So you finally figured out NFTs. Now the latest crypto concept to seize investors' imaginations are DAOs (decentralized autonomous organizations). The core idea that decentralized blockchain-based voting and governance could supplant centralized corporate decision-making has been around since the early days of Bitcoin. But with recent refinements to the model, DAOs have suddenly rocketed to prominence as investor pools, charitable organizations and community projects embrace them to reduce administrative waste and curb middlemen’s control over resource allocation.