Coderina

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Coderina is a service dow that coordinates are auditors to run contests. They basically commit, there are bugs that they find, and they're rewarded for finding them. Coderina was able to really do, roughly, initially, like one order contest a month. It sort hove enlightened me to this idea that how well your dow can operate wholly depend or at least how hard it is to build a dows dependent on how complex your participation loops look like.

Decentralized Autonomous Organizations or DAOs for short are hailed as the future of managing organizations and work.

However, many are starting to doubt the feasibility of DAOs given its major blockers for it to succeed at scale.

In this episode, the 2 largest proponents of DAOs, Dmitriy and Peter from 1kx discusses:

The current DAO landscape
Why they are still bullish on DAOs
What will it take for DAOs to succeed

Host: Jason Choi @mrjasonchoi . Not financial advice.

------------ Timestamps -------------

(00:00:00) – Introduction

(00:02:11) – What exactly is a DAO?

(00:07:12) – Bear & Bull cases for DAOs

(00:11:27) – Progressive vs Decentralization from the get-go

(00:26:20) – Different types of DAOs

(00:29:08) – Whale’s skewed voting power

(00:34:30) – Recent Merit Circle vs YGG case

(00:38:22) – Interesting DAOs to check out

----------- Sponsors -------------

dYdX is the Leading Decentralized Exchange for trading perpetual contracts. Users enjoy low fees, deep liquidity, up to 20x more buying power and even earn $DYDX from trading. Trade on dYdX today at: https://trade.dydx.exchange

----------- More Resources ---------

Guest

1kx’s Twitter: https://twitter.com/1kxnetwork

1kx’s Medium: https://medium.com/1kxnetwork

Dmitriy’s Twitter: https://twitter.com/dberenzon

Peter’s Twitter: https://twitter.com/pet3rpan_

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

Jason Choi’s Twitter: https://twitter.com/mrjasonchoi

------------ Disclosures -------------

Disclaimer: The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.