Organization

Last updated 2 months ago

(still under construction)

Definition of an "Organization"

Wiki: "An organization is an entity comprising multiple people, such as an institution or an association, that has a collective goal and is linked to an external environment."

Synthetic definition by Thetta: "An organization is an entity that is comprised of multiple actors (humans, smart contracts, etc) with clear governance rules, incentives and internal capital.

Example: "TheDAO" as an organization (in this sense) consists of:

  1. Actors - token holders and curators

  2. Clear governance rules and incentives - deployed code

  3. Internal capital - tokens, ETH (profit and funds)

What is not included:

  1. Domain and web site - DaoHub.org (asset, but not an internal capital)

  2. Legal entity - DAO.Link company (asset, but not an internal capital)

  3. Team

(TODO) We are not sure if these entities should be included or not:

  1. Source code

  2. Idea