Austin Castellaw

Defensibility in web2 comes from proprietary data network effects. Each application is a walled garden, and a bigger user base translates into more utility vs. competitors.  The social network with most data, content, users, etc. is more valuable.

Obligated/Friendly Votes are mostly happening in big DAOs. In this case members will give to others just because they personally like them or because another member has a “higher role’ so they feel obligated to give them something. it may also happen because you naturally have more visibility over what your friends are doing.

-The commitment track is committing to prioritize the DAO over a certain time frame and then based on your experience you receive a base salary.

But setting up Tokenomics is not a small task for creators, specifically for those new to the crypto world. How many tokens should a creator allocate to contributors? How much of the supply should be reserved for the community’s treasury? What will be the total initial supply? Many questions come to mind, and it's not always easy to have the... See more

-Aligned incentives have a big role in the success of DAOs along with giving people power over their work or having a piece of ownership. It can also serve as a personal expression about what you care about.

Isn’t it weird how the tables have turned? Now, let’s look at a Web3 version of this.

-A high value of yearn is having people take initiative and not having gated processes. An example of this is multiple private yearn telegram groups, but the problem is information was not trickling to the wider community