ColivingDAO Insights: The Web3 Path for Regen Living

Our Journey So Far: Reliving the Paradigm Shift

• Daniel Aprea & Gareth Thompson • Season 1 • Episode 27

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In this recap episode, we briefly touch upon all the topics we have covered so far,  uncovering the groundbreaking economic paradigm that could reshape the future of living through digital ownership. Join us as we reflect on our enlightening conversations with Professor Rory Ridley-Duff and Dr. Graham Boyd about the Fair Shares Commons, and how this innovative approach has influenced the ColivingDAO framework. We also delve into Mickey Elson's captivating insights on the intersection of art, sustainability, and DAOs, exploring the synergy between digital ownership and coliving. Claudie Bell and Steve Savides further emphasize the critical role of leadership, values, and community connections in building robust communities.

Imagine a world where moving between coliving communities across cities is seamless and governance is decentralized. We'll uncover the benefits of being part of the ColivingDAO federation, where self-managing teams foster autonomy, trust, and high performance. Gareth shares his vision for an ecosystem that harmoniously integrates social responsibility, environmental sustainability, and economic viability. Learn how embedding strong environmental protections and balancing the three P's—people, planet, and profit—can create thriving, resilient communities.

Step into the future of themed coliving communities that nurture creativity, enhance ecosystems, and operate on renewable energy. We'll discuss the monetization strategies that make coliving spaces financially viable and explore how Web3 and blockchain technology can revolutionize community living. Addressing past failures and proposing solutions, we aim to create DAOs that offer shared wealth, power, and decision-making. Finally, we'll highlight the importance of rewarding all forms of capital to ensure vibrant, unique, and soulful communities. This episode is your comprehensive guide to the future of coliving and community building.

Daniel:

Welcome everyone to another episode of ColivingDAO Insights. This is your co-host, daniel, and I'm joined today, as usual, by my co-host, gareth as well. Hi, gareth, hey Dan, great to be back again. Great to be back indeed, and in fact, what we're going to do today we're going to do something a little bit light touch, because we realize we're on 25 episodes already in this podcast. Yay, congrats. Thank you very much. So what we're doing today is I want to kind of bring everyone through a very quick journey on what we've covered so far, what we talked about and what the next steps are for ColivingDAO as well, because, effectively, right now, I realize a lot of people that discovered this podcast quite recently and maybe you didn't have a chance to even browse through the history of the podcast as well and we've covered so many things so far. Right, gareth?

Gareth:

Yeah, we've covered tons of stuff. I was looking through the list of our podcasts and I was like all right, this is great. We've got a lot of content here. We've covered all the main topics around co-living DAO. We've done some deep dives. We interviewed some great guests. It'd be good to just revisit some of that and remember, even for us to remember what we've covered, so that we can build some valuable content for those listening in the episodes to come.

Daniel:

Absolutely, and yes, you're right, gareth. We had some fantastic guests. In fact, the first big topic we discussed, with very high profile guests, including Professor Rory Ridley-Duff and Dr Graham Boyd, is effectively the fair shares commons, which is a new economic paradigm, and it's something that is already proven in many ways, but, at the same time, hierarchical living down. We're really taking to the next level because we've identified how that paradigm can really shape the new society that we're building. Gareth, what would you like to say on this?

Gareth:

Yeah, so that was a couple of episodes where we interviewed Professor Rory Ridley-Duff and Graham Boyd, who are the co-creators of the Fair Shares and the Fair Shares Commons. And, as you said, dan, it's a new economic paradigm. What does that mean In a nutshell? It's an enabler of a new economic paradigm because it's a way for companies to structure themselves. It's a legal incorporation that enables companies to be a triple win across people, planet and profit. So the fair shares is a legal incorporation for companies that really enables the future to be built effectively, dan, and that's the blueprint and the foundation that we're using here at Co-Living.

Daniel:

DAO Exactly, and this fits in really nicely with the DAO in the Co-Living DAO name Decentralized Autonomous Organization and we discussed this in a number of episodes, especially straight after talking about the fair shares commerce. We immediately had a very interesting conversation with Mickey Elson about art, sustainability and DAOs indeed, and how that relates to co-living as well. So, gareth, mickey has a lot of experience in art, co-living and DAOs effectively, so we had a very interesting conversation with him. What are your thoughts about that?

Gareth:

Yeah, mickey's, in all sorts of different areas like nfts, art, sustainability, dowse and co-living, and it seems like a lot of different things, but they all are very complementary. You know, they're all elements that come together and that was really interesting for me to listen to because, mickey, it was setting up some co-living spaces and experimenting with DAOs, but also experimenting with real world art, nfts, real world objects, and they all actually came together. They all tied together. Dan, to give an example, if someone's in a co-living DAO or a DAO co-living whichever way round you want to take it they are owners in the place they live and they're entering a new sort of digital realm of ownership, which includes the digital ownership of art and digital art, and so you have digital living and digital art coming together. So really complex stuff, but it all makes sense and is all interconnected.

Daniel:

Yes, absolutely. There's so many connections there and definitely the connection between DAOs and co-living is a big one, one we've discussed so much and co-living it's not by chance that it's in the title of this podcast Co-Living DAO Insights. We are, in fact, getting involved with DAOs and co-livings and NFTs as well, so it was great to discuss this with Miki, and we also spoke a lot about co-living and especially the community element of co-living. So we had a fantastic conversation with Claudia Bell on how to really build community in a co-living space, and a very natural continuation of that conversation was the next episode with Steve Savitas on leadership, values and ownership when it comes to community building as well. So, gareth, what are your main takeaways from the conversations we had with Claudie and Steve about community building?

Gareth:

Yeah, the thing that struck me about Claudie and Steve is the energy they brought in. They were so enthusiastic and passionate about community building and how to build leadership to build great communities and it's really interesting because they can sort of see the benefits. They really see and have lived some of those benefits of building really strong communities and for me that really you know it brings home that this is a benefit that can be realized today. This isn't some far-flung future benefit.

Gareth:

If you build a great community where people love to live in a place, it's so many intangibles, right, there's so much intangible value to that. It's difficult to quantify it, but when you're in a place that has a really strong community and you're living in a place with really strong community or you're a part of a strong community, it completely changes your entire perspective on life. You can feel it. It's an energy. You don't need to go into the complex descriptions of how to build. You know regenerative leaders and how to build regenerative communities. When you walk into one of those communities you really feel it and I really felt that listening to Claudine and Steve talking.

Daniel:

Exactly, those were great conversations and I really felt that listening to Claudine and Steve talking. Exactly, those were great conversations and I can say the value of community is really priceless, it's really incalculable, because having a strong community is something that makes a huge difference and there's no money, no amount of money, that can really buy that community feeling of having people around and having strong bonds with your neighbors, your community members. So that's something that we're recreating here at Koldevendau and we spoke quite a few times on how we do all this. At Koldevendau we had a deep dive into the actual model, explaining exactly how it works, and then we had a conversation, a few conversations, on how that works for all the actors involved really in co-living DAO and, of course, for the ones of you that are familiar with the project, you know this very well.

Daniel:

Here at co-living DAO we're building what is effectively a three-way marketplace or a launchpad, so to speak, for co-living communities. So on one hand, we have the co-living operators, or new prospective co-living operators or existing ones that want to embrace the co-living model and on the other hand, we have investors investors in co-living, investors in people, investors in property, investors in assets real world, assets in property, investors in assets real world assets and, on the third hand, in this three-way marketplace, we have residents or prospective residents, people that want to live in a different way, people that are not satisfied with this very isolated way of living that somehow is predominant in our society, people that want to live in community with people around, but also retain a certain level of independence, if need be. So find it really sweet spot. So, gareth, in a nutshell, being an operator, an investor or a resident utilizing CoLivingDAO how does that work?

Gareth:

Yeah, so effectively, colivingdao is a launchpad platform for all three of those. If you will like, call them customers, but it's the simplest way to imagine them. And if you're one of those, if you belong in one of those customer groups, then you can come onto the platform and effectively connect with the other two that you need in order to make a co-living happen. Right? So if you're an investor and you want to invest in a co-living community, you come on the platform and you can invest in somebody who has put down the intent. A co-living community starter is also on the platform and they're like hey, I want to start this co-living in madrid. We got the building, we're ready to roll this co-living in Madrid. We got the building, we're ready to roll.

Gareth:

All we need is some investment money. I've got the business plans, we're all ready to go. Then the investor can come on and say, oh, I really like this co-living and community planned for Madrid. I'm going to invest in this one. And equally, if you're a resident and you're looking for a cool new co-living community to live in, if you come on to the co-living DAO platform, then you can search for the existing co-living DAO communities that are out there and see if one's available in the place you want to live, and then you can put your name down to. You know, go join a waiting list or even go straight to one of those co-living DAO communities. You know, go join a waiting list or even go straight to one of those co-living DAO communities. So covering all three angles in one place, making it easy for everyone to get involved.

Daniel:

Exactly. And again, for the ones of you that want to either get involved or simply find out more about how co-living DAO works, by all means go back and check out these episodes, or simply check out our website, co-livingdoubtio, because you will find a lot of information there too. And, in fact, in one of the previous episodes, we also discussed how the membership works here at Co-Living Doubt, but not before having a very fun and light conversation with Steve Serge, discussing happiness, connection and positivity in a co-living community, meaning how effectively life can be a lot lighter and a lot more fun living with other people. And then we jumped into, as I said, a deeper conversation on how effectively we are utilizing CoLivingDAO to create a federation, a global network of region communities. So, very nicely, this ties into the concept of membership that we've launched as well. So, gareth, what can you say about the federation?

Gareth:

Yeah. So if you go back to the Launchpad platform that brings together community starters with investors, with potential residents, the federation is what really turbo charges us and unlocks huge numbers of benefits for all three of them. Because there are multiple co-living DAO co-living communities that will that will be available and will be launched through the platform and so if you're an investor, you have a selection of co-living communities that you could invest in. If you're a resident or a potential resident, there are multiple co-living communities across the federation and that unlocks an amazing benefit in terms of being the resident, being a resident and holding membership of the Co-living DAO federation. So imagine you are in one co-living dial community and you really love it. It's a really strong community.

Gareth:

But you get a job and it's in a different city and you go into the federation and and you discover, oh, there's a co-living dial community, uh, in the other city where I'm going to move to. Fantastic, I know what it's all about. I really like it. I really like the way they run it. It feels good to be an owner, as a resident, and have ownership in the co-living DAO community that I live in. Being a member, you can much more seamlessly move from one city to another or from one co-living DAO community to another. And that's the beauty of the membership it's so flexible. It unlocks some extra flexibility in your life and the ability to move around without all the hassles and the bureaucracy that we're all familiar with when we move from one city to another, exactly.

Daniel:

So a lot of advantages really, and, if you ask me, it feels like such a much better way of living having this global network around me I can tap into whenever I wish. And we also discussed about co-living, specifically about co-living spaces. We also discussed how decentralized governance works and self-managing teams, Because at CoLivingDAO we're not just following the usual strongly hierarchical structure in governance in the usual companies. Effectively, we're doing something a little bit different which has a big promise of a lot of advantages, Right, Gareth?

Gareth:

Yeah, this is huge. So we talk about people, planet and profit. This is a term that's thrown around a lot by companies that want to be environmentally and socially responsible, but if you want to do it and do it for real, it really means taking care of employees, right? So when we're talking about self-managing teams, we're talking about how do we take care of employees and make sure that they are developing the best career possible? Employees and make sure that they are developing the best career possible and really the forerunners in this space are companies that run on self-managing teams and give trust and autonomy to their employees to let them have permission to go out and build the coolest stuff possible, right? So that means letting go of hierarchical control systems, letting go of bosses that are telling everyone what to do all the time, and moving into an era of trusting people to be able to determine their own work destiny, to determine the destiny of the company big, big leap forward.

Gareth:

It's a big ask. It requires a lot of bravery and a lot of trust, but it can unlock the potential of everyone that works for such a company. You know, everyone knows a job that they had, where they're just checking in nine to five and doing the bare minimum right because you're just told what to do. You feel like a cog in the machine. You don't feel like you're just told what to do. You feel like a cog in the machine. You don't feel like you're part of the vision and the mission. Imagine what that looks like if you flip it upside down and you're in complete control of your own destiny at work and everything you say is heard and valued and considered. You know that has the potential at least to unlock really high performance and make the workplace a great place to be. So that's what we spoke about there. That's really the future of work and we're going to bring that into co-living DAO.

Daniel:

Absolutely, and that's the people element of co-living DAO While keeping in mind profit, of course, because the way self-managing teams work, they're not only better for the people, but effectively they end up being more productive, based on several studies and examples that we've seen, and we're here to prove that as well. So that's some of the fun part that we have here at Kulavindau. And the other P is planet. So we spoke about especially the relationship between profit and planet and we discussed that in the following episode as well, discussing financial, social and environmental prosperity in the co-living. Gareth, you're an expert in sustainability, environment regeneration. What is the most memorable thing about the episode that we had here?

Gareth:

yeah, this is, this is my special interest. I'm going to be honest, um, but yeah, like taking care of people and the people planet, profit is really important and the way we do that is through the self-managing teams and legally embedding the requirement to give employees power. So, similarly, from an environmental standpoint, we are embedding really strong protections for the natural world and the environment, because we need the environment to survive as a species. We need the natural world to survive and thrive, to survive as human beings, and people often forget that.

Gareth:

So we did a deep dive into how co-living DAO is going to enable the protection and actually the enhancement of nature and natural ecosystems and to give some simple examples, we can make a requirement that every co-living DAO community will enhance the green and blue spaces that it surrounds green and blue spaces that it surrounds. So, for an example, if you have a co-living community in a big city, there's no reason why you can't plant a few trees around the building, create a green space and a little miniature park for the residents to come out and enjoy and be shaded from the sun when it's sunny and to get some peace and tranquility right, and it also adds to the environment in the local neighbourhoods, neighborhoods. We can also run our buildings on renewable energy. We can build in the circular economy and make again make it a legal requirement so that we have minimal waste, maximal recycling and the reuse and repurposing of materials in a circular economy. So co-living dao is an enabler of environmental protection and to help our planet thrive, alongside our employees and our residents.

Daniel:

That's awesome and again we see how these three P's really effectively they interact in our three separate entities.

Daniel:

So we spoke about planet, we spoke about people, and we've seen how they interact with profits and they all support each other really.

Daniel:

But then we also discussed profit a little bit more specifically, which is fun, because I know that a lot of people, of course, are in this to make money, which is great, and a lot of operators. They need to first of all make their co-living idea financially viable, otherwise it could not survive in the first place, and then they probably want to make a profit out of that as well. So we discussed more in depth how to monetize your co-living space. So if you're an operator, you definitely want to go and check out the episode that we aired not too long ago, and those strategies are very relevant to date as well, and those strategies can really help any operator make their co-living space a reality. First of all, and for the ones that already have a co-living space, maybe they've been leaving a lot of money on the table as well, because maybe they haven't utilized all the monetization strategies that are available. Gareth, it is possible effectively to monetize and effectively make a profit from a co-living space while also benefiting people and the planet right.

Gareth:

Yeah, absolutely, and it's very necessary. We talk a lot about people and planet and how co-living dial is going to enhance them. But if you're making a profit, you're going to turbocharge the protection of the planet and the well-living dial is going to enhance them. But if you're making a profit, you're going to turbo charge the protection of the planet and the well-being of your people, provided the protections and the incentive structures in the right place, right? So co-living dial is a bit different in that as it grows it can potentially enhance the environment around it. So profit is super important.

Gareth:

And two of the highlights that came from that episode one's really interesting on modular spaces. You know, having spaces that you can convert from social to work or events very quickly at the drop of a hat can enable you to utilize space more efficiently to generate more money with the spaces you've got. And the other really interesting one that you brought up, dan, was where there's a co-living that has a strong theme. For example, if there is a community of bodybuilders, then you can partner up with nutrition and fitness companies in that space and offer memberships, product discounts and become part of a wider ecosystem in the local neighborhood.

Daniel:

That's a really cool way to generate extra cash exactly, and we'll get back to the themed co-living idea, because it's something we discussed a little bit later on as well. But what we did after talking about monetization, what we discussed effectively is how web3 makes it possible to build decentralized living communities, and we could argue that DAOs are effectively a product of Web3 in a way, and before we had a deeper dive into DAOs, we spoke about Web3 and how decentralization really was enabled by blockchain technology. So, gareth, when we spoke about blockchain and then discussed effectively what happened with DAO so far, what a DAO is in the first place and why a lot of DAOs in the past failed, but that shouldn't really discourage anyone, because we identified the reasons and we have a very specific solution to address those issues right.

Gareth:

Yeah, absolutely, and there was a lot to unpack there in the DAOs in particular, and I think the episode just before it when we spoke about web one to web two to web three is really the main takeaway there, right? So Web 2 is basically the internet that you can interact on as a user. Classic example is social media, where you go on and interact on social media. Web 3 has taken that to the next level, where users can actually monetize the activity that they're generating on those platforms and generate some ownership as well. So having a share in the wealth and power is what Web3 is all about, and DAOs then take that as a product of the Web3, as you said, and enable a group of people to come together towards a common aim and use a kind of digital coordination decision-making system, which is the DAO, and also to hold a pot of wealth together in order to achieve the aims of what that DAO wants to achieve in the world, in the real world.

Gareth:

So that was really cool stuff, and that all ties back to co-living DAO. We're using the DAO to coordinate decisions in our co-living communities for our residents and employees, and they get ownership and a fair share in wealth and power and decision-making, which is exactly what the benefit of a DAO is, dan, and in particular, with the DAOs. It's actually, you know there's a lot of negative press about the DAOs, but they're quite big. You know. We're talking tens of billions in market cap even today, after a few years from the initial pioneers, and we spoke about how co-living DAO can provide a structure where it prevents against some of the lessons learned from some of the DAOs that failed in the past.

Daniel:

Yes, we did, and in fact, we've identified many reasons why DAOs effectively failed, and the beauty of that is that we're well aware of what didn't work in the past and we learned a lot from that as well. So learning from other people's mistakes is one of the best ways of learning, and we've identified specific ways to really address all those issues. Certainly, some of the DAOs effectively failed because of either glitches, technology problems or simply situations that could have been prevented. No one thought about that before, but now we thought about that because we've already seen that in action. So we know exactly what to do to address that.

Daniel:

And certainly there'll be more pitfalls potentially waiting for accidents to happen and we've got things in place for that as well, especially because the systems that we're building have a lot of anti-fragility embedded in them as well and, gareth, we spoke about the concept of anti-fragility quite a lot, mostly in relation to the new economic paradigm, but also when it comes to self-managing teams and DAOs as well, because a lot of DAOs failed because there was still a central point of failure, even though it was categorized as a DAO. But what we're doing right now is really take things to the next level and make sure that the system becomes anti-fragile. So, gareth, what does that mean?

Gareth:

Yeah, anti-fragile is kind of a weird term, right, but it sounds cool. What it means is okay. So, to give a simpler example, if we talk about something that's resilient Okay. So, to give a simpler example, if we talk about something that's resilient, whenever a negative shock or an attack occurs on something that is resilient, it doesn't break, right. So if you try to break something with a hammer and it doesn't break, we call that object resilient. But anti-fragility is the next level up. When a negative shock happens or something tries to break an object, that thing becomes stronger as a result of the attack or the negative energy or whatever you want to imply with it, because it takes the negative energy and converts it into positive energy and it grows and learns from the negative shocks. Sounds super complicated.

Gareth:

Is related to why DAOs can sometimes fail. In a nutshell, we're using the fair shares commons as our legal blueprint. That enables true wealth and power sharing and fixes some of those centralized failures that have happened to DAOs in the past and enables the whole system to be much stronger. And a big part of that is the federation. So if you have a federation a large number of co-living communities all connected together when there's a shock on one part of the federation, then the other parts of the federation that are unaffected can then deliver resources to the bit that's had the shock, and so the whole thing learns and grows and compensates for those negative shocks. So the federation's a big part of that too, to build in the anti-fragility Dan.

Daniel:

Absolutely, and that's something we discussed quite in depth as well. For the ones of you that are interested, you'll easily find the relevant episodes. And then we naturally ended up talking about house sharing and the housing market as well, and the reason we did that is because, after all, cool living is a part of a property business, a property industry, the real estate market industry, the real estate market, and we've identified a few dynamics that are a little bit detrimental in the, not just in the house share market, but also in the housing market in general. And we spoke about some problems with sharing, but we also spoke about some problems with gentrification and what happens on a larger scale, to not just property but even neighborhoods or even cities, so to speak. So, gareth, what's happening right now in the market and why we are effectively, indirectly or sometimes even directly, addressing that too?

Gareth:

Yeah, there's a whole bunch of stuff in there to unpack. One of the interesting ones we came across relates to some of our personal experience of looking for places to live, and we noted that when you look at the house share market, a lot of the platforms just kind of list the property physical characteristics, how many rooms there are, how big it is, where it's located, and they don't tell you anything about the three other people that already live there. And then when you move in, it's like, oh, these are these three people, these are their personalities. Isn't this a big part of sharing a house? Isn't this a really important component? And it's not even spoken about when you go out to look for a place to live on these platforms. So there's a really interesting gap there and almost like a blind spot on the community and social interactions in the places that we live. Too much focus on the physical, not enough focus on social and community.

Daniel:

Yeah, and what we've seen as well is that this lack of recognition of the importance of community is also effectively the dark side of gentrification. We discussed this dynamic by which entire neighborhoods raise their value, so go up in value, thanks to the communities, which is usually potentially artists, craftsmen or creatives, people that effectively do something to make a neighborhood more valuable, and as a result of that, sadly, very often they stripped off that neighborhood itself and the community is broken because a new class of investors and later a new class of residents enters the area, effectively taking the soul out of that particular community. And, Gareth, you coined this new term blandification. What does that mean?

Gareth:

Blandification, that's right.

Gareth:

Well, it's kind of, yeah, exactly the process you just described, where artists and creatives go in and make a community really dynamic and interesting and the example we gave was Hackney in East London and then, as a result, the local area goes up in value and then property developers come in, buy up the places where the creatives and the artists are living and convert them into modern apartments.

Gareth:

Then the next wave of sort of corporate high-earning employees move in. But because they move in, the artists are moving out and it changes the culture of the area and you end up with this kind of well, the high street chains move in, right, so all the typical businesses that move in because of as a result of the economic uplift in that area. And then that area loses its character and it just becomes like every other high income neighborhood with corporate employees or the standards you know, high, high earning young professionals that want to be a part of that vibe, and the energy that brought them there in the first place disappears, becomes bland, becomes the same as any other neighborhood, nice neighborhood in a big city. So, yeah, that was interesting blandification, the dark side of gentrification and, more importantly, how co-living dial was going to solve these things right, dan? How is co-living dao going to solve that dark side?

Daniel:

yes, absolutely, by all means everyone. Check out the episode if you want to know exactly how. But, in a nutshell, what we're really doing here at co-living dao is allowing for other types of capital that are not financial capital to be rewarded as well, and creatives, artists and, in general, local communities that add value to a certain neighborhood. They deserve to be rewarded as well, even if, by the current system, no money is flowing into their pockets. They should effectively get a reward, because it's thanks to them that a place becomes more attractive, more appealing, and it's thanks to them that a place has a soul as well and it becomes interesting from a cultural point of view as well. So what we're doing at Kolovin Dow is we're finding ways to make sure that every type of capital is really rewarded, not just the financial capital, and they're really giving a voice to the residents of each community. So that's exactly how we do that, and this obviously nicely leads to the concept of co-living.

Daniel:

In the last two episodes of Co-Living Dow Insights, we covered co-living more specifically. In particular, we spoke about the differences between short-term or long-term co-living, and this is something very interesting, because right now we're using the word co-living to denote really a very wide range of living solutions, so short-term versus long-term effectively can mean a very different lifestyle, but there's an interesting combination that can be possible as well, and we also spoke about how at CoLivingDAO, we really find a sweet spot that combines the best of both worlds, right, gareth?

Gareth:

Yeah, exactly, so you know when it's appropriate for you to have a short-term living co-living place in the CoLLiving Dial Federation. That should be possible. You can come in for a week, a month, three months or whatever you want, and then when you're ready to move into a long-term situation, co-living Dial could also have a community that's appropriate for you. Dial could also have a community that's appropriate for you, for example, in different life stages. If you move from being a young single professional to starting a family, you can move from a very short-term sort of digital nomad lifestyle to I'm going to settle down in a family-based co-living unit, just to give one example. And if you want to dive in more into that and understand how we offer much better flexibility than the current co-living model, have a listen to that last episode.

Daniel:

Yeah, and then in the very last episode that we aired, we spoke about themed co-living, just like we mentioned earlier as well. Now, themed co-living spaces are the future, in my opinion. Certainly, there's been a few already. There's a few upcoming ones as well. The whole point is it's really possible to add a lot more value through a community by ensuring that that community is themed meaning, rather than just having a very vague and diluted value proposition that sounds like just live with like-minded people.

Daniel:

Wait a sec, how do you know they're like-minded in the first place, right? Why not really choose a theme, choose a type of people that your co-living space wants to attract, and that's how effectively residents will get value, not just because of the real estate, not just because of all the other benefits that co-living DAO can bring, but also because they are living with people with whom they definitely have some tangible things in common, and you know that people are willing to pay a lot of money just to be part of a club. Imagine not needing to be part of that private club because they already live with people that have major things in common. Gareth, themed co-living spaces present a huge advantage, right?

Gareth:

Themed co-living would be amazing, right? So imagine you have a hobby that you're really into and you spend all of your time outside of work on that hobby, and then you move into a building and everyone also has the same hobby as you and you can instantly tap into events around that hobby. You can connect with people, have conversations with your neighbors about it. They're going to tell you about what's going on in in the latest you know the latest news in your hobby and it's just going to turbo charge, uh, your, your social, social life and your interest outside of work and all the amazing benefits that that would bring, and it would become a magnet for people that are really into that. You know, it could be anything. It could be boxing, it could be um chess, it could be painting aircraft models, you name it. It could be literally anything that people are into. You could build a whole community around that, and not just an online community, a physical community where all your neighbours are into the same stuff.

Daniel:

Absolutely and effectively.

Daniel:

This brings us to where we are right now, after 25 episodes here at Call ofau.

Daniel:

I hope you all enjoyed this nice little recap and if any of these episodes really catches your attention or rings a bell, if something is speaking to you, by all means go back in time and go and listen to the full episode, because we really went in-depth.

Daniel:

Back in time and go and listen to the full episode, because we really went in depth. We discussed things quite extensively and I'm sure you'll find a lot of insights here at Cold Living Tao Insights. So what we're doing here at Cold Living Tao effectively, other than the podcast, is we're creating this new paradigm, creating this new way of living, and by checking out the previous episodes, you will gain a much better understanding of how we're making this a reality. And by checking out the previous episodes, you will gain a much better understanding of how we're making this a reality. And for the ones of you that want to get involved as a very easy way, simply reach out to us and we'll show you the next steps. Gareth, any final thoughts on what we've done so far, where we're going here at ColovinDAO and how people can get involved?

Gareth:

Yeah, so we've got a whole bunch of great content there. For those of you who are just joining, I recommend the first episode, which is Planting the Seed and the Genesis of Co-Living DAO, where myself and Dan were actually neighbors in a co-living and that's where Co-Living DAO emerged from. So that's a really interesting one to listen to. And then we also did a founder's deep dive into Co-Living DAO, where we explain exactly what Co-Living DAO is and all the main elements of the concept. So I would recommend that you start with those two episodes and then a whole bunch of topics after them. You can dive in and just catch up and listen to whatever bits you're interested in. 25 episodes, loads of great content there.

Daniel:

Something for everyone, absolutely. So I hope you enjoyed this episode and, by all means, stay tuned, because we are back, as usual every week with more content. We're going to get more guests very soon as well, and we're going to get more guests very soon as well, and Gareth and I will be here discussing very interesting aspects of co-living, web3, daos, self-managing teams, fair shares and, more importantly, community, people, planet and profit. So make sure you stay tuned, make sure you subscribe to this podcast if you haven't yet and we will be back with all of you next week.