From 7ed8ffbc7538548680995466cec90016e4dd075e Mon Sep 17 00:00:00 2001 From: peth-yursick <55857222+peth-yursick@users.noreply.github.com> Date: Tue, 26 May 2020 13:50:31 +0200 Subject: [PATCH] Add files via upload --- docs/handbook/way-of-web3-founders.md | 79 +++++++++++++++++++++++++++ 1 file changed, 79 insertions(+) create mode 100644 docs/handbook/way-of-web3-founders.md diff --git a/docs/handbook/way-of-web3-founders.md b/docs/handbook/way-of-web3-founders.md new file mode 100644 index 00000000..8b3b0342 --- /dev/null +++ b/docs/handbook/way-of-web3-founders.md @@ -0,0 +1,79 @@ + +# The Way of Web3 Founding Freelancers + +## **“Safe career”** + +There was a time when a person’s career was spent at one company, climbing the ladder & feeling secure in the notion that retirement was there for them. Looking neither safe nor rewarding, that path is just not the norm these days. + +These days, people jump between companies, seeking novelty and gathering experience & skills, building their CV in search of advancement, or stockpiling resources to build their own thing. + +We can only speculate on why that is: + +- Those safe career/life paths may no longer be that safe. +- Recent generations are restless & don’t settle as easily. +- It’s getting cheaper & cheaper to do your own thing. + + +The truth is probably a combination of the above, but I’m going to go ahead and put emphasis on the last bit. + +Cost of building companies pre-internet or early-internet, vs. now, was 10x-100x higher. +Of course I came up with the number on the spot, but think about it: + +- Building a brick & mortar store? $100k _might_ do. +- Building an early-internet company? The computers were super-expensive, you needed to build your own servers… Let’s kid ourselves and say you could have done it all for $10k. +- Online? You can build a storefront with drop-shipping for under $1k, or even free if you’ll have it hosted on sites like Etsy or eBay. + + +[![](https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7b0a2888-53a3-4f2d-8dbf-921c83337517_1200x841.jpeg)](https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7b0a2888-53a3-4f2d-8dbf-921c83337517_1200x841.jpeg) + +## **Two Other Options** + +Enabled by the widespread adoption of the computer & the internet, two other paths have experienced a resurgence: + +- Freelancing & founding + + +These paths existed long before the internet, what gave them fresh appeal is the above mentioned drop in costs of starting a company & the about to be mentioned, location independence enabled by the widespread use of computers & internet. + +Anyhow, these roads tend to overlap, as a lot of freelancers will tell you their main passion is that project they’re working on in their free time or that podcast they’re running on the side. + +## **Enter The DAO** + +Decentralized autonomous organization, as a concept, have now been around for a while. In practice, we’re only now getting a glimpse at them - the ones that work. + +As it currently stands, the most fully functional ones are the ones that are intended for running decentralized funds, such as the [MolochDAO/DAOHaus/Pokemol](https://medium.com/odyssy/one-pokemol-to-rule-them-all-adb65129953e). + +To make more use-cases possible, we will need tools like [Colony](https://colony.io/) to allow us to actually manage work & reward allocation, and a reputation system inside your decentralized organization. + +Other notable frameworks for running DAOs are Aragon & DAOstack, but let us get into more detail comparing all of these in some future article, and move back to the main point. + +_These magical tools for building DAOs will make it orders of magnitude cheaper, faster & easier to launch & manage organizations of any kind._ + +This should enable people on opposite sides of the world, who don’t necessarily even trust each other - _**to build companies together, over the internet.**_ + +- It’s not surprising this blows your mind, what’s surprising is that it doesn’t blow _everyone’s_ mind. + + +[![Image result for mind blown gif](https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_lossy/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F60958cad-f595-4c5d-b6dc-8faead414d69_350x233.gif)](https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F60958cad-f595-4c5d-b6dc-8faead414d69_350x233.gif) + +## **The Roads Become One 😱** + +So, what we got is: + +- The emergence of tools for building & running companies digitally & without any central authorities; +- Driving down the cost of starting companies, +- Taking the cost of participating in building companies down with it. + + +You can start to imagine people “freelancing” from organization to organization, earning a bit of ownership anywhere they go - all the while having a company that they’ve started running in parallel, being built by other freelancers. + +> The paths of a “freelancer” and a “business owner” become one - magic. + +Another thing you get is freelancers starting to form decentralized units & unions, one such organism is the [Raid Guild](https://raidguild.org/). A decentralized workshop providing pretty much anything from consulting to design, development and marketing - formed by the members of the MetaCartel. + +## **Possible side effects** + +- The freelancer feels less lonely & isolated. +- The business owner feels more freedom. +- They’re both able to say “fuck you!” to their landowners in San Francisco, because they’re living the dream in the [Web of Opportunity](https://metagame.substack.com/p/narrative-2-the-web-of-opportunity). +- Random remote villages in the developing world prosper.