What is the best tool right now for making DAOs on Bitcoin? I know the L1 scripting abilities are pretty good, but google has not worked to find a tool for this outside of just a regular multi-sig wallet. #asknostr #bitcoin #DAOs #development
Discussion
Why do you need a DAO? What DAOs are really decentralized and autonomous really?
I want multi-sig ability but with more ability to customize, for example, to be able to change the share of the total sig each member has based on a set of rules, be able to have a voting mechanism among members, etc. You can argue existing DAO platforms aren't "decentralized enough" but they clearly provide some level of decentralization.
This is to help fund development for an OSS project I love.
Technically Bisq is a DAO but they created their own coin for it. It's the only "DAO" I've used but I don't know how it works.
Good thing is you don't need to buy the coin to use their services but I did buy some when I learned that it funded development and it gives me discounted fees as a bonus.
Why does it need to be on the Bitcoin network?