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© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53475 Members
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© 2020 Relevant Protocols Inc.
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Alex Stein of Charterless wrote about the lessons web3 organizations can learn from Wikipedia. Most importantly: to bootstrap a network, you need to either provide early adopters a massive financial stake (the VC model) or you need to offer them non-monetary value. You need to convert them into missionaries. Bitcoin, for example, did not start as a way to make bags of cash on Robinhood. It started as a libertarian, privacy-aware, computer science experiment. It gained traction in this community of true-believers first. Then it attracted the speculators who helped scale the network by shilling their own holdings. Likewise, most DAOs need to start with a mission-aligned community, and spread to speculators later. This is the lesson of Wikipedia, which has managed to survive and thrive with strictly volunteer editors and contributors for decades.
Alex Stein of Charterless wrote about the lessons web3 organizations can learn from Wikipedia. Most importantly: to bootstrap a network, you need to either provide early adopters a massive financial stake (the VC model) or you need to offer them non-monetary value. You need to convert them into missionaries. Bitcoin, for example, did not start as a way to make bags of cash on Robinhood. It started as a libertarian, privacy-aware, computer science experiment. It gained traction in this community of true-believers first. Then it attracted the speculators who helped scale the network by shilling their own holdings. Likewise, most DAOs need to start with a mission-aligned community, and spread to speculators later. This is the lesson of Wikipedia, which has managed to survive and thrive with strictly volunteer editors and contributors for decades.
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