DAO & Blockchain going mainstream in Brazil
Last week on Twitter was brought up a discussion about Government and DAO
A thread on Twitter this past week had raise some attention to DAOs and this new paradigma of collaborative organization. Two of the brazil majors influencers Monark (Flow Podcast) and Thiago Nigro (Primo Rico) had dropped some knowledge about the current Brazil democracy state and how people can manage a way back to the control of power.
“Representative democracy failed worldwide, it’s time to a new modern version of government, it’s time to direct democracy. Your rights and duties at a touch of a button”.
“@monark Blockchain & DAO are the answear!”
Unexpectedly we saw a respond on Monark's Twitter by Thiago Nigro, which since his partnership with Bruno Perini, has been focusing on Blockchain, NFTs, Ethereum and everything around Blockchain ecosystem. He even created a new Youtube Channel focused only on this market, called "Primoverso".
It's undinieable what this technology has to offer and its potencial. First round was on NFTs since the booming early on 2021. Reaching a marketcap of $23,4 bi USD
Although, even with all mainstream headlines in 2021 yet there are many people that hasn't figured out what NFTs really is.
Felipe Castanhari, Youtuber, Influencer, owner of the Youtube channel Nostalgia with over 14M subscribers.
“I’m sorry to you that like it, but I hate NFT”.
“Just to make 100% clear, it’s a opinion of someone that doesn’t understand almost NOTHING of the subject.
I already tried to read about it, but none of the material or article which I read made me understand that in a simple way”.
The truth is we haven't even touched 1% of the full potencial of the "Non-fungible Token", NFT of art is just one application of many. But what really got mainstreamed was the celebrity 's adoption getting their Bored Apes.
Now, what seems to be getting into the spotlight is DAO and all its upsides. Talks in Brazil are heading to the collaborative organization, especially mentioning this tool as a way to try to fix Brazil corruption's history. For so long, Brazilian people have faced such a failure with their representatives. Therefore, might have a light at the end of the tunnel for a new kind of democracy, a collaborative democracy led by DAOs.
Many DAO across the globe have found success in their proposals. Many are protocol DAOs such as Aave, Uniswap, MakerDAO which have been developing a key role into DeFi ecosystem; others social DAOs also have received big investment from VCs like Friends with BenefitsDAO, FingerprintsDAO and others have even tried to buy a copy of the US constitution. So, it's just a matter of time to this new kind of thing comes hit Brazilian lands and there's a whole a lot of room for it .
Source: Fortune
By the way, there's a great work being done by Bankless Brasil DAO. They come with a mission to educate 100M portuguese speakers in Brazil and other countries, educating people about this new paradigma: Crypto, DeFi, DAO, Economic System, etc. Having developed this work as MediaDAO since August 2021, being the first Brazilian DAO to operate in Brazil.
What to expect about this new paradigma of crypto and DAOs in Brazil from now on, as we've seen volume of transactions and crypto adoption in Brazil I can't bet against DAOs and others subjects related to crypto space start hitting the spotlight now. Recently, we also testified Rio de Janeiro's Mayor Eduardo Paes being friendly to crypto and reserved 1% of city treasury in Bitcoin and 10% tax discount to whom pays theirs taxes in Bitcoin.
The first ones were retailers, second ones was small institutions, then celebrities, small countries, great city's mayors. Things are just getting started, take a sit and watch the world bend the knee to crypto and Blockchains.