{Organization}

DAO's: Organization as code

DU Web3 Hack-a-thon

5/21/22 

{Russell}

Russell Castagnaro

Entrepreneur in Residence : Bufficorn Ventures

Digital Transformation Director : State of Colorado

CEO Wampei - Payments for All

President Hawaii Information Consortium

Organizations

# PRESENTING DAOs
  • Sole Proprietorships
  • Partnerships
    • General Partnerships
    • Limited Partnerships
    • Limited Liability Partnerships
    • Limited Liability Companies
  • Corporations
    • S Corporations
    • C Corporations
    • Professional Corporations
    • Nonprofit Organizations
  • Cooperatives
Its all you -
  You do business as and are taxed as an individual.
  Basically the rules are stacked against Sole Props.
  
  No real need for transparency because its just you.
# PRESENTING DAOs

Sole Proprietorships 

Two or more people are partners for this organization
  Agree to split responsibilities, costs, and profits in a standard way
  
  Liability, equity, decision making, etc.. can be separated in different ways.
  
  Adding partners gets progressively more difiicult to manage.
  
  Transparency is progressively more difficuly too. 

  
# PRESENTING DAOs

Partnerships

owners' personal assets are kept separate from business debts.

Ownership is public from shares issued.
	Taxed based on profits and shareholder dividends.
    Shareholders do not share liability.
    Shareholders do not make day to day decisions.
    
    Minutes and standard reports are required, but there is 
    a very low standard for transparency in most corporations.
    
    


# PRESENTING DAOs

Corporations

Must be operated at cost 

Net margins are returned to members on a patronage basis
Dividends on equity capital is limited
Voting rights are limited to members
Operations are for the mutual benefit of members
Members are not liable for any debt, obligation, or liability
# PRESENTING DAOs

Cooperatives

Colorado Model

# PRESENTING DAOs

Wyoming

Opted to allow LLCs to use tokens  

 

Colorado

Allows a DAO to be the governance mechanism for Cooperatives

Colorado Model

# PRESENTING DAOs

Wyoming

Useful for investment clubs and some real estate  

 

Colorado

Can do almost anything!

{DAOs}

DAOs in real life - They have a reason and it need not be extractive!

Employment commons

# PRESENTING DAOs

Why: Independent contracting stinks.

Who: Gig workers and Contractors.

How: https://opolis.co

Gitcoin

# PRESENTING DAOs

Why: Open Source projects need bettter financial incentives.

Who: Open Source teams, Businesses, Coders

How: https://gitcoin.co/

Song A Day

# PRESENTING DAOs

Why: A new song, every day. Forever.

Who: Artists and music lovers

How: https://songaday.world/

Bufficorn Ventures

# PRESENTING DAOs

Why: Help super-early stage web3 teams develop public goods and needed services for the ecosystem

Who: Developers, business folks, investors, Web3 Ecosystem

How: https://russell.page.link/bv

FIO Protocol

# PRESENTING DAOs

Why: Making Crypto Products Easier So Anyone Can Use Them

Who: Anyone using Crypto

How: https://opolis.co

ShapeShift

# PRESENTING DAOs

Why: Independent contracting stinks.

Who: Corporation that migrated to a DAO for competitive advantage

How: https://shapeshift.com/

{Ideas}

# PRESENTING DAO

Grading - SAT Essays?

Scholarships - Who gets them?

Student government

Tenure determination

Social planning

New Classes?

 

 

# PRESENTING DAO

Web3 gives you tools that have made impossible things possible.  Don't follow the easy path. Solve problems. Get exposed to many different businesses. Be Bold!

 

 

Finally

Thanks

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@eGovGuy