Final week a ramshackle group of crypto traders tried (and failed) to purchase the U.S. Structure. This week on “Opinionated,” Ben, Anna and Danny speak about why. Recorded someday previous to the public sale, this week’s episode explores the powerful questions decentralized autonomous organizations (DAO) face within the wake of ConstitutionDAO.
For starters, how ought to DAOs manage themselves? Ought to or not it’s one pockets, one vote or ought to bigger contributors get a much bigger share of the pie? Most initiatives comply with the latter, however ConstitutionDAO’s distinctive deal with an vital doc within the historical past of democracy forces the query, Danny thinks.
This might show to be an inflection level for DAOs as an entire, regardless of the result. Media consideration is rampant, new wallets are becoming a member of the motion. It might not have labored out for ConstitutionDAO however, because the gang factors out, this type of flash crowdfunding is barely simply getting began.
This episode was produced, introduced and edited by Michele Musso. Our theme tune is by Elision.