Broadcast Summit is the inaugural web3 media summit on Friday, May 19 2023 in Brooklyn.

Most organizations run on Socialware - Systems and processes managed by people. We introduce the concept of "Trustware" as an important tool for DAOs.

UPDATE: We are currently sold out. Thank you everyone for your support. If you’d like to get involved, please subscribe to this publication. In addition, feel free to get in touch directly on Twitter @rafathebuilder if you’d like to make a contribution and participate.

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DAOs are collaborative networks which are likely to have a unique role in the future. To determine this role, you need to be able to look beyond what is happening today. Like a toddler taking its first steps, the DAOs of today are immature, unsteady and likely to stumble.

There are two types of DAOs that seem to be gaining traction: financial flash mobs and hyperstructures. Each taps into a unique quality of DAOs that isn’t feasible via traditional corporate structures. They represent different extremes of on-chain coordination: fast and hot, or slow and long. In both cases, they ultimately represent ways that memes can be merged with blockchains to create emergent structures of coordination. When combined, they could point towards how we bootstrap the public goods infrastructure of an abundant future.

"Come for the tool, stay for the network" is a classic strategy for bootstrapping social networks. It aimed to solve a hard problem: how do you convince people to join your social network when there's nobody else to socialize with?

A decentralized autonomous organization (DAO) is a group organized around a specific mission that coordinates through a shared set of rules enforced on a blockchain. DAOs themselves are just organizational structures that control shared economic resources and/or protocol rules, and each DAO can be different in how it operates. Some DAOs are private and others are open for anyone to join and contribute. For some DAOs, active contributors can get paid by the DAO for their work.

Crypto, Culture, and Society members recently joined a session by web3 polymath Ameer Carter, aka Sirsu, to explore how social capital operates. Using real-world models of collective action and examples of web3 projects that bridge the gaps between social, cultural, and economic capital, he advanced a compelling argument for using blockchain technologies toward attribution of creative works to their creators. Below is a recap and response from our community.