Collab.racadabra! | BanklessDAO Weekly Rollup

Catch Up With What Happened This Week in BanklessDAO

Mar 25

Dear Bankless Nation 🏴,

The magic of a community lies in its ability to bring people together to achieve things that they could never accomplish alone. BanklessDAO embodies this concept, striving for constant connection and partnering with other communities to improve the web3 space.

This week's editorial features an informative piece by Boluwatife about the proposal, submitted by DAOstewards on behalf of BanklessDAO, to become a 'Top 100 Communities' recipient of Collab.Land tokens. The DAO will receive around 700,000 tokens, some of which will be distributed to individual contributors throughout the year. The remaining tokens will enable bDAO, via delegation to the DAOstewards, to retain a role in the governance of the new Collab.Land DAO and its activities.

In other news, the 4th BanklessDAO Writers Cohort began on March 22. Through workshops and consistent weekly publishing, it encourages writers to grow their online presence and gain confidence. If you missed the kick-off meeting or haven't registered yet, please consider joining us for what promises to be the best cohort yet. The first articles will be published next Tuesday!

We hope you have visited the Forum this week to check the latest proposals and their associated discussions. This week's Community Call roundtable discussion focused on the time-locked BANK proposal and some potential changes to our membership requirements. Please read the Forum proposal and share your feedback!

As we head into another weekend, may this newsletter inspire your belief in the magic of community and growth. Season 7 is now half way through, and the next few weeks will be busy as our various teams plan and budget for a longer Season 8. Thank you for being a valuable member of our team, and we look forward to sharing our progress and achievements for many seasons to come.

Contributors: Boluwatife, Tonytad, Allyn Bryce, WinVerse, anointingthompson1, KingIBK, Austin Foss, theconfusedcoin, siddhearta, Trewkat, HiroKennelly

This is an official newsletter of BanklessDAO. To unsubscribe, edit your settings.

✅ Action Items

📖 Review the tlBANK proposal and the multisig signers bDIP on the Forum.

✍️ Join the 4th BanklessDAO Writers Cohort.

🍎 Learn about Etherscan on March 30 at 14:00 UTC in the watercooler voice channel.

🏃‍♀️ Catch up: Review this week's Community Call notes or listen to the recording.

🏛 Governance

Proposals in Discussion

🪶 bDIP-N: Selection and Election of BanklessDAO Vault Multi-Signature Wallet Signers

Through the temperature check in February, the DAO reached soft consensus to include text about the b anklessvault.eth multisig signers in the Constitution. This bDIP includes proposed text regarding these individuals’ rights and responsibilities, plus election and removal processes.

The following eligibility criteria are proposed:

Recognition as a Level 2 Contributor of BanklessDAO.
Active membership of BanklessDAO for at least one year.
A previously held leadership position in the DAO (equivalent to Guild Coordinator, Project Champion, Grants Committee).
Experience as a signer on a multi-signature wallet.
Current knowledge of BanklessDAO’s governance procedures.
(optional) Should ideally have a chippi 😛.

Pending approval of this bDIP and ratification on Snapshot, the planned next step is to hold an election and replace the current inactive signatories. Please review the changes and provide input on documenting this important responsibility.

🔖 Formal Proposal — bDIP N — Format Change to Constitution & Community Handbook

The Format Change to Constitution & Community Handbook has also moved to the bDIP stage on the Forum. This bDIP aims to bring the bDAO Constitution in line with existing DAO and real world constitution formatting styles.

In addition to proposed section numbering and heading formatting, there are some placeholder headings included in this bDIP. This lays the groundwork for future changes to the DAO’s primary operating document so make sure to read it over on the Forum and share your input.

Collab.racadabra!

Author: Boluwatife

Alone we can do so little; together we can do so much. Helen Keller

The brains behind the Collab.Land airdrops were not necessarily poking through the mind of Helen Keller when they thought of releasing a token, but they were on the same wavelength — sharing a desire to inspire thought and innovation in their community. Collab.Land may have started life as a Discord bot to enable communities to token-gate access, but in recent months we have seen the exciting plans the founding team are looking to share with their community of communities — more than 41 thousand communities according to a recent post on Medium.

Now, the team has launched the Collab.Land Miniapp Marketplace which is a platform where Discord and Telegram community managers can access verified miniapps for use in their communities. With partners such as Snapshot, POAP, Charmverse, and Sobol on already on board, we can look forward to some very handy integrations.

With the advent of Collab.Land DAO, Collab.Land decided to airdrop the new Collab.Land tokens to community members who had adopted their technology before February 14, 2023. Collab’s Top 100 Communities were given the opportunity to write a proposal to claim an allocation of the tokens. The great news is that BanklessDAO happens to be one of those communities!

Receiving tokens from partner organizations is great for the DAO as it creates valuable partnerships that can lead to new opportunities and growth.

We anticipate that these communities and their leaders will play a core role in $COLLAB governance and as such, allocating a significant portion of the initial distribution to them makes a lot of sense. This allocation will also provide an opportunity for the individuals within these ecosystems to step up and take a leading role in $COLLAB governance, without needing to acquire significant governance weight as individuals. Collab.Land Community Proposal Process

Collab.Land x BanklessDAO

Baer.eth from DAOstewards and gruad from the Treasury Department are our verified Top 100 representatives. BanklessDAO was eligible to claim over 700,000 Collab tokens and of course, this attracted many interested bDAO contributors to the discussion.

The full details of the proposal submitted on the DAO’s behalf are available in a Forum post. In short, the bDAO proposal committed to the following Collab.Land token distribution:

50% of the allocated tokens for community incentives.
30% for the BanklessDAO community treasury for long term governance engagement.
10% to Bankless DAOstewards paid over 6 months. Rewards will be distributed between active contributors in the workstream.
10% to the BanklessDAO Ops Department.

While the exact distribution mechanisms haven’t been finalised, the proposal text indicates that there will be a focus on ensuring at least half the tokens reach active contributors of the BanklessDAO community over the next 12 months, primarily through the ThriveCoin program and the development of Bankless-branded Miniapps for inclusion in the Marketplace.

Reactions And Thoughts From the BanklessDAO Community

The BanklessDAO community had much to say regarding how the claim should be distributed. Many comments with the DAO’s best interest at heart were put forward on the Forum post.

For example, while positive, the idea to reward those building ‘miniapps’ for the Collab.Land Marketplace was thought to be misaligned with current DAO capacity and the lack of identified opportunities in the dApp/bot development space:

Meanwhile, thinkDecade made a popular suggestion: that BanklessDAO continues to do what it does best: social media, management, onboarding, and education.

Last but not least, bDAO contributor and resident Collab.Land expert iSpeakNerd gave some insight into some of the opportunities associated with these tokens:

What Next?

This proposal has since been approved by Collab.Land and our representatives are in the process of verifying the correct wallet and DAO information as per the Collab team requirements.

One small hiccup has been that the DAOstewards multisig is not currently able to participate in Collab.Land DAO governance because the Origami platform does not verify multisigs, only individuals holding the Collab.Land membership NFT. It is anticipated that this will be addressed before the first governance proposals are posted.

As always we thank our awesome contributors for continually working to creating a resilient and sustainable DAO. As Phil Jackson, author and retired professional basketball coach, once said:

The strength of the team is each individual member. The strength of each member is the team.

Let us grow stronger together.

👀 In Case You Missed It

📺 Weekly Rollup Recap With Allyn Bryce

Allyn’s voice-making machine is in full swing as he confuses The Doors with the artist formerly known as Prince … or with Harry Styles — not sure. As usual, it’s a light-hearted look at last week’s Rollup, served with a side of serious fun!

You can find all the previous episodes on the BanklessDAO YouTube Channel.

🎙 BanklessDAO Podcasts

🍔 Grab It While It’s Hot

👩‍🎨 d’Art Drops

Title: Raindance
Artist: Dark World Arts
Description: There is a hope that underlies the progress and engagement in blockchain technology. This piece speaks to that hope.
Cost: .02 ETH
Editions: 100

🗳️ Delegate ARB Tokens to DAOstewards

Did you receive the Arbitrum airdrop this week? The DAOstewards have submitted a post on the Arbitrum governance forum with the intention to formally become delegates. BanklessDAO members who are eligible for the ARB token and want to delegate their voting power to the DAOstewards team can do so by choosing this multisig address when claiming: 0xd4879f876eE383067F80ACAdBE283B93141908e9

If you are interested in participating in the development of governance in other DAOs, feel free to join daostewards-general channel in Discord.

🗓 Set A Reminder

🌈 Bankless Africa x Bankless Academy

Join Bankless Academy and Bankless Africa for a Twitter Spaces on Wednesday, March 29 at 15:00 UTC, where they’ll be discussing their collaborative efforts to bring crypto education to the masses!

BanklessDAO 🏴 @banklessDAO

New Community Collab 🌍 @Bankless_Africa x @BanklessAcademy - Bringing Crypto Education to the Masses 🚀 Join the conversation, get involved, and take action. 🗓️Wednesday, March 29th ⏰15.00 UTC Set reminder 🛎️👇🏻 https://t.co/qO5vFmjkl6

🤝 BanklessDAO x SeoulBound

BanklessDAO is now the official media partner of SeoulBound, a gathering focused on bringing DAO contributors from around the world together to build shared narratives and a better future. The event is happening in the heart of Tokyo, right after ETH Tokyo. Hurry and fill in your application, they close soon!

🏦 How to BANK (bDAO Handbook)

BANK is the governance token of BanklessDAO. To learn about how the BANK token came to be and the tokenomics related to it, join the Education Department on Tuesday, March 28 at 14:00 UTC in the watercooler voice channel. Hop in 15 minutes before the event start to be onboarded to the Zep platform.

👛 HODL and Staking Knowledge Session

Do you want to know what hodling and staking are all about? Do you want to know how they work in the web3 ecosystem? If yes, join the Education Department on Wednesday, March 29 at 14:00 UTC in the watercooler voice channel. Hop in 15 mins before the event start to be onboarded to the Zep platform.

🔎 How to Etherscan

Have you ever thought of tracking the movement of tokens in your wallet? Would you love to learn how you can scan the BanklessDAO treasury? Join the Education Department on Thursday, March 30 at 14:00 UTC in the watercooler voice channel. RSVP here to set a reminder and remember to hop in 15 mins before the event start to be onboarded to the Zep platform.

🤖 Praise Bot Demo

Praise is a community intelligence system that promotes active participation and collaboration through peer recognition and rewards. Praise helps communities become more intelligent, productive, and inclusive by providing a simple way for community members to acknowledge, praise, and reward each other’s contributions. Join this demo in the Amphitheater on Wednesday, March 29 at 19:30 UTC.

🏋️ Gritti Demo — The Web3 Social Fitness App

Gritti is a web3-empowered lifestyle social app that actively assists users in achieving their exercise goals and maintaining a healthy lifestyle. Gritti aims to be the first ‘web3 killer app’ and is backed by a team with experience in building one of the largest running apps in the world. Join this demo in the Amphitheater on Wednesday, March 29 at 18:30 UTC.