Solana

GM 👽

New podcast episode with Prop3t. We talk about wtf is futarchy. Why all the biggest eth companies are talking about it. How Nouns DUNA could have gone differently with it and more.

GM 👽

New podcast episode with Prop3t. We talk about wtf is futarchy. Why all the biggest eth companies are talking about it. How Nouns DUNA could have gone differently with it and more.

https://pods.media/behind-the-screen/revolutionizing-governance-how-futarchy-is-shaking-up-the-crypto-world-with-proph3t-from-metadao

Creating the best legal & regulatory frameworks in the world for digital organizations and digital assets

Michelada connoisseur. Chief Onchain Officer at /area51 since 2022 AD. Focused on digital art, tech & crypto. https://gramajo.carrd.co

This is true. I’ve been advocating for a small POC within Nouns so people can see its benefits. Agreed with you we might be too deep on one side but I’m hopeful of a world where both systems can live next to each other.

Looking forward to us being in the same city, we will need to chat for sure. Hope the drive/move is going well

Going to post your comment here if that’s okay

Helping build @midao. Probably on the water if I’m not thinking about crypto. /eagles /betting /off-grid

This is true. I’ve been advocating for a small POC within Nouns so people can see its benefits. Agreed with you we might be too deep on one side but I’m hopeful of a world where both systems can live next to each other.

Looking forward to us being in the same city, we will need to chat for sure. Hope the drive/move is going well

Going to post your comment here if that’s okay https://www.nouns.camp/topics/futarchy-x-nouns-2117bf88b4cb0186eaa87500a045fc998290e42a

I don’t think a foundation would ever voluntarily switch to a Futarchy. It takes away all the foundations power! And even the DUNA still allows whales to assert control over the entity, so idk if it’s much better.

Proph3t uses a @midao DAO LLC for Meta DAOs entity, which is legally obligated to be managed by Meta DAOs governance smart contract. It’s wildly radical in that it gives all the power to the governance system. 

Part of Futarchy imo, is having a legal entity that supports it. The DUNA probably could be used for it. But imo, Nouns is too centralized to be a true Futarchy. 

Still, it could absolutely implement Butter for better grants management!

Really excited to listen. So cool to see you and other leading the Futarchy charge on the EVM side, keep doing the good work ser 🫡