MyCollective - Group-mints App
Inspired by the adoption of progressive web apps (PWAs) with Friend.tech, Liquality launched MyCollective, a PWA that enables minting campaigns within minting groups. Increased participation leads to greater rewards for both minters and creators. As a hub within the web3 ecosystem, this application empowers groups to unite around common objectives and act together as onchain collectives without the constraints of multisig requirements or DAO approval processes.
MyCollective - Group-mints App
Inspired by the adoption of progressive web apps (PWAs) with Friend.tech, Liquality launched MyCollective, a PWA that enables minting campaigns within minting groups. Increased participation leads to greater rewards for both minters and creators. As a hub within the web3 ecosystem, this application empowers groups to unite around common objectives and act together as onchain collectives without the constraints of multisig requirements or DAO approval processes.
MyCollective - Group-mints App
Inspired by the adoption of progressive web apps (PWAs) with Friend.tech, Liquality launched MyCollective, a PWA that enables minting campaigns within minting groups. Increased participation leads to greater rewards for both minters and creators. As a hub within the web3 ecosystem, this application empowers groups to unite around common objectives and act together as onchain collectives without the constraints of multisig requirements or DAO approval processes.
Screenshots
Overview
Solution
The primary goal is to enable individuals within a group to collectively maintain a unified onchain identity while retaining decision-making autonomy. By eliminating the need for multisig structures, our platform addresses the challenge of centralized governance and empowers users to take independent actions within their groups.
Challenge
The biggest challenge with MyCollectives was the UX challenges of using the collective SDK together with erc-4337. Also, how to achieve network effects of bootstrapping a group-based minting campaign.
Takeaways
A standalone app aimed at incentivizing new behavior (group onchain minting) faces the cold start problem of a two-sided market. Utilizing a novel smart contract wallet architecture improved UX by reducing friction.
Use cases
Liquality’s MyCollective app and related SDK support various collective initiatives, such as community-driven projects, decentralized organizations, and collaborative campaigns. By offering a centralized space for group coordination and governance, the tech enables efficient collaboration and decision-making among participants.
Technologies used
Collective Protocol, collective SDK, Reservoir, Wagmi, Web3 Modal, Pimlico erc-4337.