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A DAO is much more like a cooperative. The complexity comes from the value distribution and vote models. That said, you don't need crypto for that, just well m
by sirsinsalot 4y ago
A DAO is much more like a cooperative. The complexity comes from the value distribution and vote models.
That said, you don't need crypto for that, just well made processes.
- isodev 4y agoIt's really a shame that an entire category of software and organizational practices have been smeared because of "the crypto phenomenon".
- theptip 4y agoWelcome to the trough of disillusionment. It will pass.
- halostatue 4y ago"Smart contracts" are a defining feature of DAOs. "Smart contracts" are not something that are offered outside of cryptocurrency / blockchain platforms. No one has found a viable use for blockchains that cannot be better solved in other means except as massive vehicles for scams. Any organization that tries to implement a DAO / smart contract system for governance is asking for trouble, because they’re legally unsound and untested. As far as organizational structures are concerned, there are plenty of viable structures and legal sorts of entities that can be used. (Gitea Ltd might be able to fix a lot of the goodwill issues by switching to a B corp structure or even to a legal cooperative structure.)
- halostatue 4y agoThen just make a cooperative organization. There are legal means for doing so in most jurisdictions. There’s absolutely no need to use a term that makes no sense without cryptoscams and hackable "smart" contracts.