NFT Metas & Narratives in 2024 (🎮,🟢)

Recorded: Jan. 25, 2024 Duration: 1:01:09
Space Recording

Full Transcription

All good, all good.
How's it going?
Hello, hello.
GM, GM, guys.
We're going to get started in just a minute here.
We're just waiting on a couple more of the panelists to arrive, and we'll get things kicked off in just a minute here.
We're going to get started in just a minute here.
We're going to get started in just a minute here.
We're going to get started in just a minute here.
GM, GM, Web3 fam.
Welcome to today's X Spaces, hosted by Ancient8.
I greatly appreciate you guys all coming in to hang out with us tonight or this morning, depending where in the world you are located.
For those of you who don't know, my name is Justin, a.k.a. Justin the Mind here on X, and I'm the head of community and also part of the business development team here at Ancient8.
Just a quick intro about Ancient8.
We are building a modular blockchain focused on gaming on Ethereum.
We offer an ecosystem of Web3 gaming infrastructure that serves as the distribution and marketing channels for games globally.
You guys might be familiar with some of the products that we have out in the marketplace right now, such as Space3.gg, which is our Web3 game questing platform, which has over 240,000 registered users at this point.
And our ecosystem has helped more than 100 plus games also better navigate Web3 gaming.
So we have a focus on community building as well and also a priority focus on helping our players gain exposure to new Web3 games in the ecosystem.
Now, even though we specialize in gaming, we look forward to having this weekly space every Thursday at 9 a.m. EST, where we are discussing other broader topics and stories happening in the Web3 space in general.
And for today's topic, we're going to be discussing the NFT metas and narratives in 2024.
So some interesting questions lined up for you guys.
I'm looking forward to throwing them your way and getting some of your thoughts.
So I think we can go ahead and get things started.
I'd love to have just a brief 30-second introduction from each of the panelists we have up right now.
And I would just love to know who you are and what project you're working on or what you're representing.
From what I can see, we're going to start actually just to my right.
We're going to start with my co-host here this time because I completely skipped over him during our last X space.
And he's the guy helping me bring all you wonderful people up, up and down on the panel.
So we're going to start with Leo.
Leo, quick intro from your side, my brother.
Yo, brother.
Thank you very much for this warm introduction.
I'm a content marketing guy at Ancient It.
I'm super excited for the space today because I've been in the NFT space for two years working with a team that has done multiple NFT collection on multiple chains.
I think NFTs are crazy.
It really helps us to access all in a level playing field and battle only with creativity, no matter where you are, where you're from, which currency you're using.
Super excited to hear you guys today.
So we'd love to hear from Revel.xyz.
How's it going?
Good morning, everybody.
My name is Braxton.
I'm VP of growth at Revel.
And we are a mobile app on iOS and Android that allows people to create personal trading cards using their images or videos or create new ones using Stable Diffusion inside our app.
And they can be minted as polygon assets.
And we're a gamified marketplace.
So the idea is to trade with other people, build collections of other people's stuff, and grow your influence on platform.
Wonderful.
Thank you for joining us on today's chat.
I'm having a little bit of a difficulty hearing a bit on the X spaces.
Hopefully that's not going to be lingering around too long.
But I was able to catch the back end there.
Let's go ahead and throw it over to JRP.
My man, JRP.
Good to have you here, brother.
How's everything?
Yo, what's good, Justin?
Great to be here.
Things are going great.
The start of the year has just been absolutely fucking crazy.
But JRP here, working in the space for about three years, started with my own guild, Anaxi Infinity.
Quickly then helped raise some money for another guild we were starting within Anaxi Community, investing in other assets as well.
So I then was able to go and be head of partnerships at ReNFT, building rental infrastructure, kind of communicating with all the top games infrastructure, and now building Rev.GG, where we're helping games and communities know more and do more with their audiences, as well as running the GG community, which we have some really exciting things coming up.
So I have to talk and I have to be here.
Awesome to have you, brother.
You are by far one of the strongest hustlers in this space, man.
I see you everywhere.
You show up every day for the community here, man.
So love to see it.
Also, Rev.GG, really excited about what you guys are building over there.
I've personally had the opportunity to experience the platform a couple times.
Bryson is doing some things with Rev.GG, where I've been on his Twitter spaces and then been able to mint out a badge that proved that I was a participant on that space, which I find is so, so awesome and exciting for the marketing space.
As a marketer, that's the kind of nerdy stuff that gets me going, for sure.
So looking forward to see what else you guys are cooking up on that side.
We'll jump a little deeper into that just a little later.
I'd love to bring up next, Karnika.
Karnika, please give us a brief intro.
What are you working on, my friend?
Hey, guys.
I'm glad to be here.
I've been in the world of blockchain for the last 10 years since 2013.
I'm a big believer of Web 2 to Web 3 value transfer.
I run Forward Protocol, which is a drag and drop no-code solution for dApp deployment across 800 chains.
People can just drag, drop, and customize, get their dApps up and running within five minutes.
But apart from that, I run KeyDifference Labs and Accelerator and its Associated Fund to help bring more businesses that make sense to the world of blockchain.
We have our office in Dubai and super excited to be here.
Great to have you, man.
No-code is super fascinating in Web 2 and Web 3.
So really excited to see what you guys are bringing to the Web 3 space with no-code.
That's really, really fascinating stuff.
Who do we have left here?
Let's go to Adam next.
Welcome to the space, Adam.
Thank you for joining us.
Thank you for having me.
It's my first time on Ancient Aid.
So really happy to be here.
I'm co-founder of Spark.xyz.
We're building Web 3 payments infrastructure.
Currently working with a bunch of games, just making it easier for their gamers to pay, abstracting all that kind of difficulty.
Our biggest recent sale was the Portal Coin ICO, which was a $25 million sale way back in December.
So that was a really exciting time for us.
And we're working with another bunch of upcoming clients as well.
Previously, I founded a Web 3 gaming company as well called Formation Games.
They're still building a fancy football mobile game called Club.
I was there for three years, and I'm now a Web 3 advisor because I work full-time at Spark.
But Club's also entering a beta soon.
So looking forward to seeing that game live as well.
I'm just really happy to be here and listening to the speakers today and seeing what's coming up.
Yeah, mate.
Thank you so much for joining us and glad to have you here.
By the way, guys, I will be sending invites to each and every one of you after we pop off the spaces today to invite you to our Telegram group where we'll be giving you guys the updates every week that we do this show because we'd love to have all of you come back at any time that you'd like to.
For different chats every week.
So thank you for joining us for the first time.
Hopefully it won't be the last time.
Really interested to hear more about what you guys are building.
The portal coin launch was insane.
It's funny that we refer to December as way back, but that's definitely crypto time.
The crypto time zone for sure.
Yeah, huge stuff.
Let's go ahead and throw it over to Andrew.
Andrew, how's it going, my friend?
Good to see you back, my friend.
Yeah, thanks for having me, guys.
That's Andrew Lubon.
I'm a business development executive at Pulsar with Google for NFTs.
We have an upcoming PFP drop as well as our token launch coming soon all on Solana.
So super exciting time.
And yeah, good to be with you all.
Awesome, man.
Yeah, we'll have some questions coming directly your way when we touch on the PFP topic of the day today.
I think we have two more here.
Let's bounce it over to Slava.
Thanks for having me here.
We develop compliance solutions for those who want to be compliant with crypto, ML, and QC regulators.
We help in those project products to avoid all of the errants related with that.
And for those who have API, we have a company, ML bot.
And for those who do not have any API for decentralized protocols and products, we have purified protocol, which is compliance protocol on chain.
We have our own token, and on our board, we have a lot of games, especially gambling, NFT projects, launch pods, and so on and so forth.
Thanks for the intro there, Slava.
Really interesting stuff.
Let's pass it over now to Myth joining us.
Who do we have joining from the Myth team?
Hey, guys.
It's Jason.
I'm the CEO of Myth.
Been dabbling in and out of the NFT space now for about six years.
I was one of the founding members of the Vulcan Force team and of the Artify team as well.
So it's like our focus, I've loved being involved in the art and gaming sides of the Web3 space.
And currently with Myth, we have a couple of verticals on the go.
One is the internal development of a lot of our own products, own games, et cetera, mainly a revolutionary roguelite Hex Mythica, which is our flagship.
And our other vertical is providing value and valuable consultancy work to IPs and brands that are looking to enter the Web3 space.
And we provide them with an understanding of the market to ensure a smooth transition into the right market fit for their products, essentially.
Because we have seen, sadly, over the past couple of years, some major brands fail pretty dramatically.
And it really takes people on the inside to be able to guide the big boys into this space.
And that's what we're here for.
Everything to do with digital entertainment and gaming.
Awesome, Myth.
Thanks so much, Jason.
Appreciate the intro there.
Really interesting stuff.
Product market fit is definitely something that we've seen some companies struggle with here in Web3.
As a lot of people try to figure out what are the metas that work, what are the products that the marketplace is actually looking for.
So you're doing God's work in this space, man.
Leo, by the way, if you can check down there, I think SuperSig has a request to come up.
We can try to get SuperSig up.
By the way, if we are full by any chance, feel free to kick my personal profile off at any time to make space for somebody else to join here.
Last but not least, I just want to, before we get things started, give some quick shout-outs to some familiar faces I see down in the crowd.
I see Vladrix.
Mr. Wung is down there as well.
Anesthesia.
Hello, everybody.
Good morning.
Good evening.
Wherever you're tuning in from, thank you guys for coming by.
Please don't forget, guys, to go ahead and give this space a share so that we can try to get more of our Web3 friends to come into the space and hang out and join us for tonight's chat.
Without any further ado, I'm going to go ahead and jump into the first question of the day.
I do want to strongly encourage you guys, as always, to feel free to either raise your hand if you want to answer the question or even feel free to just unmute yourself and jump straight on in there.
We really like to keep the chats here on Thursdays really just flowing and conversational, so we won't go in any order or anything like that.
But if nobody has anything to share, then I will pick on you and see what you're thinking in your brain there.
All right.
So first question of the night.
I'm curious to know a little bit more about what narratives you guys are seeing emerging around the NFT meta that you find particularly interesting here in 2024.
And maybe it's something that you saw emerging even late in 2023.
I think I'll go first here just to give you guys a little bit of time to think about that one.
Something that's been sticking out to me, and this is definitely from 2023, but it's definitely evolving here as we go into 2024, which is the XNFT technology.
The team behind MadLads is working on, I think it also goes under the brand of Backpack, which is the wallet that's associated with this technology, and it's being built on Solana.
So for those who don't know, XNFTs, they essentially allow you to launch applications right from within the wallet through the NFT, and you can launch things such as crypto swaps.
You can literally message your friends right inside the wallet, trade NFTs, and even launch games inside of the wallet, which is pretty wild.
They're trying to eliminate the need for users to bounce around from Discord to message, back over to another website to crypto swap, and then to another website to trade the NFTs.
They're trying to take all of that and bring it right into the one backpack platform and allow you to essentially be able to do this through NFTs.
So for me, that is super fascinating in terms of the mechanics that can exist there once they have more developers building out mechanics there for that technology.
So that's something that comes to mind for me.
I will go over to Slava first, and then we'll go over to Karnika next.
Go ahead, Slava. Feel free to jump in.
Thank you. Thank you.
Yeah, in general, I'm excited about this season and keeping an eye on a cool new project and tech stuff.
Even though our industry has seen some downs lately, there are still a lot of fresh talent jumping into the scene with interesting ideas.
And the recent trends have been all over the place, from meme coins to top-notch games.
And I'm more curious.
I noticed this probably, again, it's rather from 2023, those inscriptions thing on Bitcoin, BRC20.
And what is particularly, I'm interested in boosting layer 2 on Bitcoins.
And I just spotted recently, and I'm curious about how Satoshi VM will unfold and if we'll see the whole defined thing on Bitcoin.
And I like they use the native BTC in Satoshi VM, and I haven't personally checked how it works and with the potential, but the idea is definitely worth checking it out.
And yeah, in some communities, there are a lot of hate on the whole inscription idea, on the whole inscription thing, because it messes up with the network and so on and so forth.
But I guess it's quite interesting, and especially if you can pay with Bitcoin itself and develop another games upon blockchain, Bitcoin blockchain is also something might appear in the future.
Yeah, thank you.
And they are also essentially focusing on gaming as the utility, I guess you can say, for the collection.
So really interesting to see ordinals starting to drive some traction to gaming through their PFP collection.
So really great one to touch on to start us off, Slava.
I'll throw it over to Karnika.
Hey, I've been seeing a quieter, it's not as buzzy as ordinals, etc., but there is a lot of interest on real world assets with NFTs because it's easy for them to identify an NFT for a specific object or physical asset.
So I see quite a lot of coordination between RWA's deep ends and NFTs because NFTs are a functional component there.
It is not just a speculative component, although that element also exists and they can buy trade, divide an NFT or create meta NFTs.
So there's a lot of functional aspects that excites anything to do with real world assets there.
But beyond, I mean, it's almost there at a point where when I have conversation with business owners on having tokenized real world assets, they bring up NFTs.
They want NFTs because NFT is something that has also had so much buzz in the traditional world and people like it.
People are attached to it in some way, so they do like to see their assets as more of NFTs than anything else, which kind of excites me, which is beautiful when those parties and people associate with it.
And also, it's easier to have something as an NFT in a contract and then divide it with tokens at a later point.
You can do so much more.
There's so much of a gamified play with NFTs there.
And at the same time, the ability to create, let's say, DeFi around it as well for those assets to have a recurring revenue or any other benefits that comes along with it.
So from all those perspectives, I believe there's a great value and interesting narrative.
It's not buzzing like most of those other narratives, but it's happening and it is real.
And the value of the TVL that comes from this are substantially higher.
Just for a comparison, one of the, let's say, three businesses that I have with me that are bringing NFTs into real world assets.
One is a $250 million, one is $110 million, and one is $1 billion.
So they're not, they're not small, they're not tiny, they're sizably big, and irrespective of the noise that they make, they are going to be substantial contributors to the NFTs economy in the days to come.
Yeah, absolutely.
That sounds like, that sounds like the type of liquidity that Leo is often bringing into the NFT space all by himself, just with his bags only.
No, that's actually, that you mentioned it, Karnika.
I went to Taiwan Blockchain Week just a few weeks back, and there was an interesting amount of buzz around real world assets, more than I expected to see.
So I do think that that narrative is starting to pick up some pace.
Not quite as sexy as Ordinals.
I'm not sure anything out there is just yet.
But definitely that, I think, is going to be a strong narrative in 2024.
So great, great touch point there.
I'll throw it over to Adam, and then from Adam, we'll bounce it over to rebel.xyz next.
Yeah, I just wanted to pick up on what you said about kind of ease of use and compatibility being a theme.
I think at Spark, I speak to a lot of games about what they want and how they're planning to deploy their games.
And I think what we're being asked for the most is that kind of cross-chain compatibility and just make it really easy for people to get onto my game.
If you go back to, like, 2021, this just wasn't a thing.
Like, gamers would basically crawl over broken glass to mint if you asked them to because they thought they were going to make money.
That's just not the case anymore.
And as games and game studios mature, they're now focused on that customer experience.
And their main ask is, we want to make it really easy to acquire players.
They're not even thinking so much about optimizing revenue yet, but that's part of it as well.
So two examples from our recent experience.
One is PortalCoin.
They were able to take payments on ETH, Solana, and Bitcoin using Spark.
And they were not going to add Solana because they thought, do people really want to use that?
Gamers are all on Ethereum, right?
Well, they actually took $3 million on their sale day in Solana because we added that.
And they thought, hey, if we hadn't have actually added that option, maybe that money would have drained away.
How much of that just people would not have bothered because they didn't have the right coin?
And we've got another example with a game on Avalanche we're working with.
Again, they don't want to ask people to bridge to Avalanche.
They just want to take any currency, let them pay on ETH mainnet.
We communicate with the smart contracts so that the NFT deploys on Avalanche, even though the user paid on ETH, right?
So the user doesn't even know they're playing on Avalanche.
They don't need to know.
They just pay in whatever's easiest for them.
They can worry about picking up the NFT later because they open the game and it's just there in their kind of wallet.
So definitely a theme for me is that, you know, when I speak to gaming studios, it's just they want to make it as easy as possible to get on the game in the first place because their biggest problem is user acquisition.
Account abstraction.
So, so important as we start to go into this hopefully next bull cycle here where we're going to get a lot of traditional gamers coming into the space looking for different experiences.
And of course, the, the smoother, the process we can offer there on the front end, the more we can expect to retain a lot more users.
So for sure, it's a, it's a key focus.
I know that a lot of projects are trying to tackle from different, different points.
And definitely as a gaming community and a gaming chain here at Ancient 8, you know, where we're, we're rooting on you guys to, to continue to solve that problem at a high level so that we can have more gamers just come and, and have the experience that they're, they're,
they're used to in their traditional gaming space, want to pass it over to rebel.
If you still have something to share on this one, I see the hand is down now, but let us know if you got anything.
I just didn't want to be obnoxious and have it up the whole time.
All Adam was speaking.
And I feel like he teed me up perfectly because I totally agree.
I think with this wave, uh, with an upturn in crypto and NFTs, we have another chance to, um, go for a more mainstream audience than we did last time.
This is actually my second web three company.
And yeah, we got caught up in the speculative environment that the last, uh, kind of NFT surge, uh, really exemplified.
And it's just not going to work this time.
We have to create better user experiences.
I think the, uh, the abstraction of which chain products are using is really important.
Obviously if you, the more chains you can support that are mainstream, uh, the better in some cases, um, especially for those existing web three folks.
But for a mainstream audience, uh, if they kind of don't know what technology underlies, uh, these games and these other products, it's probably for the best.
Um, because in many cases, there's still like a bad taste in their mouths from what they heard about web three before, or maybe even what they experienced, um, losing a lot of money.
I also think to the extent that we can bring price points down and make NFT projects and blockchain powered games and other experiences resemble maybe traditional mobile, uh, mobile gaming experiences or other premium apps.
Uh, that's going to be a better experience as well, because there won't be so much exposure.
So if, uh, prices fluctuate up or down a little bit, it's not like anyone's going to lose their life savings.
And I think that's, you know, just another crippling thing that led us into this, um, you know, winner from which I think we are emerging, but lasted far too long.
And killed too many promising projects.
Yeah, for sure.
A lot to unpack there, but it's, uh, it's definitely to me, uh, a core in us moving the space forward is, uh, having less, uh, walls up for, for users to, to get involved in the space.
More free, free experiences or low cost NFTs is, is certainly going to help us to, uh, to eliminate a lot of the risk as well for players.
Cause all it takes is one, you know, one player to lose a bit of money.
And they're going to be the loudest in the market, uh, letting people know that, you know, that this space is a scam or that it's, you know, it's not a good space to be involved in.
And, and I agree it's, it's something that really, uh, helped to drive the narrative down quite hard during, during the bear cycle that we just went through.
So, um, would love to pass it over to Andrew, Andrew, maybe, uh, you can tell us what you're seeing in the space around the NFT meta, maybe something that you guys are focusing on.
Cause you are coming up to your, your PFP launch.
Is there any, anything specific that you guys are seeing out there, uh, that you're implementing, or maybe even something that you guys are doing that you hope to see, uh, other projects implement?
Yeah, I think the main thing, obviously Pulsar is chain agnostic.
So from our search functionality, we don't care what the NFTs are built on.
We just want to have access to all of them and make the search experience very clear and easy to navigate on our PFP side where, yeah, we're building on Solana.
I think there's no doubt Solana is going to be the clear winner of this run.
Um, they're making some early noise.
I think on the meme coin token side, they're obviously making a huge push at the moment.
And similar on the, on the NFT side, it's consumer facing, it's way more cheap, easier to use than a lot of, uh, the Ethereum counterparts.
So that's very attractive for our artists, uh, community members and curators because they can interact, run their business and leverage NFTs in a really powerful way, uh, without having to worry about gas fees and breaking the bank every time they run a transaction.
Um, and personally for our PFP project, we're building it to have access to Pulsar and we're building in deep utility and, uh, future considerations for our token launch.
Um, so from that standpoint, yeah, we, we really need to build, um, and to really interact with our community in a meaningful way.
It's why we wanted to launch the PFP kind of from the ground up to reward our original users who have been with Pulsar from the jump, um, and then build in future utility and entitlements, not only for our website and for the search capabilities, but also for our point system and the token launch, which will also be done on Solana.
Um, yeah, Solana is absolutely a Chad community.
So definitely bullish on, on what they're building on that side, JRP, man, let me throw it over your way.
Tell us how, what you're seeing, especially coming from Rev GG, where you guys are, you know, focused on these metas and then how to integrate mechanics that help them.
What do you, what do you see in there?
Yeah, exactly.
So outside of Rev, I advise, I think now five different gaming projects from games to like game lifestyle brands to like guilds.
And what we're seeing time and time again is that people want data.
People want data to make better decisions about who they're targeting.
They want data to make better decisions about who they're paying.
And they want to just simply understand what their community looks like and what their community is doing.
And so at Rev, we do this where we're able to provide someone with a badge, which you can think about very similarly to a PO app, but also provide utility within that badge that you can retarget those users that you've already learned to, um, and understand who they were.
And so I think in general, what we're going to continue to see is, um, kind of a pushback from the, the web three game developers to saying like, Hey, we just, we can't just continue to pay, uh, content creators thousands of dollars and not understand how many users are going into our ecosystem.
We have to either one track the data or to go back to traditional gaming, um, advertising methods, which I think is really, uh, interesting.
And we should be seeing more of regardless, because if we know that this person is going to be costing, it costs like $2 to bring into your ecosystem, but they're only going to spend a dollar.
Then you probably shouldn't be like advertising to them, right?
It's just like, you're not making any money there.
And at the end of the day, right?
Like this solution, NFTs, blockchain, crypto, like whatever you want to call it, web three is meant to make business better.
It's not meant to be like this thing where everyone's like Kumbaya, which is, I think, great.
And I had something that I definitely like fuck with and vibe with, but I think it's meant to be able to get us to a spot where we're competing directly with other forms of technology.
And this tech is better.
Uh, we already are starting to see some people within wallet solutions and other, um, analytics companies really, really kind of honing in on how to identify a user and target that user, which ideally is going to lower our cost of acquisition.
And ideally also help us understand a higher lifetime value.
And once we get those two metrics to be super juicy, everybody's coming to web three.
It's not even going to be a, uh, uh, it's not going to be a choice anymore.
It's not going to be an option.
It's almost going to have to be mandatory.
Um, and, and I think we'll see this, uh, primarily with indie game developers utilizing NFTs to make a living that will then encourage more indie game developers to make more games and better quality games and bring in more studios.
And so, yeah, I think data in general is, is something that's really on my mind.
And I think we're going to continue seeing it because data is king at the end of the day.
And, uh, and I think we're just seeing the start of how we're going to use it specifically in web three gaming.
Um, absolutely brother, as, as a marketing guy, man, uh, it's, it's something that, uh, still grinds my gears quite a lot when it comes to, uh, user acquisition data and what's currently available.
And, and what I know needs to be available in order for us to really see this thing scale.
But, uh, for sure, man, especially with on-chain, uh, data and the ability for, uh, new projects to look on chain and have an idea of what's already working and what's not working is going to be so powerful for the whole startup side of things as well.
You want to jump back in there, JRP?
Yeah, just really quickly wanted to mention, like, not even just on-chain data.
I think, like, the whole space should be moving towards, like, integrating both off-chain data and on-chain data because this information helps us really understand the user.
Like, for example, Rev just dropped a feature where you can actually track voice attendance in Discord.
You can see who's undeathed, who's undeathened, who's, uh, unmuted, who's sending messages, how many emails did they send, and who's obviously there in attendance and a variety of other things.
And then combine that with on-chain data, which is who was the person that stayed the longest in the Discord event, maybe a game night, maybe an AMA.
And specifically, like, what, in general, what are the top five of those individuals?
What do their wallets look like?
What NFTs are they holding?
Like, what other things are they doing in the ecosystem to help you retarget those people?
So I think we'll see a lot more of that.
And it's not just, you know, on-chain data, which I think is really important to know, just because there's so much information out there.
And it's just being able to capture in the right way, right?
But curious to hear about what other people think and obviously continue the conversation.
Just to jump in here, my name is Jay.
I'm the founder of Supersight.
We're building crypto-specific LLMs.
And you're talking about on-chain and off-chain data.
It's actually exactly what we do.
So we're trying to allow people to search anything in natural language really, really easily.
So you can search who bought X NFT and Y NFT on the on-chain side, right, and combine that really easily.
That would take a long time right now.
Who bought this NFT between these certain prices?
Or a more complicated version where both of those worlds come together.
It might be something like, why did the price of Bored Apes fall?
On the on-chain side, it might be that two people sold 15 Bored Apes each.
On the off-chain side, it might be that there's a negative news piece around the founders.
So it's music to my ears, what you're saying.
And I think it's desperately needed all of this, right?
Especially for new people who come, they don't get rugged, and they can quickly search things and learn a bit about space.
But yeah, yeah, great topic, guys.
Yeah, thank you for sharing that, man.
That's really fascinating.
And what you were mentioning as well, JRP, with the Discord data, and then being able to cross-examine that with a wallet is just fascinating in terms of what we can be able to do with that type of information.
I want to throw it over to Myth, and then back over to Revel.
Hey, thank you.
Data, yeah.
I mean, this is one of the biggest, I think, subjects and pain points that the market has had.
It's applying the same models that are used in traditional business, bringing them over into Web3, because Web3 has just been basically spray and pray for the most part up until recently.
There's been a lot of great concepts, a lot of great projects that have failed, mostly down to an inability to acquire users, retain users, understand their own users.
And I think this is actually going to be one of the biggest narratives moving forward, is the application of what works in the traditional world in gaming, and basically anything that has anything to do with retail, applied to Web3.
So, I mean, we're currently building our backend alongside our partners, Hive, for exactly this.
It's user behavior, it's knowledge graphs based on users' transactional history, on-chain, what dApps they've interacted with, how can we target, retarget what the users are focused on, what they like.
And also, you know, their journey throughout our ecosystem attached to our Genesis NFTs, the Infinite Redeemers, you know, which play a huge part in everything.
So, yeah, it's bringing data to companies, so it's not just for us as Myth, it's for our partners as well.
So, you know, providing a comprehensive solution where we can grow together and we can improve as the market dictates, and that is super important.
You know, if a business cannot acquire and reacquire users, then, you know, we're all a bit screwed.
So, we've got to be smart about this, and I think we're seeing a lot of improvements, and there's a lot of new solutions coming up.
So, it's actually great to hear so many, well, like-minded people talking about the same subject.
Yeah, absolutely.
I mean, in a perfect world, when this technology continues to mature, things should get really, really interesting, even just, you know, with mechanics like what you guys have at Rev, you know, the ability to do things, what we would consider, you know, as simple as being able to track people that have participated on a live stream,
and have actually been there for that specific moment and can prove that through an on-chain PO app, that gives us so many different types of mechanics that we can now do in terms of future advertising to that user base.
So, really interesting stuff around there.
I'm going to bounce it over to Rebel and then to Adam.
Yeah, I was just thinking a couple times user acquisition was brought up, or more broadly growth in this space, which is, it's super hard.
I think it's hard for anyone in technology right now.
Apple, I'm speaking particularly about the mobile context where we operate, but the privacy changes that Apple made a couple of years ago made it tougher than it's ever been.
And I think especially as time has gone on, and there's more and more products, there's more and more big companies who are chasing after all these users, which has driven costs way up if you're talking about ads.
And, of course, there's other types of marketing as well, content, etc.
But in Web3, especially given the headwinds against us, I guess, in the broader mainstream audience, like product-led growth is probably one of the main things that you can do.
And I would also add that community-led growth is super important.
So how can you build a beachhead such that the users that you have can recruit other users for you?
Can you reward them for that?
That's what we're focused on, which we've seen some success with.
About 50% of our new users actually come in as referrals, which is great.
And then we also have the benefit of, because of the friction of using products in this space, our existing users are helping to teach their communities,
helping to teach the new users that they recruit how the product functions and how to be successful.
So that's the approach we're taking.
We're certainly learning more and more every day how to grow our audience.
But I'd actually like to jump in there and ask you, how is it that you guys are getting the community members to be so actively helping to recruit users into the ecosystem?
Yeah, yeah, got it.
No, we definitely have some early fans who've been really important to that.
Our economy is very much creator-driven.
So we have some traditional influencers, but also a lot of Web3 artists on our platform.
So they will be more successful on platform if they recruit people who are already their fans.
So that channel works really well.
But even for nobody on platform like me, I don't really have much creative talent, so the cards that I make are not good by any stretch.
But by referring other people, we reward that with in-app currency.
So that's another way that anyone can make some incremental progress in their own standing on the platform by recruiting one or two people or four or five people over time.
So, I mean, I would recommend that broadly.
There's a lot of good models out there for referral programs, but you just have to adapt them to your context.
Yeah, I appreciate you sharing that.
To me, that's always super fascinating.
As a head of community at H&A, I'm always trying to scheme up what other kind of ways we can build an incentive for the community to go out there.
And, of course, like any successful affiliate program, go out there and be your biggest sales and marketing team.
So always interesting to hear how other projects are building that into what you guys are doing.
I'm going to throw it back over to Adam and then to Slava.
One just quick thing I want to add, since you guys are experimenting with this and there may be other leaders who are doing the same, a note of caution is that these things can be exploited as well.
So it opens you up to folks, bad actors who are potentially trying to just game your system, whatever it is.
So some kind of intentional friction in your product, if you do give some kind of in-app reward, is important to maintaining the integrity and credibility of your product going forward.
And that's something we struggle with, to be honest.
We have to be really vigilant to make sure that we don't get taken advantage of.
Sorry for the add-on.
I just wanted to throw that out there.
I just want to jump in there as well.
I think at Pulsar, we've done a strong job of really being loyal to our early community members, as they've been super loyal to us, and rewarding them from community-led growth.
I think that's been kind of essential as we've iterated and grown our product.
But to your point, as it grows and as you roll out new features, it's a very tricky dance between trying to reward your OGs, the people who have been there from jump,
and then also expanding and iterating the product as you move and grow into a larger market.
So I think that's something people need to be mindful of.
But from a marketing standpoint, there's no better marketing solution than just rewarding your OG evangelists, right?
They've been there from the beginning.
They deserve that credit.
They become, in effect, your marketing arm as you reward them and benefit them as you grow your product.
100%, man.
I'll throw it over to Slava.
Please go ahead, my friend.
Yeah, talking about new users.
Especially with those who are coming into our space.
I just recently met a guy.
He is from a company.
They tokenize uranium as a real-world asset.
And the most craziest thing about that is that before they tokenize it, no one would be able to buy those things as a retailer.
You need to be, you need to have some special allowance to buy this nowadays.
So after they tokenize it, after they launch their platform, I can imagine how many people at least try to speculate on uranium.
And it's already Karnika, I believe, mentioned the real-world asset narrative and why I love this narrative because a lot of people outside the crypto community will come and at least try and they will understand how to work with MetaMask maybe or other wallets and how protocol works and what is native coin and so on and so forth.
Thank you for sharing that, Slava.
But yeah, that's really fascinating.
The ability to now speculate on a lot of different real-world assets, it's about to get really, really interesting in the marketplace.
People are going to be speculating on materials they probably didn't even know existed.
So curious to see what that looks like in a year or two upcoming.
As we start to wind down here a little bit, also, Leo, can you go ahead and let up Freaky, I think is the name.
You can go ahead and let him on stage, him or her on stage.
I did also want to let you guys know that we're going to have Leo sending you guys all a DM with a personal invite over to the Telegram channel.
Again, we'll be sending over the information for our upcoming space that we are doing every Thursday, same time, same place, 9 a.m. EST.
So he'll be shooting you guys over the invite to join that Telegram group if you guys want to get the ping each time that we're live.
And as I shared earlier, we'd love to have you guys back on to share more thoughts here.
We have a really great and large panel today, so I didn't get to hear as much from everybody as much as we would like.
But definitely appreciate you guys taking the time to be here.
We are coming down to our last 10 minutes, and what I always like to do with the last 10 minutes is just to give you guys each an opportunity to share with us what's going on at your project.
What are you guys working on most recently, and what should we be on the lookout for?
Feel free to let us know what's going on in your world.
So I'll throw it over to Karnega.
Yeah, go ahead.
Please kick it off for us.
We are super excited that in the last 30 days we had grossed over 65,000 transactions and $250 million of real-world assets tokenized with $500,000 of revenue generated as a business.
And we are going live with our token in the upcoming 7 to 10 days, so we are pretty pumped for that, pretty excited about what's going on.
More so because most of our traction is coming from real-world businesses, real-world entrepreneurs.
They are most of our investors, most of our backers, so I'm very happy that the real business is what is driving this.
And, yeah, I'm super thrilled, and quite a few things are happening at our space, so do stay tuned.
Subscribe, join our community, join.
Take a look at my profile as well, a lot of information there that might be interesting for this conversation.
So that's it from my end, guys.
Thank you so much.
Yeah, absolutely, Karnika.
Thank you for sharing.
And, of course, guys, we love having these spaces to talk about broader topics, but we also love for you guys to network amongst each other, and hopefully partnerships are made, collaborations are made here coming from this space as well, which is, of course, also why we want to invite you guys back to the Telegram group, where you can also further those personal relationships.
So we've got to make sure that we're building alongside each other here.
I do want to hear from Skulls Gang Club.
Maybe a quick intro from your side and tell us what to look out for that you guys are currently working on, because we are coming towards the end of the show here.
You joined a little bit later on here.
So, yeah, would love to know who's joining us from the team.
Skulls Gang Club, can you hear us?
It's Freaky, right?
Did you call it Freaky?
Yes, Freaky.
That's right.
Yes, okay, okay.
So thank you so much for having me, and big shout to the host and the co-host.
Thank you again.
But actually, I just saw the reveal of the account, so I want to know, just I have a question for him, because I have been reveal the app.
It's amazing.
It's beautiful for three months, and I bought like almost like six, seven, eight hours every single day, me and my daughter account.
And just only an hour ago, I find my account gets suspended, and I have no idea why, so I contact support.
But I just try to have the advantage of being generous and being patient with me, if they can maybe give me a response, what's really happened,
because I always keep promoting, actually, this app to my community and everyone.
So I'm really so sorry, guys, if I have been driving a little bit away from the topic of the space,
but I do appreciate, because I'm really a little bit stressed as a father and as an artist, and also for my own daughter, actually six years old,
I try to teach her something, and I even appreciate even her art.
So if Ravel, he can maybe give me some response or like this, because I'm just a little bit upset.
So I'm so sorry.
Thank you so much.
Hey, Freaky, I don't know if I can, I'm not sure exactly what happened there, but if you contacted support, I'm sure we'll be in touch with you.
Sorry for any inconvenience.
I don't want to detract from the space that these guys are hosting, no.
Yeah, yeah, I appreciate that, Ravel.
And Freaky, I'm sure, you know, this is a big time company here.
These guys will get back in touch with you.
No worries there.
All right, let's pass it over then to JRP.
What's going on in your world, brother?
You got a lot going on, so excited to hear what's cooking recently.
Yeah, there's a lot going on.
I think, obviously, outside of Rev, which we're dropping features, you know, now it seems every week,
and right now really trying to understand what our audience really loves about the product and just kind of focusing in on that.
Also within GG, the community that I'm running, we're actually about to open up our Discord,
but in a totally different way, where if you want to get into the Discord and have specific roles,
you have to kind of go in via a survey, and then you'll have the ability to mint an NFT slash badge
that will give you access to those roles, but also gives you access to everybody else within that directory.
And so it really is just kind of my way of hopefully, like, hyper-connecting people
because doing it one by one is sometimes just not doable.
And so I'm really excited for that.
I'm going to be working on that this weekend, and then hopefully we're going to see a launch here in a couple of weeks.
But thanks for having me on.
It's been a really great space.
Fascinating, man.
I'm going to have to come jump in the Discord there myself to experience that process that you guys have built out.
That sounds really, really cool, man.
And JRP, appreciate you jumping on here.
I think this is the first time we've had a chance to get you on this space specifically, man.
So look forward to having you back again real soon.
Let's kick it over to Adam.
I'll be real quick.
So update from Spark is we closed our pre-seed round this month.
So always a great time for a company.
We've got some really great backers that we'll be announcing soon.
And other than that, we're just working hard to deliver for our partners, really.
We've got Portal doing something really exciting in a little while that we're building for, working with a bunch of other games, too, or launching NFTs and tokens.
And just really would like to extend an open invite if anyone wants to get in touch with me, talk about payments, how we can help.
We'd love to do so.
Always like learning about what people need and if we can help.
At the moment, we're just looking for good partners, really.
We're not so worried about generating revenue or anything.
So often we give people really good offers on what we provide, provided they kind of fit with what we're trying to achieve and they're kind of good partners to work with.
So anyone interested in that, do hit me up.
And just thanks for having me today.
It's been a great space.
Wonderful, Adam.
Yeah, man.
And definitely, guys, please also feel free to connect with me directly.
Justin, I should be up here on the panel.
I think I see one thing on my computer and something else on my phone.
But one way or another, I'll either reach out to you guys or feel free to connect with me here on X.
And definitely would love to just be in your guys' network as you continue to build out and just follow what you guys are working on.
I'll toss it over to Andrew and then we'll go to Slava next.
Yeah, as I mentioned earlier, you'll see Pulsar is joined here and our Vibe engineering community lead is in the space as well.
But the main thing that folks who are interested can do is to go to the pinned tweet on the Pulsar Twitter account.
That's going to be the best source to get all your information.
You can join the wait list there for our upcoming PFP launch.
Those early community members who have been with us from the beginning will be able to, one, get PFPs and also get additional rewards from that PFP for future point systems as we gear up for our token launch.
Additionally, anything that you'd need, the best point of contact is to go to our Twitter space or to sign up in our Discord for the Pulsarian channel.
That's going to be your main corner of contact for our PFP.
We'll also list that Discord in the comments section.
But a super excited time for us at Pulsar.
As we launch our PFP, it's kind of the result of a lot of hard work growing our community and growing our product.
And as I mentioned, not only will the PFP be representative of our community, but it will also entitle you to future points and future entitlements as we launch our token on Solana soon after.
So a super exciting time.
And we're excited to share that with you all.
Yeah, good stuff, Andrew.
I was taking a look at the PFPs that you guys are launching.
They are freaking cool looking.
Love the 3D artwork.
As you guys can see, I'm a 3D art fan myself by my PFP there with a kid called Beast.
All right.
I'm going to throw it over to Slava.
Yeah, we still continue to build our protocol.
It's already in production phase.
We have more and more products onboarded.
We gained huge expertise on the past few months and zero knowledge, especially with such a project that's the K-Sync and Panthera protocol.
And what is interesting, I would emphasize that more and more projects coming to us on the very beginning level, on the stage of startups, and they integrate our solution in order to be compliant with regulators to avoid all of the scandals we've been seeing for the last few months, I would say even years.
Thank you for having me here.
Thank you for being here.
I definitely welcome you to come back and hang again.
You have some really, really interesting insights, my friend.
Thank you for sharing them today.
Let's throw it over to Myth, and then maybe we can go to Revel next.
Thank you, guys.
Actually, I'll put my hand down because I'm talking.
Yeah, I would highly recommend following our journey.
From the beginning, we're completely bootstrapped, self-funded, and then it was over to the community to keep on helping us push forward.
We're very driven when it comes to believing in the power of community and giving back to them.
So us building alongside them and funded by the community has been a beautiful experience.
We currently still do have our private round open, and we are looking to begin to release the first look at our flagship game in the coming days, along with a few other surprises, with some new partnerships, new games that are coming to the Myth ecosystem.
Yeah, it's going to be a very, very interesting 2024.
So, yeah, highly recommend just hitting follow on Twitter, joining our community, and getting involved in any way possible.
You know, we're always looking for new partnerships and to bring new faces into our community.
So, yeah, thank you guys very much for having us on here.
Absolutely, absolutely.
Thank you for joining us, and definitely would love to have you guys back again.
And, of course, any time it comes to games and community, that's definitely what we do at H&A with both our community and our platform, Space 3.
So we'd love to help any way that we can.
So definitely would love to get connected after we drop from the spaces as well with the Myth team.
Let's go ahead and bounce it over to Rebel and then to SuperSight.
SuperSight, excuse me.
Yeah, this has been awesome.
Like, great way to start my day.
Thanks so much for having us.
You know, we're pumped about 2024 and all the momentum in the space and what we're doing as a product.
We have some really cool new features coming soon to upgrade cards, social features, one called Remix, which will allow people to combine their different images.
And we're pumped about that.
And shout out to some of the community members who joined today.
So I see Crack Rockwell in the audience, Freaky, who was with us earlier.
And, yeah, wishing all of you guys the best.
It's a group effort, kind of bringing Web3 to the masses.
And this might be the year for us.
Hey, guys.
Yeah, thank you so much.
It's been an awesome, awesome space.
For us at SuperSight, what we're trying to do now is expand to more chains.
So we're looking at things like Solana, Bitcoin data, making sure that visualizations are even better.
So the results we bring to users so far, we're trying to make sure there's visualizations.
So it's so easy.
Even our grandmas can understand it, right?
And then it's releasing out to beta testers.
Chiefly, we want to have data analysts use it first to make sure everything's really up and running and going well.
And then we'll also be looking at doing things like raising a round later in the year.
Again, moving from a pre-seed to a seed round.
But, yeah, we'd love you guys to sign up, try the early versions of our token wallet analyzers, and then you'll be in the list for the beta as well.
Thank you so much.
Thank you for sharing and definitely looking forward to have you back and join us for another Future Spaces.
I think we got everyone.
I guess I'll be the last just to share.
Here from H&8, we have upcoming our main net launch in a few weeks.
We are going to be launching a layer two on the Optimism, utilizing the Optimism OP stack.
Going to be launching with a couple really exciting games, as well as our platform Space3.gg is always open for collaboration with games that are looking for user acquisition.
So, if you guys are interested in bringing a player base, more of a Southeast Asian player base, but definitely a worldwide player base there on Space3.gg, please feel free to get in contact with us.
And we'd love to help you guys get some players over to your game.
With that being said, I think we touched with everybody here.
I want to thank you guys one last time for joining us and would love to invite you to join us next week, Thursday, same time, same place.
With that being said, I hope you have a wonderful day or wonderful wherever you're tuning in from.
And we will see you guys all back on the next one.
Leo, thank you, my brother, for the co-hosting.
Appreciate it, as always.
Catch you guys later.
Have a blessed day.
Thanks, guys.