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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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How CoW DAO uses Badges to improve transparency in their Grants Committee

January 19th, 2023
CoW is a DeFi protocol that allows users to trade cryptocurrencies at lower fees by matching peer-to-peer trades and searching across all exchanges for the best price. The protocol is governed by CoW DAO, whose members vote on proposals using the native CoW token. The purpose of the DAO is to manage the infrastructure of the CoW ecosystem by overseeing system parameters, allocating funds, and determining incentives. One of the main initiatives that CoW DAO launched was the CoW Grants Program, with the main mission being to fund the growth of the CoW Protocol ecosystem. While an initial process to govern the CoW Grants Program was established, it lacked the transparency, openness, and flexibility DeFi strives for, and needed a change.
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How RadicleDAO is planning better membership and governance with Badges

January 17th, 2023
DAOs are redefining human coordination and organization. During their meteoric rise, there have been many growing pains, including low voter turnout and a high concentration of votes in a small number of hands. In their transition to the DAO, Radicle has also experienced these challenges.
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How Bankless DAO uses Badges for Membership Levels

January 11th, 2023
Bankless DAO is the decentralized organization leading the charge in the mission to onboard 1 billion people to crypto. With a strong community of over 29,000 Discord members, 13 Guilds, and 5,900 token holders, Bankless DAO is at the forefront of the decentralized movement.
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Using Otterspace to build your community’s membership structure

January 4th, 2023
Although they are similar to NFTs, Badges are different in one crucial way: they cannot be bought and sold. Badges are earned NFTs that communities use to represent nuanced aspects of membership.
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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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