Creating Stronger DAO Communities

Our thesis is that games can generate compelling communities. Most DAOs work by asking an individual to just buy into a community. We believe that DAOs can be strengthened by introducing fun elements of game-theory that affect whether people gain membership into a DAO. Players in Saints and Sinners have to compete in a cryptoeconomic experiment— only if the Saints win do they get into a DAO with a seeded treasury.

A Cryptoeconomic Experiment

For the first time in history, anybody who can write a couple lines of code can run a large-scale economic experiment. NFTs are so much more than JPEGs. Not only can they represent ownership of any art form, or any digital native (and maybe even non digital native) asset, but they can impose arbitrary economic rules on how those assets are traded, owned, and interacted with.

Our experiment is a piece of art that goes further than the visual. It cuts deeper, to the technical, the economic, and the social.

Social Dynamics of Saints and Sinners

Some open questions:

• What causes attract SAINTS? We think for the SAINTS to win, they will have to convince the people that their causes, like a favorite charity or social issue, are worth fighting for.
• What is greed in the NFT space? See whether people are here for the money or for long-term communities.
• How strong are social versus economic incentives? They might stick together to convince 55 people to mint a SAINT, but without social belief others are just going to become SINNERS.
• Are SINNERS bad? You might think they are dismantling a potential community, or just pragmatic.
• Are SAINTS authentic? They might be here for long-term impact, or just try to virtue signal their way through the metaverse.