GnosisDAO Manifest

Some thoughts from my side.

I personally see the purpose of the GnosisDAO to accelerate the adoption of the “Internet of Value” / web3 / Ethereum / DeFi, whatever you want to call it.

It does that by:

  • Kickstarting, funding and/or governing infrastructure projects
  • Treasury management to increase the financial resources which allow it to operate sustainably and invest in more projects
  • Creating a community of builders and thought-leaders

Building essential infrastructure has always been part of the Gnosis mission statement and is also reflected in the current projects run by Gnosis. Partly, GnosisDAO already benefits from the success of these projects as this facilitates the adoption of Ethereum and therefore increases the value of ETH which the GnosisDAO controls a lot of. However, some projects might also require a more direct way to capture value such as described here.

Bringing value to the GNO Token is essential to achieve this mission, as GNO essentially represents a funding tool:

  • Reward GNO Tokens as grants or investments
  • Distribute GNO Tokens in return for other assets (e.g. ETH) to increase reserves

In this sense, the Gnosis company becomes a service provider for the GnosisDAO to execute on infrastructure or other projects. However, there might be other companies forming to compete with the Gnosis company for GnosisDAO projects, which is what will make GnosisDAO able to scale.

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