2020 presidential candidate and cryptomaxi Andrew Yang is merging crypto and politics in a new DAO. This week, he founded GoldenDAO, a decentralized autonomous organization (DAO) that deals with Asian American and Pacific Islander community issues.
GoldenDAO’s mission is to “collectively advance AAPI solidarity and empowerment through real-world events and gatherings, and web3 infrastructure and initiatives.” As part of the plan, the strategy includes fighting social injustice and hate crimes, redefining Asian culture and art, and destigmatizing Asian mental health issues. The site launched on the same day as the first anniversary of the Atlanta spa shooting that killed eight people, including six Asian Americans.
Membership in GoldenDAO is available through the purchase of an NFT, with the public launch set for Mar. 31. A total of 2,000 NFTs are available for purchase from the public mint, with prices ranging from 1.28 $ETH.X (or $3,600) to 0.88 $ETH.X (or $3,350). Those who own the NFT will be able to attend GoldenDAO in-person meetups at NFT events in Los Angeles, New York, and Miami this year.
This is not Yang’s first time betting on DAOs. Previously, he founded Lobby3, an advocacy group advocating web3 policies in Washington, D.C. The latest announcement highlights DAO’s different use cases as well as how the use of DAOs can be applied in workplaces, social clubs, and restaurants.