Why did Democracy fail in DAOs?

Continuing the publication of interviews from DevConnect in Buenos Aires, I sat down with Theo Beutel (academic secretariat at the Ethereum Foundation, researcher at Centre for Democracy Studies Aarau, University of Zurich) to reflect on attempts at democracy with DAOs. As someone who has worked as the governance lead at several DAOs, Theo had a lot of insight to share. We discussed his recent paper Digital Democracy in Decentralised Autonomous Organisations, the role of academia in Ethereum ...