“It depends on who you are and what you’re trying to use the technology for. We can program our values into our money, so what kind of monetary systems do we want to be involved in? If you’re abusive and manipulative, you can build ponzi schemes. If you care about the environment and social good, you can build a system that reflects those values. Similarly, if you care about strong cryptography, you can build systems to support that…”
"Timely reaction to events on the Blockchain gives you an edge, whether you're a trader, investor, or seeking to prevent fraud and crime."
"The Blockchain technology is powerful, but it doesn't stop someone or huge powerful people from using it and to increase more damages in society, so we're building a tool that can either provide a better or a worse Society ever..."
"I'm really excited to see Investment DAOs become more of a thing and democratize investing for tons of people, which is hard to do in the real world, you have so many restrictions on who can invest in something and support founders, but I think in this way, this opportunity of upside allows more people to participate..."
"We would like to see more Africans benefit from web3 and the Metaverse, whether it's DeFi or NFT marketplaces; we have artists in Africa, and we want to see them connected and benefiting from these Global Trends, and that is our desire."
- Felix Macharia
It's more about education. The majority of people don't know and don't fully grasp what's happening, and the initial conversations I have with the majority of the brands I engage with go like, "can you come and give us a little bit of what you've seen or what you've experienced or what you've done and what that could potentially mean to us, right usually our engagement starts like that, and then we start diving deep into the misconceptions, into the potential, the possibilities..."
- Diego Borgo
"Tokens have proven that they're effective at bootstrapping early days. They've not proven to be effective at not only retaining but evolving with their community. Oftentimes with DAOs, there is no endpoint, so at what point does it not make sense anymore to hold the token, oftentimes thats when they stop incentivizing you by effectively paying you with token incentives, and so we need more than that, whether that's relationship-building or other types of utility in a DAO, you just need more than the token I'd say."
- Kinjal Shah
The nice thing about helping run DAO and seeing all the problems with it informs you why you should not be investing 99 of the space, which is unfortunate. The issues of the space are the opportunities of the space. I spent half of my time looking at this and thinking, none of this stuff works, this is not investible- like stay away, and then the other half of the time I think, oh, this is a huge opportunity because whoever solves this is going to be gigantic..."
- David Phelps
"Gitcoin is now a DAO, and we're still evolving and thinking about what that means. But fundamentally, what we're trying to do is actually, by Conway's Law, run the organization the same way that we are trying to run the rounds. If we are going to use Quadratic funding successfully, then the organization should mirror the same democratic processes that the tooling aspires to allow for..."
- Scott Moore
"If you're not afraid of taking risks, that doesn't mean that you always take risks right; if you take risks when it is rational to do so when the reward for taking that risk is justified, playing against a player who is correctly calibrated in how much risk to take and when to take that risk is the most challenging thing as a poker player, and the same thing is true in investing. The first investment I've made in my career is not writing a check but deciding to pursue Crypto with my career at a time when not many people were doing that right. That's the biggest bet I could possibly make with my life..."
- Haseeb Qureshi
“I believe DAO will affect creators and be a critical tool that they’re able to leverage; stepping back for a second, if you think of one of the kinds of core value propositions that Crypto initially enabled, especially with Ethereum, this idea of permissionless Capital formation, that anyone can come together and contribute Capital and time and energy into a given Mission or initiative or directive and DAOs have been a way to coordinate not only that Capital but these large communities…”
- Mason Nystrom
"Ultimately, the whole cliche term is the game has to be good for it to be something that people want to play, regardless of if it is Web2 or Web3."
— Bryce Johnson
“Web2 taught app builders that apps can have 24/7 access to your data... but our data represents an extension of us, it deserves the level of consent we extend to our bodies.”
— Evin McMullen
“I’m one of the three founders of Kickstarter; we were inspired to allow creators to fund projects without a middleman’s approval."
— Yancey Strickler
"I'm into DAOs trying to make the world a better place and actually solve problems that other structures cannot solve."
— Griff Green
“We are in the middle of a digital art renaissance. It's the first time in history there is a structure, a system to actually own digital art."
— Kenny Schachter
“Ethereum and blockchains in general as open access and permissionless networks allow the onboarding of global creativity.”
— Colborn Bell
“Now a lot of the focus in web3 when it comes to building apps for consumers tends to go more on the UI/UX.”
— Jad Esber
NEWFORUM is a community of visionaries, creators and investors focused on fostering the expansion of decentralized metaverse and web3. It provides a safe space for thinkers to communicate, inform and share ideas in order to ensure the conscious and ethical growth of a new web, embedding the values of care, freedom and creativity.