Decentralized autonomous organizations (DAOs) are a new and revolutionary form of organizations that manage assets and activities with smart contracts on a blockchain. In the early days of Ethereum, a DAO called “the DAO” was able to gather 14 percent of the total supply of Ethereum tokens worth about USD 150 million at the time. The subsequent hack of “the DAO” led to a temporary halt in the development of DAOs.
In the last years, however, DAOs have seen a renaissance and they are back on the floor. As compared to “the DAO”, their designs have much more matured. Today, DAOs are active in numerous business areas. From venture capital to reforestation, from managing a decentralized exchange to collecting (NFT-) art or even for buying the constitution of the United States of America, DAOs cover a plethora of use cases and continue to question traditional organizational designs. We don’t know yet which business cases will be successful, but DAOs are here to stay!
What are the drivers and challenges of this new form of organization? Find out at the DAO Symposium on the 29th of November 2022 at Trust Square in Zürich. The symposium gives an overview of legal and regulatory pitfalls of DAOs, presented by Romedi Ganzoni, senior associate at MME Legal, lecturer, blockchain and fintech enthusiast. Isla Munro-Hochmayr, founder at FTW DAO and collaborator in multiple other DAOs, talks about her experiences with DAOs and tries to answer the question “Are DAOs the future of organization?”.
Don’t miss out and register soon as ticket numbers are limited!