How to launch a DAO in 5 steps
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Step 5: Distribute Ownership
Ownership is how you provide member access & vote on governance decisions
There are two ways to get this done:
1. Non-fungible tokens (NFTs)
2. Fungible tokens (ERC20s)
Both have their own advantages and disadvantages (read the full article!)
To summarize a Minimum Viable DAO in 5 steps:
1. Establish a mission
2. Build a community on @discord or @telegram
3. Create a shared treasury with @gnosisPM
4. Construct a governance framework with @SnapshotLabs
5. Distribute ownership with @viamirror or @CoinviseCo
Follow @0x_Lucas