While we already have a live prototype and a small working community this post is not yet a formal proposal and we are not requesting any vote on it, yet. We are simply gauging interest and looking for collaborators. We will update this post as the project evolves and ultimately apply for funding.
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Problem
Simply put, DAOs need more and better tools. They can not leverage thousands of SaaS Apps via APIs and are “handcuffed” in the blockchain. Instead of inventing and implementing new organizational structures and processes, DAO members’ time is consumed by plumbing and CSV imports.
Making more and better applications available to DAOs can be achieved by facilitating the development of new Dapps and integrating existing web2 and web3 apps. These challenges inherent in web3 technology today need to be addressed:
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Developing and integrating Dapps via their smart contracts is complex because it requires indexing blockchain data, event detection and metadata management.
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Using and integrating web2 SaaS apps has similar complexities plus storing users’ private API keys and forcing DAOs to handle fiat/card payments is an unsolved issue.
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All protocol-level integrations require users to pay gas fees, creating a cumbersome and unproductive user experience.
Solution
We are proposing to solve this problems in three parts
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A chain agnostic Relay allows running w3-to-w3 and w3-to-w2 transactions as background processes, storing, retrieving, and sharing metadata and allowing for payments like oracles.
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A lean and straightforward development Framework to develop and integrate web2 and web3 apps once and make them available to all DAO frameworks on all chains leveraging the Relay.
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An application Marketplace for DAOs allows users to understand and choose the best chain, framework, and apps to power their DAO.
As a result, DAOs will be able to access a rapidly growing portfolio of best-of-breed web2 and web3 apps that integrate seamlessly with the DAOs no matter what DAO framework or chain they choose. And they can pay for the use of these apps conveniently from their treasury.
On the other side this means for App developers that they will be able to build better apps faster and make them instantly available to a much larger market. Equally or more important they will now be able to charge for the use of their apps directly to the DAOs treasury. This creates additional incentive for developers to not only build new Dapps but for existing web2 SaaS players to enter the web3 market.
Governance
A DAO that governs the framework by guiding and incentivizing developers to create connectors to apps, DAO Frameworks and chains.
Uses cases
- Trigger and batch salary payments from BambooHR, Gusto or other HR solutions for vote/signature, execute or start streams (Superfluid) and write transaction details back into HR systems
- Setup a Google, or TypeForm to capture payment requests and pass them manually or automated for vote. After execution, write transaction details back into the source sheet.
- Build a grant management app using Airtable where grantees provide project details and wallet addresses, review and manage the grant process using custom Airtable interfaces and define grant release milestones. Automatically pass prescreened grants to approval or signature to DAO/MultiSi/Metamask. Update transaction IDs on Airtable then release grants when milestones are met with additional votes.
- Create a custom dApp that allows members, team and contractors to request payments while signing with their wallet. Release payment as withdrawals minimizing transaction failures and providing integral, trustless reporting.
- Batch multiple invoices from Web3 DApps like smart Invoice, Request or Bullla for voting as proposals or signature. Transfer funds back into dApp at execution.
- Automatically write data from any of the above processes into accounting tools like Xero, Quickbooks and Netsuite and/or push data into data warehouses on Google or Amazon for ETL processing and customized reporting.
- Connect with Zapier to receive or send any custom data set resulting from interaction with treasury or proposals functions in the DAO.
Proposal
We will create DAO to provide developers with funds to create connectors to DAO Frameworks, web3 Apps and web2 Apps based on the priorities of the DAOs that will use it. For that we envision creating an ongoing bounty and grant program similar to those in place by DAOHaus and other platforms. We will organize hackathons together with partners and be actively involved in the communities of our DAO members.
Status
We have a prototype product that demonstrates the ease of use that can be achieved with our approach. The product is live (and yet audited!) on the Google Chrome Store and can be used to send native tokens on Harmony and Ethereum. The product will achieve its first 100k of transactions in February 2022. Developed with a Harmony Grant and one, two Hackathon wins.
The easiest way to understand the use of case hands on is to watch a Figma screen recording with the example of DAOHaus and Gnosis a well as the current product go here For a longer 20 min demo that also goes into withdrawal functionality and (merkle) airdrops look here.
We are currently engaging with leading DAOs, DAO Frameworks, DAO Tools and multiple chains to collaborate on the project.
Value for Harmony
As part of the project we need to do a chain specific implementation that will make Harmony based DAOs with Gnosis, Aragon and DAOHaus exponentially more valuable to members and accelerate DAO creation and usage on the Harmony chain.
Looking for
- Harmony based DAOs need to extend their tools set and disposition to collaborate and potentially contribute to the DAO.
- Expertise with Oracle-technologies and implementation as well as related tokenomics to further develop the framework
- Funding from Harmony
Use of funds
- Developing sample apps and connectors
- Developing integration specific to Harmony chain
- Developing connectors to web2/3 apps through 3rd parties
- Developing connectors to DAO tools available on Harmony through 3rd parties
Again, this is not a formal proposal and we are not requesting any vote on it, yet. We are simply gauging interest and looking for collaborators. We will update this post as the project evolves and ultimately apply for funding.