Types of communities within the NEAR Ecosystem

Business model, governance models and all that fun stuff

Me at parties

Examples of different types of communities, structures and business/sustainability models

4NTS Guild

4NTS Guild is now a registered LLC in the US with employees, contractors & contributors from all over the world.

It’s incredible to see how much they’ve grown over the last couple of months. They have been leading initiatives like NEAR Without the Noise, Humans of NEAR and are working on many more projects across the ecosystem.

Image Credits: 4NTS

I had also requested one of our community members be a part of my performance review at NEAR. This, to me, is really important because as part of the community team at a Web3 organization, our work revolves around making this community better and, ultimately, we’re accountable to our community.

If you’ve implemented this in some form within your organization where you’ve set up accountability systems within the community, I’d love to talk to you and get your insights.

Createbase Guild

The Createbase Guild started to take shape, primarily due to the efforts from the folks at Mintbase and the converations with creators. The community showed early signs around NFTs and sparked discussions about the creator economy. This was way before things became “mainstream” with Beeple selling an NFT for $69 Million. I personally think that NFTs and the whole creator economy would still have become mainstream, even without the whole Beeple/Metakovan thing. Did it accelerate the growth in any way? Maybe. But that’s a different conversation. Createbase is a success story within the NEAR ecosystem. But you already know the thing about Rome being built in a day.

Createbase Community Calls

The Createbase guild has also “given birth” to more guids like the Music Guild, VR Guild etc. that sprung up from within this one community and they’re moving towards being more independent, thanks to the structures and processes that Createbase had created.

I think DAOs are pretty unique and the ability to run a governance structure on-chain that operates in full transparency, is pretty incredible. Createbase can have their own token in the future and explore so many different possbilities with creators- gated access, royalty fee split with creators, equity fee for startups that grow from the community, and so much more. I think Web3 really enables a lot of this innovation.

Image credits: From the Human Guilds website

From people earning a living in Russia using NEARCrowd to artists selling their digital art on Paras making over five figures, it’s incredible to see how many people we’re able to support.

Human Guild is run by Vlad and Sasha. They are planning to focus on couple of verticals and involve the community in leading these verticals. On one side, they help projects in this space with adoption and on the other, they help earners from all over the world to earn within the NEAR ecosystem. Win-Win?🤝

The NEAR RU guild has gotten us new projects, developers, and more into the ecosystem.

If you’re familiar with crypto communities, I’d say this is one of the common types of regional communities that you’ve seen before where a bunch of contributors, token holders, and generally people who are interested in a project, and speak a common language, come together on a Telegram group, to interact with others. We have regional communities around the world including China, Vietnam, Korea, Australia, India and many more and they all operate pretty differently.

So, what’s the tl;dr

All of this to say that there isn’t a one size fits all for communities..surprise surprise! Web 3 tech unlocks a lot of possibilities, helps people get involved to work on projects in the open, and get rewarded for it. No need of fancy degrees from CS or business schools, no need to have FAANG company experience or investments funds, nothing! Come in with a curious mind.

To think of the fact that electricity⚡️, transferred into bits and bytes on our computers💻, helps us communicate with people from halfway across the world🌐, to form connections🫂, and most importantly, add and transfer value💸 that improves their life in some way..is truly amazing.✨

Bonus: Participants at our party last week

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Shreyas Narayanan

All things open | Community 🧙 @NEARProtocol | 👨‍🏫 @mozilla | ❤️ Startups | Remote work 🌐 | Blockchain ⛓| Technology 👨‍💻