EP13: Building Communities and All Things DAO, with Don Ho, co-founder of OrangeDAO which is a collective of 1k+ YC founders helping build and accelerate web3

In this conversation we chat about Don’s experiences in the crypto world as Managing Partner of QuantStamp, and through multiple cycles over the last decade. We spend most of our time talking about his recent experience co-founding OrangeDAO which is a collective of 1k+ YC founders helping build an accelerate web3.

Don walks us through how he thinks about building communities, why DAO’s are exciting, and shares a breakdown of how the OrangeDAO was setup— across the early community, token design, building products, raising a venture fund, and how everything fits together.

This is an inside look into how cutting edge DAO communities work today and why they’re such an exciting glimpse into the future. We hope you enjoy this conversation!

Episode Highlights

Growing up in Silicon Valley around people doing seemingly wacky, wild, strange thingsInvesting in Vietnam and facing remittance issues that led him to BitcoinCrypto as Financial Rails 3.0 and a wrapper to solve coordination problemsQuantStamp as a Verisign of crypto with over $40b of value securedMost surprising things since being early to crypto— rate of consumer adoptionDecentralize everything vs just things where crypto drives user valueHow B2B opportunities in crypto have evolved since 2017How to build a great community, and how to build a DAOWhy people organize- to express themselves and feel a sense of belongingKeys to enduring communities- clear purpose on what they’re trying to achieve, and why people should be joiningWhat is a DAO- communities that have a software layer and ownership component, with embedded incentive based coordination layerDAOs as a more scalable version of Co-Ops, on a blockchainHow to start a DAO, and how and why OrangeDAO was foundedOrangeDAO: largest collective of builders wanting to build or invest in Web3.. going from a WhatsApp group to a DAO to keep up with interest; today a collective of 1k+ YC foundersRaising an Orange Fund with $10m+ to invest in early Web3 companiesHow to setup a fund, and setup a DAO as the coordination layerHow ownership and governance works in a DAODesigning token economics for OrangeDAO and how everything fits togetherHow DAOs incorporate, get bank accounts and hold assetsProducts developed by OrangeDAO: YC gem for web2 to web3 oAuth and token gated communities, and LFG reputation game to bet on founders and companies on chainDon’s super powers and vision for OrangeDAO

Links

OrangeDAO: collective of 1k+ YC founders helping build and accelerate web3QuantStamp: leaders in blockchains security and solutionsGreat tools for DAOs: Syndicate, Multis, Bank MercuryFollow Don on Twitter

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