daopedia
@daopedia
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Wikipedia for DAOs, starting with spaces & threads. Want to contribute? DM us!
Joined December 2021
Missed our Twitter Spaces? 🎙 Announcing DAOs Unknown✨, the daopedia podcast. For this season, it will be an archive of our past Twitter Spaces so you can revisit our convos with DAO leaders, contributors and enthusiasts 😎
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But this won't work as a traditional company: - It's a nightmare if you need to "onboard" someone just so they can fix one small thing on the map - You likely won't be able to pay people upfront meaningfully either, because the value doesn't materialize until a tipping point.
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Imagine OpenStreetMap as a DAO. Members can contribute a little or a lot. There can be millions of contributors, and they are rewarded for their input. With that many people, it's not impossible for OSM to become the best mapping service out there. And that's hugely valuable.
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3. Gig Economy Finally, there are times when logistics is just so hard to do at scale. Imagine Uber without computing technologies. How would they manage their millions of drivers manually? It wouldn't work. Work can get even more "fragmented," and DAOs can help.
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2. Guilds Many industries are high risk, high return. It thus makes sense for individuals to come together and hedge the risk. There aren't many DAOs doing this yet, but it's common practice for pro poker players to "exchange shares" between each other so they "win regardless."
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This is not new. Oglivy has always been buying smaller studios. They are much more reputable than the smaller players, so the purchases made sense for both parties — Oglivy can better monetize the asset, so they can offer a price attractive to the small guys.
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1. Service DAOs It's often helpful for creatives to pool their reputation together to form a better known, more trusted entity. The sum is greater than the parts. The best example is @VectorDAO — a group of talented designers who formed a "design agency as a DAO".
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Why should DAOs exist? There are at least 3 reasons, each mapping to a category of DAOs. 1. Pooling resources (usually branding) together — service DAOs 2. Pooling risk together to reduce it — guilds 3. Back office automation — gig economy Let's take a look at each.
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A common reason for DAOs to fail is that they attract people who want to get airdrops, do nothing (or only vote) and wish to make a profit. It's important for DAOs to know their ideal member profile. To do so, they should understand why they are a DAO in the first place. A 🧵
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NFT NYC is happening next week already?? Have you RSVPed to all the DAO gatherings yet?? ✨ https://t.co/fexa5R9BGN
Starting a thread on DAO events at @NFT_NYC 2022 Comment with DAO events so we can find our people👇🤝
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Spend your Summer Solstice luxuriating w/us & @creatorcabins ! Grab our NFT to join in. We can't wait to meet you. 🍷Copious wines + elaborate snacks by Ediciones 🌍Web3 Thought Leaders 🌸Cello + Flower Crowns RSVP Here https://t.co/fxYYHI7Mmf
#NFTNYC
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The best of web3 is yet to be. And we need more people to think creative, weird, experimental things to get closer to that place✨ Get playful and dream with @withBackdrop's new ~LFExperiment~ 🧪 Prompt: "wouldn't it be cool if...."
Calling all web3 experimentoooooors🧪🧪 Together with @Rehashweb3, we are assembling a short term community focused on inspiring the next 1M experiments in web3, and you're invited. So grab your frens, get your idea caps on, and LFExperiment💡
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@Sothebys @ConstitutionDAO @Sotheby @juiceboxETH @gnosisSafe @KrauseHouseDAO @LinksDAO @BlockbusterDAO @TheSpiceDAO @The_PeopleDAO @PandaDAO_Office 18/ @daopedia is building Wikipedia for DAOs, starting with spaces & threads. Follow @daopedia and @dteohyl for more stories on DAOs 🌎 Which DAO would you like us to feature next?
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@Sothebys @ConstitutionDAO @Sotheby @juiceboxETH @gnosisSafe @KrauseHouseDAO @LinksDAO @BlockbusterDAO @TheSpiceDAO @The_PeopleDAO @PandaDAO_Office 17/ BONUS: A journalist’s account of what happened on Auction Day of the Constitution. https://t.co/VM1soJuEP7
newyorker.com
Thousands of Ethereum enthusiasts raised forty million dollars to bid on a first printing of the U.S. Constitution and sent a group to Sotheby’s for the auction. Could they outgun a cryptocurrency-...
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@Sothebys @ConstitutionDAO @Sotheby @juiceboxETH @gnosisSafe @KrauseHouseDAO @LinksDAO @BlockbusterDAO @TheSpiceDAO @The_PeopleDAO @PandaDAO_Office 16/ Despite winding down, @ConstitutionDAO’s Twitter is still active with highly informative (and entertaining) sh*tposts about Web3 that can only be the work of a good humored intern. Follow them for some internet age founding-father wisdom and glimpses into parallel universes.
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@Sothebys @ConstitutionDAO @Sotheby @juiceboxETH @gnosisSafe @KrauseHouseDAO @LinksDAO @BlockbusterDAO @TheSpiceDAO @The_PeopleDAO @PandaDAO_Office 15/ @ConstitutionDAO was one of the largest events in Web3, sparking an enduring movement of DAO-based acquisition. They helped thousands enter this new digital frontier & future successes will build off their past work. For that, they earned their place in DAO history🗽
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@Sothebys @ConstitutionDAO @Sotheby @juiceboxETH @gnosisSafe @KrauseHouseDAO @LinksDAO @BlockbusterDAO @TheSpiceDAO 14/ Some have built on top of where the team left off like @The_PeopleDAO & @PandaDAO_Office, utilizing $PEOPLE for governance and investments in new projects. The original team is not involved in nor endorse these new-wave efforts, but are content to see what others may do.
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@Sothebys @ConstitutionDAO @Sotheby @juiceboxETH @gnosisSafe @KrauseHouseDAO @LinksDAO @BlockbusterDAO @TheSpiceDAO 13/ The team has since discontinued the DAO, having concluded what they considered to be a “beautiful experiment in a single-purpose DAO”. But their spirit lives on.
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@Sothebys @ConstitutionDAO @Sotheby @juiceboxETH @gnosisSafe @KrauseHouseDAO @LinksDAO @BlockbusterDAO @TheSpiceDAO 12/ So what happened to all the $ and people involved? Donors were refunded via the $PEOPLE token that could be exchanged for ETH via Juicebox or held to commemorate their participation. True to their founding principles, people were free to do what they wished with the token.
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