Sublime

3. Grant/Launchpad DAOIn a grant DAO, members of the community donate funds into the grant pool, and they vote on how to allocate and distribute the funds. These DAOs are in charge of funding new innovative DeFi projects. The organizations that need funding just need to submit applications. An excellent example of a Grant DAO is the Moloch DAO. The... See more

It’s difficult to understand just how revolutionary Decentralized Autonomous Organizations (DAOs) are unless you’ve attempted to navigate financial regulation, set up a payroll or establish a charity. The latter can take years and involve recruiting trustees, choosing an organizational structure, writing a governing document and getting approval fr... See more

A DAO uses blockchains and smart contracts to organize the mechanics of corporate governance, thereby facilitating collective participation of distributed participants in the funding and production of community goods. There are now several prominent DAOs in the Ethereum community, and recent legal moves in places like Wyoming have begun establishin... See more

Grants: Virtually every major DAO has a Grants Program at this point. These are often run by a small group of community-elected contributors who are responsible for reviewing grant requests and allocating capital accordingly. Protocol DAOs like Compound, Uniswap, Aave, and others have massive pools of capital that they’re distributing to those that... See more

DAOs advance web3’s benefits by enabling decentralization. They allow developer companies to hand control of the developed networks and protocols to users, most commonly through the distribution of governance tokens. This process effectively turns the networks and protocols into public utilities that users can then build on top of, knowing that the... See more