Governance
Unobvious perspectives and projects addressing how crypto / the Internet change the systems & structures for decision-making & control.
sari and
Governance
DAOs & Token-based Governance is a fantasy.
Stop emphasizing token-based voting; start focusing on assigning executive power. Even countries and big corporations fail to ensure wide participation by their "token holders" - instead they maintain strong executive bodies
Thread 👇
profile_phototwitter.comBalaji Srinivasan: How to Fix Government, Twitter, Science, and the FDA | Lex Fridman Podcast #331
youtube.com
Hate to be a party poopoooor but...
So much 101 startup knowledge seems to be forgotten in the race to just launch tokens in crypto these days.
I think the space has *not* become useful enough that decentralized governance should be a priority.
Lil thread 👇
hagaetc.ethtwitter.com
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
Erik Torenbergtwitter.com