How to grow decentralized communities

Rafa: Three things to consider when building a DAO: community, decentralization, and automation. For community, focus on 1:1 relationships with people and make sure the right cultural values are in place as well as ties between members. You are focusing on relationship development. If decentralization is a large priority, you create infrastructure ... See more

While using a token doesn’t inherently make a community self-managing or decentralized, the benefits of (and value accrual to) the token aren’t maximized unless those criteria are upheld.However, no organization will fulfill the first 6 criteria purely on day one. Tokenized communities are progressively working to fulfill the above criteria, making... See more

I believe community tokens should start small, with one or a few founding creators, similar to the way a magnetic founder rallies users around his or her company’s mission. Projects often expand and scale, but you need singular focus and cohesion early on. This is why I argue that the gateway to community tokens is the individual, not the community... See more

Crypto founders have a unique challenge in front of them. In addition to building a product that people want, they also need to consider how that product can successfully run in a decentralized manner — that is, as a protocol owned and operated by a community of users. This is a difficult challenge because much of what it takes to build a suc

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The unique, killer feature of tokenized communities is the rapid incubation and funding of community-led projects.

Tokenized communities turn members into entrepreneurs, creating a network of projects, products, companies, and sub-communities that are working toward propagating a common meme or mission.