The DAO was an Ethereum based smart contract that raised over $160 million in 2016. Developers have been looking for ways to recreate the success of this project, using similar frameworks and ideas. The 2018 Web3 Summit saw some new projects being announced with potential for significant impact on gaming as well as other industries.
DAOnload is a platform that helps developers break the patterns of their existing projects and create new ones. It’s a great tool for those who are interested in learning more about web3. The “top web3 games” is an interesting article to read because it talks about the top web3 games that have been released so far.
Is it possible to have a leadership component in a DAO that is both decentralized and autonomous? Most likely not in the usual meaning of the word. DAOs will not be a simple way to rearrange the community and job organization. As many of us attempt to escape previous habits, it will need a considerable adjustment in mentality.
Mistakes, failures, and ground-breaking breakthroughs will all be on display. One may claim that Web3 is one of the key revolutions of human civilization that deserves notice. I’ve included a simplified historical tale for background. Hunter-gatherers followed the seasons to where there were plentiful supplies. They created dwellings and towns when they found out how to cultivate. The population grew as a result of the constant food supply, resulting in rising demand for products.
The rise in demand prompted the development of new procedures and the expansion of factories. Humans gained new abilities and views as they progressed through each of these social processes, which helped them manage their current reality and prepare for the future version.
Leadership & DAOs
Leadership is an important issue for DAOs since it has been intertwined into all areas of mankind from the hunter-gatherer era. The group’s next step was most likely decided by an elder or one of the stronger hunters. Since then, we’ve seen many different types of leadership, with the majority of them using a top-down approach. The essential building elements of DAOs, as we described in A Measured Sense of Belonging, are based on well-known philosophical notions.
Keeping with our pattern-breaking approach, leadership is typically thought to be a hierarchical system in which a single message established at the top is spread across an organization’s levels, with non-compliance leading to termination. DAOs provide a unique chance to rethink leadership in a totally different way.
Microsolidarity is a project that investigates group dynamics and leadership. More precisely, it is a community-building effort led by Richard Bartlett and a group of partners that is focused on a feeling of belonging. It imagines leadership as hospitality, with a host-guest connection replacing the traditional boss-employee relationship.
This notion may seem too accommodating and ineffective when compared to the ingrained kind of leadership to which we are used. It may seem that using the inquisitive character of a beginner’s mind is the key to holding room for the superpowers of individual DAO contributors.
Leadership in Full Circle
In 2016, one of Bartlett’s collaborators, Alanna Irving created a framework called Leadership in Full Circle that explores this concept in more depth. The visionary and operational personas show an oscillating energy between divergent thinking and convergent thinking, which is applicable to how innovation turns into execution. There is a similar thread within the inner workings of many DAOs.
A group of individuals gathers around a shared subject and brainstorms methods to bring that concept to life. At some point, the team must decide on the best ideas for carrying out the activation. Is it possible to use Irving’s framework to DAO structures? Let’s have a look at it in more detail.
Imagine a spider attempting to perceive the vibration of anything on their web as the input to this cycle. First and foremost, this activity need the availability of space. Specifically, an overbooked schedule with free-thinking time. An sympathetic approach and an interdisciplinary attitude are also beneficial at this point. This initiative is led by the visionary character.
INQUIRE – This is when the hospitality notion comes into play. A DAO might genuinely draw into the capabilities of its individual participants by investigating with pure curiosity and relinquishing expectation. The DAO’s core contributors might identify and boost certain skill sets of additional community members at this level of interaction. This initiative is led by the visionary character.
ENVISION — DAOs frequently talk about leadership as a spectrum, and this may be the point at which the visionary persona starts to share little bits of leadership with the operational persona. Consider how the metaphorical torch may be divided down into individual particles and shared by both personalities. Big concepts are unpacked and organized into bite-sized morsels in this section.
PROTOTYPE — Starting with a proof-of-concept, the notion evolves into a workable solution. The operational persona, who has a tinker mentality and enjoys creating things from the bottom up, takes over more of the leadership spectrum from the visionary persona.
EVALUATE — At this step, the DAO might consider using an objective technique to assess the solution’s practicality and fit. The community might use this framework to evaluate the proof-of-concept to the big idea and its alignment with the DAO’s common theme.
OPERATIONALIZATION — Following feedback from the wider group, the leadership spectrum swings even further to the operational persona, allowing the visionary persona to concentrate on the next concept. During this phase, any coordinated technical construction would take place.
MAINTAIN — After launch, here might be where the DAO’s autonomous features begin to show themselves. If the concept and execution are excellent enough, the DAO may explore introducing self-sustaining operational mechanisms, allowing the operational persona to concentrate on the next project.
OPTIMIZE – The operational and visionary personas work together to investigate new efficiencies and features to enhance or integrate this project into others.
Breaking established leadership patterns in general is the first step in understanding leadership in the context of a DAO. It wasn’t nice when early attempts to describe the subatomic world clashed with classical physics. When inquiring minds give evidence of a possible new way of thinking, legacy frameworks get agitated and divided.
We need to think differently if we want things to change. DAOs highlight the need for a new leadership structure to be considered. We’ll witness some incredible experiments, significant failures, and unexpected successes during the next five years. The good news is that we can all learn something from them.
The “web3 report” is a new DAOnload tool that will help developers break patterns in their code and find out what makes them work. This can be used to find the cause of bugs and other problems.
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