3 ms·
Yes because the entire Ethereum community moved on and continued innovating and improving and there are now dozens of open source governance structures for DAOs
by chrisco255 5y ago
Yes because the entire Ethereum community moved on and continued innovating and improving and there are now dozens of open source governance structures for DAOs in place that have been battle tested and are running multi-billion dollar treasuries now:
https://gnosis-safe.io/ https://gnosis-safe.io/
https://www.metacartel.org/ https://www.metacartel.org/
https://compound.finance/governance https://compound.finance/governance
https://daohaus.club/ https://daohaus.club/
https://snapshot.org/#/gitcoindao.eth https://snapshot.org/#/gitcoindao.eth
We are very good at learning from our mistakes.
- Bombthecat 5y agoBecause mistakes are very expensive!
- littlestymaar 5y agoThe only thing that's battle tested is resistance of the hype to catastrophic failures. In 2021, losing tens of millions in crypto assets because of a bug or a hack is considered normal an bothers no-one: in the last 3 months only, a billion dollar was lost or stolen (Poly network, Compound, Cream finance and smaller others), but “this is fine”.