What dysfunctional patterns have you seen in DAOs?
A few prompts:
- back channelling (using too often 1-1 messages to coordinate group efforts)
- rose tainted glasses (never discuss negatives)
- always on (work 24/7)
- fixed planning (continuing with a bad plan just because)
I'm getting pretty tired of seeing bounty boards with reputation/online credentials.
The fact that someone completed a small task proves little. The skills that really matter are teamwork, complex problem solving, empathy, task division, project management, etc.
What does 2023 hold for DAOs?
I'm afraid the DAO dream has partially died. Most people are going towards corporations on-chain.
The less bad examples are more towards representative democracy (capture-fest anyone?).
Silverlining is that governance experimentation continues
We're exploring how to measure community in DAOs
Current thesis:
A community's health doesn't depend on maximising a single type of interaction but rather on creating a generative ecosystem of mutually reinforcing interactions
Dear web3 lawyers and lobbyists,
Making DAOs legally recognized is great but only if we embed principles such as transparency and multi-stakeholder governance. Without these, we're just enabling corporations on chain (and hence plutocracy) to take over
I'm really impressed with the
@arbitrum
DAO. Many smart folks, having in-depth discussions, no dogmatism but practical thinking (without killing innovation), and caring about the collective.
Bullish
Who invests in DAO tooling? Help us tag/list your favourite web3 investors who've been DAO pilled!
We're building an investment network for
@RnDAO__
ventures 🙂
And if you're an investor, feel free to add yourself here and we'll soon reach out for a chat
Running a DAO today is at least 10x easier than 2 years ago. There are patterns, blueprints, services for legal, governance, org design, marketing, etc etc.
We now have a whole range of tools aimed at DAOs for ops, treasury mgmt, voting, compensation...
Imagine 2 years from now!
Many are second-guessing DAOs. Please don't!
DAOs V1 don't need to be second guesses, they're outright unusable for most situations!
But this is not the end of the road. DAOs are not cast in stone, the approach is evolving
DAOs V2 are coming
Part of the reason why DAOs are being explored is a renegotiation of the balance of power between labour and capital, catalysed by engineers being in so high demand
Why did we spend 6 months researching community health instead of just going with usual activity metrics?
Figuring out what indicators are actually indicative of community health took a lot of work! But now we have something exciting for you 😉
We reached out to the author of the Wired article about DAOs to propose a nouanced discussion in one of
@RnDAO__
events.
Unfortunately she wanted to charge us full fees for the privilege and so we won't be moving ahead with that initiative.
I'm disappointed as bringing together
After recent events, we should ask ourselves:
Are all those web3 products, built by companies operating web2 way (VC backed, for profit incorporation, closed teams, governed top-down, etc.) trustworthy?
By design, they're not
5 years ago, employees who'd been laid off en mass would scatter like the wind.
Now we have xgooglers and xtwitter employees self organising in a discord server to provide support for each other and transition.
Now tell me that 2023 is not an exciting year for DAOs!
One for the lexicon on DAOs: Autopoiesis
Refers to a system capable of producing and maintaining itself by creating its own parts.
In some sense, DAOs are autopoietic in that they recreate and evolve themselves
@AdamRFisher
So is the point that because there are plenty of things Spain needs to fix, that we should not criticise Israel?
I'd rather see a principled approach where racism, murder, etc are universally condemned, everywhere.
Through the Arbitrum Co.lab,
@RnDAO__
will be funding a collaboration tech venture with 50k ARB plus a lot of support and advantages as part of the RnDAO alliance.
Those ARB tokens are currently worth over $100,000 USD; just saying...
If you didn't apply already, DM me
Excited to have surpassed 100 applications for the ArbitrumDAO Co.lab fellowships and venture-building program.
Collaboration Tech is certainly a budding and exciting field full of talent, ambitious visions, and drive to make the world better!
@RnDAO__
@ThankArbitrum
When you join a DAO, do your due diligence:
- what's the operating/buisness model
- how is it governed
- who gets paid
Just because something is a DAO doesn't mean it's going to work. Invest your time wisely.
Reviewing contributions for the month of November with
@RnDAO__
and we 🤯
- launched a podcast
- did a demo day
- 40h+ of support to our ventures
- partnered with ArbitrumDAO and ThankArb and launched a whole program
- onboarded 2 new ventures SchoolDAO & Prism
- running out of c
Perhaps the biggest issue in DAOs is people working a very significant amount of hours, week after week, so it seems there's something happening. But not committing enough to truly build something or create change in an organisation.
How do we explain succinctly an initiative that multiple DAOs collaborate on?
I'm getting feedback that cross-DAO is unclear
'DAO2DAO' feels too much like B2B as in one sells to the other
🙃
What are great activities for DAO members to socialize remotely?
Not necessarily structured team buildings, but more like nice things that people can do on the side and bond outside of usual roles and dynamics
An absolutely key piece to make a DAO economy functional are Augmented Bonding Curves (ABCs)
They reduce token price volatility, provide revenue to DAOs, and improve liquidity for contributions to be paid in tokens by boostraping!
Do DAOs matter?
Web3 has become overly self referential, stuck in our own jargon and memes, too far apart to connect outside.
But the cause is bigger than us. The difference we can make is not expanding web3, is changing society.
Join us exploring how
At a random web3 event in Mexico, checking our what's happening here.
I can clearly see why people hate crypto: it's pointless.
Tips like "have charisma so you get more alfa"
How about we separate DAOs form the rest of web3?
I've become paranoid with GPT copy. I can see it everywhere and now I just doubt the person behind every time I see it. It makes me distrust marketing, job applications, etc etc.
Likely, delegation is the path to capture hell for web3.
Luckily, there are alternatives. Citizen assemblies and sortition based models are capture resistant, avoid principle-agent problems, and are efficient attention wise.
There's a perception that DAOs are the cutting edge; "There are no DAO experts" type of thing to express a view that it's all new.
But this not necessarily the case.
Have you founded a DAO tooling project or are you planning to start one?
We're researching the support needs of DAO tooling entrepreneurs and would love to have your input! (2 min survey)
Help us help you :)
polycentrism > decentralisation
It's not about decentralising everything, it's about regenerative practices (caring for the nested systems) and multiple, flexible hierarchies with multiple centers of decision making.
Permisionlessness is perhaps the most challenging of the DAO ideals.
But today, seeing a 23 year old complain of not being able to get a job in web3 despite having the skills, reminds me why it's important to try.
🧵
Great promotional video for remote work.
- social proof: many didn't want to go back
- lifestyle: image of working without pants
Oh wait, they were just mandating people back... Top down. Wow, I'm so bullish on DAOs when I see these dinosaurs 🦕
The parent company of WebMD made an unbelievably bad video telling workers to come back to the office.
Bob Brisco, CEO of Internet Brands, says, "We aren't asking or negotiating at this point."
And somehow that's not even the worst part.
Just went over the proposed COALA law for DAOs and I'm quite concerned. It feels as a largely technology-centered frame with little to say about the dynamics between stakeholders (thus more conducive to savage capitalism on chain) than a reduction of principal-agent problems
#DAOs
have become a popular concept, albeit with divergent and often conflicting definitions. In his
@SCRForum
research summary,
@_Daniel_Ospina
conceptualizes DAOs with a goal of mapping the common paths towards becoming a DAO.
Crypto has had no impact?
Every week we have someone joining our community and sharing how it changed their life. But this is not in Western Europe or the USA
Most DAOs these days are trying to do everything in-house, which is likely to be unsustainable. As the ecosystem matures, we're likely to see many more DAO2DAO outsourcing of capabilities and services.
However, right now, pitching to a DAO is complex!
I'm seeing that so much of the pullback on DAOs to more manager/leader making decisions setups is because people can't actually imagine a different way.
Obviously everyone voting on everything is counterproductive, but there are many other options. The issue is exposure!
One of the biggest vectors of attack in DAOs is the social layer. Enter a community and spread rumours and badmouth people behind their backs, and you'll soon seed distrust. You can even pretend to be doing so for the good of the community.
DAOs have been reinventing the wheel with direct democracy and more recently with representative democracy.
Two predictably bad models.
There are better options though (already with years of successful experiments but less hyped)
Most of the earlier iterations of DAOs felt that working groups and centralized committees were pragmatic (I did too) but unbeknown to them initially, they became cesspits of governance capture
Are you looking to start a
#DAO
tooling project (or have started one recently)?
We’re conducting research on DAO tooling entrepreneurship and would love to speak with you!
Reply with a 🔥emoji and we’ll dm you more info (or dm us)
Each month, we'll share research, insights and tooling for the CollabTech space.
Stay tuned for:
- Weekly articles & videos
- Monthly panels with experts
- Apps and tooling
- RnDAO talks & more!
Have research to share or speakers you're excited about? Drop us a comment!
Interesting problems to solve that the market doesn't reward:
1. Fake reviews
(It's not just sybil but people getting paid to leave a review without ever having used a product)
If anyone is wondering about the negative messages about RnDAO in twitter by an old member:
There have been two competing visions for the DAO for a long time, and there's been arguments across many proposals for a year.
Some learnings and predictions
🧵
Biggest pet peeve at the moment:
Partnerships != Sales
If you want to partner with us, we're creating something together.
If you just want to sell us something, then say "offering a service" or something but don't go "we want to partner in that you give us $ and we a service"
I got banned from chatGPT 😵💫
No idea why. I guess it didn't like me asking about name suggestions for a new product, nor syntax of spreadsheet formulas 😕
As a society we can't afford to have obscure criteria (I can't find what I did wrong) for AI deplataformisation
5/ That’s it for the top 5. When looking at the top 1⃣0⃣, and top 1⃣0⃣0⃣ delegates, a more detailed, fascinating map of influence emerges, and seemingly charts a new⭐️ financial elite⭐️, with influence over 10s of billions USD value in major tokens 🪙
The issue I see with the whole L2s and L3s development is that it assumes everyone wants a chain... And that seems more an artifice of regulation (chaining up to make the token a utility), than something that makes sense for users.
Give me more apps, less chains.
Less
Most organisations create servants: teams that exist solely to serve the purpose of the organisation and as such are eliminated when no longer needed.
But what if an organisation created autonomous entities?
Am I the only one who feels that quadratic funding (quadratically matched funding pools to votes/donations) is just another popularity contest?
How about citizen assemblies led funding?
More context, less marketing? 🤔
To understand why DAOs or otherwise networked organizations haven't emerged earlier, it's key to take into account the political context of the last 60 years
Bottom-up organizing was actively sabotaged as it was (wrongly) seen as synonym with communism
It's taken me way too long to understand this!
I was like, "the amount of funding going into infrastructure vs apps in web3 is crazy, this makes no sense! 💩"
But now, suddenly I get it
Command and control is not the only way humans have been organising.
We have cooperatives, self-managed organisations, teal, Holacracy, viable system model oriented organisations...
There's been experiments in computer-aided decision making for decades...
3 critical pitfalls I often see Web3 ecosystems fall into:
- creating a network of suppliers (e.g. Dev agencies) to advance the vision of the foundation/delegates as opposed to incubating autonomous and self sustaining businesses (top down Vs platform strategy)
- deploying only
When tired and I hear one of these
"A DAO doesn't need to be decentralised. It's ok if a founder/CEO makes the key decisions"
"For me a DAO is an organisation that uses blockchain"
"A DAO is like a company but where people vote"
Sometimes is hard to not knee-jerk react like:
Hopefully I'm wrong and we can keep it a bit together, balancing business logic, pro-social idealism, and tech fundamentals. If we can find that sweet spot for the narrative, we might just transform the world completely
Coordination: I’m building a house here so please don’t start building a factory
Cooperation: you build a house, I build a grocery shop close by
Collaboration: you lay the bricks, I put the cement
Co-creation: together, we imagine the house, lay the bricks and put the cement
We all need to be supported like a bird with a broken wing from time to time. The longer I resist it for fear of being seen as weak, the longer I stay in that energy and end up making it my identity. By allowing myself to drop fully into it and not hide it, I can quickly receive
Tools that use AI to automate voting are likely going to get mass adoption, which is really dangerous as they don't represent better decisions. Instead we end up biased on generic western preferences and limited past behaviour personal data.
Deliberation and sortition is where
Once I understood that digital platforms, DAOs, and Network States are fundamentally the same, I finally understood that the problem is one of public vs private sector investment and (financial) regeneration
Here
@MazzucatoM
's work is 🔥🔥🔥 and a key part of
@RnDAO__
org design
In web2, we can only join organisations as a subordinate. Either above or below in the hierarchy. One is the boss the other not.
Swarms change that. With networks of relationships between peers who don't own each other and yet are more than transactional contractors.
Those working in collaboration technology (governance, ops, community, and contributor tooling) are not collaborating enough. We work in silos and compete too much.
But we can change that!
Come meet others and explore ways to collaborate
Which countries are advancing or at least exploring DAO regulation?
I know the UK's law comision has a dedicated inquiry.
Marshall Islands has recently recognised DAOs
Which others have recently advanced policy or are in the process of doing so?
To all the dear researcher studying DAO governance by looking for empirical evidence of how it works as if it was already a thing, it's too early!
DAOs V1 are dead
Long live DAOs V2!
@attertweet
@divine_economy
This is it.
We're still figuring out how DAOs work. We just had a huge spree of experiments that failed and scams that succeeded (in scamming), and that's what everyone's tired of.
DAO's will return to the spotlight when we get some successful new examples for ppl to see.
We're looking for a UX designer to join
@together_crew
Responsibilities include all round Design / UX:
- wireframes
- prototyping & user testing
- ideate new features and solutions
- they'll also occasionally be asked to support on user research, and the odd infographic/deck
Any delegate model will suffer from principal-agent problems. Getting incentive alignment and the economies of attention right is basically impossible (mitigation a very hard game).
Meanwhile, citizen assemblies bypass the problem entirely
A goal of good management should be to design a reward system for those who take risks in making decisions in such a manner that the rewards to the individual correlate positively with the worth of the decision to the organization
- Shubik 1962
Thesis: centralisation
Antithesis: decentralisation
Synthesis: polycentrism
*For humane systems (technosocial systems). For purely technical systems 🤷 (not my area)
- the old-school DAO maxis: everything on chain! No leaders! Everything permissionless! No legal wrapper! etc.
They'll continue with radical experiments that are often unpractical but occasionally inspiring.
Are DAOs on the decline or on the verge of exploding?
Below I have prompts by chatGPT, I'm curious what you agree and disagree with, and especially, what's missing?