Today, almost all DAOs are dystopically centralized - with a few whales effectively controlling them, decentralization theater aside. This is fine for a business, but unacceptable for communities. So, how can DAOs evolve to be less plutocratic?

Today, almost all DAOs are dystopically centralized - with a few whales effectively controlling them, decentralization theater aside. This is fine for a business, but unacceptable for communities. So, how can DAOs evolve to be less plutocratic?

https://polynya.mirror.xyz/AJ89iCtY_fQ6KG1vBvzgyQhXAeNtNTwhzdLqqR7asA8

is there a specific solution or mechanism you are advocating for?

i think you are accurately identifying the issue — cooperatives, like communes, are difficult to operate at scale

but, what do?

janitor for /zk and some more stuff here linktr.ee/randomishwalk

It's possible to scale up certain types of cooperatives - there are many multi-billion-dollar coops that still retain democratic ownership, with some trade-offs of course

Doing a coop DAO will come with its own set of challenges, but we can start talking about that when they are here

there are pretty (in)famous examples of coops (or coop-like entities) that eventually demutualized and became massive orgs

data collectives, the card networks, etc

US credit unions also an interesting case study (none could compete at scale but do do a good job of serving specific niche demo’s)