The passive investing movement is central to my cryptocurrency journey. My preferred approach is to make long-term strategic allocations, preferably delegating to expert traders, while occasionally setting aside a small portion of the capital for tactical allocations.
This approach gives me a lot of time, so this time last year I started venturing into the world of writing and research to monetize my time and experience with Web3. As a power user, I felt I could offer a lot of valuable perspectives to the right audience.
However, after experimenting with different blog/newsletter platforms, I found the barriers to entry in this space too high to start monetizing right away.
Let’s face it. Starting a blog is easy, but monetizing it requires time and consistency to build your reputation and social following. Even if the jurisdiction is not restricted by the platform or its partner providing the payment rail.
Naturally, my next stop was Web2’s freelance marketplace. The Web3 topic offered me an instant monetization opportunity, but if you just bid on a job with no reputation, you’re just living in a fool’s paradise.
That said, when my patience paid off, I was surprised to find that the brokerage costs in these markets are very high. You can feel the taste.
The worst part was that I couldn’t even withdraw my earnings immediately. There were issues to overcome such as documentation, minimum withdrawal amount and frequency.
Around January 2023, I had pretty much given up on my goal of immediately monetizing my time and experience with Web3. I realized that this is a long hill to climb, and while I can achieve great success, the barriers that hold me back are just as impossible.
And then, like a divine intervention, I stumbled upon Dean’s list. With them he spent two months and I am happy to report that I have achieved my goals. In fact, my time spent in this ecosystem has been one of the most rewarding, both intellectually and financially.
strange? Want to know more about Dean’s List? what is that? where is it? what do they do? How much dough have you made? How can I participate? Let’s check.
Dean’s List is, in its simplest form, a group of people around the world who share the common trait of being Web3 power users. A power user is someone who understands the blockchain world and interacts with various protocols on a daily basis.
Based on their common interests, this collective formed a Decentralized Autonomous Organization (DAO).
Anyone can become part of the DAO by purchasing a membership, no need to earn reputation before earning. If what you offer is valid, it will be paid.
The business model is B2B and DAO services other projects across three main areas:
- get better (feedback)
- Grow Better (Marketing)
- Develop a better strategy (advice)
Less than a year old, the DAO has generated $41,000 in revenue and has paid $19,000 to contributors to date (less than $1 in fees).
Payment is determined by the quality of the work submitted, and anyone can be a grader as long as they rely on established procedures for quality control (no centralized body making decisions here). Here’s a map of where these payments have gone globally.
In addition to this, contributors who participate in the day-to-day operations of the DAO itself and its future growth are also heavily rewarded. Here are some interesting metrics:
Financial management and overall decision-making is done in a transparent way thanks to Solana blockchain’s excellent DAO tools, so every $ is accountable, verifiable and consensus-infused. 35% of all proceeds will go to the Community Management Treasury which will be utilized for the continued growth of the DAO. Weekly meetings to determine strategic and operational direction. Here’s a snapshot of what we’re vibrating at our weekly DAO calls.
Going forward, the DAO will transition to a digital network nation with a citizenship cap of 100. This is not only a nomenclature change, but a big step in positioning DAOs in a physical dimension (not just digital networks). 1) Ground presence. In that regard, work has begun to identify jurisdictions where workshops leading to a permanent physical presence will be held.
Plenty of volume and variety if you ask. Some broad categories are:
- User feedback
- documentation
- write in
- marketing
- design elements
- video development
- SEO
- advisory
- technology development
While maintaining the core ethos of focusing on a limited number of services, DAO is prepared to respond to changing market dynamics. This means that new workspaces may be added to the three main verticals at any time.
This is a collection of Dean’s List Citizens flexing about the numbers from the last payment (this is not an attempt to fool you, as everything is verifiable on-chain).
With a $95,000 contract already signed by June 2023, there are plenty of jobs available. There’s no reason to take this lightly, as membership is paltry compared to the amount of money you could potentially earn.
There are currently two ways to become a citizen.
- Visit the Web3 e-commerce store to purchase your Citizenship Pass. This is a one-time fee. When you purchase One of Us, you’ll receive an invite link to our very exclusive Discord server and base of all operations.
- Visit Tensor and purchase one of our NFTs. Post your new NFT on Twitter from your profile and tag @deanslistDAO with a message that it’s waiting to launch. One of our girlfriends will contact you about next steps.
You can find all related links here.
The evolution of work, like the evolution of all things, should be more inclusive, frictionless, fair, transparent and democratic. If history has taught us anything, it’s that throwing out the old and embracing the new is synonymous with throwing out what doesn’t work and replacing it with what works.
In this regard, Dean’s List is an interesting social experiment that pushes the boundaries of work as we know it.
cheers,
Ahmed