# My First DAO

Step-by-step instructions for creating a simple DAO model.

XDAO is your gate to decentralized finance. Why? Because it has everything you need to manage/govern/create/build together!

This is the easiest DAO concept that can be implemented by anyone. This example is a short summary of everything that can be done with a DAO on XDAO so far.

#### Step 1

Create a DAO for 2 people. Add your and your friends public addresses. Give 1 GTs to each address. Set up a quorum to 51%. Now all decisions can be made only if you all will participate in voting. 

🔷 [See how to create a DAO](/guides-for-gt/create-a-dao.md).

#### Step 2 

Create LP token. 

🔷 [See how to create LP token](/guides-for-gt/dao-page/manage/investment-activity-management/create-lp-token.md).

#### Step 3

Create a private offer for you and your friend. Set up LP token price to $1,000.00 for each member.

🔷[ See how to create private offer](/guides-for-gt/dao-page/manage/investment-activity-management/create-private-offer.md).

#### Step 4

Go to invest page and buy your LP token. After purchase the offers will be deactivated. And your DAO will obtain $2,000.00 in total. Now you and your friend are not only DAO members, but a DAO investors! Both have 50% of total DAO share.

🔷 [See how to buy LP](/users-guide/private-offer.md).

#### Step 5

Use the "Connect" and make your first purchases on DEX / NFT marketplaces or use pharming – invest from DAO and vote.

🔷 [See how to use XDAO Connect](/guides-for-gt/dao-page/manage/advanced/connect.md).

<mark style="color:green;">**Congratulations, you are the coolest DAO user!😎**</mark>

{% hint style="success" %}
**Join XDAO club:**

📲 **TG Global**: [**https://t.me/xdao\_eng**](https://t.me/xdao_eng)

📲 **TG Announcement**: [**https://t.me/xdaoapp**](https://t.me/xdaoapp)

📲 **Twitter**: [**https://twitter.com/xdaoapp** ](<https://twitter.com/xdaoapp >)

📲 **YouTube**: [**https://www.youtube.com/c/xdaoapp**](< https://www.youtube.com/c/xdaoapp>)

📲 **Medium**: [**https://blog.xdao.app/**](https://blog.xdao.app/)

📲 **GitHub**:[ **https://github.com/XDAO-App**](< https://github.com/XDAO-App>)

📲 **Instagram**:[ **https://www.instagram.com/xdaoapp**](< https://www.instagram.com/xdaoapp>)

**📲 Discord**: [**https://discord.gg/xdaoapp**](https://discord.gg/xdaoapp)
{% endhint %}


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