Should Social.coop start a DAO?
One of the things I'm most hopeful for about Social.coop is that it might continue to be a testbed for new experiments in cooperative technology. Already we have the first (that I know of) cooperative instance of Mastodon and are a pioneering example of a Virtual Coop. Here's another opportunity.
Ori Shimony of the blockchain-based tech co-op Dorg has offered to set up a DAO (distributed autonomous organization) for Social.coop with their technology. This could be an alternative mechanism, alongside our existing mechanism, for members to join and participate in Social.coop. Ori writes:
For social.coop, I could launch a simple DAO with any interested participants as equal voting members. Then they could vote on proposals to add new members, and manage any funds that were put in the DAO. We could start on testnet so that no one has to purchase any ETH. I’m not sure if that will be of interest to a group that’s not actively managing funds, but let me know what you think.
We are actually actively managing funds:)
What do y'all think?