DAOs: Challenges and Opportunities

Our live event 🔗 👨🏻‍💻 DAOs: Challenges and Opportunities 👩🏻‍💻🔗 was a huge success! Great opportunity to learn more about and discuss breakthroughs and shortcomings of one of the most intriguing phenomena of the New World of Work. Here are some of the main takeaways of chat between Joost Schouten, Thomas Thomison and Andrew K Brown:

👉🏻 Ownership = control? Because decision-making keeps linked to ownership (of tokens), DAOs don't show ANY ADVANCEMENT WHATSOEVER in terms of the fusion of power and financial influence.

👉🏻 If all decisions are financial or reputation or simple (yes/no voting), things are easy for a while, until all the deep aspects of organizations creep in: purpose/meaning/why does this exist?

👉🏻 DAOs are insanely fast to establish (sometimes even in 90 seconds!). They scale technologically, but not socially, not organizationally, not in terms of evolutionary purpose.

👉🏻 In a DAO, everybody can easily sign up and start showing up, suggesting a proposal and exerting influence. This makes it really hard to protect the organization's boundaries and generates uncertainty, disorientation, and feelings of unsafeness and chaos.

👉🏻Honouring boundaries is what the Holacracy/Sociocracy/Reinventing movements have been experiencing for a couple of years, and doesn’t seem to be baked into the DAO cake. The role/soul, individual/organization differentiation doesn't seem to play a role in this space so far.

👉🏻 The voting system is liberating because it gives folks a sense of freely choosing their own adventure instead of showing up as a soulless employee in old work structures. But it is frustrating because it is highly inefficient to vote on everything. Who defines what do you need to vote on and on what not?

👉🏻And many, many more!

Watch the recording below and discover a perspective on the DAO movement beyond the hype! ✌🏻