The Decentralized Autonomous Organization (DAO) is a new organizational form potentially as important as the creation of the corporate form in the 1600s.
Replying to @coloniser_3000 @ATabarrok
Working on it. The corporate form, the for profit joint stock corporation, has been dying the death of a thousand cuts, the most severe assault being Sarbanes-Oxley. The group that produces an effective replacement is likely to become stupendously rich.
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