- Let’s do this!
- Make no changes
GIP: 39 title:Should GnosisDAO fund the DAOstar One initiative? author:Joshua Tan (@thelastjosh) status:Phase 2 type:Funding created:2022-04-12
$20,000 to fund an ecosystem collaboration around interoperable standards for DAOs and DAO tooling, as part of a co-funding round led by key organizations in the DAO ecosystem.
DAOstar One is a roundtable of key organizations in the DAO ecosystem working to build interoperable standards for DAOs and DAO tooling.
Its sixty current member organizations include every major DAO framework, a large number of DAO tooling developers, and many major DAOs. Individuals participating include over 20 CEOs/founders and many well-known leaders and researchers in the field.
A group of DAO folks from Aragon, Moloch, Gnosis, Abridged, Tally, and Metagov were chatting at MCON 2021 and someone asked, “wait, hasn’t someone already built a standard for DAOs?” When we realized that the answer was “no”, we decided to start building it. The roundtable emerged out of the effort to build the standard.
There are lots of reasons for a DAO standard. The current EIP working paper outlines a DAO URI and JSON schema, similar to tokenURI, with several immediate use-cases, including DAO discoverability, legibility, and proposal simulation. Additional working groups within DAOstar One focus on multi-chain standards and on identity within DAOs.
DAOstar One, as an organization, is committed to producing, governing, and supporting interoperable standards for the DAO ecosystem. As a neutral industry body, it also supports education and research around DAO use-cases, the development of DAO reference implementations, and other public goods within the DAO ecosystem as called for by its member organizations. We built it to house the first DAO standard, but we believe it has an important role in coordinating the fast-growing DAO ecosystem.
“Let’s challenge each other not to build empires.” - Spencer Graham @ Roundtable #1
We released the draft DAO standard for EVM on Feb. 12, 2022, and officially launched the EIP and the website at ETHDenver / Schelling Point (video of launch ). We will host a series of community calls and public workshops to obtain feedback on the EIP through Q2 2022, after which we hope to finalize the EIP as an ERC standard. To support the standard, we also plan on releasing tools to make compliance easier, including reference implementations, prebuilt endpoints, templates, and documentation for all the URIs recommended in the standard.
In terms of future standards, we plan on drafting a multi-chain DAO standard immediately after ETHDenver (the EVM standard is written with multi-chain in mind), and have brought in representatives from the Interchain Foundation (Cosmos), DAODAO (Cosmos), AstroDAO (NEAR), ADAO (Cardano), and others to begin this conversation. We also plan to convene a working group including Spruce, Sismo, Lit Protocol, Superdao, kycDAO, and the DID Foundation to explore identity and verifiable credentials in DAOs, which we decided was too controversial to go into the first DAO standard.
The roundtable itself is administered and fiscally-sponsored by Metagov, a nonprofit research collective. We plan to convert it to some form of DAO-based governance by the end of Q2 2022, and then progressively decentralize over the course of 2022 and 2023.
Standards are an important public good for the DAO ecosystem because they:
- make development easier for DAO creators and contributors,
- lower the cost and risk of building and investing in the DAO ecosystem for companies and investors, and
- support industry collaboration and coordination in other contexts such as education, regulatory compliance, and research.
However, standards require wrangling to bring key organizations to the table, technical leadership that can shepherd working groups on a timely basis, marketing and advocacy to promote adoption, and organizational support to produce docs and other educational materials.
Further, we believe that a neutral industry body such as DAOstar One brings important benefits for the emerging ecosystem even apart from the standards that we produce and govern. DAOs are still relatively immature, and there are many potential failure modes for the entire industry: getting out-competed on usability by Web2, getting co-opted by big tech or government, losing the narrative and mainstream appeal after too many scams, bad actors, and shoddy projects. We believe that the DAO ecosystem as a whole can navigate these risks better if its members and builders can coordinate and work together. DAOstar One is an expression of that belief and a mechanism to realize it in action.
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