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RE: Reaching a $100M Market Cap | Will INLEO have a DAO?

in LeoFinance11 months ago

I wish I could share your optimism concerning the DAO.
Splinterlands is suffering from DAO decision making, and you can see where it leads.
Basically large stakeholders are fucking it all up. I don’t want that to happen to inleo. Stakeholders have no freaking clue what is good or bad for any project. They just want their $$$.

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It definitely must be done right. I'm not super familiar with Splinterlands's DAO model

This being said, I am confident that when we are ready to pass things fully to the DAO, it will be setup in a correct way

You can even have a DAO elect a leader who can then make decisions. That leader can be removed if the DAO loses confidence in said leader. I believe this would be a viable approach - since (especially as a small project), you often need 1 singular person calling the shots and making the hard choices