[HN Gopher] The Dao of DAOs
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       The Dao of DAOs
        
       Author : jdhzzz
       Score  : 31 points
       Date   : 2021-03-22 23:48 UTC (2 days ago)
        
 (HTM) web link (www.notboring.co)
 (TXT) w3m dump (www.notboring.co)
        
       | bionhoward wrote:
       | Thing is, daos have potential intrinsic value in the way they
       | decentralize governance.
       | 
       | An NFT would only be valuable if it constituted an enforceable
       | contract over some share of future Revenue from use of the object
       | of the contract. Right now, that's not true, thus NFTs are not
       | valuable, cuz they don't earn anything (unless you find a bigger
       | sucker -- but that's speculation, not investing)
       | 
       | Lots of people want to hop on the crypto bandwagon and use it for
       | everything...it's better to use crypto for the things it is
       | really good at: immutability, availability (maybe),
       | nonrepudiation definitely. Confidentiality? Not really...
        
         | TTPrograms wrote:
         | It seems perfectly viable to distribute revenues to DAO NFT
         | holders - why do think that's not possible now? Are you saying
         | the contract is not legally enforceable? It seems
         | straightforward to have the DAO distribute any incoming tokens
         | proportionally to NFT holders.
        
           | karpierz wrote:
           | I believe that GP is talking about real world objects, like
           | an NFT of a song, or a piece of art. The NFT doesn't enable
           | you to enforce distribution of revenues in the real world.
        
           | eis wrote:
           | You don't need NFTs to distribute anything amongst holders.
           | You can use normal tokens for that already. And tokens have
           | the advantage that they can be devided into various amounts
           | which afaik you can't do with NFTs. In theory you could
           | create one NFT for every unit of share but tokens are much
           | more flexible.
        
             | toomuchtodo wrote:
             | Can tokens represent equity shares/securities in a company
             | if properly registered with the SEC?
        
       | casi wrote:
       | Really excited for the gnosis + radicle combination, being able
       | to give ownership of a repo to a dao will be cool.
       | 
       | Also https://daohaus.club/ has made it really easy to deploy a
       | moloch dao for $1.
       | 
       | Totally agree with the article though, DAOs are starting to shine
       | and it wouldn't surprise me if those who went down the nft rabbit
       | hole found their way into daos. we're gonna see more things like
       | community record labels running this way. There's a ui/ux curve
       | that needs working out (across all of crypto) but it's really
       | nice to be finally getting these things we imagined 5 years ago.
        
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       (page generated 2021-03-25 23:00 UTC)