Mycelia 2.0, Series 2 Accessory Packs + More Updates.

Recorded: May 29, 2023 Duration: 0:45:29

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[silence]
Okay! Good morning! Definitely didn't realize the microphone was on just then! Hope everyone was enjoying my 5am morning breathing! That's embarrassing!
That's the axe. I swear, I don't pray like that normally. That's just today. Okay, I'm just sorting out, just coordinating a few things, give me one second.
It's everyone trying to buy a pack. It's just deploying so just give it a minute Okay, just checking that good Okay, so we just posted a tweet on the new dawn page which I'll talk through short
I also know there's lots of Twitter drama going on today, so I'm expecting a little bit less turnout than usual while everyone listens to the fun stuff. Go ahead and like that, like and retweet the spaces link if you guys can
do that for me, that would be great. I know a few people will be hanging out on the big spaces happening at the moment, but that's okay, they can catch up later. Okay, that is good.
Okay, so today I'm going to chat through a few different updates. I can't actually be too loud because it is 5 AM. The first welcome, one and all, to a fun special edition
update my sillier 2.0 or classes back from the drama spaces. I'm glad you had fun. We are going to be chatting through the my sillier 2.0, the series 2 pack drops today, a few more updates and also sending a date for the buying and selling to go live on New Dawn which is something that we're
have obviously been working on for a long time and people are really keen to get on for. But we are really coming to the pointy end of New Dawn as a product from a product feature perspective before we can start heavily on boarding our other collections. But before I get into that, I actually believe in
or not. I believe it or not actually prepared a tweet today. I actually prepared one last night at 10.30 so I'm going to grab that like the organized individual I am.
bomb, copy, easy.
Where's the... there's the... yeah... share... cool... no... that's not how we do these things... how do we even... how do they... I swear they change everything every week... is this... hold on...
Oh do I have to... okay, alright, no problem. I want it. It's fine, so you don't even have to read out the tweet today, which is great. Return, return, return, return. Copy. Boom, paste.
Just send us a tweet. If everyone can just do the usual, please, and like it, read tweet at tax and friends tag whatever PA you think is missing out. For what all I know, the deployment started a couple of minutes ago, so it should be up and live in about six to
seven minutes time so we'll see. Okay so just bear with me on that. Alright let me get that sorted bomb sorry. Okay
first and foremost, it's very early, 5am here. I can't yell as people hear me. This is a bit of an earlier time slot for us to try and be more friendly to our European and American friends.
I want to acknowledge the Memorial Day weekend. Obviously I hope everyone had a time and I'd always like to acknowledge all of our servers at the military, past, present, and future. Without them we definitely wouldn't be here.
talking shit about JPEGs. So when I acknowledge that it's super important to me and I know it's important to a lot of people as well. And sorry about that day. Next time we'll do some due diligence on the date before we set it to stop people from getting confused.
Okay, I'm just going to check in on this again. Okay, it is up. So we're experiencing, apparently we're experiencing really high traffic. So just barely see on that, but it is up and live. Trade packs are live. Let me just test it.
Let's just bear ourselves with that. We look like we have the spinning wheel of death. I'll just tell everyone to get sort of it.
So we should have PayPal working this time around. I'm not sure if anyone has used PayPal from a development perspective, but it absolutely sucks. So just bear with us on that to see if that works the way
I'm going to keep checking back periodically on these trip hacks just so I can keep everyone up to date but I'm going to get straight into it. So, MarkaTalk, meme points, been a pretty
big craze over the last couple of months, I would say, maybe a month, months or a bit, time moves fast. I think this Benny's stuff is pretty wild. People have a desire to gamble and play big on meme coins and NFTs and everything else. It seemed like
meme coins were sort of just the spice of the minute. What's really interesting now is these Bitcoin-Ordinal tokens that are sold as like passive tokens on NFTs as NFTs, rather. I definitely thought Bitcoin-Ordinals weren't going to be
Something that sticks around for too long, I will absolutely stand corrected on that and congratulations to everyone who called that and dived in. I did not see that personally and that's fine. We win some, we lose some. So that's a really interesting sort of, I guess, development in this space that we have to pay attention
to now. And there's been some really cool activations. I think there's been a new one called OXBT which looks really interesting. I don't know too much about it, so I'm not going to talk too much about it. But it seems like people are really enjoying that level or that play or that style. So that's super exciting.
I think the Pudgy Penguin toys also a really interesting development in this market at the moment. It's building a product that can be sold to outsiders that have no idea about NFTs. It's awesome to see some NFT customization in there.
I think it's a great play. You can't fault that. I think it's really, really cool and great job for them. They've got the perfect brand for it as well. I did see that fight about the, I think one of the, I think it was a father that
those concerned about the safety of the toys. That's fair enough to look like I don't have kids so I can't put myself in that perspective yet but of course it's just a hurdle. You know like that's not going to be a deal breaker in any way shape or form. That's temporary. So if there is an issue I'm sure that I'll get a fix.
And when they get a fix, I'm sure they'll keep killing it with the Pudge of Toys. We've been really looking into what might work for us in that sort of real life activation phase. I know I've really concentrated on noodle, but you know, be really cool to look at something else as well. Okay, periodically checking back.
It looks like...
Looks like it's working, but it's a bit slow. If you've got to concern, just refresh your brows, close your brows and try again.
give that a trick that may help us. But anyway, back onto the market stuff. So Pudgy Canguins looks great. Bitcoin, Ordinal, South looks really good. As a whole, it's obvious that realistically there was an everyone's set it, but there was a
a stage there for NFTs from 2021 to here we are today that 99% of NFTs were going to fail. That was the figure that was quoted. I'm pretty sure I said that. Gary V said that. Basically everyone said that. Realistically, that figure or that
movement has for the majority of the part played out. There's thousands and thousands and thousands of projects that are in the graveyard that we don't talk about anymore. We don't even mention them. That is part of the 99% that has gone.
You know we We are sort of in a position where I am Happy that we are still here, you know like it is important for me that we're still here I wanted to push through that 99% to make sure we are still alive. Yes, where we're wounded as is everyone
else in this market, some more than others. Some have made bigger mistakes than others and that's totally fair. We have definitely made our fair share of not so fantastic moves as we experiment, move through this area and pace, but we are still here. We
we are not deceased as of yet. We don't plan on being any time soon. So I think we always just have to acknowledge that and make sure that we understand that everyone's hurting right now. And that's sort of what I work up to with the Kevro situation.
You know, it sometimes gets to a position where it's very PVP. You know, I'm no stranger to that. You know, I have definitely spoken about other projects and where I think they should be going. And should I have done that? I'm not sure. At the
time I felt fine talking about it, I guess now is a very different market. So we've got to be respectful of where everyone is at and realize that anyone who's still around, anyone who's still a top-of-go conversation right now is because they're for the most part still here and still working and that's all I've
of respect you've got to give them. If they're completely gone then they go. If you're still talking about them then in some essence they're still here which means that most likely still working and that is something that's holding this industry up and we have to respect that. You know, regardless of failures
of before or mistakes before they're still here. That's what this industry is about trying to push forward in some way, shape or form. So I just want to pay some respect to that and acknowledge everyone else there who's still working if you are, that's awesome. On the
tray back when spinning circle tray.
Let me check this, up on.
Okay, seems that it's settled down now. If everyone can do a refresh and have a grac again, refresh.
I don't know where it is. It's really hard. Like I'll open up on this. Whenever we try and deploy something new, we have to build it new in a production environment and push it live. And there's always a part of it which is a variable which we don't know how it's going to go. That is something that just always happens.
So I think we just got really heavily scraped just then. But it is working so refresh, clear cache, give the crack. I'm going to move on to my topic. So my Thilia 2.0 launches today. The links are out on the PA Twitter
page, they will be, first of all, the unstaking of 1.0 will always be live. We'll give you guys an area to unstake if you haven't unstaked already. And then my Celia 2.0 will be the foundation of how we create our side
app which sounds fancy, I know. But that will provide anyone with holding a Genesis C1 or a Cyl cyber in their wallet with a sigh to claim per day. So what we'll do at some stage over the next couple of days is
publish the amount of cypoday each different NFT earns. And as we promised, a psilocybin earns different amounts of cypoday based on the type of rarity it is. So if it's microdose, psychedelic or heroic, it earns a different type or a different level
of side per day. The important thing to remember there is that there are way less heroic psilocybin than genesis. So a heroic psilocybin does earn more than a genesis per day. I feel like that's a reasonable thing to do
considering that they're really expensive and have been throughout the entire course of their existence and we have to sort of respect that on the side side. So staking 2.0 is out, I've got to remember not to be too loud. Staking 2.0 is out. That will obviously
stay out it is non-costodial so you don't have to spend gas on sending your NFTs anywhere so we avoid that whole drama of that we are looking into and we will implement a system where if you have NFTs in New Dawn you will
get sigh accrued for them. We're just working on that at the moment, give us a week or two. Any missing sigh from that situation, we will deposit back into your wallet within the next week or two. And then the final thing for the mycelia 2.0 we're looking at is having
mechanism where if you are listed, if your NFT is listed, then it doesn't earn you your Cypons. This is a more a little bit of a controversial one. Let's state the absolute obvious. People love custodial staking because it takes NFTs out of the supply and
an off the quote unquote floor as a hope to reduce the supply and increase the price. So we understand that, understand that completely. That is not our objective, our objective here is not to increase the floor price through this metric. That's not the point. The point is
to reward people with their loyalty points based on how long they hold for and how much they hold and what they hold which is vastly different to that. But we will look into that mechanism because I understand it is something that's highly requested from the user front of the holder front. Hold on.
Oh, I'm so sick of water. Okay, what's next? Traybacks. Sorry.
tray pack series two. Let's have a look.
So people say they can't even sign in. I'll ping the team and see what's going on.
Okay. Alright, boom, boom, boom, boom. I have to delete all of this, give me one second.
Okay, so tray packs. So tray packs series two for anyone who don't know already.
The the trade packs are accessory packs were spoken about that before there are 99 packs of each type So there's 99 units of each type of accessory pack so that means that there are 99
of the eyelights and so on and so forth. When they eventually go live and you guys would be able to purchase them, there's PayPal as well as Stripe. Just be with us, take CZ on the PayPal situation because there's such little documentation on how PayPal even works when you go live. So in theory, it should
be working. In the future we're working on the Cypay side of things so you can buy trades with Cypay. We've said that before. I'll say it again completely in tend on that for being the case. Obviously a different mechanics there but completely in tend of that happening. We're just working on it. We've also got
the trade card upgrades. So for anyone who was interested about the upgrades we want to do for trade cards, we want to make them much more sort of collectible items for us and all the other collections we onboard. So there's an image on the New Dawn Twitter
which shows what they look like and sort of what they include. We've got a special little symbol for the OG traits as well. So any trait that was part of the Mint, the Psychoelics Anonymous Mint has a special marking because we want to make sure that we establish OG traits versus other dropped traits.
So that's really important to us and that's out there and that's visible. So go have a look at that. That'll be going live when buying and selling goes live. And the dates for buying and selling that we have put in is the 20th of June. So the 20th of June, buying and selling
will go live on the new dawn platform, you'll be able to buy and sell traits, you'll also be able to buy them in bundles. So you can sell a bundle of your own traits for a certain amount of ease. They are sellable with ease and at the moment with ease only. So you'll be able to have full
access and functionality to the side. Sell any traits, buy any traits, the buy now lock will be unlocked and you can use it at any stage. And then as well as that, we've got a host of UX and UI updates we need to push through to make sure that experience is as fluid as possible.
Because we recognize there are some sorting and filtering issues at the moment which make it hard especially when you've got a lot of traits. We also will make trait packs that you can buy in cell, especially on the unopened front. So if you've got an unopened pack from
series one that's a legendary pack, you will be able to sell that at some stage. So that is that the blah blah blah blah. Yeah, so after buying and selling goes live on the 20th, we will probably do one last sort of trait
pack drop for a while. Our frequency on those, we don't intend for them to be any more common than monthly. I think anything more common than monthly is probably a little bit overkill. Obviously we'll play it by ear based on supply and demand of trades and use this
But we do have no intention to drop out huge amounts of trades every week or two. I think that's stupid. It's an oversupply. It defeats the purpose. So we'll plan on making those trade drops every month and we'll probably only sell the less
Legendary or have a higher chance at legendary and uncommon traits through paid trade packs The intention for side points is always to have trade packs available or certain quantity always available And you'll have to pay obviously points for those you'll have a chance at getting something
more rare. It's almost like doing an NFT Mint where there's always a chance of getting something rare. And I also intend to put some genesis as well in some of these trade packs. So for some lucky individuals they may pull out a genesis
as well, which is just I think just a bit of fun and also maybe some merchant future depending on how things go. So that's the intention with the Cypay and Cypoint Traybacks. But after those items are sort of tipped off, which we foresee by the end of June,
then our full attention is going to be on board of the collections. First collection that we've spoken about has been Routroup, Superstile for Routroup especially because it's polygoth, which means that the transaction fees are going to be nothing because I know we're all pretty sick of gas.
So Polygon and Routroup obviously you'll be able to swap trades, deconstruct, construct trades with minimal transaction fees. I think it costs like 10 cents or maybe less to do a transaction on Polygon. So that'll mean
way too much. I don't think that's usable or feasible from a long-term perspective. So we're looking in other ways to make that work a gaffless way for New Dawn to work. I think that's our future hands down. So
it's going to take some time but we'll get there. But yeah, Richard is going to be super fun. Hoping to get Richard out just before buying and selling or just after buying and selling. Obviously don't quote me, things change, but that's the ultimate plan. Let's look at the next point. Bye bye.
Okay, so I'm just talking about sci-k a bit, but I want to talk about it some more. Sci-k will be our version of our essentially our payment gateway system, which uses sci-points. It'll be what you use to get merchandise, get coupons,
discounts by trades, you know, burn trades, enter Bernigo, it'll be like our sort of revolving door of use case for sign points. That system is unfortunately really complicated.
Because it is a point system, it's not as simple as just an ERC20 token. So in this favour we've made it more complicated for ourselves, which is just the path we're paddling at the moment. So we essentially have to build our own little version of Stripe, where there's a payment gateway, it's on page points.
checks their wallet, takes the points and to make sure that it's actually secure. So that's something we're working on in the background. I'll be it it's quite complicated but it will get done and it will be there and it will be a really important part of our ecosystem and you know I really would like to and I intend to try
have core functions of New Dawn as an example, a side point related matter. I would love to see trade trading using side points. I would love to see extractions and constructions using side points. I would love to use side points for these activities.
Which means that you know, it's a gaseous environment that people can people can pay for And it's it's a use case right because at the end of the day we want to have a use case for Cyclox, you know, it's the whole reason it exists
So we intend to have it that way. We intend to build that out, but it just does take some time. I know there are wins and impatience and everything, and I understand that. But we're just trying to manage everything on our plate at the moment to make sure we push out the right features at the right time. Having said that, I know some people were
disappointed about having trade packed before buying and selling, the nature of it is that you know, we're not just going to wait for the most complicated feature to push out. You know, we're going to push out what's ready to push out because there are different teams working on different things. So that is the nature of the sci-fi application. I think sci-fi
I think that's pretty cool. So that is the side-page side of things. Also, the New Dawn bot and the sales bot. So I want to shout out both of the New Dawn and PA community members that made the New Dawn bot and
the sales bot as well. The reason we haven't, you know, as a team done that yet is simply because it's just not perfect. It's an all-perfect science yet. Realistically, you can pull blockchain data and push those things out, but realistically, we need a bot that taps directly into New Dawn, so it gets
the right information. You know, sometimes the new dawn bot doesn't have the right meta-dialar and things like that. That's the stuff we want to sort of avoid, but you know what? Looking back on it, it's maybe better to have an imperfect science there than strides to perfection because it's something important and it's something the people want.
So I'm going to give a little special reward to both the people or teams that made those bots because we really appreciate it, especially while we're busy having our heads down making things. So that is a bit of fun and if you guys haven't followed those bots yet, I'll put some links just up
this in discord so you can go ahead and do so. Just remember that there might be it not be perfect or the information might not just be perfect and that's just part of the game we're playing at the moment. All right let me just multitask and
Okay, so accessory, tray packs look like they are pretty good to go at this stage. Yeah, it's working fine for me now. So just remember you can buy tray packs as a guest. If you put as a guest when you go to sign in, when it goes to ask you to sign in or put your wallet address in.
And it does check that that wallet address has a new dawn account. So yet all the packs are there, they're up, they're ready to go. So jump in, refresh and clear. And ready.
Okay, so what's the next thing we're going to talk about next thing is denim jackets So denim jacket I believe are a week or just two weeks away from being completely finished I know it's been one of the longest processes ever
and there's a lot of frustration about it, I totally understand that, but just trust me, when you get them, you will really like them. They are really good. I've been wearing mine basically every day. It's cold as shit here at the moment. So they are really good. I know it's been too
long. We won't ever sell denim jackets or put them out for sale until everyone has theirs which should be as soon as they're finished they're getting shipped straight away. So that should be a mere two or three weeks away. Hopefully
I don't see or predict that will be, but yeah, just be patient with me on that one. I know you guys have got to be patient on a lot of things all the time. I appreciate the frustration, but they are
really good, they are really great and everyone who's who I hang out with my friends, my family and everything have all used them and tried them on and played with them and they're all pretty happy with them too. So that is all good, that's a couple weeks away then the book. So
The book is finished production, the book exists. The biggest hurdle we are facing right this second is shipping. Logistically speaking, these books are forkilos because they're for
for 500 pages ish. They're really heavy, which means that to ship bulk items like that to individuals in the thousands of quantities, it's quoting out to be like $60 to $70 shipping per person. Now,
on the IRL Pack Drop 1, which we are working on Drop 2. For instance, shipping on that, just sending out those T-shirts and socks. That cost us north of $150,000 USD, I think, simply because the destinations were all over the place.
Like we had basically not every country, but we had a lot of different countries which these packages had to go and that was a lot of the challenges faced as well by Adidas when it comes to shipping I know they have posted about that because of all the different countries. That's the same issue we're facing at the moment
We are trying to look into more distribution center areas where people can go and pick up their books instead of being hand-livid for some major areas in Europe and the US to try
try and get that cost down, but we're just trying to play that by ear. So I know that has obviously been something that we've been waiting for a long time and at this stage it's not anything to do with us and our delivery of the actual production level book.
it's finished and designed and properly done, it's where and how we get these enhance just the thing that we're currently trying to work on. And you know, ultimately we have to figure out a way which we will. So that's an update on the book side of things. The
The next thing I want to chat through is tokens. So I do really appreciate and see that there is some some fail or crazy around tokens specifically RC20s at the moment.
And there's a love talk in Discord sometimes around, we should just launch a token because now's the right time. And I totally understand that and I'm telling all the view I would love to launch a token right now, like I would.
not because it's mean-point season, just because it makes our life so much easier. We don't have to build side pay, you know, it's a token system. It's very easy to add and subtract. It's a blockchain, right? You know, I would love to launch token right now. I'm really, really would. But
We just have to figure it out the right way. And, you know, I know we see projects just dropping tokens and running pre-sales. And that's great. And some people are in jurisdictions where they can do that. But some people just aren't. And
This is going to bite them in the ass like seven years in time. It's going to come back really heavily, especially the ones that are really big. If you go and raise $10 million or something off a pre-sale,
I'm telling you the authorities or the SEC or whoever else is looking at you. Like they read headlines to try and understand who's who and what the biggest projects are. So, you know, I had to stand. It's all good and funny now.
But in future, it may not be for those specific people. So some people call that short-sighted, whatever, to each to their own. And I'm not trying to specifically make excuses for us here. We just want to do this the right way. And we've been around now for almost two years.
I don't want to make a stupid silly mistake and just throw something out there for the sake of it and then for it to kill us in the project in three to four years time, especially because we don't have
for instance, we have a situation in Australia where we are one of the largest NFT projects that exist. And the problem with that is that people do look at us, the ATO looks at us, the ASIC looks at us, so what we do does matter. We aren't a tiny
tiny fish in the USA for instance we are quite a large fish in Australia so that is something that we have to take into consideration and something we've got to be careful of. So that is the token side of things that I want to chat through
The final chapter of the forest will be out probably in the next week or two and that's the final chapter and then the rewards will follow. So we start getting some teasers of those rewards over the next couple of weeks for you guys to enjoy and then roll those out. Hopefully by the end of June as well just a
as long as not too many resources are taken up on finishing out New Dawn as a product. And then also on the NFT front, the forest will combine the equation, which will mean the components and different use cases of the printing press, et cetera, will be
used to finish that chapter out to get those rewards. So those will be back in play, not that they ever were in play, it's just they haven't been in proper play for a long time because of the pivot on all the equations and printing of tea side, which also means that as a spin off to that
on the DMP side as well when sci-pe is up and running that will obviously be enabled first on New Dawn and then all of the or a large percentage of sci points that are taken through sci-pe
which will be used for trading or deconstruction or reconstruction by and trades etc will flow through to the DMP holders. The intention there was always to provide a reward mechanism for DMP holders to receive through the success
of New Dawn and then the intention there is to have other collections like RooTroop require sidepoints to operate New Dawn, not the absolute core functions of it but buying RooTroop trade packs as an example which means that hopefully we get to
flow through of RUES wanting to buy sidepoints. We're going to set up direct transfers of sidepoints and also buy a PA to accrues sidepoints to use New Dawn in future. And then obviously for every other community that flows through the point is to make sure that we have
have other communities requiring side pay, requiring side points. And then the DMP holders will receive a very large majority of those side points that are used in the platform, which means that they have passively acquired.
side points that they can then use to do whatever they want to with whatever utilities are available to them for side points. And of course the intention there is that when we are able to launch a token those side points will be matched one to one with
This head token, based on what the time frame will be, or looks like for the size of actual token, the point will be matched. So that's the flow through effect for the MP and the sidepoints ecosystems, specifically with the other collections on New Dawn.
That's something like, oh, there's something like waking up at 5 in the morning and trying to speak for an hour. Okay. What is next on the agenda? All right, let's check up on trade packs for a second. Hold on.
Like yeah.
(crow cawing)
Everyone says still not working, which is a real shame. Let me have a check to the death's hot one. Cloudflare is timing out their responses.
(sighing)
(snoring)
That's a bit of a shit experience, isn't it? Um, okay.
Fixed you don't Okay, let me have a look alright look I might try to be honest to my try and pause the tray pack drop because I don't want anyone accidentally peeing the server and then buying the tray packs So let me
finish the spaces and then if it's still not working then we will close things down on the tray pack side and then reset a date for it because it's not fair I don't want people to just magically get tray packs when they we shouldn't be okay so
What is on my list? What is on my list? That is almost everything on my list.
Okay, so what I'm going to do is I'm going to try and handle this tack issue. It's a little bit hard when I'm on spaces trying a coordinate. So let me try and handle this tack issue and I'm going to jump into discord and add some Q&A.
Anyway, I've got about an hour before I've got to leave the house. So let me jump on the tech issue, try and get sorted out. If it doesn't get sorted out within the next 10-15 minutes, then we'll pause the trade pasture up and re-skate
So it's an on terrible experience to everyone and frustrating and then I'll do a discord AMA to clean it off. Does that sound all fun reasonable to everyone? I think that is reasonable.
Yeah, okay, okay, let me try and handle the issue if not I will reschedule I don't want to take up anyone's time But those the updates they want to give this is recorded this is recorded space so you can go back and listen to it
all in all we're heading in the right direction. Slowly but surely it is about keeping ourselves alive, functioning and pushing forward and that is exactly what we're trying to do on a daily basis. So thank you all for being here, thank you all for listening. As always I really am sorry about
the trade pack experience on this time around we will do our best to sort it and make sure it doesn't happen again. I'll keep you up to date and just check Discord and Twitter for what's happening next on the trade pack side of things. Over and out I'm going to drink some water and sort this out for you all. So I'll chat to you all later.