The idea of a DAO - a Decentralized Autonomous Organization - rests on the belief that groups of people (an organization) can act (be autonomous) without relying on a single (centralized) person to make decisions. Sadly, the vast majority of DAOs struggle with this vital capability. Simple DAOs with simple goals (“maximize returns on our fund investments”) have found ways to make decisions efficiently through proposing and voting. But almost any DAO with a complex goal (“build and run a platf...
