Community Archives - IdeaEconomy.net

Token-Gated Communities

“What are Token-Gated Communities? How do the work? What are the risks and opportinities to build a web3 business?”

Trends.vc has a large collection of links and examples covering Token-Gated Communities.

Why It Matters

Token-gated communities align incentives.

Problem

Traditional communities suffer from noise, spam and other extractive behaviors.

Solution

Token-gated communities build deep alignment between members.

Members are incentivized to protect and add value.

From Minimal Viable Product to Minimal Viable Community

From Minimal Viable Product to Minimal Viable Community

“Web3 has flattened the power hierarchy and changed the dynamics of the network. Consumers aren’t just buyers in the market — they’re shareholders. They now care about the well-being of the companies they buy from, even if it’s a startup.”

“The buying process isn’t as simple anymore. If consumers want a product from a promising web3 initiative, they’ll need to acquire products by investing in the project.

So now, the firm isn’t at the top of the buyer-seller relationship. They aren’t cutting-out consumers from development, selling them a basic product, then tinkering with the product until it reaches the consumer’s standards. Rather, they’re integrating the consumer in the development process. As a result, the Minimal Viable Product ethos is being thrown out the window.

Enter Minimal Viable Community: A concept linked to grassroots initiatives. You could think of it as crowdsourcing. It’s all about curating community and inspiring a community-owned business model in the new and improved web3 firm.

It isn’t as easy anymore for startups. They can’t just target the consumer’s needs; They need to involve the consumer, the developer, and the creator in the company’s processes and decision-making. Building a Minimal Viable Community is all about rethinking the “we” mentality in the business ecosystem.”

The New Creator Manifesto

Gina Bianchini, CEO of Mighty Networks, discusses the burnout and frustration creators are going through to keep up with the treadmill of creating content every day.

Big Idea: Forget the creator economy, a community economy can be much more sustainable.

You don’t need thousands of people in a community to make a living. Whereas, you need millions of followers to make money on the big platforms.

Should You Have an Online Community for Your Customers?

The Unlimited Potential of Web3 with Alexis Ohanian

“Alexis Ohanian (@alexisohanian), Founder of Reddit and Seven Seven Six joins the show to share his early lessons from Reddit, stories from Y Combinator, and why he’s betting big on Web3 communities and technologies.”

“The minimum viable community is going to become the new standard… Everyone is overwhelmed with options and attention is scarce as a result. and one of the best moats for that is community.”