6 Benefits of a DAO

Combining the DAO with a well thought out token economy will create the next Amazon's & YouTube's of the world, only decentralized versions. When comparing a DAO with the legacy system; the primary rights of a sharehodler in the legacy system:

Voting Power on Major Issues.
Ownership in a Portion of The Company.
The Right to Transfer Ownership.
An Entitlement to Dividends.
Opportunity to Inspect Corporate Books & Records.
The Right to Sue For Wrongful Acts.
Now, if we take a look at each one from above, let's see how it compares to Steem:

Voting Power on Major Issues. - Steem Hodlers can vote on witnesses, which run the network.
Ownership in a Portion of The Company. - Steem is ownership over the influence of the community. Unlike a stock, Steem has a real use-case regarding social media exposure.
The Right to Transfer Ownership. - Steem/SBD can be transferred without permission to anyone, anywhere, anytime instantly & for free.
An Entitlement to Dividends. - Steemians are entitled to allocate the flow of inflation of Steem each year. The more SteemPower one has, the higher percentage of influence that person has on the platform.
Opportunity to Inspect Corporate Books and Records. - Open source blockchains can be checked 24/7 without the approval of anyone.
The Right to Sue for Wrongful Acts. - The community can act and downvote harmful content. If Ned were to walk away, just like Dan did, the Steem blockchain would still live. However, with Steem I have a ownership right to space on the system, no one can take that away from me, just like if one owns bitcoin, you own space on the BTC blockchain and no one can take that from you. There is no reason to “sue” because no one can take your rights away unless they steal your private keys.