Level-up Engineering
How to Start a DAO in the DeFi Space - Building 1inch Network
Interview with Sergej Kunz, Co-founder of 1inch Network. He shares valuable advice on how to start a DAO, and talks about his own experience creating such organization in the DeFi space.
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In this interview we're covering:
- DAO 101
- The story of 1inch Network
- Lessons from starting a DAO
- Participating in 1inch Network
- Communication within the network
Excerpt from the interview:
"We built our project over two nights, and we didn’t sleep at all. We went through the hackathon, and pitched our idea to everyone. Someone said that it was going to be the next big thing. A few days later, we recognized that people started using 1inch. They did swaps because they got better rates there than on other platforms.
It became famous because we solved a problem with it. When you build something that solves a problem, people will use it because it helps."