Tooling for DAOs

Struggling to market your DAO? Today, @cryptohun3y tweeted a good take. If you're web3, it's easy to agree. But few DAO operators could define a narrative—much less create one. Thread: How to create a narrative that attracts people to your DAO.

A mistake I see DAO's making is asking for too big of a contribution, too early. Most bounties are too overwhelming for a new member. Instead, give members small ways (micro bounties?) to contribute and earn, and ease them into bigger commitments over time.

A thread about @Coordinape, DAOs, decentralized compensation and its potential and pitfalls, and what it all might mean for the future of work:

1/ Today, we're excited to introduce Web3 Investment Clubs, Syndicate’s first mainstream social investing tool built on Syndicate Protocol ✨ It transforms any Ethereum wallet into a powerful investing DAO in seconds for just the cost of gas. https://t.co/SXE5iEBBA2

In Web3, Member Experience (MX) is as important as User Experience (UX). Here are 30 questions for builders to consider as they design the MX for their DAOs: 🧵👇

Your DAO just raised 250 ETH. You celebrate, but you barely have time to soak it in because your contributors get right to work. All is going great, until tasks start getting lost in Discord 👇

DAOs will learn the hard way that structurelesness is a tyranny. For everyone to have the opportunity to participate in a group, the structure has to be explicit + the rules of engagement open and available to everyone. Who is building DAO tooling? I want to back.

Organizing DAOs right now is like drinking from a fire hose—so much excitement + inbound with very few tools to manage it. Some of the biggest demands I’m seeing from DAOs right now: 🧵⬇️

Start a DAO in four steps. 1) Create a token using a Mirror crowdfund. 2) Store funds in a Gnosis Safe multi-sig. 3) Setup a Snapshot space for governance. 4) Make a Discord with token-gated access. All of which is free to use (minus gas). Good luck!