MetaCartel 2020 Review

Original Title: MetaCartel 2020 Recap

Author: pet3pan

Translator: Typto

· Pepper Tree Blooming on Ethereum·

From a working group 3 years ago to now, a network composed of many DAOs and individuals, each of us has a dancing chili soul in our hearts. MetaCartel represents a builder ethos in the decentralized web, and a culture that will survive long after our DAOs keep replicating themselves and crossing out into the wider non-crypto world.

Long live Chilli, long live Cartel.

What happened in 2020?

In 2020, although difficulties are unavoidable, we still have a lot of achievements.

🌶 MetaCartel Ecosystem

• [February] ETHDenver: JamesW spearheaded our Hacker House as Field Commander, and we went all out.

• [April] Dragon Quest: MetaCartel ran its first virtual hackathon with over 100 hackers participating and 30+ project submissions.

• [May] Formation of MetaCartel DAO Paladins, an operational action group

• [May] Led by Paladins, migrating our DAO from Moloch v1 to Moloch v2

• [Oct] MetaCartel receives funding from Ethereum Foundation

• [November] MetaFamily: Metakartel DAO and MetaGammaDelta start linkage

• 💸 MetaCartel Grants Program

  In 2019, we gave 15 grants, and 13 of the 15 projects are still running. In total, grantees raised more than $5.5 million, with nearly 33% more grantees going on to complete their next round of funding.

  Focus on:

• Zapper Finance raises over $3M and becomes the most used dapp in the DeFi space

• Gelato Finance raises $1.5 million and plans to set up DAOify in the future

• DAOhaus received a pre-seed round of financing of $250,000 in the form of a DAO

• MetaFactory has surpassed $100,000 in revenue and launched $ROBOT

• Mintbase secures $1 million in seed funding

• KnownOrigin achieves 500% market revenue growth

• Sablier acquired by Mainframe

• MetaGame launched their DAO and Token Marketplace

• v2 of rDAI is about to launch

• Kickback is now live on xDAI

• Rocket NFT is on hold, Alex Masmej is working on a new product

• OneClickDApp is still running

• Pepper4D shelved

• We also distributed 15 grants in 2020, but focused on supporting early DAOs and focusing on supporting new teams from hackathons, here are some key events:

• Signal DAO(The prototype of Collab land still has more than 30,000 DAU)

• Snapshot, Lightweight Governance for DAOs

• Overlay, a long/short trading protocol based on DeFi data flow

• Boardroom, a governance aggregator, has raised $2.2 million

• iEarnFinance,DeFi Yield Aggregator

• MetaGammaDelta: A DAO for a crypto sorority

• MetaClan, an eSports + DAO experiment (on hold)

• MetaFuel,Fusion Telgram + web 3 (on hold)

• FestDAO,DAO to host crypto events (on hold)

• Loft Radio,Cryptocurrency-Based LoFi Radios

• DAOSquare,A Chinese DAO Community

• Umbra,Private Payments on Ethereum

• Primal Portal,Regulatory Compliant CF platform to be launched in 2021

• Tree/Whaler DAO,An Elastic Supply Token for Charitable Funds

• Llama Finance, to solve DAO fund management

• SpaceDX,DeFi World Exploration Game

• MetaCartel Family Projects

  Regardless, it's been a busy year for our various incubation projects as well.

  🐉 Venture DAO

• The first investment DAO launched on Ethereum.

• First deployment and application of Moloch v2

• Deployed and launched with Moloch v2 during ETHDenver in February.

• The first round of financing exceeded US$5 million, and the current asset management scale is more than US$10.5 million, with more than 80 DAO members.

• Up to now, more than 20 investments have been made, including 5 MetaCartel Grants projects.

• Proves that community owned and operated VC funds are feasible.

• Investments in: Investments include:
  MetaCoin/Reflexer Finance, Zapper Finance, Republic, Pocket Network, DeFi Dollar, Boardroom, DAOhaus, NIFTEX, PoolTogether, Karma DAO, Gelato Finance, xDAI, Potions Labs, Reality Cards, EPNS, BrightID 

• 🤖 MetaFactory

• The first-ever marketplace for crypto-entity (NFT + tangible assets) products, focusing on fashion and crypto/street culture.

• MetaFactory Signature Brand and Wicked Sunday Club have jointly launched the first community management brand and now have over $100,000 in revenue.

• The flagship YFI. 01 hoodie is sold out and all MF Genesis Bombers have been delivered to initial members.

• MetaFactory launched the $ROBOT platform governance token, including retroactive distribution to all brand members, project contributors, product designers, and buyers.

• The entire platform governance has been handed over to community members.

• ⚔️ RaidGuild

• A decentralized developer store run by DAO, launched in early 2020.

• 78 guild members completed 20 raids, generating a total of over 177,000 in revenue.

• Start 🔥_🔥, a design offshoot of the token economy (Eats token world), currently working with Aave, RocketPool, Zapper, and many more projects.

• 🏡 DAOhaus

• A hackathon project, a DAO fully funded through Moloch V2

• Completed $250,000 in community fundraising through the Moloch v2 DAO model

• December 1: Launched v 2 Alpha ーhttps://alpha.daohaus.club 

• 📺 MetaMedia

• The first season of "The Spicy Take" managed to complete 12 episodes

• Will continue as MetaRadio

• 🐙 MetaGame

• More than 20 active contributors

• Launched a self sovereign digital society built on a community token (SEED), powered by sourced

• MyMeta web3 global user profile system beta launched

• Established the first physical MetaFam outpost in Denver, Colorado

• 10 founding guilds landed

• SEED has provided more than $100,000 in liquidity, and its total market capitalization has reached $800,000

• "If you want to go faster, go alone,

  If you want to go further, please go hand in hand. "

  We don't know what 2021 will bring us, but we still have a year to create a decentralized network that accelerates and advances the spirit of encryption, as well as doing the things we originally came together to achieve together.

  The revolution has not yet succeeded, comrades still need to work hard!