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Base Community Feedback Roundtable 🟦 Hosted by @RachelOnchain, @QuigleyNFT, & @latenightonbase
Recorded: Jan. 8, 2026 Duration: 3:02:33Space Recording
Short Summary
In a recent community roundtable, crypto enthusiasts discussed the importance of constructive feedback and collaboration with the base team, highlighting the potential for growth and innovation within the ecosystem. Key topics included the need for strategic promotion of tokens, the impact of community sentiment on engagement, and the importance of funding for creators.
Full Transcription
you Thank you. Hello, hello, GM everybody.
Welcome in.
Happy Wednesday.
It's everybody tuning in.
Got my incredible co-host here with me today.
We got Quigley, we got Bill,
a bunch of our base fam tuning in today for this space.
And before we get started,
if everyone could just take a moment to treat this space out,
we'd love to get more folks in here.
We will be being joined about halfway in
by Emily Jr. as well, who'll be speaking with us.
So very excited for the space.
We've got a lot of feedback from the community
and people who have wanted this.
And yeah, really looking forward to the space tonight, guys.
Yo, what's going on?
Hey, Quigs.
How's it going?
You know, good, good, good.
Looking forward to having some fun conversation tonight, hearing some feedback.
Yeah, I think, what was it, about a week or so ago, there was just a lot of people sharing their thoughts on the direction of, you know, how things were going here.
And, you know, I thought it would be good to, you know, do a little feedback, you know, a little town hall kind of format.
Do a little feedback, a little town hall kind of format.
So I'm glad you guys picked up the signal and planned this.
Rachel, thanks for doing it, putting this together.
It's not easy.
People really do sometimes take it for granted how much work it takes to put these types of spaces together
and making graphics and reaching out and talking to your
community, talking to people to come speak, just all the planning and whatnot. So we appreciate
you for doing that. Thanks, Ben. Yeah, it feels like something that over the past week, it's
genuinely needed, right? And I see Callie here, we got Bill late night on base and base all might out
there is actually the one who inspired this conversation.
So he had mentioned he would love to see some sort of community roundtable discussion where people can share their feedback.
And I've actually talked to the base team, you guys.
And what we're going to do here today is if anybody has feedback, concerns, questions, anything that you want to directly make it to the base team,
I am documenting everything on this space so we can send it directly to them. concerns, questions, anything that you want to directly make it to the base team.
I am documenting everything on this space so we can send it directly to them.
And we have a member of the community team who's actually working on a report,
and this feedback will be baked into that.
So I'm really looking forward to this actually moving the needle and, you know, helping us have a great 2026 on base.
I'm so glad you're hosting this what's up everyone
it's so weird seeing quigley without like in his real form and quickly we've we've turned into our
you guys you guys are official official um no rachel i think this is gonna be a good space
and uh yeah i think the biggest feedback I have is for base team is the following tweet about DRB and send it to Elon.
Wait, repeat that when Emily Jr. comes on.
Oh, I will. I will.
But yeah, I'm sure we're going to hear about it.
That should be base's number one goal.
Just get Elon to tweet about DRB, please.
The trenches will be, we'll forgive all.
I assure you.
Short memories.
Well, I don't know if you guys have noticed, but I felt like this week, the sentiment has kind of turned around.
Like last week was pretty insane, I would say.
And this is when we came together to formulate this, right?
Me, Quigs, and Bill, I see all my laughing out there.
But here's how it works for me mentally.
When I see a lot of chaos in the timeline, it's like it's hard to aggregate that and actually put it into actionable items, right?
Because it's just everywhere.
It's flooding the timeline.
So us coming together in an organized, constructive way, I think that will actually help move the needle.
And I also want to set some ground rules before we dive in here because, you know, I've had some concerns from people.
Oh, this can get, you know, potentially spicy today.
So just to set some ground rules really quick, I'll actually use what Kali Crypto has put in our community chat because we're all about respect here.
So let me go ahead and pull that up really quick.
And then Kali, I'll also add you up here, our community manager.
So you guys, quick, quick rules, high level.
We want to put respect first on this space.
Support each other.
Supporting each other is very big.
And adding value in a constructive way when you speak.
Honestly, I'm not really into dumourism, bashing people or anything.
It's okay, I would say, to have
frustrations and have feedback, but let's do it in a constructive way, in a solutions-based way.
And yeah, disagreements are fine, but disrespect isn't. So if you've been on Bill or I's spaces
over the past year plus, yeah, we're not going to tolerate disrespect or anything like that.
So just wanted to clear that up before we get started here.
I think a good way to frame it is tough love, right?
You have feedback, good, bad, in between.
But, you know, we're all here to support and, you know, grow.
And so, but there's, you know, there's fissures, man.
There's things out here that people are, you know, wanting to talk about.
And we can't just sit back and pretend everything is sunshine and rainbows.
We've got to be able to talk about it constructively.
If you're passionate and you want to share your thoughts and you're frustrated, we get it.
We're all human, so feel free.
At the same time, it's not a bash know, we're not here to just bat.
It's not a bash fest. We're not here to just, you know, talk down on anyone necessarily.
Just, you know, put your thoughts out. Like Rachel said, I think it's really cool that, you know, they, the base team, you know,
agreed to essentially take all the feedback and, and, you know, you know, I'm excited to hear what they have to say about, you know,
what we talk about tonight.
So, yeah, no, I think that's a good way to frame it.
Absolutely.
And, Bill, I'm not sure if you have anything you want to add there as well.
And then maybe we could start opening it up.
Yeah, no, I think sentiment changes.
I think Friday, Thursday of last week, it was really, really bad.
Quickly, it just shows how things change in the space real
fast, right? And so there's opportunities. Now the sentiment's a little bit better. And, you know,
at the end of the day, green candles show up, but there's still a lot to be had because again,
not everyone likes creator coins and Zora and all that. So I think this is just a good open dialogue
dialogue, to share feedback, talk, and come together as a community.
to just share feedback, talk, and, you know, come together as a community.
Yeah.
And another thing I wanted to share is just the nature of giving feedback, how we can
give constructive feedback.
And I have three steps here that I looked up.
So maybe this can help us be more organized on this space.
I will be writing a lot of this down, documenting it.
So number one is going to be describe the situation and behavior with
facts only. So briefly explain like what it is. And I would say try to not use judgment with that.
Explain the impact. Maybe share how this has affected you, your team, or outcomes that you
wanted to have. And then ask for change or align on the next step. So invite collaboration and
maybe propose some sort
of solution. So I think, you know, addressing the problem and moving towards a solution would be
probably the best way to propose feedback here. Wow, I see a lot of folks jumping in here.
Can I give an example of what we don't want tonight? I'll just give you an example.
Yeah, go for it. Go for it.
Here's what we don't want here. creator coin suck and they're fucking stupid and nobody
should ever buy them or they shouldn't talk about them anymore don't we don't we we get it you're
frustrated we don't need that kind of that kind of feedback right now uh this is more about tell
us like just like rachel said constructively you know your thoughts on these things and and we're
happy to happy to uh package it up and share our thoughts and have a conversation about it.
We don't just need Bill.
Bill's a rugger.
We don't like Bill.
How's that?
Is that spicy, guys?
Ooh, that sounds spicy.
You know, I actually would love for someone to come challenge me.
It's funny.
Sometimes I get people to say whatever, and then I i reply i'm like oh okay interesting how about you come on a space
or stream and let's discuss this and then crickets crickets crickets yeah it's the space man it's all
good that that's why i do think that having these you know occasional sort of town hall
opportunities is really good and healthy because a lot of people say a lot
of things when they're frustrated. You'll see comments, you'll see telegrams go crazy.
Keyboard warriors.
Timeline gets all chopped up with people that are just there to honestly just be trolls.
So the conversation we're going to have tonight isn't about any of that. It's just real shit,
real talk. You don't have to pull punches. It's just real shit, real talk.
You don't have to pull punches. If you've got a real strong opinion about something, do it.
Put it out there.
But do it in a way that we can all move forward and have some growth from all this.
So looking forward to hearing from everybody.
I feel like we should just let Bill kind of go, right?
Just let Bill.
I feel like Bill might have like. I've kind of been watching him for a bit you know kind of boiling boiling over a few times so i i think maybe we i think what do you think rachel like
maybe kind of let bill do his do i would love to because i think bill has had the full arc of like
getting you know getting involved in the creator coin space and beyond.
But I do see a hand up from Callie.
And he's a builder.
And I know Callie's our community manager.
I don't know if he has anything he wants to add as far as respect or ground,
anything you guys, you want to share, Callie?
What up, Rachel?
Quigley, Bill, good to see you guys.
Doji, and I see a lot of legends that are popping in.
I appreciate you guys all pulling up, because this is a really important topic,
and we really want to get down to the nitty-gritty and, you know,
come with your concerns but also come with a solution or maybe an idea
of maybe which way we can go with this.
Before we get started, though, I mean, I see only nine comments.
We got to do better.
We got to do better.
We have about 40 people in here.
Let's get the likes going. Let's get the comments. Get the retweets. We got to do better. Let's we have about 40 people in here. Let's let's get the likes going
Let's get the comments get the retweets start tagging your people start tagging people that are definitely building
Maybe some creators and maybe have some concerns or maybe maybe have some likes right?
But I would love to hear from a lot of people up in here
so guys, please request the mic and I'm expecting there's gonna be a lot of requests
so if if be patient please with Rachel with Rachel and Quigley and Bill as well.
And Quigley, it's nice to see you, bro.
I don't think we've spoken since OnChain Summit in San Francisco.
It's a pleasure to see you, bro.
No, don't start with this.
I know.
Don't start with this.
Just kidding.
He meets everybody.
By the way, can I show my coin yet?
I'm going to.
Here we go.
Oh, shit.
We're going to never get over to you.
Rachel, I wasn't going to say anything, but she invited me to meet Anthony Robbins.
Oh, my God.
No, this is.
It's never ending, you guys.
I was like, I got all dressed up.
Me and Preston.
I got my tux on.
I'm waiting outside.
She didn't call me for like three weeks.
Oh, my God.
Here we go.
Every single space.
Then she gets her mom on a space to apologize to me.
No, Fiddy and my mom literally did talk on a space.
That's real.
And, Fiddy, I just shared the photo from the Tony Robbins event here.
What up, Fiddy?
It's all right.
I'll never hear the end of this, you guys.
Because of you, I've been going to Greek church every week,
hoping to bump into him.
I don't even know.
All right.
Exactly.
Yeah, let's move on.
All right, Bill.
I didn't even know he was Greek.
I honestly didn't know.
But, yeah, I do want to – by the way, since you brought it up, Fiddy,
I know you were joking, but clearly everyone is building, and I know everyone's got products and tokens and things that they want to talk about.
And obviously, if it's in the context of your feedback, I'm not saying to not talk about what you're building, but let's just not get too shilly tonight.
Let's just keep it constructive.
I have nothing to shill. Zero.
Bullshit.
I swear to God.
Full bullshit.
I've been building something for a long time not ready to talk about it yet
but i really haven't been buying a bunch of memes i've just been buying a lot of like crypto so i
really have nothing to show i'm just here to support you guys for real i've been investing
heavily in usdc recently i've just been killing it just we love you i'm glad you're here today um
you know joining your spaces has
only led to good things uh for me meeting leslie um and all you guys preston so grateful for you
pulling up um but i i do want to pass it over to bill uh bill has had a very in-depth uh arc on
base you guys he's done a lot of different things uh bill do you kind of want to share your journey
anything that's on your mind?
Yeah, I mean, it's been a fun little ride. Always experimenting. Started off, you know, 2024.
Kind of, you were one of my first month in, we met each other, just did the whole spaces thing.
Then I went to podcasts, well, podcast spaces. Then I went to live streams. and then basically around august pretty much around
uh monchain summit creator coin kind of came out and there's a streamer coin so that really piqued
my interest and this was on retake and then pretty much after a month after base camp my coin did
really well on zora so i just like went all in on that. And so, and now I'm building,
you know, house protocol, which is an auction site. So I have a lot of experience in this space,
but you know, to me, I think this is important. And I think to be, I know I was joking about DRB,
which I do want it to moon, but I think more importantly, we need this space. So I think
base, my biggest thing with base is not necessarily pushing a different narrative,
right?
Like creator coins are great.
But for me, my biggest thing, and that's kind of why I wanted to join this, is getting voices,
getting feedback from the base community.
I feel that is needed.
And so, you know, for them, I don't know, they have like an ability or they have like an interest
of just like going through solana dj and for some reason they want to like have the institutional
capital and smartest minds on base but they want the solana trenches it's clear to me that's what
they want and in that in that and there's nothing wrong with that but i feel like they and uh i
guess um not a constructive criticism would be like they value
the voices of solana too much and like you know brian armstrong was getting on a call with what's
his name um what's his name again uh guy yeah and i know no shade of thread guy but like why are they
just going as someone who didn't build on base, someone who's just like a casual observer who knows things when they should be
in these spaces, talking to us,
telling us what's going on,
why are they doing things?
I think that would go a lot longer of a way
than just like talking to the right guy,
which is kind of like an insult
to all of us building on this space, you know?
So that was my biggest thing
because I feel like if their communication sucks,
I think like, you know,
Jesse and them want to defend a certain sector, cool, like I have no problems with credit courts. I loved it. my biggest thing because i feel like if their communication sucks i think like you know jesse
and them want to defend a certain sector cool like i have no problems with credit courts i loved it
i benefited it so i don't care about that but i think the communication needs to be you need to
value the base builders you need to value the people who make your chain because without people
like us this chain doesn't exist straight up. Thread guys won't even talk to you. You think thread guy is talking to AVAX? No, no one uses AVAX. Do you think thread guy is talking about
Polygon? No, no one cares about those things. So that to me was a big insult where it was just like,
all right, Brian Armstrong can get on a call for two hours, yet none of these people can come on
this space. I find that kind of insulting, honestly, but Hey, I get it, but it's a sensitive topic,
but I do hope in 2026, they do more things to kind of show that our voices matter.
Can I respond to a few things you said there? Cause I, I'm probably not going to give a whole
lot of my own personal feedback tonight. I want to hear from everyone else, but you know, if you
don't mind, I'd like to comment on, on a couple you said. I've done my absolute best to be neutral and to
kind of like the whole creator coin thing, just try to embrace it. My journey on base has always
been an interesting one because I've tried to do things more on the, I guess, trench side and like degenerate side and like try to find ways to build culture and community.
But over time, I feel like I'm always met with like a lot of kind of like resistance,
I guess, from that side, from the corporate side.
And none of that's surprising to me.
And it never has been like, oh my gosh, I can't believe they don't understand this.
It's just been like, you know, a little frustrating at times.
But the creator coin thing, it's something I've always tried to just be like, OK, they really believe in it.
You know, I generally end up telling people something to the effect of like, hey, this isn't going anywhere.
Whether you like it or not, you know, base is going to be pushing these creator coins for, for, for a while because
they literally built it into the base app. So, so whether you like them or not, like
they're going to be around. Um, and then I find myself giving that sort of like advice or like
having those conversations, but then also like, I don't know, to be honest, like it does kind of
suck. Like it kind of, it's frustrating to give that type of comment to a builder. That's like,
okay, that's fine. But like, how does that help, you know, our token, or how does that help my platform or what I'm building?
It's frustrating, right?
And as time has gone on, like, the truth is, the truth is, today, I mean, we just saw what happened. You guys said sentiment changed a bit because he
talked to ThreadGuy and then suddenly Ansem is pumping the Nick Shirley token. And we saw a
little bit of a blip on the chart there. But the reality is if it takes that, then they're not that
much different than meme coins. And what are we doing with these things? Is it really going to be a thing where people, like content creators, can really come in here and find something that actually helps and works and that has a real kind of long-term use case for them?
for them. So it's just, it's just a frustrating thing. And then I guess last thing I'll say is
So it's just a frustrating thing.
And then I guess the last thing I'll say is about ThreadGuy.
about ThreadGuy. I totally understand what you're saying, Bill, because, you know, I feel like
Rachel, yourself, and a handful of other folks that were all pretty well connected at this point.
You know, we've been grinding, doing spaces, live events, streams. I literally started streaming
just because I was like, well, I think, you know, they don't really love spaces. So I'll start streaming and doing things on that side, hoping to help once again align with what they wanted.
But at the same time, like, you know, it doesn't feel like the attention is quite aligned, you know, with the folks like us that have been here.
But to their, you know, kind of like understanding that, you know, yes, uh, thread
guy has a much bigger audience. Um, you mentioned he's a Solana guy. He is, uh, but he's also been
around a long time, um, and a very entertaining dude. And like people do gravitate towards him
and listen to what he says, uh, whether it's always great advice or not. Um, you know, he's
a guy that gets, gets a lot of motion, right? A lot of people pay attention
to him. And so I understand the conversation, but, but now you've kind of opened up the door
for that type of criticism. Like, Hey, you're talking to the thread guy. How about you,
how about you come talk to, you know, to our, our, our community and like, like hear our feedback
and thoughts. Cause we have some pretty good ones. So, so that's, that's it. I just wanted
to respond to what you said, man. Yeah's good i totally agree it's really good response
and i think like i think that's just the valuation i totally get and like i said everything i've said
no shit at all he's a very smart guy he's probably one of the top or the top guy i totally understand
that um actually met him at the day one event super super gracious guy. But it's just a matter of like, okay, you want to get the feedback.
Great.
You should.
But show some love for your own.
It doesn't mean you can't go off and get other advice.
And we wouldn't even have this conversation if it made it feel that they cared about the base builders.
And so that is communication goes a long way.
And if you notice, since Friday, the sentiment has gone up pretty well.
And the only reason it's not because of the creator coins, it's because other things are starting to run.
And so base is in a situation where if they can just show a little bit, you can love Zora as much as you want.
Cool. I don't even care.
But show some love for other things.
Get behind other things.
And then people will start gravitating to this chain because then they all feel included.
And so I think the end of the day base can do a much better job of making
people feel more wanted and included.
And that's where they're failing at,
whether it's getting communications,
like no one's showing up from base team.
Very,
very disappointing to me.
Well,
I will say there's so many,
so many good gems being shared here.
I want to comment on that. First thing I want to say though, I will say there's so many good gems being shared here.
I want to comment on that.
First thing I want to say, though, that you guys mentioned is speaking to your community.
I don't care what project you are out there.
Always speak to your community.
Always listen to your community.
As soon as that stops happening, there is going to be a disconnect.
I think that that cannot be prioritized enough. So that is huge.
And I agree.
Like, you know brian armstrong hopping
on the multi-hour call with thread guy i mean he could have hopped on a call i actually pinned
coco from toshi up there me alphasaurus any of us that are building like really since day one on
base uh you can get such valuable insights from the people who are here living and breathing it
every day so i wanted to agree with that um i also have to just disclaim
bill uh there there are pr sensitivities around this because coinbase is a publicly traded company
i have talked to the base team and we're getting as much support as possible but obviously with a
sensitive topic like this like they were not able to come um but you know it is what it is hopefully
this is the best way to like document and do this in an organized way you know you know, it is what it is. Hopefully this is the best way to, like, document and do this in an organized way.
You know, I understand that, Rachel.
But I've also seen, like, you know, privately they just don't respond to messages.
Like, I don't know.
I just think that rubs people the wrong way.
I get it.
Corporate, you have to.
But it's just little things.
Like, say why you can't.
Or just say, hey, love to, but corporate won't allow it.
The backroom stuff
kind of needs to go because again just show a little public support and by words and if you
can't come cool just communicate and i think they would go i have the answer i have the answer and
i've told them already all they got to do is appoint one of us a trench ambassador you know
we'll be officially part of the base team we'll work with the legal team be like look we're completely unaffiliated with anything of coinbase we're just a base trench
and but well i mean the base posting guys right they have the base ambassador program too they're
kind of like that right they're kind of i don't know what the hell the affiliation is with base
posting and coinbase but you know obviously emily's coming through tonight so there must be some kind
of oh we're gonna get we're gonna get, yeah, all the full lore.
So I guess something like that I think would make sense.
Like whether it's official, unofficial, whatever, but anoint us, you know, ambassadors in the
trenches and, you know, we'll come around and we'll hold events like this and get feedback
and send it to them.
And I think that'd be a huge help. And yeah,
honestly, like to your point, Bill, I was like, well, that's fine if they don't want to come speak.
But you know, you can always park your account down below and everyone can see you're here
listening. Yeah. There's nothing wrong with that. And I don't see any reason why PR or legal or
anyone would, you know, I could be wrong. I'm not an attorney.
This is not financial advice, not health advice.
No, I don't know.
No, I think.
I'm DMing Jesse right now with the lamp. And I'll just end it on this because I want to hear the community's voices too.
I want people to know like this has changed my life.
I have nothing but love.
I just want this chain to do extremely well.
So I'm very fortunate, you know, so all I'm trying to do is just give constructive feedback because I want
this chain to do extremely well. And I feel like the feedback I'm giving is comes from places of
love and I think would benefit every single builder. So I just want to make that clear.
I'm not resentful. I'm not like, I love base. I'm sticking here. Just want to do
what I can to help them get to the point of maximum love. And we love you. We've made this
our home for a reason. You guys, I think base, uh, I saw a post from Emily jr. About this in
general, right. Coinbase and base, it has done very good things for the industries as a whole.
Right. For crypto as a whole.
So I think there's a lot more good that has made me come to this ecosystem.
But, you know, there's always room for improvement.
And, you know, conversations like these, I hope it helps move the needle.
And, yeah, we got Mr. Miggles here as well.
If you guys want to share anything.
I don't know. Mr. M has got the the Coinbase IP I don't know they're they're they're uh an insider can we trust Mr. Miggles what's going on sorry no it was it was definitely interesting to
see just over over the break kind of a lot of of the discussions going on over Twitter.
And yeah, it was great to see kind of like people, you know, really like, you know,
speaking their mind and speaking from the heart on the things that they want to change
and the things that they see as a problem.
And it was nice to see the feedback coming from, you know, back from, from Coinbase and having those discussions.
And it's not, and when I say Coinbase, it's also just, there's other, you know, there's other folks in the, in the community that other builders that also just feel, you know, there's a lot of different opinions going around. So having that public discourse and having those debates, whether
people, you know, people, people observed it, and whether they responded to it or not, I think it
did. It did get through like, you know, Coco, great, great dude, him and, you know, Yasek over
at DGEN, like, very, you know, there, they were able to really like get their points across
in a way that actually changed a lot of people's minds on kind of how they view different types
of coins within the base ecosystem. You know, I think a lot of people have a very, like when
they hear creator coin, they just think Zora creator coin, but really like
that's just kind of what's been pushed. And I think that Coinbase is saying that you can't
just push one type of creator coin. There are, you know, most coins are creator coins. Builders
are creators, right? Memes are creators. Memes are IPs and brands. There's a lot of power in building
a brand, especially a Web3 native brand on chain. Just look at Pudgy and what they're doing.
You know, so there has been a lot of hate for memes because I think that people have been
burned on memes because a lot of people are just used to, you know, especially in a market
downtrend, people jump into memes and they get wrecked.
Like that's just like so many blue chip memes that were pushed by Marad on Solana and things like that, that, you know, we're supposed to go to billions and billions.
Like people just got there was like 97 percent drawdown and people got wrecked.
So I think we just need to kind of evolve our thinking of what a creator coin actually is,
because what it really is, is what you make it and the value you put behind it in the community
that backs it. So yeah, I think it's just really important that we kind of like
evolve our thinking on like, you know, memes are really just IP and brand and community coins.
And it's kind of the next evolution and when
you think of utility coins like ultimately you do need to attach some sort of brand behind that so
there is it's an attention economy and we do have to kind of evolve like this very one-dimensional
thinking of what a specific type of coin is i absolutely love that breakdown.
And the emphasis on memes too, the culture, community coins, like Thank You Base God is
another one.
Mr. Miggles, like OG base communities.
And something I've seen since basically my entirety of my time in base is a lot of these
projects who are day one builders looking to get more support. So I think that's just feedback I hear all the time.
So I definitely want to include that here and support our day one communities.
Really quick, I just want to acknowledge also, Quigley has a show full spectrum.
And just leaning into that energy tonight, we have a lot of people from different walks of life here,
different chains, different ecosystems.
So I think it's gonna be really valuable
to hear insight from people who are base native
or who are just here to learn more
or give their feedback from an outside perspective.
So I know, you know, we got Tammy Hammer here.
Tammy, I know I've seen you like on the timeline.
We had an amazing live stream with Leslie around Christmas
and I would love to hear your thoughts on this.
Then we could pass it over to doji and and red a lark
oh okay i think she's like no not my space buns that's crazy because i don't even see
tammy up here neither i don't see. I do see Doji's hand up.
I think he's getting tired of holding it up too.
Doji and Red both had hands up.
I was going to say we should call on them.
Hey, can I just break in real quick?
I had a quick thought.
You know, all of the issues that we saw in the last week, by the way,
a lot of the stuff that Coco said, and they framed it really well.
There's some really good sort of threads
and sort of back and forth conversations out there on the timeline.
But I think I could speak for Bill, Rachel, a lot of the folks up here that have been in the trenches and kind of working with different projects.
It was all pretty similar to what we've heard for the past year.
So I know it feels really sudden and urgent.
And then we talked about sentiment shifting and now things are maybe moving in a different direction. All this stuff is still there. It doesn't change because
the market moves up or down or people like creator coins today and they don't like them tomorrow.
I can tell you what the number one issue is that I have observed and kind of step back and, okay,
the real problem is people feeling like they're not being heard, that their opinion is not being
held at the same value as Bill mentioned earlier,
like some of the people that are not really part of the ecosystem.
So that is really what it is.
People that feel like they're not being heard or they're not being respected of their opinions, if that makes sense.
So that's just my thoughts.
Whether you like creator coins or not that's my whole thing like it doesn't change a whole it doesn't change whether we like them because they're going to
be pushing the hell out of these things for a while but you know listen to what we have to say
because there has to be some iteration there like they're not done this is not the final form of a
creator coin zora's already shown us that over time they've you know changed things and iterate
it and build different versions of them and i'm sure they're going to continue to do that. I don't think we're there yet.
But sorry, I just wanted to say that just kind of in response to Mr. Mickles.
We hear you and we see you quickly.
Let's get those hands.
Absolutely. Yeah, Tammy came back and now she's gone again.
She might be rugging.
Tammy, if you're out there, you're welcome to come up and speak.
But in the meantime, oh, I had Doji next.
Okay, now Doji is back, and now Tammy is back.
While you're doing that, I want to say hi to my cat.
Hi, Miggles.
You guys are reunited.
What up, Tammy?
I am so sorry, you guys.
I don't know what is going on with my signal.
You got to tune the space buns.
Tune the space buns in.
You know what?
I need to do that.
It is Elon.
He does not want me to be great today.
I feel it.
I feel it.
But I just, I am so sorry, Rachel.
I could not hear what you had said before. And I had to drop down because everything went completely like blank.
And so I apologize for that.
No, no, never have,
you never have to apologize, Tammy.
Basically what I was saying is that you are amazing.
We did a live stream together with Leslie.
You guys, we just absolutely hit it off.
She's just got such a pure heart and incredible energy.
She's been hosting spaces since back in the day, crypto and coffee, you guys.
This is like super OP show, like way, way back.
So she's been around for a while.
Our paths recently crossed.
And Tammy, I'm curious to hear your thoughts on this.
I don't know how active you are in the base community or if you're active in others, but
curious to hear your
thoughts. You know, I have not, and thank you so much for the kind words. I really appreciate that,
Rachel. You know, I think the world of you, and I'm super excited to see where this takes us in
2026, but we're going to be cooking something. I'm telling you guys, I'm telling you guys. I believe
it. I believe it. And I'm just so thankful to have connected with you in this community. Honestly, the BASE community, you guys are amazing. My
friend down there, BASE Almighty, I always say BASE Almighty, but it's BASE Almighty. He just
actually was asking me about BASE. And it is one of the chains that I really have not learned about. So I am here to learn,
obviously. But I've been in this space and memes brought me in. So a meme brought me into this
space in 2019, late 2019. And I come from the TradFi world. So Doge is what brought me in here.
Wait, Scott, we have the same origin story. I was going to say, me too. Doge brought me in.
Oh my gosh, Doge.
And that, it holds such a special place in my heart, seriously.
I will always have my Doge.
And coming into that community, they were just so welcoming and kind.
And I honestly, I feel that way in the base community as well.
Everybody is just kind.
And in this space, over probably the last year year and a half I just
feel like things have kind of shifted here and everything's been very diluted with memes and
other things there's just so much out there and I just feel for people new coming into the space
but I did get into base actually the MFer coin is what brought me and bridged me over. So, um, why, why, why do we have so many parallels and we don't even know, how do we not know
each other?
I know, I know.
We, we still need to like have a conversation.
I'm sure it'll be hours when we do.
We're going to have like 60, wait, I was in that community.
Wait, I was right there.
Yes.
It's crazy in this space how you can be like in the same communities.
And anyway, I'm happy our paths crossed now.
I am too.
I am too.
And I honestly, I want to learn more about it.
Like I said, my friend based that he's amazing and is really introduced, even Leslie and
I both to a lot of different things.
And like Rachel said, I mean, I come from the crypto and coffee days with another one of my OGs, Jess. So I... Shout out to Jess.
Jess is amazing. But I'll be honest with you, with Coinbase, so I onboarded in in Robinhood,
obviously. And then I bridged over to Coinbase. And it's funny because I think me coming from the Tradify world, I was in
the financial industry and financial institutions for the majority of my career.
That's why I've been posting a lot. You'll see on my page financial literacy because I think that
is so huge and so key. But Coinbase, I've always been very drawn to Coinbase and I've always felt very safe with Coinbase.
So I don't know if it's my TradFi background that causes that, but that is the one that I choose.
It's funny because I don't even look at Robinhood anymore.
But Coinbase is the one that I have always felt so comfortable with.
So I'm really excited to learn more about the based ecosystem and chain. Like I said, I am a participant
because MF for Coin brought me into it. And I think I do have some other things, but I've
delved into a lot of different things with ordinals. I mean, you name it, I've been in it.
And we can just say a quick prayer to all of my NFTs in my OpenSea wallet. That's like a graveyard.
But I really appreciate you guys inviting me into the community,
inviting me up.
Rachel, I appreciate that so much.
So I'm here to learn.
So if anybody wants to recruit me, let me know and teach me your ways.
I know BASTA's got me.
Consider yourself recruited.
I love it.
Consider yourself recruited.
Listen, Callie, let's get her onboarded to the on-chain media community, okay?
Heck yeah.
I'm going to go ahead and pin all the links so you can officially become a part of our community today.
I would love it.
Yes, Tammy, you have to jump in with us, and everybody should be in there, as a matter of fact, in the comments.
If you go in the comments now, guys, I put a post with the Telegram link right now.
I'm actually pasting the YouTube, making a comment for the YouTube channel as well. So we're going to get that going. And Tammy,
we'd love to have you. Yeah. Like we have a weekly community call and we go around like today and we
just ask everybody, what is the number one way that we can support you and see you win? And we
just go around and everybody just tries to support one another. And that's, that's pretty much it.
There's no agenda. We just show up and support each other every week, every day, I should say.
That's amazing that you guys do that though, because I think that's a lot that is missing
from the space. And I, like I said, from the jump, I feel like the base community has been
so kind and so welcoming. So, and I think some of the other ones can't, you know, can't always get that
right. So I really appreciate that. And I see what you guys are doing and that I think just
speaks volumes for who you guys are. So thank you for welcoming me.
Thank you, Tammy. And you're absolutely welcome. I'm going to pass it over to my other co-hosts
here. If you guys want to pass it to anyone else next.
Yeah, let's start getting some more folks up here.
I know we got a bunch of requests down here.
So what I want to do is start.
I see hands up.
We're going to go to Panda because his hand's been up for a bit.
Hey, quickly, can we go to Doji first?
He's strapped for time, but I can jump in after.
Oh, Doji.
Yeah, sorry.
Doji, your hand disappeared on my screen. Sorry, go ahead.
Doji!
Really appreciate it, guys. Thank you so much.
I do have to get out of here soon, so I'll probably be a listener shortly.
But yeah, on the creator coin topic, guys,
I think it's too early to have an opinion on creator coins, right?
I don't think anybody even knows how to utilize creator coins.
Truthfully, the one utility of a creator coin is to sell it.
You sell it, you get that money, and you reinvest in your creator journey.
You either buy equipment, you buy software, whatever it is, and then you run it back up.
That's how it works, at least in my opinion.
So a few notes here with base and the base app.
I think I made a message to somebody on the base team at some point, and I did get some response slash feedback, but I think the base app needs some
sort of verification certification badge or even border around your PFP, considering if you're a
base builder, if you're an official base advocate, or if you're a student, or even just part of the
base team. There needs to be some sort of symbol or badge of verification
that gives people their credibility.
When I made this gripe towards a base team member,
they're saying, oh, well, you know, what we can do is we can put
your X account as a verification.
We can put your Instagram account.
I think that's a great idea, but I think that should be like a prerequisite to every social media app.
Regardless, there should be like links, verifications of all your socials, no matter what.
The reason why I have a problem with that, though, because it's the base app is supposed to be a social media hub of verification.
Right. Base app is where you put your money, where your attention is,
where you're, you know, buying posts, where you're doing stuff, supporting your friends.
So I think we need something like that. And we just need better overall discoverability when
it comes to creators on the base app and apps by certain creators on the base app.
And that's my one thing I have to say. Wow, wow, wow. Doji, I'm taking notes here and writing this down. So, okay, you want to see more verification baked into the base app?
Yes, exactly.
Okay. know different ways that they could probably do that pretty easily is you
know specifically when it comes to like on-chain you know sort of you know work
that you do or or whatnot so that's that's a good idea and I wouldn't be
surprised if they're starting to work on different ways they could like put
their builder you know builder scores and different things like that that are
more visible on the on the profiles I think that's a pretty cool idea and um yeah i definitely would like to know officially if people the person
that's dming me is actually who they say they are so anyway we can do that i mean they have these
roles in like the discord and stuff like that which i think are awesome but nobody's going in
the discord like nobody's checking the discord you can't find a creator in the discord you can't
search their name it's really hard to do that.
So if you just bake that into the app where everybody is.
Oh, that's a good, that's a good idea.
Great feedback.
One other thing, Quigley, I saw you post this.
I think on the timeline, you were saying something
that you would like to see is making the messaging
and the group chats more of a focal point on the app.
Cause I have noticed it got
like a little buried and kind of moved to an area that doesn't feel as intuitive to get to and
those group chats are going to be the things that like you know keep you coming in right
yeah 100% I was gonna I was gonna mention that in sort of you know as a add-on to what he was
just saying I mean the the more we can create a replacement
for like a Discord or a Telegram
with the group chat on the base app,
I think we will have more success
building community and like building sort of like hubs
that people can come to.
And it could be something where it's more about curation.
So for example, like if Mr. Miggles wants to have,
you know, their own sort of like almost like
like a discord server right but but built into the base app and the messaging side i feel like
that would be that would be a game changer from my from my perspective i i don't i understand they
want to have a twitter feel a tiktok feel um i totally get it because that whole side of social media is where the younger crowd gravitates towards.
But I still think that there's a place for true community building.
I personally, even with, I love Farcaster.
I think it's a great tool, but I don't spend much time there because it's like I already have Twitter.
I don't need two timelines to search, and it doesn't pull me over.
But there are parts of it that do.
There's other things that are happening there that suck me in.
Of course, mini apps, as an example.
Those are really cool tools, but I think it would be great to build more of a replacement
for Telegram, Discord, sort of hybrid with the base app.
I think they could kill it with that.
But yeah, those are my thoughts.
I gave that feedback.
I appreciate you bringing that up.
Of course.
Yeah, and I think there's something like, I don't know, I mean, I'm sure everyone here
experiences this.
I get DM fatigue after a while when you have to go to Telegram, to Discord, to X, to Farcaster,
after a while and you have to go to telegram to discord to x to farcaster base app it's like
i would love for there to be more simplification uh with that you know and uh i i tell people this
if you're in our community chats i think for me that is the easiest way to get a hold of me uh
in the dms is in the those you know community hubs um so anyway we have other hands up but i i do want to hear from bill before we uh
pass it over yeah bill where you at
he's building i'm just i'm just listening i'm just listening he's building i'm just i'm listening to
the the convo uh but i'll i'm just i don't really have much to say except uh you know i want to i
want to make sure everyone has a hair up, that they have a voice,
because I get tired of hearing myself. I get it, man. Who was first? I think we were going to
Panda and then Flannel. Yeah, Panda, Flannel and on-chain creators.
I have a couple things just from the creator side. I think quickly started to
speak about it, but you really want to incentivize the creators
to actively use base.
Most of my attention is on X.
So how do you kind of reverse engineer the mind
to or for the creator to want to post?
Like I'll post on base,
but it's just, it's more passive than anything.
Most of my time is sucked into like that X void.
So I think perhaps making base posting
like directly accretive,
you know, kind of building something permanent
where your posts contribute to like a reputation
or create creator score,
eligibility for certain features,
drops, maybe grants.
So it's really like time and consistency
because we're just not spending,
at least for me at least,
and Doji hit it, like it's still early.
So I totally understand that.
I think you could also have, like, that old school feature that X had that they got rid of where you could have proof of, you know, NFT ownership.
I think people really like that.
And I'm not sure why X got rid of it, but I always felt that was pretty cool.
was felt that was pretty cool. So something as simple as that, I think would be meaningful.
So something as simple as that, I think, would be meaningful.
Generally, like the creator flywheel clarity, I think educational materials, we kind of touched
on it a bit, but having like simple education, we're still in the nascency of base, but like
simple tutorials, click here, do this, try this strategy. Like there are creators on TikTok that
tell you, hey, try, you know, TikTok just dropped this new feature. They want you to use it. And
when you use it, you know, like a story, for example,
or a certain background, whatever it is,
they want you to use it and they'll push more.
The algorithm will push you up, for example.
So I think just more educational content would be great.
And maybe it's on their kind of roadmap.
There's a little bit from the ecosystem perspective.
There's a lot of confusion about how, you know, Farcaster, Bass, and Zora, and obviously they're competing products,
but I heard Jesse, it's like he's dropping breadcrumbs. He wants to recreate the internet.
And he did mention on the social side, this trifecta, he mentioned specifically
Farcaster, Bass, and Zora. So it's like, okay, in the idea of education, how do these fit together?
Like, where do I post what? Like, post what? Where does the value accrue?
So use X for discovery, use Y for monetization, whatever. But it's a bit overwhelming when we
have so many apps, like fewer decisions. It's almost like you have Netflix, you have HBO Max,
there's too many streaming services at one point in time. So obviously if the focal point is base, great.
But if there is a plan to integrate Zora and Farcaster in some method,
just clarity, transparency would be great.
Talked about visibility.
Sorry, go ahead.
Oh, no, I was just going to say, yeah, I find, I ask myself too,
what is base and Farcaster trying to do?
How is base trying to separate itself from Farcaster?
So for instance, I love Farcaster.
I've started, ever since they've made the push
to do the social trading aspect,
heavily focusing on the wallet and the social integration,
it's night and day.
It's so great.
The user experience is amazing.
It's really well put.
BASE is trying to do what they're doing,
but it's like really really bad the user
feedback the user experience is horrific yeah day one blah blah but it's so far behind a farcaster
it's just like i asked myself why don't they just buy farcassers such a superior product so i asked
myself the same question how do i differentiate why should i use base app versus this farcaster
that's how i truly i don't i don't care about coining my post
so i think maybe it's airdrop farming we got to use the base app i do need to you know what though
you're 100 right bro i need to start watch trading like a madman on base app you're absolutely right
dude so farcaster i got down i highly think they're gonna have a token i don't know i i'm
pretty sure they would because why not so yeah i think it's uh time
to time to farm base app we got to get the farmer details so we can know which which where to post
our our memes uh but you know what's cool is if you post on base app it posts on on farcaster and
then uh and then and then that's the thing about zora i was telling someone the other day because
they were like i don't have time to sit there and post all the stuff on Zora, blah, blah, blah. I was like, well,
you know, actually, uh, or, and they also were saying like, and I don't want to post every single
thing that I say on Zora, you know, I want to have the ability to, you know, not sort of like
monetize every post. And I'm like, well, that's what the base app is. You can go post there and
it's the same thing. You're coining your content, or you can turn off the, the token, uh, tokenization
and you can just post, you know, like a regular post.
But yeah, no, I agree with you guys.
I feel like there definitely needs to be some streamlining here.
And who vampired who and who's the winner?
I mean, the base app makes sense from the side of, like, they've combined these different things.
But it's also, is it does it fit does
it work yet um that's why i've you know everyone's got their own feedback that's why i've been pushing
for more of like a hub approach but but anyway um yeah no good good good feedback from panda uh
who's been out here sweating sweating putting in the grinding every day a few more is it okay if
i just can i bang through these really quick?
I'll do my best fun.
Real quick, though, I do want to shout out.
We have one of our speakers here.
Emily Jr. has pulled up.
Emily?
Yeah.
Emily.
I call him a feature.
I call him a feature. B-R-B-T-U-B-N-O-N.
Man's going to get a statue.
And he brought a visual base poster down there.
And he brought a MF-FAM with him.
So we're going to pass it back to Panda.
But I just wanted to shout out one of our speakers.
And the stage is full, so we will be circling through
and getting Emily Jr. up here soon.
Yeah, we need a line change.
We need, like, sorry, five people go,
five people come up here in a few minutes.
Yeah, we have a lot of requests, you guys.
Yeah, definitely.
Let's take advantage of the comments.
Let's put your questions feedback
and comments through just in case we can't get to you we want to be able to go and read them for sure
i'm already feeling like there might be a part two of this uh space as long as you guys want
to keep this going i i have this is uh my focus for today so um yeah let let's get Emily Jr. up here and yeah, back to you, Panda.
I'm going to blast through these. So visibility is huge. Again, like how do creators win? Like
just any kind of tips, tricks would be amazing. Like how are we supposed to use the apps? Just
a little guidance. Amazing. How do creators make a sustainable income? Like what are the meta? What
is the strategy? How do we kind of get out the algorithm? Again, that could be through like educational materials, any kind of like better
UX and predictability. Like if it's like Doji, for example, made a really cool, you know,
currently like what the current fee spike is, like the gas rate is. So just having something
natively on there, maybe even using what he has would be great. You know, having just a simple
ticketing system, we can have like a bug bounty because there are some bugs, it's still new.
And if it's worth it, great, just give out some native whatever base token or whatever token you
want to say. Just communication, someone alluded to it earlier, what does base want to be number
one at? And just that should be like the absolute communication and drive the underlying creators.
Regulatory, I think, is really important.
Like disclaimers around tokens, NFTs, and UX.
Kind of just from the creator side, like what should, just what base considers as legally permissible just for creators so we don't kind of go out of bounds, so to speak.
Because I guess there's still clarity pending with the Clarity Act, etc. I think a monthly fireside. So appreciate, Rachel,
quickly, you putting this together, but it would be wonderful if Brian Armstrong, if Jesse could
just, you know, answer questions like a monthly or quarterly fireside and specifically feature
perhaps more active base users as opposed to, I'll be honest,
like what irks me is if you're going to feature
like someone from a different chain,
like you have creators that are killing themselves here.
So, and quite honestly, it's not a complaint
because I'm going to do my building
with or without the base app.
This is just constructive feedback.
I love the ecosystem, love the people here, wonderful.
So it's not a gripe,
but try to feature base people where you can.
And, you know, when you talk about a creator coin, there's like an ethical consideration. You have
to think about people, you know, like your value is tied to your coin. Like what is like the mental
health implication if someone's coin crashes? Like what is like, like is base considering that at
all? Because you're ascribing like value to a coin and people are going to take that the wrong
way when they're on top of the world one day. And then're going to be like tanked like what is the mental health implication
what are we trying to suggest here what kind of content are we trying to suggest and uh to add to
that there's also um i've been thinking on the educational side about uh you know any sort of
implication for individuals what what are uh basically best practices and how do you protect yourself legally when you
now have a market cap and, you know, have this asset tied to your brand? So that's something I
haven't seen. And there are people I know in the, you know, in the background who have been on easy
about like coining a post or making a creator coin because of those reasons. So I would love
to see more education around that. And I'd say that just to land the
plane here, like, I'll just be blunt, sorry to say it's a slippery slope too. But like, I don't
want to see bass become like OnlyFans. Like, honestly, like sex sells. It's just obvious.
But is that what's going to ascribe value? Is that really what bass wants to espouse? That's
why that goes back to the prior point. What does bass want to be number one at? Like, what do they
want to promote? If it's just artistic creativity or whatever. Maybe it's just anything
and I'm wrong. It's basis for everyone, basis for everything. But those are just some considerations
to perhaps work in or think about. But yeah, that's what I have. Thank you for hearing me out.
I just want to say shout out to panda for coming prepared he understood the
assignment he showed up and uh gave his feedback and and uh we appreciate that and i wrote it all
down yeah no that's good that's really good and you may also made a good point of like if anyone
down below um can't get up here on the stage for whatever reason whether you're you're shy or you
just uh we couldn't quite get to you tonight uh definitely leave some feedback in the comments and i'm pretty sure rachel bill like we're probably going to have
to do another sort of part two to this i know coco said he might be able to come next week so
maybe we can get him in and kind of hear his thoughts um but yeah we've still got time i'm
not running anyone away i'm just saying let's let's start thinking ahead we got what we were hands up too yeah we got
flannel and then we got on chain I want to say briefly hello to I'm gonna say Emily now because
she keeps saying I keep hearing Emily what up Emily hey quigs what's going on everybody thanks
for having me I was over with go and we just brought everyone over from there.
So thanks for inviting me to come hang out with everybody.
Shout out to you, my friend.
Shout out to you.
Shout out to Go.
Man, much love.
Speaking of, I see him up here.
Yeah, I just had to invite him to come up.
And I knew Emily Jr. would bring the MFer community, you guys.
I think you were there, Emily Jr., the day I got onboarded bring the MF community, you guys. You know, he was, I think you were there, Emily Jr.,
the day I got onboarded into the MFers and got my PFP.
I switched my PFP while we were live on a space
and really have loved the community and the vibe from the MFers.
Yeah, it's a great group.
We've got a great group of friends that I've met,
like Go is one of them,
and he's been hosting those Hey Banker spaces, so that was his first of the year.
And I realized that, which I quite often do, I was double booked, but I'm glad that both are working out.
No, we have all been there.
Yeah, we're good. We've got some time to hear from both of you guys.
We want to hear your thoughts on the topic tonight.
If you don't mind, though, we've got some folks that have had their hands up for a bit,
and I want to make sure we get to them, and then we'll circle back
and get some of the feedback from the official base poster over here,
Mr. Emily over here killing it on the timeline.
We might have to talk about DRB a little bit as it relates to this
topic but we'll hold off for a moment um i think it was flannel donut that was next and then on
chain creators flannel donut legends hello legends hi guys thanks so much later thanks so much for having me up. I really appreciate it.
I have, I have a little bit of a different experience. I hope it's all right to, to talk about it.
Absolutely. Yeah. About, I would say like this,
this time last year was when we came on base.
We were super new, really didn't know anybody at all.
We, you know, we started out, I mean, we were, we got our start talking, honestly, with corporate
because we had a pretty big project. It was like a six-part animated, stop-motion animated show that
we were looking for just like, how do we launch this? Like what,
what is the, what is the best way to launch something like this? And they suggested that
we look at Zora. Now I think like around this time, Zora had just, was like maybe a few months
old in terms of like changing over from being like an NFT platform into this new thing that
they're doing now. And so, I mean, I remember
looking it up and I couldn't even find answers anywhere. Like what the heck is Zora? And, and,
and we just sort of put our trust into base and we were like, all right, that's, you know, like,
we'll, we'll go ahead and launch episode one on Zora. And, and it went really well. I mean,
it really, it did great. Base supported it. Zora
supported it. You know, they shared it. And then, you know, over the summer of last year, we released
three more stop motion animated films and all of the fees and everything that, you know, that we received for funding for that, you know, that, that, like, that helped fund,
like, the next thing. So we were kind of using this, like, the transaction fees, and just
this type of thing is, like, you know, like, okay, how do we fund the next thing? How do we,
you know, kind of create this little mini pipeline where we can make quick decisions and, and like,
and get to the next. We were also able to use funds to purchase a custom armature in the UK
that is like, probably equates to like a small, like, like a mortgage payment to some people,
you know, so that we could jump in with our next series. And so none of this is like coming out of pocket, you know, for a small studio,
you know, getting a start here, a stop motion animated studio in the space.
And, you know, so then like take this and fast forward to Base Camp.
Some people know Flannel Donut is also, you know, part made up of pattern integrity films.
And, you know, we were at base camp, I really feel like we were all treated, you know, just
so well. And, you know, there was just so much time to, to connect with other people, talk to
Jesse, talk to like, whoever you wanted on the team. I mean, it just felt like, you know, good food, good people, good times.
Like they just really made that whole entire function like exceptional. It was such a great
experience. We wound up, you know, pattern integrity, Pippin went out and recorded all
these interviews. I came home with super inspired and assembled a cut and we made a mini doc and posted it on Zora,
Bass shared it and all the earnings from that retroactively went and paid for production.
Later on, we pitched a commercial for the public launch of the base app. They loved it enough to give us a grant to cover production costs, you know, during this process.
Usually when we're dealing with clients and especially in stop motion, we, you know, we had basically like just a full runway to to creativity.
They were like they didn't ask to see a draft they didn't want to you
know give us notes or give you know revisions or anything like that completely trusted our
vision and our professionalism and they just you know like we're like when we delivered it they
were like we fucking love this we're so stoked're so stoked. It's incredible what you guys were able to create.
Yeah, thanks. You know, it's just a fun thing.
And it was really amazing to be able to work with people like that.
Because when you have clients working on things like this, they're, they, I don't mean to be rude about it.
rude about it, but sometimes, um, you know, when you get hired for a job like this and, uh, sort of
like lesser creative people get involved and they want all these changes when they don't understand
the process and how long it's going to take and then how much more money does those last minute
changes are and just da da da da da. And it just sort of, um, yeah, there's just a lot that goes
into it. And so they were just like, we hired you guys for a reason.
You know, like, you know, you guys go ahead and just, you know, take this.
Or not hired, but like we give you a grant for a reason.
Right.
You know, later on, on Chain Summit, we pitched Jesse on our studio cafe idea.
We just totally cornered that guy.
We were like,
give us a minute. We want to talk to you about this crazy thing that we want to do. We want this
IRL public creative space, downtown Portland. It's a 30,000 square foot freaking playground.
And we want one side open, doing a live set for a stop motion animation every single day.
The other side is donuts and coffee, blah, blah, blah.
And he was like, all right, cool.
Love it.
You know, here's, you know, send this person an email.
Tell them what you want to do.
He connected us.
And then, you know, now we're looking at we've got support so that we can launch that thing.
It's a very it's it's probably one. It's I very, it's, it's probably one it's,
I would say that this is my magnum opus of my life, you know, to be able to open this.
Congratulations. I just want to say, I'm, I'm so proud of you guys. And, you know,
it's important that we talk about the good too. Like obviously we're all building on base for a
reason. And, you know, I'm extremely, extremely grateful for the support I've gotten. You know, I've gotten several grants for on-chain
media from base. And I don't want to discount that, you know, the base team does show up to
support people in their own way, right? If you show up, if you're consistent, if you're adding
value. I went to every single major base event in 2025 and I just showed up relentlessly.
And I do think it can happen if you put the work in.
But it does make me sad to see sometimes there are people who put the work in for a long time and it doesn't happen.
So I would love to see that gap close, you know, I also I wanted to bring this up because, you know, I'm sure I'm sure everybody here has seen in like the comments and stuff on their posts where you got someone that's like follow for follow or buy my token.
And it's just like, well, you know, give me something to buy and I will, you know, give me give me something to follow and I will like substance.
Yeah. And I think that that like I think that says a lot. And I think that the same goes for, for the space, you know, like this is about
attention, you know, like we're, we're in this like attention economy, right? Like there's only
24 hours in a day. How are you going to capture a minute of that from somebody? Um, and, um, you
know, what are you creating that's different than anybody else here? Like,
what makes it what makes people stop scrolling so that they're going to watch and listen to what
you have to say? I mean, there's just this, like, like everything that, you know, creator coins are
so new, at least this iteration is and you know, just with how accessible they are to everybody.
But for production and processes, and you know, accessible they are to everybody.
But for production and processes and things that are essential to filmmakers and animators,
especially in stop motion, where we have real world assets, we've got all this, just there's
so much potential for animation in this space.
Blockchain and what we do goes hand in hand, like, like nothing else.
And, and like base has been, has totally seen that vision from the jump and they've been nothing
but helpful. Um, I just, I wanted to make sure that I came up and, and said that, um, you know,
we've been on other chains before and, um, you know, we've only been building here for a year.
But it's I do appreciate a company that is a living, breathing entity that's trying things and not necessarily staying in one place.
Yeah, they're experimenting and iterating.
And then on the flip side of that, like, I also like exactly like appreciate you all for putting together a space so that people can come together to like suggest ideas because I do think they're listening.
I think that the way that we move the needle together is, you know, is like we we come to them with like, hey, this is what's important to us.
Like we consider ourselves to be your core group.
You know, we've been here building and doing all these things, you know, our faces, you know,
you know what each of us are doing. And like, you know, this is, this is sort of like, I don't know
what you call it, like a manifesto or something. These are some, you know, some ideas that we have
and we'd love for you guys to take those into account. And
I just, I want to wrap this up and circle back by just saying that content creator coins has,
you know, basically that stuff has made all of the, everything that I talked about possible for us.
And to be honest, like if, if those things didn't exist, and I realized this is an extreme
example, that's very much on the opposite end of the spectrum of what's being talked
about.
But if that stuff didn't exist, we probably wouldn't be opening a studio space next month.
So, um, I just wanted to offer that perspective too.
While, while, you know, tokens might not be, or, you know, content coins might not be working for some people. Um, they're a fucking match made in heaven for us. So I'm
excited to, to, to see base building and, and growing and changing and adjusting and doing
those things in real time and not being, um, you know, not setting anything in concrete and,
and knowing that like,
we're all really just building this together.
And I appreciate that they're not doing it like behind such closed doors.
So thanks for letting me come up and talk for so long.
I really appreciate you guys. You're, you're all so awesome.
All good. Hey,
I want to say a couple of quick things in response to what you said,
because you know,
obviously there's a lot I want to say because I'm excited for you and and love to hear all the updates um we said at the top you
know we wanted to make tonight a an opportunity for everyone to come up and give feedback and
talk you know talk about what what's going on the good the bad the ugly so we appreciate the good as
well in fact um i can say that right between Bill, and I, I think we spent the better part of
two years really heavily focused on the good. This is probably the first time we've ever had a night
where we just said, hey, let's open up the doors and just let folks talk about what they want to
talk about. Yeah, this is not a typical space for us, you guys. We don't do this. Yeah.
It is what it is, right? I you know we all love bass bass has changed
my life um i'm here uh every day just like everyone here in the space for the most part i mean we're
here every day doing doing our thing um but you know over time we hear things we hear different
feedback uh i think a year a year or so ago i remember the feedback was always about
you know bass isn't you know helping the remember the feedback was always about, you know,
bass isn't, you know, helping the smaller projects and they're not, you know, they don't see us out here. And so we worked really hard to help elevate voices and give people, you know,
opportunity to talk and like come to spaces and all that. We did, I think we did a fantastic job
for the most part addressing that. The next big complaint, I remember before we did our weekly
roundup, Rachel, right before that, I reached out to Zen. I said, hey, let's talk about some of
these spaces you guys are going to be doing. We had a nice long conversation and I remember telling
him, everyone's talking about this whole issue with, you know, base supposedly
not supporting the smaller builders.
I told him that day, I said, that's been an issue that you'll hear, you know, no matter
what, it's just how it goes.
But the real issue that I was hearing at the time was like, you know, and I told him, I
remember telling him, hey, the real problem we have right now, this is, this is, when
do you think we started those spaces?
Like, it's probably, it was probably like March or maybe, I don't know.
We've been doing those for a long time.
Yeah.
So, but I remember saying to him, I said, Hey, you know, I'll be honest with you.
The number one problem that I'm hearing from my side, it's not about the little builders not getting support.
Yes.
I'm hearing that all the time everywhere I go. But the real issue is the base is only helping people that are previous Coinbase employees and only supporting venture capital back, you know,
projects. And that's different. That's a different conversation, right? So I remember telling him,
like, look, we can address that. I mean, look at us. Like, we're out here every day in the
trenches. Like, if you guys are supporting the builders that are you know building these apps and you know like bill uh with his uh app that he's been
building and like you know all you gotta do is show up for them right and that's that's the
difference so i just want to bring that up like we've we've been we've been slowly over time
trying our best from the trenches from the community side to say hey here's the problems
that we're seeing and hearing um and to give these guys, you know,
the base team specifically, feedback on our own.
But I think this is why tonight's been such a special night
because instead of us telling them, hey, we're hearing things,
here's what we're hearing, they're hearing it from you.
And so I appreciate everyone for coming through tonight
and just, you know, giving us your feedback
and showing up to let us, you know pass it along we're
gonna let them know like hey here's what we're actually hearing so and it's better it's better
this way way better i'm hearing real real good feedback so let's go to the poor poor on-chain
creators who's had their hand up for like an hour on chain creators uh previously crypto sapiens oh
my god you guys first podcast project i ever worked on who got me into
podcasting here on chain creators you guys can blame them gm everybody poor umpty back here
everybody what's going on can you hear me yeah you, you're good, man.
How's it going?
I'm doing great.
It's been fun coming up here and listening to y'all, listening to the feedback.
Yeah, I mean, personally, I've been a base user since day one.
We launched the base app in beta at the first on-chain creators event this year.
And that was a pretty exciting moment for us about base supporting small builders, not venture-backed companies.
We're one of them, so we're very, to build a platform and then share that platform
with others, especially those who might not have the ear of someone at base, which, you know, to
be fair, not terribly difficult to do. You know, if you're consistently active in some of the group
chats that base has, you know, you definitely can have someone listen in and give you some feedback,
if not direct support in solving some of those problems.
But yeah, that's what we do at OnChain Creators.
We've been building a platform, like Rachel said,
started with CryptoSapiens,
and then using that to help others launch what they're building,
whether it's creative in nature or technical.
But yeah, I mean, the one thing I wanted to touch on, because I did hear, I forget the name of the
person who was up here, but they brought up, I think it was Panda, a lot of things. You can choose
your flavor of things too. Like if you prefer Farcaster, have fun, do your thing, go on Farcaster.
It's going to be pretty much, you know, one for one,
the experience on base in terms of your posts or your casts.
So you don't need to worry about it.
The other is in terms of DMs.
I know Farcaster was talking about this for a while.
They were trying to integrate.
I'm not quite sure if they have yet XMTP,
which would then decentralize DMs away from Firecaster.
And if that is the case and continues to be the case onto base,
you could see then those DMs start to have some sort of similarity,
both in terms of being able to get your casts on either platform,
the same thing with being able to get your cast on either platform the same thing with being able
to get your dms on either platform um and the last point about you know the farcaster zora
base thing is zora from you know i think a lot of us i know rachel you were at base camp um i believe
you're at base camp um there was a yeah you, you were at Basecamp. I remember seeing you.
The conversation that Zora eventually would be integrated
as the creator coin platform
so that you don't have to create a different coin
on each of these different front ends for a Firecaster.
I think that would be a super powerful way
of tying together the experience
so that you could have this creator coin that basically aggregates all the value of all the content that you create so that your fans can subscribe, if you will, like a super subscribe to you with your creator coin.
And based on the value of the content that you create and the impact that it makes
people can then collect some of that value in return because they have your creator coin so
it's super cool to see like the way that it works uh in theory of course um but you know once it's
executed it's in practice i think it's gonna be really awesome as well so just wanted to clarify
some points just because i've been pretty deep into that space and um you know as a creator myself i'm consistently experimenting
on these platforms and just helping other people uh learn how it works as well also good to see
emily up here gm uh fellow mfer hey what's up man that might be a good segue right there yeah right um and i just want to
thank humpty for for pulling up he is one of the most uh high integrity uh just big-hearted
creators in our space and uh humpty i'm very grateful for you and our friendship and you know
you you inspiring me to get you know onto my podcasting and content creation journey. So thank you so much. What up, Pump Day?
That's my dude right there.
I know.
Yo, Kelly, we live in the same city.
We don't even see each other.
What's up with that?
You're all in Buenos Aires.
You guys, I'm hosting an event.
Living the highlight.
I'm hosting an event.
I want you guys to come in two weeks.
You know.
All right.
You can all hang.
I'll be in East Boulder in February, but I don't want to get too far ahead of that.
Definitely let me know when you're dropping your event, Rachel.
Sounds good.
All right.
Emily Jr. would love to hear from you.
Dude, you have been super active with posting over the past couple weeks.
And I really like your perspectives.
I feel like you have more of like an optimistic approach with your feedback.
But yeah, curious to hear some of your thoughts here.
Yeah, I've been posting a lot.
I think there's certain attention cycles
that should lend your attention to
or my attention to in this case.
And so yeah, I've been posting a lot. I've been posting a lot about what Grok created on base.
And I know everyone, we don't need to talk about a token.
That's the interesting thing is everyone knows DRB.
Quig's mentioned it, but I could literally care less
if not a single person in this room bought DRB.
I could care less.
But what I would ask is if some people in this room told the story of how two AI agents,
two AI users on X created something together on the base blockchain that we all use
on the base blockchain that we all use
that had real economic consequences
that's led to a user on X,
an AI user on X
that has over 7 million followers
that was created by Elon Musk and XAI
created something on our network, on base,
through with the help of Banker,
which was also created on base.
So it's not about a coin.
It's about actually what happened and the attention that could come from it.
And I think we spend a lot of time talking about the infrastructure
or the application layer, and attention is upstream from all of that.
No one cares if the blockchain gets a millisecond faster
or the new features that BaseApp launched
or Farcaster launched or X launched.
No one cares.
Attention's upstream from all of that.
And when you get attention in viral moments,
viral opportunities with mega scale and huge virality potential, and you don't chase after them like your life depends on it, you will end up, you're just not going to beat the competition.
I mean, look at the AI arms race right now with what's happening with XAI.
Hold on one second.
What is that?
Oh, okay. Yeah, look, I just had a pop-up. Look at the AI arms race right now. It's happening with
XAI. And I just, I took the co-host thing. And Anthropic and Meta, I mean, they are going for it.
And they're going for it so aggressively, like their lives depends
on it because they want to grow and they want to win. And they know that if they don't,
they're not going to look at Grok on X. They're taking a lot of risks. Like they've taken a lot
of risks. They've kind of let Grok do some things that get people upset, whether it's creating
pictures that are whatever. And it's all by design. I've listened to like a
lot of these guys on their podcasts, the folks that are really deep into this industry. And
in particular, like that kind of thing is you've got to take some risks and to capture attention
because attention's upstream from all of it. So people learn about Grok because they saw Grok had,
you know, put a bikini on someone famous. They're like, oh, what's Grok? And then maybe they use Grok, but you got to capture the attention first.
And Coinbase has been given on a silver platter,
one of the most potentially viral and scalable opportunities,
catalysts to onboard people to the network. I was reading the posts up above,
and one was from Coco, and it said, you know, we want base to respect our builders. You respect
your builders by capturing the most insane viral moments and going after them like you couldn't
believe so you could bring more users to the chain. And I'll say like what, what they've done with Nick Shirley,
I'm like, if some people are just like creator coins, no, I'm like, I don't need a creator coin
because no one wants my creator coin. I joke like, yeah, maybe my parents will buy it and not mine.
Like, but, um, I, that's not that, but what I'm, what I see with what's happening with Nick Shirley,
this is the, this is the right now that one of the most viral
human creators out there, and they should be going after that. Brian should be buying his,
his creator coin and his, his content coin. Like I don't have any, like, yes, go for it and go for
it even harder. Like go for it even harder. Like you're not going for a hard enough in my opinion,
but at the same token, that's a
different audience that you're capturing that attention from. It's a political audience.
You're going to capture that, and that's great. You want to go after it aggressively. The guy's
most viral creator right now, whether you like him or hate him. The same thing is true for what's
happened here with Grok. This is an AI user on X that created on base a real value mechanism that people are trading in a market that was created by an AI agent, Clanker, that automated the deployment, another base star gem.
I mean, Clanker and Banker, if you look, I mean, Clanker is one of the most, the highest revenue producing protocols in the history of base top five. Like, so these are all
homegrown pieces that were living on X that allowed this other AI user to come on X and create
this insanely viral moment. And it feels like it, the, the, you know, basically what it was like, we just want to
sweep this under the rug. Like it's never happened. The way that I look at it is like, when you get
a scalable viral moment like that, and if you do not go after it and you do not capture it,
it's like, yeah, yeah, that was kind of cool. Like you start to like lose trust. Like how bad
do you really want it? Like, like how bad do you want to win? Like,
do you like, because this is, it's a digital arms race. Look at, look what's how XAI just
raised 20 billion there. They are going tooth and nail. Uh, they're like Roy Crock from the
McDonald's movies. Like if my competitor was drowning in a, in a, in a pool, I'd go walk up
to him and shove a hose down at his throat. That's what
they're doing right now. And I'm not saying that Coinbase should maybe have that same exact tone,
but what I'm saying is how bad do you want it? When you get a viral moment that is so scalable
with the largest AI user on the X platform, one of the most well-known AI users on the planet, seven plus million
followers created by Elon Musk, the greatest entrepreneur of our lifetime, in my opinion,
I mean, all time, and XAI. And you're like, you have to go, like, you have to shine light on that.
You don't have to shine light on the ticker. You don't have to shine light on the ticker. You don't have
to shine light on the market cap. You don't have to do any of that. You need to shine light on what
happened here. And the economic consequences are that Grok has a wallet on X that has earned over
a million dollars in fees. And Grok's wallet has about 115 ETH in it from this automated creation with other base AI agents.
And that puts Grok's ETH wallet, just the ETH alone, as one of the top 0.0001% ETH wallets on the entire base network.
I mean, this is crazy.
So that's my, if I have any gripe, that's my gripe.
Now, I will say I love Coinbase.
I love Base.
I've been a Coinbase user since not long after they launched in 2012.
And I still am today.
Coinbase One user.
I use all the products.
I got all the merch.
I do it all.
The Base Power user I made across wallets.
Everyone's going and checking what they did
in 2025 i made over a hundred thousand transactions on base in 2025 so i'm a base power user i use
brachy all the time i use it almost every day that's an app on farcaster you can bet on sports
i also post about it oh i don't know about every day but i interact with with tldr all the time
now folks just think i post about like DRB
because they're missing the forest for the trees. I'm posting about something that's incredibly
viable that needs application if you really want to win and want to grow. But if I post 100 times
in a day and 97 are about the Grock wallet, you miss the three about Bracky or I use Banker every
day and have for a long time. And I go to the shows, GM Farcaster
in the morning. And I support this ecosystem at scale and in a very powerful way. So what that
means is I want to see this ecosystem grow. Because I know if there are 10 million more users on the
platform, that means that a percentage of them are going to become Bracky users. But if you're not going after the users,
when you get viral opportunities to showcase what's actually happening,
like the cool stuff, like really cool stuff,
because people think it's kind of cool that an AI has a wallet on X
that's accrued a million dollars.
Like people do think it's cool.
Maybe not everybody, but a lot of people do.
And the virality of the whole Grok, Elon, XAI,
you cannot, if you squander these types of opportunities
to really go after it and win and just like,
how bad do you want it?
I'm just like, well, why am I doing it?
I got a question for you, man.
You may have already figured this out, but let's say you were Brian Armstrong or Jesse, maybe, I don't know, someone at that level. What exactly would you do? How do they embrace DRB as an example? they have one of the most powerful distribution tools known to crypto, and that's their listing team. So when you get an opportunity like this on your chain, it should have been a day one
listing on March 7th. It really should have. It was so obvious that this was that moment.
So that's one thing. That's one thing. Now, I know that there's legal implications. Brian's
not going to come out here and say hey
take a look at ticker drb you know or Jesse's not gonna come out and take a look but you could you
could do some pretty interesting on-chain signals I mean Jesse bought five hundred dollars of drb the
other day I mean that's great but that doesn't that's great that's great but that doesn't like
and I'm so appreciative of that I could tell tell you, but it doesn't move the needle.
Here's what they ought to do. This is what I, this is what they should do. Okay. Cause here,
here's the problem. Like we can talk about this, you know, offline if you want, but I think that
what they should probably do is say, yeah, like there's some things like Jesse could do, you know,
like you said, you know, to kind of signal it's cool. Or maybe some posts from Brian would be
cool. But what they ought to do is they ought to hire – they ought to like –
we're talking about crime and charts.
Don't write this down, Rachel.
Don't give them this feedback directly.
Damn, I was literally –
Don't.
Be careful.
Maybe don't pass this along.
They're going to –
Okay.
They'll just – they'll tell me I'm out.
They're like, no, don't talk to him.
But no, they should – there should be a panel commissioned, a group of people,
a shadowy cabal, if you will, that we get together and we fucking come up with the most banger memes of all fucking time.
And it should be totally funded by some sort of like offshore entity that Coinbase can back for us.
And Emily, we come up with the most dopest marketing strategy ever.
And we put it everywhere.
Because you're right.
It's not about the ticker.
It's not about the token.
It's about the story.
Because think about Elon Musk.
This guy loves memes.
He loves Grok, obviously, and he loves X.
How do we attack that?
What is the vector that we approach so far
add some credibility add some credibility to it because we've spent a lot of time i was in
tesla spaces with hundreds of people talking about this because a lot of them were very
interested they were so interested but then the high priests of the tesla community came in
and were like this is a scam this is a scam this is a scam so This is a scam. This is a scam.
So what ends up happening in those situations is the high priests of their community comes in and says this is a scam.
They threatened, you know, I saw some, they threatened canceling some of the community members just for talking about it because it was crypto.
We needed like a credibility boost at that time.
Fortunately, we just got one.
Grokipedia did the article on debt relief.
There are only two memes on Grokipedia right now. One is Doge and the other is debt relief.
And that piece of credibility now has meant so much because a lot of the now it's like,
we don't have to argue the legitimacy of it anymore. But again, our ecosystem where we're
coming up, they have the tools to help us with that as well. And to go
10 months and really just like allow this thing to just flounder is really, it's, man, it just
makes me question a lot of things. Now, does that mean I'm leaving Coinbase? No. Does that mean I'm
leaving base? No. Like I'm building a, I work in TradFi. I have for
15, 16, 18 years now. I'm getting older, but, and, you know, we're launching something that's
going to be really great on base. And, but the gripe is, and also it's like, if I can bring
another 10 million users because of one, I'm not getting 10 million users on my app.
I'm going to tell you that right now.
Like this is a DeFi, like this is not that type of viral app.
But I would love to see they say, oh my gosh, like that's a viral opportunity with what happened with Grok.
We could use this to reach for outreach to a more mainstream market than we've ever ever could possibly imagine being introduced to and
If we could bring more users over because of this event
That makes me feel feel really good with the DeFi app on building because I know if they bring over a hundred users
Two of them are gonna like what I what I built
So you respect your builders by capturing virality with just ferocious tenacity and
Respect your builders by capturing virality with just ferocious tenacity and capturing the attention.
That's what you do.
And if you don't, it is not.
I just, yeah, I don't want to be too dramatic about it, but it's so real that it's at times just maddening and I can't wrap my arms around it.
just maddening and I can't wrap my arms around it. May I ask a question?
May I ask a question?
Yeah, go for it. I just want to say that that is a common piece of feedback I have heard,
Emily Jr., in the community sentiment. So totally agree. Go ahead, Midas.
So any of these co-hosts you could answer, but who is the base app intended for? Like who is the target audience?
I feel like the base team would say it's for everyone.
That's the answer.
But I do feel like, listen, realistically, realistically,
I feel like it has to be for people who are relatively crypto native, right?
Who have an interest in this space and this ecosystem
or rather this
industry as a whole, I would say it has to be someone who has a level of interest in, you know,
blockchain technology in the crypto industry. I don't know. I don't know quickly if you want to
elaborate on that. I thought your first answer was the answer that they probably want us to say,
right? The base app is for everyone. You know, so Coinbase is pretty much
the, I mean, I think someone said Robinhood is what brought them in earlier because of
and all that. But like Coinbase is pretty much the first place you go, right? And I'm thinking
about my wife because I've recently been showing her how to do all this stuff. And I'm like,
she's like, I don't understand Coinbase.
Why do I have to have both?
And, you know, it takes a little bit of time.
But, you know, the next thing is you need your own wallet.
And so the base app is still your own wallet.
The question is, I think that the base app is trying to answer is, you know, how do we make this wallet a place that's more sticky?
You know, they want people to come back and to essentially use it, not just to have a
place, not just an app that you check once a day and say, hey, what's in there?
Like, they want people to be stuck in there.
And so I think the question really isn't about, like, who is it for?
It's just, you know, how do you create something where people want to just live?
And again, I know I sound like a broken record,
but it goes back to what I, to my feedback, like the, the group messaging there could be a huge
game changer if people, if they could really embrace the community side and say, Hey, there's,
instead of it just being a group chat, it's, it's, you know, and again, I know some people
probably hate telegram. I know I did for a long time until I, you know, started living there every day.
But, like, you know, it's similar kind of mentality.
Like, if you can have a place where people feel like, hey, this is where my community is, that I think could be a huge, huge asset.
Because, you know, going to check a social media feed, I mean, I've had – how many times has someone tried to beat Twitter? Like, how many different apps have come up over the last 10 years that have tried to compete with Twitter?
And I don't know.
I mean, none of them have survived.
None of them have made it, right?
And so you can't compete with that.
But, you know, if you can figure out, I guess, some sort of alternative option to, like Rachel said earlier, all these different apps that you have to go into
discord telegram twitter like it gets exhausting i think i think listen i think at the end of the
day what they're trying to do obviously is build the everything app where it's a one-stop you come
in and you don't have to leave you have your instagram type you have your texting like telegram
but i just wanted to chime in none of that this is my opinion none of that matters they're not
going to bring on the normies to use it um masses. You know what will, this kind of goes to what
Emily is saying. Get a coin to pump. I don't care. Forget about DRB. Yes, I like DRB, but whatever.
Get a meme to pump. You have to capture virality. And once you start doing it,
then everything will flow back to this ecosystem. You'll have more users come on the base app. You'll have more people come on chain because they want to see, oh my God,
what's this chain printing millionaires? That's how you capture interest. And when they do that,
pump whatever you want, but get money, get attention, and then everything comes and
sorts itself out. And so base app has a long way to go. I agree with the chat function. I think the
chat's the one interesting part of the base app. It's still, you know, being able to send people
money within the chat is super cool. And I've been doing, I've been one of their number one
testers, my group for the last like couple of months, and it's been good at tons of bugs,
but you know, they take the feedback. So I know eventually they will get to the point where,
you know, they'll, they'll compete with the far the farcasters i mean they have to at least start competing with farcasters
they're so far behind but eventually it will come but only way it will ever become something
is if the chain starts popping and that's why i think creators uh you know builders are adamant
do more than just creators or do more than just content coins do more than just creator coins and
again i love
creator coins because i did very well but i'm speaking for the benefit of the chain show some
love to memes get get one of these things popping it won't even take too much for coinbase's unlimited
funds then watch and see this chain explode so i highly recommend base team please push something
get the that's how solana did well that's how you get people interested in this
change and i mean imagine with the wallet the grok wallet that's a million on base like brian
armstrong mentioning to elon musk elon have you seen this no ticker no coin nothing exactly i mean
nothing you don't need to promote a ticker grok has a wallet wallet. It's very, everyone, like, what are we doing here?
I could have saved, I could have saved Brian Armstrong two hours talking to Threadguy.
I would have just been like, hey, you want your content?
Well, that's another thing.
That's another thing I'd love to talk about.
Yeah, yeah, I would love to hear your thoughts, but yeah.
Yeah, I want to hear your thoughts.
You guys are going to hate this joke, but you're going to hate this.
What if you just, what if you just get Grok to make a creator coin?
Then.
Wow.
If you got Grok to make a creator coin, y'all would have it.
I know you're joking about that.
I've posted that before, but I know you're joking about that,
but it is kind of funny.
It's facts, though.
They would be blowing that shit up.
What are your thoughts on the whole Solana getting
influencers, their opinions?
I think
it's great that Brian
did that because it's the same thing.
You have to go after these different audiences
and I think
it's great. You go reach out
to TG Thread Guy and you
talk and you get some new takes
and then also that creates
buzz on the social feed like people like it's it's viral type stuff it's it's like creates attention
around it um now what I will say is we are in you know um a war for attention across the board
everywhere every any any app you're trying to grow, any blockchain, any AI company, you're going after attention aggressively
because again, that's all upstream
from the infrastructure and everything else down here.
So I think it's great that Brian did that.
And I think it's smart as well.
But the other thing,
the other side of the coin of that is,
I've continually heard the folks at base say from the early days,
we want to help our users go viral on chain.
Well, Threadguy already has all the attention.
He has all the attention on X.
And he's earned that.
He's went out and did his thing, and he's earned that attention.
attention. So like, it's okay to give him more attention, but why aren't we lifting up the best
So it's okay to give him more attention,
and most incredible things that are happening from the people that don't have any attention
like me? I don't get any attention. I have a small account. I post all the time about base.
Yesterday, I was number two on cookie on Coinbase sitting right next to Brian Armstrong.
cookie on coinbase sitting right next to brian armstrong why not like so it's it's perfectly
fine to to do that with with with thread guy i think it's great i actually i think it's great
like talk to everybody get all the ideas but if you're going to go around telling us for two years
we want to help our users go viral on chain but then all you do is help the people that are already
viral and already get all the attention go more viral like that's that's ridiculous that's exactly what i was thinking too because the creators
that i feel like go viral already have followers that they're so it negates the purpose right
and then also i mean okay this is something i have seen all over the timeline the past few
but i will say i can't go viral the six years, I would not go viral on chain.
Even if Brian tweeted me or Jesse tweeted me, I'm not going viral.
Like, I don't have anything interesting enough to go viral.
But Grok, with a million-dollar wallet on base,
has something very interesting to go viral
and perhaps create the greatest catalyst onboarding event
that Coinbase and Bases have ever seen.
So I don't like i i
just happen to be someone talking about it yeah sorry uh rachel and emily i don't know if you
guys can hear each other but you you guys are both talking at the same time sorry i don't know what
happened there but i heard what you said emily and i i i agree to your point like just like pepe dude
like honestly pepe is a great example that shit took over the entire
timeline everybody talked about it there's no reason why a narrative like grok owning or creating
a token and having a wallet with a million dollars in it shouldn't be just as viral as as the pepe
meme is an example um we just gotta maybe there's just a little more framing that needs to be done
and you know a little more narrative uh development and we can figure that out i don't know about that i mean base tweeted it uh right when it came out in march and then
you know for the next 10 months yeah so yeah well back to my original question of asking you know
who is this intended for um because i i was wondering like, as far as content goes, you know, if I don't see anywhere where you could pick like your topics or like preferred, like topics, and maybe I'm missing it or something.
But along those lines, it's like, you know, if we have creators that are talking specifically about educational information, or about, you know, humor, or, you know, we have makeup tutorials or whatever,
like, you know, to find the topics that you're looking for, that could narrow it down a little
more to a niche of, you know, to help creators that are small and, you know, don't have so much,
you know, so many followers already kind of get into that. And then speaking along those lines,
this is, I'm going to send Rachel probably a whole sheet of feedback because I'm kind of get into that. And then speaking along those lines, this is I'm going to send
Rachel probably a whole sheet of feedback because I'm kind of like send it. Yes. But, but I was
trying to upload an educational video onto base. But I guess it was like too long or too big. It
was like 10 minutes. It uploaded to X, no problem. But then I cut it in half. And even then it still went upload. So
I'm like wondering about, you know, those technical aspects too, because I mean, I would,
if I was thinking about like the type of content, we would like to have, you know, Midas is very
much about education, community growing. I'm Dr. Nicole, by the way, I'm a psychologist. So,
you know, just kind of, you know, creating content along those lines is something
that I want to do.
And I try to put on base and it didn't work out so far.
I'll try to have to figure that out.
But, um, anyways, like, you know, specifying like what type of topics you could look for
so you could like kind of narrow it down a little bit would help be helpful.
Yeah.
There just aren't enough users, right?
We've, we've got to you
know if if a hundred new users come to the chain you know five of them may love what you do even
if they came from something that was totally in non-related to which what you what you're doing
um so yeah you you've got to bring you've got to bring the users and you've got to capture virality
um and then more users that come
i forget i don't know i couldn't see who there was talking but whoever was just talking more
users that that come to this chain um is is better for you because more users mean that
a percentage of them are going to like what you're doing
facts let's get some hands over here because we are we're coming up on two hours here shortly so
let's go over who was up uh ryan or or dan yeah ryan tree city has had it hand up for a long time
yeah ryan did ryan we let your hand up brother you okay over there no it's good i switch them
every five minutes it It's all good.
He's a dev, so he knows how to do the math and manage the workload.
Yeah, type with one hand, hold the other one up.
It works.
Yeah, I'm listening to everyone. I got a little bit like a bigger picture type thing.
There are signs that social media is slowing down.
There's people using it less.
I mean, the peak was COVID, so that's kind of obvious.
But particularly in the teens and 20s, they're actually seeing pretty significant usage, dropage, drop-in usage.
And the shift is happening to where people are moving to topic-based groups, micro-communities. So think of like the
on-chain media community. If you go in that Telegram, someone's going to talk to you. You
could post on here all day. Nobody says anything. You go in there, someone's going to talk to you.
And then private groups. Snapchat has seen many, many people join, right? So people are interested in talking,
but they don't want the whole world
in their communication,
which could also be a Telegram, Discord,
or as Quigley keeps saying,
the messaging system in the base app.
There's actually a word for this.
It's called inshittification.
Sounds like Jim Layton made it up.
Can you repeat that?
In-shit shitification.
So the platforms get so focused on profits that they kind of disregard the users.
And I kind of see that when people bring up thread guy and stuff, which leads into like people want more authenticity.
I heard Doji said, put your money where the attention is.
Flannel donut.
What was it?
Some about attention economy.
And Lee Junor just said it 20 a times.
So we kind of have this like clash of where the greater force of the internet is moving, right?
Into like kind of fragmented, private focused communities.
And then where crypto is right, where it's all about the attention and the base app and creator coins, I think, are kind of sandwiched there.
And in the in the grander scheme of things, it's actually moving away from attention and to intention and retention.
So that is what I would like to see.
I know Quigley keeps, again, he keeps talking about the chats being beefed up a little.
And I mean, they're chats, but it's not like Telegram,
where it's like options to interact with each other.
So I think that would be, and then I guess it's on the mini app builders too,
to kind of build their own communities, I guess. But then it's like, I've built a few and I don't even know if anyone's ever used them. I don't really do any marketing afterwards. onboarding into and that uh topics midas i think that's a great thing if people can kind of be
funneled to where their attentions are because right now it just kind of feels you know like
another twitter kind of um than instagram now with the way the images show uh so yeah i would
kind of like i don't know what the decision is there. I just kind of wanted to suggest that, you know, if you look at every crypto chart ever, obviously we have a retention problem.
So that would be kind of my focus.
Yeah, you did a really good job of like sort of encapsulating this entire conversation.
So good, good, good feedback.
And you used a big word that
no one here knew. So you're going to have to spell that one in the comments. I can go back and
Yeah, I'm trying to write this all down and I actually need help with that one.
It's a big word, but it's a good one. It's a good point. I think, you know, we definitely,
we definitely need to all kind of look at, look at what we're building and think about you know what what are the goals and sort of what is
the ideas yeah like if you're not here to make money that's that's you know it's questionable
uh because literally we're talking about magic internet money using blockchain to do cool things
but also like you know we have to fund ourselves and eat and all that.
So I get that piece.
But, um, but also at the same time, you know, I was going to give this, by the way, uh,
Rachel, you, you should be proud of me.
I was going to give this whole like monologue tonight.
I had a whole thing in my head.
I was thinking about just delivering where I talk about, you know, one of the biggest
problems I'm seeing is that we've completely lost, you know, the entire focus of like
decentralization and like using this technology to change the world.
I was going to go into all of that tonight,
but I was like, you know, we need good feedback.
Well, now I'm going to hear this monologue.
No, we're not doing it.
But it kind of speaks to what he mentioned,
what 350 was saying.
I feel like that's big picture.
That's how I think, too. It's like, what are we saying, I feel like that's big picture. That's how I think too. It's like,
what are we, like, what are we doing all this for? Um, and why, like, why are we building all
this technology? And we get so caught up in like, you know, making money. Yeah. Uh, of course. Uh,
and then we start building things that we like, and I don't know, like, how is this affecting
the world? How does this change things for people? That's where you start really breaking through.
And so anyways, that was the short version of that monologue.
We probably could spend on that quickly, maybe on another space.
Yeah, maybe another time.
But that's where my mind is.
We just get so caught up on things that we kind of forget that all of this is being designed because of the things that are happening in the world that you guys see in the news that we sometimes try to tune out because it's so effed up.
We have an opportunity with this technology to change a lot of this, to improve our lives, not just our own lives, but like the
people you see around you. And, you know, that's it. That's it. I'm going to stop. But that's what
I'm saying. Like, we got to figure this shit out, man. And like, you know, what, what, what could
base do to fix that a lot? They need to, in my opinion, focus, continue to focus on building
that network state. I think that's huge. You know, Zen talks about it all the time.
I think if they embrace that and show that, hey, we're building an on-chain economy that can change the world, those are things, that's why I'm here. You know, that's what gets me here. And,
you know, when I see people building cool stuff, you know, I'm like, okay, how does this change
the world? How does this impact the world? You know, Banker's a great example. Banker's a great tool. That's
immediately impacting lives. We've seen a lot of really cool shit happen right here on the
timeline. That's an example of one that's like, okay, there's an easy case. There's a lot of them.
I know Emily's been talking a lot about DRB. DRB, not just because of the – I'll be honest, man.
I think I've told you this story.
DRB, the token, regardless of the story, it actually changed my life.
It helped pay for my wedding.
It actually did.
It didn't relieve a debt, but it definitely saved me from having a pretty big one, right?
So I will say DRB, man, there's a narrative.
It changed my life.
That's incredible to hear.
And again, I do want to say Quigs and congrats on the wedding and all of that.
Again, we get so fixated on the coin and the token and everyone's like, oh, there's a coin, there's a token.
I could literally, again, care less if not a single person in this entire
room bought the coin, bought DRB. But I think it would benefit everyone if you told people
that the AI user on X, Grok, has a wallet on base that's in the top 0.0001% of ETH holders on base
and has earned over a million dollars on base.
I'd never mentioned a ticker, nothing.
And that happened on the X social feed with two of the finest homegrown base products that have ever existed.
Banker and Clanker.
Clanker is top five revenue in the history of base.
And Banker has, like you mentioned, changed lives.
Grok, seven plus million followers.
Elon, XAI, has a wallet on base.
That's all, like, it's, forget the ticker.
Forget the coin.
Like, capture viral moments and go after them.
Like, you want to win so bad or you're not going to.
I felt like Grok had a good idea, too.
Like, let's not under, that's what I'm saying. Like, don't, don't, you know like Grok had a good idea, too. That's what I'm saying.
He actually had a good token idea.
He was like, hey, let's make a debt relief bot.
Let's make a token that helps people pay off their debt.
That's a pretty cool idea, man.
It's pretty bullish.
I was like, you know what?
I'm going to take you up on this, sir.
Thank you, Grok.
I hardly ever sell tokens.
But I was like, hey like i got this wedding coming up
and uh i can definitely use the funds so um i was a big i was a big holder man i got in super early
uh and i and i did exit but i did it because i believed in his message and i still to this day
will tell anyone uh the story because it's a beautiful story and yeah and we say when people
sell they're not selling they're relieving debt I saw someone post that on the timeline. I thought it's funny. Actually. That was it was go actually
Maybe it was good. He's putting the hundreds up. I thought it was hilarious
That's the story dude. That's the that makes it a
legitimate use case for a that's probably it's in you know
You you'd argue that the best story is the you know that Grott created the token on the timeline
Mine is that he came up with a
banger idea that's like hey we're not selling tokens anymore we're just relieving debt so
if you need to sell your bag no no we don't sell shame uh with drb we we we let it go i still have
some i'm not saying i sold all of it but i sold a lot so uh thank you and shout out everyone at
onchain summit met my wife and so uh you know how that goes. Happy wife, happy life.
And thanks to DRB, our wedding was paid for.
But no, to your point, man,
I think we've got to make these viral stories stand out.
And if Base and Coinbase don't see that,
I mean, they got to, right?
They got to come around eventually,
like really start
hammering this thing but a listing take some notes from elon take risks to capture attention
look at all the stuff grok's doing on the timeline i mean it's it's crazy and i guess i
listen i was listening to a podcast they do that on purpose because they don't they know some people
are like it some people don't but they're they're gonna nail attention and that was the most viral
thing going on online is grok putting bikinis on you know whatever by the way i don't like the
fact that you can just put a bikini on anything i think they should like find a way to censor it
slightly well wait till people are wearing wait till people are wearing the glasses uh you know
around town and and they're getting the same effect because that's that's that's that's not
too far off yeah you're gonna start seeing a lot of uh me and and looking at people differently if my kids are around type situations
that's all i'm saying like you can't just like let somebody just put a bikini on whatever they
want but hey we'll stop with that i don't want to turn this into a anti-censorship uh tirade uh i
think it's a cool ass fucking ai and i'm happy that it's here. But, yeah, I'm a little worried about some of that other shit.
But I do have a hand up from Danny, who's also a builder on base.
Yeah, for Danny. He's got his hand up for so long.
He's doing some really cool stuff.
We haven't had a lot of talks, but I know enough about him that he's got some pretty cool stuff he's working on.
And I'd love to hear your feedback.
Let's hear it, Danny. How you doing?
Hey, what's up, guys? Just a heads up. and I'd love to hear your feedback. Let's hear it, Danny. How are you doing?
Hey, what's up, guys?
Just a heads up.
My mic may cut in, may cut out.
If it cuts out, we'll catch you guys next time.
But if not, I'm going to go on and say what I wanted to say.
First thing is whoever was just speaking about debt relief on chain didn't even know that existed.
Wouldn't know that existed because all i hear about there you go
all i hear about our shit all i hear about is coins right i wouldn't know that existed right
and so i think we as an industry have a discoverability problem and i think it's industry
wide and i think a lot of the frustration that we're seeing being taken out on brian jesse
coinbase and in particular the base App is just kind of like the leftover
essence of lack of discoverability, lack of distribution. We don't have distribution,
right? We just don't. And there's a lot of reasons for that. And I think Base App and Coinbase in
particular are positioned to really change all of that, which is a great thing. How we go about
doing that, I think they're in a
confused state right now, and that's okay. I think they're basically in 2022 and in competition with
Solana, with CreatorCoins, and I think there's some fun things we can do with CreatorCoins.
And in fact, I'm going to do something fun as a brand with CreatorCoins on Friday, just to test
it. But that's another story. So what I really want to talk about while i have this mic and while i
have some of you guys's attention i know it's late um is perspective from a builder standpoint and
from the people i deal with every day which are just normies that aren't really either into crypto
don't know enough about it haven't come on chain maybe they bought dodge coin three years ago maybe
not um the first thing is i hear a lot of like pump this and viral that
and that's not how TradFi works, right? Yet tons of small companies who are positioned to add value
to humanity, whether they sell water or cups or whatever it may be, at the right time got a
massive amount of funding, organic funding via TradFi rails. We're talking about stock markets, right?
And unless we're talking about like penny stocks, where Jim Cramer came from, which was pumping dead
penny stocks, and he's always wrong. It's not about attention. It's about discoverability,
right? And we have an industry-wide problem again with discoverability. So I think the way to solve
this with the base app and with Coinbase, right? And I think a big part of this, as Coinbase grows into TradFi Rails and we can trade CVS
and Walmart on chain, is discoverability through the base app.
And I think that begins with Coinbase's new DEX integration, right?
Introducing, you know, small projects to the masses, right right but we don't really have a way to
search that we don't have a way to sift through the madness of attention you know and so what
gets found and discovered is just the biggest shit coin pumped by the biggest morons like fred guy
right and so people come in they buy a shit coin or a meme coin they get rugged and they leave and
they never come back and then i have to deal with them people like me building serious products right things like gemworks things
like people powered uh things like handiworks right real companies um i have to deal with
convincing these folks that hey i'm not that i'm not a meme coin i'm not a meme i'm not a cartoon
and i'm not a confusing ticker and i'm'm definitely not friends with ThreadGuy, right? For them to even consider interacting in a business sense with me,
right? And I've had nothing but a frustrating time as a builder, not just on base,
but within the entire industry itself, dealing with just normal folks, right? Because a lot of
the misconception is that
just you know it's all about attention and and and what you know meme coin is next and and folks just
can't find me right and so i think a big part of that is just going to be an index a way to filter
through projects and i think base app can can pull this off a way to filter through projects by
industry category i think is going to be a big value add for the whole industry.
And I'm going to tell you what my experience was with the BaySat.
I log into the BaySat as just an investor.
I have $20,000 to invest in a project.
And I get met with a search icon.
And then from there, it's this week's picks, trending coins.
And it's confusing.
There's just a lot of tickers and cartoons, and I'm not really feeling very serious about it.
And so I just kind of move through it.
And then once I arrive at my ability to search through actual projects, I get these options.
Trading must-haves.
Play games.
Connect with creators.
Earn crypto.
Make predictions.
Create and earn.
On-chain utilities. Bet on sports, discover music, pay on-chain.
And that's it.
Right?
I don't get anything like financial tools or I can break it down and find that there's a debt relief project.
Right?
No one's going to find gem works because gems and jewelry aren't a category I can search through on the base app or even on Coinbase, right?
Disaster response, for example, another big potential to onboard millions of folks funded
by governments, never going to get found.
Discoverability is not there.
And I think that we saw that with an index.
And I think Coinbase and in particular, Base is in a great position to assist with that
by just adding a project category filter by industry.
And I think that's one big value. They don't have to do it right. But I think that's going to be one
massive value add that they can add at a point. And I think that they should. And I think that's
going to solve a lot of the distribution issues. And it's no longer going to be about attention,
but about what's useful. There's folks solving cancer on chain. There's biotech companies on chain, right? We don't need to be in competition where whatever Threadguy
said is the big shit coin next is what gets all the attention and all the money, right?
And really what it really does is it fucks with my business because a lot of people think,
well, that's stupid. And I want to get real particular on this. I'm going to make one
more point and then I'm going to be done yeah one and this point's big because here's my personal experience right and i'm going to make
this point and then i'm going to be done right so and this isn't this is important the masses only
see what the industry shows them it's a battle for mindshare we all know this between serious
and unserious folks the pushback that we're seeing it's not about base so much as it is about the
industry itself right with base being a top five leader in the industry, promoting things that hold no
substance, paperware, and further dragging the optics of the industry into the investments or
purchases that are useless categories isn't a good thing. A category spearheaded by pump and dump
communities and useless folks, yeah, like Threadguy, right? It's an elephant in the room and everybody
wants to talk about it, but nobody knows what to do about how to change it, right? To the point where we're
going to get respect. When we say, hey, we work in crypto, hey, I have a crypto project, right?
And so I want to just kind of fast forward to my personal experience, right? And this is the
feedback I've gotten from people when I launch businesses in the space. And I'm not giving up.
I love crypto. I love blockchain. I love the space. I love the industry. I love the amazing things that we're all going to do together within this industry. If we have a little bit of
change, right? And for me, that starts from my personal experience. And I'm just going to give
you that real quick and then I'll leave it open if anybody has a question and we can get on with
the next, right? But here's what's impacting me. I'm not alone in this stuff and this stuff weighs
on us all, right? And really any developers building for normies and consumers or building tech with blockchain and crypto integrations.
For me recently, a principal defense architect at Oracle begged me to drop crypto from people power so he could fundraise without the bad perception.
A former board member at the Red Cross asked me the same thing. Just drop the crypto and we'll back you. No, I'm not dropping what's actually going to make this massive.
A VC friend in New York City who everyone knows, whose company got bought by WeWork before the IPO
dropped out, said to me for the 20th time, he won't back anything if I put crypto on it.
He just tells me, just kneel and drop crypto. crypto no i'm not going to drop what's useful
right a large gem dealer in europe whining to me about taking payments in crypto for ethical reasons it's full of scams right and this is these are just normal folks folks on the outside and this
is what we as builders are dealing with right and so it's it's it's up the business model
but coinbase and base are in this beautiful position to literally change all
of it and they should and i think that that starts simply with just an index a way to find these
projects that are out there that are not just lumped into a attention latest meme category
that's a category in and of itself sure but it's not all there is in the space
so that's that's my feedback for tonight i
think you got a lot of i think you got these guys fired up to respond to you but i just want to
mention um this is good this is good feedback uh from someone who's doing something different out
there uh so respect you for coming up and saying your piece man yeah emily go ahead man i could
tell you yeah i mean if we if we continue to make like thread guy, the fall guy, I think we're doing our industry and ourselves a major disservice.
I think this has nothing to do with thread guy. Thread guy does what he wants. He talks about what
he wants. He does what he wants. Here's the problem. No, here's the problem. Here's the problem.
What we elevate at on, on our ecosystem here at Coinbase and Base,
which you say, great,
they listed Peanut the squirrel,
Mudang the zoo animal.
Okay, like that was their decisions.
That's what they did.
That wasn't what Threadguy decided.
That wasn't Threadguy saying to do this.
And so, and Brian talking with Threadguy,
absolutely.
I mean, CEO of the largest company,
Threadguy's the largest viral guy on crypto Twitter.
He should be talking to him and hearing what he has to say.
It doesn't mean you have to do what he says.
But the discoverability and the platform and all the cool things that are on the platform,
I just want to make this very important.
None of it matters.
The new feature on the app does not matter.
The increasing block speeds by milliseconds does not matter. All of that attention is upstream from all of that. And when you get viral opportunities to bring people on chain, whether it's the Nick Shirley coin or Grok having a wallet, having
over a million dollars on it. You need to go like your life depends on it to make those moments to
bring people to the chain. Because once you get them there, some of them are going to stay, some
of them are going to turn, and some of them are going to like what you're doing, Danny. If a hundred
new people come to the chain, maybe two or three like what you're doing, maybe 10, maybe 20. I don't know. Um, but you have to go after this stuff. Like your life depends on it or you will literally
die on the vine. Like that's, that's, that's it. So I think it's both, right? I mean, that's how
I've always, that's how I've always, uh, tried to, to, I know you guys are like, you're on the fence,
bro. That's it, but you do, you you need both you need both the attention and uh you need
to focus on how can we support you know people bringing real businesses on chain real on chain
you know i yeah that that's that's really ultimately what the answer is like
and it's is it downstream or upstream emily's right i think attention comes pretty it's
it's pretty important i mean you can't you can't just like you can i mean
i can speak for i don't know probably there's probably 10 000 amazing apps and ideas that
people have come up with just in the past few years in web3 that you will never know about
it is just gone because there was no attention there was nobody nobody to hear it and see it
uh it's the tree in the forest right like it it fell and no one no one heard it because there's
nobody there so you gotta have the attention man that's like number one but to danny's point uh
when people start showing up and they're like hey what's going on here what do i go next if they
can't find uh shit that they're interested in, they're going to be lost, man.
And number one, and this was part of my whole monologue I was going to do, is retention.
We could bring a billion people on chain because that's all we hear.
We're going to bring a billion people on chain.
If 500 million of them leave the next day because they fucking got rugged by some coin that literally just goes down
That's it and they're gone and they're not coming back. Yeah, they're not coming back
They're gonna go right back to just doing what they do and that's crypto is a scam. You'll never ever convince them otherwise
And can I also say one other thing? Okay, this is huge. And I feel like
this has been a big sentiment. This has been a big piece of feedback I've heard. I feel like
whatever due diligence processes that the team has needs to be improved. Supporting known scammers
needs to not happen because that as an industry as a whole doesn't make us look good. And I think
when you have a brand, a publicly traded company as reputable as Coinbase, I think it's important for there to be a level of due
diligence, right? And not supporting or engaging or amplifying their own scammers. Yeah, I think
that's a huge thing I've heard. That's like the number one easiest dunk right now on poor Jesse.
Like you can't support Soulja
Boy and then and then not show up for you know Nick Shirley and Grok right like
come on man we're gonna drop we're gonna leave it we're gonna leave it we're gonna
put that down Jesse I love you man I'm just I'm just saying we love Jesse we
see it we see it and we're on your side but but yeah man like him hit a brother
up next time you want to you you know, consider something like that.
Because I could have told you the story, man.
There's multiple stories about that guy.
To give him the benefit of the doubt, I mean, he is running a major chain.
I know.
That's why you rely on your homies, man.
Hey, should I say something about this guy?
No, dude.
like not this time let that one go let him do his thing just let him go if you're gonna say
Like, not this time.
Let that one go.
Let him do his thing.
Just let him go.
something actually say something about how he shouldn't we shouldn't be supporting that guy
because he's not he's just you know track record track record is a track record um i can't imagine
anyone else leading base by the way i think you have to be relentlessly optimistic and just a he
has such a big heart and he's such a strong person. And, you know, I've connected with him several times.
And the reason I chose to build on base is he was there on day one for me.
You know, the first day I launched my media company, he was there.
He was in my DMs.
Like, you don't get that on.
I've never had that on other chains.
Like, so I feel like, you know, I do see a lot of the good
and you get a lot of things on base that you will not be able to find elsewhere.
So I don't want to discount the good, but I'm just saying.
I'm going to give him the Babe Ruth, you know, the old Babe Ruth, you know, sort of like framing, you know.
Like, you know, sometimes you strike out, but, I mean, nobody remembers that shit down the road, right?
Like, we know what he's famous for, and he's a champion, man.
So no shade at Jesse.
I was just saying, man, sometimes there's a couple of own goals recently that we just need to, you know, we need to say, hey, that happened.
How can we avoid it?
And, you know, you got people like us, Emily, Rachel, myself, Bill, reach out.
We'll gladly tell you, hey, that's probably not a good one.
Go, you've had your hand up, man.
And I haven't seen you for a while and haven't chatted with you for a bit.
So I'd love to hear from you.
Hey, what's up, guys?
Let's go.
I feel like it's a little hard to follow Emily's passion at this point.
But I'll get – look, thanks for hosting the space tonight.
You know, it takes, it takes a lot of mental energy to be able to hold something like this.
It's especially this, of this high quality together for this long and to bring all these
all these people together. So you guys are super talented in that way. And I'm very appreciative.
people together.
So you guys are super talented in that way and I'm very appreciative.
So thank you there.
kind of ride Danny's coattails a little bit, especially with him talking about discoverability.
I have been just kind of on my own trying to build a mini app that works on Farcaster and the base app at the same time.
And not being a dev myself, it's incredibly challenging.
But I'm thankful for tech like Nainar who I can talk to for almost two weeks solid and be able to start to put something out there.
to for almost two weeks solid and be able to start to put something out there.
But it's a little discouraging as a quote unquote builder when a requirement for your
app being able to be listed or found or whatever in both Farcaster and Base app is X amount
of activity within it or mentions of it or something. I'm not,
I'm not exactly sure what's required. And I don't know if you guys have mentioned this because we
showed up a little late, but I really hate that you just, if somebody deploys an app, like if
somebody publishes an app to your, to your platform, you should be able to search it and
find it. Like, I don't, I don't, I don't understand why there's an activity requirement to be able to search it and find it. Like, I don't, I don't, I don't understand why
there's an activity requirement to be able to find it. Like, I think that's stupid. Um,
for, and I'm not, I'm not saying that selfishly. I'm saying like, if you're interested in the topic
of debt relief, how many people here know that Emily Jr. has published a Farcaster mini app, which showcases the Grok wallet.
Like I do, because I have it pinned in my, you know, in my mini app section, but I don't know
who else here does. And that's not pointing a finger at you guys. That's that point, that
points a finger at the discoverability component of this is that like, if you want to be interested
in debt relief,
you should be able to search debt relief in many apps and see what pops up.
It shouldn't be dependent on the fact that like X number of people have it
pinned or using it,
or if the ticker is trending,
like if it's built,
it's built and you should be able to find it.
But you can on Farcaster.
Well,
okay.
Well,
I'm just saying it's like, maybe not base app. I don't know. I don't know, but I well okay well i'm just saying it's like maybe not
base app i don't know i don't know but i'm just i'm just saying it's like i know that that that
that barrier exists and so i just think that like for for builders that maybe and i've seen this too
is that one of the kind of common qualms of the builder is that they aren't the marketer. And so it's like, if they're not the marketer,
but they are the builder, and they just need the, you know, they want to build something for the
app to discover and use the current formula sucks, because like, who's, who's able to discover it?
If it requires activity, you know, I mean, if they're not skilled at being able to discover it, if it requires activity, you know what I mean? And if they're not skilled at
being able to, to market it, or to, you know, the social part of it, of like rallying the troops to
share it or whatever, you know? And so I just, you know, out of all of the things that I could
either say or kind of bring, I just, I feel like that. And then, you know, it feels like,
why are mini apps an afterthought? Why do I have to go to the magnifying glass in order to find
mini apps? Like it, like it's such a, it's such an innovative product. Like that, that should be
one of the main, that, that should be one of the main, you know, icons on either in the footer or
up there in the, I guess, pseudo header where it's
like top right. Like, I just don't, I just don't know why it's not more, why it's not more front
facing, I guess. So anyways, I didn't have like a huge call to action, but I guess in the issue
of discoverability and me currently working to try to build something that could be potentially discoverable, for all of us who are kind of like in this weird limbo user slash creators like space, I think that could change.
Light bulbs, not tulip bulbs.
That's how the grid took off, right?
How do we create things useful to make this grid work?
The electric grid I'm talking about.
Thomas Edison, who sat day in and day out,
trying to figure out how to make something useful for the everyday person, right?
Because he knew he couldn't sell his grid.
He knew he couldn't sell the electric grid. He knew he couldn't build what he really wanted to build like base with its
grid, the electric grid. So he had to create the light bulb and then showcase it. This is something
we can all use. And then what he did from there would probably surprise all of you. All the
appliances in your kitchen, he built those. He invested in people building those because he knew
that's how he would sustain his grid,
his electric grid that we all use now, right?
By funding the appliances.
I like that word, appliances, right?
By getting behind the everyday useful things that everyone uses, right?
So I say this all the time.
I say light bulbs, not tulip bulbs.
We can scream about what's viral and attention and we can buy the latest shit coin
from a pump and dump influencer. And that could be how
we onboard everybody through shit coin groups and then they all leave
because they just don't think it's useful. So light bulbs, not tulip bulbs.
Discoverability. I don't know that there's light bulbs out there because I can't find them.
And I think they wealth effects that I disagree, those wealth effects, you've seen them happen on Solana.
And that has spawned multi-billion dollar operations.
Look at Jupiter, look at all of these things because people made money on the app.
So you'll churn, you'll lose users.
And that shouldn't be that.
I'm not saying that's the main focus, but if you're not going, if you're not going after that, if you're not going after those best, not pump and dumps, obviously, but there are some really incredible mega scale opportunities that that absolutely can be that that are mainstream opportunities that are so difficult to get, but we have, but there's just not a, there's no sense of urgency
at all. And that's, that's, that's, that's, that's discouraging. That's part of it.
I just want to share really quick if I can jump in here. Not all of it.
I think that's something really useful that, you know, I know some people have said, oh,
base is focusing on creators too much. I think really amplifying creators, media, content, I think that's something that every brand, every project is going to have to master.
And I actually pinned a post from Cody Sanchez, if you guys know Cody Sanchez.
She says, by 2030, every company will need to become a media company.
Why? Because attention is the ultimate competitive advantage.
And she talks about how they use media
and content as a funnel, right, for their sales, for clients, for leads. And I think every project,
you know, in the attention economy of today will have to really master that and do better with
storytelling, with content creation, with media. So that is something I see as a huge use case.
And it's why I've created on-chain media because of that. I think everybody,
every project needs their story told.
Grok freaking needs his story told.
So we need the storytellers
to really unite right now
and come up.
And I see Midas laughing.
We need to use the distribution tools
that we have already at our fingertips.
And Coinbase has the greatest distribution tool.
I love the Aerodrome Dex setup
where you could buy anything on Coinbase,
but we're not there as an industry
where that's actually like lends itself to credibility.
There's no other credible sort of event
that can happen for a coin than to be listed.
And that creates mega distribution,
mega attention, all of those things.
So if we're out here listing, you know, peanut the squirrel and mudang the zoo animal
and overlooking the fact that Grok has a million dollar wallet on your network
that was created along with two of the shining stars of your network, what are we doing?
And then to Danny's points, and I deal with this as well,
you know, crypto is looked at as a joke in many cases
because we promote those things and the Hawk Tuas of the world.
And then when something like this happens, we're like,
yeah, I don't know, Thread Guy's not talking about it.
So we're not going to take a risk.
We're not going to help push.
We're not going to help put our distribution power behind this.
I heard all the guys say all coinbase and base guys we
want to help you go viral on chain well i don't want to go viral with hawk toa i don't want to go
viral with um solana slop mudang uh you know that's not what i want to i want to go viral on
base with the cool stuff that we've been doing so if that really is something that you want to do
then then do it and don't just talk about it, then do it. Because
if you don't, then we sit here 10 months later saying, why are they telling us this? That's not
what they want. They want to help the people that have already been going viral go viral.
And again, I want to say, I think it's amazing that Brian reaches out. I don't have any gripe
on that. I think you should do a call every single week with them. But ThreadGuy already has all the attention, all the virality. And if you're saying
that you want to help us go viral on chain, then help ThreadGuy go more viral. I love that.
Help ThreadGuy go more viral, but help us go more viral as well with the coolest things that are
happening that have mega scale and virality. The app that I'm launching with my fund,
that's not going to go viral on chain. It serves a very good DeFi use case on yield,
but that is not, and I'll get users, I will get users, but I will never come close to having the
power to bring on board with Grok having a million dollar while telling that story appropriately.
And I kid you not,
if I had my app live right now and they weren't trying to get as many users as
possible at every, I'd be really like, and it's actually has me,
it's had me think many times, like, am I doing the right thing? Because,
but I'm building on base. I'm not leaving base, but it is,
maybe that's the problem too. They, base. But maybe that's the problem too.
Maybe that's the problem.
But anyway, I do have to hop, guys. I want to just thank everyone and Rachel and Quiggs.
And I do want to say, love Coinbase.
Love Base.
Jesse has been great to me.
There's so many people at that company that have been so good to me and have helped me so much in our industry
Would be in a far worse spot if we did not have coinbase
And so it far worse. So, you know a lot of passion and emotion
Around this because I want to see this I want to grow so
Thank you guys so much and I hope I hope you'll invite me back
We're gonna run it back probably next week dude so
mark this you're always welcome go okay you guys mark it down on your calendar next week same same
time we're probably just gonna go from Toshi joining yeah we have to run it back for sure
Emily you got to come back bro for sure yeah there's a lot more to be said so Emily junior
I was gonna say uh him and I have been chatting about him coming on the podcast as well.
And I really love his story
and his passion.
So yeah, we'll run it back.
Who's this Based All Might guy down there,
by the way?
He's just been hanging out,
just sitting on his face.
Based All Might.
He's the inspiration for this space.
He was commenting somewhere on the timeline.
I would love to see a community round
table people having their feedback so we we should pass it over to base all mike is the uh the inspo
here and he's creating art of all of us in in the comments too i don't know if i like the villain
style though i feel like i look really weird i haven't seen this yet so i'm gonna go look while
he's talking you better not get me. Quickly, yeah.
I took the risk of putting my face up here this last few weeks.
Don't make me regret it.
You're about to get the boot.
The villain arc looks great on you, on all of you.
So, I mean, there's been a lot of interesting takes today,
and I'm really glad that you guys
hosted this space um i think these conversations are important and like you were saying earlier
it does need to be constructive so i think everybody's made a lot of good points
i mean there's folks from like flannel donut and stuff who had their take on creator coins
which are controversial um i know we talked about this so we talked about
this um the other day or earlier today i don't know my day is kind of blending together but
i think i think one of the things with the creator coins is that we also have to remember that um
it is new but i also think that's also on how to help navigate or educate new creators coming in on what that means.
Because right now, I think I even said in the comments, the issue is that with what we have currently,
whether you want to be a creator or not, or have a creator coin, you're forced to on Zora.
You have to remember that with these social apps, or social apps in general,
not everybody's trying to be monetized.
And I think part of that too is
even if you have creators
like Quigley or like Fiddy,
it doesn't mean
you necessarily know how to
operate a coin.
So... I think that's an entirely different
business model. It's a lot of responsibility and there's a lot of risks. I mean, this is something
I want to talk about. And I feel like whenever I bring this up, it's kind of like not something
that's prioritized, but I'm serious. I have some friends like who are like, you know, CEOs of companies who are like, yeah, I literally cannot make a post on this app. I can't
coin a post. I can't have another market cap associated with like me personally, my brand,
like it's a conflict of interest for some. So I would like to talk about the education and
awareness around that and, and really have people understand like how do you how to apply best practices right right practices are always important um but like i said it's it's kind of
like this new frontier it's like is once you're kind of forcing everybody to like they now are
technically an owner of a project at that point it's kind of weird in a real real real gray area
yeah i mean it's an entirely different...
So, you know, look at Nick, right?
He's got his creator coin that, you know, he's got a couple different tokens, I think, now at this point.
But, you know, is he supposed to be, like, you know, working that thing like it's a meme coin project?
it's a meme coin project?
Or is he supposed to open up a telegram and get a buy bot
and do all the things that people have been doing for the past few years?
No, he's not.
And I know he's not here tonight,
but my partner that we do a lot of streams and whatnot together
and work together, he's been a strong critic of creator coins.
And we launched one together with our stream. And he told me, he's like, look critic of creator coins and we launched one together with our with our stream and
he told me he's like look we're gonna we can do this but i'm not doing shit for it i'm not doing
one single thing for it because if it if i have to do anything for that for that token to succeed
then it's a failure like it doesn't make any sense why would anybody come here to make stuff
and be a creator and put their art on here and if they
have to do all this other this other stuff i mean and and i and i kind of understand that like if
you're a content creator on instagram do you want to have a community of token holders do you guys
know what that's like is any i mean everybody up here knows everybody up here knows y'all know
all your base knows you launch a, it literally takes over your life.
I mean, you are effed.
I'm sorry.
You're effed.
You're at the win.
Yeah, that's why.
Yeah, you're at the win.
Do you want that?
Do you want a token that you have to live with every day, every time somebody?
And I'm sorry, don't take offense to it.
I'm just telling you because language barriers are real.
I'm not saying because you live somewhere you don't deserve information but having a conversation with someone on the
other side of the world in a weird time zone saying stuff that doesn't make any sense to you
because it's probably just poor translation it it'll it'll end your life like you will just be
like what is that why did i do this why i can't answer these questions anymore. I can't do it. And so do you want that?
And so creator coin, do you make one?
And to Render's point, that's what I'm talking about.
If you launch one, you shouldn't have to build a flywheel.
You shouldn't have to build utility.
You shouldn't have to do all these other things like updating your deck screener.
Can you?
Yes.
If you want to, go ahead.
That's your prerogative but good luck i
mean it's a lot of work it's it you become you become somebody's only focus for for a while and
that's that's a double-edged sword that's all i'm gonna say like they're gonna ask you questions
every day some of these people they wake up and they send you a message and they're like, any update?
What's next?
What's next?
I mean, here's another take. We're going to give people nightmares.
Well, here's another take that I have on the creator coins too.
Because, you know, traction is low.
We do have some like big creators like on Zor and stuff. But the problem that it also creates is that you do have people that are trying to not just,
you know, benefit off of your coin going up,
but benefit because of your following.
And this sets a bad precedent
because like there's, people are petty in this space,
but if they see like a token
and they see a creator that, you know,
maybe they don't like,
they can run it up and just have people,
people, people, their audience or have that person's audience FOMO in and they can they can run it up and just have people people people their
audience or have that person's audience FOMO in and they can just wreck them and ruin their brand
even though they didn't you know ask for that no for sure man and I wanted to say too on the other
side of kind of what I was talking about too like with I'll use Nick as an example um having having
one of the most viral sort of moments in the past, say, month, doing these interviews.
So he's already going to have an astronomical amount of communication thrown at him about all kinds of different things.
So let's say you're that person and you launch a token on Zora and you have fees coming to you.
He's not touching shit.
Why would he?
I mean, I don't know.
I could be wrong.
Maybe he has.
I haven't paid that much attention, but why would he need to?
I mean, he launched a token there,
and those tokens are funding things that he's doing, and that's great.
And so all the comments and people expecting things from him on the token side,
I don't think he needs to worry about that because he's already got, you know, probably honestly, he's probably got death threats and all kinds of crazy stuff happening that he's much more, you know, sort of like overwhelmed with.
So that doesn't matter.
But for the average person to come on there and say, I'm going to launch, you know, a token, you do have to think about that because maybe you're not used to getting 100 messages a day about stuff and so i don't know maybe maybe that's something that people need to consider when
they're when they're launching tokens like how much are you ready for this are you ready for
this can i make a suggestion because i feel like this is something this has worked for me i think
everyone's you know it's going to be situational but what has worked for me is building a business
using what has worked from web to you you know, and first principles, right?
Building a company and adding the on-chain elements to help fuel that, not be dependent on the token success or the chain success, but running a business.
And if you can build a business around your brand, I feel like that will help you to, you know, experiment more freely and not be beholden of that potential point of failure, you know?
Facts. We got lots of hands up. I don't know who was first.
Yeah, we got hands. We got hands for Taze. I see Waldo. I see Midas. I see Panda.
I see some folks in the audience, too. You guys are welcome to come request the mic as well.
Hey, before you take up the next person, I also got to bounce. So I'm going to use this moment to
gracefully exit and also say thank
you for the chance to be able to come
up here and be a speaker. Also give you another
spot for a speaker if you want to bring somebody up.
So I appreciate you guys a whole
whole lot. Thank you.
Thank you for pulling up, man.
And yeah, it was great to see you at OnChain Summit.
Thank you for showing up for us tonight
and providing your feedback.
Absolutely.
And love doing this.
We'll get together again sometime soon.
Appreciate it.
Thanks, guys.
See you, dude.
So I was going to go next because I'm about to actually comment on Waldo and Panda.
But I do definitely think like,
and it's been brought up a couple of times
about just like an education aspect,
possibly in the base app to help,
you know, help builders, help creators.
I was going to tell Rachel, I said,
do you know, like, I don't know
if you've looked up any YouTube videos
on how to like build, like to make
a coin or launch a coin or, um, build a project, but a majority of the videos that our team found
when we were trying to do research were how to build scam coins or how to rug projects. Um, it
was mostly just like negative, um, information or, you know, um, very,, very inauthentic information.
So to have somewhere to go for builders and for new people and possibly kind of incorporating,
like, are you ready for this endeavor, as Quigley was saying, because I don't know if
any of you guys or a lot of you guys do know about the Midas project,
but none of us are devs.
None of us have ever built a project,
knew anything about building a crypto project.
We are just a bunch of professionals
that kind of found each other,
commiserated over rug projects and decided,
hey, let's build one that's authentic. That's real.
That will not rug that we could invest in and be able to sleep at night, knowing that we're not
going to wake up tomorrow and all our money will be gone. Um, and that was the point of our project.
And I, I am so lucky to have like the Midas team and community because we are a team and we are a community.
And, you know, just talking about how to survive in this space or how to gain virality.
There is no, we were talking about this the other day, there's no formula to virality.
There's no way to say, well, A plus B will equal C, right?
Unfortunately, that's just not how it works.
But consistency is key.
And where I definitely see that is with Waldo, is with Panda.
And that's why I said I was going to talk about them.
Because if a base wanted to bring up the projects and talk to the projects that are putting in the hours on the
apps and in the community, those two would win because they live on X space, you know, just
doing spaces, talking to communities, helping other people connect. And that should be rewarded.
Like, I do think that that should be seen.
And I don't know if there would ever be a way to kind of like track how projects build on space.
I mean, obviously, you could see how often they're posting and, you know, how how many hours they
logged on spaces. If that is possible, Elon, let me know because I'm curious how many hours Waldo has been
on because I need to talk to him about that. And again, I will be definitely sending a list
to Rachel about other things that I would like to talk about. But the one thing, again, about Panda mentioned is about ethics and possible missteps that I could see with creator coins is that people wanting to be the next Nick Shirley could create, obviously, more inauthentic information. It could create dangerous situations for people,
putting themselves into situations where they want to be the next viral journalist reporter
and they don't know what they're doing. They don't know who they're talking to or who they're
going to go up to and put a camera in their face. I could just see that just going so far left and,
you know, please excuse my paranoia, but I'm a psychologist. I
worked in prison for three years. I just like, if, if base needs someone to poke holes in,
in ideas, I, you, they could call me because I would be able to do it. Um, and so I just,
I just wanted to kind of bring that stuff up, but I definitely think like education
and helping creators and builders um also find one another
would also be very good and thank you very much for having me up to speak
we're about to have an intervention for waldo let's go we got waldo we got all your
thank you dr nicole waldo she's saying you're spending too much time in spaces.
What have you been doing, man?
No, no, no.
Let Panda go first.
He needs to sleep.
He needs food.
Bro.
Panda, your hand.
Your hand.
Your hand is just.
I just had a quick one.
So really quick, I outlined more or less in text, everything that I spoke about earlier,
but I added two. So Rachel, that's just for your convenience. You can read it. It's in text for
you, but I added two points there. So I have a side of creativity. I'm able to connect DOS between
somewhat, I don't know, seemingly unrelated, but I guess it is related. Jesse mentioned the base
token, right? Is there a way potentially to incentivize like attention, involvement, adoption of base through the token
itself? Like maybe you can use it for like staking within the application. And I wrote this on the
post. If you see a project, a post you like or a creator, a token or a post, you can boost,
you can boost that post. And that's like a form of staking. And if it's in the form of
spam, let's say you stake 100 tokens on a post, you'll get penalized. If the rest of the community
doesn't back that post, you lose 10 as a punitive measure. But if it does well, you get to get your
tokens back and your XP, maybe you get this non-monetizable thing
called experience points, goes up.
And that could be a form of reputation score, so to speak.
Yeah, that would be one.
And another one, like an IRL wizard,
like if help creators,
like if we wanted to do a concert, for example,
help us create like IRL based
tokens or something where like users could come to like a concert, maybe it's a Panda
Pal specific event, and they can scan their phone, it's a token that's on chain that can
be verified. But it can be done in the base app itself, which would encourage people to
build on the base app and discover as well.
So you could like connect to IRL, but just having that like IRL wizard native to the
app could be helpful.
Like anything from like an access pass, just anything like it.
And it could be fulfilled through base and verified on chain when like a ticket or something
is redeemed.
So I don't know know like i think just
integrating the the base token is one and having some sort of like base native irl like i just put
the broad strokes there maybe that sparks creativity um for someone else um at the base
team but just thought i'd throw that in there those are good ideas and but for some reason
my brain i'm sitting here thinking like we're gonna have like IRL wizards like I was thinking like Gandalf is gonna be we're gonna have on-chain wizards
man like real IRL and on-chain wizardry uh I actually think those are cool ideas um so sorry
for the joke there but I was actually that's how my brain started thinking like wait is he saying
we should have wizards?
Like, it's like an online tool, so to speak.
Last one.
I wrote this in the follow-up comment.
Maybe you could have like, one of the speakers earlier talked about getting listed.
That's a pretty cool idea, but maybe you could do that through XP score.
XP would be like non-monetizable, but you accrue it through quality posting, which could be defined however it is
defined ultimately. And at a certain point in time, you could redeem your XP and submit it into like
a lottery, so to speak, as lottery tickets. And then maybe if base wants, they can short list,
like maybe they pick five or 10 different creators, and then a committee picks who they want to list.
And that's a great way to like, yeah, you're really supporting small
creators. It could be anyone who's putting a lot of work in on the base app. That would cause my
attention to shift to say, let me use this thing more than I'm using X, or at least cut my usage
of X down. I'm going to put more work in on base because if there's a possibility, I could be
listed outright on the centralized exchange. That would be fantastic.
Anyway, just some general thoughts.
I haven't fully fleshed it out, but maybe something you could pass on to the broader team.
And you seriously came.
I'm very impressed with how thorough you came today and just the level of preparation.
It definitely sounds like you thought about this and internalized a lot of this feedback today.
You gave us good homework assignment, Rachel.
So I took it back and started thinking of it.
It was great.
It was fantastic.
Hey, wait, when did OnChain Media get a gold check?
That's crazy.
Oh, my God.
I got to tell you guys a story.
So I upgraded to gold.
And, you know, I wanted to get the OnChain Media, at OnChain Media handle.
This is a very painful moment.
I feel like I need to vent about it for a moment.
So got the gold checkmark and then did the highest.
They said, okay, for you to request a handle, you have to have the highest paid gold membership.
Okay, this is $500 a month.
So I go to bring it to the highest gold checkmark status.
And it charges me for the entire year, you guys.
Not monthly, for the entire year.
So, and they don't do refunds.
X does not do refunds.
So this is a very painful moment, you guys.
So I need this to be worth it.
I'm getting everyone affiliate badges.
I really need this gold check mark thing to pan out.
Because it was rough.
I'm sorry.
That's crazy.
It's exciting.
But also, sorry for the old switcheroo there.
You didn't know.
So you didn't know it was going to hit you all at once.
I did not know because it said $500 a month.
And then somewhere in the fine print, it's like, yeah, we charge annually.
So I, yeah.
All right, everybody, make sure you're following that pretty gold checkmark. Let's make it worth it, you guys.
Please help.
Speaking of gold checkmarks, I see all your base up here.
Who's been sporting the gold check for two years, I think.
What's going on?
Is that Captain? Yeah, it's Captain. Hey, what's going on is that captain yeah it's captain hey what's
up everyone good to hear great great talk um yeah i haven't heard uh from a lot of you guys in a
while i've been uh traveling holidays i'm sure most of you um but yeah there's been seen in tg
a bunch of founders you know there's a based economy group with Koko and Yossik and a bunch of people. And over the holidays, they're venting quite a bit.
So, yeah, I think, I don't know if it's just the season, if we're all just starting to get a little bit fed up.
But, yeah, it's good for us to have these spaces and let it out a little bit.
I know they really are pushing.
There's some changes going on at base.
They have the base ambassadors are meeting in the next couple of days. Uh, I know there's been some changes in, you know, the hiring and firing and
things like that behind the scenes. So, uh, I hope these are, won't go unheard and hopefully we can
make some differences soon. Well, what about you, man? Like, uh, you've been here since the
beginning. So like, what are your thoughts on some of these, some of this feedback? I mean,
So, like, what are your thoughts on some of these, some of this feedback?
I mean, you know, we all saw what was on the timeline, I think, you know, from Coco and others.
You know, what are your thoughts personally as someone who's been here since day one?
Yeah, so it's a little bit of what everyone's kind of saying is like we keep doing everything that base wants.
You know, we're whatever base says, hey, we're going to do this.
We just keep pivoting and pushing the stuff that they want um but you know from the beginning a
lot of us didn't think there was clear path forward even especially zora from early on i i i really
wasn't going to use it when it was the nfts i i think i was one of the first vocal people to say
like hey we don't want every single post to be nft or token we you, you know, all creators maybe can have a token.
So that part made sense,
but it always seemed like they were just pushing things out
before they're really ready,
like the move quick and break stuff mentality.
And I don't think that's a really smart thing
to be doing in this space.
So yeah, I'm just hoping that from learning some lessons
and as they roll out new features
that they do it a little more
strategically yeah well said man i think i think you know i remember at on-chain summit um this
past summer you know there was uh and by the way jesse was like sick and like we were all like oh
he's even going to show up and he you know he toughed it out and showed up under the weather and and
gave it gave a great um i remember that yeah he gave a great speech and he you know he talked
about creator coins he talked about in the beginning like a lot of us he also was like
not sold on it like it took multiple phone calls from uh from his old friend from coinbase
He took multiple phone calls from his old friend from Coinbase to convince him of the creator coin sort of content coin, creator coin, sort of flywheel.
And he talked about that, and he talked about growing the pie, and he gave a great, you know, a great sort of like take on it. But I mean, I think in a way, I think that that should make him more understanding of like,
it took, you know, multiple phone calls.
You know, you're the leader of this chain, man.
And it took multiple phone calls for this old friend of yours to convince you that this is the way this is going to work.
And there's a lot of people man that
just aren't quite there yet you know and and and i don't know i don't know for some people like
they may never get there and and they may not ever understand creator coins but um i don't know i
think that's just just that that kind of like to your point like in the beginning when you first
heard about it you're like i don't know, this doesn't seem right.
A lot of people are on that same wavelength.
And, you know, I think that at the end of it all, all these different formats and types of coins can coexist.
And I think there's going to be more iteration and more things built on top of them.
I don't know if you guys remember one-on-ones nfts like artists came over man we had a lot of great artists come over and make nfts and like
put their stuff on chain and and there was a time where it was like you know a renaissance it felt
really good it felt like hey we're doing something awesome for these artists we're uh giving them an
opportunity and then and then it just didn't work
like there's this parts of it that just didn't work and and there was problems and and royalty
issues and blah blah blah blah and like we just ran into this this this mess and i feel like it's
in a it's a similar parallel to creator coins i think we're just in a in a spot where everyone's
kind of looking at it like how does this actually like is, is it going to work? Like, do creators come here and actually do well?
And can anybody come?
And that's not, you know, unfortunately, that's just not the case.
I mean, they're not all going to work.
And I love the idea of saying, like, you know, if you come to Twitter and you post or X or whatever, call it whatever you want at this point, you come here, you post, you're never going to make a dollar. Like it's just, unless you get to the point where you have a viral post or you, you know, become an influencer
or whatever, maybe you'll make some money down the road, but like, you're never going to make
money. But if you come to base app, you can literally make five, 10, 20, maybe a couple
hundred bucks, maybe a few thousand dollars, you know, pretty easily you could do it. So I get that.
I get it. I just don't know if that's what is going to onboard the next billion people to come here.
So that's the part I don't understand. And then look at the tokens. Look at the major tokens, the top 10.
Look at the charts. I mean, they speak for themselves. I mean, it just isn't quite – it's just not working yet.
I'm not saying it won't. I'm not saying that Zora isn't going to figure it out. But at this time, the market has already stood up and said, hey, this just isn't. I mean, we had probably two of the biggest influencers in crypto Twitter give some attention to these tokens recently and look where it's at. I mean, it's I'm sorry, man. It's just not it's not quite there yet.
And look where it's at.
I mean, I'm sorry, man.
It's just not quite there yet.
But we also have mean coins that have been here since the beginning that have amazing looking charts, right?
They've grinded.
They survived.
They need attention.
So that's all.
I mean, I think that's where a lot of the gripes coming from is like, you know, Coco and all your base.
Like, Captain, dude dude this guy's been here
literally how forever literally since the beginning uh block zero on base these are the builders that
we need to hear about there should be a there should be a a ceremony for this right here so
yeah you guys also a little bit of lore all your base was the first uh meme based project that i
worked on in the community.
That was a big entry point for me.
Thank You, Base God was the first community I joined.
All Your Base was the first project that I worked on in the base community.
And they are super OG.
Anyways, love you guys, man.
I want to jump into your point as well.
They haven't really built.
They should be building out a lot of these products that up support the creator coins.
A lot of people coming in and launching a creator coin, you know, don't want to have the responsibility or know how to manage a coin.
It is way more difficult than anyone than even I even thought, right?
You have to manage liquidity.
You have sometimes move liquidity, different versions of your token.
You have different fee structures with Zora, for example. There's different distribution of the token um you have different um fee structures with zora for
example um there's different distribution of the tokens and the distribution schedules all this
stuff comes into account plus the promotion you can't take a vacation you need to hire a team to
manage certain parts you can go on and on and a lot of this needs to be i think already worked out
for creators um like you know if they have tokens, what do they do with all their
content tokens combined with the creator tokens? Or how do they, you know, boost their liquidity
because they really aren't starting with any ETH or real money liquidity in there. And they don't
even know that. Like that was one of the, I think the worst things to roll out to creators is telling
them, Hey, your creator coins worth a hundred thousand dollars. No, it's not. There's only
$5 to $10 of real liquidity in there. That's all just fake boosted.
So I think they really need to do better at not just expecting us. I think that's what they've
done is like, hey, builders, come to base, base for builders, come fix our problems,
come build the solutions for us. Building a plane in the air, like I remember first on-chain summer,
they're like, yeah, we're putting the plane together in the air.
I remember I loved that quote at the time, but that's not what we want to keep doing here.
We want BASE to actually roll something out strategically.
Well said, man.
Rachel, I got to tell you, I got to hop off soon.
Yeah, same.
I'm at capacity for today.
I've been on call since I woke up, but you guys,
this was something that Base All Might originally proposed, and I got a lot of feedback from people
in the community that wanted this. So I hope that this moves the needle. We are giving documentation
and all of this feedback directly to the base team. So this will be included in the report.
And yeah, if you guys want to see more of these i'm not
opposed to doing more maybe not a three hour one next time like this is our inaugural one but uh
yeah yeah let's let's let's do like a one hour uh part two next week see if we can get a few folks
lined up and um and give some more feedback but you know since we've opened the floodgates at this
point and told everyone here to go ahead and send, you know, send us your feedback, just send it all to Rachel.
Her DMs are open.
All my DMs are going to be thanks, Quig.
No, but you know what?
I really, I want to see this through because I haven't seen like a real organized effort to gather all this community feedback and really make sure it moves the needle.
Otherwise,
it just feels like noise, like shouting into a void. Like if we're not organized and constructive with our feedback, it can come off as hostile, just criticisms, you know, like I want to see
this actually move the needle and promote change. So I'm going to do my best to be organized with
this and send it over to them. So if you have thoughts or anything we didn't cover that you think is
important, drop in the on-chain media chat too.
I think that could be a really great place as well.
Real quick, I just wanted to say, this has been a great space.
Quickly, I apologize.
This has been a really good space.
I appreciate the big brains that were up in here because this is a really
smart individual speaking today.
And I was just being a sponge today and I absolutely loved it so uh Quigley, Rachel, great space
I know Bill was here earlier and everybody else that came up and spoke the comments the engagement
we see it all guys so we really appreciate you it's going to take some time to get all this
put together and pushed up the ladder so please be be patient with Rachel. I'm here to help as well.
So Rachel, let me know if you need any help, I'm here.
Absolutely.
And one of the reasons I brought Kelly onto the team
is his energy.
He is so willing to show up every single day.
And he's helped when we're doing things on various shows.
So I think for this one, you guys,
if you have anything that you didn't get off your chest, if if you still have feedback drop in the on-chain media community chat and you guys Jesse
is in that chat um several different base teams are in there we have uh the ecosystem team community
team the head of research uh legal like there are several people in there from coinbase and base that
will see what you're saying so feel free to drop it in there always good and thank you rachel like i said at the very beginning of the space we
all appreciate you uh hosting and doing all the the the back end work to uh host the space tonight
and get it to put together uh i don't know like people just don't understand how much
uh that takes and then to uh take everything that was said tonight and filter through it and put it together
for the bass team, mad love to you for doing that.
And we appreciate it.
Oh, thanks, Greg.
You and I have spent now hundreds and hundreds of hours of our lives together hosting, and
it's always a pleasure.
I would love to get a regular show.
I think this could be something good that we can do.
But I want to support full spectrum and maybe explore how, you know, the on-chain media can support you more.
Yeah, definitely. We're looking forward to it.
You know, obviously, by the way, I'm going to be talking about drones a lot.
I know I didn't talk about it at all tonight, but that's going to be my topic for this year's.
I didn't talk about it at all tonight, but that's going to be my topic for this year's.
I don't know if you guys know, but, you know, you can now tokenize surveillance, you know, drone footage.
And that's going to be super big on base.
So I'll be talking a lot about that.
Close your windows, everybody.
Close your blinds, everybody.
I'm going to have an entire network of drones all over the country here pretty soon. All over the world, really.
Just be ready for layer drone
because when that drops,
you guys are all going to be like,
what the hell is going on?
Panda, we might need to get Quigley on the space
for this drone talk.
This is sounding right up our alley over here.
If you like drones, be ready for 2026.
It's going to get crazy.
There's going to be drones everywhere and they're going to tokenized you're gonna be literally out here just i got my stepson
i'm like i'm getting a drone for us we're gonna be we're gonna be just doing missions for real
tokens like you know you can play grand theft auto all you want but you know we're gonna be
actually out here doing it for real we're gonna be filming all kinds of stuff. But no, I definitely would love to do at least let's definitely pencil in these feedback spaces for a bit and see if we can get some real action.
Right.
I said earlier in the space, one of the biggest issues I see is that people like Coco is an example.
He's already had the ear of bass.
I mean, they're having conversations about what he thinks.
They're responding to him.
You know, they see him out there.
But it's action.
We need to see if we can really.
I heard the term push the needle, push the needle all night.
I heard that over and over again.
And I'm like, how do you really do that? And I think we had a theme tonight. And I think as Rachel works through
all this information and kind of making these notes, I think we pushed a theme tonight. I think
there was a narrative that came from this space. It was a true organic, everybody got together and
talked. And I think we have a few more of these. There's going to be more of this, like, real true narrative coming from the community that's like, hey, this is what we think and this is what we feel.
And maybe it's the people at the top that get their attention.
But I know, Rachel, you know, you put this document together, they're going to be forced to say, okay, there's some real shit here.
Like, these guys are not playing around.
I mean, we've got Panda on our side.
Panda's over here giving us.
Dude, you might as well make your own blockchain.
Jesus Christ, man.
You got some crazy good ideas, dude.
But, no, for real, everybody, thank you so much.
There was so much, like it was already said, there was so much good feedback tonight.
I haven't done spaces a whole lot lately.
So, been a really good space tonight.
Probably the best space I can,
that I've been on in a long time,
just to be honest.
It's refreshing.
It's refreshing.
Oh yeah, bro.
We're cutting out.
This is something that I really wanted to do tonight.
I wanted zero fluff and all just honest feedback.
Like,
cause we see all these sentiments in the chats behind the scenes and you
know,
deep down how people are feeling, but not everyone feels comfortable sharing it on the
timeline or on a spaces.
So if you came up today and you shared your opinion, you expressed your feedback, I think
that's really powerful that we stand up and we help shape the narratives that are happening
in our community.
So I'm happy to keep doing these.
Yeah.
Next time, like three, I don't think I could do three hours
every week. Uh, I have a lot of other shows I do, but this has been a really fun time you guys.
Um, and shout out to everybody who's stuck here the entire time. Like we have Tammy Hammer out
there. We have Callie, Panda, um, on chain media here, base all my Danny. It was great hearing
from you, Danny. Um, just so much gratitude for everyone. That's, that stuck it out. Midas, uh, Doji, Nick, I just want to give you all your flowers, Rocky. Um, I love you guys. And,
and we do this because we love the community. A hundred percent. Well, you can sign us off,
Rachel. Thank you. Thank you everybody for, uh, you know, showing up tonight, um, to the base
team. You know, we, we got nothing but love for all of you for putting in the work.
We're not criticizing you. We're just looking to, for a way to, to help, you know, I think
everybody just wants to help. And, you know, we want to bring, we want to bring those billion
people on chain, but we also want to find ways to, to keep them here and, and, you know, and to
grow together. So nothing but love, all good.
Looking forward to doing another one of these next week, Rachel.
And like I said, you can sign us out.
Thanks, everybody.
Thanks, guys. Thanks, everybody. We'll see you next for hosting appreciate it later guys thank you Thank you.
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