Very Informative. Sincerely, I just learnt what a Decentralised Autonomous Organization is for the first thing. Thanks for these wonderful explanations
In a DAO. Since decisions are decentralized, do you get into a situation where there are too many cooks in the kitchen and decisions therefore are slow and indecisive?
I'm working on a few DAOs right now one if a family trust kind of thing and one is an unbanking DAO another one is more complicated and I wont get into it here but it involves creating an inner circle of influence in your network of people... and I am also working on a game/ games that will be DOAs
Hey Chris, I and a few friends are working on an nft project and we were thinking of running everything through a dao vs an llc, and I’m looking for info on how taxes and regulations go for dao’s. If you don’t mind me asking how are you getting paid and how do you show that to your respective government? Thanks!
If a DAO hires a professional to do work for them. Who gets to create the tasks for this person? Does every task given needed to go through a vote? Won’t that move too slow? Or not focus enough? Similarly, does the group decided whether this person is doing a good job or not?
Hey question i have tried listing on cmc for like amonth and have nothing and see people posting will smith slap coins the morning after...who do i gotta blow to get a listing here?
That was really interesting. I love the idea os self-govoernance and DAOs. Are there any examples of DAOs where people can make decisions about their cities? Specifically is there an example of a DAO governing a city? Or is it just utopia.
Might help to create real change in the political landscape with everything so transparent. Would be interesting to see a city adopt a project of using a DAO
there is an organization called cityDAO that bought a large amount of land i wyoming with plans to build their own city. it was even featured on the wall street journal i think.
Thanks a lot Trev - that actually helped a lot. I work in a design team on a web3 project. We consider to make a DAO so we would decide on which further projects we participate with and invest our time. I‘m wondering if a DAO would hold its own funds later on or if it‘s only the governance layer where decisions are made
Very interesting information. Could a DAO be focused for healthcare use. Probably supporting a certain disease. Kind of like a NGO o fund? At a smaller scale for independent hospitals to buy certain high cost drugs, at a larger scale focusing on research.
Do you think a dao wold be beneficial for a SPAC ? I’m thinking about starting a project on the blockchain instead of doing it on the stock market and try to make it as decentralized as possibly and tokenize the stocks :)
are you just saying words you have heard? Do you think a person who would successfully launch either of those things would ask about it in a youtube comment section?
@@Joy-fy1lp Perhaps we're misunderstanding each other. A Decentralized Autonomous Organization is a group of people where no one person or authority is in charge. All people within the DAO have a say in the direction of the DAO. I guess my understanding of your original comment was that you wanted to create an exchange where you call the shots. At that point, you have an exchange (or maybe a Ponzi scheme), not an actual DAO.
Take a look at th-cam.com/video/zzE3fpOqJbc/w-d-xo.html and coinmarketcap.com/alexandria/article/what-is-a-dao-coinmarketcap-s-definitive-guide , hope they help!
Now that you all know about DAO's, I recommend checking out Oracle Finance DAO, they are launching soon presale begins 3/14, they payout in stable coins which is unique to other projects rewards, rebase token with plans to moon :)
When does the technical video on creating a DAO roll out that was referenced in this excellent starter video?
Hi just watched how to create a DAO where can i find part 2 please
Smooth Trev, thanks! Allright, Im gonna get work on my DAO and then Im gonna hit you up personally cause I wanna be LEGENDARY!
Very Informative.
Sincerely, I just learnt what a Decentralised Autonomous Organization is for the first thing.
Thanks for these wonderful explanations
Glad it helped! 💪🤓
Great job, it helps me a lot, thanks
Thanks you mate, I'm actually looking for some tools to create a DAO for my nft music label 💪🏽💯
i think you just gave me the best idea ever about a DAO! thank you
In a DAO. Since decisions are decentralized, do you get into a situation where there are too many cooks in the kitchen and decisions therefore are slow and indecisive?
I'm working on a few DAOs right now one if a family trust kind of thing and one is an unbanking DAO another one is more complicated and I wont get into it here but it involves creating an inner circle of influence in your network of people... and I am also working on a game/ games that will be DOAs
Hey Chris, I and a few friends are working on an nft project and we were thinking of running everything through a dao vs an llc, and I’m looking for info on how taxes and regulations go for dao’s. If you don’t mind me asking how are you getting paid and how do you show that to your respective government? Thanks!
@@SEXYwigumz you don’t, again if everything is on dex and such it is not possible for the government as of right now to prove anything
Very informative 👏 . Getting lots of good things .
Hello, can you tell me if there is a DAO for real estate developers?
cityDAO may be something of interest
If a DAO hires a professional to do work for them. Who gets to create the tasks for this person? Does every task given needed to go through a vote? Won’t that move too slow? Or not focus enough? Similarly, does the group decided whether this person is doing a good job or not?
Great video!
When are you going to publish the video about Encoding Rules and Deployment?
That'd be the next most interesting part!
Noted!
Albert i was thinking the same thing 😂
@@CoinMarketCapOfficial still waiting
dao functions has to be writen in the token smarcontract ?
/ can I create token and then make DAO around that token later?
we are starting a DAO that is a conglomerate of different industries, what advise will be there for partnership with other DAOs
Hey question i have tried listing on cmc for like amonth and have nothing and see people posting will smith slap coins the morning after...who do i gotta blow to get a listing here?
Thanks, it's good
Hmmm
The empty space makes the bowl useful?
That was really interesting. I love the idea os self-govoernance and DAOs. Are there any examples of DAOs where people can make decisions about their cities? Specifically is there an example of a DAO governing a city? Or is it just utopia.
Great questions! We will answer them on Wednesday, with our upcoming video about Crypto Cities 🙌
Might help to create real change in the political landscape with everything so transparent. Would be interesting to see a city adopt a project of using a DAO
@@CoinMarketCapOfficial Did you make this one? Can you post a link please?
there is an organization called cityDAO that bought a large amount of land i wyoming with plans to build their own city. it was even featured on the wall street journal i think.
Great video ..an eye opener
How can I purchase the coun from coin market cap
Thanks a lot Trev - that actually helped a lot. I work in a design team on a web3 project. We consider to make a DAO so we would decide on which further projects we participate with and invest our time. I‘m wondering if a DAO would hold its own funds later on or if it‘s only the governance layer where decisions are made
excellent video I was looking up how to start my own DAO
I assume everything is anonymous? Including the source or each proposal that put forth for vote?
Very interesting information. Could a DAO be focused for healthcare use. Probably supporting a certain disease. Kind of like a NGO o fund? At a smaller scale for independent hospitals to buy certain high cost drugs, at a larger scale focusing on research.
Great ideas, any progress?
‘The Charity’
Very good 👍
Is there a dao that can mimic a family trust?
Do you think a dao wold be beneficial for a SPAC ? I’m thinking about starting a project on the blockchain instead of doing it on the stock market and try to make it as decentralized as possibly and tokenize the stocks :)
are you just saying words you have heard? Do you think a person who would successfully launch either of those things would ask about it in a youtube comment section?
eeee do you know what the video is about ?
@@jerbear7952
I create a DAO for my unuversity group, we expect to create a trully DAO in the future
شكرا لك
رغم اني لم افهم عليك لاختلاف اللغه لاكني اعتقد انك صادق بكلامك من خلال ملامح وجهك
Can i create a Dao but whitout governance token, so i could be the only ceo of the dao?
😂🤣 kinda missing the point of a DAO then.
@@jeradblazek677 🤣i dont want to pay taxes and neither have a government behind
@@Joy-fy1lp Perhaps we're misunderstanding each other. A Decentralized Autonomous Organization is a group of people where no one person or authority is in charge. All people within the DAO have a say in the direction of the DAO.
I guess my understanding of your original comment was that you wanted to create an exchange where you call the shots. At that point, you have an exchange (or maybe a Ponzi scheme), not an actual DAO.
Super interesting the content of the video, is there any additional material to deepen?
Take a look at th-cam.com/video/zzE3fpOqJbc/w-d-xo.html and coinmarketcap.com/alexandria/article/what-is-a-dao-coinmarketcap-s-definitive-guide , hope they help!
I'm glad you asked this, was thinking the same.
Supper
im having a mental breakDAO
Why not create a DAO live start to end.
This should be named “I like to say DAO and waste you time”
Wait Adam looks like Trevor.
😱 Impostor!
Wow
A developer that can help me start a DAO ? I am trying to make a community to fund education in my country
Great initiative! Make sure to connect with people on Twitter and Discord
hello
This video had nothing to do with how to create a dao. Just what a dao was.
The escenario you mention at the beginning does not sound compelling at all and is very different from the real potential of DAOs.
This did not explain how to create a DAO. It simply explains how to attract people so you can scam them before you have a DAO created.
focus on "bitdao"
Still confuse ?#@
Basically DAO is AI in other language with more security.
I am no longer waiting for the stimulus check because I earn $10000 every 10-12 days recently.
Now that you all know about DAO's, I recommend checking out Oracle Finance DAO, they are launching soon presale begins 3/14, they payout in stable coins which is unique to other projects rewards, rebase token with plans to moon :)
hello