DAO Summoning

November 21, 2023 - Around 2 mins mins to read

What Is DAO Summoning?

DAO summoning refers to the process of creating or establishing a DAO. This term is commonly used when forming a new Moloch DAO, although it can also apply to the formation of any other DAO.

The first DAO to be summoned was the MolochDAO, initiated by Ameen Soleimani on February 14th, 2019 at ETHDenver.

All the necessary infrastructure for a new DAO can be deployed within seconds, and there are already various tools available that allow for the summoning of a new DAO with just a few clicks.

The use of the term “summon” in the context of forming a new DAO signifies the urgency of rallying a community around a shared purpose or common values. It also reflects the core DAO principles of distributed and collective ownership. In contrast, the formation of traditional companies and organizations, which are typically not community-driven or community-owned, is described using more utilitarian terms such as “create,” “start,” or “fund.”

DAO summoning also involves the process of gathering new members for a DAO. A “DAO summoner” invites individuals to join the DAO, thereby assembling the initial group of members.

In the initial versions of the Moloch DAO framework, the DAO summoner was the only initial member, necessitating the active recruitment of new members. However, in version 2.1 and subsequent versions, a new DAO can be summoned with multiple initial members, known as “multi-summoning.”

Author: Collectively authored by DAOhaus

DAOhaus is a platform that serves as the home for purpose-driven community DAOs. It has evolved from a hackathon project in 2019 to a fully-fledged platform hosting over 1,000 DAOs. DAOhaus allows users to incorporate the functionalities of DAOs into their own projects without the need to handle the complexities of writing smart contracts or building dApps. Launching a DAO through DAOhaus is a simple process that can be completed in just a few clicks.

Glossary