Rug Radio: Year 1

Let's look back at some highlights and accomplishments in 2022 and what's next for 2023.

Rug Radio Happy New Year Banner

gm! As we wrap up a busy year for Rug Radio and the web3 space as a whole, we thought we would recap some of our highlights and accomplishments this past year.

 

Highlights

Rug Radio voted "Best in Media" at NFT Now 100

Hosted several IRL events worldwide

  • March: We hosted an event with a curated selection of speakers during SXSW in Austin

  • June: We hosted an event during NFT NYC & artist gallery that also lives on our website

  • October: Farokh and Mike spoke at Camp Decrypt in October

  • November & December: Art Basel where we announced our PFP drop in collaboration with Cory Van Lew

  • December: Farokh, Mando, & OSF were at Ledg3r Open in Paris

That time Snoop asked Farokh about Rug Radio

 

Accomplishments

RugDAO

  • February - April: Launched the RugDAO, Learn-2-Earn, as well as $RUG and $RDAO tokens

  • April: Announced the 33 member community-elected DAO Council

  • July: The community voted to approve the 7 governance frameworks

  • September: The 6 month budget proposal was approved

  • November: The RugDAO Operational Council proposal passed

  • December: Voting framework amendment passed to reduce quorum limits and allow the DAO to pass proposals more efficiently

Content

By the Numbers

Graphic showing the # of Rug Radio holders. Membership pass holders is 13,225, Genesis NFT holders is 8,496, $RUG holders is 5,909, and $RDAO holders is 1,150

Secondary Volumes (OpenSea)

  • Membership Passes: 3,028 ETH

  • Genesis NFTs: 12,354 ETH

 

What's Next?

We've got a lot planned, but here are some of our primary focus points...

  • Rug Radio x CVL PFP launch in early 2023

  • Launching the Rug Store that allows for anyone to purchase items with $RUG

  • Elevating and onboarding more creators

  • Building out our brand and content in audio, written, and video formats

  • Generating multiple recurring revenue streams for the DAO

Whether you've been here since the original idea of Rug Radio in September of 2021, or just joined us yesterday, we truly appreciate all of your support and are only going to continue building in 2023...LFG🫑