DAOs: Understanding the Mechanics and Governance of Web3
What you'll learn
- Learn about the history and standard formation of a DAO
- Learn the advantages and disadvantages of a DAO
- Learn the foundations of Blockchain
- Be able to discuss the different kinds of Governance Models
- Be able to discuss Smart Contracts
- Be able to discuss and address risks of using a DAO
- Be able to discuss the management of a DAO
Requirements
- None, there are no prerequisites for this course
Description
A Decentralized Autonomous Organization (DAO) based on smart contracts on a blockchain has been created due to the rise of blockchain technology and a need to streamline contract time and payments. Smart contracts govern DAOs, which are governed by their members, who vote on proposals and make decisions.
This comprehensive course will give you a deep understanding of DAOs, including their mechanics, governance, and economics. Among the types of DAOs discussed are those focused on funding, governance, and social impact. We will also cover the legal and regulatory framework for DAOs and the latest developments.
Topics covered in the course include:
What are DAOs, and how do they work?
What are DAOs: How are they funded, how are they governed, and what is their social impact?
How DAOs work: Smart contracts, tokenomics, and consensus mechanisms
DAO governance: Voting, proposals, and decisions
Regulatory and legal considerations for DAOs
Future trends in DAOs based on the latest developments.
After completing this course, you will develop a deep understanding of DAOs and their potential to revolutionize how organizations operate. DAO ecosystem participants and contributors will also receive the knowledge and skills necessary for participating in it.
Entrepreneurs, investors, developers, or anyone interested in blockchain technology and decentralized governance can benefit from this course. The course does not require any prior knowledge of blockchain or DAOs, although some knowledge of cryptocurrency and smart contracts would be helpful.
Take advantage of this opportunity to gain a comprehensive understanding of DAOs and how they are changing the face of Web3.
Who this course is for:
- Anyone who is working with, working on, or plans to do a DAO
Instructor
Dr. Dan Morrill teaches at several universities and certificate based boot camps. As a professor of online learning since 2014, Dan has supported a diverse student population to succeed in an online environment. This includes the use of online systems to develop comprehensive study guides, education standards, and process learning. In addition to his focus on student outcomes, Dan has over 20 years of experience in cyber security and information technology. He has written multiple books on cloud computing, e-commerce, security, and SEO. In addition to supporting startups, he is a passionate supporter of startup culture as well. He obtained a BS in Information Systems Management, an MS in E-commerce, and a Ph.D. in Cyber Security.