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📙 About the DAO
"Venture DAO is more like an open source software project + angel fund than the traditional VC firm.
Our checksizes will initially look to be in the range of $20k to $100k USD range, and will increase over time as the DAO’s AUM grows. While we aren’t able to provide a lot of capital, we look to make that up through our support eg. insight on community building and access to other investors through our network." (source)
🏆 Notable Differentiators:
- The first For-Profit DAO
- Non-accredited investors can participate in venture investments
📝 Further Reading:
- Venture DAO wiki
- Venture DAO Whitepaper
- Venture DAO Legal Operating agreement (The Grimoire)
- Venture DAO Smart contracts (Moloch v2 code)
⏭️ Related DAOs: