For many, the idea of creating a DAO has been a dream come true. Do you think it is possible to create a DAO in Eco? Is the DAO governance model a fair and workable model?
It is hard to say how successful ECO DAO is going to be, there are too many unknown factors right now, so when the team says “it is an experiment” they are completely right. We already saw some road bumps with not all expectations of the community being met, and the next phase is going to be even harder. The proper governance is a very difficult task, slapping the forum and waiting for proposals from the team’s engineers just won’t cut it. We will see how active the community is going to be, how much autonomy they will have, how hard or easy it is going to be in terms of integrations and expanding the ecosystem, how many initiatives we will see, how good the response from DeFi partners etc. Time will tell if the experiment is successful or not. As I mentioned before, I am cautiously optimistic.