DAOs are laboratories for governance. And they’re the ultimate playground for coordination games.
Once we solve governance and coordination, the true power of the Internet will be unlocked.
Exclusivity is a Double-Edged Sword – there are diminishing returns to growing an exclusive community.
The Social Token Paradox by @gaby_goldberg got me thinking about how socials tokens based on exclusivity might get trapped in a cycle of growth and diminishing social value.
For products to work at scale they need sustainable business models and networks. Would love to see more discourse in web3 about the complex financial incentives conflicts that we’re going to see if the movement goes beyond DeFi/trading-related use cases. A few examples👇