ted (not lasso) pfp
ted (not lasso)
@ted
curious what other DAOers are thinking or feeling given the recent shut down of DAOs that are "default dead" (eg DAO Masters, Meta Gamma Delta). thought provoking thread: twitter.com/JuliaLipton/status/1683535162808717312 cc @ccarella.eth @noun40 @nounishprof @nonlinear.eth @bli.eth @grin
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Jonny Mack pfp
Jonny Mack
@nonlinear.eth
¯\_(ツ)_/¯
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Brian Li 🍊👾 pfp
Brian Li 🍊👾
@bli.eth
Wow this was pretty solid. I kind of agree that probably about 75% of the first wave of DAOs are dead or dying. A lot of people joined for novelty, financialization acted as a disincentive during bear markets, and most DAOs haven’t figured out community.
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Nounish Prof ⌐◧-◧🎩 pfp
Nounish Prof ⌐◧-◧🎩
@nounishprof
Oh so many thoughts especially watching the current struggles in Nouns. I think DAOs as an org type are super early and I agree with @ccarella.eth that we shouldn’t be surprised so many fail. I obviously think the Nouns model is better, but not without a ton of issues as well. We need to experiment more. And…
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grin pfp
grin
@grin
Whether you call it a dao or an org, market logic and human psychology still applies. No specific thoughts on DAO masters. Cool that she’s self awake and that she wrote up a postmortem
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Dan Romero pfp
Dan Romero
@dwr.eth
My two cents is more DAOs need concrete goals and measurement of progress against said goals.
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Greg pfp
Greg
@greg
If a small group of people can “shut down a DAO” was it ever really a DAO?
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Colin Johnson 💭 pfp
Colin Johnson 💭
@cojo.eth
@survey thoughts on state of DAOs
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jamesyoung.eth pfp
jamesyoung.eth
@jamesyoung
what were the “Key Performance Vibes” (onchain metrics)? did current leadership decide to just throw in the towel? was this decided by vote? was there an opportunity for others to step up and take the helm? DAOs should scale leadership
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Jord pfp
Jord
@jord
Explicitly stating that its over is a net benefit to the community and core members. This allows people to narrow their focus on DAOs that are viable, instead context-switching between DAOs that never had a chance. Strange that we expected DAOs to never die. How can things evolve without a fitness function?
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Rohit Malekar pfp
Rohit Malekar
@rohitmalekar.eth
Prudent to look beyond the hard dichotomy of centralization versus decentralization, choose an org design for the goals at hand, and evolve with scale. Open Collective and Gitcoin are treading well. (Image from: https://gov.gitcoin.co/t/gitcoindao-starting-conditions-are-different-than-other-daos/10603)
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Ivan P pfp
Ivan P
@dayofniagra
The term DAO is flawed and suggests an abstract ideal rather than anything in practice. But what destroyed some of the DAOs was member growth. I think exclusivity that cannot simply be purchased is essential. Interesting case is pocket DAO -where you first participate in the ecosystem and then given a membership.
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Varun Kumar pfp
Varun Kumar
@vkcs
My humble opinion - we need nation like patriotism in daos https://twitter.com/csvarun26396/status/1684406686440882179?t=Me17YCFejif2CfeJmUW6Eg&s=19
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nintynick.eth pfp
nintynick.eth
@nintynick.eth
IMHO a major problem in many DAOs’ give/get has to do with - lack of autonomy to do great work (repels top performers) - lack of efficiency fails to achieve large outcomes, so the pie is small, and any % of a small pie is a small get
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