DAO Discovery: Twitter Spaces with BanditoDAO — Summary
Why the culture of a DAO is of utmost importance to the scalability of a community and how technical solutions and governance protocols aren’t rate limiting factors anymore.
Key topics included:
- Clarify mission-values-goals
- Establish the DAO construct (infrastructure) — roles, incentives, models, governance, tokenomics etc.
- Build strong culture/community
- Then implement procedures to grow and scale.
BanditoDAO is a sub-DAO of the MonkeDao comprised of the owners of Monke NFT’s wearing sombreros, of which there are only 98. The conversation kicked off with Panchito from BanditoDAO sharing how he and several others created this sub-DAO to see what’s possible within a smaller community.
Lolli from BanditoDAO underlined how critical it is to have strong and clear governance, clarity of roles and scope of everyone’s functions, and clearly defined objectives.
Once the foundational structure was in place, they ran into the issue, how do you scale? One of the clear distinguishing characteristics between the larger DAO and smaller DAO is that there’s a level of nimbleness and efficiency…
