Welcome to the #09 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
Why DAO? by Teju.eth
Coordination requires an entity that the community trust to manage its resources (time, capital, etc)
DAO types that have 🚀 include Venture DAOs, Independent Media Organizations, User-owned and Product-Building DAOs.
Great call to action on getting involved in the web3 community 👇
Complete Rabbithole.gg quests
DAOs: Absorbing the Internet
DAOs are a new way of coordinating
DAOs are specialized in their mission
DAOs have capital that they are looking to allocate to furthering their mission
DAOs have alot left to figure out (legal, compensation, etc)
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
How to DAO 301: Contributor Rewards by @rafa
Steps to getting contributor rewards right 👇
Reward Principles: What’s the north star?
Reward Eligibility: Who should we reward?
Reward Structure: What should we reward, under what terms?
Reward Amount: How much should we reward?
Reward Consensus: How do we agree on the reward?
📺 Video of the Week
The (R)evolution of Social Media in Web3-Sani Kuluchov
Users of web2 social media platforms create content and data that the platform sells. Content and reputation can not be brought to another platform
Web3 social platforms will have social graphs that can be transferred from each platform. This allows users to choose what they want in a platform (more privacy, more personalization, etc).
If we own our content and audience we can monazite and collect social content is ways that are not possible in web2.
🎧 Podcast of the Week
Chris Dixon and Naval Ravikant — The Wonders of Web3, How to Pick the Right Hill to Climb, Finding the Right Amount of Crypto Regulation, Friends with Benefits, and the Untapped Potential of NFTs (#542)
Web2 users currently create the content on web2 platforms while those platforms sell their data; in return, they get clout and likes.
The most interested web3 companies will not be recreations of web2 companies but models that can only exist on web3.
Regulation has already started to make web3 builders move to be anonymous or leave the US.
🐦 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! 🙏 This week @ricburton who has been helping fund trips to Lisbon and NYC for ambitious web3 builders!
Check out the Humans of Web3 Twitter and Instagram!
📅 Upcoming DAO events
Oct. 31st-Nov. 6th (IRL, NYC): Ape Fest
Oct. 31-Nov. 4 (IRL, NYC): NFT POAP Treasure Hunt
May 17-19th (IRL, Palm Beach): Permissionless
If you’re finding this newsletter valuable, consider sharing it with friends, or subscribing if you haven’t already.
Have ideas, feedback, or just want to connect with the creators of The DAOly Post?