--- tags: == automatic --- # Wordsmiths DAO Launch Prep Doc: [Original Wordsmiths Pitch](https://hackmd.io/D_r63rKHQQ6w5sWgsHauJQ?both) 💥 [Wordsmiths Manifesto](https://hackmd.io/G9wR2V_dQ8a7xIfNwtZeZA) 👀 ✅ [Contributor Discovery Form](https://mtc9r0vedhb.typeform.com/to/GKohHdMo) [Wordsmiths Assets](https://www.figma.com/file/wXKcv5KtswADapiUXdracc/Wordsmiths?node-id=0%3A1) ### Member Intros - Boiler - Writing for self on DAOs and joining into this web3 movement. - Lucid (Christina) - Completing work across various DAOs, MolochDAO, DAOhaus, Creator Cabins, and others - Travis - Trad Tech world, comes in with plenty of PM experience - Jengajojo - Scribbler and translator across different DAOs, also likes Pm'ing - Liquidiot - S2/3 cohort - Origin Stories RIP - CoreContrib at BanklessDAO, more on the creative side. Contributor at the Rug on Mirror - primarily focused on video & interested in voice acting - Mackenzie - IT, Marketing, Dev - bringing in the sleazy marketers 😆 - Here to help provide strategic support for content creation and dissemination to the community - TW - Scribe across various projects, MolochDAO, RaidGuild (origin stories), UberHaus (marketing initiative) - Willjuergens - Songwriter, videoediting, contentwriting, voice acting, jack of all trades 💥 (songcamp/electraDAO) - DAO Jones - cleric, budding nft builder, DAOist, does ad hoc media production ### Community Assets - [Boilerrat Musings](https://mirror.xyz/boilerrat.eth/VkJGRsfznvC9z0V9hqUaJpOcj9B_NuF39d47GcUN0xk) - ## Why the DAO should exist - How should we structure Wordsmiths in congruence with the incentives offered across our respective organizations? - How do we create a space for contributors of all types to come and collaborate. - Who is Wordsmiths for, Who is our audience, who are we trying to attract to the project / ideas? ### Outline HackMD Breakdown: > The history of Wordmsiths, how we arrived here (0-100). A major focus of Wordsmiths will be communicating the lore and story for how we arrived here and our learnings up until this point. We'll be sharing the Good, the Bad, and the Ugly. While our focus will be primarily directed at our clients needs, when we are avaialable and have the free time to embark on our own virtuous projects, those projects will be guided by the culture that we have created in our own DAO. Finally, we may begin informing ourselves of our culture by sharing how we arrived here in the first place. So without further ado, let us get into it! - In 2019, Ameen Solemani, Arjun Bhuptani, Layne Haber, Rahul Sethuram, and James Young co-authored MolochDAO. (the contract) - Moloch solved for a fundamental problem in TCRs (Token Curated Registries), specifically the problem of how people would be able to coorindate voting via a TCR. - TCRs could not solve the issue of community building and incentives, you need a community to form around the token to do the work that would accrue to the token. Users were incentivized to *NOT* accumulate, making the utility of voting expensive. - MolochDAO dropped the permissionless feature and introduced the concept of RageQuit to avoid capture. - MolochDAO also solved the community curation issue by forcing membership to happen by reccomendation (i.e. membership happens through existing member voting in new memeber). - However, in the DAO contract there was no way for value to accrue to contributors who put in time and effort to the project, so contributions had no incentive. - In the meantime, platforms Aragon, DAOstack, Colony, gnosis, and others claimed to be the one stop shop for any community to launch a DAO through a modular interface (DAOstack) and deploy different types of communities to fit the given organizations needs (3-years later and I haven't seen a live product, except with gnosis.) Why did these communities with well researched ideas around TCRs, governance structures, and incentive design struggle to `go far and go together`? (Coordination Failure) - Metacartel was an entirely different animal that rose out of ETHSF 2018, the community could be described as a bunch of UX/UI enthusiasts with the goal to improve crypto-usability for all people. - After the core community was established, the DAO was summoned and off to slaying Moloch - Over the course of the Past three years or so, MetaCartel has been successfully providing grants to projects across the web3 ecocsystem. Here are just a few: - Kickback - Mintbase - DAOhaus - MetaCartel set precendence for any community to self-select (even non-technical) and organize through a DAO. - Following the MetaCartelDAO launch, momementum kept gaining, and even through the thoroughs of crypto winter following the 2017 bull run, builders kept the BUDIL going. - Soon after the launch of MetaCartelDAO, RaidGuild was summoned at ETHDenver 2020 with the goal to provide web3 software clients with unparalleled customer experience in getting applications built. - In the meantime, there were many other things going on in the background, with stakeholders in the community hellbent on raising the bar for coordination in DAOs. - These tools were developed across ecosystems, sometimes at hackathons, sometimes through a grant given by the community, or other times bear knuckles nose to the grindstone completely bootstrapped from the community members themselves. - Anything I missed ?\ **Our Purpose** *Up for Debate* ;) ***Web3 organizations today have a strong ability to connect with their direct community through discord, twitter, reddit, and other social media channels. What has not been established insofar as the exponential “horizontal” growth of web3 communities, is something that ties the value these organizations create for their communities to others’ communities in the web3 space. This is to say, there is no cross-pollinating community-centric focus from any of the web3 projects that exist today. By being able to communicate and understand the diversity that different projects offer their users, we will inspire projects in a similar ecosystem with non-mutually exlusive communities to begin to collaborate.*** Ecosystem Overview --> ### Raid Guild Sub-DAO - Working as Wordsmiths taking on projects initially through the RG client / RIP flow - Take Grants from other DAOs - UberHaus Marketing... (they are ready to rock) ##### Opportunity to Provide a Model to the Ecosystem that demonstrates a way of doing things differently, creating value together and supporting one another. Otherwise we create another poorly designed system that ends up promulgating the same issues. ![](https://i.imgur.com/r1B9vFG.png) ## Workshop Setup 1. | Type | Voting Period | Grace Period | DAO Characteristics | Proposal Velocity | Proposal Deposit | Processing Reward| | --- |:---------------- | -------------------------------------------- |:-------------------------- | ------- | --- | --| | Slow/chill | 5 days | 3 days | Slow voting = slow coordination, more participation | 12/day | n/a| n/a | | Medium/chill | 3 days | 2 days | moderate voting, decent participation | 24/day | n/a| n/a| | Medium/quick | 3 days | 1 days | moderate voting, decent participation | 36/day | n/a| n/a| | Fast/chill | 2 days | 1 days | Fast voting, low to moderate participation | 48/day | n/a| n/a| + Add Quorum --- *Proposal Velocity* should be pretty fast 2. Should we require a proposal deposit to reduce spam to the DAO? It seems that DAOs with shorter voting/grace periods also suffer from weakers security, such that maliscious actors could take funds from the DAO if members weren't paying close enough attention (**remember WarGames?**) Additionally, a proposal deposit may reduce spam proposals to the DAO once Wordsmiths grows larger in time. That said, we do not need to be optimizing for the future so much as the present. ### Apprenticeship | Tribute Amount | Share Request | | ------------- |:-------------:| **Min Tribute** - 25 wxDAI | 1 **Max Tribute** - no max |1 Max -- How should apprenticeship look, what does this onboarding experience look like. Is it similar to the cohort process that many DAOs have implemented? Is there anyway we can come up with some low level task for apprentices to take up? 0 - Who are we seeking out as apprentices - Writers with & without web3 XP ### Membership | Tribute Amount | Share Request | | ------------- |:-------------:| **Min Tribute** - 250 wxDAI |10 **Max Tribute** - no max |100 Max - rest in loot ### Inflation for Shares Shares will be distributed to Wordsmiths on a case by case basis, where those who already have membership in the DAO will be allowed to earn additional shares for their contributions to the web3 ecosystem as wordsmiths. You will be diluted if you are an inactive member of wordsmiths and risk being **GuildKicked**. **DAO Share Compensation Structure** | Type | GIVEWord | Grace Period | DAO Characteristics | Proposal Velocity | Proposal Deposit | Processing Reward| | --- |:---------------- | -------------------------------------------- |:-------------------------- | ------- | --- | --| | Slow/chill | 5 days | 3 days | Slow voting = slow coordination, more participation | 12/day | n/a| n/a | | Medium/chill | 3 days | 2 days | moderate voting, decent participation | 24/day | n/a| n/a| | Medium/quick | 3 days | 1 days | moderate voting, decent participation | 36/day | n/a| n/a| | Fast/chill | 2 days | 1 days | Fast voting, low to moderate participation | 48/day | n/a| n/a| ### Process For Wordsmiths - What are the key activities we want to incentivize, moderate, and support as a DAO - How do we validate and ensure the work being completed fits with the demands of the org - Create incredibly guided process for various contributor types ### Value Streams Define Activities - Process document should be learned from the Activity Stream, and that process document should evolve and be able to infuluence how that activity stream is managed. #### Two Income Streams - RG Origin Stories RIP Funds - UH Marketing Funds ## Services offerred - Documentation non-tech/tech - blogs/newlsetters - transcriptions - tutorials - editing - tweets - Vision & Values workshops - (& many others) ## Basic set of needs - website - join/hireus form - what's our own contributor flow? - discord server? - What DAOs do we hang out in? - What DAOs do we not like? - Special member names (nicknames) Parameters of the DAO: ### Discord Scaffolding | Channel | Description | | ----------- | ----------- | | welcome | Title | | join | Text | | e| Description | | ----------- | ----------- | | welcome | Title | | join | Text | | 'smith resources | Text | | **Scriptoria** | | | | Text | | The Bowels| Description | | ----------- | ----------- | | 'smith resources | Text | | **Scriptoria** | | | | Text | ## Stack (helpful tools) - - [Github](https://github.com/) (Fork Repo, Edit MD, Submit Pull-Req, etc.) - workshops for the non-technical - [VsCodium](https://vscodium.com/) (open-source) or [VsCode](https://code.visualstudio.com/) - code visualization software - [Tower](https://www.git-tower.com/mac) - Git client to manage repos - [HackMD]() - do i need to explain?