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rafa
@rafa
One of the main design criteria for DAOs is that their governance must lead to divergence in powers. If the design is convergent — for example continuous accumulation of power by specific parties —, eventually this means stagnation and then death.
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wiz
@wiz
that is called communism
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abram
@abram
What are the goals of said DAO in this case? And on what time horizon are you thinking? Theoretically I agree, but I’m having a hard time coming up with examples where this has actually played out. Feels like founder-led publicly traded co’s tell a different story?
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Trigs
@trigs
There are stages different DAOs can go through. The founding stage will likely be a lot of accumulation by the same people. But there has to be a transition point where power diverges and that's the true test of the initial contributors' commitment to decentralization. Most have yet to see this stage.
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