Keeping Up With the DAO Joneses

“Crypto in and of itself represents access. It represents freedom. It represents inclusion and digital social justice.”

“On Purpose” host Tyrone Ross returns from a Thanksgiving holiday to provide an introduction to the macro landscape in the Registered Advisor (RA) industry. As the emerging crypto industry continues to increase its relevance to clients, advisers need to be up to date on topics such as decentralized autonomous organizations (DAO), the metaverse, Web 3, decentralized finance (DeFi) and non-fungible tokens (NFT).

One emerging technology in particular has the potential to transform the entire RA industry. DAOs present a new opportunity for groups to come together and exercise their combined power for the global good. Ross emphasizes that advisers who start learning now will be ready to embrace “an industry that is going to rush in new ideas, creativity, wealth generation, financial inclusion, diversity and inclusion.”

This episode has been produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl. Our theme song is Walk with Swag.

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