Kiran
@neuroswish
it's clear that the nouns model is one of the most elegant mechanisms for DAO formation. & it's easy to imagine a future w/ many more successful forks. but i'm curious to hear people's thoughts - what are the strongest arguments for how this model *fails*?
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Kiran
@neuroswish
i.e why *won't* every DAO eventually be a nouns fork? or what are the specific circumstances where this model unravels? just a thought experiment :) I genuinely just want to hear different perspectives ⌐◨-◨ (reposted from twitter), curious to hear FC thoughts!
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Salvino Armati ↑
@salvino
biggest personal concern for nouns: committees trend toward middle-of-curve thinking and have historically been bad at funding exceptional projects
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Nick Tomaino🎩
@nick
DAOs still aren’t great at making decisions. Bad projects get funded, frivolous spending, etc. If you get enough regular engagement from great people (which Nouns may have) it works but great people still mostly want to primarily work on their own thing
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Matthew
@matthew
More of a critique on DAOs in general, but the problem of self-censorship becomes much worse IMO. Since votes are public, people won't vote against things they actually disagree with due to fear of public shaming.
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Shawn
@nftshawn
Once membership gets to an order of magnitude larger than Dunbar’s number (150), culture & drive may not scale unless it is founder led similar to a startup. If average auction price deteriorates may also see who is a mercenary vs missionary. See WizardsDAO.
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