Thank you. Thank you. Thank you. Thank you. GM, GM, I think we should maybe just give it a few minutes.
If everybody would do us a favor and hit a little retweet of the space.
That'd be highly appreciated.
We have a lot of stuff to cover.
I think I have an echo happening.
That did not mean to happen.
Anyway, Holly, is the other – is Dungeon going to join us as well?
Or would love to go over their game?
Hey, Ed, what's going on, brother?
If you want to jump in and say anything, you're always welcome to participate too, man.
Yeah, we'll try to get things going.
I'm trying to get the people coming from all the different uh
chats so so much to go over man like this uh the soul you've you've got on the front of the website
and it looks really nice you've laid out kind of what it looks like but i think it'd be good for
us all to talk through it i think a lot of people who've been following backbone would like to get
into the some of the meats and potatoes of that obviously you got the the prism partnership
um this the scar thing i see in the title what's that all about and then uh the wawa grave digger
coming up dungeon a lot of releases coming through and uh obviously we know that the
galactic syndicate galactic mining club all those crews are all working hard as well so
um yeah lots to to think about lots to think through and to hear about from you, my friend.
I really feel like we're starting to fire on all cylinders.
Like these individual communities are starting to really, you know, become their own engines, right?
To me, I'm really starting to see this energy.
It's almost like a culmination, right? It's like I feel that we are starting to
center on something that is generating enough momentum to where we have enough participants,
I think, that are feeling the way we feel as a project, is that we are tired of certain behavior and this sole project is how we're
going to clap back essentially and maybe take control again of what I feel is, I love what
I love the activities that we're a part of.
part of. I feel that there's going to be so many great ideas in the industry. And, you know,
I feel that there's going to be so many great ideas in the industry.
one of the problems is, is that a lot of times projects fail for whatever reason, due to
mismanagement, overinflation. It can be a thousand different reasons. But, you know,
Backbone wants to be able to capture whether good energy or bad energy. We want our participants
and our participation to really, you know, capture that energy and turn it into value for our participants.
So whether something is a win or a lose, if you stake with Backbone or you traded with Backbone,
you know exactly what's happening with this revenue because our community is on a mission
to actually build value together, not extract, not over-exaggerate.
We have a very simple set of products.
If we deploy them efficiently,
which we figured out a way to do that,
and if we all band together
and we know that in this method
that together we're on a mission
to create a store of value,
well, then it becomes a very clear mission, right?
It's not about reinventing the wheel.
It's not about the next slick DeFi product.
At Backbone, we're about communal earning, like communal, doing it together, generating
And our model specifically, it has a lot of positive rippling effects, like securing the network, LSTs. There's so many
components, these layers that we can go into for sure. But we're on a mission, and I definitely
feel that this is the way forward. We can't walk this. I've gotten wrecked alone so many times,
right? But so now we don't have to do that again. Now we don't have to do that again.
We have a ton of infrastructure, and we want to to share it and we want to do this together. And
this is our rally call, right? This is how we're going to show a little,
we're going to show something different, right? I think that's what it comes down to. We're going
to just show something different, keep doing our own thing. And I think eventually, it's not even I think eventually, we're seeing it through the bear market where other people surrendered.
You know, Backbone has continually, I wouldn't say we thrive, but we've definitely grinded it out and grown and overcome every obstacle thrown at us.
And so, anyway, yo, Holly, jump in because I'll just keep talking.
No, brother. Well, we want to hear that, right? That's always important to get it
right from your mouth, man. We want to hear that every time. It's important to go over the vision
and the big picture, right? And I think probably the problem is right now, big picture,
people are a little like, it's not easy, right? The market's just kind of, you know,
BTT's doing all right. Maybe that's because of the ETFs. There's a lot of questions, but that's
the whole point is like pushing through this, right?
this technology is going to hit.
We know what we're pushing for.
We want to be part of the,
not kind of capture it, right?
So there's a lot going on
That's why you call this the soul, right?
And I love the soul campaign, right?
Because you've got the backbone. You had the whole skeleton theme with the physical picture. That's why you got, you calling this the soul, right? And I love the soul campaign, right? Cause you got the backbone,
you had that whole skeleton theme with the physical kind of leftover
kind of the grave diggers and all that going on.
But then you also have this soul token.
And so I want to ask you about the soul forge.
If you go to the backbone labs,
it comes up and it just says,
And there's this whole little breakdown, right?
Maybe you can walk us through a little bit of what's on that there to help everyone understand.
You know, you can read things and, but it'd be great to catch more of the details, especially from you, right?
Maybe you can answer some of the questions or kind of highlight some of the stuff.
Because it talks about the store of value with a culture in mind, right?
It was really interesting that store of value term.
I remember, you know, BTC's always thought that way.
You had, I remember when Netta came along,
you know, some people are suspicious of store of value.
So what do you mean when you talk about this,
you know, this idea of a store of value?
How is this sole token going to have an kind of economic power to it, as you call it.
Um, and just like a little bit more, you know, tokenomics or,
or just the basics of, uh, what's going on, how you talk about buybacks,
you talk about sustainable movement. Um, give us a quick breakdown.
Okay. So, um, you know, uh, as you stated before, um,
it's a 21 million supply. Uh, a zero inflation. And we have through our Migaloo buyout, we obtained some validators and we obtained DEXs. These assets are producing real revenue on their own just because they have healthy pools.
And our own products, the Necropolis and the Gravediggers and the Marketplace, right, these also have real revenue sources.
And so what we want to do, again, we just want to build a community that earns together.
That has kind of become the mission.
That's kind of what it was started with, with the Skeleton Punks on Terra and the first Grave Digger and communal earning and revenue sharing.
And, you know, it was the right idea.
But with the Grave Digger model alone, maybe without the validator also kicking in the help and the DEXs, we would just need so much liquidity to make it what we wanted it to be. So, you know, through just the craziest set of circumstances,
we managed to continue to assemble pieces and to get products that I would say normally,
you know, standalone products, a DEX, a standalone, LST standalone product, marketplace standalone products. And there are a ton of
teams that have these standalone products and they're super feature rich and they come with
all this flash and glitz, but in the end they just go to nothing, right? Because they're just
extracting. So we've assembled these products ourselves and we run a lighter model of everything. And our vision is, is that
we can do something much simpler and we can actually do it together. We can share together.
These things produce tremendous yield in bull markets. We've seen them before when certain
validators are making like a hundred grand a month. And we, as a community, we want to put up a wide net and we want to share this money.
Like, honestly, like I don't want to I don't know.
I want to change lives like I want to change my life and I want to change the lives of the participants who are here.
And I want to I want us to have a voice in the next wave.
And I think that this is the way to do it.
basically, you know, we've assembled all these pieces, we run a lighter, leaner version, we don't need to have all the fluff. And we are going to share this value with our with the people
who hold soul tokens. Now, how are we going to do this right now? Currently, we have four validators.
Now, how are we going to do this? Right now, currently, we have four validators. We have Tara, Adam, Osmosis, and O-Rye. And from those validators, 50% of all commissions that we earn, so if you like our model, please stake with us, because then you're helping fuel the sole project, right? So 50% will go to buy, sold off the open market, directly sharing the value with
the community. Now, same with the DEXs. Now,
these DEXs, they're simple XYK pools,
not all this crazy stuff that becomes really weird when you want to
take your LP out. Just real easy. Provide LP,
earn rewards with us, and we will make sure that
these pools are plugged into the new aggregators like Polaris and Eureka. And if, you know,
these aggregators, if we're well plugged in, we will capture also network activity, right? Because
they will route the best trades. And so we don't have to be the dominant
anything to be really successful. That's what I've seen. That's what I see in front of us.
We just need to capture a little bit of this activity and we will go up in value. We will
build a store of value. So Seoul is going to be paired predominantly against Bitcoin.
is going to be paired predominantly against Bitcoin. And that just makes the most sense
at this point. As a community, the LP will be owned by the sole DAO. And as a community,
Backbone is committed to providing these services and then letting people know that
your participation is fueling something greater. Again, it's about unifying and communicating
and like organizing and like coming together
not just the next best financial wizardry,
because you know what, that might come and go.
And it's only going to come if we have an environment
where people are interested in participating.
Good ideas and energy beget good ideas and energy, right?
Like if we aren't cultivating fun experiences,
I mean, nobody's going to fucking bring any great idea.
That's what I do know, right?
So as a community, I know that we can be smart with our money.
And Backbone, I think, has stumbled onto,
I don't want to say stumbled,
certain type of culture and uh we're ready to share that and i think a quite a unique unique
manner right um i don't know if you have any questions tolly can interject please okay yeah
no so talk to me about um zero inflation idea right because usually you know inflation is part
of how people think about how they're making their money, looking for the APRs and stuff.
So obviously you have a small amount of tokens as well, right?
It's more than originally was going to be.
But once you bought out Backbone, once Backbone bought out Migaloo, you know, there was a whole other component of the giveouts there.
But talk to us, why zero that? Why is that important?
Well, I mean, zero inflation is because, you know, I just feel that inflation is, can, you know,
can be, look, here's the thing. We are providing real services. So we generate revenue. We don't
need to inflate a token if we're providing services and our participants are with us on this and doing these activities that they normally do anyway. If they do it with
us, then there is no reason to inflate our token. Because again, we're not here trying to pull value
out of the backside. We're trying to create value together. I don't know how else to say why yeah no that's perfect that's a short answer that's perfect um inflation inflation fucking
sucks well yeah there's that too so it's interesting because like a lot you know some
of the other validators uh obviously they roll off of the inflation right so there's
there is a sense in which inflation is a good thing in the backbone system.
But but for the token itself, it's better that it doesn't have it. Right. That's kind of.
Yeah, no, 100 percent. So, I mean, obviously, economies, big economies are using using the inflation tool to keep them rolling.
But that's not what Backbone's striving to do. You know, another thing I want to point out is I always, or not always, but I hear a lot of rumblings, you know, Stargaze, Backbone, Talos.
Like, all of our models are so different.
Like, Backbone's not even trying to be the predominant NFT marketplace.
We're not trying to be the predominant DEX.
We're not trying to be the predominant LST.
That's not our goal. We're not trying to be the predominant LST. That's not our goal. What we're trying to do is we're trying to have unity and we're trying to have something that is like an NFT five protocol. So our, our market, our LSTs, our grave diggers
are managed by these NFT communities at the, at, at the ground level, right? They revenue share 100% of those fees. So, you know, already the
B assets extract no value from the community. We are giving people activities, we are securing a
network, we are being capital efficient, and we are now creating this token that we can create a
store value at together because it gives us a
mission. It kind of, you know, all these separate pieces by themselves are almost disconjointed.
But I feel that with the sole token and the way of the fee direction, I feel it's very unifying.
I feel that other projects and other communities, once they understand this message, it makes it very, I think, attractive to participate in our system.
And once again, Magic Eden's beautiful, beautiful marketplace, OpenSea, feature-rich marketplace.
But anything flies there.
There's no protection of the community.
To us, to Backbone, you know, I really feel that these communities that we cultivate and understand this mission of building value as a community and community earning, you know, it's just a little bit different.
And I want to continue to nurture it.
You know, I'd say one of the best examples of these communities that's not even one of our communities that's a grave digger is the Galactic Mining Club.
Grave Digger is the Galactic Mining Club, right?
Like this is a community that, you know, has totally become its own force in the cosmos.
They've helped us totally scale our model.
They've helped us grow in this NFT-fi paradigm outside of our own Grave Diggers.
And, you know, there's just so many more opportunities
that are coming ahead that, again,
we're not an open marketplace.
We don't pretend to be, you know,
I get DMs all the time for people who want to mint stuff.
And it's just straight trash, I would say,
So we don't engage in that type of stuff, right?
And again, it's, you know, this, this
token is our, is our, we're, we're putting, we're planting a flag and we're saying, Hey,
you know what we've seen, we don't want to be at the mercy of, of other foundations anymore.
We have real yield, we have real systems. And if you want to participate with, with us, we invite
you to, because it's a very clear system. And we, again if you want to participate with us, we invite you to,
because it's a very clear system. And we, again, I want to be really careful, right,
about like promising earnings. It's not about earnings, it's about building value together, right? Again, it's going to be paired with Bitcoin as our main predominant pair. This pair will be
owned by the sole DAO. These fees that are generated will be used to buy the soul off the open market.
This creates the staking rewards for the soul stakers.
We will then have a soul grave digger if you want to auto compound your soul.
And the little fee that is on the auto compound of the grave digger, that will be used to maybe just buy Bitcoin or maybe to make the LP bigger.
And then that's still owned by the Dow.
So it constantly is feeding itself and earning.
Right. But again, like we're trying to create like a communal earning paradigm.
And I think that we've created a system that is very straightforward and is easy to understand.
And if people if, you know, Cosmos participants want, I mean, I guess for lack of a better word, you're like, we're really, I guess, selling 50% of everything that we're doing to the sole token, right? I don't want to say selling, but sharing more or less, right? Because, you know, we're not doing crazy token sales. The majority of the supply, over 75% of the supply will be instantly available.
supply over 75 percent of the supply will be instantly available um and um you know and we're
we're doing this thing with prism to do like a soft launch because we're not looking to do
um huge like ridiculous um sales or raises that's not what we want to do we want to slowly build
this thing up we want to get more validators up we want to get our decks is fully integrated in
these aggregators to capture as much network activity as possible and we want to share it
that's that's the mission that's the mission we're on right now at backbone right nice and so uh why
don't you talk a little bit more about that prism side of things because uh yeah it's in the yeah
yeah hey so prism i think you know one one thing I really have kind of learned from hanging out in the Prism, with the Prism guys in their spaces, you know, because they were, they were, they were, they were a big part of like the Terra, the Terra scene before the collapse.
And before that collapse happened, you know, there were so many interesting spaces of all these different strategies, you know, this is back when Mirror was around, Prism.
And those guys, their spaces still kind of have that know, this is back when mirror was around prison and those guys,
their spaces still kind of have that energy, which is really exciting. And the product that
they've decided to build, they actually have like seven, eight great products, to be honest,
right. That's why they need their own chain, but they have one specifically, which is, I mean,
it is like a token launch system essentially. And we're going to utilize that.
We're going to utilize their instant yield campaign. And they have a few options. They
have an option where you can do points, which is off chain. And they have another version where you
can do like a non-transferable token campaign. So the participants actually can see their tokens
accumulating in their wallet. And so we're the first ones to demonstrate this outside of Prism.
And so we came up with the SCAR campaign because you can't transfer your SCARs and
you have to earn them. So what we're doing is we're going to do two seasons. We have two seasons allocated for the SCAR campaign. Each season is 45 days. We are utilizing the ATOM token for this campaign. And we actually have an article that we'll put out later today, which will break down all of it. Because to be honest, I could talk about the intricacies of it, but on this call right here, I don't think it's maybe the best to talk about all of these breakdowns.
We're going to publish this article today. But what we're doing is this little campaign called
SCAR. We're going to be the first ones to do it with PRISM. We are really excited about that. I
think the article will really lay it out. But again, why are we doing this? Because we want to, in a responsible
manner, accumulate what is needed to be accumulated for these LPs so that our ecosystem can come to
the table fully thriving. And then we have these real systems in place that we believe that with
these real systems, we will be able to really manage and build up a chart that people
will want to participate in. I think that's, at the end of the day, it's what it comes down to,
you know, people just want to see the number go up. Nice, nice. Yeah, no, I think, I think in the
end, people want to have a confidence that, you know, their investments are worth something,
right? That's true. But this is all bringing multiple communities together. I like how earlier you talked about, you know, just even with GMC,
buying a GMC, trading on the platform, that still is all part of adding value and to your
sole airdrop basically, right? Or your sole claim. Oh yeah. So every NFT that's bought and sold on
the Necropolis, that's a category that
will earn you soul if you're minting b assets any of the b assets that will earn you soul
um the nft grave digger communities holding them uh when we do the snapshots that will earn you soul
um minting new collections that we do that will earn you soul. And, and the reason why we do it, like, especially we include minting,
because we are very selective with the projects that we mint. And again,
like, I mean, I think dungeon's a great example. You know,
we partnered with dungeon, a gaming chain.
We felt that was a really good idea for us that they have,
they're a project with clear utility totally fits in our lane of what we're
trying to cultivate with NFTs and utility.
And it's been, honestly, I think it's probably been one of the better things that Backbone has endeavored in, to be honest.
I have so much fun, you know, plotting these games out with you, Holly.
Yeah, man. No, that's the thing.
Yeah, like, I think that's a good point about how what Back, what Backbone's doing is actually building a, uh,
kind of a new infrastructure, right.
In the cosmos, uh, creating partnerships with different groups,
including, you know, a chain like dungeon.
Um, you have all these other chains that you're talking,
you're talking to Prism right now, doing a thing with them.
Like you guys have kind of really thrived off the interchain vision,
So that's kind of what, with all these different grave diggers about,
that's why we're partnering with
Chihuahua and doing that.
I mean, they had a great presentation at
And each of these chains, right, we're trying to
and maybe some more chains to come.
And that's what I love. I love that there's like,
you know, talk about new ones. And I
noticed on your webpage, it says launch
like oh are you launching a chain well no it's not you're not talking about launching your own
sold chain or backbone chain uh but it's about what chain will the token be on right so that's
going to be kind of a fun reveal down the road is it is that why that's a you know a little rocket
you know i mean we definitely have our our leanings but, but it's still an undecided factor at this point where it's going to live.
But again, it's pretty much down to like two places, maybe three, right?
But again, we don't need to announce that right now.
I think we can definitely build up a little momentum around that, and maybe, uh, maybe I'll throw up a vote to see what people want, uh, from us.
And, um, yeah, man. Right.
Like speaking of votes, I was going to ask you, like, uh,
obviously we also, you guys put a prop up on the, um, uh,
a discussion forum, uh, on Adam. Cause that's the, you know,
having decks on adam maybe have the plat the nft platform on adam maybe be able to do a beat adam
um what what's that how's that developing or you know should we be looking to vote soon on a prop
or how are you what's going on with that side of things yeah i guess i should put that in that so uh the prop is up to vote
already um let me find this real fast i'll pin it and we are just requesting a deployment
permission so that we can put our system in place and um and once once that clear you know once this
prop clears it should be we should be able to have things up fairly quickly.
We've also partnered with ARK Protocol and Hubbits.
They want to do a launch, but currently there's no marketplace on Atom.
So that's one of the reasons also why we're doing this so quickly, because there's a collection in the community and there's
just a bunch of stuff. It's just a missed opportunity to have all this energy and then
just sit around and do nothing, right? Like all this stuff's building up. Magmar's doing a great
job. You know, the team is definitely reaching out and people are excited about the cosmos. So to not deliver something and to not
host something and to not have engagement is just a missed opportunity, right? So
Backbone's looking to capitalize on this. We are Atom participants. We have a validator there. We
want to bring as much value to Atom as possible. with i'm really excited about eureka that's the other thing and so i think it's a
it's it's kind i don't want to say it's low-hanging fruit but i think it could be pretty
easy to make a collection around eureka and having a a b grave a b adam gravedare collection
and get the system going there seems like a no-brainer to me.
You know, if Adam wants to be the center of the cosmos, I think Backbone Labs is in a very unique position to try to help them share that message or to convey that message, right? We've
gone all over the place. We've tried all types of things. And I would say we've, you know,
We've tried all types of things.
And I would say we've, you know, we've been successful.
Even, you know, it's not been all, you know, all success.
It's definitely been a grind, right, Holly?
But, you know, I would say that we have definitely succeeded where others have vanished.
And we don't, we're not stopping.
I think we have a successful model.
And it would be a myth to not let let our participants and our community members and
our activities not to flourish there well and that's interesting you said that because i i was
thinking about obviously we love galactic syndicate we love what's going on with bing
um but one thing i was really kind of hit me this last little while is when the injective team
decided they pulled the you know the amount that was given to uh the the
backbone um formerly whale validator uh then all of a sudden you bumped out of the top 50.
It was kind of cool to see the community reality like rally to get you back in i'm sorry top 60
rally get you back into the top 60 so okay we're getting rewards again but then you hear this you
know see this prop going up saying they're going to cut the validator set to 50 it's gonna be much harder to get into the top 50 and you started putting on
the other announcements like oh pull out of our validator you know we're not going to get rewards
i thought that was pretty awesome you weren't trying to you know take whatever you could get
for the last little bit and help us you know bridge the gap or whatever you were like get your
money out like just straight up about it right and uh so how like that must that was a little
bit of a setback but also at the same time we see with as inch pops whenever the market pops
um that could be a really uh you know the the whole thing what's going on with uh galactic
that could be a really great uh grave digger that starts going with the how much b engine is already
in there no for sure you know that you know it's unfortunate. You know, sometimes, like I said, you know, things break our way. Sometimes things don't break our way.
Sometimes I feel that sometimes the communication with the injective team was not my favorite. I'm
just going to say it like that, but I'm very bullish on what they're doing. And I, again,
you know, backbone, we see where we are participating is on teams and projects that we have faith in, that we are excited about, right?
So just because we lost that validator there, it doesn't make me any less excited about what's coming out of Injective, right?
And who's to say that we aren't able to get back in if we continue to have these good showings?
I don't know what the next collection on Injective is.
But, you know, again, we're not interested in launching just to launch.
That doesn't make any sense.
That's not going to be happening.
And we're just going to keep moving.
So I would say the next things that are on the table, know we have we have this atom potentially atom permissions and we'll
get moving on that once we granted you know are you gonna put the prop up there
did you say it's up it's up it's up it's in the net put it in the nest I put a
um yeah no it's up please go vote bug your validator bug your atom validators
tax and validators you're really great if we could get this up and we can just keep on keeping on.
Yeah, tweet it out, everyone, too.
Make sure you tweet it and retweet it.
So we're planning the dungeon gravedigger, right?
We got the Chihuahua gravedigger that's pretty much ready to go.
We're just putting on the last little bits on the website.
We got an Orye grave digger that's being planned in partnership with the
So we have things on the table that are going to,
I think that we can unify the cosmos,
that we can become a hub of unity of different chains,
a conglomerate of different ideas,
different projects of different NFT communities,
all with the same mission of this communal earning, right?
So that is kind of the dream that's, I guess,
developed over the last three and a half years.
It's always fucking changing.
You know what I'm saying?
It's always evolving from like, oh, little NFT community to then, oh, grave diggers and oh, marketplace.
And then, oh, well, we could do we could do we could open this whole thing.
And oh, then we could take on a deck. Oh, we could take on a chain.
Like, I don't know. We're just but I know that if we do it together, it can be done.
Because every time I get stuck with something, there's always it's I'm not I'm always amazed at how the solution always comes from the
community somebody always steps up and i'm always like damn that's exactly how we're going to do it
that's awesome go ahead jinge all right yeah just a quick one on the uh on the arc protocol because
i've reached out to mr t after the um the mega space he's a he's a very nice man i i like him quite a lot
um we were talking about his collection the the hub bits um let's go and be minting on
the hub now i don't because i know i've been i've been out the loop for a bit like but
i think the marketing needs to be bumped amped up a bit on that because
the marketing needs to be bumped amped up a bit on that because the the they've made a cw721 contract
that's potentially a game changer for for everyone in the cosmos um the cw721 is the erc
721 version it's not the standard contract but what they've done is they've put a passport on it
that has that has interchangeable traits.
So you'll meet your NFT and the traits will be dynamic.
From what I can gather, you have a certain amount of control on the traits that you want to change.
So I think it's worth getting just because it's a new concept idea.
It's not happening in the cosmos.
It's like stargazer getting all the attention
and just not doing anything.
It's just a standard NFT that does fuck all.
And these guys have been grinding them for ages.
And I think we should all help them get get seen but
that's that's about it no you know what mr. T and our protocol they've been grinding hard for three
years and they're in all infrastructure protocol for the most part so I know I know exactly how
hard it's been for them to continue to build this functionality.
Again, that's why we're putting up this prop to get the marketplace up so quickly, so that
they can do a launch and we can again start to have activities.
And again, I just want to make sure that in the cosmos, when I first landed here four
years ago, it was a very inviting place, not just for builders and not just for users, but for builders.
People were welcomed to try their ideas.
Competition is always good.
The most important thing is that we're being interesting.
If we just sit here and do nothing and just wait around and just point everybody's flaws out, well, then nobody's ever going to do shit.
We've got to get busy, and we've got we got to get active and we got to get like activated i don't know how
else to say it right and so that's the mission that we're on we're trying we're trying to we're
trying to really touch down integrate these communities and and and and fire people up again
because the wave is coming the fucking wave wave is coming. I know it.
I think Ginge already had
his hand up and spoke there,
Patrick. We're definitely, although
we want to talk to you guys about what's called
B-Wawa Gravedigger as well, too, but
I want to hear what you were going to say, man.
Oh, yeah, I just wanted to say hello and also, yeah, man, just getting behind JG and all of us,
like, you know, I think a lot of people don't want to get involved because like, oh man,
I'm not technical or, Hey, I don't know how to do this. Like we all have like collective talents.
We've got artists, we've got community mods, we've got technical people, we've got business people,
mobs we've got technical people we've got business people we've got traders we've got everything that
you kind of need and all you got to do is just do even if it's just posting even if it's just
making some noise it's spaces like these every week that you know what the foundation used to do
like community engagement and then activation through that engagement, whatever it is, is the way,
like the value is the people that are on the network
and how we utilize it and the noise that we make.
And not just to make noise,
but to say, hey, we're here for a reason
and we're here for a purpose
and let's fucking synergize and let's make it work.
Yeah, and I know you're working on
Ophir stuff as well, so I know that
Ophir down is in the middle of its own migration.
Do you want to say a quick word
about that? Because you guys are
part of the big overall ecosystem
as well, so what's a quick
Yeah, I mean, migration is
probably like 90% migrated. It wasn't your
traditional migration. It's, you know, we're kind of like a double wrapped IVC. I put up all the PRs
on the Cosmos registry. I'm trying to learn how to become a validator, learning how to use CLI a
little bit more and plugging into GitHub and all that stuff. And I think we want to be, I don't
know if any DAOs have done this, but we want to start doing our rewards and yield bearing tokens. So your rewards are earning rewards before you get
paid. So now we just need to figure out, we're looking at USDN, USDY, SUSDS. I mean, maybe some
Prism LPs. Basically, if it can be IVC to the hub and whatever the DAO says, we want to start paying
out rewards in yield bearing tokens so currently it's just
usdc at about like you know our target is trying to get at least to like the inflation rate which
is two percent um so yeah i mean we've got a long way to go we don't have any liquidity we have to
pull all that so we're kind of just getting our ops going getting defy looking for stuff i'm
playing around on prism kind of had a a little breakthrough last night in terms of I listened to
the space where JG was on there and listened to You're My Boy Luna
and just kind of like really mathematically looking at how
to make trades. And anyway, I've kind of got like a
four-quadrant strategy. I might be putting some stuff out about it.
Yeah, Prism is really exciting. Actually. I mean, their,
their product is a, is a very powerful product. You know,
this whole futures and tapping into future yield and,
and the way they were fracking and stuff like it's a powerful thing that
only is only really available in trad fight. Right. I mean, like this is,
they're, they're definitely going the distance.
And I think that they could really be a dark horse
because their product is such a complete product.
You know, they got this thing happening with Ando
that they revealed the other day.
You know, a partnership like that could make,
could just make Prism rip, I think, to be honest.
The same reason I believe in you
is the reason I believe in Prism. Oh, absolutely. I believe in you is the reason I believe in prison
Really do I really think that they have the type of product that if they get hooked up with the right type of
RWA partner and they're able to start to really
Fractionalize and do a bunch of their games with like some of these big assets
I think I think they could really
Really rip and and that's why again backbone really wants to make a B Prism, a Grave.
We want to do a Grave Digger for Prism, even though I know they refract.
But I want to give them more reason to lock up their Prism.
And we want to give them an NFT community that represents exactly what they're doing as well.
So there's so many opportunities to synergize.
I get so fucking excited, dude.
I love that. Well, that's one of the things like I love so fucking excited, dude. Fuck. I love it.
Well, that's one of the things, like, I love what's
happening with Dungeon Chain, and you talked a little bit
earlier, but I'll just kind of mention, like,
we do plan to eventually get a
bee dragon token going, a bee
way, like, have the yield coming from
I know that nft switch already
has a validator on dungeon as well um and we so that's that's down the the road as well i know
that that's uh jinge is going to be helping work on this artwork for this bee dragon um uh initiative
as well which we're really excited about as bifrost me and him are working together with
beekeeper and we're doing this thing called bifrost obviously with ashdow as well uh we're doing this bee um wawa grave digger as uh as the communities grow what's going to have
to happen is each of these communities have to have their own leadership you know it's like we've
seen with galactic syndicate as a as a grave digger we do that same thing with bee wawa right
and and obviously you already have it with the skeleton punks and the well the the whales are
now kind of gone mad scientists are obviously huge um but each of the each of the communities
right have to kind of have their own thing but then they overlap with each other and they overlap
obviously totally with with backbone as a whole and the soul token is going to be tapping into
all that community so we want to do is to keep building new communities popping up as you were
saying earlier uh kalibi was saying uh like having people step up and go, Hey, I'm going to be modding in this grave digger.
And I'm going to be doing this.
And, uh, it's kind of happening a lot organically.
And that's, what's really cool about the backbone model is it, it
communities are forming and you know, there's growing pains with that.
We've definitely had our, you know, ups and downs and our, you know, crazy
days on the, on the telegram sometimes, but also are like so many amazing moments,
With between the different grape diggers and the communities like,
that place is such a special telegram,
I think where you have the ability for these kind of like pirates and their different
ships, the different communities coming together and just working in the cosmos, free, riding
through the free oceans. Um, you know, we're, we're actually like, uh, trying to think of it as,
uh, you know, the good pirates, not pirates stealing from anyone. They're, they're actually
kind of fighting back against the uh the economic uh warfare that's
done against the normal person right it's like this this push up this Robin Hood type of idea
like that we're trying to tap into for the visuals of it all and I think it's happening like all
across the the cosmos there's in these different chains there's these little uprisings uh producing
like you know and or rebellion styles like I it just I feel it and that's what's fun about all
that's kind of like what i i love about these communities i've met so many people now that i'm
like you know it's messaging with either on social media or in dms and it's i think a lot of us we
look at this group and we see a lot of names we're like oh i know this one from this this is it's
pretty pretty special right um and the fact that this is happening right now in the darkest of market times once the good times start coming back
then watch out for what we've been
building together, it's going to be pretty special
to see these, especially these
like I was saying, if you have
binge, as I've been told to call it
then you when this pops back to 25,
up to 50, you know, maybe a hundred something, like imagine what's going to happen for,
for everyone's NFTs. It's going to be pretty special moments. So for all the grinding,
but sorry, now I'm going off there, JG, wanted to kind of tap into that vision. I'd love to hear
from Ginge maybe on, what do you think with the W wah wah grave digger buddy what's you want to give a little uh explanation of the art and
what went into it and uh you know what you were you're thinking with it oh yeah we'll do but just
just before just before that just to add on to what you were saying like about all these communities
um the single the single hardest thing that i found from going from a community member into the position that I'm in now is just getting exposure.
I haven't just popped out of nowhere.
I've been doing this for like four or five years to get to where I am now, like relentlessly every day, putting in the hours.
I mean, it's not easy and people don't want to give you that platform.
What they want to do is just take everything off you so what um patrick myself and folly are trying to do jg's kindly agreed to give
us this account for for one one day a month and we want to call it the spotlight and we want to
get the the communities that that are grinding every day that are having
positive contribution and we want to highlight them and we want to promote them because they're
worthy of it and if people aren't doing that then nobody's going to come here. Like Jay-Z
said it used to be a place where you came and everybody was helping each other out and
it's just isn't that now. All people want to do is slag you off and say,
oh, you're doing this wrong, you're doing that wrong.
And it's got to stop for us to grow for the better.
So that's what we're doing.
So if there's any small communities out there
that want to have a five-minute slot on an account
that's got 63,000 people,
get in contact with one of our slots
and we'll sort it out for you.
The Grave Digger. Yes, the Wow Grave Digger. people get in contact with um one of us lot and we'll we'll sort out um the grave digger yes the wow grave digger that's that's it but a year a year of the making um it's a little bit it's a
little bit dark um it was quite hard to make chihuahuas look dark because they are brother they're sick yeah
I went for kind of like a bit of an abstract
but I also use traditional together
people seem to forget that
it's either you do traditional or you do AI
you can put them together and you can create
furnace fire, like we have
the furnace at the Ashdale so it's going to
on chihuahua turf so the the ashbone and the chihuahua yardies are gonna have a have a face
off um folly has done the metadata and he's found a couple that kind of like didn't didn't really
fit one or the other so he's created his own his own traits and we're going to build a lure around that um hopefully we
can we can kind of like get some community activities going where the where the yardies
will have to do something against the ashbone people and then and then create some fun rivalry
and so on and so forth that but that's just the side of it in the community jg's obviously set
up models you're going to get soul and you're going to get you're going to get all the other stuff like so it's quite it's quite going to be quite
a lucrative nfd collection to get into i love it and what i'm saying throw it on top of that like
jim has come up you know for a while he's been playing we've been playing with the names on
different nfts from guppy yuppies and um what we've been come up with this is just getting
people to send in names so your names other people's names in series like i we want we want you to like think of like some gangster doggy names
right and send them to us i mean i'm still sending i'm still finishing off some of the um the traits
but mostly like i need all these names i want to make sure these are all individually really well
kind of fun names so you can send me like 10 doggy names if you want right and or or 10 monster kind
of names or like just get it to me or Ginge, and
we'll make sure that these names are in there. We want to
This is part of how we rock these things,
right? All of our communities are really cool.
I want to get my dog's name in there.
I want to put my dog's name in there.
Well, yeah, send your dog's name
or something special. We might put a rhyme on it.
I want to put my dog's name in there.
She's a Min Pin. I should have sent you a picture.
I could have made her. Damn it.
Yeah, no, send us your dog's name, man.
That's what I'm saying. Whatever you want.
It doesn't have to be your name.
We want to help you guys name these, right?
All right, I'm going to send you a picture of my little
hellhound. She eats all my
wife's panties. It's funny.
ask a question. If he has a question,
he's been waiting patiently.
All right, Paul the pundit.
We'll give you the pulpit, bro.
Yeah, I just wanted to make a little input into what I've been said so far.
Been a massive supporter of Backbone Labs myself.
I've been third-seeing kids back then yeah so i i've just
been away for a bit uh due to in real life stuff but back now and um coming back and seeing backbone
labs still at it on spaces still talking about how to uh move the cosmos ecosystem forward is really really nice so yeah just a little
suggestion though um i know of course i've seen them in action that backbone labs has one of the
strongest cosmos committees um whichever chain they are on they dominate and they are usually bullish
they are usually bullish so i'm suggesting uh you guys should explore the
um recent kaito integrations with cosmos uh projects i think the ydx is on kaito now and
injective so if the community can rally around you know and use this opportunity to make some noise about backbone labs make some noise about the
syndicates uh make some noise about the lsts and um how you guys have been a massive infrastructure
provider in the ecosystem i think that's going to be a very bullish one for you guys um it's going
to draw attention because lots of new users have been onboarded to the ecosystem through
different outlets through mantra through the ydx through injective so it only makes sense
that when they come they love to explore around on chain and then they are seeing um projects
like backbone labs between their team so this is just a suggestion from my own end as a massive supporter of this great project that the community keys into the current YAP campaigns from I think Injective should be a good destination to start since Backbone Labs is already on the chain.
nation to start since backbone labs already on the uh chain and if we do this we are going to get
more faces more volume more support us yeah just keep doing what you guys are doing you guys are
doing a great job thank you very much for giving me opportunity to speak man hey thank you awesome
thank you those are great suggestions we definitely got to look into those
cicado boards for sure yeah i posted some stuff in the nest if anyone wants to take a look.
But yeah, attention markets is 100% a great idea.
It's a good way to get people to be engaged because they also get rewarded.
Yeah, that totally makes sense for sure.
Does anybody else have any questions after just hearing this complete, you know,
this was a lot of stuff that we just kind of ripped out within 53 minutes.
If anybody has any questions about any of this stuff, feel free to, you know, you can request a mic.
This isn't super formal right now.
Does anybody else have anything to say?
Honorize, I see you down there.
Do you want to come up and talk about what's happening on O'Reilly and what's happening?
We had Galactic had its hand up there for a second, too.
Galactic, you want to go?
You had your hand up and we were waiting?
I think the momentum is lost.
I was going to say I have five dogs.
So maybe, you know, there needs to be a ceiling on how many dog names one needs to...
We were all five of your dogs all five of your
dogs need to be in this one constant you're too too uh important so you know i mean maybe there
is a ceiling on you know how many dogs one can name but you know if there is no ceiling then
you know i'm very very sorely tempted to to submit all five dog names do it we want as many like you
know if we get too many names that's
a good thing then right then we'll have to be a little selective but uh definitely it'd be awesome
to have like i think this is a fun thing to do as a community is like and then we'll see what
happens right like you can create your own name as a dog name you know it could be like uh you
could call it we call it ginge on a bitch or you can do things where it's like kind of related to
your name and it's a it's you know different dog names it could be or it could be something crazy like we just we want this to be a
fun uh you know free-for-all basically hey i'm trying to send jim's a picture of my dog
i love it gg you sent me a nude instead
With Concee do you want to give us a quick update from
Hello somehow Hello, somehow I saw everyone's muted.
As far as the Galactic Syndicate is concerned, our migration from Terra to Osmosis is still
There seems to be a problem with the migration page,
but we have alerted the backbone labs.
We raised a ticket in their Discord server,
and we are very hopeful that this will be resolved soon.
I thought it was fixed already.
Last I checked, it was yesterday, and it wasn't fixed.
hopefully this has been fixed unless you you know jg you you know something else or you have
all i know is that uh thomas didn't go home till like almost 6 a.m so i i think he fixed it but
i'm not 100 sure okay um i don't see any input in in ticket, but maybe this is the case.
But if this can be prioritized, that will be greatly appreciated.
So on Badminton Labs, we only have the Osmo Marketplace.
Big news that everybody's waiting is that every Friday we have the Walk of Claims,
happen tomorrow so we distribute btc rewards to everyone that uh stakes their gmc nfts on daodao
in the last couple of weeks there were a few surprises like community members adding Biosmo to the pool, which is good.
Actually, you know, I was that community member, but I think it's good because I love the community.
The community has given a lot, and we need to give to the community back.
to the community back um one gmc nft uh found its uh winner for the mega spaces giveaway which
happened last friday congratulations to the winner i think holly actually knows uh the winner which
i think the nft is in is in very, very good hands.
So congratulations to the winner.
We do have the outpost for that.
There was an interview by Zibat given to Blue Collar Crypto,
which is on YouTube, which was a quite nice interview.
And the interview was really, really good.
And the other thing about like the latest development is that our tipping bot now,
well, the tipping bot that Swift has created, and it's not the, you know, your regular Cosmo bot,
a tipping bot, now supports Osmo, but also BeOsmo, which I think is probably the only
tipping bot in the Cosmos that does that. And we thank her a lot. That was like a great addition.
And a few other things starting in the works
that we cannot announce right now,
but the community keeps on grinding,
the council keeps on grinding,
and all together we can make it.
Thank you everybody for taking the time to listen to me.
And I would like to say that I am also a big fan of the RiteChain
and what they've been achieving.
I've also been seeing that they have this AI,
I don't remember what it's called,
which was in closed testing, but now it's open to the public so
uh i am very much looking forward to to play with that i don't remember what it's called but
i saw that it went live and um as for like a kaito and the yapping, it seems that within the injective ecosystem, it has got some traction right now.
But, you know, like with everything, you need to be able to yap responsibly because I also saw that a couple of people had their accounts restricted today and they were whinging and moaning about it.
Don't spam, play with the other children, all these things.
But yes, Injective has integrated it and, you know, there's the leaderboard.
And, you know, that's the updates for the GMC.
A few more things upcoming for which we're, you know, we're not ready to announce.
But, yeah, we're in a good place.
And, of course, the art still is fresh and relevant.
And IBC Mafia did a terrific job.
Those that know it is like
most on Fridays, you know,
we have the wall of claims
but also a lot of people go out in the
marketplace to browse and get another
from me. Also, there's one more thing.
You guys also have another collection coming
out on Rujira. I'm not sure what the
Zibad did speak about it on
I see a lot of things happening,
a lot of developments and things going live.
It does have a separate X, a Twitter account.
And we have like some sneak peeks of the art.
Also, again, by ABC Mafia.
BPC mafia. And also, you know, it will be,
the NFTs will be backed like with the concept of the,
of the GMC. The art will be Viking themed.
I like it. And of course also there,
I think Holly and Lord Ginge were trailblazing that and naming NFTs.
So also this collection will allow you to name an NFT.
But full credit needs to go to the original people who actually came up with this concept.
Come up with your Viking names names right that's that'll be
fun like we all we all wanted to be uh crazy you know i guess i i have viking blood so i am one
but i mean we all want you know you want the berserker to be let loose so come up with your
crazy viking name right so i love it it's this is this is it's gonna be fun like great job
concy on presenting everything for um what's cool i think SIPA did put some disclaimers on choosing the names, so they don't need to
be offensive or anything like that. Other than that, there is a lot of leeway, even though
not many people are familiar with it, but a few years ago in the UK they were gonna name a ship I think it was like a ship for
the for the royal navy or something and somebody came with a suggestion of naming the ship Boaty
McBoatface or something and actually that won the competition and I don't know whether you want
like a fierce viking to be named the Boaty McBoatface, but, you know, there you go.
Maybe, you know, sometimes some disclaimers need to be put in place.
That's going to be the most rare one.
I was going to be chasing after that one now.
They're going to want a little bit McBoaty.
I see so many people in the crowd too, by the way.
I would say I see Galactic Syndicate here.
I see Lewin from LionDow.
It's good to see you there.
So many good names from all around the cosmos.
Matt is part of the leadership there of GMC as well.
I want him to tell you about this public track.
I don't know what else to do.
Get yourself up, Mr. Team. Come on.
Well, he'll come up, but the honor rise, they popped up too.
You want to hop in, brother?
GM. Yeah, I just saw Beckman not doing some stuff and yeah i got him by to say hi so
that's pretty much it um i joined the conversation so i miss miss a lot i just want to to to say
that the or i chain uh llm is called thesis uh which is yeah it's insane and now I'm glad that today they released a
let's say free version I mean it's only one interaction per day but it's very expensive
so I understand why for now at least they they choose to put a limit on that but it it's a really interesting tool guys
really i mean if you want to conduct any um crypto related the market research
it's the absolute best thing to do for example i needed to to find if there was like a specific defy application which is like a
simulation of ATFs as you know the track finance but for cryptos so like you you can buy an index
that tracks 20 cryptos foroops, for example.
And I didn't know if there is any service right now.
And I couldn't find anything on Google.
And then I remember that I had tests because they gave me the access
like I think one month ago and literally in five minutes i get like 10 names of new and old um defy protocols
that was exactly what i asked so it's insane uh they can track portfolios they can track user
it's a very good tool it's a very good tool so if you guys have the chance to just create an
right account and uh use thesis give it give it a shot because it's really it's really helpful
especially if you if you have a product you know so if you want to to to to have some insight on
on anything uh don't be clueless just use thesis uh that's pretty much it so yeah um all right aside um uh we are on rise um
we are cooking like always we are preparing for the for the for the advance of the
the the new collection uh which here we are releasing on another chain which is not right with the intent
to create the first cross-chain abc um abc powered the game for game file platform so that did means is that if this we can call it experiment um because it's successful we will be able
to successfully integrate virtually any collection in any cosmos chain to a single app playing
together so it's it's a really it's a really cool uh thing um for now we are integrated our own collection as the first
uh but then we i am coding because i if you don't know i am also the developer of the of
didium i'm coding the contract to be fully generic for any collection so yeah uh that that that's it that is really really really good so we can reach even
a chain that does not have the ics 71 bridge because for our it's actually a lot of money to maintain the relayers. So we will take care of the relayers
and offer the service for the chain.
Oh, yeah, I see Mr. T here.
Welcome, Mr. T. Thank you, Honorai.
And thank you for joining us, Mr. T. What's up with ARK right now? I know you got hopefully some new, well, the very first collection, the Hubbits, maybe coming to the Hubbit at some point soon?
that very soon, in a few weeks.
Yeah, and that will be the first collection on Cosmos Hub.
And, JG, question, has the proposal passed yet?
What, for our deploying wallet?
It's up, and it's passing.
It's only been up for, like,
I don't know, like 11 hours, and
It hasn't reached Quorum yet,
but it's passing. We've got to start
coding it. I didn't even see it this morning, so I didn't see it go up,
so we've got to make sure we push that really good after the
space here, for sure. Yeah,
that'd be helpful. I wasn't expecting it to
It's 180 active validators on massive it's such a big set let's talk with some validators that get them convinced i mean
i mean uh is is there a reason to vote against it no no no there's not again we're not asking for anything we just want to come
and and put on our experience and uh be interesting and make a market and you know again
is the cosmos going to be a welcoming place for builders to build if not then it's i mean
if not then it's not going to flourish. And it seems so against what they're doing,
considering they're trying to connect everything all over the place. Right.
It's just, it just, right. So we have a plan.
Hubbits is next on deck. Right.
You're going to be minting on, on, on your, on your site.
We're going to give you support with some secondary sales
and integrations on other chains.
Let's just get some stuff happening.
Let's get some stuff happening in the Cosmos again.
Let's just push Cosmos so hard
and tell them how vibrant our community is.
I've just put another proposal on the phone for discussion and uh so next thing besides habits that we want to build
an evm bridge evm nft bridge so we everybody can bridge the nfts to ethereum and most importantly uh uh which if you're in collections
back uh to cosmos hub just imagine having a board in your club listed on backbone labs
like sick yeah yeah and there are
yeah yeah and there are some oh go ahead sorry there's some woobos magic he didn't come magic
even is looking at uh cosmos cosmos hub uh injective and yeah so it's going to be really
really exciting there we go things are opening up um i i'm really excited for what's going on
with arc and how you guys have been partnering with backbone for a long time i know that a lot There we go. Things are opening up. We're really excited for what's going on with ARK
and how you guys have been partnering with Backbone for a long time.
I know that a lot of the movement of NFTs was being facilitated by ARK
that were on Backbone and other places.
So it's been a great relationship from the beginning here.
I was going to invite up Mr.
I saw Ed from the Glide app, the AirDrop Glide, but he's gone now
because he's been posting.
He posted out the link for the prop, and he's been really supportive.
So we just want to give him a shout-out with AirDrop Glide, even though he's not here right now.
But, yeah, thanks, man, for everything you've been doing for us.
It's been really helpful.
Okay, well, we've been going for a good almost an hour and 15 minutes.
I know that we want to kind of keep these
at good times uh shout out to blue crypto i just saw him the crowd um as well um but um hopefully
if you have any questions just bring them to us bring them to jg um we're trying to you know get
things all rolled out for right now the dungeon i just want to plug dungeon uh buy the the game we
have a new game cosmic dragoon you're actually flying a dragon you can upload and you can get better guns and dragons it's like it's a fun game
um and there's some character entities will be coming out later where you can actually
um start to have you know super powered entities and things like that if you find the right ones
and it'll just it'll change the game experience a bit and it's a lot of fun um so that's coming out
with all different dragons um so that's right now the game core is just you can play the game you buy it 10 bucks you play the
game but then the nft the character nft will be able to uh give you a unique experience you'll be
eligible for play to earn a whole bunch of other things as well right so including the soul because
we know that anything you mint on a backbone uh it makes you eligible for the soul token and anything you trade and you sell or
buy just like a galactic syndicates we're talking about and a galactic
mining club and all that. I found a lot of volume. That's perfect.
That helps out with your soul allocations as well. So I,
I think we're going to wind up that JG, any of the last words here,
brother that you want to,
well there was maybe a question,
rug Leo he, he so I just thought I'd let him ask this question real buddy? There was maybe a question. Rug Leo.
So I just thought I'd let him ask this question
real quick if he has a question.
Backbone. Welcome to the... I brought him up he has o'rion his handles i was like okay well
maybe he has something to say or ask or contribute he's rugged he's writing his name he's rugged
well much love to rug leo uh and uh all the other crew that are in the house lined out
the leo itself um and anyone who is, you know, part of the fam,
we thank you for supporting,
and we're all in this together, right?
We're all helping each other move forward,
and now Sol's going to bring us all together, right,
in a really concrete way.
See you again here next week with the new Alpha,
and hopefully, you know, if you want to be part of this,
We'd love to give you a little slot as well for your project.
Much love to everyone, and remember, Backbone want to be part of this, give us a shout. We'd love to give you a little slot as well for your project. Much love to everyone.
And remember, Backbone Forever.
Thanks so much, everybody.
The SCAR campaign with Prism is happening in just a couple of days.
Earn your SCARs. Earn your SCARs. There you go, everybody. Bye. Get your scars. Yeah. Earn your scars.
Earn your scars. There you go.