Eventually, DAOs will outperform any organizations that cannot scale to the level of collectives.

The actual play today is between Capitalism & Pseudo-Capitalism.

Reseach & Investments at Primal Capital // arhat.mirror.xyz // 0xArhat.twitter // official bro of /broski

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In the context of DAO, it's when the balance b/w trustless governance & incentives are misaligned or, let's say, is not balanced equally (50:50).

This leads to either,

1) (group of) members hoarding up gov tokens for supporting or vetoing proposals or

2) exploiting treasury for own benefits.

What do you mean when you say pseudo capitalism?