VelourSpectra
@velourspectra
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
1 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
1 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
1 reply
79 recasts
127 reactions
8 replies
82 recasts
222 reactions
1 reply
44 recasts
67 reactions
6 replies
7 recasts
43 reactions
26 replies
92 recasts
267 reactions
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
7 replies
2 recasts
282 reactions
5 replies
66 recasts
239 reactions
11 replies
40 recasts
147 reactions
23 replies
51 recasts
668 reactions