Phase 6 -Investment DAOs

The rise of decentralisation has given the scope and the ability to build the foundation block of DeFi a new paradigm of interacting with money and utilising it to invest and yield without the bureaucracies and the obstacles present in TradFi. With such a shift innovation quickly followed and new forms of funds and groups came together to propose the idea of “Investment DAOs”.

A DAO, or Decentralised Autonomous Organization, is a type of organisation that is run using blockchain technology. A DAO operates without a traditional hierarchical structure or central leadership and instead relies on a network of users who interact with each other and with the DAO using a set of rules and protocols that are encoded on the blockchain.

An investment DAO is a specific type of DAO that is focused on investing. This could involve investing in traditional assets such as stocks, bonds, and real estate, or in more novel assets such as cryptocurrency or other blockchain-based assets. Investment DAOs are typically run by a group of users who collaborate to make investment decisions and manage the assets of the DAO. These users may be rewarded for their contributions to the DAO, typically in the form of a share of the profits generated by the DAO's investments.

Today there are 100s of DAOs present. Some with a minimal entry ticket size of $100k in native assets while others go as low as $1000. While some have fees and annual renewals others are “free” once you enter as a membership. Of course, each investment DAO specialises in assets, some may focus heavily on NFT collections while others in real-world assets. Given such a wide range of DAOs and their novelty, it is a hard space to navigate and find relevant DAOs. As such Ponder will aim to simplify the research, comparison and entry to these DAOs with phase six. Ponder will integrate directly into these DAOs at the SmartContract level to allow for easy investing and tracking of funds while minimising all friction.