Earlybirds Invest (@earlybirdsinvest.bsky.social)

An Introduction to Futarchy One of the more interesting long-term practical benefits of the technology and concept behind decentralized autonomous organizations is that DAOs allow us to very quickly prototype and experiment with an aspect of our social interactions that is so far arguably falling…

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An Introduction to Futarchy One of the more interesting long-term practical benefits of the technology and concept behind decentralized autonomous organizations is that DAOs allow us to very quickly prototype and experiment with an aspect of our social interactions that is so far arguably falling behind our rapid advancements in information and social technology elsewhere: organizational governance. Although our modern communications technology is drastically augmenting individuals' naturally limited ability to both interact and gather and process information, the governance processes we have today are still dependent on what may now be seen as centralized crutches and arbitrary distinctions such as "member", "employee", "customer" and "investor" - features that were arguably originally necessary because of the inherent difficulties of managing large numbers of people up to this point, but perhaps no longer. https://earlybirdsinvest.com/an-introduction-to-futarchy/?utm_source=bluesky&utm_medium=jetpack_social