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Science GOES BRRRRR🧠🔬📖
Recorded: March 14, 2025 Duration: 0:58:00Space Recording
Short Summary
The discussion highlights the launch of a new token, Megapy, which is integral to governance and funding within the decentralized science ecosystem. Innovations such as conviction voting and streaming funds are introduced to enhance governance and funding mechanisms. The project seeks contributors to support its growth and aims to transform competitors into collaborators, fostering strategic partnerships. The token launch and associated mechanisms are designed to provide sustainable funding and yield benefits to participants.
Full Transcription
Hey, how's going? Okay, let me...
I've shared the link on our telegram.
And let me share it.
So let's wait for a couple of minutes before we start discussing what hyper decide and what we're building.
And let's try to share it.
So I'm trying to share the spaces and I'm not sure if I'm succeeding with it.
I cannot figure out how to do repose.
Anyway, so today is our ability first test spaces
and in the next weeks we should conduct tons of spaces explaining what's going on
and what we are building.
And to do that, we have to do tons of marketing on X in advance, ideally inviting projects, collaborating with the projects.
So, Rahan, do we want to share your perspective on what will happen with the Hyperdisi in the next several weeks, months, years, tens of years?
Yeah, happy to share my vision.
Thanks for joining.
So this happens to be actually my very first space that I host.
And well, I'm excited both in terms of this first experience of mine
and actually having launched our token day.
And so at the moment we have a tool
that would allow us to propel our vision into the future,
or at least experiment and play around with funding and governance
to advance science in the direction that we believe is the most appropriate for decentralized science.
And to do that, we actually have a few core innovations in mind that are
drastically different to what we currently see in this eye.
So I personally have been in this eye for almost four years now since almost the very beginning.
And I have had this wonderful opportunity, unique opportunity to see how this I feel evolves.
And I've seen many examples of governance and funding and all kinds of dynamics between projects and within projects.
And I have had this feeling, this gut feeling that something is off.
because what we see in this eye at the moment,
what we see in this at the moment is,
for the most part, is very, very much alike,
is very much akin to VC funding.
So projects, they apply to various DISA DOS
that do one-time funding for a project,
and then they
support the project from a distance, basically waiting until the project produces some intellectual property,
then they either fully or partially possess the intellectual property,
tokenizing it and kind of generating value to the DAO members, the token holders, and to project
creators.
So this sounds very much similar to what VC funding is about and we believe that this I can offer
much much more.
So yeah, with that in mind,
We have held a series of experiments starting early last year.
And at first it was a funding mechanism utilizing the Gitcoin framework.
And I personally have been involved with Hyperdisi since I think January or February last year when
when Rod Mamin from Luka Space approached me with an offer to participate in one of the very first funding rounds.
And at that time, he told me that this hyper part
is actually uh actually stands for a hyperstructure and it's very interesting because
hyperstructure is a like a mathematical concept and i was kind of intrigued how something uh
as abstract as a mathematical concept can be applied to um to real world um like entities and processes
such as science and this in particular so yeah and i have actually uh
a question for Rod.
So I wanted to ask him what hyperstructure means for him and how his vision actually evolved from those very first experiments up to this point.
Thanks for the questions. So yeah, let me introduce myself one more time.
That's Rodmanin, founder of Lunko behind.
Lunko KFP.
I'm that three native space engineer for, I think, almost exactly three years.
I've been in crypto for, I believe, 10 years.
And I thought that I know that unless I started Lunko three years ago,
I had actually no idea what it is about.
So, um...
My background is software systems engineering and I've always been passionate a lot about open source.
So the person who use open source a lot who wants to make open source, like the results of what I'm working on open source,
I've always been interested in finding and
like how Linux, how Wikipedia that clearly made a huge impact on our world could work.
And at some point in time I learned about Gitcoin about the way how it works,
and I started to participate. I participated in a couple of rounds with my project.
And I've learned a lot about tons of novel mechanisms.
And at some point in time, I was,
someone introduced me to a concept of Web 3 hyperstructure.
That's pretty interesting idea and it feels like
that's the right way to provide support for scientific research.
Because at its course,
hyperstructure is the
thing that doesn't require maintenance compared to regular webto activities like a website.
And that's something that one started can capture value and distribute that value among owners.
And that's kind of pretty similar to the idea of how intellectual property works.
But also with its hyperstructure is tuned to the world of open source.
So one of the ideas behind of the idea of hyperstructure is in the property of a protocol that is free but also available at the same time.
So scientific research after all,
they are published in a form of a paper and some additional materials like models like data.
And with the blockchain, we can use tools like IP and NFTs, like basically NFTs,
to capture the value and then
those pieces of information and in the age of air now we live in that age of a
those pieces of information that scientists that engineers gathered and collected and put into
common access that's actually where value comes in our society where AI would be
everywhere where agents are everywhere so hyperstructures
that idea inspired to on creation of a framework of so-called CCJF framework,
continuous convertible grants framework.
And that's actually in science, one of the biggest problem is that we always,
it's not even just about science, it's everywhere.
We have gators, like often people who make a decision
if you are qualified or not, like in case of Web 3 grants or in case of maybe a broader idea of finding research.
Especially with finding research, it's really hard to predict what research, what impact would make.
So...
making a decentralized community driven mechanism where a scientist actually have to do kind of peer review of
projects that works at the hyperstructure. That's the inspiration behind the CCJF framework.
So I hope I've answered your question about the hyperstructures.
What inspired you and why you like the idea of hip structures and why you want to actually
summon hyper hyper decide, like why you summon in a hyper structure to fund the decide?
Yeah, I mean that's a great explanation. Yeah, thanks a lot for this. And so CCGF stands for
continuous convertible grants framework and so we mentioned previously that it has been inspired by
convertible node introduced by a white combinator so it's actually a pledge for projects
when they reach certain like level of maturity or certain level of independence to actually
give back to the ecosystem to the community and we wanted to
To employ this principle.
So because we believe that like this concept is very fit, it's very appropriate in the context of decentralized science because decentralization is in a way
one facet of the Web3 ethics and the others being permissionless and being democratic.
And with Web 3, creators and scientists in particular,
they have this option and privilege to actually not only contribute to the public good,
but like own some of the things that they produce,
unlike in the real world, unlike in traditional science.
So yeah, with this in mind,
We believe that, so when projects are not like stand alone,
they're not like struggling to make ends meet on their own,
but they are reliant on other participants of the system.
So they,
can always kind of fall back on the nodes,
on established nodes that are already present in the system.
So that makes the system, the overall system more sustainable.
So it's not like doggy dog, like cutthroat attitudes to like getting successful.
No, I mean, it's like when projects can help each other.
So and with the CCGF, we kind of see this framework where
At least, initially this can be implemented as an experiment and to have that, to realize that we launched a token.
called Megapy that would power all the decision-making governance processes and funding processes within the ecosystem.
Yeah, and so basically we see this as a sandbox as like playground to test out like some of our ideas,
some of novel funding mechanisms.
Yeah, such as such as streaming quadratic funding.
So this is like one interesting approach to fund the projects.
And other, like other new, one other new thing that we want to try is actually a novel
voting mechanisms. So unlike this simple, straightforward, token-a-vated governance, token-weighted voting
that most decide does use, we actually want to use conviction voting. So it's a bit different
approach and it actually makes the governance more robust. It makes a civil resistant and it makes
basically are anti-wale. So even with like some modest amount of tokens, you have this like tangible
weight in like in making a decision. So so this this approach is is what sets our vision apart from
what we see taking place in this at the moment. And so to
To continue with that, I actually want a road to talk a bit more about streaming quadratic funding and gardens because that's the innovation that has only been around
for like for a few months and it's very very new and I want to ask Rod what is in his opinion
setting those mechanisms apart from what we have currently yeah for sure so a lot of things
has to come together for the system to work and
Gating is always the problem. So conviction voting the idea of conviction voting is pretty simple.
Your vote value changes in time and you can use different curve often curves that that does it often
The simplest way is a linear curve so for example
like you set a parameter where it could be like a couple of days or a week that and
proportional to the past time
That will be your vote to this in the system and such an approach could be used to it's almost perfectly
turned to to vote for projects because often
If you want to support some projects, often you learn once what project is doing,
like, oh yeah, those guys are actually doing great things.
And after that, you just forget about the project.
So you've assessed if the project is correct and you forget.
Conviction voting is tuned for such applications when people from time to time,
like occasionally they jump into the system, they check what's going on,
they distribute those votes and then, so that mechanism is potentially an answer on
on the existing gating mechanism by
by introducing that continuity in time.
So that the first step to assess the quality of the projects.
And then once the projects get enough conviction,
once enough people give them votes for them,
those projects they will get on the round,
so the first experiment would be to distribute
some funds among projects through streaming QF. So streaming QF is another part of the framework,
of the framework. So the idea behind the streaming QF is that once, so that's another, another, another part and
Once projects are on the round, they would start getting some funds from the Treasury in a streamed way.
Like the whole concept of streaming is really amazing.
It's like you get a portion of tokens every second.
It's almost like celery, but with the salary when you have celery,
The funds, they are given you like two or three times, like two times a month.
And with the streaming, you have that all the time.
And the proportion of how much funds your project receives from the treasury is defined according to a quadratic formula.
So, supporters of your projects would have to vote for your project with the donations.
that they made in tokens.
So those two mechanisms, they come together addressing bottlenecks in existing decentralized,
so-called decentralized grants distribution systems.
And all in all, those mechanisms, they form a system that potentially have so-called
called heterostructural properties.
And if you are correct, then such a system could make a huge impact significantly transforming the way how
humanity works on scientific data.
But we will see, we will see.
Right now we are at the early stages exploring the basics of the framework and how it works.
Rahan, how you think we should, like what are the eligibility criteria for the projects should be?
And can you share a bit about the manifesto and the way how the projects would have to contribute back to the Treasury?
Yeah, sure. So our initial vision was that, yeah, so there's going to be a system,
there's going to be this framework where projects get funded continuously. And after having had
received support for a certain amount of time, maybe a year, maybe more, and when
a project becomes sustainable.
So we expect the project to actually contribute back to the ecosystem,
back to the treasury so that we can fund even more projects.
So this will represent like a fly will affect and
And thus we will be able to support more and more projects.
So of course we do not expect to, we don't expect every project to be successful.
However, however, we want to establish this framework where failure
where not reaching set milestone is an option.
So because I personally believe that
there has to be a room for error in science.
And this is actually the core of innovation
and like some of the like scientific
results and scientific insights, they may not even make sense at the time when they are obtained.
So a certain amount of time has to pass and a certain context has to emerge for those results to make sense.
And that's the...
which so this is actually what drives science okay so and the scientists and
entrepreneurs in particular they must not be afraid to fail because it's like a
trial trial and error kind of thing and so they they try new thing that kind of
that has an immense potential but high risk
high risk, high reward kind of thing.
So yeah, and they need to be willing to undertake,
like to assume this risk.
And current mechanisms, they are not as permissive in this regard
because everyone has to be successful.
Everyone has to pay back.
Everyone has to think about their investors.
So this is very detrimental to scientific
advancement in my opinion.
So that's why I was very eager to either build or see build a framework where science can
try things, try new things and maybe be wrong occasionally, but not be afraid and do science
as it is supposed to be done.
Yeah, with this in mind, yeah, so when projects apply for funding, they need to assign a covenant. So covenant,
Basically, it's an honor code which states that once you receive funding and once you receive support, eventually, in case you are successful, we expect you to contribute back to the community.
And initially, at this point,
It's not like something legally binding, you know, it's something that is expected.
And this is basically the only requirement for a project to participate apart from project
qualities themselves.
So as far as projects are concerned, yeah, of course, there has to be like certain
requirements to meet. So, foremost, it has to be this tie aligned. It has to show some potential,
so it has to show some merit. So the
project authors, they have to be willing to share updates and maybe answer some inquiries.
Well, yeah, I mean, but apart from that, I mean, well, we don't envision any legally binding agreements.
Okay, so it's more like, so the whole.
like premise is based on the assumption that the honor code will be adhered to and that that is what we expect from from the projects and so the covenant and the manifesto they are just like
Like very simple down-the-earth documents that everyone can refer to to get the idea of what CCGF is about.
So for more advanced vision, we invite everyone to read our white paper.
And yeah, with that in mind, I mean, we envision like an ongoing experimentation with funding mechanisms
and seeing where the whole system is the...
is directed towards, so are we going to see those returns or are we going to see a lot of interest from projects?
So will there be a necessity to tweak some of our parameters?
So the time will show that.
Yeah, but at the moment, at the moment, so it's very, very beginning today.
We're quite hopeful and we are looking forward to actually start doing things and we invite
everyone who is this airline and who has a project to apply actually for our initial
rounds that we will announce very, very soon.
Yeah, that's our initial vision.
Yeah, and like building on that, I actually have a few questions to Rod.
Okay.
So in your opinion, so what types of this type projects do you think would benefit the most from our framework?
One moment. Yeah, I'm proving you.
Hello, hello.
Yes.
Okay, I'm back.
The last thing that I've heard, what type of decide projects?
It's a good question.
We need to...
start I believe promoting like those it definitely has to be strong projects with the
potential to be interested to the audience so I don't know I have no idea frankly
speaking it'll be on our side to
settle the process and actually we already have the process so projects already can apply
yeah by the way I think we are experiencing some some technical issues can everyone hear me
oh okay I see like thumbs up okay excellent
Well, yeah, so apart from all those documents that we have, yeah, by the way, I actually invite everyone to visit our website.
It's hyperdecide.xyZ, and there you can find all the links to our documentation, and you'll be able to find links for our application forums.
So in case you're interested in...
In trying out those funding mechanisms with us,
so we invite to fill out these short forms,
and we will reach out to you and discuss how we can be helpful.
So this is one thing that we have in mind
to kick off very soon and we're setting up our governance mechanisms on gardens,
which will allow us to use our token to implement conviction voting.
So this will be done in the coming days.
And once we have all our processes ironed out,
we will be able to actually start our initial experiments.
And since this is, so since everything is in its like infancy,
So we envision like some fiction in the processes.
Yeah, but no one has ever done anything like this before.
So we expect certain hardships.
Still, once we know how everything
works and how to make everything runs smoothly, I believe we'll have more bandwidth to accept
more projects and with subsequent token sales, we expect to attract more funds into the ecosystem
that we will be able to give away to projects so that they fulfill their vision.
Apart from that, apart from that, yeah, and we are in a dire need for helping hands.
So if you have any intention to contribute to the centralized science in any meaningful way,
we actually expect to actually invite you to reach out to some of
the core members of the project via our communication channels and offer your services.
So this may require like a few hours of your time initially in a week, but your contribution
with greatly, greatly help us in
in streamlining our processes.
We believe that one of the key metrics,
one of the key things that is crucial for a project's success
is that everything is clear, understandable,
and with as little friction as possible.
So by helping us refining our processes,
you are actually
furthering our vision and this will benefit the decide in general.
So, I see that you're back.
Do you have anything to add regarding our next steps in the coming weeks and months?
Yeah, sorry, I mean, yeah, I granted you the access.
Oh, okay, excellent.
Yeah, yeah, excellent.
So we have established basic governance basic token so in the next weeks we will set all the processes
now with the token we finally have access to a great tool that allows to easily reward
contributors and supporters of
like those who help.
Mostly at this point in time, promote hyperdiocytes.
We need their hyperstructure to grow.
The more people know about the initiative, both like scientists and engineers,
founders of scientific projects, especially the strong one.
the better for everyone, but also on the other hand, we need support from people who are providing capital.
So all in all, we have a mechanism that get those two groups together.
And ultimately it all ties to marketing and promotions.
So the next week mostly it'll be about marketing and promotion, promotion and marketing.
And business development, established new relationships with existing organizations.
And actually there is pretty significant, I'd say, like that interest.
even without actually doing any significant announcement.
So, yep, yep.
Oh, that's quite interesting. So are you able to share some of those connections that you have made so far?
And the interest that has been expressed from like more established projects for hyperdicy or is it like something in the works as of speaking?
That's definitely in the works. So there are several projects that had similar ideas.
And we are in touch with those projects. So at first glance, it looks like those projects are competitors.
But actually the whole point of
the way how hyper design and CCGF are structured is to turn those competitors into collaborators.
So today we had a conversation, a great conversation with a pretty similar project that understood the whole concept of CCJF
and found that, well, according to that project, CCJF is the first framework that they've met
that actually addresses the problem of decentralized eligibility check.
Because in all sorts of finding mechanisms, there is that gate mechanism related to eligibility check.
and often because of that dating mechanism because of that bottle,
because of those bottleneck, those mechanisms, they cannot be truly decentralized.
So that feedback from a well-established, from a long-term goal-established project
is actually pretty inspiring
So the guys definitely found that we have one strong point and they've pointed to all sorts of issues and weak points of the system that we have.
But we are happy to address those issues, we already been addressed those issues like one of them.
We already have support, so most probably with the hyperdice and megapai we will get on their gardens round on GitHub,
which also would provide some funds to treasury.
And with the funding distribution mechanism, that basically means that those funds would go
who would support projects that would be on the hyper decide round.
So, yeah, the main question is that we have to keep moving pretty fast,
but also not too fast.
And also, D.Ci in Web3 is
pretty small nowadays. So in general there are not so many projects and the great,
the great, that's strong part of hyperdice and CCGF is that the framework allows to quickly
onboard new projects and to grow the ecosystem. So
Again, marketing, marketing and that's amazing because we have everything in place.
All the parts of the system, we are heavily relying on two existing services that lives natively on blockchain.
And by the way, that's also a great case of how token works.
So today we have created a pre-token for...
for a megapai, so-called X Mega Pi.
And with that token, now we can use two services,
one service called Gardens.
And with the gardens, we can provide all the necessary governance.
Having our token heavily means basically that to get access to governance.
people would have to stake their tokens and they would have to like 10% of the stake tokens that goes back to the treasury.
So that's actually pretty harsh requirement if we talk about Web 3 like in Web 3. It's very very
rarely people take away like even a portion of your funds so often you just have to stake for a certain period of time
and in case of hyperdicep and Megapy
actually 10% of all the stake funds will go to Treasury
and that's great for the projects because that's one of the mechanisms
how Treasury would get more tokens
And actually that's great for everyone for all second holders as well.
In general it creates some pressure curves.
It returns back.
It removes tokens from the market.
Also with the streaming QF, donors would have to vote for the projects with the tokens, which
provide additional upwards pressure on the token.
So there are plenty of mechanisms that should balance the cost of the token
providing projects with sustainable funding, yet providing returns for supporters.
But there are tons of things that could go wrong and the system easily could become unbalanced.
So it will take several iterations, several experiments to get to the point when the system works and become sustainable.
So the most important part for us would be to do promotion, promotion, and get more projects supporting the system in all.
sorts of way. So we have 12 more minutes, so we are on top of the hour.
And with that, we should start thinking about finishing the spaces.
So what you want, how would you like to finalize our conversation?
Oh yeah, yeah, thanks a lot. I mean, for your input. This is very exciting. I mean, and I want to say that although I'm not like the main person behind HyperdisiI, I joined Hyperdice like like a year ago, but I've been with the project since almost the very beginning, participating in
all of these experimentations on Gitcoin at first,
now with this token launch,
and I have very, very high hopes for the project's success.
And I want to contribute my time and energy and expertise
to make it work because at the end of the day,
when this I wins,
I, as of the scientist and my colleagues, we also win.
And there's a reason why I chose this eye over other professional career avenues like traditional
science or industry.
I saw that those.
Those professional outlets, they have their own merits, but they may not be optimized for
true scientific innovation.
I see that this is quite flexible in this regard and we just need to kind of help it.
through innovative, like bold thinking.
And we need to implement mechanisms.
We need to try and kind of come up with the solution
that would like satisfy everyone.
And this is like partially what we are here for to try things.
And to come up with the framework that
That is most beneficial to science.
And I invite everyone to join us and together,
together we can do great things.
Yeah.
Thanks, thanks everyone for their time.
And you know what?
I occasionally speak with VCs and I
I noticed that they tend to ask same questions.
And so basically these are the questions that come from the Y combinator playbook.
So, and like the most, the question that I come across most of them are what success looks like to you.
And given that you have all the necessary funding, what would you do?
Okay, so success for me is,
is actually being able to work in Dysai full time professionally and kind of
and not feel myself as
as an outcast as a freak because still this eye this is kind of niche thing and I would really
really love to see this eye as this viable option viable alternative to
traditional science, academia and industry.
So a place and I pretty much in like every space of mine.
And so whenever I meet new people in this,
I kind of tell the same thing.
So I see this site as a place where people can work, earn,
aspire and achieve. So I want to see this as this real, tangible, like professional endeavor.
So if everything goes well, if we're successful, yeah, I want to see this eye as this
as this like a new way, new path for professionals all around the world.
And I'm personally based in Asia and I'm like very, very far away from those like scientific
centers of the world in the United States and Europe.
And still, still I can work at this.
I can produce meaningful.
research and I can publish and this I has this power to actually mobilize people all
around the world so that we all work together towards this shared vision of our bright
future okay so yeah with this I want to pass the mic to Rod for his final words
yeah actually it's great that your type of such an important idea decide at its core
That's the idea that people can work together remotely and conveniently and with the CCJF,
a lot of things related to governance.
They're actually also designed to address a lot of issues with communications.
Like when we work remotely on the global scale, being online at the same
time that could be nuanced because I spent most of my last three active years in other three
in Asia as well and it's really hard to synchronize with the people who are in the US and even in Europe
but also even with the people who are in the same time zone because everyone has their own
speed they have they have like their own
rhythm of their life. I even heard that there are people who like have a not 24
hours a day cycle. So being able to efficiently communicate in a synchronous manner and
being able to to
custom laws in an asynchronous manner, that's pretty important.
And yeah, just actually creating an efficient system that allows people to work together on the same goal
without jumping on the calls again and again and again.
That's pretty cool.
Unfortunately, we still need Twitter spaces and we have to show a lot on spaces.
Soon, hopefully we will have a pretty advanced agent that could show on spaces for us.
But I'm not sure if it makes sense, because if we'll have such an agent, that everyone will have agents and shilling just won't make sense.
But yeah, maybe other things, like understanding of how economic works and how valuable things would work.
So we're on the top of the hour.
It's just at the beginning.
Thanks for everyone for coming.
Thanks Rahan for hosting.
So thanks everyone.
And yeah, stay in touch.
See you soon.
Any last words, Rahan?
Yeah, yeah, thank you everyone for joining and please visit our website.
It's hyperdiscite.xyc and all the links are there.
Yeah, thanks, thanks a lot and goodbye.
Thanks, bye.
