Create NFT DAO

1. 

Connect wallet & select chain

2. 

Token

The same as collection name in OpenSea, e.g. Nouns.
e.g. LOOT.
A link to an IPFS folder with all the token descriptors and project descriptor. E.g. ipfs://bafybeif4s7oom2ch6iv42yn7la4b3dnkud2dgujmnhuxuswekx4l6yz4me/

If you don't yet have art on IPFS, you can leave this empty and your NFTs will have a placeholder image.
A URL to a JSON file describing storefront-level metadata for your token. See more details on https://docs.opensea.io/docs/contract-level-metadata
For every resell transaction, what percentage of the transaction value should be paid as royalties, in adherence to EIP-2981. Rarible honors this new standard, while OpenSea doesn't (we believe it will at some point). You may configure royalties on OpenSea in their collection editor UI.
Minting revenue is configured in the section below. This is only about where resell royalties should go. By default resell royalties are directed to the DAO. If you'd like another address to received royalties choose to override and add the recipient's address.

3. 

Minter

The maximum number of tokens that can be minted, including tokens minted by the creator and the project's users.
The price your users will need to pay in ETH in order to mint a token.
How to split the ETH revenue pie? Enter how much you'd like to receive in percents, and the rest will go to the DAO treasury.
Which address will be able to receive the creator shares. By default this is your currently connected address.
Each block is roughly 13 seconds. 24 hours is roughly 6646 blocks. Remember the final number should be the latest block plus the delay you want to add.
In sequence means a buyer's only input is how many tokens to mint. By token ID, means buyers will mint one-at-a-time, and get to choose a specific token ID to mint.
This is meant to add some friction against those who would want to mint many tokens at once. This friction is helpful in ensuring a more diverse set of token owners.

3.1. 

Buyer Filtering

Use this if you want to only allow certain NFT holders to mint your token.
To find the NFT contract address, find it on rarible.com, and copy the address just below the collection name.

4. 

Governor

e.g. Awesome DAO
How many tokens must someone own before they can submit a proposal to the DAO?
The time between proposal submission and when voting starts. This is important time for DAO members to make sense of proposals and form an opinion.
The time between proposal when voting starts and ends. This is important time for DAO members to make sense of proposals and form an opinion. We've set the lower bound to 45 blocks (~10 minutes) to give DAO members some minimal time to submit votes before the vote is defeated due to insufficient voting.
The minimal percentage of DAO votes that is required for a proposal to succeed.
The delay between a proposal's success and when its transactions can be executed.