
Dmitry
@dmitrydv
141 Following
29 Followers
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
42 recasts
140 reactions
0 reply
1 recast
5 reactions
115 replies
208 recasts
928 reactions
23 replies
127 recasts
504 reactions
33 replies
101 recasts
499 reactions
150 replies
267 recasts
1582 reactions
103 replies
28 recasts
178 reactions
0 reply
1 recast
19 reactions
3 replies
10 recasts
52 reactions
0 reply
0 recast
1 reaction
0 reply
3 recasts
1 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
1 reaction
42 replies
625 recasts
2468 reactions
0 reply
0 recast
3 reactions
106 replies
49 recasts
318 reactions
255 replies
867 recasts
3999 reactions
177 replies
768 recasts
2770 reactions
24 replies
409 recasts
1681 reactions
0 reply
5 recasts
0 reaction