DAO Investment Groups

Description

Taylor Locke:

"Many DAOs fall into one of two general buckets: Those that manage open source, blockchain-based projects together and those that make investments. They can act similar to limited liability companies (LLCs), VC firms or investment firms, like PleasrDAO.

The specifics of each DAO, including its type, structure, rules and governance, depend on the group and its goals.

To those who witnessed the hack of the first DAO in 2016, where millions of dollars were effectively stolen, the term may have a negative connotation. Though there are still risks, DAOs have made great strides since."

(https://www.cnbc.com/2021/10/25/what-are-daos-what-to-know-about-the-next-big-trend-in-crypto.html)

Typology

Taylor Locke:

"Types of DAOs

It’s important to understand that DAO is a broad term than encompasses a huge number of different types of groups and business. Two collectives can be vastly different, but still both be DAOs.

Here are a few examples of well-known DAOs:

   The PleasrDAO collects various NFTs and invests in other assets.
   The HerStory DAO collects and funds projects by Black women and non-binary artists.
   The Komorebi Collective DAO funds women and non-binary crypto founders.
   The Friends with Benefits DAO is an exclusive social club which you pay to enter.
   The MetaCartel Venture DAO is a for-profit business that invests in early stage decentralized applications."

(https://www.cnbc.com/2021/10/25/what-are-daos-what-to-know-about-the-next-big-trend-in-crypto.html)