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RAC FM🦝Chatting with $INDIKIN on Pulsechain | 5th Gen Movie industry
Recorded: June 19, 2025 Duration: 0:57:40Space Recording
Short Summary
Indican is launching as a pioneering project on Pulse Chain, focusing on supporting independent filmmakers through innovative funding models and partnerships. The project will introduce the G'day token, establish a filmmaker fund, and explore revenue-sharing opportunities, reflecting a significant trend in the intersection of crypto and media.
Full Transcription
Thank you. here we go here we go we've got the guys in all right there dude we'll just retweet it out we'll
get some dms out so we'll we'll build up the room for a couple of seconds you know before we have a
crack i'll get you a mic obviously as we do But yeah, we'll just give it like about two minutes to try and build up the room while I get you a mic.
And I'll DM a couple of people, bro.
Okay?
I'll be with you in a second, brother. Thank you. All right, guys, I'm not sure if your man's got technical difficulties, but yeah, we'll just try to wait for the room to build up a little bit.
We're a little bit early for our normal sort of weekday audience, but that makes no difference to us, obviously.
We're here for the interview. Yes man, just grab the mic bro when you can, give us a shout when you're in, yeah, and we'll you in the room, yeah?
Good morning G, are you in the room, yeah?
You alright?
I'm not bad, mate. I'm not bad, mate. Let me get this microphone in quickly now I can
hear you. Alright? Give us one second.
Hold on. No worries.
Mate, was that a beautiful Australian accent I heard there or there or what well that's exactly right mate oh dude i spent two years of my life down in osman i have traveled
the whole of ours like i absolutely love the place man it's insane such a good well i don't
know about now but it used to be like uh 17 18 years ago it used to be like just one of the most banging places on planet earth man
oh mate yeah a lot has changed over the years uh i haven't i haven't actually lived back there for
a while now i put put back now again to visit mates but i live in euro land these days
fucking aussie's hell expensive hey these. Can't find fucking anywhere to live.
Yeah, me.
Yeah, me. I thought when I saw the time zone, I was thinking, like, this is
way too early for America, and
I'm thinking, like, it's got to be
Europe time, probably.
Do you know what I mean?
Yeah, no, I love Europe.
It's fucking
just all the different cultures.
It's an absolute fucking absolute wonder especially in the
summertime hey i really really enjoy it here but i miss miss my fellow australians they're a little
like less uptight europeans can really be somewhat uptight especially you know down down south you
would think it would be more of a up north trade but it's uh yeah no there's just there's enough of them down
here as well i'm actually in in italy so oh lovely hot italian lovely i yeah when i was backpacking
when i was backpacking actually i was backpacking with some sicilian kids and these are the coolest
kids i have ever hung around with in my life, mate. Like, dude, we were cooking, like, ridiculous food every night.
Like, these boys know how to live, do you know what I mean, down south, yeah?
Oh, they do, mate.
They do.
But I tell you what, it's fucking hot down here as well.
Most of them go to sleep in the daytime, have a bit of a siesta, you know?
So you lose the afternoon to the heat.
But the nighttime, fucking hell, does it come alive.
Yeah, it's a totally different lifestyle that I'm used to, to be honest.
Well, mate, I'm based in Thailand, so you can imagine what it's like.
I'm in Bangkok, mate, bro.
Like, we're just roasting, like, we've only got three seasons here.
We've got hot, hotter and hottest. That's it
We are peak or summer now
Brian from alpha growth came over you the day when he's on holiday with his kids
But I took a mouth for dinner and he was like dude. How long does it take that were climatized? I was like 13 years
He's like how long have you climatized I was like 13 years he's like how long have you been
here I was like 17 years now that makes perfect sense I mean what I'll do is I'll just know we
haven't got a big room bro we haven't got a big room that's immaterial it is early for our normal audience uh generally we do a breakfast show like uh 8 8am est uh but we do
ridiculous numbers on replays i we did like 57 live i think on tuesday we did like 180 replays
so i'm not worried about the live audience what i'll do is i'll just quickly kick off the the
show for the recording on spotify itunes all that shit everything we've like
not talking about so far we'll just cut out of the edited and archived version i'll do a quick
introduction and then we'll get down to a brother so for everybody listening guys good morning rock
fm and it is a little bit early in the morning for everybody out there all right
it's 7 a.m est on the east coast of america we know you like that atm slot but hey we we work
around people all right people uh we're excited today right people because we've got indigan on
the show it's our first uh pulse chain project we've ever spoken to the guys are actually doing some
wicked i think and it's it's just a perfect project to be on rock fm like you know how people
out there if you've listened to our like last 220 shows you know we look for projects that are not
on the circuit that you know we we look for the projects we're interested in and more
importantly we make the interviews that we want to listen to right and without further ado obviously
it is uh thursday uh the 19th of june uh 2025 and this is rack fm in the morning and we've got your
man bro what should i call you dude what should i call you yeah call me tom tom
gillespie mate that's my name so you can call me tom so tom tom's all right uh tom what i'll do
mate i've actually got i'm an inquisitive character i've got a couple of questions before we actually Indican I looked at the name And I'm like okay
Indie independent
I think kin
If I hear the word kin it represents like family
Like a gathering or whatever
Where did the name
Indican actually come from or originate from
No you fucking
You hit the nail on the head there mate
It's an independent
kinship is supposed to kind of capture what we're trying to put together here and i think it
successfully does that actually um but yeah it kind of emerged from well i mean the project
goes back a few years right so it was originally called the bit joinie and you know the the goal of the Bitjoinerie is exactly what
we're seeing in Indicam but number of people over the the early years there were saying like you
know this this fucking name is shite mate you need a better name and so I just you know when I
flicked through the thesaurus a little bit there and just sort of, you know, gazed through all the words
that are in the English language.
And I realized, you know, with the decentralization as well,
the DeFi stuff, I think encapsulates the independent kinship
that occurs on these various blockchains.
It's what i witnessed personally
anyway so just it just made sense it was a yeah it emerged out of direct experience i guess
especially on my you know my film productions as well so bro exactly that's what i thought mate
i was like i know for a fact this is like an amalgamation of like independent and kinship like it was very
obvious dude the the one elephant in the room i need to get out the way quickly so we can like
talk about the good stuff why pulse jane because i dm'd a few people and a few good people by the
way good good souls and i was like hey we've got indican coming down like do you know like i've got people
who were like video editors this that and i was like like the question or nearly the first thing
i would have everybody lips it lips would be other on pulsing now i'm thinking look i'm not a
judgmental person or anything like that like it's like dude we're doing nfts on loads of platforms we're
doing loads of like cross chain blah blah blah but the overriding question or sentiment
uh from a lot of people was pulse chin like question mark like can you give us just a heads
up on that mate yeah yeah of course it's um yeah it's it's a question that keeps keeps
Yeah, of course. It's a question that keeps arising, but it's directly linked back to my hexagons.
So I did a documentary on the hexagons, which were the community pre-Pulse Chain.
and off the back of that when I published that late 2022 I had incredible feedback from the
the hexagons and even non-hexagons they were they were very very happy with the result which I was
kind of set back by to be honest I didn't see that coming I thought I was going to get in a world of pain but they loved it and following that i was about with a few nft film oriented nft
merch if you like off the back of that doco to try to move myself into
a model which was self-sustaining for future productions because up to that point,
I'd been fucking self-financing
wearing too many fucking hats, mate.
Every single fucking hat you can see on the credits almost.
But yeah, so they'd opened a conversation
with a bunch of hexagons
and this is like a few years prior to Pulse Chain, I think,
or maybe one year or something to Pulse Chain launching.
And I guess I made a few mates there, a few hexagon mates along the way.
And then, you know, suddenly turned around, Pulse Chain had launched
and it actually launched, you know, and just I think it was a few weeks
after it launched, a couple of fellas came into the DMs and were like,
why don't you launch a launch a gillespie coin right
so i was like i don't know that sounds like a big investment of time and energy but hey maybe it's a
way to yeah make a sustainable effort in both you know fundraising and garnering attention on on the next production and that's that's exactly what
happened actually so I launched the G'day token with these fellas and I documented that kind of
kick-started the next film which is called Degen Generation FOMO in FUD out which is currently in
post-production should be released by the end of the summer.
And in that documentary, you'll see what happened with the G'day token and how that sort of what I learned by running my own fucking meme coin
and how that led into what became Indicator.
So it's been a very sort of natural, organic evolution
of some of the concepts and ideas that I've had for the for the past few years and that's how we ended up on fucking on pulse jammer so I've
um I actually witnessed the birth of a chat of a chain there and got sort of swept up
into it as well launching the g'day token and now bringing this indikin concept to market as well and seeing how
how the both the hexagons and the palcicons or or whatever you want to call call these guys
there's a lot of different gangs on polls chain a lot of different groups um curious like how
they're going to respond to this so this is great to have the opportunity to talk about it right in public oh mate i mean listen red eye will tell you red eyes jumped up as a co-host this is exactly the
kind of project that like like dude if there was a project made for like a rack fm interview
it's you guys i just want to quickly welcome the co-host uh good morning red eye how you doing son
you're right thanks for getting up early yeah not a problem i went to bed early not not because i was expecting to get on here early just
was tired and felt awesome this morning so thanks for having me up here no worries mate you know
you're a privileged member of the family we love you loads brother a very valued member i what i'll start with there tom is obviously we don't know you guys we do a
lot of interviews and 75 of them will probably already know in the back end or whatever like you
know and and we're a project that's done like multi-chain stuff we've done nfts across like
you know polygon uh cosmos like other chains right dude i want to ask you
generally we like would talk to you about your journey but i looked i was looking at your team
i said okay let's see the team and i thought all right there might be like you know two three four
five whatever dude i kept doing scrolling down your team how comes on your website you've got like
such a good big team because you seem to have like loads of people i mean are these like volunteers
for the cause or how how's your how did you form this kind of like team that you guys have got going
on yeah i'm not sure which website you're referring to, mate, but I'll be, yeah, I'll...
Didn't I believe, didn't I?
I'm sure I saw like loads of team members, no, on your website, no?
On your, no?
Am I wrong?
I wouldn't call it loads, but either way, the project has been absolutely magnetic, okay?
has been absolutely magnetic okay so people have looked at looked at what i'm proposing or me and
the fellas are proposing and they're getting this sort of uh you know how there's so many
fucking influences and content creators on social medias like a lot of people looking for solutions
to both yeah financing their productions,
distributing their productions,
but also retaining some sort of fucking, you know,
stakeholder status or some sort of bond with one another
that they can't get from a regular platform where, you know,
the traditional relationship between the artist
and the motherfuckers trying to capitalise on the artist,
it often becomes distorted.
It might start out perfectly reasonable, you know,
but it always gets distorted over time where the platform
just kind of rinses the artist more and more and more over time.
And I think people are coming into the site.
I assume you're referring to Indikin.com
because the official site has not yet been launched.
I'm hoping it'll happen next week.
And I'll tell you a little bit about that later.
But I think people are coming in.
They're looking at the light paper,
what we're proposing to try to do,
making use of DeFi,
but also making it friendly to a Web2 crowd.
So there's that fine balance between communicating the benefits
to just a normal independent filmmaker or creator
without them having to fully sort of invest the time required
to understand the DeFi protocols and smart contracts, et cetera, et cetera.
There's always going to be a path for those people.
And we're always going to show this is the way
if you want to go deeper down the rabbit hole.
But it needs to be presented in a way that's digestible
to a regular filmmaker who's not particularly interested
in meme coins or what have you.
On the flip side, it also has to highlight the benefits
and the you know the reasons why we have those features bro bro do you think do you think the
intersectionality of like crypto earned media let's call it media because we're doing it
uh albeit maybe in a different form do you think it's one of the hardest like crypto
nuts to crack and you've got it you can't have an intersectionality between like crypto and media
without having a d5 sort of gamification like element in it does that make sense yeah i'm not
sure i'd use gamification the word gamification but i see you're coming from um I don't think it's a hard
nut to crack because the way I view or have come to understand d5 especially over the past couple
of years going a bit deeper than usual um is that the the blockchains and the contracts and everything
are often just sort of providing accessibility
and some level of efficiency to systems that already exist
in those industries, right?
So the idea that you can take a studio, for example,
which is usually comprised of hundreds of people,
and then the executive class, et cetera,
and then that relationship between the studios and the production houses and how all that accounting
is taken care of and budgets and all that shit.
It's a fucking ton of work for a ton of people.
And the idea that you can compact a lot of those repeated
decision-making processes or systems into, you know,
ideally secure smart contracts,
which obviously requires proper auditing,
is just an application of efficiency
to those systems that already exist.
So I don't see it as reinventing the wheel,
but more like taking what exists
and reducing both the access for the users
of these systems and the systems themselves
if that makes sense yeah yeah well has anything like this been done before or are you guys like
kind of like pioneering on this shit or what i like to think we're pioneering mate but um
in my research there was a there was a wave of um it was a wave of products, platforms,
even films and studios and what have you,
utilizing primarily NFTs back then before it became a dirty acronym.
And what I noticed is, you know,
I think there was about 100 of them at that time back in 2021, 22.
A lot of them have just gone by the by, right?
They've gone.
And I think that's largely because they were leaning on a hype cycle that had to peter out over time eventually.
So what I think we've done differently this time is to look at the elements in DeFi,
differently this time is to look at the elements in defile this various tools if you like or suites
of tools and arrange them in a way where we are looking to build out today it is an ecosystem
that can you know ride through the bull markets and the bear markets and the hype cycles and all that shit and something like with actual solid foundation.
And I think we found that.
Funny enough, I personally have at least discovered it through my journey with the fellas over at Pulse Chain.
And they've been very, very, a lot of the guys over there have been very, very helpful along the way for understanding the technical side of this stuff as well.
Because I'm obviously coming from the filmmaker side but my films are in defi
crypto world so i've got a little bit of an understanding but more traditional sort of boring stuff i guess like you know proof of proof of work mining algorithms and even um
yeah just like the basic that's been around for a long time
and now we're into all this um liquidity webs bonding there's a really interesting shit
happening that that i wanted to see if i could make use of and a little bit like how g'day came
around as i get exposed through my productions to new ideas and new
concepts and new toolings I can't help but fucking have a crack right I'll jump in and go
like right let's go let's have a look let's have a look at this cameras are fucking rolling mics on
and I've been documenting my experience as I learn and apply what I'm learning in real time
and that's basically how how we've arrived at where we are today
yeah man i mean look we talk about this red eye a lot don't we the content economy and the
attention economy it's becoming how prevalent or now like it's it's everything at the minute
isn't it if we can find some like intersectionality of like crypto alongside
like content creation etc like there's a lot of people like dude i think looking for what you
guys are trying to do are you are you gonna look to expand outside a pulse chain or not
oh yeah yeah yeah i'm i'm agnostic myself personally and if you go back to the very early
documentation of this project some two years ago there's always been a multi-chain uh project
and the reason we're starting on pulse chain and it could have you know it could have been any
chain really it's only because of the circumstances through the Hexicans doco that I ended up where I am.
But the reason that we continue to pursue Polestream, which is a fucking controversial chain with a controversial head of state, if you like, it's been awfully entertaining.
And like I said earlier, I made a lot of new mates who have been really fucking helpful with understanding the technical side and going a bit deeper on some of that DeFi shit.
see what the what the market thinks uh here on pulse chain then we'll know whether or not there's
opportunity to to move to other chains like it's a little bit like you know when a when a startup
launches a product they'll you often go to a small country run a test on a smaller population see if
that you know get some market feedback get some traction understand the product tweak
it and then take it to bigger markets it's like a typical kind of path for a startup product often
and i guess you can think of it a little bit like this and the beauty of doing that as well
is that if we can prove that this works on something like pulse chain um when we do start
to communicate to other chains about partnerships, opportunities for cross-chain collaborations and stuff, it's going to benefit those participants on those chains that wish to cooperate, regardless of the chain.
This is not a maxi product, right?
Right.
I personally would love to see us.
I personally would love to see as there are some DeFi protocols being developed that is purely Bitcoin, for example.
I love the idea of, you know, connecting one of the newest blockchains like Poxone back to one of the oldest chains like Bitcoin, building that fucking enormous bridge between the two and having the artists at the forefront of that conversation because that's
fucking that's epic in my mind that's fucking epic
right i just before i jump into a couple of things you got anything bro
yeah i get a few questions some that are just like i'm interested to learn more about the speaker, some more related to the application and the chain.
I guess like just to get a style for like what sort of things you like creating.
Do you have like any top two or three favorite films of your own?
Films of your own and then maybe like, do you have a favorite crypto based film?
And then maybe like do you have a favorite crypto based film?
It's like I I'm a contributor to a to a set of DeFi applications built on a privacy preserving layer one.
And in the past, there's been Kevin Smith has launched a few different films as NFs on on secret and then there's also been other stuff like uh
back when tarantino issued um his nft for the royale with cheese which was you know included
all of his manuscripts and stuff as a uh as an nft as well so like i've seen a little bit of
interesting uh filmmaking bleed over into
crypto but this was years ago so i'm curious like yeah like what what new has come and like
what of that is your favorite oh mate i honestly i haven't watched films for a good long while but i can tell you some of my early influences um from way back come from like the likes of sasha baron cohen for example
chris morris i don't know if you guys have seen uh four lions
um you know partridge a lot of these kind of news media,
comedy, satire productions, they really like fed my brain
when I was a youngster.
I really enjoyed those.
So I think some of that influences my work these days.
When it comes to what my favourite crypto-based film is,
fuck, you know, I don't know, mate.
I really like the Fate Fluencer, but that's because I fucking,
it was my first one that i made right um at that time there wasn't a there wasn't so many
around but when it comes to how other filmmakers like like you said a few years ago were making
use of nfts i i was kind of i actually interviewed a bunch of them back then as well.
And it always seemed to boil down to this NFT hype bubble, which I could look at it and I could think, right, this is going to pop one day.
And it did.
And it became a dirty acronym, like I said.
And I thought, okay, what can I learn here?
And being luckily enough to speak to those founders of those and i still mates with a bunch
of them as well by the way today i still talk to some of the projects are still rolling along
um even by you know by a thread but they're still going is okay where have they fallen short
where have they you know gone hell for leather and done
really well and i mean a lot of them had millions of dollars to play with the spend and still they
didn't you know manage to get to wherever they were trying to go and largely that's because web
three uh colloquially known as web three was it was fucking tiny right there's nobody here
everybody's selling something nobody everybody's selling something right there's no there's not so many buyers so everyone all the sellers are just
buying each other's and it was just all felt a little bit ponzi-nomics
and so i was making notes there and i was thinking right okay what's missing here there's something
missing and luckily i got into this G'day meme coin,
which exposed me to liquidity webs and pools and shit.
And I started to understand, okay, this feels like the, you know,
the inner workings or the plumbing of DeFi.
This is where the plumbing is.
So, and there's a lot of sort of financial alchemy going on down there
and manipulation
and strange things.
And I try to get my head around that.
I was like, okay, how can we, how can we take the plumbing, which is certainly a permanent
part of DeFi, which will always be there and the behaviors and activities of the participants
and leverage that into what essentially is a web two facing,
well, platform or front end,
as a component of a broader ecosystem,
which should be infinitely adaptable
as you bring in new features
and new partnerships going forward.
Got it.
Thank you. I really appreciate that.
Yeah, and totally understandable that choosing favorite films is difficult.
I mean, this is a topic that we've talked about many, many times on Rack FM before.
So I was just curious kind of like what interests you
and what kind of things you're interested things yeah you're you're interested in making
uh out one last question then i'll throw it back to robo um i guess what what do you think that um
in dickon is and i think you said your your site isn't live yet right it's like if we were go to your profile and click on that uh
site yeah so the site you see there at indian.com is just like a sort of info site um but the the
actual first iteration of the like front end of the ecosystem or whatever you want to call it is
is going to come out next week i'm hopeful And that's where you'll start to really understand what we're building
and how to participate.
Sweet.
Okay, so then my question is, what do you think is going to be, like,
one of the biggest value drivers or, like, value components for indican that you think is gonna um help with bringing on uh
new film producers or content creators uh or people who want you know some centralized place
where they can maybe enjoy content yeah so i'm a i'm a proof proof is in the pudding type fellow, so I'm going to say proof of concept.
And while, you know, it's easy to talk and write these things down,
it's much easier to showcase it and actually show it working
and fully operating.
And we should have something close to that,
or at least the first iteration by, yeah, we're aiming
for probably September, October.
So what you'll see next week, that site, the site, the domain will be the same, but the
site will basically just tell you, it'll show you exactly how the whole ecosystem kind of
cooperates, each element cooperates with each other to close close the circle or create the show you how the value cycles through
it'll allow you to whitelist yourself and it will also
we're going to throw up some early adopter passes if you like they haven't
got a name yet but there'll be like a bunch of
passes that give you certain perks
for being an early supporter.
And this is a way for us to, yes, get attention on the product,
whitelist people, and also raise some sort of seed capital
in order to build out the back end in a secure manner,
which, you know, we're lucky to have some fucking amazingly talented people
on the team already who are capable of building,
like, full-stack devs, building out this shit already,
like Pulse natives.
So we're in a really good position,
but once we can start to get that feedback from people as well
and move the progression forward on
the development side, I believe we can have a first, I'm pretty confident we can have
a first iteration of the actual offering that will function for, definitely function for
the first five filmmakers that is myself and, well, yeah, the five of us you see on the site there and when the five of us are actually
actually able to use this uh as as we intend and then we can see you know it's it's working
it's actually bloody working we will have no problem attracting any any kind of ecosystem
participant no matter what you know
entrance they decide to take into it that's well that's it i mean that's a perfect lead-in like
what i was gonna ask so you know nobody works for free right uh the bills don't pay themselves
i mean have you guys took on any money so far? Have you got any, like, strategic partners?
I mean, what's the story with, like, how you're funding things to date
and how things are going to be funded?
What's, like, your runway, et cetera?
Yeah, so it's just self-funded right now up to this point. The five of us that have come in together are obviously like the first sort of,
well, we're the founding filmmakers, if you like.
So we each have a stake in its success on the token level
and obviously the ecosystem development level as well.
But, yeah.
Did you guys know each other before
or have you like have you met over this project
yeah no i um met a couple of them on the dgen documentary project that i'm i mentioned
over the last few years so i've spent a couple of years with with a couple of them and a couple i'd go back
as mates like 10 years or more and then there's uh one of them just met last year
and visited it's a diverse bunch to be honest so there's a little bit of yeah
so there's a little bit of yeah would you see this project would you say it's a hundred percent
like grassroots like organized like created in some conceptualized or what i would i would go
that far actually yeah and i under i understood that a long time ago i remember thinking
you know the best in in in a decentralized ecosystem like blockchain regardless
where you're at it seems like those products that get launched into market with 10 million dollars
resources and all the talent in the world still can't make it stick told me that okay products
solutions platforms egos is whatever they need whatever, they need to emerge somewhat organically
from the very restrictions or problems
or challenges that people are experiencing at that level.
And that's kind of what influenced the whole,
you know, as I told you before,
this product has come through personal,
direct personal experience in my filmmaking in the defy space so
yeah i'd i'd say that right it's slightly guided by myself of course because some
motherfucker's got to have the vision to carry it right but as we move forward i want to
make sure that i elevate like it's my primary role right now is to empower and elevate
the other four filmmakers that are currently in the in the indikin and and the next 50 that join
us and the next 500 you know i'll know that it's everybody is independent but we're together and
we support one another and the leadership at that point i don't know when but i don't want i personally don't want
to captain this thing forever if you know what i mean it's more like a it's a little bit like when
you have a kid and you look after them up to a certain age and then they've got to go out into
the world and and make
their own mistakes right well that's when governor that's when like governance comes
into effect and that's when like creating like dows and things comes into effect right
when you need to hand things off so dude have you have you got any competition out there
so like obviously not just say like on pulsing but like out there like you must have had a
look around the market i mean
you must know what's going on anywhere have you got any like like real hardcore competition or
are you guys a flagship we have competition at the individual component level and this is the distinction that i keep repeating
about platforms and ecosystems there is uh i i've done a ton of market research mate and
spent i've actually tried all the products and spent a little bit here and there and time
understanding all these um i'm not going to call them competitors because
I've you know I've taken influence from here there and everywhere and I've looked at what
works and what doesn't and I've tried to combine the best components into what Indykin should
become I don't know I don't have all the information probably but no there's definitely
competitors at the component level on that and actually that's where I see if we have some success in terms of traction,
we're going to be able to cooperate with those guys because we're going to be able to plug in.
And that's a great opportunity for cross-chain partnerships and collaboration going forward.
Should there be interest from the other party, of course.
from the other party, of course.
I get a quick question for you, if you don't mind.
So I'm checking out the Indicin site,
and there's two things I want to point out.
Robo, I don't know if you've seen this,
but there are a bunch of films.
I don't know if this was from our speaker. I noticed the fake
fluencer is at the bottom here, which I kind of want to go watch this now that he said it's one
of his favorite films. But they've got 29 videos, with a decent amount of them being over 20 minutes
long, some being as long as two hours long. So it looks like you guys already have a decent amount of them being over 20 minutes long uh some being as long as two hours long so it
looks like you guys already have a decent amount of content and it looks like you guys have 10 or so
or a handful of creators i see you got some creator tokens so i get my my questions are about
how do these filmmaker tokens play into the platform like what is their role kind of in the
platform and how does that like help out these filmmakers and then I guess second
one is where will people primarily be able to find these filmmakers content
because I see stuff on was it rad dot live which I'm not sure if that's a
inked-in product or if that's just a platform you guys are putting content on.
Yeah, that's a platform.
That's a made of minds platform,
which, again, is doing some pretty cool innovative shit
with the split revenues on streaming.
That's a very nice site.
I mean, all the content on here looks really clean
for the Indicam link.
Yeah, yeah.
No, that's sort of a, well, yeah, we're partnered in that regard.
We're still exploring opportunities because there's been a bit of a barrier there
with how many chains they're adding to RAD.
And so those discussions are ongoing.
But to come back to how the filmmaker tokens plug into this,
so there's four major components to the ecosystem, okay?
There's the index, the Indicin index,
which is you can think of like a liquidity pool
with all the filmmakers filmmakers tokens bonded to the
to the indikin token and that the volume that passes across that web prints plsx which is a
native token to pulse chain which is a way for rewarding indikin holders as well as growing the
filmmaker fund which is the second sort of element or component of Indikin,
where we aim to grow an enormous sort of studio type studio fund,
which is going to be used to fund the filmmakers that join us going forward.
And in addition, there is the filmmakers themselves of course um and then the there's going to be a
streaming end where we're going to yeah take influence from rad where we're going to have
split revenues on every stream that kicks back to production fund the filmmaker and you know the
top holders of the filmmakers token so that we can ensure that any value that
is derived from a production using the fund um could get piped back to those people that
contributed you know value up front and this is what should make it a binding ecosystem where
people want to come in and stay like we're trying to build something for the next
100 years not the next fucking
hype cycle whatever it might be that's awesome so i i'm curious because you've already made a movie
and so you've or you've made this film uh fake fluencer which i am going to end up trying to
watch i'll grab some bass and and end up watching it later.
I'm curious how much, and you don't have to give me an exact number,
but how much roughly did this kind of cost to produce?
And the reason I'm asking that is you'd mentioned this creator fund
that a portion of sales and stuff will go to help with financing
the production of some of these films for new filmmakers that come on.
I guess how much roughly do you think it costs to make something like that?
It looks like about a two-hour film.
I know not all the stuff is going to be two hours, but then kind of like projecting in the future,
how much do you kind of expect some of these like funds these creator funds to be able to help
uh with the production are we think are you thinking like we'll help cover maybe 10 percent
of the cost or we'll help cover you know maybe some of these particular incidentals that we can
cover repeatedly or kind of what do you what are you thinking in your head whenever you're thinking
about how you want to help out filmmakers like yourself in the future
yeah so i um i started down this road to build to to try to address the challenges i personally had
with uh with that especially back then in the fact the fake fluencer and it came down to like
trying to well first of all you want to sort of stable like be in a stabilized stable enough enough position to be able to pay pay the attention time and attention
that it that it is that it like a it's a grants grants
program if you like or um what is it when you go to university you get a scholarship
yeah we want to provide that sort of foundation first so that the the these independent indie
filmmakers come on board they can they can be rest assured that
they're going to be able to cover their basic needs. And that's derived from the production
fund itself as well. And then on top of that, we're going to, at this stage, at this early
stage, we're going to have some quality control applied by the founding filmmakers. So we will sort of be an acting board, I guess,
that makes decisions on which films get funded because we want to get off
on a good footing, right?
We don't want just, yeah, we're a little bit picky at this stage,
just so we can set the scene or some sort of standards for those people.
You know, we want people to come in that, again,
are going to stick around for the long term
and have the energy and the capacity,
not necessarily the resources, but all the network.
We hope to support with that.
And the trick there or the balance is going to be, okay,
you know, you've got an indie filmmaker like myself
who's come in and he you know he does a
certain style of filmmaking where it's not massive budget he you know he's pitched in he just needs
10 grand 20 grand or whatever it is and you know do we want to give him a shot great let's do it
and then you've got we've got the challenge where because we've got brian who's in la and he's got
a pipeline of fucking already 20 independent filmmakers who are, you know, LA based.
And those guys take themselves a bit more serious where you get the budgets up into the million dollar range.
And so we need to get ourselves in a position where we're focused on supporting those people with great stories and the capacity to tell them or make them
regardless at which sort of budget level and I don't know how that's going to unfold that really
really depends on how well the index performs and the streaming site in terms of growing the
production fund and maybe you know we're also talking to at this stage especially we're talking
to anybody who kind of sees the vision is capable of like seeing it for the long term so we're talking to anybody who kind of sees the vision is is capable of like
seeing it for the long term so we're being very cautious with traditional investment
because it's sort of you know you know the model i think we all know the model um and that's fine
but um yeah so i don't know if that answered the question i think i lost no it definitely did i had a run on
question that's that's my apologies i just want to say i think this is a great timing for you guys
to be focused on this i've at least personally noticed there's a ton of production of these
indie style films and interest in films like i've always been a bigger fan of uh comedy like stand-up comedy than uh
we'll say like traditional styles of media movies and tv shows but a lot of my favorite comedians
are now going into uh creating their own indie movies they're wanting to create their own thing
really small budget um and i imagine there's a lot of people who are looking to do that now instead
of going these huge budget box office people people realize, hey, I can actually tell this story I want for a lot cheaper and I can still get some distribution with this.
And the last thing, Rob, I couldn't help but think about Scott.
And he puts on these movie nights.
It's another one of our friends who does Twitter spaces
and has been building applications and stuff.
And he's connected to a bunch of small filmmakers.
And he does Twitter spaces where he just puts those films on
and people come and watch.
It's like a watch party, basically.
So I'd be interested to potentially connect you uh to him
as like a connection to other filmmakers uh in this space other indie filmmakers yeah
there's something i want to ask tom on the back of that red eye thanks mate
uh tom are there any like regulatory like hurdles that you've had to like look at or overcome or i mean obviously
i know you said where you're from and where you are now and i know different jurisdictions like
change around the world we all know like how the world works with like you know crypto regulations
etc has there been any like uh because you know we've all just seen what's just happened like
with pump uh obviously getting banned off twitter and then the sec probably gonna take action and
this and that and it's like you know you sometimes feel like defy is under attack before the project
is even launched are there any like sort of like legal uh hurdles that you guys have
had to like overcome or oh mate you yeah now we're really early days right so i view like
i view it in two parts because it's emerged from within a production scenario itself, at this stage, it's still kind of a half, you know,
one foot in the story world, one foot in the real world.
And I think as it becomes more and more real, and when there's like actual economic activity
or anything of significant volume, then there will probably be regulatory challenges that we will face.
And we're monitoring those as, you know, alongside the development and the growth and the potential.
But I've taken a little bit of solicitation with the guys over at LexDAO about a year ago
on how to think about this and what it might like one of the you know some of the things we should look out for uh where we should where we where we should consider uh incorporating should
we choose to go deeper in that direction which i personally believe uh we won't have to once we get
to a certain stage we'll be able to uh you know bring our bring our ecosystem into the sort of realm of the dow um which i
don't think accurately represents what it will become because it it would probably be more like
a dow of dow's kind of thing uh going back to how i described the relationship between studios and
production houses we we know we know dow's of dow's like so we're so
emerged in dow technology we've been on dow dow for like the last three years
like when you talk about the dow we know exactly what you're talking about so I
get that like a dow of dow's that that's a red eye you get that like what he's
said there right I had a sorry I don't want to interrupt like red eye you know
what I mean oh yeah yep between this you're an artist yeah
yeah so i don't like that's a whole new world that's opened up for me uh again as part of this
production more in the last year than ever and actually reminds me of a lot of projects back in a few years back in this space
with media and and blockchain and how those dows um yeah a lot of challenges there
but i don't think i don't want to interrupt no no you're talking our language we uh
so we've been releasing music for the last like two and a half
years music and fts right our made finn who's part the rackfm team is a rapper and we've been
producing like videos and stuff and what we did is we actually uh ran our last ep through a dow
and it was called beats by governance we literally uh put up like so we put up three beats for track one
three beats for track two three beats for track uh three three beats for track four right we give
the community like 12 beats to pick from to create like a four track ep and then finn had to write
the bars to these like four beats that the community had selected like dude we live and breathe dows
like so you're talking our language right now mate nice that's great to hear mate and
music is the universal language so when we start programming the language together
that's like another level of organic community growth uh you know content or production products
whatever you want to want to do so yeah no we're on the along the same lines and that's also what
i was highlighting before how different people might end up in entering the ecosystem in the
future you know there might be a wave of musicians that come in who want to make films and that music is their entry point i've
actually spoken to a few uh musicians over the past months who have said exactly that they
actually start off with the vibe the music and then that that paints the scene in their head
and they they and then and at that point they are they have to like skill up and learn new shit to
get to the next level or they have to find them in
their network or you know people to collaborate with like this is the organic emergence that we
want to you know get behind and support and i think we can achieve that but it's that balance
there's so many fucking balancing acts mate mate, between – I mean, people are people at the end of the day.
So – and that's what concerns me a little bit about DAO structures and some of the shortcomings of DAOs that I've personally witnessed.
Oh, dude, we know.
We know.
It's a good – dude, you're talking about it.
We know how difficult, rightows can be so that was another final answer that just a
step on the path to get into a place where we all want to be if you're if you're trying to like run
any kind of like dow system or whatever you have to realize you're like the politician where you're
going knocking on people's like front doors the governance side uh tom can wear you down like the
The governance side, Tom, can wear you down.
Like the advocating for governance, yeah, can wear you down, man.
Yeah.
No, it's exactly right.
It's one of my, one of the, well, I wouldn't call it a nightmare,
but I do have, when you go deep, deep thinking into how that's going to unfold.
And this is why it's so important to do your R&D, mate.
So important to try everything
touch touch base with everyone listen you know look listen learn and this stuff all goes in and
later on it informs what it is you're building in the future and that's just so tom tom your greatest
your greatest worry i can tell it in your voice i'm listening to your voice your greatest worry, I can tell it in your voice, I'm listening to your voice,
the greatest worry is what we call Dow fatigue, right?
Precisely, mate.
