{"id":16163,"date":"2024-08-16T18:00:00","date_gmt":"2024-08-16T15:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/how-to-build-a-dao-quickly-and-well-a-toolkit\/"},"modified":"2024-08-16T18:00:00","modified_gmt":"2024-08-16T15:00:00","slug":"how-to-build-a-dao-quickly-and-well-a-toolkit","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/how-to-build-a-dao-quickly-and-well-a-toolkit\/","title":{"rendered":"How to build a DAO quickly and well: a toolkit"},"content":{"rendered":"<p>ForkLog has long covered the ideological, legal and other theoretical aspects of building DAOs. Today Web3 entrepreneur Vladimir Menaskop turns to practice and shares tried-and-tested tools for creating a decentralised autonomous organisation.<\/p>\n<h2 class=\"wp-block-heading\"><strong>From the author<\/strong><\/h2>\n<p>Platforms for building DAOs can do a lot, but not everything. Most of the conclusions in this article are based on <a href=\"https:\/\/hub.forklog.com\/menaskop-desyat-let-v-kriptomire-ili-korotko-o-gryadushhem\/\" target=\"_blank\" rel=\"noopener\" title=\"\">personal experience<\/a>, including running <a href=\"https:\/\/hub.forklog.com\/trudnosti-perevoda-v-dao-ili-kriptofshor-na-praktike\/\" target=\"_blank\" rel=\"noopener\" title=\"\">DAO Synergis<\/a> for eight years, as well as involvement in more than 50 decentralised autonomous organisations. The rest comes from parallel research on NFTs, bridges and more.<\/p>\n<p>What follows is a digest of the basics of DAO creation, plus a set of useful links to resources and documents.<\/p>\n<p>The article covers five fundamentals:<\/p>\n<ol class=\"wp-block-list\">\n<li>Technical (organisational).<\/li>\n<li>Marketing (advertising).<\/li>\n<li>Economic (financial).<\/li>\n<li>Legal (juridical).<\/li>\n<li>Ideological (philosophical).<\/li>\n<\/ol>\n<p>If you are new to DAOs, start <a href=\"https:\/\/hub.forklog.com\/rukovodstvo-dlya-nachinayushhih-po-dao\/\" target=\"_blank\" rel=\"noopener\" title=\"\">here<\/a> or with <a href=\"https:\/\/hub.forklog.com\/dao-kniga-prilozhenie-04-zapusk-dao-po-instruktsii\/\" target=\"_blank\" rel=\"noopener\" title=\"\">this<\/a> piece. Because the ideological aspect runs through every vector, it gets no separate section here; see the \u201c<a href=\"https:\/\/bookmate.ru\/books\/XMhOKtbt\" target=\"_blank\" rel=\"noopener\" title=\"\">DAO Book<\/a>\u201d instead.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Technical and organisational aspects<\/strong><\/h2>\n<h2 class=\"wp-block-heading\">Aggregators<\/h2>\n<p>DAO aggregators are a good route to launching your own decentralised autonomous organisation. But as software \u201ccombines\u201d, they can lag: new networks, intricate scenarios, customised analytics and the like often arrive late.<\/p>\n<p>Even so, a few leaders stand out.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Aragon<\/strong><\/h2>\n<p>One of the most successful and swift ICOs, Aragon recently survived a significant crisis, shook off a <a href=\"https:\/\/teletype.in\/@menaskop\/dao-vs-dao-aragon\">raider<\/a> takeover like an irritating louse, and kept going. I have used Aragon\u2019s products since near the project\u2019s inception and, subjectively, give them a neutral-to-positive rating.<\/p>\n<p>Objectively, the system\u2019s modularity is its most notable feature. Other advantages include:<\/p>\n<ul class=\"wp-block-list\">\n<li>more than 7,500 active DAOs;<\/li>\n<li>among the leaders: Lido, Polygon, Curve and others;<\/li>\n<li>DAO customisation.<\/li>\n<\/ul>\n<p>Aragon supports the following networks:<\/p>\n<ul class=\"wp-block-list\">\n<li>Ethereum;<\/li>\n<li>Polygon;<\/li>\n<li>Arbitrum;<\/li>\n<li>Base;<\/li>\n<li>ZKsync.<\/li>\n<\/ul>\n<p>The metrics may not impress Web2 users:<\/p>\n<ul class=\"wp-block-list\">\n<li>monthly traffic around 40,000;<\/li>\n<li>the <a href=\"https:\/\/etherscan.io\/token\/0xa117000000f279d81a1d3cc75430faa017fa5a2e\" target=\"_blank\" rel=\"noopener\" title=\"\">token<\/a> had fewer than 12,000 holders as of August 2024.<\/li>\n<\/ul>\n<p>But the picture changes when you note that projects\u2019 aggregate treasuries exceed $40bn. I therefore recommend Aragon as the most developed ecosystem.<\/p>\n<p>Developers and users of xDAO, Colony and many others may disagree. In any case, once you master one, two or three ecosystems, you realise there is always more. Above all, benchmark your experience against <a href=\"https:\/\/hub.forklog.com\/dao-kniga-prilozhenie-02-polnotsennye-dao\/\" target=\"_blank\" rel=\"noopener\" title=\"\">existing<\/a> DAOs.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Specialised resources<\/strong><\/h2>\n<h2 class=\"wp-block-heading\"><strong>Access to a DAO<\/strong><\/h2>\n<p>By access I mean authorisation in Telegram and Discord chats\u2014and, more rarely, other messengers\u2014on forums and similar venues.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Collab<\/strong><\/h2>\n<p>One of the first niche tools to turn rough products into coherent, working services\u2014and, crucially, stable ones. It supports only Telegram and Discord, but that suffices for many beginnings.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Alternatives<\/strong><\/h2>\n<p>Special mention to <a href=\"http:\/\/myshch.io\" target=\"_blank\" rel=\"noopener\" title=\"\">MyShCh<\/a> and the following:<\/p>\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.gitcoin.co\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Gitcoin<\/a> \u2014 a service that built its Web3-passport analogue, used by many for user authorisation;<\/li>\n<li><a href=\"https:\/\/nomis.cc\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Nomis<\/a> \u2014 a reputation system with one flaw: scores increase for selling, which sits awkwardly with the notion of reputation;<\/li>\n<li><a href=\"https:\/\/0xscore.io\/\" target=\"_blank\" rel=\"noopener\" title=\"\">0xScore<\/a>;<\/li>\n<li><a href=\"https:\/\/aspecta.id\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Aspecta<\/a>;<\/li>\n<li><a href=\"https:\/\/openid3.network\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Openid3<\/a>;<\/li>\n<li><a href=\"https:\/\/www.orangeprotocol.io\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Orange Protocol<\/a>;<\/li>\n<li><a href=\"https:\/\/padolabs.org\/\" target=\"_blank\" rel=\"noopener\" title=\"\">PADO Labs<\/a>;<\/li>\n<li>Civic (another ICO), Idena, Bright ID \u2014 the \u201cold school\u201d of identification;<\/li>\n<li><a href=\"https:\/\/guild.xyz\/explorer\" target=\"_blank\" rel=\"noopener\" title=\"\">Guild<\/a>, which provides access via guilds.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\"><strong>Governance<\/strong><\/h2>\n<p>Recommended reading:<\/p>\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/hub.forklog.com\/dao-upravlencheskie-idei-ot-messari-chast-i\/\" target=\"_blank\" rel=\"noopener\" title=\"\">ideas<\/a> for DAOs from Messari;<\/li>\n<li><a href=\"https:\/\/hub.forklog.com\/dao-kniga-prilozhenie-03-governance-tokeny-i-drugie-prichudy-upravleniya\/\" target=\"_blank\" rel=\"noopener\" title=\"\">a description<\/a> of governance as a process;<\/li>\n<li>the function of <a href=\"https:\/\/teletype.in\/@menaskop\/tokenomics-governance-utility\">token-based governance<\/a>.<\/li>\n<\/ul>\n<p>Among services: gasless voting via Snapshot, the <a href=\"https:\/\/www.discourse.org\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Discourse<\/a> forum engine, <a href=\"https:\/\/commonwealth.im\/communities\" target=\"_blank\" rel=\"noopener\" title=\"\">Commonwealth<\/a> and <a href=\"https:\/\/www.tally.xyz\" target=\"_blank\" rel=\"noopener\" title=\"\">Tally<\/a> for delegation and more.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Marketing<\/strong><\/h2>\n<p>As ever, not straightforward. Two resources nonetheless:<\/p>\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.withflare.co\/\">Flare<\/a>;<\/li>\n<li><a href=\"https:\/\/crowdcreate.us\/crypto-marketing-agency\/\">Crowdcreate<\/a>.<\/li>\n<\/ul>\n<p>At the very least, you\u2019ll have order-of-magnitude numbers and datasets to hand. I also recommend <a href=\"https:\/\/teletype.in\/@menaskop\/crowd-marketing-06\">crowd marketing<\/a> for DAOs \u2014 a genuinely mature P2P tool suited to giants and tiny collectives alike.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Economy (finance)<\/strong><\/h2>\n<h2 class=\"wp-block-heading\"><strong>Token launch<\/strong><\/h2>\n<p>Many platforms already include this function, but here are handy tools for quickly distributing tokens to many recipients:<\/p>\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/disperse.app\/\">Disperse<\/a>;<\/li>\n<li><a href=\"https:\/\/app.unvest.io\/multisender\">Unvest<\/a>;<\/li>\n<li><a href=\"https:\/\/www.pinksale.finance\/airdrop\/create\">Pinksale<\/a>;<\/li>\n<li><a href=\"https:\/\/app.envelop.is\/saft\">Envelop<\/a> \u2014 if you want to send many NFTs and ERC-20s at once.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\"><strong>Accounting<\/strong><\/h2>\n<p>If you use <a href=\"https:\/\/teletype.in\/@menaskop\/gnosis-safe-step-by-step-01\">Safe Wallet<\/a> and have few transactions, a simple scanner plus the Safe\u2019s own internal ledger will do. For more complex needs:<\/p>\n<p>Start with <a href=\"https:\/\/www.consola.finance\/\">Consola<\/a> \u2014 full-featured B2B portfolio analytics, which means inbound and outbound payments.<\/p>\n<p>Of course, DeBank, Zapper, Zerion, CoinDix, Step.Finance and peers remain useful, but bookkeeping and portfolio management are different vectors. Also have a look at the <a href=\"https:\/\/web.archive.org\/web\/20221229115112\/http:\/\/www.coinbooks.finance\/\">archive<\/a>.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Accepting payments<\/strong><\/h2>\n<p>ForkLog has a full piece on this topic; I point you straight to it.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Law and regulation<\/strong><\/h2>\n<h2 class=\"wp-block-heading\"><strong>DAO documents<\/strong><\/h2>\n<p>To begin with, two templates:<\/p>\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/hub.forklog.com\/dao-kniga-prilozhenie-05-ustav-dao\/\">DAO Charter<\/a>.<\/li>\n<li><a href=\"https:\/\/hub.forklog.com\/dao-kniga-prilozhenie-06-dogovor-multipodpisi\/\">Multisig agreement<\/a>.<\/li>\n<\/ol>\n<p>Also strongly recommended: the introductory article \u201c<a href=\"https:\/\/hub.forklog.com\/pravovoj-status-dao-dao-fakty-zakony-perspektivy\/\">The legal status of DAOs<\/a>\u201d, documents developed by <a href=\"https:\/\/www.openlaw.io\">OpenLaw<\/a>, and templates from <a href=\"https:\/\/www.ethsign.xyz\/\">EthSign<\/a>.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Taxes<\/strong><\/h2>\n<p>The most contentious aspect; nonetheless, the <a href=\"https:\/\/koinly.io\/\">Koinly<\/a> service offers cases across many jurisdictions.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Bridging to offline business<\/strong><\/h2>\n<p>Several models are possible; at minimum, consider three:<\/p>\n<ul class=\"wp-block-list\">\n<li>DAOBox \u2014 steadily developing along multiple vectors;<\/li>\n<li>Legal Nodes \u2014 another \u201cwrapper\u201d for DAOs;<\/li>\n<li>Otoc \u2014 among the earliest services in this direction.<\/li>\n<\/ul>\n<p>Study at least one act on <a href=\"https:\/\/www.wyoleg.gov\/Legislation\/2020\/HB0021\" target=\"_blank\" rel=\"noopener\" title=\"\">DAO linkages<\/a>. This vector is evolving fast; track jurisdictions such as the United States, <a href=\"https:\/\/www.binance.com\/pt-BR\/square\/post\/3805092817761\" target=\"_blank\" rel=\"noopener\" title=\"\">Japan<\/a> and the EU. Above all, keep <a href=\"https:\/\/hub.forklog.com\/dao-i-yuridicheskie-litsa-top-100-po-coinmarketcap-pravovye-voprosy-chast-i-ot-1-do-33\/\" target=\"_blank\" rel=\"noopener\" title=\"\">analysing<\/a> practice.<\/p>\n<h2 class=\"wp-block-heading\"><strong>How to build a DAO with these services: a checklist<\/strong><\/h2>\n<p>Here is a ten-step sketch for launching a decentralised autonomous organisation:<\/p>\n<ol class=\"wp-block-list\">\n<li>You need at least two people. A one-person DAO is possible, but there is nothing to decentralise. If you lack partners, set up AI agents\u2014at least you will have someone to test with.<\/li>\n<li>Describe mission, aims, tasks and a rough roadmap in a charter, manifesto or similar.<\/li>\n<li>Formalise tokenomics and basic legal foundations, for example in a white paper.<\/li>\n<li>Create a multisig and lay out rules for its use.<\/li>\n<li>Set up a basic chat: Telegram, Discord or a forum.<\/li>\n<li>Go to Snapshot and create a voting template.<\/li>\n<li>Launch tokens to quantify contributors\u2019 input: NFTs, ERC-20s or another format.<\/li>\n<li>Buy an ENS or other domain and build a simple DAO website \u2014 on-chain and online.<\/li>\n<li>Map out the first actions as a bounty campaign, airdrops or any other post-<span data-descr=\"Token Generation Event\" class=\"old_tooltip\">TGE<\/span> step.<\/li>\n<li>Begin recruiting contributors publicly or in private (by invite).<\/li>\n<\/ol>\n<p>These are very general steps, but with them you will be ahead of any newcomer still searching for a way to build a DAO.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Conclusions<\/strong><\/h2>\n<p>DAOs, like many other Web 3.0 and Web3 segments, remain hidden from hype-driven crowds, leading some to dismiss them. Three points argue otherwise.<\/p>\n<p>First, money: DeepDAO <a href=\"http:\/\/deepdao.io\">reports<\/a> treasuries in the billions\u2014and that is easy to verify.<\/p>\n<p>Second, people: hundreds of thousands already take part in DAOs. Is that much in a world of eight billion? No\u2014so the growth potential is vast.<\/p>\n<p>Third, resources: many of the best today sit in DAOs. Even white-hat hackers and freelancers are already, in effect, contractors to DAOs. BitDAO (Mantle) is a wealthy fund; Uniswap is the leading AMM.<\/p>\n<p>If you are ready, launch your DAO and join the industry\u2019s pioneers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ForkLog has long covered the ideological, legal and other theoretical aspects of building DAOs. Today Web3 entrepreneur Vladimir Menaskop turns to practice and shares tried-and-tested tools for creating a decentralised autonomous organisation. From the author Platforms for building DAOs can do a lot, but not everything. Most of the conclusions in this article are based [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[1144],"tags":[80,1258,1110],"class_list":["post-16163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-longreads","tag-dao","tag-tokenomics","tag-web-3-0"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16163"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16162"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}