GMGM everybody. Today we have Rep3 here, one of our partners that has been helping us run the Creator Bounties over the past few months and wanted to kind of get on here and chat with them about their recent updates, our partnership and what's to come in the near future.
Welcome up to you know who we got talking to we have Avi here, but I mean, yeah, so that would be me only I'm just joining from the three account mark
Thank you so much for having us. This says, I am one of the folks who are building grip tree. I'm really looking forward to chatting about the collaboration we have had and what's in store in future.
Awesome, yeah. So if anyone is unaware of this, this Twitter space is going to be recorded. So we can just get started to wait for people to funnel in and if they miss the first bit of it, then they can go back and
Listen in. Love to get kind of a quick intro about, you know, what is Web Rep 3, you know, what you guys do and what you have to offer for, you know, Web 3 projects and games.
Yeah, for sure. So we are in natural, a credentialing platform and that just sounds super boring, but the crops of it is that we have played a protocol, we have played a tool that can provide potential for anything and everything like anything under sun, anything under the moon.
So in specifically in the case of Freddie Pladaf, the people who are contributing in Bounties, it could be for people who are attending Biscord call. It could be people who are interacting with Twitter, it could be for governance activity, any on-chain activity for the specific Biscord role, like literally anything and I think. And the cool thing about these credentials are, they
are upgradable, they are dynamic in nature, they are dynamic in time. So they do upgrade downgrade, especially with the setup you have with ready-grade out. They do upgrade basis how active people are inside the community, but the parameters are infinite. So that is sort of hot up red and butterless.
And definitely. Yeah, that's great. And you know, one of the big things that has kind of, you know, worked really well with our partnership is that dynamic this of of those, you know, recognition badges and the contribution badges that we have been working with. For anyone who does not know if you are a content creator within early player down and
You make some content around the creator bound easy you will get a badge and you submit it to rep 3 you will get a contribution badge and it's pretty cool. There's also Membership badges which are different for different organizations, but for the ready player down one you'll see a little Game Boy and that is that upgrades basically
on the tiers and how much content is pushed out. Yes, exactly. Me personally, I am in love with the Game Boy Motor. It just goes so well with the entire creator economy and that action that are ready to be pushed towards. The motor itself just works so well.
And the entire game boy just upgrades is just get fancier gets more complex for the more contribution or rather the more creations people do and the more sort of valid creative creations people do. And if I'm not wrong there are like bunch of perks associated with people upgrading as well.
Yeah, that's awesome here because I'm I want to take a like a step back and dive into each one of those aspects that you have mentioned before what makes rap 3 so unique and I kind of wanted to start as you know we just kind of talked about the contribution badges but also one of
to talk about the platform itself and how people can use that to benefit their community. And I know you mentioned that they could do governance, they could do
you know, verification as a holder and all that kind of stuff. And just like, what are your thoughts or what that could be used for in a typical gaming community, what other communities could see from using referee.
Yes, that's an amazing question. So in that regards, anyone, of course, like we have seen in the case of ReadyPledout, anyone with a community, anyone with an active community, they get a lot of effort. So just rounding up the features that exist on the platform, being able
to give out different membership badges. So those are the game boy credentials that we just spoke of for them to upgrade basis like different participation people are doing and this this the rules for upgrading downgrade could be as complex as possible be token holding be discord participation to tap participation like literally again
As I said, you can also run your proper governance without needing to have actually ERC20 tokens. So that is something like every decentralization is just straight up the future. So in that case, one of the biggest bottleneck for a lot of companies to go that route is just not having the enough ERC20
tokens to get the point wherein the decision making could be decentralized. And that's just the crux or rather the core of what a decentralized community looks like. But using these badges, we can set up governance at any time. You have this really cool integration with snapshot. Aside from that, you can also, as I mentioned,
automate a lot of stuff, you can give out contribution badges, you can give out time-mount badges like badges that expires on a certain date, rows that expired on a certain date and of course being able to give out badges for discord called participation with a workflow that is as simple as it gets. So these are
a couple of features that you are super proud of that you have enabled in that base platform itself. And in terms of usage like we see like really cool use case in case of ready play out but anyone like any protocol any community or rather any project with a decent community can use the same exact thing to
to just engage the community more, to give people, so people do a lot of work towards multiple communities. But then they don't really have to have something to show for it, but in case of ready-played out, people are as of now, like as and when we speak, people are building on chain reputation, in the true sense being able
to show case that this is what I've accomplished as a content creator person in the web free space and all these accomplishments they're owned by me they're all on chain anyone has access to same and a smart contract can look at it and verify that I am both dissolved so just being able to create this on chain
just being able to start stating this on-chain reputation. It seems like a super fast-race dream, but that is something that is out of now is happening inside of Rediclide House. So any community who wants for their community members to create on-chain reputation, who wants to engage people more, can use the platform that you're talking about.
That was a great introduction and I think you guys being so early in this space and building out this project is put you out in an advantage right you know other people are starting to build similar things but you guys are pretty well on your way and you're making your improvements you know daily
And I think it's a great working with you guys in that sense. So where you guys are very, I've been really easy to work with and it's been a pleasure working with you and working through some of these, some of the bugs and working through some of the improvements and there's been a
really meanable so it's been it's been awesome working alongside you guys and wanted to kind of touch on your your upcoming your upcoming versions. I know you are working on a newer version as well right? Are they are we gonna see more features you know some improvements in that area?
So, in terms of future there is a lot that we are sort of working towards and specifically in this case right. So, this is just from both side point of view it is something that is limited in the sense that it does accomplish a lot but there is a lot that is to be desired and with a V2 that
you are working towards. A lot of NE and every aunty and activity, so the segment that I made earlier, that would be possible in a true sense of sort of fashion. So if let's say you want people to engage, so any community for that matter or rather any project for that matter, they have multiple touch points
which people can interact with the community or engage with the community in case of ready playout. It's the bounty platform, this called activity, Twitter activity and of course for the downed line, it would be games that you have partnered up with. So the idea was super simple, how cool would be to just automate the entire thing?
Any and every touchpoint that exists, what if there was a credentialing like an upgradable incentivization mechanism that lifts on chain that helps people bring, create their on chain reputation for every single touchpoint and that is what we are moving towards in with RV2. So you just be able to see
are going to be immensely beneficial and the best part is in terms of these credentials they are not just frozen in time just because someone has so far some background so they are three tiers in red glare down right now like you want you to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to#
So anyone with a certain badge, right? It might look a certain way today, but the same credential knows exactly what was like a month back or a month before. So right now we are not just creating an on-chain reputation, but rather we are creating a graph of how active we have been in the community and all of that is on-chain. So all of this are
going to be immensely beneficial when it comes to sort of say future error governance and all of these things can be taken in concentration like in a pure Web 3 format any smart contract would be able to comprehend all of this and do certain actions on top of it. And in terms of e2 we are just
it a notch further and just enabling anything and everything under the side and for communities to be able to create all sort of different incentivization mechanisms for all their touch points and for them to be on chain. So that is a sort of small vision we have with our V2.
Yeah, that's really exciting. And how long have you guys been building this out? That curiosity, when do you start rep 3? Yeah, so that's a super funny story. I would say like in my own words. So both me and I started my co-creator so much aside from like the entire
for immensely beneficial, immensely helpful. So like both of us and rather every one of our team, we have we are working, we are doing something or the other in the DAO space as working more in the NFT space than going to do so. And we are all just fed up with the way things were handled with no context with no
contact sharing, you can spend your entire lives like you can burn out your shoes even then when you move to another community you just be with the same place like you just be treated as a bot or a bad actor that is where we side of from. So we start working on the platform that's being used at the start of 2020.
like 0.2 in 2. Sort of like April is when we all full fledgedly started working on this direction that something like this needs to exist. And so I would say April 22 and in terms of we to be having working on it, let's say the bus or 2 to 1/2 months.
That's awesome. I know you mentioned why you started building this, but why did you start building this specifically in Web 3? What brought you into Web 3 in general?
So for me personally, this would be an answer of a V like space monkey. So in my case, I was working in bunch of different hours. I was contributing here and there. Never had the content creator. That's just not been my for the I wish.
And that is how I joined the entire three space. Then I read like an article by Vitalik this was mid-21 and before that a podcast by people who spoke about how the paradigm of ownership is flipped on its
with this thing that people are calling NFTs and that is when I first understood that how the way we perceive ownership it's never gonna be the same thanks to this technology being built on blockchain so that was a tipping point for me personally
I think that's a great way to get into this space. I feel like a lot of people are at least listening to this and within Web3 have the same sentiment. That's great. Just to jump back into the features of the platform, some of the stuff that we don't use all of the features just the artworks.
working on how we can use all those features to benefit the community. One of the things that really is awesome about being a content creator and getting these contribution badges and getting paid out by Rep3 is that payouts system and that tracking of that
I know we're still early in building it out so we've had some, I guess you could say like some noses say difficulties but you know that's expected when building on a brand new platform but usually things are fairly quickly and we work together really well and
usually these these these bounties are are taking care of really really easily. So one of the jump in there and like just share with everyone the the payout system and one of the get your thoughts around adding that and and the features around that as well.
Yes, 100% in terms of payout that is something that I completely missed out on. So for anyone in this space, so we have this feature where in all whenever the contribution badges are given out. So there are usually communities that can create this format where in people can somehow go at all activities they have done.
And that is what is being used a lot more use a lot in case of predipared out. So in that format whenever the incentivization need not be just in the ERC 721 tokens, it could also be with the ERC 20 tokens. So people can just connect their noses and incentivize people
with let's say, stables or a case where it played out there's so many different bounties with like such varied incentivization. So people could not just be incentivized for the things that they have done like not just with like a non-transferable token, but also with actually a C20 token is that just helps in a lot of other use cases.
So in terms of that right now we just have one noses support but as like you would know we are working towards creating this workflow where multiple noses could be connected and at any point of time you would just be able to switch between different sieve and that will lead towards sort of saving gas for different stuff, having different sort of
tokens or different save just bringing all of that together in a really usable sort of an interface. And again, the other thing that we are going to be built on this line is to enable retroactive incentivization. That is something that we have been really big on. So people, no communities, like they're very
to select your communities wherein there's a one-to-one mapping between incentivization and effort. So being able to continue giving out people these non-manageral tokens at a later date, being able to incentivize them for all the activities they're done. That is sort of the direction that you're working towards specifically in regards to the nooses integration.
And the coolest part is whatever we build this part this part is just a layer built on top of noses. So in terms of security in terms of privacy all of that is retained really well. No effort.
is done on top of like no information is shared with the Rep3 platform. It's impossible for any sort of breach to happen because nowadays you see a lot of hacks happening. So in that is why to make sure that it's
impenetrable, there is no bad actor could just take advantage of this integration, the entire thing is still run on noses. What you have provided is just a front end layer on top of their interface that already exists.
So it's just a request that's sent over to the noses and the noses still have to have that ability to accept and push through any transactions that are requested on there. So it's pretty safe and you can actually have other
people take control of it of like community managers and stuff and still have control of that neosis to where you you know you can still trust yourself and and completing those transactions. So I think that's really exciting and a big plus to using Rep3.
One of the other things I wanted to chat about is, where do you see this going in like five, 10 years from now, right? I know you have a lot of aspirations and would be too coming out. I see a good amount of adoption of rep three across multiple communities and games and
partnerships to where you can have all types of contributions and participation badges in there and then you can compare them across your space. So now you will own all of your contribution and you can show it in your wallet that you have done all these things.
Yeah, 100% and in terms of usage. So from 5 to 10 years, not just speaking from a point of view, like of course I have a bias there, but the idea is for a lot of committees to use these non-financial. So we have been hearing about non-financial badges for the longest.
time. People have been raving about it for so long that that's what the future is going to look like. We hope that we will be able to play a small part in making sure that the future in the decent light space is just super obvious that it should be around on top of these non-financial tokens because being a light
having to empty out the governance strategy for any and every incentivization is just not sustainable. That is one thing that the past sort of market tip has shown us across every single community. That is just not a sustainable workflow. But being able to do this at a larger scale is being able to have a small
contribution in having mass adoption for these non-financial based badges is what we hope to achieve. And in terms of the space for just like more adoption, we have had adoption from Reddit, we have had it from Starbucks and just to see like, and of course Nike with their swoosh, swoosh ideas swoosh
us, they're being massive waves when it comes to using these non-financial based sockets to unlock the itself. And just for that entire wave to go further, for a lot more use cases to exist and for us to play a smaller part in making that happen, that is what our aspirations would be for like any future.
That's amazing and I love to kind of talk about the possibility for the future of already playing it down and right through you, right? It's been a great partnership so far and I love to continue this partnership and continue partnerships with
Our partnering community is in, I think, just having you guys at that forefront of the activity and being rewarded for that activity is something that is useful in almost every community, right?
Yes, a 100% like coming back to the same point is just it's just not sensible to be emptying out like for any thing any single finger that is lifted for that to incentivize or rather for having to empty governance registry or to have
having like really solid expenditure and a single thing that people do is just not feasible and that is something that we have seen with like a lot of air drops. It's just a strategy that has worked in the past but it's not something that is going to be sort of perceived.
in the long term and these credentials they have shared to say and the plus ideas they do a lot more than just sort of letting communities inside of us people with different motives is just they are creating this base layer of
potential that could be used for a lot more. So we are just just crashing the surface over all is possible when it comes to the entire NFC technology and we're super excited to see what the future holds for all of this.
100% and you know one of the biggest things that creators can do is get that recognition from those up to three badges and go in there and you can see you know the stuff that you have accomplished over the past few months you can see your membership badge and how it upgrades and then you will be able to reap some of the benefits from those from those from the higher tier
So you'll be able to see if there's going to be some updates coming out from Redy Player Dow that I will kind of show what you will get from those from holding those badges from holding those higher tier badges and this contribution recognition rewards. So there's going to be a lot to come and we're very
excited to work with Web 3 in the near future.
So, I will tell you about the whole thing. So, I will tell you about the whole thing. So, I will tell you about the whole thing. So, I will tell you about the whole thing. So, I will tell you about the whole thing. So, I will tell you about the whole thing. So, I will tell you about the whole thing. So, I will tell you about the whole thing. So, I will tell you about the#
these are my accomplishments this is what my own chain reputation looks like and this is here for anyone in anyone to see so for the people to be able to unlock sort of a better future using these credentials that is something that will be possible really soon down the line that is all something that you are super excited about
Yeah, that's awesome to hear. I actually forgot to ask you what it would look like five to ten years from now, but I wanted to know you had mentioned version two coming out. I wanted to know what it would look like in the next, like say six months to one year.
What do you think Rep3 is going to be? Where do you think there's going to be a good amount of adoption from communities using Rep3 and content creators or just community members in the next six months to a year? Like what's being inevitable? That's coming.
of a new future we want to enable like a lot more so people have been killing it like anyone in the community they have been absolutely killing it with creating their own chain of vision and we want to see more and more faces sort of turn up and more and more communities to be able to incentivize people as such with similar
sort of programs and for more and more communities to use the V2 that I mentioned and for V2 to enable like a lot more engagement bring in more people in this incredible sort of wave that you are all part of just get more people on board on to Web 3
and for those people to have a really good time and for them to engage even more with the protocol that they absolutely love and for them to have proof or rather like some sort of tangible for all the interactions that like that is making this space possible today.
So that would be a short term goal for the next six months to one year.
That's really exciting to hear. I think it's very doable. There's a lot of interest for it. There's a big use case for up to three of them. I love to hear that. We're going to wind things down here right now.
any questions or anything like that you'd like to ask please feel free to do so you can raise your hand or just put it in the comments section. We can chat through those but yeah, obviously if you don't have any other talking points just wanted to say you know ready player down rep 3 is going to great partnership today.
and we can't wait for the near future for more people to adopt things like this and just have Web 3 Gaming to be decentralized and more of a partnership as we move forward. And I'm excited to see Web 3 at the lead of that.
Yes, 100% this part has just been incredibly fun above all things for us as well. I'm super excited to see all the things that straight lead out us in terms of content creation and giving you persistence.
amazing yeah for everyone who is listening remember this space is recorded so if you miss anything you can jump back in go give rep 3 a follow there right here rep 3 gg we can hear when we post
give them a follow make sure that they get to the next 2000 next 2000 followers so let's get them off there just pin their tweet in the space right here so you can go check them out go give them a follow like their most recent posts and yeah keep up with their their new
features coming out. Thank you so much Avi for joining on here and I appreciate you working alongside us so far. Thank you so much Jay for having us. It's been super fun and looking forward to like a lot of cool stuff that we'll be doing down the line. And thank you so much everyone for joining.
Yes, thank you everybody for joining and listening in here. We're going to end it right here. Hope everyone has a great day and if you miss any part of this, you can go back and listen to the recording. Thanks so much.