Our First Full Year In Business - Recap

 

Originally Part Of The NOMAD NATION Newsletter

2021 was a busy year for us! 

2022 will be much busier.

1. Started The NOMAD NATION Community

The NOMAD NATION Discord & Founding Members

In early 2021, some of our team took a trip to Mexico to work remotely for a few weeks and visit various co-living & co-working spaces in nomad hubs. 

What we found was somewhat surprising: amazing co-living spaces for digital nomads we had never heard of… and they were relatively empty. 

We took this as a sign of caution - marketing our spaces was going to be just as important as making incredible spaces. 

Thus the NOMAD NATION was born, as a concept - which would allow us to better connect with and learn from our target market prior to development. Eventually, our members will help fill our first physical spaces - and we’ll make it well worth it for those who joined early. 

We took the year of 2021 to test out various concepts and offerings for our members (detailed below). 

2. Built An App

The NOMAD NATION Custom-Built App

From the beginning, our entire vision has depended on utilizing both software & smart tech to enhance the real-world experience of our members. 

If we are going to build a world-wide subscription network of remote-work-friendly spaces, we need to use the Internet as a platform to do more than just facilitate daily interaction with our spaces - but to assist in connecting our members and in developing a more permanent sense of community, connectivity, and belonging. 

Building and prototyping a custom app to enhance our members’ experience was a necessary step, and we still strongly feel it will remain a pivotal part of our business model.

3. The NOMAD Circuit

In order to offer more value to our community, we came up with and tested out the NOMAD Circuit. This program, of all of our experiments, received the most praise from our members - so we’ll be focused on hosting bigger and better events in 2022!

The Concept:

NOMAD hosts quarterly meetups somewhere interesting around the world, and offers FREE accommodation & bonus activities to all Premium Members of the NOMAD NATION. 

This Year’s Locations:

Raleigh, NC - We kicked off the concept at Drive Shack

Capitol Reef, Utah, USA - We rented a Luxury Desert Cabin

Playa del Carmen, Mexico - We rented a Penthouse with Ocean Views

Medellin, Colombia - We rented both a Luxury Airbnb & Co-Living Access

Lisbon, Portugal - We rented both a Luxury Airbnb & Co-Living Access

We spent more than $1,000/person on our most active members! 

4. “Digital Nomads” - The NFT Series

We’ve said it before and we’ll say it again - the Digital Nomad Community IS the Crypto Community. Not getting involved in Web3 is not an option. 

One of the other well-received perks that we tested out was an NFT series titled “Digital Nomads” - a series of pixelated NFT art pieces, customized to each of our members personalities. We custom-designed every one of our Digital Nomad NFTs for our Premium Members on a custom-contract on Ethereum Mainnet. 

Eventually, this project will open the door for us to shift to a token-gated community, where members will be able to use their personalized NFTs for a multitude of fun and useful features within our physical spaces. 

5. Plans & Permits 

Sneak-Peak Rendering Of Our First Dwelling Unit

This year, we were awarded a building variance (we had to hire attorneys & the whole shebang) with a 4-1 vote to build on a lot we purchased for our prototype unit. This unit will be the basis - our standard unit - for our members to live in across the country in our co-living villages. We are expecting final building permits any day now for this model.

We received permits to drill a well, install a septic system, and build above a floodplain (we specifically designed the foundation on our first unit to do so).

Our Site Plan - One of the many documents we submitted for approval to build our first prototype dwelling unit!

6. Started Planning For Our First Co-Living Village

Last but not least - we are tentatively scheduled to close in this month on another property in Raleigh to build our first co-living village. 

We are doing this alongside our first outside fundraising round.

Details to be announced soon!

 
Polymath