Welcome to EARLY, the podcast about web3 business from Bankless Consulting.
DSide's guest today is Anthony Leutenegger, the Head of the Growth guild at Aragon. In this episode he discusses the background and future of Aragon, a platform that enables decentralized autonomous organizations (DAOs) to launch and manage themselves. Aragon has been instrumental in facilitating the operations of various well-known DAOs such as Lido and Decentraland.
Leutenegger shares insights into the challenges faced by Aragon and how they have been addressed. He emphasizes the intricacies of DAOs, which must adhere to their code and voting mechanisms. Aragon aims to create a space for builders and envisions on-chain DAOs as the equivalent of a legal framework with a few exceptions. The podcast also delves into the balance between on-chain and off-chain activities for Aragon. While all DAO work occurs on-chain, some regulatory aspects necessitate off-chain processes. Aragon plans to continue developing token-based voting offerings, enhancing the democratic decision-making within the ecosystem.
Leutenegger explores the concept of governance structures for larger versus smaller companies. He suggests that larger organizations, with consistent revenue streams, are better suited for running fully on-chain DAOs. This approach leverages the industry expertise and broader perspective of individuals with extensive experience, rather than being solely focused on day-to-day operations.
The conversation touches on the potential adoption of DAO systems by Fortune 500 companies in the future. While there may be limits to the decision-making authority, companies can utilize this technology to engage stakeholders, such as allowing them to vote on design choices.
Finally, Leutenegger identifies his dream clients for Aragon, including collaboration with Polygon and working with organizations like UNICEF that could benefit from DAO technology in the context of non-governmental organizations (NGOs). Overall, this podcast provides valuable insights into Aragon's background, challenges, and future plans, highlighting the potential of DAOs in various industries.
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