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Doing good on-chain
Recorded: Oct. 6, 2022 Duration: 1:07:10Space Recording
Full Transcription
Hey guys, how's it going?
Going good, just inviting people to speak, to make sure they can actually speak.
I don't know, I think one day Twitter should enable that you can do it from your desktop.
Hi everyone, we're still waiting for a few more people to drop in.
And yeah, for the speakers to confirm their speaker invites partly.
So Toby or Claudia, if you hear this, please do accept.
Yeah, let's see.
I don't know.
Maybe it's like a, oh, does it not work?
Let's see.
Okay.
Claudia, you should now be a speaker as well.
Okay, great.
Hello Naomi.
Hello Toby.
Great.
All the speakers are here.
Yeah, so apparently spaces, the more you share them, the better.
So I encourage everybody to just send a tweet and yeah.
And I mean, usually people are never on time, at least not in the Twitter space and the crypto
first.
So yeah, I think we can give it another minute and then we can get started.
Yeah.
Meiji, does that sound good to you?
Yeah, I think, I guess we've got enough time.
I'm trying to recruit more people from the different groups.
Yeah, I think maybe they are like hooked in other spaces.
There's so many.
It's such a popular time.
I think they're near at night during the day is ending now.
So I'll try to recruit some of them.
Oh, nice.
Well, they can come in and we can be the near at night number two.
Yeah.
Well, it's like eating tacos, but not on a Tuesday with Taco Tuesday specials.
It's like when you're getting drunk and then afterwards you go and have kebab, you
know, so we are the kebab.
Oh, you know about the kebab thing too?
That's very common.
It's a very German thing to do.
So when you're drunk and you need food and McDonald's is closed, then here in Germany
you go and have kebab.
I don't know about other countries.
It's the same in the UK.
Yeah.
And in France.
So I think it's a European wide thing.
Yeah, probably.
Well, in Japan you have ramen and let me tell you that cures any, any insane severity you
may have.
They also have the really funny drink with a lot of ginger, which you can buy in the convenience
store.
Oh, yeah.
That thing works.
I can attest to it.
That thing works.
Yeah.
Tune in early for the tips on how to get ring of a hangover.
Yeah, but I think we can start kick it off.
I'm sure people will just drop in as we go along.
I'm pretty sure there's going to be more sheets of people joining anyway.
So, yeah.
Welcome everybody.
GM, as we like to say in the crypto space.
I'm Naomi, for those who don't know.
And I've been in this space for, yeah, since 2018, but actually in the media ecosystem fairly
recent.
I just started exploring it three, four months ago, but pretty steep learning curve and had
the chance to meet a lot of awesome people at Neocon and also got into the sheets of community
somehow.
They've been super supportive and also a lot of fun.
So definitely check them out.
And I noticed there isn't really a lot of female led spaces on Neocon.
So I figured why not create my own instead of complaining.
So here we are.
This is the very first.
It's going to be a series, hopefully, that I would like to make more of a regular thing
with different formats from having them be like short educational and like today bigger
panels to just discuss anything Web3 near blockchain, whatever people want to talk about.
Really.
We even said we might want to do a space on how do you write a good thread or how do you
get started with writing.
So all of these things.
And yeah, today I've got some three amazing people joining me here to discuss doing everything
that's related to doing good on chain and somebody else is requesting to speak.
I'm going to get to you in a second.
And yeah, so I think there's a lot of potential to use blockchain for good, but in practice
it's not always so easy.
And the three people I've got today, I think they have a wide variety of backgrounds so
they can discuss all aspects of that and just a few more logistics.
So this space is being recorded.
So in case you do come on stage and ask something just so you're aware.
And then also a shout out to AGT and the Sheetser community who are sponsoring this and supporting
this.
And there will also be some near for those who ask the three best questions.
So don't be shy.
And the rough idea is there's a quick round of introductions of everybody.
Then I've got a few questions for the panelists.
And at any point, if you feel like you want to contribute to the conversation or ask your
own question, you can request to speak and then I'll get you on stage.
I think I can have up to 10 people, but probably not at the same time asking stuff.
So yeah, don't be shy.
Ask away and let's get started.
So the first one, I actually met her at Neocon and I was impressed with all the work she's
done to try and help charities raise with NFTs.
So Claudia, would you like to quickly introduce yourself and tell us what you're doing?
Hello, everyone.
Do you hear me properly?
Yes.
Cool.
Yeah.
First of all, thanks, Naomi, for the invite.
I'm very happy to be here and to introduce P2Gether again.
But I also have some questions.
Yeah.
As Naomi said, we are doing fundraising for projects with social and environmental impact
all around the globe.
We unite artists from literally all over the world with charities and hopefully soon with
investors as well.
And yeah, we are a growing community in the near space.
And we also have been at Neocon and we presented some nice NFT auctions to help charities.
Yeah, especially we have around 13 on board since April.
So we are a startup.
We started in April and we have covered the areas of nature, animal protection, reforestation,
mental health issues, but all in the area of charities.
So this is what we are doing.
And my question is to all of you, I mean, have you heard from us?
Have you seen or yeah, just curious if we have a bit of a presence, if you have visibility
within the near ecosystem or if you've seen something that we can actually improve or if
you have an input, whether it is a referral to another charity organization, I'm happy to.
So as Naomi said in the beginning, I'd like to, yeah, change it into a conversation and not
about be together as an introduction because I can speak for hours if necessary.
But yeah, let me know what you think about it.
Yeah, I mean, and also maybe if people are shy, they can just put a thumbs up or thumbs down
or put a tweet below this, but there is some, yeah, kind of feedback.
But yeah, I'm sure people are going to get over.
You know, I've never had a bee experience.
And I mean, part of it is because, you know, we're a bunch of digents and shih tzu, but
we're trying to evolve.
And we've done a couple of puzzles on a project on refi, open forest and some other ones.
But yeah, I have not heard about the bee experience.
So this doing good on chain is something new, at least for me, since I came here for financial
incentives.
But now I'm opening my eyes more.
Okay.
I mean, I have to say bee experience is something different, but also very good platform.
The experience is actually, let's put it simple.
Uh, it's a LinkedIn, but for, for, uh, for crypto.
Simply put.
Oh, this is the Kobe.
The thing with KDOT.
Yeah.
It's something different.
Oh, I haven't got it.
Yeah.
Yeah.
I know what it is.
Yeah.
It's kind of the LinkedIn, the, the job portal, uh, for, um, private people, but also for,
uh, business and be together.
We are doing fundraising, uh, based on NFTs on the near blockchain for charities.
Yeah.
Yeah.
So it's a bit of a different thing.
So let's try harder next time.
Yeah.
Two times to be the animal bee.
So, yeah.
Yeah.
Okay.
Well, uh, moving on with the round of introductions, I also have another amazing lady here, Emily,
who's also been a bit of an inspiration for me to actually do this because she started her
own podcast.
Um, yeah, Emily, want to tell us a bit more about yourself?
Yes.
Lovely to be on your first ever, is it your first Twitter spaces that you've done?
Yeah.
I mean, I did a practice right today.
Amazing.
Well, thank you for inviting me.
So, um, I'm Emily.
I'm a marketing consultant advisor in the space.
I've been in here in the space quite a while now since 2016.
And, um, I'm also an advisor for multiple different impact projects in the space.
And most recently I launched my own podcast called web three and thrive.
Um, and the main goal of web three and thrive is to support women in the space specifically
through challenges that they may face in the workplace, in the, um, business, founding
business and helping them to like really work through mindset challenges, um, diversity
challenges, and any other kind of, um, any other kind of like everyday stuff that we've
all gone through as women in the space, but not many people really talk about.
So it's very real and it's sometimes controversial as now we might know.
Um, and it's, it's really just me getting it all out there so other women can learn from what
I've been through basically.
And I also bring on experts who cover areas that I, um, I'm not so strong in.
So for example, investing, I bring on gender diversity experts, um, recruitment experts.
So, and I speak about marketing a lot cause that's my background.
So it covers a lot, um, of areas and men like it as well, apparently.
So I'm wondering whether to keep it just female only, but for now it's just women and non-binary.
Oh, I just turned my headphones off.
Oh, can you say, Lily?
Yeah, we can.
Um, okay.
Um, okay.
Well, I think we should all give Web3 and Thrive a listen.
Uh, eventually I will be on there as well.
So that's not a reason.
Um, but yeah.
Sorry, sorry, I cut off there.
I knocked my headphones off, but now I can hear.
But yeah, so that's, that's me.
And, um, what else do I do?
That's about it for now.
I'm in a coaching training.
So I've got, I'm working towards an EMCC qualification.
So, um, I'm giving women in Web3 a chance to have like free coaching sessions whilst
I'm training.
If anybody wants to reach out for me, I'm, I've got a bit of an application process going.
Yeah.
Can confirm.
She's a great coach.
Well, I haven't experienced a coach yet, but from what I know from her, she's an amazing
person.
And the third one I've got here is Toby.
And it's funny because Emily and Toby know each other, but they've never been together
on a panel.
You know, that's the first time for everything.
Um, yeah, Toby.
Sorry.
Thanks.
Fantastic.
Fantastic to be here.
So, um, so yeah, I run a fund called metal link capital and an analytics business called
Nova insights.
Um, been in the crypto space about seven years.
Um, generally take, uh, uh, a data driven approach to looking, looking at the entire sector and
tech generally.
Um, and, um, but what we're trying to build with metal link at the moment is a kind of mirrorable
sort of approach to, um, um, uh, looking at crypto investing, looking to find data driven
opportunities.
Um, running, running quite a big sort of investor event in London, uh, in November, uh, that Emily,
Emily and I have been collaborating on as well.
Um, so, so, but the, the goal is really just to get people thinking about, um, how, um, how
they get the most, um, interesting opportunities and they'll be there.
And I'm sort of very passionate, um, especially about some of the environmental, um, sort of
things that you can do with token economies and those kinds of things.
So excited about the topic as well.
Yeah.
Well, great to have you all here and maybe we can start it a bit differently.
Um, so what do you think is the biggest benefit of that?
Yeah.
And maybe Toby, since you were just thinking, you might want to go first.
If you had to nail one down.
Yeah, no, well, I, I think it, it is.
Um, so, so the, the, I guess it's so the way, the way blockchain allows you to
store data in multiple fashion.
Um, so, so being, um, sort of staying there forever effectively.
Um, I, I think is, is probably, um, some, so, so combining that with, uh, with the sort
of, um, censorship.
Transactions effectively, you start to get something very, very powerful, um, for, um,
for encouraging decentralization.
Right?
So, so I think that you need to think about the totality of, of different blockchains and,
and how they, and, and, and like where they.
um i mean
yeah i'm not sure if it's just me but i think
yeah i can't hear you very much yeah i think he he's got he was dropping out but from what i
understand it's a censorship resistance and combining it with a um storage that doesn't
disappear um yeah and obviously the decentralization aspect um maybe claudia what are your thoughts i
mean i think you don't come from a tech background either so what were your first thoughts when you
were first confronted now i didn't hear you properly the last part of the question
oh no maybe twitter is racking us um
yeah um so what do you think is the biggest benefit of block
i hope i understood your question what is the biggest advantage of
the web3 blockchain correct okay thanks for the thumbs up um i mean in my opinion of what i
experienced in the last year i'm quite a beginner as well so i still consider myself as a little
startup and as a beginner and i find it very easily to connect internationally compared to
the traditional uh corporate business even though we also had uh social media and all the channels
before but still the crypto area especially within the near ecosystem i like a lot this community
approach that we are living that everybody is helping each other out so it doesn't matter
if you're a beginner if you're super experienced you kind of always act as a team and my experience
in that area is absolutely awesome and i think there is a lot of potential but i think there is also a lot
of challenge that we are facing in actually onboarding um beginners to the blockchain because it's still not
easy to understand it's not it's still not easy to onboard so a lot of very basic material um is missing
and i'm talking about basic material uh when it comes to papers that explain it to me like i'm five
because it's uh what i needed as well in the beginning and i see the bridge that i actually want
to create with be together to onboard artists from all over the world also from countries that suffer
from from poverty who sometimes don't even have a computer but they can manage maybe through a phone
to be part of it gives a very new perspective um yeah of life and business for individuals but also
for organizations and to make this bridge i think we need to strengthen our forces and join forces
new synergies and then make this community an educational community to actually implement it
into reality makes does that make sense yes it makes a lot of sense and i agree on the educational
side and there's also three people requesting to speak so if you don't mind i take one of those and
see what they got to say um yeah i can contribute afterwards it's fine yeah in in no particular
order order i think first yeah i think so as well cindel you should be a speaker
um yeah you are so if whatever you wanted to say now's your turn
and stones is also waving i'm gonna also let him be a speaker and yes stones you can speak now
hello hello okay yeah well this is the beauty of future spaces um but at least now we can blame
elon musk so everything has a um okay emily is waving sorry yeah yeah so that didn't quite work
um yeah in terms of um the what was the question like what is the best thing that like we think
blockchain can do like why does it like the biggest benefit in your benefit that's it okay so for me it's
always been transparency and um supply chain and value chain so being able to give um a farmer for
example in a developing country transparency over the real price that his mango for example is being
sold for and making sure that all the any other parties involved in that transaction all of the um
the well for example the logistics transactions and the actual monetary transactions are recorded
and that the farmer can actually benefit from um a larger revenue stream basically so a lot of the
time farmers and and i'm referencing agri-ledger because janvier is one of my mentors um i think you
know janvier as well now me yeah you do anyway so actually yeah of course um so agri-ledger um
they worked on different pilots and their their main goal is to um increase the profits of the
farmer um and reduce kind of the middlemen and blockchain helps do that so i'm really
all for that transparency and also um sovereignty as well which i know you're you're a fan of um as
well an identification
yeah agree and i'm not sure toby if you've got better reception now if no i would jump to the next
question and see if um well let's give it a try and see if uh are you hearing me well now
yeah no it's better um okay amazing amazing i was um looking to sort of i guess from from a basic
perspective to to aid that transparency um the immutability of blockchains um probably is the
one of the key uh defining uh defining characteristics just just having the data
being untamperable and and they're there forever um but then i think it's it's also
i guess where what's been super exciting about um crypto economies is is their um censorship resistance
and ability to decentralize can lead to um just very interesting things happen and and that i guess
the the pace of innovation um and ability to experiment that we've seen in the crypto space
i think has been driven by a number of those factors um and obviously like like it's we're going
through um super interesting phases right now where where you're getting actual applications running and
working well on the underlying cryptos as well as as as ways to move money around and experiment with
um so so i think it's the great thing about the space is it just gets more more nuanced and more
complex uh over time yeah for sure um so one thing i notice is that a lot of the blockchain hype is
focused on defi and maybe nfts and it seems that sometimes the biggest use case is speculation
um which might take away from more sensible use cases do you have any thoughts on the opportunity cost
of dumping your money into yet another yield farming app or in some flash loads um
maybe yeah toby is that's doing like the trading good work yeah and and i think i think we we all in
the crypto space need to need to recognize um that there is some of the the the speculative
um nature of the space and and and a certain degree of get rich quick sort of mentality uh is toxic
um and um i don't like like the the positive thing that you could say about the use of yield farming and
things like that is it's it's incentivizing it's kind of marketing spend in a way of your tokens
and you're encouraging more and more people to use a network um the problem then becomes is you've got
an artificial growth of the network of people sort of being bribed to use a particular thing and then
once the once the generosity of the bribes goes down um people move away but i think i think the defi
side of things i think is to be defended 100 percent right because the the um like i i really doubled
down on like setting up a fund um after uni swap v2 came out because it firstly there was just a lot
of data that you could track it was relatively transparent and easy and then in theory you could
get a market for a particular token ecosystem very very quickly off off a simple dex and and i think
obviously that's become much more complex around the place but i think the value is that you can you
can have ideas and concepts turbocharged very very quickly um the problem is it's very much like
the world west kind of space at the moment but i think i think as people become more sophisticated
and um better able to navigate that kind of thing it's actually a very good thing for
turbocharging a small new innovative organization yeah no for sure i think there's a lot of use for
defi it's just the question is yeah where do you deploy your capital and maybe claudio since you are
on the other side of things you're trying to get people to invest in sensible things um how do you
think about that like or maybe what are things that people ask you when you tell them what you do
and they are maybe the defi degen um a question that i'm actually struggling with anyhow it's uh yeah
as a lot of uh of you pointed out uh we are in a beer market people don't invest or still have the
mindset as you said before um that you want to get rich super fast but i think in the charity area
it's a totally different approach because we sell on an emotional level um we don't sell as an
investment of course you consider it as it because you can make an investment out of it in case of
reselling for a higher price but yet it's about charity it's about doing something good about
nature about humanity about animals and yeah i think we have to catch people on an emotional level
to invest but honestly here i would love to hear some more ideas or how we could improve on that
because finding the investors even if it's just a little bit of um of um how do you say contribution
even if it's only like two or three or four or five a year and would already already help but right now
we feel a bit stuck in that area to be honest so i'm also happy to hear your inputs
how do they work so oh toby you go first sorry oh sorry it's agt you know what i was going to
mention is i think during the bear time just keep promoting your project keep grinding keep putting
threads keep doing medium articles so when the bear market when the bull market hits all these defi
digits become giving and they're like hey who is that product that kept grinding and promoting and
we saw them and they were visible so that is going to be one suggestion is not to give up during the
bear and then reap the benefits of the pool that's exactly my plan now that's the only thing that i can do
for now is filling our stores creating as much beautiful nfts as we can to be ready when the
market is going up yeah totally agree thanks for that in terms of like your acquisition and like who
you're going after who is your ideal target audience i mean obviously the the near ecosystem in general
um i try to reach out on a personal level on an emotional level um
yeah and so in terms of your um product offering how do people um how do people participate
um as an investor you mean now yeah yeah i mean basically as an as an investor with a near wallet
you can buy one of the nfts the good thing is about our stores that you have full transparency
that means as an investor if you open an nft look at it you can see how much actually goes to the
artist who created nft how much goes to the charity and how much goes to be together and if you buy the
nft the money is automatically split so it's not something about the money goes first to me and
then i'm going to forward it to someone no it's full transparency and happens automatically to the
wallets of the defined parties so it's quite easy actually to to onboard if you have a near wallet
you can sort and you can buy cool and so in terms of um partnerships do you have like a channel
partner strategy i am building now different collaborations yes um yet to be expanded and to
be improved uh we show our stores uh on different platforms now uh for example mint base and gorilla
shops uh it's a replicate i don't know if you heard about it it's a it's very nice uh cms tool from
uh from um gorilla shops then we are collaborating with fair uh they are doing the same as we do but
they built their own marketplace so when we are onboarding artists and charities we are doing this
for both companies at the same time um we are also motivating our artists to actually diversify
and to mint on different platforms um that are based on near so we can cover different audiences there
and yeah i'm i'm having a lot of meetings also off the near con now with people and
talk about possible collaborations and if you have any ideas shoot yeah but because i'm yeah i'm sorry
i was gonna say you guys gonna say you ladies should definitely connect because amelie she's been
marketing and web free for a long time so she can definitely help you out there and but actually
you did mention something that i find interesting and that i've always been wondering about
charities because people always say um yeah using blockchain is great because it provides
transparency but it only like provides transparency up to a certain point right because even if i were
to buy let's say an nft and then the nft goes to the charity and then the charity goes to the bank
cashes out the money and then i still don't have visibility right um so are there any companies or
processes that would address that where you could actually see like okay this was truly spent on
what they said they were going to spend yes that's uh one thing i like to implement uh next year
um the reporting system and i would also like to add a value to the nft itself so for example on gorilla
shop this is actually possible you can also say when you buy an nft um let's make an example um for
example you are supporting uh an orphanage that you when you buy an nft and only if you buy it you have
access to specific videos from that school in which you actually invest so you can see that children
are going to school it's not a real proof of the financial cash flow let's say but this is one thing
or an added value that i like to to implement and with another business partner i'm talking about
setting up a marketplace or a platform which the reporting is actually included so yes this is
definitely something we need to do because just sending the money um even though you know where
it's going it's not the full transparency until the end
yeah maybe toby have you heard of a platform or a provider that would already be doing those
things um interesting so so in in terms of the the sort of charitable measurement of impact um
i don't i don't i don't know of anything but but obviously there's a lot of different uh groups and
dows and things being set up to try and incentivize certain behaviors and and um and and those kind of
things i i was i was sort of thinking a bit bigger picture well while uh um you were talking on this
topic just because i think one of the really interesting things about near is is you've
obviously had sweatcoin come over to you with a huge user base um and it's it's quite an impact
driven project just in encouraging people to walk and address their own health with sort of crypto
style incentives so um um the where i was thinking um firstly like to solve some of the problems uh
that that uh be together are working on uh is is that you could it's it's all about for something like a
charity it's all about getting users at scale to donate and and i kind of sort of feel that
that the the blockchain you're using you'd ideally have fade slightly into the background for that
experience as well okay like it would just be um something that that ideally if people wouldn't
give you money in pounds or dollars or bitcoin right like like you can you can do it
yeah
yeah
yeah that's what i was going to say like putting the blockchain aspect into the hood
as always which is kind of the key for mass adoption of any product in this space um
i agree with you toby and also there's yeah there's we should definitely speak because there's
so many partnership opportunities to kind of onboard new users that would help low cost
you know something that i want to bring up since based on the topic doing good on chain but think
about like doing good on web 2 or current charitable organizations you know there's a lot of inefficiency
uh and capital inefficiency so how is blockchain going to assist or is it going to change the
landscape or most of the money that gets donated won't reach the affected people what are your thoughts
sorry now you have to repeat it quickly please
uh so
web 2 charities can be very inefficient so how does blockchain make these things better
hey that's a good question i am not able to answer that
yes i mean i wouldn't yeah i think maybe we can track the inefficiency or efficiency of the charity
itself maybe we can track through the blockchain which will make it possible to actually track the cash flow
yes and i think maybe one area is that potentially you could raise from a worldwide audience more easily
without that much friction as long as you figure out the uh which currency they actually pay in
um yeah yeah and um i think i think there's some very good examples of of things that have been
successful right so say um you could look at like klima dao for example that that really have allowed you
to uh that that sort of has had had a huge impact on uh the carbon credit market just in terms of
buyers of carbon credits by by providing some of those crypto defi incentive mechanisms
to to to to to incentivize um better behavior there um and i think it's been imperfect in its implementation
but it's it's kind of uh it it has proven itself in terms of like uh um being able to
kind of encourage a large segment of the crowd to um to improve people's carbon carbon impact
so so it's it's getting some of the best crypto mechanisms and and and leveraging that at scale right
mm-hmm yeah i also thought about actually creating a dao and integrate all the charities
and then the charities itself would be daos as well with sub um how can you say like sub departments
so you can actually know which money is used for which department but i fear a bit and it comes
back to the challenge that we are facing the charities that i have on board they are kind of reluctant
not all of them but a lot of them are reluctant to stay or to be in the crypto market they took it as a chance
because i like the idea they didn't have to do a lot they didn't have initial costs to actually start
with be together and that's why i did it um i feel a challenge especially then in the in the in the
onboarding actually of the charities i found this in the past i set up a long time ago um an e-commerce
platform for um women in the space to sell their products and receive crypto for in developing countries
and that was the biggest um block was they didn't want to accept the crypto they wanted the the funds
but they didn't like they just didn't want to do it as too much of a block which is why i always say
and i'm a bit controversial on this but i don't like the concept of daos if you're going to use a
dao properly i would say use it as a collective investment tool or a decentralized um pot for a
business however i think the concept of dao for non-web3 people and if you want to go down the route of
onboarding more users it's just too complex it doesn't it's not necessarily benefiting them
maybe for your users like your investors it might be beneficial but to onboard the partners
that you need to make the product in existence um i would say it's probably too much of a complex move
i'm all about simplification in this space same same but yeah we can talk about that offline too
sorry i'm just like dropping all these yeah yeah yeah you should totally do
but yeah we could um i don't know which direction you want to go in i mean i know we don't have much
time left but um i was just gonna say like if anybody from the audience wants to join or say
something they just raise their hand because also probably on the topic of dao is a lot of people
have thoughts and some are very heavy advocates some are skeptical like i am so yeah if anybody
has any questions or comments or maybe things they want to ask the people that i hear that
don't be shy raise your hands we've got lots of speakers lots left
um yeah it seems everybody's happy at that i'd love to dive into your dao experiences naomi because
i i can i can tell you i i i'm typically fairly idealistic when i get sent a new dao or something
to join up to um but but i have to admit that that just because of time and attention and and stuff to do
you might vote on uh some of the proceed processes but but but it's hard to i can see dao's like
make a dao or something um getting um quite active um but it i definitely agree that that we haven't
cracked how you how you do a convincing dao very well yeah i think orobot has something to say
go ahead yeah i think the concept of dao is quite interesting you know agt and the sutu community
and um orobot community were all based on aurora which is a layer two and um the orobot community
recently proposed i made a proposal for governance on the dao and a couple of things i noticed were that
it's very interesting that there were only 25 proposals on on-chain governance for um aurora
which is very little with like 23 of them being from aurora labs so then when i looked more into
for example the you know the dao members behind or behind aurora it was just really interesting to
see because they're not shown or like properly um advertised like anywhere on the aurora like website
for example and when you look at the wallet addresses we have stuff like some parties seem
that they might actually be quite um how do you say like have quite a bit of influence in um personal
gain in some form like there was like a one inch dot near it's part of the aurora um governance right
and so it was just um i'm not drawing any conclusions or anything from it but it's quite interesting to
notice because i just do think it highlights the point that you know people have to be careful with
daos and i think it warrants um a great deal of caution
yeah for sure i think also there was this uh i'm not sure if it was chain analysis or
chain link or whoever but there was this report basically saying that one percent of the people
hold 80 percent of the power in daos and i think that's fairly common unfortunately still
because a lot of the time the dao is started by some centralized entity and then they give away
tokens but they don't necessarily give away their back they just give away what they are willing to
give away but how about the alternative where a dao has begun but only you know 10 percent of the people
put in all the work so yeah you're into that situation uh and i think that's uh also like
compensation and ours is a very interesting topic um but yeah of course not everybody puts in all the
work and i think there's a reason we don't have direct democracy everywhere and it is because not
everybody has time to reach into all the complex topics that people have to decide on
so yeah to clarify right this isn't um the dao i was speaking of is like a governance dao so
it adds like a whole other layer of complexity
so so what what's the difference between a governance dao and another dao don't they all somehow have
governance yeah no of course i just mean it's like network um protocol layer governance right
yeah yeah and i think being charitable right like like um uh a lot of these projects would sort of
almost say they're on the road to being real dao um and and for just practical reasons if you've got
10 of the core devs and their mates voting on proposals and and maybe some uh um big sort of
more institutional players um it isn't it's sort of a some form of tokenized voting economy um is it
really a dao perhaps not but more decentralized than just um a group of like 10 people making the same
decision between them behind closed doors i guess that's right like so so um and then hopefully over
time you'll get more and more that that that actually that those sort of token economies become
become much more widely spread and i mean you could say bitcoin and and ethereum to a lesser extent um
are are on that road if you know what i mean and then and then you look at other token economies
and just by sheer sort of adoption and and numbers they become lesser you know
i'm not sure how familiar um everyone in this space is with aurora but to sort of um play off toby's
idea here i i do think it's um i think it's good to look in in the future and everything and i think
it's good to see sort of how obviously you have to start from a centralized space and shift to boards
becoming more decentralized but when you look at bitcoin for example you know they the the network
managed to launch in an almost decentralized way and not voting power way but you know due to like
anonymity and everything and right now if you look at the space um the reason i mentioned one inch was
not a slight at all but it was more to say that um on aurora for example um trisolaris used to be
integrated in the swap natively and now one inch has been integrated natively into the swapping
interface and i'm just saying that you know that's a really big coincidence and if you go sort of
take that example and um put it towards a more theoretical sense then it could sort of um impact the future
growth of the network if players already are able to sort of put their own advantage forward like uh
yeah governance
yeah and it's interesting to see maybe you should become a detective
yeah and you know aurora i mean that's an issue with any nascent l1 uh especially you know they're
giving all these boats out now so it's incumbent upon the people partaking that you know these boats
actually do have value and it's to prevent centralization because i've also noticed the
same but it's still early on and hopefully with further adoption it's going to become more spread out
but you know what the irony about bitcoin is in my view is that it has become more centralized over
time uh it started out with the right ambition and then it kind of turned into this mining way
like but it is mining pools that are just um trying to solve caches faster than each other
yeah but i mean yeah it's all just an experiment so um emily maybe any thoughts on what you've heard
about the daos the dao on aurora to be honest i only found out about aurora today
well you know that's the first time for everything yeah first time now speaking to a senior software
deb a female one who i've done a bit of research with in the past because we're actually working
to build a cool new product that a lot of us on here will benefit from um but yeah she she showed
me the platform and she also showed me um oh i can't remember the one but anyway talking about
the grants because she was saying about daos and how to get um how you get grant funding from
daos i was like no i don't want to get funding from daos i want i just want to get a grant or i want
to get uh investment that's all i want to touch so yeah that was a bit too technical for me i don't
understand everything that was said to be honest so emily you can apply for grants both on the near
side and the aurora side and don't look at it i have neither so we are in the same boat at the moment
i need to do more research yeah i mean aurora is i think kind of you can think of it as a layer too
and pearl has just requested to speak so i'm gonna make you a speaker
there you go
yeah if you want to say something you're now a speaker
you're muted yeah
it's like it looks like spaces doesn't want to give me hand out near yeah maybe not no you know
you can just give it all to me that's fine i'll watch it this week um but yeah maybe this is because
uh twitter is being sold and it's not happy
but yeah i think um maybe one more thing i'd like to hear about is um because obviously the
idea is to give people maybe some practical tips um and i think from a fun perspective toby it'd be
interesting if you can share what you think a social impact project would need to be attractive
for investors
so so um and what what can you repeat the question sorry yeah yeah of course and also louise
um so what do you think a social impact project needs to be attractive to investors because i've
heard from many that they have a hard time raising um yeah
yeah i i think i think it's it it's traction quality of the idea scalability of the idea
um all all the all the sort of basics um so so um i've been quite closely involved in a group called
esg dao um that's been launching at the moment um they they've had a a killer team but a pretty early
in terms of where they are at their prototype and and uh but i've been doing everything to sort of
reach out to the different protocols um i think i think it's um i mean entrepreneurship is hard
always right like like say having been an entrepreneur for 12 years um like like raising money
money is hard and especially in this environment it's very hard because it's sort of when people
are worried about um i don't know the pound collapsing um and pension funds going under that they're
typically not as risk on as when sort of um the bitcoin and s&p and whatever are going to all-time highs
right um um um i think but i do think it is all about clarity of the idea focus how scalable what
you're doing is the quality of your team um how the team is able to implement that um to a degree um
you'll get more credit for having been successful before um which isn't a very easy answer when you're just
starting out but but uh i mean i think there's there's a lot of things that investors look at um
but when and it's it's often um when when things are very early stage and don't have users and don't
have customers and don't have anything really developed um you're really selling a dream so it's how
good you are articulating that dream um and that's hard um so i think i think the more you can actually
test your product in the market um do your sort of basic eric reese lean startup principles and push
your product into the market and see how it goes then you can then you'll certainly at least have
statistics and proof of how you do things um so so i think there's probably two routes you need to go
there's either either the the kind of um bootstrapped lean startup eric reese playbook or there's the
big picture founder selling the vision of what they'll build on top of near um i think in this environment
um the the bootstrappers and the people who who build traction um on limited resources will probably
get more credit than the people's trying to sell a big dream but the people are still able to do it
that was a great great i need to take notes um louise you also joined as a speaker
should you like to say something hello everyone i'm arriving home how are you hello yes we can
nice to see you here oh let me just all right
yeah um okay i'm gonna mute you because it's pretty loud
so louise i met claudia a couple of weeks ago let's say and
and and uh well let me say uh what i see like a valuable the most valuable thing about be together
is a the way um the easy way to connect uh people you know people in need with people with with um
collectors art collectors um people with uh wanting to help you know with the need to help also
so connecting is like the first uh you know uh value and also um tokenizing community uh through art pieces
through nfts so we we are kind of building our uh our identities on web3 so having this uh
uh this art pieces with uh charitable cost uh you know is like saying i'm here i'm i'm helping and we are
together in this so i i guess that the name is quite accurate for be together it's like we are all together
with uh you know helping uh helping uh see see life and and improving uh improving life of many people that
is in need right now so so that that those are my two cents for regarding that topic and
uh well regarding daos i i kind of need to learn more i also been reading about uh councils like community
councils like community members that are deserving to or willing to to add also value and and give their
ideas to the community to the project so that's a good idea also it's a discussable um you know topic
but it's really nice that we have we are so early that we are learning i i heard someone who said that
um it's the first day she she heard about aurora so uh it's like great that we are teaching each other and also
uh that would be a great value to we are doing uh indeed like new onboarding people we are helping
them creating their collections and their wallets and connecting and in a safe way also always safety first
you know so in in this jungle so uh that's maybe for me what i got uh the the main value in work 3 of be together
yeah that's great summary and talking of like decentralized organizations i can give everybody a
book recommendation because that's what i always do um there's a book it's called the starfish and the
spider and it's about the power of decentralized groups and it's not it is uh partly about groups
like i think it was the maya or the inca i'm not sure but one of those and it is about the power of
decentralized organizations before we even thought about the word blockchain or dao because some of
the examples go back like hundreds of years so um can definitely recommend that as like uh maybe
supplementing of we always talk about the tech but you know there's a human reason of why we do things
and that book really highlights it really well and yeah i think we're getting to the hour so maybe one
more thing um i just want to quickly know from the people who are speakers here what are you excited
about in the next months um emily um i am excited about the next podcast episode because i'm just excited
to get everybody to be back on this one emily can you link your podcast can you pin it i can indeed
it's good it's called web free and dry yeah i'll put it down here
yeah how about you toby what are you excited about in the next month yeah um so um actually i'm i'm
excited about collaborating more with emily just because i've i've got um a big event that we've
been putting on for investors uh uh on november the 17th so they have been uh pulling that together and
we've been we've been we've been sort of raising capital for our funds so so i i've got a lot to do
and and looking to um uh yeah just just i think the crypto space is um super exciting right now very
very very positive and and looking forward to um working with great builders and and people doing
interesting things and and uh um sort of helping it uh come through a period of turbulence i guess
toby can you can you pin that event that way the cities community we can giga send it with retweets
and likes sure sure where where am i meant to put it um so if now we can all learn something about
twitter spaces if you go to a tweet that mentions the event and then you click on share you can share to
space and then it will appear here look i'll show my governance by doing that as an example
yeah
okay and claudio how about you what are you excited about for the next month
oh oops sorry i was mute um i'm excited especially to have luis and a few more freelancers on board
because as toby said in the beginning it's important now that we use the time
in the beer market to actually yeah put our goals and our vision and our mission to market
so when the market is increasing again that we are ready and i'm very excited to have more people in
the crew and in the community who have different knowledge different skills uh different connections
different uh communities that they work with and i think um this collaboration
added how do you say collaboration attitude or collaboration um yeah community vibe let's say
this is what i'm actually looking forward to because i still have so many things to learn
and i really look forward to add to my skill set here
yeah amazing and you ajt since you are my honored focus oh thank well i want to offer all the projects
here the shih tzu community we are a meme coin but actually we're more than that we uh create a crossword
puzzle on a smart contract and we can promote any project all we need from you is good questions that
it's going to make it's going to engage the audience and uh we will fund the puzzle and then you
can create this puzzle to benefit your community and we'll fund it with 50 to 100 so if you're
interested just dm me yeah and i can say it's quite a lot of fun to make these puzzles and also to
try and solve them you always learn a lot about a project so highly right all right if nobody has
anything to add i would say thank you everybody for joining yeah so excuse me you know i'll report also
last word i was uh naomi i managed to while i was trying to figure out how to post this thing um
i managed to switch my twitter profile but the um um i was wondering uh it doesn't seem that emily's
clearly figured out how you share this stuff um oh if you can put it under the uh tweet or something i
can also pin it yeah i put it under one of your tweets or what already i think yeah oh yeah i see it
yeah so everybody who's in london should definitely attend i might be i added it
uh perfect yeah so yeah um i'm going to london and like
perfect um yeah or robot you're going to go to london great we see you there yeah you may speak
yeah i just wanted to say thanks naomi for hosting the space and it was really cool to meet all of you
uh it's really cool to hear about all these different approaches to doing public good because i don't think
it stopped about enough and especially in the d5 mark that we mentioned you know it's really cool to
see some people building like some real life things and not just you know um getting like the
you know d5 ponzi schemes and all of that but um yeah so it was just really cool to see
thank you and yeah i mean thanks to everybody who joined today it was a first and it was great and
there will be a recap of this one as well um and yeah i'm looking forward to hopefully welcoming you
soon again when i schedule a new one i will let you know and thanks a lot to speakers yeah
can you give us some alpha what's going to be the topic for next one uh so i was thinking
degenerated away you know so kind of playing on spirited away and then just because i'm really
skeptical on all the ponzenomics so i think it could be fun to get a couple of these yield farming
apps on question them on their tokenomics um but also in terms of giving people the tools to actually
evaluate projects better and look at these things and figure out is this actually a good investment
or not or am i just being diluted away of about so i think that could be a good next one but also if
anybody here has a suggestion on what they would like to speak about then just let me know um this
is a community focused initiative so anybody's suggestions are welcome yeah i just joined the
shih tzu community a week ago but i just want to say um i'm most excited about building with the
shih tzu community and seeing where they go and so i'd love to speak about the shih tzu community
yeah we definitely need to make that happen okay well then thanks everybody i hope everybody has a
great evening or afternoon or day whatever it is where you are and yeah thanks a lot and see you soon
again thanks noemi cheers thank you noemi it was awesome thank you hey
