Austin Castellaw

-DAO tooling is all about making it easier for humans to collaborate online. Human Resources traditionally exists to have tough conversations with employees. Zach is hoping this gets decentralized and we can create tools where we aren't looking for arbiters.

In web3, the situation is different.  New marketplaces can aggregate all existing NFTs. New social networks can surface all on-chain activities regardless of whether users ever signed up. How can a moat develop?  A potential answer is tokens.

-Most atomize compensation by role and piece work. Perhaps a third way where something like core contributors have a base role and then are rewarded for extra work. Compensation can be hard to pin down for roles like business development or strategy.

-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.

So what IS SourceCred?

Algorithmic — The value and supply of algorithmic stablecoins are controlled by code. If the demand for the coin starts to increase rapidly, the protocol automatically creates more coins to bring the price down. If the value drops too low, some of the supply is burned to bring the price back up.