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Koop

Koop

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Koop: How does it work?

Publisher
Koop
December 21
DAOs are a framework for coordination, rather than the product itself. As a result, there is no single solution to governance. Across use cases, DAO governance should be tailored to the utility of its members. For example, collector DAOs such as PleasrDAO benefit from a closed network of curators, while treasury management DAOs like Juicebox benefit from an open network of builders. The most exciting DAOs are at the edge of social, curation, and new modes of work. Interestingly enough, these three instances meet at one focal point: NFTs.
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Manifesto

Publisher
Koop
December 21
The theory of the firm seeks to explain why companies and organizations arose, when individuals could, in theory, engage in pairwise transactions. The explanation is that firms exist to reduce coordination and transaction costs: all the things that make it hard for people to work together, solve problems, and deliver value effectively and efficiently. But what happens when tools for coordination are more widespread, and a whole range of innovations -- from Zoom to Discord to DAOs -- makes it easier to work together outside of formalized organizations?