Many DAOs and Web3 Projects Are ‘Decentralization Theater’: Tezos Co-Founder
Tezos Co-Founder Kathleen Breitman says many Decentralized Autonomous Organizations remind her of middle school. Voting is one element of a DAOs function, but ratifying a measure that’s agreed upon is just as important, she said. Breitman said a DAO can quickly devolve into one member taking a larger stake in the decision making process than their peers, and warned against putting people in a position of power that gives them the authority to overrule decisions once members of a DAO have weighed in. That's not a way to govern anything.
Source
https://t.me/DApps_Web3
