The Problem 🤨

There are many DAO and web3 tools being created in the decentralized space. The DAO tooling landscape is vast and rapidly evolving, making it extremely difficult to select the best resources to optimize efficiency and maximize workflow for one’s DAO or project.

Enter 👉🏼 ELI5💡DAO

ELI5 DAO stands for Explain It Like I am Five years old - Decentralized Autonomous Organization (DAO). We review tools created for decentralized organizations and explain their use in an easy-to-understand manner. Our reviews are published for public consumption so others can make educated and better informed decisions when creating the tool stack for their project/DAO.

ELI5 DAO is currently seeking 501(c)3 nonprofit status in the United States. This is being done publicly and discussed at length in our Discord. We hope that pursuing this status in a public manner will assist other DAOs and projects in the space.

Purpose 🎯  

We make DAO resources simple to understand.

Mission 🚀 

We educate through experimentation.

Vision 🛣️ 

We seek to become a trusted resource that will help people and organizations adopt decentralization by sharing helpful and objective information. Think consumer reports of Web3. 

Areas of focus include DAO Governance, Structure,  Operations, Communications, Rewards, and more. 

Most importantly, we value diversity of thought and an inclusive environment, and invite everyone to participate whether they are veterans of web3 or newbies. 


The Testing Process 🧪 (Our Solution)

We learn by doing. ELI5 members test DAO tools and write simple reviews. We work with technical founders and product teams for various kinds of tools comprising the DAO tech stack. 

Tools are tested during three-month periods called an epoch. The first two months are focused on testing the DAO tool, and the last month is for members to submit reviews, both written and video, which are edited and published on the ELI5 DAO website (https://www.eli5dao.com/). 


How will GG18 funds be used? 🧐

Funds received from GG18 will enable the continuance of our mission, directly supporting future epochs and, in turn, community growth. The DAO Tooling space is expanding rapidly, and we plan to have our fingers on the pulse of it as the landscape continues to develop. We genuinely believe in the ethos of decentralization and that we can go farther together. Thank you for your support! 