This is the 3rd edition of Wrap-Up Only, where you’ll find up-to-date information on upcoming events, new members, a round-up of the most exciting happenings in our Discord and the latest features we’ve been working on behind the scenes.
Community Highlights 👀
In the past week, 3 new members have joined ONE OF US. We now have a total of 34 members from 8 countries and 17 nationalities
We continued having our 1:1 calls with our members to better understand their areas of expertise. These calls help us evaluate ways in which our joint efforts can benefit the collective’s future initiatives and investments. We were also able to better understand our member's personal preferences and objectives within the Web3 space
As part of our 100k thought experiment, we had a call with Peter and a few fellow members where he presented his idea of building a co-working space offering private offices in Ubud, Bali
We've sent out a feedback form asking our member's thoughts regarding the idea of building a co-working space as an initial investment for the collective.
Most members were very keen on the idea and thought it was a sound investment with an achievable target
Each member mentioned the ways in which they would help initiate this investment. From project ideation to building the business model, to coordinating locally, and offering experiences, members have shown that they would be able to provide a great range of skills and input
One member advised that we should focus on building a greater sense of community and the right tools for investing prior to jumping ahead
Discord Highlights ✨
We received more ideas as part of our 100k thought experiment
Buy a laundromat in Portugal to generate yield and grow 1OU's treasury for future investment opportunities. The asset would help build value which could eventually back a potential DAO/community token (Shane - shane#1096)
Splitting the capital into 3 main areas. 20% into community investments to strengthen bonds among members, 40% into tech project incubations to create value, and 40% into highly disruptive crypto & blockchain projects to appreciate the value of the treasury (Ambar -ambrp#5095)
Thoughts on what type of initial investment 1OU should carry out
Most members believe that 1OU should start out with a simple, achievable project with good return prospects. This would allow the community to experiment with Web3 tools and governance while bonding, learning, and collaborating in the process.
The project itself could become a proof of concept for future initiatives (Emir Dino - Emir Dino#7345)
Wenny and Ambar both believe that real estate investments under 1OU should reflect the community’s culture and be a place where members can meet and express themselves
Even if we were to start out with a simple project, the project being built and and governed collectively using Web3 rails would help us promote 1OU (Ekin - eKING#7934)
New Members 🎉
Emir Bursa 🇹🇷, Istanbul & London - Web3 founder with a sports business and media background
Hidde Bakker 🇳🇱, Lombok - Partner and head of business developments at Tampah Hills and Seaside Collective
Benjamin Cowley 🇬🇧, Co-founder of 0xcean.xyz and head of Web3 advisory firm Canary Labs
Upcoming Events 🎟️
1:1 chats with community members (ongoing)
“Assembling the legal guild ” - The 1OU team and the lawyers in the collective meet to discuss and brainstorm some of the key legal decisions that will need to be taken ahead of the company’s incorporation and project incubations
When: 25.10.22 and 26.10.22
Type: Brainstorm and Discussions
Behind The Scenes 🎬
Our creative team has been working passionately on drafting a brief for our upcoming website (v2)
The creative team will have the first designs of our merch ready next week! Excited to wear our 1OU tees?
We’re in the process of fine-tuning our content output strategy. We plan on being a lot more active and creative on our social media channels from November onwards
We will be launching our new mid-week newsletter diving deeper in some of the best materials we’ve come across that week. Keep an eye on your inbox next week 😉
The 1OU team, along with legal experts in the community are exploring ways of incorporating the collective
The 1OU team is working diligently on setting up a technical structure which will allow community members to incubate and invest in projects initiated through the collective
We’re working on a technical roadmap which will give you complete transparency on the collective’s investment and incentive structures
Have a friend you want to invite to ONE OF US?
We are still curating our initial cohort and looking for 15 or so members to join our network within October. If you want to invite a friend please contact either Ekin, Emir or Alek.
Or your contacts can simply apply by completing our application form. We will review their submission and grant access after approving their profile.
We hope you enjoyed this week’s edition.
Have a great week ahead! 🙌