DAOs & The Future Of Business Ownership #InvestingOnPurpose
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 802 Ratings
🗓️ 13 May 2022
⏱️ 34 minutes
🧾️ Download transcript
Summary
In this episode, JP and Ryan talk Decentralized Autonomous Organizations and how they might alter the business landscape.
A DAO is a new way to structure business through collaboration and tokenization.
It differs from traditional corporate structure by not having traditional heirarchies, executives, or leadership. Instead, the entire community comes together and votes on the actions taken by the organization.
How will this work in a traditionally capitalistic society? That's what JP and Ryan explore in today's episode.
To subscribe to this new show visit:
https://podcasts.apple.com/us/podcast/investing-on-purpose-with-jp-newman-and-ryan-daniel-moran/id1617163709
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https://open.spotify.com/show/0MSz6OVpUpb1CA02TkX8Mq?si=38da9580d1e24cc4
Transcript
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| 0:00.0 | Hey, everybody. Welcome back to capitalism.com. You look terrific today. Whatever you're doing, |
| 0:06.7 | keep it up. Have you been working out? Hey, on today's episode, I'm going to be sharing with you |
| 0:11.5 | another episode from the Investing on Purpose Project that I've been doing with my mentor and dear friend |
| 0:17.3 | J.P. Newman. This is a new podcast that I just started. It's its own feed, |
| 0:22.4 | but I'm sharing the first few episodes with you so that you know about it. And this topic is |
| 0:26.9 | decentralized, autonomous organizations. This is a complex topic that took me months to understand |
| 0:35.3 | that J.P. and I break down into details so that you can |
| 0:40.0 | understand how they're going to work and how they're going to impact your business and |
| 0:44.3 | all businesses over the next few years. So in this episode, JP and I wrap our heads |
| 0:50.4 | around this new technology and this new emerging trend. And we talk about how this might |
| 0:55.6 | impact big problems in the world, how this new structure of doing business could create new |
| 1:03.9 | opportunities for very fast wealth building, new communities and the opportunity to create change around problems that we don't have solutions |
| 1:13.3 | for right now. It's a very interesting topic because there will be some that change the world |
| 1:18.7 | and there will be some that will be big socialist failures. And right now we don't know which |
| 1:23.1 | ones are going to be which, but this technology will affect all of our lives over the next few years. |
| 1:29.2 | If you enjoy this episode, please subscribe to the separate feed. It's called Investing on Purpose. |
| 1:34.4 | And there we talk with entrepreneurs who are leading new companies that are creating change. |
| 1:39.2 | We talk about new opportunities for wealth building. We talk about both of our opinions on where the world |
| 1:44.7 | is going and what the implications of new pieces of technology will be. And I think you will |
| 1:49.5 | really enjoy it. So just look up, investing on purpose on your favorite podcast player. |
| 1:54.0 | Welcome to Investing on Purpose, the show about making your money matter. On this show, |
| 1:59.2 | you'll be introduced to emerging trends and entrepreneurs |
... |
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