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What is Monad? (ft. Showdown)
Recorded: April 24, 2025 Duration: 0:59:09Space Recording
Short Summary
Showdown is set to revolutionize the gaming landscape by launching a unique wagering platform that allows players to bet on their skills in popular games like Counter-Strike and FIFA. With integrations into Twitch for crypto tipping and plans for high-stakes tournaments, Showdown is positioned for significant growth and engagement in the gaming community.
Full Transcription
Thank you. I'm coming on Thank you. I'm movin' in a little bit, I call up out, I think it's not what you say What you say is way to complicate it
For a minute, don't I couldn't tell how to fall out
I'm gonna take a step in the last call
Hey, hey, hey, hey
I'm not a hell, you know it's easy
I'm not waiting at all, I'm not a girl The line now you know it's easy. The last way to get up is from the road.
And at the end I think you're up to the road.
It's not a miracle we need it.
But no one will let you think of it. All this, all this, all this, all this, all this.
All this, all this, all this, all this.
Your friends, all your girlfriends are just in the way.
Past times, 13, 15, 5, 90, I want. Watch them, I'm on.
Watch them build up a mysterious tower.
Think it's not gonna stick anyway.
Think it's overrated.
Four minutes on, I couldn't tell how to fall out.
It's 20 seconds till the last fall. Oh, hey.
I know it's easy. Thank you. Another miracle needed When you know I'm looking at you All the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, all the, I'm out. Thank you. And there's a girl in this harbor town And she works, laying whiskey down They say, Brandy, fetch another round
She serves them whiskey and wine
They say, they say, Brandy, you're a fine girl
You're a fine girl, you and me
You're a fine girl, you and me
She's the same, I'm the same You and me And I Still say
Unseen
Brandy
Wears a braided chain
Made of finest silver
From the north of Spain
A locket
That bears the name
Of the man that brandy loved
He came on a summer's day
Bringing gifts from far away
But he made it clear
He couldn't stay
No horror was his home
He said, I said, friend, man
You're a founder
What a good life you would be, you can find my life, my love, and my lady, you can see.
It's ours when it's tough to say you're scary.
She could be an emotion for her life.
But she's called this rage and glory.
But he didn't know when it was true.
The true body was mine.
I didn't know the spirit of the earth.
I didn't know the spirit of the earth. I need another spirit there A nurse lying out
Tonight, when the bars close down
Brandy walks through a silent town
And loves a man who's not around
She still can't hear him say
She hears him say, Brandy, you're a fine, you're a fine, what a good wife you would be, it's a fine, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my love, my What do you think, Bill? Should we do one more song?
Those are two really good songs.
Dude, I was so into the second song. I literally completely forgot we were on Spaces.
I'm not joking.
I was about to just go start doing something else.
It's one of those sneaky bangers.
Yeah, those are bangers.
They are bangers, man.
What were you saying, Bill?
It's like a sneaky banger.
You don't expect it to be a banger,
and you're like, oh, Brandy,
but then you throw it, and you're like,
oh, yeah, that's right.
This one goes hard as hell.
Oh, dude. Adding it to be a banger and you're like oh brandy but then you throw it and you're like oh yeah that's right this one goes hard as hell oh dude adding it to the playlist what's the playlist called dude i'm not telling you what does it got in it is it just all kind of oh it's already in there
you don't have you're telling me you don't have like a lifelong playlist you've been contributing
to for like eight years that is just
like the best songs ever so that you can just put it on in times of need i do i do but i also like
other music and so i have like one that would have brandy in it but then you wouldn't throw like
electronic or like rap in that one right i think for me the it's like you need a playlist where if you have a group of people together,
you can just put it on in any function and any age group.
Like, you need to assume, like, okay, there are boomers here, too.
So you can't really put rap on there.
Exactly, exactly.
I have the same thing.
Mine is here.
Oh, that's a lot of value.
Yes.
Yes.
Don't you live it?
Dude, I wish Twitter had a native...
Twitter should actually launch a Spotify competitor.
And then imagine you could have like radio shows kind of on twitter
and then it's just the the uh music quality is perfect you know what i mean yeah because like
that would actually be sick if twitter i actually spotify is one of those slept on apps that is just
so sticky um and it's just like an amazing app like i don't i don't think i think i think of them as
like untouchable basically yeah i'm a little like i don't even know how you would build an app to
disrupt i'm a bit suspicious because they're like they're doing a bit of ticked off notification
not adding a lot of social and they're also doing a lot of like yeah uh yeah like um where they
curate they're doing a lot of curation which is getting a bit annoying um yeah you go in there and you want to play brandy and it's like are you sure you don't
want to listen to like girls that invest or like call her daddy like non-stop and it's like well
dude dude so what they um one thing they did one thing they did is they uh changed the default
shuffle to like smart shuffle.
So, you know, if you put on a playlist
and you just put it on shuffle,
it defaults to smart shuffle,
which like adds in songs that are like similar
to the songs on that playlist,
but aren't in the playlist.
You know what I mean?
Yeah.
And I have a feeling that if you're an artist,
you can probably pay uh to get included
in these smart shuffles you know what i mean like oh we'll we'll put you in people's playlists when
they smart shuffle more so uh yeah if you pay us there's a whole lot of um there's a whole lot of
sketchy behavior on spotify especially with like getting your song playlisted and then like uploading it
and getting it on the weekly and things like that.
It's a big kind of sharp elbows game where you have to kind of jostle to get a
spot.
Dude.
And also there's,
I think people make a living off of making Spotify playlists,
which is kind of what you're saying.
But like,
you know know sometimes I
think I think a lot there are a lot of people out there who will just look up
like barbecue or like electronic music or deep house and then they'll just like
you know you kind of just get sorted by which existing playlists have the most
saves and then the person that owns that playlist you know is
gradually updating it um and changing the songs in there and i think they'll actually go to artists
and be like hey i'll add you to my playlist that like this many people have saved and is their go
to that they listen to because i know i update it and then you know they make money that way
yeah you can pay to get on playlists yeah um and then something i also noticed is um
to your point of the tick tock of vacation uh they do this if you start listening to more podcasts
like they start showing clips from podcasts which i actually find pretty good because the
it's way more curated right like you're you're watching, cause if you're on Twitter, you're watching clips of people like dying.
You know what I mean?
Like you're just,
if you scroll reels on Twitter randomly,
you'll just see like something,
like someone being exploded or like a random,
like based memes that are like funny or it just scrambles your brain.
But then when you're on Spotify,
you're watching clips from podcasts,
and they're not necessarily making you smarter,
but at least you think that you're getting smarter.
Where on Twitter, you know you're getting dumber.
But you're okay because it's funny.
It does give me a bit of faith seeing Spotify evolve
because there was a feature that got added over the last months or so
where if you clicked on your user profile to go to look at your playlists the like the screen real estate was taken up by this huge like add
user button and it's like when would i ever need to add a user to my own spotify like am i running
two spotify accounts and it confused me for like months and then they removed it and so i'm like
look even like one of the biggest companies in the world just like screws up on their ui ux like kind of consistently like it was quite it's kind
of like a white pill that like everyone's just trying stuff and you can just do stuff and then
just like remove it if it doesn't work dude i think it's it's got to be so difficult once you're
a really large company because you know say you're a very small company and you have a hundred users right like you're probably like okay like
these guys are all I kind of understand them they're all kind of the same type
of person like I have a very simple use case you get to a thousand it's kind of
probably the same thing but then imagine you have like you know 500 million
people using your app like suddenly there's like millions of people who use it for some like crazy
weird way that you never thought of it being for and so you have to like
basically segment your audience into all these different types of users in ways
that they use the app and then you have to try to make the onboarding as
intuitive as possible for people trying to do different things with the app and then you have to try to make the onboarding as intuitive as possible for people
trying to do different things with the app and so my guess is that when they did that they were
they're like thinking of some new use case or user type that uses it for that thing
but then it's like there's always a trade-off because then it comes at the expense of a normal
person like yourself who's like i'm just here to listen to music i don't know why anyone would ever want to add more accounts or more people to an account you know yeah there's
a guy from there's a guy from there's a guy from chile just playing uh white noise out of 17
different accounts and he's like why isn't this working for me he's like oh this is the best
feature ever finally
you guys didn't care about me
oh man
fuck I actually yeah I love spot
dude you know it's an app or a new
we should actually come up
with segments for it like this is
this is a pretty good fun time
we should actually come up with like segments
like we're like oh okay there's we should actually come up with like segments like
we're like oh okay there's like 10 minutes we talk about that like startups like maybe the first 10
we just pretend like we're uh experts in like web 2 startups and we like know how to like triple
spotify's revenue and we just basically like roast uh big tech projects basically yeah just like sass bros just go hard on like
yeah their revenue multiples aren't looking so good this year
dude wait uh i met uh there was a clip that went viral on twitter a couple months ago and it was
just like three kids like who do a podcast and they were just talking about like the dumbest thing ever
um is it the foodie boys yeah and they were like but the way they talked about things or this way
the podcasters talk about things where like they say nothing like they take so long to say nothing
but then what they're actually talking about was so stupid oh like they were like comparing like
um like a sandwich that they eat.
They're like, I don't, I don't really know how I feel about the cheese on a sandwich
because you know, when you think about it, it's like cheese.
And then they're all like, oh yeah, that's a really good point.
Yeah.
And they're also like 15.
And so like one of the guys are like, I've never had a jalapeno before.
And the other guy goes, yeah, the other guy's like, oh, that good.
guy goes yeah the guy's like oh that good it's like huh yeah topics for today are jalapenos too
spicy ah dude i feel like you and me could actually be good podcast hosts as a little duo
um you know what you know what business i really like uh new up-and-coming business that i think
can be wildly disruptive and one of the most valuable
companies in the world 10 years is Aura. You know the Aura rings? Like that right there,
I'm dead serious. I'm like, okay, that's a diamond in the rough. Because to me, that's the type of
thing that both Apple and Amazon and Google all probably look at. And they're like, if we own this,
this would be super valuable for us because it's kind of an introduction into these like health
wearables. Um, and like the big, like, like, like one of the big trends I think of the next decade
will be, um, healthcare becoming way more, uh, I guess like localized, like in the sense that like, you
don't actually need to go to the doctor as much anymore. Like you only need to go to the doctor
if you know for a fact that you have to, right? So like, right now, typical like behavior for
people getting healthcare is like, they'll go to a doctor, like, once a year, go to a dentist once
a year, just for like checkups. And then if the doctor randomly sees something, they're like, okay, like maybe we need to double down. Now you have this, these like technology
of like an aura ring or like other things that are like not invasive, not like difficult to use
that just provide you with like consistent health data. And you're just always aware of how you're
doing. Right. And so then you don't really need to like go to the doctor as much because you're just always aware of how you're doing right and so then you don't really need to like go to the doctor as much because you're just like you're kind of like having like a 24 7 dot like
you become your own doctor basically um and that to me is so valid like the the aura rate it's so
it's so valuable and you you could see like uh my fiance for example she used to wear an apple
watch every day um and the only things she really liked using it for that she couldn't do with her phone
is, um, like tracking your steps, uh, I guess seeing your, your heart rate, seeing how your
sleep is.
Um, and then I guess maybe like, it's just less clunky and you can see your messages.
Uh, so the aura ring does three out of the four of those for you.
Like you just don't get the messages.
But once she got the Oura Ring, she actually stopped wearing her Apple Watch.
And she doesn't wear it anymore because the Oura Ring kind of gives her everything she needs.
And I was thinking about like I actually might get one.
I kind of want to get them for my parents.
They're a little bit older.
And yeah, it's just such a ring. but it provides you health data, tracks your sleep.
It also, if it tracks your heart rate for months, it can actually tell you how healthy
your heart is in general relative to your age.
So just really super interesting business to me.
What do you think,
though? Am I on the ball there? Yeah, very forward thinking of you to propose with an aura ring.
I don't know how many women protect it. Dude, could you imagine? No, I was actually thinking
that too. I was looking at the aura ring on one hand and her engagement ring on the other. And
I'm just like, why do you have two rings? You only really need one.
And then it's like, okay, well,
when are we going to start getting to these healthcare wearable wedding rings?
I actually, that's going to happen.
Melt the diamond into the aura ring and then you're good.
Dude, that's actually a business model.
Aura, like, you go, because aura rings,
they want to be somewhat affordable.
I think they're like 500 or 400 bucks. I know they probably want to get those down to two or three hundred but you could
just go the opposite way and go to the thousands and be like yeah these are like gold you know like
this is gold and here's a diamond that you can put in it and people just wear those um that's
should we should we start that business together bill You think that thing has legs? Yeah, make the price expensive.
Put a GPS tracker in it.
Put a heart rate tracker in it.
And put a diamond in it.
And then I think you're getting close to something that people would buy.
Nice.
Now the only thing we need to do to get funding is introduce a token.
So you come up with that part and then we can figure we can figure this out we'll shop it around some
vcs and we'll see what we can get um uh the the headline would be like x mon x early monad
employees leave startup to disrupt global wedding ring industry yeah Yeah. And then in brackets,
like the worst headline of all,
it would like make notes,
like something that you could have never imagined ever being written.
Yeah.
Well,
I mean,
it's two guys making a wedding ring.
It is like in brackets,
like they might be gay question mark.
Are they married?
Yeah. They had a pretty good thing going at Mona and they left to do this like wedding ring startup just kind of wild um but yeah we do have um wait how do i how do i pronounce your name uh
is it canal canal okay okay what's up what are you What's up? What are you thinking about?
I'm inviting you to enter the conversation about aura rings and wedding rings.
I actually think that's a banging idea because I think everyone's becoming so conscious about tracking their health.
I actually think we're already in the phase that you were thinking it's going to be 10 years from now
because I know so many people like coughing rings like these and everyone's like oh i don't get enough sleep i you know i don't know like
just going to the gym is becoming a major trend again adding diamonds to that could disrupt the
jewelry industry definitely good i see i definitely see the uh the angle there
dude you know who you know who could be a great first target audience, Bill?
We go as close to the heart of the diamond industry as we can get.
So we go to the people who are mining the diamonds.
And then it's like, this is where you start introducing the token.
Because the ring is actually earning you diamonds, right?
And so then it's adding to your the amount of diamonds that you buy um it's so wait whereas it's like a referral system
incentive alignment like hey just get the diamond yeah dude let's disrupt the diamond dude let's
disrupt the diamond industry isn't that in like the congo or like in africa yeah but dude think
about it i feel like if i
just flew there and like pulled up on him and said what's like what's good you know wearing
like a usa shirt uh with a smile on my face like reach my hand out to shake theirs i you know we
could see what happens have you ever watched blood diamond the movie yeah yeah yeah it's kind of wild like i it it is kind of wild
like the world as the world becomes uh more advanced uh it becomes more dystopian because
like life gets way way better for the uh top countries and then i guess it there are just
still a lot of countries or it doesn't get better at all and then i guess it there are just still a lot of countries
or it doesn't get better at all and so it's like there's just different worlds existing at the same
time like it's kind of wild that there are basically people who are modern day slaves
all around the world it's kind of insane actually yeah it is when you deep it like that 100 i think
we're so like isolated to the things that we just see our maybe like our
timeline most of the time right it's just we don't really sort of understand the scale of things
outside yeah it's something that crypto could really democratize um but anyways uh bill um
have you have you used showdown have you have you tried it. Mondays? I don't believe I have, unfortunately.
So I'm not the best to bounce to.
But I'm going to jump to it now.
Right.
All right, Kanael.
We were actually talking about this yesterday.
But what is the one-liner on what Showdown is?
Because it keeps popping up on my feed.
But it's kind of new.
So it's a little hard to wrap your head around.
So what exactly is Showdown?
Yeah, 100%.
I think, so the way I describe it is, in simple terms,
we're a wagering and tournament platform for gaming,
or as you've helped me now position it as an eSports dual arena.
eSports dual arena.
What does that mean?
Essentially, we take AAA titles.
So games like Counter-, FIFA, chess,
you know, whatever it is, these are games that are successful. They have a massive user base,
but their incentive alignment and monetization is broken. And what we allow people to do here
is essentially for good at the game, you can make money off it using Showdown's sort of modules that we have.
It's similar to how you gave me a story about RuneScape, right?
I think the game gets a lot more interesting and a lot more fun when you can actually hustle and make money on it, right?
Right.
So, okay.
So, you gave me what you do, but what can I do with the app? So you can essentially play chess, Counter-Strike right now, wager on yourself, so bet on yourself.
The difference here on Showdown is it's not a speculative betting platform, but instead you're betting on your own skills.
So you can go against Bill for like 100 team on, and whoever wins takes the price pool home.
You can also host community tournaments
in four simple steps so you could have a price pool uh you could sponsor it whatever you wanted
to let's say team on for now on the testnet um and then we handle all of the management in terms
of the matchmaking the seating you would just play the game and and then if you win, you get paid. Okay, so if I'm good at FIFA, and then Zayn says, no, I'm better than you at FIFA, I can go, all right, well, let's duel.
And we both go into showdown, and we just fire up our consoles, and we play against each other?
Is it really that simple?
And then we basically just both wager whatever we're willing to bet on the game?
Yeah, so the wagering criteria comes before
the gameplay so you would just use our front end to essentially say hey we'll play 10 minutes from
now this is the amount of money we want to put together and that would just generate a match
link for you to just hop into so then you just play the game and as soon as the game is done
that it will resolve itself there There's no manual reporting.
And then you can just claim your winnings.
How does the platform know who wins?
So the way we integrate all of these games is we use the game server data that we get to essentially map out that Tunes played in this match,
this was his statistics, and this was the game result.
So you can think of the servers as an oracle here. So they get posted on JIN. We verify based
on our database, and then we essentially, well, look, the contracts would resolve the escrow.
And teach me a bit about how these servers work
and how public the data is around them.
Yeah, that's a good question, actually.
It's almost like you guys are the Oracle.
Are you guys the Oracle, in a sense?
For the games that we have right now,
for Counter-Strike, we are,
because we host the servers ourselves.
But for chess, we don't host host the servers ourselves uh but for chess
we don't host it we we use light chess so we work with light chess if you've heard of them
they just provide us with the user data in which is directly integrated you know it's basically an
api call for light chess which would then come into the contract but for games that are open
source we prefer getting or hosting the servers ourselves.
As we expand, we kind of want to let anyone be a part of the result verification process.
But right now, in the early stage, we wanted to just get it out there running and sort of get the functionality of the wagering running.
So we went with this for now.
we went with this for now okay and then yeah so i mean what is the well what's the classic uh uh
server build like look like like for i don't know fifa or like you know madden or something yeah so
super super difficult to even get access to.
For those games, what we're doing is we're working with some of our partners that do ZKTLS.
I don't know if you guys are aware of what ZKTLS does, but you get a customer OAuth token where the user sort of signs into their account.
And then we get all of the data that we need for validation.
We actually don't host any more servers then. We would just essentially go into the user database
that EA or let's say FIFA or Madden
would host in their internal databases saying that,
you played this match at this time and this was your score.
So that's how we're planning to scale
on a lot of these titles.
Because a lot of them are super, super close source, right?
And to get any sort of API integrations
is way more difficult
um but games like league of legends uh counter strike dota these are games that we can do
ourselves okay um got it so here's another question um are there any games that stand out that are the perfect use case for this where people like
generally just want to kind of do one-on-one wagers yeah so counter strike 100 so there used
to be i don't know if you guys are aware of Counter-Strike skins.
They are essentially like one of the first version of a digital asset that came out.
And they're like a billion dollar, I mean, nine billion dollars in revenue has been done
through Counter-Strike skins.
There was a platform, I think, five to six years ago that allowed you to wager on these
skins in your game.
So theoretically, the same concept.
So there is PMF and Counter-St strike and they did a billion dollars in volume but because you because you
were having like ip infringement issues by using um you know the skins as collateral because the
game publisher didn't want you to do that that sort of got shut down um the other game is fifa
and i would say fortnite if you if sort of jumped into the Discord servers right now,
you will find people saying like, hey, 1v1 me.
You know, I just need someone to be an escrow.
I'll like Venmo you $50.
The issue there is you can get rugged
because you don't know who the other guy is
and you don't know if your money is going to actually turn up.
But there's definitely a lot of demand
in terms of someone wanting to do this in these three games.
That is actually like widely known you can just you can just hop on like streams and you'll see people like like like openly betting saying like hey just join my server if you beat
me i'll i'll pay you out right now got it so wait so what did what did we say it was originally what
what was the term we came up with again?
Esports dual arena is the one that we sort of were discussing.
Okay.
So we need a word that draws the difference between being able to get rugged and not rugged you know because
it sounds like these things exist but they are not popular because people don't trust them
yeah i mean there's a lot of manual involvement right i think the reason we're using the chain
as well is because the contracts are the escrow right i? I think you, I mean, it's non-custodial, but you would just put your money in and then
the result will be verified and you can just claim it out instead of you having to like,
let's say like bill is an escrow between us.
We would send him money.
We will play a game and then we can go back and report to him saying that, hey, I won.
And then there's a lot of disputes, right?
So I think maybe like trustless is a good word here.
So trust,
it's a trustless dual arena.
Yes.
All right,
let's go.
I feel like,
yeah,
cause you actually have to,
a lot of progress in 24 hours.
Yeah.
Yeah.
Cause you,
cause you have to,
the challenge for you is you actually have to onboard non crypto native people. Right.
Yeah. I mean, that is our major audience. Right. I think as we continue to grow, we kind of want to abstract away a lot of the well, you want to feel like you're on a chain.
feel like you're on a chain. But I think like, there, I mean, the current tools sort of allow
that to happen with account abstraction, you sign in with your email, a smart wallet would just ask
you to approve once and then you can sort of like, you know, have just like an experience of
clicking a button where your balance is getting deducted. So it's getting there. I think if you
guys would have seen we had like two grandmasters like do a wager two days ago. And I think if you guys would have seen, we had like two grandmasters like do a wager two days ago.
And I think the best feedback that we received from that was like, hey, it was so easy to use it.
And these are guys that, well, they don't even like, you know, like screen share on Google Meet or use Google Meet well enough because, yeah, they're not as aware of how crypto works, right?
not as aware of how crypto works, right, I think. So it was, it was good to hear. But
I think.
So it was good to hear.
yeah, our end goal is to make sure that it's, it's literally as easy as clicking a button
as you would on like some of the other webto platforms.
Got it. Very cool. um, so let's say I'm a Twitch streamer, um, and you're trying to convince me to use
your platform.
Um, you know, like my audience is on Twitch.
So how does this disrupt my, my business model?
Cause my business model is my audience.
The most important thing for me is I don't lose my audience.
Yeah, so we actually,
so we view ourselves as people that don't disrupt.
We actually supercharge.
Because if you go to Showdown right now
and you go to the streaming section,
we actually embed Twitch.
But what we allow and what we plan to
sort of add on to the feature there
is that you can get tipped in crypto.
You know, we'll have like different
engaging aspects for your Twitch stream specifically if you're using it on showdown for
example i think i was hinting at you could have like prediction markets on hey is is tunes gonna
you know like maybe kill bill first or you know just this this fun stuff for the game to be a
little more interesting uh and another important thing is on twitch when you
when you get tipped i think you lose like 30 of the royalties you don't even get to like take money
home and it's i think it's in there like native twitch coin or something right i think we wanted
to be as simple as yeah i like your content here's just like 10 usdc 10 usd or you know maybe 10 mon
um directly to the the streamer itself uh yeah and we also with the wagering because we know
there's so many streamers that already do this openly we essentially are coming up with a bidding
system where anyone watching the stream you'll have like a 30 minute window where you can like
keep betting on you know the highest bid like it's like an option so i can go like 10 mon i want to
play tunes now maybe bill can come in and say like i'll go 50 mon to play tunes right and i think when that when the time slot shuts
the match get created automatically and then only both of you whoever's the highest bid can hop in
and play against it so it's just making the experience way more engaging and also help
monetizing exactly uh you know what let's say like the
monetization that twitch forgot to add that's the way i put it got got it bill how are you feeling
yeah good um very good um i guess uh so it's mostly based on, because the games that I can see currently are the Counter-Strike, right?
Is it mostly Counter-Strike right now?
And chess.
So those are the two that we have.
We have Fortnite coming in a full-fledged deployment.
I think right now we have a server that we've built out.
It's Monad-branded.
We have a leaderboard within the game.
But very soon we're going to havenite wagering and tournaments as well and there's a few other games
that you know maybe on the web3 side as well we're looking to add but we want these games to be uh
well one esports worthy in a way we don't want to just have any game integrated to showdown
but yeah have you ever bought and sold fortnight skins aren't
they like crazy assets yeah man so similar with counter strike i think counter strike is even
bigger oh sorry yeah counter strike skins yeah yeah counter strike skins are on the platform
and the way we do it is so you can play on showdown in win to earn that's one of the game
modes that we have here we look to incentivize you
on the time and let's say your skill that you have in these games uh so the more you play the
more you complete milestones on showdown you can open the loot boxes that we have on the website
and then you get a skin uh that you can sell off in a secondary market if you want to do this is
like again direct fiat that you can have or you can use it in the game itself um but
in general if you want to get a counter-strike skin you have to go out and spend money
yeah it's fascinating how like the skins on counter-strike have taken off so
successfully um and almost in like what people have dreamed that nfts could be
people have dreamed that nfts could be or like nft trading could facilitate um yeah 100 i agree
there i mean that's why i sort of hinted at counter-strike skins being like the first digital
assets that were created um but yeah their success is insane man i know like so many people that just
like you know just open loot boxes daily like spend shit ton of money just like trying to get like a knife or like trying to get like a, I don't know,
like an AK-47 or an AWP.
These are like different guns in the game.
But it is, I suppose it's the dopamine that it provides as well, along with the monetization
that you can get.
So yeah.
So I feel like the flaws of those assets or like at least the price action aren't as
aggressive to the downside because there's like kind of always use of the game and so like the
status is pretty well entrenched across time so like you know you're not going to get like a really
high like there's not going to be massive dumps in certain assets unless like counter-strike
actually changes some kind of dynamic and makes it less rare or something like that like because
of just because so many people play counter-strike like it's one of the most played games right like
well i know all the the um like russian ukrainian like eastern european bros love it like whenever
i go on there they're always the ones that are charging the hardest. Yeah. I mean, I think it's one of the only few games
that have like a million active players daily,
like without fail.
And the funniest thing is the skins are just aesthetics.
Like they don't even add like any benefit to you in the game.
So it's crazy how it took off.
Definitely a case study to have.
I need to have.
Okay, so how do you onboard
people to the platform?
Is it like
the way you onboard is just
through streamers with audiences
and you just try to onboard the streamers and hope that
the streamers onboard their audiences?
Or like, if I'm the type of person who is not a streamer, but I enjoy watching people stream,
what's like my experience like? Like, how do you onboard me?
Yeah, I mean, I think the beauty of sort of tapping into these already like established communities
where, you know, there's one clear problem that you can
solve is the fact that, well, we view it three ways. So we have a grassroots approach. We of
course also have like the, we want to tap into the Monarch community and then the streamers
and the professional players that you've just mentioned. Once you get like a wave of people
and they realize that, hey, I can do X, Y XYZ on Showdown. They just end up inviting their friends.
So as of now, we've had like weekly tournaments,
we've had college tournaments,
we've had the grandmasters play.
So I think it's just been like a compounding effect.
And I think of course with real money,
that really changes the game.
Cause right now it's, you know,
it's all about just getting the experience and like i suppose getting skins on the platform um but we
see the distribution channel being quite straightforward here um it's just about us
executing it and yeah that's what we're planning to do like it's as easy as you're just signing in
with an email and you're playing the game you anyways would play and you're just, like, linking Steam and like this, right?
So it's very easy to start using Showdown.
I think that's important.
This is very, very interesting.
interesting um we got jess up here i'll add i'll add him in um what would be um the best way
We got you also up here.
I'll add him in.
that we could uh support you guys like just in the sense of like um
like what like what do you what would you want to see like should me and bill go play a game
against each other basically and kind of
just run it on showdown?
Because I feel like this is actually pretty good,
like something that can kind of seamlessly be built into a lot of the
content that we do in general.
You know,
we have lots of like,
for example,
we have Monat in the morning.
So we're already doing a live stream.
Like I could totally see people going head-to-head on Showdown, right?
So we actually already have been doing...
We did a Fortnite stream last week on Showdown.
Nice.
Sorry, Tunes, your idea has been taken.
You've been beat into it but 100% I think I think it's just you know like the more people engage they'll
like you said maybe if I think people would 100%
want to watch Tunes versus Bill or Tunes versus Joseph
I think it just makes it a lot more engaging
similarly I think on the Web2 side,
a lot of the real gamers appreciate,
let's say, watching their favorite streamers battle on Showdown, right?
And I think that's something we're working towards
to make it happen.
So on the Web2 side, on the Web2 side,
these are clear angles that we can tap into.
We also have ideas where I think we were discussing
getting different teams to battle each other.
That's something that could be fun.
Maybe like the showdown team versus the Monad team, right?
I think those are just content pieces that really do well and really like does resonate with the community.
So I think that would be great support.
And, you know, we're always responsive of, you know, how we can help add value as well.
I think I've spoken to Joseph a lot about this.
And it's been awesome to have, like, an idea of how we can add value to Monad as well.
That's awesome.
Very cool. Have you come across any... I'm always thinking like, you know, your audience right now is people in crypto.
Like build or engineer a game that's like literally designed to be more fun if it's played on Showdown than not.
Like, do you know what I mean?
Like in here, like it's like kind of built in.
Like it's like, because I feel like that type of thing could be really powerful if you started pushing a game like that.
Yeah, I think what our efforts are currently focused on integrating already
established games i think we'd be happy if there is someone who can help us build this i mean our
expertise is in in understanding the monetization issues because i mean that's my background i come
from like a web2gaming side i've wasted 10 years playing well i say wasted now because nothing came
out of it but i used to play counter-Strike and FIFA at a decent level.
But, you know, that's where I realized, like, this needs to be fixed in gaming.
My expertise, or I think our expertise doesn't lie in creating a new game,
but more in terms of, like, understanding how can we really help an existing community
where, you know, these things are missing.
In a way, like, you know, we do have, like, targeted, like, milestone quests where if you're playing Counter-Strike,
we can make it more fun where we give you, like, an end goal to give you, like, a reward, right?
Let's say, like, get 50 kills with AK-47 in, like, the next one hour.
It's, like, just challenges that you can have.
That makes it really exciting, I think,
because at the end of the day,
the way I view things is if you give someone a finish line,
they'll probably actually have an idea how to get there
instead of just leaving it open.
So, yeah.
So one of the cool things that I see potential
with the Showdown platform is like the ability to to directly
connect uh the streamers or the people with their audience as well like for example when we did the
fortnight stream last week you know we were able to capture all of the wallets of the people who
were viewing through showdown and we're able to send them a soul-bound
NFT. We've talked about with Monad in the Mornings using it as the ability to distribute
the rewards and the spend-to-win stuff because you're able to capture their wallets and their
information on chain.
And then that kind of eliminates the people having to reach out to us and you can verify that that is the person.
So there is that kind of cool piece to it of being able to directly connect with your
audience and the people that are watching it and potentially reward them with things
or send them a PO app of some kind, there are some cool use cases.
And I think the people who are more creative in figuring out
how to use the technology that you guys are building
and connect with their audience, they're just going to excel, I feel like.
Yeah, 100%.
I think we've had discussions, I think,
about how well-content distribution can be a big one
that we can also sort of move into,
especially with streams, right?
I think we want to make everything easier,
especially managing a lot of the distribution side of things.
Yeah, I mean mean with the right
incentive alignment and the right like how easy it can be to use something like this will definitely
excel how do you think of like the game theory of it in terms of there will be players on there who are obviously very good and will know how to place bets
and will consistently take all like how have you thought through it not being like winner take all
in terms of like skill levels and things like that oh yeah 100 i, one thing is it's completely PvP, other than tournaments, of course. But we also want to kind of help solve like fair matchmaking. And I think the way we want to do it is that eventually everyone on Showdown is going to have, think of it like a passport on chain, where once you sign up, all of your game data that we sort of integrate with will give you like an average on-chain score.
And then there's going to be like different access to, let's say, like if you want to do high stakes, you need to be a certain level.
If you want to be like maybe like a one to five dollar person in terms of the wager amounts or the price pools that you can battle for,
then you probably have a very low score right and we want to help our people understand that
you can get better and to unlock let's say high stakes you need to be good so even anti-smurfing
sort of gets solved this way because if you're going to create a new account and you're actually
pretty good we're not going to let you actually participate in high stakes. I mean, that's the way we kind of view it.
So you kind of get categorized on chain and that sort of unlocks the complete platform potential for you.
And that is how we kind of want to make sure that it's definitely aligned and everyone's having like a fair chance.
and everyone's having like a fair chance because like also with with chess like what's to stop
someone using the uh like chat gpt pro or like whatever chess like you know uh modeling software
is out there to just like repeatedly kind of win those games yeah uh chess is definitely one that
we're working very closely with certain people like
especially people in the space like the grandmasters that we brought on to really understand
like what are the major itch cases here but we do have a unique system that we're thinking about i
kind of don't want to give it away yet but it's going to be an anti-cheat system that we we sort
of implement um where again it's gonna have like third-party
reviewing it's gonna have like a consensus being reached on the matches uh in sort of majority
uh why people are certified i mean i think that's probably the best way to do it until then we'll
limit let's say the time of the match so if it's like one plus zero three
plus zero becomes very hard to use an external uh well cheating system um but i mean that's the
beauty of testnet right i think we're actually using this time to figure out how many people
are cheating we have caught a few people even though there's nothing on the line so um we're
just doing as much in terms of
understanding user behavior there are some cool tools that we've already looked at that can help
you prevent certain cases um so yeah i think it's definitely a space that has a lot of scope to
build in as well i think like ensuring games are played fairly because what was that there was that there was the famous um
chess controversy where magnuson had like a vibrating thing up his ass do you guys remember
that no it wasn't magnus that's why it was the other guy but yeah dude that's it's insane i mean
that's my point i think with most things like it's of course like well even it's online you
can probably still find a way to figure it out but in person it's also so hard to cast these things right so it needs to be like the way we view it the
ferris system is actually having like uh let's say like an admin system which is like a council where
you don't know who's voting on what but you just get an opportunity to review what's in front of
you and say i think this was cheating and then you sort of put all the votes together
and then you see which one was the majority
because
with the right incentives there, I think
it can actually be the best system because there's no
other way to sort of
catch these kind of things, right?
Yeah, I know that Tunes is a big
vibrating anal
implant chest cheater. Dude, whatever, I'll that Tunes is a big vibrating anal implant chest here.
Dude, whatever, I'll do anything to win.
Yeah, that's a spirit that we like, especially on Shirt Up.
Wow, what a way to bring me back into the conversation.
This is incredible.
This is very cool.
What are the big things you guys are going to be shipping soon?
I'm going to try and keep it.
I don't want to drop too much alpha,
but I think we're're gonna have a version of
the anti-cheat god so at least one explanation that everyone will be able to see uh we do have
some streaming features that might come out which will actually make it a lot of fun counter strike
wagering goes live in the next few days um we do have another event coming up, which is similar to the Grandmasters,
but more on Counter-Strike's lines.
We will have, like, some high-stake tournaments as well,
and hopefully Fortnite will be added to Waging and tournaments
in the next few weeks.
Amazing.
Very cool.
Very, very cool.
Okay.
Yeah. Very cool Very very cool Okay Are you going to come Play Fortnite with us
Toons
We're going to do a weekly Fortnite
And host it on
Showdown
The only game I'm good at is Madden
And FIFA kind of
Bro I'm
You don't
have to be good. You just have to be
in it. Yeah, I mean, winter does
carry them anyway, but...
100%.
Yeah, FIFA is one.
Trust me, man. That is my dream game to have
as well, and that's something I'm definitely
going to get on the platform eventually,
and then I'll come battle you on FIFA.
Awesome. All right. Well, Kanawha, I want to thank you for hanging out with us today.
Any last takeaways for the NADs that you want to say?
Of course. Thanks for having me on, man. I think it's awesome
and it's been a great experience being on Monad.
I think it is definitely
a place that we resonate with as well.
I think I was speaking to Joseph and the guys.
As a founder, you kind of have to make
a bet on where you think
is going to be the best environment for your
protocol and I think
the NIAs have been so welcoming.
We know we've had, well, the guys at the Valiating Spaces
in the beginning.
We have, you know, even like for the Showdown team,
we've had guys like Baikan, Monasex,
that we've hired directly from the community as well.
So I think, yeah, everything is going well.
We're super excited to be a part of this journey.
And, you know, we just want to, you know,
we want to get the Masters on chain.
We want to get them to Monad specifically
to continue supporting us, join the tournaments,
watch the streams, watch Monad in the mornings on Showdown.
And yeah, I think it's going to be a lot of fun
in the coming months.
Awesome. I love to hear it.
Very glad you are part of this community.
Everyone go check out Showdown.
It's a trustless dual arena.
Go bet your friends that you will beat them in your favorite games
and take all of their testnet mod.
All right. Thank you all for coming.
Thank you, Joseph. Thank you, Bill.
And we
will all see you next
week. Take care.
buh-bye.
Thanks. See you guys. When you're spending every day on your own And here it goes
I'm just a kid
You know I did a nightmare
I'm just a kid
I know that it's not fair
Nobody cares
Just I'm alone
And the world is having more fun than me
Tonight
And baby when the night is dead
I'll crawl into my bed
I'm staring at these four walls again
I'll try to think about the last time
I had a good time
Everyone's got somewhere to go
And they're gonna leave me here
I'm by you
And here it goes
I'm just a kid
I'm just a kid
I know that's not fair
Nobody cares
I'm alone in the world
And I'm having more fun than I need.
What the hell is falling me down?
Is anybody out there this happened to me?
What a way I'm falling.
I can't fall with me.
And every night is the worst night ever.
I'm just a kid.
I'm just a kid.
I'm just a kid.
Yeah, I'm just a kid.
I'm just a kid.
I'm just a kid.
I'm just a kid and a life is a nightmare.
I'm just a kid and a life is a nightmare.
Nobody cares if I'm alone in the world and nobody wants to be alone in the world.
I'm just a kid and life is a nightmare I'm just a kid
I know that it's not fair
Nobody cares
Cause I'm alone in the world
Nobody wants to be alone in the world
Nobody cares
Cause I'm alone in the world
Having more fun than me.
Tonight.
I want a love tonight.
Nobody cares.
I'm tonight.
I'm not.
