DAOist History

Who am I- Former Cloud Computing (Salesforce) Software Architect turned Blockchain architect

- Famous for inventing/introducing several key concepts including “cryptoequity” and “decentralized organizations.” Run several key prototypes of these concepts.

- Run a decentralized expert network keeping up to the state of art of major technological trends (Blockchain, AI, Machine Learning).

Who am Iknow 4-11 languages

Masters in Daoist philosophy

Also studied political history more generally

Also working on “Magic Internet Money” album

Jack of all trades

D-DARPA

D-DARPA goals

tracking state of art building prototypes

• Arc 1 : App coin -> Cryptofuel

• consumable, network use

• has associated DAPP

• Examples

• problems

• bitcoin solution is a bit chunky

• cuts into revenue

From Appcoin to Cryptofuel

• Scams

• Things that are illegal

• Thing that Bitcoin nerds really like (e.g. Bitcoin comics)

Bitcoin Crowdfunding. What is it good for?

• Designed as a proto-DAO

• Voting on major decisions

• Couldn’t cross the chasm

This Swarm thing

Problems• Uncertain legal status (Stiftung anyone?)

• Hard to establish value of tokens

• Possibly eating future revenues

• No clear accountability

• Formal governance structures add cost

• Informal agreements are often not enforcable

DAOS• Democracy DAO

• slock.it

• Modular DAO

• boardroom

• bitnation

• Autonomous DAO

• futarchy

Who cares?• Honestly, no one.

• But actually

• Illegal things -> yes people will do this

• Well… actually. No one cared about ether either.

• Except us.

Why Ether?• Engage technologically savvy crowd.

• Stacked incentives (make the world a better place + make money).

• Would not have succeeded with any traditional model.

Why DAOs?• Engage technologically savvy crowd.

• Stacked incentives (make the world a better place + make money).

• Projects that would not have succeeded with any traditional model.

Where next?• Functional prototypes moving into enterprise

SaaS products

• Finding place in “Exponential Organizations”

• Internal incentives inside of companies for innovation

Where this gets cool

• Replace corporation

• Full stack automation. DAOS for smart things.

• Autonomously evolving (like Conway’s game of life)