You'll see. This update is like music and shit now to all our stuff.

It's kind of crazy.

Ohh man you guys see there's a music icon now.

On Twitter spaces.

That's it. Ohh.

There's a whole new layout.

Funny. What's up Bourne come?

$10 million in ENS tokens.

That's a lot.

Let's talk about what it is, what it do.

What's up, girl?

Hello.

How are you?

I'm good. I'm good. I'm looking for parking, going in circles.

Usual.

As always. As always.

Yep.

Yeah, how are you? How's your day?

It's good. It's good. I'm just sending DM's and tweeting this out for now.

Same shit. What's up? Busy, busy.

Not much long day at work.

But you know we're ready for the night.

Do you work on Sundays?

Yeah, I do actually. Unfortunately. What is this, 10 million in ENS tokens? What's going on?

Did you see what the Maxis proposed?

No.

So they said hypothetically, if they were to buy $10 million worth of NS token like what does that do?

Sorry.

And I kind of wanted us to talk about it because I was just listening. I was listening on the maxi room. And yeah, that went from green light to red light and nuts on your forehead real quick. And I think this is a serious topic that definitely warrants maybe some serious conversation with some serious people.

If possible, at least the community in and of itself, but.

Maybe we get the conversation started.

OK. OK. Sorry about the noise. I have to go on mute. There was a commotion, but yeah, so I honestly didn't check out the tweet, but I'm, I'll be honest, I'm driving right now, but I'm I'm willing to learn more about what this is and the the potential that it could be.

Yeah, I think.

Hold on one second.

I think that there are.

A lot.

A lot of potential benefits here and I I kind of, I like the initiative by the Maxis right? I I by the team what I'm saying let me just specify. So from now on it's when I say the team, right. Obviously that's the the non docs founders.

Fuck it. I'm just gonna. I'll just call people by name instead of saying Maxis is just make life easier.

So what they said, so the initiative ultimately here is like what they want to do is they want to ultimately like put some power back into the hands of people.

And I think that's a great fucking thing. I think that's a really amazing.

Idea right? But I think the.

The devil is gonna be like in the details, right? And it's gonna be how how we structure it, who's gonna make the decisions, right? Like, how does the Community have a vote? Because I was listening on the other space and, you know, listen, I I think we'd be naive to say that people don't have their own agenda of their own special interests, right? Like, it is what it is, right? Like, if I had a really big steak monetarily in a project and they wanted to vote for it to go completely different way

Ends of course I wouldn't like that right, because like I have that. So I think theoretically, in theory.

I think it's a great thing in terms of what they want to do.

I don't know where the hell that money's gonna come from.

If they had 10 million bucks, that'd be great. I mean, that would be amazing. I go. I mean, listen, if they can pull this off, I'll go out and fucking up my maxes all day, every day, right? Because like, I think this is, it's an initiative that is in it has good intention.

Very good intention.

It's the execution piece, right, that is ultimately going to be the determining factor, right? It's how do they structure it like, like.

So, but let me ask you a question, right if I said, hey every, you know, like right now it's like we we kind of can't vote on much stuff because we don't really have NS tokens, right or at least not enough. But if I said to you, hey, if if it was based off of however many Maxis you own right that gives you the number of votes, is that something that you would be in favor of?

Why?

Personally, no.

I wouldn't think that that would be fair in my opinion because.

The voice of people shouldn't be determined on how many Maxis they own, because me personally, I mean, I'm a very big maxi advocate, although I still have only one maxi, so where would that leave me? And I'm sure a lot of people are in the same boat as I am. They're wanting to voice their opinion and.

Let's say they're just not capable of having that many maxes and it just it just the scale wouldn't be fair, you know what I mean?

I do know what you mean.

I do know, and I think that's a really great point.

Medi just sent you an invite if you want to come up. I do think that's a really good point.

Because it's so I guess let's, let's kind of instead of being like a like, let's not be the negative names, let's say. OK, so if not that, then what could the alternative be? Should it just be one person, one vote, one human? And how do you do that in a totally decentralized world where a wallet could represent a human right? Like how do we know?

You know what I'm saying? Like what? What do you? What? What's the counter proposal to?

Not the Mac leg. It's not a matter of the number of actual PFPS that you hold, but it's the human. How do we do that?

That's a very good question.

What would be fair? One second, I'm going to have to go on mute. By the way, just found parking, so it's a OK happy. Just wanted to let you know the beginning of the state is having trouble. But yeah, it's a very good question and I'm not sure, I'm not sure how we can kind of pinpoint for people to voice their opinion without the number of NFTS that they own. What about, what about if they're part of the community?

And they own at least one NFT.

At least one.

Hmm. So you're saying if they own just at least one of them, then that should give them ultimately?

Like that, that gives them a vote. Whether you own one or 100, you just have to prove that you own one. So ultimately what you're saying is kind of what meta just said is KYC.

But a lot of people out here don't want to KYC, like they don't want to essentially say who they are. And I guess that's the that's the facet of, well, if you don't want to say who you are.

Do you have a vote?

I don't. I guess, you know, just thinking about it philosophically.

Uh.

Like, you know what I mean? Like if, let's just say born, if you own a maxi, right, and somebody owns, you know, a ton of other ones. And like, we don't obviously want it to wait towards the other one because they have more money than you, right. And this is interest. This is an interesting point of discussion because I think what this talks, this is like when you create like a Dow, this is your voting structure, right? Like, this is this is the stuff that you have to think about. It's like what

Everybody isn't always going to be either in the votes or agree with the vote because you're never gonna make people like every single person happy, right? So how do we do it? Like, if if it's like, I guess, born, let me ask you, would you KYC?

Yeah.

Me personally, in order to be a part of Adele wait, first of all, let me just backtrack is is is meta a speaker? Because it shows us he's a listener, and if I spoke over him, I apologize.

No, no, no, no. He's he's a listener. He's a listener for now.

OK, cool, cool, cool. OK, So what was your question again? I just wanted to make sure that I'm not interrupting you.

Oh yeah, yeah.

Yeah, yeah. So in terms of like, like, would you KYC, right, for if it meant you had a voice in the Dow, right, would you KYC?

Personally, yes.

You would.

I would kind of depending on there's a few, there's a few factors of that. I would kind of KYC depends which down it depends the.

Umm.

Hmm.

Well, let's talk about this one. Like, let's talk about this, right. So the maxes are thinking about starting like, well, they would have to like start their own Dell, right, in terms of if they were going to purchase $10 million in tokens, right. Let's just say, for example, they'd have to, they'd have to start their own now. So let's just say like we go with your suggestion of whether I own at least one and that gets me a vote.

Right.

Yeah.

I have to KYC. I have to show who owns this, right? So if I own 100 or 200, I'm gonna have to go on KYC 200 accounts. Holy shit. I mean, that's a lot. It's not. Doesn't mean it would deter people, but it still makes it a little bit harder. So if I if but ultimately, like you would ultimately have to dox yourself and people would need to know like who you are, like in who that voice is in order for you to actually vote. Would you do you wouldn't would you do it still? Yes.

So that again, another good question. Me personally, it's 5050, I mean, I'm kind of already doxed to a lot of people in this space, so I personally wouldn't mind. But on the other hand, there are a lot of people that don't want to DOX and they do want to have a voice and they do want to be heard and they just don't want KYC. So there's got to be, I feel, another way that people would would be able to.

Do that, but also on the blockchain. Without KYC, you can kind of just see who owns DNT. Why wouldn't that be an option?

Well, when you say who owns it, you could see which wallet owns it.

The owner.

Exactly so that.

Yeah right. But the owner could be like a 6 digit like you know if you look on open sea like how do I know who owns wallet D 41609?

So maybe, again, maybe they can verify through Twitter.

With the Twitter account. Because again, a lot of people's identity is really.

Hidden by Jpegs and a lot of people want to keep it that way.

Yeah.

On the other hand, there are people that docs and aren't aren't. You know, they don't care whether or not they they KYC or not. So it's kind of contradicting. But what I personally do it in this scenario I I take back what I said and the answer would be no.

Why the change?

Why the change? Because.

I was thinking of at first when I first responded, I wasn't thinking about the broad aspect about people coming up and doing the KYC and and would that work in the long run, you know, Adele, everything now is kind of ran by.

Twitter spaces and discord and everybody has a way of kind of just being behind the screen. But once you once you ask for that KYC.

It's no longer that that like.

So let me tell you something.

I don't know, that's just my opinion and I'm kind of thinking for the people also.

I like it. I love the way that you're thinking actually. So let me tell you something. So I think that there is a way right to actually do Unchained voting, right? With something called 0 knowledge proofs if you've ever heard of this stuff, right? Zero. Not what zero knowledge proofs are. And we were actually talking about this. It's funny, the other day with Wylin and and a few others, right? Like imagine that. Let's just forget about blockchain anything. Let's talk about real world voting for

From your phone, OK.

And you know.

Like for a presidential election, let's just say you have candidate a, candidate B, and you were able to vote.

And it was, let's say on Ethereum, and you cast your vote for the president, for whatever President that you want, right? You cast your vote for let's say like candidate A and you cast your vote for candidate A. But it's like, OK, now if it has to go across the Y, right? Meaning it has to obviously like be the transaction has to be approved on the blockchain, but the blockchain is transparent and it's public.

So now we're like, wait a minute, like, what are we like, how do I do this? Like, now everyone's gonna know, even though I voted. From the privacy of my home, everybody's gonna know. Damn. Like, how do I actually vote? Like, they going to know how I voted. And maybe people don't want that, right? So what they do and what you can do potentially is say, OK, I I want to be able to vote from the convenience of my home, but I also want the privacy aspect. So how are they going to know that it's me th

Right. How are they gonna know that Dave is voting for presidential candidate A and he's doing it from his home. And it's not just somebody, let's say, you know, like, like like any other person or it's not like fraudulent somehow, right. So there is a cryptographical way that you can actually do this. And it's called ZK proofs. And these ZK proofs ultimately what they do or what they say like or essentially what like what they're doing is they're saying, hey, you want information?

To travel from point A to point B, but whether that's you as a person or your information or your data. But you want to be able to prove that that the information in that little, let's say box that's traveling, whether it's you or who or your or your data, is 100% valid but while also not revealing.

Right. You don't want to reveal that that was you?

Right. It sounds a little complex and a little complicated, but you want to be able to, you know, say hey like I voted cool without obviously having to say to your neighbor or your neighbor seeing ohh I saw that you voted for so and so right now I want to be able to do it in a certain way where it's valid because right now even if I go show an ID, let's say at a polling place.

Like things could be gained, they could be a million different things, but to keep on this topic, this is a way and these work like these are working now.

Like people are using this as data. I've read so many examples of somebody buying a house, right? And you want to be able to put a bid in or you want to be able to get information from buyer to seller, but you don't want everybody to know how much you either paid for the house, how much the broker made in Commission on the House. Like, people don't need to see everything, and in a public blockchain world, they see it almost all of it pretty much, right? So this is a way not to conceal, but it's

Like Ohh, sorry, not obstruct, but to conceal, right? Like you're not. You're not doing anything shady, but what you're doing is you're keeping your privacy intact. Because let's be honest, like it shouldn't be anybody's business who you voted for, right? It shouldn't be everybody's business like how much you paid for the house.

You get what I'm saying. So there is something that can potentially do this. Now the question is like, are they going to do it right? Like then this comes down to and I would when I tell you like, actually from the beginning, I don't have a problem. Like, do I hate that the Maxis team isn't docs, yes. But does this make sense why they aren't? Yeah, it does. This makes sense to me, right. Like, like people are always going to be like the.

The.

The what's it called? Like you're going to be on the on the attacking end, right? If if there's a face or a human to put to that name. But if there isn't, who are you gonna go yell at or you gonna go scream at where you go spend your energy? But if they can do something like this, I would completely understand completely that it's not just the PFP project.

Right, this is something different.

Yeah, born. What's up?

So you brought up a lot of good points and also I feel like there's pros and cons to doxing and not doxing as an NFT founder or even a project founder of any sort.

With that being said, you know, like you said that there's nobody to attack this and that, but.

People are putting their money there.

Their time, their energy and the lot of themselves.

You know into a project, so imagine just putting. Well, like you said, imagine like.

In my opinion, in my opinion, I wish that the Maxis were also doxed because I feel like it would just bring a lot of clarity in this space and people will like under like calm down a little bit because there's a lot of controversy of who's might be behind it. But even speaking in general.

You know.

There's there's a difference between.

There's a difference between being.

Like.

On and open on the table and putting all your cards on the table and then holding them back. I don't know necessarily think that they're holding their cards back. I think that they're just staying on the safe side and yeah, just.

But like you said with the I forgot what it was called. So forgive me, but the new way of how to vote, that's very cool. I've personally never heard of that, so this is all new to me personally and I'd love to know more about it so.

Yeah.

I'm gonna talk.

Yeah, while we were. Actually, I'm glad you came. We were just talking about ZK proofs and voting and everything, but doubts. What's up, my brother? What's going on?

What's up, dude?

Killer man going to add some.

No, I was just going to throw something, man, about the the whole KYC thing. Like you wouldn't necessarily be doxing everybody, right? I mean that's just doxing basically the whatever platform or.

True.

Yes.

Unity that you're KYC into, right? I mean, I just want to clear that up.

Yep, that's actually a really good clarification, bro. So when you KYC, right, you probably KYC with you know, they'd probably be like a software provider. And there's an entity that does this, right. They do it for banks. They do it like large institutions. There's a big company that does it online for your online accounts, like called Plaid. And they verify essentially that, like it's you and they'll KYC and this is where you'll take a picture and, you know, put the put your face.

Or 10 pictures or 100 pictures.

Yeah, exactly like, but there will be a face, a human to your name like directly like.

Tied to you. But it's a great distinction, right? That is not gonna be known to everyone, right. Like that's not gonna be like, hey guys Dave KYC, you know, DC BK2 LA KYC. Here's his info. That's a really good distinction, dude. So yeah, so born. That's the other thing to also keep in mind here is KYC can have a benefit, right, but.

Then other people say, well like that information, right? Is like who? Like what are they going to do with that info and when people talk about.

And that's where I don't know. That's what I wanted to ask about. Like would that 0 proof token the 0 proof knowledge or whatever? Is that something that's like you could KYC 2?

And holding your wallet that way. All you have to do is connect your wallet to something.

I mean.

And they're like, going through all that fucking information every time.

Yeah. So that's the thing, right? Like once you're able to like like I guess, and I'll look into this even more, but on the face, right, once they're able to prove and no, it's probably going to change every single time, you're not going to have like one identity that's like, hey, like NFL champion dot ETH is this and this is your proof to use every time. No, because every situation is different. Your data points are going to be completely different from start to fit, like from the beginning to

Have to be created.

Now I get what you're saying.

Um, like ad hoc or on the fly, I wanna say. Right? You can't have anything just stuck to your wallet. Sorry my bad waylan you can't have anything just stuck to your wallet. But.

Yeah, that's a really like, look. That's a good point. Like, So what are these entities that you KYC with, right? Like, what do they do with your information? Right. And at that point, they sell you or they could sell your information. Who knows, right? Like, who knows? There's a million different things. Yeah, born. And then we'll go to Wayland.

Yeah, go down and come back up.

I did Ryan have his hand up first cause doobie and Ryan both show connecting on my end they don't even seem like as a speaker so I'm probably gonna have to hop down so I can like hear yeah but I just wanted to say I was thinking I was in the elevator and I like your point of what you said about the new the new way of how to identify people but what about what about this is just out of.

Curiosity.

Out of nowhere. But what about if we kind of had quote UN quote Social Security numbers for a person who signed up for a Dow? They'll have an individual number and that number, how it would work, how would play out? I didn't really think that far. But let's say if a person doesn't necessarily want to docs and they just have an identity.

Yeah, personally.

You know a number or or something that signifies that they're part of this doubt. Is that possible?

I personally think that would do better than this whole breaking it up by how much money you got, how big your bag is. Like that's just going back to the old ways.

So who's got more money?

I hear you Ryan. What's up man? I like that. Born. Ohh. She left and she come back. What's up Ryan?

Uh, not much. Truth be told, I'm just about heading out the door for another Christmas party with a mentor, but mostly wanted to say hey and one interesting use case for these 0 proof knowledge tokens. Never conversation about is an allergy token, right? So you would have your allergies stored in a token in your wallet.

And then when you go to a restaurant and you scan the QR code.

It would compare your allergies against the menu and just automatically delist from your view anything that you're allergic to. That way you don't have to communicate out loud what your allergies are. Because if you're an important person and you're like, I'm allergic to peanuts, there could be a foreign spy in the restaurant who's like, oh, he's allergic to peanuts. Good to know.

That's pretty dark.

Did you come up with that? Did you just come up with that?

I don't know, just something to get like the brain working. But anyways I I gotta roll. I gotta be at this place in like 15 minutes but just wanted to pop in and say hey and since you were talking about 0 proofs, no wizard.

I didn't know.

Ohh, that's interesting. That's really interesting.

So yeah, something to get the get the brain running, but I do need to run guys. But have a good night and I'm sure I'll be on probably late this evening so.

Yeah. And I recorded the space too, bro. So if you want to go back and listen to it though. Thank you though. I appreciate it.

Man, I was actually really interesting. I was just about, I was going to ask him like, well, where did the zero knowledge proofs come into play? I said.

I was going to say like where did the zero knowledge proofs come into play?

Yeah, that kind of.

But I guess if you're using.

Yeah.

Go ahead.

I was gonna say that kind of makes me think like, you know, like you could use it like soul bound, like at like across multiple platforms. I mean, I don't get why you couldn't.

Essentially.

Like if.

Yeah.

I was gonna.

Yeah.

When it comes to the wallet, because, I mean once you lose access to that wallet, you lose access to that wallet, so.

But then that.

Hold on. I got it. Yeah.

Then that kind of makes you wonder.

Somebody said here in our yeah, that's true. Here in Australia, we get fined if we don't vote. That's nice. They should definitely fucking matter. They should definitely fucking start finding us. If we don't vote, we probably have higher fucking turnout. Eventually people would turn out and pay more attention. That seems like an easy fix.

Or they they didn't get their benefits or like their tax rebate if they didn't vote.

There you go. Exactly like if you didn't vote in the last election. Like you better go get your ass to vote. But this would make it so much easier. I see. Yo will, if you want to come up, we're talking zero knowledge proofs. I'm sure that you probably are a little more versed in this than I am. I have kind of like a basic level understanding of it, but we're talking about how we can potentially pull this off in terms of.

You know for the Maxis right? Like the the Ennis Maxis are.

Umm.

Thinking about like like they put out a a proposal to the Community, essentially saying if hypothetically they were to buy $10 million worth of tokens that would give them a voice, right? Because in order to put forth a proposal in the Dow, you got to have what's called like a quorum, right? So it's, I believe it's like 1%.

I I believe, I don't want to talk out of turn, but something like that can be huge, right. And that would give them axis a super, super loud voice and obviously anybody that owned the maxi. But we're now debating like, well, how do we make this system fair? Is it?

One maxi per vote? Like 1 mat like per person like per person. Is it one person one vote?

Yeah, that's kind of where I'm gonna. I'm gonna pin the other thing up to the top. But what's going on? Well, how are you, man?

Samuel, how are you all?

You're doing good, my man. I'm doing good. What's been going on with you? Are you an NS maxi holder by any chance?

I have one.

Alright, well, talk to me. What do you have? You read what they what they put out? What do you think? What are your thoughts? I would love to hear you have to say.

I haven't, so I'm just sorting out hearing about this from you all.

Hmm. OK, so hold on. I'm gonna go see if I can grab it.

I've I've. I've been asleep most of the day, most of the weekend, so I've not caught up.

Good for you, my friend. Good for you.

Hold on one SEC.

No, it's actually a problem.

While you're sleeping too much.

But you know.

Yeah, way too much.

No shit.

But we don't have to get into that here.

No problem.

He's like me. I get to my sleep problems.

Yeah, so? So the maxi is. So what is this? The Maxi project's going to buy a bunch of DNS tokens.

Uh, yeah. So I pinned it to the top. I think this is it, right? Yeah. So here's what it says. I'll read it out for those. We want to run an idea by the true believers of ENS, ENS, maxies. What we are proposing is not set in stone.

This is a thought process we had among ourselves and we would like the NS Maxis communities input. Although we contributed much to the NS space, there was always room for more since inception. The only time we spoke we mentioned the importance of ENS coin which was a cross reference, foreshadowing hint between the up and coming.

Kitten coin trait ohh bitten coin trait on the Maxis right, which has since been revealed. An ENS token which brings us to our next subject, ENS token. Tokens primary purpose is to be used for the governance of the ENS ecosystem. The ENS Maxis community must learn that ENS token holders can submit proposals and cast their votes.

The NS community can discuss ideas and have governance related discussions in the forum instead of letting only the founders take advantage of the NS governance of the NS governance system. What if we set up a hub where ENS Maxis can cast votes and make proposals?

Let's say the founders purchased $10 million worth of ENS tokens. We create a user friendly, easy to understand ENS Maxis token.

Hmm.

Gated voting proposal poll.

The NS Maxis would be able.

To me, I missed that part the first time. The ENS Maxis would be able to make the final vote on the ENS Maxis platform and from there we would take the winning vote and use our ENS tokens to vote on the future development of the ENS protocol.

While others are simply registering and minting ENS domains, this would give the NS maxi community a substantial advantage to have their voice heard and shift things in the direction we see fit. This is an overall opinion opine that thought process. Please do not read too much into this. It's important to share your thoughts in the comments because we will use the information to look into this further.

So I think the key here is this that I can't believe I missed the first time.

Let's say the founders purchase $10 million worth of ENS tokens.

We create a user friendly, easy to understand.

ENS Maxis.

Wait, this says token but then comma.

It's as easy to understand ENS Maxis.

I'm hoping this is supposed to be one. That comma is really front throw me off ENS Maxis token gated voting slash proposal poll.

Can somebody read that on #5 and interpret that for me? Because that makes that one comma makes all the fucking difference in the world.

Literally all the difference will. How do you interpret that? What up, kenobi?

All the difference in the world.

Randy, like, you know what I'm talking about. Like what is it?

Sounds like they're going to create a token.

Right.

But they specifically, if I'm not mistaken, they specifically said we are not creating the token.

Where did they say that?

This does not have to clarify Evans, Maxis, NFT does not have any plans to create an ENS. Max is still.

Did I read that?

They said that in the thread.

I see that. OK. Yeah, I see that.

Ohh OK.

To clarify.

Yeah.

And it.

Wait, where does it say that? Did I just read that and and completely be oblivious?

It's the last.

It sort of sounds like they're going to do snapshot.org or something like that, which any of us could spin up anytime we want it.

Oh, OK. This is what I'm saying to, to clarify. ENS Maxie NFT does not have any plans to create an NS Maxis token. Token gated in this case means that if you own an NS Max NFT, right. So you just need to own a maxi in order to get access to the they're going, they're going to token gate the site, right. Only voting proposal platform. OK, got it. That makes sense.

OK, Randy, what's up? How are you?

Can you hear me?

I hear you, man. What's up?

Ohh.

I requested to speak and then it like.

Robbed me real quick but kept me on the screen and I don't know, I forgot what I was going to say.

You good?

Yeah, yeah, yeah. Just listening.

What happened? I lost. Losing people.

Good stuff. Alright. So hold on one second Randy will, what do you make of this then? So essentially they're saying if you own a maxi right, you'll get access token gated means like right an NFT or new RC20 or crypto could be token get like you can use that as your token to get access to the site, but.

What they're saying is they'll buy 10 if they were to buy, hypothetically, they were to buy $10 million worth of NS token. That gives them a lot of bargaining power. A lot of negotiating power. A lot.

Will I want your opinion like right now like a is this community like ready for something like that? I get what problem it's going to solve, but like I guess what are your overall thoughts on it just in general?

I'm interested to see how it plays out. I don't know if they would want to.

I guess you could build an entire site that would be token gated. You could also just use snapshot org if we're just doing simple voting.

You know, I'm interested to see how how what's going to happen.

Yeah, but again, that's then in that case, it's almost like you wanna make sure that people, I kind of understand the the part of it where you want, you want to make sure that they're part of your community in order to represent that you're part of the community, you should at least own one maxi, right?

So in terms of like using snapshot or token gating it like I guess it's kind of that that that would I guess that would kind of incentivize people to go out and buy the maxim but I really wouldn't hold that against and I think that's that's a that's a normal ploy.

When we say, when you say you're interested to see how it plays out, how would you want it to play out?

Or how would you envision it? Like what would you think would be a fairway and equitable way that would give us a voice without putting too much of the power and like let's just say, you know, certain people's hands. Because I think the reason why they're doing this is because right now the stewards and the Dow can really overturn anything that they want, right? Like it's, you know, they do hold a lot of power. And, you know, I I think this would be an initiative obviously to give power to the M

You know, we can kind of, you know, or have a louder voice per se.

Fair. You know, we could talk about one vote per NFT or one vote per per one vote per wallet, really, you know, which is people are willing to distribute their Maxis amongst different wallets, then they could get around the whole one vote per wallet or person.

Gotcha. So I mean you might as might as well make it 1 per inept or whatever?

One per NFT. So if I create 900 wallets or 1000 wallets, that means that it's gonna give me 1000 votes. That makes that means I control a good chunk.

Yeah.

Right. That's a lot and I think, yeah.

I mean one, one per NFT, even if it's like, you know, you could have 1000 maxes in a wallet, you'd get 1000 votes.

You know, because if you make it 1 per person people, they're just gonna. And you'd have to spend a lot of gas to do this, I guess. But if you wanted more votes, you just transfer your your maxi to a different wallet. And then, you know, because there's no, there's no such thing as one per person and web three necessarily, it's one per wallet.

So that's my question to you, right? Like, when you say there's no such thing as one per person web three, that's what we were talking about in terms of ZK proofs, where it's like proving out that you're a human, that's your identity, your KYC without KYC. How?

No. And as zero knowledge. Well, yeah, yes, I see where you're going with that. Zero knowledge proofs are used when say, you want to have an election voting system of some sort and you want everyone's vote to be unknown, but be able to still mathematically calculate the results of the election. And do so that anyone can, you know, you release that as open source public information, do so in that other people calculate that out too.

Yeah. So that would be kind of like the second portion, right? So you kind of see, I think you saw where we're going with it, right? So the question is like what becomes the voting criteria, right, like do we?

Is it 1 per wallet? Like is it one per like one vote per maxi like and how do we, how do other people prevent this? And I think this is going to be something of real importance like moving into the future as more and more dials are being open.

Like is there a way around this? What are some other people doing? Do you know by any chance or anybody like feel free to jump in.

I was part of a project that had a snapshot.org and we used that to vote on a few things for the Community and I'm actually, I think still the author of that contract. So like I can put up, I'm think I'm the only one in the project that can put up new questions.

New votes.

So question though, like how did you structure the voting behind it right? Like snapshots one thing, but how was the voting structure? Was it like?

How like, how was it done?

It was one per NFT.

One for NFT, huh?

Yeah. What about this? What if?

You had.

What if you had to?

I don't know if this is actually done, but and this isn't a complete, excuse me, deterrent from like you know the way the quote whale problem right?

I think that if you were, if we were able to, let's say.

Very like.

One like 1 NFT, let's say own I own one maxi I ultimately get.

I get one vote. So they're they're sitting in this wallet right? But if I own 200, let's just say I'm going to have to obviously like like if I keep them in that same wallet I get 200 votes, right? We want to, let's just say we want to avoid that. What's the alternative there if the alternative can you is it possible for the alternative? And I'm just thinking out loud.

To be that, you do have to have them in individual wallets, separate wallets, right? They have to be like there has to be a separate wallet in order for it to be considered a separate vote and.

Every time there is a vote that is put forward right, you can't. Is there a way to change the wallet address so that it deters? Like if I'm going to have to do it 200 times for the next one, as opposed to just maybe, let's say only one? Or if I have to transfer it maybe to another wallet that I own or something along those lines, you get what I'm saying.

Yeah, you're making people expand unnecessary energy though.

By doing one per wallet, because anyone who really wants to gain that sort of power.

Is I mean if you had 200 of the NFT's.

And assuming you had enough gas, you know, etherium to expend in gas to transfer them to different wallets, then at that point it's on them to, you know, have to.

No. So that's what.

Vote 200 times, or maybe come up with another contract that could automate automatically vote for them.

Right. So that's what I'm saying. I'm saying if all of them are in like 1 wallet, right, that's if you want to keep 200 in one wallet, like that's still one vote, right? Like if you want to use a single wallet, that's one vote. But if somebody wants to like gain that much power, right, in terms of, well, hey, I wanted to, yeah, I don't know if that's really a scalable thing. I don't know.

I honestly don't know what the answer is. I'd be really curious to see what other projects are doing out there in order to be able to actually like get this.

Or to do this right, but.

And I'm gonna say this now. Fuck it. Yeah.

There's there's no clear answer here, you know, like it's, it's.

There's advantages of doing it one way. There's advantages of doing it another. You know it's there's no right or wrong answer here, necessarily.

Yep.

So let me ask you this question. How well, how do you feel about like founders not being doxed?

Because I feel like in this instance I feel like it would play in favor for them, but overall for the PFP project itself, I don't think it really does. Like I'm curious like how do you view that?

I was again part of a project. The founder was not doxxed. I was actually supposed to meet him at one point and it all fell through. He for good or bad, someone had found where he was and threatened his personal safety, and so he cancelled the meeting with me.

And others.

Yeah, and if you're running a project, if you're doing anything interesting at all anyway, like, you're gonna want to dox yourself.

That makes sense to me.

It definitely makes sense to me. And now if you're talking about voting in a Dow where we can potentially have massive, massive this is a a really big power shift, a really big one.

If they're if they do, pull this off.

So I think they're gonna do to tune of 10 million. I have no idea. I doubt it. But listen, I've nothing's impossible. But that would scare me a little bit.

So hold on.

My fault guys, sorry, there's a little some sirens outside.

Randy, what's your take on this?

Near me.

Yes, Sir. OK.

OK, well, I've got a, you know, I've got a few.

Things that kind of, you know, roll around my mind when I think about this. You know, the voting needs to be equal.

But at the same time.

You know you've you've got vested interest.

And you know, it could be a pump and dump.

Yeah.

Could be you know, this or that or any other one of the many scams that are out there, you know what I mean? So it's just I I don't know. It's, it's, it's a problem in the NFT community, in the crypto community that needs to be solved or at least looked at.

And the conversation needs to be started because this, I don't know. You're not going to get mass adoption with people where you just have to be connected. If you get what I'm saying or have a lot of money, you know what I mean? It's not going to be attractive to the everyday person. I don't know.

I agree with you.

I agree with you. I don't know.

I mean, I kind of went off on a rant on there, but I mean you.

No, you didn't. You made sense.

I do.

You get you get my point, I guess. I mean, I I mean I'm not trying to like start shit with anybody or anything like that, but.

No. Do you have a maxi?

Gotcha.

No, I don't have a maxi. I've I've never looked into the project. I do like the fact that they're probably the only project that was smart enough to think, hey, PFP and take advantage of the ENS like utilities and whatnot. And you know what I mean, like it's that simple.

Now as long as every you know it keeps going on and on and.

Is you know actually becomes successful or whatever, well, you know it's not successful but can continue contain itself.

And, you know, overtime and whatnot.

Yeah, I think, I think it's gonna be a good project. But like I said, I haven't looked into it and I know, I know they got some scrutiny about a few things and.

I see.

I see the argument, but you know, I don't own one, and you know I'm not gonna.

OK.

Get involved in all that. But yeah, I do. I do hope the best for him, you know, they.

They are.

I'm with you, by the way. I don't own one either.

They they to me, you know, I, I do a lot of watching on the community, not in a creepy way, but just just to see what's going on, you know, I mean, I've, I've kind of seen it off, you know what I mean? And I don't know. I mean they, they haven't done any such type shit that I've seen. So I don't know. That's all.

What?

The team, the team, the team, right. We're not talking about individuals. We can have that conversation another time, but yeah.

Well, well, yeah, yeah, yeah. The yeah. I haven't. Yeah. Obviously that's who you want to watch. But I mean, even even some of the people under the team, you know what I mean? But I don't know. I mean that I've noticed. Maybe one got one by me that I didn't know.

Yeah, trust me. Hang around, hang around a little bit longer. You might be able to see it, but let's go up vote and then John, I'll come right to you. What's up?

All right, brother.

Thanks, Randy.

I didn't notice you got back to me in the DM, so I thought you were in New York City.

Yeah, those are Hollywood sirens, bro. It's worse than fucking new. It's worse than when I lived on Mulberry St Kid. I swear to God, it's so fucking bad. It's the worst.

I heard those sirens, bro, and I straight up looked over my shoulder. I thought it was me. I was like, oh shit.

I wasn't even a squeaker.

Yeah, for real. For real. But yeah, anything. What's your take on all this upvote. What do you make of the maxi proposal?

Wait, what's what are the maxes doing? What are we? What are?

Oh, for fucks sake, exactly mute that one, huh?

What did I do?

Ohh.

You gotta love the trolls. I feel like like Wizard sends them in here personally, right? To fucking just a troll. But this is the kind of shit I'm talking about, right? So Randy's like, this is what I mean. It's like nonsense, no, not you, bro. Not you, not you. Nonsense like that guy just now, right? Like, this is what they'll do. They'll come into rooms, they'll report the room. They'll come in and distract. Like, that's nonsense. Like like we're.

We're here trying to have like good discussions, right so.

Forget that dude. But what they're trying to do is they put, they put together like not a proposal but like like a 10 or 12 thing fucking thread ultimately saying what if they bought $10 million worth of ENS tokens?

Right. What would that do? Right? That would obviously give the maxi community a really loud voice in the Dow, a really, really loud voice in the Dow.

So we're kind of debating like, how that would look.

What would have to be? How would you vote? Would it be 1 maxi one vote one wallet, one vote? What do you think?

Yeah, apple.

Um, shit, man.

It's it's honest. I'm not I'm not too sure you know I I really don't know how it's going to play out you know I mean you guys have a pretty pretty.

Good conversation as I was listening in before, but my personal opinion on it I I honestly can't give you my genuine personal opinion because I'm I'm not well versed on the topic. So I mean I'm only limited to as much as I know. But on a serious note though aside from that.

Yes, Sir.

So think about it from a voting, a voting perspective real quick, just from a voting perspective, right up vote, how would you want it to work, right. Like, if you know that like things, you know the NFT game really well, right? Like, you know, there's whales and a bunch of different projects, right? Like that they'll buy out a certain number and everything else. And if we're talking about like a voice in the actual the ENS Dow, right. And this would ultimately be like, because the Maxis would u

Knowing just from a balance of power right like do you are you do you subscribe to the well if you own you know 500 Maxis then you get 500 votes like because you have a high retention.

Yeah. No, that that should not be the way if anything they should like. So there's there's other DAO projects that I'm part of and there's some whales in the group that have like 152 hundred plus of that NFT and those those projects specifically are like yo like.

It's cool that you have 200, but the Max is 50 votes per wallet, so you got to split them bad boys up between 4 wallets and then you can still get your votes in.

Because in the beginning of the this one down, uh, someone had like 300 NFTS and everybody else had like 3040105, like it was like 40 and the next jump was in the hundreds. So it's like whoever that one individual was had so much say, you know what I mean?

So to cut down on that, they made people split their NFTS into separate wallets, made like like the other gentleman was saying that that waste people. That might be wasteful on people's time and stuff, but I mean.

We follow some pretty ridiculous rules to get a white list, So what the hell is a moving some NFTS over?

I hear you, but doesn't that kind of make it easier? In a way? Yeah, this guy really put it.

I'd prefer to keep it split up. Shit, I got so many freaking hot wallets, man. It's between the burner wallets and everything else and then my cold wallets. I'd rather keep everything spread than all in one pot, you know?

No, I agree with you. I I actually agree with you on that. I'm saying like by saying, hey, the most you can have is 50 because like right now it would ultimately make, it would ultimately make that really simple for people to kind of like the whales to kind of game the system almost right where it's like, all right, I'll put 50 in this wallet, 50 in this wallet, 50 in this wallet, 50 in this wallet and be done. So yeah, that would give them less voting power actually. So I don't know, it's kind

Yo please.

But there's so many different ones and I'm really curious to see how they make it work. What about I saw a dog that actually has like some activity based stuff, right? Meaning like yeah.

Please tell me you bought last so when I told you earlier, bro, I don't fuck around.

I didn't actually why, sorry.

So earlier when you looked that fucked, it was at .06, that shit sitting at .1. Earlier erect was at .07, it's at .15, and when I mentioned it to you, hacked was at .09 and it's at .3 right now.

Nice bro. Good shit, bro.

Don't sleep on the calls, bro.

You know what, yo, let's, let's. I won't, bro. Let's definitely, let's set up like a like a, like an NFT, like an NFT room at some point. You know what I'm saying? Like you're obviously really fucking good at this. So let's do it so that we can at least educate.

Yeah, let's just call it the general Degen collective. You know, good to go.

Done. I'm all about it. Let's do it.

Umm.

Yeah. So like.

Because I mean.

Yeah.

There's always IRL ways to make money, but we can save that for another time.

Yeah, that's that's ridiculous. It's not terrible. Come on. Who's gonna do that?

I'm playing, I'm playing. Yo, what's up, wave? How are we doing, Pam?

We got Connor. What's up?

Plus this what's happening?

How we doing, born what's cracking welcome back? Good contribution before I love it.

But yeah.

I mean, look, I think here's where I think there's.

Here's where, like, I like now, this is like, this is going to affect everybody's back. And I think people need to be aware of this right now. OK, we have. I got you. No worries if you can't come up now. This is what people need to be aware of now. And I want to be clear when I say this, I'm not funding anybody's fucking bag. I'm not doing anything. But this is my personal opinion, right? Do I feel comfortable knowing who is at the helm currently and who's disseminating information and who holds

Does that scare the investment that I made in, in, into ENS, into domains and everything else? Yeah, a little bit sure.

Like anytime there's a balance of power, there's a shift in the balance of power. Like, that's a big deal.

And to keep it politically correct, I don't feel that and I'm not gonna beat around the Bush. I just don't feel that a flexer or a fucking or the kid stuff really like understand this ecosystem well enough to be able to actually do this right. So let's just leave that there. I just wanted to make that voice to make that heard that I think it's a great initiative on behalf of the actual Maxis. I wish they would just buy the kid out and be done with it, but like.

I think it's going to be a really tough Rd because what are you going to do? Like how, how do you make this work? This is what's really, really going to be tough.

Man, I don't know. Come on, what's up, man? How are you?

What's up? What's up? How's everybody doing? Seems like I'm.

Missing out on something?

Do you own a maxi or not in the NS maxi?

I do own them actually. So what's going on?

Did you see the proposed so check up top?

Wait, I because I haven't had the time, so I'm I understand that this is about like talks about trying to create a new token.

For the collection.

No, no. So they're not creating a new token, they're just token gating a site where Maxis can go and they're gonna, they want to create a hub that's token gated. Meaning if you own a maxi, right, like you have access to this resource, which I think is a great idea. And then that resource right will teach you about voting in the Dow, teach you about the Dow and everything else. But also they're talking about.

Which doubt though.

The ENS Dow.

Hmm.

Now what they talked about was purchasing $10 million worth of ENS token.

Who's they?

The ENS maxi founders Undocks.

So I don't know who, but just.

They they got 10 million.

OK.

I don't. I don't know. I don't know if they do. I doubt that they do.

I mean the.

I honestly, but you never know.

Yeah, I mean, you never know, that's for sure.

So we're talking about voting and how it would work.

So it's theoretically if they do, let's say by $10 million worth of ENS tokens.

Who would have controlled then on behalf of the Maxis?

So the Maxis would then create their own Dow, I would assume, right? It's kind of what they were talking about in the other room before they started talking about Dicks on foreheads.

So what? OK, so if they're going to create their own dial, then why would they want to buy into the DNS down or the DNS?

I mean.

Because, because like, what purpose does the Dow serve, right? It serves a community. And that interest now gives us a voice. Now would give us or the maxi holders or voice a much louder one to put put forth a proposal, right? Like you need 100,000 tokens just to put forth a proposal. And that's only a limited few. Because essentially the way the S Dow is set up now, it's pretty much in the hands of about it's a four to six people, maybe.

Right, they don't really need much.

More that if those four to six, let's just say, are agreed on something, then you're good. You know what I mean? They can put forth a proposal, they can pass the proposal, it passes quorum, they can issue it, and they'll pass it, right, with nobody else having to vote. So no delegates, no nothing. I mean, they have enough votes, but this shakes up the balance of power.

So you're saying it gives the Maxis a voice in the ENS stuff?

Correct.

Oh, in that case, no, that's a pretty good idea.

OK, tell me why.

Absolutely. I mean if the I mean the NS Max as far as I know is a zero like fees 0 royalties your everything and the Mint was free. So the fact that it was made it was able and is still able to keep you know the volume going keep you know the.

The number of transactions going, I mean I think it's pretty cool. That's actually why I bought in as well because I was like I saw it when it was actually at like $40.00 and I bought in at 110, so or maybe even a little bit more so.

OK.

I mean, I think it's a project with the concept of it is pretty good.

The idea of it, the morals, what it's preaching is pretty good and it suits a specific audience, you know what I mean? Like, if you have a maxi, then you've definitely heard of any and you know what I mean.

I mean, sure, some people don't, but those are like what, 1% of people sometimes who pass through so.

Now go ahead.

OK. Well, I don't want to get into the weeds on that one. I was going to ask you another question. But overall, so like, so no, no, no, I don't want to ask it. So let me ask you this like in terms of voting, right, how would voting work, right. Would it be how would you have the voting work? Would you have it be 1 maxi, one vote, one wallet, one vote? Like what? Like in terms of voting mechanism for their down and how we would actually utilize those tokens, what would you say?

All right. Actually I understood your question how I would do it as I would check the wallet and how many maxes it holds.

OK, keep going.

If that makes sense, and I mean I'm not sure the metadata, I'm sure they have weights to them, you know what I mean? So based off of some for some for some, sorry, some form of metadata calculation, you know you can calculate the weights and find out you know, like give it a rarity score.

You know what I mean?

And then assign the votes to assign the.

So the rarest, the rarer ones would have, the rarer ones would have a higher vote.

Yeah, but you can do that in ranges as well, you know, based on so you're like, so one like if you have, if the wallet has a let's say a rarity score of 0 to let's say 100,000, then let's say if the maximum is like 1.5 million or whatever, you know, then you know you have one vote. If it's from 100,000 to 250,000 then it's like 2, you know, because the scores would have to be in such a way that you know you can tell what a full.

Like Ultra Rare number one kind of NFTS.

You know, so you can use weights to basically balance out the votes.

Hmm. But like, how does, I mean, is that an efficient way of voting? Like does that give everybody? And I know there's no perfect, like there's no silver.

Yeah.

No, that's just like one way. You know, you can, there are other ways that you can. There are many ways. I mean if we could have a long discussion about that but.

You could do it.

Give me another way that, give me a way that doesn't weigh it towards a heavy holder, right? Somebody that owns 500A thousand 2000, let's just say of a specific of a specific token and one that.

Are you talking about the tokens or the NFT's?

The NFT's are the tokens. What do you mean?

No, because I'm like I'm considering the steak as well.

All right, put it as I got you.

Umm.

Oh no, no, no, no, no, no state, no, no staking. But this staking, I don't know where that came and forget that. I mean the NFT, right? The actual NFT, the token, the non fungible token, right, that sits on the blockchain like that NFT, right. So if we're talking about like how many in terms of voting, is there a way? What's up? Or maybe it, what's another way maybe of potentially voting instead of Rarity score?

Another way is keeping it simple. You know assigning each wallet like with the total number of NFT's and making HFT one. You know if it was all simply, you know like 3 means no creator fees, no royalty fees that means.

Everyone is the same technically, you know, so you can pretty much count each vote as one and then Wallace that have three, we'll have three votes. You know, Wallace that have 10, we'll have ten votes. You know what? Because at the same time that just makes it flat out fair because if I bought 10 Maxis alright, then that means I invested more into the project.

But you didn't buy them. What if you minted them for free?

That still has discussed the same thing at the time. I'm still the owner, whatever the conditions are, you know, if I bought them, then I bought them. If I'm into them, then I, you know, I got into it early, you know, and that's.

But that's not really a vested interest though, is it right? Like.

You know what I'm saying?

I mean, that's the thing how that's the thing, you know?

Why would that? My question would be why?

For this very reason.

That's my question.

No.

I mean if if if you're talking about like.

Because I think at the end of the day there will have to be some form of, you know, delegation, there will have to be, you know, you can't have 10,000 people or I mean even I don't know how many owners, there are unique owners.

But you can have still 1000 or 2000 people all wanting to say something at the same time, you know, you know that it's, it's. I mean I do think that there would be people and not myself at all, but I would think that the people who are invested most into this project should be like the spokesman or spokeswoman of this project. That would seem fair. You know, if I go into a community even if I'm like new to it, you know, and I go in and I buy a lot of their NFT.

I'm I am investing into their project and so in the very you know significant way so.

I do think that does count different to somebody who only has like one or two or three, you know? Yeah.

So let me ask you.

But I do think, like, that's the thing. If the project is good, which I do think it is, you know, the Community should all be in, you know.

Agreement with each other, you know what I mean? That's the whole point, you know, so that the people who are at the end of the day, you know, going out there and representing, for example, ENS, Maxis.

Those people, you know, have to also hear out the maxies themselves. That's would seem right, you know, so.

Interesting. OK, so how long have you been actually holder for?

Not long, I think. Just under a month.

And you?

Oh, OK, got you. You feel you've gotten enough exposure to like the different sides of like, like there's different like maxi spaces and everything else. You feel like you've gotten good exposure, like to a bunch of them?

Yeah, I've been in a few spaces, so some of them have been quite funny and some of them have been quite beneficial. I will say that. So if anyone here is for the first time, I would stay.

Nice. No, that's good.

And.

And yeah.

I mean, So what do you make of like founders not being doxed also, right? Like I think not having doxed founders in terms of PFP project and then in terms of something like this?

Look, this is a really funny subject because.

I'm gonna pull up the sun bank and free case for a second here, alright?

Did you see who did their audits?

Know who?

It was. I can't remember the name of this company, but when they looked up the details of the company that did the audit for them, their address was in the metaverse.

The same way that they were using QuickBooks.

Yep. So correlated to this.

I I can't. I cannot make this shit up. You know, like the it's like the more you learn about the stories, like you know, the more the crazier it gets. But anyway, you know, so I think Web three is look, the problem with Web 3 is that it's hard to regulate, you know, because essentially if somebody with the knowledge can at the end of the day do it, you know, yeah, they could get caught.

Like promos probably will, but that could still take time, you know?

I think if you want to build a successful project, then you know you do have to be very transparent. You know you do have to, you don't have to be really be worried about, you know, hiding yourself. Because if you're worried about hiding yourself, that means you already know you're doing something wrong. And if you know you're just in it, for example for business, all right, you know that's nothing wrong in that. You know you're being straightforward with yourself. But if you are saying somethin

Actually happening that, that's when you know you're gonna have a problem. So.

I think you know, if someone can be transparent, then that's better. You know. It's better for you know.

In terms of networking, in terms of customers, in terms of investors, in terms of everything, if you can just be transparent with what you want to do.

And, and not everyone will agree. Some might, some won't. That's life, you know. But at least at the end of the day, no one can come back and say, oh, but you might have done. Or, you know, they can try to start.

I don't know, talking crap or anything like that, you know, you eliminate that from the beginning.

Yeah.

I mean, I agree. I think it it really does.

It'll I mean if we're talking about it for this project specifically, right, because I don't want to talk and just hypotheticals and whatever. But like if we talk about for this project specifically it's well damn like 10 million bucks is a lot and that if that is going to affect and because I own a lot of ENS domain like in the ENS names.

Right. Whereas like.

But wait, wait, are you talking? See again, you said the NS names I'm talking about like Maxis.

Ohh.

No, but you know, 100% Maxis. But what I'm saying is now I'm taking it, the next step is if the Maxis buy $10 million worth of token, they now have a very significant saying, what happens to my ENS bag, right, my domain bag, correct.

What?

How?

No, I wouldn't say that. I wouldn't see why my no, no, no, no, no. I mean, look.

Uh-huh.

If let's say a group of 10 people invested 10 million ENS, ten $10 million into ENS on behalf of the Maxis, you know, and now the Maxis have a stake in the NHS staff, right?

Howdy.

Those ten people, I wouldn't mind. Like, I wouldn't have anything wrong, you know, with them representing us. But at the same time, you know, that's where I don't feel like they would have anything to do with our DNS names, you know what I mean? Because if that's happening, then we should be getting something from the tokens, right? Because what's the point, you know?

What do you mean? Getting something from what? Tokens?

That's the same thing. What do you mean? I'm taking or like having our names?

You know what I mean?

Hold on, I.

There. At the end of the day, this would seem right if they wanted to, you know, give them Maxis.

Yeah.

A voice in the ENS style, you know, as a community, you know, but they would have nothing to do with my names that would have my names are my. Why would you enter my names? You know, this is something you're providing for. This is something you're providing for, like a community.

What do you mean you don't think? Yeah, yeah. And they're not directly correlated. Hear me out, hear me out. So they're not directly correlated, right. And now you want to say indirectly, but just one degree of separation is if you have this kind of a vote, right, that you can now influence decision making at the highest level, right, in terms of the ENS Dow, this can obviously affect, right. If I look at it and I want to put up, let's say a proposal that says I want to normalize like one in two

Like one and two character names. Now all of a sudden one and two character names are on, and I spent a shit ton of money on my minimum 3 characters. Look, could that happen? Sure, like with anybody that's in power, right? But in the event that, let's say they have it, what I'm saying is now there's just a new player in the game that we obviously now have to take a look at, right? Like there's a new player, right? That's like, man.

OK, like now these guys or whoever it. Now here's the thing, I actually have a a person that I can go to here within the Dow and talk to, right? If it's Nick, right? If it's one of the other, like like James at fire, Eyes down. Like there's people, humans that I can talk to, but without being a docs team, who am I going to go talk to to see like what are they about, right. Like what if they decide to do off chain voting and I can't see the votes, right?

Like.

Sure.

NFL channel, can I stop you for a second? I'm sorry, because I I'm not disagreeing with any of what you're saying, but that's what I'm actually confused about. Like you used. What are we disagreeing about? I agree with what you're saying.

Oh, I don't know if we're disagreeing. OK, so maybe we're agreeing and like, so that's that. But what I was saying is.

That's yeah, but it's the question, is the question you're asking like who are those people going to be?

No, my question is like, I'm saying if like because they can have a potential effect on the value of the ENS domains that I currently hold right for, right? Because if let's say they introduce 1 character, 2 character, they introduce any proposal that they want that can fit whether it's negative or positive or it could be both. It has, it can have a potential effect. I'd like there to be human beings that I can go talk to. Are we in agreement there?

All right. This is how. Yeah, yeah, I totally agree. And now I understand what you were asking. And so this is how I would solve it, right? So let's say.

There's a proposal set forth to the NHS staff and let's say you have four options, right?

Correct.

Each owner. So each wallet owner gets to vote based on how many ENS, Maxis, they have nothing to do with the names, right? Just the Maxis, right? So if I own 3 Maxis, I get three out of 10,000 votes, you know, if I own one maxi one, if I own 10, it's 10, you know, and of course those, the top ten or the top, you know, whatever will be representing us and we will know who they are, you know what I mean?

And then basically our submissions would be what's what I think should be the ENS or like the ENS Maxis, you know?

So let's say if.

The NS maxes were all to vote for the third option, you know, then the top ten people would take the third option and vote with that on the Dow. Does that make sense?

Exactly. Yeah, that's that's exactly, yeah.

Yeah. So maybe the part I left out to give it context was the Maxis would then create their own Dow, right. So then ultimately, we would just be dealt like we would vote internally as Maxis to delegate them to obviously go like make the choice on behalf of the Community. You get what I mean? Yeah. But here's my question.

Alright.

And like the like, let's just sit. Because if I know and this is where it's always going to come down to, right is.

Yeah.

Like the voting scheme within, let's say, the ENS, Maxies, Dow right, is it like, do you feel that the number of votes means the number of maxes that you own that should hold like supremacy?

I think, I think, you know, if you wait out of 10,000 votes, then to keep things simple, you know what I mean? Yeah, keep it 1 to one, you know. I mean at the end of.

But what if you know those? What if you know the the the scales are tipped in that sense because we know that somebody owns that is publicly known at least 1000.

Yep.

No, that's the thing. I guess we should be able to trust the people. You know, that's who are creating these things, you know, so if these people, you know we are going to be delegating them to go speak on the NS style on our behalf. You know, there has to be those people have to be well established within the Maxis community.

You know what I mean? So.

Define well established.

What's that? Sorry.

Define well established.

Yeah, I mean, like, no people you know who are known, you know, like who are well known, you know, who are people who do this stuff, you know, every single day, like more active than I do, you know?

People that you can trust. People that you can ultimately quote trust to make a right decision, right?

No of sound mind.

I wouldn't say people you could trust because that would be, but I would say people that you see coming here on a daily basis, you know, really putting their time like actually like you for example, you know.

Good point.

Like, you know, people who are really invested into this, who who have been in since day one, who haven't left, you know, who keeps showing up. Those are the kind of people, you know, who keep tweeting about it. Those are the kind of people I would want to, you know, represent the community because at the end of the day, it's web three. I don't know anyone. You know, realistically, that's, you know, yeah, we talk every time, you know, and that's sometimes you get to get closer with people. But I

Blue.

Yeah, I Yep. I think you just kind of proved my point because for me, I agree with you, right. I agree with you wholeheartedly. And my thing is where I have a very, very tough time is if I know that those people are not even close to quote community. Whether you want to use leaders or like like they're not forces for they're not people for good. It's almost like a very self-serving interest, right. And this is in other words, and I don't want to make this a personal thing.

But if I know, let's just say for example that like or rather I don't feel comfortable with that. I guess that's the perspective that I'm talking from, right? Because I know like I see with my own two eyes and I hear with my two ears, right. Like what goes on? And I just, I don't agree with a lot of it. Yeah, go ahead. What's up? Come on, come on.

Oh hell no.

I honestly think it's a great initiative that people want to put 10 million into, like something for the community. But honestly, if thought about like if you invest the same amount of money into a Maxis token with a different style, tokenomics, there's a really smart one, I know. But if you think about it right, the Maxis. No, no, no, hear me out, right. Think about it for a second. The Maxis themselves, like you know, the people of the community, some of them have some really nice.

Means, right? And think about it, if all of the maxes combined, you know for example created this like.

Bank of domains, that's exclusive only to the Maxis, you know, with a Maxis token that could have, you know, an AirDrop to holders for example. I mean with 10 million you could do a lot, but damn, you could create an entire blockchain, I mean.

You know what benefit?

You know, just think about it. Instead you would be privatizing a club, or not a club, but like the community of actual ENS people, you know what I mean?

But what I I see that, but what benefit would that have for me as like the one person who holds one maxi, what would what benefit would that yield?

Well, you're part of the community. Hey, I I I only hope.

But I'm part of the community now though, right?

Yeah, I mean, that's the whole idea, you know, you wanna have.

That's the idea of a community. It's more exclusivity, you know what I mean?

So I disagree with you on that. I don't think it's exclusivity, I think it's more so utility.

Then why do we set limits to the amounts?

Ohh.

We, well, I mean the the amount, I mean we don't have to set any limit, right? Like if somebody wanted to come on board like I would sell 50,000 Maxis, right? Like why did they limit it to 10,000? I don't know. We could debate this like those existential things all day long, but.

No, no, no, no, I know.

I mean no, the exclusivity isn't a bad thing. You have to understand that's, that's it's.

Available.

It's just.

Never mind.

What what I'm saying is like exclusivity, maybe exclusivity isn't the right word, but like ultimately like because exclude like it's like just us, right? Like if we hit 10,000 because that number is at 10,000 now it's like, oh that's fine. Like it's not that bad a word. It's exclusivity. But if it becomes 20,000, right? Like cause ENS, I'm hoping it's going to be a lot bigger, right, a lot lot bigger and everybody needs to feel welcome, right.

How many unique holders are in NS right now, do you know?

Not a lot. Ohh in the Maxis.

No, no in in the the ENS.

Names.

Oh, unique wallets. I'd have to look. I'd have to look on what's it called.

On doom.

Hold on, I'll check.

I know that there is.

Oh, by the way, ENS vision tomorrow. I got furian on. So if you guys want to come through, it's at 10:00 AM Pacific Time.

Yo.

Yes, Sir.

There's 595,831 owners.

Yep.

But only 23% unique owners.

Exactly.

Right. It's almost like like. Think about the maxies too.

We over minted this stuff.

Just a bit.

We got excited, right?

That means in order for us to like, I don't know, I don't wanna say break even, but like, you know, break even in terms of names to wallets, everyone has to bring approximately.

4000 no more.

Hold on.

Hold on.

I did it for me.

About four people for yeah, about 4 1/2 people.

Hey, not to say that it can't happen, right? But.

I don't know 4 1/2 people.

Yeah, you're you're making me mad. Reverb. Thanks coming.

Yeah.

I mean, this is going to be a really interesting topic for Jace to come. It really, really is. But the one thing I want people to kind of like keep in mind is like, look.

This is the kind of shit like where you have to look at everything, right? I'm not going to influence you one way or another. Y'all know already how I feel about certain individuals, right? Like the founders not being docked. I kind of understand that this is the initiative they want to pursue, but I'd feel a lot more comfortable if they were. I don't see why that you want to keep kind of operating in the shadows when you don't have to. Yeah, go ahead. What's up going?

No, the problem is.

Tell me.

True.

The whole hype of sub domains haven't hasn't even started yet. You know what I mean? Like we've gone past the palindromes, the emojis, you know the Spanish, the Arabic, you know the Chinese numbers.

Yeah.

You know, we haven't even gotten to, you know, a hype of subdomains, you know, so I feel like it's just gonna be a keep like.

Yeah.

A cycles or some sort of hypes, you know what I mean? Because if you look in the expiring domains, you'll you'll find a lot of emojis, a lot of Arabic names, sorry, no digits, you know, a lot of Chinese digits. You'll find a lot of really good stuff expiring, but it's almost like people minted too many in such a short amount of time and forgot, like renewal fees, you know what I mean?

Yep.

And then the market happened and the crash happened. Things didn't go their way, you know?

Yep, 100%. You're right. Like, there's probably a ton of people that are out there just like that. But I think it's also important to keep in mind, like looking like those, those people are going to learn their lesson either way because the market's going to do what it's going to do, right? And they're going to either adapt or obviously, like they're going to have to, like, eat it. You're going to have to take some losses. Like that's just the fact of the matter, right, but.

Exactly. We're just, we're just surfing the wave. That's what we're doing.

Yeah, I, I, I that's all I wanna do is obviously surf the wave. But this $10 million in ENS tokens can make that weight come crashing down or make that way much, much bigger. I'd like it to make it much, much bigger so that we get to our destination sooner. But I.

Can I ask what are the tokenomics of the CNS like the function? Does it have any like special?

It's just governance. It's just governance. That's it.

There are like it, there's 80 million, I want to say.

We're making that up no even or 25, no 100 million, a 100 million.

Yeah.

Bro, why would you do that? No, no, no. Why would not? Actually, I think if we like, because the token I was thinking for the Maxis was basically a royalty token. Do you know what that is?

I'm not talking about the Maxis. No, I don't. I'm just talking. I'm talking about the S at the ENS token itself.

Yeah, yeah. But hear me out. Imagine a royalty token instead for the NS Maxis, right? And basically, do you know how many NS, sorry, a royalty token functions?

No, tell me.

Alright, so the idea is right, let's say.

Basically you set the normal parameters for an ERC 20 smart contract and you know with the Max supply, total supply and all that stuff. But there's also a function where you know you can send or make it a rule that 5% of each transaction goes to the liquidity pool of the token and instead not burnt.

You know what I mean?

You have it, that's that's part of the.

Where's the money coming from?

No, that's not. I mean if if the liquidity pool isn't being touched, you know, then yeah.

It's, it's fair.

You know.

OK. But then what am I ohh? So what am I doing with the liquidity pool? Are you paying out holders?

The idea isn't that. The idea isn't that that. The idea is that every time someone conducts a transaction, 5% of that transaction amount will go to liquidity, thus increasing the value of the token for all of the holders. Because when everyone's conducting transactions, you know it doesn't have to be 5% completely to the liquidity pool. It could be like 3% liquidity 2%.

You're talking about the NS maxi token.

Yes to because why? I mean that's much more beneficial.

No.

There. Yeah, there is not gonna be a maxi token. No they said in the thing we are not creating an ENS maxi token. What I was telling you was an ENS Dow like the DNS protocol token is what we were talking about, but the maxi said that they were specifically not. Check out the the thread at the top and I'll read it to you on the bottom it says.

I mean if if it's not, then I mean they should go for it honestly, but I don't see why not.

I mean.

It's just to clarify, ENS Maxis NFT does not have any plans to create an ENS Maxis token.

Hmm.

Token gated in this case means that if you own any NS Max NFT you will have access to a holders only.

Voting slash proposal platform.

I think the devil's going to be in the details. That's what's going to happen.

I just really want to know who's putting 10 million into this.

I don't think anybody, to be honest. I think they threw that number out just to sound cool to if you want my honest opinion.

We've got 10 million.

Get like 10 million just to throw around. Come on now.

But I think people need to start asking themselves some serious questions and figuring out exactly who's who you know.

Yeah.

Attention what's going to happen?

Who are the people behind this? Because for me, I need to know who it is. I need to know like who they are, their body of work, their intention, what's going to happen, what's going to go on.

Yeah.

But I guess we'll see.

No, that's interesting.

Yep. Yeah, yeah, yeah.

So what else is going on tonight?

What else is going on this evening? Nothing much, man. Nothing fucking nothing much. Just listening.

Yo Argentina won.

That's in the Bible.

Yes, Sir. Go, go, go. Let's see, that was a crazy game, man. That was a crazy game.

Yeah, that's a fact.

Yeah.

Oh, this is his first.

Messi is officially the goats. That's it's it's over. I mean, the you know the debate, you're the lifelong debates, as you know when ten years ago it was 15 years ago. You know it's over. Messi's got it all now and you know the only thing he needed to Trump Ronaldo was the World Cup trophy. They all.

What?

Oh, this is Messi's first World Cup trophy.

Isn't.

Ohh, I don't know. I I'm not that big of an Argentina for soccer fan like to know. But that's that's amazing.

As far as I know, yeah, it is.

Nice. That's good shit.

Yeah, yeah.

Good stuff.

I mean, people were like at the beginning, like hoping for Argentina versus Portugal.

As a final but Portugal that got knocked out so.

Yep, Yep. You guys, I gotta shut this space down.

The ENS coin. Power to the people. I gotta shut this space down. I gotta go do a little bit of work on the IRL side of things. But yeah comma. Thank you will. I appreciate you. We've you gustus Tony a PSV and and studio. Thank you guys. Recording will be on my timeline whenever you want to check it out. Appreciate you, deuces.