NFT Boom 2021: The DAO Connection
The 2021 NFT explosion intersected significantly with DAO development in three key areas:
- **Ownership Revolution**: NFTs and DAOs both leveraged on-chain verification for digital assets and governance rights
- **Community Management**: DAOs provided infrastructure for NFT projects, enabling collective decision-making on launches, revenue distribution, and community values
- **Investment Evolution**: DAOs facilitated group investments in NFT collections, transforming digital art into community-owned assets
This convergence created new models for digital ownership and governance, establishing frameworks for decentralized creative economies.