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Why do participate in DAOs?

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by COINS NEWS 3 Views

If you participate in DAO or governance of some protocol, why are you doing this? If you don't, why do you think other people doing this?

My imagination says that DAOs could be a hidden gem, because it's hard to understand and people don't participate in them, but it's really hard for me to say if it's true

Is it interesting? I talked with some chatbots about it and it seems, that DAO can show you how politics is done in small groups (compared to countries for example)

Is it profitable? I see the trend that all of the government tokens are tend to drop, but why? Do you know opposite examples?

Is it maybe about community and networking? You participate in DAO, get to know some people from community, from protocol team

submitted by /u/laontme
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