# AngelList in web3

**Published by:** [Fat Garage](https://paragraph.com/@fat-garage/)
**Published on:** 2022-01-21
**URL:** https://paragraph.com/@fat-garage/angellist-in-web3

## Content

Here is a topic that i wanna talk about: the possibility of buidling an AngelList in web3, and an ideal wish that everyone is an angel investor. Let's start from some basic questionsWhatIn web2 ,AngelList started as an online introduction board for tech startups that needed seed funding. Since 2015, it allows startups to raise money from angel investors free of charge. Founded by [[Naval]]for VCs to get deal flows 2) for startups to seek early investment (from VCs)in short it's a platform for match-making——ideas and those who can accelerate it. Since we see the narratives change in web3, what kind of AngelList do we need here? Here are several things i ve noticed as the narrative changesbunch of ideas pumping every day, many of them fork from original classic ones, or at least get inspired by one another. The point is there are certain relationship between projects (which is definly not a bad thing). Like my fav ones—— Loot and DopeWar, Uniswap and Sushiswap——the latter forked the former but develop vivid storylines.A project is beyond a startup/company, it's a community from the beginningthe door for those who can accelerate it seems widely open, ''VCs are the only beneficiary'' is not here to stay in web3 (Ironically some DAO projects say NO THANK YOU to VC.). Those who wants to really contribute are various in background, coders,designers,marketers,content creators or pure speculators. But in common they are all liquid Hodlers.WhySo let's get back to web2 purpose: 1) for VCs to get deal flows 2) for startups to seek early investment (from VCs), Comparably the web3 AngelList will serve for the purposes:for any angel investor/contributor to get deal flowfor DAO community to seek contributors/supporters (not limit to money support but all kinds of contributions), and hopefully those contributions are in a measurable manner.for classify and curate the web3 ''ancestry graph'' (* according to Darwin's [[On the origin of species]])HowFor the above three main purposes, we need a place toList angel deals/communitiesa system to display individual's contribution—— onchain behavior and curation. * Enable individuals create their own contribution board * Enable projects to easily see and measure contribution (should be okie if most are onchain data)a decent classification design (i dont know that exactly it looks like but classification is the very important part here to enable relationship tracking) An ideal prototype in my head is - Dashboard-like - Onchain behavior and curation moleculesA step further about the prototype,key words: dashboard, molecules, contribution, classificationdashboardFirst of all I think it should look like a “dashboard" with different modules embedded in it. Dashboard can be categorized intocommunity/project board, showing basic informationpersonal board, angel investor's (aka token holder) contribution boardMoleculesmolecules are identifiers for on-chain and curation behaviour（a new type of “asset“）.community/project board!图片 Functionality: Just like web2's AngelList, it shows basic information about a project: project description, development path, core team members, various social media links, token/NFT matrix or thumbnail, and null parts you can self-customize.personal board!图片 Function: To showcase individual contributions. and enrich community/project board content, so it's more like Sub-board As an example, say I want to make a dashboard for #doodlesI bought Doodles NFT and there is a field that shows HodlerProof: token ID; contract addressI wrote the article for Doodles and published it on mirrorProof: Arwave Tx; ethereum address; content digestI participated in the poll above #[[snapshot]]/#[[tally]]Proof: IPFS CIDI made a #[[Dune]] Analytic board forYou can put thumbnails and linksand more...Contributionthe Proof part of 👆 aboveClassification--###Not clear yet, just thought feature of great importancebe able to jump between moleculesuncover some affiliation (e.g.present the relationship between projects, e.g. DopeWar a fork of Lootpresent relationships between people, e.g. the initiator of a project is also a core contributor to another projectEach angel investor can come to dashboard to see the aggregated information of the different web3 projects/communities, without initially being overwhelmed between Twitter, disCOrd, telegram, website, notion...massive infosea At the same time you can see some connections: The dynamic growth between the project/community boards and the individual boards,which reflects the power of the community around a project, rather than just the fomo fog full of white-lists.

## Publication Information

- [Fat Garage](https://paragraph.com/@fat-garage/): Publication homepage
- [All Posts](https://paragraph.com/@fat-garage/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@fat-garage): Subscribe to updates