The members of Congress followed suit. And Biden’s second-largest donor. We’re witnessing a bloodless war. Politicians are giving up power. File size: 877.11 KB Format File [1 Report (HTML)]
TrendsVC PRO 0054 – Decentralized Autonomous Organizations (DAOs)
Predictions
User-Owner-operated networks will soon be the norm. Facebook’s public shares have 1/10th the voting power of private shares. DAO ownership will be applicable to equity and governance.
Politicians will destroy the old system from within. They are involved in the new system and are incentivized through lobbyists. The mayor of Miami serves as a canary within the gold mine. Then came the members of Congress. And Biden’s second-largest donor. We’re witnessing a bloodless war. Politicians are giving up power.
Negative externalities cannot be stopped. Carbon credits can be enforced by governments on factories. How do you stop a network that is decentralized from mining Bitcoins?
Opportunities
You can be both a participant and a principal in your network. If you use Uniswap for governance tokens, you can own them.
Launch a XaaS based on DAOs. Seed Club offers social-tokens-As-A-service. Cooper Turley is a social token administrator. You can guide others along the frontier.
You can work for a DAO. Lewis Freiberg’s highest-ever salary as an ESD community manager earned $180,000
Key Lessons
Locks that are less-In shifts power from principals towards participants
Switching costs for currencies, social networks, and countries will be lower.
Transparency combats corruption Smart contracts help us get from “Don’t Be Evil” To “Can’t Be Evil.”
DAOs can be used to circumvent censorship-resistant. There will not be any unilateral ban on GameStop shares, TikTok downloading or trading with other countries.
Course Features
- Lecture 0
- Quiz 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 56
- Assessments Yes
