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Telegram groups with skin in the game? You guessed it, TeleFrens.
Recorded: Dec. 18, 2023 Duration: 1:09:21Space Recording
Full Transcription
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I'm just excited to have this chat, man.
Flu, flu, ca-choo.
Candy, maybe it's just me and you.
All right. Can you hear me?
We'll start there.
I'm so glad to see you today, Joe.
How do you pronounce your last name?
Is it Bjornsson?
You nailed it.
Let's go.
Yeah, that's a rare to find somebody that gets a first try.
Yeah.
No, dude, the reason I was silent for so long is because I had to go on fucking YouTube that shit and be like, how do you pronounce this?
Wow, I appreciate the dedication, you're a gentleman and a scholar, I mean, literally a scholar, I had to look the shit up, right?
Impressive.
All right, awesome.
All right, awesome.
All right, well, we got Rude Moose up here, we got Joe, no relation to anyone's madre.
We got Cher in there, Mars, Telefriends, Luna, Chibi, Bjorn, I guess.
We got Intrepid, B-Bands, Ultraviolet, Trustless, Knox, and The Beginning.
So if I just said your name and you have not liked and retweeted the space, you're in trouble.
You're not eligible for the giveaways.
Are there giveaways today, Joe?
I don't actually know.
I think you just volunteered your own wallet for that.
Yeah, I volunteered my own wallet that is funded by Collabland.
Yes, exactly.
That is exactly what just happened.
And you will receive an invoice later on today.
I'm also in the shower.
I don't know if you can hear, like, the water or anything.
This is a top priority for me.
This is, like, the show must go on regardless of personal hygiene status.
Add some extra ambiance, right?
I think it adds some extra peaceful tranquility, the water flowing.
I'm naked as a jaybird, but you know what?
It's keeping things sexy.
I'm still excited.
I'm still excited about Telefriends and about Collabland building within the space.
And we've got Joe here.
And Joe normally sits in the audience and just listens, right?
Now he's up here.
He's confirmed that we're going to go ahead and give out a prize.
I don't know what the prize is because I just made it up.
It's so exciting to me personally.
Anyway, Joe, go for it, bro.
Start us off.
What are we doing today?
What are we talking about today?
And tell me, am I going to be done with my shower before the end of this space?
I have no idea.
I don't know how diligent you are with cleaning yourself.
However, I still am very excited to have this conversation.
And since this is our podcast, we can talk about whatever we want.
But what I want to know, Mr. Flew, is what are you most excited about with Telefriends?
And how do you see Telefriends affecting the way that you engage and potentially monetize your community?
Well, I never like to think about it in terms of monetization because I think that proper monetization should be done always by aligning incentives, right?
And so that means that if I'm making money, then the people who are supporting me are making money.
Or if I'm getting rewarded for something, that means that the people that are supporting me are getting rewarded for something.
And that's always how I like to play things.
That's always how I've played things.
And I've taken L's in the past to prove that point, right?
And so I think that what I'm excited about, about the announced stuff, because that's not the same thing as what I'm actually truly most excited about,
because that's still secret, which is the whole billboard thing, right?
But the thing that I'm most excited about that's been released is this copy trading bot where I can, like, send Mars a DM and be like,
Mars, I'm aping the shitcoin.
You can see that I'm aping the shitcoin.
I've put my money where my mouth is.
Do you want to ape the shitcoin with me?
It's kind of like a Frozen moment where it's like, do you want to ape a Ponzi?
Come on, let's go and play.
We might lose all of our cash and whip our ass, but that's okay.
You know, like that sort of thing.
I don't know.
It's just, that's me.
That's me.
Joe, it could be different for you.
Wow.
Joe left.
I sang and Joe left.
That was...
Holy shit.
That was amazing.
Rude.
I'm...
You want to talk about rude?
Oh, my God.
I mean, I'm here for the song.
This is totally good.
I thought...
I mean, like, honestly, Rude, I thought I did...
Yeah, you killed it, and I feel like I'm going to have to download this recording and save it
so we can have this for future adventures because, oh, my God, I love it.
I'm going to sample that.
I'm going to send it out to Abel Okugawa.
He'll put a beat behind it.
We'll get it done.
And Abel Okugawa is down in the audience.
Abel Okugawa is one of these that I'm actually super excited to see the potential of TeleFriends,
specifically because he's actually an artist himself.
And so I'm really, really looking forward to some of the uses that artists are going to put towards this.
Because up to this point, artists on SoFi have had very limited opportunities for this, right?
They've had to work through a lot of...
Man, Joe, don't you even fucking unmute, bro.
You left as I was singing.
I'll never forgive you.
All right?
But Abel, if you wanted to come up here and maybe ask Joe some questions, get him to leak some alpha about how this could be used for artists, I would really appreciate that.
But before then and before Abel jumps up here, B-Bands, B-Bands, you sound like an artist or something yourself with that microphone right next to your name.
So what's your story and what are you doing up here and why are you interested in TeleFriends?
B-Bands is amazing and I'm so glad she's joined.
Oh my gosh.
Fangirling a little bit.
Hey, everybody.
How's everyone doing?
I actually...
The reason I hopped in was I was...
We talked to Collabland before and I just...
I kind of wanted to know more about the Telegram and what's going on with this...
The TeleFriends, so that's kind of why I was, like, hopping up because you guys were talking about all kinds of weird stuff and I was like, okay, I don't really know what they're talking about, so I'm just going to hop in and see if somebody will, like, give me the download, kind of explain what the TeleFriends is.
Yeah, let me see if I can find the tweet.
That's fire.
Because B-Bands was on when Collabland joined the Rack FM Twitter spaces last week, so let me pull that up while Joe, maybe I'll let you do the explaining while I do the searching.
Joe, you all right?
You sound like you're in the shower now, except for you just don't have the water running yet.
It's a weird flex.
Joe?
You good?
Well, B-Bands, I'm going to go ahead.
Joe, can you speak?
Joe is getting absolutely wrecked by his internet connection.
Ladies and gentlemen, either that or I can't hear him.
Rude, can you hear Joe?
I cannot hear Joe.
Joe has noted.
So I think what happened to him is the same thing that happened to me when I started this space where it just wasn't letting me talk.
And I was a little sad about that.
So maybe if Joe leaves and then rejoins again.
Maybe that's why he left and rejoined the first time.
Anyway, B-Bands, I will tell you about TeleFriends because I'm kind of qualified.
We'll see how it goes, right?
So TeleFriends is a social finance app that's not really its own app.
It's building within Telegram itself so that you don't have to download, like, new software.
You don't have to do a PWA.
You don't have to do any of this other stuff.
You can do everything within Telegram.
It's like one of the Telegram trading bots but very different in the way that it handles security and a bunch of other details.
But what it does is it allows individual creators and content creators.
I'm like a shit poster kind of and a comedian.
And actually, I wouldn't call myself a comedian because most of my jokes aren't that good.
But I am a content creator specifically for Web3 Gaming and associated things.
And basically gives you more ability to engage with your audience and interact with your audience on a financialized level,
whereas you can actually customize that interaction quite a bit.
And Collabland is very much looking to incentivize people to come in and interact with you.
And so it's kind of one of the best opportunities on the chain right now, in my opinion, for that alone,
for the fact that, like, Collabland and I, Collabland and you, Collabland and Abel,
all have that sort of aligned incentive approach like what I was talking about earlier.
Joe, can you speak now?
I can.
And I have to say.
Oh, my God.
Beautiful voice.
There is not much that makes me sadder than knowing that I missed hearing you sing in the shower.
So I'm going to have to go back and listen to this recording later.
We'll download the recording.
It'll be good.
Sorry about that.
I have no idea what's going on.
It's not my internet.
It's just Twitter decided to, you know, throw me out and knock me around.
Well, B-Bands was kind of asking, what is TeleFriends?
I gave her a quick overview, but I'd love for you to give, like, the period correct pitch.
Yeah, when James was a guest on their Twitter spaces, he went super Dow Dad in the technical side of things.
Yeah, he did.
It was very philosophical.
It was great, though.
I loved it.
I loved every moment of it.
So not so much Dow Dad, but maybe Dow Son instead?
Yeah, bring those vibes.
Got you.
All right.
I'll see what I can do.
In essence, and we'll get into some use cases and some fun stuff, but in essence, we're talking about the first ever Telegram-embedded Socialfy platform where your community can join into your group.
And the access is actually built on a bonding curve, so as more people join in, depending on the settings that you choose, they'll be able to – your passes will get more expensive as people join in.
And you can provide exclusive content, all kinds of other utilities to come, including the copy trading links that I think Flew had mentioned a little bit earlier before his song that he sang.
I hope that was a decent summary, but would love to dive into why everybody is pumped up about it.
And what – especially I wanted to ask Flew and B-Bands as well, what are you guys planning on doing with your first Telefriends group?
I was actually thinking of just joining one first, test it out, see what it tests like.
You know what I mean?
See if it's, like, something I would want to do before I just started one.
That's to be honest.
Oh, come on.
You got to take your risk.
I like trying things.
No, I like to try – like, I like to, like, you know, hey, let's see – I see what you guys are doing.
Let's check it out.
If I like it, I hang out.
I like that.
If I don't, then I can't just go and do – my brain, it doesn't work that much.
I'm not going to lie.
I like B-Bands approach here.
What did you say, Flew?
I like B-Bands approach here.
I love B-Bands approach here, actually.
I think that a lot of people during the SoFi kind of stuff so far have jumped in without plans, and they've left disappointed, right?
They've left with, like, no real, like, I guess, impetus for success.
Like, there's no way for them to know that there's a path to success there.
And I think that Abel is a really great example of that, where, like, Abel jumped in, and then he just made it work for himself.
But certainly no one, much less the company, taught him how he could make this work for his brand.
And I think that it's pioneers like that that are, A, very important, but also, B, like, not everyone wants to be a pioneer.
A lot of people want to follow established routes to success.
I'm not sure why it muted me there, but whatever.
Abel, would you like to talk about that a little bit?
Abel, would you like to talk about that a little bit?
I think it's going pretty well because it's somewhat sustaining in some ways.
I mean, there's still people, you know, a good bit of people that are involved.
The key price is kind of nice at 0.01, which for me is a low price since I have, like, NFTs and things like that that are a higher-priced collectible or digital asset that you can kind of...
I really like the idea of taking what we already use and making it better.
And one of the things that I think is lacking in some of the infrastructure and why I haven't really explored further in this yet is, like, different file format deliveries and things like that.
Like, since I'm a music producer, I want to be able to send MP3s and high-quality audio and different things like that back and forth through my social file networks and things like that.
So, you know, it would be nice, like, I guess I've also used Lens.
Lens is, you know, what runs on Polygon and there's a bunch of different apps that allow you to interface with it in different ways.
And there was some, like, aspects of Lens that I thought was also pretty cool, but it didn't really pan out to be sustainable in that you can collect and mint all the different posts.
But it just sort of, I think it became a bit overwhelming or just, like, random.
Like, why would you, you know, mint every single post coming out of an account?
You know, it's, so I think that there's a lot of experimentation and exploration to be had.
I'm not exactly sure what you guys are building, but what I've heard so far is really interesting.
I use Telegram mostly for communication, and I have a lot of groups that I'm part of and a lot of different, like, backstage artist chats.
And I think that Telegram works, you know, fairly well for an alternative communication system.
So, you know, if something's, you know, being built that can be implemented there, I think that that's, you know, for me, it's really kind of an interesting place to expand on.
So, Abel, I'm curious, I really appreciate all those perspectives.
I want to know, from your eyes in the music industry, currently, what does the landscape look like for artists to have more intimate relationships with their fan base?
What is the best way that you've seen, and how does that potentially come into what we're doing here at Collabland?
Yeah, that's a good question.
I mean, I think the most famous platform that perpetuates that is Patreon.
I think in its name, the psychology ends itself to the supporters feeling like they're supporting the artists and the artists feeling like they have real supporters that they're connected to.
But I think there's still somewhat of a disconnect in there.
I think that's where the bonding curve is really interesting, taking that decision-making of, you know, how am I going to run a subscription?
Like, you're going to subscribe to what I'm doing and pay me a monthly fee, and then you just leave whenever you want to, and that's the end of it.
I feel like that's a really cheap way to interact, and it also puts a lot of pressure on the artists to provide content that continually, you know, influences people to stay paying their monthly.
So I like the trading aspect.
I like the ability to come in and out of the bonding curve.
I think that that's, you know, something that's pretty cool and special.
I'd like to see the blockchain being implemented in the support system more.
I think that there's, you know, great technology to use there for, like, receipts and provenance and all kinds of stuff like that.
I think that, you know, like Flu, I'm a part of, you know, Son Sound as a holder and experimenter and creator.
And, like, you know, now that that project's gotten pretty big, they're able to look at who holds what and sort of create puzzles and rewards and do all sorts of things.
So building that ecosystem up for a creator would be great so that that can be, you know, looked at and used at, you know, in a business plan going forward, you know, who holds the most tokens, like, you know, which tokens, all that kind of info being accessible is like taking the email list to the next level.
I think that, you know, those kinds of things are great.
I think giving, like, on the other side, giving supporters, like, a way to continually support more and more and more.
I mean, it's, I guess, potentially unlimited.
You could, you know, like, I guess if you say here's a platinum, you know, package and here's a gold and here's a silver.
Or what about the people that want to go past the platinum?
You know, like, having no limit on that.
I think that's really interesting, like, taking the cap off of that so that it just naturally shows who's really into supporting.
You know, yeah, I think those are a few of the things that I'd like to see progress.
So I know you mentioned that you weren't super familiar with Collabland, but that is essentially the Collabland bread and butter.
Here is token gating and visibility into that to make sure that you can see who has, you know, who has skin in the game, so to say.
So I think that's really cool that we arrived there with you not being super familiar with Collab.
So that makes me happy to hear that that need is still relevant.
But yeah, I appreciate all that.
And is there is there anything I mean, right now with with the music, especially obviously, Patreon is, you know, I know I've got a couple of people on podcasters that I listen to that I've their Patreons and, you know, different different key key opinion leaders in that space.
I can see why Patreon.
Joe, you all right?
Yeah, I fell off there.
Yeah, we kind of that your Patreon support, like disconnected.
Yeah, he mentioned Patreon.
They went after him immediately.
Quickest legal team in the West.
How about now?
There we go.
I'll pay you a dollar a month for that.
Or maybe not.
Rudeness.
What's going on?
What's going on?
I mean, while we're waiting for Joe to get back, I, you know, just.
It's that McDonald's Wi-Fi every time.
Right?
Seriously.
Should have got the better Monopoly tokens.
But no, it was really interesting, right?
Like Joe mentioned, with Abel talking about, you know, trying to understand, because he said he makes NFTs, you know, has different types of assets and, you know, creates these awesome, you know, music files.
That's where Collabland started, right?
Token gating.
Trying to identify, you know, who actually, you know, as Joe said, has skin in the game.
Who is a participating, holding member of your community and your fan base.
And that's, you know, for the last three years, what Collabland has done, you know, and really kind of made that mainstream.
And there are other services now as well.
But Collabland is, you know, really kind of where it started.
You know, creating, whether it's in, it started in Telegram, and then we've created platforms for Discord as well as website token gating.
But being able to set up roles based on, you know, which assets people hold, how many they hold, things like that.
So logically, it made sense to move, you know, into not just token gating, but also, you know, this kind of new trading, you know, bonding curve metagame.
Because that's something, you know, obviously we're moving in this like social fi, you know, paradigm and seeing how people are interacting.
And that's something that for us kind of was this light bulb moment where we said, well, a lot of the NFT platforms, you know, the marketplaces have taken away royalties and reduce those.
And that's something that's really important for artists to be able to maintain their activity in the space if they're still getting paid.
And with NFT royalties going away, we're like, how can we bring that back?
And we've, with Collabland, implemented roles that specifically check to see if royalties were paid because sometimes they're optional.
But we've also created telefriends so that, you know, it kind of gives another income stream for creators to, you know, whether you're doing with the bonding curve, a subscription services, you know, copy trading as a platform.
Like that's something that we want to make sure that we are creating spaces and avenues for people to be rewarded for, you know, the content they're putting out, whether it's alpha or art or, you know, whatever, being able to have different ways that suit you.
Because one size does not fit all and we know that.
So that's, you know, kind of where this is coming from with the background of Collabland, you know, moving into telefriends.
Let's see if we can get Joe.
How about now?
Beautiful.
This is so strange.
This usually does not happen.
I've got 5G, full bars, no problem.
I think it's Twitter personally.
Thanks, Elon.
It used to be so fine.
I'm not going to say great, but it was fine.
But anyway, all right.
So what else are we excited about, guys?
What else?
I mean, there's so many different things that I think Collab is going to be able to do once we unlock this whole world inside of Telegram.
I'll give you one real quick that just came up.
I mean, because of Telegram's existing ability to do audio and video chats along with screen sharing, you can actually do quite effective Twitter space style meetups that are gated via your chat, which is something that's been kind of missing from a lot of these platforms.
Alpha did it very early, but you couldn't do other things on your phone while in those spaces or those jams or whatever.
And so that was kind of limiting.
And so being able to do that in Telegram again would be excellent because of the aforementioned problems with Twitter spaces and Twitter in general.
So I'm excited about that.
That's a really solid point.
Yeah, I mean, I would love to.
I mean, I think token gating is a great concept because you can put that in front of anything that you do.
And I think that also, you know, as I'm experimenting with streaming, like there's some limitations technically here.
The audio is in mono and so you can't do anything that's a stereo session.
So, you know, it's I think there's reasons to go to a gated chat experience if the quality and the experience is enhanced in that way.
And also, I guess, if it's connected to the blockchain, you can maybe, you know, also mint like a POAP or, you know, that kind of proof of attendance tokens and things like that while you're in the process.
The thing that I think Twitter or X has over all of these streaming platforms for the most part, especially like audio streaming, is the walk-by traffic.
When you have a space here, you're going to get public people, you know, who are interested in what you're talking about or friends with people coming through.
But if you are not worried about having public people coming through, then, yeah, that would be an incredible tool.
Yeah, man, if there was a way to do discoverability of spaces or chats within TeleFriends, like showing active ones or like topics or whatever within the app itself, that would be wild.
And maybe that's linked into the thing that I can't talk about, Joe.
So I don't know, but that would be fine.
I mean, James, James, James is the first to say that we are building this in public, right?
We want that's the beauty of Web3 and the digital connectedness of our world is that we want to hear the product market fit is, you know, that's so last year, right?
We want to go market product fit.
So can I say it?
Say whatever you want, man.
I don't care.
Okay.
Well, you have an install base of hundreds of thousands of discords, right?
I don't know.
Do we?
Collabland does, right?
We've got 50,000 discords and other, I don't remember the number in Telegram.
But amongst all of those, you know, we've got multi-million community members that we are in communities with and serving.
Six million wallets.
So like three people, right?
Yeah, something like that.
But yeah, six million wallets are connected, right?
And so within all of those telegrams and all of those discords and everything, you basically have a giant billboard network set up along the side of like the Web3 highway.
And so being able to throw things up on there, either with Web2, Web3 brands, using that as advertising space.
Also being able to use your chats as advertising space as you have like dedicated networks of people.
Imagine, like even my friend tech now, I mean like I think that I have a current price of like 0.1, which is really, really low compared to my ATH of like 0.5.
But like it's still, like that's still a very respectable thing for a private group chat that I honestly at this point barely use, right?
And so like being able to have people that are that dedicated that know that I'll occasionally give out stuff or whatever and like being able to advertise your own things within that on like an automated basis and then the rewards for that go to me and possibly to my holders as well is kind of a groundbreaking thing because it's finally like decentralized ads and that's really, really cool.
And I'm incredibly excited about that.
And I was told not to say anything about that, but now I've said something about it and I'm just waiting for the cops to come get me.
Abel, go ahead.
Weeew, weeew.
Pew, here we come.
All right.
No, I think you touched on a great point here because advertising revenue and micro licensing has been one of the biggest boosters for like independent music and distribution.
And stuff like that.
Like for instance, when YouTube implemented, you know, their Google ad payout system.
So like if somebody uses one of my pieces of music, it's tagged and it's recognized, it'll run an ad and pay me out, you know, some percentage of micro pennies or whatever.
But that adds up over time and it's another, it's a new revenue source that didn't exist pre-internet advertising.
So, you know, I think that, you know, that's, that's a great point.
Like I run the NFT pop-up record shop every Tuesday and Friday here on, you know, Twitter space.
We talk about music.
Now, if we wanted to have that be a gated chat where there's, you know, people who have the token, they can always come and this and that.
But if there was levels of gatedness, levels of gift, there were multiple gates.
And one of them was listen to these three advertisements to get into this chat, you know, and that was a rev revenue split with the hosts of the chat.
I think that that would be a really cool model.
And I'd like to see that kind of thing expanded.
I think, you know, there's a lot of space in Web3 to, I don't know, I want to say like play with or reverse, but reinvent the way that that interaction happens.
I think this is part of that.
Advertisement, you know, people who want engagement and, you know.
Having engagement.
Space there.
And especially if you add some good, you know, there's a lot of space there.
The revenue for independent, you know, creators and media in general.
What about token gated spaces?
Didn't I mention this like five minutes ago, Root?
I believe you did.
Must be coming out, dude.
Twitter's still rugging me periodically.
This was the excitement of, as you noted, doing it in Telegram because they do voice chat.
So you could do the, you know, the Telefriends gated chat and then do the voice part.
I'm so glad that Root pays attention.
Okay, wait.
I wanted to, I wanted to add something though at kind of the crux of, of what you mentioned, Abel, where actually the combination of flu, something you said earlier and Abel, what you just recently said was categorically searching through different types of spaces and different types of chats that you can join into.
That's, I think that's going to be a killer feature and then combining that with cross promotional opportunities.
So if my community over here has something to offer, I want to be able to plug in with your community and we can cross promote kind of like we mentioned.
I think that the category aspect of that and the cross promo, I think is where the big unlock is going to come with Socialfy and Collablane is going to be here to facilitate that.
That's what I'm personally most excited about.
Abel, I see you unmuting.
Can anyone else hear him?
I can't hear anybody.
Nope.
All right.
Well, it's a perfect time to go back to you actually, Bees.
Bees, I know that you can't hear.
Hello, hello, hello.
Oh, now no one can hear each other.
This is fascinating.
Bees, can you hear me?
Yep, I can hear you.
Okay, cool.
Bbands, what's on your mind?
Yeah, Bands, if you could tell us, I guess, what other questions that you have or any ideas that you have now for your own sort of foray into this.
Do you feel like any of this has answered your questions any further?
Abel, Bbands?
So, yes.
What are you thinking?
What are you thinking about?
What's on your mind?
What are you excited about?
I don't know if I'm, you keep saying what are we excited about.
Like, I know we're supposed to get pumped up and stuff, but I'm still thinking.
I'm still trying to make sure I can understand.
She's processing, man.
She's processing, yeah.
I understand because, go ahead.
Bands, can you tell Joe to go down and come back up?
Just like go down to Listener and come back up?
I'm on it.
I'm on it.
Joe, can you come go down?
All right.
Rude's got the shit in the background.
Never mind.
I'm not going to make you fucking work for Collabland here for a second, Bs.
It's all good.
Sorry, you were going on.
My bad.
I guess I'm trying to, like, understand.
And I know I like using Telegram for it, but is that going to also tie in to, like, DeFi and crypto?
Or is this just a whole separate thing?
Because I think, like, I mean, I know he was talking about DAOs and stuff, but you know what I mean?
So if you're looking at how it ties into DeFi, right, like, in addition to it being SocialFi, where, you know, this chat, instead of doing token gating, you're doing with NFTs that were created elsewhere or ERC-20s that were created elsewhere, you are doing the access to this Telegram chat all right within Telegram.
It's a bot that you add to your Telegram group, and then the bot manages the whole process right.
So you can submit your wallet.
It's kind of the same thing like Discord.
You submit your wallets, and it kind of gives you access to different places if you have the NFT for the specific.
So that's what Collabland does.
So Telefran does is it actually gives you a new wallet.
It's just all part of the bot that lives in Telegram.
So you would transfer, you know, funds into that wallet and then be able to, you know, join these groups.
And one of the things that, you know, is a pretty exciting feature within this group, and it was mentioned a little earlier in the space, is copy trading, right?
So this is where you get into the DeFi a little bit more, because not only is there the bonding curve to gain access to people's groups.
So if you, like, follow some big traders, and they're, you know, making these calls on whatever, you know, altcoins, you know, that they've got, but they're, you know, kind of doing that, you know, only to select group.
Like, this could be a good avenue for that.
So you join the group.
You see what they're doing.
They actually put a link for the copy trade in the chat.
So that way you can see that they have, in fact, you know, done that trade, and it's not just them selling you some shit coins, right?
Like, they're putting their money where their mouth is, they're doing the thing, and then you can choose to follow them or not.
So that's where the DeFi part comes in.
Because, again, this all just kind of, you know, gets transacted right there on Telegram.
It's not something you have to, you know, leave to go to three different platforms to take care of.
So that's a kind of interesting and exciting thing.
Because, you know, prior to this, you know, we've seen, you know, you have to download a new app, and then you have to go here, there, and the other place in order to complete these transactions.
So having it all streamlined in Telegram is pretty exciting.
Okay.
So when it creates the new wallet for you within Telegram, it won't be tied to your Ethereum or, like, any of your other wallets?
It will not.
And it will be a passkey-managed wallet.
So whatever device you're on, right?
Like, if you have, you know, an iPhone and you're using your, you know, Face ID to log in, like, that's something that it would use as biometrics to validate.
So it's a non-custodial option, but in a little bit easier way to manage for people.
So that way, like, you're not putting your MetaMask, you're not putting any of your other wallets.
I don't want to say at risk, because this is actually, like, the safest way you can go about, you know, doing something like this.
But it's not going to link to your other accounts.
So it's simply going to create a new account, which you can then transact with between this and your other accounts.
Okay.
Thanks.
Well, I've got to go back to my IRL job.
And thank you so much for answering my questions.
Absolutely.
Thank you so much for joining.
It's always a pleasure to have you here and be a part of the things you're working on.
We love you.
I love you, too.
Have a wonderful rest of your day.
Bye, guys.
Let's see.
I don't know if we have Joe back or not.
He's maybe in this space.
We'll try to add him to get Abel back in stage with Flue.
So that's good.
We got some people here.
Yeah.
Yeah.
No, this is I'm surprised.
I mean, this is really I think you guys are going to have more people here in the future after this.
Yeah.
I guess I'm kind of really the full picture is coming together.
I've used Collabland in the setting of Discord, obviously.
for verifications and things like that.
So, yeah, I'm just, you know, you never know which one is what and things like that.
But, yeah, it's really, really cool what you're talking about being able to do.
So what is the blockchain that this functions on?
Is it, like, is that an irrelevant question?
Is it running on, you know, what, where are we running?
This is a relevant question that I am stuck under a PR, you know, kind of, God, why can't I think of the word?
And there's a word for it.
Anyway, 3 p.m. Eastern is when we're allowed to release embargo.
Right.
So there we go.
My brain, it's been a busy day.
Yeah.
So there's an embargo on the information.
3 p.m. Eastern today is when that gets released.
And we will be rolling out a launch here as well.
So, yes, I would love to tell you the chain.
I've got about an hour and 15 minutes until I can do so without getting in trouble.
All right.
Well, another round of drinks.
Definitely is a good question.
I feel like I'm early for the party then.
I feel like we can fit in three rounds of drinks, Abel, honestly.
Yeah, at least.
It might not be a good idea to start now if the info is coming at three.
Bro, I'm ready.
Oh, okay.
Yeah, no, let's do it.
Let's get it.
Joe, can you hear me now?
I've been able to hear everybody, I think, for most.
You weren't able to hear me earlier, that's for sure.
Because I was talking all sorts of trash.
Like, you're going to have to go back and listen to the recording.
You're going to get upset.
You're going to DM me on Telegram.
But soon, apparently, if we're launching soon, you won't be able to DM me on Telegram without paying for it.
So that's the way that I like it.
For our relationship, you and I, that's just how it goes.
Man, I don't know.
The whole Collabland team is going to be aping into my chat.
That's another thing that I do want to talk about real quick.
It's such a meme, right, on things like this.
But something that I've noticed across the 14 different SoFi platforms that I've joined in the last few months is whenever you're very, very, very early to the platform and you're active on the platform and you're talking about it on Twitter, the team goes into your chat, like, straight up.
And so it's something that you can always, always, always use to your advantage as an individual creator.
Those team members are more likely to retweet your content.
Those team members are more likely to pay attention to you from the main account.
I just got a like on one of my tweets on this post about singing in the shower from the Collabland main.
Yeah.
You know what I mean?
And so I'm just saying for anyone who's out there and they're like, oh, you know, is this worth a shot?
Is this worth a try?
Is this worth like a little bit of my time today?
The answer is yes.
Because like almost always, if you're there day one, the team is always paying attention.
And that can be very helpful to your brand going forward within the platform itself.
I love that.
And that is something that I would like to echo because as Flew noted, I like to tweet from Collabland.
I also do this from the TeleFriends account.
And that's something that we really, like, we are here to support our community of communities, whether it's Collabland or TeleFriends.
Like, we are here to support you and that's why we do what we do.
Like, we, you know, it's the magic of the people that make Web3 worthwhile.
Technology is awesome, but without people, technology is nothing.
Thought it being nicely put.
And, yeah, I would just like to apologize for all the tech issues, speaking of technology being great, all the tech issues that I've had on this side.
So thank you, everybody, for bearing with and patience on that.
Hope that doesn't happen again.
So don't apologize for that, Joe.
Sounds like you did it on purpose.
Yeah, we took care of it.
But, yeah, I mean, like, I just considered it a test.
Rude says this is being considered in her performance review, which is weird because y'all technically don't work for the same company.
So I'm just a little confused, but that's all right, Joe.
Also, Luna is in the audience.
Luna, you've been here the whole time and you don't have any questions.
I find that kind of surprising.
So what I'm going to do is I'm going to go ahead and do this unauthorized giveaway that's going to quickly become authorized.
What do we have to give away, Joe?
Is it stables?
Is it collab token?
What is it?
Did he say a Wi-Fi receiver extender?
Did he just lose, Joe?
He asked what we're giving away.
He's like, I don't know.
This is feeling like a Pepsi thing.
You're like, one jumbo jet.
Oh, shit.
Okay.
Anyway, so I'm just going to offer some stables.
I'm going to say $50 USDC to the best question, either in the comments of this space or come on up stage and do that.
And Rude Moose is going to be the judge of the best question.
So, Rude Moose, does that sound good?
That sounds good.
It's a lot higher bar than what I was going to say.
I was going to tell everyone to DM me their ETH address and I'd send them a Crypto Kitty.
Oh, yeah.
I mean, that's way, way, way, way worse.
$50 USDC.
I mean, that's far better.
So if anyone...
I like cats, though.
Well, send me your address.
I'll send you a Crypto Kitty.
I have like 9,000 of them.
It's not the Crypto Kitty.
It's just a Crypto Kitty.
Well, there's not the Crypto Kitty, right?
Like, that's what if...
So that's how...
I'm a sad trackist a little bit.
That's how I got into Web3 was I had seen that the, you know, Crypto Kitties, like, you know, my ex was telling me, he's like, oh, people are making money selling these digital cats.
And I was like, that sounds stupid.
I need to check it out.
And their website, this is back in, like, the beginning of 2018.
It was like, FAQ was like, yes, these are digital kitties that are DTF.
And I was like, look, I know nothing about crypto, but please take all my money.
I would like to make these kitties.
And so this ridiculousness of, you know, kitties that were DTF is how I got into Web3 and ended up, you know, working at Dapper Labs for a while who created Crypto Kitties and the ERC, you know, token.
And then they moved to Flow, created the whole Flow blockchain, started NBA Top Shot and all that.
So I was working with them for a while before I came to Collabland, which is why I have a bunch of Crypto Kitties, because that's like what I was degenning in for years.
I mean, all right, give away a Crypto Kitty.
I mean, let's go.
So the new prize is a Crypto Kitty.
I would say kitties for free, but if people ask questions, then I like your prize too.
I just like to share things because they're fun.
Oh, I'm sending you my ETH address right now.
So that's.
I was asked once what my favorite kind of cat was if I was going to be a cat, and I said stray cat.
And then I was informed that stray cat isn't really a kind of a cat.
But to me, it definitely is.
They're the scrappy good ones.
Yeah, exactly.
This is true.
So definitely that.
But yes, also, the floor is open.
If you have questions, raise your hand.
I will bring you on stage and we will answer as much as we can.
Which is, I think, most things at this point, except for the press stuff.
But we're getting closer to that too.
And we have about seven minutes before I have to, we do have to end the space.
So you've got a time limit on your questions.
If Joe has questions, you could ask them too.
Actually, there's one in the chat now.
How does the TeleFriends bot improve the experience with the TG group?
So the TeleFriends bot creates a private chat similar to that of Frientech and other assorted Frientech forks and clones.
And so it's, or, you know, really BitClout, friends and clones or whatever.
But Joe, would you like to address that in more detail?
Can you hear me?
Yes, we can hear you.
Okay.
I'm, I don't know if I, I don't know if I can address that in more detail.
Candy, what do you think?
How does it improve the experience of a chat?
What it does, I think, would be to make sure that the people that are in your chat are, I would say, not only, you know, very invested in being there, because that's the technical sense, right?
But they're also supporting the people who are creating content for them.
And I mentioned this earlier, whether you're creating content in terms of, you know, alpha training advice or, you know, creating art or providing really any type of a service, right?
Like, that's why you would create one of these groups, you would have something that would be a value that people would want to get involved in.
And maybe that's even just creating a social, you know, network of people who are here and able to benefit from each other.
You know, that networking is a very valuable skill, and something that, you know, is definitely worthy of, you know, seeking access for.
So that's something that, in the case of the TeleFriends bot, you know, if you're creating this, you know, gated chat based on this bonding curve or the subscription service, either way, you know, these are things that, you know, the bot will continue to evolve as we get feedback from the community members.
But making sure that people are, you know, being valued for the services or the information or the benefits they're providing, however, those may come, you know.
That's, I think, the difference between this and a normal Telegram group.
Yeah, Abel, what was your question as well?
Oh, well, I wrote one down there.
But, you know, in general, I was thinking about, like, a lot of my questions are, like, I want to do things like, you know, in my chats, I'll, I like to do things.
I like to do stuff like, you know, the next person that replies to this comment, you know, I'm going to give them this NFT, you know, and just let that hang out there for a second.
And then somebody says, it's me, you know, and it's kind of fun to do that randomly, you know, in a generous way.
But, you know, on the back end, once that happens, then it becomes a lot of work to transfer that, figure all that out.
So it would be nice to have a system that you can place those things out there and then, you know, somebody's like, it's me, and then also go and claim it themselves without you having to do a bunch of extra work.
You know, the other one was, like, I have, you know, another type of giveaway that's a gift, a physical gift, and it's a monthly drawing.
It would be great to have shipping and handling kind of be, you know, integrated into this kind of thing.
So I don't know, I see those things as, like, tools, but they're kind of really specific.
So is that kind of, like, how this is looked at at all?
I definitely like, I like that idea, and that might actually work pretty well with the Collabland merch store.
What do you think, Andy?
Yes.
Right, okay.
Yeah, see, now that helps to answer that question.
Right, so that's, yeah, it's like, oh, okay, like, I'm reinventing a merch store, you know, and that's kind of what I guess is called experimenting with SoFi so far.
So, yeah, maybe there's more, like, solid ideas to, like, sort of sum all that up.
But, yeah, that sounds about good.
Like, a merch store would be digital and physical in this case, is that correct?
Yes.
Yeah, there's definitely, like, at this point, really, like, the potentials are boundless based on, you know, kind of whatever you can imagine.
That's something that we are trying to build for you.
So even if it doesn't exist right off the get-go, like, you provide us the input, and that's something that, you know, if there's value there for people and it's something that, you know, would improve the product, there's a very good chance that that would get put in,
which is, you know, where we get back to the, are you here early, are you participating, are you engaging?
We would love to get that feedback and actually take that and do something with it, you know?
Well, we'll see.
No, no, absolutely.
I think that there's, you know, a lot of marketing towards musicians and stuff that's, you know, service-based that's out there now.
But it's a really hard place to be because you have to be, you know, at a certain level to have the ability to pay for those services.
So it's, you know, being on the ground level and being able to do things manually but also have high quality functionality is, I think, what's going to change the whole landscape.
So that's, yeah, sounds interesting to me.
I appreciate you sharing that, Abel.
That is a really fun idea and haven't really, you know, there's a lot of ways to bring the real world into the virtual world.
And that is definitely a great, great way to do that.
So thank you for, thank you for sharing that.
Anybody else?
We got Luna down there with one says, what is the step-by-step way to get into the token gated room of your favorite creator?
That will be released very, very soon.
How do you, how do Telefriends integrate with the collab token from Knox?
How should it?
I'm going to reverse that question back.
I don't think there's a, I don't think we're, A, allowed to talk about that exactly at this point.
But we do have some ideas and some of those initial ideas were, for instance, trading bot fee discounts or subsidies and special access to special groups.
Andy is, am I missing any, what are some of the other utilities right off the bat?
I know there's a lot of big stuff down the line, but for right now with Telefriends, I'm not sure if there was anything pressing.
Also, Trustless Blocks also asked, will holding collab token provide any premium benefits, which kind of goes along the same lines.
So I guess right now it's just collab token.
What is it doing?
I think that, let me see if I can find, oh, it's not, I haven't tweeted about it yet, but on the collab land Twitter.
So I tweeted about this a little bit last week, but did not yet post the reveal.
There was a liquidity deployment DAO proposal because collab land and the collab token is a DAO, right?
So there was a DAO liquidity deployment proposal that happened last week and passed.
And then yesterday, which was my birthday, uh, there was another DAO proposal which had passed, uh, which was for the sub DAO.
So marketing token operations revenue generation, which was specifically to, you know, use collab to help, you know, now that we have this liquidity rolling, um, to help support, um, the products that we are
building and the people who are building and the people who are helping to move that forward, I think is the best way to explain it.
So essentially a sub DAO that's going to incentivize creators, um, KWALs, developers for telefronts and the rest of the things that are coming soon.
So definitely moving the collab land DAO and thus the collab token in the direction of supporting the products that we are putting out.
And I think I can, um, from yesterday we had done a last call so I can link you to at the very least, um, where the proposal lives in Origami so you can review it, which it did pass.
So that was exciting, but that's the update about, I think the best I can share about collab token and how, you know, we launched that back in February and have been building in the background to give it more utility as we continue to roll out products and, uh, grow the DAO and grow the community.
And just wanted to quickly piggyback on that is that part of the sub DAO's purpose is to increase the optionality and utility of the collab token for the collab land ecosystem itself.
So, although we can't necessarily say the exact things as of right now, there are lots of things in the works to be tuned into, absolutely.
Um, yeah, Abel, what's up?
So would I have any collab land tokens from interacting on discord and, and verifying and stuff like that already, or is that something I'd have to go acquire?
There was a retroactive claim that was live, um, but it was from February through May, I think is when we closed that claim.
Um, so if you didn't claim collab tokens, then which everybody who had engaged with collab land up to that point, um, was eligible for at least 10 collab tokens, which give you membership to the DAO and allow you to vote on things.
Um, people who ran discords were allocated a little bit more and there were some other ways you could earn more initially.
Um, but if you didn't do that claim, um, then really it's secondary markets would be the way to obtain collab at this point, um, or by working in various ways with collab land and earning collab.
Um, so I think the short answer is, uh, if you did not already claim it, then no.
All right, guys, shall we wrap?
Yes, let us do that because we have a, Joe, we have a meeting we're supposed to be in.
And I also have a meeting I'm supposed to be in, so I'm trying to juggle those two things.
Um, and thank you, everyone, for showing up.
Uh, if you showed up today, make sure to show up again in the future.
Um, also, Rude, um, I guess just people that asked a question, go ahead and, Rude, how do you want to handle this?
Did you, for the giveaway, did you, did you want to pick a best question or did you want to just have people DM you if they're interested?
Like, what's the, what's the method?
Um, that's a good question.
What was your favorite question?
I feel like I, I know we said that I should be the judge here, but I'm in a strange position, right?
Because I feel like I'm not an impartial judge.
You're not an impartial judge.
No one's an impartial judge.
Impartiality is a myth.
Joe, what was your favorite question?
Uh, let's see.
My favorite question was probably a question from Knox.
Okay.
It's good food for thought.
All right.
Knox.
Knox, DM your, DM your, uh, DM your info to Joe.
We'll figure out a good prize for you.
Um, in the background, we're going to go ahead and, and fight each other over it.
And congratulations, Knox.
I'm going to go ahead and follow you so you can follow up with me just in case you don't hear back from Joe.
And outside of that, I'm going to go ahead and dip y'all.
I appreciate everyone for showing up.
Absolutely.
Thank you so much, everyone, uh, both to our audience for being here and supporting and to our speakers who joined on the stage, uh, Fluta and Abel, uh, and B bands when she was here.
And of course, Joe, who's been doing such an amazing job, uh, helping with the spaces and just, you know, leading some of the marketing with alpha growth.
We are super appreciative and happy to be working together.
Thank you, Candy.
Thanks everybody.
We will see you again, I'm sure later today as we have lots of exciting things happening and there's a space again tomorrow that, uh, we'd love to see you at as well.
