fresco and then we're gonna get going
Yo, what's up everybody I'm gonna play some music while we let some people filter in gonna hit you guys with some major bangers here
I'm about to let you know, five, four, three, two, one.
She's the best princess, blockin' her man, blockin' her Tokyo, aye, let's get it on how
we call it, let's hit the royalty with brands, who is nothin'?
Made G, made G, got it jumpin'.
How long the town is goin' down?
Drop a pick up, pick me up, we got cools up, can we touch, stop, we fly luxurious?
Might be angry, but I'm doin' this a lot.
We got no more shit in this city, who's higher than us?
We keep out that action, you get sliced in the franchise,
I be chillin', just relaxin', they max call, I get the max in.
My hands are like weapons, I teach lessons, don't be testin'.
You can come and try it, meet you, the greatest, no denying.
What I got, you can't get it, yeah, that's mine to be insipid, you so terrific,
but crazy at the same time.
Fight for what I believe, there ain't no rhyme line.
You must've forgot who my granddaddy is, I caught the tongue on her heel.
And her presence better kneel, might be elegant, but it get real.
Meeky gon' seal the deal, it's all fun and games, till you say the wrong name.
Unleash the beast, Meeky wild and untamed.
Made G, we gon' go crazy.
Made G, we gon' go crazy.
Made G, we gon' go crazy.
Made G, NFT, we have three.
She's a blessed princess, blockin' her name.
Tokyo, aye, let's get it on how we goin'.
Let's get the royalty with friends, who is nothin'?
Made G, Made G, got it jumpin'.
Out on the town, it's goin' down, walk a pick up, pick me up.
Hey, y'all, who's up here because, stop, you fly, look too real.
That might be angry, but I'm doin' this for love.
We got them mocha in the city, who is higher than us?
It's no one that's higher, we goin' off like a siren,
when I speak, I need solids, so, this could give out,
and how you love me or hate me?
Won't let them break me, won't let them mistake me,
Meeky, get up, slice and dice, throw the burden, get on right.
But my outfit lookin' like, I just hopped off a flight.
Sophisticated, look, I made it.
Made G gon' be the greatest, and I don't care how you take it.
I will destroy my competition at all costs.
Was raised by him, so it's only right, I'm a boss.
Y'all cool, so we reppin', we reppin'.
Red bottoms on, bloody puddles when she step back.
Made G, we gon' go crazy.
Made G, we gon' go crazy.
Made G, we gon' go crazy.
I don't know how somebody can listen to that
It's one of my favorite songs.
Just in general, not in Web 3, it's just a great song.
Sinjin found, I don't know who that is, but he's awesome.
He's up there with Sam with how pumped he gets everybody.
No, I guess so, go ahead.
Yeah, so, give everybody some time to trickle in.
So, Jerry here on the Made G account, aka Fresco,
joined by Sinjin, founder of My Angry, who's a girlfriend,
and yeah, super exciting time.
So, the Made G ecosystem as we're getting up
to the Made G Black Card Mint,
happening at the end of the month on Exterio.
And a few actually big updates coming just beyond that.
So, this space will focus on the Black Cards,
what they do, the purpose that they serve
in the Made G ecosystem and how people can get one.
So, if anybody has any questions,
feel free to just request to come up and speak.
Just raise your hand if you have a question or a thought,
and then we'll make sure we get to you.
But start, Sinjin, how you doing, man?
We haven't done our own space for months and months and months.
So, this is great and it's great to have you hosting.
So, I guess there'll be chaos today between us.
Usually, people pit us against one another,
even though we work together.
So, it's weird to be on the same side.
Glad I'm not going to be getting bullied on stage for once.
I feel like you'll definitely be getting bullied on stage.
Icy is already breaking the hand rule.
So, it's already happening.
And I literally put a comment saying,
did we bully for the alpha?
And then you invited me to the stage.
So, you're asking to be bullied, really.
You know, you guys are...
What happened to the hand system?
You guys all do it with Sam to ask.
I'm on the computer because I wasn't expecting to come up here.
You can just throw me a wave.
So, I'm super excited to be doing this space.
I'm super excited to get these black cards out.
I know Sinjin probably is as well.
And that's something that I think everybody wants to know.
Does Sinjin have a black card IRL?
And it's kind of crazy because it's an unlimited...
But you have to pay it all off every single time you use it.
So, you could put like a million dollars on it.
But next month, you have to pay it down to zero.
So, I'm just really scared every time that my wife uses that card.
I've been so fucking surprised sometimes.
Because not to say my wife is irresponsible, but one time she did put like 40 or 50k on it.
And I went to the bank account because we don't keep everything in cash obviously.
And my bank account was wiped out.
I went to go pay my own credit card.
And I was like, what the fuck?
Where's all the fucking money?
And I go, honey, we got wiped out on our bank account for this month.
And she's like, oh, I'm sorry.
I didn't tell you, but you know.
So, yeah, she's fucking hilarious.
I didn't know that black cards were just a glorified net 30 account.
Super interesting to know.
So, let's jump into this.
And I think just to get to it, XinJin, a lot of people are really curious about
And what purpose do they have in the Meiji ecosystem?
We haven't really disclosed this.
It's on our white paper with just one little section of it.
But the entire point of Meiji in the first place was that we were always going out to
And the very first thing that I wanted to do was actually build out the first game.
Because the first game was actually the most difficult game in the sense that in
creating an ecosystem and what a lot of people do for their economy is that,
we're all trying to create this open, sustainable economy.
But unless you're an RPG MMO where you have like, I don't know, like 15 different game loops,
it's really difficult to make a single economy, an open economy in a very simple game with a
So, what ends up happening is that games that are very simplistic in terms of having one
or two game loops, where there isn't crafting, there's like only like competition or there's
only a couple of like mechanisms in it, it ends up being a centrally planned economy.
And when it's a centrally planned economy, like communism, it doesn't have this dynamicism
that you need to really create different ways that the economy functions.
And so, it's very easy to game.
And the way that we looked at it was that Meiji, the very first game that you guys
have been playing is really like the federal mint.
It's the mint area of where it mints Meiji, our ecosystem token.
And the reality is, is that any game which is using the in-game token as an incentive
where you're minting the token through winning or through playing the game is going to be
Because if you try to or like set up the game itself, that it's not net inflationary,
meaning that there isn't like net winners.
And then you make it zero sum, no one's really going to play that game.
Imagine you played any particular game to win something, whether it's like the carnival
or something like that, and no one ever won anything.
It'd be pretty soon obvious that no one's winning anything, that the entire game is
being sunk to like net zero and no one will play anymore.
So then what do you do with this excess of net winners?
Well then, if you don't do anything, right, and just kind of give them options,
little options like accessories or like little items that they can buy or more NFTs
that can buy, there are two things that happen.
Number one is like the initial collection, if you're using the initial collection to
kind of expand it, then it becomes diluted, right?
And then as there are more NFTs and as there are more players playing,
then the supply increases.
And that was the main problem with Axe Infinity.
And something that we noticed was that the more axes that you make,
it's not just that the tokens are being produced in multitudes.
They're being produced in multitudes upon multitudes, like truly exponentially, right?
The second thing is that as you have the supply,
what are you going to really do with the supply?
And for us, that comes out of the ecosystem.
And any supply that's kind of created should have a way,
not just for like a kind of game-placing, but almost like an ecosystem sink,
meaning that you should be able to invest this ecosystem,
the tokens into the ecosystem.
And what is the ecosystem?
You guys know that if you get that one first sin princess,
that you can mint out your own plan of another like 12,
and the benefit of that is that you have your own client of like,
in total 13 or if you're a VIP, like 17 players,
you can pull your resources together to play, but not just the first game.
So why we set it up was to create this ecosystem,
and what the ecosystem is, is basically this massive criminal empire
that you guys are going to build out.
And it's going to provide basically the first kind of thing that criminals do,
not to say I'm a criminal, I first had an experience of this,
is all these underground businesses,
like underground casinos, sports books, racketeering,
a loan sharking, so on and so forth, right?
So what the ecosystem is really is that we are creating the GTA of social casinos,
which that is your empire.
And by doing so, what we're going to do is we're going to issue licenses,
like gaming licenses for you guys that are going to be limited on the platform
to basically build out your own criminal empire.
And that's the big reveal.
And so the black cards, what they're going to do is,
it's almost like a founder's pass.
They're going to give like early allotment and a specific allotment
for these casino sports book,
you know, e-sports licenses that are going to come out in the platform
for you guys to get like your own, like private allotment first, right?
It's not to say that it's not going to be open for the whole community,
but the founders pass are pretty much given out initially
to a lot of our dedicated VIPs
and to certain community members that we feel like have really contributed
Because I'll give those one last point,
is that you guys know that I'm from the casino industry.
And then if you're from Macau or you're from Vegas,
you'll see, even if you go to Vegas,
there's like a ton of like casinos,
and so like no matter how many casinos there are in Vegas,
there's an X number of casinos.
So there's a scarcity there.
there will be like only like 10 or 15 casino licenses
of a certain type, 10 or 15 like poker rooms,
And clans will be able to join together,
make coalitions and buy into these licenses
you know, what it's called,
underground casinos and sportsbooks together,
yeah, as part of the ecosystem.
And then from that point on,
because there's this kind of massive kind of engine
of the social casino where people are investing in it,
that will make this really open, sustainable economy,
which we're truly trying to do,
is really make a real life,
you know, underground social casino ecosystem
That's on the blockchain that is totally open
So that's why we're doing this.
And so this is kicking off that narrative of this ecosystem
and basically being the GTA of social casinos.
So sorry, that was a lot to unpack,
but I've been holding it back
ever since we started development.
So that's the alpha there.
Yeah, it's finally a time to get it off your chest, man.
Yeah, Sinjin did say a lot in that.
So if anybody has any questions,
again, just raise your hand.
Lemz, if you're on PC, throw up a wave or something.
I'll just keep an eye on it.
And I'll keep an eye on the comments.
So if you have any other questions
that you don't want to come up on stage and ask,
or you don't want to get yelled at by Sinjin,
throw them in the comments.
I'll take the heat for you.
But I think that's really unique in what you said, Sinjin,
is that these are going to be licenses
for people to build on top of the Meiji ecosystem, right?
So it's going to be a way for people
to take an experience like esports
and be able to start hosting their own tables, right?
And so the biggest thing about...
You know, people talk about Rollbit
and like Stake.com and stuff like that,
but these are just like traditional casinos
And the reality is that I've been part of that industry.
I had some moral issues with real money casinos.
the problem is that because in real money anyways,
and even in like social casinos,
whether you go on the App Store or Facebook
because there are unlimited amount of casinos
eventually that all gets diluted, right?
So something that's very profitable right now,
three to five years from now will be very unprofitable.
But having our own ecosystem
and that has a scarcity of these licenses, right?
This creates a sustainable system
where it's centered around a few licenses
where they're not expanding
and so people can really operate them
as if they're like kind of real businesses, right?
that if you were on Facebook games,
which Zengo was with Zengo Poker
and Zengo Poker would be a good example
of a social casino situation.
If there were only like 10 operators,
providers of let's say slot machines
or social background or social slots or poker on it,
how much would each one of those licenses actually be
to be an exclusive provider on Facebook, right?
And that's what we're trying to mimic.
We're trying to mimic the actual
real economy of an underground criminal empire online.
And that is what makes it a real sink.
So people talk about like tokens
in the gameplay as sinks.
We're not talking about that.
We're talking about like tokens
as a means for investment
into a real online business
And I think that is really going to be
what creates a sustainable economy.
Because really what a lot of people talk about
in web three is tokenomics.
Like how do your tokens work?
How do people kind of get it and speculate on it, right?
But they're not really talking about businesses
that are run by the community.
And for us, our UGC is really businesses
that are run by the community.
And so all like the key first holders
are really our partners in creating this platform
of Meiji as the Yakuza ecosystem.
Yeah, it's a really interesting
lot to kind of like work your mind around.
Whereas like a lot of people are really trying to create
UGC mechanisms and UGC tooling.
You're kind of just blowing past that
and wanting people to build businesses on chain
within the Meiji ecosystem, right?
Which is a really novel concept.
I don't think anybody's really thought of that fully.
But it's also in one of the most lucrative environments
that exists in social casino settings.
It's a huge genre, both on mobile and desktop.
And it's something that has endless amounts of...
Think of how much money people pour into casinos
like in Vegas and Macau, all of it world, right?
So it could be very lucrative for people.
And the black card is the ticket
to one of those licenses, right?
Yes, so then it kind of pretty much guarantees you
to be open for an allotment.
So like, let's say that we have the 10 licenses
They're all going to go up for like auction, right?
But like, let's say out of the 10,
even though like it seems like a small number,
like two of them will be guaranteed
And then maybe one will even be raffled off.
So the value of these licenses
actually end up becoming quite a bit.
And let me give you the real like alpha banger here, okay?
Real money gaming, no matter where it is in the world, right?
If it's not fully regulated, like with a land-based casino,
it's always going to be a gray area, right?
But social casino is something special
because like the marketing channels are very open.
And it's something that can be very sustainable.
So if you look at something like Zenga,
which had a huge element of social casinos
on a Zenga poker, so on and so forth, right?
I mean, they were, they ended up getting listed.
You know, they ended up finally getting bought out
for like 7.3 billion or something like that
You can't do that with like an online casino.
So like in terms of like the real equity value there,
it's not possible, but the real alpha here
is that what makes this a social casino,
what makes this a very special GTA of social casinos
is that in our ecosystem, you will be able
to bribe other people in the game.
So we're going to have in our own internal esports team,
you'll be able to as a, what do you call it?
Meiji clan owner, actually get an esports license
to have your own esports team, right?
But other people on the platform will be able
to DM the players directly and bribe them to throw a match.
Why would they ask you to do that?
It's because there will be other,
what do you call it, clans on the network
who will have sports books.
And so if you want to bankrupt another clan, right?
You could actually, and they put up their own odds
on a game, you could actually make the, you know,
the teams throw the game, bet against the sports book
on like some really crazy odd that, you know, like,
you know, this team is like, you know, whatever,
50 to one to actually win it.
So imagine if, you know, Icy was leading a clan
and Icy's team wasn't really that competitive.
Although, you know, I'm sure Icy is a very competitive gamer.
And, you know, I personally bribed all the other teams
And then we basically bankrupted this other, you know,
The other thing, too, is that you'll be able to get
your own horses, but we've done it in different stats
in terms of specking it out in that sense that each stat,
each what we call horse will have different stats
where they'll be fairly standardized.
Like this one will have more endurance,
this one will have more constitution,
this one will have more acceleration,
this one will have more of a top speed, right?
But you will be able to buy pets,
like performance enhancing drugs in different ways
to, you know, make your horse run faster,
but it'll also increase the chances of it
having a heart attack during the match, right?
So certain things like this, where we're putting
this element of real life, like bribery
or like corruption in the game itself
also puts it into that social casino realm
where all the sports betting in the casino
and all this other stuff is happening inside the platform.
And so when you do that, it's really a game in the game
and the inspiration from this comes from the series
like the Yakuza, I don't know if you guys have played it
on like PS, but you know, it's one of my favorite genres
and games obviously, and they have these mini games in there
just like how Witcher had like a lot of mini games.
And so that was the kind of model that we followed as well.
But the biggest thing is that what a lot of people
don't realize is that when you go to a casino
or you host any of these types of games, right?
In order to run these games, you just don't set it up
and people come in and they play
because people win and people lose, right?
And at any given time, and even in a major casino,
there'll be times within the month
that they're actually negative, right?
That they've paid out because some people went out
in a heater and they've actually paid out more
than they've actually paid in.
But over the course of the month,
like every casino will be net positive
as long as they've had the number of users.
And so in order to like even run a casino,
you need a lot of capital investment behind that.
So the players are going to play
and they're going to win and wager in Meiji
on the social casino platform, right?
Then the casinos will have to have their own kind of bank role
to be able to operate, right?
And this will far exceed the inflationary rate
of which the first game happens at.
So it's the same thing like real life.
Imagine that you are a professional poker player
or a professional e-sports player.
How much of your annual salary would you need
in order to take over your own e-sports team
and join, you know, what are you called?
Join, what are you called?
It's one second, just a proven hype here.
You talk, I'll approve people.
How much would you actually have to save up?
Well, you almost couldn't.
You'd have to go to the bank to get a loan
or you'd have to go to your friends and family.
I.T. and Sam would have to get together,
pool their money together with lens
and then buy an e-sports team to join up,
you know, in the riot leagues
or whatever like that for LOL, right?
And so that capital cost is so much more
than, you know, what is kind of circulating in the economy.
And this is the reason why the U.S. economy
Even though they issue a lot of money,
especially during quantitative easing
from the last like pandemic and in 2008,
because the U.S. economy can absorb so much investment,
right, so that even the money supply is not enough.
I give like one final example,
and this is kind of getting like big brain,
but, you know, when you only had horses, okay,
the economy was X amount big,
because with a horse, right,
you can live from the cities and so on and so forth.
So at that time, back in like the 1800s,
when America was really forming up and urbanizing,
you know, most of the people lived in the countryside,
right, like 80, 90% lived in the countryside, right?
But when they started to be trains, right,
the city started to grow, right?
And with the train, the economy grew,
because then you had train lines
and you had industry supporting,
you know, train, train stations, so on and so forth.
like that was a whole fucking other level, right?
Now you have, you know, cars and the technology
and the manufacturing that's required for those cars,
you have roads, you have gas stations, right?
And then you end up having this huge urbanization.
So the economy of a horse economy driven by horses
is like one-tenth the size of an economy by trains.
But an economy by like cars is like,
that economy previously is one-tenth of that
or even like one-fifty of that
when cars were introduced, right?
So it's like about what is the economic engine here, right?
And then for us, frankly speaking,
like anything that you think of
that could be a criminal enterprise,
we've already specked out over the last year.
So these are all specked out.
And in actuality, because all these games
and all these structures are all like known games,
we've actually done the hardest part right now.
So like, whether you go to any casino in the world
and you play Blackjack, you play roulette
or whatever, it's the exact same game.
So in our sense, like the game development
at this point is super easy.
It was all about structuring things
and structuring the Meiji
and the Oni-chan's and so on and so forth.
And so if you thought like the Oni-chan's
and like getting like your subment was cool
because you were just gonna like,
you know, just farm the one game.
Well, you know, you guys are thinking way too small, right?
We set up these clans not to farm one game
was to like farm an entire ecosystem
to build on your entire business.
So that's where we're coming from.
Yeah, it's super, super interesting
when you first told me about like,
the bribing, you know, system and everything.
You know, this is not gamified.
So I can say this, but it's, yeah,
dare I say we get a little 1919, you know,
Black Sox World Series scandal on our hands.
But I think it's really interesting
because that's a layer of complexity.
I'm waiting for that game where
I'm waiting for that like big esports match
because we'll have like Premier League,
championship leagues and stuff like this.
And we'll pick like a game like
whether it's CSGO or CS2 or whatever like that
to be in our own private esports kind of thing.
where everyone bribes every single team to lose.
And everyone's betting just everything
and seeing what happens there.
Former NBA ref Phil Donohue
is frothing in the mouth right now.
If anybody gets that reference,
I'll whitelist you to anything right now.
So again, you know, to anybody on the panel,
you know, feel free to throw up a hand.
I don't know what's going on with you.
If you switch to PC and throw up a wave,
I'll make sure to grab you in.
I think I saw that Sam hand first.
and then we'll go to Doug right after.
Yo, Syngin, great stuff so far, man.
Super curious about what you have going on here.
So I think I understand that the 88 NFTs
are somehow going to be a license
for our own casino license or something like that.
Could you help me understand
that concept a little bit more?
So the reason why it's 88
and not some bigger number.
And I actually got a lot of pushback
for the people that were advising
because originally I wanted like something like 38
oh, and then they're like,
okay, it's got to be more than I'm like,
And then finally, I'm like,
there's no more than that is
they're not giving you a direct license,
but they're going to give you
first allotment for these licenses.
So what I suspect is that
once people like understand
what we're really doing, right,
maybe the first couple of licenses,
people are not going to be crazy about.
But here's the crazy thing, okay,
is that social casino games
and casino games in general,
we don't have the word for monetization, right?
There's no need for you to go buy a skin
or, you know, buy some diamonds
and, you know, buy some chess
If players are playing these types of games,
they're monetizing as they play, right?
You want to play a poker tournament?
You got to pay an entry fee.
You're going to play blackjack or roulette.
Well, the natural fixed odds within the game
are going to like basically give the
we call profit to the casino
or whatever like this, right?
And so, you know, part of this is also that,
you know, there need to be scarcity
in these licenses, right?
And so why it's only 88 is basically like,
let's say that there are like 15 casino licenses,
okay, to start off with, right?
There will only be 15 casino licenses
And so the black card holders
will get an automatic allotment
of something like 10% of the supply.
So in this case, you know, it'd be like one or two, right?
But let's say two, right?
So then one may be raffled off
to the black gold holders just so for free.
They get the free license, you know,
you're already a black gold holder,
you know, you get this one license free,
but the other one will be auctioned off
just among the 88, right?
Whereas the other like whatever 13 licenses
will be auctioned off to the whole community, right?
If I can say to like, you know,
get these licenses first, right?
And these licenses will like some of them will vary.
let's say that we're doing our first esports
like kind of league, right?
Then we will do 12 esports teams, right?
And then this is the same thing.
You know, the, you know, the VIPs
will also get allotment as well.
But like the, how do you say the black card holders
will get, you know, possibly again,
two, you know, esports team licenses,
one of them will give them to them for free at random
and then one of them will be auctioned off, right?
So if you want to own your actual own esports team
in a viable economy, right?
Then this is the way to do it.
And, you know, I've, you know,
spoken about esports and stuff like that
and how unsustainable it's all been.
And the reason why is because a lot of esports leagues,
they don't own their own IP.
But in this case, your esports team within this ecosystem
will be part of the IP, right?
And this for me solves esports in the sense that, you know,
a lot of times esports are looking for sponsorship
or they're looking for like certain rights.
And in this case, you will have the rights
because you'll be running it.
this is kind of inspired by my time in Malta.
If you guys don't know, Malta is a big like gaming jurisdiction
in what do you call it, in the EU.
But they have a soccer football league
and it's corrupt as fuck and everybody knows.
But it's their own Malta soccer league, right?
It just exists apart from everyone or else.
And no one really like cares about that league
But the people in Malta, they basically use it
as their corruption, you know, influence league
to see who's more corrupt almost
in terms of making bets and stuff like this, right?
And so for me, this solves esports in a way
on a very like niche level as well.
So yeah, to answer your questions,
the Black Card will give you so much access towards that.
Also, you know, whenever you do get one of these licenses
and stuff like that, we will have allotment for when
if we do like a token sale or something like that,
specifically for the Black Card holders.
So there's so much value there in the Black Card.
Because it's going to be not something that's limited
like after like X amount of drops,
like it doesn't have any more value
or there's not going to be that many drops, right?
Like loan sharking, horse racing, sports betting,
different types of casinos, racketeering, loan sharking, right?
All these things are going to be in the game, right?
And all these are going to require licenses.
So every single business within the game
and how we expand will require license.
And so these Black Card almost founder passes
will have value for the next like five, six, seven years
If you can think of a corrupt business
that we need to put in that's an underground thing,
other than like, you know, trafficking,
you know, we're going to do that.
And it's going to be in the game.
Yeah, thank you for drawing a limit somewhere.
You know, this engine has been explaining this whole concept to me.
I've been like, Oh, you know, maybe not bribing.
And he's like, not bribing for sure.
And then, you know, luckily, we didn't have to debate trafficking.
Oh, can you guys not hear me?
Okay. Yeah, no, you got internet.
Just a couple of things in the comments.
People keep calling sending Daddy.
I don't know why you guys make me uncomfortable when you do that.
Somebody said sinjin equals go jerry equal s go.
Or I don't know what that means.
I also know how to feel about that one.
I think you had a hand up next.
I'm here for fresco being uncomfortable.
And Sam, I don't know what you did to you on.
But uh, you know, you're gonna have to take out the sample made enemies.
Um, sinjin, uh, congratulations, uh, first and foremost, uh, super exciting.
And, um, I'm really looking forward to this upcoming, uh, black card.
Um, uh, so I wanted to ask a little bit because this is really like,
I like how it's, you're comparing it to a founder's past and really building out
the, the world of, of Meiji and the gaming universe.
The first time I ever heard you speak was in wolves down.
And you were, you were telling the, the lore, uh, of my angry,
cause a girlfriend and the princesses and the whole story through.
And it's really captivating and I've, I've been a fan ever since, um,
and I played the game and really enjoyed it.
So my question is like, because you have so much more in store and in plan
beyond, uh, the, the first game mode, um, with these social casinos and, uh,
illegal businesses within the game, the GTA.
So, uh, I'm curious, like, cause you've spoken a lot about that.
Is there a roadmap or a plan or kind of like, uh, things that are, um, next up
and when you can kind of, I don't know if you can shed any details or light
into kind of when that's going to be out here and be available.
So we have a huge ecosystem map and, and believe it or not,
I fucking specked out every fucking game already.
There's an, there's a credit score in the game.
There is a reputational score.
So you have your own mafia reputational score.
And, uh, you know, uh, depending on how honorable or dishonorable you are,
the suppliers and the costs within the ecosystem raise out for you.
We're going to have a bank of may G we're going to be able to borrow
from the bank to bankroll your businesses as well.
But we'll have loan shark licenses.
Will they get a preferred rate to, you know, loan out to other people
who don't have the credit score there available.
So our beta is done and we're just waiting for the black card to get out there.
And, uh, uh, we're also, you know, prepping up for our token launch,
which, you know, for everyone who's played up to this point,
they're going to get an air drop.
And if you have your NFT, you're going to get an air drop of our, um,
and as long as you enabled it on discord of the in game token, which is the GLB,
which is our kind of like, uh, promotional token within the game.
Uh, but you know, anyone who's played is going to get a mere major air drop.
And that's going to like kickstart the economy first.
And then once the clans are built out, um, which we hope will happen,
let's say by June or something like that, then by August,
we're going to be releasing our first ecosystem games.
And so leading up to that point, we're going to do a lot of education.
So what I've found is that, um, the reality is that we have so much information,
but the reality is, is like the complexity of what we're really doing,
it's fairly overwhelming for web three.
And it's very overwhelming for a lot of people who really just want to have like,
you know, 140 character description of what they're kind of getting.
And, uh, you know, the reality is, is that, um,
even in the casino and in the poker business and stuff like this,
sorry, um, you know, you kind of just see the, the, the tip of the iceberg
and what's really happening behind the scenes is humongous.
Like if you are playing a casino, here's the player you're walking,
you sit at the table, nice plushy chair and stuff like that.
But if you're, if you're running the casino, right?
And that's what you guys will be basically doing is running the casinos
and stuff like this or the games.
There's a huge back end that you will have to do your own promotions
So there's a lot of education that's going to be required.
So what we're going to be doing is that before we launch the actual games,
starting in August, right?
And then releasing them one by one and allowing them to grow.
And to get a, you know, a more greater user base.
And I'll talk about the main market user base afterwards.
Mass market user base is that we will be selling the licenses
every two to three months, right?
So once this black card drops, right, you know,
and then our game is released in beta now,
and we're going to do like another like pre-launch beta period
of a really hardcore, you know, play to air draw period.
Then we will be doing, you know, our first casino licenses,
sports books, esports licenses during that time.
But in terms of like putting out the games, right?
You have to understand that for social casino games
and all these other stuff, they've been in development
since the browser days back in like 2000.
And so myself, if you ever check out my LinkedIn,
which is all public, I'm fully doxed, of course,
you'll see that go through like who's on my LinkedIn.
And you'll see like regulators of, you know, gaming commissions.
You'll see the top industry guys from the casino industry,
like super, super OG guys, because, you know,
So I have access to all the white label solutions,
all the source codes for all these games.
So I can like throw up, I could literally throw up
a full casino in like 48 hours.
I'm not shitting you guys, I could do that.
Whatever state has, I could put that up in fucking 48 hours.
I'd be paying out of my nose for like revenue share on
with these white label solutions, but I could do that, right?
I could get a fucking license in a fucking week, right?
If you look at any other fucking founder in the space
and you like ask them, have you ever regulated a game
or gone to game legalized with a gaming commission
I mean, like this is where like this huge like kind
of disconnect where on Twitter, we're kind of all equalized
because a lot of people don't have any experience
as to like what things really entail, right?
But in terms of like the games
and when they're going to come out,
as soon as the only chance are fully like flushed out
and the game actually is running
where you guys realize that these businesses are coming out
and you're saving to, you know, basically invest in the game
or invest in, you know, getting a license
That's where we're going to start to release it.
So we're not going to release it until we're ready for it.
We're going to wait and really grow the economy
But yeah, basically by August, man, of this year,
we're going to start fucking wrecking it with the ecosystem.
I see. Did you have any follow up questions on that?
There was a lot and to unpack
and I want to make sure you get the answer you want.
Thank you, though, I'm on edge for Maddox's question.
I see took over the show for me.
No, I'm really excited for this launch of the black card.
We've been waiting for this.
You know, I had the pleasure of being some of the
in one of the core test groups for Meiji.
And we've watched the game develop and change
and talked about all the exciting updates
And I love that it's only the tip of the iceberg
for the whole project as a whole.
And something to be proud of, Sinjin, for sure.
You know this, we talk about this often.
But so I guess one good question
or like something rattling around in my brain
is like, what kind of headspace
do I have to be in as a black card holder?
Am I looking at the other Founder Pass members
as friends, enemies, or frenemies?
No, they're fucking enemies.
I mean, we're going all fucking enemies here,
unless you make a coalition and you basically say,
so what we're going to have is like the clans
are very small relative to like the ecosystem.
They're like, you know, going to be 12 players, right?
So at certain points, we're going to have,
you know, the ability for you guys
to basically make joint ventures
or coalitions or alliances within it.
So I guess maybe frenemies to some degree, right?
But there's always going to be some alpha at the top there,
the alpha dog there leading the pack there.
But you know, this is, you know,
even if you're not a Founder Pass holder, right?
You will be able to, you know,
basically come together with your other VIPs
or other players and kind of shoot for a license
that's going to make it worth your while.
And you know, for us, the one thing though,
is that as pretty much the head of the Yakuza ecosystem,
you know, I'm going to make it very equitable to get going.
And the thing that makes it the most equitable
in some respects is the Reputational Score.
And how the Reputational Score works is basically,
we are releasing a game that's basically like Clash of Clans,
but it's basically, you know, war with, you know, the Yakuza.
So like, you're going to have your own, you know,
Yakuza base of like ramen shops, massage parlors,
karaoke joints and stuff like this,
which you're going to basically build out.
And you could get raided by another, you know,
Yakuza team, all right, or clan,
just like in Clash of Clans, like your kingdom can be raided,
your territory can be raided.
And if it does, then certain parts of your businesses
will either be suspended,
or the revenue from that will be temporarily diverted
to these other Yakuza clans, right?
So even if you don't have a license,
but you decide to just fucking muscle it and break some legs,
you know, we're giving you that option within the game, right?
So in some ways, you know, I'm interested to see
how much of the alliances actually hold up, right?
Because ultimately, you know, betrayal is also part
So certain, you know, alliances, you know,
you're going to have to choose well,
because you can get backstabbed in this game as well.
And you know, we put, you know, whatever the rails in there
for that to happen as well.
So yeah, depends on what you trust each other.
Just like our original game, head on a swivel
and make sure you're always paying attention for sure.
And if you've played the, you know, Meiji with Dub and Lemz,
you know, you should trust nobody.
So yeah, trust is trust on the last one turn, 20 seconds.
Not a lot of love in the old Tokyo underground.
Yeah, thanks for the question, Maddox.
Lemz hit me up in the DMs.
He can't raise his hand because he's on PC,
but we'll go to Lemz next.
I will say first that like Dub and I have had some good friendships.
It's usually Murdock who stabs everyone in the back
after like telling you he'll be friends with you
and then like the next turn and closing.
So never trust him. Sometimes I can be trusted.
He'll also unfollow your personal,
he'll also unfollow your personal Twitter account
if you can't name any of the Gen 1 Pokemon.
And all right, so since you have two, two-part question,
we'll go, the first part is an easy part.
We'll say like, so it's license specific per game.
Like I can't have like one license
and run poker and horse racing.
Like I'd need a license for each one. Is that right?
So not to get too complex about it,
but like there will be different licenses
that will represent how many licenses you can get
So there'll be like an underground casino license,
meaning that you'll have like five games in your casino.
Then there will be like a kind of whatever in the field
kind of like illegal like open air casino.
There'll be like 12 games
and then there'll be an integrated resort casino
which will have like 50 games or whatever like that, right?
if you wanna have more than one casino game,
then you're gonna have to get one of these
kind of resort type of underground licenses first, right?
And then each individual game, you'll need a license as well.
So every single thing is a NFT license.
So if you wanna have a background table,
you wanna have a roulette table,
you wanna have slot machines,
those will be licenses as well.
But those will be, there will be many more of those, right?
So let's say that your clan is a broke ass clan, right?
And basically you can't have shit.
Then you can pick like one or two things.
Like you can pick like one slot machine
in your pathetic empire and so on and so forth
for shits and giggles or one poker table or whatever.
But if you wanna have like a full on poker room
and you will also have a landing page, right?
That will be public facing
and there will be in the game itself.
So Lemz, you have like the little lizards,
Then you'll have your own landing page
where players can come and then they can play
and specifically play on your casino
where you can give them bonuses in GBL or Meiji.
But yeah, every single thing in the game
that is an asset will be an NFT, right?
But they will be priced accordingly as well.
But also how many you can get.
And the reason for that is that we don't want
some like fucking stupid ass guild coming in
thinking that they can fuck this ecosystem up
and then buy like a hundred of these
and just distribute it to one guild.
That's never gonna fucking happen.
And yeah, metaphorically speaking,
we're gonna break some fucking kneecaps in the game
if people try to do shit like that, right?
And come down heavy on it.
So the whole thing is that you guys
we do have a mass market plan
and I'll talk about that a little bit later.
But it is to create this core community
where we get to this point
where there is stability and growth
and this kind of model that really gets established.
Crazy shit happens in Vegas,
crazy shit happens in Macau,
but it happens within an acceptable range
and that's what we're looking for.
So Lem's a little second question.
Well, essentially I understand, right?
where you can have like a couple of games
or you can have a lot of games.
And then the second part that would be is the,
I guess it's like the limited supply
Because you mentioned everything's tradable.
So like, will these just,
will this be an ever expanding thing
with licenses as the player base grows?
Or will there be like a high level
cap limit on the different tiers?
No, no, there definitely will be a cap limit, right?
But because they're tiered, right?
So let's say that you started
with an underground casino
and then you're gonna get the next level license, right?
And then you're gonna sell that
and you're gonna get the next level license.
So just like a real like scarce economy, right?
That's how we're setting it up, right?
There's only gonna be X amount of licenses,
but because they're tiered,
you'll be able to move up with these.
And so you won't have to re-buy the games,
but you'll probably buy more games
because now on your landing page, right?
Or of your social casino, of your underground casino,
instead of five games now that you can present,
you can present 10 games.
So you'll keep the five games
that you have by five more games, right?
And then, you know, you're gonna sell
your old license and buy the new one.
So that way, those people who are, you know, scrubs
who are finally kind of making their way up, right?
They'll be able to get access
to these smaller licenses as well.
And you won't be able to keep them
because you're only gonna be able to have
one type of like casino license as well.
You mentioned how you keep the games.
So does that mean you can't sell the license
with the games and the games are kind of like bound
to your account, I guess, sort of thing.
And then you can just sell the licenses
or can you sell the license?
You can sell the games as a license.
You want to exit out of the casino business.
You want to get into racketeering, right?
Then yeah, you can do that.
You know, you own a resource track,
which will be very few of them, right?
And you want to sell the, you know,
your resource as a part of it.
You'll be able to do that as well
or sell them individually.
Awesome questions, Lambs.
We'll go dub and thank you, Mike.
Yeah, I first want to start with a statement.
Basically, anyone who threatens my empire
and you're going to be so regretting your actions
that you wish you never even fucking got
involved in this game in the first place.
I look forward to buying all the shit
that you're going to pour
after you deal with my rap.
So don't even fucking come at me.
Hey, Meiji is where I get to be a player
and have fun and this isn't my work,
you know, but God forbid he wouldn't fucking
cross me because I have an empire behind me
He looks like an evil knight right there.
On-chain digital speech here.
Is it going to be designed in a way
where I have to crop it out
or anything to be able to publicize it
on Twitter without being shadowbanned?
So the black card design is
just to give you like the pre-reveal of it.
It's just basically our version of like the,
you know, the, you know, a real black card, right?
So it's going to look like that.
So yeah, nothing, nothing racy there.
They're not like the porn cards you get
like from those random dudes in Vegas.
Now they're, these are, you know,
Sorry, for the disappointment there.
Doug, Doug, giving me big thumbs downs over there.
No, man, I said what I just said
and I got what I needed to get.
I love, I love the heel turn that Dove just had.
Dove is, you know, in my MVP right now.
Glad to jump on board and ask some questions.
I actually have questions about the only chance.
So sorry to like dethrone the whole entire thing,
protagonist, anime male character vibes.
Are we talking like full tatted out?
they're going to be a series of like,
there's going to be 17 series, right?
So like up to, I'm sorry.
Yeah, 12, 12 that will be for
12 different types of only chance that you can get
if you have a regular VI sin princess
and then 17 if you're a VIP
and they will all be, you know,
only Chan means big sister in Japanese.
So there will be different styles of your captains, right?
And they will be more less risque than your sin princess.
Yeah, more badass, cute, or beautiful or fucking ugly parkour.
Yeah, we're not going to get you.
I've learned my lesson on Twitter, right?
You know, my account is like a plus 17 account or 18 account.
So if you don't have your adult settings set on,
We found that because I was talking to some VCs
and they're looking for me and they're like,
And I go, do you have your adult settings on, right?
And they're like, I didn't even know
Twitter has adult settings.
And you don't even know that
unless you like try to follow me
because if you don't have your thing on adult settings,
you can't even see a picture of a cat on my profile
because this content may be not safe for work
So yeah, I've learned my lesson.
Yeah, they will not be so risque.
And it's the collector in my name now.
Is there going to be like rare traits
or attributes associated with those?
Or is it going to be like the last collection
It's going to be the last collection.
The reason for that is I fucking hate play to win.
So like that includes the traits and stuff.
I believe that you get your game asset
They're only rare because of whatever.
I mean, obviously like if you have a Katana,
then you have your Katana in game as well.
And then obviously as we do more game development
and polish and stuff like that,
you'll be able to switch out your Katana
for a different Katana like in game.
But no, there's never any kind of play to win mechanics
the other games are all fucking pay to win.
In the sense that it's your business.
So how much you want to invest in it.
there's never pay to win in the major universe
because I fucking said so.
And I fucking hate those kind of games.
Except for the Katana because I own six of them
I don't want to get my legs broken on the metaverse.
Yeah, we'll put my job over.
I think we'll go Doug, Murdock, and then TQ to wrap it off.
And then I'm going to have to start filtering people off stage.
But Doug, Doug, what's going on?
Can you please address me by my official name?
St. John's as the mayor of Hype City.
I just want to let you know that in public,
it's all about cake and sunshine.
When we're here around the underbelly of Hype City,
so I can, you know, get payment paid off,
whatever needs to get done to get stuff done in Hype City
So I just want to let you know officially.
Also, I'm only here really to build a cartel of people
so we can run MAYC properly.
You know what I'm saying?
Whoever wants to be my nefarious gang
and underbelly of Hype City,
I'm here for it, St. John's.
I'm sorry I can't talk often.
I'm usually on set with Macaulay Culkin.
I'm on my way to a suit right now, St. John's.
So I apologize for my lack of availability,
but I'm always here whenever you call St. John's, bro.
You know what I'm saying?
Yeah, Doug, I really appreciate that
and I look forward to your cartel
and Doug is actively recruiting at the moment.
So if you want to be part of his cartel,
DM him to be part of his cartel.
He's actively recruiting,
but you'll have to be able to eat cake
and party in a fur coat to qualify.
You also have to be able to do spin cakes
that explode, St. John's,
because that's what my gang does.
That's not a bad addition, actually.
We should do that as a cosmetic.
You know, instead of Molotov,
it's like a slice of cake,
like Steve Aoki or something.
Yeah, that's great, actually.
We'll call it the Doug slice or something.
It's, you know, legend has it.
So let's leave Steve out of this game.
Steve Aoki is not allowed
to buy any of our NFTs ever.
Appreciate the support though, Doug.
You know, we need Steve and you got Doug.
Well, for those who don't know,
I'm the Meiji's current best player out there.
So don't want to say anything,
but if you can't beat me,
you can't even claim to own an empire.
So just throwing it out there.
and I've got the screenshots
and the recordings as proof.
So I can share those at any time, Dub.
And anyone else who wants to challenge me,
I'll schedule you guys in
and I will gladly beat you
Murdock is definitely a beast.
can we get more than one black card
and is there anything preventing people
either with multiple wallets or anything?
Because the supply is so low.
You guys know that I don't do things,
the Web3 attention economy way,
because I actually want to build
out a game with good value, right?
This basically makes me look like an idiot
to all the crypto Twitter bros
who think that I'm leaving money on the table.
basically with the few communities
we're working with Neo Tokyo,
XBorg and Overworld to give them white lists.
I actually gave them an option.
Do you want an over allocated white list?
And you just kind of like,
here it is and then you fight it off
Do you want a guaranteed white list?
And they said guaranteed white list.
the people who are on the white list right now,
it's not going to be over allocated
maybe by just a little bit,
like literally like four or five.
That's still kind of a work in progress.
There are still some slots available
that we've kind of reserved.
And originally Meiji was going to reserve
10 for ourselves for our treasury
and in case in the future
but it's already been willed down
just because we want to give up more
to like certain communities
and to certain individuals.
What's going to prevent people
from buying more than one?
I mean, it's a secondary market
but I have some other founders
that refuse to take a white list from us.
I just want to give it to us a gift
and they said they're going to buy it
to support Meiji directly.
here's the thing about the Alpha
is that we're not playing
the fucking speculative game very well
although doing the promotions
the reason why it's so short
is because we actually want
to release the fucking game.
And so we should have done promotions
but we're still working out details
So you guys get the Alpha.
And I want to announce now
it's going to be a free mint.
And the reason why we're doing a free mint
and the reason why we did a free mint
from the very first collection as well
the GTA of social casinos
and then the nature of cryptocurrencies
is that I want to be the farthest
down the ladder of what the SEC
or any other jurisdiction
could consider like your securities
extremely aware and compliant
and then obviously using my background
as a regulatory consultant
right side of this, right?
So yeah, even this promotional period
actually kind of works out
and hopefully we're not going to get
this is fucking going to moon
and all this other bullshit.
but like long story short is
yeah, there won't be restrictions
these people can all fuck off
because I'm basically not doing
a first come first serve thing.
over allocating anything unless like
communities actually want us to do
so they can like give out
for the sake of giving out more white lists
And if anyone wants to sell it
But here's the thing, right?
If you really look at the metrics
for what our team is, okay?
Danny Pisano who is Pisano
who is our senior producer
he was the ex-studio head
for Bandai Namco's casual game division.
He has like gaming patents.
You know, he was whatever
a corporate EA producer for EA.
and the fucking producers.
who was an actual corporate producer
like head office producer
for the major gaming studios.
You're not going to find many
It's like a super fucking
I fucking legalized poker
They introduced the entire game
I flew like 90 flights a year
and I was a government advisor
for card games for China.
Like there's no comparison
with our team with like 99%
of even the established teams
from these other studios, right?
But like people they don't
we can say that whatever like that
So like for this particular drop
all the fucking hype here
We'll get it with the ecosystem.
So you know if you end up
good on you brother, you know
and I'm always happy to have you
like just going with us all the way
and I appreciate all the support
from right from the beginning
and you are a beast in the game.
Confirmed the best right there.
You guys heard it right there.
He just said you're a beast, you know.
Yeah I'm just saying that
the one tournament you guys threw
was the one week I was on vacation
and didn't have my computer with me.
But I mean if you would have
I could have used my 10 year old Mac
that I bring with me when I travel
and I still would have beat up.
You know what I'm hearing Murdoch?
Some say you went on vacation
You're getting immersed in the culture.
Although I do have two other things.
I will follow you back again
And I'll follow you back.
And then the second thing is
anyone who's actually good at Meiji
send me a DM and we can play.
And if you're actually good
I'll make sure you have a spot
on the esports team that I have.
and you're playing for someone else already
and I'll just buy you from them.
Murdoch flexing his whale bags already.
And recruiting for his team.
You know this guy's gonna have a whole
and a cartel already out in Asia
with his pirate nation already.
I've got it in multiple countries.
I think it's five languages now.
Each one has over like 1,500 people in it.
Murdoch's not fucking around, boys.
Dub's gonna have to protect his empire for sure
against the empire of Murdoch.
You know I think like one thing
that Sinjin and I haven't really
talked about like super publicly
is like how well the Meiji economy
is built and why it's super different
from a lot of like other web
three game economies for a lot
We should probably do a space
on just the Meiji economy soon
and why it's you know ultimately
going to be extremely sustainable.
But Sinjin's absolutely right.
You know I think there's very little fear
that when we start to like upscale things
you know that the game will hit
the number of players that it needs to
to ultimately be sustainable.
And thus you know we do kind of avoid
and attentions that you know things
and you know both of us feel
pretty confident that that'll come.
or should we throw it to TQ next?
because that's like in another
like three fucking hours of like
yeah that's a whole other space.
what I'm going to see is that
the real business of shit
the thing is with a lot of founders
is that in web2 traditional gaming
like you don't do any of the marketing
you don't do any of the management of it.
It's very divided between
the development of the game
I'm one of the few that's done both
being an executive for PokerStars
because they got acquired
In 2009 which was my last year
with an 89% profit margin.
Right and I was a core executive
of you know obviously of PokerStars
who are like mobile game developers
they say this bullshit online
for a billion dollars in revenue.
Yeah for one or two fucking years
where you put in like 200 million
bought all these adverts.
Okay you know I was an executive
of a multi-billion dollar company
with multi-billion dollar revenues
You know I had a fucking poker room
one of the biggest casinos in Macau.
I lived in a fucking casino
in the fucking executive suite.
Right so like let's get real here.
Right if you're going to do
right and it's going to be in casino
like this is fucking my bag.
You know we're just going to go
This is the fucking easy part for us.
I love how Sinjin's always like
I'm not going to talk about it
and then my favorite thing about Sinjin
no no I like it dude I love it.
Hey guys I hope you can hear me.
I'm sorry if I sound really sleepy
but there's no other person
that's gonna I'm gonna be staying up for
at four to five a.m then Sinjin
I have a bunch of things to say
because in a space full of fake actors
of people that are pretentious
about the communities that they got
that are paid engagements
Sinjin really saw through
and I don't think anybody knows me
the way Sinjin knows me to be honest.
because I worked in the casino
as a head of events in there
and what it means to to be associated
For ownership for creators like me
because anybody who plays poker
knows that the house always wins.
And and what if like I already thought
about all the money that I've spent
wait what was that poker game
Because we we pay we pay a poker
I just love the social interaction
and and we need more games like this
right because users can connect
in a shared virtual environment
that is relevant to the IRL
and these games not only break down
because I don't get the same seats
as other people in this space
and that's coming from someone
it's the number one in NFT gaming
nobody's giving equal seats
and this what this means for us
owning our IPs is so important
there's a lot of people with
like imagine being a creator
and you don't own your IP
so where is the empowerment in that
because then you know what
you're thirsty for that spot
and I can't wait for my own chance
but this game is something
that I think I'm gonna be playing
and I'm a pretty new girl
the trap house is an alliance
because I set the best traps
you got some competition there
fucking a whole nation behind her
I can teach you how to be a pro
I've seen her girlfriends
that are almost better than me
if she had a Twitter profile
her name would be Sin Jin
I've always been a big fan of you
if you want to put your money
let's see who's going to show there
and it kind of follows up
well to what TQ was mentioning
if you could touch a little bit more
with the IP of the Cine brand
your long-term plans for that
because you've spoken on it
yeah so for the overall IP
obviously we're keeping that
and the reason for that is
think of us as more like the
the McDonald's head franchisee
right so a lot of the promotions
to support you and the clans
is going to happen from us
people will be able to run their own
we'll be doing the mass marketing
overall and stuff like that
the way the Meiji is going
we're still managing that
where you guys will really manage
you'll be able to have your own landing page
people will be able to search you
you have your own landing page
is really going to really kick in there
but in terms of overall IP
when I first got into web3
in the form of these NFTs
you know where can this really go
all these other kind of things
and that's where it kind of comes from
the brand communications manager
whatever so and so forth there
that are going to be in game
that are fashion items dresses
you know we're going to get
design from a former Celine
and these items in real life
which we're going to you know
or whoever has the NFT first
that's where we're going to
so that is really going to be
you've given to the project
so we'll throw out to Prof
and then there's a couple people
not sure if you're on a PC
and can't raise your hand
I already fucks with this guy
and just being his vision
I saw I saw you guys hang out
and love the lore of MAYG
represents empowered women
but I'm still trying to get her
but I just can't wait to see
like this whole casino stuff
because I know a lot of people
and literally when you said
asked that to one of my guys
if you can get as many people
it's an interesting concept
but MAYG actually allows people
I don't mean to intercept
criminality is subjective
out of all the visionaries
so originally i was trying
but is the invested bankroll
from people playing your game
where you lose the license
yeah so you'll always maintain
that's a really great question
right and there is a chance
where through mismanagement
basically you lose everything
is that whether it's sportsbook
normally for big sportsbooks
is that you're looking for
is that you're not going to
you're going to basically
and then you will take bets
five to ten percent margin
or seven percent margin there
where certain sportsbooks
will not hedge their bets
right or they'll take on a whale
and they haven't hedged that
for like two million dollars
and then the hands of winning
on this one million dollar
or two million dollar bet
and you basically go bankrupt
you're effectively shut down
because a lot of the the bets
that are going to be happening
are going to be automated
right so they're going to be set up
they're not going to be manually done
like it's actually going to be online
so in that particular case
in order to like finance it
like you will go in a receivership
right and you're going to have to be
and then it's just going to go
so what is happening is more
not that you lose a license
it's just going to go under a lien
and you won't be able to use a license
and when that ends up happening
obviously will benefit from you
and you're not defending your territory
normally what you would get
and it's being diverted to this other clan
that's basically made you
for a next period of time right
but in terms of losing the license itself
we're not going to implement that yet
I haven't gone to that point to
spec that particular part out
having this discussion with you
you'll still be able to keep it
who just want to sit on it to flip it
because it reduces the competition
should be worth more than license
in a thriving like gaming jurisdiction
you will be able to raise the investment
to you know throw up a casino
if you have one of these coveted licenses
you would lose more money
from not using the license
than using the license right
and so like as long as like
makes sense in terms of the incentive there
you know we're going to let the market
really decide how it goes
but if you do get that license
right that is your that's your own
NFT you know ownership right
and so you know we have no plans
to get that away from you
but in the ecosystem you know
there would be definitely a lean on it
and that's part of having
will provide those things
or you can go to a loan shark
if you don't qualify for a loan
and you basically you can dig yourself
even deeper into this hole here
you know we're not going to have bankruptcy
because that's not the way that
you know the criminal underground works
you're just going to fade to obscurity
but at that point where like
let's say you do go in a bankrupt
you'll be able to sell that license
for someone to take it over
and you may actually still come out on top
the social casino aspect of it
and why I left casinos is that
and I really want to say this very clearly okay
casinos are completely rigged
and they're fucking evil okay
no matter what the net benefit
it looks like it's going to have
for society it's always negative
because you know I've said this
on before on other spaces
which is like the southern area of China
that if your son is addicted to gambling
it is better to lock him in a room
with drugs women and liquor
so that he only destroys himself
and I really believe that's true
you know my involvement with
you know the casino industry
and then on the investment
for massive organizations
and you know I'm not bullshitting
because you can literally go
to a lot of casino operators
I could even give you references
not that you're ever going to be able
to talk with these people
but not because you're not worthy
but you know it's certain people
you just don't really want to meet anyways
they'll say yeah back in like
you know singe in this position
or you know he could have run this
and he could have been up
like half a billion dollars
and I'm not bullshitting there
because like there are other guys out there
you know a billion or two billion dollars
and you know I've had that opportunity
everyone has this kind of
and it's really hard to see
when you're kind of in the middle of it
when you've crossed that line
because you don't sleep well at night
you know there's a certain line
that I didn't want to cross
you know on the verge of that
and it didn't sit well with me
and what's beautiful about this
you will hold on to your asset
and even with your Meiji right
if you lose everything in the game
right you will be able to wake up
you will still have your Meiji
but it will also give you
our social like energy points
you could grind from zero
back up to making your empire work
and especially if you're a clan
you can support one another
so there's never a net zero
because the value of the user itself
and the community liquidity
provide for the ecosystem
and that's why I love this model
and that's why I'm going back
because of roll been stuff like that
two to three times a week
I'm getting calls from people
and they want me to advise
two advisory roles on games
exploitive in the kind of
they're either on the social
with something like poker
so like if you're going to sit
you're going to need to use
right and you're controlling
right but social gambling
and people who are addicted
you can get the thrill of
playing and playing these
work and make an environment
for this particular setup
who are real game developers
doing some game five bullshit
these games to kind of be
a truly sustainable economy
there's a lot of complexity
and there's a lot of depth
is I guess on the next space
what this is leading up to
once the entire ecosystem
set up of the social casino
not part of the Meiji universe
you will be able to come in
like a VIP high roller NFT
and then they will be able
to play in different casinos
and have their own reputation
or you go to the Venetian
because they're just like
right we're never going to dilute
that needs to happen digitally
and this is the one thing
and now we have true ownership
but if you don't have scarcity
what the fuck is the worth
imagine you had like a rare skin
like a really sick rare skin
and they kept it in the marketplace
for like the next five seasons
well there'd be so many of them
but in terms of the scarcity
you know you lose that right
and so that's part of the equation
it's because you have that business
in that particular location
in that particular neighborhood
someone else can't have that house
doesn't extend for the rest of the city
it's that particular neighborhood
so these are the kind of considerations
which myself and the team have made
because what I'm looking at here
where for the very fucking first time
on any real world kind of value
it's totally in the system
that scares digital assets really
that you don't make it scares
you fucking are missing the plot here
this is the direction we're looking at
one of the best things about it
is like groupable scarcity
don't really talk a lot about that
and I think it's a weapon
because they get stuck on
they get stuck on the first layer
I'm gonna mint fucking more
and I'm gonna fucking whatever
the entire point of ownership
so I can just fucking keep talking
wherever the fuck I wanted to say
and so he keeps it like going
will never come back to the space
the axi infinity scholarship system
was fucking digital slavery
because you had two tiers
and then you had these players
who were just fucking playing
of them getting ownership ever
because the meta would change
and then the guilds will come in
and then they re-buy all the meta
so even if you bought like floor axes
you would never be competitive right
that's just a fuck model right
and what was the point okay
so instead of like real life slavery
we're going to go into digital slavery
so like these are all the considerations
and I would say this okay
I think that they are definitely
the pioneers of what they've done
right but this I would say is
like all the things that we learn
and then I put together my you know
experience in real money casino
and gaming and in economics
like I went to Harvard Kennedy School
I studied economics right
like I'm putting that level
of consideration into this
at one of the biggest casinos
in basically the whole world
online poker gambling site
in the fucking whole world
and I'm putting that expertise
and you know you guys will get
and that's the death we're coming to
not just I'm getting off my chest
because I didn't want to look
before our first game was done
so there was always this need
to get the first game done
because also this is the game
that mints for the rest of the economy
and so if I couldn't be confident
that I could get this game right
then everything else is bullshit
I talk a fucking big game
but if you meet me in real life
if you really go through my LinkedIn
I am a fucking evil motherfucker
I'm not a fucking DJ right
and who like fucking talks
about Lambos and shit like that
and I want to crush an industry
and for all the VIPs and holders
and everyone who's on the space
I hope we can crush together
because that's my only reason for living
is crushing and taking people's souls
and you know using this as redemption
so I don't go to fucking hell
by you guys getting the benefits
so we'll leave it at that
yeah good place to end off
yeah so to kind of summarize things
black card mint will be happening
Sinjin you want to do this again
yes it would be fantastic
we'll talk more about economy
we'll talk more about the marketing plan
finish some of the questions
about the black card pass
but very much appreciate everybody
and appreciate the sports
you guys have given us thus far
catch Sinjin and I on gamified tomorrow
and then we'll do a little wrap-up show
talk more about the black cards
and you know what's to come from AG
and bring all your questions
and thank you for everyone who's come out
I see so many of our community here
and I want to give a shout out to
I mean he was a very early supporter
I want a special shout out to him
and there's Tadashi there in the crowd
and Felish and Meta Mason
thank you guys so much for coming with
I truly truly truly appreciate
each and every one of you
for being with us on this long term
Addis and Erika and Matt and Gobi
I hope is Mr. Biz as well
I just really appreciate everything guys
Love you guys see you tomorrow