DAOs Are Supposed to Be Governed by Votes, Right? Proph3t Says It Doesn’t Work @UnchainedCrypto
DAOs Are Supposed to Be Governed by Votes, Right? Proph3t Says It Doesn’t Work  @UnchainedCrypto
Uploaded July 2026 | Updated September 2026, 2 weeks ago
Nick Almond, head of governance at the Jito Foundation, and Proph3t, cofounder of MetaDAO, debate how DAOs should structure power, from curated delegates to decision markets, then turn to whether a DAO should ever control its own treasury at all.

Host:
πŸ‘‰ Laura Shin - Founder, CEO and Host of Unchained - https://x.com/laurashin

Guests:
πŸ‘‰ Nick Almond - Head of Governance at the Jito Foundation - https://x.com/DrNickA
πŸ‘‰ Proph3t - Co-founder of MetaDAO - https://x.com/metaproph3t

This clip is from a longer conversation on DAO governance and treasury control. Full episode here: youtu.be/CxF2z4HS4qw

We go live every Monday and Thursday - subscribe to catch it live.

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Chapters
πŸ—³οΈ 0:00 How Jito curates DAO delegates instead of leaving power to a chaotic airdrop
βš–οΈ 0:58 Proph3t on why voting is a cost, and how a 51% attack captures a DAO
πŸ”€ 4:05 Alex Van de Sande's plan to redistribute 5 million ENS tokens to new delegates
πŸ›οΈ 7:33 Nick maps DAOs' next phase: substructures picked for expertise, not popularity
🍯 12:13 Why Jeff Lau called ENS's treasury plan a honeypot with zero accountability

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#bitcoin #ethereum #crypto #cryptocurrencies
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DAOs Are Supposed to Be Governed by Votes, Right? Proph3t Says It Doesn’t Work

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