How Bankless launched their DAO

Lucas Campbell, Bankless

I’ve got another web3 interview for you today. Today’s guest is Lucas Campbell. He was working at a publishing company called Bankless, which has been evangalizing web3 as the future.

Bankless was doing well based–a little over a million a year–for a company of about 5 people. That’s when Lucas had the idea to launch a DAO, a decentralized autonomous organization.

I want to know why.

Lucas Campbell

Bankless

Lucas Campbell is the Senior Editor at Bankless, the world’s most popular daily crypto email.

Andrew: Hey there, Freedom Fighters. My name is Andrew Warner. I’m the founder of Mixergy, where I interview ambitious entrepreneurs about how they built their businesses, and I’ve got a different type of interview for you today, yet again. This is with a guy called Lucas Campbell. He was working at a publishing company called Bankless, which basically evangelized web three.

This idea that crypto and decentralization is the future. Anyway, the thing was doing well based on my calculations in this interview, which you’ll see me do, They were doing a little over a million a year, about four or five people in the company. Um, and then Lucas had the idea that he wanted to launch a Dow, a decentralized, autonomous organization.

And I wondered why he wanted to do it. By the end of this interview, I understood because what he did was he created a token. He gave it to his best members, the people who were paid, customers of the publishing companies,...

Continue reading the transcript...