Success breeds competition. This is true in web2 but especially in crypto, where switching costs tend to be lower and users are often more mercenary. Last cycle, we saw Uniswap fend off relentless competition from Sushi and many other challengers to defend the throne. Other first movers, like Compound and OpenSea, were less lucky.
One of the best things in life you can be is hard to kill pic.twitter.com/7NSdlq6Qme
— prayingforexits 🏴☠️ (@mrexits) November 5, 2024
When MetaDAO launched futarchy on Solana, it was one of one. There had been Ethereum-aligned blog posts but never any code. Since its launch in early 2024, MetaDAO has steadily gained mindshare and market value with its fresh take on governance. Everyone from Anatoly to Vitalik is now talking about futarchy.
Futarchy is to DAOs wh