How to incorporate a DAO and issue tokens to be ready to raise money from VCs

Cointelegraph

Published May 21, 2022 09:08AM ET

Updated May 22, 2022 11:00AM ET

A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a blockchain like Ethereum (ETH) and are owned and operated by the people who use them.

There are many different types of DAOs, but they all have one thing in common: they are decentralized, meaning that decisions about the organization's future are decided by the collective group and not a single individual.

h3 Write a white paper/h3
h3 Create a pitch deck/h3
h3 Create a website/h3
h3 Reach out to VCs/h3 h3 Negotiate terms/h3 h3 Close the deal/h3 h3 Use the funds/h3 h3 Pay back the VCs/h3

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