November 11, 2022

Collaboration: The Biggest Upcoming Shift In NFTs

Corporations have had partnerships, mergers, and similar affiliations with like-minded parties for generations. Collaboration, however, is a term often misunderstood by many, frequently used without a real basis, and therefore is not necessarily seen in partnerships or mergers.

The idea of collaboration does not have to be of corporate roots — collaboration is about people working on something together, and the people involved can be colleagues, friends, relatives, or simply goal-compatible individuals.

Partnerships, on the other hand, are about conducting trade and doing business. Why are we trying to define collaboration and differentiate it from concepts like partnerships?

As the digital world is approaching mainstream use of decentralised blockchain technologies, people’s shared goals are becoming more visible by the day as both an audience and a project of sorts can work together with the same goals and mutual benefits.

Building Decentralised Worlds Together

In the space of cryptocurrencies, the term collaboration still does not ring a bell on many occasions, although the world of NFTs and DAOs is swarming with ambitious enthusiasts tackling the same issues and achieving difficult challenges together.

The metaverse is another space that has been waiting to become mainstream — the attempts of achieving this emerged with games like Sims, Minecraft, and World of Warcraft; the first virtual reality headsets were first released in the 1990s by some prominent game developers of that time, but even years ago when players like Oculus made them fancy and efficient, the experience was simply not that immersive for people to keep using it.

When Collaboration Is Non-Existent…

Today, seeing phenomena like Meta, formerly Facebook, aim to put a nearly 50% commission on NFTs sold on the platform, the space seems not as exciting as everyone thought it would be. Originally centralized companies like Meta that decided to enter the blockchain, have received some seemingly negative views from both media and their own users.

One of the main reasons for this is likely lack of collaborative effort — many corporations simply don’t listen or engage in active conversations with their users, and such practices, or lack thereof, often result in unsatisfaction for both parties.

Another great example is that of Valve and its main marketplace Steam starting their Web3 activities but then banning blockchain games and NFTs because of traditional views and lack of risk-taking for the benefit of their users.

Web3 Makes Collaboration Thrive

Fortunately, the situation is largely better in small projects dedicated to achieving freedom, independence, and trust, forward with the help of blockchain technology.

Funnily enough, smaller projects have their bespoke, active, and enthusiastic communities on platforms like Discord filled with people ready to assist the projects with their opinions, advice, and participation for some mutual benefit.

Despite these projects not being in the sight of the public all of the time, most innovation in NFTs, DAOs, and the entire ecosystem of Web3 is taking place in the very aforementioned Discord servers through nothing else than active collaboration between participants and project leaders.

In addition, DAOs are new forms of governance that could never function without the concept of collaboration — anyone is able to join one and get involved in decentralised on-chain voting, and share resources with the DAO for the greater good.

Collaboration has been sleeping on traditional business models and practices, but it is now awake in the realm of NFTs and decentralised ecosystems other digital assets live in. To go deeper into collaboration in the NFT space specifically, why not acknowledge the creation of unique and verifiable digital items themselves?

Usually, NFTs are created by Web3 projects using some form of framework, program, or replicative design to produce a collection.

Although this is a standard industry practice today, NFT projects are starting to allow and encourage their users to help produce and launch the digital items — in the sea of NFTs, one can discover even simplistic memes, extraordinary cyberpunk-inspired digital paintings, cross-platform 3D objects with specific use cases, and so much more — all created with the help of dedicated enthusiasts involved in the underlying project who also happen to receive rewards, distributed royalties, and other gifts of appreciation.

Such phenomena show the entire traditional generation of corporations how operations can run with ease without concealing their product designs and rather sharing work in a collaborative fashion with customers.

Moving Forward Together

There has never been a time when anyone having either skill or determination can hop into an ecosystem without any CVs, resumes, or recommendation letters, and earn for their value addition handsomely in an independent fashion.

Many emerging NFT projects have leaders who are dedicated to the well-being of both their teams and their ecosystem participants which helps rebuild economies, hopes, dreams, and values of people from across the world.

The small beginnings of the internet and ways of communication like IRC chat, gave people ambitious enough to access them, new powers. Powers of connection never seen before that enable value creation.

Today we stand not with IRC at our fingertips but Discord, a user-friendly platform welcoming anyone remotely interested in the greater good of both digital and physical worlds, to collect and build together with like-minded achievers.

Collaboration at its finest lives on a blockchain, and if big nosy and controlling traditional corporations think the other way around, it’s their future problem, not ours. Collaborate and win — NFT ecosystems have been set up for winners willing to work with others to produce a new generation of culture everyone can appreciate and participate in.

To find places where the presence and activities of enthusiasts are always welcome and where collaboration is enabled, make sure to check out projects like SparkWorld* that, unlike others, never leave a single participant behind.