Best Practices for Operating a DAO w/Dennison Bertram | S3 E1
On this Episode of Rehash, we sat down with Dennison Bertram, founder of Tally, a DAO operations platform. Dennison is also the #2 backer from our initial Mirror crowdfund and, as a result, one of Rehash’s Queen of the Pod. Thank you Dennison!
Dennison has been in the crypto space since 2012, earning himself true OG status. Although he was a self-proclaimed Bitcoin in his early days, he’s now Ethereum-pilled and building Tally across several blockchains.
In a DAO-heavy discussion, we dive deep into the challenges DAOs are facing, particularly around operations. We dive into what it means to be a DAO, how to set one up correctly, and Dennison gives us some DAO best practices. We also talk about “fake” DAOs and how bad actors are coming into the space to get DAO recognition, but not truly behaving like a DAO when things go south.
We compare DAOs with traditional companies and analyze some of the challenges they both face. Dennison also shares his views on decentralization maxis as well as the controversial topic of what DAOs can learn from corporations.
Dennison leaves us with some final thoughts around what he’s most bullish about, most bearish about, and what excites him the most about the future of DAOs.
⌛TIMESTAMPS
0:00 Intro
0:47 Sponsors!
5:16 Dennison’s background
7:11 Bitcoin
10:58 DAO operations
13:07 What is not DAO
18:36 What is a DAO
23:26 Challenges in companies and DAOs
28:01 Lessons DAOs can take from traditional companies
32:44 Not everything needs to be decentralized
34:39 Good DAOs
37:30 Dennison’s final thoughts on DAOs
40:16 Fun questions!
43:15 Follow Dennison!
43:56 DAO Shoutouts
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Rehash: twitter.com/rehashweb3
Diana: twitter.com/ddwchen
Dennison: twitter.com/DennisonBertram
Tally: twitter.com/tallyxyz
DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.