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 👇
The goal shouldn’t be to recreate offline governance, online, after a period of trial-and-error. Internet-native organizations can’t and shouldn’t operate like geographic governments because they don’t face the same constraints. Once online governance models evolve past a certain point, they should be both different from and superior to offline... See more
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