At the beginning of 2024, I launched the first article in this series where we introduced the idea of Community-As-A-Brand entities. In that article, I wrote about the origins behind these entities and why they are tipped to be the next-gen unicorns. More importantly, I shared about how we had designed and built @arcthecommunity to be such an entity.
Since then, much has happened. We closed our mint in March to focus on building. Then we shared with the community in April that we wanted to raise a round completely from within the community. The months after were filled with many 1-1 conversations with members as I shared more about the future plans for ARC.
Those conversations also led me to write this next piece in the series. In my meetings with the team and community, I often speak about the idea of community-led growth and how that is key for ARC. It is also the reason why we always prioritise community health as an always-on OKR and in this piece, I have tried my best to outline how you go from designing community-as-a-brand entities to activating them.
At ARC, we are creating an unprecedented kind of business model - a digital-first institution borne out of a highly-aligned community. I have always emphasised that we are not an NFT project, but an entity that is leveraging crypto and blockchain technologies to further our community and business goals. In that regard, our ambition does not sit merely within Web3. We strongly believe that by implementing the principles outlined in this article consistently, we will be able to build up revenue streams far beyond any traditional Web2 counterparts or similar community-centric entities in Web3. We hope you get to understand more of that ambition after reading this piece.
With the publishing of this new chapter, we are humbled to share that thanks to the support and belief that members have placed in us, we have closed our fundraise with more than USD4.5mil raised.
Beyond the amount, it is the fact that this was a round that was raised completely from within the community. It’s a genuine testament to the content I’ve covered here about our thinking behind ARC and what we have achieved thus far. They aren’t just theoretical principles about community-building but real-life executions we have implemented.
As always, I hope you find this a provocative read that challenges and informs your perspectives on communities and how they can be run.
The basic building blocks of Co-Museum:
Asset Backed Collectibles.
ABCs represent both the physical collectible and the underlying artwork, putting art back in the hands of the people.
Apart from making artifacts with significant cultural value more accessible to the public, it also creates an inherent emotional connection with the art pieces — amplifying its reach in the process.
This in turn opens up more opportunities for artists, museums and auction houses as well, as they can offer access to invaluable items for all art lovers, not just the top 1%.
What Co-Museum is building isn’t a project. It’s a movement.
The 🌟ARC Stellars' fam🌟 gathered to support fellow Stellar, Yi Ming, CEO of Tribe, at the 4th anniversary party of @tribex_co, a global ecosystem that connects tech talents to global opportunities! 🧵
Even in difficult changing times, my principles and dreams won’t change.
I am now 22 years into my lifetime plan focusing on one goal. Results will eventually quietly reveal my determination and ambition.
“What’s best about ARC is the growth mindset of learning and shaping ideas together. I’m looking forward to unveiling the next Asian creative venture to the world." - @JJ_Lin
https://t.co/V0ch2tFzQu
1/ We have partnered up with @Solanafm to introduce a brand new NFT trading experience ✨
Explore and trade NFTs that are listed on @MagicEden and bid on unlisted NFTs directly from @Solanafm! Take a look at all the features below or check them out here: https://t.co/RTIKv1B2oR
I’m thrilled to be joining @coinhako to build its venture arm with the inimitable @shobtc and Gerry Eng.
Hako Ventures is an early-stage crypto investment firm. We invest our own capital, and move fast when we’re excited.
We're honored to announce the closure of our angel round.
All investment proceeds will go towards scaling our infrastructure & growing our user base.
Stay tuned for our upcoming events🗓️...
https://t.co/eBjyMMcx6j
It’s a wrap! It was greatly inspiring to connect/reconnect with the community at Singapore Fintech Festival and Right Click + Save. Thank you for having @coinhako
From @Beeple to Warhol: A digital art exhibition in Singapore hopes to raise awareness around NFTs and engage new collectors.
@ossingerj takes a look at "Right Click + Save" by cryptocurrency exchange @coinhako and Appetite Sg
From Beeple to Warhol: A digital art exhibition in Singapore hopes to raise awareness around NFTs and engage new collectors.
@ossingerj takes a look at "Right Click + Save" by cryptocurrency exchange @coinhako and Appetite Sg
The world is evolving. Never would you expect having @mikeshinoda and @kathyjah taking the stage at @sgfintechfest talking about the convergence of #nft, finance and entertainment to a bunch of FIs. #wagmi