You're reading State of the DAOs, the high-signal low-noise newsletter for understanding DAOs.
gm and welcome to State of the DAOs!
If you have been working in web3 the past year the first thing we want to say is thank you. This has been a tough year for everyone and it is only by the work of those people with boots on the ground that we can build our way forward.
One of those builders is BanklessDAO member HAshBrown27, who takes a look back at his first year working in DAOs and finds that it reminded him a lot of his freshman year on campus. Working in DAOs can be exciting and liberating, allowing you to explore your freedom and contribute meaningfully to projects you care about. But like your freshman year, it can also be confusing and intimidating as we learn to find our place in this new world. HAshBrown reminds us that it is our intentions that allow us to keep learning and progressing, and that it is important that we take time to reflect on why we are here and what we are trying to build.
Next, we share some great news! Last week our friends over at Impact DAO Media published their online version of the Impact DAO book. In this guide to everything ImpactDAOs, they compiled lessons and insights from 30 founders and contributors to create a book for those who want to start or build their own Impact DAO.
The past six months the State of the DAOs newsletter has collaborated with Impact DAO media to promote their work studying ImpactDAOs. We are proud of the work they have done to bring this guide to life and sharing how crypto is “doing good” in the world today.
Finally, we share the TL;DR on some of the best DAO ecosystem takes and thought pieces, making it easy for you to cut through the noise and learn everything you need to know about the current state of the DAOs.
Contributors: BanklessDAO Writers Guild (HAshBrown27, Seneca52, angelspeaks, Leah_par, Samuel BG, HiroKennelly, siddhearta)
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Author: HAshBrown27
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My first foray into Web3 began early this year when, after several months of binging on Bankless newsletters and podcasts, I summoned the courage to take my first steps into BanklessDAO (bDAO). Admittedly, I was reluctant to jump into an online community of any kind, much less one full of crypto-obsessed strangers. The more I considered it, however, the more inspired I felt to move beyond my comfort zone for a first-hand experience of a technological and cultural movement in the early stages of changing the world.
Now nearing the end of my first year exploring Web3, it occurs to me that many things about it remind me of my freshman year in college. For one, the DAO’s Discord seems like a large, virtual campus in which I occasionally feel lost looking for buildings and frequently mix up the start times of meetings and classes. For another, I find it nearly impossible to keep up with all the reading. Finally, as exciting as it all is, I still have moments of looking around and wondering if it’s the right place for me. Freshman jitters abound.