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Why Kevin Owocki, the open source guru who started Gitcoin, still believes in DAOs

It’s been a rough couple of years for DAOs.

These blockchain-powered cooperatives have lost millions in hacks, been swept up in legal controversy, and suffered all manner of financial chicanery.

Moreover, decentralised autonomous organisations were supposed to usher in an egalitarian revolution in the way online organisations were governed.

Yet, too often, a select few control the governance tokens that shape the growth of DAOs. Worse still, no one votes on key proposals.

But Kevin Owocki still believes.

Why Kevin Owocki, the open source guru who started Gitcoin, still believes in DAOs

It’s been a rough couple of years for DAOs.

These blockchain-powered cooperatives have lost millions in hacks, been swept up in legal controversy, and suffered all manner of financial chicanery.

Moreover, decentralised autonomous organisations were supposed to usher in an egalitarian revolution in the way online organisations were governed.

Yet, too often, a select few control the governance tokens that shape the growth of DAOs. Worse still, no one votes on key proposals.

But Kevin Owocki still believes.
https://www.dlnews.com/articles/defi/why-gitcoin-guru-kevin-owocki-still-believes-in-daos/