DAOs
But first, what is a DAO?
Last updated
But first, what is a DAO?
Last updated
A decentralized autonomous organizations (or a DAO) is a collective managed by its members with a shared mission whose rules are enforced in various degrees by self-executing blockchain software (smart contracts). Since these organizations are run with smart contracts, they inherit many of the properties potentially inherent in cypto/blockchain; they could be decentralized, trustless, censorship resistant, digital, and global. DAOs can be used in a wide range of use cases. Some current popular ones include:
Protocol DAOs: community protocol management
Ex: Compound DAO, MakerDAO, ENS DAO
Investment DAOs: collective investing
Ex: Meta Cartel, Flamingo DAO
Service DAOs: freelancer networks
Ex: Developer DAO
Grant-giving DAO: collective public goods funding
Ex: Gitcoin
Social DAO: social club with a crypto treasury
Ex: Friends with Benefits
Media DAO: community run mass communication
Ex: Bankless DAO
NFT Community DAO: collective management of a NFT collection ecosystem
Ex: MegaDAO, ApeCoin DAO, NounsDAO
This is just a taste of the types of DAOs out there. Here are some great resources where you can learn more about specific DAOs:
DAOHQ - a DAO marketplace:
Embark - a DAO/web3 community learning platform:
DeepDAO - a DAO data platform: