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Join us each week for a breakdown of everything DAOs and how you can get involved in the communities building Web3.
📖 Reads of the week
4 Key Lessons About Decentralisation in DAOs
As DAOs models continue to DAO, the author goes into the 4 ways that DAOs are have been able to become more decentralized:
There is no agreed definition of decentralization
There are 4 key principles to consider when decentralizing your DAO
Tools and processes will define effective power transfer in DAOs
DAOs should not underestimate leadership accountability, continuity, and offboarding
DAOs as novelty search engines
Companies pursue singular visions verse DAO which can be discovered through self-organization of the network of participants
DAO allows for an organizational structure to be much less defined than traditional companies
DAO’s products can be shared, reused and combined in new contexts, leading in new direction
How ENS DAO Brought Working Groups On-Chain - Orca Protocol
ENS ( .eth naming service) has created the following working groups to create focused groups within the DAO. The Working groups include 👇
Meta-Governance: Providing governance oversight and support of the management and operation of the ENS DAO and working groups;
ENS Ecosystem: Continuing development and improvement of the ENS protocol and ecosystem, with a focus on all technical matters related to ENS;
Community: Supporting the people and organizations that are users of ENS, with a focus on non-technical matters
Public Goods: Amplifying ENS as a public good and funding public goods more broadly within web3.
💰 Raise of the week
Mad Realities Raises $6m Seed Led By Paradigm
The web3 reality dating show raised $6m to continue to build the future of content. Areas they will be focusing on 👇
Interactivity and shared experiences through communities built around attention.
Co-creation and ownership through community voting, NFT sales, etc.
FYI: Mad Realities Proof of Love finale Sunday 5/1 at 8pm ET
🎫 Conference of the week
EthAmsterdam was full of builders creating the decentralized permissionless internet. Check out the top 13 teams 👇
✨DAO Spotlight of the week
**VitaDAO**💛
We are collectively funding, and advancing longevity research in an open and democratic manner.
Vibe Check: This week’s DAO Spotlight falls upon VitaDAO, an experiment in community-governed and decentralized drug development. The DAO’s mission is to accelerate research and development in the longevity space and extend the human life and healthspan. To achieve this, VitaDAO funds research and digitizes it in the form of IP-NFTs. The DAO has provided over $1.5 million of research funding and has another $9 million in its treasury, ready to be allocated to promising projects. True to the Web3 ethos, members who hold VITA tokens can vote for specific initiatives and engage in governance of the DAO’s research, data and IP.
Channel Alpha: The VitaDAO Discord has over 3000 members. To get involved in the community, read through #👋start-here and introduce yourself in #🤝introductions, and members will help you figure out where to contribute. Here is a quick overview of the VitaDAO Working Groups:
Legal: Oversees and increases understanding of all legal matters related to the VitaDAO community and operations.
Awareness: Elevates the profile of VitaDAO to ensure sustainable community growth.
Longevity: Identifies and assesses longevity projects and assets that would be aligned with the VitaDAO community objectives.
Governance: Oversees and iteratively improves all infrastructure processes related to governance and decision-making among the VitaDAO community.
Ops: Supports the planning, execution and monitoring of the VitaDAO communities ongoing activities.
Technical: Manages the development and maintenance needs for the technical functionality of the VitaDAO community.
Tokenomics: Responsible for the creation and ongoing management of the VitaDAO token economy.
And as a true bit of channel alpha, the best way to keep up with everything happening in the VitaDAO community is by reading the #🌱week-in-review channel.
Down the Rabbit Hole: There are plenty of resources for learning more about VitaDAO in the 📰Infos & News📰 section of the Discord, including their Blog and Newsletter. The DAO also published a 2021 Community and Treasury Report, recapping the ups and downs of the past year in VitaDAO.
🐦 Tweet of the week
Manifesting this 🙏 🐦
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