You're reading State of the DAOs, the high-signal low-noise newsletter for understanding DAOs.
‘There’s a DAO for that’ — it’s true: DAOs are formed (and dissolved) for just about any cause or common interest, and one of the strongest and most urgent common interests around the globe is to initiate a paradigm shift in attitudes to economic growth. In this edition, read about the core concepts underpinning ReFi (regenerative finance) and explore its potential to reshape the financial landscape, as it aims to prioritize the health and resilience of ecosystems, societies, and the environment over monetary gain.
ReFi DAOs and project teams are at the forefront of these efforts, driving positive social and environmental impact through innovative financial models that leverage blockchain technology effectively. Speaking of positive impact, Gitcoin Grants has just launched Round 19 of the innovative public goods donation model which directs matching funds to those projects that receive support from many donors. BanklessDAO and various BanklessDAO project teams are again participating in the Web3 Community and Education round — we’d love to have your support.
We also feature insights from the DAO ecosystem, including articles on AI DAOs, internet-native companies, The DAO hack, and the power of real-world connections in the digital age.
We hope you find this edition informative and inspiring as we explore ReFi and its roots in Fullerton’s ‘Eight Principles of Regenerative Economics’. Thank you for joining us on this journey through the State of the DAOs.
Contributors: BanklessDAO Writers Guild
(Boluwatife, Tonytad, angelspeaks, Quilia, Vi-Fi, trewkat, siddhearta, HiroKennelly)
This is an official newsletter of Bankless Publishing, a BanklessDAO-affiliated project. Please subscribe and share to help us grow our audience as we fulfill our mission to build user-friendly crypto onramps.
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Author: Boluwatife
Cover Art by Tonytad
The term ReFi was born out of a concept that an economist named John Fullerton put forward in 2015, a concept he called regenerative capitalism. According to Fullerton, there are eight principles which underpin an economic and financial system capable of generating shared prosperity for all. As you read further about ReFi, you will see the relationship between these principles and the ReFi ecosystem we have today.