We’re nearing the end of 2022. Since the last roundup, we’ve had quite a few interesting things happen in CityDAO. Perhaps some of them may even be the beginning of something big that will change the future of web3.
[New] Harberger Tax NFT protocol & marketplace
Community Updates & Showcases
CityDAO Videos by Community Guild
Update from BlocksocDAO
New Time Slot for Teach Anything
Outstanding Treasury Management
New Podcast Episodes
Past CityDAO Community Roundups
What is CityDAO?
The CityDAO community is made up of ambitious and HIGHLY curious people exploring and building at the frontier of technology, governance experiments and physical land.
The vision of CityDAO is to build the city of the future on the Ethereum blockchain by experimenting with tokenizing land, rights, and governance.
The t0wn project was approved on Snapshot in early November. This is a project that was re-branded from The Big Parcel project. The aim of t0wn is to create a physical hub for DAOs and web3 organisations. You can follow/join the discussions about the project in the #t0wn channel of CityDAO Discord. The public kick off call was hosted on Monday 21st of November, followed by a Twitter Space AMA on Monday 13th of December. More calls/spaces may be hosted in the future, be sure to look out for them if you want to learn more about the project.
t0wn Snapshot page:
Twitter Space AMA recording:
Now that we have a small piece of land that we can experiment on, the teams have been working on dividing the land into smaller plots for lease, and deciding how the NFT lease system is going to work. A document with all the details regarding the Baby Parcel NFT is currently being prepared. Also, the name that we’ve been using to call the parcel is “Parcel Blanca” due to its proximity to Blanca Peak. You can use both names interchangeably to refer to the same parcel, but Baby Parcel is the official name.
Below is the current plan on how the division of the parcel is going to look:
Note that the plan is a WIP, so the details may be subjected to change.
We have a brand new project that was approved on Snapshot in late November. As the title suggested, this is a project that aims to create an NFT protocol and marketplace that is inspired by the Harberger Tax system. The currently proposed details are as follows:
The team consists of our citizens MemeBrains and TheBossDragon. The two have plenty of experience in startups and web3.
Requested funding is $125,000 with the first $75,000 being transferred at the beginning, followed by the last $50,000 after an initial MVP has been launched. (Originally, the request was $250,000 over four milestones, but the team is offering to lower it to $125,000 due to concerns from the community. The settlement has yet to be made.)
CityDAO would receive 20% royalty fee from the revenue of the venture until it has received $250,000, then it would receive %5 for a further $750,000, totalling $1,000,000 for CityDAO treasury.
The team will first and foremost focus on building specific functions and features required by active CityDAO projects related to this project.
Harberger Tax NFT Protocol & Marketplace Snapshot page (information on the page is outdated):
Like all our on-going projects, there is a channel in CityDAO Discord server dedicated to this project where you can discuss relevant topics and ask questions. You can find it under the “PROJECTS” category.
The Community Guild has produced a couple of videos for you to enjoy. We’re hoping to create more visual content that will allow members of our community to look back at all the progress that we’ve made. And we want people who have yet to hear about CityDAO to be able to learn about our project in a more entertaining way.
📺CityDAO In Number
Our first video is a short video that shows you, in numbers, what we’ve accomplished so far in our journey. Note that our community is constantly growing, so the numbers on the videos may not be up-to-date.
📺The Journey of CityDAO
Our second video is a quick review of every significant events and milestones in our journey so far; a brief history of CityDAO. Even if you have been following us since the beginning, there may be a few things that you never knew about.
DAO Coalition was a proposal that was approved on Snapshot in early November. The main aim of the proposal is to fund CityDAO’s effort in forming a coalition of approximately 30 DAOs and supporting organisations that would advocate on behalf of DAOs within the United States and globally. CityDAO would play the leadership role as the coalition advocate in Washington, DC. Our citizen, Stuttgart, is the one who started the coalition. He would serve as CityDAO’s representative for this initiative.
DAO Coalition Funding Snapshot page:
In a collaboration with Taptive, we have launched our Writers Cohort programme where participants got to write a 1000-word blog post every week for 3 weeks and join workshops to receive comments on the blog posts that they wrote. The programme started on November 25, and many citizens signed up to participate.
The main aims of the Writers Cohort programme were to:
Build a writing habit and grow your online presence.
Gain the confidence to hit publish and establish your online voice.
Connect with other CityDAO Citizens and discuss the future of crypto cities.
BlocksocDAO was one of the three projects that received grants from CityDAO, along with Nicenode and CityData. BlocksocDAO is building a DAO to connect students to one global platform, and they have provided us with some update on the project that they’re working on. They informed us that the development for MVP is nearly complete, and that they’ll be doing V1 launch before Christmas. They also agreed to be on a Twitter space or a podcast with CityDAO to discuss about their project and do showcase of what they were able to achieve with our help.
Teach Anything is an educational activity hosted every 2 weeks by tippi fifestarr from Education And Research guild. In this event “teachers” can sign up to teach about anything, and anyone can join as an audience. The event is being hosted on Friday, 6:00 pm to 7:30 pm GMT, and the newly added time slot is on Tuesday, 3:40 pm to 5:00 pm GMT.
Teach Anything sessions are hosted on Zoom. The link to the meeting room will be shared in the Education And Research guild channel before the event begins.
We have a finance team that have been overseeing our treasury since May. In the past, we held most of our assets in ETH, and due to the bear market, our treasury lost quite a bit of its value. But in the past several months, the treasury management team has been strategically converting ETH to USDC, taking advantage of the price fluctuations. We’re now holding most of our assets in USDC, and thanks to the team, our average ETH sale price is higher than the current market price.
(The photo is outdated by a month, but the ETH price at the time of writing is $1215, which is still 23% lower than our average ETH sale price given that the average remains the same)
We have four new podcast episodes since our last community roundup:
We now have a CityDAO TikTok account. This is the latest addition to our social media accounts, so it is still lagging behind our latest news and updates. We’ll be rolling out content that are tailored to better fit TikTok’s format and style, so make sure to follow the account if you want more CityDAO content.
CityDAO TikTok account is @citydao.io (the TikTok link unfortunately does not work on Mirror at the time of writing).
A quick recap of the CityDAO adventure so far:
Month 1: July - laying the groundwork
July 1 - DAOs can legally be recognized as an LLC in Wyoming
July 2 - CityDAO starts (Scott’s infamous tweet)
July 7 - First community call
July 15 - CityDAO Discord membership crosses 1000 people
July 23 - CityDAO officially registered as an LLC in Wyoming
July 28 - CityDAO gets voted in on Mirror’s $WRITE RACE
Month 2: August - bolstering the treasury
August 8 - The First Citizen NFT sells for 6.52 ETH
August 11 - Release Founding Citizen NFTs
August 25 - Founding Citizen NFT sells for 10 ETH live in a community call
August 25 - CityDAO treasury passes $250k
August 26 - Connect w/ real estate agent in Wyoming to help with land purchase
Month 3: September - voting on land acquisition
September 08 - CityDAO forum is added to aid governance discussions
September 15 - Dev & Design team demo the parcel viewer
September 21 - CityDAO citizens vote on first parcel purchase
September 27 - Citizens vote to make offer on “Parcel 6” (40 acres)
September 28 - CityDAO makes an offer on real land
September 28 - Offer accepted, land purchase process begins
Month 4: October - Vitalik stops by & we close the land parcel deal
October 06 - Vitalik Buterin stops by CityDAO to ask questions
October 07 - CityDAO flag put up on land owned by a DAO
October 23 - CityDAO Citizen NFT minter released
October 25 - Funds wired for land purchase
October 29 - Land parcel deal officially completed
Month 5: November - Explosive growth & Crypto cities blog post
November (first week) - Vitalik and Brian Armstrong purchase Citizen NFTs
November 14 - Mark Cuban purchases two Citizen NFTs
November 14 - Citizen NFTs sell out
November 15 - CityDAO treasury hits 8.5 million
November 28 - Balaji gets a Citizen NFT
Month 6: December - Peak CityDAO FOMO
December 14 - Founding Citizen NFT sells for 34.8 ETH
December 15 - Partnership with Chainlink
December 20 - Community members visit parcel 0, meet the neighbors
December 27 - Financial Times publishes an article covering CityDAO
December 31 - Legal AMA with securities lawyer
Month 7: January - Build resilience as a DAO & steps towards decentralization
January 3 - Citizens vote to elect a council to establish CityDAO Charter
January 5 - CityDAO museum receives CityDAO DAOpunk NFT
January 15 - Audit papers signed for Parcel 0 land drop
January 16 - CityDAO twitter account passes 25k
January 17 - Candidate election pitches begin 🎉
Month 8: February - EthDenver & Council Charter work
February 1 - CityDAO Council Election vote finishes
February 10 - First CityDAO Speaker Series AMA
February 11 - CityDAO citizens form multiple teams at EthDenver
February 18 - CityDAO podcast launched
February 19 - Vitalik mentions Citydao in his EthDenver address
Month 9: March - Parcel 0 work, Charter & Gearing up for Guilds
March (first week) - Council has a WILD week prepping Charter
March 9 - Charter draft completed
March 23 - Denver posts CIP-43: LFG: Parcel 0 Direct Drop for Citizens proposal
March 25 - Parcel 1 brainstorming begins!
March 31 - Bundled Guild Proposal posted
Month 10: April - Guild formation, Parcel 1 beginnings & Unleashing CityDAO talent
April 2 - Parcel 0 quantity snapshot goes up
April 3 - CityDAO Guilds Initiation snapshot goes up
April 14 - CityDAO interview with Wyoming Senator Rothfuss released
April 19 - Parcel 1 Guilds Idea generator launched
April 25 - Parcel 0 NFT Drop article draft completed
Month 11: May - Guild formation, Parcel 1 beginnings & Unleashing CityDAO talent
May 4 - Parcel 0 NFT drop announced
May 5 - CityDAO reaches 30,000 Twitter followers
May 11 - CityDAO flag goes up on Parcel 0
May 18 - Parcel 0 minting period goes live
Month 12: June - Mission and key metric, swag shop
June 10 - Grants application open
June 17 - XXL Nemus parcel purchased (partner)
June 22 - CityDAO’s Mission and key metric defined
June 23 - CityDAO Swag shop goes live
Month 13: July - Guild restructure, parcel 0 reveal
July (whole month) - Guild restructuring
July 2 - The Big Parcel CIP approved on Snapshot
July 15 - Parcel 0 NFT reveal
July 22 - Baby Parcel CIP approved on Snapshot
Month 14: August - IRL Projects Progression
Early August - Baby Parcel location decided
August 11 - Grants winners announced (Blocksoc, NiceNode, CityDATA)
August 25 - Parcel 0 project receives funding and directions
Month 15: September - Academic Conference
September 1 - Special Community Call: State of the City edition
September 3-4 - First CityDAO Academic Conference
Late September - Baby Parcel land purchased
Month 16: October - Building up
Early October - Lecture and workshops in CityDAO with Inholland university
October 12 - Proposal to re-brand Big Parcel to “t0wn” with renewed purpose
October 22 - DAOLabs approved on Snapshot
Month 17: November - Big projects emerges
November 12 - Big Parcel re-brand to “t0wn” approved on Snapshot
November 22 - Harberger Tax NFT Protocol & Marketplace approved on Snapshot
November 25 - Writers Cohort 3-week programme begins