TrendsVC PRO 0079 – DAOs

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Aggregators might capture the majority of the value. Google Flights is a good example of how to get DEXes, NFTs, and DeFi loans.

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TrendsVC PRO 0079 – DAOs

Why it is important
DAOs Make it easier for groups:

Coordinate
Resist strong enemies (i.e. Nation-states)
and to rewrite, without authorisation, the rules for fictional entities (i.e. corporations)

Problem
Geographic, political, or operational coordination issues are common for groups.

Solution
DAOs These are an opportunity for groups to come together and work towards common goals.

Players
Protocol DAOs

ENS • Readable Web3 usernames.
Uniswap • Decentralized exchange.
Curve • Stablecoin liquidity pools.
Invest DAOs

Seed Club • Builds and invests in communities.
Her House • Educates and invests in womxn.
Global Coin Research • Community of learners and investors.
Collector DAOs

HerstoryDAO • Incubating stories of marginalized crypto creators.
PleasrDAO • Acquiring culturally significant NFTs.
Whale • Social currency backed by rare NFTs.
Research DAOs

Water & Music • Building a guide to the music business.
ResearchHub • Accelerating the pace of science.
VitaDAO • Researching, financing and commercializing longevity research.
Social DAOs

FWB • Cultural membership powered by Web3 artists, operators and thinkers.
Developer DAO • Accelerating education and impact of Web3 builders.
Meta Gamma Delta • Society supporting women-Led projects
Service DAOs

Raid Guild • Decentralized collective of Web3 product developers.
MetaFactory • Produces “digiphysical” Goods that connect the worlds
Media DAOs

Forefront • Content and insights aggregator.
BanklessDAO • Helping the world move towards a future of greater freedom.
NFT DAOs

Nouns DAO • Each noun gives the owner a vote in treasury governance.
Loot Owners • ​​A lore-DAO driven to the world-Loot.
17707 • A collectively-CLONEX NFT owned. Opposing Nike’s fractionalization ban.
Who to Follow

Vajresh Balaji • SuperLayer
Patrick Rivera • Mirror
Sneub.eth • Beyond
A Wiseman • Shiny Object Social Club
Cheriehu.eth • Water & Music
Sha.eth • Developer DAO
Spinks.eth • CMX

 Predictions
VC-DAO will follow the protocols that are backed.-Native protocols. Aggregators might capture most of this value. Google Flights is a good example of how to get DEXes, NFTs, and DeFi loans.
SushiSwap was the next to follow Uniswap. Zapper aggregates.
LooksRare followed OpenSea. Genie aggregates.
Aave followed Compound. Pickle aggregates.
NFT DAOs Will thrive. One NFT, one vote. Instead of one token, you can vote once. The Nouns DAO is available. NFTs have a uneven economic value. Governance value will equal.
Liquid democracies are likely to lead to nuanced strategies. Are you a supporter of reproductive rights and gun freedoms? No problem. You can delegate your vote to you. This is direct democracy. Or delegate to a protocol politician. This is representative democracy. Either one can be done without N-Year term windows. This is a liquidity democracy. See ENS delegates.
Search Fund DAOs It will be revealed. PartyBid can be used to buy NFTs in groups. We’re a small step from specifying NFT criteria instead of specific NFTs.
DAOs Supporting social causes will be more common.
ConstitutionDAO was not successful in their bid, but Abolition in Progress won the Declaration of the Anti-Convention on Slavery
#CryptoCookout was born from the presence of brown CryptoPunks on the floor.
FreeRossDAO (SubDAO of PleasrDAO) is an initiative to free Ross Ulbricht.

 Opportunities
Make tools DAOs.
PartyBid allows groups to buy NFTs
Colony makes starting a DAO easy
Juicebox is a funding source for people and projects
Snapshot is decentralized voting system
Beyond contains a selection of tools that can be used by Web3 communities
Coordinape is a tool that helps to scale communities and encourage participation
Provide services DAOs. Vajresh & Adam are here to help DAOs With mechanism design.
Do you want to work? DAOs. See this DAO-Specific job boards
Provide educational resources all around DAOs.
Rabbithole teaches skills like token swapping, lending assets, and more
Thirdweb is a tool that helps you create Web3 projects
BuildSpace offers live sessions
Crowdsource contributions that include bounties. Forefront, Seed Club, and Rare Blocks. Layer3 aggregates bounties.

 There are risks
Smart Contract Risk • The DAO, BadgerDAO, FWB and others were compromised. How “Lindy” Is your DAO in trouble? Are you fighting smart contracts-Tested and/or audited
Social Engineering • A CityDAO admin was hacked. The hacker then used his account to trick members of the community. 29.67 ETH was seized by the hacker.

 Key Lessons
Progressive decentralization helps DAOs You must move quickly. As systems stabilize, they decentralize.
DAOs The NFTs and other primitives are the NFTs. Building blocks. Trustless coordination is still a possibility.DAOs) or digital scarcity (NFTs).

 Hot Takes
DAOs Digitally should be the focus-Native use cases come first. Webvan was too eager to order grocery delivery. Instacart came a decade later. Wikipedia, a brand new form factor, was created before pre-internet was disrupted.-existing models. Digitally-native DAOs There are still many unsolved issues. These issues should be addressed before you take aim at Uber or Airbnb. ConstitutionDAO would have to address security and custody issues if they were awarded the bid. It’s not to me

They should mention the information problem that was preventing them from reaching their goal. We’ll get there. But let’s focus on new form factors, like AMMs, instead of trying to replace Uber right now.
Governance token holders can vote to reward their self over time. See Yearn. Recently, they revised the tokenomics. The proposal received 99% approval. Brantly states that ENS token holders were responsible for airdropping responsibility. It is not free money. The future will show. As other governance token holders with decision-ENS holders could choose to gain some value by gaining control. It is now time to start the conversation. It takes two.-To amend the ENS DAO Constitution, thirds must approve and at least 1% must participate.
Ethereum and Bitcoin are DAOs. This is the most autonomous, decentralized organization in the world.

 Haters
“These are not unstoppable organizations. They can be stopped.”

Do the Chinese government want Bitcoin to be stopped? Probably. They can. They probably can’t. The US government has fought cryptography. Unsuccessfully. DAOs Have the Streisand effect to their side. Martyred DAOs may come back stronger.

“What’s wrong with centralization?”

Nothing. In most cases. In many cases, there is corruption, waste and regulatory captivity in other people.

“Barriers to entry are still high.”

The diffusion of innovations. Adoption is slowed by financial inaccessibility, poor UX and awareness. Think back to the early days of cell phones and laptops. These devices were eventually made affordable.

 Links
Who should I contact? DAOs? • The tweet behind this report.
DAOs Are not leaderless • On why most DAOs are not “flat.”
DAO Primer • Panel discussion led by a16z.

 Similar Reports
Paid Communities • DAOs Hyper.-Groups that are aligned
Social Tokens • “Vibes” Are the primary utility of some DAOs.
Fractional Ownership • This idea is not new. We can learn from the mistakes of the past.
Crowdsourcing • Bounties help DAOs Crowdsource your ideas and implement them.
Equity Crowdfunding • DAO members invest time and money.

 Many thanks
Thanks Vajresh Balaji, Shane Neubauer, A Wiseman, Candace Stewart, Michael Carter, Kevin Galang, Vic Kalchev, Ken O’Friel, Roald Larsen, Lu Doan, Kevin Deol and Sam Hickmann. This report was a lot of fun.

You can also read more
Trends PRO #0079 — DAOs More information is available here

What you’ll get:

8 Protocol DAOs (166% More)
6 Investments DAOs (133% More)
5 Collector DAOs (66% More)
5 Research DAOs (66% More)
5 Social DAOs (66% More)
4 Services DAOs (100% More)
4 Media DAOs (100% More)
6 NFT DAOs (100% More)
16 People to Follow (128% more)
10 Predictions (100% MORE)
10 Opportunities (100% More)
5 Risks (150% more)
5 Key Lessons (150% More)
8 Hot Takes (166% more)
10 Links (233% Additional)
23-A minute long audio episode featuring exclusive DAO stories, insights, and opportunities.
With Trends Pro you’ll learn:

(Pro) How to Launch a DAO
(Pro) How to design a token-Are you looking for a gated community?
( Pro) How do you design and execute airdrops
(Pro) What are you doing? DAOs Use treasuries
( Pro) What are SubDAOs and how do they work?
(Pro) What are treasury swaps?
(Pro) What will you do? DAOs Serve DAOs
and a lot more…

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