Case Study: Bankless Consulting's Support for Quest of Evolution's Web3 Transition

Background

• Project: Quest of Evolution, an emerging DAO focused on decentralized publishing for novels and intellectual properties.

• Objective: To refine their business approach and pitch deck for VC presentations.

• Solution Applied: WEB3 Discovery Sprint

Challenges Faced by Quest of Evolution

• Adapting the traditional publishing business model to the nuances of web3.

• Structuring the organizational framework of their DAO.

• Developing a comprehensive tokenomics plan.

• Crafting a profit distribution model for DAO-co-authored intellectual properties.

Bankless Consulting’s Intervention

• Methodology: Organizing workshops and iterative development of business models.

• Key Focus Areas:

  • Tokenomics Model: Establishing a viable token economy for the DAO.

  • Business Model Enhancement: Leveraging smart contracts and blockchain technology for publishing.

  • DAO Organizational Design: Structuring the DAO for efficiency and scalability.

  • Pitch Deck Redesign: Creating a compelling and clear investor deck.

Outcomes

• Robust Business Case: The Quest of Evolution now has a solid business case tailored for web3 with sound tokenomics

• Enhanced Investor Deck: The redesigned pitch deck effectively communicates the project's value proposition to VCs.

Conclusion

Bankless Consulting’s strategic guidance and tailored workshops played a pivotal role in transitioning Quest of Evolution into a web3-savvy DAO. The transformation not only refined their business model but also equipped them with a persuasive pitch deck. This case study exemplifies the potential of expert consulting in bridging the gap between traditional business practices and the evolving web3 landscape.