Planet Mojo: How important is Community?

Recorded: Feb. 8, 2024 Duration: 1:04:39

Player

Snippets

Love this elevated music. I love it. No, I'm just kidding. We got real we got we got song queued up in a bit
But I just want to remind everyone
Please if you haven't already bottom right hand corner repost comment bookmark. We're gonna get this going in just a second
I'm gonna go ahead and play some songs so you guys know exactly what we can do
But again, if you haven't already bottom right hand corner repost comment bookmark, we're gonna get this going
T on my white see I told even thought I need an extra
Only thing in my life is fashion when it comes to things being boxed in holding jay pegs with attachments
Baby don't get attached you don't want to know what the cost is
Everybody wants something baby. I understand I get it scared money. Don't make money. Can't take it with me
I'll spin it pop a bingo crazy. She poppity get shorty fold up in a key. So I got
Everybody wants something baby. I understand I get it
T on my white see I told even thought I need an extra times I dropped it only thing in my life is fashion when it comes
To things being boxed in holding jay pegs with attachments. I'm a pleasure for the project
So the baby don't get attached. You don't want to know what the cost is. This ain't that that ain't this sweet dreams on the top flow
GM shorty bj, and I ain't talking about bonjour popping on that pj
Don't be surprised when i'm on so I want everything I work hard for sweet self. Don't fall for it
Everybody wants something baby. I understand I get it
Everybody got the answers. Okay, everybody is critic. Okay. Nobody is the same. Okay, everybody else
Get your body
Everybody wants something baby. I understand I get it
Everybody wants something baby. I understand I get it
Good afternoon everyone. Welcome to the planet mojo spaces
We're gonna talk about how important is community today?
You guys haven't already please go ahead bottom right hand corner repost comment
Let's bookmark when you get this going a little bit and we're gonna also gonna have the stage a little bit open today
So if anyone wants to come up request to speak feel free to come chill with us
We are going to be opening for community questions towards the end of the space as well
So everyone feel free again, don't be shy but let's repost the space if you haven't already
Real quick. I just want to do a little quick of a brief overview as well
And we're going to do a couple check-ins and then we're just gonna kick start this off
Again, we're looking for you know, how important is community?
uh from even from business standpoint because
We're being really honest rep three when it comes to business growth specifically is not always the most optimal, right?
Uh, it is it is the most optimal for community growth a hundred percent business growth
That still stands for debate a little bit
Some people are having a little bit of mixed sentiment there and then obviously we'll we'll get into that as well
We're talking about how in web 3 web 3 with the community brings a sense of belonging, right?
but like what other ways and more so what other ways actively are
With the communications and everything
What other ways does it really bring to be in this ecosystem in the in a community in the first place?
And we're gonna get pretty deep not gonna lie to you fam. So uh, but first let's check in
We got plenty of beautiful speakers up here. Uh first, let me check in with the planet mojo account. How are we doing today?
Hey, hey, what's up? This is mike?
Glad to be here. Thanks for hosting
excited to
talk about community because it's very important very very important to us and
Yeah, i've got got some people from our community here. I see and excited to hear what everyone's got to say
Absolutely. Absolutely
Mike, let me ask you one more question, you know really serious stuff. Have you had had you had your coffee today?
I'm gonna ask this to everyone by the way. Don't worry. Have you had your coffee yet today?
I had coffee then I had a coke at lunch. So yeah, i'm well caffeinated. Let's go. Let's go
I love to hear i'm also sipping on my third cup myself
Um, let's check in with the rest of the speakers so we can get this conversation started too
I feel like we got to stop meeting like this
We just we just keep going we just keep jumping from space to space together might as well be holding hands
How are you doing today? My man? Have you had coffee yet today?
No, I haven't and yeah, talk to me off off street or like off spaces and stuff, man. That'd be cool
Let's hang out. No, but uh
Yeah, i'm coping pretty hard, uh, because there's a shrapnel play test today. My graphics card exploded not that long ago
So can't play that
But no i'm happy to be here with you and sanjay and the rest of the fam and uh, looking forward to getting into it
I love it. I love it. And just so everyone knows, uh, i'm just staying this up front now
Um, the mute button is not letting me mute myself. So i'm gonna be using my soundboard today
Uh, so I even as I fade out like
You and then all of a sudden you can hear me again
This is why soundboards are go to man even in a glitch on x you can still control your volume
But ash i'm sorry to hear that man. I know a lot of people were looking forward to that
But uh, hey, we'll get him on we'll get him next time, right? We'll get him next time. There's always next time
Um, I think but sanjay we'll check in with you my man. Uh, how are you doing today? Have you had your coffee yet today?
Good afternoon, everybody. Thank you for having me and yes
I actually had my coffee a little too early today. So I woke up and I had to jump in a meeting and
Uh straight up 9 a.m
I had my coffee and didn't even eat anything. So feeling really weird right now
Uh, very not feeling very well, but uh, but as sorry to hear about your graphic card
I we don't realize that how much we rely on our computers and stuff
And then if a graphic card was to just blow up out of a random
I don't know what I would do. I would literally my life will just come to a pause or something
But um, but yeah, uh gonna order some tacos and try to feel better and have some fun on the space
Excited to be here with everybody else
I love it taco thursday is the move
It is 100 the move
Uh, and you know what that first bite you take is going to be so majestic
In fact, I would almost I would go as far to say that that's pure content right there
You should uh get yourself your camera set up and ready to go
Uh how to be on spaces while also enjoying the first bite of a taco. I mean
Horrible clickbaity title, but just a very wholesome. I'm sure one at the very least
But we got one more check-in. I think uh, we're still waiting on seti stack to come through. So we're
We'll check in with them once they get here, but
Apps, how are you doing? I i'm sorry, but what's your name? How are you doing today? Have you had to copy?
GM gm. Um, I think it's like 7 a.m
My time so I think i've just woken up. Uh, the receptors in my brain aren't firing as it
Usually are so but yeah, i'm glad to be i'm glad to talk about um community here
And i'm joined here by you know, these two legends ash and sanja
I think it's my first time being on spaces with both these guys. Um, so yeah, i'm looking forward to it
It's gonna be a good time. It's gonna be a good time. Um, but in the meantime
I think I think we can start getting this discussion started again. Just a reminder for everyone that's listening right now
I feel like we hear it often or more so maybe we don't hear it enough because I think it's depending on everyone's respective
echo chamber if you will which is simply that um
When it comes to web 3 is business growth really?
Gonna be optimal here. Probably not more. So community growth though. However, it's a whole different story
I feel like community growth lies. This is the perfect ecosystem for that
The top part is turning it over and tying it into business growth in a more feasible sustainable and let's be honest
Cleaner matter, right?
So we're gonna get into that kind of discussion and then at this towards the end of the space
I'm gonna kind of talk about maybe what what some of us think might actually make it so successful
For the community that is important at the end of the day, right?
Because again, we always say why is community important but we never talk about how and so
I think I think this is a great question for us all to start with
And mikey i'll throw this over to you to kick start us off with the discussion
And then everyone else feel free if you want to take the question first
I mean i'm gonna get to you probably regardless
So you want to take the question first, but feel free to raise your hand right after we got mike to go but um, mike again
I'll repeat this just one more time
To me, I feel like we hear it often whip 3 is actually almost horrible business growth
But there's almost never been a better way to fester and grow a community
So in your perspective in your opinion, why why does community matter in the first place?
Hey, uh, yeah, so first off awesome. Yes. I've had my coffee today. You didn't ask that's okay
So, uh, yeah, here's the thing about community and why it's
Way way way real quick. Uh, mikey you unmuted on both accounts and it sounds like you're talking to yourself
But that was actually really funny, but uh, i'm gonna i'm gonna throw this back to you
Just just just unmute one account and then you should be good to go
Uh, hello
Are we good? Yeah, you're good. You're good. It was really trippy. It was really true
I think I think that I unmuted and then maybe mike unmuted because i'm mikey and there's mike as well
I'm not gonna lie. I'm not gonna lie. I'm
I'm i'm gonna be i'm gonna be i'm gonna own it here 100 thought you were the same person. I
That's why I didn't check in with you because I was like, oh I already checked it with mike on the project
So we should be good, but no there's another mikey man. What a hot twist
Holy shit. I just feel like I just found out there was a twin brother here. Okay mikey, please. Uh, go ahead and take it away
All right. All right. Uh, yeah, so okay
Getting back getting the reins back. How how's it going everybody? So the reason why community is so important
There's a lot of talk about like, you know, how is how is a web3 project or a game going to survive business wise?
But here's the thing the community is
The only thing that matters in my opinion you have a good community a solid community you have a good and solid, you know
Growth it's it's the most important thing
So when you're looking at how you're going to grow your brand how you're going to grow your business and how you're going to grow
You know your your individuality online as a presence
Only thing that will matter and that will really really push you is the community. Are you connecting with them?
Are you giving them what they want?
Are you answering their questions and once you get those things down and you're really good about it?
And like, you know moving just a little bit beyond this like youtubers and other influencers beyond the business space beyond the web3 space
They all got this down
You know once you once you have the answer of what you know, your community is looking for you you will be
You know a successful business
So when I look at community and I look at like how important it is it is it is the most important thing
If we deliver what the community wants, you know, if we bring them that product that they want then then
Everything else is going to fall into place. That's really how I feel about it
I love that. Sorry now I have to be conscious that I need to increase the volume of my sound more because i'm used to just
best of the button but
um, I like and I like what you said this specific part which is that if you deliver and
The expectations are almost kind of set everything else falls into place, right?
How often do we see?
um, you know, maybe perhaps one thing is off and then some things don't align because perhaps the community didn't really ask for it
I I think we've seen plenty of examples like this in the last few weeks as well from some, you know
uh, lack of better ways say a little bit more projects that have been around for a bit at this point so
Um, and I think new projects have the benefit of learning from that, right? So well said mickey
Um, and I want to throw this around a little bit more to the panel as well. So
Uh, ask sanjay. Uh, please feel free to raise your hand if you want to hit this
Sanjay you go ahead my man, what you got?
Um, I you know just like they're just around community. I think I had to say this because this is something i'm
Experiencing literally as we speak. I've been in the space gaming
Concrete space and for us for a long time now, like well, I guess a long time
uh, we're in web3 and uh more than like, uh, almost a year and
Last few weeks like until like three weeks ago
I didn't even like have this place to like kind of bring the community together, you know
Like discord or telegram or anything like that. I've only been like active on twitter and trying to provide value to the community
Which I thought I was doing pretty well
But then only until I actually brought the community together now i'm seeing the real use
Uh the real the real value of the community and how active people are and what and how how supportive they are
And uh, and so many more people know us or you know, or like creators then we think
Then then we think and you know
Like just posting on twitter doing like, you know
Trying to like give back to the community on twitter
Was not enough until I built my side community and now i'm seeing the real value now
I know every day that oh wow this many people saw this video and this many people
Resonated with it and this many people signed up on you know, uh, mohomil is like a
Tournament or et cetera, et cetera
So I think I just I was sleeping on community for such a long time and now i'm up and i'm here
That's the real coffee which i've had
I love that. I love that and he doesn't need ketamine therapy. How about that? Am I right? Am I right?
Sorry guys. I mean look I feel like no one's been utilizing this joke enough and
sometimes someone's got to do it so
Uh, but apps and apps I I just want to check it with you guys
Maybe you want to touch on something that may not have been touched on if not all good
I'm just kind of kind of move on to the next thing abs. Go ahead my men
Yeah, I think I largely agree with um what maki and sanjo were saying especially sanja since he's you know
Building a community now, um, and you can actually see, you know
How people harbor in um, it shows sort of brand loyalty and I think you know brand loyalty is one of the biggest things you can
Build up establish while having a community in general
Um, I think it cultivates that sort of, you know, sense of belonging and emotional connection you have with that particular individual or that brand
And I think we see it all around. I think we see it with like most prominent products out there as well
like, you know, nike apple, um zuki as well from the nft space and whatnot
And I think we're gonna continue to see products that thrive um have like a really good community behind them
Um, and also, you know kol's um in the space and whatnot
Um, so yeah, I think like, you know community is extremely important
Um, not just in web 3 but I think across like the landscape of web 2 1 web 3 in general
I mean, I think the products and the people that focus on community at front and have their primary focus attached to it
Are going to be the ones that win at the end of the day
Well said well said my man and I I couldn't agree more I think um
I think a lot of people
Are almost you know for lack of a better way to say they're in a rush for no reason, you know
it's it's it's it's really similar to
Uh when people are trying to lose weight
And they're like, oh my god, I have to lose weight
I have to do this by this summer and it's like why are you in a rush?
You've got years ahead of you. Why are we so focused on this particular season within this particular year?
When we if we look at the bigger picture
We almost end up performing so much better than we ever could imagine
In that very moment in time and I think that goes the same across the board for a lot of different things including
Community building and and how to get that started. So I feel like we've established this pretty well
Why is community important? Right? This is a little bit more of a quick like refresher
Of why community members should realize you're you are important here, right?
but one thing I do want to hit on a little bit right is
And there's a few different perspectives that we can look at this as right whether is say, you know
Oh, I've created a community council. I've created
Uh a very particular group for og community members that have been around et cetera, et cetera
There's there's so many different ways and and it's more than we can imagine right because the creativity of that is
Unboutable right and so
Let me frame this and I'll throw this back over to uh, either mike or mikey
Whoever wants to answer whoever feels the feet. Uh, uh, dude
I'm like, I'm still a little tripped out by that because both of you came off mute
I was like, oh wait, I think you unmuted yourself by accident. Uh, but
In your opinion and again, we're gonna throw this around the panel again
Again, we've established why but what is the most important role that you guys see?
That community gets to play right?
Um, we can we can look at this as from an average community member
We can look at this as uh, some people might say they're whales are their most active community members for obvious reasons
Other people might say that it's just there's a lot of passion overall in their community et cetera
There's so many again so many different scenarios so many different approaches
Um, so what's the most important role that you guys think in your opinion?
Community gets to play and why so
Uh, mikey let's throw this over to you or mike go ahead
echo echo
The thing that made that even weirder is I I don't know if anyone else has this but I get this thing on spaces where
Sometimes I can't hear certain speakers talk
So I couldn't hear a thing mikey said i'm sure it was brilliant because I know he is but um
So that I was talking. I didn't know I was even talking over him. Anyway, um
Yeah, like I think and you know just to give perspective
You know having been around in games for a long time like even way back, you know when I worked at lucas arts
community was
incredibly
important
It was so different back then right because the technology was so different
and you know back then it was like literally people calling up the hotline just to
Talk to the people and like again, this is like pre-internet pre-el i'm dating myself
There there was ways the people found to be connected and there was this huge community around those games and we've obviously
Seen that continue through the years, but I think what happened in games is like community
Evolved with technology, right?
Then we got the internet so people could connect in forums and then discord came and now
blockchain
Really to me is like the next evolution of community and to get to your point
I think it's not just one type. It's different types of personas and they're all important
Some people are really into the game. Some people are
Really into the web 3 and the collection aspect and speculation and that march and things in between that
So I think you know, that's what brings us together and I think with web 3
People it makes the community because people have invested in these assets
Really part of the experience and we always refer to our community as like another team member
We're having our tournament this weekend, which I believe sanjay's and some others. So like yeah the the
You know, we always want to give back
We're always listening if we screw up
We try to have forums and listen to people and take polls and and because you know, they're they're a valuable voice and if you're not
Fostering that and listening to your community then, you know, what are you doing? Right? And that's why I think web 3
Is so different is because like in normal gaming it's really hard to get that initial spark
And in web 3, I think it's so tight knit and people care so much and they're invested
It's an amazing place to start a community, right? And then as this evolves and we bring this out to the masses
Having that initial community is is just hugely important to well as long as they're welcoming
To new people which is going to be important in this journey
Couldn't agree more. Um, and I love that you said you dated yourself a pre pre internet
What what it I I wish I could load up the sound right now of the dial-up internet that I so lovingly remember
Uh, just because and my mom finally got off the phone
Um, but no well well said and I and I will I will say this
You know is you were talking about if we screw up we screw up and it's like I think that's another important part of why
How important community is it's so important that you have to communicate that that you you acknowledge that and you are going to do
What's how are you going to correct it?
How are you going to do right by the community and if there is anything that you're right by them?
So I think that that's again. That's what brings them back together. And that's what makes web 3. So
um highly regarded when it comes to this and why
The proof is simply the amount of people that are here
And plus the amount of liquidity in order to prove that there is a market in the first place, right? Otherwise
What are we doing? Um, but mikey?
I actually want to check in with you if you want to add anything on top of what mike said
Um, or if you have anything of your own that you want to kind of bring up as well
so actually
I want you to repeat the question just so I get it right because mike said a whole bunch and he was really really like
Spot-on and I just want to like give a little bit but you know
Well, he he cooked up a whole seven course meal. I feel like i'm at a wedding right now
I i'm pretty full. Uh, but I I get you I get you. Um
Thank you sanjay. I appreciate the laugh. All right. Oh, there we go. We got another mercy laugh. Nice
Uh, okay in your opinion and again, we'll take this round of panel. What's the most important role that you see?
Community gets to play and why?
That's a question. Yeah. Yeah, so
I don't think I can add anything beyond what mike said. Um, so the the most important thing that I see of a community member
Like what what they get to play is just straight being there like anybody that comes in
You know and hangs out in your community, uh plays your game watches your stream, you know
I've been a i've been a content creator for almost eight years. Now anybody who's involved in that in any way that that's your value
That's that's what you that's what you bring to the table
So just you being available and hanging out with us and maybe telling a friend
About this new interesting project that you found in web 3 or this new, you know interesting thing that's going on that that involves. Uh, you know
Uh our project or our company or what have you that in and of itself is so incredibly valuable
I can't even put a price on it, you know
so so the role that you play in my opinion is just giving a little bit of your time and and you know
Talking to people about the project that's coming up talking to people about you know
Maybe coming in and hanging out in the discord and you know joining our our twitter spaces. Um that right there
That is so incredibly valuable
Well said and I and I and I agree I think it's it's something that
When you sometimes when you have someone come up to you like how can I help you?
How can I help the project? How can I help the ecosystem as a whole and it's like
I just need you to be active
like I just quite literally need you to just be here like and not like
You know just kind of be there if you know what I mean, right?
Like there are people for example in in the in the case of spaces
It's it's great for people to be listening to spaces
but it's even better for them to be participating and
Pressing that laugh emoji when no one else laughs at you jokes like that kind of deal really makes such a big difference because
It's like it's like comedy stand-up. You're standing in the room. You tell a joke airplane food. Am I right?
And no one else is laughing. It's like your worst nightmare. It's like oh, no
I've completely dropped the ball here and it's like it's that part of community interaction
That makes such a bigger difference than that respective community member can even bat them. So
Sanjay speaking up you had your hand up
So I want to throw this over to you and I want to check in with that rph real quick. What you're thinking
Yeah before our picture goes I just want to quickly add on the last part you said right like uh,
I know you guys must have heard of uh, you know, like having like 1000 fans theory or whatever the quote is
I think this is something we are seeing more and more happening in web 3 where people will have they won't have
Huge communities like ninja or or or doctor to suspect where they have 100 000 paying members
But then they will have these they will have these niche community of like a thousand solid fans who who they can kind of like
Rely on whatever happens. Hey a new game reaches out to them. We're like, hey, we are trying to play test this game
Let's test it with your community and boom
They have like a thousand fans ready to go and obviously these fans are getting rewarded as well, you know
Like early access to games whatever the giveaways might be etc. Etc. And I think this is
I I have been a communicator in web 2 for a long time in the past and I haven't seen things like this
Before and I think web 3 community aspect of it is just another level and people are like the other day
There was a project they they were like, hey
Can you ask people to sign up for this google form and we're gonna like, you know
Uh, give them some codes for this game access and my my discord just started and I put it in there
And there were 1200 people signed up, right and people were like, thank you for you know, inviting us et cetera, et cetera
I think that's that aspect of it like having smaller number of community
But then but then having like solid community so like everybody's active. Everybody's here. Everybody's present
I think that's something we are seeing in web 3 which we haven't seen in web 2 at least not me
And I was the full-time creator in the past. So we'd love to hear other creators opinions, too
You know ash ash ash is also like a web 2 creator
So maybe he has a different opinion on it, but but yeah, i'll just let you take it from there
Yeah, no, well said. Um, you know ash I
Without wasting any time. He's got his hand up
So I want to check it with you get your take on that and then rph. I mean we gotta stop meeting like this
Second time today, it's crazy. Uh, but we're gonna go ash and then our ph i'll check it with you ash. What's your thoughts here?
Yeah, so i'm just gonna pretty much continue on where sanjay left off
I will say that it is
It's it's weird. It is very hard
to build a web 2
Like I mean really any community but like a web 2 gaming community, uh from a creator standpoint
Obviously from like a game standpoint, too
Um, I I think that sometimes we take things a little bit for granted in web 3
It is definitely like an echo chamber
But what I will say is that the community within web 3 is is definitely a lot more
While there's a lot of competition. It is a lot more tight knit
Everybody kind of knows each other a lot of people interact with each other
When you look at something like uh, like twitch streamers
Uh like or kick streamers or like any of these creators that are gaming creators like in web 2
They do not fuck with each other really at all. Like it's it's actually tough
Like you'll never see first of all a lot of them don't use twitter
Um, so many people are so lost like in what they're doing
It's like i've seen on on certain web 2 like streamers and video creators
Like their entire twitter is just like them posting like hey i'm live. It's like they don't interact with anybody
They don't like try to it's just so different like there's just no real
like community there and so it's weird like if you were to
Say like, okay
I want to get into twitch streaming and you took like the same exact tactics
As you did in web 3 to like go out and follow like the big streamers and like respond to them and stuff
It is not the same and you in my opinion
You really would not have the same results is if you were to put that effort into to web 3 so
Yeah, and I know this firsthand because like I did this for three years and
I will tell you like it was such a wake-up call
I remember feeling like
Like very like at home in a way when I first got into nfts and web 3 because I was like, whoa
Like there's a lot of people that are really into this whereas like web 2 it's just not like in gaming
I use that as an example because that's what i'm familiar with but it's just really not the same
Yeah, you know, it's interesting right because I we say echo chamber a lot
But I think echo chamber actually ends up almost being beneficial for the sense of the way, right?
And i'll i'll give it an example. You just bought into nft collection, right?
Uh, there's
6 000 holders. Let's just say 6 000 holders 10k, whatever whatever it is
And you you post about it on socials all of a sudden other holders have found you
You are now getting absorbed into that echo chamber
But at the same time you are now being introduced into a completely new community
And I think that's why web 3 does it so well in general like you're saying ash
But yet you turn around and you try to do that to twitch you try to do that to youtube
Whatever it doesn't quite hit the same and I think that that's something where you know
Um that just validates why I will probably never become a twitch streamer. No, no, i'm just kidding
Um, well, not really but point being really is it's just that
What works here doesn't work anywhere else and all algorithms are different. Uh, all approaches are unique
It's it depends on a person depends on the brand depends on the message that you're bringing to the table at the end of the day
Um again, and I I have a really great topic for us to segue into but first I want to check with my man rph
Who i'm just uh meeting with honest basis for the second time today my dude. How are you doing today?
Yo, yo, yo, what's going on legends up on stage with a bunch of goats. Sanjay
It's great to be back on with you ash. What's going on. We got to catch up tomorrow. Got a call on the calendar
Mickey plant mojo. Sanjay killing it. What's going on?
Yeah, yeah, I appreciate that. I mean i'm trying i'm on my third cup of coffee. Hopefully maybe tomorrow we can get that down to two
Uh, no, but I I actually want to use you as our segue into the next topic
Um, we we talked we just went over kind of in everyone's opinions
What the most important role community gets to play and why and led us into discussion that we just took with uh
Sanjay and ash and so I want to take this into a little bit of a tiny bit of a different direction, you know
We're in whip three and there's no doubt once again that being in a community in whip three brings a sense of belonging
A little bit of purpose within the ecosystem, right? Otherwise, where else would you be applying for a director of vibes position?
Let's be honest, right? You're not going to twitter and be like hey, man
I think you need a direct a director of vibes here
Uh elon might tell you, you know, I have a soundbite that's perfect for this
But I want to be appropriate and I want to keep this, you know, pg-13 here
But I want to take this to the the question of
What opportunities for growth and empowerment? Do you guys foresee?
Um being in whip three community offer for both
Founder and creator or maybe some other position that we can that i'm not thinking of off the top of my head
So our ph I want to throw this over to you
Yeah, that's uh, that's a very good question
And you know one of the most special things about this web three space is our communities
Without the communities and the interaction between how projects build
Uh with their communities in such an open and public format, you know, the space really wouldn't be the same
You know to me it feels a lot like an accelerator at times
Like I just I remember my days in in the in the web two world
Uh when you know, for example with a marketing agency, you know
If you have a typo on your website, you know
It's really not the end of the world because you know
You'll get on a phone call with a leader or prospect and you're still able to help them cross the finish line
Uh, whereas, you know, if you have a typo on your website in web three
You're going to get a thousand people who are repping your pfp or hundreds of people who really care about this brand and this product
Who are going to be, you know all over you and it forces faster action
It forces you to be adaptable. And so, you know being able to be in an environment where
The community is you know in that direct line of feedback
Like I even remember for example on amazon, you know
If you're if you're selling on amazon
One of the greatest things you could possibly have is a direct line of feedback between you and your customer you and your user
Because they're they're the ones who are going to give you the direct, you know feedback
Like even at times you could go look on amazon and if a company has a really good support
They might get a five-star review
Even if it was a three-star product and the reason why is because they had that line of communication open now web three
Puts this whole entire this whole entire model on steroids where you get that qa, right that that
Quality assessment you get that feedback loop a hundred times faster
And so what that allows you to do is, you know one it empowers the founders and the team
Because you know, they're able to iterate faster and by iterating faster
They're moving faster and by being able to move faster. I mean speed loves money and then on the flip side for the community
They're able to actually communicate directly with products and brands that they actually care about
And in exchange show themselves in an open format
Like, you know
I've seen people in web three get hired by brands and companies without even a resume
And the reason why is because they already showed up and did the things they already walked the walk
They showed everybody in public in front of everybody what they were capable of
And so there's so many opportunities on both sides and the more that projects and teams and founders can find ways
To empower the community. Uh, you know, ultimately the more success that's going to come out of the ecosystem. And so, uh
Really good question, but i'll i'll stop there
Really good question really good answer. Holy shit. I mean come on. Can we can we clap it up for this man? Jesus?
I feel I we just went from one seven course meal to another seven course meal that got
Absolutely clocked my god. I I because I couldn't agree more how all I think about it
What other method let's say maybe say besides linkedin, right?
Uh, let's be honest and most of us aren't really on linkedin even though don't fade Lincoln
Don't get me wrong. But in terms of
existing platforms we're all on x spaces right now as we speak
There's I don't I don't really think any other platform does it better in terms of being able a direct to from you know
Consumer to business type of ordeal and so I I couldn't agree more
It's it's really I mean in on what other platforms does anyone have the balls to be like hey amazon?
Come check me out
You know and it's like yeah
And then you got people you got people
That following that person that might even bash with them even harder, which
At some point it's like okay. We can't ignore this person
Let's let's go ahead and check it out
But I want to take this question around to the panel
If anyone wants to go ahead and shoot their hand up for this, uh, i'm actually going to check in real quick with uh,
Mike or mike dude
I almost i'm like, uh, which one did I go to first but uh, let's let's let's start over maybe uh to mikey first, uh,
Mikey, I I want i'm gonna repost the question one more time. Um
What opportunities for growth and empowerment do you foresee being in a web3 community offer for both?
A founder and creator and again or otherwise of a position that again i'm not currently coming up with at the moment
Yeah, yeah, yeah, so
the main things that I kind of want to focus on because I I really focus a lot on web3 and web2 because I think that they
can coexist
Is when you look at the like the web3, um, like the founders and the creators and exactly what you want between the two of them
the people who are
spending a lot of time, uh
growing a project as a member as a creator right as as somebody in the um, you know what I would call like the the
Like on the ground, right?
When those people are spending time and putting a lot of love and effort into the the project
The project gets to grow and the founder gets to grow with it
But also everybody that's there, you know, they all get their piece. They all get their their
um, you know, what have you whether it's monetary value or or nfts or
Um, you know what have you?
Uh, that's how I kind of look at it is like everybody gets to grow. So
when you're when you're
Putting a lot of love and a lot of time into these projects
You know you end up on top no matter what in my opinion as long as the project is is
Real and cares about the community and puts, you know the the community first again
I'm very very big on this kind of thing as long as they put them first
Everybody comes out
On top and i've seen it i've seen it a bunch of times with a bunch of projects
You know and I see it all the time with mojo too
I mean we listen to the community all the time and every time
We take what they say we put out forms and stuff to you know
See what the community wants to do and then we kind of model
Uh the business more or less around that every time we do that we see growth
We see positivity and we see everybody's not only happy, but they're all leaving with something in their bag
And so that's that's what I got to say on that but i'm sure mike might have more more to go on
Well mike mikey says you might have more to go on
Uh, are we are we uh, what you're thinking right now?
I had to listen to mike on my desktop. So I have like a slight delay. I probably didn't hear the very end of it because
damn technology
Um, yeah, no, I I agree with everything mikey said and I mean I I think like
Yeah, like you have to be constantly listening
I mean it's it's kind of like it's a two-way street
I I think at the same time like, you know people want to be surprised and delighted right like you want to
Come up like, you know, I always joke like if you know pixar
You know did polls and ask people if they you know, what movie should we make next, you know
And it just wouldn't work that way, right?
So there has to be like a push and a pull right from the creative side and then
The community's feedback and sort of helping shape that and that's kind of you know, I think the world
We've moved into and it's just it's it's a fine balance on the creative side, right? Because like ultimately
The most successful things really when you're creating them as a creator as a founder
And it sounds a little weird and selfish, but you really want to create it for yourself
If you don't like it
No one else is going to like it right and you have to hope what you like
Other people like to but if you sort of go
I think maybe it's even better to make the point if you think of it down the other road
And you start out making something creative and all you're doing is like well
What genres are popular and what types of characters and did it, you know, and you're sort of filling out a checkbox. I mean personally
That's like the road to creative hell for me, right? And those kind of projects don't attract me nearly as much
You know, I like when people are willing to stick their neck out think differently
Take risks do different things, you know
Just as a random example because i've been raving about it all week
Like I just saw the new teenage mutant ninja turtles movie. I don't know if anyone else has seen that
I was I just saw it on cable and I was just blown away by it. I mean just the art direction
the style
Just totally different and original and yeah, it's just a great example
Yeah, yeah, um, I mean i'll be honest a trailer that i've been blown away by most recently
Was the avatar the last airbender the one that's coming this month because it's a live
uh, it's a live ashen one and those are always a little mixed but
I mean, you know again, okay. I haven't seen that and i'm now googling it because I loved airbender
Oh, yeah. Oh, yeah
Besides the one movie that we shall not remember speak of anymore that came out a decade. It's been if they've been rerunning it constantly
I was watching the ending last night. It's hysterical
I mean at least it's not at least it's not as bad as fantastic four. Nothing will ever be as bad as that, you know, um
That thing's been rerun three times over. Um, sorry guys. Welcome to the movie critic space. Sorry
It's just it's just I couldn't help myself
I want to remind everyone we are in the last 15 minutes
I we do want to open up for any community
Questions for anyone that's that wants to come up ask the question. Please don't be shy
We'll take it over to you any given point over the last 10 minutes of the space there. Um
Next week there will be another spaces here
I'm not remembering the specific time and date at the moment, but as it is happening a week from now
So hopefully we'll see you guys then as well that you'll be on a lookout for that for that tweet as well
I want to throw this around one more time to the panel the question that we had just posed which again
Again, anyone feel free to shoot your hand up?
Um, what opportunity for growth and empowerment does being in a web3 community offer for both founder and creator?
Uh, so again ash, um our creator really hit this sanjay, uh app
So maybe one of you want to hit this if not, it's all good. I'm just kind of checking in with you guys
Um, because again, this is one of these things that we we we have the discussion a lot
especially in this ecosystem where
You know, I mean mike you kind of said it the best
It's almost too easy to say what do you want us to do?
What would you like to see from us?
More often than not people have no idea what kind of feedback to give with that kind of open-ended question, right?
That's why you know when people poll it
It's kind of like a little bit better, but it's not extremely better because that poll is still
Coming out from from you and what you're trying to think of and you're trying to decide which path to go down
Because now we're talking about. Okay, the community decided this but
I don't really like that direction
I like this direction better and now all of a sudden you're going against your human nature
To create what you actually want to create but you're not sure if the community's gonna like it at the end today
So, uh sanjay, I want to throw this over to you and an abs was loading you right after
Yeah, I really want to touch on that thing you said in the end
But I also uh i'm a little bit upset at rph because he just he just answered that question earlier
So well that making us look bad, so I don't know i'm gonna like uh, you know be better than that
But i'll try to do something here. Uh, I think I think you mentioned
You know, like I just want to touch on that part where you said that okay
Now you have these community members who are asking for something else
But then the founder and the project wants to do something else. I always take this as a positive thing
And I always take this as um, you know, uh, I like to say these things
I like to say the sentence where it's like what you don't know is what you don't know, right?
And sometimes the more community members you can get involved in a product or in a in an event or in a campaign
The more opinions you get now people might get upset at those opinions
But they do start up a new conversation a new way to
Build a maybe a new way to reward some something maybe a new way to change something in the game
So I think the more words we can get out of the community the more feedback we can get out of it
And uh the more people talking about it means more minds behind that behind that certain game or project or or or uh
campaign, you know
So the more minds behind it then eventually we will have more options
And we can pick the right option. So I always like to I I take that as a positive way in my opinion
Uh, but again human nature it's you know, like people can get offended people can you know, start thinking something something
But uh, but I think the right founders the great team can always see the positive side of it
Absolutely, and especially more so
Emphasizing on the idea of not being surrounded by yes, man
Because you fall into that same trap in the first place. It's like oh everyone thought it was a great idea
Okay, who the team? Oh, you mean the people that you pay an employee and that depends on you for everything
Yeah, of course. Of course. I said yes, and it thought it was a great idea because they don't want to go against that
Um, but yeah, so uh abs I want to throw this over to you. What are your thoughts?
Uh, yeah, I think I share the sort of sense same sentiment as Sanjay
I'm kind of mad at rph uh for you know speaking so well earlier. I think he literally cooked the audacity. Am I right?
Um, and he ate it as well. He cooked the meal and he ate it
Um did not leave us any bits and pieces but yeah on a serious note
I think I want to touch up on the feedback funnel that you know, rph was talking about
I think that's one of the most important things, right?
Um, I think being a founder in web 3 you're literally in the trenches
Um, and I think it trains you off for like, you know, the larger larger picture, right?
Because there's you know 10 000 people telling you what to do there's you know
Your community's telling you what to do x y z and I think it sort of
Um makes you take better decisions in general
And I think the feedback loop that gets established from this essentially enabled you to sort of you know
Refine and innovate um leading to like the part of the ultimately building at the end be better as well
So I think you know at the end of the day, um, if you're a founder getting like, you know trashed
In web 3, I think it's for like the betterment. Um of your entire sort of, you know longevity in the space itself
Well said my man well said, uh, see he you man, I know you were complaining but come on now
You you had that you had that in the bag. That was good. That was good. Good job. Good job
Uh, but no in all seriousness. I think again, this is why
I think that's another reason why we find ourselves in this discussion so often because there's so many different
Unique ways to do it. Even though a lot of them might look similar
The infrastructure behind the approach can always change it up
um, and and more often than not
I feel like what we've seen is a lot of projects fall into the trap of trying to find another
And hold on, let me let me rewind just a second
And I think that is the reason more often than not we've seen projects who try to copy other projects playbook
Without knowing the back end often fail
Right is because now they're like I think this is the way they do it. They're doing it
Now, let me try this and then they just completely kind of fall on their face
It's like well, why did that just happen because they didn't know the infrastructure they
It that's almost the trade secret in itself. It's the team and the infrastructure
The best part of that is it cannot always be replicated. The the worst part of it is
sometimes it can but
Yeah, I think this is another reason why it's just better for us to go with our gut and figure out
Okay, like mike you just said it again
I I want to repeat what he just said one more time for everyone. Just one more time, which is that
create for yourself
With and not just for your community because if you do that you're at the you're at the mercy
of so many different conflicting thoughts and opinions and views and
whether they're facts or not sometimes you have to ignore certain parts to just be able to
You know go forward in the direction that you should forward your project
So I won't I won't go on another monologue. I promise i'll stop myself here. We got two community hands up
I want to throw it over to them for any questions. Um, you know again speaking of community plague of frogs again
Another really good example. Oh being able to highlight that as well
Um a realist, I know you can probably speak on this as well, but I want to throw it over to you
You had your hand up. What are you thinking? What's your question?
How you doing, mate? Um, just a couple of things really the first thing I think is um
I see it time time again with with certain projects and founders where they're asking for feedback from what they call quote unquote community
But they're actually got a bunch of consumers
And what I mean by that is you know perpetually they've got individuals that are
Consistently buying the product that they're selling or the service with the intention of them flipping that year, you know
For a return on investment later down the line. So and don't get me wrong
They they can be a a hybrid of a consumer slash community member, but you know
It's it's very much that they're in one of two camps
But I guess that's that's a question that i've put to rph put to ash who's been around san jay
and the rest of you is
In the sense of when you're asking for that feedback loop one
How are you doing it so that it doesn't turn into an echo chamber in terms of someone massaging?
You know your ego and telling you what you want to hear and two. How do you fix that? So it's actually
It's actually gaining feedback from consumers who want the price to go up versus community members who want to see
development innovation etc
That is a great question, I think that's also a loaded question
Uh, but uh ash san jay abs feel free to mikey again any one of you feel free to raise your hand up
Depending on who wants to take it first, you know, whoever is the brave soldier that shall step forth
No, i'm just kidding. I don't know why I just went into a dragon's accent there. Um, but
All right, i'll i guess i'll throw someone into the fire
You want to give that question a try?
Great take that was the most unbelievable. He's napping. Yeah, he
Yeah, yeah pass it to somebody else real quick. I have to take care of my dog for a second
Yeah, no, don't worry. You're good. You're good. You're good. Uh san jay
I'll throw it over to you since you were the other brave soldiers that came off of you. Go ahead my man
What's your thoughts on that question? Uh ashley just real quick a realist
Can you just repeat the question just one more time because I want to make sure that we've got the question, right?
Yeah, of course. So so ultimately with reference to the feedback loop
How do you ensure that you you've created one that caters to consumers who want to see the price go up?
But then also actual community members who are more interested in the development and the innovation side of the project
Okay, so I uh, you know first a great question I think um
I think uh depending on the project right for let's say if it's a it's a gaming project
So i'm a gaming creator
So i'll try to cater towards that towards that part
so if it's a gaming question and if you're asking for feedback from the community then
I don't think a game should be asking for the feedback of like hey
How should how how would the price go up? What should we be doing about the price and you know, like, uh, what can we do?
uh to make the full price or or
Revenue or you know to for or royalties or whatever to go up
I think uh, I think that project should be only interested in the feedback off the product
Which is the game of like how can we make the game better?
What can we do to make the game better and realistically?
I think the community and the people who are giving the feedback
They will probably have better answer for that rather than giving the answer
What you should do for the floor price or or the or the price to go up. I think the project should have
Different advisors for that and people who have been in the space for years people who have experienced
I think those will be the right people to advise about financial things
But uh, but anything related to the product that's where the community shines because they are testing the product
They are playing the product
Uh, and I feel like the community will have better have more time to play around with the with the product sometimes, you know
sometimes I work with games and you know, they will ask me for my feedback and
Unfortunately, sometimes I just didn't even get time to play the game because i'm not
Because I let's say I have too much on my plate, right?
That's where the community can come and play and they can they can uh, they can test it for me. They can get me those
Key answers, you know those key bugs or key mistakes
Which the team might have missed because again, the team is maybe 20 people the community is a thousand people, right?
So power numbers in that sense. Uh, I think that answers the first question
I don't I I think I forgot the second one
But if anybody else wants to take the second part of it feel free to do it
Yeah, we're playing hot potato with questions right now. No, i'm just kidding
It's like no you take it now. You take it now open it you and you can like throw it all the way to the left field
Sometimes you got to call it man, you know, uh, but real quick
I a realist I i'm gonna be honest because again your question was loaded
What was the second part of the question just one more time and then we'll we'll take it over to show
Yeah, so the second part of the question was with reference to how do you how do you ensure that your your feedback loop?
Is predominantly for the community? So all I mean by that just so give it some clarity is that I don't believe
When we use the word community
I don't believe that everyone is actually part of that community that there's quite a percentage of that that are actually consumers
So how do we cater for the community?
Community members that want to see development and innovation specifically I love that and so, um
Mike please take it away
Yeah, I was just gonna sort of throw in the part that you know, I think
If we believe in the decentralization
nature of this and
Dows and you know what our project and others I don't think I don't think there's many that have achieved it
But like that's what we want to move to right? So we're talking about like listening to community and all that stuff and I think
It gets even deeper when you sort of think down the road and it's one of the things that attracted to me
The space of many is just like that
Dow structure of sort of like creating something and then really like handing it off back to the community, right? But like
How does that work, you know, it is very tricky because like I think what everyone was just talking about before it's more like
Okay, listen to your community
And then it's kind of like still us at the top trying to figure out what are the okay?
What are the right things and do we just listen to the masses and even when we move over to decentralization like
It can't just be like who owns the tokens, right or or because then those people can just dominate the conversation
like we've always thought of it as sort of a mix of
Different elements because people who are putting time in and it's a game if they're playing time in the game
They're really grinding like they should have a voice too, right?
Just because they can't afford other valuable assets. So I think
That's the ultimate answer to this because then you have a like and it's not easy
like but then you have a balanced community sort of
Trying to figure out what's best to move forward and voting on it in hopefully a fair structure
Well said my man well said and and I'm gonna throw this over to uh apps as well before we throw it over to
Shout for one more question
So i'm just gonna say this because I want to let everyone know kind of be respectful of everyone's time
We're gonna we're gonna wrap this up in about seven minutes. So just hang tight with us
We'll wrap it up exactly seven minutes a hard stop. Don't worry
Um, so let's start over to you my man. Uh, what are your thoughts here?
Yeah, I think that uh, i'm a really good question
And I think you know the fact that he mentioned that, you know, how do you cater towards the speculators versus, you know
The so quote unquote community, right? Um, I see I see community in like two parts
I see it as you know
There are two people that compose the community are the settlers and they are the speculators, right?
The settlers are people who essentially believe in the long term
Uh, or the midterm plan of the entire sort of product and then there are speculators who are just there for the
price action of the entire product itself
Um, and the entire point isn't too focused on the speculators the entire point is to sort of convert them
Sorry to not to focus on the speculators
But the actual point is to sort of convert these speculators into settlers, right?
Um, and so like when I see like the most prominent communities that are sort of, you know building at the moment
If it's that these settlers get, you know, they get to build the ip they get to be, you know
Parts of you know collaborations and whatnot and so if i'm a speculator and i'm just, you know
Waiting for price action to be there, you know, like like i'm thinking twice and three times
I'm like do I really want to sell this asset or do I really want to become a part of the community now?
Do I really want to integrate myself?
Um, so I think that's where the sort of fine edge is that you know
Well said well said, I mean jeez every I didn't realize everyone was a chef was a chef
Uh that we invited up on the speaker panel today. That's kind of wild. Uh, you know
I would have I would have came in here with an empty stomach. I mean, uh, if sanjay isn't filled up by now, um
He's picking up on topics i'll tell you that much, uh, which by the way, I hope you enjoyed your tacos
Or at least I hope you you got them before the space is about to end but um
In all seriousness guys, I think oh boy, that's that's not a good sign. Uh, but
We're we're we're gonna wrap this up shout out took his hand down. But shout I want you to do me favor
I want you to throw your question in the comment section because next week we have spaces with planet mojo, uh fireside chat
Questions are still left to be you know, um asked to them
So please for anyone that you feel like maybe we haven't touched on something today or there's a question you want asked
I 100 would love for you to throw those questions in the comment section of this particular space
I will come back to this and make sure we throw it into itinerary for next week again next friday 4 p.m
EST, uh as far as my knowledge right this very moment is that is when it's going to happen
Uh mike or mikey whichever one of you any closing remarks from you guys before we start wrapping this up
I I can chill if that's okay
Absolutely. I mean is it is your space? So yes
Well, I just want to say we have our a new season going uh live today
With with any luck and then our big mojo bowl tournament this weekend where there is a ten thousand dollar prize pool prize pool
So uh and whiteless spots and all kinds of goodies. So
Come and get it
Ten thousand dollars. Is that all is that all that's a joke by the way
That's a lot of money for your deejans out here who only look at it as an online currency
Uh, just like this is just magic internet money
Uh, but abs you got your hand up. Let's throw it over to you real quick
Yeah, I think I just heard if I heard correctly
Mojo said that there's a tournament that has ten thousand dollars prize money
I think if anyone here wants to win that you just have to go against sanjay one v one
Like he's just a noob like he can't play. So if you want to win ten thousand dollars, just call sanjay out right now
It's an automatic dub
I literally went through in my video. I'm not trying to show my video, but it is bad at all videos
So I will show it. I literally went through there. So I don't hear it, bro
Yeah, well all you got to do is sabotage his tacos if you are trying to get him to lose so
I don't know how anyone wants to intercept that
Let's go ahead and give that a shot
I don't know how you're gonna do that. Just slap it out of the door dash or you ubers east driver's hand like
No, he doesn't get his tacos
Sorry, I don't know what caused that laugh. I really apologize for anyone who wasn't expecting that
Anyway guys, uh, let's book
I hope you can bookmark the space because I think today was just a lot of notes to be taken here a lot of stuff
A lot to be said in general. Um, but what I will say is this just a reminder again
There's tournament that's currently happening and real quick mic if you don't mind
Where can they find this tournament just just for the average listener? Just oh, yeah, you can see i'm a really bad shiller
Yeah, no play.planet mojo.io
There'll hopefully be a new android version out too that people can grab if you're on android and just want to say
Thanks again for hosting and for everyone coming
Really enjoyed all the thoughts everyone said so thanks again
No, no and again, thank you to everyone who cooked us. Uh, seven course meals. I'm definitely uh, I hope everyone's full
I'm definitely full once again. Uh, but again, just a reminder
We have a spaces next friday. Oh my god, that's louder than I thought
I want to be able to talk a little bit. We have spaces next friday. Don't miss it
Uh, they'll be putting out the post make sure you look out for it until then
Have a fantastic weekend guys