How to incorporate a DAO and issue tokens to be ready to raise money from VCs By Cointelegraph
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A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a blockchain like (ETH) and are owned and operated by the people who use them.
There are many different types of DAOs, but they all have one thing in common: they are decentralized, meaning that decisions about the organization’s future are decided by the collective group and not a single individual.
Write a white paper
Create a pitch deck
Create a website
Reach out to VCs
Negotiate terms
Close the deal
Use the funds
Pay back the VCs
Continue Reading on Coin Telegraph
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A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a blockchain like (ETH) and are owned and operated by the people who use them.
There are many different types of DAOs, but they all have one thing in common: they are decentralized, meaning that decisions about the organization’s future are decided by the collective group and not a single individual.
Write a white paper
Create a pitch deck
Create a website
Reach out to VCs
Negotiate terms
Close the deal
Use the funds
Pay back the VCs
Continue Reading on Coin Telegraph