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Otterspace

Otterspace

Otterspace’s non-transferable Badges help DAOs create better incentive systems, automate permissions and enable non-financialized governance
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Toward a better Web3

November 24th, 2022
A lot has been said about the most recent edition of crypto drama™. We have particularly appreciated the thoughtful analysis by Mario Gabriele and @0xfbifemboy. It feels as though we are stuck in a loop, with the same unfortunate unraveling of projects happening time and time again. Each time, everyday investors are harmed as a result of actions varying from naive to irresponsible or downright deceitful. The crypto skeptics inevitably feel vindicated and a bit more belief is eroded in the promise of this space we call ‘Web3’. At Otterspace, our optimism hasn’t faded and we see an opportunity to build a better Web3 that is less financialized and scammy and more decentralized.
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Exploring the role of DAOs in society

November 3rd, 2022
The emergence of DAOs (decentralized autonomous organizations) challenges fundamental assumptions around how individuals can come together to cooperate towards a shared goal. Innovation in the field of human association might seem surprising, but the modern limited liability corporation is also a relatively new concept at only a few hundred years old. For most of history, economic activity was carried out by individuals and families operating in social networks. The role of the modern corporation as a primary agent (and employer) in society is even younger - in 1800, around 80% of individuals were still operating as free agents, not employed by a corporation.
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Introducing fully consensual minting with Badges

October 27th, 2022
Over the years, the openness of wallets has been used for everything from genuine airdrops to spam and malicious attacks. Most recently we saw an attack that left thousands of accounts tarnished after being sent funds from a Tornado Cash wallet.
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Launching the next phase of Otterspace

October 13th, 2022
We’re otterly excited to announce that earlier this year we brought a stellar set of backers on board our Otter spaceship and raised $3.7M in pre-seed funding. Our investment round was co-led by Cherry Crypto and Inflection.xyz, both of whom share our vision for the future of Web3 and DAOs. Alongside our lead investors, we are lucky to have support from Bessemer Venture Partners, Coinbase Ventures, btov Partners, Paua Ventures, Tiny.vc and 35 Web3 operators and DAO builders, including Fredrik Haga & Mats Olsen (Dune Analytics), Abbey Titcomb (Radicle DAO), Will Papper (Syndicate), Sarah Drinkwater (Gitcoin), David (Metastreet), Sandeep Nailwal (Polygon), Konstantin Lomashuk (Lido), Eylon Aviv (DxDAO), Quickrider (FlamingoDAO), Alp Ergin (Prime DAO), Maex Ament & Philip Stehlik (Centrifuge), Chen Magen (CoW Swap), Scott Fitsimones (CityDAO), Vishesh Choudhry (MakerDAO), NiMA (SeedClub Ventures), Fabien (Snapshot), Peter Grosskopf (Ultimate Money), Mario Goetze, Concept Ventures, nxgen, Atka, the DAOJones collective and many more.
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The Otters have landed

September 1st, 2022
We’re excited to share that the Otterspace Protocol (Beta) is live on Optimism Mainnet! 🦦🚀
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How to use SBTs in your community

August 11th, 2022
The hyperfinancialization of Web3 has seen plutocratic governance, a culture of meme-driven speculation and roaring bull runs. Non-transferable (and therefore non-financial) tokens offer a promising path for communities built less around money and speculation. But how can this new type of token, sometimes called an SBT or ‘Soulbound’ token be applied within DAOs and other Web3 communities?
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Definancializing Web3 with SBTs

August 4th, 2022
There’s nothing quite like a market crash to embolden crypto-sceptics and make the mainstream question everything. We’ve entered a phase where the schadenfreuders are louder than the shillers, and the lights on the community’s guiding torches have dimmed. 
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DAO Badges as Non-transferable Tokens

July 15th, 2022
Since the publication of Decentralized Society by Weyl, Ohlhaver and Buterin, soulbound tokens (SBTs) have become one of the most discussed topics within the Ethereum community. Futures have been imagined, sparks have flown and flags planted in the ground.
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Five lessons we’ve learned from bringing DAO tooling to market

June 1st, 2022
Blog post on common go-to-market challenges and strategies within the context of selling tooling for DAOs.
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