Building Web3

Building Web3: Exploring On-Chain Governance and Social-Fi with Common.xyz

August 06, 2024 Jax Dwyer
Building Web3: Exploring On-Chain Governance and Social-Fi with Common.xyz
Building Web3
More Info
Building Web3
Building Web3: Exploring On-Chain Governance and Social-Fi with Common.xyz
Aug 06, 2024
Jax Dwyer

Welcome to the Building Web3 Podcast! Join host Jax Dwyer and special guest Dylan, founder of Common.xyz, as they dive into the world of Web3, crypto, governance, on-chain communities, snapshot proposals, forums, and Social-Fi. In this episode, Dylan shares his journey from mining Bitcoin in high school to creating Common.xyz, a platform revolutionizing how communities coordinate and make decisions on-chain. Get ready for an insightful discussion packed with valuable insights and practical advice for navigating the ever-evolving Web3 landscape.

Work with us: http://buildingweb3.xyz/

In This Episode:
Introduction: Meet Dylan, the founder of Common.xyz, and learn about his fascinating journey into the world of Web3. Discover how his early involvement in Bitcoin mining and crypto ventures led him to create a platform that empowers on-chain communities.

Common.xyz's Mission: Discover how Common.xyz aims to simplify the process of turning ideas into reality within token-based communities. Learn about their mission to make on-chain coordination as seamless and effective as possible.

Governance and Proposals: Understand the importance of on-chain governance, the role of snapshot proposals, and how they enhance community decision-making. Explore how Common.xyz facilitates this process to ensure every community member's voice is heard.

Features of Common.xyz: Explore the user-friendly features of Common.xyz, including forum-based discussions and wallet integration. See how these features create an inclusive environment for community engagement and effective governance.

Snapshot Proposals Explained: Learn about the concept of snapshot proposals and their significance in non-binding community voting. Understand how these proposals allow for transparent and decentralized decision-making within the community.

Anonymity in Voting: Discuss the pseudo-anonymity of votes and its implications for community trust and transparency. Explore the balance between transparency and privacy in on-chain governance.

Tool Integration: Discover how Common.xyz integrates with other tools like Gnosis Safe, Snapshot, and Tally to create a seamless governance experience. Learn about the multi-chain capabilities of Common.xyz and its compatibility with Ethereum, Cosmos, and Solana.

Challenges with Telegram and Discord: Why Common.xyz is necessary for higher-level proposals and organized discussions. Understand the limitations of traditional communication platforms and how Common.xyz addresses these challenges.

Future Developments: Upcoming features like contests and rewards to incentivize community engagement. Get a sneak peek into the innovative tools and features that Common.xyz plans to introduce to enhance community participation and reward contribution.

Building the Platform: Challenges faced by Common.xyz and how they are overcoming them to support on-chain communities. Gain insights into the development journey of Common.xyz and the hurdles they have successfully navigated.

The Social-Fi Movement: Thoughts on the evolving Social-Fi landscape and its impact on the Web3 ecosystem. Explore Dylan's perspective on the intersection of social interaction and financial incentives in the crypto space.

Common.xyz's Role in Web3 Adoption: How Common.xyz contributes to the broader adoption of Web3 technologies and community empowerment. Learn about the broader vision of Common.xyz and how they aim to foster the growth of decentralized communities.

Advice for Founders: Tips for aspiring founders on building and nurturing their own Web3 communities. Get valuable advice from Dylan on how to navigate the challenges of creating and growing a successful Web3 project.

Show Notes

Welcome to the Building Web3 Podcast! Join host Jax Dwyer and special guest Dylan, founder of Common.xyz, as they dive into the world of Web3, crypto, governance, on-chain communities, snapshot proposals, forums, and Social-Fi. In this episode, Dylan shares his journey from mining Bitcoin in high school to creating Common.xyz, a platform revolutionizing how communities coordinate and make decisions on-chain. Get ready for an insightful discussion packed with valuable insights and practical advice for navigating the ever-evolving Web3 landscape.

Work with us: http://buildingweb3.xyz/

In This Episode:
Introduction: Meet Dylan, the founder of Common.xyz, and learn about his fascinating journey into the world of Web3. Discover how his early involvement in Bitcoin mining and crypto ventures led him to create a platform that empowers on-chain communities.

Common.xyz's Mission: Discover how Common.xyz aims to simplify the process of turning ideas into reality within token-based communities. Learn about their mission to make on-chain coordination as seamless and effective as possible.

Governance and Proposals: Understand the importance of on-chain governance, the role of snapshot proposals, and how they enhance community decision-making. Explore how Common.xyz facilitates this process to ensure every community member's voice is heard.

Features of Common.xyz: Explore the user-friendly features of Common.xyz, including forum-based discussions and wallet integration. See how these features create an inclusive environment for community engagement and effective governance.

Snapshot Proposals Explained: Learn about the concept of snapshot proposals and their significance in non-binding community voting. Understand how these proposals allow for transparent and decentralized decision-making within the community.

Anonymity in Voting: Discuss the pseudo-anonymity of votes and its implications for community trust and transparency. Explore the balance between transparency and privacy in on-chain governance.

Tool Integration: Discover how Common.xyz integrates with other tools like Gnosis Safe, Snapshot, and Tally to create a seamless governance experience. Learn about the multi-chain capabilities of Common.xyz and its compatibility with Ethereum, Cosmos, and Solana.

Challenges with Telegram and Discord: Why Common.xyz is necessary for higher-level proposals and organized discussions. Understand the limitations of traditional communication platforms and how Common.xyz addresses these challenges.

Future Developments: Upcoming features like contests and rewards to incentivize community engagement. Get a sneak peek into the innovative tools and features that Common.xyz plans to introduce to enhance community participation and reward contribution.

Building the Platform: Challenges faced by Common.xyz and how they are overcoming them to support on-chain communities. Gain insights into the development journey of Common.xyz and the hurdles they have successfully navigated.

The Social-Fi Movement: Thoughts on the evolving Social-Fi landscape and its impact on the Web3 ecosystem. Explore Dylan's perspective on the intersection of social interaction and financial incentives in the crypto space.

Common.xyz's Role in Web3 Adoption: How Common.xyz contributes to the broader adoption of Web3 technologies and community empowerment. Learn about the broader vision of Common.xyz and how they aim to foster the growth of decentralized communities.

Advice for Founders: Tips for aspiring founders on building and nurturing their own Web3 communities. Get valuable advice from Dylan on how to navigate the challenges of creating and growing a successful Web3 project.