.jpg)
Define the Dataset
Nailing your dataset will be key to the Data DAO's success.
It is important to think about:
The Demand Side: how the data will be used and commercialised.
The Supply Side: how it will be sourced and verified.
Almost any data can be aggregated in a DataDAO so let your imagination run wild. Be inspired datasets from our Alpha Cohort. Need an idea? Check out our
Here is a short Dataset Plan that helps you organize your thoughts.
You can submit your Dataset Plan for feedback:
Formulate Proof of Contribution
Ensuring high-quality data and appropriately rewarding users for their contributions is essential for your Data DAO's success.
Follow these instructions to add Satori Testnet your wallet:
Proof of Contribution involves four key elements: Authenticity, Ownership, Quality, and Uniqueness. For a detailed explanation and example implementations, visit our Proof of Contribution documentation.
It's important to plan these elements carefully, then work out a decentralized implementation. Here is a short Proof of Contribution Plan that helps you plan out your approach.
You can submit your Proof of Contribution Plan for feedback:
Formulate Tokenomics #1
Crafting effective tokenomics is crucial to the success of your Data DAO. Well-designed tokenomics can drive engagement, ensure sustainability, and create value for your ecosystem. Consider the following points as you develop your tokenomics strategy.
Key Considerations:
Token Utility: How will it drive value within your Data DAO?
Supply and Distribution: Determine the total supply and how tokens will be distributed over time.
Incentives and Rewards: Outline how you will incentivize participation and reward data contributions.
Governance: Establish how token holders can participate in the governance of your Data DAO.
Here is a short Tokenomics Plan that helps you plan out your approach.
Formulate Tokenomics
Formulate Your Go-To-Market (GTM) Strategy for a Data DAOA well-crafted GTM strategy is key to your Data DAO's success. Build a strong community, generate pre-launch buzz, and establish key partnerships by focusing on these essential points:
Key Considerations:
Interaction Points: Define where people will interact with your DAO (e.g., website, DApp) and what the main product is.
Community Building: Engage your audience on Discord and Twitter.
Pre-Launch Strategies: Use airdrops and pre-mining events to generate interest.
Key Partnerships: Establish strategic partnerships to support and amplify your DAO.
Milestones and Timeline: Outline key milestones and create a timeline for your GTM activities.
Marketing and Outreach: Develop a plan that includes content creation, influencer partnerships, and PR.
User Education: Create resources to help users understand and participate in your DAO.
Here is a short GTM Plan that helps you plan out your approach.
Transaction hash
Paste the transaction hash below to verify