Governance

Often significant governance power is distributed to early DAO contributors But what happens when those contributors leave or reduce involvement? A short 🧵

If you're building a DAO, you need to design rules that protect your organization from death by a million suggestions. It's way easier to throw out ideas than to shoot them down, but your DAO needs a clear goal and focus is crucial. The bar for suggesting an idea should be high.

Web3 aims to expand ownership re: A) economic upside &B) governance. IMO: A is underrated—Giving upside to >1000x more stakeholders can disrupt the network effects of aggregators B is overrated—There'll be some positives, but we'll experience the downsides of unclear leadership