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Milk Road Crypto Podcast
What is a DAO and How Do They Work? | Bryan Peters @ Sobol

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

Milk Road Crypto vor 4 Jahren

0:00

1:27:46

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.

This episode is part of our "Web3 Podcasts for Beginners" podcast
playlist on Spotify. If you're new to web3, click HERE and make
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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