We’ve upgraded the Orange DAO Fellowship deal to DOUBLE our investment from 25k to 50k. Fellowship is for you if you want to bring your web3 dreams to life. Orange DAO Fellowship offers the best programming, network, mentors & capital in web3: A Thread 🧵
1. Structure You’ll push yourself beyond limits in our 10-week build sprint. DAO members and ecosystem partners will give you tactical support, accountability, and mentorship. Engage with and learn from founders of YC backed companies to avoid common pitfalls
The DAO concept is fascinating to me. Can you point me to something talks more about how the Orange DAO is managed? Approval process for using cash? What matters are subject to DAO approval and where can people act autonomously, etc? Method and transparency around this approval process. Thx.
How is it both a $50K Uncapped Safe and 1% Equity? Is it Orange or the VC fund invests $50K via safe into the future shares of NewCo and NewCo allocates/gives 1% of its equity to the DAO for future use by the DAO? I may be here all day…thx