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2 Lessons From The Early Years Of Impact DAOs
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This story was originally published on HackerNoon at: https://hackernoon.com/2-lessons-from-the-early-years-of-impact-daos.
Impact DAOs are a new paradigm, which is not immune to mistakes. We look into the mistakes of 2 early impact DAOs to learn.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #daos, #fundraising, #crypto, #nfts, #web3, #cryptocurrency, #governance, #finance, and more.
This story was written by: @feyd. Learn more about this writer by checking @feyd's about page, and for more stories, please visit hackernoon.com.
Impact DAOs are a new paradigm, which is not immune to mistakes. We look into the mistakes of 2 early impact DAOs to learn. FreeRoss DAO ceased operation after it was deemed it was bringing more harm than good to Ross Ulbricht - a DAO that should have never existed. UkraineDAO made a public promise and then went back on it, with journalists finding more reasons for suspicion.
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