[ExI] The Extropian Decentralized Autonomous Organization

[Dave Sill]

On Thu, Oct 22, 2020 at 12:38 PM JF via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

> As mentioned in a previous post, it would be interesting to put together
> an Ex-DAO. I assume the DAO would fund certain missions that could push the
> Extropian narrative globally for people who want to contribute and have a
> voting stake in these narratives. Once created, it's totally up to the DAO
> to do what it wants. Each user must stake to enter the DAO, and in return,
> they receive voting rights. They may at any point burn their voting rights
> as a percentage of the money in the current vault, so at any point, you may
> leave if you don't like the direction of the DAO. Personally, I think this
> would make this chat a bit more interesting and put some action to some of
> the news topics we discuss. Maybe we start becoming part of the news?
>
> Is anyone actually interested in this? How much money could we
> realistically raise? I have some experience in the setup of this and it
> doesn't take much to put together.
>

I'm interested. I just don't have a feel for what it would be used for. If
it requires a lot of money to do anything useful, that would undoubtedly
make it harder.

-Dave
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