The Efficiency Parity HypothesisThe crypto ecosystem has been talking about DAOs since 2014. DAOs are even highlighted in the Ethereum whitepaper. But how will we know when they are ready for prime time? I think the most important dynamic to look at is how efficient DAOs are at accomplishing their goals in comparison to traditional organizations (TradOrgs). Secondarily, I would look at the Learning Rate for each of these types of organizations. There are three properties of DAOs that stand ou...