Could a DAO build the next great city? | Scott Fitsimones | TED Talk

Experimental urbanist Scott Fitsimones asks “Could a DAO build the next great city?” in this TED Talk focused on innovation and digital transformation. Fitsimones explores the potential for DAOs to leverage smart contracts to mitigate the inconvenient bureaucratic process involved in city planning. From budgets to city permits, a blockchain-based DAO gives contributors ownership and control over the decision-making process in the form of voting rights - everyone who contributes gets to be part of the greater collective working towards a common goal. This democratizes every aspect of the city planning process.