Web3 continues to be one of the fastest growing sectors, with cryptocurrency and blockchain organizations expanding their footprint and exploring integrations to sectors both inside and outside of tech. Since these organizations operate through a unique combination of technological innovation and human collaboration, they can benefit greatly from implementing effective meeting facilitation.
Essential Role of Meeting Facilitation in Blockchain
Web3 organizations are not immune to the stereotypical unproductive meeting that plagues the corporate landscape. Through proper meeting facilitation, meeting culture can be changed for the better, which allows the organization and its individual participants to develop sustainable habits and best practices for optimal efficiency and beneficial collaboration.
Benefits of successful meeting facilitation for blockchain and Web3 companies can include:
- Better Decision-Making: Facilitators can help networks identify and overcome obstacles to shape the best possible decision-making process.
- Improved Transparency: Facilitation can help make communication clearer, allowing community members to better understand what’s happening across the organization.
- Increased Engagement: Blockchain networks are reliant on community participation, and great facilitation can improve that participation and build lasting engagement.
Blockchain and cryptocurrency are driving forces for innovation in the tech world and beyond. Web3 organizations deserve the efficient outcomes that proper meeting facilitation delivers, and trained facilitators are able to help these groups maximize efficiency when it comes to the collaboration of their stakeholders and network participants.
Facilitation for Global Collaboration
There is an inherently global makeup to Web3 organizations, as many blockchain networks and cryptocurrency providers have participants and stakeholders scattered around the world. Since Web3 is not constrained by geographical bounds, its global talent pool can participate in virtual and hybrid meetings which require dedicated facilitation for global collaboration and diverse perspectives.
Facilitators are experts at designing processes that allow for maximum collaboration between different perspectives, and, above all, they are able to nimbly adapt to the needs of a given goal, event, or group of participants. Voltage Control Certified Facilitator Caterina Rodriguez explained, “If you have intentional design and purposeful structure, you can make [meaningful] conversations happen at a global scale.”
Rodriguez was one member of the global team of facilitators who partnered with blockchain network Cardano for their governance development project, which led to the approval of their constitution and their eventual transition to fully decentralized governance.
Case Study: Cardano Constitutional Convention
Cardano solidified itself as a leader in Web3 when the blockchain network drafted, revised, and certified an on-chain governance document that reflects their decentralized structure. The process required the input of stakeholders and network members who were stationed around the globe, so Cardano partnered with Voltage Control to ensure successful facilitation.
In the months leading up to the Cardano Constitutional Convention, facilitators led Community Workshops in dozens of countries around the world, with participants reviewing and revising sections of the governance document draft. While some workshops were facilitated remotely, facilitators frequently traveled to conduct these day-long sessions in person, ensuring an optimal meeting environment.
Facilitators worked closely with workshops hosts from each location to plan an in-person, hybrid, or remote event. They balanced unique cultural considerations, including language barriers and local requirements, while keeping the participants focused on the topics at hand and working toward a common goal.
After dozens of Community Workshops and Delegate Synthesis Workshops, the community gathered for the keystone event at the Cardano Constitutional Convention on December 4 to December 6, 2024. The event was run simultaneously at two locations connected by video link, Nairobi, Kenya, and Buenos Aires, Argentina, with additional remote participants joining from around the world.
“The live Argentina-Kenya link was a milestone in global gatherings. I have personally never seen something like that happen where both locations were live and participating,” explained Certified Facilitator Reshma Khan. Attendees were enthusiastic participants, embracing the opportunity to connect and collaborate with one another for this important event.
The three-day event relied heavily on the skills of the facilitators to keep the final revision and drafting process for the constitution on track, with over 400 participants contributing to the final document. Ultimately, the participants produced a constitution that would later be ratified on-chain with 85% approval, and Cardano became the first blockchain network to have created decentralized on-chain governance.
Read the whole case study of Cardano here.
Meeting Facilitation for Web3, Blockchain, and Crypto Companies
Web3, blockchain, and cryptocurrency organizations can reap the benefits of successful meeting facilitation, including increased transparency, higher engagement, and improved decision-making. Facilitation can provide the key to optimal process design and network structure, as evidenced by the successful facilitation of Cardano’s constitutional creation process.
Voltage Control has partnered with countless top tech organizations to deliver tailored Facilitation Training Programs at the organizational level. Today, leaders in Web3 are joining that list, leveraging the program’s impact of sustainable facilitation practices and transformative change. Web3 organizations that partner with Voltage Control for facilitation certification can count on being at the forefront of the latest in facilitation techniques, best practices, and methodologies.
On an individual level, professionals from blockchain, cryptocurrency, and decentralized finance (DeFi) organizations are also increasingly joining the personal Facilitation Certification program from Voltage Control, with recent cohort members including CEOs, product managers, consultants, team leads, and beyond.
To learn more about how Voltage Control can partner with your team, contact us today.