2022: The Year of the DAO

FWB, ConstitutionDAO, and other social-cultural DAOs drew a small amount of interest last year, drawing at least some individuals away from Bitcoin (BTC), NFTs, and the metaverse.

Such experiments served to solidify the notion of utilizing DAOs as a means of organizing people, and it seems that 2022 will assist grow on this early momentum.."

Service DAOs are expected to continue to increase in 2022, according to Namik Muduroglu, the ecosystem and partnerships coordinator of PrimeDAO, a research collective designing coordination tools for DAOs.

Service DAOs are expected to continue to increase in 2022, according to Namik Muduroglu, the ecosystem and partnerships coordinator of PrimeDAO, a research collective designing coordination tools for DAOs.

“We have seen the rise of service DAOs in 2021 and we expect this to continue throughout 2022,”

This year, Muduroglu believes that DAOs will flourish because of their openness and accessibility and because they help form (and extend) communities on a solid democratic foundation.

“[People] can not only work for a DAO and earn for their labor but also have a voice for the work that they are doing; no longer a cog in the machine, but an active participant in their community and the future of their project. In this regard, I believe DAOs are going to increase in number and fervor in 2022,”

It has been reported by more than one industry participant to Cryptonews.com that the DAO's fluid, open, and dynamic architecture will attract more businesses and communities to use them in the future.

With no effort, a person may enter and exit BitDAO with ease, and even contribute to more than one at a time. Kevin Rose, Windranger's director of marketing and communications, told BitDAO that this was true. 

“One can move in and out of them without much friction, and even contribute to more than one at the time pretty seamlessly,” 

There will be an increase in the number of individuals who are able to move into positions inside DAOs where they can actively contribute as more tools solutions experiment with things like access control, member incentives, treasury management, and general governance.

In the aftermath of the COVID-19 epidemic, many of us will see a change in our relationship to work and the degree to which our jobs become more flexible, according to Rose. As a result, he believes, decentralized autonomous organizations (DAOs) will have an easier time spreading across the global economy.

He said in an interview,

“DAO models will make it easier to find aligned communities, outlets for passionate work, and ways to be rewarded so long as the tools become available to lay this path. The gig economy rhetoric set the mental stage for younger generations to be as fluid as DAOs can be. It’s a perfect match for the future,” 

DAO-based models are becoming more popular among organizations, especially when it comes to generating funds because rules are still lacking in many countries, according to Kyle Weiss, CEO of the Gitcoin community of developers.

“I also expect to see a number of those organizations fail the same way lots of internet companies have failed over time as well. This is the reality of the space, and we would be foolish to think the DAO model alone will solve all business problems,”