## Envisioning a Fiat "DAO"
@jessewldn often mentions that UX patterns and user behaviors from crypto can be ported to the world of mainstream centralized applications and services. One area I'd be excited to see this come true is DAOs.
DAOs are already confusingly named, perhaps misnamed even, as most DAOs are not autonomous. The idea of a fiat-based DAO stretches the term to the point of meaninglessness, so perhaps here we should abandon that name altogether and call it for what it is: a saas tool for accepting, pooling, and allocating capital with voting or other governance mechanisms. I don't have a great term for this concept yet – if you have an idea for a substitute for "Fiat DAO" please post below.
There are a few organizations that look like Fiat DAOs today: Enspiral's cobudget tool ([cobudget.co](//cobudget.co)), and [opencollective.co](//opencollective.co). Open Collective is particularly interesting, because it draws from UX patterns popularized by Patreon and Kickstarter.
A Fiat DAO would have the following challenges:
- Inability to "stream" capital the same way crypto can when gas fees are low
- If using crypto in the backend, fiat onramps
- Presenting voting interfaces to non-crypto-native users