Art Tribes are about enabling the creative process for individuals or groups who do not have immediate access to capital. Artists thrive when they are connected to their audience and can focus on their craft. Kickstarter has shown that crowdsourcing is becoming a more common medium for funding projects. In 2015 “10 percent of the films that premiered at the most recent Sundance Film Festival were KickStarter-funded projects.”. Art tribes can organize efforts such as art walks, the creation of murals, paintings, sculptures or simply exist to encourage artistic ventures.
Energy Tribes revolve around groups of individuals coming together to create meaningful impact in relation to their energy consumption and creation. For example, a community could fund a new solar panel array which can be collectively owned by the community. Native can provide alternative funding solutions for local communities to acquire and utilize more sustainable methods of energy consumption. They can also be used to have people to determine what the acceptable energy usage levels are for each member.
Syndication Tribes are already common across many different sectors. People come together to allocate a common pool of funds towards a common goal. Ronald Coase, in Theory of the Firm, discusses how a firm allows for more coordinated production as its resources are pooled. A Tribe is a firm. These tribes can streamline investment processes, and provide a governance structure to ensure democratic value distribution. They can target specific Contributors and enable access to a target market. One of the most exciting things about crypto is that anything can be tokenized, which leads to a much wider range of possibilities for Tribes in the Syndication category.