*We are not presenting a template for all DAOs but generally applicable heuristics. Myth: Onchain voting will solve the problem of the internet being in the hands of a few stakeholders. Today’s internet has diverged from its original vision where instead of an internet that’s controlled by the

*DAO “member(s)” refers to either a natural person or a legal person. Myth: DAOs are organizations with a shared onchain bank account. It’s hard to miss the writing on the wall if you’ve been a part of crypto since 2021. Everywhere you turn people speak about DAOs