in the crypto world, a new kind of company
is gaining popularity, decentralized autonomous organizations or douse are
member owned and governed organizations based on a Blockchain network
with no central leadership and one such organization is Planner
Tao, which bills itself as a decentralized community of
financial planners committed to bringing crypto education to all financial
professionals as well as providing all people with access to
digital assets. Joining us now to discuss is one
of the co founders of planner Tao steve. Larson
steve. Welcome to the show. So before we
get into what planner Tao does, can you talk
more about what the dow is and how an organization
can benefit from being operated in this decentralized way?
Absolutely. Usually when planted out comes up, we
have to start with what the dow is and talk
about that. So as you mentioned, it's decentralized
autonomous organization and that's how you get the pronunciation tao
. And basically it's a group of people who collate
around a common cause or purpose. It can be
a formal corporation, it can be a nonprofit or
it can just be a movement and the reason they
do it because it gives you more control over the
direction the organization is going. So whether it be
governance or payments to each other or major initiatives,
the members have a lot more control and influence than
they might in a typical organization. So let's talk
about more. Let's talk more about planner Dow.
What does it do? How is it trying to
widen access to crypto? Yeah, we're trying to
accomplish the same things. I I really just mentioned
, we're trying to have financial advisors and financial planners
take control of the profession so we can really guided
ourselves. There's so much to figure out with Cryptocurrency
and digital assets right now that we really want the
people who are on the ground, meeting with the
clients sitting in their offices and kitchen tables around the
country to have an influence over how this is regulated
and how this is implemented. So we have several
initiatives going right now in order to promote what we're
doing and and bring these services to consumers. Do
you think there's any potential drawbacks to having organizations operate
in this decentralized way? Member governed way. And
how does planner planner tao whole aim to fight that
sentiment? Yeah, I don't know if it's drawbacks
, but there's certainly challenges. Um douse our new
and no no to douse look alike. So every
dow has a unique challenge and that certainly applies to
us most doubts that are out there taking existing group
of crypto users and crypto enthusiasts and then they start
a project out in out in crypto land for us
. It's much different. We're taking a group of
professionals who all have professional jobs and our financial planners
and we're trying to introduce them to crypto and run
it in addition. So one of our challenges is
that we don't have people who can necessarily put in
the hours that some of the other doubters have.
So we have to work around that. And so
our challenge of course is producing the volume of work
and press and spreading the word. We might have
a little a little more difficult time doing that than
your typical organization. So planner Tao is the parent
organization of the Crypto Education Platform Inter Access. And
very recently on March 31st planner dow announced it was
merging Inter Access with other crypto education companies. Tell
us about that. Can you tell me more about
the merger and what this new company and this combination
of company aims to do? Yeah. What's really
neat is how we set set this up? So
, planner now itself is a nonprofit organization. It's
, we're applying for five oh one C three status
right now and it does not generate a profit.
It certainly generates revenue to advocate for the industry,
but it's not a company. What we do is
we contract with other companies to provide the education for
our members. So Inter Access and CPU World are
two of those firms of which I owned, one
now merged with another one owned by Adam Bloomberg and
Ron Dixon. And so we provide the education for
people to qualify to take the certified Digital asset advisors
exam. And what's really neat is it's not just
going to be our company's, we're inviting, uh
, numerous other organizations to be education providers as well
as a matter of fact one of them that's coming
on this summer is Rice University is going to be
an official education partner of planner down. So I
want to talk to you as a co founder of
planner. Tao. The companies governed by its members
like you mentioned, it has no central leader.
What is your involvement with the way planner dow operates
on a daily basis? And what initiatives do you
have planned moving forward, steve? Well, ironically
, my role day today is as the central leader
and I'm working as hard as I can to move
that out of there. So unfortunately when you start
any organization that does have to pivot around a few
key people and what we have those key people,
but pretty much all of our initiatives are designed to
give as much control as possible to the members.
So whether that be voting Or distributing tokens are ways
to compensate each other. That's something we're always working
really hard on very, very quickly. About 15
seconds. Can you talk about douse members? What
kind of financial planners are using this platform Steve.
So typically independent financial planners as opposed to some,
you know, maybe big Wall Street planners that you
might hear about? These are independent planners who are
running firms all over the country and they're actively meeting
with clients and they want to learn, how do
I explain this to my clients? How do I
do this safely securely and legally for everybody. All
right, thank you for squeezing that in in 15
seconds. I wanted to get that question and steve
Larson, co founder of Planner Dale. Thank you
so much for your time. Steve have a great 00:05:03.259 --> weekend.