Rohit MalekarBlockchain for Public Goods - A Prequel to the Book Greenpilled
IntroductionI wrote this article an attempt for a prequel to the book Greenpilled. The book by Kevin Owocki is “designed to teach the ethos & game theoretic concepts behind regenerative cryptoeconomics to the next generation of dreamers, builders, and internet citizens”. If you are new to Web3 and Crypto, I hope this article serves as a stepping stone to then deep dive into the vision Greenpilled has to offer to sustain and thrive our public goods.What is broken?Our public goods are withering...
Rohit MalekarThe Power of "Politics of Artifacts" for Public Goods in Web3
Prof. Winner's 1980 paper "Do artifacts have politics?" asserts that tech artifacts are not neutral but reinforce certain values, interests, and power relations in society. The paper outlines several examples to drive the point home.Tech is not neutralBridges over parkways on Long Island were once constructed with low clearance to intentionally prevent racial minorities and low-income groups who used public transport from accessing parkways for recreation and commuting. Many grotesque co...
Rohit MalekarCurve Bonded Crowdfunding with Impact DAOs
NEED: What is the problem to be solved?Transforming siloed strengths into repeatable success for Impact DAOsContext:Impact DAOs are communities with positive externalities rooted in collective action for a shared cause³. They amplify their impact by stacking on each other and derive compounding effects from the mutual collaboration to build a regenerative economy.Challenge:While no two Impact DAOs are the same, their shared DNA leads to similar organizational challenges such as:finding value-...
Building a digital studio. Learning public goods. Trusted Seed member at Commons Stack.
Rohit MalekarBlockchain for Public Goods - A Prequel to the Book Greenpilled
IntroductionI wrote this article an attempt for a prequel to the book Greenpilled. The book by Kevin Owocki is “designed to teach the ethos & game theoretic concepts behind regenerative cryptoeconomics to the next generation of dreamers, builders, and internet citizens”. If you are new to Web3 and Crypto, I hope this article serves as a stepping stone to then deep dive into the vision Greenpilled has to offer to sustain and thrive our public goods.What is broken?Our public goods are withering...
Rohit MalekarThe Power of "Politics of Artifacts" for Public Goods in Web3
Prof. Winner's 1980 paper "Do artifacts have politics?" asserts that tech artifacts are not neutral but reinforce certain values, interests, and power relations in society. The paper outlines several examples to drive the point home.Tech is not neutralBridges over parkways on Long Island were once constructed with low clearance to intentionally prevent racial minorities and low-income groups who used public transport from accessing parkways for recreation and commuting. Many grotesque co...
Rohit MalekarCurve Bonded Crowdfunding with Impact DAOs
NEED: What is the problem to be solved?Transforming siloed strengths into repeatable success for Impact DAOsContext:Impact DAOs are communities with positive externalities rooted in collective action for a shared cause³. They amplify their impact by stacking on each other and derive compounding effects from the mutual collaboration to build a regenerative economy.Challenge:While no two Impact DAOs are the same, their shared DNA leads to similar organizational challenges such as:finding value-...
Building a digital studio. Learning public goods. Trusted Seed member at Commons Stack.
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The following proposal won the most votes in the Open Community Track as part of the Codeless Conduct Hackathon in February 2022.
Problem Statement: Propose a strategy on how would you transition Codeless Conduct into a DAO
Provide a platform to learn, build, and contribute towards creating a sustainable and equitable Web3 ecosystem by lowering the barriers to entry for practitioners skilled in topics beyond technology.
For the decentralized world of the future, we will foster talent who will drive conversations on how Web3 should evolve to play a meaningful role in our lives before the technology morphing to do its own thing. The platform will incentivize those in the trenches today solving the challenges across community, governance, policy, and adoption to mentor the next generation of tinkerers, builders, and nurturers in the Web3 of tomorrow.
Solidarity Before Scale: Establish and align on the higher purpose for building a diverse Web3 ecosystem and codify the enabling behaviors that will bond the community before adopting decentralized tools and technology for scale
Governance Before Growth: The glove that provides the most warmth isn't the most expensive one, it is the one that fits you the best. Commit to tailored choices for nimble governance model in the context of the culture and needs of the community (Web3 aspirants, contributors, coaches, and sponsors)
Stewardship is the Soul: Establish strong stewardship practices to serve as the guiding light for workgroups to make progress cohesively to avoid the baggage in centralized orgs - blind spots, tunnel vision, unresolved conflicts, false starts, etc.
Tokens Alone Don't Build Communities: Tokens have the potential to capture and build a previously impossible economy around the many intangible aspects of value for nurturing the builders in Web3. However, without a sense of belonging rooted in a shared value-driven purpose, the spikes in token values are often short-lived.
Community Experience is the new CX: Kotler's five A's of the customer path (Awareness, Appeal, Ask, Act, and Advocacy) also port over well in the context of the community experience for Web3 aspirants. Onboarding challenges are only the tip of the iceberg.
The Future is Likely Hybrid: Few use cases in decentralization will have the luxury to completely isolate and thrive without bridges to the legacy world. Establish avenues for the decentralized community of Web3 aspirants to co-exist with thoughtfully carved interdependencies with the world of today.
Law of the Land: One of the important bridges to the legacy world is the DAO's ability to be recognized as intended in the court of law. While regulations catch up, explore choices like tethering to existing legal structures or saving for a rainy day.
The strategy outlined below advocates an approach to:
First, succeed as a collective: Transition the periodic engagement in the form of the hackathon competition into a continuous learning experience for Web3 aspirants enabled by a collective
Then, scale as a DAO: Transform the collective into a DAO over time to take advantage of transparent operations, autonomous governance, and self-sustaining liquidity enabled by crypto-native primitives
Funds raised from sponsors form the budget for community stewards to manage between priorities for learning experiences and conducting hackathons
The learning budget is intended to incentivize makers and community builders in the Web3 ecosystem to codify and share their learnings
Web3 aspirants, based on their proof of participation in the community (reputation system that tracks their involvement) vote on the proposals submitted by the coaches to offer them grant to create these learning experiences (async content, live workshops, cohort based courses, etc.)
Stewards utilize hackathon budget from the funding pool to complement the learning experience with hands-on problem solving
The outcome of the hackathon is expected to benefit from the compounding efforts from the learning experience, providing a better return for sponsors for their investment in terms of quality of solutions and potential candidate pipeline for hiring.
Introduce a self-sustaining funding mechanism using augmented bonding curve for raising reserve and funding capital from a curated list of members in lieu of tokens for ownership and control
Over time, introduce investor tokens to raise subsequent funding in lieu of ownership only (i.e. no governance rights for investors)
Stewards provide oversight for the use of the funding pool for learning experiences and hackathons, with a key difference being the use of on-chain governance and voting mechanism to distribute grants to winning proposals for the learning experiences
The hackathon priorities are now decoupled from specific sponsors, unlike in the prior phase as a collective. The liquidity from crowdfunding provides the flexibility for the DAO to utilize hackathons for problems that will make the most impact on the aspirants.
Explore ways to monetize outcomes from the hackathon enabling Web3 aspirants to self-assess the demand for their work and skill.
For Codeless Conduct to be a sustainable DAO, it is important to solve the trifecta of:
a sustainable community of Web3 aspirants and coaches invested beyond economics
a harmonious blend of org design and decentralized tech to transparently fund and spend on consensus-driven priorities
a regenerative micro-economy without compromising the ethical design choices to attain self-sustaining liquidity
(Cover image by Polina Zimmerman from Pexels)
The following proposal won the most votes in the Open Community Track as part of the Codeless Conduct Hackathon in February 2022.
Problem Statement: Propose a strategy on how would you transition Codeless Conduct into a DAO
Provide a platform to learn, build, and contribute towards creating a sustainable and equitable Web3 ecosystem by lowering the barriers to entry for practitioners skilled in topics beyond technology.
For the decentralized world of the future, we will foster talent who will drive conversations on how Web3 should evolve to play a meaningful role in our lives before the technology morphing to do its own thing. The platform will incentivize those in the trenches today solving the challenges across community, governance, policy, and adoption to mentor the next generation of tinkerers, builders, and nurturers in the Web3 of tomorrow.
Solidarity Before Scale: Establish and align on the higher purpose for building a diverse Web3 ecosystem and codify the enabling behaviors that will bond the community before adopting decentralized tools and technology for scale
Governance Before Growth: The glove that provides the most warmth isn't the most expensive one, it is the one that fits you the best. Commit to tailored choices for nimble governance model in the context of the culture and needs of the community (Web3 aspirants, contributors, coaches, and sponsors)
Stewardship is the Soul: Establish strong stewardship practices to serve as the guiding light for workgroups to make progress cohesively to avoid the baggage in centralized orgs - blind spots, tunnel vision, unresolved conflicts, false starts, etc.
Tokens Alone Don't Build Communities: Tokens have the potential to capture and build a previously impossible economy around the many intangible aspects of value for nurturing the builders in Web3. However, without a sense of belonging rooted in a shared value-driven purpose, the spikes in token values are often short-lived.
Community Experience is the new CX: Kotler's five A's of the customer path (Awareness, Appeal, Ask, Act, and Advocacy) also port over well in the context of the community experience for Web3 aspirants. Onboarding challenges are only the tip of the iceberg.
The Future is Likely Hybrid: Few use cases in decentralization will have the luxury to completely isolate and thrive without bridges to the legacy world. Establish avenues for the decentralized community of Web3 aspirants to co-exist with thoughtfully carved interdependencies with the world of today.
Law of the Land: One of the important bridges to the legacy world is the DAO's ability to be recognized as intended in the court of law. While regulations catch up, explore choices like tethering to existing legal structures or saving for a rainy day.
The strategy outlined below advocates an approach to:
First, succeed as a collective: Transition the periodic engagement in the form of the hackathon competition into a continuous learning experience for Web3 aspirants enabled by a collective
Then, scale as a DAO: Transform the collective into a DAO over time to take advantage of transparent operations, autonomous governance, and self-sustaining liquidity enabled by crypto-native primitives
Funds raised from sponsors form the budget for community stewards to manage between priorities for learning experiences and conducting hackathons
The learning budget is intended to incentivize makers and community builders in the Web3 ecosystem to codify and share their learnings
Web3 aspirants, based on their proof of participation in the community (reputation system that tracks their involvement) vote on the proposals submitted by the coaches to offer them grant to create these learning experiences (async content, live workshops, cohort based courses, etc.)
Stewards utilize hackathon budget from the funding pool to complement the learning experience with hands-on problem solving
The outcome of the hackathon is expected to benefit from the compounding efforts from the learning experience, providing a better return for sponsors for their investment in terms of quality of solutions and potential candidate pipeline for hiring.
Introduce a self-sustaining funding mechanism using augmented bonding curve for raising reserve and funding capital from a curated list of members in lieu of tokens for ownership and control
Over time, introduce investor tokens to raise subsequent funding in lieu of ownership only (i.e. no governance rights for investors)
Stewards provide oversight for the use of the funding pool for learning experiences and hackathons, with a key difference being the use of on-chain governance and voting mechanism to distribute grants to winning proposals for the learning experiences
The hackathon priorities are now decoupled from specific sponsors, unlike in the prior phase as a collective. The liquidity from crowdfunding provides the flexibility for the DAO to utilize hackathons for problems that will make the most impact on the aspirants.
Explore ways to monetize outcomes from the hackathon enabling Web3 aspirants to self-assess the demand for their work and skill.
For Codeless Conduct to be a sustainable DAO, it is important to solve the trifecta of:
a sustainable community of Web3 aspirants and coaches invested beyond economics
a harmonious blend of org design and decentralized tech to transparently fund and spend on consensus-driven priorities
a regenerative micro-economy without compromising the ethical design choices to attain self-sustaining liquidity
(Cover image by Polina Zimmerman from Pexels)
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