Podcast: Below the Line - A Deep Dive on DAOs — Justin & J.P. Alanís

An in-depth conversation about DAOs, how StoryCo is changing the way content is created and owned, and the utility of NFTs.

Justin & J.P. Alanís sit down with James Beshara on the Below the Line podcast to deep dive into DAOs. The podcast focus on the long-term potential of DAOs, how they could disrupt traditional privatized organization, change traditional organizational structures, and some of the pros & cons associated with them. The crew talks about the work StoryCo is doing to empower creators and fans, co-create and co-own IP, and the use of NFTs to power creativity and reward contributions.

Listen now on Apple, Spotify, and Google.

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In this episode, we cover:

• DAOs and their potential to change culture, art, and the future of content 

• The potential of co-ownership DAOs creates in media, sports, and the governance of municipalities.

• The state of NFTs

• The limitations of private organizations and how data ownership interferes with the improvement of user experience.

• The history of DAOs and when they started to become popular.

• The powers of blockchain and how it will change security, collaboration, and transparency. 

• How StoryCo will use a token system to govern and reward community members for contributions. 

• The evolution of media and entertainment.

• How blockchain will be the next major disruptor in media. 

• Hollywood’s monopoly on content creation and ownership. 

• How technology has disrupted “traditional media, including streaming, binge-watching, and the current trend of consolidation in the entertainment industry. 

• The future of content collaboration between visual artists and writers to create new narratives where fans are able to directly participate in the process. 

• The potential for DAOs to create a new form of funding. 

• Discussing the “Loot Project” and the problems it faced. 

• Where DAOs will flourish and where they might not be as successful.

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  Referenced:

• The show "The Sopranos" - https://www.imdb.com/title/tt0141842/

• DVR and DVD technology - https://electronics.howstuffworks.com/home-theater12.htm

• Netflix - https://www.netflix.com/

• Disney buying Fox - https://www.npr.org/2019/03/20/705009029/disney-officially-owns-21st-century-fox

• Blockchain and NFTs - https://www.blockchainresearchinstitute.org/an-intro-to-blockchain-and-nfts/

• Loot (NFT project) - https://www.lootproject.com/

• ERC20 token - https://www.investopedia.com/news/what-erc20-and-what-does-it-mean-ethereum/

• Discord - https://discord.com/invite/tWksMHxaTT

• Friends with Benefits (Social DAO) - https://www.fwb.help/

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Where to find Justin Alanís: 

Twitter: https://twitter.com/distorcean

LinkedIn: https://www.linkedin.com/in/justinalanis/

Where to find J.P. Alanís:

Twitter: https://twitter.com/jpalanis

LinkedIn: https://www.linkedin.com/in/jaypeea/