Snapshot provides a secured transition to a decentralized voting system for organizations. With their next big move to introduce the fully on-chain SnapshotX, voting becomes truly trustless and immutable. Led by LongHash Ventures’ very own Shi Khai Wei, we’re discussing the following topics with Nathan of Snapshot:

- Importance of DAOs

- Inception of Snapshot

- New Product SnapshotX

- Differences in Security of Snapshot vs SnapshotX

- Voting Models

- Merits of Delegation

- Incentivizing Voting within DAOs

- Core Thesis of DAOs in the 2022 Narrative

—-----------------------------------------------

00:00:10 Welcome Remarks

00:01:20 Why DAO is Important

00:07:35 Origin of Snapshot

00:15:45 Mechanism of Snapshot

00:18:40 Snapshot Handles Costs?

00:20:10 Service Partners of Snapshots

00:22:31 True Flexibility of Snapshot

00:27:13 Extending Limits of Voting Conditions

00:34:05 SnapshotX Intro

00:36:07 More Computing Power?

00:41:19 Outlook for DAOs as a whole

00:42:21 Philosophical incentive to Vote

00:58:19 Hybrid on Representative Models

01:02:41 Hybrid Model Delegation on Level of Control

01:06:22 The Ideal DAO

01:09:49 Innovative Example: Decentraland

01:14:26 Making “Year of the DAOs” Happen

01:15:49 Spicy Question: Did Nathan take part in SIMP NFT DAOs & IreneDAOs

01:19:07 Future of Snapshot

01:23:36 Shout Out

—-----------------------------------------------

Asia DeFi Network is a venture building unit powered by LongHash Ventures, built to scale crypto projects by leveraging a collective network of top DeFi founders, investors, and institutions. The Network currently enables the DeFi Track of LongHash Ventures’ LongHashX Web 3 Accelerator, which catalyses the growth of DeFi projects through a structured Web 3 native program across verticals such as tokenomics, governance, and community building. This podcast features the members of this Network.