The word “dao” has roots in Chinese philosophy and was defined in Latzu’s Dao De Jing to mean “the path or the way”. I always think of that before I think of “decentralized autonomous organization”, which the acronym “DAO” has come to represent. Whether the philosophical symbolism is intentional or not, DAOs and the broader crypto movement share much in common with Daoism. Both stand for resistance to control, encourage individual freedom, and flow above oppressive governance in a way that could destabilize the world order. With that, a DAO exemplifies a new technological structure that has the potential to disrupt the fundamental framework of the enterprise.
Are DAOs the future of enterprise?
