GM NFTFY: what’s happening in web3?

Recorded: Dec. 22, 2022 Duration: 0:31:30

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Sorry then I was doing a tweet and I got lost here with the mic problem Sorry for that but yes actually that's that's the natural pathway I would say when you are starting out it's how things works and you know
So how we doubt, how we can doubt, how we doubt. Yeah. And it's kind of funny because we have some pathway, some things that we already used, some strange ideas and weird ideas also appear.
I think this is the kind of double-cunity, you know, to experiment things and to have a little bit of change and maybe Nausea Brazil can innovate something and can be adopted. This can be adopted by Nausea
like global or others, other derivatives of now's like $1,000. So yeah, I think that really it's a cool time to be in the projects. Yeah. And just saying about
How the communities are going there? Are you participating in the last call? The end of it? But how is the community going? How the things are going there? Last question.
a little bit weird I think the internet now is a little bit divided but now Brazil is not too much but I can see some people trying to get more money
without just to buy it good. Yesterday I saw it happen, some ideas that are not great and asking for too much money to do something real simple.
But it is going okay. Yesterday a lot of people voted in about how to use snapshot voted. One interview is snapshot so we are kind of making the same decisions.
good in the start and the community is okay, it's a little bit divided because before the the Dow some problems happen with the team
and some people chose one side and some people chose another side. So we are trying to unite the members, you know, again. Oh, that's really interesting to see because
That's something that is happening in Nau's global. Now, let's step into this for a little bit. We have two parties, one party that wants to
be more, no more the usage of how we can do the usage of funds and how we can contain costs and can do a more optimization of the causes and how the proposals of
cost of each prop and have the other party that wants to just participate the main the meme and wants to get props passed and I see this kind of two ways of seeing things
I don't know if you need to attend that. No, no. I see this happening. I'm seeing this right or I'm kind of not understanding
do I just have to do it? Yeah, yeah. Partly right. Some people want to put it for the main and some people want to get more money to raise more money because people are noticed that the treasure is going out. You know, literally
little by little but it is and the returners are not coming back the great way you know okay if if we continue like this now it can die you know the treasure can can reach zero and people are
trying to raise more money and right now things are divided between those people. There are people trying to manage some defy to get some yield and some people wants to use the money to split the
Well, I don't know. I think I'm more... I think I'm more on the side that the people who wants to raise more money, you know, because if you want to proliferate the meme,
You need to to have money, you know, maybe in one year we cannot have money anymore. I think the problem we can see props like a hundred of ethers and this is not sustainable.
Yeah, the thing is about time. We don't know how much time things will... We have a quote unquote "burn rate" of the treasury.
And how this rate is recovered during like auctions and things and we need to create a sustainable process of it. Because if we don't have this sustainable
process the dolls can die that's the reality yeah I see I see the both both sides you know I know that sometimes cost containers are too much hard
with proponents and this can be disintervising, disintervise proponents to do stuff, to do creative work, to have this freedom. But at this
same time we need to see the reality as it is. The money is not forever. It doesn't give on a tree so that's something that we need to consider when working on a doll.
Yeah, and then just tap into what's what you expect in the ecosystem in knowledge or not in the ecosystem for Lexi how you see things how you see This beer market was a fire test
for a lot of things. A lot of these is a lot of corporations, a lot of organizations, those communities, collections has like their worst test of all time. They passed the ultimate test, I would say.
How do you see 2023 and which collections with the organization movements do you see being prospered in the next year and which you don't, you think are like downside
or laser-elevent that it is today. Great question. Tomorrow I'm going to talk about it on the Mekoyou's live at 6 p.m. I believe that in a bear market
Things that will survive are things that are connected to institutional, you know, things. I'm not saying that all the dolls are going to die. I'm not saying that NFT market is going to die. That's not what
saying because we know that some NFT collections and some downs like now are very well structured. What I'm saying is that things related to the institutional part are going to survive
better, you know, I'm going to to breathe better without needing some, you know, medicine, some, some without asking for help. That's why that's why I'm saying because I try
I truly believe in the institutional part in the Web3 ecosystem. But I can see the DAO's surviving, but DAO's were already prepared to the bear market, for example, now.
Has already a great great treasure, you know this doll can survive But the dolls who the dolls but not expected this bear market Dude probably are not survived. We're not survived
Yes, that's late. I think that the... I know that Treasury is not all of the things that I now have. I believe I really believe that Treasury is not the most important thing. The most important thing is...
people and I think people drive treasury but yes treasury is a big big drive of people with more treasury you can't afford to have more people doing things with the same resources if you have less treasury have less
people need to choose which projects they want to engage and they will choose projects based on a lot of things and one of these things is how you can gain financial things with that because
you need to leave, you need money to leave. So yeah, Kau can be funded by an organization and if I don't have a sustainable treasury, this thing can happen.
If you have a lot of people and unsustainable treasury spending, you will have a lot of people who satisfied and a lot of people living. And people living meaning that more people living than people entering is
It means that you are losing your energy and losing your, your doubt. You are losing people. You are losing the core of all this. And I think this is the most important thing when you remember about how, how consensus is so important in a doubt because
If someone tries to decide something that is arbitrary or something that you didn't reach it, a lot of consensus on that, you just remember that for people to fork or to create something different
are to separate for you. It's easy. It's very easy in this space. And this is to keep that in mind because a united Tao is the most important thing.
I would say, when you are trying to make a dose to succeed, you keep it united and keep it a keep it a keep it consensus in it. You know, it's driving more disclosures before voting, it's driving
more alignment. It's creating a proposal that is not close it yet in each point because you need to have concessions and when you try to have consensus. When you have a lot of things that you
you know that this proposal will pass then you vote. They don't have a vote because a divided vote is one of the most harmful things that can happen with or danger things that can happen.
with a doubt and so yeah, this is my take it's it's most people Can I agree with me, but this is one of my takes and I think we can internalize that this in their organizations that we work on
Yeah, that's why I like a little hierarchy. The full decentralization, I like when we are talking about the structure, you know, everything needs to go to the blockchain.
yes I agree with it. But inside Adal, if things, if their organization are fully decentralized, things are going to start to be political, you know, and things are going to start
to be divided by polar. This is the if quote, this is the if quote. This can destroy a doubt.
So I like when we have some different ways of, some different ways of govarnos happening. Yeah.
It's very very difficult to manage things to manage decentralized things Yeah, I would say discuss more and vote glass. How do you react to this quote?
I'm sorry what's the code vote? Discuss, align, discuss means sometimes battle better with someone but I would say align more and vote less.
I agree with it. I agree. If you are aligned, you will vote less. Everyone are aligned about this prop here, so I don't need to
to make a prop and the other member don't need to make another prop, a counter mine prop. So I agree with this. This is a great coat. The first time I hear it, very, very nice.
Yeah, I'll do it that later. Thanks for the validation then. Very cool friend. Thank you. Just tapping into just like
how the next year I think will be. I think, as you said, a lot of people need to prepare for a lot of different outcomes. Good things can happen, bad things can happen, you need to be
for both. I see the tendency of people there are more smart, more smart than me, I see, are kind of pessimistic because if someone is pessimistic,
They have more room to prepare themselves, because they thought about the worst scenario first. I think for an emotional side is bad to be passing
missed. But if you have more irrational side, it's always better to think how things can be worst, how things can really really be the home. Then you can understand people that are
are advocating for containing of costs, of spending, and how we can optimize things. These are that and reach more people. So that makes sense. I think this smart way is
that the more healthy way is to be optimistic but the more smart way is to be pessimistic and the end goal is to be at a balance because I think balance always always win in this situation.
But what we need is balancing the things with in a friendly way, because balance is different from divided. Now, things are divided, but things can be balanced.
Exactly. So then talking a little bit about events next year. Which events do you want to go next year? Which events are you seeing?
that you will happen next year. Definitely Denver. Definitely Denver. But I don't know if I can go because my visa. I'm going to try hard last night.
I dreamed about it. It would be very sad to me if everyone goes to Denver and I'm not, you know, because I really want to go, I really, you know, save money for it. I really, I'm really trying.
Yeah, and they were I like the vibe of the member because it's very community-based a lot of the hackathon is very strong so a lot of cool people go to it. Yeah, I think that is one of the biggest events of the
next year. I think because of is in March already a lot of people are already preparing for it now. But besides that we have other things. We have that kind that will be in
Istanbul if I'm not mistaken which ones we have Ethereum real we have other events that will happen as well We have either pair is I thought if I'm if I'm not wrong. No, that's that's interesting. You do know the date of it
I think it's September but I don't want to go ever in old Paris. I am the damper. Good point. Good point. I would say that I would
I would like to go to some events in Europe because Europe is have a growing ecosystem there. Portugal, Spain, France have a lot of people Germany
A lot of people there in the ecosystem is really growing. I think more than other parts, I would say, right now. I don't know why, but I see a lot of events there happening because they have a little bit more infrastructure.
for events. But yeah, and in schools, all of these countries are very close when to each other. So this helps. South America, for those that don't know, it's a chaos for logistic. All
Capitals are far away one from each other. It's terrible. The airline companies are not the best. Yeah, it's not optimized in, yeah, at all. And just trying to tap
into the last topic of it. Oh, then you want to bring some topic if you want? No, no, not okay. I just want to say that I hope I can go to Denver. Well, yeah, it would be nice. I'm trying to talk with the Spork now.
I don't know if either Denver is organized by a doubt. So that's pretty cool. And yeah, I think that's my topic today. Nice. Yeah, I hope you go then. I really hope.
Yeah, and you divide the Airbnb with May and Cody and other other people Yeah, but we had some some development of of uglabs uglabs is
creating more stuff to their lore, developing their lore, their story, and they are aggregating all the collections that they have to create tiers and these different tiers will mean different things in their community. And this is a
pretty good move I see because ULabs didn't come out to try big move since I don't know the other side testing game and this is I think it's good to have ULabs doing some things here and
And this activation really got the markets hype it because Kenno Club was at the moon. They, I don't know, 3000% of evaluation this was huge because of that because they included Kenno Club in their
of the community of the storytelling approach that they are reaching right now. So yeah, this is kind of the biggest movement that we had in the week, I would say. And it's good to have you
the labs doing things. It's different. It's a different player of what nows are doing. What I think that is very good as well, have two players doing different things. But what do you think, Danny, as nows Brazil?
How do you think of you guys doing development? I am not aware of what you guys are doing right now.
I need to read a little about it, but okay we can talk better about it on GM tomorrow, what do you think?
Yeah, that would be great. We have a hang of hang cliffhanger here. We have a cliffhanger for the next day. Okay, we have this
topic tomorrow. So it's getting a little bit more. And thank you Danny for being here. And everyone that is in the audience, Jads, huge half a day.
Thank you guys for watching. - Blood, blood is joined. We are already finished in it. - Yeah, blood. - But I'll call my friend. - See you guys. - See you. Thank you, bye. - Bye.

FAQ on GM NFTFY: what’s happening in web3? | Twitter Space Recording

What is the natural pathway when starting out in a project?
The natural pathway when starting out in a project is to doubt, experiment, and have strange and innovative ideas.
How is the community of Nau Brazil doing?
The Nau Brazil community is a bit divided, but overall, it's functioning well. However, some people are asking for too much money to do simple things.
What are the two parties in Nau Global and their differing views?
One party wants to contain costs and optimize the use of funds, while the other wants to raise more money to proliferate the meme. They are divided because the treasury has a limited lifespan.
What's the speaker's take on the bear market?
The speaker believes that projects connected to the institutional part of the web3 ecosystem will survive better in a bear market.
What's the importance of community in a DAO?
The community is the most important thing in a DAO, as they drive the treasury and determine the success of the project. If a DAO has a lot of people leaving instead of entering, it's losing its energy and consensus is crucial to keeping the DAO united.
What's the most important thing to remember when trying to make a DAO succeed?
Consensus and unity are the most crucial aspects of making a DAO succeed. A divided vote can be harmful, so having concessions and alignment before voting is essential.
What did the speaker see happening in the NFT market during the bear market?
The NFT market had its worst test during the bear market, but some collections and DAOs that were well-structured survived.
What's the speaker's view on hierarchy in organizations?
The speaker likes a little bit of hierarchy in organizations as it can help with consensus and decision-making. However, unity and consensus are still the most critical aspects of a successful project.
What does the speaker believe is the most important thing in a DAO?
The speaker believes the people are the most important aspect of a DAO, as they determine the success of the project. However, having a sustainable treasury is also important to fund projects and retain members.
What's the biggest challenge facing a DAO?
The biggest challenge facing a DAO is maintaining unity and consensus among its members. If a DAO experiences a divided vote or an unsustainable treasury, it risks losing members and its core purpose.