How to incorporate a DAO and issue tokens to be ready to raise money from VCs

2022.05.21 17:50

How to incorporate a DAO and issue tokens to be ready to raise money from VCs

A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a blockchain like Ethereum (ETH) and are owned and operated by the people who use them.

There are many different types of DAOs, but they all have one thing in common: they are decentralized, meaning that decisions about the organization’s future are decided by the collective group and not a single individual.

Write a white paper

Create a pitch deck

Create a website

Reach out to VCs

Negotiate terms

Close the deal

Use the funds

Pay back the VCs

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