Remote work triggers move to DAOs in the post-pandemic world: Survey

A survey illustration of moving Americans suggests that millennial and Generation Z workers are acold much successful favour of joining decentralized autonomous organizations (DAOs) and moving remotely successful the post-Covid-19 world.

Over 1,100 Americans took portion successful a survey conducted by MetisDAO Foundation which explores trends successful distant moving preferences and the emergence of DAOs successful caller years. A cardinal information is the effect that Covid-19 has had connected idiosyncratic sentiment and the maturation of DAOs successful firm governance.

Citing a probe study connected DAOs published by the Harvard Law School Forum connected Corporate Governance, the results of the survey item however DAOs saw their treasuries swell from $400 cardinal to $16 cardinal successful 2021.

This coincided with increasing subordinate figures, up from 13,000 to 1.6 cardinal radical during the aforesaid period. Drawing comparisons to immoderate of the largest multinational corporations, planetary DAO workforce numbers are adjacent to 1 Amazon, 18 Facebooks, 7 Microsofts oregon 11 Google.

Related: Toss successful your occupation and marque $300K moving for a DAO? Here’s how

The interaction of Covid-19 is simply a superior operator of Metis’ study investigating workers readiness for decentralized employment opportunities. The unexpected, accelerated displacement to distant moving conditions of the pandemic has seemingly driven cognition and knowing of DAOs and decentralized autonomous companies (DAC), peculiarly among millennial and procreation Z workers.

A large takeaway from the results is that astir 75% of respondents judge that companies volition request to accommodate however they tally their businesses to connection much distant enactment options. Millennials moving successful hybrid oregon distant settings offered the astir affirmative responses connected however DACs offer workers opportunities to assistance govern a company.

47% of the respondents besides indicated that they would beryllium unfastened to moving for a DAO oregon DAC arsenic a contracted employee. The survey besides indicates that millennial workers are much consenting to enactment for a DAO oregon DAC than immoderate different property group.

Meanwhile, Gen Z respondents astir accurately defined a DAO compared to respondents from different property groups and a bulk of Gen Z participants besides defined DAOs arsenic ‘revolutionary question changing the aboriginal of work’.

MetisDAO concludes by highlighting the power of prolonged distant moving conditions driving the tendency for much decentralized and autonomous enactment environments.

“The survey results amusement that a bulk of respondents question each of the things that DACs provide; distant enactment opportunities, independency from management, and power implicit the organizations they enactment in.”

MetisDAO’s survey came from a illustration of 1112 respondents done SurveyMonkey successful November 2022. The DAO forms portion of Metis, an Ethereum layer-2 rollup solution.