spending a rainy saturday drinking coffee and thinking about how to fix DAOs

need to fix the incentives. it starts with allowing there to be ownership and a reputable process for arbitration

Elevating onchain creators 

@nodefoundation @brightmoments 
@ampsfun

I kind of feel like as soon as you need arbitration you’ve done something wrong

Startup artist seeking inspiration.  Champion of /bcard

i think it’s overly optimistic and naive tbh

i understand what you’re saying, but you’re just describing a different type of arbitration a la forks

people will disagree any time there is value involved, even if it’s internet money

Thinking of a DAO as a company is where we differ.  I think we still don’t know what DAOs really are/what they are good for.  Thinking of them as private enterprises gives them a bunch of pre-set baggage im not sure I buy into.

If you think of a DAO as a self-governing entity, then a well-functioning DAO wouldn’t need arbitration, because its mechanisms would be set up to self-regulate.  Put another way: arbitration is a feature for individuals, but DAOs are symbiotic collectives.

Of course I don’t have a great example of this…nor am I sure that a DAO is a self-governing entity.  Just trying to explain my POV which I will admit is non-standard.

?

disputes are one of the first things that happen when there is any amount of success in a shared venture 

you obviously need to be optimistic and plan for the best, but i don’t know a single example of a highly successful company that hasn’t had some kind of major lawsuit 

even in the best of cases, this process is incredibly messy. especially if the dao doesn’t have a physical jurisdiction