I guess you summarized the article better than me, but I still don’t see where any of this could be helpful.
As the article states, even the for-profit coops don’t put profit first and often develop when normal for-profit companies deem an activity unprofitable.
DAOs are the exact opposite in that regard. They exists as investment and speculation vehicles where people put money to make more money.
I just don’t see why anyone would put money into a DAO that is explicitly organized as a unprofitable as a typical coop. And even if someone was so charitable, I doubt that it would do any better than a regular coop would do with the same money.
I guess you summarized the article better than me, but I still don’t see where any of this could be helpful.
As the article states, even the for-profit coops don’t put profit first and often develop when normal for-profit companies deem an activity unprofitable.
DAOs are the exact opposite in that regard. They exists as investment and speculation vehicles where people put money to make more money.
I just don’t see why anyone would put money into a DAO that is explicitly organized as a unprofitable as a typical coop. And even if someone was so charitable, I doubt that it would do any better than a regular coop would do with the same money.