Any Casters actively involved in DAO governance, I’d value your $.02 on this passage from “Why Nations Fail.”

How do you see rules upheld in a decentralized system?

Building something new. 🟪 Host: /venturecapital /adventures /theitinerant

Disagree with this passage —very scarcity mindset. However what I do see happen is that if there is a leadership void in a DAO, something will fill it. But decentralized leadership does work. It just takes more effort.

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder |

https://www.gmfarcaster.com/ 

Do you have an good case study to learn from?

Mostly basing on my experience in the nouns ecosystem.

I see leadership in DAOs happen in one of two ways: 1) accumulation of governance power (tokens) 2) taking on leadership roles in the community or within projects for the DAO. (Including founders)￼ Sometimes this is informal, and people fall into it as their influence grows.

For example— if I look at Nouns and who has influence within that DAO and its direction it tends to be 1) those who own or are delegated a significant number of tokens (10+) 2) the nounders￼ 3) those w/high profile projects funded by the DAO 4) those willing to share their opinion openly & widely.

I’m honestly super curious if you don’t mind expanding on how leadership manifests in a decentralised setting and maybe what gives you faith it will continue this way or what is the steady state