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

Could DAOs, or "decentralized autonomous organizations," be the key to building the next great city? Experimental urbanist Scott Fitsimones shares how these mission-driven, blockchain-governed, collectively owned organizations could increase the speed and efficiency of building cities (among many other applications) -- all while pooling decision-making power in a radically collaborative way. Hear about how he started a "crypto co-op" that bought 40 acres of land in Wyoming and learn more about the potential for DAOs to get things done in the future.

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Every weekday, TED Talks Daily brings you the latest talks in audio. Join host and journalist Elise Hu for thought-provoking ideas on every subject imaginable — from Artificial Intelligence to Zoology, and everything in between — given by the world's leading thinkers and creators. With TED Talks Daily, find some space in your day to change your perspectives, ignite your curiosity, and learn something new.