Centralized social media giants like Facebook and Twitter revolutionized Web2.
Social DAOs could possibly do the same with Web3. But will they ever be able to compete with the likes of Twitter and TikTok? Or will they always sit on the sidelines?
On today's CoinMarketCap episode let’s imagine what the next generation of social media platforms could look like.
My name is Jett and let's get right into it!
Today we will be looking at what social DAOs are, how they work, and which are popular today.
00:33 - What's a DAO?
01:45 - What Is a Social DAO?
03:09 - How Can You Enter a Social DAO?
03:42 - Friends With Benefits
05:25 - Bored Apes (BAYC)
07:11 - Krause House
09:54 - Bright Moments DAO
11:13 - Cabin DAO
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
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Social DAOs could possibly do the same with Web3. But will they ever be able to compete with the likes of Twitter and TikTok? Or will they always sit on the sidelines?
On today's CoinMarketCap episode let’s imagine what the next generation of social media platforms could look like.
My name is Jett and let's get right into it!
Today we will be looking at what social DAOs are, how they work, and which are popular today.
00:33 - What's a DAO?
01:45 - What Is a Social DAO?
03:09 - How Can You Enter a Social DAO?
03:42 - Friends With Benefits
05:25 - Bored Apes (BAYC)
07:11 - Krause House
09:54 - Bright Moments DAO
11:13 - Cabin DAO
🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!
🔵 Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
📲 Download our app!
IOS : https://apple.co/3dOkokH
Android : https://bit.ly/3gHyJkS
🤝 Join CoinMarketCap!
https://bit.ly/3dVaEoS
Follow CoinMarketCap on social!
https://twitter.com/CoinMarketCap
https://www.facebook.com/CoinMarketCap
https://www.instagram.com/CoinMarketCap
https://reddit.com/r/CoinMarketCap
https://t.me/CoinMarketCap
📩 Subscribe to our Newsletter!
https://coinmarketcap.com/newsletter/
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Francisco Gimeno - BC Analyst DAOS and specifically here Social DAOS are experimental and in first stages of iteration, even difficult to understand for many not used to new ways of using tokenisation. However, they are the perfect example of what the future of Web3 could be, new ways of interacting between different systems, like FB and Google are doing now, but without the power they have, and with control on the part of the users of their personal data, rewards for their work inside the specific DAO, earning privileges, earning token rewards, innovating and trying to be as much inclusive as possible, meaning inviting everyone to support, access and contribute in different ways and means. As when the blockchain started to be famous, DAOs are more on the hands of those who deeply believe in them, but slowly their ways are calling many others who need another path to interact inside the Internet, in this digital era, with real consequences in the physical realm too.