DAOs are not the organism, they are the building blocks of decentralized autonomous organizing.
This model is not about governance for a single protocol.
It is about a new paradigm of collaboration.
I'm sure everyone in crypto feels like this once in a while, but there are a lot of positive things that crypto has unleashed into the world:
-smart contracts enabled by @ethereum, sure most people use em to extract value, but that's another story
-borderless collaboration without trust enabled mainly by Gnosis's @safe
-the hundreds if not thousands of projects that @gitcoin has quadraticly funded over the years (and continues to fund), sure a bunch of them were scammy or died, but the real ones will never forget
-the hundreds of projects @Giveth has facilitated funding for, I remember back in 2022 I raised $1k for a child with a rare form of cancer from my hometown
-the amazing environments DAOs such as @1HiveOrg@arbitrum@Meta_Cartel@Scroll_ZKP@AcrossProtocol@UMAprotocol have enabled, sure there was chaos, certain parties extracted, but the real ones will never forget
+ a bunch of other amazing things that crypto as enabled, all of these things will compound over time, the good and the bad.
It's still Ying/Yang, there is bad in good, there is good in the bad.
Just like the electric wave generates the magnatic wave and so forth, the good in crypto will generated the bad, and the bad will generate the good, it's all a cycle
Thanks for playing!
my X growth strategy is simple:
- i just post about arbitrum 💙
- i just post about arbitrum 💙
- i just post about arbitrum 💙
- i just post about arbitrum 💙
- i just post about arbitrum 💙
and the most important thing is, I have blue balls as well
Dear crrators: stop chasing every shiny new narrative. Pick one, believe in it and build.
Creating content about things you believe in >> shilling every project that could pay you
If DAOs are businesses they why not call them businesses?
Why use the name Decentralized Autonomous Organization?
Just because they haven't worked doesn't mean they will not, DAOs are just another form of human organization, they can be anything humans want to organize around.
Btw how is the Arbitrum business going?
Injured generation....blaming fiat while promoting a crypto dapp for kids is really dystopian.
Most fiat is OK, it's more predictable than 99% of crypto is atm.
The much expected IdOS community sale is live on @arbitrum 💙
My honest sentiment about it is that it's one of the most interesting projects in the identity space and they also have a innovative raise dynamic. I'll be sharing a long thread about the mechanism they're using soon.
If you wanna join it u can also use my link: https://t.co/oyRsDZ0SAs
As always NFA.
If you're yapping about @arbitrum you really need to check out this explainer from Hunter!
So why should you care about Arbitrum?
1⃣it's a digital sovereign nation
2⃣as a arb holder you decide what happens with its treasury
3⃣the Arbitrum DAO is already making revenue (just like a real business) from
a) tx fees
b) timeboost fees - pay for play txns for market makers, arbitrage, etc
c) arbitrum stack fees - from chains that don't settle on arbitrum chain
d) AGV- Arbitrum Gaming Venture which invests in games
e) STIP - invests DAO treasury into yield generating assets, @BlackRock and @FTI_US are paying the DAO
f) Because you're here yapping about it
Thank you for your attention to this post💙