Scaling DAOs, dynamic NFTs, and how/why to get involved with BanyanDAO :: with Mike Anderson
In this episode of Ventures, my guest Mike Anderson (https://twitter.com/mikeyanderson) and I discuss the latest updates with BanyanDAO (https://www.BanyanDAO.xyz), scaling DAOs, and NFT strategies for product managers. We also talk about management and operations nuances in DAOs vs. traditional organizations, the Yuga Labs Otherdeeds drop last weekend, the phenomenon of dynamic NFTs that change based on interactions, and the steps you can take (and should take!) to get more involved with BanyanDAO.
Have you registered for this Friday's Web3 Training Day event yet? (Plus, a new podcast on evaluating NFT clubs, and a question about DAO tooling)
Will's Weekly Newsletter :: Apr 26, 2022
Evaluating NFT clubs: Incentives, promises, and roadmaps :: with Jesse Bryan (BAYC #1361)
In this episode of Ventures, my guest Jesse Bryan (https://twitter.com/JesseBryan) and I continue our conversation from episode 89 to discuss multiple aspects of NFTs and NFT clubs. We talk about the history of NFTs, the differences between Moonbirds, Crypto Punks and Bored Ape Yacht Club, the important nuances of intellectual property ownership and licensing, airdrops, community, “staking” of NFTs, cybersecurity, and thoroughly evaluating a team and their roadmap before deciding where to spend your time and money.
Web3 Product Management, BanyanDAO, and our April 29th Training Day Event for leveling up in Web3 :: with Mike Anderson
In this episode of Ventures, my guest Mike Anderson (https://twitter.com/mikeyanderson) and I talk about all-things BanyanDAO (https://www.BanyanDAO.xyz) and its upcoming April 29th Training Day event to teach Web3 product architecture, design, and management (https://www.banyandao.xyz/web3-product-manager-training-event). In this conversation we cover the history of BanyanDAO, how Mike has been helping to coordinate teams in a decentralized fashion within the organization, the difference between “Pre-season” and “Season 1”, the details of the upcoming event, and what outcomes/topics are most compelling to Mike as someone who is leveling up in Web3.
Decentralized Autonomous Organizations (DAOs): Voting, governance, and lessons from history :: with Dr. Alexandra Sims
In this episode of Ventures, my guest Dr. Alexandra Sims (https://www.linkedin.com/in/alex-sims-833a8123/) and I talk about various academic and practical operational nuances of Decentralized Autonomous Organizations (DAOs). Alex wrote her PhD thesis last year on DAOs (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3971228), and in this episode we talk about the various types of DAOs, jurisdiction issues, voting and governance mechanisms, and advice for new on-chain organizations forming today to learn lessons from previous DAOs and traditional decentralized organizations that existed long before blockchains.
Leadership via storytelling in DAOs and traditional organizations :: with Jesse Bryan
In this episode of Ventures, my guest Jesse Bryan (https://www.linkedin.com/in/jessebryan/) and I discuss the power of storytelling when leading an organization of people. This conversation dives into not only how a Decentralized Autonomous Organization (DAO) can reinforce vision and mission with story, but also how traditional corporations can (and should) conduct themselves when interacting with customers. We talk about how a Commodity + Story = Product, how to keep the main thing the main thing, how stories + status are the two pedals of moving an organization forward cohesively, and how/why to tell stories in conversational language as a business.
Three reasons why I'm excited about BanyanDAO's April 29, 2022 Training Day event for leveling-up into Web3 product management
BanyanDAO is a new Decentralized Autonomous Organization (DAO) devoted to promoting human flourishing by growing a community of entrepreneurial leaders. We are a group of 150+ people, most of whom have never met each other in real life (IRL), coming together to - initially - host a Training Day event on April 29, 2022 to help people level-up from Web2 into Web3 product architecture, design, and management.
Governance, legal, and incentive structures for Decentralized Autonomous Organizations (DAOs) :: with Angela Angelovska-Wilson and Mike Anderson
In this episode of Ventures, my guests Angela Angelovska-Wilson (https://www.linkedin.com/in/angela-angelovska-wilson-38600a1/), Mike Anderson (https://www.linkedin.com/in/mikeandersonjr/), and I discuss three major issues with DAOs: (1) operational governance structures, (2) legal and jurisdiction issues, and (3) various types of incentives for founders and participants in DAOs. For informational purposes only, we talk specifically about our experience launching BanyanDAO (https://www.banyandao.xyz/), how Angela advises DAOs from a legal perspective given her background and extensive professional experience in the space, and how DAOs design incentive models. More than just financial incentives (which are, of course, important), DAOs should clearly communicate with their communities about the unique opportunity of learning/building together as a scaled and decentralized team from the start.
Back to the fundamentals of people, metaverses, and DAOs
Will's General Newsletter (Weekly) :: Feb 15, 2022
Introducing BanyanDAO: Training and supporting Web3 product leaders to promote human flourishing :: with Priya Baveja, Jake Varghese, and Mike Anderson
In this episode of Ventures, my guests Priya Baveja (https://www.linkedin.com/in/priya-baveja/), Mike Anderson (https://www.linkedin.com/in/mikeandersonjr/), Jake Varghese (https://www.linkedin.com/in/jake-varghese-498335/) and I (https://www.linkedin.com/in/wclittle/) talk about Decentralized Autonomous Organization (DAO) structure, governance, incentives, and participation. We are a subset of founders currently launching BanyanDAO (https://banyandao.xyz/), which is growing a community of Web3 entrepreneurial leaders to promote human flourishing. Our first training event - to level up Web2 product managers into Web3 - will be in April 2022 (exact dates TBA). For more details and to participate, join us in our Discord server (https://discord.gg/bYnxySgw34) and follow us on Twitter (https://twitter.com/BanyanDAO).
Unlearning racism, merging DAOs, and thoughts about compensating DAO participants
Will's General Newsletter (Weekly) :: Feb 1, 2022
Startup accounting & finance, DAO & Web3 summary notes, and mental & physical health
Will's General Newsletter (Weekly) :: Jan 25, 2022
Alexandra Sims' PhD Thesis on DAOs: Brief Summary and Reflections
Decentralized Autonomous Organizations (DAOs), enabled in the past decade by blockchain technology to manage transparent treasuries and governance, have considerable promise to accelerate human coordination to accomplish important goals in the coming decade and beyond. New “no code / low code” solutions for creating and maintaining DAOs have facilitated a rapid growth in both interest and experimentation with new DAO structures. I was recently referred to Alexandra Sims’ PhD Thesis on DAOs: Governance, Dispute Resolution and Regulation (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3971228, published May 31, 2021), and I was delighted to read it over the holidays. While I won’t pretend to fully represent the work presented by Dr. Sims (and instead refer you to the PDF linked above), in this article I will attempt to share a brief summary of its content and my own personal reflections.