Thanks that's helpful context. So what you're saying is ultimately DAOs are about governance of traditional entities. So if there isn't a traditional entity at the top yet, it needs to be on the roadmap or the whole thing is a bunch of puffery.

I've seen a bunch of DAO concepts that are fundamentally "hey let's make currencies and securities". It's like "uh, remember all the ICO stuff? that didn't work".

Excited to see examples of DAOs that do connect to augment traditional governance structures.