WHAT A WEEK! This week the DAO shipped Parcel 0 NFTs for citizens to claim. 🚀 Let’s dive into the updates!
Table of Contents
CityDAO so far
Community Shoutouts & Showcases
Overheard in CityDAO
Memes to go
Tweets we love
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. 🏙
🔈CityDAO so far
First, let’s do 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 -
December14 - Founding Citizen NFT sells for 34.8 ETH
December15 - 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
MASSIVE shout-out to all the people and guilds that were involved in this launch! Dev, Design, Finance, Legal, Operations and Community guilds came together to have a smooth launch.
Special shout out to Tuncay, reeves, mdxd, slyraccon on the dev side and casey, syntonikka, Alterity.C on the design side!
🌆 Parcel 1
This is a huge moment for CityDAO. You now have the opportunity to help shape the future of the DAO as we collectively decide on the next major project.
The real estate guild put on an idea generation campaign last month, did a thorough analysis of all ideas across a variety of criteria, including benefit to citizens, feasibility, economic viability, legal liability, and implementation timeline (among others). Below are the finalists:
🌆 Shout-out to Citizen NFT holder Mark Cuban who minted some Parcel 0 NFTs this week
🌆 CityDAO was featured in the Harvard Business Review’s article on DAOs!
🌆 CityDAO hosted a Chinese AMA roundtable this week - HUGE shout-out to @CaoArmand, @Zoojoo_art, @7oClockCapital, @ming and @syntonikka! 🔥 🇨🇳
Recording here:
🌆 Another CityDAO podcast episode, this time with one of the instigators of Krause House!
“There’s a 14-year-old out in India who is the biggest NBA fan, an incredible analytic savant, understands how to be the world’s greatest GM, and the path for that person to have a voice in any NBA organization right now is incredibly difficult, incredibly low odds, incredibly challenging. And I think one of my dreams is that we build systems, mechanisms, games, processes, in order for that person to have a large share of the voice without putting up $2 billion. Maybe they put up $100 and they earn their way to having a large voice in that organization.”
🌆 Proposal for Citizens to vote on: CityDAO Conversion to partial Quadratic Voting ("QV")
It is proposed that we switch from the current One-Token One-Vote system to a version of Quadratic Voting (also known as "QV" or "Plural Voting").
In the proposed version of QV, the number of votes a Citizen has would be equal to the square root of their Citizen token holdings. For example, a Citizen with 9 tokens has 3 votes; under the current system she has 9. Holdings that do not cleanly root get rounded down – 6 becomes 2 rather than 2.449.
This change is proposed because, in recent Snapshots, there have been many people who hold multiple citizen NFTs having a large impact on voting outcomes. It is acknowledged that this is not a perfect solution – someone could transfer Citizen tokens to another wallet that they control.
You can learn more and vote here:
🌆 Quick peek 👀 at the upcoming CityDAO website design - design guild is on fire! 🔥
🌆 Great to see CityDAO community members meeting at Permissionless!
🌆 Shout-out to this flashback of the CityDAO community meeting IRL during EthDenver!
🐦 Tweets we love
🖼 Meme to go
Mcbonton & TARKAN collab!
meme lord
📚 Past CityDAO Community Roundup articles
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