Anyone interested in exploring new ways to organize DAOs will find my latest whitepaper, A Playbook for Using Impact DAOs to Change the World, intriguing. Abstract: DAOs provide new capabilities for coordination, yet current approaches to governing DAOs are limiting the ability to do so effectively. This paper offers an alternative approach to governing DAOs intended to address gaps in majority-voting governance approaches. It describes the approach in 3 levels of detail, explains important d...

Anyone interested in exploring new ways to organize DAOs will find my latest whitepaper, A Playbook for Using Impact DAOs to Change the World, intriguing. Abstract: DAOs provide new capabilities for coordination, yet current approaches to governing DAOs are limiting the ability to do so effectively. This paper offers an alternative approach to governing DAOs intended to address gaps in majority-voting governance approaches. It describes the approach in 3 levels of detail, explains important d...

The series:Governance of a DAO – Benefits, Resource Costs, and RisksDecision making in a DAO – Choice and ExecutionGrowth in a DAO – Scaling vs ReproductionPurpose in a DAO – Vision and RoleAction in a DAO – Missions and GoalsDecision process in a DAO – Consensus, Meritocracy, and DemocracyThis series of posts is heavily based on a series of messages I originally posted in the Orca Protocol Discord server between 2021-11-06 and 2021-11-09, with modifications to improve clarity and reflect (ho...

The series:Governance of a DAO – Benefits, Resource Costs, and RisksDecision making in a DAO – Choice and ExecutionGrowth in a DAO – Scaling vs ReproductionPurpose in a DAO – Vision and RoleAction in a DAO – Missions and GoalsDecision process in a DAO – Consensus, Meritocracy, and DemocracyThis series of posts is heavily based on a series of messages I originally posted in the Orca Protocol Discord server between 2021-11-06 and 2021-11-09, with modifications to improve clarity and reflect (ho...

A useful way to talk about governance of DAOs is to focus on value and how a DAO maximizes it. This is value in the broad sense of something people care about. Money is one way to measure value, but it is not the only way. Many approaches to governance miss this, which causes a lot of issues. In traditional organizations (tradorgs), governance is equated with committees, boards, and such. In much of the DAO space, governance is equated with voting. These ideas aren't wrong per se, but th...

A useful way to talk about governance of DAOs is to focus on value and how a DAO maximizes it. This is value in the broad sense of something people care about. Money is one way to measure value, but it is not the only way. Many approaches to governance miss this, which causes a lot of issues. In traditional organizations (tradorgs), governance is equated with committees, boards, and such. In much of the DAO space, governance is equated with voting. These ideas aren't wrong per se, but th...