{"id":3681,"date":"2021-11-14T17:36:33","date_gmt":"2021-11-14T16:36:33","guid":{"rendered":"https:\/\/costops.com\/index.php\/2021\/11\/14\/an-exclusive-type-of-club-called-dao-is-popping-up-online-whats-it-all-about-geoff-mak\/"},"modified":"2021-11-14T17:36:33","modified_gmt":"2021-11-14T16:36:33","slug":"an-exclusive-type-of-club-called-dao-is-popping-up-online-whats-it-all-about-geoff-mak","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/11\/14\/an-exclusive-type-of-club-called-dao-is-popping-up-online-whats-it-all-about-geoff-mak\/","title":{"rendered":"An exclusive type of club called \u2018Dao\u2019 is popping up online. What\u2019s it all about? | Geoff Mak"},"content":{"rendered":"

We are told these members-only groups are the beginnings of Web 3.0. Are they all they are hyped up to be?<\/p>\n

I have seen the light, and I was not convinced. This month, I was invited to a party hosted by Friends With Benefits, an exclusive club of artists and investors who have access to a private chatroom on Discord and parties in cities like Miami and New York. The image has a subversive sheen: techno DJs and venture capitalists in ripped designer jeans throwing secret raves. The club\u2019s \u201cmanifesto\u201d describes a \u201cbright future\u201d for the \u201cultimate cultural membership\u201d where \u201cprosperity is abundant\u201d and \u201cdata and payments are fluid\u201d, just like gender.<\/p>\n

Friends With Benefits was founded in 2020 by Trever McFedries who, after bringing the VR popstar Lil Miquela into the world, had higher ambitions than animating a robot to make out with Bella Hadid in an underwear commercial. \u201cCapital as a weapon is intriguing to me,\u201d said McFedries in a YouTube speech. Having seen Occupy \u201cfail miserably\u201d while GameStop \u201ctoppled a hedge fund in four days\u201d, he set his sights on creating a DAO.<\/p>\n

Continue reading…<\/a>
\nWe are told these members-only groups are the beginnings of Web 3.0. Are they all they are hyped up to be?
\nI have seen the light, and I was not convinced. This month, I was invited to a party hosted by Friends With Benefits, an exclusive club of artists and investors who have access to a private chatroom on Discord and parties in cities like Miami and New York. The image has a subversive sheen: techno DJs and venture capitalists in ripped designer jeans throwing secret raves. The club\u2019s \u201cmanifesto\u201d describes a \u201cbright future\u201d for the \u201cultimate cultural membership\u201d where \u201cprosperity is abundant\u201d and \u201cdata and payments are fluid\u201d, just like gender.
\nFriends With Benefits was founded in 2020 by Trever McFedries who, after bringing the VR popstar Lil Miquela into the world, had higher ambitions than animating a robot to make out with Bella Hadid in an underwear commercial. \u201cCapital as a weapon is intriguing to me,\u201d said McFedries in a YouTube speech. Having seen Occupy \u201cfail miserably\u201d while GameStop \u201ctoppled a hedge fund in four days\u201d, he set his sights on creating a DAO. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

We are told these members-only groups are the beginnings of Web 3.0. Are they all they are hyped up to be? I have seen the light, and I was not convinced. This month, I was invited to a party hosted by Friends With Benefits, an exclusive club of artists and investors who have access to …<\/p>\n

An exclusive type of club called \u2018Dao\u2019 is popping up online. What\u2019s it all about? | Geoff Mak<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":3682,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3681"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=3681"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/3681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/3682"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=3681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=3681"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=3681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}