Hey, Blue, do you have some music playing or? - Right, I should have been music playing. - I thought that was. I can play. - No, just a sound of your voice. (laughing) - We're starting off with a bang. Just go right for the rope. Just call it quits now. (laughing)
Cool. What should we do? Join us? Should we start with music? Would you want to just dive straight into it? Yeah, I think we can start with some music for like a couple minutes and then we can dive into it. Yeah, and just get everyone that's in here so far. Share it. Just see if we can get some more people in. So.
Sometimes when I sit back you really let it register. I did everything I said I wouldn't set it first. I mean the world's in the now but they all know
I'm headed for We got the feedies young into the metaverse mean while I'm over here just trying to kind of first Because I'm down paying extra with the extra words The label use the wonderhouse gonna stand next to her probably never thought that would be the slags to work I work hard but hard shit don't need no extra work. That's why
I know I should be humble, but it's something I just haven't learned. Soon enough, I had to make it bad.
I'm gonna pull a hundred grand up. I'm here. I'm gonna fully understand fully automatic with the jams and they don't jam at the shows I'm about to start and now programs I'm a grown-ass man coming pop is fuck around and taking on that man
Everybody knows Jeff and they don't know Jack man. They just know I got flows in the holes in the packed dust shows Incas you playing with the pros except for how your life get exposed But I make a second fight for the life that I chose I know once around or they got soft for the rules for schools close to Kentucky So I like to know the kids carrying chop sticks though
I'm a rice in a bowl, school counts as I know, how they life is at home, cold like the Minnesota Vikings at home. Before I met Jersey, I know here now we get along, but it's hard to crack jokes when you really want advice. I mean, what's it like to touch gold? Every time you touch a mic, touch your height, no one gets a touch in life. Fucking right, young bachelor, what's the way?#
Once in a lifetime till I say I want it twice One of a kind, know you're everything is one of mine, one of pulses with my face, they know who I'm wanted by. So I'm missing to the heart. Yeah. Why don't you be with me? I'm thinking I don't take the pain. Yeah.
I'm getting treated for how much water can I fit under the bridge before it overflows my son's got to learn that forgiveness is the only road the crib's on his way like moving the homes
I got my real town here plan monopoly
I got hot as fuck so ain't no shit right? Yeah Lucky me people that don't fuck with me and licking up with people that don't fuck with me the fuck with me this shit is getting ugly in every situation is transaction on everything is saying is irrational and every way they move in is promotional Everybody's acting near a place supposed like they ain't this
I know we get noted up But I gotta get it nigga back for that it's not negotiable. It's not even debatable. I'm getting so rich my music not even relatable. I blow the head up and sonneth relatable Baby blue key class. I feel like a kid again praying on my down the farm. I'm making religious men all
Okay cool enough of that What's up guys
Hey, it was good morning. Good morning. Good afternoon. So blue hello. This is this is what I was talking about with this footer space that I think we need to switch up to class rock. So you know, I think we need to just throw a left curve ball.
Classic classic like something to ease us in like what token like what I don't know we could we could go with something from the six years seven years I think I was just I was just ripping some brandy recently although that wouldn't
Class year-off it would be a little less like but 60s 70s bro. Are you good? Are you like 80 years old? I you know isn't the medium age of a now though like 31 or something like isn't that can we do the math at one point? You're just trying to feel young that's all you're trying to do. I am
Well, good morning, good morning everyone. What's up, sir? Well, anyways, I guess I kind of just dive into it. We have a decent
amount of listeners. I mean, all of you guys cheering and thank you. This is going to be like our first official Twitter space. We're kind of going to give like a high level of everything that we've been up to for like the past six, coming on seven months. It's been a long time since we've been working on stuff in the
And I guess we're kind of looking to, you know, have that public outreach now and give all of you guys insight, kind of redpool into joining us in the incredible group of builders and just community that we have. I guess we can kind of just dive straight into it.
I guess I'll kind of just ask questions because I think it will help just give a review of everything that I've been going on.
Towards the end of the space, we'll just open the floor up, anyone that was to come up can ask questions. And yeah, I mean, we'll try cap it like an hour, probably max an hour and a half so people can replay it as well for those that weren't able to tune in.
That sounds good. Yeah, okay amazing amazing amazing Okay, I'm gonna feed you guys kind of on the sport here big if you had to
give like a one minute just you know little shell of what you've been working on for the past few months. I know it's the building injustice but if you had to do it I guess kind of just riff or an everything that we've been up to the news down just like a brief overview and then we can jump into the specifics.
Yeah, man, I mean one minute's not going to do any justice, but I think the thing that I'll share is that everything we've been working on for the last six months will finally start to land this month and next. And so I know we've been building in the dark in the background working on our own protocol.
Governance website, auctions for the NFTs, which will launch on Polygon at the end of next month. Everything will start to land. And so I think it's just super, super exciting because we've been at this. I will say this is me even underestimated, like really just
under selling it, but we've been putting in the work, you know, like 30, 40 hours a week ever since like the day that you've minted, you know, that's how long we've been at this. And we're still going the pace of the momentum hasn't stopped. And I think we're all really excited to finally see all our work.
Finally land and for you know people to see like hey this is what we've been working on and it's super super exciting and I can dive into every single thing but that's like a quick like one minute recap. It's gonna be amazing. Biggs hasn't won before we jump into the background.
It hasn't been, it's been amazing for me just to see like from the genesis of when the youths dropped and when the nouns trait came about in the Salana ecosystem originally and now in the Polygon ecosystem. Nobody knew what the nouns were, like nobody knew what the eith nouns were and the notion of this you know once a day auction is
the idea or the broader concept of centralized treasury that's used to fund people for the common good, this notion of having one vote per F.C. Everything that bounced it for nobody knew. But now as we're looking throughout the Salona and now Polygon and NFT ecosystem,
I'm seeing every collection dropping what with the exception of mad lads because I'm on the interest in when they accept my show but with the exception of mad lads every collection it seems like has been dropping nobles into like as a trait and it really I think it really just showcases that like when you're bringing
something to a new ecosystem. Like it's really possible to get it prevalent, but it's been amazing to see Bigg. So it's just like when you said that, it just dawned on me that six months ago, some months ago, nobody knew what the nouns were. And then we brought it to a new cohort of individuals and now it's really proliferating in a very tangible
way. So yeah, totally man. And I think, you know, the one thing that really impressed me, I know New York feels like it was like 14 years ago or something, but it was literally just last month that we were all in New York and definitely like the first official meetup for the nouns. And I have to say I was like, you know, when you've been building
building for four or five months, really seeing the community grow and connect with one another and then to connect in real life. I mean, New York was fun, man. New York was a lot of fun just finally realizing the caliber of people who are in this Dow from the builders to the founders
It's incredible and I think we could not stop talking and hanging out. I mean, it was like a thing where we hang out for lunch, which led into dinner and then dinner, led into like four or five bars for the night, getting home at like four or five a.m. Just non-stop talking, you know? And I think that is like,
Something that people don't see obviously on like Twitter or the timeline like the depth of the community and the relationships that we built in this Dow. It's pretty amazing to see so I totally echo that man. It's been amazing to watch. Yeah, I actually couldn't agree with that more than Mikaeli Sur I'll jump in.
But even in Miami, so I was just holding on the forehead and bitcoin for the nouns. But the nouns were there and it was really interesting to me with them in real life and just to see the sheer caliber of individuals who are part of the down. So it's like individuals who are building
building companies or industrial Bitcoin miners, even like big brain, like spent the whole night with big brain because he's a noun and we were just talking about governance and all of this random stuff but just it's been really fascinating to see the camaraderie and like on top of all the stuff that we'll tell you guys about, you know, what we're building, what we're doing, what the
floor prices, broadly speaking, so high, not in our opinion, but maybe in the opinion of broader youths. But it's just been interesting to see that overlay of community and just like what individuals are in or down and what they're accomplishing in real life. And that connective tissue is something that's, it's just
I've met more founders and people building cool stuff than I ever have in any of the other groups I've been in. Yeah, totally. And I think just like to add to that, I saw somebody asking, you know, where do I get information on Bitcoin or Ordinals or BRC 20 toe
And you're like, oh, dude, we already have like the killers in the group like here. Let me just show you this and then like you don't have to go searching for information anymore because you already have just like such high caliber people in each different little sector. So you already have that core networks like for me, it's been really impactful.
that if you're looking for something you don't have to try to scour the internet or like look through Twitter to find it like the right people like they're probably already either they have the connection or they're already in the DAO so like just the fact that they're all right there is pretty crazy like at your fingertips
No doubt no doubt Okay, I guess I'll kind of jump in here and take an all-pitch discussion to you and it's for everyone That's just training in and hasn't been very like involved with you. It doesn't really know what now and so doesn't know what news are and what we're up to Why should they care? I guess is the question I'll pitch to you. Why should anyone in this ecosystem?
to really care about what we're out to have any interest in. Yeah. Totally understood. Yeah, I think it's because we're building something greater than ourselves. I think the composition of the broader news is individuals who have, for a large part, already made their money. Like I work in the institutionally, see, like I know a lot of these other
guys and it's not a bad thing to continue to hunt for new alpha and all that stuff but ultimately we're building something that's greater than ourselves for the Slanted ecosystem and the Polygon ecosystem. I think we realized that there was no prudals in these ecosystems and I mean there are dals like don't get me wrong there's amazing
There's amazing dowels but not operating in the same decentralized way that the East now is more. And so I think we saw that gap originally in the salon market but now of course in the polygon ecosystem and so we said to ourselves like how can we build a product by which individuals like you, me,
anyone has the capability of getting true funding from a centralized pool of capital voted on by their peers and backed by their peers to help them build something amazing for the ecosystem and so I think like ultimately what differentiates the nouns from maybe a lot of other projects is that
We're not doing this for ourselves. Like, we, not of us have gotten paid. Like, we don't, like, there's, there's nothing like we, we've actually just like put in all of our own money to build this because we desire it's desire something like this so deeply to be in both ecosystems and this notion of like a decentralized governance that is owned by us.
We weren't trying to attract our money and trust in. We weren't trying to attract institutional VCs like Brian and myself. We weren't trying to attract these people, but these people just naturally gravitated towards the news and the nouns because when we got on a one-on-one call with them, we said, "Here's the vision." We're replicating the nouns.
but in the polygon and Solana ecosystems and we're going to do it in a way that's better than what they've done. Like we have the view like the the amazing gift of hindsight so we can see what the nouns did correctly but also what the nouns did incorrectly and we can build something that is you know
gen 2 of what they've done but in these new ecosystem, so it has dual effect or proliferation but also building something that's super robust and thoughtful and amazing. So anyway, I would say like the differentiation for us, we can talk about all the details, but it's just that like we're actually not doing this for ourselves. I mean, there's almost nothing to gain.
outside of the legacy of building something that is going to live for hopefully 100 plus years as a decentralized organization for these ecosystems. Yeah, without a doubt. And I think we've been able to really put together an incredible group of individuals with what we have in the new tool.
And we had A60 survey a while back where we learned a little bit more about the individuals that we had internally actively working on stuff for the DAW. And I think a big thing that's been like a massive success for us and why we've done as well as we have done to date is because of how we structured the DAW internally when we first started on November
fourth and moving on with so it begs for those that don't know could you kind of speak on how we structured the Darwin turnily and how that's been effective and allowed us to move quickly compared to potentially other sub-doubts or clubs in Newts and just border
Yeah, man. I mean, man, this feels like it's reaching way back in like the early days, but I think something we were really intentional about was this notion of rapid decentralization, but having that done over time, I think a lot of times what happens in the very beginning
you get like a group chat going, you have people interested in starting up the Dow and then it just decentralizes right away whether you talk about decision making or even vision casting or goal setting and if you can imagine what that looks like it becomes
messy like very, very fast and then the Dow just fizzles out and it's not anything that I'm even making up. If you look at just the trajectory, we're all familiar with this. You know, some Dow spins up, decentralized is and then within about one to two months.
Everything's dead. Nobody can make a decision because you have 50 people trying to chime in, trying to agree on the direction of the Dow, goals for the Dow, or things that they want to work on. And so I think it's really, really important. And this is something that we did was we've been very intentional about having a central
core team driving the execution in the day to day since day one. So we've been at this for six months and we've had an incredible core team of about 20 people just working on different parts of the Dow, but being keeping in mind that this is not something one that is for ourselves, but really wanting to
culture and set goals and set vision for what this group of individuals can accomplish. And I think as you start to hit different milestones, let's say basic stuff, like meeting on a consistent basis and just checking off certain executables in month one and month two. And then once you hit those milestones, then you
start decentralizing. We're still on the way to decentralizing. We'll get there, you know, reach another milestone when we launch the governance and we launch our auctions and we have that central treasury for people to vote on. But I think it's really, really important that you do that because, man, otherwise you're just a bunch of
just cook it in the kitchen and no dish gets made at the end of the day. So I think that was really important. And the other thing that we've been really intentional about is from day one, every time we've had a new person join the DAO, either token or myself, I think a lot of people in the DAO can speak to this. We will sit with you and
schedule call for 30 minutes to an hour. Learning about your background, why you wanted to join the DAO. Honestly, I don't know of any DAO community that has taken that amount of time. I mean, token, I don't even know how many, it's at least 50, 60 hours by now, like talking to people.
And just asking them why they wanted to be part of the Dow, you know, or what is it that excites them or what they're all about. And I think that's really, really important because people love to talk about community, but they want to do that from the confines of like discord or telegram or Twitter chat. And it's like, how, what kind of community are
really going to build from that. Like, yeah, you'll build maybe a really, really good online community. But if you really want to start connecting people and facilitating a DAO where the strength is a community, you have to get to know the people who are in your DAO. And that's something that we still prioritize people who join
the Dow. I would say definitely within like three to four hours, it doesn't matter if it's like if they join the Dow like three or four a.m. within like a couple of hours, token and I will get them the calendar link and we'll we'll meet and talk with them, you know, and I think people are like, damn, that's a little creepy, but it's it's actually not. It's like, hey,
Like you just joined the Dow we we actually want to welcome you to the Dow Why don't you get some time on on the horn with us and Ashley? Here from the team and from us like what's actually happening in the Dow because you could read Twitter all day You know and you still wouldn't really understand like everything that we're building towards and so yeah, I think that's that's something that's really
special, really unique, that we continue to do. Yeah, big sets huge. As I even look into the fit, like the audience right here, like I remember when I first called Veach and I, like you, you can never, like, PFT is the great equalizer is something I love to say where you literally have no idea who's behind the profile picture. So like Veach and I talked, I
no idea just like the scale of what he did in real life and just like this sheer connective tissue on the marketing front. Brian when we first talk I was like oh crap your institutional VC too like that's hype you're investing in all these real cool things. Maybe we'll co-invest in real life like when DeFi explained and I like I'm just like looking through these now DeFi explain and I
he was like, "No, I'm a full time content creator. Now he's throwing out better content for us." But if we didn't take those 30-minute meetings at the beginning, I would just be a bunch of faces in our group chat and I would have no idea what they do. Or even pencils. When he first minted his noun, I was like, "That's the most fire now to
of all time. I didn't even know he was a D-Gots artist. We ended up sitting on the roof of my house talking to him for two and a half hours about everything from D- just so much. He was so interesting. Same with Jet, Mike, and I talked. And then Man Zombie, I didn't realize he was an illicit, like he creates, like, image. He can just
our depths. So you just never know who you're talking to. You know, like JC is just like the big boss and A-Pack and nobody would, anyway. So all of this is just to say I totally, oh, jiki, too, what the heck. There's so many people in here. Anyway, I've talked to a lot of you. So it's just amazing to be able to see just the diversity of
real life skills and how they've all kind of pulled together into the doubt because we've just talked to them and they're like you're really cool in real life why don't we apply this to the doubt and it's just compounded and compounded and compounded and something that I don't think anyone is ready for like I think everyone's gonna be shocked. 100%. I mean that's so many that is just so many in the
was that common going that we spoke into. And I think it's really building that emotional value just on the ground level is really what we're doing right everything's just based on emotional value nobody's doing anything for any type of monetary gain. And I guess that's the beauty of it I guess that's why we will have something that we can relate on and connect with and that's really trying to
the space food which I absolutely love. I guess I'll jump into it. So I think along the lines of what both of them said, those one-on-one calls the close contact that we have, it's almost like you're trying to curate
a high caliber community and so we really want to learn all the intricacies of every single person so that we can find the best fit for everybody so that everyone can get along right away with the right group of people and so that they can find where they fit in and how they can fit in and so we're kind of it's like a white glove service of onboarding people
so that they have instant connection with the people that we think they'll fit in with the best. And then ultimately, all of us will benefit from, you know, getting along with the right people right off the bat. So I think that's, like, I think it's really important for all of our goals. So yeah.
I think more of you seeing from the community far like how was it like when you first jumped in to the community what made you want to join
I don't know if you can just speak on that. Yeah, yeah. So I guess I joined in from other friends. It was from people in the world council that I'm in with Neckosuma. So there's like three of them that had nouns. And so they said, "Hey, you
should take a look at this, like you didn't really well, they're all business minded or they're technical or whatever else it may be. And so I was kind of trying to find that. I went from being a whale and a bunch of things to consolidating and having, you know, just a few assets and trying to find that networking to build products or
to make the right connections, to expand my knowledge and, you know, just get more involved in the space to help grow it. And so, once I had a one-on-one call with Bixby and then with Token, it was like, "Okay, like these guys are ridiculous. Like, this is perfect." So, I bought one now and
And then it was like, okay, let me try to move some other assets about a second now just to have, you know, for the future, whatever it may be, and just conviction in the project. And I think I was just looking to connect with the right people so that I could, you know, selfishly build my own products out in the future just because the connections were so good.
But the more that I communicated, you kind of learned that you can just build together as one group. And like the more that we can build together, then we're kind of accelerating everybody in their own projects, because you already have the connections to the right people. So yeah, I don't, you know, it's kind of like that you don't
what you're going to get into until you meet with the people, but the fact that I had one-on-one calls with multiple people right off the bat is like impressive. And it wasn't even people that were just nounters or on the noun soul. Like it was just general members of the community and like learning more about them was so interesting. So just just ran with it.
Yeah, and blue maybe I'll just jump in for one second just because we reference the Nouncil and the Nounders a decent amount and just for people in the audience who don't know what that is. I'll just give you the quick TLDR. So the nouns down proper on ETH, but we're modeled after
was developed by 10 individuals, so five developers, five artists and people that are more business minded to create this decentralized DAO. I'm happy to give the TLDR on it as some point in time for you guys if needed. But they are
that cohort of 10 individuals is known as the Nounders. And it's important to distinguish the difference between a Nounder and a Founder. So because it's a decentralized organization and Biggs referenced something called Rapid Discentralization, which is this notion developed by Chris Dixon and Jesse Wald.
in a 16-Z crypto school, which essentially denotes that any organization or any protocol that wants to eventually scale, like has to decentralize in some form or fashion, either through a token or through NFTs or through something, but in order to do that,
You can't just start from full decentralization. You have to rapidly decentralize. Start with a small cohort of individuals who are really high caliber, thoughtful people who are going to build the framework by which the Dow or the project is going to operate. That's what we denote
as a founder. So they're not like a founder, but they're a developer of the framework. Because eventually the protocol is going to be fully decentralized and like there's no founders, but there are initiators like things don't start out of nothing. And so there are initiators of the Dow or the developers of the ongoing framework. And then the key and rapid decentralization is that
have to then decentralize to a larger group of individuals. So after the initial spark of the news, in the six-nounders or four to six-nounders at that given time, we then inspired a announce soul, which is where Mikaeli came in, that's where splits comes in, that's where Vich comes in, that's where DeFi explain comes in, all of these different
different people in a 20 individuals who are responsible for the execution of particular verticals within the Dow. So say for example, marketing is a particular vertical. Like you have individuals who are executing on the nuances of marketing or the things that read that it literally runs like a full-fledged company organization.
you have people who are like stronger on the governance front like I'm doing governance you know with bigs and this other guy from bankless style and then he moved on to polygod and now he's helping me and others lead the notion of building the governance so you have different individuals in the rapidly decentralized now its sole who help
further develop the framework or the sandbox by which the noun does outlined and then eventually I call it in 30 days 40 days when we launch the governance that's the third stage of decentralization which is we're decentralizing to every holder of the noun so now instead of the noun solar the noun does making
decisions on where the protocol goes, it's going to be up to the whole community because each person will have one vote in the governance for the broader Dow and you'll have the capability of submitting proposals to get an allocation from the treasury to build whatever the hell you want as long as it's cool, nounish and like has the capability of scaling and you know
winning the votes of your fellow peers. And so anyway, that's the notion of rapid decentralization. The now-ders of the developers of the framework, the now-soul are the executors of the particular verticals, and then the cohort of all of us are the ones who are actually building inside that ecosystem. Yeah, amazing.
I guess I'll kind of jump in and pivot a little bit to the treasury and obviously we've raised funds from different initiatives to date. So it's kind of wondering if you could speak on that, you know, why we raised funds for our treasury, what we've done with these funds to date, and then we'll move on to the auction pieces after that.
Yeah, cool. So we, so we've raised funds in the beginning. I think primarily, as you know, there's, there's operations with running this Dow. There's development costs on even coming up with this and working on the governance website, the tooling for the auctions and everything. We had a chance to also
partner with some super-goated founders in the Slana ecosystem. So a lot of you know, no woven who makes like the woven textiles off of entities and then Yut's coffee which is something that was near and dear to a lot of our hearts as like major DJs and coffee drinkers.
partners, but being able to just partner with them and bring them a base of holders to participate and partner alongside Ute's coffee, top 3% of coffee in the world was pretty amazing. So we have a highly blender we add now like four or five blends.
It's been amazing to just see that partnership. I think that's been on the salon side where we will eventually have a governance and treasury that we're going to govern. I think the exciting thing is really what we've been working on for the last six months is
thinking about the possibility of a treasury that the Dow is going to be able to steward and to vote on. And so, you know, in a not too long, it's pretty much about a month, a month and a few weeks time, you know, we're going to be launching our first auction on polygon. It's going to be a one-stay-ly auction.
of our own entity collection. So for those of you who are new who just joined the call, like the PFP that token is born right now is the preview of what that now the noon looks like. But that's going to buy you a vote in the treasury. And if you can imagine right now the the nouns on Ethereum are sitting
around $55 million in their treasury right now, that's crazy. $55 million to be able to submit proposals and to vote on. Obviously, governance is not easy. Stewarding a treasury and getting people to vote
in a way that is really constructive and prioritizes brilliant and good, well-executed ideas is not easy. That's what we've been working on for the last few months is really thinking through what effective democracy looks like. I know that that is a topic that DGen, crypto,
Twitter does not really care about like effective democracy, but if you think about like the the the most effective groups of people, you know, throughout history or in the world. At the end of the day, it's effective decision making, right? And when you have a treasury that's linked to that.
And you can marry that treasury with a governance structure that works where people are able to vote and you have weighted voting. You have voting that prioritizes just surfacing a lot of the good executable ideas that have an impact on the world and we've been really, really intentional.
about this. Like we are not interested in, I think, a lot of web3 experiments and stuff that really don't have any impact on anybody in the world or any community at the end of the day. Like, I think that's something that we really want to change is seeing proposals
those goals at the end of the day impact people the same way that Mr. Beasts impacts with his videos, you know, where it doesn't take a lot of money, but you have this tremendous impact in people or in communities around the world. And for the last like four to five months, I think people don't realize this, but we've been in talks with
with a lot of organizations, whether it's Stanford University or some nonprofits that are here in the Bay Area, just warming up a lot of relationships where we could see this alignment of a treasury, this alignment of Web 3 people who are not only in it, just for NFTs.
and having fun, but they actually want to see crypto and web3 make an impact on the communities around them at the end of the day and just bringing those parties together in a way where we can help facilitate a certain partnership whether it's a day of education about web3 and blockchain with maybe the next
generation of kids who are currently learning about coding and AI and all these new technologies, but giving them the chance to think about what they could do with blockchain technology, I think that's awesome. And so I think that's something that everyone should get excited about in the next month when we begin to launch purple
also start coming in. And people are saying, yo, I have this organization, you know, in my town that is doing some super cool stuff, teaching these kids how to code. And maybe we can do something with the nouns, you know, maybe we can leverage a little bit of capital in that direction and see some impact at the end of the day instead of launching
web3 stuff that just goes to web3 people in this small little bubble. I think it's time for that to change. So I think we're really, really excited about it and that's what we'll be working towards. Yeah, thanks. It's tremendous. I would say the other nuance portion of that is that we're also looking to back the best.
And we've said this a ton, the best founders, creatives, artists, individuals in the ecosystem who are experts in their particular topic. So if you're really philanthropically oriented or you have something that's doing amazing stuff in the world, that's something that nouns come back. If you're a developer who's building this,
It's insane protocol that you want to leverage the provenance of the nouns and also the community, but maybe some of the treasury funds to help build out a functionality and the nouns have a particular role, or there's a benefit to the nouns in that protocol, like tremendous.
as long as you want to know and you can submit a proposal to the Dow to get an allocation. But I think like ultimately like we're sector agnostic and we're also like you know this idea agnostic as long as it's top tier like as long as it's like something that will have a tangible impact on the ecosystem.
or on the world in general. I think that's something that we're going to shoot for. Now granted, the Dow is decentralized, so people are going to vote on what they want. So I would say just know your audience, get to know the nouns because that's the cohort who's going to be allocating funds to you if you're a founder.
So basically you're going to need either one of the new noons or one of the utenounds to have an impact and make voting and then propose. So just so everyone's aware of that. I'm obvious thing. You might want to belong to the ecosystem as well.
Yeah, I think what we'll do is we'll make that like abundantly clear prior to launching anything like we'll make it crystal clear What we're gonna be looking to do the funds where the governance looks like what compensation looks like is
accessor like we're going to be fully transparent with everything that we're building and I think while kind of pivoting now is how we're fundamentally you know just a bit different from now on the Ethereum and I think obviously we have
And I know you've been taking a point on the artwork. So I was running if you can kind of speak on that, but we're looking to do it, why we're looking to do it, etc.
Sure, yeah, and I think maybe like something that'll be good to know is just the historical context for the Noun style proper on ETH. So the Noun style is a once a day, a generative collection where all of the traits are preformed on and they live on chain. Like all of the head, there's only like five components. So in
now. It's like a head, a body, the noggles, which is the glasses. So when you guys see these glasses on us, they're called noggles. The noggles. And then actually, yeah, there's maybe there's a fourth component, but those are the four key pieces of what creates a noun and a noun
just so you guys know, like on Ethereum, is a person-place or thing. Like that's the definition of what an noun is. So it could be, you know, in our bark, it could be like a pineapple, it could be a house, it could be a fence, like it can be anything, you know, a person-place or a thing. So every day, a noun is auctioned off and actually DeFi explain, put this
Maybe we could pin it up there just in case anyone's curious below, but he made this amazing video that explains all of the nuance portions of the nouns. But a once a day piece is assembled on chain at the end of every auction. So an auction ends at a 24 hour period. The Alg or the code that is under
writing the broader protocol, pulls in four random pieces together and puts it on chain. So the art could have duplicates, it's very unlikely, but it's definitely theoretically possible. So you'll see a lot of heads, a lot of bodies that are replicated over and over again. And so one thing, like I said earlier, we looked at the
and we said what can we do different and like if we were to redo you know what they did back then like what would we do and to us one of the most important things in provenance and I think we like even like the boogeholes like hold serious provenance like nesmbe holds serious provenance which is essentially like the maybe not social
cloud but just like the societal impact that that little PFP has, like when you see that PFP it invokes a certain emotion. And so to us we said like yeah we could randomly generate these and like create a bunch of different pieces that get assembled on chain but why don't we do something more curated? Why don't we find the best artists in the ecosystem?
and have them hand curate one of ones for these nudes. And like the little guy I have is blacked out. Of course you can't see his color, his expression, or his face, or anything like that. But they're fire. Like it's something at the intersection of like the uits, like boogles, and
the nouns proper so it pays homage to the nouns but it also is like fun and as big likes to say savage like these guys are like you notice them right off the bat like you'll see this guy and you'll be like holy crap like that's new like and the thing is it's gonna be from artists like pencils it's gonna be from artists like marpilleno it's gonna be artists like de jempoet you know in some other
really big names. I'm hand curating this list and so we've turned out out of individuals because we said to ourselves like we're only going to have top tier individuals who are developing these news and you won't know what this is like a little fun thing for you guys a little alpha. You won't know what news coming next.
So on day one it could be a piece from pencils, but on day two it could be a piece from D. Jim poet and this creates this kind of Like if you're if you're a huge fan of pencils art and we've been seeing him explode recently with his own collection and even his own pixelated collection which you know kind of can give you guys like an idea of like his new
new stylistic expression of like moving into pixel art. But you won't know what artist is coming up. So if you're really a fan of pencils and you see a noon that comes out that day, that's absolute fire. And it's from pencils. Like you may not see pencils for another 20 days, you know, or you may see them again tomorrow. Like you just don't know what artist is going to come up. So it really creates
this gamified auction mechanism by which every now and is not the same. Like each now and on the theorem is drawn by the same artist who's insane. Like it's amazing. All the traitors generally come in order as opposed to ours which are one of one and we're going to hand curate like even more one of
We spent a lot of time working on them. So I think yeah, and we can I think there's just so much info because we're just brushing the surface and the background and not even the future. So I think there's going to be a lot more spaces to and opportunities to talk and you know we're always open for those that are already
in the news and those that are interested, like there always be more opportunities to chat. I think this is just an awareness piece and like we'll always keep continuing to have more and more of these to get everyone up to speed on what we're doing. Yeah, um, well, I think
Another thing that we're kind of doing a little bit differently is our auctions. I know we've kept on the wraps for the most part but big. I was wondering if you could shed like a little bit of light. Not too much light, like don't give away, but just a little teaser of overall reckoning for the auctions.
What can I share that is not like sharing too much light bro? Maybe talk about the mechanism of the options like
how actually function much akin to that of the nouns. >> Yeah, so okay, okay, I'll help. Yeah, so it's going to be once a day auctions, if you guys go to the nouns.webside, which is nouns.wts.
You'll see basically a noun on auction every single day and it'll be very much the same way that a lot of people on Solana where you get to bid on the actual NFT.
I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to I'm about to#
get a little bit further. I think we can do another space with more questions directly, but it's not, no, get out of here, pencils. I thought you were going to go. Maybe, the one thing I'll say is I'll just explain the actual technicalities of it, just in one second here, and then we can move on to the
I'm not going to say that.
of existence and what nouns have been formed. Our auction system is very much akin to that. So nouns has open source all their code. So we're forking their code and re, we're redoing a lot. So like we're definitely like adding a bunch of different overlays. But if you want to look at the the essential like the the
essence of what we're pulling over into the polygon ecosystem. You can take a look at now and once a day you can bid on that auction, you're going to be able to bid in Maddock and Rapti. You're going to be able to utilize your Phantom Wall, your XNFT backpack wallet for, and of course your Metamask understand the Coinbase wallet, like your standard wallets, but you'll be able to do incremental
bit. Whoever has the highest bid at the end of the 24 hour period will win the noon. That noon then gives them voting rights and the governance that also gives them the capability of drafting proposals. And these noons, like can't leave too much but have superpowers. So the U-Nallans have the provenance of the D-God's ecosystem. They have the capability of having
points, they have the liquidity of the youth, so there's a lot of embedded value, and then we're overlaying the capability of having proposals and voting for the youth nouns, but the noons themselves are going to be super-powered governance token
that also have amazing utility in the down and what I'll just like leak a little bit is I would take a look at what the famous foxes have done and I think a portion of these new ins are going to have maybe some similar utility to what the foxes have done like Drax's done a tremendous job
been so far as his chas and I think something like that is going to be overlaid in Tardar as well. I don't think I know, but not really. Taken's about to Lee Carpher. Moving on swiftly. Good, keep going. Hey, why
I don't think you can say those. Tomorrow we do have a fireside chat with Drac from talking about Citrus. So anyone that has opportunity, that's going to be pretty awesome to do basically a one-on-one AMA with Drac's and their Citrus platform.
I guess that's kind of where we can pivot to next. I know that you're up here as well yourself. Well, that isn't up here anymore. I know we've kind of been working on the community piece and I guess can you kind of give Black and I have a view to everyone of what we're kind of looking to do different moving forward regarding the community?
Yeah, so I think there was there's just so many people that had their own individual Projects and things that they were working on and so I was trying to as soon as I cut you know Accepted into the Nounders. I I immediately went to helping
get the community kind of moving again and get everyone, I guess facilitating people's strengths so that they can focus on what they do best and everyone can be only working on the things that they want to work on so that we're more aware,
and not just hiding internally. So a lot of people, if you were to jump in our discord, you'd see that it's completely dead because nobody's there. And we're all on telegram. And so like when you're in the telegram chats, you see that it's going off all day long. It's the most active group like I've ever seen.
But there's no direct action being taken to show externally what we're working on. And so that was kind of my focus. So I was trying to work with specific people to, I guess just activate them. And so we did a poll on different people's skills and then try to do one-on-one calls.
is to find out where they can help. So that's how Vetch got involved. I know he had to run to a meeting but it would have been great to talk to him but he's specifically working on project management essentially and it's like part of his real life job so it was just an easy segue for him to help organize a community.
And then we've got chips of the dip who's been doing some infographics. I posted his recent like animated infographic at the top and it's just awesome. So the fact that we have people who want to do specific things, I'm just working with blues and that's basically to help, you know, a lot of people
to do those things. So anyone who is still interested, like we're also doing a weekly internal meeting for content creators and marketing push on Fridays. But yeah, we're just trying to get everyone involved so that they can just focus on specific goals and tasks rather than trying to create
create their own job title and their own full, you know, what are we supposed to work on? We can just help make sure that you have a job that works for you. So like Smoky and Jakey, Solid in the community and spaces and and Outreach, DeFi, Exploring with YouTube videos, things like that. So we're just trying to make sure everyone's
activated so he can always reach out DM me whatever you need yeah without a doubt a shout to Jakey as well I'm sure like all of you saw but he got burned the Mad Lads Raster so shout out for that and then I guess I think that's a lot of it for the most part just like a brief overview I mean we're
coming up to the hour mark.
What we're looking to do is every Tuesday at 12 p.m. Eastern and then every Thursday at 9 p.m. Eastern is when we're going to be doing these spaces and they'll be more structured towards community and more of a generalized chat. This has kind of just been our first big official space given everyone an introduction until we're
been working on, you know, had the doubt. I'll give it like 15 seconds, if anyone wants to request full free, if not, then I'll get some music on them. And I think this has just been a great star and introduction space, to be honest.
Yeah, blue maybe one thing I'll say if we don't have anyone else going up is that if anyone's interested in like learning more about the nouns like feel free to reach out to pigs myself blue. I can't wait happy to chat one on one. Yeah, it just you board we're super open to chatting and
Oh nice we got the other one as well. I just wanted to say that if you hear some classic rock in the background it's because that's exactly what you should be up going on at the beginning of our spaces here.
at the gym right now making sure I'm just a little bit more jacked than token. I've gotta always say I had a token. I just wanted to say personally my own experience in this doubt. I think that Blue, McKaylee, Biggs,
the next one job is covering all of the technical logistics. So my perspective personally is just how much fun I have talking to you. Like you're just fun people to be around. And that was really all I wanted to say.
Thanks, Steve. Yeah, that makes sense. It's also one of the most underrated portions of Koreans is just maybe our our group chat with health and wellness. Everyone's posting pictures in the gym and everyone's getting huge. Like I've never seen a better looking now than this. I'm in a lot of
I'm never think about it when men's calendar when men's walk around they walk around New York and everyone thought it was gq models. They're like who what when did gq like you know get in that ft's and we're like now now that's the nouns that's the nouns
I didn't know what to expect when we started that it's called the health is wealth Channel in the telegram at first I was like, yo people are just gonna post their workouts and like, you know, there's sets here and there and then everyone's posting like with their shirts off and there's just like eight
and like 10 packs, you know, people are training for competitions. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's not bad. It's#
It is not like that. It's more just a bunch of good-looking people hanging out in the down together. No legit. Okay, so no. What happened was you put that up and then grandma posted a photo and everyone went to like all these shit and then from there on out it was like a competition to see who was more jacked after that.
Yes, that's a good description. Okay, and then we realize that everyone was huge especially DeFi explained and grandma though what the hell is that and what about that dude from Australia that guy's Anyway, thanks guys. I'm gonna get some music when I'm we're gonna face out here Nice everyone for stoking by um
She's so self-conscious, she has no idea what she's doing and calling her. They make it as you make it and don't make no money, but she won't drop out of parents to look at the funny. Tell me that ain't in the car. The concept was losing so secure, soft more than three yards ain't picked the car.
♪ You can't believe single black female ♪ ♪ A jitter to re-sail the ball ♪ ♪ Oh, ball down ♪ ♪ Don't win a ball down ♪ ♪ Who you don't call down ♪ ♪ Come on, come on ♪ ♪ Don't win it all, fall down ♪ ♪ Oh, man, I'm falling ♪ ♪ I'm so self conscious ♪ ♪ That's why you always need me with it ♪