I’m transfixed with the idea of bringing African social savings group models onchain and scaling them to the developed world 

Social savings groups (chamas In Kenya, stokvels here in ZA, many other names)

I’m transfixed with the idea of bringing African social savings group models onchain and scaling them to the developed world 

Social savings groups (chamas In Kenya, stokvels here in ZA, many other names) 

https://www.google.com/url?q=https://nasasa.co.za/about-stokvels/&sa=U&ved=2ahUKEwiWyI_j-ZWIAxXlWkEAHWOdGagQFnoECBUQAQ&usg=AOvVaw1aW5Sr6Xz-EUeXKbZOQ9rP

Husband, dada, devil’s advocate in crypto. Previously @rainbow

Devotional polytheist living a monastic lifestyle centered on curiosity, simplicity, and joy.  Exploring the intersection of technology and spirituality.

Yeah mini DAOs / meta DAOs / DAO federations / micro DAOs

I keep trying to once or @john to build this on Party when he gets bored with trying to get Bushwick people to think outside the box

I think this really works well when paired with pre existing social networks IRL, like your local community, family friends and neighbors, but there also no reason why these tribes can’t become digital. When the world is overrun by bots, webs of trust will make themselves much more explicit in the software

I joined a trading DAO on party that operates on a similar idea.  Everyone pools their funds, votes on what to invest in, splits the rewards according to shares.

Similar could be done where everyone contributes, and then at the end of the month, contract executes and the total is sent to whoever is next on the list and the cycle starts again.  Of course, that depends on people continuing to make their contributions.