Into The Interchain w/ Shade Protocol & Frens

Recorded: Oct. 19, 2022 Duration: 0:57:10

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Hey everyone, Carter, I will bring you up as a speaker and I will bring up Fisco as well.
look man has the fastest draw on the west i mean that that's unbelievable dare i say almost programmatic i it's it's impressive either way just right right on the draw
Actually speaking of into the inner chain, the Terra space is. Account would be interesting to bring up here if they wanted to hop on and talk about their experience with what it means to cover and listen to the entire inner chain because that's a.
It's a fascinating role. Yeah, we can definitely bring them up. I know we've got a set agenda to cover and then for the community portion of the call, which will probably be a little bit longer today. I'd be more than happy to bring them up.
Boom, deal.
I see that you're requested. We will definitely be willing to answer your question during the community portion of this call, but we are going to have a
a panel discussion here with Carter and Fisco and myself and then when we get to the community AMA we can definitely bring you up if you if you do have a question.
Perfect. That's how you're response in the chat there. Well, yeah, I think we'll let the room fill up a little bit. If you guys haven't shared the tweet that I just sent out saying that we're live, please do. Please like it and re-tweet if you can.
We'll try and fill the room here in the next couple minutes and then we'll get started. I do have a question. I know here at Shade Protocol, we're always curious about what fall is. I see that there's something that changed with the Shade Protocol.
profile logo because you can walk me to that. Well, he's actually in the call, but our UI UX designer, Judd gave a little festive update to the shade protocol.
logo here, but it's just a spooky version of the shade protocol logo. So
that if dark by wasn't spooky enough yes exactly but hopefully we'll be able to we'll be able to kind of tweak the the shade logo to what's going on throughout the year but this is just the first of many
Who else do we have in here Carter? I am Fettas. I've seen you on Twitter, but I actually don't know if I've ever seen you in a Twitter space, so welcome.
If I'm not mistaken, the legendary Yoda, one of the OG Secret Network members, I might be completely off on that, but I think that Anon matches up. Nice.
Awesome. OK, let's give it one more minute here, 60 seconds, and then we can jump into what we're going to talk about today.
Alright, let's kick it off here. First off, everybody, welcome. Thank you for joining the Twitter space today. So today we're going to be covering a new series that we're starting here at Shade Protocol called Into the Inner Chain with Shade Protocol and Friends.
Basically, this is going to be a Twitter Space series and a YouTube series that we explore the inner chain, we explore all the projects that are going on in the cosmos and beyond and what they mean to the cosmos and how they're impacting the ecosystem.
system overall. So the first question I want to pose to the panel here, Carter and myself in FISCO, is how important is education not only in the cosmos, but in the DeFi space, in the crypto blockchain space.
Yeah, I think I think essentially like education and community are really tightly interwoven whenever whenever you're able to sit down with a different community and talk with their thought leaders or their community members and just share with each other about what you're building really
opens up this opportunity to teach other people about the protocol and allow them to join our community. So I think the value of education is it's also like an opportunity to build build community. They're both very interwoven into each other. And the more friendly we are,
with educating anyone and everyone. You want that welcome to be very warm and welcoming. I think it's a big differentiator in cosmos. It's just like this open source community. It's not super tribalist
I think interl ones have a lot of politics and drama, but I think like IBC wide, there's a lot of alignment with the dream of cosmos, which is why this is called into the inner chain. It's our opportunity to kind of
side step, the politics and the drama, and just return to the basics of learning about all the different protocols and the amazing builders and the stories behind them and allow communities of both sides to peek into something new and something fresh. That's ultimately what this is all about.
Absolutely. I think the really key piece is that the community, the welcoming of the community and new members to the community always has to be the warm, the warm and the fuzzy. It can't be.
the cold kind of calculated approach. Otherwise, there's a very, very distinct drop-off in user retention and user acquisition as well. But Fisco, I'm curious if you have anything to add to that.
Yeah, definitely. I think education in the cosmos to bring it back a little bit to the initial question is going to be most important on the adoption side of things. So like to have the community be able to really drive
from what you said that warm and fuzzy but to come in and have community members help train up other new community members that are getting involved, whether it's DeFi, Gaming, or just general knowledge about the inner chain, I think is super valuable and something that the Cosmos really has that sets it apart and there is at least
in the circles that I've played in in the cosmos, I feel like a real sentiment around community-based education where people love to help one another out. So I think from a user-adaption side of things, that's going to be invaluable moving forward as the cosmos continues to grow, having that community-focused version of education.
education. That's a lot more natural. It feels more welcoming. And I think that really lends towards building strong community of people that get deeply involved in the cosmos and people that stay around and stick around for the long term. So I think as far as education in the cosmos, that's one of the biggest things is
adoption and retention that it really helps for of bringing people in that get plugged into communities and stay. Yeah, that's a super good point of when you create a community that is able to answer the technical questions, the
The opportunity cost of actually joining the community goes way down because you don't have to find a specific person or specific someone that is the only person or maybe there's a group of people that only know how things operate. If you can create a community sentiment of understanding and have them be a knowledgeable base and a resource
source for new community members, the adoption curve can hockey stick pretty much because there's no, again, large opportunity cost or technical adoption that you need to make because it's very accessible, it's very easy to be onboarded and to join these communities.
So I like that point a lot. To pose the next question, specifically to kind of create this environment where communities are technically knowledgeable, easily adaptable and easily on boardable for new members. Carter, we've kind of mentioned this a little bit, but like into the
like specifically what are we looking to accomplish here? I believe that into the entertainment is an opportunity for any projects that wants to come and talk about their project in depth.
with everyone in a very accessible way in the form of Twitter spaces is really what we're going to be focused on. I think especially in a bear market when things can kind of get a little depressed and communities can start to feel a little isolated. I think more than
than ever, it's important within the IBC community for people to focus on collaboration and knowledge sharing and like teaching each other's communities about each other's products and values and ethos and history. I think like all those things are net positives.
Like it's one of those things that no matter what market conditions are your community can always continue to Understand the product and the vision better and better and better right such that that onboarding experience and that that open door that welcome Matt is is extremely large no matter
what? And I think communities that are friendly and focused on that knowledge transfer in the middle of like depressed macro conditions, I think they really stand out. I think having a community built on hope and knowledge in an environment that disagrees
with both of those that says, "Hey, give up, walk away." I think that stands out, and I think Cosmo stands out in that sense that there was Cosmo vs Colombia. I know this was talked about on the Banquist podcast, 1500 people in the middle of a bear market all coming together to talk about what can we build?
How can we change this future and the focus lying squarely on the tech and what can action normally be done? That's kind of what into the interchange is all about is pulling people together, teaching them and allowing these projects to collaborate.
Yeah, I think what you said about about like creating the sentiment is is one of the most important pieces that the knowledge transfer the ability for communities to to be knowledgeable about their own product and other people and other projects products is really important but the sentiment piece
of collaboration and working together and making sure that everyone is included is very important especially in times of downturn or like you said like everyone's in a slightly depressed state and just macro
conditions. And so I think it's really important to kind of foster the environment and create that for people to feel invited and to feel welcome to discuss their products, discuss their projects, and then also like you said learn about these other projects that are maybe doing the same
thing, maybe doing different things, potentially doing the same thing but slightly different. And it's just that it's a good place to educate yourself. It's a good place to come and enjoy the company that you can spend time with. But just go, I also would love your opinion as well. I would just jump in really quick and say like one of
The things I really want to challenge into the inner chain series on is we really want to touch on what are the biggest challenges that have to be overcome? I think the history of every chain and every project, there's things to be learned
from everyone's journey in crypto like I think that's like the favorite question always asks is like what brought you to crypto right that's always like a unique yours unique answer for darn near every single person and simultaneously like what is the biggest problem to overcome for your individual project there's always going to be unique answers to that
And I really want us to dig into the heart of the problems that are being solved here and why they're meaningful. If we can do that and really dig into the nuance of it, I think it's just a very richness there that we can dig into that's going to be beautiful.
Yeah, if this goes if you if you have anything to add to that or want to state anything else go ahead Think it's covered No worries
I agree if we can conceptualize the history, maybe the mistakes that have been made, what has changed and then what moving forward everyone can do to be more successful in the space.
super, super powerful thing that we can, that we can kind of bring together and foster in that environment as well. So in, in kind of talking about like history of projects, maybe things that went wrong, maybe things that weren't done as, as
as well as they could have in hindsight. I guess how are we going to be approaching these situations? I want to make sure that the community knows that we're going to be approaching them as neutral as possible and just being very objective and being
being as kind as possible as well. So I guess my question to you Carter and Fisco and potentially myself if need be. But how are we gonna conceptually approach these things as in a neutral way as possible?
Yeah, that's a good question. And I think that just goes back to the heart and sentiment of what into the inner chain is going to be, which is a community space for just learning together, here in stories, sharing, sharing history. And that really, like, I would like to
to think that it kind of like goes back to like old like Greek forums and community debate and community discussion where we can just hang out and all objectively together discuss our histories and crypto the future that we see and collaborations in the entire
Cosmos ecosystem. So for me at least it's really just we're as should protocol happening to be the ones that are that are sitting down and talking with a bunch of different people and we're super lucky to be able to do that. So as this continues to develop and we've talked more and more people it's just really all about sharing
the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past, the past,#
part of what into the inner chain is going to be seeking to develop. And for the most part, it's just us creating a space for that to happen. So really looking forward to all of these conversations and cargo S.U. Unmuted there so I can pass it up to you as well if you go to Piggyn's on there. Yeah, I know. I want to piggyback
back after that. I think this is a great answer. I think Cosmos is extremely unique for this type of series because the app chain thesis essentially means that it's like a hyper rapid experimentation, right? Like app chains, every single app chain has its own set of governance, right? It has its own set of
validators, it has its own specific community. And so we're spinning up all these different microcosms rapidly. I think it's like 40 plus at this point in the cosmos and that number is guaranteed to double triple quadruple like in 2023. So and if you think about that,
It means everyone's running these experiments, but there's components of the experiment that are the same across all of them. It's like infrastructure problems. You have the governance side of things and you have kind of value accrual ethos and differentiation. And so I think like we have a super unique opportunity.
opportunity, specifically on the governance front to pull in people from their own chains and half people, like shared the problems that are encountered because every chain has its own community with its own ethos. Then they're all governance, but governance and cosmos has decay, has shared
components. And so I think Shae Protocol, you know, running into the inner chain has the opportunity to like unify people across the cosmos in a really interesting way and to focus on like what it means to improve, improve governance, what it means to improve collaboration.
between communities that are super decentralized and there's a lot of entropy with more centralized actors and protocol leaders. These are very real problems that are also mirrored in the real world. Governance is the ultimate human problem, organizing people in a fair, equitable, efficient, productive manner.
is the ultimate test of mankind in many ways. So I'm super pumped to pull all these different leaders from separate communities, bring them into a neutral forum and a neutral space where they can share their story, share their core problems, and let's create a dialogue.
challenge each other. What can be learned to your IY? I think we need people challenging each other in a healthy, respectful way and will definitely be very neutral moderators in that sense. And so separate from governance as its own subcategory, I think then there's the
the history of what it means to create standards that unify everyone and like I know like all the different teams in the in the parent hub with cosmos like there's there's so much richness and nuance there and I would love for us to be able to dig into like the history of the decision-making
making that the parent hub has made and the parallels that can be drawn back to the history of the internet and some of the debates and observations that can be made around that. Like challenging the direction of the cosmos SDK, of cosmos and all these things and like having the builders
themselves, the app builders themselves, having a dialogue with the people that are creating those standards. I think there's a lot of room for opportunity there too. So those are a couple of my thoughts. We can take into the entertain in so many directions, but it comes down to there are hundreds of experiments that are going to be happening in parallel. How can we pull people
across these different experiments, unify them in a single forum and have everyone walk away with something fresh and productive from the conversation. Yeah, I think those are two beautifully worded and thought out answers. I think those encapsulate exactly
what we want to accomplish here, how we want to accomplish it, and moving forward what we hope will be the end result. So I just want to pose if Carter, you have any questions for Fisco and I or Fisco vice versa if you have questions for Carter and myself, we should ask them to each other
now and then we can kind of focus a little bit more into the community side. And I see two community members in this call who I think we have a great opportunity to invite to the stage and kind of discuss briefly a little bit about that Cosmo sentiment and what we can start to look into.
I guess my question would be, what's the story that's trying to be told with entity energy? If people listen to 10, 15, 20 of these energy
views or these Twitter spaces like whatever this kind of idea turns into, what is the story and thread that is unified across all of them? That would be my question and my challenge.
Yeah, I think go ahead, let's go go ahead. Oh, I was just going to jump in and say the first thing that always comes to mind for me when I when I think about any sort of collaboration across the cosmos is just development of community. I think with the cosmos we've
We've got a really unique opportunity here where the cosmos in general is kind of pre-industrial size. So we're at a place where the community that we develop now is going to move into the future and with the cosmos as it grows.
continued to develop a sentiment of community, of collaboration, of partnership, of sharing, sharing knowledge of working together through different community forums like this, through Cross Chain collaboration in general. I think that really sets up the actual kind of ethos of what the cosmos is.
is to, as it continues to quote-unquote, "industrialize" or grow, it's set up to grow in a healthier way and a more community-based way and a collaborative way. So it's the ones kind of like that rudder of moving the cosmos forward in that community sentiment.
So to paraphrase that I just heard into the entertain wants to be a cultural hub that maintains and pushes forward Cosmos' core values regardless of what stage of growth we're in. 100%
Yeah, I think I would echo that a hundred times over the threat that I want spun within to the inner chain is the ability for someone to come in and listen to all of these episodes. However many there are, however many there end up being, and be able to progressively see thoughts
leaders, community members, coming together, discussing what has been, what have we experienced, what has gone wrong, what has gone right, what have been our successes and failures, and how are we looking at them today to move the cosmos forward and move
move the thoughts and ideas and the processes to become more successful. And like Fisco said, the cosmos isn't really in that industrial stage that other ecosystems, that other companies and businesses are in.
It's still very young and I don't think a lot of people fully take that into consideration. I want this into the inner chain series to really encompass how is the cosmos addressing and then how are they moving forward.
Is it is a Portland that has the kind of saying for their city of keep Portland? What is it? Or maybe it's yeah, that is Portland. It's keep Portland weird. Is there Austin's got the same thing to both of them, but we want to keep keep the cosmos
DGN, like obviously as we grow, we want to onboard institutions and we want to have that real world adoption. But at the heart of it, we're a bunch of DGN still and we want to cultivate that community, I think.
as long as they don't do anything too crazy. But yeah, I think both of those Carter, I think that was a great question to ask. Fisco, do you have anything to ask of Carter and myself?
This is just a Maybe it may be item for the community that would be hopeful. How frequently are we gonna do this? What's the what's the goal for onboarding? Who are we interested in? I mean at the beginning kind of what's the initial direction we're thinking for for this? Yeah, so I think like like Harden
I have always said and I think everyone else agrees and I think we've actually said this on other Twitter spaces as well, but Scoped experiments are awesome. And so I think a very scoped experiment of we're going to start with these once a week. It's going to replace the current slot for our Twitter spaces on one
Wednesdays at this time. And it's going to be this year and we're going to start it. We're going to educate the community about it. And we're going to see how it goes in terms of attendance, in terms of conversation. And for your second part of the question, Fisco, who were targeting to start? I would love to
target osmosis, I would love to target Kujira considering their past history and what they've had to overcome in accomplish in the past nine months or so. And I would love to target just very direct cosmos chains that
are in the public eye currently. And what are they doing? And again, we can go into all of the things that we've discussed. But my two wonderful starts would be Osmosis and Cugira, and then obviously moving into every other project that exists on the cosmos.
But for me personally, that would be where I would start. That's interesting. I have a different answer. In the spirit of cosmos, in the spirit of disagreement, I would love for us to formulate a panel
type of a deal where we pull three or four founders or app builders from totally different smart contract ecosystems within the cosmos and then have a high level discussion. I think a really interesting one would be like
debate and discussion on the state of crash chainsmart contract calls like what's actually doable and what's not actually doable what are the what are the real constraints and what can be done to solve them right like a super real problem that impacts every single cosmos chain and you grab thought leaders and developers from different ecosystems
You drop them in the same room, you have an agenda, and we just let them go at it. So I think there's like so many different directions we can go. We can specifically target singular app chains, or we can try to formulate larger discussions between the different chains. And I would love for it to be a combination of both.
I have no rebuttal. I would definitely agree. So yeah more than more than happy to to approach it in any sort of way that is seemed
best as a best fit. But yeah, Fisco, I guess, thank you. Thank you. Also a very good question. If we don't have any more questions between the three of us, which I think we're all good, correct,
I'll take the silence as a resounding yes. Then, I guess, let's start on the community side of the call a little bit. And like we were mentioned previously Carter, I would love to invite both Terra Spaces
and sefy up to kind of discuss one terrestrial space is kind of how you just viewed the cosmos as a whole. Obviously you are a very key pivotal person in all spaces that kind of exist in the cosmos. So one would love to hear your opinion.
and both of you are just kind of OGs as well. And so it would be wonderful to just kind of have you guys on here as the introductory to this series. I'd love to know from there
perspective like what they would want to see from something because they're both big Twitter space attendees and so I want to know like what type of discussion do we feel like the cosmos is lacking and I would love for into the entertain to be part of that value creation for the larger cosmos with those discussions.
Absolutely.
Hey, morning guys. Yeah, Finn has become like kind of the almost like a historian of Events over the past year or two and like I think sort of
has intuitively discovered that like nobody's keeping a record of anything going on and he's taken upon himself largely on a volunteer basis with a lot of work to sort of like record
record a lot of interesting combos between people and a lot of it obviously is just ship hosting and bullshit too but like yeah some of the interesting conversations he's picked up have been very important I think
Yeah, absolutely. I like how you said he's he's basically the historian of the cosmos in regards to conversations that have happened in between Yeah, interesting. He kind of compared himself. I think one time which is probably accurate to that You know in a ready player one. You know, there's that like
librarian character or whatever. He's kind of like playing that character in a sense which is cool. Yeah, I mean it's funny how like everyone can find their niche doing something interesting within these kind of like greater communities. There's like tech people. There's people that
like you said, probably need to be more involved in the governance angle. And in the real world, there's actual hold degrees in things like political science and military colleges for things like warfare and stuff like
There's like in my profession like in the medical community, there's like a whole realm of how you communicate with people If you guys have paid attention to the crazy like Banta are between like people like Jake Juan and and Jacob and Jacob
And as far as like Just like you take two people that have like things like bipolar or elements of parent pronouns get spring in you put them in a room together. This is what you get on the internet, too So like the tricky thing is like there is a lot of genius out there And I've found in my life that actually you know how
There's this like push towards quote unquote tolerance, you know like this woke is a tolerance thing I find that in the real world like most people can't tolerate shit Like the reality is is that like it's one thing to say you tolerate certain things about your community certain people within it But the reality is is like
You get these weird dynamics where I think some things you just can't tolerate because they just break from the ethos entirely right and then there's other things that you have to learn to tolerate because if you don't you can't get to like the golden you know now get in the middle or whatever
like so you can't throw away human being outright but then at the same time it's really really difficult to work with crazy and I think you'll see that throughout the internet it's been that way throughout like the internet's history to the dark web and also it's a fuckery that's gone on and and it's I've
I've learned some things too, like as my stupid Twitter account has gotten bigger, it's like now you just can't say whatever the hell you feel like it anymore, which is another weird problem. It's like there is this sort of like inappropriate amount of credence paid to people with a certain amount of following.
And there's sort of like, I don't know, this sort of like unnecessary amount of like authority place on people that can do this sort of thing. And that can be good or bad, I suppose, depending on the case. But yeah, I've just been learning a lot about
this like through communicating as a physician related to stuff like imagine being a lung doctor having to communicate about COVID and vaccines and whatnot with like cities and hospitals and things of that nature which I had like a roll in like the signal to noise ratio
with communities becomes really a complicated problem to navigate and I think you guys will all realize this if you do this long enough whether it's in tech and business and like whatever it is and I think this like community building
thing actually gets really hard after a certain scale. So like you guys said, while it's early, you have the most serious proponents of your particular blockchain, your particular idea, your ideology, whatever it is. And it's beautiful that you can create that in Cosmos, but it does tend to also
be to sort of like fragmentation into little microcults as you might imagine as well. And yeah, how to navigate that wholeness ends up being very Darwinian. It's like whichever ideas are really good survive and the ones that really aren't tend to just die off eventually. And I think you just have to trust the process. I have a
general tendency to sort of like remain generally hopeful about humanity like that's my my bias and the reason for that is just look around like it's amazing with all of the chaos and mayhem in the world that we have the world we have right like civilization somehow has done all of this despite us or we
So that's why I kind of tend to remain relatively optimistic. I think it's mentally healthy as well. The people that are always like paranoid or completely like complaining about everything. There's a room for those people. There's space for that. Like there need to be critics and everything too.
But sometimes I can just detract from actually accomplishing anything at all. So yeah, I don't know. I'm just rambling. I think one thing I've noticed about, I mean, I think you called it the quote unquote crazy, you can call them, I view them as they're like Mike, they're thought leaders within a little
micro community with a certain subset of followers that are willing to be contradictory or not and they don't necessarily adhere to that micro communities rules surrounding communication. And I think the reason why something like into the interchange
And it is interesting if we do it right, is like those people have a lot of value to add to the conversation. But oftentimes they end up hurting themselves and their cause and their view in the process of that communication because they're actually isn't like a structure to that communication.
I think if there was a space that was really well-run, very sharp with code of conduct, you can essentially build a culture around, "Hey, here's this platform, but you're going to have to be really sharp and it's going to have to be focused on solving the problem and actually
ideas themselves and you essentially don't allow this subset of super smart people that aren't necessarily don't operate well in a world where anything can be communicated on any time. I guess to a degree like the world of Twitter where you're like one tweet away from a conflict but if you can actually give like a room for those people that's extremely well
well moderated, handled with like an agenda and a plan. Then there's like a lot of value to be had and actually a lot of diplomacy to be had, a lot of peacemaking to be had and a lot of momentum that can be created from it. Because there are so many brilliant quirky people in the cosmos and a lot
of it, like you said, can devolve into their own little micro-cults, lack of productivity, bad things happen, people can be at each other's throats. And I just, I'm of the opinion a lot of that happens and a lot of itself inflicted and it doesn't have to be. If there are cultural hubs in the cosmos, in the form of something
like into the inner chain that can help those people not self inflict. So I mean, that's like a very like, I don't know, does that make sense? Yeah, like if you like if you've never been to say, for example, I don't know, a scientific conference or like a medical conference like, you know, I do these kinds of things.
like as a norm as part of my career, right? There's sort of a ethos, there's a like a code of conduct, there is sort of a professionalism that goes with that. And you know, you can have your various opinions, but like the
If you're not based in some sort of data or driven by some sort of like specific vision that makes any sense like the crowd's gonna get bored very quickly like the you know you can't bullshit that crowd very easily especially at a very high level. Whereas on the internet the thing is like
You have just a little bit of everybody imagine the general public just showing up at like I don't know American College of test physicians conference or Society of critical care medicine conference and just carrying on right like it'd be just complete nonsense So that's another thing about sort of internet communities
is that like it's easy to assume that just because you participate like that like I know what I'm talking about regarding everything crypto or something like that right it's a weird it's a weird sort of self affirmation that happens and I don't know I don't know what the answer to it all is
That does kind of go with the thing that you hear all the time in D-Files, the little bit of a joke of everyone's an economy.
And it really depends on a whole lot of factors of whether or not there's validity in individual.
Awesome. Oh, it looks like we lost Fisco. Yeah. Well, that's all right. I can continue. I can't continue as red really quick before we jump into something else. Like essentially, I think there is like this interesting paradigm of everyone, anyone who's a stakeholder,
has a voice and then I think like human cognitive bias says that like well my voice is equally as important as someone else and so then there's like this really interesting philosophical question of do you treat every stakeholder the same and I think like Cosmos has definitely found
I would say for the most part that that answer is yes, but then like the practicality of that and the execution of that the answer that is no. So yeah, this is where like this very interesting philosophical questions tied to yeah, what what happens when you have a quote unquote general public walking into a
physicians conference and it's an interesting analogy to draw. One thing I will say though is that a lot of concepts in blockchain with economics that anyone can learn them, right? So it's like the ideas are more accessible than like a physician where you have to spend, you know, a decade of your life to
be integrated into this culture and this language, blockchains definitely more accessible, I think some of the fundamentals. So the door is bigger, but then people don't know what they don't know. And so that's kind of a universal problem wherever you go when you gather people to have a discussion.
And there's egos and there's biases and all those lovely things. I'm amongst some traffic so hopefully you can hear me okay but I think that's why it's so important that like any blockchain, any project has almost a vision or a constitution that it doesn't be or from and like that is the goal of that particular sub community.
Right. If you have that framework to begin with, like let's say the ethos of the secret network is a preservation of native privacy, for example, or shade protocol is the idea of creating a privacy quasi stable coin or something.
Then, as long as you make the core of the discussion about a particular protocol, a particular ecosystem, like always you get back to that, then I think you have the basis for something as opposed to letting things veer off into Lala Land and stuff like that, right? Yeah, that makes sense.
Awesome. Well, Sefi, I appreciate you coming on here and having an open discussion with us. I know Finn can't actually speak at this time. His recorder is set up on a desktop and he just doesn't have access to speak unfortunately, but we'll
So make sure that we let him know next time so he can get on here and kind of explain the the historian role that he has in the cosmos. But I would love to open this up to any other community members that that either want to discuss a little bit about the cosmos.
Most kind of what we've been talking about or if you have a project that maybe we didn't mention or haven't mentioned yet that you would love to see Kind of shade protocol partner with into the inner chain and have that open discussion would love to also hear those suggestions
that anybody has as well. So if you have those suggestions, if you want to contribute to the conversation, raise your hand and we can definitely bring you up here. And one more potential question for the audience too is what types of discussions do we feel are currently missing in the cosmos?
Hmm. Seems like nobody has questions. Carter and Seffy just covered everything that's ever needed to be talked about. Sorry, I'm kind of like, if you're talking to me, I've kind of like preoccupied at the moment. No, no, you're good. You're good. All right.
To be fair, this was a high level intro to the type of content we're getting at. Not necessarily the sexiest Twitter space of all time. We'll have more open topics in the future. I do think there's got to be at least one person in the audience that listened to a crap to Nicos most content and is like, yeah, I feel like there's a
certain type of content that's missing. There's got to be some person here that has an opinion on that. And yeah, maybe we can suggest buckets as well. Are there other conversations about governance missing? Are there conversations about tokenomics missing? Are there actual technical conversations that we don't think are being covered? These are just some buckets that
we could consider as to what conversations are missing from the cosmos. And then we can also again, if someone wants to suggest the project that they would love for us to reach out to and bring on to this space to have those conversations specifically, I'd love to hear anybody's suggestions as well.
I don't know I'm seeing a lot of emojis, but no no raised hands here. Oh, man, well we could break we could break a record we could we could shut the Twitter space down for noon for the first time in history of it. God forbid God forbid.
We stopped early. I don't know. I guess we could oh Melchra requested awesome. Oh Melchra. I'll bring Melchra to the goal. We actually had some some serious shit good shit go down in the office today of
in regards to product. And so we do have some stuff to do today which is actually really really cool but we will bring Melchup and then we'll probably leave it as just him asking a question and we can cut it here. But Melchie should be on, welcome men.
I'm curious if I definitely hope Terris Space unbeuts because I think he's a great guy for doing this and he's been recapping all of our spaces as well. But one that I think and I'm curious if you guys have seen it or if Terris Space has.
But it doesn't seem like a lot of people they're all talking about you know, casmos we're all in this together. We're let's help each other out But then you find it's pretty cut throat. It's like how am I gonna get ahead? How do you how does shade or how do you guys facilitate a different discussion? Where is
It's, you know, this is how it's a win-win, right? Like everything goes back to the shade token, not every shade protocol has a different token, right? It's kind of that mentality. So then how do you drive that mentality amongst projects in the cosmos instead of just, you know, what's in it best for me because my project
needs to stay alive. And again, maybe Terri's face has seen this on another stuff, but I find it lacking. Three observation, three observations. I think that's a wonderful question, and that goes right to the heart of some of the problems. I would say
liquidity is competitive.
Ideas share should always be collaborative though, even though liquidity is competitive. I think the idea that we can bring new ideas to the table and have them challenged makes your own ideas and your own thesis on what you're building stronger. So I think that is something that's universally can be shared across projects.
And I also think when you bring two communities into the same space, if you believe in what your project is building and doing, then you're going to capture some of the other projects community and vice versa. You're essentially cross pollinating your communities with each other.
Bear market where communities cannot be easily like we're not exactly like attracting brand new audiences from outside of the cosmos like we are to a degree, but I think like Every project understands the value of of cross collaboration and cross pollination I think there's like minimal downside to that I do think you've pointed out the elephant in the room which I think
I think is liquidity itself is very competitive. I think that's the cutthroat piece that underlies everything in crypto is like liquidity is king and competition and plays around that liquidity are always going to be competitive. But those other two components I've mentioned, I firmly believe are always net
positives and we can focus on those two things as being the heart of the discussion. I'm not sure how you get around the fact that liquidity is competitive. You know, that's just like, I guess it's the measuring stick of success to a degree and so people are always going to be fighting over that commodity.
I mean I think the always the general quote right card is mercenary, capital is mercenary and it goes where it can make the most of itself pretty much. So I feel the same that it's always going to be an issue to some extent but
I agree with Melch that I don't think it should be the issue that's focused on because I feel like it can be mitigated to some degree and not presented as aggressively as it may have been. Red, I will bring you up here as well.
Have you asked a brief question and then and then we will jump off here, but you should be on stage. Hey guys, can you hear me? Awesome. What I really wanted to kind of mention is more an observation on the general cosmos and the
and something I think that Shade is doing well that other groups are not. Something that I've noticed within the Cosmos ecosystem is that a lot of projects that are launching have very unsustainable economic models attached to them. And I think that is a two-fold
The problem one of this is just potentially a lack of vision of where this project will go and what it will look like in the future. But also a lack of focus on bringing this product application tooling to real world use cases outside of crypto.
We're thinking about how we're going to onboard the next wave of users and usher in this new wave of adoption. I think that's going to come from outside of the crypto sphere, like getting these products in the utility that they offer available to, I guess like, average people who aren't aware of crypto
I think that's something that shade is doing really well with their kind of vision for what silk is to be in the future and how they're going to be able to facilitate the vision of silk with silk pay with shade lend and a few other things that they're building out but to me one of the things I see the last
the most, is this vision towards real world adoption outside of just this crypto sphere. Because I feel like a lot of defies just playing money games and where we really start to see real value accrual and growth is through the adoption outside of
crypto or we're not really playing these money games anymore. And I'm just really happy to see that shade is focusing on this makes me feel good as an investor and also someone who wants to contribute to the protocol. So just thumbs up for me on keeping a proper vision, long-term vision.
It's actually, we had an advisor recently asked us, "What friction point are you solving for everyday people?" And I think if you ask like 99% of projects in crypto that question, it's like, they'll be hard pressed to actually answer, like, "How are you making
like what is the genuine, sustainable service that you're providing for a mom and pops? And to be fair, there's many products in this world that are for very specialized users. But personally, when I signed up for crypto
it was not just to have this little digital world that was super siloed off from everything else. I believe in a world where crypto is part of our everyday life and finances tangibly with merchants and commerce. Until crypto bridges to everyday commerce, then the vision is
isn't complete from my perspective. And I know I'm not alone in that. I think that was Bitcoin's original vision too. And we've had hiccups along the way and that's its own massive discussion that in some ways boils down to the fact that people don't like to host their own servers, but that's like just like a lot of the internet
that's very complicated. But long and short, I agree with you. And maybe that's one of the challenges that we bring to the entertainment is like, what friction point are you solving for everyday people? And maybe by even just posing that question on a regular basis to the cosmos, we begin to
But surely shift the lens towards the enterprise adoption and like everyday people adoption like that's that's that that that subset of users starts to take up a bigger portion of the conversation as opposed to like how does Cosmos compare to Ethereum, you know those types of thought processes
Yeah, I personally love that question. And it's always like on the forefront of my mind of what's the actual give a shit factor about moving into this unsyload web 2.5 space and actually like bringing adoption
to what crypto is supposed to be. And like Carter said, not just creating this little space where some very specific use cases and user bases are just existing without actual implementation into the real world. So I personally love that question. I could sit here and
probably talk in ide8 for a very long time and it might actually be like that's probably one of the buckets like what is this project doing to make sure that sustainably you're moving in the right path for actual user adoption and so it's always yeah that
As a marketer, that's definitely how my mind works. But, Red, thank you for asking that question. It's definitely a very important bucket that I think hasn't been discussed enough along with all the other ones as well. But I think we are at the end. We're actually going to cut it short.
time for once. But there's four minutes left. Again, I just want to thank everyone for joining the Twitter space, joining this new series and coming along with us and kind of discovering how the cosmos is and what we can do to push forward and have these discussions that need to be had.
and educate community members and make sure that everyone is on the same page moving forward. So again, just really glad to have everybody here. And as always, you can follow us on Twitter, shade_protocol, follow_silk at silk_stable and make sure
to follow secret network and then when we bring projects on to here, please make sure to support them and follow those projects as well because it's important that we're creating a fostering community. But yeah, everyone, so this is the end of the first episode. We will be here the same time next week.
week with episode one and hopefully a brand new guest onto the Twitter space. But until then, enjoy the rest of your guys' days, evenings, mornings, whatever it is for you. Have a good one, guys. See you guys.

FAQ on Into The Interchain w/ Shade Protocol & Frens | Twitter Space Recording

What is the new series that Shade Protocol is starting?
The new series that Shade Protocol is starting is called 'Into the Inner Chain with Shade Protocol and Friends', which explores the inner chain and the impact of its projects on the ecosystem.
How important is education in the cosmos and the crypto blockchain space?
Education is vital to the adoption and retention of users in the cosmos and the crypto blockchain space. It creates a welcoming community that helps new members learn and get involved.
What is the community-focused version of education in the cosmos?
The community-focused version of education in the cosmos is a sentiment around helping new community members get involved and providing them with knowledgeable resources.
What is the opportunity cost of joining a community that is not technically knowledgeable?
The opportunity cost of joining a community that is not technically knowledgeable is very high, as it makes it difficult for new members to get involved in a project.
What is the goal of 'Into the Inner Chain with Shade Protocol and Friends'?
The goal of 'Into the Inner Chain with Shade Protocol and Friends' is to provide an accessible way for projects to come and talk about their project in-depth with the community.
What is the importance of collaboration and knowledge sharing in a bear market?
Collaboration and knowledge sharing are even more important in a bear market to keep communities engaged and hopeful, making the onboarding experience more welcoming for new members.
What stands out about communities built on knowledge and hope?
Communities built on knowledge and hope stand out in environments that discourage both, making them more resilient and attractive to users in the long-term.
What is the updated Shade Protocol logo for Halloween?
The updated Shade Protocol logo for Halloween is a spooky version of their regular logo.
Who is Yoda, and what is their connection to Secret Network?
Yoda is an anonymous user who is believed to be one of the original members of the Secret Network community.
What is the relationship between education and community?
Education and community are closely interwoven, as education helps to build and maintain a welcoming community, while community provides a valuable resource for education and onboarding new members.