ThreeOh DAO

Over the past six months, DeFi stakeholders have witnessed the rise and fall of several DAOs . These organizations were created to provide a way for their communities to invest in large treasuries, guide the investment and advocacy strategy through community voting, and reap the benefits of staking their token for potential longterm gains. As the market turned bearish, the reward systems implemented by many of these DAO treasuries simply became unsustainable. Whether it was due to mismanagement, leadership and motives, or unsustainable practices, the visible impact of failed projects could have lasting effects unless something is done to provide the ecosystem with more secure, transparent leadership.

ThreeOh DAO is that leader. The true nature of the DAO is to provide stakeholders within the community with a voice and opportunity to help guide the project. When the size of the treasury is the only measure of value, then many become frustrated and leave due to diminishing returns. This is why ThreeOh DAO wants to bring back the most fundamental part of a DAO: providing a community voice that creates social change. Building a war chest for political advocacy and rewarding staked wallets will always be an integral part of running the DAO, but its primary purpose is to provide a democratic mechanism to guide the voice of DeFi stakeholders.

Many outside observers, from regulators to policymakers to media outlets, view the crypto landscape as a lawless land full of nefarious characters who are waiting to pull the rug out from under you. Those of us who have been in the space for years see the endless potential, not just financially or politically, but the impacts at a societal level as well. So how can we convert those on the fence into blockchain believers? That is simple, make visible the impacts and economic benefits that cryptocurrencies, blockchain innovation, and Web3 can have through community led change.