Adept Camp DAO Discord: https://discord.gg/kVqjatZS
Come join the DAO and start earning AC tokens for participating. We are using https://sourcecred.io/ for that. Check it out it’s an amazing project used
A Stable Coin For The Adept Camp Ecosystem
Based on the epic work of Empty Set Squad but limited to the Adept Camp Ecosystem and by TVL at first to make the experiment safe.
NFT Music & Art Project
Minimum Viable Adept Camp
Purpose of this DAO is to form connections between key DAO’s, protocols, projects within the crypto space (DEFI protocols, etc.
We will spawn projects that go after a lot of what is now low hanging fruit.
We will create a system capable of mobilizing 100’s and even 1000’s of skilled people across a diverse range of skillsets (Adept Camp) to bring solid tech and new ways of organising into real world applications).
Examples these all have synergy:
- Local applications for liquidity systems
- Spawning local businesses that make use of the latest tech to capitalise on and create local trends. DAO members can get support through conviction voting to spawn projects that use the ecosystems tech and funding plus systems to hit the ground running. Code/marketing/practices/lessons learned that is developed during the project life cycle can be reused within the greater ecosystem. As the beast grows and morphs the DAO makes decisions on what gaps need to be filled for better integration and improvement.
- Build & integrate with platforms (fuse aragon crypto wordpress opensea etc etc) based on open source lego + blockchain/Defi designed for local business and local DAO’s to make use off (SAAS models to generate profit for the DAO and drive the tokenomics)
- Local businesses that use these systems can pay for support, hosting, training and development and integration for their use case this is where we will need a decentralised job board system merging concepts from keep3r/fiver/upwork/gitcoin along with utilising discords, project managment systems and LMS systems for training recruiting organising etc
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to build bridges between non crypto open source projects (think wordpress, tensorflow, magenta there are hundreds that could be added here).
Once an open-source company has broad adoption and primary credibility, it can build a pipeline of companies who need assistance, and start layering in a variety of business models to build a sustainable business.
Now, let’s talk about those business models.
The 5 open-source business models
From analyzing successful open-source companies today, five common business models emerge:
- Restrictive licensing
- Hybrid licensing
Hosting means offering a fully-managed version of your project, so that when users want to try out the project, or even deploy it in production, they can spin up a remote server with the software in just a few clicks, and not have to worry about operating it in steady state (i.e., not worry about backups, downtime, upgrades, etc.).
Given the popularity of the cloud and managed services in general, it should come as no surprise that this has also become a popular model for open-source. In particular, this has become a common way for the public cloud providers (and in particular, AWS) to monetize open-source projects without giving back to the community, which has led to some complaints and tensions (and the emergence of other models, which we’ll soon discuss).
Yield Farming round 1:
10% of total AC are being farmed up till Christmas.
one billion seven hundred eighty million four hundred eighty-four thousand three hundred sixty-six! 🙂
Mint function: During the period of farming we propose to extend voting to x days to make you feel comfy in the pools.