In this episode, Droste hosts a discussion with Trewkat (Miss Katrina) and Adam Miller (The Thriller) about Black Flag DAO's new membership structure and legal entity formation. The conversation, originally recorded as a Twitter Space on February 18th, covers the transition from BanklessDAO, new membership tiers, staking requirements, and upcoming events. Key topics include the special membership opportunity for former BanklessDAO members (ending March 2nd, 2025), the formation of a Marshall Islands DAO LLC, and an upcoming social gathering with Chippi fam at EthDenver!

Important Dates

- Deadline for Discounted Staking: March 2nd, 2025

- ChippiCon and BlackFlag Social at EthDenver: February 26th, 2025

Timestamps

[00:00] Show Introduction and Time-Sensitive Updates

- March 2, 2025 discounted staking deadline for existing Level 1 BanklessDAO members

[02:00] X Space intro banter and historical context with TheThriller (Adam Miller)

[06:15] Background on Transition from BanklessDAO with Trewkat (Miss Katrina)

[08:30] Staking Discount, Deadline and Rationale for returning members vs new members

[11:00] New Member Criteria and Structure Details announced in January

- Flag Curious: Entry Level Access (free)

- Flag Raiser: 500 USDC Stake + Social Consensus

- Flag Bearer: Advanced Membership Requirements + Voting Rights

[16:30] Transition mechanism through March 2 for existing L1 members

[20:00] Staking Mechanism and Pool Details

[22:30] Historical Context and Governance

[24:00] Related Community Projects and Updates

[27:00] BCard x ChippiCon

[28:30] Black Flag Initiative

[30:00] Chippi children's book on Amazon, more Chippi talk

[34:00] Legal Entity Formation with MiDAO

[39:00] Community Impact and Evolution

[41:00] Closing chatter

[42:00] Note on How to DAO book by Kevin Owocki & Puncar

[43:00] Wrap up

Links and Resources

https://x.com/BlackFlagDAO

https://warpcast.com/~/channel/blackflag

https://blackflagdao.notion.site/

https://www.chippicon.com/#

https://linktr.ee/chippinft

https://getbcard.io

https://app.banklessacademy.com/newsletter

https://warpcast.com/banklessacademy

Presentation

https://docs.google.com/presentation/d/1-2Dio4GaPW2vF8FNBFHXrS0cdOtmGk0Fy2fbu3GvKO4/edit?usp=sharing

Announcements

https://banklessdao.substack.com/p/bfd-bulletin-1

https://paragraph.xyz/@bfbulletin/black-flag-bulletin-2

Making Bank is produced independently on behalf of BlackFlag DAO