# Create a Venture DAO

#### **Choose to Create a Venture DAO**

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2FwvfviEeyMpZGdpVn6SnY%2FScreen%20Shot%202023-02-07%20at%203.22.57%20PM.png?alt=media&#x26;token=b9465a6b-f9b2-425f-a499-7e76f630d226" alt=""><figcaption></figcaption></figure>

#### **Set basic information such as DAO name Basic Info**

Enter the following required info, and click **\[Next]** or the left navigation to fill in the next step;&#x20;

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2FVhC2PZ3yuMDGSeQM8UYz%2FScreen%20Shot%202023-02-07%20at%203.23.28%20PM.png?alt=media&#x26;token=a4787c14-c63f-4984-bef2-8d6268fd9183" alt=""><figcaption></figcaption></figure>

**Set managers and dividend ratios and other information**

Add Manager Page: Enter the following required info, click **\[Next]** or the left navigation to fill in the next step.

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2FXnnWGVp6uNpGCG7mqLVy%2FScreen%20Shot%202023-02-07%20at%203.27.09%20PM.png?alt=media&#x26;token=029d636c-a7a8-464c-ac73-6b7bdf7e9232" alt=""><figcaption></figcaption></figure>

{% hint style="warning" %}
*The dividend ratio of multiple Managers should add up to 100%;*
{% endhint %}

**Set the name of the equity token, fundraising period, etc.**&#x20;

Enter the required form below. The DAO can either be issued as an ERC20 or NFT token. DAO can be publicly funded or whitelisted, allowing only some people to fundraise.&#x20;

**ERC Token**

Set up basic information about your fundraising, price could be set as a fixed price or as a bonding curve.&#x20;

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2FEGjRjGoqMovDJL021OAr%2FScreen%20Shot%202023-02-07%20at%203.29.37%20PM.png?alt=media&#x26;token=c027278c-f36b-4ae8-9d87-b809fb145d72" alt=""><figcaption></figcaption></figure>

Circulation of the DAO could be either negotiable or non-negotiable.  DAO tokens can either be released in a **One-time release**, **Linear release,** or **Staged** **release.**

One-time Release: One-time unlock on the date set up&#x20;

Linear Release: Set up a release start date and choose the vesting period, there are three types available, 30 days, 180 days, and 360 days.&#x20;

Staged Release: Set up the exact vesting date and release ratio&#x20;

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2FwwHfFMyTDfqcQ1ytjynz%2FScreen%20Shot%202023-02-07%20at%203.39.29%20PM.png?alt=media&#x26;token=1572e5e5-53ad-4176-91ed-92bf3b811d5b" alt=""><figcaption></figcaption></figure>

Choose a deposit date, remember deposit date MUST be before the release date.

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2Fo8Smh0hmRw1QE6lL0eRg%2FScreen%20Shot%202023-02-07%20at%203.45.25%20PM.png?alt=media&#x26;token=44e809ab-0b86-403f-8829-25bf414ce0bf" alt=""><figcaption></figcaption></figure>

**NFT Token**

Set up basic information about your NFT, price could be set as a fixed price or as a bonding curve, and custom properties could also be added.&#x20;

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2FQ93YCrKoppQCBP6Qsp3t%2FScreen%20Shot%202023-02-07%20at%203.52.46%20PM.png?alt=media&#x26;token=9332f05f-b3d3-4171-affc-998e012644e0" alt=""><figcaption></figcaption></figure>

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2F0OyExauxPGEkX3eUKrMV%2FScreen%20Shot%202023-02-07%20at%203.50.57%20PM.png?alt=media&#x26;token=83d9d0cb-2830-4680-9471-a3f323deb268" alt=""><figcaption></figcaption></figure>

Note: Add white list function is available to add participation resection to your Venture DAO

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2Fb8DAHjwxSZCSDcKaVgSh%2FScreen%20Shot%202023-02-07%20at%203.58.00%20PM.png?alt=media&#x26;token=fed8dcd3-5537-4d54-811a-7202eb5f04d0" alt=""><figcaption></figcaption></figure>

**Submit**&#x20;

Preview DAO information, and submit after confirmation.

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2Fghs5AfOgT35wBGrUpwLJ%2FScreen%20Shot%202023-02-07%20at%204.04.46%20PM.png?alt=media&#x26;token=a02bbff1-ca18-41fc-9ed3-92e47a5f11bd" alt=""><figcaption></figcaption></figure>

#### Successfully Created

It will take a few minutes as the system deploy the smart contract, once it is success the screen will shown as suceed.&#x20;

<figure><img src="https://924532247-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6Z9ptx9nH3h1sofEqyWW%2Fuploads%2FBOxnUxQuQvwdrfE8Xc3n%2FScreen%20Shot%202023-02-07%20at%204.05.56%20PM.png?alt=media&#x26;token=e24c3fdc-18e9-4b74-8451-1a8fe4a1439e" alt=""><figcaption></figcaption></figure>
