

Chris B
3.6K posts

@theNFThinker
@OpenMatter_ | @getbcard | https://t.co/RdkxKCwP7T | building privacy and sanctuary tech














I’m interested by how different this feels internally/emotionally to see friends on here instead of viral posts. It’s much closer to a moment of recognition, like seeing a friend on a street, vs before it was a feeling of seeing a billboard



"I actually feel like we've hit close to DAO bottom. We've seen all of the failings so viscerally now, the next era of it can start to emerge" Nick Almond, Head of Governance at Jito Foundation, on why the DAO 1.0 era is ending and what comes next "Any DAOs left standing that have projects or founders related to them that don't want them, they'll all go the same way. Any remaining uncaptured DAOs will get captured unless the teams and projects behind them are really committed. So we're kind of seeing the end of the DAO 1.0 era. I hope we end up back in an era of experimentation around governance practices and mechanisms" "As we move more into economic governance and start getting to value accrual tokens, you're not going to be able to do value accrual work out of a centralized company. It's going to be DAOs that end up doing the onchain buybacks, value accrual mechanisms, dividend-like distribution structures where protocol revenues are shared via tokens. All of that has to be done by a decentralized entity" "I don't want to make a bottom call on DAOs, but I've been watching this stuff for a long time and I'm starting to see it. We've seen all of the failings so viscerally now, the next era can start to emerge. We're seeing projects like MetaDAO innovating on this, and I hope we see new DAO patterns and contracts that actually innovate on decentralized governance"