Tokenization and „Institutional adoption“ – two concepts that have emerged as the new hot topics in the crypto market. While some may view the inclusion of crypto assets into traditional financial instruments as a significant development, it is crucial to recognize that this is merely the beginning of a far…

No DAO is like the other — long-term success requires the choice of a sustainable governance model. To do this, you need to understand the purpose of the DAO. Following the discussions about DAOs, you might think that a completely new form of organization is being invented here. I already…

Digital Identity is the prerequisite for improved participation in digital organizations and DAOs. As long as you can’t identify users, all users are equal. More sophisticated governance systems rely on the reputation and experience of stakeholders. That's why many decentralized organizations share a challenge today. How to build governance on…

With increasing interest in Web3, DAOs are also becoming an increasingly important topic. How do I organize all the work, the community and how do I avoid dependence on “central players”? DAOs are supposed to be the solution. But are they indeed? Does Web3 make sense? I am a strong believer in the core…

This article was originally published on MoreThanDigital. Read the full article here: https://morethandigital.info/en/dao-what-is-decentralized-autonomous-organization/ Basically, DAOs are about finding new forms in which to organize work and, more importantly, collaboration. These new forms are based on the core idea of eye-level collaboration between the stakeholders involved. …

Token is a rather abstract term. For many, it primarily means the opportunity to make (or lose) money quickly on crypto markets. Certainly, price developments of crypto assets (aka tokens) are to a large extent speculative in origin. However, tokens are more than that. They represent a milestone in economic…

Because the NFT hype (Non-Fungible Tokens) continues, it’s worth to think about how this could impact the real economy. In my article at MoreThanDigital I explain why NFTs are not only interesting for the native digital and crypto world but also for the real economy. NFTs already offer opportunities for creators today. They can now market their content through digital ecosystems and have the chance to participate in secondary trade in the long term. The weaknesses of an economic system based on centralization and lack of digital capabilities are addressed by this. But Blockchain technology and Decentralized Finance can fundamental change the way, real values are digitized and exchanged. The principles I explained in my article can be applied to almost all industries that do business with real and digital goods.

There is a lot of discussion and hype about digital ecosystems today. Digital ecosystems are stepping up to solve the problems of the platform economy. But ecosystems are not a new phenomenon. They have existed since the economy as a whole has existed. …

Companies that want to be successful in the digital age must first overcome classic patterns of thinking. An initial and still widespread belief is that digital transformation is about technology. In truth, the real potential lies in the transformation of the customer experience — away from products to comprehensive service…