There are many groundbreaking technologies being developed on blockchains and one that I have yet to experience first-hand are truly decentralized organizations. After many decades of both studying and working in centralized, vertical, autocratic organizations, you can imagine that decentralized, horizontal, democratic organizations peak my interests. So, I set off to learn more.
In a series of three installments, I am going to examine these decentralized autonomous organizations (DAOs).
Part One will kick-off the series with a look at:
Part Two will continue by diving into:
Part Three will finish with a look at some of the popular applications and tools used to build and launch a DAO in Ethereum and other ecosystems, including DAO DAO from the Cosmos.
Having just completed my fourth decade in traditional corporations, ranging from the super large to the ultra tiny, I am extremely curious to compare these experiences to what I think is the bleeding edge of organizational innovation.
Decentralized Autonomous Organizations (DAO) are formed for all sorts of reasons; however, they are often formed to create and organize a:
I left a link to a video from DAOhaus in the Sources section. This video perfectly describes why forming a DAO can be such a worthwhile endeavor.
A lot can be learned by studying what existing DAOs are doing, how they are organized, and their value. Deep DAO provides a wealth of information about existing DAOs, including quantitative data on the membership, treasury tokens, treasury value, and governance proposals. Additional details are available for each DAO listed on the site as well as a comprehensive listing of tools for DAOs.
Boardroom is a governance aggregator. You can easily track active proposals across all the DAOs you participate in from one dashboard. In addition, you can receive notifications of proposal activity directly to your email inbox.
DAOhaus is another excellent source for information and links to existing DAOs. They are also building a marketplace for DAOs to highlight and sell their services.
The links to these sites are in the Sources section.
There are many things to consider when wanting to organize a DAO and some of the key components include:
I discussed the types of DAOs at the outset. Excellent tools for sharing content, proposals, and product information/code already exist and include:
Communication tools are also widely available and used actively for members to discuss important topics, proposals, projects, workstreams, team assignments, and key events. These tools include:
I am going to discuss the other key components in the next two installments of this series.
In many ways, the future success of the DAO is closely tied to ensuring that the members have a positive experience. Establishing working groups prior to inception or immediately after the genesis event of the DAO is extremely important. These core elements may include developing a:
In my opinion, an effectively organized DAO supported by clear and concise documentation at the outset is essential to its future success. I think that active participation by the members should be encouraged and they should have a say in developing the core elements of the DAO. Many members will prefer a passive involvement and a productive and functional DAO will instill confidence for all types of participants.
Let’s continue this exploratory journey into the innovative realm of DAOs in Part Two of the series.
Wordt vervolgd – Opa.
DAOhaus YouTube video -
Deep DAO - https://deepdao.io/organizations
Boardroom - https://boardroom.io/
DAOhaus - https://app.daohaus.club/explore
Information Sharing Tools:
Medium - https://medium.com/
Substack - https://substack.com/
Mirror - https://mirror.xyz/
Notion - https://www.notion.so/
Google Apps - https://workspace.google.com/
Gitbook - https://www.gitbook.com/
Radicle - https://radicle.xyz/
Github - https://github.com/
Communication Tools:
Discord - https://discord.com/
Telegram - https://telegram.org/
Commonwealth - https://commonwealth.im/
Discourse - https://www.discourse.org/
Rocket Chat - https://rocket.chat/
You can find me here:
Twitter - @KaasKop_Opa
Medium - https://medium.com/@KaasKop_Opa
Loop - https://www.loop.markets/user/52879
Leo Finance - @kaaskop
