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xRev↗︎
@xrev
If it's not clear enough, DAOs are conceptually great but they will never work. I mean they work for some (few) but they aren't DAOs anymore. There's nothing decentralized enough in DAOs. Using smart contracts for voting and even for implementation doesn't make it decentralized. At best it's automation managed by few powerful groups/entities.
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xRev↗︎ pfp
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@xrev
Also, making DAOs to give grants isn't a novelty anymore. DAOs should be much more than that but yet nearly all the focus goes to the treasury.
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