Welcome to the #08 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 of everything DAOs and how you can get involved in the communities building Web3.
📖 Reads of the week
Once Upon a Time in DAOlin; PleasrDAO's purchase of Wu-Tang Clan's album
PleasrDAO purchased an unreleased album from Wu-Tang Clan through an auction after it was reposed by the US Marshalls.
Pleasr wants to make the album "web3 native" through an NFT that can be owned by many.
The story got picked up by many major news outlets like WSJ, Rolling Stones and Bloomberg.
Great video of the purchase 👇
The next big unlock for DAOs by @frogmonkee
BanklessDAO has decentralized the flow of Capital by creating 13 guilds that have budgets.
Image 👇 how capital flows in most DAOs verse DAOs with groups that can allocate capital independently
State of the DAOs #1 | October 20 (more great Bankless Content!)
Steps to join a DAO 👇. The article goes into detail on each step!
Research the DAO ecosystem
Pick the DAO that best suits your goals
Start working
Building A “Community-First” Company by Morgan Beller at NFX
Community-first companies are becoming more common and may even be required. This trend is particularly prevalent in crypto, especially NFTs
Community-first companies allow for creative ownership & bi-directional relationships (contributing, collaborating, evangelizing, & benefiting) between both creators and consumers
Web2 was about “eyeballs” for advertisements, web3 is about participation
🎧 Podcast of the Week
Coordinape's development from Yearn hopes of allowing the community to vote on who is creating value in the community.
Currently, Coordinape focuses on retrospective compensation but looking to buy out bounties that can earn GIVE (Coordinape token that can be converted to a DAO token based on GIVE weighting)
On-chain reputations will allow DAOs to be able to see how many Cooridnape circles someone has been in, proving that they are a valuable contributor.
🐦 Tweet of the week
It’s kinda true 😏
🤸 Web3 Human of the week [NEWish]
The Humans of Web3 Team offered to let us feature their wonderful humans of the Web3 world! Thanks, Team! 🙏
Check out the Humans of Web3 Twitter and Instagram!
📅 Upcoming DAO events
Oct. 29 (IRL, LA): Spooky HalloNFT DAOween Party
Oct. 31st-Nov. 6th (IRL, NYC): Ape Fest
Oct. 31-Nov. 4 (IRL, NYC): NFT POAP Treasure Hunt
Nov. 1st-4th (IRL, NYC): NFT NYC
May 17-19th (IRL, Palm Beach): Permissionless
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