nflchampion eth #spatial #gitcoin #ENS #Wrapper I got news
October 12th, 2022
Your buddy.
dcbk2laWhat's up man? How's your day been?
rancid1616Uh, eventful. That's for sure.
dcbk2laYeah, no, Vegas.
rancid1616Eventful, eventful, eventful.
dcbk2laBro, my buddy called me. He supposed to pick me up yesterday. Ready for this?
dcbk2laI mean, I feel for him. He was on his way to pick me up and he goes, bro, I can't make it. I'm having fucking chest pains. I'm like, what? He's like, yeah, I'm going to the ER.
dcbk2laYeah, you, you mentioned that yesterday.
rancid1616I'm like, holy shit, what the fuck, bro?
dcbk2laThat sucks.
rancid1616Right.
dcbk2laI am.
rancid1616Yo Ranch, we gotta get people to join that fucking Twitter community that I sent invites out to.
dcbk2laYeah, you don't have to be active.
dcbk2laOK, yeah. I haven't really played around with him, but I've been kind of preoccupied a little bit this last few days. But I'll.
rancid1616I'll.
rancid1616Shoot it out for sure.
rancid1616You know what I'm saying? Like people need to join it because, and I'm gonna, I'm definitely gonna do it on this one. I'm definitely gonna chill it on this one because like by joining the community, I was in the actual Twitter.
dcbk2laIn the actual space. And they're coming out with like spaces just for communities, which is like really, really dope.
dcbk2laUm, it's gonna allow us to do so much more like, especially when we run spaces. You don't have to, like, individually invite a million different people, you know what I'm saying?
dcbk2laYeah, yeah, yeah. That would be really nice actually.
rancid1616Yeah, man. And I actually got some good news. Yo, I shot my shot this morning and I was like, fuck it, Hail Mary.
dcbk2laIt kind of landed, so I wanted to kind of fill everybody in on that. I had a conversation with Nick.
dcbk2laOhh yeah.
rancid1616Yezer.
dcbk2laInteresting.
rancid1616In the desanto.
dcbk2laYeah, for sure.
rancid1616No money in this vision listing. A lot of shit.
dcbk2laI don't know how you yeah, tweaked out the room.
rancid1616So wait, you got to get coin stuff too?
dcbk2laYeah, I got the text literally right. I got that text and then a text from you like right after.
rancid1616I got you. Bye.
dcbk2laI mean, I don't even. To be honest, I don't even know how much money I raised. I really have no fucking clue.
dcbk2laBecause.
dcbk2laI don't even they're getting couldn't even tell you I got it. I know that I got on like because I I thought that they said that cutoff date was like.
rancid1616The around the third or so. So I know I got on and redid my my passport stuff because they said to do that.
rancid1616And then I I redid it again like on the 5th, just to be sure.
rancid1616Yeah.
dcbk2laJust cause that's what they said would like yield in the.
rancid1616Dead most.
rancid1616Oh yeah, they said two days so I guess we'll see. But from looking at like some of my stuff, I saw that there was a what's it called? There was a like a donate. Like there was a a donation for 100. Somebody made like a one time $100 like donation. And I was like I don't remember seeing that. So I don't know if that was maybe like the actual matching. Honestly I had no idea what to do. But that e-mail, I would definitely take that survey and leave them like a ton of feedback bro.
dcbk2laYeah, I just, I was definitely planning on it for sure.
rancid1616Right, because.
dcbk2laBecause it's a really cool thing, but it's kind of lacks information, you know? It's kind of difficult to find all the information and.
rancid1616Agreed.
dcbk2laExactly how all of it works. They can you. They can make it much more user-friendly, I feel.
rancid1616I mean, that's a fact.
dcbk2laThat is an absolute fact.
dcbk2laAs I think about think about all the outreach and everything that.
rancid1616More people could get if if it was just a little more user friendly.
rancid1616Yeah.
rancid1616Yeah, I think that's the biggest issue that I'm finding right now is like, it's not people that don't know how to like like they can, they can read through the directions, but it's almost like it's like Computer literacy issues where it's like where do I go? Like what? Like, like you know what I mean?
dcbk2laYeah, 100%. In fact, I actually had a couple of people ask if they could just send me send it directly to my wallet because they got on bitcoin.com or.co.
rancid1616Yep.
dcbk2laAnd they were like, we don't even know what the fuck to do with this passport shit.
rancid1616Really.
dcbk2laAnd they're making all my accounts. I don't know that I want to do that. Like, yeah, so.
rancid1616Yeah. And the quadratic funding thing, just really it, it genuinely didn't make sense in the sense that I like, I understood where it's like obviously the more projects that come on board, right, the less funding there's going to be. But how many projects in total are there? Like when we apply like is there something and I get it like this whole thing is growing, you know what I mean? But you know, maybe a little bit more clarity on like what is possible because like we saw all these other ones,
dcbk2laThese guys are getting $85 for every dollar.
dcbk2laYeah.
rancid1616And it's like, wait, but they've also been doing this for quarter after quarter after quarter. So there's a difference, you know what I mean?
dcbk2laThat.
dcbk2laThat's true, that's true. And also one thing I was wondering is like, OK, so say we raise some money, does that, does everything that we get automatically get matched to some degree or what if like what happens in the funding if not?
rancid1616That's the thing. It was like it. I don't think it gets it gets matched at whatever your rate was, right. So for mine, I think when I first started I was in the negative.
dcbk2laRight. Like it was like for every dollar I raise, I'm getting not negative, but like I was getting less than a dollar. It wasn't like dollar for dollar, I was getting like $0.30 or something.
dcbk2laBut then I think it said it said match. Oh no, no, sorry, it said matching contribution.
dcbk2laAnd that was the tough part that I didn't understand where because like I had like some like 60 bucks or 70 bucks and said matching contribution $3.
dcbk2laYeah.
rancid1616So I'm doing something wrong obviously, but I just didn't know what it was and good luck trying to get info.
dcbk2laWell, that's, that's, yeah, that's The thing is it's so hard to find out. Like you literally have to be able to get Alicia on the other line to be able to like even get some answers, and then even then you don't really get the answers.
rancid1616Yeah, it's. You're right, bro.
dcbk2laYou are right.
dcbk2laSo it's pretty hard, like I was trying to donate that.
rancid1616And that domain to them get get grants. And she was like all stoked about it and then just ghosted me completely. Like, I've not heard another thing and I've reached out to her a couple of times.
rancid1616I'm sure we'll hear back at some point. You're up verse.
dcbk2laHow we doing?
dcbk2laYep.
dcbk2laWhat's up, NFL champion? Yeah, man, I saw you. I saw you had to pace the space up, so I jumped right in, man. I saw, you know, had a little bit of time to despair. So yeah, you were talking about the the donation matches, right, for the gig coin thing. I just got it. I got an e-mail today too. So, but I think that, you know, you know, kind of what you were talking about as far as that dollar, that matching amount and how that was done. I I believe that it was done like.
officialethnerdOnce you reach the certain amount of donations, like on a tiered maybe like goes on a tiered type system, then it would increase, it would start to increase that and kind of roll into that whole quadratic type of funding you.
officialethnerdThat makes.
rancid1616Ohh, you're saying there was a threshold that we needed to meet first?
dcbk2laYeah, yeah. Like like let's say for instance, and I don't know the exact threshold, but let's just say for instance you got X amount of donations from, you know, individual people because the goal was to get it from individuals. Right now how many individual people donated like a dollar or $2.00 each? And I think once that reached a certain threshold then it would it, the multiplier would kick in right now, now instead of.
officialethnerdThat being, you know one, not now, instead of it matching like maybe $0.50 or you know, on the dollar, now you reach that threshold. Now it's matching every dollar for dollar, and then you reach that next threshold and now it's matching $2.00 for every dollar. And then it goes. It just keeps going up as more and more people donate.
officialethnerdYo, so, so any pro champ like because we jumped in pretty late, right? Like into the end of the round?
rancid1616Correct.
officialethnerdCorrect.
officialethnerdYes.
rancid1616No, see, I don't. I think it's just from what I'm understanding from what verse is saying is I kind of had a very similar understanding to where it was the. It was more the number of contributors you have than it was the dollar amount that you raised. But what I right. But what I what wasn't clear though was how many do I need? What were the thresholds? And like you know what I'm saying, like how do I know? Like when I get like what am I striving for, right. If you tell me that hey, it's an open
dcbk2laWhere you get paid. Cool. But if you tell me at 10, you're gonna get a 5X multiplier. Shit, I'm gonna work my ass off to get that 5X multiplier. But like, was that anywhere verse, was that actually in something like where it showed those?
dcbk2laThe limits?
rancid1616What's it called where it showed those like like the the threshold, like the level that we need.
dcbk2laYeah, you know what I I wanna say it probably was posted somewhere on that website where you know, once you applied for the the git coin grant, I I believe it was broken down somewhere, I can't remember exactly NFL champion. But I want to say that it it it provided the formula, right, because that's what we're stating right now, right is it is what is the formula that allows it to go into quadratic?
officialethnerdThat that quadratic funding where you start to see that multiplier kick in and I believe they had a formula for it posted, I just can't remember where it was.
officialethnerdOhh, I saw it, I saw it. That's what I'm saying. That that threshold wasn't in there. Like I was trying to understand like the simplistic version of like what is quadratic funding and like how does it work. I I literally, I couldn't, I couldn't find a resource that talked about it like in depth and B because they tried to simplify, which I appreciate. But the simplification just still left more and more questions where I don't think. And that's the thing, the only reason why because what you're
dcbk2laYeah.
officialethnerdNow you're at this tier, hit this threshold. Now you're at this tier. You know what I mean?
dcbk2laYeah.
dcbk2laYeah, yeah. No, I agree with that. I don't think it was made that clear. It would have been it would have been great if they they they would have made it a little bit clearer. So then like you said you could go out to your people and say, hey man, I need two, I'm two people away from the multiplier or three people away from you know the the $10 multiplier or whatever. Yeah I I totally get that.
officialethnerdYep.
dcbk2laRight, right. But if we could figure out those threshold and and if I can and what's a NFT verse? Sorry had to, didn't mean to just pass over you there didn't see bro.
rancid1616No, you good. You good, rancid man. You good?
officialethnerdUm, but I was just gonna say, like, now, because we joined the round pretty late, like, we have like a month, you know what I mean? But now this new round is starting, right?
rancid1616Here pretty soon, if it hasn't already I believe. But now we have a little bit of a leg up possibly and maybe hopefully those funds, if we didn't get a multiplier, hopefully those funds stay relevant, but I don't know about that.
rancid1616Nah, I think each round is different. Like you gotta go out and get it each round. Like imagine you have carryover. That would be nice, but I highly doubt that.
dcbk2laYeah. And the problem is, is like if you get people to donate, you know, whether it's a dollar $5, like how likely are they to donate, you know, like OK well round the new rounds just funded the last one didn't work out you know?
rancid1616Yeah, no, it's true. It's true. Yo, zombie. What's up, my brother?
dcbk2laYo, what's up, man? How you doing today?
hlfmanhlfzombiiChilling, chilling, bro. How you doing? You cranking over there or what?
dcbk2laYo, bro. And you know that. You know I don't. Stop. Brad, listen to this, right? The day yesterday. No, no, no, no, no. The day before yesterday. Did I not say, yo, NFL, what about if we put all the names in the damn pool and we do payouts the next day the dude comes on, what you call it, and says that true or false?
hlfmanhlfzombiiOhh bro, let me tell you something. If you are gonna get offended by people quote stealing your ideas, this ain't the place bro.
dcbk2laOhh.
dcbk2laOhh, no, no, no, no, no I'm not. I'm not mad that he's stealing that idea. I'm just glad that I see the future. I'm like alright, well, I'm not the only one that sees the the fact that we could be doing this, so I'm glad that they're doing that.
hlfmanhlfzombiiYeah.
hlfmanhlfzombiiHmm.
hlfmanhlfzombiiOK, good. Because I was salty as shit in the beginning. I was like, what the fuck? I just said that in the space yesterday. Like at three in the morning. Like what, you kidding me? And then it's like, Nah, man, you just gotta like, just roll with it sometimes. But yeah, no, you're right. You at least see the future. That's like at least you see where it's going. Which, like, to have that foresight, bro, is invaluable. It really is.
dcbk2laRight, man, I fucking called that shit the day the day I said it. Then the next day they came on and announced that was like, NFL. I think I'm gonna say it on Monday. You check your DM's, you know I DM you, I said.
hlfmanhlfzombiiI know you did. I know you did.
dcbk2laI said I think I would. I think I would say it on Monday. The other guy got up there and said it. So I thought that was hilarious. And I I heard you get on the stage. It was talking and I'm sitting there like bro, I know NFL was here and they said I know he does. So that was that was actually a great feeling. I was. I was happy that day. That was yesterday. Yes I was.
hlfmanhlfzombiiNice, nice, nice. What else you got cracking? Like, what else do you wear? What's on the plate lately?
dcbk2laYeah.
dcbk2laI love it bro.
dcbk2laUm, that's special. That's spatial, bro. I know when berserk on that thing man, I went to town on on that thing. I'm trying to tell you my spatial fool. If you go in there and see it, you'll be amazed. My special is, is it ain't like nobody else. So my spatial I'm about to it pretty much is a Twitter 2.0 really a discord two point O or something? And I I use it and I display everything from my Guild members and everything I'm about to do in these meta verses. So.
hlfmanhlfzombiiYep.
dcbk2laYou know, in TCG, what I was talking about before I got the number one dragon out of the 10,000 collection, the only Mythic Dragon. So I got that in the Guild and I got that on display in there. And then Umm, I'm a a part of this other little gaming collab, you know, umbrella of guilds or whatever you want to call it. And it's at the alpha origins. And so alpha origins, they, they were reduced to do some stuff with Pluto alliance and they broke off and so now they're alpha origins and so they th
hlfmanhlfzombiiOhh I have.
dcbk2laYeah, I have heard of big.
dcbk2laHow are you?
dcbk2laNow they're gonna get some passes. And so I'm about to have a pass. Yeah, yeah, yeah. I'm about to. They about to have about 40 or 30 passes and I'm about to get one.
hlfmanhlfzombiiHow are you showcasing them in spatial?
dcbk2laHow much? Showcasing what?
hlfmanhlfzombiiHow you said you're showcasing these people in spatial right? Or is that what you said or did I not hear you?
dcbk2laYeah, yeah, just click the link in my bio. The special link is in my bio. Just just go look at that for yourself.
hlfmanhlfzombiiI wanna see it, definitely. I'm gonna get back to my computer in a second. But yo, that's dope. How dope is special, bro?
dcbk2laYo.
dcbk2laYou know you.
rancid1616Yep.
dcbk2laNice, bro. Once you see it, bro, I'm about to blow your mind, bro. When you see this shit, you gonna be like bro zombie, what the fuck? And then I was talking to the chick Mona Meta Mona. And I was telling her, like, let's do an interview and I'm going to have her do it. We're gonna do it in the spatial. I'm gonna record it, put it on YouTube, and I'm gonna bring some of my Guild members in there. So it'll be a few of us.
hlfmanhlfzombiiShe made it a what?
hlfmanhlfzombiiNice.
hlfmanhlfzombiiYo Miss, Miss Gecko actually created The Newsroom for you bro. Like did you see it? Like on Meta Mona's page, she created The Newsroom Ramona so that that newsroom you're gonna be sitting in in the metaverse was created by Miss Gecko. Bro. This one talking about bro, I love the collaboration that spatial brings to like every like spatial is like, honestly, it's a connector of community event.
dcbk2laYeah.
rancid1616There.
dcbk2laBro, that's the spatial is so op, bro. I was telling some other NFT founders and some other NFL two people about spatial and how they need to make one and they just don't see it. I'm like, man, I can't beat the dead horse too much longer like so, but there's this special yo, I'm Oh my God bro, like.
hlfmanhlfzombiiHalf half real fast. Could could you kind of just like in a nutshell breakdown what spatial is cause? I heard of it a while ago but I haven't looked into it at all.
rancid1616OK. Yeah, yeah, I'm. I got you, bro. I like when people ask me to break things down, you know? So basically, like I said, it's like the Twitter 2.0 like a a social platform, pretty much 2.0 like I I think that or I feel like spatial is gonna be like the next Instagram, you know, I'm saying it's gonna be like the next the next Twitter. Like, you know how Facebook came. It was Myspace, then Facebook, then Twitter, Instagram, Tik, T.O.K, you know, I'm saying the list keeps going and this is where i
hlfmanhlfzombiiThe zombie zombies.
dcbk2laThis shit, so and and they have several rooms that you can pick from. It's all browser based. There's like what 6 or 7 free different rooms you can pick from. You can import pictures, you can, you can, you can, you can stream your window, you can window stream in there and make a big ass like window and you can sit right in front of it with your avatar. It's like a whole new experience. And then it has. I think it's pretty.
hlfmanhlfzombiiYeah.
hlfmanhlfzombiiYeah.
hlfmanhlfzombiiUh, huh.
hlfmanhlfzombiiYep.
hlfmanhlfzombiiZombie Zombie, Zombie, Zombie, Zombie real quick. Real quick. So to the new new new people, right when you say Twitter, Instagram, they're thinking, oh, it's a platform that can go post and blah blah blah, no rents. This is a like a virtual world where you have like an avatar, right? And you're literally walking around as an avatar and then they give you free reign, as in any social. They give you a totally free space for you to design and create as much as you want. So when he's talking, when y
dcbk2laWell, I'm showcasing this and that he's not writing texts on a like on a social platform.
dcbk2laNope. Look and wanna and and inside of the inside of the spaces in the auditorium I have the big ass window pulled up and I have the stream linked to my twitch or not my twitch to my Twitter. And in Twitter as long as you have the window open on your computer the video will keep looping. So if you go in there right now you can see the on my lava heads like video. Just keep looping and looping and looping through through the Twitter feed and then.
hlfmanhlfzombiiSo, so is that this game that you've got pinned to your to talk to your tweet?
rancid1616Yeah, and that's one of my Guild members. That's a game that him and his developers are making for the Guild. And we're going to do a whole bunch of like metaverse shit. This just like the tip of the iceberg. But like I said, this right here is like a brochure, like an introduction into like everything I'm going to be doing. And I know other people are going to utilize it the same way. It's just like, hey, I'm the first, first person to do it like this. So when you go in there, bro, you going to
hlfmanhlfzombiiZombie.
dcbk2laIf people haven't been utilizing it in the right way or the same way, we're about to.
hlfmanhlfzombiiHave you have you looked at other people's stuff?
dcbk2laYeah, it's all plain. It's all boring.
hlfmanhlfzombiiYeah. Have you gone to see? Yeah. No, no. That I know. Like, listen, some people are creating their own, right? It's like creative expression is like to each their own. Have you been to like Desis and vault masters like their penthouses and some of the world they've created?
dcbk2laWe're all.
dcbk2laI love that.
dcbk2laYeah, but I mean my shit, my shit got my own twist on it. I put that zombie twist on it. I got the Kobe, I got Kobe Bryant all in my shit. I got Bender in there. I got warrior, I got, I got a big ass volcano in there, bro. Once you go in there, I got the Batman Butler in there. Like bro, once you go in when you, it's got so much flavor in there. Like so much like, it's not, it's not no like generic shit. You could just press like copy and paste on. Like I put time into that stuff like this space
hlfmanhlfzombiiGuys.
dcbk2laGreat creating this shit the three days straight.
hlfmanhlfzombiiI love it. I love it. So jacket and I want. And I know that you can probably go on forever when it comes to that kind of stuff, bro.
dcbk2laYeah. So you gonna have to cut me off.
hlfmanhlfzombiiYup Yup Yup, Yup. So check it out. So what I was mentioning in the room yesterday and I'm trying to find the spatial and Shabbat. I'm I'm waiting on it. It was one of the one of my view community members. They run a a gallery where you can literally go just like put like they'll curate like a whole experience for you and you'll like put your your DNS domains like on display.
dcbk2laRight.
dcbk2laHmm. OK, that PFP.
hlfmanhlfzombiiOhh, that's what I was just gonna ask. Yes, so you can have your own gallery completely right.
rancid1616Yeah. So check it out. So like you guys here Novak talking about like on cyber, right. So spatial is just another alternative to on cyber, right? Like some people, it's just personal preference, right. Some people liked on cyber, some people like spatial. What I like about spatial though is the fact that their team is really, really involved with, I mean every single aspect of this. So like you're talking to them constantly in these Twitter spaces, they're taking feedback, right. So it's like if
dcbk2laIt's coming here.
rancid1616Like between Des, Grebs, gecko and a few other like community members, they're literally be like, hey, we need integration for this blockchain, OK, got it. We're working on it, right. So Tezos is obviously going to be coming very, very soon I think to spatial, I don't want to speak out of turn, but that's happening, right. They released Solana. Solana is now fully integrated with spatial. So they're going to, they're starting to figure this out. But in regards to the DNS names, what's up?
dcbk2laOhh yeah yeah yeah.
dcbk2laOhh, I'd just say it's definitely coming, yeah. Do do you happen to have the link to the site or the the actual website?
rancid1616It's. It's literally simple. It's spatial dot IO.
dcbk2laIt didn't pop up.
rancid1616Alright.
hlfmanhlfzombiiZombie put your link at the top, bro, so people can kind of go check out your room. And honestly, guys, it's it's really easy. Really, really easy. Like, you don't even have to give you a default avatar, but I'm going to get one of them to try and get one of the special peeps in here to, like, talk to you guys about this. But you can go create an avatar. Ready player me.
dcbk2laAnd you know when, like when I tell you, this has captured the entire V community and that's not an easy thing to do. Like this is where people are spending loads and loads of time and where people, right? Igv Vault Master does have created full on businesses, right? They're collaborating with artists that like they never thought they'd collaborate with in their lives and their and they're making money.
dcbk2laLike to the point where if you walk into, let's just say the gallery, right, one of the like a special gallery that I curate, right? Or let's say like Shabbat does one and he's got, you know, 2030 names, you walk into that space, right? It's all about the experience you have getting to that space, right? And you don't need a headset, by the way. The VR aspect is pretty freaking dope though. But getting to that space and then when you get there now it's like I see all of shabbats, ENS domains.
dcbk2laLike highlighted all around this room. It's like the room was built around like his DNS domains almost.
dcbk2laDude, that's that's so dope and you can use it with the R is that what you just said?
rancid1616Dude.
rancid1616Yeah, 100% you can absolutely use it with your headset with your.
dcbk2laWith request or any any other things. And it's even crazier when you do that. Like that is where it's like holy shit, but like you could do it from desktop.
dcbk2laYeah.
dcbk2laYeah, I've got the question. They pretty pretty dope but I don't know if it's because I'm on brave browser but it it's not pulling it wasn't pulling up that's why I asked believe.
rancid1616Huh.
hlfmanhlfzombiiBut I I think that's really, really interesting. That's awesome.
rancid1616Spatial wait spatial dot IO wasn't coming up.
dcbk2laOhh.
dcbk2laNo, I I don't know. I think it's. I think brave is blocking it.
rancid1616Let's try this. Go to SPATIAL, spatial.
dcbk2laDot IO cause sometimes like I don't know if people either spell it wrong or there's a space somewhere but spatial dot IO.
dcbk2laYeah, I pinned it too. I pinned it to the top as well.
hlfmanhlfzombiiNice.
dcbk2laYeah, it's a really.
dcbk2laEventually info. Man, that's really, really awesome.
rancid1616Yeah, did you hear how zombies talk going on about this role? Like, he's like, you could, he could literally, he gets.
dcbk2laBro, you're gonna love it, bro. I'm in love with this shit, bro. I swear to you guys.
hlfmanhlfzombiiHe can get lost in this, like, forever, forever.
dcbk2laWhich I think is pretty cool. So I just ended a couple of people to come in and maybe see if they have some time to chat about like spatial and kind of how we can maybe integrate this thing. But like this is what I would love to do. Like I would love to bring like the spatial community together with the NS community because I promise you, you guys are going to start realizing the dopest, dopest shit. Like I'll give you an example of like where my head goes if you own like a domain that is, let's
dcbk2laHey.
hlfmanhlfzombiiClothing in spatial right you have artists that are creating like wearables for the metaverse, right? That are looking for shit. Ohh, here it is. Scratch that zombie. Sorry, give me one second.
dcbk2laYo come come come you don't even Oh my God I'm about to you about to.
hlfmanhlfzombiiThe Metaborate ohh God.
hlfmanhlfzombiiCheck it, check it. Listen, listen, listen, listen. It's for you. This is for you. So my my buddy, right. And this is a client and a friend. He has literally created the dopest like VR like 3D model of a hoverboard. He's calling the meta board and I'm like meta board, meta transportation. I'm like meta transportation. This is it. And bro I was listening to him in a space yesterday because he's that was run by Polygon and he was one of the few companies, bro, I'm going to, I'm going to post it to
dcbk2laCalled Carved Labs you and him need to talk of, and I need you to educate him on exactly what you're thinking of in terms of what can ENS do, what your vision could potentially be.
dcbk2laWatch this, yo-yo, NFL, watch this. You want you want me to drop a bomb in here?
hlfmanhlfzombiiHmm.
dcbk2laHave you?
dcbk2laWatch you. You you want the sex thing you're talking about, you talking about you have to like make him understand. Come to my spatial when you get in here you were going to see I have all the all the DNS domains that I know. They're going to be bangers. I have them on the wall like in like like plaques. So like you know how like when you sell a million records you put your shit on a platinum record or something like that, right. It's the same concept to help people understand. And then I have s
hlfmanhlfzombiiI love it.
dcbk2laDirection to get some information about some N the the domains and shit. And then I got it's like cause you bro, you can customize it how you want to. So I've made it look like a whole music room. I got some pianos in here. The music's floating around bread. You gotta come see it, bro. You're not gonna believe it till you see it.
hlfmanhlfzombiiZombie Zombie does came in, he's like he's been throwing up the emoji like Ohh wait what? What's up Dez?
dcbk2laOr the zombie said he's on spatial now.
dezthacreatorYes, I did.
hlfmanhlfzombiiOhh, he's hurt. You got him hooked boy.
dcbk2laThat's fucking go zombie. That's fucking ohh how you liking it?
dezthacreatorIt's a it took one time, bro. It's as soon as I went in here, I said. Ohh man, it's going down bro. Thank you for showing me that shit.
hlfmanhlfzombiiOne time. For the one time. So you see why they're on sober shit. Wack as fuck, right?
dezthacreatorBro, I don't even know what on side braids, but I'm telling you right now, ain't nothing fucking with this.
hlfmanhlfzombiiThis is this. It is pure, bro. This is gold.
hlfmanhlfzombiiThey're trying to hide it.
hlfmanhlfzombiiThat should like where yo, but the crazy shit, when you go to Forbes, it ain't even mentioned bro, you. And then you go to all the 10 meta verses, you know, you go to all the other metaphors, like what the fuck is this is what folks looking at? Yeah, they're trying to hide it.
dezthacreatorThey trying to hide it, bro. I'm trying to tell you, they trying to hide that shit.
hlfmanhlfzombiiOhh.
dezthacreatorI stay on spaceships, yo. So there's I was just telling everybody kind of like what you kind of do. I don't know. So if you wanna maybe like what are the possibilities in spatial and like what are people using it for? And like I was I was trying to relate to like ENS in terms of like showing in the gallery but I'm sure we could do a shit ton more.
dcbk2laI mean well it's well basically my company does is help companies transition into the metaverse to get there and show them how to market with and and and the opportunities the metaverse gives them for digital marketing and giving their you know, customers a more immersive experience. So and they the biggest question you get is how do you do that? How do you convert the customers over to that? Well, it starts off with where are you communicating with your customers? Is it Twitter, is it discord a
dezthacreatorMost people hate their squad right now, but that's what goes out of doubt. You know? Just people just hate to go to discord. So if your communication is discord, you would hate in your discord. Yo, here's the link to now our immersive metaverse experience. And then you create and monetize that space and bring them there with Easter eggs. And yo, we left a sticky note here with a password. If you could find that password, you could claim the NFT that we have listed on the market and you'll have t
dezthacreatorOh my God.
dcbk2laBright.
hlfmanhlfzombiiSo we're helping companies, you know, monetizing space. Spatial doesn't need to have a marketplace for you to monetize it. They are coming out with a marketplace next year, but they don't need to have that for you to occupy the space. And the cost efficiency to a business is fucking less than nothing, $25.00 a month and if they want to, you could get a Tokyo pump for $40.00 and get a year. So I mean.
dezthacreatorYeah.
dcbk2laThis shit is so. It's so gold. But I have not spent a dollar yet, bro. Wait till y'all go in there and see what I've done. And you like bro, you didn't spend a dollar. I'm like, no, I haven't spent a dollar.
hlfmanhlfzombiiDoes he doesn't even know about uh, what's it called yet? We can go get the assets, um, Sketchfab or put them on.
dcbk2laOh Oh yeah, yeah, you could go download 3D assets and whole new environments. You don't just have to use the free ones there. So there's actually three websites.
dezthacreatorMessage send me send me some links, it does send me some links to um.
hlfmanhlfzombiiI mean, I could do that. If you send me a special, I'll drop the portal right to those websites and you're special so that you have everything in one place.
dezthacreatorIt's right up top.
dcbk2laDude, that is so cool. You can even do that.
rancid1616Yeah, I pinned, I pinned my space. So to the top. If you come in, can you meet me in there right now?
hlfmanhlfzombiiI'll meet you outside. Catch me outside.
dezthacreatorMan, pull up.
hlfmanhlfzombiiThis is, this is this is the speed of now. Like this is where we're living. Like this is how it is. Like can you go now. Yeah sure. And now literally these, they're two avatars are now going to go in there. OK well there might while they're mics are muted here they're gonna turn on their audio and space and they start talking to each other like yo, you see this, you see this, yo check this out.
dcbk2laAnd then start screen sharing. I could even show you exactly as tutorial where you could do it in your spatial. Exactly what I'm doing on my screen and yeah, I mean.
dezthacreatorNo, no, no, you.
dezthacreatorMan, you just drop me, drop me the links and some videos. I don't really. I don't need you to show me how to do it, but maybe everybody else needs a little bit of help. Just drop me them links and I'm gonna go.
hlfmanhlfzombiiAlright, I saw so fucking. I'm just going to damn you.
dezthacreatorJust the website.
dezthacreatorOhh man.
dcbk2laNice.
hlfmanhlfzombiiAnd then from here you you'll know how to get to different sites from here.
dezthacreatorHere's some.
dcbk2laBecause I was trying to. I mean, I like, I mean I'm gonna do some some 3D models in there too, but the little 2D should like just grabbing pictures off Google and and and snipping them this it looks cool. I I kind of like to look at it. It provides so.
hlfmanhlfzombiiYeah, yeah man. Like did you fix your settings like?
dezthacreatorYeah, you got to because if you if when I start streaming, it doesn't even let me stream if I don't up them.
hlfmanhlfzombiiOK.
dezthacreatorYeah.
dcbk2laAppreciate that. That's good. Like good. Looking on the on the heads up in terms of what you're doing, this is what I'm talking about. Like this is how this shit works. Like you see that like that that's that's as easily as it happens. And obviously like I don't even want to say zombies like like you know an outlier because I feel like between DES and the other people in my community that I've seen, it's like everybody's building different spaces. Like people want to express themselves creativel
dcbk2laSo yeah.
dcbk2laAnd so.
dezthacreatorYeah, you know, it can make you a lot of money. So if you got like 20,000 followers, but when the bull run comes back and you and 10,000 or 500 of them are sitting in the spatial together, y'all about to pick what you're gonna buy. Like you can monetize this thing. If you know what you're doing. You can fucking express yourself. You can make all kinds of stuff, bro.
hlfmanhlfzombiiSo the portals are going to be, you should look at the portals as part of your monetization part. So because your your situation is getting so many views and so much traffic, someone might want to host a portal within your space because now it gets more eyes on their space or their brand. So therefore you will lease that space for a week out time, a month at a time and then once that lease expires which they all working on to actually technically implement that in spatial you can get paid and an
dezthacreatorLeasing digital space.
dcbk2laYeah.
dcbk2laOhh.
dcbk2laAh, OK.
dcbk2laDigital, yeah. So you know like how you get the pop ups on your website from all the ads. There's a little bit differently now in in in Walmart, you were paid to lease a space to get more eyes on your Walmart shit. So I mean on your on your brand within the Walmart Metaverse, so leasing spaces within those portals. But if those meta verses don't operate like that or they didn't plan for the metaverse speed operating like that, that's where you get the limited limitation. It's not from spatial, i
dezthacreatorSo you just can't hop in as that ready player me which is a top avatar company which you need to look out for these new metaverse happen or compatible avatar that you could bring in multiple worlds.
dezthacreatorWow.
dcbk2laI didn't even. I know, I I know. I heard that once before. Like, the concept was probably you that brought it up, but like, I didn't even give it a second thought. But, like leasing out space? Holy shit.
dcbk2laI mean, I you even.
dezthacreatorThis is, this is what we've all been talking about and waiting for, right? Like in Metaverse, I know how you own metaverse land that I plan to rent out, release out.
rancid1616Nobody knows what to do with it, though. Like, everyone's holding Metaverse land, but they have no fucking clue. Like, I'll tell you right now, I don't know what to do. Like I know what it costs to develop some of it, and my God, like some of the costs I got was crazy, but I don't know what to do.
dcbk2laYeah.
dcbk2laAnd then when you see that a place that allows you space because those other places are hosting a space and basically told you, you know, not now I'm not knocking anything that's selling land or anything, but now that I've been introduced to spatial and seeing the capabilities there, I understand what the real metaverse and accessibility and where the majority of the people where masses would go, especially that they have outreach on a geographical scale where they're not limited to the billion
dezthacreatorYeah, so it's it's there's no, there's no money, no crypto being. It's just a a metaverse linking web two and Web 3. And I'm definitely in between 2.5, like that's gonna win all day like so.
dezthacreatorThe.
hlfmanhlfzombiiYeah, I agree.
dcbk2laI could I could see spatial being something that like I could use on tillia verse dot dot earth with some of the skiers works and stuff that I own.
rancid1616Like, do you think that that he here eventually, like once the Metaverse becomes a big thing, we'll be able to pop in between like different meta versus just like using a portal like you were talking about?
rancid1616Yeah, I mean we could do that. I mean, I I think the central land might have that. I'm not sure. I don't have land in the South space in the central land, but I know I can do that.
dezthacreatorDamn, I sound like a broken record from spatial anywhere and that has a fucking website or that has a hyperlink bro. I could go anywhere from spatial literally from web two and web three anyway.
dezthacreatorSo that's pretty badass, because that gives us a way to be able to use the land that we all own, or some of us own and haven't been able to really do anything with, right?
rancid1616Yeah that wait does yeah rents exactly so does can you put.
dcbk2laYeah, yeah. Because we teleported into decentral land, into a space where we had a party and spatial, it was like a celebration of the get together of that, that link, that connection to be able to jump portal, portal, both worlds. So.
dezthacreatorSo you can put a portal in your world, in your space to decentral end. There's just a link, yeah.
dcbk2laYeah.
dcbk2laYeah, you could put a portal, anything that has a website. I don't give a what it is that she got www.like.
dezthacreatorI love.
dcbk2laDude, I'm gonna DM you does because I have some more questions like regarding the the land I own and ways to implement it.
rancid1616Using spatial.
rancid1616Then you're gonna need an assistant.
dcbk2laMan.
hlfmanhlfzombiiBut yes.
hlfmanhlfzombiiYeah.
dcbk2laYeah, yeah. I mean, yeah, it's, it's, yeah. But I've been doing a lot of research on just the marketing because that's the main question. People want to know what's the point like cause and it's mostly leading back to gaming. People believe the metaverse. That's about that game and shit. Fuck that game. And what about the businesses that, you know, I'm saying the more immersive the brands like what happens to them like.
dezthacreatorMan I'm inside my the the record place that I got that I've done y'all gonna come in here and see us eventually. It's like the I call it the record room and then here I got one of my Guild members domains and I told you I got a Guild member he got the domain meter wireless. So I don't know how or when people are going to come in here and they're going to see that the east domain meta wireless. So if you got it if I know somebody else and they got a cool domain I could put their domain right in h
hlfmanhlfzombiiAnd so I'm going to be using this as like a digital phone book kinda because like I said just like you gotta realize this is kind of like a a brain trick too cause and I got the ETH wallet on meta and meta. So this is like the meta verse like atmosphere. And then a lot of people have meta in their name as a prefix like like I have a friend, his name is meta Prince, like the lady in the chat the other day, meta mono so.
hlfmanhlfzombiiMonica and and metastatic. I met his Addy, right?
dezthacreatorAlgorithm, yeah.
dcbk2laAlgorithms.
rancid1616Yeah, no, he's right.
dcbk2laSee, I'm telling you, bro, like, you gotta play the meta game with this shit. Like you wanna stay in the that, the the rhythm that the algorithms, whatever the fuck it's called. So yeah, algorithm. Yeah. I can't. I can't speak right now.
hlfmanhlfzombiiLook.
dcbk2laYes, Sir, there you go.
hlfmanhlfzombiiYeah, now check this. Check this out though this is like this is huge because say you landed a deal with like vans or something like that, then you can integrate a portal where people can go into shop with them. If if like maybe by giving them a domain, right? Like that's pretty bad ass.
rancid1616Correct. In its simplest form, yes.
dcbk2laBut and then The thing is about it's first movers advantage. So a lot of us like if you just start right now and then you and you get seen before everybody else, like like you already ahead of the curve, bro, doesn't matter. Just like it's just like with anything in life, Brother, first movers advantage. Whether you fuck up and you learn from your mistakes or you get lucky and you fucking winning like first mover Advantage, Bros get it. So anybody that's doing this special shit, I want to come s
hlfmanhlfzombiiThat's what I'm saying. We gotta follow each other on that bitch too.
hlfmanhlfzombiiOhh y'all follow me too. Go to your profile page and you could you could search people's usernames too. So on the search bar, if you type in a username, you just find some my mindset desk. So I got the easy, that's easy.
dezthacreatorLet's go.
hlfmanhlfzombiiOK.
hlfmanhlfzombiiThat OK, I follow her.
hlfmanhlfzombiiRight.
hlfmanhlfzombiiZombie see right, right, right, right below Here is is grebs like follow her, her and Gex. They're part of my community. They're the ones that are curating the galleries. But yo Shabbat, I wanted to give you a chance to ask some questions. I know you came up was good bro. Sorry to thanks for the.
dcbk2laAbout you there?
dcbk2laAlright.
dezthacreatorNow you good? You're good. What's up?
dcbk2laYo-yo, I'm here. My bad, my bad. What's up? What's up, champ? How you guys doing, man?
shabbat_ethChilling, bro. What's happening?
dcbk2laChilling, chilling. Uh, I was just looking for the Twitter. Like the spatial Twitter. I don't know if you.
shabbat_ethOhh, the Twitter account.
dcbk2laHad that name.
shabbat_ethXR.
dcbk2laIt's. It's spatial, spatial XOR, yeah.
dezthacreatorSpecial XR.
shabbat_ethYep.
dcbk2laYeah, and they got about 30 K followers.
dezthacreatorYeah.
dcbk2laOK, I'm like, I'm loving everything. I just wanna do like, you know, my DD just before I connect, you know?
shabbat_ethAnd go listen in on some of their spaces bro, because like the one guy that like runs like like a lot of like that that runs their main concern at few times like Tyrone dude, the guys such a G bro, he's so nice. He's literally opens up spaces just to answer questions for people, right. Like randomly. And it's just like wait what? Like the the the the team in my opinion also makes a huge difference right. Because when you start growing really fast, a lot of times like teams just kind of forget ab
dcbk2laYou're not just the number here, right? Like, yeah, you're starting from the beginning, but like, you have a voice and they make you feel like you genuinely have a voice and they execute on shit. Like legit, they execute on stuff.
dcbk2laI was like damn, this is quick that this stuff is being implemented like cause I know design then we're throwing fucking.
dcbk2laSo much feedback at them. And they took it and they ran with it, no doubt.
dcbk2laDude, that's a that's great.
rancid1616Yeah, they implemented. I'm sorry guys.
dezthacreatorSign for I'm sorry, it's a great sign for a company like being early. Maybe you have more of a voice right now, you know, than than most people.
rancid1616But let me give y'all like like like there's so many selling points that that that you're going to get for free. I mean not not free, I'm sorry, but because what I'm about to say ain't for free. It's $25.00 a month subscription. You got to get them some fucking type of money for fucking live off of. But $2425 a month, you get features like token gating your spaces. So give your fans a different type of experience. So get them you know, shows. If you haven't concerts, if they have the ticket, the
dezthacreatorLanguages and translation. So if you having a show, I mean if you're having a meeting or you know you, it's just a I don't know you you're speaking or speaker or something it translated to to their language for them. But over 75 to 90 languages like all that is something that you won't experience anywhere else except maybe zoom or one of these live hosting stuff that that isn't the metaverse. So there's.
dezthacreatorTo is that.
rancid1616And it's still not the same right, cause you can't curate the room right that you could just make the room look however you want.
dcbk2laYeah, it's.
rancid1616Yeah.
dcbk2laFor sure.
rancid1616Yeah, you can't cure, right? The room. You can't have people come into the room. You can't have 10 people curating their room with you. Like you see, I'm saying like the workflow is totally different. You can build at the same time in a different program and import that shit into spatial. That's your own app. Unlimited space, like unlimited land. You see what I'm saying? Creating on your own. So it's it's kind of hard to beat when the users can do the same thing, come visit their platforms and h
dezthacreatorThat's it.
dcbk2laYeah.
rancid1616Call it. You're gonna wanna home somewhere to clean.
dezthacreatorThat's the key. That's the key does.
dcbk2laUh, huh.
dcbk2laTook question real fast. Like, you know, they have, they had these concerts in the metaverse and and this and this and that, Justin Bieber and that. Is this what they're using?
rancid1616Oh, I don't I.
dcbk2laOhh well there's different meta verses so the plans when when I'm doing business with companies is to so you can have up to 500 people but it they have instances and that's 50 people up to 10 spaces but people can choose which spaces they want to if the overflow this starts to happen so you'll you'll have an overflow and they they also saying that you know if they start to get more users that need more then that's when they do the upscaling so it's never just the limit that you see now but there
dezthacreatorYep.
dcbk2laOK, have you have 2000 people and pay for all that fucking hosting and you know the service that they pay for. So yeah, they they're really conscious about that like they.
dezthacreatorSo check this out I here here's here's the most simplistic way that I can put it for everybody that is going to I I'm, I'm hoping land for every single person. Like at least listening here if you're a content creator. And what I mean by content creator is if you share information with anyone, whether it's on Twitter spaces, whether you're a lawyer or you have a business, whether you're a musician, whether you're a comedian, it doesn't matter, right? What the metaverse is going to allow you to do
dcbk2laRight is to be able to have a meeting place socially right or business minded, where you can ultimately and all the features that does just rattled off, right? If I'm doing something like for my business and I want to be exposed to a much larger audience, right, yeah, I can go out and invite everybody into my metaverse. But now when you have things like screen sharing, language translation, customization of a space, right, where people can go in there and see and look around and feel and touch,
dcbk2laNext to the domain name, they click on that placard and it takes them to the open C list thing, right? Like simple things like that. You can curate it however you see fit. And if the feature doesn't and what we're saying before about the team, if the feature doesn't exist, like I'm like, I don't know how many features you got them working on right now there's, but like I'm sure there's a laundry list of them that they're trying to get to where it's. And to answer your question, rancid was the Ju
dcbk2laIt wasn't done in spatial, it was I I don't remember exactly where it was done, but I know it wasn't done in spatial. But what spatial does really well is it bridges right the two the two aspects of the virtual world and the blockchain. Because a lot of people don't understand how does one talk to the other. And the simple fact of just token gating is going to be the start of at least. It's just my opinion of what I think is you're going to see how they're going to marry the two everything from
dcbk2laNFT's are gonna be like your neighborhood names, your street names, right. And it's like how are you gonna showcase them in the metaverse, right. If I go to Dev and I give an ENS name, I'm like what do I do with this? That is like how do I, how do I use this in the metaverse? He's probably him, Val master created me one yesterday. Like, they create like they can create a space around it. Whether it's to market it for sale, advertise, it doesn't matter. Like there's so many different avenues for
dcbk2laWhether they're yours, I don't know about your penthouse or khakis penthouse or whatever.
dcbk2laAlright.
dezthacreatorI'm I'm creating a space right now, but it's taking a minute. I don't know if it's my computer or or if it just takes a minute, but.
rancid1616Ohh what's yeah what's the load requirements as I know that like some people say on mobile it's really hard, like it crashes or whatever.
dcbk2laYeah.
dcbk2laMobile the mobile like Flawless Bro and mobile. Yeah, you get into the heavy spaces fast with the mobile.
dezthacreatorNice. OK, I like it.
dcbk2laThat's pretty dope.
rancid1616What?
dcbk2laOh yeah and you gave me another idea too Dave. When with the like how to get more eyes or bring more people to your space when converting your your fans over is the PO app. So if you if you have your PO app link inside you know your space then people have to go there and claim. And if you have a reward system, you could also put a reward system in your space as well and that would bring people back on a daily basis to come claim their rewards and the views.
dezthacreatorOhh, come up and then delete after portals happened so.
dezthacreatorHey.
hlfmanhlfzombiiRoll Oh my God Bro, Starbucks bought their shit. I think it was what, 58th or 100? Whatever it was, right for a loyalty program.
dcbk2laThat's what they did. They bought it, right? And they're instituting a loyalty program first and foremost is what they they put out a press release saying why.
dcbk2laThat that I'll give you guys a little little lava bomb and my discord, I actually have a discord coin, right? It's called lava coin. And when people do stuff in my discord, I give them some of this coin and in TCG in the metaverse and we building this big area. And then in this area I'll have like some NFTS that are that you can buy with specifically with this lava coin. You know I'm saying. So you could even do that with the spatial or you could have.
hlfmanhlfzombiiPeople come in and once they do a certain task, you could give them a a discord gated coin and then from there you could take that and you could tell them they could buy stuff inside that spaces that you own. And that's the beginning of monetization. Like this is how I'm doing it so.
hlfmanhlfzombiiI'll.
dezthacreatorBro, I would with punk. Punk. You're still here, bro. When you think about what's it called? The like button, right? Like like you created this whole like button thing. Like you now can take that completely virtual. And you'd be surprised what you could do with something as simple as a fucking heart emoji, bro. Like, it's insane what you can do. Insane. Sorry. Just get.
dcbk2laNo, no, you go.
dezthacreatorOhh yeah man it's there's so many things like think about how like when I think of a project like the leaderboard right. You can literally bring the ENS like the like the dot E leaderboard to life.
dcbk2laRight. You can click like. Think about it, wrench.
dcbk2laDude, it's it's insane, bro. It's insane. Like when you think about it and reward systems, like like you were just mentioning and subscriptions and you know, having been poet apps like this, I've heard about this for a little while, but I kind of got a little bit narrow minded because I've lost a lot of money in crypto. So I kind of just decided to hone in on a couple of things that I had had success with.
rancid1616Bro, it's French.
dcbk2laYeah.
dezthacreatorAnd and kind of just shut everything else out. But this is for for what? For what I'm doing and what we're doing with ENS like this is crazy.
rancid1616I see, I see. I definitely see. You know, this is just just converting people from just those.
dezthacreatorYeah.
dcbk2laLess informal like telegram and and discord into something a little more formal, especially when launching program projects and IT projects. Get to know your fan base, you know, I'm saying talk to your actual CEO that's in the metaverse. You could go catch them anytime because they got to be there type of situation, you know I'm saying like it.
dezthacreatorYeah, yeah yeah dude, it's.
rancid1616We're talking, believe me.
dcbk2laCorrect.
dcbk2laYes.
dcbk2laYeah, launch. You ain't launching your your your NFT project in the metaverse where I could meet you. Then you ain't launching at all. You can even turn on your camera, turn on your camera and let them see you real time. You see what I'm saying? Can even do that. And you're.
dezthacreatorBut all my my whole NFL champion, I'm building the sub domain. That's what I'm building out essentially. And that's eventually when I have like the base use cases down like this is the next step for me is the immersive experience where it's like you want to see what this domain can really do. You want to see what Tom Brady dot NFL champion dot ETH can really do. And then I bring it to Dez. I'm like, yo Dez, let's create a fucking ridiculous space so that if by some crazy chance Tom Brady decides
dcbk2laYou.
rancid1616Loops in there. What is he going to see? Right. Like are there going to be fans there are they gonna get notifications to like, hey Tom's in the space right now like what's like that kind of shit is the stuff that I'm talking about because it's. Yeah. One thing like and you're the zombie was actually saying this right before you showed up. He's like it's the new Instagram, it's the new Twitter, it's the new telegram. It's this is exactly what he was saying. It's going to be a new way of social i
dcbk2laIt it's basically like just walking down an aisle and adding shit to your cart.
rancid1616Yeah, like.
dcbk2laAnd you know.
dezthacreatorYep.
dcbk2laAnd checking out at the end, right? Like that's basically what you what you do. That's fucking so cool.
rancid1616So so special has space the other day and those crazy because I thought I had I thought, I thought about mad shit. But then they like yo, you gotta you know what's going to be popping? It's because if this metaverse is what you think is going to be then your username is going to be the most important thing. Just like a ENS. It's just I get your metaverse identity. So if everybody's going to be here as just like a just as your local home then Tim might want to have a dope ass fucking username.
dezthacreatorYup. So the meta prefixes, yo. I just think we just gave mad fucking value to anything with a meta prefix. Zombie. Props to you bro for going out on a that's like a banshee. This dude was registering meta names, bro.
dcbk2laYou want me to go on the list right now? Hold on. Give me. Give me one second. I'm not even ready for this. I'm about to blow your mind.
hlfmanhlfzombiiHere we go.
rancid1616Give me one second.
hlfmanhlfzombiiYo, he he thought about a lot, bro. He's got telecoms. He's got neighbor. Bro, he's got like agriculture.
dcbk2laI met mommies. I got the meta mommies.
dezthacreatorAnd the memories?
dcbk2laHere.
dcbk2laYeah, got a problem with me. Got no metal mommies in America.
dezthacreatorAlright ohh y'all y'all not ready for this banger I bought yesterday. Y'all not even ready for this banger I bought yesterday. So I bought I bought meta secondary market.
hlfmanhlfzombiiYeah.
dcbk2laWhat about meta legs? Yesterday they tweeted legs. So what I do, I go in and I got meta legs. dot E boy yeah.
ethgalaxy_ethOhh.
dcbk2laMetal legs.
dcbk2laOK.
dcbk2laWhat about? What about middleware?
ethgalaxy_ethMetal what?
dcbk2laI got metal legs. I got a what a meta postal. Meta Postal Service got met meta depot metal industrial metal lows metal wireless metal, metal peloton. I know y'all heard her yesterday said something about Peloton. I wouldn't got Meta peloton.
hlfmanhlfzombiiYo zombie.
dcbk2laI got metaphone. I got meta telecoms with CNK. I got a minute. Yeah.
hlfmanhlfzombiiYes, Sir.
hlfmanhlfzombiiOh my God meta peloton bro. That's it. Like you know how right now you cycle and you go through kind of like you know they have like live things like a mountain or this or that or whatever like.
dcbk2laCycling like Soul cycle class in the metaverse, bro.
dcbk2laMeta Unlimited meta peloton. What's up?
hlfmanhlfzombiiHoly.
dcbk2laI got married.
888meta8Metal.
ethgalaxy_ethMet a ride.
dcbk2laMatter where.
ethgalaxy_ethYeah, man, I got.
888meta8Yo, that's good. I tried to get better rides the other day. That's a good one.
hlfmanhlfzombiiI like that.
dcbk2laYou can buy it if you want. I got mad at movies, that's the dope one.
888meta8Yeah, bro.
888meta8Ohh, we're gonna need to go to the movies.
dcbk2laGood. That's nice.
hlfmanhlfzombiiAll right.
dcbk2laI got, I got meta dash money. That's alright. It's got the hyphen, but back it's alright.
888meta8Ohh, you fancy?
dcbk2laAnd.
hlfmanhlfzombiiI got metallic with one eye, so I reckon it's a dope name. It's for sale. It's for sale right now. Go bright buy it. Is that 4.25?
888meta8Nice man. Like this is crazy.
dcbk2laBut yeah, that was one of the first typos I did, and I was literally.
888meta8You know, did the fucking thing was, I can't believe it's available. This was like a year ago, man. I got metallic and but with one out and I was like, wait a minute, it went green. I bought it. Yeah, put a year, you know, it's like shit.
888meta8Yeah, have you all registered like Meta Doctor? Like professions and shit, meta plumber, meta fucking whatever.
dcbk2laNo.
hlfmanhlfzombiiNah, Nah, I think it's going to be a while until they catch on, but you know, but still no, I'll probably eat my own words.
888meta8You know what I mean?
888meta8Well, well, think about it like, what's going to go wrong with your plumbing in the metaverse, man, like.
rancid1616Hey man, you never know. You could spring a leak at anytime, bro.
dcbk2laUh, so so.
ethgalaxy_ethHe he gonna sew her back up all of a sudden in the metaverse and everything's just going to shit.
rancid1616No, but that's the whole thing, right? It's not a real plumber, right ranch. It's like your advertisement of a plumber. It's like when you're in special and it's like if something goes wrong in your house, right? Like maybe.
dcbk2laI could see it as a billboard for sure.
rancid1616Not, not even that though. What if there's like I can showcase video like yo, check this out, Comic Con San Diego, there was about 30 or 40 of us in the VC community that went into spatial right into like the VC Community room. And they were St and somebody was at Comic Con, shout out Kenobi was at Comic Con with like a GoPro, like a camera walking around live streaming and we all went in there, OK and literally they put the entire video up on this big ass screen and we're all sitting there with
dcbk2laWatching on our laptops or whatever, and the Avatars are sitting there watching the big screen and you're watching Kenobi walk through Comic Con.
dcbk2laYeah.
rancid1616Like that right there, wouldn't you? How does that apply to a plumber?
dcbk2laLike anything you want to showcase?
dcbk2laIt's it's yeah for sure. I get what you're saying for sure, man. Like advertising, advertising is it's crazy. Which actually gives me some really good ideas because I'm several large plumbing companies, so.
rancid1616Yeah, man.
dcbk2laFor sure.
dcbk2laI just wanted to, I just wanted to put note while we're here talking about meta derivatives, Nick Johnsons on stage live right now pumping our bags.
ethgalaxy_ethYeah, I got that metal wed as well, which is.
888meta8My idea for being like a sub domain thing with like loads of like a gift registry. You know what?
888meta8Yeah. Wait, what did you say? Uh, he's got a nick. Nick is where?
dcbk2laOhh.
dcbk2laNick Nick Johnson, he's live now on stage at uh at um, the conference, and he's busy pumping our bags.
ethgalaxy_ethI got it. I love it. I love it. You know. So that was kind of the news that I mentioned in the in the thing above. I reached out to Nick today. I shot my shot. And I've been kind of persistent over the last few days. And I asked him to come on spaces until like, let me host the spaces where he can, you know, we could ask him questions about like, what is the doubt, like, who controls the Dow? Like, what's the story? Like, what's the relationship between the Dow and TNL? And you know what I mean?
dcbk2laEver. But the communication, if the communication isn't there, it gets lost in the mix, right? You can easily misinterpret what somebody's texting, writing, whatever. So he agreed to come on a space with me. So I'm scheduling a space with him that's probably gonna be like at the end of this month. So I really want it to be as productive as possible. Like, not this foot. Like, it's. I'm telling you right now, like, in case you all know, you guys know how I run a room. Like it had like I want us t
dcbk2laKev, obviously from the morning update show, he's got a great outlet. Like just start soliciting questions like what are the things that we wanna know, punks, I know that you're huge on this. What are the questions that we want answered when it comes to ENS? And like how does this whole process work, right, whether it's the name wrapper, you know, basic decisions and I know it's not easily broken down and there's a lot of nuance to it, but I think it's a general high level overview. I think it's
dcbk2laThat'd be nice.
ethgalaxy_ethMean.
dcbk2laMake sure Garry's there. Garry's one busy trying to figure out, you know if the down vote on this NES sub domain rapper there's going to be multiple versions and I think he's got a good point. Like I mean we don't want them to just put out a version and then they charge us some hamburger Texans these subdomains. You know, taxation is theft. I don't want that.
ethgalaxy_ethTrue.
dcbk2laTrue, true, true. Hold on one SEC. I got shot coming up.
dcbk2laI agree with you and I. And I think that has to happen in a really constructive format and constructive form, right? Like, I want it to be useful. Like I want him to come back. I want him to keep talking to us, right? You know, I mean, what's up, Shaq?
dcbk2laHello.
domainhawker3How are you?
dcbk2laI just want to ask that what is the future of uh unstoppable domains?
domainhawker3What is the what?
dcbk2laWhat's? What's?
domainhawker3There is no future for unstoppable domains.
ethgalaxy_ethNo, she should. No. So this is.
dcbk2laUnstoppable domains like dot, NFT and other domains.
domainhawker3Yeah, very speculative.
rancid1616Um, what's the future of it? I don't know. I wish I had a crystal ball to tell you my brother, but they were a competitor in this space. They were really big competitor in this space, right. Like a lot of us here are invested in the dot E names, a few in the dot in the, a few in the unstoppable arena. But they're going to compete, believe you me. Unstoppable is going to compete with that. Eat for sure for market share. But I don't, I don't, I can't speak to the intricacies of it, man. I got to r
dcbk2laI got my money on unstoppable.
dezthacreatorThat that would be really beneficial, man.
rancid1616I got my money. Possible.
dezthacreatorJust trying to make friends.
dcbk2laOK.
domainhawker3Yes. Yeah, go ahead.
dcbk2laThank you.
domainhawker3Thank you.
domainhawker3Yeah, you're welcome, bro. Come on back.
dcbk2laUnstoppable, unstoppable.
dezthacreatorThe the one good thing about them is they have integrated into a lot of wallets, but you know they are not decentralized like ENS's and potentially in the future they'll have DNS clashes as my understanding.
ethgalaxy_ethSo this is what I want to do. Like, right? Like, I want us to be able to go about this this because this is a really important conversation to have. I'm still reaching out to the unstoppable people. They've yet to reply. And maybe somebody can help me out with that if anybody has a connect there. But I would love to have them in the space and tell us all about unstoppable. Like, walk me through all the features, let me see what we have, and then we can do kind of a comparative analysis. But I th
dcbk2laAt least for myself, I know I have not taken a deep dive into unstoppable, but what I do know is that they are gaining more like they have market share. Lots of it.
dcbk2laPeriod. End of story. Yeah, that's.
dcbk2laYeah, I want to say I, I look at it from a business perspective because if you ask, you know, whoever decides to put in the work and create the website ENS dot domains and you know and put together the doubt when you ask them who's the owners of the company, they say there is no owners. And that's something to worry about when especially you talk about liabilities or legal responsibility because if a legal letter was to come to.
dezthacreatorYeah, so this is.
dcbk2laYeah.
dcbk2laDNS dot domains who are who's the answer it? Are you saying the Dow is to answer it because there is no owners and then this goes back to the regulations but we're talking about the other day Dave about the $10,000 and I used that just because that's legal. Just just and the KYC. You can't operate in the United States as a change or anything dealing with crypto if you don't know your client. So how do you get past, how do you beat that legal standard and you know unstoppable is following those.
dezthacreatorAnd it's like so.
dezthacreatorYep. So here's the thing, right. I think the decentralization component of it, right is and and like we all and this is this is like by no stretch and I think I still have to have that legal space also with the with with punks and the other or other two lawyers. But ultimately it's like the concept of decentralization like where like there hasn't been at least to my knowledge punks maybe you can if you want to come up my brother please. There hasn't been a case where this has been tested yet.
dcbk2laWhere it's like, because they're decentralized, like, what is the legal ramification there? Do they have any, like, can, do they have any type of recourse? I don't fucking know. Like, and on the face of it, by definition they don't, right? But does that mean that you're free from liability? And we had this conversation, Dez, you want to laugh about the other day I was talking, it was zombie that came in and fucking dropped a bomb in the room, bro. And he essentially said he's registering domain
dcbk2laThey're like, you know, the copyright where it's like the in the circle and then like the R in the circle. Then there's like the TM for trademark, right? He's putting that at the either beginning or the end of a lot of the domains that he's creating that he's registering. And we were like, wait, what? Obviously, like, I mean, I was doing it too, but we were trying to see what is the actual legal ramification of it. And I was supposed to hold a space with a couple of the lawyer piece, but we coul
dcbk2laYou don't want that. Smoke essentially is what, like a big portion of the consensus was, and I was saying, but this is a fucking emoji on my emoji keyboard. I'm not really trying to represent like the brand or whatever. You know what I mean? And it went through.
dcbk2laIt seems more like a fandom. If you was like if you're saying Marvel and then you put an emoji, I don't know what the fuck that means.
dezthacreatorYeah, like that's like what if I?
dcbk2laRight. It's like you can't put that on a legal court document. You can't say like ohh, he used my name and put emoji at the end. And then what makes it even worse, it's like, alright, you're sitting here thinking like, should I do it, should I do it? And then you don't do it and then somebody else does it. A year goes by and they sell the thing for like 2038. You're like, bro, I could have done that, but I didn't do it because I didn't want to put the thing on then like. So I don't know if they
hlfmanhlfzombiiLike as a community, just put them in a pool on our own and then just once these big companies come, we could just hey, we got this for you. You got to give us some money though. We've been holding it for you since you like, not aware of Web 3 and whatnot. So I don't know, I'm not saying do it, don't do it. But look, man, look, you better take advantage of everything you get in Web 3 because all these big ass companies, they're going to take advantage of us. So like we just a number on the fucki
hlfmanhlfzombiiThat.
rancid1616Let's see what the lawyer has to say, zombie. Let's see yo, what up punks was good.
dcbk2laPlease.
dcbk2laYeah champ. Yeah. I was just listening and joining it and then IP stuff comes up and I can't help myself. So yeah I I requested I mean you know I got a good 10 minutes I could go into it. I don't want to take over space anything I all right. I mean I I never know how like deep to dive on it but I'll I'll I always preface it like this and and I address a couple things so First things first right I'm I'm a lawyer here in the US.
enspunksIn fact, even within that framework, you know, I'm in Florida, I'm licensed in Florida. And so, you know, this is a global, decentralized protocol #1. Why does that matter? Why is this global movement matter? Well, unlike web 2.
enspunksIt's a decentralized protocol. We register these things. We don't agree to any terms and conditions. This is an amazing thing. Why? Because our local, our national laws govern now. And so for me, yeah, I mean, it might be Florida law and then it might be federal trademark law. And So what, what? Why is punks bringing that up? But isn't that the way it is in web two? Yes and no first thing that goes down in Web 2?
enspunksRight you you go and you register a domain right. It doesn't matter what it is. Let's just use some some you know hypotheticalabc.com you know first thing I do is I go to a domain registrar GoDaddy. It doesn't matter which one. I'm one of them the the way they function right. They get a license from I can and so when I sign up for GoDaddy I agree to their terms and conditions. What happens when I agree to their terms and conditions? Unlike you know ENS that has none.
enspunksWell, I waive my legal rights. I basically say I will not avail myself to my local jurisdiction, to U.S. law, to the US courts. I say I give up my legal rights and I will subject myself to icans policies, procedures and rules. That's right, there are policies, procedures and rules. It's not law, but that is contract law. I'm allowed to waive my legal rights and subject myself to their rules, policies and procedures.
enspunksThat.
enspunksWell, you're you're allowed to.
enspunksYou are not allowed to waive your rights to a certain extent of law in the United States. As long as you're a United States citizen, there's nothing you can do about it. That is that you cannot charge me 50% interest and then take me to court because I signed that and there is a legal statute.
dezthacreatorYeah, exactly. So that's called a Usery law, right? So exactly there are governing laws, but when it comes to contract law, I can say I will waive my right to the court and I will subject myself to the ICANN rules, policies and procedures. Now is similarly to like what you're saying for example, right, if I, if I go skydiving and they give me a legal waiver and they say, you know, hey, you waive any negligence, well, I can't waive negligence.
enspunksYeah, there are certain things you can waive. Certain things you can't wait for. Sure. But you know, it's the same thing, right? The vast majority of contracts, it's not a level playing field, right? That's the idea of contract law is two parties, you know, there's a meeting of the minds. Well, that doesn't happen in the real world, at least any longer. You know, when's the last time you negotiated with Twitter before you sign their terms and conditions would go down? You know it doesn't happen.
enspunksHappens well.
enspunksThey have something called UDRP uniform domain name dispute resolution and basically for trademark holders they can drag me before I can't UDRP and and they make their claims and well you know it's kind of cool you know these are publicly available I'll call them quote UN quote cases. They're they're alternative dispute you know resolutions but they're published. You can read them, you can read the findings, the vast majority 99%.
enspunksLet's call it go in favor of the trademark holders. What does that mean in a centralized world? Well, that means I can can take it and give it to the trademark holder. And again that's most often what happens. Now, one important note there, it's not just limited to trademarks. It's also actually names. So in the US, right, we had trademark law that Lanham act, it's called. So the Federal Trademark Act, well, it didn't cover domains, so they extended that two domains when domains became important
enspunksBusinesses realized it. And that extension is called the anti cybersquatting Consumer Protection Act. So these companies not only have UD RP and I cannot drag you before if you violate trademarks, they can still drag you through the courts for damages and they can still get your domains through the US courts. But hey, I'm in another country. And again, that is relevant. It's applicable because it doesn't really exist in web two. You know, if I'm in China, they're a U.S. company.
enspunksTo I can. They'll get my domain and so I'll leave it at that. I saw some hands up. Sorry about that.
enspunksYeah, go ahead, the ranch. I know you had your hand up ranching and the great God.
dcbk2laI was just I was just curious so if I trademark my dot ENS or my dot E name right, my DNS domain, is there anything like say a big company or corporation owns it. Is there anything that they can do where my good to go and in the query?
rancid1616So it's another trick question, right? Take apple. I I always love to use Apple as the example. Who owns the Apple trademark? You know, most people say, well, Apple Computer Company does. And sure, they own a bunch of Apple trademarks. But guess what? There's a 45 classes of goods and services. They don't own trademarks in all of them. In fact, there's other companies that own the trademarks for Apple under certain class of goods and services. I did some research recently, but take a latex glove
enspunksIt happens to be apple latex gloves out there.
enspunksHe's not talking about that.
dcbk2laNo, but I'm. I'm talking about.
enspunksNo, no, I'm.
enspunksYeah, he's not talking about that.
dcbk2laNo, it's the it's the way that they registered their company in their state. So it would be Apple Inc, Apple LLC, Apple corporate. That's something they have to differentiate, tell the difference between. So that's the only way.
dezthacreatorI'm talking about the trademarks, not not the business names. So there there are multiple companies with Apple trademark. Another perfect example, people don't know this for 40 years. Apple got their asses sued off and lost for 40 years until the 2000s. And The funny thing is who they get sued by a little company called Apple Records. Well, who is Apple records? It's The Beatles. And so The Beatles, their record company was called Apple Records and they used to sue Apple computers.
enspunksAll the time. Every time Apple began to put sound cards in their machines, as simple as that, they'd sue. So like the first case, I think happened in the late 70s or early 80s, they settled out of court. I mean, you know, there was a lawsuit, so they settled in court, really. But it didn't go to trial. They settled. It was like a $80,000 nominal thing. Apple computers, paid Apple Records, The Beatles. And then, you know, Steve Jobs, he's never going to give up. He needed to put sound cards in. T
enspunksOhh.
dcbk2laGarden when you fired up a Macintosh, one of those early models. It had a little chime when the when the computer fired up. And Steve Jobs being the wise ass he is. You know what he named that that little chime. He called it susumi. And if you say it real slow it says so sue me and that's what Apple that's what Apple record did. And beetles sued him again this time when they settled they settled. You know it's a lot more than a nominal amount is about 20, three, $25 million this time.
enspunksWhy?
dcbk2laAnd again, you know, Steve Jobs wasn't going to give up. And we know he didn't because right when they have sound cards, they've got Apple Music, and Apple Music is where it stopped. He created Apple Music, has Apple logo, Apple trademark beetles sued him again all the way in the 2000. So from the 70s to the 2000s, this time Steve Jobs and Apple Computer did not settle. They took it all the way to trial. But here's The funny thing. Trademark law did not apply. Why?
enspunksOhh.
dcbk2laBecause they had settled those two earlier cases and there were settlement agreements, so contract law applied. And when they read those settlement agreements, what the judge found is in those settlement agreements, Apple record actually waived certain legal rights. So we come back full circle. They waive certain legal rights to their trademarks. The enforceability of it, it just happens to be the verbiage within these settlement agreements. And ultimately in that trial the judge determined, wel
enspunksInfringement, but because of these settlement agreements they are controlling and Apple records either knowingly or unknowingly gave certain legal rights to Apple computers, which included whatever that lawsuit was over. And lo and behold, now you have Apple music. So a 40 year dispute between The Beatles and Steve Jobs Slash Apple Computer. But.
enspunksThat's fucking crazy. Yeah. OK, so punk, let me ask you this question, right? Like, let's let's kind of go back to basics for a second, right, because I think that's, that's important, right? So right now with our ENS name, with our domains, right, if somebody gets a cease and desist letter, which I've seen in abundance from, let's say, a bank or whoever, right?
dcbk2laIs there a possibility of any sort of like being sued or like this bank actually coming after you? Is there legal recourse for these brands on my dot E domains?
dcbk2laBut I would say this.
enspunksThe the answer in law champ is never yes or no. It is always maybe. So what we do is we look at the law and then we apply the facts to the law. So I would just for purposes of answering your question, I would say most definitely. There's certainly the practical issue, right? Well, what are you going to do? Can you find me? Can you serve me? Am I subject to your jurisdiction? And if I assume all those things are true, how are you going to get it right?
enspunksAgain, so even.
enspunksEat.
enspunksWell, isn't that the big problem? Because now, because I think Banksy even lost his case and couldn't claim rights to his own IP because he wouldn't show up in court. So if there's no identity to it, then that means that that whole business is.
dezthacreatorIt's it's not going to be regulated, right?
dezthacreatorIt's gonna be banned, that's what I'm saying.
dezthacreatorYeah, like what's to stop everybody from going to create a doubt?
dcbk2laWell, so I'll tell you there's again, so a lot of people have this misconception that everything is anonymous or even maybe pseudo anonymous here in blockchain world. And it's certainly possible, right it? But people have no idea how knowledgeable you have to be about the technology in order to remain anonymous. I mean, you know a lot of people.
enspunksLike, they're anonymous because hey, if I go to ether scan and I look at your wallet, I can't connect it to any other wallet, and I get dead stopped, right. I I see. Oh, you made a deposit from a centralized exchange and and so I can't research further. Well, if I'm in court, I'll be able to subpoena Coinbase, for example, and I'll know who owns that account. I'll be able to subpoena, you know, Twitter and I'll get IP addresses. You know, the courts have law opened up certain things. There have
enspunksCases in the US, New York case, a case in the UK where you know, hey, these issues have come into play and they've allowed the lawyers who could not identify the parties to actually serve legal documents via NFT. So they create the NFT, they attach the legal documentation and then just send it to a wallet.
enspunksWhat?
dcbk2laEat, eat. Yeah.
enspunksOhh punks for real.
dcbk2laWell.
enspunksI told you Dave, they they they they they savings, they send their child support tickets to your to your wallet, bro.
dezthacreatorWhoa.
dcbk2laWe we're not anonymous.
rancid1616Yeah. Well, make no make no mistakes. There's law. There's procedures, you know Civil Procedure, 50 different states in the US, 50 different rules of Civil Procedure that look it tells you, hey, this is how you perfect service or process. And you know you you you do it in person you use a process server. You, you you know, there's just various methods used. If you exhaust them, you can't get service on the person. You can't identify them. It's nothing novel so.
enspunksTake foreclosure cases, right. Oftentimes if you see a foreclosure case, yeah, they know who owns the property. But then you'll see also certain defendants called John Doe one, John Doe 2, John Doe three. Why do they do that? What's the purpose of that? Well, they, the banks don't fucking know. You might have a tenant in there, might be a rental property. So they just go ahead and they name these John does and they can always identify them later, always, you know, perfect service to process on t
enspunksWriter rips case, you'll see there's a few people named and then there's also a bunch of John does who are those John does anybody who owns one of those Ryder Ripps Bake NFT's. I mean they're suing everybody and what's kind of crazy there is some of those defendants some of those holders of are are bake are holders of actual board API club. You know, so it's like they could technically board 8 Yacht Club in theory suing these John does could be suing their own holders because nothing's preventin
enspunksBoulder is a board API club from also holding, you know our our bake and and certainly they do you you can see publicly they talk about it. So yeah again there are there's practical issues. But realistically look if you're in the US you're violating a trademark. And so let's go back to the apple example. Right. All of a sudden you go to Apple dot E dot limo and I'm you know hey there's an iPhone there. I can buy iPhones and iMacs and I you know pads and everything.
enspunksAnd I'm just selling some bootleg versions. You, you come and you buy it and it's 50% off a normal apple and I'm sending you some China knockoff. Yeah, you know, if they they're gonna sue me and they're likely going to identify me and they're going to drag me into court and they're going to sue me for damages #1. And then they're going to, you know, as part of that they're going to make a, you know, request or you know, part of it. The the legal remedy would be turning over the DNS name.
enspunksYou know look, when push comes to shove, as a lawyer, I've seen it a million times. People talk a big game, you know, hey, I'll do this and that and and and then next thing you know you're getting served a little demand letter and you start shaking. You start going public and you don't know what to do with yourself when what you really should be doing if you had the balls of steel you said you had is you just keep your mouth shut. You go talk to your lawyer and you'd let your lawyer do the damn
enspunksUntil push comes to shove, Umm, so you know, there are, you know, it's, it is a very real practical issue. I mean at the end of the day, right. Let's say I had some trademark domain and what if I fractionalized it and then I distributed all these tokens I can't get. Nobody could give it up. So this goes to sort of your question, what if we created a Dow or a multi SIG, put it in the, you know, so yeah, there there's some issues with the technology it could.
enspunksRemove it from like any real practical ability to recover. But yeah, I mean, look, if they identify you, if you bear some responsibility, not only could they sue you, but in all likelihood, here's what gets really crazy. And I've said this from the beginning, it's why I say the NS gal is a gold standard because the Dow itself is wrapped in a Cayman Islands foundation company. You know, there's there's many legal entities that could be wrapped by, but it's wrapped, period. That's important.
enspunksWhy is that important? Well, here, if you're in the US, let's say I create a defy exchange, right? And I don't wrap it. You own some of my tokens. You're part of the Dow. Maybe you get some points off of, you know.
enspunksCan you can you define rap?
dezthacreatorYeah, yeah.
dcbk2laUh, yeah. But I mean, basically it, it exists within the confines of the legal entity. So, you know what if I, if I'm in the US, maybe I set up a Wyoming Dow LLC. Within the Wyoming Dow LLC, I memorialize the, the quote UN quote Dow smart contract. So pretty much the token contract. And then I identify that token contract as the contract that is So what the Wyoming Dow LLC does for the first time ever.
enspunksIt permits algorithmic management of an LLC.
enspunksYou know, you you can have like a corporation be the manager of an LLC, and other LLC be the manager of an LLC. But at some point it's not turtles all the way down. At some point there is a natural person, the.
enspunksHow? Yeah. How do you even form a a legal entity without a natural person?
dezthacreatorYeah, yeah, that. Yeah. OK.
dezthacreatorWell, you don't. There's always a natural person involved. Exactly. Yeah. So like if.
enspunksThat's what I'm saying. So when so when a company, you asked the company who's the owner or who's the initiator or the the creator of the entity, they say no one what is? What does that mean?
dezthacreatorWell, I mean, you can, you can look at a handful of examples here in the US funny enough. So in FL chimp, right. This is the way. In fact, I went through the SEC. I did a, you know, a what's called a no action letter request with the SEC in the early days of IC OS and basically take a nonprofit. The perfect example of a nonprofit, because they do this all the time is the Green Bay Packers. So you got the NFL. Every single team is privately owned by billionaires with the exception of the Green Ba
enspunksThe Green Bay Packers is a nonprofit entity in practice. What does that mean? Nobody owns the Green Bay Packers. There is no ownership of nonprofits. Now there's directors, you've got your board of directors and then you have members. That's the general structure. And then officers, those people in the day-to-day control of the business. What's funny about the Green Bay Packers is it's it's not super rare, but it's it's unusual that they do have stock now stock.
enspunksUnlike the normal definition and understanding, stock does not convey ownership of.
enspunksThe Green Bay Packers Corporation, again, nobody owns it. It's nonprofit. But every about, about every 10 years, what they do, they go to the NFL commissioner and they say we'd like to issue stock to raise money for the team because we don't have a private billionaire who can just cut a check. So they have to go to the NFL and ask permission. The NFL pretty much always green lights it. The next step they do, they go to the SEC and they say, hey, we are going to amend our articles of incorporatio
enspunksBecause within those articles of incorporation, like I was saying about the Dow LLC, you know, you might memorialize the smart contract well, they memorialize their stock, how many shares they are etcetera, etcetera. And then they say this is the change we're going to make. We're going to issue this many new shares and we're going to offer to sell them to the public this many shares at this cost. But we are not going to register them with the SEC and we do not believe it is an investment per SEC
enspunksAnd this is what's called a no action letter request. And so every time the Green Bay Packers does a public offering of their stock, they get it, they get it's not permission, but they basically get the SEC to respond to the no action letter request.
enspunksWhere does the money go, punks? Where does the money go that the Green Bay Packers make, though?
dcbk2laHuh. You know what?
dezthacreatorWait.
dcbk2laIt, it, it goes to the nonprofit corporation. So pretty much. I mean it's a substantial amount. Yeah. So. So like the the the last time they raised.
enspunksYeah.
enspunksThese are not-for-profit players bro. Like they they get advertisement paid, they get paid off all types of for profit reasons like entertainment.
dezthacreatorYeah.
dcbk2laYeah, yeah, yeah. Well, well, I. So again, just because you're nonprofit, that doesn't mean you're like a 501C3 tax exempt entity. That's a tax exemption separate and apart. But nonprofit does mean nonprofit, and that doesn't mean you don't make profits. I mean, people get paid every nonprofit, right? There's people who run these organizations and get paid handsomely. Certainly the players are employees of the organization. They get paid handsomely. The staff does. And so that's all above.
enspunksBoard. But what it means is.
enspunksLike any other team that generates a profit. And guess what? A lot of that might go into the pocket of the owner or alternatively, right down the road. We've seen it a ton in sports that the owner buys into these organizations and then they sell it for billions of dollars. That's the owner's money. Nobody will ever sell the Green Bay Packers if the Green Bay Packers were to ever dissolve, which is like, you know, the dissolution of legal entities when you wind it down, you know it's unforeseeabl
enspunksWith a team like them, but, you know, whatever, who knows? Maybe it happens. It means that if there were money in the bank account, it cannot get distributed, right? Normally that money would get distributed first to creditors. Whatever's leftover to the owners, there are no owners, and the law kicks in. And what the law says is any funds leftover would have to go to another nonprofit that's in existence at the time. And it, like I said, that there are these controlling documents, the articles o
enspunksThey identify who those nonprofits are. They you know, they've already got them identified. It's again never gonna happen. It's just one of those kind of in an abundance of caution. Hey, you know, again we're we're offering.
enspunksSo let me ask you this punks, right. So let me ask you this like if if I want to, I want to make it relevant to ENS, right. So when we were talking about the wrapped entity, right, obviously in the Caymans like is that, so the wrapped entity is ultimately that is the entity that is controlled by someone, correct. Right. Like so there is someone controlling that entity, am I right in saying that?
dcbk2laYeah. So the Cayman Islands Foundation company, uh, the it's, it's unusual thing. It was only created in 2017. A lot of trusts use it and a lot of crypto companies use it. It does not pay taxes. It can have owners. The ENS Foundation company does not have any owners, but there's certain, you know, there's certain positions. There are three directors of ours. It doesn't have to be 3 hours, has three. Nick is 1. Brantley.
enspunksOK.
dcbk2laOne, and I believe Jeff is the third and basically even though they're called directors, that's the title. They're more like an officer and a U.S. company. They're in control of the operations of the business. Now the business really doesn't operate. So they don't really do anything besides make sure that you know, the annual, you know, compliance documentation is taken care of by counsel, those sorts of things. Maybe if there's ever a lawsuit against the foundation company, you know, they would
enspunksThat's all and and that sort of thing. So nobody really does anything. And then within this entity, yeah, you've got basically the quote UN quote down and that has its own governance, its own structure as of right now it's got these three working groups, meta governance.
enspunksPublic goods and ecosystem.
dcbk2laGot it. OK.
dcbk2laPublic goods and exactly and and they've kind of you know it's gotta tell own rules and everything and then the Dow itself is in control of this quote UN quote community treasury. So that's the basic legal framework of of the yeah ES down ES Dale Foundation company and again even with you know it gets confusing because DNS is used so much but like three things in us Now NS Foundation company and then even you know the ESD.
enspunksAnd drive protocol itself should be acknowledged, but that's that thing that is out there in the wild, you know, and so maybe the last really relevant point about wrapping it versus, you know, unwrapped here in the US like I said, let's say I created a DFI company. There's a reason I'm using this hypothetical because they get exploited all the time, not even in bad faith, right. Hey, it's, it's a bad ass thing. People at home, my tokens, if people do an exchange, fees get generated. Some of thos
enspunksBut you know, hey, my contract had a bug in it. It got exploited. Millions of dollars got lost. Well, I've always said this, if you're not wrapped by a legal entity here in the US, you're legally speaking, there's a very good argument to be made. You are a general partnership. What's the problem with that? Well, any general partner can be 100% liable for a lawsuit for damages, and it's playing out before our eyes. So there is a lawsuit against the D5 protocol in California.
enspunksAnd the law firm who is representing the defendants is making this very argument and saying.
enspunksAny token holder basically should be the legal term is is jointly and severally liable. So, you know, we got a room full of people. Imagine we had her down. We don't have a legal entity, you know, giving us limited liability protection. We've all got tokens. Our contract had a little bug in it, some money got lost.
enspunksOne or more of us get identified and sued and but their name in all of us is John does as well. And basically if they win, what they're saying is it's a, it was a general partnership meaning once I get my judgment, I can collect it. I don't have to collect, you know whatever, let's say it's $1,000,000 divided by everybody in here and I have to collect that piece from this person, that person. No, I can collect it jointly and severally meaning I can get 100% from any of you. And that's the real p
enspunksDouse it potentially is, you know, if they're not done right, like the NS Dow, for example. And it's not the only way to do it. But you know, you're messing around, you got some tokens, that thing could be exploited, it could be sued. And yeah, you know I I don't like to say, you know, code is law, that sort of thing in web three. But certainly there's some factual issues. Going back to this idea how law really works. You take the law and then you apply the facts to the law. The one thing you ca
enspunksIn fact, be some new facts we have not seen before. But we're going to take those new facts and we're going to apply them to the law. And for the most part, it'll be covered. I mean, if there's a case of first impression, so be it. They'll figure it out. And yeah, you know, for for the most part, you know, it's just there's you got hundreds of years of case law and you name a scam, you name like even a good faith, you know, problem damages.
enspunksOdds are you've seen something like that before in law. There's been a lawsuit over. There will probably be some precedent that controls.
enspunksInteresting, yes.
rancid1616So that's pretty crazy.
rancid1616Oh shoot, my bad. I didn't realize I was on mute. Sorry, ranch got.
dcbk2laNo, I was just taking over because he found me.
rancid1616My fault. I'm like going into a whole spiel. I'm like, yeah, yeah, my bad. So punks, thank you first of all for that. That was like Super, super informative. I think that gives people kind of a good idea. And I get, I totally understand. Now, when you say, like there's never a yes or no right. There's no such thing as like absolutes when it comes to the law. It's like.
dcbk2laBut I I think you were here before when I said that I've been reaching out to Nick and he actually agreed, like, to do it to come on the Twitter space, right. So, like, let me post the Twitter space and him kind of, you know, come on and and really simplify things and kind of let us understand kind of the structure behind the Dow, behind T&L. And, you know, how are things going? Because I think it's important for like, having a direct voice to the community is important, right? Like, it's instea
dcbk2laIf you get one little nuance wrong, right? Like you're probably looking at everybody making some of these decisions and be like, what the fuck is that person doing right? Like, I can't even imagine what goes through your head on a daily basis, so.
dcbk2laHe's gonna come on. And I would love for you to obviously do it to like be there like with me, like, let's obviously talk beforehand in terms of like what the questioning is like, how the proper questioning like or what is the proper questioning for people. Like what are the main questions from the community? And I this is what I want from everybody in the NS community is like what questions do we actually want answered. So if I had to ask you like in the most simplistic way, like what do you th
dcbk2laJust in terms of structure and like how decisions are made, but like outside of that it's not, it's like not too crazy or complex. What do you think is important to know based off of your observation of the Community that people just aren't aware of?
dcbk2laYes, it's um.
enspunksI would actually, I I think that's a great question. You know, right for Nick or anybody in the Dow is sort of you know, because they've got all the experience in the world. They know this stuff like the back of their hand. They're part of the development and formation and they're just so close to it that you know, they're also going to probably be some of the best in identifying some of the the issues. And you know in my experience I think some of the issues that they've identified is you know.
enspunksEspecially in the Twitter spaces, the community, we're always talking about onboarding people. And oftentimes what we mean by that is, hey, getting people a wallet, you know, just introducing them to.
enspunksYou know, meta mask and and Coinbase their wallets and the coins and then why, you know, a human readable name makes sense. That's what we often think about when we talk about onboarding. But I think Nick and the members of the Dow would sort of look at onboarding from the perspective of.
enspunksYou know, hey, all of us in here on boarding us to the Dow, what does that mean? Well, it probably means a few different things. One, getting us some ENS tokens either delegating to a somebody else to vote them for us or self delegating so we vote getting us to actively vote, getting us into the S Dal forum and creating an account and participating, meaning reading the posts and, you know, replying, responding and, you know, contributing in that sense. And then maybe so champ, like you said, I,
enspunksSome of those steward meetings, like we said, there's three working groups. They have a meeting a week each one of them and so on. Boarding also means, hey, getting some of us from the community to show up and sit in and listen. I mean you had some great questions, right? You, you got those answered and probably, you know, again you probably wondered for a long time that and and then you finally get in front of the people who can, you know, articulately respond and so.
enspunksYeah I you know I I would sort of just say the question you asked me is would be a great question for Nick and you know what are the issues and and sort of have hammer spawn and so you know I'm.
enspunksYeah.
dcbk2laA lot of the effort I put in is to try to on board people to the Dow you just get in the forums cause a lot of the stuff we talked about in terms of quote UN quote alpha I mean everything I deliver is generally comes straight from that ENS style forum or those steward meetings and and like I I see somebody in here ginge dotties right I think she was part of this request for proposal which had $18,000 grant available for people from the community to submit artwork.
enspunksYeah.
dcbk2laSo we could have like an alternative PFP, right? Our default PFP is that blue avatar. They were seeking artwork for up to 10 billion generative pieces of art. So we could have up to 10 billion alternative PFP's. And you know it one, it's like, I bet a lot of people would wonder why do we need 10 billion? I know why, because we're going to have 10 billion registrations, that's why. And, and people don't understand that. That'll lead to another question.
enspunksBut the idea is.
enspunksNot enough people knew about that grant. Not enough people were in the Dow forums submitting their artwork. We've got tons of artists in here and I'm man, it's like I would love to see more of those requests for proposals and I would love to have seen more people responding. Hey, at the end of the day I want somebody to get $18,000. At the end of the day. I'd love to have a free, you know, alternative PFP with some great community generated art. And so yeah, you know, I I think so maybe shifting
enspunksIt's getting at your first DNS name to onboarding, meaning getting involved with the Dow itself would would probably be the biggest thing I identified. But your question is great. I think that should be the question, Nick, because we'll all probably learn a lot from that.
enspunksCopy.
dcbk2laYour hobby. OK, so you guys hear me?
dcbk2laWell.
dcbk2laYeah, I can hear you.
rancid1616Ohh OK good fucking card. So.
dcbk2laNoted.
dcbk2laSee now here's the thing. OK, so here's my next question because of that and now I want to ask you anymore. After this function, you gave me some tons and tons of information. Are you aware of now? Because like what? Just being selfish, right? In terms of what I want to do, like how I how I'm approaching this entire thing is like dealing out different use cases. So I'm like, OK, how does an ENS work with this or with that? Like, we were talking about spatial before, right? And like how do we go
dcbk2laLike to my understanding, you have to have like certain number of coins or tokens, systemic proposals. How do we go about proposing some sort of a kind of doubt? Can the Dow have a partnership? Can NS have a partnership with say like a spatial?
dcbk2laLike a like or a non cyber.
dcbk2laWell, uh, you don't need any number of tokens to be part of the forum or even submit uh, like temp checks or proposals. Now to get something to on chain vote you either need community support or you may need a minimum amount of tokens to do that. So yeah, they're they're you know, there's there's a concept there behind it. But yeah, yeah. So I just don't want anybody to be deterred like you. You don't need a certain amount of tokens to.
enspunksYou know, kind of put what they call a temp check out there and there's a bunch of other funding mechanisms besides doing direct proposals we've got like the small grants platform and then we've also you know got to get the get coin round. So there's there's you know a bunch of different funding mechanisms and then.
enspunksShoot, in terms of partnerships, this is where I, I, you know, I would probably defer to to them. But in general I don't think the word partnership would be a great term just because it conveys like the Dow being involved. I, I I don't think the Dow is ever going to really be involved in any commercial activity and it's just not what they do or intended to do so but.
enspunksFunding grants, that sort of thing where they have others, you know, so certainly you come with like spatial or on cyber and you know, there's potential if I, you know, suppose the Dow got behind it and they could show how it, you know.
enspunksBenefits the NS ecosystem or above the ENS ecosystem is just a quote UN quote public good. It could be eligible for funding from the Dow. So that involves the like NS Dow Constitution where you know the the funds in theory can only really be spent first for you know the the maintenance and longevity of the decentralized protocol itself number one and then any like funds.
enspunksLove and beyond those immediate needs can sort of go to fund the ecosystem. Slash public goods.
enspunksGot it. OK. So but who makes those decisions if it's not going to a vote, right? Because I guess I was under the assumption that or I think I was told this, that, hey, in addition to your git coin, like, you're available for like, you know, the small, the small grants, right, from the different groups. And I was like, OK, cool. And as I was starting to put it together, I was on the Dow Forum and I saw all of a sudden it's like, wait a minute, like, here everybody's voting with their tokens. And
dcbk2la100,000 votes, so like.
dcbk2laWho makes the decision? Like, well, let me step back. Am I understanding this correctly where it's like not everything has to go to a vote? The the other things that don't go to a vote, who decides?
dcbk2laDo you have any understanding?
dcbk2laYes, yeah, yeah. So um, let's say for example with the new ENS small grants platform, it's like ENS grants dot XYZ and you know they've basically it's, it's I want to make sure I explain it right like the first round they just had I think ecosystem or public goods and then the second round they had both ecosystem and a public goods so basically.
enspunksHmm.
dcbk2laAnybody can create a proposal. You get your proposal on there. The windows only open for a few days and then voting is only open for a few days and anybody with the ENS tokens can vote. And the way it's worked in round one and round two respectively is I'm going to call them is the top five got a 1/8 grant each and you know again it's, it's brand new. I think the amount of those, you know grants are going to increase over time. But the way that the people who received the grants, the winners.
enspunksOf let's call them those small grant rounds. It was a vote. In order to vote, you needed the tokens. But anybody could have created either, you know, let's just call it a proposal and submitted that. And so I think they're going to do that every month. It looks like, again, subject to change. They're sort of, you know, just seeing how it goes, getting feedback or improving the platform. Even between the first round, the second round, they changed the way the voting works, like round one. You cou
enspunksUh, you know, you could, you could pick multiple proposals that way. It sort of ranks them. Um, and and they'll just kind of keep improving it, you know, through feedback and experimentation and so.
enspunksWell, who makes the call and the ones that don't go to a vote.
dcbk2laWell, yes. So these other methods of uh funding, um again they're there can kind of two ways. So if you got like you said you, you mentioned this idea of oh, if you got a certain amount of tokens. Yeah. If you got a certain amount of tokens, I do think the threshold is 10,000. You might be able to push something to a on chain vote. And so hey if it's on chain it basically means it's open to the whole Dow. Again when we use the word Dow, we basically mean everybody with ENS tokens or.
enspunksAnd the alternative, you know again the way the tokens work is through delegation. You could self delegate, but I think the vast majority of people delegate their voting rights to somebody else through a delegate. And so it would open up the voting to delegates whether you know you're self delegated or you've delegated somebody else, everybody can participate in those votes. So that would be Dow wide if it goes on chain. Now also, you know again it's like it really is early and by that I mean.
enspunksHmm.
dcbk2laThe way that the Dow is organized, there's terms. We're only in term two and so term one, each one of the working groups got a certain budget and term 2, the the working groups got a certain budget. And these working groups are headed up by these individuals called the stewards. So like I said, those, you know, working group meetings are headed by the stewards every week. So you could go in Champ. I know you know who they are because you've been to some of those meetings is those stewards.
enspunksHave the authority.
enspunksTo, you know, do certain grants and based on the budget that they have for that term. So I think in the discretion of the stewards they can award funding from their budget for the term based on you know, whatever amount of that budget for the term is allocated for grant funding for example.
enspunksGot it.
dcbk2laOK, that's beneficial and I don't want to. I'm not trying to grill you punks. I'm just trying to get a better understanding in terms of how you understand it. So I appreciate you giving me all the insight, man. I think this is super important to note. What I didn't realize also is that we're overrunning with the domain plug fucking Twitter space. So my bad. But you know, punks, this was super helpful, bro. Like for real. And I definitely want to keep the line of communication open with you. Oh,
dcbk2laI am podcast, but he's gonna be popping into what he said was more and more of my spaces. Even if he pops in in 1520 minutes, you know what I mean? I think he sees the benefit of it. So I just want to give you a heads up there that we can definitely set something up.
dcbk2laBlah blah blah. What else? No. So guys, I don't want to be rude to. I kind of really want to go here with this domain plug space that's going on. So I'll open back up after the domain plug is over, OK?
dcbk2laAlright, I'll see you in a few.
dcbk2la