I recently did a presentation on DAOs and Tooling in the context of Celo. I am sharing the info here in case someone might find it useful. You can find the deck here.
What is a DAO?
The term “DAO” is pretty nebulous and definitions will vary depending on who you ask. I like to think of DAOs as internet communities that have a shared mission or objective. They are are group of people, organizing online, that are trying to do something. Oftentimes these groups have a shared, transparent pool of funds and processes to allocate funds to help do thing that brought the group together.
This is a very loose definition, but hopefully helps begin to paint a picture.
Crucial components of DAOs:
- The community of people gathering around and working toward the mission
Features of DAOs
- Fluid membership, often related to a token
- Transparency
- publicly visible treasuries
- share learnings, successes and failures publicly
- Inclusivity
- Anon participants
- barriers to participation are only technical competence and initiative
- Flexible, dynamic orgs
- low/fluid barriers to participation
- Experimental
- This is new, we are collectively figuring out how to DAO
(Some) Core components
- Treasury
- Gnosis Safe
- Voting
- Forums (informal)
- Snapshot (formal voting)
- Chat / comms
- Discord
- Forums (Discourse)
- Blog
- Medium
- Mirror
Communication
- Discord, Telegram, chat apps
- Token gated chat rooms
- semi private chat rooms
- Gate with ERC20 tokens or NFTs
- https://guild.xyz/ ← works with Celo, check out an example here
- governance
- Discord → Forum → on-chain/formal vote
- Explore DAOs and active governance proposals here
Track work and Compensate Contributors
-
Coordinape
- resource allocation tool for compensation within ‘circles’ (working groups)
-
Govrn
- Track everything DAO members are doing
- Discord bot for data collection
- SourceCred
Scaling DAOs
- SubDAOs (working groups)
- autonomous sub-structures that are mission aligned with the DAO
- focus on specific needs (writing, legal, software developments, ops, governance, etc)
- Proposal → funding → build a team
Frameworks
- MolochDAO (DAOhaus), live on Celo here
- XDAO (on Celo)
- Zodiac
- Tribute DAO
- Gnosis Safe + Snapshot + SafeSnap
Additional Resources
- Bankless DAO, State of the DAOs substack