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#YieldmosWeekly - Community Call feat. @KleomedesDAO
Recorded: Nov. 8, 2023 Duration: 0:58:39Space Recording
Full Transcription
There she is.
There she is.
Hey, save the day.
Yeah, I've approved her a couple of times and also made her co-host, but she keeps, she
keeps like dropping, reconnecting.
I mean, I mean, I mean, I mean, we could get her in, I mean, I'm sure that we'll get her
Hey, yeah, yeah, yeah, yeah, yeah.
i'm doing great how are you i'm doing amazing i'm doing amazing glad to be here
and i'm excited for the conversation today hey geo how are you doing
doing good doing good thank you great um okay so we're gonna give the room a couple of minutes
to fill out and in the meantime we're going to listen to it to you
take me outside sit in the green garden nobody out there but it's okay now
bathing the sunlight don't mind the frame falls take me outside sit in the green garden
and i'll fly on the wings of a butterfly high as a tree top down again putting my bag down
on taking my shoes off walk in the car paint a green felon
and i'll take me outside sit in the green garden nobody out there but it's okay now
take me outside sit in the green garden nobody out there but it's okay now
i'll take me outside
take me outside
i'll take me outside
i'll take me outside
i'll take me outside
i'll take me outside
i'll take me outside
a butterfly.
High as a tree top.
Down again.
Putting my back down.
Taking my shoes off.
Walking a carpet.
The queen felving.
Dancing by God like we used to.
Dancing by God like we used to.
Dancing by God like we used to.
Dancing by God like we used to.
Dancing by God like we used to.
Take me outside.
Take me outside.
Sit in the window.
I'll go where ever you go.
Wherever you take me I'll greater than.
I know wherever you go, wherever you take me, I go.
I know wherever you go, wherever you take me, I go.
I know wherever you go, wherever you take me, I go.
great okay we're back this is great um we should have a special guesting today um but they aren't
here yet but in the meantime it'd be great to hear from jeon kaku hey guys um how's it going
and what's new with you guys
hey there uh it's going well yeah things are doing great sorry go ahead
how are you doing nice i'm doing amazing doing amazing i'm cooking up a couple of stuff or some
stuff on zili and it was interesting i logged into zili today and even though we haven't made an
official announcement a couple of people already started doing requests so that's interesting to
see and i can't wait to make the announcement and see like how the entire community responds to that
yeah no that's cool it's it's been a little while but while we had the um
the whole zili campaign going i feel like a lot of people have fun with it
definitely definitely and it'd be great to give them that experience again
totally
nice um what's new with you how's the output stuff going oh man it it's always inching
as i inch closer it it's a little bit further away uh but it's good i think we've had some amazing
development and uh it will be out i think most recently i've been working on the
the dcaing one the dcaing aspects of the outpost and uh just testing everything just to to make sure
the contracts are like super spot on um yeah so things are feeling really good and uh
they'll be here before you even know it yay they made it okay great um but i on the topic of the dca thing
for juno i think that's pretty exciting and i think it couldn't have come at a better time
when like juno is doing pretty good price wise and community seems to be getting stronger so i'm
pretty sure that people that are looking to get into that will be pleased to know that they can dca
into juno and do more exciting stuff with those tokens um on yield bus but more of that will come
later absolutely uh otherwise i mean i had a i had a real good time this weekend at nft nashville i
got to see some some good people and uh it's always interesting to to meet some of these people in real
life so i know he was in here for a second when we first opened up the space but i got to meet jacob
jacob yeah he's a cool dude and uh yeah so that was it was a super neat experience it was also i it
can't be overstated how refreshing it is to go to a conference where i don't have to travel 18 hours
to get there so big ups to that
yeah that might be the best the best part to be honest um but what what other notable stuff happened
during the conference um what other interesting stuff or maybe like even the city um what stuff
stuck out for you um i don't it was i think really what stuck out to me was that it was just so small
which was really nice right i got to you get to talk to right it was just such a such an odd room
having it be like eric from astro vault and two of the guys from bad kids and um
you know some of the people from stargaze like there was very little uh like like everybody who
was there basically was involved in the cosmos in a very heavy way uh so to that extent like it was
it was uh an incredible event sounds incredible to be honest um hopefully next year i make it out
and next year is even better than this yeah and i think they're already they already have in mind
things that they want to do better next year and differently next year so um yeah it'd be great to
have you if you could give them a note for this year what would you have them do different for next
year uh i wish there was so with it being as small as it was you kind of that they have like the talks
that are going on and there's kind of no room to not watch the talks and while i love hearing these
people talk for for me i would rather go network work a lot than uh listen to literally all the talks
um i think i'm a little too add for for that so that would be that would be my one one piece like
give us a little room to go uh take a little break from watching the talks go go network a bit
yeah definitely that's a great note to give um hopefully someone on the team listens to this space
and they take a few notes um but yeah our special guest for today is here um they're big on governance
big on um validating on several chains in cosmos and we're pleased to have them here
so we're going to welcome them for a simple introduction and then we'll get into the space
properly so hey cleo team hey thanks a lot it's great to be here uh you guys can now hear me all
right yeah we can hear you fine thank you so much for joining us today and we would love a brief
introduction for the people that may not know who you are or what you do all right cool yeah this is
i'm triggs and i work for cleomedes we are a community owned and operated uh validator in the
cosmos ecosystem so we're on like 30 or so different chains constant the list always keeps growing
we try to stay active you know with what's going on in the ecosystem um as much as we can as a
contributor as a community owned kind of organization where we're not funded we don't have uh sponsors
everything is just built from the ground up with you know kind of grassroots kind of style and we are
emphasizing building organizational structure for decentralized communities so that there can be
proper transparency between the you know the contributors that are running things on a day-to-day
basis and the community members who are just engaged and wanting to stay up to date
and so that's kind of where we're really focusing is breaking down those barriers between the main
project leaders and contributors and the general community that you know wants to stay engaged but
isn't there every day that's brilliant that's a great intro and thank you for that there's so much
interesting stuff that i want to dig into around your organization and even like your community
but it'd be great to know how did this get formed how did you guys decide you wanted to do
a creative validator or get into cosmos how did that journey start yeah so uh the journey really
started with one of our original founders was running a validator um across a handful of different
chains and as he was kind of getting the lay of the land he realized that running a validator in the
cosmos on multiple chains is a massive endeavor and it requires a lot of input and instead of trying
to form this closed centralized team of of people that live behind this kind of wall that you present
as a validator he decided to open it up to a completely decentralized approach and that through that
process he just started bringing in like-minded people who are interested in the same goals and
we kind of collaborated together and put together a plan for decentralizing the validator
that's a brilliant product that's a brilliant plan and you said one of the original founders so
i'm guessing is not a part of the community right now yeah so the way our structure is right now is we
have a core team of founders who were the original people that kind of put everything together and um so
we're all uh consider ourselves community contributors but we're also kind of founders of the
organizational structure because decentralization is um you know it's a process it doesn't just happen
you know at the blink of an eye so there does have to be some form of centralized leadership to help
build this structure that doesn't exist in the ecosystem so that's kind of what we mean by founders
it's just like the the central people who are actively working um and any it's open to any
community member to rise up into these positions of leadership we've actually added multiple people
over the course of the last you know year and a half or so that have risen up from the community
as just uh entry-level contributors that's interesting and that's really great to see and hear um i love to
you know witness the rise of community members that are adding value you know being recognized and if
giving even more responsibilities and you know stuff that you can't do to give back to that community
you know but there's thousands of validators in cosmos and even beyond cosmos you know and you guys
have created like a unique approach to this business and i'd like to know so in the sense that you're a
community-governed validator how does that differ from you know other validators that exist you know but still
still think they're decentralized like what's the main or core differences that your your system
has you know compared to other validators yeah for sure so one of the one of the biggest differences
is our financial transparency um we run all of our income and expenses through our dowdow portal and so
community members have complete transparency over all of the the activity the financial activities
of our organization nothing happens behind closed doors so we everyone knows exactly how much revenue
we're generating from each chain that we're validated on they see exactly where that revenue is put
the community gets to vote uh through governance proposals on how we distribute that revenue we have a
token that is um earned through contributions and delegations and so people who are participating in
our validator ecosystem are earning a share of this token that is then used as a revenue share for
profits above and beyond expenses and and that sort of thing and so everyone who engages with clue
media's um gets access to all of the internal financial aspects so there's no there's no question about
um you know who's being influenced by what you know financial incentive and there's there's other
aspects i guess that i could go into but i think that's really the the biggest difference that sets
us apart from other validators at this point yeah um i think that's really interesting and really
impressive as well seeing actually this would be a great time to chime in how long have you guys run
this system for yes so our validators have been operating for um i think over two years now um considering
the time of when our founder one of our founders originally spun up you know his validators that
transitioned into the clue media's ecosystem so a lot of the actual infrastructure has been in place for
over two years now but um the actual decentralization and organizational structure while it's still
kind of iteratively growing um we launched our token um a little over a year ago or around right around
a year ago and um so that's about how long the the token sharing and and governance you know community
governance has been in place that's impressive that's really great to see um i just want to chime
in here that if anyone wants to ask a question or come up and make a comment we're open to that the floor
is open you can request to come up or leave your questions in the text box below and we will answer all your
questions i i have a question uh and actually before before my question i'm gonna shout out horoburu horoburu
what up dog i i met porter this but jacob as well my guy uh but my question is uh which i've asked a
number of validators that we've had on uh i see validation as such a multi-faceted thing how would
you describe validation to someone who's totally unfamiliar that is a great question and it's a
complicated one to answer because i think that validating has different meanings depending on
the ecosystem that you are referring to because validating the ethereum network is very different
from validating on a cosmos chain because the cosmos sdk integrates on-chain governance as an aspect of
token holdership so validators are inherently obligated to be engaged with the governance on a
chain whereas other chains like ethereum validating is purely a technical endeavor and it doesn't engage in
the governance side of things so i think those those differentiations really make a difference in how
you would approach explaining the validator but to stick to the like technical side of it just as basic
as possible i would say that validating is a process for a distributed group of individuals and organizations to
support the existence of a ledger or a data network um that has you know persistence and reliability and
maximum uptime and you know all those performant kind of characteristics that we require for
uh an infrastructure layer i might have to work on that explanation because i didn't like it as i said it
no no that makes a lot of sense and i guess uh if i were to ask something else i would ask uh so besides
yourself well i i guess i don't know necessarily how to ask it but but besides cleomedes uh are there
other validators that jump out to you that are doing a phenomenal job right if you were gonna delegate a
whole bunch of tokens to someone besides yourself uh who do you who would get your delegation
uh oh man that's such a tough question because there's so many great validators out there um
to to pick some names off the top of my head would be would be challenging um especially considering i
mostly just uh validate all of my stuff to clear medias on every chain that i can because it's so easy
um but um i as far as validators that i really appreciate i love to see validators who are actively
engaged in networks and so uh like one of the um i'm sorry this is gonna be like a rambly answer uh
because i don't have a great direct answer so i'm just gonna obfuscate it with a bunch of words
but um i i've been working on this new program for our validator called ibc news and we're just like
trying to run a weekly news broadcast jacob from atlas dow has been helping we've been working together to
kind of build this and um over the course of that the process of building this you know i'm getting
a lot more engaged in twitter activity and and news reporting and seeing you know which which
organizations are out there actually actively supporting um projects and what i've found is
that there are a certain number of validators that really stay active in the community and they do a
good job of producing content that helps to educate their delegators um on you know decisions that
they're making or things that are happening in the ecosystem so like one that comes to mind is
imperator they're um a big validator that's been around for quite a while they produce a block explorer
for a lot of different uh chains and they've done a really good job over the the years really that
they've been a part of the ecosystem of producing educational content for the community um i think notional
is another great example of a validator who um you know while there might be some drama associated with
uh individuals involved in in the organization as a whole i think they're a great example of
validators who really bring value to the ecosystems that they that they support um like strange love
labs is another great example they've been a core component of the the cosmos hub for a long time um so
i think it's really important when people are evaluating other validators to look at the the actions
and the activities of those validators don't just look at the numbers and the stats because a lot of
there's tons of great validators who have great uptime and they have great governance participation
and all that kind of stuff so you know the the bar is constantly rising and that's what i like to try
to push with um validator awareness i guess is just keep keep raising your expectations for what a good
validator looks like and i think that we're in this stage right now where community education is the
most important component of validating in the cosmos ecosystem because we need to onboard more users
into the cosmos and so i really try to focus on supporting and promoting other validators who
are creating that sort of educational content yeah that i mean that makes a ton of sense and i probably
i need to work on my formulation of that question because i i also understand how it's unfair to ask off
the top of your head like what what other validators are a good value i'm sure that that's not uh like
like like off the top of your head you're not going to come up with an exhaustive list of all the
validators that you like there's too many to think of all of them but i think uh that answer you gave
i think it's very interesting and very informative uh there were some that i didn't expect there so
uh yeah that that's super interesting um i uh the more i've gotten familiar with your guys's work
and what you guys are doing the whole concept of uh tokenizing the whole validation process uh
i think that that's such a fascinating idea um do you have you probably don't but like is there kind
of an end vision of like what this tokenization will look like or like like is is getting everything
tokenized and incentivized in that way is that the final goal or are what we see is what you guys have
now is an intermediary step uh to what you guys are trying to build that is a fantastic question i love
that question and i i i don't have a absolute direct answer to that because everything is so quickly
evolving and growing in the ecosystem i mean when cleomedes first launched a token our goal was
simply to create a create an incentive structure to motivate uh community members and contributors to
participate in the development of our validator and to give them a sense of like skin in the game and a
sense of reward for their contributions and at the time there wasn't really a whole lot of mechanisms
available to do that and so creating a token was just kind of like what people were doing you know
like you know a year and a half two years ago that was just a go-to like everybody was launching tokens
for daos and so that was kind of the path that this originally started down and while if i could do it
over again today i might do things differently um i don't think that it was the wrong choice and it
definitely introduces some some constraints because we're not trying to create some sort of like
speculative pump and dump bubble with our token and you know there's not like we don't hold a whole
bunch of founder tokens that as soon as the price goes up all the founders are going to start dumping so
that they can extract value out of it like every other you know token launch a year and a half to two
years ago did um so like our our token distribution is is really important to our process and i think
it's a crucial part that sets apart our um strategy with our token from the majority of you know ido
type uh token releases um the community owns 75 of the of the entire token supply which is a massive
number if you look at token distributions for idos i mean community supply is usually like maybe
20 to 40 percent tops um so the the distribution is is entirely in the hands of of the community with
a small you know 15 was set aside for the initial creation of the project and the people who contributed
to building the mechanisms you know that we needed to to launch that process um and so as far as where
it's going to go um i think it's going to be constantly evolving and you know what the final um
destination is for that token i i honestly couldn't say and i'm excited to find out because it's going
to be really interesting to see how the economy evolves in in the in the crypto sphere and what
kind of tools um become available to us and like right now we're seeing this uh this um introduction of
a new concept of of self-sovereign identity and i think it's a huge growing narrative that's going to
play into dow structures and on-chain reputation and that's going to lead to new ways of managing
governance that aren't necessarily token based and so there's this question um in my mind as things are
evolving you know is is this token a governance token is this token a revenue share token is it you
know what is it both or is it going to be neither is there a new way that we use it i you know i couldn't
say for sure but um as far as i'm concerned like the goal for the clio token and whatever form it takes
as it evolves the clio token is always going to be meant to be some sort of uh community um symbol of
of ownership or revenue share or participation or some claim on some value you know that's the the
intended purpose of that token and that purpose will continue to persist it just might evolve and
change in the way that the um the users actually engage and interact with that token if that makes
sense no that totally does uh and and really uh you know as i wrap my head more around what you guys are
are trying to build uh i thought about even kind of what dowdow's dow uh that was validator looks like
where they have the validator is owned really on like a very deep level by the dow and then you know
that leads to decentralization of kind of that even that underlying infrastructure it uh i mean i don't
necessarily have a question about this but like i it's just such an interesting thought experiment
about like what does it look like when you start to take validation which is in my in in at least
some interpretation the validators are the chain right they are the ones making the chain possible
and like decentralizing that through on the governance aspect but also potentially like thinking about what
a validator would look like with a uh like a dow that's running it and then if you ran the hardware
on like akash so you could literally be taking the commissions uh swapping it for akash and keeping
everything running automated through crypto is such an interesting idea and uh over the past few weeks
it's definitely given me things to think about uh yeah i don't i don't have a question there but uh
yeah i guess just big ups to you guys for pushing the boundaries of what people are doing in this
facet yeah thanks i appreciate that and i definitely i'm right there with you um i've been looking at
that dow dow validator integration ever since uh we since it was released pretty much and it's it's on our
roadmap it definitely is you know it's it's an interesting one because the idea of having this validator
where the key is actually held so for people who aren't aware dow dow has a feature where you can
load the the key for your validator into a dow dow portal and it uses like a horcrux key signing um
methodology i'm not like super into the technical side of stuff i'm more the business guy so forgive me
you smart people who know this better than i do but the general idea is that um a dow community can
own the actual key the signing key for the validator and control it through the dow dow portal and the
governance can be decided however you set up the dow dow portal and and through that method then people
can do you through a decentralized method people can vote on you know what does the the validator do
do updates have to be approved by the community and votes that get cast have to be approved by the
community all of those kinds of things and it's a really interesting path to go down but it's also
a very tricky path because anybody who's been experimenting in decentralized decentralization
knows that it's a double-edged sword the more individuals who are involved in the decision-making
process the slower the decision-making process becomes and so having a validator sometimes there
needs to be like very quick decisions that are made if there's a an issue on a chain or an update that
needs to get pushed through very quickly you can't sit around and wait for seven days for a community
proposal to go through you know so they're there that's why we're building this like progressive
decentralization we're continually testing these new tools and these new organizational structures and
figuring out how do we pair things down to like the the least number of signers possible to get the
maximum value out of that decentralization and so what we're working towards right now is just finding
that balance like how many people are involved in each decision and how do you decide who those people
are and also make sure that your overall community still has oversight over those decisions so that it
actually is decentralized all the way yeah yeah and like he's i think progressive just into the
decentralization makes sense because all of the problems that spring to mind like i think uh the
time to make decisions that i mean that makes a lot of sense and we can we can pretty clearly envision
what answers to these might be but kind of with all things dows these all take engineering effort
to put through and make sure that they're ironclad and that they work correctly right you can imagine
having some someone who's at any given point in time on call to make those like quick decisions
because of a chain halt or you know whatever um but to enshrine that in code takes time and effort
uh so that makes sense uh i guess to uh move on i would i would love to um kind of ask about so you
know somebody might be listening and be really compelled by what you guys are working on and be
interested in becoming more involved in some way how would somebody who is not involved in kind of the
cleomedes sphere of influence get involved is there a way that you would recommend if somebody is
trying to get their first cleo tokens would you tell them go to a dex would you tell them go to
arzea like what would be your message to someone who's just generally interested here
yeah absolutely and that's a fantastic question because i think this is crucially important for
community members to understand because it's such a different approach that we're we're trying to
cultivate with this idea of contributor ownership it's not token holder ownership in the sense that
you can just go to a dex and you can buy as much as you want and all of a sudden now you have this
big pile of cleo that you can use to vote on in our governance proposals like that's not our goal
now we do have a token pool that is available we're actually in the process right now transitioning
it to osmosis um because the wind dex is where we previously were on juno and it uh if you're not
familiar with wind don't bother getting familiar it isn't going anywhere um so we're moving to osmosis
and so you will be able to buy and sell cleo on osmosis but it's a very shallow pool um and so
there's not really a lot of depth to like buy into the project and we don't want that to be the case
because we're not trying to build a plutocracy we're trying to build a meritocracy where people earn merit
through contributions and so the best way to connect with us if you are unfamiliar with anything
that we're doing is i would recommend i mean joining our discord obviously but the easiest
thing is to jump on zealy and find the cleo medias quest board and just get plugged into that zealy board
it'll guide you through getting added to the discord following all the social media accounts
give you links to bookmark for all of our official documentation and then there's like learning
experiences that you know take you through individual components of our process you can
familiarize yourself with you know each individual step along the way and then there's contributor
experiences that the learning experiences kind of guide you into so as you familiarize yourself with
the content through the quizzes and and other learning engagement it will enable you to then
participate through contributions and it might be something like making a meme that you know really
sums up something in a beautiful way that memes do or you could make a twitter thread that explains how
something works or even long form media or youtube videos or um video shorts you know whatever type
of content is is your forte we want to give you a path to pursue creating that content for us and then
there will be rewards given to high quality contributions that the community approves of in the form of cleo as
well as reputation so i would definitely recommend starting at the zealy board and expanding from there
yeah that's super cool i've i've drawn a lot of inspiration from you guys at zealy because it is uh
it's quite an impressive feat i i didn't realize that a zealy board could be impressive but it is
uh yeah so um yeah that's thanks that's great i i kind of have the the same feeling i'll be honest
like when zealy first came out um i was a part of a different project and somebody told me like oh you
should check out this uh crew three tool because it's called crew three at the time i took one look
at it and i was like ah that looks lame that's like for twitter farming like making you know twitter armies
to farm engagement like that's not the that's not for contributor engagement that's not going to be
any value and then like a year later when it started popping off more um one of our other contributors
mode token part of the cleo medias community he's uh one of the guys who was just a community um you
know regular community guy and just started contributing and slowly worked his way up and now he's one of our
founders who got a portion of the the original 15 dedicated to um founders and he actually helped
uh educate me on how we could use zealy to be more effective and he and i partnered together and developed
this methodology for um using zealy to create this like contributor filter that um you know i just
basically described a little bit ago so i appreciate your comment on it because it definitely was
an eye-opening experience for me to be a part of creating that zealy and you know now we go out and
we try to create similar zealy experiences for all of the chains that were validated on which is a lot
of work so it's a slow process we're just kind of slowly expanding out but the goal for us is to build
this inter-community engagement between all of the chains that we validate using zealy and other tools as
you know just a medium of of drawing in community members and helping to to filter them into
areas where they find themselves passionate and motivated to contribute and it might be you know
doing something for one chain or doing something for multiple chains or just working for for us as
the validator um but the the goal is to connect all of these different communities together into one
you know cohesive inter community uh just like we have the inter chain
yeah that's incredible um so for anybody who's not familiar we've been doing this uh we as in yield
most have been doing kind of this unofficial uh campaign this this unofficial uh thing with our with
our weeklies with our weekly space where we have teams on that are part of our upcoming juno outpost
right and this the juno outposts are a huge uh step forward for yieldmost and kind of what we've been
working on for a very long time now uh so a couple weeks ago we had the gelato team on this week we have
uh the cleomedes team and so this is largely thematic because uh our outpost stuff which is inching
uh ever closer uh has a feature where you can go in and automate uh uh staking to cleomedes dow on juno
uh so um you know as you're hearing a little bit about cleomedes um the hopes is that you guys will be
able to come around week by week learn about the different projects that will wind up in the outpost
uh i see horoburu you're still here maybe uh one of these weeks we can get the neta team on because
neta is also one of the options that we have in the outpost um again i feel like i keep uh falling into
this pattern of having non-questions to ask but uh yeah we have these we have the this new functionality
uh to be able to automate increasing your stake in the cleomedes dow
um is this i mean is is this something that's particularly useful for cleo or it's just a nice
to have sort of thing yeah thanks uh i was gonna jump in there and kind of help you ask the question
because that's exactly the question um and you're right it's a hundred percent huge for us i mean when
you let us know that you were building this i was actually just shocked i i couldn't believe it
because it's such a great feature um i think that these types of usability improvements is exactly
what we need in the cosmos ecosystem and the fact that you guys reached out to us to let us know that
you wanted to build this was um super encouraging to me because that's the kind of collaboration that
we're trying to encourage um you know my i spent all of my time working in the cosmos ecosystem trying
to connect projects that i think have collaboration potential um i think that um removing the concept
of competition and introducing this idea of collaboration is one of the greatest strengths of
the web3 ecosystem and so that's a hundred percent what we're here to encourage and foster is that
kind of collaborative we can all work together because there's no sense in everyone reinventing the
wheel so the the interface that you guys are producing that will provide a single like one
click buy and stake functionality for users that's like a that removes an entire like six month
roadmap item from our our developer list of things that we have to build and it frees up so much more
time for us to focus on other more important things so we would absolutely so much rather partner with
groups like you that are already in the the space of creating i mean the interface that you guys are
making in yield mouse is something that i've talked to people across the cosmos ecosystem about for
for over a year um and like everyone always has these ideas of like how can we make an easier you
know staking experience for the user and there's there's all kinds of challenges and complex ways to
go about it and now all of a sudden you have yield most which is already just like making it happen
in all these tremendous ways and the strategies that you guys are developing i mean having talked to you
guys um you know offline about some of this stuff is has helped me get an idea of where your like
future goals are and it's it's like a dream come true for me i'm so excited for cosmos users to be able
to have this simplicity at their fingertips and it's going to in it's going to enable so much more
functionality for all of these projects um you know like ourselves and the other groups that you're
mentioning because then we don't have to just keep repeating the same work over and over again that
every other project is repeating we just like let the people who are good at the interface make the
interface and we can build the other stuff yeah i mean i appreciate the kind words i'm looking forward
to it i'm i'm glad we'll be able to support you know great teams like yourself um i i think i have a
concretely formed question next which might come as a surprise uh can you tell us about uh the
uh uh collaboration the partnership that you have with one of my other favorite uh creators in the
space uh atlas dow
yeah totally so yeah a great question love working with atlas dow jacob and the audience there is
is fantastic to work with he's he's one of the best networkers in the ecosystem uh everybody it seems
like everybody i talk to you know knows jacob and that's such a powerful um you know resource to have
uh so cleo media's partnered with atlas dow um atlas dow was looking to start their own validator
um because if you're not familiar with their their product they have uh nft collections and when the
nft collection is minted the the dow that mints the nfts collects all of the the mint revenue and stakes that
mint revenue on the network that it's being minted on so in this case there's a stargaze collection
and atlas dow is now staking all of the proceeds from their mint to the cleo media's validator and
so that was kind of the birth of our our partnership was um realizing like hey we can reduce the overhead
for atlas dow and you guys don't have to run your own validator which brings with it all of these
complications that you know that we were talking about earlier all the the work and the overhead and
the maintenance and infrastructure management and governance all that kind of stuff plays into it
and it's a huge responsibility so we were able to shave all of that overhead off for atlas dow in
exchange for them staking their um their assets with our validator to help boost and they actually
helped us launch our validator into the active set on stargaze we wouldn't probably be in the active set
without them so it was it was a massive um benefit for both projects and additional benefit that then
goes to atlas dow because we have the token um sharing components so on chains that we validate
that are producing revenue we um we give out a a portion of cleo that's like a percentage of our
revenue every month goes to uh like buying back cleo tokens out of our pool and distributed them to
delegators so for the atlas dow the all the tokens that they all the stars that they are delegating to
us um through their their dow dow portal are eligible to receive uh cleo tokens as a delegation bonus and so
atlas dow is building uh reputation and ownership of cleo medias as a part of our you know by
collaborating with us essentially yeah so it's an additional revenue stream for their for their nft
holders yeah it really is such an incredible pairing so then every person who owns one of the atlas
nfts has some small ownership just by nature of having the atlas dow nfts of cleo medias dow uh the
it just goes very deep it's it's it's such a nice pairing um
yeah i think it i think it was such a good call uh for both of you guys to partner up nobody needs the
headache of running a validator if you're not if that's not like in your blood
so uh yeah it was just a good call all around yeah definitely there's so much synergy there and
i love the i love the mechanism of you know holding an atlas dow nft essentially is holding
uh an index of the cosmos ecosystem because the revenue that cleo medias generates comes from
all the chains across the ecosystem and that revenue gets funneled through the various mechanisms
back to the atlas dow nft holder so i it's like i'll steal a little bit of thunder from the the
miglu um you know promotion campaign of like they always say like buy whale and hold the the cosmos
and that's kind of now you can buy atlas dow nfts and you can hold the cosmos yeah 100 although i feel
like i need to put a uh uh disclaimer as i'm a huge whale with one atlas nft so you have to take my my
my praise with with that one nft uh grain of sand a grain of salt grain of salt for sure yeah exactly
and and speaking of disclaimers another great disclaimer none of this is financial advice we're
all talking about experimenting with uh fake internet magic tokens so you know keep that in
mind we're we're proving that concepts work this is experiments not investments 100 well put uh
i think i think that's such a great introduction to uh what what cleo medias does uh i'm super happy to
start to wrap things up from here uh and uh yeah if you could just tell people where to go if they're
interested in learning more you know we we talked a little bit about the zealy as a good place to start
if they are interested in contributing uh but uh yeah i would love any kind of final thoughts where people
people should go to follow uh you guys and your guys's progress
yeah definitely um like i said the zealy place is a great one to start follow us on twitter if you just
uh you know click our little profile on here and click a follow we've got a link tree on our twitter
page that gives you links to all the important stuff and we also will be doing um an ibc news broadcast
with atlas dow in a couple of hours so keep an eye on our twitters and jump in for that
okay sounds good bbu do you have any do you have any thoughts as we as we wrap things up
oh no this was such a great call um it was very informative and i'm really excited about all the
stuff that's coming i mean like even with the outpost stuff or the stuff that atlas dow and cleo
medias are building together all of that sounds so exciting i'm bullish for cosmos so i'm all here for
it and i think this is a great place to wrap up and you know call it a day okay sounds good once
again thank you uh cleo medias for for coming on uh keep doing the good work that you guys are doing
and uh thanks everybody who was with us through this space this week uh we do them every week we have
our friday quizzes which are always a blast please come by the yield most discord if you want to do some
some games win some prizes uh all that sort of fun stuff uh if you ever need to get in contact with
us we're the easiest team to get a hold of in the ecosystem come say hi and uh yeah thanks everybody
have a good week have a great week guys thank you bye thanks everyone bye guys
