DAOs & Tooling on Celo

Ecosystem Dapps
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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
  • Blog

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

Additional Resources

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