How Vanta DAO Makes Members ‘Owner-Operators’

Investment syndicate Vanta DAO is transferring ownership of a multi-million dollar business to DAO members, who will become “owner-operators” in the process.

“Once the organization returns to the NFT holders, we can move forward with the mindset of an owner, find new deals, and try to become owner-operators (of our own),” Vanta DAO member Jax Dwyer said on Rug Radio’s FOMO Hour show.

Originally a private investment syndicate founded in 2021 by Josh Field and Mike Grantis, Vanta is focused on raising seed-stage investments in crypto and AI. The Vanta DAO recently launched a collection of NFTs that grants access to the syndicate and control over its future. The founders believe that handing control of Vanta over to its members will allow it to scale at a faster rate than if they retained ownership themselves.

To become a VantaDAO member, users can purchase Vanta NFTs from a secondary NFT marketplace like OpenSea. They then join the Vanta Discord to verify their ownership. Once verified, DAO members can apply for specific roles within the DAO or simply sit back and access transaction flows provided by other DAO members. There are multiple chats that members can participate in. There is also a chat focused on meme coins for those with a high risk tolerance.

Beyond deal flow, Vanta researchers will produce in-depth reports on every investment that goes through the DAO. “They’ll provide a quick summary and a more in-depth PowerPoint that you can use to look at specific deals,” Jax told FOMO Hour.

There are a number of roles that people who want to contribute can take on. Jax said people who are “in the trenches” talking to founders and constantly researching and discovering new projects can make deals happen. “If those deals actually happen, you get a cut of the revenue.”

As Banta becomes more decentralized, Jax said it will become more reliant on its members. “I’m a big believer in decentralization,” he said. “Think about it, if Josh and Mike are the sole owners, they end up being a bottleneck for the organization itself.”

To avoid these bottlenecks and support Vanta’s decentralized future growth, the founders will be replaced by a council of “elite members” who will continually attract transactions, Jax said, “people who are constantly trying to evolve the DAO.”

Vanta has provided various opportunities to its members in the past, including early stage investments in Portal, HyperCycle, Tars Protocol, Nakamoto Games, Andromeda, and more.

“One of the best things about Vanta is that they actually give back to the community,” Jax said. “They have a $1 million-plus business and they say, ‘Hey, we’re going to turn that into a DAO and actually give back to the NFT holders.’”

For more information, visit Vanta DAO. Website, Open Sea or Twitter.