Ryan Zurrer, formerly chief commercial officer and director at the Web 3 foundation and former principal and partner at Polychain Capital, discusses his recent proposal for a new DAO, reviving one of the most notorious experiments in crypto history. Zurrer explains the way it works, some of the new technologies, such as SourceCred, that he thinks could make a new DAO better than the original, what problem he wants to solve with the DAO, and how it would work. He also talks about why he believes that if the DAO had survived, that the due diligence in the space would be far higher than it was during the ICO craze, and why he thinks that the architecture of the DAO he’s proposed will not violate U.S. securities law.

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CipherTrace: http://ciphertrace.com/unconfirmed

Episode links:

The DAO white paper: https://github.com/the-dao/whitepaper

Ryan Zurrer: https://twitter.com/rzurrer

SourceCred: https://sourcecred.io/

CoinDesk article on the recently proposed DAO: https://www.coindesk.com/former-polychain-partner-ryan-zurrer-is-leaving-web3-to-start-his-own-dao

The SEC’s report on the 2016 DAO: https://www.sec.gov/litigation/investreport/34-81207.pdf

Comprehensive Bloomberg feature on the 2016 DAO: https://www.bloomberg.com/features/2017-the-ether-thief/