Carozzi
Mariano Giovanni Carozzi
Founder
First personal coin
June 15, 2024 14:40 - 15:00

Blockchain

What are DAOs and why do they have a promising future?

DAOs (Decentralized Autonomous Organizations) represent an evolution in the business sector thanks to decentralization. They consist of a treasury (a series of digital assets), a smart contract (operational rules), and a community (a group of interested parties). Maker DAO is one of the most well-known examples, with a treasury of around $7 billion. Similar to traditional corporations, DAOs operate with complete autonomy through smart contracts, although they are sometimes critically labeled as DINO (Dao In Name Only) due to excessive marketing use. There is a growing interest in a regulated approach at both the European and Italian levels, exploring DAOs as Delegated Authorized Organizations

Speeches by Mariano Giovanni Carozzi