Dear Bankless Nation 🏴,

What better way to wrap up the week than with the launch of our new community purpose? With thoughtful deliberation from a productive community call, the Transition Council has finalized a purpose that aligns perfectly with our community's rebranding.

Our New Purpose:

To foster a vibrant, onchain community dedicated to the advancement of self-determination, regenerative systems, and collaboration.

We empower passionate changemakers to learn and thrive while exploring decentralized spaces.

Together, we're breaking barriers, creating new freedoms, and building a future where everyone can find their path and amplify their impact.

With this clarity, we can now turn our attention to other important aspects of reorganization, starting with our community’s name. As always, we welcome suggestions; you can drop them in the Transition Council channel.  You can also join the governance call at 19:00 UTC on Monday and the community call at 16:00 UTC on Friday to share your thoughts. Your input will help the Transition Council catch the community's vibe and shape the direction forward.

Additionally, the proposal to elect a new member to maintain the seven-member structure of the multisig is still up on the Forum. If you're interested, learn more about the requirements and application process by reading through the proposal, then apply as a reply to the post.

We’re moving in the right direction, and this purpose shows that every community member’s contribution plays a key role in shaping our unique identity.

Contributors: Lucent, Tonytad, Angelspeaks, Boluwatife, Kornekt, WinVerse

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🏃‍♀️ Catch up: Listen to this week's Community Call recording.

Proposals in Discussion

• Election of One New Vault Multisig Signer

A Defined Purpose to Create a New Identity

Author: Lucent

Following the assignment in the recent community call, where members were asked to suggest purposes that align with our ongoing reorganization, the Transition Council has finalized a purpose statement that captures the collective voice of the community.

Our New Purpose:

To foster a vibrant, onchain community dedicated to the advancement of self-determination, regenerative systems, and collaboration.

We empower passionate changemakers to learn and thrive while exploring decentralized spaces.

Together, we're breaking barriers, creating new freedoms, and building a future where everyone can find their path and amplify their impact.

This purpose reflects what makes any web3 community thrive. It’s not about vague ideas but about delivering something tangible, something that directly impacts community members. If we recall, it captures many of the key concepts that emerged from the purpose post on the Forum a few weeks ago — education, self-sovereignty, decentralization, and more.

Education: A Defined End

Education has always been a fundamental pillar in onchain communities but too often, it’s reduced to a generic call for "learning." Our purpose goes beyond that by defining a clear path for members to not only gain knowledge but thrive in the process. We aren’t just telling people to "learn more about web3". Instead, we are creating a structured process to explore, engage, and grow within the community.

Creating New Freedoms

The term "self-sovereignty" might seem abstract to some, but our purpose brings clarity. The third paragraph shows we are creating new freedom where everyone can find their path.

We are providing a platform where individual visions can flourish. Folks can find their path here, and, more importantly, express it without being tethered by rigid structures or outdated systems. This gives more meaning to the word “self-sovereignty,” with members having the freedom to think, act, and build alongside the community, while also creating a platform to amplify their impact.

Collaboration and Collective Decision-making

A major pillar of our purpose is collaboration. In decentralized systems, collaboration isn’t just encouraged — it’s essential. As a community, we already push this initiative quite well with the most recent community call further proving our solidarity as a group.

Regeneration: Beyond Sustainability

Sustainability has been used in many discussions in communities. While sustainability is important, our focus is regeneration, which is a more ambitious and impactful goal.

Sustainability focuses on maintaining current systems, and minimizing the tendency to drop in quality. As OxZFi puts it:

Regeneration enables communities to not just survive, but thrive. Through regenerative systems, our community becomes self-sustaining, growing in a way that doesn’t require constant rehashing of old issues, building a presence that will last and continuously adapt with the times.

Defining Our Identity

The word "community" is used so frequently that it risks becoming meaningless, but with our commitment to education, self-sovereignty, decentralized governance, and regeneration, we’ve planted our flag. We’re not just another group claiming to be a community, we are bound by every concept embedded within our purpose, from education to collaboration.

Our purpose has always been at the heart of discussions since the reorganization started. Now that it’s here, it clarifies other aspects of our identity. Our brand name is one of them. This would be the discussion for the next governance meeting and community call and you wouldn’t want to miss those. The community is ours and we must play our part in creating a unique one.

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