Hello everyone.
Sandow podcast number 29.
Today I have a special guest when airdrop from I love domains and today we're going
to be talking about identity, digital identity, web three identity and then factoring that
into the Dow and how that can relate to us here in the sandbox style.
Tom when airdrop.
Thank you.
I'm really glad to be here.
I feel like a fortune.
So we so we as I mentioned, uh, Dow identity and today's a meet and greet between myself
and when airdrop and also just a conversation to learn and understand when airdrops expertise
and background in identity and how that relates to us from not just web three, but here in
sandbox style.
Yeah, I'm ready.
So when airdrop and I, we do not represent the sandbox game or the sandbox foundation,
which is the Dow, nothing we say is financial legal advice and, and we are not your financial
legal advisors.
So when airdrops, that's true for me.
Did I say anything that's not true for you?
That's a hundred percent true for me.
Right on.
So when we say the term sip, we mean sandbox improvement proposal.
Dow just means decentralized autonomous organization and San Fam is everything in the, everyone
in the sandbox community, whether they be a gamer, a creator, a landowner or a token
holder.
Scoreboard as of a couple yesterday, day before the two Dow proposals, one of them was mine.
The other one was Meta Futura.
Neither of them made quorum so they didn't pass.
Even though both of us had majority yes vote because we didn't reach quorum, it didn't
pass.
So now we're at 37% sips that have not been approved.
That's six and then nine sips have been approved at 56% of the total Dow as close 16 sips at
this point.
So we're about almost half and half that have not passed and all of them have not passed
because of quorum.
So fascinating statistics that hopefully get turned around with the new delegation system.
And we'll find out how identity plays into to all of that with our conversation today.
Checkbook we're still at 15% of the DOWs 15.5 million San has been spent.
211,000 token holders for San and of those 211,000 token holders, only 2000 are voting
in the DOW.
So introductions, my name is Lancer on the podcast host.
I'm a landowner within the sandbox style.
I am a I guess the only other thing that we applicable for our conversation is avatar.
So I'm a four pass holder just like when airdrop is and that is how we met and one of the Forbes
legacy pass holder you were featured in what not last week with the week before in the
Forbes builder round.
So shout out to all the legacy pass holders.
And when airdrop, if you could please give us your your background and introduce yourself.
Yeah, thank you.
Once again, my name is Marcus Andrews.
I am fully docs obviously, you're on screen with you but okay when airdrop I have a platform
or founded a platform called I heart domains which focuses on you know the investment develop
a web 3 digital identity domain names all that good stuff and also host a podcast weekly
called Tech Talk which dives into the basics and even some of the you know some of the
more I guess high level ways that people are using these web 3 domain names to change the
future.
That's me.
So not not just because I was listening a bit not just some of your your podcasts on
on tech talk but also what you revealed during the legacy pass Twitch space.
You're you say you were previously a fashion designer.
Yeah.
Yes.
So my background prior to web 3 and what I'm currently retired from is I was a bespoke
things where fashion designer.
So I designed custom suits and I'm mostly known for shoes.
I designed handmade hand colored Italian leather shoes for men for about six six and a half
years and a lot of clientele that were professional athletes and celebrities.
So what now I'm just fascinated.
I'm just curious.
I've had some suits made myself like whenever I travel and stuff like that.
So were you like you were making the suits or you were like one of the person to the
measurements or you own the business.
How did that work.
Yeah.
So I'm one of the people who did all the measurements to design and sourcing and I had Taylor's
here.
I'm in San Antonio as well.
Like I said.
Oh right on.
Right on.
But yeah I had actually a network of about four or five Taylor's sometimes that would
all do just several different types of work for me.
I had some that would you know were able to do anything from really reconstructing or
constructing the suit from scratch.
Like I said we would do straight the smoke patterns all that good stuff.
Gotcha.
And did you own the business or were you a manager in the business or where.
I know the business is called Sartorial Luxury.
It was my brand I created and started off as footwear footwear was it was and kind of
primarily always was like the what people came in for.
Suiting is something I added and not to make this sound weird but there weren't many people
who could make suits in my city that matched the quality of my shoes.
So I stepped in to do that.
See a need feel a need.
That's how that works.
So you've been you've been an entrepreneur for quite some time then.
I'm a serial entrepreneur prior that I was in the payment space.
And then the payment space.
Gotcha.
Like business payments the back end and the.
Merchant services.
Yeah.
I'm a serial entrepreneur myself so I am I have used those services before some I'm familiar
about that.
A fashion designer and business owner of custom suits and shoes.
That's cool.
And so nowadays you own I'm I heart domains which is focused on domain investment in Web
3.
Yeah.
So I'm externally I guess the part that other people see isn't more isn't really investment
focused in the back end.
You know that's that's an activity that I do that's how I got into the space.
But I guess the service I provide to others or the way people interact with my platform
is more educational and content media and all that good stuff.
Gotcha.
And tech talk is that layered on top of I heart domains or is it separate.
Tech talk is is is a property of our domain so tech talk is the name.
Got it.
And I think I when I counted you're at 75 episodes now.
That's 75 published episodes.
I have about 30 more that I never published.
I didn't figure out.
Yeah I didn't figure out how to upload these and well I didn't even figure out how to get
them off Twitter until I was about 30 episodes.
Got it.
Yeah.
Right on.
Well welcome.
When airdrop Marcus appreciate you coming on to explain your your expertise and connect
on digital identity something that sandbox now that we've transitioned just from like
a bunch of gamers and people who you know mostly anonymous behind a username creating
whether they be NFTs or a token holder.
Now we're actually getting into the business end of Dowship and proposals and entrepreneurs
which you go from you know what creating the NFT and selling it.
Being anonymous is ain't no thing.
But when you start asking for hundreds of thousands millions of dollars you're talking
about people want to know who you are what you've done your resume and doxing becomes
becomes a thing doxing yourself like I'm doing now.
I mean I'm on camera and that sort of thing and the same that you've done.
I really want to get into how identity how we should approach that what what should we
expect that sort of thing.
Can you can you first touch on when it comes to digital identity what have you learned
it has been the core tenants of it.
How do you approach it.
What's important.
Oh yeah so one of the things you mentioned and kind of going into my background into
when I came into it three came in like mid to the top of 2021 like at that bull run.
So I basically lost all of my money and I've just been here coping since.
But when I when I came into this space like anonymity was like really at its peak I think
everyone that they're going to create this big faceless society where we all just trusted
each other because of smart contracts.
And the point that you had just made is like that's cool to an extent like within the degen
circle but then when you really start trying to build something or attract people from
outside of the space like trust really comes from identity.
And so like in relationships exactly like people people have to and it's just I guess
maybe it's just a human thing right.
Is that we will only do so much to an extent until we have to know or build relationships
with people or until we need some sort of I said what do they call it like credibility
or tools or something like that to validate who we're speaking to.
Also through that exact same period of time we had a lot of scams and some of those scams
had to be right.
Are there with bad links.
So that was kind of like the situation that I entered into that made it immediately important
to me in the future you know that I just foresaw that at some point people would need to start
either doxing themselves or creating some form of formal identity that we could use
to make sure we're dealing with who we're dealing with.
So that being said like you were saying like the core tenets of digital identity or identity
in the beginning or to begin with is you know a lot of the benefit or the properties of
the block chain being able to track certain things reputation management or not reputation
management reputation tracking all that good stuff.
You know like I said bundle that in and use that as an asset as a badge of honor people
being able to recognize those things and then you know ownership and that being able to
build upon it.
You know I think that that's the core value of digital identity and it applies to so many
different spaces.
And I'm looking forward to getting into this conversation because like individually I think
digital identity has a different benefit to different communities.
It's not we kind of like simplified or narrow it to like it's I guess you would say it's
core utility which is resolving to crypto web addresses but even that means so much
more.
Yeah and I think I missed the first part when you you named two different core tens of digital
identity I think the second one was ownership what was the first one.
Yeah ownership well in the Web 3 space digital identity the core tenet would be ownership
and then like transparency reputation like reputation transparency being able to immediately
prove you are who you are and you've done certain things.
I hope I'm I know that there's probably a better term out there that's not my reputation's
good.
That's a good one.
Yeah.
I will spell out anything that I'm saying so that anybody that hears this can understand
what I mean.
Yeah.
So what you have so whether you're an ape or whether you have like the best dot IO or
whatever and then reputation what have you done or have you been involved in some of
those shady investments that turned up and rubbed or are you someone who when you backed
a project it came through it followed through.
And that's what I'm saying.
It's it's it's I mean for most people the people who have been involved in something
bad will probably always shy away from wanting to share their shares.
Sure.
Yeah.
But the ones that are really out here building it's more and this is how the light that I
want people to see it.
It's more like you said the showcase what you are doing.
A lot of us are doing multiple things that that are tracked on the blockchain and that
you know resonate with other people that may attract investors if they see those types
of things or they can find you.
Right.
And we see we have all kind of like and I don't think a lot of people realize this but
there's a lot of automatic bots and stuff in the back end that broadcast transactions
and things that people do on the blockchain constantly because like you can.
Right.
People see some of those transactions.
Listen just I'm sorry to kind of if I'm going off the question a little bit.
No no no.
Keep going.
But an example of this is like the E&S sales bot.
Anytime you know the sale is made of an E&S domain through a particular platform there's
this bot that tweets this thing out and I follow this bot and every time I see these
names it you know some of the names make me curious.
It doesn't make me dive into who made that transaction and all that good stuff.
That's all the part of identity is if you are involved in certain things and if these
transactions are broadcast you know which you don't have to give them permission to
be done so someone's interested in something that they saw even if you're not like marketing
or anything like that or doing outreach you might get leads or get business or find partnerships
just because people found you because of it.
That all starts with like I said you got to know who you are.
Gotcha yeah because who you are especially when it comes to like reputation management
what I'm finding in DAOs is that people who request things you know we'll get into that
later but identity I think becomes really really important when it comes to DAO authors
who are proposing multi hundred thousand dollar initiatives and then the voters in that DAO
want to know are you someone we can trust with that sort of money but alright let's
keep going on on digital identity because I think that's going to lay a foundation for
what we're about to get into.
In your podcast episodes I looked at a couple of them or a few of them and the two that
stuck out to me was you did a podcast called Decentralization and Ownership in Social Media
which episode was that?
That was back in October of last year and then you also did one called Tokenize Domains
and that one was in February of this year and the y'all were you had a number of guests
and the things I wanted to focus in on there was were there things that you learned about
ownership or sorry what did you learn about ownership and identity in web three and yeah
those are the two that stuck out for me that really came about for this question.
Yeah in the first episode that you spoke about the centralization and ownership in social
media I think that was right when I discovered Warpcast.
Okay I just discovered that last week so.
Congratulations to you everyone who discovered Warpcast sooner the better and Warpcast will
give in its way it'll give you kind of a glimpse into where this is going and what value this
type of digital identity has right.
So our space has evolved very fast so even like just back then in October we've gone
so far since then so it's crazy going back to this space to talk about this but one of
the things that we were theorizing like it wasn't really a real thing then but we were
speculating on and so I think at the time it may have been and if my memory serves me
correctly when the profile switched over when Elon took over all that good stuff there was
a time I think when X the X profile got taken from the gentleman that owned it that had
the hashtag at X I think the.
Oh yeah yeah yeah yeah the music or something like that something to do with music.
Yeah that one too like like they basically did an imminent domain and took them and so
we were talking about you know that's one of the future potential utilities or values
of owning like your username.
So basically this generation and the generations that are going to come like business is different
people are able to build entire businesses and monetize basically their social presence
so the name that you start off with the name that people's you know know you by find you
by go to your social media your handle that is an asset right but something can't really
be an asset if it can be taken from you that quickly by the platform and a lot of people
learned last year that asset truly belongs to Twitter so it benefits you to start branding
yourself as something that you can actually carry with you now Twitter you can out you
can use your dot ether whatever it is you can use it as your handle and you can brand
yourself that way but the fact of the matter is your account still be shut down and taken
from you at any time so it's only kind of like a band-aid to that to that solution.
It's now going to work cast work cast is a decentralized social media platform that allows
you to port in your digital identity your dot east and it allows you to use that as
your username which cannot be you know changed or taken from you it also allows you to take
with you all the information and things that are like I said that are stored in that blockchain
profile that that reputation management the things that you've done the things you've
collected that becomes part of your asset and it follows you and is incorporated into
what's relevant in that social media platform so that was a context which we're talking
about in that particular conversation.
Then the second reference you made was about the tokenized domains conversation.
It's weird because like the or not weird but it's interesting the podcast I'm about to
do after this is with our partners GBM which they're tokenization platform that is now
kind of the area of the space that our industry is starting to like creep into and I think
we talked about it's a very interesting being the domains yeah right okay remember I was
referencing that we're building bridges from the quote unquote web three or on chain blockchain
domains yes to the additional domain space that's how we're building a bridge back for
them so tokenizing domains is basically the ability to take a dot com dot info dot x y
z anything there's 1500 in s t l d's and you can turn those into domains that resolve
to crypto addresses and that's you also can turn those into nft assets or real world assets
around the blockchain so it's easier to buy sell trade raise capital using domain names
and if any of you guys aren't familiar with the web to domain name space it's like a billion
dollar space with a lot of liquidity flowing through it it's been around for 30 years and
it is and it's a real world asset class it's now coming on chain so yeah was talking to
money about that technology and bringing those domains into this space which is identity
right hope.com can now be coke.com on the blockchain how does that work when you say
on the blockchain like making the.com coke.com and the nft yeah so it would turn it into
a tokenized asset which is an nft is yeah it basically makes a tokenized clone and different
technologies have like different ways that they create like a roots or whatever it is
to to that real world asset most of the tokenized domain platforms that bring domains on chain
the the technology is pretty basic between all of them essentially whoever owns the nft
holds the domain records so the ability to move edit place content on all of that lies
in the hands of the nft holder even though the real world asset i.e. the domain still
sits in you know the web to domain registrars account it's still a web to asset but the
you create another asset that basically has the keys to control what happens with that
asset oh all right and this is being done on salana ethereum or where being done well
right yeah it's being done on ethereum evm chains right now so like base i don't know
if anybody's done this on salana yet so with that being said the purpose of doing that
for reasons right one of those reasons like i explained already is being an asset class
that has a market you know that that market in the traditional world of web to domain
trading you know has some downsides as far as you know um escrow uh payments not going
through all that good stuff or domains those are things that obviously blockchain technology
removes from the equation because you can immediately verify whether something is real
once something's transferred is transferred once a smart contract is initiated it's initiated
so creating that clone on the blockchain that then controls that real world asset essentially
now allows you to treat that real world asset like an nft and gives you those same benefits
got it got it got good stuff got it okay so then and and and the centralized ownership
episode you learned and talked about how an asset isn't necessarily an asset if if it's
a twitter handle that can just be taken from you like happened uh in the early stages of
of the twitter to x transition and for tokenized domains you you were talking about how in
that billion dollar industry bridging webtoons.com stuff into a tokenized almost like command
and control uh i think is what i heard used through like ethereum evm and okay so in now
we're gonna almost hard jump into the metaverse so using using that as a foundation how have
you seen or how have you thought about how digital identity and those concepts we just
talked about integrating into the metaverse yeah so and and i'm going to give you uh
my very very basic understanding of the metaverse which probably mirrors what everyone else
that's not in web three probably pictures the metaverse but a world right a digital
world a digital representation or yeah it's an environment that you enter into and i would
think like the most obvious thing that you would need in an environment where there's
other people would be a way to identify who they are or what to call them yeah right now
we just use usernames and like you know like like lancer or or iheart domains or when airdrop
or whatever and like you're in a you're in something that looks like a minecraft server
if you're in the sandbox at least you it looks like the minecraft and you're jumping around
inside servers within a game client that you install and we call that the metaverse because
it has many different types of servers that are all connected to each other like i own
this server someone else owns that server and people can play and join different servers
as they see fit and we just call that the metaverse um but if you have no idea what
that even means think ready player one and that is like the three uh 4d version we have
on the headset and all that stuff we're not quite there yet um but now you're think think
of like minecraft pc version of that okay um so you guys basically have a closed loop
system of identity correct right um that identity or those usernames only work within the sandbox
ecosystem um that you there is some incorporation of ens so you my my dot eth address is connected
because when i on chain transactions or like i say i sell sandbox nfts where i buy sand
land that is associated with my dot eth account so there is integration but it's not inherent
okay yeah and and basically i mean and that was the reason why i was asking that question
because the main purpose or ultimate purpose of this digital identity uh that that we're
talking about uh the dot eth in this case um would be like like i said you you build
this asset and kind of the i guess the thing that makes it or gives it its value would
be interoperability meaning the ability to move it from place to place or for people
to track that identity in different ecosystems um so with that being said like okay even
though your sandbox identity or whatever is resolving to within the ecosystem has value
only to the people who are inside the ecosystem and and can interact in the same way i understand
what it is or know you by that like everyone else is seeing your dot e well as you say
that that just made a connection i hadn't thought about before the interoperability
of the different reputation systems like one would be the dot eth one would be uh whatever
domain name i have or or a warp caster warp cast um but what what it just connected in
my brain was the sandbox dao is interoperable with the mocha dao which is the mocha verse
and that's related to anamoka ape coin dao so that's also related to apes and ape chain
uh open campus i i don't think they're connected to other side um but there's already many
different networks um so mocha has its own reputation chain so you can have like you
can have a dot mocha badge almost like a dot eth um same thing with open campus and and
then you know apes so the interoperability between sandbox and mocha and apes and even
forbes now so having a forbes badge that to me would probably be um the main connection
between our identities so you've got your your web three um you've got we have we both
have our web web three legacy passes i don't think yet that's been connected to a digital
identity that i can think of when you think of the web three uh pass holders do you feel
that they they're connected to any sort of digital identity yet well it well it depends
on how far they are and i guess their personal journey of understanding the blockchain and
i said the dot easter anything like that so me personally and this is how kind of the
process works one of the first things that i did and actually i kind of messed up with
my legacy pass um one of those things coming from that trust issues and coming in 2021
i used a burner wallet to make my legacy pass oh oh and it's soul bound oh no and so that
okay so so two there i'm gonna make kind of two points here but that ended up itself
as identity soul bound pass you know where that is you know who that holder is and you
know that they can't move that wallet all you now have to do is find someone's legacy
pass i.e. their identity to now see the things that they're collecting with that wallet start
now forming your opinion of what their reputation is to you that's what i mean like that's that's
kind of how that identity works but but now taking it any further what would have been
ideal would have been to put that or mint that pass in the wallet that has my primary domain
name attached to it so that now when people because like outside of like i said within
the sandbox ecosystem or then all the other ecosystems that you're talking about the naming
systems that you guys have you're using that in whatever way you're using that within that
right outside of that ecosystem there are a lot of platforms that people use like ens
addresses for instance and i'll just stick to mentioning ens in this case people are
familiar with it and it works but ens is a dot es are a perfect example there are a lot
of platforms and protocols like the new one ethereum follow protocol all kinds of stuff
that you can easily find someone and what they're doing and what they're holding in
a nice attractive ui just by typing in their dot ease and that that you know somebody typing
in your name and seeing a forbes legacy pass may immediately like i said spark a reason
for them to want to connect with you that's ideally how that would work now it's in a
burner wallet and then immediately the one of the things i ended up doing was buying
another ens putting it into that wallet and then setting my primary so that at least people
can see that that identity is close to my primary identity and they know that they're
working with the right person so the burner wallet now it became your okay got it got
it that's that's fascinating that's that that's again once people get to know you it's it
becomes kind of and i'm hoping i'm using the right words but because like a lot of people
have multiple wallets but you kind of start recognizing wallets yeah based on pattern
of how people name things and because you know ens is is is a protocol that you can
interact with and find if this thing is right find where it came from you know it's it just
makes it easy to interact with it again it's something that's very easy for people who
are currently using this as an identity and reputation you know management and verification
system for those outside the ecosystem though that's the benefit that it provides is being
able to like i said easily search and see people by what they hold them by what they've done
instead of them just being like so again like i was referencing earlier a lot of projects
especially like in in in this tech space where people are quite frankly smarter than other
people you know it's very easy to make believe in clone assets and fake people out into clicking
bad links and trusting people so kind of the purpose of this space and for this type of
digital identity is to mitigate that and help you know create a safer and immutable space
for people to enter into and and as you were saying that it kind of struck me that doesn't
that mean that the wallet you've been your main wallet that mean that you just not abandoned
or dumped but you you had to leave that reputation behind now absolutely i actually have built
some solid reputations i'll say about four or five wallets simultaneously and most of
the communities that i'm in know i have all five of those and i have about 100 wallets
to be honest with you but built an actual reputation in different communities with about
five different wallets so that new wallet the wallet that the forbes is in i'm actually
now uh gonna build out an entire differently new proof of concept that on it and that will
become an identity all on its own okay no my main wallet is still my main wallet got
other main other main wallets if that makes sense yeah and and this is probably where
i can connect it to sandbox so you have multiple wallets with different reputations uh let's
call it because different that different wallets have different activities on them where or
how do you associate them together yeah so like for instance and and any people who are
like in i'm in now niche communities right and it used to confuse a lot of people at
first but i use a burden again i use a burner wallet typically when i'm interacting with
anything with with smart contracts with daps with cool fun stuff that i saw on twitter
i don't want to get rugged so i use a burner wallet but i named my burner wallet i named
my burner wallet as part of an experiment of bringing uh two domains on chain i use
dns sec to turn that domain into an ens i then named my burner wallet using my dns name
so one of my burner wallets is defi wallet dot id um if you are ever in an auction with
me or ever you know in uh if we're ever voting on a proposal or something like that where
i'm using that wallet that's what you will see and i've had to explain to people that
that wallet is completely different than my well i've had to explain to people that that's
me like i've had to do that so many times people bidding against or wondering who is
this guy um that like i said i mean now in those communities people understand that that
wallet's my burner and then of course i heart domains dot eth is one of my mains i've got
several other mains uh but yeah i i name all of my wallets the wallets that i use and i
utilize because i want to make it easy to explain to somebody that's me and they're
able to easily connect that that's me because instead of having to remember a bunch of random
numbers they can see a visual representation of what i named the wallet it's literally
named burner dot i heart domains dot eth i mean you kind of you kind of know so as you
as when you're interacting with people and you start to reveal the connections with your
different burners and main wallets what are some of the pros and cons that you found by
by doing that uh getting people to stop bidding against me uh that's one really okay because
they know like they know they know what you can do they know where they know who it is
like there's in in a lot of communities what well so for in particular i love um if anybody's
not familiar with nouns or verbs or any of those nanos ecosystems uh please get familiar
especially if you love to do like public goods and help other people but it's really a curated
community they onboard people one day at a time like you have to to win their auctions
um and and which auctions are these what was it called they hold their own daily auctions
every single day they have uh nouns has been doing it for the past three years uh verbs
this year uh and that's what they're designed to do the contract will pop out one piece
of art that gets bid on every single day forever nouns dot wtf uh-huh then all the money from
the the auction goes into a treasury and then all the members of that of the dow now uh
collectively vote on how to use those funds and nouns is a really really big example of
like a public goods now they've built a bunch my point being is that because so perfect
example if you have built a dow like this right with a sizable treasury i think nouns
treasury was 20 million a little bit earlier this year but east has done what it's done
but you have the advisable treasury that's been built by the members of this dow you
may have a bad actor that wants to come in to try to start collecting pieces in order
to now collect the vote and start manipulating what to do with the funds right being able
to see who people are when they're voting and when they're bidding i mean like it's
just to be honest i mean members of the community want to know who's entering their dow yeah
and so being able to explain again like this is me you guys know who i am this is just
my burner account um that that can help you know prevent people from bidding out bidding
because there i mean some people will outbid you just to prevent you from joining the dow
gotcha gotcha so this nouns dow once you meant one that i'm not saying nouns would be there
let me make that clear anybody listening and it's not an accusation of nouns i'm saying
that the dow mechanics i mean that is that that is a tactic to in order to to you know
to kind of keep your community closed or like-minded one of those tactics is to deny them the ability
to get that nft that's their membership card into the dow okay got it got it so then you
you associate your your different identities on like your profiles your interactions where
you reveal that to people and and the the biggest pro that you've seen is that the weight of
your reputation with those different wallets and different patterns of behavior it kind
of brings with it a certain gravitas that may make someone be like hey i'm not going
to go up against this guy because pound for pound is just not going to end well i don't
know if that's necessarily the the the respect to people have my wallet but definitely a
respect perspective right and in but i definitely so in but flipping that script and i'm glad
you use that as an example um in the nouns community definitely we have some whales right
and i've i've backed out of you know auctions because of that um seeing who's bidding on
oh okay yeah because yeah if you if you know who that person is and you know what's in
that wallet you know what's in yours i mean it gives you a clear sign of what you're going
up against it helps you you know either come up with a plan or pan it all together again
all of these things so yeah i've certainly used the others digital identity in that way
to perceive you know whether or not it was worth it to to enter into something i follow
people so that as well um i'm very bullish on base so again shout out to that i've only
just discovered that like a couple weeks ago too congratulations again world's about to
about to change hey a lot of those mints are almost zero so if you're watching this i i
wasn't sure what to make of that but most of the mints and a lot of those nfts all you
have to do is pay a gas fee and it's still like one for one almost ethereum on on on
ethereum's main net and then bases main net and basis means coin basis uh chain but it's
it's almost free you just pay gas one of them's like 0.00001 eth which was like 17 dollars
so i was just started like minting like crazy yeah that was um when i first joined workcast
and when frames first got introduced almost all of those free mints turned into something
a lot of airdrops really behind those okay some of them ran up to being worth like having
offers of 100 150 dollars each on them yeah it was it was a nice time not financial advice
just noting the facts that's all they say in that time i come back uh and congrats to jesse
i know he just took a role with uh coinbase wallet in addition to running base chain so
yeah they're definitely going to bring normans into the space uh i use them as an onboarding
tool for irl events uh but going back to what i was saying on the base thing um there's
a platform over there that's similar-ish to like punk.fun i would say uh it's more of
like a project launch so you can launch like membership clubs but most people use it to
launch or crowdfund uh token raises and i use that so anyone who has set their their
ens records or any records right if you've set a dns record to ens blah blah whatever
it is whatever uses your primary identity you're able to go into these projects as they're
raising uh and when you're making your decision whether or not to enter a project i mean i'm
gonna look at the list and see who's in you know who's already in and what they've donated
i've used that quite a few times to make my decision whether to enter a pre-sale or not
and some people usually always works out well if i'm in there in the projects that they've
entered into. Gotcha. So that that's that's a fascinating sort of uh i think interoperable
is the right word when you mentioned that earlier i think that really starts to connect
the dots as to what identity really means and and for sandbox we have uh kyc and kyb
now so know your business and that's that they haven't on board it fully but as a business
myself i'm getting kyb'd from my meta worlds group which is a publisher of different experiences
so think the minecraft servers that i mentioned my business owns a couple of those servers
um that people can join like once a mini game where it's almost like fall guys you're trying
to outrun the platforms and try and be the last one to survive and then the other one's
like just like uh survive as many waves of enemies as you can for as long as you can
and so we published two of those experiences and in order to be eligible for specific things
in the future like rewards or or payouts we have to kyb now um whereas before you didn't
all you all you had was your your kyc on your personal account and they somehow associated
that with your business account so now they're they're they're separate and distinct but
a lot of people still elect to not kyc at all um and but in the sandbox it's it's now
true to where if you want to claim a a cryptocurrency reward um so if you complete an experience
and it gives you sand tokens in order to claim those sand tokens you now have to have kyc
enabled on your account and sandbox so they're starting to integrate kind of the the aml
anti-money laundering and and know your customer laws that are expected in more mature markets
and systems and it i'm seeing different i'm seeing different things like predictably some
are going to not want to be doxed in any way so they they kind of fall out of the community's
limelight but others are starting to um kind of self-docs themselves as they kyc and kyb
say hey um i'll i'll show up on lancer's podcast and enable my camera um now especially since
it almost seems like it doesn't matter if i'm kyc and kyb and that's some interesting
dynamics i'm starting to see in in the sandbox itself um but it sounds like you're already
there for where you are in in the domain system did i accurately connect that or am i off
base oh yeah so kind of like i was saying earlier um the world is real right it it sounded
nice and for some people i mean more power to you um if you're you're able to pull off
the anonymous thing and you know create you know the success that you're looking for in
the space but for those who and and i think a lot of this kind of came because of what
came after i entered the space remember like i said came in towards the top of something
and then we kind of hit this brick wall in this air market and the only way for a lot
of people to really build and cope with each other came through connecting uh interestingly
enough is like through the bear market when the market was at its worst is when we started
having like the best irl events so during that same time yeah yeah yeah okay we all
stepped out of the box because this is how we stayed like this may have been how we stayed
alive a lot of people came from behind the shadows to show that they were real people
and this became more about community utility during this time this is where these concepts
started to evolve from and can't really be a community if you can't connect with someone
you can't connect with someone if they're just you know an anonymous picture behind
the screen so so there's that part but then like i said this is the real world if you're
building economies online or on chain that can generate revenue you're you're now you're
you're stepping into the rules of business at this point and the nerd stuff kind of has
to go out the window like you have to adapt start trying to implement these things so
we can bring real capital into the space and real capital has to know where they're putting
it i'm i'm typing as fast as i can i think i think we just arrived at the point right
there that that you started with can't be a community if you can't connect with someone
and this being the real world when you start building economies online on chain and generating
revenue people's savings their future their families become implicated in all of this
you start stepping into the rules of business and and like you said that nerd stuff the
like the whole i want to i want to be behind the shadows and don't tread on my identity
and you're not allowed to know who i am like that starts to you start to get excluded from
the opportunities where you know those holding bags people want to know who's holding the
bag who's touching the bag who's who's getting those undisclosed payments like i think we
just arrived at it right there we were getting we were getting rubbed left and right and
the only way for people to start getting people to trust them to met their project now has
to come out and say hey now i'm a real person you trust me maybe so yeah and and that should
have always been a thing and now it's kind of at least in my space is to norm there i
don't think i don't know what anybody i talked to doesn't look like yeah so i'll connect
it here to sandbox because i now that i we find i figured it out there with with what
you just said in the in the sandbox dow i i've submitted six improvement proposals at this
point one of them just went um to vote and as i said it didn't make quorum um there's
there's a lot of disunity in the sandbox dow with the way it was way it came online it
generated a lot of mistrust and cynicism and and so there's a certain segment of the sandbox
dow that just refuses to vote there's another segment that hasn't doesn't even know what
the dow is yet doesn't know that they need to vote they don't care to vote there's too
much kerfluffle going on too much arguing they're like i don't even want to deal with
the drama because at its core sandbox is a game so you've got like a bunch of gamers
right a lot of people who are still in in the old mindset of being anonymous and and
i don't want anything to do with kyc unless well i guess the bag that sandbox is offering
me is big enough so kind of risk worth reward all right fine i'll show him my driver's license
or whatever so so we're starting to we're still in that phase i would say whereas the
dow is like you want to spend hundred how many hundreds of thousands of sand tokens
um that you want to take how many millions of dollars yeah we better know who you are
and what you're about and so these two things are are right now colliding in the sandbox
dow and i didn't know what to make of it i'm i respect the people who want to stay anonymous
stay in that gamer realm and the dow is here people are asking for money and i don't know
how to reconcile that um is there anything go ahead no go ahead i'm i'm i'm taking in
that scenario and that sounds like that sucks so you literally can't get enough votes to
make one because people either want to vote or don't want to kyc to vote uh um either
you can you can vote as a token holder without being kyc'd you just can't claim you know
rewards within the sandbox community but it's either they don't want to vote because they
don't agree with what the dow is and how it came to be or they don't know or don't care
to vote because they're gamers and why do i even want to participate in this this council
stuff and the way your dow mechanics i guess are hard coded is you still need them to vote
anyway right right if you hold if you hold a sand token every one sand token is one vote
and every land is 4 000 votes so uh and the sandbox universe there's 166 000 lands that
you can purchase as nfts or 3 billion sand tokens are in circulation so that that's where
i mentioned the 211 000 holders of of either token either sand or nfts um so there's 211
000 but only 2000 voters in the dow who have a registered vote that's a huge disparity
and what i was talking about that going on right now i just i don't know what to make
of it man and i was and in this conversation i've been really like kind of queuing in on
how do we even approach that what what do i even frame the the conversation as yeah
it just and yeah it's so transparent i don't have an answer because i'm hearing that and
i'm like yeah that's okay that's okay i don't know i don't answer either but um you know
off the top of my head i mean it just needs to be some kind of i guess tallying initiative
to get people to understand the value of voting and what it does for their ecosystem and how
it benefits them maybe some easier way to vote i don't know i don't know what the process
is now um but right now it's just through snapshot they can present a snapshot and then
people vote is it a it's a full web3 process login with wallet right right you log in with
your metamask wallet and if you own the token then you can vote um but you're right the
education piece is lacking big time yeah that and then like kind of what i just mentioned
like that that process might seem super simple to us just how we say it it's just a snapshot
vote you say that to somebody like that's just a gamer that onboarded through their
friend that learned barely web3 to get on here and game they may hear that and be like
i don't know what that is and that's hard whereas things like warpcast have made it
easy in frames to just easy vote with something because it knows what token you have because
guess what you're logged into it with digital identity so those type of things like better
ui and stuff like that might help incentivize people to vote because you're putting it in
a place where it's easy and effortless to do so i don't know but that just depends on why
they're not voting again if somebody's not voting on it because they hate the dow then
i mean nothing you do yeah it's it's so widespread it's so varied like the dow just kind of came
out of nowhere there was no announcement about it there was no warning it was suddenly may
27th and it was we were just going along happy go lucky and then may 28th there's a dow and
there's three proposals we want you to vote on and and everyone was like whoa whoa whoa
whoa and and the proposals were 15 million dollar budget and approved the special counsel
and then approved the the dow foundation as a legal entity in the cayman islands and it
was just like bam bam bam and some people were like whoa i don't even know i don't even
know what this is and and i was just one of the ones who just started googling and and
youtube and everything like what is a dow but how do you how do you participate in a
dow so so that's crazy so the dow thing got forced on y'all um some people would use the
word forced um the way they explained in the amas they being the special counsel and the
dow administrator who helped became a consultant kind of um explained as they've been working
on it for the past eight months um but they've been working on it in secret so they you know
they didn't tell anyone about it and then it just was here's the dow ready made go vote
and then that's why you have half the people saying i don't i didn't participate in this
i didn't get consulted in this it's supposed to be for the community right the community
had nothing to do with the formulation of this thing so i'm not going to vote at all
that's like a segment of the the dow right there and then on top of that you have the
gamers who's like i'm not about to to dox myself in any way to participate in this i
just want to play the game it's it's crazy man but there's a lot of money at stake uh
like sandbox is owned by anamoka anamoka is the largest web 3 company in the world with
over 400 subsidiaries um it they're a mammoth and and they have the mocha reputation system
and now you've got the sandbox reputation system with the voting and the dow's and the
proposals it's it's i'm just trying to keep up man yeah somehow the people that created
this just need to create a bridge of trust and communicate why this isn't the best interest
of everybody there you go that's what's got to happen and then like i said if you make
a system or integrate a system that's a little bit less invasive so i know that your ecosystem
has its way of doing kyc i think there are other ways to do kyc and create like um uh
what do you call it like the bab tokens or there's reputation tokens that can be done
by a third party so a person is not necessarily kyc to the dow their kyc into a third party
that then gives them a token that certifies that they did kyc we know who they are in
the event of some criminal uh you know investigation there's an agreement that will release that
identity to a to a government entity but not just because we feel like it got you and then
that if it's sitting inside of an interoperable identity can then be used to move around and
in in environments like like i said like warcats um and sorry i've got to actually hop on no
no i got you we i think we arrived at the end um the people who create the same mucks
down need to create a bridge of trust i think is where we arrived toward toward the end
here well marcus thank you for your time man this this helped me out i know you and i we
we we had a way we wanted to approach it but we weren't really sure what the end result
looked like i think we got there right at the end is at this point i just need to further
the conversation like have people who know what they're doing in an in elder places and
then what does that mean for us in the dow here in sandbox thank you for your time thank
you for having me on i appreciate it right i look forward to being on tech talk yes sir
i look forward to having you on as well and i hope everybody stays tuned for that all
right marcus take care thank you
well all right so that was an example of um planned improvisation marcus and i we i heard
marcus talk on on forbes the the forbes legacy pass holders i think was builder around three
or four and he was on with who were his cohorts it was chinsanity and g as us cad stojo i
hearts domain was part of that and when i hearts talked so marcus when he talked uh
he was very um eloquent and articulate in the way he talked about domains and identity
and it occurred to me as he was speaking sandbox has this issue uh this this dilemma in in
dealing with identity and how it relates to do you docs do not docs do you kyc which stands
for know your customer uk yb which is know your business in order to you know be eligible
for rewards or payments or to to receive money um all of these things are just kind of battling
it out uh the center stage and behind the curtains within the sandbox and the sandbox
dow which the sandbox style has only been in existence since may 28th and most people
didn't even know it was coming so we're grappling with the realities uh that marcus said and
some of the things he said that really really stood out i think at the very end there we
got right to where i wanted to be which was those those who it was when you go from you
know gaming to building economies and yet sue talks about this all the time that that
web three is about building new ways of doing things building economies building what was
was the way he said it it was he it was during his ted talk and during yet's ted talk he
talked about how web three was the building of new societies and new ways of doing things
and and that's what i heard marcus echo right here when we talked about anonymous anonymous
universe integration and the pros and cons of it um when you start building economies
that start generating revenue and wealth you start stepping into the real world and in
the real world people want to know who you are before they start handing you hundreds
of thousands and millions of dollars or millions of tokens like that's wealth stuff and that
starts bringing in families and success and goals you you gotta in some ways mature your
your understanding or your your that was i just lost my camera but you've got to be able
to mature past just simply saying i'm anonymous and you can't know who i am it's good for
if you don't want to partake in a lot of these these things that like rewards and and being
the beneficiary of a lot of money or a proposal from the dowels but if you do want to get
involved in that we gotta know who you are and and where marcus said that there are ways
to kyc like the third parties that he mentioned at the end there maybe that's the way we do
it instead of show me your i your driver's license and people know where you live like
that's maybe that's a bridge too far um so this was a really good episode for me in terms
of how do i approach that what what do we do when it comes to how far do we take kyc
and kyb our proposal sip authors especially when they start wanting hundreds of thousands
of sand like a lot of the sips are one of my sips for um for revenue options to explore
revenue is going to ask for a few hundred thousand sand to pay real professionals and
it's like fortune 500 companies to churn out plans that can make the dow money um some
lessons we learned from the eight coin dow to to dress that stuff now you know what what
is the degree of of of awareness do people need to have in my resume for that that's
the sort of stuff and questions that we're trying to grapple with because if you don't
try and figure out now you will have to figure it out later it's just there's there's 15.5
million sand that the sandbox dow has 15.5 million sand and that's uh almost it's going
to be a yearly budget that the sandbox gives the sandbox dow so we got to be ready uh and
we've got to mature so i'll leave it there marcus marcus left with the people who created
this need to create a bridge of trust for the community and i think that's the right
answer the special counsel the advisory board the dow team need to create a bridge of trust
because they started off with a surprise here's the dow on may 28th and five proposals that
need to be voted on um and they all passed they passed uh through a measure of people
were excited that there was a dow now associated with the sandbox but the skepticism and the
backlash quickly followed and it still exists to this day a lot of it is still existing
to this day the skepticism and the mistrust there's a lot of mistrust so so much of the
of this needs to be bridged and reconciled between the community and leadership so oh
looking in chat Ian the it guy thanks appreciate that uh said that the the sandbox have the
last say and and don't work every sip sandbox like uh get the sandbox like the red cross
oh right yeah yeah so um there there's definitely some some trust that needs to be built there
so we'll end it there uh let's get into the these right here are going to be i'm going
to be part of my upcoming episode on the sandbox ecosystem in the sand fam so this what is
sandbox i covered just the other day when i talked about the delegation system that
arrived that was podcast number 28 and then sandbox layers i have a upgraded version of
this when i i do my next podcast about sand famine ecosystem so for future episodes the
the very next one i have is to shea on tuesday so we confirmed that last night we we got
the right now i think 1718 up votes and yeah so to shea is on tuesday talking about a sandbox
studio perspective and then after that a few days later i'll go over the sand fam and the
sandbox ecosystem that one's going to be very data driven i have a lot of flow charts whereas
to shea will be the conversation to shea almost needs no introduction if you've been in sandbox
community um beto said looking forward for the next one absolutely thanks for for joining
us in the chat beto's appreciate you with that we will sandbox spaces discord dhal forums
twitter there's mocha verse on mondays pulls on the block on saturdays coffee with captain
monday through friday well members natively digital on tuesdays they just launched their
dhal go check them out because big things are happening in well members it's one of
the largest nft collection folders of all time uh well members is what they're called
and and you know them uh by their moniker whale vault um that that's when you look at
their collection on open sea or go to a whale dot me and then last one is sand fam cafe
which is done monthly uh pickaxe master that was he's the podcast host and that was sandal
podcast number 17 done in august we interviewed bruno also known as pickaxe master thank you
all for your time thank you for your attention this was a really cool episode on the identity
for web 3 and the and how we can apply that to the sandbox style and the metaverse thank
you have a great day