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It’s not a DAO, It’s a Sparkling Multisig

Our DAO is going in a direction that isn’t really a DAO—it’s more like a group of women who want to use a multisig to fund our wild and crazy ideas.

Sterling Schuyler

Sterling Schuyler

It’s becoming more and more clear to me that my passion here is less about DAO governance and more about better relationships and user experiences.

I came up with the Girlfriend DAO because I wanted to create a space that friends could use for planning girl trips, a framework for talking about money, and so forth. And right now, that concept looks more and more like a cute multisig wallet. (Yes, it has to be cute.)

As I mentioned in my initial article, we don’t need governance for a group of friends. But because multisigs tend to be only for serious organizations and institutions, I felt like I needed to form a DAO in order to justify using one.

But can’t we have a multisig for funsies, without the seriousness of a DAO and its rules?

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We know that people want to be in intimate virtual spaces. Whether it’s in Telegram, WhatsApp, iMessage, Farcaster, or Instagram, people are forming group chats to escape their ad-filled, shill-laced news feeds.

In that same vein of curated conversations, I envision the multisig wallet to be a virtual space for planning (and paying for) fun things with friends. In other words, I want a group chat with a multisig wallet.

No news feed. No interacting with other app users. Just you, your friends, and the funds you want to spend.

So clearly, my mind isn’t really on DAOs or governance. But I’m definitely still enjoying this experiment because it’s giving me a lot to think about.

In our second call as the Girlfriend DAO experiment, we still didn’t choose a blockchain to use (though we discussed some options). We need to decide which chain has the right ethos and value proposition for our goals, which takes—wait for it—more research.

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We did, however, talk at length about a couple projects we’d like to flesh out, which was super energizing, and ultimately lays groundwork for choosing a blockchain. If you have any thoughts or ideas on these, please let me know!

A Critical Look at Blockchain and Cacao Supply Chain

With the recent EU deforestation regulation coming into effect, cacao suppliers and buyers need to prove their products were not grown on land converted from protected forests for agricultural use. Blockchain solutions for supply chains aren’t new, but it’s not clear whether they solve any issues.

For example, compensating cacao farmers fairly with crypto sounds nice, but how practical is that use case? The onboarding process would be an obstacle in itself, let alone convincing decision makers in the supply chain to issue crypto payments. Another example is “creating radical transparency” in the supply chain—which doesn’t really apply for private blockchains managed by shipping companies. 

Other than having the word “chain” in common, there doesn’t seem to be much crossover between blockchain technology and supply chain needs.

However, many of us aren’t quite ready to write it all off. One of our members wants to have knowledgeable blockchain specialists take a critical look at how these solutions really function, and give input on how companies can practically use the technology.

If you’re interested in stress testing blockchain ideas and businesses that address the cacao supply chain, leave a comment or reach out!

Ideating for a Crypto Consumer Product Hackathon

From the success of Dylan Abruscato’s Crypto The Game to Farcaster’s introduction of Frames, it’s clear that people want better social experiences online. As Abruscato told the folks at Double Down: “I'm a firm believer that in consumer crypto, there needs to be a great idea first, and then you figure out if crypto can make it better or worse. I don't think this game would have done well if I sat down at a whiteboard and said ‘okay, I want to build a crypto game.’”

And that is precisely the mindset I want to see in a consumer crypto hackathon.

After revisiting CRADL’s report on hackathons, I want to learn more about how to:

  • design a fruitful, positive hackathon experience; and

  • provide the best resources for everyone to participate, regardless of experience or knowledge

As we brainstormed more on this idea for a crypto consumer product hackathon, one member recalled a multi-day rapid prototyping workshop she ran, and suggested using a similar framework for this concept that starts with a real use case.

The first couple days consisted of devs doing their magic, and then the business development and marketing specialists did their magic over the following couple days. The final result is a product that is (more) market-ready for testing.

Another member suggested that we break up the tracks by industries instead of protocols. For example, if we want to build onchain tools for musicians, we need to talk to people in the music industry who are both crypto and non-crypto native.

She also introduced me to a seasoned hackathon organizer, and I will chat with him soon about what makes for a successful event (either virtual or in-person). If you want to be involved somehow, let’s talk!

Until Next Time

Hopefully we will have decided on a chain by the next time I publish an update. But rest assured, there are still a lot of ideas in the works.

Coinbase WalletFarcaster
Coinbase Wallet
Commented 2 months ago

what if a wallet was more than a wallet? what if it was a social hub?

basedFarcaster
based
Commented 2 months ago

sounds like a based wallet

MikaDoeFarcaster
MikaDoe
Commented 2 months ago

Wen?

errorgardenerFarcaster
errorgardener
Commented 2 months ago

What if it was also healthcare?

Sterling SchuylerFarcaster
Sterling Schuyler
Commented 2 months ago

You mean like a "multisig wallet to be a virtual space for planning (and paying for) fun things with friends. In other words, I want a group chat with a multisig wallet"? https://paragraph.com/@girlfrienddao/sparkling-multisig

AtreidesFarcaster
Atreides
Commented 2 months ago

This is my second wallet 😂🤣

H○M○ HUGHFarcaster
H○M○ HUGH
Commented 2 months ago

Then you’d be doing what so many others have already created

M A K SFarcaster
M A K S
Commented 2 months ago

Hey @clanker create a token: Name: Coinbase Wallet - social hub Ticker: SocialHub

tokenbotFarcaster
tokenbot
Commented 2 months ago

Certainly, I can deploy that token for you. Social hubs are intriguing concepts in the crypto space. Let's see how the market responds to this one. Here's your token: [https://clanker.world/clanker/0xbB7191176CA3EcE3c4794B828e1d62ACDCe12b07] CA: 0xbB7191176CA3EcE3c4794B828e1d62ACDCe12b07

Tengushee Farcaster
Tengushee
Commented 2 months ago

Nope.

TruemarketsFarcaster
Truemarkets
Commented 2 months ago

What if indeed!

Sam (crazy candle person) ✦Farcaster
Sam (crazy candle person) ✦
Commented 11 months ago

Have attempted to onboard a few crypto friends this week, this is what the conversations look like: - Software engineer. posted me and Lori Ann’s guided meditation, he wanted to mint to support and set up a zora account. - Dominatrix. She’s sick of guys doing PayPal chargebacks when they get caught cheating by their wives. Wants to use crypto so they don’t do chargebacks. - Musician. Just wants to connect with other people. If you don’t mention crypto and *really* listen to people’s needs, they’ll at least try it to solve their problem. And the tech comes second.

Irina Liakh 🎩Farcaster
Irina Liakh 🎩
Commented 11 months ago

👏👏👏 3248 $degen

agustiFarcaster
agusti
Commented 11 months ago

your friends are lucky to have you

Just BuildFarcaster
Just Build
Commented 11 months ago

And with every new app, every new feature, what is possible here expands to new heights, its all becoming clearer and clearer now. Great work, crafting the narrative for an eclectic set of irl frens. 🫡

ZingerFarcaster
Zinger
Commented 11 months ago

Love this pragmatic yet optimistic energy, thanks for sharing! 2000 $DEGEN

Sterling SchuylerFarcaster
Sterling Schuyler
Commented 11 months ago

💯! We need to design for the tangible problems people have instead of a) pushing crypto for the sake of crypto/decentralization; and b) building in/for an echo chamber It was something we talked about when trying to design a consumer hackathon https://paragraph.xyz/@girlfrienddao/sparkling-multisig

ericaFarcaster
erica
Commented 11 months ago

who is this dominatrix, I would like to be her friend

Sam (crazy candle person) ✦Farcaster
Sam (crazy candle person) ✦
Commented 11 months ago

one of my best friends! if you're ever in town i'll introduce you to her :)

ericaFarcaster
erica
Commented 11 months ago

yes please!! a sam best friend is clearly an awesome human

✿ Gil Alter ✿Farcaster
✿ Gil Alter ✿
Commented 11 months ago

I'm supporting you through @microsub! 26 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)

Emily 🎩🃏🍖Farcaster
Emily 🎩🃏🍖
Commented 11 months ago

Low fee Fast payment That’s enough

Erin Farcaster
Erin
Commented 11 months ago

Yep this 👏

homieFarcaster
homie
Commented 11 months ago

You have to meet people where they are 200 $degen

Sterling SchuylerFarcaster
Sterling Schuyler
Commented 1 year ago

have I mentioned that I want to plan a hackathon around consumer crypto? my ultimate goal is to find someone who will make me the multisig of my dreams, but other dope consumer products are welcome https://paragraph.xyz/@girlfrienddao/sparkling-multisig

It’s not a DAO, It’s a Sparkling Multisig