Astrabel, I've sent you a co-hosting invite so feel free to accept that and Eric I've invited you to speak
Yo, yo, happy Tuesday everybody. Hello, how you doing? I am burned out and exhausted but doing well
All good, thanks. Yeah, I'm sure it's been a busy week. Outbid has been going wild
It's it's been turning heads, which is awesome. It's been getting us new users. It's been getting archway new accounts
It's working like it's supposed to it's been scary as hell, but that's why it's fun. I
Can imagine no honestly congratulations guys on the launch it's been phenomenal and just a great overall accomplishment
Think you thank you so much. Yeah, it's
It's a whirlwind. We're ready to go back at it tomorrow
See what happens with the chips fall where they fall
But um, it's been awesome getting the community together getting people saying it's fun getting coin listers to say that they wish they
More groups use outfit instead of coin list because it's easier and more fun and you know, not really less Gabby
So that's that's fantastic feedback. So if we can grow to that level that can be pretty cool
Would prefer the the structure that you guys offer and when it comes to what they have to give up to actually do a sale
So let's go ahead and get started. Um, so I'll be hosting today. My name is Valeria
I'm part of the phy labs team. I'm really happy to have Eric founder of
Astra vault max head of BD at archway on the call
So do you guys want to give a little introduction to yourselves before we get started?
Sure, yeah, I'm Eric Weissman co-founder of astra vault
I think I believe he's in there in the astra vault account as well co-founder. Oh
He's also here in the audience
Then I also worked for phy labs worked for archway
Helping design the tokenomics. So I do a lot of tokenomics consulting as well
We built astra vaults here on archway and then we needed a way to raise funds
And so when we run into a problem
you know solutions and if we like them we go forward to them if we don't we build something different and
We didn't really like the existing solutions to try to raise funds which we desperately needed
So we just built something else and that's what we're rolling out with without bid
Like you mentioned leading business development for archway, or I should say phy labs
One of the core contributors to archway and yeah
Then kind of along for the ride with with astra vault from even pre archway days, and it's it's really cool to see
Then finally get to this point where the token sales happening and everything seems to be going really well with the outfit platform
They they built out so overall been a really fun week and excited for the rest of this week and the round four coming up
Yeah, absolutely. So for those that are new here or haven't really familiarized themselves with outfit
Do you guys want to give like a tldr of the outfit platform?
What it's solving for and kind of like how you came to create it
Yeah, so our our issue was we needed to raise funds and the existing platforms right now were
Over on neutron as well as stream swap on osmosis do really like stream swap
however, they were going to charge us 3000 osmo plus 4.2 percent of cash and we had seen kind of
Negative turnouts afterwards and a lot of people were kind of down on it
Eclipse finance we had talked to them and they basically told us that we should make our tokenomics more scammy
We're pretty good on tokenomics that we promised like that's that's kind of our thing and he's like
They're they're like, yeah
It's easier if you just make it simple even if it makes your model worse
And so I just said i'm not going to talk to you anymore. We'll just build something ourselves
Um, so we did um, we were thinking about how to make a launch pad
That's fair and that's more fun than what exists because right now launch pads. They don't drive sales
They're not actually fun to engage with it's a basic ido
You show up you give people money and they take a fat commission on it and it's it's wild and it
We're like we should get something that actually drives sales that actually grows the centralized businesses
And that's a lot more fun because if it's fun
Then users will come back and we'll get return users
Which is what like launch pads desperately need and we don't have to charge an arm and a leg for it because
We earn a ton of money with astral vault that like we don't need a launch pad to be self-sustaining
Which they never have been and they're not meant to be really
Um, so we uh, one thing we were really looking at was like twitter posts, which we made recently
Where basically influencers to engagement farm will do things like we'll do a giveaway
To like in 10 hours to a comment that has zero likes
And the idea is like everybody's commenting and then everybody's going and liking everybody else's comments
So that they have a better chance to win and the posts just like absolutely blow up
And it's it's weird and it's gamified and we're like, what if what if there's a way to kind of engagement farm?
To drive sales for a launch pad and that led to this kind of you know
I have a long casino background before crypto, but it led to kind of this design of
Well, let's just say like we're going to do a bunch of sales of evaluations going up
It kind of finds its price discovery even though it's not as dynamic as something like stream swap
Um, but it can replace the vc rounds the evaluation goes up and then if it doesn't fill to drive sales
We can just give the rest of it as a jackpot
And that should theoretically have more people bidding towards the end drive more sales beyond where maybe the initial demand was
And if people don't bid then they do win a jackpot and that's marketable
If they don't win a jackpot, then the teams were able to drive more sales, which is marketable and attractive to the teams
We did a bunch of demos with the community members and everyone loved the demos. We loved the demos
And so we're like we we don't know who we we launched on friday
We didn't know if we'd even fill round one
We didn't know if we'd fill around 10. We had absolutely no idea how this was going to go
But the only way to get live data is to wing it and try so we did and we were
Sure enough able to close round three in bonus time drove an extra thirty six thousand dollars in sales
Um during that bonus time, um model
That's amazing congratulations guys really that um
It's an extremely innovative and novel idea and it's you know, it's doing amazing and the community's really here for it
So do you guys want to kind of break down how?
Outbid works and tell us a little bit about the launch how people reacted to it. Um, you know, what has been
What have you seen from the community?
Yeah, so most important to us like again, we didn't know how sales were going to go
Obviously the better the more we raise the better like that's cool if we could do it publicly and transparently instead of through private rounds
But what's most most important to us is we have gotten constant and consistent feedback from community members of wow, this was easy
People who don't haven't even used after all showing up like oh, yeah, I just placed a bid
It was it was super easy. Like it was it was intuitive
It was fun when we hear it's fun when we hear people who have used other launch pads who have used
Um, like uh, as I mentioned coin lists say that this is by far the best platform
They've used in our first iteration and like like this is baby stages for us
Really like we just thought about this a couple months ago, let alone like fully built it
Um that that's that's incredible feedback that tells us that we're onto something and that this really can grow in scale
Um from the success we've been able to gather we've already gotten like a queue of other teams lined up saying like whoa
We see what you guys are doing. That's way cooler than any of the other options. Can we use it?
Hey, we already have a token. Can we use it?
And yes, it works for like otc deals for existing tokens as well and fun and gamified ways
Um, so just the traction that users enjoy using and want to use it more and teams
See that it's fun and doing well and they want to use it. Um, that tells us that it's that we're onto something
Yeah, no, absolutely I couldn't agree more
So can you tell us it can we know a little bit of a sneak peek of what teams are coming next?
Man I I really really want to give some more alpha there
But we we do have to like ink some deals before I before I name drop. Sorry about that
All right. No worries had to try
So do you guys want to walk us through kind of like what the outfit process looks like it's kind of
Lengthy and I I feel like it's worth kind of just like breaking it down for those who haven't tried it yet
Yeah, so here's what we've done for the first three rounds and that we have made a couple changes like wait
So we we finished on sunday. Uh, we took a bunch of feedback
We are making some quality of life changes learning as we go to try to make this more seamless for users
So to start the idea was we're going to have as many micro sales as there's demand for
So each sale is a million tokens, which is zero point five percent of the tge supply of ax v
And each round will start at the lowest valuation. We were
Considering offering vcs and then each round will go up by eight percent
We don't know how long the vest is if we were to do a private round
It would be like a one-year cliff three-year vest like we did for the court contributors
Um, but we could do less of a vest if it's you know, public sale to you me and community members
So, um, we're like we don't know how much demand there's going to be we don't know how many rounds they're going to fill
But there has to be a reason to buy into later rounds instead of just the first one
So the idea is the later you buy your tickets the more you're paying for ax v but also the sooner you get it
So the earlier rounds to get a longer vesting period again, we don't know how long they're going to vest yet
It depends on how many sales fill every new round will add a one-month vest to the previous rounds if we fill 10 rounds
Then round one will have a nine-month lock
But they're also already going to be up a hundred percent
If we have filled four rounds then round one will only have a three-month lock
But they're already up 26 percent and the people buying in at the end will get their tokens immediately fully unlocked
They can lpm they can stake them whatever so that they can actually be earning on them while other people have their tokens locked
So we've had some people say oh we really want in at the beginning
Some people say we want at the end glad that there are different strategies at play. That's how it should work
Then as people bid and fill up rounds if the round fills within the time limit great
We go ahead and move on to the next sale
It shows that there's the man that thing's happening if it doesn't fill it triggers what we call our bonus time
where now there is a jackpot at play of all of the rest of the tokens available in this sale and
um here on sunday and round three when it didn't fill there was a 36 something thousand dollar jackpot and
All of that was lined up to go to the last person who buys and we had a timer set for 30 minutes
That if if nobody else buys tickets for 30 minutes, they're gonna win 36 grand
But if somebody else buys tickets now they're lined up to win, you know
35 900 whatever it goes because the jackpot is just the remaining tokens the more tokens you buy
The lower that jackpot gets as you get closer and closer to the round
And then if the round does fill in bonus time
We gave a bonus 10 percent of tokens to the first 10 percent of users oddly enough
The round actually did close at the end
Not from one of those first 10 percent
So they got their bonus and it wasn't actually them that closed the round which was interesting to us
Um, but yeah, that was the idea
Just basically try to create a bidding war try to drive sales further and have some bonuses at play have nft's being given away
Um in a super decentralized way over 200 users like over 200 independent people have purchased tickets
Only five have part purchased over ten thousand dollars worth only one over fourteen thousand. So it's actually super decentralized
It's not creating whales even though it could have like we really didn't know
But but that's nice to see and then going forward some quality of life changes we're making
Is instead of changing the money per round we're going to change the tokens per round
Um, so we're just going to fix rounds to 50 grand
Um, and then just give a little bit less tokens each round to just keep it at fifty thousand dollar mark
While it still goes up eight percent in price
Um, we're going to lower the time to try to make it a little bit more fun and engaging
We've had rounds to be up to 48 hours, even though
You know round one filled in four minutes, which was incredible
We're going to lower it to 24 hours instead of a 30 minute timer at the end that gets reset
It took a bit over two hours to drive 36 000 in sales, which is awesome
But we think it'd be a little bit more engaging if we just make it 15 minutes
So if people are sitting there on a twitter space watching it doesn't really get dull
We'll do things like add chat boxes and troll boxes and stuff later and more ways to win nfts
But we're also adding more bonuses now whoever closes out further rounds like should round four close
We're going to give them a thousand arch
Additionally instead of just the first 10 percent of people getting a bonus 10 of tokens
We're going to give the first half of people in the round a bonus six percent of tokens should the round fill in bonus time
trying to build a kind of camaraderie for
Early users who want to work together to close the round because again if we're able to drive sales
Then that's fantastic that then we're doing far more than most launch pads are
So those are those are a couple changes that might look a little bit different, but it should feel the same
Having a lower amount of money per round
Lowers the risk and hopefully increases the fomo because the risk for us is if we give out a 45 000 jackpot
We're giving out a 45 000 jackpot in fully liquid funds
So it's not without risk, but we couldn't have the reward of driving sales unless the risk was very real
Yeah, that makes a ton of sense and so when is round two
I mean round four coming in
Round four will start tomorrow at 4 p.m. Utc
11 a.m. Eastern so but same time as this but 30 minutes earlier
So i'm central time so it's 10 a.m
For me if you're pacific 8 a.m
But figure out wherever 4 p.m
Utc is for you guys and we're going live with round four
It's only one day if you are on the vip list
Which again we reserve the beginning parts of rounds only for white listed members
And in order to white list for our early vip list
All you had to do is lp on astro vault at this time
Anybody who has gone into public rounds and participated has been added to that white list
So if you like didn't lp but you liked it and you got involved in round two or round three when they're public
Now you're on the white list for any future rounds
Should you see traction going up? Should you be interested in getting liquid tokens?
Whereas now that we open round four round three will have a vest
And the vip time is only going to be 10 minutes
So if you want to make sure that you're involved in the first half of the round
And think that you can align yourself up for a 6 boost or something
Um, you have first access if you've participated in anything we built in astro vault
Awesome and just to make it clear. How do we know when the last round's coming like what determines the last round?
That is a fantastic question
Um, and we've been a little bit ambiguous on this because it is so new
We didn't really know we were toying with the idea of just as soon as a round goes into bonus time to close it
And of course round three did go into bonus time
But it still did fill in bonus time and then since then we've gotten dms from a lot of other people like yo
That was super awesome. Open up around four. We still want to participate and we don't really want to turn away demand
So at this point we're kind of thinking we just go until we give out a jackpot until a round doesn't fill
And just see where that lies. Maybe that's round four. Maybe that's round nine
But it either way we've shortened the rounds a lot. So it won't take as long to find out
Um, but we're really open to community suggestion community feedback
We try to really stay in a position of community first community led. We are community members and astro vault in and other groups
Um, that's how we met each other. That's how we all got started
so, um, if you guys have suggestions on if how when we should end we're open to it, but in general if
If like we do give out a jackpot then that tells us that we didn't have people online bidding
And we will just go ahead and close and once we do close we're ready to launch the token too within the next day or two
I think it's really awesome that you guys received community feedback as soon as round three ended
And you guys were able to implement it for round four. That's like a one two day turnaround time
And uh, I think it really speaks to the commitment of the team and you know your dedication to the community and stuff
So really well done. I think that's awesome
Thank you so much. We're blessed to have incredible developers benji and fabio
Just yeah working around the clock because they we really do care about ux
I mean our our community is also our clients as we grow decentralized business as they're also the owners of the
Decentralized business so like we owe everything to them and our community has been fantastic
From getting 40 50 people on at a time to participate in demos help us with ux with like, oh, well, we're confused here
This doesn't work like oh where there's like a rounding error if you go to six decimals like uh, it's
All the feedback we've gotten to be able to better our platform is due to community volunteers
Playing with what we build and and communicating. So that means the world to us. We we could not better without that feedback
Absolutely, that's awesome
And so max, do you want to tell us a little bit about your experience on outbid?
I know that you've definitely participated with other launch paths
I guess from a user perspective
Do you want to tell us a little bit about what your journey's been like with outbid?
And what the actual user process looks like in participating?
Yeah, no happy to and and actually that's it's a really great question because
That's the first thing I was doing was kind of just comparing the experience to to what i've
Had on other chains or other launch pads and the one thing i'll say for sure is that the the ux was
Amazing. So I mean and that includes the ui like being able to navigate through it was super simple
Very easy to understand. Um, I like the ticket system basically being one-to-one with the actual tokens
And being able to accept multiple different assets. I thought was really
Crucial, so, you know being able to pick which usdc you prefer
Or using adam as the collateral to to actually bid was for me
Kind of nice because I had adam sitting around so that's something I could just easily ibc over and start participating
It basically allowed me to determine which pools were the I guess the most liquid and get the most out of my actual
Tokens I was swapping into usdc to participate. So just from that perspective
It was nice, but then once you actually get into using the application
Um, you start to really see how smooth the ux is and and you know a bunch of credit goes to
The astral team for everything they've built
Um, but then also you can just tell like the underlying infrastructure itself and network
Are operating really well and smoothly which is something that um, I was interested to see with how
Outbid is set up. Um, you have a moment where
The round starts and the ui has to basically flip to live and then you have all these different
Um users trying to bid at the same time to get in that first 10
I know going forward. It will be the first 50 I believe
To get that bonus, but either way I was shocked with how well the application is able to handle all the requests
Kind of eye opening because we've seen
Nft launches across different l ones. We've seen
airdrop claims across different l ones all these different types of
App launches that have a very
concentrated amount of users coming at once and you typically see the chain halt or
In the network, but it seems like the application is able to process everything
Almost immediately. So from my perspective is one of the best user experiences i've ever had
And now I get to participate in one of the lowest valuations. I could have imagined for one of the best applications i'd use
Thank you family, thank you for the feedback
Um, we we had tried telling people ahead of time that like we like we test everything
I know people think we move fast and break things. We move fast and we qa everything
We just we work a lot and we don't bog ourselves down. We're very i'm very proud of our team
But we didn't anticipate anything breaking and nothing broke and like apparently that's
Unfortunately like cosmos and where we're at in web 3 is at a spot where that's a big deal
Um, but it is and so we're we're really proud that nothing went down that it did work
I think the biggest hiccups were at times like the rpc's got slowed down just a little bit and so
People had to manually adjust the gas as we sold out the first round in four minutes
Um, but even that was like super minor and didn't affect everybody and didn't affect people for very long
So, um, yeah glad that it worked glad that it was smooth. Uh, thank you for the feedback
I just wanted to mention was I love that there's like this
Um symbiotic relationship between the actual astro vault platform and outfit
I mean, I think you kind of mentioned it a little bit earlier
Is that a lot of times launch pads don't really have like a mechanism for being sustainable?
But I think when you pair it with something like a dex where they can help each other out
Um, it becomes a much more valuable product because you don't necessarily have to charge a you know, a team to launch on your launchpad
Um, you can like you mentioned for kind of take a small amount of the tokens
Which then can be supported on the dex as another asset that can generate volume that can generate yield from being stakes
So to me it's like a it's a really nice symbiotic relationship between outbid and astro vault
And I think that's what will kind of help both of them be successful
I couldn't agree more and uh on that note eric
Do you want to tell us a little bit about what the process looks like for teams that want to participate in outbid?
And uh, you know potentially have their token listed on outbid?
Uh, yeah, so right now we have all of the super official, um, decentralized process of dms and let's talk
Uh, we'll we'll work. We need to expand our team like fundamentally that that's part of what this is for
We've been building for 21 months with no salary
Um, so we we need to you know fix that we need to actually get some capital for the team a lot of
People just didn't believe in our model or didn't understand the very real problem. We're solving and
um non-monetized liquidity
So we've we proved it we build astro vault astro vault has made over four hundred thousand dollars in revenue in the six months
We've been live which is like absolutely insane. No token. No incentives
We now have eight hundred and eighty thousand dollars in aum that's projected to just continue growing as we earn from it
Um, but now bringing in outbid
Um, like just from the sale alone so far already outbids earned twenty four thousand dollars in revenue in the axv token as pol
And I know that doesn't seem like much because most of the axv token is going to be in community pool anyways
Which could be used as pol
But it is as we do more sales like this if we could do two sales like this a month
And raise a quarter million dollars for different teams
Not only is that going to be insane for deal flow and traffic, but that's fifty thousand dollars a month in revenue
That's six hundred thousand dollars a year in revenue for the axv dal
Um, so and if we can scale this if we can license this out for other people to do it if we can take this to web
Too and like real world businesses as well the axv dal can start earning non crypto assets as well
That it holds and governs and manages. So if the possibilities really are endless
Um, I I was on the podcast. I know dark side of the podcast is here right now
I was on the podcast last night and started talking about this a little bit
Um, but outbid is a lot easier to build than astro vault
We can scale it faster than we can scale astro vault
And that can kind of be a hook in other communities to bring them to astro vault to bring them to archway
And bring us liquidity in other in other ecosystems
Um where they have their launch they don't have to pay cash
They could pay in tokens those tokens go to astro vault now. They already have a default deck listing set up on coin go and everything
And then we start driving volume
So not only does it raise our assets under management?
But it also allows us to start getting the early volume the early community members
And of course 100 of the volume is also revenue for our now
So it it it really should be symbiotic. We don't like the idea of a launchpad being fully standalone
Trying to nickel and dime their users trying to scam people through kol as much as they can to sustain a team plus investors
Like that's that's usually not a good model
We haven't seen that worked out
But as an on-ramp for new communities new tokens new assets new aum
Like this this could be an absolute game changer
Yeah, absolutely awesome guys, so is there anything else that you guys want to add before we open up to community questions
Just thank you guys again so much for participating. Thank you for the love. Thank you for the appreciation
Um, we we put out a thread about some of the stats that we've experienced from this so far
Obviously, we're still small and unknown as a dex
Hopefully our token launch and people seeing a trs to go live and incentivizing liquidity starts to change that
As we cross 10 million in liquidity as we start getting over a million dollars in daily volume
The numbers are going to increase we are going to turn more heads
Um, but this this has been a great great start. Uh, we're up nearly double active users from last month
We had 600 new accounts created, um since friday
200 individual users participate in outbid if we can get to the point where we've got
5,000 10,000 people just coming in with a hundred bucks
Um, we can be raising tons of money for people
And so if you if you guys like outbid
Um, if you guys like our team and trust our deal flow and like this area of the ecosystem
Hopefully our goal is that outbid's easy enough to use that you can walk through your mom or your friend your co-worker
Who has been interested in crypto but doesn't know where to get started and have them download a leap wallet
On board them through cauto or something into astro vault and just we can alert you to your phone when a new round starting
Give you guys pitch decks and whatever available for material for these new teams and maybe just buying a hundred dollars
So some of these new projects so you can get involved at vc valuations
Without having to go through the hoops and all the deal flow and all the biz dev meetings and everything
We could bring really good deals right to your door and try to make it as easy as possible to participate
Yeah, the potential is incredible there
All right. Thank you so much eric. Um, we have one request. So
All right, you're connected
All right, looks like we lost her, um, does anyone else have any questions
Um, feel free to request to speak and we'll bring you up
I guess quick just quickly eric. What is the the best way for someone to prepare for a sale?
um, I assume it's just to either onboard via ibc or to
Basically onboard from a centralized exchange and I know you guys recently worked with cauto. Um, i'm not sure if that's
Set up directly on your interface, but I believe you're able to at least um
Deposit usdc or arched directly into the network, which should show up on astro vault
Via their website, um, but I was wondering if you guys intended to add the widget or anything in the future
Uh, yeah, we got it. We got it added friday morning
So now if you're on astro vault and you click deposit, it'll default to ibc deposit
So on the dashboard my assets, I click the manage deposit button. It's going to default to ibc deposit
But if right next to ibc is fiat and if you click fiat, it'll open the widget and you could you could deposit or purchase arch
usdc on arch adam on arch and all that stuff and so if you
To prepare for round four should you guys want to participate?
Get a wallet that has some arch for gas that is going to take arch if you're new to the archway
You can always buy arch for the first time on astro vault. We have the first ledger compatible c grant module set up in cosmos
Um, so you could come in and with some atom or with some usdc your ist or something and buy arch for the first time
Um, and then if you have some arch for gas just get ready for any of the assets we accept in this campaign
Which are any of the stables we offer usdc noble axilar gravity usdt gravity ist as well as adam or x atom
So if you just got adam that works if not any of our stables bring them over to archway
Have some arch for gas and then be ready to go 4 p.m. Utc tomorrow
Awesome, that's great. Any other audience questions thoughts?
Unless we're until somebody pops up just please call the action join our discord join our telegram follow us on twitter
We've got the astro vault account co-hosting here
Um and any of our links just astro vault dot i o slash telegram astro vault dot i o slash discord
Um pretty straightforward, um, please come join the community
Give us feedback hit us up in the dm. Hit us up in the community chat
We really do make ourselves available 24 7 and um, your voices really matter to us
And I hope that that shows through everything that we do and perpetrate in what we build
A the astro vault team doesn't sleep v they want to hear from you. So they're always available 24 7 literally to
Answer whatever you guys need. They're an incredible team
All right, then if there are no more questions, then we can go ahead and end the spaces eric max
Thank you so much for joining and for giving us that tldr and outbid and the changes that are coming out
Um, i'm really excited for round four and I hope
We see you guys participating on there. Oh, we have a request one second
At the 11th hour, yeah, welcome
You're a speaker, uh unmute yourself and feel free to ask whatever there you go. Hi, uh, I have a question
What would you guys recommend to any teams out there listening to you?
worthy of being listed in your platform like uh
What what recommendations would you be would you be would you give yourself?
To 21 months ago when you started the project
Oh man, my advice i'd give myself 21 months ago. Um a lot dumber and lie to vcs
Sorry, yeah, okay. Pardon my sarcasm if people aren't really used to it
Yeah, our team's been building. Yeah for the last 21 months unpaid and um
Legitimately, we are like at the left top of the last bull market trying to explain to people. Hey get out of terra
Like this doesn't make sense. Hey osmosis has a 10 billion dollar valuation and literally zero dollars in revenue
And trying to showcase the vcs how we solve these problems
How are the first decks to ever monetize liquidity how you know?
Uniswap had copied coinbase's model as a science fair project
Coinbase has adopted their adapted their model to hypothegate their liquidity in ways that earn them money
Giant sections of their team to do it and we're the first thing to bring that to defy
In a way that makes way more sense in where narratives are pushing and honestly it just all went over their head
We're solving problems that they don't even recognize because there's like oh, well number went up. So we're good. Oh terra prints money
So it's good. Um, but fundamentally it really was that bad. I I cannot
overestimate how frustrating those like those conversations have been
Which is why we'd rather just bring these deals to community members
Because frankly community members are smarter and a lot more plugged in and we value you guys more. So, um
As for projects now that are interested in in listening on outbid my advice is yes
Always go to community first always build community first always do things publicly and transparently in ways that are fair safe and fun
Um, you can talk to other teams that have used centralized launchpads. There are quite a few horror stories, especially close to home
Um also dealing with as we've talked to other like launchpad teams and other opportunities here in cosmos
Um, you might get better deals. You might be able to raise more funds on something like eclipse
I don't know. They seem to have a lot of ko wells lined up. They've got a lot of vc backing. That's great
We've raised a quarter million dollars from zero vcs just from community members because it's fun and because we're honest
Um, and that's how we like to do business. That's the kind of culture we want to keep creating
We don't just want to win for the sake of winning. We want to win and do everything the right way
We're content philosophers. So, um, yeah hit us up. Let us know that you guys are interested
You want to participate you want to raise some funds in a way?
That's way cheaper and a lot more fun and brings you more community members and let's get it set up
let's find out something that's fair and equitable and
Hopefully that we can service also all of your needs for liquidity for trading
On astro vaults because we can offer more for liquidity because we have much higher margins in any other decks
So it's pretty easy for us to attract new listings on astro vaults
But it's a lot easier if new projects start on astro vault and get all of their needs met here and don't need to go
Anywhere else so we're hoping outbid can kind of fill that niche for new projects
But even existing projects you can still use outbid we've got presets in place
We've got things that are fair and better than existing otc deals in again ways that are a lot more fun
And new and existing projects if you guys are looking at our economics and
Dxs, do you have any other questions or does anyone else from the audience want to come up and
One second. I think um, just just quickly you might not be able to hear him, but ethan was just about to
Mention something so even if you want to finish that thought
It's okay. My mic is being terrible today guys
No, ethan we can hear you
I was just going to say um, if if anybody has any tokenomics needs or has any issues with their economics
We do help on the economic side as well
I know it's a lot to build an entire economy from scratch, especially if you have a small dev team
And we have the expertise and we can help you out
So our goal is to make all of cosmos a success and that only happens if all of cosmos is a success
Awesome appreciate that ethan and yeah, uh
Anyone looking to launch a token on their app for their application. I
Could not recommend uh alpin more
Based on my limited experience. It's been
Really fun and easy to use and and honestly like eric mentioned, I think building organic
Supporters and really filling around with with organic users
Of your product is is a better way to build a foundation for for any team
Like like eric mentioned. I think a lot of times vcs
Are very high level in their understanding of the products. They're really just looking for
Potential for earning off of that investment regardless of the underlying technology or really use cases
Um, and I really do respect that, you know, the outbid and really astrovault have been built in a way
Where it's it's ignoring the fact that they may have the most money
And really just focusing on the people who are actually going to push the product forward
Be the ones to actually utilize it which is really how you drive user statistics
Um, and it's really how you add value
Awesome, thank you max. Thank you. Ethan. Even though I couldn't hear you i'm sure whatever you said was great as always
Um, all right. Do we have any other questions comments?
Anyone else want to request to speak?
Until someone shows up just to mention, um, thank you guys again so much for for using this right now
We're going to keep growing this like this can scale really well to other ecosystems outside of crypto
Um, like and this can be used like we we've parameterized everything every single campaign is going to look differently
Every team can customize things how they want to this is kind of how we envisioned it
But we set things up knowing that other people are going to have other needs right now
It's top heavy with like winning nfts and stuff. We we've already gotten good feedback and whatnot
We just didn't have time to implement everything where in the future it'll be like hey
Like every 20th user gets bonus tickets or gets an nft popping up
Like you never know what more you're going to win than just your investment
Um to really keep that dopamine flowing and to keep it fun and engaging for
For as many users as possible. So we'll we'll keep growing be patient with us and keep tuning in
Hopefully outfit gets better each campaign
All right, anyone else going once going twice
All right, I think we can go ahead and end it here eric max ethan any last thoughts
Uh valeria, thank you for hosting. Um bullish on what we're all going to do together on archway
Hope that we're bringing new users to the entire chain
Um, and yeah, I I hope round four goes well, but either way we'll see what happens
Maybe somebody wins a 45 000 jackpot tomorrow
Round four tomorrow. Will you guys be hosting a live spaces like you did for the initial round?
Yes, so we're going to be on on a twitter space with comdex at three o'clock utc
That'll probably wrap up around 330 345 and then as soon as that's over
We're going to start our own
So somewhere between 15 and 30 minutes before the round starts and we'll keep that going at least like 30 minutes an hour into the round
Amazing can't wait. So guys you heard it. Make sure to tune in tomorrow to their twitter spaces and
All right. Bye guys. Have a good one say everybody. Thanks for happening and see you in the sale tomorrow