Home Tech How to launch a DAO in 5 steps
How to launch a DAO in 5 steps 🧵
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
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