Disrupt digital launches the pragueDAO incubator

The pragueDAO is the very first DAOstack-powered DAO that have been used to govern physical space. They hope that one day they will become premier incubator that any decentralized tech would choose for startup marketing in the whole city of Prague. The project was spearheaded by none other than Disrupt digital but genesis DAO also played a vital role as the cofounders. It is really a great idea that can literally change how people will be doing business in future.

Disrupt digital who are behind this brilliant idea was founded back in 2014 when this concept was submitted to a competition in Ireland for young entrepreneurs and went ahead to win the competition. From then the idea has kept on getting better and better and currently it is a full scale digital marketing agency that has a focus on supporting the potential startups that are located in the sector of disruptive.

 One of the cofounder of the agency, Clare Kennedy is a very hardworking person and when she is not working at disruptive digital, she spends the time working as a director of silicone valley accelerator. She is an innovative and interesting person who uses her ideas to help her coworkers and develop the agency which is probably one of the reason why the agency has been able to stay a step ahead of others. The agency has really benefited from her experience.

 The pragueDAO incubator experiment has the primary goal of testing how the physical DAOs can be used to govern the physical space. The test area for the project is almost 2000 square feet which is practically enough for both blockchain and the tech supports.

The startups are capable of becoming use for the case of DAO and they have an opportunity of joining the community which will help lead to the development of the space. This is actually a very good opportunity of understanding how DAO works as well as becoming a member of the incubator. Get to understand how everything works and how DAO could affect the future of business and technology and not forgetting the physical locales.

The doors for pragueDAO technically opened on1st of January 2019 and but unfortunately there will not be any tour up until August. The startups have a chance of using the space even before it is launched. The space is actually a very interesting choice for an office to be located which is a converted penthouse and offers a creative area from where work and collaboration with other entrepreneurs will be conducted with ease.

The partners working with DAO

As we have already established, one of the cofounders for the project is Genesis DAO and they have a pretty good relationship between each other. DAO has helped disrupt digital understand the parameters of using pragueDAO with the alchemy application. It is also DAO who provided the income for the project so it is expected that the members of DAO are going to make initial stakeholders in the project. Disrupt digital is also using the help of other start up organizations who helps them create funnels for other great ideas that will be involved in the experiment.

The reputation distribution and how you can get reputation on pragueDAO

As of the current time, there is still a lot that needs to be discussed and debated. But the ideal situation is to make sure they distribute the reputation evenly to the initial stake holders so that they encourage their participation in the DAO.

 And the worst scenario for the disrupt agency is to have DAO that is inactive and have a small number of proposal being posted. That will be a failure of the experiment according to disrupt agency.

What is pragueDAO really worth?

As we already established, the idea is still at the experimental stage and the decision making to non-critical elements of space is limited until that moment that they get clarification on how DAOs is going to be perceived in the eyes of the law. The decision making scope was limited for the sole reason of securing the future of the DAOs. They hope to quickly transition into a very transparent physical DAO which puts the resources as well as the governance on the hands of the stakeholders.