JMC DAO Whitepaper
  • JMC DAO PROJECT SUMMARY
  • PROBLEM STATEMENT
    • New ways for organizing investment funds on blockchain
    • The main common problems of modern "early" DAOs and JMC solutions
    • Stakeholders — who need DAOs?
  • COMPETITION
    • The DAO model / framework
    • DAO setup wizard
  • THE JMC DAO MODEL
    • Operating Sheme
    • Basic Version
    • JMC DAO Member Roles
      • DAO Participants / Token Holders
      • Panel of Experts
      • Council of Protectors
      • Manager
      • Project Manager
      • Agent
    • DAO Treasury
    • DAO Tokens
    • Voting Mechanism
      • Voting on Proposals
        • 1. List of Proposals
        • 2. Voting Queue
        • 3. DAO Voting Type I
        • 4. "RageQuit" Timeout
        • 5. Execution
      • Voting on Investment Projects
        • 1. Experts & Protectors Vote
        • 2. Voting Queue
        • 3. DAO Voting type II
        • 4. "RageQuit" timeout
        • 5. Execution
  • THE "DAO SETUP WIZARD" PLATFORM
    • WALLETS AND TRANSACTIONS
    • DAO SETTINGS AND PLANNED FUNCTIONALITY
      • 1. DAO tokens
      • 2. DAO Token Holders, Experts, Protectors, Manager, Agents
      • 3. DAO Treasury
      • 4. Classes of Standard Proposals
      • 5. Proposals
      • 6. Investment Projects
      • 7. DAO Voting
      • 8. DAO Design
  • THE DAO LEGAL WRAPPER
  • MONETIZATION
    • "Freemium"
    • $10B Growing Market
  • THE PRO TEAM OF 4 CEOs
Powered by GitBook
On this page
  1. COMPETITION

DAO setup wizard

The creation of DAO setup wizard is the goal of our project. However, looking at current DAO problems we decided to first offer a more mature DAO model which could be customizable in many ways. We think that these two projects are the most promising DAO configuration frameworks as of now:

- Aragon (aragon.org) is the best-known DAO platform in the Ethereum ecosystem, which presents a secure framework for building DAOs, the ability to use a large number of smart contract templates and connect to Aragon Apps (Tokens, Voting, Finance, Agent, etc.). The platform is managed by the Aragon Network DAO ("AN DAO")[1]. The platform is developed by the non-profit Aragon Association (Switzerland). More than 3K DAOs have already been created using the Aragon platform, and AN DAO Treasury holds $200 million in assets.

- SuperDAO project (superdao.co) positions itself as “a shopify for DAOs”. Raised $10,5 in January 2022 from a number of VCs. Now under development.

Difference from JMC DAO setup wizard concept:

These platform offers what we call “first generation DAOs” with one mechanism (type) for each DAO to vote on all possible issues & all other corresponding problems attached. The customization of these DAOs require a team of developers, is slow and costly.

Our wizard will help to setup highly customizable DAOs because almost all DAO parameters are adjustable on-chain without the need to code. MIPT experts say this will speed up DAO customization 4x-20x or more thus proportionally decreasing costs.


[1] The structure of AN DAO includes three committees elected by the participants of AN DAO, organized as Sub-DAO: Executive Sub-DAO (control over treasury) , Tech Committee (integrates code), Compliance Sub-DAO (ethics, risks, etc, has veto power).

PreviousThe DAO model / frameworkNextTHE JMC DAO MODEL

Last updated 2 years ago