Thank you @abbey.
I want to start by saying that I believe that Radworks has a narrative problem.
In my opinion, the current narrative is not working for us. Our proposition “We fund new technologies to cultivate internet freedom” has the following issues:
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It’s unclear what problem it solves and for whom.
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It presents us as inactive - as there is little engagement on the Radworks channels - which is absolutely not the case.
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It creates confusion; most feedback I have received about it is “is Radworks a VC now?” - which is not the case.
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We don’t have a passion for “funding” technologies or expertise.
While the DAO technically funds technologies periodically, our community’s heart lies in building them. The majority of active participants devote most of their time to building technologies rather than merely financing them.
Considering the above, a shift in Radworks’ narrative is imperative. We can achieve this by capitalizing on the groundwork laid by projects like Radicle & Drips. By emphasizing how all our current pieces fit together and by outlining a compelling vision, including new initiatives like the Radworks Seed Network (RSN), we can redefine our narrative effectively. In my opinion, now is the time for this change.
My proposal
I would like to propose that we pursue the following in order to address the above:
1. Radworks should return to the project’s roots with regards to its messaging.
- Radworks is building a sovereign developer stack.
- The Radworks ecosystem enables developers to securely host, collaborate and reward open-source contributions.
- Radworks is the sum of its parts (Radicle, Drips, RSN).
This means new website material needs to be launched for Radworks and a detailed marketing plan for Radworks needs to be created.
2. Radworks should update its tokenomics.
With the RSN proposal receiving enough support, I believe that Radworks has an opportunity to revisit its tokenomics and evolve the RAD token from purely being a governance token to becoming a token that could be used to coordinate all actors, govern the treasury and smart contracts, and reward infrastructure providers.
In my opinion, this is a natural evolution for Radworks and it creates the conditions for the Radworks Treasury to have incoming funds. It also aligns the RAD token with the broader DePIN community (e.g. Filecoin, Akash, Arweave).
To start activating this strategy, I will be requesting funds to start a new tokenomics working group (as part of the upcoming RSN proposal) to evolve the value propositions of the $RAD token.
3. Radworks should put more emphasis on community engagement.
A few thoughts:
My observation is that there is very little governance related activity taking place on the Radworks Discord, Twitter, and Discourse, resulting in sporadic gov facilitation needs (high during November // yearly cycle, really low the rest of the year). This is in contrast to what is happening with Radicle and Drips, where there is a lot of daily activity on their servers.
Taking that into account, I feel that more focus should be placed on Radworks related community work and less on governance processes & frameworks.
The strategy for Radworks that I would like us to pursue is summarized by the following:
We should be leveraging the active contributors & ecosystem projects and the activity that is taking place there → in order to set and amplify the right community tone & vibe → in order to finally surface that towards new and existing token holders.
Speaking of token holders, I think it’s time for this community to realize that traders and investors are an important group of this ecosystem that needs to be taken into consideration. I am sharing the following graphic from Vitalik’s latest post that resonated with me.
I would also like to share some concrete ideas below:
Twitter: It would be beneficial to move beyond mere notifications regarding discussion topics. Perhaps we could post actual summaries of conversations/approaches. Generally, I would prefer if we started creating more engaging content from the discussions taking place on the Discourse forum. We should also start hosting Twitter Spaces across the ecosystems or together with mission aligned ecosystems in order to share and amplify our work.
Discord: It would be valuable to generate more content about Radworks. This could include interviews with existing contributors, deep dives into new features from ecosystem orgs, surfacing interesting comments, or showcasing intriguing takes on governance from other communities.
Ideally, there should be rhythms where new content is posted every week.