DAOgram

DAOgram

Eliminating the need for multiple dApps to governance processes. Seamless decision-making and voting directly within Telegram, powered by TON blockchain. 

Problem statement:

Even with dozens of dApps, people still use Telegram to discuss governance processes, so let's make it onchain to stop the…

• Fragmentation in DAO governance processes
• Low engagement and Inefficiency
• Poor user  experience

Solution:

• All-in-One Platform: Telegram serves as chat, forum, and decision hub—fast and efficient. No need for multiple platforms and dApps.
• Increased Engagement: Enhance user journey and keep decisions on-chain using TON Blockchain and Telegram.
• Scalable Use Case: Reach all active governance token holders (around 3.2M according to DeepDAO) and simplify onboarding for new DAO members.
• Streamlined User Experience: DAOgram competes across different segments (forums and decision-making dApps), so it's a solution that facilitates the user journey.

Why does it matter?

• Simplified DAO Management:

  • Ease of Use: By integrating DAO functionality directly into Telegram, DAOgram makes it incredibly easy for users to manage and participate in DAOs without needing specialized knowledge or additional tools.

• Increased Engagement:

  • Seamless Experience: The familiar interface of Telegram ensures a smooth user experience, encouraging more active participation and engagement in DAO activities.
  • Active Monitoring: The bot continuously monitors group changes and voting activities, ensuring efficient and dynamic governance.

• Broader Accessibility:

  • Low Barrier to Entry: Users can join and participate in DAOs with the same ease as joining a Telegram group, making decentralized governance accessible to a wider audience.
  • Large User Base: By leveraging Telegram's massive user base, DAOgram can significantly increase the reach and adoption of DAOs.

• Enhanced Security and Transparency:

  • On-Chain Transactions: All proposals and transactions are executed on the TON blockchain, ensuring transparency, security, and immutability.

• Boosting TON Blockchain Utility:

  • Increased Transaction Volume: With more DAOs and users conducting on-chain transactions, the TON blockchain sees higher activity and utility.
  • Ecosystem Growth: As more users adopt DAOgram, the overall ecosystem of the TON blockchain expands, attracting more projects and developers to the platform.
    

How does it work?

1) Adding the Bot:

• Add the bot to a Telegram group.
• The bot recognizes this action and creates a DAO entity and a wallet.

2) Monitoring Group Changes:

• The bot actively monitors changes in group membership (people joining and leaving).
• It adjusts the proportion needed to pass a proposal based on group membership.

3) Listening for Commands:

• The bot listens for commands within the group.
• When someone submits a proposal, the bot sends them a Direct Message (DM).

4) Proposal Submission:

• The DM directs the user to a Telegram mini-app.
• Within this mini-app, the user specifies the transaction details they want to propose using a frontend.

5) Proposal Announcement:

• Once confirmed, the bot posts in the group announcing the proposal.
• The bot monitors reactions (thumbs up) to this message.

6) Voting Process:

• Members vote by reacting with a thumbs up.
• To pass a proposal, it needs more than 51% of the votes from group members.

7) Executing the Proposal:

1. Once the proposal reaches the required votes, the bot executes the transaction on-chain, implementing the proposed action.

TON integration:

• On-Chain Execution: Once a proposal receives more than 51% of the votes from group members, the bot automatically executes the transaction on the TON blockchain.
• Wallet Integration: The bot creates multisigs on the TON blockchain for each DAO (group), facilitating seamless and secure transactions within the ecosystem.
• Smart Contracts: The bot interacts with smart contracts on the TON blockchain to implement the proposed actions, making the entire governance process decentralized and trustless.

Relevant links:

1. Git repo: https://github.com/blockful-io/telegram-bot 
2. Pitch deck (Also on "Attachments"): https://docs.google.com/presentation/d/1RfSgdlb0MZ2p08Ny3vPci6Vpiwr6F5mrDHs9jeZdTqE/edit?usp=sharing
3. Data model (Also on "Attachments"): https://drive.google.com/file/d/1emgHChMjIUcn167bmlmDddb7S4MdiHKv/view?usp=sharing