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· 2 min read
Kale
filipv

If you held JBX before 2022-02-23 and have not done so already, claim your JBX!

We've seen some super interesting results from the Juicebox Benefits Airdrop which launched last month. ARCx has worked with us to collate and summarise some preliminary findings from the airdrop. Results below!

Definitions

To fully comprehend the findings, it helps to quickly define the terminology used in our analysis.

Most of these findings centralise around a concept called the "Retention Rate". The retention rate is defined as the lowest JBX balance for an address after the airdrop. To better understand this, let's use an example:

0x123 claims 100 JBX tokens from the airdrop. They then go on to sell 30 of their tokens immediately after claiming. This address then waits a week, and buys back the originally sold 30 tokens. In this scenario 0x123 would have a retention rate of 70%, even after buying back the tokens, as it is the greatest amount of tokens sold after the claim.

This logic ensures that per address the retention rate can only go down over time.

The second concept to understand is the "Average Retention Rate". Many of these graphs aggregate the retention rates across all claimers in the airdrop. The average retention rate is defined as the average of all the retention rates for all addresses whom have claimed already. So, again using an example, if 10 addresses claimed the airdrop each day, then the average retention rate on day 1 would only consider the first 10 address and not any of the addresses who claimed on day 2, day 3, etc.

Findings

The first graph shows retention rates 28 days after several major airdrops. The Juicebox Benefits Airdrop had unprecedented levels of hodling!

The next graph also shows retention rates, but instead shows them over time. After a brief selloff, retention was remarkably stable.

Next, we consider this same retention rate over time broken down across the 3 different score chorts (see JBP-114). Interestingly, the cohort with scores between 53-200 had the second highest retention rate, beating out the 201-300 cohort by ~15% at times.

Finally, we looked at how quickly each cohort claimed their JBX. Interestingly, the 53-200 tier fared better than the 201-300 tier in this metric as well.

Thank you to everybody who helped make this airdrop happen. More information and analysis will be coming soon!

· 6 min read
Felixander

“Juicebox in the words of” is a series that highlights JB community members in interview form. Learn about members’ roles at JB and what makes them tick.

tankbottoms is a new contributor to the JB space. He contributes to JB, Wagmi productions and MovementDAO, and is a passionate software developer with a unique handle to say the least. Read on to learn a bit about his thoughts on the Web 3 space, DAOs, and his passionate interest in furthering humanitarian causes through MovementDAO.

First, the name– tankbottoms– would you mind walking me through that?

I wanted to draw attention that there are other articles of clothing that may not get the attention that they deserve, such as tankbottoms, and so that’s my contribution, fashion education.

How'd you get started with JB, and what attracted you to the platform?

I’ve been around six weeks or so. I’ve been in software development for a minute, and I met some anons who wanted to do this public good DAO, which is now called MovementDAO. It’s part seeding start-ups, part non-profit, part social movements. In researching platforms to work with I found two which I liked the most, OpenLaw’s TributeDAO Framework and Juicebox.

TributeDAO we updated all the tooling and added DeFi, and at the end felt it was not as accessible as we would have liked. We also took Juicebox forked it and launched it on Polygon (where Matic is used), which was more what we were looking for. However, we are not the kind of cats to fork and do stuff, its open source and its fair game, but we contribute, add value and divide up the work, so it seemed right to contribute to helping through v2.

One place it was mentioned where we could help was figure out the BannyVerse situation. I pinged Wagmi’s Mieos and started collaborating with constructing Banny to be mintable, worked on the TokenUriResolver how the veBannys were going to be selected, and planning on the BannyVerse would unfold NFT-wise.

That’s fascinating, you seem to be well-versed on the technical side of this stuff. In your opinion, how do DAO’s protect themselves from bad actors/sabotage?

A few DAOs have added a veto contract or function in existing contracts that can veto any pending proposals. This can be provided to a law firm, also called service provider, or retained by the founders until they revoke the right on chain at a later date. In other words, it’s designed to ensure nothing crazy happens.

Interesting. It seems like that mechanism kind of runs against the philosophy of what a DAO is, doesn’t it? How do you strike a balance between control and decentralization?

That’s the dichotomy– you can make a decentralized protocol that’s idealistic, and it functions, but then there’s the reality that people are involved, and if it has ETH, there needs to be emergency protocols in place – to guard against whether someone’s gaming, a flaw in the smart contract is discovered, or some bad actors reveal themselves. This whole space is a one large expensive experiment and so you really don’t know what may happen, so its safe to be prudent.

I always think of DAO/Crypto time similar to dog-years and aging: like one month of time in a DAO has gotta be at least 6 months or a year at a regular IRL company. You and I of course both help as contributors to Wagmi productions. How would you describe your role at JB and Wagmi after this first 6 weeks or so?

I like to think if there is code which expands the reach of the Banny, I am enabling this. I wrote the Juicebox TokenURI Resolver for the veBanny and make sure the composite Banny and appropriate metadata are deployed on IPFS. Additionally and more importantly, when Juicebox token holders go to stake their Banny and enter the Bannyverse, I aim to enable the experience to mint a unique Banny with anything from Hattori Hanzo to AK-47. A banana has got to defend himself.

I always ask about where all the assholes are, it seems like so many talented people working together should bring a clash of egos. Where are the assholes?

I think it starts from the OG contributors, and fortunately the OG contributors have set a tone to be inviting and respectful as well as reward contributors. I also think people who stick around are very talented, the Notion docs do a pretty good job about making it clear that you have to contribute before seeking a one-time or reoccurring payout. All the contributors are pretty cool about their talent. And that kind of sets the atmosphere.

Between you and me and the rest of the internet, who’s your favorite contributor, and why is it Mieos?

I think WAGMI makes it clear you can add a lot of value even if it’s not code. WAGMI’s pixel ninjas, 60 Minutes style interviews, and the enabling of the BannyVerse reinforces that throughout whatever the problem, we are all here to have fun; and reminds us all to no take yourself too seriously, and that says a lot. Mieos is very humble, even though he’s been around in the space for a long time and basically the OG JB whale. He’s pretty rad.

What’s a project (within or outside of JB) that you’re really looking forward to in the future?

MovementDAO, and the future of Juicebox v2 are both things that I am working on and that I am looking forward to enabling. We are all learning every day how things work and willing to change it up, but I want to understand some fundamental parts of what makes Juicebox successful not for just raising funds but to getting people to operate treasuries transparently. We (both JB v2 and MovementDAO) want to enable this with endowments, NFT businesses, start-ups, liquidity pools into a well orchestrated decentralized protocol.

What’s something people would be surprised to learn about you?

I don’t know, hmm… I lived in a monastery!

· 4 min read
Felixander

Predictions of Past and Present

Once in a while it may be nice to let loose with a little silliness. So enjoy this short article on 18th century critical theory and the folly of technological prophesies.

Historicism, that nebulous academic term that finds itself increasingly harder to define the more you delve into it, is at play more than you may think in the ever-changing landscape of web3. A term originally coined by Friedrich Schlegel a couple centuries ago, we will define it– for the purposes of this article– simply as the idea that societies at different times in history can oftentimes lose sight of the fact that time keeps marching forward. The future, it turns out, isn’t the easiest thing to predict. And the present doesn’t offer up all the answers. As much as we may be tempted to feel like we’ve got it all figured out, history has a bad habit of revealing the folly that belies this hubris.

After all, two Romans speaking a couple thousand years ago didn’t ask each other what year it was, only for one to tell the other, “We’re in the year -22 BCE, dummy!”

All this a long-winded way to say: people tend to lose sight of the future, or, to be more precise, never truly have it. Our ability to predict is pathetically unreliable as systems grow more complex. Case in point: computing power has grown exponentially, and yet we are still terrible at predicting weather. You’d think with all our developments we’d be able to see a massive hurricane before it forms, and yet this feat is presently considered functionally impossible.

For all the naysayers out there: criticism of new ideas, technologies and ways of building isn’t too new after all. People have a hard time predicting what will work, but hindsight is 20/20. Enjoy as we pit historical figures, living and otherwise, in a match of predictions in the Premonition Rumble!

JB’s Inaugural Premonition Rumble!

Warren Buffet versus Robert Metcalfe

"In terms of cryptocurrencies generally, I can say almost with certainty that they will come to a bad ending.” - Warren Buffet, 2019

vs

“I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse.” — Robert Metcalfe, founder of 3Com, inventor of Ethernet, 1995

Paul Krugman versus Thomas Edison

“Twelve years on, cryptocurrencies play almost no role in normal economic activity. Almost the only time we hear about them being used as a means of payment -- as opposed to speculative trading -- is in association with illegal activity.” - Paul Krugman, Nobel prize-winning economist, 2021

vs

“Fooling around with alternating current (AC) is just a waste of time. Nobody will use it, ever.” — Thomas Edison, accomplished inventor, 1889

Warren Buffet versus David Sarnoff

"Cryptocurrencies basically have no value and they don't produce anything. They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person's got the problem. In terms of value: zero." — Warren Buffet, 2020

vs

“The wireless music box [ie the radio] has no imaginable commercial value. Who would pay for a message sent to no one in particular?” — David Sarnoff, founder of RCA, 1921

Charlie Munger versus Steve Jobs

“I think I should say modestly that the whole damn development [of cryptocurrency] is disgusting and contrary to the interests of civilization.” - Charlie Munger, legendary investor, 2021

vs

“The subscription model of buying music is bankrupt. I think you could make available the Second Coming in a subscription model, and it might not be successful.” — Steve Jobs, 2003

Bill Gates versus himself

“As an asset class, [crypto] is not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment.” - Bill Gates, crypto expert!, 2019

vs

“No one will need more than 637KB of memory for a personal computer. 640KB ought to be enough for anybody.” - Bill Gates, computer expert!, 1981

vs

“Two years from now, spam will be solved.” - Bill Gates, spam expert!, 2004

vs

“I see little commercial potential for the internet for the next 10 years.” - Bill Gates, Nostradamus Incarnate!, 1994

Main takeaways

  • All the radios in the world are kind of just window dressing, I guess
  • Wtf it’s 2022 and Spotify still doesn’t have The Second Coming!?
  • Alternating current is a flex, not the basis for the world’s electrical grid
  • I don’t even know where the fuck you’re reading this, because the internet imploded in 1996

Welp...

Our competitors fought ferociously— have you been keeping score at home?

· 5 min read
Felixander

“Juicebox in the words of” is a series that highlights JB community members in interview form. Learn about members’ roles at JB and what makes them tick.

twodam is a long-term contributor at JB that is known for an incredible work ethic, moderating the discord server, and creating data visualizations. He also serves a unique role in bridging communication between our English and Chinese speaking communities at JB. Read on to learn about his roles as a contributor and communicator for the JB community.

How did you get started with JB, and how has it changed since you’ve been here?

When researching ConstitutionDAO, I discovered the platform Juicebox, and joined Discord. During that time I read through the documentation and code base, because I saw a lot of people asking questions, so I spontaneously went to help answer them. It so happened that because of the popularity of ConstitutionDAO, many people joined Discord, and that number of people reached several thousand. Zeugh recognized and recommended me to be the Discord mod. After that I also made several data panels according to the needs, to better show the trends in different aspects of JB.

Since I’ve joined, JB started to have multi-language support, the governance process got better, the number of contributors increased to a dozen, a lot of things were moving forward, and everyone was smart about it.

That's awesome, it sounds like you're a big part of that progress. What would people be surprised to learn about you? Any interesting hobbies?

Yeah, just in time and it's great to work with everyone. I actually did contract development for a while before and was a full time programmer. I used to study projects from the whole and in detail— for example, studying a protocol from the front-end all the way to the contract implementation, from the documentation to the surrounding tools and from the community to the team atmosphere.

That's super cool. When you're not at a computer, what do you like to do to pass the time?

Read books, hang out with friends, play billiards. I also like to read science fiction and literary fiction.

That's awesome. A lot of the Web 3 space can feel like a sci fi, to be honest.

In terms of exploring a lot of new directions?

Yeah, new directions and also I think people don't really know what this new space and technology will bring. How do you think Web 3 will change the world?

It will make UGC owned by the creator, bring innovative formats to human collaboration and keep many things decentralized on chain, which brings transparency, retains history and much more...

And maybe also somehow important, there are not really regulations yet, so innovative ideas without too many limitations can thrive.

“Innovative ideas without too many limitations" really strikes me as a biggie. It seems like people are willing to go out and take risks, and make themselves vulnerable. It says a lot for an environment to bring that out of people. How would you describe your role at JB?

I work as the Discord moderator, multisig owner and specialize in Data Viz. I also do community support and alignment, and post educational materials for mainly the Chinese community. I’m also actively looking for different things that I could help; recently I’m writing a Juicebox weekly summary with 0xSTVG. Also our website and blog supporting multiple languages is something filip and zotico work on very hard, and I work on the Chinese translations of that.

That's awesome, and things like the weekly summaries are really important. I always wonder about the Chinese community and how the information travels between it and the rest of the community. You kind of bridge that gap from what I understand, is that accurate?

indeed, with the help of zhape who helped a lot in communication and vibe summaries in town-hall.

That's amazing. Is it a difficult role to have? I know sometimes there are differences of opinion between the communities. How do you manage to keep the peace?

First thing I would try is to understand different opinions, and then I would help to bridge them to discuss together. Sometimes it’s because people have misunderstandings, I will show them where to check and explain to them the reasoning behind. Sometimes it’s because the language gap, then I will help to translate and/or communicate, for example: find the real problem, let them have discussion and correct the misinterpretations if there were any.

Yeah, this role is not easy I would say, you can’t make everyone happy... have to balance between a lot of things.

It sounds tough, but it also sounds like you are taking a really level-headed and fair approach. Okay final question-- what is the favorite part of your day?

getting inspiration when solving problems and getting recognition from others.

make me feels good and powerful.

· 2 min read
filipv

Juicebox v2

Jango's proposal to Deploy v2 passed by overwhelming majority. You can learn more about v2 on the docs.

Currently, v2 is scheduled to deploy on April 16th.

Frontend efforts are already well underway: as of 2022-04-07, the V2 feature parity milestone is 64% complete. Feature parity is Phase 1 of PeelDAO's roadmap for v2.

veBanny Frontend

VeBanny has pushed into a new stage. We have completed all the Layers, Backgrounds and token spreads. The Ui for the VeBanny voting token minting site has been fully drafted. All contracts are written and nearly finalized. Next steps are to tighten up some front end pieces and start the build out.
―Mieos

For realtime progress updates, take a look at the Figma.

Juicebox High

Juicebox High is live (and you are on it right now)! Join the Discord and send a message in #documentation if you're interested in contributing or have ideas for improvements.

You can use the new blog with your RSS reader by adding https://info.juicebox.money/blog/rss.xml or https://info.juicebox.money/blog/atom.xml.

Metaverse Festivities

Lexicon Devils has some amazing plans for April! Here's the schedule:

Head to the Juicebox Lounge to join!

Juicebox in the words of

Felixander has launched a new interview series called "Juicebox in the words of".

In his words: “Juicebox in the words of” is a series that highlights JB community members in interview form. Learn about members’ roles at JB and what makes them tick.

Interviews with zom, filipv, jango, and peri have already been published. You can find the latest interviews (and more) on the blog.

Vote!

FC#20 temperature checks are live now. Head to the Discord and vote! Snapshot voting opens at 00:00 UTC on 2022-04-12.

· 11 min read
Felixander

“Juicebox in the words of” is a series that highlights JB community members in interview form. Learn about members’ roles at JB and what makes them tick.

peri is one of the two OG’s of JB, having created JB along with jango and worked tirelessly to streamline it, organize contributors, and deliver excellent front-end work at a breakneck pace. Along with jango he has by far the widest perspective of the JB story. Read on to learn a bit about JB’s beginnings and evolution.

How'd you get started with JB, and how has it changed since you've been here?

I was kind of around building JB from day one; jango and I were working on it by ourselves for a pretty long time before we started getting some more regular teammates… I probably spent a good six months or so building the app and most of that time I was full-time dedicated to JB. I’d left my other day job early on.

The first iteration of the JB app was fairly limited; it definitely had some shortcomings, so we figured let’s just get this to a  good place and see if people enjoy it. After JB launched it took about a month or so before the project got much traction. After that– I think Sharkdao was the first project that gave it a lot of traction– we got some other front-end contributors to help out with the work that I was doing.

What kept you going early on, when you had to move mountains and put so much effort in. Did you and jango have a clear vision for what all that work was going to amount to?

I think jango and I each had our own unique visions for JB– they weren’t opposed in any ways, but there were definitely certain things that were driving me and important to me, and certain things important to him. Early on– really really early on– I didn’t have a complete vision for how JB would exist in the world; it was more just an interesting experiment to build a web-3 app, and I wanted to get some experience working in web-3. JB is fairly complicated, so over the months we were constantly reshaping it, so the vision was changing as well. About 2-3 months before we launched I started to think about it and realized how valuable it would be to DAOs. While we were building it, DAO’s were only just starting to become big. I felt like, somebody could use this not just as a business or to create a fundraiser, but can create a community of people, and that’s when I felt like JB really came into its own and found itself. The beauty of jb is that it’s super extensive, and can be used for all kind of things, not just DAOs.

What’s the average day for you look like now that JB has kind of found its stride and that major early work has been done?

It’s definitely changed a bit– in the early days after the launch, once JB went public, it didn’t change a lot, but we were also getting a lot of feedback from people on what was needed and how to better streamline things. Putting a lot of these complex items into a digestible way was very hard, especially when you’re so intimately familiar with these complex processes, so getting feedback from people who were seeing this for the first time was a huge help for us.

Once there were more full-time contributors coming in (who we formed peel with), it changed a lot. I can’t say enough good things about those early contributors– I feel so blessed that they came so eager and willing to put themselves into the work. From day 1 I was pushing code to fix small bugs and also thinking of these big-picture things, so I had wanted for a while a team to be able to help out with some of that workload. It was really beautiful because it was a time of wondering how to get those people in here, and I wondered: is this what a recruiting process looks like, do I need to be advertising positions, interviewing people and so on? That whole process is not something I was very excited or eager about, so I was just like, “Hopefully there will be people who find the project interesting and show up to help out”– and that ended up being exactly what happened! JohnnyD, Aeolian, Torvusbug, Ooyoo were some of the major early contributors and with them we kicked into high gear. The code base got cleaned up a lot and having that diversity of opinion and diversity of experience was just a huge asset. After a month or so of that we realized we had a real team here, and started feeling like a machine.

With growth happening so fast, is there any way to even predict what JB might look like in a couple years?

The speed of things is remarkable, and that’s an amazing attribute of web 3. JB feels like it’s going as fast as it can go, and that’s a consequence of a  number of things. A big factor is that there’s always public conversations and transparency, so there’s very little time wasted on catching people up, so everyone is getting the info more or less in real-time at the same time. Most people spending time on this aren’t clocking out at 5pm, they’re working when they want to and when they feel like it, and their passion has them executing ideas very quickly, which is wild.

Talking about 2 years from now, that feels like a lifetime; it’s hard to make any predictions, but I think the main thing we’ll see going forward that I can hardly even really predict– I don’t know what it’ll look like– but I think there’ll be a lot more decentralization of the project itself. With introduction of V2 there’s gonna be a lot of added flexibility, with more diverse use cases people can use JB for, and a lot of these use cases will probably end up being built around custom extensions of JB.

Switching gears a bit: when you meet that awkward uncle at thanksgiving we all have, and they ask you what you do, how do you explain JB and your role in it?

Haha. To be honest I don’t find myself in that situation all that often, so I don’t practice very frequently, and every time I do find myself in that situation my take on it may have changed since the last time. Oftentimes, if it’s someone who isn’t familiar with web 3, I won’t even mention JB at all because there’s so many layers of abstraction to go through. But if someone’s really curious, I generally start by comparing it kickstarter, and I don’t really think that’s the best place to start, it’s just the easiest since it’s a fairly similar type of mechanism people are already familiar with. So you can kinda start there as an organization that raises money, but obviously the big differences you have to jump to is issuance of tokens, what that means, the programmability of it all, the restriction on money withdrawal and to whom. That’s when it starts getting really tricky to explain.

I’m always surprised by the conspicuous lack of assholes at JB– where are they all hiding?

Haha. I really have never thought about that. There’s a lot of assholes in the world, and maybe there were 2-3 who have come through JB in the past, but I think of it by remembering this term jango said to me once, he used this expression– “DAO immune system”-- and it immediately clicked to me what he meant: every DAO that has a strong culture, they have an immune system, and it’s an immune system to people and decisions. And the consequence of that is if there’s ideas thrown out and talked about that aren’t fitting with the momentum of the DAO, then it tends to be squashed. But the beautiful thing about that is that the way the JB immune system seems to work is very polite and genuine.

Would you call that killing with kindness?

Yeah, I definitely see a lot of that, and it’s a beautiful thing. On the topic of the DAO immune system, when factions do emerge, the beautiful thing about it is that it still remains a very democratic process, and evaluations of decisions aren't based on what’s “right” and “wrong”, it’s rather the democratic process of voting with JBX. Also fascinating: they’ve always been fairly close votes when these issues have arisen. Ideally the way the system is set up and the governance processes we have, the DAO will ultimately decide what’s best one way or another, and that’s entirely subjective, since there’s no such thing as an objectively good or bad outcome.

It’s interesting connecting DAO’s to democracy– in democracy, we have structures to influence voting, like campaigning, super PACS, etc. Arguably the world of DAOs is too young for this– but do you see this is an eventuality of communities and factions within DAOs trying to gain control to guide DAO decision-making?

I think we see that already. That’s a necessary part of any voting process, a “campaign”-- it doesn’t necessarily need to look like what we think of campaigns in ordinary politics (posters, pamphlets, etc) but it already does happen, for instance when somebody creates a proposal, there’s an implicit requisite for them to defend that proposal and explain why. The temperature check is designed for discourse, and those types of conversations are themselves a form of campaigning. It’s the responsibility of people much more involved in JB who have a more nuanced understanding of the mechanisms to distill their opinions on responsible voting, or to fairly summarize the pros and cons of the proposal because less-active JB members aren’t as familiar with the proposal.

Excellent point. Switching gears: who is your favorite JB contributor, and why is it filipv?

Haha. Filip’s great, I have a lot of love for filip. When I think of filip, the things that come to mind are that he’s just an excellent talker, and being a good talker is not something that feels like a resume item, but it really is, it’s a really truly valuable skill that’s underrated. Having somebody like filip facilitate conversations like he does is super valuable. Not only is he so good at explaining things, he’s also very open-minded, knowledgeable of what he knows and quick not to pretend he’s knowledgeable about what he doesn’t know. He’s very active, and good about proposing things we may not be thinking about. The dude just seems very level-headed; I love talking to him.

If I had to pick a favorite that wasn’t filipv– I mean you can’t pick just one obviously– but the other person I really respect is aeolian, who has come in and really taken over a lot from me to be the lead front-end person on peel. And I just have so much mad respect for aeolian– not only is he a great developer, but he knows his stuff and is great at writing good code, and he’s great at having conversations about these things and being open to learn, open minded, open to teach. All the times I spent working with him– I really credit a lot of the joy I get contributing to peel, to him and the rest of the peel team, because he’s made work so enjoyable.

That’s awesome. Okay, final question: do you have any huge project in the future you’re particularly excited about?

That’s hard to say. At the moment, as of about a week ago, I’m spending much less time at JB. I’ve contributed to JB for so long, and having a solid group of contributors like the peel team to help take on my workload has eased me up to pursue new projects. I’ve wanted to do some different type of work that is’t necessarily front-end code, like some solidity work, and art-projects, and so on. So I do have a lot more time to spend on other projects now, and there’s another project that I’m working on now– that hasn’t really been announced yet– but I’m looking forward to announcing it soon.

(Note: this interview was transcribed from a discord call.)

· 9 min read
Felixander

“Juicebox in the words of” is a series that highlights JB community members in interview form. Learn about members’ roles at JB and what makes them tick.

jango is one of the two OG’s of JB, having created JB along with peri and worked tirelessly to streamline it, organize contributors, and deliver excellent work at a breakneck pace. Along with peri he has by far the widest perspective of the JB story and the vision that created it. Read on to learn a bit about JB’s beginnings and the vision that spawned it.

How'd you get started with JB, and how has it changed since you've been here?

It started as a seed of thought. Around 2014/2015ish, I was building this app in iOS dev world. That was back in my younger days when I loved building shit, working with friends, piecing together who’s good at what, etc. We didn’t have a tonne of users on the app, but we had an open slack server where several users would come hang out with the builders

We didn’t want to think about price, business models, advertising etc. We just wanted to build, and we didn’t like thinking of this structure with users on one side to pay fees, and builders on the other to create and get paid, since we felt like the folks using the app were a part of the building process as well.

One day I was sitting with my notebook, trying to figure out how this whole thing was going to play out, and I captured an idea floating by. If we figured out exactly how much it would cost to run this thing, including server hosting, salaries, and so on, we could come up with one number we needed to get to by the end of the month. When we realized we could enumerate exactly what those expenses were to the users, fully transparently, and tell them listen, this is what we need to get to each month for the service to run, and if we exceed this number, we’re going to use that overflow to push down the price of the product– once we realized that, we just ran with the idea and that became the product. It seems like a win-win– the team gets paid, the users get a service, and if it becomes more successful, the service becomes more and more affordable, or even free.

That sounds like a light-bulb moment. How did it translate into your project at that time?

So I stopped the project to focus full time on the building out this new concept, but tried to do it all in the Web 2 world, and it was really really hard– trying to forge relationships with banking systems about a system where there’s fees, maybe fee refunds if we have overflow, etc., and someone would have coordinate all these fees, refunds, and so on, it just wasn’t possible to manage all that with Web 2 structures. Around that same time I was delving into crypto, learning about the blockchain, smart contracts, and then in hit me: this idea was executable, but we were totally swimming against the current trying to do it in the Web 2 space. So I hunkered down and jumped into learning everything I could about smart contracts, did some prototypes, and by that time a lot of the team was like man, I can’t get dragged on another project, so I decided to kind of jump in head-first and take the lead on seeing how this would play out. I figured the moment we had something tangible, all these brilliant people who I’d met and who I had the luxury to spend time with would just hop on and help give it life.

At this point I was working hard along with peri to get this concept built out, and we actually went a few different iterations of the name. There was “the sustainers market”, back in the Web 2 world, and then eventually we called it “fountain”, because of how overflow from payments kind of would trickle down, and then at a certain point, I think it was peri who said, let’s just call it “milk”, and we got real funky with it and said fine, and so it was “milk” for about five minutes, and then we decided on “juice,” and that actually stuck for a while. It wasn’t until like a week before launch that we felt like man, something’s missing, and then somehow we came up with “Juicebox,” and we all felt immediately like yes, that’s the one, and so we launched with that.

In terms of where JB is today: everyday it changes a little bit, and early on we had no idea how it would be used. I had a decent understanding of how I may use it, but seeing how it’s been used has been really awesome. But who the hell knows where it’s going. We learned so much along the way, and a lot of incredible badass motherfuckers started to come through and add on to it, and it’s only gotten better and better because of that.

peri told me about the “DAO immune system” - a term you coined - can you explain it in a bit more detail?

I remember that! That’s a fascinating concept. People are diverse, and JB has always had an amazing team, but over the span since launch there have been some ideas that have come up and vouched for adoption or funding, or were communicated in non-productive ways, and other folks started running away from these or critiquing them heavily, the same way a body would reject a pathogen. I found that so fascinating, and wondered how that worked, since it seemed to happen all on its own.

The DAO is interesting, in that I see it more as a place where ideas exist and sometimes compete. I don’t think people are bad for DAOs, but ideas can certainly take root and harm the operation of a DAO. The interesting thing is early on in a DAO, ideas that come up for vote are not only important short-term, but also precedent-setting. This is a double-edged sword though, because while setting precedent can kind of immunize a DAO against future bad ideas, it can also lead a DAO to try to solve new problems with old methods. All of this is still in a nascent stage, and very fragile, so it’s interesting to see how it plays out, but I do think a DAO has some built-in mechanisms, certainly JB does, that kind of helps it move in positive, productive directions.

Speaking of how fragile all this is, how do you approach managing risk?

A lot of the things I learned come from taking risk, and I’m not a risk averse person. In this context specifically, maybe as a programmer of the contracts you tend to feel a bit more of that weight, and you can sense a community in anticipation, and a zealousness, and so just peeling toward balance in general I think is healthy. More generally, and this is something I constantly point out, is that we need to keep the focus– it’s tempting to go to the next thing prematurely– but we need to keep the focus and stay the course on the tasks in the here and now.

JB seems so inclusive and friendly, so I’m wondering: where are all the assholes?

I’m kind of a proponent of assholery, if it’s needed.

So wait, JB doesn’t need it now? Did it ever?

At JB, we’re doing a thing and everyone has a mode of operation– when you talk about inclusivity, it’s not saying that anything goes. After all a lot of people are taking a lot of risk here, and we can’t be inclusive of things like cutting corners or taking simple approaches that don’t match the complexity of a problem. I don’t think being an asshole is good, obviously, but sometimes you do need to focus in the conversation, and there will always be some people who don’t want to do that, but I think that’s where the limit is to the inclusivity. So I don’t think there’s assholes around, but if we needed them to keep us honest, or if a situation requires people to act that way to make real progress, then maybe we’d see more of them. Fortunately at JB we’re a good team and we communicate well, the transparency is there, but if that wasn’t the case then I don’t know that assholes would be a bad thing.

Who is your favorite JB contributor, and why is it Zeugh?

Zeugh is a complex, charming character. I’m a sucker for really complex, charming characters. I don’t care for yea-sayers or nay-sayers, and people like Zeugh are their own person. Love him for it.

Without question peri is my favorite for many reasons, Zeugh for many reasons, Mieos for many reasons. Twodam is a fucking legend, he’s subtle and sometimes goes unnoticed but holy moly, anytime I talk to anyone about some of our contributors twodam comes up and oh my goodness, what an incredible incredible person. Not a fair question.

Folks who have a strong belief or mindset or some part about them that isn’t looking to step aside (or who just want to be there by association), but rather people who want to be there because of who they are, that tends to be the ones that stick out to me. People who, given a good enough idea, argument or situation, will 100% get behind something and contribute to its success, even if they at first have a hard time with it, are the kinds of people that stick out to me. It’s not stubbornness per se; it’s productive arguments and debates and vibes and fun.

Oh man… It’s impossible to pick a favorite, but that characteristic of people is definitely important to me.

Excellent answer. Okay, final question! What’s something people would be surprised to learn about you?

I’m not a very fun or interesting person, really. Nothing to see here, move along.

· 3 min read
Felixander

“Juicebox in the words of” is a series that highlights JB community members in interview form. Learn about members’ roles at JB and what makes them tick.

Today, we’re getting the inside scoop on filipv, a JB workhorse who seems to always be ready to jump in and find a solution. From running blog posts, editing podcasts and writing and editing governance protocols, filipv does it all and then some, and keeps a great positive attitude throughout. Read below to get to know him a bit better!

How'd you get started with JB, and how has it changed since you've been here?

I got started through a tweet that I saw; I was on twitter, managing another account, and I saw a tweet from Nicholas asking for help with social media.

So I joined the discord server and it was pretty sweet… people were really nice… I said in the server that I wanted to do social media, and 9birdy9 asked me to help with governance issues, and one thing led to another and now I’m doing quite a bit of stuff.

Since I got here, back in November 2021, JB has grown a lot. That’s led to a few things– one is that the culture has evolved, it’s gotten a bit more serious and formal, but we’ve also had a really large demographic shift as the Chinese community has taken greater interest in JB. The team has grown, and I feel like we’ve moved into a higher gear work-wise, and become more efficient as a team.

How would you describe your role at JB?

If I had to put a title, I guess “operations”, or “operations generalist”. I have varying amounts of skill in a number of places, and I try my best to chip in where I can, but that also means I’m pretty diverse in what I do; I tend to be shifting more toward governance stuff/writing proposals, but generally I just look at what JB is doing, and I try to help steer the ship in a direction that is fitting.

In my experience at JB so far, everyone’s been very nice and helpful, so I’m wondering: where are all the assholes?

I would say a lot of times people become assholes in a corporate setting due to resentment that stems from a lack of honesty or allowing expression, but JB is quite good at facilitating expression. Also I think JB attracts a different type of person– there’s no job interview, manager telling you what to do, etc.-- you really have to be a self-starter, and since everything is handled by voting by your peers, there’s real incentives for you to get along; if you’re an asshole, people will vote you out.

What’s something that people would be surprised to find out about you?

Hmm. I play trumpet, and I worked as a jazz musician in New York. I’m getting to be a bit of a coffee snob as of late. Oh, and at one time I was nationally ranked in yu-gi-oh.

What’s been some of your most exciting experiences at JB so far?

All the events around AssangeDAO, despite the chaos, were really fun to be a part of. That being said, every time I do a new project I get very excited.

And finally: who’s your favorite JB community member, and why is it peri?

Gotta be the sex appeal.

· 6 min read
Felixander

We’re kicking off a new blog series, “Juicebox in the Words of”, where a community member gets interviewed about their experience contributing to JB. Take this series as a chance to learn about community members, and to get a little glimpse of things you may not have known before.

Zom_Bae is an absolute delight in the JB community— humble and always ready to assist a community member in need of help. She co-hosts the JB podcast and has an excellent sense of humor. Within the discord she tirelessly connects people and ties up loose ends that many of us don’t even notice are there. Read on for a glimpse into Zom_Bae’s role at JB and personality as one of our very amazing community members!

How'd you get started with JB, and how has it changed since you've been here?

Oh wow...great question! I initially started quietly lurking in JB honestly because I know and admire the team who created it. I have zero technical background so as you can probably imagine...I had no clue what any of them were talking about. I can't remember exactly when I joined, but probably around October '21. The discord was still pretty small, I think we there were max 5-6 people on town hall calls so it was very close knit but very welcoming to normies like myself (which to be honest, it's still a pretty tight group of contributors who are also still very welcoming imo even though the membership has grown quite a lot)! I started slowly but surely participating, asking questions (even "dumb" ones), then ultimately took on a pm role to help keep people moving in a forward direction and tasks from slipping through cracks. Since I joined, JB has definitely matured. Processes have been dialed in, incredible work teams have come together, grown and transitioned into their own DOAs (amazing!), and the synergy in how, so many people, from all over the world is nothing less than awe inspiring!

That is some awesome background, really interesting stuff. It sounds like you have a pretty wide perspective, having been here so long compared to many. So for your role here, how would you call yourself? It sounds like you're kind of a fixer, somebody who comes and makes things run smoothly, patches up cracks that arise, etc.

So, I like that observation- but certainly not a fixer technically speaking-I guess more along the lines if something isn't getting done, I give soft nudges for reminders. I also like to think I'm a connector. If new folks come in, looking for something in particular, whether an answer to a protocol question or how to get started with picking up tasks, I do a decent job pointing them in the right direction, then following up when necessary. I'm like one of those old phone operators...just connecting dots!

Between you and me and the rest of the internet, who is your favorite contributor, and why is it jango?

favorite contributor...hard question. I'm going with the pc answer here: they're all freaking rad humans! There's no way I can pick just one. Nice try though (although pay close attention to Dr. Gorilla- he's got some jokes)!

That's a fair and diplomatic response, I expected nothing less. I'll notate that Dr. Gorilla is your favorite.

lol he's one of my favs.

Are there any projects on JB that you've been really stoked about, or what would you say is a moment of great excitement you've experienced at JB?

I think Movement Dao is something to keep an eye on. It feels special in a way that none of the other projects to date have. They're really trying to find ways to create "movements" to make the world a better place without it feeling hokey or like a canned answer in a beauty pageant (are they even called that anymore- don't get me cancelled!). One thing I heard in a recent town hall was "community can solve our biggest problems" and that stuck with me! IMO, they're doin' it right! go check 'em out!

As far as a moment of great excitement at JB would have to include when constitution DAO popped off...that. was. wild. I believe it was around Thanksgiving- I went to bed knowing one, peaceful, calm version up JB and woke up to a whirlwind of new members, wen moon, and tons of questions! Zeugh and Nicolas took the brunt of that, definitely get their versions-great stories- but man, it was intense!

Sounds intense! I’ve been taken aback at how approachable and nice and inclusive people have been here at JB, so I’m wondering, where are all the assholes?

lololol...JB is a "No Asshole Zone"

Haha, that’s what everyone’s been telling me. What is something about you that would surprise other JB members to learn?

hmmm.... I'm in my college's hall of fame for volleyball

That’s awesome! Do you still play at all?

eh, not really- occasionally if I feel like makin' bitches cry.

jk jk jk jk

I almost shed a tear... Nowadays what are your hobbies outside of the cryptosphere?

Mountain biking, keeping plants alive, and am taking a course to become a certified life & wellness coach

Oh that’s awesome, that sounds like a lot of fun.

as long as I'm not running into trees! or do you mean the coaching...?

Yes to coaching!— although running into trees could be a problem for both wellness and mountain biking… and plant care. Last question!— it’s the future, and you can make your ideal web space, whether that’s a DAO or any online space at all— what do you think you’ll make?

oooo, good question. I'm actually trying to answer that for myself. I want to figure out a way to gamify wellness that's enjoyable and doesn't feel like a task. Wellbeing is so so crucial but is so easily ignored because most people just don't know what they don't know (ie: don't realized they can feel better physically and mentally). What that looks like exactly...stay tuned.

· 3 min read
Felixander

The Cryptovoxels environment from above

A new way to wind down

The DAO space online isn’t like your average experience working at a company or corporation. Unlike the physical environment of offices, cubicles, and maybe the occasional beanbag chair if you happen to work at one of those fun places, the online space where DAOs operate is free from constraints and incentives. It’s a space where people create for the sake of it, and pool effort together as a means of expression. Don’t get me wrong, there are plenty of endeavors out there that seek to make money, but the crucial difference is about what we call the bottom line, and what it looks like in a DAO space versus traditional settings.

Enter Cryptovoxels: an online space where participants can congregate, listen to music together, and even enjoy a “live” show in a virtual environment (pictured above). The Cryptovoxels space isn’t unique for what it is— plenty of paid spaces exist that try to achieve the same goal. The reason Cryptovoxels is unique is precisely for what it isn’t. It’s not about raising money, or pandering to users for shares and likes and what have you. It’s a space to wind down and enjoy together in a uniquely anti-consumerist experience. A space where creatives, programmers, technical writers, holders and any and all between can congregate for the sake of it. A lounge in the Cryptovoxels space

Creating for the sake of it

Spaces like Cryptovoxels are unique because of how they come about. In a traditional work environment or major corporation, somebody at the top may have an idea to create a space such as Cryptovoxels. From there, the idea would distill as it trickled down the workforce, ultimately culminating in strict directives and program managers. In other words, the project would itself become work— anathema to its very purpose!

In the DAOsphere, the whole process is put on its head. Eager community members, excited to contribute to a greater organization, and at times simply wanting to spin their wheels, generate projects such as Cryptovoxels not in order to make money, not in order to boast, not in order to monetize an experience, but, rather, simply to enjoy a moment— a happening, a vibe— with one another in a shared space. Where else can we say that this is the case? A Cryptovoxel room, replete with revolving door and anonymous puppet avatar)

Web 3.0 is a state of mind

The spaces engendered by an overall feeling toward collaboration, decentralization and egalitarian work-force options are encapsulated by Cryptovoxels. They’re spaces that uniquely represent a way of thinking about the world and its members differently than before. They represent an open view of the world that seeks to collaborate into greater and greater projects without, importantly, treating everything in accordance with it’s bottom-line monetary value.

The era of web 3.0 is ushering in a way of thinking inclusively and openly about collaboration unlike anything we’ve seen before. The irony that the same Web 3.0 that brought us NFTs of just about everything can also bring us closer together in a completely non-exploitative way is rich, to be sure. But seeing this irony as a beauty, rather than a contradiction, is probably a better representation of the spirit of our times.