Power To Build - Mission 5 [CLOSED]

Theme: Media and Publishing

- Most of us are familiar with the likes of Netflix, Disney, Comcast, Bloomberg, Thomson Reuters & HarperCollins.

- But while these and other media and publishing companies are both numerous and diverse, they are all dependent on a trusted, centralized entity.

- How would you reimagine a media or publishing company in the context of a DAO?

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Requirements

- Pitch us with a concept that reinvents any media or publishing company as a DAO.

- For example, what would Netflix, Bloomberg or HarperCollins look like as a DAO?

- Think beyond the likes of Bankless, Decrypt, ForeFront, PubDAO, Mirror and other existing media publishers.

- Pick one Web2 media or publishing company and develop your DAO idea in the form of a pitch deck, lightpaper (text document) or infographic.

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The structure of your pitch

1. The Vision and Value Proposition

- A very brief overview of your business and the value that you provide to the market.

- Keep it short and simple. A few sentences max.

‍2. The problem you’re solving

- What is broken about the current Web2 equivalent?

- Why is this an important problem to solve?

3. Target market and opportunity

- What is the total market size and how do you position your solution in the market?

- Tell the story about the scope and scale of the problem you are solving.

4. Your DAO solution

- Describe your media or publishing service in the context of a DAO.

- How does it work?

- How does the business model differ from the traditional media company?

- How is ownership or membership defined in the context of content creators and curators?

- What role does the DAO’s native token play?

- What are the benefits of operating as a DAO?

- Include any other details which make your solution unique and innovative.

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Points to note

- This is not a proper pitch to raise venture capital, so don’t include a roadmap, marketing strategy, team or any financials.

- Don’t get technical, even a 10 year old should be able to understand it.

- Blow us away with your creativity, communication and simplicity.

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Individual rewards

Winner 1 = 2,500 CLNY

Winner 2 = 2,000 CLNY

Winner 3 = 1,500 CLNY

Winner 4 =  1,000 CLNY

Winner 5 =  500 CLNY

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The rules

- Only one entry per person per challenge, so make it a good one!

- The Colony team will choose up to 5 exceptional submissions only.