Could DAOs, or "decentralized autonomous organizations", be the key to building the next great city? Experimental urbanist Scott Fitsimones shares how these mission-driven, blockchain-governed, collectively owned organizations could increase the speed and efficiency of building cities (among many other applications) -- all while pooling decision-making power in a radically collaborative way. Hear about how he started a "crypto co-op" that bought 40 acres of land in Wyoming and learn more about the potential for DAOs to get things done in the future.Want to help shape TED’s shows going forward? Fill out our survey!Become a TED Member today at ted.com/joinLearn more about TED Next at ted.com/futureyou Hosted on Acast. See acast.com/privacy for more information.
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