We're going to create an access token so that we can get some revenue into the community through a native business model. We also want to figure out ways that it can be used as like tipping rewards throughout the economy. You've got FWB now allowing you to receive membership NFTs, which are tokens of your choice. So I think it's definitely making life harder for these communities who at the time had no other choice but to raise money from VC because there's no liquidity and things like that. But different communities have found ways to overcome this.
Jihad Esmail is a core contributor at Forefront - proliferating collective creation. He’s a researcher at Other Internet, an applied research organisation studying social technology. Key author for Tokenized Communities Year In Review ~ the third edition was just released.
Forefront has arguably the single best crypto newsletter in the game. Their products including Pulse and Terminal are geared towards supporting the ecosystem of tokenized communities. Forefront Membership Pass is a recently launched NFT for community access. They’ve been out here shipping for the ecosystem since 2020. Building up a network, resources and tooling via their contributors and community.
Jihad is highly active in the Nouns DAO community, one of the most fascinating things happening in the crypto space as its evolved since launch in 2021.
In this episode we go into all things governance, memes, NFT memberships, onchain media and trends seen over recent years for web3 communities from ERC20s and social tokens to PFP NFT collections, web3 social and the emergence of nounish projects.
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