Bankless: Exploring DAOs & The Rise of Web3

In this episode

Siva Avvaru, Managing Director of yWhales Solutions, speaks with Daniel Seidler (DSide) and Ryan Anderson, Co-Founders of Bankless Consulting. They discuss the importance of building a strong community in the Web3 space. Seidler and Anderson emphasize that building a community is a marathon, not a sprint. They explain that brands must consistently put in effort to keep the community engaged and motivated. They also stress the importance of understanding that the community is for the people, not for the brand. Simply creating a community and expecting people to join is not enough.

About Daniel Seidler

Daniel Seidler was a Physical Therapist for 25 years after graduating from Columbia University in 1996. He founded and owned a 3-location practice for 16+ years before being acquired by a regional PT group. After 3 years of healthcare practice consulting, focused on telehealth, he pursued another passion of his and moved into web3. Daniel joined and contributed to a few DAOs before finding his calling at Bankless DAO. He joined the founding team at Bankless Consulting (BC) and led the project to develop the BC Governance Framework. BC opened for business in early 2022 and Daniel is the COO and a Project Sponsor for engagements with external organization.

He has led multiple projects in the first few months of operations, including the launch of several NFT collections, the development of a play-to-earn gaming ecosystem, and his team is currently working to stand up a DAO that will ultimately purchase a European soccer club. Known in web3 as DSide, he is an ambitious, compassionate, visionary leader who believes in the promise of web3 to democratize business and capitalize on the ability of crypto technology to enhance collaboration and share the rewards with the contributors and investors that comprise an engaged community.

Ryan Anderson is the chief strategist at Northern Army, a creative agency focused on helping clients build sites, mobile applications, and publications that move the needle. Ryan has a background in public relations and digital strategy. Over Ryan's career, he has worked with a number of clients on digital projects, including Microsoft, HBO, FOX, McDonald's, and Mazda. Ryan's specialties include web strategy, interactive marketing, social media, strategic communications planning, mobile strategy, and PR. You’ll learn about: How to advise businesses on Web3 Setting up legal infrastructures for Web3 The complexities and uncertainties of DAOs The importance of building and incentivizing community in Web3.


Bankless Social Links:
Bankless Website:
Bankless Discord:
Bankless Twitter:
Bankless LinkedIn:
Bankless ENS:


Guest Social Links:
DSide’s LinkedIn:
DSide’s Twitter:
Ryan’s LinkedIn:
Ryan’s Twitter:


You’ll learn about:

How to advise businesses on Web3

Setting up legal infrastructures for Web3

The complexities and uncertainties of DAOs

The importance of building and incentivizing community in Web3



00:00 Siva’s intro

01:16 Ryan’s intro

03:22 DSide’s intro

04:21 Journey into Bankless DAO

08:10 Maintaining compliance

12:42 Standing up a DAO

17:17 The appeal of DAOs

24:31 How DAOs are shifting branding

33:18 Case study

38:34 Community is not a new concept

42:50 Current projects

48:20 The AI shift

50:45 How will Web3 evolve

56:53 How to engage Bankless Consulting

1:09:21 Contact


Other places to listen: Apple Podcasts | Google Podcasts | Spotify | Pocket CastsPodbean


DISCLAIMER: yWhales is not affiliated with YPO. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.

Related Podcasts

In this episode of yWeb3 Navigating Frontier Tech, host Jay Steinback joins forces with two influential figures in the crypto and blockchain sphere. Khori Whittaker, Executive Director of True Names Ltd. (Ethereum Name Service), and Einaras von Gravrock, Founder of CUBE3.AI. Jay, Khori, and Einaras discuss the importance of identity and security in the crypto space, the recent approval of Bitcoin ETFs, and the growing threat of AI-generated deep fakes. Khori emphasizes the need for education and proactive security measures, while Einaras highlights the challenges of combating AI fraud and the importance of trust in the digital world. They also discuss the integration of traditional domains with blockchain capabilities, facilitated by ENS Labs' collaboration with GoDaddy. This innovative move aims to bridge the technological divide between the dynamic realms of Web2 and Web3—propelling the industry toward a frictionless future.
Navigating Frontier Tech - Episode 19 | AI-Generated Deep-Fakes
From the critical security considerations surrounding blockchain to the recent Ledger exploit, which poses a significant threat to decentralized finance, we dissect the intricacies of safeguarding users in this ever-evolving environment. Our exploration extends to IBM's groundbreaking cold storage technology for crypto assets, addressing ongoing debates regarding the environmental impact of cryptocurrency compared to traditional cash. As we unravel the multifaceted challenges of global cybersecurity threats and the evolving regulatory landscape, we shine a spotlight on the targeted actions of Chinese hackers on US infrastructure. Additionally, we delve into the growing support for Senator Elizabeth Warren's AML bill and scrutinize Robinhood's strategic foray into the EU crypto market, signaling a commitment to regulatory clarity. Join us on this insightful journey as we provide valuable perspectives on the forces shaping the Web3 landscape.
Navigating Frontier Tech - Episode 16 | Ledger’s Exploit
Insights on Vitalik Buterin & GenAI and The State of Crypto In this episode of yWeb3: Navigating Frontier Tech, we invite you to embark on an insightful exploration of the latest and most impactful developments within the Web3 sphere. Hosted by Jay Steinback, CEO & Founder of yWhales, this episode features two distinguished guests: Liat Aaronson, Co-Founder & Managing Director of Horizen Labs Ventures, and Faryar Ghazanfari, Co-founder and CEO of Multiverse - IIR (Clipo Labs). Together, they navigate through the dynamic landscape of Web3, unraveling key trends, discussing ethical considerations, and shedding light on groundbreaking advancements that are shaping the future of technology and business.
Navigating Frontier Tech - Episode 15 | Vitalik Buterin & GenAI | The State of Crypto
yWeb3: Navigating Frontier Tech | Poloniex Hack | HSBC Taps Ripple’s Metaco For Custody We will cover hot topics like the Poloniex hack and the interesting partnership between HSBC and Ripple's Metaco for their security token custody solutions. Join us as we explore NFT trends, analyze the intersection of traditional finance and blockchain, and delve into the intricacies of self-custody versus institutional custody. Stay tuned for an in-depth discussion on Argentina's rising inflation and the recent security token custody development with HSBC and Ripple's Metaco
Navigating Frontier Tech - Episode 14 | Poloniex Hack | HSBC Taps Ripple’s Metaco For Custody

Subscribe to yNews

Take the Web3 plunge and swim with yWhales