Governance is a thorn for DAOs because they are not seeded with rules like corporations. This may sap productive capacity.
But some members might see adding rules and centralized mechanisms as an assault on the community. 9/14
You bring value to your company--you should be compensated it. @Run_the_Jewelz eloquently elaborates on the @banklessconsult compensation ethos. This is game changing.
A consulting firm that pays 90% of its earnings back to project teams and back office contributors?
Yep, that's us.
On the @BountyxHunterx podcast this week, hear @Run_the_Jewelz explain how Bankless Consulting sets itself apart from the traditional world of consulting.
@infinitehomie A lot of what ifs to determine if term limits are needed such as: expectations of the role, experience needed, community participation, and organizational needs, and timelines. Ultimately I caution against blanket solutions.
@LeCryptographe Love seeing the different influences in your art. It's always cool seeing influences from anime, other NFT projects, CT peeps, memes, etc. Congrats on 365! This is my favorite of your series: https://t.co/JvQZ5TZugZ
The DAO run lemonade stand:
Little Jimmy is pouring glasses of lemonade for $0.50 each, which costs him $0.10 in materials.
Meanwhile there are 1000 lemonade stand token holders crowded around the lemonade stand typing how to run the lemonade stand into the Discord
“We gotta have that killer decentralized business app on crypto” to drive the next wave. -Mark Cuban on @bankless pod with @TrustlessState@RyanSAdams
Like in 95 when streaming an out-of-market game drove adoption for TCP/IP.
Who is building these killer business apps?
@0xbaer Technical implementation would not be difficult. The philosophical game theory involving compensation models and election influence models are the "messy" parts.
We clearly made a mistake, @bankless. 🫢 Glad our teams were able to fix things quickly. Can you DM me your contact info and we can talk offline? Love the level of conversation happening around crypto on YouTube - very interested in web3 and the role we can play in the topic!