Community DAOs
There’s a few ways Community DAOs can put themselves in a position to win this game:
Patrick Rivera • Community DAOs
Instead of being incorporated in Delaware or the Cayman Islands, DAOs are incorporated in Discord servers and blockchains. DAOs provide an internet-native way of pooling capital, making collective decisions, and capturing value.
Patrick Rivera • Community DAOs
Community tokens > Social tokens. For the past couple years, social tokens were a hot topic when discussing the future of crypto-native consumer apps. The thought went, “wouldn’t it be cool if you could invest in people the same way you can invest in stocks?” Bitclout’s initial traction was a sign that there’s demand for this type of product. But s... See more
Patrick Rivera • Community DAOs
Build a media company
Patrick Rivera • Community DAOs
The org structure of DAOs looks like modern day cooperatives, but over the next decade I believe their scale and impact will rival some of the world’s largest public companies.
Patrick Rivera • Community DAOs
Sell SaaS tools
Patrick Rivera • Community DAOs
Unlike traditional startups, the initial purpose of most Community DAOs isn’t to maximize shareholder value. It’s about the vibes. People want to be surrounded by like minded individuals, make collective decisions, and move the community’s purpose forward.
Patrick Rivera • Community DAOs
Crypto isn’t just a technology, it’s an internet-native economy. Revenue is tracked in ETH. Key decisions are made with community governance. Transactions are enforced on-chain through smart contracts. Treasuries are controlled via multi-sigs. And value is captured with tokens.
Patrick Rivera • Community DAOs
Release NFT drops
Patrick Rivera • Community DAOs
Launch a tokenized NFT gallery