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The LAO with Pri Desai - Pool Capital, Invest in Projects, Share Proceeds

Episode

63

Published on
April 27, 2020
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Show Notes:

Topics:

  1. First up, How does OpenLaw relate to theLAO?
  2. Next, How a for-profit venture creates a better blockchain community
  3. Then, Can Decentraland take the LAO mechanisms to manage a fund?
  4. Finally, How a member-directed VC compares to a traditional VC?

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Music by OfDream - Thelema

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.