David Phelps | Co-Creator Of Joke DAO And Eco DAO

October 15, 2022

David Phelps and Kinjal Shah joined us on a delightful episode of NEWFORUM. Kinjal is a Senior Associate at Blockchain Capital and a contributor at ecodao, Komorebi Collective, and desfemmes. David is also publicly known for being the Co-creator of jokedao and ecodao. He is also an investor at Crowdfund. We had an intriguing conversation about Token Gated Communities, Token Models, DAOs, and Collective Financing!

David shared some insights about Jokedao and why the funniest joke in web3 is yet to be found. David and Kinjal both have investor backgrounds and, at the same time, are  DAO creators and contributors. They shared the pros and cons.We also discussed the new ways of investment and how we pull capital together in Web3.David talked about Token Models and why he believes Inflationary Tokens are most suitable for DAOs. Our brilliant guests also share the pros and cons of DAOs vs. companies. David also gave us an insight into his favorite project; David's passion for growing JokeDao.


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"The nice thing about helping run DAO and seeing all the problems with it informs you why you should not be investing 99 of the space, which is unfortunate. The issues of the space are the opportunities of the space. I spent half of my time looking at this and thinking, none of this stuff works, this is not investible- like stay away, and then the other half of the time I think, oh, this is a huge opportunity because whoever solves this is going to be gigantic..."