Jim, how are you doing my friend?
you I'm great that is oh I'm great as well this is great because it's actually the first time that we are talking to each other today yeah
Yeah, exactly. Apparently this is the first GM that I say to you. How do you know it all in everything? Yeah, it's everything good. I'm kind of tired because I have YouTube live. And today I have to go, you know, one minute
two minutes before 11 because I have another meeting but that's not a problem. Oh, that's not a problem at all because we finished in the health. Yeah, I just forgot it. We're talking about our vitro today and
It's wonderful how you know what talking about the subject and how I'm pretty involved. You know like I'm I'm actually discussing on forum so that that's weird. But how do you mean how many you are involved in and in
Yeah, I'm trying to point out something like, "About you have 12 guys, but we don't know yet how we will be choosing this console."
Who's this guy? Who's this 12 guys? Yesterday I was studying the arbitrage system and it's like I find out actually many points of centralization.
I think they need to evolve because it is not automatic when you create a talking to this talk to be decentralized most of the time they are not. But I think optimism
not positive from Arbjourn, have been playing a more robust governess, but let's see how things go. Yeah, I agree if you like decentralization is a great
point you know to start you just have decentralization because you used to be centralizing it.
Yeah, but but it's weird because I think that arbitrage is huge and has a lot of members enough to think about this council, you know
That's not how we do anymore like we have a lot of Governess models by cameras or Well very very different, but 12 calls you
like, who's this 12 guys? Are you going to choose them? What the hell is happening? You know? Yeah, also we have another centralization point that is the number of holders that three biggest
holders can beat the rest of the delegates. So this is another critical point here. When you're talking about plutocracies in an ecosystem. Yeah, let's see how things go. And I'm very curious about it. I
They just saw lots of people commenting on that because you know people like free money, but they don't they don't really understand the things involved. It's not talking and that's the most important thing. Yeah, and like when you swap it out like you're gonna swap it out with just the votes in
And that's it, rest, you know, like, brief. There's no more, not yet, like, until protocols, born, because of course we can have some protocols where you can, you know,
They'll get your whole team power and receive payments about inflation and stuff. But it's weird because people are like, "Oh my god, the token has no utility." Right? It's a doubt token. What the hell is looking for? Yeah. Exactly.
Exactly. People don't really understand the big picture, you know. That's the most interesting thing. People get into the ecosystem but they don't realize the big picture.
have, how things have a purpose or a motivation to be created. And if they don't have, why they exist in the first place. I have some news here in my screen that I
looking into and I just want to comment with you and see a little bit over your opinion. One of them is actually it's an interesting news. It's Coinbase creating flat coins. Flat coins is like
I don't know if it's a new concept created by Coinbase or something that they have been inspired from other players doing the same but I remember seeing something like
but not with the flatcoin name. The flatcoin is like a coin that is like a stable coin but it is attached to the inflation. So every time that we have like CPI or
inflation rates go high, the flat coin will be adjusted to evaluate more. How do you see that kind of stuff? It can be helpful, it can be better than normal stable coins, would you think.
I'm sorry, was the question I was lost in Twitter. Do you think that flat coins will be better than stable coins? What do you think about it? I don't know about stable coins anymore since the USDC lost the
It's peg. Yeah, but I can see regulation issues, you know, so it can be worse to this flat and stable points. Very soon like I'm see a pressure from regulators. What do you think about it?
And I think stablecoins, Pagodon, will be not too good in a future scenario. Yeah, it will be hard. Yeah, I think that stablecoins are pretty hard to maintain in the long run.
because all the stablecoins that we have in the market have depagged in one moment or another. Die have depagged once USDT, USD, and you don't even talk about it.
But USDC lately so all stable coins have been passed from all big stable coins having passing from this issue of Z-packing and when they de-pack they have massive
People get afraid and people freak out about what's happening. So I don't think that this model, this stablecoin model, like one to one will be further
Maybe yes, but I don't think we'll be. Maybe we'll have something like a flat coin or something like like a non-volatile. Do you ever saw a non-volatile eat? Is an acid?
that don't go when it goes too much up, the acid don't go that up, go a little bit and the opposite is true when it is dumped.
You you get less losses than the other person so yeah, and what do you think about about right? The decentralized it stable point I don't have much
of opinion on Rive because I didn't study it. I know that a lot of people study it, Rive, more than Mesa. That's that. Another thing is I don't use Rive so I can't.
I have an opening on that but seems like a great option to the stir book ones that I have right now. We have the RV team building the H.O. The H.O. promises to be a stable
a different stablecoin. But what you said, it is basically the biggest pain point of stablecoin. Is this a revelation? Exactly. Not only stablecoins, but X-changes as well. Do you mean stablecoins? Yes.
Yeah, because extremes are easy targets, you know. They are very easy targets. They are well-regulated. Most of them, Coinbase included. So if they do something that the government don't really like,
or enjoy mainly the US regulators. They can just put a plug, you know, and okay, don't do that. It can be like Facebook. Facebook had a project of
all my stablecoin in their ecosystem and they just said no you will not do that. So yeah that's something it would be called like Libre and never never
went to the light this project. Another news that I want to have your take on if you have any opinion on that is that Disney. Disney is closing
the matter of the sector that they created in their in their is it on polygon I think yes I think I remember I saw something related to yeah polygon
Disney and well yeah Disney now is closing the operations the matter of restorations how do you see that because Disney is a giant player you know but at the same time were there just they did it really
understood the deck and the culture. Like, forge, like a lot of companies. Yeah, I love to talk about it because you know big companies too, too, try to
use their names to promote what they are doing in this ecosystem but we already know that this kind of this movement doesn't work and I don't know I hope that Disney
I'm tired, Web 3 guy there because I'm tired of seeing traditional companies not hiring Web 3 people and trying to do everything through LinkedIn. This is where to me actually. But I'm going to
I think it can be good in a onboarding bias. That's my point of view. Also, I think it can bring a lot of entertainment fields to this
ecosystem like okay we can see things that we didn't see yet but yeah Disney is huge so I don't think they will do fail like this here I don't fail
So, but yeah, you can it can happen. Of course it can happen But I believe this part of entertainment and web 3 and I like it actually like links protocols is a social media, of course a huge protocol but
In the end of the day, it is entertainment. It is a social media. It is somewhere to connect. And I think that Disney can bring another entertainment part to this ecosystem. It can be great.
Yeah, I like to see companies migrating to up 3 in a correct way. The first point is that Disney didn't launch, I ran them collection here. They're trying to build here, so okay, this is a differential.
I'm sorry to say that but actually Disney is leaving is leaving here. Okay now I got it. Yeah why? I don't know I don't know just announced that their their operations will be closing.
and the matter versus. Oh yeah, oh my god. I don't know. I don't know. I don't know. This is the first day, the first sad day for the polygon business developing. Yeah.
lost the apartment. But I don't know, actually I don't know if Matterverse includes WebTree actually because for me they are separate stuff. Yeah they are of course separate stuff. Yeah, yeah I know because when when you are talking
about metaphors, if you're not talking about the centralize it thing for me is not metaphors. So when I talk about metaphors I'm talking about the centralize it space. So to me is this and okay since Paul gone and and Disney were together I think that
would be kind of the centralizer. But man, these layoff things, you know, going crazy. Yeah. But at the same time, I think that most of these people weren't like factory folks. They were like more VR and AR.
People know people that are more constrained on mutual reality Yeah, but VR is just a two Yeah, yeah, just a percent true. Yeah, but most companies most traditional companies considered like matter versus as VR. No
Yeah, I understand you. I have another opinion, of course. I believe it. But if you're talking about VR, okay, companies get over it. That's not made of us. This is a two-mata. It's not a matter of us. It is pretty centralize it.
Facebook wants to shut it down. Yeah, it's not there, you know, it's not solid. Yeah, yeah, I remember my talk about metaphors. I don't like to talk about metaphors. I don't know why, but I, I, I have to speak a talk and
event in Santa Catarina about metaverse and I was talking about the decentralization of metaverses. You are talking about another space, an alternative to this reality. Let's put it like this.
If it is not decentralized, what is that fucking point? Because you are already leaving a centralized world. You have governments, bosses, you have a bunch of centralized points.
not decentralized if you have a technology that permits us to be decentralized. Why not? Like, you know, what you're doing? You're just creating a game. This is not metaverses. It is immersive experience.
That's the thing that I'm talking when I'm saying about people don't get it, most companies don't get it yet because when you're talking about the real metaverse about what it proposes to be.
One of these things is permanence. You always have this world that is constantly there and will be there for a long time. Even though you are not online or other people are not online, this world is going on in parallel.
And as you said, Facebook or other companies, they can't provide this kind of permanence. They can't provide this kind of permanence for infrastructure reasons and because they are centralized.
have a centralized mindset. And when you have things like Ethereum or other change that you can do stuff, you can materialize this matter. It's because everyone can have their
their things and start these things on own chain. And this matterless world will be always there permanently because the infrastructure is there in the mindset of running things on a decentralized manner is there, you know.
It's such a buzz world, but buzz world, you know, maniverse. And I'm talking about this layoff, layoffs as a crazy
stuff because well where does this live in this part does not live in this buzzword because you know they are a Disney Disney is the Queen of the buzzword yes this is weird as well yeah let's see what
what this actually means in the in the median and long run. I don't think that Disney will get will get off of every every single point of life. I think they will have people there that are researching and understanding the business
models that they can build here. But I don't think that will be their main focus right now and I think that they will lose a lot of good potential. They will leave room for other creative studios to create stuff here.
In a point it's good. It is good that
For small, small, medium, studios, creative studios, they can't create here without copying with Disney, you know.
Another thing is about Ticket to Master is a name says is
Ticket platform. It is launching resources that include it and includes NFTs. So a lot of people have been talking about NFTs being a ticket or membership
Gateway or one of these being the one them for the most practical ways to use case NFTs How do you see that do you think that NFTs will have a huge market on tickets and and stuff like that?
membership. No, not yet. No, not yet. And to the on board, until the infrastructure parts as wallets and
In the next changes UX improvements, we have a long way to reach NFTs. We do it easily because we already know how to do with Metamask, we already know how to do with Chains, but yeah, most people
I don't know how to do it. That's actually wasn't what I was expecting over you answer. I was expecting that you answer, "Oh, of course, yes, and you surprised me a lot because
What you have seen is true. It's honestly the biggest truth of the R ecosystem. R ecosystem is already for a massive option yet. Mainly because wallets are secret reasons.
We don't have yet a lot of good UX people are losing tanks nowadays, you know, because of this. So it is, it is a lot of... Not people losing NFTs in Hex. There's no...
It's creators. Like, yeah, that's weird. So, no, not yet. Like, okay, two years, three years later, we can talk about it. Yeah, but not now. I think Madam asked all the rawlets.
you know UX, exchanges on-ramp, off-ramp has a great path.
something like what Reddit did in the avatars. The avatars inside the Reddit platform, they are like
You don't even notice that they are in FTEs. But it is an FTE when you don't know it is an FTE. But you can trade, it's inter-op, having a drop. You can go to an open sea and sell it. You can just start to know. Yeah, I know what. But how many people do you know?
already 10 FT's like one million and FTs and we know you know 10% actually knew that is an NFT. Yeah, but at the same time he's like this is not how mess adoption looks like at the end of the day.
It is not how measured option looks like at the day like when I imagine measured option like really measured option like when I'm talking about five six million people
holding the same NFT because of some tickets or stuff like that. I imagine they are not even noticing that it is NFT, they know they own it.
they don't know it is NFT but the guys that know can sell on a marketplace can trade can do stuff you know it is not what my adoption looks like what do you think
Yeah, we'll think a method option will be different from that.
I'm thinking about it just a second you're you're making me a no-word but yeah I agree if you like when when we use a contactless card for example I don't know how to I don't know how it works but I know I
I don't need to know how it is. I need to know I'm dealing with blockchain. I need to know that I own it.
Yes, that's my point. So okay, we are connecting our our two point of view here Yeah, mess adoption looks like this, but we I don't like this kind of It's not on me. Yeah, but you know, yeah, yeah, yeah
We are buddy and not. I had this, let me be honest with you. I had this feel like, okay people will know what NFTs people will know what the boxing is, they will, boxing matters.
You know, it matters if it is on the theory, if it is on polygon, if it is in solana, if it is on a permission, permission that chain that nobody knows, it matters. But at the same time, I really was worried about
But at the same time for the 90% of the people, this will not matter, but for the 10% of people that know stuff and they will trade stuff and they will use the tech on their planet tools.
Let's say this matters and because this matters for 10 people, it will matter for 9% of the people, but they will not know why. You know, they will know that just 10% of the people that understand attack approve this, approve or not, you know.
Yeah. And yeah, but I at the beginning I didn't like it. I didn't like it at this point of view because I was very frustrated on on this kind of NFT launches that were hosted by big companies. There were not even on
You know, they were just on a random chain and I was pretty upset about it, but I get it. I think that Mass adoption will... Mass adoption, it looks like not when you're not need to convince people anymore, no?
Yeah, exactly. And I don't need to know how it works, but I need to know what I'm using. Exactly. I don't need to know about the whole technology. You know, you know that it's good. Is it true? Any, any, any, any, any, it proves your life.
I think that's the point here. But I think it's that then for our jam today. We talked a little bit about it a lot of great things like art and mass adoption and stable coins.
and they look like, yeah, oh god, layout, that's crazy. World's crazy, another day, another drama, or another day, another day, another day, a lot of drama. Thank you, Danny, for being here. Thank you, the whole house, for the community that is supporting us with the
this jam. We are here every day sharing news, sharing thoughts and it's always great to say jam to you then. - We also can say the same. - Thank you. - Jam Jam, my friend, have a great week. - You too, bye.