The organizers of Croatia’s Circus Maximus music festival are not only bringing a massive lineup to the table for its 2021 edition, but also hoping to change the way festivals are organized and ticketed. Utilizing a financial concept called DAO (or Distributed Autonomous Organization), Circus Maximus will put the power in the hands of the its attendees. According to a press release, DAOs run through rules encoded in smart contracts, and can be organized around common goals or interests. In this instance, a DAO will be applied to the festival in conjunction with cryptocurrency and new technologies to allow the community to determine venue location, performers, budget distribution, and more for future iterations. Croatia’s Circus Maximus Festival. Circus Maximus F...