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From YouTube: What's Possible with DAOs
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A
B
C
C
C
C
So
this
kind
of
sparked
excitement
around
this
idea
and
dennis
then
created
a
crowdfund
on
mirror
to
raise
25
ether
to
to
build
a
dow
to
actually
like
build
a
real.
You
know
professional
productized
version
of
this.
This
same
thing
and
so
25e
ended
up
getting
raised
very
quickly
from
maybe
50
or
so
contributors
who
then
joined
a
disc.
You
know
token
gated,
discord
together
and
started
organizing
to
build
that
product
and
that
that's
that's
kind
of
the
origin
story.
C
The
really
cool
thing
about
that
for
me
has
been
that
the
people
who've
ended
up
in
this
group
are
actually
amazing
builders.
So
there's
people
like
you,
know,
khalil
the
designer
from
unispot
like
the
designer
of
uni-swap,
and
you
know,
senior
solidity
engineers
from
companies
like
cello
and
dharma
and
xerox.
Then
you've
got
like
amazing,
pms
and
writers
in
there
as
well.
So
it's
been
really
cool
to
see
like
a
group
of
talent
that
you
could
probably
never
recruit
to.
C
One
startup
is
now
working
together
on
something
and
that
like
definitely
makes
my
ears
perk
up
and
be
like.
Oh,
that's,
that's
kind
of
like
a
cool
competitive
advantage
around
talent
or
something-
and
you
know
over
the
past
few
weeks
that
group
has
elected
a
smaller
team
of
about
seven
people
to
design
write.
Smart
contracts
build
a
front
end
for
this
product,
which
is
you
know
now
about
halfway
through
development,
so
yeah.
I
think
I
think
that's
the
origin
story.
C
That's
what's
happening
and
to
me
you
know
in
the
announcement,
like
blog
post,
for
this
thing
I
kind
of
framed
this
as
like.
It's
really
cool
because
it's
a
dao
that
builds
products-
and
I
think
you
know-
hopefully
when
kendra's
here
we
start
talking
about
dallas.
More
generally,
I
think
it's
a
very
loaded
term,
so
it's
cool
like
kind
of
break
downs
down
into
different.
You
know
taxonomy
of
different
use
cases,
and
I
kind
of
bucket
this
in
this
kind
of
unique
spot
right
now,
it's
a
dow
that
builds
products.
A
That's
awesome.
This
represents
some
of
the
parts
of
why
I'm
so
excited
about
crypto
and,
like
the
really
amazing
things
happening
in
the
space
like
this
is
so
cool.
Hopefully
we
have
kendra
back
well.
I
had
a
question
about
membership,
so
is
membership
open
to
anyone
to
be
able
to
join
the
style
like
do
you
have
an
application
process
like?
How
do
you
think
about
the
dichotomy
of
like
dows
being
super
open
to
anybody,
but
also
making
sure
you're
filtering
for
high
quality
members
yeah.
C
Definitely
well
right
now
you
know
the
the
initial
membership
was
basically
based
on
who
contributed
to
the
crowd
fund.
That
was
how
tokens
were
initially
allocated
and
since
then
you
know
it's
a
discord
server
with
a
collab
land
bot.
You
know
gating
it
by
10
tokens.
So
the
only
way
to
join
the
dow
right
now
is.
If
a
member
sends
you
tokens
and
that's
happened
quite
a
bit.
C
You
know
members
have
sent
tokens
to
friends
or
people
that
they
wanted
to
work
on
this
project
and
yeah
some
of
the
people
working
on
it
now
we're
just
like
invited
via
sending
tokens,
but
that's
the
only
way
in
right
now.
It's
like,
I
guess
you
could
say,
that's
like
membership
referral
or
something
now
technically,
it's
not
something.
That's
totally
under
the
control
of
the
doubt
like.
C
A
C
C
So
people
are
talking
about
the
same
term,
but
assuming
different
definitions,
and
that's
like
not
really
a
very
useful
way
to
talk
about
something,
and
so
I
think
diaz
are
in
that
camp.
Right
now,
which
is
one
thing
to
be
cool
here,
is
talk
about
like
different
types
of
dials
like
some
dials
or
smart
contracts,
and
that's
all
it
is
some.
C
A
discord
server
with
members
and
it's
like
very
much
socially
coordinated.
Some
dials
are
like
governance
tokens
like
uniswap's
token,
where
there
are
on-chain
governance
mechanisms
that
also
really
rely
on
social
coordination
as
well
like
these.
All
these
are
all
things.
People
call
dolls,
the
tweet,
the
tweet
that
you're
mentioning
was,
I
think
you
know
the
biggest
fault
of
that
kind
of
phenomenon
is
when
you
start
talking
about
like.
C
C
But
if
you
just
like
start
a
dow
and
then
and
then
you're
like
cool,
we
started
a
dow
and
then
you
kind
of
try
to
kind
of
figure
out
what
what
it's
going
to
do.
I
think
you
can
you
get
to
get
like
really
messy
coordination,
because
there's
like
no
initial,
you
know
incentive
alignment
or
anything
from
the
beginning.
So
I
was
just
tweeting
about
that.
Basically,
yeah.
A
B
D
A
D
Art
space,
non-profit
space
trying
to
basically
come
around
and
fund
different
audiences
or
different
missions
that
don't
necessarily
see
a
lot
of
coordination
and
capital
allocation
is
an
easy
manner.
So
I
think
a
lot
of
the
doubts
in
that
space
in
particular
have
stood
out
to
me
and
I
think
we're
kind
of
at
the
tipping
point.
C
Definitely
yeah,
I
think,
to
to
me.
Dolls
are
just
like
as
the
umbrella
term,
I
feel
like
the
commonality
is
like
it's.
It's
new
ways
of
organizing
people
to
you
know,
coordinate
around
any
given
like
goal
or
purpose,
and
I
personally
like
think
that
the
party
dial
thing
is
interesting.
Like
a
group
of
people
building
a
product,
I
think
you
know
the
pleaser
dal
stuff
is
pretty
cool
too.
That's
like
kind
of
a
group
of
people,
that's
bidding
on
art
auctions,
but
typically
in
support
of
philanthropy.
C
C
And
then
you
know
the
the
dow
term
is
like
originating
from
decentralized
autonomous
organization,
and
I
think
originally
the
idea
was
that
that
was
a.
It
was
a
smart
contract
with
like
rules
on
chain
and
like
public
functions,
that
anyone
could
call
and
to
that
degree
something
that
I
recently
thought
was
like
a
cool
dow
was
this
thing
called
the
freaker
fortress
which
you
know
there
was
this
nft
game
called
ether
freakers.
I
think
it
was
just
a
hackathon
project,
but
you
know
there
was
this
game
where
you
could
like
fight
nfts
against
each
other.
C
Basically,
you
know
they
had
attack
and
defense
attributes,
but
someone
built
a
smart
contract.
My
friend
wilson
actually
built
a
smart
contract
on
top
of
that
game
that
let
anyone
send
their
character
into
the
same
contract,
and
then
members
of
that
group
could
vote
to
collectively
attack
and
win
the
game
by
attacking
with
like
the
collective
power
of
all
of
their
characters
in
the
game,
and
I
think
that's
I
just
throw
it
out
there
as
another
like
interesting
dow,
because
there's
no
discord,
there's
no
telegram.
A
A
C
Yeah
I
mean
I,
I
think
the
stuff
kendrill
mentioned
a
minute
ago
around
like
non-profits
and
artists.
Stuff
is
really
cool,
like
I
think,
maybe
like
the
mint
fund
was,
is
like
a
cool
example
of
like
pulling
together
money
for
like
gas
costs
for
artists,
and
then
I
actually
don't
know
all
the
details
of
the
mint
fund
other
than
you
know
when
it
was
first
announced.
I
found
it
really
interesting,
but
yeah
I
think
it's
always
hard
to
it.
Can
it
can
always
get
tricky?
C
You
know
it
can
always
get
tricky
to
answer
questions
about
dolls
because
they
can
get
so
so
broad.
It's
like
you
know,
I'm
trying
to
think
of
like
what's
specifically
unlocked
here
and
I
feel
like
a
lot
of
it.
Lately
is
around
like
pooling
capital
and
directing
it
towards
some
like
common
goal,
but
I
guess
I
I
could
really
imagine
dials
like
kind
of
doing
anything,
because
it's
just
like
a
group
of
people
coordinating
around
something.
So
it's
hard
to
like
limit
limit.
What
I
can
think
of
there.
A
Yeah
I
mean
it'll
touch
upon
everything
I
feel
like
one
area,
I'm
I'm
actually
excited
by
is
just
the
idea
of
building
up
reputation
in
these
dials
and
actually
have
that
reputation
like
poured
over
to
different
dials,
like
hey,
I've
really
built
up
and
shown
my
work
in
this
dow
and
then
like
that
can
maybe
carry
over.
So
I'm
hoping
somebody
works
more
on
the
reputation
side
of
things
and
then
so
kendra.
You
recently
co-authored
a
piece
with
cooper
on
the
rise
of
microeconomies.
A
D
A
Nice-
and
I
also
had
another
thing
that
you
wrote
about
that
I
thought
was
interesting
to
talk
about.
Was
you
had
asked
what
makes
something
a
dow
and
not
just
an
online
community?
So
is
it
just
the
idea
of
just
adding
in
financial
incentives
or
is
there
something
more
to
that
would
be
curious
to
hear
from
both
of
you?
What
are
the
differences
between
dows
and
online
communities?
Yeah.
C
C
What
are
the
interesting
behaviors
that
that
are
making
like
this
dow
term
rise
to
like
such
a
level
of
popular
popularity
and
then
can
we
like
break
those
down
and
definitely
like
what
kendra's
saying
is,
is
exactly
that
which
is
like
yeah,
like
there's
groups
of
people
who
are
not
like
formally
employed
by
or,
like
you
know,
involved
in.
Like
some,
you
know
a
legally
identified
organization,
but
they're.
They
have
collective
control
over
some
kind
of
resources,
but
to
me
that
that's
also
something
really
interesting
about
what's
happening
happening
with
communities.
C
Some
some
friends
of
mine
wrote
an
essay
a
couple
years
ago
called
headless
brands,
and
it's
about
this
idea
that,
like
particularly
in
web3
protocols,
there's
no
head
of
of
a
brand
there's,
no
singular
voice,
pushing
out
like
the
bitcoin
brand,
for
example,
or
the
ethereum
brand.
Everyone
can
kind
of
like
co-opt
it
and
talk
about
it
or
like
use
the
logo.
However,
they
want,
and
that
was
already
happening
kind
of
before
crypto
because
of
the
internet,
like
you
know,
the
internet
made
it.
So
anyone
could
broadcast
to
you
know
infinite
scale.
C
A
Yeah
yeah,
I
feel,
like
I
mean
I'm
curious,
to
hear
both
of
your
thoughts
on
I
mean
regarding
coordinating
these
groups
of
people
as
these
dows
become
larger
and
larger.
How
do
you
actually
have
governance
at
scale?
How
do
you
make
sure
people
feel
like
they
have
a
voice
and
that
they're
active
in
the
community
just
because
there's
a
lot
of
noise
would
be
curious
to
hear
if
you
have
any
opinions
there.
D
Work
within
government-
and
I
imagine
that
reputation
will
play
an
even
larger
role
in
how
governance
evolves.
Just
you
know,
as
on-chain
gratification
becomes
four
things
I
just
don't
know
if
dao's
are
going
to
be
as
flat
as
they
are
today,
where
you
know,
it'll
always
be
open
access,
but
you'll
kind
of
know
that
there's
potentially
different
reputation,
levels
that
contribute
differently
or
you
know,
roles
that
are
assigned
and
organized
within
like
this
collective.
So
I
think
that's
kind
of
how
I
see
the
future
evolving
spot.
C
On
yeah,
I
think
that's
a
great
distinction
between
open
access
versus
flat
structure,
which
don't
necessarily
need
to
be
the
same
thing
I
think,
even
even
like
biology
had
a
cool
post
a
while
ago
about
like
network
unions
and
the
idea
of
like
well,
I
guess
one
solution.
This
is
like
voting
delegation
right
of
the
idea
of
like
not,
everyone
is
going
to
be
super
engaged
and
not.
C
Everyone
is
going
to
be
an
expert
on
like
big
decisions
that
are
happening
and
so
being
able
to
forward
your
own
voting
power
to
a
delegate
and
have
kind
of
voting
power
kind
of
pass
through
a
whole
network
and
end
up.
You
know
a
little
bit
more
concentrated
about
them.
Hopefully
around
the
most
active
you
know,
qualified
people
is
one
way
to
kind
of
break
out
of
just
like
a
completely
flat
hierarchy,
and
then
I
think
yeah.
I
guess
like
another.
C
Another
thing
that's
tricky
about,
like
just
groups
of
people
who
are
like
democratically
voting
around
action,
is
what
what
level
of
granularity
do
you
vote
on
right,
like
if
you
know
we're,
building
a
product
and
party
doubt
right
so
like
if
we
were
voting
on
like
what
color
blue.
Should
the
button
be
okay,
cool
like
what
typeface
should
we
use?
It
would
take
years
to
build
the
product,
and
so
I
think
you
know
an
obvious
decision
is
like
dude.
C
Have
democratic
decision
making
happen
for
like
broad
strokes
of
action,
wherein
you
then
appoint
a
smaller
group
or
even
a
centralized
individual
to
coordinate
much
more
dynamically
for
a
constrained
period
of
time?
And
then
let
it
go
back
to
people
to
kind
of
assess.
Do
we
want
to
do
that
again?
This
is
what
happened
with
you
know
on
a
much
larger
scale.
Actually,
the
uniswap
grants
program
was
just
like
hey:
let's
approve
a
budget
of
a
couple
million
dollars
to
run
a
grants
program
and
let's
just
appoint
these
six
people
to
run
it.
C
But
after
two
quarters
we
will
assess
if
we
even
want
to
continue
that
and-
and
you
could
even
you
know,
democratically
elect
those
people
or
whatever.
But
I
think
this
is
yeah,
maybe
something
to
decide
like
up
front
with
a
dao
or
a
community
or
like
whatever
you're
doing,
if
you're
bringing
people
together
to
do.
Something
is
like
early
on
try
to
decide
like
what.
What
level
does
it
make
sense
to
to
vote
on
things
and
what
level
should
we
just
like,
appoint
people
to
run
with
stuff
for,
like
constrained
periods
of
time,.
A
Yeah,
I
think
those
are
really
great
points
regarding
delegation.
I
really
liked
how
git
coin
approached
it
with
their
token
distribution.
That
just
happened
where
there
was
100
delegation
to
start
so
like
even
before
claiming
your
airdrop
had
to
delegate
to
someone.
So
I
really
liked
that
just
moving
things
forward
from
the
from
the
start
so
awesome.
Well,
I
want
to
leave
time
for
audience
q
a
so
I
think
kartik
is
moderating
that
piece
kartik
are
you
gonna
be
joining.
E
I
carted
I'm
I'm
taking
over
for
currently
from
the
global
team.
Yeah
I
mean
we
can
definitely
go
on
for
questions
if
you
have
more
to
add,
feel
free
to
go.
We
still
have
about
like
10
15
minutes
to
go
on
max
over
things.
Let
me
just
try
to
see
if
there's
any
questions
from
the
chat,
while
I'm
looking
into
that,
you
can
go
for
another
one.
C
I
can,
I
can
add
one
thing
just
onto
the.
I
actually
wrote
this
down
before
the
talk,
because,
because
I
wanted
to
say
this
about,
you
know
this
idea
around
like
how
do
you
get
active
engagement
and
make
sure
that
you
know
a
dao
or
a
group?
A
group
of
people
is,
like
you
know,
staying
it's
staying
high
participation.
C
Is
this
working?
Is
it
moving
fast
enough?
Are
people
engaged
do
they
feel
like
they
have
a
voice
in
the
system,
though
I
feel
like
they're
people
need
to
like
maybe
my
big
takeaway,
like
easiest
takeaway
from
this,
would
be
like
set
a
discord,
bot
reminder
that
says
like
discuss
governance
process
and
ask
how
it's
going
would
be
the
biggest
thing,
because,
even
even
though
we're
on
like
a
panel
here,
I
don't
think
anyone
really
has
like
the
perfect
answer
for
this
stuff.
C
A
Yeah,
no
that's
great
advice
and
I
think
also
there's
constant
improvement
by
different
projects
as
they
launch
their
dows
and
how
they're
going
about
it
like
ribbon.
Also,
they
launched
their
tokens
and
it's
non-transferable
to
start
and
like
there's
all
kinds
of
different
experiments.
So
it's
I
think
it's
a
great
idea
to
like
pull
from
different
projects
and
how
and
watch
how
their
experiment
has
gone
and
kind
of
iterate
in
your
own
dao.
So
I
think
that's
fantastic
advice.
E
D
Comes
in
and
there's
a
bad
actor
or
you
know
these
like
cartel
is
trying
to
form.
I
I
do
think
as
thou
get
larger
and
more
open,
it's
more
difficult
to
coordinate
it's
that
type
of
an
attack.
So,
let's
just
say
it's
like
a
smaller
one
and
there's
you
know
50
people
or
something
that's
definitely
more
doable
than
like
thousands
of
people
who
have
some
of
the
new,
but
I
think
we'll
we'll
probably
need
to
institute
some
checks.
C
Yeah,
I
think
that
makes
sense
yeah.
I
I
I
guess
the
big
lesson
like
I
guess,
if
you're
truly
fully
decentralized
like
you
can't
like
the
tyranny
of
the
majority,
is
kind
of
like
what
what
will
rule
and
that
would
be
something
like
bitcoin,
where,
like
you,
can't
decide,
who
or
or
ethereum
like
any
any
like
l1
currency
would
just
be
like.
You
can't
decide
who
gets
it
if
they
can
buy
it
and
like
you,
can't
decide
what
they
do
with
it.
But
you
know
so
so.
C
I'm
sure
this
already
happens
with
subreddits
actually
like
someone
was
telling
me
today
about
like
the
the
fire
subreddit,
which
is
like
like
an
early
retirement.
It's
like
financial
man,
it's
embarrassing
that
I
don't
know
the
acronym,
but
something
something
retire.
Early.
It's
like
a
community.
That's
focused
on
building.
You
know
productive
financial
plans
for
getting
rich
and
retiring,
but
like
there's
now
our
slash
fat
fire,
which
is
like
they
basically
forked
the
community
because
they
were
frustrated
at
how
like
nitpicky
responses
in
the
other.
C
Were
I
wouldn't
be
surprised
if
we
saw
this
for
something
like
a
dao
or
something
like
a
brand
community
or
something
in
the
future?
And
I'm
personally
like
excited
to
see
what
what
would
happen
there
when
something
had
originated
from
like
a
central
authority.
But
then
you
know
someone
like
usurped
that
or
forked
a
social
group.
A
Yeah,
I
think
that's
going
to
happen
a
lot
just
because
the
the
barriers
to
entry
to
join
a
dow
or
even
started
out
are
so
low
and
everything's,
so
transparent
and
unchained,
and
you
really
kind
of
have
to
make
sure
you're
treating
your
members
well
or
people
are
having
a
good
experience.
Otherwise,
there's
like
always
going
to
be
maybe
another
dow
that
they
can
join,
and
so
it
kind
of
reminds
me
of
like
sovereign
individual,
where
it's
like
countries
are
competing.
B
Two
questions
we'll
try
to
see
if
we
can
do
both
in
the
time
allocated,
if
not
we'll
we'll
figure
out
a
nice
transition,
but
maybe
the
first
one
is
as
kind
of
all
three
of
you.
You've
been
part
of
a
bunch
of
dials
and
you've
participated
in
governance
or
proposals,
or
just
even
some
creative
use
cases
of
these
dials.
C
C
I
do
think
that
multisig
wallet
software
could
get
a
lot
better.
Ability
to
bundle
transactions
would
be
really
helpful.
Different
consensus
mechanisms
that
aren't
just
m
of
n
signatures
would
be
better
because
a
lot
of
the
time
signers
can
be
busy,
and
so
you
can
it
can
just
it
can
take
like
a
week
to
like
push
funds
out
to
something
that
actually
like
is
urgent
and
even
even
really
established.
You
know.
C
Programs
within
d5
right
now
are
like
struggling
with
that,
even
when
there's
millions
of
dollars
on
the
line
like
it
can
take
four
days
to
try
to
do
something
you
needed
to
do
in
12
hours,
so
I
would
just
say
like
consent,
maybe
just
consensus
mechanisms
around
multi-sig
wallets
would
be
the
top
thing,
but
I
think
the
biggest
stuff.
With
with
dalles,
I
mean
with
the
doubt
the
one
dow
that
I'm
in
or
the
one
thing
that
calls
itself
a
doubt
that
I'm
in
is,
is
more
social
problems
than
software
problems.
D
Would
agree
on
the
social
piece,
I'm
a
little
bit
of
a
boomer
discord
is
not
my
not
my
favorite.
I
mean
I
love
it,
but
I
also
kind
of
hate
just
like
the
constant
discord,
chatter,
and
so
I
always
love
a
governance
tool
that
did
like
a
better
job
of
integrating
like
how
we
talk
about
a
topic.
That's
not
discord.
Yeah.
A
Yeah,
I
was
going
to
say
the
same
thing
because
it
was
like
I'm
in
several
dows
and
they
all
use
different
forums
and
ways
of
communicating,
and
so
I'm
just
like
constantly
switching
back
and
forth
between
all
of
these
and
just
getting
like
so
many
random
messages.
And
it's
really
hard
for
me
to
to
keep
up
and
manage
that
so
some
way
of
of
like
social
organization
and
being
able
to
track.
That
would
be
super
helpful.