Structure of DAO

The structure of a DAO

A DAO is a collection of Smart contracts that make up the organization itself. It is typically created using open-source software that is publicly available.

There are various tools available for DAOs, such as Tally, Boardroom, Snapshot, Gnosis Safe, and Pacel, which can be used for voting, treasury management, and other functions. These tools provide features like complex permission management, portfolio management, and expense management. The Total Asset Value of Each Asset Held in DAO Treasury can also be tracked.

There are frameworks like ARAGON, OpenLaw, and DAOstack that provide a foundation for building DAOs. These frameworks offer a set of tools and functionalities to facilitate the creation and management of DAOs.

With the emergence of tools like Collab.Land, it is now possible to create social spaces on platforms like Discord and Telegram that are accessible only to specific participants, such as token holders. This allows for the creation of communities where access is limited to certain individuals. However, it is important to note that not all chats are restricted to token holders only, and anyone can access Discord or Telegram communities in general. This development brings us closer to achieving Democracy with DAO.

It is worth mentioning that Ethereum serves as the infrastructure for DAOs. For more information on the underlying Crypto Layer Structure, please refer to the provided link.