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In this episode, Martin and Jahed chat with Mark Beylin, co-founder and CEO of Myco, where communities can bootstrap themselves with labor, co-own the business they launch, and not be beholden to the platform economics of the last wave of the internet. In the conversation, we cover how communities can use Myco’s unique LLC structure to protect themselves from liability while they extend ownership and upside to the people who contribute to it, how governance in these communities works, and how to build communities that last for decades by taking a long term, dilutive view of stakeholder ownership. Founders, entrepreneurs, and DAO contributors will get a peak at how an ostensibly web3 community is building front-end products that do not require any of the clunky UX that we’ve become accustomed to in web3, and can learn from the myco blueprint on how they might form tokenized digital communities.
Here are the show notes: