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Dreadlord Morwen

@rev-morwen.eth

Reading this, there is one thing that keeps coming to my mind over and over: incentives. You know the old Charlie Munger quote "show me the incentives and I'll show you the outcome". I think this is the primary issue that DAOs, and by extension Ethereum and web3, struggle with. What are the incentives of current DAOs? Why do they exist? What purpose do they serve? What long term projects are they maintaining? If it's protocol maintenance, what apps and tools are built atop the protocol? What do they do? Solving for privacy and governance fatigue is important yes, but by and large, DAOs are a solution without a problem to solve outside of pure financial gain and gambling. Without a clear purpose, DAOs and other decentralized technologies end up in the digital casino. So I think we should be solving for that first: finding a long-term problem to solve. Most of the other stuff will follow suit.
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