Welcome to another episode of "Beyond Code is Law: Decentralized Governance, Dissected." Host Josh Hale engages in a conversation with Dr. Nike Schmidt, founder of Web3andlaw and a Web3 copyright attorney with over a decade of industry experience. Driven by a keen interest in DAO governance, she brings deep expertise in music licensing and collective rights management to the table. Dr. Schmidt holds a Doctor Juris degree from the University of Freiburg and became a fully qualified lawyer in 2009 after graduating from the University of Tübingen, Germany.

Dr. Schmidt provides practical insights into MakerDAO, highlighting its role in issuing stable coins like DAI and revolutionizing decentralized finance (DeFi) by eliminating intermediaries. The conversation delves into MakerDAO's success, its current market position, and strategic initiatives such as integrating real-world assets through the Spark Protocol. Dr. Schmidt also outlines MakerDAO's vision for achieving full decentralization and its plans, including the introduction of a third brand to enhance accessibility for retail investors.

Join the conversation as they navigate the intricacies of decentralized governance, shedding light on challenges and opportunities in the crypto space. Tune in for a practical examination of MakerDAO's journey and its crucial role in shaping a user-friendly future for DeFi, enriched by Dr. Schmidt's extensive background in music licensing and collective rights management.