"DAOs are internet communities with a shared cap table and bank account."

"What is a DAO?"

"A DAO is a commitment to share value with a community."

"Provide members with a voice through governance."

"Flatten hierarchy and create fluid workstreams."

"Allocate resources to achieve a core mission."

"Regardless of size, DAOs look to solve core missions - evolving a group chat into a success-driven community."

"DAO Operating Systems make it easy for anyone to start a DAO with limited technical skills."

"Grants DAOs show that niche communities are more nimble in capital allocation than formal bodies."

"Protocol DAOs provided a framework for any network to issue a token that was (hopefully) owned and operated by its community."

"Investment DAOs allow members to pool capital and invest in projects at their earliest stages."

"Service DAOs explore the future of work, and what employment looks like in crypto-native world."

"Social DAOs show that there is more to crypto than making a quick buck, and that the internet is the best place to meet people with similar interests."

"Collector DAOs seek to curate which NFTs have long-term value."

"Media DAOs share an outlet’s open agenda to spread awareness and news."

"DAO Tools"

"The lightest DAOs are social-first with off-chain governance. The goal is to create active discussion and communal belonging - more than to generate a profit."

"The heaviest DAOs have tremendous amounts of capital at stake, requiring on-chain governance to execute and ratify proposals."

"DAOs mature on the back of community-driven services and governance."

"Governance will become increasingly more important, and feature a much wider design diamond of possibilities. With this, so will the number of teams working to put capital to work through on-chain proposals."