The following fees are applicable to the formation and running of a DAO:
The DAO design is a consultative process, but to save time there are a number of templates that are our evolving best practices for establishing different types of DAO.
DAO Design is a discretionary fee, based on the proposed outcome. Bespoke design is charged at our consultative rates, shown below.
DAO Setup Fee
There is a discretionary one time charge of $2,000 to set up the DAO on our system. 50% of this fee is refundable as part of any capital raised through our Capital Raise commission. We would like this ideally to be a zero charge, but we see this fee as a way of ensuring intent and commitment on your part.
Financial Capital Raise Commission
Financial capital raises are charged at 5% of the total amounts raised through the DAO over the lifetime of the DAO. This is calculated automatically when funds are deposited into the DAO. This fee helps us maintain the OFI ecosystem and provide the security and advisory benefits to the communities that utilise
In order to make a DAO easier to use we work with Wallets to help organisations and individuals adopt DAO's. Wallets will allow you to attach a DAO to a domain name you own for a small yearly registration fee, or you can use our domain space for free for the lifetime of the DAO.
Our wallet fees are:
- [your-dao-name].dao.ofi.org DAO domain FREE
- Wallets DAO Custom Domain $50 per year [your-dao-name].yourdomain.ext