polynya pfp
polynya
@polynya
The reason why "DAOs" require traditional governance is because blockchains can only do strict global consensus The assumption is you need a token to organise said governance, but this is not true. Indeed, some DAOs would be much better off following the worker cooperative or consumer cooperative model, rather than the public company model, with democratic voting and vetos for checks and balances (instead of being controlled by few whales, as it is for almost all crypto projects now - not just not decentralized, but very centralized. VCAOs, if you will, pun intended) Yeah, I get it, token gambling is crypto's big usecase, but it doesn't have to be. Building the best possible protocol to attract the most users might not be such a bad idea for the long term
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a1z2 💫 pfp
a1z2 💫
@a1z2
Totally agree with this take. How are you thinking about the "A" in DAOs, though, given the recent energy around agents and hyperstitioning around automating governance and coordination? If you grant that this world is possible, is there a benefit for an organization to be onchain? Let's put aside your point about token-weighted voting, which I agree is far from ideal.
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