Some thoughts on Social DAO token price appreciation:
Need to solve for two problems:
1. Sustainable growth
2. Community freshness
My take is that the current community will need to create sponsor relationships: One member can “host” up to X others with a derivative access token that decays over Y period of time.

Only the holder of the OG membership can mint these decaying passes.
The second issue though is membership freshness and diversity - expanding along a single network graph will still calcify the community long-term, so they need to create a (1) lottery system, (2) an applications program that is a grant, (3) honorary membership program, etc.
All these issues are old issues tho, many communities with FOMO demand have gone through this. Will be interesting if DAOs come up with something new, but seems like a standard problem with a normal solution…
It’s also ok to keep it exclusive for a period of time - growth is not the only objective, and if they want to mature into product development, it’s fine to add barriers to entry for a period of time I think XX
Would recommend reading “Situated Learning, Legitimate Peripheral Participation” by Lave and “The Art of Community” by Vogl

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More from @rafathebuilder

6 Sep
Most of the cultural dynamics in a digital-native space can’t be ported into any traditional org, but a few things can make it easier:

- Structured onboarding integrated into the space and automated
- Cultural emoji language and meme creation by the community (not leaders)…
- Tipping and shoutouts for good work, democratised across the org
- Integration of customers into shared digital spaces with the company
- Transparency in all components of the org, all metrics across all teams
- Minimal mobility friction between jobs, let ppl follow their muse
- Option for part-time participation across multiple orgs (this is advanced mode)
- Internal payment market for high-need activities (eg bonuses for high-demand work)
- Encouragement / expectation that each employee is building their own personal knowledge management system
Read 4 tweets
5 Sep
Due diligence for web3 DAOs 101:

- Hodler Segmentation
- Community Engagement
- Production Alignment
- Governance Participation
- Contributor Profiling
- Partnership & Ecosystem
- Community Dynamism
- Bounty Lead Time and Turnover
Shortcut: volume of discussion on token price vs. production
Metrics:
- % of token holders by reputation
- Messages per hour, reaction mix
- # of in-flight projects, % intermix
- % of membership voting, by proposal type
- Contributor reputation mix, hours per week attention, values cohesion
- Inter-DAO informal agreements, member overlap…
Read 4 tweets
5 Sep
“Are you qualified?”

Is not a question that is used, at all, in digital-native communities. Why is that?

Most members assume: You take on what you can, the work will be reviewed anyways, even if they’ve never done something before the internet will help them get there.
Consider how radical this behaviour is. Let it sit for a second. I still can’t believe it.
Of course, many failures will come as a result - but I hope that question doesn’t ever come into the day to day conversation.
Read 4 tweets
5 Sep
In digital spaces, agents move through zones of commitment, intensity, and support.

@mel_being has coined a new term: Contribution Zones

This is important language I think, let’s talk through some of the implications.
I’m traditional organizations we can usually see:

1. work (activities) is structured in packets based on the value chain: Roles

2. These roles are segmented by similar competencies: Job Families

3. Job Families are split by accountability level (like a RACI): Individual Jobs
The job becomes a unique combination of roles and level. This helps align employee expectations and provide what’s called “Role Clarity”

The goal being: “I understand what I need to do and how it supports the company strategy”.
Read 18 tweets
4 Sep
Unlike traditional organizations where strategy is defined and then resources gathered to complete strategy …
many (if not most) digital-native organizations seem to gather resources first (community) through value signalling, and then investigate available capabilities, convert to product and lastly into an emergent strategy.
This inversion doesn’t seem to be intuitive (to me at least) and yet, seems like it has potential to have better outcome fit… things are getting weird when we work off information abundance and low communication friction.
Read 4 tweets
4 Sep
Most people are still thinking “who will be the next (Insert FAANG)”

Rethinking the framing: “Which digital tribes will be the founding networks of the new human age?”

The first movers have appeared in force - but rarely do the first movers become the permanent market leader.
Previous to Google, we had AOL

Previous to Facebook, we had MySpace

Previous to Apple, we had IBM
It would be likely that the communities founded today will reshape the ecosystem, yet those that expand beyond early adopters are more likely become the dominant behemoths.
Read 4 tweets

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