Typto is the Summoner of DAO Square, a Web3 incubator that helps startups with token economy solutions, technology innovation, and community operations. DAOSquare was inspired by MetaCartel and MolochDAO. Typto is currently based in Beijing, China. Below he shares with us his story, which is ultimately the DAO Square story.
“I never flatter authority, I like being straightforward, and I want to get everything done through my efforts and talent.”
RB: Tell us more about your background.
I’m Typto, summoner of DAOSquare, and also a member of some DAOs, including MolochDAO, MetaCartel, DAOhaus, API3. Before I joined DAO space, I used to be a musician and screenwriter.
RB: How did you get into crypto?
This is a long story! As I said, I’ve been a musician and screenwriter for over ten years, and my skills in music and screenplay are not bad (won 2 national awards). But I never felt like I was really living in it. You know, some rules of the game in those circles are not suited to me, which means I was an out-of-place guy. I never flatter authority, I like being straightforward, and I want to get everything done through my efforts and talent. You can imagine that I didn’t get the truth about this circle, even the truth of this society! I also lost some financial and other opportunities because I didn’t want to get them by violating my principles.
So in 2018, I left those circles and planned to launch a startup project. I know there are many, many people just like me in the music and film industry. They are talented and unwilling to violate their principles for money and fame. So my idea is to unite them and collectively have us realize our dreams together (film and music) in another way, without relying on authority, circle effect, or even capital. But I dropped another mire, the mire of the startup. At the end of 2018, I met an investor, and he told me that “the thing you want to do is DAO.”
This was the first time I heard of a DAO, so I started looking for any clues about DAO. At that time, there was very little content about DAOs available. I found TheDAO’s Wikipedia, some descriptions of DAO projects, and a few pieces. I was starting to understand DAOs, and then, I was excited about it, so excited about it! This is where I should be living, and I found my home!
“From that moment on, I felt like I was really getting home and living with my family. Of course, that is also the time I really got into crypto.”
At the same time, I met some startup entrepreneurs and office workers when I was launching my startup project, and they taught me some things outside of the music and film industry, the larger social reality, such as the entrepreneurial confusion, the inequities of the corporate system, corporate slave, Coasean Ceiling and more. So, I started thinking about how to change all this through a DAO, and DAOSquare gradually came into my mind.
But as I said, I found my home, where was my family? That was at the end of 2019, I met Pet3r_Pan. We had a long talk, and then, he invited me to join MetaCartel and MolochDAO, and I jumped into MetaCartel’s chat group. From that moment on, I felt like I was really getting home and living with my family. Of course, that is also the time I really got into crypto.
For more information on DAOs:
Source: Whiteboard Crypto
RB: What is DAO Square?
A community, a DAO, a project, but not a startup. I feel a startup has a corporate style; maybe it’s a misconception on my part, but anyway, DAOSquare is a new style startup in this new era, and we call it a DAO!
RB: What problem does DAO Square solve?
In the current system there is an imbalance in resource allocation and human coordination or to be more specific, resources are not allocated based on value. Honestly, this topic could be discussed for hours, so I’ll just make a few brief points. This leads to two problems:
- Innovation weakness (resources are concentrated in a very small circle and more innovators don’t have access to resources).
- Organizational weakness (top-down organizational structure and unjust benefit distribution mechanisms lead to the low organizational productivity. So many companies depend on more employees, but more employees will lead to a Coase Ceiling).
As you can see, it has exposed so many problems without us talking about centralization. DAOSquare is not trying to challenge anything traditional. It’s just building a new network or a new social system to give a home to people who are talented, unwilling to submit to a top-down system, and happy to support each other. Just like I’ve got a home at MetaCartel.
So, if you are an innovator, you can meet some like-minded people in DAOSquare, form a team (DAO), at the same time, you can get investment from DAOSquare incubator, and DAOSquare will also help you to validate your project. Moreover, if you are a person with a skill, you can join the happiness and win-win situation of DAOs to create your value and harvest in DAOSquare. Additionally, DAOSquare will help you discover your own ideas! There are more levels in DAOSquare, such as investors, service providers, and more. You can see this is an innovation base. This is why we call DAOSquare an incubator for Web3 but Web3 is another big topic, let’s leave that for next time! In short, DAOSquare is a community for people around the world to live happily together to innovate and succeed.
RB: Discuss some of your projects and initiatives.
DAOSquare is the only thing I‘m doing right now, and I will work on it for the rest of my life. Now, is an important time for DAOSquare because the wheels are turning perfect, I will also take some time to contribute to MetaCartel, MolochDAO, and some other things (like music).
RB: What other projects do you find interesting ?
Below are some projects that excite me:
RB: What are your thoughts on crypto in 2022.
I think 2022 is very important and exciting time for crypto. We will move toward a new stage, a value creation-driven stage. It means many great projects will be born; the communities based on the value of crypto will be stronger; more and more institutions and individuals will join crypto; the influence of crypto value will extend to the larger society. In the end, DAOSquare will also keep rising based on its value and principle!