Editor's Introduction: After the metaverse was discussed many times, Web3 appeared and became the object of discussion for everyone, with a tendency to replace the "metaverse". Unlike the metaverse, most ordinary experience consumers can experience the new organizational forms represented by DAO, expanding the scope of participants. But what exactly is a DAO? This article summarizes and shares the feeling of experience from the perspective of product white.
True love is like a ghost, everyone is talking about it, but no one has actually seen it.
In a sense, it is not impossible to replace the "true love" at the beginning of this sentence with "Web3".
This year, Web3 has become a term that everyone is talking about, and there is a tendency to replace it with a "metacosm". But unlike the metaverse, most of which can only be a consumer and experiencer, the new organization and form represented by DAO and Play to Learn allow almost everyone to participate in the construction of the "next generation of internet".
I know that I have to do this, I must learn to swim, I should go into the water, and if I want to build an electric car, I must "dirty my hands" (Musk). Adhering to this concept, Geek Park's product student "Xiaobai", without speculating in coins and not understanding the blockchain, personally "went down" to experience what it was like to participate in DAO, and summed up his first-hand experience, and encouraged it with the students who were still watching.
01 What is DAO?
The first time I heard the term DAO was a content push about the Constitution DAO, that is:
"More than 17,000 unknown people, with the same mission, raised more than $40 million worth of Ethereum to participate in the auction of the first printed version of the U.S. Constitution, but the bid failed because the DAO's open and transparent nature leaked the bottom line of funds."
Web3 outsiders' first thought is "haha", second thought is "what is DAO", and third thought is "Whatever it is, this cannot be judged as an illegal fundraising in ZG".
Finally, colleagues gave a simple science popularization of DAO: a chain, decentralized autonomous organization, through smart contracts to keep running. For example, the bitcoin he is speculating on can be seen as a DAO.
This science popularization was too hard, and at that time, I listened to a table of words and thought that if the DAO was like this, would there be a mining disaster.
02 Really? I don't believe it
Unexpectedly, not long after the shallow DAO, because of the work, I actually needed to learn, observe and understand the DAO. In order to understand what is DAO, I checked the information in multiple search engines such as WeChat public account, Zhihu, Google, etc., and found that the "Bitcoin DAO theory" said by colleagues is also correct, but this is more technology-based DAO, and there are actually more people-based DAO, and the form of this kind of DAO will be more like a community than a technical product.
But either way, they all share the same characteristics: "decentralization, autonomy, openness and transparency, and revenue sharing." So I solved a problem, but I had more doubts about the DAO:
1. I found that the revenue sharing is almost always achieved through tokens issued within the DAO, and even some DAO also need to buy a token of its token when joining, but the price trend of the token is almost all head down, so is this a leek cutting? The workload is recorded in tokens, but the token has fallen so badly that "my" workload will be white piao?
(Because of the cryptocurrency thing, everyone's consensus is still in the establishment stage, some people do not believe, some people believe, but they do not fully believe, some people are true believers.) I am in the second stage, there is a consensus on large cryptocurrencies such as Bitcoin and Ethereum, but my colleague is a true believer, and after reading the DAO's revenue sharing system, I feel very reasonable, and let me not always pegge cryptocurrencies to fiat currencies, too web3. ）
2. To what extent can the so-called "openness and transparency" be achieved, and the core questions such as how much money does the DAO make, how to divide the money, and how much is divided per person?
3. Can "decentralization" and "autonomy" really be realized? In this situation of no centralized operation, can the development of the organization be promoted efficiently?
03 Into Science (DAO Edition)
These questions I found difficult to answer by looking up information alone, so I wanted to join some mature DAOs to see how they did it. BanklessDAO, SeeDAO, RayakiDAO, these relatively mature DAO organizations, here is limited by space reasons, I mainly talk about my Chinese DAO "SeeDAO" in some of my observations and feelings.
About SeeDAO:
SeeDAO
- Mission: To help all adventurers who aspire to start a career at Web3.
- Number of people: 8600+
- Founded: 2021.11
- Development path: Based on the web 3.0 content production practice, the predecessor company CryptoC has formed a community dedicated to exploring better production relationships for content creators and consumers after linking many content creators, project parties and investors. The community began to gradually develop a dao launch plan in 2021, culminating in the announcement of SeeDAO in November 2021.
- Funding: Completed Series A financing at a valuation of $30 million at the end of January 2022
- Token Issuance: 1 billion Tokens are ready to be issued
*The above information is collected and sorted by the author himself, if there is an error, please contact to modify
When I joined SeeDAO's Discord server, I first saw a lot of channels lined up on the left side of the Discord, including various public facilities in the DAO (beginner guides, social plazas, etc.), recent events, projects, etc.
Guided by the beginner orientation process, I joined SeeDAO's Translation Guild.
The Translation Guild is an important content production point within SeeDAO, one of the main work contents is to translate overseas high-quality Web3 articles and publish them on the official account to help more people understand Web3, and at the same time attract more people to join SeeDAO through content output.
According to this work, the guild has set up a number of positions, such as sources, translators, reviewers, etc., sign up for the post assessment, after passing the post can be put on the job, the current guild working group has nearly a hundred people, feel the working atmosphere in the translation guild.
I originally wanted to try to accept the assessment to join the translation team to try, but found that the assessment has very high requirements for the applicant's translation experience, translation direction, number of works, etc. My daily machine translation + manual modification level can not pass the assessment at all.
It seems that the participants who can work for SeeDAO are themselves highly professional, and it is unlikely that they will want to mix some wages in it. I think this is also the reason why the content output by SeeDAO can maintain a high quality, and I have learned a lot from the articles shared by the SeeDAO public account in the process of exploring DAO.
The contribution value of these team members is openly and transparently recorded in the Notion of the guild, and the guild administrators will regularly accumulate according to the workload to issue poAP certificates that can be airdropped in the future to seeDAO tokens.
Here I seem to understand the DAO participants' views on the workload and tokens: tokens are a recognition of "my" workload by the DAO, and "I" am willing to work hard for the DAO to become better, even if it is temporarily bai piao (SeeDAO has not yet issued tokens), because there is a higher level of link between "I" and the DAO than the contract, that is, "consensus", which is "I" agree with the mission and vision of the DAO. If the DAO can grow better and produce a higher value, then perhaps the token can give back to "me" a surprise.
In addition to the transparent salary of the contributors, other information such as the minutes of the guild's weekly meetings, such as the projects within the DAO, the budget application of the guild, the opinions of DAO members, I can find in the DAO's Notion or forum, and even how SeeDAO will distribute tokens in the future has been announced to everyone. I realized that "openness" is not just 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 have a large number of actual outputs, and the atmosphere of the entire DAO is full of vitality and vitality, and a new xiaobai, even if he does nothing, can also benefit from the historical output content of the DAO.
But I also feel that SeeDAO is still on the road of exploration in terms of "decentralization" and "autonomy". SeeDAO has a "Coordinating Committee", which is a body similar to a Standing Committee, most of which are members of SeeDAO's predecessor companies, which are the main driving force behind the development of the DAO. It's hard to say whether this 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 Conference is officially held, a re-election of the Coordination Committee will be held to encourage more DAO participants to join.
04 Everyone has their own DAO
Although SeeDAO opened my eyes to understand what it was like to experience in a relatively mature DAO, the "aha time" that really made me feel the DAO was a DAO called Seeker that I learned about in SeeDAO's white paper contest.
A brief introduction to SeekerDAO, a DAO with the mission of "helping women in the workplace", wants to support women in the future by "creating a rating library for women-friendly companies", "women's workplace mutual aid", "women's emotional help", etc.
I read their white paper, and although it was very rudimentary, after learning about the DAO's mission and what it wanted to do, it immediately resonated with me and identity (maybe that's the consensus formation), and I thought it was really great to have Web3, and there was a DAO organizational form!
Because what SeekerDAO wants to do cannot be completed by the strength of one person or several people, it requires many women to use their time and energy to promote together. So is it okay to operate centrally in the form of a traditional company? It will definitely start, but the final result does not belong to every user, but is reduced to a tool for some people.
For example, the idea of the company's score library, in the past, there was a similar function of the "Look at app", the corresponding function has been deleted, the historical evaluation content contributed by the user has also been cleaned up, and the evaluation library created by the user does not belong to the user in the end.
The DAO is an organizational form that can solve the problem for SeekerDAO very well: first of all, it can gather manpower and resources based on "consensus", and everyone can contribute money and experience together, and gather everyone's strength to do things that one person can't do. Secondly, the results of the DAO can be enjoyed by every participant, and it also belongs to every participant, and the 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 becomes more widely recognized by women, more and more, the value of SeekerDAO's tokens may also become higher and higher. Needless to say, I have contacted the SeekerDAO sponsor and would like to join in and contribute.
Each of us has a lot of labels, women, men, entrepreneurs, investors, console game enthusiasts, LGBT, etc., and I think based on these labels, each of us can find one or more DAO that makes us have both identity and mission identity, and dao that will make us feel "aha".
We're also wondering if there's a possibility of combining this form of organization with the park's business, such as launching our own founder DAO, bringing together this group of people with the same "entrepreneur" label, finding our common mission, and doing things together that we can't do with our current centralized operations.
Although the DAO itself is still in a state of "practice and exploration", there are some problems that cannot be solved for the time being, but it does not prevent it from developing and growing vigorously (including the enthusiasm of capital).
Perhaps it could finally become a problem solver of the traditional Web2 cooperative model, a new paradigm of organization for the Web3 world, and a future digital communist cooperative.
Author: Zhao Ya, Editor: Jing Yu; Public number: Geek Park (id: geekpark)
Link to the original article: https://mp.weixin.qq.com/s/mVTmLMpWzw5QUmTm8jxScQ
This article is published by @Geek Park with permission from Everyone is a Product Manager. Reproduction without permission is prohibited.
The title image is from Unsplash, based on the CC0 protocol