Chainforest Weekly Recap (06/20/23)
Greetings Rainmakers! ⛓️🌴
Welcome to the latest edition of the Chainforest Weekly Recap, where you’ll find up-to-date information on upcoming Chainforest DAO programming and industry events, the community feature of the month, a round-up of the most exciting happenings in our Discord this week, and a welcome to our new Rainmaker’s!
The top three channels were: 💬│general-chat, 🎮│gen-gaming, 📺│tv-and-books.
Discord Highlights 👀
⛓️ Chains: Polygon Labs has unveiled The Value Prop, a database that compiles the myriad ways in which individuals are utilizing blockchain-related services across various sectors such as social impact and education. Check out all of the exciting use cases for blockchain technology here!
Check out Rebecca Rettig’s (Chief Policy Officer at Polygon Labs) thread introducing The Value Prop
⚖️ Regulatory: Binance has reached a compromise agreement with the US Government to avoid a shutdown amidst an ongoing fraud lawsuit, per the New York Times
Amid regulatory challenges, Binance has decided to deregister in the United Kingdom, per The Block
⚖️ Regulatory: In the ongoing legal dispute with the SEC, Coinbase lawyers filed a letter in the U.S. Court of Appeals, accusing the regulatory agency of evading their rulemaking petition and failing to provide clear responses regarding the establishment of a regulatory framework for digital assets
🎮 Gaming: Felix "xQc" Lengyel, a popular Twitch personality, secures a two-year $100 million contract with a rival platform, marking it as one of the top 12 highest annual payouts across all sports
📱 Social: The decentralized social network, Farcaster, rolls out a new feature called Channels. Channels are feeds of cast organized around a topic. Anyone can cast and read cast in channels. For more details on Channels, click here
🎮 Gaming: Rainmaker’s engage in conversations about the persistent obstacles within the current esports model and the ongoing concerns regarding its sustainability
🔥 NFTs: Join the Solana NFT Showdown, a unique pitch competition by the Solana Foundation, where creators have the opportunity to collaborate with industry experts and NFT community leaders to bring their business ideas to life and build new Solana NFT brands in fashion, entertainment, gaming, and creative agencies
💰 Start-up Support: Join the Google Cloud web3 community and supercharge your startup. Google Cloud offers an abundance of resources to help you build innovative decentralized apps, Web3 tooling, and services effortlessly
🤝 Interested in viewing or sharing deal flow with the Chainforest community? Members can also earn $RAINDROP token along the way!
One new deal was shared with the community last week! Access our Deal Flow tool here!
The deal flow tool allows you to:
Share new deals
Comment and ask questions
Tag members
Search past deals using our filtering system
Ways Rainmaker’s can earn $RAINDROP token:
Source a deal that Chainforest invests in
Aid in the due diligence process for a Chainforest investment
Support a Chainforest portfolio company
What kinds of deals does Chainforest invest in?
Check out our Investment Framework here!
Rainmaker Personal Updates 📣
Rainmaker’s, Blake and Simon, the co-founders of Myosin.xyz, have just dropped their newest podcast episode featuring a captivating discussion on "The Future of On-Chain Media" with special guest Steph Alinsug, ex-Head of Seed Club, and now launching Vessel 🎙️
Altura announces a new partnership with Tholos, a Web3-native digital asset custody company. Per Altura, “Tholos’s crypto wallet will serve as ultra-secure asset custody for our gaming customers, enabling them to make transfers and interact with dApps across major blockchains” 🔥
Congratulations to Rainmaker’s:
Altura: Majd Hailat
Tholos: Abraham Litwin-Logan & Bryan Linton 👏
Chainforest DAO Network (Open Roles) 💼
Growth and Business Development Strategist (Community Labs - Full-Time): Community Labs is looking for a Growth and BizDev Strategist who will work closely with founders to set user acquisition strategies, conduct market research, build relationships, and implement effective marketing campaigns. Be part of a collaborative, high-performing team in a fast-paced, remote-first environment. Competitive compensation and benefits are offered, with opportunities for advancement and professional development
We are seeking motivated, creative, and driven interns with a passion for technology, an interest in solving complex problems, and a deep desire to make an impact. Our interns will have the opportunity to work on the exciting intersection between blockchain, security, and AI, where they will have significant autonomy and a high impact on core products
Founding Business Development Lead (HypeLab - Full-time): You will be the first business hire at HypeLab. You’ll be focused primarily on business development, partnerships, and go-to-market strategies, but you’ll be elbows-deep in everything we do. You’ll work directly with the HypeLab founders to figure out how to take learnings from our initial base of customers and scale it up. Working on our ads platform will get you access to some of the largest players in web3 and it’s your job to show them why they need to become HypeLab advertisers/publishers
Summer Internship, Web3 Policy (Solana Foundation - Full-Time): The Solana Foundation is looking for a web3 policy intern to support every aspect of that strategy–from digging into how legislation impacts these goals to identifying constituents from the Solana ecosystem who can articulate their story well in front of policymakers
Upcoming Events 🗓️
NYC Pride 2023 with Magna: Celebrate NYC Pride and the LGBTQIA+ crypto community at our rooftop with karaoke, manicures, and an open bar
When: June 22, 2023, 5:30 - 7:30 PM EST, New York, NY
Details: here
Community Masterclass for Founder: Making legal and compliance a superpower for your company
When: June 27, 2023, Virtual
Details: here
Heds x HIFI Labs presents Unison: Unison highlights NYC's local talent within the intersection of web3 and the traditional music industry, while also enriching the connection between HEDS and music fans by providing immersive and memorable experiences like this!
When: June 29, 2023, Queens, NY
Details: here
NY Tech Week - a16z presents Tech Week 2023! Join us for tech weeks in LA this year to create IRL connections across the major tech hubs
When: Oct 16-22, 2023, New York, NY
Details: here
Interested in joining Chainforest? ⛓️🌴
How to apply: You can apply to become a member by completing our application on Typeform. We will review your submission and grant access after approving your profile. Apply here!
What is Chainforest?
Chainforest's mission is to build the most powerful ecosystem in the world leveraging an exceptional community of leaders to build, grow, and invest together to create the future of web3. We leverage the collective power of the Chainforest community to create incredible value for our Rainmakers, the ecosystem, and our LPs and other partners. The outsized performance will create a flywheel effect, allowing us to build an enviable ecosystem that attracts, develops, and inspires high-caliber talent to be their best selves and collectively build the future of web3
Learn more about our DAO structure here!
Benefits of being a Rainmaker:
Exclusive Content: Access content like Town Hall AMAs, Workshops, IRL Events, Discord Discussions & Games, and Women in the Forest meet-ups! Expand your knowledge, network with experts, & enjoy the vibrant community
Rainmakers also have the opportunity to support Chainforest's VC fund. Rainmakers have the opportunity to earn $RAINDROP, our token backed by carry in our VC fund, in exchange for:
Sourcing a deal that Chainforest invests in
Aid in the diligence process for a Chainforest investment
Support a Chainforest portfolio company
Help Chainforest as an organization (e.g., take a part-time role with the community, design an NFT collection for the community
Note: Rainmakers are not required to invest in order to participate, but also do not have a vote on investment decisions
Deal Flow: Unlock the Chainforest x @proofofteamwork Deal Flow tool! Share deals, engage in discussions, ask questions, search prior deals, & earn $RAINDROP token by sourcing deals CF invests in, aiding in the due diligence for a CF investment, or support CF portfolio companies
Member Directory: Discover the invaluable Chainforest x @proofofteamworkdirectory: Strengthen bonds, explore business prospects, amplify deal flow, and unlock hiring opportunities. Search by location to connect Rainmaker's locally & also connect with Women in The Forest
Earn TEAM points: Earn valuable TEAM points as a Rainmaker by actively contributing to our community through discussions, content interaction, and sharing deal flow. Climb the leaderboard, unlock prizes, and make a rewarding impact in the Chainforest community
I hope you enjoyed this week’s edition of the Chainforest Weekly Recap!
Till next week,