DAO Creation Services

Setting up a new DAO

A major part of Web3 that will increasingly become more popular and prevalent for entrepreneurs and like-minded communities are Decentralised Autonomous Organisations (DAOs). As the name suggests, DAOs are decentralised business entities where its management, decision making and ownership is spread between the members / owners of a DAO rather than centralised to a small group of decision makers.

They have built-in treasuries that no one has the authority to access without the approval of the group. Decisions are governed by proposals and voting to ensure everyone in the organisation has a voice.  Make no mistake, DAOs are here to stay and will change the way that businesses are structured and then governed in the future.

Decentralised Autonomous Organisations (DAOs)

A major part of Web3 that will increasingly become more popular and prevalent for entrepreneurs and like-minded communities are Decentralised Autonomous Organisations (DAOs). As the name suggests, DAOs are decentralised business entities where its management, decision making and ownership is spread between the members / owners of a DAO rather than centralised to a small group of decision makers. They have built-in treasuries that no one has the authority to access without the approval of the group. Decisions are governed by proposals and voting to ensure everyone in the organisation has a voice.

The decentralised aspect of DAOs mean that there is no CEO of a DAO nor a CFO that can potentially manipulate financial records. With DAOs, there is total transparency and the rules around spending are coded directly into the DAO22.

DAOs fundamentally shift how businesses are structured and governed compared to how most businesses operate today. Smart contracts are the backbone of a DAO and the rules of engagement are defined within this. Importantly, smart contracts can
be verified easily and cannot be manipulated. This provides a level of trust and transparency in a DAO allowing like-minded or interested parties to easily invest in an entity and have a say in all decisions related to it.

The table below compares how DAOs differ from traditional companies:

A DAO

A Traditional Organisation

A flat and unstructured organisational structure

Typically hierarchical structure

Voting is required for members to make changes to the entity or to make spending decisions

Changes can be made by a sole party or smaller vote based on controlling interests

All votes are tallied with the outcomes automatically implemented with the need for a third-party

Votes counted manually and are open to manipulation from third-parties

All activity and transactions is transparent and fully available to the public

Transactions and activity is typically private and not available publicly

Depending on the structure of the DAO, membership can remain fairly liquid and tradeable in public Web3 markets

Often difficult to exit private entities.

How can DAOs be used?

DAOs can replicate many of the types of traditional organisations that exist today:

  • Charities / Causes: A DAO can be created to help raise funds for a single or group of charities with spending decisions voted upon by DAO members.
  • Networks: Groups of people can join forces, raising capital for investment in specific activities. For example, a group of freelancers can come together and use their collective buying power (held in the DAO) to vote on aspects such as office space, software tools and get-togethers.
  • Private Ventures: DAOs have been formed to create purpose-specific ventures. For example, PleasrDAO was created by a group of like-minded NFT collectors who raised funds to make collective investment decisions relating to NFTs and other assets. Another example, is LinksDAO that was created by a community of golf enthusiasts with the purpose of building a new golf course and modernising the golf club membership experience.

 

There are two main types of DAO membership in use today:

  • Token-based Membership
    Members can participate in a DAO by trading tokens on a decentralised exchange. An example of this could be through the trading of NFTs where owners would gain access to the DAO through ownership. Token-based membership is permissionless with any NFT owner having equal rights to other NFT owners.
  • Share-based Membership
    More permission-based than token-based membership, those wanting to become a DAO member through a share-based membership would typically need to submit a proposal offering work-based services or contributions or tokens.

If you're interested in creating a DAO or have a fractional-ownership concept that you believe will work in the Web 3.0 world, please reach out to our team by completing the form on this page.

 
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Case Studies

What our clients say

HubSpot - NEXA Testimonial

NEXA was HubSpot’s first partner in the Gulf region and joined the partner program almost 10 years ago. They have been integral in educating the region about inbound marketing and sales and have applied their expertise to strategic clients in the technology, real estate, and education space. One of the key differentiators with Nexa is their proven capabilities to customize their services to find the right solution and solve for the customer’s needs.

Jeetu Mahtani - HubSpot

Senior VP & Managing Director,
International - HubSpot

Redmills - NEXA Testimonial

It is an absolute pleasure to recommend NEXA for website projects. They really are the best in the business. We had asked NEXA to pitch to us for website projects, and they stood out for 2 main reasons. 
First, They demonstrated their experience in building the right hierarchy & structure for SEO for websites in an international market context. Second, They have a number of expert teams allocated to website project.
To sum up the NEXA Team, are professional and passionate about providing the best website and service. They don’t just tick boxes getting a website done. They really do care and go the extra mile.

Mairead Hanlon - RED MILLS

Digital Marketing Lead,
RED MILLS

Nolte - NEXA Testimonial

Being skeptical about digital marketing to begin with, we put our faith in NEXA to prove to us that it would indeed benefit our brand and business growth. It didn't take long for NEXA to astound us with their level of expertise and knowledge about digital technologies and marketing tactics that resulted in whopping our ROI.

We are highly satisfied with their work. They have helped and supported us on understanding how to run all our digital campaigns at the right time in order to achieve the best results across all multiple countries and different markets. 

We consider NEXA to be valuable business partners from whom we will continue to seek business growth strategies.

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Rove Hotels - NEXA Testimonial

Since NEXA has taken over the optimization of the Rove Hotels website, we’ve not only seen an increase in qualified traffic but also an increase in conversions. The NEXA team also worked closely with our in-house team during the transition to a new website, which can often be a tricky exercise.  Thanks to the team, the transition was incredibly smooth and within a few weeks, we noticed even higher search traffic coming onto the website.

Overall we find the team very responsive and senior management actively involved in the process.

Rove Hotels
Toshiba - NEXA Testimonial

When it came to attracting leads across the MENA region, we were at a loss. We turned to NEXA to assist us in reaching this large target audience.

Needless to say, our expectations were exceeded. NEXA helped us rank in the search engine results, across multiple locations and brought us the highest quality leads and improved sales for Toshiba Printers. 

Toshiba
LIV Developers - NEXA Testimonial

When we partnered with NEXA, we expected a 6 month campaign that would help us try to reach our goals. However, NEXA managed to exceed all our expectations and delivered exceptional results in just 4 months. 

The team made everything feel effortless, even when it was certainly a stressful campaign. We look forward to partnering with NEXA in the future as new developments roll out.

LIV Residence
Dubai Creek Resort

We partnered with NEXA to enhance the digital presence of Dubai Creek Resort and elevate visibility across our key offerings - dining, golf, spa and luxury villas. With a tailored and data-driven SEO strategy, NEXA delivered impressive results, including a 20% YoY increase in organic traffic visibility and a noticeable uplift in bookings for our premium services. Their campaign not only met but exceeded our expectations, securing top rankings in highly competitive categories such as 'Best Thai Restaurant in Dubai' and 'Golf Villas in Dubai. 

Compared to previous years, the growth in our website's visibility, keyword rankings and traffic has been remarkable. NEXA’s deep expertise, strategic approach and commitment to continuous optimisation have played a critical role in that success. Their work has transformed our digital presence, strengthened our position in the luxury hospitality space and driven measurable business impact. We truly value this partnership and look forward to achieving even greater results together.

 

Afrah Aziz

Senior Digital Marketing Manager,
Dubai Creek Resort

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Our partnership with NEXA has been nothing short of transformative. In just a few months, we’ve seen remarkable SEO results driven by their expertise, ownership and proactive mindset.

They don’t just respond-they anticipate, innovate and deliver. Their impact on our brand visibility has been outstanding and we believe they truly deserve this recognition.

Amira Elkoushiry
Brand and Digital Experience
e& enterprise

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