Quote:
Originally Posted by Peter_Spaeth
So under that structure, why would I trust my money to the collective (or majority) wisdom of this group? Presumably it would attract people with substantial means but having a lot of money doesn't guarantee anything about being a good card investor.
PS wasn't Evan Mathis involved in some venture like this except with more centralized decisionmaking?
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No guarantees with any investment and if someone does give u a guarantee u gotta run lol. The idea with this is that the collective are smart investors. For example a sports card DAO can be done on an invite only basis to high end collectors to make sure that there is good decision making vs opening it to the general public
Not sure which one Mathis was involved but there are a few centralized ones right now that don’t have any transparency
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