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Peterpandam
@peterpandam
how r we gonna get more people to join this cult
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wylin💎↑
@wylin
become a mission focused DAO, the PR firm of crypto. public benefit over private benefit focus our efforts on attracting public impact projects like the playground, the school, skatepark & basketball court restorations, scholarships for high school & college blockchain developers translate the speculative fervor of crypto into real world impact
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Michael Gingras (lilfrog)
@frog
The problem with this direction is I don’t know why this makes sense as the PR firm of crypto. All of this could and have been accomplished with a regular charitable org. Question is — why nouns? What’s uniquely capable through nouns? I agree with the spirit of public over private benefit, but think there needs to be a unique twist that’s different from a regular old charity giving scholarships or slapping their name on a park.
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Michael Gingras (lilfrog)
@frog
I think this is still public good. If done correctly, giving to overlooked subcultures encourages diversity of interests, plays into the crypto side of doing things differently, independently, against the grain. To be cheesy it’s “creating more smiles” in these subgroups that otherwise don’t really have a chance of anyone taking them seriously. (someone from nouns said something like this and I like it as a mission, not sure who to credit though)
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wylin💎↑
@wylin
i deeply agree with this thesis. personally am very bearish on the ability to raise meaningful capital independent of crypto boom-bust cycles without charitable designation both encouraging capital inflows and serving as a hard check against the private benefit of insiders
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wylin💎↑
@wylin
if these subcultures already struggle to get funding, there’s not much reason to think their excitement will generate capital inflows imo we’ve already seen with esports that once you open up the faucet to a subculture, many groups within that subculture will shoot their shot. have we seen an ROI there? personally don’t think so the tax benefits of charitable designation opens up perpetual incentives for capital inflow, and like i shared in the 501c3 presentation to Nouncil, you can even do stuff like Magic the Gathering kits as a charity, so plenty of room to support subcultures as long as the proposals are framed the right way
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