1 00:00:00,000 --> 00:00:07,520 Hello everyone, Sandel Podcast number 33. 2 00:00:07,520 --> 00:00:14,600 Today is going to be about the Medium article that the sandbox team posted about a week 3 00:00:14,600 --> 00:00:25,640 ago and it is published on the sandbox team medium, but it's written in the voice of the 4 00:00:25,640 --> 00:00:30,160 DAO admin team, so I'm pretty sure this is written by the DAO admin team. 5 00:00:30,160 --> 00:00:32,520 I'm going to be doing a reaction of it. 6 00:00:32,520 --> 00:00:36,640 It's called progressive decentralization, SIPs in the sandbox DAO. 7 00:00:36,640 --> 00:00:40,240 It's like a status update of the past five months that the DAO has been active since 8 00:00:40,240 --> 00:00:44,880 May and some of the things that they intend for the way ahead. 9 00:00:44,880 --> 00:00:50,600 So the scope of the talk is today's about the news, the DAO news, and then some commentary 10 00:00:50,600 --> 00:00:51,600 behind that. 11 00:00:51,600 --> 00:00:55,480 I had a number of things that I pointed out in the article. 12 00:00:55,480 --> 00:01:04,000 I posted everything that I'm about to go over in the discussion forum under sandbox DAO 13 00:01:04,000 --> 00:01:11,200 general, and in the general, if you scroll down, you'll see my post called discussion 14 00:01:11,200 --> 00:01:15,560 on DAO teams medium article, and that's for I'm about to read from. 15 00:01:15,560 --> 00:01:21,160 Some other DAO news that happened is the new communications manager was revealed. 16 00:01:21,160 --> 00:01:26,760 Bobby Kunta, who's been an ambassador for quite some time, I covered him in Sandow podcast 17 00:01:26,760 --> 00:01:29,160 32 reacting to his intro video. 18 00:01:29,160 --> 00:01:30,160 I loved it. 19 00:01:30,160 --> 00:01:31,160 I love his mindset. 20 00:01:31,160 --> 00:01:36,440 I love where his head's at, and I look forward to seeing the many things he said unveil where 21 00:01:36,440 --> 00:01:39,200 Sandfam will work it out together. 22 00:01:39,200 --> 00:01:45,600 So he introduced himself in the general tab, a general forum on Sandow, general forum on 23 00:01:45,600 --> 00:01:51,440 the sandbox DAO forums called introducing myself as the DAO's new communications manager. 24 00:01:51,440 --> 00:01:57,320 So check that out full of good info, his goals, everything else that's going on. 25 00:01:57,320 --> 00:02:03,360 And last but not least, take a look at the sandbox DAO YouTube channel, which is where 26 00:02:03,360 --> 00:02:07,880 his first channel is Kunta's first video was. 27 00:02:07,880 --> 00:02:14,380 You're going to see it there and you'll be able to hear from him yourself. 28 00:02:14,380 --> 00:02:22,840 And if you go to Sandow podcast 32, I play his video and then I also react to it. 29 00:02:22,840 --> 00:02:26,520 So today though is about the medium article. 30 00:02:26,520 --> 00:02:31,760 And the disclaimer is that I do not represent the sandbox game or the sandbox DAO foundation. 31 00:02:31,760 --> 00:02:35,280 I am not your financial legal advisor and nothing I say should be taken as financial 32 00:02:35,280 --> 00:02:37,160 or legal advice. 33 00:02:37,160 --> 00:02:41,280 When I use the word SIP, I mean sandbox improvement proposal. 34 00:02:41,280 --> 00:02:45,400 When I say the word DAO, I mean decentralized autonomous organization. 35 00:02:45,400 --> 00:02:49,760 When I say the word SAMFAM, I mean everyone in the sandbox community who participates 36 00:02:49,760 --> 00:02:53,600 in the people, purpose, and products of the sandbox. 37 00:02:53,600 --> 00:03:00,520 If you want to see what I mean by that, that's basically a sandbox ecosystem, which was covered 38 00:03:00,520 --> 00:03:05,320 on Sandow podcast 31. 39 00:03:05,320 --> 00:03:09,260 And it looks a little bit like this. 40 00:03:09,260 --> 00:03:15,560 So the SAMFAM would be the gamers, game makers, voxel artists, landowners, sandholders, DAO 41 00:03:15,560 --> 00:03:21,360 delegates, participants, sandbox team, and then also to include all the business partners, 42 00:03:21,360 --> 00:03:26,160 Animoca brands, the sandbox company, voters, delegates, sandbox foundation, council, and 43 00:03:26,160 --> 00:03:27,800 working group of the DAO. 44 00:03:27,800 --> 00:03:30,000 That was Sandow podcast 31. 45 00:03:30,000 --> 00:03:33,640 But we're on Sandow podcast 33. 46 00:03:33,640 --> 00:03:35,160 Core board has not changed. 47 00:03:35,160 --> 00:03:40,680 The SIPs have been paused for the time being while the DAO admin team works through the 48 00:03:40,680 --> 00:03:47,120 delegate interviews and chooses who's going to be the delegate for the sandbox DAO delegates. 49 00:03:47,120 --> 00:03:49,760 That brings us to 16 SIPs that are closed. 50 00:03:49,760 --> 00:03:51,520 Nine were approved. 51 00:03:51,520 --> 00:03:53,840 Six have been not approved. 52 00:03:53,840 --> 00:03:56,580 And all of them were not approved because they did not reach quorum. 53 00:03:56,580 --> 00:03:59,120 And one was withdrawn. 54 00:03:59,120 --> 00:04:05,600 The direct book 15.5 million sand has been, is our budget and 2.3 million sand or 15% 55 00:04:05,600 --> 00:04:09,760 of that budget has been spent on SIPs. 56 00:04:09,760 --> 00:04:22,320 We're at 211,000 token holders, which amounts to 2,200 voters across 13 SIPs and who have 57 00:04:22,320 --> 00:04:25,760 casted 9,200 votes. 58 00:04:25,760 --> 00:04:26,760 My name's Lancer. 59 00:04:26,760 --> 00:04:29,160 I'm the Sandow podcast host. 60 00:04:29,160 --> 00:04:35,520 I've been in the SanFam ecosystem since December, 2021. 61 00:04:35,520 --> 00:04:40,920 And I'm president of MetaWorlds where we published Floor Droppers and Lava Defense. 62 00:04:40,920 --> 00:04:45,880 Floor Droppers is now part of season four as Zero Zero should be releasing here in the 63 00:04:45,880 --> 00:04:47,680 next few days. 64 00:04:47,680 --> 00:04:52,840 My professional background is in contract writing, contract negotiation, and program 65 00:04:52,840 --> 00:04:54,600 management. 66 00:04:54,600 --> 00:05:01,800 So the Dell was announced May 28th, so about five months ago, it was announced via a medium 67 00:05:01,800 --> 00:05:05,440 article and a lot has happened since then. 68 00:05:05,440 --> 00:05:09,120 AMAs, SIPs, open and closed. 69 00:05:09,120 --> 00:05:13,760 On October 7th, they posted another medium article, they being the Dell admin team to 70 00:05:13,760 --> 00:05:22,480 update us on everything that they've taken into account since May 28th and the look ahead. 71 00:05:22,480 --> 00:05:29,880 And then yesterday announced the communications manager, Kunta, which was October 14th. 72 00:05:29,880 --> 00:05:36,760 We'll be discussing the medium article today and all of my, all the comments that I noted 73 00:05:36,760 --> 00:05:37,960 along the way. 74 00:05:37,960 --> 00:05:43,440 I'll just be reading through it and then noting my comments on the side. 75 00:05:43,440 --> 00:05:45,680 And that's all I'll be doing to read through. 76 00:05:45,680 --> 00:05:50,420 If you have any community questions, just post them in chat and I will answer. 77 00:05:50,420 --> 00:05:57,400 So the medium article posted on October 7th, it was called Progressive Decentralization 78 00:05:57,400 --> 00:06:01,360 SIPs and the Sandbox DAO, about a seven minute read. 79 00:06:01,360 --> 00:06:08,200 Starts off with, the world of decentralized autonomous organizations is rapidly evolving 80 00:06:08,200 --> 00:06:12,600 and launching the Sandbox DAO has been a careful process. 81 00:06:12,600 --> 00:06:17,240 We've studied the journeys of other DAOs, learning not only from their successes, but 82 00:06:17,240 --> 00:06:19,100 also from their failures. 83 00:06:19,100 --> 00:06:28,220 So I noted, the first thing I noted was there and I really wanted to take a pause to say 84 00:06:28,220 --> 00:06:34,040 that I really applauded the DAO admin team studying other DAOs. 85 00:06:34,040 --> 00:06:40,320 And it's clear that they've put in a lot of effort into the Sandbox DAO, a lot of thought 86 00:06:40,320 --> 00:06:42,920 about how it's structured, how it should be run. 87 00:06:42,920 --> 00:06:45,600 And I want to applaud them for their effort. 88 00:06:45,600 --> 00:06:48,720 And a lot of what I'm going to say, some of it may seem critical. 89 00:06:48,720 --> 00:06:52,080 Some of it may seem skeptical. 90 00:06:52,080 --> 00:06:57,040 I promise it's said with the best intent, leaning forward toward us all being the Sand 91 00:06:57,040 --> 00:07:03,800 fam and I'm offering my input in order to make it better. 92 00:07:03,800 --> 00:07:06,040 I want the DAO admin team to make it better. 93 00:07:06,040 --> 00:07:07,760 I want to make it better. 94 00:07:07,760 --> 00:07:13,940 Most, if not all of Sand fam wants to make the DAO better in some way, shape or form. 95 00:07:13,940 --> 00:07:16,160 So this is my input into that. 96 00:07:16,160 --> 00:07:20,240 A lot of this is both based on my experience, I've been a SIP author. 97 00:07:20,240 --> 00:07:23,840 So I've authored five or six SIPs at this point. 98 00:07:23,840 --> 00:07:25,840 How many was it? 99 00:07:25,840 --> 00:07:26,840 Six. 100 00:07:26,840 --> 00:07:35,780 I've authored six SIPs at this point and submitted them for consideration. 101 00:07:35,780 --> 00:07:37,600 And so I've seen that process play out. 102 00:07:37,600 --> 00:07:40,480 I voted on all the proposals. 103 00:07:40,480 --> 00:07:50,400 And so I'm confident that I have a fairly good handle on what I've observed and that 104 00:07:50,400 --> 00:07:57,360 I'm informed on some of these things and the way I respond to them. 105 00:07:57,360 --> 00:08:00,320 But they're all meant to be positive leaning. 106 00:08:00,320 --> 00:08:03,840 Okay, so the next paragraph in the article. 107 00:08:03,840 --> 00:08:07,800 One common mistake we've seen is the rush to full decentralization, which can result 108 00:08:07,800 --> 00:08:12,880 in a lack of strategic direction, inefficient resource use, and governance deadlock. 109 00:08:12,880 --> 00:08:17,640 To avoid these pitfalls, we've adopted a strategy of progressive decentralization, a gradual 110 00:08:17,640 --> 00:08:22,840 transition that ensures we fully empower our community without sacrificing stability or 111 00:08:22,840 --> 00:08:23,840 focus. 112 00:08:23,840 --> 00:08:31,240 Aggressiveness, my note here was that progressive decentralization is a term that Cyril and 113 00:08:31,240 --> 00:08:35,080 Seb have spoken on quite a number of times. 114 00:08:35,080 --> 00:08:41,800 And I have a note on it later, but the second note I had was in the first part of the sentence, 115 00:08:41,800 --> 00:08:46,720 they said one common mistake we've seen is the rush to full decentralization. 116 00:08:46,720 --> 00:08:55,440 And my remark there was in the DAO admin team study of other DAOs, did they come across 117 00:08:55,440 --> 00:08:59,880 any pitfalls and mistakes indicating too much centralization took place? 118 00:08:59,880 --> 00:09:07,120 And what did that look like as a mistake that they learned from? 119 00:09:07,120 --> 00:09:09,880 The next section in the article is the TLDR. 120 00:09:09,880 --> 00:09:15,080 First bullet is gradual transition and a phased approach help avoid governance deadlocks and 121 00:09:15,080 --> 00:09:18,040 inefficiencies experienced by other DAOs. 122 00:09:18,040 --> 00:09:22,400 Patience and coordinated constructive communication are key to success. 123 00:09:22,400 --> 00:09:26,200 The next bullet, strategic guidance comes from a special counsel. 124 00:09:26,200 --> 00:09:29,200 While the community is represented by an advisory board. 125 00:09:29,200 --> 00:09:34,480 What I noted here was the strategic guidance that comes from a special counsel. 126 00:09:34,480 --> 00:09:39,600 Could the DAO admin team please provide a few examples of past strategic guidance from 127 00:09:39,600 --> 00:09:42,920 the special counsel and to whom that guidance was given? 128 00:09:42,920 --> 00:09:49,080 I don't think I've seen an example of that strategic guidance, so I'd like to know what 129 00:09:49,080 --> 00:09:51,080 that looks like. 130 00:09:51,080 --> 00:09:55,800 The next bullet in the article, the focus is creating sandbox improvement proposals, 131 00:09:55,800 --> 00:10:00,720 slips that benefit the ecosystem, not just internal governance. 132 00:10:00,720 --> 00:10:05,800 Next bullet reads delegation allows voters to pool voting power and amplify their voices 133 00:10:05,800 --> 00:10:08,400 through trusted delegates. 134 00:10:08,400 --> 00:10:14,720 Next bullet, the aim is to build a sustainable inclusive DAO that maximizes community engagement 135 00:10:14,720 --> 00:10:15,720 and impact. 136 00:10:15,720 --> 00:10:20,960 In the next section, learning from the experiences of other DAOs. 137 00:10:20,960 --> 00:10:26,440 Many DAOs have faced significant challenges by decentralizing too quickly. 138 00:10:26,440 --> 00:10:31,120 For instance, the DAO, and when they say the DAO here in this article, they're talking 139 00:10:31,120 --> 00:10:34,120 about the Ethereum DAO, the very first DAO. 140 00:10:34,120 --> 00:10:38,380 One of the earliest and most famous examples struggle with governance issues and divergence 141 00:10:38,380 --> 00:10:40,080 among community members. 142 00:10:40,080 --> 00:10:44,760 The DAO ultimately suffered a catastrophic hack that led to its downfall. 143 00:10:44,760 --> 00:10:49,220 Other DAOs have encountered problems such as poor allocation of funds, but promised 144 00:10:49,220 --> 00:10:54,680 vague returns, often for selfish endeavors, lacking of coherent strategic direction, and 145 00:10:54,680 --> 00:10:56,280 decision-making gridlock. 146 00:10:56,280 --> 00:11:01,560 Too many voices without a unifying strategy led to a stalled progress. 147 00:11:01,560 --> 00:11:05,960 By studying these examples, we have recognized the importance of a gradual process that ensures 148 00:11:05,960 --> 00:11:11,320 stability while increasingly involving our community in governance. 149 00:11:11,320 --> 00:11:16,520 The next section reads setting the foundation, constitution, special counsel, and advisory 150 00:11:16,520 --> 00:11:19,140 board. 151 00:11:19,140 --> 00:11:26,080 Our goal was and is, our goal was and remains to give the Sandbox DAO the strongest foundation 152 00:11:26,080 --> 00:11:27,220 possible. 153 00:11:27,220 --> 00:11:31,120 We designed the constitution, established a budget, and identified top-level administrative 154 00:11:31,120 --> 00:11:37,960 teams and technical solutions to maximize its chances for success. 155 00:11:37,960 --> 00:11:42,320 I didn't note it here in my first round, but as I was reading through this again, my note 156 00:11:42,320 --> 00:11:53,560 here was that this made it sound like the Sandbox DAO admin team chose the special counsel 157 00:11:53,560 --> 00:11:54,560 advisory board. 158 00:11:54,560 --> 00:11:57,120 So that was curious. 159 00:11:57,120 --> 00:11:59,120 I don't remember that being the way that they were chosen. 160 00:11:59,120 --> 00:12:05,880 I thought I remember in an AMA where SEB chose them and not the DAO admin team. 161 00:12:05,880 --> 00:12:10,160 So the next paragraph reads that includes selecting a special counsel to help build 162 00:12:10,160 --> 00:12:13,160 the community and providing early strategic guidance. 163 00:12:13,160 --> 00:12:17,920 This group brings existing networks, connections, and knowledge, making introductions, learning 164 00:12:17,920 --> 00:12:23,480 from prior DAOs, advising on community assets such as NFTs, et cetera, while we navigate 165 00:12:23,480 --> 00:12:25,480 uncharted territory. 166 00:12:25,480 --> 00:12:32,120 The council also plays a limited role in ensuring compliance and alignment with the DAO's principles. 167 00:12:32,120 --> 00:12:38,960 My note here was that it's not clear what the relationship is between the special counsel 168 00:12:38,960 --> 00:12:41,240 and the DAO admin team. 169 00:12:41,240 --> 00:12:45,920 Is there any position that the special counsel does not have authority over? 170 00:12:45,920 --> 00:12:49,080 So that's something that stuck out to me as I read that sentence. 171 00:12:49,080 --> 00:12:52,800 Next paragraph reads that said, we've heard the community's feedback and understand the 172 00:12:52,800 --> 00:12:59,320 concerns that the current council members are not necessarily from quote unquote, SanFam 173 00:12:59,320 --> 00:13:03,880 creators or players of the sandbox game, but reflect more institutional players. 174 00:13:03,880 --> 00:13:07,720 And my note here was that in the beginning of the paragraph, it said we've heard the 175 00:13:07,720 --> 00:13:13,880 community's feedback and I wondered where does the DAO admin team publish the feedback 176 00:13:13,880 --> 00:13:15,480 it acts upon? 177 00:13:15,480 --> 00:13:21,200 I haven't seen that. 178 00:13:21,200 --> 00:13:25,560 And the DAO admin team has received a lot of significant impact from the community and 179 00:13:25,560 --> 00:13:31,080 it'll be really helpful to see some communication from the DAO admin team on what feedback gets 180 00:13:31,080 --> 00:13:32,080 implemented. 181 00:13:32,080 --> 00:13:35,880 Here it just kind of says we've heard the community feedback and understand the concerns, 182 00:13:35,880 --> 00:13:42,760 not that they've done anything with that feedback or what that feedback has meant to them. 183 00:13:42,760 --> 00:13:45,800 And they also mentioned that not necessarily from SanFam. 184 00:13:45,800 --> 00:13:54,160 I do think that I covered this in podcast 31 in the sandbox ecosystem. 185 00:13:54,160 --> 00:13:57,840 The sandbox ecosystem, I think, does include the special counsel. 186 00:13:57,840 --> 00:14:03,640 A lot of them are involved in the special end ecosystem in some way, whether they're 187 00:14:03,640 --> 00:14:07,680 landowners or they own studios or whatever the case might be. 188 00:14:07,680 --> 00:14:15,000 Almost all of them have a pre-existing connection in some way to the sandbox. 189 00:14:15,000 --> 00:14:17,400 But that's not what most of the criticism is. 190 00:14:17,400 --> 00:14:22,920 Most of the criticism right now is that the special counsel has, except for Seb, has largely 191 00:14:22,920 --> 00:14:31,160 been silent on it within the community affairs since the DAO was announced on May 28th. 192 00:14:31,160 --> 00:14:36,920 We haven't seen many posts or tweets from much of the special counsel or the advisory 193 00:14:36,920 --> 00:14:37,920 board. 194 00:14:37,920 --> 00:14:40,160 There have been some who have participated a bit. 195 00:14:40,160 --> 00:14:44,680 Mia Bao has participated, I've seen, and Loretta Chen, both of which we interviewed 196 00:14:44,680 --> 00:14:49,080 in Sandow podcast. 197 00:14:49,080 --> 00:14:56,220 Number 10 was Loretta Chen and Mia Bao was episode 19. 198 00:14:56,220 --> 00:14:58,000 So we interviewed both of them. 199 00:14:58,000 --> 00:15:04,760 And I've seen them involved, whether it be tweets or reposts of some kind, outside of 200 00:15:04,760 --> 00:15:07,880 just podcasts here on Sandow. 201 00:15:07,880 --> 00:15:09,480 So they've been involved. 202 00:15:09,480 --> 00:15:12,360 And then Shannon Snow is World of Women. 203 00:15:12,360 --> 00:15:22,800 Ina Moja is the green, the evergreen, I think it was called, Metagreen experiences. 204 00:15:22,800 --> 00:15:27,880 And Mateus Vivian, Hermit Crab Studio. 205 00:15:27,880 --> 00:15:30,720 So a lot of them have connections within the Sand Fam. 206 00:15:30,720 --> 00:15:37,920 So it's just that we haven't really seen them be involved since the DAO's inception in May 207 00:15:37,920 --> 00:15:38,920 28th. 208 00:15:38,920 --> 00:15:41,880 That's where most of the concerns are right now. 209 00:15:41,880 --> 00:15:45,860 That we're not really sure if the special counsel, what they're doing and how they're 210 00:15:45,860 --> 00:15:47,600 running the DAO. 211 00:15:47,600 --> 00:15:53,100 So that sentence, the way they worded this, understand the concerns that the current council 212 00:15:53,100 --> 00:15:55,880 members are not necessarily from Sand Fam. 213 00:15:55,880 --> 00:16:00,040 Sure, but that's not really what the heart of the concern is. 214 00:16:00,040 --> 00:16:02,520 Okay, next paragraph. 215 00:16:02,520 --> 00:16:07,800 These concerns are why we also established an advisory board, a group intended to reflect 216 00:16:07,800 --> 00:16:11,080 the many voices in the sandbox community. 217 00:16:11,080 --> 00:16:16,320 Advisory board members come from areas, art, music creators that are core to platform and 218 00:16:16,320 --> 00:16:18,320 make it vibrant. 219 00:16:18,320 --> 00:16:21,560 Four of them either own studios or have made games for the sandbox. 220 00:16:21,560 --> 00:16:26,080 We expect the board to be instrumental in ensuring the community is represented and 221 00:16:26,080 --> 00:16:27,640 heard. 222 00:16:27,640 --> 00:16:32,960 And my comment here was simply, can the DAO team, the DAO admin team, please give some 223 00:16:32,960 --> 00:16:39,280 insight into how this is being accomplished, particularly how they expect the board to 224 00:16:39,280 --> 00:16:45,040 be instrumental in ensuring the community is represented and heard and reflecting the 225 00:16:45,040 --> 00:16:46,720 many voices in the sandbox community. 226 00:16:46,720 --> 00:16:51,160 Again, I haven't attended or seen any AMAs from the advisory board. 227 00:16:51,160 --> 00:16:56,960 I'm not sure how, I asked me about and Loretta Chen, do they meet regularly? 228 00:16:56,960 --> 00:16:59,800 And they both said, no, they don't meet regularly. 229 00:16:59,800 --> 00:17:07,160 So yeah, can the DAO admin team please give some insight into how this is being accomplished? 230 00:17:07,160 --> 00:17:13,360 The next paragraph reads, our community is broader than many realize. 231 00:17:13,360 --> 00:17:19,000 And off to the side, Sandow 31 is intro to the ecosystem. 232 00:17:19,000 --> 00:17:20,000 Take a look at that. 233 00:17:20,000 --> 00:17:24,120 I go over just how big the Sandfam really is. 234 00:17:24,120 --> 00:17:32,600 Like I mentioned in the beginning, DAO-based.ai has a record of 211,000 token holders. 235 00:17:32,600 --> 00:17:38,120 That's a lot of people carrying, that's a lot of Sandfam right there. 236 00:17:38,120 --> 00:17:40,200 Both silent and vocal. 237 00:17:40,200 --> 00:17:45,680 Okay, so the paragraph reads, the sandbox community has a lot of contributors, many 238 00:17:45,680 --> 00:17:51,200 of whom are not the most vocal advocates publicly, but contribute to growth behind closed doors. 239 00:17:51,200 --> 00:17:54,760 If you look at any community, even the one just outside your front door, most people 240 00:17:54,760 --> 00:18:00,000 remain silent observers who contribute only when they can in the ways they feel comfortable. 241 00:18:00,000 --> 00:18:04,140 As the DAO matures, it is the role of everyone involved to not just work together to craft 242 00:18:04,140 --> 00:18:09,720 the best SIPs, but also create a space that acknowledges all aspects of our diverse community, 243 00:18:09,720 --> 00:18:17,920 including those who may not be active on Discord or affiliate with the hashtag Sandfam on X. 244 00:18:17,920 --> 00:18:22,080 Let's create a space for all of the peripheral players, including the millions of followers 245 00:18:22,080 --> 00:18:27,640 of the brands in the sandbox can proudly consider themselves part of the fam. 246 00:18:27,640 --> 00:18:31,440 Next section reads progressive decentralization. 247 00:18:31,440 --> 00:18:34,960 Progressive decentralization is designed to balance the sometimes competing demands of 248 00:18:34,960 --> 00:18:38,900 democracy, efficiency, and effectiveness. 249 00:18:38,900 --> 00:18:42,880 And my comment here was, now that the sandbox DAO has been active for five months since 250 00:18:42,880 --> 00:18:47,520 May 28th, is there a timeline for how decentralization will be achieved? 251 00:18:47,520 --> 00:18:51,400 I'd like to hear the DAO admin team's response to that. 252 00:18:51,400 --> 00:18:57,060 And if you listen to Bobby Kunta's intro post, introducing himself as a communications manager, 253 00:18:57,060 --> 00:19:01,920 he noted that that's one of the things that he intends to tackle is to better communicate 254 00:19:01,920 --> 00:19:02,920 that. 255 00:19:02,920 --> 00:19:06,840 Okay, the next paragraph in the article reads, the sandbox may occasionally work to ensure 256 00:19:06,840 --> 00:19:08,760 the stability of this approach. 257 00:19:08,760 --> 00:19:13,940 For now, that could include taking a stance on or using its voting power in favor of or 258 00:19:13,940 --> 00:19:18,720 against particular sips that it believes are misaligned with a DAO's mission or threaten 259 00:19:18,720 --> 00:19:21,640 its long term viability. 260 00:19:21,640 --> 00:19:25,520 My comment there was much of the community. 261 00:19:25,520 --> 00:19:27,320 Hey, not Jackie Chan. 262 00:19:27,320 --> 00:19:29,000 How you doing in the chat? 263 00:19:29,000 --> 00:19:32,160 Thanks for coming. 264 00:19:32,160 --> 00:19:37,400 My comment to this one was much of the community has requested a lot of clarification on this. 265 00:19:37,400 --> 00:19:43,320 As of right now, it's very unclear what the criteria is for the sandbox 27 million voting 266 00:19:43,320 --> 00:19:46,160 power wallet is used for. 267 00:19:46,160 --> 00:19:53,200 Substated in the DAO AMA on June 4th of this year, about 41 minutes and 55 seconds into 268 00:19:53,200 --> 00:19:59,180 the x space, that the sandbox wallet would refrain from being used after it was mistakenly 269 00:19:59,180 --> 00:20:01,240 used on sips one through five. 270 00:20:01,240 --> 00:20:07,440 And if you recall sips one through three were resubmitted and the sandbox wallet did not 271 00:20:07,440 --> 00:20:12,080 vote on its resubmission, but sips four through five couldn't be resubmitted because of a 272 00:20:12,080 --> 00:20:17,680 sandbox, excuse me, a snapshot.org limitation having to do with the account restricting 273 00:20:17,680 --> 00:20:19,680 how many resubmissions you could do. 274 00:20:19,680 --> 00:20:29,640 And so it, it was left voted on four and five, but then it wasn't used until the fourth of 275 00:20:29,640 --> 00:20:35,720 September when it voted on sips 11 and 12 to pass quorum. 276 00:20:35,720 --> 00:20:37,400 So what it didn't do, it didn't vote. 277 00:20:37,400 --> 00:20:38,400 Yes. 278 00:20:38,400 --> 00:20:39,400 Only yes. 279 00:20:39,400 --> 00:20:44,360 What it voted is 33% yes, 33% no, and 33% abstain. 280 00:20:44,360 --> 00:20:49,440 So it basically kept the vote even and the vote are already had the yes, but it only 281 00:20:49,440 --> 00:20:52,000 had about 15 of 30 million quorums. 282 00:20:52,000 --> 00:20:56,160 So it only had 50% and it was about 24 hours of closing. 283 00:20:56,160 --> 00:21:04,360 So the sandbox used its 27 million voting power to vote and reach quorum. 284 00:21:04,360 --> 00:21:06,360 And that was on sips 11 and 12. 285 00:21:06,360 --> 00:21:10,000 Sips 11 was the sandbox ambassador program. 286 00:21:10,000 --> 00:21:15,200 It had a lot of disagreement, even between existing ambassadors. 287 00:21:15,200 --> 00:21:23,520 There was a lot of, a lot of discussion around that one, but the sandbox wallet voted to 288 00:21:23,520 --> 00:21:24,520 pass it. 289 00:21:24,520 --> 00:21:27,520 Excuse me, voted evenly across the board. 290 00:21:27,520 --> 00:21:29,080 It already had a yes vote. 291 00:21:29,080 --> 00:21:31,680 So they just didn't have quorum. 292 00:21:31,680 --> 00:21:36,200 If the sandbox had not voted, the vote would have failed because it wouldn't have reached 293 00:21:36,200 --> 00:21:37,200 quorum. 294 00:21:37,200 --> 00:21:39,280 That's an important distinction. 295 00:21:39,280 --> 00:21:42,120 And sip number 12 was sandbox academy. 296 00:21:42,120 --> 00:21:48,620 It was a community sip, whereas sip 11, the ambassador program was a sandbox company sip. 297 00:21:48,620 --> 00:21:53,480 So it's pretty obvious that the sandbox wallet was used to pass its sip. 298 00:21:53,480 --> 00:21:57,240 Since sip 12 was just happened to be at the same time. 299 00:21:57,240 --> 00:22:01,520 So the sandbox wallet voted on both and both of them passed. 300 00:22:01,520 --> 00:22:07,080 But since then we've had three sips since that time, 13, 14 and 15. 301 00:22:07,080 --> 00:22:08,080 Right. 302 00:22:08,080 --> 00:22:11,280 Let me check, check that one more time. 303 00:22:11,280 --> 00:22:19,760 Had yep, three sips since sip 12 and the sandbox wallet did not vote on those latest three. 304 00:22:19,760 --> 00:22:22,440 So sip 13 was the NFT drop. 305 00:22:22,440 --> 00:22:25,960 Sip 14 was mine. 306 00:22:25,960 --> 00:22:29,640 It was the windows resizing resolution options. 307 00:22:29,640 --> 00:22:33,780 And sip 15 was the metaverse and disability hiring program. 308 00:22:33,780 --> 00:22:37,380 So the sandbox did not vote on those three. 309 00:22:37,380 --> 00:22:41,860 So it's very unclear what its criteria is for use. 310 00:22:41,860 --> 00:22:47,000 And, and my question was, what caused all this to happen? 311 00:22:47,000 --> 00:22:49,800 Please clarify its criteria. 312 00:22:49,800 --> 00:22:53,640 Because the way this paragraph reads that I read on the medium article, it doesn't 313 00:22:53,640 --> 00:22:56,440 specify what its criteria was. 314 00:22:56,440 --> 00:23:00,560 And it's very vague when it says may occasionally work. 315 00:23:00,560 --> 00:23:02,880 Work in what's favor, work in whose favor. 316 00:23:02,880 --> 00:23:03,880 Okay. 317 00:23:03,880 --> 00:23:08,400 The next paragraph reads in the article, in our ongoing mission to progressively decentralized 318 00:23:08,400 --> 00:23:14,700 power and ensure balanced representation, we are excited to introduce delegation. 319 00:23:14,700 --> 00:23:18,680 This feature allows members of the SanFam and the wider community to pool their voting 320 00:23:18,680 --> 00:23:23,000 power and choose a delegate who aligns with their values and vision for the future of 321 00:23:23,000 --> 00:23:24,540 our Dow. 322 00:23:24,540 --> 00:23:31,640 By selecting a trusted delegate, even those who may not have had time or expertise to 323 00:23:31,640 --> 00:23:36,960 vote on every proposal can still have their voices heard through someone who represents 324 00:23:36,960 --> 00:23:38,400 their interests. 325 00:23:38,400 --> 00:23:42,280 It's a great way to strengthen community involvement, giving everyone from the most 326 00:23:42,280 --> 00:23:46,840 active participants to more casual members, a chance to influence the direction of our 327 00:23:46,840 --> 00:23:47,840 ecosystem. 328 00:23:47,840 --> 00:23:50,520 Ready to make an impact? 329 00:23:50,520 --> 00:23:57,080 Apply now to become a delegate and help guide our future or join forces with others to elevate 330 00:23:57,080 --> 00:23:59,000 a leader who speaks for you. 331 00:23:59,000 --> 00:24:01,720 Let's shape the future of the Dow together. 332 00:24:01,720 --> 00:24:09,960 My note here was that I did a podcast episode on the delegation system. 333 00:24:09,960 --> 00:24:17,320 That was podcast, Sandow podcast number 28. 334 00:24:17,320 --> 00:24:18,320 So take a look at 28. 335 00:24:18,320 --> 00:24:24,320 I go over all the details of the delegation system, the application, the interview process, 336 00:24:24,320 --> 00:24:28,680 all of the stuff that stuck out to me as I read through the code of conduct and all the 337 00:24:28,680 --> 00:24:32,320 particulars of the delegation system and being a delegate. 338 00:24:32,320 --> 00:24:39,320 Okay, in the article, go back to the article, the next section read SIPs, strategy and types. 339 00:24:39,320 --> 00:24:42,960 In the sandbox Dow's current configuration, the council and admin team can curate the 340 00:24:42,960 --> 00:24:44,860 proposals received. 341 00:24:44,860 --> 00:24:50,600 This is meant to clarify the ideal structure of SIPs, such as how they should be written. 342 00:24:50,600 --> 00:24:53,600 This will serve as a model for future SIPs. 343 00:24:53,600 --> 00:25:01,240 My comment here was that where it says in the sandbox Dow's current configuration that 344 00:25:01,240 --> 00:25:05,280 the council and admin team can curate the proposals received. 345 00:25:05,280 --> 00:25:10,960 My question was, how does the Dow admin team judge when curation has become excessive and 346 00:25:10,960 --> 00:25:16,600 something that is contrary to a successful and inclusive Dow? 347 00:25:16,600 --> 00:25:21,720 The next paragraph in the article reads, this moderation process exists to ensure the quantity 348 00:25:21,720 --> 00:25:30,740 of proposals is reasonable for the community to review and in line with the Dow's budget. 349 00:25:30,740 --> 00:25:35,040 We also want to ensure the quality of those proposals is high in the service of the broader 350 00:25:35,040 --> 00:25:39,520 community and aligned with the Dow's mission. 351 00:25:39,520 --> 00:25:44,400 Now that we are three months in, we feel the need to reinforce the types of SIPs in line 352 00:25:44,400 --> 00:25:45,400 with that approach. 353 00:25:45,400 --> 00:25:51,080 Recently, there have been a significant influx of SIP ideas geared toward changing the governance, 354 00:25:51,080 --> 00:25:55,920 the visibility reach, the technical stack, or the operations of the Dow. 355 00:25:55,920 --> 00:26:01,600 These SIPs are, quote unquote, Dow centric, in the sense that they focus more on management 356 00:26:01,600 --> 00:26:08,220 matters and less on substantive value adds to the sandbox ecosystem. 357 00:26:08,220 --> 00:26:13,860 My comment was that last sentence there about the Dow centric focusing on management matters 358 00:26:13,860 --> 00:26:15,440 and less on substantive value. 359 00:26:15,440 --> 00:26:20,800 My question there was, how did the Dow admin team come to the conclusion that a Dow centric 360 00:26:20,800 --> 00:26:25,720 SIP is not substantive to the sandbox ecosystem? 361 00:26:25,720 --> 00:26:34,760 The Dow itself has a 15.5 million sand budget and over 2000 participating voters and 211,000 362 00:26:34,760 --> 00:26:37,260 token holders that are eligible to vote. 363 00:26:37,260 --> 00:26:47,280 How is that not, how is the management and the daily activities of the Dow not substantive 364 00:26:47,280 --> 00:26:49,840 to the sandbox ecosystem? 365 00:26:49,840 --> 00:26:50,840 That's not clear to me. 366 00:26:50,840 --> 00:26:53,520 The Dow, the article doesn't explain why. 367 00:26:53,520 --> 00:27:00,600 Okay, next section of the article reads the sandbox centric SIPs in quotations, not Dow 368 00:27:00,600 --> 00:27:03,440 centric SIPs, also in quotations. 369 00:27:03,440 --> 00:27:10,920 Here are examples of ideal SIPs, game content for the game content category. 370 00:27:10,920 --> 00:27:17,200 SIP focus on enhancing the content and experiences available in the sandbox by involving the 371 00:27:17,200 --> 00:27:19,320 community creation. 372 00:27:19,320 --> 00:27:22,400 Bullet one, develop an exclusive experience. 373 00:27:22,400 --> 00:27:26,740 A past ideal SIP for this is the game jam prize. 374 00:27:26,740 --> 00:27:31,760 That was SIP number, SIP number eight, what that was. 375 00:27:31,760 --> 00:27:39,080 The next bullet is success metrics expected, active users, retention, events created or 376 00:27:39,080 --> 00:27:41,040 number of recurring players. 377 00:27:41,040 --> 00:27:48,480 The sandbox for good category, an ideal SIP, excuse me, the sandbox for good category. 378 00:27:48,480 --> 00:27:52,360 These SIPs promote charitable and socially responsible initiatives that use the platform 379 00:27:52,360 --> 00:27:56,280 and its resources for positive impact. 380 00:27:56,280 --> 00:28:03,880 The past SIP, the past ideal SIP referenced here is supporting Red Cross for 2024 and 381 00:28:03,880 --> 00:28:04,880 carbon capture. 382 00:28:04,880 --> 00:28:13,400 So that was SIPs number, SIP number four was carbon capture and SIP number five was the 383 00:28:13,400 --> 00:28:15,240 Red Cross. 384 00:28:15,240 --> 00:28:20,480 Next bullet is success metrics expected for these types of SIPs, community engagement, 385 00:28:20,480 --> 00:28:22,720 funds raised, social impact outcomes. 386 00:28:22,720 --> 00:28:30,400 All right, the next SIP category is NFT, explained as SIP leveraging NFTs to drive engagement, 387 00:28:30,400 --> 00:28:35,080 revenue and partnership within the sandbox DAO or within the sandbox. 388 00:28:35,080 --> 00:28:41,880 First bullet is buying an NFT collection and an ideal SIP is organize an NFT event to showcase 389 00:28:41,880 --> 00:28:43,920 the sandbox. 390 00:28:43,920 --> 00:28:51,360 That was SIP number 10, which was the 2024 blockchain events in Asia and Latin America. 391 00:28:51,360 --> 00:28:58,680 And then the, the DAO TSB collection, I'm pretty sure that's a reference to SIP number 392 00:28:58,680 --> 00:29:10,440 nine, which was NFT collection by Arthmore, which was Arthmore's nomination to curate 393 00:29:10,440 --> 00:29:13,080 the sandbox's NFT collection. 394 00:29:13,080 --> 00:29:18,520 And I interviewed him back in episode nine. 395 00:29:18,520 --> 00:29:24,400 The sale success metrics expected is attendance, media exposure, NFT sales, NFT holders and 396 00:29:24,400 --> 00:29:25,400 return on investment. 397 00:29:25,400 --> 00:29:28,520 The next category is platform. 398 00:29:28,520 --> 00:29:34,560 Its description is SIPs improving the platform's functionality, security, players and creators 399 00:29:34,560 --> 00:29:35,560 experience. 400 00:29:35,560 --> 00:29:39,600 Bullet one is feature requests, product to improve creator efficiency. 401 00:29:39,600 --> 00:29:43,000 And the past ideal SIP is Magic Palette. 402 00:29:43,000 --> 00:29:51,200 That was the first community SIP as SIP number six, that was authored by Pepe from Sandrush 403 00:29:51,200 --> 00:29:52,480 studio. 404 00:29:52,480 --> 00:29:56,880 It is the shining example, the one that most almost all community members agree on is a 405 00:29:56,880 --> 00:29:59,600 good thing that passed. 406 00:29:59,600 --> 00:30:06,360 So that was the first community SIP to come out after all of the sandbox game SIPs from 407 00:30:06,360 --> 00:30:10,160 one through one through five. 408 00:30:10,160 --> 00:30:15,840 That was that when May 28th came about and the DAO was announced, those were the first 409 00:30:15,840 --> 00:30:21,560 five SIPs that were submitted immediately by the sandbox DAO admin team and the sandbox 410 00:30:21,560 --> 00:30:23,260 game team. 411 00:30:23,260 --> 00:30:29,720 So success metrics expected for this SIP category is publishing product or new features in production, 412 00:30:29,720 --> 00:30:34,880 providing usage metrics, time efficiency and retention rate. 413 00:30:34,880 --> 00:30:39,600 So for Magic Palette, we've done like three or four podcast episodes with them, and we're 414 00:30:39,600 --> 00:30:44,560 going to be doing another one here shortly in a couple of weeks when Pepe has the next 415 00:30:44,560 --> 00:30:49,040 iteration of the software ready to demonstrate for the community. 416 00:30:49,040 --> 00:30:57,600 Okay, so something I noted about this whole section within the Medium article is that 417 00:30:57,600 --> 00:31:01,080 these things were all quoted as ideal SIPs. 418 00:31:01,080 --> 00:31:11,680 The Carbon Capture SIP, the Red Cross, Magic Palette, and blockchain events, NFT collection. 419 00:31:11,680 --> 00:31:20,480 Of those five SIPs, four of them were created by the sandbox DAO admin team and the sandbox 420 00:31:20,480 --> 00:31:22,800 company. 421 00:31:22,800 --> 00:31:30,560 Only one of them was a what was quoted as ideal, which came from the community. 422 00:31:30,560 --> 00:31:32,360 Just an interesting note. 423 00:31:32,360 --> 00:31:38,720 Okay, next section in the Medium article, the DAO admin team. 424 00:31:38,720 --> 00:31:43,520 The DAO admin team ensures that the DAO functions and remains transparent, accountable, and 425 00:31:43,520 --> 00:31:50,760 effective in its execution by Bullet 1, communicating about the DAO through events, AMAs, podcasts, 426 00:31:50,760 --> 00:31:51,760 tweets, etc. 427 00:31:51,760 --> 00:31:57,080 Bullet 2, moderating the forum and operating our communication channels like Twitter, X, 428 00:31:57,080 --> 00:31:58,080 and LinkedIn. 429 00:31:58,080 --> 00:32:03,520 Bullet 3, managing workflow of the SIPs, help ensure alignment with the budget, timeline 430 00:32:03,520 --> 00:32:07,360 objectives, milestones, and the mission of the sandbox. 431 00:32:07,360 --> 00:32:10,160 Bullet 4, administering voting. 432 00:32:10,160 --> 00:32:12,960 Bullet 5, upgrading and maintaining the DAO tech stack. 433 00:32:12,960 --> 00:32:16,800 Bullet 6, handling payment, reporting, and compliance. 434 00:32:16,800 --> 00:32:20,960 Bullet 7, maintaining relationships with suppliers and partners. 435 00:32:20,960 --> 00:32:26,480 The community is welcome to propose improvements in the DAO's day-to-day activities like modifying 436 00:32:26,480 --> 00:32:31,000 the website, improving the financial and voting reporting, and connecting the DAO to a third 437 00:32:31,000 --> 00:32:33,240 party system. 438 00:32:33,240 --> 00:32:38,640 The good news is, there is no need to do a SIP for that. 439 00:32:38,640 --> 00:32:42,640 What I noted there in that sentence, there is no need to do a SIP for that. 440 00:32:42,640 --> 00:32:48,200 My question was, shouldn't the responsibility for determining what needs to be a SIP fall 441 00:32:48,200 --> 00:32:51,640 on the sandbox community and the DAO voters? 442 00:32:51,640 --> 00:32:56,280 I thought that was the point of the DAO, for us to determine what needs to be a SIP. 443 00:32:56,280 --> 00:32:59,720 And the voters confirmed that yes indeed, that should be a SIP and a proposal worth 444 00:32:59,720 --> 00:33:00,720 passing. 445 00:33:00,720 --> 00:33:05,200 All right, in the next section of the article reads, community members can simply make a 446 00:33:05,200 --> 00:33:08,140 suggestion through the dedicated discourse channel. 447 00:33:08,140 --> 00:33:15,840 If you click that link there, it will bring you to, in the DAO forums under help and resources 448 00:33:15,840 --> 00:33:21,240 subforum, and under there, the DAO features request subforum. 449 00:33:21,240 --> 00:33:25,520 So it's deep there in the help and resources. 450 00:33:25,520 --> 00:33:34,040 So if you have a request or suggestion for the DAOs, what they consider DAO centric activities, 451 00:33:34,040 --> 00:33:39,920 that's where they want you to make a suggestion instead of building a SIP for it. 452 00:33:39,920 --> 00:33:43,120 Okay, back to the article. 453 00:33:43,120 --> 00:33:48,120 Community members can simply make a suggestion through the dedicated discourse channel to 454 00:33:48,120 --> 00:33:52,520 the DAO admin team, which has full authority to use the operation budget to implement the 455 00:33:52,520 --> 00:33:57,140 request if deemed appropriate. 456 00:33:57,140 --> 00:34:04,580 My question there was, does this create an unaccountable system for the DAO admin team 457 00:34:04,580 --> 00:34:08,160 that could lead to abusive behavior? 458 00:34:08,160 --> 00:34:13,000 The thing that I noted was that in circumstances where DAO day-to-day activities and the established 459 00:34:13,000 --> 00:34:22,600 guidelines do not meet community expectations or those day-to-day activities threaten the 460 00:34:22,600 --> 00:34:27,840 sandbox DAO stability, success, or viability, how does the sandbox community change the 461 00:34:27,840 --> 00:34:33,480 DAO team's activities and establish guidelines, even when the DAO admin team deems that it's 462 00:34:33,480 --> 00:34:34,480 not appropriate? 463 00:34:34,480 --> 00:34:42,380 It doesn't seem like there's a way to hold the DAO admin team accountable to day-to-day 464 00:34:42,380 --> 00:34:49,320 activities and guidelines that are counter to the stability, success, and viability of 465 00:34:49,320 --> 00:34:50,640 the sandbox DAO. 466 00:34:50,640 --> 00:34:53,920 Okay, next paragraph in the article. 467 00:34:53,920 --> 00:34:58,600 To safeguard community resources and ensure SIPs are aligned with the established guidelines, 468 00:34:58,600 --> 00:35:03,160 the admin team will reject any proposals that do not meet these criteria and explain the 469 00:35:03,160 --> 00:35:05,080 reasoning if that happens. 470 00:35:05,080 --> 00:35:09,640 Authors may be offered suggestions for revision and resubmission if appropriate. 471 00:35:09,640 --> 00:35:14,240 My comment here was when it said that the admin team will reject any proposals that 472 00:35:14,240 --> 00:35:18,480 do not meet these criteria. 473 00:35:18,480 --> 00:35:23,740 Does this give the DAO admin team the power to exclude itself from any sort of accountability 474 00:35:23,740 --> 00:35:28,040 enforcement action by the sandbox community? 475 00:35:28,040 --> 00:35:37,400 It kind of runs what I was just talking about a few minutes ago about having the full authority 476 00:35:37,400 --> 00:35:42,760 to use the operations budget and if it deems it appropriate. 477 00:35:42,760 --> 00:35:49,400 Where I noted there that I asked if it created an unaccountable system that could lead to 478 00:35:49,400 --> 00:35:51,160 abusive behavior. 479 00:35:51,160 --> 00:35:57,020 Here in this sentence, it talks about the admin team will reject any proposal that does 480 00:35:57,020 --> 00:35:58,020 not meet this criteria. 481 00:35:58,020 --> 00:36:03,240 They're obviously talking about if it falls in the DAO-centric SIP territory. 482 00:36:03,240 --> 00:36:08,760 This seems like the DAO admin team is now deputized itself to exclude itself from any 483 00:36:08,760 --> 00:36:14,240 sort of accountability enforcement action that the sandbox community team votes or wants 484 00:36:14,240 --> 00:36:18,320 to vote on the DAO admin team. 485 00:36:18,320 --> 00:36:23,160 This new approach that they're detailing here in the Medium article appears to invite community 486 00:36:23,160 --> 00:36:29,480 members to submit suggestions that the DAO admin team has determined that it has the 487 00:36:29,480 --> 00:36:35,600 full authority to disregard without any limitation that I can read here in this article. 488 00:36:35,600 --> 00:36:40,320 I'm not sure if this interpretation is accurate, so I ask is this interpretation accurate? 489 00:36:40,320 --> 00:36:43,320 And if so, how did the DAO team arrive at this conclusion? 490 00:36:43,320 --> 00:36:48,680 All right, the next paragraph in the article. 491 00:36:48,680 --> 00:36:53,880 To help the community succeed during the curation process, here's a list of tips one can follow. 492 00:36:53,880 --> 00:36:56,020 SIP guidelines. 493 00:36:56,020 --> 00:37:00,440 After reviewing the SIP to confirm it complies with the required guidelines and avoids any 494 00:37:00,440 --> 00:37:04,000 prohibitive elements, we will notify the authors accordingly. 495 00:37:04,000 --> 00:37:09,760 And then it has a table here of SIP phases, the do's and don'ts of each phase. 496 00:37:09,760 --> 00:37:17,120 So there are one, two, three, four, five, six phases listed here in the article. 497 00:37:17,120 --> 00:37:23,360 The idea phase, submission phase, review phase, discussion phase, which lasts 14 days, the 498 00:37:23,360 --> 00:37:26,920 team phase, which lasts 14 days, and then implementation phase. 499 00:37:26,920 --> 00:37:34,840 Okay, so in the idea phase, do post your idea and SIP ideas first to seek community feedback. 500 00:37:34,840 --> 00:37:38,200 Do use feedback to refine your proposal before submission. 501 00:37:38,200 --> 00:37:44,120 Do disclose motivations and any personal or financial interests related to your SIP. 502 00:37:44,120 --> 00:37:45,440 As an aside, I love that one. 503 00:37:45,440 --> 00:37:46,760 That one's great. 504 00:37:46,760 --> 00:37:50,680 Do focus on long term benefits and sustainability. 505 00:37:50,680 --> 00:37:54,240 Do ensure your proposal is maintainable and scalable. 506 00:37:54,240 --> 00:37:57,600 Do not post an overly complex idea. 507 00:37:57,600 --> 00:38:00,600 Do not submit self-serving proposals. 508 00:38:00,600 --> 00:38:05,480 Do not repeat content similar to a SIP in voting or implementation. 509 00:38:05,480 --> 00:38:10,400 Do not submit illegal or non-compliant SIPs to the sandbox ecosystem or its community. 510 00:38:10,400 --> 00:38:13,640 Okay, the next SIP phase is submission. 511 00:38:13,640 --> 00:38:17,440 Do submit your application once the DAO team has invited you to. 512 00:38:17,440 --> 00:38:19,060 I'm not sure what that one means. 513 00:38:19,060 --> 00:38:25,040 It sounds like they're saying you can't submit a SIP unless the DAO admin team asks you to 514 00:38:25,040 --> 00:38:26,480 submit one. 515 00:38:26,480 --> 00:38:28,240 I'm not sure. 516 00:38:28,240 --> 00:38:35,680 I haven't yet done a Sandel podcast episode on the newest SIP guidelines and form that 517 00:38:35,680 --> 00:38:36,680 was just submitted. 518 00:38:36,680 --> 00:38:40,600 I'll probably hit that one either later on this week or later on next week. 519 00:38:40,600 --> 00:38:42,440 We'll see. 520 00:38:42,440 --> 00:38:44,720 But I don't like the way that one reads. 521 00:38:44,720 --> 00:38:48,440 That reads is very much, you know, we'll call you. 522 00:38:48,440 --> 00:38:50,400 And I think that's a bridge too far. 523 00:38:50,400 --> 00:38:52,560 But maybe it's just the way it's worded. 524 00:38:52,560 --> 00:38:54,640 That's not how they intended it. 525 00:38:54,640 --> 00:38:57,200 Okay, continuing back in the table. 526 00:38:57,200 --> 00:39:00,860 Do categorize your proposal accurately within the SIP categories. 527 00:39:00,860 --> 00:39:05,660 Do provide a detailed budget and list all expenses associated with your project. 528 00:39:05,660 --> 00:39:10,440 Do clearly outline project milestones with success metrics. 529 00:39:10,440 --> 00:39:14,780 Do include supporting materials like images, diagrams, or references. 530 00:39:14,780 --> 00:39:18,940 Do not submit proposals to sip at sandboxdao.com anymore. 531 00:39:18,940 --> 00:39:20,300 Use the form. 532 00:39:20,300 --> 00:39:22,760 Do not submit incomplete applications. 533 00:39:22,760 --> 00:39:26,440 Do not overlook incomplete or missing documentation. 534 00:39:26,440 --> 00:39:29,400 Okay, and the next SIP phase. 535 00:39:29,400 --> 00:39:33,620 Do incorporate feedback from the DAO council and PM team. 536 00:39:33,620 --> 00:39:37,240 Do be open to revising your proposal based on team suggestions. 537 00:39:37,240 --> 00:39:41,500 Do not ignore constructive criticism provided by the review team during curation. 538 00:39:41,500 --> 00:39:47,200 Do not make changes without communicating them clearly to the team and community. 539 00:39:47,200 --> 00:39:52,040 So we just went over the first three phases, the do's and don'ts, the idea submission 540 00:39:52,040 --> 00:39:54,360 and the review phase. 541 00:39:54,360 --> 00:40:00,880 And the thing that I noted here was in the first three phases, there doesn't seem to 542 00:40:00,880 --> 00:40:05,920 be a limit on the DAO admin team's power to curate and author SIP. 543 00:40:05,920 --> 00:40:10,480 Nor is there any description of when curation becomes excessive. 544 00:40:10,480 --> 00:40:15,320 So what I wondered to the DAO admin team is, is there no circumstance where the DAO admin 545 00:40:15,320 --> 00:40:19,480 team's curation becomes excessive or counter to an inclusive and successful DAO? 546 00:40:19,480 --> 00:40:26,920 It's not obvious to me that it has an end other than when it decides that it does. 547 00:40:26,920 --> 00:40:32,720 So that kind of goes back to in connection to my earlier comment about if the DAO gives 548 00:40:32,720 --> 00:40:37,720 itself power to exclude itself from accountability enforcement actions. 549 00:40:37,720 --> 00:40:43,000 And are we creating an unaccountable system for the DAO admin team, which may lead to 550 00:40:43,000 --> 00:40:48,960 bad behavior that can't be checked by the sandbox DAO community? 551 00:40:48,960 --> 00:40:49,960 Okay. 552 00:40:49,960 --> 00:40:55,640 Then next, going back to the article, the next phase, do and don'ts is discussion phase. 553 00:40:55,640 --> 00:40:57,120 14 days. 554 00:40:57,120 --> 00:41:01,540 Do engage in meaningful discussions with the community during the 14 day discussion period. 555 00:41:01,540 --> 00:41:05,380 Do promote your SIP responsibly by encouraging community participation. 556 00:41:05,380 --> 00:41:09,200 Do provide timely responses to community inquiries about your proposal. 557 00:41:09,200 --> 00:41:12,880 Do not dismiss or ignore questions or concerns raised by community members. 558 00:41:12,880 --> 00:41:15,920 Do not spam or aggressively promote your SIP for votes. 559 00:41:15,920 --> 00:41:20,480 Do not avoid answering difficult questions or feedback that challenges your proposal. 560 00:41:20,480 --> 00:41:26,600 For the next phase, voting, which is 14 days, do actively encourage the community to participate 561 00:41:26,600 --> 00:41:28,240 in the voting process. 562 00:41:28,240 --> 00:41:30,080 Do promote your SIP. 563 00:41:30,080 --> 00:41:33,120 Do respond to community inquiries. 564 00:41:33,120 --> 00:41:38,480 Don't pressure or manipulate community members in favor of your proposal. 565 00:41:38,480 --> 00:41:43,320 Don't ignore key information or high details that could impact voting decisions. 566 00:41:43,320 --> 00:41:47,000 And the last phase in this table is implementation. 567 00:41:47,000 --> 00:41:50,040 Do send an invoice once the PM team validates the milestone. 568 00:41:50,040 --> 00:41:53,720 Do communicate progress and setbacks openly with the PM team. 569 00:41:53,720 --> 00:41:58,000 Do make sure all deliverables are submitted in accordance with the proposal timeline and 570 00:41:58,000 --> 00:41:59,000 milestones. 571 00:41:59,000 --> 00:42:02,500 Do not request funds before completing agreed upon milestones. 572 00:42:02,500 --> 00:42:07,920 Do not withhold updates or delay communication on project progress. 573 00:42:07,920 --> 00:42:12,280 Do not delay milestones without proper justification or advance notice. 574 00:42:12,280 --> 00:42:18,120 Do not deviate from the approved project scope without consulting the PM team. 575 00:42:18,120 --> 00:42:24,040 And that's all of the do's and don'ts of each SIP phase. 576 00:42:24,040 --> 00:42:30,120 So continuing on in the medium article, we've now reached the conclusion section. 577 00:42:30,120 --> 00:42:35,080 Full decentralization is a considered strategy designed to avoid the pitfalls experienced 578 00:42:35,080 --> 00:42:38,720 by other DAOs that rushed into full decentralization. 579 00:42:38,720 --> 00:42:44,340 At the sandbox, we believe our approach underpinned by SIP curation allows us to establish a strong 580 00:42:44,340 --> 00:42:46,360 strategic long-term direction. 581 00:42:46,360 --> 00:42:57,920 By learning from past experiences and carefully structuring our decentralized process, we 582 00:42:57,920 --> 00:43:03,400 aim to build a sustainable, inclusive, and successful DAO. 583 00:43:03,400 --> 00:43:10,720 My note here was that I again applaud the DAO admin team's efforts to look at past experiences 584 00:43:10,720 --> 00:43:12,720 and the other DAOs. 585 00:43:12,720 --> 00:43:21,120 ApecoinDAO, Citidao, CompoundDAO, MochaDAO, now Whaledao, they provide many good examples 586 00:43:21,120 --> 00:43:22,120 to follow. 587 00:43:22,120 --> 00:43:26,240 And there's also lessons learned and areas of improvement that we can glean from them. 588 00:43:26,240 --> 00:43:36,800 So I appreciated the hard work that they put into structuring and implementing the sandbox 589 00:43:36,800 --> 00:43:37,800 now. 590 00:43:37,800 --> 00:43:43,560 All right, and the very last paragraph of the medium article reads, as we mature, we 591 00:43:43,560 --> 00:43:47,480 will keep on communicating and bringing the community into the process, ensuring that 592 00:43:47,480 --> 00:43:50,600 it is informed and engaged as the DAO matures. 593 00:43:50,600 --> 00:43:54,440 We invite all members to actually participate in this journey, knowing that their voice 594 00:43:54,440 --> 00:43:59,120 will increasingly shape the future of the sandbox. 595 00:43:59,120 --> 00:44:02,640 That is the end of the article. 596 00:44:02,640 --> 00:44:07,840 So all in all, my thoughts on this was there were a lot of things, a lot of questions that 597 00:44:07,840 --> 00:44:14,480 I had out of that, as you saw, a lot of questions surrounding what is the limitation of the 598 00:44:14,480 --> 00:44:16,040 DAO admin team's power? 599 00:44:16,040 --> 00:44:17,040 Is there a limitation? 600 00:44:17,040 --> 00:44:20,360 Because it seems like they don't really talk about what their limitation is. 601 00:44:20,360 --> 00:44:24,400 They talk a lot about what they expect, what their power is, what their authority is, but 602 00:44:24,400 --> 00:44:30,880 nothing really that counterbalances that or what the sandbox community can do. 603 00:44:30,880 --> 00:44:36,960 Yeah, so take a look at the article. 604 00:44:36,960 --> 00:44:38,760 It's worth the read. 605 00:44:38,760 --> 00:44:43,980 And also take a look in the DAO forums, the discussion thread going on. 606 00:44:43,980 --> 00:44:53,200 If you have questions there, the new communications manager has gone into it and will respond 607 00:44:53,200 --> 00:44:59,600 so if you have questions, I recommend that you, where is he? 608 00:44:59,600 --> 00:45:01,640 It's right, should be right here. 609 00:45:01,640 --> 00:45:09,680 I recommend that you post your questions in there so that he can get to it, which is Kunta. 610 00:45:09,680 --> 00:45:10,920 He did say a point of clarity. 611 00:45:10,920 --> 00:45:14,060 The medium article is published by the sandbox, not the DAO. 612 00:45:14,060 --> 00:45:17,960 While that's technically true, it seems pretty clear that it's written in the voice of the 613 00:45:17,960 --> 00:45:21,860 sandbox DAO admin team. 614 00:45:21,860 --> 00:45:28,900 Although the one thing I noted that I wasn't quite sure of here at the end, it talks about 615 00:45:28,900 --> 00:45:32,640 at the sandbox, we believe our approach. 616 00:45:32,640 --> 00:45:35,320 I'm not sure. 617 00:45:35,320 --> 00:45:40,340 So the sandbox game company and the sandbox foundation, the sandbox DAO foundation are 618 00:45:40,340 --> 00:45:41,680 two separate legal entities. 619 00:45:41,680 --> 00:45:42,680 They are not the same. 620 00:45:42,680 --> 00:45:45,040 They are not run by the same people. 621 00:45:45,040 --> 00:45:46,560 Although there are, there is overlap. 622 00:45:46,560 --> 00:45:52,960 Seb is on the special counsel for the DAO and is also the co-founder and COO of the 623 00:45:52,960 --> 00:45:54,100 sandbox. 624 00:45:54,100 --> 00:46:00,720 But Seb is just one of many council members and the DAO administrator is not part of the 625 00:46:00,720 --> 00:46:02,320 sandbox, although now he has a sandbox email. 626 00:46:02,320 --> 00:46:04,800 So I'm kind of confused about that. 627 00:46:04,800 --> 00:46:05,800 What is the overlap? 628 00:46:05,800 --> 00:46:12,800 Because we were, in the AMA, we were told that these are separate things, very separate 629 00:46:12,800 --> 00:46:13,800 things. 630 00:46:13,800 --> 00:46:18,080 So that was one question that came out of that. 631 00:46:18,080 --> 00:46:24,000 And something I'll have to respond, update my forum post on, but take a look at the forum 632 00:46:24,000 --> 00:46:29,280 post if you have questions and you like the DAO admin team to respond to you. 633 00:46:29,280 --> 00:46:34,200 Yeah, Yuma says in the chat, at least they know there are people paying attention. 634 00:46:34,200 --> 00:46:35,760 Yeah, absolutely. 635 00:46:35,760 --> 00:46:36,760 Absolutely. 636 00:46:36,760 --> 00:46:42,340 Okay, let's move on to future episodes. 637 00:46:42,340 --> 00:46:49,120 So we just completed episode 32, which is the, or excuse me, 33, which is reaction to 638 00:46:49,120 --> 00:46:50,120 the DAO article. 639 00:46:50,120 --> 00:46:56,160 We did a reaction to the DAO communications manager announcement and Kunta's intro video 640 00:46:56,160 --> 00:46:57,260 yesterday. 641 00:46:57,260 --> 00:47:00,800 So we're now three, two episodes completed. 642 00:47:00,800 --> 00:47:07,000 I'm going to later, later this week, I'm going to be doing either an update on the new SIP 643 00:47:07,000 --> 00:47:12,800 process and application process or a review of the sandbox DAO foundation, the constitution 644 00:47:12,800 --> 00:47:15,440 articles and memos. 645 00:47:15,440 --> 00:47:20,600 What's happening in the eight coin DAO is very relevant to what's going on. 646 00:47:20,600 --> 00:47:26,000 The sandbox DAO foundation is structured similarly to the eight foundation and some interesting 647 00:47:26,000 --> 00:47:31,000 things are happening there that has drawn the eight foundation into it. 648 00:47:31,000 --> 00:47:39,240 So I want to do a review of this and kind of make it clear where I think the connections 649 00:47:39,240 --> 00:47:42,560 are for the way the DAO is run. 650 00:47:42,560 --> 00:47:44,920 So those two episodes are coming up imminently. 651 00:47:44,920 --> 00:47:49,480 And then the next few weeks, we'll be doing a follow up with Pepe from Sandrush on the 652 00:47:49,480 --> 00:47:51,800 latest and greatest from Magic Pallet. 653 00:47:51,800 --> 00:47:54,440 And then I'll start my series of the sandbox ecosystem. 654 00:47:54,440 --> 00:47:58,520 I did the intro to the sandbox ecosystem, Sandal 31. 655 00:47:58,520 --> 00:48:02,560 I highly recommend go watch that. 656 00:48:02,560 --> 00:48:09,400 Everything that I've seen, I packed into the sandbox ecosystem episode. 657 00:48:09,400 --> 00:48:15,000 And a lot of people are talking, especially Kunta and the DAO medium article referenced 658 00:48:15,000 --> 00:48:18,160 how there's a lot of people both seen and unseen. 659 00:48:18,160 --> 00:48:23,880 And in that sandbox ecosystem intro, Sandal 31, I go over the depths of where I think 660 00:48:23,880 --> 00:48:26,000 that goes. 661 00:48:26,000 --> 00:48:28,000 Okay. 662 00:48:28,000 --> 00:48:32,600 And then I'm going to deep dive into each part of what I did the intro for. 663 00:48:32,600 --> 00:48:37,040 So sandbox ecosystem and the creators and the market and the DAO and the gamers. 664 00:48:37,040 --> 00:48:42,640 I'm going to deep dive into it to really hone in on how I think those relationships and 665 00:48:42,640 --> 00:48:44,640 responsibilities are playing out. 666 00:48:44,640 --> 00:48:47,840 Whereas 31 was just an intro, very high level stuff. 667 00:48:47,840 --> 00:48:48,840 Okay. 668 00:48:48,840 --> 00:48:54,960 If you want to connect to the to the SanFam ecosystem, we gather in many different places. 669 00:48:54,960 --> 00:49:01,720 So the sandbox discord and there's a DAO discussion channel among many, many other dozens of channels, 670 00:49:01,720 --> 00:49:05,160 whether you're a creator, a landowner, you can find a place there to talk. 671 00:49:05,160 --> 00:49:10,040 The sandbox DAO forums is where everyone who participates and the sandbox DAO where you 672 00:49:10,040 --> 00:49:16,000 post SIPs ideas and you discuss everything related to the DAO goes there. 673 00:49:16,000 --> 00:49:20,680 And X and Twitter, there's hashtag SanFam, hashtag sandbox DAO, hashtag the sandbox 674 00:49:20,680 --> 00:49:28,320 game and then the sandbox DAO Twitter handle or X handle the newest and latest and greatest 675 00:49:28,320 --> 00:49:29,560 on YouTube. 676 00:49:29,560 --> 00:49:32,880 There's the at the sandbox DAO, which is brand new. 677 00:49:32,880 --> 00:49:35,960 Kunta just posted the first video yesterday. 678 00:49:35,960 --> 00:49:44,040 And then there's also my Sandow podcast, which is at Lancer YT for the sandbox X and Twitter 679 00:49:44,040 --> 00:49:50,400 spaces on Mondays is mocha verse hall on Saturdays is Bulls on the Block Monday through Friday 680 00:49:50,400 --> 00:50:01,580 is coffee with captain Tuesdays as well members at natively digital and SanFam Cafe is monthly. 681 00:50:01,580 --> 00:50:02,740 Thank you all for your time. 682 00:50:02,740 --> 00:50:08,520 Thank you for showing up and hearing this. 683 00:50:08,520 --> 00:50:13,640 There's a lot going on the sandbox DAO and we really need participation, especially in 684 00:50:13,640 --> 00:50:14,640 quorum. 685 00:50:14,640 --> 00:50:20,640 And yeah, today's episode was the medium article published by the sandbox called progressive 686 00:50:20,640 --> 00:50:24,240 decentralization SIPs and the sandbox DAO and my reaction to it. 687 00:50:24,240 --> 00:50:25,240 Thank you everyone. 688 00:50:25,240 --> 00:50:26,240 Have a great day. 689 00:50:26,240 --> 00:50:52,240 You