Music Thank you. Music Thank you. Music Thank you. I'm going to go ahead and get started.字幕志愿者 李宗盛我可以听到你们两个人的声音
好的好的请不吝点赞 订阅 转发 打赏支持明镜与点点栏目阿文你我這邊聽不大清楚
剛剛接到這個接到麥克風去了大家好有好一點嗎?現在好okok
Hello 大家好always need yourself整个的领奖机制问题还是问题和争议然后就想
然后我们大家是大家如果有什么问题都尽管像我还有Ultra提出来
OK好,大家好我是Alvin,我是梅子BN的創辦人
因為我大概是比較早開始玩Kaito的,從去年11月
後來其實大家也知道,不管是InfoFi還是中文這邊
圍繞著整個Kaito的生態其實也有非常多不同的團隊出來
那相信大家也都知道開頭的Founder就是胡語本身也非常的活躍
就是積極的跟大家互動以及讓更多的這種應用可以繼續開頭做出更多好玩的東西
因为最近我发现那个YARP和BandaiSelfa的这个
我是DeFi App和Formal Venture的
OK好我可以先发问討論我覺得第一個問題肯定就是大家對25這個數字一個很大的疑惑
Yapper也好或者是Content Creator也好
他列前25个初衷之一也是想要就是在CT上就是最有贡献的一部分人
他是怎么想的 We can also ask Ultra.
Sorry, I cannot speak Chinese too well,
but on the 25 people question,
sorry, I think Alvin will have to translate.
On the 25 people question,
I know it's the most asked question.
I think the main issue is that most of the followers of Loud are from the Yapper community.
And they expect to also be part of the whole system was made so the token holders can get the most out of
the money they spend with each transaction right so if you're a token holder would you rather have
the most uh influential 25 people talking about the coin or a hundred smaller. That's kind of the idea.
And instead of giving the ability for the big Yapper community
to the leaderboard competition,
I want to get them to participate
in the experiment on another side,
which is from the token perspective.
In the initial distribution,
I wanted to be spread across the wider Yapper community.
所以可能还是对这个未来的激励机制有一些问题 I have a lot of questions about in the middle of the project, if only about 30 to 40 yappers are only yapping about this project.
How will the rest be incentivized to help the project grow further?
Can you answer this question for us?
So I don't think it's necessary for every single Yapper to participate in the leaderboard itself. The leaderboard is designed to be exclusive to the top accounts. We only want the top KOLs to compete in there. That's kind of the idea. It should not be exclusive because what you want as the token holder is exactly that, attention from the biggest accounts on CT. If you have concentration of rewards in the top spots,
you're going to attract all the biggest KOs such as Ansem and so on. That's the idea. What I want
That's kind of the idea. What I want for the wider Yapper community, all the small Yappers are still going to be
rewarded in a sense by giving them access to the initial distribution of the projects. That's how
I want to align the incentives in general. The wider Yapper community and Cato community will
have access to the initial distribution of the token.
And then only the top KOLs
will have to compete on the leaderboard.
It's that's the experiment, basically.
I wanted to make the most influential
of the people who have the ability to help this B是为了让最具影响力有占能力的这一批人
这样才是一个正方向的如果前25個人他只有這個收益但是他們的B也是被動鎖倉
好的这个问题让我们问一下Ultra Okay, let's ask Ultra.
So one of our speakers, he asked if one of the chaos on the. Got off.
This is and then he think will get a huge impact to the community.
And he want to know like what's.
So I didn't fully understand the question. sorry, cut off for a second.
Maybe Alvin, if you have better VPN.
Maybe let me ask directly.
So my question is because the whole 3-3 game is far real, so we expect the token price, when that's strictly right? But what if let's say the top 25 people, they control some supply and mostly influence, right?
If one of them or maybe like some of them, at like a one market cap or at one point, they just drop off. If it's down-barrisoning to the market, it will damage the whole community, damage all the YARPR's benefits, especially for the whole large price and future tokenomics.
The concern is that only 25 people will benefit the most from the trading fee or even the supply.
Yeah, the whole free free works this way, as I explained a few times. It should only be the
top chaos competing for it. All the others are going to have exposure from the other side,
on the token side. You have to think of it from the token holder's perspective and maximize that.
And on the alignment between the KOLs, because I think a criticism has been that
maybe the KOLs do it once and then they disappear or the volume goes away.
away the best way a kol can play this game is by incentivizing attention volume fees but also
keeping the game going because this is the best and easiest money in a sense uh that a kol can
make by just selling his speech right by? By just talking, this has been,
it's been very hard with other Kato leaderboards too.
You know, you have to talk for months
before you get any reward
and then the reward is something in some random token.
But with this kind of loud dashboard,
you have a very clear incentive as a KOL
to make sure that the loud token and the loud project
in a sense remains working forever, right?
So I can think this way, right?
It's a better way to get attention than the bump,
but people will try hard to keep sharing
to be in the top 25 for the top chaos.
Yeah, now I understand it better.
Okay, we see another other people also requested
Okay, we see another other people also requested土澳要不要解释一下用中文
好啊就是有看到這個土澳大師兄也也這個我們讓他來發發問一下好了
so actually i i really want to know so what do you think about uh the initial token distribution because most of us actually i think 99 of the audience who will
join this game just by uh how buys tokens how tokens probably pump it uh because uh i i think
it's pretty hard for us to among top five 20 uh top 25 so So would you mind to give us your idea about that?
Yeah, so on initial distribution,
there will be a article coming with more details.
But the general idea is that I fully understand
that the majority of the appers will not be able to compete.
And so to keep the remainder of the Cato community and Yapper community
and everybody that talked about Laudio so far engaged and rewarded,
the initial distribution should be very accessible.
It should be white listed and accessible to the wider Yapper community.
Okay, so an article is going to come very soon
with all the breakdown of the different tiers
But the idea is that I fully understand
that the majority of people cannot participate
compete on the leaderboard. So this has to feel like a community coin for the Cato community.
And so the distribution is very important to be very wide and spread across the Cato ecosystem,
right? Yeah, exactly. So that's the thing I really want to know. Appreciate for your answer.
Sorry, one more question.
So I just want to know what you think about the people who are going to, you know,
yap together and try to hold their position.
For example, the top 25, if 20 or even 25 of them they uh make a small couple and try to comment
each other yap each other because you know they're top influencers and definitely they're gonna
get more yaps so if they get together and how other competitors can replace them. So I'm just a little bit concerned whether at the end of the game
it's going to be just a 25 people's game.
So they keep each other in the group and enjoy the weekly reward.
And all of others, you know, just look at what they play.
So what do you think you're going to deal with this?
So first of all, I think it doesn't necessarily matter who is on the 25 because, or if they
play with each other, because in the end, the goal is to increase mindshare.
So if they are in the top 25, it means they are probably very big KOLs and kind of the
goal of the token is being achieved.
And on the other side, you have to remember that this is using the exact same method that Cato uses for every other leaderboard.
It's the exact same algorithm.
So it's going to look at spam.
It's going to look at analyzing people that try to comment on each other to boost each other.
It's going to look at the quality of the content.
It's going to look at the sentiment.
You cannot be negative in a sense.
You can only be neutral or positive when you talk about the token.
I'm not touching the Cato algorithm at all. I'm just taking the data from Kato and using that for displaying the leaderboard.
Yeah, that's the reason why I have a little bit of concern because, you know, there are a lot of
comments that people believe that the algorithm of Kato can partly be gamed because if the
influencers comment with each other and the YAPs are going to grow up quickly.
So if the top 25 people, they comment with each other and do some kind of games,
so if you are not going to change the algorithm of Kaido, what's going to happen?
I think, you know, at the beginning, I think the Cato algorithm maybe had some issues, you know, it was easy to be game.
But as time passed, Cato changed a lot.
And I feel personally that at this time it's much more fair in how it evaluates attention.
But overall, you have to remember that 20% more or less of the fees go to Cato, right?
And so they have a clear incentive to make this a success, right?
And also, this is going to be the most public way people can see if the integrity of the
People are going to be looking at the leaderboard and being like,
everybody can see if somebody's cheating, right?
It's the biggest public test of Kato's data integrity.
Yeah, so you think people are going to be afraid of this kind of comments, right?
So if people, everybody looking at them, they play the games, so it's going to be awkward.
I don't feel like, I mean, people might be afraid of it, but they can also speak up and the Cato has an incentive in making sure that the feed is fair
because it's like people are looking and evaluating
if Kato is being fair in how it evaluates things.
If something is wrong, they should fix it, right?
And it's not necessarily my role to do so.
I'm just displaying the data that comes from Kato.
If something feels broken on
the leaderboard it's not necessarily you know loud's fault i'll stand um it means that there's
there's some feedback for kato and they will uh you know keep it in mind and probably update their
algorithm if something is wrong okay yeah makes sense. I think that Kato people should really pay attention to this,
because there are some comments that the algorithm of Kato is not fair enough.
So I think it's a pretty good chance to show people whether it's fair or not.
Okay, actually, yeah, it's not your responsibility.
Thank you for your answer.
Okay,好,我可以稍微总结一下. Thank you for your answer. I'm done.那如果這些人他們拿了很大部分的token但可能又砸了一半 那其實整個遊戲就會變得比較不可持續性嘛所以怎麼樣去平衡這些top yappers的分配
就是对token的分配一般这个reward是claimLP的这个钱嘛
so that the token can be taken to the organization,
so that the token can be taken to the organization.
So, if you have a question,
you can ask the token to be taken to the organization.
So, if you have a question,
you can ask the organization to be taken to the organization.
So, if you have a question,
you can ask the organization to be taken to the organization.
So, if you have a question,
you can ask the organization to is it to the community or strictly to the team
yeah so yeah as i mentioned also in article, the idea is to have a completely community-owned coin or to be kind of like the first Cato community coin, right?
The team, quote-unquote, will have zero tokens, right?
The idea is to have an initial liquidity raise, in a sense,
and then the rest will go all into LP.
There is no interest in the team, again, quote-unquote,
to participate in the token side of things.
This is just an experiment which is being launched,
and then it's for others to be played right it's fully
community owned oh sorry so actually my question is like for the lpc right uh there'll be two parts
normally so you know there will be lot token and also solana uh because all the top 25 will get
the solana only i'm wondering how about the the token part the lot part will get the Solana only. I'm wondering how about
the token part, the Laud part, will this be sold every 30 minutes to Solana then
distribute or it will be launched to a team or it will be burned? That's the question.
Sorry, okay, let me explain. Actually, Laud is using Matera Damm V2, which supports taking all fees in a single token.
So every time someone buys, everything is taken in sole.
And also every time somebody sells, it's also taken in sole.
Technically, the way it works is that on know on a buy the tax is applied before
the swap and on a sell the the tax is taken after the sell right that's how it works for Matera
Dammv2 so it's only Seoul there is no token portion at all ever it's just all right
- 没有统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统统�扣税是卖之后扣税所有的那个手机费都是按so的形式所以这里面不存在load的这个奖励
好像那个narch不太会读这个名字 And I have no problem here. I think that's Narch.
I will not write this name.
Alvin, do you want to be with both of you.
A person before had mentioned something.
I just want to comment on it about this being kind of like a test of Cato in the wild and seeing what the algo is and concerns about gaming it.
I understand those concerns, but if you take a look at my account, at one point, I was number eight on this leaderboard. I think I'm 32 now or something like that. I'm not a large account. I don't have a huge following. I didn't really use Twitter in the most profitable way for crypto Twitter, but I was early and I was very loyal to kind of the message because I thought it
was very important. I think that this solves, and there's a question coming here, I promise.
I think this solves some big issues that exist when it comes to launch pads and launching meme coins and um you know it does create a space for small accounts
to grow and so i i think that what we're gonna see here is um a launch of a new kind of meta
um with what ultra is created with laudio uh because it forces people to kind of attach their name
and their brand instead of just pasting a contract address in a like internal telegram
where insiders are going to snipe stuff.
It forces you to be out in the open with your trades and with your convictions and to see
how long you can stick with those convictions.
And so I would argue that larger accounts have a lot more to lose by sticking with something and putting their neck out there. So I actually think this is a really positive so far for what
I'm seeing for Cato and shout out to Wenmoon in the audience as well for making this happen as well with the tech and the distributions here. that's out there where you know you have this uh kind of pump and dump mentality or you have this
kind of rug uh fear that people have do you think that this changes um meme coins into more of a
culture more of a cult following and um what do you think it does to the space and thank you for
doing this again. Appreciate it.
Yeah, I think, first of all,
it focuses all attention onto a single thing.
This is, of course, at the very beginning,
this will be the only token which kind of has this mechanism,
which is about taking what Cato had
and big chains for six months now
and bringing it to the bottom 90% of meme coins.
This is what's happening.
You're taking the best distribution mechanism for rewards,
which is mindshare-based distribution,
and bringing it onto something that is worthless, a meme coin in
This is the whole experiment.
And I think it will change the space in the sense that I think this is something that
the bottom 90%, again, meme coins, worthless tokens have always wanted to have this kind of distribution method.
So there will be a lot more demand for other projects to also copy this kind of distribution system.
And yeah, if this experiment succeeds and we prove that there is demand and it's sustainable over time,
it would make sense to also expand on this idea and enable it for the remainder of the token, right?
Yeah, I totally agree. I think it changes a lot of things for people. And, you know, when you see accounts like Bobo, myself, and I see some others in there that are also even like top 50 that are working to try and get on the leaderboard, I think it incentivizes the right behavior and encourages people to make good, you know, good conviction followings and be held accountable for it so
thanks again for your time appreciate it and alvin thank you again for having us
麻烦毕业了刚才Nudge的问题可能大家不知道听没听懂
然后以后我们也会看到更多的Mempoint发币会效仿这个做法
因为很多的时候嘛到一定的时候就突然一个断头不好意思你可以再這個這個這個遊戲這個3.3遊戲一直能持續到最後
好好好好好好好好好好比你這邊有說話嗎?呃...OK我這邊網路不太好
還是阿寶要直接問Ultra,他的网路可能有点不太行
可能之后可能会有听众有这个follow up question之类的可以帮忙问一下OK,OK,Ultra,OK,Let me askUltra and then you'll hear follow up questions.
Okay, let me ask Ultra directly.
About just ask that how can you guys
to be sure that Laudio will be a sustainable game
for any people interesting to join?
Because many people join many other 333 games previously and got like um lost lots of money
yeah we know so um hello was that was i one ultra all right so uh I understand. Yeah, like there's been many different kind of free games and no one is equal from another, right?
This is not a, I mean, this is being run as an experiment. We don't know the outcome and it's the first time we try something like this. This has never been tried before, right? We are trying to experiment if the attention
on something brings value to it. This is the whole experiment and free free game. The free free game
is between the traders on one side which are paying for marketing and using the best distribution
system in the world for distributing that pot of money.
And on the other side, you have the KOLs,
which have a lot of the power
and have to fight each other to get a share of this pot.
And also they have to, if they want to play it in the best way,
they should incentivize volume, fees,
and also maintain the tokens,
and make sure that it continues to exist forever, in a sense.
It's all a game of coordination,
and we don't really know how that is going to play out.
And the main idea behind why I built it
is because I want to find out myself, right?
It is an experiment after all. You cannot call this a project, you know, like, this is an experiment.
This is the right word to describe what's happening.
Okay, um, I'll just translate it.OK好我稍微翻譯一下Ultra就是说其实
对所以他只是觉得说这样子是一个可以促使其他项目方去
有的有的这个其实就可能跟大家就是可能跟大家提前的封錢警告嘛
欸,我們先前是不是沒有提到這個pre-sale的問題
感覺可以最後來問他一下 We haven't mentioned pre-sale. I feel like we can ask him.
Could you share more details about the upcoming pre-sale of the Laudio token?
Thanks. upcoming like preserve the Laudeo token um and thanks yeah as I mentioned I think the best uh thing is to just wait for the article which is coming extremely soon and as I mentioned also in
my tweets today um again I fully understand the position of most yappers, which should not participate in the leaderboard games,
in a sense, right? Once the games begin, some super small accounts cannot access it. There's
no way they can gain top mindshare on the leaderboard. And that's what I want to address
with the initial distribution of the token. I want it to be a community token for the Cato ecosystem in a sense.
That's kind of the idea behind it and the idea behind distribution mechanics.
Obviously, we've seen a lot of people that talked about loud in these days, and I
think those people should be paid attention to or rewarded in some way.
Also all the wider yapping community because it's not just
about the loud communities,
it's about the wider Cato community.
Everybody in a sense will be rewarded or will get
access to the initial distribution in different ways based on how they supported either Keito or Laud in the past months and days.
But obviously the best way, the best thing to do right now is just wait for the article to come out
which will have all of the details and I'm sure that Alvin will try to translate into Chinese for everyone to understand.
他會比較審慎地去做這個 initial distribution,就是
不管是Yappers或者是開頭的Community這樣子
他就強調這個是Community Token嘛 對
對他是跟那個HoloWorld ABA這個Token的這個項目方合作這樣子 對
好那 AVA token of this project. of setting up the initial distribution, and the initial liquidity sale
or initial token distribution
will happen through HoloLaunch,
which is their launchpad platform.
That's how it's going to work.
is to be with HoloWorld. The team is doing it.未來即將Launch的這個Audio的設置初始的設置都是跟HoloWorld的團隊一起進行的這樣子
有聲音嗎?這位Moon Pulse同學 Okay. There's a sound. This is MoonPost. Okay. Let's go. Hi, Ultra.
Thank you so much for your time to participate in this.
I just wanted you to clarify a little bit more on like the incentives of the top 25
So of course, in the crypto space, you can't exactly quality assure, you know, what kind
of top 25 KOLs will make your list and not to like pump and dump.
But is there any like incentive for these top 25 to maintain both the
trading volume and their bag or like prevent like not selling their bag and like crashing the market
before others get a chance to profit
yeah so um for top chaos you know we are going to find out what kind of accounts get attracted by the prize pool.
You know, based on projections or just thinking about it, we will probably see seven figures and rewards in the reward pool for the top 25 in the first week.
So what kind of account would fight for seven figures?
That's something that we are going to find out.
But again, this is a game of coordination
or an experiment on coordination and attention.
The best way that the KOL or the Yapper can play the game
is by maintaining attention on the token
or perhaps purchasing it themselves
and then talking about it or incentivizing volume.
It's all things that we are going to kind of see.
But whenever there is money
and a simple-ish game to play for KOLs and manipulating the narrative so that it benefits
both them. But whenever it benefits them, it also benefits the token. That's kind of the
idea on coordination, right? It's alignment of incentives between the person who talks about it
and the token holder, in a sense, or the speculator.
Yeah, I think that sounds good.
I was wondering, though, do you have any, like,
strategies to manage that potential risk of, you know,
if one goes rogue or a few?
Well, the thing is that why would they go rogue, right?
Because the Cato algorithm does not reward negative posts, right?
So a rogue, I don't think, would be in the sense of talking about something negatively, perhaps.
Perhaps it would mean stopping to talk about it.
But whenever someone stops or takes a break,
there is someone that is willing to take their place, right?
Even in the case in which the rewards diminish week over week,
if that does happen, there's still smaller accounts
that would talk about and would fight each other for mindshare.
The built-in mechanism kind of ensures that there's always some kind of marketing budget there.
Look, if they decide to not maximize the...
There's two ways to play it for KRL. Either you want to retain the spot and also maintain the longevity of the project
so that they can get paid every single week or they can do it once and if they do it just once,
somebody else will take their place. That's the idea, right? Yeah, okay.
Yeah, okay. Could I also just pick your brains about what made you come up with the 78% distribution? Because that seems like quite a lot.
house which probably have a lot of money already you need to also have a lot of money in front of
them in a sense right you have to dangle a big a big carrot in front of them would Ansem for
example just it was a random name uh talk about loud if the rewards are one thousand dollars
probably not ten thousand dollars maybe not a100,000, maybe $1 million, maybe. That's kind of the idea.
You're going to see different people start talking about it,
different price ranges and maintaining attention
and maybe trying to keep the token up, in a sense,
so they can get paid every single week.
It's a game built for them, but also for the speculators
It's an experiment, right?
But it's a tool that is also for them.
If they take good care of it through time,
then they can earn a lot as time goes on.
If they just throw it away after a few weeks,
they're also missing out on one of the easiest,
in a sense for them, mechanisms they can use to earn money.
Sorry, am I taking up too much time? Can I ask one more follow-up question?
Yeah, go ahead yeah go ahead so i was wondering um what if it's like what if there's
a case of kind of like a domino effect so let's say you have top 25 kols and they're all super
hyped about the project and they get their first prize pool and they're like in over their heads
and then one of them decides oh you know like maybe this is enough for me and then they decide to sell and then it crashes maybe the token price
and then it's kind of like a domino effect right so then the remaining of the girls also kind of
do the same thing like what is there anything to like you know this has been thought of in the design because as you explained,
all of the fees, the price pool is not in loud tokens.
So there's no weekly sell-off or anything like that.
It's a simple transaction.
The traders pay in hard cash or in Sol or marketing.
And on the other side, the marketers get paid in real cash every single week
that's why it's so attractive to them because they're the the payout is not tied to the
um price of the token but to the price of solana right right okay
okay i think that's it for me thank you so much
awesome好 我认为这就是我 谢谢你太棒了我想给大家解释一下机制
所以问题不大如果有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人會有一個人當有人不想玩了,他離開了Top25的Yappers就會有其他想要加入的人去Yapp
哈喽哈喽可以听到吗OK在美国我是双语的所以也希望能够给你们多沟通这个约压也约压
你没有问题吗OK好 You have a problem?
Do you have any other students?
Okay, I think that's the end of this space.
Thanks, Ultra for coming, and comingAnd reply all the questions we ask
好的也預祝這個大家如果還有問題的話都可以再詢問Ultra是的好的