Starting my journey to learn about DAOs
And sharing what I find
Some of this is new technology. Some is ancient wisdom of tribes.
Much to learn about both!
Starting my journey to learn about DAOs
And sharing what I find
Some of this is new technology. Some is ancient wisdom of tribes.
Much to learn about both!
This is the Endgame ♟♖♛♔
Ep. 99 with @VitalikButerin
- How far are we along on #Ethereum’s roadmap?
- What challenges lie ahead?
- What about the rise of Alt L1's?
- Are all L1's converging on the same future?
Tune in to the podcast 🎙📺
https://t.co/yjIMP1LYkM
I don’t know who needs to hear this
But you don’t need to own tokens or an NFT to contribute to a DAO
Yes, there are some DAOs that require tokens or NFTs to join, but many don’t
Crypto is the new stock market.
It's the new bond market.
It's the new commodity market.
It's the new market for EVERYTHING.
Including things that've never had a market previously.
Bankers & billionaires either make room or get run over.
Crypto is here.
Anonymity and accountability are reconciled through crypto
Freedom to be who you are and bring your best self to a task
Transparency to tie outcomes to effort
DAOs are very exciting when they're all about creating content and IP
What happens when they purchase significant assets?
Corporations have legal protections so that individual owners are not liable for the risk of huge balance sheets
DAOs very early here. What's working?
Voting in a DAO can be a tricky subject as it is forming
Early days will be consensus-driven
The team forms before the smart contract and token
What are the operating models that have worked best?
Today's web3 communities must be what it felt like to be in hobby computer clubs in the 1970's
So much enthusiasm for boxes with lights and switches
99% of the world didn't understand or care what the nerds were making
Each year that % dropped towards 0