How to grant and how to get granted are currently considered as the issues of most Web3 ecosystems and builders that have been always concerned about. We can see many grant DAOs and innovative funding models, such as Dora Grant DAO, model of a grant DAO and other platforms such as like Gitcoin. We are very honored to have DoraHacks partner Steve Ngok to share this topic with us and make a discussion about this topic.
在过去10年中,我们可以看到一个主要趋势是加密货币的崛起。尽管我们会听到不同的声音,但不得不承认加密领域在茁壮成长。它允许黑客、开源开发者和企业家使用加密货币来建立新的,无需信任的基础设施和应用程序。也正因如此,不断有新的热钱涌入这个领域。 但换个角度思考,加密货币是否可以反向资助到非加密货币领域呢? 在最近的 BNB Grant DAO 社区融资回合中,仅前沿技术这个赛道,DoraHacks就至少为 5个以上,致力于为在开源量子软件、太空技术等领域进行研究的团队提供了支持。这是Dora社区首次使用加密货币为非加密货币领域的构建者提供资金。我们能否把它变成一项长期的努力,以便支持更多有意义的项目呢? 带着这一系列的问题,一起来听Eric聊聊。
Episode 08 – ENG
Since November 2021, the total market value of digital assets in the Crypto space has plummeted from an all-time high of $3 trillion to about $1.27 trillion today, a loss rate of more than 55%. While this massive currency slide can be attributed to a number of factors, including the ongoing Russia-Ukraine war and the impact of increasingly hawkish fed rhetoric on bitcoin price volatility, rising inflation data and worsening macroeconomic conditions have had a significant impact on the crypto working environment. With the price of bitcoin, Ethereum and other mainstream coins falling all the way in the past half-year, the familiar problem of "the cry Wolf" has come to the moment that must be deeply discussed. For the DAOrayaki community, we are more concerned about how to survive as a BUILder in the crypto field in the current market mood. We all know the famous crypto primitive "Be a BUIDLer or Holder," but the question is, HOW? To that end, we invited Steve, partner of the Dora community, to talk more about what it takes to be a real BUIDLer, even in a bear market.
Episode 09 – CHN
从 2021 年11 月以来,加密领域数字资产总市值已从 3 万亿美元的历史高位暴跌至目前的约 1.27 万亿美元,损失率超过 55%。虽然这种大规模的货币下滑可归结为一系列的因素,包括正在进行的俄乌战争,美联储日益强硬的言论对比特币价格波动的影响等,但通胀数据的上升和宏观经济状况的持续恶化,一定是对加密货币的市场环境产生的最为直接的重大影响。 近半年随着比特币、以太坊等主流币价的一路走跌,那个令人熟悉的关于“狼来了”的论调,又到了必须要深入探讨的时刻。对 DAOrayaki 社区而言,我们则更关注在现有市场情绪下,作为一个加密领域的 BUIDLer ,如何才能够更好的生存下来。我们都知道加密圈那句著名的原语 “Be a BUIDLer or a HODLer“,但问题是 How?为此我们特别邀请 Dora 的合伙人 Steve,一起深入地谈一谈,如何在一个不确定的艰难市场环境中做一个真正的 BUIDLer。
One major trend we have seen over the past 10 years is the rise of crypto. Despite being often "Disparaged" by some powerful elders, crypto continues to going stronger. The design space for crypto is large enough which at least support innovation on the same scale as the Internet. It’s allowing hackers, open source developers, and entrepreneurs to use crypto to build new, trustless infrastructure and applications. It is precisely because of this that new hot money is constantly entering this field. However, the large-scale development of the entire crypto ecosystem has also fully exposed the issues of privacy and collusion. In the past two years, issues such as "sybil attack", "authentication", privacy and collusion in decentralized governance have been frequently mentioned. How to solve these problems in the existing builder ecosystem, and how to use constantly emerging technologies like ZKP? With this series of questions, we specially invited Mr. Eric, the Founder of DoraHacks. from the perspective of a senior builder, to systematically and in-depth talk about governance, funding, and the future.
The concept of NFT can be traced back to the elaboration of encrypted trading cards proposed by Hal Finney in 1993. During the long period of time when this concept was proposed, due to technical reasons, it has not been implemented. Until 2017, the world's first NFT project, CryptoPunks, was released on Ethereum, marking that NFT has entered a stage of rapid growth and construction. The main differences between NFTs and FTs are focusing on their non-interchangeability, inseparability, and uniqueness. Relying on these features generated by blockchain technology, the uniqueness, authenticity and permanence of NFT link assets are guaranteed, thus effectively solving the problem of right confirmation of virtual items. As of December 17, 2021, the cumulative turnover of NFT projects has exceeded 10 billion US dollars. However, the good times are not long. By 2022, as of last month, the NFT field has only attracted about billions of US dollars of funds. The most notable change is that today, if NFT projects want to build a community of loyal believers in their vision, the previous story of only “collectible attributes” no longer plays a real role. They need more creativity to bring innovation to a market already saturated in some ways with mediocrity. The question is, in addition to paying attention to the collection value of NFT, what value depressions of NFT will be tapped in the future? Can the coordinated development of NFT, DAO, and Web3 find the best combination? With these thoughts in mind, we specially invited Stephen from Metopia to talk about the future development of NFT.
When music, NFTs, and rhythm games met decentralization at the same time.What gonna happen? “Music is a world within itself, with a language we all understand,” says Stevie Wonder. NFTs and the Metaverse are two of today’s hottest topics. But whenever anyone talks about linking NFTs to music, a key question always arises: With almost unlimited access to huge libraries on music apps like Spotify available for a small monthly fee, why spend money on music NFTs?
Episode 21 – ENG
Decentralised Autonomous Organisations (DAOs, for short) are changing how organisations are defined and thought about. DAOs actually grew out of imagining how decentralized technology features such as global digital assets, censorship resistance, and automated operations would change the way organizations operate. Originally known as a Decentralized Autonomous Corporation (DAC), the more generic term DAO emerged in the Ethereum blockchain community. In an article called DAOs, DACs, DAs and More: An Incomplete Terminology Guide by Vitalik in 2014, A DAO is described as a capitalized organization in which a software protocol informs its operations, putting automation at its center and humans at the edge. On this basis, it is proposed that DAO is to automate the interaction between human actions. But, the reality is, there is no universally agreed definition on what is a DAO. “Member-owned communities without centralized leadership. A safe way to collaborate with internet strangers. A safe place to commit funds to a specific cause.” - Ethereum.org”Collectives that use automation and crowdsourcing to make decisions” - The Economist “An entity that seeks to replicate the decision-making activities of a traditional organization without the traditional structures and costs of an organization” - Forbes “A community with a shared bank account” - Huling (2021) DAOs have evolved to encompass a multitude of entities, and, as a result, have had a spectrum of definitions. But the question is, what is the most objective, comprehensive and specific way to define DAO? DAOrayaki, as a member of in-depth research and construction of DAO, has been thinking about the same question. Fortunately, today we have a new extension of the definition of DAO, thanks to the contribution of RnDAO, which has long-term continued research and continuous in-depth thinking on the organizational form of DAO. Today, the DAOrayaki community is honored to invite Daniel from RnDAO to understand DAO from a new, deeper and more interesting perspective. Daniel is also the original author of the article "What is a DAO? Conceptual Foundations'' . Let's welcome Daniel.
Episode 22 – CHN
DAO在“实践”的这条赛道中,可以大致归纳为两个方向:一个方向是做治理中间层,或者说是DAO的操作系统,像AragonDAO、DAOstack是这一方向的代表。另一个方向是应用层治理,其中又可分为“融资型”与“协议型”。由于融资的目的是为了支持社区建设、资助开发、孵化项目,所以产生出了一种融资型DAO的子类型:Grant DAO,比如著名的MolochDAO,Dora Grant DAO等,在谷歌的一般性定义里,Grant DAO作为DAO的几个首要用例之一,被设计为创新的 DeFi 项目提供资金,从而表明去中心化社区在资金方面比传统组织更灵活。Grant DAO与其他投资型的 DAO 类似,是不断增长的 DAO 类型的重要补充。 这些 DAO 适合支持和资助 Web3领域的初创项目。
如今,Grant DAOs对于区块链生态系统的发展越来越重要——企业、活动、社区、公共物品都可以由Grant DAOs提供资金资助。Grant DAOs在DoraHacks社区中也越来越受欢迎。BNB Grant DAO在单轮资助中资助了216家企业和公共物品,涵盖去中心化保险协议,BNB域名服务,zkBNB等多个前沿领域的项目。
The industry scandal exposed by the FTX is still ongoing throughout the crypto industry. The reason is that current crypto projects and funds lack effective tools to manage their assets and relationships with investors in a transparent manner, and investors cannot really control the situation of funds within the project or fund. Investors simply transfer assets using void legal contracts, at their own risk, with no real protection, or even using any contracts at all.
On the other hand, founders of crypto projects have no incentive to develop their projects after successfully raising funds and sometimes engage in exit scams such as rug pulling or just mimicking project activity without actually looking for real customers and product-market fit. Now, investors are not immune(i’myoon) to any of these activities. An alternative solution needs to be found as the current legal system has proven to be costly, inefficient and creates more headaches for founders than truly protecting investors
Investing in DAOs can be a solution to the lack of transparency, but because current DAO builders lack mass adoption, developing a custom DAO for a project or fund requires developing it from scratch, which is costly and efficient low.
The guest we invited today is an expert in asset management DAOs. Using today's topic, let us see if we can find an efficient and feasible personal asset management method.
Episode 26 – ENG
"What is a DAO community and how to measure health" has become increasingly important. The DAOrayaki community tracked this topic, and we found that RnDAO published a study on "Measuring the Health of the DAO Community". In the research of RnDAO, we first put forward our views on the conceptual basis of defining the DAO community and how to measure the health of the DAO community. As we have seen in this article, the topic of DAO community health is extensive.
Hyperlinks were ground-breaking for the internet during the Web1 era and enabled digital advertising to become the backbone of the internet’s commercialization. To date, digital advertising is still the largest means of monetization, having generated $521 billion in revenue by 2021.
Episode 29 – ENG
“Democracy must be something more than two wolves and a sheep voting on what to have for dinner.” Says ― James Bovard, Lost Rights: The Destruction of American Liberty DAO is a charismatic public organization, which eliminates all risks of these public welfare forms in the common ownership of all items, and realizes incomparable benefits in terms of non-profit organizational goals.
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