I can't hear anything if anyone is talking. Here we go. Things are happening. Good morning. No, good morning. We're waiting for the elevator music. It's not bad, Steve. How you doing? G? Good to hear you. Yeah, I'm glad we got the eight point quitter hand over for this and over. We're on our way. We'll get to the elevator.
All of the music on the next one. Perfect. Growing pains. Perfect, perfect. You could have everyone here, I think, and I started a message to someone from Poland around the world, right? People are here on the space, they're excited. It's an important step forward for the Dow. This is exciting. It is.
Yeah, so for everybody that's tuning in with us here, we are going to meet the prospective new administrators for the eight foundation here on stage today. We've got a pretty tight schedule overall. We're going to be joined by seven of the
authors here for some of these proposals that we have to be the new administrators. We've got the special counsel up here on stage as well, Vera and Board of HG. And then we've got some loss. We've got bad teeth and we'll bomb us here as well, representing for the working group zero stewards. We have a quick, just
So, we're still waiting for some of the vendors to join us up here on stage. But since we're tight on time, I'll run through the intro just real quick just to get us started. So, again, we're some of the working groups, the working groups, the steward that have been tasked with running
running the RFP process, which was voted on through AIP 196, which was labeled as the board AIP. And the purpose of this space is to give the community that is voting on these proposals, the opportunity to have a chance to meet the bidders and hear the opinions and form the opinions of their
for themselves here based on the merits of each bid. An extra note here just for this stage in particular, none of the special counsel or the working group stewards have any pre-existing relationships with any of these respective new admins or their companies here. So I see
We're starting to get some of the bitters up here on stage. If anybody has any questions for the whole panel that speakers up here during this conversation, you can drop a question in the bottom right and we'll pick it up and drop it into our agenda here. Also, just like and retweet the room as well, just the formality there gets some more eyes on the conversation.
conversation and get some more people in here with us. And one quick little note, I think we've got all of the vendors here with us up on stage now. So just before we get started here, the RFP process that we're discussing is currently live and it's posted to the community forum on discourse.
Voting started last Thursday and it's going to end Wednesday at 6 p.m. This week at 6 p.m. PST. So through Working Group Zero we were tasked to complete this RFP process. We're also finalizing a mission statement for the Dow and continuing to develop Working Group structure that
and implement coming into and out of March for the 8-point now as well. So there's a discord link that's pinned to the 8-point handle here if you scroll down on the page and you can join us there in that working group 0 discord if you haven't already. So with that out of the way we want to
to have a quick introduction from each of the bidders. We just want to give you guys just a quick minute for a personal introduction from each of the people that you brought here up on stage. Just to discuss a little about personally the company, your personal backgrounds and your focus as it's related to this bid. And then follow up
with three minutes for each of your individual teams to introduce your prospective unique bids here and highlight to the community why they should be voting for them. So Jonathan, you've got a bright yellow PFP and it's catching my eyes so I want to throw it
to you first if you just want to give us that one minute personal intro company background in your focus as it's related here to the bid. Yeah, of course happy to do so. So hi to everyone. My name is Jonathan Bain. I'm with the web slinger team. So we've got Matt and Paul with us.
I am a director at a firm called Crestbridge where a global provider of administrative compliance regulatory and administration services throughout different jurisdictions. Personally, I've been in the governance and compliance space for about 15 years now. Specifically, the digital assets have been working in this
since 2017, various projects, funds, and a variety of other areas. And very much looking forward to this panel, the ability to discuss with everyone here, to take questions, and to try and let you guys know why we think we're the best bit.
So that's my one minute introduction. Thanks very much for the time and I'll turn it back over to the chair. I appreciate it. Thanks Jonathan, nice to meet you and I see we have Matt here from WebSlingers as well so just to kind of keep it focused Matt will follow up with you. Sounds great. Well again great to meet the community. Thanks for organizing this.
So a quick background on me, I've got a mainstream finance background. I co-founded a small investment bank and ran that as a general manager for a while. I've been deeply involved in crypto since 2017. My first crypto trade was 2013, but I founded a DeFi company, a crypto
asset management company, a crypto prop tech company and a crypto carbon company. Currently I'm also the chairman of a NASDAQ listed blockchain minor. So very deep in this space and really looking forward to supporting the community on this decentralization journey.
All right, thanks Matt. And it is, is Saribus with you guys as well or is Saribus with the, yeah, with the, yes. Okay. Saribus go ahead and then go ahead and follow up there. Hi, everyone. Saribus here, Paul's my real name, but I've been pretty deep in the crypto space for quite a long time.
First started in Tried 5 building large scale systems for a bank ran that ran 135 billion dollars through it and served two million plus people across Canada then started to work in their digital
Department and really start leading their patent practice. So I have 145 Pintek patents, 22 of which are blockchain-based and really started navigating after the bank moving into the startup space. So started a 10
Canada's first on Reward blockchain Reward system and recently co-founded parallel, which is a sci-fi trading card game based on NFTs. That's me. All right, thank you Paul. And now we've got the
the combined sort of consortium here, provenance, autonomous and lemma provenance. I'll go ahead and throw it to you. If you want to introduce yourself, whoever is there behind the provenance handle today. Right, so thank you, chick. I'm Ron Guetta. I'm one of the co-founders of provenance. My background is
legal compliance and tax. And I've been involved in this space for approximately three years, just a bit more about provenance, provenance as a compliance shop that operates in the digital asset space. And we focus on risk assessment, deep diving on on chain analytics.
and also KYC and KYB screening. We've assisted numerous Cayman foundations and DAO's to become and remain compliant in the Cayman Islands. And we are bidding as part of the consortium, specifically for God to the compliance category of work. Over to you, Jay.
Okay, I'm sorry. I thought you had mentioned somebody's name. You called us the chair again. Thank you. Yeah, so let's let's go over to autonomous now. Oh, no, sorry. Yeah, no, let's go to autonomous now and let's hear from you guys. Thanks guys. My name is Eddie Neuions and I'm representing autonomous today. I'm one of the co-founders of autonomous
which is a full service, DAL service provider helping DALs and their underlying foundations to centralize. My background is in finance, I'm specifically a chartered accountant or CPA. I was with KPMG for 11 years, eight of those in the Cayman Islands where roughly
Seven years ago, our co-founded the crypto practice for KPMG and helped them build that art into a global practice today. I left there as a director leading and signing the audits of funds that had a crypto trading strategy and have been very involved in the space of
you know in the last seven and eight years. I find my background very applicable for the specific part that autonomous is is bidding on which is the finance element of the consortium between autonomous lemma and provenance and I'll help hand over to Lemma now. Hi guys.
My name is Peter. My background is finance and IT, shorted account and also certified information system auditor. First got into crypto, 20, living, ran a bitcoin node but actually full time worked in the digital asset space since 2016. Help to set up KPMG's digital asset
So, I've been working on the project for a long time. I've been working on the project for a long time. I've been working on the project for a long time. I've been working on the project for a long time. I've been working on the project for a long time. I've been working on the project for a long time. I've been working on the project for a long time. I've been working on the project for a long#
and then started working with 1000 foundation companies in 2020, lived and sitting currently on the board of a number of very big different foundations from the Cayman Islands and we've worked with a number of different entities and different capacities. And then I've got Lisa over here with me as well, Karolima. Hi guys, my name is Lisa.
I'm a mathematician and a data scientist. I have been extensive experience in professional services and development. I have been managing large teams across multiple jurisdictions and backgrounds for a very long time. I've been involved in crypto since 2014.
being from a mathematics background, I really like the white papers and all of those fun stuff and I jumped at the opportunity to be one of the executives at Lima when we decided we would like to fully commit to the dial space. All right. Thank you. Is there um since um we've got both
to view there from that account. Did you guys also want to just follow up real quick and give us your three minute intro to your unique bid and highlight here for the community why we should be voting for you guys? I'm going to take that one. This is Eddie speaking again. So autonomous lemma and proven and soba teak web three focus
our service providers, the founders and our respective team members are all crypto-native with institutional backgrounds from large, well-known and regulated firms as we all laid out to our individual intros. We're multidisciplinary in that we have experience and finance accounting legal compliance information service
investment management, data science and mathematics. And we've been working in the space for many years with specific experience in the dial space and their underlying foundations. So we've been a prominent group of individuals helping drive the ecosystem forward in the Cayman Islands across government that's regulated
and the various service providers based in the Cayman Islands. Our joint offering via each of our birds is full service in that we cover finance, project management, grants, governance and compliance, all the key aspects of administrating and decentralising a DAO and its underlying foundation.
We are a Cayman Islands-based firm, which we believe were requirements of the RFP. With our founders having been in the Cayman Islands for time periods between 6 and 15 years, which really highlights the breadth of our experience and in the connections that we've developed in the Cayman Islands.
We don't outsource any of our services. The scope of our services are 100% completed by our firms by the founders that have just introduced themselves. While our three entities are unaffiliated from a day-to-day management perspective, we do have a longstanding track record
of working together homeruniously in the Cayman Islands and be covered by the scheduled questions that we're going to go over after this introductory point. While we are full service individually based on our understanding of the results of ARP 183
which was the departure of the previous administrator. We believed that a core concern of the ape community was decentralisation, avoiding a single point of failure, risk and cost. Thus, we purposely compiled a joint proposal which better serves the
and then remove that single point of failure. And we further believe that having three service providers in a joint bird helps ensure segregation of duty and it results in us holding each other accountable as many of the day-to-day tasks would overlap between us. We have the necessary resource
resources and capability to begin the scope of work today without the need for ourselves and we commit to the timelines that have been requested in the RFP. Finally, in closing, the two birds are equally priced and we trust the birds will be voted on based on the individual merits, the relevant experience and the
strength and decentralize in the Dow and its foundation. Thanks very much. All right, thank you for introducing your whole team there for us. I want to just move on quickly to the Web slinger team. Matt, are you going to be doing the three-minute intro here for your team and give
us how to play it on why the community should be building for you guys? Yeah, absolutely. I can take that one. Thanks very much. So yeah, it's a matter, you know, head of the web slinger and crates bridge consortium. We feel that you're really getting the best of all worlds with this combination. From the Crest Bridge side, you're getting
a solid administrator with tremendous background in administration, CFO, function and functions, which has been deeply involved in the digital space over the last five or six years. Cresbridge has got all the relevant licenses, it's a fully regulated
Entity in Cayman, it's part of a group which has been established for more than 20 years. I myself have actually been working with Crestbridge for over five years now. I've been a customer of theirs because they were the administrator for my cryptocurrency hedge fund, but we also set up what I believe is the very first
came in Foundation company for a crypto project. So back in 2017, Cresperi Jam myself helped set up a foundation for a very innovative project which was looking to crowdsource data through zero knowledge proofs. And then in addition to this solid background which is fully
regulatory compliant. You have web-webslinger. We're all web-three builders, we're investors and administrators. So we're really in the trenches, we're with you on this journey. I've invested in numerous early stage web-three companies. We really committed to this space and our goal
in this, in bidding for this really is to help the community on this journey, on this path to further decentralization. So in a perfect world, our mandate will reduce over time significantly. And I think that we have the capability really to help each of the working groups as you go on this decentralization journey
we're really there to support you during this transition and then there to be a sounding board for whenever you need it. I think sort of worth pointing out that we all have, you know, a deep experience in all five areas of the verticals that we've requested on the RFP. So our consortium is
seeking to fulfill all the criteria for all five areas being finance legal compliance, treasury and operations and just sort of the highlight on the compliance side in a Chrisbridge has their own internal compliance team. I was a general manager of a small
investment bank, we had about 30 people, about 1.5 billion in assets. I've also got very deep experience on the Web 3 regulatory side. So we can really guide you on that side as well in terms of as you increase the scope of what you're aiming to do, we can really assist in terms of compliance
with US security's laws. We work very closely with your US legal advisers, for instance, have worked very closely with them for the last four years or so. We're ready to start immediately. We're, you know, WebSlim is a came-and-based company. We have two staff here currently. Chris Bridge has
I think over 12 staff here, at least 12 staff here, and we're fully, you know, fully, you know, came and based entities. So I would leave you with, you know, I think the best of both worlds, and that, you know, we're deeply committed to the space as investors and supporters, and we would like to assist the
community in every way we can on this path to decentralization. All right, Matt. Right on time there. Thank you for introducing yourself and the press. We'll warm up here with us just to get into some of the general questions.
We've got a short list of some generalized and then a little bit more specific questions that we want to get into here with the panel of vendors. And then we want to leave the rest of the time open for the community to kind of come up here and ask questions. So I know this is kind of a bit of dense information, but if you guys are having
questions pop up in your head during the stage or you know throughout this conversation again you can throw them in the bottom right corner and there's going to be time here at the end for you guys to come up on stage so we'll bomb go ahead. Thank you lost and thanks to all the bidders for making us available so first question
and I'll put the first one to the PAL Consortium when were your companies created? Sorry, the PAL Consortium that hats our internal acronym for Providence Academy
autonomous and MLAVA. Perfect, love it, thanks guys. So I'll just answer all three companies to make a simple. So from our side, Providence was started Q1222 and then Lema and autonomous were both Q3, Q3,
2022. Awesome. Thank you for that. And so same question over to the web slinger side. Right. So I'm Matthew. I'll take the first one on web slinger. So it is a fairly new company. It was fairly new space. It was actually incorporated in May 2022, but really has
There's only been, I would say, very active since September, October and I actually moved to the island specifically to really be able to support our organisations. So that was really when we really been active since September, October, but created in May. And perhaps I can move over and it over to John to talk about Crestbridge.
Yeah, so press bridge has been in the Kim and Island since 2015, but it was founded in 1998, so the firm has been around for 20 plus years. Great, thanks guys. Okay, so another question for both sides. I'll start with WebSlinger this time.
So, Timat or John or Paul, tell us about your work in the DAW space. Have you provided admin services at this scope to other DAWs before? And if so, can you disclose any of the other DAWs that you work with?
Yeah, again, maybe I can kick it off as a Matt here and then head over to John. So I think, you know, we're currently working with about five to ten dows. I think that our philosophy, by the way, is not to scale this dramatically. You know, we want to be able to provide good
services so you're never going to see us being directors for 20 or more companies in this space or providing admin services for more than 20 companies. So we're currently at 5 to 10. I would say in terms of in the trenches experience which I think is so valuable. Paul and I are essentially running
actually on prime. So in every aspect of that, which involves running a Dow, Paul and I are sharing those responsibilities. So very deep industry experience with that particular project and I'm currently working with 5 or 10 Dow.
John maybe you want to give you the Cresbridge aspect as well. Yeah, so I would say the numbers are similar. We work with around $5-10 right now. We tend to provide services that are sort of 14 or what we're excellent at. So compliance operations, finance,
That tends to be what we provide to the community right now. And in terms of our offering, we've got Matt and Paul who cover off the other bits and pieces as they're 4K. So it all wraps up together quite nicely.
Great, thanks guys. So, same question. We'll ask the other team of bidders now. So, autonomous and Lima provenance. Can you tell us about your work in the Dow space? Have you provided administrative services at this scope to other Dow's before?
And if so, can you disclose any other doubts that you've worked for? Yeah, definitely. So from our side, at the moment, we've got four engagements that are sort of a similar size and complexity as this one. And then we've got multiple others where we do ad hoc services based on the specific doubts needs. And then, I mean, this ranges
over gaming, DeFi, NFT, different projects. And then over the last two years we've been very closely involved with multiple projects, over 30 different projects where we've sort of been there from day one all of the way through. So starting up the foundation, running the governance, setting up the governance, community guidelines, all those kinds of things. So
Over that time, we work very closely with one of the co-founders of the autonomous team as well. We've really seen all of the issues. Funny little things in terms of how voting is structured, how you word things, all of the way to when you do your KYC, etc. So we've seen a lot of these issues and that's one of the reasons we actually created this.
separate companies because as the directors that we saw all of these problems, we also saw the need in the space. I mean, we've all sort of seen the different service providers and the need for new service providers. And that's why we then set up these different entities to provide specific services and then also work together on engagements just like this one.
Awesome. Thank you. Just a reminder, I noticed a lot of new people are in the room here. We're going to have a period of community questions coming up, not too long from now after a few more specific questions that are being asked by the stewards.
So there will be a chance for people from the community to come up and ask questions. So get those ready. Go ahead and ask them. You can tweet them out in the bottom right corner as a reply to the room. And otherwise, I'll pass this over to bad teeth to ask more questions. Thank you, Will Bam.
morning everybody thanks for being here. So I had a couple specific questions just related to each of the individual bids and I was going to start with web slingers. Ape Kondow is a diverse community and we notice that you've introduced a lot of men in your organization. Do you have any women among your advisors or executives?
Yeah, it's a good question. I think obviously WebSlinger is a fairly new company and we are talking to a female advisor right now, we hope we'll join this week, but I would say that I'm deeply committed to this space if you I could brief you on something my personal philanthropic and investment activities
which are very focused on women empowerment and so forth. So it's something as you see us grow and scale the business in Cayman, you're for sure see a much more diverse team. That's from the web sling of standpoint and Chris Bridges' course, it's been in Cayman quite a while, it's a very diverse
company already. I mean, John, you feel free to chime in there, but it's already a very diverse company. So big personal commitment from me to, it's for more diversity, but I think Chris Bridge has already a very diverse company as well. Yeah, I mean, just some high level numbers, I suppose, in this office, there's 15 people.
Fiverr guys, tenor women, four of those are managerial, two are executives. That is great to hear. Thank you very much for some clarity there and your commitment Matt. The next question I had was for Lima and can you please tell us why your website isn't up and running yet?
Hi, you know, we have the option to create like a quick and dirty WordPress website, but we decided to go against that and actually spend the time to create a brand we were proud of. We got a very cool marketing
agency to help us. Unfortunately this is taking a little longer than anticipated. Lots of back and forth in a few delays but we're very excited. It should be done in the next few weeks with a very cool logo or new website and a completely cohesive look.
Thank you. I certainly understand how those things run long sometimes, so appreciate the clarity there. I'm going to pass this back over to Lost, I believe, for the next portion of our discussion today.
All right, are we through all of your questions already now that quick? That was the ones that we had for today. Yep. All right. Well, we wanted to open it up here for the community if anybody from the community wanted to come up here and ask any questions.
also have Vera and Bored H.G. while we're waiting. If anybody wants to request, we'll see that and we'll accept you up here. We'll see that.
through this process, Sarah? Yes, they're all amazing companies and I'm really looking forward to hear more that how they're going to serve a very web-3 native community and super looking forward to work with them.
All right, perfect. And board APG, did you have anything as well? Just any opinion, any personal insight that you wanted to share, just having met all of the vendors here? Yeah, and it was great. Connected with the
I'll leave you again. We connected over the last month and a half over the year. So I'd love to hear from each group. Since you know that our vision here is for further decentralization, what do you think are the challenges?
challenges that are what's most significant challenges we're going to be facing and how can you help in that vision for us. And either one can go first.
I'm happy to jump in there. So I think your community is actually extremely mature. We've worked with a lot of different teams and terms of figuring out governance, working through the whole process. You guys already have a really good governance structure. I mean, the process that it flows through all of the checks, etc, is already bolstered.
in. So I think that's the good news that that is already there. I think this point that we are at at this moment is sort of that next step in decentralization. I know from dealing with regulators and different individuals, one of the arguments is that a lot of DAO's are centralized. If a lab
entity disappears or a service provider disappears that Dow wouldn't be able to stand on its own. And that's sort of one of the arguments that we're trying to now work against so that if, for example, one service provider disappeared, that entity would be able to still run on its own with Foundation Company. So I think that's sort of the next step and the next
challenge to face. And I think one of the things that you guys are already doing is getting community members in. So those working groups are actually really good to do that. And then having a council to direct, everything is sort of that other aspect because you need someone just making sure we stay on the entire community stays on track.
Just a comment from the web slayer friend. I think I agree that the acumenity is pretty mature when compared to other ones that we've seen so far. But really the one point that I would point out here is that
your community is very unique in the way it does things. So I think being flexible and helping and working with you guys to set a lot of the frameworks and how you would like to do decentralized is also very important, right? When you get to a point where it's not only about the administrators, obviously the administrators have a role to
play, but really setting down that guideline, that framework so that the rest of the community, each of you can actually take up the flagpole and run with it, but still be compliant and still have all the protections that we kind of support in the background.
I'm not seeing anybody requesting or jumping out at us here to ask any questions. We do have another set of questions here prepared already that we can run through. So just kind of giving you guys, giving
you guys the opportunity again here. If you guys wanted to get up here with us, I see a lot of people in the audience that are really daily and active here in the DAOF. You guys, you know, how do you questions or anything you wanted to share, you're welcome to join us. But otherwise, Bob, I'm going to throw it back to you if you want to jump back into a couple more
There we go. All right. We got we got grumpy up here. We got SSP the grumpy gorilla. I think we have a question. Yes. Good morning. Good morning. Can you hear me? We can hear you. All right. Thank you. Appreciate that. Having technical issues this morning. First of all, thanks for putting this on as a
with the special council and the stewards and bringing on the vendors. It's actually very interesting to hear from them directly as opposed to reading all the proposals. And my main question that kind of jumped out based on an answer that was given this morning is the following.
And this actually is a question for the stewards more so than the vendors if that's okay lost. The table that the stewards put together in snapshot basically said both these vendor RFPs
are pretty much equal. They gave equal points across the board except in one category. And that category, it tipped over into web slingers' favor, which said knowledge and skill requirement and work experience. And then this
morning what I heard was WebSlinger saying that they're a fairly new company and I was just wondering am I missing something? There's a disconnect between giving them the edge on work experience but then they're saying that they're a fairly new company.
I think that that's actually probably better answered by the bitters themselves and one of the one of the other general questions that we had Was specifically about when they got started I don't know if you heard that part of the the discussion earlier No, I did and the but then you know
He also did say they're fairly new. I was just wondering because when I heard some of the intros from the collective, the pal collective, the mathematicians been this in 2014 and it felt to me like well that work experience
should have counted much deeper than maybe what the scorecard says. Now again, that's why I was saying this is more of a question of what did the stewards read into that that maybe I'm misheard of misunderstood in today's conversation.
I can jump in here. So SSP, thanks for the question. When we were awarding points in the knowledge and work experience and that part of the evaluation, we were
looking at a few things we were looking at, like experience working with DAOs, like Web 3 experience specifically, and we were, we also considered the amount of time that the entity
had been set up and came in as you said. So in our understanding, web sling area is a fairly new entity as almost all of the entities with the exception of a Crestbridge who is the finance entity that
they're working with, who's, you know, they've been around for 20 plus years. So that was part of it. But I think really a larger emphasis on our end was on experience working with DAO's experience in the digital asset and Web 3 area.
So, you know, given that a lot of the entities are all, you know, created in the last couple years with the exception of Crestbridge, you know, it wasn't just about how old are these organizations, but more about what's the experience of the individuals who are working on them.
And not just general experience, but specifically, DAO's Web 3, in men's services, that type of thing. >> Wabam, if I may interject here, this is Eddie from Autonomous. And just respectfully saying yes,
We agree our entities are relatively newly incorporated and operating in their capacity, but we've already discussed that we have several engagements of a similar scope, SARS, where we're doing these services already. It's also important to look at our previous
experience in the same way you've just mentioned for the others. So, you know, we have affiliated firms where we've been providing services in the Cayman Islands for multiple years. You know, both of us have been in the space multiple years, we will, the
one of the first movers in the directorship space providing those services to thousands of foundations that incorporated in the Cayman Islands, which has so far been the favoured jurisdiction. So while our firms haven't been doing the specific finance function for
years we've been involved in the fiduciary and governance layer for many years and have been a leader in that space, you know, the founders of our companies. So we are very well versed in what it takes to incorporate a dial and its foundation, what goes into running one
the governance of it and everything that comes with that. And then beyond that, you know, I'm a self, I was a director at TPMG for 11 years. I am very well versed in running the finances of a crypto fund and what goes with that.
So that's obviously very relevant experience and we could go through each founders' previous experience and provide similar insight into their specific areas where they are specialized and how those are actually applicable to the Web3 ecosystem.
I mean, well, maybe I can also make a couple of comments. I think, you know, perhaps we've even underplayed some of our personal experience in this space. My own, my own, you know, commitment to this space. I guess I brought my first big
2013, participated in the Ethereum crowd sale, which we created probably one of the first compliant investment vehicles in Canada at that time. It was very small, as you can imagine, but we invested about $250,000 in those instruments at that time.
have invested in numerous Web3 projects, so deep commit to this space. I'm part of a company called Protoss, which is a crypto hedge fund. I co-founded YoLo Bill
which has invested I think in a dozen early stage Web 3 projects last year and so forth and obviously deeply involved in the parallel echelon prime project as well. But I think if we also look a little bit at our written proposal which perhaps is a bit
long to read, but we also emphasise our deep commitment to finding a framework to really work with the community in this decentralized process. So I think if you look at our sort of proposals for a step one, a transition and stabilization period and a step to decentralised and comply,
where we would establish a framework for decentralized operations and then the third phase would be optimised and automated. So really, I guess the big message is, you know, deep commitment to this space. We see our role really as guiding you and helping you on this decentralisation path and working
will be setting up. So again, our goal would be to reduce our role dramatically over time as you further decentralize. That would be a perfect result for us. So I think perhaps we did under sell our deep experience on the web through side.
All right. So thanks, Eddie and Matt. SSP, does that fulfill your question there? Does you feel like you've gained a little bit more insight as far as their experience here? I actually got more insight for sure, and I appreciate both sides. I'm not sure if Matt necessarily undersold.
What we're offering, I think my whole thinking, just this is for the community in general, is on snapshot, it's our own fault, too. Folks tend to follow whoever's kind of in the lead, and I just feel as though we may have done a disservice
to the PAL consortium if we already kind of tip the scales right at the bat. And that's for us for future learning as we go through this process again. But I do appreciate both parties coming forward and giving their peace. And so I appreciate your community stage they lost. Thank you.
Appreciate you coming up here to ask questions SSP and yeah, we do appreciate all the vendors here taking the time to meet the community and answer these questions with us as well We are definitely a room full of apes here. We're doing our best to behave but you're certainly here in a room full of apes What on the
you want to bring up, I think we had Miss Nifty wanted to come up. Yeah, let's bring up Miss Nifty for the next question. We may need to drop SSP down to bring her up. Oh yeah, sorry, Gravy, do you want to step down because if we kick you out then you won't be able to join the room back. So you want to step down so we can
Bring Miss Nifty up here to ask some questions. Did it work? I still see him, but maybe if you invite her up, it would work.
I've never actually have I left a space naturally before I think you could just click exit you think you just click leave up at the top right yeah you got it you got it you got it um in the meantime but like that's quite another quiet
at least potentially to other jurisdictions, other institutional custody providers. So I'd love the community just to learn from you directly what your experience is in that matter.
Did you want to start with Matt? Sure, sorry, the question was in terms of treasury and diversifying custody. Is that the question?
So to protect you right now everybody knows about coinbase prime which is the institutional custody for Coinbase like there are and we potentially want to move to other jurisdictions. So just it's not all going to sit at Coinbase prime.
I know I've asked you individually or in our RFP calls, but it's just been great for the rest of the community here. Everybody's experience. Yeah, we certainly have also experienced a coin-based prime and other providers. Maybe Paul, I could switch this one to you.
you've got the deep experience in this place. Yeah, so other providers we can probably use in the US's Anchorage. That's one other that comes to mind, but I think in each jurisdiction we probably need to take a little bit of a deeper dive if we're talking about
Asia and its jurisdictions, likely Singapore, could be an area that we can custody some of the assets over there, have a couple of connections over there where we can already speak to day one
to see where we can custody those funds as well. Yeah, I think our, we've got good experience with Anchorage and Coinbase for sure, but I think we would hope to help the community on a further diversification away from that.
All right, and Eddie, or I see, let me patch you guys over there and when you guys have a different take there for the question. Yep, they're definitely happy to take this one. I mean, we've sort of felt a lot of different communities to think through this one. I think everyone at the moment is sort of cautious with centralized-action risk and counter-portees, just given what's happened to lost the
I think all of this got gone through it. So what we've seen, NPC solutions are actually a great solution. With an NPC solution, you can build in really institutional label controls, so fire blocks, those kinds of projects. Fire blocks actually just went through the cryptocurrency
security standard ordered as well where I sit on the steering committee. So, I mean, we can sort of, we know what standard they've been tested to. We've helped to configure and set that up for different communities as well. I mean, for community that also works because you can set up smaller wallets with smaller quirums and you can really work on that treasury. Fireblocks also provide
other services and I mean you can mix that up with other solutions, no safes and option and then centralized providers, I mean Zodia is a new regulated entity in Ireland. I know in Asia there's a few brand new sort of entities coming through as well so it's pretty much a process
just working through it and then trying to diversify your risk. All right, thank you. Ape GZ is that satisfying question there? Yes, it does. I guess it's missing a few back on. Otherwise, I'll save my question for later, but thank you both on that again. All right, yeah, I think I think Miss Nith is up here. We're getting the hard emojis. We're about to
get some real ape energy up here. Miss Nifty, did you have a question for the other panel up here? Hi, happy Monday everyone. I'm so happy to tap in. Thank you for allowing me the space to get up here. I don't know if you guys touched on some things in the very beginning of the spaces. I jumped in a little bit
late so please forgive me if you guys have already covered it. I had a few questions. One, sorry my dogs are out here. I'm curious as to how each of the vendors may feel or not feel that they are innovative and they
are on top of the new and upcoming tools as they evolve and how they may impact us as a DAO. There are various vendors that can provide services, but are you and how do you see that you're researching or in the mix of things to present new tools
to better service the Dow as we grow and as we evolve and we, you know, as a brand are like the hot, you know, brand name and we're in the mix of things and we want to be cool and we want to be innovative and seen as like a rising star in the Dow space, not just in the, you know, NFT world or
you know, in that space. So what are some ways that you feel that you provide that service or that benefit to your clients and your customers like us? Maybe if I may jump in on this one. So, Nifty nice to meet you.
First of all, I, so for me personally, I'm a builder. I was born and raised software engineer that's kind of how my background came to over to the web 3 space. But if you're talking about being innovative, I don't know if you heard a lot of the things that I used to
do was for TradFide to build patents. And building on that, I think innovation is a core kind of advisory service that we could do, but product advisory and innovation advisory. But I'll give you more an example of something that we've poking, being poking around within the background. So
If you're talking about NFTs and you're talking about the Web 3 space and how does entertainment evolve from here and how do we take some of the great things that you guys have already put out there and how do we take those and maybe perhaps make them composable with each other. So if you imagine there could be
an 8 movie or there can be like a Netflix episode and all of those things all the apes that you have collected and you finish and go through the episode and you've proved that you've finished the episode you can collect more things
or you can even have some of these really amazing experience where your ape can be a part of that webisode or that Netflix episode. So a lot of the researching and some of the really innovative stuff we can poking into as a team as side kind of ideas, but we can also
to bring that to the table as well. And I want to just tap in on this for a second because I definitely when I'm talking about innovation, I'm referencing the technology and the tools that we use to administer the DAO. It can make things a little bit easier and
And make you know how today everyone is like the nouns down the nouns down the nouns down Okay, nouns down like it I want it to be a coin down what the fuck are they doing like they're doing some new shit We never even knew this technology existed on their back and for them to be able to facilitate this and this and this and that and so I just yeah with
love to know that as a whole are going to be making our own mark and paving the way that other people haven't even seen the problem solving things that you guys or whomever we're working with will be able to bring to the table. So you know, the rest of the industry on their toes, if you will. And yes, it's a collaborative
But we also just don't want to implement the old shit all the time. That's what I'm asking. Yeah, absolutely. And I think from that engineering perspective, we have you guys back on that. So if you needed to look for any new ZK
stuff that needed to be rolled up. If you needed to look into L2s, if you needed to another way to vote with quadratic voting as another kind of mechanism to balance things out on the on the downside, absolutely can support you from the engineering front.
I like that. I like how you made that phrase. If you need anything, ZK rolled up that I think we're making stuff up already. There's the answer to your question. Did Eddie or did somebody behind the Lemma account? Did you guys have a different take on the question there? Yeah, definitely. I think you jump in here.
I mean, your question is really specific around governance and the tooling and because we set us directors on the lots of different foundations, we actually see a lot of the new things that are coming down the road and even seeing on other chains what they're doing. So, I mean, we deal with this a lot and actually think through governance specifically in terms of
how are you going to do the governance? I mean, voting is always an issue. So new ways of doing voting, allocating votes, having categories of votes, all those kinds of things. So I think specific to the governance side, we see a lot and we actually work with teams to work on solutions, think through what's your community's specific
problem that you're facing because each community, I mean some people have dialed, you know, while some people just have low percentage of participation. So we're really working with people through that. And I mean, there's some really cool stuff out there. One of the really cool ones, I mean, this is public, that's the cool thing about this space.
is everything is public is where you can do retrospective grants. So if someone's already done something really cool, you can recognize them for that. So small things like that, but a community loves that when you're able to do that. I appreciate your answers here for us. We're
Coming up here at the top of the hour, we do have one more request to come up to ask a question. So I think if we can get through one more quick question from Rich Class Decor, Rich Class Decor has an AIP up right now currently on the forum, as well on the forum.
wanted to ask any questions these posts are still open so you guys can read through all of the vendors different bids and you can ask your questions there on the forum as well and you can throw them here in the bottom right hand corner so I think we're missing if we could have you step down from the stage we'll bring up rich class decor
Can I ask them really, really, really quick or not? Otherwise, I'll put it in the train. All right, let me look how quick is it if it's quick. Okay, very, very quick. You guys may have touched on it. Have we had any conversation about any
relationship between the whales and the vendors? No, I don't think we've touched on that at all. No, yeah, we're just hearing the dogs.
Yeah, I don't think we've touched on that at all. I don't I guess that's pretty quick did I guess we can Sorry, maybe we can just make this super simple do any of you guys know any of the whales in the community if you do just say yes now. Let us know
Yeah, kind of thought so. All right. Yeah, Miss Nifty. If you can jump down here so we can get rich class decor up here, then we'll get through another question. We do want to make sure that everybody knows as well. We're going to have the vendors join us again Wednesday at 3 p.m.
and it's going to be 6 p.m. Eastern Standard Time on Wednesday here at this account as well. We'll do a follow-up stage. If you guys come up with any questions, if you guys listen back through all this dense information and come up with a question, definitely join us again on Wednesday and join us up here on stage and feel free to put it to the panel of speakers.
Voting is live now until Wednesday. You've got until 6 p.m. on Wednesday. If you guys want to get your vote in you're welcome to abstain. But if this is you know too much or too dense, but definitely you know try to take the time to live through the different administrators bids here. Welcome up for its class to core. Let's let's hear it.
Thank you so much for having me on this stage and it's been a privilege having feedback from you yourself, Pat Teeth and so many people who suggested on the forums and I really appreciate that the community as the Dow Council is helping me to go through the
the AAP proposal for our AAP coin carpets. And as a vendor, I feel that it's actually quite easy to reach out because as a company, we have been trying to reach out to other, what to say, projects as well. But I felt that the support from the AAP coin community and the Dow members
have been really helpful in navigating like what is better and what is not better to do to do something for the ape coin community and it is not just for the NFT it is for everyone who has got the ape coin and you
utility being that it can be bought with the apes only. So I think that is cool when I was listening to Miss Nifty and I heard that it's good to have a collaborative thing together and so far I felt that you know the members SSP
like four or five guys have been really, really helpful with putting out the revised proposal. So I just wanted to know how do we get the official permission because I know that the logo is very, very important and as it should be.
And so my question is like, what is the timeframe I can expect for the grant of the permission so we can make something really awesome for the community. Yeah, definitely, Riches, Rich classical, I appreciate your question and we're happy to follow up with you.
on discourse from the forum. But right now we're sort of looking to direct questions to the panel of speakers that are up here with us right now. It doesn't sound like you necessarily have a question that you wanted to address them with. So we're ready to wrap up the stage. I want to respect everybody's time. We don't want to see everybody here longer than
they were expected. I do want to give you guys the opportunity, you know, since you guys did take all this time sort of doing the back and forth with us and going around in a circle up on stage. Did you guys want to just share anything personally here with us and we'll give you guys the opportunity. We can start with ReVis start Paul your first on my screen if you guys
wanted to share anything on behalf of the web thing. Yeah, I just wanted to thank the Lima and the autonomous and the PAL group. I don't think we can say this enough, but they're an awesome group. So, you know, whatever the community chooses,
That's most important for this is whatever the community needs. And for us, we're here to support you guys and to be flexible and really just to get the stuff put up. So that would be my personal comment. Thanks for what just echo that as well.
from the autonomous side and just as in closing from our perspective, we've kind of made a public who we are in our proposal if you go into the PDF, happy for anyone to reach out to myself. Or James mentioned in the proposal and will field any
questions you guys have just feel free to reach out to us. I appreciate your openness there. Did anybody else matter Jonathan? Any of the speakers behind limit? Did you guys want to share something here too? No, certainly from outside. Thank you very much for the time everyone really enjoyed the questions and the interaction.
And I mean, same to, I mean, Paul Matt, we've crossed paths within different other projects, etc. So happy to have been able to do this with everyone. Absolutely. Same thing as the British should from provenance aside. Very happy and it's a great experience. Thank you guys.
All right, so, oh, sorry, good. Oh, just Matt here again. Yeah, just thanks for running a great process. I think it's very impressive and delighted to participate.
and the pal guys and girls, we know them well, it's a small community here and we're very happy to work with everybody. But yeah, thanks for running a great process.
All right, so yeah, thank you to all the speakers up here and thank you for you know putting forward proposals and you know going through the past few weeks of interviews with us as well through Working Group Zero to kind of understand the scope of work here Quick reminder to the community as well. There's a bunch of fake links going around in the comments section of all of our
are you go ecosystem post so don't click any fake a coin link that's pretty much all of them so don't click any links in the comment section don't click fake links don't click links don't click links we've got another one of these stages coming up Wednesday at 3 p.m. pst and also just a shout out to the special
So we got Vera, we got Bored Ape G, and we got Jerry there behind the 8-point handle here hosting for us. So thank you for that, and thank you for your time here with us as well. And thanks for helping move the Dow forward. It's a new era here for the 8-point Dow. So definitely take the time, read these new, read these new
these new administrators proposals, get your vote in, we got a fresh start coming up here for this community and we'll have another stage up on Wednesday if you guys want to come up here and ask any more questions. So, leave it at that. Thanks for hosting as well. We'll bomb a bad teeth. We're good to close it out. Jerry, let's, let's rug it out.