# Altruism DAOs **URL:** \ **Category:** Near Community and nodes\ **Tags:** daos, governance, altruism\ **Created:** [July 23, 2021, 10:42pm UTC](https://gov.near.org/t/altruism-daos/3764 "2021-07-23T22:42:51Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![jlwaugh](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.near.org/jlwaugh/32/42_2.png) [@jlwaugh](https://gov.near.org/u/jlwaugh)\ **Post date:** [July 23, 2021, 10:42pm UTC](https://gov.near.org/t/altruism-daos/3764/1 "2021-07-23T22:42:51Z")
## Why Read This? _My goal here is to describe categorical structures, features, and processes of Altruism DAOs. This means exploring complex ideas of “the” Altruism DAO, which coordinates financial support of various Altruism DAOs._ ### Sustainably Rewarding Altruism **$GOOD Token Design Patterns** Usually, Sputnik DAOs reward contributors based on the value of their work in terms of alignment with a purpose. “Altruism DAO” intends to give funds where they are needed most, i.e. Altruism DAOs typically optimize for impact (more or less qualitative). ![globe-895580_1920](https://europe1.discourse-cdn.com/flex005/uploads/gov_near/original/2X/1/1976cae701ea562a4dcb2437e1413873f04ac612.jpeg) DAOs often have charitable purposes ~ like nonprofits / charities, they supply valuable work in exchange for necessary funds. Responding to the needs of such [charitable DAOs](http://gov.near.org/t/charity-daos/1703), the Altruism DAO reviews inbound proposals from community leaders (volunteers and contributors). $GOOD token holders vote on whether to support other DAOs, which are doing charity work. > [@Charity DAOs](http://gov.near.org/t/charity-daos/1703): > > I’m writing this forum post to start discussion about charitable giving (and spending) through DAOs on NEAR. Building on the momentum of [recent initiatives](https://cryptorelief.in), NEAR is evolving to support communities around the world! Often, benefactors have necessary knowledge to donate funds effectively. However, most would admit they should not decide how their beneficiaries actually spend the money. That’s the whole point of charity! We trust organizations and individuals who need help making a difference. Fu… ### Hypothesis GOOD tokens may incentivize follow through by rewarding those who actually do good work using funds received from a specific Altruism DAO via payout proposals (NEAR or stablecoin). [As Vitalik described](https://medium.com/ethereum-optimism/retroactive-public-goods-funding-33c9b7d00f0c), “It’s easier to agree on what was useful than what will be useful.” Contributors often prefer liquid currency as compensation. However, what if another type of token was given to reward successful proposals? Let’s imagine Altruism DAO holds both nUSD and the initial supply of GOOD in its treasury. The pool of “dollar-equivalent” nUSD might be used to fund projects at some point during an expected timeline, or at least, Altruism DAO has their own ideas of successful, meaningful, and impactful charity work, with or without metrics. Unfortunately, it’s challenging to decide when is the best time to give support. This context of Altruism leads me to believe sooner would be ideal, yet we understand the complexity of this decision. Altruism DAO would rather distribute nUSD to charities who have already done significant work and just need more funding to achieve goals. Practically, that implies Altruism DAO would give nUSD to established charity DAOs and other non-profit institutions. How can the whole category of “Altruism DAOs” keep itself accountable? That’s where GOOD tokens come into play. Each proposal could have two parts: 1. nUSD: payout(s) needed to complete project 2. GOOD: distributed to successful payout recipient(s) This effectively and efficiently addresses problems with accountability systems for DAOs. Namely, the amount of GOOD tokens held by a potential funding recipient provides a signal of their ability to distribute resources fairly, responsibly, and wisely. Furthermore, primarily receiving support in nUSD means they don’t have to sell any GOOD tokens in order to complete their project. When charity DAOs earn reputation by successfully interacting with Altruism DAO, they use the meaning of that value to prove likelihood of positive impact and gain support from other Altruism DAOs, for example: creators of NICE tokens 🙂 ### $GOOD, Not #GREAT? I’m fascinated by how every action has unique, imbued value with an origin story. Eventually, all of the GOOD tokens created for _the_ Altruism DAO might be fully distributed in the market. Why should anyone provide liquidity ~ betting on faith? For the sake of everyone, buying GOOD tokens will not mean the same thing as earning them via proposals. Still, buyers can rest assured that holding GOOD reflects alignment with objectives and key results of a “good” Altruism DAO. They might even be more inclined to donate nUSD to the Altruism DAO treasury! Especially if they believe in those who received GOOD tokens 💞 ### Open Discussion This forum post reflects on accounting systems for the goodness of Altruism DAOs because measuring the impact of humanitarian efforts is a difficult challenge! Why do $GOOD token holders coordinate around shared objectives and key results? Furthermore, how can we scale this category of Altruism DAOs? Vertically, horizontally, and every other positive direction. Please reply with any ideas, comments, or questions! ### Real-World Altruism DAO Special thanks to Chloe Lewis for inspiring these ramblings, providing thoughful feedback, and doing all kinds of great work starting the innovative [Marma J Foundation](https://marmaj.org)! > [@\[Hackathon\] Marma J Foundation DAO - Creators & Communities](http://gov.near.org/t/welcome-marma-j-foundation-dao/1976): > > The Marma J DAO exists with the purpose of supporting creatives who aim to spread love and positivity throughout the web3 community. Currently, the [Marma J SputnikDAO](https://v2.sputnik.fund/#/marmaj.sputnik-dao.near) is where the Marma J Council Members vote on proposals submitted on the NEAR blockchain. Each proposal to the Marma J SputnikDAO also requires a [Discourse Forum](http://gov.near.org/tag/marmaj) link upon submission. One of the main funding avenues that support the Marma J DAO is the split royalties and fees from NFT sales on the Mintbase platform. As such, all NF… #### Learn More: > **[Marma J Foundation](https://marmaj.org)** > > Leveraging Web3 Technology for Social Good ---
**Author:** ![chloe](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.near.org/chloe/32/533_2.png) [@chloe](https://gov.near.org/u/chloe)\ **Post date:** [July 23, 2021, 11:09pm UTC](https://gov.near.org/t/altruism-daos/3764/2 "2021-07-23T23:09:45Z")
Great write up @jlwaugh 🥰, looking forward to seeing these ideas implemented within the near ecosystem. ---
**Author:** ![GriffGreen](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.near.org/griffgreen/32/3297_2.png) [@GriffGreen](https://gov.near.org/u/GriffGreen)\ **Post date:** [July 25, 2021, 6:07am UTC](https://gov.near.org/t/altruism-daos/3764/3 "2021-07-25T06:07:23Z")
This sounds very much like Panvala. Prob good to talk to them about their experiences. ---
**Author:** ![Grace](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.near.org/grace/32/10544_2.png) [@Grace](https://gov.near.org/u/Grace)\ **Post date:** [July 25, 2021, 7:12am UTC](https://gov.near.org/t/altruism-daos/3764/4 "2021-07-25T07:12:27Z")
hey, @GriffGreen welcome to the party! 🥳 So happy you joined our forum, lots of great things for us to do together! ---
**Author:** ![jlwaugh](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.near.org/jlwaugh/32/42_2.png) [@jlwaugh](https://gov.near.org/u/jlwaugh)\ **Post date:** [July 25, 2021, 2:43pm UTC](https://gov.near.org/t/altruism-daos/3764/5 "2021-07-25T14:43:55Z")
Thanks for the reply! I’ve chatted with @niran about a Sputnik DAO governed by nPAN holders, and I believe that could be a practical $GOOD token. I’m very grateful to him for all his great work, and I appreciated his response in our discussion about Charity DAOs. I started working on a reply that turned into “Altruism DAOs,” thanks to guidance from Chloe Lewis. Panvala is truly changing the game, and I’m definitely hoping to learn more from their experiences. > [@Charity DAOs](http://gov.near.org/t/charity-daos/1703/6): > > Very glad to see this effort coming together from Sputnik DAO! At [Panvala](https://panvala.com/), we believe that the biggest impact crypto will have is on community life: charitable efforts like this one, but also arts and culture groups, recreational groups, or just groups of friends coming together to have a great time. Since this effort from Sputnik DAO is in line with our mission, we’d love to invite you to join the Panvala League! Communities in the Panvala League share Panvala’s inflation to match the donation… [Your talk at EthCC](https://www.youtube.com/watch?v=PFy458wCQ0g) meant a lot to me, and I’ve been inspired by Commons Stack and the Token Engineering Commons. We have to design and build better systems that reward contributors fairly, responsibly, and wisely. I take my role in the Trusted Seed very seriously, and I’d love to contribute to the field of token governance by facilitating the Governauts research initiative, led by Token Engineering Academy. Stay tuned for a post regarding that opportunity!