@hamzaameen
Every DAO founder does this without even realizing it , and it's quietly wrecking their project.
You raise money β you sell tokens β those tokens control your DAO forever. Congrats, you just traded your power for cash and called it "decentralization."
In this clip, @alexsotodigital calls it exactly what it is: you're trading capital for power. And he says DAOs need to stop treating that as normal , funding a project shouldn't automatically mean handing over control of it.
If your DAO's governance token is also your fundraising token, this 45 seconds will make you rethink everything.
π§ Full convo w/ @thethriller on @JustDAOItPod π
https://youtu.be/80V5F7lbPsQ?si=D3BPegGEiG8p3KDk
@poidhbot