You're reading State of the DAOs, the high-signal low-noise newsletter for understanding DAOs.
Where do you fit within your social networks? Not just the online communities, but all of the various groups you’re part of. Is there someone ruling with an iron fist, or one team that never checks with another team? Are you the one who picks up the slack? Chances are, each community or small group you’re involved with has a different network dynamic.
In this issue, read about the impact of social network structures on DAOs with insights from Tjitse van der Molen, who writes that understanding the different architectures of such networks — how people interact, how information spreads, and how influence is exercised — enables a DAO to take proactive steps to optimize communication and decision making.
Stay current with insights from across the DAO ecosystem, including an overview of governance at the Optimism Collective, a look at legitimacy in the context of various DAO governance patterns, musings on DAO data transparency, and an insider’s view of City DAO's community-governed city on the blockchain.
If you’re interested in the idea of taking financial planning onchain, don’t miss the spotlight on PlannerDAO, the first decentralized community of financial planners promoting economic freedom and permissionless access to financial services.
As we head towards a network state, keep up to date with the State of the DAOs.
Contributors: Tjitse van der Molen, ****Tonytad, angelspeaks, Quilia, Warrior, Vi-Fi, KingIBK, MiuMan, trewkat, Kornekt, HiroKennelly, siddhearta
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Author: Tjitse van der Molen
Image credit: Tonytad
Social networks are part of every area of our lives, from friend groups to international trading routes. With the advent and development of technology, the complexity and variability of social networks has increased substantially. Just a couple of decades ago, only the people in your village or neighborhood were part of your social network. Now it can be every living human being with an internet connection. Before, you'd get your dream job from a friend of your parents. These days you’ll land it thanks to the connection of a recent follower. Social networks are now bigger and broader than they have ever been and impact every area of our lives.
In this article, we will explore the concept and definition of social networks, their different architectures, and how DAOs can benefit from knowing the shape of their social network. And finally, we will introduce you to TogetherCrew, a tool to visualize the social networks of online communities you inhabit.
Social networks reflect the way in which human beings interact. The complexity of interpersonal relationships can easily become overwhelming for large groups of people. However, we can learn about how people interact by visualizing all relationships as a network graph.