Hey everyone, how are you? Good morning. Good afternoon. Good evening. So happy to have you all here with us. First of all, please apologize for these delay. So we had some tech issues. We are still
Tiel trying to share the new link to have like everyone jumping in but yeah we're very happy to be with you all today so it's you know like it's my second time with Shamir here on Twitter spaces I was on a Twitter
spaces with Fred and with incubator projects last week and it was a really good experience. So I definitely want to jump more into Twitter spaces to have these types of conversations.
Hello everyone. How's it going?
Well, I guess I guess I'm only asking you, Joanna. So that's it. Yeah, it's a conversation, but it's not a conversation quite yet. Yeah, no, really really excited, really excited to have this. You know, I really have a lot of respect for Elon Musk, but I do have to say that Twitter spaces
is not seem to be the same as it was a few months ago. So hopefully we can get over this barrier. I just shared this link in a couple of the groups, the Algonfam groups, and this is a different link. So if you have anyone else that you know might be wanting to join or is interested, we encourage
you to share this new link. I do suggest that we give people another maybe a couple minutes and then get started, Joanna. Yeah, sure, sure, sure. Okay, so let's wait just a few more minutes. Yeah.
In the meantime, let me just tell you all, it's not going to be a conversation between me and Shamir. We want you all to jump in and to share with us your thoughts, opinions, suggestions, Indian of these calls.
We will have some Q&A space and time for all of you to share things with us. So it's not going to be a solo conversation here. Yeah, I see people are joining.
You know what? I mean, we were going to save a gash for a little bit later, but maybe we could start the conversation with a slight pivot. Would that make sense? Right. So a lot of you here have probably heard the news and about the NFT Explorer
at acquisition and we figured that you know this is a good opportunity to bring a lot of Algo fam here together and maybe hear from the people themselves so we have a very special guest. A gosh. How's it going, a gosh? Hey, yeah, I'm doing good, doing good, a little bit tired, it's been a
busy 24 hours. You can imagine, but yeah, doing good and excited to be here. And yeah, thanks for hosting this space. I believe when you've been up to so Senator, you go ahead, Johnny. No, I was just saying, guys, like I believe you're having the most crazy 24 hours. Yeah, so walk us through that.
That's exactly what I was going to ask. I got to walk us through what a process like this looks like, and especially once it's announced, once it's official, right? Like, what is that entail from you guys? And how are you guys coping? >> Yeah, sure. I guess the good thing about buying NFCX is we need to go through quite a similar process.
when we purchased Round not too long ago, about five months ago now. So it's kind of good because we had a lot of documents and stuff kind of already to go. I guess a lot of it is working with, obviously, I guess. First of all, I want to say, you know, big thank you to Tom and Josh, obviously two founders of NIFS.
have been extremely great throughout the whole process, very understanding and you know, we've helped them, they've helped us and it's been a very mutual relationship and they are staying on for the next six weeks or so as we kind of do the transition and I guess the immediate process after something like this is obviously to hand over all of the services to us. So I guess, you know,
when you build a web application like NFTX, there's a lot of moving parts. There's a web page, there's a database, there's APIs, there's a Discord bar, a Twitter bar, and a few other secret pieces of source they have in the background as well which we're going to. There's a lot of stuff that we are in the process of currently transferring over.
And then that's kind of on the technical side of things. Then on the other side of things, obviously there's a big commercial handover as well, which I think taking over the Twitter account, taking over the processes of verifying collections and thinking about how we kind of want to handle support for NFTX, the terms of writing
Now a lot of it historically has been through QITADMs and obviously as we are a much larger team we are obviously going to be bringing into Con which is what we can't be using the Rangari site for things like support and also kind of having a look at what are the changes that we can make and obviously one of the changes that we kind of work with an FTA
before the acquisition was announced, was working through the EXA integration. Because I think integrating all the marketplaces is kind of what NFTX wanted to do. And I guess we want to kind of want to continue that legacy and also when we made the acquisition announcement, I know a lot of people, I guess one of the things that we speculated was, you know,
But anyway, walk us through at a high level. How are you thinking about this? Let's call it a customer lifecycle, right, and this vertical expansion that this is. Walk us through your considerations, how you
how you plan to optimize that user journey and what, I don't know, maybe if you could give us a teaser of some surprises you might have in store. >> Yeah, sure. I guess for us kind of going back to kind of one of the main reasons why we bought NFTX is obviously when we saw the original sunset announcement it was very kind of
and obviously from a personal user I obviously use NFTX quite a lot even before we bought around and even more after we bought around. I mean you know a lot of the stuff that we do goes hand in hand and we have been working with the NFTX team since then but since obviously we took over around it's been a very good relationship with them whether we
whether we make any changes to our API and let them know or vice versa. And I guess for us, it's a very crucial part from a commercial standpoint as well because most people's journey in our GFT starts with NFTX. I think most of you go to NFTX, look at what collectives there are, look at the listings aggregated across all the markets.
and then eventually go to each of the marketplaces to buy one of these NFTs. And for us when we talk about the vertical stack, we're talking about the collector journey, which obviously NFTs made like a big part of the collector journey, but also it is also the star of many creative
is joining after they mint a collection, they usually go on NFT, check that the rarity is as expected and all these other things and we kind of want to I guess for us to kind of grow the algorithm ecosystem the meaning that we are looking to do especially with the rebuild that we are kind of working on as well is how do we kind of take a creator from being zero
to hero and NFTs will house future tools that will build in some of these tools will also exist on random. These will allow people to kind of min an NFT with any of the arc standards right now on random you can only min NFTs with one arc standard, arc 69 right now and nothing really out
and beyond the process of rebuilding all these credit tools and all these other things. And I guess in terms of some of the stuff you'll see on Rand from NFTX, NFTX has done a very good job using the blockchain as a source of truth and garnering a lot of data whether it's data in relation to sales or data in relation to metadata.
of the day to kind of flowing into random, one of the kind of launch features that we're working on right now is we will enable people to kind of buy Ryan Gallery NFTs directly from NFTs, which obviously remove one leg of the journey of those.
You see an NFT you want to buy and run, you click on the NFTX opens and you tab, you look at it and you're going through all of that jazz bar, we're going to reduce that one step. For rank gallery NFTs, you'll be able to buy them within NFTX. That will help I think with the build. Use a journey and obviously onboarding as well because you
Usually when we tell people to onboard, we kind of put them towards NFTX first, whereas if you look at other chains like Magikiden or other chains like Salana and Ethereum, usually people are pointed towards a marketplace versus an aggregator. So obviously if people can find the aggregator, I think they'll kind of improve the experience and this is kind of becoming a bit
a trend in the in the crypto space if you see blur as an example, blur being kind of like the new popular theory of marketplace and they do actually let you buy NFTs from any of the marketplaces that they have listed including the road and they always show an aggregate view of all the NFTs and give
you a data on all the sales and all this kind of other stuff. That's why we're looking at the Goats standard. I love it. I love it. Yeah, a lot of synergy. Again, huge, huge congrats. I can't wait to see what comes out of this. So keep up the
great work man. Yeah, thank you so much, guys. Yeah, I can think on a better way to start this session, right? I mean, I'm very, that's right. Yeah. Yeah. A reason for a celebration for sure. Absolutely. Absolutely. Okay. So let's start as you're before
We will have some minutes dedicated in the end of this conversation for you to jump in so feel free to request to speak at the end of this conversation. We want to hear from you. We have some announcements, some things to share with you all today. Of course, I want to start about the
So, as you probably saw on my feed, I'm trying to share some updates, but things have been finally moving in a good way. But of course, I want you all to know when to hear from us what's the current situation.
As I shared in December, we were planning to have this NFT council to be a way to be closer to the community to really understand things that we don't see, that we don't hear, and to have some kind of people who will be together with us on a monthly session to
share some perspectives and of course to guide us through the strategy that we have internally. Some things move and of course like we we found out like how important it is to do things in the right way. So of course the selection of these council and like who will be representing the community it's very very important
And for us it took like the dimension that it's like we really want to do it as a non-shane thing because it doesn't make sense to do it, you know, like in a very web-to-classic way. And also we want to make sure that it's fair, that we have broad representation, that we target like people from the art still to support.
to the music ecosystem, to marketplaces, to BFP, so to community. So we want you all to be represented in a very fair way. So for that, we started the process of, okay, looking and talking with some of the most brilliant minds in our ecosystem around the world.
voting and around like Dow. So how can we do this voting system very fair on chain and something that we can use in the longer term also for our NFT collection also. And yeah, out of these we sent a request for proposal and last week so
This request for a proposal was evaluated by the internal team at the foundation. It was not only from the Web3 team, it was also from the the tech team perspective. And we came out with one partner that sent us a very, very interesting proposal covering not only
only the requests for the Web 3 team, so for this NFT council selection, but also for the upcoming NFT collection, et cetera, but also touching some interesting points around X-cov's and around our upcoming Algo Kid. So I hope that I will be able to tell
you who this partner is in the upcoming days. So we are of course like finalizing some detail and some paperwork internally. But yeah, I'm very excited about it. The partner will start developing this tool and we expect to have it ready by the end of March.
March mid-April and in the meantime this is like this, Twitter spaces is of course the first kind of MVP of this session but we want to start you know like having sessions with all the people that we have invited to be part of this council and you know because we want to start engaging
to add anything on top of what I've said. And yeah, please give me Honest here. Yeah, yeah, yeah. So, you know, I think the point that's really important to clarify is that initially we were just going to, you know,
We want to live the ethos, we want to dog food things within our world.
And what we kind of decided to do is create a little bit of a tradeoff right between the time that it'll take and we obviously want to set this up as quickly as possible and you know in the correct way to to to so timing and and doing it the right way right so we came up with this basically request
proposal. What is important to say is we initially, right, it was just you and I drawn a basically kind of talking to the community and thinking, okay, what do we need built for this tool specifically? But then what happened, right, is suddenly, you know, we have Adrian and Stefan kind of on the ex-cub side, who would press some interest in it, right, and they've already
been planning something similar. We've been talking about Los Angeles right on the Algo Kids side. So suddenly we we really realized okay this is actually bigger than what we initially thought and yeah we could kind of do a one-off or we could create something that's a little more flexible, a little more modular and
has different implementations across these other verticals, these other activities, and it's something that we want to open source. So this isn't just a one-off for us to use for the voting council. It really is something, a tool that we are hoping will be a template. Again, an AlgoKid and anyone can come in and use.
I think that again, the story here, a lot of people here keep asking questions about when, when's it going to happen, and these are tough choices. But what we opted at the end of the day to do is, again, move as quickly as we can with the most comprehensive modular product. That's where we're at right now, and yes, it will take
maybe another month or a month and a half again, we're aiming for the, I guess we're aiming for NFTNYC at the end of the day. Hopefully we can launch it even before. So that's, we're looking at mid April at the latest. Again, you know, knock on wood, who knows how these things progress. But the important thing to say is, why
While we realize this is a delay, we're also in the meantime going to make sure to be very proactive in terms of kickstarting these initiatives and these conversations that we were planning already on having with the NFC Council, right? So whether that's this Twitter space and the future ones that we're going to hold more frequently or
Even we have this short list of NFT council candidates from which people will need to select it. So we are planning over the next few weeks to basically go, it's kind of break it into several different groups and connect with everyone. So we don't want to wait, right? We want to kickstart this thing and that's
the plan. Yeah, thanks, Chamiar. That's exactly the point. I think that like the most important message around these is like it became a very important thing not only for us, but also for lots of teams at the foundation. That's right. I think that like the the starting of such a very similar
ideas such like a friendly idea it became something super relevant for other peers in our team so I'm very excited about this and also like super thankful for everyone to be so patient with us and for understanding that okay such a small thing actually became
something valuable for much people. So yeah, I'm thankful for your understanding and for your patient. Yeah. So moving on. And of course, like in the end of this conversation, as I said before, feel free to share your thoughts about this NFT council updates.
with us. Yeah, moving on with our NFT strategy for this year. Shamir, I don't know if you want to start, if you want me to start to set up the tone. Not sure. I can dive right in. So, I mean, we've been having these ongoing discussions and outlining our NFT strategy.
energy for 2023. And if there's one thing that everyone knows is that 2023 is looking very different from 2022, I don't need to tell you the current macro landscape is really forcing everyone in our industry to make changes, sometimes hard choices. And at the end of the day, really focus on
driving value, right? Or in other words, building real solutions that solve real-world problems. So, you know, I think when we talk about these things on the foundation side, we realize we really need to get into this new mindset and that essentially every single algo that goes out the door needs in one way
shape or form to help facilitate growth and utility to the ecosystem. A lot of you know this, the grants program has been officially shut down and that's because historically it really hasn't worked at scale. I won't say there's some wonderful projects that came out of it.
But I think as a methodology, it just didn't really hit the new on the head and drive the value to the ecosystem that initially I think was expected. Another reason that it was shut down is that we have this realization that the funds are actually better spent most likely in other avenues.
As part of that, I think maybe to distill it into one thing, our number one priority and focus throughout 2023 is what we're calling the Bearhug strategy. In other words, it's basically helping the existing ecosystem projects succeed. Raising the tide and
empowering creators, empowering builders, and to give you some examples of what is included in the BareHud strategy. So, again, it starts with the office hours that we're going to be launching to really allow anyone to be able to connect with us the NFT
Council is obviously a big step in that direction in terms of creating more active feedback loop and sort of round table where we were much more connected and in touch with the ecosystem technical support. So I see Ryan Fox here. I mean, I see a bunch of people. We have the best of have our team
crypto and they're on it and they're always there and always helping and that's really I think one of our superpowers marketing amplification. So a lot of you were on the Twitter spaces with Jess a couple weeks ago, right? Our new CMO, she is amazing and bringing a lot to the
the table. So we're actively looking at ways that we can amplify on social channels through partners, through events, which we're going to talk about a little bit later. The NFT collection that was voted in in the last governance period is another step of that. So the notion of having
some kind of group of assets of NFTs from across the ecosystem, not just PFP's, but you know, art and music and you know, it could be real estate right from lofty, it could be whatever. But at the end of the day, basically creating a collection of assets that can then be
first in order to encourage onboarding into the ecosystem for new projects or new users that can be used for engagement campaigns within the ecosystem and certain activations and helping certain projects out. Shuffles, giveaways, PG, actually
ran recently something really cool with with stupid horse. Some of you may have participated in right so we're seeing some traction there. Education and expertise, that's another thing. You know, we're realizing when it comes to a lot of a lot of creators could use help maybe on the website and a lot of website could maybe use some help on the business side.
So really kind of focusing on education. I think you're seeing that actively on the developer side, but we're really going to put a much bigger emphasis in everything that has to do, for example, with marketing or PR, best practices or community management, which is also huge within
within our space. Another couple things, examples, large partnerships. That's a huge one. Getting a couple partners that will onboard hundreds of thousands of new users and essentially raise the tide. That works in everyone's favor when we're able to do that. And we do realize, again,
that it's a process. So we can talk about Web 2 to Web 3 onboarding separately. And the Web 2 and a half hybrid that I think we're going to find ourselves in, whether it's through Poops or NFTs that are under custody. But basically, we are looking to bring the masses. And we really think that what we need to do right now is drive more
demand into the NFT ecosystem. That's going to be a huge, huge key and it's going to help everyone. And then another thing is building a network of discounted services. So think smart contract auditing, think legal, financial design, PR, really kind of creating a short list of
trusted providers that are able to give very high quality services to the ecosystem and serve them in a affordable way. And we're looking at other things like non-technical boot camps and hackathons that aren't just for builders, but can incorporate the creators
or the business people and kind of be more on the inspiration side. And we talked a little bit about giveaways, yeah, Algo and NFTs, et cetera. So really, that's all the different things I said right now. They fit under the Bear Hunt strategy, anything else to add, Johnna.
Yeah, yeah, thank you, Shamir. Yeah, I have some things to share here and to add on what Shamir was saying. One thing is about like the grants. So as you know, like, and that's Shamir shared, like we don't we don't have the grants came anymore, but we are one thing that it's on the works right now. So we are building this network of
So we really want you all to reach out to us if you're looking for VC and like we are on the on the Disconversations with some VCs because we want to provide you and I think that like the general message here is that we want you to tell us how to help
help you. So it's about like these office hours for you to jump in and talk with us because of course we are trying to build this bearhug strategy but it will be built with all of you. Another thing that I want to reinforce here is that we are not going for a specific vertical
We will be absolutely category-agnostic, meaning that from art, music, to PFP, to... Everyone will be equally important for us right now. This is part of our full strategy for this year to support everyone to
to grow our ecosystem and to build the best ecosystem for projects to thrive. Right. Right. Yeah. So just to add to that, Joanna, right? So I think one of the reasons maybe are clarifications, right? When we say we're not prioritizing a certain vertical, it's because, and actually this ties
to the number two priority, which is to attract and fund projects that are critical for adoption. So basically filling infrastructure groups, right, and tooling, and the realization that at the end of the day, it's much more effective to create
frictional and drive more utility. Essentially how we help the existing ecosystem succeed. Think just to give some tangible examples, think of easier minting tools like high-forage
which we love and we've recently connected with Austin Mitch for kind of minting generative collections in a no-code way. Think Discord bots, right? Think voting tools in AlgoKit. All of that is a huge piece of how we grow. And I think while we're doing this, those tools effectively
can kind of think of them as a root or maybe a stem is kind of the better analogy and they can branch out across different verticals. So if we have something that makes ticketing very easy, well that can be used across music and sports and entertainment and maybe gaming. That's really the approach and I think the important thing to clarify when that's what we say.
Absolutely, absolutely. Thank you so much, Shamir. So that said, and I think that it's like clear right now that of course we are asking you to help us, helping you. And of course, as you know, this bear hug is for all of you, so feel free to reach out. We will be
Let me know in your coming weeks on like all these weekly office hours work right now Of course you have access to our email so we can always reach out by DM or Here on Twitter or by email But we want this to be you know like more lean way to reach out to us and to ask for support
So we are working on this. Also another thing that I of course want to update you because I've been reading here on Twitter some people asking like, okay, the website is not updated. Also, this is the type of things that we are also working in. So it's going to be part of this like
As Shamiya said before, we are building these educational tools and all these things. Of course, we want to have a much informed and better informed people and audience through our website. So, of course, but in the meantime, we will work for more like an MVP thing.
on our website and it will be updated and yeah this is something that of course I wanted to share with you all today too. Yeah and the third thing we wanted to talk with you is about the events. So the events play a big part on our strategy this year. We will not
to that much number of events, but those that we will host will be very, very important for us. So also, because as part of this bearhug being, this is not about putting the light and the shine light on Algorand, it's about putting the spotlight
on all of you. So we want these events to be an opportunity for you to shine, to be present, and of course to talk about your projects as much as possible. I will be in Paris next week for NFT Paris, so we will not have from the algorithm perspective
any relevant presence there. This means that we will not have a booth at the conference, neither a side event. I will be there with Wazim from the community vertical. We will be there more for you know like to meet some people in local. So of course like if everyone of you is going to Paris
feel free to reach out with me by the end. I know some people that will be there already, but I want to meet you all in person. Also, Exa Market will have a fantastic presence at the conference, so feel free to keep updated on their Twitter.
account and about NFT New York City. So we don't have like the closed plan yet, but of course we will have some presence at the conference and also we will host a side event. And in this side event, of course we want you all to be present
So if any of you is thinking to go to New York City or will be there Please let us know if you apply to speak at the conference Please let us know so we want to know who is going to be in town during an FD New York City and of course we want to to
So to put a spotlight on you as much as possible, so feel free to reach out. Also, another upcoming event will be Paris Blockchain Week. Again, if you're going to Paris for that event, please let us know. We will have not that
much bigger presence from the web 3 perspective, but of course the foundation will have a side event also a presence at the conference. So yeah feel free to let us know this is more or less like a big call out for everyone who's attending events to keep us updated.
Yeah, and just to kind of mention the dates, I know it kind of sounds random, people who don't know. So NFT Paris is next weekend, right, Johnna? Yeah, yeah, it's Friday and Saturday, the 24th and 25th of February. That's right. Then Paris Blaschain Week is March 21st to the 23rd.
So that comes after. And then NFEMYC is April 12th to the 14th. And we are likely going to be renting a venue, you know, speaking of the side event on the 13th. So again, if anyone's around New York and able to join, definitely welcome Shada to Johanna.
of Dev Outreach, who is putting together a hack and there's going to be a pitch day there. And we have a bunch of different activities planned, again, also shut out by the way to Agash who's here and and loss and the Rand Gallery team, as well as the Parallel Wallet team and some other partners that we're talking about.
who are kind of actively looking to collaborate and just amplify our ecosystem. And for us, that's the win, right? It's really showcasing the ecosystem and getting you the people here who are building on Algrand more users.
Absolutely, absolutely Shamir. Okay, so I Want to open some space for you to jump in and to talk with us So as you know like I'm the co-host I'm Shamir at the co-host of this I will do my best to To make sure that
you're in. So feel free to send the request to speak. Does anyone want to speak? Yeah, we currently have zero requests. So that's, I don't know if I should be concerned. Or if everything's just like super, super clear and everyone is 100% aligned, there we go. Hoover. All right. Hey, Hoover, I'm approving you.
Yeah, see and we got Algo man. All right, Algo man can come next Okay, John to try approving it. I'm clicking approve. Oh, there we go. Okay. How's it going? Hey, what's up everybody?
Hey, Overt. - I'll get it.
- You're a bit of a dev question for a gosh.
Yeah, it's fun. Go for it. Yeah, I don't know if you've seen the tweet that I made yesterday, but I had an issue where I created an asset on Rand gallery and somehow my manager wall is set to zero. Have you ever seen that happen before?
No, I'll take a look at your tree and take a look at obviously you take this up line, but yeah, I'll take a look but shouldn't be there obviously was zero you can't do anything to see me I had a couple people tell me the consent
This is just locked forever now. I can't do anything with it. It just seems like a weird flaw in the system that somehow the manager wallet could just be set to zero and then your asset is just locked forever. Figured maybe your big brain could help me figure it out.
All right, so I would leave that is a great question, Hoover. I would love for you guys to take that offline. We want to keep it topical. We have 15 more minutes. All right. Do you have any thoughts or questions or insights about what we were discussing though?
No pressure. If you don't, we can move on to Algo Man. I mean, I feel like I came in a little bit late. I don't want to cut the last few minutes. No worries, man. All right. All right. So thank you, Hoover. Algo Man. Hello. Hey, everybody. Excuse me. So just wanted to quickly announce Maria.
who is East Coast Community Manager for Algrant Foundation. We today opened up a discord which I was moderating for all of the Algrifam essentially. But concentration on
East Coast events that we are looking to facilitate across the East Coast for all Algo Fam. The Discord is on my Twitter and we're just looking really to network on the
to facilitate opportunities that people are looking for, whether it be development opportunities, project opportunities, whether you're looking for somebody, whether you're looking to do something in the outer and space. Our Discord is an opportunity to
have your voice heard there and we will be proposing events across the East Coast for the AgoFAM to in real life events. You know it's nice to connect with people on Twitter and Discord and you know and all those things but you know we want
to get people together in an in real life basis. So we can talk, we can coordinate on how to build the algorithm space. So please hop in the discord. We want it to be active, we want people to feel free to not only
a lot of discourse, you know, it's not about shelling, but we actually kind of encourage shelling in the discord like we want to hear from the projects, we want to hear from the creators, what you're thinking of, what your opportunities are in your area, and then again, you know, get some
in real life events going on the East Coast and the USA. But all AlgoFAM are absolutely welcome, not only East Coast USA. All right, great. Thank you, Algo, man. Let's move on to Echo River.
-Revetti, sorry. -Revetti, yeah. -Yeah. -How's it going? -It's going well. And I really wanted to attend your talk. That was at Eath Televieve, but I missed it. There was a woman in Web 3 meetup at the time. -No worries.
I still feel like I missed out and I was wondering if you could give me the spark notes now maybe or just share in general what's going on and other end outside of I don't know where to start so yeah so that I guess for the people here yeah Telvi blockchain week was
I think it was last week, I can't remember. Last week or the week before? Yeah, time is just different in crypto. I had a fireside chat there. It is too bad. I'd say it was an introduction to Algorand. Let's call it top of the funnel.
in many ways and just sharing kind of my perspectives and some examples of the ecosystem and again how we think of Web 3, etc. etc. So again, I think for the people that are here, we want to keep it very, very tight and talk about like the NFT and Web 3 ecosystem growth.
but it's a pleasure to meet you, Echo, and I'd love to maybe touch base separately. Okay? All right. Are you here in Israel, Echo? Yeah, I actually am. So it's good to see Al-Guran's presence. Very cool.
Very cool. Yeah, yeah. So feel free to keep in touch and stay tuned for additional events that we might have in the area. OK, who's next? Was it Argo not? OK, let's go Argo not and then I don't. Yeah. Hey, it's
Thank you for letting me speak. I just had some or wanted a little bit more information about the mention of kind of working with devs to build tools specifically, you know, you know, I heard discord, bots,
I heard you meant minting. I was wondering if you had more information about that or if it's just in the kind of culminating kind of getting ideas down. I know that, sure, I know that building discord bots, a lot of us do that for other people, do it for ourselves. I know
We have NFT pal and other people who do it for a majority of the community. And I just wanted to know how you force all that coming together, whether or not you're going to work with already existing people or kind of work with internal debts.
Yeah, that's a great question. So I think at a high level, you know, we are not a product company and I think that's for example where Algo Kit comes in, right, as kind of a tool kit that people can tap into and build things. The other thing I'll say and the NFT council is one thing
that's designed to create is, it's very challenging to keep our finger on the pulse of everything that is needed everywhere within the ecosystem all the time. If the council has one methodology to do that, but my point is we need a constant feedback loop of what those need
are, and I'll say, you know, we've gone through this exercise, and it's really an ongoing exercise at the end of the day when you think about it, of really mapping our ecosystem and thinking of minimum viable ecosystems in plural, right? Minimum viable ecosystems, because if you
think of it, there's the Dow landscape and there's a Dow minimum viable ecosystem. There's a certain list of tools, a short list of tools that you have to have in order to have a robust kind of thriving Dow ecosystem. That might include on-chain voting, which again
something that we're promoting, it might include different custody solutions, it might include different things, right? And then when it comes to NFTs, again, same approach, pushing arc standards, right? And NFT capabilities to do different things. So that's kind of how we think about it. Now, as
As far as how we implement, we're very, very open, I think at this point, this RFP process, for example, that we went with the voting tool. It's been somewhat enlightening just in terms of how that looks like in terms of getting our community involved.
So I'd say it's a little bit of both, right? It's a matter of us getting a little better at conveying what gaps we're looking to fill and opening it up to the ecosystem to, you know, start saying, "Hey, I can do that," right? As well as I would say, maybe leaning on the community of the people here at the end of the day to proactively come to us and
and say, we really need this tool. And it's not just useful for us. It's useful for them. And in this use case, and such. So it's a little bit of both. And I would say, I think at a high level, yeah, the more builders we can get building useful tools, the fill these gaps, the better.
Yeah, I will also add on top of what Charmere was saying is that like we will and we have been having conversations with a dev-rouse team We will take advantage of you know like Ekathons, Hacchags, Bounty schemes So like all these things to actually you know like go out there and ask for support as well
as soon as we understand what's missing in our minimum viable ecosystem that we are trying to build here. So this is of course, we'll be a channel to reach out to the builders and to get people building what's missing. But of course, as Shami said, we want you to tell us what's missing.
Okay guys, we need a bot for these. Okay guys, we need a tool for that. So this is exactly part of the Bearhug strategy. We want to hear and of course we want to react to these needs. Thank you very much. I appreciate it. Yeah, if I may suggest one idea, like, like,
maybe a buildathon where you come up with a community-sourced tool, specifically for, you know, some sort of minting or some sort of notification or discord bot, maybe have just people build prototypes and those in
and you pick winners, kind of like the hackathon, to either open source it or help facilitate projects to get into it. But that's just my suggestion. Thank you, Phil. Yeah, yeah. So sure, sure. And 100% we're on it, and that's where we are. Talking with the other departments, whether it's on
the community side, or again, Joe of Dev Outreach, Johanna, you know, for the hackathons that the cheese pointing together, or even University, right? So we have Doros, Handling University Outreach. I think we're, so 100%, this is something we need to get better at, but we always have, you know, again,
It starts with a feedback loop with the community, identifying what needs to be built, and then join an IR 100% on it in terms of conveying that internally and finding different ways to get it built. Again, sometimes it might be a hackathon, sometimes it might be an RFP, sometimes it might be, you know, us maybe creating the beginning
of something like some kind of skeleton of a feature or product and then opening it up for others to build on. So yeah, thanks for that question. We only have five minutes left. Let's go with IRL. How are you? IRL, it's been a while. I know. I kind of just wanted to say hi, but I did have a relevant question. I thought I landed.
It's kind of a big, great opportunity. Updates talking about how those verticals do integrate at a certain point, right? They're sporking on the verticals. The Community Champion Program, I saw that you guys posted something for the Web 3 gaming kind of aspect of that.
The communities had autumn, had posted like the digital and the location. Just like it gave us an update on how you kind of see those all. I see lots of like intersections or opportunities for those to kind of cross lanes. I just left to hear more about it for you guys and how that's going.
Sure, so I can't say I'm super close to this in that as far as I know we're still collecting applications or maybe we collected all of them, but there I think a few hundred. So I have yet to sync with autumn in terms of kind of where that stands. But yeah, you know, again very, very
excited. This is another way for us to lean into the community a little more and create that more constant feedback loop. Yeah, that's what I have to say about that. I wrote, do you mean anything specific in terms, you said intersection? What did you mean by that? Well, like, for example, I saw the digital community champion get.
I think it's get coined, but it post, right? And then I saw another one for like working under you and Joanna and I think it was panel gaming Web 3. And I think Autumn posted that. I know you guys were looking for some under here, but I call, but that obviously would seem to intersect with
like the NFT council and also that digital vertical for the community champion. Sure, sure. Yeah, yeah. So I think again, I'm not the most in touch with the specific details here, but I think, you know, broadly speaking, there's always going to be an overlap. You know, just like if you think of it kind of internally, right? So you have
Joanna leading our NFT initiatives, you have PG doing gaming, you have Matt doing impact, Daniel doing DeFi, like there are so many cases where there isn't overlap. There's an NFT play, but it's in a game. So I think right now, when it comes as it pertains to these communities,
champions, it's more kind of just the internal alignment, if that makes sense, right, with the department or whoever the vertical head is. But there certainly is an overlap, I think, when it comes down to the actual projects that are being built.
Okay. Anything else? IRL. Are you super happy to hear the NFTX news? I was so excited. I guess it's got a dead poker face. So he was like, yeah, he does. Yeah, the revamped. It was kind of hiding. So yeah.
great great news. I'm excited about it and I'm excited about me and Ft. Council kind of think their teeth and seeing these like community champions whether it be for the Web 3 gaming digital location based like really think their teeth and like it all kind of be
and think. But other than that, I mean, it's got to start somewhere. So I appreciate you guys taking the time. It's good to talk to you both. Likewise. Likewise. So nice. All right. So we are. Yeah, yeah, 100% 100% and I don't know. Any chance to see you in New York, IRL.
I don't think so much here. We're not really if there's only going to be a couple people around I think I'm pretty close. Fair enough. We'll find that opportunity. All right, so we have one minute left but we can we can go on another couple minutes. Let's let's open it up for one last question.
or thought or insight. We have DKDude.Eath, how's it going? Hey guys, awesome being here. Thank you for letting me out on stage. Just real quick, I want to say an Algorand event in 2022 and Dubai was just mind blown. It was absolutely fantastic. I really enjoyed attending it guys.
I've got a quick question about the algorithm and the community. Are you guys going to launch your own marketplace with top-owned domains? Are you looking for integrations with players like OpenSea? That's my question. Thanks.
I see that you're a dot-Eath. I saw we had NF domains here. Do we still have them? Anyway, if your question is or if you're unfamiliar with NF domains, the wonderful John and Patrick who lead the initiatives there, that's definitely one of the more strategic projects
as a matter of fact, we were talking about it internally today on Algrand and you know I love seeing everyone with the dot algo. We have some surprises in store in terms of kind of you know let's think of influencers and amplifying that over the next couple months so stay tuned there and you know when it comes to open seas
specifically, if you can connect me to them, we've reached out. I think for OpenC, they just want to see volume. It's a little bit of a chicken and egg where we need to raise the tide. We need to grow the ecosystem. January was relatively speaking in terms of algo volume, a really good month. It was the number two or
number three, it depends on what, you know, statistic tool you use month in, it really in the history of our NFT ecosystem. And I think, you know, number one is, and I think basically getting in front of NFT collectors from other chains, yes, that is a hundred
100% a huge priority and definitely a key pillar right towards growing the ecosystem. So you might have noticed Algrond is now as of the last couple months on crypto slam which is you know perhaps the place where NFT collectors go to do their market research and you know learn about new chains and new marketplaces and
new collections. A DAP radar is another one. We have conversations all the time with multi-chain marketplaces, which seems to be that next wave. Who really cares? I think most people don't care. They care much
more about the art, about the community, about the vision, the values. I think that's at the end of the day what brings people together. So yeah, again, if you have an in at OpenC, we'd be down. But you know, in the meantime, and we have reached out. I don't want it to sound like we haven't reached out. So, you know, we're trying our best. Sometimes
you know, these things cost a lot of money and they're not worth it by the way. That's so it's not always a sure thing, but you know, for us getting listed on these places, again, that's how we get the mangoes and the goanas and all of the wonderful projects, the mostly friends
and I could keep going. Now I know I put myself in trouble, by the way, because the moment I drop three or four other people are like, "Wait, what about me?" So I'm going to stop there and I'm just going to say, "Yeah, we would love to be on OpenC and we're having some discussions with multi-chain marketplaces, so stay tuned on that."
That's awesome. Amazing. Thank you so much for the answer. Sure thing, DeGaedude. Okay. John, any last thoughts or comments before we wrap up? Yeah, I'm thankful for everyone that stayed with us until the end. And of course,
I want to reinforce the big message here is that we are here to listen to all of you. We are here to of course ask you to to help us helping you and to let us know what's missing. We are we're mapping. We are trying to
out but no one will tell us better than you guys. So feel free to reach out, feel free to ask for support. We will always be here and yeah rest assured that we are doing our best to grow this ecosystem and to make it successful and more successful.
So yeah, 100% and more of these to come again, you know, we we I think we're we're getting there. We're getting into a rhythm, but we definitely find these conversations very very useful. So thank you all for joining and you know, let's keep the combo going. Yeah, you know what's on there like every time I do a Twitter
spaces I feel that I actually like I really enjoy these but yeah so we need to do it often yep yep 100% all right so have a great day everyone yeah take care thanks guys have a great day everyone take it easy bye