we ve been waiting for this for 20 years and, you know, here it is. like anything to do with crypto and blockchain, there is a huge buyer beware to getting involved. some initiatives are legitimate, but others are scams, and sometimes, it can be very hard to tell the difference. treedao says that what it s doing shows how this new way of running things could be used responsibly and effectively. but it s early days for these ideas, so what daos really end up being used for could surprise us all. depending where you are in the world, whenever you enter a building or an event, you might be asked to do a rapid antigen test, a lateral flow test. now, the thing is these can take 15 minutes or more to do. but over here, i ve got a test that is gone in 60 seconds. this is patrick von den bogaard. patrick, welcome. thank you. what i have to do to
flash mobs or crowdsourcing activities, where you get a bunch of people coming together, they put some money into something to buy an asset. the difference is that in one of those activities, there are people who are recognise recognisably running the show and are in charge of thinking it through. in a dao, we are defining it all upfront and then we re letting it run its own course. and this idea can be used for anything. a group of people have got together on the internet to raise funds for a dao to buy this area of woodland in wiltshire, in the south of england, and they can decide how it is managed. so a dao is a way of setting up an organisation that is that uses the blockchain to sort of manage membership and let people organise around a particular cause or project. the treedao is this project to buy a woodland and then let the local community sort of take control of that woodland and vote
it s subtle but a really important, you know, feeling. like, it feels like it s ours and i think the exciting thing is we can now bring that sense of ourness to other people anyone who becomes an nftree holder. we ve been waiting for this for 20 years and, you know, here it is. like anything to do with crypto and blockchain, there is a huge buyer beware to getting involved. some initiatives are legitimate but others are scams and sometimes, it can be very hard to tell the difference. treedao says that what it s doing shows how this new way of running things could be used responsibly and effectively. but it s early days for these ideas, so what daos really end up being used for could surprise us all. depending where you are in the world, whenever you enter a building or an event, you might be asked to do a rapid antigen test,
to sort of manage membership and let people organise around a particular cause or project. the treedao is this project to buy a woodland and then let the local community sort of take control of that woodland and vote on what happens to it, using the blockchain, using smart contracts. smart contracts, they sort of run automatically so that instead of having to appoint a treasurer and a secretary, people can use their membership tokens to vote on things. it s about being able to determine that you are hold a vote in the governance of the forest so you can determine, you know, what s allowed to happen here and you can vote on, you know, making sure it does not get turned into firewood. i ve been fascinated by the technology and how daos is a new way of organising people around projects and i wanted to see what you could do in terms of like, there are daos that, you know, just live on the blockchain and don t interface with the real world and i really wanted to see what you could do, w
into something to buy an asset. the difference is that in one of those activities, there are people who are recognise recognisably running the show and are in charge of thinking it through. in a dao, we are defining it all upfront and then we re letting it run its own course. and this idea can be used for anything. a group of people have got together on the internet to raise funds for a dao to buy this area of woodland in wiltshire, in the south of england, and they can decide how it s managed. so a dao is a way of setting up an organisation that is that uses the blockchain to sort of manage membership and let people organise around a particular cause or project. the treedao is this project to buy a woodland and then let the local community sort of take control of that woodland and vote on what happens to it, using the blockchain, using smart contracts. smart contracts, they sort of run automatically, so instead of having to appoint a treasurer and a secretary, people can use their