The article argues that while centralized firms may share similarities in their structure and operations, every decentralized autonomous organization (DAO) is unique in its approach to decentralization. DAOs are able to tailor their governance and decision-making processes to fit the specific needs and values of their community, creating a more democratic and transparent system. However, this also means that there is no one-size-fits-all solution for DAOs, and each must carefully consider their approach to decentralization in order to be successful.
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All Centralized Firms Are Alike—But Every DAO Is Decentralized in Its Own Way
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