Want to build a DAO on Optimism? Get some OP tokens!
Build a DAO and get 500, 1,500 or 2,000 OP!
Alright, so I got bad news and I got good news!
Bad news is DAO Spring is almost over
Good news is you’re not too late to grab some OP!
WHAT!!! There are OP rewards for people who build DAOs?????
Yep! There‘s an extra incentive for building a DAO on Optimism 👀
Third, second or first places can get 500, 1,500 or 2,000 OP respectively - currently worth >$5,000 & likely more before September!
In this post:
Eligibility criteria
How to do it
Where to apply for that sweet OP!
A few remaining sessions…
Almost over =/= over!
We got a few more things planned for you:
Roles, superpowers & rewards panel + workshop w/ Nick & daolexa
Towards product or community market fit w/ Daniela, Jess & Ian
Future of DAOs talk w/ Dr. Nick
Legalizing DAOs panel w/ Adam Miller & friends
The Grand Finale (DAO demos)
RSVP, join the announcements group & follow on twitter!
Rewards eligibility
We need to make sure you‘re dedicated to your DAO or DAO idea! So, you‘ll need to complete a bunch of quests:
Learn more about DAOs
Come up with a plan for improving or starting a DAO
Start building, testing your hypothesis & iterating
Launch on Optimism
Survive the summer
Read The DAO Playbook
The DAO Playbook is a crowdsourced playbook on successfully building DAOs, with contributions from >60 DAOists from across the DAO ecosystem.
It should help understand DAOs, why people are building them and how to actually build one - read The DAO Playbook v1 here 👈
It‘s long, yes, but it‘s full of wisdom nuggets! At the very least, you should skim it & read the chapters that seem most interesting to you. 🙃
DAO Canvas
Developed by rnDAO, DAO Canvas will help you make sure you have answers to all of the most important questions in regard to your DAO.
Not all questions apply to all DAOs, but you should at least think through all of them and answer the ones you think it makes sense to answer.
To get a bit of intro, watch this:
Go here, copy the board or just fill it up!
Build a landing page &/or MVP
You need to build or update a landing page or MVP for your project. Hopefully you've gotten more clarity about the role your DAO serves, your values that underpin the work, who your target audience is etc.
Before moving on, it might make sense to watch this session:
It can be a basic Squarespace website or even a CharmVerse - but you need to build something.
Write a compelling 1-liner
If you want your DAO to succeed, you need to be able to sell it. To be able to sell it, people need to understand it!
For people to understand & get interested in your DAO, it is absolutely crucial to have a clear 1-liner on what it does:
What problem does it solve?
Who is it for?
Why should they care?
A simple format would be something like “X for people who have problem Y”.
Talk to at least 10 people & get some $
One of the biggest problems in the space is DAOs & projects building things without talking to their users - or not knowing how to talk to them. For better or worse, market research is critical to developing market fit.
So! Talk to at least 10 people about your DAO. And more importantly, make sure you do it the right way & that you actually learn something useful.
We suggest you watch this workshop or check out the lessons from this book.
Remember - the best way to validate your idea is by having people pledge $ or mint your NFT for $. It will be near impossible whether people are lying to make you feel better, until you ask them to back it up with a few $.
Reiterate on your idea or MVP
By now, you should have:
At least skimmed through The DAO Playbook
Watched at least one of DAO Spring sessions
Filled the DAO Canvas
Talked to at least 10 potential customers or members
After doing all of this - how has your idea or execution changed? Time to reiterate on your idea or MVP!
Draft a governance doc
Finally, it wouldn‘t be a DAO if you didn‘t also have to come up with some kind of a governance plan! 🙃
We actually encourage people to start fairly centralized, but come up with a “progressive decentralization” plan on how the DAO should function as it progresses through phases.
Based on all you‘ve learned so far (The DAO Playbook, DAO Canvas, talking to people, DAOing…), write up some kind of a governance framework or an operating agreement.
It doesn‘t have to be long & complicated, in fact, the shorter the better!
Watch DAO Spring recordings (optional)
Above, there are only a few recordings - make sure to check the full playlist!
You can check out the full playlist of DAO Spring recordings here.
Ask for help (optional)
If you have any questions whatsoever - we got 2 things:
The DAO Summoners telegram group
DAO Spring mentors list on CharmVerse
Don‘t hesitate on reaching out!
Launch a DAO on Optimism
We will accept any DAO framework, Safe & Hats Protocol deployment, but it has to be onchain & it has to be on Optimism.
So if you weren‘t planning on launching on Optimism, consider doing it!
Besides the chance to get some OP, it‘s a great ecosystem with a heavy focus on public goods and a bunch of good grant programs 🤷♂️
Join DAO Spring final day (Jun 13th)
It‘s fine if you haven‘t hit all of the above checkboxes, you should still come on the DAO Spring final session & present your DAO or idea 🙃
Fill this by September 18th
🚨 Most importantly - fill this form by September 18th. 🚨
Compete for more (optional)
Besides this, there are 2 more programs you could potentially earn a bit of money in: onchain summer and the land-based DAOs hackathon.
Keep up!
We believe these small rewards are a humble beginning to something great and this is far from the only thing we‘re doing!
The Make DAOs Bloom Again NFT has fully minted out and raised ~$14k for bootstrapping the DAOG liquidity pool 👀
Next:
We‘re launching the DAOG token
We‘re supporting Local DAO Summer
We‘re organizing DAO Rush Week (demos + role fair)
Then another DAOcember + DAO Awards
Then another full circuit + DAO Hack Month! (hackathon) 😱
To stay in loop:
RSVP to events
Join the announcements group
Join the community group
Follow on twitter
Follow on Farcaster
Much love,
peth 🫡