BackBone Labs Cosmos Weekly Call

Recorded: June 13, 2025 Duration: 1:17:54
Space Recording

Short Summary

Exciting developments are underway in the crypto gaming space as Dungeon Chain prepares for its character NFT mint tomorrow, alongside a strategic partnership with Prism. The community is buzzing with anticipation for the Soul Token launch and the innovative SCAR campaign, which promises to enhance user engagement and rewards.

Full Transcription

Thank you. Thank you. Music Hey guys, you know, just waiting for Holly Folly and hopefully Dungeon Chain to get in here.
Calabi, do you want to come up and talk while we...
I just pinged Holly right now.
I don't know if you're available.
But there's a lot of stuff going on.
And, yeah, I mean, I just watched this thing with Prism.
There's just so many things happening in the cosmos
that we want to be participating in at Backbone
and being on the forefront of with our communities.
And so, you know, this is a weekly call for updates, but definitely if we can get some, if you guys don't mind, if you would retweet the space.
Because other projects that want to come up and share what they're doing are welcome to do so too towards the end.
If we do this efficiently and quickly, you know.
Let me see what's going on here see you right now oh fear got you you there hello hello can we hear me yeah yeah loud and
clear loud and clear brother how we doing good good you know you were in that you were in that that little prison uh
tour two right now what they got going on is uh it's pretty exciting dude with the alliance module
dude yeah yeah yeah they're you know i love the fact that they're utilizing uh you know do kwan's
last last thing mingle lunatic hey what's up brother You want to come up and hang out with us right now?
I'm still waiting on some other people. I don't know what
your schedule's like, but you're a good talker.
Let's see if he wants to come
hang out for a second, too. And then we'll
get into this. You know
he does. Come on. He's not sure.
He might do it. He might do it.
Let's see. It's 10 a.m. Pacific Standard Time in Los Angeles. I hope everybody had a good week. As ever, I got to be honest, like the cosmos, the playing field, the playing field is always is always is always shifting and moving.
always uh is always uh is always shifting and moving uh that's one of the reasons why you know
that backbone has been designed uh the way we designed backbone is kind of uh we kind of see
it as like a like an ultimate l2 right we're providing real structure real services for real
culture and activity but at the same time you know now we're trying to find a way that um
where we're extremely diversified i think, is the backbone kind of mission.
I don't know.
I tried to invite him up a couple times, but maybe he's having some type of problem.
He gave a thumbs down and a cry emoji, so I think maybe he can't come up.
I can't do it.
All right.
Maybe he's at work or something like that.
All right.
Well, I'm not sure where Holly Folly is at.
He was supposed to come.
They have a new main character Mint coming out for Dungeon Chain.
In the thread of the post for the space, they show a guy playing the game on a Steam Deck.
We show they show a guy playing the game on a Steam Deck, you know, so the fact that the Web3 game is now starting to be integrated into handheld devices to me is extremely exciting.
And yeah, I wish I don't know why I don't want to do these dudes around.
But you know what? Aside from that, though, we have our own pretty big news. So we started to work. Thomas is going to start to work on the collection offers for the marketplace.
So that feature becomes available.
We think that's definitely something that we need to have in the marketplace.
Octane is almost done. Yeah, so I'll just give you guys a little backbone updates.
almost done yeah so i'll just give you guys a little backbone updates octane is almost done
with the with the with the interface for the decks to be uh integrated into into the backbone site
uh which would eventually which would mean and sun setting the white whale site um and you know
it's going to be a very straightforward swap and a very straightforward understanding of the lp
it's been my gotta I got to be honest,
right? My experience, like I know everybody's always super hyped up on like the next greatest
decks and the most efficient pool. But as a participant who does LP, it's not been my
favorite experience because, you know, what I'm getting out and what i'm getting putting in it's
not always uh i find it not to be a good experience i just want to say that i think
actually the xyz pool is uh i understand the mechanics better i feel the community understands
mechanics better it works really well uh for for what backbone's trying to do and so we're almost
done with that front end,
and we're going to get those contracts integrated,
those DEXs integrated into our site.
And again, you know, so we're getting ready to do Soul Token.
And to be honest, there's been more interest in Soul Token
of, like, where it's going to live than i've i've kind of expected it
there to be i was like oh okay so certain people you know certain possibilities of where soul token
uh could could could end up living um there's three there's three places that seem pretty
viable and um and so hopefully um we have a bigger announcement about exactly where the house
of soul will reside.
But we're really excited, to be honest.
We're really excited with the energy that, you know, Magmar is generating over at Atom.
You know, we're really excited with what Prism is doing and Mr. Refractor is doing over Prism.
We're really excited for a lot of things.
You know, we're not participating yet, but we're excited for what Ruggiero is doing.
We're really excited for – there's just so many things in the cosmos that Backbone sees that's happening.
We're excited for Akash.
We're excited for – there's just so many things that are popping off that, as a community, we want to be a part of and we want to build culture for and expand to. And so as this thing has evolved for Backbone, right,
so we, over these last three years, you know, we,
I don't know if you guys haven't been here with us on this whole journey,
you know, we just kind of started from a wrecked NFT community
of lunatics from the skeleton punks.
And eventually we just kept assembling products and kept growing.
And we've kind of, I think it's kind of becoming a co-op, right? And eventually we just kept assembling products and kept growing.
And we've kind of I think it's kind of becoming a co-op.
Right. So when we launched this token, this soul token, you know, we've committed because we've we've we've gained some real assets. We have DEXs and validators and we have marketplaces and communities.
And now we want to become a co-op.
You know, we're always I think the mission for us at Backbone has always been like a communal earning paradigm.
And we see that there's a way to, you know, capture some of this energy and activity throughout these networks and to really put it to positive use and share it with a community that's interested in building value together.
Right. So once again, you know, that's, that's the mission for soul.
We have a partnership with a prism that's about to go live. I'm looking at the staging event.
We're going to do the scar campaign. I have a medium article all written up that will be posted
later today. It's way more, it'll, it'll explain it way better than me trying to explain it.
If anybody has questions,
hey, Galactic Mining, Fox,
anybody want to come up?
Because I don't know where Holly Folly is.
He wanted to talk about the game
and a bunch of stuff,
but then I don't know where he is.
You know what I mean?
I don't know.
I'm going to invite some people up right now,
so I'm not just talking by myself.
Cali, you got anything to say about all this stuff that's cracking off in the cosmos?
Everybody's dead.
Sorry, it cut out for me for a little bit.
What was your question?
No, no, no.
I said, do you have anything to say about everything that's going on in the cosmos?
I mean, I'm personally super excited with what's going on.
I mean, prison, the more I use it, the more I'm just like, dude, yes, it's complicated.
But trust me, people are going to use this because there is money to be made.
And you just got to spend a little time looking for the opportunities.
Noble, Rujira, Rune, everything you mentioned.
I mean, yeah, there's a lot of like global macro stuff,
but I think there's a lot to be excited about
and also like how you and BBL are like kind of
coalescing all these different communities together
to like engage in these opportunities,
I think is pretty exciting. I've spent a lot of my time like on, on Prism these days,
just trying to learn and learn and learn. But yeah, I, I think there's a lot of potential. I
mean, there's, I think that's, you know, I think we always keep on saying that, but I think there's
legitimate teams that are building things that generate revenue.
I mean, Prism's set to do three million annualized revenue, Akash, revenue positive.
I mean, you know, crazy to think that like making revenue actually makes sense instead of just building cool shit and trying to figure out how it makes money.
So I think some teams have kind of like figured that out now.
And they're like, okay.
And then Magmar, you know, there's, I think he's a good leader.
I think I would not want to be in that hot seat.
That's a big community and a lot of burden to bring on.
But I think he is laser focused on with the EVM implementation.
implementation and then, you know, sitting at the threshold of IVC being coming, what it was meant
And then, you know, sitting at the threshold of IVC being coming,
to be, to be a truly cross-chain value transfer protocol for the Web3 internet.
Yeah, I'm actually really excited. You know, the team, the team, you know, the team, that team is
kind of still like, has some of i feel like a
little bit of terror magic i don't want to be too nostalgic but that was a product that was
highly successful on terror one and they've taken it and really expounded upon what uh their their
mission is and it is a powerful tool to generate oh my my net Netflix just did some weird shit in the background for no reason.
That they've developed a powerful tool for, for like, not just for, for seeing, for creating these
opportunities to capture, you know, where there's like differences in, in, in value, right. And now they're putting it, these tools at the the in the hands of like people who are like us easy and it's easy and it's there right and it's it's gamified and so you know one
of the things their token's about to go live and i was just talking to their founder and uh we're
going to deploy a grave digger there so we're going to be able to make b prism and uh they're
going to make a pool a pool for us and we're going to get an NFT community ready for a grave digger over there
because there's a bunch of games that having another LST provider in their system
is really net beneficial to what they're doing.
So there's just so many fun synergies.
And then with Dungeon, they're going to have also, like, in-game purchases,
and we're going to set up a deck for them.
Like, there's so many ways that I feel that we are starting to, like, really come together
and do fun shit.
Oh, Dungeon showed up.
Oh, yeah, what's up, Holland?
Hello, hello, hello.
Yeah, how's it going?
Yeah, you guys.
And also, the Dungeon account I just signed in on is, hopefully, Zan will come in in later but i just wanted to make sure we use the you know the 30k followers whatever to help
boost the space so we want to also talk about the mint especially because that's coming up
in just a couple days right like i think this is really important it's coming up yeah yeah man it's
coming up directly it's coming up tomorrow right like tomorrow afternoon uh the character nfts will be minting so we want everyone to come check that out um we're gonna
you know probably have another space around that time too but um basically for for dungeon like
we've been on a a tear i think right like it's been project after project after project like
the first thing we did was ashfall and then then we, like, with Backbone, got the chain all aligned and you guys integrated into it and everything.
And then, you know, dropped the Cosmic Quest game.
And then we dropped, like, immediately a month afterwards, Dragoon on Dungeon Chain with Backbone.
And, you know, people are playing a game that gets updated, you know, on the NFTs.
Like, this isn't really, like, like backbones at the cutting edge you're updating
nfts in games right and um and we're really excited because now we're we dropped like the
game core which means you can play the game right it was 10 bucks to play the game um and you get
to have like you know your little dragon you're fighting you get your weapons upgrades and it's
it's a it's a crazy like shooter game it's really it's a real game we had another team of people
worked on it like it's uh i don't know it's it's it's a lot of fun you should check it out i know i think we just saw
jack ruby posted a link of him playing it on uh one of his little steam pads i guess it's kind of
like a switch but it's like from steam um and then uh other people are playing with you know
the joysticks and stuff and um but now the character nfts are coming the character nfts
you know are basically you get to update your character.
You're going to, you know, have a certain character that matches your NFT.
You'll have dragon and rider and, you know, you have certain weapons and stuff.
Like there's going to be a lot of fun that can be done to personalize with the character NFTs,
which was really adding in the crypto part, right?
So the character NFTs are going to be 25 bucks.
I think we're going to work on having a whitelist.
So anyone who has the, um, the core game NFTft so they already own dragoon as a game the cartridge
then they can whitelist for a certain amount of time maybe like 24 hours something uh they can
whitelist for 15 to get the the character nft which has all the add-ons and everything like
that so we're a little special for our core fans and stuff but so i don't work out details but um yeah man
i i wanted i wanted the dragon team to be here like because it's popcorn or uh you know uh john
uh demon gun and stuff like that but um i don't think they can come in and speak on behalf as
well but um i mean like literally making three games there's another game coming out in a month
right so called ginsha um So Dungeon and Backbone collab
has been like accelerated pace, man.
Like from what I've seen with our,
you know, our devs on Dungeon's side,
working with Thomas and the devs on the other side,
it's been pretty seamless and fun
and actually pushing crypto further.
Like what's going on with NFTs and games?
You know, there's some, some awesome,
cool new things that are happening.
I don't know if I had any questions on that,
but that's my,
like first breakdown,
like tomorrow,
like please buy the character NFT.
If you don't already have a cartridge,
go buy that for 10 bucks.
Then hopefully it'd be,
hopefully tomorrow you'd be on the white list
because the snapshot will be taken tomorrow.
and then those people will be able to get the character NFT for that reduced price.
We're trying to make gaming and crypto fun.
And, you know, the hardest part for us is, like, we're a self-funded team.
So we need to sell these NFTs in order to create next games, right?
And one of the big things that we have planned now, I don't know if you guys saw the announcement,
is this thing called the Dungeon Arcade.
And so after we do Gensha, what we want to do,
but we need to get enough funds to kind of finish off,
is create an arcade where there's a lot of little games that you play,
but you actually use Degen, right?
Also known as Dragon Coin.
Sam would kill me when he called it Degen,
but, you know, all those Dgens love calling it that.
The Dragon Coin from Dungeon Chain will be kind of like the currency that runs the arcade.
It's kind of like you're playing quarters,
the slot machines,
just playing different games
and you're going through it.
It'll be this fun little arcade
and parts of our games that we have will come online
and then hopefully other ones will be added
as we add new games.
And that's the third tier
of what I'm trying to get going now
is trying to get ways of bringing in revenue
to create games to add to you know the
arcades but also to intersect with our world because we need funding to pay for those games
so i'm trying to think of like getting nft communities who have you know they want a game
maybe we can pay the team that we have we've been developing a bunch of awesome little game makers
to create a game for your nfts right and you pay a certain fee that helps us pay the devs
and we kind of you know create a
partnership type thing so there's lots of ideas going forward um thanks for the time i i love uh
you know co-hosting the space too so i don't want to always just be chilling but i do want to
represent dragon and dungeon right now because we're really excited what's happening um we're
having what's you know i'm excited about what's happening in the whole Backbone community as a whole.
But that's the latest update.
Honestly, I just love what you guys are doing.
I love video games, first off, so that scratches that itch for me.
But again, it's about supporting NFTs that really do something, not just for at Backbone.
We really do try to focus on the NFT-fi and GameFi and NFT-fi are definitely like peanut butter and jelly, right? I think that, you know,
we're just starting to scratch the surface of what's possible. And, you know, another thing is,
is that if you have game ideas, like you should talk to them because these are the guys who can
help make your game idea reality. That's what's occurring here, right?
So it's not just about, you know, marketing to other NFT projects who want to get in a game.
But also, if you have a game idea that you want to see on the blockchain and you want to, you know, participate, Dungeons is a chain to do it on.
You know, this is why they built their own chain.
They have control over, you know, this whole universe.
And I'm just really
excited you know thomas again he loves games and i think him and john have got on so well that's why
you know we he did so much stuff on our end to accommodate for the type of metadata that's needed
for the game um and and again it's just it's just fun to watch you know when people start having fun
even though that you know i'm not going to lie.
Thomas works until like 3 or 4 in the morning almost every night.
We worked it out how much we actually get paid per hour, and we were like, oh, let's never do that again right now.
Let's never – we're doing it for friendship at this point.
I mean, fuck. No no i'm just joking but
you know what i'm saying like what the he loves we love what we're doing and i think it's starting
to show and um and again you know we're all a part of you know it's not just gaming it's not
it's not a singular thing anymore where you know i think it's really important and you know dungeon's
very atom aligned backbone has a lot of atom alignment. Now we got to find a way to really come together to like create these like, I guess, more important events.
Right. These like, you know how I mean, we've been through enough of these now that when like when when you're trying to do something and you try to do you try to walk that path alone, it's very difficult but you know when when you have a few people and you get an inception point of like products and ideas and energy like you know that's how we spark like this next wave
and like we have you know everybody in the cosmos always crying that oh there's nothing happening
that's not true like you know like dungeons cracking backbones cracking prisms cracking
you know adam's starting to crack again like stuff's happening you know i'm saying like
shit is cracking and if you want to participate um you know get come come participate come participate make make your make your money not
make your money smart money not not dumb money not dumb money it's not dumb money man that's right
no i think about the atom alignment too like we're seeing like everything's kind of like the cosmos
has obviously been hit like all the world right now um with the btc dominance and we're we're seeing like everything's kind of like the cosmos has obviously been hit like all the world right now with the BTC dominance.
And we're kind of just waiting. Right. And it seems like a hub is starting to become a bit of a magnet.
We're realizing like a focal point and then kind of it's its own ecosystem.
So I love how we're starting to see these pieces come together. Right.
And the different groups across the cosmos, I guess, starting to look together, connect.
Obviously, we've been doing that for a long time.
And I think what's cool about Backbone is,
you talked about Terra earlier,
I think a lot of the Terra ethos is kind of in this kind of,
you know, armada, as I like to call us.
We're all running our own ships and kind of, you know,
going on our voyages, but coming back and getting together,
like on our little pirate island or whatever, like, uh,
I feel like we represent something very important to the cosmos and people
keep talking about how, like when Terra collapses, when cosmos collapses,
there's a connection, right. And bringing back the two together, I think,
you know, uh, realizing like, Hey, we got Adam, we got all these different,
um, you know, kind of key sub communities that are Adam aligned.
Let's try to figure out how do we work together.
And we've got a whole fleet together right now with these NFTs, the Grave Diggers that are happening from all the different chains, GMC.
So there's a lot of connectivity, right, in the whole cosmos that we represent a bunch of that cross-pollination.
and a bunch of that cross-pollination.
We all find out each other connected from different places.
We all find out each other connected from different places.
You know, when Galactic Syndicate went to Inge,
that was a whole huge wave, I think,
in showing what can happen when we do these kind of outposts together
as a bigger community armada.
So, yeah, it's exciting times, even though it's hard times.
Like, I'm going to say that to everyone out there right now.
I know I put a post up.
Like, it's not really fun right now in the alt season.
And, you know, like trying to sell these NFTs for Jagoon I'm going to say that to everyone out there right now. I know I put a post up. It's not really fun right now in the alt season.
Trying to sell these NFTs for Dragoon in the middle of a downturn.
Like, oh man, the worst timing possible.
But on the other hand, we're selling an actual game.
And you can modify your game.
And so hopefully that will realize this is about the community and the culture.
We're trying to build that all together right now.
And the fact that I think our community, the various communities that have kind of turned into the centrifugal kind of black hole of a sort of
coming together um we have a strength right so there's a there's a cross-pollination that's at
a high level so um let's just keep pushing that's what i say like we're here to build right let's do
it all right dude you're to be so fired up.
I love it when you go, bro.
I'm like, it's exactly what I'm trying to say.
That was perfect.
That was perfect.
And let me see.
Who else is here?
I see we've got Mining up here.
We've got Syndicate up here.
Do you guys want to share any of your news that's happening, either account or just listening?
Just doing all the walk of claim stuff.
Oh, yeah, yeah.
Get ready for some Bitcoin rewards.
I think Seabot just dropped some and I'm doing all the data right now.
Love hearing Holly does hype everybody up, man.
I mean, dude, that guy sounds like he's on a three-mile run
while he's trying to tell us all what's going on right now.
Like, he's hoping it out there.
Thanks, brother.
Going to run all the way down to Florida, man.
Love you, man, dude.
Galactic Mining is always excited for Dungeon, man. Love you, man, dude. Galactic Mining is always
excited for Dungeon, man,
to see what you guys keep building, man.
Your games are awesome.
Glad to hear you guys are
going to be rocking some DGN in the marketplace.
Definitely
consider USDC as well
for buying items
and future games and all that.
That way you could do some revenue and some buybacks.
Teams got to get away from, in my opinion,
got to get away from selling their own tokens.
So make sure you get alternative revenue streams.
Well said, man.
That's exactly what I was realizing with this gaming thing.
It can be a little indie company. if we we talk to some different nft groups and stuff
they can put oh we can put this much more towards it we'll put this much towards it do a game
together you know it's not it doesn't need to be lucrative in order for it to be you know effective
and positive and then eventually what i would see is like once the whole general atmosphere picks up
then all the communities rise together on that. We've already built some material there, right?
It's like, there's utility for the different NFT communities.
And there's, I don't know, it's, it's,
there's a lot, a lot that we can do in the process.
And what you guys have been doing the same thing,
like you're doing your outposts, right?
On Rooji and you guys got so much going on
in terms of community building, right?
Like it's, I think we're really lucky to see what we have right now
because then once the things start running again,
the whole economy and everything,
then we'll see those chats feel like they used to be, right?
And I don't think that's going to happen.
Yeah, I mean, you got to just keep persevering
in these little times.
It's so weird because we live in the cosmos over here, all of us,
and it's like such a downturn of what...
Bitcoin's over 100K.
We should all be freaking still happy as shit.
I mean, when did most of these projects start?
40s, 50s of Bitcoin?
You know, a year plus ago?
Year and a half ago?
It's like, dude, we should be excited as hell.
Hey, everybody who's sad is because they didn't buy any Bitcoin when it was like...
They didn't hold any Bitcoin.
They didn't stack that.
They didn't follow the GMC motto here.
All right.
The BTC dominance chart is a trail of tears for any old.
we did our own thing too,
You got to support,
you try to support the,
the cosmos and everything.
And it's not knowledge. USDN, you're involved. I mean, you can go play the scar campaign. You try to support the Cosmos and everything.
Gnolice, USDN, Mjernvold.
I mean, you can go play the SCAR campaign, the Prism campaign.
I mean, there's tons that go have fun.
You can go play games.
I mean, that's all coming out now.
I mean, that's what's really coming to the table.
But if we talk about the past year, it's been, like you said, like a trail of tears.
Hey, it's all here and ready for everybody
everybody that comes late to the party,
right? Now we've got gaming
in the cosmos.
You know, I'm ready for
experience.
All these connections we're building with each other,
the biz dev side of it.
I mean, Ophir is running a validator.
Talk with JG and BBL.
They got us into the Graves Digger set for the Skeleton Punks.
I want to kind of talk to the DAO and see if, well, with that delegation, we could figure out,
hmm, we're making this
much off of that. We could then basically allocate some Ophir to that and bring in and engage a new
set of like participants and add that as a reward bucket to skeleton pucks. Like, why not? Can't say
that's going to happen. I got a question for you, Calabi. Yeah. Where's Ophir going?
Well, let me, can I take a little time,g and give some updates is that okay yeah of course of course we're just yeah do your thing brother yeah um yeah so i mean right
now we i went took the validator school highly recommend it if you're looking to get into
validation and it doesn't matter what you know level you're at in terms of like technical stuff,
they'll teach you.
And they did a really good job
and we got into the active set on Luna.
So, I mean, right now,
I think we're in a hunker down phase, right?
There's things we want to build,
but right now it's like,
okay, let's get our operations in place.
Let's start making some DeFi yield.
Let's not grow outside of our means
and let's not pay our stakers in our own token or pay team in our own token. Let's generate USDC
yield, have stakers earn on that and work with what we've got and just slowly scale.
The Terra validator is live. The primary strat with that right now is to offset, to get into the profitable phase,
is to supply B-Luna Luna liquidity on skeleton swap on TLA to offset the cost. And once that's
done, continue to do that, but then utilize that on Prism because we want to hit the photon campaign
hard. I want to be in the top 50 with the Ophir DAO
on the leaderboard to gain some traction,
trying to build up our social rep.
And then ideally, I'd love to go to Dungeon for validation next.
And basically, I kind of see Ophir as not just like a DeFi powerhouse,
but like a liquidity powerhouse.
Like, hey, we're not just going to dump your token.
We'll cover our costs.
We'll build some liquidity.
And we're like them.
Hey, we could use those rewards and bring it, create a Luna DGN pull on Terra and bring
in all the Terra people.
You know, so there's a lot of things.
And then big, I mean, when we can get to a spot where we can rebuild and re-dust off redeemable contracts and bond, I think I'd like to do that.
And also look into NFTs as a subscription model for our product suite.
But that's a long ways away.
and applying it to DeFi, where you can either pay to play and get better rewards,
or you can engage to play and you earn XP.
And it all gets tracked with your Ophir Citizen NFT.
This is a big idea, far away from it, but just kind of where I could see us going.
So that's just kind of roughly...
Okay, I didn't mean it as, as in that,
but that's great news.
I'd love to hear all that.
Chain going.
Like where are you,
where are you going to be at?
our home is.
So right now our home is on the hub.
Probably going to stay there.
did you guys move to the hub?
You got it. You got to take, yeah. You've got to take your
Oh, I missed all that.
Yeah, you've got to take your Ophir,
got to move it to Osmosis,
and then you move it to the hub from there.
It's an easy process.
At first it sounds confusing, but you can do it really quickly.
What's the channel?
What's the right channel?
I just posted it in the nest.
You can check out our Ophir migration guide. If you have more questions,
feel free to DM me. It's all there.
I have a good amount that's on Osmo that I don't know the channel on the
advanced thing.
I'll get you taken care of today.
I think it's channel zero, right?
I think it's channel zero.
Okay. Okay. Okay.
I'll send a one.
Where we'll end up finally will really depend whether or not the cosmos hub engages the token factor or not because
there's a lot of things we want to do but we're in this awkward double wrapped token that i mean
it can work but i there's a lot we want to do but kind of don't want to do until because we're at
this clean state with the token where it's like okay if we don't do much with the token right now and we wait till either they have the token factory model, we can do a pretty clean migration or possibly.
Now, are you guys that now do we just send it to the Cosmos hub and that's it?
Or do you guys have a new do you guys have a new uh do you guys have a new dower or
anything yeah so we're totally we're totally migrated to the dow uh to our doubt on okay
like all our basically we redeployed everything we control our validator through our operational
uh sub dow i mean everything's set up you over technically earned you it earns you usdc right
now if you go stake it um you know the more people that migrate over i mean it'll start to dilute but
it's about one and a half to one and one to one and a half percent trying to get it to two to three
um so yeah i mean any questions that y'all have anybody who if you are older please reach out to me and happy to go over any
specifics sweet sweet good deal man i'm glad to hear it
i was just going to say like when are you when are you going to get some miners
so what's that so when are we going going to partner up and get some miners together?
I mean, that's also still on the table, too.
I think we would love to do that.
Definitely need to look at, like I said, definitely don't want to scale.
So the balance between what we do and this world of crypto is a lot of it's been like, let's be the biggest, baddest thing right away.
And then the reality sets in like, oh, shit, that requires a lot of work and all this upkeep.
And like you scale too quickly.
So a lot of work and a lot of money.
Yeah, exactly.
Like this shit ain't free.
So but I think that what you're talking about, we had discussed it previously before, like some things had transpired.
All the chaos happened, you know, when everything was gravy and we were all uh you know everybody was happy because everything but
i think that would plug in very well to our uh our system honestly maybe we could do an nft around it
and some kind of i don't know it's worth exploring further yeah yeah i i think so i think uh gmc's
uh vision in the beginning too is almost uh you is almost hook up with DAOs and stuff like that
and see what we could do because we have the connections.
Well, and guys for y'all, man, like MBTC.
And already the KYC element and all that.
So for people who don't want to do all that crap,
we can work together and try to figure something out there.
I think that's still a possibility, you know, for the GMC and other projects that, you know,
want to do it.
You know, just got to make it sensible for both sides.
That's it.
That's one of the cool things about GMC
we've got to say,
because we were kind of complaining
about the GMC dominance,
but I mean,
that kind of shows that GMC itself
saw, you know,
the importance of the BTC
as the center of crypto
and you guys,
were quick on it
and able to create this community,
which I think,
was very prescient.
So that's,
now you can build all these things. Like you said, you have relationships with these different groups and you can, it's which i think you know is very prescient so that's uh now you
can build all these things like you said you have relationships with these some groups and you can
it's because of uh you know how things have gone and hopefully when the alt run comes
you know you'll be playing both sides perfectly yeah that i mean that was hashi's uh vision there
i mean bitcoin i mean it's uh saw it a long time ago i think think that all stems because he mined for so long, like, out of his barn in upstate New York, right?
Like, he was running those machines.
I talked to his girl, and, like, he was, like, running those machines.
He had free power at his farm in, like, upstate New York, right?
And so he was like, well, why don't we bring this real money and share it with an NFT community?
And, like, you know, that was the birth of you know
this basically it's almost like a motorcycle club but for bitcoin and with nfts like you got your
patch and like you understand like what the mission is and like you it's you know it's not easy to do
these technical things together and it's a lot more fun when we do things together right i think
it's i think it's way more fun claiming my Bitcoin from GMC
than it is from,
because I don't know how to run Ant Miners.
I don't have 240 electrical at my house.
I don't have that stuff, right?
That's not what I got going on.
Yeah, but obviously there's a lot of people
that don't care about it.
If we can create something that benefits both parties makes sense. I think it makes sense. I mean, we talked about it in we can create something that you know benefits both parties makes sense i think it makes
sense i mean we we talked about it in the beginning you know back when i was just a community member
before i was even on the council you know it was uh you know mining as a service or something you
know trying to get along those those lines i mean we might not be there anymore because we're not
running out of a barn anymore we're running out of actual hosting facility that we pay fees for
and all that stuff you know uh just to make it a little bit more secure and everything like that
but you know who knows but i mean look how it starts i mean that's how it starts it just starts with like an idea and like and like some effort and then look where gmc is today right number one number
one selling collection on terra uh after the relaunch now now now killing it on osmosis
and you know with expansion onto rugira there's just the evolution of watching the people grow
and do stuff together
and support one another. Like that's, I love that stuff. That's what gives me the most energy,
to be honest. Right. And so I, again, I think anybody aligned with Backbone Labs and an NFT
collection, as long as they've done their due diligence as made out, you know, okay. I mean,
there's a lot of projects, know uh that are are just grinding
away you know you got you got us you got the skeleton punks you got now dgn's on board and
now you got a gaming community on there man you guys got to be stoked no honestly you're getting
ready to be on adam uh like that once that makes me want to buy some Atom again.
Well, I mean, more than that, listen, so we're getting ready for Atom,
and that's a locked thing.
We're going to have B Atom.
I don't know if that's happening for sure.
But we're also going to have B Prism, right?
We're going to have that deployed also soon too.
Yeah, yeah.
And we're also going to have – I mean, you know, we also have plans for BRI.
Like, and actually the BRI side, we have, you know, we're hooking up with the Onorise to do something over there.
They spoke about that in a different space earlier.
Yeah, yeah.
I caught the ass end of that uh one and that's that's
pretty cool i got my honorized i i do some gaming stuff over there too right so i got their own
little rpg yeah i know so again it's like there's so many sectors of the cosmos that are are doing
stuff that's actually interesting and and you you know, Backbone, you know,
we're looking to really partner with the people that we think are also putting the effort in,
right? That's what it comes down to. Let's support one another. If you can retweet this space,
we know that the Dungeon Mint is happening tomorrow. This is what it's all about. It's,
you know, this organic, organic energy. They've been killing it on crypto about. It's, you know, this, this organic, organic energy, they've been killing it
on, on crypto Twitter. You know, I, I was listening to the osmosis, uh, one of the osmosis guys,
Haru, you know, he has a great point. He has a great point about reaching new people through
TikTok and other forms of mediums. And, you know, the fact that, uh, the game is mobile friendly.
I think this is really important. And, you know, I, I don't, he you know i i don't he's not wrong
100 he's not wrong you know tick tock and like this whole other venture like that's where i guess
the user yeah you gotta get at you gotta find people that are in that comfort zone of doing
that that's where the users are right yeah i'm 41 years old i ain't touching tiktok
well look that's not a good thing evolve or die evolve or die that it did adapt or die that's the
lesson so so that's pretty that's that's when you get the younger kids to do all that stuff for you
man i was gonna say like speaking of dungeon we i think we have uh maybe zan up to speak
the doctor might be taking a little lunch break here. Say hi to us. How's it going there, doctor?
I actually had a new patient cancel.
So I got lucky,
I missed out on the early part of this.
It's all right.
we're just,
we're just chatting away right now.
We're just talking about all the different things coming up and,
and the game mint is the Dragoon mint is happening tomorrow.
It's right.
Start tomorrow.
And is there anything you want to say about it? know we were just yeah yeah i mean to us this is hugely important i don't know how much holy got to say but um if we don't do great with this
tomorrow we're probably going to have to slow down you know developing in some ways we've been
just accelerating and we're pumping the third game out
at the end of this month.
And we've got this dungeon arcade
hopefully going to be out in the fall,
but that's going to be the ultimate thing
for utility for the Dragon token
where people can actually just spend
their tokens to play games directly.
And there'll be different games.
It'll be more than the ones we have.
Instead of just, you know,
trying to own the NFT,
you can actually rent,
kind of like if you borrowed the game for a day or something like that,
just to try it out.
You don't have to pay as much as you would for an NFT.
But yeah, we're going to have in-game transactions in Dragon for like, what do you call it?
Cosmetic items and stuff like that.
So there's a lot of stuff we
got to get done but if we don't do well with this and i i worry because the market's pretty tough
right now it's just people don't have a lot of money to spend but um it's super important that
we do as well as we can so we can keep funding the gaming side so appreciate any support you
guys can give us tomorrow well why doesn't everybody uh go to the dungeon uh go to their
profile right now their pinned tweet go take a look quote it repost it like it do all the things
both for market if we all do that that's gonna definitely move some yeah definitely i've been
funding the team for a long time now myself and i just it's going to be impossible for me to keep
doing it and definitely i've the amount of money i've spent doing this is kind of insane so we we have to be profitable and raise funds from
something and nft sales is the only way we do it the commissions from validating it's it's not a lot
it's not enough to to pay people on the team to keep doing stuff well that's why we're working on
these new models of like teaming with other NFT communities
and people paying for parts of the game development and kind of partnering those things.
That's the next.
We want to make this as indie as possible.
We want to keep going.
Like we will, we'll make the arcade happen.
We just, like he was saying, we don't want to get too slowed down.
But that's the reality.
What Zan says is the reality, right?
That's part of this whole world.
But at least you can buy an actual thing
you're buying a game right when you buy nfts so uh let's hope uh we keep going man i i'm i'm pretty
i was feeling down for last week or two in the whole market everything and everything right now
i'm starting to feel bad i'm like i'm like okay we've been through this before it just said it
keeps coming right you think it's gone and it comes back another wave but um this this crew
here in this space right now, we're resilient, right?
And the dungeon community is resilient.
The backbone community is resilient.
GMC, like, so.
But it's just that we need to be there to support each other when the other one's slipping, right?
So that's what I appreciate about you, Zan.
When I'm kind of down, you're picking me up.
When you're down, I try to pick you up and push together, right?
Yeah, I've been killing it on Twitter.
I've averaged over a thousand replies
a day, um, for the last two weeks. It's just been, it's been, uh, pulling teeth just to do it.
Cause I'm, I'm working nonstop too. And I have to spend time with family, but, um, oh, demon guns
here. Sweet. Yeah. I, I really, I really just kind of wanted to say hi to you guys and, um,
thanks for everything you're doing.
And we've got to just blast this thing tomorrow.
And anyone that can help us get the word out will really help.
We've just got a lot of big things that we can do but have to make it possible financially.
I mean, you've got to be breaking even.
It just can't be the negative outflow like I exactly yeah right
like so it's like it can be a passion thing and we can do this but it can't just be a constant
that the doctors funding it for like the next three years can't happen I'll be divorced if we
can't happen that can't happen but again look here's what this is what it comes down to though
this is why it's really important that we're all coming together.
Chains, all these things.
We're not islands, right?
Like even Adam, all these other – like we're all a really unified community of Cosmos projects.
And so, again, there's only a few activities that are actually occurring.
And if you like to participate, please join us.
This mint will be happening starting tomorrow.
Hey, John, do you want to talk about the game?
Do you want to say some stuff?
I saw him playing on the Steam Deck.
He's speaking now.
I see you speaking.
See there?
John, can you hear us?
Did I get cut off can anybody hear me I think he's gonna try to pop back up again okay okay okay okay yeah maybe he got a little okay you got that
okay I might I see him as a speaker and also as a connecting. That's crazy. It was like two people. Anyways,
good old Twitter in the middle of a war,
I'm single-handedly overloading Twitter myself with all my GMs.
you've been really,
you've been really killing it and you're getting like,
you're killing it with verified,
verified users.
I see those replies that I looked at our metrics and I was like, oh yeah, we got a bunch of bots, but you guys have like thousands of real users.
Yeah, you know, I don't like to compare myself to anyone, but like Saga, they have $100 million.
They got VC capital.
They got 130,000 followers.
And my tweets hit four times harder.
Who's bragging, though?
No one's bragging.
No one's's bragging though no one's bragging no one's really bad
you gotta brag a little bit come on man you've been working hard yeah i mean it's been my my fingers are like ripped i have like no muscles anywhere else except for my my thumbs oh you
should come climbing with me dude dude that's all right can you hear me now? Can you hear me now? Hey buddy, how's it going bud?
You know if I'm not talking that my mic is fucked up,
I'm so excited.
So I just worked with,
Adrian from polarity flow and we've been working on the NFT stuff all
We've got character NFTs updating now with the core.
He has new,
you can like set up your buttons and stuff
um he made it harder so oh man we're so excited for tomorrow love it man and uh do you want to
give us a little background on the kind of the you know the technical stuff that's been going on as
you've been preparing for jagoon because i think some of our people like to hear that like you're
on the forefront of you and thomas together kind of aligning the gaming and crypto and a new way right so how's how's that been going oh it has been amazing
um i mean uh we oh my gosh what do we do what have we been doing so we needed um backbone labs
and thomas to create a little api for us i say little as if it's you know not a lot of really
intense work uh but to set up an api so that we
could like update the nfts on the fly in a way that you know stargaze just can't just can't do
like dungeon chain has to be different um for what we're doing uh and um yeah thomas got it spun up
and haven't had any problems with it since then um it's been just a matter of uh getting the game client to send
the requests with the right like json formatting and things like that and we started initially and
i don't know how much people care about this but we started initially with like full uh complete nft
metadata updates so that you would send a complete json object and it would just replace it you know
right then we've been adding features um so that we can
do incremental changes to individual traits of the nfts and so when we do an update we go retrieve
the data from the blockchain we check it out we diff it between our new update and instead of
sending the whole payload we'll just do like one trait but i just added a bunch of features where
um when you send the trait,
you can indicate what you want it to do.
So if you just want it to straight replace it,
or if you want it to increment it.
So if it's like gold or whatever,
they can send like trait update 100 with the operator being to,
you know, add it and it'll just add it.
Or if it's like a game setting,
like a configuration value that doesn't increment it's
like a you know binary zero or one they can send that and then have the operator be to replace it
it'll look at date strings so that if your video game data is like a um a date string so for example
with uh dragoon there's daily quests where you get like double experience or triple experience
sometimes uh and you can get that daily and so we're storing that as a date string so we validate that um it's just been so
incredibly flexible for us to work with the metadata on dungeon chain using the backbone
labs infrastructure uh to have our game do whatever we wanted to do and it's just been
fucking awesome that's what i have about that
we appreciate that because we don't we don't know technical aspects of it sometimes right and uh you're even there just the way you can you can help bring that speak into a way that we can
comprehend i appreciate that but what how you kind of really clear and kind of concise but also
open up you know some of the the world that we kind of, I don't know,
dream about a little bit. We dabbled in a little bit, but like,
this is cool to see like the blockchain is coming into gaming new ways and our
two teams like dungeon and backbone together are creating some new stuff,
right. And some new ideas. And so that's, I mean, that's exciting.
We're on the cutting edge of this. Like, you know,
we forget crypto still early. Right. And you're, you're, you've been a programmer for a long time. Like you coming in with your side
and your experience and now just kind of dabbling and connecting these worlds. Like,
it's been cool to watch how quickly you've caught on to how crypto works and then how you've
adapted and started using, you know, I don't, some stuff that from outside the crypto world
is helping us think in different ways.
So I don't know.
I feel like I'd love to be a fly on the wall
of some of your and Thomas' conversations, man.
It feels like the cutting edge of crypto
and gaming worlds right now.
Like, what conversations?
We were like, hey, Thomas, we need a thing.
And he's like, here you go.
It's been perfect literally since he delivered.
It's been absolutely perfect. What's been perfect literally since he delivered it's been uh it's been absolutely
perfect um what's been interesting for me i've been a programmer for a long time well i mean
i was a programmer and then i became a product owner and then now i'm a programmer again but um
so now that we're past the initial hump of like okay how do we just have it work right like how
do we have nfts that show up in a video game at all like to start
with like the the art that we got to show up in cosmic quest right with the card with the card
styling and stuff uh and so once we were able to okay we can show stuff in the game now how do we
update it and that was like pretty it's pretty difficult the first kind of iterations of the
updates uh and then it's like okay, exploring what can we do now?
How can we track stats?
How can we update them?
What can we do?
And now I think we're on kind of like the third generation of technical questions that I have to kind of marry game development with blockchain stuff.
So, for example, apparently in the crypto world, they give give a how many transactions are on the chain
right like just pure they don't care what the transactions are as long as they're happening
right well with cosmic quest um we you know i'm trying to think of how often it's not saved very
often like we don't have to update it very often because it's a card game and so after you defeat
a boss then you get some experience and you get a personal score and so it'll update maybe like once every like you know two or three minutes or something like that
unless you're some of our power gamers oh my god they like they can beat the whole freaking game
five minutes with some sick ass card combos they were doing like 15 000 damage to like final bosses
and stuff it's just it's just nuts what they can do um but uh so with cosmic quest it's like they
save every two or three minutes so with dragoon it's a little bit more rapid than that like you
play it'll save at the end of a of a level and at first it was sending you know the whole the whole
payload and so as we're starting to learn like what kind of metrics matter to tokenomics and stuff heading into our future games, we can keep that in mind.
Right. One of the limitations of blockchain transactions is that they will always take five or six seconds.
Just like no matter what, they're going to take between three and five seconds.
And if our goal is to generate a lot of transactions, how do we actually design games around that? What type of game can we design and create that kind of wants to save itself every 10 seconds or so?
And so that's where I think there's this interesting intersection of like game design to promote the blockchain with using the blockchain tech, but still having it be fun.
And there's limitations on kind of both sides and like figuring out where they meet in the middle.
And I think that's currently where we're at.
Like we've got the basics down and now it's like, okay, how do we maximize blockchain
Transactions every 10 seconds or so and finding a way for people to spend dungeon coin, adding
value or function
to dungeon coin.
Love it, man.
You got me inspired, because
we're building in the bear. When this stuff
is up and running and things are actually going,
this is going to be a natural place people just
flow into, right?
The fact that you've been able to
help connect these things, create actual
games, we're going to have a third game at the end of
July? Anyways, it's
I think at the end of June,
we want to have the beta start
with the core. We're all going on
vacation into June,
July, though. So I don't think
the next game is going to be
full launch character NFTs until the end of July.
So we'll do the beta test and then have that run for a month or so
and then do the character NFTs after that.
Yeah, I think the beta will be longer than Dragoon
just because we're all going to be on vacation.
I don't want to be in Yosemite while people's NFTs are crashing.
I just want to say really quickly from my side,
as a crypto guy,
I want to thank you and the gaming team
because you've brought in
that kind of gaming world productivity
and scheduling and stuff
in a kind of a haphazard
controlled by the market world of crypto
where things go up and down so quickly.
But by doing this,
now we're going to have three games out as a gaming company not many crypto companies can say like they said it on something they got
this done they got this done like i'm really proud of what we're doing i know we're indie
and uh there's lots of you know room to go and but i just want to thank you man for helping bring that
ethos into the crypto sphere because now like here here's a crypto company creating actual games
there's real games here we go like very i would just say, I feel really excited as a team because we actually accomplished something.
We've got this done, right? And now we want to go to the next level.
We want to get the arcade out.
We want to keep building and making partnerships and figure out a sustainable
model to be able to pay you and Popcorn and the game team, Josh.
So hopefully, you know, this will be part of that.
People get to know you and see, you know,
we're talking about funding developers and people.
We're talking about people who have a passion for this.
Like you have a passion for crypto and gaming coming together,
even though you're not coming from the crypto world.
Like this is exciting.
This is a new user in a certain sense, but you're a power user.
You're in the API creating like blockchain transactions
and thinking about how to up that stuff, right?
This is exciting to me.
So yeah, this is a big thank you from me
personally for all the hard work you put in man no problem and thank you um and it really is it
really is a partnership and a dynamic here where you know we're we're trying to make a fun game
but we don't know how to communicate it on our side unlike the gaming side and so getting out
into these spaces and talking to folks is, it's, crypto is very social.
It's like super social.
And in a way that kind of like, kind of boggles my mind,
like the number, like the spaces that you're involved in,
like, oh, have you talked to XYZ community
about the project you're working on?
And people start coming out of the woodwork
to try to support us and stuff.
So it really is, it's like two, and it's a world of chaos right it like makes my brain hurt it's like no i want i
want to list the tasks i don't want to know when they're going to be done and and the crypto sides
a little bit more of a of a feels and fly by the seat of your pants and stuff that there's a beauty to it right it's like beauty that gives me anxiety
there you go i like it beauty that gives me anxiety that's that's just like that's like my
wife no i'm just joking oh man it's gonna be good man and i really uh uh and i don't know if you
probably i'm sorry i'm
a little bit late probably already talked about it but you got to give us money people that's the
the nuts and bolts really is we want to keep doing this we've been working forever xanthar's poured
so much into making this work out and we're now at the point where we can turn the crank we can
turn the crank and produce a really cool fun game and an nft
collection to go along with it we have all the infrastructure now we just need to make it
sustainable that's really it and it we don't need a lot but it has to be more than nothing
you know we have to pay um you know adrian if we're going to be porting his games over and
adding nft collections to them and so it's a matter of, and I don't want to be like a shill,
but I don't really know how all this works.
But if I understand correctly, the real goal is to branch out
into more communities to get more people in
because we've kind of, we've saturated all the current folks.
Like, you know, just as far as like NFT purchase fatigue,
or, you know, we only have so many people
that can buy so many nfts and so really i don't really know how to ask for this help but please
help reach out to people who might be interested in these kind of cool fun little arcade games
um that maybe don't have a software wallet or like don't know and like help your friends create their software wallets and send them 10 bucks and atoms they can hey there's a different dynamic to this
mint john that i don't think that you're because you're new to this uh there's rarity to these
mints right so there's a scarcity to these characters yeah yeah right so so in the other
mints i think that you know it's been like, you know, we're not limiting how many people can buy the core game.
That mint will be on for a very long time, right?
Like, so that's one thing.
But then in this one, there is the dynamic of somebody who's going to say, oh, I'm going to speculate and I'm going to buy a hundred of these things because in six months they're going to want these characters later.
You see what I'm saying?
There's a whole different dynamic to this current mint that's about to happen yeah yeah so the the core nft
and that's what we're trying to you probably already talked about this too we're trying to
make both worlds happy like the gaming people and the crypto folks the gaming folks who don't
care about long-term investment or they don't care about the coins and stuff they just want
to play a fun game right and to do that that those are the folks who
are going to buy the core nfts or the people that want to join the beta like the early betas will
buy buy a core nft just to have like the cartridge and the character nfts are going to be um effectively
skins like with dragoon you have to do the void dragon i'm gonna i'm gonna mitt my ass off until
i get a void dragon looks so um the character nfts have their own
progression they're going to have some default weapons they're going to have effectively skins
um but the play to earn component i really think that if people took a moment to think about it
it's kind of cool where you mint out your you mint the character n NFTs and you hope to get a rare one.
That's kind of, I mean, it's, you know, that's the, that's like the lowest, like distilled version of it.
You mint, hope you get a rare one.
You hope you get a golden ticket.
A golden ticket.
And you level it up.
And then you turn around and sell it.
Like some, at some point, and that's the biggest component, I think the airdrop multiplier is the rare the is the the most rare nft that i think you own or that i think that's
how it works something along those lines xanther might have a little bit a little bit more on it but
um the the loot boxy feel of it that's kind of a necessary evil because we need money
uh is you mint until you get a really rare one,
level that thing up, and then you wait for
a Chinese whale to come along and buy it from you
for their airdrop thing.
That is the full
use case for play to earn
with Cosmic Ragoon. Or you hang on to it.
Get your own.
Or you hang on to it because your freaking dragon is the
white dragon that looks super cool.
And for the record, we take all whales uh japanese croatian american uh but we love our chinese whales in
the cosmos that's true um yeah and that's probably going to be the dynamic with most of our games
if not all of them is you buy a core just to play you get a character if you're
interested in um uh play to earn stuff uh and then then we're also probably gonna have more
collections in the future too like with cosmic quest i think we're gonna have gear like you can
you can get nfts for different equipment that will do stuff and then some other there might be like
features that are locked behind some sort of like
an nft collection just kind of speculating and and meandering about it i think at some point
in cosmic quest you'll have a you'll be able to have a party so more than just like your regular
generic like nft or something along those lines so maybe you can have more than one character nft
activated at a time but you might have to have a rare anyway stuff like that hey man you're giving us levels
upon levels so we appreciate it so that's a lot of alpha there we're gonna make sure i know dungeon
will probably tweet this out and say here's the alpha space like evidence we we are thinking
about this all the time how how can we we make character NFTs cool? How can we have our NFTs be more than just,
you know, a piece of digital art that's,
it has value because it's unique, right?
Like, no, it needs to have value
because it's gonna bring you value somehow.
You know, like we want you to be invested
in these character NFTs,
either because you think they look cool
or because you wanna level them up and sell them,
or, you know, you wanna level them up and give them to a friend as a gift you know um nice just thoughts
micro transactions as a gift as a jpeg you guys are on the you guys are uh uh touching the uh
micro transaction field with uh dgn. But I was telling Holly earlier
before Xander and you hopped in here,
you got to go with USDC transactions as well.
So it benefits you and DGN as well.
That's how we'll sell them for sure.
Mainly, like we don't want to sell Dragon
because, you know, people are already doing that and it's killing the price and we don't want to
be the ones doing that.
You want to buy it.
Cause you have no,
you have no inflation on your token.
we haven't.
I thought you didn't have inflation.
We have 10% inflation.
Proof of stake.
It's really hard not to have some inflation.
Otherwise there's no validator rewards.
I thought you funded the inflation. No no apr and that's one of the best things about
it is i got really good apr so if you're staking budget you're making a good now right now so yeah
oh yeah i probably want to drop it at some point and have a cap but it's not there yet but yeah
But yeah, definitely USDC, so you can do buybacks for your rewards and stuff like that.
I mean, giveaways, stuff like that.
You don't want people earning so much DGN or you're dropping so much DGN in these airdrops
that people can buy all these
microtransactions in dgn that doesn't affect the uh that doesn't affect the price at all you know
yeah that's a good point well the airdrops like i think people are so far have done pretty good on
like the last uh oh yeah people have done very well on the airdrops but you're right we don't
want to make cell pressure right yeah exactly. We don't want to make sell pressure, right?
Yeah, exactly.
You don't want to make sell pressure.
It's a weird dynamic.
Where it's like you want your token to be used a lot, but you don't want to ever have anybody sell it.
But you want to have a use for it.
No, but that's not it.
It's that you just need enough people coming into the equation to account for the inflation.
So there's a little bit of a balancing act that needs to occur, right?
So in an economy, because of the APY, right, we need to be constantly reaching new people
or gameplay needs to be at a certain threshold or increasing, right?
That's the whole thing about this economy balance
But so and that's what we're trying to achieve here right now is that's the beginning of this so
I I think personally I think probably should scale the inflation down a little bit because unless unless like I don't know what the percentage of stakers are
It's probably higher than 10 if your chain
inflation is 10 so our chain inflation is great it's like 60 or something like yeah yeah you
should probably wind it down a little bit because it'll still be really high right um that will help
and then the other thing is is that we know i've always forget to mention this but you have
these games these mints coming out but then we also have a
dungeon grave digger that's planned yes have that's coming out and i think that'll be you
know start to be able to get a little defy in the game fight that will be fun component uh you know
and i you know we're coming up on an hour and 10 minutes so i just want to do a quick a quick
recap so tomorrow the dungeon uh mint for their main character is happening starting tomorrow.
This is, you know, they also have the core game that's live right now.
If you haven't gotten one yet, you still have time to grab one and make that whitelist for this mint.
The other things that we have coming up, you know, we have the Boneyard NFT, Gravedigger on Chihuahua.
that we have coming up, you know, we have the Boneyard NFT, a gravedigger on Chihuahua.
That's happening soon. But, you know, I kind of feel like we're timing it more in line with
how they're timing their chain. They have that upgrade that just occurred.
Yeah. And they have that new product. I think it's
better to kind of sync these things up. You know, backbone, we're not trying to rush these
things. We're really trying to cultivate with the chains and the foundations at this point.
And then also, you know, Prism, we have our scar campaign.
I've seen the staging site.
We're testing the staging site.
So people will be able to earn their scars.
We're going to be doing two seasons.
That will start probably next week.
And again, each season's 45 days.
This is a long type of event.
So we have a Medium article prepared for that as well.
And again, we're really excited for their token going live and showcasing a lot of these DeFi tools in the cosmos.
Again, there's so much stuff happening.
So much stuff happening.
I'm really looking forward to the Mint for – what is it?
In Hari or what are you guys calling it?
I can't remember.
I'm saying it wrong.
For GMC on Ruji, we're going to be –
Don't ask me.
Bring Fox up here.
Fox, do you want to talk about your thing real quick,
or are you good right now?
Do you want to do next week?
No, I know we're running a little late on the spaces.
I just came in here to show the syndicate support to all you guys
and all the passionate builders.
But we can run another space on that.
I'm sure we will in the coming week anyway. So.
Yeah. Okay. All right. Well, we'll do that, you know, so again, you know,
we'll, we'll do a special one for that. Cause I think that's important.
You know, I really, I, I like Rooji. I like, I like what JP's doing.
You know, I, I'm a fan. I'm not going to lie. You know, he's, he's,
that dude's a Chad. That's what's up. Right. I mean, there's doing. You know, I'm a fan. I'm not going to lie. You know, he's, he's that dude's a Chad.
That's what's up.
I mean, there's no, there's, I got nothing bad to say about that guy.
So, you know, we look to participate over there.
We're going to support you over there, but on Backbone's schedule, you know, we're, we're,
we're going to be working on the collection offers.
We're going to try to get that up really quickly.
You know, then we have to start to think about how to participate with Adam. We have these grave diggers coming up on, on
dungeon, on prism, on O'Rai. We have a lot of stuff happening with chains and foundations.
And here's the best part. The best part is soul is coming soon. You know, when we took over from
Meegalu, like a month ago month ago I we're trying to get
this out immediately I'm not gonna lie you know we are having opportunities
presented to us where if we delay a little bit I think it's gonna be so much
more beneficial for everything that's occurring because where soul lives where
where we call our you know cuz backbones becoming like a co-op that's what my
my my vision for it is is how do we all do this and build value together from from this from
these suite of products right from these lsts from these validators from these decks is from
these marketplaces how does it how do we really um tool it so it's really benefiting the users right right? So the people who really want to be a
part of something that's of like some earning communal paradigm. So where that lives is crucial
and what can be offered in exchange. I mean, these are things that are being discussed and
I, you know, there's a lot of possibilities. So we're not trying to rush that right now,
even though as we're getting all these other pieces in place, everything is, you know, we're doing it as fast as we can, but we want to do it and land in the place that's really the best for the group, right?
One more thing that you keep missing here.
What is it?
Especially for Dungeons 2 Mints. You know, the...
God damn it.
What do we call that in the 10th?
The cartridge and the new Mints of Mara.
It earns you soul for minting.
Yes, 100%.
If you're a soul collector, you need to mint these goddamn things.
So, I mean, that's definitely a kicker.
Minting a collection on Backbone and trading a collections on Backbone,
these are qualifiers.
They have a pool of soul that they will be allocated in the claim for sure.
Thank you for bringing that up.
Yeah, good point.
So, minting the dungeon character NFTs gets you soul airdrop as well.
And the core game. And the core game.
And the core game as well, yep.
It's not just Grave Diggers and in the soul,
even if the collection's not a Grave Digger,
you're still earning soul for activity.
Yep, 100%.
Thank you for reminding everybody about that.
We need to make another Medium article article which clearly outlines the sole qualifying activities
I'll get that done. I'll get that done immediately
We've been just trying to kill it to get this scar campaign live with prism because their tokens going live
I think again, you know, there's some projects that I've been waiting and like kind of creeping in the background
in the background, they're one, man.
There are one man. I think when they go live, I think we're gonna see an influx of activity
I think when they go live, I think we're going to see an influx of activity because there's
a lot of powerful tools over there.
And we want to make sure that we're all participating and getting some capturing on that, some of
that energy, right?
And same with the gaming, right?
Like there's something, there's stuff that's lighting up that's real usage.
A lot of projects struggle to like really do something.
You know, that's not an easy thing to figure out.
I don't want to put you on the fence over here,
but with the whole Prism thing,
do you know anything that you could tell Prism OG holders of Terra?
Because it's kind of disappeared about the whole Terra thing.
Okay, so I don't know what you're talking about,
like a prism drop for Terra?
Is that what you're saying?
Correct, yeah, yeah.
I'm going to be honest.
I don't know what that, I don't have information.
No, I don't know.
But I do know, look, here's the thing.
The token's supposed to be going live in like a week,
and that's what everyone's been waiting for.
So once it's live
uh then there's a discussion to be had i guess right okay i i was hoping maybe you knew something
i don't know i know you're you're terror og too so i'm sure you had some prism
i i i probably would have a wallet that would qualify but you know i'm just at the point in my life where it's just like we're looking forward.
We're not looking backward.
We're just trying to – we're going to help them get this thing launched and up.
And then if that goes well, then we can get a grave digger over there.
We're going to have a validator over there.
There's a lot of possibility to participate and create energy with them.
And we want to support – we definitely want to support that. They're team that's we know look here's the deal i know that they're
not on the inside of any cartel i know where they came from right so to me i'm like okay that's a
safe bet again so sick of dealing with these like inside groups so um you know and again they have
a great product i just watched a demonstration in their Discord.
And if you're willing to donate a little bit of learning time,
you can learn some really clever ways to be smart with your money.
That's what's occurring there.
Yeah, follow, what's his name, Wealthy Luna.
I think it's Wealthy Luna. Him and You're My Boy Luna. You're Myy Luna. I think it's Wealthy Luna.
Him and You're My Boy Luna.
You're My Boy Luna.
Yeah, you're My Boy Luna.
That guy's killing it.
They've been killing it over on prison.
All right, guys.
We're coming up on like 20 past the hour.
I don't want to hold anybody hostage.
If anybody has any questions for any of the groups or anything you've heard,
please just DM or get in Telegram and, you know, we're all available.
And I hope everybody enjoys the weekend and we'll talk soon.
We'll have another space set up next week.
And again, the Mint tomorrow, SCAR campaign the following week.
We have a lot of activities.
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And have a great day, guys.
Have a great day.