Hi guys,

Stay tuned for Community Call as usual!

🧑‍🎓 How to build a web3 product that people want (30m)

- Speaker: k2
- Content:
- Web3 has business, money, investors, and speculators but few users
- Be creative on the business model: most people cannot or won't pay for your product
- What's unique about web3
- How to know if an idea is fit to build on Blockchain?
- What is the best learning resources for product builder on web3?

🕵🏻‍♂️ Investment update (30m)

- Speaker: Linh Han
- Content:
- GDEX memo
- Binge Builder
- Hippos

🤹‍♀️ Q&A

👉 See you at 7:00-8:00 (UTC) on Discord (2nd Dec)!
🔮 Hectagon Discord: https://discord.gg/hectagonfinance?event=1047356446242771004

️👉 In Web3.0, thanks to tokens, whenever any value flows through a protocol in web3, the protocol actually accrues value. The majority of dApps will be less in profit than the protocols that underpin them, but there will be many more winners in a given sector.

Compared to investing in individual dApps, investment in protocols can be far more profitable, but protocols are much more winner-takes-all

The degree to which a protocol is composable should be taken into account when making an investment in it. Composability is the capacity to pile smart contracts without restriction.

The key concept of tokenomics is that it is only a matter of supply and demand. The number will increase if there is a greater demand for your token than there is room to supply it.

📍 Most of this can be easily obtained through blockchain explorers. You can explore on-chain data analysis tools like Dune for more complex analyses.

Big names in centralized corporations follow a predictable S-shape life cycle. Progressing from attracting users to extracting their data, or from cooperating with third parties to competing with them. (pic from @cdixon.eth)

Decentralization, on the other hand, puts internet control ****back into the hands of the users, the creators, and the developers.

This ownership is managed via Tokens issued by the network

The control is managed by Decentralized Autonomous Organizations (DAOs)

These tokens can be fungible (Bitcoin, Ethereum) or non-fungible - NFTs (unique items - art, music, etc)

Everyone can own a bit of a company, and everyone works as hard as they can, not to beat another competitor who might once be their “godmother”, but for the mutual benefit.

👉 Web3 matters because Decentralized Model provides a new business approach, solving the competing math at the top of the traditional S-curve.

🚨 Bounty Call 🚨

🎊 Project Screening Batch 2 - Kick-off 🎊

- For each approved screening: 30 HECTA
- For 10 approved screenings on a streak: 450 HECTA

🎯 Start date: 5 Dec 2022

👉 Detail: https://forum.hectagon.finance/t/project-screening-batch-2/340


👉 Register at: https://docs.google.com/forms/d/e/1FAIpQLSfhVu2h7CSK66RJoC5nWv8O4ZN4cxJ5xdm9u0EU8asq8RRqKg/viewform

The token distribution mechanism is like going to school in real life. Crypto is just a teenage kid with more than a decade of existence.

So what does this kid have on his plate when it comes to tokenized evolution?

👉 Check it out: https://medium.com/@HectagonFinance/the-evolution-of-the-token-distribution-model-29d4a4aa9390

As with any asset management, the fundamental rule of DAO treasury management is to avoid losing money. This seems both tough and apparent, but it's crucial to emphasize since it will assist the DAO to make all of its following decisions. Four components may be identified here: expertise, acknowledgment of risk, risk calculation, and execution.

♦️ Expertise: Does the DAO wish to handle all investment decisions internally or outsource them to professional services firms or decentralized apps (dApps)?

♦️ Acknowledgment of risk: DAOs are only as human as their members, hence its decisions for each investment’s risk tolerances should be the mutual levels for every member in that DAO

♦️ Risk Calculation:

A standard formula used by insurance companies is:

Risk = Probability of Loss * Loss

DAOs can use a few engineering and financial methodologies as fundamental safeguards: FMEA, VaR, etc.

♦️ Execution: Another important subject in the business and financial realms is execution risk. There are a few things to consider in the context of DAOs: Talent; High signal-to-noise ratio; Systems.

Hope this is useful for you when you need it. Stay tuned for a “DAO's worthy membership” in our upcoming article!!

👉 Check it out: https://medium.com/@HectagonFinance/how-to-manage-a-dao-treasury-evaluating-risk-4907d396a79d

Hi guys,

Stay tuned for our Community Call as usual!

📰 Market Update

- Web3 and real services for users
- The bear market doesn’t stop people’s attention to the crypto market
- Lack off liquidity in the market pressure all protocols

💟 Hectagon update

🎆 Investment update

- Yappa fi

See you at 7:00-8:00 (UTC) on Discord (09th Dec).

🔮 Hectagon Discord: https://discord.gg/hectagonfinance?event=1050428156881948712

️🎯 How to manage a DAO treasury? — Diverse Membership

To protect the treasure and aid in its expansion using collective intelligence, first, create a diversified community that spans all time zones and has a strong "immune system.”

Try not to do anything that generates the opposite results, such as several factors discouraging potential members from joining an organization below!

👉 Check it out: https://medium.com/@HectagonFinance/how-to-manage-a-dao-treasury-diverse-membership-b4d2f4d069f1

Next time, we will cover “healthy DAO treasury” considering the assets and tools. See ya!

📍 Community Composability’ — the bridge from Web2 to Web3!

Web 3.0 is undoubtedly going through its hard early adoption time just like the Internet in late 2000.
In Web2.0, we, unfortunately, get used to don’t get paid for anything we’ve create, because “it is the tech giants who control what is on internet”

On the other hand, he concept of cooperation exploiting online influencing is sharing a bit common with Web3.0’s community composability model. And this is exactly the bridge we are looking for to familiarize Web2.0 users and their onboarding to a new era

Crypto products should be created meeting web2.0 users where they are, instead of asking them to adopt a new behavior.

👉 Learn more: https://medium.com/@HectagonFinance/community-composability-the-bridge-from-web2-to-web3-37e7ad722fff

️🎯 How to manage a DAO treasury? — Diverse Assets!

A diversified treasury should seek to balance exposure across a range of assets and hold at least two years' worth of operational expenditures in stable, liquid assets.

The following assets range from passive, relatively low-risk assets such as L1s, to more active liquidity provision and riskier ventures

Stablecoins are digital coins that are linked to fiat money, such as the US dollar ($USDC, $USDT, and $DAI). Being used to anchor a treasury in the conventional financial sector. Using different multi-asset, single-asset, and algorithmic tactics to maintain their pegs

Stablecoins are neither backed by banks nor covered by the FDIC like fiat currencies. A coin's name and its popularity do not necessarily imply its security or price stability


👉 Learn more: https://medium.com/@HectagonFinance/how-to-manage-a-dao-treasury-diverse-assets-861c979a0d19

️🎯 How to evaluate a Web3 project?

Despite the fact that Web3 is predicted to bring to web users a whole new conception of anything online, and it does, at this moment, Web3 is just a teenage kid compared to how people’s mindset about the internet. Therefore, as the very first step, a product in web3 should build itself to be fitted into at least one of the evaluated “old” models, which are mostly used in the traditional investment market.

👉 Learn more: https://medium.com/@HectagonFinance/how-to-evaluate-a-web3-project-f4b96a8e9e44

📍The Central Bank of Nigeria (CBN) announced a limit on cash withdrawals made by individuals and organizations with effect from 9 January 2023. The CBN said the maximum cash withdrawal per week via ATM should be N100,000 subject to a maximum of N20,000 cash withdrawal per day.

The CBN governor, Godwin Emefiele, has been called before the Senate's lower chamber counterparts for an explanation. The legislature also instructed the Committee on Banking and Finance to aggressively monitor the apex bank's adherence to its promise of flexible adjustment of the withdrawal limit. Here are some suggestions made after the Senate gave the committee's report on the new withdrawal limit and cashless policy implementation some thought. Additionally, the committee did request that the Senate aid the CBN in putting the measures into effect.

👉 Check it now: https://medium.com/@HectagonFinance/the-cbn-announced-a-limit-on-cash-withdrawal-1f09225b2035

️🎯 How are DAOs the businesses’ ideal model?

The world is applying a new model to businesses, and it’s called Decentralized Autonomous Organization (DAO). Due to the new structure that recognizes the work of individuals in a company, eventually, DAO turns the workplace into a more transparent environment.

👉 Learn more: https://medium.com/@HectagonFinance/how-are-daos-the-businesses-ideal-model-3c515fd33efc

📍DAOs, Blockchain, and the Potential of Ownerless Business!

It is inspiring to see how far the business has progressed since bitcoin’s introduction approximately ten years ago meanwhile Blockchain technology may change direction swiftly. Prior to bitcoin, the financial industry was characterized by its reliance on banks as reliable third parties, who protected the security and fungibility of our money, albeit at a sluggish and expensive pace. Decentralized technology has shown that, instead of working via banks, for instance, the interests of several organizations may be coordinated in a single system.

👉 Check it out: https://medium.com/@HectagonFinance/daos-blockchain-and-the-potential-of-ownerless-business-efb7af37f538

️🎯 DAOs are led by the community’s Purpose!

Corporate structure has a significant impact on a company’s overall performance. Organizations may design competitive advantages straight from their blueprints, from strategy execution to corporate culture and meeting customer expectations. For Purpose-led Organizations, having an inclusive structure is crucial since they must have a compelling “What, Where, When, Why, Who, and How” to inspire contributors in order to achieve their social and non-financial goals. By working as a DAO, every organization is led by the desire of all members. The yearning we all have to give to something bigger than ourselves and beyond the personal gain is evoked by this. It is the greatest that mankind has to offer.

📍According to EY Ireland, there are some required ingredients to build a purpose-led organization:
1/ Engagement
2/ Improve communication
3/ Connect the incentives — be consistent
4/ Remove the barriers to understanding
5/ Measure what you treasure

👉 Check it out: https://medium.com/@HectagonFinance/daos-are-led-by-the-communitys-purpose-63f6dbd1fede

Merry Xmas & Happy Holiday Season to you! 🥂🍾

Let's spend a joyful time this week to celebrate the Christmas with your beloved ones🎄.

Our Community Call will be back next Friday (30-Dec) to recap our 2022 achievements and share our strategy for the upcoming year

🚀 Stay tuned and see y'all next week!

Like any other community, every DAO has a group of people who may have different languages and cultures, but they are after the same goals. DAO community can be defined in different scopes: either a wide group (everyone who’s interested in your project) or a narrow one (only those who work on the project itself).

DAO community might appear to be an ambiguous subject. You won’t be in the dark about what your community should accomplish or how it might benefit the company, though, after you create clear and actionable limits around it and what you want it to be.

Is your DAO community healthy?

👉 Check it out: https://medium.com/@HectagonFinance/is-your-dao-community-healthy-38dfcba86bb5