You're reading State of the DAOs, the high-signal low-noise newsletter for understanding DAOs.
Without questions, DAOs are playgrounds for growth and development, as longtime BanklessDAO contributor siddhearta wrote last summer. DAOs offer contributors a myriad of ways to reach new personal goals, to acquire new skills, all while building the future of on-chain organizations. But have you ever thought of how you can frame DAOs in terms of traditional education?
This week, Bruvton, a university student and budding DAO contributor, reflects on his time at university and discusses how DAOs have provided him with a whole different kind of education, one that can’t be found within the hallowed confines of brick and ivy. Through his work in DAOs, he has built global friendships, learned how decentralized technology works, and pushed himself in ways not possible at university.
As Bruvton writes, “Without diving into the world of DAOs, my conventional education would feel empty. My old limits have been pushed, and the time I am investing in myself now will pay dividends in the future. On top of that, the memories I've made and the people I've met will always have a place in my heart. No matter how I think about it, it feels like what I’ve gained for myself and can contribute to others is unlimited. Universities have not tapped this vast potential.”
This weeks DAO Spotlight focuses on a new group of token engineers setting the standard for our industry, and we conclude, as always, with a TL;DR on some of the most recent DAO ecosystem takes and thought pieces, making it easy for you to cut through the noise and learn everything you need to know about the current state of the DAOs.
Contributors: BanklessDAO Writers Guild (Bruvton, Warrior, angelspeaks, KingIBK, Quilia, Vi-Fi, Tonytad, Kornekt, Trewkat, HiroKennelly, siddhearta)
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Game7 is excited to launch Summon, our novel DAO governance platform.
Summon is a community LiveOps tool that takes governance to the next level by making it easy for DAOs to measure the contributions of their members, and reward them in ways that go beyond money.
How it works: Each community member mints a Soulbound NFT that evolves as the member contributes to the community, making the NFT upgradeable and unique. As each contributor completes quests and tasks, they earn experience points (XP), which help them move up in rank and unlock features and rewards in real time.
By tracking, measuring, and rewarding contributions, Summon provides decision-making capabilities to those who invest time and effort into the community, as opposed to only those who contribute capital.
The result is a meritocratic governance model that distributes power and governing rights to the most productive members of the community.
👉 Sign up to the Game7 waitlist to experience Summon