2min chapter

Building At The Edges cover image

Incentivizing Contrarianism — David Phelps

Building At The Edges

CHAPTER

The Challenges of a DAO's Governance Process

I think that is like, you know, if you think about building useful governance structures and ownership structures in DAOs, too many people focus on the governance process. And so what I see is for a lot of communities that they rush to put a token out or they rush to build a membership, they go after a number of things that sort of they think are actually the valuable part of getting a broader membership base. But miss out on that incredibly important early stage, which is like, hey, who should be on the bus and who shouldn't be on theBus? It's how do we ensure that tokens are distributed broadly, but those are distributed to people who we believe are incredible people

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