Cryptocat social gets insanely backing to
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Some community members have pointed out that the cancellation of an agreement (be it legally, or in the spirit of an agreement) could have serious adverse effects.
![cryptocat social gets insanely backing to cryptocat social gets insanely backing to](https://miro.medium.com/max/12220/1*h1YCNW5LhVCgRX-_o-5JMw.jpeg)
YGG also expressed they want to do more in the future to add more value to the Merit Circle DAO and signaled they intend on being a long-term supporter. However, to add on to YGG’s statement, we’ve received introductions to early stage investments by them, we did not end up investing in these. At a surface level the post showed minimal involvement. YGG has showcased what they have done since they’ve invested here. Since then our relationship has always been friendly. At this point in time, YGG looked like the ideal candidate for this. The ambitions were to unite our knowledge and capabilities in a collaborative manner trying to achieve a more sustainable future for the blockchain gaming industry. YGG was one of the first gaming guilds and therefore felt like a natural addition to the Merit Circle DAO. We expect the space will see many more interesting edge cases like these in DAO governance.Īs we move forward with this proposal and we approach the voting stage, we wish to provide some additional context prior to having this proposal voted on. In hindsight, it was inevitable that DAO governance would come to these crossroads between law and law of code. Needless to say the proposal has not just taken the web3 space by surprise, but has also taken us by surprise. Over the last couple of days, we have been intensively discussing this proposal with all interested parties.