Fight Club Briefing Document
-- PRE-CALL CHECKLIST ---
General Discovery
Researched by: Tobias
About the event
- Project: Fight Club
- Guests: Tessa
- Topic: Decentralized VC
- Event schedule: 07/05 10AM PST
- NOT FINANCIAL ADVICE
About our guest speaker
- Include guest name(s); try to include name pronunciation.
- Pronounced like Tesa
- Write a short bio about the guest(s) including their role at the project they are speaking about.
- “Cat Herder” at Fight Club, community writer at Messari
- Expert on tokenomics and Venture DAOs.
- Worked in DAOs for over one year.
- “Accidentally” doxxed herself early on in her web3 career.
About the project
- What is the general positioning of the project? i.e. DeFi, NFTs, DAOs, governance.
- Meta-DAO for decentralized venture funds focused on democratizing web3 investments.
- SubDAO of BanklessDAO.
- What is the value proposition of the project? How does it clearly differentiate itself from others in the web3 space?
- Fight Club is working in cooperation with several venture funds.
- How does it benefit it community members and general web3 communities at large?
- Fight Club is currently running education programs to train web3 experts.
- VC Analyst education program in partnership with FTW.DAO.
- Open to Bankless DAO L1s and membership NFT holders.
- Play-to-earn education program coming up.
- Generally, how does the product work?
- NFTs as membership cards with three membership tiers:
- Gold Genesis NFTs: Reserved for core Fight Club team members.
- Red Genesis NFTs: Mintable by Bankless DAO L1 members.
- Black Genesis NFTs: Mintable by the public (coming soon).
- Genesis fund:
- Seed and early-stage investments in web3.0 companies and protocols.
- Will be the first VC fund launched by Fight Club.
- LLC to be incorporated in Delaware.
- Open to accredited investors. Minimum investment is 10,000 USD for individuals and 50,000 USD for organizations.
- Fight Club Treasury:
- Funds were raised as grants from bDAO (~1 million BANK) and through the NFT sale
- Will also receive service provider fees from partner VC DAOs.
- Will co-invest in venture DAOs once a Foundation is incorporated.
- 10% of the NFT sale proceeds will be returned to bDAO.
- Results of the product so far
- First cohort of the VC Analyst education program completed.
- Practical applications of product.
- Detail current functionality of project, where it is deployed, TVL.
- Membership NFTs are deployed on Polygon.
- Current and potential use cases.
- Outline steps for a beginner to get started.
- Purchase membership NFT
- Join the Fight Club Discord
- Attend meetings (every Wednesday at 4pm EST)
- Token economy.
- Any recent, meaningful updates to the project.
- Roadmap/future applications
- Q2 2022:
- Establishment of an off-shore genesis fund.
- First cohort of due diligence teams.
- Q3 2022:
- Fight Club Foundation
- Establish Foundation
- Tokenomics research
- Token issuance
- Fundraising
- Q4 2022:
- NFT Club/Play-to-change
- Establish entities
- Operating agreement
- Investor member on-boarding
- Fundraising
About the ecosystem
- Find one or two things the speaker has shared in the past about the future growth, impact of web3?
- “How exactly does one become a tokenomics expert? Is there a tokenomics test somewhere?”
- How will their project(s) contribute to the evolution and adoption of web3?
- What are some web3 projects/tools that the project integrates to create a more robust ecosystem?
Anything else?
Resources
References
- Relevant project links including discord, website, twitter, podcast, medium, mirror, substack, gitbook, etc.
- Social media details of the guest.
- Discord: tesa_daa#9745
Sources