Luna Ape Club & Y-Foundry Partnership

Recorded: Nov. 28, 2022 Duration: 0:49:39

Player

Snippets

[Clock ticking]
Thank you everybody.
Go, Roar, how you doing? Doing good, are you? Good good. As low as the other day. Yeah, we'll give it a few minutes and then we can get started. I know we're still getting others in the room.
Welcome, welcome everyone.
I've got some technical difficulties getting a few people to be able to talk, but I think I'll give it a few seconds.
All right, let's get going. Ray may be able to join and speak in a little bit.
Yeah, I think I think there's a specific Twitter rugs going on right now
[Clock ticking]
- Hello, Kroya, can you hear me? - Hey, yes. - Yeah, okay, so just fixed my heads. How are you doing, guys? - Hey, we're doing good. Doing good, I mean, just using your whole technique
difficulties in the space but we're making it happen. Yeah, cool. I think I'm very to share the links with the community on the Telegram group as well. Great, good. Yeah, if you want to just
We just chat some and we can wait a bit for any of the announcements to see if others join, but happy to get the conversation has started. It'll be recorded. We'll be able to share it after the fact. Thank you very much, Tara Spaces. Thank you. Happy Jov
Okay, one second.
(keyboard clicking)
(coughing)
(keyboard clicking)
All right, Ray's restarting this is Crash. One of the why foundry contributors very excited to speak with the Luna Abe Club and talk about an upcoming partnership as well as just the potential of of the partnership in the future, the potential of
This awesome project to be able to use the Wi-Fi and Dream platform to do a lot of potential there. But I will really let Luna Abe Club lead the way in some of that discussion.
Yeah, definitely excited to speak with this team partner with this community and talk a little bit more about what each project has going on and how they can partner in the future to make the magic happen.
Yeah, super cool. So the team here is very excited about the idea and the concept that you guys are bringing to Terra and Yeah, as they heard from you, so you guys will will will be cross-chain as supporting all the Terra that's super cool. So awesome and
and use for us and for all the other projects. I guess if you can, I don't know if people here know more about your concept and what you guys do. If you can, please press if you can give us a quick overview of what the FYD is.
So yeah, so simply on put why foundries a platform for connecting community with creators to be able to propose vote and build their ideas think of
of, you know, this could be some sort of DeFi crowdfunding. It could be a DeFi strategy you want to launch if you want to launch your app or be able to, on advance, you know, your roadmap. These are all open source tools and mechanisms
to connect the community with that initial creator, get them some support to ideate that and be able to have those mechanisms to show the ownership of that idea and governance to be able to have a full
say in governing and what the next steps of that are. So just a given essentially as that open source kind of toolkit for, you know, it could be NFT project could be a Dow community to be able to propose those ideas, connect with Builder
and have all the mechanisms to guarantee payment on chain and to have the community vote on whether or not each of those development milestones meets the requirements for the launch and then to launch whatever that idea is.
Yeah, it sounds super I'm super excited about this so sounds really tracing for us so it will be a great partnership with you guys So yeah, as you know guys for us as a Luna club or we are the one for
the moment so we can just give you some info about where the one. So I spurred the last space with Safi what we shared about the tool. So we are like almost 8% there to go live some of the people from the community
So the V is there of our tool. So what we are building now is like a global tool for NFT projects. It will include all the major tools they will need as an NFT
or as an NFC owner, projects owner. Also if you are a market place, what we are doing is we are providing our negotiation with the market places to provide an API for real or other issues for the NFC project.
For the moment we managed to support both of Juno and Terra. It's working fine for the talk, for the whole desertification. Also, we are supporting projects for the rise from both Juno and Terra for the moment.
2023 will expand to support Stargaz and Abjoz. And yeah I guess by before end of year we will be able to have the product up and running. So yeah this is it for for LunaA club.
That's great. Yeah, I mean, I think it's so needed, especially when you talk about the potential for cosmos and multi chain as well as all the variety of awesome NFT communities spread across those chains. I know personally it's hard for me to keep track of all of the
got started and really involved with NFTs on Terra then after the collapse. Those projects went all over the place. Some stayed on Terra but others went elsewhere. It would be so useful to be able to have that connection as well as the awesome toolkit that you guys are building.
Yes sir, so that's it. So we are trying to support all the cosmos projects. So as we said, most of the lunatics, they make great, some of them they move to other chains, some of them they say, "Yeah, we will keep building on there and also we will support the other chains."
That's the idea we have for the moment. And you guys do you think you have any ETA one the version, the initial version of the better version of the FID protocol will go live so we can have a look and test it out?
Absolutely. That's a great question. So, why foundry is in the last stages of advancing to our MVP. You know, we're a little bit at the mercy of some chain code changes as well as the audit process, but we're hoping very, very, very soon we'll have an announcement to make with a specific date.
really pushing for before the end of the year to get that out and have enough time for people to be able to get in, you know, tests before that officially launches. But yeah, we're really close. So there's a lot of work that's been gone into this by the community of different contributors.
developers. So it's really awesome to see this all come together and initially be able to launch with some vaults. That includes Luna Abe Club having a branded NFT vault on the platform just as a way to have some show
that partnership, I think it'll go beyond just the brand involved, but it'll be an easy way for your community to be able to support your project in a new way. So very excited to be able to release that at the MVP. But hopefully very soon, you'll be able to test
it very, you know, in the next couple of weeks at the very least, you'll be able to go in there, see the platform, do the testing. We really would love to have anyone who's interested in what it will look like, how it will work, come in, do some testing, you know, do some testing bounties and get some YFD reps
which would be something build up your reputation within this sort of community of builders. We'd love to have you and yeah, very excited to get this out there and be able to get everybody's feedback and yeah, really actually show this partnership.
Super cool. So one more question you guys like planning to apply for any grants or support the projects or it will be how the project will be funded to keep working and building.
That's a great question. Once why Foundry is at a certain point, well, first off, it's a Dow. So, you know, it's definitely a community-owned project. The builders in the community are, you know, we're all
contributors who have been advancing this as kind of a foundational open source layer for everybody to take advantage of. At a certain point, why foundry has the mechanisms to essentially fund itself. So there's proposal types that you could put up.
for different development that's needed to just advance the protocol. So if something, you know, hey, we want to have additional functionality or if there's some other, you know, even marketing thing that we want to do and we want to have a way to reward those contributors that help advance
That's that that you know or just like we want the protocol to go in a different direction That's all things that are possible using the mechanisms from YFD itself In addition, we're definitely you know some of the contributors. There's you know talks with
other chains, definitely if there's an opportunity to get creative and help to continue to develop and move faster to push over onto other chains and launch on other chains, definitely take a look at that too.
Super cool. I don't know if we have anyone here in this place that I want to ask some questions like both to the FYDN to us.
Yeah, just feel free to come up. We'll make you a speaker. Otherwise, I can ask some questions from you guys.
Yeah, so as you think about your roadmap and all the things that you want to build, you've got a great community, you've got some great, you've had some great
you know, NFT launches and you've got this platform that you're building out. What sort of things are you excited about in the future? What sort of things could you possibly use help to advance your roadmap and, you know, possibly fund or get some crowdsourced, you know,
sort of talent to even help with it. Yeah so as you know like building and going out so you know the process of building and making such a choice especially on the Web 3 world so it takes a lot of effort and also a lot of resources you know to deal with
servers, developers and law of freelancers. So for the moment we are using the funds that were raised from the mines, the latest manda we did and the funds that we saved from the initial mine. So for the moment we don't plan like to
to apply for any type of grants to keep moving. The full focus that we have now is to deliver the product. Then we will work on getting more collapse and getting more projects into this. Then we aim to have
more platforms, more LFT platforms, supporting us and using our EPI. So this will give us more hype. After this we have, we are planning to launch our coin. So as we have on our roadmap this coin,
It will be a part for which we will drop it to our holders. Also we have in mind that we will go for many minds on the moment it will not be on there. It will be an air drop to all the baby a holders.
So this is this for the new future, what we have in mind. So I guess but as I said the initial the full form
focus that we have is on the tool and to have it like radian. Yeah, use the oil. Yeah, people they can use. That's the problem.
Yeah, that's awesome. I know you had a few collections and I'm just thinking like I'm excited to see because in a way like grants or something that the WI Foundry platform could be used for and in and of itself, but almost grants from your own community, you know them choosing
where they want to see the protocol go or the the DAAP go. That's something that I'm interested to see what happens there once others, you know, in the community get a hold of some of these tools and come up with new idea. You're sure so once we will
have the FID app running so we will see and how we can apply for apply on your protocol so maybe we can get some support from people like from the communities that would help us also and we will keep more to keep more
Keep building. Great. Yeah. Do you have anyone in the room? You've got any questions about what why Foundry's doing the partnership? Luna Abe Club? Anything's open.
Hey, I see GG.
Thanks for joining.
Oh, hello.
Yeah, another awesome NFT project that's doing some cool some cool stuff and making their own platform. I really think that This sort of like starting with the community and
building that foundation, maybe it starts with some project, but then it expands to do so much more. I really think that we'll see more traction from that in the future. That's the way things are going.
Sorry for the...
Go ahead.
I was just about to speak about the story of the Scally how they managed to keep going after I heard that one of their members sold here in Akadem and they kept going that they began to the team.
Yeah, really amazing what Scouting Functions made it through. I was going to say that if we, if anybody else saw today that TFL announced the enterprise down.
which is basically very similar to what Dow-dow does on Juno, but for Terra, and then it also kind of overlaps some of the functionality of Apollo's safe on Terra.
So yeah, it's pretty exciting stuff for Dallas that are in this space, including why foundry down, but definitely you think of some of those tools combined with some of the specific things that, you know, we're building that others are building in the community.
I think it's going to be super powerful. Yeah, I know there's a lot of NFT projects that is especially the ones that have come out of being wrecked like skeleton punks and. What was the other one we've been talking to? Not traders, but.
Terabots wasn't necessarily Rex, but it was more of a dead project that was passed on sort of thing. Yeah, but basically teams that have to rebuild. And so yeah, what it looks like, I just went through the contracts this morning. They're pre-audit. They're pretty
straightforward. There's some basic functionality, I guess they think they're doing a lot more later based on the medium article, but what they'll allow you to do is set up a DAO as an essentially people can stake their NFTs to vote with the NFT collection and things like
that, but from a yield boundary perspective, what it would allow projects like the Lunabe Club and others to do is operate collectively as a Dow using the Enterprise Dow protocol and then interact with why found
for funding or for proposals or voting or other things claiming rewards and profit from the branded vault. So I think that'll provide some extra utility and a lot easier way to interface with why foundry going forward.
Super-exercise in the boat. Super-exercise in the boat, yes sir.
Yes, speaking even on a larger scale, there's a lot of communication going on right now over community pool spending. What enterprise would allow?
People to do or the community to do would be to set up a multi-sig and then submit a governance proposal on Terra to ask the for funds from the community pool to go into that multi-sig on enterprise Dow and then that enterprise Dow multi-sig
funding could be used to seed projects or a individual project on a yield foundry. And that would allow like matching funds basically to happen. So they could say, hey, look, we're going to use the community pool
for 50% funding on this project sent to this multi-sig on enterprise and then that multi-sig distributes the funds to proposal on Y Foundry and then the community of the general terror community and the Y Foundry community
support that proposal to build with the other half of the funds, essentially. Basically, do some kind of mix-mash of free market funding and GitHub matching funding.
or get coin matching funding. Thank you. Yeah, it's been a long time. There's too many gets out there.
So yeah, do we have any questions like to...
Yeah, any questions about the project for those that have joined like some of the other partners that we've had, it will start off with a NFT branded vault that will be available at the
on the WIFound tree platform. So excited to have LunaApe Club fault for those that want to support that project. You could use this DeFi strategy and the LunaApe Club will get a majority of the fees from that strategy back to their community. So that's exciting.
and that's using the mechanisms for Wi-Foundry for being able to fund ID8 on proposed votes and build on your ideas. And then in the future, looking at the Luna Club, that that team will definitely be checking
out the platform and seeing what the, you know, what out of all the flexible options for, you know, advancing the roadmap, building new things, is there a possibility to do more, you know, at a bigger, at a grander scale there, especially as we look to go multi-chain for some of this.
So I have one more question. So you guys planning to launch any other partnership like with protocols or other NXT projects? Well, I would say that I mean essentially
the way that the yield boundary is built is it's protocol agnostic. So any protocol that wants to utilize it, you know, we as contributors to the project are just here to
to help facilitate those projects use yield foundry. So we have, I think what do we have now, Crash? There's like six different groups that are preparing to launch vaults on yield foundry
Yeah, we've got a handful. Yeah, I believe that's right. And we've got some other partnerships that may not have evolved, but just may be partnering with, you know, kind of launch events and whatnot.
Super cool. So I see like when we will have the protocol up and around so we will get like more clear idea about the tool and how can we use it. I feel like it will be so useful for us as a builder and as a project so to keep going to help us
a lot, especially for projects that are built in on Terra, because we don't have this concept, as far as I know we don't have it. So it's the first to be here in Terra. So it'll be super useful and helpful for us. Thank you, thank you for this.
Go ahead. Go ahead, Ray. I'm just going to say you're totally welcome and we're live on TestNet right now on Terra TestNet. So if anyone comes to the Juno or Juno, man, today is not my day. If anybody comes to the YFB Discord and
And ask to do testing. We can get you test net tokens and links to the documentation and there are bounties available. Our contracts are the YFD contracts are off to audit right now. So we have one more contract update to push
live on to test that which I'll be doing later today and that'll be the without any major changes that will be the MVP state of things and their documentation is coming along this week as well so there'll be more information shortly.
Yes, that's exactly what we are looking for. So you guys if you wanna double check and test the protocol, you need just to join these calls. They will leave us the invite link here.
the comments or I guess it's on the profile. Yeah, it's on the profile. It's super easy. It's discord.gg/yfd. I can see it's on the profile.
Yeah, we encourage everyone to do testing. There's a help evolve the protocol and make sure that it is the most useful and functional that it can be when we start.
The UI is up right now as well on TestNet to be viewed even if you don't have tokens yet. You can check it out at dapp-test.wifoundary.io.
How you doing? Hey, we got Sajoshi Nakamoto Joe here. Sajoshi Nakaboso here, the J silent. I got a quick question. Obviously, Ruffin, the Jomi
community here today. And I was curious. Oh, well, shit. I was curious if, uh, let's say the Joe's decided to launch V5 on Terra. What sort of things could we
use yfd4 or is that something we could set up like an educational vault to feed back into spark ibc for creating educational content or how does that work if we want to do like cross chain collabs
Well, speaking from a technical perspective, it's a completely open palette. It's a completely blank palette or blank canvas is the word I'm thinking of. So any contract you can
write, you can use it for that. What if you're looking to do fundraising or looking to integrate community into the Joe 5.0 stuff, basically you could use
is a way to have people, you know, ask grow funds for the deployment and for the development or the educational resources and receive an NFT to, you know, as recognition for their contribution.
Okay, interesting in like the last week or so we've we've minted out a small collection We've gotten stargaz to change their name for the Joe zone and we've spun up a chain and we're about halfway through
our second mint for V3 here. I'm curious, could we expect to see any Y Foundry Collabs on Jochen as a canary sort of testing chain or do you guys have your own chain or how would that work?
I'd say absolutely. We have all the deployment information available and we can help get what Foundry running on JoChain. I don't think it would be too much
too much work and we have a mechanism to that we haven't revealed yet in alpha to integrate joe chain and tera chain yfd platforms together.
Excellent. That's good news. And how adverse would you guys be to the idea of changing the name from YFD to YFJ for Joe?
I think you can do that on Joe chain. Are you talking about doing that on Terra?
I mean, we could do it wherever, but yeah, Joe chain would be a good start. See how it fits. See how it feels. Take a first stroll, you know, walk around the block in it, make sure it fits well, and then we'll see what happens. Well, you know, everything's up to the Dow governance. So whatever the will of the Dow.
Is there like YFD tokens we should should start trying to buy up so we have 51% of the supply or where can we get those?
We are not in charge of that or we are in charge of that. I don't remember what my lawyer told me to say. - No worries, no worries. Is that all that? - That it does still. - They're all in testnet right now. TGE,
be you know we're hoping that it'll come through this month and then they'll be tokens on main nets to move around the IBC and we there's there's some information that should be provided shortly regarding how we best think that'll work.
So yeah, excellent. That's very cool. So we're reading it. Joe smiles. Can we get Joe's intern in here so he can make sure we get the notes for this so we can get that up and running on Jochen. Appreciate that. All right. That was all the questions I had guys. Thank you. Appreciate the space.
Thank you. So Ray have a question. So one of the community member dropped a comment. So he's asking Dofa and Ray help projects to create native tokens that change to NFT projects.
Yeah, does it so does why fondry help create tokens to attach to NFT projects? Is that the question? Yeah, I think I can take a stab at this, right? And you feel free to feel free to add color or or say that I'm I miss
speaking here, but I think that is definitely not the focus for MVP. Just token launches in general, but it's all up to the community and the Dow post launch. I think that the platform itself is flexible to accommodate a variety
of different projects and not saying that that would be ready right out the gate, but with additional features and things added, I think anything's possible really. It just depends on what and how that actually operates.
short, like not at the MVP for sure, but possible in the future, you know, just depends on what the community, what the why why foundry Dow, you know, wants to add as features and what the demand is there.
So I guess this answer is your question. So he goes well, I think I can add a little bit more to it. Yeah, yeah, so that's kind of what Dow Dow and Enterprise Dow Dow Dow and Juno and Enterprise
Now do is they'll mint tokens for a particular project. So you could use Enterprise now when it's released on Terra to mint your tokens and then you could do something
related to those tokens in terms of fundraising or in terms of building out different functionality using Y Foundry. But I think Y Foundry's niche is more oriented towards
proposing and building things and I think Dow Dow and Juno and Enterprise Dow based on what I've seen on Terra are going to be more oriented towards what towards minting tokens for projects. Yeah, and not only that.
It all depends on what you want to do to encourage projects to think, specifically what's the purpose of these tokens in general and what am I intending to do here? So if it's something like Advanced your roadmap, get something built.
You don't necessarily need a token to do that. If it's something like governance, being able to have some form of governance, which we have used tokens for, and I mean we is then anyone in crypto, you use tokens for that as kind of a consensus mechanism.
Why foundry is going to have additional options for that that don't require tokens. So it's some one of those things that you know getting in with the community and kind of discussing like with the big brains what is it that you're actually wanting to do and what things are you wanting to see.
And I think there's more options than just the limited options of the past, or it's just raised the token and deal with some of the other externalities that come along with that that may not be something you want to focus on. Maybe you just want to focus on building out and launching the next thing.
And I want to say too that that's part of why why Foundry was created is so that you can actually get projects developed without having to mint tokens just to fund a project. So you could use anyone can use why Foundry to
and idea for a project. And then the people who fund the project are minted NFTs, which show their amount of funding they provided. So essentially it's like a stake in ownership in the project that gets minted out of the proposal or created out of the proposal.
those funds are deposited and used to build the project, but you don't actually have to mint a token and then try to manage a token and deal with all of that to get things built. And that's kind of the intention behind why Foundry. Yeah, and those NFTs that Ray mentioned.
that have the sort of shares of ownership or can show at least the history of who contributed, who didn't, those have governance power or could potentially have governance power depending on what you want to do.
Those could be plugged into, you know, if if if why Foundry was to launch on Juneau, they could be plugged in and used with Dow Dow. Now that enterprise Dow exists on Terra, the NFTs minted out of the out of
the proposals on why Fondry can be integrated with enterprise now and utilized for governance actions for the owners of a protocol without actually having to mint any tokens.
Awesome, so yeah, that's a lot of decials. So I guess the both rein
And the crazy right? Yeah, let's crash. Yeah, so they they answer your your question he goes I have one one other question she's the source code is it public on GitHub or
do you guys like go open source? It's now. >> It is open source, a GPL. So anybody that uses the code, even if they don't distribute the code, if they use it on a server, on IPFS, on cache, they
We are under the obligation due to the licensing to produce whatever modifications they are back. They create back to the community. So, why Foundry will be open source from launch and yeah.
the other dig to it. Super cool that's what we need so we'll have a look for sure and also for the new protocol that I pay a little bit open source as well so for all the buildings that they are out there they are circle and things same as we face the issues that we face the
can just have a look at the geach hub, we can ask questions the Chumdi1 for free guys. Yep and currently on GitHub the the entire front end is open source and available on there now.
And then the contracts are in audit with SCV right now that audit's supposed to wrap up in about a week. And then once we get the audit results back and patch anything up, the contracts that are deployed onto main net terror will be published on GitHub at that time.
Yeah, so yeah, cool.
Right. Any other questions from anyone who's listening?
So I guess Rushi is inviting Joe to the space now.
Cool. It also say, too, if anybody wants to go through, we're very open to feedback. This is a community project. When I say we, everybody that's been contributing. If anybody wants to read through documentation, website, code, anything
and contribute. You know, there are no real gatekeepers here, so it's a community effort. Anything we can do to make what we're doing at a WIFoundary more understandable and intelligible for the majority of people is benefit to everyone.
Yeah, and we've got a bounty board set up, join the discord. You'll get support help with that, but we have the tasks of the mechanisms. Even if it's a small way, you just want to get involved, get some reputation within the community, get on the leaderboard. There's a way to get involved right now. Highly suggest you do that.
way to kind of get plugged in, keep up to date, and to be ready to go whenever there's more work, post MVP, and there's more resources to support this stuff once it flips. And we have all the mechanisms in place to manage the project as a DAO.
Yes, we also have a lot of info, we share it on this space.
Yeah, I'd expected to see excited this continue to see the Luna 8 Club platform of multi chain, you know, kind of Yeah, that platform for the NFTs that's going to be really cool. Yeah, for sure. We will we will host another space once we have the beta version like this. So we
We can give it to people to try and give us their feedback and also the functionality and everything, APIs and both and everything. Maybe they will see something we didn't manage to see, so we were flexing and we are sure it's a dose, so we need to check feedback from the communities.
I guess we will have another call once the FID protocol is up and running. So yeah, we can.
Yeah, absolutely. We should get the get the word out once it's up and running. Um, we definitely love to get that out there. Um, we've been talking about planning some events we've done an event in the metaverse with Astro heroes in the past.
So they've been kind of long standing partners of ours. We'd love to do something like that possibly before the end of the year. So that could be pretty cool all my way to, you know, definitely showcase us. Man, if you projects and just have some fun around the launch.
Great. Well, this has been a pleasure. Thanks so much for your partnership. You've got an awesome team. Look forward to everything in the future. Thanks to Tara Spaces for joining to record this. I very much appreciate that. Donate. Go donate to Tara Spaces. Keep that operation.
That team is all over the place and I honestly don't know how they do it and it's a free free to the community resource to archive all of these awesome spaces so very much appreciated.
Alright, thanks a lot Awesome, thank you so much for being here, I see you decided to join the Colba, yeah
Wow, CJ. Any questions, CJ, before we adjourn?
All right, thanks everybody. So yeah, thank you. Thank you all. So we'll see you on the next space. Thank you. Yep. Yep. Thanks. Thanks. But if you have any other questions, please just join this corner and probably there will answer for sure.