With DAOs making their way into mainstream adoption during the recent crypto boom cycle, it is becoming increasingly important to reflect on their successes and shortcomings in order to maximize their efficiency and effectiveness. For those newer to the space, a DAO is a Decentralized Autonomous Organization aimed toward a singular goal or purpose. In many ways, a DAO acts like a traditional LLC with shareholders being essential to the company's foundation; however, they typically have a direct-vote governance model where stakeholders are able to directly influence a project's decision-making in more ways than just capital investment.