From appcoins to futarchy driven DAOs

1. DAOist History

2. Who am I
- Former Cloud Computing (Salesforce) Software Architect turned
Blockchain architect
- Famous for inventing/introducing several key concepts including
“cryptoequity” and “decentralized organizations.” Run several key prototypes
of these concepts.
- Run a decentralized expert network keeping up to the state of art of major
technological trends (Blockchain, AI, Machine Learning).

3. Who am I
know 4-11 languages
Masters in Daoist philosophy
Also studied political history more generally
Also working on “Magic Internet Money” album
Jack of all trades

4. D-DARPA

5. D-DARPA goals
tracking state of art building prototypes

6. • Arc 1 : App coin -> Cryptofuel
• consumable, network use
• has associated DAPP
• Examples
• problems
• bitcoin solution is a bit chunky
• cuts into revenue
From Appcoin to Cryptofuel

8. • Scams
• Things that are illegal
• Thing that Bitcoin nerds really like (e.g. Bitcoin
comics)
Bitcoin Crowdfunding. What
is it good for?

9. • Designed as a proto-DAO
• Voting on major decisions
• Couldn’t cross the chasm
This Swarm thing

10. Problems
• Uncertain legal status (Stiftung anyone?)
• Hard to establish value of tokens
• Possibly eating future revenues
• No clear accountability
• Formal governance structures add cost
• Informal agreements are often not enforcable

11. DAOS
• Democracy DAO
• slock.it
• Modular DAO
• boardroom
• bitnation
• Autonomous DAO
• futarchy

12. Who cares?
• Honestly, no one.
• But actually
• Illegal things -> yes people will do this
• Well… actually. No one cared about ether either.
• Except us.

13. Why Ether?
• Engage technologically savvy crowd.
• Stacked incentives (make the world a better
place + make money).
• Would not have succeeded with any traditional
model.

14. Why DAOs?
• Engage technologically savvy crowd.
• Stacked incentives (make the world a better
place + make money).
• Projects that would not have succeeded with
any traditional model.

15. Where next?
• Functional prototypes moving into enterprise
SaaS products
• Finding place in “Exponential Organizations”
• Internal incentives inside of companies for
innovation

16. Where this gets cool
• Replace corporation
• Full stack automation. DAOS for smart things.
• Autonomously evolving (like Conway’s game of
life)