Are DAOs really worth the fuss?

  • Are DAOs really worth the fuss?

    Posted by Nicole on July 3, 2023 at 6:30 am

    Many regenerative projects see DAOs as a great alternative structure for both decision-making and ownership tied to blockchain interactions, but they also require a lot of bureaucratic work and are not generally useful for smaller organizations. What is your opinion?

    Deleted User replied 10 months, 2 weeks ago 2 Members · 3 Replies
  • 3 Replies
  • Nicole

    July 3, 2023 at 6:31 am

    An article from Hypha, which is an org that sets up DAOs for other orgs. This highlights “10 ways that DAOs differ from traditional organizations”.

    • Deleted User

      July 8, 2023 at 8:53 am

      Imo, DAOs don’t work for everyone/every type of being.

      It’s just another way to organize, record, share rewards, compensate etc.

      Village tribes also have their own hierarchies or value-system(s), jungle natives have their shamans, etc.

      I personally find it somewhat inefficient if there’s too many people involved, can be long-winded (like me, when I’m on a roll??? )… It’s like a dilution of power & expertise if not correctly setup.

      A startup would have a different co-ordination to another startup &/or mere community outings based on leisure, recreation, interest. So the DAO rules would be setup differently.

      Imo the people who make too much of a big deal about them have (internally felt, might be conscious or not) issues with ‘power balance’… Hence a need to try & experiment with different configurations.

      Someone(s) would need to start the DAO. Then it would need maintenance & momentum… Just like with anything else. It just depends who values what & rewards based on the criteria that suits the (initial/future) DAO members.

      How’s this different from being a startup co/founder & product-market fit? Idk. 😆🤷

  • Deleted User

    July 8, 2023 at 9:11 am

    Also a strongly felt opinon (that no-one asked for but it just obtusely came to mind as ‘somewhat relevant to the topic of DAOs’):

    There’s no such thing as ‘flat hierarchy’. Stfu 🤣🤣🤣🤣🤌A hierarchy is a hierarchy of power, value, skill, survival priorities etc.

    An organization can have more direct & open lines of communication but WTF is a ‘flat hierarchy’!?!???????!!!! 🤣🤣🤣🤷😆🍅🍅🍅

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