Moving forward in the metaverse — are DAOs the future of the web?

The way our society works today, in regards to technology and progress, is mostly in the hands of the large companies. Corporations decide what will be the big push for the future. Inside of these monoliths are hundreds or thousands of workers who, through monetary incentive, are striving for the vision laid out by their leaders. The people at the top make all of the calls and receive most of the profit, much like it has been for many years. DAO’s want to change that.

What is a DAO? It stands for Decentralized Autonomous Organization, but that might sounds a bit confusing to most people. Chase Chapman, DAO contributor and entrepreneur, has an easier to understand corollary for the rest of us.