Yeah, sorry about that guys. I think it's just my fault for joining when Lucas was already on the account. I should have just joined for my own. Yeah. Yeah.
I think it was on me actually, but yeah, we're all good. A lot of technical problems this morning, so I hope that we can come back. It was super interesting.
Yeah, so maybe a maybe grief has technical issues as well. He said that he had some issues. That's quite upsetting actually because we just started to speak about interesting stuff and the
a lot of things. From what I've heard, one of the options is to like as well we have a RR system so when we donate to Mondao and if it will be a RR system
For a referral link for Mondova then we will get like under we I mean the person could an AIDS and Mondo in total we will get more than 100% back.
give tokens and some of the tokens will be streamed over several years, so actually there are several nuances. But that's one of an interesting strategy that we can somehow utilize at certain points in time. Yeah, that's pretty cool.
I also think that if they find a scalable way of doing text-deductible donations, it will just be a game changer for most of the dolls and most of the projects.
It's just another game. You can do so much with tax denotions. You can own board companies, we can own boards. Really different profiles of people that are living to donate to Mondale and
they basically don't lose anything, they receive their money back. So it's awesome. Yeah, it's a bit more complicated because actually give us pays back around 30% in two weeks and around 30% in a couple of years.
and the price of the token could go down during those years. Still, it's a nice opportunity. Also, I wanted to talk to Grief about a different grants program. I have a feeling that unfortunately he won't join us
today however regarding the grants program there are a lot of opportunities like for example, ENS they provide up to 50k to public goods projects and
We can apply to the grant with the Lunar Comps project actually. There are much more different organizations that we could partner with and that we could apply. The thing is that Grief actually is a member in a lot of those organizations.
And with all those grants, you just have to shield a lot, but do we have a community? And it's quite easy for around 20 people, 28 people,
in the ENS community and we can reach all of them and ask them to vote for a Mundal that's one of the options that we can explore in terms of funding. Yeah.
unfortunately I believe we lost grief today. That's quite upsetting. Oh, there we have grief back really looking forward to.
So let's wait for your second.
often it takes a while for a person to connect. Yeah, it's funny. By the way, look as Pablo can you hear me? I can. Yeah, I'm trying to give him permission to speak.
I think I have the power. Yeah, thanks so much for getting back. Actually, I was also like we were discussing how can we utilize like the new referral system for for Muntawa and also I was sharing the permit.
about NSGrants. By the way, thanks for voting on the small grant, but I also were discussing very same information about Latch, NSGrants. It would be great to agree if you could tell a bit more about the whole RIFI and retroactive ecosystem and your case with the
Optimism, I mean, uh, uh, guess we'll be the, uh, give us. Yeah, absolutely. So, uh, I think that there is, you know, from what I said before, you know, this is not the time to be trying to get fundraising and even crowdfunding is very
difficult right now. But and so me personally with all of my crypto nonprofit projects, I am fully focused on grants. And the grants ecosystem is very developed, especially in like the like network by network space. So optimism
Probably is giving out well their prices crashed a lot lately, but I still think they're giving out probably like 30% of the total grant money that exists out there in crypto for at least for projects like At least for general purpose projects, you know
I'm excluding like all the all the apps that are like superfluid for instance has a nice grants program, but you have to build streaming somehow right whereas these L1 ecosystem grants are a lot more open L1 L2 ecosystem grants are a lot
more open-ended and as far as open-ended grants go, optimism is by far the most generous community out there. So they have four intents right now and you can check them out and you can see if there's some kind of solution
that you think that you can add to the optimism ecosystem that will work. They have a grants council for novel projects, but the thing about optimism is they have a one year no cell rule. So you have to hold the OP for one year before you can sell it for the most part.
For most grants unless you have a way to distribute grants so like for to distribute the funds to end users the OP to end users so
For instance, Giveth has a grant where we are actually using it to-- we got 40,000 OP to distribute to our community. So any project that creates a project I'll give it,
and add an optimism grant any verified project they will get 25 OP right so if moon now adds an OP and optimism address you will get 25 OP we don't have the funds yet to distribute it but I think it's a super cool program and on top of that they also
gave us OP that we can use for a liquidity pool on optimism. So like while there's a no cell rule, we can't sell the OP. We are able to use the OP to bring users to our application and we are able to make a small available
of a liquidity pool with the Optimism token, which is really great. So really happy to have that project and you know they gave us 40K OP to use for that work.
1000 for just to read to our community and 24,000 for the liquidity pool. So it's just awesome, you know, that's that's huge and We're also talking to sell-o and finance and When our virtual comes out with a grant programs, we'll talk to them and we'll talk
to rootstock has a program. You know, all of these chains, like ecosystems, they have their own grants solutions. So one of the key fundraising strategies, in my opinion, is to come up with
with a repeatable pattern that you can use to talk to all of these different chains and say we will bring the space lovers to your chain by building this.
kind of compromise is part of being sort of a nonprofit. You know, you have to make some kind of compromises that will bring in donations where you're doing what the donors want. If you can, what I would say is like the real goal is just to survive.
Survive until the next cycle the next when ethers price reaches new highs This is when you want to be launching a token basically right like then then you can launch your token you can create an economy Maybe you want to if you want to stay small you could launch a bonding curve if you especially if you launch
It's probably good to have a bonding curve to make it to the next bear market. But if you are a Dow, like the end goal, just like almost a company in the States, the end goal is to IPO.
I think any doubt the end goal should be to launch some kind of monetary token that you can build an economy around it. So and that's just not something that makes sense to do right now, but it will make a lot of sense in a year or two.
Yeah, yeah, well, I just wanted to quickly introduce myself. Sorry, I joined a little bit late here, Griff. It's great to have you. I
address called you get nothing and then a million people sent east to the you get nothing address and they literally get nothing for doing so. So I think like right now there's like something like weird going
on where yeah like the meme coins have somehow figured out how to break through and get funding while all the other projects are like kind of confused. I want to get you a take on that.
I mean it's like reading my Twitter thread. I mean it's sweet today that's not exactly this. The problem is if you're a legitimate project that doesn't work. You know it's like look at this great project. Moon now we see
So cheesy, yeah we got cheeses, cheese on the moon, cheese on the moon. Sure, you could try it and maybe there'll be like a nice pump and dump, but then there's there's a challenge there with like first off how do you tap into that market like is
this insider game is there, is this a Ponzi type game where people are like APN in and then it's like a race to get out. I mean that's what they seem. It's like this weird gambling streak and I think participating
that will hurt your legitimacy as a project in the long term. In the short term, you basically have to dump on everyone who cares about your project. Otherwise, you don't make money. So, that's like, it doesn't work for
for a legitimate people who want to do something real, it can only really work for scammers. Or it works best for scammers and their audience is gamblers. So I don't think that it's
It's just a gambling thing. There's lots of people that are enjoying the gamble of mean points. And people are jumping in and some people make money, some people lose money, and there's this lottery feeling to it all.
I don't think it applies to a legitimate project. Maybe separate MoonDowl, a few of you guys go into the dark side and call it the dark side of the Moon and you launch some shit coin.
You dump on everybody and hopefully tell your insiders not to participate or to get in early and dump. But it's just like, I mean, you could try that. You could play that game, but it's a, you're playing with fire and you're, you're likely to hurt your reputation in the long run.
Yeah, it's pretty funny right now. Well, we have a few community members that are really, really gunning towards Mundo creating a BRC 20 using the ordnals Bitcoin chain because it's really hot right now.
and people are, you know, aping in a bunch of money into the BRC but then yeah there's also a contingent of us that are like, "Yeah, we don't really want to touch it." But that being said, Mundo did start at sort of like the height of the bull market.
it in late 2021 and our token mooney was, it basically was a bit of a meme coin but also governance token and it's served us in being able to
is money, but then, yeah, then steering the ship into like a legitimate project from a meme coin-esque sort of community was a pretty tough battle. But I
I think that if a project can strike something between the two where there is some element of fun and meme-ness but also a serious thing behind it, do you think
I think that that tightrope can be walked successfully or is it kind of like if you touch sort of those that community of speculators that you're kind of doomed to kind of follow that fate.
I think it's just you gotta know what you're playing with. You know? Like, there are bounty hunters that go out there and hunt criminals, okay? So they know what they're dealing with. They know that they're about to engage with a very dangerous man. And that's what you're playing with.
when you want to play these games. So you know, you don't go in there with this idea of like, oh yeah, we're going to actually try to get these guys to engage with our project. Otherwise, you're just, you're not, it's mismatched expectations. If you want to play the game, play the game. It's fine. Like,
create an ERC-20 and you know a percentage of people will be like "I like the moon" and they buy something because they're like "I want to buy like I have my strategies to buy like 20 BRC-20 tokens" and one of them is going to be a legitimate project and I'm not going to do any research you know.
And sure, okay, but they're also not going to engage with your project. They're not going to be part of your community. They're going to be funders and, you know, and then like, how do you design your token economy? I mean, you have to...
I do believe that BRC 20s, these ordinal tokens, some of them will take off and some of them will be legitimate projects and will have a future and now that this Pandora's Box has been opened, people are going to have tokens on Bitcoin.
And, you know, but I don't think that a multi chain organization or like, I think you have to be to for long term success. I think you're going to have to be Bitcoin Maxis for short term success. You can just ride the wave. Hopefully. So
I don't know. Again, it's like, you can make whatever strategy you want around this. If there were me, if I were like, "Okay, here's the strategy." Given what it wants to do, BRC20, because we can phrase the money.
I would call it give BTC and I would give it a different brand and I would tell it's such a there's such a risk of backfire. I would give it a different brand and a different team that is like not doing their work in the give a discord and I would just try to make it like a side
hustle. But I mean, I'm not going to do that because I have enough projects to do that. I'll let you know, it's like, if you really have enough, if there's, if there's a lot of interest and a lot of people in your community that want to do it, give them the space to do it. But I would just like protect your brand. Because like,
people will get a bad taste in their mouth. And these meme coins, like you've seen the trends, we've seen the NFTs go bad on so many people because of lack of liquidity. I think the BRC 20 stuff, there's like the liquidity solutions now are liquidity solutions.
I don't know what the liquidity solutions are for these tokens. So it's very likely that the price will go to zero. There isn't a uniswap feature. There isn't a bonding curve feature. These are just tokens that rely on people filling
order books. So unless you have like a market maker strategy and like to give market accessibility, you know, you'll do your ICO and then it's just going to dump that, you know, eventually, you know, supply is going to outstrip demand and the price is going to zero or very
close to for a lot of these BRC-20 tokens. There's just not enough liquidity for them. So I don't know. I feel like I don't feel like it's a good strategy to attach your legitimate brand to the short-term whims of the market.
Yeah, I think that was a great analysis. It's also, yeah, I mean, when you're playing that game, yeah, you're playing it with people who devote their time professionally, basically, to Spike Lee
on these tokens and yeah they're not going to be joining the community or being part of what you're building. They're kind of just yeah they're there just to make a buck and if they don't make a buck they really do get
I'm set. So it's it's yeah, it's a dangerous dangerous game for sure Yeah, and I think we really underestimate the value of liquidity infrastructure in the thermoeco system like you misswap and and bonding curves and all these things like you know
So launching a token is easy. Launching an FT is easy. Creating a market and like an economic system around a token is very difficult. And even with Uniswap on Ethereum and all the sidechains, you know, it's still hard to maintain accurate price discovery and liquidity for
the way for a community of where people have a lot of speculative interest because it's just so dynamic. So you just have like I can I don't know I don't know the market depth behind these and if market makers are really playing it.
But what I expect, because I haven't done as much research, what I expect is that trying the lots of token on Bitcoin is going to be 10 times harder than the lots of token, but 10 times harder and 10 times less effective than what I'm saying is token on optimism.
I believe you are at the top of the hour. I don't know if you have a couple of per minutes. If not then we have to say goodbye. Thanks for all the insight that you have. We have to think of it.
Yeah, thanks a lot and I really recommend going for grants in this space. I think that's where the best funding is coming from for a legitimate project. If you guys are secretly scam coin, then fine, do your other things. But if you're a legitimate project, focus on grants and just
try to survive until the bull market and in the bull market, you know, crazy projects get crazy evaluations that don't make sense. And, you know, take it, take advantage of that. Take advantage of that for yourself and make sure that you can do what you want to do because you guys are trying
to do is too fucking cool. So take advantage of these weird market dynamics. Be ready and have a plan for when ether breaks it's all time highs before and because it could be a month from now it could be and maybe we're already in the bull market and we don't know it. It could be
a year from now, but just kind of have that plan ready and then timing is everything in crypto. So good luck, good luck to you. Until then, just try to waive through the bull market without losing too much of your community. Yeah, and please Pablo, don't don't anticipate
I'll see you guys in the given chats. Bye guys. Yeah, bye. So just a few thoughts from my side. I'm really happy that Grif joined and shared
By the way, if anyone wants to jump on the stage and discuss it, maybe it's the right time to discuss. From my side, I'm really happy to have the grief shared that information. I've been quite deep working on the grants and the communities and I think it's actually great to be
We could do a lot of collaborations with a lot of projects and that's one of the greatest ways. So I'd like to hear comments from everyone. Yeah. Yeah, well, I wanted you from Lucas because we're expanding on L2 with Polygon.
right now and maybe it makes sense also to expand over to optimism and we could apply for a grant or something like that. Yeah, what do you think Lucas? Yeah, definitely. I think that we should really leverage each step of the expansion. So expand for
One chain at a time, you know, to really get that attention and get the partnership from the from the from the chain that we're working with. We had a great great conversation last week, where the guys from Pawdagon Labs and they're willing to collaborate with us. So I think that's the
future for Moon Tao is right around the corner and then we can we can expand for probably going and then optimism and then our bedroom and then yeah a bunch of other sidechains that are great and are aligned with our mission and our values. I'm pretty excited about it.
And I want that actually I really like the community. So when we expand we also have to keep in mind that from my perspective collaboration between communities is not something something
official is when you just start for like you just like people and their mission. I just want to say that I've heard a lot of great things that are really aligned from Optimize Community really likes them and just one thing so very many we have
I Chris Bin has an interesting project related to IUT actually it's called Deepin decentralized physical infrastructure and there are several projects related to Deepin and with whom we could collaborate as well so there are a lot of opportunities and yeah many will go ahead.
Hey guys, hope you do well. Yeah, I just want to jump jump right right on here on the Convo. Sorry for being so inactive today, but I'm currently outside with my fans, so I'm gonna keep it short. Yeah, I really like the ideas of
of connecting different communities, scaling our partnership processes and everything that we're doing here to make it official. I mean, for sure, if we talk about cross-community collaboration, we do not need to make it official, but for example, if we make a joint grant with
polygon to further develop the infrastructure there also for space scientists to build on top of polygon. We can make it efficient and this should be definitely the goal also to differentiate ourselves compared to for example
all the scan projects that are out there. I mean, the main difference there is, okay, do we want to make it quick and dirty or do we want to make it official? And I would say, yeah, let's go the right path and go for the traditional ways of growing our
our communities, our dolls, and just think about the best use cases and opportunities that we have to use with free tooling for the space industry one way or another. And I know that this whole crypto thing and also raising tokens and using different different
And I would say also hype tools in our space is like totally up to date now, but again, we should definitely focus on the right things to build. And I think we are already on a great track with this space skill and the innovation toolkit that we all work on.
with the frameworks for prices or hackathons or grants. So yeah, I think we just need to continue and make it official. Wanted to add that. And yeah, let's continue the Convo and the next space. Good guys. Big love.
Cool, yeah, I agree with both of you. I think that we can support communities and support tech systems, you know, without an official partnership or without saying that we are official friends of them. But it
It just has a different weight when we receive that kind of reward through a grant or that kind of endorsement from the community and from the people that are reading the project.
So I think that's awesome, right? We should definitely, you know, partner with more serious projects all around the ecosystem that we are in and as well as build those institutional partnerships with chains and
with traditional organizations as well. I'm pretty excited about this partnership/quadition proposal that Mia Manuel will be putting up to vote. Pablo Grotesz and I think it would be really again changing
in some sort of way, having at least two people coordinating and taking a really close attention to detail when it comes to partnerships and when it comes to building strong relationships with people around the globe.
Yeah, and one one thing directly to this. Yeah, I'm just excited for for everything that we are pushing forward here and yeah everything is there. We just need to take take on the task and take on the opportunity and yeah do do just the right thing and
And be in this intersection between Web 3 and all the traditional industries and movement that we are tackling here. By the way, I recently had a chat with diesel apps as well because they are like full-time.
talking with the academic world and thinking about also the right wording to transfer the value proposition to these, I would say really traditional stakeholders. And yeah, it's exactly our task to, yeah, I would say also also
So stand for a shift in the way of thinking in one of the most traditional industries of all times. I think space and defense is like traditional at its best. So yeah, let's think about how we can
be this glue between the ecosystems, this glue between the communities and just make it official to also gain official credibility from all these very old-school traditional industries. So I'm just excited guys, let's keep it going.
Okay, Rod, I owe you your hands up, man. Yeah, I just want to add that when I said about communication, this community is official partners are not exclusive. So I just wanted to point out that like definitely we can we should have a social partners.
But also we shouldn't forget that a lot of value comes just from getting in touch with the right communities because the right communities got the right people around those communities. And by engaging with the right communities we will engage with the great people.
people and it just, you know, say a lot of time in terms of networking. And I want to let the last thing about grief ideas is that on our discord we have a lot of, sometimes a lot of questions like how
how to find the activities and today I hope that Grif showed a couple of ways how it could be done and how can we survive a current market and moreover how can we achieve
a lot because a lot of projects emerged from give us like praise board, command stacks and a lot of other things and that's just a thing to think about. So I just want to say that
Personally, I really admire all the activities that Grief does and the way how he builds communities. So definitely happy to learn a lot and I hope that now we have just we know about these ways and I'm really happy that you showed it.
So I have nothing to add if nobody wants to add anything
Yeah, I guess let's just get after it. Thanks everyone for joining in the audience.
Cool, let's close this up and talk to you guys later. Bye. Thanks guys, ciao.