Thoughts about VC and PleasrDAO x BitDAO

By xuanling11 | Crypto Learning | 6 May 2022


ab93cfce5f7c91c683172e568644c8ad42e177d137c84cec30e39106a833b327.png

Join BitDAO to earn a $BIT token here


 

BIP-8: PleasrDAO x BitDAO proposal is passed without a doubt! 🙌

 

 

As BitDAO holds one of the largest treasury in the DAO space with approximately $2B, why choose PleasrDAO but not others?

 

Before exploring this question, let me share some background information about PleasrDAO.

 

🤔 What is PleasrDAO

 

PleasrDAO's primary focus is on NFT collections and art collections. It is a DAO built from holding collectibles and building a community around such a mission. Well-known collectibles include the original piece of the Doge meme.

 

 

🤔 What is Venture Capital (VC) and How Does it Work

 

It is a way to invest in private equity without fully committing to one. So instead of owning one private equity company, you have a basket of many. Similar to ETF or Exchange-Traded Fund but in an early stage of the company growth phase.

 

That being said, the way to invest through VC is totally different from than regular investment strategy. 

 

When you buy stocks and hold them until one day, they will go up 📈. This strategy is not working in VC! Since the stock market is a mature stage of the company, there is more information for people to gather and learn from. 

 

From VC’s perspective, you are not betting 🎲 against the odds of winning the future.

 

The money you invest is not just for seeking higher returns but to help the company to grow and support its way to success as working capital. 🤝

 

VC buys an idea and nurtures 🌱 it for a short period. 

 

VC has to make sure their investment is:

 

1️⃣ sufficient returns to attract private equity funds

2️⃣ attractive returns to own participants

3️⃣ sufficient upside potential to validate a high-quality idea can generate high returns

 

A very risky investment both to beat the odds of business success and beat the market simultaneously! ✌️

 

To become a good VC investor, you need to be in the right 🏹 industry at a suitable timing ⏳ on the market. 

 

🤔 Crypto VC

 

Crypto VC is similar to traditional VC, except they invested in crypto relative companies or organizations. It is riskier because you will consider a layer of crypto, which is a speculative native asset.

 

🤔 VC DAO

 

new form of VC hybrid with the community has been introduced in the space. Combined with community-driven ideas, it supports the VC team in making a better investment judgment. 

 

The question is will the community drive the VC? 

 

🤔 Community-driven VC or VC-driven Community

 

Jon Allen from Mirana Ventures mentioned in his article that because of the nature of VC that legal requirements to prevent information sharing in a public forum during a deal negotiation. 

 

Because of the nature of VC, timing to entry is a crucial factor for the VC team to make viable decisions. 

 

Of course, such action does not neglect the community but helps the community grow stronger. After all, we all work toward the same goal to grow BitDAO and make every bit count 🥳.

 

🤔 Why PleasrDAO then?

 

The team from BitDAO has highlighted information about such a proposal here.

 

More importantly, it is a collective effort to make such a partnership work, and the community votes to pass the proposal.

ac77e64b7a5c01cd3d885da9265a48589e07cd73ec069464d25eca6e648e5dee.png

Of course, this is just my opinion 😬.

 

 

 

👋 Follow me here


Note: the post was shared on multiple platforms here.

You can refer my previous article lists here and here
------------------------
2022 Prediction
2022 Prediction #1: L1 Scalability
2022 Prediction #2: L2 Bridges
2022 Prediction #3: Zero-Knowledge Proofs or ZKPs
2022 Prediction #4: Regulated Defi On-Chain KYC
2022 Prediction #5: Institutional Crypto Adoption
2022 Prediction #6: Defi Insurance
2022 Prediction #7: NFTs-Based Communities - DAO 1.5
2022 Prediction #8: Metaverse and NFTs
2022 Prediction #9: Web2 Companies’ FOMO
2022 Prediction #10: Time for DAO 2.0
------------------------
DAO The Way
DAO The Way Part 1
DAO The Way Part 2
DAO The Way Part 3
DAO The Way Part 4
DAO The Way Part 5
DAO The Way Part 6
DAO The Way Part 7
DAO The Way Part 8
DAO The Way Part 9
DAO The Way Part 10
DAO The Way Part 11
DAO The Way Part 12
DAO The Way Part 13
------------------------
Learn How To Defi
Learn How To Defi Part 1
Learn How To Defi Part 2
Learn How To Defi Part 3
Learn How To Defi Part 4
Learn How To Defi Part 5
------------------------
Crypto Comics
Crypto Comics
Crypto Comics - PoW
Crypto Comics - Who is Satoshi
Crypto Comics - What is Token
Crypto Comics - What is DeFi
Crypto Comics - What is Wallet
Crypto Comics - What is HODL
Crypto Comics - What is Coinbase
Crypto Comics - What is PoS
Crypto Comics - What is DAO
Crypto Comics - What is A Block
Crypto Comics - What is NFT
Crypto Comics - What is Fork
Crypto Comics - What is Web3
Crypto Comics - What is DeFi-2
Crypto Comics - What is Yearn Finance
Crypto Comics - What is Degen
Crypto Comics - What is Aping
Crypto Comics - What is Cold Wallet
Crypto Comics - What is Hot Wallet
Crypto Comics - What is Airdrop
Crypto Comics - What is DYOR
Crypto Comics - What is 65537
Crypto Comics - What is RC4
Crypto Comics - What is WAGMI
Crypto Comics - What is Bagholder
Crypto Comics - What is Decentralization
Crypto Comics - What is Wallet Address
Crypto Comics - What is Plagiarism in Web3
Crypto Comics - What is Bart Pattern
Crypto Comics - What is Encryption
Crypto Comics - What is Consensus
Crypto Comics - What is Protocol
Crypto Comics - What is Stablecoin
Crypto Comics - What is ApeCoin
Crypto Comics - What is FOMO
Crypto Comics - What is Tokenomics
Crypto Comics - What is APR
Crypto Comics - What is to The Moon
------------------------
Learn Web3 in 100 Days
Learn Web3 in 100 Days - #1 What is the Internet and How Relevant to Web3
Learn Web3 in 100 Days - Day 2: What are the Browsers and Servers
Learn Web3 in 100 Days - Day 3: What are HTTP Status Code
Learn Web3 in 100 Days - Day 4: HTML and CSS and JS
Learn Web3 in 100 Days - Day 5: What is programming
Learn Web3 in 100 Days - Day 6: Markup, Elements, Tags, and Hyperlinks
Learn Web3 in 100 Days - Day 7: Style Your Web
Learn Web3 in 100 Days - Day 8: JS
Learn Web3 in 100 Days - Day 9: SQL
Learn Web3 in 100 Days - Day 10: Front-End
Learn Web3 in 100 Days - Day 11: Front-End Framework
Learn Web3 in 100 Days - Day 12: More HTML
------------------------
Modern Economic Nonsense
Modern Economic Nonsense - Inflation and Incentives
Modern Economical Nonsense - The Astrologist's Way
Modern Economical Nonsense - The VUCA World
Modern Economical Nonsense - Zug Tax and How to Run your Own Monopoly
Modern Economical Nonsense - Participatory Economy
Modern Economical Nonsense - Economic Models
Modern Economical Nonsense - Tokenomic Models
Modern Economical Nonsense - Design A Reputation-Based System
Modern Economical Nonsense — The Money Problem
------------------------
Yearn Finance Comic
Yearn Finance Comic - Part 1
Yearn Finance Comic - Part 2
Yearn Finance Comic - Part 3
Yearn Finance Comic - Part 4
Yearn Finance Comic — Part 5
Yearn Finance Comic - Part 6
------------------------
Curated Lists
Curated Lists - Web3 Culture
Curated Lists - Crypto-enabled Communities
Curated Lists - Crypto Philosophy
------------------------
Defi 101
Defi 101 - Part 1
Defi 101 — Part 2
-------------------------------------------------------------------------------------
Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.

How do you rate this article?


14

0

xuanling11
xuanling11

A delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters to write with a freestyle.


Crypto Learning
Crypto Learning

All article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.