🔍 Researchers from the University of Texas & Princeton have explored challenges to decentralization and autonomy in decentralized autonomous organizations (DAOs). Key findings:

🌐 DAO growth incentives participants to consider tokens as investments, diverting subsidy from users and harming participation.

📈 Investors may take a majority stake to control the platform, treating purpose-driven DAOs like traditional stocks.

⚖ The balance between tokens & securities can be disrupted if DAO participants focus on returns rather than platform services.

DAO enthusiasts, what are your thoughts? 💭 Discuss in the comments! ⬇️