In July MoveDID was updated with the feature, "Create Ultra-Lightweight DAOs with MoveDID".
The MoveDID Manager can be accessed through the following link:
https://manager.movedid.build/lightweight_dao_manager
0x01 Reflections on Lightweight DAOs
As a complement to traditional corporatism, DAOs are increasingly seen as a cool form of organization because of their lightweight, flexible, and distributed nature.
Therefore, it is an interesting proposition to create DAO organizations easily.
In the traditional way of thinking, ensuring that members of a DAO organization are "chain-confirmed" would be done through the issuance of NFTs, for example.
Granted, this format is a good marketing tool, but it does not apply to all types of DAO organizations.
For example -- a group of developers need to open up a new project because of an idea, and want to record the core members and related protocols on the chain, in which case it is extraordinarily cumbersome to design the NFT, issue the NFT, and bind the interests to the NFT.
In this type of scenario, the needs of the DAO creator and DAO Members are -- the The mental burden of this thing is as light as possible 🪶.
0x02 Creating an Ultra-Lightweight DAO Based on MoveDID
MoveDID currently supports DIDs for four subject types - Human, Organization, Machine and Warehouse:
// Define addr aggregator type.
const ADDR_AGGREGATOR_TYPE_HUMAN: u64 = 0;
const ADDR_AGGREGATOR_TYPE_REPO: u64 = 3;
DAO is the DID of the organization type.
2.1 Initializing DAO
exist Manager
After connecting to the wallet internally, make sure the DID Owner is a DAO type, type Description, and click INIT YOUR DID
button to initialize the DID.
Then a lightweight DAO is created.
2.2 Adding members
After this, we can add members to the DAO by typing the member address and member description.
MoveDID is aextensibility protocolAs a result, MoveDID supports a wide range of address formats, including many types of addresses such as Aptos and Ethereum, but is currently in theManager
Only Aptos-formatted addresses are open.
0x03 Future functionality
Currently, in the Manager
At the end of the day, MoveDID's DAO-related features only unlock 🔓 the basics. moveDID also supports more interesting ways to play with it, which will be progressively opened up in the future - the
- Creating a DAO that "requires DAO Member Signature ValidationCurrently, DAO Owner adding DAO Members does not need to be authenticated by DAO Member's signature, which is one of the rule forms. However, in some scenarios, we need to enhance the trustworthiness of the DAO, so we need the DAO Member to sign and authenticate the adding behavior.
- Adding a Streaming Payment Service to DAOBy adding a streaming payment service to the DID, we can implement "intelligent distribution of funds by protocol" to DAO members, thus creating an economic model of the DAO in a very lightweight way. https://moveflow.xyz
- Other servicesMoveDID is essentially a strongly extensible protocol of multi-link address aggregators and Web2/Web3 service aggregators. As a result, we can add a lot of cool services to DAO. For example, DAO Members Profiles, DAO Task Challenges, and so on. In this way, we can make DAO Generate real behavior on the chainShaping DAO's Chain reputationThis in turn allows DAO to be on-chain assetThe
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