Developer DAO: All You Need to Know

Developer DAO is a global community of developers, researchers, and entrepreneurs working together to accelerate the development of Web3. DAO is the acronym for Decentralized Autonomous Organization, a type of bottom-up entity structure with no central authority. 

The Developer DAO’s mission is to support developers in becoming more productive, successful, and connected by creating public goods (such as educational materials, toolsets, and protocols), providing career pathways for developers, and connecting the broader developer community.

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Functions of Developer DAO

Developer DAO aims to provide resources that empower developers to create meaningful projects that contribute to Web3’s growth. To accomplish this, they focus on three core initiatives:

1. Building public goods: creating public goods that are open and accessible to everyone in the tech community. This includes educational materials such as tutorials, toolsets for developers to use in their projects, and protocols for blockchain development.

2. Connecting Developers: Developer DAO connects developers from around the world so they can collaborate, learn from each other, and build meaningful relationships. We provide virtual meetups and events where participants can share ideas and discuss solutions that benefit Web3 development.

3. Career Pathways: they support our members in building successful careers by providing resources such as job boards, mentorship programs, workshops, and more. Their goal is to create an environment where developers can pursue their passions and reach their full potential.

How to get involved with the Developer DAO community

If you’d like to get involved with Developer DAO, there are a few ways you can contribute:

1. Join their website: Visit developerdao.com to learn more about the project, join their community forums, and sign up for upcoming events.

2. Become part of their Discord team: If you have experience in development or blockchain technology, they invite you to join their team of contributors. They welcome all levels of expertise – from experienced professionals to newbies just starting out!

3. Support public goods: Create more public goods to support Web3 development. If you’re interested in contributing, visit their website to find out how you can help.

Getting Started

Access to the Developer DAO is possible through two different mechanisms. The first is the acquisition of 400 $CODE tokens, while the second option entails obtaining one of their genesis NFTs from either the open market or another DAO member with an official OpenSea page located at https://opensea.io/collection/devs-for-revolution. Only one of these two methods is necessary to join the community on Discord.

Additionally, Developer DAO provides scholarships for users who are unable to financially contribute in order to gain access.

Ownership of their genesis NFT gives you permanent access to the Developer DAO.

CODE tokenomics

Code Tokenomics was designed to distribute 10 million CODE tokens fairly between stakeholders. Fifty percent (5 million) of the tokens are allocated to the Developer DAO Treasury, while 25% (2.5 million) go to regular members. An additional 10% (1 million) is meant for the founding team, an advisor pool, and a scholarship pool, while early contributors will get 10% (1 million) as well. Avid partners such as Gitcoin also receive a grant of 5% (500,000).

By creating this fair distribution of CODE tokens, Code Tokenomics works to ensure that everyone is rewarded fairly for their contributions.

Community Discord channel

Discord has become increasingly popular for decentralized autonomous organizations (DAOs) to use for collaboration, especially since its wide variety of bots with crypto features. DAOs in their early stages rely heavily on Discord to coordinate and communicate effectively among members. However, this can lead to problems when new members join and are overwhelmed by the large number of channels that might be present.

Developer DAO has more than a hundred distinct Discord channels. Being able to make sense of them all is far from easy without guidance or awareness of where the best possible resources can be located. With proper guidance, newcomers can be easily assimilated and everyone can remain organized throughout the organization’s growth.

Guilds

Developer DAO Discord is a great way to network and learn from other developers, entrepreneurs, and people interested in the Blockchain world.

Joining one of the six available guilds is an excellent way to get involved: the Community Guild helps newcomers explore their options; the Development Guild takes everyone through the steps of learning to write smart contracts; Governance Guild provides forums focusing on blockchain governance; participating in the Marketing + Biz Development Guild allows members to stay up-to-date with emerging business trends; and Writers guild is full of resources for aspiring authors.

How to stay safe in the Discord community

Discord is a great way to stay connected with friends and family, but it also carries some security risks. With Discord’s increasing popularity among blockchain projects, malicious actors have taken advantage of the platform in order to steal funds from unsuspecting victims.

To protect yourself from scammers or fraudulent activity on discord, always do your research before joining or responding to any message you receive. Never share personal information, passwords, or bank account details with anyone on discord.

Using Developer DAO’s community channels as an example can help ensure that you remain safe while networking and exploring new opportunities. By following these simple steps, you can make sure that your experience on Discord is both secure and rewarding!

Examples of Developer DAO projects

Through the D_D School of Code, members can take courses focused on building dApps that support Web3.

Web3con has gathered influential minds from the industry to share insights around topics at the forefront of the Web3 movement.

Advancement in research is supported by public goods projects like the D_D NFT Derivative Project for Ukraine and Hardhat plugin creation.

Connections are furthered through VibesIRL events which take place worldwide and allow members to come together physically to foster relationships.

Onboarding processes are organized to give an overview of the DAO, while newsletters, blogs, and other marketing efforts support Developer DAO’s larger mission.

Occasionally travel sponsorships are given out so members can attend conferences and hackathons for networking opportunities as well as learning from leading industry experts.

Benefits of joining Developer DAO

Joining Developer DAO provides members with access to their community of developers, entrepreneurs, and researchers.

  1. Members get the chance to provide feedback on products, take part in various projects and gain valuable resources such as educational materials, mentorships, and job opportunities.
  2. Members are able to make a real impact by contributing to public goods projects that further the development of Web3 and support blockchain adoption around the world.
  3. The CODE Tokenomics system rewards members for their contributions while providing them exclusive access to events hosted by VibesIRL.
  4. Developer DAO is one of the few organizations out there specifically created with the purpose of helping developers transition into successful careers in blockchain technology.

Risks associated with joining a DAO

It is important to remember that joining a DAO involves risks. Different DAOs come with different terms and conditions, so it is essential for members to read the fine print before making any commitments.

There may be potential security issues associated with participating in a distributed network such as a DAO. As decentralized networks are not regulated or protected by any authoritative bodies, members need to take extra precautions when making transactions and managing their funds.

It is important to note that since these organizations are self-governed, they might not always have the same protections offered by traditional companies, which can leave members vulnerable if conflicts arise between members.

Conclusion

Joining Developer DAO is a great way to network and get involved in the Web3 movement. It provides members with access to resources, mentorship opportunities, and other benefits associated with joining a DAO such as the CODE Tokenomics system. However, it also carries potential risks which should be taken into account before making any decisions. With these considerations in mind, Developer DAO can help developers transition into successful careers in blockchain technology.

If you want additional information on DAO projects, here’s a good resource. Also, check out our price predictions on a DAO coin.

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