In this episode of the Unstoppable Podcast, our CEO Matthew is here to talk all about DAOs.
Matthew explains what the first-ever DAO was and why it was created. We discuss the question, “What do DAOs have to offer?” Are they just glorified Facebook groups? Can DAOs ever replace traditional organizations and corporations, and what benefits do they bring?
We talk about what we could achieve with DAOs that traditional organizations haven’t managed, and dive into how voting works within DAOs. Matthew shares his thoughts about whether truly decentralized DAOs can ever really work.
We also discuss how DAOs can challenge traditional employment models, how DAOs could work alongside traditional organizations in the future, and how people can spread the word and build awareness and support for DAOs as a concept.
⏳ TIMESTAMPS:
0:00 Intro
1:13 The history of DAOs
3:47 Are DAOs a legitimate replacement for traditional corporations?
6:35 What will we be able to achieve with DAOs in the future?
8:18 How does voting work?
11:18 Do organizations need executives to succeed?
17:19 How do we structure the voting for the members of a DAO?
21:07 How should participation and contribution be structured within a DAO?
25:59 How will DAOs and traditional organizations interact in the future?
29:26 Can DAOs help onboard the masses into crypto?
33:06 Matt's favorite DAO
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