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30 min updates continue
Recorded: Nov. 1, 2023 Duration: 0:32:18Space Recording
Full Transcription
We'll be right back.
We'll be right back.
Well, that was a nightmare.
Yeah, well, these things happen.
So CCDepts was right saying you had a phone call and there everything went haywire, I guess.
So, yeah, it's why it's terrible for me to host with my other business.
I probably get 60 to 70 phone calls a day.
So it'll be nice one day that when we can have a format and a platform where phone calls don't completely ruin events like this.
Joey, the secret is if you're hosting a Twitter space, put your phone on airplane mode.
Yes, that's actually how I do it.
I have it wired and it's on airplane mode as well.
But the thing is, usually I do host the space.
But as we all know, my phone quit.
I got it clean.
Now, there was something stuck on the bottom and I had the wrong cable device.
I had a bugging one.
It doesn't matter.
It works now.
I saw that app wanted to say something.
I was just saying you could also do it on Discord, especially, you know, in the bear when there's not a ton of people.
Like, I think it's a limit of 100.
True.
That might be a good idea to try out once as well.
Well, let's see.
A lot of people already joined back in.
I'm recording this one as well so people can listen back to it.
So, Joey, we're just getting to the most exciting part of the show.
So, do you still remember the question I gave you?
Yes.
Did you hear anything?
Because the call probably came in exactly right.
We heard nothing.
We heard nothing.
Okay.
I probably talked for a good 45 seconds before I realized that nobody could hear me.
Okay.
So, let's talk about Steam, the delay, the plan.
And what I was saying or starting to say is that Tudor alluded to a lot of it with what happened with the market for investors, for games.
And with such an expensive game like this, we want to make sure that we have the right amount of money coming in through the different investment rounds.
And we want to take our time doing it and making sure that the project's supported.
We've done a good job at raising funds so far, and we'll talk a little bit about that later.
But, you know, we need a lot more.
And we don't want to just willy-nilly launch a token so that we can say our token's out there.
We want to take the steps to do it right, get the right investments.
So, that's what we're going to do.
I don't think it's terribly far away.
I think some good things are happening, and I think that some good funding is in line to get us to where we need to be so that we can do a proper token launch.
And Head Starter can present an IDEO that's going to help us and help the community in the long run.
The steam is coming.
It'll be there.
I know you said something about water, too.
So, water is a little bit of a different animal.
It's something that we're going to build out.
It's not as easy as minting a water token and then putting a fixed price to it and giving it as a reward.
It's something that's not going to be on the Hedera token service.
It's something that we're going to provide just as any Web2 game currently provides their token or coin to their in-game economy.
So, it will be all internal, and you'll be able to collect it and use it.
But Yorho had a family issue.
He was out for a little bit, but he's back and working hard.
But it's something that he and the rest of us are going to have to build and build from scratch.
So, Yorho will be something that can be earned.
It'll be part of the add-on games.
It'll be part of the big game.
But the primary focus right now is getting the steam ready and getting geared up for that.
I'll take it.
Go ahead.
I'm sure that Ab's question ties in with what I'm going to ask.
If not, then we'll hear it anyway.
So, do we have a date, Joey?
When can we expect something to drop in our wallets for the NFTs that we have?
When does the six-month drip clock start?
And what do we get?
Well, we can help you with that December 1st.
That's a big thing coming.
What we've decided to do, everybody wants to start getting a drip.
And I know people don't want to wait for those NFTs to start collecting rewards until we launch the token.
So, for all of those steam drips that you're expecting for the NFTs that are going to be qualifiers for that,
we're going to start that on December 1st.
How it's going to work is like this.
We will have a drip claim page on earthlinks.land.
You will go in, you will connect your wallet, and you will, every 24 hours, be able to claim a drip.
We're going to start it on December 1st.
We're not going to launch steam on December 1st.
So, what we've done in the meantime is we are going to create a placeholder token that will go right into your wallet
when you claim your drip, and the day that steam is launched, those placeholder tokens will be converted directly to steam.
So, how your hoe is building it out, you'll log in, you'll connect your wallet, you'll claim your steam.
But before you claim, it'll make sure that you've associated the placeholder token as well as the steam token.
Most people have already associated the steam token, but it's going to double-check and verify that.
That drip will continue down the six-month road until the date of the steam launch.
So, if it's 40 days or 80 days or 100 days, it'll keep it in line.
Once the steam token launches, that site will directly flip to a steam drip, so you won't have to convert anything.
And the conversion, it's not a swap in, it's not a trade out.
It'll be automatic to your wallet when steam launches.
So, there's some peace of mind in that.
Okay, go ahead.
Yes, you said good funding lined up.
Have you guys received any kind of pre-sale VC funding rounds other than the $90,000 you got from FounderCard holders?
So, just the money we're using to build and the FounderCard money is what we have.
So, the next – we've had some conversations with VCs, but we haven't taken any funding.
The big funding talks will start next Tuesday, as Tudor talked about, and then we'll move from there.
We have some other meetings outside of that lined up, but the most direct is with Ed Starter on next Tuesday.
Great.
And my second question is, when does the vesting for the FounderCard holders begin?
Does that happen on December 1st as well?
No, that'll just be for the NFTs, the LANs, and the other NFTs.
As of right now, the Founder's Card vesting will start on token launch.
It's so much of a bigger chunk, and we don't have a date for the token launch, and we don't want to throw another one out because we had mentioned October before.
But I don't think it'll be terribly long away where there's going to be a huge gap.
If we see that there's going to be a larger-than-expected gap, we'll probably do something to appease that stretch and that wait.
But for the time being, it is on the token launch.
Thanks.
And I would just say, I feel like we have been waiting, so I would push back on that a lot.
But I'll be nice here publicly.
I didn't expect anything else from you, so I'm still happy to have you here.
But indeed, you are right, because these questions should be asked and addressed to us as well.
But what we do is we take a lot of advice from HeadStarter as well.
They know very well what they are doing, and we follow their guidance in this as well.
We think it's very important to first do talks with VCs.
And, yeah, sometimes if these things get pushed back a little longer, all these things tie in together.
But we are still, of course, a business, and we need to follow certain paths towards also funding.
So, I don't know, Tudor, do you have anything that you want to say about that as well?
Sorry to put you on the spot.
Yeah, no problem, no problem.
I mean, I'm here for that, right?
So, I would say that what is important for Earthlings is to make sure that they secure the right funding
in order for them to be able to achieve the broader scope of their roadmap
until the project becomes self-sustainable.
And in order to do that, I think that it's important for them to have the runway to be able to achieve that.
So, at some point, it can become like a chicken and the egg type problem.
But it's generally a better decision to postpone some of the more liquidity-involved events
when it comes to Web3 projects at this stage.
And we do see a lot more appetite from early investors,
and we will definitely be seeing this trend continue to grow and evolve over the next year or so.
But for the time being, what I would say is that the metrics that Earthlings is putting out
and the fact that they are market leaders and the growth that they are able to display
when it comes to their NFT, their community, and all the achievements that they have had over the past,
what is it, year and a half now, two years, have been remarkable
and definitely display the right, they check the right boxes when it comes to investor due diligence.
So, I'm very optimistic for the immediate future for the project.
And moreover, there's been a lot of interest when it comes to Earthlings,
not only from investors, but also from partners that are from the broader Web3 space.
So, yeah, overall, everything is positive.
And, yeah, the team needs to continue on the same path that they've gotten us used to.
And definitely, I think it's great the fact that over the last month, year,
and through the different events that Patrick and the team have had,
they've always maintained a great focus on the community.
And I always say that whenever you are building in the Web3 space,
especially with a community such closely knit as Earthlings has,
you're kind of like, your operations are a white box,
contrary to normal Web2 businesses, so to say.
So, it is a challenge in itself.
And whenever we have strategy calls and meetings,
it's always something that Earthlings continuously takes into account
and wants to make sure that those things are well captured.
And it's the feedback of the community, the desire of the community,
the desire of the holders.
And one of the things and the lengths to which they go through is,
I would say, can be visible through the hash bash NFTs.
The 100 NFT holders that hold the Earthlings hash bash NFTs
have been catered for the most,
and they will continue to be catered for
through the different initiatives that Patrick and the team have planned out.
So, I guess this could be a good segue for Patrick to tell us a bit more
about what's up for the hash bash collection.
I had that saved for Joey,
but first I would like to have Ab to raise his question.
Ab, take it away.
Oh, thanks.
So, you know, founder cards were minted 15 months ago.
And I would just like to say, you know,
we had another discussion last February about having it at least a year
since they got minted that we would get the token drop.
So, they originally, when they were sold,
had the token being minted in quarter three of last year.
So, last September, over a year ago.
Then it got changed to quarter four of last year, December.
And then it was going to be,
and then in the spring,
and then in the spring we had the talk,
and then it was going to be through October.
And then now it's, we have no date.
It's just probably sometime in the next seven months,
within seven months.
So, I would just say that the VC funding that you're seeking,
that will help the project grow,
and we all want the project to grow,
you would not hold a VC person that's given their money 15 months.
And so, I would just hope that you would treat
the founder car holders in the same light
that you'll treat the venture people
that you won't do this to,
that I was going to give you money in a few months.
And so, I would just appreciate
that you treat us the same way.
I understand your point,
and you're very right in speaking your mind on that, of course.
I think there are different perspectives on how to view this.
So, I agree and I disagree on some points,
but I respect very much that you say this,
because I do feel the sentiment, of course,
and I understand where it's coming from.
And on the hash bash,
Joey, we had something on the agenda for that as well.
What can you tell about the hash bash?
Yeah, so, people have asked.
Everybody knows that down the road,
when round four of the plots are released,
all 100 hashbashes are going to get a deed
so that they can go in and pick an available city
or town or village plot, sorry, not city.
In addition to that,
there's going to be a whitelist for the IDO
when we do launch the Steam token,
and we'll have more details about that coming.
It also mentions that there will be a Steam drop
for those hashbash NFTs.
When the token launches,
there won't be an early drip for that,
but when the token launches,
each hashbash NFT will receive 2,000 Steam.
So, it's quite a bit.
We want to appreciate the community
that helps support the Manila project.
There were four projects involved.
I know, personally,
it took me five tries
to get an Earthlings hashbash NFT,
and we want to make sure
that the people that minted those
or bought them on secondary
are rewarded for supporting
and taking the time to do that.
Tudor, go ahead.
Yeah, thanks for that, guys.
And, obviously, thanks for the support
and commitment to our long-lasting collaboration.
And, obviously, we do appreciate the opportunity
to work together with inspiring people
such as you guys.
I would want to touch quickly
on the mention of Af.
I do hear him loud and clear,
and I know that the team has been continuing
to do so over the past year.
And, as I mentioned a bit earlier,
the reason why Earthlings
is a very good project
in the institutional investment side of things
is specifically because of the activity
that they have had with the community
and the adoption that they've seen
on the NFT side of things.
And, specifically, I mean,
obviously, the Founders Cards
play a big role in that.
So, obviously, I do think
and I strongly believe
that when it comes to Web3 space,
a lot of the people
that have left the space
with a sour taste in their mouth
have been exactly
the community of retail investors
that have been, you know,
I wouldn't say taken advantage of,
but have been there
to absorb some of the liquidity
that had been amassed
by institutional investors
over the past years.
And this is something
that we definitely don't want
to offer for our community.
So, this, I would stress the fact
that the early adopters
of Earthlings would be,
have been,
and I don't,
I'm sure that Patrick and the team
feel the same way
that they will continue
to be well appreciated
in the Earthlings ecosystem.
And I'll say this,
I've never said it before.
It's never been mentioned
outside of the team.
But the original plan
for Steam drop
to Founders Cards
was 25,000 Steam.
And if we had launched,
I know it's not peace of mind
for everybody,
but the reason it's,
it's so much,
if you hold for two years
is because we didn't launch it earlier.
So, that is one thing.
And you can take that
with a grain of salt
if you want,
but it's definitely
four times more Steam
because we know
we have a commitment
and a love
for our original
Founders Cardholders.
We have a commitment
and love for everybody
that holds anything
for Earthlings.
But we know
who and what
the Founders Cardholders are.
So, I don't want you all
to feel like
you're not appreciated.
And that is the bottom line.
And it was originally
25,000 Steam.
GM, take it away.
Hey, yeah.
I have a question
about the Drip Claim website.
Are you,
how are you handling
multiple accounts,
holding NFTs
in multiple accounts?
Are you making it,
making it easy?
Yeah.
So, you can spread
as much as you want.
Each account
will be able
to do one claim
per day.
And that was even
brought up yesterday
by Yorho
in development.
He said,
so if you claim
and you have
a wallet
that claims
and you,
somebody gives you
or you go buy
a new qualifying
NFC,
you would need
to claim again
from another wallet.
So, you will have
to physically claim
each day
from whatever wallet
that holds
the NFT
so that,
you know,
you could put them
all in one wallet
or a few wallets.
I know people like
to spread them
miles and miles
and miles apart,
but that will
be the step.
Just the last
two points
was,
we're already
in a vesting
so I think
it's like 16
to 20 months.
I'll keep pushing
back.
It's just,
it's vesting
on top of vesting
based on what
we all,
you know,
7 million
H-bar
paid for.
I know
you say
you understand
but I don't
think you
understand
all those
transactions
were done
with
misinformation
and so
I just,
like,
I don't think
you guys
truly understand
like,
what you're
doing right now.
But,
the second part
is that
we're likely
about,
what,
10 months
into a new
bull cycle.
You know,
luckily,
Bitcoin leads
crypto
and then
alts follow.
the sooner
you get it
done,
the better
for everybody
including the
who want it
in at
cheaper prices
with,
you know,
a correlation
to H-bar.
the sooner
you do it,
the better.
That's it.
I understand
very well
what you say
there and
as I feel
sometimes
as community
too,
I understand
maybe even
better than
you think.
But,
I have
a business
actually to
run of course
and we are
looking long
term and
I've seen
other projects
yeah,
I'll say
projects in
this case
who rush
to market,
throw out
a token
on day
one.
The initial
VC investors
make a lot
of money,
it gets
dumped and
the whole
project
goes to
waste and
it's not
being built
anymore.
This is,
by the way,
an example
I think
it's
Omsolana,
Solis is
the name,
I think,
Google it,
you can find
We don't
want to
rush to
market and
not doing
it the
right way.
Yes,
things get
stalled,
misinformation
is a big
word,
I think,
it's
misinformation
if you
do it
intentionally.
We have
a lot of
talks with
Headstarter
where we
get advised
upon as
well on
how to
launch.
There's
several
projects
that we
are talking
with and
who are
also,
of course,
connected to
this whole
thing.
If we
now just
say,
let's do
it tomorrow
anyway,
and in
two years
time,
things
get back
to us
for whatever
paperwork
that you
didn't
complete,
or you
missed out
on VC
because
someone
created
a pool
did it
the wrong
way and
the token
dumped,
so many
things can
happen.
I need
to take
all these
things in
consideration
and take
a look at
the long-term
best interest
of the
project.
If the
business
fails in
two years,
then all
the NFT
holders are
left with
nothing.
That is
something that
is on my
mind every
day.
I do
understand
both sides
of the
stories.
I understand
it very
well.
We've
always been
very open
to the
community
answering
questions,
but it's
not always
a one-side
story.
We have
a lot
of talks
with Head
Starter,
Tudor,
in this
case as
well,
of course,
and it's
not always
as simple
as people
think.
And yes,
it's even
actually more
difficult if
you have a
big community
behind you
who are
sometimes chasing
you for
things.
And of
course,
I understand
that.
But I
can't always
say everything
that's being
spoken of
because,
well,
you can't
go into
an Apple
boardroom
and say,
guys,
what's on
the agenda?
I want to
know all
the ins
and outs.
And that's
not because
things are
secretly done,
but sometimes
you can't
just throw
out all
the news,
all the
things that
you are
talking about
because it's
not always
our own
interests that
are being
spoken of
as well.
yeah,
it's hard
to manage
a project
like this,
especially
within the
community,
but we
are looking
to build
long-term
and in
long-term
interest,
it is
sometimes
hard to
make a
decision
that does
not align
with
everyone's
opinion.
having
having
said
that,
100%
appreciate
sharing
your
feelings
here as
well,
because it
is something
that is
not always
as black
and white,
and yes,
there are
always pros
and cons
and always
rights and
wrongs from
both sides
of the
table,
but it's
not as
easy as
in my
position,
because
really,
I have
the best
interest
at heart
long-term.
maybe
Joe,
your tutor
wants to
say something
about that
as well,
or someone
has another
question,
and if
not,
then it's
almost the
top of
the hour.
Yeah,
I'm just
going to
say a
couple
words,
obviously,
we need
to be very
careful with
the way
that this
conversation
is going,
obviously,
as we
have
help.
Your
sound is
a bit
wrong,
Tudor,
can you
repeat that,
because your
internet
connection
was a
bad?
understood
that you
said,
can you
hear me
now,
but that's
because it
was a
simple
phrase,
so try
again.
can go
sideways,
and obviously,
maybe some
discussions
are better
to be had
in different
settings.
I think
that overall
the theme
of this
discussion
is that
the team
is working
hard and
they are
continuing
to deliver.
The guys
from Earthlings
are building
with
community
at heart,
but also
with the
best interest
of the
project,
and it's
very difficult
to juggle
all the
responsibilities
that they
have,
and we
all trust
them to
deliver on
the right,
deliver on
their word
and on
their vision
in the
future.
definitely,
let's try
to end
these spaces
with optimism
in mind,
I would say,
and keep
the financially
loaded
conversations
for other
settings.
I must
actually say,
I hope
I didn't
come across
hard,
because I
actually
appreciate
App for
always speaking
out,
because of
what he
says,
we always
know two
sides of
the story.
yes,
I do
mean it
when these
opinions are
shared,
actually.
But as I
explained,
and maybe my
warnings are
also not
always chosen
wisely,
I'm not the
wisest man
to walk the
earth,
and Marshall is
agreeing with
that.
But no,
we do
appreciate
feedback,
and I think
it is actually
good that it's
also being
spoken openly
on Twitter
space.
But yes,
so I think
that's a
positive vibe
to end
with as
well.
And of
course,
if you have
more questions,
well,
you can ask
us in
Discord,
or even
create a
ticket in
Discord,
so that I
don't overlook
because I
don't catch
all the
questions being
asked there.
thank you
for your
time,
Joey.
Tudor wants
to say
one more
thing.
I see,
just a
nick of
time.
I just
wanted to
ask you
guys to do
a recap
of what's
to be
expected
from
Earthlings
for the
immediate
future.
I think
it would
be useful.
Yeah,
I think
the marketing
team already
wrote that
down,
so good
that you
say so,
and we
will,
I think,
post that.
thank you
all guys
for joining
again.
Yes,
we do
appreciate
honest
opinions
I want
to say
Twitter
spaces,
access
spaces,
and we
indeed need
to answer
all these
questions.
I hope
I did
it thoroughly
enough,
and if
not,
well,
you know
where to
find us.
Thank you
so much
for joining
guys.
Hope you
still enjoy
your evening.
Well,
it's an evening
for me,
for others,
the morning
or the afternoon,
and thanks
again,
and that
was it
for Earthlings.
Bye-bye.
Thanks,
everybody.
Take care.
