Everything you need to know about DAOs! DAO are “a group organized around a mission that coordinates through a shared set of rules enforced on a blockchain”. At the most basic level, they use collective participation to fund things and get things done. I go on a bit of a tangent at 11:43, which you can skip if you want. Airdropping a token to everyone in the US is far from feasible, but just wanted to take some time to talk about what *could* be possible. Constitution DAO: https://www.constitutiondao.com **NOTE: This was absolutely not an ad, nor was I sponsored! Just sharing some info** notes: https://horse-quart-a62.notion.site/D... Bankless podcast: https://open.spotify.com/episode/0l2m... Episode with Cooper: https://open.spotify.com/episode/7g6X... Linda's excellent piece: https://linda.mirror.xyz/Vh8K4leCGEO0...
00:00 - Intro 00:33 - What is a DAO? 04:14 - What do DAOs do? 06:08 - How do DAOs operate? 08:53 - Examples of DAOs 10:19 - Constitution DAO 11:43 - Kyla’s Opinion 12:53 - Trad vs DAO 13:56 - Bull and Bear Case 16:01 - Summary