DAOs are on my mind.
And you probably know why.
They are a big initiative for Harmony and I want to pull from the wisdom of our community to make them better and better.
I find myself going over some of the same concepts with people I talk to regarding who “runs” or “manages” a DAO and what it would mean to be a governor of a DAO.
Here are some thoughts.
NOTE: This is not prescriptive. These are just my thoughts.
Minds can change with new facts and new arguments.
WHO MANAGES THE DAO?
Quick answer - no one.
The DAO is a “member-managed” entity. Which means that the people that make up the DAO community manage that DAO.
“But, Sam,” I can hear you say. “We have DAO Governors”
Yes, that’s true. And they are great people - each and everyone of them. They are putting a lot of hard work and time into getting these projects off the ground.
But they aren’t the DAO managers.
At the end of the day - the role of the DAO Governors is - at it’s root - three fold. (a) Facilitate voting for the members of the DAO, (b) Managing the Voting process, (c) Signing the Multi-sig wallet when an approved vote has funding attached.
If you think about it - this is 100% the value of a DAO. No single person is “anointed” as God Emperor of a DAO-universe. There is no leader. There is no bequeathing of authority. There is just DAO → a Decentralized Autonomous Organization.
Tell me your thoughts on this topic. I want to know. I hate shouting in an echo chamber so - please - disagree with me