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Tekin Salimi on Managing $125M Through A DAO
The Defiant - DeFi Podcast
DAO's - What Are Your Thoughts?
I'm a big believer in this concept of dumb bars number, which more broadly is like the idea that social groups break down above a certain number. I think most DAOs are going through some form of tragedy to commons. If you go to most DAO forums today, like they're just kind of like graveyards for governance, there's really nothing happening. You need to have the buck stop with someone. There has to be someone that still has the incentive to lead this forward. Otherwise you end up with this tragedy of commons,. Which we talk about a lot in crypto.
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