Universe XYZ Project, 22 Apr 2021

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From YouTube: Universe Project Call #2

Description

Website: https://universe.xyz/
Project Management Hub: https://github.com/UniverseXYZ/xyzDAO-PM
Agenda: https://github.com/UniverseXYZ/xyzDAO-PM/issues/2
Notes: https://github.com/UniverseXYZ/xyzDAO-PM/blob/master/Universe%20xyzDAO%20Project%20Calls/call_02.md
Twitter: https://twitter.com/universe_xyz
Discord: https://discord.gg/NFU

A

Hey everyone welcome to project call 2 for cacto and non-fundable universe. We're excited to get back in touch with everyone and let everyone know what we're doing so. We're going to jump right in like we're going to let ty our tyler and dima talk a little bit about the dow we're going to let tyler start and we'll. Let dmob finish any of the details that tyler leaves out.

B

Yep, um so just in general, this will be a uh a community driven call. uh A community driven protocol um we'll be releasing information about uh the dow, because the keck token will uh govern the dow and so most of the details around token distribution. Everything of that nature uh they'll be releasing shortly.

B

We have probably what I'm hoping is our our final call with the attorney today um and at this point uh most of the questions are really not around token distribution or the way that we are distributing the token they're, mostly around uh the auction mechanics.

B

So uh we have dmob with uh cesar, uh leading that effort on the dow. uh The dow will launch in very close conjunction with uh yield farming, um and so basically, the governance of the token will start getting distributed as soon as um well, maybe not as soon as we launched the dow, but but in very close uh conjunction and so uh the yield farming will essentially be a proof of capital yield farming distribution. There will be seven different tokens that you can essentially utilize to uh yield farm keck.

B

The thought processes is both from the people who have been extremely active contributors in the internal channels.

B

Some of those people actually run protocols uh and we very much want to align with their communities for the success of the project long term, um and so we can talk about like what those seven tokens are later um but long story short. There will be seven different pools uh with seven different tokens that you'll be able to utilize to farm the keck token.

B

um Also we will uh be doing an airdrop to the community members um and then a lot of the like core contributors and people who have been extremely involved since the very beginning will also be getting keck tokens.

B

um So there will be a pretty wide distribution of the token from uh the onset, and I don't know what other details we probably may should go over about the dao um other than saying that it is a uh it's very similar in structure both at the interface level, as well as the uh just basic fundamentals level.

B

As the barnbridge dow, um the one major governance difference will be that our token will have an annual inflation that will be controlled by the dow and that can basically be turned on turned off increased or decreased down to zero, which is a essentially the same thing as turning it off um and yeah. Outside of that uh everything that we are doing um the fees that accrue to the dow based on uh those efforts. um Well, not even efforts just like at aggregate.

B

The protocol um in general will accrue fees to the dow and the point of the dow and uh the community is to not only help with the governance of the protocol, but also to um help determine where we uh send those fees and and how they're utilized.

A

Perfect, thank you tyler. I think tyler kind of mentioned some of the yield farming um things going on and troy or dmob. Do you guys want to just expand a little bit more on the yield farming aspect, or are we still a little bit in the grade.

C

I would actually prefer to hand that over to dmob, but the uh the interesting thing about the yield farming.

D

With sushi so, uh but it's it's pretty much yeah uh details are hashing out, that's gonna be upcoming. Soon.

A

And I think that was one of the questions in the in the discord that I saw. So somebody asked uh what tokens will we be able to use to farm, and um I think we decided that we could share that info and so right the bat will be able to use ave tokens uh bond tokens, link, um compound elluvium, synthetics network tokens, sushi tokens and then, like drago, said, um the cac liquidity pool will be held on sushi and will most likely be a usdc cat pool.

A

um I think that is the main and you will be and you'll be farming tech and basically, how I think that's going to look is you're going to have to uh the same way that the barnbridge dial was set up like if you're farming, one of those currencies you'll, have to claim them at once. I don't know if you're gonna be able to claim them all at the same time.

A

um So I hope people like to know about that kind of stuff, but um I'm gonna pass it over to al and he's gonna talk to you guys a little bit about some of the characters that we're gonna be creating and some of the nfts and some some things along those lines. um But I'll. Let him take over for a minute.

E

um So, basically, with the characters right now, we have about 69 characters, we're pretty much gonna stick with that number. um We might split it up into separate drops like of 23, where it's three separate drops of 23 characters. Our goal is to have a background for each character like a lore type right now, um I'm I'm currently working on creating the lore for every character like for ape.

E

For example, I have a story that we're gonna make and do a con that we're making actually into a comic um it's about how he goes and retrieves uh an item from a temple kind of like indiana jones, themed, uh all of them all the all the comics. Every.

E

Let me explain, like each character is going to have a comic that is 10 pages long with two panels on each page, so uh 20 panels for each story, um I have a bunch of them already sketched, but basically, um once the artists finish, the the art for the characters, they're gonna, move over to the comics and we're gonna get uh 69 stories done each like a different genre like no they're, not going to be all similar.

E

They'll all be different, um but we'll have 69 stories and we're going to want to um we're going to nft the each page off the story. I can't get into like details about how that will go down, but that's basically how we're going to do it. Each each page will be separated, but um yeah. The stories are sick, they're, like they're like very interesting. Some of them are funny. Some of them are like action. Some of them are like me.

E

I haven't done any romance ones, but I might do some like romance ones like just all types of genres. It's gonna be sick. People are gonna, really get into it um and then I'm I'm gonna, also like once I get done with that. I'm gonna even make like a bigger, expanded, lore on like characters that people enjoy and like even lauren, like just the planets, and um I already have a bunch written before I started the comics. I was already going getting into that, but I I I've switched over fully onto the comics.

E

Like every day I've been working on new. uh I try to get at least one story done each day, but um sometimes I get writer's block you know, but it's it's going pretty well so.

B

Far nice one one thing just so the community understands like what's going on with the stories um I think I touched on this on the last community call, but basically we will have what are called um like core drops that are uh the best way to describe them.

B

Is it's like a cron job where, like the dow will um outsource like the creation of stories to people on the core team, um they're not always going to be stories, uh they are always going to be like nft drops, so we will basically uh code some of the like frameworks for like how to launch like how to do a good comic book drop on chain. We're also working with, like the lime chain team, on two versions of what we call polymorphic um nfts.

B

uh I don't want to get into like details because uh we tend to have people that, like front run us on ideas. However, uh I will say that, like it won't be anything similar to the the first drop so like every single drop that we do will release with uh creative commons for the content, so like people can basically go use it and we'll also be open sourcing.

B

All the code, so that when someone wants to come and drop like a game on our platform, they want to drop a comic book on our platform, uh we're providing the framework where it's easier for them to do that. So the more like core drops that we do not only does that uh bring um fees back to the the treasury.

B

uh It also um you know at scale we'll have a lot of materials for artists to be able to come on and start playing with.

A

Yeah tyler makes some really good points and, like almost everything that we're going to be doing, is, is going like if we're dropping, if we're doing a core drop, we're going to be trying to utilize as many of the tools built on cacti as we can to show you guys that really what the true possibilities are so like, even with the comics like we're going to have social galleries, and if you owned all the comics of that you know all 10 pages, you could have a slideshow of the comic and play it.

A

And if you have all 10 pages and then it's like watching an nft comic book on your computer, you don't even have to switch the pages. So like really while it seems like we're just making comics. There is a much much larger picture here to what we're actually doing, and we really just want to build this, this ecosystem of tools for artists to be able to utilize and do whatever they, you know, create their creations.

A

And then, if you want to do something with some of our characters like daryl, we encourage that, like we want people to be making short films, and you know making fan art and fiction and more stories about daryl, because it just creates more hype for the character. And then we know people like the character and other people like the character, and that's just really. The main thing is we just want to show that you can build this platform is meant to build up, characters, communities and nfts and really share your kind of love for nfts.

A

Basically, but uh I think we covered a lot on the characters um I'll try to edit some of the characters in while ali's talking um on the youtube. But uh tyler do you want to talk about any of the white paper or the docs? I know people are so ready for the docs.

B

Yeah um yeah, like I said I mean the we have to have final sign off with the attorney on a couple points. um I wouldn't say that we've like de-prioritized like getting that done, it's more that we've prioritized like code and actually releasing everything.

B

um So I don't want to give the impression that we've just been like planning this entire time. We've actually been building and there's there's actually a lot done both on the react, application and all of the designs, um so it is coming together in terms of the announcements.

B

uh I I've really erred in the side of making sure everything's bulletproof before we start uh releasing information.

B

um So you'll probably start seeing stuff that like whenever it does start to come out, it's going to come at rapid fire because, like not only are we going to release like the white paper, which will very much be like a light version of a white paper, um it will also start you know: releasing the dow information, the yield farming information, uh like the the what is universe and keck dao um articles, so yeah long story short is uh the docs are coming um and when they start to come there, there's gonna they're gonna be a lot of them.

B

uh Subsequently,.

A

Well, that's exciting news. I know everyone is really excited about the docs and it's freaking out and discord about it, but uh it looks like we have a bunch of questions from people in discord. It looks like the main question is when docs, um so we answered that it looks like we answered, yield farming questions.

A

It looks like the other question that we have here that is repeated is: when am I going to be able to mint nfts or create my own collection on the platform.

B

I would say that some of that's going to be up to the dow. We need to uh essentially come up with like a framework for approvals, uh but the answer is: is uh a lot of that will probably be managed in discord to start and people who have been super supportive of the project like early on um if they have like a quality drop like we're not going to uh like shy away from it like we, you know we want people launching quality things on our on our platform.

B

um I don't want to give out hard timelines on when everything actually launches, uh but let's say that you will all know the answers to those questions by the time that you need to know the answer to those questions, meaning like when we're actually like you'll know before we launch the auction platform like how we're gonna handle all of that stuff, um and hopefully like I, I mean I know, I'm giving like a really vague answer. But that's like the most information that I have at the moment.

A

Okay, I think that's sort of sufficient, but we'll just we'll take whatever we can get at this point.

A

Okay, um one last question it looks like we have is: is there any partnerships with artists playing for the upcoming launch, and I think I can answer that.

A

um Currently we have a few artists that are involved with the project like uh justin blau rac, uh dylan francis we have, um I believe, kyle gordon, is also an artist who's involved, um but we have a few big artists, I'm not sure if they're going to be like, I don't think they're going to be exclusive to keck down or anything like that, but we are definitely talking to artists in and pitching kecked out to them and non-fungible universe and all the tools that they're going to be able to use basically for everything from community building to nfts um maintained to custom tokens.

A

You know custom erc tokens, um so yes, the answer is yes, we are hoping- and we are already talking to a lot of artists- um we're not going to say who is dropping right now, um but there are definitely big name artists that are going to be dropping on the platform.

A

We have people with a lot of connections and know a lot of the big artists in the nft space, so I would definitely expect uh people to be using our platform um and even the small names. We have a lot of smaller artists that we want to port over, because we think that they have just as important of communities as well. So.

B

Yep and like even what, like tim, one of our co-founders, is doing with like his seven grants program, like he's, spent like the last month like vetting out artists, that he's basically going to be giving grants um for like his program and he's got like pretty substantial.

B

um Like backers, I mean on top of just like clout in the in the nft space, um but I would say that I have had through the investor network and just like what I call like the brain trust we've had very, very, very like top level, even media companies that have like been asking about the same thing. Everyone else like when is this launching?

B

Where are the docs like? What is uh universe, um so I would say, like one of the reasons we've been a little guarded is because we're expecting a floodgate, so um yeah, basically the community and discord and on twitter are not the only people that are waiting for a lot of information. At this point.

B

A

You know on the other side of, are there big artists coming to nfu and cacti? There's also very large collectors.

A

You know whale shark and people g money are investors in the project and I'm sure they're going to try and port over their communities, and they have extremely, I mean whale shark- has an amazing community, um the whale community, I'm sure a lot of people know about that in the nft space. But um I think collectors, big collectors are just as important as big artists and even people who don't nf phone nfts. uh I make a really strong point about this.

A

That artists, collectors, viewers, admirers and owners are all very important to the space of art and nfts, because while you don't have to be an owner of an nft or a piece of art, you can still admire it and enjoy it and they do create economies like the reason that museums are a thing is because there are people who admire art, and I think that nfts are you know, there's these groups where you know people they want them exclusive or this or that.

A

But it's, I think that just everyone in this equation is just as important and keck out really wants to bring everyone to the equation, whether you're just a viewer, and you want to look at nfts or you're a collector or you know an artist whatever you are. You know kept out if, as long as you're interested in nfts, we hope that it provides some sort of value for you.

A

So I think that's, basically all we got. Does anybody want to add anything to this call, or I know it's kind of a shorter call, but we're still limited on what we want to put out in the air yep.

A

Probably in two weeks we will have a lot more to say.

B

Yeah by the next call, and like I'm just looking through these questions, like the guy sosa he's asking about private round, like that's done, it's been over for a very long time. um How should artists individuals, with the original ip planning to launch on the platform contact, the team and dev team? I mean discord- is a is a great place um and yeah. Basically, the like.

B

I think I talked about this on a prior call, but like our dow and our platform does not manage like the ip like ip is intellectual properties managed off chain, so it's basically up to like the company or the artist.

B

That's uh putting it on there to basically under understand how all of that works, um but yeah, essentially just mentioning that, because he specifically said ip uh there's, not a test net, but um we will launch one when everything's uh up and running um and in terms of like the actual tokens that we're launching with for yield farming.

B

uh It's a lot of like the founder and investors tokens because, like uh our basically people in our communities, have overlapped with a lot of the announcements, so uh like bond will naturally be one uh sushi.

B

We have like ox maki who's, uh pretty involved in this project and so like we're using uh sushi, swap as like the lp4 liquidity as well, on top of it being one of the tokens that you can farm from like compound with robert being actually active in the project, ave with stani being active in the project um chain link, that's more one, because we just love the link marines and they probably have the strongest community in crypto, but also like chain link. God uh was extremely supportive of this project. Early on synthetics with uh kane.

B

um Also jordan, and I mean honestly, the whole synthetics team has been pretty proactively helpful in this. uh Also, his brothers started an nft project called alluvium um and basically alluvium is a another, uh is well first of all. They kieran kane's brother actually invested into uh this project, but also there's like a lot of overlap like they 100 want to uh release like an alluvium drop on our uh platform.

B

So there's you know quite a bit of. uh I don't want to say synergy because I hate that word, but it is what it is um and I'm not sure if I went over all of them so bond sushi, synthetics, alluvium, ave, compound and link. So that's the seven tokens that we're starting with.

A

A

And then there is one question about um land so with the land nfts, I mean like. We personally are not minting land nfts for a while. I know we would like to make games and like metaverses in the future, but that's not on our roadmap at the moment of stuff to build because we're first, our items is to build all these tools.

A

um I may be able to better answer that question in the future. I don't know if our minting function will just allow you to.

B

Land, I'm not really sure I don't think I mean, I don't really know how, like the land ones work but like virtual reality is a whole other animal. I mean maybe downstream where we like.

B

uh You know like when the project is very successful. The the core drops could get pretty complex, but I there's other groups that are that are doing cool stuff with like metaverse and and virtual reality, and I just I don't want to compete with them at that game. um We kind of have our like core competencies we're good at, uh and I think that that's what we want to focus on.

A

Yeah I mean there are some really built-out metaverses already like decentraland and crypto voxels, I mean, if you haven't seen any of those, I definitely would go play around on them and check out the meta verses yep.

A

What I think that is uh all we have for this project call.

A

So thank you guys for joining us and join us again in two weeks and on a thursday. Thank you.

B

Thank you, bye. Everybody bye, guys.

B