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
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  1. COMPETITION

DAO setup wizard

PreviousThe DAO model / frameworkNextTHE JMC DAO MODEL

Last updated 2 years ago

CtrlK

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).