Paradigm Shift

EP13: Building Communities and All Things DAO, with Don Ho, co-founder of OrangeDAO which is a collective of 1k+ YC founders helping build and accelerate web3

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In this conversation we chat about Don’s experiences in the crypto world as Managing Partner of QuantStamp, and through multiple cycles over the last decade. We spend most of our time talking about his recent experience co-founding OrangeDAO which is a collective of 1k+ YC founders helping build an accelerate web3.

Don walks us through how he thinks about building communities, why DAO’s are exciting, and shares a breakdown of how the OrangeDAO was setup— across the early community, token design, building products, raising a venture fund, and how everything fits together.

This is an inside look into how cutting edge DAO communities work today and why they’re such an exciting glimpse into the future. We hope you enjoy this conversation!

Episode Highlights

  1. Growing up in Silicon Valley around people doing seemingly wacky, wild, strange things
  2. Investing in Vietnam and facing remittance issues that led him to Bitcoin
  3. Crypto as Financial Rails 3.0 and a wrapper to solve coordination problems
  4. QuantStamp as a Verisign of crypto with over $40b of value secured
  5. Most surprising things since being early to crypto— rate of consumer adoption
  6. Decentralize everything vs just things where crypto drives user value
  7. How B2B opportunities in crypto have evolved since 2017
  8. How to build a great community, and how to build a DAO
  9. Why people organize- to express themselves and feel a sense of belonging
  10. Keys to enduring communities- clear purpose on what they’re trying to achieve, and why people should be joining
  11. What is a DAO- communities that have a software layer and ownership component, with embedded incentive based coordination layer
  12. DAOs as a more scalable version of Co-Ops, on a blockchain
  13. How to start a DAO, and how and why OrangeDAO was founded
  14. OrangeDAO: largest collective of builders wanting to build or invest in Web3.. going from a WhatsApp group to a DAO to keep up with interest; today a collective of 1k+ YC founders
  15. Raising an Orange Fund with $10m+ to invest in early Web3 companies
  16. How to setup a fund, and setup a DAO as the coordination layer
  17. How ownership and governance works in a DAO
  18. Designing token economics for OrangeDAO and how everything fits together
  19. How DAOs incorporate, get bank accounts and hold assets
  20. Products developed by OrangeDAO: YC gem for web2 to web3 oAuth and token gated communities, and LFG reputation game to bet on founders and companies on chain
  21. Don’s super powers and vision for OrangeDAO


Links

  • OrangeDAO: collective of 1k+ YC founders helping build and accelerate web3
  • QuantStamp: leaders in blockchains security and solutions
  • Great tools for DAOs: Syndicate, Multis, Bank Mercury
  • Follow Don on Twitter


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Paradigm ShiftBy Ashish Kundra and Zane Salim
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