The Block Runner is your authentic source for Bitcoin, Ordinals and other cryptocurrency technology, explanations and news. Learn the most optimal strategies to optimize your cryptocurrency knowledge. We’re building a metaverse project that enables creators to build and deploy in multiple virtual worlds using Digital Matter Theory. Join us on our journey from starting a business from nothing to what will amount a multi trillion dollar metaverse industry.
Episodes
Monday Apr 27, 2020
Monday Apr 27, 2020
The LAO will launch on April 28, 2020. https://www.thelao.io/
Twitter: @TheLAOOfficial @pridesai
We just recently discovered the LAO in our quest to govern DAO funds currently in Decentraland. In today's discussion with bring in Pri Desai from Openlaw.io to speak with us about their upcoming launch of the LAO which is a member directed venture capital crowd fund for accredited investors. In this fund anyone can propose their project and allow 100 members of the LAO to vote to fund your project. We open the discussion with the relationship between OpenLaw and the LAO and the inspiration for the LAO. Our discussion includes how a blockchain community can improve with a for profit venture backing it. One of our main attractions to the LAO is that it provides a mechanism for sustainable growth of a pool of funds.
Topics:
- First up, How does OpenLaw relate to theLAO?
- Next, How a for-profit venture creates a better blockchain community
- Then, Can Decentraland take the LAO mechanisms to manage a fund?
- Finally, How a member-directed VC compares to a traditional VC?
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Music by OfDream - Thelema
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