Welcome to the #01 edition of the DAOly Post newsletter 🎉
We have a mission to inform, entertain and empower anyone who wants to be involved in decentralized communities.
Join us each week for a breakdown on everything DAOs and how you can get involved in the communities building Web3.
📖 Reads of the Week
Crypto’s Consumer Era by @kinjal
TL;DR 👇
After DeFi trended, "the next 100M crypto users will be driven by consumer protocols, DAOs and applications."
The next wave of consumers will be via Crypto which allows new abilities of ownership and 24/7 open-access to any consumer on the globe.
5 highlight consumer categories in categories: Curation-as-a-Service, Social DAOs, Play-to-Earn Games, Digital Spaces & Showcases
The Metaverse Emerges by David Reads (📺 available too)
TL;DR 👇
Tokens manifest value created in the metaverse into the real world (if it doesn't have a bridge to layer 0 does it even exist)
ER20 tokens cannot associate identity but ERC 721s (NFTs) and ENS build an identity based on choice not physical or geographic features. @zhusu call is it "Mind-body dissociation"
Community DAOs by @patrickxrivera
TL;DR 👇
"In crypto land, 2020 was all about DeFi. So far, 2021 has been about NFTs... 2022 will be all about Community DAOs."
"Community DAOs = DeFi infrastructure + NFT business models + Creative Humans"
Today DAOs look like small cooperatives, tomorrow they will be bigger than present day business entities
DAOs are being built around everything: NFT collections, protocols, all permissionlessly
DAOs — Scaling Capital Coordination by Patrick Mayr
TL;DR 👇
Coordination of capital within DAOs introduces a lot of challenges we'll need to solve toward.
DAOs provide the best incentives for capital holders to work together in the best interest of the DAO.
Social Token Paradox by @gaby_goldberg
TL;DR 👇
There is a paradox in the present model of token-gated DAOs: tokenized communities are incentivized to uphold exclusivity.
We need to rethink the value of a token from the ground up to resolve this paradox.
TL;DR 👇
"NounsDAO is an NFT project that combines pseudorandom image generation with auctioning, community governance, and a novel rendering technique. Each NFT is called a Noun, and one Noun is minted every day, indefinitely."
DAO governance is based on holding the Noun NFT
"At time of writing, there is 2,074.0122 ETH (~$6.88m) in the treasury, and the project has been running for 15 days."
Growing A Tokenized Community by @albiverse
TL;DR 👇
All DAOs start as small groups, then Web3 components allow them to scale.
Attract → Recruit → Engage
📺 Media of the week
This is the Best Trade in Crypto Right Now on Bankless. The highlights 👇
DAO is building gates around communities
Communities are making ETH stronger by creating "centers of excellence" and "super nodes"
Communities within ETH create "pools of excellence" creating
🚀 Launch of the Week
pleasr launched $DOG fractionalizing the original Doge NFT (owned by pleasr) and creating a community around it with IRL events, products, etc. Learn more and watch Bankless interview
🐦 Tweet of the week
📅 Upcoming DAO events
Sept. 15-17th: MCON hosted by MetaCarel, SporkDAO, and RaidGuid
Sept. 19th: NYC $SOCKS party for those who own socks. Learn more about UniSocks
Sept. 22-Oct 13th: How to DAO course
October 22-24th: ethLisbon Hackathon
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