🌱DAO Ecology
A flywheel is just a business term for a virtuous ecological cycle. We are closing the loop of value creation for the service DAO ecosystem.
Last updated
A flywheel is just a business term for a virtuous ecological cycle. We are closing the loop of value creation for the service DAO ecosystem.
Last updated
We were born from the flywheel mechanism responsible for ETHDenver's smashing success. ETHDenver gave birth to the
That flywheel works in a few steps. Attendees receive free tickets to the event; and then gain the skills to become builders. Builders get real hands on experience in order to become hackathon judges, participants and mentors. Hackathon winners go on to build rad successful companies which sponsor the event. Those sponsorships keep tickets free; enabling a circular ecology of success.
Silver Door is an attempt to fulfill an ecological niche in the Service DAO ecosystem. Service DAOs greatest strength and value proposition is their capability to accelerate the growth of human capital. Service DAOs, like RaidGuild, cultivate amounts of valuable human capital. DAOs in this regard are the most potent accelerants of human professional growth yet. They quickly help humans blossom into rockstar builders.
One of the problems that Silver Door helps to fix; is that rockstar builders tend to seek out "sticky incentives". Rockstar builders seek sticky incentives. In order to close the loop of value production within the Service DAO ecosystem; we need an organization that can offer these high-risk high-reward sticky incentives to rockstar builders.
We imagine a regenerative ecological flywheel model for the service DAO space. One where individual and collective needs are satisfied through cooperation; just like in nature. There's three classes of DAOs in this ecology:
Permission-less or inclusive organizations like Metagame or 1Hive which act as "Entry" DAOs. These DAOs serve to provide the fundamental education and inculturation that will ultimately lead participants towards success. These are community spaces where people will learn the most essential basic knowledge of why blockchain and DAOs are important; and how to succeed in them. We imagine that each individual "Entry" DAO will specialize in skill types as well. Some might focus on product development and others might focus on trading or finance.
Exclusive organizations that provide specific value at scale called "Service" DAOs like RaidGuild, Bankless Consulting, CR8R and WGMI. RaidGuild was one of the very first service DAOs; and it was definitely one of the most successful. Service DAOs create value for clients in a myriad of different ways. These are the fiery forges and arenas of the DAO space. Participants rapidly become experts and masters of creating value leveraging their abilities.
Invitation only organizations that build towards positive visions for the future called "Alumni" DAOs. These are the endgame meta spaces of the service DAO ecosystem, the Elysiums of the DAO ecosystem. They could be places to live out utopian experiments such as Zuzalu, incubators of the future technologies that will change the world like Metacartel Ventures, or moonshot attempts to equalize the power of human capital and financial capital.
