16. Jack Du Rose - Colony, DAOs & Oligarchs

Jack is founder of Colony, who are building organisations for the internet.
Jack has always been magnetised by technology and its ability to create something new. He is well-known for his work in fine jewellery, where he used 3D printing technology to create some of most expensive pieces of art ever made. One notably was a diamond encrusted skull, selling for 100 million USD.
As the years went by, Jack got tired of attending fancy parties with Russian oligarchs. He was an artist, not a salesman and this cognitive dissonance lead him to be miserable. After being offered a blank cheque to effectively sell his soul, he was truly at crossroads.
It was this ultimatum that lead him to think of a way to align incentives so that he could focus on his art whilst others dealt with the business side. This lead him to found Colony, which effectively had a DAO structure before the term was coined. He then realised that if he could apply this to his thing, he could apply it others, with a generalised approach.
This is just one of many gems Jack reveals in this episode.
Join this Koji Conversation, with Jack Du Rose.
Join the Conversation:
Find Jack on Twitter: @jackdurose
Jewellery: https://www.pinterest.com.au/sovanlo/jack-du-rose/ (https://www.pinterest.com.au/sovanlo/jack-du-rose/)

Twitter: @koji_capital

Website: koji.capital

Email: [email protected]

Hosts: @Jack_Kji and @David_Kji

Discord: https://discord.gg/MThFGFfuRa (https://discord.gg/MThFGFfuRa)

Jack is founder of Colony, who are building organisations for the internet.

Jack has always been magnetised by technology and its ability to create something new. He is well-known for his work in fine jewellery, where he used 3D printing technology to create some of most expensive pieces of art ever made. One notably was a diamond encrusted skull, selling for 100 million USD.

As the years went by, Jack got tired of attending fancy parties with Russian oligarchs. He was an artist, not a salesman and this cognitive dissonance lead him to be miserable. After being offered a blank cheque to effectively sell his soul, he was truly at crossroads.

It was this ultimatum that lead him to think of a way to align incentives so that he could focus on his art whilst others dealt with the business side. This lead him to found Colony, which effectively had a DAO structure before the term was coined. He then realised that if he could apply this to his thing, he could apply it others, with a generalised approach.

This is just one of many gems Jack reveals in this episode.

Join this Koji Conversation, with Jack Du Rose.

Join the Conversation:

Find Jack on Twitter: @jackdurose

Jewellery: https://www.pinterest.com.au/sovanlo/jack-du-rose/

Twitter: @koji_capital

Website: koji.capital

Email: [email protected]

Hosts: @Jack_Kji and @David_Kji

Discord: https://discord.gg/MThFGFfuRa