When To DAO and When Not To DAO?
summary
Argues that a DAO must have its core activity depend on on‑chain contracts, not just NFTs; warns that DAOs increase legal exposure and on‑chain transaction costs (L1 gas) while people use progressive decentralization as a legal dodge. Highlights real benefits: continuous auditability of money flows and votes, and tokens that reveal hidden value. Gives a concrete university prototype where alumni tokens buy excess classroom seats, creating a usable token economy rather than speculative trading.
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