spending a rainy saturday drinking coffee and thinking about how to fix DAOs

need to fix the incentives. it starts with allowing there to be ownership and a reputable process for arbitration

Elevating onchain creators @brightmoments @ampsfun @nodefoundation

Operator turned investor. Work in TradFi. Exploring the future of social investing @crossroads.  🟪

if people are gonna use DAOs as a replacement to corporations there needs to be away to resolve disputes

Startup artist seeking inspiration.  Champion of /bcard

?

disputes are one of the first things that happen when there is any amount of success in a shared venture 

you obviously need to be optimistic and plan for the best, but i don’t know a single example of a highly successful company that hasn’t had some kind of major lawsuit 

even in the best of cases, this process is incredibly messy. especially if the dao doesn’t have a physical jurisdiction

I kind of feel like as soon as you need arbitration you’ve done something wrong

yep, incentives are so broken

feels similar to school boards where it’s like “why are these people in charge of the schools”