A new decentralised Poker based DAO, 'Pokereum' , is launching soon. What can they learn from 'The DAO'?
What are the key ingredients for a successful DAO ... governance is one, code review is another, development funding, legal setup ... what else?
Can we specify (in theory) ALL the essential components for a successful DAO?
As a community we can't afford another Titanic sized failure, otherwise we risk killing the whole DAO & smart contract concept before it's had a chance to do any good in the world. What do future DAO projects need to be successful?
will the likely collapse of The DAO change plans for Pokereum?
some lessons on governance maybe
Nothing has changed!...everything they did wrong from; ineffective implementation of quorum voting rules, to implementing weird "dao-split" mechanisms to address 51% attack, where things that we came across, discuss, solved and worked on conceptually since early 2014 before even Ethereum was live.
The last thing we did right was not to rush to be first by waiting to make sure we properly test and that our strategy is right where we can deploy in stages!
We even did a live simulation on the community without them realizing to test out incentives. Expect something soon
So yeah we preemptively determined the best way for a DAO create and run Dapps effectively. All those issues they had are things we talked about two years ago.
I am not sure public discussion would have had any weight with the "the DOA" . It was more beneficial to keep our heads down and show the world what we had when we make the announcement than to engage in endless debates!
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