All right, everybody.
Welcome.
Good morning.
It is early am if you are Eastern, but it is nighttime if you are Hong Kong and afternoon
if you are in Paris or the United Kingdom or Italy.
Welcome to seventh episode seventh edition of the sand out podcast.
We are a podcast all about the sandbox Dow decentralized autonomous organization.
Today we have two special guests continuing our series of speaking with delegations, groups
and entities.
Partnerships within the sandbox Dow, you know, who is who sort of scenario where we have
Anthony and crypto sheep from Bulls on the Block will be listening to and learning from
BOTB and the two of them about what BOTB is, how they play a part in the sandbox.
And I'm looking forward to this very much.
So if you haven't gone to their Saturdays, they go, they hit you Saturday every day,
every Saturday from at 10 a.m. coming at you from the summer of 2021, as Anthony always
says.
So we'll get into that and welcome Anthony and crypto sheep.
Hey, thanks, Lancer.
Thanks for having us.
Really appreciate it.
Love, love getting the opportunity to chat about Bulls on the Block.
And you know, we we we love the sandbox community sandbox Dow and happy to happy to be a part
of it.
Love it.
Yes.
Thank you for having us, Lancer.
As always, it's a pleasure to talk to you and our pleasure to talk to you on your platform.
Yeah, yeah, I know.
So for once, it's my platform.
All the power.
All right.
So let's run through our normal rigmarole.
So what is the scope of the talk for today?
Slide two.
Scope of the talk is a meet and greet with Anthony, crypto sheep and a learning opportunity
to learn about Bulls on the Block, otherwise known as BOTB.
Who are they?
What do they do?
What do they care about?
Let's go right into introductions.
My name's Lancer.
I'm the podcast host for Sandel podcast.
I am a landowner, avatar owner.
And in the sandbox, I've published two experiences.
I have a business background, contract negotiations background, and I'm also coincidentally a bull.
So I own a bull, I own a bear, and I like what BOTB has been doing in the space.
So here I am as one of them as part of the group.
So that's me.
And Anthony, let's go to you next.
Yeah, sure.
Anthony Mungiello.
I've been involved with Web3 since the spring of 2021.
I really, really got started with VFriends.
And so hearing about Gary V and Mark Cuban talking about NFTs got me excited about it.
Got involved in Bulls on the Block initially as a community leader.
Somebody that was helping to shape how we were going to use our community wallet, which
we'll get to as we go through some of the detail.
And then ultimately wound up leaving my corporate job, started our own project.
And through that effort was able to acquire Bulls on the Block, so became an owner.
And now I'm back in the corporate world.
So doing this on the side again.
And so this is a second and a third job at the moment.
Wow.
Okay.
That's, yeah, I'm going to add that to the question list.
And sheep.
Yeah.
I've been into Web3 for about three and a half years right now, and I started out as
a community member, minting a lot of mints, done over 100 successful NNT mints, including
Macy's, Other Deeds, and of course Bulls on the Block.
And mid 2021, I founded an e-commerce platform, fully token gated, powered by blockchain and
NFC technology, making sure that we could grow IP related e-commerce products and being
more involved in DAOs, for example, with the Bulls on the Block DAO, of course, and how
we utilize our community assets.
And from there, we are creating our weekly spaces and do a lot of community work and
met a lot of great people in Web3, but that is in a nutshell, a little bit what I have
done so far.
But we can talk more and more about anything, but it's Bulls on the Block and it's your
platform.
So holy smokes, the two of you.
That's quite the introduction.
I wasn't expecting that.
So we've got crypto sheep with what you said, well over 100 mints.
Did I hear you correctly?
Yeah, definitely.
Founded an e-commerce platform and then Anthony, you mentioned acquiring BOTB.
So all right.
All right, let's.
You know, what's incredible, Lancer, is that the space never ceases to to to Amasia.
You know, there's so many there's so much diverse talent and experience behind all these
PFPs.
And it's all coming together into the in this Web3 space.
One of the things that makes makes Web3 special is is the congregation of all these different
backgrounds and different experiences.
And you don't even know it because you're looking at you're looking at PFPs.
And so everyone's on equal footing.
Yeah, I definitely had no idea that was that was that was well done.
All right.
Cool.
Disclaimer.
I need to go on the wrong.
There we go.
Disclaimer.
Anthony, Crypto Sheep and I, we do not represent the Sandbox game or the Sandbox Foundation.
We speak for ourselves as SanFam community members.
Anthony and Crypto Sheep, you do, however, represent BOTB.
So there's there's that.
Regardless, we are not your financial or legal advisors and nothing we say is to be taken
as financial or legal advice.
And scoreboard, we'll briefly very briefly go through this.
At this point in time, the past two SIPs, SIP 7 and 8 are closed.
SIP 7, which was about staking for landowners, that will pass.
So now we are at seven SIPs approved.
And unfortunately, SIP number eight did not meet quorum.
It only reached about 60 percent quorum of the 30 million required.
So it did not pass, making it our first SIP not approved.
And so that's eight SIPs closed.
One is currently in draft on the forums.
That's the SIP about NFT collection by Arthmore.
And MetaWorlds, we've submitted our fourth SIP, which was the fourth one being the Dow
revenue study.
So I think I mentioned that during BOTB last week or this past Saturday, where we are proposing
learning from 8coinDAO to do our study of revenue options to get revenue SIPs installed
now versus years down the road when when time is of the essence.
And yeah.
And scoreboard, we are at as of right now, 13 percent of our 15.5 million dollar, not
million dollar, million sand budget.
So that's we spent 1.9 sand so far of SIPs.
That is your SOW, your DAO checkbook in your DAO scoreboard.
So let's just jump right into it now.
The discussion.
Question number one.
What is Bulls on the Block?
Anthony Crypto.
Very simply for me, Bulls on the Block is an Ethereum based NFT community, really, really
focused on the core values and principles of Web3.
So looking at art is a big focal point.
When Bulls on the Block was created, which we'll get to in a bit here, it was very much
focused on the art of Rui Duarte, who's a Portuguese artist that really just brought
a unique style to the NFT space.
It was founded on the principles of Web3 being decentralization.
And we had very early on established a community-based wallet, a community-controlled wallet, even
before people were really talking about NFT projects being run by DAOs.
We had a snapshot vote in place that helped us control how we use the community, the community
wallet.
And then lastly, fun.
It's about having fun.
When we look at our history, we had a lot of comic strip based drop, air drop.
And so just fun, playful comic strips.
It reminds you of those Saturday morning newspapers and the Sunday newspapers with the comic strips.
Just real fun, real fun art.
And we see that with our community's desire to be in metaverse, Sandbox being one of them.
And just a place to unwind and have fun with a close-knit community.
Gotcha.
And you said Rui Duarte.
How do you spell Rui?
R-U-I.
Okay.
I'm not familiar.
I'll have to do a little bit of Googling.
Okay.
And Sheep, is that about summing up for you as well?
Yeah, definitely.
Bulls on the Block was one of those collections in 21 that had a major, major hype.
If you were around that time in 21 and you were minting, you probably have heard about
Bulls on the Block.
That being said, our unique holder counts are still 3,000 unique holders around the
collection, but all based on Yu-Ga.
And they are well OGs in this space by now.
So they all have good feeling with the spirit of being the people's project, right?
So with that being said, we had our community wallet and we are accumulating assets.
So what we are doing there, we still have around 20 Ethereum in liquid.
So we can use that with our snapshot.
It's a little bit complicated, but it is almost the same process as the Sandbox DAO.
Everyone with one BOTB in theory can put up a proposal, get approval by the Bull Council
and then get a proposal up.
But our wallet is also filled with Yu-Ga assets, with little Pudgies, with Azuki, Doodles,
CyberKong and a 6x6 Sandbox plot.
So when we saw Sandbox going the DAO route, we were inclined to be involved.
And I want to give a big shout out to Gis Us.
He's doing a lot of work for all of us to connect each other.
And he's also a regular visitor in our space.
So he said, please guys participate because you have a lot of voting power, which was
a 6x6 Sandbox plot.
And so we got involved with the BOTB community.
And that being said, I know Anthony already for I think three and a half, like a long
term two years, two and a half years.
And we worked pretty well together.
And we did a lot of cool stuff together and we're still here and still building.
So that's a side note because otherwise people don't maybe see the full scope.
Yeah, that's why we inclined to be very involved, Lenzel, with the Sandbox DAO because we love
the decentralization.
What Anthony mentioned earlier that embodies the spirit of WebTree.
That's both on the block for me too.
Excellent.
Thank you.
And you just mentioned you have a coffers, say 30 ETH is what you have right now?
Around 20 Ethereum.
There is in the community wallet, so BOTB still has a community wallet and that is around
20 Ethereum in liquid.
We still, Lenzel, also have assets like the 6x6 Sandbox plot, which we were not utilizing
till the magic palette SIP6 came along.
And SIP6 was the magic palette with AI and opens up a lot of opportunities for us builders
and creators to actually get into Sandbox and create more easier some entertainment
for our community and for ourselves.
What Anthony mentioned for unwinding and just give more experiences for our community.
Well thank you for voting for magic palette.
Thank you for contributing to that.
Yeah, and they also participated with us, Lenzel.
So it's a mix, right?
So we have the Saturday 10am Eastern Space, you have this space, so we always try to find
a win-win-win situation.
I think that is always the goal.
You cannot make everyone happy, but we try.
And you meet weekly Saturdays at 10am Eastern Standard via Twitter Space.
If you are not following Bulls on the Block, please go do so now.
I'll give you a little Bulls right here.
So I'm showing it now on screen.
It's just at Bulls on the Block.
Go ahead and give them a follow.
And then you'll see, well, there's us right there, but there's the recording from just
a few days ago.
And they'll post it there where you can join the Twitter Space every Saturday.
Yeah, and we always have our spaces recorded and they're also being published on Spotify
now as well.
And so we've got the last two episodes that are published on Spotify.
So we try to make it as accessible as possible.
We know that people are busy.
Weekends are valuable times, valuable downtime, valuable family time.
And so we want to make sure that people can still get the content, get the message.
That's awesome.
And then in the pod reel, I selected the BOTB as one of my recommended podcasts so that
we can start to strengthen the cross pollination.
So for BOTB, who are the leaders and decision makers?
Yes, we have two sets of leadership.
So we have the ownership side of it, which is myself that is leading the charge there.
And then you have the community side.
And on the community side, we have a Bull Council in place, which Sheep is a member
of.
So there's 10 council members and there's varying degrees of activity and engagement
there.
Crypto Sheep, Big Bull, Cuban Cameraman.
These are some of the more active Bull Council members that are driving forward.
And then we partner together to make sure that we're moving forward with what's best
for the project as a whole.
And Bulls on a Block, let's be clear, it's a community driven project.
Through it all, through the ownership's ups and downs, the original founders do the acquisition
to a point in time when it was completely community driven.
Community has been the driving force behind it.
So for me, I try to support the Bull Council as best as possible, making sure that we're
getting the message out and making sure that I'm there to support them.
So it's a joint leadership between project team and Bull Council.
Okay.
And I wasn't expecting the ownership piece.
How does that work?
Is BOTB a legal entity and that's how you acquired it?
Or is it just acquiring a website and that's how?
Yeah, so we did an asset transfer agreement to get technical with it.
I know that your background's contract negotiations, so I'm sure this is familiar to you.
But we didn't acquire Bulls on a Block an entity.
We acquired the assets.
And so when we look at the assets, it's website, it's the Web3 contracts, the smart contracts.
It is the IP, the project IP.
Obviously the community owns, the holders own the NFT IP, but the logo, the name and
all that.
Yeah, the brand IP.
Exactly.
Okay.
Huh, that is fascinating.
I did not.
That's cool.
That's just cool.
It's always fun to hear how the sausage making works in the background and what really makes
the world go round when it comes to, you know, Web3 is Web3 and also uses Web2 and the rest
of the world as foundation to make things go.
And that's always been fun to me to learn about.
So you have a whole council of...
... challenge in Web3 because you've got this very strong community aspect to Web3 and the
community, you know, in the Web2 world, if a company goes out of business, they shut
down their website, they shut their physical store down and that's it.
Everybody goes on their merry way and you find other places to shop and other places
to do business.
Web3 is different.
You've got this community aspect to it where, you know, the community came together as a
social aspect.
It's a part of their personal lives.
So it's not as simple as just shutting it down.
So the original founders didn't have a desire to build a business.
And so you got this weird spot where there's so many people excited about Bulls on the
Block, but the original founders like, now I want to move on to the next thing.
I'm not here for the long term.
You start seeing that over and over again.
So how do you have continuity from an ownership perspective that is aligned to the continuity
that the community wants?
It's two different things often oftentimes.
And so it's...
I don't have the answer to it, but how do you have a sustainable model that makes sure
that there's this leadership structure in place that can service the community long
term?
And you're doing it.
And then, you know, what do you do with the wallet?
That doesn't just go away.
So...
No.
Right.
Yeah, we had a couple times throughout this history where the signers of the wallet, because
it's a no-sys safe, so it's a multi-sig environment, the signers kind of disappeared.
And they didn't want to be active anymore.
And so now you're in a situation where like, oh crap, you know, if I've got, you know,
if it's a four out of 10 or six out of 10 that needs to sign and your signers are no
longer active or no longer participating, how do you get those signatures going?
Right?
So there's a lot of challenges to managing this kind of project.
Yeah.
And, Cheap, are you about to say something?
Yeah.
Just complementing what you guys say.
We do everything snapshot-based, Lensr.
So what Anthony is saying with the multi-sig, you say, explain it to me if I'm a five-year-old.
Like we have the multi-sig.
So you have one wallet, but you need four, five, six people to agree and sign.
But we cannot agree as a bull council, which is also be elected.
So every year we have an election for one year.
So we have 10 council members that can actually run for bull council members.
But then you also need a proposal like a SIP, our quorum is a thousand votes minimum.
And then you need the community to vote for you and say, yes, we want you guys to execute
this transaction.
But then again, you need to have an active council, which has been in place for a proper
year right now.
And we've done a lot of good stuff, including some metaverse opportunities, getting the
bears in 3D and activations with the other platforms.
I'm not going to show a platform on sandbox, but great, great, great other guys from from
Nifty Island, for example, they do a lot of builders and they have the builder economy,
the creator economy.
And yeah, we're just creating a lot of cool events.
Cuban, one of the members of the council is also creating like videos so people can promote
their videos of their islands.
And he wants to also bring that over to sandbox, right?
So that everyone can have a beautiful showcase reel of their island, which they are proud
of because they spend hours and hours and hours and hours of building it.
And you also need a good promotion to show that.
So we have a good combination of bull council and we always meet with Anthony every week
with the company.
It's Anthony, but like it's the company and we just align our visions and he gives us
support where needed.
And it's a very pleasant cooperation like this.
Yeah, that's fascinating how the two coexist like that.
So bull council of 10 re-elected annually, you need 1000 voting power for a quorum.
And then the multi-sig is one wallet, but multiple signatures are required to sign for
transactions.
Awesome.
I didn't know.
I didn't know what multi-sig was.
I thought maybe that's what it was, but wasn't sure.
All right.
The summer of 2021 and BOTB is forming.
You all say that quite frequently coming at you from the summer of 2021.
What is the story of the summer of 2021?
Yeah, so you had this situation where, similar to me, where there was a lot of buzz around
NFTs that was going outside the crypto space.
And so you've had a lot of new entrants in the spring of 2021.
You had a lot of new entrants into the NFT space, a lot of normies coming in and we're
starting to get interested.
What's this new technology?
What's this buzz about?
You had crypto punks early in 2021 starting to really take shape and take form.
They were obviously released before 2021, but it started to make some press of what
are these crypto punks?
You started seeing it in the news a bit.
You're hearing Mark Cuban, you're hearing Gary Vee, you're hearing some of these prominent
people talking about NFTs and NFTs being the future.
You had the dog, M&Ms, all over the place.
You had what was the webs that started coming in.
You had in the spring, you had Yuga put the Board Ape Yacht Club out and Board Ape Yacht
Club started making a splash.
Gary Vee did the Vee Friends.
Vee Friends was a very successful mint.
So the three original founders, you had Rui, Damp, and Bobo.
Damp and Bobo were the devs.
Rui was the artist.
They met in the Yuga ecosystem.
They minted Board Ape Yacht Club.
They met in the Board Ape Yacht Club.
They connected there.
They started talking about could we do our own project, have a unique set of art with
Rui, Damp, and Bobo doing the tech.
So they started talking about that in the Yuga community.
So there was this connection to Yuga.
There was a lot of buzz coming out of it.
You had a lot of people who minted Yuga, flipping them, making a lot of money.
So there's a lot of extra eith flying around that community.
And so there was a lot of buzz and excitement.
Then Rui started doing some sneak peeks of his art.
And everyone's like, holy crap, this art is sick.
It's awesome.
So there was this real huge momentum going into the end of June when BOTB minted.
And so coming into this, you also had a lot of crypto savvy people mixed in with people
like myself who were pretty new to NFTs but was excited about Bulls on a Block.
And so the crypto savvy people understood this concept of gas.
And they understood that you can override the gas that your transaction recommends.
And you could override it so you can get priority on the mint.
So you can imagine if there's 10 NFTs available but there's 100 people that are trying to
execute those 10 NFTs at the same time, the blockchain has to choose who goes first.
The validation of the transaction, there has to be a choice.
And the choice is made on who's paying the most gas.
So the crypto savvy people said, OK, if it's telling me it's a dollar of gas, I'm going
to make it $100.
And then the next person say, oh, guess what?
I'm going to make it $200.
Wait a minute.
Are you the reason for the gas wars, Anthony?
Is that what you're about to tell me?
Bulls on a Block was the reason for the gas wars, yes.
Oh my gosh.
I lost out.
You're the reason why I paid $200 in gas, huh?
Yes.
I was somewhat of a newbie there, right?
And I had no idea about this overriding gas.
And so I didn't get a chance to mint Bulls on a Block, although I had my laptop on the
beach with me and I was ready to go.
But I got gassed out.
So I bought it on secondary right afterwards.
But all the crypto savvy people understood that you can override the gas and get priority.
And so that's how this thing sold out in three minutes.
And it was a massive, massive gas wars.
Well there you have it, folks.
Do you want to know the reason for gas wars?
You're looking at them right now.
Both of them.
I did not know that.
So that's why you mentioned gas wars.
All right.
Hey, we live and we learn.
Obviously, there's a lot of disappointed people.
And so what Rui did was they created a gas wars NFT.
So if your transaction failed because of the gas wars, and you lost gas money, because
you could lose that gas even though your transaction didn't go through.
So they created a bull with a gas mask.
And they did some air drops to people who were victims of the gas wars.
That's good.
Making them whole like that.
I'm sure I lost gas money as well, I probably wasn't even tracking the end of air drop.
That's okay though.
Long history passed.
So minted out in three minutes in the summer of 2021.
And what was interesting is, so you had all this momentum for the mint.
Clearly this thing was going to mint out and people were, Discord was crazy.
It was going nuts.
The devs talk about being cheap on gas.
They put a low, to open up the contract, they put a low gas amount in, very low.
And it wound up taking 45 minutes for the contract to open because they had such a low
gas amount that would be cheap with the amount of gas that they wanted to spend on the contract.
So you had a few thousand people, 10,000 people all waiting to mint.
And we're waiting for 45 minutes for the contract to open because they put such a low gas amount
on.
These are games I don't know how to play.
That's fascinating to hear.
Yeah, so I'm sitting on the beach and I told my wife, oh, I just got to go on the laptop
quick.
I'm going to do this mint.
And she's like, all right, be quick.
This is family time.
And then of course we're waiting for the contract.
She's like, what are you doing?
I'm like, it's any minute.
It's any minute.
Any minute now.
And then we wait five minute wait and not even minting, getting gas out.
She was not happy.
And then the prices shoot up to one, two Ethereum, some six Ethereum, seven Ethereum.
So it was a crazy NFT summer.
And that's exactly why this is nostalgic.
That never comes back, Lander.
And we are part of that.
And Antony, the excitement, that is exactly, exactly what happened in 21.
And a lot of our holders are like this.
So it's a special NFT project for a lot of people.
Yeah, it's just a very special NFT project.
And now with the governance, the structure, the snapshot voting, the decentralized nature,
comics was always in the DNA.
The Rui always drew comics as well.
So the community picked that up to just further the DNA in a decentralized way, like finding
a way hybrid between the company and the community wallet.
But it is separated, of course.
But it's a very unique project in many aspects.
And all the real diehards are still around.
And maybe you see it as well.
Some big holders and not the bigger names in the industry, the thought leaders, the inspirations.
They come to our spaces, not because we are not cool people, but we are the same people,
right?
We give each other so much value every week.
And we find each other through Bulls on the Block.
And people might wonder, we talk about bulls, but you have a bear PFP.
And Bulls and Bears are one project.
It's of course a different collection.
But this is like the companion collection of the Bulls.
And people got a free mint for bears.
So you could mint your bear for free if you hold it a bull.
And a lot of people did that, of course.
And I personally love this bear so much because this collection holds two very strong characters,
the male and the female, which is quite rare in NFT collections.
And what I find really cool is that the females are ranked higher than the male characters.
So yeah, it's really cute.
And I love building IP on the side as well.
So this is one project with the art that is really dear to my heart as a collector.
That's really cool, Jeep.
That's really cool.
All right.
Well, now I know.
Now I know.
But the significance is behind that every time you say it.
Cool.
Thank you for sharing that.
That was awesome.
All right.
The BOTB community itself.
What is important to the BOTB community?
Right now we're in the middle of a bit of a strategy.
And we started taking a look in December of last year into January.
We're looking at, we're floundering a bit.
Yet again, there was some ownership changes in the fall of last year.
In our pre-show, I mentioned that we had investors who were no longer interested in continuing
in the crypto space.
So the parent company, Bold and Apes Project, which acquired Bulls on the Block, there were
some changes of leadership at that level.
Some of those questions about where the future was going to go and how this was going to
work.
There was a lot of frustration, rightfully so, in the community on yet another bit of
drama and change on the ownership front that's been a bit of a roller coaster ride for Bulls
on the Block, as it is for other projects as well.
And so we got together and we said, OK, what's the strategy?
Where are we going to go?
And this is when Sheep and Big Bull in particular said, OK, we're going to focus on participating
in DAOs because we want to establish our Web3 presence to show that Bulls on the Block is
active, is engaged, cares about the future of Web3 so that we have the right foundation
in place for us to then leverage that to start expanding the brand outside of the Web3 space,
which is a future phase of this strategy.
So right in the middle of the strategy of saying, OK, where are the areas that we can
get involved that allow us to reestablish Bulls on the Block as a reference project,
as a project that is heavily engaged?
And Sandbox is one of those areas.
Sheep mentioned Nifty Island.
We're also very heavily active in the Apecoin DAO.
And so those are three areas where we said that we can establish our presence, make sure
that people remember that, hey, Bulls on the Block from Summer of 2021 is still around,
still here, still engaged, still a meaningful part of the overall Web3 ecosystem.
OK.
So you're involved in Sandbox, DAO.
So when you started focusing on the DAOs, was that in January 2023 or later?
In 2024.
That's this year.
January 2024.
OK.
Yeah.
OK.
So January 2023 saw some changes in the BOTB ownership and Bulls on Ape project.
Yeah, that was the fall of 2023, so October of 2023.
October.
OK, got it.
OK.
So in January 2024, you started shifting focus to DAOs to be good community members and really
plug in that way.
So Sandbox DAO, Nifty Islands and Apecoin DAO.
OK.
And what is a delegation and how is it important to BOTB?
I keep hearing 260,000.
Sheep, sheep, what are we at now?
Sheep, I think we're at around the 200,000.
So we are fluctuating about 200, 300,000 because when you have a delegation, but this is the
Ape delegation and Lancer.
We are talking now with Apecoin delegation.
So we also have a six by six plot, which gives us around 150,000 voting power in the Sandbox.
So people that want to find us for a SIP, a Sandbox Improvement Proposal, can reach
out to us for 150,000 voting power.
And we have a place for them every week on our Saturday, 10am Eastern space, because
we want to hear from the authors.
We want to learn.
We want to educate ourselves, but also our community and just create a good platform
for everyone to learn.
Apart from the Apecoin delegation, we are fluctuating between 200,000 and 300,000 Apecoin
and we are always looking for ways to expand and grow our Apecoin delegation.
And we do that, for example, with Tank Ape and Tank Ape is an initiative where our community
members can participate, creating content, replying on Twitch, creating a treads, making
video content, and then our delegation grows about 2,000, 5,000 Ape per month, because
that's a rewarding system funded by Apecoin DAO also via an AIP.
And we are tapping into that potential as well, which is another Synergy 360 win.
Our community members get some extra Ape.
We grow our delegation, we give a spot for value on our show, which is now also, I think
we can consider it a podcast because it's being edited professionally by Danny and also
and thank you, Danny.
Yeah, Danny is an amazing like you and like what there are so many people with value that
we've met during the years.
And yeah, it's just incredible that the opportunities are here and with every DAO, for example,
the Open Compass, they have the Educhain, there's a DAO too.
So every community asset we own and what I said, we have the little Pudgee, Azuki, Cyber
Kong, Sandbox, Macy, other deeds.
So every asset we have in our community wallet and they have an interesting ecosystem, then
we want to participate as a community and of course our community will also participate
in their community.
So we are really trying to find the cross community DAOs, which is also for everyone
beneficial because then we are not competing with each other.
Like what Anthony always say, there's enough pie for all of us to eat, but he has a real
good one liner for that.
So I can give the mic to him, but that's the pie.
It's his tagline.
For the pie, don't fight over a slice.
Yeah, I agree with that completely.
So an arising tide lifts all boats.
So we are on the same path, right?
And that's why we want to participate in DAO because we have a lot of investors and seasoned
OGs and NFT players and they understand the crypto game and they just want to participate.
This is not with their talent, their time, the treasury, but they feel comfortable in
participating and helping provide value rather than just all take it for their own.
So yeah, this is a positioning that BOTB I think feels really comfortable with and also
the community members.
And yeah, we attract good people.
Let's take a step back on the six by six clock also.
This goes back again to the summer, fall, I think it was the fall of 21.
And Sandbox was just starting to talk through selling Lint and they didn't have public mint
at the time.
It was all done through private sales initially.
So this is before it was publicly available.
And because Bulls on a Block had such a prominent name in the space, we were one of the projects
that was able to work with Sandbox directly and executed the private sale.
And so that private sale was done early on.
We were one of a select number of communities and I mean, those celebrities that were involved
in it too, that was able to purchase land privately.
So the six by six plot was a private purchase directly with Sandbox that we were able to
execute as part of the community wallet.
And that was mid 2022?
No, that was 2021.
2021.
Wow.
How about that?
So you're an OG and I didn't even know it.
Yeah.
Wow.
Okay.
I think at a certain point, Lenz, I think our plot was half a mil.
Yeah.
Dollar based.
Right.
Yeah.
I remember fighting over little 80-bit one by ones and here you are coming in hot with
the six by six.
Wow.
All right.
That's so you're so delegation.
Go ahead.
Sheep.
So you can imagine with the delegation, we all can provide more information like the
sip six with the magic palette that we can finally get some perspective in creating the
user experience we all wanted from long ago.
So this is also a nostalgic project for us and we want to make it so that we can also
show that we finally done it because we see some 3D assets from the beers 3D for fully
rigged playing.
But now we want to go to the sandbox as well.
Yeah.
So help me out.
I tried searching for BOTB and I found one cryptic tweet or maybe it was a face Discord
message that said find me in the left corner of the map and I've been hunting for you and
I cannot find you.
Where are y'all next?
Next to Binance.
All right.
So Bans it down here.
It's like you have a spot with the bull.
We have a six by six.
So it should.
All right.
Can you see yourself from here?
Because I can't see you right now.
I don't see the live stream.
This one.
Oh.
Need the location?
Yes.
What's the location?
The location of the plots are.
Which one do you want to find it 90 it's minus one to six.
And minus one eight eight one eight eight minus one to six minus one eight one eight
one eight eight one hundred eighty eight minus one hundred twenty six minus one hundred
eighty eight.
All right.
You got pretty good eyes then.
I see you scouting all over the land.
All right.
There you have it.
Negative one twenty six minus one eighty eight.
Cool.
Thank you.
I could not hunt it down.
I tried looking up your your wallets.
I tried Google searching.
I tried everything.
All right.
Cool.
So clearly BOTB has a deep connection with the sandbox.
You've been around for a while.
You've been involved almost pretty much since the beginning and and you have a strong delegation
in eight point Dow.
So delegation does that just mean like a block of voters who decided to vote together.
Yes.
So what it means is that each each individual person may have a set of votes for for now.
And a delegation is that those individuals saying hey I want I want this entity to vote
on my behalf.
So in this particular case it's saying I want Bulls on the Block to vote on my behalf.
So if I've got a hundred sand I'm going to delegate that hundred sand to Bulls on the
Block and Bulls on the Block is going to vote on my behalf.
Now the the way Bulls on the Block votes is by putting up our own proposal.
So we mirror the proposal.
So if there's a sip we have that sip on our snapshot and we allow all of the Bulls on
the Block community to vote on on that particular that particular sip.
And so now all of those delegated votes vote based on the Bulls on the Block vote of the
sip.
OK.
So however that vote goes thus follows the BOTB vote.
All right.
Awesome.
And then in order to do your vote you need the multi SIG.
So you need the council to approve.
Yeah.
Right on.
OK.
No.
Makes sense.
OK.
Excellent.
Thank you for explaining that.
I am very, very new to delegations.
I didn't even really know what they were 60 days ago.
So here we go.
All right.
What have you voted on thus far?
You said Magic Pallet.
Have you voted on anything else?
Yeah we voted I think on almost everything.
So from day one sip one two three four five six I think seven and eight.
I think seven we did but eight we didn't because we couldn't get all the signers on time because
actually don't allow delegation the same way as Apecoin yet but they are working on it.
But for the Apecoin we can always mirror the snapshot on our own snapshot and snapshot
is the tool the website where you can vote and it's all on chain.
So what the beauty is with BOTB we you can vote with your BOTB right.
So you can buy one BOTB and you will get more voting power than actually owning 100 Ape
yourself.
So if you buy 100 Ape yourself you almost have less voting power than you buy one BOTB
and you get all those additional cool value from us.
So if you own a bear and a bull you get voting power for both.
Yeah and then yeah.
All right.
So I'm a voter.
Yeah how about that?
Quite influential actually.
So I think you have two right.
I do yes.
So two equals I think at current prices around 150 Ape.
So it's not too shabby.
If you buy the 158 and vote for yourself into an AIP on the Apecoin proposals it is equivalent
of owning two BOTBs a bear or a bull.
Is 150,000 voting power is two BOTBs?
Yeah around yeah.
Okay is about okay.
Cool.
Well I shall wield the power responsibly.
Okay so what criteria do you use to vote on SIPs and how do you vote?
Oh by the way Pepe says thank you for the Magic Palette vote.
Yeah.
Nice little love emoji in the chat.
And he was still reaching out and Anthony I think has a hard stop in 10 minutes.
I don't know when we need to wrap it up.
But we vote what is an accelerating for us as a community to empower us to build in sandbox
to get the consumer experiences that we want to provide right.
And the staking opportunities is good for us because then we can stake in our community
for our community which we can then use to get user incentives to create rewards programs
to get stuff done.
So that kind of things are really important for us.
Governance is also very interesting but for specific people for me, Big Bull, I think
Anthony loves it too.
But just that that kind of side is not for everyone but the major is like what I mentioned
before.
Gotcha.
So you want to empower you want to vote for things that empower BOTB to build the experiences
that you want to provide within the sandbox.
Ultimately we want to see sandbox grow and grow in engagement and similar to Bulls on
the Block sandbox had just a massive amount of excitement when you think about 2021 into
2022.
And we want to be part of reestablishing that.
We want to reestablish the excitement with Bulls on the Block.
We want to reestablish the excitement with sandbox and really get sandbox on the map
the way that we think it should be.
And so it's really important.
The lean is to vote yes.
We want to see activity.
We want to see people that want to build and we want those people to get rewarded.
We want to make sure that these proposals are going forward.
Now it doesn't mean we're going to vote yes on every single one or lean towards yes on
every single one but activity is good.
Getting people that want to build is good.
The ideas might not all be perfect but activity is important.
When you think about a metaverse area the more activity the better.
The more activity that's there that grows that becomes magnetic.
And so we love that the Dow is in place.
We love that there's people that are putting proposals forward.
It's why we have the Saturday Space.
We want authors to come out and to talk about their ideas because that becomes contagious.
It grows on itself and then you get the global effect.
Absolutely.
And Pepe was a shining example of that.
I listened to him go on BOTB a few weeks ago and give his presentation of what the SIP
was.
And you all graciously considered it and provided your vote and that's how it is.
That's how it goes.
So if you are a SIP author as well, Saturday mornings 10 a.m. Eastern, Bulls on the Blocks,
Twitter space, just show up.
Show up and as Sheep says often, it only takes one little click in the bottom left hand of
your phone, that little icon where you can say hello and then tell them what you're up
to.
Even if you're thinking about a SIP though, I would recommend you come on and talk about
it because the more you talk about something, the more you write it down, the more you iterate
through it, the better your ultimate proposal is going to be.
So even if you're thinking about a proposal and you've got an idea or you've got a draft,
come on and chat about it.
It's a good place to be able to bounce the ideas around and help shape your proposal.
Okay.
We have seven minutes.
Let's try and rapid fire this as best I can.
BOTB organizing and communicating mostly through Twitter space, also Discord as I've learned
and Spotify podcast.
Thank you, Danny.
Yes, absolutely.
What other DAO spaces are you involved in?
I heard Apecoin DAO.
Does Nifty have a DAO?
Not a DAO, but a lot of community spaces, so we are there as an invite, as a key community
members.
Okay.
We were one of the first 150 projects that are eligible for their upcoming airdrop.
There's the island token.
If you play and participate in their ecosystem, which is incredible, but we were one of the
first official 150 partners from the launch.
Got you.
For Nifty?
For Nifty, yeah.
Got it.
Okay.
BOTB spaces, is there a specific layout agenda?
If a SIP author wants to come, do they know to come in the beginning or later on?
Yes, we try to keep the show to two hours.
What we do is upfront, we'll do some intros and we go, whoever's a speaker, we just do
some quick intros.
Then we give the authors, so whoever the guest speakers are, we give the authors time to
talk through their proposal and we'll ask them some questions.
If we get through all of the authors, we'll go into more free form.
All the authors are welcome to comment on other proposals as well as their speakers
on stage.
We just ask that the authors get a few minutes to talk about their proposal upfront and then
we go through questions.
Raising your hand is a good way to get your question or if there's a natural place for
you to jump in, we're not super formal about it.
Okay.
That went right into the next question, which was the decorum.
I was trying to learn that, especially over the past few weeks, is do I raise my hand?
Do I find a natural pause?
Is it breaking decorum to come off mute without raising your hand?
It sounds like both, but tastefully.
To get comfortable, raising your hand is an obvious way.
Between Sheep and I, we make sure that we get to people that have their hands raised.
But if you're comfortable on spaces and get where the breaks are and where to jump in,
you're more than welcome to do that without raising your hand also.
Got it.
Okay.
Just make sure it's tasteful and not overly intrusive.
Especially when the authors are doing their intro to the proposal, give them the space
to talk through their proposal.
Okay.
So, working closer than their delegation space.
Yes, Nifty Islands was one of the first 150 projects approved.
So, we're good on that one.
We're blowing right through this.
I think we're going to make it.
We're going to make it.
How do we think about BOTB in relation to other spaces, DALs and organizations?
What immediately came to mind was Mocha CN, other things like that.
We would love to participate more with anyone that hosts these kind of formats.
For example, the Mocha United Grand Hall from GSOS is a beautiful space.
Now it's moved up 12 hours later.
So it's in the middle of the night for me as a European time zone.
But for the Asian time zone, it's very comfortable.
We do the Saturday time slot that will be our time slot because that is the most consistent
timeframe for all of us.
I know it's weekend, so you need to enjoy the families.
But for us, it's like the perfect time slot without competing.
But we would love to get more Asian time zones, Australian time zones into our space, which
is quite hard to do.
But we try to jump in in other spaces as much as we can.
So please send us an invite that pulls on the block.
X account, just send the link to your space and we will try to join with the official
account to your space when and where possible.
That'd be great.
That's awesome.
Okay.
So Mocha CN, if you are Asian or Australian spaces, please send BOTB an invite.
They would love to participate.
And let's close with what is next for BOTB.
What's on the horizon?
Yeah, I think continuing to establish the Web3 presence is the most immediate for us
to continue with Nifty Island, to continue with the sandbox, continue with 8coinDAO.
But then from being supportive in the process, we also want to shift to being active.
I envision Bulls on the Block having proposals in sandbox DAO.
I envision Bulls on the Block having proposals in the 8coinDAO.
So at some point in the midterm, I see us certainly continuing to support, but then
also being more active in those ecosystems.
Midterm, the strategy is for us to then leverage our brand IP to bring in fresh community members
from outside the space.
I think that's over the next 12 months or so.
But the immediate is continuing our support and establishing ourselves as a key delegation.
And then midterm is being more active in those DAOs with proposals of our own, hopefully,
where we're helping to build, not just support.
Awesome.
More participation in the DAOs, building, and expanding support.
Well, Sheep, Anthony, thank you both very much for your time.
Really appreciate you learning about BOTB, what it is you do, and how you vote, and what
your plans are to participate.
Thank you.
Well, thank you.
Thank you, Lancer.
All right, tomorrow, interview with Seb.
And this was Sandow podcast seven with Anthony and Crypto Sheep from BOTB.
Thank you both for your time.