Thank you. Thank you. Thank you. yes guys what's up everyone welcome to yet another crypto twitter spaces hosted by me
shul aka old crypto gems now before we start i want to thank the people that are joining and
slowly more and more people are coming in um, we're going to be here with something very exciting called Rainmaker together with Sailor.
Now, Rainmaker is all about growing your AI reputation and earning rewards as you go.
With us today, we've got JD, the CEO of Rainmaker and Derek of Sailor,
who are going to give us some answers to get a bit more information about both of their projects and what they do.
First, I'll be asking some questions.
Once we're done with those,
there'll be enough time to answer questions from the community.
So if you've got one, leave it in the comments here.
And then, yeah, let's get started.
So before we start, make sure to leave a follow
sure to leave a follow on the Rainmaker Twitter page and check out that project.
on the Rainmaker Twitter page and check out that project.
I actually see that we've got, we had JD of Rainmaker, but he is leaving at the moment.
So I'll check once he's back.
Derek, good to have you here.
I see that you're in the Twitter space still.
Once JD gets back, then we'll ask him the same questions.
But perhaps good for you to introduce yourself a bit and explain what a sailor is and what are you doing on a daily basis.
Hey, GM, GM everyone. Hope everyone is having a wonderful morning, afternoon or evening from wherever you're calling from yeah my name is derek and i'm from the sailor team
and i'm really happy to be here today with you guys um along you along you show as well as jd
from the rainmaker team um yeah but first for those who haven't heard of sailor decks um we are
the most active and uh the most liquid decks on Say Network right now.
And in fact, Saylor just turned seven months old
And we launched on Say Network in January this year.
And since then it's been a really great journey
building alongside the Say ecosystem so far.
And we really aim to enable a lot
more projects to continue accessing
the deep liquidity within the Sailor platform.
And as such, more recently we launched
Say Network's first curated IDO
launchpad called The Lighthouse.
And we're really excited to be
supporting the Rainmaker team in their IDO for their RAIN token.
And with that, I would also like to pass the mic to JD,
and one of the biggest gigabrains that I know.
Yeah, so JD, over to you.
Thanks. Good to connect with you guys today. Yeah.
It's been a, it's been a wild ride. You guys hear me. Okay.
Yep. Perfectly fine. We can hear you loud and clear.
It's a beautiful day here in California and we're excited to be partnering with
sailor. I mean, honestly, if you're excited to be partnering with Sailor.
I mean, honestly, if your logo is Popeye the Sailor Man already, that makes you pretty hard in my view.
Yeah, so I guess I can give you guys a little overview on Rainmaker.
We started the company about seven years ago, focused on what's the value that each human is contributing in the digital world and building a system that can better attribute the value and distribute it democratically back to
the individual human. About three years ago we started actually building out our own protocol
focused really heavily on data and AI so right, the company's current business is really built almost exclusively
around AI video models, and rewarding humans for contributing video data sets to train
next generation video models. And those data sets that are contributed by we've got close
to half a million users around the world, 190 plus countries, those data sets are then licensed to companies like Google,
And our users are making money paid in RAIN tokens across the network.
Our users also are doing model evaluation, data validation.
So just helping to contribute essentially in a more decentralized way uh to training uh video models and training uh ai so that's a little bit of
rainmaker uh you know our big passion or my big passion is around empowering humanity through
this combination of ai and web3 and and uh you know we're you know we're here for that and here
for that revolution so so thanks for having me today, guys.
Thank you both for your introduction.
I'm very excited to have you both here, to be honest.
I really like what you guys are building and what you've been working on,
especially also Sailor, using a lot on the SAE network.
I'm very excited to see what Rainmaker,
you guys have the TGE coming up soon,
which we're going to talk about a bit later.
So, JD, before we start with some deeper questions, what I always try to ask someone who's, you know, within an AMA here is,
if you had to describe whatever you do or what Rainmaker is in a couple sentences to a child that's five-year-old, what would it be? And the reason why I ask this is because usually we have people listening.
They don't know exactly what Rainmaker does.
And we're going to go a bit deeper, like I said, later on.
But I think it's good that everyone knows in a very easy way
what exactly does Rainmaker in a couple sentences.
Yeah, so Rainmaker is focused on providing support to power the next generation of AI video models through our global network of human contributors and focused on empowering humanity and the evolutionary leap for humanity through that combination of AI and Web3. breaking it down for a kindergartner, big tech has been using everyone's data
train AI that everyone uses,
not paying everyone, as we know.
And we've engineered a system
that allows humans to be rewarded fairly
for their contributions to training AI
All right, thank you very much.
And so if I were to ask you, what's the biggest problem that you guys had to see and are trying to overcome, then it would be that big tech is using the data without actually paying or rewarding people for using that data. And what you guys are trying to do is to make it more in a fair way and actually reward the ones that pretty much provide that data. Is that correct?
reward the ones that pretty much provide that data. Is that correct?
Yeah. And I think it's, you know, honestly,
it's not like these companies wouldn't pay people if they, if they could,
I just don't think to this point,
there was a system that was devised to be able to do that and do it at scale
and track it at the same time. So I honestly think it's not about like, Oh,
they're trying to screw people. It's like, no, they're just,
there didn't exist a system.
And as you're moving fast and you're building technology,
like you're training models,
and anyone who's ever done that, who's really doing it,
when you're doing these epochs and these training runs
and massive amounts of data that's needed in compute,
it's a pretty complex, challenging thing to do.
So even to get these powerful models to the point that they've gotten to,
a herculean effort um you know by big tech companies so i'm not like slamming them and
saying oh they're so evil blah blah blah i don't i don't ascribe to that belief but i do think that
if we can engineer um you know systems with business models and distribution of value i
think if you look at blockchain at its core just just take a step back, what does it revolutionize? It revolutionizes the way that value is created and value is distributed.
So if we look at the value around data and AI, there's a potential with blockchain infrastructure
underneath this type of a system like what we built Rainmaker to actually be able to track,
properly attribute fractional value around the contributions of each human and their data.
And that's not something that other legacy systems
are actually set up to do quite as well.
So I think it's, you know, again, it's not as much about blame.
I think it's just about how do we shift it to a better place.
And I mean, I think there's always going to be, you know,
the biggest challenge I think there's always going to be, you know, the biggest challenge, I think, is, of course, like getting those companies on board and feeling comfortable with a new approach.
Right. But we've been going through that process.
We announced a big partnership last week with Google.
So that's like our first big public announcement around enterprise AI partnership.
But we've got many others actually in the works
and more coming in the coming days and weeks. Nice. Well, I'm very excited and, you know,
congratulations on such a big partnership. I think it actually shows what you guys are doing and how,
you know, well you're at it. Now, quick reminder before we continue with our questions that if
someone from the community has any questions,
at the end of this one, we'll be checking out the comments
as well as add a few people on the stage to ask some questions.
So, a quick reminder there.
Now, JD, and, you know, it might be good.
What is your background and what led you to create Rainmaker?
I'm not sure if the Sailor guys want to pitch in as well,
but, yeah, obviously we're here to mainly talk about Rainmaker. But, yeah, what led you to create Rainmaker? I'm not sure if the Sailor guys want to pitch in as well. But obviously, we're here to mainly talk about Rainmaker.
But yeah, what led you to create this?
Yeah, I mean, you have to be some sort of a masochist if you decide to embark on the
journey to be a founder in Web3.
You know, it's a daunting road, I'll say.
Like, you know, it's an often joke.
There's people see you in these moments when you're coming,
kind of climbing up towards the top of a mountain.
They don't see you when you're down in the valley
and you almost died seven times to get here.
But where I came from, I mean, it's really,
I spent most of my career in the world of media and entertainment,
still own a media company, still finance and produce
film, TV, scripted, unscripted. I still love to tell stories. I think there's a part of culture
that we have a responsibility, those of us that are awake and aware, to create media that will
help humanity go forward. So I guess there's two ways just to zoom out,
look at me as a human. I believe that transforming and evolving and evolution of the human race is in for my world can be driven by two things or two contributions I can make personally. One is
through telling stories and helping to tell stories that change the way that we see ourselves
and change the thereby change the world that we're building and creating. The other side is with technology and changing the actual world that we're living in
with technology being that force multiplier that we see just obviously with AI being the most
obvious example at this moment, you know, rapidly transforming the planet. So I look to kind of
plan both of those spaces. And so, but I came from that world of entertainment
and we still do stuff in that space.
So obviously we talk about video, video models,
the disruption that's coming to Hollywood
with, you know, the cinematic, you know,
models that we see now, like, you know,
Bayo 3 and others that are, you know,
just rapidly advancing, you know, it's gonna,
it is already started to,
but it is going to disrupt, you know, that industry significantly.
So we feel like uniquely positioned to really stand in the exact spot that we're in to be at that mesh point between the worlds of like artists and creative and video and also in tech and data. So it's for Rainmaker, you know, actually kind of,
in some ways, us landing exactly where we are
is kind of the perfect full circle place for us to be,
I know, JD, the stuff coming out of VO3
is just absolutely amazing.
And that day I just dabble with it for a bit.
The quality of which the video output comes out, it's just mind-blowingly good and realistic.
So yeah, for that, I think I'm really optimistic about the future of Gen AI and Raymaker.
think about the future of Gen AI and Rainmaker.
And for us, I think the team behind Sailor,
we are quite an experienced Web3 builder.
Previously, we also built out several DeFi projects
on several other ecosystems.
But however, we didn't manage to gain a lot of traction due to a lack of product
market fit in other ecosystems, mainly due to, I guess, the latency of other blockchains
and also the lack of active users on the blockchain and ecosystem as well. So thankfully, we managed to launch on SayNetwork as a sailor dex.
And because SayNetwork, the underlying infrastructure of SayNetwork is so fast
that it is really the optimal tech stack and tech infra for a dex like us.
stack and tech infra for for decks like us.
So you know we really kind of found product market fit over at say network here,
which led to you know the relatively good amount of traction that we have gotten in
terms of TVL and trading volume so far on say.
And I think for us our vision on saying right now in the near to medium term is really to support
a lot of these projects quality projects like rainmaker to basically launch their tokens because
most of the the top quality projects right now on same network is really they they have yet to tge
right so we really want to provide that optimal launchpad and distribution channel for quality projects like this to basically get access to our active users, the liquidity on our platforms, and also a chance for our own community to also access curated and quality projects that the Sailor team has met.
So, yeah, that's really what we aim to do
in the near to medium term.
Nice one. Thank you. Very well explained as well.
And I'm excited for you guys to be working with each other
and to use both of your expertise
and to bring this to the next level.
Now, going a bit deeper and a bit more technical into Rainmaker,
how does the Rainmaker network actually work and why is Rainmaker unique in
So we actually built our own custom blockchain,
which is a federated hybrid blockchain architecture protocol.
My CTO, this is actually his third protocol he's built.
So he built Disney's private blockchain in 2015.
He then went on to, after that, he went on to build Dragon Chain,
which many or some of you have heard of, depending on how long you've been in crypto.
They had a big launch in 17 and 18 and then had some unfortunately ran into some challenges
being from the u.s and having to deal with the sec which is you know a challenge that i think
our industry is quite familiar with uh but joe's an amazing visionary like blockchain uh you know
technologist like honestly like on his own level and uh we were just fortunate
enough to i had an idea and a vision our team did for a protocol that was focused on the individual
human their behavior slash data plugged into uh their identity slash reputation and then that
running through smart contracts that are coded not in solidity or Rust, but in C-sharp, Python, other legacy
coding languages. So just think like a blockchain that was meant to run very fast, kind of similar
to say, but not EVM, really more focused on immutable data and the proof of value connected
to each human's individual contribution on a on a given network environment so
uh yeah we're i think what we're doing on the blockchain side like is i don't even think we're
not really like putting that out as far in the front even though there's just that by itself
there's revolutions in terms of like some of the stuff we're doing i believe that nobody's no we
haven't really highlighted that when people realize what we've done there,
I think they'll realize that there's some breakthroughs for sure in terms of the blockchain tech.
And especially around, so there's three layers of the network.
User action layer is essentially like each user that's on the network on one of our products
has a cryptographic key pair that sits on their device in the background.
So when they sign up, there's literally a key pair that's on their device from that point forward it's in the background it's
signing proof on chain of all of their behavior now this is like a patent pending part of our
technology stack um and you know that rolls up into smart contracts and the smart contract blocks
roll up to validators we've got about a quarter million validators around the world
that have been signing those blocks that are essentially the blocks
of smart contract computations that then there's a final hash
made onto public chains to secure the network,
which at this point with our partnership with Say,
we focus right now exclusively on Say as that public network
that we're checkpointing to to secure our network. Now in past we've done we did bitcoin for a long time we've done eth um solana
you know base bnb chain uh we've we've checkpointed i think on seven or eight different networks and
and so yeah it's it's that's a little bit on i know i went a little deep in the weeds there but
that's a little bit about the blockchain architecture side of Rainmaker.
Very technical, but I think you explained it very well.
And like I said, I'm just very excited on how you guys are busy with this on
and working on it and having the partnership with Say,
I think says more than enough as well.
So I'm actually very excited.
And just a quick reminder, everyone,
to leave a follow on the Rainmaker page
if you're liking what you're hearing here.
So JD talked a bit about something more technical
and what Rainmaker is doing.
What about the token itself of RAIN?
You guys have TGE very soon.
Can you give us a bit of information about that
and how the token is doing?
Yeah, so we're prepared to list on centralized exchanges here in just around two, actually two
days from right now. In seven minutes, it'll be 7 a.m. Pacific time, 2 p.m. UTC Wednesday.
We'll be launching on multiple centralized and decentralized exchanges. Amongst those will be launching on multiple centralizing decentralized exchanges. Amongst those will be Sailor, who's here,
and there's others that will be announced today.
So I don't want to spoil the news yet.
But there's, yeah, some announcements coming with the exchanges
and exchange partners we're going to be listing on.
And really, again, that RAIN token is serving as the lifeblood
of the Rainmaker ecosystem.
It's rewarding data contributors.
It's rewarding validators.
It's rewarding everybody who's contributing to what Rainmaker's mission is,
which is to decentralize the development of AI.
So everyone here that didn't hear it well this wednesday tge going live to
check out the rain um token and see what you guys are doing so just a quick question jd is is what's
what's going to be the use case of rain and why would someone want to buy rain or what's the point
of having a a rain token yeah so the all of the uh revenue that we did significant revenue last year, we're on track to do even more.
This year, all of the revenue that's flowing through our network is converting to, a portion of that's converting to RAIN tokens because that's how we're paying users across the world so by owning a rain token it's like you're owning a
piece of this powerful network that huge companies are using and going to continue to be using in a
growing manner uh to train their ai video models so as a google or aws these companies are spending
not only some they can buy rain token actually we're incentivizing them to do that and just use that to pay for the AI data services.
But even when they pay in fiat, we're converting a portion of that into RAIN.
So RAIN is really the lifeblood of this powerful network that's being used to train the next generation of AI video models.
Perfect, perfect. And so basically, I want to say congratulations to you guys
for actually having a use case for the token as well.
Because in honesty, quite often we've got projects and they say,
And then you're asking, what are you going to do with it?
And then they don't really know what the use case is
and why they would even use the token.
So it's good to hear that you guys actually have a use case
and have thought about it.
So talking a bit further about the IDO that's happening on Sailor.
I'm not sure who wants to pitch in here,
but can you give us some details on perhaps what is an IDO
and how much you're raising and what are you going to use the funds for?
Sure. Maybe I'll chime in first. Then, JD, you can help in anytime you want. I think it's a great question. I think it's a great question. I think it's a great question.
I think it's a great question.
I think it's a great question.
I think it's a great question.
I think it's a great question.
I think it's a great question.
I think it's a great question.
I think it's a great question.
I think it's a great question.
I think it's a great question.
I think it's a great question. in 2018 IDEO craze, right? But essentially, the point of doing IDEO is to basically
allow users to basically access, first of all,
project tokens permissionlessly, right?
And also from the project side of things,
it's also a way to raise capital to, you know,
use these proceeds to further expand their projects, give back to
So, it's been a while since in Web3 and crypto that IDOs have been a thing since it's mostly
PAM Fund bonding curves right now.
So, for Sailor, we thought that we would try to kind of match
this market gap in terms of providing
more transparency and curated projects for
users and potential investors to access quality projects.
And for the project side of things,
it is also a way to help them access to liquidity
from basic liquidity in a decentralized manner
So, yeah, Sailor and Lighthouse by extension,
it's the solution to meet this market gap.
And for us, I think we wanted to do it
in a very transparent and vetted way.
So if you look at the Sailor website right now, we actually have the Lighthouse page already live.
And on there, you can see all things about Rainmaker and as well as theINN TGE and IDEO, the existing investors cap table,
the tokenomics investing schedules of each of the stakeholders,
and as well as more importantly,
the RAINN tokens use cases
and then the roadmap of the project itself.
So as for specifically for RAINign's IDO this time,
JD and team has told us that 100 percent of the proceeds
used arrays from this IDO would be used for
Dex Liquidity to basically set up a Reign USDC pool on Sator.
So it is also a way for giving back to the community,
like for early supporters of RAINN
who have an existing stake in the RAINN token.
You guys could basically access some of the liquidity on Sailor Dex.
I'm not sure if I missed anything, JD.
Feel free to chime in regarding the IDO.
No, I think that covers it.
I mean, I think we look at that as a perfect way to kind of on-ramp into the sailor ecosystem and say ecosystem.
You guys can hear me, yes?
I think we just looked at it as a natural fit to like, as a way to really make a splash in Sailor and just, yeah, I mean, we feel like it's just, it's like an organic way for us to come into that market.
So really, there's not really a whole lot else to say on it.
So maybe bridging in on this one, as I wanted to ask you is,
why did you guys choose the Seii Network?
Because obviously, compared to other networks,
there's a bit less volume and it's a bit less hype, so to speak.
But Seii, I see Seii popping up more and more and more,
so I'm very excited about it. But what made you think or decide you know what
we're going to go with with the same at work well i think there's an opportunity i mean obviously
the technology speaks for itself in terms of the performance of the network um but i just felt like
there's an opportunity to come over here and and to be early on versus you know trying to you know and
we do also have we will also have a token on base but it's much less the it's it's much less of a
focus in the beginning for us um just because we you know we've gotten to know the the the
say team and they've been very supportive and and uh you know we we feel that there's an opportunity with an ecosystem like this to be, you know, like the big fish in a small pond, right?
And so I think that was the thought is like, let's go over there.
There's not a ton of projects launching there.
It'll be easier for us to capture, you know, almost like the mind share in this little pocket of the world.
in this little pocket of the world.
and we think that that's,
that's a cool thing to be able to be early and,
and be like kind of one of the featured,
projects versus launching on Solana.
You're launching the same time as a hundred other things.
And there's other issues potentially with other aspects of that.
this was a choice that felt like it made sense for us.
And I have to agree with you before you chime in, Derek.
But I have to agree with you that if you were to say, you know what, we're going to go on Solana, you're going to be one of the thousands, millions, whatever.
And maybe people might even think, oh, it's just another one.
Whereas if you do it on Saylor or on Say, sorry, and you, you know, you really are able to make a thing out of
it, then you're going to be the first. And I think it's going to help Say as well. Yeah. Was there
anything you wanted to say, Derek? Yeah, man. Definitely agree with both of you. Aside from,
you know, the underlying tech, the, how supportive the Say Foundation team is,
how supportive the State Foundation team is.
I think one point that's not really mentioned
or maybe could give more credit to is the fact that
the State Foundation team's BD's skills
is absolutely one of the best that I've seen in this industry.
Just purely from a BD partnership standpoint,
the amount of partnerships and developments that I've seen the team brought in to say,
from the Wyoming stablecoin legislation to Circle recently announcing, you know,
CCTV V2 plugging in to say to bring native USDC in, to the recent partnership with Ondo Finance as well,
And these are just a few examples, right?
But I think having worked with several foundations
the beauty skills of this team is really unparalleled to me.
And plus the fact of how supportive they are and forward
thinking they are and uh i do think that there's a a really crazy stay season coming up so um i
think things are shaping up really good for for the ceco in general nice one thank you for that
and i agree uh say i'm a big CE fan and token holder as well.
Now, I've got one or two questions left
before we move over to our community questions.
So just a quick reminder for everyone,
if you have a question, you can leave it in the comments
And we're going to be asking a few people on stage.
So sort of one or two questions,
which you might see as one,
but let's move it into two different ones,
what would be the ideal situation
in the next 12 months, for example?
What are your key milestones
where do you see Rainmaker
in, let's say, five years
or six years or seven years
once you've had a couple cycles going on?
Yeah, let's start with the first one in around one year.
Yeah, so I think one year is a little easier to project right now than five years
when it comes to not just crypto, which is moving fast, but AI, which
is arguably moving a lot faster.
You know, what is the, you know, where are we going to be in a year?
I mean, I think just continuing to advance the power of what we can do and bring to AI
There's a number of companies that we're onboarding and starting to work with not just the big household names you've heard of but even names that you will know uh in three
months or six months that are building just crazy models and so i just think continue to advance
the work that we're doing there empowering more people to join our network that are
you know making meaningful money uh my vision is honestly like big picture has always been
you know how could we create a billion millionaires, right? I know that sounds funny to say is
like a billion millionaires, so a billion people that had become a millionaire because
of Rainmaker, right? Was kind of one of the original divisions that my partner and I had.
And, you know, when we would talk about it, and what I realized later is it's not about
having a million dollars in your bank account.
It's about like operating like a millionaire means that you're not worried about money anymore, that you're just doing what you love because you love it.
You're living your passion. You're living your dream.
You're not worried about how you're going to pay rent or how you're going to feed your kids or, you know, like the bottom of Maslow's hierarchy of needs pyramid, you're not
worried about that anymore. You're basically able to focus on self-actualization, like aligning with
your new, aligning with your purpose or your divine gift. Because I feel like every human has
a divine gift inside of them that they're here. And when they bring that to the world, you know,
I believe that's how we create heaven on earth. And I'm not like super religious guy, definitely more spiritual. But I think, you know, the vision for a year is
like, how do we get more people, you know, get better at even rewarding people and paying them
and compensating them in ways that, you know, they can become more empowered to find their divine
gift and bring that to the world.
That's been the big vision really since day one.
I like the way that you sort of compare it with religion
and say how we all have something divine in it, or how did you mention it?
Now, before we move over to our questions of the community,
because I see we've got quite a few,
are there some things that we haven't talked about yet, which are saying, you know, what people need
to know about this, or we need to actively say this to the community before we move over to the
actual community questions? I assume that's a no.
Sorry, what did you say there?
Whether there's something that you guys still want to talk about that we haven't discussed yet before we move over to our community questions.
So is there something that we haven't touched on yet?
Yeah, no, well, first, thanks for having us today.
I really appreciate coming on your spaces here.
And thank you, Derek and the sailor team.
Yeah, look, I think there's a lot of chaos in the world.
There's a lot of darkness.
It's easy to get cynical about what the future will be.
And what I would encourage people is remember that this world is being shaped by billions of humans making trillions of choices.
And those choices are being informed by the way that we see the world.
How do we choose to see reality?
I'm not saying to ignore the darkness or the pain or the suffering.
What I'm saying is that we have to hold on to hope that if humanity continues to build
and to fight and come together, that we will build a better world.
And I think that's, look, the stuff we're doing here, you know, does it matter?
Yeah, it does matter to an extent.
But, you know, there's people right now today that are facing, you know, hardship like most
And so what I would encourage is those of us that are lucky enough
to not be mired in that struggle to do our part,
to lift up the other half of the planet.
And I think that's our responsibility.
So that's the last thing I would share before we go to questions.
Yeah, that's really deep, JD.
Perhaps I have a more degen question for you which is when will the rain token hit 350 bucks?
Well, you know, here's the thing. If it does do that and a lot of people benefit from it, we would be happy man but it's honestly i think part of the reason i've done this for as long as i have and we approach it the way we do is you know it's that matters to me but
way less than uh other things do and i think you know if we do the right things with the right
fundamentals then inherently the value of the rain token will grow over time you know will there be
people coming in early as there can be sometimes when tokens go out
and price will go up and price will go down
and it'll go left or go right?
I mean, it's going to happen, right?
We know it's going to happen.
What matters to me is like,
You guys hear me? Oh, man. yeah no no it's just yeah what matters
to me is fulfilling the promise of of what we came to this planet to achieve and what i came
here to achieve like you know the price is of course it's you know uh for every token it
matters and i think we're doing the right things to uh we've we've we've engineered the tokenomics
and and done the work um you know we built a company we built a product we're doing the right things to, we've engineered the tokenomics and done the work.
You know, we've built a company, we've built a product.
We're not just like, oh, we've got a white paper and a deck
You could just, and some people are still launching stuff pretty fast.
You know, for us, like we've done the work
to build Rainmaker to this point.
I mean, we're in the strongest position as a company
The best product, the best product market fit, you fit, best everything really that we've ever had.
And I've been on this journey for, imagine, seven fucking years.
Like that's like in crypto, that's like 700 years.
Like I literally have, I should have died already a hundred times, but we're here and we're ready to rock this thing out.
And yeah, I mean, it's going to be, it's going to be good.
And I, and I appreciate, you know, sometimes we've got to keep it DJed and keep it a little more simple, Derek.
Of course, we love number go up, but I also can't control that.
And I know that, you know, we can do certain things at the end of the day.
You know, we put it in the hands of God or the universe or Allah or Buddha or whatever you believe in.
that higher power's hands
and we'll see what happens.
Just as builders, you know, you can
only hope for the best. Build what
your customers want, right?
And price follow fundamentals.
And they are definitely very early
days for you guys, which is why
the team at Sailor is also quite optimistic of
your projects roadmap and growth ahead.
Yeah, but I would like to use this opportunity to also
bring up more details about the IDO specifically for RAIN.
We have already announced that
RAINMAKER will be the first ideal project in the
pipeline um but just to uh you know repeat uh reiterate emphasize some of the details here
um the sale price of rain token would be uh 35 cents um and we are only raising a target raised of 100,000 USDC. It's a very exclusive and limited sale,
coupled with the fact that it's
only a 24 hour sale window.
So yeah, very, very limited slots available for users.
So for users who are interested to get some skin in the game,
basically how it will work is that you will enter
a seller's website and head over to the Lighthouse page
on the top right-hand corner.
Basically, once the sale window has opened,
you can choose to deposit whatever amount of USDC you want
that they are comfortable with into the IDO.
And then the final allocation of the RIN token
that you will be receiving will be calculated
at the end of the 24-hour sale window.
This is because your token allocation will be calculated
your own individual USDC deposit out of
the total USDC deposits of all users.
Basically, you get a percentage of
the total tokens raised in this IDO.
Any excess USDC funds that are not utilized
will be refunded back to your wallets.
It is also my duty to inform you guys of
the RAIN tokens you receive from this IDO specifically.
The vesting schedule will be as such,
25 percent unlock at TGE,
which earlier J.D. mentioned will be on the 23rd of July.
The remaining 75 percent will be linearly unlocked
over a span of eight months,
which means it's about 9.4 percent monthly unlock every month month after uh the tg yep so uh yeah this is about it and uh yeah
a hundred percent of the proceeds raised from the funds here will be used for uh deploying the new
rain slash usdc pool on sale yeah and uh i think uh we're really excited to launch Rainmakers IDO.
I really, really want to emphasize again, it's a very limited slot.
Hopefully, you know, we don't, hopefully we have priced the target raise appropriately.
But yeah, we shall see, right?
And see you guys in a few hours time.
I think the sale is opening up in six hours' time.
So, yeah, back to you, Sue.
Thank you very much for explaining that.
I'm excited to see you guys doing the sale.
I'm going to keep an eye on it.
Quick reminder for everyone to leave a follow on Sailor as well as Rainmaker to check it out as well.
Obviously, if you're new here and you're not following me, then I'd appreciate it if you follow me as well as rainmaker to check it out as well obviously if you're new here and you're not following me then i'd appreciate it if you follow me as well um so a couple quick questions wait
keep keep an eye on it no no no keep an eye on it that's not how you want to buy it we expect
you're going to be in there you know you're going to go buy it you better buy it we're going to watch
if we're not if you're not in there i'm coming to your house i'm just kidding kidding. Exactly. I want to be clear.
You keep an eye on a pretty girl that walks by.
Do a bit more than just...
This you better get on your knees and you better propose.
This might be the only chance you get, sweetheart.
Don't just look at the girl, but actually do something with the girl here, guys.
Now, a quick couple of questions from the community before we wrap this up. I actually have a good one for here, guys. You heard it from JD. Now, a quick couple questions from the community before we wrap this up.
I actually have a good one
I mean, obviously Wolverine.
That's not even a question.
if Wolverine were really alive
and a man, it would be me.
You heard it there, guys.
Now, next one by the user called TTK.
But they're asking something more in general.
Why are all IDEO shares not unlocked at TGE?
25% is unlocked at TGE and the remaining 75% is unlocked at 8 months.
Yeah, question to you, JD or Derek from Sailor.
What's the reason why people usually do investing on these things?
What's the reason they usually do investing?
Well, you want me or is it for Sailor?
I mean, it fits with the general tokenomics.
It's not fair. And I know that people in crypto invest, it's the most entitled investment
mindset I've ever seen in the world. People invest and they want refunds and they do this
and they do that. It's like every other place on the planet, when you throw your money down
at the poker table, you know, you win,
you block away with more money.
You lose, you lose your money.
And that's in investing everywhere.
Every investment I've ever done in my life,
and I've lost more than I want in my life
when it comes to investing in different things,
But the reality is, you know,
we had to be fair to everyone and being fair to everyone
means not just being like oh you just because you're buying in this sale you know now i mean
again if you want unlocked just buy it when it lists on the exchange and then it's fully unlocked
you don't have to buy it in the ido buy it when it lists on the exchange then you can be liquid
and you can move it whenever you want i mean mean, that's the simple answer to that, right? Yeah, exactly.
Yeah, wanted to also say,
right, like at sailors for rains,
specifically rains idea or at sailor right now,
it is also at a more attractive valuation for
some of the more loyal, say, ecosystem members.
Right. So, you know, for that,
I think it's really similar
to how traditional financial markets do it as well.
You know, when early investors invest
at a particular startup or late-stage company
at a more attractive valuation from the IPO valuation,
you know, they are subjected to unlock schedules as well,
you know, just for investor protection.
And I think we have also taken a look at
Rains tokenomics and emission schedules.
I think it is sufficient to say that
most of these unlock schedules for each of these stakeholders,
from the team, from existing investors,
everyone is subjected to some form of unlock schedule of these stakeholders from the team, from existing investors.
Everyone is subjected to some form of unlock schedule to protect the longevity of this project,
to make sure that this is not just a 12-month project.
Rainmaker is one for the decades.
So yeah, we're just putting in place
these unlock schedules for everyone's protection.
Exactly. Good answer exactly good answer good answer um now another user says why is there no centralized exchange announcement yet
there actually is one that's about to happen in the next hour
oh my my oh my nice one yeah there Yeah, there is one about to happen.
Yeah, the biggest one that we're going to make is about to happen in the next hour.
So, yeah, exactly what you said is they shouldn't keep an eye on you,
but they should be actively busy with you guys for the coming days at least.
Now, one or two left before we wrap this up completely check this one has already been asked now how will Rainmaker leverage the IDO to enhance
liquidity for rain and which DEX platforms are you prioritizing for
listing so pretty much we briefly talked about it how an IDO can help you guys
with liquidity for rain itself.
Which DEX platforms are you prioritizing?
I think we know the answer.
On the base side, we will also be listing an airdrome.
But yeah, Sailor is the focal point right now.
In terms of DEXs. nice one all right then the final one and that is what marketing plans do you guys have
for the near future oh what marketing plans do we have yep or do you have any plans in regards to
marketing once no we thought we thought we
thought we just stopped talking on twitter and just kind of let things go where they go
no no nothing at all no let's just sit back and be quiet no i mean look i the idea is marketing
is supposed to be an extension of organically of the expression of the company right there's the
there's the expression of the brand and there's the expression of the product, right? And then there's also engaging with community. So to me, it's like marketing
in its purest form and its best form is really just the company expressing what it is and
what its mission is in the most potent way possible. But I mean, obviously, we have a
lot of partnerships lined up. We have real, our base of, I don't know if you guys saw in your community, if you go look at our X, we put out some pretty fire videos on there.
So you can check those out.
But the ecosystem partners we have, even in the decentralized AI space, is pretty significant.
You know, it's Aether, it's ZeroG, it's Sahara AI.
It's like some of the biggest companies
that are doing stuff in the decentralized AI space. So yeah, I mean, I think we've got a ton
of partnership stuff cooking. We've got some more enterprise AI, you know, stuff like Google level
that's coming in the coming days and weeks, you know, and we'll keep doing, keep cooking like we
have been with the videos we've been putting out.
Like our team is just, and I would be lying if I didn't tell you that I'm in there in the foxhole with them, in the trenches, putting together or contributing to some of those videos just because it's something I personally love doing.
So, yeah, we actually kind of pride ourselves on the stuff we're doing video wise. We feel like is, is definitely on a, on a certain level right now, but yeah,
I mean, just continuing to do what we do, which is, you know, uh,
be a leader in this decentralized AI revolution.
Got it. Got it. All right. Thank you. Um,
I think that, um, that wraps up the AMA in all honesty. Um,
I want to say a big, big, big thanks to both of you, JD, as well as Derek, for being here.
And, yeah, was there anything left that we haven't talked about yet?
No, I think we covered the bases, man.
I mean, thank you for having me.
I think the only thing left to say is uh let's go make it right
exactly let's go make it rain um i see sailor um uh sort of rejoined but um no absolutely let's
make it rain like you said keep an eye on sailor and do a bit more than that and actively um be
involved in the sale as well um I appreciate you guys for being here.
Very well talking with you guys
and explaining what you guys are doing.
I'm going to keep an eye on it
and join the sale as well.
And a quick reminder to everyone
And then, yeah, let's see what's going to happen.
Let's make it rain let's make it rain baby
200k before the end of the year
okay you hit it there first baby
bitcoin 200k let's make it rain
have a great day everyone
thanks for tuning in and see you guys at the next one thanks guys bye bye