Having Fun with Mini-DAOs

Transcript

[Music] Hello everyone. Thanks for coming for my talk and my name is Andrea and I've been in crypto since 2018 when I joined Nosis safe to work on mobile and I observed the evolution of the earliest dows and participated in some of them and since 2023 we are bootstrapping Gerland labs with a mission to make participation in decentralized communities fun accessible and rewarding before we jump into the mini dows concept I would like to share shortly really roughly the high level history of the DAO evolution in our space so Vitali coined it in 2013 13 when we when he defined DAO as like an

organization governed by code rather than people then everyone remembers the DAO uh use case it was the huge um I think it was biggest in the industry community fund raise with 12.7 million Ethereum collected back times and then it get hacked that led to the Ethereum hard fork and now we have Ethereum and Ethereum classic but this DAO use case it showed the tremendous potential of the Dows in general and now and then in 2017 2019 we observe like the first building blocks of the future DA ecosystem. Paragon makes a fund raise maker DA launches the serious onchain DAO. Uh we see some small experiments like molec that introduced the RQ concept where participants of the DAO could quit it and collect the part of

its funds. Noisy safe is becoming part uh of the Dow stack infrastructure where all the treasuries are stored and compound start working on onchain governance contracts. When compound introduces it shortly it becomes the standard in the industry lately adopted by tally and now we have a lot of onchain governance which is actually run by the compound governor contracts because of the uh huge prices during the defy summer 2020 snapshot introduces gas voting where votes stored on IPFS instead of onchain and it was also widely adopted and used by now by many cool okay what's okay it's good Um cool thank you then we got some crisis

in 2022 2023 participation rots we observe water apathy wells dominate on the market accumulating a lot of voting power we see some um not so pleasant use cases like rich cute uh from nonsaw where a lot of uh treasury a lot of participants of this community gut it with from the treasury uh Aragon initiate an redemption mechanism but also we saw quite cool experiments Like for example, optimist DA launches become real governance experiments and we see uh some back of the interest to the DA ecosystem in 2425 where huge DS like arbitum D optimism D.

They're running major major funding experiments. We see a lot of evolution in the governance UIX improvements where all the major player introduce some innovations and we also see some first mobile interfaces like ours or lighthouse for example. So we also see that u different teams working on new governance primitives such as um private completely private onchain voting or zk governance and we also observe a lot of VCs um influent money into this ecosystem again so what is a miniow miniow is a technized communityowned organization built for lightweight coordination with low barrier of entry simple utility fights decisions and fun first and gold driven what existing past could be called miniows I would love to suggest you to research projects if you

don't know them yet such as nouns da which is pretty cool single purpose projects like constitution da when they raised funds just to buy a real copy of con constitution it was not successful but still quite a loud case and initiatives for example when you collect money for legal defense u of some prominent people also investment dows uh might be considered miniows um now I'd love to show you a small demo of our application that we are building Cool. So yeah uh at Garland Labs we started with a GL app. It's a mobile port to the DO world. It's a place where you can um discover decentralized autonomous

organization like OJ Dows miniows and participate in many of them. Let's see how the connection network wait. Maybe this way it will be better. Let's see. Yep, we are back. So uh this mobile app that we are building it allows you to discover like once you log in you can see some new dows that appeared recently

with their voters you can see some hot ecosystem proposals some popular dows and you can sign in with your wallet and completely participate in the governance on the go. So the process is pretty simple. I'll just sign in with my Zerium wallet. Then you can enable push notification. We built quite configurable system where you can figure low level like what kind of notifications and how often you want to receive regarding the proposals in the DO system. And you can also see what tokens you have in your balance and which other Dows you can potentially participate. For example, here I see that I have token from Unice and I can follow it. I know I'm already following

it. Yeah. Yes. But I can configure if I want to receive immediate notifications about the proposals, if I want just receive occasional notifications, things like that. Also, we integrated an inbox that allows you to be on top of the things in the DA ecosystem. So I can see uh current active proposals. I can go and read them through. I can make the AI summarization to understand what's going on. Um sorry internet connection here is not perfect. I can say I I can go to the discussion and read the forum what what's happening and I can see a lot of many different interesting things. We built quite exciting analytical features. So you can navigate to any dow let's take it will

be achieve. I can see uh its token information, how it was evolving during the year. I can see if some potential proposals could influence the token price, what kind of proposals there were and etc. I can say that I want to receive immediate notification from Avagotchi and I can see different insights. For example, I can see how many exclusive orders they have. So they have only 22% exclusive orders that participate only in their ecosystem. Or I can see what are the top orders in this DAO. I can see in which other Dows they participate. Are they dedicated only to Agoti or are they also users in or participants in different dows?

Basically this is the app we built. Also one of the cool recent things we did we integrated the innovative split delegation framework developed by the Gnos Guild system. Vora is already employing this delegation network uh framework. So you can go and see active delegates in vela dao. You can delegate and red delegate on mobile. You can uh conf I can like for example here I delegate it to 10 different delegates. And what it allows me to do it allows me to see um which delegates skip the vote, which delegate participate. I can configure push notifications about it.

That brings a lot of use cases like keeping your delegates accountable if you delegate and voting power. So all these cool use cases we built mostly for the OG DOS that have uh this wellestablished governance processes. But yeah, but the uh crypto industry that that we know it, it's like a massive token production industry. Yeah. The first waves of adoption were associated with the altcoins and altcoins they lately formed the like initial OG Dows. The latest adoption cycle was around the meme coins. Usually they have low entry barrier, close to zero utility, but no dows there. And we think that the next option cycle will be around the mini alads or we call them min coins plus+.

It will be um coins with minimum viable utility that it that will allow to build a sustainable communities with align purposes. We think that nouns fall in this category also virtual protocols building something similar here. But uh this is the problem area. We decided to focus inside the government labs and we think how we can we channel the memecoin energy into mini dows. So what are the common assets of crypto communities we have? The largest communities they have media channels they have strong community and they have treasury. So if we compare successful memecoins with OJ Dows they all have strong media channels. The community in

successful mcoins usually much more retail and like strong vi vibrant viral wheels in OJ community right now is basically integration partners some uh service providers they're not very retail friendly and they have B2B dynamics memecoins they don't have public treasuries or Dows they have quite strong treasuries but this is only applies to successful memecoins and in the industry absolute majority of memecoins they fail and they fail because it's super hard to build the community to form the initial treasury and early memecoin founders they need to dump on their community to secure some funds which also kills the momentum completely. So we started thinking about like what we can do in the government

labs what new use cases we can offer to trying to channel memecoin energy into mini but also like trying to use the ex existing mechanics that we already have in the space. One idea that we're exploring is be boosting memecoin media with um DA mechanics and the idea is here idea here is pretty simple. Um creator of the memecoin it might might be owner of the media channel when she tries to pump it and they can set up a mini for it where community members that have this meme coins they can create a proposals of new posts that will be distributed across media channels and get a small reward for this. So now we are designing and working on this

feature that will be available hopefully soon where uh Mimmecoin owners will be able to bootstrap a small DAO and our mobile app participants will be able to propose uh new post ideas to split uh or to distribute around media channels and once the proposal is successful it can be posted into forecaster into lens into X whatever um interface it might be. Another idea that we're working on is a meme holler. Unfortunately, I will not be able to show you concept because I have only two minutes left, but there will be a QR code in the end that you can just scan it and there is a nice video presentation for four minutes. You'll love it. It's a concept that we are building on top of our custer social graph that aims to solve two major problems in the uh communities to trying

to ignite this minial dows. First problem is how can we bootstrap the initial community to make the token launch successful and second problem how we can form the initial treasury to have some funds to work on the project shortterm long-term right so here are some screenshots from mimhala I will not explain the concept in full right now I will just give you a glimpse and you can then scan the QR code and watch the full video presentation of it um we believe that mehol meal concept or media concept that we're working on is just a couple of experiments we're exploring right now. We have many more ideas but as I said our focus area is mostly here even though we have a lot of

products built for the OJ Dows we will be integrating onchain governance for them delegates accountability etc etc but this market alone is not enough for the scale that we want to see in the DO space and we think that the scale come with this part of the market so we decided to focus on this one so uh if you want to have my personal opinion on what's we should expect in 2025 in the DA ecosystem so we will see that culture will start meeting infrastructure. So we'll see a lot of meme dows on chain media organizations and other different experiments that will be using already existing tool in the space. We definitely will see some privacy and civil resistant participation in Dows like it will be driven because of the adoption of ZK

voting ZK participation. We'll already see projects like Ziki passport and self XY Z and the now narrative will shift from decentralized governors to community own memes and internet native organizations. Thank you. And as promised here you can scan the link and watch the console presentations and yeah feel free to contact me. [Music]