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# System prepended metadata

title: HAUS Party LIVE! Notes S3Ep6 (10/7/21)
tags: [Haus Party Live]

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###### tags: `Haus Party Live`
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# HAUS Party LIVE! Notes S3Ep6 (10/7/21)

Join us for 🎉 Haus Party Live 🎉 every Thursday at 2pm EST on the [DAOhaus Discord](https://discord.gg/daohaus)

## Notes From the Livestream 🎉

Check us out on [Twitch](https://www.twitch.tv/daohaus)

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**Topics**

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**Hosts & Guests**

- Felipe Duarte, dekanbro, Vanilladelphia.eth, vengist
- David Phelps

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🌱 Welcome to our metaphorical garden! 🌱

## Introduction


## Updates from the DAOhaus Universe
- Flash DAO experiment -- claiming the POAP puts you in a DAO, and then funds are dropped in and people react however they want!
- Claim funds and rage quit, or let it ride and see what happens in the DAO
- Internally, we've been working on our product DAO and our compensation model
- Changing from retrospective to commitment based
- Take crew we've built and make sure that folks are able to stay for the longe term, and that new folks had a route to sustainable pay and contribution


## David Phelps
- Working on launching 2 DAOs and advising DAO ecosystem projects
- Recently posted a thread exploring the pain points of DAOs
- Loves the aspect of DAOs that feels like "we're all playing with Legos" and we're exploring composability of tools "in a sandbox" and feels like a game at times
    - At the same time, looking for long-term sustainability of ecosystem and projects -- asking "Are there new ways that we can align incentives between people that we've never been able to do before?"
    - Question is *how do we do this*
    - DAOs similar to bands, especially in early days: Incentive alignment is critical - Similar to bands that break down over time likely due to misalignment
        - *Note: Felipe only likes the Dire Straits and Rush*
- **Eco / Artist DAO**
    - Artist collective to create NFTs that support ecology
    - Buying NFT is a ticket -> Look for this at NFT NYC
        - Goal to open up work to more collectors while also supporting charity
    - How can we get folks involved in this space?
    - Longer term, can potentially fund artist residencies?
- **Investor DAO**
    - 20% is what venture funds usually take in profit (and 2% in management fees)
    - Moving toward an era where people want to invest their own money, and moving away from it being gated by needing to have lots of money
    - Want to be able to open this up to anyone who wants to contribute -- would get in with a token model to align incentives
    - Anyone investing keeping 100% of what they earn (not 20%)
    - People helping manage are paid in the tokens, and token price should go up
    - Founders can work with the DAO and with community and users who want to support their project
- [MetaCartel Ventures](https://metacartel.xyz/) has been experimenting in this space

## Pain Points of DAOs
- [12 Problems DAOs are Facing](https://twitter.com/divine_economy/status/1443257518428495878?s=21)
- Going through core content of the tweet -- what are the hot topics from these pain points? 
- **Onboarding, Rewards, Alignment**
- 80 person band not likely better than a 4 person band
    - Find ways nto bring the other folks in to participate in other ways but while also feeling like they're doing creative, important work that's in collaboration with the band
    - Answer isn't always bringing folks in, can be creating new DAOs and sub-DAOs (replicate the cells)
- Thinking about how questions may be misframed (and ways that the framing is the issue)
- In DAOs and open source, there is the idea of audience model or contributor model
    - Raid Guild does a mix where everyone can jump in, but all projects are raids where 3-7 people work and these parties become sub-DAOs
    - Everyone can jump in but all projects are Raids, which are similar to sub-DAOs or sub-circles
- World of Warcraft and Original Runescape and other MMOs as metaphors for DAO work and cryptospace
    - Everything is a LARP and "We're all just LARPing"
    - Element in web3 that we are all performing, and things are a lot more fun when we believe we are LARPing
### Mercenary vs Missionary Problem
- Mercenary are the biggest opportunities right now (Axie Infinity)
- Are the players loyal? Do they just want to be paid to play?
- Play to Earn and Learn to Earn onboard folks into Mercenary, but are we helping them become Missionary and be creative contributors to the space?
    - Are we unlocking the talent in the world to do great things?
- How do we go from opportunity of onboarding to making missionaries?
    - We see this in DAOs as well when we offer airdrops and incentive models -- "Solved acquisition but not retention"
    - How do we help folks contribute to protocols/DAOs/communities that they care about?
- What will happen to Axie over time?
- Missionary-first model is beneficial to the long term, but a potential risk is that you don't have the structure to bring in new folks and grow beyond the core Missionary contributors
    - Are we making Mercenary folks do meaningful work?
    - Missionary folks are often able to have the resources and funds to be able to contribute without needing to immediately worry about funds
    - How do you switch from one to the other? What is the ideal "sales funnel"
- Does the community stay together after a coin price drops?
- 