"The next killer app is a killer ecosystem"
Joe Lubin
At Passage, we believe that community is the primary driver of value in all things crypto. Community, however, is a very low resolution concept. As humans, we all instinctively get it, but community is still esoteric and subjective - even changing meaning from member to member.
We propose that a membership provides the framework for a community to be clearly defined. Memberships give precision and structure to complement an inherent sense of belonging — like all good frameworks, a good membership program is a language members use to describe the community they are a part of.
Web3 memberships are best if:
- built on smart contracts (instead of just social ones),
- game-designed to incite desired behaviors (instead of hype alone),
- multi-dimensional in value growth & business models (instead of just HODL).
If crypto depends on community, and memberships are the backbone of communities, then crypto depends on memberships.
Said another way, in order for Web3 to achieve long-term sustained growth, we need quality long lasting communities - and thereby, robust and well-built memberships.
Enter Passage Protocol
A thriving web3 ecology is a function of amazing infrastructure and a well-incentivized community. That's why we are building Passage. Our vision is to become the OS for crypto memberships by building web3's premier membership protocol.
By injecting ourselves into the core fabric of ecosystem value, we plan to become one of the most important players in web3 history: the engine behind the engine of a killer ecosystem. To achieve our vision, for us and for all, we abide by these core values:
- 🥇 First Principles. It's always too early to be constrained by how it's been done or by existing tools and standards. There are no experts today - only pioneers. By using first principles in how we think through problems and operating frameworks, we can look past the shiny objects we have become so familiar with in crypto. With skeptical optimism, we will build fundamentally sound, innovative, and future-proof systems of value for both the projects we serve and their members.
- 🗝️ Access x Access. Memberships by definition are all about access - as such, we also believe in making web3 accessible for everyone. This means making the doors as wide as possible and ensuring there are crypto communities for everyone. The more people that come to crypto, the more need for more community, and the more need for Passage. We will invest in projects that rise the tides for all ships:
- flexible, user-friendly core offerings
- the acquisition & retention of the next 1 bn web3 users
- content that builds awareness greater and onboarding easier to crypto
- 🎼 Composability. We are unafraid to set new standards, reach across industries & communities, and build for all ecosystems. By managing to high degrees of composability, we vastly increase the surface area of impact and shared outcomes. The more the ecosystem grows and benefits from what we build, the more we grow and benefit from the ecosystem.
We hope you become a member of our community and build your memberships with Passage.
Passengers, all aboard!