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We think that is a multifaceted problem, and many DAOs fail because their foundational principles are weak. For years, the ecosystem tried to build fully trustless orgs, but that model is set to fail, as it only fits a tiny subset of use cases (like Protocol DAOs). Most of the orgs rely on trust, leadership, and doocracy to function.
That said, there’s still plenty of room for experimentation. We believe Farcaster has the potential to become a strong home for DAOs (and communities) by solving many recurring DAO challenges with things that are already built: enabling governance directly within the feed, supporting reputation systems and identity layers, offering notifications, and making discussion frictionless. 1 reply
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