Earlier quoted context omitted.
They mention "a decentralized autonomous organization" which is a blockchain invention (a "smart contract" thingie): https://en.wikipedia.org/wiki/Decentralized_autonomous_organ...
The term DAO as it's used now is orthogonal to blockchain and crypto. It's mostly a term to describe codified governance/community systems. There may be point systems implemented via crypto tokens, but in the vast majority of cases those would be better implemented on centralized ledgers since there's someone with centralized control over either the token issuance, the communication channels, or other essential resou…
ducks