Would you join an Indie Hacker DAO, if so how should it be structured?

Question

I've been thinking about alternative funding options for indie hackers / bootstrappers that don't include debt or venture financing and it seems to me like a cooperative version of a startup studio / incubator could be a way to do it. Something similar to https://dxdao.eth.link where members can vote to bring on new members and potentially offer to cover living (UBI) and business expenses for a year at a time with an option to re up if there's traction.I'm personally not a fan of crypto but DAOs seem like an interesting business structure that could make it possible to set things up in a decentralized manner and make it easier to manage members vesting in and out if they leave.Starting this would either require a few initial crowdfunded projects or a merger of already profitable bootstrapped companies willing to use some of their revenue to fund things (ideally new projects that they'd be customers of).TLDR: How can we build the Y Combinator for Indie Hackers without needing VCs and infinite growth?(also posted on IH: https://www.indiehackers.com/post/would-you-join-an-indie-hacker-dao-cooperative-if-so-how-should-it-be-structured-864503bd13)

m_ke · Accepted Answer

I posted some more comments about this idea here https://news.ycombinator.com/item?id=28577944Good definition of a DAO here: https://ethereum.org/en/dao/

ssss11 · Answer

I like this idea and have been thinking about how DAO&rsquo;s could be useful for something similar but hadn&rsquo;t made this mental leap yet. It would be good if the members could pick and choose which startups their funds contributed to within the portfolio.I&rsquo;ll take a look at your further reading link - this is very interesting.

manx · Answer

I like the structure you described and I'd be interested to join. After my last failed startup, the most important thing for me right now would be the basic income, though.