Colors of Web3 & Entrepreneurship

Building Web3 Communities: Decentralizing Governance and Ownership #ep12 #organization


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In this thought-provoking 12th episode of Colors of Web3 & Entrepreneurship, I sit down with Oisín Lyons, CEO & Founder of Missio.ai, to delve into the future of Web3 communities. The discussion spans across the transformative power of decentralized governance, challenges faced by DAO's (Decentralized Autonomous Organizations), the evolving role of identity in the Web3 landscape, and the crucial role of UX in onboarding a billion users. Join us on this journey of exploring the future of Web3 governance and how brands can utilize DAO's to their advantages.


⌛ Timestamps

00:00:00 Episode trailer

00:00:25 Podcast introduction and guest introduction
00:00:45 Oisin's brief self-introduction
00:01:02 Oisin's upbringing in Ireland and his educational background
00:02:23 His involvement with BaconDAO
00:05:02 How he came to his current role through CityDAO
00:08:17 How DAO's operate through decentralized governance
00:10:44 Oisin's hobbies outside of Web3
00:11:40 Detailed intro of Missio.ai
00:16:23 Problems that many communities face and the solution that Missio brings
00:17:18 How DAO is different from traditional organizations
00:18:41 DAO's are good at raising money during bull market
00:20:41 How LinksDAO (the 1st DAO that bought a golf course) work and the benefits that members get
00:22:15 Demo of his product platform
00:25:54 The engine behind Missio.ai's co-pilot
00:27:35 Analytics part of Missio.ai
00:30:06 The backend and tech stack behind Missio.ai
00:33:37 The team behind Missio.ai
00:34:24 Funding status and current traction of Missio.ai
00:37:08 Business model of Missio.ai
00:38:02 The economics behind using OpenAI and competitors' pricing
00:39:45 Challenges facing his team
00:42:22 The tools that the Missio team uses
00:43:26 The source of motivation for Oisin
00:45:47 The future of DAO's
00:47:54 How football clubs use tokens to grow their clubs
00:50:47 How are decisions made in DAO
00:53:43 Code as law concept and how far this can be applied
00:55:48 Snapshot - offchain governance protocol
00:57:55 The problems Web3 is suited for
01:00:16 How to onboard 1 billion people into Web3
01:01:52 Bill-splitting problem and the clunkiness of Web3 UX
01:02:34 What needs to happen in Web3 apps to get to mass adoption
01:04:24 Higher acceptance rate of crypto in developing countries
01:05:42 Advice for Web3 Startups and Entrepreneurs
01:07:17 Where people can follow Missio.ai and Oisin
01:07:58 Episode Outro
Follow Oisin and his company on social media:
Oisin's X/Twitter: https://twitter.com/Lyons_800
His company's website: https://missio.ai
His company's X/Twitter: https://twitter.com/missio_ai
My social media if you guys want to follow me:
Twitter/X: ⁠https://www.twitter.com/LamWeb3⁠
LinkedIn: ⁠https://www.linkedin.com/in/lamweb3/⁠
Website: ⁠https://lamtrinh.xyz⁠
If you enjoy this episode, please subscribe to stay updated on our upcoming episodes with industry experts and innovators in the Web3 and Entrepreneurship spaces. Thank you for listening!

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Colors of Web3 & EntrepreneurshipBy Lam Trinh