DAOs are undeniably catching hold in the crypto world, enabling people to come together and buy expensive NFTs, unique music albums — and potentially even a rare version of the U.S. Constitution.
But they remain difficult to set up and fragmented across multiple decentralized services. Voting is done via snapshot, governance via Aragon, communication via Discord channels and smart contract interactions by hand. It’s disorganized.
That’s why Upstream, a company focused on networking and live events, is launching an all-in-one DAO offering: Upstream Collective. It lets anyone launch a DAO by issuing tokens. These tokens can then be used to create proposals and vote on them. If a proposal passes, the proposed actions will be automatically carried out on-chain. Participants won’t even need to know how to code.
While the DAO will provide these services, it won’t custody tokens. So participants in the DAO will need to use their own Ethereum wallets to store the tokens and sign tra
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