True love is like a ghost, everyone talks about it, but no one really sees it.

In a sense, it is not unreasonable to replace the “true love” at the beginning of this sentence with “Web3”.

This year, Web3 has become a term that everyone is discussing, and there is a tendency to replace it with the “metaverse”. However, unlike the Metaverse, most of them can only be consumers and experiencers. The new organization and form represented by DAO and Play to Learn allow almost everyone to participate in the construction of the “Next Generation Internet”. .

If you want to learn to swim, you should go into the water. If you want to build an electric car, you need to “get your hands dirty” (Musk’s words). Adhering to this concept, “Xiao Bai”, a product classmate of Geek Park, who did not speculate on coins and did not understand blockchain, personally “went out” to experience what it was like to participate in DAO, and summed up his first-hand experience. Come out and share it with your classmates who are still watching.

01 What is DAO?

The first time I heard the term DAO was a content push about the Constitutional DAO, that is:

“More than 17,000 strangers, with the same mission, raised more than $40 million worth of Ethereum and participated in the auction of the first printed version of the U.S. Constitution. As a result, the DAO’s openness and transparency leaked the bottom line of funds, causing the auction to fail.” this matter.

The first thought of Web3 outsiders is “haha”, the second thought is “what is a DAO”, and the third thought is “no matter what it is, this should not be sentenced to illegal fundraising in ZG”.

Finally, my colleagues gave a brief introduction to DAO: an on-chain, decentralized autonomous organization that keeps running through smart contracts. For example, the Bitcoin he is speculating can be regarded as a DAO.

This popular science is too hard. At that time, I listened to what I said, thinking if DAO is like this, there will be a mining accident.

02 Really? I do not believe

Unexpectedly, not long after the shallow DAO, because of work reasons, I actually need to study, observe and understand DAO. In order to understand what DAO is, I checked the information on WeChat public account, Zhihu, Google and other search engines, and found that the “Bitcoin DAO theory” my colleague said was correct, but it was more inclined to be based on technology. In fact, there are more people-based DAOs, and the form of such DAOs will be more like a community than a technical product.

But no matter which one they are, they all have common characteristics: “decentralization, autonomy, openness and transparency, and revenue sharing”. So I solved a problem, but created more doubts about DAO:

1. I found that revenue sharing is almost always realized through the tokens issued in the DAO, and even some DAOs need to buy a sum of its tokens when joining, but the price trend of the tokens is almost always the same. It’s head down, so is it cutting leeks? Use the token to record the workload, but the token has dropped so much, will “my” workload be white piao?

(Because of the cryptocurrency, everyone’s consensus is still in the establishment stage, some people don’t believe it, some people believe it, but they don’t fully believe it, and some people really believe it. I’m in the second stage, and I’m in the second stage. There is a consensus on big cryptocurrencies like Fang, but my colleague is really convinced. After reading DAO’s revenue sharing system, it feels very reasonable. He also told me not to always link cryptocurrencies to fiat currencies. It’s not Web3.)

2. To what extent can the so-called “openness and transparency” be achieved? Core issues such as how much money DAO earns, how to share the money, and how much each person shares, can this be said?

3. Can “decentralization” and “autonomy” really be realized? In this situation without centralized operation, can the development of the organization be effectively promoted?

03 Into Science (DAO Edition)

I found it difficult to answer the above questions just by looking for information, so I wanted to join some mature DAOs to see how they did it. BanklessDAO, SeeDAO, and RayakiDAO are relatively mature DAO organizations. Due to space limitations, I mainly talk about some of my experiences and feelings in the Chinese DAO “SeeDAO”.

Introduction to SeeDAO

SeeDAO

• Mission: To help all adventurers who want to start a career in Web3.

• Number of people: 8600+

• Established: 2021.11

• Development Path:

The predecessor company CryptoC is based on the Web3.0 content production practice. After linking with many content creators, project parties and investors, it has formed a community dedicated to exploring better production relations for content creators and consumers. The community began to gradually formulate the DAO launch plan in 2021, and finally announced the establishment of SeeDAO in November 2021.

• Financing: At the end of January 2022, the Series A financing will be completed at a valuation of US$30 million

• Token issuance:

Prepare to issue 1 billion Tokens

*The above information is collected and organized by the author. If there is any error, please contact us for revision.

When I joined SeeDAO’s Discord server, I first saw that there are many channels on the left side of Discord, including various public facilities in DAO (novice guide, social square, etc.), recent events, projects, etc.

I joined SeeDAO’s Translator Guild under the guidance of the novice onboarding process.

The Translator Guild is an important content production point in SeeDAO. One of the main tasks is to translate overseas high-quality Web3 articles and publish them on the official account to help more people understand Web3 and attract more people to join SeeDAO through content output.

According to this work, the guild has set up a number of positions, such as source, translation, proofreading, etc., sign up for the post assessment, and you can work after passing the job. At present, there are nearly 100 people in the working group of the guild. work atmosphere.

I originally wanted to take the assessment and join the translation team, but it turned out that the assessment has very high requirements on the applicant’s translation experience, translation direction, number of works, etc. My daily machine translation + manual editing level is not enough Can’t check.

It seems that the participants who can work for SeeDAO are highly professional, and it is unlikely that they want to mix wages in it. I think this is also the reason why SeeDAO’s external output can maintain a high quality. In the process of exploring DAO, I also learned a lot from the articles shared by the SeeDAO public account.

The contribution value of these working group members will be recorded openly and transparently in the guild’s Notion, and the guild managers will regularly accumulate according to the workload, and issue POAP, a certificate that can be airdropped SeeDAO tokens in the future.

Here I seem to understand the DAO participants’ views on workload and tokens: tokens are DAO’s recognition of “my” workload, and “I” is also willing to work hard for DAO to become better, even if It was temporarily dismissed (SeeDAO has not issued tokens yet), because there is a higher-level link between “me” and DAO than the contract, which is “consensus”, which is “me”‘s approval of DAO’s mission and vision. If the DAO can develop better and the output value is higher, then maybe this token can give “me” a surprise.

In addition to the transparency of contributors’ salaries, other information is as small as the minutes of the guild’s weekly regular meeting, as large as the DAO projects, the guild’s budget application, and the opinions of the DAO members, which I can find on the DAO’s Notion or forums. Even how SeeDAO’s tokens will be distributed in the future has been announced to everyone. I realize that “transparency” is not just a talk within the DAO.

It is not difficult to see from the number of application proposals for the budget that the ten guilds within SeeDAO have incubated many interesting projects and produced a lot of actual output. The atmosphere of the whole DAO is full of vitality and vitality. A newly joined Xiaobai, Even if you do nothing, you can benefit from the DAO’s historical output content.

But I also feel that SeeDAO is still on the road of exploration in terms of “decentralization” and “autonomy”. There is a “Coordination Committee” within SeeDAO, which is an organization similar to a standing committee, most of which are members of SeeDAO’s predecessor companies, and are mainly promoting the development of DAO. It is difficult to say whether it is “centralization” or “decentralization”. Maybe this is a matter of degree, not just two extreme endpoints. However, SeeDAO also promised that when the first All DAO General Assembly is officially held, a re-election of the Coordination Committee will be held to encourage more DAO participants to join in.

04 Everyone has their own DAO

Although SeeDAO opened my eyes and understood what the experience of a relatively mature DAO would be like, but what really made me feel the “aha time” of DAO was in the SeeDAO white paper contest, which I learned about A DAO called Seeker.

Briefly introduce SeekerDAO, which is a DAO with the mission of “providing women’s workplace help”. In the future, it wants to “create a female-friendly company rating database”, “women’s workplace mutual assistance”, “women’s emotional mutual assistance” and other methods to help women. Women provide support.

I read their white paper, although it is very simple, but after understanding the mission of DAO and what it wants to do, it immediately arouses my resonance and identity (perhaps this is the formation of consensus), and I feel that there is a Web3 , it’s really nice to have DAO’s organizational form!

Because what SeekerDAO wants to do cannot be accomplished with the strength of one person or a few people, it requires many women to use their own time and energy to jointly advance. Is it possible to conduct centralized operations in the form of traditional companies? It can definitely be started, but the final result does not belong to every user, but becomes a tool for some people.

For example, the idea of ​​the company’s rating library, the “Spotlight APP” with similar functions in the past, the corresponding function has been deleted, and the historical evaluation content contributed by the user has also been cleaned up. The evaluation library created by the user does not belong to the user in the end.

The organizational form of DAO can solve problems for SeekerDAO very well: first of all, it can gather manpower and resources based on “consensus”, everyone contributes money and experience together, and gathers everyone’s strength to do things that one person can’t do. Let’s do it. Secondly, the results of DAO can be enjoyed by every participant, and it also belongs to each participant. A single party cannot decide the right to use the results, and everyone’s labor success can be protected.

Finally, SeekerDAO may issue tokens in the future, and as the value of SeekerDAO gains more and more recognition from women, the value of SeekerDAO’s tokens may also increase. Not to mention, I have contacted the SeekerDAO sponsor and want to join and contribute.

Each of us has many labels, female, male, entrepreneur, investor, console game enthusiast, LGBT, etc. I think based on these labels, each of us can find one or more, which gives us an identity , and a DAO with mission identity, which will make you feel like a DAO of “aha”.

We are also thinking about the possibility of combining DAO with the park’s business, such as launching our own entrepreneur DAO, bringing together this group of people with the same “entrepreneur” label, and finding our common ground. Mission, to do something together that cannot be done with our current centralized operations.

Although the organizational form of DAO itself is still in a state of “practice and exploration”, there are some temporarily unsolvable problems, but it does not prevent it from developing and growing vigorously (including the popularity of capital).

Maybe it can finally become a problem solver for the traditional cooperative model of Web2, a new organizational paradigm for the Web3 world, and a future digital communist cooperative.

This article is reprinted from: https://www.geekpark.net/news/306484
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