ATX DAO Podcast: Crypto • Tech • DeGen • Culture

E23: CityDAO’s Lessons - Unraveling the Missteps and Future Potential


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Summary

Join us as we dive into the world of DAOs with our guests, Pat and 0xJoshua. They share their journeys and insights from their experiences with CityDAO and other prominent DAOs. Discover CityDAO’s pioneering efforts using Wyoming’s LLC legislation to acquire land through a DAO structure and the limitations they encountered. Learn about the internal dynamics, project fragmentation, and treasury management issues within CityDAO. Our guests emphasize the need for existing products for effective DAO governance.

The discussion highlights the crucial role of face-to-face interactions for coordination and consensus-building within DAOs. Hear about CityDAO V2’s vision for Silicon Bali—a smart city concept for web3 and tech enthusiasts, and the lessons learned from CityDAO V1. Pat and 0xJoshua share how these in-person meetings foster creativity and respect among DAO members, which is essential for the community’s growth and success.

Get insights into the Accelerate hacker house in San Francisco. This episode offers a candid look into the challenges and opportunities within the DAO space, providing valuable takeaways for both seasoned participants and newcomers. Tune in to explore decentralized governance and the future of collaborative communities!



Chapters

00:00 Introduction and Background 

04:13 Challenges with Factionalism and Power Struggles 

06:30 Limitations of the Wyoming DAO LLC Legislation 

11:50 The Value of In-Person Meetings and Retreats 

15:20 Exploring Alternative Legal Structures for DAOs 

30:12 Introduction to CityDAO and the Proposal 

31:45 Building Silicon Bali: A Vision for a Smart City 

33:07 Challenges with the Operating Agreement and Dissolution of CityDAO 

35:06 Progressive Decentralization and the Role of Code in DAOs 

41:49 Future Plans


Connect with Joshua and Pat:

X (Twitter): ⁠⁠@0xJoshuaSL | @patonchain

LinkedIn: https://linkedin.com/in/JoshuaLapidus

Acceler8 Website: https://joinaccelr8.com

Azos Finance Website: https://azos.finance


This episode was hosted by DAO members Jesse and Ken, to learn more about ATX DAO:

Check out the ⁠ATX DAO ⁠website

Follow ⁠@ATXDAO⁠ on X (Twitter)

Subscribe to our newsletter

Connect with us on ⁠LinkedIn⁠

Join the community in the ⁠ATX DAO Discord⁠


Connect with the ATX DAO Podcast team on X (Twitter):

Jesse: @realitycrafter

Ash: @ashinthewild⁠

Luke: ⁠⁠⁠⁠⁠@Luke152⁠⁠⁠⁠⁠

Mason: @512mace⁠

Megan: @MegNogATX

Nick: @nickcasares⁠

Willy: @willyogo


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Keywords

CityDao, DAO, LLC legislation, Wyoming, challenges, coordination, consensus building, cooperatives, legal entity,lessons learned, platforms, growth, smart city, hacker houses, mixed-use housing, progressive decentralization, governance, DAOs, projects

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ATX DAO Podcast: Crypto • Tech • DeGen • CultureBy ATX DAO