Hi there, I’m very interested in the dxDAO and see myself participating. I’m really curious to see if and how, as an organization dxDAO will outperform traditional management structures.
Am I right in thinking that predictors (fisherman) are looking and betting on proposals that they think the DAO will vote yes on?
If that’s the case that means that predictors are predicting what it thinks the DAO will go for, not always what is good for it. Why I bring this up is because I think it means that the success of the DAO comes down to it having a reputation amongst predictors that is well known and its decision making is aligned to public, rational and sound principles.
The reputation can come from analysis of past votes but it will take time to build this database. In the beginning, how will the DAO signal to the predictors what its intentions are? Its focus and its goals? More importantly, how do the DAO’s goals align with the individual members of the dxDAO?
I’m assuming that the dxDAO’s focus is to:
- Make sure the dutchx does not depend on a central trusted party which is vulnerable to coercion.
- Increase the use of dutchx
If this is the focus, does it become ratified and promoted prior to the DAO and the DAO may change it with a vote or does it start out with no focus and defines it focus via voting? Does the DAO’s focus get built into incentive scheme for members or are those incentives built over time with voting?
Really looking forward to this experiment. Lots of great learnings will come from it.