It’s not a DAO, It’s a Sparkling Multisig

DAOs are internet communities with a shared cap table and bank account.

DAOs are an example of idea machines that can be initialized by a community. It may require more work to raise the funds and awareness to capitalize an idea machine without a major funder, but once they are initialized, DAOs must adopt similar tactics – develop an agenda, spin up and fund support organizations, invest into scene building, attract o... See more

DAOs are playgrounds for exploring design challenges in areas like governance, organizational structure, community incentives, personal sovereignty, and professional development. But even with an emphasis on exploration, creating engagement is hard; it requires an opt-in system and self-directed members who are accountable and striving to level up.

And it’s the beginning of a trend. A new wave of entrepreneurs is building tools to help DAOs function more smoothly by improving user onboarding, project coordination, and contribution tracking. Most take Discord’s centrality for granted. While many of these tools are targeted towards DAOs, they should work for any community that organizes itself ... See more

Create a DAO that looks by all respects like a traditional organization except that it uses tokens for ownership and governance.