Q.) In our community Telegram it was asked by J S: "Can we imagine to bluid [sic] a real world organisation with DAO stack like restaurant ?"
A.) Answered by @Pat [DAOstack Community Manager]:
Hey J S – good question. It is possible, yes, that a single restaurant could benefit from collective decision making. We would call these types of implementations “smart companies.” However, the benefits might not be worthwhile to implement DAOstack at such a small scale (a single firm). DAOstack is better geared towards larger organizations, that need to solve the challenge of governance-at-scale. Overall, the answer to your question is YES: brick-and-mortar organizations can be built on DAOstack.
Q.) In our community Telegram it was asked by Ronald Van den Hoff: "Matan, can it also be used by SME’s…?"
A.) Answered by @matan [DAOstack Architect]:
The real benefit for SMEs from being deployed on the DAO stack would be the connection to the larger ecosystem of coooperation, and the possibility to involve in them a larger network of contributors, investors, auditors, freelancers, etc. In that sense, the entire DAOstack ecosystem is a one big DAO, and small and medium enterpreises would benefit being part of it.
I would say that the right parameter for “benefit” from DAOstack is not just about size but also about opennens. If your’e open it means you can involve a larger crowd within your operation, and that’s the main advantage.
Discussion prompts:
- What sorts of brick-and-mortar organizations do you see working best with DAOstack?
- What types of smart businesses could DAOstack help provide scaling solutions for?