“I found myself wondering whether this ratio of governance participants to members is similar to past social institutions like bowling leagues, rotary societies, 4-H clubs, and others.”
–
Kickstarter and
Metalabel co-founder Yancey Strickler, reflecting on social DAO
Friends with Benefits’ recent
festival. Ruminating on what is new and familiar about DAOs he asks “is this how social institutions like this have always been run, with a 10:1 worker-to-participant ratio?” [quote edited]