Decentralized Autonomous Confederacy
As we witness the callousness of Governments during these unfortunate days, the burden of working out alternatives to monolithic organizational structures weighs heavily on my mind.
I tagged @User to talk more about an idea expressed in passing for an alternative structure for a DAO, and I know work has been getting in the way of typing out those ideas, but figured I could share my own thoughts on the matter.
The major problem with DAOs that can already easily be seen, is centralization. A lot of examples are out there: a single actor scoops up enough governance tokens to basically turn it into a dictatorship, funds end up being held in a multisig with just a few signers, founders become revered and few will question them, etc...
The Achilles heal is having a communal treasury. Voting weight becomes an issue because some have contributed more or less, and are rewarded with more or less governance tokens, thus contributing to an initial imbalance that only seems to worsen over time.