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I would agree that a DAO wouldn't change your user experience the slightest. What interest me is that they sit on the intersection of crowd-financing, communit
by jsemrau 4y ago
I would agree that a DAO wouldn't change your user experience the slightest.
What interest me is that they sit on the intersection of crowd-financing, community building, and incentivized collaboration (i.e., users could earn money by participating on platforms and get actively involved by providing work and/or liquidity).
There was an initial hype in 2018 around DAOs but that felt a lot like a communist pipe dream. The current iteration is potentially changing corporate finance. So for me it's worthwhile to look into it.
The problem that I see is that for a venture builder crowd financing sucks. In addition to building your business you still need to find a group of people that give you money. So theoretically, for DAOs the incentives are clearer aligned. And in case of non-custodial staking crowd-funding models like ISPOs there is no transfer of funds hence, the investment risk is reduced to a market risk and an opportunity cost portion.