Clubs Newsletter - August

Hi Clubbers! This month's newsletter will be special. We want everyone in the Clubs’ community to be on the same wagon or moon rocket, as everything is going ultra fast these weeks. Hence, put on your seatbelts and enjoy the lightspeed!

August’s progress in a nutshell

Two main events mark August:

• Aggre’s conference during ETH Tokyo 2024. But wait, before you start, think Aggre edited the community newsletter before sending it out; you must know that Aggre’s conference title, “True, real-life token-enabled projects: Mechanisms and Impacts,” unveils the roadmap and next steps of Clubs. Go Real with Clubs is more a strategy rather than a catchy phrase!

• Stake.social (SS) migration to Clubs. For the people that do not know. SS will not be maintained anymore, so existing creators are advised to set up a Club to enjoy the same functionalities of SS and an arsenal of new features.

If you like the executive version of the news, keep reading. We will synthesize each milestone.

Key takeaways from the “Go Real with Clubs” presentation

• With 97% of the global population not using blockchain, the Total Addressable Market (TAM) is huge. The real challenge is to make that 3% grow. That is why we focus on DAO, functionalities, and no-code technologies. Clubs is the product of this focus.

• Clubs is built on the DEV Protocol, a revenue engine that enables monetization through tokenization of the creator’s asset and staking the DEV token. The comprehensive ecosystem of Clubs allows creators to expand their fan base fully. Each time a fan purchases a membership, the Club’s revenue channel increases, and a portion, determined by the creator, is converted into DEV staking. A real win-win relationship.

• The short-term target is to focus on gaming. With most features related to increased monetization, revenue split, and vertical collaboration, Clubs can tackle many drawbacks in this industry, having on top of the benefits of open-source code for plugin integrations and UI selection.

• The long-term focus is on gaining the trust of top anime, game, and manga creators in Japan by converting their amazing work into real-world, successful businesses.

Why should I care about the SS migration?

• The short answer is simple: It is for your own benefit! The DEV Protocol team has always focused on transforming the global creator economy. SS was an early version of how to do it. However, as the world has changed, so have our products. That is why Clubs is the next logical step, with its features focused on assisting creators.

• If you are a creator with an existing asset on SS, we have covered you. Depending on which network you were in at the moment of tokenization, the step-by-step guide will illustrate everything to make your transition as smooth as possible.

• If some believe the DEV token ends due to the SS closure, that’s a mere superstition. As explained, Clubs use the DEV Protocol infrastructure to run their monetization operations. By running a simulation, each Club with at least 10 members equals almost a dozen projects at SS in terms of staked DEV tokens.

• Please note that SS will no longer be maintained. Transition to Clubs as soon as possible to be part of the transformation of the global creator economy! We suggest all SS users migrate to Clubs ASAP.

Stay tuned for more updates and featured content in the Clubs community!

The DEV Protocol team