How to Start a DAO
1. Choosing your Chain
The first step to starting a DAO is to choose which blockchain you would like to launch it on. You will need to take into account things like the network's stability, security, and transaction fees.
2. Pick a Governance Model
There are many different governance models that you can choose for your DAO. You will need to decide how decisions will be made, how funds will be managed, and what roles different members will play.
3. Create a Smart Contract
Once you have chosen your governance model, you will need to create a smart contract that will launch your DAO. This contract will include things like the rules of the DAO and how it can be modified in the future.
4. Launch Your DAO
After your smart contract is created, you can launch your DAO by sending it to the network. Once it is live, anyone can join and start participating in its governance.
Launching a DAO on Rally
Rally's semi-automated service will collect your requirements, answer your questions and help you launch your DAO within 1 week.