I would go a bit further: DAOs are absolutely terrible for EVERYTHING, and
anything that remotely mentions the acronym is a scam.

Let's please, please, please not go down some cryptoscam, blockchain,
rabbit hole here.  Drop it, burn the remains, try to forget it ever
happened.

On Wed, Jul 5, 2023 at 3:57 AM Stephen J. Turnbull <
turnbull.stephen...@u.tsukuba.ac.jp> wrote:

> Christopher Barker writes:
>
>  > Yes, it needs to be funded somehow, but some sort of donation / non
>  > profit / etc funding mechanism would be best -- but I don't think
>  > peer reviewers should be paid. Peer review in academic journals
>  > isn't cash compensated either.
>
> It's been done.  The most common scheme is nominal compensation (say
> USD50 per review) dependent on beating a relatively short deadline
> (typically 1-3 months).  But this is not really the same as academic
> publishing.  It's also not the same as movie and book reviewers who
> are paid staffers (at least they used to be in the days of paper
> journals).  It has aspects of both.  It might work here, although
> funding and appointment of reviewers are tough issues.
>
>  > I had to look that up: "Decentralized autonomous organization (DAO)"
>  >
>  > So, yes.
>
> Please, no.  DAOs are fine when only money is at risk (too risky for
> me, though).  But they're a terrible way to manage a community or its
> money.  Too fragile, too inflexible.  The history of DAOs is basically
> an empirical confirmation of Arrow's Impossibility Theorem.
> https://simple.wikipedia.org/wiki/Arrow%27s_impossibility_theorem
>
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