Nora Jenkins Townson is the founder of Bright + Early, a modern HR and workplace design consultancy.
Decentralized autonomous organizations, unlike traditional companies, are owned by their collective contributors. This means that each DAO, lacking the built-in hierarchy that bosses and investment capital bring, must create its own system of decision making, rules and rewards.
Of course, having multiple gigs is nothing new to creatives and freelancers. Like them, practitioners of this new way of working must fund their own health benefits and are not usually eligible for social security programs designed for full time workers. While this may be okay for high-paid tech workers, the gig economy can be actively harmful for those relying on lower paid, piecework contracts via delivery apps or clickwork.
“DAOs need to be able to do work asynchronously as people are coming in from anytime, anywhere,” he says. “This is relevant to regular organizations as they navigate this hybrid, or remote-first culture.” To Spurlin, this means being diligent about documentation, getting good at sharing early versions of work, and making it easy for someone to pick up where you left off.
Think this is a good way to avoid office politics? Even within this worker-empowered system, team members may not get the result they want. Earlier this year, token holders at MakerDAO
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