facebookA short intro on DAO (Decentralised Autonomous Organisations) Should Seedly aspire to be a DAO? More explanation below! - Seedly

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Kenneth Lou

Co-founder at Seedly

19 Nov 2021

Cryptocurrency

A short intro on DAO (Decentralised Autonomous Organisations) Should Seedly aspire to be a DAO? More explanation below!

Excerpt below from BANKLESS, a DAO I follow quite closely.

The Decentralized Autonomous Organization is the greatest governance and coordination experiment to gain real community traction in centuries.

We have—and are currently building—trustless, permissionless structures that allow anyone in the world to join an organization they believe in, put forth their talents, and earn money to do it. When I say anyone, I mean that in the strongest sense of the word: DAOs are agnostic to age, gender, race, ethnic background, economic status, nationality, residence, and any other demographic identifier that might prevent someone from working and earning money for something they believe in.

In the Web3 environment where anonymity is welcomed and encouraged, nothing about your background can be used to prevent you from jumping in, getting to work, and earning money.

This is a big f---ing deal.

We absolutely cannot take this lightly. We have a real opportunity here: to find the human coordination solutions we (the all-of-mankind “we”) have been seeking ever since humans first started walking upright. These solutions aren’t just elegantly built atop code—they’re our first real shot at a universally equitable work environment.

An equitable work environment is where anyone can work for what they want to achieve because everyone has the same tools to do so.

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Jesper

24 Nov 2021

Writer at CoinPasar

I largely agree with the conversation here about DAOs shaking up the potential for the future of work, especially in terms of diversity and geography.

But realistically, the only DAOs that have enjoyed longevity seem to be DeFi-related ones like MakerDAO and the more recent OlympusDAO, while groups like ConstitutionDAO are created for short-term goals.

Hopefully, the idea of long-lasting decentralised organisations can expand into other areas like social causes, real estate, or even infocomms.

Upvoting this as it is a very great topic to learn and think about as Web3 and metaverses take shape & converge with web2 & legacy world in the next 10-50 years.

I also recommend this deep dive on DAOs. The generalist puts out solid research for free (& each article is contributed by multiple people).

https://www.readthegeneralist.com/briefing/dao

BTW, on twitter sphere I've just witnessed a DAO get formed and around 40m+ raised just to buy a copy of the US constitution. Money can get raised from anybody from anywhere.

https://techcrunch.com/2021/11/18/constitutiond...

Seedly DAO? 😮

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Kenneth Lou

19 Nov 2021

Co-founder at Seedly

An equitable work environment is where anyone can work for what they want to achieve because everyon...

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