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RE: A little idea for Steemit that could end up being a big idea for progress: The Ideas Factory
Thank you. Yes I remember that early optimism well. It was only on a few months ago but it feels like years. It seemed like there were so many possibilities. Sadly I think the idea was too far ahead of its time.
We may have real DAOs eventually but I think we nee them to be controlled by AIs - otherwise some sort of human intervention will always be necessary. There is no reason why many of those great ideas that nobody did anything with couldn't migrate here and be stored on the blockchain for future use.
It has been an eventful summer hasn't it? Things move fast in the crypto world and it does feel like ages have already passed since The DAO. But I hope that the lessons learned from it linger on. The idea behind it was great, only the execution was flawed. Things were simply too chaotic without some kind of built-in control process to channel all those discussions and move things on from step to step. It was released too soon, without enough thought given to how to keep it smoothly running. Given enough time the community might have rallied behind the DAOhub leaders and managed to work things out, but now we'll never know how that would have played out.
I think we will see more DAOs, the concept is definitely here to stay. But they need to have a more limited scope, like the Digix DAO, with less complexity. At least for now. The KISS principle (Keep It Simple Stupid) would be a good one to follow.
Absolutely! If there's one thing the Steem blockchain is great at, it's warehousing & archiving stuff. I hope some of those ideas see the light of day and find a way to get developed.
Thanks for another great response. Yes I completely agree. The only kind of DAOs that can work right now are those that have a very narrow and simple function. The giant DAO was just too ambitious.
Me too:)