The LAO has received contributions of more than $5 million in ETH. This capital is already being deployed to support a number of projects (14 already), with the investments denominated in ether and settled with Moloch DAO v2 Ethereum contracts. Despite an atmosphere of global uncertainty, Ethereum entrepreneurship has not missed a beat, and The LAO continues to support builders, who keep shipping innovative blockchain-based products around the world.

Importantly, LAO-members are not just providing its capital to traditional projects; it’s also backing other DAOs. As highlighted previously, the OpenLaw team has been developing Ethereum contracts, strategies, and secure interfaces for LAO members to execute liquidity actions in addition to equity investments more trustlessly with code.

Last week The LAO launched an adapted Minion contract (0x549B33CB1A3d851F2039D19264f76DF3612cfbD7) to enable LAO members to deploy capital directly from a DAO-based vote into another DAO.

The membership vote, if passed, will enable members of The LAO to join PieDAO, a fee-collecting organization coordinating weights of “tokenized asset allocations” (PIEs) that is open to anyone on the Ethereum network through the purchase of its voting shares, $DOUGH.

The LAO’s PieDAO Proposal will enable existing $DOUGH holders to assess whether they should include The LAO as a member and more broadly, present an inter-framework, inter-DAO deal handled entirely by code and member consensus.

👾 + 🥧 = 💒

Decentralized finance (DeFi) applications and communities are being launched and vetted at breakneck speed. Opportunities in the DeFi and blockchain ecosystems likely will not just be limited to traditional forms of investments, but also will increasingly require the agility and flexibility to join DAOs and other emerging blockchain-based organizations.

The LAO, with its digital-native-first approach, is well equipped to keep up with these developments and will continue to push in this direction, as the DAO-to-DAO ecosystem continues to mature and develop. Unlike legacy venture capital and crypto funds, we’re building at the pace of DeFi and DAO ecosystems.

If you would like more information about becoming a LAO member or project, please reach out to us at hello@thelao.io. For further information, check out our docs, which cover questions about The LAO’s structure and operation, or hit us up via email or telegram.

The LAO has received contributions of more than $5 million in ETH. This capital is already being deployed to support a number of projects (14 already), with the investments denominated in ether and settled with Moloch DAO v2 Ethereum contracts. Despite an atmosphere of global uncertainty, Ethereum entrepreneurship has not missed a beat, and The LAO continues to support builders, who keep shipping innovative blockchain-based products around the world.

Importantly, LAO-members are not just providing its capital to traditional projects; it’s also backing other DAOs. As highlighted previously, the OpenLaw team has been developing Ethereum contracts, strategies, and secure interfaces for LAO members to execute liquidity actions in addition to equity investments more trustlessly with code.

Last week The LAO launched an adapted Minion contract (0x549B33CB1A3d851F2039D19264f76DF3612cfbD7) to enable LAO members to deploy capital directly from a DAO-based vote into another DAO.

The membership vote, if passed, will enable members of The LAO to join PieDAO, a fee-collecting organization coordinating weights of “tokenized asset allocations” (PIEs) that is open to anyone on the Ethereum network through the purchase of its voting shares, $DOUGH.

The LAO’s PieDAO Proposal will enable existing $DOUGH holders to assess whether they should include The LAO as a member and more broadly, present an inter-framework, inter-DAO deal handled entirely by code and member consensus.

👾 + 🥧 = 💒

Decentralized finance (DeFi) applications and communities are being launched and vetted at breakneck speed. Opportunities in the DeFi and blockchain ecosystems likely will not just be limited to traditional forms of investments, but also will increasingly require the agility and flexibility to join DAOs and other emerging blockchain-based organizations.

The LAO, with its digital-native-first approach, is well equipped to keep up with these developments and will continue to push in this direction, as the DAO-to-DAO ecosystem continues to mature and develop. Unlike legacy venture capital and crypto funds, we’re building at the pace of DeFi and DAO ecosystems.

If you would like more information about becoming a LAO member or project, please reach out to us at hello@thelao.io. For further information, check out our docs, which cover questions about The LAO’s structure and operation, or hit us up via email or telegram.