DAOs will radically re-shape how we collaborate and build new institutions. That's why it's important to focus on the fundamentals, understand the challenges, and work to make DAOs successful. At Legra, we're helping to do that: https://t.co/YJXWbmWIYY
DMs are open, let's talk!
DAOs are Decentralized Autonomous Organizations. They're changing how we build companies, communities, and collectives. But what does "Decentralized Autonomous Organization" mean? Let's break it down 🧵 #DAO#web3#crypto
We have seen this too: DAOs need structure, because the real world isn't flat. However, this doesn't have to mean centralization.
https://t.co/jXKpThPDYK
The community has hurt itself by restrictively defining DAO to mean "a community group embracing the tyranny of structurelessness".
There's been a rather successful movement to discredit the efforts of any DAO with even a loosely centralized structure as "not being a real DAO".
But if they're not getting closer to the problem, then it's not useful structure. It's "structure for structure's sake", and that's just as bad as too little structure.
The magic formula is:
1) Understand problem
2) Build structure around that
3) Profit!