Chapter
The Problems of Fractionalized Asset on DAOs
11:38 - 16:23 (04:44)
Jason Calacanis and Chamath Palihapitiya discuss the problems with fractionalized assets on DAOs, arguing that the only reliable fractionalized asset is stocks, and highlight the unreliability of Ethereum as a transactional layer for these kinds of transactions.
Clips
With the digital rule engine built into DAOs, people can structure their bids and participation, allowing the DAO to resolve what it is willing to pay for the asset, and individuals feel confident in their ownership share.
11:38 - 14:05 (02:27)
Summary
With the digital rule engine built into DAOs, people can structure their bids and participation, allowing the DAO to resolve what it is willing to pay for the asset, and individuals feel confident in their ownership share. This eliminates past issues where pools of money were gathered and stolen, providing the correct structure for those interested in equity and ownership.
ChapterThe Problems of Fractionalized Asset on DAOs
EpisodeE56: Constitution DAO, Rittenhouse trial coverage, private sector efficiency vs the government
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The reliability of fractionalized assets is still in question as Ethereum's unreliable transactional layer resulted in various issues, including low pricing power and opacity in the bidding strategy.
14:05 - 16:23 (02:17)
Summary
The reliability of fractionalized assets is still in question as Ethereum's unreliable transactional layer resulted in various issues, including low pricing power and opacity in the bidding strategy. It is said that fractionalized assets, except for stocks, are generally a "trash burger" and owning equities is more reliable and proven to be a good asset for investors.