Crypto-enabled Communities

Seed Club is an incubator for web3 communities. After three cohorts, it’s time for the next chapter. Next week, we’re welcoming $CLUB to the world🌱

The thesis for value accrual in the social token ecosystem is straightforward. Social token platforms with strong token economic models – that directly capture value from social tokens – will have the greatest opportunity to accrue revenue and value from social tokens. 1/

Web3 may radically change community dynamics. This begs the question: can web3 communities even be called „communities“? Here’s what I learned from @rosiesherry and @corycachola:

NFT membership cards are going to gobble up social tokens. Why? - Cards can be tiered and distributed as a community grows organically - Cards create a better UX. They're clean and simple, while ERC-20s make you feel like you’re being nickled and dimed.

Only launch a token when you have figured out: 1. How the community can participate towards meaningful objectives for the network (give tokens for work to be done) 2. Who to distribute ownership to (making sure you are distributing ownership to those that create the most value)

1/ Here's the entire leaked @yugalabs pitch deck for those who haven't seen it 👇

Reddit Announces New Cryptocurrency Acceptance Method Using Community Points . Reddit has introduced a new method of accepting bitcoin payments via Community Points. To unlock new crypto-enabled bonuses for Reddit Community Points,...

The Creator Economy - is starting its transition to the Community Economy. The Community Economy – enabled by cryptonetworks and social tokens – incentivizes early followers to use their underutilized skills and assets to support a community or individual. A quick thread 👇🏻

A5) In the future gamers creating virtual assets for their gaming characters and trading those assets with other gamers will be possible. An entire crypto-enabled community will be able to flourish around blockchain-enabled gaming. #mediachat

@ystrickler: *What's behind Metalabel?* Metalabel was inspired by specific theories about what the future-now holds: from post-individualism to world-building as self-care to the decline of the creator economy as we know it Here are six core beliefs behind @metalabel_xyz 🧵