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FOREST Protocol: The Pre-TGE Deep Dive
Recorded: Aug. 31, 2025 Duration: 1:07:38Space Recording
Full Transcription
Thank you. Thank you. Thank you. you
jim jim uh let's wait a minute or two for people to show up and let's start Thank you. you okay okay let's let's start so this is our second day may today
let's let's start so this is our second day may today guys please do post your
questions I'll be sure to answer them we will be picking up 10 10 questions 10
participants and we'll send them use the price so we're gonna. So we're gonna, uh, yeah, so we're sharing the 300, uh, 300 news DT pool.
And, uh, and we will also include some surprise prizes.
So be sure to share the space, uh, drop the questions and let's get to it.
questions and let's get to it
so nice we see so much of the zevers crowd joining in i think this time works a bit better uh for
those who cannot stay until the end we will have another space later this evening but yeah super cool to see familiar faces
guys if any of you want to come on the stage hop on a quick discussion more than welcome
just raise your hand request and I'll pull you on the stage meanwhile I'm looking into the questions and let's get from here.
Cool. So how can token holders influence the direction of protocol grants projects of the features via governance mechanisms like seed voting?
So there are essentially one main way, for those who don't know, the seeds are like points in the forest protocol.
You can use the points to claim your airdrops and vote for the projects you want to see getting supported by the protocol.
And that support will come in a form where we will allocate certain amount of fees to go and do the direct buybacks. So your vote will actually have direct effect
on the market value of the projects you want to support.
Also, we are dropping announcement
really, really soon, in a few minutes so be sure to pay attention to our x account as
well yeah but I'll leave that to it and I'll just check quick questions rolling in one second
you Okay.
Okay.
Okay.
Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay.
Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay. Okay, so the next question.
Mr. Block will be the first partner of Forest Protocol?
So the answer is yes. Yes, and along with him we are essentially bringing in all of the partners and supporters
which originally have been on the Zivers as well. So for people who may be confused about
connection between Forest Protocol and Zivers, it's the same team, it's the same team it's the same uh same studio behind it we've been in space for over 10 years
so we are pretty seasoned veterans when it comes to building projects and naturally we came uh to
forest protocol through building and working on the ziverse infra for three years. And we realized that so many projects need the same things,
which we have invested so much time and so much capital into.
So it's kind of like a no-brainer to not use this technology
into a wider protocol that allows anyone to benefit from it.
And on the other end, so it's kind of like a pretty symbiosis relationship
where because we have a dedicated team working on the forest protocol
that can actually invest way more time and capital into building the infra.
This is where the Ziverse really benefits from that
because Ziverse then, on the other hand, can focus more on building game-related things.
While on Ziverse, we can always run a variety of different A-B tests.
And in many cases, we will be running and testing new functionality
before it even hit the forest protocol so zevers in this way will be benefiting and receiving a lot
of the forest protocol features early on while forest protocol obviously gives
gives a huge benefit and value back to the Ziverse
through advancing and perfecting the tech
that Ziverse is actually running on.
I can probably go in a bit later
into how Forest Protocol will be a crucial infrapiece
for the Ziverse lands.
But today I would love to really focus more on
really focus more on the forest protocol and we have like upcoming TG tomorrow so this is where
most of our focus should be today. I see the question what does success looks like for forest
in next six to 12 months key milestones or metrics to
gouge growth so that's that's actually a really good question uh so for us uh so for us the
success looks as we becoming a powerhouse of publishing our goal and vision is essentially to to give a platform for best themes and best ideas to be bootstrapped and give
them a chance to become something bigger than just a small app and a token.
So this is kind of at the core of it. In terms of success, we are planning to drop
at least 10 original IPs. So besides Veevers, we are working with the partner studios as well.
And we are bringing in some of the best teams who will incubate them.
And we'll help them to launch their projects on Forest Protocol.
While our permissionless launchpad is there to give freedom to anyone who has a creative idea,
anyone who has something that's pretty much worth a try.
And in terms of success and KPIs,
we envision that in 6 to 12 months,
Forest Protocol will have at least 10 000 uh games and tokens launched um who have
who basically have passed this graduation uh milestone so because anyone can launch the game
obviously uh launch the game and app uh with the token there needs to be a filtering mechanism and we will be essentially
uh splitting projects into parts where uh there are the new tokens listed uh which just have
started trading we don't really have a bonding curve mechanism because because you will launch directly on AMM.
And that means we will be using Project Market Cap to essentially graduate them into the next category.
The projects who have been graduated there will be able to benefit from community votes.
from community votes, and therefore they will be able to get the boost from ecosystem grants.
And at the same time they will be able to potentially bribe the holders who vote with the seeds for the project.
So it's basically a way to build a relationship between uh uh token creators and uh and community so
yeah i hope i hope this gives a bit of light um let me check what other questions do we have okay so how does forest deflationary pressure works uh how significant is the new token burns
as the more projects launch so in general the token burns are really important narrative wise because it's a
clear path to scarcity so when we see projects burning tokens doing buybacks it's essentially
a commitment to lock all the value into the ecosystem.
It can be these local ecosystems where every token has their own mini-app and the token,
while the same principles then are applied to wider ecosystem, the whole protocol, where every buyback is then burned
in order to lock all the value within the protocol.
And this essentially ensures
that there is strong narrative with the constant burns,
while at the same time, people can really follow
and see all these things happening in real time.
And I think it's really important to have this real-time feedback
so community and holders will be able to see which projects are performing the best.
So for instance, if you see there are projects who have allocated a significant amount of their revenue to the buybacks,
there is a higher likelihood that the community will want to support those projects way more
than projects who have not figured out the design and have not enabled the buybacks and token burns.
How do you measure sustainability compared to the typical meme launches?
The thing about the meme launches is that in 99.9% of cases, it's mostly attention gain.
And the thing in this space is that attention is getting more and more harder to gain.
But at the same time, that means the same attention is becoming way more valuable.
And with every day, it becomes harder and harder to retain that attention.
And this is one of the main problems we are solving with Forest Protocol.
Because this is where gamify, gaming and apps in general, Excel,
they're really, really good at retaining people.
Because people, a human brain, it's habit-driven.
And if there is something to do when you're part of community,
there is some action, there is some ritual.
Let's say it may be something as simple as checking in every day it creates a habit and
habit creates retention which i think is really really important for uh uh really really important
for uh for retaining and growing the community because if you have like a bunch of people joining the
project and then at the same time you have many people leaving the project because there is just
nothing for them to do or to be attached that sometimes creates a problem where uh where where
where you cannot get momentum in order to succeed even if the project is good.
And it kind of reminds me of one really good example, which was Popcat campaign.
That's a really famous meme coin.
And when they were launching their airdrop,
they had this simple mini game where in order to be eligible,
you had to click once every hour.
And if you skipped the hour, basically if you skipped
and if you missed clicking on it, then you suddenly lost your allocation.
So what happened?
The campaign went super viral despite the functionality of app being that simple.
And it just shows the power of engagement, which I think is really strong proof that app layer on top of the coins can really help and play the role of
retaining and distributing uh distributing essentially the brand and the coin itself
so this is one really really simple uh example of what will be possible with the forest protocol and and at the same time if we
look into apps and games we also see that they really excel at generating revenue which is part
of current revenue meta because people start to realize okay the the protocols the apps
the projects are making so much money how do we as a holders benefit from that
and and there is no better way than project implementing and keeping the flywheel of buybacks
and burns because that means if the app layer succeeds in generating a lot of revenue,
the holders of the token could see a clear path how they can benefit from that as well.
Oh, we see Mr. Block has joined.
Let me bring him on the stage.
bring him on the stage
by the way you can also ask questions in chat for for mr block
and he can help with the mandarin yo gm jam Okay, I think he's muted.
Let me know when you're ready.
Meanwhile, I'll look into some more questions. okay how will you make sure the token launch is smooth and not affected by early dumping
if this is referred to the protocol uh okay i think he's on the stage. Jim, Jim. Hey, guys.
So, we have a list of questions.
You can say hi.
I'll see if there's anything I can ask for you from the community.
If, guys, if you're posting in Mandarin, I probably won't be able to read but uh uh i'll do my best all right awesome hey guys uh this is chris uh you know aka mr block
two questions um you know i've been uh an early crypto adopter since 2012 uh and then started mr block youtube channel in 2017
which we've got around 100k sub i've done over 3 000 videos in you know crypto and essentially
bridging the west to the east east to the west and you know um levers is uh one of our very early
portfolio and a very proud portfolio as well.
There's, you know, many really good projects in our portfolio,
such as Athena, you know, OneInch, Curve, Ether5, Puffer, Tidal.
So we're a very active investor and advisor in multiple projects.
We really, you know, just choose some of the best.
And, you know, we're seeing a lot of, you know, good stuff that what Zverse and Ecker has brought over the years.
And, you know, with the launch of Forest Protocol, it's really, really interesting.
And I think, you know, we're also early investor in a lot of game project, right?
We're investor in Step-In, you know, we're early adopter in projects like Axie Infinity, YGG.
We're also an investor in Mirror Circle
that later became Beam.
So we're quite active in kind of the gaming,
GameFi industry, project like Mavia, Apron.
But I would say some of the biggest, you know, advocate in crypto, especially in Bitcoin, came from the early days of gaming.
You know, I learned about Bitcoin, you know, through a game as well, through WoW.
And, you know, I know, you know, prominent guys like Vitalik that, you know, also mentioned that one of the main reasons he created Ethereum was because of, wow,
for those of you that don't know, it's more of Warcraft.
And so game has always been that thing in crypto.
And for some reason, there hasn't been a really good one.
And very often it is due to crypto founder
trying to create a game.
And then or a game founder trying to take an OIP and launch a token.
Right. But both as kind of missing the knowledge of both ends. Right. You need a founder to understand the gaming industry at the same time being an OG player within the crypto industry.
You know, we're, like I said,
we back a lot of these game, right?
We also back OG game, right?
You know, like stuff like MapleStory,
a lot of these things that are huge IP,
but are kind of like an old relic IP.
And I try to just launch a token, right?
Which, you know, I think they're also doing really well.
But we kind of have to have that sort of a character
that has the knowledge of both ends.
And I think that's really what Forrest and Ziverse brought on the table,
having the knowledge of crypto,
and especially the latest knowledge about crypto,
and try to integrate that into gaming not only that this cycle we've
seen kind of the reboot of launchpad in a form of meme coin such as pump fun such as virtual you
know one could even argue kaito as a type of launchpad as well for social and that is very different from the early days of stuff like Okastarter or Dell Maker.
This is in a form where small games could be launched easily in a form of meme coin.
We've seen that on PumpFun as well. We've seen on virtual where you launch a token plus an AI on top of it. So maybe in a way where, you know,
gaming projects, small indie game projects, they're not supposed to be, you know, a hundred
million dollar valuation or billion. Maybe they're supposed to be in the mid, you know, a million,
two million FTV, right? So if we put that in a perspective and then climbs back by 100,
then you could essentially have multiple hundreds of games
decide to launch via Forest Protocol,
not having to worry to maintain some crazy valuation.
And that's an important word for you guys as well.
And so understand that a small indie game that launched
and decided to have a token,
the founder shouldn't be worried about.
They won. But maybe one of us, just like the guy that bought Bunk or Whiff in the early
days decided to essentially buy out most of the token and represent the project, that could be the way too, right?
And then at the same time,
you could have a mid or high IP project
that decided to launch a forest as well
that has even a higher cap and higher valuation.
So the idea is to have forest protocol
to really empower a lot of these game developer.
And especially with Zverse and beat room having their kind of roots
in game building this enables them to really cultivate that culture of game token and enable
you know millions of users
or a token, right?
It's sort of a different airdrop by different game developer.
And, you know, you and I, we could launch a game too.
You know, with all these tools,
making it incredibly easy to launch mini game
that could potentially become a meme and become quite viral,
that's a way to launch it as well.
And you shouldn't have to worry about having to
pick which project, right? So the idea is that all these game developers that are launching token,
they might want to reach out to come to the crypto community. And they understand that
all they really have to do is launch a token on a platform that is catered to that. Obviously,
there's going to be a bunch of different people in there, different folks there i've seen you know different faces in here and then that's going
to help these projects have a very diverse community as well that's really the idea here
right you know um that's kind of how people differentiate between pump fund and virtual right
virtual as a platform uh a token launch platform for ai uh pump fund is you know a token launch platform for AI. PumpFun is, you know, a token launch platform for MemeCoin.
Kaido is for project to, you know,
launch essentially social campaign, right?
So Forrest is the platform for game developer
to launch the token,
but in a very seamless and easy way.
Obviously, there's going to be big IP
that where the team is going to really spend
a lot of time to design everything. There's going to be small IP, tiny IP that are really simple game.
I don't know if you guys really play many of these small indie game on Steam. Some of them are super
fun, super viral, but only takes days to create. Who say that they cannot have some sort of
valuation? Who say that a tweet on X cannot have its own valuation?
That's the same thing about, you know, people saying Pokemon cards shouldn't have valuation.
All of these things has its own value and social effect on top of it, especially how big gaming industry is, right?
And many of them are not going to go for the IPO route.
Many of them are not going for an acquisition route.
There's so many of these indie game developer
that are unable to,
you know, they build
some of the most viral game,
but are unable to monetize it.
And then when, you know,
they think about
launching token themselves,
they are scared.
You know, we as an advisor
and investor in so many projects,
it costs a lot of money,
a lot of connection.
But once you go into
those hardcore launch mode,
you need a lot of,
you know, resources.
And that's not everyone can afford it.
And also, I don't think they should have those pressure, right?
Why make it such a liability to launch token?
I often think it's a weird thing when everyone is launching a meme point.
For some reason, they have to feel so liable when they launch a token as if, as if, you know, they have to maintain a crazy high valuation. I think that's ridiculous,
right? A lot of mean coin are not supposed to be in those values. Obviously, there are people that
want to buy up and really pump it up. And there are people that just look at it and say, oh,
I think this game is worth a million or two million. Maybe some people see more value in it.
And yeah, that's really kind of
the idea around forest protocol and i think it's crazy how you know they kind of have that on top
of ziverse and make ziverse one of the very first game that's going to launch on their own protocol
at the same time they're benefiting sort of the entire community right not only you're getting
you know the original v tokens but you're also, you know, the original V token, but you're also
getting the ZeeBerZ token. And on top of that, you have this forest protocol token, right? And if you
decided to keep it and lock it, then you'll be, you know, go on a pretty fun ride where, you know,
different IP launching token, and more importantly, it could be you and me. I think that's the fun part of making it something kind of original.
If you really think about it, kind of look back at Bitcoin, right?
There's so much reference of token and mainly it's from game, right?
Every game has a token, right?
The Bitcoin logo was originally from a game.
Yeah.
So that's kind of like my way of looking at it.
And that's why I'm excited about it.
Very, very cool.
Just a small thing.
Pay attention to our socials.
There is an announcement coming shortly.
But while we are here,
you had a really good point about the small games.
And I think there are so many indie developers, and with AI emerging, it becomes easier and easier to create games.
I think this could be a really, really strong path forward.
Before you joined, I was mentioning a sample about PopCat, where you have this clicking thing,
and it turned out to be one of the viral tools for meme to grow and for retaining the community. And seeing how meme coin space has saturated in the last few months,
and seeing launchfads coming up left and right. Do you think like this could be also a
path for gamified or app layer memes that could help them stand out and
retain community?
Oh yeah, totally. I think, you know, and it's a good example of PopCat, right? Because PopCat was, it's kind of, you know, its own web game as well, right? It from, right? So, you know, and that make it very, in a sense, a viral feel of that where, where you can compete, and, you know, allows kind of people to, you know, get into that zone, right?
And I think if we think about it, you know, you had a really good question about how, you know, the main coin idea and how they kind of turn these small IPs into, you know, it's all main coin.
And I think there are multiple of these things that could happen, right?
For example, there's a really fun Steam game.
I don't know if you guys know, it's called Banana.
And you basically get different type of banana.
And it's like a diamond banana.
There's different type of banana.
Steam actually had to take it down because it was so viral.
There are people paying like $999 for it, right?
And the developer didn't tell them anything.
But then somehow it got viral.
And who to blame? Like, it's kind of like, you know, I bought some of the most expensive NFT, right? The developer didn't tell them anything, but then somehow it got viral.
And who to blame?
It's kind of like, you know, I bought some of the most expensive NFT, right?
And do I blame anyone that's upsell me that NFT?
No, it's at that moment, I feel like buying an EtherRock or buying 10Ape is a great feeling, right? And I think that's how you kind of sort of value the social effect, right?
And I think that's how you kind of sort of value
these social effects, right?
And, you know, people do crazy things
for these kind of cloud effect and social effect.
And that's the same thing in game industry, I feel like,
where, you know, CS skin, right?
You can't eat that thing.
It doesn't exist anywhere else other than CSGO.
But some of the most expensive stuff
that's traded online
is a CSGO skin.
And most people don't understand it.
You know, I'm a big Pokemon card collector, right?
And I don't really understand baseball card,
but I understand Pokemon card.
And most people outside of those both worlds
don't understand the value of that.
I'm not sure, you know,
there's one, you know,
Kobe and Jordan card
that was sold for $12 million.
10 years ago, that's only worth 10 million, right?
Obviously, legendary player.
And that's the social value of it, you know, because there I said, you know, a metric around it then we can understand
what's the webs value the web relic right because I think it's very hard for
people to imagine it because they think you know you can just copy paste it you
can just screenshot it but we really think about it like top ten company in
the world eight of them came from dot-com right and and we're
talking about multi-trillion dollar worth of company and that is the internet what is the
internet picasso right what is the internet you know demoni conti right what are what are some
of these relic that's in there? And I think game is a huge part
of it, right? You know, one could argue game and porn is how internet got started. So I just think
that there's all these, you know, really good IP, there's all these really good game, but because
there's that boundary and past history of poor game
launching, that makes it very hard for these folks to launch something easy.
And like I mentioned, you know, we've been some of the top advisor in Asia, kind of,
you know, get intro by some of the best developer in the world, base gaming, best gaming development,
you know, thanks to Edgar, made tons of intro.
But one of the common fear they have is just because how retarded retail crypto people are, right?
Because we're always like, oh, you got to maintain this price.
Oh, you got to do this and that.
You got to make the token have utility.
But if you think about it, this entire cycle of 2024 has been around MIM coin.
Back in the days, when people look at doge they're like oh
that's a scheme they got no utility and then when you have a utility it's a security right people
are always contradicting themselves but then time and time again you know the market has proven
that you don't need utility that is pure social value finding some sort of equilibrium and have that value on top of it you know you cannot
blame anyone to say oh they see that far coin should be worth a billion dollars which it is
today right it's a it's a coin that fart that it doesn't even fart but it's called far coin right
and then and then you know people like like at a thing as a as a as a thin air and then now it's
it's on every channel you channel, pretty much every financial channel
talk about Farcoin, right?
So I think game project,
game have a very similar effect
like a meme coin,
but at the same time,
it has that internet relic.
It has that history.
And I think we could empower men,
millions, probably even billions of game developers
feel very comfortable, feel very easy to launch something here.
And then really to show that crypto people and are just about, obviously still, you know,
we kind of really like to ourselves, everyone's want to make money, right?
But at the same time, make it like pump fund where you can launch very easily, right?
And then make this a platform.
And, you know, I really have to, you know, say this to, you know, Edgar and his team,
they will really have to prove that they can make something like this and try to improve
it upon improve it.
And yeah, I'm here to kind of monitor them and make sure that they can deliver.
And yeah, again, very excited about what they're building
and hopefully we see something crazy.
Yeah, you put it really well.
And I mean, like the gaming culture has been around
for so long and like for these who doesn't know,
we come from really, really strong mobile gaming background.
We've been around for 12 years now.
So we were basically there when App Store was this new big thing.
And for these people who don't know, really, really early in the day,
we were publishing super simple small games.
I think we ended up publishing around 1,000 small games in a year.
So we kind of had this concept already proven out 10 years ago
but i think there is a lot of value in these small titles and one really good example is voodoo games
so voodoo games essentially is this publisher which focuses on publishing hyper-casual games.
Games which essentially take you one minute to learn, sometimes forever to master, but it's a cool way to spend five minutes.
And the thing about these kind of applications, some of them go so viral.
Like, if you remember, there was a game Flappy Bird.
It basically broke the internet.
And the game itself is so easy to create.
It just needs a platform to fly.
And with all the tools coming in and the tools
that we are building, we're essentially enabling people
without coding skills.
Because back in the day, if you wanted
to build Flappy Bird,
you actually had to know how to code
or at least how to use some builder slash editors,
which wasn't that easy.
So I think giving and lowering the barrier
for creators to enter and start making
their own small games or small apps will definitely
be a gate opened for... it's actually pun intended because we just announced listing on the gate,
so be sure to check our Twitter. But what I wanted to add, so one of the key metas we are hearing lately is the revenue
meta and buyback.
I mean, we've seen so many projects extract so much from the space and people start to
feel that they're being robbed in a way where they're holding coin, but they're not reaping
the benefits
uh what are your thoughts on on on revenue meta and and the buybacks and burns because this is one of the main core elements of the forest protocol
no i mean i i think it's great right and then you know, I think you put it a really good way and a really good point on these. And, you know, coming from kind of my experience at Curve, right? And Curve obviously pioneered sort of the VE model, the voting escrow, where you can lock token. And then they also pioneered really that revenue sharing model.
Obviously, these days, you know, the trend is the buyback we've seen on Hyperliquid
that really, really helped project.
But, you know, for this question, I like to kind of be sort of the, you know, on both sides, right?
I think there are great ways to implement buyback.
There are great ways to implement revenue shares.
And I really think that, you know, obviously you guys have a really good design.
But at the same time, this will take time to prove and take time to test it out.
And I always advise our portfolio is like never really just stick in, you know,
one design, always be open-minded to try out new things. You know, try to say to yourself, okay,
you know, this might be a wrong design, but it's not entirely wrong. Maybe it needs some,
you know, fix here and there, right? So the way I look at it is that the current market kind of enjoy different ways of the token design.
But the important part is really have one thing that's needed.
And I think it's staking for the governance token, right?
Because you can hold the token, but when you hold it, you really have only two options. And that is either you sell or you hold, right? Because you can hold the token, but when you hold it, you really have only two
options, and that is either you sell or you hold, right? And then you don't really know who's
holding because the exchange could be holding, right? So I think it's important to launch the
staking and locking mechanism because then, you know, you kind of get to choose that you want to
be a long-term supporter of the project, right? Either you want to lock it for a few months or you want to lock it for a long time, right?
And then obviously then the protocol will know who to award because they can easily
tell like, okay, this guy is locking for 12 months.
This also enables for his protocol to decide to give what type of reward to what type of people, right?
So for example, let's say a guy decided to buy, you know, a million of the token, right?
We all know how much a token is going to work, but let's say he decided to buy a million,
decided to lock up for 12 months, right?
That means he has a significant weight in the protocol, right?
And unlike a DeFi protocol, a gaming protocol has a bunch of fun stuff, right?
You have a bunch of merch,
has a bunch of, you know, events.
And at the same time, you have a bunch of NFTs.
So then, you know, we could see
some sort of gaming guild
built on top of this as well,
where, you know, instead of having to, like,
deal with a bunch of stuff,
they could simply, you know,
buy and lock the token
and be one of the first to try out some new games, be one of the very first to, you know,
get some of the NFT that can then help them benefit on how they play the game, right? So
obviously not a financial advice, you know, people can do what they want to do. So, you know, it's
not about, you know, the buyback or the revenue share or simply staking
locking but it's more important to have some sort of focal point that each of the token holder can
decide and choose right that's why i think you know for us does something really well here is
that they have multiple options for different type of user different type of holder to decide what
they want to do and uh you know i've been telling them to do the same thing right because uh there's a bunch of events happening in
asia there's the korean blockchain week there's the token 24 night there is no type of blockchain
way that's happening next week and you know we're also hosting the event for them and i you know
like i said i'm monitoring them i want to make sure that they at least do, you know, one or two events per quarter around the world.
But mainly, you know, to make sure that there's some sort of interaction with token holder, right?
Some ways to kind of value them.
And I've seen that's the big differences between, you know, a really good token project, right?
So if we look at Hyperliquid, right, they enable so many of the community
to do their local events
and really take care of them.
You know, I'm so sick of founder
that just said,
oh, I got to like sit down at hard work, man.
I'm not going to any events
as if they cannot do hard work
and go into events.
And that's just very hypocrite, right?
I tell so many founders
and I'm famous for that,
you know, whenever I tell founders,
like, dude, just come here,
meet your investor
and find out who's your token holder, right?
And then try to explain to them,
what are you guys doing?
Founders that say they're there,
oh, I'm going to like head down and work.
They're just afraid to see their token holder, right?
They're afraid that they might get beat up.
I don't know.
But yeah, if you guys want to, you know, find out where agar is just like i'm telling him to meet
people and then tell them what they're building and then yeah i'm always at all these events right
so um yeah again yeah that's a good way to put it uh i i hope we get away without beating but i'll be
I hope we get away without beating, but I'll be in Mr. Block Summit.
So that's happening on September 5th.
And I'll be happy to meet all of our Zeevers community, all of our forest community.
It's going to be a really big event, and we're going to make sure Zeevers community is treated right.
is treated right. So we actually do have one member looking to speak. Let's try to give him a word.
Let me check if I can bring him on the stage.
jim jim jim hello guys hello uh first of all i want to say i i think forest is super cool and uh
honest honestly this like exactly what uh web3 needs right now is a lot of projects are like closing down after unaccessible token launches
because they do it like wrong way and i think that's uh where like forest protocol really steps
in uh with a smart and strong stronger model so thanks a lot about um by creating this
thanks a lot about um by creating this and uh yeah i have got a couple of questions for the team
yeah i'm open let's go okay um my question is like uh overall question what's one thing
like about forest you believe people are underestimating right now
right now?
I think it's
the power
of utility layer.
And what I mean by
that is
people underestimate
just a small, simple,
playable application
could help your token grow.
And these mini apps,
it's like the token is not about the mini apps.
The mini apps are about the token.
And that's just something I think it will take a time
for people to wrap their heads around.
But yeah, it's the power of uh this distribution layer which is enabled by mini
apps great great also i was interested like um do you have already any like plans or partnerships
uh with other projects uh besides zewers uh to interact with protocol and launch their tokens there?
Yeah, so we are looking on this side basically as our like boutique publishing arm. We are currently
working with two studios. One of the games is actually being built as we speak. We started this as a pioneer project a few months ago.
And also we do have internal IPs being built.
So these are smaller pieces of games that will be easier to launch.
It will be easier to start and just kind of to try.
So short answer is yes, we do have already studios lined up and we also have another two IPs,
which we just haven't announced yet.
Cool, that's great. That's great news.
And kind of last question that I wanted to ask.
What are your main priorities right after token launch
to keep momentum strong?
As it's super important, I think, nowadays
because, again, a lot of tokens launching, a lot of projects just can't keep this momentum strong.
So I'll split that in two parts.
So first thing, what we are really pushing on our vision is the token first and the product being built around that so we are planning that's
that's the reason why we are launching token first and and then building the protocol around it
because we have ability to listen to our community and have it to help it shape uh at the same time
one of the first things and this was a really good point from
Mr. Block, is that many projects launch a token and then they do nothing with it. And that's one
of the reasons why on day one we are kicking off a staking campaign. So you will be able to stake
your token. We have allocated 30 million forest tokens as rewards. And also you will be
starting to receive the seeds, which is the point system we have inside it. And these points,
the seeds will be usable to help to shape the protocol overall. And then we have lined up
some partnership announcements rolling in. So we will be focusing on two things we'll be focusing on onboarding and
introducing partners to our community and we will be uh pushing the token be listed on more exchanges
as we go and in meanwhile uh we'll be sharing updates on how the protocol uh how the actual protocol progress looking like. So you will be able to see basically,
I mean, like we have been building Zevers in public for three years. So we have pretty much
adapted to the style of building in public and sharing like these small updates constantly,
every single week, there is some update, there's something new coming in and and and it maybe
puts a bit of more stress on the team but then it gives this transparency and i think this
constant news constant new partners and constant new venues where you can get the token will be enough to sustain the momentum.
And when the platform launches, then we will start to see a lot of influx and actual trading activity happening on the launchpad.
So yeah, that's our plan.
And also, I'll be spending the whole month in Asia, so I'll be traveling all the events starting from Mr. Block
Summit this September 5 we'll be going to Korea after that we will be coming back and hosting a
side event like a small community event in Taipei then going back to Korea again and then you will be able to meet us in Token49 in Singapore.
Super cool, super cool ideas and I'm really impressed and I'm really happy as
OG member of Ziverse to be honest that team is not like stopping on Ziverse and
team is not like stopping on
divers and creating
protocols that not
only will help divers
to scale and grow, but
also other Web3 projects.
It's super cool.
And I'm
also interested
as your
gate listing, as
you announced it,
are you planning to list on other sexes too?
I'm speaking, I'm asking this,
as I am myself a list manager at one of the top sexes,
and I'm really curious if you're planning to do more listings.
Yeah, for sure.
And that's essentially our plan on pushing the token
because we understand that it's not about just adding updates on the technical side.
It's really, really important for us to get the token out,
to get into different markets.
So we are in talks with most of the
exchanges at the moment and uh for sure we we have a plan to build like a strong momentum with
upcoming listings uh in coming weeks uh like if like you mentioned you are part of uh listing
managers so feel free to drop us a dm DM after the space and let's share more about this.
Sure, sure.
I'm already in talks, to be honest, with Cherry.
But yeah, I will be happy to...
Yeah, just drop us a DM here.
So on, on, on.
Sure, sure.
Yeah. sure sure yeah we'll be happy to let forest grow and i think it deserves it as it's
really impressive work that really needs uh that webtree really needs right now
so we'll be happy to let help it grow i really like how it actually sounds it's uh i think we've
done right the branding.
We need help forest grow.
And when we were thinking about the branding,
and we come from really, really green European countries.
So like nature and forest has always been like part of
our everyday, right?
But then we thought about like forest being this
mysterious place where you can go and find like really different kinds of things. And if you like
draw that parallel with the lounge pad, this will be a place for people to explore really interesting different
things and i think because we have this app layer on top of the coins it will make opening the coin
almost like some sort of surprise where where you never know what's on the other end sometimes it's going to be something simple something boring but sometimes you will be so amazed that uh and and maybe you're the first who actually stumbled
upon it so you're first buying new coin and getting getting part of the project's vision
so so yeah that's just like a bit of side note around the forest branding uh yeah i think we are kind of uh
getting to the point where we have to wrap up i'll probably uh hope and see if there's
few more questions here uh really appreciate for you to coming to the stage. It's always super cool to see Zeevr's community members around and interacting.
And I mean, we've been around for a while and I'm always amazed to see how sticky our community is
and how strongly they believe in our vision.
So thank you for that.
Yeah, thank you.
Thank you for creating Forest.
And one more thing, like you. Thank you for creating forest.
And one more thing, like you said, interpretation of forest.
My interpretation is forest is made from a lot of trees.
And these trees is kind of projects and tokens that will launch on forest protocol.
So as much projects will come, as bigger will forest became.
So it's kind of cool.
Exactly. And if we can assume that every token in every game is like one tree,
then as the valuation, as the price of those tokens grow,
the size of this tree grows as well.
So yeah, that's I think a really good way to think of this tree grows as well so uh yeah that's i think the really good way to think
of this yeah super cool thanks thanks for being here thank you oh okay so uh
checking out a few questions and i think we will be able to wrap up uh guys be sure uh
go and and add some comments retweet uh or just recent announcement on the gate listing this
monday uh they're really strong partners and they will be first to list the spot so uh be sure gate will also will be running a campaign
so there is a way to earn a token and the wars from the gate so be sure to check it out
and as we are wrapping up i'm like just looking for one or two more questions
for one or two more questions and and and i think we can go also just a reminder we have another
ama planned tonight so uh i'll be able to answer more questions uh be sure to prepare them and uh
let's see okay so
so i'm looking at...
Okay, how will you keep forest valuable in the long run?
So this is... The concept is simple.
The technicalities probably are more complex.
So first thing is, every time there is a project launched, every time there is a coin launched on a forest protocol, it will pair with forest token as a liquidity. So that means with every launch there is more and more token being locked in into our launchpad and that essentially means as the other end we have the burn and buyback flywheel.
So every time anyone trades a coin or any time there is revenue buybacks coming in from the apps
and games launched in the forest protocol, there instantly happens on-chain burn of the forest token so
the thing is the forest token will become scarcer as the time goes and as there are more and more
apps running on it and at the same time more and more token will be locked into the protocol itself
ensuring there is like always constant demand and you will be able to follow this in real time.
I think for people being able to see, it makes them way easier to understand these concepts.
So we'll make sure the burns and revenue buybacks are really visible.
Okay and buybacks are like really visible. Okay. And
let's look for one more question
and then we'll just wrap up.
Okay. okay uh really quick question is uh addressing the vesting part so early investors have their tokens under vesting question mark uh i will the community will also also be invested. So all the early investors, also the team, have been invested.
So no investor is receiving token earlier than in a year.
And no team member and advisor is receiving token earlier than 18 months.
So we believe in a long-term commitment. So obviously we start with ourselves and we have
been essentially locked away from having any token for the next year and a half. As far as it goes for
a community, there will be vesting included, but obviously we want to reward the participation of community early on
and we want to give you something to use on day one either it's just for some it's going to be
selling that's okay but we will have a staking campaign going on and we want to reward our community so you will be
getting tokens on day one uh however a portion of your uh airdrop will be vested and this is actually
to ensure that we have first of all uh manageable uh manageable selling pressure and we don't end up
manageable selling pressure and we don't end up like getting hit at the beginning too hard
and as we go and as we introduce more partnerships and as communities start to see more and more
value in the protocol in the project we are building this will also open up the doors and conviction for people to hold and buy the token and on yeah and
that's that's pretty much a way I would put it so yeah okay maybe the last thing
is if anyone can launch a viral minigame on the forest without coding,
should we expect the next global hit to come from a teenager in their bedroom rather than a big studio?
I think this is exactly what's going to happen.
Because I don't want to say we are getting old, but the kids are getting really smart.
are getting old but the kids are getting really smart and and i wouldn't be surprised if next viral
hit game comes from from 10 year old uh because all you have to do is just have a great idea
and this idea has to resonate with the people around you and and yeah it's gonna be really fun and i think some of the best and biggest games actually
have started from really really small ideas and and because the idea is so pure at its like the
fundamental level it just gives wings and and then everybody can chip in and help to grow. So yeah, I totally believe
the next hit game could come from a teenager
or even from a kid.
And we would be super happy to see that and support it.
So it's been more than an hour.
I'm super thankful for people asking questions.
Thanks and kudos for Chris, who's been an advisor and strong supporter since day one.
Thank you to the Zyvers community, Forest Productal community, and all the questions which came in.
So guys, stay tuned, stay sharp.
And see you later tonight on our third AMA.
Meanwhile, if there were questions I didn't manage to answer here,
just let me know and I'll try to get on them on the next AMA.
Thank you, guys. Love you. get on them on on the next ama thank you guys love you Thank you.
Host
FOREST
from
Forest Protocol
