In this post, I am going to propose 5 different ways we can get in some cashflow during the initial seasons.
Treasury is one of the most important aspect of a DAO, and when we get some initial liquidity we need cashflow to stabilize it. This will also ensure that contributors are rewarded for their time and expertise which in turn ensures a smooth working onflow of the DAO.
The token launch will open one of the biggest gateway to the DAO treasury management. We need to build a staking and bonding mechanism which will generate a good enough APR to incentivize people to hold the tokens. In the long run, this will be the primary source of wealth creation for the treasury and the members.
The biggest advantage of Developer DAO is that it’s full of developers and people with different expertise. This opens opportunity to create teams and provide services to external organizations.
We can also build products/tooling for the Web3 infrastructure which will pull in several grants funding from other Blockchain protocols/ DAOs.
To bring the community together, there are no better way than organizing events. It can be anything from Hackathons to Developer Conferences and Workshops. This will not only bring external sponsor fundings but also solidify our image as an organization to the external world.
Having a quality newsletter with a decent number of paid subscribers for the Web3 industry can provide a constant steady flow of income to the treasury. A newsletter is already being planned by some of our members. Apart from the subscribers, in future we can also partner with blockchain companies who want to publicise their important announcements.
From my personal experience I have seen that the web3 industry is heavily struggling to find the right talent in their organizations. We can set up a job posting platform and partner up with different organizations and match them with the ideal candidates. A lot of people will benefit from the job and the DAO in turn can charge the companies to provide this service/ post their job ad.
There is no doubt that the Job board won;'t bring in that much revenue as compared to the others, it will be a great public service too.
Looking forward to hear everyone’s opinions and discuss many more sources of income for the DAO!