Home DeFi & NFT How to Own Cryptocurrency without Investing in one Using DAO HAUS by Sarah Shegen

How to Own Cryptocurrency without Investing in one Using DAO HAUS by Sarah Shegen

dao haus

Twitter Handle Sarah Shegen:  So you want to get rich in crypto but you don’t have a ton of money to put in. What can you do? GO WORK FOR A DAO.

DAO is a decentralized autonomous organization / community. DAO members vote on how to spend pooled funds, then funds are moved automatically by smart contacts when votes pass. How to get paid by a DAO: 1. Pick a DAO 2. Write docs, memes, code, etc 3. Members vote to pay you.

How much money do DAOs have to spend? Start here with exploring different groups like @nowdaoit and the checkout @votewithtally.

There are BILLIONS of dollars on the table for Defi DAOs from UNI, CRV, SUSHI, COMP, AAVE, BADGER, and many more.  Let’s keep it simple for the first example. Find proposals like this: Community grants or community rewards for contributions. This proposal says the Uber Haus DAO is paying for help from ANYONE right now.

So how can you get some of those funds? Or funds from any DAO? Join their community discord, read their docs, and try to answer questions in support channels. If you are a dev, check github for issues. If not, check documentation for things that need to be explained better. 

For that Uber Haus funding, let’s check out their docs Uh oh! If it looks like this doc page could use some work! Go get clarifications in discord, and write an explanation that will help people join the project. There are lots of contributions that can be made with no coding required.

Now you’ve done some work to improve a community or make it easier for people to join, and you didn’t need to be a coder, make a proposal to get a grant or paid for your work. Boom you’ve got some new crypto.  Now, keep stacking.

The point is, there are many more ways to get crypto then “investing” and there are millions on the table for anyone willing to take it.

The point is if “DeFi is the future of finance, DAOs are the future of freelance.” Many are waking up thinking “What will I do for DAOs today?”

Crypto is capturing the imagination of younger generations who are digitally native and more willing to question the status quo. The future is decentralized. Many are seriously experimenting with DAOs – and DAO Haus are working towards making this easy for everyone.

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James

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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