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Starting a second Web3 thread focused on DAOs here. Will go much slower since experiments are much more complex. My first thread is here.
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Gonna make a thread of my ongoing slow journey (emigration? perhaps…) to Web3, along with my covered wagon full of Web1 and Web2 stuff. Including NFTs, DAOs etc. So if those topics annoy you, you can mute this thread.
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First big idea for me is that everybody immediately overindexes in the “decentralized” in the acronym. It’s the “autonomous” that’s key. In fact decentralization may end up being a very tunable knob.
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DAOs are more doomsday devices than weird communes. Automated, unstoppable (or hugely expensive to stop, eg forking) commitment ratchets on the blockchain once they get going. Nuclear deterrence theory is more relevant than anarchism theory.
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Okay first DAO experiment underway. I claimed the handle vgr on and completed KYC (drivers license, proof of residence via bank statement, and interestingly, a “liveness” test using my computer camera).
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