HAUS Party LIVE! Notes S3Ep7 (10/14/21)

--- ###### tags: `Haus Party Live` --- # HAUS Party LIVE! Notes S3Ep7 (10/14/21) Join us for 🎉 Haus Party Live 🎉 every Thursday at 2pm EST on the [DAOhaus Discord](https://discord.gg/daohaus) ## Notes From the Livestream 🎉 Welcome to our 🌱metaphorical garden!🌱 Check us out on [Twitch](https://www.twitch.tv/daohaus) > > **Topics** - Brian Flynn, scottrepreneur, & the RabbitHole team **Hosts & Guests** - Felipe Duarte, dekanbro, Vanilladelphia.eth, vengist - Brian Flynn, scottrepreneur, & the RabbitHole team --- ## Updates from the DAOhaus Universe - Coordination experiments -- Flash DAO created for anyone who claims a POAP each week - Short voting period where folks work to steal the funds from each other - Last week we introduced the concept of teams which introduced collusion - This week we're setting on 3 teams - Claim the POAP each week to participate! - DAOhaus working on Minion Safes - On Arbitrum - Compensation rework under way -- improving flow for contributors to be able to claim funds ## Introductions - Brian joined OpenSea as the first hire and worked there for months to find usecases for NFTs - Moved to Dapper to help *build* the first NFT use case working to get NFT adoption in mainstream - Early on, realized this is a new way to learn in crypto - Saw need for web3 education - "Fighting the beast of speculation" -- most of space focused on finding alpha and opportunities, but these don't always lead to the most sustainable networks and what it means to be crypto native - How can we provide an alternative guide and show that there is more to making money? -> Becoming owners in the protocols we use every day - Since DeFi summer we've seen more people aping in and have lost some of the culture around what it means to be "extremely native" - How to convert folks from mercenary to missionary? Initially people coming to platform to make money, but then how do you show them that there is more than speculation? - Mission to convert folks to becoming missionaries -- Quests are a way to do this ## RabbitHole - Interesting balance between supply side of RabbitHole (protocols and projects) and demand side (complete tasks and earn crypto) - At first, chicken and egg problem -- why would people want to work with RH if no users? - Working with top-tier projects in the early days was helpful - Now that there is a solid amount of inbound projects what is the *role of curator* in an ecosystem where there is lots of noise? - Find ourselves being a **guiding light** as a first step for users in the ecosystem - Help people to have positive first experiences in crypto and avoid scams and rugpulls - Delicate balance of curation as we become the onboarding ramp for new users in the space ### Setting up Quests and Content - Still a very "hand shaky experience" -- how do people reach out to set up Quests? - Core team working to bootstrap the ecosystem -- interesting when talking about RabbitHole as a protocol itself when folks can submit Quests and content and then there is a level of curation existing on the platform - Eventually RabbitHole needs to become a protocol and there is curation work that'll be critical - Interesting trying to create the frameworks that get projects onto the platform - "How do we provide the most positive sum Quests to these protocols?" - What are some examples that RabbitHole has run in the past? - Platform currently runs Quests where protocols supply rewards for users doing onchain actions - Balancer, Uniswap, Compound, Aave, The Graph, etc. - Today, it's difficult for these protocols to get users -- don't have *acquisition channels* - Aggregate users for these protocols and this leads to the projects being pleased with the users RabbitHole is providing - "Users aren't just users, they're also users because they're getting tokens from the Quests" - How can we give them *quality users* engaged over a long period of time? - This is where skills and credentials come into play - users can do these actions on your platform which can then be extended via *Protocol Politician* skill where users vote - Credentialing layer of RabbitHole evolving to deeper level as we start to standardize credentials ### DAOing and Decentralization - Important to have a decentralized governing body to determine how credentials can be used in different networks - How do you build network effects and guarantee decentralized governance? - Seems that RH is building a reputation and credential system around the greater community ecosystem -- Will be interesting to see how these play into identity - Has RabbitHole had issues with Sybil? - Multiple addresses mapped to a single DID will address concerns around SecOps - How do you show off credentials? - DAOhaus Quest coming soon on RabbitHole -- great opportunity to get involved in both ecosystems - Mostly has dealt with defi protocols, excited to see how this goes with DAOhaus as a Quest - RabbitHole providing the *credential layer* - Credentials and skills are simple right now, but will evolve as the space becomes more defined. Will become more sophisticated and sought after ### Education Evolving - New generation growing up in digital world and making money in centralized platforms (Roblox), but then Axie is creating new ways - What does this mean for educaiton? Education evolving dramatically - Interact with protocols and web3 from an early age and do "micro tasks" to prove way through tasks - Onboard folks into web3 and will be a fast growing area in education over next 5-10 years - What would it look like to work with educators in traditional systems? - There are lots of systems that have been built? Early on, universities reaching out about credentialing for blockchain education courses - RabbitHole allows for opportunity to get education on chain, but how does this bridge into the physical world? - Digital world first -> Phyiscal world after ## Brian's Origin Story - Earliest background is in gaming -- Counterstrike professionally, Guild leader in Guild Wars and World of Warcraft - Missionary piece resonated fully when Brian got into NFTs - Was championing NFTs but then turned around and realized it wasn't the best showing of what the space was about - Realized that there was more to participating in crypto - Need to have voices in the space to help shepherd people into the digital world - Find the right people and right opportunities to move ecosystem forward - Did Brian see anything missing in projects he was working on? - General level of awareness when bringing folks into the space - Always deeper question about "what's next?" - Trading and ownership of NFTs is step 1, so what are steps 2, 3, 4, and 5 -- this was what he saw as missing when exploring web3 in early days - Folks need to keep an eye on what the new opportunities are and helping moving people to ownership ## Audience Questions - User education: How much of the gap in user education is with basic skills and knowledge and how much is it bringing the UX up to standard? - How much will improvements to UX through projects like RabbitHole help vs. education in general? - In 2018, when NFTs and blockchain games were taking off there was a lot of call for UX and abstracting all complexity away - When things are too abstracted, users don't understand what is going on under the hood - There are so many variables that it's very challenging to have solid UX, so education is still critical - Marketing question: if you ask 10 mainstream folks "what is crypto" you'll likely get answers relating to currency. Not many folks understand the *application level* - "Open source operating system" is a whole new layer - Lead with the applications and the application layer - Traders and speculators get the most attention, so folks on the outside looking in see lots about price and price action, not folks talking about inner-workings of DAOs and governance - These aren't the pieces being widely shared -- having a way for folks to wade in and go deeper is an effective way to do this - What makes RabbitHole different from other learning platforms? - Highlight the onchain actions as being the important actions that folks should care about - Crypto networks broken down into supply & demand sides, and there are often only 2-3 actions per network. Break down these protocols into atomic tasks that users can complete - Identify the *core actions* that folks can do - Create a **dictionary** of these atomic tasks - What is missing? How can folks in the audience take action? - There have been marginal improvements since DeFi Summer -- using the same mechanisms, largely - RabbitHole works best when there is more interesting content and more interesting crypto networks - Folks in the larger ecosystem should look at taking a step back and figure out where we can innovate - Would love to work with teams who are looking to push the space forward - RabbitHole Quests around governance and participation -- to what extend are partners aware of rationality for participating in governance for small holders? - Push people inward -- have users have a pathway toward becoming core contributors - Users -> core contributors, so the more they can educate small token holders about governance is critical to onboarding core contributors - Intrinsic vs. Extrinsic motivation: - Extrinsic can attract folks in, but Intrinsic helps keep folks around - Lean more heavily to intrinsic motivation - Important to DAOs to find folks who are intrinsically motivated to participate and push the DAO forward ## Resources - https://rabbithole.gg/ - https://rabbithole.mirror.xyz/ - https://twitter.com/rabbithole_gg