added by Alex Wittenberg · updated 2y ago
How to DAO 101: Choosing a Tech Stack for CabinDAO
- Throughout our work, we’ve encountered four main areas of opportunities:
from How to DAO 101: Choosing a Tech Stack for CabinDAO by CabinDAO
Alex Wittenberg added 2y ago
- The toolkit available for DAOs is expanding rapidly and it can be overwhelming to determine where to start. As a first stop, we recommend defining the phases of your organization’s work. We had 4 initial phases of work when starting on CabinDAO:Phase 1: Recruiting the communityPhase 2: Securing initial fundsPhase 3: Communicating with membersPhase ... See more
from How to DAO 101: Choosing a Tech Stack for CabinDAO by CabinDAO
sari added 2y ago
- For any crowdfund, you will need to make specific choices related to the token supply. We recommend talking through these questions with your founders:What will be the total initial supply?Will it be fixed? (e.g. will future token creation be restricted)
from How to DAO 101: Choosing a Tech Stack for CabinDAO by CabinDAO
Alex Wittenberg added 2y ago
- In our case, CabinDAO assigned 3 executive signatories to the Gnosis Safe account, with a requirement that 2 out of 3 signatories were required for any fund transaction. Each signatory had an individual wallet (Metamask) used to confirm the transaction.
from How to DAO 101: Choosing a Tech Stack for CabinDAO by CabinDAO
Alex Wittenberg added 2y ago
- Reward members for ongoing work and activitiesEnter in inter-DAO partnerships by exchanging tokensPotentially conduct a second crowdfundProvide liquidity for the secondary token market if needed (e.g. via Uniswap)
from How to DAO 101: Choosing a Tech Stack for CabinDAO by CabinDAO
Alex Wittenberg added 2y ago
- We chose Gnosis Safe as our crypto-native treasury platform. Gnosis provided two critical features: The ability to have each distribution of funds approved by multiple team members (a.k.a. Multi-signature), and a central location to preserve a mixture of funds: Ether and the social token.
from How to DAO 101: Choosing a Tech Stack for CabinDAO by CabinDAO
Alex Wittenberg added 2y ago
- During this initial phase, we spent some time creating a following on Twitter and then published a launch article through the blogging platform Mirror. At its core, Mirror is a publishing platform like Substack or Medium but built with Ethereum. In short, you can “blog on the blockchain”. Unlike other publishing sites, Mirror is a crypto-native sol... See more
from How to DAO 101: Choosing a Tech Stack for CabinDAO by CabinDAO
Alex Wittenberg added 2y ago
- After reviewing these questions, make sure to check how much flexibility you need from the crowdfunding technology. For CabinDAO we used default Mirror settings: the initial crowdfund participants would receive 1000 $CABIN per 1 ETH, with a fixed total supply. We also chose to allocate 50% of the fund to the CabinDAO treasury. The supply allocated ... See more
from How to DAO 101: Choosing a Tech Stack for CabinDAO by CabinDAO
Alex Wittenberg added 2y ago
- How do we reliably and effectively community and mobilize the DAO membership?How do we get work done collaboratively?How do we broaden our reach and connect with more people interested in our mission?How do we support delegation of votes (if needed) in the future?
from How to DAO 101: Choosing a Tech Stack for CabinDAO by CabinDAO
Alex Wittenberg added 2y ago