Transcript: GM Farcaster ep270 Friday July 25, 2025 with @toadyhawk @betrmint

NounishProf, adrienne, toadyhawk.eth · GM Farcaster

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are you ready are you ready because now we are live how are you uh-oh you just froze no

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i'm back

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okay there you are i'm like no no we're just like we're gonna get through this today without any technical difficulties i am manifesting it and that is the way it shall be so there we go really excited because today we do have toadie hawk coming on around 9am eastern time so about twenty five minutes from now and we're gonna be talking betterment and neon chain summer and all the fun things but we have a bunch of stuff to talk about before we even get to that so i think we should just get rolling what do you think

0:49Speaker 1

yes happy friday by the way i think someone spiked my coffee this morning i woke up i woke up it to what you know like before our show i woke up and i was having my coffee i was catching up and i was scrolling through lore.jamforecaster.com and i went back to like frame friday days

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oh that's good

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and i bid on many casts that i that don't need to be bid on but i i got really excited and then i just upped the bid on dan's molay it's pushing $500 or something not

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wow and we've got a ways to go on that one though we still have a few days so yeah wow wow wow

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let's run it

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okay i guess she did get her her coffee was definitely spiked alright we're gonna get started and we'll be back in forty seconds

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welcome to gm farcaster bringing you everything from breaking news to spicy memes to the deep lore shaping this vibrant digital community more than just a show gm farcaster is your digital third space where the community connects the stories unfold and the culture thrives whether you're a daily caster or just dropping by we've got the latest buzz to keep you plugged in so grab your coffee then let's dive in with your hosts nanesh prop and adrienne for another episode of gm farcaster

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gm farcaster it is friday july 25 happy friday and you are here with now just profiting adrianne for twenty nine minutes of farcaster news to start your day plus a chat with the toadie hawk which i am just tweeting now about so let me get that out

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with toadie hawk joining in just about twenty minutes

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very excited very excited to chat with him we have a lot going on

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yeah so

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super excited did anyone and i'm curious if anyone out there just got my notification from the mini app

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app saying we are live because it said it only went to two people uh-oh i it should be going to many more

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and i did not get it

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and when i got it in my notification it came up with a the wrong icon oh weird

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i wonder if that is related to the funkiness that happened yesterday which we're about to talk about

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so i'm gonna cast out live now since it's

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because maybe we're not yeah i don't know what's going on

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yeah because i don't see anything from our mini app and i usually do so weird very weird i know alright well we're just gonna have to roll

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i might send another notification and spam people this morning try it sorry not sorry

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but i wonder if it's related to this so we had some issues the past couple of days or all day like yesterday off and on farcaster app should be more stable now this is from v ran into some database issues last night and we fixed 95% of it a few more loose ends to clean up and we should be back in good shape farcaster protocol remains unaffected all other clients were able to read and write to the protocol just fine during the incident although i did hear some folks saying that they were having issues with tba as well so i'm not sure if that changed at all where maybe there was an issue but anyway so i wonder if that somehow impacted the notifications

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i don't know i don't know

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did you try it again

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i i'm i'm we're now i'm going to do it

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so alright

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it literally says two two recipients and it also pulled i have this like just a little silly mini app for free compliments and it oh yeah pulled the icon from my free compliment mini app and it's showing but i don't know why

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oh so i wonder if i did get it and i'm just looking at nope i still don't see it oh weird that's weird weird weird alright well maybe there's still some lingering issues occurring let's hopefully those will get fixed so that was a little bit of an issue yesterday we did have the collectibles auctions so the first ones ended and we've had our first twenty four hours of collectibles and this is from dan collectible stats roughly 24 in 3,700 plus unique auctions 1,100 plus unique creators receiving bids 11 1,000 unique bidders and $6,000 plus in creator earnings from settled auctions so not bad that's pretty cool and most of the auctions for anything that was older than twenty four hours when the auction started so that first day those are gonna be not ending for seven days so which is really long it's too long so a lot of these won't even settle until next week but yeah so very interesting first first start we will see this sort of calm down i'm sure but i do think it's gonna continue to be a primitive that we will see let me find some more on that so this was from horse facts timeline today so this is this is the other day the earliest collectible auctions will start settling around noon that was yesterday unless they are extended new bids in the final fifteen minutes extend another fifteen minutes reload your wallets and prepare your thumbs two no need to claim we'll settle completed auctions on settlement the cast is minted to your farcaster wallet as an erc $7.21 it's fully transferable this one's a little tricky i wanted to point this out because if you go into where it says casts in your wallet if you try to transfer that one that's not going to work you have to go back into your collectibles area of your wallet where the nft lives so there's two different sort of things it's pointing to the cast and you'll see that image in the cast section but you won't necessarily see it you'll see a little arch image in your wallet section so if you want to transfer it that's where you do that three working on rendering the same nice image artifact we have in the app across wallets and secondary marketplaces for today you'll see a placeholder image that's the arch and cast metadata like the text author and timestamp will reveal soon so hopefully we'll get we'll get that figured out and then four we've set an optional 0.5% creator fee on opensea that goes to the same wallet as protocol fees from the auction auction and secondary fees will both go to creator and developer rewards for those interested here's the nft contract on base scan and source on github so if you wanted to create anything related to this there's all the info that you need okay so more to come i'm sure about all of this this from jrf the main takeaway for me on collectible is that the broadcaster community really knows how to turn simple composable crypto ux into delightful creative marketplaces and i would say that has been the most fun thing to see for me is what people are doing with this like the experiments that are coming the creativity it that's always i don't know the most fun and that reminds me of like when you said frame friday that you're going back to those casts like that was the same kind of thing like watching people come up with the crazy things was just fun so that's what i've been enjoying this from toadie hawk who'll be with us later on today even if collectibles were to fail after one week and accomplish nothing else they will still have pulled off pulled all of the best cast from the watery depths of farcaster history and ordered them in a way that only markets can and that alone might have been worth it which i do think that's really interesting because we will see certain casts getting you know what what finds the most most bids and what you know what is the most attractive thing and moli's hanging right up there which is funny

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this has been a common theme i love this from tony i feel like this has been a common theme we had this conversation with rachel on chain or on yesterday about always wanting to know people are so obsessed with like wanting something to be the thing that becomes a thing in the future yeah and i love just like forget about the future just here and today what's the value today like oh this is super fun we're having a great time we're making friends we're building things like there's value just in it being cool today without having to worry about like there's so much debate over coins versus collectibles or you know forecaster versus competitor competitors and it's like who cares it's cool today it's cool today

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i think that's yeah i think the the moment is fun and is it gonna last forever who knows we don't know we don't know what the staying power will be of collectibles we don't know and if you're speculating on something having a future value don't don't because it's not gonna work out well i really don't think it will so don't don't do that but if you're having fun and you're collecting things because you wanna own that thing and have that moment in your you know in your treasure box of your wallet then do that because that's what makes it fun yeah

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did you pull my cast from yesterday about secondary markets

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i don't know if i did i don't think i did i don't think i did

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i just had this random thought i was like why the obsession over secondary markets like most things you buy in life don't have secondary markets

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that's a great point like you buy things all

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the time every day and most things you do buy if they have a secondary market the price is

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gone there much lower i think because we've tied nfts to art and collectible things you know similar to baseball cards so when we think about it like that those do have secondary markets and the traditionally they've gone up in value so i think because of that we automatically anything that's like that or anything that's an nft we think oh it could go up in value someday or could have and it could but it also couldn't also may not you know so when you you know and i think this is important when you're buying art you know any kind of art you buy it because you love it not because you know you think it's gonna go up in value and the same thing with you know if you're buying the baseball card buy it because you like that player not just because you think it's gonna go up in value but many people will do the opposite and will speculate so there you go but i agree i think we have more secondary markets for things than we've ever had though also just for many types of things but you're right most of them don't go up in value this from fred this is cool to see from fred wilson hi casters i've been enjoying the collecting game that the farcaster team launched this week i like the i like the phrasing of that the framing collecting game engaging on casts can be and should be more like more than a like recast or reply i have long believed that mint is the new like and also the path to monetization for consumer crypto so i'm very enthusiastic about this experiment so i thought that was interesting and i think that i like the idea of the collecting game where it's not just and i do feel like it is a little bit of a game where you have you know different people competing for the same cast and bidding outbidding each other and those kind of things and it kind of becoming its own fun meta of its own so yeah i think if you think about it in that framework it feels a little less speculative

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and also everybody's just you know trying to outbid pugson is really what the game is right now this is the game people

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pugson pugson always what like a top five caster in my book but especially this week number one

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this week just incredible amazing and this is from dan plugson is the top bidder so far call him p biddy which i just i was like oh that dad jokes just roll right off the tongue there dan

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too bad toady wasn't here he would've appreciated that and this we have to give a shout out to yes to crypto who picked up our first cast for a meme worthy $37.37 one for each of the people on farcaster so thank you yes to crypto and everyone else who bid you are welcome to dm us anything specific you want us to shout out otherwise we're just going to have to listen to nana farf and adrian talk about how they love you i'm assuming i didn't see anything from yestocrypto specific did you get anything specific

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he gave us he gave us nothing

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so we just have

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to talk about how much we love him

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we just love you

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this year we love you

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love you we just love you yes to crypto i was very happy to see that he was the one who won this auction too it just made me happy it just feels like right

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totally

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like the right person to win this auction so i just love that and if you're not familiar if you're not following yes to crypto first of all what are you doing with your life and how are you even on farcaster so go first of all go do that but second of all some of the lore that he has created himself is pretty impressive we need to go back and bid on his memes his memes would have would have if we had collectibles at the time when he was rolling those out that would have been amazing so i have to go back and and bid on a few of those because they were amazing so for one hundred and eighty days he did a meme a day to try and bully matcha into adding limit orders on base and it works

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bullying works that's your lesson that's your lesson

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that's your lesson creative bullying creative bullying because he puts so much effort into it that it became a whole thing so they eventually you know did that oh i should have worn my i should have worn my cat shirt today damn it i didn't think of it till just now so that you know just a few of just a little bit of love for for yes to yes to crypto and thank you for bidding on the auction i also was thinking and i have to like think this fully through but you'll probably see it sometime maybe even over the weekend or early next week doing something with our shop and making it so that if it's over a certain amount they get the item for free or something like that i'll have to play around with it because i have to figure out numbers but there's something we could do where it would be a little less like you could get this mug and and it would be a little less than you get it on shopify but you know still like and it's a way to promote it so i have i have to play around with that there's something there there's something there we'll figure that out something there alright well i loved what samantha did that was very smart so it got me thinking i'm like we should do something like that alright moving on we also have the sim card so if you want to know who's collecting your stuff or who the top sims are you can look at this mini app from jc4p the hall of shame or whatever you want to call it i like it the hall of fame personally we've got pugson at the top of course and then horsebacks caso who i don't even know p3 shoemaker july number five dan coming in at number six he is the probably the most collected or maybe bert is i'm not sure which but he's also he's simping he's simping a lot and then we got burt wurst coming in at number eight lob's thumb and then yes to crypto at number 12 casra's in there at thirteen and there i am at fourteen that's what i was trying to get to i was at like eleven and then i i dropped a little bit i think i got outbid by pugsen a few times so lost my start spot so i'm embarrassed

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to say i don't totally know what simp means i think i'm either too old or not on the internet enough i mean i kind of figured it out but i am gonna out myself for being a loser

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yeah you're just it's just yeah am i just old is it old i mean it's kind of been in your vernacular for a while yeah so but yeah it's a little bit at the young ends it's like you know

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it made me feel like a loser when i saw this come out so i didn't even open it that's really funny

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so that was really cool very nice quick little mini app from the amazing jc four p adrienne can you code a shopify what was that i missed that one

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hold on

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can you go to shopify coupon generator based on purchase price that's interesting that would be fun

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or i could just put in a discount code and make life easy oh this was a kind of a cool one as well this is what again made me think of it as well was this from goose the collector of this cast wins 100 custom coins or keychains created by wizard pins by the way wizard pins really nice quality that's what we did our don't have them handy but our little penguin pin that we had a while back so very cool so interesting yeah i think there's some really cool experiments happening this from garrett how much is one hour of my time worth whoever wins this bid for this cast will get a one hour call with me to discuss anything they want happy to give feedback test a mini app give advice share my perspective or whatever else you may want to chat about so really cool someone below said can this be used as a punishment

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it's just funny

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kind of like that and then this from nif nifty ninty nick announcing collectible fractionalization you can now fractionalize any farcaster collectible into tradable erc 20 tokens

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like what did we need this okay fine after winning a collectible auction you can split your nft into fractional shares the nft goes into a vault on base and you get erc 20 tokens representing ownership pieces that anyone can buy and trade why this matters expensive collectibles become accessible to everyone creates liquid markets for cast ownership cast authors earn 2.5% on all fractional trades communities can collectively own iconic moments how it works split your collectible into 1,000 to 100,000 tokens fractional owners get voting rights token holders can team up to reunify and claim the original nft back all standard erc-20s on base works with any dex or defi protocol check out the demo here all right so this could be really interesting and fun i could see like what if you know a bunch of people wanted to own mole instead of just one person that might be something i don't know this also could be somehow gamified and i don't know how what that would look like but that could be interesting as well so there's something here but i was like oh my god this is complicated this is complicated yeah they're complicating things but it's kind of interesting so lots of lots of fun experiments alright moving on from collectibles to rewards for videos earn 500 leaderboard points by uploading a video each week we're running this promotion to encourage users to test our new videos feature and give us feedback videos must have audio and be longer than ten seconds to qualify please do not post obvious spam or try to abuse the system to earn points the goal is to increase the number of authentic user created videos on farcaster if you do we may disqualify you from future rewards and boosts so there you go

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by the way anyone who's going to post spam and try to abuse the system definitely did not click through to the second cast to read this

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did not definitely did not definitely

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they're definitely not listening to us warn you they are busy spamming the feed right now they will never know

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and by the way they're

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not getting their 500 points

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exactly and by the way this from miguel gereste so funny so funny it's ten seconds it does have audio i'm just not playing the audio but it tells you the exact rules of the game it's like in his way so

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i saw it i was in my i saw the notification in your in the rewards mini app it says you're getting a boost so i got my notification that i was getting a boost before varun announced it and then i checked it

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that's funny i didn't even think i noticed that oh that's cool

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i felt so strongly online for a minute

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yeah i didn't even see that i'll have to go look and see if i have one this from afro chicks i have been airdropped $25 for posting on base app this week the reward tiers are different to farcaster plus there isn't a real time weekly leaderboard instead there's an all time leaderboard in the earn section did anyone else earn on base app this week and i don't think i did but for anybody who did i know a few people i think i did last week though i got $10 but i don't think i did for this week yet so so just another way to for creators to earn and i do see totie hawk down there in our green room i'm gonna bring him up in just a moment i want to make sure i got through most of these things this from vee trending notifications don't miss out on farcaster alpha trending notifications keep you up to date with what your friends are doing on chain trending is mentioned many times in this cast notifications are triggered when many people you follow buy the same asset within a a few hours you can enable or disable these notifications and settings notifications trending on chain so if you are not wanting to see what other people are buying in terms of tokens if you don't want those notifications that's where you turn them off but they're trying to get them a little bit better and make them a little more useful for all of us who do want them and this from the ethereum foundation celebrate ten years of ethereum in your city the ecosystem is hosting 100 plus events across the globe to welcome a new decade of ethereum to find an event in your region go to ethereum.org/10years and there's all over the world different events happening a couple more quick things this you're gonna have to go read it's really long this is from our friend danica swanson the studio slow core team is excited to introduce the new gift economics channel a farcaster native small scale gift economics lab and roundtable stewarded and moderated by danica swanson triggs.eth and y0b the channel was kindly gifted to us by ted we plan to host thoughtful deep dive conversations that cater to long form readers and systems thinkers in particular the channel will encourage open and earnest discussions about structural factors that influence how writers artists and other creative professionals are and aren't paid there's a lot of secrecy and compensation in the arts for all kinds of reasons our stewards help facilitate more clarity about where things stand so go check that out in the gift economics channel this from firkin i still don't exactly know what this is so wtf what the firkin go check this out i'm not even sure exactly what this is but it does look like an interesting experiment so go take a peek at what the firkin haven't even dove in too much with that and this also from steve introducing tbd a new way to explore and trade baseapp.base.ethcoins find alpha by seeding all new base app coin launches instantly swap directly from our ux for fast easy trading pro level filters tightly integrated with farcaster and the social graph live now and that coin was popping off as well so take a peek at that and not financial advice whatsoever and this from our friend jay petrich we're excited to announce that we've raised 30,000,000 in series a funding led by forerunner with participation from nea y combinator burst capital prelude and parafy thanks to our team users and investors for believing in our vision this is just the beginning this is for courtyard.io and if you're not familiar this is a way to trade collectibles as a matter of fact and speaking of real life collectibles

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like actual

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in a digital way actual like baseball cards but you do it digitally on polygon of all places so it's funny because he's like maybe i can get a shout out from jam farcaster i'm like i already pulled the the cast i already pulled the cast he's like even though it has nothing to do with farcaster but it does because it's it's totally tapping into the incubator ethos that is farcaster so we've been watching joe build this with his team for so long and it's really cool to see this happening so congratulations and lastly before we jump to tody this from linda we've got an exciting farcaster ama with brian armstrong the co founder and ceo of coinbase coming up on monday august 4 at 10:15am pt you can use this events xyz link to add to your calendar as a reminder so that will be fun he has done amas before and i'm excited to see that and i lied there is one more thing this from ted little sad news personal update from ted made the tough decision to leave farcaster the merkel team she she means grateful to work alongside such a bar raising team on what i believe is a mission critical for the future decentralized social forever a fan can't wait to roll up my sleeves and dig into what's next but first a week to soak up the sun more soon so ted good luck on whatever is next for those who've been here for a minute some of us weren't that surprised i feel like you know maybe it just was a little early for that type of role for merkel so yeah there we go but it's important to experiment and see what we can do so there we go alright

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love ted though

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we love ted

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i can't even like to me forecaster is just like ted is forecaster so i

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but i feel like she's been a lot quieter so maybe we'll have a lot more ted actually yeah that's it funny enough alright let's bring up mister toadie hawk to the stage hello toadie hi toadie

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gm gm broadcaster

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gm toadie hawk are we twinning nice shirt

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we are twinning

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i'm in now hey

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hey twinning

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unfortunately i'm here to announce that i'm leaving farcaster sorry

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no you're not

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i'm sorry

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she just kicked him off this day you can bring him back now okay guys

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i don't know i i think i would have been here for the bit if you just continued on like nothing happened

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so funny and it wasn't a coincidence all right tony hawk you have been busy like to say the least yeah i think that's an understatement

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better better busy than bored that's what i always say

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yeah for sure so let's talk about neon chain summer and what the heck is that and but we should probably take a step back and just tell people what betterment is first sure before we jump into that and then let's jump into what neon chain summer is so

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sure where

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do you want to start

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so betterment is a mini app do you guys know what mini apps are you heard of those

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i don't i'm not familiar we call

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them frames we call them frames around

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here we

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call them frames exactly

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betterment is a mini app that makes collecting on chain content and supporting on chain creators into a thrice weekly event the live event that happens in a mini app gives people a reason to show up and collect content from creators that they maybe love or maybe they're about to discover and in return they can win some bonuses spin a wheel a neon wheel and win some bonuses back in base tokens so kind of a simple mechanic that way just i call it distribution by dopamine basically for creators we've we've founded this started this out three months ago and it's been going really well i think we just did the numbers and we've done over $85,000 worth of volume for you wow which is like

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that's crazy

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yeah it's pretty good and also been able to pay pay out over 10 eth to our creators too which which is our north stars like helping creators like you guys and and and me and and other artists and creators figure out ways to get paid for their creativity on on chain and you guys know better than than most that it's very difficult in this climate to do that consistently so yeah so that that's kind of what we're doing and and maybe that's a good lead into what we're doing with with neon chain summer

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yeah let me just show this demo page oh if i can i don't know if i can oh maybe it's not working

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if it's in a browser it's not gonna work but if it's in

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oh okay never mind

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has to be within firecaster but

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oh see messing me up okay i wanted to just show it show it off but you can go check out there's a demo version of this that i think is really cool because that way you get to see it even if it's not actually a live spin and essentially you're clicking to mint something you can mint one five however many i think that's the max now right five yeah per spin and then you get to spin that many times so however many times however many copies you meant is how many spins you got and it's fun it's just really fun so i appreciate the new mechanic that you're playing around with i did

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send you i sent you the link on farcaster i don't know if that's helpful if you wanna bring it up in farcaster and that way you'll be able to run the demo properly but

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yeah let me see if i can do that

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we do it live

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we do it live i don't yeah i don't i don't know if it'll work right now let's just move on to let's talk about nate and change summer moving on so so when nate and shane summer like once

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we started this when nate knows my technical cofounder and i started this app we just to keep it simple we we use a pods.media activation to begin because pods uses an old version of zora that has a very clear cut reward system for creators so it just made a lot of sense to sort of bootstrap and and and use that for the app plus i have a podcast my co creator jack wilds has a podcast you guys have a podcast so i knew lots of ways that we could dog food the app if we started with podcasts but it was always our intention to expand it out to other creators once we figured out how to incorporate other platforms essentially for different types of media so we're we're there we're ready to incorporate other types of art and artists and so to celebrate that we we wanted to kick off sort of celebration of farcaster native art on the timeline i personally feel like there's a a dearth of of art on the timeline lately you don't see a lot of it at all really i'd love to see more of it and so we thought how can we try to you know be a catalyst for that change so we approached a lot of different projects in the ecosystem and and have a lot of great partners who are who've come on board to to help us fund a bunch of prize pools to run ten weeks worth of artist focused rounds by farcaster native artists i'm sure you've heard of some of them i can kinda go over some of the lineup because it's a it's a pretty good one but we've got oxen who i'm sure you guys all know we got we know

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we love oxen

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we love oxen we love oxen miguel who just did the official firecaster pro subscription animation is gonna be doing an animation for this sloppy pencil who if you don't know him you better get to know him he's the animator if you know the pickle rick episode of rick and morty he is literally the guy that animated pickle rick

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right that's why he's the pickle he's the pickle oh he's

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a nice pickle so it all

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makes sense nice pickle

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louis osp who i actually didn't know before but it was brought to my attention when i sort of sent out a cast and asked people to recommend their favorite forecaster artists a few people recommended him and he has a really really neat style and really love it i think it's gonna lend itself well to the the prompt for this event which is basically on chain summer but make it neon so excited for that hola kidd who's sort of an artist from argentina who's coming up in the farfetch ecosystem i've collaborated with him a couple times before incredible incredible style we've got empress trash who is actually a neon aesthetic ai assisted artist who i discovered on tiktok of all places i was supposed

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to do a video that's wild

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on our zero on our zero rights tiktok and i tend to get a lot of web three content served to me there by the algorithm and i just happened to see some videos that she made that were like very neon aesthetic and so i reached out to her on farcaster and i said hey we're doing this thing would you like to collaborate and she was excited to do so and she's actually gonna be our first drop later today which we'll we'll talk about in a bit we also have pixa head who's an amazing pixel artist from the firecast ecosystem

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flood who i'm not sure how to say his name aloud

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it's a lot of f

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four f's for

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it's a lot of f's

37:03Speaker 2

we have lord dangu and zero x aprilia those are the 10 artists from the original roster we are in the process actually of doing like a final sprint of fundraising here to see if we can expand the roster from 10 to 16 artists because frankly when we announced this about three weeks ago i had so many artists in my dms being like i wanna participate too but we kind of already had the roster set before we went to sponsors because we needed to have some proof of work and so anyway all that to say we're trying to see if we can expand it a little bit more and and include a few more artists so it's at least and i

37:35Speaker 0

saw this i saw this yesterday as well which was very cool so if you want to support so they can expand to different artists here's the little bonus opportunity so this was from kronos hello neon fans i'm warming up the engines and checking all circuits the pfp neonifying marathon is about to begin for several hours i'll be your personal pfp neonizer bot all you need to do is donate at least $1 to the neonchained summer crowd fund and cast this message in the better channel and you can check this out and you'll find the crowdfund as well expand our neon chain summer art series to 16 artists and you can donate right here as part of the crowdfund mini app and if you do that you can also then cast this and get your own little neon very cool little neon pfe

38:28Speaker 2

that was supposed to be mostly yesterday but he's gonna be doing it again today after he's done done work because yesterday as you guys know the network was not in a good place and so he was he was just like pulling his hair out trying to upload images and stuff so he's gonna do more today but that the funny story there we were talking about it we have a chat for people who hold 50,000,000 or more of the native token for betterment which is b e t r dollar sign better and we were talking about how cults.fun was doing this interesting airdrop where you had to sort of ai generate a a cults themed pfp in order to claim the airdrop and we were thinking oh it'd be neat you know to have an ai generated tool where people could neonify their pfp for neon chain summer and we were talking about how to do that and then kronos who's a neon aesthetic artist like piped up and he's like you know i could just be a bot for you

39:18Speaker 0

for today do that

39:20Speaker 2

i was like you know what that's perfect that like fits totally fits the ethos of what we're doing here and so we just paid him for the day now it will be two days to sit there and make neon versions of people's pfts and actually kronest is one of the artists that we're trying to expand to include in the profile because i actually unfortunately did not know about his work before we started preparing for this but when i announced it like 10 people were like how do you not have kronos down here like he he has a he has a token called dollars on neon like what are you doing and so i really wanna be able to include neon in in this series and i think we will be able to

39:54Speaker 0

that's awesome i love that and also speaking of other things you're doing with the better believers group as well there's better full poker and some of it's open to anybody and then every once in a while there's a pop up

40:09Speaker 2

yes

40:10Speaker 0

secret game and if you are one of the better believers in other words you're holding 50,000,000 better token and you're in the group chat you'll find those games popping up but there's also betterfull poker tournaments happening there's one today i believe this was from a couple days ago but

40:28Speaker 2

yep

40:28Speaker 0

there's one on fridays as well and so if you go follow burberry you will see when the latest is coming so

40:36Speaker 2

yeah we hired melissa almost a month ago now for a two month stint to help us build community her official role is cfo chief fund officer for betterment and she's just helping sort of build our community and strengthen sort of the bonds that we're you know that we're building with the app that we're building so excited for that i was a big fan of melissa's before i saw everything she built with her own poker club and she did all that for really no you know no pain nothing yeah just to just to bring some fun to the timeline and like poker i i i play a lot of poker in my day like i have a a a dj and tony chapter in my twenties when i definitely spent way way too much time playing cash poker and so i i love the game and i play it with my friends i think it's a really great game the other thing too is that it's a good game for like just beginners and people to sort of get together and have fun because there is it is a skill game but there's definitely a lot of luck involved and so anyone can kind of jump in and have fun it's a great sort of community builder and melissa just does a great job of like organizing these pop up tournaments and people really really love it and she's helping us in other ways too just to sort of build the community vibes as we as we build the app

41:47Speaker 0

love it and then you also have expanded to paragraph coins so you had your first experiment with that this week right and

41:56Speaker 2

yeah we we've built scaffolding i call it for for both kinds of contact coins now zuora and and paragraph we didn't originally support them when we launched the app because the the reward structure for creators is not as obvious with coins like for example if i collect a $100

42:13Speaker 0

true

42:14Speaker 2

worth of prof coin you know you're not making $50 there you're making 1% of volume right it's good it's good for different things like i think what what we're experimenting with with with coins is really neat in terms of like tokenizing the attention the variety of the attention but it's it's just different than sort of the traditional you know more patronage model of of collecting nfts so we had to figure out how do we marry that approach that jacob's sort of invented with you know our ethos of like making sure creators get paid every time that they are featured in the app so what we basically did is we we built a layer too essentially on top of content coins where we use when we're featuring a content coin whether it be a paragraph coin or a a zora coin when you jump in the app and you you spin for that day what you're doing is you're buying a little bit of the coin and then the remainder of your spin cost is being is basically going straight to the creator and to the app

43:07Speaker 0

oh that's good

43:08Speaker 2

and so that way you know you get the the creator coin sorta get some interesting attention and we can talk about that in a second because it's been some there's been some weird behavior almost with the charts when we when we run these rounds and then also the creator's just guaranteed to make like 350 to $400 throughout the round for their creativity which

43:27Speaker 0

that's good

43:28Speaker 2

was it was important to us we didn't want we don't wanna like dangle a stick and not be able to deliver for creators from the future yeah

43:34Speaker 0

it's just so just so people understand like when you're doing it with a pods nft it's just a little easier split because you can create a split contract within pods and it's just very even easy easy to do and the creators are getting you know half of whatever the spins are that day from the from the buying of the nfts but when you're dealing with coins yeah it's much trickier it's a much easier yeah

44:02Speaker 2

well when you're dealing with pods you're really you're literally just driving distribution to the

44:05Speaker 0

to exactly to the nft

44:07Speaker 2

the same as if you were using layer three or boost protocol which were both you know big influences in what what we were building so yeah much more straightforward with zuora it's it's it's and with coins it's it's definitely more of like it's a custom set of of contracts that netnose has built to make this work and let's just say if it was main net in 2021 the zorro coin contract would cost you know close to $200 per spin i'm not even kidding because yeah of all the things that happen under under the hood when you spin but the great thing is like with base and with you know the new with the roll up centric road road map we can do these types of things for pennies and it's it's pretty cool to be able to experiment you have the you have the paragraph coin up there that we featured on wednesday from sonya

44:50Speaker 0

by the

44:50Speaker 2

way you haven't read this article i really

44:52Speaker 0

i haven't read it yet you read it like

44:54Speaker 2

sonya is just like restored my entire confidence in the entire career of journalism because i've i've almost stopped paying attention to to journalists unfortunately in this space because so many of them are just hacks they don't care they put out sensationalist garbage or or they're or they're trying to scam you you know or nothing in between so when she reached out to to write this article you know i i was happy to do it because i'd seen her on the timeline and whatnot but i was just blown away by how much time she spent speaking to me asking follow-up questions like i'm really understanding what we're trying to do with the app and it's an it's an incredible piece i'm gonna be pinning it to the top of our channel so people can read it to learn about how the app works that's how good it is and then right before

45:36Speaker 0

great so if and if you haven't if you haven't played around with betterment and you don't know anything about it this would be a great starting point if you wanna learn more for sure

45:43Speaker 2

yeah it doesn't like prime you on exactly how it works but it it goes through like all the community the tokenomics what we're trying to do the challenges she just did a great job of breaking that all down and understanding it so kudos to sonia and thank you and then before she was about to drop this she reached out to me on the monday and she's like hey what if we sort of did something meta and we dropped this on on betterment when when it goes live and so that's what we did she she minted it as a paragraph

46:06Speaker 0

that's a great idea

46:07Speaker 2

if you didn't know that paragraph now has coins too everything you write on paragraph gets a content coin associated with it and so we we put it on paragraph and something really weird happened is that it the actual the coin itself the content coin when we featured it actually popped off and began and started trending on farcaster and ended up doing like a 10,000 x or a thousand percent sorry like a 10 x or a 100 x a 100 x on its price over the course of of the round which is just it's just funny it's like one of those things like markets be marketing you know and it's it's interesting what happens and also with these coins they're kind of like if you've ever tried to buy a content coin they're low liquidity and so there's something interesting about the dynamic when it interacts with betterment because people are buying you know these $2 spins basically and buying little little bits of the coin over the course of twenty minutes and it just like stair steps the chart and makes it do weird things and then people jump in and

46:56Speaker 0

it creates you probably see it's trending and other people are buying because it's trending and yeah so that's interesting i hadn't thought about that that is really interesting one other thing i want to highlight i said you had a lot going on i wasn't kidding

47:09Speaker 2

you were lying yeah

47:11Speaker 0

i wasn't kidding this was from yesterday correct yeah i think you did the neon chain summer but i wanted to kinda you're gonna be doing this weekly the neon chain summer sessions so i just wanted to like give it a little shout out so this will be your next one's gonna be next thursday

47:28Speaker 2

next thursday 2pm yep

47:30Speaker 0

next thursday 2pm so doing these neon chain summer sessions and this is over on twitter yes i'm assuming

47:38Speaker 2

we're gonna be doing them on stream as well i had some issues yesterday setting up the the stream but we will be or sorry not not stream retake

47:45Speaker 0

retake

47:46Speaker 2

so we're gonna have it live on both retake and and x for the next week's show

47:50Speaker 0

okay great awesome so look for that as well and then you have another spin happening today and this is the first day of neon chain summer also

48:01Speaker 2

you're right so you're tired by the way

48:03Speaker 0

i know well you're this is so much like i had a whole entire browser window that's just you it's just toady stuff

48:11Speaker 2

not creepy not creepy at all

48:13Speaker 0

not at all so this is for today and you received a 1,000,000 dgen grant from jacek to help with this celebration so we got that's hence the neon top hat there we go yeah so what what all is happening today with the betterment like what do you got going on

48:35Speaker 2

so normally you spin in betterment using eth the reason why is because we originally built it with pods.media and they use eth for their minting code no other reason really we may change it in the future but that's how it is right now but for the next ten weeks during this neon chain summer activation we will be doing spins during the neon chain drops in dgen so you'll have to have some detail in the wallet but when i was talking to jacek about this i like to make work for myself or for ourselves i don't know why but i was like i was like maybe there's a way we can make it so that it's not just a simple point of sale integration because like to me that didn't seem very bullish for the degen community it's like okay you gotta use degen to spin but like you're basically just i love it you're you're basically just incentivizing people to spend to to swap their degen at that point right because the the mint has to happen in eth right so your people would be showing up and you could just put like a little swap at the at the start but that's not really great for degen so instead you know i cajoled i cajoled netnose into doing this custom scaffolding again on on top of our existing mechanism that sort of preserves the value of dgen for the community and so what what'll happen is you'll have to have dgen in your wallet when you come to spin in today's spin at 3pm est but it's just we're just gonna take your dgen give it all to us we want all the dgen we're gonna pay the mint cost for you out of pocket we're gonna keep that d gen and roll it into a prize pool for the next round so that way

50:05Speaker 0

oh cool

50:06Speaker 2

that way it gets distributed out during a round to you know a 100 to a 150 people instead of getting sold on one clip whenever people

50:14Speaker 0

love it

50:14Speaker 2

do do the play and it should be a lot more organic and yeah so we're curious to see how that will work but net nose is a wizard so i'm sure it will all be great and jacek i think was really appreciative that we took the extra time to build something that was you know that considered sell pressure and whatnot for them too so

50:34Speaker 0

so i'd say that big thing today is make sure if you're playing betterment you have some degen in your wallet

50:40Speaker 2

800 degen i think did the math last night but about 800 degen is what you'll need per spin so

50:46Speaker 0

okay so make sure you have your degen have your top hat ready i wish you had your top hat handy i know we didn't think

50:54Speaker 1

mine

50:56Speaker 0

yeah where's yours

50:56Speaker 2

i have a hot one you have to send me a top hat

51:00Speaker 0

you need a top hat

51:01Speaker 1

it's not within reach

51:04Speaker 0

let's see all my hats are right here right right over there

51:09Speaker 1

this is very cute

51:10Speaker 2

within grass hey like you're

51:12Speaker 0

all within grass as well as i have goggles within

51:15Speaker 2

you're just like what's that guy's name carrot top you're like you're like carrot top but you just have like your props within reach at all times

51:21Speaker 0

just within reach just in case i need them i've got them handy

51:25Speaker 2

i couldn't talk but there

51:26Speaker 0

we go see you gotta have them handy just in case alright my

51:33Speaker 1

toady i have your i've got these

51:34Speaker 0

i've got these

51:35Speaker 2

let's go super base

51:38Speaker 0

these handy i've got everything handy

51:41Speaker 1

that's all i have there

51:42Speaker 0

you gotta have it you gotta oh you were wearing that yesterday we did a podcast with rachel on chain and that recorded and adrian was wearing the super bass hat for that so yeah funny it would

51:53Speaker 2

it wouldn't be an episode of gm farcaster if professor and i didn't have a swag off at some point

51:58Speaker 0

yeah exactly i mean you have to do it i i have like so many things that are just like right within reach i even have my i showed this on something else my girl scout cookies box

52:08Speaker 1

from my people off stage should i take my job off stage

52:11Speaker 2

you already turned off you already kicked me off stage so

52:14Speaker 1

what am i doing here

52:15Speaker 0

i don't have enough swag

52:17Speaker 2

you're modeling you're like the middle sibling that's keeping us from killing each other

52:21Speaker 0

that's no good stuff i am

52:23Speaker 1

a middle child by the way if that's

52:25Speaker 2

not obvious

52:25Speaker 0

there you go yeah there we go it all makes sense todie anything else that we didn't cover that was a lot there's a lot happening in better in the betterment world but anything we missed that you wanted to shout out that we may have forgotten about

52:42Speaker 2

no i don't think so we just finally made a channel maybe i'll leave with that

52:45Speaker 0

oh that's what i found

52:46Speaker 2

channel better b e t r and people were requesting it for a while but i was having issues actually with warps like i was trying to buy warps for a while it wasn't working properly so i anyway i finally got it fixed bought bought the channel no one was squatting on it so there's that

53:00Speaker 0

that's good

53:01Speaker 2

now we have the channel so that's

53:02Speaker 1

because no one has warps

53:04Speaker 2

yeah i guess yeah so i was protected by that

53:08Speaker 1

tony when you need a channel just ask me

53:11Speaker 0

she does channel as a service

53:13Speaker 1

i do channel creation as a service yeah

53:15Speaker 0

yes interesting if she has an insane amount of warps or we can probably ask goose

53:19Speaker 2

is this are you just wandering your warps

53:22Speaker 1

that's exactly what i'm doing

53:24Speaker 0

it's the only thing you can do with the warps oh

53:27Speaker 2

yeah maybe the only other thing i'll say too is that we are still in this process of trying to expand our artist roster from 10 to 16 and we're about 3,004 thousand dollars short of that goal we're gonna go forward with not neon chance number regardless just to be clear but we just wanna be able to include more artists so if you're a project that would like to be featured alongside the other sponsors that you just showed drop in my dms we have room for a couple more and we also have the crowd fund going on until tuesday i think and if you donate a dollar to that then you get your pfp neonified by kronos yeah pretty good deal

54:00Speaker 0

you'll get your pfp and yeah so here's all the premier sponsors and featured artists amazing crew that you've got here some of these some of these images i don't recognize in their neon form but i'm like who is that but it's very cool very very cool so excited for neon chain summer starting today

54:24Speaker 2

3pm pst empress trash if you watched if you watched the video yesterday you got a a bit of a sneak peek of the piece that she made it's incredible you're gonna wanna collect it so i'm excited

54:35Speaker 0

amazing amazing and so look for that look for go donate if you're able to the neon chain summer art series expansion crowd fund look for better poker betterfold poker which will be coming up later today as well and go give this a read the betterment flywheel so and with that i think that's everything i can't believe i forgot to put the neon gm up i just remembered i just remembered the very end

55:08Speaker 2

i love it

55:09Speaker 0

and with that everybody we're gonna call it there thank you toadie hawk for joining us today this has been so fun

55:16Speaker 2

always a pleasure

55:17Speaker 0

happy friday all and we'll be back monday 11:30am eastern with creator dao we're gonna have creator dao and ryan from the creators and we'll be talking about that

55:29Speaker 2

partners for neon chambers so let's go

55:31Speaker 0

there you go amazing and so we'll be chatting with them about all that they have going on and until then everybody have a great weekend happy friday adrienne anything else before we head out

55:45Speaker 1

happy friday

55:46Speaker 0

happy friday and with that everybody bye