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

?

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

It is indeed optimistic and naive!  New technologies sometimes feel like the only place where this mindset is “allowed” anymore 😉 

Let’s look at it another way: rules and incentives.  Arbitration exists because there is disagreement on the rules.  Appeals exist if there are disagreements on the rules governing the rules.  Rules on top of rules on top of rules.  Rules that must be documented and enforced.

What if the highest ideal of a DAO is to create incentives that don’t require rules?  What if instead of a private org, a DAO is more like a garden?

Food for thought.  I feel no pressure to make DAOs “work”.  I feel curiosity to understand what they could be and what they could enable.

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.