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

- Snapshot labs

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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