Inventory of 8 projects worth interacting with in the DAO field

Since the establishment of DAO, its use cases are constantly iterating and updating. From the early form of crowdfunding activities to today's investment, social networking, development, agreements and other fields, from changing the traditional organizational structure to creating new business models. DAO has become an important form of sharing economic resources and protocol rules.

Although the current development of DAO is still in its early stages, it is no longer just a concept. At present, DAOs that develop and operate various protocols are constantly emerging, and both contributors and participants can get corresponding rewards for their efforts.

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Coinshift （https://coinshift.xyz/）

Coinshift is a platform that provides financial management for DAOs and crypto projects. Specifically, DAOs can import their Gnosis Safe accounts to manage donations and contributor payouts in a transparent and efficient manner. Crypto companies can also efficiently manage encrypted payroll and large-scale payments with built-in data privacy by importing or creating Gnosis Safe multi-signature accounts.

For personal asset managers, using Coinshift to add a hardware wallet as an additional signer can use multiple signatures to keep their assets in a safe environment.

Currently, Coinshift manages $1.3 billion in assets and $83 million in payouts from companies including Consensys, Messari, Biconomy and Uniswap.

Coinshift recently raised $15 million in Series A funding led by Tiger Global with participation from Sequoia Capital India, Alameda Ventures, Spartan Group, Ethereal Ventures, Alpha Wave Capital, Hash key Capital, Quiet Capital, Polygon Ventures, Volt Capital, and 300 Angels and operators in multiple encryption and financial technology fields.

secondary titlehttps://docs.multisafe.finance/multisafe-feature-list

parcelHQ（https://parcel.money/）

Parcel is a platform that enables DAO operators to batch payroll jobs in one go through a user-friendly interface. Recently, Parcel launched the invitation link function, which allows contributors to use the invitation link to join the list of management payroll, avoiding the situation of personal data input errors. There is also a bulk onboarding invite feature that allows operators to assign tags and a threshold number of contributors within those invite links. Once logged in, their details will reflect based on workgroup or preferred classification, easing onboarding administration.

Over 850 safes with ecosystem leaders such as IndexCoop, BanklessDAO, and OlympusDAO are currently using Parcel to streamline their contributor payrolls and have distributed over $120 million.

secondary titlehttps://parceldocs.gitbook.io/parcel-docs/getting-started/connect-your-wallet

Syndicate （ https://syndicate.io/）

Syndicate is a decentralized investment protocol and social network that builds the infrastructure to enable more people and communities to raise, coordinate and invest capital through Web3. It levels the playing field, enables communities of builders, creatives, influencers, and friends to invest in new ideas and world-changing technologies, and introduces a new investment model that is more open, free, and fair to society.

Its first product is Web3 Investment Clubs, a social investment tool based on the Syndicate protocol. Anyone can set up and run an investment club on Ethereum in seconds. Web3 Investment Clubs can invest in and manage tokens and NFTs, as well as off-chain startups and assets, as well as attach legal entities, open bank accounts and issue K-1s. Since they are powered by ERC-20 infrastructure, they can also be combined with any DAO and web3 tools such as Gnosis, Snapshot, etc.

Recently, Syndicate announced the completion of $6 million in financing, with participation from a16z, South Park Commons, Carta Ledger, OpenSea, Circle Ventures, Polygon, United Talent Agency, CoinList, FalconX, and Outliers VC DAO. Previously, Syndicate received $20 million in Series A financing led by a16z.

Currently, over 1,100 investment clubs have been created on Syndicate and have over 50 clients.

secondary titlehttps://guide.syndicate.io/web3-investment-clubs/create-an-investment-club

Layer3 （ https://beta.layer3.xyz/）

Layer3 is a platform where DAOs and decentralized communities can upload tasks in the form of bounties, contests, and projects, where users can explore the community and complete tasks to earn rewards.

DAOs and communities partnering with Layer3 can trigger payments using the ERC-20 token of their choice, be it a governance token, stablecoin, or their native protocol token. This enables contributors to get paid for ownership and seek out the decentralized communities that matter most to them.

secondary titlehttps://docs.layer3.xyz/layer3/how-it-works/for-contributors

Coordinape（ https://coordinape.com/）

Coordinape is a yearn team build that allows decentralized teams and DAOs to have no top-down management or human resources, instead autonomously distributing and rewarding contributors' funds. Simply put, Coordinape is a platform that allows DAOs to distribute resources to contributors easily and fairly, and contributors themselves can quickly and transparently see the value they are creating.

secondary titlehttps://docs.coordinape.com/get-started/get-started

Commonwealth （https://commonwealth.im/）

Commonwealth is an integrated platform for on-chain community discussion, voting, and funding projects. Using Commonwealth, anyone can create a community and use tools such as encrypted native forums, off-chain governance, and on-chain governance. They recently launched Common Chat, which is similar to a Web3-native iteration of Discord, and all token communities can now use a wallet to log into Common Chat and start creating chats, forums, and full-stack governance.

Commonwealth backers include Dragonfly, Parafi, Framework, Hashed, IDEO, Nascent, and Balaji Srinivasan. Commonwealth Labs incubated Common Protocol and continues to be an active member of the community.

The platform already powers protocol communities of over $500 million in the Ethereum, Cosmos and Substrate ecosystems.

secondary title：https://docs.commonwealth.im/commonwealth/

Prysm （ https://www.prysm.xyz/）

Prysm is the collective ownership Web3 platform that allows the community to pool funds and co-invest in NFTs, making collecting, owning and using NFTs fun, fast and easy. On Prysm you can create small groups of 2-5 people, or larger groups of 20 or more. It is easier for small groups to react quickly in their investment decisions, while leveraging the power of pooled funds to acquire more blue-chip NFTs.

In the genesis phase of Prysm, they launched a group buying function, such as group sales, private sales, withdrawals, ownership tracking, member management functions, etc., and have formed 100 small groups, deposited more than 500 ETH and traded more than 250 ETH .

Recently, Prysm announced the launch of the second season. In Season 2, members can mint a community-branded 3D interactive Access NFT for free to engage fans, pool funds, and collect NFTs.

secondary titlehttps://nftsquads.gitbook.io/resource-center/

Orca Protocol  （https://www.orcaprotocol.org/#home）

The Orca Protocol is a scalable, modular DAO built around small working groups called Pods. Pod is the Orca protocol's solution to the expansion problem faced by DAO. It usually centers on a kind of expertise, and transforms the relationship between individual identities and small groups into different groups or committees based on expertise or projects, and then through Gnosis Safe Multi-signature wallet for management. Second, Pods can also set custom rules to determine membership, creating surface area for incentive alignment and accountability structures.

How to create pods: https://docs.orcaprotocol.org/orca/getting-started-with-pods/creating-a-pod