Companies are just legal constructs that we as a society have agreed upon. Humans have used coordination mechanisms like the joint-stock company since the Tang dynasty (618–907). Over time, our society’s ability to coordinate capital has evolved and grown more efficient.
Decentralized autonomous organizations (DAOs) are an emerging form of capital coordination. Similar to the assorted forms of legal entities, there exist many versions of DAOs.
Some of the most popular include:
Mason was a Senior Research Analyst at Messari focused on Web3 protocols and cryptoassets. Before Messari, Mason worked at ConsenSys as a Content Marketer focused on marketing strategy. Mason obtained his Master’s in Business Management at Hong Kong Baptist University.