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 Duration 7 hours

Course Outline

Introduction to Blockchain and Smart Contracts

  • A brief refresher on blockchain fundamentals
  • Ethereum, Layer-2 solutions, and smart contracts
  • The role of smart contracts as the foundation of DAOs

Understanding Decentralised Autonomous Organizations (DAOs)

  • How DAOs differ from traditional organisations
  • Types of DAOs: protocol, investment, service, and social/community DAOs
  • Examples: MakerDAO, Aragon, ConstitutionDAO, PleasrDAO

Legal and Regulatory Considerations

  • The current status of DAO legal recognition (e.g., Wyoming, Marshall Islands)
  • Compliance challenges: securities law, taxation, and liability
  • Case studies of legal outcomes involving DAOs

DAO Governance Structures

  • Tokens and voting mechanisms
  • Quadratic voting, delegation, and weighted systems
  • Coordination challenges: voter apathy, whale influence, and governance attacks

Safety, Security, and Risk Management

  • DAO hacks and exploits (e.g., The DAO hack, DeFi DAO exploits)
  • Smart contract auditing and security best practices
  • Safeguarding treasury funds

Advantages and Challenges of DAOs

  • Transparency, inclusivity, and global collaboration
  • Scalability and decision-making bottlenecks
  • Balancing decentralisation with efficiency

Evaluating DAO Tools and Ecosystem

  • DAO frameworks: Aragon, DAOstack, Snapshot, Gnosis Safe
  • Community management platforms: Discord, Discourse, Coordinape
  • On-chain versus off-chain governance models

Practical Application: Does Your Business Need a DAO?

  • Identifying business scenarios where DAOs add value
  • Mapping DAO use cases in investment and entrepreneurship
  • Workshop: developing a problem statement and DAO roadmap

Requirements

  • A foundational understanding of blockchain technology
  • Acquaintance with corporate structures and governance frameworks

Audience

  • Investors
  • Entrepreneurs
  • Business leaders exploring blockchain-based models

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