Long-time friends and collaborators, Irfon Watkins, DOVU, TAPMYDATA, Partner at Outlier Ventures, and Ian Matthews, drummer in KASABIAN wanted to combine their experience and remodel the live entertainment business model through a community-owned, not for profit, DAO. After buying a near-220-year-old Chapel in Irfon’s home village of Llanwrtyd Wells, they started thinking about what a music venue and its community would look like in the future. How can a physical space and metaverse space complement each other? How might they harness Web3 innovations such as DeFi and NFTs to keep rewarding all gig participants long after the gig finishes? This is ChapelDAO.chapel.earth
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