SeeDAO

On May 2, 2022, the U.S. District Court for the Southern District of California ordered the Decentralized Autonomous Organization (DAO) using the bZx protocol, two co-founders of the DAO, and two limited liability companies that invested in the DAO and participated in its governance ( LLC) and several other related entities filed a class action lawsuit. Unlike traditional corporations and other limited liability entities, DAOs theoretically do not have a centralized leadership structure. Rather than relying on top-down management, DAOs operate on terms encoded in smart contracts, which are deployed on a blockchain ledger. In addition, DAO does not have a strict power hierarchy. With tokens, you have voting rights. One token is equal to one vote. DAO participants with voting rights are usually regarded as "equal."

I'm becoming more and more obsessed with thinking around the various fundamentals of Web3. As a person with a builder's mindset, I believe that blockchain will become an infrastructure technology for the next wave of Internet innovation, with unlimited potential (perhaps optimistically). But for the general public, there's still a lot of education and recognition work to be done. Sadly, in a field where scams and scams occur every day, credibility is in short supply.

This highlights the need to fully simplify Web3 entry. As builders, our goals should be to: 1. Increase the inflow of new users and 2. Maintain ongoing participation in the space. Instead of shutting out the curious, we “believers” should let them join us in our mission to transfer value from the tech giants to independent creators. Our role is to make Web3 more approachable so that we can broadly win the trust of new people.

Introduction: From Babylon to Boston, cities have been centers of economic growth and cultural activity. Cities bring people from all over the world to live together, explore new ideas, and interact in new ways. The shape of cities is often shaped by technological change—whether it's the discovery of new resources (which led to the development of early trade routes and ports in ancient Babylon) or the acquisition of new energy sources (which gave rise to countless factories in Boston during the Industrial Revolution)— The history of a city is the history of technological innovation.

Our world is becoming more and more digital, and cities are starting to transform. But the next generation of cities won’t be built of wood, bricks or steel. This time, cities will be built from code.