[HN Gopher] The Dao of DAOs ___________________________________________________________________ The Dao of DAOs Author : jdhzzz Score : 31 points Date : 2021-03-22 23:48 UTC (2 days ago) (HTM) web link (www.notboring.co) (TXT) w3m dump (www.notboring.co) | bionhoward wrote: | Thing is, daos have potential intrinsic value in the way they | decentralize governance. | | An NFT would only be valuable if it constituted an enforceable | contract over some share of future Revenue from use of the object | of the contract. Right now, that's not true, thus NFTs are not | valuable, cuz they don't earn anything (unless you find a bigger | sucker -- but that's speculation, not investing) | | Lots of people want to hop on the crypto bandwagon and use it for | everything...it's better to use crypto for the things it is | really good at: immutability, availability (maybe), | nonrepudiation definitely. Confidentiality? Not really... | TTPrograms wrote: | It seems perfectly viable to distribute revenues to DAO NFT | holders - why do think that's not possible now? Are you saying | the contract is not legally enforceable? It seems | straightforward to have the DAO distribute any incoming tokens | proportionally to NFT holders. | karpierz wrote: | I believe that GP is talking about real world objects, like | an NFT of a song, or a piece of art. The NFT doesn't enable | you to enforce distribution of revenues in the real world. | eis wrote: | You don't need NFTs to distribute anything amongst holders. | You can use normal tokens for that already. And tokens have | the advantage that they can be devided into various amounts | which afaik you can't do with NFTs. In theory you could | create one NFT for every unit of share but tokens are much | more flexible. | toomuchtodo wrote: | Can tokens represent equity shares/securities in a company | if properly registered with the SEC? | casi wrote: | Really excited for the gnosis + radicle combination, being able | to give ownership of a repo to a dao will be cool. | | Also https://daohaus.club/ has made it really easy to deploy a | moloch dao for $1. | | Totally agree with the article though, DAOs are starting to shine | and it wouldn't surprise me if those who went down the nft rabbit | hole found their way into daos. we're gonna see more things like | community record labels running this way. There's a ui/ux curve | that needs working out (across all of crypto) but it's really | nice to be finally getting these things we imagined 5 years ago. ___________________________________________________________________ (page generated 2021-03-25 23:00 UTC)