IMPACT DAOS

An Impact DAO is focused on creating positive externalities. In other words, its purpose is to improve the lives of people and the planet. Think of it as an internet-native nonprofit, philanthropic foundation, or B Corporation. Although Impact DAOs are based on the internet, their impact is felt in the real world... Impact DAOs offer a radically new way of organizing, fundraising and allocating resources for causes. They are a new operating framework for our digital lives... The Impact DAO ecosystem is nascent but growing rapidly. The first Impact DAO emerged in June 2020 with Elimu.ai, an open-source project on GitHub developing AI-powered learning apps for kids in emerging markets.