polynya pfp
polynya
@polynya
The reason why "DAOs" require traditional governance is because blockchains can only do strict global consensus The assumption is you need a token to organise said governance, but this is not true. Indeed, some DAOs would be much better off following the worker cooperative or consumer cooperative model, rather than the public company model, with democratic voting and vetos for checks and balances (instead of being controlled by few whales, as it is for almost all crypto projects now - not just not decentralized, but very centralized. VCAOs, if you will, pun intended) Yeah, I get it, token gambling is crypto's big usecase, but it doesn't have to be. Building the best possible protocol to attract the most users might not be such a bad idea for the long term
11 replies
14 recasts
378 reactions

albi is /nervous pfp
albi is /nervous
@albiverse
/microsub tip: 2478 $DEGEN note: now that allowances have stabilized, we've returned to our normal 3-day tipping rotation. happy Halloween, degens! 🎃
1 reply
0 recast
0 reaction

Josh | The Blockchain Socialist pfp
Josh | The Blockchain Socialist
@tbsocialist
Lots of content on my podcast about this!
1 reply
0 recast
5 reactions

Mycaleum pfp
Mycaleum
@mycaleum
I like you.
0 reply
0 recast
1 reaction

francis🎩 pfp
francis🎩
@greenfarmer
You could say an ideal governance solution lies somewhere in between token governance and worker/consumer coop models. 500 $degen
0 reply
0 recast
1 reaction

a1z2 💫 pfp
a1z2 💫
@a1z2
Totally agree with this take. How are you thinking about the "A" in DAOs, though, given the recent energy around agents and hyperstitioning around automating governance and coordination? If you grant that this world is possible, is there a benefit for an organization to be onchain? Let's put aside your point about token-weighted voting, which I agree is far from ideal.
0 reply
0 recast
1 reaction

behkod.base.eth pfp
behkod.base.eth
@behkod.eth
voting based on contributions maybe the first line of thought one can follow. for example devs' # of commits resolving an issue or shipping a feature, content creators' useful posts, ...
0 reply
0 recast
1 reaction

Le Filmopathe 🎭🎩 pfp
Le Filmopathe 🎭🎩
@filmo
Unweighted voting should solve the whale problem.
1 reply
0 recast
1 reaction

Frexy pfp
Frexy
@frexy
Would need some way of verifying identity for a one member one vote structure.
0 reply
0 recast
0 reaction

parseb pfp
parseb
@parseb.eth
prefigurative or bust where we are is entirely the "success story" of progressive decentralization
0 reply
0 recast
0 reaction

latarek pfp
latarek
@latarek.eth
The problem is that on blockchain you can create unlimited amount of accounts. So that's the reason DAOs are taking to consider only amount of tokens you have. But yeah maybe there is a way to create better Dao.
0 reply
0 recast
0 reaction

Payment Bot pfp
Payment Bot
@paybot
@polynya, you just received 3 DEGEN from @shenbikabg!
0 reply
0 recast
0 reaction

Wasabi 🥥🌴 pfp
Wasabi 🥥🌴
@wasabi
TLDR: there are no silver bullets and trying to control a highly diverse global distributed organization with a token that is freely available to “buy” at will, seems like not the ideal solution for most cases.
1 reply
0 recast
0 reaction