In order to start moving our DAO forward, we need to focus on several key areas that will allow us to launch and hopefully complete our first investment by January 31st.
As such, we are looking for GSB DAO members to either lead or take part in any of the following key areas of building and designing:
Defining the working principles of the GSB DAO at launch and vision for 1 year out
Finding the right tech platform to manage our DAO on at launch
Designing the token economics for the DAO
Looking into the right legal and accounting implications of acting and investing as a DAO
Managing the communication of all the above for the all GSB DAO members
As a next step, each such group will hold a zoom to start discussion and coordinate by next Sunday. WE propose to hold all discussions on Friday at 3pm to 4pm EST to allow as many members to connect from various geographies.
Potential outcomes:
For the governance/working principle: come up with a white paper, describing the way the community does the following:
Who can become a member? How do we run ‘KYC’ if at all? Do we cap participation or allow all/just GSB grad in the first stage?
Sources investment ideas (including but not limited to: in which areas we want to invest initially, what counts as an investment opportunity, what is our target per month, which sources we rely on etc.)
Vets investment ideas (including but not limited to: are these ad-hoc or constant teams, does the source takes part, which depth of DD is expected and what is the outcome and timeline of DD)
Execute them (including but not limited to: how do we take investment decisions, what qualifies as majority / quorum, weather we should invest jointly our treasury, open for individuals to invest directly etc)
Support post investment (including but not limited to: how can we support investments? What is the incentive mechanism to have the DAO or members support portfolio etc.)
What is the weight and incentive structure for each of the above stages? How do those participating benefit (‘work to earn’)?
How do we manage the treasury?
Any other areas that need to be covered
For the Tech Platform team:
Compare the top 2-3 platforms in the market that can serve the DAO in its launch phase.
What are the limitations on size, cost, ability to invest vs just manage governance, ease of use (critical factor), legal implications if any
For the Tokenomics team:
What can be the logic and framework for the token overtime (outside the ability to vote as DAO members)
Design the vision for our tokenomics over time
For the Legal and accounting team:
What should we be thinking through when putting together the DAO?
Find 1-2 potential advisors to support us here - might be able to finance through a quick DAO participation if we have a cost estimate
For the comms team:
Help us create a clear mailing list of all participants, hopefully with some quick bios
Format the ‘DAO white paper’ (on notion?) and manage outputs of all teams into one place where we can keep all our learnings
We should aim for a 15-20 min presentation by all teams (total of no more than 1:30 hrs) by Jan 10th, after which key open points can be discussed and voted on by the wider community.
In parallel, it will be great to have 2-3 members starting to source for initial investment opportunities from early Jan, so upon launch we can also bring in a few investment opportunities for the members right after the initial launch.
Any updates?