Crypto Sapiens - Reinventing Compensation in Web3 | Zakku- Core Contributor Coordinape
Primer: Zakku is one of the core contributors at Coordinape, a compensation tool that’s used in the DAO space. He brings his values of self-sovereignty, connection, and gratitude into the tool. Find out more about Coordinape in this episode of Crypto Sapiens.
Background
Was a sustainability consultant for Fortune 50 companies for several years
“That word [sustainability] led me to see that everyone recognizes the necessity of collaboration and loves the idea of collaboration, but are really bad at actually collaborating.”
- Zakku
Co-founded a consultancy called Converge, bringing together stakeholders from the public, private, and social sectors together
During COVID, he fell into the rabbit hole of DeFi and DAOs
Realized that Converge operated like a DAO — there was no employees and everyone are independent entities that would come together to work on projects
After each project at Converge, the team would have a conversation about who should get what remuneration based on the work they put in
Started contributing to Yearn. Observed the challenges they were having with the grant committee
Built Coordinape to address these challenges
Have been working on Coordinape for the past 2 years
Philosophy Of Coordinape
Took inspiration from Frederic Laloux’s Reinventing Organizations
It’s about harnessing collective intelligence, trusting the people who are making the decisions
Pushing decisions to the edges is pushing trust to the edges
Huge body of work in positive psychology where thanking people and recognizing the work they have done becomes a huge boost to their intrinsic motivation
In Coordinape, people might forget how many GIVES they got or who they allocated to, but they always remember how many notes they got and who they got it from
“So we really tried to build positive psychology, gratitude, and intrinsic motivation as sort of the key pillars and how the tool works.”
- Zakku
Roadmap
Enhancing the engagement around the Coordinape map (what it can do, what it can show)
Toying with the idea of adding in props — not tied to the budget, but is used to show connection and gratitude
Improving Compensation
💡 Besides Coordinape, other remuneration methods include bounties and role pay. What are his thoughts about the balance between the three methods?
At a high level, all three has to be the answer
For things that are transactional, bounties make a lot of sense
For more subjective, creative, and ongoing work, Coordinape makes sense
Salary/role pay makes sense for people who need to pay their bills with their work
Onboarding People Into The Ecosystem
Dream is to create a new system
“We don't have to fight against the old system. Just throw a better party and people will show up there eventually.”
- Zakku
Almost everyone has lost faith in institutions (e.g. government, healthcare, education, etc.)
A new system that allocates value could speak to people and bring them in
Projects like Gitcoin are building that narrative and pushing the space forward
DAO Kit
A collection of people building the tools for people to do their DAO work
People are exploring what are the win conditions for everyone
The mindset is to become self-sovereign and to create a system that better reflects our values
Someone Who Influenced Him Greatly
Janine Benyus and Buckminster Fuller — open up different paradigms and ways of thinking about things
Owocki
Team at Coordinape
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