Yo yo guys how are we doing? Great man Yo what's up guys
- Beauty. - We'll wait a little bit here, let people roll in.
Yeah, I can never figure out how to do that. There's a dude in his Twitter is that he just music. That's just like some SMB guys. His name is music and he just comes
up and plays music in space. They're starting. Oh, got you.
Really good some people are rolling in.
So yeah, dynamics, you want to come up in speakers as well.
Beauty. I mean as everyone starts rolling in I know I'm not spooning a bad wreck and a couple of the royal guys are
going to hop in here as well and also Carlos if he gets up from his life in Bali. But yeah, welcome everyone. See a lot of facts in there.
I see a lot of reptilians in there as well, I hope with you guys. So yeah, this is the first, I guess, exorbit space with our first project that we're going to be
how this is going to work, why we're pretty bullish on the secret space society, really fuck with them, fuck with their team, stock stills up here as well, he's helping us with the
And his art firm has been doing some dope shit. Dynamics is up here too. He's very knowledgeable person of the space and he's been helping us put a bit with these initial accelerator projects too.
Yeah, we'll get started in like a minute or two here. I see burrito boys have requested to... Hey Jason, my man. You can come up and say, "Hey, but then I'm gonna have to kick you down. I'm gonna have to get on with this with this space."
What up bro? Sup guys, Supdh how are you guys doing today? Good man, good nice to see you. I'm just chilling up here and hey what's up Tested I'm missing Tahoe super beautiful out drink it some beer on the porch and uh, Deach said he's gonna be on the space so I had to drop by.
Oh, yeah, appreciate you coming by man. Yeah, thanks for coming. Excited to hear what you guys got cracking. Hell yeah, I appreciate you guys been, uh, uh, been with us since the beginning and it's been, it's been fun working with you guys as well.
I love the I had a brutal boy once when they were at the beginning there when they when they pumped up nicely. Well man you got to get another one we went out tons of burritos every single day we give out like probably three to five burritos at
every single day to our holders and we're just a good vibe community right we we definitely have fun over there that's for sure. Let's let I fuck with it. Okay yeah let's let's get started. So for the space we'll
So we'll start with a little bit of a schedule, but a plan for the space here. We'll start with an introduction of everyone up here and then we'll move on to the SSS guys. You guys can talk a little bit about the project. We'll talk about why we
So, I'm sure that you guys are so bullish on you guys and wanted to support you as the first project that they've celebrated. Ask a few questions, then we'll open it up to the floor to anyone in here. And I know a lot of fat cats members, they've got some questions for you guys, so I'm sure they're
going to be excited to ask you them. I know we talked before and we were talking about giving away a couple of the first whitelists for this new knot collection. And so if you guys want to maybe drop a little hint on that, then at the end of the space we can divvy those out.
Yeah, yeah, so what do we want to do for that? We were thinking maybe we could just get whoever from the Royal Council comes to you know pick one person each and then we can bless them with the white list but but we're easy to do it however Yeah, I think if you've ever comes up and speaks We'll just record your names down and then we'll give away like
Yeah, that sounds great. Beauty. Get that OG spot. So yeah, to start, I'll do a little bit of an introduction on myself. My name is Henry. I'm one of the founders of FACTS Capital. I'm in the FACTS account now. Also known as FACTS Henney.
And so we've been building now for a little bit. We dropped about a month and a half ago. We've been going through almost like 50 accelerators applications. And now we're finally here and we're presenting you guys our first project that's coming through the accelerators.
and we're super excited to be working with this team and really developing them into something that can be the next legit Blue Chip project on Solana with our health and the strong team that's already behind them. I think we have a pretty good foundation
to build off of and where we're super excited to get going. Secret Space Society, Dejan and Toast, tell us a little bit about yourself, a little bit about the project and then we'll get moving from there. Yeah, for sure, I appreciate you hosting the space.
Indeed, I'm one of the co-founders of Suge Space Society. And yeah, we actually launched our project back in March. Our Discord went public in the first week of March. And since then, we've launched two collections. One of them being our club cards, which was kind of like our early investors.
And then our second being our nameless knots, which we launched a and that was kind of you know So that they could stake their knots and really be immersed in all the utility that we were building so so yeah, we on our roadmap our for our phase one roadmap, you know, we we did our our men's
and then we built out a casino, a raffle house and an auction house and you know those utilities are something that our holders take advantage of of every day because we do IRL raffles on our raffle house as well as NFE's with spots and you know we've got a bunch of
games on our casino as well, Roulette, Blackjack, which is coming soon actually, Coin Flip and you know we've got a couple others in the works but you know our main aspect was to build out our community and build out our DAO and so within our DAO we had Solonakols and SportsBetting calls.
And you know, everybody offers Solana calls, but something that we did different off the bat was the sports betting calls and with Focus 5 Sports, Trent, who's now a very good friend of mine, you know, we brought our holders five plays of the day's. Mainly, and we started doing $10,000 to $1,000.
challenges. So, you know, I got the Dow coming back every day that got people very excited in our community and it went very well. You know, we did the $10,000 challenge two to three times. And so that really built that strong Dow component of SSS that we were looking to build.
And so, you know, we completed Roadmap Phase 1 and throughout these months, we sold out. There were slowments, but, you know, we didn't really get the exposure that we wanted. We felt that we could really market ourselves better and market our utility better, but we definitely needed some help. So when we kind of came up with the
the plan of road map phase 2, which included our sports betting, as well as a leap into the IRL world with our branding. We saw that Fatcats was coming to the table, so we applied to the accelerator program because of all the connections that they had.
And so yeah, that's kind of where we're at now with our roadmap phase two, our the utility we're looking to build out is a sports book on Solana. That's playable with Solana and tokens within Solana. And yeah, that's kind of where we're at and that's what we plan to build in the future here.
That's awesome guys and yeah, those are great pitch in my opinion. I think I saw Spoon come up here and stalk still and genomics as well if you want to maybe introduce yourself a little bit too.
Yes, sure so my name is Sputicus. I've been in the space since September last year. I've been advising projects since January. I started a marketing agency called Soblitz in March. We now have 25 employees. We're incubating seven.
projects at the moment and I'm also a project owner, I own Brockley Dow which is Cyber Villains 1000 NFT collection and Cyber Heroes a 2002 or 22 NFT collection.
Hey, what's going on guys? I am stock still I'm from hydro launch pad and the community manager for C-shanties and reptilian renegade and Right now I have something in the works. I'm opening up an art studio
and I'm one of our first people that we're working with this secret space society. So you guys will get to see some incredible art soon and yeah man I'm hyped to be working with you guys.
I've seen this art and it's fucking fire. Denomings. Yeah, Chief Bro. Yeah, my name's Donnie. Guys, I'm a financial analyst. I've been trading now for about six years.
work as an educator for a large trading firm. I've been involved with the NFT space now for a bit over a year, not so much in the Salana space until recently, but yeah, I've done a little bit of work for a few different projects. I see my boy
Carlos in here, absolute legend in the space. Yeah, a few other guys have been working with, but now work with the fact cats team as a bit of a accelerator liaison. So just working in the background, going through the applicants and helping the team out wherever I can.
Beauty men, we appreciate having you around. Your knowledge and insight in the space is very well appreciated and it's very valuable to us. A little bit of a background on the food and stuff, especially they're part of our real council.
them, along with 10 other projects and people are on there and they sort of act as our advisors and act as a sort of a community within a fact-cats where we can come to and sort of
and get their advice. And in my opinion, there are some of the best builders and most knowledgeable people within the slant space right now. And so we're more than grateful to have them as friends and companions in the space and super
happy to be able to build with them. The next part here and what I really want to talk about are actually I see Soul Punks. I think that's wreck. He just off the therapy helps the speaker. He can come and introduce himself.
But the next thing I really want to talk about is why SSS. And so what made us pick SSS over the other 50 plus applications that we got to this to the hotel or before I get into that though, Rick, if you want to start
You wanna introduce yourself here?
Hey guys, how's it going? I'm CryptoRick. I'm one of the alien council members of SoulPunks. And me and Henry have been in talks for a long time and really I really like what you guys are doing. So I'm here to just support and share my insights.
Thanks, bro. But yeah, so, so is there moving forward on that on that point like we have gotten around I think we've gotten 49 applications now to the accelerator and that's around 45 minutes.
I, 42, 43 from the faculty community, then we opened up to Smith around a week ago. And so a lot of the applications, they were super cool and they were projects trying to do things, but it's hard.
to find a project that I think especially during this market that can be successful with a strong team behind it. And so the biggest thing that we look for when we're looking for these accelerated projects to present is a team that we think that we can work with to create something
that will be successful. And so the projects that we are incubating and are going to be accelerating, they're not projects that are at their final stage. They're projects that we can work with to basically turn them into something that we think can be as successful.
and provide long-term value for their holders and the ecosystem as a whole. And when we met Dej and Tocaster of SS, that's the vibe that we got. And so before we accept it, we're on like four or five hours worth of discord calls.
texting them and sort of seeing what their image was and there in the vetting process for that was quite extensive. On top of that was a lot of them to the to the Royal Council and to the members of the CCC to get there and site on the project themselves and they all brought up great questions.
But with these questions, Dejan Toast, they were able to answer them. And they had the ability to talk through their idea and really make us see that what they're trying to do can be successful. And they're willing to put in the work to really get it going. And so that's the biggest thing that we were aware of when we were
And now that we're here and at this point we're super excited to be able to build with them and incubate them into a project that can be successful and provide them with the utility that need the connections they need. Basically whatever else it is that they think that they need to be successful and what we think as well and we're super excited.
I think one of the reasons I joined Fatcats is when I first talk to you Henry, you seem to have a desire and drive for quality. And I think the
The members that you brought up in the Royal Council created this network around show that, you know, Bloc Smith Labs coming in as the last one was an incredible choice. But I think that's a very important thing is
The people who are actually bringing quality to the space, to the ecosystem, I think it's important that we help each other. So I know you guys have had an
extensive process, extensive vetting process in your incubation process. And a lot of people might not understand the importance in that, but with my specific job and working with onboarding with
with Hydro and I look at hundreds of projects every week and in all reality there's not a lot of real substance being put out into the space. Most of it is
pretty shallow. So, you know, I think Henry and all the guys over at Fatcats understand that. And so, they, if they have found, you know, a project that
they are willing to bring to us it's something that you know i really look into and with secret space society uh... you know it this is something that can be a massive success the sole industry is full of de-gents and the crossover between
the sole and FTD gen and the sports betting dejan is not the zin, you know, the zin diagram is it's pretty, it's pretty drastic in the middle part. There's a lot of them crossover. So I think, you know, with the right eyes on this and the right exposure.
the right art. This is going to be a super successful project. I appreciate that and especially in terms of what you said about the art you're helping us with that and where we've seen the first couple sneak peeks and everything
and they're looking pretty fucking clean and we're really excited to put them out because in my opinion they can be some of the best art that we've seen so far and it's super exciting to see the development process there.
Yeah, thanks. Thanks so much guys for for all the kind words and you know when we applied to to fact cats obviously we saw a value in all the connections that you guys brought and and and and the work that you guys were putting in as well, you know
to be able to be a successful project and get so many people on board because they know that you're bringing value to the space and being able to incubate all these different kinds of projects and give them the advice that you've given us.
We've been on the other side of those discord techs and we've been taking all the information that you've been spitting at us and honestly it's been amazing, you know, like in the past two to three weeks I've learned so so much about how I can do things better or how
how we can make little changes to make a really big difference at the end of the day. So it's really been a pleasure working with you guys and I'm super, super excited to see where we take this.
You know, a lot of the ecosystem is I feel like there's kind of a split you have people that are coming in they're new they don't really have like an understanding of what's successful in the FTS space and what has like a chance of making it and then at least on crypto Twitter
You see just this anger of people who have been in the space for a long time and they come in and they criticize and they're well they do try to point out the obvious in a lot of these cash grabs which is important but
They come in with so much hostility and anger just because I think everyone's so jaded with the space being so filled with I mean, it's just filled. There's so many different times where you know if you don't know What's gonna make it in this space and you don't have like a good market sense?
that you can lose money trading soul and fts. So a lot of people get super jaded in this space. So I think it's important for people who do have a good understanding to help guide not only investors but project founders in the right way and help them understand
the importance of longevity and sustainability and what exactly that means in this case. I'll tag onto that. It goes for the other side too. People are obviously very approaching projects with a very cynical eye right now. At least seasoned investors, a lot of
The big thing now is to throw projects on a space and grow the shit out of them and, you know, and fathom and see if they can survive, right? Like it's just survival of the fittest. And that's the culture right now. And who knows what it'll be in three weeks from now it changes every fucking two weeks, you know, with what's popular.
And who knows what influencers will be chasing next in terms of what gets them engagement. But the problem is you've got so many people in this space that tag the word advisor in their profile, right? And they have no project founding experience. They've never worked in business operations. They've never run multi-million dollar projects. They don't know 100 understand business model.
They may understand some of the nuances that they fly by the sea of their pants in terms of answering basic questions of what your mint price should be or should you mint on this day. But do you really need to pay an advisor for that? What I think the advisor ship in an accelerator program provides is that first layer of criticism.
it's that critical eye that you get behind the scenes saying, "What is your value proposition? Can you tell me what your project does in three bullet points? What is the value to the holder? What is your messaging? Are you providing real value? Is this sustainable?" Putting the team
under that pressure, but behind closed doors so they can help, you know, where it's beneficial, right? Where after you beat them up, then you reach out helping hand and you say, "Now let's work with you on fixing some of these things." Whereas if you go on a Twitter space right now, you just get this shippied out of you, but there's no one really to help you back up off the ground and say, "Hey,#
But this is workable. We can tweak this or we can tweak that. We can work better on the art. Let's make this successful together. And so I think you're going to start seeing as Web 2 companies start working. We're seeing this already. As Web 2 comes into this space more, they're wanting to, they want advisors that can write up a proper proposal.
of work. What are your deliverables? What are you offering the project in return other than just shitting on them or giving them some obvious tips that anybody could give them? I think it's more and more important in this space that if you do want to tag that advisor role on your name that you're providing
critical information that can help a project be successful, you're not just tearing them down or you're just not a yes man, which is quite often what happens, whatever I've got to tell these guys to get the paycheck, right? Sure, you want to mint on a Saturday in the middle of a bear market, go forever, just pay me. There's a lot of that going on as well.
Yeah, no, 100%. I couldn't agree more. I mean, we've been getting in calls and everything with basically all of the projects that have applied and a lot of them do have advisors already on their team.
It's interesting sometimes when you get on a call with these project founders and the founders themselves aren't talking at all. It's just this advisor who is getting paid by the project and doesn't actually really have any skin in the game. And when I get on those calls, I get a little bit wary.
I get a little bit unsolved because I'm not actually hearing what the project founder is saying. It's just this guy who sort of thinks that he knows everything that there is to know when I don't think anyone actually really knows everything that there is to know and everyone's learning especially
Yeah, absolutely. This is a brand new space. I mean, we're trading JPEGs that, you know, in an industry that has existed for less than a year and a half on a, on a cryptocurrency that's existed for less than two years. So I mean, you know,
And nothing is set in stone. This market is in an absolute infancy. 90% of the advisors in this space are just young Bernie made-offs that are dumping on everybody. So it's just Twitter influencers that expect their retweets
to be worth 10% of the amount. So yeah, I mean, they're super unhealthy aspects of this space and most of it derives from social media, which is not shocking to anybody. I don't think. Yeah, I know.
Yeah, that's also why, sorry, just one thing. It's also why it's important to have, you know, people like you, people like us that actually care about the space and about moving it forward, instead of, you know, just getting their bags and getting out at
And so I think it's really important and really good that we're trying to work towards building this into something that is sustainable and something that we can onboard people into have confidence and the fact that they can put their money in and it'll actually be worth something or it'll actually be a worthy investment.
So I think that we should focus on the people that are trying to move the space forward and trying to innovate and do better things instead of trying to get these people that basically want to just get their bags, giving them attention. So that's just kind of my two cents on that.
Yeah, just to touch on what Spum is saying before, you mentioned how like a lot of these projects, they don't like they're funded or founded by fairly young people with a lack of experience, especially when it comes to business. I think this is what really needs to be really driven into people in industries. These projects, they
They need to be run like a business if they're going to be sustainable. You can't just rely on royalties to continue to fund the project forever because if anyone's done any analysis on when it comes to royalties and volume, you normally get the bulk of your royalties within that first week of trading when everything's hyped up and the floor is being flipped.
but after a couple of weeks or even a couple of months, that volume just completely dries up. So if people are expecting to survive on royalties alone, they're kidding themselves and that's why a lot of these projects fail. The ones that do succeed are the ones that are run by people who actually have a little bit of business experience.
and understand how to run it as an operation that generates some sort of external revenue. Carlos is probably a really good example. He's obviously an entrepreneur. He's been in business a long time and he's looking to create value externally to bring into Jali rather than
yeah just trying to keep this little internal Ponzi that ultimately fails when the royalty is dry out there needs to be an external source of revenue if it's going to be run like a business like that and I don't think a lot of people in this space really get that it's really young I think it's maybe just two easy projects these days like
I mean, we saw just recently with a whole bunch of like casino, like those coin flip games are just popped up overnight, like literally there was 10, 20 of them on Magic Eater overnight. It's too easy to create a project these days, a little bit of marketing, Twitter account with some fake followers.
artwork, band, you've got a project and you can bank, bank, but it won't last. Yeah, yeah, I mean, the thing is we're still in a gambling market, right? People are gambling with their money and it's cheap to do so. Anybody with $100 in their wallet can mince something and hope for a 20x right.
or hope they can mint them, flip their way to them and be a millionaire somehow. And you have a good point. Like, you know, I tell people all the time, there's so many misconceptions in this space. Like, I get approached all the time by people because I derogged a project and they go, "Hey, man, can you help me derog this project?" And I'm like, "Why would you want to derog that project#
it's terrible. Let it die. The only reason that I was successful were a number of factors. Number one, I injected 450 Sol of my own money into the project right at the beginning to build out utility. Number two, when money was starting to run out, I got lucky and I got a silent investor to inject another 300 Sol.
Okay, and to carry us to our our second collection and then I have a marketing agency which serves as a VC to inject about $6,000 a month into payroll a month to carry us while we steadily build up a revenue stream through our different tools and services which are going to take another two to three months like any startup is going to take time and
To build up those revenue sources. So you know like you know, I it's just funny to me You know people still think like oh well, I'll just derog this project or I'll just start a project and I don't need any money and it's like bro Our project would be water if I wasn't pumping money into it because you know like you said Royal T's do not they're not it's not sustainable
Yeah, no, 100 send and so I mean one of the things that We offer and I sort of want to get on to the next point soon, but one of the things that we offer effect that's is the ability for for funding as well and so It doesn't come easy and then we're not gonna we're not gonna
a fund a project if we don't think that it can be successful in the log run. But with SSS, for example, we're helping them a little bit in terms of the art and we want to make the art as good as possible. And so we're putting up a little bit of our own money up front in order to make this art as successful as possible because it's an investment.
not a, we're not just throwing money away, we're investing in, indeed, and toasted to make this project as successful as we think that they can be. Before we move on to the next point, I want to ask the SS guys a couple of questions, but I see St.
just hopped up. It's good to get the same. Hey guys, thanks for having me here. I just wanted to add something on what both of you self and spoonic are touch on. I think sometimes we forget that it's very cool and it feeds very early and the way they started out was which leads
Hey guys, she has a nice picture, pay us some stuff. And then gradually became, you know, community added on top, utility and tools. You know, entities are like raising funds like DC, right? Like an early stage growth company, but you don't actually have a product. You don't necessarily even
have a property for marketing or a whole range of other things from building for debit. And so, you know, it's also very important that you establish this new meta, right? Because people, especially in the band market, they don't just want to necessarily pay for a JPEG. But you have to realize that it's essentially
So when you do have things like accelerators that can come in and help provide that business framework, as well as introduce you to the right people who help you run your community or marketing, help you get your word out, that's actually pushing the space forward and that's something that I like.
100% I appreciate your thoughts and appreciate your insights. It's obviously I think everyone here feels the same way. Moving on a little bit now I think the Seagrous Faces Society and Degentosa have a couple of questions for you and I'm sure there were also a couple of questions then we'll open it up to the
to the community, but I think one thing I know that we've been talking about and something I sort of like hear your thoughts about in terms of what is your guys' long-term goal for a first-decoratized society? What are you guys trying to create? What are you guys trying to sort of build as a project?
Yeah, I've been thinking about this and kind of trying to nail down what it is that we are trying to provide in the long term. And I think we came across that quite early on in this project.
Our main goal obviously, number one, is to build out a proper sportsbook, something that's sustainable, something that's bringing us that revenue we talk about, right? That external revenues, so that when the royalties dry up, we can continue to keep functioning.
First of all, our biggest priority is building out a product that we believe is viable and can be successful in this space because we are so early. So if we can get in early, we can take advantage
of being the main players in the space and the other long-term vision and something that we've always been super focused on is our community. So we want to make sure we're rewarding our holders and with this sportsbook and with that revenue
knew that's coming in, we'll be able to do that and really be able to provide that, you know, those rewards that we initially had promised or initially had planned to give our holders. And maybe Tosit has let them in and say that as well.
Yeah, so we don't want to give up too much about what we're going to give to our current holders, but we got some stuff in the works and it's going to be nice. Don't worry.
Like, we got your backs, boys.
That sort of brings me to my next point. In terms of your initial collections collection of 11111 and then the Namos knots and the 333 club cards, we've been talking with you a lot about
How can we reward these existing holdings of your collection because your community now is already strong. People really enjoy what you're doing and they really talk with the sports book and the sports betting calls and everything you've done in terms of that.
I know we haven't really finalized everything yet and then we don't need to drop exactly what we're going to be doing. But in terms of the existing holders, how are you planning on really supporting them for being early adopters to your idea?
Yeah, so we're gonna do some type of revenue share with our club card holders. And then for the nod holders, they're gonna get added benefits on the sports books. So I don't want to say exactly what they're gonna be because we haven't finalized those details.
But they're going to be nice. They're going to include like a rateback, something like that. Maybe weekly free bets, stuff like that. You know, just give people reasons to come onto our platform and be excited to use it.
And then, Dej and then, I know we were talking about in terms of the new collection and stuff. And so obviously on this as well, we're still finding a couple of things, but the holders are going to be able to basically, they're going to be able to get this new collection and stuff.
sort of in some sort of an art upgrade. I don't know if you want to expand in that a little, it doesn't need to be to end up. Yeah, yeah. So, you know, as we're moving to, you know, this new vision of SSS, you could call it, we want to make sure that the hold is a part
us early on, they're covered. There are number one priority. We're thinking of doing something like our own from your old knot to your new knot in terms of
the meant you'll be able to have some advantages towards that as well. So details will be posted in our discord as we finalize things. We're very transparent with our communities. So I know they're looking forward to this as well. I've been in the OG Dow chat, dropping some
and then dropping some leaks. So I know there's a few boys very, very excited. Beauty, man. Yeah, I know it's going to be a super excited for it. You guys who are up here now, do you have any questions for SSF?
So now you said the main thing you guys were focused on was baseball. How far are you going to branch out in the sports scene? Are you guys planning on creating subsets for like eSports?
Yeah, yeah, so kind of the way it works is as You know these big sports book companies these providers they basically sell something called an API and so you can integrate that API Into your website and that basically gives you you know all the odds
and all the different sports categories. And so our job is basically to streamline that and put it in a nice UI so that people that are early to sports betting or people that haven't sports bet before, we can kind of integrate them easily.
into the sports books. So you'll be able to bet on every sport that you're able to bet on on any other betting website. That's exciting. I know.
Sorry, glad to talk to you.
Yeah, man, I love it. I used to be a little bit of a D-Gen myself, so I might be re-entering the sports book to Generacy Lane. Yeah, dude on the SSS Sportsbook, let's go.
Yeah, I mean you'll even correct me if I'm wrong guys be able to do it with sight as well. There are a billion token. I mean the shanties want to most likely so. Of course. Spoon, I know you had a question about the sort of the legality of
I'm sure people are probably thinking about it as well. Do you want to bring that up? Yeah, I was just curious because I've worked with a couple gambling projects and it's always an interesting conversation about where they're set up in terms of, is it in Panama or the U.S.
or different country and are they going to be treated like a securities, you know, those sorts of things. So I was just curious, what's your guys' game plan is around the legal aspect of it? Are you implementing some workarounds or are you going to be actually registering as a security or is that going to work?
Yeah, for sure and you know, that's a great question and probably the first question we thought of when we you know thought that we wanted to build out this sports book and so there's a there's a couple different things we can do and the you know I've talked to a
few resources that I have and including Carlos who actually just got his license in Carousel. But there's many different ways to do it. So what we're thinking is following something similar to Carlos'
What Carlos did and that's basically getting a gambling license in Carousel and basically opening up there so that we can operate everything legally. And there's a couple options that come into that as well. So there's a master gambling license which
which is, you know, you pay that $34,000 to get the license and then you pay a monthly fee for a number of years to continue that license. And then there's also a sub-licensing component. So if somebody owns a master license, you can sub-license on an open
in your own security. So that's kind of our plan with that. We're speaking to a couple, not everything is set in stone. We're still speaking to a couple of resources and we're going to get everything locked in and finalized as soon as we can.
Also to avoid conflict with security laws for red share, you can do like a, you can like employ your holders in a way. So if you can get them to like engage in a tweet.
Do some tasks for you in a way that kind of gets around it and you can technically employ them through that and then pay them for rating that tweet per se.
For the revshare aspect, how big is the supply going to be? Because I think where a lot of the few gambling projects that have been successful, they have a very low supply which is a good thing to dish out relatively high revshare
like, you know, I think I'm pulling in like five to seven soul a day off of like three poker faces, right? Like there's a there's a big difference between that and say people trying to do rev share with like a 10k collection and everybody gets like 0.01 soul, right? Yep, yep, for sure.
And that's why we're going to give our club card holders, our initial collection, which is a supply of 333. They'll be the only ones that are entitled to the revshare. So we're going to figure out a way to upgrade that as well.
potentially it can't lead too much but yeah those that supply of 333 will be entitled to the ref share so yeah I totally agree with you we're keeping it small as well because we want to make sure that the payouts that are going out you know our large bags
So yeah, if you guys the rows up here, if you guys don't have any more questions, I think we can sort of start opening it up to the community now and I know a couple people within our community.
have some questions for you guys. Also, circling back to the beginning, if you come up and ask a question, you're all available for this OG as a list. So anyone who has a Quest stream come up, requests to speak, and we'll get you up here right now.
Yeah, and I just want to say a quick thank you to all the Royal Council and and fat cats, especially for you know, being on the space and asking all those great questions. I'm super excited to work with you guys and honestly it's a
We thank you guys for choosing to accelerate SSS. Of course, man. No, we're super excited to get going. It's going to be a fun journey. We're going to be
We're going to be working with you guys every day to make this into something as successful as possible. And we're super excited to get a going. Anyone in the space here have any questions for SSS? I see a tip up here. Let's go to them up.
Oh man, my bad, my bad, my bad, thank you for having me. Thank you for allowing me to speak currently part of the SS group. I love to have you. But my question is for FACATs in your accelerator program. I guess you
you all said that what you mentioned was things that you being worthy. Right? So in a sense, how would you even, within I just be something that is completely strictly opinionated or is it something that you all go through? I guess you say you look at different
projects you realize I hate you know and you all make the political I guess you could say I've completely both what's going to be worthy and what's something not going to be worthy. How is it that you all in your accelerator program really to pick what's worthy and what's not worthy or decide what's worthy and what's not worthy.
Yeah, so in terms of the voting process and how the accelerator works is, the initial process is for the project themselves to sort of apply. And so we have an application form and then they'll fill out the questions in the form and then we'll take a look at the responses.
After that, if we think their responses are sound and that they took a little bit of time to fill them out, we think the project sounds cool. We'll basically reach out to them all at the most current discord, hit them up, be like, "Hey, that's going to be more questions." And then hop in a call with them. And so the initial process is this for
call where we're basically ask them the questions that I think are the most important and the the biggest one that we sort of ask projects and ask people is why would someone want to buy your NFT and then also what your long-term plan is to provide value to your holders and so when we ask that to SSS
they had a very strong answer. And we knew right away, and I think you can sort of tell after a call with someone and really speaking to them face-to-face, just on Discord, you can sort of tell exactly what kind of a person they are and how they're really going to be able to support their project if they're
if they're actually invested on it. After that, if the project passes through the first initial calls and conversations, we'll present them to the Royal Council. And so then these members up here, as well as a couple more, we'll take a look at the project and sort of offer their insights on what they think and
And if they think it can be something successful, they'll ask some of the hard questions themselves and then we'll bring those back to the project and then they'll have to answer those as well. But then if it passes through there, the final stage is a community vote. And so we put SSS to a community vote and it was like 95% positive for
for us to accelerate them. And so that's a very good indicator on our end to see if our community really affects the project as well. And so with as assessed they did and now they finally got to this point in the accelerator process I guess.
important to reiterate to you guys that's you know and I deal with this with my marketing agency the same thing I think fat cats is dealing with it is you know they get like 50 applications and after a month or six weeks of vetting they come out with one project so so that means you know 49 projects
failed to pass the test. That's about right. That's about the same ratio that we deal with with our marketing agency and we're not even investing money. It's even more critical for fat cats to be pretty disciplined about their process, especially when you're investing money.
Perfect minutes complete answers to my question time is money is money is time is what it all goes down to so you're gonna spend the time to invest into project
So yeah, thank you so much.
bring projects to the council that they really like and you know and sometimes we shit all over we feel bad you know we'll take a different point of view and say no this is not going to work you know so it's a pretty critical environment you know that they have to go through it's a lot of filtering
Thank you again so much for your time. This is the end. Thank you.
Yeah, beauty. Thanks for, thanks for having me. I appreciate the question. If anyone else in here has had any other questions, feel free to come up. If you like what you're hearing, go hop on the answers as Discord, so show them some love.
But yeah, I think while we're waiting for some people to hop up here, I think something that was really important for us and something that Spoon has even touched on there is we have gotten all these applications now.
Initially when we were just getting started, the main thing that our community members were asking for is, "When is this project going to come out? When is this project going to come out?" We had to tell them that this sort of quality, it takes time and to find a project of this type
quality, it takes even more. And so people in our community have been super patient with us and have really, really believed in us to put out projects that are of high quality and we're excited to finally be able to show them sort of what we can do and by bringing on us a
and then by bringing them into a environment like ours, and especially Lake Spoon talked about with the ruthlessness of the world council. It's helped us a lot to really ensure that these projects are going to be I-quality, and so everyone listening to Space can know that projects
can be when they're coming through us they can know that they're going to be successful and they know that they're going to be able to put everything that they have behind it and then also we're going to be putting everything that we have behind
We have a member in our discord here who wants to ask a question. He says his mic is a mic is fucked. I see him in here. Thief showed up to you. One of our whales actually. He wants to know if you guys are going to have good UI for your
sportsbook. 100%. That's that's toasted's main thing this entire time is I want to make sure that the UI of the sportsbook is as easy as possible so that we can onboard as many people onto sports betting as possible so don't worry about that we got your boys back
and we'll have a very, very simple UI. We'll do the step-by-step thing that you see in all those tutorial apps you go where it takes you through a bet one by one. There'll be a page that'll explain what money line means, what parlay means, what round robin means, what two by two,
buy for all that stuff. So you know, we'll make sure you guys are covered no matter what. I think that's uh, he says, uh, he says, fuck yeah, I just grabbed the Cobb card. LFG. There you go. Um, let's go.
So, so sort of anyone else if they if they have a question here otherwise I think we can it's been almost an hour now and I think we can get close to close to wrapping it up but something that I sort of want to talk about a little bit more before we before he finishes in these next in these next
coming months here, you're going to start seeing a lot of SSS and so we're going to be marking you guys, we're going to be helping you guys as much as possible and then you guys are also obviously going to be pumping yourselves and you know how you've dropped two questions so far and then you're in my opinion great on
the space and everything. But we're just super excited to really get your image out there and once this first image of the sneak peeks comes out, I think people are going to really start taking a look at you guys and then we're super excited to be able to
to get there. As sort of a wrap up, maybe SSS you want to do sort of like a send off talk about what your what our plans are for the next couple weeks here and then moving on anything else anything else you want to say.
Yeah, for sure. Yeah, first of all, I just want to say thanks. Thank you to everyone that came out to the space. Our Royal Council appreciate all of you guys so much. It was a pleasure talking to all of you and I'm excited to continue to talk to all of you. And in terms of what we got coming on in the next couple of weeks, expect the
our sneak peek to be dropped will be finalizing and confirming our sports bet dev and we'll be doing collabs and and giving out some weightless spots in our discord. I'm
I'm excited to really get you guys out there and get it going. Any of the worlds up here, genomics, if you have anything else to say, would love to hear it. Just that I saw the art and it motherfucking slapped bitches, so get ready. It's gonna bug and blow your faces off.
I'm gonna be sick bro. Oh yeah. Appreciate you guys. Yeah, so um the art studio we haven't announced anything yet, but it's uh the name is Alicia Martz and we have not
not only secret space society but a very, very bullish collection that we'll be launching as well besides secret space society. So I'm excited for both these projects to come out and I'm excited to get Alicia M. N. to the public eye so you can see what our artists are about.
I'm excited for it and I'm excited to show everyone in here the art that's been coming out because yeah in my opinion and it sounds like a lot of people hear his opinion it does fucking slap and it's gonna be value add to what we're gonna be doing.
doing here. I think now we can sort of wrap it up. I appreciate everyone for coming. If you guys fuck with Secret Space Society, go hop in the discord, let them know. Maybe they'll be nice
and give you that initial wait list spot. But yeah, see you today. See you have anything else to say. We appreciate you guys coming up here and we're excited to do some more of these. Hell yeah, thanks so much and we'll see you in our discord. Thanks everyone for coming out. Beauty. And yeah, thanks for having us.
100% man and thank you to all the royals up in here as well. We appreciate you guys looking forward to working with you guys to get this thing going.
Have a great night, man. Have a great guy. Thank you.