That we straddle a pivotal moment in history being old enough to remember a time before the internet but also native enough to online culture to recognise and appreciate the whole new world of human interaction that the internet is only just beginning to open up. Many of us spent much of our late adolescence and early adulthood socialising online a... See more
Identifying your two or three most important factors can help to answer these questions and increase the speed at which you can identify the tools and incentive mechanisms most likely to help your DAO.
Business has been booming since the pandemic hit. Sales reached an estimated $250 million in 2019, and orders are up 400% this year, but it is not profitable and admits it’s still not making money on a fourth of its centers.
Said differently, if your business is standalone e-commerce selling third-party brands, good luck. You can’t generate enough operating profit to scale beyond getting noticed, counter-attacked, and at best acquired.
By delegating some execution power to key decision makers, the cost of participation drops significantly. Issues that token holders are not interested in, should not require the attention of token holders and can be hidden from their day-to-day. This allows the DAO to make decisions more efficiently without compromising on transparency or openness.... See more
Thanks to new tools and technologies, we are nearing the point at which the costs of carrying out a transaction through the market are getting so low that firms are less necessary.
With ~10,000 active players, the daily volume on our in-game currency AURUM is ~$600k per day. If we scale up to 100,000 players and that ratio holds, the daily volume would be $6m. If we brought the AURUM/USDC and AURUM/MATIC liquidity into the treasury, that would be $21,000 in revenue per day earned from people trading our in-game currency.