The ARCA DAO is Launched
The Arweave community and the core Arweave team have come together and we are delighted to announce the launch of ARCA, a community-governed DAO that will develop and expand the Arweave ecosystem, project, and network.
The ARCA DAO is now live on Ethereum mainnet, with a membership made up of long term miners, developers, and backers involved in the Arweave community. ARCA will operate independently to coordinate, plan, and allocate funding to projects and initiatives that benefit the entirety of the Arweave community.
DAOs, Decentralized Autonomous Organisations, are emerging as a new tool for social coordination. They are a new way of making decisions, allocating resources and striving for optimal outcomes in a transparent and verifiable manner. They are programmable organizations. They are ownerless power structures. They are decentralized power with distributed decisions, and they are here now.
The ARCA DAO
The Arweave project, from the start, has been about community ownership and decentralization — providing decentralized web hosting, open source code and open source dApps, user driven content moderation, and encouraging open engagement. Up until now, the responsibility for driving adoption and organizing ecosystem improvements have been left mostly in the hands of the core Arweave team.
The Arweave Community Fund A (ARCA) is the first initiative to decentralize adoption and ecosystem improvement efforts among the wider community. We expect this DAO to be one of many in the future, with differing responsibilities, differing structures, and competition between them to get the best results.
To start the initiative, the core Arweave team has donated $25,000 in DAI to the ARCA DAO to spend as they see fit. If the DAO proves successful, it can receive follow on funding.
ARCA Key information
- 17 Veteran community members
- Membership is not fixed, new members may join, members may leave
- Initial $25,000 DAI in funding, with follow-on funding available
- Independent operation
For more information on the background of this initiative and where the future of Arweave DAOs will go, you can read the original announcement post here.
If you would like to talk with the ARCA members, to propose ideas, apply for membership, or talk anything DAO- or Arweave-related, they can be contacted on Discord in the #arca channel, and you can view the DAO running on Ethereum mainnet.
The full list of initial members of the ARCA DAO is as follows:
- Ros McMahon
This list is fluid and changing, if you feel like you want to be part of it just drop into Discord and tell us why, and you may get voted in as a member.
We’re excited to see where this new direction takes us, and what we can achieve when the collective Arweave community has the resources and infrastructure in place to work together.
Let the decentralized governance begin!
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