Decentralized Autonomous Organizations are back in the spotlight.
From the beginning DAO is just a multi-sig wallet with voting mechanism, key insights:
> 65% of all proposals are from just 10% of DAOs, voting is up 8.3x, 50% of users have voted just once, 75% of users have voted for just 1 DAO, finding loyal & active community members is hard, certain DAOs average over 10 votes per member, the top 5 users have 2000+ votes in a single DAO, how decentralized is DAO governance? Turns out, most DAO proposals are heavily skewed toward a few powerful voters.
Boring numbers, what about real brewery DAO?)
Or Story DAO
And for sure PIZZA!
PizzaDAO believes that independent pizzerias should have the same kind of technology, supplier relationships, and financial power as the big pizza chains. This is where the blockchain comes in. It allows community ownership of businesses.
3 Key Considerations When Starting a DAO:
- Mission // community around that mission
- Ownership // voting system, 1p1v
- Communication // discord, twitter, medium, newsletter, etc.
3 Tools to Help You Operate a DAO:
- POAPs // proof of attendance protocol
- Multi-sig wallet // gnosis safe
- Mercury Debit Cards // legal entity, LLC
DAOs are fun, but..
