Constructing the way forward for Web3 in physical-digital with DAOs

by Jeremy

ATHDAOx, an occasion within the custom of the Solana Hacker Home, happened on Dec. 9 and 10 in Athens, Greece to debate all issues decentralized autonomous group (DAO).

From governance and legalities to neighborhood constructing and safety, the occasion introduced collectively the native DAO-focused neighborhood in Greece and overseas.

Cointelegraph was on the bottom for the occasion and spoke with one of many occasion’s founders, Dimitris — aka Takisoul — about his expertise constructing a bodily house to debate digital communities.

Primary stage at ATHDAOx 2023. Supply: Savannah Fortis, Cointelegraph

Athens DAO was first held in 2022, throughout which Takisoul mentioned it hosted round 150 attendees, a lot of whom have been from outdoors Greece. In its second 12 months, he advised Cointelegraph that attendance was anticipated to be 4 occasions that of the primary occasion and with a lot increased participation from the native Greek neighborhood.

“One of many many different issues that we needed to attain is to convey the vibes of a convention from overseas, like Breakpoint, to Greece and at scale.”

“We’re making an attempt to be the glue between the devs and the neighborhood,” he mentioned. Takisoul mentioned that bodily meetups on this scale are “alternatives” for inexperienced persons and the “blockchain curious” to satisfy individuals on the forefront of constructing tasks within the house.

The occasion had assist and attendance from outstanding builders within the house, akin to Solana, Bankless DAO, ApeCoin, GrapeDAO and extra.

Why DAOs? 

Requested why it’s necessary to coach and activate a local people on the probabilities DAOs current, Takisoul mentioned that non-Web3 natives usually have “superficial notions” and consciousness of the house.

“Many are usually not conscious of the great methods Web3 and DAOs unlock human coordination. They’re altering the best way that we collaborate as teams and likewise instill a way of possession.”

He mentioned a really perfect consequence after Athens DAO can be, in some unspecified time in the future, to see extra Ethereum Digital Machine communities eyeing Solana DAO tooling for his or her purposes and Solana DAO infrastructure realms as nicely.

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“The opposite half that may make us immensely completely satisfied can be that within the subsequent hackathon, whether or not it’s on Solana or Ethereum, we see extra Greek-based groups participate in hackathons,” he mentioned.

Manolis Nikiforakis, CEO of Athens-based Web3 startup WeatherXM, which tokenizes regionally sourced climate knowledge on the blockchain, advised Cointelegraph the corporate is launching its personal DAO within the subsequent month. “Timing couldn’t be higher for a two-day DAO-focused occasion subsequent door,” he mentioned

Democracy and governance

One of many key ideas within the DAO neighborhood is reworking the technique of governing and structuring community-run tasks.

In one of many panel discussions on the occasion in regards to the authorized constructions and coverage associated to DAOs, one speaker highlighted that “Athens is town that based democracy” and that ATHDAOx may be on the “forefront of lobbying for DAO coverage on a authorized stage.”

ATHEDAOx panel “Authorized Buildings, Coverage and DAOs.” Supply: Savannah Fortis, Cointelegraph

The identical panel mentioned the most important challenges DAOs face at this time, together with governance frameworks, transparency with donations and decentralization. One of many panelists suggested, “By no means cease exploring governance strategies.”

“Discover out what fits your wants; don’t copy and paste from what at all times works for one more DAO.”

Relating to decentralization, the identical panel concluded that “perfection is an phantasm” when searching for a very decentralized DAO, however transparency is the important thing to attaining it. One panelist mentioned that the one “really decentralized DAO is Bitcoin.”

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