June was pretty hot in all aspects – check out all the updates we've prepared for you to.
We're maintaining and expanding the ecosystem map by type and by geography. Overall there're 400+ members in the community, 300+ subscribers to this newsletter and 200+ in the telegram chat. Only people working in dgov implementation, research etc. If you need to use those channels to transmit the information – get in touch.
Web3 dgov node
It's happening, we'll have 3 days with different focus (law & philosophy, market & incentives, soft governance). Check out an early draft of the agenda. If you'd like to contribute to the program (talk, topic, speaker recommendation) – get in touch with me email: [email protected] , telegram: @maxsemenchuk.
First Caribbean meetup (in Trinidad and Tobago) happened on Jun 7. It included lightning talk and workshops find more info here. Thanks to Anja Blaj, Luuk Weber and Ruben Russel for the organization!
Also first time in London, thanks to Phoebe Tickell and Martin. Regular monthly meetups are planned in London now.
Dynamic Governance: Where Cybernetics Meets Sociology. Dynamic governance, or sociocracy, is a management approach where decisions are made with consent where nobody objects, as opposed to consensus where everybody agrees. Teams ('circles') are interlinked through individuals who belong to two or more circles across all hierarchical levels. As a consequence, dynamic governance can help organisations to move forward with decisions quickly while also make use of knowledge throughout the organisation.
Introducing Glider. Colony's mainnet release candidate (Glider) has been deployed to the Görli Ethereum testnet. This release won't have the full whitepaper functionality; you'll be able to create a new colony, create your colony's internal token (or import any ERC-20 token), manage tasks and payments within single-level domains, assign permissions on a role basis, and more. Colony's reputation system can be used to proportionally distribute rewards, but will not influence permissions at this stage.
Aragon, DAOstack, Colony, Moloch. A comparison. Aragon provides a modular backbone that supports any decision-making mechanism, which may make it easier for them to build out a developer ecosystem. DAOstack explicitly prioritises decentralised decision-making at scale, targeting the problem of attention with their "holographic consensus" model (linked above). Colony's focus is designing mechanisms that don't rely on voting, overcoming inertia with time-driven reputation mechanics that help workers "get shit done". Moloch is a "minimum viable process" for resource allocation, which prioritises minority protection with a novel "rage quit" mechanism.
The Era of Legally Compliant DAOs. OpenLaw has built upon the earlier work of Open ESQ and dOrg, with the launch of the OpenLaw DAO, a free legal repository for people to easily deploy Limited Liability Wrappers for their DAOs. These wrappers will prevent DAOs from being defined by default as general partnerships, which would result in joint and several liability for all members. This dramatically expands the use cases of DAOs, empowering them to take on more traditional contractual relationships and manage physical assets.
Quick overview of legalese happening in the previous month:
Fresh new Vol. 2, No. 2 issue of the Stanford Journal of Blockchain Law & Policy is out and available here. This is how the cover will look like:
Head of Policy at Chainanalysis, Jesse Spiro has written about the FATF's new regulatory guidance. You can read more about it here.
The Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers delivered by FATF were published on June 21, you can download them here.
We’ve discovered a world-wide report which surveys the legal and policy landscape surrounding cryptocurrencies. Check it out here.
As there was some proposals to merge Ethereum and Libra and making Ethereum a validator, we cannot go around regulators’ response the this new crypto consortium. What are your thoughts?
As mentioned above, Web3 is happening at the end of August and we’ll be hosting a DGOV Node there as well! Launching it with a presentation of DGov community, a legal discussion will be held on Day 1. If you’re interested in taking a speaker position and participate in a group discussion, let us know and write to Anja. Either use telegram handle @anjablaj or sent an email to [email protected].