NEAR: Vital Point AI Redefines a DAO

About this video

Welcome to episode 8 of BlockHeads! In this episode, we talk with an incredible self-taught developer named Aaron who created a Decentralized Autonomous Organization application. In addition, we learn about parachuting struggles, have some laughs & get a demo of his DAO!

How did he build this you ask?

By using the Moloch v2 DAO from Ethereum as the foundation and inspiration, Aaron built an application that helps communities autonomously manage community funds. Approved members get voting rights and the ability to submit proposals as to how those community funds should be used.

So, Instead of having a board of directors organize a meeting in person or over Zoom to decide amongst themselves which projects to fund or even who should be a member of that board - all of that is automated in a Decentralized Autonomous Organization like the one Aaron built.

The blockchain contracts define the rules for how the organization works, manages how proposals are submitted and by whom, monitors voting, and ultimately funds management and distribution.

This means the organization is controlled by its community and no central authority. Decisions are transparent, and the automation eliminates the need for managerial involvement once decisions are made. It's a new, blockchain way, of running a community and allocating its resources on what that community feels is important. ------------------------------------------------------------------------------------------------------------------------- Time Stamps: 00:00 Intro 00:40 Summary 01:30 Getting To Know Aaron 03:05 Problem That The App Aims To Solve 03:17 Nima Shoutout 03:21 Problem That The App Aims To Solve 04:18 Demo Of The Project 10:37 The App Summed Up In 20 Seconds 11:01 Demo Of The Project 16:31 Nima Shoutout #2 16:36 Contribution Voting 17:28 Inspiration For The Application 17:35 Nima Shoutout #3!!! 17:56 Obstacles While Building 21:23 The Projects Future 23:26 How To Get In Contact With Aaron 24:20 Outro ------------------------------------------------------------------------------------------------------------------------- Vital Point Guild: vitalpoint.ai

Github Repository: https://github.com/ALuhning?tab=repos... ------------------------------------------------------------------------------------------------------------------------- Follow the latest from NEAR Protocol,

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