WEF publishes new in-depth guide to DAOs to air issues, encourage development
The World Economic Forum (WEF) released a “toolkit” for digital autonomous organizations (DAOs) on Jan. 17. More than 100 experts contributed to the document attempts to provide “a starting point for DAOs to develop effective operational, governance and legal strategies.”
The 37-page so-called toolkit is explanatory in nature, with concise but encyclopedic entries on DAOs and related topics. It described them as “a set of adaptable resources for key stakeholders to help realize the full potential of this emerging form.” DAOs have “the potential to address many of the shortcomings of the traditional firm while also realizing more equitable governance and operations,” according to the document.
The World Economic Forum has published a toolkit on DAOs pic.twitter.com/iVn9E7WWHh
The discussion begins with a section titled “What are DAOs” and goes on to cover DAO operations, governance and legal structures. That was followed by recommendations for each of those areas, which were also provided in a discussion format and tended to be somewhat generalized, for example:
The discussion did not mince words when it had points to make, however:
Related: WEF introduces cyber resilience framework, index to increase organizational security
This is not the first look WEF has taken at DAOs, or even its first toolkit. The WEF published the “Decentralized Finance: (DeFi) Policy-Maker Toolkit” in June 2021 and a follow-up report in June 2022.
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