A short story by @youfoundron
where established web2 communities can easily become web3 DAO's for fun (and profit).
All made possible by a suite of DAO tooling products from EQTY Labs.
Some of which may include:
- 🤹 RINGLEADER, the extensible tokenized membership system
- 💧 DRIPDROP, the world's first social-media integrated airdrop utility
- 🥷 STEALTHSIGNER, the finest for-benefit-of wallet management platform
- 🪪 DIDTHEYDOTHAT, the all-in-one decentralized-identity tracker and DAO analytics engine
Let's take a trip to this remarkable land.
You decide to check up on your favorite Discord group "Shell Collectors Anonymous", or SCA.
All SCA members, save for a few admins, hold the default @everyone role on the Discord Server.
This role gives them access to the #general channel, where they talk about "shell stuff".
It begins:
Exciting news!
We're offering a premium a membership tier where you'll get hella perks.
We've decided to tokenize memberships on web3 to support this.
Technically this makes us a DAO now lol!
If you'd like to go premium you'll need a wallet on the Ethereum blockchain.
Wallet? Blockchain? You've heard about this nerd stuff before but it's always seemed so complicated.
Nevertheless you're interested in becoming a premium member.
Intrigued, you read on:
We'll be using EQTY Lab's 🤹 RINGLEADER to manage access to the
#premiumchannel on our Discord.
To gain access you'll need to prove that you own a wallet holding the "SCA Premium NFT".
We want to encourage our existing community to convert to tokenized membership.
Therefore, all members with post history in the last 30 days will receive the NFT for free!
Holy smokes! Free premium membership? 🏆
You may be willing to figure this whole web3 thing out after all.
The explanation continues:
Members who verify their wallet will be minted one "SCA Premium NFT" as a gift from the admins.
We'll be using EQTY Lab's 💧 DRIPDROP to administer this airdrop.
You're down to give it a shot, when suddenly...
Just as quickly, you're assured by the admins' screed:
Do not tweak if you have never used a wallet!
We will generate one for you using EQTY Lab's 🥷 STEALTHSIGNER should you so prefer.
You will still receive the NFT and your Discord account will continue to function as normal.
That's a relief you sigh, when suddenly a small orange fox leaps into memory...
You recall setting up a Metamask wallet last year; back when your friend was really into something called LUNA.
After looking around your house, you find your old seed phrase and import the wallet into a fresh Metamask install.
You return to the admins' message:
Lastly, we'll be using EQTY Lab's 🪪 DIDTHEYDOTHAT to gain valuable data points such as:
- The other web3 communities our members participate in
- The services our members use outside of web3
- The ways our members engage in DAO activities such as voting and proposal making
Our team will use this data to coordinate cross-community collabs and giveaways. 🎁
We can't wait to see you on the blockchain!
You're sold, it's time to get your ass to web3. 🍑
The rails have been built to bring your community into the future.
You're excited for the opportunities that becoming a DAO will bring for the members of SCA. 🐚🐚🐚
To them I say fie! Soon it can be science fact.
Here are the three most important steps I believe we must take today to secure this reality for tomorrow.
- Collectively identity the product concept with the lowest effort :: highest impact ratio. 🏋️
- Fully commit ourselves to building this single product with an embarrasingly small scope. 🌱
- Ship the earliest, ugliest, working version of this product to the admins of existing DAO's. 🚀
The world of web3 is moving extremely quickly, it can be frightening to feel like we're taking options off the table.
But the longer we fail to ship, the longer we operate on assumptions rather than validation from real DAO users.
By eliminating scope-creep and walking the shortest path to delivering value... over and over and over, we can move steadily and measurably towards delivering the complete DAO experience we so eagerly envision.