Nov 26
Create Your First DAO Using Aragon in 10 Minutes
Easy Step by Step Guide for Absolute Beginners
Interested in creating a DAO organization by yourself? I would like to share my own exciting experience with easy steps at the age of Decentralized Internet. Of course, there are many useful tools for creating and organizing DAO projects in Web3.0 space. Here I focus on software called “Aragon” on open-source infrastructure.
What is Aragon?
A Spanish kingdom built in the 11th century… Maybe?
This answer can be correct, I would say. In this context, however, Aragon is a web application for creating DAOs (Decentralized Autonomous Organization) using the Ethereum blockchain, where you can issue governance tokens and use them to make decisions with your community members.
Aragon is a powerful tool for decision-makings that require:
・Transparent community operation
・Location-independent collaboration
・Fund management
What is the Ethereum Test Environment?
I explain how to build DAOs using the “Goerli” Testnet that allows developers and users to test decentralized applications at no cost instead of using the real Ethereum blockchain.
“Goerli is a proof of authority (PoA) testnet web3 developers use to test blockchain applications before launching them on the Ethereum Mainnet. To test smart contracts on the Goerli testnet, developers need Goerli ETH to execute transactions” (Alchemy).
How do I build a DAO project using Aragon?
1) Visit the Aragon App Website
Go to https://aragon.org/ and click “Create your DAO” button.
2) Change Your Network Setting
Click “Ethereum” on the upper right.
This means you are currently connected to the Ethereum Mainnet network, so you need to change your network from Mainnet to a Testnet.
Click “Goerli” Testnet from select menu.
Now you can find you are ready to use “Goerli” Testnet, which is a recommended default Testnet for testing decentralized applications for free.
3) Connect Your Ethereum Wallet
Click “Connect account” in the upper right corner.
Click “Metamask” button. (If you have other kind of wallets, select the other one.)
MetaMask extension application will pop up on the right side if you have already installed it on your web browser.
Confirm your account is correctly shown and click on “Next” button. Then, click “Connect” button to connect your own wallet to Aragon.
4) Check the Active Account
Back to the menu and check if your wallet is connected to Aragon platform using Goerli Testnetwork.
5) Get Your Testnet Ethereum (GoerliETH) for Free
I use “Goerli Faucet” powered by an web3 development platform Alchemy.
You need at least 0.20 GoerliETH to create a new DAO organization. You can get GoerliETH which has no-real value for free in order to conduct an experiment before deploying a real DAO project on Ethereum Mainnet. Some of you might not have any GoerliETH yet. Then please follow the procedures below.
First, sign in to Alchemy and create your account from https://www.alchemy.com/
Second, go to https://goerlifaucet.com/
Copy and paste your wallet address from MetaMask into the form and click on “Send Me ETH” button to gain 0.2 GoerliETH.
Check MetaMask wallet to see whether 0.2 GoerliETH is correctly sent to your Ethereum wallet.
6) Create a New Organization
Click “Create an organization.”
Select your organization with pre-configured templates. As an example, use the “Company” template.
Confirm the contents of Company template and click on “Use this template.”
7) Assign ENS (Ethereum Name Service) to Your Organization
Give a cool name to your DAO organization and click “Configure template.”
8) Configure Settings of Your Organization
Set appropriate values according to the needs of your organization. I used the default values for an experiment. Click “Configure template.”
9) Define Your Token
Give an outstanding name to your token as well as token symbol (normally token symbol is an abbreviation of its token name).
Add token holders by pasting the wallet addresses of your organization members in the form and assign token balances (ex. 20) and click “Review information.”
10) Review Information
Take a look at all the settings before launching your own organization.
That’s all. Congratulations, your first DAO project has just launched.
Now, you can start your own DAO project from the menu.
Is it easier to start your own DAO project than you ever thought?
My personal motto is “Connecting people with kindness and compassion using technology.” Thanks a lot for reading to the very end and see you again in another post.
