FWB originated as an internet-native group of friends with a shared interest in crypto and culture. Just a few years later, it has blossomed into a global community of over 4,000 members. With such a diverse group of participants and so many initiatives across our DAO, it’s no wonder that FWB means many different things to many different people.
Before this next chapter unfolds, there’s an opportunity to hear from all voices in the room about what FWB means to each of us, where we want it to go, and how we can collaborate to get there.
To make that happen, FWB introduced our first Census this summer — a comprehensive survey to understand where we are now, and where we’re heading.
The goal of conducting the survey was to:
Offering project grants of up to $10K.
FWB is a collective experiment for how Web3 tools can enable new ways of thinking and creating. Members should always feel empowered to propose projects, rally a squad, and make all kinds of things happen.
Now, FWB Garage™️ makes it easier for members to propose, fund, and produce a creative project that benefits the FWB community. This Season, Garage Grants will distribute up to $50K worth of $FWB to get member-led projects off the ground.
Here’s how FWB Garage™️ works:
Web3 has exploded over the past year and is now an industry unto itself. Six months ago we were in a moment of pure experimentation. Now, with all eyes on Web3, there’s a growing sense of pressure and professionalization.
In this moment, it’s important to remind ourselves why we’re all here in the first place: to freely experiment with Web3’s emergent possibilities, and to grow with each other in the process.
FWB originated as a place where people interested in crypto and culture could come together while following creative threads in whatever directions the group found exciting. As we’ve grown, so have the opportunities.
With a community as diverse as FWB’s, we’ve had no shortage of options to pursue — and we’ve been busy. Just six months ago, our community elected City Leads in Los Angeles, London, and New York to begin hosting weekly local experiences. Flagship events were programmed with world-class lineups at Art Basel, Frieze, and SXSW. A home-grown editorial platform and community-developed software flourished, as well as many other projects — all spawned by this group of over 3,000 members that now spans 43 cities across four continents.
We believe the future of product design is centered around communities and not users. The central prompt of the discipline needs to be rewritten:
How might we build a better community experience for our
The process of building interfaces and products changes radically when building for people you care deeply about. Understanding the distinction between user and friend is the first step in comprehending how and why we build at FWB.
Friends with Benefits is excited to enter our second year.
What started as a social experiment exploring shared incentives and cultural production saw us push the boundaries of what it means to be a community-owned enterprise.
We spent a lot of time together online, gathered around the world offline, created remarkable art together, built tools for ourselves, and formed real friendships — all within the confines of a Discord server.
As FWB grew, so did the needs of our community.
What if instead of founders pitching investors, investors pitched to communities?
Started just over a year ago, Friends With Benefits is a self-organized and internet native community that is collectively building the ultimate cultural membership.
Today, we’re excited to announce a $10M raise led by Andreessen Horowitz with participation from Pace Capital, Kindred Ventures, Spark Ventures, and Li Jin.
These funds purchased tokens from the FWB DAO treasury - setting precedence for how future community owned platforms can build along side venture capital support.
You’ve heard of it. You love it. But truthfully, most people have no clue how it works.
In this guide, we’ll walk you through how to add liquidity to the FWB/ETH pool, and how to earn FWB in the process.
With every Season, Friends with Benefits is challenged to reinvent itself.
Season One initiated this social experiment as we gathered around a vision, a set of values, and a vibe.
Season Two tested our resilience as we rebuilt from an unprecedented social token hack, laying down formative infrastructure and recalibrating our strategy.
Season Three saw our internet-native group chat blossom into a digital city, powered by custom products and services built and governed by the community.
As we enter the fourth official season of Friends With Benefits, one of the primary questions we've been asking ourselves is: 'How do we increase accessibility to our community?’ As any group scales and evolves, there are many elements that need to be carefully balanced — what does being a member of the community mean, what are its values, and can they be preserved over time? Those questions become even more complicated in the realm of DAOs, where financial implications are often interwoven with what it means to belong.
Many community members raised the need for clear on-ramps for creative individuals who lacked the financial resources necessary to buy tokens on the open market. A working group formed several months ago to address this, and has been working diligently to shape a new FWB Fellowships Program, utilizing a range of inputs: research and exploration of fellowships in other sectors, the lived experiences of members who have participated in fellowship programs as fine artists, and pressure-testing initial ideas against the novel realities of token incentives.
A key consideration guiding the working group was ensuring that Fellows are able to realize the full value of their access to FWB. Fellows are not merely invited into the server to participate for a set period of time; provided that any Fellow satisfies the minimum requirements for participation, they will go on to receive a token grant that ensures their continued membership for the following season (i.e. their second).
Reinforcing that our Fellows are exceptional individuals who have earned full FWB membership, whose skin in the game is functionally no different than any other community member, is the cornerstone of our Fellowships program.
Friends with Benefits is becoming the ultimate cultural membership in Web3.
Over the last three months, FWB has begun to mobilized its community into focused teams to build products and experiences for the community.
You can read more about how the community is organizing itself here.
Central to the success of this coordination is information organization, single sources of truth that the community can turn to and rally behind.
Friends with Benefits is on the path to becoming the ultimate cultural membership in Web3.
Powered by a community with a diverse set of expertise, FWB has begun to organize and incentivize its members to form structured teams and build products and experiences for the community, by the community.
You can read more about how the community is organizing itself here.
Friends with Benefits has become the web3 home for the creative class.
Bound together by shared values and shared incentives ($FWB), Friends with Benefits started as a private Discord server populated by our favorite creatives and has since evolved into a global community.
Members hold $FWB to gain access to the ultimate cultural membership consisting of ever evolving token gated internet products, global events and parties, and an active Discord home base where the community converses, coordinates, and collaborates.
With two Seasons in the books, FWB has built itself up to be a leading tokenized community where creatives traverse from Web2 to Web3 while collectively redefining what it means to be a member of an internet-native family.
During the pandemic, Friends with Benefits became an online nexus for thinkers and creators who thrive at the intersection of crypto and culture.
As we forged heartening bonds and shared in squad resilience, we patiently awaited the opportunity to reconvene face-to-face.
And now, for the first time ever, FWB is going IRL.
As we make our way to BTC Miami Week, the URL friendships formed over the last six months will transcend the Discord and take their talents to South Beach.
In a short window of time, Friends with Benefits (FWB for short) has strengthened its foothold in the growing social token community.
For those unfamiliar, Friends with Benefits is a digital community exploring the intersection of culture and crypto.