DAO Discovery: Twitter Spaces with SyndicateDAO — Summary

Will is the co-founder of SyndicateDAO, which helps people set up an investment DAO and democratises access to it.

He was involved in ConstitutionDAO in the core team and set up the compliance infrastructure and was a coordinating party in getting it listed on Sotherbys.

He is fluent in speaking about topics such as investment DAOs, community of DAOs and history of DAOs.
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Q: How would you describe the distinction between an investment and community DAO?

The simplest distinction is the expectation of profit.

In an investment DAO you’re putting money in and expecting to get a return and usually you own what they’re investing in, or receiving distributions from the treasury from the profits.

Community DAOs don’t have a profit motive. You’re putting in money or acquiring governance tokens because you believe in the mission and you want to have a voice (RugRadio is an example). Participants are looking to further the ecosystem and support the growth of the NFT community.