By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Lobby3: A Guide to Andrew Yang’s Web3 community
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > Guide > Lobby3: A Guide to Andrew Yang’s Web3 community
Guide

Lobby3: A Guide to Andrew Yang’s Web3 community

Editorial
Posted Editorial November 2, 2022 200 Views 9 Min Read
Updated 2022/11/02 at 12:43 PM
Lobby3 A Guide to Andrew Yangs Web3 community
SHARE

If you think politicians are against Web3, you’re completely wrong. The former presidential candidate Andrew Yang presents Lobby3, a Web3 community dedicated to serving the people in Washington, DC to build a better future. 

Contents
What is Lobby3?Web3 EcosystemTeamMembership NFTsUtilityLobby3 DAODistributionFuture of Lobby3Socials:
Lobby3
Source: lobby3.io

There’s no denying that the US election candidates are actively jumping on the blockchain and NFTs seeing how much worth they are in the market right now. Thousands of people in America are ready to buy digital collectibles that hold value and have some kind of utility, and for politicians, it’s a great chance to crowdfund. 

Although America is yet to propose crypto regulations, some election candidates are introducing NFTs that their supporters can buy in exchange for monetary support. Furthermore, since Web3 is all about community, it brings them closer to connecting with buyers than ever, Yang has introduced his own Web3 community to educate people about Web3 regarding policy and law-making. 

“The biggest threat to Web3 succeeding in the long term, in my opinion, are ill-informed policies from leaders who have yet to understand the benefits of the future that is possible,” he said. “The community needs an organization and a seat at the legislative table.”

What is Lobby3?

Lobby3 is a Web3 community created as a movement to promote blockchain technology in America and bring change to society through it. 

“In our mind, [in politics] there has to be both an inside and an outside game. The inside game is suit-wearing lobbyists going into DC office buildings, but the outside game is ordinary people, sharing stories talking about how web3 technologies have changed their lives,” Yang said. 

Andrew Yang
Andrew Yang | Source: lobby3.io

He aims to show the next-generation political movement by selling NFTs. It’s unique but its success depends on whether supporters are ready to adopt this new technology and be part of it. 

This project is connected to Yang’s most impactful advocacy organization for cash relief. Together with his experience and lobbying to unite the Web3 leaders and influencers for legislative efforts.

In an interview, he also shared that Web3 technologies can help Americans combat poverty while also dismissing all the misconceptions about this industry among policymakers at Capitol Hill. Due to the increasing scams and hacks in the blockchain sector, a lot of experts are hesitant about this technology. Yang has started this movement to include these law-making professionals in Web3 for first-hand experience. 

So far this collection has generated 2,400 ETH (~$1.6M) from the primary sales of NFTs. 

Web3 Ecosystem

Other than creating a community, the Lobby3 team also aims to build a proper Web3 ecosystem where policymakers and like-minded people can meet and discuss different issues surrounding the blockchain industry. 

The tokens sold as membership passes give holders the utility to enter this ecosystem and be part of the change. 

In short, Lobby3 wants to support advocacy organizations in Washington in hopes of bringing lawmakers together and educating them about Web3. 

Team

The core founders of Lobby3 are Andrew Yang, Zach Graumann, Jonathan D Chang, Patrick Lu, and Carly Reilly, The project is created in partnership with Block::Block.

Along with the core team, there are also contributing artists who are actively working to make the Web3 community a productive and progressive place. 

Membership NFTs

Membership NFTs give holders access to the community. There are three tiers of NFTs, which ultimately give access to the DAO with unique avatars minted at the National Mall. 

Each membership pass also gives holders the ability to vote in community proposals, discussions, and events.

Lobby3 NFT
Source: OpenSea 

The three tiers are as follows:

  • Member: Each for 0.07 ETH (~$114), access to Discord, status updates, AMAs with Andrew Yang, Events, Merchandise, and voting rights (one vote = one token).
  • Advocate: Each for 1 ETH (~1,600), access to all Member pass benefits, exclusive invitation to monthly virtual meetings, leadership benefits, VIP access to events, merchandise, NFTs, and names featured on the website.
  • Founder: Each for 40 ETH (~65,000), access to all Member and Advocate Perks, one-to-one meetings with Andrew Yang and the team, invited to Yang’s events, group meetings with policymakers, and included in the network of 100 Web3 leaders. 

Utility

For Yang supporters, this project is the perfect space to get to know him personally and be part of his vision of bringing change through policymaking. 

For industry leaders, this is an opportunity to connect with policymakers and other leaders who are actively working for the development of Web3 in Washington. 

Lobby3 DAO

The most important part of the project is DAO, a decentralized autonomous organization where decisions regarding the ecosystem are made by the major stakeholders. 

According to the website, the DAO enables all members to propose policy ideas, vote on different community proposals, and also vote on how the funds collected from the NFTs should be distributed. 

Lobby3 Logo
Source: OpenSea 

This means the power of moving forward doesn’t belong to just Yang and the team but also to other members who have invested money in the membership passes and honestly want to contribute to this sector. 

One vote = one token but the roles are distributed based on the tier membership pass. All members can submit proposals but only Advocates can approve those proposals to move forward. 

There are mainly three agendas of this DAO:

  • Policy Suggestions
  • Speaker Requests / Events
  • Treasury

Distribution

The financial aspect of this project is quite important because lobbying is expensive, so to ensure the project goes long-term and is effective in its strategies, it has divided the expense by percentage.

The initial funding of 70% will be allotted to Advocacy Efforts & Infrastructure Building for partnerships with organizations like Humanity Forward, another organization by Yang, to create an effective strategy that gives possible economic outcomes in Web3. The rest of the funds will be managed by DAO:

  • 20% for Community Interactions, Operations, and Creators
  • 10% to afford all the Technical Work

Future of Lobby3

Yang along with his team has completely planned out the entire project. According to the roadmap posted on the website, the team’s first focus was on building advocacy infrastructure by bringing lawmakers and stakeholders through partnerships with different organizations; details about it are mentioned above. 

After that, the team will educate the Congress lawmakers about Web3 and introduce them to the potential this new technology holds for the betterment of the American system. There are pilot programs in partnership with Mayors and Governors from various big states to help further lobbying experience. Finally, the DAO was launched after the completion of the infrastructure. 

So far, all of this is mentioned but Lobby3 is expected to grow even more as many people realize the potential of Web3. 

Socials:

For more information visit:

Website: lobby3.io
Discord: discord.com/invite/AUfTNJqeTN

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Dapper Labs to launch a Web3 Creator Tool 1 Dapper Labs to launch a Web3 Creator Tool
Next Article Linagee Name Registrar Ethereums First Domain Name Service 1 Linagee Name Registrar: Ethereum’s First Domain Name Service
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest News

DeFi protocol DefiLlama has resolved its internal conflicts 1
DeFi protocol DefiLlama has resolved its internal conflicts
CRYPTOPEDIA News WEB3 March 21, 2023
Crypto Fear and Greed Index has reached its highest level
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWS News March 21, 2023
Project AI Powered Trading Platform Accused of Draining 1M from Users
Project ‘AI-Powered’ Trading Platform Accused of Draining $1M from Users
AI BLOCKCHAIN NEWS News March 20, 2023
Join us
Ad imageAd image

You Might also Like

10 Highly Effective Web3 Marketing Strategy for 2023
Guide

10 Highly Effective Web3 Marketing Strategy for 2023

January 31, 2023
Top 5 NFT Web3 Media Companies 2023 List 2
Guide

Top 5 NFT & Web3 Media Companies (2023 List)

January 31, 2023
What are Phygital NFTs A Guide to Crossover of Physical Digital
Guide

What are Phygital NFTs? A Guide to Crossover of Physical & Digital

January 18, 2023
Top 10 Advantages and Disadvantages of Web3
Guide

Top 10 Advantages and Disadvantages of Web3

January 17, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

Removed from reading list

Undo
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Register Lost your password?