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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Blockchain and the Future of Work
Description: Blockchain and the Future of Work Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. The traditional company has a hierarchical structure of leaders, employees, and investors. Blockchain enables a new structure called the Distributed Autonomous Organization or DAO. The DAO replaces the hierarchy of the traditional company with a network of contributors. The DAO consists of contributors as follows: Instead of employees, the DAO has workers who earn tokens by advancing the goals of the community through their labor. Instead of compensating service providers such as lawyers and...