-- PRE-CALL CHECKLIST ---
General Discovery
Researched by: Jaris James
About the event
- Project: Metafactory
- Guests: Metadreamer, Founder of Metafactory
- Topic: Community Owned Merch Platform for Web3 Communities
- Event Scheduled: February 08, 2022 10am PST
- NOT FINANCIAL ADVICE
About our guest speaker
- Metadreamer (Twitter: https://twitter.com/META_DREAMER) (Discord: METADREAMER đ#1111)
- Write a short bio about the guest(s) including their role at the project they are speaking about.
- In Junior High, Metadreamer began building and selling computers. Around the same time in 2011, Metadreamer used the same computers he built to mine Bitcoin.
- Metadreamerâs crypto journey began in Junior High when he started playing Runescape. The players online would mention Bitcoin mining, and Metadreamer took up Bitcoin mining as a hobby, stating that âit was a cool way to make money.â
- In the traditional fashion industry there are so many issues with brands not including its core contributors in a fair share of their profits, even though theyâre involved in every step of the process, and have such an important role to play. Metadreamer noticed this with the brand Zara, and wanted to create a new fashion marketplace, in which, people are participants and owners of the brand, itâs much more fair and transparent, and made possible through web3.
- Metadreamerâs biggest achievement in web3 was creating the first community owned marketplace.
About the project
- What is the general positioning of the project? i.e. DeFi, NFTs, DAOs, governance.
- Redefining consumerism and brands to be Community owned and directed. Metafactory utilizes NFTS, DAOs, governance, and DeFi.
- What is the value proposition of the project? How does it clearly differentiate itself from others in the web3 space?
- Metafactory differentiates itself from others in the web3 space by providing a community owned platform for digital designers to take their concepts from an idea, into physical merch. Designers can collaborate with each other in the Metafactory discord server to create templates for production. Metafactory covers all production costs, manages promotion, and handles all packaging and shipping.
- How does it benefit it community members and general web3 communities at large?
- Metafactory democratizes product production. Anyone with design skills can join their DAO, share their ideas, collaborate with others, and turn their ideas into physical products. Members of the DAO can also sell their products on the Metafactory website, which has a web3 target audience, and the contributor doesnât have to provide any capital up front.
- Is it bridging blockchains, protocols, tools, communities, etc.?
- The Metafactory DAO governance token is built on Ethereum and can be used to supply liquidity in their Balancer Smart Pool. Users who provide liquidity receive $GEAR â ROBOT liquidity pool tokens.
- Does it bring a unique vision or approach to solve challenges in web3?
- Metafactory provides a platform for the starving artist. There are plenty of people trying to sell their artwork on their own in web3, but by Metafactory being a community owned marketplace that democratizes production, artists from all over the world can coordinate with each other and gain direct access to an audience of targeted web3 collectors without spending a dime.
- How does it improve the web3 ecosystem?
- Metafactory provides a platform for designers to easily sell their work by giving them direct exposure to the Metafactory marketplace, as opposed to their designs being lost in the OpenSea.