Hello Dan,

This is a great article, well articulated, and completely on point. I currently am working with Bitland, Openledger, and Synereo, and talking to the developers on those platforms, we all shared the same concerns that you have expressed in this article. As Openledger is built on the Bitshares platform, I have been working closely with Ronny Boesing to establish a new approach to decentralized organizations called the "Decentralized Conglomerate", which is not the same as a DAO, but will have similar technology powering it. We will be putting out a white paper very soon that will discern between a DC and a DAO, and why the DAO may have theoretical downfalls that may be too difficult to overcome without a new approach.

If you want to get in contact, please e-mail me at [email protected].

Cheers!

Chris Bates
C.S.O. Bitland Global
www.bitland.world