December 21, 2020

A DAO Masterclass with Aaron Wright

1 hour 6 minutes

Chain Reaction Host Jose Maria Macedo hosts Aaron Wright, cofounder of OpenLaw, The LAO and now Flamingo DAO. Aaron is a professor at Cardozo Law School and is at the forefront of DAOs, having been involved in Bitcoin since 2011, and Ethereum since 2015. Before this, Aaron was a successful entrepreneur, having sold his first company to Wikia - the for-profit version of Wikipedia, which he grew to be one of the largest websites on the internet.

Aaron provides a DAO masterclass, discussing what they are, why they matter, and his vision for DAOs as the next evolution in a long history of human organization dating back to Ancient Rome.

Thank you to our sponsor LVL, which is launching the first free Bitcoin exchange in North America. Users buy and sell Bitcoin with no trading fees or hidden spreads. Visit them at lvl.co

Show Notes:

(2:06) – Aaron Wright Background.

(4:35) – Organizations: History, Concepts and Functions.

(7:25) – Insights about DAO / Long-term Vision.

(12:47) – Experimenting with Types of Organizations in the real world.

(14:26) – DAO main categories.

(15:41) – Insights about Fund Structures.

(19:14) – DAO’s interaction with the Traditional Legal System.

(25:32) – Why a Delaware LLC.

(26:43) – Insights about DAO legal compliance.

(30:35) – LAO, OpenLaw big Use Case.

(35:11) – Why build on Moloch.

(36:49) – Credit Delegation System Background / Walkthrough.

(41:33) – OpenLaw, merging the Traditional World with Crypto.

(44:40) – The Future of the Legal System.

(49:07) – The Security in Off-chain Assets Settlements.

(56:21) – Insights about Governance Tokens value / DAO projects.

(1:03:41) – Exciting things happening in the DAO Space.

Resources:

Guest’s Twitter: https://twitter.com/awrigh01

Guest’s Website: https://www.openlaw.io/

Jose's Twitter: https://twitter.com/zemariamacedo

Delphi Podcast Twitter: https://twitter.com/PodcastDelphi

Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q

Access Delphi's Research Here: https://www.delphidigital.io/

Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service. Delphi’s transparency page can be viewed here.

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