Snapshot provides a secured transition to a decentralized voting system for organizations. With their next big move to introduce the fully on-chain SnapshotX, voting becomes truly trustless and immutable. Led by LongHash Ventures’ very own Shi Khai Wei, we’re discussing the following topics with Nathan of Snapshot:
- Importance of DAOs
- Inception of Snapshot
- New Product SnapshotX
- Differences in Security of Snapshot vs SnapshotX
- Voting Models
- Merits of Delegation
- Incentivizing Voting within DAOs
- Core Thesis of DAOs in the 2022 Narrative
—-----------------------------------------------
00:00:10 Welcome Remarks
00:01:20 Why DAO is Important
00:07:35 Origin of Snapshot
00:15:45 Mechanism of Snapshot
00:18:40 Snapshot Handles Costs?
00:20:10 Service Partners of Snapshots
00:22:31 True Flexibility of Snapshot
00:27:13 Extending Limits of Voting Conditions
00:34:05 SnapshotX Intro
00:36:07 More Computing Power?
00:41:19 Outlook for DAOs as a whole
00:42:21 Philosophical incentive to Vote
00:58:19 Hybrid on Representative Models
01:02:41 Hybrid Model Delegation on Level of Control
01:06:22 The Ideal DAO
01:09:49 Innovative Example: Decentraland
01:14:26 Making “Year of the DAOs” Happen
01:15:49 Spicy Question: Did Nathan take part in SIMP NFT DAOs & IreneDAOs
01:19:07 Future of Snapshot
01:23:36 Shout Out
—-----------------------------------------------
Asia DeFi Network is a venture building unit powered by LongHash Ventures, built to scale crypto projects by leveraging a collective network of top DeFi founders, investors, and institutions. The Network currently enables the DeFi Track of LongHash Ventures’ LongHashX Web 3 Accelerator, which catalyses the growth of DeFi projects through a structured Web 3 native program across verticals such as tokenomics, governance, and community building. This podcast features the members of this Network.