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August 21, 2022 3 mins

Shondra Washington is co-founder at Black @, which is building a token-gated community of Black creatives, investors, and entrepreneurs.

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
You know, when you think about traditional social media, as
we thought about community in Web two, UM they have
evolved to um innovate on their algorithms to help you
determine what you should see, things that you know you
missed while you were offline, right, And so how do
you imagine because you just kind of touched on this
and go deeper, I'm asking, how do you imagine in

(00:21):
Web three things may be curated so that inside of
that forty different channels, I'm a part of the things
I should see. It's still going to determine, Okay, Will
needs to see this? So I think it's it's it's
dependent on the cut type of community. Right. So there's
a lot of these communities in which you guys are
in this community because you own a certain n f

(00:42):
T and if you own these n f t s,
then there's typically some utility that you get from owning
from having this shared experience of owning this NFC and
that utility could be a party in New York or
at a conference, or it could be a discount with
a retailer. There's all types of things that could be
contact tickets. You just never know what these um what

(01:03):
the utility is that that these n f T communities
are bringing to their members UM. But basically, you know,
depending on the community, the type of community you're in,
your administrator or the person that's kind of running the community,
or the or even the community members, which is something
we can talk about later about like decentralization and empowering
the community members to decide what's most important. But it

(01:26):
depends on the type of community. Because if you're in
UH an n f T community where their utility, you
want to make sure and your administrators want to make
sure that you're not missing any messages, right, that you're
not missing any of that utility, any of that UM
any of the perks for joining that community, because that's
why you're there, right. That's yes, you bought some beautiful
art maybe UM, but part of the reason why you're

(01:47):
there is because there's all of these different perks that
you can get if you're in more of an alpha community,
which is a community in which you're talking about different
plays that you can UM invest in to get money
or to UM join other communities. So in alpha community, UH,
there there's there may be perks, there may be allowed
lists and other ways that UM you can benefit from

(02:10):
being in that community, but the most important messages maybe
those allow lists, maybe the opportunities for you to learn
about other projects in which you could potentially make money.
So I think UM determining what who determines what the
information UM that you need is is the manager and
in other cases, which is what we're kind of playing

(02:30):
with now and looking at the emoji reactions and the
unique emoji reactions. So if you go into discord, now
there's messages that could have ten, twenty who knows, you know,
unique a different emoji so hard eyes, um, heart fire.
There's all these different things that people are responding to
messages with and so we're right now we're playing with

(02:52):
an algorithm that will show us what's most important based
on how the community quote unquote voted. So they didn't
necessary really go in and put a poll in, but
they voted by their engagement. UM. That's something that we're
trying to play with a little bit. We just started
and we're noticing that each community is so different communities.

(03:13):
Some communities are faster, Some communities right really long messages.
Some communities have thirty emojis, Like it's it's really interesting
to see the difference um, but I think what we're
talking about now about letting the community decide and looking
at the unique reactions and how people are reacting, letting
that be what's most important is the next phase. It's

(03:33):
black tech, green money. Share this podcast with the people
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