PROBLEM STATEMENT

The number of DAOs grew by 780% in the 12 months leading up to June 2022. However, these "first generation" DAOs mostly share a number of serious problems, which are solved very differently by separate DAOs. All this hinders a broader adoption of DAOs beyond the framework of individual groups of enthusiasts. Common standards are yet to be developed, resulting in the absence of any DAO model that could be suitable for the broad tasks being solved by various communities and businesses.

The second problem the community faces today is the slow speed and high cost of deploying a DAO. The existing simple DAOs of the first generation can be deployed within minutes on a platform like Aragon and several others almost for free. But customizing such a DAO to individual customer requirements, different from the simplest version presented by a platform, to the "minimum viable product" (MVP) will take at least 3-5 weeks of work by a pro team of software engineers with an appropriate cost.

The creation of the DAO Setup Wizard can significantly decrease the time needed to deliver the DAO to the MVP stage. According to MIPT specialists, the time will be reduced by 4 to 20 times. In addition to this, the DAO Setup Wizard should be based on the next-generation DAO model, in which the existing common DAO problems are eliminated or minimized.