Year of the DAO is a newsletter from DAODAO exploring the newest developments and diving deep into the world of DAOs.
DAOs are more than just Web3 organizations. They are the vehicle for those changing the world for the better.
In the corporate world, social responsibility typically comes second to shareholder profit.
In some cases, acts of social responsibility are no more than just a PR stunt.
But with Impact DAOs, social causes are the main priority.
There is a natural harmony between DAOs and social impact.
DAOs enable coordination, collaboration, and innovation, with full transparency and accountability.
Impact DAOs can address a number of different issues including:
Climate Change
Legal Reform
Disease and Health R&D
And so much more.
There are a number of DAOs already making positive impacts on the world. Here are a few examples.
KlimaDAO
KlimaDAO is a collective of environmentalists, developers, and entrepreneurs who aim to pool their knowledge and expertise to drive change in the carbon markets.
$KLIMA is the DAO’s governance token.
Every KLIMA token is backed by a real-world carbon asset.
Tokens are used to offset carbon emissions, interact with DeFi applications, and get exposure to the growing global carbon market.
To date, KlimaDAO has already made a real impact.
17,291,314 tons of carbon have been absorbed by KlimaDAO.
Assange DAO
Back in February, AssangeDAO raised 12,422 ETH ($55M at the time) from over 10,000 contributors.
The DAO's mission is to inspire a powerful solidarity network and fight for the freedom of Julian Assange, the founder of Wiki Leaks.
Contributors to the cause received a "Censored" NFT that cannot be traded until Assange is freed.
Contributors also received $JUSTICE, the DAO's governance token.
Token holders will have the ability to vote on how raised funds will be spent and on future initiatives to fight for Assage's freedom.
AssangeDAO shows what is possible when DAOs are utilized to address legal and social movements on a global scale.
VitaDAO
VitaDAO is a collective for community-governed and decentralized drug development.
The core mission is the acceleration of research and development (R&D) in the longevity space and the extension of human life and healthspan.
The VitaDAO ecosystem is community-governed, decentralized, and circular by design.
$VITA holders are enabled to:
Engage in decision-making/governance
Support specific initiatives
Govern data repositories and the IP portfolio.
VitaDAO addresses the severe lack of critical early-stage funding in the biopharma industry.
The DAO has already raised over $9 Million and evaluated 30+ research projects.
Impact DAOs are making a real difference in a number of various industries.
This is just the beginning and we are just scratching the surface of what is possible through the use of DAOs.
You could start a DAO in order to address a number of noble causes:
Solve world hunger
Eliminate medical debt
Assist disabled veterans
Cure diseases
The possibilities are endless.
Want to change the world?
Create a Social Impact DAO.
Where should you start?
With DAODAO.
DAODAO will allow you to propose an idea, form a community, and raise capital to execute the mission.
All on one platform.
Join the movement at daodao.io and discover the new kind of crypto platform.
Thank you for reading this deep dive into VC DAOs!
If you enjoyed this issue, make sure to check out our thread on VC DAOs!