Why we are using Syndicate for our DAO

The reason we chose Syndicate to create our DAO...

Decentralized Autonomous Organizations (DAOs) enable collective decision-making, investing, and ownership at scale natively on the internet. Web3 Investing Clubs on Syndicate apply these ideas specifically to investing: collectively allocating capital to communities, projects, and startups in Web3—for example:

• Friends investing together in NFTs, tokens, and startups

• Investing collectives (e.g., employees, alumni, affinity groups)

• Web3 communities investing in their and other ecosystems

• Grant-making and public goods funding organizations

• ...and much more!

The beauty of Web3 Investment Clubs on Syndicate is in their composability and flexibility. Each investment club on Syndicate is powered by ERC20 tokens on the backend, which enable full composability with Web3 governance tools, DAO tools, community management tools, and much more.

Additionally, the investment clubs on Syndicate can make investments into ERC20 tokens, NFTs, and startup equity off-chain (with an off-chain legal entity)—and all on-chain investments are automatically presented in real-time in the investment club's dashboard on Syndicate.