In 2016, members of the Ethereum community created an “unknown” platform, The DAO, which unprecedentedly allows individuals to make suggestions on project development. After making a proposal, community members will vote through the tokens they own to exercise power. The DAO is owned and managed by its members, executes pre-programmed smart contracts, and any changes made in the DAO require community members to vote for implementation. This greatly contributes to the “trustless” environment advocated by the Web3 platform.
In 2022, Web3 users will discover that DAOs can invite anyone to create organizational structures with simplicity, flexibility, and transparency. The types and number of DAOs are growing every day, and their true potential is just beginning to be realized. Today, communities around the world use DAOs to collect, organize, and distribute funds in support of related causes. The “voice” of the crypto community is being heard, and it is believed that the DAO in 2022 will surely become like the NFT in 2021, shining throughout the year.
If you want to learn about DAOs! Want to enter the world of DAO! Want to build your own DAO! Then please read the following content about “DAO Tools” carefully. The use case recommendations for DAO ecological tools in the article are compiled and written by MpaceDAO’s core contributor — DAO ecological researcher Seth Pihkala. After a long period of practice, he recommended the best DAO tools for community members.
Launcher
Aragon
website: https://aragon.org
Aragon is a DAO laucnher and manager.It offers tools for on-chain and off-chain decision-making,tokenomics,dispute resolution,scaled voting through a designated blockchain,optimistic governance,and more.It is governed by the network of Aragon DAOs.
Colony
website:https://colony.io/
The Colony platform offers a free suite of tools to launch and run DAOs -Colonies,which make up Colony as a DAO-of-DAOs.Served capabilities include native DAO setting launching,token issuing selling,and flexible structure,attention treasury management tools.
Syndicate
website:https://syndicate.io/
Syndicate is a decentralized investing protocol and social network that’s transforming the investing world.
Syndicate is building Web3-native tools to create and manage Investing DAOs. Our first product is Web3 Investment Clubs, which is just the first step in developing a full suite of DAO tools for Web3 communities to invest and allocate capital in Web3-native ways.
Security&Privacy
OpenZeppelin
website:https://openzeppelin.com/
OpenZeppelin provides security products for decentralized applications.Its library of modular,reusable smart contracts for Ethereum(on Solidty)is used widely across DeFi and DAOs.It serves its own platform for automated administration and coding of smart contracts in a private,security-prioritizing environment;and contract auditing.
Pessimistic Security
website:https://pessimistic.io/
Pessimistic provides security audits of smart contracts,DeFi platforms and blockchain networks,as well as Blockchain security consultancy and education.It explicitly addresses Blockchain startups,with quite a few DAOs already on its list of audits.
Analytics
DeepDAO
website:https://deepdao.io/
DeepDAO collects and organizes a variety of quantitative and qualitative data about DAOs governance,their structure,people and decision — making.It currently serves interactive data dashboards,project descriptions,a DAO Tools go-to and a governerds’discord channel.
Taly
website:https://www.tally.xyz/
Tally is a portal for Compound Governance DAOs,offering the decision-making management Ul and an explorer for their activity and membership.It also serves educational materials and a newsletter focused on decentralized governance.
DeFi
Compound Governor
website:https://compound.finance/docs/governance
The Compound protocol is governed and upgraded by COMP token-holders, using three distinct components; the COMP token, governance module (Governor Bravo), and Timelock. Together, these contracts allow the community to propose, vote, and implement changes through the administrative functions of a cToken or the Comptroller. Proposals can modify system parameters, support new markets, or add entirely new functionality to the protocol.
Enzyme
website:https://enzyme.finance/
Enzyme is a council-led DAO controlling the Enzyme protocol for assets management,that is based on ready-made and user-strategized investment vaults.It offers DAOs a set of flexible capabilities to run their treasuries,currently leaning towards high-risk DeFi.
Llama
website:https://llama.xyz/
Llama produces a suite of products and services for DAO treasuries,including asset management analysis,financial reporting and DAO-to-DAO financial interactions.
XDAO
website:https://www.xdao.app/
XDAO is a no-code DAO launcher for EVM-compatible blockchain networks,focused on investments.It offers a native suit of tools for treasury management operation and mixed on-/off-chain voting system to save gas fees.It currently BUIDLs a palette of modules to enrich governance and other DAO utilities.
Dispute Resolution
Kleros
website:https://kleros.io/
Kleros is a decentralized dispute resolution protocol for use on smart contract platforms, which has been implemented on Ethereum.
It acts as a decentralized third party capable of providing decisions on the correct result when applying a set of rules to questions ranging from simple to highly complex.
This is achieved by using game-theoretic incentives to have crowdsourced jurors analyze and rule on cases correctly. Hence, Kleros provides judgments in an inexpensive, reliable, typically fast, and decentralized way. Of particular relevance is the use of this protocol to dispute resolution, creating a form of decentralized justice.
Governance
Boardroom
website:https://www.boardroom.info/
Boardroom is a governance data portal for its integrated,mainly DeFi protocol DAOs.It offers a dashboard allowing easier participation,ideation workstreams,and real-time treasury governance data;and an explorer for the integrated DAOs.
Snapshot
website:https://snapshot.org/#/
Snapshot allows anyone to create an off-chain gasless space to manage their own proposal-making and voting strategies based on on-chain registered voting shares.
Vocdoni
website:https://aragon.org/vocdoni
An Aragon product since early 2021,Vocdoni developed and runs Vochain-a blockchain that’s designed to allow infinitely scalable,free, permissionless,anonymous,on-chain voting.
Identity
BrightID
website:https://www.brightid.org/
DAO-governed,Bright ID is a social-graph identity network that pledges to store no personal data.It applies peer evaluatation to identify trusted prospective members as unique users of BrightID uesr dapps.
IDX
website:https://idx.xyz/
IDX is a decentralized ldentity protocol for individuals to own,cultivate,permission and use their unified digital identities at will.It is part of Credify,which facilitates commercial use of such data.
Infrastructure
Ceramic
website:https://ceramic.network/
Ceramic is a decentralized network for composable data.
Ceramic makes building applications with composable Web3 data as easy as browsing a marketplace of data models, plugging them into your app, and storing, updating, and retrieving data from those models. When different applications reuse the same data models, their data is automatically interoperable. By decentralizing application databases, Ceramic makes data composable and reusable across all applications.
ENS
website:https://ens.domains/
The Ethereum Name Service is the provider of unique,NFT name.eth and other.blockchain addresses,which are widely used for Web3 identification.Its DAO is currently heading full governance by the community of.eth holders.
Creator Economy
Mirror
website:https://mirror.xyz/
Mirror is a writers’collective,ideating and community — building through Web3 media publications.Participation is NFT-based and content may be easily NFT-minted and managed on-platform by its creators
Raylly
website:https://rally.io/
Rally is a platform for creators and collectives to autonomously own,present and trade their branded NFT’s,while also curate their own tokenized community of fans,collectors and any interested parties.
Media&Comms
The DAOist
website:https://www.thedaoist.co/
The DAOist is an active DAO ecosystem collaboration for online and offline DAO-related events,media and community-building.
Treasury
Coinshift
website:https://coinshift.xyz/
In Ethereum, crypto companies, DAOs have billions of treasury assets that needs security and diversification to maintain perpetuity. Everything is automated and so are crypto treasuries.
For an Individual, crypto company, or DAO there are so many things that need to be maintained like cash flows, running payroll, and checking transaction activities. Community members, Investors, accountants usually dig Etherscan to check the financial health of a company.
Coinshift is simplifying crypto treasury management. Running on Ethereum which is built on top of Gnosis safe protocol. It is possible to run all the operations you used to run on gnosis safe along with the great UI and Coinshift features.
The End
DAOs are extremely versatile. Underpinned by its democracy, flexibility and collaboration, it enables like-minded individuals to come together and act in a truly global way. This is the essence of the greatness of DAOs. Because of the decentralized nature of DAOs, which means more coordinated tools are needed to manage DAOs and their assets, want to know about DAOs! Want to enter the world of DAO! Want to build your own DAO! You just have to understand the DAO tool.
In the not too distant future, a one-stop toolbox for DAO is bound to emerge! I think that will be a significant aggregation~
Media Links
NFT MINT :_https://thepass.to/#/claim/fixed-price?dao=MPaceDAO-2
website:https://mpacedao.org/
Twitter:https://twitter.com/M_SpaceDAO
Discord:https://discord.gg/zMwzjaPTDY
Medium:https://mpacedao.medium.com/
Istagram:https://www.instagram.com/MPaceDAO
