DAO Use Cases

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

DAOs or Distributed Autonomous Organizations are communities with a purpose using software platforms to coordinate and execute the policies of the members.

Here are some key uses cases:

Form a charitable group to pursue nature conservancy.

Create a political action group to pursue a political agenda.

Set up an education initiative to foster new learning.

Build a services firm such as legal support to carry out legal activities on the blockchain.

Gather a group of people to bid on an historic artifact.

Support those who are victims of war and plague.

Set up a lending fund and use the DAO to disburse and collect the funds.

Use a DAO to raise funding for a community of startups.

Employ a DAO to buy a piece of artwork.

Create a DAO to specify, build, and offer a software platform for various uses.

Use a DAO to set up a fund to disburse grants to projects in a sector.

Create a DAO as a membership organization for reputation purposes.

Setup a DAO to keep track of all the other DAOs as directory resources.

Join a DAO that supports an influencer and helps promote their values.

DAOs can be used for many purposes including social, governance, political and economic.

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