# Using a Social Token to fund Projects 

**Published by:** [Luke Windigha Bonaize](https://paragraph.com/@luke-windigha-bonaize/)
**Published on:** 2021-11-27
**URL:** https://paragraph.com/@luke-windigha-bonaize/using-a-social-token-to-fund-projects

## Content

Lately I have been exploring projects on web3 and DAO’s seem to have a very strong use case. Can you imagine if very Uber drivers owned a fraction on the company? My idea is pretty straight forward, Building a DAO Creating a Token Attract investors - exchange token for ETH & Other Stable coins Bond funds invested- Liquidity farm Use profits to fund project FYI this is only v1 and may change based on input and suggestions.

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