Verse Network by STP has launched DAO Booster, an initiative aimed at supporting and empowering DAOs on Clique. As community-driven entities that operate using blockchain technology, DAOs allow members to govern themselves and make decentralized decisions. However, starting and running a successful DAO can be challenging, especially for smaller organizations with limited resources. The DAO Booster Program seeks to bridge this gap by providing funding and resources to eligible DAOs to help them jumpstart their DAO and achieve their goals. DAOs can access grants, operational guidance, and other resources that will enable them to grow and expand their presence. For more details about the program, please check below:

• Objectives:

  • Onboard more DAOs onto Clique

  • Jump start the DAOs by providing funding and operational guidance

• Amount: Up to $5000 for a grant

• Duration: The program will be reviewed on a rolling basis

• **DAO Topic Types:
  **The program is open to all types of DAOs. However, preference will be given to DAOs that focus on the following topics:

  • Decentralized finance (DeFi)

  • Cutting-edge technology, eg, AI, ZK, etc.

  • Gaming and NFTs

  • Social impact and sustainability

  • Arts and culture

     The above topics are not exhaustive, and other topics may also be considered      based on their potential impact and feasibility.

• Grant Criteria: 

  • Innovation and Creativity

  • Feasibility

  • Community Involvement

  • Sustainability

• Application process: 

  • Submit the DAO’s information via link

  • The submission will be reviewed by the STP DAO team

  • If approved, you will receive an email from contact@stp.network regarding next steps

• Grant Distribution:

Once approved for a grant, the funds will be distributed in phases to ensure continued participation and engagement on Clique. Each phase will unlock a certain percentage amount of the total grant. 

Phase 1: Create a DAO (10%)

Phase 2: Create at least 4 proposals/month for the first 3 months (50%)

Phase 3: Have at least 15 voters on all of the proposals (20%)

Phase 4: Promote your DAO on Clique via Twitter (20%)

• Develop an eye-catching screenshot of your DAO on Clique that highlights the key features and benefits of your DAO.

• Craft a short, compelling message that explains why your DAO is unique and how it benefits its members.

• Share the screenshot and message on your Twitter account, along with relevant hashtags, such as #DAO, #Clique, #Blockchain

• Make sure to mention @STP_Network.

About Verse Network by STP:

Verse Network is a full suite of native tools and infrastructures facilitating efficient decentralized decision-making for users, communities and organizations to streamline the creation and management of DAOs. Through Verse Network, users can access a suite of no-code DAO tools to launch and manage their DAOs on a range of blockchains.

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