The 2022 Super Bowl featured a parade of commercials for companies in thecryptoindustry.
While the majority advertised exchange platforms, one slot was reserved for a decentralized autonomous organization (DAO).
DAOs are community-led organizations that share common goals, from making profitable investments to building impactful products.
For more details on how they work, check out our explainerhere.
It’s free, every week, in your inbox.
DAOs can be used for a vast array of purposes.
Establish your goals
DAOs are highly mission-driven.
Your personal passions and expertise should play a key role in which organization you join.
Find a DAO that fits your goals
DAOs are extremely diverse.
You could try exploringDAOlistandDeepDAOto find one with objectives that align with your interests.
Most will have some form of charter or mission statement that outlines their goals, guidelines.
These can give you an idea of what to expect and how you’re able to contribute.
Join the community
Youll get a better sense of a DAOs culture by participating in the community.
Take your time to learn how you’re able to help.
Your own contribution will depend on your abilities, as well as the communitys needs and governance.
On the other hand, there is the potential to lose money and for code to go wrong.
Story byThomas Macaulay
Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he e(show all)Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he enjoys playing chess (badly) and the guitar (even worse).
