When DAOs Disagree: The Battle of Umami Labs and its Impact on Token Holders with CEO Alex O'Donnell
Charlie sits down with Alex O’Donnell, former CEO of Umami Labs to explore what happens when the decentralized ethos of a DAO clashes with the need for organization. Alex was accused of dumping tokens and intentionally crashing the price for his own personal gain, now he tells his side of the story. They discuss key themes around the fundamental standards of DAOs, the future of DeFi and its role within the broader financial system, tokenomics, and regulating the crypto industry. They close the episode discussing ways to avoid internal conflict within DAOs, which can be achieved through proper regulation and industry maturation.