Why DAOs are not yet the next step in the evolution of human organizational structures Decentralized Autonomous Organizations (DAOs) may unlock financialized incentive structures for better value alignment and distributed ownership amongst contributors, but many struggles still exist in coordination. Primarily these fall under contribution, governance, and culture. Legal recognition and regulation is another huge barrier, which is beyond the scope of this article. Aashraya Rau and a16zcrypto ...