No evidence that the author/team have the expertise to:
set up this community
responsibly manage the funds
In general where large amounts of money are involved, it is better to work with well-established systems and people, as this is lower-risk in terms of “unknown unknowns” etc.
While I’m not persuaded this is a scam, the problem is that even well-intentioned ideas can go wrong if the people leading them don’t have the expertise to do so.
I have personally influenced decisions involving billions of dollars before, and despite this, I don’t think I would have anywhere near the expertise to lead this kind of organization. I certainly would not want to call it “my idea”—I would want to get a team of financial experts involved, so that it would truly be “our idea.”
For my identity, I did explain in my other post why I have not used my real name and have actually offered to doxx myself to anybody that cares, just send me a DM.
On the team aspect , I used “my idea” because what I would call a “team” right now wouldn’t really pass as one because the only person with relevant knowledge and experience at this time is me. I have interns working with me but they mostly do low level work and brainstorming.
What I’m actually trying to do with this auction of 172 NFTs is to build a formidable team of collaborators from the EA community who will collab with me in the first stage to set everything up properly.
I expect / hope those who decide to support and collaborate with me would have the nice-to-have characteristics I listed in my post which includes experts and experienced people in almost every relevant area required for such a project.
With this team I intend to work out all the kinks in the first 2 to 3 months and then launch officially.
On the matter of well established systems, even though DAOs are still experimental, there are DAOs that successfully control billions of dollars so it is not impossible, but just like you said, it has to be the right team with relevant experience. I do have experience with DAOs and I hope to onboard members who have the relevant experience to properly manage those large sums.
Many of these things are vastly simplified by using Blockchain.
Reasons I’m suspicious of this:
No clarity about:
identity of the author
identities of the team
No evidence that the author/team have the expertise to:
set up this community
responsibly manage the funds
In general where large amounts of money are involved, it is better to work with well-established systems and people, as this is lower-risk in terms of “unknown unknowns” etc.
While I’m not persuaded this is a scam, the problem is that even well-intentioned ideas can go wrong if the people leading them don’t have the expertise to do so.
I have personally influenced decisions involving billions of dollars before, and despite this, I don’t think I would have anywhere near the expertise to lead this kind of organization. I certainly would not want to call it “my idea”—I would want to get a team of financial experts involved, so that it would truly be “our idea.”
Your points are very valid.
For my identity, I did explain in my other post why I have not used my real name and have actually offered to doxx myself to anybody that cares, just send me a DM.
On the team aspect , I used “my idea” because what I would call a “team” right now wouldn’t really pass as one because the only person with relevant knowledge and experience at this time is me. I have interns working with me but they mostly do low level work and brainstorming.
What I’m actually trying to do with this auction of 172 NFTs is to build a formidable team of collaborators from the EA community who will collab with me in the first stage to set everything up properly.
I expect / hope those who decide to support and collaborate with me would have the nice-to-have characteristics I listed in my post which includes experts and experienced people in almost every relevant area required for such a project.
With this team I intend to work out all the kinks in the first 2 to 3 months and then launch officially.
On the matter of well established systems, even though DAOs are still experimental, there are DAOs that successfully control billions of dollars so it is not impossible, but just like you said, it has to be the right team with relevant experience. I do have experience with DAOs and I hope to onboard members who have the relevant experience to properly manage those large sums.
Many of these things are vastly simplified by using Blockchain.