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