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Ittai Svidler and Jonah Erlich are Co-CEOs and Co-Founders of Den (https://www.onchainden.com), a self-custodial, multi-signature wallet for on-chain organizations managing protocols, DeFi and on-chain operations. The duo share behind the scenes takes on their viral hit project, ConstitutionDAO, and how it led them to the journey of building Den's suite of multi-signature tools that make it easier for crypto projects to move their operations fully on-chain, addressing key coordination challenges.
This week's guest:On this week's Just DAO It, we welcome on guest, Graham Novak, from Mezzanine Labs. Mezzanine is building an open-source library of applications that makes it easy for anyone to operate an onchain organization. Organizations choose from an expanding list of features, all under a unified interface. Prior to founding Mezzanine, Graham was a partner at SALT's crypto fund, started ConstitutionDAO, led crypto investing at 28th Street Ventures, and previously founded NomadX.News of the week:CityDAO on Twitter / X: "Citizens - it's time for an important vote. Should CityDAO return our remaining funds to Citizens?"Dan Robinson on Twitter / X: "It's disappointing to see a large VC try to bully the token governance process and delay community proposals at the last minute in order to advance their own pet projects" DAO Accelerationism Movement Aims to Advance Decentralized OrganizationsCrypto Governance Advisory MetaLeX Raises $2.75MWhy Arbitrum Might Shower Crypto Games with $200mThe Sandbox's DAO Launch Raises Concerns Over Centralized Control and Weighted VotingFind us on Twitter:@mezzaninelabs@gnovak_@MIDAODS@JustDAOItPod@0xThriller@leohenkels
On this episode of Rehash, we're speaking with Jonah Erlich about what a multisignature wallet is, how it's different from MPC (multiparty computation), best security practices for managing a multisig, and how to be a good multisig signer.Jonah experienced many of the common challenges multisig signers face when he was operating as a core team member of ConstitutionDAO back in late 2022, which is what inspired him to build Den, a tool that helps teams operate more quickly, safely, and effectively onchain through things like human readable descriptions, notifications, recurring transactions, and much more which Jonah shares more about in this episode. We wrap up with a few “can you nots” where we share some of our biggest pet peeves about things multisig signers or people operating in crypto in general like to do, and Jonah overdelivers on his campaign promise to tell an embarrassing childhood story about Diana by telling not one but two embarrassing childhood stories about her. COLLECT THIS EPISODEhttps://www.rehashweb3.xyz/ FOLLOW USRehash: https://twitter.com/rehashweb3Diana: https://twitter.com/ddwchenJonah: https://twitter.com/JierlichDen: https://twitter.com/onchainden TIMESTAMPS0:00 Intro3:10 How Jonah campaigned for his spot on Rehash6:17 What is a multisgnature wallet?10:42 Multisig vs MPC14:40 How to be a good multisig signer and best practices29:55 What is Den?32:44 How Den makes multisig ops easier38:31 How does Den make money?39:38 How does the Den team ship so fast?44:50 What Jonah would improve about the Safe ecosystem47:38 Long term vision for Den49:55 Can You Not54:48 Jonah's embarrassing story about Diana59:57 Follow Jonah DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.
How well would you fare in the high-stakes world of blockchain and cryptocurrency? Could you navigate the complexities of decentralized technology and its potential to revolutionize society? In this episode of Unlearn, Barry O'Reilly sits down with Anne Connelly, a blockchain expert passionate about leveraging technology to transform lives in emerging economies.As a faculty member at Singularity University and Boston University, who has also lectured at Oxford University, Anne teaches about how blockchain can enable us to redesign the foundations of society . She is also the author of "Bitcoin and the Future Fundraising," a guide that guides charities on how to accept crypto donations. Anne shares her journey from the nonprofit sector to the world of crypto, highlighting the importance of risk-taking and unlearning traditional structures to embrace innovation.Embracing Risk and Making Tough DecisionsAnne's journey into the blockchain space began with a pivotal decision to forgo a promotion in the nonprofit sector for a career in an emerging industry. She reflects on the momentous choice she made, stating, "I would rather try and fail than never have tried at all." Even in the face of extreme uncertainty, there are times to take a risk and be open to new opportunities. Anne's story serves as a reminder that sometimes the path less traveled can lead to unexpected and fulfilling outcomes. As she navigated the decision-making process, Anne's willingness to embrace uncertainty and step outside her comfort zone ultimately propelled her toward a path of innovation and growth.Transformational Experiences at Singularity UniversityAnne's experience at Singularity University's Global Solutions Program marked a turning point in her understanding of the potential of technology to address global challenges. She discusses the fusion of her passion for social impact with the innovative solutions offered by technology. Anne believes in rethinking the traditional approaches to problem-solving, stating, "We could make this a little bit better, but why? If we completely transformed it, we could make such a difference." Anne is a champion for using the power of technology to drive meaningful change on a global scale through a holistic and impactful approach to addressing societal issues.Decentralized Autonomous Organizations (DAOs)Decentralized Autonomous Organizations have an incredible disruptive potential in reshaping how we govern ourselves as a society. Anne explains how DAOs enable groups to collaborate without traditional hierarchies, leveraging blockchain technology for transparent decision-making processes. She highlights a real-world example of Constitution DAO, where a collective effort raised funds to purchase a copy of the US Constitution. These decentralized systems offer unique possibilities by democratizing decision-making, which allows for meaningful innovation in traditional governance models.Onboarding and Adoption of Crypto TechnologyAnne shares the challenges of onboarding newcomers into the crypto and blockchain space, especially when it comes to accessible entry points. She shares a story about introducing a group of skeptics to Bitcoin. Their resistance held firm until they had a true, hands-on experience, which shifted their perceptions entirely. There's a disparity in crypto adoption rates across different groups and regions, and Anne highlights how crypto often resonates with populations facing financial instability or limited access to traditional banking. If we want to encourage broader participation in the crypto ecosystem, we must focus on creating more inclusive strategies.Read full show notes at BarryO'Reilly.comResourcesAnne Connelly on the Web | LinkedIn | X(Twitter)
This week's guest:On this week's Just DAO It!, we welcome on guest, Pablo Moncada-Larrotiz. Pablo is the founder of MoonDAO. In 2022, MoonDAO crowdfunded to send its members to space and successfully purchased two seats on a Blue Origin rocket. Now, the DAO is focused on funding research and exploration that accelerates the technological development of the first human settlement on the Moon. Previously, he was a core member of ConstitutionDAO, a software engineer at Google working on autonomous vehicles and virtual reality.News of the week:Pfizer-Backed DAO Launches Community-Funded Biotech Firm Barnbridge DAO Votes to Comply with SEC OrderDoxxing Allegations on Optimism Grants Spark DAO Debate Hamas Has Raised Millions in Crypto Donations@CryptoAidIsrael on Twitter: "Thousands of Israeli lives have been destroyed by Hamas
Listener Nathan asked me to explain why the hacktivist group Anonymous would promote SovereignDAO, so in this epic episode we learn about the origins and evolution of Anonymous, how DAOs work, and whether the components of a DAO align with the philosophy of Anonymous. See omnystudio.com/listener for privacy information.
In this week's episode of DAO or Never, we're experiencing deja vu - and a little bit of nostalgia - with Constitution DAO part II. We also talk about the work being done to understand and avoid exploits; the market for studying web3; and the release of a quick and easy way to build a Nouns-style community. Let's dive in!Key Takeaways:Constitution DAO, Take TwoFunding Exploit ResearchDXdao Avoided Exploit ExplainedSotheby's MetaversityNouns Builder ReleasedAdditional Resources:Learn more about Logos DAOConnect with Logos DAO on LinkedIn and TwitterGet all the news from DAO or NeverIf you enjoyed this episode, please follow, rate, and leave a review on your favorite podcast platform!
In part 3 of the ConstitutionDAO retrospective series, Matthew and Brileigh are joined by members of PeopleDAO including AA, MatterTurbulent, and Matt Wyatt from Nucleo.After the ConstitutionDAO core team decided to wind down the project, a new community formed around the $PEOPLE token: PeopleDAO. In this episode, Matthew and Brileigh trace the chronology of the events that took place after the Sotheby's auction on November 18, 2021 and how PeopleDAO was formed as a metaDAO to incubate other subDAOs including PandaDAO and LanguageDAO. Almost exactly a year later, Sotheby's is auctioning off the last privately owned original copy of the U.S. Constitution on December 13th, 2022. UnumDAO (ConstitutionDAO2) will fundraise for the auction both in public using Juicebox and privately through a ZK tech stack that utilizes Aztec Network, Nucleo and Sismo. The core team tells us why they're launching another campaign and what it means in the middle of the bear market. Chapters: 00:01:05 The $PEOPLE token after the auction and significance to Chinese community 00:04:01 How PeopleDAO was created 00:6:16 PeopleDAO's first two projects: PandaDAO and LanguageDAO 00:09:21 Sotheby's announces another copy of the Constitution up for auction Dec 13 00:11:15 UnumDAO (ConstitutionDAO2) 00:13:22 High level overview of ZK proofs 00:15:03 Aztec 00:16:29 Ken Griffin on funding North Korea via crypto 00:17:30 Nucleo 00:18:21 Sismo 00:19:52 Why do a second campaign for the Constitution? 00: Final reflections on ConstitutionDAO from Matthew & Brileigh Topics discussed: ConstitutionDAO2 PeopleDAO LanguageDAO PandaDAO ConstitutionDAO Sothebys The US Constitution Three Arrows Capitol FTX Follow Juicebox on Twitter: @juiceboxETH Juicebox Protocol's website: juicebox.money Follow Matthew on Twitter: @0xmatthewb Follow Brileigh on Twitter: @0xbrileigh Credits: Hosts: Matthew Brooks and Brileigh Hardcastle Production: Matthew Brooks and Brileigh Hardcastle Engineering: Matthew Brooks Music by ShortRecord
In this special series of the Juicecast in celebration of the 1-year anniversary of ConstitutionDAO, Matthew and Brileigh are joined by several former core members including Anisha Sunkerneni, Miguel Piedrafita, Graham Novak, Alice Ma, Jonah Erlich, Ittai Svidler, Jon Hillis as well as Pablo Moncada-Larrotiz. ConstitutionDAO was a single purpose acquisition DAO that raised over $40M in an attempt to buy one of the last thirteen remaining copies of the U.S. Constitution at Sotheby's on November 18th, 2021. What started as a joke in a group chat onboarding thousands into crypto and gave the world a glimpse of the power of blockchain technology, decentralization, and new forms of governance. In this episode, Matthew and Brileigh follow the events that took place after the auction at Sotheby's. They discuss the criticisms of ConstitutionDAO, the role of the media, and Ken Griffin's involvement as the winning bidder. They also reflect on the big picture of ConstitutionDAO as a mental model for the public to learn about DAOs and what this story represents for crypto more broadly. Chapters: 00:00:21 Result of the auction 00:03:24 Why ConstitutionDAO couldn't lost the bid 00:05:19 Discovering Ken Griffin as the winner of the auction 00:10:12 Ken Griffin's comments on crypto and its threat to traditional finance 00:16:04 Choosing to wind down ConstitutionDAO 00:18:30 The rise of $PEOPLE and PeopleDAO 00:21:02 Reflecting on the big picture of ConstitutionDAO 00:23:54 Miguels the “purple haired dev” & the importance of web3 projects not about speculation 00:26:55 Jonah & Ittai on ConstitutionDAO as a model for DAOs to the public and early internet use cases 00:29:07 Anisha's thoughts on the role of media and working with press 00:30:49 Common criticisms of ConstitutionDAO 00:32:27 Pablo's story on leaving ConstitutionDAO 00:35:39 Jon's thoughts on the future of DAO's & the value of the Constitution being owned by the people 00:37:43 Graham's shares what the story of ConstitutionDAO represents to him 00:38:34 The last privately owned Constitution going on auction at Sotheby's on December 13 Topics discussed: ConstitutionDAO Ken Griffin Sothebys Early internet use and mental models for DAOs American history The upcoming auction at Sothebys
In this special series of the Juicecast in celebration of the 1-year anniversary of ConstitutionDAO, Matthew and Brileigh are joined by several former core members including Graham Novak, Alice Ma, Jonah Erlich, Ittai Svidler, and Jon Hillis. ConstitutionDAO was a single purpose acquisition DAO that raised over $40M in an attempt to buy one of the last thirteen remaining copies of the U.S. Constitution at Sotheby's on November 18th, 2021. What started as a joke in a group chat onboarding thousands into crypto and gave the world a glimpse of the power of blockchain technology, decentralization, and new forms of governance. In this episode, Matthew and Brileigh trace the chronology of the events that took place from conception up until the auction at Sotheby's. They also cover the history and significance of the Constitution itself, suggestions for where the document could have been displayed, as well as a last minute request from Sotheby's that almost prevented the DAO from being able to bid at the auction. Chapters: 00:00:00 Intro 00:00:44 History of the U.S. Constitution 00:01:49 What is the Constitution 00:03:46 1988 auction of the same copy of the Constitution 00:04:38 How ConstitutionDAO got started 00:09:21 End of Day 1, a true heist for public goods at the kickoff call 00:12:05 Communicating with Sotheby's and requirements for bidding 0013:25 Who would “own” the Constitution? 00:14:01 Federal Hall as a bastion of American History & venue for displaying the document 00:15:21 Choosing a fundraising platform 00:17:34 Days 4-6: Money starting to snowball, interviews with CNBC & NYT 0021:20 The power of deadly serious memes 00:22:27 Overcoming stagnant growth and finding a whale 00:24:50 ETH and FTX tank, and overcoming the last hurdle hours before the auction 00:28:12 Introducing Sotheby's Lot 1787: The Constitution, teaser for episode 2 Topics discussed: ConstitutionDAO Sotheby's The U.S. Constitution American history FTX Follow Juicebox on Twitter: @juiceboxETH Juicebox Protocol's website: juicebox.money Follow Matthew on Twitter: @0xmatthewb Follow Brileigh on Twitter: @0xbrileigh Credits: Hosts: matthewbrooks.eth and brileigh.eth Production: matthewbrooks.eth and brileigh.eth Engineering: matthewbrooks.eth
This is my conversation with Jango and Nnnnicholas from Juicebox Protocol. Juicebox is a playful but ambitious project: the DAO operates as a full-stack instantiation of the protocol it's building, and fully reconceptualizes the relationship between contributors and shareholders. It has powered projects like SharkDAO, ConstitutionDAO, and AssangeDAO in the past.Timestamps:0:00 intro1:37 an alternative to traditional org structures9:53 philosophical alignment27:30 the key mechanisms of the Juicebox Protocol35:51 fundraising mechanics and the extensibility of Juicebox v246:05 a DAOs's origins shape its culture54:46 guiding principles for compensation1:02:06 working backwards from the future1:12:11 the subtraction philosophy and Ethereum as the Big Bang1:31:25 StudioDAO and models for permissionless DAOsRelevant links:Jango - https://twitter.com/me_jangoNnnnicolas - https://twitter.com/nnnnicholasJuicebox - https://juicebox.money/Nouns - https://nouns.wtf/StudioDAO - https://www.studiodao.xyz/Juicecast podcast about StudioDAO - https://podcasts.apple.com/us/podcast/ep-9-kenny-from-studiodao/id1623504302?i=1000576149672
My guest today is Robbie Heeger the president and CEO of Endaoment.org, the first on-chain 501(c)(3) public charity, established with the mission of managing and encouraging the charitable contributions of digital assets. Endaoment is built to facilitate tax-deductible donations of more than 1,000 cryptocurrencies to any nonprofit in the United States, providing philanthropic financial services to the blockchain community and introducing nonprofit organizations to the benefits of blockchain technology. Donors can give through Endaoment using its Donor-Advised Funds, Community Funds, and Direct Donations, all of which charge industry-low fees to maximize throughput to recipient organizations. For more information on how to give and receive donations via Endaoment, as well as details on its ongoing efforts to become a DAO, visit https://endaoment.org/ (https://endaoment.org/). Show Notes: How EnDAOment is built to last EnDAOment's crucial role in Constitution DAO $275k in 2020 to $28 million is 2021 Carrying the Flag for Giving in Crypto Ben Thompson (https://twitter.com/benthompson (https://twitter.com/benthompson)) and Stratechery's (https://stratechery.com/ (https://stratechery.com/)) influence on Robbie and the entire tech space - embracing the New Epoch Building a company for 50+ years of success Why EnDAOment (and other protocols) is built as two entities Jesse Walden's (https://twitter.com/jessewldn (https://twitter.com/jessewldn)) impact on Web3 values, especially Progressive Decentralization https://a16z.com/2020/01/09/progressive-decentralization-crypto-product-management/ (https://a16z.com/2020/01/09/progressive-decentralization-crypto-product-management/) Nature of the Firm - https://onlinelibrary.wiley.com/doi/full/10.1111/j.1468-0335.1937.tb00002.x (https://onlinelibrary.wiley.com/doi/full/10.1111/j.1468-0335.1937.tb00002.x) DAO Entity Architecture from Paradigm - https://daos.paradigm.xyz/ (https://daos.paradigm.xyz/) From a16z - https://a16z.com/2022/05/23/dao-legal-frameworks-entity-features-selection/ (https://a16z.com/2022/05/23/dao-legal-frameworks-entity-features-selection/) Putting the donor's needs first as a multivariable equation The future of EnDAOment, its stakeholders/supply chain and the broader tax-advantaged financial primitives Thanks for listening! Did you know you can also watch the show on YouTube? Just hit the link below and don't forget to subscribe! https://www.youtube.com/channel/UCmLdoo9oEu2AhkH1cJHemfw (Web3 w/ Me - YouTube)
CityDAO Podcast | A Community-Governed Crypto City of the Future
Today's guest is Julian Weisser, who is one of the core contributors to the legendary ConstitutionDAO. In this episode, we will talk about ConstitutionDAO, fractionalized ownership of assets, web3 talent sourcing, workplace, shifting of talents, and many more. Julian is also the Co-Founder of On Deck, which is a growing community of the world's top talents and this is where investors, founders, career leaders, creatives, and vertical-change makers connect. As a leader at On Deck, Julian works with talented people to explore various ideas for new businesses and products. Prior to On Deck, he went to music school in Boston, dropped out, and then built some healthcare startups. He is an angel investor in 70+ startups including Roam Research, Levels, MainStreet, Clubhouse, Stir, and Atmos. --- Send in a voice message: https://anchor.fm/city-dao-podcast/message
Noah Prince (Co-Founder/ CEO, Strata Protocol) and Austin Adams (Lead Protocol Dev, Metaplex Studios) sit down with Austin Federa to discuss the integration of Strata's Dynamic Pricing Mint tool into the Metaplex Program Library.00:51 - What is Strata?02:12 - Challenges when launching a token04:43 - Why is Strata more successful than competitors?06:15 - Fundraise and the changing use cases of tokens on Solana08:47 - Changing mentalites around the function of tokens10:48 - How is Metaplex's approach different11:51 - Description of the flow using Strata13:25 - Mechanisms of dynamic pricing15:12 - Tools for dynamic pricing / Collusion19:06 - Metaplex and additional tooling21:54 - Optimizing Metaplex's architecture for the community25:05 - Advantages and drawbacks with metaplex's architecture29:44 - Metaplex and backward compatibility32:39 - Pitch for using dynamic pricing DISCLAIMERThe information on this podcast is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.The information contained in or provided from or through this podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.The information on this podcast is general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this podcast without undertaking independent due diligence and consultation with a professional broker or financial advisor. Austin Federa (00:10):Welcome to The Solana Podcast. I'm Austin Federa. Today we're talking about a new partnership between Metaplex, the NFT implementation on Solana, and Strata Protocol, a toolkit that helps developers launch tokens. They've built some new tools to help creators set dynamic pricing for NFT mints and these change the economic incentives around NFTs which will hopefully reduce the botting of NFT mints. We're joined by Noah Prince, the co-founder, and CEO of Strata Protocol, and Austin Adams, a software engineer and lead protocol developer at Metaplex. Gentlemen, welcome to the Solana Podcast.Noah Prince (00:42):Thanks, Austin.Austin Adams (00:42):Thanks for having us.Noah Prince (00:43):Glad to be here.Austin Federa (00:44):Great. So let's go ahead and start out today with just an overview of, Noah, what is Strata and what are you guys trying to do in the space?Noah Prince (00:52):So Strata Protocol at its core is a protocol for launching tokens and managing the liquidity around those tokens. So we have a variety of different auction mechanisms, and we can launch tokens anywhere from small tokens that you don't really know who the counterpart of the trade is, there's not going to be much volume, all the way up to large tokens where you want to do a large offering and then eventually put those on a DEX. How we ended up getting into this space is just that our auction mechanisms for tokens also offer a solution for the NFT botting situation. So we thought long and hard about how to keep bots from botting the token launches that we have. And if you launch one of those tokens and then put it as the entry price to a Candy Machine, you get a dynamic pricing Candy Machine.Austin Federa (01:39):So let's talk a little bit just to kind of roll back to what Strata really is trying to accomplish here. You mentioned it's a solution for launching tokens and providing initial liquidity for those tokens. What are the challenges that people run into when actually launching a token? I think if you look across the space, you'd see that there are hundreds of different tokens run by hundreds of different projects across the Solana ecosystem, the majority of which were not launched with something like a launchpad or basically a protocol to help them go through that process. What are the challenges that people are facing when they're actually looking at launching a token?Noah Prince (02:12):Yeah. So I think token launching kind of comes in a few steps, right? The very first step is the ideation phase, where you're trying to figure out what your token is, do you have multiple tokens? What are the tokenomics? And somewhat in that same phase is where legal comes in. And to a lot of degrees, that is the hardest spot is where you're going to figure out what your token does. But a lot of times for people launching a token, there's this kind of big okay, we know what we want to do, but how do we physically create that token? And then how do we go and do things like auction that token off? I want to sell some of that token to investors. I want to sell some of that token to all of my community, how do we actually distribute that thing?Noah Prince (02:54):And then after that, there's the step where you've distributed it, you've collected some money for the token that you can use to bootstrap the project. And then you also want it to be tradable on a DEX or on an AMM. And then you go and set that up. So Strata is really there to help with the creation part of the token and for really small tokens, we also manage the liquidity. So if you don't want to even care about what is an AMM, what is a DEX, who is the counterparty to a trade? We have a way you can launch a token and it's basically one click. The protocol just takes care of all of it for you.Austin Federa (03:30):Yeah. So if you think about maybe a year ago, when someone was trying to launch a token, there was lots of technical components in actually creating and launching that token, but you'd have to go and submit something to the Solana token registry. You'd have to then go ahead and set up a permissionless pool on something like Serum. You'd have to go ahead and try and get it verified to get it actually listed there so it would show up in the list. Someone didn't have to add it as a custom market and all these things are functionally automated through you guys at this point, correct?Noah Prince (03:56):Yep. So for the most part, those things are automated. You still need to go and set it up on a AMM after you bootstrap the liquidity, but yeah, we're basically making it permissionless to go and do this. So the idea was to make it as easy to launch a token on Solana as it is right now to launch an NFT which Metaplex has kind of done a great job of.Austin Federa (04:16):And so there's been a lot of organizations that have tried to create launchpads or create basically systems of easier onboarding on the Solana blockchain. And a number of them haven't really gone anywhere, or they've been sort of overrun with, I would say very low-quality projects that are just trying to find a quick way to launch a token. What's the reason you think that Strata has had a bit more success here and not fallen into some of those traps?Noah Prince (04:43):Well, I think the first big trap there is talking about projects that are obviously disingenuous, they're trying to cash grab. They're not actually a real project. And when you talk about creating something permissionless, you want to get away from that, right? The barrier to entry should be low so that anybody can do it because tech is tech, but we don't want to be the ones that are creating the list of all the different tokens that we think that people should buy, right?Noah Prince (05:12):Equally, Metaplex isn't doing that. Metaplex doesn't go out and tell you which projects to buy. There are plenty of Launchpads that have their own lists that'll tell you who they think you should buy, and there are plenty of Twitter influencers who will tell you that as well. So that's one way that we're doing it. And then the other way that we're doing it is trying to make it easier for these projects that are smaller and maybe don't have all the idea of how to do everything that's complicated with launching a token, they just want a simple token. Things like social tokens are like little community chat projects, making it easier for those.Austin Federa (05:47):Some of the interesting things you guys have done in addition to the ability to create a new token or sell an existing token bootstrap liquidity is this idea of a fundraise and the dynamic pricing of NFT mints. On the fundraising side, what did you see in the changing ways people wanted to use tokens or the changing use cases of tokens on Solana that really led to the idea of a fundraise being something that a launchpad protocol should build tooling for.Noah Prince (06:14):Yeah. Fundraise was inspired deeply by ConstitutionDAO, which if you didn't see it, was this thing where a bunch of people on Eth just banned together, they said they were going to buy a copy of the Constitution of the United States of America. There was an open bidding that happened. I think they raised like $30 or $40 million and ended up getting outbid, but it was still this example of a community coming together and bootstrapping a ton of liquidity to do something cool. And the idea was that there will be shared ownership of the Constitution, or at least this copy of it after the bidding was done.Noah Prince (06:49):And so how you do that mechanically is just, you're collecting money into a pool that somebody then uses for the bid. And then as you're collecting money, people are getting a token that represents their share of that pool. And so even after you've used the money, they still have the token. And so with the ConstitutionDAO you had the people token. And that's just one of many ways to launch a token and why a launchpad is formatted like a wizard because we want it to be like a no-code tool where it asks you the questions that you need to answer to get towards launching your own token.Austin Federa (07:20):It's super interesting to think about the implications for some of the stuff for the intersection of real-world assets like something like a constitution and then the intersection of the ability to have full liquidity through something like a token mechanism for this. So I think that's a very interesting use case for it. And one of the great things I think about ConstitutionDAO when we saw that all happen is it's still going, right? There's still a community there. It's still passionate about this thing that they failed to create, but now is turned into something else which is in a large part, a lot of the story of NFTs on Solana as well, is that they start with one mission and suddenly something changes and Trash Pandas are now fighting plastic in the oceans, and all these other projects are building real community service kind of components into them.Austin Federa (08:05):When you're looking at the idea of a no-code solution here, what was the reasoning for something like that for more complex protocols? I guess the thing that I'm trying to tease out here is there's an assumption from a lot of folks that if someone's not sophisticated enough to figure out how to launch a token, they're probably not sophisticated enough to launch a project on a blockchain. That's obviously not necessarily the case, but that is part of why you've seen launchpads in general, or less code solutions be something that tends to have a lower quality project coming out of it in general. How do you respond to some of that criticism or look at the different ways that we just need to change our mentality around what a token's meant to be used for?Noah Prince (08:47):Yeah, I think there is that tendency, but as a dev, it's all about tools, right? For me, it's how can I get something done with the least effort possible that meets all the requirements. And so when you give tools to devs so that they can launch a token really easily, the devs can spend time focusing on the things that matter and not the things that don't. So part of it is that but also you need this primitive and you need this primitive to be easy because we're in the infancy of tokens right now, right? There's just one token. We're starting to see more complex systems like STEPN pop up where you have systems of tokens where that's just two tokens, all the way up to things like WOMBO, and BitClout, and Rally, where you have hundreds and hundreds of social tokens. And these things all start to interconnect together, and you can start to do really cool things when you can create systems of tokens. And that's something that you couldn't do in the past without this kind of primitive.Austin Federa (09:43):Yeah, it's fascinating. So, Austin, let's talk a little bit about the interface here with Metaplex NFT initial mints. So one of the things that we've observed over the last few months is that the increasing demand for NFT is on Solana. And also I would say real success of projects in building a strong community pre-launch has created situations where there is both a high incentive to bot the launch of an NFT, but also there's just extremely high demand for these things when they're coming up for initial mint. Some of that's driven by expectations that they might be able to flip them, but a lot of this is just organic community demand for a project that they feel very excited and interested in.Austin Federa (10:22):There's been a few attempts to create systems that would either increase the fairness or would try and reduce the incentives for botting. One of these was the Fair Launch Protocol which was created as sort of an extension of the Candy Machine toolkit, but Fair Launch Protocol never really caught on from a community standpoint. So what is sort of different in the approach here that you think is going to be successful in creating better incentives and dynamics?Austin Adams (10:48):I think the reason that this will be more successful is we will market it a lot harder than we marketed Fair Launch, but also the mechanics of Fair Launch weren't really, and they could have been changed they weren't really a great experience having to wait and then not knowing if you were going to get things. The NFT minter, once that sort of casino-style experience, they pull the lever, they get the thing they know right away, they're having fun, it's addicting. With the dynamic price mint coming in we get that addicting and fun feeling while still getting some technical protection against bots and making it a little bit more advantageous for creators. If they've created demand, they're getting rewarded for that demand.Austin Federa (11:38):Yeah. That's super interesting. So let's walk through, I guess, from both of you, what is the flow that both a creator and a user goes through if the project that they're trying to mint is using this new dynamic pricing powered with Strata?Noah Prince (11:52):Yeah. So the flow right now is a little bit broken up and that's kind of the point of this partnership, but right now you launch a normal Candy Machine through Metaplex, you grab the ID of that Candy Machine, and then Strata has a UI where you can plug in that ID and it converts it to a dynamic pricing Candy Machine. Now from a user standpoint, this looks pretty much exactly like the usual mint interface that you're looking, they're used to, right?Noah Prince (12:18):You just click a mint button, but the price is changing. So the price is just slowly ticking down and occasionally it bumps up when somebody purchases something and you can also switch tabs and you can go look at a price history plot. But as a user, you're trying to figure out at what point do you want to enter, right? At what price do you want to pay? And bots are playing the same game which is an unsolvable game. When do you enter a live market is a question that nobody knows the answer to. So it feels very much like a normal mint it's just that the price is moving and it's a game of who flinches first.Austin Adams (12:53):That's the current experience but as I'm sure you'll get to, we hope to create a deeper integration together that can utilize Strata's tech and Metaplex's tech for the entire experience without needing to go from one place to the other but using our new UIs and CLI tools, they can create a dynamic price Candy Machine that also gives us even more bot protections than we had before without having to go from one website to another.Austin Federa (13:25):So what is the dynamic pricing set based on? What are the mechanics that go into actually setting what that amount should be and how much volatility do you expect to see throughout the course of a typical 10,000 mint that might sell out in the course of several minutes?Noah Prince (13:43):Yeah. So generally, you want to establish what is basically the order of magnitude of the price. So something that's going to be in the 0.01 SOL range versus something that's going to be in the 10 SOL range, they're pretty different and it would be hard for any system to account for that. So generally what you're doing is you're setting kind of a range that you expect. So in the case of Divine Dogs, they were one of the very first ones that we did this with, they were minting an NFT that they thought would probably sell for two SOL. Now they're associated with the gods. And so 3.33 is a magic number for them. And so they actually set the starting price at 3.33 SOL and the minimum price at 1.1 SOL.Noah Prince (14:24):And so the idea was the minimum that they were willing to take as a project to get the funding to do what they needed to do was 1.1 SOL and they thought that people would pay up to 3.3 but probably not much more. And so what happened with that was I think the average price ended up being 2.32. But generally, you want the prices start slightly higher than what you think people will enter at so that bots don't have an advantage to spamming, they're just waiting for it to fall down and then it'll hit some fair price and it just oscillates around the fair price.Austin Federa (14:57):You mentioned a few things there where it sounds like projects have to do a bit of estimation around what they expect to see. What are the either software or just like human tools that someone should be looking at when they're trying to figure out where do they start with dynamic pricing?Noah Prince (15:13):Yeah. I mean, I think to a lot of degrees this is similar to right now people are just deciding a fixed price for their mint which is even more dangerous. You have no idea if it's going to sell out for that fixed-price or not. If you're a really hyped project, it probably will as long as you set it less than 10 SOL. But there's also a stigma, right? SolBears came out and set it to 10 SOL and people got pretty mad about it. So I think for most projects, this range of I mean, it depends what SOL's current prices, but right? This range of 1 to 5 SOL is generally reasonable. If you get really far off on the price, it can go above the starting price but we haven't seen that happen in practice. Usually, projects have a pretty good idea of what they're going to sell for or at least like a ballpark. They don't know exactly but they know a range.Austin Federa (16:05):Yeah, just because this was one of the first prominent uses of the Fair Launch Protocol where the community of degenerate Trash Panda Minters banded together and actually crashed the price. They all basically colluded against the project owners to mint at 0.1 SOL when the pre-mint tokens had been trading at 3 or 4 SOL on the exchanges and obviously, the price has gone up from there, but it's a very interesting dynamic when you give the community the tools to set their own pricing, you do open yourself up to a certain amount of collusion which I think is fascinating. No one would've thought that in a free market open system you'd be able to get a bunch of degens who are trying to optimize for the most value they can create to all band together and try and basically drive down the mint price of an NFT.Noah Prince (16:52):They also got to change their vote in the second half which made it a little less risky to bid small.Austin Federa (16:57):Yes. That's true. So that sort of one-tiered system is part of the dynamics here that you think make it more robust to get something like that.Noah Prince (17:06):Oh yeah. I mean, so we've done a couple of mints with it now and every single time in the Discords I actually hope that someone proves me wrong because it would be kind of interesting from a psychology perspective. But usually, there's a band of people in the Discord that are like, "Nobody buy. Nobody buy. We're going to let the price fall really low, like the bid small." But because it's so real-time, what ends up happening is it hits a number that's really, really good and it's just like a prisoner's dilemma. A few people defect and then everybody sees that a few people defect and all of a sudden the faction that was trying to hold back and not buy everyone starts buying and the price starts ripping because it's the lowest price that they're going to see.Austin Federa (17:47):Yep. Totally. It's really interesting the way those dynamics play out.Noah Prince (17:51):Yeah. Honestly, if your project gets hit by this and the people actually manage to do a prisoner's dilemma experiment where nobody defects, you have an amazing community, I don't even know that you need the money. Your community is incredible.Austin Federa (18:04):Yeah. It's worth noting that for the more successful projects out there, they have made many multiples of the initial mint revenue on secondary sale royalties. So it's kind of this interesting dynamic where you really want to bring the strongest community possible into an NFT project but the same time you need to fund appropriately for whatever your medium-term goals are to make sure you can actually deliver on any roadmap you've sort of laid out as a project which is really interesting. So when we're looking at some of the underlying architecture here and how it interfaces with Metaplex, I know there's a whole bunch of work on Metaplex that's been rebuilding a lot of the way that some of these contracts work. There's a whole expansion of what's possible on Metaplex coming soon. Austin, how are you thinking about additional tooling like Strata and other types of partnerships that will make it easier for a lot of this work that's being done to actually be deployed and usable? So the difference between reference implementation engineering and actually production engineering.Austin Adams (19:06):I think on a case-by-case basis, we always look at where we can stay generic and composable meaning one contract calls into the Metaplex contracts and the Metaplex contracts stay as this secure core that we audit very frequently and we're taking care of all that nonsense for the community. But in other cases, we identify a piece of technology that's really good and the composable way of doing it doesn't give us the guarantees necessarily that we want. And so we look at a deeper level of integration. The recent gains in shipping velocity that Metaplex is getting are coming more from CICD and looking at ways to improve our software stability so we are not scared to ship.Austin Adams (20:00):And I think that's what Metaplex is moving into as we're stabilizing and as we're trying to remain the base infrastructure for NFTs as well as move into some exciting new landscapes. So with this specifically, we do have some big changes coming to canning machines soon. We have some big changes coming to optional changes for everyone coming soon, but this one here falls right in line with our anti-botting work. And so we're heavily invested in making this as deep of a integration as it needs to be and shipping it as soon as possible, as well as shipping it not just in the contract level, but shipping it in our UIs and CLIs that are coming out or are out.Austin Federa (20:44):Yeah. Interesting. So I'd actually love to dig in a little bit more on how you're thinking about multiple layers of contracts or interoperable contracts that all can, I guess, give optionality in terms of how someone wants to deploy something. What are those different components and how are you thinking about... So classically, every time you have a contract talk to another contract, you've created an attack vector. This is most of the hacks that you see across DeFi and on Solana and on other places in Solana are non-validated fields. There's some ability for someone to inject something into the contract at a point that someone thought wasn't injectable that ends up creating an outcome that's not desirable for the users of that protocol or that contract.Austin Federa (21:28):That's like a very standard attack vector. So not to go too far into the security of this because of course that's maybe a separate conversation, but when you're thinking about that sort of multiple contract architecture, talking back to one central contract, what are the types of things you are thinking about or the Metaplex protocol is really thinking about from an architecture standpoint to make that secure, stable, but also upgradeable and able to respond to the needs of the community quickly?Austin Adams (21:53):Yeah, that's a great question. So I do believe it does depend on what the contract does in a large part, but generically, when we think about Web 2.0 land, when we've all created public APIs that take in user input, we can think about those as if they're analogous to we're allowing someone to direct their digital plumbing pipe at our digital plumbing pipe to use the euphemism or the saying that we're just all digital plumbers. I think I like that. One of the ways that we approach this is just being extremely careful on validating the input and being very restrictive with what specific instructions and what specific things a transaction can do when calling into our contracts.Austin Adams (22:47):So for example, with Candy Machine, although it is not as composable as other programs may be, we restrict the specific programs that can call out to Candy Machine and we restrict what they can do. We look at the instruction data using the instructions this far. For those who are non-technical that just means we can inside of the instruction or inside of the program, we can look at the instructions that are coming in and we can validate the input that's coming in. But for other programs such as AuctionHouse, we actually have purpose-built it to be composed over. And the way that we handle that is by bringing all the things that we want to make sure always stay secure into the contract.Austin Adams (23:33):So the token account creation, the mint creation, for example, the transfers, all of those are in the core AuctionHouse transaction protocol, but we've created this other system of composability called Auctioneer where people can put their additional logic such as token gating, timed auctions, even dynamic priced auctions via Strata can be done at that layer. So like I've said in summary, it does depend on the contract for Candy Machine because it's such a target for bots. We are very restrictive but we hope to find additional ways to loosen those things to allow more contracts to compose over it while still getting more bot, anti-botting guarantees.Austin Federa (24:20):It's kind of an interesting question here. When you think about on most layer ones or layer twos, the implementation of an NFT is something that's sort of done, I guess you called it the L1 or L2 level at the protocol level, as opposed to at the application level. Metaplex is a little bit different in its architecture, right? The tokens that are built are fundamentally still SPL-compatible tokens. And they're built more like an application level. And by application, I mean, it's not hard coded into the base Solana code. It's actually running on top of it which is a little bit different of an architecture than you see on something like Ethereum. What are the both advantages and challenges that both of you have run into because of that difference in architecture?Noah Prince (25:05):Yeah. So I did a deep dive at one point on composability on Solana versus Eth. Fundamentally, the NFTs on Eth and even the tokens that are on Eth are just following an interface. So it looks a lot like interfaced extension. I'm going to get real deep in engineering if I don't be careful here.Austin Federa (25:23):No, no, no, let's do it. This is the back half of the podcast.Noah Prince (25:26):Cool. Okay. Yeah. So it looks a lot like interfaced extension and classical object-oriented programming. So you think Java is the big example of object-oriented programming. Now Solana actually ends up looking a lot more like functional programming where you've got these contract endpoints that are effectively functions that operate over some state and then output a state. And then the next function can take that state and do something with it. Now, a lot of people will tell you when they're learning functional programming coming from object-oriented programming, it's scarier at first. It's like chewing glass. It's a little bit more complicated, but there's a lot more that you can do with it. And so like my example of composability actually is the current state of the integration with Metaplex where you talk about how there are different security vulnerabilities with checks, but a token is the absolute interface between us and Metaplex and that's the only interface.Noah Prince (26:26):The single check is whether or not you have the token that allows you to mint this Candy Machine and we just output that token. So we are a function that takes in some SOL and outputs a token. They are a function that takes in a token and outputs an NFT. And actually, they don't have to know about each other at all. It's only the user interface that knows about it. So this is how we generally deal with composability on Solana and why I like this model a little bit better, but I am a little bit of a functional programming maxi, so …Austin Federa (26:57):Austin, what about you?Austin Adams (26:59):Yes. I believe that the Metaplex model for NFTs is actually quite brilliant. And I'll talk about the pros first and maybe the cons second. I believe one of the reasons for our enormous growth is because our contracts are like APIs. You don't need to deploy your own contract. You don't need to manage that. You don't need to have everything that can be known about your implementation done ahead of time and then deploy an immutable contract. You can iterate and fail and try again and do new things on top of our programs without having to, one, manage the security of the program. Two, without having to really be an expert. And I know that you don't have to be an expert to launch an Ethereum NFT series because there's some great tools. But I think that's one of the reasons people choose Solana. Devs choose Solana, creators choose Solana to run their NFT projects is because the Metaplex contracts were brilliantly designed as APIs whereas they could have been designed in an interface model.Austin Adams (28:07):Now the cons of that are the Metaplex development team now needs to look at backward compatibility every single day. Any change that we make we have to micromanage that aspect all the time because we don't want to break anybody's use of the system. And through our DAO we need to ensure that what we're doing is reflective of what the community wants. So another con would be that some people see it as less decentralized, but in reality, because it's a community project, it doesn't seem so decentralized when you can build right on top of it and do whatever you need to because we try to keep the protocol light and do less things. I see that we can move into both areas. We can produce an interface-like system while getting these contracts as API feel. And I think that's some of the backbone of some things that you'll see coming out of Metaplex soon.Austin Federa (29:07):So when you think about something like backwards compatibility, what does Metaplex see as its sort of role and responsibility there, right? So famously for a number of years, Android had like seven different versions of the Android API that Google had to support because folks just would not update their apps. And Windows still has backwards compatibility with stuff that was probably about when most of us were born. What are you guys thinking about when you look at that sort of backwards compatibility and how long or what kind of functionality needs to persist for X amount of time?Austin Adams (29:44):So what we try to do is never break you unless it's security-related. If it's security-related, we fix it as soon as we can and we announce as quickly and as widely as we can. That hasn't happened very often and currently, we think that... We kind of take the semantic versioning approach where we will give you a long amount of time. Now we don't have a rigorous set amount of time yet. We're very new as a project if you think about it, but we will always provide you a new instruction and deprecate the old instruction and it works perfectly fine for a long time. And it's very rare. In fact, it's only happened once where we will remove old instructions. Part of that is looking at our contracts as APIs. And when you look at microservice patterns because that's how we think about them kind of is our contracts are microservices.Austin Adams (30:43):Look at the traffic of your instruction. If you're seeing it the traffic go down, people have moved to the other one, you're in safe territory to start announcing that, "Hey, we're going to start moving on from this specific instruction." But if you see it holding steady, that's a good signal from your community that that thing still needs to live or you need to educate and do more work. And that's how we'd like to see it. I think in the future, we'll see probably more rigorous guidelines around how long we're going to keep things out. But right now it's we'd be nothing without the people using it. So they're our top priority when we're shipping new things, we don't want to break anyone.Noah Prince (31:22):Yeah. I think at least how we've been approaching it with Strata is that I am very, very bearish on the idea that I'm never going to have to change anything. And so actually every one of our smart contract endpoints, every one of our arguments, every one of our piece of state has a V0 next to it. Some of them actually have a V1 already. And then in SDK land, so like in JavaScript, we wrap these calls with things that don't include V0 and we wrap them in interfaces such that if we ever have to change anything, we just bump it to V1 at the protocol level, change the interfaces, leave the V0 endpoints around for a while and then like Austin said, watch the traffic and then slowly deprecate them. But yeah, I mean, I think you kind of have to accept that these things are living, breathing things and like most APIs, you just have to version them. Now, a lot of people who don't have V0 next to their things, don't worry, you can put V1 next to anything.Austin Adams (32:19):It's okay.Noah Prince (32:19):And V0 is just the lack of a tag. It's okay.Austin Federa (32:22):So all of this depends of course, on creators and people launching NFT projects actually adopting and using the dynamic pricing tools. What's your pitch for why someone who's launching an NFT project should do it this way as opposed to doing it the way that's currently done.Noah Prince (32:37):Yeah. So one of the big things, I mean, even if you watch Frank, he is talking all the time about how he wants people who are long-term his project. He doesn't want paper hands. He doesn't want flippers, right? So right off the gate, you've got to acknowledge that having people that are just buying the project to flip it immediately aren't really good for your project long term anyway. I mean, if you were going to overprice your fixed price mint, you just weren't going to sell out. And so this will help you sell out which is ideally what you want, right?Noah Prince (33:09):Because you're picking the quantity of the mint so that you have a certain size of community. Now, if you had underpriced your fixed price meant, this actually means that you're going to get more funding to do what you want to do, right? And that's what matters is that you can actually execute on your roadmap. Now it's not like that price discovery isn't happening, right? It is still happening. If you price your mint at 2 SOL and the NFT is actually worth 10 SOL, it just drives up to 10 SOL on the secondary. But you know who makes that money? People who are flipping it and don't care about the project. So I would rather have that money go to the team than people who are flipping it any day of the week.Austin Federa (33:49):I'd love to hear from the Metaplex side what the pitch is to use it that isn't just it doesn't break the network.Austin Adams (33:55):Then I get nothing.Austin Federa (33:56):Because this is the thing is like one of the things about crypto is we have to assume everyone is a evil self-interested actor at all times who cares primarily about what they're trying to accomplish from a financial standpoint and isn't a altruistic actor trying to make the world's best-decentralized computing environment possible or else all of the assumptions of how blockchain works start to break down. So I think that's one of those questions that if either of you have something addressing that sort of side of things and-Austin Adams (34:25):Yeah, totally. I'll go with Metaplex's side of why I use dynamic price mint. So from the Metaplex side, we realize that Candy Machine has been botted so badly and we want to increase fairness for the collectors, creators, and the community. Just like Noah said earlier, we want to incentivize long-term holders, people to be a part of the project because NFTs are showing us they're more about community than they are really like a financial mechanism. They are a financial mechanism, but they've exposed this incredible new, psychological phenomenon.Austin Adams (35:01):For collectors, we've seen click farms, and bots, and extensions, not even if it hurts the network, but just hurting the experience. So one way that dynamic price mint helps is by making these click farms and botters, I mean, have to think twice, have to actually do some calculation, and have to do it in a fast and real-time manner. So this helps them be able to take part in the project even if they didn't get into the discords or other things like that at the right time, it's also going to help us move past this whole allow list trend in the community where you have to do all these specific things to get a spot and then you get a spot and you get a chance to mint, but then you don't actually get to mint. And so, hopefully, this makes the work that's required just being a part of the community and having the desire and the funds to mint.Noah Prince (36:01):Well said.Austin Federa (36:01):Awesome. Well, I think that does it for today. Thank you both for joining us to talk about this new launch of a Stratus support for dynamic pricing on Metaplex and creating new tools for creators to be able to actually implement this. If folks want to read more about it or want to consider using this for their next drop, where should they go to find more information?Noah Prince (36:22):Yeah. So for now it's actually, if you go to app.strataprotocol.com and you have a Candy Machine ID, you can launch one directly right there. We also have on docs.strataprotocol.com. We have extensive documentation on how to set up one of these dynamic pricing mints and a YouTube video on how to do one and even do one with a white list. In the future, we hope that this is directly on Metaplex's documentation and kind of more built as a first-class citizen into the Candy Machine and Metaplex's new UIs such that you don't need to be bouncing around from Strata to Metaplex. It's just there for you.Austin Adams (36:59):Yeah. 100% stay tuned on the Metaplex Docs and on our blog, Twitter, radio station. Oh wait, we don't have a radio station.Noah Prince (37:08):Yet.Austin Adams (37:09):Yet.Austin Federa (37:09):Great. Well, thank you both for joining us today.Austin Adams (37:13):Thank you, Austin.Noah Prince (37:14):Thanks for having us.
Welcome back, this week Lucas and Anita discuss investor drama facing blockchain startups during the market crash and the major piece of crypto legislation that just went live on the US Senate floor.In their interview this week, Anita and Lucas chat with Sriram Krishnan. Krishnan is a general partner at Andreessen Horowitz (a16z), which he joined after a trifecta of senior roles at Twitter, Facebook and Snap. Krishnan recently joined the crypto team at a16z, which recently debuted a new $4.5 billion crypto mega fund. We chatted about crypto controversy and opportunities in web3 social with Krishnan. Our interview was edited for length and clarity.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/06/08/proposed-bipartisan-us-crypto-bill-could-be-sigh-of-relief-for-the-industry/https://techcrunch.com/2022/05/25/amid-crypto-downturn-a16z-debuts-4-5-billion-web3-mega-fund/https://twitter.com/levie/status/1531498735137476608
In this episode, Brileigh and Matthew sit down with the co-founders of Moon DAO, Pablo and Kori. Moon DAO is a worldwide collective of people united by the mission of decentralizing access to space research and exploration. We learn about the history of Moon DAO, the importance of making space research and exploration decentralized, and their ticket to space NFT, which is a free mint contest for anyone to win a chance to go to space on Blue Origin this year 2022. Chapters: 00:01:01 Kori's background 00:02:03 Pablo's background 00:07:04 What is Moon DAO 00:01:28 Origin story of Moon DAO 00:15:55 The innate desire for humans to explore space 00:18:05 First phase of Moon DAO & finding Juicebox 00:21:59 Token distribution and importance of making Moon DAO equitable 00:25:33 Ticket to space NFT drop 00:31:54 Choosing Blue Origin over other spaceflight services 00:35:33 What is the message Moon DAO of sending someone to space? 00:38:19 Moon DAO space research and exploration plans 00:41:25 Reflections on Constitution DAO and Moon DAO's approach to governance 00:45:56 Challenges of DAO structure 00:48:29 Contributing at Moon DAO 00:52:38 Open Lunar and governance of the Moon 00:55:57 Moon DAO working alongside governments and private organizations 00:59:19 Decision to be doxxed co-founders 01:04:17 Value of being a “headless” organization 01:08:36 How to get involved with Moon DAO Topics discussed: Moon DAO Juicebox Blue Origin Constitution DAO Follow Moon DAO on Twitter: @OfficialMoonDao Follow Kori on Twitter @korirogers Follow Pablo on Twitter @LarrotizPablo Follow Juicebox on Twitter: @juiceboxETH Juicebox Protocol's website: juicebox.money Follow Matthew on Twitter: @0xmatthewb Follow Brileigh on Twitter: @0xbrileigh Credits: Hosts: Matthew Brooks and Brileigh Hardcastle Production: Matthew Brooks and Brileigh Hardcastle Engineering: Matthew Brooks Music: Romariogrande
This week, Souhail talks to Alice Ma from Mad Realities about her story and previous experience with the Female Founder Track. Alice Ma is a Co-Founder of Mad Realities, a crypto based media company aiming to bring interactivity and innovation to media and content consumption. Alice previously co-founded Archer, a social venture making data more accessible. She also played an instrumental rise in helping launch ConstitutionDAO, a decentralized autonomous organization that aimed to raised money to buy the U.S Constitution, but ultimately came short. -- For more information on the Female Founder Track, check out https://linktr.ee/dormroomfund
Today, we check back in on the ConstitutionDAO situation we covered last season to see how the dust has settled with its investors, and look at how DAO's work within the framework of cryptocurrency. You can listen to our previous episode on ConstitutionDAO here. *** This episode is brought to you by: AMS: Visit ams-insights.com/rocketshipfm to start accelerating innovation in your business. Carnegie Mellon MIIPS Program: Learn more about how your ideas could change the world at https://www.cmu.edu/iii/degrees/miips Produx Labs: New students can use the code ROCKET at checkout to enroll in Product Institute Foundations for just $999. That's a $200 savings! Magic Mind: Go to MagicMind.co/ROCKETSHIP and use code ROCKET for 20% off your first order Compiler: Listen to Compiler in your favorite podcast player. Justworks: Find out how Justworks can help your business by going to justworks.com *** This show is a part of the Podglomerate network, a company that produces, distributes, and monetizes podcasts. We encourage you to visit the website and sign up for our newsletter for more information about our shows, launches, and events. For more information on how The Podglomerate treats data, please see our Privacy Policy. Since you're listening to Rocketship, we'd like to suggest you also try other Podglomerate shows surrounding entrepreneurship, business, and careers like Creative Elements and Freelance to Founder. Learn more about your ad choices. Visit megaphone.fm/adchoices
Contact Us:nocodenoproblem@gmail.comnocodepodcast.coSponsor:https://www.yourvone.comBildr.comAs mentioned:https://twitter.com/IttaiSvidlerhttps://www.onchainden.com/https://sheetfighter.io/
Welcome to season two, episode one of the Seed Club podcast. In this episode, Jess Sloss sits down with Mike Dudas, Instigator, and creator at LinksDAO, a DAO aiming to buy and operate a golf course. We learn about the Links DAO origin story and, how they operate given the regulatory grey market of NFTs that have utility, why we need more DAOs rather than DAO tooling. And what DAOs need to break through to the next level.
Venture Node Twitter: https://twitter.com/venture_nodeDAOLens: https://www.daolens.com/DAOLens Twitter: https://twitter.com/DaoLensDAOLens founder Yashvardhan Chauhan joins us to talk about how DAOLens is tackling the DAO onboarding process and the importance of DAOs in web3. Business structures have historically been extremely stagnant and DAOs have the potential to disrupt that. However, currently many DAOs only adopt the technology to increase their valuation without giving much care to onboard community talent. DAOs are still at an extremely early stage and are ready to be innovated upon.Timestamps:0:00 Introductions3:10 What are the present day issues with DAOs12:00 How DAOs improve upon traditional business structures17:42 DAO contributor job security 24:18 How DAOs can create value27:58 Constitution DAO and successful DAO onboarding34:55 Conclusion and advice for founders__Venture Node: https://venturenode.xyz/Adrien: https://twitter.com/adrien_navMichael: https://twitter.com/MichaelRay90ShineDAO Incubator: https://shinedao.finance/Disclaimer:Opinions presented in this video are not financial advice.
In this episode of Cut To The Crypto, we're talking to Gian Volpicelli, Senior Writer at WIRED, where he covers topics like cryptocurrency, decentralization, politics, and tech regulation — making him a perfect fit for the podcast. Today we're asking the question, “What is the promise of DAOs within politics and governance?”Gian talks about how DAOs work — what they are, how they're organized, and the technology behind them. We discuss two famous DAOs, the Constitution DAO and the recent Ukrainian fundraising DAO.We talk about whether DAOs can ever replace traditional systems of government and organization, as well as things like charities and crowdfunding. Gian also shares what he thinks could be some unintended consequences of DAOs to watch out for. Finally, we chat about whether DAOs could bring more people into politics by lowering barriers to entry.
A story about a strange auction for perhaps the most valuable piece of paper in America. (Listen to introduction episode before this one, if you haven't! Also for notes & further reading on this episode, check out my newsletter at pjvogt.com).
After graduating from the United States Naval Academy and serving in the US Marine Corps, Chris Perkins started his finance career at Lehman Brothers and eventually became a managing director at Citi, where he was Global Co-Head, Futures, Clearing and FX Prime Brokerage. Then, in the second half of last year, Chris left Citi to become President and Managing Partner at CoinFund.In this wide-ranging interview, Chris talks about his career pivot and the exciting promise of Web3, including how new advancements like decentralized autonomous organizations (DAOs) can reshape industries beyond finance. He also offers advice for other finance executives pondering similar career changes and also details the work he is doing to help military veterans transition into careers in digital assets.DAOs: What the ESG movement can learn from blockchain governanceCitadel's Ken Griffin outbids ConstitutionDAO for the US Constitution Veterans in Digital Assets -- Twitter -- PodcastChris Perkins helps lead Veterans on Wall Street - VOWSSign up for Modern Money SmartBriefFollow this show on Twitter @ModernMoneyPod
A Decentralized Autonomous Organization (DAO) is a community-governed entity with no central authority. Imagine a corporation — made up of a network of individuals with a common interest — where the governance rules and decision-making are executed by software programs and the community shares a bank account funded with cryptocurrency for the purpose of fulfilling their shared vision. We have seen DAOs form to bid on an original copy of the U.S. Constitution, to buy an NBA team, and to facilitate financial services. In this month's TRM Talk, we're joined by leading experts to unpack the Tao of a DAO: Aaron Wright, Professor at Cardozo School of Law and co-founder and CEO of Tribute Labs; Graham Novak, Partner at 28th Street Ventures who launched ConstitutionDAO; and Patrick South, Director of Business Development at TRM Labs. Tune in to learn: What a DAO is and how they are operating today How DAOs are thinking about compliance and security How other businesses can engage with or invest in DAOs; can you "Know-Your-DAO"? The outlook for DAO-related disruption This podcast is hosted by TRM Labs, a blockchain analytics company. We work with crypto businesses, financial institutions and government agencies to monitor, detect and investigate fraud and financial crime in crypto. Learn more about our mission to build a safer financial system for billions of people here: https://www.trmlabs.com/about
Episode #11 of "Can I get that software in blue?", a podcast by and for people engaged in technology sales. If you are in the technology presales, solution architecture, sales, support or professional services career paths then this show is for you! Your hosts Steve Mayzak and Chad Tindel are joined by Forrest Colyer, an AWS Blockchain Specialist SA and outright expert in all things crypto and web3. We're also joined by our first bestie guestie host Rhett Garber, a strong engineer leader with experience managing developer teams at Yelp, Postmates, and GitHub all of which had successful IPOs or acquisition exits. Today we're having a conversation about what Web3 really means and what are all the pieces of it that exist today that you can use to start building one of these new decentralized applications. Contact us on Twitter or LinkedIn to suggest companies or tech news articles worthy of the podcast! Our website: https://softwareinblue.com Twitter: https://twitter.com/softwareinblue LinkedIn: https://www.linkedin.com/showcase/softwareinblue Make sure to subscribe or follow us to get notified about our upcoming episodes: Youtube: https://www.youtube.com/channel/UC8qfPUKO_rPmtvuB4nV87rg Apple Podcasts: https://podcasts.apple.com/us/podcast/can-i-get-that-software-in-blue/id1561899125 Spotify: https://open.spotify.com/show/25r9ckggqIv6rGU8ca0WP2 Stitcher: https://www.stitcher.com/podcast/can-i-get-that-software-in-blue Links mentioned in the episode: https://web3.foundation https://www.theverge.com/2021/3/11/22325054/beeple-christies-nft-sale-cost-everydays-69-million https://www.bbc.com/news/technology-59568929 https://www.theverge.com/2021/11/24/22801332/nfl-all-day-nft-sports-top-shot-collectible-dapper-labs https://www.winespectator.com/articles/robert-mondavi-goes-nft-with-bernardaud-bottles Constitution DAO: https://www.forbes.com/sites/abrambrown/2021/12/01/crypto-tokens-people-constitution-dao-ether-redeem-refund/ This Week in Startups DAO Deepdive: https://thisweekinstartups.com/breaking-down-rivians-ipo-and-100b-valuation-dao-deep-dive-with-openlaws-aaron-wright-e1324/ Out of the Ether: https://www.amazon.com/Out-Ether-Amazing-Ethereum-Destroyed/dp/1119602939 https://www.theverge.com/2021/12/21/22848162/jack-dorsey-web3-criticism-a16z-ownership-venture-capital-twitter
A recent US$40 million-plus bid for a rare copy of the U.S. Constitution by 17,437 virtual strangers may have failed to win the prized historical document, but it thrust the decentralized autonomous organization that united them into the spotlight. ConstitutionDAO's audacious campaign, which raised the money for its auction bid within a week, catapulted not only itself but also the entire DAO phenomenon into the public consciousness. A DAO is like a virtual flash mob — a leaderless group of like-minded people working together toward a common interest. Governance is achieved through the use of smart contracts and votes among members who use tokens instead of ballot papers. If this novel fusion of a leaderless organizational structure with decentralized technology can work to get auction bids up and running, who's to say it can't be applied in the finance arena? Not Marcello Mari, the CEO of SingularityDAO — which is using SingularityNET's artificial intelligence technology to handle the complex tasks of data processing and crypto asset management in decentralized finance. “Imagine an AI that can do price prediction for you, analyze the different market trends, and make suggestions for you on your crypto investments,” Mari told Forkast.News in a video interview. “People can just invest in this basket of tokens in these portfolios, and then the AI will do everything else for them.Yet even in an organizational structure that appears as democratized as a DAOs, the issue of power concentration persists: the democratic principle of “one person, one vote” is critically compromised by the fact that those who hold large proportions of issued tokens command a commensurately large share of votes. “My vision is to have DAOs that are actually managed by artificial intelligence delegates,” Mari said. “What we want to see in the future is AIs that are able to make decisions based on the community vote.”Despite this decentralized ideal, Mari's position as a DAO chief remains a contradiction in terms. So SingularityDAO has its sights set on complete decentralization over the next five years to phase the leadership role out as its users become accustomed to its artificial design. “If this happens in five years' time, I'm done. I'm out. I don't need to be the CEO of the DAO anymore,” Mari said. Watch Mari's full interview with Forkast.News Editor-in-Chief Angie Lau to learn more about how DAOs work, how AI will shape DAOs and DeFi and where ConstitutionDAO went wrong.
With Bitcoin, it feels like a lot of the early adoption around that was as a counter to what was happening in the United States economically with the financial crash and fiat currency being used by the government to prop certain people up and not others. And I think when people are struck with a real sense of unfairness, they start to get motivated to take action --- Mike SHOW NOTES 02:54 - Introduction and how the invisible hand of the market guided my IPO 06:02 - Bitcoin and the unfairness of capitalism 08:03 - The chaos of the early internet brought people together 13:01 - Are we not going to teach people philosophy? 17:05 - NFTs are certificates of authenticity for an idea 22:35 - DAOs are online Co-ops 27:00 - Growing up in a town of population 10 30:16 - Experiencing community after a decade of isolation 33:00 - Deconstructing the military machine 37:31 - Oregon, counter-culture and small businesses vs Walmart 41:49 - Plato and sandwich 43:43 - Daily routine 46:08 - Leveraging the wisdom of the crowds 49:38 - How to operate in the fringes of technology ------------------------------------------------------------- You can connect with Mike here (https://www.mike-merrill.com/) My DMs are open for conversations (https://twitter.com/AbhishekLpd) --- Send in a voice message: https://podcasters.spotify.com/pod/show/intellectual-software/message
Hello friends,As we hunker down for another pandemic winter, we're closing out 2021—and the second season of this podcast—with an episode that feels like the perfect opportunity to reflect back on the year's crypto-infused zeitgeist.Back in September, Sotheby's announced it was auctioning off one of 13 surviving original copies of the U.S. constitution. Given the rarity and historic significance of the document, it wasn't surprising that it would make some headlines. But the news was quickly overshadowed by the revelation that 17,000 people on the internet were teaming up to bid on it. They did this through forming something called a DAO, or Decentralized Autonomous Organization—basically, a kind of non-hierarchical, self-governing community that uses blockchain technology to fundraise, coordinate, and make decisions. The operation, which came together in just a few weeks, was not particularly well thought out. Given the document's racist legacy, a lot of people understandably found it pretty offensive that the group had chosen to rally around the Constitution at all. The energy costs associated with the crowdfund (and eventual refund) were enormous, with many small-dollar donors seeing their entire contribution wiped out by Ethereum gas fees—and there were a few too many references to the Nicholas Cage movie National Treasure for our comfort. After collectively raising more than 40 million dollars, ConstitutionDAO almost succeeded in its goal, though they lost out to a hedge fund owner and Republican donor named Ken Griffin. Even with all the project's baggage, it was pretty exciting to watch the auction itself go down. For one thing, there was the GameStop-era thrill of seeing a wave of pseudonymous avatars descend on the Sotheby's live chat with exhortations of “GM.” It was though these people were staking a claim for blockchain-enabled community organizing as a tool that could be used to build a world with new rules, by purchasing the rules of the old one—or at least, that's how friends-of-the-pod Drew Millard and Kevin Munger, who you may remember from last season, described it in a recent essay called “Imperfect Union: How ConstitutionDAO Lost Its Way.” Writing for Friends with Benefits—another decentralized autonomous organization that happens to count Emilie as a member of its editorial team—Drew and Kevin set out to examine how ConstitutionDAO happened, where it went wrong, and why, despite bringing so many people together and raising such a jaw-dropping amount of money, it was never really able to transcend its status as a meme. We brought them back on the show to discuss why the whole saga feels so emblematic of the post-Biden zeitgeist and some of the hard lessons we learned this year about financial flash mobs and networked protest movements. We also talk about whether it feels accurate to describe the NFT and meme-stonk delirium of current moment, as some pundits have done, as the new “Roaring Twenties.”We hope you enjoy the show, and we appreciate you tagging along with us this year. We've got some exciting stuff in store for 2022, so stay close. In the meantime, we're super curious to know if there's anything you might be interested in hearing us tackle in the future. Just leave us a comment below, or reply to this email. Onwards!Yours,Emilie and AndreaDrew Millard is a freelance writer whose work has appeared in Gawker, The Nation, and The New York Times Magazine. He is currently working on a book about golf, due out in Spring 2021 on Abrams press. Read more by Drew“Welcome to the new roaring twenties” “Please, help me justify my millennial nostalgia”“Travis Barker is a musical cockroach”Follow Drew on TwitterKevin Munger is an assistant professor of political science and social data analytics at Penn State University and a founding co-editor of the Journal of Quantitative Description: Digital Media. His book, Generation Gap: Why Baby Boomers Still Dominate American Politics and Culture, is available for pre-order here.Read more by Kevin“Facebook is other people” “The rise and fall of the Palo Alto consensus” Follow Kevin on Twitter This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit theculturejournalist.substack.com/subscribe
Today on the Fortune Teller podcast we have a very special guest, Robbie Heeger, Co-Founder & CEO of Endaoment. Before we begin, we have a special announcement: “Just yesterday, a group of teens announced they'd be working with Endaoment, the first fully on-chain 501(c)(3), to launch the first-ever DAO-based toy drive, elfDAO. 16-year-old Byeongjun Moon established elfDAO alongside teenage friends and advisors from ConstitutionDAO with the goal of raising $1 million before the end of December to support toy drives across the United States. Donors who contribute to elfDAO will receive a unique holiday NFT created by 15-year-old elfDAO member, Nicolas Gatien. In addition to an NFT, donors will receive $GIFT governance tokens proportional to the size of their donation, allowing them to vote for which toy drives they'd like to see receive grants from elfDAO. Based on the community's vote, the donations will be distributed to recipient organizations via Endaoment.” The Endaoment's Donor-Advised-Funds and Community Field-of-Interest Funds are powered entirely by smart contracts, facilitated on the Ethereum blockchain. Together with our easy-to-use donation and grant making application, we're making a new kind of community foundation, with values and functionality aligned for the crypto industry. We seek to include people from varied backgrounds, beliefs, and positions. We create systems to encourage philanthropy and heightened involvement between grant recipients and donors. We ask for and seek to realize the goals of those who are within and without our community. We focus on transitioning donated dollars from donors to nonprofit organizations with a minimal of fees and overhead. We learn from and with our partners to accomplish substantive results. We leverage crypto-native ways to cooperate and compound our abilities to do good in the world as a whole. Endaoment.Tech, our sister software development firm, focuses on making compliant protocols for on-chain institutions. Endaoment has built our application and on-chain contracts from the ground up with decentralized software, services, and design practices in mind. With the combined efforts of Endaoment and Endaoment.Tech, we are delivering a composable, compliant, and tax-efficient services to the people. We make on-chain giving easy, by providing the option to use our application, or over the counter, for our community. Using Endaoment you can donate cryptocurrencies in their original token form, on-chain. This creates several benefits: 1) The granted amount is equal to the present market value of the donation (i.e., there is no tax on the sale). 2) The potential tax deduction is equal to the market value of the donation. 3) All actions occur on-chain and are publicly verifiable using a blockchain explorer like Etherscan. For more information visit: https://app.endaoment.org https://facebook.com/endaomentdotorg https://twitter.com/endaomentdotorg https://linkedin.com/company/endaoment -- The Fortune Teller podcast is a discussion between industry leaders in blockchain and financial technologies. The podcast focuses on the development of blockchain-based financial services and outlines the current state of the industry and future predictions for the adoption of decentralized finance. Go to www.teller.finance/
Julie is joined by Nicole Ruiz & Anisha Sunkerneni of ConstitutionDAO (Decentralized Autonomous Organization) to discuss:The Origin Story Of ConstitutionDAO (1:10)Their Reflection On The DAO Experience (5:47)The Structure Of ConstitutionDAO (8:01)The Week Leading Up To The Auction (13:00)What They Would Have Done Differently (17:45)The Future Of DAOs (24:24)Shutting Down ConstitutionDAO (29:46)New episodes every Monday and Thursday!For daily updates on the fintech space sent right to your email, subscribe to the FTT newsletter HERE.For weekly updates on the cryptocurrency and DeFi space, subscribe to the Crypto Tonight newsletter HERE.For a more in-depth breakdown and analysis of the fintech space, subscribe to the premium newsletter, FTT+, HERE.Follow us on Twitter:FTT - @fintechtoday_Julie - @julieverhage[Theme Song Credit]
On this week's CoinMarketRecap with Connor Sephton, all the latest headlines as Bitcoin's correction continues for a second week — with bulls struggling to break through $60,000. Molly Jane Zuckerman also joins us to discuss the rest of this week's news — including El Salvador's plans to build Bitcoin City, ConstitutionDAO's crisis, and the sad death of Mr Goxx, the crypto trading hamster. Plus, we're joined by Isaiah Jackson, the author of Bitcoin and Black America. He tells us how cryptocurrencies are offering a powerful alternative after decades of racial bias in the banking system. You can find us on Twitter — @ConnorSephton and @CoinMarketCap.
The Token Metrics' team talks crypto, technology, and more in their weekly podcast Engine Room. Note: Audio versions of the Engine Room get published on tokenmetrics.com/podcast first before YouTube. Sign up for Token Metrics at https://tokenmetrics.com Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies. Like the podcast to let us know you like the content!
On this bonus episode of New Kids on the Bloq, we dive deeper into the topics of DAO's and we discuss the timeline of events that occurred with the Constitution DAO.Yidu waxes lyrical about the beauty of the organization and its efforts to rise like a pheonix through failure to become something bigger. Come get inspired!Happy Thanksgiving to all the NKOTB Fam!
The Token Metrics' team talks crypto, technology, and more in their weekly podcast Engine Room. Note: Audio versions of the Engine Room get published on tokenmetrics.com/podcast first before YouTube. Sign up for Token Metrics at https://tokenmetrics.com Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies. Like the podcast to let us know you like the content!
The legendary tech analyst and general deep-thinker @benedictevans comes on to discuss this essay about the state of the Metaverse right now. Then, several members of the ConstitutionDAO team come on to tell us the behind the scenes of all that historic event at Sotheby's all went down last week. Featuring: @sadlyoddisfying, @youfoundanisha, @julianweisser, @RobbieHeeger, @ciaomack, @kyle_billingsSponsors:FindYourFidelity.comARM Viewpoints PodcastVPLS.com/goitSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
15,000! people pooled crypto into ConstitutionDAO in an effort to win a first-edition copy of the Constitution auctioned at Sotheby's last week! While the headlines talked about using crypto to buy the Constitution and the drama of the bidding war, the real story to Ari the Data Queen was the bizarre nature of “crypto coops” and the power of smart contracts! Can we solve poverty with blockchain IDs, smart property rights, and smart trade?
Welcome to Brews and Blockchain where we talk about the latest news in the crypto space as we kick back some brews. In the week's episode, we discuss the ConstitutionDAO, metaverse news from the Winklevoss twins, and we give some thoughts on the current bitcoin cycle. The Brew of the Day: https://foundersbrewing.com/our-beer/all-day-ipa/ Article On Constitution DAO: https://hypebeast.com/2021/11/crypto-collectors-constituion-dao-sothebys-bid-lost What is a DAO: https://www.investopedia.com/tech/what-dao/ Winklevoss Twins and Metaverse: https://www.businessinsider.co.za/gemini-crypto-millions-funding-metaverse-winklevoss-meta-zuckerberg-2021-11 Plan B Price Prediction (Original Tweet): https://twitter.com/100trillionusd/status/1406577006230245376?lang=en Plan B Price Prediction (Update Tweet): https://twitter.com/100trillionUSD/status/1456741682272260098 ======================================== *** The Crypto Masters Website *** ======================================== * Coin prices and charts * Profit Calculators * Podcast Episodes ======================================== thecryptomasters.com ---------------------------------------- Socials and Contact *** ---------------------------------------- Socials: facebook: @TheCryptocurrencyMasters twitter: @theCryptoMS1 instagram: @the_crypto_masters Contact: email: info@thecryptomasters.com Attributions: Intro/Outro Music: https://soundcloud.com/swamigeezy Intro/Outro Visuals: https://www.instagram.com/danimal_sound/
Crypto talk continues in the news — Skippy and Doogles talk Crypto.com buying the naming rights for the Staples Center, ConstitutionDAO's bid to buy a copy of the constitution, and Florida Man claiming to be Satoshi, the creator of Bitcoin. Then Skippy recaps parts of a recent podcast interview with Arnold Van Den Berg where he talks the commodities supercycle and the psychological fortitude of value investors. Skippy gives a decade by decade drawdown quiz, and Doogles gets a B+ on his responses. Doogles talks the bubble in the venture capital / startup space, highlighting a recent Fred Wilson blog post on avc.com called "Seed Rounds at $100mm Post Money." The episode wraps with Doogles giving Skippy two international knowledge quizzes (one on GDP and one on historical all-time returns for different countries), and Skippy going on a rant about Green Bay Packers "financing."
The Sunday:Drip Society boys (Kallaway and Roman) break down:Constitution DAO (down trying and failing to buy the constitution)Krause House (DAO trying to buy an NBA team)The evolution of NFTs in AR vs VRBored Apes and the future of social statusMirror.xyz as a publishing platformOtis House (platform for tokenizing and providing custody services for digital assets)Staples Center renamed to Crypto.com CenterTo become a member of Sunday:Drip Society, check out sundaydripsociety.com.Follow us on Twitter (@sundaydrips, @kallawavy, @romanlecavalier)Legal Disclaimer: No information shared in NFTeasers is financial advice. All content is for entertainment and informational purposes only. Wavy Labs, LLC is not a registered investment, legal, or tax advisor or a broker/dealer.
Today we've got Victor Langois, a.k.a. FEWOCiOUS, on the podcast to talk about his success selling NFT art for over $20 million total by the age of 18. Then we're discussing Amazon Go meeting Starbucks in New York, Apple's fully autonomous cars, Macy's stock hitting a 3-year high, Sweetgreen's valuation doubling in their trading debut, Nike's jump into the metaverse, Winners, Losers, Content Recommendations, and more. Liquid I.V. powers your mornings, fuels long days at work, and provides a boost for those tough workouts. Grab your Energy Liquid I.V. nationwide at Walmart or you can get 25% off when you go to https://liquidiv.com/ and use code GROUPCHAT at checkout. DTC Dee's Nuts – Group Chat News 11.18.21 A Group Chat exclusive interview with Victor Langois, aka FEWOCiOUS. They discuss his early childhood, introduction to art, how quickly he elevated his skill level, and his success selling NFT art for over $20 million by the age of 18. [1:13] Amazon Go x Starbucks, will this partnership work? [27:10] Apple, let the secret out! [34:26] Ad Break. [40:33] Sweetgreen, what are you selling?! [42:03] Nike has entered the Metaverse. [45:43] Winners, Losers, and Content Recommendations. [57:25] Related Links/Products Mentioned Meet FEWOCiOUS, the Teenager Who Crashed Christie's Auction House Amazon Go meets Starbucks? Peek inside this new concept store in New York Apple Accelerates Work on Car Project, Aiming for Fully Autonomous Vehicle Macy's Stock Surges To 3-Year High After Q3 Earnings Beat, Outlook Boost Salad Chain Sweetgreen Doubles Valuation in Trading Debut Salad Chain Sweetgreen Raises $364 Million in Above-Range IPO Nike Jumps Into Metaverse With Virtual World on Roblox Platform Alzheimer's disease preventative nasal vaccine to be tested at Boston hospital Kanye West Hangs Out with Drake After Saying He Wants to Put Rappers' Feud 'to Rest' NFL reviewing allegation that Bucs' Antonio Brown acquired fake COVID-19 vaccine card Man shot near Young Dolph memorial as mourners gather to pay tribute to slain artist ConstitutionDAO's bold crypto bid for US Constitution falls short Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork Connect with FEWOCiOUS! Twitter: @Fewocious Website Connect with Group Chat! Watch The Pod #1 Newsletter In The World For The Gram Tweet With Us Exclusive Facebook Content
ConstitutionDAO lost the auction for the Constitution. But it was really about the friends we made along the way, right? More Apple Car rumors. Xbox and PlayStation have harsh words for Activision Blizzard. Everyone wants in on crypto exchanges. And of course, the weekend longreads suggestions.Sponsors:Tovala.com/rideFindYourFidelity.comLinks:Crypto Investors Lose Out In $43.2 Million Sale Of Rare Copy Of U.S. Constitution (Forbes)Apple Accelerates Work on Car Project, Aiming for Fully Autonomous Vehicle (Bloomberg)Xbox Chief Says He's Evaluating Relationship With Activision (Bloomberg)Gemini Raises $400 Million To Build A Metaverse Outside Facebook's Walled Garden (Forbes)Weekend Longreads Suggestions:The most influential man on the internet (ReadMax)Visions of a U.S. Computer Chip Boom Have Cities Hustling (NYTimes)The Video Game History Book I MentionedGAMECUBE AT 20: NINTENDO INSIDERS ON THE FAILED CONSOLE THAT CHANGED THE INDUSTRY (Video Games Chronicle)How Xbox outgrew the console: inside Phil Spencer's multi-billion dollar gamble (GQ)Who Knows Anthony Bourdain? (Eater)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
On this episode, Chris Blec digs deep into the question "What is a DAO?" with John, Chris and Augusto of the DeFi-building DAO, DXdao. The conversation explores whether or not the term "DAO" should have a strict definition, what different forms a DAO can take, and explores the recent ConstitutionDAO phenomenon and whether it was good or bad for the decentralization movement. A great way to support this podcast! Watch the video version of this podcast along with other member-exclusive DeFi videos at https://chrisblec.com Learn more about DXdao at https://dxdao.eth.link. Follow DXdao on Twitter at https://twitter.com/DXdao_. Twitter links: John Kelleher - https://twitter.com/jpkcambridge Chris Powers - https://twitter.com/powers_chris Augusto L - https://twitter.com/augustolemble Chris Blec - https://twitter.com/chrisblec --- Send in a voice message: https://anchor.fm/proof-of-decentralization/message Support this podcast: https://anchor.fm/proof-of-decentralization/support
In the 19th episode of NFTs Live, TylerD recaps a bullish week for NFTs, highlights the first NFT blue chip index, Index Coop, then will talk about Constitution DAO, and then is joined by Logan Hitchcock to talk Lucky Trader and state of the NFT market. Breaking NFT insights, news, and market trends are the focus of this fast-paced show hosted by NFT traders TylerD, Sky Hook and Brett Richey. The hosts rotate through a series of running segments highlighting the most important insights in NFTs, bringing in a series of special guests (artists, DFS specialists, and more) for interviews and high-energy discussions exploring NFT investing theories and strategies. Get Live shows on Mayo Media Network YouTube Channel Follow NFTS Live on Twitter: https://twitter.com/live_nfts Sky Hook on Twitter: https://twitter.com/SkyHookDFS Tyler D on Twitter: https://twitter.com/Tyler_Did_It Brett Richey on Twitter: https://twitter.com/BrettRichey
Paytm has a rough IPO. Nvidia has another in a long line of crushed earnings reports. Grammarly is an interesting raise. Twitter wants to take the pulse of the stock market. And if ConstitutionDAO wins its auction today, there are some practical questions to answer like, who actually goes and picks it up?Sponsors:Tovala.com/rideDataiku.comLinks:Paytm falls 27% on first trading day after India's largest IPO (TechCrunch)Nvidia easily beats earnings expectations on strong gaming and data center sales (Yahoo!Finance)Grammarly raises $200M at a $13B valuation to make you an even better writer using AI (TechCrunch)AllTrails raises $150M after COVID accelerates people's interest in exploring the outdoors (TechCrunch)Nreal's $599 mixed reality glasses are launching in the US on Verizon (The Verge)Twitter partners with S&P 500 on stock index that crowdsources public opinion (CNET)Crypto Group's Bid for Constitution Faces Real-World Snags—Who Picks It Up? (WSJ)See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What started as a pie-in-the-sky dream last Thursday to form a DAO to bid on a copy of the Constitution has since become a full-on movement that's attracted nearly $4 million in donations. “ConstitutionDAO” insiders now believe they have a real chance at actually winning the forthcoming auction at Sotheby's. Canadian crypto miner Hive Blockchain reported record revenue of US$52.6 million in its fiscal second quarter, up 305% from the same period last year, according to a statement. The company said the increase in revenue was mainly due to a rise in cryptocurrency prices, the increased production of bitcoin as a result of Hive's purchase of Quebec and Atlantic facilities and the acquisition of miners for those facilities. The gross mining margin was 86% in the fiscal second quarter, compared to 71% in the same period last year. Cryptocurrency platform Voyager Digital is launching a USDC-linked debit card, which will pay up to 9% in annual rewards to its customers, the company said in a statement Tuesday. Voyager says additional features for its debit card will include no annual fees and lock-up of assets to earn rewards, while users can access their assets via ATMs. AMC Theatres will accept shiba inu (SHIB) as payment through BitPay wallets in 60-120 days, AMC CEO Adam Aron said on Tuesday. Aron said in a tweet Tuesday that at his suggestion BitPay will start accepting SHIB and AMC will be the first to use the service.
ConstitutionDAO /Spotify Adds Lyrics / Apple Self Service Repairs
For the first time in thirty-three years, one of eleven surviving copies of the Official Edition from the Constitutional Convention will be publicly auctioned by Sotheby's. It is the only copy that is still owned by private collectors. The proceeds from the auction will be given to a charity that has been established by the current owner. ConstitutionDAO is a DAO that is pooling together money to win this auction. We intend to put The Constitution in the hands of The People. Would love to hear from you. Rate, comment, subscribe on Apple Podcasts and for the video edition- YouTube. Follow me on Twitter, Instagram, TikTok where I always post when a new show drops.
Everything you need to know about DAOs! DAO are “a group organized around a mission that coordinates through a shared set of rules enforced on a blockchain”. At the most basic level, they use collective participation to fund things and get things done. I go on a bit of a tangent at 11:43, which you can skip if you want. Airdropping a token to everyone in the US is far from feasible, but just wanted to take some time to talk about what *could* be possible. Constitution DAO: https://www.constitutiondao.com **NOTE: This was absolutely not an ad, nor was I sponsored! Just sharing some info** notes: https://horse-quart-a62.notion.site/D... Bankless podcast: https://open.spotify.com/episode/0l2m... Episode with Cooper: https://open.spotify.com/episode/7g6X... Linda's excellent piece: https://linda.mirror.xyz/Vh8K4leCGEO0... 00:00 - Intro 00:33 - What is a DAO? 04:14 - What do DAOs do? 06:08 - How do DAOs operate? 08:53 - Examples of DAOs 10:19 - Constitution DAO 11:43 - Kyla's Opinion 12:53 - Trad vs DAO 13:56 - Bull and Bear Case 16:01 - Summary