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Open-source backend for content at 1729.com, beginning with the Network State lecture series.
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I'm building a decentralized, digital nation. Here's what it looks like- #10

Open AbhisekBasu1 opened 2 years ago

AbhisekBasu1 commented 2 years ago

Hello, Over the past few months, I've been working at it and it's still a work in progress. I created a nation called BWO - Binod World Order. It's a project I applied with to Solana's India hackathon, and we were chosen as one of the winners.

This is our website- https://www.binodworldorder.com/ And this is our constitution- https://bwo.notion.site/The-Constitution-41137fc983dd4065a36e0ed244f6e260

The constitution explains why it's called BWO, and the significance of using the duck NFTs as an easy memetic point of entry. These are things that I've achieved with this so far-

✅ On-chain governance and verifiable proof of citizenship using the NFTs ✅ Memetic culture that is slowly growing into something unexpected (The #HighIQ hashtag is solely created by citizens) ✅ Organically growing to over 1200+ citizens across all citizen nodes ✅ No barrier of entry. Anyone can identify as a BWO citizen, regardless of whether they hold an NFT, our future token, etc. But participating in on-chain governance requires holders. ✅ Legally incorporated in a crypto-friendly jurisdiction. ✅ 100% organic growth. Reading the constitution is the only requirement.

Issues that I'm facing now-

  1. When I started working on this, there were almost no generative art projects. But right now, they're everywhere starting with BAYC and extending to 20 projects appearing everyday. Thus, the generative art market is saturated, and it's difficult to hook new users in this saturated market. I'm struggling to increase our population, as the memetic point of entry is failing because of reasonable market dynamics.

  2. Because the memetic point of entry is failing, there are far less eyes, and far lower hype surrounding the nation now than when we started. This is good in a way, as being small we can reiterate and focus on building a strong foundation, strengthen our fundamentals and build it out in stealth. But the lack of organic reach is also something that worries me, as building it out and remaining small isn't a great look for a global decentralized nation where the growth of our population is our primary metric of competence.

  3. No marketing and depending on citizens to spread the word. It is common for NFT projects to pay influencers, give equity to insiders and paid marketers, pump the hype artificially using bots and then dumping on retail. That is the structure of 99% of the NFT projects these days. As a decentralized nation, it was not only essential to avoid that route, but transparency and building an organic community was one of our primary objectives. But right now, it seems I have to figure out how to incentivize the citizens more to bring other citizens which is something I'm exploring right now.

Future goals-

🚀 Integrating IPFS and Solana and creating a sovereign, decentralized press run by pseudonymous individuals. 🚀 Building a decentralized, open source "Second Life" VR world. I'm currently working on integrating a solana wallet adapter in VR, so this is a long shot. 🚀 Crowdfund land, apartment complexes and hotels. Use them as sovereign hacker houses to accelerate open source development, education and as temporary residency for verified citizens. 🚀 Once we reach a considerable population, applying for official status and UN representation is on the table. Just like racial discrimination, gender discrimination, etc, is looked down upon, it is my belief that country-specific discrimination- regardless of whether it is a created country or a geographical one, would be relevant in the future and can be used to rally around this cause.

If you wish to join BWO, there is 0 cost to do so. Like I said, there is no need to buy the NFTs unless you want to participate in on-chain governance.

I'm posting this issue here because I think we all share a goal that we can discuss. I'm open to any advice/opinions/criticisms here in the comments, or in my DMs @_AbhisekBasu or @binodworldorder

suud commented 2 years ago

You mention that your project was chosen as a winner of Solana's India hackathon. Can you provide some evidence for that? I can't find it listed on Solana's webpage.

AbhisekBasu1 commented 2 years ago

@suud Sure! Here's a link to the hackathon page- https://buildingoutloud.solana.com/ Here's the link announcing the results- https://superteam.substack.com/p/building-out-loud-results And here's a link to our submission- https://devfolio.co/submissions/binod-world-order-ef6a

vbmach commented 2 years ago

Where did you incorporate?

AbhisekBasu1 commented 2 years ago

British Virgin Islands. Once hierarchical DAOs are set up within the nation, we'll separately incorporate in the Cayman Islands, Portugal and whichever nation offers similar regulatory frameworks.

latissimusdorsi314 commented 2 years ago

You may want to consider incorporating a DAO in Wyoming, which would increase your credibility compared to the other destinations you mentioned