Name of Project / DAO / Company
OpenSwap’s OpenDAO tooling
Product Launch, DAO Tooling
Decentralized Autonomous Organizations are gaining extreme popularity but most operate in an archaic manner. OpenDAO tooling will utilize blockchain technology to manage the decentralized organizations driving the future of blockchain.
OpenSwap’s OpenDAO tooling will allow an organization to manage every aspect of a DAO through a single platform. It is essentially a DAO launchpad, DAO management system, and community platform with the functionality of multi-sig wallet treasury and snapshot voting. Starting with creating a DAO, treasury management, creating a governance token, voting on topics and everything in between.
Through various autonomous smart contracts, you can control every aspect of your DAO. Once actions are approved, OpenDAO tooling will execute the actions automatically through customized smart contracts. With the ability to add additional functions to the DAO, the possibilities are truly limitless. All of this comes with a new level of security to the DAO that requires the elected quorum to approve and execute an action immediately.
Create a new DAO in the blink of an eye.
◈Minimal knowledge creation of a DAO
◈Customized settings for a DAO that fits your needs
◈Customized quorum and total votes need settings
◈Create and declare new function calls
Customized settings allowing you to operate your DAO in your own way.
◈NFT Angel authorization to operate like a governor
◈Governance token creation and distribution
◈Manage minting of existing tokens
◈DEX Management (Add LP Pools, change emission rates on LP pools, etc)
◈Trusted address book stored on-chain
Angels manage the DAO treasury with a multitude of tools readily available
◈Multi-sig wallet capability
◈Send funds to a wallet
◈Add or remove liquidity
A community platform allowing discussions, voting, and management.
◈Voting utilizing integrated governance token
◈Community led proposals and discussions
◈Project led proposals and discussions
Phase #1 = $75,000
Phase #2 = $75,000
Additional proposal ask is due to the complexity of this project. OpenSwap’s DAO tooling will be a combining several separate dapps into one concise protocol. Combining a DAO launchpad, DAO management system, token creator, multi-sig style treasury management, community platform, and snapshot voting system into an elegant and secure single solution. In addition to the effort needed to complete these tasks, there are sizable amounts of smart contracts that will require an substantial audit. With the funds individual DAOs will be entrusting an safety and security is imperative.
Metrics for success
Phase 1 - Rollout and Release:
Testnet = $10,000
Mainnet = $25,000
Training Webinar and documentation = $15,000
Adopted by 10 DAOs = $15,000
DAO w/ multi-sig wallet = $10,000
Phase 2 - Mass adoption:
Adopted by 25 Harmony DAOs = $25,000
Adopted by 50 Harmony DAOs = $50,000
Create a DAO
Create a proposal
Community discussions and proposals
Vote and comment on a topic