You're reading State of the DAOs, the high-signal low-noise newsletter for understanding DAOs.
gm and welcome to State of the DAOs!
Although it feels as if we sometimes take it for granted, DAOs are organizations that are as varied in their mission as in their structure. In fact, all organizations have a mission, but sometimes it can be hard to know whether that mission is in the furtherance of a vision to better humanity or just to build a successful product.
Just as all organizations have a mission, all DAOs have an operating system stack, and everything in the that stack works to support the purpose of the organization, from the structure, incentives, and even the way information is shared.
This week we examine the first element of the DAO OS: Purpose - the reason why we are here. Siddhearta distinguishes between mission-driven and profit-driven organizations to determine what motivates our decision making in pursuit of purpose. When an organization’s purpose is clearly defined it creates alignment and engagement in the community, with everyone working towards a common goal. By working together towards a shared goal, communities win.
Next, we feature an interview of Regen Network co-founder Gregory Landua to get an inside view on the workings of an environmental ImpactDAO. The Regen Network uses the power of web3 technology to tackle environmental challenges with a focus on creating positive changes to ecological systems. When communities align behind a shared purpose they can make a positive impact and solve some of our biggest problems.
Finally, we share the TL;DR on some of the best DAO ecosystem takes and thought pieces, making it easy for you to cut through the noise and learn everything you need to know the current state of the DAOs.
Contributors: BanklessDAO Writers Guild (Seneca52 ,Warrior, angelspeaks, Paulito, Lanksss, Kornekt, Jake and Stake, hirokennelly, siddhearta)
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Author: siddhearta
Image credit: ab_colours