Thread by @The_ReadingApe

@awrigh01 is a galaxy brain 🧠 OG in the space. In this episode of the @zima_red podcast, he shares with @AndrewSteinwold his insights on the following:

📜Role in launching Ethereum
📜Founding @OpenLawOfficial
📜Involvement in multiple DAOs

Read on! 👇

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial 1/ Aaron has a distinguished career

📜Professor @CardozoLaw
📜Played a role in the launch of Ethereum
📜Published a book
📜Involved in many of the major DAOs

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw 2/ Interest in tech

📜Always been fascinated with tech
📜His dad was in scientific research/early user of the internet
📜After college, hoping to work for an internet company. Could not do so as the Dotcom crash happened
📜Went to law school
📜Blockchain caught his attention

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw 3/ Role in Ethereum's launch

📜Really interested in Bitcoin. Started in 2011
📜Thought of a protocol for law or rules. Ethereum came to his attention
📜Got connected with @ethereumJoseph at a conference
📜Helped out with Ethereum on the legal side both pre-launch and post-launch

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph 4/ Why NFTs have caught mainstream attention

📜NFTs are constantly exceeding expectations when it comes to consumer adoption, artist adoption, enterprise adoption, etc.
📜Trend accelerated by COVID
📜Infrastructure is there to support it as well

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph 5/ On DAOs

📜Broad concept floating around Bitcoin ecosystem in 2013
📜Dan Larimer came up with Decentralized Autonomous Corporation
📜@VitalikButerin generalized that concept into a DAO
📜Easiest way to think of it: online group/community with a bank account and rules around it

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin 6/ DAOs (continued)

📜DAOs do well in information collection and information sorting
📜Since they are flatter, information can flow in more emergent ways
📜In regular companies, the loudest person tends to win. In DAOs, everyone has equal footing and good ideas come to light

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin 7/ Ideal voting mechanism

📜No answer yet
📜Communities are experimenting
📜Quorum-based decision-making seems to work well for @TheLAOOfficial, @FLAMINGODAO, @NEPTUNEDA0

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin @TheLAOOfficial @FLAMINGODAO @NEPTUNEDA0 8/ @OpenLawOfficial

📜Smart contracts are not able to do certain things
📜Ricardian contracts to solve them
📜OpenLaw: Ricardian contracting system that enables a legal agreement to be digitized so that a computer can understand it and trigger smart contracts when it is signed

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin @TheLAOOfficial @FLAMINGODAO @NEPTUNEDA0 9/ @TheLAOOfficial

📜The idea was to back projects and test the assumption as to whether a community can make fruitful decisions without members knowing one another
📜Decided to set up @FLAMINGODAO to collect NFTs
📜Decided to set up @NEPTUNEDA0 that is DeFi-focused

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin @TheLAOOfficial @FLAMINGODAO @NEPTUNEDA0 10/ @FLAMINGODAO

📜Executed strategies that they came up with:
🦩Emergent digital artists (e.g. @ix_shells)
🦩NFTs (e.g. CryptoPunks, Autoglyphs, generative art)
🦩Metaverse (e.g. land/parcels and metaverse items)
🦩Sports collectibles (e.g. @nbatopshot)

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin @TheLAOOfficial @FLAMINGODAO @NEPTUNEDA0 @ix_shells @nbatopshot 11/ @NEPTUNEDA0

📜When Compound announced their governance token, The LAO geeked out on it
📜Had an idea to pool capital and be supportive of projects that require liquidity at launch. Resulted in the formation of Neptune DAO

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin @TheLAOOfficial @FLAMINGODAO @NEPTUNEDA0 @ix_shells @nbatopshot 12/ What is the Metaverse?

📜Metaverse is the context for the next generation 😎
📜Some of the virtual worlds (e.g. @decentraland, @SomniumSpace, @cryptovoxels) could end up becoming the dominant virtual world
📜Foresees that NFT games will coalesce together with the metaverse

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin @TheLAOOfficial @FLAMINGODAO @NEPTUNEDA0 @ix_shells @nbatopshot @decentraland @SomniumSpace @cryptovoxels 13/ Favourite artist?

📜@XCOPYART
📜The aesthetic appeals to him
📜Theme is a little dark

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin @TheLAOOfficial @FLAMINGODAO @NEPTUNEDA0 @ix_shells @nbatopshot @decentraland @SomniumSpace @cryptovoxels @XCOPYART Links:

Podcast: anchor.fm/andrew-steinwo…
Substack post: thereadingape.substack.com/p/zima-red-ep-…

Thanks to @AndrewSteinwold for the interview!

@awrigh01 @zima_red @AndrewSteinwold @OpenLawOfficial @CardozoLaw @ethereumJoseph @VitalikButerin @TheLAOOfficial @FLAMINGODAO @NEPTUNEDA0 @ix_shells @nbatopshot @decentraland @SomniumSpace @cryptovoxels @XCOPYART Like our work?

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~ End Thread