Universe XYZ Universe AMAs & Project Calls, 3 Feb 2022

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From YouTube: UNIVERSE XYZ AMA #2

Description

Live AMA with the Universe Founders and the XYZ community recorded on February 2nd, 2022

For future AMAs, Join the Universe Discord.

Discord: https://discord.gg/NFU
Website: https://universe.xyz/
Project Management Hub: https://github.com/UniverseXYZ/xyzDAO-PM
Agenda: https://github.com/UniverseXYZ/xyzDAO-PM/issues/39
Twitter: https://twitter.com/universe_xyz

A

We're getting a little bit closer to the actual start. um Some of the founders are going to hop in here so um yeah like sorry to anyone that hopped in earlier and we were, but now it's ama time the music will stop but well, I guess we can just entertain everyone until tyler, troy and everyone joins game time.

B

What time is it polymorph o'clock.

B

Polymorphaholics in the chat, polymorph aholics anonymous- I I need that in my life dude and the the polymorphs were one of the first nfts I was. I was buying right because I was like right when I I became a a d5 person and my mom was like. Please don't get addicted to spending all your money on these, and I think it's only gotten worse from there.

A

Yeah I mean like it's kind of hard not to uh spend.

B

All your money on this.

A

C

B

But but it was just how it uh how it played out.

A

Oh, I have no regrets. I think I over own over 100, so I think my only regret is that I wasn't just like just spending all my extra money on them. I guess.

B

I don't regret sending them to all my friends uh for nftnyc, but one of them listed it on, looks rare to get the airdrop and messages me is like dude, my polymorph left my wallet, and so I checked his ether scan and he accidentally stole.

D

B

A

Like freaking out so upset.

B

And I was like.

A

I'm not gonna.

E

B

Like not much I can do there, you listed it to get that air drop. That's just yeah! No man left behind. Well, he got left behind. Wait what happened so my my buddy listed uh one of the polymorphs. I gave him to go to nfc nyc on, looks rare and he didn't realize it. So he texted me asking why this polymorph left his wallet, but I realized very quickly because he sold it on lux rare.

B

Do you sell it? What do you sell it for .05.

B

Not gonna make it yeah.

A

Yeah hollywood.

D

You're doing great.

A

Yeah they're doing awesome they're as cute as ever.

D

There's a monkey on the floor with a gun and a sword.

D

I might go shopping.

A

So, like one thing that I like kind of want to talk about, the polymorphs is like there's always people like asking us questions about them like yo. What's like the best one or like? What's this or what's that it's like, um I just want to be clear to like we're, gonna build out a lot of tech, and I don't know like you know like we could be building games for the polymorphs for like five years so like to say one's better than the other.

A

I think kind of like kind of hard to tell right now, because, like you, never really know what like, which trait or like which thing is going to be like overpowered in a certain game, um like I can say, like the lightsabers right now, you know the lightsabers are a item in the polymorph universe. That actually is not. It doesn't belong to a set.

A

um So what we did is we actually like weighted it heavier in the game because, like obviously a lightsaber is a pretty powerful weapon, but essentially it's like one of the um contributing items to rarity. Unless you have like dual lightsabers, um because they don't like match a set. We have a pretty uh crazy rarity system, but you know they don't like.

A

I don't know how to really explain this, but like one thing that may be like rare or super powerful now like could be like not as rare or powerful and like another game or like another thing we build, um because we try to like build as much like logic into this stuff as well um like as we built the polymorph game, like you know, obviously, like the ripped zombie shirt, isn't gonna give you like a lot of protection in the game so like we gave that one, not a lot of defense, but you know, like zombies, are pretty uh pretty crazy and they'll attack you.

A

Even if you like shoot them or like you know, I don't know how you kill a zombie. um That's a pretty speculative thing right. So.

B

A

B

But that's a vampire, not a zombie, so I'm I'm not sure how to effectively handle this. A zombie problem.

D

B

D

I love zombie movies, you shoot them in the head or cut their head off.

A

They're, like a snake, though the fingers cute, I'm just kidding- I don't know okay, so I think most people have joined. How is troy in here, um maybe not, but I think we can go ahead and get started um so the way we usually do this for people hop on the uh or watch the universe calls online. So one idea that tyler had was that we want to start these calls making them more like community-centric.

A

So one thing that we wanted to do was just like: go ahead and merge. Our project calls with the discord animes because we had really feedback from the amas and people seem like they really like them so like at the beginning of these calls we'll just run through our normal, like project style updates and then we'll answer.

A

Some of the questions like in the project um we'll probably end up having everyone direct their questions in this pre-ama channel that we'll leave open throughout the week and like everyone, can just go there and post their questions and we're addressing the questions I get in there. But um like last week you know people post questions and we'll go ahead and answer them too, because um but eventually we'll cut it off and because this is a recorded call we'll want to upload it to you. So everyone can watch it.

A

So we don't want to make them too lengthy, but um we do want to like open up the end of the call to these like open discussions, because we really want everyone involved in universe to be, as you know, as involved as possible, and we think that this is one of the best ways to really um do that is by start working more transparently in and um like.

A

We want people to be able to come and contribute to our open source protocol, because that's essentially how dows need to function- and you know it'll, take some learning, but I think that we're on the right track and we have a good plan of how we're going to decentralize um really the transparency of like how we're getting work done and kind of when things are rolling out and allow people to kind of come in and be able to help a little bit more so that everyone's really, you know knows, what's going on all over the universe.

A

um So I guess we can go ahead and start with our updates. That's kind of was number one on the on. The list was to kind of go over. This new call style um these are going to be uploaded to youtube every week, like our project calls on just because this is you know, we're we'll do these at like three or four two o'clock in the afternoon. It'll depend um sometimes depending on our schedules, but we'll try to make it consistently at the same time, um but we know not.

A

Everyone can join this, but we wanted to make it friendly to as, along with you know, uh western united states, uh which is like, I think it's like one o'clock 12 o'clock in california right now, so we just wanted to be like aware of everyone's time, so we'll definitely record them up, um but I think this time works good for everyone. Everyone can like give their feedback, but I don't think we'll time of this call. um You know because we do record it, and everyone has the questions a week.

A

So um I think it's a good system and everyone can join if they have am. I.

D

A

This one yeah zach's already have started recording this nice and yeah, we'll we'll even have like some music before the project calls like. If you hop in here early talking about stuff, maybe like fluff alpha or like whatever like before this call, we were talking about a little bit of like stuff going on and just like speculating some other nfts so, like you know, we'll be in the discord a little bit early.

A

So if anyone wants to hop in there and like have a fun discussion, that's not going to be recorded um but like we will eventually like we'll start, recording and post. So everyone has these ability to watch these calls. So next, um we'll kind of like roll into the update.

A

And marketplace um I'll just go ahead and go over some of this and then, if ryan wants to jump in at all, he can um so, as everyone knows, we launched our mint last week and we actually got feel like we had really good feedback.

A

um We had a few issues on the front end, but we- and um we just want everyone to know that you know those minting contracts that we were.

A

um We could say they were essentially kind of bare, but we have a lot more features coming out soon and our one of our founders, tim kang, has been putting a lot effort in trying to you know, really get awesome, minting contracts written out and he's really been taking that on himself to add a lot of new customizable, nfts and nft.

A

You know more for the artist, um so you know eventually, tim will come on and tell us about a lot of those new minty features, but we have a lot of those front ends right now. Those contracts are done so, like we're gonna figure out. You know when those are gonna be squeezed out in releases, but you know I just want everyone to know like what you see isn't completely.

A

What you're gonna get we're going to be launching more and more types of minting contracts and more features as the community requests them and as our um developers and our founders bring like code to the table, like tim, actually writes his own smart contracts and works very closely with uh you know. Other big names in the industry, like uh monstercat and manifold to you know, build contracts that are artist-centric and that are for artists.

A

So we definitely want to keep focusing on that, and you know bringing updates to the front end that people from the xyz community uh bring forward and request, and something that's super powerful about that is. We are the xyz token is a governance token. We can vote to have all of this or any front-end feature or any type.

A

Any type of smart contract feature to be added. We can all you know, put a proposal in and vote together. We've actually had some extremely good discussions going on in our forums over the last few days. um Some people, even talking about doing an airdrop to.

A

um But essentially, that's up to the community. If we do that, um but that's the very powerful thing about universe being down, you know keep moving in the direction that we are.

A

I think that we're going to truly have a community-run marketplace that we can all take pride in saying that we built together and that you know, essentially what we want to do is build an open source community project that everyone's going to be able to build together and build on top of and move forward as nfts and d5, and all this really cool stuff that we're working on in crypto scale. um I want to also address some of the auctions updates.

A

um Some people may not realize that we're working on a few different types of version platform that you know the industry hasn't quite seen, um one of them being the justin blast style, option that he did last april, which was justin, had released an album and had certain different tiers of the album and um people were able to go bid on those tiers and multiple nfts could be in those tiers, and you could have multiple winners in each tier. So you know basically justin, I believe, had like one gold album.

A

I think he had five silvers like 20 regular editions, um but that was like 25 spots of the auction and each person that won a slot essentially got. You know multiple nfts that were locked in the tier. So it's actually a really awesome um auction style.

A

But one thing that we wanted to do was give artists the ability to take zero fees on these auctions, um because auctions are kind of a little bit different than just like listing something on the second like open c, um that's kind of why, like foundation, and some of these platforms um are more focused on auctions because, like the artists want to launch these one-of-one work and be able to, you know see what the see what the market will price it at because, like you know, it's kind of a weird thing to be like well are like: how should I how much should I sell it for it's kind of a weird question for artists to ask themselves or ask other people?

A

So essentially, what like the best thing to do is auction it, um and you know, openc had auction reserves where, like art, couldn't go for less than an eth, and that was one thing that we wanted to fix, because I felt that, like hey, like artists, art doesn't go for an eth like how do they you know how do they try and gauge?

A

You know what the what the fair you know, what the fair value of that is or whatever like they like. Let them try to gauge this in a way, so that was one thing that we um essentially didn't like and wanted to fix that. So there's no reserve satellite, um but you know there's no universe set reserve, but essentially this type of auction gives zero percent to the universe marketplace.

A

It just is a way, for you know, artists to be able to go and figure out like truly like what they can get for their art, and I don't think that necessarily you know, nft platforms should be taking a massive percentage like foundation. Does where it's like 15 30, you know percent on some of those one-of-ones that people are uh launching. So that's one thing that we really wanted to do in the arts is like, if you're launching an nft on an auction on our auctions that you that you made yourself.

A

You know you're gonna get 100 of the proceeds for that, and um I think that's something that really sets us apart and I even am pretty sure the contract is up. I mean two, but you can um correct me if I'm wrong, but essentially even if I wanted to go, if I had five board apes and I wanted to auction all of them off, um I'm pretty sure I can get 100 on there too um yeah.

A

I mean it's just that it's a different dynamic than listing it like you, can go, take your chances on an auction and go see how much a gold board ape's going to sell and you can actually get 100 for it. So or you can list it and like wait for someone to buy it and you know, take the market fee, but I mean that's a different dynamic right. hmm I'm willing to sell this thing in the next 24 hours. Let me, let's see what it goes for versus.

A

Like you know, I want a thousand e for this gold board ape I'm going to list it as someone. You know, they're ready, they can go, buy it. So we've really tried to think about like how this whole dynamic works and how other people should be able to use these. So we really think that the auctions, like we really made it for artists, but like we couldn't technically exclude like secondary sales out of this. So we just said um you know: let's do no fees but the marketplace.

A

I think there is a little bit of a misunderstanding about our marketplace. So, like our arch, our auction house is gonna, have zero percent and we say like if you're, an artist and you're gonna sell your artwork.

A

We're gonna have zero percent fees, but our marketplace is gonna have a a small fee, but we look at the marketplace as being a secondary market like if you want to sell your own nfts or you want to mint them on. You know universe, we'll give you the ability to auction them, but, like most, people are going and making their own like, for instance, like board apes, cool cats. They were all minted from their own minting country.

A

So, like most people, we see continuing to do stuff like that, but like most one of one artwork isn't minted like that so like when you go, make a one-on-one art we'd assume that you'd want to try and auction it, um but like we're already expecting that most nfts that are on us on the marketplace have already been sold to someone.

A

If that makes sense true. But maybe you can explain this another way that maybe makes a little bit more.

B

Sense, you're jumping a little, so I think mark is getting at the point and kind of how I see the the auction house is a a market to facilitate price discovery.

B

um This is really useful for artists when they don't know what their content and their art is worth, and it's very useful for say, a large art blocks collector, who might have a whole bunch of pieces that are not. You know, priced at the floor, for example.

B

um This will let you as a collector, go, and you know, facilitate price discovery for these more unique bundles of nfts that have not been really either sold in bundles together or even have you know history for themselves, um and I imagine there's going to be lots of other use cases that that will arise from that.

B

As there's like a lot of flexibility in how you can set up an auction like you, could just sell a one-of-one in an auction all by itself, if you kind of wanted to so you have a lot of customizability, but ultimately, it kind of helps, facilitate price discovery, um the marketplace when you're listing there, you are putting up a fixed price.

B

So it's not really as um it's not really as useful in that regard, which is why we're trying to point new artists towards the auction house instead of the marketplace, the marketplace, I see as a the kind of the where all the secondary volume will be going and that's where people will be going to to trade.

B

The art that they've, collected and kind of you know there is a level of price discovery that happens on the marketplace, of course, but it's very different that initial, uh that kind of initial spark or for first stop that has very little price history or previous activity, like rare art, blocks as an example um yeah, and I mean ultimately, there's there's no way on a contract level to to tell if it's a a resale or if it's a primary sale.

B

So for the auctions contracts, we just keep it at no fees and for the marketplace contracts. There will be fees, but of course, these will be competitive and lower than you know what anybody else is taking across the board.

A

Yep, okay, thank you, chuba that probably sounded a lot better.

A

um Our other updates will just be timelines, which is auctions are gonna, be probably within the next two weeks um we are looking at squeezing some features into the auctions. Contracts had some discussions about it this morning we aren't exactly what those are, but if we decide to go with that, it may add an extra week to the auctions.

A

It's not going to add any time for the marketplace, um but we are suspecting that the marketplace is five to six weeks out. If everything um goes to plan, our audits have looked really good. So far on everything that we've uh released, um we haven't released any of our audits, yet just because they have been done privately, but as we um as we roll out more of our documentation and logic about like how to connect to the apis and all all of our um audit information and all that stuff.

A

So it's just know that everything that we do release has been audited. um It's just we haven't like. We aren't releasing the documentation right away, um so just bear with.

B

Us on that yeah jump in mark with a few few comments on like the market. um I can talk a little bit about kind of what we're focusing on right now, in the sense that you know we're we're working on a few major components, one of which you guys have partially seen an early beta version of inventing, which is the the nft scraper. This is, you know undergoing some really really heavy updates right now and I think we're all really excited to kind of see a lot of improvement on that front and the other side.

B

That's very important is the order book side, which is where a lot of our innovation is going right now, and that's also where we're prioritizing the ability to easily integrate. So, for example, other traders will be able to come in plug into these apis and run their own existing liquidity, providing bots on them um and where it gets really important, in my opinion, is the ability for genie, gem and all these other nft aggregators to plug into us and show our listings on their uh their dashboards.

B

You know if we're offering lower fees in the rest of the market and there's liquidity at the floors. It becomes very clear where you want to be you know trading and that will you know hopefully be pointing more and more kind of volume towards the universe marketplace over the other ones. So that's a lot of where my recent excitement has has been focused on.

A

So we'll roll into updates on yield farming, um just because I like to give everyone updates about going on the token. um So, like always, you have the ability to govern. um We have had some proposals going on recently and we are actually probably going to start having a lot more for now that we have the marketplace and everything rolling out. So we'll start seeing a lot more forum discussions.

A

um You know, snapshot votes, we'll start discussing a lot more things like what should we be adding to the platform? What kind of things should we be doing so like, like I said earlier just recently, some of the community members had actually.

A

And there was a really good discussion around that um we haven't completely. You know decided, I guess we'll eventually push that to a dalvo and let the community decide on what we do. But uh you know this is just the power of being a dao.

A

What what we can do with governance is essentially the heart of the heart of universe, and you know whether you know whether we want to build together or not it's you know we have that ability we're going to be able to build whatever the community wants and votes on, and even if you know, even if the team disagrees, if it's something the community wants, you know it's it's the dow and that's how it's gonna work.

A

If we all vote together and it's the consensus, um it's gonna happen so, like even you know, we're not gonna, see dictator type decisions here at universe, like the other day, with open c, when they're like oh we're, gonna make 50 nfts only for every collection. It's like you guys would never have seen something like that here, because it's like we have to put a vote in um to make a decision like that.

A

Like we as the like team, just can't go make that decision and be like this is um because essentially we can be voted out and that's really the important side of governance and um yeah. I just like to talk about that all the time, but I'll talk a little bit more about the league. Dow uh is ending pretty soon, and I think this is actually the last week that you can farm enter tokens. um It actually may have already ended.

A

I'm I'm not even completely sure um but yeah um enter dow is ending, and I believe we may be a farming token for the asto, which is the altered state machine token. But I have not I'm not like I'm 100 000 sure on that, but just I mean I can. I think so. I think it's happening um also. The last thing we want to go over is just some polymorph updates and nick algae zach. Everyone can kind of hop in here and say, like we have kind of been quiet and also we're.

A

Essentially sorry, um we really refocus and we've said this a few times. We really transition our focus to launching this decentralized marketplace. Getting these.

A

Eight nine months um you know we dropped polymorphs, I think back in august or july, but we have like over a thousand hours of work into polymorphs um like the new polymorph scramble contracts are done. They we just haven't had the time to deploy them because right, we don't want to pull everyone's attention away with with what most people in the community seem like they care about, which is the marketplace.

A

So we've really really started. Focusing or we've been focused since october. On getting this out, I mean we've, we thought we were going to be able to launch october november, and essentially we had some issues that we had to resolve, but now we're, finally to the point where we're about to launch- and we have a lot of updates for the polymorphs um we've built a game ourselves.

A

um It's more of a mathematical odds game. um It's not like a I'm gonna control, my polymorph type game, um but we made that game a few months ago and we have seen the we've seen a lot of awesome games get built in the space and we actually have been in the process of building a second game with lime chain.

A

um George is actually building a pretty awesome.

A

um So we have two games in the in the works. One is actually finished um and it's more of an odds based game where you're going to be able to bet on your polymorph- and you know, you're wagering you're a to see if your polymorph is going to beat the other polymorph in a battle, but essentially we're going to use. You know random number generation, but we'll post a chart.

A

That kind of explains how you know each weapon or which you know armor is weighted because each item in the polymorphic universe is going to be weighted slightly than than each other. So like. As I was saying, you know before we started the recording, we were having some conversations chat about like or actually maybe we talked about this at the beginning of the call. But you know we really want to focus on trying to make like the polymorphs as equal as possible so like in this first game.

A

um We we made the lightsabers pretty pretty powerful, because essentially the lightsabers are one of the less um contributing items to rarity. Unless you carry two lightsabers, because the lightsabers don't really go with any of the sets um like they aesthetically go with the ninja outfit, it kind of looks like a sith lord, but it doesn't like technically add any rarity.

A

If that's what it. um If, like, that's what it's combined with, so we essentially made the lightsabers one of the most powerful items in the battle, but like us like, we tried to make it as logical as pos.

A

um Actually I think we did talk about this because tyler was talking about the zombies, um but essentially we made the lightsaber super powerful because it was the least contributing item to rarity like we wanted to make it logical so, like the armors are definitely powerful in defense, but they're gonna slow you down on your attack um and, like the zombie shirt, it's pretty good at attacking, but it's like a rip shirt. It's like something kanye wester. It's not going to give you like major defense.

A

So essentially, um you know we're gonna build a lot of games and like so this first game. You have all these different traits and rarities and powers, but like the next game we make it something else may get. You know be more powerful or or something so it's almost like the way fluff world does it work, don't like under look any trait, because you never know like what trait is going to get airdropped.

A

Some really cool thing that you know you only that trait gets like, for instance, like the potas, the the pixel of the apes. They get a lot of cool for fluff world like um like I own, a podo. I I can't even say I think I got a brick thingy. It has like these lego, brick backpacks, but you know, like you never know, I mean that's, not a trait on the floss. I guess. Maybe the mansion background would have been better. It literally says on the mansion.

A

If you look in the description, it says these fluffs only get the best but like who knows we're gonna make a lot of tech. Is the point of this conversation this rant and it's we are going. You never know like everyone's like damn. I want to climb, but like I'm, I'm a full set maxie. I'm I like, I think full sets are the are the coolest thing it doesn't matter if it's clown charles, but I'm biased at every. You know two, but don't don't shoot me. Charles chuba's, a cl uh clown charles maxi, so.

B

So true I I am, I can confirm.

A

Okay, so I just want everyone to have faith. You know, don't write off the polymorphs, we're going to be doing. A lot have like, I would say, a thousand hours of work, and then we have 3d models that are going 2d like sprites, that can go into different types of metaverses and they're actually were built for george's game, which you're actually going to be able to control your polymers be able to fight each other.

A

You know you're actually going to be doing a lot of, but george is probably going to kill me for even leaking from the game that he's been.

B

Yeah, let me just reiterate that we've collectively put in 69 000 hours into the polymorphs, because we like the morphs.

A

Yeah we like the morse okay, so we're done that would have been our project call and then this is when we're all like all right, see you guys later, but we're going to do community questions now and we're going to open this up discussions, but we are going to start with the project call questions just because that's usually due on the project calls- um and I don't want these people who posted their questions in here to feel like they got rugged, because some of these questions are actually pretty good.

A

Okay, oh this one's pretty long bob dude! You gave me a really long.

A

I was wondering.

A

Do we have plans of releasing staking pools in the meantime, I think that would get eyes on us.

A

um I mean we have like the dow staking pools. We don't really.

A

I mean we have the lp incentivization pool. We have the dow staking pool.

A

We have like talked about trying to get some ideas on how to use xyz token on the haven't, really decided, um there's some ideas in the community, but we yeah we haven't. Really we haven't. Really I mean we, we have doubts taking. We have lp staking if you're looking for staking opportunities. I say that's the best I mean you had to enter dow. You had league, um you have altered state machine coming. I believe xy.

A

I mean we've: we've really tried to align ourselves with some of the you know better nft projects um on the staking side, so I would just like bob. I would just stick to the like to these calls and just try to listen in as much as possible, because we do try to tell everyone about those up.

A

um Okay and then let me see if there's any more questions. This guy says my knee hurt. How will that? How will x, xyz fix this.

A

I was just kidding, but he really he really asked that well, we'll go to am prime a now. So, like all the universe team, I guess like on mute and we'll go ahead and start answering these questions. um I'm gonna slide up here. I think ben franklin has the first question and.

B

Yeah I can. I can touch on that if you like about the vampire attack. Oh that's good! No,.

F

His question is: what is the plan to drive the man to the marketplace.

B

Wait, how many did this guy I'm seeing his first question being? How does.

E

B

Accrue value back to xyz token holders. um Are we talk talking about that question.

A

Yeah I mean we can answer that question.

B

I'll start there I mean with the polymorphs there's the there's, a treasury that that is was built by the original sale um and that's in the universe dao, which is owned by the xyz token holders and the secondary royalties flow there as well. um So continued success of polymorphs does does accrue value back to the the the xyz dow. um The fluffs are a different story, that's not uh our project, but you know because we're we're partnered with them. We, you know, we.

E

B

Their success and we will do our best to kind of integrate with them as as possible.

F

Nice, okay, I bet franklin person, I remember having a conversation with him. His question was basically like. He sees a lot of big names on our on our team page that he is familiar with and um he was basically, it was kind of it felt a little trolling, but I feel like um he did make some good points and it was basically what um like how do we can actually connect with these people like are these?

F

We have all these names on our website, but like what are they doing to help universe and like what are our plans for marketing the in the future is basically what he was wondering.

B

Yeah I mean I can't speak to any specific individual, but every person who's listed on the website has contributed in some way shape or form, and we hope that they'll they'll continue to contribute and provide value to the dow. um You know we imagine that because they're all stakeholders in the dow that once the products are released, they'll have you know personal interests to ensure its success as well as the rest of us.

B

So I think that you know that's a good position that we have such a strong community um and uh you know a slew of of people involved that are that are stakeholders in the dow. um So I don't see that as being anything but a benefit to the community.

F

Yeah- and I also want to say that um a lot of them- they don't what what a lot of people want when they just first start thinking about um how can a person help they think? Oh, they could just be posting about us and um that isn't really true and from experience like just having somebody post about us isn't really helpful.

F

So it's it's way better when- uh and this is how we like communicate with our contributors is just if we get on like a relationship where it's we're trying to both be mutual, benefiting each other mutually be benefiting each other and um the way we. So it's more like a friendship that we have with all of these, and it's not like a like a. I don't know like you know, it's definitely not a paid show, not a lot of good projects do that, but it's also not a um it's.

F

Also, not just like um hey we're reaching out to you because, like you know, I mean it's more of like a what's up friend like we want to build together type of a relationship that we have with these people.

F

So a lot of those artists are just waiting for us to have the right tool for them to use or, and um a lot of them see us as a as like um a like a beacon and because because it's very hard for artists, like musicians and even artists, to make um money now like, like nfts, have created this um opportunity where it can be consistent for um artists and just creators in general.

F

So a lot of these big names you see. Well, there you see them as like. These celebrities, well they're normal people, and they just want to have tools that work the best for them. So that's why they contribute to us. It's not because we hit them up and we're like yo. We want you guys to help us. It was more of like a mutual thing where they heard about what we were doing and they wanted to get involved, and we and we want as many um smart people involved as we can get as.

B

F

B

We're all in the same boat, we all are very passionate about nfts. That means we've all been trading on openc for some time, and that means we all have our own personal reasons why we may or may not want a decentralized alternative, and so I think basically anybody on that page and anybody you talk to in the community is, you know very passionate about about building decentralized marketplaces for for nfds, because we're so passionate about you know: nfts themselves, the art, the tech and the the potential in the future for them.

F

All right, we can go to the next question now.

A

Okay, um the next question was.

A

Okay, um are there any concerns with the xyz token, having no utility looks holders get profit shares, but what's the reason to hold xyz.

A

What it's from underground man, who's.

A

Underground man just reposted, it.

G

So I mean this is a this is an ongoing conversation on the forum right now um and I've put my opinions in there um there's. There is a lot of legal, legal, weird gray area with that guys, and we don't want to talk about it too much, but um like rewarding fees back to token holders uh you you do start to kind of get in the into legal gray areas of like securities, and things like that. So um I don't know how wearable does it.

G

I know that resistance had put that in there that they do- and I haven't had time today to in like to research that um sorry, my days like right now are absolutely insane like I'm working from like six in the morning to like 10 at night. So I just don't have the the bandwidth to do crazy research on that, but I have worked for other projects that have done similar things and every time they do that it becomes just this legal quagmire of and like as of right.

G

Now I just think going towards in that direction. Before we have all this ecosystem built out entirely. I think it will cause more of a headache in that direction. I I do fully support a lot of these kind of collection, vampire attacks that are in that form. I think it's really smart, um but the utility of the token, um without giving away too much, because we don't want to leak everything that we're doing. I do think that there will be other utility built into it very soon.

G

That will um how I want to put this delicately, how you, how it will temper the expectations of getting rewards um or the the want of getting rewards, and I'm gonna leave it at that, and I know people probably hate me when I do this and I post this in forms and everyone's like well, then tell us what it is, but I I we just can't do that right now for that, um but that's my opinion on this: I'm not the only member, I'm not the I'm, not the largest voter, I'm not the biggest person.

G

um We are a dow and I'm here to listen to everyone's opinion, but that's my opinion and my name is on it in a lot of ways, so it might hold a little bit more sway, but you know I'm here to listen to the community about this and if you can come up with ideas around how to do it, I'm all ears.

B

I think troy if it's okay, if I jump in without getting us into any legal hot water.

E

B

Redistribution or anything like that or any of these weird dynamics that do become trickier, I think, on the surface we can say that the marketplace has fees and those fees are pointed at the dow, um and I don't think I need to say any more than that. Basically, um I think that that speaks for itself to some degree.

G

Yeah I mean the fee is due definitely honey, I mean the protocol, collects fees right and those fees go into the dow and how those fees are redistributed is up to the dow. uh Essentially, if the dow decides long term, they want to do something.

G

Ex I don't want to say extreme, but um if they want to do something, um I don't think anyone is not going to listen, but core team members are going to express their concerns. So it's not that we, you know, we don't want to it's just there's things that have to be considered like.

D

G

Looks fair is anon right like we are not anon, you don't know where this is coming from. They know that we're.

A

We don't even know if what they're doing is is legal guys are not like troy, said, they're a non like we're, a foley docs team, and basically, if we do like that, the reproductions fall back on us as the team and the founders um like we just have to tread lightly and be careful anything that we do or say around this type of stuff, so like until there's a little bit more like guidance or even more insight into what like is going on with some of these types of like protocol incentivizations, like you know like we, we can't even truly say that we know that like looks, isn't just like full-on watch trading, but like we're, not we're not gonna.

A

Go accuse other protocols of that, but, like there are like articles on the internet, say like this stuff is basically like fake numbers, and people are able to do this, and even that's even a more. You know. Legal thing that, like we, we just like, are like we like. No one has the answers to these things, and you know it's it's really like. If you go try to do some of this stuff you're really just you know it's like driving a bike on one wheel.

A

So, like you don't really know like you might be able to make it to the other side. But essentially, if you need to turn you're um but.

G

I don't know we can like. The thing is is that I would much rather get these things up and running and going and decentralizing them um before we get to that point, um but it is important to know that it's not like the marketplace isn't collecting fees right like it is built in there in some way we're collecting way less fees than open seat. We're collecting you know like we are magnitudes lower, and so these fees can then be used for collections that are they want to come to the protocol.

G

There there's ways to redistribute them accordingly um if it goes to all the token holders, because there's a token it just gets really tricky, and so if it goes directly right, so we need to think through this and we need to think smartly about it and I think there's going to be um stuff, that's included in the ecosystem that will temper this this sentiment.

G

um I really do think that so.

G

That I I just want to leave it at that, then.

A

Yep we'll leave it at that. Okay, the next question is from flammel. We love you flamma, he goes the temple. What is that? So? Do you guys want to talk about the temple?

A

Maybe don't give too much alpha, but definitely maybe shout out the temple, because that is coming soon.

B

I don't know if they have have enough power level to set foot in the temple. Yet it's a it's a very holy place.

C

I think that we should, I think we should not leak too much about tempo, just because we're still kind of we don't have it like fully architected and planned out yet um temple.

A

Let's put it this way, temple is a very safe place for your nfts and all your nft information.

A

It's not not like a not not like a safe, it's not a safe, but it is a place where you will go meditate with your nfts.

A

You go to the temple and then they will show you the way through the metaphors. A.

B

Non-Fungible sanctuary, if you will.

C

B

A good way to put it.

A

um Okay, has the team reached out to any crypto nft media outlet do interviews leading up to around the launch of the marketplace? No, we don't reach out to any crypto media places they reach out and we actually just got featured in fortune magazine last week about the lobby. Lobsters and honestly um I have a few journalists who have been reaching out who want to do some.

A

um You know articles about the universe marketplace as well, so yeah we will be also like we'll be posting our own articles, but yeah there will be articles from media in the outlets um we are going to be doing more amas.

A

um I've been talking with um regima at schiller, and he was telling me that he wants us to start doing more um like twitter spaces with other communities. um So we'll start joining those like the team will start joining those um we'll start figuring out more of that kind of updated. So definitely more thing is coming um part of the reason why you all haven't seen marketing is because we really haven't had like to market. Like you know, we had the polymorphs, but it's like we've been trying to build this marketplace and get all features.

A

So now that we really start rolling these out, we actually that we on for a few months we have a ton of stuff that we can roll out. We even have you know, videos documentation on all the all the products and features that we're going to release. So um we have a lot coming on the marketing side. We def connections with um some of the bigger brands. So we'll we'll work on that. um Don't worry about that mark j and then there's a pateradactyl head.

A

Let's talk pepe did we ever hear back from fury tyler? I think that's a direct question at you.

D

No, I mean he like responded with shield and pepe, but he didn't really respond to anything other than that. So I didn't know like.

A

Let's follow him, bring back pepe, okay, so I posted a question in here, but from twit from apollo 14. He asked I so I can't make the ama, but I have trends, will polymorphs be able to use asm brains and do polymorphs and goblin connection.

A

I think simply the answer to these questions are. Yes, um we have a plan for the polymorphs.

A

And we will be releasing that plan soon and yes, the polymorphs will be able to have asm brain. Yes, the polymorphs are going to be going to goblin town, okay, next question.

B

For lindy what the polymorphs are lindy, I think I think we've been around long enough where we can say that now nice we have, we have staying power because we are iconic.

B

G

Any members were.

C

Nobody knows anything, so if anyone tells you about goblin town, they're, lying.

E

C

About goblin town, I'm definitely lying because the sources they made it up because nobody knows, except for aaron and tyler, and if you they're not going to tell you, because I already tried what's the source nick made it up.

C

So all you need to know about goblin town is that all of you know all. I is that I know nothing.

B

A

Okay, so lucky luke saying you know when in the fluff disc, 8 000 people, and they see that we're partnering we're partnering with fluff world. How can we best explain to the average joe in the fluff discord? First off what is xyz?

A

um This is a three part question. I would I mean I can answer this. Essentially xyz is your token to a community curated marketplace, it's the gateway to what everyone has been asking for the last six months, which is a community community-led project that is controlled by the community. We are going to see features get pushed out by the community and it's also an open source protocol that anyone can.

A

And I think that's the powerful thing and really maybe the biggest differentiator of like us from an open sea or some of these other protocols is or actually I wouldn't even call them protocols, because we are a protocol and you know that's essentially what we're going to be as a nft protocol, where you know you can list these nfts and they're going to be listed on the protocol, not just some front end on openc or you know, but I don't know it's.

B

Hard to answer what xyz is I mean if someone else wants to take a crack at it? I, like the the second question. He asks: how do the?

B

How does xyz directly benefit fluff world- and I know uh most people holding fluffs- are not big fans of those selling fluffs, but we all know that we need to sell our fluffs here and there when, uh when, when the time is right um and the personal circumstances line up and in in those cases, it would make much more sense to list your fluff on on xyz universe marketplace than it would over on openc or anywhere else, and that's ultimately, what we're going for, not just for the fluffs but bit across across the board.

B

um So I think it directly benefits fluffs. In the same way, it benefits everybody else with lower fees priority at the top of the aggregators, and you know a smooth, comfy, non-fungible trading experience.

A

Tuba um trouba and tyler probably could answer number best um well. Actually, I think I could answer this too so like how will we truly take a share of the entire nft marketplace volume going forward so far, so many of our 50k fluff friends are experiencing searching flipping on open c. You know bottom line is how can we strategically make ourselves great great partnership where we all belong together?

A

um Okay, so, like realistically, we go from approach and if the artists and teams that are building these projects believe that you know xyz is like community run like it is, then we truly believe that that's what the incentivization is too. That's honestly, like it also tangles into something that we talked about earlier, like we haven't necessarily come up with any chance to incentivize people other than like we've built this marketplace.

A

That, essentially, is what people have been asking for and, like I mean an auction house that has zero fees, that's going to their work there, um a marketplace that takes a much smaller fee than openc. That's going to get people listing there um essentially there's other ways to incentivize people than just giving them free and air dropping um like we understand um people want that kind of stuff, but, like I mean like what is like, the apple iphone owning it every year, you know what I mean it's like. I I just.

A

I think that, like there's other ways to incentivize in this like looks rare model where there's people just like bom like clearly like, I can't even explain it like I don't know. Maybe someone else wants to try and like chime.

B

In here, but um yeah I mean me and tyler have been been talking about a concept he brought up recently, the the pareto distribution and it basically states that the the top 20 percent has 80 percent of the the impact- and this is true- you know across the board whether it's in like ant colonies or in you know, top 20 percent of workers at a company's doing 80 of the work or anything like that. um So I can't leak any more alpha than tyler will.

B

Let me share and I'm not not sure what I'm allowed to leak here, but I think that thinking about the the top 20 and focusing specifically on them is is a very, very critical decision that we could make.

A

Tyler, do you have anything to add, I mean essentially like we tried to build a marketplace.

D

I gotta hop everybody: okay,.

A

Okay, so andy kaufman asked kind of the same question like what plans does the team have.

E

A

Attracting new users marketplace compete with other pla.

A

um We kind of just answer that I mean like we'll we'd love, like community suggestions of what the community thinks we, um but like we'd, like to see like more suggestions and just like, looks rare type trading incentivization, like we've even talked about, I mean like incentivizing people for like trying to help us verify collections or doing all sorts of stuff like we like.

A

We almost think that it'd be better to come decisions as a community like if, like we've, we've brainstormed a lot of this stuff, but essentially like we almost can't agree as a team. It's sometimes like we need some community guidance or like just like, maybe like input on it of like what everyone else thinks we should be doing.

A

B

I don't really know how to say that I mean we gotta hear mark um if we're ready to move on to the next one yeah. I.

E

Just wanted to say shout out lobby lobsters, shout out universe, xyz uh y'all the greatest and that's it shout out chad and shout out zach uh both both both dj's and uh yeah. I'm not too big of a tech guy. But I own a lobby lobster and I love it and I love what it stands for and I love what y'all are doing and that's all really. I got to say.

B

The lobby lobsters love you taylor. Thank you g bird. So the next question is: will there be some form of dow presence to adjust the listing fees in the future? For example a 5 royalty fee? We open a vote on snapshot for xyz holders and if the quorum is reached, we adjust the fee.

B

So currently the the marketplace fee is a dow configurable parameter. What does that mean? It means that a dow vote on chain through universe governance, is required to adjust that number. It means that neither me nor mark nor anyone can go and single-handedly decide to change fees on you guys. It also means that a snapshot vote on its own is not sufficient to change the fees in kind of real life. The way that this would look is that we would have a signal form proposal where someone would bring up.

B

The fact that this fee that is currently set is not what we want. Maybe they want to argue for lower fees. Maybe they want to argue for higher fees.

B

um The community would have a discussion surrounding this and once there's you know a little bit of consensus and there's a coherent kind of approach, um it would go into the next stage, which is the hot, the hot, cold, hot warm test which is done through a snapshot, and this is done this way because, there's you know it's gasless voting, so there's no cost to actually get everyone voting.

B

Once a snapshot has passed the hot coal test, it's um it's kind of ready to be introduced into the the on-chain governance phase, at which point it'll either be submitted for uh a proposal on its own or bundled with a bunch of other proposals that have also passed these hot warm tests, and at that point, if that on-chain vote meets quorum and passes now the the royalty is adjusted um so that I think kind of covers from from start to finish. What that that governance process will look like and very specifically applied to this example.

B

That is, is already kind of built in this way, so that it can play out exactly as I described.

B

um Who can I give private feedback to regarding this call? um You can give feedback to to me mark you can send anyone with a green name, a friend request and and we'll be happy to to respond in a dm. If, if you want to keep it off the uh off the general channels.

A

um Which question are we on? Because I had, I had to walk away for a second.

B

No worries- I was just covering the the governance process a little bit and I I told ben franklin where he can go to to give us some private feedback.

A

Okay, cool. Thank you ben franklin.

A

um Did we answer this question about the success of the polymorphs and fluffs uh yeah yeah? I answered that.

D

C

C

We, like the fluffs.

A

Will the polymorphs join the burrows? Yes, they will um we've been working on art for the burrows, for I want to say the last two to three months. We have like full-on 3d super high-res um plus, but we also have low res or I'm sorry polymorphs. We have low res polymorphs too. um We have like all sorts.

B

Of different pixel art, it's it's high resolution, pixel art.

A

Well, no, but yeah, but yeah I mean like okay. So just so, everyone knows like when you go into the fluff burrows.

A

Technically the rendering is gonna be low, um so like they're not going to have like the the super high qualities they like eventually, I think they're going to get to that point, but um certain like sometimes I think, like. I think this goes at like video games like I'm. Not.

A

I maybe nick can explain this better but like when you play like pubg or something and you go super low res, like your frames for seconds faster, the doesn't glitch as much, but when you go super high-res you can like glitch but like obviously you're going to get a better picture but like your frames per second sucks sort of so like I mean I can't I don't want to speak on behalf of fluff world.

B

But like I know they did the highest quality polymorphs that they can. They can handle on day one and we'll improve them to be as high as they can continue to support. Yes,.

B

They will still look very good because I imagine they're going to have like lighting and like special rendering and some very cool stuff that we have not yet seen in the nfd space. So I think it's it's. However, it plays out it's going to look beautiful.

B

As beautiful as a polymorph can look, after all,.

A

Okay, I guess we answer this question about the airdrop.

A

um The airdrop ui page is like we designed it. uh We haven't updated it into the front end. Yet it's coming.

A

Do morphs get goblin whitelist? um We have no idea about any of that kind of stuff.

F

What is goblin town.

F

The whole, then we scroll down for like 10 minutes in this preama, it's just goblin, town, goblin, town, goblin, town, every question.

A

Oh one thing I do want to say is uh we had a in there you xyz airdrop, so uh we're thinking about something to do for those nine people um we're gonna figure it out, but yeah the cutoff was at a hundred, so we'll figure it out because those people, I think we're kind of indifferent about those people.

A

We might want to give them something cool.

A

Like they missed out or something all right,.

F

um It says: will there be some form of dial presence to adjust listing fees yeah? We.

B

F

Oh you answer that yeah. I think we like that question that was also kind of um confusing, because yeah.

G

You're gonna be able to.

F

Set your own royalties when you're listing is also.

B

Marketplace: layer, royalties, like the universe fee that we always take on everything.

F

Oh okay, okay, okay, okay,.

B

F

Nice but yeah, we also are going to have this cool royalty set up when you're listing the nft that I don't know, if I think we've explained it before on a on a ama, but basically we'll have like layered royalties you'll be able to test it out more when we have it released and understand it better. Then.

A

Okay, I don't really see any more questions other than.

B

um There's one more question I see mark um and it's asking how long, the xyz air or how many tokens they'll have at the end of the xyz air drop. um I can really quickly run down the fact that we cannot tell you how many tokens you'll have at the end, because it's dependent entirely on how many people claim their their airdrops are.

B

If you claim early, you will probably be bullied by our airdrop channel, but you will also have xyz tokens so that decision we leave up to the individual as we you know, we like the freedom, um but I know that that most of our community members have not claimed. In fact, like you know, what is it 100 out of 1700 roughly have claimed, um so you can kind of use that trajectory to maybe come up with some models of how many tokens you'll have at the end. But nobody can give you a deterministic answer there.

B

A

Cosmo kramer thinks we skipped over his question. Can you talk about a little bit of the erc consumables and like how you're gonna be able to rent out nfts on land works.

B

um Sorry, can you can you repeat that cut out a little bit.

A

um Can we tell cosmo kramer a little bit he's asking hold on wait? I just lost it.

B

Can you reply to the question and I'll I'll try to read it and answer it, or what am I searching for um here? I just did it I said yo, I see it. I see it all right. I've been thinking about it and is it a possibility that we would see products from entered out integrate into the universe, nft marketplace talking about landworks and metaportal? It could bring more usability to the platform and let users use all those products more easily.

B

On one joint platform, um I can't like confirm that this is a plan in the works, um but you know I have a little bit of insight into how land works and metaportal are being built and they're both permissionless systems that can be hooked into, um which means that if the community were in favor of us integrating these products directly into the universe, marketplace there'd be nothing stopping us from doing so.

B

um I could see you know a huge benefit of doing something like that, especially as these services become more and more desired by the people kind of using them, especially if land prices were to skyrocket and you want to run venues and shows and do other things. um I know a lot of projects like to have a set of land just for a week to run like a giveaway or to do a you know, whatever kind of community building exercise they're doing, um and this becomes more and more difficult.

B

You know, as the prices of these things go up um so so I can see a huge benefit to land works and metaportal being included as a part of our front end. But I also can't say that that's that's currently in the plan, um but I can say if you all want it to be, it could be.

A

Yeah we can do anything. Community wants that's the whole point of a dao.

A

Okay, atari god, dami medici, is right. First rule of god talk about goblin. Let's put this quiet award: okay!

A

um Okay, thank you for answering that question. Of course, are you? Are you still in here? Yeah, okay, resistance has a question directed at you. um If you want to read it out or answer it, um but it's at the bottom of the pre ama chat.

G

Yeah I see it hold on. Let me think.

A

Hello, it's kinda long, so you can take a minute.

A

I mean this is yeah, it's kind of long long. I mean dude, we're not lawyers, no wait, wait.

G

Wait wait I like they're, not sharing trees where they're cash.

G

Yeah, so um I think that is uh probably what a lot of people are hoping for um resistance is that we do get to a place like that. um The the thing is is like most, what a from what I've heard talking with other with lawyers and people in the spaces, uh there's being behind the scenes. There's a pretty big push to get some sort of um open.

G

I think it's called like open harbor laws in america to allow, for these type of token mechanics to actually be allowed to operate, because um there's just a lot of there's a there's, a lot of very powerful entities that want to see something like this happen. So it's not that um you know safe harbor. Thank you.

G

uh Captain cheddar, you choose them, um so the so the powerful entities definitely want to see this happen. It's just a matter of getting the laws and everything and set in place the way I I usually describe this, as is what happened back in the 90s during the first internet wave, where you were not allowed to transact on the internet with credit cards, and they had to go and get literally um like congressional approval there. They had to get a lock like a giant binding agreement passed through congress that allowed for this.

G

As soon as that happened, that's when you saw the floodgates open for the early internet, so you got places like amazon.

G

um I mean amazon is the most obvious, but then you had pets.com things like this, so you as soon as they did that it really kind of created the new this new intern, this new market that occurred and that's the internet. We know today, but that wasn't always the way it was.

G

There was huge, huge pushback against even allowing people to do credit card transactions over the internet, um and so now you have that same kind of energy and force in web 3 that's going on, and so I'm optimistic that we will get to that point where there will be this moment where this flip, this switch can be flipped on, um but we are not there yet.

G

So we have to play by the rules that we know and we are being um advised by from legal counsel, on what to do but like if the dow does choose to do something like this and people voted in, I mean there's there isn't much like that people here that can do about it right, like that's. That is the other side of the sword. I.

B

Don't want to give like an instruction manual on what not to do to make this happen, but ultimately, like we're a dow right, and that means that everything is up for a vote. Anyone can write a contract that does whatever they want that contract to do and make a vote to send those funds to that contract and execute that in whatever way they see fit, and if the dow all agrees to do it, there's nothing. Any of us can do to stop it again.

B

I'm not trying to write the instruction manual on what not to do to help you make it happen, but it is to say that that it is a real dow, and that means that, just like any other real doubt, there is no founder controller way of blocking any of these things from from happening in so far as that, like these tokens are out there, people can buy tokens and use those to vote.

B

um We can do our best to to stay compliant, and you know make sure that our proposals that we write are not in violation of of any laws, but we have no control over what anyone else is is gonna, propose or do or how they vote.

A

Hey, I have a question does like that whole, like credit card being because, like that's probably like way before my time, uh but like that whole credit card thing being able to be used, a legit payment on online troy. Does that kind of like revert back to where we were talking about how like nfts?

A

Even if, like you had a legal document on nft like the court like may not like, except.

G

I mean it's it like that. That's that comes down to like what the government um will recognize as a legal document. So I don't know what how I don't know what happened with github and when they started putting licenses in there. um That's a totally different conversation. I don't even know what what happened there. I do remember because I was like I think I was like 12 or maybe even young.

G

Maybe I was like 11., but I do remember when that um when that entered, when the credit card approval was passed because it was like everywhere and then all of a sudden, you had this explosion of dot-com companies and it was a free-for-all so, like people think like, if, if we ever see something like that in crypto.

E

G

You haven't seen anything yet like you, you truly are early, because these are global, like global, like ecosystems that allow for people to transact around the entire world, and so originally a lot of that stuff was just kind of based in america, but now the internet's everywhere so um yeah I mean that would be. That would be a really really wild situation and I'm here for it. If we do get there.

A

uh It looks like resistance, followed up his question with just like regarding wearable. They are.

E

A

Fees but they have cash back in rory. Could this also be a legal issue? I mean like we're, not sure I think I have.

G

To resist yeah I need to like I'd have to really go and look at exactly how that works, um and I don't really know what it means by the cash back.

F

Yeah yeah yeah, we don't know how wearable exactly has that set up. So basically the short answer is we don't know, but um they I. It would be very surprising to me if wearable didn't rebels team didn't communicate with lawyers about their decisions. Let's just say because that's what everybody.

G

F

G

I'd be surprised by that too, just because of the people that are involved there.

A

Yeah I mean they yeah; they they can afford lawyers they, if they're, not something.

G

About resistance, let me let me put it this way. Let me put it this way. I will. I will literally go and talk to lawyers about this. For you, okay, like I I will. I will write up an email if you can send me exactly how this works. If you send me an email about that or send me a message, I will do it and I will I will reach out to our people.

A

Nice, the way rare, I'm very curious, I'm curious too, I'm curious yeah yeah. I mean this is something that we have talked about. Part of the reason why, like we're so like nervous about things like said, like don't so we're just like all right um but like we see other people.

G

But like for everyone to understand like for us right now, our number one like north star for the past, like probably three months well since the beginning, but for the past three months we have been dead set on getting this thing done, getting everything off of dependencies that all other marketplaces are using, and so it's not that we're not like.

G

We don't want to look at this and like the tokenomics and everything, but the the literally the the overhead of getting this tech done was much greater than any of us had when we first started out to do this, which is literally a year ago at this point, where, like it was me, tyler tim sitting in hotels talking about like what can we do? What is like like after pepe is like, let's do a marketplace and it it.

G

It was a much bigger scope than any of us really realized what we were getting into and we became laser focused, and this is what we want to get done, and this is what we want to get out and all these conversations are really great and I want to have them. But the things that are most important is getting this thing out first, and then we can figure out this other stuff, because it's a doubt it's upgradable. We can change it.

G

It's not set in stone and all of you having a voice in here is what's most important because we're here for it.

B

Yeah, the the treasury isn't going anywhere and it's not going to grow without a marketplace. We're going to focus on getting that out and then I think, as as these conversations start to get wrapped up, especially over the next couple weeks. I think we'll be able to have better answers on on how this will look and we'll be able to answer without, like falling back on this, the shield of, like we're not sure about the legality, because, ultimately, no one, no one, can be 100 certain.

B

But as long as we we ship this marketplace, the treasury will, you know, accrue the marketplace fees and, from there it'll be up to the dow and the community has to to exactly how we do that, and you know I think I think troy basically is saying we're gonna. He he's gonna, look into it as much as he can, but we can't you know, can't give you everything right now and I think that's okay,.

F

um I wanted what I was trying to say is that he part of this question talks about the way that they airdrop their tokens to people, and I'm gonna drop a link to this forum that we have going on right now. That um uh is like basically about this topic and you guys can check it out and participate there. I'm going to share it in pre-ama.

F

So take a look in that chat right now there it is what algae is trying to.

B

Say is that I think we've all been here for almost an hour and a half. Now I'm not seeing too many questions rolling through so take it to the forums people.

G

B

G

Roll so thanks everyone.

B

A

Everyone naga, um our air drops, have already kind of been determined, but you know if you are interested in air, drops just go, join this open c forum discussion and that ally just posted and put your input in, um and you know we're all part of this. We're gonna we're gonna discuss it. If we think the commute this is see like we're. Gonna put this into a into a dalvo, so thank you everybody for joining. Thank you, everybody for the question.

F

Somebody asked about popes for these amas uh pope nfts and um I'm dm yeah.

A

Something that you guys want like is if, if you guys want poe apps for joining these community amas, um that's definitely something that we can work on. um Also we are, I would like to just say one. A few more things is like we're sponsoring an event.

A

um Our partners articles are hosting the opening event at eve, um so we are going to be sponsoring that event. A lot of the gonna be there um if anyone's out at you in like two weeks three weeks. I think it is it's like november or I'm sorry february. I think it's february like 16th or 17th. This is a party uh is the opening event on the weekend because, like during the week, like you know, weekend type things.

A

Yeah, that's that's something we're gonna do and then we're gonna. I think it's like a pretty deal. They're gonna have open panels. We're gonna, do and try to post that online, um but it's gonna be like a universe pan all where I think me ryan, tim and joy, and we will kind of talk about our mission. You know what we want to accomplish kind of what really like some of those questions that lucky luke was asking like. You know what is xyz um and we'll try to get that recorded um and post. That.