There we go. Can you hear me?
test test I can hear you now I'm going to live in the way, but it's children also says that he's coming
Alright guys thanks everybody for coming I'm gonna ask you please read with the page
in the window we have more people for this space. And I'm in a lot of way to foreshelden, you want to give a little background on yourself. Just talk a little bit.
Yeah, I guess we could kind of go on the journey. My name is John Stokes, the man with a co-founder and I'm Dave Walters sitting with me. He's one of the co-founders. Hey, uh, yep, this is Dave. I'm here. Good day, why don't you uh,
Turn the mic on here. Can you turn the mic on your account so we could just go back and forth, I guess. Um, you'd have to ask me to speak here. Yeah, we'll just request my cabs.
So yeah, we started on this journey. I guess I'm not really sure where to pick the starting points.
That that delay echo is really nice on my head. I'll just use this. Okay. So you're back in a
September 2021, me and Dane and a few other teammates went to Wyoming to create a space down. Essentially a doubt that would be able to manage space organization bringing space launch infrastructure to the Wyoming.
And we got validated for a proof case from the state of Wyoming using their new Dallas E legal framework. And through the process of trying to make this ambitious ideal work, we ran into
a lot of hurdles and roadblocks and making an effective doubt. Some examples of these problems are like voting stalemates, right? So like getting somebody in our organization to participate and vote
on the proposal so that the proposal actually executes and that some of the issues we were running into is people not wanting to participate in a proposal process so that essentially stung walled some of our efforts.
So I guess in August, we pivoted to focus on developing what we need to run an effective and operational organization and applied for some grant funding from a near foundation. And that was a really
long, arduous process and then around November and December, they released a little bit of funds which allowed us to develop our proof of concepts. And I went with our proof of concept, we were awarded the rest of our grant funds which allowed us to develop our MVP
I guess we don't have that public yet, but if anybody wants to play around with the demo, you can send us a DM and we'll let you have access. Yeah, I'm not sure if all this is coming through us. First time on a Twitter space.
So this is a day in speaking now, but I'm kind of just to give you a window into our mindset. You know, we've been building projects for a long time and we constantly run into like the to the back same issues over and over and over and over again. Just that, you know, if you want to manage a team you need to have
task board, you need to be able to have a platform to communicate through Discord Telegram or Zoom, for instance. And then you start adding up all these disparate tools and you're ending up using like five to ten apps in a single day.
and it's maddening. Not only that, but we're building with experimental frameworks. The Dallas are just like any other organization, but you have automated tooling that allows trust-based relationships to form. So, examining this issue, we found
it just insanely frustrating that someone had not consolidated these different tools into one place where you could effectively run a company without having to pay $120 a month per employee in subscription fees for
all this different junk and then be having the tool sets consolidated in a way where I could effectively manage my time. So that's kind of like what set us out on this journey. And we've been cramming as much progress in as possible in a short
as possible and our team is super talented so we're really fortunate to be surrounded by such brilliant guys that we're working with. Now we're at this point where we're getting a little bit closer to giving people beta access and letting them try out some of the features that we're building
and looking at what we can get on the sparse feedback and what we can improve on and hearing from people that also run their own companies and run their own organizations is going to be the way that we can fine tune where we go next. So I don't know if that gives you guys the kind of background that you'd be looking for from
from this Twitter space, but hopefully that's a suitable amount of information. - You know, definitely was a very great question. (indistinct)
Can you hear us? Yeah. So, uh, that was a great overview. The only thing I like to hear myself from you. Oh, you hear it echo? Yeah.
I don't know what we can do about that. But I guess I'm asking you to do the one that's not that good. Hey, why don't we, if you want, you can just I'll raise my hand and then you can make me a speaker and we'll just try on my phone and see if we get a little bit better. Maybe this weekend have everybody
on their own legalized power better with more than that. Yeah, and then, yeah, so I'm Dane Walter. I think I sent a request and if you want to elevate me, you can. Thank you. How's that going?
Okay, let's test this one. There we go. Oh, yeah, this is much better. Much better. Cool. Okay. Yeah, so yeah, that was a great introduction, great background.
Let's now move a little more to the main ways now itself. Could you just briefly tell or you know doesn't have to be briefly can be in depth like what is moon based out whatever presents as a project kind of like an overall review like who is this customer what problem does it solve with
what it is all about. Okay, that sounds good. So the min-based DAO corporation is essentially as advancing the DAO fraying, DAO legal framework opportunity. So we are the first
So why else guy dot org is where you can find the world's first Dow LLC that's eligible for SBIR grants and has a cage number with the US government. And so part of our effort here is to have Dow's be a legal framework for corporation as well. And so that's
what our focus is with this organization is to create a Dow C-Corp. And we're working through the process right now of expanding that legal framework for anyone to use, not just us. That's going to be a process, but the purpose of this organization is
to a build software that people can use to run organizations and then be provide a framework for an organization to function with these advanced tools. So part of that is being able to eventually automate payroll. Automate
Can you turn your volume down? Okay. Yeah, and here I'll go over here. Sorry, we got junkie phones right now. We don't buy cases and then we just drop them all the time. But
Yeah, building out these tools set so that we can Apply them to frameworks that can be legally used in the United States and so There's a bunch of different Verticals that we're trying to hit through this process and we can go in and to more depth
then maybe later but now I don't want to bore everybody with legal jargon and whatnot. Oh no they're not bored that's what they're here to hear the good information but also I see we have Sheldon with us now so let's try to bring him up Sheldon you either
accept my request or request yourself and I'll accept yours. Okay we got Sheldon what's up man.
I'm working at a site right now, but I will be grabbing my headset and sound much less echoey in just a second. Okay, no problem. Take your time. I'm actually, I'm sorry, what was your name again? So I don't have to say moon based dollar every time.
John Stokes and then Dean Walter. Okay John and then I'm Blacks. So could you come a little bit you know why did you decide to launch this on your versus any other blockchain and kind of like how's your journey been so far with them? Well we
Got into near with our our initial Dow the space down We started at the hackathon at the why oh why oh hackathons blockchain stampede and Jordan Gray was there in person and introduced
just us to the tech stack and thought it was interesting. So we went with it and the more we worked with, you know, this butnic contract, the, you know, more we realized that this is the most robust system available, NICA system. So we kept working with it. And then
and near gave us money, right, with the grant. So we started building with it with being paid for the process and then we're continuing that development and hoping it will be beneficial service to other
and then we're looking at chain agnostic, are there protocols to integrate into our system? So we're kind of launching off a near and then we're going multi-chain. Got it. And what's like sort of like the closest
or term milestones, are you like onboarding some projects to launch from your DAO or have you already launched some DAOs from one base DAO? So the process of going to market strategies to work with the Fuse Select organizations and both
refine our product with their needs and then increase our capacity as we flesh that out. Yeah, so we have two in particular that are really prominent organizations that
that we're going to be working with hand in hand to build out feature sets that meet their specific needs. And then as we're doing that, starting to onboard users one at a time, getting feedback. And I think that in general,
We're approaching our soft launch date within a week or two for our selected partners. And then as we get closer to our public launch, we'll start building out the marketing material.
for these feature sets and letting people know exactly what we're up to. I wouldn't say that like everything that we're building is IP right now or anything like that. But in this industry, things move so fast. It's important to make sure that your interests are protected before
for you jump into the water. But if I was going to just kind of generalize what we're really attacking here, just keep in mind what different tools you might use in a single day. And if you're touching those tools, then we're probably trying to integrate them.
So that's kind of the broad overview of where we're at. Are you more targeting like the big sort of existing model of like you know, that was within blockchain or are you more building like a doubt tooling for real life businesses?
So, yeah. It's for any organization. So we're trying to redefine Dow as a digital organization. The way I see it is that any enterprise company can spin up a Dow for a specific team or project.
I think the term decentralized autonomous organization is kind of a misnomer, sort of like a singularity or yeah, so you know the way the way it is essentially it's like a multi-stig address that's managed towards the purpose.
And that's kind of like, I guess that's like the fundamental baseline definition of a doubt. You know, you could say that like cryptocurrency is like transactions of information that are represented by computational cycles. And then
those, you know, you have multi-key pairs, managing funds and then the direction that those funds for the purpose is essentially what it what it does is so
creating the tools that can provide transparency, operational oversight towards the delegation of those funds is essentially what makes a Dow effective. Yeah, if I was going to expand on this, I would say just in a general sense.
The set of tools that we're building any organization can benefit from using. Some of the key things that we're trying to do is to make a set of tools that transcend Web3 and Web2 and really just speak to what you need
to run a group, a team, a company, an organization effectively. And some of those tools are web-based tools that manage funds that can automate payroll, et cetera. And some of those tools are things that we wouldn't traditionally associate with Web 3. It might be
video and messaging and things like that. However, we'll say that when we're building out these tools, we're making efforts to build them in a way that will also make those tools autonomous. So, you know, we're endeavoring to keep
the focus on building infrastructure that allows the application and the tool sets created in the app to function continuously. >> I'm maintaining the ethos.
of distributed serverless peer to peer. So that's our whole focus is not having to rely on this big infrastructure cost, having to collect data to run ads, to be able to pay for all those server farms. So that you can run more ads, so you can collect more data.
So that you could run those server farms so that you could click more ads and more or more data to run more ads. Yeah, so try and get we're trying to step away from that negative feedback loop that's essentially the core business model of Facebook and Google and Amazon and everything and I really
galvanize this application to be, you know, what Web 3 Web Plus is supposed to be. Got it. And what are some specific tools that you provide within this suit? I see it's like a very broad sort of learning.
of things, but maybe some main things that you could give like specific examples and like how they would be used. So I guess like specifically, guess what you all would already be used to if you interact with Astridow, the core Dow functions from the
button and contract like membership management, voting proposals, and then our features like task management system, bounty management system, automated payroll, peer-to-peer video and messaging.
So, we're working on it now. God, okay, that makes sense. Let's bring Sheldon to the conversation. Sheldon is somebody who's not part of the Moonbase team. Can you tell us why are you bullish on Moonbase now? Why are you excited about this project?
So when John and I first talking about started talking about Sputnik and a couple other things that I was like really infatuated in with like I'm sure he was working on it beforehand and there might have been a talk or two beforehand but hey I'm a recovering stoner the the the near con 2022 work that's
they did was a really cool implementation for liquid NFT memberships in a Dow. And I think that Dow tooling in near was really, really ahead of the curve for a short period. And I watched Jake and Dow Dow do really good stuff. I watched
a couple of different centralized models. I watched Aragon relaunch as a UI-based product and I was like, damn, okay, well, user experience is great and good UIs are good UIs, but features are the next generation of what we're here for. I mean, I've been asking what does it do in
crypto for a decade and most of the time people say, "Oh, it defy or make money or it millen or whatever." So I think that the focus that John had on a, like not just a real-world use case for NFTs or a real-world one-three use case for NFTs, that drew my
attention. I was interested. I was like, "Okay, well, that's cool. You clearly understand SpotNec because you've been through these, you've been through this heap of functions. What else do you think about this over time I started hearing him talk about some of this stuff. I've posted about it a little bit on my Twitter. I'm pretty adamant that
that the tier-based model of DAO's is incredibly valuable. There was a time when Aster was one of the only tools on the market where you could have more than one type of role in a DAO to not have a flat hierarchy to make some sort of structure where the council votes on certain things and
directors vote on certain things and other people vote on certain things or the public can vote on anything or poll on anything i evoked without weight you know just voice their opinion i think that the um... the truth is that that was a moment in time and crypto moves fast as hell and a lot of people
saw the motivation for Great UX in Dows. And today, a year from when I initially started really spending more time with Astradow, it's not really doing it for near. When I think about what the sort of like next step should be initially, before John and I were talking about this project, my knee jerk reaction
was, hey, multi-call clearly understands this. That's one of the most slept on integrations in Astradow is that you can link up your Astradow with this really simple UI that just lets you plug in some values from transactions. Like literally, you could make any transaction on near and say, okay, let me go look at it and explore, and then I'll
copy paste this info into this UI and then that will teach the Dow how to do that type of transaction or take that action, whatever it may be. I was like, okay, that's cool. That's the next gen thing. So then what's the next other feature? What's the next native feature? Because that's external. When
John and I started talking about things like novel key management such that you could have video calls between down members at a certain tier where the entire Dow is going to know that there is something happening on chain at least that there is something they'll probably know it's a video call. But the idea that the board is meeting that is how regular
or a $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000 or $400,000#
effective to have everybody in unless it's an all-hands huddle and that happens. But you get my point is that the existing segmentation and user interface and integrations of Astradow were cool. They still are. But in the current market, they're not competitive. They're not the same motivators that they were back then.
So when I was looking at what other people are offering like trying to integrate centralized AI or trying to make you why their entire value proposition, I was very unimpressed. I was like, this is not thoughtful. This is not advancing the utility of Dowels. This is not advancing the utility of those existing
or new ones, it's just saying, hey, there's these features that we can sort of bolt on. And I think that that's going to have value on people like that. And yeah, everybody's bolting on AI to everything now, what do you do? But the idea that we would build on the existing benefits of Astrodow that made it a leader in its time, I think,
think is a real point of wisdom that is not noticed by most people. And that just means that the existing astro doubt today, as is, I'm not calling it bad, I'm calling it deprecated. So that means that in order for it to be re-realized as the useful tool that it was supposed to grow into because it did
grow and change a little bit, it needs a leap forward. And that is features like encrypted messaging. That is features like key management such that you can have a private video call with a number of people. I think that the video call feature is probably my favorite one and people don't really understand that super well or at least how it works
or why. The idea that one person has to disperse the meeting for a video call is a problem that ideal what's on a regular basis working with global teams. If you are a community project or if you're a team based project, if you all got together and just started working on something, it's different from, hi, I'm the leader, I assign the project manager.
make sure I sign the schedule, I bloody block, even just that fact of it. Because of course you could integrate a calendar or you could integrate Cronkatt to that same function. Even just the idea of one person not being responsible for deploying the video call, whether it is a cadence like a planned call that you all have once a month as a Dow,
or hey, we're having an emergency meeting. Okay, says who? You're calling an emergency meeting. Okay, you know, here's the request on trained, on trained to create a key for this group of people to create a call. I think that that's a really important step up in features. I think that that displaces
the utility for the polycom systems I used to set up in enterprise IT. Those are really, really old PBX and VoIP based systems, digital phone service systems. I have unfortunately also worked on Cisco telepresence, which is known for being terrible and really hard to just deal with. It's an old technology. But those things were
were at the time million or billion dollar businesses because they made business engagement more smooth. They made conferences possible. Today we pop up a Google Meet or a Zoom and nobody really thinks about it, but it's still one person popping that up on behalf of a group. So the idea that the group would come up with it or that
that the group is liable on chain or that the group is acknowledging, hey, we are going to have a private conversation about this and making a public statement about that. Well, hey, I mean, if I was a junior member of that day, I would be like, hey, guys, what came out of that meeting? Do you have any action items for the larger community? What conclusions were realized?
I think that that's something that we've been walking towards this whole time anyway. From a product standpoint, I think that Moonbase has a really interesting edge in doing that on near protocol because regardless of how nearer is focusing on JS and Boss as the way it's going to get more transactions right now,
The features that go into near are really the main value and widgets are definitely front of the line with that, but that is the newest of the new. I think that the most reasonable way to build these sorts of critical tools is not to build them on new chips the same way that car manufacturers don't want to use chips that were made in the last few years.
It's to use the stable release. It's to use the known good stuff and build reasonably known good stuff on top of it. So that I think that's how I would describe it as like this is a significant expansion of features that I like. But that was a really long way to say that. >> I'm not sure that was absolutely great. So I think
I mean, I'm getting the picture of Moonbase now and I'm just like the tooling for basically a repossible like action or operation that needs to happen within business but like put on chain. I mean, would you say this is like a little close to what it is? I mean, I'm a highly
for both engineers, so I wouldn't word it that way, but that's not entirely wrong. The idea of serving organizations in the way that they need operations, it's not enough to just write a proposal and then vote on it, that's insufficient. That's effectively what I'm saying, is that it's an evolution of tooling that really matches
is what people are trying to do in regular organizations of different types, businesses of course, but others as well. I'm really bullish on Dow is fixing the biggest problem in the United States right now, in my opinion, at a grassroots level, at an individual's level, its unions, because teachers unions and firefighters unions
and even rail unions in some cases have had leadership not follow the vote of their governing body of their members. So that's a real use case for Dow's to solve, but nobody wants to solve that with a bare bones now or with a "Hey, this kind of sort of works" or "Hey, we're going to have to onboard everybody into Ethereum and then they'll
all get their tax statements later about it. I think that this is a much smarter way to go about it because you're meeting people at their needs. I just wanted to speak on that point and made Sheldon really quick because it's right on where
are thinking is I just kind of wanted to give you guys a little bit of a story and that way you can give you a picture and to where our vision is. So I was at a friend's baby shower the other day and my buddy, he's in a pretty successful band and they tour, they play music, they're pretty well known and successful.
And he's like, "Oh, what are you been working on?" And I was like, "Oh, I got this app. I pulled it up on my phone, the least the current version that we're at right now." And just started showing him what was going on. And we ended up talking about some of the promises band has, the distribution of
of scheduling their practices, their gigs, keeping track of the money and having it be transparent. I mean, things that we don't even really consider, like a musician having to think about, but it is a bit, a band is a business, you know?
And that's when it really kind of like hit me, how broad of a target we're hitting, because all of the things that we have in this app are something that his band could probably use to run more efficiently and save themselves time and energy and of course, and the end money.
So, you know, it doesn't matter if you are a Web 2, Web 3, not even on the Web as far as what your principal area of business is. There's things that we're building out that can hopefully make it a little bit easier and make it worth it to
start to transition some of these automated tool sets that we're trying to give everybody. So that's all I wanted to kind of share with you. Got it. And I have another question which I would want to ask both of you, Sheldon and whoever wants to speak from one base side or both of you guys. But what I want
What I want to ask is why do you think it's so important to have all these things being on chain, all these being a Dow versus some centralized CRM management type software. What is the key thing about it?
You guys go first. I could give a TED talk on this. I was thinking the same thing. I was like, how many hours do we have? I mean, thank you. Well, I mean, if I was going to answer the question in an abstract way, I would say that
Not everything needs to be on-chain. It's not really like if you think the main drive to why these tools are compelling. I think what we really need to talk about is more so what does peer to peer mean? What does it mean to have applications that can run autonomously?
How do we build tools and software that don't have the central authority in the middle that can take your data, that can sell your data? How do we create these types of ideas that can transcend
and our current economic or social situations that we're trying to solve. And then when you ask those questions, then you come to the right answers of like, why is blockchain important and blockchain and crypto do solve some of those things. And in other cases, we're using peer-to-peer systems that aren't on.
a blockchain to serve some of the services that we're providing. And it's just as compelling of a technological leap as crypto. And in some cases, it's not more so. So, you know, I guess I don't know if that answers the question the way that you were expecting, but
You know, I don't think everything needs to be on chain, but we do need to create systems that protect users from themselves and protect users from me or anyone who runs an application or builds an application because this this trusted party in the middle like you know Google's
is not going to like, you know, spy on me with my camera on my phone, are they? Because I have, you know, a Google phone. Like those kinds of questions can go away when we start replacing the current paradigm with something more inventive and imaginative and just ultimately better
Well said, I mean, a very long time ago, I would have been happy to be like, yes, it all needs to be on chain. But that was a really long time ago. That was probably closer to like feather coin days or like early late coin smart contract, something along those lines. But I think that
the point that I want to parallel and agree with, Danon is the fact that we don't need everything on chain. That's where I'll start from because I think that there is an incredibly upside down power paradigm in most places. Hey, if you have a hierarchal traditional business,
Then fine, I'm not here to tell you not to have that. I'm not telling you to take your Fortune 500 company on chain, but when you do want to change the way that risk works and change the way that trust works, that means that you're looking for a better response from a larger group
than just a hierarchy, right? You know, linear hierarchy. Oh, hey, I need to make sure that there's a backup for my boss in case he dies. Okay, well, yeah, obviously your boss's boss is going to be responsible for that workload if your boss just banishes off the face of the earth for whatever reason. So I don't mean to suggest that we should get into this like, you know, blockchain covers everything.
but the relay of blockchain supporting the most important things does sometimes come down to social situations like a band for instance. I mean I can't tell you how much I wish I had tooling like this when I was the drummer who showed up to band practice to play.
And I showed up and wore out my forearms practicing blast beats and trying to do stuff and My band mates didn't do anything they showed up and smoked weed and they they brought their girlfriends a couple of them and you know like yeah, we had a nice little hang but I was trying to do stuff by the way
It was the coolest band name that I've been in. I was not wanting to sacrifice it. It was called No One Can Hear You Scream In Space, No Cases. I thought it was cool. But my point is that in organizing that group, if I had tooling that said, "Hey, I am the boss, I'm your project manager, I'm telling you that we're meeting on Thursday."
day at this time, here's the link, that band endeavor would have ended much more quickly. There was no social paradigm to anchor us to each other except a shared vision that wasn't really aided by anything except for the fact that we were supposed to meet for band practice. And meeting for band practice as I just described wasn't enough.
That means that the off-chain part of that wouldn't have been solved by putting a blockchain together. But maybe scheduling at a better time, let's say not the only time that week when those guys were able to see their girlfriends or the only time that week when some of us weren't working, but some of us didn't have the chance to ask for work often advance or rearrange.
our work schedules. Like that level of coordination is something that we just let fall on human shoulders today. If you want to merge calendars, yeah, good luck with that. That's cool and fun. And yeah, it works for some people, sure. But that means that you still have one person deciding when you're meeting or
or one person to sort of kicking off that conversation to abstract that from one person is I think actually really useful because that was the end of our relationship as a band when I started sort of coming up and being like, "Hey guys, I'm the drummer. I have more gear than anybody else to unload and set up and
take down every time we practice. I'm tired of showing up to practice and we're not rehearsing. We barely warm up or do anything. I couldn't have saved the band really transparently. I'm digging into the off-chain part that you can't fix everything. But the trust-relationship
that we had the risk modeling that we had of whether the band was going to work out or not was based on a skettinac ever. And we didn't have an equitable way to do that. We didn't have a reasonably productive way to do that. It was just like, oh, okay, well, I guess we're meeting on Thursday night because that's the only time that seems to be available for this reason.
I'm saying that the integrating a calendar would have helped sure but the relationship that we have for me being the organizer top down super unhelpful easier example I was just excited with the band thing because band that really reminded me of that experience easier example I think would be a community based crypto project when you like get together on spaces.
Meet a bunch of cool people, sync up and say, "Hey, I want to work on this. This sounds cool. I can contribute this." Can you contribute some of that? Awesome. That's a great environment where a bunch of people have shared vision. They have alignment. They have motivation. What do they not have? Probably leadership. If they have leadership, what does that introduce? Central planning.
It introduces the possibility of someone becoming either too important to the project or having enough importance to the point where their responsibility increases more than the other people's do. That's the kind of thing that I want to see more of Dow tooling is not just, "Oh, hey, we're down, we do cool stuff."
We're a Dow and because we are and because we interface with the stout tooling, we do things that you couldn't do on a SAS application or that if you did do them on a SAS application, you wouldn't have the same human relationships with each other off-chain. That's where I want to leave this in a nice, concise scope because I could rample a bit.
about this. But I think that that's the main point is that the moon based now tooling the way that I appreciate it, I think would be wildly helpful for human relationships in context today where structure is potentially harmful to them, at least from a social perspective, right? Like you get what I'm saying on the sort of like, you know, community
project product thing is like as soon as you make someone the leader in that environment, you're changing the trust paradigms. That person's probably going to hold some keys or maybe that person takes on a legal agreement on behalf of the project. And that means that they have number one unreasonable power. But more importantly, risk.
If that person falls off the face of the planet, maybe that private key will never be able to be accessed again. It's really devastating that X person passed away or had to leave the country for whatever reason. But because they left their computer in their apartment and the landlord took it, we now no longer have the chance
to get this information, especially if you're using a password manager for something like accessing a Web 3 Wallet because lots of people do that. It's a really unfortunate truth that you can lose access to anything. If you maintain doubt tooling that's reasonable in this way, it shouldn't matter.
You know, that's where I'm at is that the shared responsibility and shared vision perfectly said. I just want to. Yes. In a concise way, say that like we're the have the core functions to enable DAOs and then enable.
the human coordination aspect of it. God, it does. And that's difficult to do, honestly. That cleared up a lot of stuff. Let's see if we can get some good questions from the audience. I have people asking me to ask a question. I'm actually curious because today's space was definitely
you know more technological and in-depth and like definitely more you know like hard to understand them sure for an average person so I kind of want to see what is going to be the level of understanding in these questions but let's start with light light you can go
I had asked you a question. Thank you, Oaks. My question only gets some to the street about a doubt. I think so many of us are very new. Okay, let me see me particularly. Very new to
Actually, being in a DAO or something. I want to know, like, do you have criteria before projects can come to use your DAO? Or what are those things that we should look out for? Especially for people that are very new to these things. Like, how does it work mainly? Either for someone that is building a project and wants a DAO.
I won't eat. And how do you think you're going to unbolt people easily? Especially now that I just on one chain, I've checked your website. I saw that it's not really a detail. I'm not seeing any white people or anything about how the project works. And just true more light on this thing.
Yeah, like the no white paper thing. I mean, we just kind of set out to build an application and I think a lot of times white papers or tools people use to raise money to build something and we didn't really want to raise money. We just wanted to build something. So we didn't really see the point on writing a white paper. But to answer
your questions on how we plan on board users and where the sort of value add for a regular individual or somebody who is new to the space. I think that the main focus on what we're building is building tools that are ubiquitous that anybody can use, whether or not they
have any experience with lip 3 blockchain or even know what Bitcoin is. And that the tools themselves will be self-evident. And so in general, the concept is not centered around like, hey, here's our white paper. OK,
give us some money and then you can watch our funny number go up next to the ticker. You know, really what we're trying to do is just build a tool set that anybody can understand and use. And so in a way, we kind of look at this as also an onboarding platform because for crypto and
because there's going to be tools that people come on here come to our platform to use simply because our video messaging quality is extremely high much better than Zoom or they'll come because they want peer-to-peer encrypted messaging and they know that security is important for their messaging.
And so they come to the platform to use those tools where they need to use task management to manage their organization. So they come there for that. And then through the process of using the platform, they can get exposed to the types of tools that are in Web 3 that then can educate
them and shift them into a mindset of saying, well, how do I automate my payroll process? How do I create a voting system that creates action at the end of the proposal period, meaning that like after the voting is done, is there an action that happens afterwards that demonstrates the needs of the
organization without any one particular person having the power to push the button to make it true. Those are the kinds of like sort of thought shifts that we're trying to go for. I don't know if that sort of answers your question, but maybe you can there. I'll try to also add. So for, you know, with
Somebody with no knowledge of what a Dow is. We're trying to create our application with intuitive design so that when you click the button to create a Dow, they essentially create a shared wallet and then
you would be able to add members to that shared wallet. And that's kind of how that DAO's fundamentally created or initialized. It's kind of just like creating a group on Facebook. You just click the button
it creates the group and then you add a member to it. Of course that member has that already have a wallet created for their wallet address to be added to that group. But you can be in a group without having a wallet. That's another
like you can participate in the platform without having to sign into anything. That's what I think is also really important, is that you can use this platform without having a web3 address. So that's the other kind of thing that we really were dead set on doing is
not limiting the type of individual that you're coming to use the tools that were created. Does that kind of give you some insight? Yeah, yeah, sure. I think it's not bad if you have a concise information about what you're platformed those on your page, especially the website. You know, the link tree.
Let me to the website and I was almost not seen anything there. So it didn't reach your discord page. All right. Thank you very much. Light, if you want to look in the pin post, I pin the demo as it is right now. That's, you know, it's a work in progress. So please bear with. There is some things that don't function 100% right now.
right now and there is near test net wallet login, but sorry to keep you waiting Roy just really quickly. I think that your original question was really on point and to some degree it is a unique or moderately unique vision of moon base.
to be providing service in that way because almost every Dow product that you see today is bound to the blockchain that it started on. It's really, really dependent on, hey, you need to have an Ethereum wallet, you need to have a Near wallet, etc. So I think that is a critical differentiator in Moonbase is that they want Dow's to be useful for
everybody as an organizational tool and that means first principles not putting the blockchain first. Using the blockchain as a component of tool, you know. All right. Thank you very much. I'm also in your discord group already so I can get more information from there. Yeah, you know, feel. Just real quick, like,
Yes, oh I'm sorry I had to cut you off. I just want to say yeah like one of the main reasons we don't have like a lot of pitch stuff finalized or a lot of like you know information about what we're doing is we've just been kind of working you know in a silo so to speak I mean we really
They haven't crafted a lot of this stuff because we really didn't anticipate trying to raise money or do any marketing at this stage. So we're just not marketing focus, we're just build focused. This is our first public engagement.
I see this is actually a really cool link show room you just posted I went in there kind of checked it out not makes much more sense and it actually looks way better than I mentioned like it's like already I guess not a complete product but it's like very usable from what I see so basically it's like a
environment to run, you know, I guess a DAO but like business accompany a team that includes like a budget management, task management, like all the calls and basically all the actions that would need to happen inside of like this environment where they
is like a teamwork and throw some goals right in very like broad terms. You get some funny stuff happening with your mic there you're getting hit with a fan you okay you can't hear me no I can't I can't
now it was it was clippin will funny. Sorry. It was my finger. I think. You're good. You're good. Sorry. I mean, I'd love to hear what Roy's question is he's been very patient. I'm always interested when people are patient with questions because I do that and then forget him. Whose question?
Oh Roy has a hand up. Yeah he mentioned it in the comments as well. Who is Roy? I'm so confused. Oh F. Amaro. Okay Roy go ahead. Hello. Ask your question. Yes.
What are the benefits of returning them? Are you planning to move to another blockchain in the future or launch your minute? This is my question.
The answer is that doesn't exist because we don't have investors. And then our long-term vision is to go multi-chain and integrate other blockchain ecosystems. Looking at Stellar,
Cosmos, you know, polkadot, optimism, you know, air gone, general EVM. So that's the direction. Funny as it is to say there's a couple of chains out there that have decent TVL, I think that
are hurting for real tooling. It's funny to me that Tron is still one of the highest throughput blockchains by dollar volume, and yet people aren't really sticking around there. If it becomes just this payment layer because BTT isn't successful and Justin has his own things going on, I think it's reasonable that people would not
not just want to do Aragon again. You know, Tron does have some differences from Ethan. It's changed a little bit. I think that there's a bunch of people in blockchains and in different organizations that have a benefit from one base. And I really appreciate the team's approach because it
is the typical approach to get funded, to get grants, to tow the line, to walk the path exactly as the investor lays it out for you, because that's what seems like viable to run a business. But John and Dane have been doing stuff outside of this hyper-capitalized model.
that we're really, really used to in crypto and I'm going to brag for you guys for a second because I'm 90 something percent sure that both of you are like in the same category of age that I am. I've been in crypto for about 10 years and I think those of us that have which I think includes a two-year-old correct me if I'm wrong.
We had this interest for peer-to-peer applications and for genuinely useful tooling that is resilient that can't be blown up by some government that is worthwhile and worth using, not just a novel messaging platform, but something with real functionality like task management because that does have an incredible
market value. I think that's like a $50 billion software market or maybe more. So yeah, just endorsing that because from an investment perspective, putting money into a project force is a need for it to birth money. And like Dave was saying, number go up is cute. It's certainly a common thing that we've seen before.
But it tends to get in the way of doing cool stuff. It tends to get in the way of things like peer-to-peer messaging because the real value is for the users and not for someone top down. But I do appreciate the question because yeah, like the majority of crypto projects, as we know them, are venture-based.
At least one of the reasons I support Moon based hours, I'm very happy for them and I'm very proud that they didn't need to get a $2 million injection or a daddy's loan of $1 million to make their dream real. It's a really cool dream already, honestly. Click the link in the top. I pinned it because it looks nice, I think.
Yeah, it actually is really cool because I went to the link. I really liked what it's so We've been live for like a whole hour now, so I think we're gonna start wrapping this up. Is there anything you guys would want to?
So like one final message or maybe some call of action to our listeners something you want to Bring through before we end the space Yeah, well real quick at
I think Roy is like squirming in his chair right now. I see him raising his hand like 80 times. So maybe real quick, Roy, why don't you share what you got real quick? And then I'll give up a wrap-up message for everybody.
Or did you have another question for us by the, you got your hand up. It does look like you were putting your hand up pretty, pretty intensely.
Okay, well, that's all right too. John, do you want to take a closing comments? Because I have one that Moonbase is not responsible for and I kind of wanted to make something. Yeah, sure. Oh, I think those are. Yeah, I just want to say thank you to everybody for taking an hour out of your
life and joining us and everything. Nothing that we have in this world is more valuable than time and so for you to spend your time with me means a lot. So I really just want to thank everybody for that. And if you jump into our discord, it's really really slim right now. We don't have a lot
of people in there because we're just basically just our development discord. But if you jump in there, I'll talk to anybody any time at any length. I will always make myself available to you. Because you've given your time to me, I will gladly give my time back to you.
If you want to learn more about what we're doing or want to participate in any way, just a couple of key things. We're endeavoring to make this project open source. So the tools that we build will eventually be available for everybody to start building with.
Some of the things that we're building in general are pretty damn neat man I'm not gonna lie like particularly when it comes to video messaging We're gonna be launching some tools on that paradigm that are pretty pretty
big disruptors, not just in Web3, but in video messaging industry in general, which is another $50 to $100 billion industry. And this particular tool set that we're bringing into our app is going to be an extremely disruptive tool, I feel.
Anybody that wants to participate, be a part of it, learn more, just reach out to me any time. And so I just wanted to say, again, thank you for taking the time to talk to us. I was really, really appreciated. Dane is the Penguin King on Discord, and then I am Winky.
We kind of have this battle pigeon thing going on. We kind of long story, but essentially we looked up all these different pigeons that were involved in World Wars as messaging pigeons and kind of our
character theme for video messaging them. So yeah, if you're ever like want to go down and curious rabbit hole man pigeons are brave and noble creatures. They've got some really really cool stories around carrier pigeons. So if y'all if you ever want to go down an interesting rabbit hole I'm telling you man like look up the history of carrier pigeons because they're
They're dope. They're so cool. You know, winkies of bad ass. Now, winkie was a badass. But anyway, yeah, thanks. Thanks everybody for your time. I really appreciate it. I I wanted to blab for a second because I think there is something extremely unique about that.
this space and about this specific session because the majority of products that we've seen in crypto, it's a real question, I'm not targeting you, but I'm just saying, I'm very happy about this, I wanted to hammered up one last time. The reason that so many people drew the line in
the mid 2010s about Bitcoin or crypto is because crypto was so full of venture capital. It is still very full of venture capital. Venture capital is more focused on making money than they are on making cool products nine times out of 10. It's very rare to find venture partners in venture capital in general.
that are ideologically aligned such that they will risk their money being lost, wait for an investment to mature for a longer period of time, or even allow creative control for someone who they have a majority share invested in. I think that multi-chain doubt tooling is critical by itself.
But the fact that Moonbase now is approaching this from a first principles perspective of what people actually want need I think that's that's worth supporting and I do support them I think this is a really really excellent project and product and I'm so glad that you guys are willing to let people log into the demo and just see it for themselves
else because there's so many people who are privacy advocates who are not brave enough to sort of get in the public eye and let people have a look at what they're doing. And y'all are doing some really cool stuff. So count on me as a beta user no matter what, I'm going to be around. I want to see what happens to Moonbase now because I want to use this
I have used for it right now. If Moonbase now went into production and the way that it is described right now, I would have utility for it immediately. I'm considering using it on TestNet just for the sake of getting a couple of teams used to it. So thank you guys so much for taking some time to
to learn about a truly unique series of contributors these guys in crypto. So yeah, just also happy for the time shared. Thank you so much for everybody who came. Please have to ask questions to our speakers. Moonbase.com
and we've been more hour and five minutes now live so we're going to wrap it up and we'll see you on the next space. Awesome. Thank you so much. Yeah, thanks for having us. Really appreciate everybody's time. It's great. Thanks. Bye.