JournoDAO Weekly: Summertime and the Livin's ... Easy?
Photo by Raphaël Biscaldi on Unsplash

JournoDAO Weekly: Summertime and the Livin's ... Easy?

Annnddd we’re back! JournoDAO took a quick summer vacation last week to unplug and enjoy a little sunshine while we gear up for a wild and crazy fall season.

Even though we pressed pause on our public gatherings last week, the community still had some compelling debates and perspectives on the evolution of web3 and JournoDAO’s role in shaping our decentralized ecosystem.


Testing Out Tokens

We've got a prototype of a $JOURNO token app. $JOURNO is an ERC20 that's non-transferable, so you can't trade it or speculate on it. The app allows you to send $JOURNO to journalists you appreciate via their Twitter account by donating to the JournoDAO treasury.

So for example, you can donate $5 to the JournoDAO treasury via credit card/Stripe and tell it to send 50 $JOURNO to @EricCMack and the app will hold the tokens for @EricCMack until he comes to claim them. The @journo_bot account will tweet out to whomever you decide to send to and let them know they have tokens waiting. All they have to do is come connect their wallet to claim them. We pay the gas fees for minting.

So what can a journalist do with $JOURNO tokens? The first thing we're building around the token is a leaderboard of $JOURNO token holders. Journalists can promote their links on the leaderboard, so rising to the top will get them more reach and readers.

The leaderboard also gives JournoDAO a chance to promote journalists who are doing good work but haven't received any $JOURNO tokens yet.

If you'd like to help test, DM us on Twitter, find us on Discord, or email us at [email protected]. We're testing on Optimism Goerli and Stripe's testing sandbox.

Collabs and Conversations

Our internal conversations within JournoDAO spanned a plethora of topics and we added a few of them to our Town Hall agenda for this week. Everything from exploring a Network State for journalists to offering advisory services through the DAO to identifying the short-term problems we’re helping to solve in the present moment. And let’s be real, the volume of short term problems in the media industry that could be supported or solved through decentralization is stunning. Where do we even begin?

Our blockchain investigative project with Diamond DAO is evolving as our input helps shape the tools they’re building. Eric Mack published this article in Forbes and the seeds for this conversation were planted by our internal conversations about the sanctions levied against Tornado Cash and our investigative work with Diamond DAO. If you missed this news, please take a minute to read the article and process the impacts of such a measure on our ecosystem and keep an eye on this story as it unfolds.

Two of our Founding NFT members partnered up last week and produced the most amazing little journalism baby ever! We’re biased, but so amazed to see the collaboration between Photure and Unlock Protocol to create the web publishing component of Photure’s breaking news mobile app. Click here to see a brief demo and be sure to follow Photure so you can be one of the first to try their web platform out once it’s live. And, again, we’re biased, but we think this little journalism baby might just give Mirror a run for its money!

Such collaborations and synchronicities keep flowing our way, so much so that we’re internally debating the concept of offering strategic advisory services for web3 protocols, projects and DAOs seeking decades of combined journalism, storytelling and blockchain experience to help strengthen their projects.

And lastly, Desertrat decided to mint more of her coverage from the Women’s March in DC in July into NFTs that offer a split that feeds directly into the JournoDAO treasury wallet once collected. 75% of the proceeds from each sale and royalty will go directly to our treasury. Check the NFTs out and get to collecting!

Onward and Upward!

Thanks so much for supporting our mission and please share this update on the Twitters and in your community! And if you haven’t already, please submit the form below and join our mission!

Please share this update with your community and apply to join our DAO using this link. We’d love to see you in the Discord!

And please don’t forget to gather that ETH and DON’T collect our Founders NFT!