Building Web3 Communities: Decentralizing Governance and Ownership #ep12 #organization

Colors of Web3 & Entrepreneurship

In this thought-provoking 12th episode of Colors of Web3 & Entrepreneurship, I sit down with Oisín Lyons, CEO & Founder of Missio.ai, to delve into the future of Web3 communities. The discussion spans across the transformative power of decentralized governance, challenges faced by DAO's (Decentralized Autonomous Organizations), the evolving role of identity in the Web3 landscape, and the crucial role of UX in onboarding a billion users. Join us on this journey of exploring the future of Web3 governance and how brands can utilize DAO's to their advantages.

⌛ Timestamps

00:00:00 Episode trailer 00:00:25 Podcast introduction and guest introduction 00:00:45 Oisin's brief self-introduction 00:01:02 Oisin's upbringing in Ireland and his educational background 00:02:23 His involvement with BaconDAO 00:05:02 How he came to his current role through CityDAO 00:08:17 How DAO's operate through decentralized governance 00:10:44 Oisin's hobbies outside of Web3 00:11:40 Detailed intro of Missio.ai 00:16:23 Problems that many communities face and the solution that Missio brings 00:17:18 How DAO is different from traditional organizations 00:18:41 DAO's are good at raising money during bull market 00:20:41 How LinksDAO (the 1st DAO that bought a golf course) work and the benefits that members get 00:22:15 Demo of his product platform 00:25:54 The engine behind Missio.ai's co-pilot 00:27:35 Analytics part of Missio.ai 00:30:06 The backend and tech stack behind Missio.ai 00:33:37 The team behind Missio.ai 00:34:24 Funding status and current traction of Missio.ai 00:37:08 Business model of Missio.ai 00:38:02 The economics behind using OpenAI and competitors' pricing 00:39:45 Challenges facing his team 00:42:22 The tools that the Missio team uses 00:43:26 The source of motivation for Oisin 00:45:47 The future of DAO's 00:47:54 How football clubs use tokens to grow their clubs 00:50:47 How are decisions made in DAO 00:53:43 Code as law concept and how far this can be applied 00:55:48 Snapshot - offchain governance protocol 00:57:55 The problems Web3 is suited for 01:00:16 How to onboard 1 billion people into Web3 01:01:52 Bill-splitting problem and the clunkiness of Web3 UX 01:02:34 What needs to happen in Web3 apps to get to mass adoption 01:04:24 Higher acceptance rate of crypto in developing countries 01:05:42 Advice for Web3 Startups and Entrepreneurs 01:07:17 Where people can follow Missio.ai and Oisin 01:07:58 Episode Outro Follow Oisin and his company on social media: Oisin's X/Twitter: https://twitter.com/Lyons_800 His company's website: https://missio.ai His company's X/Twitter: https://twitter.com/missio_ai My social media if you guys want to follow me: Twitter/X: ⁠https://www.twitter.com/LamWeb3⁠ LinkedIn: ⁠https://www.linkedin.com/in/lamweb3/⁠ Website: ⁠https://lamtrinh.xyz⁠ If you enjoy this episode, please subscribe to stay updated on our upcoming episodes with industry experts and innovators in the Web3 and Entrepreneurship spaces. Thank you for listening!