In 20 years there will be no companies and only DAOs? Vitalik's ultimate vision of decentralization

Have you ever thought that after 20 years, the concept of a company may no longer exist in this world!

Have you ever thought that any job you do can become a force for the development of the company, with the development of the company, you will benefit for a lifetime!

Have you ever thought that even a centralized enterprise can use a decentralized management method, the company can still run smoothly, and you are no longer just a worker.

All of this is being realized, or has been realized!

DAO

In life, we often encounter a situation where you work very hard in a certain company and make a great contribution, but once you leave your job and go to work in another company, any development of the original company will be lost. Nothing to do with you. So, what was the point of your efforts in the first place? Where is the result of your struggle for the enterprise?

Vitalik's (Ethereum founder, Buterin) ideal: Decentralized Autonomous Organization, that is, "Decentralized Autonomous Organization" (DAO) is becoming a reality, trying to record any individual's efforts in an immutable way On the blockchain and permanently stored, any individual's contribution and achievements will become a life-long token of benefit in DAO. This is a new enterprise system, a new incentive method, and will also be the development direction of future enterprises.

Around DAO, as low-level or high-level "workers", it is necessary for us to think deeply about its principles and future development!

01 The essence of the company and the attempt of blockchain governance
In the 16th century, the Dutch East India Company was established. As the pioneer of the modern capital governance system, the corporate system changed the way of cooperation in human society to a large extent. It is also the emergence of the corporate system that makes the decentralized, inefficient and primitive human collaboration in agricultural society evolve into a centralized, centralized and efficient modern collaboration.

The emergence and large-scale implementation of the Western corporate system has paved the way for the Industrial Revolution. It can be said that most of the theoretical basis of modern capitalism and the political operation of many modern capitalist countries are closely related to the corporate system. For hundreds of years, the corporate system has penetrated into every aspect of any economy participating in the global economy, enabling economic globalization and trade globalization.

As the most effective way of operating economic groups so far, the corporate system is undoubtedly a "great achievement in human history", and the maturity of Internet technology and big data technology has become a booster for the complete "maturity" of the corporate system. For example, the well-known Google, Amazon, Baidu, Tencent, Ali, etc., with the breadth of the industry popularization and the depth of personal life assistance, not only let people enjoy the convenience of the Internet era, but also achieved trillions of these enterprises. company valuation.