Angel DAO

Angel DAO is a venture decentralised autonomous organisation that supports projects working on distributed systems and decentralised finance. It gives them funding, software development help, network participation and community building. The group says its members come from the blockchain space and have experience across token design and Web3 development.

What Angel DAO does

• Venture funding: investment in projects that aim to spread distributed technology.
• Technical support: Web3 software development, user interface and design work.
• Marketing and community: promotion and community organising for the projects it backs.
• Token model creation: design help drawn from the team's experience with DeFi.

Clients

The group backs projects that push distributed systems and decentralised finance forward. Decisions are reached through a data-driven research process and consensus among members. Only whitelisted Ethereum addresses can vote, and a simple majority of current members forms the quorum. The DAO is deployed on Aragon and on Gnosis as a SAFE, and its technology can be upgraded to add features.

Key facts

• Platforms: Aragon and Gnosis SAFE
• Voting: whitelisted member Ethereum addresses