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Organization Legos: The State of DAO Tooling
While many responsibilities overlap with those of traditional organisations, the core difference (and value proposition) is that opportunities to contribute are open. Anybody can take the initiative and make proposals to create new working groups or change the way things are run.
Nichanan Kesonpat • Organization Legos: The State of DAO Tooling
Voting tools help individuals voice their opinions, fund initiatives they care about, and empower representatives they trust to execute in a ways align with their views. Crucial to these decisions will be information that is relevant and accessible. Analytics tools and data aggregators play an important role in making DAOs human-readable, surfacing... See more
Nichanan Kesonpat • Organization Legos: The State of DAO Tooling
Decentralisation doesn’t mean leaderless. Rather, more people are empowered to take initiatives towards shared goals: the DAO’s North Star.
Nichanan Kesonpat • Organization Legos: The State of DAO Tooling
1) How to lower the barrier to meaningful contribution: Because contributions to DAOs can come from anywhere, tools that qualify and quantify different types of contributions (e.g. bounties, DAO-specific metrics) can be used to create a shared understanding of priorities of how one can expect to be rewarded for different levels of participation. In... See more
Nichanan Kesonpat • Organization Legos: The State of DAO Tooling
The contributor journey doesn’t end when someone goes from being a lurker on Discord to a working group lead. Web 3.0 allows individuals to port their identity and reputation across applications and communities. As DAO-affiliation is more pluralistic and intertwined than traditional employer-affiliation, DAOs are much stronger vessels for individua... See more
Nichanan Kesonpat • Organization Legos: The State of DAO Tooling
Coordinape is a peer-based compensation tool built on the premise that contributors of a working group themselves know best who has created the most value. Since contribution comes from the edges, knowledge about the value each contributor adds also lies at the edges.
Nichanan Kesonpat • Organization Legos: The State of DAO Tooling
Compared to the Cambrian explosion of “money legos” that has grown DeFi from $7B to $90B in the past year, the ecosystem of “organisation legos” is still in its infancy.
Nichanan Kesonpat • Organization Legos: The State of DAO Tooling
The internet was the enabler of large-scale human coordination. DAO tools — built on web3 — now give us the ability to design and manage incentives to maintain positive-sum relationships between stakeholders, keeping them aligned on shared goals as the product or community grows.
Nichanan Kesonpat • Organization Legos: The State of DAO Tooling
3. How to coordinate decision-making at scale
Nichanan Kesonpat • Organization Legos: The State of DAO Tooling
2. How to maintain operational efficiency as they decentralise