Former Presidential Candidate Andrew Yang Launches DAO to Advocate for Web 3

Lobby3 will “prioritize and propose new policy, and aggregate new ideas that need to be top of mind for our leaders.”

Feb 17, 2022 at 4:19 p.m. UTC
Updated Feb 17, 2022 at 10:13 p.m. UTC

Brandy covers crypto-related venture capital deals for CoinDesk.

Cryptocurrency proponent and former U.S. presidential candidate Andrew Yang has launched Lobby3, a decentralized autonomous organization (DAO) to advocate for Web 3 policies in Washington, D.C.

  • The community will “prioritize and propose new policy, and aggregate new ideas that need to be top of mind for our leaders.”
  • “There’s a clear need for the Web 3 community to have a voice making the case on Capitol Hill for the positive potential of these technologies. Lobby3 will fill this need. Let’s work together to build the future,” Yang tweeted.
  • Membership to Lobby3 is achieved via the purchase of general membership tokens, which are available in three tiers ranging in price from 0.07 ETH (about $210 at current prices) to 40 ETH ($1,200). Level 1 offers basic access to the community, while the third, invite-only level offers one-on-one access to Yang and the Lobby3 team.
  • Participation in the DAO includes “community votes, roundtable discussions with policy leaders and exclusive events” geared toward “building a new community for the Web 3 ecosystem,” according to the Lobby3 website.

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Brandy covers crypto-related venture capital deals for CoinDesk.

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Brandy covers crypto-related venture capital deals for CoinDesk.

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