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I think we're eventually going to see more DAO's focused on purely FOSS where their members can pool some resources and autocompound their treasury in a decentr

I think we're eventually going to see more DAO's focused on purely FOSS where their members can pool some resources and autocompound their treasury in a decentralized overcollateralized lending protocol to fund core operations and free ourselves from some of these centralized foundations desires.

diskzero 5y ago
That sounds pretty darn cool. Are there any per-cursors or early examples of this today?
- cinquemb 5y ago
  Of DAO's funding/incubating projects? shinedao does (though mostly revenue generating focus for now, although those projects can have r&d components, haven't seen pure foss dao's but i dont know everything going on in the space), probably others. Of decentralized lending protocols? aave, compound, benqi, etc.
  - diskzero 5y ago
    I was wondering about pure foss dao's or even closed ones. Anything to do with software, a service or even hardware.
    - cinquemb 5y ago
      Ahh, yeah don't know any outside of those that make specific defi protocols that are at least GPLv3. I'm deff interested in being apart of something like it in the future with shinedao (maybe being incubated by them in the future, anyone is free to join and put forth an initiative to the community to gauge interest though, for this or any other project), I just don't know of many people are the same and can actually contribute via code and also in the defi ecosystem (there are a few software devs and even hardware engineers in the community, but many more who aren't), but I think it will be a natural progression from all the GPLv3 stuff being put out there related to web3.