Yes, I believe there will be a life after Facebook!

Either it will have to completely reinvent itself from the ground up - and replace itself basically by a fairer business model that puts "benefit for all (its users)" above "profits only for shareholders", or it will be replaced by alternatives.

ONO is on the horizon, and while we don't know yet if it's just a hype or has some real potential to change the social media landscape, it won't take long before there will be other serious competitors.

Even if Facebook plans to turn things around, it will only work if they are fast enough - before people have completely lost trust, and before the competitors are stronger.

I have a feeling, though, that we haven't seen the last of the data scandal yet. I have a feeling something is still about to happen, that will push more people over the edge - away from Facebook into "better" (fairer, more private) social media.

Even a giant like this is not immune to sudden, total collapse. Our world is in a consciousness and value shift - people are reevaluating what and who to put their trust in. Central institutions are gradually losing our trust.

Some of us are ready to trust an algorithm instead of a central institution. Many others are not. Whether DAO's will be successful in the long run, depends how fast human consciousness rises and adapts to this new organisational form that has rules, but no ruler.

The Dash DAO is a great example of a working DAO and a true trailblazer.