The eight most popular DAO ecological types. — How much do you know?

DAO (Decentralized Autonomous Organizations) is a blockchain-based digital world organization composed of a group with common interests. As a derivative of blockchain, DAO ecology has become increasingly perfect and mature, and has been widely used in various fields such as investment, collection, and social, boosting the development of the Web3. In the last article, we mentioned that the primary task in participating in DAO is to learn about the DAO ecosystem. Therefore, this article will take you to understand the main types of the current DAO ecosystem.

The types of DAOs

According to GoodData, the current DAOs ecosystem mainly consists of the following eight types: DAO operating systems, Grants DAOs, collector DAOs, investment DAOs, protocol DAOs, service DAOs, social DAOs, and media DAOs.

• DAO operating systems

The main purpose of the DAO operating systems is to provide convenient modular tools and solutions for different DAOs to create DAO, distribute tokens, vote and perform other functions according to their needs.

For example: DAOStack.

• Grants DAOs

Grants DAOs are primarily used by the community to donate funds and use DAOs to vote on how their treasuries are deployed and distributed to various contributors and developers.

For example: Dream DAO.

• Collector DAOs

Collector DAOs are groups of members who collectively decide to buy art or other digital items. The community votes to buy collectibles and share profits, mainly focusing on investments in the NFT market.

For example: WHALE.

• Investment DAOs

Investment DAOs are to invest in various blockchain assets and projects based on the votes of community members to maximize and distribute the value created by the community.

For example: MetaCartel Ventures.

• Protocol DAOs

Protocol DAOs are for the purpose of decentralization, taking the form of DAO to transfer the decision-making power of some Defi protocols from the core team to the community. By issuing fungible tokens to the secondary market, the entry and exit of DAO members is more free.

For example: Curve.

• Service DAOs

Service DAOs are organizations that aim to meet the needs of professionals for blockchain projects in a timely manner.It is the talent center of blockchain. It bridges the gap between the project side and the web3 employees in every way. Service DAO redefines the way of working in the future, enabling talents from all over the world to work anytime, anywhere, and form their own web3 on-chain resumes.

For example: DxDAO

• Social DAOs

Social DAOs refer to an organization that gathers social groups around common interests, and they gain value by forming new social connections in the community and planning unified actions for certain goals.

For example: FWB DAO.

• Media DAOs

Media DAOs have broken the standard of content consumption in a decentralized way, using token incentives to reward content producers and consumers, which is more reasonable than the traditional social benefit distribution model.

For example: Bankless.

In addition to the above types of DAOs, the DAO ecosystem is still expanding and will develop into all aspects of life in the future. You can find the DAO that is suitable for you, and you can even travel between different DAOs to contribute value and gain benefits, giving full play to your talents. Recently, GoodData plans to deeply integrate privacy computing technology with DAO to create a very practical DAO platform. If you are interested in DAO, you are welcome to follow our account to join our DAO as soon as possible.