
Community DAOs

As Community DAOs become aggregators for top talent in crypto, we’ll see more custom tooling built to serve the broader community. And similar to how YC startups usually get initial distribution from other startups in their batch, Community DAOs will get their initial distribution from the other DAOs and projects their community is involved with.
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
Build a media company
Patrick Rivera • Community DAOs
Release NFT drops
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
Invest in tokens (in DeFi protocols, NFT protocols, and other DAOs)
Patrick Rivera • Community DAOs
Launch a tokenized NFT gallery
Patrick Rivera • Community DAOs
There’s a few ways Community DAOs can put themselves in a position to win this game:
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.