Show Notes
Ed and Adam from Wonderverse are back for a deeper dive into their web3 origin story. They also talked about their work bringing DAOs into the nonprofit space. They created a software company called Wonderverse that can be an all-in-one tool for running a DAO.
How they got into web3 and DAOS
Adam got into the crypto space, but Ed was able to start his journey through the simple action of hopping into a Discord channel and saying, hey.
Common Growing Pains Experienced by DAOS
It’s important to keep in mind how your DAO will contribute to the space. Having clarity on this one question will help you to make the hard and easy decisions along the journey of growing your DAO. Lots of DAOs struggle with transparency and tracking of tasks that have been completed.
Larger DAOs struggle with tapping into the community outside the DAO itself and getting people involved in the mission.
Number One Advice for Starting a DAO
Similar to starting a company or any other project, it’s really about giving yourself a deadline, setting up a Twitter, and setting up a Discord. Start talking about what you want to do and see if people start to buy in.
Favorite Tools for Running DAOs
Most business SaaS applications are simply trying to replace excel. Guild and Radical are great tools, but sometimes pen and paper are more than enough to get the job done. They have also done some of their own governance on Jump DAO.
DAOs you have to check out today
Gitcoin is probably one of the most vibrant DAO communities you can find. FWB is a great DAO for people who are interested in the arts.
What is Just DAO It: A Podcast for People Starting DAOs?
Just DAO It! is a podcast for people starting DAOs. Are you thinking about starting a DAO? Just DAO It! Every episode will cover recent DAO news, tweets, and posts from around the web. We’ll break down what the news means for you and combine it with great advice from people who have started or contributed to successful DAOs.
Disclaimer: Just DAO It! is for educational and entertainment purposes only. Just DAO It does **not** contain any legal or financial advice. MIDAO also does not provide legal or financial advice, and nor does your host, yours truly.
Just DAO It! is hosted by Adam Miller, the founder of MIDAO, the company that provides legal entities for DAOs.