Transcript: Hats, Hacks & Betr ways to meme: GM Farcaster ep289 with guest cohost @toadyhawk.eth

NounishProf, toadyhawk.eth · GM Farcaster

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come on

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g m i have not adrian joining me today in the co host seat for those who are unfamiliar with that lore tony has filled him before but we generally just call him not adrian dutti so which he he owns that particular ens because adrian had a firm

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i have a confession to make i i don't think i renewed the i think it might

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have been sad

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so someone else has taken on the mantle of not adrianne or maybe it's still available

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maybe not it might be available if somebody wants to pick it up yeah so excited to have you here and i love that hat i want that hat and need that hat just letting you know

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because shout out minted merch these are some pops samples will be available soon

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i'm hoping to get my hands on it very soon so that in these moments i can wear it so i went with the toad as a substitute and that's

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that's an

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exclusive substitute and which of toadies merch am i gonna wear so i went with the farcon arch with the gator there we go

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this is this is why they call you the hostess with the mostess est now i understand

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i i do what i can i do what i can i would wear this

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i brought this so you know for having a swag off

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it's too much i just can't so

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that's a very limited that's a very limited edition i don't think very many people have that hat

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i love it but i it's more of a you know it's more of a souvenir

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my favorite story about about making those hats and hoodies that that was a a very limited run of yellow collective merch that we did early on in in the collective and i brought one to must have been denver i guess i brought one to jesse and i was like here you go here's your swag bag

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that's right

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and then like the next day he brought me aside he's like tony i just have to tell you yellow is just not my color i can't wear it but i love it i'll wear it at home i just can't wear it i like

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how i feel very yellow

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it is very yellow

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very yellow very very yellow all right we are going to get rolling so let's get get into it i'm gonna start with our little intro i'm gonna retweet things let people know we're live and we'll be back in just 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 and let's dive in with your hosts nanesh prath and adrianne for another episode of gm farcaster

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gm

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gm farcaster it is a friday september 12 and you are here with nautish prop and tony hawk filling in for adrian okay

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was that a convincing adrian or no

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that was a really convincing adrian that was just way too funny i'm i have one last retweet to do this

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is a good one i'll i'll apologize for making us late yesterday i had a stream with dish i think you saw it

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it was so good

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it was fun but i have a i have a really great camera it's called the insta three sixty link two

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i know

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exactly shout out it's a great camera pretty cheap too but it comes with for some reason the flimsiest tripod known to man it's amazing camera flimsy tripod and the great thing is it has like stabilization so like if i move over here or over here it kinda follows me

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it comes with you oh that's right okay yeah

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and it stabilizes me too but yesterday during the stream for some reason at that moment the tripod just started to like go like this so throughout the stream if you watch the stream my background slowly goes like this but i stay because it's got stabilization so it's like i'm there and people thought i ever going crazy because my background was slowly like slipping into the void during the stream

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at the very end you looked like you're a little crooked but it was at the very end when it was just you and nothing else on the screen is when i noticed it i was like well

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anyway i forgot to fix it and then i jumped onto the stream i was like shit i have to fix that so that's why i was late but anyway

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that was a great chat that was a great chat with dish really enjoyed it it was great to hear him being interviewed by somebody else so it's good and i yeah i loved kind of hearing his the way he's supporting the builders who are building on klinker i just really appreciate so it's great to

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great to hear him

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i'm so forward

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to hang out with him i'm heading

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out yeah you're going to his boat

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don't know about that i don't know if i'm gonna make it in time for the boating excursion it doesn't sound like but i i'm definitely gonna be driving from boston to vermont with with dish and and q and flood i think maybe is with us and grin so it's gonna be a fun little bostonian caravan plus one wayward canadian

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one way that was crazy by the way that you're going all the way to boston and then driving back

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to florida

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but i understand i understand

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yeah there's a lot of there's a lot of shit going on so yeah land borders not so fun to go across right now

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yeah i i didn't even think about that and i'm like oh yeah that makes a lot of sense that's probably a good move alright let's dive in if you are watching over on twitter give us a retweet if you are watching on farcast give us a share if you're watching in the mini app just share in the mini app and i'll be tipping all those things when i see them except the twitter stuff because i can't but you know in the other places

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yeah when tipping elon

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when tipping elon come on

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i mean you could do stuff with banker you can like send

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that's true

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i mean you could go banker in the feed that's kind of like that's

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a good point i could do something like that all right we're gonna dive into the breaking news actually before before i do that like the thing that has been trending the most on farcaster has been the you know sad political violence around charlie kirk so i just want to touch on that but we don't usually talk about sort of political news and that kind of thing and don't get into it but i just wanted to sort of acknowledge that that was just an awful awful thing to see and experience and feel awful

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also especially if you didn't want you didn't wanna see it like i i was one of the unfortunate people who unfortunately saw it against my will on twitter and it didn't feel very good so

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no it didn't and and i feel like yeah so it's it was just awful i feel incredibly horrible for his children and all of that is just an awful situation so just wanted to acknowledge that but we won't dive too much into that just because that's normally not what we do yeah so be i just wanted to kind of acknowledge before i jump into things that might seem less important like i am aware of the important things happening in the world just fyi but there's plenty of people talking about that who have a lot more expertise in the area so okay moving on to this this is from jacek this morning security update recently attackers gained access to a personal device and compromised certain dgen hot wallets previously used for smart contract deployments here's everything you need to know before major harm could occur we secured and transferred ownership of all deployed contracts including the dgen airdrop layer zero contracts and other critical deployments unfortunately the attackers were able to steal roughly 300 worth of locked arrow and 200 ks of our solana dgen pool what's secure our treasury the most critical piece all deployment wallets migrated to new infrastructure and our social accounts step we've taken since then we've moved all operational funds and deployments to hardware wallets brought in top security experts to reinforce every layer and tightened protections across devices emails and infrastructure community impact for the community nothing changes dgens can continue using products as usual your holdings are safe and the ecosystem remains intact one important note any posts emails or messages that appeared between 6pm and 8pm poland time i have no idea what time that is yesterday did not originate from our team we want to be clear that communications during that window should not be trusted please stay extra cautious of phishing and fake accounts in the coming days this is a tough moment but far from the end of the world we're committed to learning from this closing every gap and continuing to build a stronger more secure future for the dgen community the hat stays on so and then he goes on to say he'll be hosting an xbase later today to connect with the community and share updates so look for that

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professor this is one of those fabled they call them bullish hacks d gen up 5% on the day

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i know i was looking for that i was like i was gonna go look and i'm like oh it's probably crashed to the ground and is dead and i'm like oh it's up okay that's

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that's get away with much i guess so i guess in the grand scheme of things of the millions of dollars of assets that dj has as a property they got away they got away pretty scot free yeah that's still a wake up call for sure

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yeah for sure and also be careful when you see something communicated by a team that doesn't seem right and those happen periodically when this when situations come up and just if something feels like that seems weird that doesn't seem like something jacek would say or something like that or some like amazing thing that all of a sudden pops up that you have to get in on immediately yeah

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like if jacek uses eastern standard time you know it's a hack

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you know it's a hack

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poland time or bust

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exactly like i don't even know what time that was but just be careful out there so sorry to see this and glad it was contained quickly alright moving on this from our friend dilstek taking notes on this thread from today's biweekly farcaster dev call dilstek used dylan used to do this all the time and he just this is the first time he's

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been doing

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it he got a job and then like i know stop like giving us free work it's annoying i know him in that like whole base job thing like real work amazing rude so rude so he did give a really good thread here of all the things that were talked about some protocol updates proposed for app based storage timeline is october fip for profile tokens fc app does something similar as a feature but this will push to the protocol so that's interesting fast i bet you can

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finally see which token has the most people with with it in their with their sorry with the most people with the token in their profile yeah and and why it's betterment

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and why it's betterment exactly you'll be able to search this on yeah on dune or something fast replication for running snap chain nodes mini app updates new experimental sign manifest which we talked about the other day enables people to create apps app builders like vo lovable etc to sign a mini app manifest for a user and then finally farcaster updates design giving the app a new coat of paint wallet shipping discovery features onboarding fixed a lot of issues causing failure will continue to improve rewards working on a new reward system to incentivize bringing people so incent i'm assuming invites growth spending a lot of time cycles on reactivating and bringing in new users so that was the update from the call yesterday thank you dylan

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some like you know nothing nothing super sexy but all good stuff all good things especially when they move stuff to the protocol level that people want that's always a good thing i feel like i

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feel like that meme with the the guy i don't know what movie it's even from but the one who's like mhmm yeah yeah i understand some of those words you know what i mean

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yes i get that one yeah mhmm that's a word that looks familiar oh that's me all the time when i'm doing the dev stuff and it really helps when adrienne's here so that like she can explain the words i'm reading and i've done that a few times where i'm like i'm reading words and i have no idea what they mean and so i'm gonna turn this over to you now

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extensively english

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you can explain everything i just said sign manifest being one of those things which i now understand after i tried to create a app

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right yeah

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that is the that is the good thing when you try to create an app even if it doesn't work out it's at least like you learn something in the process like

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i guess you could say you i guess you could say you manifested that for yourself

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i manifested that i actually learned that there's a whole dev section of farcaster that i was unaware of

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there sure is

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yeah no idea i was like oh look at that

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with blackjack and strippers no exactly exactly

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they're hiding it this is from dwr favorite crypto analyst accounts on x twitter question mark people who post in-depth analysis and takes on given crypto projects themes etcetera for example someone who is posting an x thread or article on the bull case for eth sol hype creator coins prediction markets so i guess he's looking for people to onboard so there you go or talk to about why they haven't onboarded so if you have favorites

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i'm not sure if this is related to the new feature that you're probably gonna talk about later maybe maybe it could be looking for it looks like it's ai generated but maybe they're planning to pull in like token mentions or something from analysts

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maybe it could be it could be that it could be just he's just looking for feedback as to why some of these folks haven't moved over to farcaster sometimes that's what he's doing as well to get a handle on how do we get them over here is possible so if you have accounts you want to suggest go drop into this thread let them know and this is the questions part of the show this from linda if you're actively involved in telegram groups for crypto trading would love to hear what features you like most about telegram for this and what annoys you feel free to dm me if easier so you can drop into this thread or you can dc linda if you'd like this is when they're you can kind of tell what they're building or what they're trying to do by the questions they ask sometimes so this is obviously trying to improve chat so we'll see what they can put in

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i feel like i would trade in in a chat on firecaster and i i have tried a little bit too with tba and and banker

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yeah and

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yet and yet i hate trading on on telegram i i don't know i just can't get get around it for some reason

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i i don't like telegram and i can't explain why because it has a lot of great features and i get it and i just for some reason it's just the thing it's the last messaging thing i wanna

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use well some of us have ptsd from 2021 when there was a lot of scams happening on telegram because one thing i i find telegram doesn't do very well is like any kind of curation reporting of scams and so like there's one guy who's got there's one guy who's got the same name as me on telegram with an extra k so like todie hawk i'm not sure the pronunciation and he's trying to scam people all the time and they're always messaging me and i've reported it like six times and no one gives a fuck so it's like sorry am i allowed to say that on this family show

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you can you can say this on this family show yes

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nobody nobody cares and so i feel like that's what like kinda pisses some people off it's like if you've been there long enough you're like okay come on like do something to stop these scammers or slow them down that's

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yeah i i just yeah there's something about it it just the only thing i use it for honestly right now is zach x b t because he has it and he just uses it as like an announcement thing it's not even a chat thing but that's the only thing that i'm really looking at you know or the only thing i have notifications on for

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i'm in a few chats over there against snowville

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but yeah i really i used to be i still am probably in some i just never look at them how about that

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someone's gonna meme this and they're gonna be like old man and woman yells at at telegram

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yell at telegram cloud coming up this is from me again i told you this is the question section what are the your what are your biggest feature requests or annoyances with the wallet so if you have suggestions for the wallet there's a few things here from jc needs buy sell history for every token i would like that very much

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that too by the way rainbow only implemented that recently it's so nice like i can't remember

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how much i

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paid for this token and i'm talking like yesterday i'm not talking about like six months ago i want to know you know what i buy yesterday

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i just want to click on the token and just see all my transactions for that token i definitely yeah i agree with that one way too difficult to find tokens when swapping activity never shows all my transactions constantly find myself needing to check base scan so those are good if you have other suggestions drop them in for v i agree with those jc

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it's a case for me to be asked for an example of three because like that is a very common like my my response would almost be like just go check anyone's activity tab it's probably missing activity like yeah that's the one weak point i think

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at the moment i think the wallet is so good i can't believe how fast the swaps are swaps are insane like really fast and i was also i was going through and onboarding my students so i was sending them some funds and i did have to do that with one student directly i was doing it mostly as a as a batch and she was even surprised she's like wow that was fast i'm like i know sometimes i don't even think it went went and it did

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the professor was like back in my day

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back in my day

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on ethereum mainnet we had to do that exactly

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ethereum mainnet and only metamask it was the only thing i was letting them use so that was it cost

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me $20 to send you $2 it was very efficient

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exactly

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i've i've been singing the praises of of warplet a lot recently on the feed here and sorry on firecaster and and over on on x as well i'm really impressed with the product they've been iterating super fast you can tell that they've obviously decided to really like double click and like zoom in on this as a potential growth opportunity

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absolutely yeah

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it's pretty cool like you can see how like i love apps like interface and some of these like people who've been pioneers in the space but you can see how like op it is when you already own the social graph to just like include these types of features i i i made a post yesterday about how easy it is to send crypto to someone if you know their firecaster account and how like they've kind of accomplished something that you've been you've really managed to do at a broad at the broad enough scale and where like a few times in the past week i've had oh i need to send this person crypto i'm not exactly sure which is their main wallet but who cares send it to them on webcast and if they're active send it to them on on facebook rather and if they face okay facebook i'm gonna see you later

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bar barcaster is that the word you're

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referring to yeah i don't even go on facebook now i'm gonna get memed for sure anyways send it to the send it to the warplet and you know it's gonna get where it's supposed to go is my point

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yeah exactly yeah i it it's so much easier same kind of thing so with my students like having them sign up and being able to just go to their account make sure i'm following them blah blah blah and then send the money right from there so it was super easy and i had to do the same thing yesterday i was sending someone some funds to for commission for something we're gonna do with extra and i just sent it to their wallet to their i just sent it to their account on on barcaster and they were like wait i forgot i had a wallet on here i'm like yeah just just use that so yeah it makes it so easy so easy to find to find people so appreciate that we appreciate the warplet we do love it all right moving on just ignore it or hide it okay so if you have a weird token that comes in and then all of a sudden you

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have like a thousand

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dollars extra in your warplet that you didn't expect it's probably a scam extra in your warplet that you didn't expect it's probably a scam

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wait what but i already spent that

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no you're surprised you won't be able to swap it there is no liquidity so your advice from horse facts here just ignore it or hide it you can hide now in the warplit it should disappear shortly scam tokens are like junk mail but they can but they can't drain your wallet don't visit the website in the name don't send it swap it or burn it just hide it and move on and it will be removed and that happened the other day with another token popping up so be careful out there

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i like to look up i like to look up the source that send it to me and then create my own scam token and send it back to them it's a little bit it's

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a lot of work just to just to troll somebody but okay

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this from garrett sec chair paul atkins we must admit that crypto's time has come highlights from a speech will ensure capital can be raised on chain that's a big one most crypto

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assets who's gonna tell them

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i know most crypto assets are not securities plan for a single regulatory framework to allow for super app trading platforms

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sounds familiar

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yes it does sound familiar that to me rings of i've been talking to robinhood

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oh really yeah right i guess i was thinking of the base app but i guess both apply

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no i both apply but i have a feeling that he is probably more tuned into traditional finance rather than actual crypto as much you know i think that's fairly new to him

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maybe but i do think coinbase is just i

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know he's friendly he's friendly to it yeah he's friendly to it and open to it and sees the future but i think i think a lot of the view right now is seeing the future through the lens of the larger institutions that already exist so but we'll see but good good news all around you can take a look at this link it'll be in our show notes and watch the video and learn more about what he had to say but it is good news this from oops what are you doing this from adam and i'm just going to summarize this real quick because something i did not know that you can do is actually ask about specific tokens to ask gina and it will give you an analysis of the token so this will help so this was in response to talking about what i was teaching with my students in tokenomics and he said if you're teaching people about tokenomics then it's equally important to understand how to hedge against risks before engaging and what tools you have at your disposal to help out if you're new to this space you're probably not going to know what to look for to avoid being rugged but having llms at your disposal radically changes that

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one of

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my favorite use cases for gina askgina eth is to do a token analysis so i know what red flags i need to navigate so i think this is pretty helpful i hadn't thought about using ask gina in that way so

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i don't know how i don't know how helpful it is for launchpad tokens like i'm curious to see what it says about extra for example it'll be like this is a clanker and the liquidity is the same as every other clanker have a good day

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have a good day but it's still it would be very useful for ones that maybe aren't and can give us a little bit more insight so very cool this from caro i learned something new yesterday she's a model and was modeling at the victoria's secret show so this was the rundown of the vsx show it was a full day event we kicked things off with a run and refreshments before stepping on stage to model the new drop in collections

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if i had i just wanna say if i had to do a run in the morning i wouldn't be in underwear like on a runway for a long time for a few hours for sure i know

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i'd still be sweating she's running what i love most about modeling is sports in sports is the team attitude between the colleagues such a supportive community and always fun and the reason i'm showing you this too is was this new york fashion week is here and we kicked it off with the victoria's secret sports show onboarded a few models to farcaster and umbrooga was so exciting so do

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they mean like ai models or

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like real people no like like fashion models like victoria's secret models which i think is just crazy

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no nobody tell king

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i know right this is like

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king if you're if you're watching this and you saw this you no you didn't

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the moment the moment he's been waiting for so i thought that was really cool that she's out there working fashion week and also inviting people to farcast her so amazing thank you and this was really cute i like this so this is oddjob several people helped me pay for rewards to motivate my students yesterday which she was quote casting several people this is from jackie several people helped me stop crying yesterday today and she was quote casting nana apparently several people found me funny yesterday so i don't know what happened to you yesterday but there were some good things happening on the timeline and i love seeing that so that makes me happy hold on one second while i bring up the next group of links so i'm using netnose has been working with me in the background and giving me suggestions on how to not crash my computer with all my links and i appreciated him tremendously in doing so

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that's the reason why net nose hasn't gotten anything that no i'm just kidding

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sorry yeah i've been taking him away he's been busy in my dms going no not like that and like like that's not what i meant

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that's basically every conversation i have with with matt nosed

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not like that not like that

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we've talked about it

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yeah so funny anyway okay now some base news just a couple things from base this is from afrochix by the way i am now a base uk ambassador excited to announce afrochix as our next base uk ambassador and all star professional athlete turned crypto content creator 11 time national triple jump champion and nft project founder it's those stories that have us incredibly excited about bringing the uk on chain so that's awesome that was really cool to see and that

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is cool congrats to naomi

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i think she's coming to vermont so i think we're gonna see her at base camp so

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she must have just moved they might as well just move to north america at this point

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i know i know but then she

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not now that she's the uk ambassador

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that was to be the purpose of the uk ambassador to

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well the good thing is the good thing is she'll have base diplomatic immunity if she comes over here now so

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okay as as the uk ambassador is that

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a thing it is now yeah

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it's an official network state now that allows for diplomatic immunity amazing

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yeah it it just means you can rug people and you they can't prosecute you no i'm just kidding

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this is from oxford we forgot to tell you trading on base no gas equals no gas fees we pay on

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base app on base app

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base app base app sorry base app base app no gas fees we pay the bill you just send it for base chain only yeah sorry forgot that part base app base app i was reading too quickly let me i keep forgetting to check the comments by the way oh i i missed this one let me put it up here toady hey

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what's up i never know how to say his name x p p a a i anyway he's an awesome member of

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our yeah

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he's community he's shadow x p i'm gonna call him x p

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and this x p i noticed this from cardno earlier i'm wearing the same cap as professor right now nice to see the old crew and we're gonna

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see the same cap as me i'm you know

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i know

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i thought we were friends

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nobody has that cap yet so it's kind of not his fault literally like two people own it

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alright i'm kidding nobody because mine's mine's different than burr's so these are one of ones

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i don't know if you'll be able to see this but i noticed something yesterday and hopefully you can see it in the picture do you did you see what happened with the heart watch carefully

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with the what see if

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it goes with the heart it does this little flashy thing on the base app and it's just really cute it was just a nice little touch and when you click on the heart it does this little flash

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fireworky thing

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little little fireworky thing and it's just cute so just noticed it yesterday and thought i would share if anyone else has not noticed that yet so nice little touch

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probably like replied they probably did like a long thread of all of the technical improvements on base app and then professor replied and was like i like this heart flashing i like

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this heart thing it's really cute they're like we integrated blabbity blabbity blah i'm like yeah but the heart

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yeah with the flashy heart

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accurate it's accurate this from front end next week new reward new week new rewards jeez the tippin and reply collaboration has been a huge success and we're kicking off week two with even more energy i'm incredibly hyped to announce that the tippin team has generally offered to add a significant bonus to this week's allocation pool to show our commitment to this partnership and to rewarding this amazing community i've matched their contribution from the reply treasury this means that on top of the regular rewards we're adding a bonus pool of point 5% of the total reply supply for this week's allocators so there you go

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that's a 50% bump up from from what we had before so yeah

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that's great i yeah mine doubled so that's fantastic i have lots to give away so i'll be

30:46Speaker 0

interesting math 50% bump up props like mine doubled

30:51Speaker 1

mine doubled it did

30:52Speaker 0

it did that just means that you were such a good engager last week that you got more allocation i guess this week yeah

30:56Speaker 1

i don't know i don't know what happened but i have like a double amount that i did last week so that

31:00Speaker 0

was beautiful

31:02Speaker 1

so very cool this from okay we've had a couple launches this week this is from and let me just very clearly say again just my regular disclaimer cryptocurrency is volatile d y o r nfa etcetera etcetera okay before we move into this part so this was from the from tiktok team repost tiktok have fun earn money join the hunt and don't forget to call your friends top inviters will hunt first eat most so this is launching on monday it will be that you'll be reposting tiktoks on farcaster and being able to earn on that in the likes fun app more weaponizing degen speculation to pay creators more than tiktok ever did likes fun is live join the tiktok hunt now mini app link below so likes the token that goes along with this launched yesterday i think or the day before so that's what this is connected with and i know that you had a i was gonna say you had a call with the the team yaro yeah so tell us what's going on there

32:21Speaker 0

yeah i had a call with yaro because i could see some obvious overlaps with what we're doing with betterment i wanted to see if there was any way to collab and it was a it was a really great call i i was super bullish leaving that call he's thought about this a lot obviously he's been planning it for for a while and building it and i think one of the assumptions i had originally is that people would just be posting links to the tiktoks and i wasn't sure you know how viral like the the viral potential of that on the farcaster feed but i found out yesterday that the way they're building it is that hunters will post a link so it's easy on the hunting side you just find a link that you like and and if you would share it with your significant other or your friends you post it on on from tiktok as as in their mini app as a hunt and then they actually download it from the client side so they download the video from the client side and reupload it onto onto farcaster as sort of a native video so i think that'll be a lot better for discovery i think it's it's gonna be interesting and they may get some pushback from people saying oh you're stealing content or whatnot but the reality is is like this thing actually this exact thing happens already with reels and tiktoks on a large scale like there's some big accounts like yep and some of these that basically have made a living stealing content and giving sometimes no attribution and and usually no money to the people they steal it from so in a way it's kind of like giving a new audience to these creators and the the one piece they'll need to figure out is like how to incentivize the creators to come and understand that they've earned likes for their content because if we can get them to do that and claim claim the likes and like understand that they just made money for their content then his his idea or his plan is essentially to onboard the creators at that juncture to be like you know now you can sign up so that no one can hunt your videos but rather your videos will all automatically be posted to from tiktok and you'll make the hunt fee as well so that's kind of like his his idea to that's great creators yeah on onto firecaster my biggest takeaway is that i think this is a a one of the better strategies i've seen for trying to get video content on firecastr i think trying to get people just to organically post in a new place or get new net new creators is a really difficult ask as we've seen because the firecastr team pushed it pretty heavily and it still didn't really move the needle in terms of like getting new people there's a few exceptions to come and push vertical video here so i am i'm excited to to see what happens there i also personally have like run across tiktoks that i thought were relevant to firecaster and i have posted posted them to the feed in fact doing that like a month ago yaro first reached out to me when i posted a tiktok oh wow on the feed and he was like hey you know watch watch this space because you'll be able to earn money for this in the future and that's how it kinda came onto my radar but anyway all that to say really cool product and we see a lot of overlap with what we're trying to do with with betterment in terms of like building new scaffolding for creators to earn from their creativity that's already being you know expanded like they're already making the thing so how can we help them get get paid for for those efforts in new ways so that's that's pretty interesting and he one of the interesting things about the meeting was that he actually came up with a new mode idea for the betterment app that we hadn't even really considered before which i don't wanna share too much but i'll just say that like

35:37Speaker 1

i'm i was hoping for some alpha on this part

35:38Speaker 0

yeah i can still get it'll be it'll still be alpha but he basically just said like why does the first action that happens in betterment have to be an on chain action like does it have to be a mint does it have to be buying a zorro coin or could it just be some other off chain activity like for example amplifying it from tiktok's post as before you do the spin so i'll leave leave you with that but we're we're cooking something so it'll be fun

36:02Speaker 1

very interesting alright yeah i think it's a it's a worthy experiment i've often i've found a few things that i've reposted on farcaster i don't do it often because i don't spend that much time on tiktok but yeah i agree there's times where there's just something funny or just something crypto relevant that caught my caught my eye that it makes sense to

36:26Speaker 0

or ideally something not crypto relevant but to a crypto audience it's real it's crypto relevant

36:31Speaker 1

yeah exactly things like that yes exactly all right moving on in other other builder news we have this recess fun is another new one this is a game that i wasn't familiar with i was familiar with some of the games but i didn't realize they had created a whole mini app with all of the games in there now and this relates to the recess token that officially launched but it's a whole game platform so go check that out if you've played digits that is one of the games that's built into recess so digits is like same

37:11Speaker 0

team as well or i'm assuming

37:13Speaker 1

yeah same game same team yeah

37:16Speaker 0

i'm not trying to brag but i bought the people top of recess so not oh

37:20Speaker 1

did you good for you

37:21Speaker 0

i'll copy trade copy trade toady hawk if you wanna lose half your money

37:27Speaker 1

fantastic way to live

37:29Speaker 0

but it's it's it's early and if they build a platform with any traction it's it could be an

37:34Speaker 1

interesting one yeah so it's actually a pretty good game platform digits makes my head spin it's like how fast can you do math is just not a game i want to play almost ever

37:44Speaker 0

you're like how fast can you do math and professor's like no

37:47Speaker 1

no no not very not very i'm out this is not fun but it's a good educational game so might be useful this from bricks bounty this was a really useful take on like an explainer so this from bricks bounty okay take two clanker v4 liquidity as i casted literally into the void this am decided to rewrite since thought more folks would benefit from understanding pool mechanics hope dish will correct me if i'm incorrect the way the lp is set up for likes so looking specifically at likes in the way that they have done some of the lock and things like that is there are five pools which unlock as the market cap rises 10% at launch 50% at 130 ks 15% at $4.50 ks 20% at 50,000,000 5% at 500,000,000 two notes this will tend to push tokens that are sold to the $4.50 k range pretty quick solid sorry

38:47Speaker 0

if they're sold they're sold in the opposite direction

38:50Speaker 1

yes that are solid to the $4.50 ks range pretty quick as the available liquidity starts shallow once above $4.50 ks market cap liquidity shown on dex or geco includes 25% still salted away salted away so for likes the active it might

39:08Speaker 0

be a farmer term

39:10Speaker 1

might be the active lp is currently 8,630,000,000.00 likes 225 ks and $3.00 9 ks weth this functionality overstates the available liquidity at a glance yet shows the depth that will get added when a token really cranks or clanks

39:31Speaker 0

surely clanks yeah

39:32Speaker 1

yeah i mean we're just gonna rewrite this a little bit

39:34Speaker 0

come on brent

39:35Speaker 1

say say if a token match banker or clankers run think this is a great strategy long term for encouraging size trades on decks for the most successful tokens as liquidity will be thick when tokens reach 50,000,500 there is also a variable fee function that increases the swap fee during times of greatest volatility capturing fees for the token launcher also should be noted if a team that clanks sets aside a percentage of the supply at launch or comp or competes completes a dev buy these would further reduce circulating supply would love a way for these situations to be easily noted looking at a token that's a good point

40:18Speaker 0

amen to that because we we struggle with that with with better because we basically have 50% of the supply set aside from day one for community and there's really no way in the clanker interface to let people know that so that deck screener and these other places would would pick it up and probably never will because it's immutable contracts but it would have been nice if we could have had that marked somewhere that there was a dev buy and that there was a community vault so that people understood because right now i mean our effective market cap is like basically two and a half times less than what it actually is because of the circulating supply but at a glance you can't really tell that

40:54Speaker 1

i think that would yeah that's a great point because i think the only place you could see that is if you went to clinker.world right i think

41:01Speaker 0

even then no you literally would have to be plugged into the project and and listening to the founders understand what's what's happened with the token so it's yeah

41:08Speaker 1

yeah i guess it doesn't say it on there i think i'm seeing i'm thinking about that from the admin side so maybe it doesn't isn't apparent so yeah that would be something that would be useful to have that be a little little more clear

41:22Speaker 0

one thing i noticed about bricks' post is that's quite a jump from 450,000 to like what was it 50 mil it's like yeah i love that i love that no man's land and and the implication that once you get past $45,005,050,000,000 is the next step on the road boys

41:35Speaker 1

yeah

41:36Speaker 0

so yeah i love love yeah that's awesome yeah the bullishness i love the bullishness of like thinking about a a lot of these clankers being at 50,000,000 and 500,000,000 market cap in the near future that's wouldn't

41:47Speaker 1

that be lovely

41:47Speaker 0

send it send it looks good send it

41:49Speaker 1

send it sounds good to me sounds good to me alright let's talk about better we have some things to talk about here you wrote a post today that made my life a little bit easier

42:01Speaker 0

that's actually not me that's oh

42:03Speaker 1

wasn't you who wrote that

42:05Speaker 0

are are you talking about these the better news

42:08Speaker 1

no yeah who wrote that

42:09Speaker 0

well well hey let me let me let me break some news for for you praka because i know you can't keep track of everything that's happening on farrakesh

42:15Speaker 1

i literally can't

42:16Speaker 0

this is a new feature of the of the warplet that just dropped overnight and it's basically a news feed on every token so go and go and look at the the better token on farrakhan

42:25Speaker 1

when did that happen

42:26Speaker 0

literally overnight see that it happened last night yes

42:29Speaker 1

did anybody forget about it i don't

42:31Speaker 0

think well i did that

42:33Speaker 1

besides you

42:34Speaker 0

you know what i mean

42:35Speaker 1

from the team like i didn't see like dan or vee or even horse facts like that's that's

42:41Speaker 0

think it's been maybe not even fully announced yet but it's basically like an an ai summary of everything that's happening for the token so what you're seeing here is like ai scraping like frankly most of my posts mostly my posts about the token but it is really cool as a as an aggregator because you know guess what not everybody this is gonna be surprising for you probably not everybody is terminally on chain some people have jobs

43:03Speaker 1

not everyone just spends their whole day looking at farcaster and even no i don't know why

43:08Speaker 0

i don't know why but that's so funny apparently that's that's true and so yeah this is a great opportunity for people to come in so let's see what's happening on my token i think it's a huge ship great leverage of of ai because you know it does usually a pretty good job of scraping and figuring out it's like it's basically like apple intelligence for tokens except good

43:28Speaker 1

so i'm assuming sloke was working on this and sloke i did not check sloke's account but i don't think he posted about it anyway

43:35Speaker 0

i saw noise i saw div post about it yesterday and i was like what the heck and then i went and checked and it wasn't there and i'm like am i going crazy and then v actually oh

43:44Speaker 1

this might have been the beta testing yeah they were testing it

43:47Speaker 0

but i'm in the beta test but i didn't see it but then varun said replied to me and said oh we had to take it down to fix something it was coming back up and then by this morning it it was back up live so i mean we can definitely talk about these things but i just want

44:00Speaker 1

well cool

44:00Speaker 0

to mention that they they are fantastic

44:03Speaker 1

so thank you for breaking news to me yeah you're welcome as unusual

44:07Speaker 0

i take my cohosting responsibilities very seriously

44:10Speaker 1

i appreciate it you've probably brought things to the table today so this is very cool so this is the ai aggregated news about better so top better news which i was like wow this is it looked just like this what now now that makes sense it looked like this

44:30Speaker 0

yeah well that i mean yeah that sure

44:32Speaker 1

so i had those ready to go

44:34Speaker 0

we're saying is that tony hawk can be replaced by ai within the next six months

44:38Speaker 1

not quite yet because we you had like so much going on so it must have picked up a lot of this stuff is what i'm what i'm saying as well as like other things that people are talking about i'm guessing the numbers though it may have picked up from other casts like some of these numbers about like 200 people co building or even picking it up from the apps itself so that is pretty cool this is probably coming directly from the token in terms of staking has been live for seventeen days i'm not sure maybe it's

45:10Speaker 0

i made a cast about that so i think it's primarily pulling stuff from

45:14Speaker 1

from cast

45:14Speaker 0

from key accounts that are talking about it or or i guess you can see that most of these have the the cash tag in the in them so i think they're probably pulling from casts that have when

45:24Speaker 1

people are putting

45:25Speaker 0

most likely

45:26Speaker 1

yeah that's probably a cash tag nice

45:31Speaker 0

that's what they're called i think i didn't make it

45:33Speaker 1

i think they are now

45:34Speaker 0

no no i didn't make it up i wish i didn't but i didn't

45:38Speaker 1

and i'm gonna just pull this one because this is a little easier to read on screen so this is a few different things so do you want to just really quick level set in case we have anyone who doesn't know what better is what is better we've done this before but just really quick what is better and like what are the new things you guys have implemented in the past couple of weeks

46:01Speaker 0

wait why did you why did you take away my crib notes now i have to take away my crib notes

46:03Speaker 1

i know i'll put them back up i'll put them back up

46:05Speaker 0

no i'm just kidding no so but actually that post was a question from raven fifty millimeter who was asking sort of saying i i see you guys all over the timeline i i know you i think you're building awesome stuff i hear creators saying that they're getting paid on betterment but you know what the hell is betterment and so i tried to just write you know one cast it's a long cast but hey i'm paying for firegash or pro so i gotta get i gotta get some money back for it get my value out of my money so i i did a post that just kind of tries to explain exactly what betterment is and there is a lot of moving parts but basically betterment is a mini app one of the most popular mini apps on farcaster and tba we've been in the top 15 i think now for two months we've been sort of battling back and forth for the top spot with the the new rips app but yeah

46:52Speaker 1

very popular been battling in the past couple weeks it's been funny

46:56Speaker 0

yeah so but yeah it's very top top ranked popular mini app and and the content is very simple it's basically like how can we use a little bit of a dopamine rush to gamify the experience of collecting on chain content because the reality is is that nobody is collecting on chain content the way they used to in 2021 2022 2023 even to some extent there was a time where artists could put out an open edition and and they could be assured that it would mint out 3,000 4,000 5,000 copies and you know they'd they'd gain new fans they'd make money to pay their bills and that time has basically sadly passed and so yeah the idea for betterment was like what if we could sort of find new ways to incentivize people to show up in an app three times a week collect some on chain on chain content support a creator and then you know spin a neon wheel and get a little dopamine rush and and have a variable reward there as as a little bit of a a carrot to get them in the app and it works i mean we have prize pools of $1,500 three times a week at least on mondays wednesdays and fridays at 3pm est i don't know what that is poland time but maybe jacek can let us know

48:03Speaker 1

sorry yasmin

48:05Speaker 0

when people when people jump into the app there's like a there's notification they jump in and it's kind of like this this rush to to collect the additions before the pool runs out essentially and we've we've done multiple things over the past few months to try to lengthen the games because we want as many people as possible to be able to participate and even still the games typically don't last much longer than twelve thirteen maybe fifteen minutes anyone who holds 50,000,000 better minutes yeah well i

48:34Speaker 1

haven't seen it last that long

48:36Speaker 0

well i mean i'm counting the better ones

48:38Speaker 1

second ones that's for sure

48:39Speaker 0

counting the ten minutes so we it's open for ten minutes okay for early access to everyone who holds 50,000,000 better and basically you're guaranteed to spend if you're in that in that group so the first ten minutes usually like about half of them will go and then it goes public where basically anybody can participate and and then it it usually ends very quickly in in a few minutes so you have to be kinda be paying attention but yeah it creates this moment for creators that they haven't really seen since 2021 and and if they're new to the space they've never seen it ever where like a bunch of people rush in to collect their content and all of a sudden you know they've got all these new collectors their notifications are going crazy from the app and they made you know $5,600 in real creator rewards they don't have to wait for volume volume payments from from any other platform they just get creator rewards half in eth half in better for having been featured on the app so that's that's kinda how it works for for the actual people playing it's just you know you you're logging in you're collecting something fun it could be a zora coin in some cases it can be a paragraph coin or it can be an nft and then you're you're spinning that wheel and potentially getting a reward and it's fun

49:50Speaker 1

it is fun and also you added some staking options so i wanna also you

49:55Speaker 0

were hungry you were hungry

49:57Speaker 1

sort of the tokenomics of what you're doing because you're making some very smart moves to get people to hold one being offering those you know special bonuses or benefits to those holding 50,000,000 better or more yeah which includes the chat where you get early access to spin but it also includes like poker games that are just some of them are just for those who are holding $50,000,000 better or some are for those who are staking so talk a little bit about because then that's the other part is adding the staking option where people are putting that $50,000,000 or however much into the staking app and then earning some yield back for doing so so talk a little bit about those choices

50:43Speaker 0

okay so first and foremost i wanna say that the number one thing you can do to make people hold your token is to have a token that doesn't suck mhmm to have a project that people are interested in

50:53Speaker 1

that's true

50:53Speaker 0

and they wanna hold all these things are meme are meme coins like a lot of people you know they repel they they sort of recoil at the idea of a meme coin but like betterment is a a meme coin but that doesn't mean it's a project coin but that doesn't mean it can't have utility and a reason to exist as well and so we've kind of like since the beginning netnos and i have tried to think of interesting ways to use a token we didn't wanna use it as like a token gate for example which might have been the most simple and easy way to implement it in the app but then it's like you know you're trying to get people you're trying to get your app to go viral and the very first thing you're telling people is nope not yet you know go buy this token to even try it so that was kind of a non starter for us and and so the better believers tier was kind of like a compromise where we were like you know this is a way that we can you know reward people who do believe early on and give them some extra perks and those extra perks ended up being more and more valuable as time went on and and the app became more popular and and as we just talked about like basically you're guaranteed to get your spins in if you're a member of the of the 50,000,000 or higher group and if you're not it's it's tough you gotta get in there and get get in there fast to try to try to get them so it ended up being a real benefit yeah and in terms of of like the poker and whatnot i mean that's just really you know i i believe strongly like in community building and then if you're gonna build something worth building for the long term you need to have a community there that cares about what you're building and so you know bringing burr on as our cfo chief fund officer a few months back was i think a good call because she's just been

52:26Speaker 1

very good

52:26Speaker 0

helping to sort of bring people from all over the farcaster ecosystem who are interested in in what we're doing and and you know wanna have a little bit of degen fun they like playing free roll poker and so that's just again

52:39Speaker 1

all that i'm doing is that i'm doing everything i assume that at some point you were playing poker and you were like i better fold and you were like wait that's an idea

52:48Speaker 0

i mean as you know all of my main ideas do come from puns yeah i mean if it doesn't come from a pun we're not doing it so that you're you're not far off there

52:56Speaker 1

it's like

52:56Speaker 0

and then was

52:57Speaker 1

so i've tried to design another a new poker series and i'm like that motherfucker it came up with such a good name for a poker game and i can't come up with something better and now it's making me mad and it's really frustrating not sorry i'm like i really like that name such a good name anyway continue on

53:16Speaker 0

yeah let's talk about staking so again staking i wanna say too staking was not designed as a mechanism to get people to hold the token against their will notably there's no lock on our staking so there's no you can stake any time you can unstake anytime you want the only penalty quote unquote is that you'll lose your karma boosts for that week and the karma boost go towards future airdrops and better so there's a little bit of a sort of disincentive but you can do it at any time and you can restake at any time and yet they don't you know we've we've we've started at least not yet anyway you know not yet we don't count any chickens that aren't hatched yet but seventeen days into staking and we've had 30 when

53:55Speaker 1

you hit that 500,000,000 level some people might unstake i'm just saying

53:59Speaker 0

and they're welcome to i hope they do but 33 i'll be living on an island now 33,000,000,000 tokens have been staked in seventeen days which is if you look at at that screen you're gonna say oh that's 33% of the supply because it's a typical clanker with a 100,000,000,000 supply but if you actually pay attention and know that we set aside 50% of the supply for community initiatives at the top you actually realize that that's like 6660% sorry of the circulating supply has already been staked which is pretty nuts pretty crazy our community goes pretty hard and the reason why they stake is because we are sharing revenue like we right we believe that like tokens can do things you know you know you can just do things and soak in your tokens and so with better staking basically you you you stake and you earn you earn 10% back in better rewards every single day and of course we had to keep it sort of thematic to what we're trying to do with the app so we have a a daily free spin you know people were always complaining that there was nothing to do in the app on the days when we don't have a content spin so now no more complaining every single day you can do a free spin in the yield and the staking part of the app and what that spin does is it basically claims your rewards for that day compounds them restakes them and then gives you a chance to win one of our stack pots we get a daily a daily staking stack pot of 1,000,000 tokens and then a a few weekly ones of 10,000,000 and then a big monthly one of 50,000,000 tokens which is $607,100 bucks so yeah just gives people something a little bit fun to do and people have been really enjoying it gets them into the app every day to check on the rewards and and see what's going on

55:37Speaker 1

nothing feels better than staking a token you believe in talk about pulling all the the the key the key notes there mika and then also i'll play the one for i can't even a 147,000,000 better staked above talking about yeah i'm not gonna read that whole thing yeah i think yeah yeah

55:56Speaker 0

we're doing a series right now burr's putting on a series called high stakes high stakes poker sorry if that's another one that we're taking from you

56:04Speaker 1

yes yes another yes

56:06Speaker 0

and it's a series of four progressive tournaments where you have to be the first one you had to be staked $55,000,000 and this one's 25 and the next one's 50 and the next one after that's 200 so the 200 one's gonna be fun because like i used to watch a lot of like like the actual high stakes poker show that used to air back on back in like poker heyday in the early two thousands and that was one of my favorite shows to just binge watch as like background noise so i'm i'm i'm trying to think if maybe we can like figure out a way to livestream that $202,100,000,000

56:36Speaker 1

i can help you with that

56:37Speaker 0

poker free will yeah that could be fine we'll we'll chat offline

56:39Speaker 1

we could use poker now and people can chat and talk yeah

56:43Speaker 0

could be fine

56:44Speaker 1

do some things yeah and it's and that's one of the things like i said we've been i've been doing some little poker series and it's been really fun because you get people actually talking and on screen so it's a little different

56:57Speaker 0

yeah

56:58Speaker 1

and burr has helped with that and it's been it's been a lot of fun but i i love the poker games there's a couple that you don't have to be holding any better you can just play on tuesdays and thursdays if you wanna play they're public they're open and it's a good way that if you are a good poker player you could earn some better so there you go

57:14Speaker 0

yeah that was to credit to fantastic to her credit that was something that burr was really adamant about early on too she was like you know just like you haven't tokenated the app i also don't think you should tokenate the community because yep i mean i'll otherwise how do people find out about it and come in and and and see it and and figure out what's going on and that's worked really well because it basically what we did is that if you if you cash in a free will free will tournament that she puts on you win double prizes if you are a better believer so it's a little latent incentive to to be in that group if you're good at poker because

57:47Speaker 1

and then there's a few games that are just for if you are in that chat so that are just for the better believers or just for the stakers and i think it's smart you're creating incentives for the community around the token but also it's a marketing opportunity for the token as well and the project so many things happening all at once it's been very smart the approach has been really smart it's been fun to kind of watch it evolve over time so love it what else do you have coming that you want to chat about any other new collabs or anything that you wanna mention i know you've just recently partnered with matcha we had talked about that a while back and i didn't get back with you but you you handled it

58:30Speaker 0

actually the interesting thing about that is that completely separate from our conversation they actually approached us and and we're like hey we love we love what's happening on the timeline you know everyone's talking about better all the time like how can we get involved i'm a big fan i'm a big fan of the xerox team and matcha and and what they're doing and they're ogs in the space and so it's always it's always nice when you when you wanna talk about partners you want partners that you know you can trust to promote to your audience too because it's a big responsibility for someone like you or like me you know if you're gonna be like swap now on like homer swap or something like this you know like random decks and then and then unfortunately they like rug their users a a month later not not great but you know much is not going anywhere so yeah it's been fun to to partner with them and they really get what what betterment's trying to do they they basically sponsored a a month's full of rounds where we're you know

59:23Speaker 1

perfect

59:24Speaker 0

commissioning artists and creators to create sort of matcha matcha related content our first round was this past tuesday i know matcha mondays well we didn't get to do it on monday because of the giant npm scare we decided the best thing to do was to postpone the round just because a lot of people were freaked out even though we knew that all of our dependencies were fine we we ended up postponing that man monday matcha to tuesday matcha and we had a beautiful piece that was commissioned by kimmy duke if you don't know her amazing artist

59:54Speaker 1

love her

59:54Speaker 0

and we were able she was able to earn you know $400 in in eth plus we actually rounded up her better rewards to 50,000,000 so she could join oh

60:04Speaker 1

perfect yeah

60:05Speaker 0

so almost a thousand dollars in rewards for her piece being featured in in in one round of betterment which was pretty awesome and yeah excited to to collab with matcha for for a few more weeks now we're also working on integrations with matcha which i won't say too much about but you'll be able to do some interesting questing and swapping in the app via the matches official api soon so that's exciting

60:29Speaker 1

love it love it love it love it

60:30Speaker 0

i don't i don't wanna i don't wanna run you too long on your show with all the different collabs that we have going on but maybe i can just list them off because there are a lot we've got coming up

60:39Speaker 1

let us

60:40Speaker 0

know cooking with rips so i i reached out to

60:43Speaker 1

oh cool rips when

60:44Speaker 0

i started when i saw their app super clean like if you haven't checked it out really cool yeah

60:48Speaker 1

very cool we talked about it the other day yeah it's really nice well done

60:52Speaker 0

you're ripping packs like i i i came into this space on top shot that was one of the first things that i yeah checked out in this space back in 2021 and this kind of has that vibe it's like meme coins meets top shot really cool really slick the founders are really goated and they they come from a long career in in consumer not even consumer crypto but like just consumer

61:14Speaker 1

apps

61:14Speaker 0

apps and you can tell so yeah we we had a call yesterday and they're like yeah let's collab so we got something cooking there i don't wanna say too much but basically they're gonna be introducing a new type of pack and and better is gonna be one of the first to to to help with that we've got a collab with ponder coming up that's gonna be involving some artist commissions so that's gonna be super fun coming coming towards the end of this month right after that in early october we've got a collab with dau that's gonna be really fun we have a collab with lykes which we talked about earlier from tiktok we're gonna be helping them with their launch next week we have what else what else what else we're we're currently doing a little promo with scoreline which is a a mini app where you can

62:02Speaker 1

i saw that

62:03Speaker 0

bet on on football or soccer matches and they just permissionlessly bought some better and put it into a a prize pool for people to go

62:12Speaker 1

and and

62:12Speaker 0

check out so if you're into that kind of thing go check out scoreline we are collaborating with cobuilds i don't know if you know the cobuild app but we we jumped on that train early on because i think it's a real it's really cool what recommends building essentially it's like an inverse noise that can still be used in collaboration with with noise like you can still tip normally with noise but you can also set it up so that people when they interact with your post are actually buying your favorite token and we we were the first to take a test drive of their new reward streams which actually uses his previous tech that he built for his previous project flow

62:49Speaker 1

okay so this is the flow's thing that they're connecting okay so so

62:52Speaker 0

what i did is i put better

62:53Speaker 1

into a contract on that i was getting confused

62:56Speaker 0

i was a

62:56Speaker 1

little confused as what was going on with the flow's thing because i did see the team one and he talked about that we had him on two weeks ago i think

63:03Speaker 0

oh nice i missed that

63:05Speaker 1

and he talked all about co build but and he mentioned that the team's part was coming and then the next week it launched i think or this week so that was really cool so with cobild you're buying instead of just liking and giving a tip you're actually buying that person's designated token and at first that was you know your own creator token or what have you and now you can designate you know better and then there's sort of this way that they're bringing that all together and you can see it as a team working which is very cool but the flows thing i'm trying to understand exactly what's happening there like i remember flows from nouns as a grant program but how is it working with this particular configuration if you

63:50Speaker 0

so basically projects can put they can deposit some of their tokens so in our case we took some dollar sign better we put it into the contract i think we put i i forget remember a 100,000,000 maybe a 100,000,000 better into the contract for for one month and essentially that just like kicks off a stream that that gives daily rewards to everybody who sets better as as their co build token cool and before they even introduced this we already we're one of the top teams on there i think we had a 150 people who had already just willingly permissionlessly set better as their token which was pretty cool and now it's grown to like 250 and i think that has resulted in over $300 in in buys on the token over the past week or so cool really cool really bullish and i know raka mand's also iterating on some other things that he wants us to try out i don't know how much i'm allowed to say but i i guess suffice to say that the same pool that you put on your team's contract can be used to incentivize other behavior in the feed potentially so that's that's all interesting we're gonna be yeah we're gonna be that's interesting

64:53Speaker 1

yeah rocket man if you aren't familiar with him very just crack dev like totally just in in so it was a very easy that was one of those ones that like as soon as i saw it was him i was like oh okay i'm in yeah let me try this out like it it it was a no brainer and we had him on like that same week that he put that out there for on chain summit and

65:17Speaker 0

i just love all these things that are triggered but the things that are just triggered by by things in the feed are so so interesting so like crypto native something that you can't do anywhere else and so that's why i think those are really fun experiments to to run like right now if i if i interact with people on farcaster and i do you know i spend way too much time there but when i interact people are getting tipped via nice they're getting better for me via nice they're getting usdc from me via tippin they're getting you know whatever the tippin if i'm if i'm adding a tip there they're getting maybe reply or some other token yep through through tippin and now they're also i'm also buying their token of choice via co build and it like might sound crazy to someone from outside but i love it it's just like it's great way it's a great way to kind of support people without even having to think about it in the app in the feed

66:07Speaker 1

and the co build one is just really cool because you're buying the token so you're also getting a benefit they're getting a benefit it's like a total win win as opposed to feeling like i'm just giving away all my money like that some of that's good too but it's like i didn't need a if it was just that it's like i don't need another one of those but

66:24Speaker 0

man i think they work better for projects

66:26Speaker 1

really creative yeah it's just a really good good approach to me

66:29Speaker 0

i think they work really well for projects and and you know hopefully projects are starting to learn and i think they are that it's it's a no brainer to put aside as much of the supply of of your token as you can when you launch we did 50% when we launched honestly almost wish we could have done more 50% was the max that you could do on clanker at the time in fact 30% was the max at the time and we did a out of pocket down

66:53Speaker 1

the bottom yeah it's still the same i think i think it's still still the max

66:57Speaker 0

higher now i think to see if

66:58Speaker 1

it's okay okay

67:00Speaker 0

but but even like dau when they launched they used their own contracts i think they they partitioned like 80% or something crazy but anyway the point is is like this is like the wild west where you can like create money out of thin air and you have to be like purposeful and intentional about how you use it but you know don't don't shoot yourself in the foot by not doing that and then like these types of things are great for projects you can use noise you can use betterment you can use warp slot you can use banker to do airdrops and just like collaborate with other projects and use your token as a way to get distribution via distribution meaning like eyeballs you know but also token micro token distribution getting your your token into new wallets that will check out what you're building and that's what co build and all these other apps are are really great for i don't mind i think the jury's out a little bit on like how individuals can use these these types of things i know they are using them

67:52Speaker 1

it does it works

67:53Speaker 0

it's i think it's in your pocket right so it's yeah it's better if you have like a creator coin it's actually an argument in favor of like having some kind of a coin that you identify with because then then you can actually get that return or what have you back by setting your you know what is your what's your token profit order

68:11Speaker 1

nanish profit yeah i have a nanish profit token and then i just switched my co build one to the extra token for the rest of semester so

68:20Speaker 0

i'm sure yeah a lot of lot of people had their zora tokens for example as their co build and then they realized well i'm not really a creator i'm more of just a lurker so like let me just set this to better because then i'm like part of a team it's fine it's something i believe in and i think that's why we've had such such success with with people checking that out and i'll leave this by saying like if you are running a a project and you're not using co build yet get on there rockman you know agreed really goated so far better is the only one that's really been leveraging the platform and like as much as i don't want the competition you know a rising tide or you

68:54Speaker 1

can just set you can set your token to to better there you go

68:57Speaker 0

you can do that too but i'd love to see other projects because i think projects is what will actually lead the growth for him on on this so i mean

69:03Speaker 1

i think so too

69:04Speaker 0

if if like front end's listening to this or any other project that has these tokens you know give it a try use the new streaming

69:12Speaker 0

feature and and just see what it does for for your community

69:16Speaker 1

yeah and i agree with them and you had done a collab with tippin that was really fun and being able to sort of give out better to others and now they're doing that with reply noise is another one where you can get your token in other people's hands just by liking so there's a lot of great approaches right now to distribution and distribution is marketing right distribution rules everything around me but it's it's marketing as well when you're doing these things if you have a project because you're dropping that they're gonna look through their wallet activity and go wait what am i getting what is this token

69:55Speaker 0

yeah i talked to dish about this yesterday i don't know if you remember seeing that but like how yeah airdrops airdrops get a really bad rap because a lot of people remember most of these like you know like fire fire spaghetti at the wall and see what sticks airdrops from 2021 where there was no curation it was mostly farmed but now like it's

70:13Speaker 1

2021 grinding in a discord to get on a white list like yeah that was what it was so it was you know everyone was grinding to get this air drop that they were immediately gonna dump so it was and

70:24Speaker 0

now in the year of our lord 2025 you have all these interesting tools to be able to choose ways to distribute your tokens so don't let them go to waste you know instead of doing a giant airdrop you know you can distribute these tokens to people that are more likely to be interested in your project by using these farcaster native based native protocols to help distribute them out to interesting people it's worked for us so far yeah

70:48Speaker 1

i agree projects the other other tool that's out there i don't know i don't think you've played around with this but i've played around with it a little bit is empire and that's another interesting one where you can do airdrops right within that app to your top holders you can do burns you can do a lot of things within that app you can

71:07Speaker 0

yeah your berserker is a big a big supporter of the better community so we love empire

71:11Speaker 1

yeah so it's a great another just another great tool there's so many cool things that so many cool legos that people are building

71:17Speaker 0

yep

71:18Speaker 1

for projects to be able to tap into and we

71:21Speaker 0

get to just go and play lego all day like you know just

71:24Speaker 1

play legos all day long all day long what could be better and on that note what a great way to end so this has been a great chat thank you for co hosting with me today i appreciate you for being here i will see you in vermont

71:41Speaker 0

on sunday see you soon yeah

71:43Speaker 1

i'll see you soon

71:43Speaker 0

by the way keep your eyes peeled for these by the way we're working with minted merch

71:47Speaker 1

once

71:48Speaker 0

you probably saw my stream yesterday i had a nice hoodie so we got some hoodies and hats coming up

71:52Speaker 1

everybody saw the hoodie on monday if they were watching burr on here she was showing the back as well yeah the wen the wen hiding underneath the hood so we need the hoodies we need the hats we need all of all the better merch please

72:07Speaker 0

coming soon

72:08Speaker 1

minted merch i'm looking for you at

72:10Speaker 0

we got some stickers too that lume my friends at luminode helped us make some some pretty awesome stickers neon stickers that will only be available at basecamp so if you see me and you want one i mean how how do they

72:23Speaker 1

need a few need a few please thank you please and thank you all right everyone that is it for us thank you so much we will i will not be back next week because

72:34Speaker 0

i will be at

72:34Speaker 1

base camp and i'm taking the whole week off we'll be back the wednesday after so wednesday the twenty fourth i'll be back on with guest co host i believe i'm burr is returning so that'll be

72:47Speaker 0

are you even going to be home by then are you leaving tuesday

72:50Speaker 1

i'm no no no the following wednesday yeah i'm leaving tuesday but also the following wednesday so next week we're completely off we'll be back on wednesday the twenty fourth and then adrian's back on friday the twenty sixth and we'll be celebrating our two year anniversary then technically it's tomorrow though so two years of bar hazard tomorrow that crazy hours

73:12Speaker 0

three years i know how hard it is to do a show for two years and it's not easy so

73:16Speaker 1

you know gradually you of all people know so we're excited for that but we won't celebrate until adrian's back so

73:25Speaker 0

oh i thought you were like we won't celebrate until you know we make it because who knows what would happen that too

73:30Speaker 1

but we won't celebrate just till adrian's back and then we'll celebrate the two years and we'll have some other really fun announcements then toad if you want to hang out for a minute after i do the closing i'll fill you in on some alpha and with that everybody we'll see you later have a great week those of us see at basecamp can't wait and until

73:48Speaker 0

next week bye bye

73:50Speaker 1

bye bye