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OpenCurrntTM
DAOs are Taking Over?!
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Summary
Creators 2




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No followers yet.
Audience 5











What is an OpenCurrnt⢠and why is it different?
What is a āPitch an Ideaā?
Itās a super-short 20 sec. video that allows you to share an idea, an opportunity, or simply introduce yourself to the audience. People can not comment on it, but they can send you a direct message via chat.
Do I get Paid or Charged?
There is no cost to be on Currnt, but you can get paid. Creators gain redeemable points that are earned when followers engage with your content. Creator points pool and are distributed to the active Creators at the time points are earned. So, if you become a Creator, do your share to encourage learning and knowledge networking.
How do I become a Creator?
Make a short 20-second video āPitchā introducing yourself and what you are passionate about related to the topic. Select the option at the bottom of the pitch to be considered for a Creator.
How do I invite others?
There is a share button in the upper left that can provide you a link or connect your social to share. Anyone you invite is linked to your profile such that you earn 10% bonus on whatever they earnā¦across Private Panels and OpenCurrntsā¢. Pretty cool huh?
What is Currnt?
Currnt is a āKnowledge Networkingā platform where companies and professionals come to stay relevant on the latest
advances in their industries in the face of the increasing pace of change. Professionals engages in Private Panels (sponsored by companies),
and in OpenCurrnts⢠to engage with other thought leaders. On Currnt, professionals come to learn, and earn recognition, rewards and relationships.
See our Community Guidelines, to learn more of the rules of the road, here are some highlights:
Community Poll
What is your favorite DAO token?



















THERE is a general view that 2020 is the year of DeFi (decentralised finance), 2021 is the year of NFT, and 2022 will be the year of DAO (decentralised autonomous organisation). As the word "decentralised" suggests, DAO is expected to be the native corporate structure of the crypto economies.
In the simplest format, a multi-signature wallet that manages community treasuries can be a DAO; a chat group that manages community communications can be a DAO. Thus Bitcoin and Ethereum
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1) Data from Messari shows that DAOs held $11 billion by the end of 2021, with $7 billion held by the 15 largest DAOs.
2) The grand total ($11 billion) represents a forty-fold increase in DAO treasury holdings over the course of 2021.
3) Messari warned that the composition of a treasury can affect the stability of the DAO as token prices change
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https://techcrunch.com/2022/02/01/vc-backed-dao-startups-are-racing-to-define-what-daos-actually-are/
https://decrypt.co/resources/what-is-moloch-dao-funding-public-goods-ethereum-ecosystem
https://decrypt.co/resources/what-is-moloch-dao-funding-public-goods-ethereum-ecosystem
https://jonathanhung.com/decentralized-autonomous-organizations/
https://jonathanhung.com/decentralized-autonomous-organizations/
https://dailycoffeenews.com/2022/04/13/an-aspiring-decentralized-autonomous-organization-dao-cafe-is-coming-to-seattle/
https://dailycoffeenews.com/2022/04/13/an-aspiring-decentralized-autonomous-organization-dao-cafe-is-coming-to-seattle/
How do you stay fresh and relevant? Share with others what podcasts, blogs, reports, articles, and conferences inspire you to stay up to speed on DAOs.
Do you think DAOs are moving too fast for economies to follow? Check out the article below and share your thoughts.
https://www.forbes.com/sites/forbescommunicationscouncil/2022/04/11/are-real-economies-ready-for-daos/?sh=5b8dc7f14c0a




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Here's a great video to help you learn or refresh your knowledge on the basics of DAOs.
https://www.youtube.com/watch?v=KHm0uUPqmVE




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The technology-centric nature of DAOs may result in rudimentary, algorithmic work being automated, freeing contributors up to be the most creative and useful versions of themselves and allowing them to spend more time on high-value activities.
The DAO movement is still in its infancy and has a number of its own challenges to work out when it comes to governance and trust. The mainstream adoption of Web3 rests upon the resolution of questions related to user experience (UX), security, scalability, and regulatory clarity. However, at the current pace of talent acquisition, capital-raising, and innovation in the space, mainstream proliferation could happen sooner rather than later.