Community-First Company Building with Cuy Sheffield & Micah Johnson
The next evolution of companies will be created in public with early customers, partners, and supporters. They’ll be community-owned and operated, building upon the playbooks created by early NFT and play-to-earn projects. Because many of the web 3.0 advantages are hard to adopt as a large web 2.0 company, as a Founder you have to focus on the big ideas: ownership, collaboration, and community.
(0:00) Introduction to the NFX Podcast and guests Kai Sheffield and Micah Johnson (1:22) Journey into the crypto space and transition from professional careers to NFTs (3:54) Discussion on NFTs, the black crypto art movement, and comparison to traditional art (10:38) Discussion on NFTs in the context of art and the power of collaboration in NFTs (15:23) Managing a community as a creator: challenges and opportunities (19:10) Shift from traditional business models to community-led product development in the crypto space (23:30) Shift from fleeting internet interactions to committed engagements through NFTs and tokens (26:56) Shift from eyeball metrics to commerce metrics in Web 3 and the digitization of supply chain (33:11) Emphasizing core values in Web 3 and the rise of crypto creators (36:39) Importance of community engagement and the challenges of scalability in community management (41:56) Setting good principles as a founder and thoughts on accessibility in the crypto space (44:57) Using IP to make crypto more accessible and sharing upcoming Aku milestones (46:50) End of episode and closing remarks
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