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The power of incentives cannot be overstated. Properly devised incentive mechanisms can supercharge a group’s ability to efficiently optimize for its selected target metrics. Which sounds great — and it is, provided that those target metrics are a proper representation of the organization’s goals.

While we begin with self-assessment, the DAO collectively has final say over which value levels each contributor is assigned. We’re still actively working on how best to do this in a way that balances DAO budget constraints and needs with our desire to drive compensation in a bottom-up manner

The decentralized automated organization (DAO) structure and the technologies underpinning them -- transparent ledgers, smart contracts, cryptocurrencies, automated governance and certifiable digital ownership -- were created specifically and solely to align incentives. And now that they have been in the market for several years, we are starting to... See more