Lots of good ideas from coops, a bit hand-wavey how those could apply to DAOs
On the DAO side: You can do a lot of things when you have plenty of cash swapping around, unclear why people should put lots of cash into by design non-profit coops.
So I’m not sure what exactly we can learn from this piece…
1)they can be more focused on social causes not really a flaw of daos but a just a comment on how most daos just exist for memes/speculation atm instead of some great social cause.
2)on how to effectively give members a feeling ownership by changing from a model of dividends and governance rights to one of transparency into how founders and executives are paid and how partnerships with third parties are made.
to establish shared values
Things coops can learn from daos:
how to go quickly from the idea to execution phase
new funding models
new ways of giving back to the community
Coops can be for-profit or non-profit the article was talking about the for-profit ones.
Hmm tl;dr:
So I’m not sure what exactly we can learn from this piece…
Things daos can learn from coops:
1)they can be more focused on social causes not really a flaw of daos but a just a comment on how most daos just exist for memes/speculation atm instead of some great social cause.
2)on how to effectively give members a feeling ownership by changing from a model of dividends and governance rights to one of transparency into how founders and executives are paid and how partnerships with third parties are made.
Things coops can learn from daos:
how to go quickly from the idea to execution phase
new funding models
new ways of giving back to the community
Coops can be for-profit or non-profit the article was talking about the for-profit ones.