Defining our Mission, Values, & Goals

Edits/additions to Goals:

  1. Onboard, Educate & Support Web3 Developers
  2. Foster Open-Source Web3 Tools & Public Goods

The reason for changing the word “Build” to “Foster” would be that it opens up other possibilities beyond directly building tools. One of the possible outcomes is that DevDAO creates its own on-chain venture fund similar to Moloch DAO, for example, and helps to staff up-and-coming protocols/ companies as part of its value proposition, in addition to capital contributions.

This is similar to what VC funds are doing these days, in that they contribute capital to projects but also have in-house developers and researchers that can add value as well. DevDAO would turn that model on its head – the devs themselves (not the fund managers) would decide on projects to support and pool talent + capital.

Can imagine something like this would be spectacularly successful – if governed well.

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