Introducing ShapeShift DAO | Erik Voorhees (SotN 7/21)
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 21 July 2021
⏱️ 72 minutes
🧾️ Download transcript
Summary
ShapeShift recently announced its plans to evolve into a community-owned, decentralized platform. In addition, they held the largest airdrop in crypto history with over 1 million eligible addresses.
We bring on (former?) CEO Erik Voorhees to discuss the transition, and how it could be paving the way for all legacy corporations. The Future is DAO.
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Topics Covered:
0:00 Intro
8:00 Erik Voorhees & ShapeShift
11:54 The History of ShapeShift
21:04 DAO-ifying
27:10 The Model for Shape-Shifting
32:53 How to DAO
41:06 The FOX Token
47:25 The DAO Launch
52:35 The Regulation Threat
58:40 The Industry Overview
1:05:35 What Erik’s Excited About
1:08:10 A Word for First Cyclers
1:10:34 Closing & Disclaimers
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Resources:
Erik on Twitter:
https://twitter.com/ErikVoorhees?s=20
FOX Airdrop:
https://fox.shapeshift.com/airdrop
ShapeShift Discord:
https://discordapp.com/invite/dVVkMhb
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Transcript
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| 0:00.0 | Hey, Bankless Nation. Welcome to another state of the nation episode. We've got a hot |
| 0:12.1 | episode today with Eric Voorhees, who is the CEO of ShapeShift. ShapeShift is now |
| 0:17.3 | dowifying. That's the story here, David. Great conversation with Eric lined up. I know we've |
| 0:23.6 | already had this conversation with Eric. We're pre-recording it because you are in France |
| 0:27.4 | right now. What were some of your takeaways? Oh my gosh, Eric just knows what's up in this |
| 0:33.8 | industry. And I think one of the reasons why Eric has always been so successful is his |
| 0:38.6 | skill is that he can really separate what is signal from noise. And what gets me really |
| 0:44.3 | excited is that Eric really thinks that the dow is the logical next step for the progression |
| 0:51.6 | of his own company, ShapeShift LLC, he thinks that it should become ShapeShift Dow. And the |
| 0:58.0 | fact that he has ownership and is the leader behind this LLC and he still thinks that he |
| 1:03.7 | wants to give it to the community, the fact that he still thinks that I think is phenomenal |
| 1:07.6 | and is really illustrative of the power that lies in dow's. And Eric, Eric Voorhees wants |
| 1:13.3 | to tap into that power and that's what we talked about today. Yeah, super cool. I know you're |
| 1:17.7 | using the term LLC because we often do. It's like a Swiss corporation, same difference though, |
| 1:22.9 | like from nation state, you know, meet space org to crypto native org. That's the transition |
| 1:30.2 | here. I just have a ton of respect for Eric, right? Like his ability to pivot. But while staying |
| 1:38.5 | so true to the core values that shape this industry, as he said, no wonder why he's been so successful |
| 1:44.6 | in this space. And my favorite was probably near the end. We talked about lots of dow type things, |
| 1:50.8 | but then he gives some advice for people. It's their first cycle. And he has some words for |
| 1:56.2 | those that are worried about this recent crypto price drop that I think are pretty timeless. So |
| 2:02.4 | super cool. Anyway, guys, stay tuned for that. I want to talk about what is new in the bankless |
| 2:07.8 | nation. David, you are at EathCC. This is an Ethereum conference. I know I think you're going, |
... |
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