Daniel Ospina

@danielo

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Already enabled that at https://meetwithwallet.xyz

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There's a better way. And my bet is that it can really take off with Swarms and Venture Studios, in a way that enables most founders to build great companies AND also enables a tenacious few to increase their chances of building a Unicorn by leveraging ecosystem capabilities. Curious? join our discord to learn more rndao.io

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Yet, that's the wrong answer for most investors. If these founders want to raise, they need to lie or make a choice they dislike! Most investors out there only fund billion dollar opportunities. Most of their bets will fail. Only a lucky few founders will make it really big to carry the weight of the whole portfolio. For most startups, VC funding is statistically speaking a suicidal bet. Most would prefer something else. We've been psy-oped into believing this is the only way a fund can get ROI. But that's just not true! there are examples like the Calm Company Fund and Tiny who have proven this. I believe we've seen peak VC. Too much capital was allocated to moonshot bets, and we have left a whole generation of founders with very limited choices, leading to a lot of frustration and ultimately poor ROI for investors too. Trying to fit a square peg in a round hole has never been a good strategy.

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Startup fundraising is broken. When you ask most entrepreneurs what they want, you'll get something like "build a great company", "make good money", "make the world better" and "have the freedom to work on what I like". I ask them, would a $100 million company make you happy? The answer is often yes. If I ask them, would you trade that for a significantly smaller chance of it becoming a $10bn company? the answer is most frequently no. For most entrepreneurs, a 100mn company is already a great company, freedom, positive impact, and great money. Taking additional risk and making extra compromises to get a chance to go to 10bn is just not appealing for most. It's not about talent or ambition, I'm talking here about talented founders, many of whom go to create solid companies.

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Have you already seen the Gitcoin round for grants? @rndao and many other great projects are participating! https://explorer.gitcoin.co/#/round/42161/385

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Vitalik Buterin

The main challenge with crypto regulation (esp in the US) has always been this phenomenon where if you do something useless, or something where you're asking people to give you money in exchange for vague references to potential returns at best, you are free and clear, but if you try to give your customers a clear story of where returns come from, and promises about what rights they have, then you're screwed because you're "a security". The incentive gradient that this "anarcho-tyranny" creates ends up worse for the space than either plain anarchy _or_ plain tyranny. I would much rather see us move to the opposite situation, where issuing a token _without_ giving a clear long-term story for why it will maintain or increase in economic value is the riskier thing, and if you _do_ give such a long-term story and follow basic best practices then you're safe. Actually getting to this will require good-faith engagement, both from regulators and from industry.

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Bringing a few years of DAO governance and a decade + of organisation design to zkSync :)

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Join @rndao and @lino for an insightful talk on creating inclusive environments for neurodivergent DAO contributors. To address: - Demystifying ADHD - Misconceptions of ADHD - The appeal of DAOs - Personal insights June 6th https://lu.ma/eqg1sn03

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Oh man that's lovely in practice but then you have to change everyone's model. Massive headache Might be worth it, but having been inventing new models for years, I often suffer from not going with a traditional (even if dysfunctional) model. Originality needs to be strategic 🙃

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the more reason to think through a lense of governance of self-directed agents as opposed to governance of machines

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DAO folks and coordination nerds, which channels should I check out? Where do you hangout? I want to leave twitter

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What's a good way to add a DAO/company account here?

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Had our kick-off for the @RnDAO fellowship today. Over the next 3 months I'll be working with some @ftwdao frens and researching a topic dear to my heart, with the kind support of RnDAO CoLab and Arbitrum. Research focus: how to go about building the best on-chain game for community-led capital allocation.

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Swarm-DAOs would be - polycentric - open (capital, talent, and to a lesser extent IP and information) - most domains turned into platform capabilities (marketing/brand as a service to units, same for capital deployment, knowledge management, talent funnels, etc) We have a thesis coming out on this...

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I don't separate the two, rather I think Swarm capabilities is what would give DAOs an advantage (potaeto potato) Swarming as the ability to form (autonomous) teams and rapidly aggregate teams to deliver more complex process/offerings. The organisation as a platform for collaboration innovation, Haier style

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Hats Protocol 🧢

It's hattening — the first ever Hats Protocol Demo Day! Join us to check out the future of onchain organizing, presented by a diverse set of orgs using Hats in innovative ways. Demos include:

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I'd say into swarms :) the future is not solopreneurs nor DAOs as we've known them (monolithic, direct or representative democracy)

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Isn't that building a highway for money laundering and war financing?

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