The DAO Experiment: Future Possibilities and New QuestionsThe term Dao is best known as a Chinese spiritual and philosophical tradition that promotes harmony with all things. In this context it is defined as a “way”or “path” that engenders a life that flows naturally without being forced.
Then there is the acronym DAO, which is short for Decentralized Autonomous Organizations, a rapidly emerging word within the decentralized technologies space. Here we are referring to a universal shared network of individuals who engage online in an intentional path of work, cooperation, and wealth generation. And to add to the confusion, the term The DAO refers to a support platform for Ethereum-related projects, a dense cache of smart contracts written on the Ethereum blockchain. But more on The DAO later...
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