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DAOs are theoretically very interesting, but the enthusiasm and care from the ones who are "allowed to participate" is overestimated. it's really challenging to get people to even come back anywhere. they likely need a product/service that has achieved PMF to even have a shot thoughts? maybe i just don't know enough
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100% agree, the only reason we've seen large success in eligible voters participating is because they're loosing ETH rewards if they don't. But I think your point more broadly is spot on.
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