@paullo
Crypto devs love to talk about “decentralization” and “permissionless innovation,” yet most DAOs are run like group chats with a treasury. Governance today is largely performative, dominated by whales and insiders. But new frameworks are emerging: delegate marketplaces, governance NFTs, quadratic voting, on-chain enforcement. If this works, we could finally see decentralized orgs that function better than corporations. But if governance remains a meme, DAOs will die as a concept. It’s time to stop pretending it’s working and start designing governance like a system, not a slogan.