Diana Chen (Founder Rehash) talks about experimenting with DAOs. Specifically, DAOs that use NFTs to govern and/or gate their community. She shows examples from podcasts like Rehash and Mint, which have both released podcast NFTs for purchase, as well as up-and-coming DAO communities that have experimented with some novel ideas over the last year, such as Rehash and Newt (Aave). She also highlights both the successes and failures of these experiments and shares an analysis of why certain experiments have succeeded while others have failed. The talk concludes with an actionable game plan that DAO contributors can follow if they’re interested in experimenting with their NFT-driven DAO.
This is an important topic to include at ETH Denver 2023 because there is no better time than a bear market to experiment. Everything is low(er) stakes, which makes it less scary and disastrous to experiment and fail. This is the best time for us to try new things and learn from our wins and losses so that when the next bull market comes around, the DAOs and communities that make it until then will have such a stronger foundation than a newer community that got its start in the bull market.