Common.xyz Is Changing the Rules of Decentralized Collaboration

Dillon Chen purchased his first Bitcoin again in 2013, marking the begin of a journey that will finally lead him to discovered Common.xyz, a platform redefining how Web3 communities collaborate and govern themselves. In this interview, Dillon discusses how Common is constructing the full-stack infrastructure for decentralized communities, integrating AI brokers into DAO workflows, and shaping a future the place “one-person billion-dollar firms” might turn into a actuality.

Dillon, might you please introduce your self and inform us about your journey to Web3?

Yep, so I’m Dillon, the founder of Common. I received my begin in crypto again in 2013 after I received my first Bitcoin. That was someplace between high college and faculty. I wish to say I began with my ABCs: AI, bio, and crypto, and I used to be simply exploring varied concepts at the time. Purchasing Bitcoin was my entry level.

During my time at college, I did analysis on Bitcoin transactions and later began mining Ethereum utilizing dormant electrical energy. I additionally labored on some crypto-focused faculty startup tasks. Fast ahead to at this time, Common was born out of our personal ache level. We participated, each as a blockchain membership and individually, in the unique DAO. The tooling round that have was actually onerous to make use of. There was a lot confusion occurring in all places, particularly on Twitter.

I assume we nonetheless dwell in an identical world at this time, however hopefully, Common is now a spot the place customers and group members can discuss something inside their group, from grant proposals, new PRs, and have requests to memes and different subjects. They may even fund these initiatives with incentives whereas participating in on-chain voting and DAO-based governance. So that’s an extended reply for each my journey and the way we received to the place we’re at this time.

Could you please clarify how Common distinguishes itself from different platforms targeted on on-chain communities and DAOs?

I feel the core for us is constructing ourselves into a completely featured discussion board. There are many tasks on the market, some of which we accomplice with, that focus closely on the on-chain governance facet, like proposal execution. The approach I wish to assume of it’s just like coding: if you elevate a pull request that will get merged right into a codebase, they concentrate on that course of, exhibiting who accredited or disapproved it and working simulations.

DAOs work equally, the place proposals are voted on-chain and tracked. But we concentrate on the upstream facet, proper when somebody has an concept. We desire a group member to have the ability to create a thread, invite dialogue, run an off-chain ballot (token-weighted or not), and lead that concept by means of its whole lifecycle.

I additionally assume of DAOs in a broader sense, not simply token-based voting or giant treasuries. Anything with a token that invitations collaboration is one thing we assist with. Meme cash, NFTs, and different community-driven tokens all have DAO points, and we help these as properly.

One of the key parts of Common is its full-stack strategy. Would you stroll us by means of what a full-stack platform for communities seems to be like in sensible phrases?

It comes down to 3 points: launch, earn, and develop. During the launch section, you possibly can immediately launch a token on the platform, and it inherits all the performance that we’ve constructed for different communities.

In the earn section, there are totally different mechanisms that each customers and tasks can leverage to distribute tokens to contributors. One instance is contests. Since Common has the kind issue of a discussion board, customers can submit new threads and get upvotes. Based on the top-voted posts, communities can distribute native tokens for the greatest concepts. That’s only one of a number of mechanisms. There are additionally methods to reward token possession, generate badges for members, or allocate off-chain factors for pre-TGE tasks.

Finally, in the develop section, which is actually the governance section, after getting a thread or matter, you possibly can create a proposal, use Snapshot, and vote immediately on-chain by means of the platform. Launching, incomes, and rising ought to all occur in a single place.

What traits do you assume will form the future of decentralized governance and DAOs? How is Common making ready to adapt or contribute to those adjustments?

I feel the most essential factor is the autonomous facet. To break down DAO: decentralized, autonomous, and group. Over the previous 5 years, folks have targeted primarily on decentralization, however now, with AI and brokers, the autonomous facet is coming to life.

An awesome instance was OpenAI’s current developer day. Agents and fashions are shifting past being simply chatbots. They can now carry out helpful work. The workflow builder, as an illustration, permits you to chat with an agent who makes use of a number of functions to supply significant outcomes. These instruments will proceed to enhance, assume over longer time horizons, and contribute actual work.

In the subsequent 5 years, I feel we’ll see “one-person billion-dollar firms” and even “zero-person firms,” the place token holders act like board members giving high-level suggestions to AI brokers doing the work. At Common, we’re already constructing towards this future, supporting new workflows and enabling brokers to contribute, vote, and collaborate towards a DAO’s shared aim.

In phrases of onboarding new customers to Web3, do you see any obstacles that have to be overcome? What methods do you employ to simplify the person expertise?

That’s an incredible query. The tooling has improved lots in phrases of usability. A pockets continues to be the core of your id, whether or not it’s from Privy, Magic, or one other supplier. The pockets expertise has come a good distance, however onboarding nonetheless must be seamless as a result of social apps are likely to lose customers shortly if the course of is tough.

The subsequent essential issue is use instances. We’ve moved past simply saving cash or holding digital gold. Now we see use instances which are extra human and sensible, like stablecoins, funds, and playing cards. These are issues folks use every day. The subsequent frontier might be social use instances — prediction markets, DAOs, subreddits, and communities.

As tooling and use instances increase, folks will begin utilizing Web3 of their on a regular basis lives slightly than checking their crypto as soon as each few years. That’s what brings new customers in.

According to your roadmap, you intend to combine AI brokers into Common. What particular duties will they carry out inside communities?

We see three phases for integrating AI brokers. The first is addressing group wants immediately, corresponding to summarizing threads or drafting new posts. These are low-hanging fruits, and we’ve already carried out them.

The second section focuses on integrations. We need to pull information from the place communities already dwell, corresponding to Discord, Twitter, and even on-chain information. Agents may also join with on a regular basis instruments like Google Sheets and Drive to boost productiveness.

The third section ties again to what I discussed earlier, enabling brokers to assume long-term, collaborate, and plan actions. As fashions enhance, they’ll be capable of work independently towards group objectives. For instance, an agent would possibly collect person suggestions from Discord, format a PR doc, prototype a function, and submit it for human evaluation, all with minimal oversight. We’re getting very near that actuality.

Common has collaborated with some of the most progressive organizations in Web3. What partnerships or case research are you most proud of? What do they reveal about Common’s influence?

A significant milestone for us was aiding with the LayerZero launch. They’re one of the most revered and widely known communities in crypto, touching virtually each token ecosystem. That belief meant lots to us.

The course of we supported was their airdrop distribution and group dialogue. We had tens of hundreds of posts from customers worldwide. They used each function on our platform — token-gated posting, a number of subjects for triage, and structured dialogue for a posh airdrop computation.

It went comparatively easily, which isn’t simple behind the scenes. Any founder will inform you how chaotic issues can get, however we managed to climate the storm and assist them execute efficiently.

What about future partnerships? Do you could have something upcoming?

We’re presently working with a number of EVM and non-EVM Layer 1 ecosystems. You’ll begin seeing these launches in the subsequent few months. These are the prime 50 tasks by market cap, which is a superb signal of belief. Hopefully, by the time this interview is revealed, these collaborations will already be seen.

How do you see the trade evolving over the subsequent three to 5 years? What function will Common play on this evolution?

If we take a look at crypto’s evolution, early use instances like Bitcoin had been targeted on high-value, low-frequency transactions. With DeFi, it turned lower-value however higher-frequency. Stablecoins introduced every day interactions. And with social functions, interactions are much more frequent however lighter.

Common matches squarely inside this social layer. Whether by means of brokers or group discussions, customers will ship a whole lot of messages every day throughout their communities. We intention to be the always-on hub for that exercise.

As new tokens and tasks launch, we count on our group rely, already above 80,000, to develop into the a whole lot of hundreds. Our imaginative and prescient is to have a group for each token and a token for each group concept. We’re properly on our approach there.

Finally, what are some of the most fun improvements in Web3 you’re maintaining a tally of? How do you intend to combine them into Common?

It’s been superb to see how a lot progress the trade has made. Back at DevCon Prague, phrases like stablecoins, DAOs, prediction markets, and layer ones had been simply concepts. Now they’re all actual, practical merchandise.

One space that’s changing into more and more essential is privateness. As we attain mass adoption, privateness turns into vital for funds, the place you don’t need everybody seeing your espresso purchases, and for social conversations that ought to stay personal.

For DAOs, privateness is very very important. Communities usually focus on early-stage concepts or methods that shouldn’t be public. Integrating zero-knowledge proofs for id, so members can show token possession or contributions with out revealing their id, will assist foster extra open but safe discussions.

That’s one of the greatest improvements we’re specializing in now, and we hope to productize it simply as different applied sciences earlier than it have come into their very own.

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