The Decentralized Podcast

#5 - Building Governance for the Sandbox DAO with Cyril Forte from The Sand Box


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#5 - Building Governance for the Sandbox DAO with Cyril Forte from The Sand Box

Join us on the Decentralized Podcast as Cyril Forte, Head of Decentralization at Sandbox, shares his journey from growing up on military bases to becoming a leader in Web3 technology. Cyril explains how DAOs (Decentralized Autonomous Organizations) use tokens and software to reinvent democracy, focusing on transparency and accountability.
In this episode, Cyril discusses the Sandbox DAO's council role, constitution design challenges, and governance setup. He highlights the influence of landowners' voting power, community engagement, and the team's role in managing proposals. Cyril also explores the importance of legal frameworks for DAO operations, potential industry challenges like scams and bubbles, and the exciting intersection of AI and Web3. Join us for an exploration of building resilient decentralized communities in today's digital world.
Chapters
00:57 - Growing up in multiple different locations
03:00 - Working internationally
04:06 - Main challenges when working with international teams
06:26 - Deciding to move away from a traditional career
09:40 - First introduction to DAOs
11:20 - The main differences in working between Web 2 and Web 3
14:20 - Some of the challenges as a single dad
18:41 - What is DAO?
23:13 - Where to start with design for a DAO constitution?
26:12 - How to decide on an initial council and how council terms work
30:10 - The importance of a council
30:38 - How do council elections work?
33:39 - Exploring SIPs: challenges and innovations in Web3 governance
38:04 - What decisions are you making with votes?
40:15 - Structuring different levels of improvement proposals
45:10 - Voting with LAND and tokens in Sandbox
47:39 - How do you ensure you have high-quality improvement proposals?
47:23 - The value of a project management team
51:52 - How Sandbox allocates budgets for specific areas in their grants
55:56 - Which legal jurisdictions should you consider when setting up a DAO?
58:07 - The value of a foundation to avoid capture by individuals
58:33 - How do you select your lawyer, director, supervisor, and DAO admin?
01:00:38 - Why you need people who can deal with problems they have never seen before
01:04:00 - What Cyril wishes he knew before setting up a DAO
01:05:08 - The skillset you need to set up a DAO
01:07:38 - What is Cyril excited about in the space
01:12:21 - What is Cyril concerned about in the industry
01:15:35 - Learn more about Sandbox and the DAO

...more
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The Decentralized PodcastBy The Decentralized Podcast