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Utopia LabsUtopia: The Future of Coordination
Announcing our $23M Series A led by ParadigmAs the name suggests, Utopia Labs embodies the pursuit of the ideal. We’re leveraging technology to achieve better collaboration in the Web3 economy, where DAOs hold the potential to break down geographic and digital barriers and usher in a new era of decentralized coordination. Since we launched Utopia last year, we’ve partnered and built alongside leading crypto-native organizations including OlympusDAO, Lido, Friends with Benefits, Yield Guild Ga...
Utopia LabsWhy should organizations run on the blockchain?
As transaction costs go to near zero and coordination costs continue to increase, organizations that originate ten years from now will run on blockchains as their primary way of transferring value. There are two fundamental reasons why I believe this:1. Blockchains are the most efficient method of transferring value.Organizations that operate on the blockchain run faster and cheaper than traditional financial rails. This is because, unlike conventional financial operations, working off the bl...
Utopia LabsIntroducing Off Ramps
Welcome to a wider UtopiaUtopia has consistently prioritized streamlining payments and optimizing workflows for crypto organizations. However, our vision extends further as we recognize the potential of our tools to address the challenges faced by individual EOA wallet users in the broader market. We believe in enabling more people in the crypto space to seamlessly integrate with traditional payment systems, bringing the value of blockchain technology into their everyday work and life. At the...
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Utopia LabsUtopia: The Future of Coordination
Announcing our $23M Series A led by ParadigmAs the name suggests, Utopia Labs embodies the pursuit of the ideal. We’re leveraging technology to achieve better collaboration in the Web3 economy, where DAOs hold the potential to break down geographic and digital barriers and usher in a new era of decentralized coordination. Since we launched Utopia last year, we’ve partnered and built alongside leading crypto-native organizations including OlympusDAO, Lido, Friends with Benefits, Yield Guild Ga...
Utopia LabsWhy should organizations run on the blockchain?
As transaction costs go to near zero and coordination costs continue to increase, organizations that originate ten years from now will run on blockchains as their primary way of transferring value. There are two fundamental reasons why I believe this:1. Blockchains are the most efficient method of transferring value.Organizations that operate on the blockchain run faster and cheaper than traditional financial rails. This is because, unlike conventional financial operations, working off the bl...
Utopia LabsIntroducing Off Ramps
Welcome to a wider UtopiaUtopia has consistently prioritized streamlining payments and optimizing workflows for crypto organizations. However, our vision extends further as we recognize the potential of our tools to address the challenges faced by individual EOA wallet users in the broader market. We believe in enabling more people in the crypto space to seamlessly integrate with traditional payment systems, bringing the value of blockchain technology into their everyday work and life. At the...
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GCR is a research and investment DAO focused on Web3. They were most recently featured on Coindesk here: https://www.coindesk.com/business/2022/01/06/will-daos-replace-crypto-venture-capital/
Payment Requests
Global Coin Research previously didn’t have a central repository for expenses - contributors were emailing their receipts to a general email account.
GCR also tried to use Expensify - both alternatives turned out to be un-friendly to crypto transactions and Web3 organizations.
Additionally, GCR didn’t know how to manage part time members, and there wasn’t really a good approach to tracking their contributions and compensation mechanisms.
GCR uses the payment requests features on a weekly basis to manage their expenses and part time contributors - reducing several friction points and logistic setup costs for GCR.
Try out our payment requests feature below 👇
https://app.utopialabs.com/request/payment?daoId=617352c749a05795d345d54e
For all payments, Utopia has made it so so easy! You just share a shareable link with contributors and anyone can onboard themselves. None of our contributors has had issues thus far.
Additionally, the team support has been one of the best. This is especially when we are early in the DAO tooling space and need alot of handholding and guidance on new crypto-native products. It’s rewarding to think that we are collaborating together to build the best tools in Web3. Joyce Yang, GCR
Because Utopias infrastructure serves as the connective layer across GCR’s payment operations, GCR reduces several overhead costs associated with expense + part time contributor payment management.
With this partnership, GCR joins several DAO's using Utopia today to scale and adapt their contributor payments, accounting, and reporting. Utopia now counts several DAO's in their respective verticals (NFT's, Investing, Media, DeFi) as prospective design partners + clients.
We’re super excited to be collaborating with Utopia in building the best tools in the space.
Don’t hesitate to ask us about our experience, and learn more about us at gcr.community. Joyce Yang, GCR
The Gates are Open on Jan 31st, 2021 - if you’d like to access Utopia before then - book a demo by clicking here.
GCR is a research and investment DAO focused on Web3. They were most recently featured on Coindesk here: https://www.coindesk.com/business/2022/01/06/will-daos-replace-crypto-venture-capital/
Payment Requests
Global Coin Research previously didn’t have a central repository for expenses - contributors were emailing their receipts to a general email account.
GCR also tried to use Expensify - both alternatives turned out to be un-friendly to crypto transactions and Web3 organizations.
Additionally, GCR didn’t know how to manage part time members, and there wasn’t really a good approach to tracking their contributions and compensation mechanisms.
GCR uses the payment requests features on a weekly basis to manage their expenses and part time contributors - reducing several friction points and logistic setup costs for GCR.
Try out our payment requests feature below 👇
https://app.utopialabs.com/request/payment?daoId=617352c749a05795d345d54e
For all payments, Utopia has made it so so easy! You just share a shareable link with contributors and anyone can onboard themselves. None of our contributors has had issues thus far.
Additionally, the team support has been one of the best. This is especially when we are early in the DAO tooling space and need alot of handholding and guidance on new crypto-native products. It’s rewarding to think that we are collaborating together to build the best tools in Web3. Joyce Yang, GCR
Because Utopias infrastructure serves as the connective layer across GCR’s payment operations, GCR reduces several overhead costs associated with expense + part time contributor payment management.
With this partnership, GCR joins several DAO's using Utopia today to scale and adapt their contributor payments, accounting, and reporting. Utopia now counts several DAO's in their respective verticals (NFT's, Investing, Media, DeFi) as prospective design partners + clients.
We’re super excited to be collaborating with Utopia in building the best tools in the space.
Don’t hesitate to ask us about our experience, and learn more about us at gcr.community. Joyce Yang, GCR
The Gates are Open on Jan 31st, 2021 - if you’d like to access Utopia before then - book a demo by clicking here.
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