Making Bank offers an inside look into decentralized organizations in web3. Its goal is to showcase the people, ideas, and projects that keep us coming back for more. Each episode, we invite DAO members to join us for conversations about DAO life, the future of work, crypto, web3, and their journeys in this wild, weird and ultimately fascinating world of decentralization and new community structures.
In this episode, Droste hosts a discussion with Trewkat (Miss Katrina) and Adam Miller (The Thriller) about Black Flag DAO's new membership structure and legal entity formation. The conversation, originally recorded as a Twitter Space on February 18th, covers the transition from BanklessDAO, new membership tiers, staking requirements, and upcoming events. Key topics include the special membership opportunity for former BanklessDAO members (ending March 2nd, 2025), the formation of a Marshall Islands DAO LLC, and an upcoming social gathering with Chippi fam at EthDenver! Important Dates - Deadline for Discounted Staking: March 2nd, 2025 - ChippiCon and BlackFlag Social at EthDenver: February 26th, 2025 Timestamps [00:00] Show Introduction and Time-Sensitive Updates - March 2, 2025 discounted staking deadline for existing Level 1 BanklessDAO members [02:00] X Space intro banter and historical context with TheThriller (Adam Miller) [06:15] Background on Transition from BanklessDAO with Trewkat (Miss Katrina) [08:30] Staking Discount, Deadline and Rationale for returning members vs new members [11:00] New Member Criteria and Structure Details announced in January - Flag Curious: Entry Level Access (free) - Flag Raiser: 500 USDC Stake + Social Consensus - Flag Bearer: Advanced Membership Requirements + Voting Rights [16:30] Transition mechanism through March 2 for existing L1 members [20:00] Staking Mechanism and Pool Details [22:30] Historical Context and Governance [24:00] Related Community Projects and Updates [27:00] BCard x ChippiCon [28:30] Black Flag Initiative [30:00] Chippi children's book on Amazon, more Chippi talk [34:00] Legal Entity Formation with MiDAO [39:00] Community Impact and Evolution [41:00] Closing chatter [42:00] Note on How to DAO book by Kevin Owocki & Puncar [43:00] Wrap up Links and Resources https://x.com/BlackFlagDAO https://warpcast.com/~/channel/blackflag https://blackflagdao.notion.site/ https://www.chippicon.com/# https://linktr.ee/chippinft https://getbcard.io https://app.banklessacademy.com/newsletter https://warpcast.com/banklessacademy Presentation https://docs.google.com/presentation/d/1-2Dio4GaPW2vF8FNBFHXrS0cdOtmGk0Fy2fbu3GvKO4/edit?usp=sharing Announcements https://banklessdao.substack.com/p/bfd-bulletin-1 https://paragraph.xyz/@bfbulletin/black-flag-bulletin-2 Making Bank is produced independently on behalf of BlackFlag DAO
In this episode of Making Bank, host Droste leads a roundtable discussion exploring the evolving landscape of DAOs (Decentralized Autonomous Organizations), examining both successes and failures in the web3 space through the lens of organizational behavior and human coordination. Our distinguished guests bring perspectives from academia, development, governance, and community building: Meredith Lehman is a PhD student in organizational behavior at the University of Colorado Boulder, conducting qualitative research on DAOs as testing grounds for innovation in people-centered governance. Her work examines the changing landscape of work and organizational structures. Sean "Aphilos" Gonzalez brings experience from physics, startups, and community building, including founding Data Community DC. His work with Lobby3 and current projects focuses on applying web3 concepts to prevent plutocracy and increase democratic participation. Jaris James is the founder of DAO Space, a discovery engine for DAOs, and the Open Source People's Network (OSPN). As a data scientist and developer, he focuses on integrating AI tools to enhance DAO governance and community engagement. JengaJoJo, involved in DAOs since 2021, founded DAOplomats, a professional organization working with top web3 entities. His team of five spans the globe, currently working with ENS and Shutter. Guest Socials Meredith Lehman: https://www.linkedin.com/in/meredith-lehman-co/ Discord: @theredim TG: @mlehman Sean Gonzales aka Aphilos: https://x.com/SeanMGonzalez http://pharo.tech/ Jaris James: Discord: @jarisjames https://x.com/JarisJames https://www.daospace.ai/ https://x.com/daospace_ai JengaJoJo: https://x.com/Jengajojo https://x.com/daoplomats Timestamps 00:48 Introductions and guest backgrounds 06:10 Overview of Meredith's research and questions related to DAOs 09:45 Jaris on multiple DAO participation and burnout 11:30 Traditional vs DAO organizational structures 15:00 JengaJoJo on smart contract driven organizations 17:30 Sean on idealized systems vs human realities 21:00 AI tools in governance 27:00 Reputation systems and attestation 41:05 Lobby3 case study discussion 47:16 Defining success in DAOs 54:39 Wrap up and future directions Today's Host - Droste https://x.com/EffectDrost https://warpcast.com/droste Making Bank is produced independently by contributors to Black Flag DAO (formerly BanklessDAO) The content presented is strictly for information and entertainment purposes. Not financial, legal, or tax advice.
BanklessDAO is undergoing both a name change and a redefinition of purpose. Helping frame and steward this set of challenges is a six member Transition Council formed earlier this year: Hiro Kennelly, Trewkat, WinVerse, Coffee Crusher, Rowan and ZFi. This episode seeks to encapsulate both the origin story of our organization and get you up to speed on how the organization is changing. To help me do that, I sat down with Rowan and ZFI, two of the six members of the transition council. ZFi has been in the crypto space since 2013 and has been active in DAOs since November 2021, when he joined Bankless DAO. His innovative problem solving and leadership in Web3 is helping shape the future of decentralized governance and strategies. Rowan first got into crypto in 2017 and is a BanklessDAO OG, though the first few months he was mostly lurking. He found his footing in DAO Operations with Sobol and mapping bDAO, after which he held a leadership role as the Coordinator of the Operations Department for several seasons. He’s passionate about decentralized governance and individual sovereignty. Guest Socials ZFi: https://x.com/0xZFi Rowan: https://x.com/rowan_n0 Links to forum discussions and timeline Redefining Our Identity (Discourse Forum) https://forum.bankless.community/t/redefining-our-identity/10708 Redefining Our Purpose (Discourse forum) https://forum.bankless.community/t/redefining-our-purpose/10694/12 ReOrg Timeline (Notion, 2024 Transition Council) https://www.notion.so/bankless/35b6ad78361045c4becdc8b8c6bea2f3?v=b178b3e3ec5f400993a50f897dabc69b&pvs=4 Genesis of BanklessDAO (Medium, May 4, 2021) https://medium.com/bankless-dao/announcing-bankless-dao-133220f5efd8 Timestamps 01:12 Introductions 03:20 Origins of BanklessDAO 05:45 A Grant Proposal and a Branding Issue 08:15 Defining DAOs 16:45 Alignment 19:40 Snapshot Voting Changes and Rationale 24:45 tlBANK as a signal of alignment 35:30 Transition Council Activities and the ReOrg Timeline 46:50 Forum Poll Results and Forward-looking Plans 55:35 Musings on the Human Experiment 57:00 Closing Thoughts -- Today's Host - Droste https://x.com/EffectDrost -- Making Bank is a production of the Podcast Hatchery project at BanklessDAO. The content presented is strictly for information and entertainment purposes. Not financial, legal, or tax advice. Do your own research. Making Bank https://x.com/makingbankpod BanklessDAO https://www.bankless.community/ https://x.com/banklessDAO
Today's guests are Al Mithani and Chris Biele, aka Links and NFThinker. They're here to share some exciting news about Bankless Card, a core project at BanklessDAO. BanklessCard https://banklesscard.xyz/ NounsDAO https://nns.xyz/ Timestamps 02:20 Ship status and initial feature set 05:40 So you’re partnering with a… bank? 08:50 Rewards and opportunities - what to expect 13:40 A core difference - you are a stakeholder 16:35 Launch partners and availability 17:50 Nouns DAO - the what and why 25:20 Marketing campaigns coinciding with card launch 30:50 Summary and closing -- Today's Host - Droste https://twitter.com/EffectDrost Droste is both a beta tester for BanklessCard and has donated to the project. -- Making Bank is a production of the Podcast Hatchery project at BanklessDAO. The content presented is strictly for information and entertainment purposes. Not financial, legal, or tax advice. Do your own research. We greatly appreciate your feedback. How are we doing? What can we do better? Making Bank https://twitter.com/makingbankpod BanklessDAO https://www.bankless.community/ https://twitter.com/banklessDAO
Today’s episode marks our 50th show since we relaunched it in February of 2022. Over these nearly two years, we’ve stayed true to our mission: offering a window into the people of BanklessDAO and the projects they are working on that drive their passion in exploring web3 technology and culture. Though a large percentage of our contributors are U.S.-based, we are a global organization working toward decentralization and exploring the potential of these tools. Today you’ll hear a bit of reflection on how BanklessDAO came to be, and the personal story of one of it’s earliest members. Guest Socials X: https://twitter.com/McDermittMarvel Timestamps 00:01:30 Welcome Bill Ford 00:05:00 BanklessDAO vs BanklessHQ/LLC confusion on X 00:09:00 Gratitude and the concept of "Itadakimasu" (いただきます) 00:12:30 Two lost years 00:15:00 How Bill got his moniker, and a lake in Idaho 00:18:00 Formative years 00:24:00 A life-defining moment 00:26:00 Being a Marine in the 1960s 00:30:00 On complex problems 00:34:30 On kindness 00:36:00 segue to bDAO contributors - Ornella, Above Average Joe 00:39:30 Reflecting on the road traveled vs the road ahead 00:42:00 I've got a song trapped in my head 00:46:00 How Bill fell down the crypto rabbit hole 00:53:30 Back to bDAO contributor discussion 00:54:00 Women in the DAO - RedCrystalDragon, Steff, Trewkat 00:58:00 Nonsense Twice 00:59:27 Frogmonkee 01:00:00 Pope vs POAP 01:02:00 Ms. Purrple, Samantha, Jenetics 01:03:00 Perchy and the Chippi project 01:05:00 The Rug, Allyn Bryce 01:07:00 Ed On, d0wnlore 01:09:00 Eagle, Rotorless, Katriana 01:10:00 John & Erin – List of DAOs and ELI5 01:11:00 iSpeaknerd, NFThinker, Links, Senad 01:16:00 experience on Ombuds. Rotorless, Katriana 01:17:00 Fin4DAO, Grendel, BrianL 01:22:00 BogDraganov, bPetes 01:23:00 Closing Thoughts -- Twitter/X handles of every bDAO contributor mentioned in this episode! @thedatadood, @icedcool_eth,@OrnellaWeb3,@Abv_Avg_Joe, @ValeneHeinema14 / banklesschick.eth, @agenthomie, @RedCrstlDragon,[Steff], @thinkDecade, [tesa], @trewkat, @nonesensecodes,@frogmonkee, @MissPurrple_, @samanthajmarin, @JENeticsDesign, @TheFutureisDAO1, @Liquidiot, @thefrankamerica, @jackalpha_xyz, @d0wnlore, @eaglelex_eth, @Rotorless, [katriana], @johne____ (that’s johne with 4 underscores), @decentradiary, @0xZFi, @ZombieShepherd, @iSpeak_Nerd, @theNFThinker, @alMithani, @0xSenad, @LiviuC_8, @angyts2, [quietfox], @Fin4Dao, @GrendelMarco, @feemschats, @brianlinzy, @BogDrakonov, @BryanPetes, @crypto_soundman, @TagboWinner, @Tundeeey_, @BrianKnier, @salmanneedsajob, @EurekaJohn1 -- Today's Host - Droste https://twitter.com/EffectDrost -- Making Bank is a production of BanklessDAO. The content presented is strictly for information and entertainment purposes. Not financial, legal, or tax advice. Do your own research. We greatly appreciate your feedback. How are we doing? What can we do better? Making Bank https://twitter.com/makingbankpod BanklessDAO https://www.bankless.community/ https://twitter.com/banklessDAO