The whole space is wrestling with the question, “What is a DAO?”. Spencer from DAOhaus has thought about this intensively and shares his definition and the reasons why he loves working for DAOs in this episode.

“I realized that the thing that DAOs are really great at, or what makes them so different from traditional organizations, is that they are resistant to capture. Their coordination mechanisms and the resources that they control are not capturable by bad actors.”

Some of the topics:

• How the broken health system pushed Spencer into the crypto rabbit hole
• Managing your commitment, time availability, and workload
• What it takes to be a DAO
• The problems of token governance and multi-sig solutions
• Integrating cultural values into technology
• The importance of decentralized executive power

Spencer has a background in economics and psychology. After working as a product manager in the healthcare industry, he started contributing to different crypto projects like Safe DAI, and Raid Guild, until DAOhaus became his main focus.

When he got into crypto, he thought this could revolutionize the healthcare system by giving patients control over their personal data that corporations, hospitals, and insurance companies have been fighting over for years.

But the hierarchy and dysfunctionality made it impossible for him to do anything & for these new solutions to work properly, so he left the healthcare industry and focused on DAO tooling and infrastructure to help enable a better way of working together.

Resources:

• DAOhaus
• Raid Guild
• Quadratic Funding
• Safe DAI 
• Zodiac by Gnosis
• Moloch DAO
• Aragon