Discover the comprehensive benefits that decentralized autonomous organizations offer to both communities and individuals.
As an organizational form, DAOs have the advantages that all organizational forms have. We see as the main benefit of being organized: mobilizing individuals and parties to collectively achieve a common goal. What DAOs add on top of the general benefits of being organized is the subject of this comprehensive guide.
DAOs offer these additional benefits by being member-managed and/or having a decentralized business model and by using groupware and cryptos & tokens based on web3 software & infrastructure.
The distinctive advantages of being a DAO for your community
Empowering members in their collective action & ownership
Boosting organizational efficiency, performance & agility
Keeping your community fair, vital & purposeful
The distinctive advantages of DAO membership for individuals
Being empowered to contribute (governance & execution) to a community with a mission and values you support
Being able to participate with your whole being: as contributor, decision maker, customer, investor or other roles
Having access to a community's assets/products/services and benefit financially and non-financially
"DAOs are a construct that enables people to engage in purposeful, agile, high-performing collective action and shared ownership"
"DAOs for vital communities and vital members"
"DAOs for community agency"
Through: Sharing rights, sharing value, shared decision making, collective action, multi-stakeholder organizing
Through: Protecting the mission, operating consistent with shared values, strengthening social cohesion
Through: Easy organization establishment, efficient operations & transactions, low coordination costs
Through: Transparency, censorship resistance, decentralization
Through: Financial/non-financial value management, asset/resource control, fundraising constructs
Through: Multiple member roles, flexible organizational form, fluid partnering
"DAOs, where I can be purposeful"
"DAOs where I can participate with my whole being"
"Contributed, recognized & benefited"
Sense of belonging, identification with mission, alignment of values, life purpose, community activities, and safety.
Earn reputation points and verifiable credentials that have value inside and outside the DAO ecosystem.
Access to DAO assets under management, with potential for assets to become digital commons.
Value generated by the DAO is distributed to members according to agreed-upon rules.
Ability to use shared value outside the DAO, such as exchanging cryptos into fiat money.
Democratic inclusion: Governance rights to influence the community's direction.
Labor funding: Apply for funds to finance activities and generate income.
Fulfilled needs: Benefit from community products & services.
Return on investment: Share in generated profits through tokens and dividends.
Easy monitoring: Transparent and accessible data for compliance monitoring.
Compliance by design: Co-design compliant constructs through participation.
The benefits of being a DAO or a DAO member do not come naturally. Realizing these benefits require personal skills and organizational capabilities. It requires investments of time, effort and resources.
