Why do we need DAOs?

DAOs are an inclusive, transparent and global model for human coordination. There is no limitation on what group of people can create a DAO or what the governance structure it must have.

DAOs allow people to come together and work on common missions just as easy as joining a chat group. 

They incentivize contributors by giving them a say in the future of the organization. 

They allow to securely manage shared funds, where each participant can have a vote on what happens to them.

They can scale rapidly and are great for both open and closed communities.

A good example of a DAO is Decentraland. This is a virtual world, where users own land and can make collective decisions on the future of the virtual world. 

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