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Getting DAOn to Business
Yahya from Layer3 & Sarah from Layer3
April 01, 2022
What’s up Layer3 community and contributooorrs. It’s time for us to bring you up to speed on all things Layer3.
Featured Contests 💰
Work your way up that leaderboard! Loads more contests live on Layer3 right now - so whatever your specialty, start earning crypto by doing sh*t.
Are you an Instagram Creator? Do you believe music NFTs will transform the music industry? If so - MODA DAO, who're pioneering all things "Music3", need your help!
📝 Instructions: Create an engaging IG post that will help to educate all types of people around "Music3"
✨ Reward: 50 $MODA or $147 at today’s prices.
Ok this one's a heavy hitter. Dune and Aave have allocated 33 $AAVE (that's $6,000!) to this contest. They'll be picking 3 winners, so if you're a Dune Wizard - what are you waiting for?!
📝 Instructions: create a dashboard on Dune focusing on the borrowing and lending side of Aave
✨ 1st Place Reward: 16 $AAVE or $2900 at today’s prices.
Algorand stablecoin project xBacked need help translating their docs! If you speak one of the 10 languages they've asked for - bag yourself a nice $USDC reward.
📝 Instructions: Translate the xBacked Litepaper
✨ Reward: 200 $USDC
Featured Submissions 👩💻
Appreciating the legendary Layer3 contributors who brought the 🔥 this week.
Global Coin Research asked Layer3 Contributors to take their Logo to their favourite local place IRL. Superstar contributor honte.eth suggested their university campus in Valencia!
🤝 @layer3xyz
Spain - Valencia
I recommend you visiting my university campus. It’s like a mini city 🤯— honte.eth 777 (🌿,🌿) (@Hontecilllas)
7:55 PM • Mar 30, 2022
Compound asked for tweet threads explaining what they're all about - here's the winning contribution from cleyfe.eth who took home 2 $COMP worth $320 at today's prices!
DeFi is great. But it’ll be even better when it’s widely used. We need well-designed, utility-oriented apps for massive adoption to happen. I repeat. Well-designed. Utility-oriented.
Here comes #Compound Treasury. A simple explanation 👇
@compoundfinance $COMP— cleyfe.eth (@CleyfeETH)
5:25 PM • Mar 21, 2022
What we've been BUIDLing 🏗️
The section of the newsletter dedicated to the real heroes of Layer3 aka the devs 👑
ICYMI - we shipped this. An "Early Express" NFT drop, instantly claimable for anyone who interacted with our viral tweet. Web2 🤝 Web3.
One day we won’t be early –– so we made this.
Introducing the Layer3 Early Express Card –– a (completely free) NFT for members of our community who participated in a recent @layer3xyz bounty.
Check it out 👇
— Layer3 (@layer3xyz)
6:54 PM • Mar 30, 2022
The engineering team are also continuing to build Projects. Soon on Layer3 you'll be able find 1:1 matched projects that perfectly suit your skills, and find long-term, high-impact way to contribute to web3 communities.
Stay up to speed on what we're building...
Take a look at our roadmap to see what we've been cooking at Layer3 - and a preview of what's coming next!
And if you want to help decide what we ship next...
You can submit a feature request here - and vote on your favourites! Some top community requests have already made it onto our roadmap.
Community Spotlight 🔍
A weekly spotlight on some of our favorite DAOs, communities, and L3 community contributors
🎸 Vibing with MODA DAO
MODA DAO is a DAO dedicated to bringing “Music3” to the masses, and is currently working with artists like Deadmau5 to onboard more musicians into web3. MODA DAO’s decentralized network aims to bring value to artists, creators, and superfans, all while subverting the broken paradigms of the traditional music industry.
What’s their mission?
MODA DAO is dedicated to powering the future of music ownership, publishing, and licensing via NFT standards, decentralized governance and automated finance. With a core team that has over 50+ years of combined experience across blockchain and music, MODA DAO is one to watch!
Token: $MODA
Learn more and get involved
See their full contest board on our site here
L3 Power User Feature
Our power user feature is back! This week, we interviewed Javi, an integral contributor who’s been with us since our alpha, and is always offering us awesome suggestions on how to improve our product (P.S. you can do the same here).
1. What's your web3 story?
I invested for the in crypto for the first time in 2017-18, back then I saw a very strong economic proposition, but that was it. I didn't see a social component to it, there were hardly any communities and most of them were focused on IT and coding. During mid-2021, through Twitter, Discord and close friends, I started to see a strong social movement that I could no longer ignore and decided to go down the Web3 rabbit hole, mainly through Layer3, the community I was most involved with.
2. How'd you get started with Layer3?
Through Twitter, I saw a close friend of mine writing about different DAOs, and I decided to ask him how he was doing so. That's when I discovered Layer3. Winning my first contest was a great feeling, although that wasn't the only positive aspect I got out of Layer3 - after a few months of using Layer3 I realized how much I improved certain skills and how my knowledge about Web3 and crypto improved.
3. Is there an element you believe that every DAO or web3 community should have?
Communication. There must be constant communication between the core team and the community. Web2 has shown that very little consideration is given to the community/workers when making decisions. In Web3 you have to get that idea out of your head: be communicative with the core team, express your opinion, be critical and constructive, help them build.
4. How has Layer3 enabled you to contribute to different communities?
Every week Layer3 has added new contests from different DAOs. This gave me more variety in choosing which projects I could contribute to, and the ability to find ones that suited my profile best.
Meme of the Week
Want to to get your hands on some Layer3 merch?
