The best framework for coordinating — and making a difference — may not be a choice between the two models, but a blend of both.
  • rcbrk
    2·
    3 years ago

    What’s a DAO? As far as I can tell it’s a kind of organisational model where the rules and governance of that community/organisation are encoded into code running on a blockchain.

    I feel somewhat uncomfortable about a future in which there are rules which literally can not be broken. – Alleviating the human problem of broken trust, by eliminating trust itself.

    • overflowOP
      1·
      3 years ago

      You don’t really eliminate trust you just shift it from humans to code and having rules that can’t be broken gives you assurances that no one can alter the rules the code for the contracts are open source so if you look at it and feel you don’t like them you can always choose not to use it.

    • overflowOP
      1·
      3 years ago

      Things daos can learn from coops:

      1)they can be more focused on social causes not really a flaw of daos but a just a comment on how most daos just exist for memes/speculation atm instead of some great social cause.

      2)on how to effectively give members a feeling ownership by changing from a model of dividends and governance rights to one of transparency into how founders and executives are paid and how partnerships with third parties are made.

      1. to establish shared values

      Things coops can learn from daos:

      1. how to go quickly from the idea to execution phase

      2. new funding models

      3. new ways of giving back to the community

      Coops can be for-profit or non-profit the article was talking about the for-profit ones.