Ventures artwork

Decentralized Autonomous Organization (DAO) operations and logistics on DAOHaus :: with Alex Zub and Spencer Graham

Ventures

English - January 18, 2022 20:00 - 49 minutes - 33.7 MB
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In this episode of Ventures, my guests Alex Zub (https://twitter.com/theAlexZub), Spencer Graham (https://twitter.com/spengrah), and I talk about the details of day-to-day “DAO life” on DAOHaus (https://daohaus.club/). We talk specifically about how Raid Guild (https://www.raidguild.org/) - a services DAO - manages proposals, escrow, billing, and bridges to the traditional finance system. We also talk about short-term and long-term financial incentives for DAO founders/participants, how DAOs can quickly raise funds and manage risk/assurance/trust, and how newcomers to DAOs can/should think about how to participate to create maximum value for themselves and their communities.

Visit https://satchel.works/@wclittle/ventures-episode-80 for detailed notes and links to resources (videos, articles, etc…) mentioned. 

You can watch this episode via video here.   

2:38 - Background and tee-up for the conversation; Alex has a bunch of questions about Raid Guild and we figured we’d record it for everyone’s benefit.

3:20 - Alex intro / background (full-stack engineer, turned management)

5:50 - Spencer’s description: “What is a DAO?” (From “group chat w/ a bank account” to more) - plus, information about how Raid Guild splits their revenue (90% to team, 10% to treasury)

11:08 - Is there a founder of Raid Guild? How did the letting go of control happen? How did Raid Guild Start?

13:04 - Showing the dashboard of the Raid Guild DAO on DAOHaus

14:49 - When someone new joins, does that create new shares?

16:30 - Seeing the list of members in Raid Guild

17:30 - Is there such a thing as a partial rage quit? (i.e. sell part of his shares).

18:14 - What are all the types of proposals that people can propose in DAOHaus DAOs?

20:50 - Smart escrow https://smartescrow.raidguild.org/ 

22:25 - How does a proposal outcome get enforced / QA control?

23:02 - Guild kick (booting someone out)

23:40 - Assurance for client and service provider via escrow-type services on-chain

24:12 - Smart invoice https://smartinvoice.xyz/ 

26:39 - Court on-chain (LexDAO, Kleros Court, etc..)

29:20 - How to deliver a project w/ scope in tranches using Smart Invoice

31:34 - Advantage of a service DAO, Raid Guild in particular. 

33:35 - Long-term economic incentives for moloch-type DAO participants.

36:55 - What are loot shares?

37:29 - If a DAO decides to allow their shares to be transferable - the peg to a specific value would go away.

40:20 - Besides pegging a token to governance, what other types of tokens are there? https://satchel.works/@wclittle/a-primer-on-blockchains-protocols-and-token-sales  (Utility token, work token, etc…)

42:45 - Yeeting (easy way to raise funds for a DAO) → https://twitter.com/nowdaoit/status/1483463413464502277 

44:20 - Off-chain to on-chain bridging - web3 to traditional - does Raid Guild work w/ “off-chain” customers?

46:11 - Off-chain operations for raid guild via a standard reimbursement policy 

47:00 - Where can people find Alex and Spencer to continue the conversation?  https://twitter.com/theAlexZub & https://twitter.com/spengrah 

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