OrgTech Review #2

Bounties TCRs 2.0, Cooperative Capitalism, The Death of the Firm, and more

Previously on OrgTech Review

Most clicked: Colony Q1 2019 Update, Aragon Public Roadmap, DAOstack Technical Analysis of the Genesis Alpha Hack.

Project News


Bounties Network

  • TCRs 2.0: Self Curating Lists. Self-curating lists rely on the intrinsic desire of list members to improve their own reputation, rather than the profit motive of external token holders. By virtue of being on the list, their expert-curation is likely more "wise" than the crowd-curation proposed by TCRs 1.0.

Collective One

Edgeware (by Commonwealth Labs)

Continuous Organizations (by Fairmint)


Projects not featured in this update

Aragon (DAC, Autark), Blackbox, Colony, Common Interest, CONE, Convergent, Cordite, Covee, CRE8, Daonuts, DAOstack, district0x, dOrg, eInc, EthKan, Giveth, GovBlocks, Greaterthan Cobudget, Jur, Kleros, Loomio, Moloch, Oath Protocol, Open Collective, open source coin, Otonomos, P2P Models, Pando Network, Prism Labs, Sobol, Swae, Talao, Thetta, Tribute, and xDAC.

If you are with one of these projects and have news to share next time, let me know!

Brain Food

  • Past, Present, Future: From Co-ops to Cryptonetworks: Cryptonetworks represent a shift towards cooperative capitalism, with participatory ownership models that would prevent platforms from adopting extractive practices once they reach maturity. Cryptonetworks make cooperative governance more efficient, but we should still be mindful of the lessons we can learn from the history of cooperatives.

  • Markets Are Eating The World: An in-depth history of how various innovations have reduced transaction costs and increased coordination scalability, arguing that blockchains realise the next evolution in "the death of the firm".

  • Unchained Podcast (and Transcript) with Glen Weyl and Santiago Siri: How Blockchains Can Help Create Little Democracies Everywhere: A governance discussion that touches on e-voting, quadratic finance, identity, and more.

  • Why Voting Tokens Are F**king Horrible, And 4 Ways to Fix Them: Market noise means it doesn't matter whether token holders effectively govern the project, leading to low voter participation. Solutions might include using non-transferable tokens, a la Moloch DAO, to eliminate this market noise, or treating tokens like reputation. See Aragon's response here.

  • Day One Governance: Governance systems should be clearly defined up-front and ratified by community members. Otherwise, they risk power creep and inefficiency, which may lead to unilateral decision-making by those in power (in the name of efficiency), which in turn may lead to community fracture and, ultimately, forking.

  • Crypto Governance: The Startup vs. Nation-State Approach: Base-layer protocols should be governed like nation states, because security is their most important property, whereas protocols further up the stack can afford to take more startup-like risks.

Beyond OrgTech