Snapshot provides a secured transition to a decentralized voting system for organizations. With their next big move to introduce the fully on-chain SnapshotX, voting becomes truly trustless and immutable. Led by LongHash Ventures’ very own Shi Khai Wei, we’re discussing the following topics with Nathan of Snapshot: - Importance of DAOs - Inception of Snapshot - New Product SnapshotX - Differences in Security of Snapshot vs SnapshotX - Voting Models - Merits of Delegation - Incentivizing Voting within DAOs - Core Thesis of DAOs in the 2022 Narrative —----------------------------------------------- 00:00:10 Welcome Remarks 00:01:20 Why DAO is Important 00:07:35 Origin of Snapshot 00:15:45 Mechanism of Snapshot 00:18:40 Snapshot Handles Costs? 00:20:10 Service Partners of Snapshots 00:22:31 True Flexibility of Snapshot 00:27:13 Extending Limits of Voting Conditions 00:34:05 SnapshotX Intro 00:36:07 More Computing Power? 00:41:19 Outlook for DAOs as a whole 00:42:21 Philosophical incentive to Vote 00:58:19 Hybrid on Representative Models 01:02:41 Hybrid Model Delegation on Level of Control 01:06:22 The Ideal DAO 01:09:49 Innovative Example: Decentraland 01:14:26 Making “Year of the DAOs” Happen 01:15:49 Spicy Question: Did Nathan take part in SIMP NFT DAOs & IreneDAOs 01:19:07 Future of Snapshot 01:23:36 Shout Out —----------------------------------------------- Asia DeFi Network is a venture building unit powered by LongHash Ventures, built to scale crypto projects by leveraging a collective network of top DeFi founders, investors, and institutions. The Network currently enables the DeFi Track of LongHash Ventures’ LongHashX Web 3 Accelerator, which catalyses the growth of DeFi projects through a structured Web 3 native program across verticals such as tokenomics, governance, and community building. This podcast features the members of this Network.