This section is designed to help you begin your journey with Builder DAO and the Nouns Builder ecosystem. Whether you're a new community member, a developer, or a community manager, you'll find clear instructions and guidance to help you get started confidently.

🧑‍💻 For New DAO Members

Setting Up a Wallet and Joining a DAO

To participate in a Builder DAO, you’ll need an Ethereum-compatible wallet such as MetaMask, Rainbow, or Coinbase Wallet.

Steps to set up:

1. Download and install your preferred wallet.
2. Create a new wallet and back up your seed phrase securely.
3. Connect your wallet to nouns.build.
4. Browse and join a DAO by participating in an auction or acquiring a governance token.

Introduction to Builder DAOs and Auctions

Each Builder DAO operates using a recurring token auction. This auction system replaces traditional token launches and distributes voting power transparently over time.

Key concepts:

• Token Auction: New DAO tokens are auctioned one at a time, usually every 24 hours.
• Auction Winner: The highest bidder receives the governance token.
• Treasury: Funds from auctions go to the DAO treasury to fund community initiatives.