A Learning Community and DApp Incubator on Algorand (https://www.daddao.org)
Who are we?
Michael “The Trosen One” Trosen
Demetrick “Fergulati” Ferguson
Jessie “Broke” Santiago
High-level Quick Summary:
We are putting together a multi-purpose NFT called the ‘DAD DAO NFT’ which is a novel ASA implementation (ASA proposal currently in the works) of ARC-69 in order to include additional metadata relevant to the utilization of a NFT as a controller of Discord roles/permissions in what we call ‘Dynamically Scoped Access Control’ or DSAC. DSAC will be implemented by additional metadata properties in conjunction with checking the associated creator address that is used to mint the ASA. Guided configuration of DSAC through ‘config calls’ to the ASA will update the metadata and provide the NFT holder access to resources specific to their currently selected role, team, and project in the Dad DAO Discord server.
Dad DAO NFT will also be building a DAO which will grant the NFT holder voting rights in governance of the DAO treasury, specifically the right of the individual to vote whether or not to accept or reject a project proposal. Project proposals will be created by self-organized teams of DAO members based on the specific role(s) and personalities they want to team up with. Voting will be conducted in a 1:1 NFT to Vote by all Dad DAO NFT holders.
We hope you’re as excited to participate as we are to be building this on Algorand. Follow the link here or above to join the Discord in order to get updates and participate. We hold Town Halls every week on Wednesdays at 5pm EST.
Early Adopter Vanity Discord Server Role and 50% Off Mint
As a fun way to get people to actively participate early, we will be having a reduced mint for those who contribute a unique NFT attribute by following the instructions here.
What is a Dad?
A ‘Dad’ is not only your main role in Discord, but in this community you take on the behavior of being a Dad. Dad’s cultivate, they protect, the guide, and they’re hands-on…by minting the Dad DAO NFT, you become a Dad.
Who is a Dad?
You could be.
A dad in the traditional sense of the word is someone who is there for their family. A dad watches and actively participates both seen and unseen in their family’s lives by trying to be there attending dance recitals, baseball games and overall just making an effort to be present.
In Dad DAO, a “Dad” is a member who deliberately chose and continues to choose to go beyond their abilities and comfort zone in order to shoulder more responsibilities associated with learning to work with and care for the team and community.
If we can all agree on using the loose abstraction above, well maybe we can just think of being a “Dad” in Dad DAO as simply random strangers on the internet who are trying to come together to help each other in good faith in order to educate, build, and encourage one another to do good by each other.
Why join the Dad DAO?
A higher signal-to-noise ratio of quality information and access. People are looking for ways to get involved with projects being built in all of the alternate L1 ecosystems and everyone is getting tired of incessant spam associated with joining crypto Discord servers. People are also becoming disillusioned with the DApp options as they currently exist and are beginning to show interest beyond just the speculation on tokens, using DeFi, or flipping random NFTs in hopes of a larger return.
Dad DAO is a home to curious individuals looking for a learning environment where they can accelerate their understanding of the space.
We want to aggregate high quality mentors, active and productive contributors, the best learning resources, as well as social and financial capital in order to decrease spin-up time for other people who want to come after us and are interested in building things with us.
Why Algorand?
Jessie: I started out as a newbie in crypto back in 2017, and participated in a lot of stuff in the ecosystem as a whole from Bitcoin and it’s many forks to Ethereum when it was the cool new kid on the block with smart contracts allowing the creation of the new concept of DApps in all of their unique iterations. Fast-forward a few years, congestion issues, state-bloat, high fees and general economic infeasibility to broader adoption by both users and developers have plagued Ethereum in such a way that an opportunity has been created for new and promising L1 alternatives to Ethereum. Algorand is one such promising project. Why? It’s cheap and it’s making the best strides of all L1s to hand over governance to ALGO token holders.
Algorand has of late (excluding initial boot strapping of validators and dynamic that tanked the initial price) seemingly taken steps to break the inefficient relationship of capital allocation via L1 native tokens rewarded to validation efforts (after the Early Backers Relay Node Program) and is a step in the right direction in my opinion. At the end of the day, for any blockchain to be competitive as part of the new “web3” tech stack, we need a L1 that is closer to being a utility than an appreciable asset in terms of value. If all an L1 should be doing is running a decently fast distributed computer, then it doesn’t make sense that we speculate too hard on the value of the thing that powers it. Just as we don’t have to think too hard about the cost of toasting bread with a toaster (Electricity costs are fixed and costs roughly $0.1042 / kWh and if the average toaster runs at 800-1500W and the average of toast “perfection” to slightly brown takes roughly 1-4 min. Let’s assume electricity at $0.1042 / kWh * 1000W / 1000 W (convert W to kW for toaster power consumption) * 2 min / 60 min (have to convert minutes to hours and we don’t want super brown toast, just enough heat to make it “al dente” = $0.003 to brown that bad boy.) Running a super cool distributed and decentralized computer that we can all use should have similar dynamics, no?
Algorand, in terms of development cost, adoption curve, and primitive existing tooling for the application layer seems to allow for a window of adoption-lag that is great for new developers and other types of contributors (artists, marketers, etc.) to join in and build new tools while usage is cheap.
What is the Dad DAO?
The Dad DAO is a paid learning community and incubator of people interested in working together on projects as they broadly relate to crypto and DApp building. Our home is made up of beginners, hobbyists, and professionals alike trying to create an environment that serves as a “safe spawn” for everyone to learn and build things away from the “noise” that runs rampant in the crypto space. We want to understand and be objective about the tools available to us in this space as we collectively discover and build projects using relevant blockchains that are most apt for the use-case of our applications. Our goal is to create an environment where people can be rewarded to learn and work on things that are important to them in everyday life and ultimately to us all. Dad DAO will serve as a creator and aggregator of the best and accessible learning resources that will pipeline ideas from teams of people to a DApp incubator which is funded by our community treasury.
What does being in the DAD DAO look like (as told by a gamer)?
You decide your own journey just like a RPG. You buy the DAD DAO NFT which gives you access to the Discord server. You select a class (role), pick your 3-5 teammates (team), submit your proposal outlining a novel DApp (quest), get a 2/3 majority Dad DAO community approval (guild), get your starter funds and resources (starting gold, sword and shield, etc.), then go onto completing your project (quest) with your team and turn it in for your rewards (upgraded guild status and loot drop). More than just a product or service in crypto. We want a living and breathing community of people from different backgrounds and walks of life who are just beginning to learn about crypto because their kids told them at Thanksgiving. We want hobbyists who have had their fill of doing more than perusing crypto subreddits for the latest news headlines to correlate with price movements, enthusiasts who speculate from deep in the weeds of the latest yield farming project and its +100,000% APR returns or the latest and greatest NFT projects that have it all wrapped into one with a monkey or animal-inspired NFT that mixes up all the different flavors of DeFi wrapped into one.
What stage we are currently at?
We are currently working out the dynamics of how voting to approve how projects works and how Teams get funded by the treasury as well as active/passive incentive structures set in place to motivate everyone to move in the same direction. Meetings for community input will take place in weekly “Town Hall” meetings every Wednesday at 2pm PST/4pm CST/5pm EST under the ‘Events’ at the top of the Discord channel and will eventually be streamed/recorded to Twitch/Youtube as a video work log of how we are all working together as a community to figure the these finer details out. We encourage interested people to join the Discord and register for the ‘Working Group/Team’ role as well as more specific ‘Role’ you wish to learn more about. We’ll slowly begin organizing Role-specific sections for learning material to get everyone on the same page in terms of skills necessary for DApp building. We’re hoping that we can work to bring the first 100% fully-autonomous Algorand organization framework online hopefully in late 2022. Please see our current ‘Technical Roadmap’ in the text-channel ‘roadmap’ that paths out the current state of how we plan to deliver lean MVPs (NFT-as-access to Discord, Voting, Rewards, and Self-organization) that build towards the finally heavy MVP of standing up the DAO (fully autonomous framework of community funding and DApp building).
We’ll be pushing out updates to our official verified community Github (https://github.com/Dad-DAO/) over time to track changes to the Constitution (a high-level description of why we’re building what we’re building in terms of maintaining cohesive vision as well as aligning all of us together as a community) soon.
Important! - Please pay the most attention to the #updates channel at the top of the Discord server where we’ll continually be updating the community on everything we’re doing and any new developments as we move forward.
Thank you to everyone who made it to the end of this super long post. There’s a lot of information to get out about this project and we hope to see you in our community soon!
No comments:
Post a Comment