Startup Funding Espresso – How To Setup a DAO

Investor Connect Podcast

How To Setup a DAO Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. DAOs or Distributed Autonomous Organizations bring people together to pursue a common goal. Here are the steps to set up a DAO: Create the DAO from an existing platform that provides DAO structures. Choose a template that best fits the function of the DAO such as membership, company, or fundraising. Set a name for the DAO. Configure the template for your DAO. Adjust the settings for the performance. Launch the DAO. Attach a wallet for managing funds and transfers. You can either attach directly to a network such as Ethereum or set up a testbed. Invite others to join the DAO and contribute to the cause. DAOs give everyone the opportunity to vote on the direction and policies of the group. DAOs range from small-group initiatives to large-scale movements. Start with a small group and test out your idea before setting it up for scaling into a large network. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let’s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact [e-mail] Please , share, and leave a review. Music courtesy of .