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- Adventure #52 - Snapshot.org
Adventure #52 - Snapshot.org
Where decisions get made
Hey theređź‘‹
My mission is to support ambitious founders and fuel innovation!
Are you such founder and want to connect?
Here’s my calendly - book a slot and let’s chat
Today's plan:
Use this framework to look into a business:
(1) The product
(2) The founding team
(3) Funding & Hiring
Current events + business talk
(4) Meme of the week
(5) Hustler's ambition
None of this is sponsored, I choose what to write about.
This is not financial advice either
Today is dedicated to Snapshot ⚡️
The Product
(i) problem
It’s tough to keep up with DAOs’ proposals
But why would you?
well, there’s a lot of alpha there - just studying how people phrase their proposals, what the DAOs value (so you can make a proposal too) and much more
For example, I spotted this gem when I was bored 🤣
(ii) solution & demo
Snapshot is a voting platform that allows DAOs, DeFi protocols, or NFT communities to vote easily and without gas fees
Here’s how it looks - it’s pretty straight forward.
And you also get notifications (top right corner).
They (the notis) then take you to the proposals and the discussions regarding them. It’s fascinating
For example - the gitcoin dao voted against sponsoring an event.
Some discussions are interesting.
(iii) how you can benefit
participate in DAO proposals
follow DAO updates
study proposals before submitting yours
The founding team
Fabien - CEO (twitter)
âž™ previously worked at Balancer Labs and Ntropika Labs
âž™ is anon
Funding and Hiring
A) Funding - yes
Snapshot labs raised $4 million led by 1kx.
Other participants: The LAO, MetaCartel Ventures, Gnosis, StarkWare, Coinbase Ventures, BoostVC, Scalar Capital, Fire Eyes DAO, LongHash Ventures and Coopérative Kleros
B) Hiring
N/A
Favourite meme of the week
Hustler's Ambition
(A section dedicated to frameworks/ideas/tools)
Great read about media
See you next Mondayđź‘‹
- Mitko
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