Q.) In the DAOstack community Telegram it was asked by Tigger: "hi team i know you are busy at the conference. i’m just wondering if somebody can explain the main value proposition and use cases of Daostack and why its important or unique? i have read the blogs and white paper but its still not easy to identify in one phrase what makes daostack important or what its biggest benefit is."
A.) Answered by @matan [DAOstack CEO / Architect]:
Thanks Tigger.
In one sentence: DAOstack provides the necessary technology and platform for the self-organization of large collectives around any shared goal or action
In some more details:
An organization is a toot to align interests of many “agents” in order to create a coherent, scalable joint action. The existing centralized and rigid structures achieve that to certain degree, but with the cost of rigidity (of the structure) which is in tension with adaptivity / agility (the ability to rapidly change w.r.t. to rapidly changing conditions) and scalability - the ability to grow the organization to an even larger action. In other words, the effectiveness of the organization, or its “value per person” constantly goes down as you grow the organization.
Free markets on the other side are highly adaptive and getting better and better with scale, but they cannot generate alignment of interests (rather the opposite) and coherent action (beyond means of economic growth).
DAOs are a new form of association, based on crypto-economic incentive at the individual level that generate large scale cooperation at the collective behavior (akin blockchain itself but around any general goal/action).** They combine the effectiveness, adaptivity and scalability of free markets with the alignment and coherence of startups.
For that DAOstack provides a general platform for governance on the blockchain; a full stack for easy integration and interoperability of collaborative DApps; and specific novel protocols (which we call Holographic Consensus) for the scalable, effective and resilient (safe) coordination of any large number of people around any action.
The result is a new type of organization that becomes more and more effective as it grows (as much as the internet is, but that can organize around more general goal/action).
The value proposition is the ability of large crowds to self-organize very effectively and reach level of co-creation/action never seen before. For example, the ability to align the interests of thousands of open-source developers to work together on fixing the scalability problem of the blockchain.
There’s large body of materials that have recently went out (including papers, blogposts and videos/talks) and many more that will come out soon.
I hope that gives you a starting point, and you’re welcome to ask more questions (as concrete as possible) and I’ll do my best to give you the complete answers.