MagicDAO & Shill

Recorded: Nov. 9, 2022 Duration: 0:53:00

Player

Snippets

Oh, for her.
How are we doing everybody? What a fucking day. Thank you guys for joining. During these somewhat trying times.
We'll give folks some time to join in some of the projects that we're going to be talking to join as well. And then we can get started with the guys for for kind of
Ox tattoo or the OGs in the audience and a rub. Nice, I love seeing folks I recognize from the dial.
Welcome, welcome everybody, Constable from Dust is here.
Let me add you those speakers.
Rich mogus here as well, and we're going to speak as well guys.
Hello nice to meet you.
- Nice to meet you, team. Hello, hello, appreciate you guys coming up. Hey Rich Moghi, team, how's it going? - Good, good. - You can give me a raise. - It's Moghi, it's Moghi, isn't it? Am I saying it wrong? Is it Moghi or Moghi? - Moghi, I think. - Moghi. - Moghi, nice, nice, I like that.
Just give in some more folks time to join and we'll get started guys
Are you the Indian of Magic Eden?
Oh no, I wish I'm not that important unfortunately. No, the magic even in turn is war bucks.
He does a lot of the magic eating spaces, but I go by NiftyDgem and I'm the one who takes these down spaces generally.
Yeah, you'll see me all over the... The Dow channels, I'm generally pinging people and annoying them. It's... it's fun.
A waste up is here too. What a nice day to get to see some of the Dow OG. How is everyone hoping?
Yeah, I don't know. We should definitely touch on that during the space. It's funny. I put in the chat that we're getting started in our Dow chat and someone replied, "Not gonna lie right now. I'm not in the mood to listen to any Salana guy."
Oh no, it's bad man, but yeah, I mean how are you guys coping? So fast so quick. Yeah, so we'll see how the market react that we need to position ourselves.
You know, it's good. You guys see me. Yeah, I did. Just tell me. Say hi. You know, not too bad, not too bad. Anyways, we'll get back to the to the cope.
Yeah, it's funny because like, I don't know, does anything really change about fundamentals of like slarner or the ecosystem? I really just feel like it's market moves, right? So I'm generally somewhat comfortable. Luckily, like, I pay for hand everything. So like, I've got cash. I'm not really holding a lot of slarner.
I'm gonna buy it when I can. Yeah, I wouldn't say anything changed, but I guess a lot of people lost their phones because you know a lot of people invested in Salona long term, a lot of people were staking stuff. So yeah, that's kind of crazy.
Yeah, I can't even imagine. Oh, you know what, lay stuff is actually a pretty intelligent dude when it comes to this thing we bring you up, but
But yeah, yeah, I mean imagine people so there are a lot of people who started buying a 250 and just kept running it down, you know, so it's I can imagine people are hard for sure
Well, you know, I've been minting stuff at, you know, when Seoul was at 150 and I'm still minting stuff when Seoul is at 15, I don't know.
I wouldn't say it just depends on the market situation, it's just about the projects in their utility. Now if you get interested, why not?
I'm interested what people think about one institution being FTX able to basically tank one security as far as it is as far as like fundamentals go right so Lana hasn't changed
the network is getting better, more users.
slightly less than obviously before but I mean fundamentally yeah, Salana has a chain is great everything's growing but
with one institution being able to do this much damage. Do you guys think that impact impacts the fundamentals a little bit? - No, I'd say that people are just cared for now.
Yeah, I think it just drives a lot of uncertainty within people. But as far as fundamentals go, I think it's pretty sound.
Yeah, that's true.
So, I actually don't have a lot of background in it. You guys might have more. Was FTX like an early investor? Do they get like seed ground allocation or like, why did they have such a big back? Is it just something they could bind up? My mic's not sure how that works.
I mean, I know I know FTX bought, I mean, obviously they owned like, I think it was 10% of the total supply. And I know they, they know they bought a lot at like the $253 range. I'm not quite sure where they went from there, but yeah, I mean, obviously 10% of the supply, right? It's a major investor.
Yeah, yeah, it's brutal. So do we I know there's like a ton of sold being unstaked. I think it's tomorrow. Do we think a lot of that? Because I've been reading a lot of things, so I don't know, but I think the speculation
is like Alameda or FTX owned a lot of the so that's being unstaked and they might liquid it. Is that the the general understanding the market? Well actually some people tell that that supply is being unstucked.
I don't know, it's like 50/50. Some people say it is, some people say it's not. Well, I mean, you can look, right? There's a website, salanacompass.com.
And you can look at the validators and it tells you everybody that's unstaking. I think it's delayed like 20 minutes. But right now, you know, I guess people we can call this like epocalypse is what I've seen it referred to.
55 million roughly being unstaked in 16 hours and just under 2 million being activated. So yeah, 53 million difference.
This fucking world. It's so brutal. Oh my god. Yeah. So many projects on the Solana blockchains, so many, so many investors and everything is being dumped, you know, by one platform basically. Oh, that's kind of scary.
Yeah, I'm really interested in like what the projects that are like validator projects are gonna do I mean I'm not gonna show any of them, but I'm involved in a couple of them that basically just stake style right as
That's their project, right? You can buy a PFP, Stakes Alana, and I'm interested if they're going to pull out a validator or
just ride the storm out? I mean, I don't know.
Yeah, yeah shit. I I wish I was more well-versed in this these things I think I'm sure people here are but I think my general understanding is keep asking around for what people think Max Payne is and I'm just gonna try to ape man. I like it. I have some like sneakers
shit that I mind so like I just need to like with I'm just gonna fuck you up so on on you you actually come pretty when is the next page if you if you can't predict that is the next page rather called off authority like I don't know some people are doing at it but
I'm trying to catch a list close. I think the whole it's kind of like predicting what was the max pain on lune right? I mean really no. The whole the whole so I know what every night is going through a narrative that we are seeing whether CZAC will actually peel off actually excellent.
So what we see is that as we actually have really pivine, so lana, so when at the exit came to become insolven, so fear is that, fear fear is that, so all the people are dumb
something so that I am not to actually stay with quit even they are losing money. So I think right now it's back to actually stay with quit and preserve your cash, your USD in a long run. I would say.
but it's optional and the better.
I see builders are still building, so I think in the long term we are still good.
Yeah, you're pretty right, although, you know, nothing happened yet, except the Solana Dom, but I see some projects are already trying to flee on the theory emerge, you know, just think about it. I wouldn't call names, but yeah.
But I think we need to navigate on how the market reacts. So we'll see how it actually reacts to that. I'm not sure any project meeting. I think the closest one, the one that is typing is actually the what face.
as a project meeting so bright, the poker face, I think.
No, our paper faces doing another collection. They were, they're pretty OG. I remember using them way back the day. I'm not familiar with, sorry, pop hits. Oh, oh, oh, oh, oh, oh, pop hits. Yeah, yeah, yeah, yeah, yeah. Yeah, yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah.#
mean before we can advocate true these co-pubence. Yeah that's a good point. Yeah see how some of these hyper projects do. Yeah. Yeah. But anyway guys I feel like we don't need to dwell on what is kind of a weird day.
you know, this is the magic town, show space. Yeah. So yeah, so thank you. Thank you all these awesome projects for joining us. We're going to hear from some folks who are building despite the market conditions and you know, whatever else is going on. And so I'm definitely happy to have some some really cool projects here today.
with us. I think we can just get started guys. So generally how these works is you'll get about I would say five minutes and I totally never enforce like the rule on this right? Like so basically you guys will have some time just to go over to to shill or talk about your projects and we'll go through all the projects and then at
towards the end if the audience has any questions, I'll bring them up and they can address you guys with their thoughts or questions. So, that being said, let me just start with the list here. Do we have someone from crypto titans actually they might not have been able to make it?
Let me see if they join later, but I see we've been speaking to the folks from Richemoggy, so why don't we just start with them? Can you tell us a little bit about the project and the team and give us the whole spiel just shield to us?
Hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey,#
We are actually a tech project with storytelling law and development.
So our team consists of around 8% so I'm the founder we have a lead development and field call as manager, outreach manager and also what's happening some of the community works and outreach into projects. So right now we are still
building slowly, we did some revamp on our base or delivering and roadmap and our storyline. So right now, yeah, we're still building some hearts on community and hope everyone can avoid a
what we are doing, things like that. So firstly we were talking about building a talent platform but I think we have changed that up and as some spies into it. So you'll see what we will be delivering in the future. Yeah, thank you.
Yeah, that was short and sweet. So what really stuck out to me is obviously we get a decent amount of applicants and I go through and I just kind of check out the Twitter, check out the socials and look at the art. I really like the art on your guys' project. Can you tell me a little bit about it? I see it's a cat, but it's like it's quite unique, right?
It's actually a cat project and the reason why we call it multi is because when I search through magic either I open C that there's actually a lot of cat project main cats so I was looking for a different name for cats so I stumbled upon this
So it's actually a rhyme to us so we decided to use more keys. So we call it rich more. Yeah, so it's a cat project, but we have few Chris. We actually wanted to launch a 10,000 supply and found the 8-day market.
I mean, we are not ready yet, so we are still deciding to actually kind of supply and also on the price and see how we actually can navigate through this market.
I see, I see, yeah, no, it's smart, you know, it's funny because we'll hear, or at least I've personally spoken with projects who are not.
willing to be as agile in that sense as far as supply or price, right? They're very adamant. Despite market condition, despite maybe sentiment around their project. So I really appreciate when projects are able to be agile like that.
It, it, it, it, when it says a lot about like, you know, you guys being able to provide value for your holder, because obviously you don't want someone to ape in, the project doesn't mint out or, or whatever the case may be in regards to the market condition or whatever.
people can be left in a tough spot or the worst case is like people try to mint out their adamant about the price, their adamant about the supply and then it doesn't mint out and you go into this whole refund process. It's so terrible. So being able to be agile before mint and you know about these different
different levers. It's super important. Definitely much appreciated. Are you guys going for a utility as well or are you more community based, art based, lore based? Can you tell me a little bit about that?
I think we are a mixture of both, like, there's a law, there's a utility, and also there's revenue sharing. So we will based on the story that we come up here government, and we actually
a community that actually wants to go through our laws, stuff like that. Then when the laws come, then there will be a element come in. Then when we perceive that, "Oh, you have story behind you have that element." Then, "Yeah, that's very important."
I see, I see. No, that's awesome. I think that makes a lot of sense. I think it's good to build in that way and then especially starting with lore. lore is kind of where you you can generate a lot of like interest and even the community can rally around.
I think Curtis Colt was a really good example of that outside of the art they created this amazing lore that I'm still excited to see how shakes out.
especially related to our RPGs other projects. So definitely something there. And obviously you guys have some cool art as well. So yeah guys, I definitely was excited to bring you guys up and I'm glad to be hearing from you. Thank you.
So, a mint date or do you have any of that or you guys still just kind of building? Actually, we plan to, I mean we are just a date so mean on the 11th of November, the next time it do around
PMUTC, but after some discussion we will bring some market reaction today. I think we are not ready to actually publish the NICSO view. We change our mandate to be announced.
Yeah, again, again, more evidence of you guys being agile. I love that. Yeah, I think we don't want to hack people. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah.#
Yeah, right. Yeah, right. Yeah. For those of you guys who joined a little later, you know, obviously we we started this off just talking about market conditions and stuff. So definitely makes sense. It's a little rough right now, but again, I think Bill
Builders keep building and you guys will be okay. I think you've got what it takes. A lot of the gigabreins that I follow are following you guys. Your socials look great. The art looks great. The lore is coming.
I will say I will post the list a bit because unfortunately our artist went to do some minor surgery. So we will receive wait for her to actually recover.
Yeah, yeah, I mean hey, you know, it is what it is. So Lana's gonna be around. Yeah, so Lana's gonna be around trust me by that scene that way. So yeah, so Lana's here to stay. So when you guys are ready to watch, you know, I think I think we'll still be kicking and definitely excited to
to see what you guys do in the space. Thank you, Mr. Drake. Thank you. And again, if stick around in case our audience has questions for you. Sure. So maybe next we've got Constable. I believe it's the CM of Dust City. How's it going, man? Yeah, doing great. Thanks.
for an invitation. Yeah, I'm kind of seeing a lot of dust city PFBs down below so thanks for arriving guys, thanks for listening to this space. And yeah, let's start with a little brief history about how our project was created.
originally we're XCIS based community and you know our whole activity engagement was based on our telegram group that was created by pretty famous Ukrainian influencer like this
2017 or something. Yeah, and that's why we have a pretty strong alpha community. Cool alpha hunters, alpha colors. And yeah, our mint basically was held around a week ago.
in two weeks ago at 0.5. Now we're holding steadily at 17 sole FP. And yeah, basically we've got a lot of strong holders. And actually we were not revealing any extra
ordinary utility yet, but except that we have a strong alpha. We're trying to build something unique. First of all, we're trying to introduce Telegram as a main communication method between different communities
because usually the projects are just based on discord and twitter growth from the start. But then our founder is actually part of Moniquedau and they've got a telegram group as well. They're doing it.
in real life meetings, they were discussing breakpoint stuff in there and you know it actually reached like 1.5k messages per day so they were pretty active in there and so you know we're trying to introduce that to every other community we're seeing so we're actually
I'm not promising anything is exactly but you'll be highly surprised. Curious, sorry, I'm sorry, I guess the use case and benefits of Telegram over Discord, I'm sure there are some but just one understand your thoughts by now.
So actually Telegram is pretty user friendly. It's easy to communicate between each other. I wouldn't say it's
It's better than Discord or Twitter. It's just different, you know? Yeah, yeah. But you know, like when everyone is using Discord telegram, it's, you know, a breath of air, something, something new, something different that we're trying to introduce.
Yeah, no, that's awesome. Yeah, I'm looking at you guys as a floor price. I actually didn't realize your floor was so high. Just to give folks in the audience some context. I mean, they're close to 17 and some of the other projects in the space that you might all be very
familiar with, okay, bears is not very far above ABC, they're above ABC, they're above cats on crack. You guys are killing it, man. That's a very high floor price, especially given the market condition. That's incredible. So would you say a lot of that is attributed to some of the really solid alpha that you guys have given out so far?
Since that's kind of been your main utility as of right now. Yeah, it's just community-based. You know, you cannot build a great project if you haven't got a solid community. That's the most important thing. Besides that, we were not over-promising. We had
haven't got any roadmap because you know roadmap usually limits the project. It just, no, it puts you, it puts it barrier in front of you. You have to stick to that and you kind of do anything else, you know. So I'm not a roadmap, I bro. Most of the time a roadmap is something that projects just
It's something that they fail to deliver on. You know what I mean? Don't get me wrong, that's not the majority. But you just see it so often in the space where either they're not delivering on the timelines that they promise and then there's a lot of fun that they have to deal with which prohibits you from being able to
a build right because you're focused on this narrative of like following this thing that you created when the project first began but there's so much learning that happens from the time you set up a roadmap to when you mint to when you continue development so it's so hard to stick to that one plan like you said it's limiting
Yeah, that's true. And, you know, actually, we were minting at the time the app to. Yeah, you know, we were minting at the time when the app to us hype train started all of those flippers and guys that wanted easy profits, want to app those minting stuff.
And the royalties were basically declined at the same moment on Solana by different platforms and that was actually royalties where should have been helpful for us because our main plan
price was pretty low, it was like 0.5. Yeah, but yeah, we haven't moved to the app, we haven't switched blockchains, we didn't choose another way, we stick to the plan, we've minted on soul, and Salana still has a lot of cool
building opportunities and even we consider that the current dump a short-term problem. And actually one more cool thing. We had
another collection we still have it called Directable you may find it on Magicina it was originally a Dejanment at 0.05 oh wow 0.05 my god it's almost one sore right now holy shit
Yeah, and I'll tell you more it actually reached to Seoul before our mint So basically at the you know last summer there was a you know kind of a Dijun mint era or something like that and our community
basically decided to create some kind of funny collection with those guys having fun of some recent scams, rugs, lunar scamadisi. And then now it actually meant it out but we've
returned all of the main funds to the holders and actually left the project for better times. But then when Dust City started we found a way to utilize those correct bills and made them
like a white list passes, you know, so if you held three direct wills, you were supposed to get one white list for the city. Oh, yeah, okay, yeah, very cool. Yeah, and you, so the first collection, the whole thing,
started off was lazy alpha you might find it on me as well it's like a 20 25 solar right now I think yeah and yeah so that collection is I wouldn't I would touch it briefly because you know we're speaking about this city yeah yeah yeah quick
We're building a game soccer manager game. And yeah, some quick alpha for the city holders right now. So we're preparing a cool event for an upcoming soccer World Cup.
fans here. But yeah, so we have already to go betting platform that has been already developed in July. Although we're maintaining some nice updates right now, so keep your ice field. Dude, yeah, shit, you guys are doing a whole lot.
So I mean, I guess going back to that, it makes sense why the dust city specifically, the floor prices is quite high, like I mentioned. In fact, I have to say the art is really good. And yeah, it's strong community. I mean, if you guys scroll through some of the listeners, it looks like a lot.
from Best City. So thank you, Best City folks for joining us. I'm not going to lie, I am not super aware of this project, so definitely want to do some more research, dig into all the different things you guys are doing. This is incredible stuff though guys. Yeah, thanks for having me.
Yeah, yeah, absolutely and again, please stick around to that case we have questions or in case your loyal fans Want to say something to you again, there's this quite a few in the audience. That's fucking awesome Already I think next up is Hacori again. I believe it's again. It's not gender
Oh, it's Jen. Okay, Hokorigen. Nice. Did welcome. Welcome guys. Hey, man. Appreciate it. So I'm Rath, the co-founder of Hokorigen. And basically diving right into what we do is Hokorigen is a high stakes gamified.
investment Dow with a focus on three factions that compete head to head which are dragons, wolves, and apes and the treasury for each Dow comes from a hook or itself right so this is to ensure that each faction doesn't start off with any financial advantage and a cool thing about
what we're doing is that we actually have our platform built out and ready to be shipped as soon as we meet. And yeah, and in terms of the team, you know, I'm really, really happy to have been able to assemble such a dope team. So we have two co-founders, one being myself and Vancouver who's in the listeners.
And a really good adev, you know, a super talented dev as well as an art studio that's partnered with us and just help help create amazing art for what we're trying to build. And yeah, in terms, just to break things down to like explain it like I'm five is we have three actions, you know,
with their own sub-dow where they can make proposals and votes on whatever they want to do with the treasury funds. So we want to give governance, autonomy, and just letting the community decide what they want to do with the project itself. But yeah, let's just like our two-minute elevator pitch.
No dude it's good, you know I'm just I'm digging through the socios and stuff a little bit more. First of all, Charfumonki follows you guys. Who's that gun? Definitely Bullish. That's fucking awesome. Yeah so you guys have
Pair it up with an art studio. I can definitely tell this is not This is not fiber art. You know, this is some fucking real deal shit. I see some of the stuff is animated as well as incredible stuff Oh, yeah, I forgot to mention like the entire collection is actually animated as well. Oh, shit. Yeah, that's fucking sick
I'm sorry I'm getting distracted by you guys is Twitter. I'm gonna be yeah, let me let me I just want to shout out my art team. Yeah, we onboarded them from web to now
on payroll full time with this shit. And it's just something that art as in communities, one of our focuses as well. So that's one of the pillars that we're trying to tackle and just get into that space and just create a space overall in the ecosystem where it's more welcoming people are educated. So just so that
But when brand new people are more onboarded, they have a welcoming community to welcome with open arms. Yeah, no, that's incredible. I think the transition from web 2 to web 3 is such a beautiful one. And so one, the fact that you guys are focusing on that too, the fact that you've been able to do that
for your art studio, I think speaks a lot to the quality of the project and the folks running it. Would love to hear from VanCoover too. Can I bring them up? Yeah, yeah, let's go for it. Cool. Cool. I might be on his laptop or on his phone. I'm not sure. I see. I'll advise them if they can do it. That'd be great.
So where'd you guys get the inspo for this? What's your like background you said Vancouver was a dev? I feel like you're doing something exciting thing now, so I'm rath and that's Vancouver so we're both the co-founders and our background is actually we run web to businesses, you know, Vancouver runs a pretty successful one, you know, yeah
He's the money man now just joking. I feel as boys. I know you're doing too bad to have about you. Yeah, nice to be on here. Dude, yeah, happy to have you. And I'm very impressed with your guys' project. So, you know, we'd love to hear from you guys. Just here about your
your backgrounds now, apparently you're the one who got it. Well, I've won a manufacturing company, basically we sell online, furniture and shit, you know, basic stuff. Well, we're doing something about that in another project, hopefully very, very soon. But yeah, I'm
the market where like if it's too many words you know they just don't listen or they just don't go through it so. Yeah I mean I don't want to say I'm guilty but at the very least I have trouble with the big words you know. Yeah yeah yeah. Yeah man. In terms
of an actual internal roadmap or not roadmap. White paper itself we do have a lot in the works. So we're really excited, really excited, even with the market conditions, you know, we're trying to keep our ears to the ground and we're sensitive to market sentiment as well. So, you know, we're just trying to be cognizant of what's going on around us.
Yeah, that's sick man. Like I said, it's so important to stay agile, especially in these trying times. Do you guys have an idea of when you'd like to launch? It's funny because as far as today's standards of socials and stuff, I feel like you guys are
not getting the recognition you deserve. You guys are doing fun stuff. So is the idea to build out a little bit more games, more traction or giving you a lot of money? Oh yeah, definitely. We do have a lot of things in the works. You know, we've been planning to sell for a couple of months now.
as well as just like having everything ready and then we just roll it out right, you know, just like we do have a couple things in the works that we can't talk about right now in terms of collaborations with artists and projects as well and I think
From that point on, we're trying to make it so that we get attention and we keep the attention as well because it's so hard in the space where everything moves so fast and there's always news as well as the conditions that you know like two days ago
things were not that bad and today it's a bit like it's like all over the place you know and one thing I would say for everyone that's like going through it right now is you know in uncertain times it's okay to not make a decision right now and just take a breather you know
Oh, dude, yeah, that's such a good point. I think I want to start encouraging people to maybe step away from the screens a little bit. Sometimes it's never as bad as it seems as well. You know what it means? So like you said, take it the time and step it away. It's probably important. The problem is,
A lot of emotional decision has been taken. That's where the problem lies. Emotional decision always and most cases is wrong. However, people always tend to rush and don't understand when and when not to take a decision.
I think this pace has been through a lot and since it started really, we saw it at what 200 and now look at us. However, we've got a lot of low yield builders, so that was really important. We are the ones which
help a community thrive right. So as long as we're here, as long as we are ready to experiment in times like this, I believe we're in for the long run. We apto came for a couple of days and went before that, you
know it keeps on happening we're still here that's what people need to understand so yeah I agree I think before aptos it was near near was though no lie actually I was a big fan of me and they stuck around for a while but it seems like Salon has got
that staying power that some of these other trends have not. So yeah, I agree with you. I don't think Salana is going anywhere. You know, encourage people not to make any emotional decisions, but at the same time, you know, you got to protect your life with it as well. So it's tricky, but you know, the key thing I think to
take away is that builders are going to keep building and as long as we have solid builders to you know so on and going to work with me. I mean I feel like we've talked to some incredible builders here today so I'm bullish on on you guys and I'm bullish on the channel world because it's where you guys are at.
But I have more for you man tell me a little bit more about the these it's almost like a faction right yeah, essentially that each
of the different characters while they're on subdows and you want to come out and voting as well. Is that going to be on chain voting and what kind of stuff will they be able to vote on?
So right now, the platform that we have right now is in beta. So the way it works, it's wallet locked. So it depends on like whichever faction you get into, right? You're basically locked into that faction. If you have multiple, you can choose which one you want to get locked into for a certain time period.
Consider it as seasons right? Yeah, but we do have we do have firewalls in place as well just to make sure Like people don't just like keep creating
you wallets and you know we do have a couple things in place but it's unwise to say publicly what firewalls we have right people just try to tackle it. In terms of proposals and votes we do have in
We do have a certain like rules put in place where people can propose whatever they want to do right whatever they want to do with the funds we're trying to keep we want to push autonomy so like whatever the faction wants to do they can just make a proposal and vote on it as well as
each faction is going to have a certain council that is basically super tapped into their sub-down. And then once a proposal is basically proposed, right, for lack of better terms, the faction just gets to vote. And then it passes if the passes are not
You know, things just go from there. We do as securities also one of our biggest concerns, right? In terms of quite a bit of things that we've put up a lot of thought and effort and actually not only just thought about it, but actually put work towards it.
That's sick then. Yeah, yeah, security is so important. Whether that be your contracts, whether that be stuff like your Discord server, there's so many facets to it, you've got to be secure. People are always looking for these attack vectors. I'm glad that's top of mind. I think it should be on top of mind for
for everybody in the space, but especially projects. It just feels like it's where bad actors go to try to take. Definitely. So yeah, that makes a ton of sense. Hi guys, I'm Super Bullish. I'm really excited for your project. I don't know which one of you guys is.
It is part of magic down, hopefully both, but please, you know, top of the charts keep us posted as you guys develop further and Happy to bring you guys back on to one of these as you get closer to mint as well Appreciate so much super super excited. Yeah, I'm really loving your project guys
Thank you, man. It's a team effort. You know, it's just everyone's minds collectively working towards trying to build something dope. It's gotta be. Yeah, it's gotta be. And it looks like you guys have got some solid team members behind you, including the aren't folks, including the business folks, including your co-founder. So definitely well positioned guys super, super.
I'm not just saying this to you, I'm like I'm genuinely like the other doing. Yeah, I hope not like I really welcome criticism right I like if you're here to shit on a project, but it's constructive I'll go for it, you know, yeah, yeah, no, I mean I generally I'm I'm not super easy, but you know, I generally don't know
sound in a little easy bro. Fuck that's great. Comet off guard that's good. No, no, you know, I'm generally never never too harsh on a project, but I just I don't lie either, you know, I won't be saying nice thing. It's one of those like I might have anything nice to say. I just won't say anything at all.
but you guys are doing some sections. So fucking career out, guys. Appreciate it, man. Yo, so it's funny. I think like we had a couple more projects lined up that I was talking to, but I think just with the with the market and shit, a couple were not able to make it.
I would assume it's a weird day. I even considered postponing this just because like, it's just a weird day. You know, it's a weird day to talk about like shit. We're bullish on or projects that we're bullish on considering like what's going on. But I think, you know, as we've heard today, like, you know, the folks are building or still building as it's had a few times. So, yeah, but#
It's all that's to say that a few folks have enjoyed us. Totally fine. Don't hold them to it. I wouldn't get upset at them. Hopefully we can set up some time with some of those other projects during the next space. But that's about it for the project that are here today. That's about it for me.
So if you have any questions, just raise your hand. I'll bring you guys up. Otherwise, we can wrap this down members. I do have a secret code for you as well, which I'll give you guys at the very end. And then down members, again, don't forget there is a
hackathon in like 15 minutes as well that you guys can attend and there will be a super code during that as well for you guys to our magic points. So yeah, I got a question for you, Hacori, your beta platform. I'm just wondering is that
Do you guys plan on being fully on chain or are you guys on chain now or? No, we do plan on big on chain in the future right now. It's basically a proof of concept, right? So we want everything to be as functional as we can and then once we get like community feedback within
Let's say the first two weeks, that's when we start implementing. So we're gearing up right now, just to be quick and ready as soon as things happen. Nice, nice. And what about the art studio? Can you, can you, can you dox the art studio so we can check them out or is that private?
Our plans are to dox like in the near future so definitely coming soon definitely
as of right now.
I'm not sure, you know, that's as well as up to them. So I'm not going to like tell them that we're going to be doxing in the future that I'm doxing right now. No, no, no, no.
and understand. Yeah, actually, I really like the concept of this. I'm gonna do a deep dive into it. But yeah, of course.
I appreciate you guys. Some of the questions I've definitely stumped when you consider as far as the data and if the RStudio is docs, yeah, which I can love to approach them and so I can give them some props. So whenever I'm docs, I'm going to, I'm going to have a lot of luck for sure. Yeah, and then I wanted to
kind of touch base and something I said earlier with the with the epoch. So Solana Labs basically sent out that, you know, only 25% that's their max. They won't let 20 only 25% of the total state can be unstaked. So I think
Some of that number that we see being unstaked is not going to happen, which is kind of bullish, right? It gives a little bit of time for this market to settle down and people make some financial decisions.
For the record I just DC8 in at 16. I just want that on record Thank you for your thank you for telling us I feel like I'm always bothering you first
for numbers. So that's good signal for me. I think I might have to join you. NFA, do your own research.
I think we have a question for any of the products that we have with us. Not directly, we are also in the process of educating ourselves.
And of course, we are also wondering what will happen to the market, whether we should continue to put all our energy into salt, but we still believe in it. And that's why it was nice that you as magic though also things like that.
Oh yeah, man. Yeah, absolutely. I think, I mean, everybody who works with the Dow, a lot of our down members, I mean, we are soul maxes or at least, you know, are heavily involved in the sole ecosystem. So yeah, you gotta have faith.
that have fit. And yeah, hey guys, I would love to check out your Twitter now. It was pretty interesting. I would love to bring you guys on to talk about your project on the next Douse Space. Just shoot me a DM. I just followed you guys.
Oh, thanks for that. One is your next AMA that we can join in and talk a little bit about our project. Should we same time next week, if not, it might be Tuesday next week.
depending on the schedule for the week. But I'll let you know and you got your shimidium. Oh yes, okay that sounds really nice. Happy to have a chat with cool products for sure. Okay nice nice nice.
Okay, then I think other people can talk right now because then I would take the time that we can talk next week easily and have a nice MA.
any other questions for the projects that we have up here? We can wrap this, give folks time in between this and the hack balance session that is coming right up.
Okay, I think we're good. All right guys, down members. I've got a code for you. Give your moment. Let me make sure that I give you guys the wrong code. Okay. The secret code for you all to earn community three points for attending this.
Magic Downshell session is Shilling that's SHIL in all lowercase The question will close shortly after the space ends. Please don't share that shit. I always worry about the that's you getting shared but
I think everybody in the DAO is of high integrity. I think we're good. I'm going to repeat it one more time. Anybody didn't hear it is shillin/shilin/slin/ I enter that code into the community request for the Magic DAO and Shil space and you will get your community
your points. Thank you everybody for joining us. Thank you for all these awesome projects. Guys, check out their socials, their Twitter, their Discord. Join them. Talk to them. These are quality projects. I do get a decent amount of applications for this space. So we do that and make sure that the folks that we bring on are of quality.
So that being said, I will see you guys sometime next week. I believe same time next week, but I'll confirm Indy Dow channels. And always looking to grow the space guys. Please help me do that. Share, retweet whatever the fuck like. Do all that shit. Tell your friends about it. We'd love to hear from more folks. If you guys are friends with
project founders, share it, feel free to share the sign up link with them. Happy to talk to quality projects and again grow those spaces. Members of our DAO can get that alpha directly from the mouths of these founders and the project teams. So that being said, my spills done. Thank you guys again. Have a great rest of the day.

FAQ on MagicDAO & Shill | Twitter Space Recording

Who is the host of the podcast?
The podcast does not provide a clear answer to this question.
What is the topic of discussion for the podcast?
The podcast discusses the current state of the market and how it affects the Solana ecosystem.
What is the name of the Solana project mentioned in the podcast that stakes Solana?
The name of the Solana project that stakes Solana is not provided in the podcast.
What does the term 'max payne' refer to in the context of the podcast?
The term 'max payne' is not clearly defined in the podcast, but it may refer to predicting the maximum amount of loss that can be experienced in the market.
What is the website mentioned in the podcast for tracking Solana validators?
The website mentioned in the podcast for tracking Solana validators is 'salanacompass.com.'
What is the concern mentioned in the podcast regarding the Solana ecosystem?
The concern mentioned in the podcast regarding the Solana ecosystem is that one institution, FTX, was able to significantly impact the market and cause market uncertainty.
What is the term used in the podcast to refer to the recent market downturn?
The term used in the podcast to refer to the recent market downturn is 'epocalypse.'
What is the speculation mentioned in the podcast regarding Solana's unstaked supply?
The speculation mentioned in the podcast is that Alameda or FTX may own a large portion of the unstaked supply and may liquidate it.
What is the general consensus among the podcast speakers regarding the long-term viability of the Solana ecosystem?
The general consensus among the podcast speakers is that the fundamentals of the Solana ecosystem remain sound, despite recent market uncertainty.
What is the name of the Solana project mentioned in the podcast that is fleeing to the Ethereum network?
The podcast does not provide the name of the Solana project that is fleeing to the Ethereum network.