DAO TREND IS NOT GOING TO END – IT WILL 100X IN 2022 - WHAT WILL HAPPEN NEXT IN DAO WORLD?

DAO Trend is not Going to End – It Will 100x in 2022

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In the last summer, an anonymous group of "crypto fans" pooled their resources to pay $4 million for the sole copy of the Wu-Tang Clan's "Once Upon a Time in Shaolin" album. However, it wasn't until late October, that PleasrDAO was revealed as the buyer. The announcement surprised the cryptocurrency community and made mainstream media headlines. PleasrDAO has amassed a multimillion-dollar collection of rare collectibles. In June, it paid $4 million for the original "Doge" meme non-fungible token. PleasrDAO's acquisition is notable because it is not your typical investment firm. It is a blockchain-based decentralized autonomous organization (DAO). Traditional investors, such as billionaire Mark Cuban, have recently expressed interest in DAOs, which he describes as "the ultimate combination of capitalism and progressivism."
While, Andreessen Horowitz has led multimillion-dollar fundraising rounds for both DAOs and companies that support DAOs.

🕒 Timestamps 🕒
00:00 Introduction
01:40 An Internet Community with a Shared Bank Account
02:50 Types of DAOs
03:40 How DAOs Operate?
05:58 DAO Structure
07:57 Challenges and Unknowns
09:05 Final Thought

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