Why DAOs will change the world

The World Today

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Private Goods

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Public Goods

Without effective systems for feedback & innovation in the public goods sector, we’re setting ourselves up for failure.

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When governments fail to provide public goods that are in demand, people start nonprofits

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"You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete."

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- Buckminster Fuller

Bottom-up

Constantly Evolving

Purpose Driven

Coordination Networks

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Impact DAOs

Nonprofits → Impact DAOs

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Identify stakeholders

Implement voting systems

Distribute Reputation

Launch regenerative economies

Case Study

Identifying Stakeholders

• Labor - e.g. Interceptor operators
• Relevant experts - e.g. Stream ecologists
• Beneficiaries - e.g. Locals in Jakarta, Indonesia
• Capital providers - e.g. Donors

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Identifying Stakeholders

Stakeholder Analysis

Distributing Reputation

Initial Distribution

Nontransferrable reputation token airdrop

Influence should evolve as the project does!

e.g. Inflationary token distribution - Giveth’s nrGIV

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Strategy for Continued Distribution

Rewards for capital contributions or other quantifiable data.

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Karma - transforms data like forum post length, on & off-chain votes, and github contributions into tokens

Quantitative Contributions

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@karmahq_

karmahq.xyz

Rewards for when someone goes above & beyond

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Praise - written peer recognition and community quantification determine influence

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Qualitative Contributions

@givepraise

givepraise.xyz

Give influence to people who can guide a project with expertise

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Awards ceremonies to recognize excellence

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Level of impact a person has on the project

Need to consider positive & negative implications

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Representative governance

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Level of impact the project has on a person

Decentralized Governance

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• Basic voting (yes/no/abstain)
• Quadratic voting
• Ranked choice voting

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Snapshot

An example of ranked choice voting

Pairwise

pairwise.generalmagic.io

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Regenerative Economics

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Both can exist at the same time!

Capital contributors can have their own token

Labor contributions can get paid w/o losing influence

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Transferable + Nontransferrable

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So… How will the

world change?

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Education

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Healthcare

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Food?!

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Lodging?!!

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World DAOmination

Easy onboarding to web3 via giveth.io

GIVbacks

Donor rewards

GIVpower

Locks capital behind projects

Gurves

GIV-backed economies for Impact DAOs

@givethio

giveth.io

We are here

@commonsstack

commonstack.org

Collaborative Economics Methodology

- Community education

- Community submits/forks proposals

- Community votes for finalists

- Community votes for winner

- Winning proposal implemented

Cultural Frameworks

- Polycentric governance

- do-ocracy

- Gratitude based reputation

- Inclusion/boundaries

- Participatory decision making

- Stewardship

- Transparency/accountability

- And others

Library of Tools

- Augmented Bonding Curve

- Pairwise

- Praise

- Snapshot

- Tokenlog

- Github/Zenhub

- Discord/TG

- And others

@commonsstack

commonstack.org

By empowering nonprofits to become Impact DAOs…

we can foster community-led, economically sustainable, innovative public goods creation

and can build a world of abundance that everyone can enjoy.

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Why DAOs will change the world

Community members in “circles” give each other points that becomes stake

Coordinape

Coordinape.com

@coordinape

Quadratic Funding

h/t finematics

Nontransferrable NFTs used to designate roles, expertise & qualifications

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Otterspace

@otterspace_xyz

otterspace.xyz

Bonding Curves

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Supporting low-liquidity markets

Gurves

• DAO benefits from market feedback

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• New layer to the distribution of power

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• Nontransferrable tokens now have more perceived value

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• Transferrable tokens can be used to fund proposals

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• Stakeholders can be given both types
• No need to sell reputation to pay bills
• Feel-good energy of being given influence not $

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Transferable + Nontransferrable