What can a DAO do?

<p>Oh the wonderful things that a DAO can do!</p> <p>It can moo like a cow, moo moo. No, hang on, that's a Dr. Seuss book.</p> <p>The thing is, a lot of DAO use cases are probably better served by a multi-signature wallet than a DAO. But there are some where providing the ability for a diverse and unconnected group of people to vote on a regular or semi-regular basis as to how assets should be dispersed, is of value.</p> <p>Furthermore, DAO's can be given extra powers by connecting or chaining them to other smart contracts.</p> <p>In this episode I present the example of a DEX being controlled by a DAO, but I'm sure there are plenty more. In fact, I've thought of a couple just while writing this. But the key is, you have to think about that diverse and unconnected group being provided with the means to coordinate in a meaningful manner.</p> <p>Which is kind of what corporations do, when looked at from the administrative and legal angle.</p> <p>Anyway, it's only a short episode, so go listen to it.</p>