Alphatu

The incompleteness of contracts explains why we need to decentralize governance through token ownership.

The problem with “tokens at a discount” is that it is not always well received by communities. Many token holders question what value a VC investor will bring. Right now, the Sushi community is actively questioning if a discount is “worth it” in their forums and Discord.

DAOs – decentralized autonomous organizations – are an essential tool in achieving the self-empowering benefits of web3, including more equitable ownership among stakeholders, reduced censorship and greater diversity.

When I look at present-day neumorphism I see it as a modern-day inheritor of the Mannerism of Venturi and Scott-Brown. Like them, it seems digital designers working today have felt their expression limited by the fixed rules of Flat Design and so have begun to test its limits. Fleshing out those sheets of glass into 3D surfaces, pulling elements... See more

This Essay explores the nature of DAOs and highlights several areas where states and regulators can adapt existing legal regimes to potentially accommodate DAOs. Part II provides an overview of DAOs and their perceived benefits and includes a taxonomy of DAOs to help understand the different variations currently emerging in the blockchain... See more

Nevertheless, DAOs are not without their challenges. The ideal design of DAOs is still being explored, exposing challenging governance questions which may ultimately stymie their growth and development. DAOs are not formally recognized and do not fit neatly into existing forms of business associations, making it difficult for DAOs to interact with... See more

Global relational contracts could be a way to overcome the limitations of incomplete contracts.