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Me $PAUL: Who is he?🎙
Recorded: June 15, 2023 Duration: 1:09:40Space Recording
Full Transcription
I've been in the space, like, since early stages of the whole space, basically, mined a little bit, like, late 2009, and mined back again in 2011, carried on.
I wasn't, well, I come from a gaming background, so I had plenty of equipment ready there for me to jump in the wagon, so I did.
By 2013, by 2013, I was, but then I was, and then I was in the space, and then I started my journey, and then I started my journey, full-on 2015, 2016, professionally in the crypto space.
I worked with South Korean projects, and then I started building my own infrastructures
and doing research mainly in Whitbury and following trends, trying to come out with
some novel infrastructures.
Me and Neet have been building for the past few years.
We have a few projects together, that's a brief about me.
Yeah I can go next, hey guys, I'm Greg or GM, I'm in a space quite long as well, I'm kind
of a nerd and dev since like 15 years or over, I've experienced being in crypto since I know
NAZ was like, I think like 2014, 2015, I was doing like EAT mining pools mostly, when EAT
was still a proof of work, and then kind of started smart contract development and that's
where we are.
We came to this idea of getting Meeple launched and I was working on all the smart contracts
and I met NAZ, so yeah that's a brief about me.
Well you forgot one thing.
I think it was, you took part of the first fork of Bitcoin, I think which was a huge thing
in the space at the time.
Yeah, I worked with the Bitcore team, which is the first official GPU fork of Bitcoin.
So practically it was before Bitcoin Cash, but it didn't have that much marketing push
at that time and it was GPU based, so no ASICs or no ASICs mining on that, so yeah that was
my Bitcoin times and before I moved to Solidity.
Yeah, thanks nice.
No worries.
Okay, thanks very much Nassim and Greg for the introduction.
Let's start with what's the concept behind Meeple and how does it relate to being a fully
AI generated community driven meme project?
Yeah, I mean Meeple is first of all I'd say it's the first real life meme coin or meme token.
There haven't been any prior to this.
So we decided to just come out with something new, something fresh, something that is, well
funny at the time and also has a few messages like for everyone to see.
I don't know if you followed or anyone have seen the video of Meeple and the whole interaction
of this fictional character Paul that met Jay-Z in Paris and then Jay-Z with his ego goes who
are you and he goes Meeple, so it was fun.
I mean everyone that watched it laughed about it, but it shows other things and it shows
the reality of it, but everything that we did from then was AI built.
And generated in terms of tokenomics, in terms of the memes that we have currently around
the community circulating online or pretty much everywhere around Meeple or Paul as a
meme itself have been either generated by our team or me and Greg that have been playing around
for the past few weeks.
There is more to that.
We'll get to something super interesting around what we have for the community in terms of
the meme generation and creation.
Yeah, that's right.
Yeah, and so this idea was around can we create a kind of a fictional character around the real
story or a real life event.
And I think it's quite unique what we started and the community just grew in like weeks to
quite huge.
So that's why I was thinking we need to push this, we need to push this out and that's how
the whole concept came.
Awesome, sounds a really cool idea.
And can you explain the governor's model of Meeple and how it allows community members to participate
in decision making?
Oh, sure.
So holders, so we anticipate in a DAO, I think every community should have a DAO,
or any project driven by community should have a DAO, where the community or token holders mostly
will vote for any decision making and moving forward that is of serious concerns or non-serious concerns
in general, especially about the ecosystem where we would introduce later on down the line.
But token holders can vote on decision making proposed either by large bag holders or either
by the Meeple team itself.
And there will be like plenty of contests, plenty of different tools that we will introduce.
There will be community mergers as well.
That is something new that we will introduce.
So it'll be like different communities voting together on a decision taken by different projects.
That will be introduced down the line.
But token holders will be able to vote on all of these sort of activities around the ecosystem itself.
Okay, I see.
And some of the community had sourced some of the NFTs.
I haven't actually seen any, but they said they look really cool.
I'm wondering who created them and what role do NFTs play in the Meeple ecosystem?
And how did they benefit token holders?
Oh, yes.
So we have made plenty of different infrastructures, different ecosystems where we utilize NFTs.
So the way that will benefit them, we'll be creating utility around those NFTs.
Either extra voting powers within the DAO, community mergers.
But those NFTs, for example, could be staked in another platform to gain some of the tokens.
If we ever have a partnership with any different project out there, which I'm sure we have.
We have a few lined up.
We'll discuss it further down the line.
But literally what we want, we want max utility around those NFTs.
And most of them will be AI generated.
And I just want to mention on those NFTs, it will be primarily targeted on token holders.
So it will just benefit token holders.
So the whole utility of these NFTs are built around token holding conditions.
And it's quite a nice utility, which will be announced shortly after post-launch.
So yeah, really cool.
Okay, great.
And yeah, so let's go into the AI.
How does the AI generation process work in creating the means?
For me, Paul, are there specific algorithms or techniques employed?
Yeah, so I can talk about a bit of the technicalities and then ask and cover it up.
So yeah, it's actually like AI generated meme images.
So we built a little app.
It was a while back, like a year ago.
It was like a proof of concept app of creating memes with AI.
So at the time, we used GPT-3.
Now we're using GPT-4 image analysis and basically analyzing those images,
which are sent to this meme creator app.
And then this app, we use kind of different algorithms to generate or analyze what's on the
image and then generate some, either a text around it, like coming up with a funny story,
or it can create a full concept of a meme around a few, basically a few commands, either just AI image
or a text.
And it can create these funny scenarios around it.
And actually, the idea of me, Paul, the naming and the tokenomics and everything was also suggested by
this AI tool.
So yeah, so that's pretty cool.
And it's something like a mesh of Meet Journey's AI and GPT-4.
We're actually using those APIs.
We have a premium access, but it's actually built kind of within like a funny end user app
on top of it.
So that's coming out soon.
And that's in kind of private testing at the moment.
But yeah, it's coming.
So yeah.
Okay, Greg.
And what measures are in place to ensure the quality and appropriateness of the AI generated
means within the Meep or community?
Hi, can you repeat again?
Sorry, I dropped off.
Yeah, sure.
I was asking what measures are in place to ensure the quality and appropriateness
of the AI generated means within the Meep or community?
Yeah, absolutely.
So the DAP that we have built, basically, I mean, in a recap of what Greg was saying,
we are using licensed APIs directly from ChatGPT or GPT-4 OpenAI.
Anyway, the DAP that we built is also open source.
So everything will be transparent to everyone.
We will encourage community members, developers to add in extra resources to the DAP itself
and to grow it together within the community and using our DAO.
So there will be a lot of benefits for token holders.
If we ever get to monetize on this tool, then the community will benefit on that side.
But we also have a huge set of other utilities that will come down the line that will ensure,
I would say, full onboarding of the community.
And hopefully we'll make it last long.
Awesome to see that.
Yeah, I mean, ChatGPT-3 to 4 was a huge leap.
But I was wondering, is there any limitations or challenges in using AI for meme generation in Meep, Paul?
And how do you address them?
No, I mean, what happened, basically, with 3, it's just text-based only.
And then 4, it's read and write.
And basically, it breaks down the image fully.
But we can elaborate more, Greg, about this.
Yeah, yeah, sure.
So, yeah, I mean, as you said, GPT-3 to GPT-4 was a huge leap,
especially because we can kind of push like more advanced commands and advanced kind of rendering.
And it can recognize images or it can kind of recognize the content on the image itself,
which is very important for this kind of meme generation.
Because it can, let's say, recognize the kind of scenario content or items on the image.
And then based on that, creating the story and all the concepts around it,
which then are used by our app or that app.
So, yeah, but in terms of the licensing, it's, of course, the kind of reusability is always a question,
like if you generate, and it's not just on Meep, Paul, but it's a kind of overall ecosystem with AI.
And it's a big question at the moment, like if you generate any image, which is an AI-generated image,
do you have a kind of unlimited rights of use? Or is the company who is behind it,
can they, you know, can they restrict your access or what kind of conditions you need to use?
And I was just looking at recently at Midjourney's legal kind of licensing as well.
And they are actually pretty strict. It's, I mean, the Midjourney images are free for personal use,
but if you use it for business, you need to get like a pro subscription.
And they have a lot of conditions around it, how you can keep those images or use for kind of private
or enterprise use, or if you want to kind of profit from it.
So that's, and I think that's the whole, this AI kind of time which is coming, or I heard the fuss is
like, it's going to bring a lot of questions regarding deep fakes and images and videos,
which are all AI-generated. Actually, it's going to get to the stage where you cannot even
decide if that's content, or if that's meme, or if that text is, is it actually from AI,
or is it the real person behind it? So that's going to be an interesting time, I would say.
Yeah, I mean, the boom of AI has come in. And I think we've seen too many AI tokens so far,
I think a few came out. Cool.
Okay, great, guys. And you've got a pre-sale, I think that's going live now or shortly,
and you had a private sale. I was wondering if we could talk about the pre-sale private sale
vesting periods and the benefits you will receive, you know, as a member of the community.
Oh, yes. So we have a pink sale going right now. Also, we have a bit mark going. On a pink sale,
we have a bonus going on with the first fully pledge-ins, we'll receive an extra bonus.
We have a bit mark 24-hour flash sale as well coming later on down the week. Best in will be fully
decentralized, I think so. So everyone will be able to claim when the pool closes, I think,
a few days later. Greg, it was, let me check the timing, the exact times.
Yeah, it's going to run for four days, closing on 20th of June. And I just wanted to say it's just
open like literally this second. And what we wanted to say is like, we wanted to reward the first 10
people who actually pledge a full ETH. Those wallets will get an extra 50% dropped post-launch tokens.
So it's, yeah, just on that note. And it's going to first come first serve. So first 10 people
putting a full ETH going to have extra 50% at launch. Just wanted to say that. And
also we have a BitMart launchpad going live on Monday and listing straight after two days after.
So it's going to be our primary listing partner with BitMart. And we have MX Global coming after
in a few weeks. It's also confirmed. And we're talking to a few other exchanges. So we're going to
really push it post-launch. Yeah, we have CoinStore coming up as an exchange as well. I mean,
we have like tier two exchanges to start off with so we can diversify and then we'll give it a big push.
Once we stabilize everything, we have like a clear vision where we're heading after launch, of course.
But we have a huge deal of KOLs coming up for the community. We have plenty of activities
also coming up. I'm hoping that we'll grow our community more, make it a fun community and make
holders enjoy themselves in our community pretty much.
Okay, it's an interesting launch then because you've got the BitMart list in 19th of June, but the
token from the pre-sale will be 20th of June, is it? Or am I getting that mixed up and can we go
into the vesting for investors as well? Yes, so the Uniswap will be a day after BitMart.
The first, the pre-sale will be 19th. The listing will be three days later post-launch.
And then also, we have a vesting that will end in eight days from now, which is the 20th day for
pink sales. So everyone will receive their token then or will be able to claim their token within
eight days from now.
Okay, great. And what are the long-term goals or vision for me, Paul, both in terms
of its AI-generated memes and the overall community?
We have a cool roadmap coming up. We want to
further the development on our memed app or AI-generated memes in general, because it's going
to be a huge hit later on down the line. Everyone would like a tool to get a meme to use in their
posts or wherever they want themselves. So we hope this will be a great utility. We're looking to
actually create a telegram bot as well for our depth, for the meeple depth. We have AI
voice control that we will integrate with chat GPT-4 for meeple holders. I mean, most of the tools
will be just basically targeted for and focused around our token holders, NFT holders as well
later on down the line. We have lots of community merging integrations and so on with other projects
and different partnerships that we have lined up. We have meme contests and we have some prizes,
like some really cool prizes for token holders and DAO users mainly. We want people to show
interest and engage mostly in our DAO. We also have plenty of activities coming up, as in right
after the launch, probably a week later, we'll have staking protocols for the meeple token or the
port token coming out. The first staking will be the LP staking protocol. That's something we're looking
forward to, so that means we can keep our liquidity going with that. And people and holders, of course,
will get rewarded in exchange. That's some of them, but we will have a huge deal of engagement later
on down the line, especially with our marketing team. Will's not here. He'll join us at some point, but
the guy's a super degen, well known in the space as well. And at some point, I'm sure we'll go on
another AMA with you guys, unless I could do that post-launch or once we hit our third exchange.
And then we'll talk about what's coming up next. Oh, sorry. I don't know if I muted myself. But
overall, I think you guys should check out our roadmap. We have an exciting roadmap. We will update
it with more things to come. But we have a huge deal of community engagement perks and rewards for token
orders. Okay. I was wondering, how does the team at Meeple handle any potential copyright or
intellectual property concerns related to the AI-generated memes?
Oh, yeah. So we would not hold any copyrights on whatever the community will generate. And usually,
like Greg explained about mid-journey, it all boils down to the endpoint licenses. So basically,
like if we use a super open source AI tool, like GPT-4 and something similar,
we're not going to be sued for any copyrights and stuff like that. Everything will be pretty much unique
to what the user creates, basically. And we will make sure to try and build a tool around it where
we can verify if a generated meme exists already or not.
I see. And how does Meeple foster and encourage active participation and engagement from
its community members after the launch?
Oh, yes. So first of all, if we're rewarding, as I said, we have an LP or liquidity pool for Meeple token,
the staking protocol coming out. So people can actually stake their tokens, their LP tokens,
and get rewarded by Meeple tokens. Also, the NFTs down the line will be also staked. We have a staking
protocol for NFTs that we worked on already. We will introduce it down the line. Also,
we have our AI voice tool coming out. Unfortunately, a few friends told us that you should put the
Paul voice on there. And honestly, it sounds so ugly. So we're going to have a robotic voice instead.
Yeah, we'll see how the community and the DAO do about it. And we'll engage them. And we'll see how it goes from there.
Yeah. And the idea around the app is also actually to engage the community. So after we release the
initial version, we're kind of planning to open source the whole product and work on GitHub. And then get the
community, how we want to proceed with the development and what should be included in the next releases.
So it will be a fully kind of community driven initiative. So that's what we are planning to do.
Yeah. I mean, there is a uniqueness about Meeple in general for it as a meme. I mean, it's the first real
life meme token or real life concept that been introduced in the crypto space. So we're looking
to look after it. We have a huge backup behind it as well, which is amazing. All our OG friends just
backed us up because they find it really funny. And it's a first of its kind, like a one-time concept,
like introducing something real life in crypto through a meme. So let's see how it goes. I think
it will build up. I've seen some videos about Jay-Z arguing about showing his ego and that little
clip. But yeah, I urge you guys to see the video and give it a good laugh. That's about it really.
Okay. You mentioned there the LP staking. I was wondering, what's the APR, APY, and is it locked,
unlocked staking?
Yes. I can talk about that. So we have, if you guys see our tokenomics, there is a 20% of all the
kind of supply, 20% of tokens blocked or reserved on a smart contract for staking once the staking goes
live. So that's where we're going to have the kind of staking allocated funds. And how this
staking smart contract works is basically we set an initial APY for the users. And then we set how
long we want to kind of the staking protocol to use those assets which are on the staking contract.
So initially, that's like 20% of the tokens, which will works out the APY for, let's say,
another two, three years down the line, which will distribute those tokens between stakers or
people who stake LP, PolLP and Pol tokens, basically. They will receive those staking rewards. So it has a
pretty unique and way like good APY, which is then distributed to the users. Now, the smart contract is
already ready and it's audited. And what's nice about it, it can also support buybacks. So we can
top up those staking rewards as we go. So if the team decides to top up or buy back tokens and top
up staking rewards. So it's not like it's going to finish, let's say, in a year or two years. It's
depending on how the community is involved and how the staking goes. We can, you know, top up those
rewards and do buybacks on the token itself.
That's it, Greg. And are there any plans to collaborate or integrate with other crypto
projects or platforms in the future?
Yes. I mean, we have a few partnerships coming up. Integrations with other platforms, absolutely.
We're looking to utilize our NFTs in terms of integrations with some decentralized platforms
that we have already spoken to. The idea was to exchange, they will have to utilize an NFT for
that later on down the line. And basically we'll be able to stake our Nepal NFTs in other platforms and
earn some percentage of their tokens for the services we're providing them.
For example, but...
Okay.
Go ahead.
So, yeah, I was just going to say, so you're not going to renounce this contract?
So I was wondering what security is in place for the community members and the holdings?
No, the token contract itself will be renounced. It's a standard ERC-20 contract without any
extra functions or anything which the kind of deployer address can do. There is a separate contract
for, of course, the staking contract. The staking contract holds some funds, tokens for the staking
protocol itself. But that's, that's in a sense, we cannot withdraw from that contract. But we can
top it, we can top it up. Yes, exactly.
So that contract is audited. So everyone can go on our GitHub or GitLab and check all the audits of
any contract that will introduce the ecosystem.
Yeah. But definitely the main token contract, which is getting listed on exchanges and the LP is all,
is all, all renounced and we don't have any ownership over it.
Okay. I've got you guys. Thanks. And going forward after the launch, what's the sort of
marketing plans for the first quarter to promote Meepo?
Yeah, we have a huge list of KOLs, marketing plan. Like I said, we have a really solid marketer,
a DGN marketer with us, US-based. We have a huge deal of, of an army actually that's been with us
since the start of the whole concept and the belief in us. We will have plenty of pre-listing
marketing campaigns. And also, I'm sure you will hear about us all over the, the crypto news.
I think we were on Bitcoinist. We will be on Bloomberg as the first real life meme token.
We will be on other, I would say, we have Coin Telegraph coming up as well. I mean, we have a huge
list like that. And we will follow up with multiple articles on development as well, which is...
Yeah. A lot of, a lot of PR articles already went out like on Yahoo Finance. You can, you can
search for me. Paul is there. Market Watch, Benzinga. It's a lot of, we pushed, we pushed, we have a
PR company behind it. They pushed it to like 200 new news outlets already and more is coming. So it's,
it's, there is a marketing push behind, behind this idea. So, yeah.
Okay. And we touched on NFTs earlier. How many are going to be minted
for the collection? What will be the cost? And is there a utility attached to it?
Depending on community growth, we were thinking to release different collections. And then there will
be a voting system based on holding conditions. Obviously, our DAO will vote on decisions if there
is any necessity of minting future NFTs for certain collections or certain amount that will be minted.
But it will be a collection of 3333, so 3,333 NFTs that will be minted at first. And then
that's the first collection. We'll see how that collection will play out. But we don't want to
restrict access later on down the line. So it will be up to the community to drive the whole project
forward by voting and using our DAO. Okay. Will they be voting on the profits from the NFTs or will
there be buyback and burns? Will there be useful marketing? Anything that the community would feel
to vote for? I mean, it will be free for anyone that has whatever holding conditions will be proposed
there for casting a proposal or for posting a proposal. Not casting a proposal. But yeah,
there will be holding conditions. A certain amount of tokens held will allow certain holders to
propose anything they want to the community. If we feel that it is inappropriate, then we have to
take it off. There will be a vote to take it down. But realistically, we want the whole community to
drive the project forward. Okay, let's open it up to the audience. I see we've got Asia here. You had a
question for Nassima. Greg and Meepol. Go ahead. Yeah. Thanks, Glenn. I have a few questions. So
according to your white paper, Meepol is positioned as a pioneering force in innovation as the world's
first meme coin generated by AI. I want to understand whether this implies that Meepol's smart contract
is developed by an AI model? And if all the functionalities of the contract are governed by an AI algorithm?
Yes, I can briefly answer that. Basically, some part of the concepts are generated by AI algorithms. And I would
say smart contracts are not, we have to code them ourselves. Although ChatGPT has the power to verify
certain smart contracts. But we built our own DJI smart contract tool. You can find us a Telegram bot as
well, where you actually employ any token address and gives you all the safety score around it. So we
use our own scanning tools for smart contracts. And we also use our third party audit partners. We
partnered with multiple XRP and Solidproof and a few others that are quite famous in space. But we use
their API sometimes on their tools that some of them claim their AI tools, but realistically not. At the
moment, the way that you can generate a simple token using AI tool, but complex staking protocols,
you need a human touch for it. The rest of it is all AI-generated.
Yeah, very good question, Asia. And on the smart contract side, yeah, that's an ask over it. What
also is AI-generated was bits and boxed in a white paper. For example, the total supply, we run a big data
analysis on different tokens. And they used these commands to come up with a kind of suggested token
allocation and split if we want to have a staking rewards and all that. So that was all kind of AI
infused on top of that. But as I said, the smart contracts with AI, we kind of crafted them
ourselves and then followed with an audit. So we didn't go that far. But all the concepts around
the idea and bringing it out, the images initially, and all the artwork, it was all AI-generated.
We cannot hear you, by the way.
Can you hear me now?
I think we are hearing you from a distance, like very, very quiet.
Not far from my, from the mic.
I don't feel lost in there, Asia.
Can you hear me?
No, it's very quiet. Yeah, very faint.
Now?
Oh yeah, we can hear you now, yeah.
Okay. Okay. You mentioned that MEPOL enables token holders to actively engage in decision-making
processes, granting them the ability to propose and vote on crucial matters. I would like to
understand the minimum number of native token investors required to participate in the governance
system. Additionally, I'm curious to know if investors holding a greater number of tokens possess
more voting power compared to others?
I can jump on this. No, actually, the voting power will be similar to everyone, but posting a proposal
would need a certain amount of holding condition, basically. So you would need to hold a certain
amount of tokens. We'll make it equal. We'll give like a more super power to large holders, but realistically,
everyone can cast a vote. That is holding. Any holder can cast a vote.
You are far again, by the way.
Are you there, Asia?
Yeah, Glenn.
Oh, everything here, yeah?
Um, what if you're quitting and then let's move on to, let's see, uh, Captain Levi, you have a question.
Go ahead.
Yeah, um, thanks, Glenn. Um, am I coming through all right?
Yeah, I'm there.
Okay, I, I really enjoyed the demonstration, I must say. I, I wanted asking, um, the introduction
part of your white paper, I think you touched on this before. I just wanted to elaborate a bit more.
You made mention of, by providing inclusivity, transparency, and
long-term value. Meeple seeks to create an ecosystem that fosters
shared success. Um, when I asked, um, am I coming through all right now?
Yeah, yeah, yeah, I can hear you. Yeah, yeah. Just a little bit. Okay.
Oh, sorry about that. Um, I, I wanted asking about, um, the engagement. What kind of engagement
activities are currently available? And how does it provide value, um, aside from providing awareness
to Meeple?
Yes, um, so we'll have some contests around memes in general. Uh, since we have our meme app,
um, there will be rewards, basically, um, for people that create some certain memes, depending
on what contests we'll have. Um, we'll be probably creating memes for other communities. Our other
meme tokens will be able to generate the AI, um, memes through our app. Um, and every time, um, we
monetize on that, for example, then, uh, um, the community will benefit from it. Well, basically,
the community, when I say communities, more, um, token holders, or, uh, sometimes NFT holders,
um, will benefit from all the process of that. But that's one side of it. Um, we will have, um,
a lot of tools, I would say, different, um, different tools that will be introduced later on to the
ecosystem. Um, and I'm sure it will benefit everyone. Okay. Um, catching you on that, uh,
you made mention of memes for other communities. Um, are we talking about, because there are a
variety of genre of communities out there, uh, for example, the GoCoinTalk community focuses on
providing education and awareness, um, while other communities have different specifications,
um, are there going, is it going to be, um, a themed meme, um, kind of contest? And then,
would it be based on what that community provides to offer? Uh, it will be basically, um, exactly
what you said, uh, but, um, it could be anything. Um, it could be other mergers, like the different
activities that other communities have, and that we can introduce, um, with us. The, uh, um, the whole
concept of the DAP, of the Meeple meme app, um, is basically to be able to generate any type of meme.
Uh, we'll be generating our in-house memes with, um, our app itself, but, um, only for Meeple,
but anyone can come in and generate anything they want, um, basically. Um, we'll have contests
around, obviously, Meeple and people, um, whoever, basically, holders will be able to, um, participate,
um, use our app, or, um, for example, we'll have, like, plenty of tests, upcoming tests, um,
when we'll have our growth, um, um, one time for growth comes, basically, when we introduce,
uh, a fully open source, um, solution, so, um, people can have an input as well on the growth of
the app, or the development, or the growth development in general. Um, we would like, um,
also, um, um, developers, if there is any developers here to, um, introduce ideas, if they have any ideas
around it, um, they can go on our GitHub, um, check what we're building, um, and we'd love that,
um, anyone with, um, um, a meme concept, um, to tell us, um, or to give us any feedback as well,
um, about what we're doing as well, so join the community and, um, get engaged, get engaging,
basically. Wow, that's pretty awesome and quite intense, I must say. Um, here's my last question.
Um, you guys are AI-generated or your AI-themed, um, as a meme coin. Um, what's been trending for a
couple of months now is all the different new breeds of, um, AI-related technologies that's out
there. Um, you, you said that you want to combine the ingenuity of AI algorithms with humor and
creativity of means. Uh, do you have any, um, AI engineers on your team or, um, uh, the AI source
technologies, are they, um, from your team or are they outsourced from third-party providers?
Um, certain API tools, we are, I mean, we, we are the builders, we are the developers behind them,
but, uh, we do use, uh, um, certain endpoints from, um, as we mentioned at the beginning, um,
GPT-4 has been a super helpful tool, um, since they introduced, uh, um, full read of images or
imagery in general. Um, um, but we do, uh, um, develop mostly our own tools on the side of using
certain endpoints that are useful for, um, um, for the tool that we built.
Yeah, so it's an in-house, in-house developed app, but the idea is that we're opening it up to the,
you know, community and then getting more developers onboarded who, who, who like the idea and wanna,
wanna contribute to an open source projects really. Um, that's, that's the kind of main concept
because I, I believe the, as you said, like a longevity, if, if you wanna maintain the projects,
it needs to get like acceptance from the communities, needs to be supported, uh, you know,
like in-house team cannot support something for a really long term without, without, you know,
financial compensation or, or anything. And we, our team is, you know, completely
decentralized and, and just a community members who, who wanna build this stuff. So it's not like we
seeking any compensation or anything from it. So, um, but, but then of course it needs a strong
community support. Otherwise it, it, it, it, it can barely serve survive. If you see a lot of these
tokens, they launch and two weeks later they go on. Um, of course we don't want that.
We wanna be here for a bit longer. So yeah, that's the idea.
I really appreciate the detailed answers. Sorry about that.
No, that's totally fine. I mean, the ideas, um, um, our meme app will be, um, open for the use of
anybody, even outside our community, we're gonna try and, um, reach out to as many people as possible.
There's an, uh, a meme, um, tool that, um, that is out there and crypto users can, um, can use it by
holding, um, me pool tokens. So, um, we'll get to grow, um, our token that way and grow the community.
I, I really observe, um, appreciate the detailed answers to the questions. Me, Paul and Nassim,
it's really cool. And the uniqueness stands out. Um, I wish you guys the very best. And I hope that the
me, Paul and the me, Paul ecosystem stays foolish moonward. Thanks a lot, Glenn. Over to you.
Thanks for the, uh, questions, Captain Leva. Let's go back to Aishu with her question now. Are you there, Aishu?
Yeah, Glenn. Am I clear and loud now?
Yes. Yep. Yep. Oh, that's great. Okay. According to the roadmap for the third quarter of 2023,
it stated that there will be a launch of the Me, Paul meme contest, offering Paul tokens as rewards.
Could you please provide additional information about this meme contest,
including how community members can participate and what kind of rewards they can expect to receive?
Sure. Um, we were thinking to introduce it once we have our NFT collection out, uh, the rewards could be,
um, defer, deferring from tokens. Usually we do tokens, uh, but, uh, we will introduce, um, a huge wave of,
uh, contests when, once we have our, um, uh, NFTs collections out, um, like this, or most of our
users can, uh, can utilize those NFTs later on down the line. Um, I mean, our NFTs are utility NFTs. Um,
so yeah, we want to get the, we want to get the meme contest out. So, you know, like when, when the beta
testing starts on the app, uh, we will waiting for the community to kind of provide your best, uh,
memes or the generated memes and, and then, you know, best, best can get the prices and those prices
can be tokens. And, uh, that's the first, that's the first concept or that's the first contest that
we are anticipating, but we have more, um, later on down the line, um, all, all around utilization or
our meme DAP as a utility, um, primarily basically.
Yeah. And we have quite a good context with other, other token teams. So there will be some cross
promo opportunities as well, uh, with, with other and bigger projects. So which, which are already
kind of, uh, uh, have a plan to use this kind of tool. So, so that would be just kind of a free
advertising for, for this token. So, uh, more to be announced on that. Yeah. Wonderful. Okay. I also
observed on your roadmap that there are plans for me for merchandise and collaborations with
the renowned meme artists for NFTs. I would like to know if this merchandise will be exclusively
available to ball token holders, or if it will be accessible to our broader audience.
Um, I think we will make it accessible for a broader audience to get our community growing. That's, uh,
the basic idea of merchandise in general is, uh, it plays a huge role in marketing. Um, especially if we
have anyone wearing it, but, um, obviously we'll have made.
I think we lost units.
... discounts for holders. We will have prizes like merchandise for holders on monthly basis depending.
Hello? Yeah, I can hear you now. I lost you for a second. How about now? Everyone can hear me? Good. Um,
yeah. So the merchandise plays a big role in marketing. Um, we want to, uh, broaden access to it. Uh, we'll be
giving out a lot of merchandise, um, as prizes to token holders and also, um, we'll be joining plenty of, um, crypto
web three NFT events, um, around the world where we'll be giving our merchandise. Um, and, um, I'm sure
there will be like plenty of, um, unique stuff with, um, collaborations from, um, different well-known, uh, brands.
Um, um, and, um, um, um, there'll be like, um, I would say a huge, we're looking for unique
merchandise to tell you the truth, guys. Um, we were thinking to introduce certain, um, aspect of
that on our DAO and, um, get people creative as well on that side. But, um, in terms of, uh, merchandise,
um, there'll be some really cool news coming out, um, with the cool collaboration, um, um, with someone that
will be building, um, certain tools for us. Um, and, um, um, um, I would say a really famous brand,
but, uh, yeah, keep it, uh, posted. Just wait for announcements for now.
I understood. Thank you. Thank you so much for answering my questions.
Thanks for the questionization. Next up, we've got Venice. Uh, you had a question for, uh,
the similar Greg, go ahead.
Yeah. Thank you so much. Uh,
Okay. Uh, I have been actively listening and taking notes and I must say I have a lot of
questions I would like love to ask. Okay. Uh, so as you guys aim to prioritize community-driven
governance, so in addition to proposing and voting and important matters, have you considered
implementing a reputation or expertise-based system to where community members force? Uh, I mean,
how might this further enhance the decision-making process and ensure informed
decisions outcomes as compared to just yes or no, uh, for a voting mechanism?
Yeah, that's a pretty good question. So I think what we, what, how the, this kind of decentralized,
uh, application will work or the voting app, uh, it's, it's not, not just a simple yes or no,
but it's, uh, it will be kind of on multiple factors like, um, um, waiting on, on total allocation
per, per holding or holding condition. If, if, if like, if you hold tokens, you, you get a
actually a bit more allocation on, on, on, on those decisions, right? So it's, if, and the community
moves I had based, based on those decisions, uh, now, and, and as I think we mentioned before,
like if you want to create, uh, uh, a vote or you want to propose something to the community,
we, you could do it with quite a small allocation or quite a small number of tokens, uh, but, but to
give or, or win a majority on, on some decision, you, you, you need a lot of contributors for that
to, to, to agree with you basically. So, so anyone can propose anything, but, but to actually get a
majority of votes and there is some quorum, like minimum quorum of tokens, which needs to be kind
of pledged, uh, for, for those votes, uh, to, to go through, right? So if you, if you, if you,
if you're not met the quorum, then it's, it's, it's not going to go through. So, so not, not,
it doesn't mean that all the decisions will just be accepted by default because, uh, the community
will get involved and they, they want or download those decisions. And if the not enough number of
tokens are pledged for that decision, that's just gets reverted and it's not going to be implemented.
Okay. Uh, it makes, uh, completely, it makes sense. Okay. Uh, will the AI chat port functionality
that is mentioned in the white paper, uh, will it include multilingual, multilingual support,
enabling users to communicate in their preferred language, regardless of the linguistic origin?
Okay. Yeah, that's a good question. So at the moment it's, I mean, English only, but as, as we
roll out the beta, um, there, yeah, there are plans for, for more languages. It's, it's just,
I think different challenges around if it's, once we start going with, uh, multiple languages or
multilingual support in, in terms of those algorithms. Uh, but yeah, definitely there,
there will be on the road map. Uh, but for beta, it will be English only.
Okay. And, uh, will it, uh, remain same? Like you mentioned that you guys, uh, will use English for
your AI chat port. So, uh, will it be, uh, English only for a voice tool as well?
Uh, yeah, yeah. For, for the first release, it's, uh, it's, it's English only. Otherwise it would,
uh, delay the kind of initial roadmap or, or plans, but yeah, it's a, it's a pretty good question.
Uh, uh, it, yeah, we will deal and go, we'll come, but, but yeah, not, not initially.
Okay. We will encourage, we will encourage people, uh, or token holders, um, developers,
users that could help us actually, I mean, um, introduce different languages to come on board and,
DM us, send us a DM and, uh, we can talk further down the line. If you can offer help on that side,
then, uh, we can launch in English and the second language at the same time. We'll be super happy.
Okay. Yeah. That will be really cool. And, uh, there's one last question. I would like to, uh,
ask you that, uh, with the advancement in AI, uh, will your AI voice tool have an emotional intelligence
to understand and respond appropriately to users emotional states or needs and regarding the AI
chatbot, uh, maybe it can detect and respond to users emotions, providing personalized and empathetic
interactions.
That's a good question. And, uh, yes, we will try and do that down the line in terms of emotions.
I think it will be blunt to start off with for version one. It will be like, just basically,
as you use series on your iPhones. Um, it will just tell you, I won't understand it or I don't
understand it or no response basically, but, um, we will, um, evolve. Um, like I said, this,
this is just going to be a version one. Um, we'll have many versions down the line, um,
while we're seeing AI evolve and we'll have more access to, um, more advanced AI tools and AI and
points that we can use.
Yeah. And in terms of, in terms of image, um, analysis, it, it can indeed recognize some, um,
some, some of the like, uh, happiness or, or some basic, uh, some basic, uh, traits and it can analyze
it, but, but then there is obviously some, uh, success or, or failure rate on, on those. Uh, so,
which needs to be constantly improved. So yeah, definitely that's being
worked on. Uh, but, but it takes, take some time to, to get to that kind of success ratio.
We want with those kind of analyzing the traits from, from those images. Like,
let's say if you post, um, um, a meme with an images, or you post few images and you want to
generate, uh, uh, a scene out of that image, let's say create a story around it and, or, or create a
part of the rest of the image, or, or basically come up with some scenario.
Uh, it, it needs to analyze if it's, if it's like, what, what, what is on the image first?
Um, if it's multiple objects or, or what's the focus of that image and, and then, and, and, and,
and those traits, like, uh, as I said, like, uh, I don't know, a crying baby or, uh, or a barking dog.
And, and it can create those memes based on those, what's on those images, uh, and yeah, and the story.
So, so that's the idea. Yeah. Yeah. That, that seems really amazing.
And I deeply appreciate the knowledge shared today. And thank you so much for providing
insightful answers to my questions as well. No worries. Thank you so much.
Thanks for the questions, Vanish. Next we've got Ruma. You had a question. Go ahead.
Yeah. Yeah. Thank you, Clint. Okay. So with the integration of the AI chat for functionality,
how will users data and privacy be protected? I mean, when the chats, the end to end encrypted and
will users also be able to use this AI chat bot in making good financial decisions aside from creating
memes? Uh, it's not, not really for financial decisions. It's going to be a purely more like a
meme meme app, like, uh, generating funny pictures or stories or coming up with some, uh, voice of like this,
as we said, like the polo, um, voice of me, Paul is definitely not a financial, financial app or any
tool around that. Um, yeah, so no, no, no, no, no, the financial advice. Yeah. Yeah.
But it can come up with a funny story around like memes and stuff, but yeah, it's, it's not going to be
an investing app. Okay. Understood. Okay. Are there any plans to explore other blockchain networks or
later solutions and going cross-chain with all token in the future?
Yeah. And now you're touching on a very good question around, uh, so that NFT collection we,
we mentioned, it, it might, uh, be a cross platform. So we are looking at BRC20, uh,
one ordinals, uh, with kind of multi or cross platform functionality. So, yeah, so that's definitely,
um, coming, but yeah, stay tuned for the announcements around that. Awesome. Awesome.
Okay. And I was thinking, are there any plans for me, Paul, to collaborate with charitable
organizations to engage in philanthropic efforts to give back to the wider community as well?
Do you want to talk about that mass around charitable efforts or? Sorry, I've been talking and my
microphone has been muted. I apologize guys. Um, yeah, we, we will do that down the line. Um,
and of course it's going to be part of the decision making that the community will take in which charity
will, um, give a certain buyback of token to, or, um, a pot that was introduced for any cause that we
will find, um, um, necessary around the world. For example, um, we can always put a certain amount of funds
um, um, in a pot and then, um, give it to a certain, um, um, charity, um, that would think,
uh, or after a good due diligence will, um, um, like would think that it's, it's necessary to do
so then we'll give it to that charity, but, um, it will be a selection based on community decision.
Awesome. Yeah. Awesome. Thank you so much for answering. Over to you, Glenn.
You're welcome. Thanks for the questions. Next, we've got Naida. You had a question. Go ahead.
Yes. Thank you. Uh, are there any plans to educate the potential community members to build their
skills and enhance their knowledge so that they can derive the project wheel towards success?
Absolutely. Uh, I mean, there's a huge learning curve. Um, also like engaging the community,
you will find so many people that would teach you anything you want. You can ask the question,
um, directly to our AI tool. Sometimes we'll, um, we'll have certain, I mean, we'll fetch certain
texts that, um, they'll find on the internet. So we'll have like an accurate, an accurate answer to
to the question that you'll ask or a semi accurate or dependent, but, um, our community is full of, um,
Degens and knowledgeable people that, um, would not be shy to, um, tell you what's what in this world.
We will introduce educational concepts. Go ahead.
Okay. And, uh, the white paper mentions continuous innovations. Can you please elaborate on the research
and development efforts? How does the project stay updated with the latest advancement in AI and meme
related cutting edge user experience? Yes. So we will continue adding different decentralized branches,
open source branches to the Meepol ecosystem. Um, that's one thing that will never stop. Um,
with any trend that will come out. Um, I'm sure Meepol will be, um, there following the trend itself.
Uh, um, that's what, that's, um, that's one, but, um, realistically, uh, we want to engage the
community more into, um, um, into helping us towards innovation. Um, even like, um, making decision about
any, um, thing we'll introduce to the ecosystem. And that is beneficial of course, for the token holders,
primarily, like I said earlier, but, um, we have, um, three tools coming up, uh, or three, uh,
utilities for the tokens and the NFTs coming up. Um, first it will be the liquidity, um, pool, um,
stake in protocol. Um, and then we will look down the line to, um, introduce the, um, the V1 of our, um,
um, um, dap, meme dap. Um, and then the AI will come out or AI chat. Um, I would say the AI support
chat. Usually what we can do with all these, um, we can, um, introduce them in, uh, multiple,
um, I would say chat apps like telegram. Um, we can introduce all the tools that we have as a bot.
And obviously you'd need it to be a token holder to, um, to utilize them. Um, and it will prompt,
um, different communities to actually, um, look into Paul and, um, hold Paul to, um, utilize our tool
that way. Um, some of the, um, bots that we have on telegram or that we'll create on telegram for me,
Paul will be, um, could be introduced to any community, uh, and utilized by, um, the community
within that community itself. Um, and it's not necessarily a limited to be used in just our
telegrams or our community, um, social networking sites and so on. So, um, we're looking forward
to actually introduce plenty of utility. Okay. Thank you so much for answering my questions.
You're welcome. Thanks for the questions. Uh, unfortunately we've run out of time,
but it's been great speaking to Nassim and Greg from me, Paul with the AI aspects and the, uh, uh,
bit mark confirmed listing, uh, on launch. Uh, there's lots there and it's could have the secret
source for success, uh, with, uh, me, Paul, but, uh, as we say, welcome to our spaces for
research and education. It's not financial advice. We recommend you check out the me, Paul website,
read the white paper. And if anyone's got any more questions, you can join our official
socials. There'll be, uh, links to the socials. I imagine in the me, Paul, Twitter, uh,
so our telegram is quite vibrant. You guys can join our telegram. Um, we have plenty of, um,
um, users there all chatting to each other about me, Paul, what they can create or the AI generated
means are there as well. Um, and also the pink cell is live. Um, and the first and one full ETH
pledges will get, um, a huge bonus. So, um, good luck. Okay. Thank you very much for coming guys
and take care. Thanks everyone for listening. Thanks everyone. Bye. Bye.
Bye.
