Highlights
🏀 WAGBAT. Krause House is turning vision into reality by buying a controlling stake in one of twelve teams in Ice Cube’s BIG3 basketball league. They are in great crypto company, as ownership will be conveyed via NFTs, and a controlling stake in another team in the BIG3 is being acquired by tech investor Bill Lee and funded entirely in Dogecoin.
💰 It takes a village. Syndicate’s recent $6M raise brings its total to $28M from 300+ investors, operators, companies, partners, customers, and DAO. #bythepeopleforthepeople
📽 NFTs go to Hollywood. Filmmaker Kevin Smith has partnered with Legendao to launch a 5,555-piece generative art NFT collection of horror anthology, KillRoy Was Here. Ape in for exclusive content and creative opportunities.
Recommended Listening
🎙 In the 3rd episode of the DAO or Never podcast, Isaac Patka and Geoffrey Arone discuss recent DAO news, including diving deeper into two big raises, Ribon and Rain, and the long-awaited Optimism airdrop. Also available on Apple and Spotify.
🎙 The Smart Contract Research Forum produced a two-part podcast on DAOstar One and the four-month sprint to develop the ERC-4824 technical standard for #DAOs.
Recommended Reading
🏦 Are DAOs organizations with a shared onchain bank account? Maybe not. - Rolf Hoefer and See Eun Ha dig deeper into what constitutes a DAO. TLDR: Community governance FTW, for now.
🔮 Unbundling venture capital via DAOs - The team at 1kx explains how DAOs are positioned to disrupt the traditional venture capital model and what a DAO native venture landscape might look like.
Coming Soon IRL
🏰 Construction is well under way on DAO Palace, a two-week long, DAO research-focused residency, to be held (this time) at Schloss Bückeburg. Experienced DAO builders will explore projects, theories, and standards supporting the development of DAOs that can withstand economic, environmental, and regulatory forces. The July 2022 event is just the beginning of a global network of co-living and co-working spaces for web3 incubation. Applications are officially closed, but sponsorship or VIP opportunities may still exist.
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