DAOs

In the legacy world, many public goods (if they are maintained at all) are bundled into a handful nation-state government. In the digital world, public goods can be unbundled into many DAOS that interoperate with one another

ImpactDAO

A DAO is a Decentralized Autonomous Organization; some DAOs are like global companies. Some are protocols. All of them use blockchains as a trust anchor.

Multisig Wallets - Multisig wallets allow a group of n people to control the actions of a cryptocurrency wallet if m of the n people agree on a single transaction, on a transaction by transaction basis.

Worker co-ops - A co op is a group of workers who have united to meet their common needs and operations through a jointly owned enterperise. Co-ops have been around for a while, but what is new in web3 is the opportunity to allow them to hit webscale or go global.

Data co-ops - A group organized for sharing pooled data from online consumers between two or more companies. Within a data co op, members offer their data to the collective - which creates an opportunity for more economic leverage for the sale of one’s data than any individual collective member could have..

ImpactDAOs can stack

Each ImpactDAO benefits from all the stacked ImpactDAOs supporting their work.

Scalability: ImpactDAO stacking is how growth compounds, momentum builds, and regenerative cryptoeconomics eventually becomes inevitable.

Each DAO had its own mission, goals, and focus and tightly curated culture.

- pluralism: skin to biodiversity. The more pluralism there is across an ecosystem, this creates more antifragility as it grows.

- expressivity: eg the collection of primitives available should be reach enough to allow actors to express organizations we've not thought of yet.

- simplicity/legibility: individual primitives should be relatively simple, you can combine them into more complex assemblages.

- standardization: a sufficiently large library of legible primitives that you can almost always find a known simple/legible component that meets your needs, will accelerate innovation.

- modularity/composibility: this comes pretty naturally from simplicity and standardization, and assuming you collection of primitives is sufficiently expressive you can create assemblages that do just about anything.

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