Music Thank you. Thank you. Music hey hey i'm so bummed to stop the little music and i was gonna wait um until more people came
in but yeah I just I thought
while the space was small we could at least just meet each other and say hello congratulations
thank you so much I mean congratulations to you I should have asked for more money
I said that too we all should have but I'm I actually when I saw your project I felt like
oh I miscalculated like I fucked up up. Maybe, maybe that was too much. Cause I thought, um, yeah, that maybe you had the right idea that if
I didn't hit the goal, I wouldn't get anything. So like, maybe I should have broken it into
smaller milestones, but yeah, I couldn't believe it that, I mean, everybody, there's so much demand
and it felt so cool. I think I, you know, I think the thing is, it's like,
is really well put together
I just find it cool as shit
is it I don't know I I just find it cool as shit, but like, I just kind of,
I think it's super cool. It's Jarvis. It's literally Jarvis.
That's what I wish I had.
I totally wish that I could just like swipe things to the right when I'm done with them or like grab stuff and make it bigger.
You're definitely onto something. Yeah.
I just, I think we all should
have asked for more money is the lesson here well let's deliver on our milestones we'll do it again
it's such a cool program and pond is pretty great um oh yeah yeah i um i love. I love the team at Pond. And yeah, I'm super excited. Like I literally just, I like, I mean, the reason why I'm like building just kind of like being like oh fuck I hate this it's literally like just in the back of my head it's like gosh I just like
want to be able to like I don't know like zoom in and out and like kind of talk to the thing
and like have like a graph kind of like form and stuff like that yeah yeah yeah yeah yeah it's a lot to take in I'm sorry I'm so excited I have so much
to think about and I'm trying to also be like all right what should we talk about when we have a few
more people in the space and stuff um I guess so with your thing what do you think is like the
ultimate use case like what's your dream vision of what the product could be let's say in like a year or something oh i mean i so i think there's two tracks there's like the very personal
like why i'm really kind of building it and then there's like packaging it as like a developer
like toolkit that like people can go and take away and do data
visualization or use cases that might actually
make money. But the personal thing is I really
reflects how ideas are like kind of formed and like explored
um if that makes sense yeah yeah um because like i don't know i have i don't know if this is a
shitty metaphor or not but i have this like kind of metaphor of like the life of an idea and like
from like the ages of like zero to five
the tools are like pretty good like i don't know it's like the notes app and like a voice memo or
whatever where like you're just trying to recall that like initial moment when you had the idea
and then from like maybe like 18 to like 70 like the tools are pretty good where it's like i don't
know figma or like a dev environment or something like that. But like adolescence, like that, like five-year-old to like puberty kind of range,
the tools really fucking suck because they force you to like make the idea like too like legible
or like before like it's kind of ready.
And then you like, you put it down and then you're
like oh that sounds really fucking like stupid let me just give up on this when in actuality
it's like you just kind of need it to like marinate for a bit like you know sometimes
sometimes i have some stupid fucking ideas but like you're not this isn't one of them this is
really interesting and i um another project i'm working on that I found is called Dragon Academy. And I've run into that same problem with education of like, to even get to the point of like understanding crypto, you've got to be, you've got to know a lot, you know, who's like who has a lot of the missing background
that they would need to understand just financial stuff um crypto stuff was like this has been
difficult this has been hard to not make it super like oversimplified and mawkish and and getting
people into trouble of just like beating the drum of decentralization and it's great and um i've
tried to go really middle of the road with it. But that's so interesting that, yeah, there's nothing for like, even as a metaphor, not necessarily a literal like eight year old or seven year old child, but them too, literally.
Like there's no actual way to teach complicated topics.
And we're sort of figuring that out with the public education system right now is like, yeah, it's hard.
It's hard to teach kids math it's hard
to teach them to read it's hard to teach like beforehand there was a lot of stuff um you know
people generally did okay but it's just hard right now for whatever reason for people to learn
and i think tools like what you're using are are critical but boy that's beyond me that's so cool
like how you map that together um thank you thank you i. I mean, I think it's like, I don't know, at least for me, it's like,
it came from like a very like personal kind of like,
like pain of kind of like, I don't know, you know, like, it's almost like when you like,
you wake up from like a dream. And like, it was like a very like, kind of full like experience. But like, if you actually
tried to explain the dream to another person, it would sound insane, or like, completely
incomprehensible. That's kind of that's like when an idea is like developing. It's like,
the act of like making someone like write it down or like explain it to
will kill it because it's like,
it makes you feel like kind of stupid.
it's just the other person's reactions is going to be like,
you guys don't let it kind of sit,
we got pond in here. We got Nova. we got a few of the holders i'm sure
you know if they are with uh cryptic they're probably with and remind me is it replify
refinery what is it called it's it's refinery yeah refinery okay do you have in your bar anywhere i
could like pin it so people could talk about i'm gonna pin cryptic so we can kind of yeah let's go
we got a few people in here. We got some palm people in.
And I thought this would just be a good opportunity to just talk about everything that happened,
talk about our experience.
And I don't know, just sort of chat and meet.
Like, this is such a cool new narrative of internet capital markets.
Like, what does that mean?
What's it going to look like?
I, like, I haven't even gotten around.
I was going to, like, I'm in the middle of making a website today, and I should make a separate, like, Twitter.
Just your – I mean, do you have your link to your video?
Just something to where if somebody is tuning into this the space they could see really fast what your project is
i i can send you um pond um posted the the video oh yeah yeah yeah that's perfect we can pin that
up there in fact i bet they did one for me too i'm so silly see how helpful they are perfect
example to say okay what is pond it's it's helping it's support it's a means to fundraise it's a way to get kind of some expertise from people who have done it before
it's nice um oh yeah i think it was it's a very i don't know i like i like the whole team a lot
i think that they were also like very like i don't have a lot of familiarity with crypto so like
yeah yeah oh hey you're perfect then we can i'll uh onboard you with dragon academy i'll teach you Like, I don't have a lot of familiarity with crypto. So, like. Yeah, yeah. Oh, hey.
I'll onboard you with Dragon Academy.
Someone, I think, in the group chat was saying that earlier.
But the video, I think, of you.
Maybe it's you winning the hackathon or something.
Maybe it's on your POM page.
Oh, it's in the same thread.
I think it's in the same thread. Yeah, that was wild that was so cool to me and i thought okay this guy's got something that's pretty neat um yeah i i love um i love all the like all the experiments with like
like media pipe and like the hand gestures and stuff that like I see on Twitter and stuff like that I really like just wanted to I don't know I like it's very finicky actually like actually
I'm like working on like okay like how do you do kind of like like a quick kind of like is there
like a 30 second like diagnostic that you can do where you like pinch or whatever and like the accuracy like
comes up it's but um it's cool as shit that's it is really cool maybe feel something you know
that is important you know that's super important um i wanted to figure out a way to stream on this
i think i can do it maybe from desktop,
but I can only figure out how to like turn my camera on. I wanted to show my screen and do
a little bit of a demo or at least show some cryptic stuff. But I am not sure how. I've never
done that before. Because I have a demo. I have a pretty good demo. But I want to just make sure
that some of the stuff there is secure and tight and there's no edge cases that I didn't think of.
But I don't know how to do that. Do you know how to do that? Excuse me, Kitty.
On a space, can you share... I don't think you can share, like, a screen.
I thought I've seen people do it. Maybe it's a different
feature. Or maybe it's like a different
thing where you can like pull up
Yeah. So if I just stream on Twitch
and just mute myself on Twitch, I can just link
to that video and the link can be up
here. But like when I see people go and they have that little pink, their purple spaces thing changes
to pink and it says live and then I can see their screen. Yeah, I don't know. Okay. While we do that,
maybe I should put on music or something, but I want to make sure. I was really confused. There was elevator music when I first...
Just so it's not awkward to be sitting there while the first few people come in.
I can stream on Twitch and just link it so people who want to watch can watch,
but let me get this cleaned up here.
Does anybody else want to come up and ask a question or something?
Talk about anything you want.
Community incentives, pond, cryptic.
I'll give you advice unsolicited if you want.
Refinery. Oh, we got a winner. We got to take her.
Okay. I had a speaker. Oh, another one.
I had a speaker. Hey, guys.
How are we feeling? Bullish? Bearish? Happy?
Hey, guys. can you hear me?
Hey, just had a question for Will. I just wanted to ask, I saw a video of you explaining a product.
What actually does the product do?
It's like the product that I'm building specifically is like, um, kind of, it's like
a 3d kind of exploration, like kind of tool where you can like explore kind of ideas and
like kind of connections between things and like leave things very, leave like kind of
kind of ideas very ambiguous as they kind of like congeal and like develop um and then like
ideas very ambiguous as they kind of like congeal and like develop.
this the real kind of key part of it is that like it's it's going to be packaged as like a software
development kit so like a developer can you know build whatever the hell they want with it yeah
which i'm kind of excited to see what people come up with actually
that's very cool and and are you planning a token launch for it or how's that gonna work
um oh oh gosh i'm completely the wrong person to ask about this um i can help you i can help you if you want help um will is our he we're onboarding him kind of to the crypto part but yes there we just had a token
launch and it's kind of an internet capital markets or an incubation um i believe it's
called there's called markets on pawn's website but that was today and that actually sold out in
like eight minutes i think our our sales are are finished so this is sort of just like a meet and
greet for our holders but they do go live on secondary in two days, 10 hours, 40 minutes, 20 seconds.
So, yeah, check out Pond. See what Pond is. See if you think that that's a good fit for you and why you buy tokens.
Our products are different from our tokens, obviously, but the token is like that's a fun part of crypto that I actually can't wait to show Will about.
of crypto that I actually can't wait to show Will about. But really just it's all coins,
all coins, no matter what, are speculative. We hope that they track value. We want them to track
value. There's lots of legal rigmarole of if they track value or not. But at the end of the day,
it's about if you believe in the product itself. Like if you believe in what's underlying,
go play with the coin. If you're just a trader and you think that this is an arbitrage or you
can trade this coin, trade the coin. But if you believe in the product then like yeah you should
believe in the product and that's what the people did today they we had almost all of us had way
more um than we had asked for of people that said yes i want to see this exist and that funds now
three teams three groups of people who were selected by Pond to have not only funding from the community here, but help from Pond.
So if you're bullish, if you believe, that's what the token's for.
Cool. And how do I buy the token? Because I'm a Solana native. I don't really use any other chain.
What chain are you guys based on?
Cool, yeah, sorry, I just wanted to jump in.
And yeah, so yeah, we're on base.
Today was like our first foray into this, you know, markets product that we launched.
Prior to this, we were mostly doing like ML competitions, but we saw a lot of like really
cool use cases and, you know, foundations coming to us wanting to sponsor and solve
like different types of like ML problems.
Like we worked with the Ethereum Foundation, we worked with Gitcoin, Base, PumpFun,
But yeah, you know, we saw this opportunity here to help early stage founders
that are sort of in this in-between
that maybe they're not quite ready for VC,
but if they just raise it a little bit,
they can go sprint at this cool problem.
And so we wanted to create this environment
where there's this proposal phase.
So we had Cryptic, Will, and OmniX.
OmniX, he said he's on like a 12-hour drive today, so he's not here.
But yeah, we wanted to have the teams post their proposals, get community feedback on it.
And then, yeah, there's a three-day period of that.
And then we host an auction.
Yeah, right now, we're starting on base.
We can expand to more chains as we see demand for
that. But yeah, and so there were definitely some hiccups, like the site was overloaded a little bit
as any new product launch goes. And yeah, I mean, in the future, we're taking in all the notes,
like, yes, maybe once the auction completes, we can automatically migrate the liquidity to a DEX.
But yeah, we're listening to you guys, and thank you guys all.
Cryptic, Will, all the participants in the auction.
Yeah, I'm here to listen to your feedback and answer any questions for a little bit.
It's kind of late here, so I'm not going to stay super, super long.
But yeah, I just wanted to introduce myself and help answer some questions
would you guys have a bridge to solano potentially um i mean you know we're very early so like if if if there's demand for that um we can definitely we can definitely do it um but right
now we're mostly focused on how can we best support our builders and best support the
people that participate in these auctions. So yeah, I mean, if we decide that, if we see it,
there's a lot more demand on Solana and it's, you know, pools fill up quicker that way, you know,
we, you know, we're not gonna not do it. So yeah, I mean, everything's on the table, but right now
on the immediate roadmap, it's just, you know, getting this product ironclad and making sure that, you know, there's no downtime issues, you know,
it's a good experience for both the builders and the auction participants.
And then, yeah, next up, you know, we're leaning, we're really leaning into hackathons.
That's how we found Will, which is super cool.
And, you know, I think hackathons are a great place to find early builders.
And what we really want to do is like helps find them and say, Hey, like, this
is a cool idea that you're working on and give them the opportunity to like
engage with our community, get feedback and then go, go launch.
Um, so yeah, that's, that's really the goal, but yeah, Solana like definitely.
I mean, probably not like tomorrow, but you know, we're definitely
thinking about it for sure.
Yeah. Cause I really liked Will's product and I was thinking maybe I could bring him over to
believe and, uh, get a launch on there. But I, then I saw you guys had already launched tokens.
So, um, so yeah, it's all good. But, um, yeah, I, Ben Pasternak has been doing a lot of cool stuff,
um, for the ICM meta as well. Have you been keeping up with that?
Yeah. Yeah, for sure. we've definitely kept an eye on
you know all different sorts of launch pads like obviously pump is like the dominant player in the
space and you know probably will continue to be for a while i think believe is super cool
planker i think is really cool too uh virtuals obviously is huge um but yeah i mean i think the
one thing that they're kind of missing is you know know, for builders, a lot of times you don't want to, I think the incentives could be a little bit better, which is why we're going with this product where there's more of like cash upfront for the builders themselves.
They can actually go and build the thing with that cash.
And then they actually, the team doesn't even get any tokens until they launch the MVP and the price increases, you know, according
So it's more of like an aligned incentives for both builders and holders instead of just
trying to, you know, get fees from the LP pool, which is like not really controllable,
The builders like, you know, Will is brand new to crypto and we want more people like
that, right? Where we can leverage the power of internet capital markets without, like, you know, trying to explain, like, oh, this is an LP pool.
Like, no, you can just come here, you can have an auction, raise some money, and then you get, you know, basically bonuses along the way if the token price increases according to the schedule.
increases according to the schedule.
I was going to pass it to you.
It's a really cool model.
And I think especially as we experiment with these new things of like
utility and coins in general and kind of the crypto use case,
things like this are a huge use case and they're the difference,
like of really supporting builders and supporting apps and capturing people
or like, especially people who aren't crypto native, you know,
capturing people from outside of our area and bringing them in is like,
it's going to require funding. It's going to require purpose.
It's going to require support because, going to require purpose it's going to require support because you know they're incubating builders and i think right now that seems to be
a really good strategy for a lot of different players um as you see you know we've got to
believe solana guy here who i noticed did not want cryptic on solana i'll remember that forever
but i'm an eth maxi anyway it's okay i'm so to be on base. I'm so happy that we're doing it this way because it's good distribution. It just is. I have always kind of reeled against meme
coins. I haven't liked it, but I think how Pond is doing things is correct. I love the model from
CZ. I know, I know. They're fun to trade, but why does it need a token kind of thing? But I think,
okay, let's figure that out. And right now why it needs a token is it attracts funding and for better or worse that's the case so what are we going to do with that
now that that's not a regulatory nightmare what do you do with it do you just do farts do you do
like boobs do you do all the stuff that like okay what do you do long term what do you do that's not
just a hat or not just like kind of a cool meme thing or funny. I think the next step is like
businesses. Yeah, cool. Do you believe in the business? And we're at least getting closer and
closer to what these things should be. That's a new method. Yeah, that's exactly what we're
trying to do. We figured that there's probably some in between here. And we're, you know,
we've got the team. So why not go build it? Right. And see if we can find people that are interested.
And yeah. So, you know, we're happy to have you, all of you guys.
And yeah, I mean, I don't know if anyone else has any questions.
I don't know if anyone, I don't know, cryptic,
I don't know if you want to bring someone up or whatever,
but I'm happy to answer and chat more.
Yeah. If anybody wants to come up at all,
I don't know if we've got any people that have any more questions,
but if anybody has questions, if not, I have a couple questions, I think.
I have another question, if I may.
How do the creators, like, what's the, how are the creators,
like, Will, for example, making profit from their coin or from the launch?
So, so we have, we have an auction, right.
And it's like a descending price auction where it starts at, I think for
Will's case, his goal was to raise a 10 K and then, uh, but there was like,
you know, that's the floor that he could, he could, he could raise.
And so, uh, the, the max that he could raise. And so the max that he could raise is 20,
but we add in like an extra 50% to raise
to go to the liquidity pool.
So in Will's case, there's 30K total in the auction,
20K goes to him in stable coins
to go fund what he wants to build,
like pay for some infrastructure, pay for some APIs,
maybe pay a person, whatever. And then, yeah, 10K goes to the liquidity pool.
And then, yeah, we deposit some tokens there too. And then, yeah, once the auction concludes,
and it'll settle on Monday morning, Eastern time, and all the holders will get their tokens, it'll open up at the same market cap that it settled at.
And then, yeah, it'll just be on Uniswap.
And that's, yeah, that's, you know, as the price increases, like, you know, CZ's model that our founders are really fond of.
Basically, there's incentives for the creators as the token price goes up.
So I think the first tranche
is like after two months after the mvp launch um yeah it has to be two conditions or three conditions
i guess for the first one which is mvp launched two months have passed since the auction and there
was a 5x increase from the opening market cap um and then he'll get you know will get two and a
half percent of the tokens that he's allocated if all those conditions are met.
And then the next tranche is like another 3x from there and another two months.
And then, you know, the schedule is detailed in our docs.
I can't really, I don't think I can share any links right now.
But yeah, it's just docs.cryptopond.xyz.
And yeah, check out like the token generation and auction section.
And yeah, there's a few pages around there.
And yeah, you know, I know that docs don't answer like fully, like every single facet right now.
And, you know, I'm working on going on updating that.
But it's been a busy week.
Tried to get in as much as we could.
But yeah, that's ultimately what it is where, you know, funds are auctioned or tokens are auctioned um most of the proceeds go to the creator
and then a third of it goes to the lp and then it goes to a dex very cool
all right i'm working on getting the stream up right now i'm just getting everything like i'm
Because a big part of this, too, is every time I test this, I test it with my data.
And I embarrass myself when I'm showing it.
And it's like I decrypt the context.
And everyone, I can tell, is reading as fast as they can.
Because that's what I would do.
So I want to make a fresh thing.
But I think I deleted my test for Privy.
So there'd be spaces for people to demo.
But anyway, if anybody else has questions, I need like three or four more minutes.
Sorry, I was very lost there for a second.
There's a lot of terminology I did not understand.
You got to take her Dragon Academy.
It's coming, Will. Hang on.
Yeah, you got to enroll in Dragon Academy.
You do have to enroll. This is a hard thing. There's so much stuff. I come from marketing, my background in that.
And so trying to make like approachable content is like, do you know how many keywords this person already has to know to understand this?
It is perfect for an agent I mean somebody come on come on guys we all got crypto people here someone explain to him like community like
permissionless funding like what we're doing here decentralization all that kind of stuff
I'm trying to set up my privy I mean community we're doing it right now right hosting twitter
spaces or being active in Telegram or Discord.
That's a huge part of it.
So, yeah, I mean, I know there's a lot of improvements we can make on our platform
to make it so that the question section is maybe a little bit more enticing.
Maybe we can add points to that too.
But, yeah, even just like email notifications for when someone posts on your page.
A lot of things that we kind of, you know, it's an MVP.
And I always say you should be like just a little bit embarrassed of your MVP.
Otherwise, you didn't ship it fast enough.
And so here I am being a little bit embarrassed.
But yeah, I mean, most importantly is the community.
And so doing spaces like this, just engaging with people that are, you know,
your earliest backers is super, super important.
Will, if you do have any questions about like liquidity pools
or like what is Uniswap or a DEX,
you know, I'm happy to do that for you.
really what you need to know is that, you know, we have this auction platform. We create a token for you. But I mean, ultimately, really what you need to know is that, you know, we have this
auction platform, we create a token for you, give you some USDC, some stable coins, and then,
yeah, allow people to trade it. And, you know, if your project is, you know, goes viral, like,
hopefully that token, you know, reflects the community that backs you. And so, yeah, that's really the goal here is just to create mutually aligned incentives between builders and holders.
I mean, I think I understand the general kind of structure.
It's just the lack of familiarity with certain key terms and just, okay, what are the market dynamics actually like in a day-to-day or week-to-week basis kind of thing?
And I guess the answer to that is it depends.
Yeah, it depends on so much.
That's the speculative part.
What happens with it? We don't know we'll see how's the stream going uh it's going super well i'm sorry so i wanted to log into my queen
wartooth account so there's i think right now everything should work well and we should be
good to go and i'm excited for that so i'm almost
there but it's just okay so obviously i have to be super careful not to expose any keys anything
like that and then i have to make sure that like all right what about my data my name yeah make
sure nobody texts me in the middle of it like i'm sorry we have a few things to do
yeah i definitely didn't again like i was so shocked when we raised the money
so quickly and I'm so shocked that like people show up to our space. The markets have been so
dead this summer that I just, I thought it would take longer. I thought I would need to ask for
less and just, man, people were right there. Yeah. I mean, I was pretty shocked that I thought it was going to be a longer auction.
Yeah, so did I. I thought it'd be all weekend.
Yeah, there's a lot more traffic on the site than we were used to.
And yeah, it was definitely a scramble this morning for everyone.
everyone. But yeah, I'm happy it ended up being successful.
But yeah, I'm happy it ended up successful.
it's kind of a nice problem to have.
To have to deal with so much demand that it causes problems for your site.
That'll be your site soon, hugged it to the-
That'll be your site soon, don't worry.
I have to build the website first, but yeah.
Alright, so I have everything set and Pond sent me a link for how to go live on X.
I think I can do it for my clean more tooth one.
I'll keep you guys on my phone.
Will, how long did it take you to build the product? I mean, like, the original hackathon demo was, I don't know how many hours it actually was, but it was within, like, 48 hours.
And then, like, I've been working on this particular project for a few weeks now, like two, three weeks now.
So I don't know if that answers your question, Shark.
It was crazy how many great things came out of that hackathon.
Like yours was obviously amazing um at like irl ad
blocker i thought was super cool too that was great yeah i love that hackathon i love that
office i would live there um i
yeah honestly genuinely really great event also like i'd never been to a hackathon before, so I was like...
Yeah, that shocks me actually.
I love pulling a good all-nighter
before a group project is due.
I don't know, it just had the same kind of vibe.
I couldn't figure out the Twitter one.
I don't have the option for it on my Queen Warchief one,
so I'm just going on Twitch,
but that means I have to go through OBS and all this shit. I could
just link the demo and we could talk about it.
Honestly, I'm just so afraid to do that right now.
it out. It's with Claude. It's in
deployment. It looks good.
Maybe it's a sign. Should I just post the link
to the demo and we can just talk about it in here?
You guys better not hack me.
Alright, I'm gonna post it.
I'm gonna post it to my feed.
We're gonna let people try it out.
I hope everything was good with it.
So it's crypticdemo.versal.app.
Oh. So it's crypticdemo.versal.app. I'm going to post the link. It's a queue, by the way, like crypt IQ cryptic demo.
Then I'll put it to the space.
.versal.com? .app. dot vercel dot vercel dot vercel dot com
and I come on up if you're a speaker
and if you see any glaring security holes
it's gone through Bill Shee who is
super smart and that made me feel good it's gone through Claude 4.0 it's gone through Codex from
ChatGPT it's gone through ChatGPT and cursor like I've had every computer look at this um but yeah
this is my first time to build something and try to ship it and make it secure and not leak everyone's data.
And make genuinely useful tools,
which right now, like the OpenAI API is finicky.
Like the prompt for this thing
and all these things is the hard part, right?
Getting the prompt right and getting the agent to act right.
But try it out, try at least to generate context tools
If you guys try it out, I'm still going to try and stream.
so prippy is like a login system that lets you link wallets and let users upload their wallet
and log in with their wallet and a wallet is where you store cryptocurrency
oh okay it's like a it's like plaid for crypto exactly exactly it's really nice um we used it
at blackbird we were like one of their first customers.
And yeah, they can do auth too. So like, you know, your wallet can be your login and it doesn't even
have to feel like a wallet. It could just be phone number auth, it could be email,
verification code to your email, it could be Twitter. I think they have like a million
different auth methods now. I think you can even like log in with tiktok or something and
create a wallet which is pretty cool oh interesting i i remember just like were they
acquired recently i remember they were like yeah like this week they got bought by stripe which is
kudos to that they deserve it that team is there's yeah i wrote a whole thread about them and like
how they came to our office trying to like you know hack our nfc chips and stuff like that but
you know they really cared about our product and yeah i mean um henry is awesome max i know for a
long time um yeah the team deserves all the credit in the world. Like, they're just, they're killers.
They just really care about their customers, and they built, they made it super easy for anyone to turn their app into a crypto app.
And they're so nice, like, so freaking nice.
That team is insane at BD.
Well, I'm happy they got their exit.
I hope they got a nice package. I hope they got a nice video.
I hope they just keep growing. This is really how we do adoption. I'm so disappointed. Okay,
so I'm trying to change this from my old... Usually when I stream, it's Planet Zoo. So
it still says Planet Zoo. It's still not showing my screen. Is anybody else
playing with the demo and has any feedback? Yeah, I have a question actually. So it lands me on
manual entry. I don't know. Coming here, I don't know exactly what am I supposed to do. And so
yeah, okay, good feedback. But yeah, I mean, mean what so like i don't know maybe like
an onboarding quiz like this generate context i think it's pretty good um or maybe even just
make it more of like one question at a time and just like you can answer it or skip it or something
just so we can like learn about you um, onboarding is, I don't know.
Yeah, actually, you know what would be cool is basically,
I think if you came in and then it was almost
like a Tinder swipe kind of interface,
where it's like each card had a question or whatever,
and then you could press,
what would be cool is if i could just press the
record button and like kind of dictate an answer to it or like kind of swipe left on it and then
100 and i i love where y'all said that because yes and the final version of this is literally
just the encryption like kind of the meat of like i can make a tool and i can make the encryption
service and like before anywhere gets anywhere with how creative or good we can make it, like that was what I wanted to do
for the MVP. And yes, I have so much cool stuff that my idea for this is for this to kind of just
be the boring businessy report part, but for the tools to be where it shines, which absolutely
you're building your context while you play with like experiences like mirror
mirror and you're answering yeah fast tinder versions of questions you have dictation um
the generate context stuff is literally kind of just to show how to get behavioral um insights
from just answering little simple questions and stuff because they're pretty tough if you answer
them um i'm trying to get more
like incentive to fill those out because like the context i actually need for the tools to work cool
is specific and like it's also how i chunk things so if i have about me like there's sometimes where
tools will only call that one or only call house or health and that way we limit the context window
of what it's having to remember but it can still act as like essentially a personal assistant with all these apps working together, but each with its just little part.
But for each of those to work, you know, we need a baseline amount of data.
So that's what this generate context is for is to kind of get that baseline.
Yeah, for sure. I think it's definitely like, I think it's, it's something that requires some work up front to get it to kind of fulfill its kind of promise. And I guess it's just usually like, as long as you make it like as like that are early adopters to this genuinely care about
i don't know keeping their memories kind of separate from whatever kind of product they
happen to be using and like that they will kind of go through it and like get started you know
yeah that's a great product market fit of crypto because like the expectation for privacy and ownership is just table stakes and crypto.
And that's something that when I started to use these products where I thought like, well, hang on a second, like this data is actually really valuable that they're getting.
And this is very soon going to be the moat between all these AI products as they hit like an upper limit is how much can it remember? What does it know about you? And like, how comfortable are you with really
sharing with it? And I think if I can make those experiences fun, easy, fast, dopaminergic is my
favorite, like for the iOS app part, man, I'm so excited for that. Like I want it to feel good to
discover context and have that be shareable and have those magic moments with AI first before you ever even learn about a memory layer or God forbid the crypto part.
Like that's for you guys.
That's for the very early who understand why it's so powerful that you can encrypt this data with a private signature for a wallet.
for a wallet. Like not even I, not even cryptic could decrypt your data. And that's not true as
Like not even I, not even Cryptic could decrypt your data.
far as I know without using a wallet because everything else that uses like, um, I don't know,
a username and email password combo, or even like, you know, your phone number and you sign
in with a code, all of that is still stored in a database somewhere. So if they get hacked,
if there's even one unethical
employee, if anything happens, your data is just theirs now. And as it stands, your data is theirs
now anyway. They're just kind of open with it. So having it be tied to a wallet and having something
as easy as privy where people don't really have to understand crypto to benefit from this, to get it
of like, I own my data and it's private and it's, you know, I can do things with it.
That I think will sell them on crypto.
So I want to go tool first, then the, like the cool AI part and then the encryption part
But, you know, for fundraising, I think this was the meat of what I needed to show people
was like, I have a use case for encryption and smart tools, cryptic.
Oh, yeah. I mean, I think that, I think honestly, like kind of, once you kind of figure out that
initial, well, just so long as you make sure it's airtight first, I think like UI and like, okay, like how do I onboard people?
And like, that's kind of the fun part, honestly.
Or at least for me, that's kind of the fun part.
I'm so excited for that part.
But yeah, I wanted to make sure that like, okay, really though, like this is not just, okay, fine.
You get hacked and you lose money.
People understand I get hacked and everybody's secrets are out there.
Like, Ooh, so I've been so, so careful to not release something, but to the best of
my ability, I can say that I've done due diligence and, and have worked as hard as I could to
make this function correctly.
And I hope that we find out right now if I have it and they say,
you idiot, you've done X, Y, Z.
But so far, you know, seems to hold water.
She's getting late for me.
Yeah, I was going to say.
I'm going to say goodnight.
But yeah, it was good hanging with you guys.
Well, thank you guys for coming and
will thank you for coming it was super fun nomad thanks for hanging out and listening nomad's a
queen supporter he's always so sweet to me um but yeah i'm super bullish i'm bullish on everybody's
projects i'm bullish on pond i'm bullish on cryptic bullish on dragons i'm just excited for
all this and thank you guys thank you for all the excited for all this and thank you guys. Thank you for all the support.
Thank you so much for hosting. Oh my god.
We're losing you a little bit, I think.
You're kind of far away. Oh, can you hear me?
Okay. I'm just saying that I'm going to go to bed as well, but I was like,
I don't know. I guess I like have to kind of talk to the people that bought into my coin and the project and like understand like I don't know
what specific thing they're kind of interested in or like what about what I'm
working on kind of resonates and like I was kind of just wondering like do either of you have any ideas for like how to like reward or like not necessarily reward but
just kind of like offer things to like the initial group of people that like
is valuable and like helps move a project forward and so. I don't know. Do you guys get what I'm
getting at? It's just me and you, but yeah, a hundred percent. And, uh, it's good that the
space is small now because like, this is tricky that what they want is for the number to go up,
but you have very little control over that without resorting to some marketing. But this is new. So we don't really know what's going to
make the coin go up besides you yourself and be careful, but you yourself can drive value back to
this coin. Do not say or come out and say, I will give you money if you buy this coin. That is not
okay. You know, and it's not really going to help you as much as you think it will. That's the only
part I think it's sort of dicey if you're just like well everybody who buys my
coin can have a little bit of the profit like they're gonna go whoa whoa hang on but if you
look at like kickstarter if you wanted to do something like that or up uh everybody who holds
i don't know like at what was the exchange rate 2500 of my token for a dollar. If I made, you know, something that
cost $10 on my site in USDC, like a premium subscription, if I made that cost tick and I'm
willing to take tick on as a token, that's a good way to reward people without just promising like,
oh, I'll give you money, you know, like you can use my thing if you hold enough of the token.
But even that, like you don't want to obligate yourself to have to purchase a token that is ultimately speculative like a stock is like just because
you're bullish on best buy or something doesn't necessarily mean you're bullish on the best buy
stock and i you can't don't say to anybody your token phone there's eight people in the space but
your token is not a stock right right? That's super important.
But people are going to want it to be like a stock would work in their head. Like if you are a good company, if you make money, I should make money on your token. It's not quite as black and white
as that. So be careful telling people any good thing they can have if they hold your token.
Unless it's just something you're comfortable giving away and paying for like t-shirts or an
experience but mostly what people expect of you is just build your product super cool like if
anything think of it like pond has funded you let them worry about the token part oh i mean yeah i
mean i like i wasn't even kind of really thinking about like it yeah it was more like experiences or kind of like um i don't know like maybe kind of voting
on specific aspects of things and like maybe playing around with like i don't know it's it
this is all very like kind of like new to me so like yeah i'm just kind of interested in like
okay like what what what could you actually kind of do with the token and how could you kind of
structure it in a way that like, yes,
also like incentivizes like the appreciation of the value of it,
but does so in a way that like, I don't know what I really want.
there are going to be people who are speculating or who are like, okay, I'm actually not that interested and I'm going to sell now, whatever.
But ultimately, from what I understand, people will hold if they're invested in the project and believe that the it will, the token itself will reflect that and like increase in value in the future.
So kind of till they need money or the market goes down real hard or.
barring any like life situation.
Or like kind of greater external kind of factor, but like,
um, yeah, just kind of, how do you incentivize people to feel like they have a stake in the
project? I don't know. It's just a question and I'm really, really skilled.
It's like asking how to make money or something it's like we're all trying to
figure that out and i think i have an idea of like offering data hardening with my token i thought
would be cool or basically like if you were to hold enough of our token let's say hold in stake
and stake just basically means you're sort of agreeing not to sell it you you lock it up you
can always unlock it for some people sometimes they'll say like okay if you lock it for one year
you can have free whatever or you can earn four percent interest or something you can do all kinds
of stuff with that but i would just say be careful on all those things like use chat gpt the the
regulation has never been like freer right now.
But that doesn't mean they're not going to come look for people who don't know better who are going to say like, well, that's easy.
Anybody who buys my token, 25% of the revenue goes to them.
That's the one thing you cannot do.
Everything else is fair game pretty much.
And then it's just up to your creativity.
Like that's kind of the joy of crypto. It experiments yeah i know i know yeah it's not equity i know that i just want
to make sure you know so that you don't like i know because that's where i started i'm aware of
that like please don't say that that's the best advice i could give you. It is not equity. I know that. I literally got into like, not an argument, but like a discussion, a heated discussion about another friend of mine about tokenomics of like, why can't I just say it works like a stock or it works like a stock ought to?
And who cares about regulation?
Like if you buy it and you think you believe in the company, it goes up.
And every once in a while, I'll distribute revenue.
And who cares if it's not the time to do, you um whatever dividends and that's for late stage companies like this is
crypto we do airdrops well but the sec might yeah yeah yeah so there's we're definitely getting
clearer signs and more stuff but there are just like one to two things you cannot do and that's
one of them so i looked at kickstarter see like, how is this any different?
And they promise like the product, which is what we're doing.
Or it's like, yeah, special access to tools.
You get them free or you get access to our whatever, our cool party, our community, our, you know, POMS community.
POMS community is actually extremely bullish.
You know, that is an actual piece of value is the community oh yeah um i mean i i don't know i was kind of i was i guess i was thinking for like more like like the way that credit card points
are or like like disney bucks or something like that. Like there's some abstraction.
How's that not a security?
Tokens are interesting and new and fun,
I think that the difference is just rights to,
I think the key thing for security is, it is like it's rights to like some profit stream.
That's like the key difference.
It's not like you get a percentage of Kohl's profit.
You're just getting like $15 if you spend $50, which is like what yields people have done, you know, is lock your money up with us.
They're going to invest. They're going to do whatever they want
with it, but lock your money up with us by holding
will give you yield, or we will
I don't know, whatever they're offering.
So that whatever is, like, completely up to
you. And there's been hundreds of
experiments of why to hold a token
and why you need a token and governance tokens
Ooh, voting. Mm-hmm, like you were talking about and governance tokens for voting. Ooh, voting?
Mm-hmm, like you were talking about earlier.
Oh, yeah, I meant like voting, how many tokens you have.
Okay, that's a lot to think about.
Yeah, it's really cool. You should look at governance tokens.
Okay, I'm going to jump down this Wikipedia rabbit hole and then go to bet.
Do it! I'm so excited. Happy to have you in crypto. You're going to jump down this Wikipedia rabbit hole and then go to bed. Do it. I'm so excited to have happy to have you in crypto.