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Mar 20, 2021What is Friends with Benefits (FWB)?
Friends with Benefits (FWB) is a global collective of cultural innovators, thinkers, and creators who converge both digitally and in real life to collectively influence the trajectory of Web3. As a decentralized creative studio and a vibrant community, FWB serves as an ecosystem of symbiotic relationships, fostering collaboration and experimentation to push the boundaries of culture and technology.
Recent Video Interview
Main points of the interview:
- FWB is a DAO merging culture with blockchain, boasting 6,000 unique token holders.
- FWB attracts creatives by storing social/cultural value, not just financial.
- Events and IRL activations are key to FWB's community engagement.
- FWB's brand harmonizes diverse voices and initiatives.
The FWB Experience:
- Social DAO: With over 3,000 members spanning artists, builders, and thinkers from various sectors, FWB operates as a growing social Decentralized Autonomous Organization (DAO). Members collectively hold $FWB tokens to fund and govern community initiatives, ensuring shared ownership and participation in the creative process.
- Evolving Experiment: FWB functions as a dynamic experiment, encompassing various roles including a perpetual group chat, a product studio, and an event organizer. As an evolving entity, FWB continually adapts to new challenges and opportunities in the Web3 landscape.
How FWB Works
Friends with Benefits (FWB) operates through several key mechanisms to foster community engagement and collaboration. Firstly, new members are encouraged to introduce themselves in the #introductions channel, establishing transparency and trust from the outset. The FWB APP serves as a central platform beyond Discord, offering a lightweight and engaging experience for community members. Accessible to those holding 75+ $FWB tokens, the app facilitates seamless connectivity and interaction. FWB initiatives are meticulously documented in the FWB Public Works section of Discord, providing visibility into ongoing projects and priorities. Bi-weekly updates and a working calendar ensure members stay informed and engaged in community endeavors. Additionally, the diverse array of Discord channels encourages members to explore and engage with topics and communities that align with their interests, fostering organic connections and vibrant hubs within the larger FWB ecosystem.
Calendar & Public Works
- FWB initiatives are meticulously tracked in the Public Works section of Discord, offering transparency and opportunities for feedback.
- Bi-weekly updates and a working calendar keep members informed about ongoing projects and important dates, ensuring alignment and collaboration across the community.
Events and Contents
FWB hosts a regular schedule of both digital and in-person events, fostering connections and collaboration among members globally. From digital meetups to IRL festivals like FWB FEST, the community embraces diverse forms of engagement. A Google calendar aggregates all digital events, providing easy access and integration for members.
The editorial team curates weekly content in TL;DR and Works in Progress formats, offering insights into community activities and exploring the intersection of Web2 and Web3. TL;DR provides a succinct roundup of FWB developments, while Works in Progress delves into in-depth reporting on cultural and technological advancements.
Community Products
FWB community members collaborate to develop products addressing community needs, such as Gatekeeper, facilitating token-gated events. Future products, including the FWB app, aim to enhance community engagement and connectivity beyond Discord. Code of Conduct:
FWB upholds a Code of Conduct to ensure a safe, inclusive environment for all members. Encouraged behaviors include kindness, inclusivity, and collaboration, while unacceptable behaviors are outlined to maintain community standards and respect. Manifesto:
FWB's manifesto articulates its vision for a future where technology and culture converge to create positive change. Emphasizing shared identities, diversity, inclusion, responsibility, and peace of mind, the manifesto serves as a guiding framework for community values and growth.
Roadmap
FWB's roadmap outlines ongoing and upcoming projects, focusing on permissions and roles, in-app messaging, avatars, channels, notifications, video posts, geotagging/check-ins, native Gatekeeper functionality, and native Governance functionality, aiming to continually improve and expand the FWB ecosystem.
Project Development
Steph Alinsug joins Friends with Benefits (FWB) as its inaugural Chief Marketing Officer (CMO), bringing a wealth of experience in digital storytelling and brand building. Steph's journey began in the early days of the internet, where she immersed herself in online communities and taught herself skills like CSS and digital marketing. Her career has spanned various industries, including food, social change, and even goat farming, where she honed her ability to craft compelling narratives. Steph's fascination with blockchain technology led her to embrace decentralized media and the potential of onchain marketing.
At FWB, Steph aims to disrupt traditional marketing channels and leverage blockchain technology to build direct relationships between brands and consumers. As FWB's first CMO, Steph embodies the community's spirit of innovation and rebellion, driving forward-thinking strategies that reflect the brand's ethos. With FWB entering its fourth year and embracing its "Saturn return," Steph is poised to lead the brand into its next phase of growth while preserving its unique identity and culture.
Friends With Benefits Pro Price Analysis
As of October 13 2024 Friends With Benefits Pro has a marketcap of $941K. This is {{percentagefromath}} from its all time high of $196.19. In terms of its tokenomics, there's a total supply of 1M with 60% currently outstanding. Keep in mind Friends With Benefits Pro has a fully diluted value of $1.6M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
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