DAO.vc: Decentralized Autonomous Venture Capital Ecosystem

Wow, friend, I’m glad to chat with you about blockchain projects! Today, let’s take a look at a project called DAO.vc. However, before we dive in, I need to share an important finding: according to platforms like DappRadar, DAO.vc currently appears to be **inactive**, and its official website or related resources are no longer accessible. This means that the information we’ll discuss is mostly about its **original concept and operating model**, rather than its current activity.

What is DAO.vc

DAO.vc, also known as DAOVC, was positioned as a **one-stop solution** aimed at connecting various participants in the venture capital industry. You can think of it as a **decentralized “venture ecosystem”**, like a large online community and marketplace, featuring:

• Investors: They could look for promising startups to invest in here.
• Startups: They could showcase their projects, attract investment, and receive incubation support.
• Freelancers and headhunters: They could offer services to startups or help companies find talent.

The core idea of this project was to use the **Decentralized Autonomous Organization (DAO)** model to address some pain points in traditional venture capital, such as information asymmetry, high investment thresholds, and lack of transparency in decision-making.

Project Vision and Value Proposition

The vision of DAO.vc was to create a **decentralized, automated venture capital aggregator** to make investing in IT startups and blockchain projects more convenient and transparent. It aimed to build an autonomous ecosystem for all participants by combining efficient strategies from traditional enterprises with innovative DAO solutions. Simply put, it wanted to:

• Lower investment barriers: Allow even small investors to participate in venture capital.
• Increase transparency: Use blockchain technology to make investment decisions and fund flows more open and transparent.
• Incubate and accelerate startups: Provide a “Launch Laboratory” to help promising projects grow.

Technical Features

As a decentralized project, DAO.vc was built on **blockchain technology**.

• Smart Contracts: You can think of smart contracts as “digital agreements” that automatically execute on the blockchain. Once conditions are met, the contract executes automatically without third-party intervention, forming the basis for DAO.vc’s decentralized decision-making and fund management.
• Multi-chain Deployment: According to historical data, DAO.vc was built on the **Binance Smart Chain (BSC)** using the BEP-20 token standard. It also planned to use a BSC-ETH bridge to publish voting results on the **Ethereum** blockchain. In short, it leveraged the strengths of different blockchains to run its ecosystem.
• Decentralized Governance: Project decisions were distributed to community members via **token voting**. Token holders could vote on investment directions, operational strategies, etc., enabling community autonomy.

Tokenomics

The native token of the DAO.vc project was **DAOVC**.

• Token Symbol: DAOVC
• Maximum Supply: 100 million DAOVC.
• Token Utility: DAOVC tokens were mainly used for **governance**, allowing holders to participate in platform voting decisions. Additionally, they could serve as incentives to reward contributors within the ecosystem.

It’s important to note that, according to CoinMarketCap, the **circulating supply of DAOVC is currently shown as 0**. Combined with the project’s inactive status, this likely means the actual circulation and use of the token has ceased.

Team, Governance, and Funding

According to historical data, the core team members of DAO.vc included:

• George Galoyan: CEO and founder.
• Valerii Klimov: Co-founder, project lead/advisor.
• Karina Lysenko: Product lead/operations lead.
• Other members included operations director, community management, PR manager, legal advisor, etc.

The team had deep expertise in programming and blockchain technology, and had participated in multiple blockchain hackathons. In terms of **governance mechanism**, as a decentralized autonomous organization, DAO.vc’s decisions were made through **community voting**. Platform members gained voting rights by holding DAOVC tokens and jointly decided the project’s direction and investment choices.

Roadmap

According to historical data, DAO.vc once had a detailed roadmap, planning development from Q1 2020 to Q1 2022, including:

• Q1 2020: Project launch, concept formation, team building.
• Q3 2020: MVP (Minimum Viable Product) development, first batch of startups onboarded, pre-seed round completed.
• Q2 2021: Legal documents, product strategy and marketing, attracting VCs, launching governance token distribution and voting system, token sale, first users onboarded.
• Q3 2021: Listing on DEX (decentralized exchange), integrating LaunchLab, launching first 10 startups, developing crowdfunding platform and project discussion system.
• Q4 2021: Launching crowdfunding platform, accelerating 30 startups, team expansion, developing voting mechanism for token buyback/burn.
• Q1 2022: Launching DAO.VC 2.0 ecosystem development, listing on centralized exchange, launching mobile app.

However, given the project’s current inactive status, it’s unclear whether all roadmap plans were realized or how the project developed afterward.

Common Risk Reminders

Friend, while we’re learning about a project, as a blockchain research analyst, I must remind you that every blockchain project carries risks, especially those like DAO.vc that are currently inactive.

• Project Activity Risk: The most direct risk is that the project appears to have ceased operations or activity. This means its ecosystem may no longer be maintained, features may be unusable, and token value may be severely affected.
• Information Transparency Risk: With official resources unavailable, we can’t access the latest whitepaper, audit reports, or team updates, making it harder to understand the project’s true status.
• Technical and Security Risk: If the project code is no longer maintained, there may be unpatched vulnerabilities, leading to asset security issues.
• Economic Risk: The token’s value may drop to zero due to the lack of an active ecosystem and development.
• Compliance and Operational Risk: The regulatory environment for blockchain projects is complex and ever-changing; project cessation may also be related to compliance challenges.

**Remember, the above information does not constitute any investment advice.** When considering any crypto asset, always conduct thorough personal research (DYOR - Do Your Own Research) and fully understand the risks involved.

Verification Checklist

Since the project is currently inactive and official resources are unavailable, many items in the following verification checklist may not be directly verifiable or may yield unfavorable results:

• Block Explorer Contract Address: While you can find the DAOVC token contract address (for example, on Ethereum it’s 0x284b...535345), you should check its historical transaction records and holder distribution to assess activity.
• GitHub Activity: If the project has a public code repository, check code update frequency, number of contributors, etc., to evaluate development activity. But it may be difficult to find an active repo now.
• Official Website/Whitepaper: Currently inaccessible.
• Community Activity: Community discussions and updates on social media (such as Twitter, Telegram, Discord). Inactive projects usually have dormant communities as well.

Project Summary

DAO.vc was once an ambitious blockchain project aiming to revolutionize traditional venture capital through the DAO model, building a transparent and efficient ecosystem for investors, startups, and freelancers. It envisioned a platform governed by token voting, operating on Binance Smart Chain and Ethereum, with a detailed development roadmap. However, based on the latest public information, DAO.vc now appears to be **inactive**, and its official website and detailed materials are no longer accessible. This suggests the project may have ceased operations or development. For anyone interested in DAO.vc, understanding its historical vision is important, but it’s even more crucial to recognize the risks of its current status. **Once again, all the above is for informational sharing only and does not constitute investment advice.** In the crypto space, project developments change rapidly—always conduct your own in-depth research and carefully assess all potential risks.