Power To Build - Mission 4 [CLOSED]

Skills required
Creativity & Imagination
Mission details
Theme: Social Media

- Most of us are familiar with the likes of Facebook, Twitter, Instagram, Reddit and TikTok.

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

- How would you reimagine a social media platform in the context of a DAO?


- Pitch us with a concept that reinvents any social media platform as a DAO.

- For example, what would Facebook, Twitter or Reddit look like as a DAO?

- Think beyond the likes of Phaver, Lenster, Peepeth and other existing Web3 social media apps.

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

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 social media platform in the context of a DAO.

- How does it work?

- How does the business model differ from the traditional social media platform?

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

- What roles do the DAO’s native token or NFT's play?

- What are the benefits of operating as a DAO?

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

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.

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

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.

Mission reward

7,500 CLNY

Submission process

Your submission can be in the form of a short pitch deck, one-page document or an infographic.

Step 1 - Post your submission on Twitter, tag @joincolony and include the hashtag #powertobuild in your tweet.

Step 2 - Before 12pm UTC on 30th July, post a link to your Twitter post in the relevant Discord thread in the #🚀colony-missions channel.

Do not post your submission directly in the Discord thread, only post your tweet link.


30th July 2022 @ 12:00pm UTC