Community-bound Tokens

@ETHGlobal Paris Hackathon Finalists | Better reputation and governance for onchain communities | deployed by @TroopLabs, contracts by @TwentyOne_37

[Community-bound Tokens @communitybound_]

This is what community-bound tokens are and what they are trying to solve

👇🧐

[Nico Gallardo @nicnode]

Governance and reputation for onchain communities is broken 💔

This is how we want to fix it (and how, together with @ChaffieRN and @TwentyOne_37, we became finalists at @ETHGlobal Paris!)

We've been observing web3 communities and DAOs for a bit, so this is what we came up with

[Troops @gmTroops]

It's time!

We've now deployed $RANK - a @communitybound_ for the Alpha Troop, to compensate early contributors of Troops.

Add it to your wallet on Scroll with this contract: 0xc7E51713261d49626d44A1e66c49Bf75Dd71EB9F

The Alpha Troop is invite only, reach out if you want in!

[Community-bound Tokens @communitybound_]

No token

No community

[Wildcat Labs @WildcatFi]

No token

No community

[Community-bound Tokens @communitybound_]

we’re hearing CBTs are coming soon to @gmTroops ?!?!

[Nico Gallardo @nicnode]

Reputation

We cannot rely on people to track which member is contributing the most and with the best quality.

We can use cryptographic primitives like SBT badges, or @communitybound_ tokens to measure contributions and even use this as a more efficient way to govern DAOs.

[Community-bound Tokens @communitybound_]

@fileverse @gitcoin much love frens 💛

[Fileverse @fileverse]

From @gitcoin Donooor, to an successful experience as a Gitcoin Grantee.. we're now back as Donors! And who knows, maybe soon Fileverse Grantoooor 💃🔥

💌Sending over some Fileverse smiles & donations to all our beloved projects that continue to push our whole industry forward and resisting the slippery slope of centralisation & privacy abuse. As usual, and since GR3, we’re here to donate; but this time, we’re also here to help if any one of you need some advice, brainstorming, beta testing, or chess lessons👇

@trueblocks
@otterscan
ether.js (@ricmoo)
@torproject
@ProtocolGuild
@beaconcha_in
@communitybound_
@UmbraCash
@eth_limo
@RhinoReviews
@PunkDomains
@commonsstack
@rotkiapp
@l2beat
@wagmi_sh

@Giveth & @RevokeCash, we didn't manage to make the donation, we'll try again

@officer_secret are you not participating this time?

💛 to some Gitcoin people we've interacted with anonymously and publicly @joe @krrisis @BenWest @owocki @notscottmoore. God speed.

We'll do another round towards the end of #GR18. DM your github if you're an OSS grantee and need some extra 💌

[Community-bound Tokens @communitybound_]

@curto_05 @LaDAO_Club @fruteroclub genios

[Anna @alea_eth]

Communities are changing the way I see products & utility.

Moving away from “solving a real problem” and “building a sustainable business” to building emotional utility.

(Disclaimer: as an ex-PM, I have been indoctrinated to think in terms of pains & gains, so this hurts😅)

What if the only true purpose of any community-built product is to:

• Proliferate the ideas & values of the community
• Strengthen member identity & belonging
• Solidify bonds between members

Meaning:

Build products to make the community stronger.

In other words:

Community becomes the utility.

And the product serves the community.

What's your take?

[Community-bound Tokens @communitybound_]

@0xAMC @ETHGlobal @fruteroclub @LaDAO_Club @optimismFND @ourZORA @safe 🫡🫡🫡

[Community-bound Tokens @communitybound_]

a team who submitted an @ETHGlobal project to the Superhack used CBTs for their idea!

we’re super happy to see more and more teams and communities getting inspired and excited about our project

thanks a lot @0xAMC @elcristiancamil ⚡️

[Nico Gallardo @nicnode]

I need help crafting a Community Pulse Check to diagnose communities.

it's meant to be a self-assessment + give us some input for feedback about what they should keep doing and what they could do better.

gimme a ⛑️ and I'll send you a first draft!

[Community-bound Tokens @communitybound_]

@ETHRome @0xMeTony @m0zrt @Eito_Miyamura @radoslav11 @ac_crypto @LucasEge @manujmishra_ @davnej_ @Azioth_ @0x_arcadia @Idriss_Cornu @nicnode @ChaffieRN @TwentyOne_37 🫡🫡🫡

[ETHRome 🇮🇹 @ETHRome]

@0xMeTony @m0zrt @Eito_Miyamura @radoslav11 @ac_crypto @LucasEge @manujmishra_ @davnej_ @Azioth_ @0x_arcadia @Idriss_Cornu @communitybound_: tokens that can only be transferred among members of a #community, used for reputation, community merit based #governance, opt-in social credit score, coordination games or engagement scores.

https://t.co/iDS6upcASe

by @nicnode, @ChaffieRN, @twentyone_37

[Community-bound Tokens @communitybound_]

@tokengineering @cryptoeconlab @akrtws @tecmns @EthCC @eco @gitcoin @pgn_eth @ETHGlobal Thanks a lot for featuring us!

We’re going to continue with the project and would love to get some input from TE folks !!

[Token Engineering Academy @tokengineering]

@cryptoeconlab @akrtws @tecmns @EthCC @eco @gitcoin @pgn_eth Check out the 13 ETHGlobal Paris hackathon finalists (from 321 submissions), especially @communitybound_, community-bound tokens that can only be transferred among members for reputation, community merit scores, and coordination games. @ETHGlobal

https://t.co/Hph0MYhEiA

[Nico Gallardo @nicnode]

People who think that because an organisation has governance it's a DAO ☠️

[Anna @alea_eth]

Prediction: Group chats are next gen MVPs.

I am part of several group chats with less than 20 members.

One monthly call.

That’s it.

My favorite type of community so far.

You build real relationships, centered around shared interests.

You learn from each other.

And in some cases: You collectively dream about things, and make that happen.

A great way for builders to test whether 'there is something there".

→ Even if the result is "nothing" you have built bonds with interesting people.

→ If there is "something", you scale the effort.

As product studios incubate different products, community studios will incubate different communities.

Don’t fade what is happening in group chats.

Some will move mountains.

Also, if anyone wants to start one around original content or community, let's make it happen🫡

[For Web3 @forweb3media]

🫂Community-bound

@communitybound_
can only be exchanged within the community, serving multiple purposes such as reputation, merit-based governance, opt-in social credit score, co-ord games & engagement scores

Team: @nicnode, @ChaffieRN , @twentyone_37

https://t.co/Ifb9hmJMSm

[Joanna ✨️ csjoanna.eth @jojoliciosa]

Reputation is currency.

Use it wisely.

[Community-bound Tokens @communitybound_]

it’s been a blast!

thank you for hosting such an amazing hackathon, the location was truly inspiring and we hope it becomes the crib of many other value-exchange evolutions

⚡️⚡️⚡️

[ETHGlobal @ETHGlobal]

Our ETHGlobal Paris Recap is here! 🗞️

Relive an unforgettable four days with us in our brand new blog post:
https://t.co/nEq6VypE1f