DAOs are a new way to finance projects, govern communities, and share value

While new models for collective organizing will continue to emerge and evolve, it’s likely that the most successful among them will include some combination of the following: one-member one-vote governance, tokens as ownership, community investment, liquidity for contributors, and bootstrapping through on-chain contributions.

But the management and organizational ‘overhead’ of traditional associations often exceed the will and ability of potential participants. If you’ve ever been part of a community or school group, you understand the often prohibitive burden. It’s not only the time commitment of planning meetings — it’s the social dynamics where a few very active memb... See more

Web3 is pushing from several angles to make creators less dependent on platforms, and expanding the way creators can generate upfront financing would be a key way to do that.