Strategic metrics
Strategic metricsStrategic metrics focus on the DAO's mission and purpose. The key question every DAO must address is "why join?" The answer doesn't necessarily need to be complex or profit-driven. Many successful crypto communities have rallied around simple concepts like memes. For instance, Bitcoin and Dogecoin have gained significant traction through memes alone. Similarly, DAOs operating as democratic entities can capture attention through unique or engaging ideas, with values ...
Strategic metrics
Strategic metricsStrategic metrics focus on the DAO's mission and purpose. The key question every DAO must address is "why join?" The answer doesn't necessarily need to be complex or profit-driven. Many successful crypto communities have rallied around simple concepts like memes. For instance, Bitcoin and Dogecoin have gained significant traction through memes alone. Similarly, DAOs operating as democratic entities can capture attention through unique or engaging ideas, with values ...
Financial Metrics
Financial MetricsFinancial metrics are crucial for understanding a DAO's current and future financial health.Treasury size: What are the total assets under management (AUM) of the DAO? It's important to know not just the total value, but also how much the treasury would be worth if all assets were liquidated immediately.Revenue streams: How much the DAO has earned over a specific period, such as a week, month, or year? This provides insight into the DAO's ability to generate in...
Financial Metrics
Financial MetricsFinancial metrics are crucial for understanding a DAO's current and future financial health.Treasury size: What are the total assets under management (AUM) of the DAO? It's important to know not just the total value, but also how much the treasury would be worth if all assets were liquidated immediately.Revenue streams: How much the DAO has earned over a specific period, such as a week, month, or year? This provides insight into the DAO's ability to generate in...
Community metrics
Community metricsCommunity metrics provide insights into the size, engagement, and composition of a DAO's community, which are crucial for understanding its reach and influence. This can be a complex category to measure. For one, each DAO defines “community” for itself differently. “Community” in the Nouns DAO ecosystem extends beyond just tokenholders, and includes creators, artists, proposers, and might even include the members of DAOs that have forked the Nouns model like Purple DAO a...
Community metrics
Community metricsCommunity metrics provide insights into the size, engagement, and composition of a DAO's community, which are crucial for understanding its reach and influence. This can be a complex category to measure. For one, each DAO defines “community” for itself differently. “Community” in the Nouns DAO ecosystem extends beyond just tokenholders, and includes creators, artists, proposers, and might even include the members of DAOs that have forked the Nouns model like Purple DAO a...
Community makeup: Who is in the community?
Community makeup: Who is in the community?Contributor evaluation: How are contributors selected and compensated for their work? Assessing contributors based on time committed, level of talent, and prosocial participation in the DAO can help you estimate what the community's capability and potential for collaboration might be.Influential members: Identifying well-known or influential members can highlight the DAO's reputation and appeal.Builders: If your community members can build f...
Community makeup: Who is in the community?
Community makeup: Who is in the community?Contributor evaluation: How are contributors selected and compensated for their work? Assessing contributors based on time committed, level of talent, and prosocial participation in the DAO can help you estimate what the community's capability and potential for collaboration might be.Influential members: Identifying well-known or influential members can highlight the DAO's reputation and appeal.Builders: If your community members can build f...
Some other notable frameworks for analyzing DAOs
Some other notable frameworks for analyzing DAOsThe fun of analyzing and classifying DAOs doesn’t end here—there are many other frameworks for assessing DAOs and you should take the liberty to create other metrics and categories as you see fit for the questions you want answered. For example, Marlene Marz has created a fantastic graphic outlining the various DAOs by their aggregator, type, and number of DAOs found per category. source: Marlene Marz, How to classify DAOs according to their mis...
Some other notable frameworks for analyzing DAOs
Some other notable frameworks for analyzing DAOsThe fun of analyzing and classifying DAOs doesn’t end here—there are many other frameworks for assessing DAOs and you should take the liberty to create other metrics and categories as you see fit for the questions you want answered. For example, Marlene Marz has created a fantastic graphic outlining the various DAOs by their aggregator, type, and number of DAOs found per category. source: Marlene Marz, How to classify DAOs according to their mis...