Value proposition for GDAO:
LOTS of benefits to running a project/token as a DAO: more equitable for token holders, mitigates risk/liability that dev can mess up, rugpull, or get wrench attacked, better alignment of incentives for holders... that kind of stuff.
But the problem with DAO/decentralized governance is that its a death trap for new projects. "Fair launch" is another key component you want alongside a DAO, but if swing traders and farmers hold your entire token supply nobody who has meaningful voting power will care to use it. This has been seen over and over again in projects of all sizes (even projects like Maker, Yearn, and Uni struggled/have struggled with working governance).
Governor DAO is looking to build out "metagovernance" where GDAO oken holders vote on other protocols with their GDAO tokens. This enables a voting bootstrap so projects CAN fair launch as DAO and have an understanding that they will be able to achieve working governance at launch. All they have to do is allocate tokens to the DAO treasury. It also offers pre-launch consulting and porting of good DAO tech to make partner launches as seamless as possible.
The other part of the equation is making the community passionate and engaged. WThey achieve this through designing Governor, from inception, to incentivize meaningful participation at all levels. They provide GDAO rewards for everything from microwork to core development, and GDAO token holders have full control over their treasury. Some microwork is designed to generate revenue for the DAO.
They recently received a 10000 Ocean Grant. They will be crowdsourcing market data through surveys to community members and packaging for sale as datasets on Ocean Marketplace.
So basically 1) utilize the benefits of DAO from inception to best leverage participation and make the project as equitable for holders as possible and 2) port GDAO active community and best practices for other projects to achieve these same qualities from launch.
Note that this project was completely fair launched and started from 0. THEY are community members who rebuilt from the CBDAO exit scam. 50k in cash accumulated in the treasury so far from our 2% taxed mines and grants. No token sale at all.
Right now you can stake GDAO for LOYAL rewards.
Details
https://dunk.medium.com/bi-weekly-update-5-gdao-staking-live-e78814ece783https://mine.governordao.org provide liquidity.
