#Web3 Starter Pak Social Talk Space Open Source
October 27th, 2022
Welcome, kabeer. I'm glad that you're able to make it for today.
kitbaronessYou've been doing spaces for majority of the day and the weeks actually quite late.
kitbaronessHi kid. How are you?
kabirevoknowGood. You're not driving, are you?
kitbaronessI'm driving, but I'll be parking very soon. Within two minutes I'll be parked.
kabirevoknow7.
kabirevoknowWell, be safe. We're not going to get started yet. I'm still trying to send out some invites.
kitbaronessNo problem. I'm just gonna park somewhere safe.
kabirevoknowSo how is your day?
kabirevoknowAh.
kabirevoknowPretty decent. I've been tired as of late just trying to take care of health, health stuff and my usual work days have been just a little bit harder than usual. So prioritizing getting my stuff done. And I think, I mean, it's only Thursday and I'm almost almost ready to celebrate a weekend, so it's been good.
kitbaronessYeah.
kabirevoknowThursday feels like weekend, so.
kabirevoknowWe need to get. We can start it first.
kabirevoknowYes, I is there anybody that you wanted me to try inviting and trying to think about?
kitbaronessHow, how, how if you if you guys. But let me just park in on like just coming up with this.
kabirevoknowLate and then I'll park and I'll be able to do some of that.
kabirevoknowI don't.
kabirevoknowHmm. No, no problem. Just be casual like you usually are. And it's kind of one of the reasons why I enjoy sitting in when you're speaking. Because it's not.
kitbaronessThank you. I don't know that either way. I just asked me. That's me.
kabirevoknowYeah, I I usually get anxiety thinking, OK, I have to host the space, I have to have, you know, a general direction, but just having something organic and just go with the flow is the best way. And when you're in here or any other space I can join. I know it's just good conversation.
kitbaronessHopefully so. No, no, no. We are friends, so we are gonna have fun. I have full one hour and you know, that's hopefully that's good, but we'll see how that goes.
kabirevoknowOh, trust me Kabir, when I say one hour, we're doing only one hour.
kitbaronessYeah, no worries.
kabirevoknowYeah.
kabirevoknowOne hour Max an hour and a half if we get a lot of questions. You know people within a group, but it just in general.
kitbaronessDennis parking.
kabirevoknowIn front of my favorite store, Costco.
kabirevoknowYeah, yeah. But when it comes to bear market overall for the economy, Costco is definitely a winning stock.
kitbaronessYeah, I don't, I don't have Costco stock, but I like the store. I like this. I like the employees that are happier that seem to be, you know, hopefully better taken care of and.
kabirevoknowAnd uh, you know, seem to be in a good mood.
kabirevoknowHmm.
kitbaronessSays Walmart or I I think target also looks good, but I don't go that often. But.
kabirevoknowWalmart, Tina, you go. That is so depressing.
kabirevoknowYeah.
kabirevoknowYeah, Walmart. Well, I'm not gonna bash any companies, but I'm in Michigan. So it was like uprooting of like the Sam's clubs, the Cascos, Kmart adventures, and well, Kmart headquarters was here in Michigan and everything was going head-to-head between Target and Kmart. I'd never been into a decent target until the later of my years to where I always compared things to Casco.
kitbaronessSam's Club and Casco is always my thing but target now I really enjoy.
kitbaronessYeah. You know what I like? Uh, I like their cart they're made out of. I mean they they don't make noise. They I think they're mostly plastic. I think, uh, you know, I I'm trying to remember I they don't make noise. I mean they, you know, the other stores carts making noise and if my cart makes noise because one of the wheels are not, you know, touching or something, I feel uncomfortable. I feel like everybody is watching me, you know, it's like the cards making too much noise. So I target no su
kabirevoknowCarts one. One reason I like it and I also like it. I also have the card which gives you like a I wanna say 5% but like for when I buy kids, you know like school supplies, they go buy whole bunch of kids supplies and few things and.
kabirevoknowI I enjoy it. Yeah, it's a beautiful I mean it's a very clean and nice store in Rockland. I think I've I've shown it to some some people that came visited me and for just you know, they just happened to go to target because they forgot the toothbrush or something and they're like, Oh my God, this is a good looking tag here. How, how what's this? Is it me? I'm like no, it's been around.
kabirevoknowEnter.
kabirevoknowI like target, I like the sprout store, the farmers market for Sprouts. I don't know if you have that.
kabirevoknowIt's the grocery, yeah.
kabirevoknowUh, the sprouts store? Umm, I, the grocery, the grocery portion of it that's actually in target, right?
kitbaronessNo, no, sparks are done. I'm saying sparks is a store by itself. It's a grocery store chain. But you know, we have them, you know we have, I don't know what do you have there, but we have like Safeway, you know, and other local ones. But Sparks is a more farms farm to fresh. What is that term? Fine.
kabirevoknowYeah.
kabirevoknowI yeah, farmed farm to market.
kitbaronessSomething like that, fresh to farm number, yeah, they're they're oriented towards that, so you can get better products.
kabirevoknowAll right.
kitbaronessAlright.
kitbaronessOh, OK, I didn't tweet it.
kabirevoknowAre you parked?
kitbaronessYeah, I'm all parked and settled.
kabirevoknowAlright, wonderful. Alright, so going to get started. I'm actually utilizing your platform to get the recordings to create podcasts. So just so you are informed and this is a recorded space and anybody that is listening in through the API or just listening in in the future, just so you know, this is a record space and that you can catch it on the Spotify application or Apple iTunes and iHeartRadio.
kitbaronessFor a Web 3 starter pack, just type in Kit bareness and you'll be able to find this along with others episodes. I do not keep episode numbers, I just call this Web 3 Starter Pack special editions.
kitbaronessThis in particular is called social talkspace, talking about the open sourcing code that you're trying to produce for it analytical platform. I'm not sure if I've misrepresented the term when we're talking about NFT Talkspace which is in beta version, but Kabir, would you like to go ahead and do a quick introduction of yourself?
kitbaronessAnd we just lost you. OK, I'm going to go ahead and send you a mic back.
kitbaronessSo we have here Kabir who is the founder of NFT Talkspace. I'm not going to do any bragging rights on his behalf of all his previous endeavors. However, he has been a OG within the space and now entering into crypto, Twitter and crypto markets as a whole. And what he's building is quite unique to what's currently being built when it comes to.
kitbaronessPlatforms with recordings and using Twitter APIs. But Kabir, would you like to do your introduction?
kitbaronessSure. Thank you, Vanessa. Thank you for inviting me. Uh, my name is Kabir and my full name is Mohammed Kabir. I go by Kabir and I have been a technology in technology for many, many years, but in tutor space for the last nine months or so. And we are building it. We have a platform that we call social talk and NFT talk is just the web three-part of it. But the goal is to demonstrate how. How.
kabirevoknowPowerful social audio is and tutor space is just an example of a social audio and we demonstrate by showing discovery how people can discover the spaces that in web two and also provide analytics and other gamified features that we may get into later today. And that goal is to showcase if Twitter is Twitter space is instructional audio head is the analytics layer here is the discovery here is the gamified model of engagement and and and community building.
kabirevoknowAnd our goal is not that our goal is to go beyond that and I will also refer, defer that for later conversation, but just giving the idea that this project exists and I'm here to talk about anything related to this project and the bigger picture which is social talk.
kabirevoknowThank you.
kabirevoknowYeah, the let's see here. It was two weeks ago, I believe you had a interview with NFL champion which dot Earth with his group, which is the NSA.
kitbaronessCommunity, and it was a really good space, and I know you donated a lot of your time after hours just to answer questions, so we're not going to try to go relive all of that. If anybody wants to go ahead and catch the recording, they can find NFL champion dot ETH and reference to any recordings or even his profile on Twitter. But there was a few questions I had and DM's referencing piggyback off of that previous.
kitbaronessEpisode about what you offer. In comparison to zealot, zealot is also social media platform using Twitter APIs and they are also creating their own utility token for their platform that offers benefits for the members etcetera. I understand, I personally understand the difference, but did you want to explain your road map in a short, short term?
kitbaronessAnd why that that direction is not in comparable in a in competitiveness?
kitbaronessYeah, so I I know of them and I actually went in and tried it out for a few things just to see how things work. But I think you know what I am, you know, telling people that what you see today and actually talk is really a teaser application is it's the teaser because it is connected to Twitter space. And Twitter space itself is our our issue. Our issue is we want to replace Twitter space with an open source version. That anybody?
kabirevoknowWe should be able to download or install just like WordPress and if that is available then the analytics platform that we create would go with it. So. So the idea is, you know, what do you see today is a demonstration, you know, connected to Twitter space. But because we don't believe Twitter space is the ultimate goal for you know, for most communities, most communities will find boundaries. Now Twitter is changing, hopefully for the better. But Twitter, Twitter or any Mega corporation, they wo
kabirevoknowHave limitations based on their shareholder rules and and other rules you know they have to obey. So I think if you had your own social audio infrastructure and you had analytics discovery and gamified economic model and in that in that system then you would benefit heavily. So that's really where we separate that. We're not, we're building we Twitter just because that's the demonstration, that's the that's the sticking glue tool that we're showing.
kabirevoknowBut in the future, we want to build a complete different system but have the similar analytics over hopefully much better than what we have because we are also limited by how many things we can get from Twitter. We have been really limited, I mean severely limited. So the change in Twitter that we see, we're hoping that those limitations will be removed and Twitter will become more open and give us more access and then we can show more analytics, more data. But we're not building for Twitter. We
kabirevoknowOpen source WordPress like social audio platform that you click click install on a cloud or click click download and install it on your on your machine and whatever community size is up to you, whatever terms and condition is up to you. We don't want to be in the business of managing this. We just want to provide the technology and we have business model how we do this but I think I'll stop right there. I think that covers the difference because we're not aiming for Twitter twitters. You know fr
kabirevoknowMeant to be a completely different platform.
kabirevoknowSo that kind of opens the door up to one of the questions somebody had with the ability to be in control of the data that is shared utilizing your platform and as well as building as you said utilizing your platform as a WordPress for their own website that they can also provide their own utility token to access certain information that they want to share such as their.
kitbaronessRSS feed and so forth. Now with a user of your platform, be able to hide their profile and have access to its updates off their own API of their username, their profile and pick and choose what they want to disperse.
kitbaronessThey should. I mean, they go not, not with the not what NFT talkies, right? That's the tool that we want to build. It should be so configurable. It should be, you should be able to cherry pick, you should be able to cherry pick what you want. And it shouldn't come with too many things because remember what press is core and then there's a lot of plugins for it. So I want to develop the same model and base core engine that does your audio, that does the encoding, that does the transcription, that
kabirevoknowSystems that needs to be there for all these web audio audio stream to work. It knows how to do chunking. It knows all the all the technical details that is that is you know $1,000,000 software now once that is available other developers are going to build plugins on top of it. They're going to say token gating plugin. We are going to provide the reference plugin. We're going to say that these five plug. So it's a base core system plugin network plugin will appears we want to have an ecosystem r
kabirevoknowΞ is extremely limited and whereas I think, you know, personally I've looked at it. So we don't want the API base, we want the source, we want to change the source. So somebody should be able to download our software and say, you know what, we don't like this way. We want to change this right now. You couldn't do that. Right now we are going to always limit ourself by the FBI and the rate, the other pain point is the rate at which we can get information out of Twitter. So you will not have any o
kabirevoknowSystem where you are simply, you know, controlling the software and using other third party plugins that I want to create an ecosystem of social audio. You know, infrastructure that people can just shop around and just get their plugins from the marketplaces. Just like WordPress, I want to mimic WordPress for social audio.
kabirevoknowI love that another one of the questions, and I understand that looking at an FT talk space is currently and its counterparts. Because I understand NFT talked about space is not the only platforms, but it's the main one that's being utilized at this point in time. You have other domain names that also redirect to NFT talk space.
kitbaronessCould you discuss more on things that's in the near future within the year that you're building out for?
kitbaronessSure, sure. This is great because I think in uh as I said before that you know we are going to build open source version. But imagine if you are the venture cap you want to look at this company and say I don't know and if you talk is just web three and it's limited. I know it's only has a couple 100,000 spaces and the space size and you know the the the data is not vast, it's not in the millions and millions of records of data, right, because the NFT stuff is a very small category and it's shrin
kabirevoknowAnd now what we want to do is launch immediately, as soon as possible with version one. Sports talk and music talk and food talk. Those categories are so big on Twitter, it's huge. Social audio on on sports is probably one of the largest. I mean, if you're talking about NFL, NBA and and and soccer, you know, and cricket, just those four things.
kabirevoknowYou cut out briefly.
kitbaronessHi, can you hear me now?
kabirevoknowYes, I hear you now. You left up on the four things.
kitbaronessYeah.
kabirevoknowOK, give me one second. When I get a call, it's gonna cut me out. So let me see if I can get myself out.
kabirevoknowNo, it's not gonna let me. So OK so.
kabirevoknowThe we're talking about building sports talk, music talk and others, but those are web two and those are not Web 3. The NFT talk will be the only Web 3, Umm, space and kind of the category that we build. And the other ones are simply going to be Web 2. The reason we want to do that is we want to actually charge on the other ones. The other ones where the in app token that we have with the VSV token was actually.
kabirevoknowGoing to be you know something that we get, but they're going to also be able to buy in Web two just to promote and advertise and do other functions. But on NFT talk it will not be. NFT talk has a has a goal to have a Web 3 token in the future. So there'll be no buying of VSV token in NFT talk. It's going to be always simply AirDrop like we are doing right now in into the wall into the accounts and it's really soft wallet and.
kabirevoknowAnd the other ones are just going to be a traditional Web 2 business. And the reason we want to do that is that we want to show to our future investor that we know Web 2 where we're monetizing web two. We are not monetizing Web 3 because of the legalities involved, because because of the restrictions that we see that we have to walk the walk. We have to be very careful how we walk this and there is no guidance here. So until we have proper guidance, we don't see monetization of Web 3 and it is s
kabirevoknowIt will remain as a as a kind of a reference platform and and if time permits us that we can launch a Web 3 token, we will do the transfer of this V to the the Web 3 token which is called the true spacebar, the TSV. So that'll happen for all everybody who have received this V token. And we are kind of hard limit setting and hard limit of 100,000 users. The 1st 100,000 users are going to have one to one transfer. So if you have like 500V right now and you never spend it.
kabirevoknowBecause you were just just not using it for any utility like aborting or any others, you could just later transfer it over to the TV if that happens, and then you have a Web 3 token, which I don't. So Umm, we don't. We're not doing that right now.
kabirevoknowSo Kabir, the one thing that I know which is first of all the NFT talkspace, I find it very unique that this is the first I heard you kind of shine a light on. It is the only one off of your social talk spaces that you are going to be introducing into the web three applications or you know, implementing it into web three. Now the other ones, the ability to use your VSB and TSB.
kitbaronessUm, utility tokens.
kitbaronessYou can are those interchangeable as well into the web two applications to upvote and downvote and other interactions.
kitbaronessOK.
kitbaronessYeah. So they are not TSB. TSB will be there, you know once you convert to TSV, you don't it's basically you are trying to exit this, you know utility you are you're trying to take it, you can buy TSB and convert it back. So TSB, let's let's leave that TSB out because we have not figured out honestly we are not spending any time on the Web 3 token right now without any proper legal guidance. We won't touch that dial right. So, but let's say you have NFT talk to VSV box, right?
kabirevoknowPartial space box right now and let's say we launched sports stocks because NFT talk is the original original users and you are the you would be able to transfer that over because you you have earned it through being the early bird, being the people who have suffered the the beta who have gone through the beta process. So we would reward that transfer to the other system. So if I launched a sports talk and you wanted to take some some other V to the sports talk and then utilize it.
kabirevoknowFor some of the functions that are available there such as advertising functions and other things then you would be able to however sports stock could not bring it and they they would not be able to come back to it. The reason we're doing this is that because the people that have trusted us you know these are you know you being a user and and of the platform right now is so much more important than 100,001 user you know because you are going through the process of the how the software is being e
kabirevoknowSection 1. And you are using it and so you have pain points. You have things that don't work or things that don't, you know, have the UX. So why did you do that? We want to grant you that privilege to be able to move your visa. So that's one of the things that we keep creating is a special case because it's our first baby really. And then everything else will be just copies of clones of each other, right? These are web through Web 2 clones and they are there to support the web 2IN traffic.
kabirevoknowAnd Web two style, you know business model not Web 3 business model. Web 2 business model says advertisers can can come and buy advertisement slots and you can sell that slot on the profile page. So let's say you have a sports talk profile page, you would be able to get the benefit from that point. If we if you, if you say enable advertising on my page because you're a publisher at that point you are really a publisher. You are a micro publisher that has spaces that has QR for you know.
kabirevoknowYou are you have been ranked for QR so you are a publisher. So we would say we have this 10,000 publishers that can publish your you know whatever you want. Yeah you are you're advertising could be a new new whatever. So so then we would say that that's the revenue model we're going to create. Remember we talked about I mean not on this space but talk about affiliate marketing that affiliate marketing is to make money for all of the users, the people who are going to open their open their page.
kabirevoknowYou advertising by other projects by other folks in the in the ecosystem. So that's how we see monetization because I if you look at my profile I say you know monetizing your social audio I I want to help you monetize your social audio because your social credit.
kabirevoknowBut that the reputation that you built with the social audio, you should be able to monetize it on that page. I don't think anybody is doing that. I mean that will be the game changer that every profile would now be valuable because you can open this up to advertising and if you said do it for me then we would do it for you and we might charge a fee. But if you said I will do it because you will go pick cherry, pick the advertisers from our available advertisers and you will say I will, I will d
kabirevoknowGoogle says we have a network of sites that we can show you at and we would call that network of profiles that we can show your ad. Then you are allowing us to show that ad. Remember all this is happening in web two and web three, but on web two is actually credit card and payment dollar value is is coming in. Umm, it's just a big network of, you know, social audio personalities that that are that are simply ranked based on their performance and based on their keyword density. You know what they
kabirevoknowBut they're not talking about and and I think that will be gamified. You know that will be the, that will be the way to monetize your brand, your personal brand.
kabirevoknowYes, yes, I mean that literally in marketing that you talked about kind of goes back with what you're referencing before you utilizing your platform as basically a WordPress where you can integrate and build your plugins and so forth. The other question that we discussed previously in another spaces and within the Ambassador Group was utilizing the UI for APIs off of not just Twitter, but the the idea of like.
kitbaronessLinkedIn. LinkedIn.
kabirevoknowGoogle or and I'm I'm just throwing random stuff. Facebook which doesn't have API but yeah yeah LinkedIn that was another one be able to utilize your platform. I know you yourselves. When I say you, I'm talking about the NFT talkspace and your other social social talk platforms that you aren't going to be the the the caretaker hosting mechanism for trying to implement this but would that have the freedom, flexibility.
kitbaronessFor people to use your platform to affiliate market off of the other social media platforms that they have.
kitbaronessSo affiliate marketing, the way it will work is that you know, there's there.
kabirevoknowLet me just let me just tell you how we're seeing it and we we're doing this based on real world experience in building affiliate marketing. The the terms is advertiser the person and will sell us. Nike, Nike is an advertiser. Nike comes in and says advertise my product to anywhere you want. So we would be that would be the platform that affiliate marketing platform, but the Affiliates would be the people who are in our platform such as you. You will be able to say I'm open for affiliate relatio
kabirevoknowFor all categories. Then anytime a publisher, anytime advertiser comes in, we will notify our advertiser affiliate saying hey, we got Nike and they're offering a deal. You know if you show that if you talk about this Nike product or or this product or this thing, they are giving away an dollar value for every affiliate that has closed the sale. So you could then say I want that offer, you will immediately pick that offer. Now you will be in in the system as an affiliate of that advertiser and yo
kabirevoknowTake that, that asset that they're going to provide, they're going to provide a set of assets, a lot of a link and all these things. And we are going to turn them into our trackable link. And we'll say you plug that in not only in your profile, which we will do automatically for you, but if you wanted to put it in Facebook or Instagram, go ahead. So now let's say you have an Instagram or you plugged in a picture of Nike and a link. You know, usually Instagram doesn't allow link, but let's say in
kabirevoknowInstagram coming into I know Nike but it went through Kid Baroness affiliate and we're going to track that and we're going to tell an like that they owe you this much money because you delivered this sale and now if it is sale that's one thing that's a closed loop but if it is just traffic generation so you know is there, is it, is it a you know CPM or CPA campaign cost for actually you know are we doing it you know cost per action where I have to make a sale or am I doing it.
kabirevoknowWhat I'm just doing you know the one ohh every every year, every thousand clicks you know how much do you pay me. So that sort of thing. So we'll have different type of affiliate really you know income one is for generating traffic to my profile or and one is for closing sale like making actual sale and that will require a closed circuit and we will do that. So that's how it's going to work. But I think you can take the links just like any any just like you can take any affiliate link from Amazo
kabirevoknowSocial media. You can take our link to any anywhere and plug it in.
kabirevoknowI don't know if I answered this question.
kabirevoknowNow you you answer the question the best that you perceive the question, and I think I am satisfied with your answer. If anybody else has further questions, you're a pretty open person. You're always in some sort of space. You join other communities as well as hold your own. I'm pretty sure that you will be highly accessible if anybody wants to contact you directly in public or through DM, so I I want to be concerned.
kitbaronessOver the way that you're answering, you know this casual.
kitbaronessOhh, one of the questions we discussed previously as well of obviously all this is just continuous of our previous conversations is I asked you.
kitbaronessYeah, yeah. Go ahead, please.
kabirevoknowDuring an AMA about a harvest strategy and it seemed that there was a little bit of a Gray area. So I just wanted to re elaborate on a harvest business plan strategy versus an exit strategy, if you don't mind, you already understand what an exit strategy is. The idea, yeah, but the idea would a harvest strategy is another business terminology used utilized and I understand what the affiliate program, the marketing and I get a general topic of how you plan.
kitbaronessOn matriculating a cash flow system from the platform you're building that you want it to be open source and so forth. But the reasons for technicalities, reasons for harvesting a product is like the growth of the rate that a certain product grows, starts to slow down, which is, you know, a change of the technology or whatever the consumer or the customer need, need quality is it might slow, slow down.
kitbaronessSo in that case you start to create a better cash flow, which thus you know you're planting your seeds, you're harvesting your crops, thus the business terminology of a harvesting strategy or harvest plan. So what what would you be able to elaborate on your your topic?
kitbaronessSo.
kabirevoknowI'm sorry, Kabir, I think you got another phone call.
kitbaronessNo.
kabirevoknowCan you hear me?
kabirevoknowThere you are. And I want to welcome Mary Beth. Hi.
kitbaronessHi, we talking harvesting today?
marybethsalesHi.
kabirevoknowYes, yeah, you actually came in the perfect time because I was just re elaborating. We, we touched bases on this previously in NFL champion space on exit strategy and I was re elaborating on the money flow that marketing that his platform provides for themselves with.
kitbaronessWhose platform? Kabars.
marybethsalesKabir. Kabir, yes.
kitbaronessOK, no, you said NFL champion, so I didn't know if you're referring to something else.
marybethsalesReferring to the previous space we had which was an AMA with Kabir.
kitbaronessGot it. Yes, I remember.
marybethsalesHi, Mary Beth, how are you?
kabirevoknowI'm doing well. How are you?
marybethsalesGood, good, good.
kabirevoknowWonderful.
marybethsalesSo yeah, I mean I I don't right now we are not focused on harvesting on I think it's possible, but I will tell you that you know what I need to create is demonstration of user interest and also across an area from not just on the web three but also like I said on web two. So because our strategy right now is less we have a micro web.
kabirevoknow8/2 MFT talk, we want to create sports talk, music talk and such in many others under the umbrella of social talk. And once we have that, there'll be, you know, this is really an engineering company, so we will bring in the proper structure in the company that will be focused on kind of maximizing the companies return and the investors return. I have never been able to focus on that. I'm. I'm just.
kabirevoknowTypical uh technology CEO right now and I have done this previously as a CTO of you know two other companies but uh you know I don't see that I need the people that are we are attracting for our investment are looking at me is like OK he is you know going to build this out he's going to be able to build this and he might be the CEO for a for for for the purpose of being a founder and uh but we will have to have.
kabirevoknowOther folks that are going to look at this for all, you know, all types of monetization for the company, like I said that I really want to end up with the open source product. I will not compromise there. I know there is nobody gonna when I have any other goals other than end product being an open source platform so that it it runs, you know, people can explore it and actually grow it with plugins and other things. And I actually have seen very successful open source products that are actually m
kabirevoknowThen in WordPress is another one. And these guys are making good money and have made good money because the the amount of interest that comes from other enterprises and other businesses to to build customized version of them are really really large scale things. You know, nation level things come in, you know countries even will adopt A way of working with a company like that. So I'm I'm not too worried about harvesting at this point. That's what I'm trying to tell.
kabirevoknowYeah, I mean actually you're affiliate marketing itself is a form of harvesting plan of your product and I understand you know the using the analogy of what WordPress has done pretty much sums it all up. But another another issue, you know referencing back to my previous question on like.
kitbaronessPersonalizing someone's own data which your platform that you use on the web to database website so it can go ahead and hide their profile, build out their own platform, basically implement your UI for their own UX and build off of that itself would be a form of affiliate or would that be using your TSB's?
kitbaronessSo that will only happen when you have the open source version. What do you do with the open source version is totally up to you. You don't have to use any Anna. Once you deploy it, you are actually responsible for the the cost of deploying it. Either you have a big server, small server, whatever. So you are actually just taking, just imagine taking it, you know, Linux and putting it on you know, Amazon server or your personal hardware computer and running a community off it. Of course it has to
kabirevoknowCannot put it on that you know PC that doesn't have enough juice to do audio conversions and stuff. So there will be minimum, there'll be a minimum requirement. But what do you do with the open source software? It's totally up to you how you use it. I know and and so I think that the skin and the basic infrastructure that the the basic application that is WordPress always get over, you know the UI gets always thrown out by templates with the plugins. So I see a marketplace growing for social aud
kabirevoknowOnce developers figure out that there is a core software that takes care of the audio encoding, takes care of the chunking of audio, takes care of that transcription, all the hard signs, all the hard computation and an AI engine to do analytics, you know, just built in. And they get this is the stack they get. They will build on top of it and it will be, it will be simply a marketplace. You will be able to choose I want that, I want that, I want that. And you will be able to build out a very rob
kabirevoknowIt'll be completely off yours and we had we would we would ask of nothing from it that's the whole goal now Clippers checking that out that is this code you know kosher we're going to monetize when an enterprise is going to call us and say we want this for ourselves and want to have talked to all our 20,000 employees with this thing and you guys built us they're gonna send them an invoice for you know $5 million so so that that's how it is done that's the that's one of them but I I do think that
kabirevoknowOn, on, on, on Web 2 versions of it, yes, we are going to actually make a fee. So maybe that's what you mean by harvesting the right there because we are as a middleman in the affiliate, we are going to charge a fee for because you know, there's going to be credit card transactions. We have to charge a fee, can give credit card transactions for free because it costs money. Umm. So we will have a fee on those, but not on NFT talk, NFT talk. I'm intentionally keeping it 100%, you know?
kabirevoknowFree fee less from our side. Just because the hope is to convert to a Web 3 token in the future so that there is no virtual currency. You know, there's a there's a clear law that says that if you offer virtual currency and if people can convert it to a monetary instrument later you are going to, you're going to have to abide by a serious set of fun. Instant laws, Vincent. You know process. And I don't want to go through that. I want to simply say that I only offered.
kabirevoknowYou know, these are these are the airdrops to people who actually did participate in the community and they never paid me. And no, at no point, nowhere, nobody paid me, me, me, the company. Therefore we have not taken money. We have not, we have given them a way to get out to Web three, but we have not taken money. So that's one of the one of the, you know things that we want to work carefully. So even if we do affiliate, we're not going to actually make money ourselves. We're just going to pass
kabirevoknowWhoever is, you know, whoever are the two parties, the advertiser and the publisher, publisher being your profile. Your profile is a publisher and advertiser is the other project that wants to get you to do some spaces and have some links published on in your spaces so that they get traffic or they get a sale, whichever action they want to do. And is it cost, is it a CPA campaign, is the CPM campaign? They will decide. And so I think we will not get in the middle of the tech.
kabirevoknowTransaction there.
kabirevoknowI love it. I love it. Cause on a side note was trying to explain the idea of your platform once again is obviously for what you're doing, the ways that you're able to make funds off of it and keep it afloat. This is just a fun project which most people don't understand because majority of the people that are inquiring to utilize your platform and the technology that you're building for are trying to figure out how they can make it.
kitbaronessWork for them, how they can actually utilize it for their own product management, their brands getting out there. And you summed it up very well on the the processes. They're the ones that are building off of it utilizing the well, not the plugins at this point in time, but essentially plugins using your platform and trick relating downward rather than it working.
kitbaronessFrom the center out.
kitbaronessYes. And and I think once affiliate is there, I mean we're actually launching the alpha version of the affiliate internally. It's not no, it's not going to be available to everyone. It's only available to four projects. We have chosen those four projects. We're making them our we told them look we're going to give you the traffic, we're going to if the traffic is worth your time, meaning if you like the traffic and it makes sense, we will go integrate further and do a closed loop, meaning we're
kabirevoknowWe'll do everything and I've chosen some very simple you know projects. Not an Acadia. Nico is right here Kate and Nico and his project is going to be a permanent fixture fixture in our in our featured section of the you know, we basically turn ourselves into an affiliate and we said we're going to publish Nico in OK and Nico project. We're going to publish few other projects. So we want to do this as an experiment, make sure everything is working and they're getting traffic. Once they get traff
kabirevoknowAnd they could start building call to actually I want to accomplish this. I want to do this. So I'm excited I mean the timeline for this is you know I say you know by end of November we have a functional system that is beta and then by the end of December we have version one that's really timeline and and and I think Kate if we have that gold mat if we can meet that goal for affiliate you will see that uh you know that's that's going to when people are going to say hey and if you talk is making
kabirevoknowAnd I have changed, you know, I have changed my, my mission was Discovery, Analytics and that, right. That's how I started. But then I realized, you know, social audio is the most monetizable, you know, content, you know the why. Because if I can convince you to buy something.
kabirevoknowWith my voice, I probably, you know, that's probably my best bet instead of a copy. So I actually am betting that people are going to say guys, I love this or I do this whatever it is. I don't know what it is they're going to buy you know, convince you of. But I think voice is our ultimate tool and I see that as the as the ultimate, you know it goes with us and we can monetize it if we can have you know some of us monetize our audio, social audio, not just no, I don't want to record a voice and
kabirevoknowI want to say, come to listen to me talk about this type of car or this type of sports or or this type of magazine or this type of book or this, you know, whatever, whatever it is I am passionate about. And then maybe based on that you can say, hey this is cool, where can I learn more? I'm like, oh, I got a profile and in there I have a link to this and you know, if you go there it gives me some bread crumbs. I think that that should work. And where I'm, I'm, I'm excited about seeing that work f
kabirevoknowLike NFK folks.
kabirevoknowAlright, I was speaking in NFT folks.
kitbaronessReal quick on that because we've, we've touched redundancies on people being able to build onto your platform, make it work for them and so forth. I do understand this is in beta little things here and there on your road map, but for a general royalty stream or a deployment of your product, do you have a general license that others have to utilize to market their own products with it and if that's the case?
kitbaronessOr not, people that are in the NFT community, which we're trying to get away from the word of NFT and just say, you know, non fungible tokens or something, a little bit more portrayal of blockchain technologies as a whole. How would they enter into the platform and try to market their metaverse or try to connect with it? I understand that you're playing around currently with another project to integrate.
kitbaronessSo, uh, it's pretty simple. I mean you have to have a tutor and it's based on, since it's based on Twitter spaces, you know, you have tutor, you have to have Twitter space, you have to be, you know, you don't have to have a Twitter space hosting or Speaking of your own. You just have to have a tutor account and then you can come in and see all the all the affiliates that are ready to go on certain topics. You will see that expertise, how much time they've spent in that topic. You can pick Cherry
kabirevoknowKabir, I think I think you're.
kitbaronessYour connection is acting up again.
kitbaronessThey went to market.
kabirevoknowHear me now.
kabirevoknowUh.
kabirevoknowYep, I just had a spigot into existence.
kitbaronessKabiri running so bad.
shakersangamAnna.
kabirevoknowI'm losing you. I'm.
kabirevoknowI heard that. No, I hear that now. Please, please continue.
kitbaronessOK. I'm, I'm, I'm OK. So I'm I I'm actually study I'm not moving I'm holding the phone in front of my mouth. So the the part where I think the licensing like you know the the only thing we will require is a very simple you know disclaimer agreement that you and even the advertiser like whoever you are the product that you are selling or or promoting it is a relationship between these two parties not.
kabirevoknowUs, we are just a tracker. We are just simply facilitating a third party data showing you that you promised to deliver you know, you know 5050 links or 50 clicks and you deliver 20. So you get you know this much, you know this much reward from the advertiser. So we're just keeping the accounting and we're saying that that's final because that's what we were able to track. Now if you have dispute or if you have other issues then that's you, you'll have to resolve that. This is pretty standard.
kabirevoknowAffiliate agreement. The other thing is we would obviously want to forbid, you know anything such as like you know something that is criminal activity that can come, you know, I don't want somebody promoting, you know, some sort of stolen software, right. So you don't have that simple thing that says that you are, you know, you're operating within an US, you know, California, you know, legal structure that you know you're going to, you're going to have to be appearing in front of a California ju
kabirevoknowSays that you are two parties talking to each other making the sale. We're just the software that's tracking the sale or the action and we are not getting income from it. So we are not a party to the transaction. We're just recording that the sale closed or sale did not close.
kabirevoknowI appreciate it. And we are 10 minutes till the top of the hour. I want to open up for anybody that might have questions or just want to have small talk over the affiliate program or not the affiliate program, sorry, the ambassador program that you currently have such as myself, that's on the ambassador program for NFG talk space.
kitbaronessSo again I just want to point out that in there in, in among the audience we have Shocker, he is the founder of Centurions, Centurions and we are actually going to be talk in our next second week of November about an integration. He's building a awesome platform for you know non fungible token creation and marketplace and and it's completely defy you know it's not centralized and so I'm I'm excited to learn more about it. We had a good chat today.
kabirevoknowAnd but one of the one of the I I'm actually in in DM talk with few other founders including some marketplaces. So I think they're saying show us that you can deliver an affiliate system and then they will connect. And once that happens I am telling you that you know people are going to see benefits because they are going to be able to say I am making money and I once people hear that or do that it's going to spread. It's going to spread like wildfire. So I'm excited about that and he's.
kabirevoknowTechnology is something we're looking at integrating with as a as a marketplace, as a as a new solution. So I'm excited. So thank you for coming here, sugar.
kabirevoknowYeah, thank you, shakers, because you've been here this entire time.
kitbaronessI appreciate it. Thank you for the invite, of course. Yeah. I'm very excited to actually get the integration started and learn more and, you know, support each other.
shakersangamAnd Mel. Mel. Well, the romance sedo I so sorry, I must have bought your name. I just want to say hello. Nice to see you in here.
kitbaronessHey there, it's nice to be here. Um, I've, I've seen your work and engaged with you and saw that you had a room here, so I thought I'd check it out.
melodyromancitoNo, I appreciate that you came in here because you missed the the last portion of it. But we're talking about platforms and I know that you are highly technical and have an OG mindset with the how web two web 3 integrations work. Did you have any small, small ideas or input on how APIs and UI would work for creating affiliate?
kitbaronessPrograms and be able to market products for a user.
kitbaronessYou know, I since I just came in, I wasn't sure exactly what.
melodyromancitoAngle here, and I thought I would just listen. Sounds like you're winding up, is it?
melodyromancitoOK.
melodyromancitoYes, yes, I I try to run my spaces for a one hour and I like to associate myself on Twitter with a lot of people that are high, high thinkers and high dreamers. Because in theory what web three is, there's so many people that are building and practicing, but yet we have very little to show for that can be interoperable. And the one thing that I wanted to highlight was what Kabir is doing.
kitbaronessIt's his social talk spaces which focusing on NFT buzzwords through the APIs and Twitter. However, the process of what he's making out, almost like a WordPress open open source profile for others to be able to build off of, is amazing.
kitbaronessWell that sounds great. I'm not much of a coder. I have done, um, user interface design.
melodyromancitoAnd so forth. In the past and have done a lot of top level design, but you know, as far as referencing databases in the stack and so forth, it's kind of out of my zone, but I am an old WordPress user.
melodyromancitoAnd um, I I have to say I'm making a little bit of money with designing.
melodyromancitoSpaces and spatial. So for me that's a big step because you know, having been a a designer and digital doing digital work for a long time, this is really the kind of money I was looking forward to making and it's finally happening so.
melodyromancitoI'm excited and being able to be in touch with people who do know how to write API's at work with API's and and write code and JavaScript and Python And stuff like that, it's always very exciting.
melodyromancitoWell that that was my point. I wanted to start. I'm using you as an example, but the one thing is a lot of people entering into the space for adoption purposes, they don't necessarily need to know how to code for the APIs. That's that's what Kabir's his entity, tax base and platform is itself. So for you saying that you find WordPress easy enough to utilize, that's what camera is doing, making something user friendly so people can build off of it.
kitbaronessFor their own smaller projects with less technicalities, the ease of operability.
kitbaronessYeah, you know, it's funny, oftentimes when I take on a client for just regular web two use case, you know, shop owners or somebody who's trying to take their, take their stuff on the on the interwebs, you know who.
melodyromancitoI've used.
melodyromancitoWordPress, because I feel like it's the easiest of these platforms to teach.
melodyromancitoAnd ideally, I don't want to be the Webmaster. I don't want to hold on to anybody's URL or, you know.
melodyromancitoBe a bully with their domain name or anything like that my my aim is to be able to teach them how to work it and WordPress.
melodyromancitoHas worked really well. I I will say that I've used GoDaddy.
melodyromancitoMore often than maybe I'd like, but I don't have any problem with them. I don't have any problem with WordPress either. I hear people bitch and moan and complain about these platforms, but dude, you know they're free and I mean you can pay and get get the slicker deal, but.
melodyromancitoJust the fact that this stuff is available to us and an open source. I've been a part of the Creative Commons community within music creation and.
melodyromancitoOhh, just sharing resources, loops these kinds of things. So just being able to empower people has been my my mission.
melodyromancitoKabir, does that sound exactly what your goal is? Oh, came here, probably just lost service.
kitbaronessBut yes, I appreciate you coming in because we are coming now to the full hour that was holding space and ending it on that note is exactly what we were discussing previously, the end goal of it and welcome back, Kabir.
kitbaronessI think I got stuck so I had to go back.
kabirevoknowHave fun with my Twitter space, right?
kabirevoknowBut I was just going over how much I appreciate Nowell coming in here and giving her story in general, because that's that's the summary of what I feel your platform is going to offer and I might just be a dreamer, but is there any two cents or?
kitbaronessThoughts that you've had on the background that you are willing to share on what your goal is for people that sort?
kitbaronessSo I mean what I understood is that you know that you know well you are able to you know design digital spaces I guess or for specials and things and but you're not coder and the system that we are building is, is really a sandbox you know is, is, is is a place where you can have your own Twitter spaces your own type of social audio and so and that's going to be plugins to add if you're used to WordPress.
kabirevoknowAnd it's just going to be in a you can add plugins and click, click install open source plugins and build a social audio that is not owned and operated by anyone else but you. And that's the end result we want to achieve. And right now we're not there. We're actually teasing people showing how our front end looks like on Twitter spaces. And Twitter space as you know is owned by a mega corporation and it is changing, hopefully for better and but still controlled by.
kabirevoknowAnd other corporations, you know, end user license. But what we want to do is free you from using somebody else's end user license. And that nobody reads, nobody understands and we sign our rights, you know, off it because we just have to. There's no other choice. And with our software, with an open source system, you will be able to create that experience and build on it without needing coding, without need to worry about audio, audio, you know, engineering or, you know, encoding, decoding, chu
kabirevoknowEncryption and all kind of technology that goes around serving audio, you don't have to deal with that. That's built in, provided as a base layer and other people are going to build on top of it and some of them will be free, some of them will not be free. That's up to them. You know whoever wants to make plugins, UI, UX, whatever he wants to do, they just their experience on top of that base layer is what we're trying to achieve. But today we just demonstrate you know on top of Twitter. So our
kabirevoknowThe end product, what we show today exists with Twitter space and their physics. They control us. They tell us how much data we can have, how many times we can call them. So this limitation is coming from Twitter and we don't like it, but we have to show something and so that people get excited about our platform that is coming. So I'm excited that you'll be able to use it.
kabirevoknowThat's just the, that's all part of the the magic of running an API. So my question is, is when are you going to be, are are you going to be, are you in the beta phase right now or are you beyond beta for particular?
melodyromancitoRight.
melodyromancitoNo, we, we are demonstrating the analytics discovery and gamified community building on top of Twitter spaces. So we're connecting to Twitter spaces and showing here are Twitter spaces up and in closing and here the profile, you know, speakers and hosts and all those all those things that we're showing, showing right now. Yeah.
kabirevoknowYeah.
kabirevoknowYeah, so.
kabirevoknowYeah.
kabirevoknowRight, I get that. I I'm just asking for your timeline. So what you're showing right now is a demo. And So what I'm asking is when can I get my pause on it?
melodyromancitoSo that's that is to be determined because that will require a significant investment and because of the market condition right now we are not seeking investors right now. What we're going to do is look at how the market behaves starting next year and once we see that you know you know that the the VC market is is there and and and we have enough demonstration the demonstration that we are providing is good enough for people to understand our vision and our capability.
kabirevoknowThen we would go out and and actually have a you know venture fund, a part of partner. Then we would be able to give you a timeline on when we can build a Twitter space like solution for for the public open source. So unfortunately I don't have that. So right now we have to play with you know the Twitter space and I think we're showcasing that and it's growing. I mean that is it's even though I call it demo, it's really fully functional and has a lot of things coming to it.
kabirevoknowBecause, you know, it's like the engine we're basically putting buying an engine. It's like buying a, you know, boat engine and putting a boat on top of it. And we're making the user experience and the and the analytics and the gamification right now saying, oh look this is what's possible with tutor space. Imagine what's going to be possible if the engine was also built by us and it was free. It was just you could take it and do even better than us because there will be always people doing bett
kabirevoknowEngine so that all of us can make our own and you know what comes of it is is going to be great. But unfortunately I don't have a without funding we cannot do that. That's the level of you know, investment in terms of you know the resource needed to do something of that scale and you know to develop a platform like that.
kabirevoknowIt's it's it's a lot of a lot of resource.
kabirevoknowHow clear?
kitbaronessI promised you only an hour of your time and I know you've been parked this entire hour trying not to lose reception. So I appreciate everything that you do within the space, within the communities and answering questions. And no matter how redundant is you, I just the love that you have talking about this type of stuff is it just fuels the ecosystem, little tech heads or people that want to get into.
kitbaronessBeing a builder and as well as trying to offer things for adoption for those that.
kitbaronessJust enter and don't even know what blockchain fully is and those that came in for a listening blam. You've been quiet this whole time did you? But I would like to do any closing statements and blem since you have a MIC and I haven't heard from you. If you're available, would you like to do any closing statements First off?
kitbaronessIs wearing this. Thanks for having me blessings Sir Kabir Mell and everyone listening all the speakers. I just came to show some support to Kabir and I saw the social talk and.
blemmediaI made it. I'm reservations for the space, so of course I'm here and I'm glad for all the insights and the questions asked and answered. And yes, I'm thanks for hosting this space. And it was a.
blemmediaWas a good listen. Thanks.
blemmediaThank you. And Casey, I know you're not feeling well. I'm not gonna make you talk, but I just wanted to say hi to you shakers. Ohh. Go ahead, Casey.
kitbaronessAnd I'm here to support any way I can.
kcmaginationThank you. And shakers, thank you once again. Kabir, do you have any closing statements?
kitbaronessOhh, thank you kit for for hosting this space and you know I look forward to talking to you more about you know our product and and I think you know that'll happen over the course of time but you are doing a great job of introducing people to and tools and techniques and investigating some of this. It's not easy and a lot of people don't have the time and also technical skill and overall you know vision understanding how to approach something like this so.
kabirevoknowUm, you know what, what I see our problem is that we are building something new, right? We are building a new product, a new category of product. It doesn't exist. And so we have to also educate. Our biggest problem in in is that we have to also teach people, you need this, you know, so, so we have two problems to solve. We have to solve a problem that hey, we need a social audio that is not owned by anyone and 2nd or you need this because because we have to showcase all that. So you help you he
kabirevoknowOption because you the more we talk about it the people are gonna realize if they had a WordPress like social audio and they can deploy it and start 500 with 500 people and go grow to 5050 thousand nobody controls them. And that is the future that I want to see sooner than later. So I thank you for helping us get there by by talking about it by sharing the more we share it also helps us see the the need like what is the what are the 1st 10 problems.
kabirevoknowWithin this thing I'm going to solve, you know, that's what I I already realized that monetization of social audio would be the ultimate ultimate killer app that would lead to people using social audio more. If people knew that there could hold spaces and get ranked for keywords, just like websites get ranked for keywords, just like website gets ranked for keywords, then they will say, Oh my God, I'm ranked for these things because I talk about this and then these advertisers, these folks are fi
kabirevoknowTalk about their stuff. And you know I think I have the audience that will listen to me because the product is good. Of course you shouldn't ever, never push a product that you don't trust. You know, that's what that's what we, we, we expect you to do the right thing. So I think social audio as a, as a, as the, as the ultimate monetization tool for every individual exists. And I would see that if I can showcase that with tutor space and then going into the, you know, open source version, if I ca
kabirevoknowWill, because we talked about it. Thank you for letting us talk and I continue to look forward to talking to you more.
kabirevoknowThank you all and last closing thought is if anybody has any questions they can go ahead and find Kabir in any space. Jump on in, he's pretty open. I'm just throwing him out of the bus at this point in time as well as check out NFT talk dot space and you can see for yourself the beta version that is up and running on the interwebs and there is an ambassador program with visuals and other content.
kitbaronessTo learn more. So thank you very much. You all have a great night.
kitbaronessThank you. Thank you, everyone. Bye. See you later.
kabirevoknowThank you Kit, it's very nice to meet you.
shakersangamThank you. Bye.
kabirevoknowThank you, Kabir. Goodnight.
shakersangam