Web3’s Strongest Communities Continue to Evolve

The power of community engagement is one of the driving forces behind the web3 industry and blockchain technology as a whole. Active communities allow projects to grow and develop organically when done correctly by fostering a group of people under a common theme or idea.

With the use of governance tokens and DAOs, teams can listen to their members effectively and allow them to build out their projects with a vision that is shared by everybody involved. This type of relationship is unique to web3 businesses and is something that is still evolving with recent announcements from Moonbirds and the Bored Ape Yacht Club.

Moonbirds DAO

In an effort to evolve the Moonbirds, PROOF has announced the establishment of the Moonbirds DAO which is designed to help elevate creative projects that improve the Moonbirds brand. 

Today we shared an overview of what the @moonbirds DAO will look like. Let’s recap: 🧵👇

— Moonbirds (🦉, 🥃) (@moonbirds) October 3, 2022

• Treasury

One of the first things that the Moonbirds DAO will do is create a treasury filled with a growing collection of Moonbird tokens. According to a tweet by Moonbirds, PROOF has decided that they will acquire approximately 44 Moonbirds over a slow course of time to help bolster the collection’s value. 

To manage this treasury, the Moonbirds team has developed a voting mechanism within their DAO which will allow all Moonbird and Mythics holders to vote and voice their opinions on different proposals. They will also be allowed to make proposals, further adding to the community’s ability to focus the direction of Moonbirds as a whole. 

• Trademark Rights

A key feature of the new Moonbirds DAO is how it will apply its Moonbird trademark to new and upcoming projects which are different from the artwork that was granted CC0 status in mid-summer. 

Due to Moonbird’s large network with PROOF and other major web3 communities, the Moonbird name and trademark will create an impactful seal of approval for any new project that receives the distinction. 

BAYC Community Council 

The Bored Ape Yacht Club has also made an interesting pivot towards enhanced community engagement with their new 7 member council which sits some of the strongest members within the BAYC. 

Similar to the Moonbirds DAO, the BAYC council is designed to help promote the BAYC brand which has become the strongest web3 brand to date. With notable members such as Stephen Curry, Justin Beiber, Mark Cuban, Seth Green, and many more, the inclusion of a council means that the BAYC brand will begin to develop a stronger direction in order to maintain and elevate its value. 

BAYC Council Members:

• Josh Ong

• Sera 

• Laura Rod

• 0xEthan

• 0xWave

• Negi

• Peter Fang

Apes, we wouldn’t be where we are today without our incredible community. We’re excited to announce the first BAYC community council made up of 7 long standing proactive community members to work alongside us moving forward. 🧵below

— Bored Ape Yacht Club (@BoredApeYC) October 5, 2022

Leading the way for web3

As two of the leading NFT collections available on the Ethereum blockchain, Moonbirds and the Bored Ape Yacht Club are making enormous pushes for the future of web3 by seeing their communities begin to take new forms. 

Following their example of success, it is possible that we will begin seeing smaller communities such as Pudgy Penguins, Renga, and Goblintown take similar action to continue the growth of their web3 brands.