What is a DAO? How to Build a DAO? (High Level)

Summary

The video script explores Decentralized Autonomous Organizations (DAOs), explaining their governance through transparent blockchain rules and smart contracts. It delves into the DAO concept, including voting mechanisms and the challenges of trust and transparency. The Compound protocol serves as a case study for DAO operation, illustrating the proposal and voting lifecycle. The script also discusses architectural choices, trade-offs, and tools for building DAOs, emphasizing the importance of community engagement and the potential legal complexities of decentralized governance.

Takeaways

• 😀 Decentralized Autonomous Organizations (DAOs) are groups governed by transparent rules on a blockchain or smart contract, but the term is often overloaded and used differently by different people.
• 🔒 The concept of DAOs solves the problem of trust, centrality, and transparency by giving power to the users through immutable and decentralized voting mechanisms.
• 🏛 The term DAO was notably associated with 'The DAO' in 2016, which was the largest crowdfunded project at the time but also suffered a significant hack.
• 🛠️ Compound is highlighted as a precedent-setting protocol for DAOs, being a borrowing and lending application entirely built on smart contracts.
• 🗳️ Governance in DAOs allows for proposals and voting on changes to the protocol, such as adding new tokens or adjusting parameters, with the voting process being a cornerstone of DAO operations.
• 👥 Voting mechanisms in DAOs are critical and can vary, including using ERC20 tokens, NFTs, or other methods to determine voting power and participation.
• 💡 The 'Skin in the Game' concept suggests that bad decisions by voters could result in the loss of their tokens, adding accountability to the voting process.
• 🤔 Proof of personhood or participation is an interesting but challenging voting method, aiming to ensure one vote per person regardless of token holdings.
• 🏦 On-chain voting involves direct interaction with smart contracts and is transparent but can be costly due to gas fees on the blockchain.
• 🌐 Off-chain voting can reduce costs by using signed transactions stored off-chain, such as in IPFS, and then tallying votes through oracles like Chainlink.
• 🛠️ Tools like Snapshot, Zodiac, Tally, and Gnosis Safe are available to facilitate DAO creation and voting processes, offering both no-code and code solutions.

Q & A

What is a DAO and why is the term considered overloaded?

A DAO, or Decentralized Autonomous Organization, typically refers to a group governed by transparent rules on a blockchain or smart contract. The term is overloaded because it's used in various contexts: some consider Bitcoin a DAO due to miner decision-making power, others insist DAOs must use transparent smart contracts with ingrained rules, and some use DAO as a buzzword for any organization to gain attention.

What was the significance of the DAO in 2016?

The DAO in 2016 was an implementation of a Decentralized Autonomous Organization that set a record for the largest crowdfunded project at the time. However, it was also notorious for being the victim of the largest hack in the crypto space during that period.

How does the concept of decentralized governance in a DAO solve traditional problems of trust and transparency?

Decentralized governance in a DAO allows users to have voting power over the organization's decisions, with rules that are immutable, transparent, and decentralized. This approach eliminates the need for trust in a central authority and instead empowers users, making the decision-making process more open and accountable.

What is the Compound protocol and how does it relate to DAOs?

The Compound protocol is a borrowing and lending application built on smart contracts. It uses a DAO for governance, allowing token holders to vote on proposals to make changes to the protocol, such as adding new tokens or adjusting interest rates, demonstrating a practical application of DAO principles.

What is the process for creating and executing a proposal in a DAO governed by the Compound protocol?

A proposal in a DAO like Compound starts with a member creating a proposal transaction specifying the changes they want to make. After a delay, the proposal becomes active, and members can vote on it. If it passes, it enters a queued stage before being executed by a member calling the 'execute' function on the governance contract.

Why might a DAO need a voting mechanism?

A DAO needs a voting mechanism to allow its participants to engage in decision-making processes, such as updating protocol rules or adding new features. This is essential for the protocol to evolve and adapt to changing needs or conditions.

What are some of the challenges with using ERC20 tokens for voting power in a DAO?

Using ERC20 tokens for voting power can lead to an unfair distribution of influence, as those with more tokens effectively have more voting power. This could result in decisions that primarily benefit the wealthy rather than the broader community.

What is the 'skin in the game' concept in the context of DAO voting mechanisms?

The 'skin in the game' concept means that if a decision leads to a negative outcome for the DAO, those who voted for it could face penalties, such as losing some of their tokens. This encourages voters to make decisions that are in the best interest of the DAO.

What is the potential issue with using proof of personhood or participation in DAO voting?

The main issue with proof of personhood or participation is ensuring that one person cannot manipulate the system to have multiple votes. This requires a reliable method to verify that each vote corresponds to a unique individual, which is a challenge to implement in a decentralized system.

What are some of the tools and platforms available for building and managing a DAO?

Tools like Aragon, Colony, and DAOhaus provide no-code solutions for building and managing DAOs. For more granular control, developers can use platforms like OpenZeppelin for smart contract development, Snapshot for off-chain voting, and Gnosis Safe for multi-sig wallet functionalities.

What are some of the legal considerations for DAOs?

The legal status of DAOs is still somewhat ambiguous, as they do not fit neatly into traditional corporate structures. However, some jurisdictions, like Wyoming in the United States, have begun to legally recognize DAOs, offering a potential path for DAOs to operate within a legal framework.

Outlines

00:00

😀 Understanding Decentralized Autonomous Organizations (DAOs)

This paragraph introduces the concept of DAOs, which are groups governed by transparent rules on a blockchain or smart contract. It discusses the varying interpretations of what constitutes a DAO, from Bitcoin miners' choices to the use of smart contracts with ingrained rules. The paragraph also references the 2016 DAO hack and emphasizes the importance of trust, centrality, and transparency in DAO governance. The author promises a deep dive into the Compound protocol, which serves as a precedent for DAOs, and hints at a future tutorial for developers interested in building DAOs.

05:02

🛠️ Exploring the Compound Protocol and DAO Governance Lifecycle

The second paragraph delves into the Compound protocol, a borrowing and lending application built on smart contracts. It explains the governance aspect, where users can propose changes like adding new tokens or adjusting interest rates. The paragraph outlines the process of creating, voting on, and executing proposals within the Compound governance system. It also touches on the importance of community discussion platforms like Discourse and snapshot voting tools for gauging community sentiment before official voting.

10:03

🗳️ The Mechanics of Voting in DAOs and Architectural Considerations

This paragraph discusses the critical role of voting in DAOs and the various methods used to determine voting power. It contrasts using ERC20 tokens or NFTs, which may favor the wealthy, with alternative methods like 'skin in the game,' where bad decisions can lead to token loss, and 'proof of personhood' or 'participation,' which aims for one vote per person. The author also differentiates between on-chain and off-chain voting, highlighting the cost and transparency trade-offs, and mentions tools like Snapshot and Gnosis Safe that facilitate DAO governance.

15:04

🛡️ Legality and Tools for Building and Managing DAOs

The final paragraph addresses the legal and practical aspects of DAOs, questioning how they should be regulated and who is accountable for their actions. It mentions Wyoming's legal recognition of DAOs and suggests that building a DAO requires knowledge of various tools and platforms. The author lists no-code solutions like DAO Stack, Aragon, and DAO House, as well as more technical solutions like Snapshot and Tally. The paragraph concludes with a call to action for developers to build DAOs and a teaser for upcoming tutorial videos.

Keywords

💡DAO (Decentralized Autonomous Organization)

A DAO is a group that operates based on a set of transparent rules encoded on a blockchain or smart contract. It's a key concept in the video, illustrating the shift from traditional centralized governance to one that is decentralized and community-driven. The script mentions various interpretations of what constitutes a DAO, highlighting the term's complexity and its importance in the context of blockchain governance.

💡Smart Contracts

Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They play a pivotal role in DAOs, as they encode the rules that govern the organization. The video discusses how smart contracts can be used to facilitate voting and decision-making processes within DAOs, as seen in the Compound protocol example.

💡Voting Mechanism

Voting mechanisms are essential in DAOs for members to participate in decision-making. The video explains different voting mechanisms such as using ERC20 tokens or NFTs for voting power, which can influence the fairness and dynamics of the DAO's governance. It is a core aspect of DAOs that the video delves into, examining its various implementations and implications.

💡Governance

Governance in the context of DAOs refers to the process by which decisions are made and rules are enacted within the organization. The video script describes the governance process of the Compound protocol, where proposals are created, voted on, and potentially executed, demonstrating the practical application of decentralized governance.

💡Compound Protocol

The Compound protocol is a borrowing and lending application built on smart contracts. It serves as a case study in the video to illustrate how a DAO operates, including its governance and voting processes. The script uses it to demonstrate the technical and architectural aspects of building a DAO.

💡Proposals

In DAOs, proposals are suggestions for changes or actions that members can vote on. The video script discusses how proposals are created and processed within the Compound protocol, showing the lifecycle of a proposal from creation to execution or rejection.

💡On-chain Voting

On-chain voting is the process where voting occurs directly on the blockchain. The video mentions the advantages and disadvantages of on-chain voting, such as transparency and the high gas costs associated with transactions. It is a critical component of the DAO's governance process.

💡Off-chain Voting

Off-chain voting allows for votes to be cast outside of the blockchain, potentially reducing costs and complexity. The video script describes how off-chain voting can be implemented using tools like Snapshot, which stores votes in a decentralized database and can later be submitted to the blockchain, thus saving on gas fees.

💡Quadratic Voting

Quadratic voting is a concept where the cost of voting is proportional to the square of the number of votes a participant wants to cast. The video script mentions Governor c, a tool that uses quadratic voting to potentially reduce costs while increasing civil resistance, indicating an innovative approach to voting in DAOs.

💡Snapshot

Snapshot is a tool mentioned in the video that facilitates off-chain voting for DAOs. It allows for community sentiment to be gauged and votes to be counted without immediate on-chain execution, which can be cost-effective and efficient. The video encourages the exploration of a Chainlink integration with Snapshot for enhanced security and functionality.

💡Skin in the Game

The concept of 'skin in the game' refers to a method where participants in a DAO have something at risk, and can be penalized for making poor decisions. The video script discusses this as a way to ensure accountability and discourage malicious behavior in DAO governance.

💡Proof of Personhood

Proof of personhood is a proposed voting mechanism where each individual, regardless of the number of tokens they hold, gets one vote. The video script explores the challenges of implementing such a system, particularly the issue of civil resistance and ensuring that one person cannot manipulate the system to have multiple votes.

💡Multi-sig Wallet

A multi-sig wallet, such as Gnosis Safe mentioned in the video, requires multiple signatures to authorize a transaction. While it introduces a level of centrality, it is suggested as a practical starting point for DAOs to manage initial governance and emergencies, highlighting the balance between decentralization and practicality in DAO operations.

💡Legality

The video touches on the legal aspects of DAOs, questioning how they should be regulated and who would be held accountable for their actions. It notes that in Wyoming, DAOs can be legally recognized, indicating the evolving nature of DAOs in the legal landscape.

Highlights

DAOs, or Decentralized Autonomous Organizations, are groups governed by transparent rules on a blockchain or smart contract.

The term DAO is used in various ways, causing confusion and debate within the community.

The 2016 DAO hack highlighted the risks and challenges associated with DAOs.

DAOs aim to solve issues of trust, centrality, and transparency by giving users voting power.

The Compound protocol serves as a borrowing and lending application built on smart contracts, with governance as a key feature.

Governance proposals in DAOs can include adding new tokens or changing parameters, with a transparent voting process.

Proposals in DAOs are created and voted on by the community, with a minimum delay before execution.

The voting process in DAOs can be influenced by the use of ERC20 tokens or NFTs, which may favor wealthier participants.

Skin in the game is a voting mechanism where participants are held accountable for bad decisions, with token loss as a penalty.

Proof of personhood or participation is a proposed voting method to ensure fair representation, avoiding vote manipulation.

On-chain voting is straightforward but can be costly due to gas fees, impacting community participation.

Off-chain voting can reduce costs by using decentralized databases and oracles for vote tallying.

Snapshot is a popular tool for off-chain voting in DAOs, allowing for sentiment analysis and execution of votes.

Gnosis Safe is a multi-sig wallet that can be used in DAOs for voting, despite adding a centrality component.

Legal recognition of DAOs is possible in certain jurisdictions like Wyoming, offering a path for formal DAO establishment.

The future of DAOs involves exploring various voting mechanisms and tools to build and manage decentralized governance effectively.

Upcoming tutorials will guide developers through building DAOs from scratch, providing practical knowledge for implementation.

Transcripts

now dao's or decentralized autonomous

organizations is a bit of an overloaded

term but it typically describes any

group that is governed by a transparent

set of rules found on a blockchain or

smart contract and i say overloaded

because some people say bitcoin is down

because the miners could choose whether

or not to upgrade their software other

people think that daos must use

transparent smart contracts which have

the rules ingrained right into them and

then other people think dao is just a

buzzword so they just

slap the name really onto any

organization so that they can get some

clout and this makes for sad patrick

and this is not to be confused with the

dao which was an implementation of a dao

back in 2016 which set the record for

the largest hack at that time so there's

a lot of different ways to think about

it and the dow term is used in a lot of

different ways but in essence imagine if

all the users of google were given

voting power into what google should do

next and the rules of the voting was

immutable transparent and decentralized

this solves an age-old problem of trust

centrality and transparency and giving

the power to the users of different

protocols and applications instead of

everything happening behind closed doors

and this voting piece is a cornerstone

of how these operate this decentralized

governance if you will and it can be

summarized by company or organization

operated exclusively through code

and to really understand all this we're

going to look under the hood of the

protocol that's setting the precedent

for all other dows in compound then once

we look at compound we'll understand

what goes into building one of these and

all the trade-offs all the different

architectural choices mean for your

group and then in my next video i'm

gonna have a full code along tutorial

for developers looking to build one of

these themselves but be absolutely sure

to watch the rest of this video because

it's going to give you all the

architectural fundamentals so you can

make intelligent decisions when you get

to that section and be sure that you and

your dow friends smash the like and

subscribe button so we can keep giving

you the best engineer first content on

the planet when it comes to smart

contracts let's get into it

so here we have the compound protocol

it's a borrowing and lending application

that allows users to borrow and lend

their assets and everything about this

application is built in smart contracts

now oftentimes they're going to want to

do a lot of new things maybe they want

to add a new token to allow borrowing

and lending maybe they're going to want

to change

some of the apy parameters maybe they're

going to want to block certain coins

there's a lot of different things that

they might want to do so that's where

we're going to go ahead to

governance this is where you can find a

user interface for a list of all the

proposals and all the different ballots

that came to be so here's a list of some

of the governance proposals that this

protocol has actually been making to

improve and let's look at one of these

proposals that's currently actually in

process so if we click on the proposal

we can actually see everything about

this proposal who voted for who voted

against and the proposal history here

now the first thing to one of these

proposals is somebody has to actually

create the proposal in a proposed

transaction and we actually see that

proposed transaction

right here if we click on this

and we scroll down we can actually see

the exact parameters they used to make

this proposal let's go ahead and decode

the input data and we can see this is

exactly what this proposal looks like

the way that they're typically divided

is they have a list of addresses and a

list of functions to call on those

addresses and then obviously the

parameters to pass those addresses

so this proposal is saying hey i would

like to call support market on this

address

set reserve factor on this address here

the parameters we're going to pass

they're obviously encoded with bytes

and then here's the description string

of what this is doing and why we're

actually doing this the reason we have

to do this proposal governance process

is that these contracts likely have

access controls where only the owner of

these contracts can actually call these

two functions and the owner of these two

contracts is likely going to be this

governance down and values to zero just

means that we're not going to send any

eth along with these transactions once a

proposal has been created after a short

delay it becomes active and this is when

people can actually start voting on them

this delay between a proposal and an

active vote can be changed or modified

depending on your doubt then people have

some time to start voting on them and if

it passes which this one overwhelmingly

did it reaches succeeded if we click on

this transaction again

and we go to the compound governance

contract

and we scroll down to contract

right as proxy

we can actually see

the exact function that the people call

to vote namely cast by vote

cast vote by signature and cast vote

with reason we'll talk a little bit

about the exact differences between

these in our next video but these are

the functions that they're actually

calling

and if you go to the compound app

and we go over to vote

this is a user interface you can

actually vote through to make it easier

if you're not as tech savvy so you can

vote right through this

app.compound.finance

or you can just send the transaction

yourself

once all those votes happen

it reaches this queued stage

now what does cued mean

well before a proposal actually becomes

active there's a minimum delay between a

proposal passing and a proposal being

executed

so somebody has to call this queued

function and it only can be called if a

vote passes and it says okay that

proposal id has been queued and we're

going to execute it

soon now if we go to a different

proposal like this one for example we

can see it has been executed we can see

somebody called this executed function

and they executed proposal 82. so this

is going to be a full example of the

life cycle of a proposal going through

this process now there are a couple that

even failed a whole bunch of people

voted against this and if you scroll

down you can see it was created it was

active and the majority of people voted

against so that's where it stops now

oftentimes just putting one of these

proposals through isn't enough to really

garner some votes for it you generally

want a forum or some type of discussion

place to talk about these proposals and

why you like them or don't like them

oftentimes a discourse is one of the

main places that people are going to

argue for why something is good or why

something is bad so people can vote on

these changes and again snapshot might

be one of these tools that you use to

figure out if your community even wants

something before it even goes to vote

you could join one of these and with

your tokens actually vote on things

without them being executed just to get

the sentiment or like i said before you

could build your protocol in a way that

snapshot actually helps you with the

voting process all right now you've seen

the protocol that has been influencing

all the other dowels on how to vote now

you know

now that we know what a dell looks like

let's talk about the architecture and

tools that go into building one of these

and additionally the trade-offs that

they have and the first thing to talk

about here is going to be the voting

mechanism now voting and decentralized

governance is critical to these dows

because sometimes they do need to update

and change to keep with the times not

all protocols need to have a dow but

those that do need to have a doubt need

a way for participants to engage this is

one of the most important questions to

ask and to tell your communities how do

i participate how do i engage in this

doubt how do i help make decisions and

you'll find this is a bit of a tricky

problem to solve now an easy approach to

this problem is going to be using an

erc20 or an nft token as voting power

similar to what we saw with compound use

the comp token to vote for different

proposals seems simple enough right boom

problem solved hooray now this actually

might be the right approach for certain

dows but it also runs the risk of

actually being less fair because when

you tokenize the voting power you're

essentially auctioning off this voting

power to whoever's got the deepest

pockets whoever has the most money gets

to pick the changes so if it's only the

rich people who get the vote then it's

highly likely that all the changes in

the protocol are going to benefit

the rich which doesn't really seem like

that great of an improvement over our

current world nfts are interesting

because they have this non-fungible

component but yet even they still run

into this issue additionally if you buy

a whole bunch of votes you make a bad

decision and then sell all your votes

you as an individual don't really get

punished you just punish the group as a

whole but you being malicious you can

get away with pretty scot-free now again

this voting mechanism is going to be

correct for some groups but for other

groups

maybe not it really just depends on what

your dow and community setup is going to

look like now the next one we're going

to talk about is skin in the game now

vitalik has actually written a lot about

this and i highly recommend you read his

article link in the description to see

that the skin in the game method means

that whenever you make a decision your

vote is recorded and if that decision

leads to a bad outcome your tokens

are axed do you get punished for making

evil or bad decisions for your dow and

your protocol i like this mentality

because even if you buy a ton of tokens

and decide to be ill with it you can be

held accountable for your bad decisions

now the hardest part about this though

is going to be how do we decide as a

community what is a bad outcome how do

we actually punish these people and

that's easy because the answer

is i'm not sure now the third method of

this voting mechanism is probably one of

the most interesting ones but also the

hardest ones to implement and this is

proof of personhood or participation

imagine that all users of the compound

protocol were given a single vote simply

because they used the protocol and even

if they had a thousand wallets that used

the protocol one human being means one

vote this would be amazing and a far

more fair implementation where votes

couldn't actually just be bought the

issue however comes in something known

as civil resistance how can we be sure

that it's one vote equals one

participant and not one participant

pretending to be thousands of different

people so they get more votes this

method hasn't really been solved yet but

i'm willing to bet some very clever

engineer will do some amazing chain link

integration because proof of personhood

is basically just off chain data that

can be delivered on chain and that's

exactly where chain link shines now as

you can see all these methods and even

more that you probably think of aren't

that far-fetched and we actually see

these exact same methods happening in

the real world proof of personhood or

proof of participation might just be the

exact same as kind of the regular

government voting that we see every day

in the united states at least one person

gets to vote for one president you can't

go around making a whole bunch of fake

people and voting for president but in

companies the erc20 voting standard kind

of applies the more shares of a company

you have maybe the more voting power you

have in that company so we can draw

parallels between the real world and how

voting and governance is going to work

in our smart contracts and in fact you

should draw parallels and look for

inspiration from the web 2 space now

when it comes to implementation of the

voting i put them into two categories on

on-chain voting and off-chain voting

on-chain voting is exactly what we saw

with compound there's a smart contract

on chain you're a voter you call some

function called vote with your meta mask

your ledger or whatever

send a transaction and boom you voted

congrats you can wear your little

sticker now call that function and you

send a transaction

you send a transaction hmm

what do transactions use that are kind

of annoying and kind of costly uh

oh that's right gas imagine you have 10

000 people in your community and it

costs 100 to vote per person you're now

costing your community one million

dollars anytime you want to change

anything this is obviously insane and

not very sustainable for your community

the pro here is that the architecture is

really easy everything's gonna be

transparent everything's gonna be on

chain and that's really good but yes the

con is that you're going to break the

bank account for a lot of people

potentially now there are a lot of

variations of this to help solve some of

these problems especially the gas

problem one of the ones that i'm

incredibly excited for is this one

called governor c where they use some

random sampling to do some quadratic

voting to help reduce costs while

increasing civil resistance you want to

learn more about that one too be sure to

read about it in the description so on

chain voting is the simplest one here

but let's talk about

off chain voting

how could you possibly vote off chain in

a decentralized context relax relax you

can vote off chain and still have it be

100 decentralized you can actually sign

a transaction and sign a vote without

actually sending to a blockchain and

therefore without actually spending any

gas instead what you can do is send that

signed transaction to a decentralized

database like ipfs count up all the

votes in ipfs and then when time comes

deliver the result of that data through

something like an oracle like chain link

to the blockchain all in a single

transaction alternatively what you could

do is you could replay all these signed

transactions in a single transaction to

save gas this can reduce the voting

costs by up to 99

right now this is an implementation and

one of the most popular ways to do this

is through snapshot and i'm just dying

for someone to make a chain link

integration because it's going to be so

much safer more secure and better and

blah blah blah dying for it this is your

call to action go build this thing this

option voting mechanism obviously saves

a ton of gas to the community and can be

a more efficient way to store these

transactions anyways however it needs to

be implemented very carefully if you run

your entire dow through a centralized

oracle you are essentially reintroducing

a centralized intermediary and ruining

the decentrality of your application so

don't do that and if you made it to this

point of the video give yourself a

little pat on the back you're doing

fantastic learning is fantastic like i

said i have a video coming out after

this one it's going to show you end to

end how to build one of these from

scratch let's learn about some of the

tools that you can use to help get you

up to speed quicker now there are a

number of no code solutions that can go

into building one of these dows dow

stack aragon

just kidding this is aragon colony and

dao house are all alternatives that can

actually help you with the op side of

running a dow and building a doubt

however if you want more granular

control and you don't want to have to

pay any fees associated with these

protocols you might want to do it from

scratch now let's talk about some of the

more cody solutions that you can use

snapshot is one of the most popular

tools out there for both getting the

sentiment of a dow and actually

performing that execution users can vote

through this protocol with their actual

tokens those transactions get stored in

ipfs but none of it actually gets

executed unless the dow chooses to so

this can be a great way to get a feel

for what your tao wants to do and

optionally and you can send the

transactions and execute the votes as

well i highly recommend checking out

zodiac which is a suite of database

tools for you to implement into your

dials as well tally is another one of

these uis that allow people to see and

actually vote and interact with these

smart contracts through user interface

for those of you who don't know about

gnosis safe you absolutely should nosa

safe is a multi-sig wallet and the

reason that i put this on the list even

though it's adds kind of this centrality

component is that most dows in the

beginning are probably going to start

with some type of centrality it's much

easier to be fast when you don't have

thousands of people to wait for a vote

and in the beginning any protocol is

going to be centralized to some degree

anyways using a multi-sig where voting

happens through only a few key members

can be good in the beginning for your

doubts and often emergencies as well but

just keep in mind when you add one of

these you are adding this level of

centrality and then of course opens up

and contracts we love open zipping

contracts these are the contracts that

we're going to be basing our dow code

along on all right so that's all the

tools that's the architecture one more

thing before i let you go legality the

future of daos is interesting for all

these reasons we just talked about but

especially on a legal front does it make

sense for a dow to live by the same

regulation as another company how would

you even force a dow to do something

you'd have to force them to all vote a

certain way if the government tells you

to

it's it's a little gray it's hard to

nail down who to even keep accountable

for these daos in the united states at

least you can actually form your own dow

and have it legally recognized in the

state of wyoming this is something i

want to do so we'll just have to see

what happens there

at this point you have been injected

with all the dow knowledge you need to

succeed and thrive with this new amazing

technology and these new amazing

concepts and it's time to build baby be

sure to watch my next video where we're

going to take you step by step in

building these in my code along

tutorials

[Music]

you