What is a DAO and How Do They Work? | Bryan Peters @ Sobol

What is a DAO, how to make money from a DAO, which tools to use
when running/participating in a DAO, and some advice to people
looking to join a DAO or that have already joined one. Bryan
Peters is the Co-founder of Sobol (simplifying DAO operations)
Bryan joins the Web3 Academy podcast to break down the concept
and potential of DAOs.





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GUEST INFO


Name: Bryan Peters (BPetes)


Twitter: @BryanPetes


Website: [Sobol.io](http://sobol.io/)





TIME POINTS


00:11 - Intro


02:11 - Bryan's Web3 rabbit hole story


10:02 - What Bryan saw in DAOs that hooked him into Web3


18:00 - How the DAO hack led into the fork between Ethereum and
Ethereum classic


25:07 - Definition of Decentralized Autonomous Organization (DAO)


32:19 - Best way to structure or organize a DAO


39:10 - Estimated number of people involved in DAOs


40:39 - The future of DAOs


48:30 - What are the challenges of DAO in this phase?


57:46 - The role of Sobol.io for DAOs


1:00:28 - Bryan's advice to someone who wants to enter a DAO


1:03:31 - Must have tool to get organized inside of a DAO


1:08:43 - How do you get compensated in a DAO?


1:13:23 - Work-life balance when working in multiple DAOs


1:20:12 - What will the future look like for DAO workers?


1:22:29 - Speed round


1:26:03 - Sobol.io and Brayn Peters' social media accounts


1:26:52 - Outro