Why I Joined a DAO, and Why I Left | Friends With Benefits DAO

Why I Joined a DAO, and Why I Left | Friends With Benefits DAO

Assessment

Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses decentralized autonomous organizations (DAOs), focusing on the speaker's experience with the Friends with Benefits community. It highlights the appeal of DAOs for community building and investment, but also addresses financial losses and environmental concerns. The speaker reflects on the challenges of finding a welcoming community and the volatility of crypto investments. Despite these challenges, there is continued interest in the evolution of Web 3 and environmentally friendly crypto options.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are DAOs and how do they function within a community?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What motivated the speaker to join the Friends with Benefits community?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the financial reasons for the speaker's decision to leave the DAO?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the speaker's experience in the community differ from their expectations?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternatives did the speaker consider for building community outside of DAOs?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What environmental concerns did the speaker express regarding cryptocurrency?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's current stance on investing in Web 3 and cryptocurrency?

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