I started creating a DAO last week, before I came across Urbit. I was interested in a DAO that specialised in mental health and I went as far as to create a smart contract for the DAO on Ethereum. I then began to ask myself all sorts of questions about how this DAO would work, such as:
- Will the DAO have a token of value (separate from the DAO token itself)?
- How will people become part of the DAO (onboarding)?
- How will people leave the DAO (exiting processes)?
- How will people vote?
- Will there be one vote per person or more?
- Will the DAO allow further minting of value tokens (inflationary token)?
- Will the DAO allow burning of value tokens (deflationary token)?
- What will be defined as mental health projects (my perspective is that mental health includes exercise and nutrition)?
- Will there be a direct relationship between the DAO token and the value token?
This was the start of my questions. Many more followed.
As I considered these things, I listened to a Coin Market Cap Podcast about Urbit found here. That discussed Urbit generally. I was getting interested. Then I read about Urbit’s recent emphasis on DAOs here. My interest in Urbit grew, as I imagined multiple use cases – including DAOs.
So, what happens next? The research starts.
Gerald Lee Jordan, MBA, MEd, MCouns
~sonnux-polsul
