Chainforest Weekly Recap
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, 🏀│sports, and 🔗│links.
Discord Highlights 👀
💸 Deal Flow: Ben Lakoff shares his June Deal Flow Digest, a monthly newsletter recapping recent web3 funding rounds! View it here!
📈 Growth: SuperDAO has published a comprehensive report on Web3 Growth trends in 2023, providing insights into the Web3 market, user activity, and behavior patterns. The report is divided into three sections, covering the market size, benchmarking of industry leaders, and key personas and behavior analysis. The data analysis includes indexing of over 300 million wallets on Ethereum and Polygon networks, along with DAO voters' data from the Snapshot API. View the Key findings and insights here!
⭕ DAOs: Blake Minho Kim, co-founder of Myosin, provides valuable insights on constructing a DAO in a challenging market environment in his recent article. If you missed Part One, check it out here!
Finding Your Community Takes Time
Create Many Possible Pathways for Engagement
Overcommunicate, Always
There’s Always More Work. Pace Yourself
Few Things Beat IRL Connection
Abundance Mindset & Collaboration are Key
🎮 Gaming: Microsoft and Xbox have successfully won the case against the Federal Trade Commission (FTC) to acquire Activision Blizzard. The ruling allows the acquisition to proceed, marking a significant milestone for Microsoft's expansion in the gaming industry. The outcome will likely have a significant impact on the future of both Microsoft and Activision Blizzard in the gaming market
🔥 NFTs: Lacoste has unveiled a gamified tokenized ecosystem designed for NFT holders, as reported by Decrypt. The ecosystem aims to enhance engagement and reward NFT owners with exclusive experiences, perks, and limited-edition products, fostering a deeper connection between the brand and its community
Vasanth Thiruvadi, in his analysis, highlights the interesting approach taken by Lacoste in combining NFTs with their in-house platform, UNDW3. Through participation in creative contests, video game quests, and interactive conversations, NFT holders can accumulate points on their UNDW3 card, increasing the rarity and value of their NFT. This gamified tokenized ecosystem offers an innovative way for users to engage with the brand and enhance the value of their NFT assets
🎮 Gaming: Bank Heist, a collaborative project between Epic Games and esports organization 100 Thieves, has been released, providing players with an immersive gaming experience featuring in-game heists and missions. This is 100 Thieves' first Fortnite Creative 2.0 game release. See a preview of the gameplay here!
💰 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 📣
💵 BlockTower announced they have led Ambient Finance’s (Formerly CrocSwap) $6.5m seed round alongside Jane Street Group, Circle, Naval, SusaVentures, Dogetoshi, Jai Prasad, and Others!
Ambient Finance has been built from the ground up to make trading faster, easier, and cheaper to use, with a user experience rivaling CEXes. Ambient creates more sustainable liquidity by diversifying its sources, while bridging the gap between LP’ing and trading. View the full announcement here!
Congratulations to Rainmaker’s Thomas Klocanas and Winnie Lau! 👏
Chainforest DAO Network (Open Roles) 💼
Investment Analyst (Picus Capital - Full-Time): Picus Capital is looking to hire an Investment Analyst in New York City. View the full job posting here!
Investment Associate (Balderton Capital - Full-Time): Balderton Capital is looking for an exceptional Associate to join our investment team in London to focus on early-stage investments in the Nordics, as well as sector-specific research. This is an exciting opportunity to be a core and integral player, where you will be right at the heart of the European early-stage tech ecosystem, working first-hand with some of Europe’s leading investors and entrepreneurs to shape the future of technology
Business Development / Partnerships / Growth Roles (Dragonfly Capital Portfolio - Full-Time): If interested, apply to the job posting, and Dragonfly’s talent team will seek to hand-match you with companies in our portfolio based on your background, skill set, interests, and career goals
Product Lead, Consumer (Medallion - Full-Time): As Product Lead, Consumer you will work in close partnership with the Chief Product Officer, CTO, and CEO to deliver a transformative digital experience for fans
Design Lead, Consumer (Medallion - Full-Time): As Design Lead, Consumer you will work in close partnership with the Product & Tech teams, including the Chief Product Officer, CTO, and CEO to deliver a transformative digital experience for fans
Client Success Manager (Myosin.xyz - Contributor): We are looking for exceptional individuals highly skilled in the art of project and client management. Bonus points if you have experience working in web3. As one of our Client Success Managers, you will collaborate with our members to run and support the day-to-day management and organization of specific client projects as well as the overall account management
Public Relations Genius (Myosin.xyz - Contributor): As one of our PR Geniuses, you will collaborate with clients to manage and disseminate information from web3 companies to the targeted audience to influence their perception and drive credibility and reputation. This includes all of the core responsibilities listed out below (under 'Job Responsibilities')
Upcoming Events 🗓️
SAFARY CLUB: See You In The Wild: Meet web3's top growth leaders in the wild. Come for friends, stay for the alpha!
When: July 20, 2023, Paris, France (ETHCC)
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 to build the future of web3 collectively
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 supporting 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,