1/ NFT discussion series by @paji_a #18: "What is a DAO? - The NFTJPN Journey Part 8" #NFT #NFTcommunity #anime #japan #pajiEnglish #NFTJPN
2/ Today, I will continue talking about "What is a DAO?" in order to make NFTJPN a DAO. We will try to dig a little deeper into Vitalik's definition of DAO "an organization whose core is automated.
3/ │ Labor = Automatic │ Labor = People
───────────────────────────
Core = Automatic │ Fully AI │ DAO
│ ↑ I want to make this
Core = Human │ Organization using robots │ Uncreative organization
4/ The DAOs I will write about here are only what I consider "ideal DAOs" in NFTJPN. Even if it does not fit the "definition" described here, I believe that there should be various DAOs for each community.
5/ I would be happy if you could use our case studies and many other findings as material for thinking about your own "DAO".
6/ Organizations that are making full use of robots that are being realized in companies (e.g., automobile manufacturing processes are being automated by robots) are among the best organizations that have greatly increased productivity.
7/ Conversely, most old-fashioned and common companies are defined as "uncreative organizations" where people work under a centralized chief person.
8/ DAO is an organization where the "core is automatic" and "there are people operating around it". Conversely, Buterin says that an organization that is "centrally automatic" with no one operating it other than robots/AI, is like the "Holy Grail".
9/ A simple question arises here. What is the advantage of an organization that is "centrally automated" and has "people running around it" compared to one that is "centrally staffed"? Also, can an organization with "only a part of the core automated" be a DAO?
10/ If DAO is considered structurally, "how deeply and widely the core is automated" has the potential to create a blue ceiling scale and speed that could not be achieved by a company.
11/ It is leveraged by how much wider and deeper resources are shared, because the number of participants and participating companies will continue to increase at the highest efficiency under a convincing incentive.
12/ If we can work in an autonomous manner, (as in the case of a company, where the structure is designed to continuously enrich the chief executive in the center, i.e.,
13/ to provide excessive returns for their contributions) rather than working to make someone else profit, our sense of satisfaction and commitment will change greatly.
"14/ Suppose sales did not go into treasury at Nouns and only CC0 (commercial use allowed) of characters and open sourcing of program source code were offered as a ""shared resource"".
"15/ Human: without □□□□□□□□□□ (automatic)
Objects: ■■■□□□□□□□□CC0+OSS
Money: □□□□□□□□□□70 million USD worth of ETH + NFT
■"" is the shared resource portion"
"16/ Actual Nouns shared resources include
Human: without □□□□□□□□□□ (automatic)
Things: ■■■□□□□□□□□CC0+OSS
Money: ■■■■■■■■■■70 million USD worth of ETH + NFT
The ""■"" part is 100% shared as a ""core automated organization"" = DAO.
"
17/ The ability to share even money is what makes DAOs superior to companies.
18/ If NFT holders had no influence on how the 70 million worth of resources = *money* was spent to do greater things for the organization, I don't know if this many NFT buyers would have shown up.
19/ The fact that the money is saved and redistributed in the "redistribution system" is also the reason for the large purchases. To be continued tomorrow.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with TheHypeMan2019

TheHypeMan2019 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @TheHypeMan2019

Mar 26
1/ NFT discussion series by @paji_a #20: "What is a DAO? - The NFTJPN Journey Part 10" #NFT #NFTcommunity #anime #japan #pajiEnglish #NFTJPN
2/ Today, I will continue discussing the topic "What is a DAO?" in preparation for NFTJPN's conversion to a DAO. In the last issue, I wrote that DAOs could be a breakthrough beyond the organization of a company, as the sharing of an important resource for an organization,
3/ *money*, will greatly change the commitment involved by participants and participating companies. From here, we will further explore the example of Nouns DAO in depth.
Read 23 tweets
Mar 26
1/ NFT discussion series by @paji_a #19: "What is a DAO? - The NFTJPN Journey Part 9" #NFT #NFTcommunity #anime #japan #pajiEnglish #NFTJPN
2/ Today, I continue my discussion "What is a DAO?" in preparation for NFTJPN's conversion to a DAO. I have been telling you that the sharing of an important resource for an organization, namely *money*, is the major difference that separates a company from a DAO.
3/ We will take an in-depth look at the benefits of storing sales in a treasury, deciding how to use it together, and automatically transferring the money, using Nouns as an example.
Read 28 tweets
Mar 26
1/ NFT discussion series by @paji_a #17: "What is a DAO? - The NFTJPN Journey Part 7" #NFT #NFTcommunity #anime #japan #pajiEnglish #NFTJPN
"2/ Today, I'll again pick up the topic ""What is a DAO?"" in preparation for NFTJPN's conversion to a DAO. Shared resources in an organization can be defined as such-
People: Human minds are hard to share
"3/ Things: Shared use does not depend on organization type
Money: Can be shared through blockchain utilization
We will dig deeper into *money* in order for DAO as an organization to outperform a company."
Read 31 tweets
Mar 26
1/ NFT discussion series by @paji_a #16: "What is a DAO? - The NFTJPN Journey Part 6" #NFT #NFTcommunity #anime #japan #pajiEnglish #NFTJPN
2/ Today, I'll continue discussing "What is a DAO?" in preparation for NFTJPN's conversion to a DAO. How can a DAO as an organization go beyond a company?
3/ Today, we will take a deeper look at *things* among resources such as *people*, *things*, and *money*, which are important when an organization moves toward the realization of its vision.
Read 22 tweets
Mar 23
1/ NFT discussion series by @paji_a #15: "What is a DAO? - The NFTJPN Journey Part 5" #NFT #NFTcommunity #anime #japan #pajiEnglish #NFTJPN
2/ Today, I'm continuing my discussion on "What is a DAO?" in preparation for NFTJPN's conversion to a DAO. Among resources such as people, goods, and money, money is the most important resource for the realization of the DAO vision.
3/ This is because money is a special resource that can be exchanged with other resources such as people and goods and has a high degree of liquidity that can be expressed on the Internet by utilizing the blockchain.
Read 27 tweets
Mar 23
1/ NFT discussion series by @paji_a #14: "What is a DAO? - The NFTJPN Journey Part 4" #NFT #NFTcommunity #anime #japan #pajiEnglish #NFTJPN
2/ Today, I'll continue the topic "What is a DAO?" in preparation for NFTJPN's conversion to a DAO. So far, I have emphasized that a DAO is an organizational entity with advantages over a company.
3/ Why was the world able to develop societies and people's lives prosperously through corporations in the first place? We can answer that by taking a bird's eye view.
Read 28 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(