'Rebuilding the Tower of Babel: A Theory of New National Development Based on DAO' by BingVentures dao daogovernance
According to the Book of Genesis, Noah's descendants built a magnificent city near Babylon. They also built a tower of Babel to make a name for themselves. God was offended by the arrogance of man and decided to make a confusion of tongues so that they could not speak to one another.
The tokenomics of cryptocurrency defines the distribution laws of the country on a macro level, while also defining the rights and obligations of its citizens on a micro level. It no longer needs to be demonstrated that bad monetary policy can wreck a country's economy. Mature DeFi protocols currently look most likely to be transformed into successful sovereign DAOs. These protocols have steadily growing cash flows and ample treasuries. They offer a variety of financial products, from lending to structured products, in addition to the fees charged by the core DEX .
The traditional nation-state aims to increase productivity and build a competitive advantage to achieve the long-term utility of population, trade, and monetary policies. Developed countries are rich because the government is more of an inclusive economic institution. Taking the Russia-Ukraine War as an example, the biggest feature of this war lies in the asymmetric game between the two sides' intelligence systems. The Ukrainian government directly introduced the proof of physical work mode into intelligence warfare and realized the real decentralized dimensionality reduction. Mykhailo
Ukrainian soldiers who receive these "battle orders" can quickly complete their missions. This governance thinking, which explicitly uses decentralized products and distributed concepts in the state apparatus, approaches the government as one of many DAOs for producing goods and services.Maybe you will refute me and think that UkraineDAO is the real DAO organization. But you cannot deny that DAO can be an option for a nation's digital transformation, even during wartime.