Building Web3

Building Web3: Exploring On-Chain Governance and Social-Fi with Common.xyz


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Welcome to the Building Web3 Podcast! Join host Jax Dwyer and special guest Dylan, founder of Common.xyz, as they dive into the world of Web3, crypto, governance, on-chain communities, snapshot proposals, forums, and Social-Fi. In this episode, Dylan shares his journey from mining Bitcoin in high school to creating Common.xyz, a platform revolutionizing how communities coordinate and make decisions on-chain. Get ready for an insightful discussion packed with valuable insights and practical advice for navigating the ever-evolving Web3 landscape.

Work with us: https://buildingweb3media.com/

Chapters

00:00 Dylan's Background and Introduction to Common
03:02 The DAO Hack and the Birth of Common
05:20 Features and Functionality of Common
08:19 Snapshot Proposals and Voting
11:33 Comparison to Existing Tools and Platforms
14:05 The Social-Fi Movement and Common's Role
16:46 Challenges and Advice for Aspiring Founders
25:56 Contributing to the Adoption of Web3 Technologies
28:38 Building a Community around a Product
30:30 Getting Involved with Common

In This Episode:
Introduction: Meet Dylan, the founder of Common.xyz, and learn about his fascinating journey into the world of Web3. Discover how his early involvement in Bitcoin mining and crypto ventures led him to create a platform that empowers on-chain communities.

Common.xyz's Mission: Discover how Common.xyz aims to simplify the process of turning ideas into reality within token-based communities. Learn about their mission to make on-chain coordination as seamless and effective as possible.

Governance and Proposals: Understand the importance of on-chain governance, the role of snapshot proposals, and how they enhance community decision-making. Explore how Common.xyz facilitates this process to ensure every community member's voice is heard.

Features of Common.xyz: Explore the user-friendly features of Common.xyz, including forum-based discussions and wallet integration. See how these features create an inclusive environment for community engagement and effective governance.

Snapshot Proposals Explained: Learn about the concept of snapshot proposals and their significance in non-binding community voting. Understand how these proposals allow for transparent and decentralized decision-making within the community.

Anonymity in Voting: Discuss the pseudo-anonymity of votes and its implications for community trust and transparency. Explore the balance between transparency and privacy in on-chain governance.

Tool Integration: Discover how Common.xyz integrates with other tools like Gnosis Safe, Snapshot, and Tally to create a seamless governance experience. Learn about the multi-chain capabilities of Common.xyz and its compatibility with Ethereum, Cosmos, and Solana.

Challenges with Telegram and Discord: Why Common.xyz is necessary for higher-level proposals and organized discussions. Understand the limitations of traditional communication platforms and how Common.xyz addresses these challenges.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

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Building Web3By Jax Dwyer