GM GMM, my daily dosers. So good to see ya. We're gonna get this party started in amendment and amendment in a minute. I had too much eggnog last night. Let's get Clemente up here to co-host. So good to see you all. Hello. I see some, some weavings, some hellos.

Clemente will be up in a second to get the party start. What's up, Clemente?

GMGM let's fire up some music.

Alright.

Let's do it, go for it, and we'll let everybody roll in.

Let's do it.

All right. GMGM, everybody, thanks for the tunes. Clemente, that was that was kind of sort of thoughtful tunes you in a thoughtful place today?

You know, it's not always gonna be all getting fired up sometimes, you know, you just gotta chill out a little bit. Yeah, that one was put me a little bit to sleep this morning, but.

I love. I love it. Well, good to have you here on the show. Welcome, everybody. So good to see you. I've got a lot of interesting things to discuss today. News, interesting ideas, discussion points, and of course, a special guest. Ray, the CEO and founder of nine gag and Memelland and all the good things. So that's gonna be a lot of fun.

I'm seeing a bunch of you already in the comments. Love it. Please smash that purple comment button if you're on your Android or your iPhone. It's in the bottom right. Please say hello, get to know each other. The question for today, which I will actually let me go and comment it and then you can all comment.

As a reply is what area of Web three are you looking to gain more knowledge in O? I'd love for you to to get in the comments and share your answer to that. What area of Web three are you looking to gain more knowledge in?

Clemente my might might pin that up so you all can apply that or just throw it throw it in the comments. So would love to hear where you're coming in from that and this is where if you share an area that you're trying to gain more knowledge in and one of you sees that somebody wants to learn and you could help them, why not get in touch and ping them and and share some knowledge. So again.

Yeah. And this also, this also helps us just curate some of the segments, some of the pieces that we do and try to make this show as valuable for you all as possible.

Love it. Thanks, Lynette. I'm seeing some people already in the comments. Et birdie Christine. Crypto bull. Nice to see you all. Polka dot earth as always. Good to see you here. JPEG Lillian. Hello, GM. Daily dosers. Penguin flight. I love your cute little moon bird. So nice to see you. I'm just scrolling down the comments, seeing everybody who's here. Metaverse fantasy. Hello, Mihawk dot earth. Thanks for stopping by. We just got loads.

Of is a funny gift from Lauren. I love it from the Big Lebowski, so thanks y'all. I love having you here. Make sure to smash that comment button. Also, if you want to retweet the space, let's let as many people know about this space as we can and there's a PIN tweet up above. Feel free to retweet that. Tell your buds why you're here and we'll get some more friends in the space. Really appreciate that. Also, don't forget we are now on Spotify.

Uh, we're on YouTube, so if you missed the show and you wanna catch up or you just would rather listen to me at 1.5 speed, which is, I accept that. Then you can listen on Spotify or Apple tunes, Apple Tunes, Apple music, and you can listen to any of the past shows. Thanks to Clemente for helping us get all that content out there. And on the YouTube channel occasionally share some videos, so feel free to check that out.

But there is links in the pinned tweet, so I'd love to hear from you on that.

All right, uh, let's talk about perhaps for a second. Of course. Um, I feel like we we've started a pull up revolution here.

For better or worse, and appreciate everybody bearing with us. Yesterday we did drop a surprise pro app on the pop and post show just to to kind of help everybody who didn't. I wasn't able to mint and then I did a fun little space last night about eggnog. Didn't drop a pull out, but I had a fun time hanging out with you all. We talked a lot about various libations from around the world, a lot of Latino and Hispanic drinks, and it was it was a lot of fun.

O appreciate all of you stopping by.

I.

Ryan, for for Christmas, I'm gonna get you salsa dancing classes just so be ready for that Warren Gill ahead of time. Just know that that's coming.

I'm. I'm excited about that. I want to embrace my inner dance skills. I'm not actually that coordinated. I I just, I just have fun on the dance floor. So we'll see how that goes.

Alright, So what is this collapse stuff if you're new to this space, the daily dose is growing fast and and we're so appreciative of that. There's a lot of new folks everyday. So what we're doing is we're dropping a big project next year and we're building the community for that project and for the allow list. And the way you get on that allow list is by collecting power apps and a poem is a stands for proof of attendance protocol and it's a pop you get, it's an NFT you get for attending somethi

By attending these shows, uh, you can grab those two apps and the more pops you stack then that will hopefully get you on the low list. So that's what we're doing. The way we're doing it is by clues. So it's a little game. Download the Pro app app. It's on Android, Apple, and click mint and then click secret word and you're going to put in the answers to the clues. Now there's gonna be 2 clues. They're both. Both answers are digits. There's no no letters.

There's no spaces, there's no capitals, they're all digits. And you just smash those two answers together and that is the answer when it's ready to meet the first question, everybody.

A little bit of American trivia here. USA Trivia How tall is the Statue of Liberty? In feet. O in feet, how tall is the Statue of Liberty? And for fun who's been to the like the top of that. You know throw that in the comments. That'd be fun to see. I have not. I've always wanted to, but not done that. So that's the pop stuff today. I wanna thank Mr Benjamin for making some more art today you'll see it's going to commemorate inland and.

Hate us so that should be a lot of fun. O.

With that, it's time to move on to our first segment. So every day my team talks about the news, talks about the markets. We use mint taffy for analysis and data. And so we partnered with them to sponsor this show. And every day they read a valuable minthi market daily report just to give you all some data that you need. So I want to pass over to the voice for our minthi intro and then.

I'll pass it over to modify.

Ohh.

Ryan, I am sorry to say I do not have have the soundboard with me here in Miami, so.

Yeah, right.

I your voice, who are you? I I feel, I feel unsafe.

You're right, right. It's it's just, it's just not the same. But uh yeah, working, working on the road.

Thank you.

No, it's fine. You're still you still have that gravelly, wonderful voice. So nice to have you here. Hopefully your trip was was exciting, so let's just pass over them into five for the market daily report over to you.

Great. Thank you. Good morning. How's it going today?

Going great. Excited to hear the news.

Awesome. Let's check it out. The total 24 hour Market Volume 10.8 mil highest last sale Basie 9059 for 78.9 E the top three collections based on volume clone X getting some nice action. Thank you for that article. Lucky Trader 735 ETH traded for price of 8.75 ETH, AC 722 E Traded 4 price of 71 ETH and Macy's 616.

Teeth traded for price of 13.5 ETH. The top gainers from this morning's friendship bracelets up 30% and super ordinary friends up 16.7%. The top losers? Castaways Genesis characters. I believe this was an AirDrop down 60% and hate Reaper down 54%. Some noteworthy market updates Mad World announces the release of its ghost in the Shell X Yukio E NFT collection based on the 1950.

5 animated cyberpunk thriller and deadmau fives pixel inks announces an NFT AR scavenger hunt this week throughout Miami Beach. While the crypto market has been a little bit sideways, getting some nice action today up to 1213 for etherium around 3% on the day. And I'd just like to say that we have released a an app coin staking thread. So if anybody's interested in that, definitely check that out. Thank you very much and good morning.

Things went to I appreciate it. I actually retweeted that a coin staking thread. Tremendously valuable. If you if you all want all of the information about what's going on, when it's going on, how it works, make sure to check out that tweet. Super valuable. Thanks. So we've got some fun comments coming in to the question of the day, which is what area of Web three are you looking to gain more knowledge in seeing some interesting ones from Barbie, IP and other general applicable law.

The web three so a lot of a lot of a lot of learning that we all want to do around the law in regards to web three, ether C dot E said. Generative art. Both collecting and experimenting with my own. I've got a background of design and coding so hoping to leverage some of that to learn something fun and new. So again you all hop in those comments, smash that purple Comment button, help each other out, connect each other to each other. Another interesting answer was I believe Web 3 gaming and secu

We talk about gaming and tokenomics, but not the security that has to be implemented with it. So fascinating point, appreciate y'all bringing that up, keep those comments coming. It's a great way for us to see you all engage with you all in the audience quick. Hello to ray. How you doing, Ray?

Hey friends for having me.

Yeah, welcome. It's super late in your homeland, so I appreciate you stopping by.

Is OK? Yeah. I'm at Jen. Yeah. So I sleep late. Yeah.

You're always awake so just want to say hello. We'll we'll get to some questions and chit chat in a little bit after the Lucky Trader News, but thanks for stopping by.

So I was going to go to the voice of D5, but I I've been completely let down and very sad that we don't have the Lucky Trader song. So.

You could sing one.

Ohh God no it's no. Yeah alright, I'll try. Look at Trader has the new everybody. Yeah, so that was just out there. Never gonna happen again. So what is this new segment about? Lucky Trader isn't a super valuable app that I use for cutting edge timely news. Got the notifications on and met them at New York NFT NYC and said hey why don't you sponsor the show? We need some valuable news. So.

They're here to read the important news of the day. So over to lucky Trader.

Ryan, thank you and voice of defeat. We missed the intro song dearly. Can't wait for that to be back.

So wait, are you saying mine wasn't good enough?

Thanks.

Ohh, that was a nice runner up, but I'm not sure we'll we'll keep it for every day, Ryan.

I accept. Alright, back to you.

Alright, today's lucky trader top Web 3 News stories. Starting with the proof collective, the team shared an update on collector profiles. There are 2023 plans for art collections and other new features Monday afternoon. Moonbird holders will be required to complete their collector profiles in order to move in chain and the identity will act as a single sign on. The team also confirmed plans to release new art collections in 2023 under 4 banners GRAILS curated Genesis and proof collaborations ar

Launches experiences starting today, as the debut of product animus and its infamous egg AirDrop draws close.

Frank to God's announced major news coming Monday and did not disappoint as staking for youths launched yesterday afternoon, followed shortly by a second announcement of an upgraded staking process for D gods called D Stake in both project floors rallied 20% on the news.

Your pelago generative art marketplace will shut down on December 10th and founder Dandelion shared his bittersweet sentiment of being proud of the product and the team, but regretful that the marketplace didn't win market share. Dandelion plans to focus on art and QL in the near future, and last the familiar project shared a major road map update on Monday. The project, known for its dynamic avatars tied to crypto price oracles, will soon deliver a custom built discovery experience where you ca

Emote in real time, along with a mobile app slated to launch within the next two months and then 3D physical figurines coming after that. That's it for today. Ryan, back to you.

Appreciate it. Thanks, lucky trader. Restivo, I know you've got a quick little news announcement about Miami as well. Over to you.

Yeah, I just want to let everybody know that if you're in Miami, drop in, drop in my DMS lucky traders having a little get together tomorrow. Oh man, it's tomorrow. I'm sitting here staring at snow in Colorado right now and can't wait to touch down at 2:00 o'clock tomorrow. So yeah, it's tomorrow at 4:00 o'clock. It's a very small get together and we'll be having a little BBQ, a little tequila, it's from 4 to 7 and then if anybody's interested in doing a run.

On Thursday morning, just go ahead and hit me up in those DMS. I think it's always good to get together and get a little sweat in, especially after a night of likely consuming some beverages. Yep.

Restivo, nobody's gonna do that with you. I just just. Yeah. I mean, I think.

If anybody wants to wake up at 5:40 AM like like Ryan, no, I'm just kidding. But if anyone wants to do a little job, let me know.

I'll take it. It's community.

Exactly.

I bet there'll be one person. Yeah, I could get one running, buddy. That's OK. OK. But I know that a lot of people go to the meet up and it's after the daily dose meet up. So hopefully you all can come on by the daily dose meet up, which is tomorrow at 2:00. And I can't wait to hang out with you all then. So looking forward to it to both those. All right. Well, let's get into our special guest today.

We've got Ray, the CEO and founder of nine gag, who's obviously launching a very large project with captains. There's been meme land and potatoes. Like I bet you all know everything about it. But I just want to briefly introduce Ray and why we invited him on the show, and I'm gonna pass it over to him for a couple of questions. But, you know, I I've been following nine gag for a long time. So it was found in 2008. You know, it's over 14 years old. And so Ray and the team have.

Really put in the time you know and they've really built a very large business and a big community and as soon as I heard about them you know, launching head first into web three, I was very excited about digging in and had a one hour call with Ray. And we just chit chatted and and and made me even more excited about his plans for the future, the way he views content in Web 3 and empowering the actual creators.

And this was really excited about it and so wanna be transparent, the funds bought in, we bought quite a few potatoes and we're excited about the Captain's mint, so.

Wanted to get Ray up to chit chat we're not going to do sort of the typical wins the mint you know what's the price you know what's the road map because I I think it all you can be following along them to learn all of that things to be more about race take on being a founder and and and the direction he's he thinks we're going with this you know 9 gag has 17 million followers on Twitter huge huge community so really excited to to dig in and welcome him so.

Welcome to the show. Appreciate you being here, Ray.

Thank you.

Um, so before I dive into a bunch of questions around your take on the market and and where you think we're going, is there anything that you want the community to know about the upcoming mints or anything you want to share? If not, we can just keep rolling.

Nothing about the upcoming minsar. But one thing about me. I'm not a funny person, right? Although I run, I get. Yeah, but I'm not very funny. Yeah. So don't expect I can tell a joke or something like that. Yeah, that's all.

I love how literally you saying that is funny. So I think you're funnier than you know. But we we won't ask you to tell a joke. I mean, maybe. So let's let's just dig in. I'm really curious. So you had been running 9 gags since 2008. You've been through a lot of ups and downs. What is it about Web three that made you jump in?

I think there are a few things, but number one is some.

Umm.

How? How? Something that was not done. I would say ownable, right? And then right now, because of blockchain, yeah, you can actually own it, right? Digital ownership, I think this is going to be really huge, right? Because when you can own something, right, and you can sell, you can buy, you can hold, right? That creates basically a new dimension of business, right. I think that's #1, #2 is referee is a lot about ownership, a lot about.

Community, right. And not get, it's basically a community based business, right. So what referee is doing is basically 90% what Nick is doing every day. Yeah, but with a new model, right. So I would say that hey, we missed the ship to become a really, really big company. Web two, yeah, but we probably have one of them, the most equipped team as well as I would say mentality, right, to actually participate with free and try to build something with three.

100 I think one of the things that maybe excited about what you're doing is that you know by its very nature you understand memes and memes drive a lot of the culture in web three and online. So I think there probably is a bunch of folks that actually don't know a lot about 9 gag like they they've become aware of me land and potatoes and captains. But would you mind telling the kind of 62nd you know history of nine gag and and and what it is in case folks don't know.

Yeah sure. I'm we're starting again in 2008. The mission is to make the world happier right to put like simple description, it's a it's a cross-platform media brand that is focusing on funny pictures and videos and beams and stuff right. I think in the past we we don't call it we wear our platform for memes because memes are was kind of like for niche topic. People feel like hey memes is kind of like hey only the weird people only the the guys who live in their mom's basement.

Let's share memes. Yeah. And then and then after Facebook after more platforms, right. Develop, right, meme suddenly become mainstream and the guy who can talk in memes, who can say memes, who can create memes suddenly become the cool guys, right. And I think I might get was suddenly become cooler. Yeah. Because when memes are kind of like take over their whole social media, right. And then for meme land, basically what we are trying to build is that we were trying to build me man as a referee f

Social products are for example, I social 5 related products. That is some can leverage our community and also to build community, right? On the other hand, we are also focusing on creators and also other communities so that we can together to build better communities, full creativity, meme corn and also NFTS. Yeah.

Love it. Yeah I uh, I think you're very talented building community and and and I find your your sort of manner on Twitter Twitter interesting because you're very direct and very opinionated about protecting creators royalties and and being very opinionated about you know what projects should do in the future or what or really what mainland is going to do. So I have a question for you you know knowing what you know now.

And that what you've really learned over the past five minutes running five months running the project, what kind of advice would you give for folks that are are thinking about launching projects?

Thoughts. Ruminations.

Yep.

I wouldn't say advice right because yeah, yeah we we are fairly new. Yeah we are fairly new in this space and the space is moving so fast, right. So I think anyone who say that there are any of the experts, so basically they're bullshit. Yeah because no one no one really knows anything, right. So I feel like the my my feeling or my view is just keep learning right and then try not to fade a project of of teach an idea, right just just.

Because it's new. Just because you don't really like it, right? Try to understand why it becomes popular, why it becomes hot so that you we can keep learning from each other. Yeah, I think that would be mine. I wouldn't say advice, more like my personal view on the topic. Yeah.

Got it. Um.

I'm also curious, you know, there's just a lot of of negativity, slash, FUD, you know, slash, you know, confusion about, you know what's happening with the project and and and you're constantly having to deal with that. What is some advice you would give to project founders around how to manage that communication or deal with any negative sentiment that comes up?

I think there are a few things right. Number one is as a founder.

Ah, you have to care about your users a lot, but somehow you can't care about their opinion too much. Yeah, because The thing is, even as a user or as a holder, so they don't see the whole picture as the project team. That's why they may have their views towards what we are doing, right? So somehow as a holder, as a founder, right, you have to care about them, you have to listen to them, but somehow you also have to have your own direction or mission so that you don't get.

No.

Yes.

Tough timing.

Driven by the community. Yeah. Because I always feel like I'm making decision by community by committee doesn't work, right. I think in in the case in in building a product or in building an NFT. Now I think it's very similar, right? That's #1 #2 is, I mean, it's gonna flood, right? I mean, when we launch MVP, we minted it at Slide 5.3, EVE the second day that Luna USD exploded, right. And then people were fighting about fighting about me, man, right. Hey, but look.

Yeah.

I like that.

Yeah, tough time, right. But look at the the MP right now, right. Look at potatoes right now, right. I mean, we're still alive. We're still building, right. So, but doesn't really matter that much if you know what you're doing, right. And one quote that I really, really like is be so good that they can't ignore you. Yeah, I think that is very important. Yeah. Especially when you are building in a new area in a new tech, right. I mean, I think referees first, interesting because a lot of our hate

Hey, man.

Others in referee, but meanwhile right here we are only a small group of people, maybe I'm feel million people, right? So we should be staying together right? Build together to tell the whole world that kind of like fatty and fake blockchain or crypto that hey we're actually building something meaningful right. But somehow people always feel like hey NFT is kind of like 0 sum game, right? You're trying to extract liquidity from the market, you're trying to extract value from their community, rig

100 I hear you.

Yes.

Right, it's expected.

Or you basically don't understand the market as well. Yeah. So I think those are the things that we have to understand as a founder, right? Otherwise, you will feel very discouraged, right, because you would definitely see more blames, more fluid, right, than phrases, right. Because, hey, doing well is your job, right? If. Yeah. If you are doing it, yeah, it's expected, right. If you're doing something wrong, of course people will blame you. We will score you, right. So I think being a.

Ohh, good founder. You need to know what you're doing, right? You have to have enough confidence in what you're doing. Yeah, that would be my experience, yeah.

I appreciate it. It's interesting that that you point out you have to both simultaneously be empathetic and listening and communicative whilst also moving forward with your plan.

And ignoring, you know the opinions that are either misinformed or or don't have the full picture or have other goals. And I agree that's very, it's very hard. It feels like you have to be two different people at the same time. So I think that's an interesting point of view and the other thing is 100% agree and this is what daily dose is all about. It's about encouraging each other, educating each other, lifting each other up because we just we need to support.

Each other right now versus tear each other down. So I appreciate bringing that up. Clemente see your hand.

Yeah. Well, First off, right, I really like that that point that you brought up with like finding that balance between like not being community centric to the point to where like so community centric to the point to where you're just doing everything for them. And it's like super almost like short term. I remember Steve Jobs talked about this where he was talking about like designing the iPhone and like doing customer research. And one of the things he said was like if you asked all these custom

Until you bring it to them and they can feel it, they can see what it's like and that is really important, I think to have in mind when it comes to innovation is a lot of the times people are thinking short minded, they don't know necessarily what's gonna come, they know the bigger picture. So it's really important to bring their feedback and consideration and be mindful of it but also.

Right.

Think of the bigger picture that you have in mind with that, ray, when you look at, I'm very curious because Ryan and I were actually talking about this morning of like being a founder of an NFT project. Because it's extremely difficult because you're not only trying to manage a very young and small and starting business, but you're also like a public CEO, right, where you have like this stock price you need to deal with. So I'm very curious what kind of difference is or or maybe.

Some of the things that you've learned from running 9 gag for as long as you did versus starting this this project and some of the difference that you've seen as far as your day-to-day from from a CEO in in that web two company versus this web three company.

Bear.

Yeah, sure. I mean we've learned to your point, right? I'm no Steve Jobs, but one thing that about community or about users are I always tell our team that, hey, users are really good at pointing out the problem, right? But they suck at pointing out the solution. Yeah, that's why. That's why when we read the complaint emails, right, when we read the the so-called opinions, right. I mean look at what problems that they are pointing at, right. Those problems are probably the real problems, right?

Right, because they're not Porter builders, right. That's why they don't know what you should do. Yeah. But by looking at the problems, right, we should as a professional, right, figure out the the good solutions for them and explain why we make that decision. Yeah, I would say that this is a better approach. Yeah, it's kind of like how we leverage data, right? I mean a lot of companies they talk about, hey, there are data, the data-driven and stuff, right. I always believe that this is a wrong

To love it.

It should be a community informed instead of community driven. Yeah, I would say that unless unless you are building a down right, then it is community driven, right? But otherwise as a company that have a direction, have a mission right, then it should be community informed instead of community driven. Yeah, but back to your question, how do you, how do I see about building web two and Web 3 right? I mean in general being a founder should be hard right? Because you're doing something.

Solving a problem right that most people don't do because the easiest path is hey you find a job right? Join a big company or small company and then following orders right? I think that would be easy path.

Meanwhile, when you are trying to pick the become the minority right and become a founder, it should be hard, right? Because being the minority in all kinds of societies or industry, right, it is always a the the the harder path that, that, that, that, that is that's true for whatever topics that we are talking about, right. I think #1 #2 is being a founder, right, especially in web three, especially because you're asking people to give their money to you.

Right. And and if you try to, for example, in Hong Kong, yeah, there are some charity events that you can sell off small charity flag on the street, right?

Even if you ask people to give you $1.00, it's super, super hot, right? If you are in a if you're working, become a waiter in the past, right?

Right.

Uh, even if you ask the customers to give you more tips, it's super hard, right? And right now in NFT, we're talking about hundreds and thousands of dollars, right. Obviously it is hard, right? If it's easy, right, everyone would be launching NFT and everyone would become millionaires, right? Yeah. So. So I feel like people have a lot of wrong expectation just because we were in the bull market. That's why it feels so easy to meet our. It's feels so easy to get 1000 E for something like that, ri

Right.

Wesley founder is especially hot. It's being a founder. It's always hard, right. But the biggest difference in what two and what three? I would say that as some in web two, yeah, because you are building, I would say in private, right. So somehow most of the time the community, even if they send you feedback, right, you don't really have to respond to them right away, but for NFT, because you take the money first, right. So there is a responsibility for you to answer to, to everyone's questions,

And I think somehow that creates a change in dynamics becomes the community as well as the team. Yeah, that's why that makes the whole speed in in development, right, in in in important management much, much faster, right. And because in NFT especially the NFT degens are very, I would say short have a very short attention span. So you also want to kind of like grab their attention very quickly, right. And that also makes the whole communication as well as.

Hmm.

Ohh.

Not getting as well as port building, right are much more challenging. Yeah. So I would say that we have two. The challenge is more on, hey, how to get users, right and then how to get funding or how to figure out our business model, right, for NFT or for web free business model is kind of like baking, but somehow you have to increase your speed and increase your communication, right. You can't just hide behind your computer and tell people that, hey, just believe in me, right, because hey, I be

Right, so now go.

Already. Right. And I gave you money already, so you should be launching something. Yeah, that's that's my take, yeah.

I appreciate that, right. Yeah. Thank you. Boy, there's a lot of, a lot of pressure a lot of focus on on founders in public now and I I personally feel like you're navigating it quite well and communicating a lot, but also being opinionated and direct we'll we'll transition to some some some questions from folks on the stage.

And as, as long as Ray, you want to stick around, we'd love to have you here before we kind of transition those questions.

Why don't you do you wanna remind folks a little bit about what's going on with potatoes and captains?

Yeah, sure.

Um, yeah. I'm not sure what to remind about. Yeah, basically.

Check it out everybody.

I love it.

No, I mean, OK. Yeah, yeah. Check it out. Just check it out. I mean, go to our website, memet.com, right. I think we. These are all the minimal viable information. Yeah. On the website. So that if you don't read just like 99% of the people in NFT. Yeah, I think you can still have a good grasp of what we are trying to build. Now. I think what's makes memelland different from other projects is, on one hand, we come from a background of.

Shooting company, right?

Hmm.

Especially a very community heavy company, right? #2 is some to us, we see NFT as a good gateway to introduce a new kind of element in building companies together with the community, right? But ultimately, we don't believe that, hey, minting NFT doing air drops is a way to kind of like your business, right? But somehow we believe that this is a good and interesting way to build business and that's why we try to.

Leverage new technology, but also combined with our experience, right and try to build something interesting for Web 3 as well As for web two or basically for the world, right. I think that makes what makes someone a little bit different from most of the projects out there because we don't see NFTS the angle, it is only a mean to open a much, much greater role that we try to build, yeah.

Yeah, it's exciting. Yeah, I think some of the some of the things you shared is with your potential vision with me on on the zoom call are exciting and I think you know I'm bullish on like you said actually empowering creators and your ideas around that. So thanks for stopping by. Fun to have you here. I mean everyone is very excited about captains and and and where y'all where you're taking me and Lana General. So appreciate you stopping by. Let's go. We're eventually going to transition to our

Discussion topic of the day. But let's go to a couple hands from the speakers. But just so you can all be thinking about the discussion topic, we're going to talk about what is the best way for a project to build and maintain a community over time, especially when the price does not go up. So be thinking about that. That'll be our discussion for the day, but let's go to hands. Gene Parmesan, good to see you.

Hey, good to see you too. So, uh, Ray, I have a similar situation where, you know, I'm a TV writer, so people expect me to be funny all the time, and I'm not. I'm not always that funny.

I think you're pretty funny most of the time.

Thank you. I'll be in Miami, by the way, on Thursday. We got to connect. But yeah, I wanted to ask you, you said something about, you know, the attention span. I agree. Like, I think one of the things that's really tough about the NFT communities, like people's attention spans are so short. Like what goes up kind of must come down. You've seen, you know, I mean, the worst one was probably like Goblin Town went up so high and it looked it was going to be the next blue chip and then, you know, peo

You know, in all these conditions, whereas you've seen so many things be hot, it's almost like rap music where she's hot for one summer, they're hot for one, you know, one cycle and then they the next album flops where you guys have been able to have this consistent sort of, you know, I think, you know, even before Ryan invested, I was really into into potatoes. I owned the potatoes for a while around 1/4 it was like 1.6. So I I really like how have you been able to do that? Like what what is wh

If I share the secret sauce, right, then everyone can do it. Yeah. What's the point? Yeah. No, I mean, I mean.

The wait, wait, that, that. Come on, you gotta share. I love it.

No, no, no. I mean, I mean, yeah, just kidding, right? Yeah. But I think the.

I I mean there are a few ways that when we think about building our own collections right. Number one is you have to think from the holder standpoint you always have to have something ahead so that they.

They still have hope, right, because some I I think in NFT a lot of the the the price movements, right are based on speculation, yeah. And The thing is how can you manage the experts? I think this is very important, right. That's why I think in, in, in, in on our website, right, we mentioned that hey, we we have to under promise, right, and also over deliver, right. So on one hand we try to tell people that we are what we are building, right. But on the other hand we also have to kind of like ha

Or maybe white thing, one step ahead, right. So that, hey, when they feel like, hey, you kind of like finish all the tricks in your pocket, right. And then you tell them, hey, you still have some more new tricks, right? I mean this is the way that how you can kind of like maintain a relationship. Yeah. Because at the end of the day, building community is building relationship with all the holders, right, with all the members, right. So somehow you have to tell them, hey, I'm here for you. Yeah,

For example, in one box, right like Kevin Rozer, he always have town halls and stuff and that's why when we launch Mimi, we kind of like copy their playbook and hey we also have town hall so that hey whether it's like a rainy days, whether it's a sunny day, right, people still know that you are there, right. And that's how to keep up the community even when the prices are may not be doing so well maybe due to macro reasons right now. So I think I'm on one hand managed expectation, right on the o

That communicate well, I think those are the things that we try to do. Yeah. But of course as a team, as a project, right. You can't really control the price. Yeah. So I also always tell our holders that hey as a team we do our best right. But the price is not controlled by us if it is right. And this is, this is something, this is, this should be something wrong, right yourself something right. Yeah. So so we just tell them, hey if you believe in us just keep holding, right. Yeah we try to we a

Because most of the time for NFT people, it's it's more about whether they make the decision, right. If they make the decision that hey, I want to hold, then they will just hold. Yeah. So you also have to build in some, I would watch system to encourage them to do so. Yeah, it's kind of like teaching a kid, yeah you have to kind of tell them, hey why you have to keep learning, right. But also you have to create some tools to help them to to to walk faster or something like that, yeah.

Love it is. Are you thinking about these things because of your cute little new baby?

Oh, yeah, totally. Yeah. I mean, look, look, looking, looking at my kid, right, I feel like, hey, my baby is more mature than most of the people in NFT, right, because he, he has a very clear need there himself in NFTS. Hey, I also want to price to go up, but also want to buy price to go down so that I can buy more, right? But then when the price is going down, I'm afraid so that I don't buy, right. And then I keep funding, right. So. So, I mean, baby is indeed more mature than most people in NF

Right. I mean, this is like, yeah.

I think that's going to be the. That's me, the quote that comes out of this show. All right.

Yeah, it is like 50% joke but 50% truth as well, yeah.

I know it it's um, but yes there there is some truth there. I appreciate the honest answer and gene thanks for the for the question getting some more comments. I want to call out some of y'all who are commenting smashing that purple comment button. Appreciate you. We asked the original question which you all are still responding to which is what do you want to learn in the Web 3 space big zip energy said I want to gain more knowledge in the marketing area as well as the dev area. So very front a

And opposite side of the spectrum, really love that Bruce Hoffman said, looking to learn Metaverse Tech architecture. So I really appreciate you all popping in the comments and Sharon, what you want to learn?

Let's go to another question. I believe it was Dennis next. Hello, Dennis.

GM my JPEG friends. How are you doing, Ryan?

GM could all be your JPEG friend today.

Let's go and my dancing buddy pretty soon. Uh, so.

Yeah.

Yeah, watch out. I'm not. I don't think it's gonna be pretty. Just so you understand that it may be funny. But anyway, back to you.

Maybe we could just take the first half of your body and then the second-half we'll put someone else's. We'll do something fun.

Umm.

I like it. Yeah, that would be entertaining. But not in real life, though. Like, you're not gonna chop me in half, I hope.

OK, good.

Exactly. Yeah. Right. Thank. Thank you so much for being here with us today. I wanted to take advantage and ask you and we talked about this just a little bit, but my question is around public Rd maps. And I was just wanting to know like what, what, what was your, your thoughts on public Rd maps and maybe like thinking about the balance for your product team, but also like there's this web 3 expectation that we have of keeping people informed for the sake of like reducing human human anxiety.

That customers have. So I just wanted to get your thoughts on public Rd maps in general.

I love how direct you are, so it's the best.

I think our road map is dumb. Yeah. I mean that would be my short short answer, right? I mean, I mean, I think, right. Ryan knows it well as well. Yes, as a as a company builder, right, for for more than a decade, you understand that you have to have a mission, you have to have a direction, right. But basically road map is kind of like bullshit, right? Because The thing is you can't predict the market, but The thing is the things that you do is at least 50% affected by the market. Yeah, that's w

Well, that the description or even the term road map, right. It feels so wrong. Yeah. Because you don't even know the role, right. You don't even see the role. What's the point of the road map, right. But I feel like I'm this is also one of the reasons why I'm foolish in West three because when most people at least in the early days, right they still talk a lot about world map. Then you know that how how early the state is. Yeah. That's why it's kind of like in in universities, right. If you stu

100.

Yes.

This is competition. You have to write a business plan and stuff. The road map is kind of like that kind of business plan, right? But if you have run an actual company, you know, that business plan doesn't really work, right. And just like my Tyson said, right. Yeah, everyone has a plan until they get punched in the face, right. So. So I I feel like this is exactly like that. Yeah. So I think somehow, somehow you need to kind of like have a direction to tell people that, well, you're building, r

I know.

Enough flexibility, right to yourself, right, to your team to adapt to the market, right. Otherwise, hey, because I mean road map is a kind of like 100% loss gain on one hand if you follow the road map and then if you peel it out, that means there is no extra stuff, right? There's, that means there's no surprise, right, no present surprise, right. So you're kind of like losing your, your, your excitement, right? But on the other hand, if you mentioned the road map but you didn't follow it, then

People would say, hey, you didn't mention that before, right. So you're lying, right. And then your piece of shit, right. So, so somehow you are like in a total loss, you have a very, very detailed road map. But somehow you can kind of like tease that hey, this is your destination, right. This is what you want to build, but you have to keep yourself flexible. That's why we pick a private as a theme for for mainland because I feel like hey, sailing on the sea is actually very much like a building

Because The thing is sailing on the sea, you know where your destination is, right? But you kind still have to navigate on the sea, maybe because of the storm, maybe because of the rock and stuff, right? So I feel like this is the best analogy is you are actually sailing, you're not like walking on the ground, something like that, yeah.

Brad I love it. Gosh, alright, y'all. If we don't see some daily dose memes come out of this session with Ray, I'm gonna be very sad. I feel like there needs to be one of Mike Tyson talking about Rd maps. That would be ideal. So Ray, I really appreciate how direct you are. This is one of the things I was saying. I love how you're both communicative but also direct. So excited to see where this all goes. So a couple.

Fun comments that are coming out. First of all I asked you all you know has anybody been to the top of the Statue of Liberty and Tommy? B63 dot Earth has. They say GM dosers haven't been to the top of the Statue of Liberty up. He hasn't. Sorry. However I am going to my first holiday with my 6 month old son to New York in two weeks time. We're going to go to the on the ferry to the statue and Ellis Island but not climbing labor. Lady liberty. That sounds like a fun trip with your with your kiddo.

More interesting replies to the question of what do you want to learn in Web 3, Michael said I want to get into solidity and contract development. Love that.

Gosh, how do I say Cyrus PSYRIIIS said I wanna learn how to get sponsorships from some amazing companies in IRL hybrid virtual events. I am planning in Decentraland I founded seed of Virtual gallery event space. So trying to figure out how do I get spots ships for you know, IRL hybrid virtual events. That's an interesting topic to tackle. Another is from Sadiq who's on our stage.

We'll get to Sadiq. Hello. Hopefully your knee is feeling better this he said. Teams and community management. I have some background doing Web 2 hospitality and events and I feel it's already a good base, but in order to succeed in Web three, we can't ignore the intricacies and its differences. So I appreciate you all responding to those questions about what you want to learn Web 3.

After after the break, we're going to talk about our discussion topic, which is going to be what is the best way for a project to build and maintain a community over time. So let's we've got a couple more hands. Moshi, nice to see you. Can you ask a super fast question for me? And then and then we'll go back.

GM.

Yeah, GM Ryan, GM ray, GM. I wanted to ask a question raised up you, you spoke about how in the NFT projects we.

Put money in first and that therefore you're more accountable before you actually build something. But why does it have to be that way? Why can't we flip the script and build out a product? Build out a legitimate?

Set up before you go ahead and collect that money like you would with the regular business and just utilize NFT's as the technology rather than a fundraiser.

Good. Perfect question, Moshi. But before Ray, you answer, I've got to give the second OA clue. Y'all. So get ready. The question is, how long is an American football field in yards, including the end zones? So once again, how long is an American football field in yards including the end zones? It's a number is the answer. So remember the you're going to take those two answers, put them together, they're all digits.

I will, I will. It's. There's 6 digits totally all. So hit that secret word.

And Ryan, just to jump in real quick, uh, some people were asking how for the first question, the pedestal is included. So there's a difference in in height if you include the pedestal or not. So it does include the pedestal.

Thank you, Clemente. People are going to like you more now, so everybody get minting. The mint window closes at 18 after, so get hustling. There's plenty of supply. Don't worry, it won't win out. Just get your answers in before the mid window closes. And you know, but you never know what Power app. Maybe we're gonna have a problem today, so let me know if you have problems. Hopefully, hopefully you won't. So let's get back to answering.

She's question Ray, which is essentially, well, why not, you know, why not launch the whole road map before the project ever mints and therefore people know, you know what it is they're buying into what you have a thought on that.

This is indeed a great question. Probably one of the greatest questions that I've heard in a space. Yeah. Yeah. I'm not sure whether you want my official answer or my honest answer. Right. I give you both, yeah.

Combine them.

Yeah. The. Oh yeah. The official answer is because for NFT's, one of the good element is that you actually are building with the community, right. And then that's why if you can get, for example, like 10,000 stakeholders right, that means you get 10,000 ambassadors, right. That are working with you. So somehow mean thing first is a good way to help build your product. Yeah. And also if you can get like 10,000 people as your beta user or other users, right, for your product.

I think that helps a lot. Yeah. Because most of the founders right in traditional business, basically they are they, they, they are building products that no one use. Yeah. But in NFT if you can pitch enough people and then they're willing to bet their their if with you somehow you get a good user base to kick start with, right? For example, in NYC, right there's a great advocate and say hey try to build something, try to make something people love right and then try to make something that 100 p

People to meet, right. You basically get hundreds and thousands of people who love your product enough to give you money, right. So I think that is very powerful and that also helps a lot of company, a lot of new ideas, right, that validate that kind of like gather funds up before they they actually build their product and then they can shape the product more accurately. Yeah, that would be my official answer. Yeah, my honest answer is, hey, as a founder, you're building company, right. And then

And then get people to give you funding first. It, it shares your risk, right? Because hey, if before the NFT means basically you have to use your personal money, right? Or your mother's money, right, or your friend's money, yeah. But somehow with NFT, you can't like share the risk because you get good enough fund to to kickstart the projects, right? I think the biggest issue is not because people get the fund first. Yeah, the biggest issue is how come most of the projects when they get there.

They didn't do shit right. That would be the the biggest issue. It's kind of like Kickstarter, right? Crowdfunding is a is a great model right? But the the issue is how can most of the projects don't deliver right? I think this is something that can't be solved in a short time, but over time when people understanding more about the mechanism, right? And then they kind of see, hey, which one is a rock and then maybe people would have a better way to invest in NFTS as well as other projects, yeah.

Thanks ray. I appreciate that the official and the honest answer and the answer is messy right? But I appreciate the feedback on that. We're actually gonna transition to our discussion topic, keep things rolling, keep things fresh. So I just posted a poll that I would love you all to answer and the question is what is the best indicator of a web three community strength, Twitter, discord, or other? And then a reply. Your answer? I'd love to get some feedback.

From you all and and really appreciate you being here. Please stick around. I've got 10 more minutes to go to get deep on this discussion. So the question, the larger question is what is the best way for a project to build and maintain a community over time, especially if the price is going down at the moment. So let's go to hands, Gentle tornado, good to see you. Do you have a thought on that?

I love it. Bring it.

Whoa. Yes, yes, Ryan. Fuck, man. I was so fired up. Ray is just an absolute gem. Ray, I know that you're a fucking kid is about to be a fucking gangster, dude. You're an absolute gem, man. Yeah, I think so. I was fired. I've been fired up today. There was a high energy. Yeah, I think right now Twitter is important. But I think, like, both. Like, I think Discord and Twitter is very important to have a community and then like, that kind of translate translates into IRL community meetups or IRL eve

I love that.

Thing that builds a community to be super strong. You know, I think early days, Discord was the thing. I think how to build a community, to be honest, is like just customer service. And like even when price goes up and down, like being there for your customer, you know your holder and providing that level of service. Because like everything's not going to always go good. But if you're there for people and you can provide customer service, in a world honestly where we're like customer service is

Yeah. Gosh, customer service, it is interesting. And I remember actually one of the earlier hires we made at Roof was ahead of customer service and realized, hey, we need to serve everybody across all of these platforms, discord and Twitter and IRL and really trying to connect the dots on that. So I love your take, General tornado. I also love how we go from like a PG space to kind of a fun PG13 space whenever you hop on stage. So I love it. I appreciate your energy and your positivity.

I just say over and over again, like, let's just support each other y'all.

This is really hard. O let's be kind. So I appreciate you being here. So again, the topic we're discussing is what's the best way for a project to build and maintain a community over time, especially if the price is not going up. Interestingly, so far the results on the poll, which was, you know, how do you measure a community strength? 60% of you said Twitter versus discord, which is interesting. 233 votes on that. Let's go to Sadiq. Hello. How is your knee feeling?

GM.

Hey, Jim, Jim, Jim, Ryan, pray Clementine, everybody else on stage and everybody else as well. My name is doing good. Thank you very much for asking. Still not feeling a lot of pain from the surgery, but I guess it's just because like the real deal meds still flowing in my body. So that's.

Yeah. So good luck.

That's why I'm not feeling it up, but hopefully things will do well and regarding your question, best way for a project to build and what not.

Uh, momentum during the time, during overtime, I think that actually we have a few good examples already in the in the space. But in general terms, I'd say that the first thing to do is to build a Community first, but build a community by creating the desire for people to be a part of that Community. And you do that by delivering good value, good communication and a solid foundation.

Hey, sidiki, think you're Mike skin. I think your mic's getting covered.

Sir, can you hear me better now?

Oh, there we go. That's great. Yeah.

Ohh, I think we lost you.

OK, sorry. So as I was saying first step like we already have a good examples on going right now in this space is to build a Community first and build a community by creating the desire for people to be a part of that community by delivering good value and good communication and a solid foundation for people to feel part to scaling.

Or is it me? Ohh someone is. Was it your it was it your mom? Because you should. You should take that.

Yeah, sorry. Delivering good value and delivering good communication like like I will like Ray just said as well and a solid foundation for people to be want to be a part of that like for example one example is daily dose, you still haven't.

Interesting.

That's before.

Launch the NFT. But the way that you built the space and the way that you built all the daily dose community and the people wanting to be here, wanting to share good news, good vibes and wanting to talk and to hear good people, I think this is already when you launch an NFT, it will be just another step on the process. So the community and the project is already built. It's not around the NFT, but it's around the added value of of.

Yeah, I appreciate that.

The whole right and we have no thank you. It's it's it is what it is. And like I told you actually last night, I think that you're doing this quite well and other projects are doing it as well. Ray with Memelland is also my opinion that they're doing it well as well. They have the good base of the of the community that they already had from 9 gag that helped a lot in the start. I'm 41 and I've been using 9 gag since its inception.

Size.

Yeah.

Yeah.

So it's community building a community beforehand.

Yeah. Thanks, Sadiq.

To make me happy when I needed it and to me provide me with good laughs. And it's a lot like Ray said as well. It's not. It's not about the memes, it's about the funny content itself and being able to share that funny content with people and tell people this is where I got it from. And on board more people from then. So you build a community, yeah. Building beforehand, yes. And then the the community itself become ambassadors for the project, right.

I love it.

Thank you.

I love it.

Yeah. Thank you.

I I'm actually, sometimes I'm like in my DMS, my group DMS people are like, hey, I saw you in Ryan space and I'm like, yeah, I'm there now come join because we feel that this does provide value after delivering the product, the part of the utilities already built, right, because it's been already done. And so the NFT is just another step on the process. Thank you.

I love it. Yeah. Thanks, Sadiq. I it's interesting because you're pointing out that, you know, all of us want to walk into a building and and have this warm feeling that there's people there that like us, that it's safe, that it's friendly, that people will help you if you need help, that people will be honest with you when they need to be like, they'll be supportive. Like this is what community is.

Like this is what we all crave, you know? And I think building that community, like you said before, the project even exists to me seems like a logical idea. Like make a place that people want to be like period. And then layer value on top of that, right? But versus the foundation being, you know, I want something, the price is gonna go up, you know, make something where people feel loved and supported and and and educated together. So yeah, that's that's what we're working hard to do.

Here and and I I can't tell you how much I appreciate you all being a part of this.

O some great comments come through just to read them really quick dripped all night. I was talking about you know Twitter versus discord being the measure of community strength. They said both play a critical part but they are not. They are not necessary. It's all about how your community interacts with one another to show a strong foundation and I think another good comment from Kenny Powers sides on Twitter. So they said definitely Twitter. I feel like discord is the place for essential behind

Full for the project. But Twitter is where you reached the projects gospel. It's where you get the most exposure. Projects can definitely survive without discord, IE Goblin Town. O really good comments. Y'all. We're gonna run out of time. Let's go to a couple of quick comments from folks. Hunter, good to see you. Welcome.

Hey, GM daily dosers. Ryan, thanks for squeezing me in at the end. Clemente, everybody up on stage, first quick comment to Ray. So many things that you said were not only funny, so don't underrate yourself, but also really just resonated with me, one of them about, you know, Rd maps being BS I totally agree with that. And I also agree with you about the power of memes. So. So thanks for giving us some of your valuable time today. Really appreciate that, Ryan. To answer the question, I would say

Better, and I think like ongoing events that communities can do together are important, like weekly spaces or poker, weekly poker, things like that. I agree with Tornado, the IRL events are super huge. And you know, going to meetups like Web three Expo like we did in Vegas or going down to Art Basel. So just continuing to, you know, grow the community outside of these online channels I think is super, super important.

Amen. Yeah. Here you are. Thanks for stopping by. And I'm still sad. You know, I can be in Miami, but we can hang out another time. Let's go quickly to adventure. You know how you're doing. Nice to see you. I hope you're having a blast down in Miami.

Yeah. Hey, Ryan, what's going on? Hey, everybody. Um, yeah and sorry up front if you start hearing like some drilling and all that, I am here at basil down at.

The gateway. But you know, I'm like so excited about this topic that you guys been talking about. I think, you know, most people know at this point that like within the last week I took over.

As the Community lead for admit one, which is, you know, a huge, huge project.

So cool.

And you know, we're trying to build out this luxury brand and so, you know, I, I, I really am loving a lot of the comments today, especially about the IRL. I mean, you know, Twitter and discord, you know, is really important in getting like those connections in online, but I think really getting those network effects out out in real life.

You know, it's really important to push things forward. I mean we're integrating, you know, I YK technology and I know Ryan, you took a lot of.

Yeah, really. The pop idea came from him.

No, I'm excited to wear mine.

You know, inspiration from G money, you know, passing out powerapps, you know, in real life, in real life. And so, you know, I could tell you that today, you know, we're doing this collaboration with Snow Afro, you know, for this launch and only people that are here IRL, you know, be able to mint, you know, this shirt, this generative art shirt, and you know it's going to be integrated with IK tech. You know, people are going to be able to walk around, network with each other, scan each other's

You know, get together.

This week kind of a poo app giveaway as well. So you know, I really do think like IRL events and you know giving people a hug and a fist bump is super important.

I totally agree. I mean, and the reason why I know you is because we met in Vegas, right? Like you know, built out more trust and a connection and.

But IRL connections are so important to all of us, you know, they also help us trust each other more and and build real relationships long term. Like my dream for you all to be a part of this community is that you start meeting each other in the comments, right? You start helping each other, you start supporting each other. And then ideally at some point you do meet each other physically and you can start supporting each other and build real friendships. Long term, you know, build businesses tog

Listen, baby.

Excited that you know, we're beginning to do that and then hopefully we'll be able to do that more around the world. So we're going man, we're two minutes over what happened. No couple quick reminders. We have a meet up if you are in Miami tomorrow, so make sure to stop by 2:00 PM that's at Collins Park by the colorful rocks. So come on by, it's going to be great. Clemente is playing us some tunes to head out.

Ain't no river.

No matter where you are, no matter how far.

I'll be there in a hurry. You don't have to worry.

Ain't no.

Don't forget that on chain Monkey is gonna be on the show tomorrow with a big announcement. And also there's the O in the post OP in show, which I think Clemente just posted up there. So make sure to check that out. Thanks everyone for hanging out. I'm ray. Thanks for coming, Clemente. Thanks for your help, everybody on stage. Appreciate you. Thank you, Mitch Phi and lucky trader. And we'll see you all tomorrow on the show and we'll see a couple of you IRL tomorrow. Have a fab day.

I'm getting to you.

I sent you three, I told her. You could always count on me, darling. From that day on I made about I'll be there when you want me someway, somehow.

No.

No way.

Stop staying.

No, baby.

All right, everybody with that, have a fabulous day. Take care of each other, support each other. Throw a little positivity out there and we'll see you tomorrow. Everybody take care.

See you. Bye bye.