The 7 Essentials SKILLS Every Great WEB3 FOUNDER Must Possess.
This article is based on my own experience, of being and working in web3 projects and having direct relationship with the greatest founders. You will find real-life examples, therefore this article is not exclusively AI-based.
IN THIS ARTICLE
- Intro. Web3 leaders & myself.
- The 7 Top skills that set Web3 NFT’s Leaders apart.
- Context. Web3 & NFT’s Time Line and figures.
- End note. Web 3 leaders are creating a new social paradigm.
- Sources
INTRO. WEB3 LEADERS & MYSELF.
Intro
Web3 funders are TODAY building tomorrow’s business.
As the world of web3 continues to evolve at an unprecedented rate, it is becoming increasingly clear that the success of this emerging industry is not solely dependent on technological advancements or cultural shifts.
Rather, it is the unique individuals behind the technology who are driving the industry forward.
For the past six years, I have had the privilege of speaking with some of the most renowned and greatest founders in web3.
In this article, I aim to shed light on the unique skills and qualities that make these leaders stand out in a highly competitive industry. By exploring their diverse personalities, values, and motivations, we can gain a deeper understanding of what it takes to be successful in web3.
Join me as we delve into the minds of the individuals who are shaping the future of this new exciting industry.
Who is this article for.
This article, which discusses the importance of web3 founders in a project, is directed towards NFT investors, individuals who want to be part of a community with shared interests, and those interested in learning about leadership in the Web 3 space. A web3 founder serves as the foundation for strong growth in community, product, culture, and connections in a web3 project, and they are a strong attraction for high-level members to join the project. This is why understanding the value of a web3 founder is crucial for NFT investors looking to invest in projects with strong potential for success.
Myself & web 3 Leaders.
To provide context for my writing on Web3 leadership skills, I would like to share that I have been actively involved in the Web3 since late December 2017.
Working in the last year directly with a web3 native communication platform, and being an active member of over 6 NFT communities, some of which are leading players in the NFT ecosystem ( Azuki, Beanz, DeGods, Bricktopians..) allowed me to have direct conversations in a long term window with theirs founders.
Here the list of the current Top 10 Web3 NFT projects ( source: NFT Inspect)
I am also a member of 3 private web3 leadership clubs; 1%Better , private Wale Hub Discord Club, and a Latam one.
Therefore I have gained valuable insights an a unique perspective into the skills required for effective Web3 leadership.
Moreover as a Chief Digital Officer of an international online project, with more than m23 years of experience in online, allow me to approach Web3 leadership from a well-informed perspective.
2. The 7 Top skills that set Web3 NFT’s Leaders apart.
SKILL NUM 1. Complex problem-solving.
SKILL NUM 2. Public Real-Time Building within the community.
SKILL NUM 3 . Community Leaders, instead of CEOs.
SKILL NUM 4. Trustworthiness.
SKILL NUM 5. Culture creators.
SKILL NUM 6. Storytelling leadership.
SKILL NUM 7. Lifestyle, wellness.
First DECENTRALIZATION. Before we jump into the 7 essential top skills needed, first you absolutely need to understand decentralization.
Decentralization is as a core principle in organizations, products, and communities accordingly.
As web3 is running with Blockchain technology, decentralization is at the heart of web3 leadership.
What is decentralization? This is one of the best explanations I have ever listened:
Decentralization is key to understanding the DNA of Web3 founder leadership because it is a fundamental principle of the Web3 ecosystem.
Web3 technologies are built on decentralized protocols and networks, such as blockchain, which enable trustless and permissionless interactions between participants.
This decentralization empowers individuals and communities to take control of their data, identities, and assets, without relying on centralized intermediaries. It also promotes transparency, openness, and collaboration, which are essential values for Web3 founder leadership.
In this context, Web3 founders must embrace decentralization as a core principle and design their organizations, products, and communities accordingly. They must prioritize the needs and interests of their users and stakeholders, rather than their own profits or power. They must also foster a culture of innovation, experimentation, and resilience, which allows them to adapt to changing market conditions and challenges.
Ultimately, the success of Web3 founder leadership depends on their ability to harness the power of decentralization and leverage it to create new value for society.
By doing so, they can transform traditional industries, democratize access to resources and opportunities, and build a more decentralized and equitable future
SKILL NUM 1. Complex problem-solving.
‘Leading in an innovate and decentralized ever-changing landscape’
Web3 leaders are building the future of businesses, today, even in Bear Markets.
A leader in Web3 needs to have the skill of complex problem-solving because the decentralized nature of Web3 presents unique challenges that require innovative solutions.
Web3 is a complex ecosystem that involves decentralized protocols, blockchain technology, and smart contracts. It also encompasses various applications, such as decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized marketplaces. These components present significant challenges that require creative and strategic thinking to solve.
Leaders in Web3 must possess the ability to analyze intricate issues, identify potential solutions, and implement them effectively. They need to be able to break down complex problems into manageable parts, prioritize them, and work through them systematically to arrive at a viable solution. This requires critical thinking abilities, creativity, and a capacity for analyzing and interpreting data.
EXAMPLE. Decisions on the project’s chain.
One practical example of the challenges in Web3 is the issue of gas fees in decentralized applications. Gas fees are the transaction fees required to execute smart contracts on the Ethereum network. These fees can fluctuate greatly, making it difficult for developers to accurately estimate the cost of running their applications. Leaders in Web3 must find innovative solutions to address this challenge.
Overall, the skill of complex problem-solving is crucial for Web3 leaders to ensure that they can effectively lead their teams and organizations in navigating the complex and ever-changing decentralized landscape of Web3.
In addition to the challenges presented by the decentralized nature of Web3, leaders in this space must also contend with security threats such as scams and bad actors. These individuals or groups can exploit vulnerabilities in decentralized systems to steal funds, compromise user data, or cause other types of damage.
To effectively lead in the Web3 space, it’s essential to have a skillset that includes complex problem-solving and an understanding of security threats. Leaders must be able to identify potential security risks, implement appropriate safeguards, and respond effectively to any security breaches that occur.
In the event of a security breach, leaders must be able to act quickly and decisively, working with their teams and the broader community to identify the source of the breach and take appropriate action. This requires a combination of technical expertise, strategic thinking, and strong communication skills.
Overall, Web3 leaders must possess a range of skills, including complex problem-solving and a deep understanding of security threats. By developing these skills, they can effectively lead their organizations in navigating the complex and ever-changing landscape of Web3 while safeguarding against security threats and bad actors.
The decentralized nature of Web3 presents unique challenges that require leaders to possess complex problem-solving skills to navigate the constantly evolving landscape effectively. Along with critical thinking abilities, creativity, and an analytical mindset, leaders must also be aware of security threats and have a technical understanding of the underlying technology. By developing these essential skills, leaders in Web3 can effectively lead their organizations in achieving their goals while safeguarding against potential security risks and bad actors.
SKILL NUM 2. Building in Public within Community.
“Building in public” is a vital skill for Web3 entrepreneurs. It promotes transparency, accountability, and community engagement. By sharing progress and challenges, entrepreneurs can gain valuable feedback, build trust, and establish thought leadership, leading to more successful ventures.
In addition, the decentralized nature of Web3 means that there is no centralized authority to turn to for guidance. Leaders must be able to navigate this complex and constantly evolving landscape, adapting to changes and finding new solutions to emerging problems and reaching and agreement with the core team and community.
Building in public, most commonly through Discord and/or Twitter Spaces, is becoming increasingly important as a skill for leaders in the Web3 space. Essentially, building in public means sharing your progress, process, and challenges with your community or DAO, as you work on a project.
This can include sharing updates on social media, announcements, writing blog posts, creating videos, or hosting live streams.
One reason why building in public is crucial for Web3 leaders is that it helps to build trust and credibility with the community.
By sharing their work openly, leaders can demonstrate their expertise and their commitment to transparency and accountability. This can help to attract investors, partners, and customers who value these qualities.
Another benefit of building in public is that it can help to generate interest and excitement around a project. By sharing updates and milestones, leaders can create a sense of anticipation and engagement among their audience. This can help to attract new users and contributors, as well as build a loyal community of supporters.
EXAMPLE. AlexisBuilding sharing and building within his community in this twitter space.
Furthermore, building in public can help to foster collaboration and attachment to the project.By sharing their work openly, leaders can invite input and suggestions from the community. This can help to improve the quality of the project and ensure that it meets the needs of its users. Additionally, collaboration can lead to new partnerships and opportunities for growth.
Obviously this is a NEW skill that web2 leaders do not have but the web3 entrepreneurs, AlexisBuilding ( Briktopian NFT founder) says:
The capability to build in real-time and within the community allows Web3 leaders to move quickly and more efficiently than Web2 projects.
For building in public, communications infrastructure is needed, web3 leader has to absolutely know how to communicate through Twitter and Discord, both most well-known and key tools for communicating with theirs audiences (twitter) and theirs members (Discord)
SKILL NUM 3 . Community Leaders, instead of CEOs.
‘ In web3 the business/sales are through the Community, and as a central authority is NOT needed, founders transition from CEOs to Community Leaders’
Web3 leaders create community with their NFT projects because community is essential in a Web3 project to survive and succeed. The community provides natural, organic marketing, and engagement values that are crucial for success. A Web3 leader needs to have the ability to build engagement with the community to create a successful project.
In a Web3 NFT project, the team is made up of (1) core team members
AND the (2) strongest members of the community, and (3) ultimately the entire community. The project is built within the community, and a Web3 leader must have the ability to create engagement with the community to make the project successful.
EXAMPLE
I this Tweet (in Spanish) I exactly explained that to my friend and web3 Spanish NFT Leader Manuel , here translated into English:
#web3 is essentially collaborative. The project team is made up of the core team + the most active and influential members of the community + (finally) the rest of the community.
As in any economy, there is a kind of competition, but it takes “time” because as an active member, you cannot dedicate time to all the projects you hold tokens for.
You will dedicate time to the projects that you have the strongest attachment to, and therefore the acquisition of more tokens…
The community is crucial in a Web3 project because it provides natural marketing and strong engagement values. By building a strong community, the project can gain traction and increase its reach. The engagement values of a strong community include trust, loyalty, and enthusiasm, which are essential for a successful project. A Web3 leader needs to absolutely understand the values of engagement and use them to create a community around the project.
To create engagement with the community, a Web3 leader needs to be transparent, authentic, and have a clear vision for the project. They need to communicate effectively with the community, actively listen to their feedback, and incorporate their ideas into the project. A Web3 leader must also incentivize community participation and create a sense of ownership among members.
In summary, A Web3 leader needs to create a sense of ownership among the members, incentivize participation, and use transparency, authenticity, and a clear vision to build trust, loyalty, and enthusiasm among the community. To do so they not only need to know this stratey but to run it throughout cross communication Community platforms.
EXAMPLE. Frank ( Co-funder DeGods) is another example of building within the community.
In this tweet a DeGod’s member says:
“DeGod culture and story emerged bottom-up, from the community”
When this happens, building from bottom-up and within the community, these are the top 5 benefits:
- Strong engagement: When the community feels like they have ownership over the project, they are more likely to be highly engaged and invested in its success.
- Authenticity: A bottom-up approach to building a project’s culture and story can result in a more authentic and genuine representation of the community’s values and beliefs.
- Community-driven innovation: The community is in the best position to identify the unique needs and challenges that they face, and this insight can drive innovation and problem-solving within the project.
- Increased trust: When the community is involved in shaping the project’s culture and story, it can lead to increased trust and a stronger sense of collaboration between the project team and the community.
- Greater diversity: A bottom-up approach can help ensure that a project’s culture and story are inclusive and reflect the diversity of the community, which can lead to a stronger and more resilient project overall.
SKILL NUM 4. Trustworthiness.
When you meet technically a trustless system, like blockchain and running by a web3 leader that shows trust by given transparency, in the good and bad times, this is a strong and winner project.
Overall, building in public, as I explained before, is a valuable skill for Web3 leaders because it can help to build trust, generate interest, foster collaboration, and ultimately drive success for their projects.
In the Web3 community, sharing failures and mistakes is an important part of the culture. Web3 leaders recognize that failure is inevitable in a fast-moving and constantly evolving industry, and it’s through these failures that they learn and grow. By openly discussing their failures, leaders can build trust and credibility with their community, and create a culture of transparency and accountability.
Admitting mistakes also helps leaders to learn from their experiences and make better decisions in the future. It shows that they are human and not infallible, which can make them more relatable to their community. Additionally, sharing failures can help to avoid repeating the same mistakes and can lead to more innovative and creative solutions.
Overall, sharing failures and mistakes, and using memes as a communication tool, are important aspects of the Web3 culture and can lead to more innovative and collaborative communities.
César once interviewed me, and he explained to me a not successful project that he run in the past. Aquí el enlace.
From an investor’s perspective, entrepreneurs who have failed in the past are often more highly valued because they have valuable experience and knowledge gained from their failures. They have already learned important lessons about what works and what doesn’t, and they are less likely to repeat the same mistakes.
Furthermore, entrepreneurs who have failed in the past have demonstrated resilience, determination, and a willingness to take risks. These qualities are highly valued in the startup world and are seen as indicators of future success.
Investors also understand that failure is a common and often necessary part of the entrepreneurial journey. Entrepreneurs who have experienced failure in the past are less likely to be discouraged by setbacks and more likely to persevere through difficult times.
Overall, investors see past failure as a valuable asset in an entrepreneur’s toolkit and are more likely to invest in entrepreneurs who have experienced failure and learned from it.
This a full thread and video where Wale make a drill down about this topic:
SKILL NUM 5. Culture creators.
‘ They are creating a community, a whole ecosystem; lingo, brand, identity, values, lifestyles…to suite certain kind of people, to come together as a strong community. ’
E.g Frank ( Founder DeGods and Y00ts)
Zagabond ( Azuki and Beanz Founder)
SKILL NUM 6. Storytelling leadership.
As the Web3 industry continues to grow and evolve, so that the skills required for success as a leader in this space. While technical expertise is certainly important, there is another skill that is becoming increasingly valuable: the ability to share your journey as an entrepreneur.
Sharing your experiences, both the highs and the lows, can be incredibly powerful. It allows others to learn from your mistakes and successes, and it can also help to build trust and a sense of community within the Web3 ecosystem.
EXAMPLE. NFT God he was hacked, and despite this very tough moments, instead of keeping for himself, this was happened:
So what does it mean to share your journey as an entrepreneur in the Web3 space? It could take many forms, from writing a blog post about your experience launching a project, to speaking at a conference about the challenges you faced along the way. Whatever the medium, the key is to be open and transparent about your experiences.
EXAMPLE
One of the benefits of sharing your journey is that it can help to build trust and credibility. As a Web3 leader, you are asking people to invest not only their money, but also their time and energy, into your project. By being transparent about your journey, you can show potential investors and collaborators that you are someone they can trust.
Another benefit of sharing your journey is that it can help others to learn from your experiences. Whether you are writing about the mistakes you made along the way or the strategies that worked well for you, others can benefit from your insights. This can be especially valuable in the Web3 space, where the industry is still relatively new and there are many unknowns.
EXAMPLE
Sharing your journey can also help to build a sense of community within the Web3 ecosystem. When you are open and transparent about your experiences, it can encourage others to do the same. This can lead to a more collaborative and supportive community, which in turn can benefit everyone involved.
Of course, sharing your journey as an entrepreneur can be challenging. It can be difficult to be vulnerable and open about your experiences, especially if you have faced setbacks or failures along the way. However, the benefits of sharing your journey can far outweigh the risks.
As a Web3 leader, it is important to remember that you are not just building a project or a company, you are also helping to build a new industry. By sharing your journey, you can help to shape the Web3 ecosystem and set an example for others to follow.
EXAMPLE. AlexisBuilding in this video explains how he is running his strategy with his project, and also which infrastructure is needed.
In conclusion, the ability to share your journey as an entrepreneur is becoming an increasingly important skill for success in the Web3 industry. By being open and transparent about your experiences, you can build trust and credibility, help others to learn from your insights, and build a more collaborative and supportive community. So don’t be afraid to share your journey — it could be the key to your success in the Web3 space.
SKILL NUM 7. Brand Identity and Lifestyle Cultivation.
‘In the world of Web3, the founder’s personal brand is as important as the company’s brand in web2'
The founder’s lifestyle, vision, and values are all reflected in the brand’s image and community.
A 360 person is a 360 Leader
In this Twiter Space, that I shared on twitter, Kelano and Wale.Woosh were discussing that one of the most important thing when it comes to evaluate an NFT project, is the people behind running it, the Founders. When I say people it is not only technical and entrepreneurship background, also how are they as a person: lifestyle, values, vision…
EXAMPLE
Leader’s Brand through pfp
In web3, PFP stands for “Profile Picture” or “Profile Pic.” A PFP is a digital image or artwork that represents an individual or entity in the context of the web3 community.
PFPs have gained significant popularity in the web3 world because they can be used to represent an individual’s identity, personal style, and values. In some cases, PFPs are created as unique digital assets, also known as “Non-Fungible Tokens” or “NFTs,” which can be bought, sold, and traded on blockchain marketplaces.
Owning a rare or highly sought-after PFP can be seen as a status symbol within the web3 community and can be a way to express one’s personality, interests, or affiliations. Additionally, some web3 projects may use PFPs as a way to grant access to certain features or benefits within their platform, further increasing their value and desirability.
EXAMPLE,
A Web3 founder who values content creation must lead by example and become a role model in this field. This approach will attract community members who also prioritize content creation, resulting in a community of like-minded individuals.
The brand’s visual art pfp/NFT may feature elements of content creator. To establish their digital identity, the leader could use a distinctive profile picture (PFP), such as one featuring a pen on their head like AlexisBuilding.
Similarly, a founder who values positivity, good vibes may create a community that is welcoming to all people with this values, and the brand’s visual design and communication tone, may feature a diverse arts that transfers this through memes, gifs…
EXAMPLE
In traditional business, companies often work with marketing to assign these values to a brand. However, in Web3, the founder embodies these values, and they naturally permeate throughout the brand and its community. The art/NFT , communication tone and ‘lingo’ of the brand also play a crucial role in communicating these values and creating a unique brand identity that resonates with the community.
Lingo
In the world of NFTs and Web3, language and lingo are important because they serve as a form of communication and identity within the community. Similar to how people’s accents or dialects can reveal where they come from and what their background is, the way individuals in the Web3 community speak and the terms they use can reveal a lot about their interests, values, and experience in the space.
Using specific terms and phrases can also create a sense of belonging and shared culture among community members. When someone uses a term like “pfp” or “gas,” it signals to others in the community that they are familiar with the NFT space and the associated technology. Additionally, using lingo can help establish credibility and expertise within the community. When someone uses terms like “king” or “legend,” it signals that they have a certain level of experience and respect within the NFT world.
Overall, the use of lingo and language in the NFT community helps to create a shared sense of identity and culture. It also serves as a way to establish expertise and credibility within the space, while simultaneously signaling to others that you belong to the community.
EXAMPLE. This is a Frank’s ( Co-funder DeGod) tweet and his ‘lingo’
EXAMPLE. This is César’s ‘lingo’
Just in case you might be lost with the lingo, here I bring for you the top 25 most web3 lingo words that we, NFT people use. If you learn them, you are ready to get and talk to the NFT community:
- AF: Short for “as f***,” used to emphasize a description or statement.
- Alpha: typically refers to someone who is considered to be a leader or early adopter in a particular area or community. It can also refer to an investment or trading strategy that is intended to generate high returns, but is also high-risk and requires a certain level of expertise or confidence to execute.
- Banger: is often used to describe an NFT that is highly desirable and sought after, either due to its rarity, artistic value, or cultural significance. It can also refer to a successful investment or trade in the NFT space.
- Champ: is a slang term that refers to someone who has achieved a significant accomplishment or success in the NFT or cryptocurrency space. It is similar to the term “champion” and is often used to congratulate or acknowledge someone for their achievements.
- Degen: Short for “degenerate,” used to describe someone who takes risks and is unafraid of losing money in the pursuit of big gains.
- Facts: Used to emphasize a statement or point.
- FOMO: Fear of missing out, used to describe the feeling of wanting to invest in something that others are investing in.
- FUD: In the context of web3, FUD stands for “fear, uncertainty, and doubt.” It refers to the spread of negative or misleading information about a cryptocurrency, NFT project, or the broader blockchain space with the intent of creating panic and causing a drop in the price or value. FUD is often spread by individuals or groups who seek to profit from the resulting price movements.
- Gas: Refers to the fee required to complete a transaction on the blockchain.
- GM/GMERS: Short for “good morning,” used as a greeting in NFT and cryptocurrency communities. GMers are people who use the greeting “GM” (short for “good morning”) in the context of the web3 community.
- Homies: Friends or members of one’s community.
- HODL: A misspelling of “hold,” used to describe holding onto one’s cryptocurrency or NFTs rather than selling them.
- IRL: stands for “In Real Life.” in online communication to differentiate between online interactions and physical, offline interactions.
- King: Someone who is highly respected and influential in the NFT community.
- Legend: Someone who has achieved a high level of success and recognition in the NFT space.
- MFers: Short for “motherf***ers,” used in a friendly or playful way.
- Moon: Used to describe a significant increase in the value of a cryptocurrency or NFT.
- Nifty: Used to describe something as cool or interesting in the NFT space.
- Nude: Refers to NFTs featuring nude or erotic content.
- Normies: People outside of the NFT community who may not understand the culture or technology.
- OG: Short for “original gangster,” used to describe someone who has been involved in the NFT space since its early days.
- Queen: The female equivalent of a king.
- THIS: Used to emphasize a statement or point.
- W: Short for “win,” used to celebrate a successful investment or trade.
- YO: Stands for hey! here I am.
EXAMPLES
Meme culture
A meme is a concept, behavior, or idea that spreads from person to person within a culture. In the context of the internet and web3, memes are usually in the form of images or videos with humorous or satirical captions, which are shared and replicated across social media platforms and online communities.
EXAMPLE. To me eyes César always bring smart memes to my Twitter TimeLine:
In web3, memes are an important vehicle of communication because they can quickly and effectively convey complex ideas and emotions in a way that is easy to understand and share. Memes can also create a sense of community and identity among members of a particular online group or project, and can be used to promote a brand or project in a fun and engaging way. Additionally, memes often incorporate pop culture references and can tap into current events, making them relevant and relatable to a wider audience.
EXAMPLE in Health /wellness
3. Context. Web3 & NFT’s big timeline events and figures.
Here the facts with data, sources and percentage of web3 growth’s
- According to a report by DappRadar, the total transaction volume in the decentralized application (dapp) ecosystem reached $125 billion in the first half of 2021, representing a 639% increase from the same period in 2020.
- The number of active wallets on the Ethereum blockchain has grown from around 5 million in January 2020 to over 150 million in April 2022, according to data from Etherscan.
- A report by Deloitte notes that the total value locked (TVL) in decentralized finance (DeFi) protocols surpassed $80 billion in August 2021, up from just $2 billion in July 2020.
- The Crypto Fear and Greed Index, which measures the sentiment of market participants, has consistently shown high levels of enthusiasm and optimism for the future of the web3 industry in recent years. In April 2021, the index reached an all-time high of 95 out of 100.
Related specifically to NFT’s
- According to NonFungible, a platform that tracks the NFT market, the total trading volume for NFTs in 2021 reached over $10 billion, a significant increase from the $250 million in trading volume in 2020. (Source: NonFungible)
- In a report by DappRadar, a platform that provides data analytics for decentralized applications, the total value locked in NFTs increased from $2.5 million in January 2021 to over $40 million in September 2021. (Source: DappRadar)
- A survey conducted by Coinbase in 2021 found that 56% of their users were interested in investing in NFTs, showing a growing interest in the technology. (Source: Coinbase)
- The decentralized finance (DeFi) ecosystem, which includes NFTs, saw a significant growth in 2021, with the total value locked in DeFi protocols reaching over $100 billion in October 2021. (Source: DeFi Pulse)
- The Metaverse, a virtual world that heavily relies on NFTs, is predicted to reach a market size of $1 trillion by 2030, according to a report by ARK Invest. (Source: ARK Invest)
4. End Note. WEB3 LEADERS ARE CREATING A NEW SOCIAL PARADIGM.
‘Web3 leaders, along with their core teams and communities, are not only building web3 projects, but also shaping a new culture and society.’
Web3 is often discussed from a technological standpoint, but in this article, I aim to break down the people behind the innovation as holistic individuals.
Leaders in Web3 possess not only technical knowledge but also unique skills, personalities, values, and motivations that are essential to drive a successful web3 project. Their project represents a shift away from the traditional centralized model of governance and towards a more community-driven approach.
Ultimately, the goal of web3 leaders is to create a new type of society that is more resilient, equitable, and sustainable than the current model. By fostering a new culture and a decentralized economy, they are paving the way for a future that is more democratic, inclusive, and participatory for all.
Moreover, the creation of a decentralized economy is not only about changing the way we do business, but also about creating a new culture and social structure. Web3 leaders are working towards a society that values collaboration, creativity, and innovation, rather than individualism and competition. This new culture is centered around principles such as trust, transparency, and shared ownership and all this is possible thanks to the main vehicle, the blockchain technology
As an emerging industry, these leaders have in common their youth and drive to innovate. Let’s explore what sets them apart from traditional leadership.
Also Wale.Swoosh tweeted:
Vitalik Buterin, who co-founded Ethereum at the age of 19 in 2014 (as of May 2023, Vitalik Buterin is 29 years old) is widely regarded as the first great Web3 leader.
Vitalik Buterin’s leadership has been instrumental in shaping the Web3 ecosystem since a young age. His vision, communication skills, and commitment to decentralization have inspired a global community of developers and innovators to collaborate and contribute to the growth and success of Ethereum and the Web3 ecosystem as a whole.
Web3 is being built by a wide range of individuals, including founders, builders, and leaders, who bring different skills, personalities, values, and motivations to the table. These people are not simply interchangeable parts, but rather unique individuals with their own backgrounds, experiences, and perspectives.
Another beautiful part of being a web3 leader, is that this ecosystem is genderless, do not care about age, where are you from, or how do you look like, almost everyone has a digital identity/*pfp, and people LOVE to meet people IRL ( in real life), so that Leaders will also need to be “KINGS or “QUEENS” in this.
IRL (In Real Life) events are beneficial for web3 projects as they provide an opportunity for community members to meet each other in person, network, and build stronger relationships. This can help foster a sense of loyalty and commitment to the project, as well as attract new members who are interested in being part of a vibrant and active community.
Web3 leaders need to know how to manage IRL events effectively by creating engaging and inclusive activities that cater to the interests of the community. They must also be able to balance the need for fun and socialization with the need for learning and education about the project and its goals. Additionally, leaders should be prepared to handle logistical issues such as venue selection, event promotion, and security. By managing IRL events well, web3 leaders can build a strong and engaged community that is more likely to support the project over the long term.
EXAMPLE. Kevin ( Co-funder DeGods)
EXAMPLE. Web3 leaders in the NFT NYC 2023 event
EXAMPLE. IRL Luca is behind sub-communities meetings with Pudgy Penguin
In brief, on June 23rd, I will attend my first IRL event with the AZUKI community in Las Vegas, which will reinforce my sense of belonging by far (*af). I will share my experience in the upcoming article.
See you all there IRL
5. Sources:
https://twitter.com/__Talley__
https://twitter.com/cesarsuarezpab
https://twitter.com/Omnipotent_HF
https://twitter.com/waleswoosh
https://twitter.com/frankdegods
https://twitter.com/AlexIsBuilding
https://twitter.com/kevindegods
https://twitter.com/zachpumpit
