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Nick Smith pfp
Nick Smith
@iamnick.eth
as part of the @fwb Friends With Builders cohort I've been vibecoding a toy-like DAO game for the past month the idea: as we march onwards towards superintelligence I believe that the next 5+ years will create a lot of disillusioned workforce refugees who will flock to online communities seeking purpose and a sense of belonging
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Nick Smith pfp
Nick Smith
@iamnick.eth
DAOs are an extremely powerful tool for helping groups of people on the internet pool funds and coordinate around a shared goal, but in their current form they are flawed
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Nick Smith pfp
Nick Smith
@iamnick.eth
complex governance structures introduce friction and lead to internal power struggles and voter apathy. token based voting often results in those who have the most capital having outsized influence and many DAOs don't provide a clear path for members to contribute in a meaningful way
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