EP01: Commodore and Michael Discuss the Future of DAOs
Commodore discusses DAOs (decentralized autonomous organizations) along with some of the challenges DAOs are facing, why onboarding matters and how Krause House plans to disrupt ownership in the NBA while building a solid reputation focused on community.
Episode 1 - Uncensored Crypto
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Michael Hearne
CEO of Decentral Publishing, Michael Hearne says crypto is disrupting centuries old industries and creating tremendous opportunities for investors. He’s dedicated to removing the mystery from crypto, so Main Street investors can grow their wealth.
Commodore
Commodore is a core contributor to Colony. This software allows anyone to create a DAO - a new kind of organization where strangers can collaborate and manage shared funds completely trustlessly. Commodore is also building his own DAO to purchase an NBA basketball team.
EPISODE 1
In this podcast episode, we share:
The growing community around social DAOs
What a seed club is and challenges Kraus House has faced
The value of creating a simplified, sequential onboarding experience
Attracting quality members that can help scale to the next level
Creating more access and opportunity for fans and players in NBA ownership
Playing the long game in the crypto ecosystem and building sustainability
Kraus House’s multi-phase approach:
Build community around a shared vision
Build a strong reputation in ownership
Build a Treasury
Potential of helping the people of New Orleans own the New Orleans Pelicans
Core team of core contributors and establishing an alumni network
Different opportunities to build engagement in sports through DAOs, NFTs and technology
Memorable Quotes:
“[Sequentially onboarding]…is a three or four step process…there’s a lot of great product research to suggest that actually is better because you’re really holding the hand of the user so they have a clear understanding of what it is that they’re doing.”
“If you build them, right, and you and you scale them, right, and you incentivize them correctly, they could go beyond even crypto—if there was a next phase of crypto—it’s just really a group of people collectively working on something and that might be the sustainability of it.”
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To stay up-to-date on everything you need to know in the world of crypto and the blockchain, go to DecentralPublishing.com. For exclusive footage from the groundbreaking crypto docuseries that Michael is producing, go to UncensoredCrypto.com.