District16 DAO

District16 DAO


$5.0M (total external funding)


Greg Tanaka


250,000 Votes to Win on Nov 8, 2022 (Primary: June 8)

... the separation of money and state; [in 1995] a tax holiday on e-commerce, allowing the industry to flourish... [capital gains holiday for crypto] where you sell your Bitcoin to USDC, or you go from USDC to Tether or Avalanche, or whatever it happens to be. My preference would be having no capital gains at all for the next decade, so as to allow this industry to flourish.
... a limited-time moratorium on the capital gains tax on cryptocurrency to ensure that this thriving innovation can progress unburdened... the capital gains tax on cryptocurrency must be temporarily suspended until this vital technology can further develop.
... blockchain, cryptographic protocols, digital assets, decentralized finance and social platforms, NFTs, and DAOs... If elected, this will be of the utmost importance to me.
... to exempt blockchain developers and providers of blockchain services from certain financial reporting and licensing requirements that would unnecessarily burden rising entrepreneurship (HR 528). Specifically, the act would confirm that blockchain innovators who do not take control of consumer funds, do not need to register as a money transmitter. Examples of these entities include "miners" that validate network integrity and multi-signature providers that provide enhanced asset security to users.
A self-described nerd who grew up in a low-income Los Angeles household, Tanaka began coding at age six and won his first coding competition at age seven. His passion and skills for computers earned him an acceptance into Caltech. It also prompted his high school classmates to name him “most likely to not have any elected office.”
Tanaka, the founder and CEO of a crypto trading startup, asserts that cryptocurrencies are “aligned to our democratic ideals.” Tanaka describes them as “race-blind” and “socio-economic blind”.
Coming from [Palo Alto] that’s over a quarter Asian"... Tanaka as a Stop Asian Hate activist with “21st-century solutions”... “My dad still feels like we are guests in this country; we’ve been here since 1880, over 100 years.”
A one percent increase in the population of immigrant college graduates in the United States has been shown to increase patents per capita by 18 percent, and as such access to H1B, EB5, and O-1 visas should be expanded to increase the arrival of talent from abroad.
... policy frameworks which support and advance vital web3 technologies are essential to unleash the yet untapped potential of blockchains, DAOs, and digital assets... an emerging decentralized financial system... comprehensive regulatory infrastructure for stablecoins that prioritizes equity, creates safeguards against financial crimes, and promotes integrity within the system is crucial for realizing the dream of a more inclusive financial future.

Social Media & Events


The 16th Congressional District (was 18th before 2022): 250K Votes to Win

Zoe Lofgren (Democratic Party), Disbursements: $819,837, Cash on hand: $1,284,122
217388/753806 = 28.8% Approval. Goal: 250000/753806 = 33.1%.
National wealthiest district: Median household income: $149,375; Mean household income: $219,655

Radical Social Change

Ben Bartlett: Attorney, Berkeley City Councilmember, California Blockchain Working Group, Partner & Co-Founder Tackett Bartlett, LLP, a boutique law firm committed to client services related to blockchain technologies, DeFi, ad tech, and artificial intelligence. Ben is a fifth generation Berkeley native, crypto and environmental lawyer, and respected community leader. Ben’s mission is to leverage industry and government to deliver innovation, expand opportunity, and protect the environment.
We must always remind ourselves of why we are building – the radical change and the 10x impact... But the most exciting of all is how DAOs are going to change our future of work and social... Our bottom-up approach is the "Basic Income" DAO, paying creatives and builders at $75 per hour – globally for at-will contributions.

“but i saw the 10x social changes in the last decade. i studied cryptography which is indistinguishable from magic. builders around me now all share their code, their development, their dreams in public! ”why do people isolate within one’s own island of governance? a walled garden of assets and collectibles? is it possible to embrace each other and build bridges, singing in harmony?

You are being urged to protect the culture and traditions and morality of an America that no longer exists. A generation ago, my students would have been arrested for indecency for wearing the clothes that they do... Nor does the world "freedom," Your Honor. – Ruth Bader Ginsburg on “Radical. Social. Change.”
Harmony is an open platform for the future generations to create wealth in harmony – or, “to scale trust and to create a radically fair economy”. That means building a decentralized, scalable and secure blockchain to settle any transactions without trusted parties. Here, fairness in radical markets promises everyone the opportunity for creating meaningful wealth.

Now is also the prime time to innovate on consumer marketplaces and social incentives on blockchain. Radical markets mean self-assessed taxation and quadratic stakes; mechanism designs focus on revealing true preferences and multi-round auctions. Both on blockchain can make retail loyalty programs or commerce logistics far more efficient — or even bring social changes in the form of basic income and retroactive funding for public goods. Domains and names like .country will be a perfect breeding ground for these innovations. Again, this DAO will be the first but not the only to boost our community and social impacts. We will announce shortly our additional DAOs for public goods, charity, and language-specific clubs...

Governance: those with the money make the rules... DAO contributors and users can earn liquid political capital and delegated authority... pseudonymously.
Lanhee Chen is a uniquely impressive candidate and someone with whom we are personally committed to helping this election cycle. He is a Hoover Institution Fellow, the Director of Domestic Policy Studies in Public Policy at Stanford, and Chairman of the Board of El Camino Health. He’s one of America’s brightest public policy minds, and has a diversity of life experiences – including time as an investor, educator, and public servant. Lanhee also has strong bipartisan credentials, being one of the few leaders who has been appointed to office by both Republican (George W. Bush) and Democratic (Barack Obama) presidents. He is a California native and the son of Taiwanese immigrants. We believe Lanhee’s combination of inspiring personal background, level-headed policy expertise, and record of high achievement across a range of disciplines, makes him a compelling candidate for public office and why we have chosen to support him and introduce him to you.

Why should you care about a California Controller’s race? Put quite simply, it’s one of the most high-impact positions in California state government. The State Controller is California’s chief financial officer and fiscal watchdog, with the power to audit any expenditure or program in state government. This means that Lanhee will be able to bring transparency and accountability to California’s public schools, COVID relief spending, homelessness spending, Medi-Cal program, and the disastrous $20 billion-dollar unemployment insurance fraud debacle.

The Los Angeles Times endorsed Lanhee for this office last week saying, "Among this strong field, we believe Chen is the best choice for this position. Why? Because he is a sharp thinker with experience analyzing large financial systems, and because the controller should be as independent from the party in power as possible." Chen was an accomplished speaker and debater in high school, and was one of the top students in California and nationally in the International Extemporaneous speaking and Lincoln-Douglas debate. At Harvard, Chen roomed with Tom Cotton, US Senator representing Arkansas. In 2015, Chen was named one of the POLITICO 50, a list of the top "thinkers, doers, and visionaries transforming American politics". In 2015, Chen was selected as a member of the Committee of 100, a membership organization of Chinese Americans dedicated to the spirit of excellence and achievement in America.

Similar Victory

This was the second time in as many years that the two Democrats squared off for the seat, an intra-party battle that pitted an aging but loyal party stalwart passionate about civil rights against a fresh younger face eager to address economic issues vital to Silicon Vallley.
2016 Incumbent Defeated, Ro Khanna $3.70M vs Mike Honda $2.96M Raised
69561 - 64847 = 4714 votes for lossing in 2014. 4714/134408 = 3.5% difference, 134408/790519 = 17.0% turn out.