DAOs exist where communities form. They are the natural state of any group with a common interest that comes to define them. Where going it alone just doesn’t work. These are compelling enough and unspoken incentives that no founder or company is needed to make them happen or define their scope. Indeed these are often examples of opportunistic frontrunning of inevitable scenes. Encyclopedia Britannica could never beat Wikipedia once the DAO found its format. Suffice to say, formal and directed incentives will always give way over time to the automation of the natural, as will their social capital. The chat is the DAO and talk is cheap to host. A good example of DAOs is the freediving community. It’s simply dangerous to swim exposed to the deep without more people to support and make sure you make it back up. So these communities form around a shared goal (dive deep) and core necessity (survive)—which can be both singled out (personal score) or collective (house awards). A brief look at a group’s focus and how necessary they are to that focus announces them. So DAOs can still form around intensely personal interests. Code libraries for example show up when developers need to avoid reinventing the wheel or promote compatibility—nothing more needs to be said and someone will build this thing in the open since it will benefit them to receive improvements without the friction of legal or explicit arrangement. So the D of the commonly toasted ‘Decentralized’ is part of the fact that DAOs will just keep happening where people can communicate and therefore coordinate. This used to be far slower, smaller and more localized pre-internet as you had to hope your mutuals were in-town. Now you can quickly find your people through memes, like flags and constitutions and intentional restraint. Capital systems through blockchain smart contracts, which allow funds to be held by DAOs without banks and permit anonymity, as rules can be enforced with code and without resorting to law (which inherently requires doxing), now permit DAOs to be more continuous. They have always had some autonomy in the sense that censoring them is similar to banning dancing and therefore pointless—group activities persist like ideas. But now their capacity is super-enhanced by permanent, indisputable memory. DAOs in separated pools and streams of thought often fell to babel of corrupt historification and mixed and immatchable legal systems to enforce global contracts and rules of accounting. Yes code can be law when hosted onchain. As it goes, the flimsy scaffolding of corporate and governmental forms which have sought to promote protection and longevity to beliefs and other necessities can give way to persistent reality. DAOs have been around but now they are more clearly becoming part of your life.
z0r0z
DAOs exist where communities form. They are the natural state of any group with a common interest that comes to define them. Where going it alone just doesn’t work. These are compelling enough and unspoken incentives that no founder or company is needed to make them happen or define their scope. Indeed these are often examples of opportunistic frontrunning of inevitable scenes. Encyclopedia Britannica could never beat Wikipedia once the DAO found its format. Suffice to say, formal and directed incentives will always give way over time to the automation of the natural, as will their social capital. The chat is the DAO and talk is cheap to host. A good example of DAOs is the freediving community. It’s simply dangerous to swim exposed to the deep without more people to support and make sure you make it back up. So these communities form around a shared goal (dive deep) and core necessity (survive)—which can be both singled out (personal score) or collective (house awards). A brief look at a group’s focus and how necessary they are to that focus announces them. So DAOs can still form around intensely personal interests. Code libraries for example show up when developers need to avoid reinventing the wheel or promote compatibility—nothing more needs to be said and someone will build this thing in the open since it will benefit them to receive improvements without the friction of legal or explicit arrangement. So the D of the commonly toasted ‘Decentralized’ is part of the fact that DAOs will just keep happening where people can communicate and therefore coordinate. This used to be far slower, smaller and more localized pre-internet as you had to hope your mutuals were in-town. Now you can quickly find your people through memes, like flags and constitutions and intentional restraint. Capital systems through blockchain smart contracts, which allow funds to be held by DAOs without banks and permit anonymity, as rules can be enforced with code and without resorting to law (which inherently requires doxing), now permit DAOs to be more continuous. They have always had some autonomy in the sense that censoring them is similar to banning dancing and therefore pointless—group activities persist like ideas. But now their capacity is super-enhanced by permanent, indisputable memory. DAOs in separated pools and streams of thought often fell to babel of corrupt historification and mixed and immatchable legal systems to enforce global contracts and rules of accounting. Yes code can be law when hosted onchain. As it goes, the flimsy scaffolding of corporate and governmental forms which have sought to promote protection and longevity to beliefs and other necessities can give way to persistent reality. DAOs have been around but now they are more clearly becoming part of your life.