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Well, everybody, we're going to roll right in Sandow Podcasts, Numero four.

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We're already at four.

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That's crazy, man.

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I didn't expect to be at four by the time we hit Joseph and Crafter, but it just kind

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of worked out that way.

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Where number one was with Hottle and Andy, Andy Richie.

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Number two was a few days ago with Pepe about the Magic Palette.

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If you didn't see that one yet, I highly recommend you go watch that because that sip is now

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live in the proposals.

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So the 14-day period closed with community comments.

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It got wildly rave reviews and now it's pending.

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And I imagine in a few days or a day, it'll be live for everyone.

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So take a look at that because we go in depth as into how Pepe and I each answer our own

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sip questions per the template.

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So you get to learn a lot about the background there.

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And then yesterday we did the same thing, but with Creator First sip with Kirill.

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Not to be confused with Cyril, Kirill, Cyril, Cyril, different people.

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So Kirill does Creator First.

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That one's about to close tomorrow and then it will go for community vote after that.

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But this podcast is about the community reaction and it can trace its lineage all the way back

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to May 28th when the sow, the sandboxed out was suddenly thrust on all of us and we were

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left wondering, trying to figure out what's going on.

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What does this mean?

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Is the hostile takeover?

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Is it a coup?

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Was it what's going on here?

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Turns out it was none of that.

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It was just a sudden onset of something that Seb and his team had been envisioning for

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quite some time, but for whatever reason, it didn't get communicated much before then.

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So clearly a lot of stuff happened after that.

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There were a lot of reactions, good, bad, and otherwise.

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And I been doing podcasting for a while and I suddenly got the bug to bring it back, but

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this time for sandbox.

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And what I really wanted to hear was to distill bite-sized perspectives from people about

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what do we really think?

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How do we really want to approach this?

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And thus the community reactions.

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First it was Hodl and Andy, just by virtue of convenience, and then Crafter and Joseph.

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Joseph, you and I, I don't think we really met or talked much, but once I heard you in

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an AMA a week and a half ago, I knew I wanted to grab you in here.

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And so Crafter was a given, you know, we've been talking in tweets for a little bit.

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So here we are Sandal number four, community reactions, numeral dose and the slides underneath

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are actually, it's going to be to our right.

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So scope of the talk.

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What is this one about?

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This one's about sharing our reactions.

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It's about healthy criticism.

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The thing that it isn't about, it's not about disparaging things.

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Healthy criticism is fine.

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That's to be expected.

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Disparaging, kind of putting things down.

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That's what we didn't really envision out of all this, but definitely sharing our perspectives.

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And some of it might be spicy takes.

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That's okay.

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It's just all about making, we're all here because we love the community, because we

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love being a part of what we've got going on here.

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So that's really all it's all about.

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And then let's get right into the introductions.

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So Crafter, we heard you from T-Haas.

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Introduce thyself.

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Indeed, I am.

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I'm actually, I'm actually very nomadic.

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So I'm in, I'm in, I actually, I lived in Austin for four years and then before that

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I did a lot of traveling and now I'm kind of coming into another season where I'll be

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doing a lot of traveling.

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I'm actually going to be heading to North Carolina next month, but I am in Austin, Texas

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right now, visiting friends and enjoying, enjoying what I enjoy of this city so much.

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And, but yeah, I'm Crafter.

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I've been a podcast host, streamer inside of the metaverse for the last like four years.

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I've pretty much just been obsessed with everything that's going on with metaverse and like web

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three technology.

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So I've just really like dove headfirst in over the last like four years.

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So it's been a whirlwind of a ride and it's, I've seen, it's crazy like looking back if

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you really like think about everything that you've experienced over the last like four

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years.

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If you've been around for at all, it's just crazy.

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Like to see what we've come from and also like to see the same things repeat themselves

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over and over again.

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But yeah, it's exciting.

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More things change, more they stay the same.

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Exactly, exactly.

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But I love it here.

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That's why I'm still here.

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Welcome and give a shout out to don't you you just started up the podcast for spotlights,

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right?

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Yep.

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So we've been I've actually been doing metaverse spotlights for a while.

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But I've brought it back and started doing them fairly often recently.

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So metaverse spotlights is where I just highlight different cool things that are going on inside

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of the metaverse world.

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A lot of it has been focused on what goes on inside of the sandbox because that's where

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I spend a lot of my time, but I also branch out to other games as well.

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Just always trying to find the funnest funnest games and experiences that have to do with

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metaverse stuff.

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So yeah, metaverse spotlight and then I do I have a variety of shows that I do that kind

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of just kind of you seem like a variety type of guy.

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Behind the avatars another one that I interview people and that one's totally just hang out

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and who knows what we'll talk about.

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Yeah, that's cool.

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And is it is it what's the is it on Twitch?

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Is that where they can find you?

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Yep.

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So Twitch crap.

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Well, I'm pretty much crafter underscore eth everywhere.

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Okay, gotcha underscore eth Twitter or X, whatever you want to call it and Twitch YouTube.

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That's about it.

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Awesome.

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Those are the main main places anyways.

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Cool.

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Thanks, crafter.

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And what's up, Batman?

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I see you in the chat.

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Joseph Vision X.

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Yes, sir.

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Man.

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All right.

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So let's try to do it in kind with crafter born and raised.

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Well, born in Alaska outside of a military base move.

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Whoa, whoa, whoa, Alaska.

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Yeah, yeah, yeah, yeah.

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All right.

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So, you know, my blood is running cold for the rest of my life.

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Doesn't matter, you know.

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Outside Elmendorf as did you say outside of Elmendorf?

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Yeah.

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That is the Air Force base that I was born on.

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Yes.

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Yeah.

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Yeah.

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Why?

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Joint base.

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Okay.

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Elmendorf.

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Yeah.

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Yeah.

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What?

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Okay.

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Anyway, I'm also military.

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So, yeah.

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Oh, very nice.

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Very nice.

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Okay.

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So we moved down here to Washington State.

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I was like three and I've been here pretty much in the exact same county my entire life.

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And I bought a house recently that is less than a block away from my childhood home.

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So in terms of what we're doing here, why am I on this show?

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Yeah, Joseph, why are you on this show?

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I got into the crypto space and getting into the crypto space with my like $700 to my name

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at the time working basically minimum wage job at a Walmart store.

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As you do.

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And around the same time sort of said, yeah, I don't want to do that anymore.

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You know, I was a manager, but I'm making 13 bucks an hour.

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You know what I mean?

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Handling like $700,000 daily transaction volume, getting paid 13 bucks an hour.

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I'm like, no big deal.

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No big deal.

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I started branching out into many different industries.

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I ran a shopping center at some point.

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I worked at a radio station.

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I got into the sandbox in about 2019, started helping out Alex Camisazi Flores on the official

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live streams.

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Oh, OK.

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From there, I did community management for the sandbox for a while, which also helping

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launch the Sand Token itself.

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It was my job to know everything inside and out about what is this white paper?

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What is the sandbox going to be doing for the next five years?

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So in many ways, you already knew this was coming.

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Yeah.

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Yeah, this was part of the plan the whole time.

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Yeah.

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Everything about the DAO was already pretty much drafted years ago because this isn't

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really telling us anything new.

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The only thing that really happened that was different than what we would expect is that

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it sort of just popped up without too much direct interaction with the community.

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As you mentioned, it was kind of a surprise.

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So now that said, there's a lot of nuance that has changed about the sandbox game over

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the years.

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And I've been there for each and every moment of that.

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So hopefully, that can bring some unique perspective.

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I currently, along with Alex, own a company called The Council of Tech that primarily

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does quality assurance for official sandbox content, among other things, including an

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upcoming, assuming that they have an upcoming season of content, we would be doing QA for

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that.

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Or if they had the Game Maker fund for a while inside the sandbox game where a person could

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apply and say, I have a plan for this game and the sandbox might fund it, we would be

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doing the testing for that, stuff like that.

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So that's currently where I'm at at the moment, as well as working on stuff for a project

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called the Wizzyverse.

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But I'm gonna keep that one on the back burner until we're completely finished because I

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am a new Wizzyverse person now.

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I got a hat.

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Oh, very good.

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Nice.

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Yeah, I got the purple hat.

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Those hats are pretty popular.

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They are pretty dope, man.

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Like glasses, wizard hats.

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Yes.

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And if you, depending on what kind of character you use it on, like the way that they're mounted,

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they react differently in fun and funny ways.

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And I saw somebody wearing a purple Wizzy hat, but they were playing a game created

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by AtnotAnimated or AOPE, I think is their username on the sandbox.

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And it was sort of like a Fall Guys-like level that they had created.

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But anyway, the hat aligned with this like Game Boy looking character where the eyes

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weren't actually like over the eyes because that character didn't have a head in a normal

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way.

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It was a boxing short character, but really cute and fun anyway.

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So it's fun to see how those assets that Alex makes just to kind of for free giveaway on

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the official sandbox shows get used a lot in the community.

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But we're working on Wizzyverse stuff beyond that to give additional utility to that stuff

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through a five-year roadmap.

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So yeah, anyway, that's what I'm doing.

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Yeah, I heard you talk about it at the Sand Fan Cafe and how you were doing it for private

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groups and partners and then how you posited that you would eventually maybe want to propose

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a SIP where the community would pay for some of the budget to conduct that quality assurance.

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Well, yeah, I think, I mean, it's a useful tool to the community to be able to have their

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stuff tested.

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And we already do that on the official, you know, the council tech on Twitch.

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We'll do QA testing regularly.

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This is actually my first show since doing a 24-hour straight live stream for a children's

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charity.

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Yeah, by the way, that was awesome.

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Nice job.

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How much you raised?

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Not enough.

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That's okay.

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That's okay.

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How much?

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Like a couple hundred bucks.

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That's fine.

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That's fine, man.

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You gave a whole 24 hours of your life.

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Yeah, in years past my team.

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So I've been doing it for like 11 years for this extra life charity group.

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And we have raised into the tens of thousands before as a team.

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But I think it was something, you know, this isn't the normal time where I would have done

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a 24-hour stream.

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But it did inspire something to bring in extended for fun stream for those charity things more

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regularly.

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So I got to tell you, I had an old man moment.

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I don't know.

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Like I was 18 hours in and just like...

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And so anyway, at some point, my wife was like, okay, let me go get cleaned up and I'll

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come back and relieve you for like an hour.

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You can get a nap and come back in and do it again.

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So she's the real MVP.

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00:13:19,000 --> 00:13:24,960
Yeah, three different people sort of involved in that process just from my local, you know,

248
00:13:24,960 --> 00:13:27,200
my wife and her best friend were helping out.

249
00:13:27,200 --> 00:13:28,200
Yeah.

250
00:13:28,200 --> 00:13:29,200
Anyway, awesome, man.

251
00:13:29,200 --> 00:13:31,360
Another show coming up.

252
00:13:31,360 --> 00:13:32,360
So awesome.

253
00:13:32,360 --> 00:13:34,680
We'll do more things for charity going forward.

254
00:13:34,680 --> 00:13:35,680
Nice.

255
00:13:35,680 --> 00:13:36,680
Well, welcome.

256
00:13:36,680 --> 00:13:37,680
Welcome.

257
00:13:37,680 --> 00:13:38,680
Glad to have you.

258
00:13:38,680 --> 00:13:40,560
And I added a question at the very end now.

259
00:13:40,560 --> 00:13:43,400
It was the plan all along, he said.

260
00:13:43,400 --> 00:13:47,280
And we'll save that for if we have time at the end.

261
00:13:47,280 --> 00:13:48,600
So I'm Lanzer.

262
00:13:48,600 --> 00:13:53,600
I've been in the sandbox space about midway through season one.

263
00:13:53,600 --> 00:13:57,880
So I've got my season one pass and all that.

264
00:13:57,880 --> 00:14:05,560
And once I kind of looked at what was going on around, I discovered that this...

265
00:14:05,560 --> 00:14:10,120
I went through this one over to Central Land and some of the other ones that were around

266
00:14:10,120 --> 00:14:14,920
as seeing there was a lot of momentum behind this one, a lot of energy, mostly a lot of

267
00:14:14,920 --> 00:14:16,080
energy.

268
00:14:16,080 --> 00:14:20,060
And that to me bode well for its long term flourishing.

269
00:14:20,060 --> 00:14:25,020
So that's where I started slowly, dipping my toes in equipment, then dipping my toes

270
00:14:25,020 --> 00:14:29,360
in avatars, then taking the plunge in with land.

271
00:14:29,360 --> 00:14:36,240
And then definitely going submersive all the way was when I applied for GMF and we're about

272
00:14:36,240 --> 00:14:44,520
to publish our GMF from last year, about this month, if they can do the final quality test.

273
00:14:44,520 --> 00:14:47,320
So maybe your team's doing it, Joseph, I don't even know.

274
00:14:47,320 --> 00:14:48,320
But that one's not me.

275
00:14:48,320 --> 00:14:51,400
OK, I have a very specific list that they were giving.

276
00:14:51,400 --> 00:14:54,720
Yeah, I would get to sign them like every other.

277
00:14:54,720 --> 00:14:57,320
Yeah, we would have Monday meetings.

278
00:14:57,320 --> 00:15:01,440
So Lava Defense should be coming out in the next month or two.

279
00:15:01,440 --> 00:15:03,360
And it's about surviving endless waves.

280
00:15:03,360 --> 00:15:07,480
I like making minigames, something that has a lot of repeatability to it.

281
00:15:07,480 --> 00:15:09,160
That was what Floor Droppers was.

282
00:15:09,160 --> 00:15:13,960
You keep on playing over and over versus like the RPGs that you go through it.

283
00:15:13,960 --> 00:15:17,320
And then once you know the storyline, you know, you can choose to play it again.

284
00:15:17,320 --> 00:15:19,360
But ultimately, so I like minigames.

285
00:15:19,360 --> 00:15:22,760
I have like 25 different minigames that I have spec'd out.

286
00:15:22,760 --> 00:15:25,520
It's just a matter of funding and all that jazz.

287
00:15:25,520 --> 00:15:28,980
So did that.

288
00:15:28,980 --> 00:15:30,560
And also we made Floor Droppers.

289
00:15:30,560 --> 00:15:37,120
So I'm president of MetaWorlds, Floor Droppers ranked seventh in Builders Challenge 1.

290
00:15:37,120 --> 00:15:42,800
So that was that was a huge achievement, at least at least for for my sake.

291
00:15:42,800 --> 00:15:47,040
And I have a contract negotiation business background.

292
00:15:47,040 --> 00:15:52,080
So as I alluded to earlier, I was in the military for a number of years.

293
00:15:52,080 --> 00:15:56,160
I was pretty much the military's business person.

294
00:15:56,160 --> 00:16:00,520
So anytime they wanted to buy like an airplane or books, you know, they sent me to go negotiate

295
00:16:00,520 --> 00:16:03,240
it and put it on contract.

296
00:16:03,240 --> 00:16:12,200
So I've negotiated with everyone from Boeing to mom and dad's ice cream shop down the road.

297
00:16:12,200 --> 00:16:16,040
So it I've had a lot of fun doing that.

298
00:16:16,040 --> 00:16:18,120
And I love loved it.

299
00:16:18,120 --> 00:16:24,080
So also, my own businesses in the background, like novel publishing, music publishing, iTunes

300
00:16:24,080 --> 00:16:25,960
and Amazon and all that.

301
00:16:25,960 --> 00:16:32,320
So I'm in my element writing up these sips of which I've written two and I'm almost done

302
00:16:32,320 --> 00:16:33,680
with my third one.

303
00:16:33,680 --> 00:16:39,440
So I should have that done by the end of the week with the MetaWorlds team.

304
00:16:39,440 --> 00:16:40,680
And that's me.

305
00:16:40,680 --> 00:16:43,380
I've been podcasting around Planetside 2.

306
00:16:43,380 --> 00:16:48,120
People look into my YouTube history, they'll see a lot of videos on Planetside 2 podcasts

307
00:16:48,120 --> 00:16:50,360
and that sort of stuff.

308
00:16:50,360 --> 00:16:57,760
And a player organization where we would host weekly 400, so 200 on 200 players.

309
00:16:57,760 --> 00:17:03,080
And in 2016, we eventually broke a Guinness World Record with 1000 players, the most players

310
00:17:03,080 --> 00:17:05,360
in an FPS match.

311
00:17:05,360 --> 00:17:12,580
That was the ultimate achievement of it was run by a community organization that I helped

312
00:17:12,580 --> 00:17:15,480
co-found and ran for a number of years.

313
00:17:15,480 --> 00:17:21,880
So I've been lurking in the background in the digital currency space until now, where

314
00:17:21,880 --> 00:17:30,160
I feel like my talents can be utilized in a more business proposal and business management

315
00:17:30,160 --> 00:17:32,360
type background, which is where I really love.

316
00:17:32,360 --> 00:17:33,760
That's where I thrive.

317
00:17:33,760 --> 00:17:36,220
So that's me in a nutshell.

318
00:17:36,220 --> 00:17:38,400
And I'm from Florida.

319
00:17:38,400 --> 00:17:44,000
So we got Texas, Washington, Alaska, really, and then Florida.

320
00:17:44,000 --> 00:17:46,320
So choose your choose your weather.

321
00:17:46,320 --> 00:17:48,620
We're all represented here.

322
00:17:48,620 --> 00:17:52,320
Even Florida, which has only one degree of weather, which is super hot.

323
00:17:52,320 --> 00:17:54,120
Hot and humid.

324
00:17:54,120 --> 00:17:56,120
Hot, hot and humid.

325
00:17:56,120 --> 00:17:57,120
Yeah.

326
00:17:57,120 --> 00:17:58,120
You have raining in 80.

327
00:17:58,120 --> 00:18:01,320
You know, you can go take a shower outside.

328
00:18:01,320 --> 00:18:03,040
So that's that's us.

329
00:18:03,040 --> 00:18:06,200
Crafter, Joseph and Lancer.

330
00:18:06,200 --> 00:18:10,600
So disclaimer, none of us represent the sandbox game, right, Joseph?

331
00:18:10,600 --> 00:18:12,720
You don't represent sandbox game.

332
00:18:12,720 --> 00:18:14,160
Nope.

333
00:18:14,160 --> 00:18:16,760
Crafter, you don't represent them, right?

334
00:18:16,760 --> 00:18:17,760
No, sir.

335
00:18:17,760 --> 00:18:22,040
We do not represent the sandbox game or the sandbox foundation.

336
00:18:22,040 --> 00:18:26,480
Crafter Joseph and I, we speak for ourselves as San Pam community members and we are not

337
00:18:26,480 --> 00:18:29,200
your financial or legal advisors.

338
00:18:29,200 --> 00:18:32,640
Nothing we say is to be taken as such.

339
00:18:32,640 --> 00:18:38,320
So with that little administrative out of the way, let's get to where we are now.

340
00:18:38,320 --> 00:18:42,760
The road to the Dow began May 28th, where it was announced via email.

341
00:18:42,760 --> 00:18:48,520
I saw it via email first and then I saw the medium article second and SIPs one, two and

342
00:18:48,520 --> 00:18:51,760
three were immediately launched for vote.

343
00:18:51,760 --> 00:18:58,160
That brought us down a well trod path to today full of fireside chats.

344
00:18:58,160 --> 00:19:04,280
There were multiple mocha verse halls on Saturdays led by G. There was an AMA by the sandbox

345
00:19:04,280 --> 00:19:11,160
game, another AMA by Dr. Meda Verso, who I saw in the chat earlier, shout out, and San

346
00:19:11,160 --> 00:19:17,120
Pam Cafe hosted one this past week with Joseph, you were in that one.

347
00:19:17,120 --> 00:19:21,820
And so a lot of buzz happened ever since May 28th.

348
00:19:21,820 --> 00:19:29,000
And in between that, SIPs one, two and three, they closed, excuse me, they were resubmitted

349
00:19:29,000 --> 00:19:32,940
in order to account for land voting and SIPs four and five were not.

350
00:19:32,940 --> 00:19:40,160
That was because of the San, Cyril explained that was because of the Sand, the snapshot

351
00:19:40,160 --> 00:19:43,280
website only allowed them to have three up at the same time.

352
00:19:43,280 --> 00:19:46,000
So they chose to resubmit the first three.

353
00:19:46,000 --> 00:19:50,240
So that meant SIPs four and five closed on June 12th.

354
00:19:50,240 --> 00:19:53,840
They both passed with above 80%.

355
00:19:53,840 --> 00:19:57,800
And interesting fact is sandbox did vote on one of those.

356
00:19:57,800 --> 00:20:00,240
So we can look at those numbers later.

357
00:20:00,240 --> 00:20:03,240
But SIPs one, two and three, the resubmitted versions, they did not vote.

358
00:20:03,240 --> 00:20:04,880
So that was pure community.

359
00:20:04,880 --> 00:20:07,280
All of them passed.

360
00:20:07,280 --> 00:20:11,280
SIP three passed with a notable 64%.

361
00:20:11,280 --> 00:20:12,600
And which one was that one?

362
00:20:12,600 --> 00:20:13,600
That one was?

363
00:20:13,600 --> 00:20:14,600
That's the money.

364
00:20:14,600 --> 00:20:15,600
Yeah.

365
00:20:15,600 --> 00:20:16,600
That was the money?

366
00:20:16,600 --> 00:20:17,600
Yeah, the initial budget.

367
00:20:17,600 --> 00:20:25,800
So that one had quite a bit more of a mixed reaction versus the sandbox DAO and the council

368
00:20:25,800 --> 00:20:26,920
being voted in.

369
00:20:26,920 --> 00:20:31,560
That one was above 80% and number two was above 90%.

370
00:20:31,560 --> 00:20:34,960
I think that one was the foundation itself.

371
00:20:34,960 --> 00:20:37,600
Yeah, there is the foundation itself.

372
00:20:37,600 --> 00:20:41,080
So positive reactions on that one.

373
00:20:41,080 --> 00:20:45,520
And then we are here today.

374
00:20:45,520 --> 00:20:54,720
Sandow podcast four, after having two, three, five SIPs passed, there is now a new SIP.

375
00:20:54,720 --> 00:20:56,080
That is the magic palette.

376
00:20:56,080 --> 00:21:00,360
That's the one that closed yesterday and is now open for today for voting.

377
00:21:00,360 --> 00:21:04,040
So get your vote in, let your voice be heard.

378
00:21:04,040 --> 00:21:05,040
Magic palette.

379
00:21:05,040 --> 00:21:12,740
Pepe worked really hard on that one and is ready to receive the community's verdict.

380
00:21:12,740 --> 00:21:13,960
Some interesting facts.

381
00:21:13,960 --> 00:21:17,200
So when we say the word SIP, we're talking about sandbox improvement proposal.

382
00:21:17,200 --> 00:21:21,840
When we say the word DAO, we mean decentralized autonomous organization.

383
00:21:21,840 --> 00:21:23,520
Voting.

384
00:21:23,520 --> 00:21:26,200
Every SIP requires a quorum to be eligible to pass.

385
00:21:26,200 --> 00:21:31,360
So before you can get out the gate to be yes or no, it's got to receive 30 million voting

386
00:21:31,360 --> 00:21:37,700
power, which is approximately 1% of the current, the fully diluted supply.

387
00:21:37,700 --> 00:21:40,560
And then Joseph, if I get anything wrong, you're the whiz kid here.

388
00:21:40,560 --> 00:21:44,000
So just cut in there.

389
00:21:44,000 --> 00:21:45,000
Voting power.

390
00:21:45,000 --> 00:21:46,440
Fun facts on that right away.

391
00:21:46,440 --> 00:21:47,440
Yeah.

392
00:21:47,440 --> 00:21:50,280
For clarity, 30 million voting power.

393
00:21:50,280 --> 00:21:59,680
A land has 4,000 voting power for one land and there's 166,464 lands.

394
00:21:59,680 --> 00:22:06,920
So technically the lands have 20 times the voting power needed to reach a quorum.

395
00:22:06,920 --> 00:22:17,200
So if 5% of all landowners vote, no one who owns any piece of sand need vote.

396
00:22:17,200 --> 00:22:19,240
That's fascinating.

397
00:22:19,240 --> 00:22:23,920
Only 5% of the landowners is what you said?

398
00:22:23,920 --> 00:22:26,720
Who ever thought?

399
00:22:26,720 --> 00:22:27,720
So theoretically-

400
00:22:27,720 --> 00:22:28,720
So one sand.

401
00:22:28,720 --> 00:22:29,720
Go ahead.

402
00:22:29,720 --> 00:22:30,720
Yeah.

403
00:22:30,720 --> 00:22:31,720
One whale.

404
00:22:31,720 --> 00:22:32,720
You know what I mean?

405
00:22:32,720 --> 00:22:33,720
Who owns some land?

406
00:22:33,720 --> 00:22:35,760
It'll be like, that's great for me as a landowner.

407
00:22:35,760 --> 00:22:36,760
Click.

408
00:22:36,760 --> 00:22:38,120
I was just thinking that.

409
00:22:38,120 --> 00:22:40,840
I was like, who are the top landowners?

410
00:22:40,840 --> 00:22:42,680
I know a few that I know have-

411
00:22:42,680 --> 00:22:44,720
Most of the brand IPs, right?

412
00:22:44,720 --> 00:22:50,640
No, ironically, I think it's still Whale Shark that owns the largest amount, which is, I

413
00:22:50,640 --> 00:22:56,960
think it says whales.me on the lands if you look at them on the map now.

414
00:22:56,960 --> 00:22:58,560
How did you determine that?

415
00:22:58,560 --> 00:23:01,560
Is there a website or something?

416
00:23:01,560 --> 00:23:03,400
Crawler that we can look at?

417
00:23:03,400 --> 00:23:04,400
Sandbox game.

418
00:23:04,400 --> 00:23:05,400
What's that?

419
00:23:05,400 --> 00:23:06,400
Just on sandbox game.

420
00:23:06,400 --> 00:23:13,360
Sandbox is the largest owner of lands, but as I'm looking back, I've got to see if Whale

421
00:23:13,360 --> 00:23:15,440
Shark still owns a heck ton of land.

422
00:23:15,440 --> 00:23:16,440
Oh yeah.

423
00:23:16,440 --> 00:23:17,440
Whale Shark.

424
00:23:17,440 --> 00:23:18,440
Do do do do.

425
00:23:18,440 --> 00:23:19,440
Whale.me.

426
00:23:19,440 --> 00:23:21,800
You can see him sort of in the lower right.

427
00:23:21,800 --> 00:23:24,640
Atari probably owns an approximate amount as well.

428
00:23:24,640 --> 00:23:26,840
Oh yeah, Atari's got a big one.

429
00:23:26,840 --> 00:23:28,840
That's a 24 by 24?

430
00:23:28,840 --> 00:23:31,360
Yeah, but they also own another one in the top-

431
00:23:31,360 --> 00:23:32,360
Oh, there he is.

432
00:23:32,360 --> 00:23:33,360
Middle right.

433
00:23:33,360 --> 00:23:34,360
Whale.me.

434
00:23:34,360 --> 00:23:35,360
Front and center.

435
00:23:35,360 --> 00:23:37,480
They've got a lot more.

436
00:23:37,480 --> 00:23:38,480
Big old Whale.

437
00:23:38,480 --> 00:23:40,760
A lot more smaller.

438
00:23:40,760 --> 00:23:41,760
In the center as well.

439
00:23:41,760 --> 00:23:44,600
Like instantly origin land sales.

440
00:23:44,600 --> 00:23:46,680
They've got quite a few of those larger parcels.

441
00:23:46,680 --> 00:23:51,800
I don't know if that's 5% as I'm just looking at it now, but nonetheless, a handful of folks

442
00:23:51,800 --> 00:23:54,280
could really make an impact.

443
00:23:54,280 --> 00:24:00,660
And it's important to note that the sandbox definitely owns 5% of the supply.

444
00:24:00,660 --> 00:24:04,800
So not counting their actual sand portion if they just voted with their lands.

445
00:24:04,800 --> 00:24:08,920
So that what you mentioned about, I don't know whether it was four or five, where the

446
00:24:08,920 --> 00:24:10,400
sandbox did vote.

447
00:24:10,400 --> 00:24:14,960
They had 24 million voting powers purely on the sand that they had because when they made

448
00:24:14,960 --> 00:24:16,800
that vote, land voting didn't work.

449
00:24:16,800 --> 00:24:18,480
Yeah, let's take a look.

450
00:24:18,480 --> 00:24:21,480
I've got them here on slide 14.

451
00:24:21,480 --> 00:24:28,400
SIP 5 and 4 both had 4 million voting power dumped on it by the sandbox.

452
00:24:28,400 --> 00:24:31,160
And so that, you know, I'm sorry, not 4 million.

453
00:24:31,160 --> 00:24:32,160
What am I saying?

454
00:24:32,160 --> 00:24:33,160
27 million.

455
00:24:33,160 --> 00:24:34,160
27 million.

456
00:24:34,160 --> 00:24:36,160
The next person had 4 million.

457
00:24:36,160 --> 00:24:37,160
Right.

458
00:24:37,160 --> 00:24:38,160
So, yeah.

459
00:24:38,160 --> 00:24:41,840
It's based on their sand portion, not their land ownership portion.

460
00:24:41,840 --> 00:24:44,080
But in theory, you know.

461
00:24:44,080 --> 00:24:49,360
Yeah, in theory, and those Seb and Cyril both mentioned that that was a mistake.

462
00:24:49,360 --> 00:24:52,920
So they said they do not want to be voting in the future.

463
00:24:52,920 --> 00:24:56,240
So they said, please forgive them for voting with 4 and 5.

464
00:24:56,240 --> 00:24:58,000
They couldn't redo it because of the snapshot.

465
00:24:58,000 --> 00:25:00,080
Couldn't resubmit it because of that.

466
00:25:00,080 --> 00:25:01,880
So we shall see.

467
00:25:01,880 --> 00:25:02,880
We shall see.

468
00:25:02,880 --> 00:25:03,880
I believe them.

469
00:25:03,880 --> 00:25:05,360
I give them the benefit of the doubt.

470
00:25:05,360 --> 00:25:07,360
Till otherwise.

471
00:25:07,360 --> 00:25:09,960
So one sand equals one voting power.

472
00:25:09,960 --> 00:25:14,660
One land equals 4500 voting power.

473
00:25:14,660 --> 00:25:15,860
And SIP numbers.

474
00:25:15,860 --> 00:25:18,680
So far, there are six.

475
00:25:18,680 --> 00:25:20,360
So it was five up until today.

476
00:25:20,360 --> 00:25:21,440
Now there's six.

477
00:25:21,440 --> 00:25:26,080
Magic Palette by Sandrush is requesting the community's verdict.

478
00:25:26,080 --> 00:25:27,520
SIPs passed so far.

479
00:25:27,520 --> 00:25:28,520
Five.

480
00:25:28,520 --> 00:25:30,960
All of them have passed favorably.

481
00:25:30,960 --> 00:25:32,800
And there's one draft SIP available.

482
00:25:32,800 --> 00:25:34,440
Creator First by Cyril.

483
00:25:34,440 --> 00:25:37,600
That one closes tomorrow and that will be up for vote after that.

484
00:25:37,600 --> 00:25:39,240
I have two that I submitted.

485
00:25:39,240 --> 00:25:40,240
I don't know how many else.

486
00:25:40,240 --> 00:25:42,760
Everyone else has submitted, but I at least will count myself.

487
00:25:42,760 --> 00:25:47,320
I've submitted two currently undergoing the back and forth between us and the project

488
00:25:47,320 --> 00:25:51,720
team before it goes to the draft SIP count.

489
00:25:51,720 --> 00:25:55,280
Mine is Windows resizing for end resolution options.

490
00:25:55,280 --> 00:25:58,480
Now we can't resize anything, especially GameMaker.

491
00:25:58,480 --> 00:25:59,800
So resizing that.

492
00:25:59,800 --> 00:26:03,080
And the second one is to create a roadmap for sandbox releases.

493
00:26:03,080 --> 00:26:05,840
Client launcher, box edit, all that.

494
00:26:05,840 --> 00:26:06,840
Ted Bitz.

495
00:26:06,840 --> 00:26:08,840
That would be nice.

496
00:26:08,840 --> 00:26:11,440
It would help people plan.

497
00:26:11,440 --> 00:26:14,200
Yeah, that's exactly what I thought too, man.

498
00:26:14,200 --> 00:26:18,120
I've got 25, 20 experiences I spec'd out.

499
00:26:18,120 --> 00:26:22,240
Knowing which ones give me the capability because each of them have a different focus.

500
00:26:22,240 --> 00:26:23,240
That would be very helpful.

501
00:26:23,240 --> 00:26:25,440
That would be very helpful.

502
00:26:25,440 --> 00:26:27,040
All right.

503
00:26:27,040 --> 00:26:30,480
There's the on that subject real quick.

504
00:26:30,480 --> 00:26:34,200
There's got to be like an internal roadmap, right?

505
00:26:34,200 --> 00:26:35,200
That's what I thought.

506
00:26:35,200 --> 00:26:37,880
I've never ran like a gaming company, but I like it.

507
00:26:37,880 --> 00:26:42,000
Normally you would, you know, only you would internal roadmap.

508
00:26:42,000 --> 00:26:50,600
And the question is, and the thing you always have to fight with is does something go wrong?

509
00:26:50,600 --> 00:26:53,200
If so, then kick the can down the road.

510
00:26:53,200 --> 00:26:54,200
Right.

511
00:26:54,200 --> 00:27:00,000
So when you release a roadmap that says I'm going to add range attacks, let's say, because

512
00:27:00,000 --> 00:27:06,960
it's been in the roadmap for four years, you know, how does that get impacted by other

513
00:27:06,960 --> 00:27:08,320
demand?

514
00:27:08,320 --> 00:27:13,640
And so one of the things that I think that the doubt can help with, hopefully, is to

515
00:27:13,640 --> 00:27:20,960
put this in a constructive way.

516
00:27:20,960 --> 00:27:22,760
You can put it in a non-constructive way first.

517
00:27:22,760 --> 00:27:23,760
The executives.

518
00:27:23,760 --> 00:27:26,760
That's what I would like to do here.

519
00:27:26,760 --> 00:27:29,920
If you want to have a sufficient roadmap.

520
00:27:29,920 --> 00:27:35,360
To help the devs, you have to limit the creativity of the executives of the sandbox.

521
00:27:35,360 --> 00:27:36,480
Yeah.

522
00:27:36,480 --> 00:27:42,800
Like the Dow has to in some way be able to tell them no.

523
00:27:42,800 --> 00:27:44,200
Right.

524
00:27:44,200 --> 00:27:47,080
And I don't know, like the infrastructure and the way this is set up right now, I don't

525
00:27:47,080 --> 00:27:48,080
think that's possible.

526
00:27:48,080 --> 00:27:50,600
But I'll give you an example.

527
00:27:50,600 --> 00:27:56,800
Snoop Dogg, one of the larger partner landowners, we've seen events come out for Snoop.

528
00:27:56,800 --> 00:28:04,840
We've had contracts with Snoop, details of which I can't express in any way.

529
00:28:04,840 --> 00:28:13,920
Snoop Dogg content needed a feature for a music video or a live concert to be possible

530
00:28:13,920 --> 00:28:15,200
in the game.

531
00:28:15,200 --> 00:28:23,100
So multiplayer interconnectivity player to player got pushed off in favor of developer

532
00:28:23,100 --> 00:28:28,560
work on having essentially like a YouTube or a live feed injection.

533
00:28:28,560 --> 00:28:31,040
Got to pay the bills.

534
00:28:31,040 --> 00:28:32,040
Inside.

535
00:28:32,040 --> 00:28:33,040
Yeah, sure.

536
00:28:33,040 --> 00:28:36,280
I'm sure there's money at stake.

537
00:28:36,280 --> 00:28:37,280
Yeah.

538
00:28:37,280 --> 00:28:43,440
There are definitely reasons and good reasons to do that.

539
00:28:43,440 --> 00:28:47,800
However, you know, this is what I'm talking about, right?

540
00:28:47,800 --> 00:28:52,360
If you want a roadmap for which I think is important, I would 100% agree.

541
00:28:52,360 --> 00:28:54,560
You're not the only dev who has asked for that.

542
00:28:54,560 --> 00:29:00,520
Basically, every single dev who was in the Game Maker Fund asked for that.

543
00:29:00,520 --> 00:29:07,020
The only way to do that is to limit the creative options that come from the outside so that

544
00:29:07,020 --> 00:29:14,560
someone who's talking to the next Paris Hilton doesn't say, yes, we can do that to whatever

545
00:29:14,560 --> 00:29:20,120
it is they want before they already can do that, right?

546
00:29:20,120 --> 00:29:23,920
Because you'll run into that problem where they may be like, yeah, we could definitely

547
00:29:23,920 --> 00:29:29,440
inject this feature that you want.

548
00:29:29,440 --> 00:29:31,400
But it's not done yet, right?

549
00:29:31,400 --> 00:29:35,120
And then they got to push something off and kick the can down the road when really what

550
00:29:35,120 --> 00:29:36,160
you want to have.

551
00:29:36,160 --> 00:29:44,480
And this has been better for the sandbox game recently is you want to have people who just

552
00:29:44,480 --> 00:29:51,320
say, this needs to be done in six weeks, go, and then they can have that on a roadmap or

553
00:29:51,320 --> 00:29:52,320
whatever.

554
00:29:52,320 --> 00:29:58,720
So anyway, I'm currently so I said I was a contract negotiator in my past life.

555
00:29:58,720 --> 00:30:01,800
I'm currently a program manager of projects.

556
00:30:01,800 --> 00:30:10,420
And so I have a large portfolio of projects and roadmaps are one of the mechanisms I use.

557
00:30:10,420 --> 00:30:18,360
My take is that a good roadmap can account for changes, delays, adjustments.

558
00:30:18,360 --> 00:30:24,000
That is the whole point is to demonstrate what is to be expected when things happen.

559
00:30:24,000 --> 00:30:26,280
It's not a matter of if things happen.

560
00:30:26,280 --> 00:30:27,280
It's always a win.

561
00:30:27,280 --> 00:30:32,200
You know, a good plan is a great plan until something wrecks it and then you've got to

562
00:30:32,200 --> 00:30:35,920
develop a better plan or adjust to the reality of things.

563
00:30:35,920 --> 00:30:36,920
That's okay.

564
00:30:36,920 --> 00:30:37,920
That's allowed to happen.

565
00:30:37,920 --> 00:30:42,280
With the business, things happen like that opportunities come you want to take advantage

566
00:30:42,280 --> 00:30:43,280
of them.

567
00:30:43,280 --> 00:30:47,840
It's a communication factor that isn't there that I want to be there.

568
00:30:47,840 --> 00:30:55,640
So what I proposed was either make one that's internally available to the public or say

569
00:30:55,640 --> 00:31:00,700
if there isn't one, which there probably is sandbox thing can create one or better worlds

570
00:31:00,700 --> 00:31:04,760
can create one for you because I have project management experience for days when it comes

571
00:31:04,760 --> 00:31:09,720
to that and we can you know kind of pivot table macro Excel formula something that's

572
00:31:09,720 --> 00:31:15,180
easy in real time that can be adjusted on the fly and all you need to do is snip or

573
00:31:15,180 --> 00:31:19,280
copy paste it and done so.

574
00:31:19,280 --> 00:31:24,140
So there I had different options that that sandbox can choose from but this is basically

575
00:31:24,140 --> 00:31:29,640
does the community want this if so here are the options that sandbox team can can choose

576
00:31:29,640 --> 00:31:31,920
from and I've got no stake in the game.

577
00:31:31,920 --> 00:31:33,440
I'll create a form if they like.

578
00:31:33,440 --> 00:31:41,400
I need the access to that and then easy peasy got a dev team that can make that happen.

579
00:31:41,400 --> 00:31:46,200
But I would expect that that roadmap can account for changes.

580
00:31:46,200 --> 00:31:51,960
Otherwise it's you know it's a nice visual that is obsolete two seconds after it gets

581
00:31:51,960 --> 00:31:52,960
published.

582
00:31:52,960 --> 00:32:05,040
I think that's like I said that's that's the for the sip I think that's important and

583
00:32:05,040 --> 00:32:09,280
if it gets passed I think that is important as well because then it sort of forces the

584
00:32:09,280 --> 00:32:15,880
hand of the executives to say okay yeah we made a roadmap and now we have to uphold

585
00:32:15,880 --> 00:32:22,760
it potentially right and then it also gives us as a community more of an awareness of

586
00:32:22,760 --> 00:32:30,600
you know their alignment versus their execution which is also important because you know as

587
00:32:30,600 --> 00:32:36,920
you as you alluded to and so I pulled it back up I've got the original white paper and

588
00:32:36,920 --> 00:32:42,480
going through it on my screen you know there are things that you see in there that are

589
00:32:42,480 --> 00:32:48,520
like okay that's happening now and it's almost the very end of of this or yeah I mentioned

590
00:32:48,520 --> 00:32:52,840
I think on the on my last podcast that one of the things in this white paper is like

591
00:32:52,840 --> 00:32:58,760
the game will come to mobile in 2021.

592
00:32:58,760 --> 00:33:03,920
You know what I mean and the game will come to consoles in 2023 or something like that

593
00:33:03,920 --> 00:33:04,920
maybe it was 2020.

594
00:33:04,920 --> 00:33:10,000
So I've I've run a lot of programs and some of mine were really on time some of them were

595
00:33:10,000 --> 00:33:17,560
ahead of schedule and then some were years off schedule delayed it it was always about

596
00:33:17,560 --> 00:33:25,800
messaging it's not necessarily bad that things delay not necessarily yeah if if you have

597
00:33:25,800 --> 00:33:31,360
good reasons for it if they're acceptable if there's a plan to mitigate it to overcome

598
00:33:31,360 --> 00:33:39,480
it we get it man life happens so but the failure to communicate means that every single one

599
00:33:39,480 --> 00:33:46,120
of those 800 plus partners that that said said were part of during NFC Lisbon and every

600
00:33:46,120 --> 00:33:53,520
single one of those 350,000 creators that he listed has no idea what to do with their

601
00:33:53,520 --> 00:33:58,640
business and their and I've got to raise capital to I've got financing I got to secure I've

602
00:33:58,640 --> 00:34:03,760
got seed investors I've got responsibilities and stakeholders and when I can't communicate

603
00:34:03,760 --> 00:34:11,360
when things are coming it it limits my my potential and it's hurting I'm struggling

604
00:34:11,360 --> 00:34:13,760
as a studio just like everybody else's.

605
00:34:13,760 --> 00:34:23,080
Yeah so please please communicate yeah it's it's okay I mean a project management team

606
00:34:23,080 --> 00:34:30,880
worth its salt isn't scared to death of delays they just know they have to deal with them

607
00:34:30,880 --> 00:34:38,000
that's the difference I'm off my soapbox but I'm passionate about it man I'm passionate

608
00:34:38,000 --> 00:34:41,800
just just I mean just communicate it.

609
00:34:41,800 --> 00:34:46,920
Yeah the communication I think is what I've always said boils down to a lot of things

610
00:34:46,920 --> 00:34:54,040
with the sandbox that seem to have could have been avoided a lot of things that turn into

611
00:34:54,040 --> 00:35:01,800
uproars and and yeah upset fans basically is 14 day notice on builders challenge one

612
00:35:01,800 --> 00:35:09,840
avoidable yeah there's there's one but but yeah it I don't know that's that's something

613
00:35:09,840 --> 00:35:14,240
that needs to get figured out and I think maybe having a roadmap or something just out

614
00:35:14,240 --> 00:35:20,640
there just that yeah it's easy for everyone to just look at it and then obviously then

615
00:35:20,640 --> 00:35:26,480
having to communicate about how things are going and if things are off off track that's

616
00:35:26,480 --> 00:35:32,080
fine just let us know kind of thing yeah because yeah that's that's I don't know and if it

617
00:35:32,080 --> 00:35:39,280
goes down if it goes down easier it will create problems but there's no doubt that when you

618
00:35:39,280 --> 00:35:45,440
give people communication you give them knowledge and power you give them the power to turn

619
00:35:45,440 --> 00:35:49,960
that around back on you all right when you communicate a roadmap it will make your life

620
00:35:49,960 --> 00:35:58,400
more difficult all right that's a fact but what it does in spades in return is the trust

621
00:35:58,400 --> 00:36:04,520
that you build with the people who are invested in your community invested in their time effort

622
00:36:04,520 --> 00:36:10,560
and energy into playing the game and organizing things like this and networking you build

623
00:36:10,560 --> 00:36:17,480
trust you build confidence and in this game that is a big deal why would I use sandbox

624
00:36:17,480 --> 00:36:23,860
over to central land why would I use it over axing infinity why because right now lands

625
00:36:23,860 --> 00:36:29,480
are going down or they're they've been at 0.1 eat for a while now there's not it doesn't

626
00:36:29,480 --> 00:36:34,920
look good when I when I heard captain's podcast the other day they all thought sandbox was

627
00:36:34,920 --> 00:36:42,000
dead captain doesn't think he'll ever return I don't agree with him but there's so I know

628
00:36:42,000 --> 00:36:46,280
that a lot of the sand fam are kind of in the sand fam and that's that's where where

629
00:36:46,280 --> 00:36:50,840
they hang out and what they pay attention to but I don't I am out there and listening

630
00:36:50,840 --> 00:36:56,200
to a lot of other a lot of other people talk and and participating in those conversations

631
00:36:56,200 --> 00:37:02,400
and whenever sandbox gets brought up it it that is the reaction sandbox is dead it's

632
00:37:02,400 --> 00:37:08,360
not coming back no no one no one really thought sandbox was cool in the beginning in these

633
00:37:08,360 --> 00:37:14,960
circles like so like that which is part of it which is part of it they're already leaning

634
00:37:14,960 --> 00:37:20,920
away away from it but but it's it's just it's not relevant anymore and that's that's a I

635
00:37:20,920 --> 00:37:27,040
don't I don't know if that's a huge issue at this point I don't think so maybe it's

636
00:37:27,040 --> 00:37:34,080
just being unrelevant right now and just build something good and and then get the attention

637
00:37:34,080 --> 00:37:40,360
of everyone again right maybe that is okay but well but I can tell you so I was at NFT

638
00:37:40,360 --> 00:37:46,680
NYC representing the sandbox in 2022 yeah I can't remember and something like that anyway

639
00:37:46,680 --> 00:37:51,240
I'm standing on the conference floor at the booth right and I had somebody come up to

640
00:37:51,240 --> 00:37:55,320
me and they were like oh it's a sandbox I played that once and I said well need you

641
00:37:55,320 --> 00:38:01,840
play it they said I played in season one and we were launching season three like right

642
00:38:01,840 --> 00:38:09,280
after that right and I said I said to them okay well so when you played the game you

643
00:38:09,280 --> 00:38:16,440
know I mean for lack of a better word I sucked you know so there was three or you know there

644
00:38:16,440 --> 00:38:21,360
was there was what one main hub and a couple small branches off of it in a total of like

645
00:38:21,360 --> 00:38:28,720
16 experiences all of them yeah yeah yeah right and the you know I'm like season three

646
00:38:28,720 --> 00:38:33,720
has 90 experiences coming 90 plus in it and they were like what and I'm like yes and they

647
00:38:33,720 --> 00:38:38,620
include games such as blah blah blah whatever like good stuff even stuff that was previously

648
00:38:38,620 --> 00:38:45,800
having had one in game jams that were just fun and interesting and you know the game

649
00:38:45,800 --> 00:38:51,720
has changed in like a generational way and when I just broke down like the things that

650
00:38:51,720 --> 00:38:56,600
I knew were their problems in season one that had been fixed just in season two they were

651
00:38:56,600 --> 00:39:01,000
like I didn't even know the same mocks did all that and I think that's part of that's

652
00:39:01,000 --> 00:39:05,760
part of the good thing when you think about like what a roadmap might do that can garner

653
00:39:05,760 --> 00:39:12,240
people's attention but also I constantly look at you know these spaces that are considered

654
00:39:12,240 --> 00:39:20,960
metaverses and if I take out the mechanic of play to earn right and I just say who's

655
00:39:20,960 --> 00:39:27,400
doing it better I don't know that that exists like I think the sandbox is still doing it

656
00:39:27,400 --> 00:39:33,140
the best you know despite all the things that anybody might say when you look at ease of

657
00:39:33,140 --> 00:39:38,640
access for developer I think it's there it it's not perfect and it can be better but

658
00:39:38,640 --> 00:39:45,160
it's there when you look at the fact that like I can tell my wife must be watching something

659
00:39:45,160 --> 00:39:50,840
with our friend in the background so forgive me for the giggling but the when you look

660
00:39:50,840 --> 00:39:58,960
at the ways that decentralized does the metaverse right everything is all in one sort of instance

661
00:39:58,960 --> 00:40:05,880
which in one part is indicative of their lack of a player base quite honestly like if you

662
00:40:05,880 --> 00:40:12,960
look at their daily active users I think it's proven that they have fewer because you see

663
00:40:12,960 --> 00:40:20,320
the one problem with not having instance content is that if you wanted a medieval theme you're

664
00:40:20,320 --> 00:40:27,280
going to be right next to a techno rave which is right next to a casino in decentralized

665
00:40:27,280 --> 00:40:32,200
and so there's no cohesion and there's also it's really easy for your player to not be

666
00:40:32,200 --> 00:40:36,520
able to be focused on the content that you want them to be immersed in they were thought

667
00:40:36,520 --> 00:40:42,320
of it that way before in your space and the sandbox game fixes that by being instanced

668
00:40:42,320 --> 00:40:49,280
downside to the sandbox game versus other metaverses other side which is not in public

669
00:40:49,280 --> 00:40:57,520
development at this point already technologically is far and away better than the sandbox game

670
00:40:57,520 --> 00:41:04,000
they use the same tech that star atlas is using that allows for thousands of players

671
00:41:04,000 --> 00:41:13,000
to be in a single instance and with no friction star atlas is doing it even better because

672
00:41:13,000 --> 00:41:19,440
all the things you do individually end up recorded on chain so there's no saving and

673
00:41:19,440 --> 00:41:26,440
no need for you know whatever anyway so the sandbox game can leverage all of this knowledge

674
00:41:26,440 --> 00:41:53,040
.

675
00:41:53,040 --> 00:41:56,480
was watching, like they were they were like, OK, I'm going to turn the cap off.

676
00:41:56,680 --> 00:42:03,000
Go. And, you know, we we had one crash at like 120 and then we had another crash at

677
00:42:03,200 --> 00:42:07,320
like 250 or somewhere in there, like, you know, whatever the number was.

678
00:42:07,520 --> 00:42:08,880
This is during season three.

679
00:42:09,080 --> 00:42:13,960
So, you know, the tech is way behind in some regards,

680
00:42:14,160 --> 00:42:17,080
but the ease of access for devs is way up there.

681
00:42:17,280 --> 00:42:22,240
And so the things that I have mentioned that I want to see the sandbox focus on

682
00:42:22,240 --> 00:42:27,360
and change on is really just about incentivizing developers to develop here

683
00:42:27,560 --> 00:42:31,400
and then making sure that development can continue.

684
00:42:31,600 --> 00:42:34,640
So, yeah, anyway, I'll get into that more later.

685
00:42:34,840 --> 00:42:36,960
I agree with that sentiment.

686
00:42:37,160 --> 00:42:41,800
Yeah, I would love to build more of that.

687
00:42:42,000 --> 00:42:44,880
But now I'm just mumbling

688
00:42:45,080 --> 00:42:48,440
that that catalyst 2.0 and then GMF 24

689
00:42:48,440 --> 00:42:52,480
eviscerated my ability to be self-sustaining.

690
00:42:52,680 --> 00:42:56,520
I'm going to do a podcast on that because I kept the numbers and all the accounts

691
00:42:56,720 --> 00:43:01,360
that that showed how I was not able to be self-sufficient.

692
00:43:01,560 --> 00:43:02,960
It's fascinating.

693
00:43:03,160 --> 00:43:09,560
It's fascinating how one, I have a model for before catalyst 2.0 hit and before

694
00:43:09,760 --> 00:43:15,040
GMF 2024 hit and then have a model after and you can just see it tank.

695
00:43:15,040 --> 00:43:20,840
My my cost skyrocket and my profitability goes way down because of the catalyst

696
00:43:21,040 --> 00:43:25,080
change and that, yeah, I don't I still don't know how I'm going to solve that

697
00:43:25,280 --> 00:43:29,840
problem because it even though I ranked seventh in GMF,

698
00:43:30,040 --> 00:43:35,680
GMF, those rounds one, I got ten thousand sand and it cost me twenty thousand to

699
00:43:35,880 --> 00:43:39,520
make. So, yeah, whoops.

700
00:43:39,720 --> 00:43:42,200
Right. And that's that's the

701
00:43:42,200 --> 00:43:47,400
twenty thousand USD to make, so that's forty thousand sand.

702
00:43:47,600 --> 00:43:49,080
You know, yeah,

703
00:43:49,280 --> 00:43:53,440
because thirty three cents or fluctuation on that jazz, but yeah, right.

704
00:43:53,640 --> 00:43:59,840
Yeah, that's that's I think that's the core of it that needs to be solved.

705
00:44:00,040 --> 00:44:06,680
And I've got my own sip to produce to help you solve that problem.

706
00:44:06,880 --> 00:44:08,640
And hopefully, thank you. I appreciate that.

707
00:44:08,640 --> 00:44:12,840
I'll prove that because, yeah, I know the solution to fixing catalysts and gems.

708
00:44:12,920 --> 00:44:15,080
Gems don't exist now. They're just catalysts.

709
00:44:15,280 --> 00:44:16,720
This is how long I've been around, right?

710
00:44:16,920 --> 00:44:19,920
Right. Right. I guess that shows mine, too, because I.

711
00:44:20,120 --> 00:44:22,720
Yeah. So there was a subsystem that was

712
00:44:22,920 --> 00:44:27,960
in the background where the power and the speed and the magic and the luck.

713
00:44:28,160 --> 00:44:30,960
Luck. Yeah. Luck was my favorite.

714
00:44:31,160 --> 00:44:33,880
You used to have to have a gym.

715
00:44:33,880 --> 00:44:41,080
Respective to all those traits and a catalyst to have a number of slots.

716
00:44:41,280 --> 00:44:47,040
So now they reduce that down to just catalysts with their individual rarity

717
00:44:47,240 --> 00:44:51,640
types, but really, I see that as just a friction for devs.

718
00:44:51,640 --> 00:44:53,720
You know that financially is a friction,

719
00:44:53,920 --> 00:44:57,680
but it's a friction in another way as well that can be simplified.

720
00:44:57,880 --> 00:44:59,440
But anyway, we'll get.

721
00:44:59,640 --> 00:45:00,640
Yeah. Yeah.

722
00:45:00,840 --> 00:45:03,760
All these rabbit trails, we could go down there, all their own podcasts.

723
00:45:03,760 --> 00:45:04,760
Episodes.

724
00:45:04,960 --> 00:45:07,400
But yeah, it was twenty thousand USD,

725
00:45:07,600 --> 00:45:11,120
and that was on the cheap and cost sharing and revenue sharing.

726
00:45:11,320 --> 00:45:16,080
That's how they would turn it out in 14 days.

727
00:45:16,640 --> 00:45:18,400
Well, shout out to Meta Theory Studio.

728
00:45:18,600 --> 00:45:21,480
Love them to death. They're great.

729
00:45:21,800 --> 00:45:25,560
All right, so let's actually get into these questions here.

730
00:45:27,040 --> 00:45:28,400
All right. Reactions good and bad.

731
00:45:28,400 --> 00:45:31,280
I've heard you all's reaction before, but just go ahead and say,

732
00:45:31,280 --> 00:45:36,400
Crafter, what was your reaction to the Sandbox Dell announcement and then

733
00:45:36,600 --> 00:45:38,480
everything thus far?

734
00:45:42,800 --> 00:45:47,160
I feel like I haven't I guess I haven't really thought about this since since it

735
00:45:47,360 --> 00:45:52,920
really went down, but I feel like my initial reaction to the announcement was,

736
00:45:53,120 --> 00:45:55,320
of course, they didn't tell us about this.

737
00:45:55,520 --> 00:46:00,160
And then my and then my reaction was,

738
00:46:00,160 --> 00:46:03,480
I wonder if this is going to work because I've seen a lot.

739
00:46:03,680 --> 00:46:06,080
I've seen a lot of Dows

740
00:46:06,280 --> 00:46:08,400
not where you're going through the stages of grief.

741
00:46:08,600 --> 00:46:09,960
They would like them to work.

742
00:46:10,160 --> 00:46:13,480
Yeah. So that was like maybe this will work.

743
00:46:13,680 --> 00:46:18,800
And then and then from there, it's been kind of a.

744
00:46:19,000 --> 00:46:21,120
I don't know, just like a slow

745
00:46:21,320 --> 00:46:26,480
incline walking up a hill that feels like I'm walking in the right direction

746
00:46:26,680 --> 00:46:28,080
with everything, I don't know.

747
00:46:28,080 --> 00:46:32,920
It's so I'm like cautiously skeptical about it.

748
00:46:33,120 --> 00:46:34,680
I does that make sense?

749
00:46:34,880 --> 00:46:36,720
Yeah, no, that makes perfect sense.

750
00:46:36,920 --> 00:46:41,880
Yeah. So that's that's how I feel about the Dow now is that I I think.

751
00:46:42,080 --> 00:46:46,040
It has potential and I think it could do a lot of good things.

752
00:46:46,240 --> 00:46:52,560
I guess I have also seen just like a lot of ways that Dows play out with with whale

753
00:46:52,560 --> 00:46:58,840
interaction that is unfortunate because I see all kinds of things

754
00:46:59,040 --> 00:47:02,280
not get approved that I think should get approved.

755
00:47:02,480 --> 00:47:06,160
And I see a lot of things that get approved that I'm like, what the fuck is

756
00:47:06,360 --> 00:47:09,800
going on in this world, which, by the way, is another episode

757
00:47:10,000 --> 00:47:13,200
that I want to drag you in on was what lessons we learned from other Dows.

758
00:47:13,400 --> 00:47:15,680
So TBD,

759
00:47:15,880 --> 00:47:17,680
that would be a good one.

760
00:47:17,680 --> 00:47:23,000
But yeah, cautiously skeptical, I think is a good reaction to my

761
00:47:23,200 --> 00:47:25,240
breathing right now.

762
00:47:25,440 --> 00:47:26,720
All right, Joseph, what about you?

763
00:47:26,720 --> 00:47:27,680
What are your thoughts on that?

764
00:47:27,880 --> 00:47:33,040
Yeah. OK, so my hot reaction right off the bat was.

765
00:47:33,240 --> 00:47:35,520
Who the fuck are these people?

766
00:47:36,720 --> 00:47:39,640
OK, now my

767
00:47:39,840 --> 00:47:44,440
caveat, because that's point number three, so I'll leave that in the window.

768
00:47:44,440 --> 00:47:49,280
I completely forgot about that, but I agree.

769
00:47:49,480 --> 00:47:50,520
Yeah, yeah, yeah.

770
00:47:50,720 --> 00:47:53,640
So obviously I knew Seb and I think everybody knew Seb.

771
00:47:53,840 --> 00:47:59,640
I knew Yatsu because they are the parent company chairman.

772
00:47:59,840 --> 00:48:03,040
Right. I did not know that until I read into it a little bit more.

773
00:48:03,240 --> 00:48:04,080
Yeah. Yeah.

774
00:48:04,280 --> 00:48:08,160
So the good I think those are fine choices.

775
00:48:08,360 --> 00:48:09,360
I'm going to say fine.

776
00:48:09,560 --> 00:48:11,640
I'm not going to say good or ideal.

777
00:48:11,640 --> 00:48:15,000
I think that the advisory board.

778
00:48:15,200 --> 00:48:18,640
No, the advisory board is the lesser folks.

779
00:48:18,640 --> 00:48:19,200
Forgive me.

780
00:48:19,400 --> 00:48:21,560
Special counsel are the ones that get paid.

781
00:48:21,760 --> 00:48:22,240
Yeah.

782
00:48:22,440 --> 00:48:22,720
Yeah.

783
00:48:22,920 --> 00:48:28,480
Special counsel board is lacking someone who works with the people.

784
00:48:28,680 --> 00:48:33,680
I think the people's choice you've got when I looked into them.

785
00:48:33,880 --> 00:48:35,920
And this is off of the hot reaction.

786
00:48:36,120 --> 00:48:36,920
This is more detail.

787
00:48:37,120 --> 00:48:38,280
When I looked into them,

788
00:48:38,280 --> 00:48:42,440
they really just seem like folks Seb knew.

789
00:48:42,640 --> 00:48:44,320
You know what I mean?

790
00:48:44,520 --> 00:48:49,040
It's two people who own businesses based out of Paris where the sandbox's

791
00:48:49,240 --> 00:48:58,000
primary offices are and one person who ran one good program with the sandbox,

792
00:48:58,200 --> 00:49:02,320
which is, you know, for the most part, they're fine people.

793
00:49:02,520 --> 00:49:06,400
In fact, I find that the World of Women Chief Operating Officer,

794
00:49:06,400 --> 00:49:07,960
I believe, is what her role is.

795
00:49:07,960 --> 00:49:08,800
Yeah, Shannon.

796
00:49:09,000 --> 00:49:10,840
She's very, very good.

797
00:49:11,040 --> 00:49:11,320
Yeah.

798
00:49:11,520 --> 00:49:13,880
I looked into her after that because I own a wow.

799
00:49:14,080 --> 00:49:16,720
So I was like, OK, now.

800
00:49:16,920 --> 00:49:17,920
Now.

801
00:49:19,080 --> 00:49:23,240
But it also lends to how the advisory board is selected, right?

802
00:49:23,440 --> 00:49:27,320
Because Loretta Chen, who's a fantastic person and a great representative

803
00:49:27,520 --> 00:49:32,640
of the sandbox at conferences, created the World of Women experiences

804
00:49:32,840 --> 00:49:35,880
with their dev team and Loretta Chen did.

805
00:49:36,080 --> 00:49:37,200
I believe so.

806
00:49:37,200 --> 00:49:39,240
Oh, yeah. I forget the name of their team.

807
00:49:39,440 --> 00:49:40,960
But nonetheless,

808
00:49:41,160 --> 00:49:45,800
that's fascinating because I did an interview for the sandbox of her

809
00:49:46,000 --> 00:49:48,600
leading into Alpha Season 3, so I feel awful about that.

810
00:49:48,800 --> 00:49:52,120
But my memory is just bad like that, quite frankly.

811
00:49:52,320 --> 00:49:53,920
But the.

812
00:49:54,120 --> 00:49:56,000
The folks who are on the advisory board,

813
00:49:56,200 --> 00:50:01,120
I thought were all really smart in a sense, in the sense that they know

814
00:50:01,120 --> 00:50:04,960
the product in the same way that you would know the product, Lancer,

815
00:50:05,160 --> 00:50:06,640
they use it every day.

816
00:50:06,640 --> 00:50:09,920
So they're going to have from the dev side,

817
00:50:10,120 --> 00:50:15,160
they're going to have a good idea of what needs to be approved.

818
00:50:15,360 --> 00:50:16,760
However.

819
00:50:16,960 --> 00:50:20,160
You know, again, hot take initial reaction.

820
00:50:20,360 --> 00:50:24,800
Everybody who's on the special counsel is getting paid a decent amount to just

821
00:50:25,000 --> 00:50:26,960
turn a key. They're not really doing anything.

822
00:50:27,160 --> 00:50:32,680
And more importantly, none of them have time to actually care or pay attention.

823
00:50:32,880 --> 00:50:34,720
Because that was another thing.

824
00:50:34,720 --> 00:50:36,560
Metal members of companies.

825
00:50:36,720 --> 00:50:37,520
Their involvement.

826
00:50:37,720 --> 00:50:39,000
Oh. Yeah.

827
00:50:39,200 --> 00:50:40,280
And especially yet to.

828
00:50:44,640 --> 00:50:48,680
One of the largest presences in the whole crypto space area.

829
00:50:48,880 --> 00:50:53,280
Yeah, I had to back out of the eight一o at some point.

830
00:50:53,480 --> 00:50:55,360
As a result, they're just in too damn busy.

831
00:50:55,560 --> 00:50:57,120
So how does that work, you?

832
00:50:57,320 --> 00:50:59,200
You know, laid out once their point.

833
00:50:59,400 --> 00:51:00,240
Doing it again.

834
00:51:00,440 --> 00:51:03,600
Well, I did in the tidbits of like seven,

835
00:51:03,600 --> 00:51:08,760
did put Cyril did mention I and there we go there I was confusing Kyril and Cyril

836
00:51:08,760 --> 00:51:14,080
at that point Cyril mentioned during his June 4th AMA we selected the initial

837
00:51:14,080 --> 00:51:17,800
council members and special advisors from those we trusted to help guide us

838
00:51:17,800 --> 00:51:22,800
in those initial stages so I think you were right on the money yeah yeah I mean

839
00:51:22,800 --> 00:51:29,120
it's gonna need adjustment but that that said when you look at you know a little

840
00:51:29,120 --> 00:51:33,560
bit later they got approved these sips for these people to be running the show

841
00:51:33,560 --> 00:51:38,600
okay you know and I think that helped a lot when they had the conversations that

842
00:51:38,600 --> 00:51:42,520
they had in the first AMA's it didn't look great that they didn't have

843
00:51:42,520 --> 00:51:46,960
everybody show up to AMA number one sure that they're not they're too damn busy

844
00:51:46,960 --> 00:51:54,920
to do this but at the same time yeah go ahead crafter well I mean that's that's

845
00:51:54,920 --> 00:52:01,360
the biggest thing that I've seen from them is and yeah they they do have

846
00:52:01,360 --> 00:52:06,960
impressive resumes and they but yeah they're they're busy as hell like

847
00:52:06,960 --> 00:52:11,680
cuz they're they're doing all kinds of things and managing businesses and all

848
00:52:11,680 --> 00:52:16,400
like I don't know it just doesn't I don't know I don't understand how

849
00:52:16,400 --> 00:52:20,360
they're gonna have any time to do anything good for the Dow and I feel

850
00:52:20,360 --> 00:52:26,800
like at this stage maybe like yes you want trusted people that are going to

851
00:52:26,800 --> 00:52:31,680
steer things in the right direction that is very true but you need people that

852
00:52:31,680 --> 00:52:37,280
are involved at this stage that are making things happen and I just I feel

853
00:52:37,280 --> 00:52:42,120
like it's just gonna play out the same way I've seen again other dow's is that

854
00:52:42,120 --> 00:52:49,840
like it takes years for it to get going and actually functioning in a good in a

855
00:52:49,840 --> 00:52:54,840
good rhythm and it just I don't think it has to be that way if you have if you

856
00:52:54,840 --> 00:52:59,720
actually have the right people in place to make things happen yeah it might just

857
00:52:59,720 --> 00:53:05,960
be me I'm speaking for but now that I'm reaching my mid-30s when I was younger I

858
00:53:05,960 --> 00:53:11,760
ran like multiple companies I was in multiple nonprofits doing all sort like

859
00:53:11,760 --> 00:53:17,720
10 12 different projects slash jobs in my free time it was it was I was running

860
00:53:17,720 --> 00:53:22,960
I was hustling and because I just had so much passion energy but now that I'm in

861
00:53:22,960 --> 00:53:29,040
my mid-30s I've started over the years just taking things off my my my workload

862
00:53:29,040 --> 00:53:34,280
to where now I only have about three three things and sandbox is now one of

863
00:53:34,280 --> 00:53:39,680
those three that I've started to commit to because I see this going in a really

864
00:53:39,680 --> 00:53:44,960
positive direction it has the budget it has the energy it has the momentum ish

865
00:53:44,960 --> 00:53:52,040
we can get it back right but it has the people and and for once in my life I got

866
00:53:52,040 --> 00:54:00,080
in early I got I got in to where you know I've have an experience under my

867
00:54:00,080 --> 00:54:06,520
belt and I've I've watched the community I played almost all of the experiences

868
00:54:06,520 --> 00:54:10,120
and all the old ones right the seasons before they start proliferating into

869
00:54:10,120 --> 00:54:16,520
hundreds but yeah I'm like I want to commit I want to commit and so when

870
00:54:16,520 --> 00:54:20,760
crafter when you're saying that I'm like yeah I get that can can some of these

871
00:54:20,760 --> 00:54:26,160
others can they devote the energy needed to to build a healthy organization

872
00:54:26,160 --> 00:54:31,880
because right now we're living off of the the early momentum the announcement

873
00:54:31,880 --> 00:54:35,720
and then the 20 million dollar raise off of a 1 billion dollar about valuation

874
00:54:35,720 --> 00:54:40,000
like there's a lot of push but when that dissipates the attention goes elsewhere

875
00:54:40,000 --> 00:54:45,600
who's left who's left to carry this forward right now that's interesting look

876
00:54:45,600 --> 00:54:50,160
look at where we're at right now there's there's barely any interaction going on

877
00:54:50,160 --> 00:54:57,200
I mean I know I know there but it's not I didn't I didn't go just read that PR

878
00:54:57,200 --> 00:55:02,080
but you just said that they raised 20 million and I knew that off a 1 billion

879
00:55:02,080 --> 00:55:08,200
dollar valuation 1 a billion dollar valuation was that okay but is that how

880
00:55:08,200 --> 00:55:12,080
they wrote it in the press release that is how they wrote it yes I'll pull it up

881
00:55:12,080 --> 00:55:16,280
hey cool it's fun cuz that's wrong it's much higher evaluation it should have

882
00:55:16,280 --> 00:55:21,440
been much higher than that captain captain and his co-host mentioned that

883
00:55:21,440 --> 00:55:25,560
something closer to four or five billion was what they either expected or that

884
00:55:25,560 --> 00:55:29,480
they had seen before I couldn't quite make that out yeah yeah so yeah well

885
00:55:29,480 --> 00:55:36,680
let's if we defer back to just the liquidity of the land right 166 464

886
00:55:36,680 --> 00:55:45,680
times one and what is he's right now like $3,300 yeah about 33

887
00:55:45,680 --> 00:55:53,960
34 right now number so yeah I mean that's another yeah it's in the

888
00:55:53,960 --> 00:55:58,160
announcement sandbox announces 20 million dollar funding at 1 billion

889
00:55:58,160 --> 00:56:05,560
valuation cap to expand creator economy right holy shit that is concerning what I

890
00:56:05,560 --> 00:56:11,920
remember is that they were valuated at 4 billion oh during their first raise and

891
00:56:11,920 --> 00:56:17,600
or one of their raises and then this this is the second or not so I don't

892
00:56:17,600 --> 00:56:23,600
know how many yeah but they where they dropped the valuation way down yeah

893
00:56:23,600 --> 00:56:28,440
that's what I remember like seeing in the headlines and I don't know I'm not

894
00:56:28,440 --> 00:56:33,560
a numbers guy so I see these things and I like yeah when I was there when I was

895
00:56:33,560 --> 00:56:40,840
there um we had oh my god why why is my dog anyway I'm just gonna pretend like

896
00:56:40,840 --> 00:56:48,040
my dog's not barking in the background forgets okay the a land capped it a land

897
00:56:48,040 --> 00:56:55,440
peaked at five e for the minimum off right right and so that five eight times

898
00:56:55,440 --> 00:57:01,600
166 whatever times four thousand at the time it meant it was 20 grand for a land

899
00:57:01,600 --> 00:57:07,320
for one you know USD valuation and right now the total value of all the lands is

900
00:57:07,320 --> 00:57:11,720
now just like 50 something million dollars yeah I was looking at earlier

901
00:57:11,720 --> 00:57:16,360
day they each each is hovering about point 12 e right now yeah okay so a

902
00:57:16,360 --> 00:57:20,440
little higher than that then it'd be like 60 mil for all of the lands if you

903
00:57:20,440 --> 00:57:24,720
wanted to buy them all which is a stark contrast because that's a you know

904
00:57:24,720 --> 00:57:31,080
that's the difference of billions of dollars of total valuation loss lost

905
00:57:31,080 --> 00:57:35,920
yeah from another perspective however if the sandbox can build a good

906
00:57:35,920 --> 00:57:40,520
proposition for developers to come in then you're spending three four hundred

907
00:57:40,520 --> 00:57:48,000
dollars to buy a the right to publish in this place right you're buying your slot

908
00:57:48,000 --> 00:57:51,400
on the Apple Store you're buying your slot on the Google Play Store and you

909
00:57:51,400 --> 00:57:58,960
don't have to take a 30% revenue cut it's a good price point it is it is so

910
00:57:58,960 --> 00:58:05,800
that devs can make money easier right you know like yeah but the that that hurts as

911
00:58:05,800 --> 00:58:09,800
a number when I hear that number my god because like I'm I was like I said I was

912
00:58:09,800 --> 00:58:14,400
there launching sand with the sandbox I was helping people including one guy who

913
00:58:14,400 --> 00:58:19,440
literally lost a million dollars worth of sand he just lost it you know wallet

914
00:58:19,440 --> 00:58:22,400
he was like he was super pissed off going through our support and I was like

915
00:58:22,400 --> 00:58:27,960
bro here is your each transaction where you traded it for USD see like three

916
00:58:27,960 --> 00:58:31,720
weeks ago you weren't were you drunk and then he was like oh my god I didn't know

917
00:58:31,720 --> 00:58:35,480
I'm like yeah this is your wallet here you go here's when you did it you lost

918
00:58:35,480 --> 00:58:44,360
this million dollars you did it wrong and yeah man it's man anyway good time

919
00:58:44,360 --> 00:58:51,940
kind of I'd be throwing I'd be throwing a big big changes in SIPs and hopefully

920
00:58:51,940 --> 00:58:59,000
those changes can it can impact so one of the other one of the other reaction

921
00:58:59,000 --> 00:59:07,000
points that I had was when I asked them on that first AMA what what impact does

922
00:59:07,000 --> 00:59:13,720
it have they replied with well we might completely deny a proposal right we

923
00:59:13,720 --> 00:59:18,720
might just say nah can't do it which I thought sort of defeats the purpose of

924
00:59:18,720 --> 00:59:25,480
the the decentralized autonomous yeah it's none of those things if the sandbox

925
00:59:25,480 --> 00:59:31,920
can come through and ubiquitously go nah yeah there's I mean they have multiple

926
00:59:31,920 --> 00:59:36,440
ways to do that it's right and there's multiple layers during the process that

927
00:59:36,440 --> 00:59:43,000
it sort of comes about so it does help if you're proposing something for a

928
00:59:43,000 --> 00:59:48,640
tool that they definitely are not making or definitely could not make right but

929
00:59:48,640 --> 00:59:54,520
also it helps if if you can get something like a roadmap to get up like

930
00:59:54,520 --> 00:59:59,360
available I know that those roadmaps already exist so if you can get that to

931
00:59:59,360 --> 01:00:05,400
be votable then that would be easy to pass and easy to implement so anyway

932
01:00:05,400 --> 01:00:10,280
yeah right on preach

933
01:00:10,280 --> 01:00:15,520
in my opinion the way like they've done everything you should be able to submit

934
01:00:15,520 --> 01:00:19,920
that and have it be an SIP like I already submitted it so I'm just waiting

935
01:00:19,920 --> 01:00:26,440
for them to put it to community 14-day community comment yeah that'll be the

936
01:00:26,440 --> 01:00:31,320
interesting bit right because that's where the friction may come in special

937
01:00:31,320 --> 01:00:36,800
council are the people who put it forward to can the community even vote

938
01:00:36,800 --> 01:00:40,280
so it does a special cancer look at that and say I didn't I didn't hear a no yet

939
01:00:40,280 --> 01:00:44,520
put out a roadmap right yeah and so I'm interested to see that's that's what I

940
01:00:44,520 --> 01:00:48,680
want to see from this process is special council to effectively get out of the

941
01:00:48,680 --> 01:00:53,720
way and say fine go vote for it on almost any SIP yeah and then actually

942
01:00:53,720 --> 01:00:57,920
know how goes they know yeah that'll make it that'll make it decentralized if

943
01:00:57,920 --> 01:01:02,440
it is going to be my first three to five sips I'm hitting different sectors to

944
01:01:02,440 --> 01:01:08,080
see kind of what what we can do one was in game Windows windows resizing one was

945
01:01:08,080 --> 01:01:13,360
out of game programatics then I'm gonna have more of an out of game plug-in tool

946
01:01:13,360 --> 01:01:22,600
and then magic palette so Pepe is hitting the out of game web based so I'm

947
01:01:22,600 --> 01:01:31,000
trying to feel out the contours of what the Dow can can can stomach don't know

948
01:01:31,000 --> 01:01:39,840
and if I was if I was projecting my understanding of the sandbox game the

949
01:01:39,840 --> 01:01:44,880
their window resizing is the least likely one to go forward even though it

950
01:01:44,880 --> 01:01:49,480
seems like the easiest one to implement because they may say there may literally

951
01:01:49,480 --> 01:01:53,920
be a person in the office who says I'm already doing that and so your sip will

952
01:01:53,920 --> 01:01:57,600
just get denied and you won't know why it gets denied because they won't be

953
01:01:57,600 --> 01:02:02,560
clear because there is no roadmap yeah it'll just get denied and then you'd be

954
01:02:02,560 --> 01:02:07,120
like damn they're just not gonna do that for me as a dev but it could literally

955
01:02:07,120 --> 01:02:10,840
already be being done and so that's where some of the okay negative friction

956
01:02:10,840 --> 01:02:14,480
maybe versus what you propose but I think that's why I think it's important

957
01:02:14,480 --> 01:02:22,800
for purpose I have forward one two three four 18 more sips I want to write so we

958
01:02:22,800 --> 01:02:32,160
can let one go I'm in my element I'm in my element I like I like this portion

959
01:02:32,160 --> 01:02:37,440
okay so you're unsure the personalities involved and how else would you recap

960
01:02:37,440 --> 01:02:40,280
your reaction

961
01:02:42,000 --> 01:02:48,200
yeah financials the financials were terrible financials need improvement

962
01:02:48,200 --> 01:02:53,200
specifically sure we could say needs improvement the very last line item was

963
01:02:53,200 --> 01:02:58,160
the one that really stuck out for me just because it said other 1.2 million

964
01:02:58,160 --> 01:03:07,720
dollars worth of sand and I'm like yeah okay I have it on a slice 15 other is

965
01:03:07,720 --> 01:03:14,080
2.4 million 2.4 million sand yeah at the time it was almost 50 cents for saying

966
01:03:14,080 --> 01:03:20,760
or whatever so I was roughing it a million million two in USD oh gotcha

967
01:03:20,760 --> 01:03:29,480
gotcha okay yeah yeah how about that all right my reaction my reaction is it's

968
01:03:29,480 --> 01:03:33,680
the same as what I what I said it hasn't really changed I was very skeptical at

969
01:03:33,680 --> 01:03:38,360
first I had the same reaction as Joseph did who are these people I recognize a

970
01:03:38,360 --> 01:03:42,960
couple names but the vast majority of them I don't know I haven't heard and

971
01:03:42,960 --> 01:03:45,640
I've been trying to pay attention to who's been talking the community and

972
01:03:45,640 --> 01:03:52,800
then the the sips one two three four and five those were a bit of a eyebrow

973
01:03:52,800 --> 01:03:56,480
razor to me we were spending money before we even have a budget being passed

974
01:03:56,480 --> 01:04:03,000
there were 27 million voting power being lobbed at the yeses already I'm like what

975
01:04:03,000 --> 01:04:09,880
what is the point of saying no now this at this stage and then as the AMA is

976
01:04:09,880 --> 01:04:16,480
developed as sab serial and and Shannon and Loretta started communicating more

977
01:04:16,480 --> 01:04:21,320
about what was intended and what their intent was as time started to unfold then

978
01:04:21,320 --> 01:04:27,360
my skepticism turned into into hopeful optimism so at this point I'm giving

979
01:04:27,360 --> 01:04:31,200
them the benefit of the doubt they they made it clear that their intention is to

980
01:04:31,200 --> 01:04:37,780
wind up the Troy set it down and then let the community push it or stop it or

981
01:04:37,780 --> 01:04:42,160
run off the tracks I was just listening to Lisbon the other day that got

982
01:04:42,160 --> 01:04:47,840
published said rent reiterated for the third time I've heard in an AMA or

983
01:04:47,840 --> 01:04:55,720
elsewhere that his intention is for the Dow to take over the the decision-making

984
01:04:55,720 --> 01:05:00,600
for the sandbox and and he used the word timeless right he wanted to be

985
01:05:00,600 --> 01:05:07,040
timeless and my interpretation was that and giving the Dow complete authority

986
01:05:07,040 --> 01:05:14,840
over the sandbox it would live on through any one person one CEO one bad

987
01:05:14,840 --> 01:05:19,600
management choice of a director or whatever their case is that some of the

988
01:05:19,600 --> 01:05:26,000
other companies face yeah that Dow choice right and Andy to his credit said bad

989
01:05:26,000 --> 01:05:31,040
idea because one of us is gonna run it off the train and then a whale is gonna

990
01:05:31,040 --> 01:05:35,680
go in or public sentiment is gonna be like hey we should give everyone one

991
01:05:35,680 --> 01:05:43,040
million dollars like some sort of some sort of one billion dollar one billion

992
01:05:43,040 --> 01:05:49,680
dollar valuation killing maneuver and and then it's over but I think it's a

993
01:05:49,680 --> 01:05:56,960
great idea and we'll you know I'm optimistic especially now that I

994
01:05:56,960 --> 01:06:03,040
understand their intent is to they built up the team selected by who they trusted

995
01:06:03,040 --> 01:06:09,000
to build the house the structure and then they will hand the keys over at a

996
01:06:09,000 --> 01:06:13,080
certain point in time in the future and then hands off and I think that's a

997
01:06:13,080 --> 01:06:18,920
great plan I think that's a great plan we'll see how it executes I wonder what

998
01:06:18,920 --> 01:06:26,040
subs vision for how like what how long does he is he envisioning that that's

999
01:06:26,040 --> 01:06:31,760
going to take he didn't say although they did mention one of the reasons why

1000
01:06:31,760 --> 01:06:37,440
they chose December 2025 as the reelection for the advisory board was

1001
01:06:37,440 --> 01:06:43,520
one to turn over the new budget year and then to to govern out the rest of the

1002
01:06:43,520 --> 01:06:47,960
calendar year they felt that they needed that that rest of that calendar year to

1003
01:06:47,960 --> 01:06:52,920
make an impact to really build the foundation and the walls so if we decide

1004
01:06:52,920 --> 01:06:58,000
to burn all down afterwards they've given us a key to a ready-made house so

1005
01:06:58,000 --> 01:07:03,000
at least until December but he we didn't I don't that didn't remember him

1006
01:07:03,000 --> 01:07:08,840
specifying beyond that December of next year 2025

1007
01:07:08,840 --> 01:07:15,440
which I have a I have a sit plan for that one so I'm that one's gonna be my

1008
01:07:15,440 --> 01:07:19,800
most unique one yet because I was listening for what they thought about

1009
01:07:19,800 --> 01:07:30,360
elections I got us I'm up to something one of my 18 sips yeah so let's get in

1010
01:07:30,360 --> 01:07:34,880
this next one right and before we get into this next one if any of you are

1011
01:07:34,880 --> 01:07:39,460
watching and you are advisory council or special advisory board or special

1012
01:07:39,460 --> 01:07:44,400
council please let me just say up front none of this is meant to insult none of

1013
01:07:44,400 --> 01:07:48,760
this is meant to disparage or demean we are appreciative that you stepped up I

1014
01:07:48,760 --> 01:07:53,560
leave I'm I'll speak for myself I'm appreciative that you stepped up to help

1015
01:07:53,560 --> 01:07:58,920
lead this initial phase of the Dow there's there's nothing that I'm going

1016
01:07:58,920 --> 01:08:06,160
to say that should take away from that and with that let's get into the people

1017
01:08:06,160 --> 01:08:10,480
of the advisory board and the special council right so for you all I put it on

1018
01:08:10,480 --> 01:08:18,640
slide slide 20 and 21 and I'll show underneath on if you're watching this

1019
01:08:18,640 --> 01:08:25,560
stream you can see underneath I'll start to show all of that but what do we know

1020
01:08:25,560 --> 01:08:32,240
of the advisory board and the special council Joe what do you yeah what do you

1021
01:08:32,240 --> 01:08:38,080
think so I'll go with advisory board first because it's listed first it's

1022
01:08:38,080 --> 01:08:45,440
full of creators people who have been in the game maker fund and even further

1023
01:08:45,440 --> 01:08:51,400
they're out often as developers in the game maker fund were invited by the

1024
01:08:51,400 --> 01:08:56,520
sandbox game to go out to conferences and represent as the people who did make

1025
01:08:56,520 --> 01:09:01,320
these games and they would stand there in that booth all around the world these

1026
01:09:01,320 --> 01:09:06,880
are people on the advisory advisory board almost almost each and every one

1027
01:09:06,880 --> 01:09:13,760
of them has been at some point invited by a sandbox game to represent as a dev

1028
01:09:13,760 --> 01:09:21,560
and by that I didn't know that okay so Anthony Chow you know moja maybe not the

1029
01:09:21,560 --> 01:09:28,240
first two maybe they have but okay when you're ready to send Matthew videos made

1030
01:09:28,240 --> 01:09:33,560
Everest crabs to hermit crab studio has multiple games that have been in

1031
01:09:33,560 --> 01:09:40,160
seasons Loretta I mean Loretta like I said made the world of women experiences

1032
01:09:40,160 --> 01:09:48,560
on maybe on another team and I've seen like I saw her in New York so I know

1033
01:09:48,560 --> 01:09:53,880
that she's represented them and the other teams as well have made really

1034
01:09:53,880 --> 01:09:57,800
high-quality stuff artifact labs has been great made some great games McDowell

1035
01:09:57,800 --> 01:10:05,040
was one of the better games in the season 3 and then the

1036
01:10:05,040 --> 01:10:08,960
I can't I can't read okay so these are very much behind the scenes people is

1037
01:10:08,960 --> 01:10:12,880
what I'm hearing yes yeah they're behind the scenes in the sense that they're a

1038
01:10:12,880 --> 01:10:18,040
little bit insider but at the same time they are depths for the most part so I

1039
01:10:18,040 --> 01:10:26,120
like the advisory folks myself however it would be easy to see how someone from

1040
01:10:26,120 --> 01:10:30,160
the community would have no idea who they are and ask like me along being

1041
01:10:30,160 --> 01:10:36,600
there right I had no idea so if I'm if I'm doing it differently I would have

1042
01:10:36,600 --> 01:10:44,320
had a amaze before it was time to vote for them yeah that said I'm okay with

1043
01:10:44,320 --> 01:10:49,440
the vote results because I'm okay with these folks here and the special council

1044
01:10:49,440 --> 01:10:58,520
I would I would probably change the person who was the CEO of an an art

1045
01:10:58,520 --> 01:11:04,880
installation in Paris that's based around NFTs like that's cool but it

1046
01:11:04,880 --> 01:11:10,800
doesn't really satisfy the demand of this platform the core needs for the

1047
01:11:10,800 --> 01:11:16,400
platform but also we didn't have any discussion before they were picked

1048
01:11:16,400 --> 01:11:22,960
either so there wasn't enough understanding of what the sandbox needs

1049
01:11:22,960 --> 01:11:28,080
to do I would say that the special council appeared to be decided once again

1050
01:11:28,080 --> 01:11:32,000
as I mentioned based on people that said new and that doesn't mean that they're

1051
01:11:32,000 --> 01:11:40,120
bad for this purpose for the most part this is key turning literally but if

1052
01:11:40,120 --> 01:11:44,720
these folks happen to get in the way and I think the best opportunity for getting

1053
01:11:44,720 --> 01:11:49,720
in the way is gonna come from Seb of SIPs getting forward to community

1054
01:11:49,720 --> 01:11:55,720
voting then I think personally I think that's not great and this has nothing to

1055
01:11:55,720 --> 01:12:00,880
do with who's picked it really has more to do with the process of how do SIPs

1056
01:12:00,880 --> 01:12:04,720
go forward so overall

1057
01:12:04,960 --> 01:12:09,480
it's gonna go out there and maybe these people rotate out and probably these

1058
01:12:09,480 --> 01:12:13,760
people rotate out do they find themselves not having the time to do it

1059
01:12:13,760 --> 01:12:18,040
or is it not worth their time making whatever it was the off their

1060
01:12:18,040 --> 01:12:21,480
proposition I think it was like forty thousand dollars for this for the

1061
01:12:21,480 --> 01:12:27,040
duration of this this contract if I've converted it from saying two dollars

1062
01:12:27,040 --> 01:12:32,560
right obviously that can be much more if they're super dedicated and they put

1063
01:12:32,560 --> 01:12:37,320
forward real change that positively impacts the community then the fact that

1064
01:12:37,320 --> 01:12:44,280
it's given as tokens is is a good thing the fact that it's not disseminated in

1065
01:12:44,280 --> 01:12:50,000
dollars is a good thing but yeah there's some yeah yeah yeah overall teams fine

1066
01:12:50,000 --> 01:12:52,760
you know what I mean looking that was not the answer I thought you were gonna

1067
01:12:52,760 --> 01:12:58,840
give Joseph I didn't know you knew or had familiarity with the advisory board

1068
01:12:58,840 --> 01:13:04,000
you're the first person I've heard to ever explain that yeah well it does help

1069
01:13:04,000 --> 01:13:08,360
that I was there at conferences and it does help that I've worked for the

1070
01:13:08,360 --> 01:13:13,440
sandbox previously I don't have an active contract it also does help that

1071
01:13:13,440 --> 01:13:20,680
many of these teams brought their games to me to QA including you know Loretta I

1072
01:13:20,680 --> 01:13:24,760
believe we had done one on a live show where I had played test of the world of

1073
01:13:24,760 --> 01:13:27,680
women and they're in the comments talking about oh you saw this you found

1074
01:13:27,680 --> 01:13:32,400
this this is why that is this is why that's broken you know and so I know

1075
01:13:32,400 --> 01:13:36,580
that they understand how to make the tool better because they do work with the

1076
01:13:36,580 --> 01:13:43,240
tool so that I liked I like these people okay well all right

1077
01:13:43,240 --> 01:13:46,680
that is that is definitely an interesting take crafter what do you

1078
01:13:46,680 --> 01:13:51,880
think well I mean that's good to hear I to be honest haven't taken any time

1079
01:13:51,880 --> 01:13:56,960
because none of them have taken any time to to show up to anything so I haven't

1080
01:13:56,960 --> 01:13:59,560
really taken any time to look into any of them

1081
01:13:59,560 --> 01:14:04,680
Shannon showed up to more than a few so it's fatty

1082
01:14:04,680 --> 01:14:11,760
Shannon's the only one that I've really noticed but maybe others have but either

1083
01:14:11,760 --> 01:14:18,520
way I I just don't I don't appreciate that for one being in the positions that

1084
01:14:18,520 --> 01:14:25,600
that they are and I don't I don't specifically and then this was brought

1085
01:14:25,600 --> 01:14:30,280
up earlier I think by Joseph that there's no one that represents the

1086
01:14:30,280 --> 01:14:34,800
community there like if any of these people had been involved in the

1087
01:14:34,800 --> 01:14:39,320
community at all I would have spoken to them at some point in my four years yeah

1088
01:14:39,320 --> 01:14:43,600
because you used to be used to be part of the machine doing doing all of this

1089
01:14:43,600 --> 01:14:51,360
so I that's my one hesitation is that it feels like it's just a business move

1090
01:14:51,360 --> 01:14:57,800
based off of who all is in these positions and not at all going to really

1091
01:14:57,800 --> 01:15:05,600
care about what the community wants and I just think that that's not a good first

1092
01:15:05,600 --> 01:15:12,080
taste for people so that strikes you as kind of a negative first step yes and

1093
01:15:12,080 --> 01:15:18,160
okay and probably just a misstep to be honest I don't I'm not saying that it

1094
01:15:18,160 --> 01:15:25,680
was intentional but I do think that it also could be remedied and should be

1095
01:15:25,680 --> 01:15:32,400
remedied just because for one now I'm just kind of spitballing but you got me

1096
01:15:32,400 --> 01:15:40,320
rolling the advisors the advisors I don't like I guess I don't understand

1097
01:15:40,320 --> 01:15:44,680
their role because if they're supposed to be advising the Dow and the Dow

1098
01:15:44,680 --> 01:15:54,200
members where are they we do see Loretta every once in a while I still am in the

1099
01:15:54,200 --> 01:15:58,320
same place as you I know they're supposed to advise on cultural there each

1100
01:15:58,320 --> 01:16:06,200
other on cultural emphasis and that is somehow input into somewhere I'm not

1101
01:16:06,200 --> 01:16:11,240
sure is it yeah when they say cultural are they like referring to just like

1102
01:16:11,240 --> 01:16:18,720
areas of the yeah yeah yeah like like fashion regions so industries that's

1103
01:16:18,720 --> 01:16:22,080
where my headwind is like industries but and then and then I see other people

1104
01:16:22,080 --> 01:16:26,880
point out that they're just from different areas of the world but I don't

1105
01:16:26,880 --> 01:16:33,480
know where any of these people are from so I have no idea yeah and community

1106
01:16:33,480 --> 01:16:39,760
base in different parts of the world yeah I mean they do have studios out of

1107
01:16:39,760 --> 01:16:42,800
different parts of the world but all of them have the same needs and problems

1108
01:16:42,800 --> 01:16:48,400
you know for the most part this of code green I think code green is the only one

1109
01:16:48,400 --> 01:16:54,840
that I don't remember having seen a game produced by them which is what it is but

1110
01:16:54,840 --> 01:16:59,280
I think as I recall code green is the company where a certain portion of all

1111
01:16:59,280 --> 01:17:05,240
sand earnings get derived down and this helped solve a problem for the sandbox

1112
01:17:05,240 --> 01:17:11,520
in the past as I was getting yelled at on live streams code green helps plant

1113
01:17:11,520 --> 01:17:15,040
trees right for every dollar the sandbox makes they take a portion of that and

1114
01:17:15,040 --> 01:17:21,840
give it to them so now does that put them in a good spot to advise what the

1115
01:17:21,840 --> 01:17:25,560
future of the platform is maybe in a certain way it definitely brings a

1116
01:17:25,560 --> 01:17:32,640
certain angle but their angle may be more fiscal and is that okay sure you

1117
01:17:32,640 --> 01:17:39,480
know but once again I sort of come from a place where

1118
01:17:39,480 --> 01:17:46,720
most of them being CEO COO chief commercial officer founder are they busy

1119
01:17:46,720 --> 01:17:54,560
you know so it's nice to see a few faces show up and you know aside from that

1120
01:17:54,560 --> 01:18:00,040
yeah it's whatever it's yeah and I guess to piggyback off that comment I'm not

1121
01:18:00,040 --> 01:18:07,080
really shitting on them for not showing up I'm just pointing this out that I feel

1122
01:18:07,080 --> 01:18:12,920
like and maybe we need their advice and they're good good people to be on the

1123
01:18:12,920 --> 01:18:16,520
board but also we need some people that are gonna be able to show up and

1124
01:18:16,520 --> 01:18:20,680
and do the things that need to be done so it's really what I want to what I

1125
01:18:20,680 --> 01:18:26,480
wanted to see that I didn't see is that I wanted to see I mean I've seen it

1126
01:18:26,480 --> 01:18:32,120
message in the chat Panda Pops Alex candidly Kristen don't mean to name

1127
01:18:32,120 --> 01:18:37,720
drop myself but my name came up okay of people who are connected with the actual

1128
01:18:37,720 --> 01:18:41,040
comments that come through on discord and the comments that come through on

1129
01:18:41,040 --> 01:18:44,040
twitch and the comments that come through on Twitter and read them and

1130
01:18:44,040 --> 01:18:48,400
understand what the vibe is there's a lovely gentleman who works for the

1131
01:18:48,400 --> 01:18:54,160
sandbox out of the UK named Scott and he gives a bullet-pointed synopsis to the

1132
01:18:54,160 --> 01:18:57,920
sandbox team of these are all the complaints we saw in discord this week

1133
01:18:57,920 --> 01:19:05,360
every single week so if Scott is in this then that makes more sense because then

1134
01:19:05,360 --> 01:19:10,760
it's like we know what the sandbox needs to succeed because the problems that the

1135
01:19:10,760 --> 01:19:14,440
sandbox needs to solve and they need to solve them in my opinion before December

1136
01:19:14,440 --> 01:19:20,480
of 2025 at the end of this term they need to solve the active users they need

1137
01:19:20,480 --> 01:19:25,560
to solve devs making money because both of those things solve each other's

1138
01:19:25,560 --> 01:19:30,520
problem yeah and both of those things make a land worth five E's again they

1139
01:19:30,520 --> 01:19:35,480
make and worth the others again right you know and at the end of the day those

1140
01:19:35,480 --> 01:19:42,520
are the numbers that the the VCs and everything are looking for right so so

1141
01:19:42,520 --> 01:19:45,600
it makes everyone happy it makes the devs it makes the gamers and it makes

1142
01:19:45,600 --> 01:19:50,440
all the all of the money all the money yeah I'm everything happy yeah and that's

1143
01:19:50,440 --> 01:19:55,000
what and we should be shooting for and then on the other side what is the good

1144
01:19:55,000 --> 01:20:00,200
side to these advisors I would say is let's say an SIP comes through that says

1145
01:20:00,200 --> 01:20:04,920
you need to do another season and you need to give away five million sand in

1146
01:20:04,920 --> 01:20:09,960
that season right well these advisors might make sense to say well that doesn't

1147
01:20:09,960 --> 01:20:17,320
solve the core problem because if I'm an advisor yeah the the games need to be

1148
01:20:17,320 --> 01:20:22,680
good they need to be fun they need to be engaging people won't care if they make

1149
01:20:22,680 --> 01:20:26,760
money if the games are actually fun you know what I mean if the games are only

1150
01:20:26,760 --> 01:20:31,480
there to grind then the only type of gamer you're ever going to get are the

1151
01:20:31,480 --> 01:20:35,960
people who are only interested in earning a buck while they play but if a

1152
01:20:35,960 --> 01:20:40,720
game is fun you're gonna play it for not five hours you play it for tens of hours

1153
01:20:40,720 --> 01:20:43,560
thousands of hours you know what I mean you're just playing it because you're

1154
01:20:43,560 --> 01:20:47,040
having a good time people don't play Call of Duty because they earn five

1155
01:20:47,040 --> 01:20:53,120
bucks playing it they spend hundreds of dollars because it's fun and worth their

1156
01:20:53,120 --> 01:20:57,680
time so that's the shift that they need where these advisors might be good for

1157
01:20:57,680 --> 01:21:02,160
that maybe maybe I agree I agree with that a hundred percent though that's

1158
01:21:02,160 --> 01:21:11,120
that is what we need to have happen hopefully we figured out yeah I'm I did

1159
01:21:11,120 --> 01:21:19,120
not know the majority of them and I had the same reaction what beyond just the

1160
01:21:19,120 --> 01:21:24,840
I haven't seen them around the main thing that I was thinking was what is

1161
01:21:24,840 --> 01:21:30,080
their role and how are they adding value to the vision of the Dow as I read the

1162
01:21:30,080 --> 01:21:36,040
Dow vision I thought that sounds good what are we doing who is our leadership

1163
01:21:36,040 --> 01:21:45,680
and what are they doing to do that and other than you know these are I knew

1164
01:21:45,680 --> 01:21:49,800
World of Women I didn't know Shannon so I looked her up afterwards and I saw

1165
01:21:49,800 --> 01:21:55,000
what she was speaking at and con and different venues and I was like okay

1166
01:21:55,000 --> 01:21:58,800
yep that that makes sense that's what I'd expect did not know

1167
01:21:58,800 --> 01:22:05,080
grill capital was the the the parent of ledger so as soon as I made that

1168
01:22:05,080 --> 01:22:10,720
connection like all right no that makes sense yet sue I knew somewhat about

1169
01:22:10,720 --> 01:22:15,640
Enemoca did not know the depths which that presence is in the in our industry

1170
01:22:15,640 --> 01:22:20,560
that makes sense area on I didn't I'm not too familiar with

1171
01:22:20,560 --> 01:22:26,200
Freddy or area on but I take it for you know what it is it has a very flashy

1172
01:22:26,200 --> 01:22:32,840
website yeah my master's degree in micro electronics you know so maybe that's and

1173
01:22:32,840 --> 01:22:38,200
then the advisory board I did not know any of them I'd only I've heard Loretta

1174
01:22:38,200 --> 01:22:45,680
and a few AMA's and the one that they did today or yesterday the AMA at the

1175
01:22:45,680 --> 01:22:52,680
Southeast Asian region she was the host so about 50% of the way through that one

1176
01:22:52,680 --> 01:22:59,480
for that and okay cool but the main thing I was trying to figure out is what

1177
01:22:59,480 --> 01:23:05,640
exactly are they advising on what is what sort of cultural input and

1178
01:23:05,640 --> 01:23:14,440
strategic advisement are they leveraging so none of that was clear to me and to

1179
01:23:14,440 --> 01:23:19,640
me when I look at the leadership of any organization military civilian

1180
01:23:19,640 --> 01:23:28,200
nonprofit your local D&D board game group the leadership

1181
01:23:29,040 --> 01:23:34,920
leadership is one of the the key things that tells you about where is it where's

1182
01:23:34,920 --> 01:23:39,440
it going what's its chance of survivability how effective will it be

1183
01:23:39,440 --> 01:23:45,760
how credible will they be how transparent will they be and also what

1184
01:23:45,760 --> 01:23:49,920
is their what is the ratio to what they speak towards what they act on in

1185
01:23:49,920 --> 01:23:55,880
alignment with their vision and I don't really have too many concerns right now

1186
01:23:55,880 --> 01:24:01,200
in this initial phase it's a very strong opening in my opinion I don't know all

1187
01:24:01,200 --> 01:24:07,040
of these people but I trust that they represent some facet some need and that

1188
01:24:07,040 --> 01:24:12,840
when Cyril and Seb say that they spent eight months working on the DOWs you

1189
01:24:12,840 --> 01:24:16,040
know articles and corporation the bylaws and all that that they took

1190
01:24:16,040 --> 01:24:23,480
careful consideration and inviting these seven individuals and these four five

1191
01:24:23,480 --> 01:24:31,440
board members yeah cool well it's also important to note that the advisors get

1192
01:24:31,440 --> 01:24:36,640
paid nothing their vestment in the sandbox is the reason why they are

1193
01:24:36,640 --> 01:24:43,040
wanting to it so you know it would be literally like asking any of us you want

1194
01:24:43,040 --> 01:24:49,080
to do this okay well you get nothing for it but tell me what the beat is right so

1195
01:24:49,080 --> 01:24:53,800
that's that's that's one credit to those people yeah yeah the special counsel of

1196
01:24:53,800 --> 01:24:57,840
course as I mentioned before it gets paid now it's probably about thirty five

1197
01:24:57,840 --> 01:25:02,640
thousand dollars in you know today's sand value for the duration of this

1198
01:25:02,640 --> 01:25:08,680
proposal which is till December of 2025 so not too much to garner their

1199
01:25:08,680 --> 01:25:14,560
attention necessarily maybe more than they should be paid to just turn a key

1200
01:25:14,560 --> 01:25:20,760
but are they just turning keys are they directly involved that's question mark

1201
01:25:20,760 --> 01:25:27,520
yeah yeah so yeah I'm optimistic it's it's the longevity of it you know this

1202
01:25:27,520 --> 01:25:32,600
is this is not necessarily a sprint when it comes to a Dow and the more I learn

1203
01:25:32,600 --> 01:25:36,400
about DOWs I did not know much about DOWs so shout out to G and Enemoka

1204
01:25:36,400 --> 01:25:41,240
Hall when they did their Saturday things that was the first time I got exposed to

1205
01:25:41,240 --> 01:25:46,280
a long-form narrative of what a DOW was and then I just delved into YouTube

1206
01:25:46,280 --> 01:25:52,960
videos after that so that that was cool did not know how that worked at all and

1207
01:25:52,960 --> 01:26:04,720
then suddenly oh okay I get it DOWs, SIPs, voting, bylaws, cool. Something I noted

1208
01:26:04,720 --> 01:26:10,440
that was I wanted to specially point out was when I was looking through was

1209
01:26:10,440 --> 01:26:16,560
looking through the voting power I noticed that sandbox had 27 million

1210
01:26:16,560 --> 01:26:22,120
voting power that it applied to SIP for now I realize they did that on accident

1211
01:26:22,120 --> 01:26:26,080
zero was very apologetic that they couldn't rescind it to resubmit okay

1212
01:26:26,080 --> 01:26:33,840
cool but I think do we have anyone that could rival that at all

1213
01:26:33,840 --> 01:26:40,080
is it is it 27 million and then it's lopsided I saw a comp

1214
01:26:40,080 --> 01:26:49,680
crypto-politin that's 4 million no no one can rival that let me see there were

1215
01:26:49,680 --> 01:26:54,840
over a thousand votes on average for each SIP you know crypto-politin came in

1216
01:26:54,840 --> 01:26:59,400
strong with 4 mil and then it seemed like a healthy spread down below that

1217
01:26:59,400 --> 01:27:06,040
how much was the I can't see the numbers but is this on the I guess I

1218
01:27:06,040 --> 01:27:09,440
could look at the actual slide if I have that on my end but yeah slide 14 but I

1219
01:27:09,440 --> 01:27:14,720
just I just zoomed in on it for you yeah so I mean what's the percentage of the

1220
01:27:14,720 --> 01:27:21,360
vote that the sandbox casted I'm just curious on what it was it was 100% yes

1221
01:27:21,360 --> 01:27:30,360
no what the what is just I don't know it doesn't show me a percentage you just

1222
01:27:30,360 --> 01:27:38,920
said 27 million so I'm not sure what that was on the screen there way more

1223
01:27:38,920 --> 01:27:45,920
fairly close but the yeah that's that's a good 80% of the weighted vote just

1224
01:27:45,920 --> 01:27:51,200
off what you can see there yeah I'm assuming that there's you know a mass

1225
01:27:51,200 --> 01:27:57,160
going down to to make the rest of that work but the only even if so I mentioned

1226
01:27:57,160 --> 01:28:02,460
on the map the lands have their weighted value if whale shark came in and voted

1227
01:28:02,460 --> 01:28:08,320
for that they would have about 3.5 million just on their land but still not

1228
01:28:08,320 --> 01:28:15,880
even close being you know as close to the sandbox so got it yeah okay so

1229
01:28:15,880 --> 01:28:19,600
then as long as sandbox stays out of the voting cycle the rest of us have a

1230
01:28:19,600 --> 01:28:25,560
chance yeah I mean it's it's it is like any this is an inherent problem with

1231
01:28:25,560 --> 01:28:32,440
dow's sort of that you have a few people with a lot of power it was always gonna

1232
01:28:32,440 --> 01:28:37,840
be like this this is something that I had to look into a lot back when people

1233
01:28:37,840 --> 01:28:42,200
were asking about the white paper and is sand viable to buy because in the

1234
01:28:42,200 --> 01:28:47,400
white paper it mentions that you know governance is an aspect of a reason why

1235
01:28:47,400 --> 01:28:51,800
you would want to buy sand and they were talking about the Dow all the way back

1236
01:28:51,800 --> 01:28:58,680
then August 2020 when we launched that in the yeah and back then there were a

1237
01:28:58,680 --> 01:29:05,440
few people a few wallets that already had like three million sand in them even

1238
01:29:05,440 --> 01:29:12,480
like free IP or whatever you know ICO and yeah people were concerned about

1239
01:29:12,480 --> 01:29:15,460
that like well this is disproportionate there's too much and just the one sand

1240
01:29:15,460 --> 01:29:22,520
wallet so I think that's that's the real tell it is it clearly frustrated some

1241
01:29:22,520 --> 01:29:25,640
people there were many people in the community who went what the hell

1242
01:29:25,640 --> 01:29:29,520
sandbox has already voted why are we even doing this I was one of them right

1243
01:29:29,520 --> 01:29:34,640
away yeah I mean rightfully so I guess it's a mathematical question at that

1244
01:29:34,640 --> 01:29:39,920
point what was even the point what and you know if we compare this to you

1245
01:29:39,920 --> 01:29:44,320
exactly it is a waste of time but also if you compare this to conventional

1246
01:29:44,320 --> 01:29:49,040
securities I touched on this a little bit before the live show yeah yeah

1247
01:29:49,040 --> 01:29:54,120
conventional securities if you go buy a stock yes you have some voting power in

1248
01:29:54,120 --> 01:30:00,880
proposals and this is very much running sort of similar to that where the

1249
01:30:00,880 --> 01:30:06,520
proposals are getting sort of curated and then anybody who has

1250
01:30:06,640 --> 01:30:14,040
share ownership of the Dow can then vote in that but at the moment if the

1251
01:30:14,040 --> 01:30:18,880
sandbox came through and the community didn't care then their weight would be

1252
01:30:18,880 --> 01:30:24,440
enough to easily do the 51% or whatever and in combination with their land

1253
01:30:24,440 --> 01:30:32,040
ownership the sand or the sandbox already has 1% to reach a quorum just

1254
01:30:32,040 --> 01:30:37,600
by clicking yes yeah something the bad side oh sorry go ahead did you see this

1255
01:30:37,600 --> 01:30:45,880
where Seb created a Dow a sub Dow and in the sub Dow it was a proposal to

1256
01:30:45,880 --> 01:30:56,400
delegate or to have the Dow direct where his vote would go sure which I thought

1257
01:30:56,400 --> 01:31:02,040
was fascinating yeah a fascinating concept that he has a

1258
01:31:02,040 --> 01:31:08,120
Dow in the Dow there's lots of that yeah right a Dow within the Dow yeah that

1259
01:31:08,120 --> 01:31:12,240
almost like mocha verse in some ways although maybe not quite the last few

1260
01:31:12,240 --> 01:31:17,840
steps for a coin all that but the Dow within the Dow would direct subs voting

1261
01:31:17,840 --> 01:31:24,840
power within the sandow sure what do you think of that okay yeah I don't know if

1262
01:31:24,840 --> 01:31:30,440
crafty you want to go first because I went first on the last one I mean my

1263
01:31:30,440 --> 01:31:34,960
thought on that I guess

1264
01:31:34,960 --> 01:31:44,440
dr. metaversa says he thought is great I don't I honestly like I don't see a good

1265
01:31:44,440 --> 01:31:53,920
or a bad from it okay to be honest like I just because maybe I'm just like numb

1266
01:31:53,920 --> 01:31:59,760
to it but like that's that's just Dow ing unfortunately like there's there are

1267
01:31:59,760 --> 01:32:05,360
going to be organizations of some sort and this is just one that's just one

1268
01:32:05,360 --> 01:32:10,800
example that are gonna come in and if they realize that if this is the key

1269
01:32:10,800 --> 01:32:15,720
factor I guess if they realize that they can come in and do stuff like extract

1270
01:32:15,720 --> 01:32:22,540
money for things they are going to buy up a lot of sand and collectively do

1271
01:32:22,540 --> 01:32:29,200
that and extract the money and walk away with it it I mean it's just I see it it

1272
01:32:29,200 --> 01:32:37,280
happens like this is I don't think that I wouldn't expect the people that hold

1273
01:32:37,280 --> 01:32:43,360
sub token to be malicious anyway anyway because I but I also don't know how

1274
01:32:43,360 --> 01:32:49,560
people are getting sub I don't either I tried to figure that one out but but

1275
01:32:49,560 --> 01:32:53,920
but yeah I know exactly how they get it they all seem to have about a million

1276
01:32:53,920 --> 01:33:01,960
how do they get it Joseph yeah yeah so were you a landowner yeah yeah you just

1277
01:33:01,960 --> 01:33:06,880
had to fill out a form that he put out on his social media posts fill this out

1278
01:33:06,880 --> 01:33:11,960
when I'll send you said I don't know a month ago two months ago a month I do

1279
01:33:11,960 --> 01:33:19,120
remember look at right now a random yeah about it yes it was that and are you an

1280
01:33:19,120 --> 01:33:25,240
avatar holder yeah claims there was a claim button could have clicked off of

1281
01:33:25,240 --> 01:33:29,040
his social media so it's really just literally engaging with Seb directly oh

1282
01:33:29,040 --> 01:33:34,680
gosh that allowed you to get Seb token now missed all that said how does that

1283
01:33:34,680 --> 01:33:43,140
impact or where's the value right good news is it's probably gonna be weighted

1284
01:33:43,140 --> 01:33:47,660
in land owners and weighted in avatar owners people who are vested in the

1285
01:33:47,660 --> 01:33:53,640
ecosystem bad news he also did some giveaways for hey um did you ever take a

1286
01:33:53,640 --> 01:33:59,680
selfie with me show me your selfie in this comment section and I'm gonna

1287
01:33:59,680 --> 01:34:06,880
air drop you said yeah and I went man this is stupid as hell but and I didn't

1288
01:34:06,880 --> 01:34:11,680
I didn't even submit my own because I went to go look and whatever I think I

1289
01:34:11,680 --> 01:34:15,520
know I've taken photos with him before but also I can't find where those photos

1290
01:34:15,520 --> 01:34:21,440
are and I was like I'm gonna go back to your point about people extracting value

1291
01:34:21,440 --> 01:34:26,480
out of an ecosystem actually when I saw that he was gonna make a

1292
01:34:26,480 --> 01:34:31,160
Seb token and saw the sort of the way he was doing it I got a bit frustrated

1293
01:34:31,160 --> 01:34:37,440
because I look at that this is nothing to do with the sandbox it's apparently

1294
01:34:37,440 --> 01:34:41,880
starting to but I looked at it is sort of like a grift you know what I mean

1295
01:34:41,880 --> 01:34:46,640
what's like rift what is that a drift is where you basically you take your

1296
01:34:46,640 --> 01:34:51,640
social clout to say give me money only because I'm cool you know what I mean

1297
01:34:51,640 --> 01:34:57,080
like people are gonna buy Seb token potentially on the maybe possible chance

1298
01:34:57,080 --> 01:35:05,360
that Seb token number go up and who's holding all of it Seb right and he has

1299
01:35:05,360 --> 01:35:12,320
all of the controlling ownership of it that's cool what he will do inevitably

1300
01:35:12,320 --> 01:35:20,720
is say now if you hold Seb token you have voting power over my voting power

1301
01:35:20,720 --> 01:35:24,920
in the sandbox game which will incentivize people to buy Seb token and

1302
01:35:24,920 --> 01:35:30,640
that would in turn turn to him saying we're going to fully decentralize Seb

1303
01:35:30,640 --> 01:35:36,280
token so you guys have all the power in saying what I want to do with my sandbox

1304
01:35:36,280 --> 01:35:41,280
shares and they will buy it all from him

1305
01:35:41,280 --> 01:35:45,920
and so he gets to make money out of thin air

1306
01:35:45,920 --> 01:35:51,600
for no reason because he could just listen to his community and vote

1307
01:35:51,600 --> 01:35:55,760
accordingly does that make sense and this that's a

1308
01:35:55,760 --> 01:36:00,600
very pessimistic way to look at it that's a very rude way to look at him

1309
01:36:00,600 --> 01:36:05,000
capitalizing on his social credit but that's really what this is in any of

1310
01:36:05,000 --> 01:36:07,960
these tokens as crafter mentioned this happens a lot in Dows people do it all

1311
01:36:07,960 --> 01:36:14,160
the time because when you think about why a token exists a token only exists

1312
01:36:14,160 --> 01:36:20,080
for its utility and the only utility for Seb is commanding Seb to vote a certain

1313
01:36:20,080 --> 01:36:29,400
way in the sandbox game got it which yeah so yeah okay anyway that's Seb token

1314
01:36:29,400 --> 01:36:36,080
and I would never make a Joe token I'll tell you that but that's me

1315
01:36:36,080 --> 01:36:39,960
all right fair I don't I mean I thought it was a great idea until you said that

1316
01:36:39,960 --> 01:36:44,200
he's not currently selling the Seb token and that's correct Dr. Metaverse so he's

1317
01:36:44,200 --> 01:36:49,480
not selling the Seb token to your knowledge you know what I mean does does

1318
01:36:49,480 --> 01:36:54,000
it get sold on DeFi later it's a question mark and the thing is I get

1319
01:36:54,000 --> 01:36:57,440
that he's not selling it it's not sold anywhere he made it very clear that it's

1320
01:36:57,440 --> 01:37:00,120
not for sale

1321
01:37:01,120 --> 01:37:09,680
is anyone at any point I wonder how his Dow works can somebody vote

1322
01:37:09,680 --> 01:37:15,920
setting up a liquidity pool and now it's a liquidity pool which they're almost

1323
01:37:15,920 --> 01:37:19,880
certainly already has been one created if I went and looked on wherever he

1324
01:37:19,880 --> 01:37:23,800
built it if it's built on poly then I go look on polygon scan for a liquidity

1325
01:37:23,800 --> 01:37:28,760
pool and it probably already exists and then it gets into that shifty territory

1326
01:37:28,760 --> 01:37:33,800
for me personally it is what it is I like it as a pure concept if it's pure

1327
01:37:33,800 --> 01:37:40,440
uncommercialized but that's not how decentralized finance works you know

1328
01:37:40,440 --> 01:37:44,280
then it's fine whatever if he's just giving away tokens to say it's voting

1329
01:37:44,280 --> 01:37:50,760
power then it's yeah but it's just one of those things where I feel like I see

1330
01:37:50,760 --> 01:37:54,920
writing on the wall though historically he has not shown any evidence as to why

1331
01:37:54,920 --> 01:38:00,920
that could be there I just don't like the concept in general yeah okay I I hope I

1332
01:38:00,920 --> 01:38:07,640
hope that I like to hope that it's just like a fun thing for him that he's just

1333
01:38:07,640 --> 01:38:12,800
trying to do but I do also see like there is the possibility for what what

1334
01:38:12,800 --> 01:38:17,480
you're explaining as well so hopefully and like like you said there isn't

1335
01:38:17,480 --> 01:38:21,160
really any anything out there that would like lead me to believe that he would be

1336
01:38:21,160 --> 01:38:27,560
doing something like that but it like also like you said that is a possibility

1337
01:38:27,560 --> 01:38:35,040
like yeah and and I I have been here long enough to know that not everyone is

1338
01:38:35,040 --> 01:38:42,680
who they seem to be on the front page where you see them so I'm and I'm not

1339
01:38:42,680 --> 01:38:50,880
saying that sub isn't who he is but you never know and yeah he's a great person

1340
01:38:50,880 --> 01:38:54,680
so far he's been great he's never done anything that would lead me to believe

1341
01:38:54,680 --> 01:38:59,080
that he would be shifty you know what I mean he was good it's just one of those

1342
01:38:59,080 --> 01:39:04,480
things that gives me the ick personally it's not about can it it's a can it

1343
01:39:04,480 --> 01:39:09,080
happen not a will it happen I don't believe it would happen but you know

1344
01:39:09,080 --> 01:39:14,400
should it have happened it should it have happened was my question when I

1345
01:39:14,400 --> 01:39:18,800
first saw it I was like like I probably would have been an AMA and been like

1346
01:39:18,800 --> 01:39:23,240
how should I vote like get in this word and tell me how to vote you know because

1347
01:39:23,240 --> 01:39:27,000
yeah you run the company that would have given me better like faith whatever it

1348
01:39:27,000 --> 01:39:32,160
is what it is so pivot to a different type of question we touched on it a

1349
01:39:32,160 --> 01:39:37,600
little bit but lessons should we learn from other dowels and in parentheses and

1350
01:39:37,600 --> 01:39:41,160
incorporate into us or avoid

1351
01:39:42,080 --> 01:39:47,520
I think real quick you have something that I'm gonna let crafter run it oh

1352
01:39:47,520 --> 01:39:52,440
yeah got wireless headset that second still here oh perfect perfect hopefully

1353
01:39:52,440 --> 01:40:03,680
your mic's off but yeah I would say I would say there's definitely lessons to

1354
01:40:03,680 --> 01:40:07,760
be learned and and the thing that also I would say is that I'm no expert in

1355
01:40:07,760 --> 01:40:12,200
dows by any means I've only I've just participated in a handful of them and

1356
01:40:12,200 --> 01:40:17,560
just more so spectated but also participated I did a little bit of both

1357
01:40:17,560 --> 01:40:23,080
with the ape coin Dow specifically I did submit an AIP and go through that

1358
01:40:23,080 --> 01:40:28,200
process just to kind of get familiar with what the heck a Dow even is and how

1359
01:40:28,200 --> 01:40:35,440
it works so that was a fun experiment that yeah actually was would have passed

1360
01:40:35,440 --> 01:40:43,280
if one if one whale didn't decide that he's too cool and likes to shit on

1361
01:40:43,280 --> 01:40:52,680
people but machi big brother but other than that experience like it's from

1362
01:40:52,680 --> 01:40:58,680
just like my perspective on dow's it just there's there's so much behind the

1363
01:40:58,680 --> 01:41:04,920
scenes that goes on that most people that are interacting with dow's don't

1364
01:41:04,920 --> 01:41:11,640
realize is happening and I think that that's probably something that just is

1365
01:41:11,640 --> 01:41:15,800
always gonna happen right like that's that's always happening in the world so

1366
01:41:15,800 --> 01:41:20,720
I think you just have to accept that and then figure out ways to combat some of

1367
01:41:20,720 --> 01:41:27,120
the the the negative things that could go on within within dow's and that's

1368
01:41:27,120 --> 01:41:32,800
like so that's my perspective and then from there it's like do I know or have

1369
01:41:32,800 --> 01:41:38,920
really any ideas on on ways to do that and implement things no but I do see

1370
01:41:38,920 --> 01:41:47,160
just from watching other dow's I do see interesting approaches and interesting

1371
01:41:47,160 --> 01:41:51,720
proposals that come through that I'm like huh like that's interesting like I

1372
01:41:51,720 --> 01:41:57,600
wonder I wonder if that could work and most of the time they get voted down

1373
01:41:57,600 --> 01:42:01,920
because they do have a potential to work and the whales don't like when there's

1374
01:42:01,920 --> 01:42:07,920
potential for their power to get taken away so they vote no so that's fine

1375
01:42:07,920 --> 01:42:12,160
that's yeah so like that's like the that's the that's the thing that I've

1376
01:42:12,160 --> 01:42:15,520
witnessed over and over and over again where it's like oh something good is

1377
01:42:15,520 --> 01:42:18,560
coming through that I think like it kind of makes sense that it could make this

1378
01:42:18,560 --> 01:42:24,680
doubt work better and then it just wait wait wait wait I got got small detour

1379
01:42:24,680 --> 01:42:29,960
who is a whale in the sandbox what like what is the definition of a whale in our

1380
01:42:29,960 --> 01:42:36,680
community that is a very good question I I honestly haven't really looked into

1381
01:42:36,680 --> 01:42:41,600
analytics on sandbox stuff in a long time how do you even determine that I

1382
01:42:41,600 --> 01:42:49,200
don't know I have no idea how that works basically if you just take the sandbox

1383
01:42:49,200 --> 01:42:52,720
and you throw that part out and you just think about what is a whale it's like a

1384
01:42:52,720 --> 01:42:59,440
thing of that part right it's only has a lot of assets yeah like someone with a

1385
01:42:59,440 --> 01:43:04,680
lot of the coin or a lot of the assets or whatever yeah I mean to specifically

1386
01:43:04,680 --> 01:43:10,320
name drop people is hard to do these these days because a real whale owns a

1387
01:43:10,320 --> 01:43:16,000
lot of sand token and not a lot of land but early on a whale would have enough

1388
01:43:16,000 --> 01:43:24,600
land to be dominant right when land was worth five ETH so it depends on the

1389
01:43:24,600 --> 01:43:28,120
direction of the cycle in the direction of the company to define what a whale

1390
01:43:28,120 --> 01:43:34,280
is but from a small perspective the community I think is generally gonna

1391
01:43:34,280 --> 01:43:39,880
say do you have ten twenty thousand dollars worth of sand or land your whale

1392
01:43:39,880 --> 01:43:44,920
because you are outside of the reasonable

1393
01:43:45,440 --> 01:43:54,760
onboarding group you are you were early and you're outside the norm right yeah

1394
01:43:54,760 --> 01:44:01,520
because if you look at the actually yeah especially if you look at the special

1395
01:44:01,520 --> 01:44:05,240
council the advisory board right and the regions that those people's teams come

1396
01:44:05,240 --> 01:44:11,000
from look at their daily or annualized earnings tell the sandboxes alternative

1397
01:44:11,000 --> 01:44:16,080
branch in Argentina people in Argentina can only make annually about forty

1398
01:44:16,080 --> 01:44:24,320
seven hundred bucks a year US dollar so if you're holding a year's salary for

1399
01:44:24,320 --> 01:44:29,800
them you're a whale right crazy they can't save that you know what I mean so

1400
01:44:29,800 --> 01:44:34,520
it's a fascinating point for those emerging countries you look at like

1401
01:44:34,520 --> 01:44:38,560
people who are playing in alpha season 1 2 & 3 a lot of those folks were from

1402
01:44:38,560 --> 01:44:42,280
like the Philippines or they're from India or whatever and they're looking at

1403
01:44:42,280 --> 01:44:47,760
I don't have to go to work because I can just play this game and it earns me more

1404
01:44:47,760 --> 01:44:52,680
than going to wherever you know who are playing axi infinity we're doing the

1405
01:44:52,680 --> 01:44:55,600
same thing they were quitting their job because they're making 300 US dollars a

1406
01:44:55,600 --> 01:45:00,520
day in a place where you can't make you know 10 grand a year why wouldn't you

1407
01:45:00,520 --> 01:45:07,040
screw it I don't have to go to work anymore right and but that creates

1408
01:45:07,040 --> 01:45:11,920
economies around these things like the reason why Southeast Asia has been

1409
01:45:11,920 --> 01:45:16,240
really good at embracing crypto is because this is literally life-changing

1410
01:45:16,240 --> 01:45:21,280
money for a lot of these countries so it's really easy to get a center for

1411
01:45:21,280 --> 01:45:25,400
economic development built around the sandbox game in Southeast Asia because

1412
01:45:25,400 --> 01:45:33,480
there's money to be made here and it's easier for the sandbox game to to pitch

1413
01:45:33,480 --> 01:45:38,920
that as well so let me wrap it all back Dr. Metaverse so said in the chat that

1414
01:45:38,920 --> 01:45:45,320
he one of the accounts that he was told by someone who owned 700 San was that he

1415
01:45:45,320 --> 01:45:49,640
can sit here she considered someone who owned more than 1 million San to be a

1416
01:45:49,640 --> 01:45:55,760
whale well I mean that it falls in that same category like a true whale in terms

1417
01:45:55,760 --> 01:45:59,960
of like governance voting power is someone who can drop a few million

1418
01:45:59,960 --> 01:46:05,880
points and like somebody who makes the needle move you know us at the council

1419
01:46:05,880 --> 01:46:10,560
when we vote we move the needle for depending on what stage of the vote it

1420
01:46:10,560 --> 01:46:17,620
was I think we only moved it like 0.1% just on one vote that was after the

1421
01:46:17,620 --> 01:46:22,480
sandbox had voted with their 27 mil or whatever and but we looked at that like

1422
01:46:22,480 --> 01:46:27,880
what do we really change when we make the vote gosh and but there would

1423
01:46:27,880 --> 01:46:31,040
definitely be people who would look at us to say we're whales because we've got

1424
01:46:31,040 --> 01:46:38,080
not lands but estates you know we've got a good portion of sand or we're able to

1425
01:46:38,080 --> 01:46:42,120
just on any given Sunday go buy your stuff in the marketplace because it

1426
01:46:42,120 --> 01:46:48,080
looks good you know huh it's it's a dynamic that you you know most of the

1427
01:46:48,080 --> 01:46:52,400
users well hell let me let me relate it another way most people who live in the

1428
01:46:52,400 --> 01:46:57,880
United States don't have $400 in their savings account if they had a $400

1429
01:46:57,880 --> 01:47:04,220
emergency today they couldn't afford it so if you have more than $400 in your

1430
01:47:04,220 --> 01:47:10,280
savings account you are a whale in the United States of America we're all way

1431
01:47:10,280 --> 01:47:15,800
well I shouldn't say we're all financial situations but yeah but it's it's just

1432
01:47:15,800 --> 01:47:19,840
one of those things where you know everything is that's a very sobering

1433
01:47:19,840 --> 01:47:29,440
thing yeah that then um um I mean I don't want to um I am nervous and afraid

1434
01:47:29,440 --> 01:47:37,840
of being sucked into that world I I've been in crypto for a little while

1435
01:47:37,840 --> 01:47:44,560
mm-hmm I got in sand when it was earlier yeah I don't consider myself a whale

1436
01:47:44,560 --> 01:47:53,640
but maybe that's something a whale would say I would agree I've ran in that same

1437
01:47:53,640 --> 01:47:59,880
situation you know I've lost more money than I can remember like you've heard it

1438
01:47:59,880 --> 01:48:03,840
if you've been watching shows that I've been on you've heard it but at the same

1439
01:48:03,840 --> 01:48:10,760
time I wouldn't consider myself a whale because realistically I don't make by a

1440
01:48:10,760 --> 01:48:14,760
traditional financial sense I don't make enough money to be middle class in the

1441
01:48:14,760 --> 01:48:19,280
US middle class I don't even know what they really define that as now but yeah

1442
01:48:19,280 --> 01:48:24,560
that's that's an elusive term now my regular salary we don't make enough to

1443
01:48:24,560 --> 01:48:30,160
get up into those middle tax brackets even you know what I mean yeah but for

1444
01:48:30,160 --> 01:48:35,720
holdings of crypto they're like I remember one day I was at the time I was

1445
01:48:35,720 --> 01:48:39,800
doing the sandbox live streams but I was also working at a local school and I was

1446
01:48:39,800 --> 01:48:45,240
like their after-school program coordinator right and I was like hey I

1447
01:48:45,240 --> 01:48:48,000
need to go take a lunch real quick I gotta be right back there's something

1448
01:48:48,000 --> 01:48:52,400
happening that I'm seeing on my computer I need to go fix it I go home click

1449
01:48:52,400 --> 01:48:56,480
click click I come back to work and she's like so what you have to do and I

1450
01:48:56,480 --> 01:49:02,200
was like nothing I just made like $25,000 and she goes what and I was

1451
01:49:02,200 --> 01:49:06,920
yeah yeah it was crazy look at this this is this is what I'm doing and like she

1452
01:49:06,920 --> 01:49:10,320
was like you gotta tell me all about crypto right now you know and it's one

1453
01:49:10,320 --> 01:49:18,560
of those things where you get lost easily but also you don't forget at least

1454
01:49:18,560 --> 01:49:24,440
from my perspective I don't forget like that when I lived a block away from

1455
01:49:24,440 --> 01:49:29,520
where I live right now like I come home and I have butter sandwiches you know

1456
01:49:29,520 --> 01:49:36,160
what I mean like we did not have money and we don't come from money and so I'm

1457
01:49:36,160 --> 01:49:42,760
still eating ramen every day and I'm doing the normal stuff but yeah anyway

1458
01:49:42,760 --> 01:49:48,320
we're so far off yeah well then that's important because crafter you know had

1459
01:49:48,320 --> 01:49:53,040
had an opinion about how the whales just come in and dump their voting power all

1460
01:49:53,040 --> 01:49:58,160
over the place and and I'm thinking well shit am I am I one of those am I

1461
01:49:58,160 --> 01:50:04,480
considered that where I would become a curse word just by virtue of of how I've

1462
01:50:04,480 --> 01:50:08,640
decided to invest and win I mean that that makes me sad because I don't feel

1463
01:50:08,640 --> 01:50:16,480
like I want like I don't feel like I want to I have some secret motive to

1464
01:50:16,480 --> 01:50:21,440
illuminati the way the power and all that and yeah and I don't know it's just

1465
01:50:21,440 --> 01:50:27,400
a weird place to be in the I guess give you some reassurance I think that the

1466
01:50:27,400 --> 01:50:39,280
the negative perspective on whales in the Dow culture at least that there's

1467
01:50:39,280 --> 01:50:43,360
whales out there like there's whales like we just described described like

1468
01:50:43,360 --> 01:50:47,480
you could maybe be considered a whale I don't I don't know what you have but but

1469
01:50:47,480 --> 01:50:53,000
like the and then there's like mega whales that that have in this scenario

1470
01:50:53,000 --> 01:50:57,440
the sandbox is like a mega whale in in the ape coin Dow there's like three

1471
01:50:57,440 --> 01:51:02,440
wallets that that can swing a vote yes or no if they all vote the same the same

1472
01:51:02,440 --> 01:51:06,840
or sometimes even opposite if there if one is not aligned with it but the other

1473
01:51:06,840 --> 01:51:11,160
two vote one way that that's what's happening in the vote no matter what I

1474
01:51:11,160 --> 01:51:15,920
don't know if that's the way it is now I haven't really kept tabs on that it

1475
01:51:15,920 --> 01:51:20,640
went down a while but that's how it was yeah so like that's that's like that's

1476
01:51:20,640 --> 01:51:26,840
where that's the negative whale aspect to dow's that when that happens where

1477
01:51:26,840 --> 01:51:32,360
it's like yeah exceedingly amount or I don't know that's not the right word but

1478
01:51:32,360 --> 01:51:38,080
a huge a huge amount of voting power where they if they coordinate they just

1479
01:51:38,080 --> 01:51:43,480
decide everything basically that's actually interesting because I so I own

1480
01:51:43,480 --> 01:51:47,200
mutant apes I didn't own any board apes but I owned a few mutant apes and I own

1481
01:51:47,200 --> 01:51:51,040
some of the other side and when a coin dropped I got a bunch of it right not a

1482
01:51:51,040 --> 01:51:55,920
ton of it but talk about my big brother you talk about Franklin yeah those

1483
01:51:55,920 --> 01:52:01,040
people have a disproportionate amount of it but that was disseminated based on

1484
01:52:01,040 --> 01:52:05,400
how many apes did you own and you got a certain weight right and the way that

1485
01:52:05,400 --> 01:52:10,440
the this is this is a little bit of a different monster right because sand

1486
01:52:10,440 --> 01:52:15,360
has been disseminated in a barely decentralized way but also it was bought

1487
01:52:15,360 --> 01:52:19,880
in a highly centralized way if that makes sense or it doesn't make sense

1488
01:52:19,880 --> 01:52:27,200
what do you mean okay so ape coin when it was given out you it just wasn't for

1489
01:52:27,200 --> 01:52:33,440
sale it was we're gonna make a Dow and you have voting power based on your

1490
01:52:33,440 --> 01:52:39,400
current investment in the board apioc club the mutant apioc club and the other

1491
01:52:39,400 --> 01:52:45,760
side and they had proportions and then after that was put up people were like

1492
01:52:45,760 --> 01:52:51,080
great I'm gonna get this much ape airdropped to me and it's worthless

1493
01:52:51,080 --> 01:52:59,920
except for the Dow and then they used the Dow to give value to ape sandbox

1494
01:52:59,920 --> 01:53:04,720
comes at it from the other direction of sand has value in the marketplace

1495
01:53:04,720 --> 01:53:11,280
already to purchase assets it has value to purchase lands and now that you have

1496
01:53:11,280 --> 01:53:14,960
sand because you purchased sand to be able to buy these other things or you

1497
01:53:14,960 --> 01:53:21,280
earned it during a play to earn mechanic now you have your ability to use it in

1498
01:53:21,280 --> 01:53:27,400
the Dow so the the good side is you probably don't have whales that have a

1499
01:53:27,400 --> 01:53:31,680
ton of voting power and you've seen that in these votes relative to the sandbox

1500
01:53:31,680 --> 01:53:37,920
the bad side is that you don't have people who are necessarily vested in

1501
01:53:37,920 --> 01:53:44,000
the future if you get into that whale situation right so what we can learn

1502
01:53:44,000 --> 01:53:51,080
that we avoid from what ape coin did is try not to have one person like machi or

1503
01:53:51,080 --> 01:53:57,520
Franklin be able to come in and say ubiquitously no we cannot do that

1504
01:53:57,520 --> 01:54:01,920
because they're not necessarily interested in the future

1505
01:54:01,920 --> 01:54:04,320
they're only interested in their wallet

1506
01:54:04,320 --> 01:54:08,320
got it I see

1507
01:54:08,320 --> 01:54:12,640
but not everyone has that foresight some people who have a bunch of ape were

1508
01:54:12,640 --> 01:54:16,720
literally just high and bought a shit ton of apes

1509
01:54:16,720 --> 01:54:20,000
and now they have all this power in their community

1510
01:54:20,000 --> 01:54:23,360
I don't think we have that in the sandbox but

1511
01:54:23,360 --> 01:54:26,720
the potential for that is sort of there as time goes along

1512
01:54:26,720 --> 01:54:31,040
got it we're not careful okay yeah that was just an interesting thing

1513
01:54:31,040 --> 01:54:34,960
that popped in my head that I wanted to get a little more

1514
01:54:34,960 --> 01:54:39,120
clarity on but Joseph go back to we were you were just about to talk about what

1515
01:54:39,120 --> 01:54:42,640
lessons we should learn from other Dows and you were up next

1516
01:54:42,640 --> 01:54:46,240
yeah sure so I think the thing that we need to learn

1517
01:54:46,240 --> 01:54:52,160
as as a community when we're voting is that you have to focus on the

1518
01:54:52,160 --> 01:54:56,480
fundamentals of what a business needs what this place

1519
01:54:56,480 --> 01:55:04,560
needs and then relate that to what you find to be acceptable as a voter

1520
01:55:04,560 --> 01:55:09,200
so I'll give you the current rundown of the sandbox because I happen to know it

1521
01:55:09,200 --> 01:55:12,880
and there's about 200 people who work there at peak it was 350

1522
01:55:12,880 --> 01:55:18,160
or thereabouts when I was working there that 350

1523
01:55:18,160 --> 01:55:23,120
person staff had enough they had enough money in their coffers

1524
01:55:23,120 --> 01:55:27,360
to pay for those people to work for about three years this is a year and a

1525
01:55:27,360 --> 01:55:31,920
half ago the only way that they can pay for those people

1526
01:55:31,920 --> 01:55:36,880
is actually listed in that white paper that you mentioned

1527
01:55:36,880 --> 01:55:40,160
and I found out that the last time I mentioned this on any type of podcast I

1528
01:55:40,160 --> 01:55:43,280
actually did the math a little wrong by rereading the white paper

1529
01:55:43,280 --> 01:55:50,640
and wrong in a bad way so if you go to the sand section of

1530
01:55:50,640 --> 01:55:54,240
the white paper I don't know if this is still true but I believe that it is

1531
01:55:54,240 --> 01:55:58,000
true sand has something they call the fee capture model

1532
01:55:58,000 --> 01:56:02,880
which is five percent of all transaction volume carried out in sand tokens

1533
01:56:02,880 --> 01:56:09,200
shall be allocated with 50 percent or 2.5 percent of the total allocated to

1534
01:56:09,200 --> 01:56:12,240
the staking pool as rewards for token holders that stake

1535
01:56:12,240 --> 01:56:16,880
sand tokens if you can't stake you can't do this in the United States

1536
01:56:16,880 --> 01:56:20,320
personal point of frustration and 50 percent to the

1537
01:56:20,320 --> 01:56:26,720
foundation the foundation is tsp limited it's the company of the

1538
01:56:26,720 --> 01:56:31,920
sandbox right so what does that mean if you're

1539
01:56:31,920 --> 01:56:35,920
hiring 200 people to work and they make forty thousand

1540
01:56:35,920 --> 01:56:39,680
dollars each a year maybe I'm shooting high but I think

1541
01:56:39,680 --> 01:56:42,400
this is true because they've got people all over the world some of them make

1542
01:56:42,400 --> 01:56:46,080
four thousand dollars a year some of them making a lot more if they

1543
01:56:46,080 --> 01:56:50,640
average 40k a year that means they need to make eight million dollars

1544
01:56:50,640 --> 01:56:54,800
right I have heard you say this before yes

1545
01:56:54,800 --> 01:56:58,000
now the first time that I said it I accounted that on that five percent

1546
01:56:58,000 --> 01:57:00,480
capture because I assumed the five percent

1547
01:57:00,480 --> 01:57:03,120
capture but if they still do the staking rewards program

1548
01:57:03,120 --> 01:57:07,120
and it's actually only 2.5 percent capture which means their volume of

1549
01:57:07,120 --> 01:57:10,160
trade that they need on the marketplace to continue to do exactly what they've

1550
01:57:10,160 --> 01:57:14,640
been doing so far is about 320 million dollars last time

1551
01:57:14,640 --> 01:57:18,560
I said it was 160 million because I didn't re-read the white paper

1552
01:57:18,560 --> 01:57:21,200
didn't like I said I didn't have a full understanding of their financial

1553
01:57:21,200 --> 01:57:24,080
situation maybe they got cash on hand maybe they

1554
01:57:24,080 --> 01:57:26,480
don't but let's assume they get to the end of

1555
01:57:26,480 --> 01:57:29,600
their cash on hand let's assume they get to the end of the

1556
01:57:29,600 --> 01:57:34,400
free sand train that means that I think the most important thing

1557
01:57:34,400 --> 01:57:37,680
that this community needs to do is make sure that the sandbox

1558
01:57:37,680 --> 01:57:42,000
can make eight million dollars so focus on things

1559
01:57:42,000 --> 01:57:45,600
that increase the volume of trade in the marketplace

1560
01:57:45,600 --> 01:57:49,600
and the way that they do that is to fix problems that

1561
01:57:49,600 --> 01:57:54,880
you're having right now lancer fix the catalyst issue that you're having

1562
01:57:54,880 --> 01:57:59,520
as a dev fix your ability to make a revenue

1563
01:57:59,520 --> 01:58:02,560
as a dev off of the games that you produce

1564
01:58:02,560 --> 01:58:06,400
and ways that we could do that is to allow for you

1565
01:58:06,400 --> 01:58:13,920
to have uh cd keys or access passes right that you can

1566
01:58:13,920 --> 01:58:19,440
mint in the not tens of thousands but in the millions

1567
01:58:19,440 --> 01:58:23,520
because millions of copies of call of duty are sold

1568
01:58:23,520 --> 01:58:26,560
let's pretend for a second that the sandbox game

1569
01:58:26,560 --> 01:58:30,880
is epic games they're selling millions of units

1570
01:58:30,880 --> 01:58:35,360
not 10 000 units stop pretending like it's a 10k pfp

1571
01:58:35,360 --> 01:58:39,360
right we need to do this correctly for game devs i think

1572
01:58:39,360 --> 01:58:46,000
then change eliminate catalyst change the minting system

1573
01:58:46,000 --> 01:58:51,360
matic and sand flat rate matic is a flexible rate because minting on

1574
01:58:51,360 --> 01:58:54,800
polygon sand is a flat rate that's revenue for

1575
01:58:54,800 --> 01:58:58,720
the sandbox they get a five percent capture on your

1576
01:58:58,720 --> 01:59:02,080
sale and resale on the marketplace but you want to mint any number of whatever

1577
01:59:02,080 --> 01:59:06,080
you want that's great now we change the catalyst system to

1578
01:59:06,080 --> 01:59:10,000
just four sliders

1579
01:59:10,080 --> 01:59:15,120
feed whatever 100 total points allocate it however you want on four sliders of

1580
01:59:15,120 --> 01:59:19,120
the same four stat we've eliminated catalysts you don't

1581
01:59:19,120 --> 01:59:22,480
need them you've got the gems mechanics still there

1582
01:59:22,480 --> 01:59:26,960
the stat sheet and it's not random i don't know if you've minted before i

1583
01:59:26,960 --> 01:59:29,760
know you have it pisses you off when you go to mint a

1584
01:59:29,760 --> 01:59:34,240
legendary and it's not 100 points

1585
01:59:35,280 --> 01:59:40,800
why would i do this now i put four in that motherfucker and i only get like 76

1586
01:59:40,800 --> 01:59:45,920
i'm like oh my god you know that people want speed you know

1587
01:59:45,920 --> 01:59:51,680
that people want power so you could just go power that's what

1588
01:59:51,680 --> 01:59:56,560
i'm selling i'm selling a power set you know what i mean like it would

1589
01:59:56,560 --> 01:59:59,920
be easier peep consumers will want to buy your stuff

1590
01:59:59,920 --> 02:00:03,520
if you know what the beat is on the street and as developers as a sandbox

1591
02:00:03,520 --> 02:00:07,360
how do they adjust for this uh if people find if people magically

1592
02:00:07,360 --> 02:00:12,560
realize that luck is too goddamn strong then the devs on the back end can go

1593
02:00:12,560 --> 02:00:18,320
we've adjusted the tunement for luck and it's now balanced and they put it on

1594
02:00:18,320 --> 02:00:22,320
the road map yeah right you put it on the road map it's

1595
02:00:22,320 --> 02:00:26,160
very easy buffing things and yeah and okay so now

1596
02:00:26,160 --> 02:00:29,360
now you've got the other side right because i want to avoid people being

1597
02:00:29,360 --> 02:00:36,320
pissed off so i put this in my sip existing mints are worth

1598
02:00:36,320 --> 02:00:42,960
120 percent of their natural stat line has it already been minted right so now

1599
02:00:42,960 --> 02:00:47,680
you're saying that only has 80 points is worth math 96

1600
02:00:47,680 --> 02:00:52,720
points of power it only had 80 points of power before

1601
02:00:52,720 --> 02:00:57,120
because we didn't want people who wasted their money on catalysts

1602
02:00:57,120 --> 02:01:01,440
i'm putting that in air quotes but i mean that so you have wasted their time

1603
02:01:01,440 --> 02:01:04,640
and money now minting early we want to reward the early

1604
02:01:04,640 --> 02:01:08,240
mentors that that's a fix all future mint that's a good

1605
02:01:08,240 --> 02:01:12,880
compromise i'd i'd back that yes so now you would what what would

1606
02:01:12,880 --> 02:01:15,280
that do that would increase the volume of trade of

1607
02:01:15,280 --> 02:01:18,000
assets on the marketplace because instead of getting

1608
02:01:18,000 --> 02:01:21,680
a bunch of bullshit this only got 77 points when you wanted 100 you've got

1609
02:01:21,680 --> 02:01:26,000
everything has 100 points of stat on one line or it's got 50 points on two

1610
02:01:26,000 --> 02:01:28,960
lines or it's got 33 points on three lines you know what i mean

1611
02:01:28,960 --> 02:01:34,240
well rounded gear or min max gear what does a player want it depends on

1612
02:01:34,240 --> 02:01:37,680
how they play and then you've got the ability for

1613
02:01:37,680 --> 02:01:43,120
devs to be financially incentivized to come and make a game they're betting on

1614
02:01:43,120 --> 02:01:46,240
themselves because they minted their access passes

1615
02:01:46,240 --> 02:01:49,120
to a certain number they know if they sell all the access

1616
02:01:49,120 --> 02:01:52,560
passes they get a certain amount of money and devs would be incentivized to

1617
02:01:52,560 --> 02:01:54,960
not just publish on the sandbox game but market

1618
02:01:54,960 --> 02:01:59,760
that you should come buy your shit over here on the sandbox game so devs start

1619
02:01:59,760 --> 02:02:03,600
marketing to get people to buy their stuff and

1620
02:02:03,600 --> 02:02:08,080
real development teams see this now let's compare it with the other

1621
02:02:08,080 --> 02:02:10,240
platforms i want to publish on google play

1622
02:02:10,240 --> 02:02:16,400
well google play has taken a 30 overhead apple 30 overhead epic games takes a 20

1623
02:02:16,400 --> 02:02:20,400
overhead i think and steam is taking a 30 overhead

1624
02:02:20,400 --> 02:02:26,000
roblox the sandbox is taking five percent the sandbox is taking five

1625
02:02:26,000 --> 02:02:29,280
percent and if you sell out all your access

1626
02:02:29,280 --> 02:02:33,200
passes when they resell to someone else your

1627
02:02:33,200 --> 02:02:37,920
developer can get another five percent forever

1628
02:02:37,920 --> 02:02:41,680
constantly funding updates to their game yeah

1629
02:02:41,680 --> 02:02:47,280
it's a great thing in theory not that hard why is this not the standard

1630
02:02:47,280 --> 02:02:50,400
practice i think this is what the dow can do this is

1631
02:02:50,400 --> 02:02:54,960
what lessons should be learned from other dows because we watch people

1632
02:02:54,960 --> 02:02:58,960
dump money away we've watched people put piss poor

1633
02:02:58,960 --> 02:03:02,320
planning into i mean you probably know that

1634
02:03:02,320 --> 02:03:09,200
expression military guy yeah yeah the it's just

1635
02:03:09,200 --> 02:03:12,480
you know we can do it correctly the question is

1636
02:03:12,480 --> 02:03:16,640
will it be done correctly and i think that one of the more important lessons

1637
02:03:16,640 --> 02:03:22,880
that we have to have if i'm a special council member

1638
02:03:22,880 --> 02:03:27,360
is to not get so caught up in your own great ideas

1639
02:03:27,360 --> 02:03:31,120
as to ignore the community right because that's what's going to be the big

1640
02:03:31,120 --> 02:03:37,280
more of these issue with the sandbox yeah cool

1641
02:03:37,280 --> 02:03:43,840
and that concludes his ted talk yeah slash his uh his nomination

1642
02:03:43,840 --> 02:03:47,200
for the special council so you would run if if that were to

1643
02:03:47,200 --> 02:03:54,320
what i want yeah sure why not you know but i i would only

1644
02:03:54,320 --> 02:03:57,760
i think i would find that to be quite interesting um

1645
02:03:57,760 --> 02:04:05,600
go on well i've had uh i have i had a history

1646
02:04:05,600 --> 02:04:12,240
a history yeah so i worked there yeah i've worked for the sandbox um currently

1647
02:04:12,240 --> 02:04:18,400
i do live stream right and um

1648
02:04:18,400 --> 02:04:22,080
i'm going to continue to do the good and professional thing right

1649
02:04:22,080 --> 02:04:25,680
especially when i'm on the official sandbox live stream i'm going to continue

1650
02:04:25,680 --> 02:04:28,960
to represent the company well um i don't work there i don't have a

1651
02:04:28,960 --> 02:04:33,440
current contract with them um however i am still an ambassador i was

1652
02:04:33,440 --> 02:04:36,480
previously the lead ambassador in charge of all those people

1653
02:04:36,480 --> 02:04:44,160
um but big deal 2021

1654
02:04:44,160 --> 02:04:48,400
um i got tired of getting yelled at on live streams

1655
02:04:48,400 --> 02:04:53,120
and just said hey can you please like actually

1656
02:04:53,120 --> 02:04:58,240
communicate as you mentioned yeah because i'm the face i'm literally the

1657
02:04:58,240 --> 02:05:02,880
face of the sandbox at that time the most frequently on their official

1658
02:05:02,880 --> 02:05:08,560
twitch and whatever um i had had previous experiences during land sales

1659
02:05:08,560 --> 02:05:11,520
where there's literally 1200 people on a live stream

1660
02:05:11,520 --> 02:05:15,440
as the number yelling at me because the website doesn't work

1661
02:05:15,440 --> 02:05:20,720
and they can't buy land and so much so i remember those days

1662
02:05:20,720 --> 02:05:25,760
desperately to get to me so i was trying to get into the live stream

1663
02:05:25,760 --> 02:05:33,120
and so anyway that history leads to me going fix this shit

1664
02:05:33,120 --> 02:05:36,720
in closed forums you know what i mean because i'm not going to go out

1665
02:05:36,720 --> 02:05:41,600
publicly and be like this isn't working i'm going to present solutions to the

1666
02:05:41,600 --> 02:05:47,040
community and prove that we were doing the work right and

1667
02:05:47,040 --> 02:05:50,480
at the same time you know confidentially speaking

1668
02:05:50,480 --> 02:05:55,600
i'm there uh getting yelled at by all these people

1669
02:05:55,600 --> 02:06:00,960
while i'm on slack going how the fuck did you do this wrong it

1670
02:06:00,960 --> 02:06:06,560
worked last week like did you know yeah so

1671
02:06:06,560 --> 02:06:10,400
things that happen behind closed doors here's where the if i'm if i'm on the

1672
02:06:10,400 --> 02:06:14,080
special council this is the good and the bad thing

1673
02:06:14,080 --> 02:06:17,360
because if i'm on the special council representing the dow i would be saying

1674
02:06:17,360 --> 02:06:20,720
to them who are currently working there including

1675
02:06:20,720 --> 02:06:25,280
seb here's the community's problem here's the

1676
02:06:25,280 --> 02:06:30,720
timeline that we have to fix it fix this shit you know and like that's

1677
02:06:30,720 --> 02:06:35,120
good as a community member but that's bad that's friction on the

1678
02:06:35,120 --> 02:06:41,120
other side i ran into the same problem uh later the last time before the gma

1679
02:06:41,120 --> 02:06:43,680
issue was cancelled off the official channel

1680
02:06:43,680 --> 02:06:47,520
um because i was doing it you know five days a week and whatever

1681
02:06:47,520 --> 02:06:52,400
and there was a new ceo in the us who is currently not the us ceo but it

1682
02:06:52,400 --> 02:06:55,440
didn't matter he'd been there maybe three months and he said

1683
02:06:55,440 --> 02:07:00,480
we have a meeting and it's the fourth thursday in november

1684
02:07:00,480 --> 02:07:03,360
it's a company-wide meeting y'all live in the united states you know what i'm

1685
02:07:03,360 --> 02:07:09,760
saying here that's thanksgiving and i was like i've

1686
02:07:09,760 --> 02:07:14,640
invited to my brand new home uh 27 members of my

1687
02:07:14,640 --> 02:07:19,360
extended family because i just moved in in august

1688
02:07:19,360 --> 02:07:23,280
i've spent four thousand dollars on food and furniture to facilitate these

1689
02:07:23,280 --> 02:07:26,480
people to show up i'm not going to be there for that

1690
02:07:26,480 --> 02:07:33,680
meeting and their reply was interesting in a very public slack channel with

1691
02:07:33,680 --> 02:07:39,040
lots of people in it and then it's interesting that you should

1692
02:07:39,040 --> 02:07:42,080
and you should do a meeting at that time boss

1693
02:07:42,080 --> 02:07:45,840
right right i saw it as somebody who works in the us they understand and i

1694
02:07:45,840 --> 02:07:47,840
was like it's thanksgiving i can't be there right

1695
02:07:47,840 --> 02:07:51,680
ultimately the meeting gets moved because the people in france are more

1696
02:07:51,680 --> 02:07:56,480
rational right than the us work expectation which is show up when i tell

1697
02:07:56,480 --> 02:07:59,920
you to show up you know what i mean and i've never really been that culture

1698
02:07:59,920 --> 02:08:04,160
like i've hired a thousand people over various jobs that i have been

1699
02:08:04,160 --> 02:08:06,880
management i've never been that person i will give

1700
02:08:06,880 --> 02:08:10,160
exemptions to you for your personal or religious needs or

1701
02:08:10,160 --> 02:08:12,960
whatever as long as business can continue to operate and there was nothing

1702
02:08:12,960 --> 02:08:15,040
we were going to do in that meeting that was so critical

1703
02:08:15,040 --> 02:08:18,800
the business was not going to continue to operate yeah

1704
02:08:18,800 --> 02:08:22,000
ultimately the meeting gets moved but a couple of weeks later they go hey we're

1705
02:08:22,000 --> 02:08:25,280
terminating your stuff i said why and they said budget

1706
02:08:25,280 --> 02:08:29,840
cuts i said okay but what about budget cuts made me eligible

1707
02:08:29,840 --> 02:08:33,280
for the termination specifically like what did i do differently than the

1708
02:08:33,280 --> 02:08:39,120
other folks who are in these positions and the reply was budget cuts

1709
02:08:39,120 --> 02:08:43,120
and i was like oh okay that's going to be this conversation great got it

1710
02:08:43,120 --> 02:08:49,920
have a nice day right so anyway uh i think there's there's there's

1711
02:08:49,920 --> 02:08:54,320
some friction i would love to be a representative for these people

1712
02:08:54,320 --> 02:08:58,640
because all of that being said i would you know i came back

1713
02:08:58,640 --> 02:09:02,080
we're doing the gmae show for the community still

1714
02:09:02,080 --> 02:09:05,120
i'm doing it on a personal channel i'm doing it on the official channel at

1715
02:09:05,120 --> 02:09:08,720
least once per game jam still doing it in a very highly

1716
02:09:08,720 --> 02:09:10,640
professional way we're taking care of people

1717
02:09:10,640 --> 02:09:15,520
because it's about people um and that's that's my thing i would love

1718
02:09:15,520 --> 02:09:19,040
the special counsel to continue to be about the people and about the future of

1719
02:09:19,040 --> 02:09:22,960
the platform so and what i do it yeah sure

1720
02:09:22,960 --> 02:09:29,840
anyway crafter would you special counsel probably not no um

1721
02:09:29,840 --> 02:09:36,480
i think all that power i i just don't i don't think that i uh

1722
02:09:36,480 --> 02:09:42,720
i don't know maybe i just don't think i think there's more more um

1723
02:09:42,720 --> 02:09:45,680
more people that i would like i mean i would love to see joseph there

1724
02:09:45,680 --> 02:09:49,520
uh to like go over me um i would love to

1725
02:09:49,520 --> 02:09:55,440
advise and and help be like a voice for the community and stuff absolutely but

1726
02:09:55,440 --> 02:10:01,680
um i just don't i personally one i don't i don't feel motivated to be a special

1727
02:10:01,680 --> 02:10:04,240
council member so like that's probably not a good start

1728
02:10:04,240 --> 02:10:11,040
um and but but advising and and and helping guide guide the dow absolutely

1729
02:10:11,040 --> 02:10:17,200
um it's just i i don't even know but as i'm like saying this like i don't

1730
02:10:17,200 --> 02:10:21,360
even know what the special counsel is in charge of and what they do so maybe i

1731
02:10:21,360 --> 02:10:25,760
maybe i would be qualified for i don't know i don't know like i don't think any

1732
02:10:25,760 --> 02:10:29,840
of us really know what the special counsel's duties are specifically right

1733
02:10:29,840 --> 02:10:32,640
now so they're they're mostly in charge of thumbs

1734
02:10:32,640 --> 02:10:36,880
up thumbs downing uh proposals on redundancy legality right

1735
02:10:36,880 --> 02:10:42,400
before they went to community vote they they get a special council vote

1736
02:10:42,400 --> 02:10:47,760
yeah yeah i would i would i intend to throw my name in the hat

1737
02:10:47,760 --> 02:10:54,560
i i feel like this is what i've been building my life toward gaming business

1738
02:10:54,560 --> 02:10:58,240
like all all of my experiences have led me to

1739
02:10:58,240 --> 02:11:04,000
something like this and i'm i feel ready i feel motivated i want to i want to see

1740
02:11:04,000 --> 02:11:07,040
this dow i want to see this community succeed

1741
02:11:07,040 --> 02:11:10,880
and we've i've seen it up and i've seen it down

1742
02:11:10,880 --> 02:11:14,480
and yeah i want to be part of the solution

1743
02:11:14,480 --> 02:11:19,200
i feel like i feel like that that sentiment is

1744
02:11:19,200 --> 02:11:25,920
the vast majority of at least the active san fam community um and that's

1745
02:11:25,920 --> 02:11:31,360
that's what that's what keeps me coming back to the sandbox stuff like the if

1746
02:11:31,360 --> 02:11:35,520
if that weren't the case i don't know i doubt i would be here but like with the

1747
02:11:35,520 --> 02:11:38,560
the community and everyone's hopes and and

1748
02:11:38,560 --> 02:11:42,880
uh vision for where things can go it it feels

1749
02:11:42,880 --> 02:11:46,640
it it continues to feel like there is that possibility

1750
02:11:46,640 --> 02:11:49,760
yeah it is it is happening it's just slow

1751
02:11:49,760 --> 02:11:55,440
um and without that i don't i think i mean i guess without without that would

1752
02:11:55,440 --> 02:12:00,320
there even be a sandbox probably not like what i don't know yeah i see all the

1753
02:12:00,320 --> 02:12:04,480
ingredients just how do we put it together so we

1754
02:12:04,480 --> 02:12:10,000
can beat the pants off roblox right

1755
02:12:10,080 --> 02:12:13,840
all right um how should we approach dow management and leadership

1756
02:12:13,840 --> 02:12:19,120
crafter what are your thoughts on how should we and you can use this as a as a

1757
02:12:19,120 --> 02:12:23,600
community as an individual what what do you think that approach

1758
02:12:23,600 --> 02:12:28,880
should look like i mean

1759
02:12:30,400 --> 02:12:36,560
i really just think that all of the things that are happening inside the

1760
02:12:36,560 --> 02:12:43,360
dow need to be up for votes um so i think that as soon as

1761
02:12:43,360 --> 02:12:49,360
things are in order things should be voted on i don't i don't think

1762
02:12:49,360 --> 02:12:56,320
i don't and i guess i i don't have like a an idea of what i expect the timeline

1763
02:12:56,320 --> 02:13:00,080
to be but if the timeline is less than this

1764
02:13:00,080 --> 02:13:05,040
year and a half or whatever that everyone's in their in their positions i

1765
02:13:05,040 --> 02:13:08,400
if things are up and running and it seems like

1766
02:13:08,400 --> 02:13:11,440
the community would be involved in a vote to

1767
02:13:11,440 --> 02:13:15,280
to get people into places that um that they

1768
02:13:15,280 --> 02:13:18,640
they deem these people should be in charge of

1769
02:13:18,640 --> 02:13:23,360
then i think we should have a vote on that and like that's how it down works

1770
02:13:23,360 --> 02:13:28,560
and do you that so that's what you think the next step should be i'll just roll

1771
02:13:28,560 --> 02:13:34,320
i'll combine seven and eight together so you think your net next step should be

1772
02:13:34,320 --> 02:13:42,560
to vote in more people um possibly i uh i think more clarity would

1773
02:13:42,560 --> 02:13:46,160
would be great around and maybe there is more clarity out there and i just

1774
02:13:46,160 --> 02:13:50,160
haven't done good enough research on it but i have listened to a lot

1775
02:13:50,160 --> 02:13:53,440
of conversation around this but like more clarity on

1776
02:13:53,440 --> 02:13:57,440
the positions that are already in place would be a good first step and then

1777
02:13:57,440 --> 02:14:01,360
and then from there next steps i think would be

1778
02:14:01,360 --> 02:14:07,360
um coming up with a team that is going to be

1779
02:14:07,360 --> 02:14:11,440
full-time focused on this dow and making making this dow happen and yeah

1780
02:14:11,440 --> 02:14:15,440
making it happen happen right uh because i feel like that's

1781
02:14:15,440 --> 02:14:19,120
the only way that it's really going to happen and get done right is if we have

1782
02:14:19,120 --> 02:14:22,160
people that are 100 focused on it and making

1783
02:14:22,160 --> 02:14:25,680
making it into what it needs to be otherwise

1784
02:14:25,680 --> 02:14:28,880
who knows what it's going to turn into at least if we have if we have a

1785
02:14:28,880 --> 02:14:32,400
roadmap in place and a vision on where we're trying to drive

1786
02:14:32,400 --> 02:14:36,320
things and and we we use the voting process to get there

1787
02:14:36,320 --> 02:14:39,600
um i think we'll we'll be good but we need

1788
02:14:39,600 --> 02:14:43,200
we need people in places to to support that effort

1789
02:14:43,200 --> 02:14:46,480
otherwise it's going to be discombobulated and

1790
02:14:46,480 --> 02:14:50,640
nice and it's just going to be all over the area that turn in a while man

1791
02:14:50,640 --> 02:14:55,200
that's that's good one that's a good one i don't know where that came from it's

1792
02:14:55,200 --> 02:14:58,640
in here deep but it came up so there you go

1793
02:14:58,640 --> 02:15:04,000
cool man cool yeah joseph what do you think yeah

1794
02:15:04,000 --> 02:15:07,680
okay so i'm going to take him as two different chunks dow management

1795
02:15:07,680 --> 02:15:14,960
okay dow management first is uh let's assume this is about the dow

1796
02:15:14,960 --> 02:15:19,440
itself uh the pitch the proposal they have from sip one

1797
02:15:19,440 --> 02:15:25,360
through three doesn't cover the dow existing past

1798
02:15:25,360 --> 02:15:30,560
december of 2025 if you are to have people running this

1799
02:15:30,560 --> 02:15:35,120
program then the dow needs to have the ability to

1800
02:15:35,120 --> 02:15:38,800
make money right now it's been given money by the

1801
02:15:38,800 --> 02:15:44,320
sandbox the 15.5 million sand it needs to

1802
02:15:44,320 --> 02:15:50,400
have a dedicated revenue stream somehow how does that possibly happen it could

1803
02:15:50,400 --> 02:15:54,400
happen by the sandbox committing a percentage of

1804
02:15:54,400 --> 02:16:00,720
its sea capture model to the dow to pay it financing from

1805
02:16:00,720 --> 02:16:04,320
you know one hand into the other essentially or

1806
02:16:04,320 --> 02:16:07,760
the dow itself needs to have a proposal that says

1807
02:16:07,760 --> 02:16:14,880
that you know when people vote they disseminate i don't know

1808
02:16:14,880 --> 02:16:21,280
0.01 sand goes to the dow per vote or something you know just

1809
02:16:21,280 --> 02:16:25,600
dow top up fun yeah whatever it is there needs

1810
02:16:25,600 --> 02:16:32,720
something so someone needs a dow tip that continues to finance it because

1811
02:16:32,720 --> 02:16:39,840
now um in terms of leadership people probably won't want to pay for

1812
02:16:39,840 --> 02:16:44,000
dow management if the managers don't appear to be doing

1813
02:16:44,000 --> 02:16:49,360
anything right so when you look at the leaders

1814
02:16:49,360 --> 02:16:53,920
the leaders have to prove it not just tell me what you can do

1815
02:16:53,920 --> 02:16:57,840
but tell me what you will do and what you have done

1816
02:16:57,840 --> 02:17:01,840
i'm not just talking about a roadmap which is important a roadmap would be

1817
02:17:01,840 --> 02:17:05,440
that that's it template metrics for success

1818
02:17:05,440 --> 02:17:12,960
yes if you don't have metrics that i can track and metrics that you can prove

1819
02:17:12,960 --> 02:17:17,920
then where are we going you know yeah what are we doing what are we doing

1820
02:17:17,920 --> 02:17:23,280
here guys yeah so the community's not gonna pay

1821
02:17:23,280 --> 02:17:30,160
40 grand to yatsu next year if this year yatt doesn't prove yatt did

1822
02:17:30,160 --> 02:17:36,000
forty thousand dollars worth of work and the interesting thing about if

1823
02:17:36,000 --> 02:17:42,800
as somebody who lives in the u.s 40k okay that's not bad i guess it's more

1824
02:17:42,800 --> 02:17:46,240
as an individual earner i think that's that's like

1825
02:17:46,240 --> 02:17:50,000
sixteen thousand dollars less than the median in the u.s

1826
02:17:50,000 --> 02:17:54,640
right but obviously somebody in argentina who might have voting power

1827
02:17:54,640 --> 02:17:57,920
would go damn you make way too much money

1828
02:17:57,920 --> 02:18:01,360
like why should i vote yes to this right so it'll be

1829
02:18:01,360 --> 02:18:05,600
it'll be interesting to see if we do get financing for the dow

1830
02:18:05,600 --> 02:18:08,960
what does the community find to be acceptable

1831
02:18:08,960 --> 02:18:15,600
financing for these people to run it um so that's something that that we have

1832
02:18:15,600 --> 02:18:21,200
to consider we have to approach we have to work through one thing that i've

1833
02:18:21,200 --> 02:18:28,320
that i've noticed in previous dows is that when these re-election periods

1834
02:18:28,320 --> 02:18:33,680
come up that's when the entire like community of whatever

1835
02:18:33,680 --> 02:18:37,280
that now is for shows up and that's always the

1836
02:18:37,280 --> 02:18:42,560
conversation is how much are they making what are they doing why are we paying

1837
02:18:42,560 --> 02:18:47,280
them that much like it's that that is the focus of of

1838
02:18:47,280 --> 02:18:51,680
these election periods and um i don't i don't know how you get

1839
02:18:51,680 --> 02:18:56,080
around it i guess but like other than having people that are actually

1840
02:18:56,080 --> 02:18:58,720
like setting a standard and showing like what

1841
02:18:58,720 --> 02:19:02,000
what what a special council member does to

1842
02:19:02,000 --> 02:19:05,600
to help the dow what a an advisor does to help

1843
02:19:05,600 --> 02:19:10,240
the dow like if there's good if there's good role models

1844
02:19:10,240 --> 02:19:16,000
that are ahead of this vote um then i think you then you can like look at the

1845
02:19:16,000 --> 02:19:18,880
candidates and be like oh yeah i could see this person

1846
02:19:18,880 --> 02:19:22,480
doing similar similar stuff to to that person

1847
02:19:22,480 --> 02:19:26,000
um but i think maybe where all that friction comes from a lot of times is

1848
02:19:26,000 --> 02:19:29,040
that either it hasn't been transparent and

1849
02:19:29,040 --> 02:19:31,600
people don't know what these people have been doing

1850
02:19:31,600 --> 02:19:34,480
or they just haven't been doing anything and that's when

1851
02:19:34,480 --> 02:19:38,240
the people that start showing up start being like

1852
02:19:38,240 --> 02:19:43,040
angry about the the the budget basically of what's going to these people

1853
02:19:43,040 --> 02:19:47,440
yeah yeah i'll tell you what though when nominations come around

1854
02:19:47,440 --> 02:19:52,640
i'm doing a podcast and i'm gonna like my slides i'm gonna start listing off

1855
02:19:52,640 --> 02:19:56,560
here's what i'm going for here's my intent here's my platform you vote for

1856
02:19:56,560 --> 02:20:01,680
me this is what i expect to be doing and then i'm gonna you know i don't know i

1857
02:20:01,680 --> 02:20:05,120
like visuals i think they help they help me at least

1858
02:20:05,120 --> 02:20:08,640
like this is my plan this is what i'm gonna put down on paper so i can hit

1859
02:20:08,640 --> 02:20:11,280
milestones and here's how i know i'm 16 here's how i

1860
02:20:11,280 --> 02:20:16,720
know i'm failing that's that's how i do it sure for me

1861
02:20:16,720 --> 02:20:20,320
good times all right joseph what do you think are the next steps

1862
02:20:20,320 --> 02:20:24,960
what should i write down as your yeah definitely the next steps are

1863
02:20:24,960 --> 02:20:33,200
um make sure that it exists after 2025 uh because it doesn't right now

1864
02:20:33,200 --> 02:20:40,400
and um kpis um numbers accountability show me don't tell me show me what

1865
02:20:40,400 --> 02:20:48,000
key performance indicators yeah cool so that's that's it

1866
02:20:48,000 --> 02:20:56,080
yep uh i'm about kpis i'm a big fan of establish

1867
02:20:56,080 --> 02:20:59,840
metrics so it really for me would be a roadmap

1868
02:20:59,840 --> 02:21:03,920
uh i think i can derive kpis out of a roadmap

1869
02:21:03,920 --> 02:21:09,600
or or some sort of intent statement um when i when i look at milestones for a

1870
02:21:09,600 --> 02:21:13,680
program that tells me what the intent is and what they're what they're moving

1871
02:21:13,680 --> 02:21:18,160
toward so it would be establish

1872
02:21:18,160 --> 02:21:24,400
milestones uh for dow and that's from the leadership so we

1873
02:21:24,400 --> 02:21:30,560
the leadership was elected let's say yeah that's that's fair phrase elected

1874
02:21:30,560 --> 02:21:38,080
via sip and so so what so what now what is their what is their plan of action

1875
02:21:38,080 --> 02:21:44,880
and and then the second thing is communication i mean as far as if i were

1876
02:21:44,880 --> 02:21:48,800
in their role right now i would be doing something similar to what we're doing

1877
02:21:48,800 --> 02:21:54,480
but with the board like hey maybe every board meeting needs to be a live stream

1878
02:21:54,480 --> 02:21:59,600
and you can you can manage that however you'd like to shut off

1879
02:21:59,600 --> 02:22:02,960
you know make chat really specific or whatever

1880
02:22:02,960 --> 02:22:09,280
um but i would be i would have the slides as part of our agenda like that's

1881
02:22:09,280 --> 02:22:12,080
what we would do and some other things have been a part of

1882
02:22:12,080 --> 02:22:16,400
is the agenda would be slides the discussion would be like it is now where

1883
02:22:16,400 --> 02:22:20,800
we go through the points we go through what we want i mean

1884
02:22:20,800 --> 02:22:26,800
some things will be closed door got it but not all of it not even most of it in

1885
02:22:26,800 --> 02:22:30,640
my opinion and in my experience in running programs

1886
02:22:30,640 --> 02:22:36,400
so there's a lot of benefit from you know i can see icebergs and we can

1887
02:22:36,400 --> 02:22:41,040
advise them of icebergs while we're watching like if if something

1888
02:22:41,040 --> 02:22:46,080
what was that video of um elon musk when he was at the at the shuttle launch

1889
02:22:46,080 --> 02:22:48,400
place and he was given an interview something

1890
02:22:48,400 --> 02:22:52,640
about thrusters or whatever and he goes well blah blah blah and then

1891
02:22:52,640 --> 02:22:55,200
we we saw the problem of thrusters and then the dude

1892
02:22:55,200 --> 02:22:58,480
who was giving uh it was video team was like well that's only for

1893
02:22:58,480 --> 02:23:02,080
that's only for like the left engine right and then

1894
02:23:02,080 --> 02:23:05,600
elon was like you know now that you mentioned it

1895
02:23:05,600 --> 02:23:09,680
mention it um that's something we got to fix and like live

1896
02:23:09,680 --> 02:23:13,600
live saved a shuttle from exploding because

1897
02:23:13,600 --> 02:23:17,200
the dude gave like feedback that i like that

1898
02:23:17,200 --> 02:23:20,640
that's cool to me that's there's a lot of power like i've been watching doctor

1899
02:23:20,640 --> 02:23:25,840
minniverso and all that it's smart to you know have minutes i

1900
02:23:25,840 --> 02:23:29,280
think like if you look at it like a city council meeting that's basically that

1901
02:23:29,280 --> 02:23:32,320
there's no reason that can't be public those are public this can be public

1902
02:23:32,320 --> 02:23:36,320
you know i mean it's very like it's decentralized right

1903
02:23:36,320 --> 02:23:39,840
like that's what we're going for but the but then

1904
02:23:39,840 --> 02:23:42,880
some of the stuff is behind closed doors that no one that is in

1905
02:23:42,880 --> 02:23:49,040
that is part of the decentralized force yeah yeah yeah i mean some people may be

1906
02:23:49,040 --> 02:23:52,800
really shy and i and i get that so it's kind of like a weight balancing

1907
02:23:52,800 --> 02:23:56,240
the wrong role you know what i mean well you can be a really good

1908
02:23:56,240 --> 02:23:59,760
administrator city council nobody goes up for city council that's

1909
02:23:59,760 --> 02:24:04,160
like super shy you know there there are people and they go

1910
02:24:04,160 --> 02:24:08,000
okay well i got to get used to sitting here and ultimately it's still going to

1911
02:24:08,000 --> 02:24:11,280
be like the seven same seven people in the room or whatever

1912
02:24:11,280 --> 02:24:14,000
you know the same people watching the same live streams

1913
02:24:14,000 --> 02:24:17,360
the same voices they're expressing the same concerns but

1914
02:24:17,360 --> 02:24:20,720
you can leave the chat up and completely ignore chat like they just

1915
02:24:20,720 --> 02:24:24,640
if they did it i really like this idea that you mentioned to make it public

1916
02:24:24,640 --> 02:24:28,560
to put it up on live forum with this because it's easy for them to make

1917
02:24:28,560 --> 02:24:33,760
minutes show it on the screen covered exactly like you have on this podcast

1918
02:24:33,760 --> 02:24:40,640
and just say these are the sips why yes why no and the good thing that

1919
02:24:40,640 --> 02:24:44,960
would happen from that is let's say as i mentioned i think if anybody's going to

1920
02:24:44,960 --> 02:24:47,760
deny a thing on a sip it's going to be because they're

1921
02:24:47,760 --> 02:24:50,720
already working on it inside internally in the sandbox based on what they've

1922
02:24:50,720 --> 02:24:54,480
said before and it's probably going to be um you

1923
02:24:54,480 --> 02:24:58,160
know seb doing that so if seb is the only person

1924
02:24:58,160 --> 02:25:02,720
universally saying we can't do that then that might do a good thing

1925
02:25:02,720 --> 02:25:07,520
community-wise and reveal that this is the obstruction that we have as a

1926
02:25:07,520 --> 02:25:11,200
dow yeah because i want to look at this isolated as a dow right

1927
02:25:11,200 --> 02:25:17,280
not look at this as the sandbox as you know this um but the platform

1928
02:25:17,280 --> 02:25:22,160
right now is only 15.5 million sand and they're going to get another whatever

1929
02:25:22,160 --> 02:25:27,360
100 million plus uh over the next year or so just free

1930
02:25:27,360 --> 02:25:32,240
unlocking sand so it's uh i'm interesting to see how this develops

1931
02:25:32,240 --> 02:25:38,320
yeah i'm a i'm a big fan of visuals and just get out in the open like iron

1932
02:25:38,320 --> 02:25:43,040
sharpens iron man it's we're here to make it better and then

1933
02:25:43,040 --> 02:25:46,560
you know you can you can tell sometimes when that's not always the case with

1934
02:25:46,560 --> 02:25:50,960
some people or they're they're um i don't know it's

1935
02:25:50,960 --> 02:25:54,560
i feel strongly about it but enough of that

1936
02:25:54,560 --> 02:25:56,960
from uh

1937
02:25:57,920 --> 02:26:02,000
okay joseph this is where i want to end it man

1938
02:26:02,000 --> 02:26:06,560
it was part of the plan the whole time

1939
02:26:06,560 --> 02:26:10,400
sure so let's open up the white paper the official white paper

1940
02:26:10,400 --> 02:26:18,640
version i got it i got it here 2020 subsection 3.5 sand 3.5 he says

1941
02:26:18,640 --> 02:26:21,600
3.5

1942
02:26:22,320 --> 02:26:25,600
this is a huge wipe here man it's gonna take me like three podcasts to get

1943
02:26:25,600 --> 02:26:30,320
through yeah i thought i thought joseph was just

1944
02:26:30,320 --> 02:26:34,400
reciting this off the top of your head that would be even better i

1945
02:26:34,400 --> 02:26:39,360
have it on my screen i was like oh wow i don't do anything off the top of my

1946
02:26:39,360 --> 02:26:42,400
head i'll tell you that right now the good thing and the bad thing about me is

1947
02:26:42,400 --> 02:26:44,960
i don't remember shit but i always know where to get it

1948
02:26:44,960 --> 02:26:49,200
yeah yeah i'm in the same boat that's that's why i need my visuals

1949
02:26:49,200 --> 02:26:53,360
bullet point number two right there governance sand is a governance token

1950
02:26:53,360 --> 02:26:58,720
so this is we're talking 2020 2020 until 2024

1951
02:26:58,720 --> 02:27:03,600
june this is a fucking lie right but this is what was always sold

1952
02:27:03,600 --> 02:27:06,960
sand is a governance token that allows holders to participate in governance

1953
02:27:06,960 --> 02:27:11,680
decisions of the platform using a dao structure the dao doesn't

1954
02:27:11,680 --> 02:27:16,800
exist until now the structure was obfuscated

1955
02:27:16,800 --> 02:27:20,880
until now at least now we know what the structure is

1956
02:27:20,880 --> 02:27:24,800
creators spend sand to acquire assets oh i'm sorry that's that's the access

1957
02:27:24,800 --> 02:27:28,480
um they can exercise voting rights on key elements such as foundation grant

1958
02:27:28,480 --> 02:27:30,800
attributions which is most of what this is

1959
02:27:30,800 --> 02:27:36,720
you've got foundation money here um to content and game creators and

1960
02:27:36,720 --> 02:27:39,920
feature prioritization on the platform roadmap

1961
02:27:39,920 --> 02:27:42,960
so it's suggested here that people can suggest

1962
02:27:42,960 --> 02:27:47,040
features for the platform that's what this said in the white paper

1963
02:27:47,040 --> 02:27:50,480
it also suggests that the money will come from the foundation

1964
02:27:50,480 --> 02:27:55,760
the foundation being the sandbox so according to the white paper if this

1965
02:27:55,760 --> 02:27:58,880
is still the same plan as what always was

1966
02:27:58,880 --> 02:28:04,240
the money will always come from the sandbox's pocket into the dao's pocket

1967
02:28:04,240 --> 02:28:07,280
at the end of december 2025 it should happen again

1968
02:28:07,280 --> 02:28:10,800
how much money is allocated into it that is the part that we need to use the dao

1969
02:28:10,800 --> 02:28:15,440
to make clarity on so far it's 20 or 25 million seven

1970
02:28:15,440 --> 02:28:22,000
zero mentioned that a couple times yeah so allocated to this budget at the

1971
02:28:22,000 --> 02:28:25,760
moment is 15.5 million whereas the realized like if he just

1972
02:28:25,760 --> 02:28:29,920
said it out loud that's cool but that could change tomorrow

1973
02:28:29,920 --> 02:28:33,600
i'm sure i'm saying that as somebody who has watched things change tomorrow

1974
02:28:33,600 --> 02:28:39,120
a thousand times write it down write it down show me don't tell me

1975
02:28:39,120 --> 02:28:43,600
and the you know it says saying donors can vote themselves or

1976
02:28:43,600 --> 02:28:47,360
delegate voting rights to other players of their choice

1977
02:28:47,360 --> 02:28:51,680
there has been no such delegation right there's nothing in the dao that says i

1978
02:28:51,680 --> 02:28:55,200
can tell crafter what it is however it's been said out

1979
02:28:55,200 --> 02:28:57,760
loud that in the future that would be possible

1980
02:28:57,760 --> 02:29:04,640
so probably through a set right yeah like crafter using my voting power to

1981
02:29:04,640 --> 02:29:09,280
vote for a sip delegation i haven't seen that so it's

1982
02:29:09,280 --> 02:29:12,480
still there on the white paper there's nothing about essentially there's

1983
02:29:12,480 --> 02:29:15,200
nothing about this dao that wasn't already told to us

1984
02:29:15,200 --> 02:29:21,360
that would come the question is now the minutia the implementation of it and

1985
02:29:21,360 --> 02:29:25,120
that was in the details yeah how do we make it better

1986
02:29:25,120 --> 02:29:30,400
so okay i did not read um most of this white paper i read a little bit of it

1987
02:29:30,400 --> 02:29:34,560
but i i didn't even if i even three years ago if i had seen the word

1988
02:29:34,560 --> 02:29:37,360
dao i wouldn't have known what i was looking at anyways

1989
02:29:37,360 --> 02:29:42,240
sure and that's the fair fair point if you go back through it now

1990
02:29:42,240 --> 02:29:45,840
if you go back through this you're gonna find a lot of it that's gonna make sense

1991
02:29:45,840 --> 02:29:49,040
and it's going to have been done and you're going to also find a lot of it

1992
02:29:49,040 --> 02:29:54,080
that just never happened so yeah it'll be

1993
02:29:54,080 --> 02:29:58,720
can we get back to these roots the white paper is what sold this product

1994
02:29:58,720 --> 02:30:02,880
if everything that was written here is done then i think number goes up

1995
02:30:02,880 --> 02:30:09,200
you know well i already have a podcast on the list of going through the white

1996
02:30:09,200 --> 02:30:13,200
paper and comparing it to the dao it's a little bit down there

1997
02:30:13,200 --> 02:30:18,320
but you know yeah i'm gonna do that i'm gonna read their articles of

1998
02:30:18,320 --> 02:30:23,200
incorporation as a podcast i'm gonna i'm gonna give this

1999
02:30:23,200 --> 02:30:29,920
thing a nice scrub so i can be ready i want to be ready

2000
02:30:30,640 --> 02:30:38,080
cool i did not realize that thanks joseph yeah no problem

2001
02:30:38,080 --> 02:30:44,480
crafter do you have any yeah crafty do you have any questions you want to add

2002
02:30:44,480 --> 02:30:48,560
i don't really actually have any questions off the top of my head to be

2003
02:30:48,560 --> 02:30:51,280
honest all right i feel like we did a good job

2004
02:30:51,280 --> 02:30:55,120
of covering some things though here yeah we we went the distance

2005
02:30:55,120 --> 02:30:59,280
yeah joseph what are you man what are you thinking man

2006
02:30:59,280 --> 02:31:05,600
just yeah yeah i don't know man show me show me some show me some results

2007
02:31:05,600 --> 02:31:09,360
show me who you are show out they've done a lot of good amas in

2008
02:31:09,360 --> 02:31:13,280
different time zones i guess but they're basically all on x or twitter

2009
02:31:13,280 --> 02:31:17,360
so like yeah that's isolating so much of your community away

2010
02:31:17,360 --> 02:31:21,360
there's um show me how you're gonna use that 40 000

2011
02:31:21,360 --> 02:31:26,240
annual or whatever it is uh worth of sand that you actually put in 40 000

2012
02:31:26,240 --> 02:31:29,920
dollars worth of time out there to bring the community into this

2013
02:31:29,920 --> 02:31:35,360
dow vote inform yourselves as special counsel or whatever but

2014
02:31:35,360 --> 02:31:38,560
that's it no real questions more so like

2015
02:31:38,560 --> 02:31:46,240
yeah comment crafter what do you what is your closing thoughts closing thoughts

2016
02:31:46,240 --> 02:31:49,680
what did i say i was skeptically skeptically

2017
02:31:49,680 --> 02:31:52,560
wait wait wait i can quote you cautious i don't remember

2018
02:31:52,560 --> 02:31:56,720
cautiously skeptical cautious cautiously skeptical

2019
02:31:56,720 --> 02:32:00,800
um i believe i still am cautiously skeptical

2020
02:32:00,800 --> 02:32:04,000
um but

2021
02:32:06,400 --> 02:32:10,640
i do believe that if the right things happen

2022
02:32:10,640 --> 02:32:18,560
this could be a very very cool um successful thing we just need to

2023
02:32:18,560 --> 02:32:21,680
continue to talk about it honestly is probably the one of the more important

2024
02:32:21,680 --> 02:32:25,200
things because i i feel like every time i am in a

2025
02:32:25,200 --> 02:32:30,800
discussion about about the dow and what discussions like this new new things pop

2026
02:32:30,800 --> 02:32:34,000
in my head and and i'm like oh well maybe maybe

2027
02:32:34,000 --> 02:32:36,880
things if we go this direction things are going to work a little bit

2028
02:32:36,880 --> 02:32:40,080
differently and that's a good thing so like i i think the open

2029
02:32:40,080 --> 02:32:45,520
communication needs to continue yeah and and i think that um they're

2030
02:32:45,520 --> 02:32:49,440
definitely like trying to involve the the community but i think even more

2031
02:32:49,440 --> 02:32:55,040
effort could be put into that um i i don't know how and like

2032
02:32:55,040 --> 02:32:58,000
it's tough because like getting in the forums for

2033
02:32:58,000 --> 02:33:02,560
for the dow uh like i it's hard for me to even like remember to go

2034
02:33:02,560 --> 02:33:06,240
go in there and check them so like like yeah i don't i don't know like

2035
02:33:06,240 --> 02:33:10,160
what needs to be done to get more like engagement and awareness around

2036
02:33:10,160 --> 02:33:16,160
everything but um i don't know maybe maybe it'll just be like a slow slow

2037
02:33:16,160 --> 02:33:19,840
thing over time but it it i don't know hopefully

2038
02:33:19,840 --> 02:33:23,280
hopefully hopefully people start participating more because otherwise

2039
02:33:23,280 --> 02:33:28,480
it's just going to be kind of like almost like a stand still

2040
02:33:28,480 --> 02:33:34,640
yeah we go out in a slow whimper yeah yeah no um i guess basically they're

2041
02:33:34,640 --> 02:33:38,800
not on my watch put a bow on everything is if you are

2042
02:33:38,800 --> 02:33:42,320
part of the sam fam or just even interested in the sandbox start

2043
02:33:42,320 --> 02:33:46,320
showing up and voicing your opinions i know a lot of you are but even if you're

2044
02:33:46,320 --> 02:33:51,840
uh if you're not yet continue to do so uh and and and do it constructively

2045
02:33:51,840 --> 02:33:54,240
that's that's probably a good a good thing to put out there do it

2046
02:33:54,240 --> 02:33:59,440
constructively and and have where you can at least advice on what

2047
02:33:59,440 --> 02:34:02,720
you think could be could be done because who knows maybe your

2048
02:34:02,720 --> 02:34:09,200
maybe your idea will spark uh the the next sip that yeah

2049
02:34:09,200 --> 02:34:14,160
pushes the needle forward so and instead a different way

2050
02:34:14,160 --> 02:34:17,920
should you choose to do it constructively you are much more likely to

2051
02:34:17,920 --> 02:34:23,440
be heard true yep i can confirm

2052
02:34:23,440 --> 02:34:26,640
that yeah i don't think it's moderated on the discord

2053
02:34:26,640 --> 02:34:29,920
some people get pissed off because they'll say fud

2054
02:34:29,920 --> 02:34:33,760
right but it's always when people just say you suck

2055
02:34:33,760 --> 02:34:37,520
and you're like well that's great like tell me how i suck

2056
02:34:37,520 --> 02:34:41,040
yeah i mean let's let's get past the destruction of the language and get to

2057
02:34:41,040 --> 02:34:45,360
the real underlining yeah like this is what we can change

2058
02:34:45,360 --> 02:34:48,480
to make your experience better that's the kind of submissions that you

2059
02:34:48,480 --> 02:34:51,040
need for the doubt that's the kind of stuff you need to say yeah

2060
02:34:51,040 --> 02:34:54,720
whatever you know to come through and be like i'm pissed off it's like

2061
02:34:54,720 --> 02:35:00,560
okay yeah and like let's fix it right that's the point of the doubt

2062
02:35:00,560 --> 02:35:04,400
so joseph i know you gave a little bit of a

2063
02:35:04,400 --> 02:35:09,280
final thought but go ahead and have any closing remarks

2064
02:35:09,280 --> 02:35:13,920
uh hey don't forget to like comment and subscribe on this video

2065
02:35:13,920 --> 02:35:17,920
you know what i mean do you call it action here

2066
02:35:17,920 --> 02:35:22,240
yeah because the the conversations will continue

2067
02:35:22,240 --> 02:35:26,880
so um stick with them um that's really all i can stress

2068
02:35:26,880 --> 02:35:30,400
i've got things that i've said across multiple different conversations and

2069
02:35:30,400 --> 02:35:33,920
podcasts that i think are tangible solutions that's what i'm going to

2070
02:35:33,920 --> 02:35:38,240
present um but i don't see everything nobody

2071
02:35:38,240 --> 02:35:41,920
does so yeah i've heard show up say so oh

2072
02:35:41,920 --> 02:35:46,000
batman just batman what up batman thank you

2073
02:35:46,000 --> 02:35:49,520
that call to action baby wow thank you for that that

2074
02:35:49,520 --> 02:35:52,880
you might you might very well be my first subscriber ever i've never really

2075
02:35:52,880 --> 02:35:56,960
pushed it all that much it's just i like i like doing this

2076
02:35:56,960 --> 02:36:00,880
stuff but thank you man i appreciate that

2077
02:36:00,880 --> 02:36:06,640
yeah so uh thank you very much lurkers in the chat and also dr

2078
02:36:06,640 --> 02:36:10,480
metaverse so you were you were hella active in the chat so

2079
02:36:10,480 --> 02:36:14,480
thank you for giving your your thoughts about where you stand on some of this

2080
02:36:14,480 --> 02:36:19,040
stuff and hodl batman appreciate you both

2081
02:36:19,040 --> 02:36:23,040
all of you and final thoughts for me is that

2082
02:36:23,040 --> 02:36:26,240
i'm just excited to see where this goes i can say

2083
02:36:26,240 --> 02:36:29,440
the intersection for me between business and gaming

2084
02:36:29,440 --> 02:36:33,120
in in a way that that throws in like governance and management

2085
02:36:33,120 --> 02:36:36,400
and all my project management skills i i feel

2086
02:36:36,400 --> 02:36:39,920
feel excited so i want to be part of the solution whether that's

2087
02:36:39,920 --> 02:36:46,160
the council or not but i want to be here doing this stuff helping do solutions

2088
02:36:46,160 --> 02:36:50,400
so episode four we're about to come to a close

2089
02:36:50,400 --> 02:36:55,120
episode five i want to do the gathering places for a sandbox dowel

2090
02:36:55,120 --> 02:36:58,400
there's the my initial intro into all this

2091
02:36:58,400 --> 02:37:04,000
joseph and crafter was through the the mocoverse saturdays with g

2092
02:37:04,000 --> 02:37:07,760
he was the one that kind of turned me on to what was a dowel

2093
02:37:07,760 --> 02:37:11,840
what what are we even doing here i think my first thing coming off mute

2094
02:37:11,840 --> 02:37:15,040
when he just let me on stage i raised my hand he's like

2095
02:37:15,040 --> 02:37:18,480
yeah lancer go ahead i'm like hey man i don't know why i'm here

2096
02:37:18,480 --> 02:37:22,880
but i want to be here so can i what what do i do

2097
02:37:22,880 --> 02:37:26,480
and that was what began he's like oh yeah yeah so um

2098
02:37:26,480 --> 02:37:30,000
you can like then he goes great take great take

2099
02:37:30,000 --> 02:37:33,520
and he's like you know you can look it up online there's some research and like

2100
02:37:33,520 --> 02:37:36,880
really set me down a path to where i can say that

2101
02:37:36,880 --> 02:37:40,400
i feel like i can start contributing now that i understand that we're all just

2102
02:37:40,400 --> 02:37:43,040
trying to figure it out man we're just trying to we're all just

2103
02:37:43,040 --> 02:37:46,960
trying to figure it out we i thought there was like a professional

2104
02:37:46,960 --> 02:37:50,720
dowel thing going on it's like we're just trying to figure it out

2105
02:37:50,720 --> 02:37:54,640
we're we're all coming out with our ideas and all of our

2106
02:37:54,640 --> 02:37:58,480
our stuff and i'm just one more voice now

2107
02:37:58,480 --> 02:38:02,640
joseph you're a very well experienced voice and crafter we mean everyone knows

2108
02:38:02,640 --> 02:38:06,720
who you are you and joseph both so i appreciate your

2109
02:38:06,720 --> 02:38:12,480
time thanks for spending the hours here going over the details and

2110
02:38:12,480 --> 02:38:16,160
i'm just going to keep on hammering away at these episodes and some of these are

2111
02:38:16,160 --> 02:38:19,680
going to be some deep deep dives like i'm going to go ham on

2112
02:38:19,680 --> 02:38:23,520
those foundation articles just put on my my legal contracting

2113
02:38:23,520 --> 02:38:26,960
hat and just start going to town on it because i'm i'm

2114
02:38:26,960 --> 02:38:32,640
interested i'm i'm i'm intrigued so thank you all

2115
02:38:32,640 --> 02:38:37,360
love it and joseph crafter appreciate you coming out

2116
02:38:37,360 --> 02:38:43,520
absolutely thanks have a good night everyone yeah thanks y'all