and we're live we'll do it jam hey jam jam
hey hey hey
so lots of horrendous news going on in the world and we are gonna talk about none of it so
yeah just wanna make that very clear upfront we are completely aware of the horrendousness in the world and we're going to pretend it doesn't exist for the next
hour because we do forecaster news
because we do forecaster news yeah and yeah we're just not even gonna get into that but just wanted to make sure that people know yes we are aware that the world sucks and all the things are bad and of course we can't wait to see phil very excited
we don't have phil on today guys
phil is not on today it's jake and that is a joke so just to be very clear so we are gonna be covering some farcaster news some fun on the timeline things to make you smile and then we're gonna have jake on at in about thirty minutes to chat about qr and i'm really excited about that there's been so many fun things going on with qr he's done some incredible iterations so if you're not familiar with qr fun and you want to learn more jump in for our client caster spotlight in about thirty minutes but before that we are gonna do a little intro so we'll be back on the other side of this sixty six seconds
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 nounish prop and adrienne for another episode of gm farcaster
this episode of gm farcaster is powered by clanker each monday we'll bring you the latest news from the clanker team and highlight the builders innovating with clanker and farcaster visit clanker.world to launch your token and check out all the new features that clanker v four has to offer thank you clanker for sponsoring gm farcaster
gm farcaster it is monday december 15 and you are here with adrienne and anish praff for twenty nine minutes of farcaster news to start your day plus a chat with jake chatting all about qr for our clancaster spotlight so very excited oh congratulations spartan i just wanna shout this out just because i'm seeing this in the i don't know what this is i haven't touched it like just you know d y o r on this one but i think that's cool
yeah we have no idea but no idea what this is seeing people launch mini apps so keep doing it good
everybody's here so congratulations chess chaoschess.online so cool so so if you like chess go look for it very cool alright let's oh and mika i may or may not be cooking something for qr
mhmm
okay alright fun things in the chat today permissionlessly
or is that an official partnership what's going on
i'm gonna guess permissionlessly but i could be wrong just because i could just see katfaqs slash mikado just you know doing things alright let's jump into some fun news here we go twenty nine seconds of farcaster this is from our friend brad q what did you miss this weekend we should have known bert wurst and st angel were up to something with their weekends are for pets quote cast it's saturday sunday night bert brought back the vibes with petlets companions for your warplet made of dna from your two closest friends this is so fun and i it is my background and we'll get into more of it in a little bit m y k did a farcaster santa livestream on saturday making some wishes from his wish list mini app dreams come true joined by me it was a lot of fun and we'll talk more about that as well venture to i'm not gonna get this right tethx just popped up on the timeline sharing clips from great builders like jrf and jake don't know if full episodes are coming and more builders but i'd keep an eye out for great content see kirella she had a great farcaster success story of paying for a house through his earnings and trading during his farcaster journey so it's a lot a lot about yeah i think he scrubbed his cast but he's earned a lot from dgen and higher and also art that he's created along the way so congrats to him and lastly it's worth noting that weekends are always quiet but two projects that keep things buzzing every weekend even though they don't get highlighted a lot betterment keeps the feet alive after spinning art contests and poker and brackie keeps farcasters on their toes with whatever sports are live that weekend so shout out to them thanks brad q for the twenty nine seconds
i expect that betterment and brackie don't get highlighted because
they get highlighted a lot yeah literally lining up interviews with both of them for the new year like but yeah they get a lot of love they get a lot of love this from dwr our priorities we covered this last week at the public protocol meeting calling it a protocol meeting now interesting used to be a dev call we're calling it a protocol call interesting wallet yield limit orders prototyping prediction markets manual trader outreach so there was a lot of talk about every we should have prediction markets and and i was like it's obviously coming like just give it a minute without even seeing this i knew it was coming i mean cause it's just the obvious like next step and limit orders there you go there you go sir sir cat no need to meme it's coming clanker multi vaults fee syncs birder pool extension rethinking how to do presales fair launch revamping clanker spotlight new weekly roundup and then mini apps minor bug fixes and improvements so there you go so this is helpful i like when we know what's going on and what's coming so especially if we get questions from others so this is good and this from linda some of the ways we're supporting builders in the clanker ecosystem clanker spotlights highlighting projects which they're revamping and trying to be a little bit more thoughtful about in terms of when those go and also highlighting projects that have already launched so at first they were just doing new projects that were launching and now they're taking a little quick look backwards to those who are doing some really cool things and making sure they're getting some love so clanker spotlights highlighting projects weekly clanker roundups sharing builder updates regular live streams on twitter with builders for product demos calls to answer questions and give feedback group chat with our team to support and help boost so look for these and linda's been doing a lot of great streams with builders as well and we are also doing the clancaster spotlights on mondays so hopefully we're hitting all the different amazing builders between the two of us and this is the weekly clunker roundup i am not going to read this whole thing it's very long but you should but you should go read this and it includes yes i am you the audience
the collective you in the world should go read this so it covers banker emerge retake pool fans indexy betterment farverse on chain inc rips house the haberdashery lykes barrio entertainment system product clank and operating system so lots of great updates in here for all these projects that also incorporate clankers into their various things
yes and it's pretty cool how many of those like how familiar we are with the projects because a lot of them are longer running and how many we've had on the show that
we talked about and interviewed yeah we've we've had a lot of them and then you can find some of those in the client caster spotlight playlist on youtube on the gm farcaster channel so emerge is in there i believe with atoun i think that's in there maybe that's not i don't know if that was an official one i can't remember but there's a whole bunch of guest roundup as well that we've done so we have another playlist that's for guests so lots of stuff in there very cool this from dio dad just kind of a fun thing it's 2033 you tune your niro link to farcaster today's today's is your warpless warpless oldest grandson's graduation day i don't even know what that means you quickly yoink your four billionth flag so as to not be late you snag a virtual popcorn for $179.99 usdc your waifu's favorite and settle into your seat as you wait you fondly remember back to the day dan told you to build your own client and decided to build the warplets metaverse that eventually led farcaster to pmf and the first network stage with new news
man that got dark
just a
dark turn do you know
dark you jelly pet your aging rock fatlet and settle in today is a good day
yeah both of these have a little dystopian feel because then we had this from derek
super cute with the warplants and all and then you had to throw in that somehow the metaverse has nukes
yes the metaverse has nukes the year is 2033 this is from derek farcaster the app is dead everyone saw the opportunity and used gemini v eight to one shot a custom client for themselves interesting the protocol is alive and well having finally decentralized so more than sufficiently we all work for soulja boy who sibbled the base airdrop by manipulating zora pump and dump schemes he supermanned that toe ken we watched him crank that so if you're not following along on mostly on crypto twitter i've seen a little bit on farcaster about this there was a thing that happened with soldier boy jesse sometimes you know just does things and maybe should have taken a pause on this one a little bit so soulja boy has been known to to run quite a few projects like 73 so and then jesse had bought his token he launched a creator coin on zuora jesse bought the token and promoted it and then people got a little you know little little upset little cranky out there in the timeline in the other timeline so just explain the soulja boy part of that one
didn't know so for shocker i didn't know all of the back context
shocking i'm totally shocked okay moving on
you know what though first of all we love jesse
we move on
yeah let's just pause for a sec because we do love jesse and he is a relentless supporter of creators but just like good reminder i think for everyone to kind of do your own research have a like thought like people will don't just take signals from like someone you follow who has got a big following online yeah that's all
always i mean always like and i've said that a million times even just about me who doesn't have a really big following online but like you know the reasons i might buy a token or buy somebody's creator coin or buy an nft or whatever may not be for speculation and probably is not so it is not necessarily a signal that signal that this token is going to go up in value it might be like oh my friend launched a token and i'm supporting it and i have zero expectation of it going up in value so
yeah and it's so
easy to buy and that's what jesse does he supports anyone who's launching creator coins so yeah
i mean i think the beauty of the tokens and creator coins and in the base app is it's so easy to buy right you take out all the friction and everybody's got one and there's tokens for everything and but that also makes it so you're not necessarily doing tons of research yourself before you buy i'm talking about the rest of it someone who's just like oh so you know take take the good and take the bad
take the good and take the bad but you know it happens yes and i guess i did i have no idea if it's pronounced waifu by the way sorry
i think it's waifu i think it's like a waifu i think it came from like a waifu it's a japanese word that came from the english like a waifu so i think it was like waifu that was turned into a japanese word i could be wrong and i only learned this being on farcaster
and i just could be yeah i could be totally butchering the pronunciation as i often do and that's funny yeah oops i was trying to hit this one i never do research that's so boring and i just bringing that back up for you alright anyway moving on we've got we've got a few other things to talk about this happened on saturday so i co hosted with mike who was doing giveaways from the wishlist app so the way this was happening is we did a live stream he gave away 10 i think it actually ended up being eleven because i think there was one bonus one because of some issues and you either had to have a 0.9 nanar score for half of them and you didn't have to be live on the stream and then the other half went to people who were live on the stream so that was really fun my favorite one i loved the baseball glove and then there was also a vespa on one of the lists they were like is that and the limit was $2,000 but the vespa apparently is like 1,200 so there you go
can you remind me what who's paying for all these gifts like where is
oh it
came from
a clinker a clinker called wish and the fees from the wish token are being used to purchase all these gifts for folks who made a wish list on the wishlist mini app so if you made a wish list yep all you had to do was make a wish list and you had a chance to win whatever was on your wish list i won a humankind candle other people won vespas
you didn't you were not ambitious enough when you created your wish list
clearly didn't think it through at all one didn't think i was gonna win anything two just didn't think it through i was making a wish list to show off other builders and not necessarily like things that i absolutely wanted but also just to show off like gifter and minted merch and humankind candles
so i do need to go figure i go i need to after this show go look up how much vespas actually cost
and then this was it also could be location dependent i think this was an mbso could be location dependent okay but i think they're probably way more expensive here is what i'm saying so this is from mike another one of my favorite wishes that came true today was matthew dot eth's wish for gloves baseball gloves not just any baseball glove his daughter's dream glove a wilson a 2000 t 01/2025 and a glove for dad too there's nothing like having catch with your pops happy holidays so that was really fun i did love that one as well i thought that was a great a great gift but also surprising how expensive baseball gloves are fancy gloves so but this was very cool it was a really fun stream i enjoyed being your co host you're living the life girl it's
fantastic mike i gotta tell him not to invite you back on i don't want you to guess
really fun
know what that feels like
really enjoyed it and he had some technical challenges in the beginning i'm like oh yeah that happens it's fine
you just sit back
it's fine yeah so it was anyways it was really fun i really enjoyed the stream it was like a two hour stream and gave away a lot of stuff so you
had a lot of people show up it looks like
yeah
that stream as well because
yeah very active stream very active stream a lot of folks and a lot of people won stuff so congratulations to everyone who got their wishes and just awesome job mike this was such a fun project and he's just put in so much time and effort into it and i just love i love what he's doing so it's very cool this from deployer bankerswap this feedback from tldr made my day i never did a twap before understood and set one up in two minutes on swap.banker.bot and this was tldr had posted this over on twitter mom dad i hope you're not reading this but i just i twapped for the first time ever took me literally two minutes on banker terminal to sign in understand and execute dangerously easy this is a powerful modular complement to the banker bot i know and love in feed so there you go and this is a way to create to set a certain amount that you want to purchase and then it purchase it over whatever time period that you set so for example if you set like i want to purchase whatever of this token like 1 eth of this particular token over twenty four hour period and it tries to find the best pricing to do that for you so there you go this from beeper we get it a lot of people still don't fully know what beeper is you guys are just early beeper isn't a press button get paid toy it's an attention layer paid attention with intent we're shipping this chapter by chapter tight scope real signal learn fast so far we have been sending pings the careful way hand picked collabs one one combos projects we actually believe in now we're opening the door a crack beep beep so what they did was now open this up for other folks to send notices via their beeper inbox you do have to request access and you can use this form to do so so a little confusing on the form because it's asking you for budgets and things like that but not really explaining the per you know like fully explaining those mechanics i did fill it out just to see and we'll see if we get access that we can promote this from pip the lost pump nounish trivia each day of december a clue will be revealed each clue corresponds to a single word by december 24 you will have all 24 words ready for the countdown there will be no more clues or communications beyond the daily automated question posted until a winner is found no need to reveal your answers before december 24 at noc 09:00 things are a bit backwards so bear that in mind and use the future to help uncover the clues to the words you need to claim the poem any future passwords are shown like 25 where would you replace 5 with that corresponding word hence use the future to help you in the past if you couldn't get the answer in the present first question coming around 09:00 today so check out the noun o'clock channel for more information if you want to try to win a noun a pump noun so there you go yeah fun this i don't know why but this is from sartocrates it's not it's not socrates but it's sartocrates
sartocrates
sartocrates this mini app has nothing whatsoever to do with money it is an on chain fiddle tune archive traditional american fiddle source recordings preserved on chain because i don't know why but there you go should you have ever always wanted to learn more about the fiddle there you go go check it out so i don't know i don't know why but there we go this from oops now let's get into the fun stuff
let me close this group over here not that that wasn't fun that was all fun but here's the fun tab this from miguel gerest i just loved this i thought it was very cute i always love a miguel gerest piece of work i really wish he would mint more of these more often but anyway love that very cute and then we had this from burtwurst and say angel who's ready for the weekend and bertwurst just showed say angel and bertwurst their warplets jumping into some sort of portal and what came out of the portal was petlets so we have petlets i'm very excited about the petlets i like the petlets if you like the petlets give a shout out in the chat they're very cute so this is from bert wirth weekends over petlets thrilled to be part of the first harmonybot collectible collab harmonybot is sayangel's mechanic mechanics over there for nfts huger than huge thank you to sayangel for making my petlet dreams come true there are four petlet species you pick your favorite their dna is partially influenced by your farcaster closest friends powered by quotient wave one of minting is only open to those who are holding on to their original warplet so if you sold your warplet your your sol oh well you cannot make a petlet and you have the rock or it's called a walk i guess the woonicorn the wirt and the wool so these are your these are your options that you get to choose from and here's some examples of what they look like here's the wort and then we have the this is the woonicorn and the wok or the rock it's based on pet rock life and then the wool which is a ethereum bull and it's pretty cool so these are just fun just fun little fun little things that you can mint and it matches your it works with with your dna and the dna of your two closest friends to create this unbelievable amount of fun on the timeline is what i will say like look how cute these are they're so cute so burtwurst was posting them in groups of different types and these ones have a theory this one has like a therion horn ethereum horns so cute these are like all the hoodie dark ones these are the pink ones they're just cute they're just cute and fun don't overthink it so i enjoyed this this is really fun i've been enjoying the the petlets i'm looking for these are fun the the dgen ones and then there's some that are freaks and by freaks i mean they are some kind of hybrid and they weren't supposed to happen like that they're mutants so we've got some mutants in there and including mine so mine is this one it's you and me and jc i love it so yeah and it has your face
how can you tell
you just if you go and look at your warplet it has your like it has your look it's got that look from you
adrienne's face it's adrienne's face that's my face
it's got your face
the unamused
unamused face it's great and it's a combination mine ended up as i chose a wart but it ended up with a unicorn horn too interesting just randomly so just a fun little thing
so cute
so cute
i didn't mean i didn't meant one this weekend need to go
through that
i wanna see not in an act of defiance it was it didn't mean anything whether i meant it or not i just didn't
it was not it did not speaking of
don't read into my lack of actions it was a protest
it was not a protest okay well there might be somebody who is protesting if i can get this to come up and i really i enjoy the i enjoy the pedlets i enjoy warplets i enjoy
triemerge i enjoy ai slop so this was from mike good who said maybe a hot take but i kind of hate opening the feed and seeing more ai slop apps first work from actual artists pets now so we kind of went back and forth it was funny because he tagged brett draw stuff in this thread and brett brett actually had already minted a pet petlet and i'm actually in the dna which is really funny so i think it's like i think we don't have to overthink these things you know what sometimes they're just fun to be had on the timeline there's been so much complaining about the trader focus that you think this would be the thing that like you know lightens it up we've got something fun on the timeline don't overthink it not everything has to be high art sometimes it can just be fun and it's fine by the way merriam webster's word of the year have you heard can you guess well
my i don't know my i haven't heard yet when did it get announced my my opinion was gonna be slop
you got it nailed it woah oh it was great crushed it crushed it girl
yes and i've got and i've got the receipts because i have it amazing yes
amazing yes slop slop is the word slop is the word and the ai architects were the people of the year which was you know sometimes time does that and does that little cop out we don't wanna pick one person they do that sometimes
hey prav i just i just remembered that it's usually my job to send our guests the link for them to join
oh my god did we not send them a link
we we i i did not and i'm gonna do that right now because i i he's coming he's ready i just he's just waiting for a link
sorry about that jake sorry about that jake myself okay yeah
okay if we just started doing this okay
great great yeah that was my bad because i i was having a convo with him so i forgot just totally forgot to drop the link alright so anyway i get it you wanna see more art actual art on the timeline i do as well but the artists aren't necessarily showing up here anymore because which i understand as well so but come on back artists we love we love you have we'd love seeing you on the timeline alright i do see jake in the green room now sorry about that
i was
just like doo doo doo doo yeah totally forgot that we didn't send him an actual an actual thing alright so we are gonna shift gears to our kleincaster spotlight and this is where we highlight a builder who is building on farcaster and incorporating clankr and i'm gonna bring you up right now jake and there we go welcome to gm farcaster again jake it's great to have you here
hello hello great to be here can you guys hear me alright
can hear you great can hear you great
i can't really see you jake jake i can't see you
there's a little bit of an echo one second sorry okay
hey can you hear me
we can hear you yeah we hear you great
i heard some sort of commentary around you know my face reveal here i am blue dot yeah
blue dot you look great today it really the blue is bringing out your eyes
yeah i'm consistent same thing every day
i love it i love it well it's you know isn't that the classic builder thing they just wear the same thing every day so they don't have to think about it
yeah that's true i thought you meant consistency
and i
was like you know it's been pretty volatile for me but but yeah i try to be consistent
alright let's jump in for those who don't know let's start at the beginning because we may have a lot of folks joining who are not familiar with qr so let's start with what is qr fun and how did you come up with the concept so let's start there
yeah sure so qr coin fun is a website and a mini app and it is a daily auction for attention so what does that mean you know many people are familiar with like the nouns auctions or in general any auction for a physical product like the old ebay or christie's or or whatever it might be people are generally familiar with auctions the highest bidder wins and usually they win some sort of physical object or in the case of nouns they win an nft a piece of art if you will or membership of a community whatever that entails you're obviously well familiar
i am
yeah and so it entails many things
but it entails a vote at the core of it it's a vote in how the treasury is dispersed but yeah and it's also a piece of art you end up with a with a work of art that's been you know made by some incredible pixel artists as
well yeah i didn't wanna minimize what you win with nouns because i'm not as familiar as as you and others but i know it's involving art and membership and voting rights and and things like that in this case you know it's not really a tangible object it is pure attention so you know we're basically driving attention to the winner of our auction every day and in the beginning you know the way that we did that was just me sort of scratching and clawing for any bit of attention that i could bring to our daily winner so i would do like a long form write up basically like a blog post in the form of a tweet and a cast and share that out and just try to drive as much attention to the winning link that i could every day and it was a lot of manual work we didn't have any sort of systematic way of driving any attention
and sorry i'm just closing out today's auction as as we speak
oh cool
so so is it qr o'clock yeah 12:00 is qr o'clock i figured i could handle both but it's you know i can't do it while literally
you know in the middle of
the sentence but but there we go it's settled and actually it was a really cool winner today deployer from banker
oh cool
have attached to the bank swap so anyway you know in the beginning scraping client for any attention that we could get you know helped by the fact that i had some following on my personals but you know qrcoin.fun created earlier this year started with zero followers and you know it's it's not easy as anyone who's tried to build even their own personal sort of oh that's not good
that's me that was me that was on purpose
okay that was
on purpose i closed out i just didn't feel like logging into metamask and all that
okay okay yeah
because i'm on my laptop i'll go back in later
okay yeah claiming should work but anyway you'll actually if you stay on this you'll see some bids coming in shortly from the new auto bid feature we're getting like way too in the weeds here from like me talking about what's going on now versus the origin story but basically that's okay
that's okay
daily auction for attention originally just sort of driving attention however we could a couple months in two or three months in started to find ways to more systematically drive attention on a daily basis and farcaster was basically the powerful lever that we you know use to do that and so we launched our mini app which is the same as the ticker for the token dollar sign qr the mini app is the same as sort of the website in appearance it looks just like the mobile website would now you could see bids coming in on the daily auction and and so what we did was we got a bunch of users to add the mini app and then you know farcaster has this cool infrastructure where mini apps can send notifications to its users on a daily basis and so we started sending a daily notification saying you know so and so won today's auction check the link that they you know bid to win with and you know you can claim a small amount of qr as a reward for doing that and so basically like you know everyone talks i mean i could go in like a million different directions i'll try to keep this brief and then we can go into whatever you guys want to but
we'll go into all the things yeah
yeah so you know i think you have all these people in crypto who have all these different tokens increasing by the day and everyone's sort of you know there's this thing about like sort of working for your bags but like no one actually does and like why not because you know if i've got 17 tokens in my bag how am i gonna work for all of them like if i've got a day job and another thing and one token that i care more about than the others and whatever like most people might work for one or two tokens in their bag and when i said 17 as an example most people realistically have like a 170 or a 700
at least
or whatever it is
and so if you want people to actually work for their bags i think you need to make it extremely clear one specific and maximally easy and fast thing that they can do to quote unquote you know work for their bags and in this case i think we've basically identified the easiest thing possible to do you know on the internet which is to click one link every day like that's even easier if you think about it than like sending one tweet like sending one tweet you have to like type stuff and then like press a button clicking a link is one click like there's no button clicks it's one click and not only are we asking people to do that because it's the primary thing that brings value to our project driving attention to the winning link and like you can do that by clicking that link and then of course like i obviously when you get there we hope that you spend the time and learn about it and check it out but even for someone like me who own you know runs the project like i'm gonna be much more interested in some links than others and so some days i'll check it out and i'll leave right away because i'm like kinda low quality other days i'll check it out and i'll be like wow i i was i'd never heard of this builder never seen this project this is brand new this looks great oh it has a token i'm gonna buy that token and that that exact like flow of things has happened multiple times where i've then bought noise token the day that it launched i bought donut very early on and didn't do quite as well as nounish professor but you know got like a 50 x or something like that and so you know you have to use some judgment i'm not saying every winner of the qr is gonna be like insane alpha but i'm like so much more tapped into what's new on chain as a result of building this project and anyone can be sort of similar to me in that capacity just by following the auction it's a public auction it's not like i have any information that's that's private here i'm just following the auction every day and so anyway we pay these people to actually do that action with a small amount of qr which ties the token together with the project and you know what are tokens good for if not driving mass actions basically and you know the micropayments that we're making are of amounts that depending on where you draw the line for like feasibility of micropayments gas on base just got to like less than a tenth of a cent like within the last year so you could argue if you were to draw a line in the sand obviously it's more of a spectrum and there's not a line but if you were to draw a line in the sand on like okay where are micropayments feasible you could argue if you made it a tenth of a cent that they became feasible within the last year in crypto and because of crypto and that they weren't obviously prior to crypto at all and so it's something sort of interesting where the why now we kind of got lucky on post launch like that wasn't a part of the plan going in the plan going in was very simply look at all these tokens even the ones that quote unquote succeed get attention and then they they flame out and they're never able to sort of recapture the attention that they got usually around launch sometimes later and they basically die and is there a way to create a token that actually doesn't die that actually has a sort of sustainable you know loop that sort of keeps the attention on the thing and to me there's no one thing that can keep attention for a very long time or at least there's very few things that can do that and so you need to change the thing and qr built a system that changes the thing and so we drive attention to something new every day and we could go thirty or sixty days cold with not that much attention on the project but then when the next noise launches or donut launches through qr and they're simultaneously driving attention to one another qr is relevant again and so it can become sort of this evergreen unchained attention machine as we call it
and so you also have it so you can go direct to the actual website as well which is qrcoin.fun and see it there so anyone even if they weren't on farcast or weren't on base on baseapp they to access the mini app you can still bid you can still see what's going on which is very cool so you've got that as well you've got the today's winner is there the large qr code and you've also done physical like stickers with the qr code and put them up and that's going to be like an eternal code that switches every day so that's pretty cool
where it's
kind of evergreen in terms of its activity
yeah with the stickers i mean you could imagine whether it's stickers or billboards or magazine ads or subway ads or whatever it might be that physical distribution of basically an advertisement compounds over time because it never loses relevance the you know the link to which it points to changes every day and so as long as stickers continue going up faster than they're coming down the distribution for the winner of every auction every day is going up i think you know i'm not trying to like i think a lot of projects will
you know over exaggerate the importance of various pieces of the project at various stages and at this point in time the physical scanning of qrs is not going to move the needle for the amount of attention that's going to be driven to our winners every day but long term you know this would be a different project if it was called linkoftheday.com and there was no physical component there is a physical component that long term could become important but i think it's a lot easier faster and cheaper to grow in the digital world and so we're focused purely on that to start we've done a couple of things such as just producing the stickers making them available for sale if you go to map.qrcoin.fun you can actually see people who choose to put up the stickers and you know tell us where they pick them up and stuff like that you can see that so we've sort of like said you know here's a glimpse at what could happen in the future but we're not spending time there and if people wanna take it and run with it and buy a big bag of qr and like actually take some initiative and really work for their bags then fine that's great but for me if i spend a bunch of time on the physical stuff like we're just gonna die because like the you know we have to do digital stuff first so
this is cool though i did not realize that you had the map so that's pretty cool like to see that
and and you know the way that we pay people to click links today you could easily imagine we could pay people to verify that they put a sticker up somewhere at some point again we're not doing that now but there's a lot that having the qr be the image for the token and like literally functional like for example our memes when people do like a qr meme like they scan if someone's stumbles upon that same meme like as we build a meme library or something like that that meme library is functional so when you reuse a meme it's gonna scan to the winner that day even if you use it two years after it was created and things like that so there's a lot of cool things i think that having the qr a functional qr an on chain qr by the way as the you know image for the token adds to the project versus like could we have done this like i said as like linkoftheday.com for sure yeah and would that much have changed so far maybe not but i think there's a lot more potential introduced by the sort of physical to digital bridge and in general i feel i've actually been pleased by how little confusion the qr has introduced in the beginning people would be like you know how many people are scanning the qr and i was like that's not really the right question it's like how much attention is being driven to the winner every day is is sort of the better question but i understand why people ask that and i've been pleasantly surprised by how that question has become less popular
but jake what's the difference
because like when you go to our mini app and if you click like the qr for example or or you click the pop up with today's winner you're not actually scanning the qr right you're not like taking your phone up and and scanning and people wanted to know like how many people are actually scanning because that's you see a qr and you're like oh the important thing is like who's scanning it
scan
right but the qr is more symbolic and
you
know a lot of people sort of identify a qr and they think of a qr and it's like oh that redirects to something so that part
right
is useful for us but there's not i mean we're not even tracking how many people are scanning the qr like in terms of physically scanning to get to somewhere what we are tracking is you know how many people are going through sort of our main flow and checking out the winning link every day and then collecting a little bit of qr as a reward and so like that's that number that you'll see on the homepage there like 7,884 visitors yesterday that's people going to the winning link checking it out coming back to the qr mini app whether it's on farcaster or the world app and then claiming a little bit of qr as a reward
and i do it pretty much yeah i i do it most days because i see the notification or i'm seeing the auction in my feed so that's the social aspect of it and then i'm going to it checking out what the link is and collecting my you know $9.10 cents of qr and i'm happy i'm very happy about it do you have a question oh go ahead
i would say before jake i was thinking of you in when i was at dev connected buenos aires i did a bike tour for the afternoon and the entire time i was biking behind a guy who had a qr tattoo on his half
yeah
and i'm like oh what does that scan to what does it scan to and i immediately thought of you
it's funny i love like you know people like will see a qr and be like i thought of you and i love to sort of be associated i mean you look at like my blue dot logo like part of the original thinking behind that was like if i can have people see this blue dot in the feed and like associate that with me that'd be pretty cool like that's a pretty fundamental thing like the most pop i mean not the most popular like one of the most fundamental colors if not the most fundamental color on the internet in my opinion which is this pure blue and then you know a circle is like a fundamental shape like you're just putting two like very fundamental things together and if you can have that association that's pretty cool and similarly with qr it's like if people start seeing the qr or any qr rather and thinking of like what i hope would be you know could become like the qr like that's really cool and- that's very cool yeah and so what's the i was gonna say one other thing about that
and i loved this from yester crypto too i dream of a day when the future purity test asks have you ever won a qr auction
yeah well we'll see
i can say yes to that thank you
very much to you
there you go but yeah and the other thing you reminded me of with the with the you know the person that had a tattoo it sounded like with the qr is like more than a few people have like reached out to me and and been like you know you should sponsor a you know giveaway or or a bounty or whatever to to for someone to get a qr tattoo i just can't bring myself for some reason to to incentivize that okay so we used to
have that announce that used to be a thing announce where if you got announce tattoo we had small grants committee at noun twenty two and he would reimburse you for it
wow so now there's no no reservations on inside that
and then yeah and i have a little one but so this was at an event this was at an event so did
you get paid for it or no
i it was free
yeah it was free
to me it was at an event so there you go
the mom and me yeah tell you jake you're doing it now
thanks yeah i think my mother would be proud as well
no need to incentivize that i guess so this question from yester crypto i think is interesting does the smart contract direct the web link or is that still humanly centralized
the smart contract has the link as a field included on it so i could send the link to i mean the the yeah a link to the contract for anyone who you know wants to see it i don't know we should probably put it somewhere on the website i just sort of figure you know a lot of people don't care but i could put it somewhere on the the information page or something like that people could take a look at the contract
and just so that folks understand how the bidding mechanics work so you've got a few options here you can just put in a bid yourself and you're adding in the link right when you bid so it's going into your bid
mhmm
and then you can choose actually you can choose other it's not gonna let me do this but you can choose other tokens as well right you can select different token
if you if you put a smaller amount there i don't know if you have oh you don't have a wallet
i'm not connected so that's why yeah cause it's yeah
if you do what basically happens is you put any amount in there and then the usdc dropdown will show any tokens that you have at least that balance of in your wallet so it's not showing a bunch of unnecessary tokens so if you have you know if you put in $12 and you have a wallet with $40 of clanker and $50 of qr and a $100 of eth it'll show those tokens and then you can get using any one of those to whatever link you want and
click start bid and if
you check the auto box this was something we recently added that same bid will basically be held in an escrow where it will be applied every day until you either win or cancel your bid and so if you scroll down now we actually had a small issue that was solved you know in the last ten or fifteen minutes that basically the auto bids weren't weren't going but now you can see them so there's you know seven or eight auto bids most of these if not all of these are auto bids from prior that that replaced prior days so these users themselves haven't actually probably engaged with qr today their bids were placed
you know
yesterday or the day before that when we when we shipped the feature yeah
for the nouns the nouns folk are familiar with the auto bid very familiar
is auto bid actually a feature on on now no
but people have bit have built bots to do it for them
okay exactly yes
over time there was a few larger whales who used to do it and then there were groups that used to do it so for example at times we've had little nouns who's created a a smart contract that would bid and the other thing that happens and i'm not sure i saw this happen the other day and that's why i actually opened up a far house and jumped on to watch it where you have your towards the end of the auction but it keeps extending is that what's going on or does it actually end right at noon
no so it's scheduled to end at noon every day but if there is a change in the lead bid within the last five minutes it will extend another five minutes and that'll happen you know for all intents and purposes until a lead bid maintains the lead for five minutes straight and so we've had you know within the last week or so we've had a couple of pretty extended overtimes one of them went almost a full hour which i don't have like a record of these things but i i think i would doubt that we've ever had an overtime run longer than an hour that's just a lot of back and forth usually someone gets sort of bored and like bids their way up and then like you know it's kind of over
i don't think symbio is in the he's not in the chat but there was a time period where nouns had one and it went on for a couple hours i think yeah i think it was 04:20 if i remember correctly it was noun 04:20 and they were trying to get a weed noun and then the bid i think the bids for that went long too i can't remember if that was the fomo or the bids yeah but yeah it could so then so how far but it still will end at noon like it still starts to slow down at noon it's not or is it a full twenty four hours so does your auction now extend further out is what i'm trying to
get no it'll end at noon so these were there were a couple of adjustments that we made we we originally forked ned's contract so everything was pretty much the same other than the fact that you're attaching a link to your bid which is obviously not part of nan's
right
we've since made a couple of because i'm like you know nan's is the best auction in crypto still to this day you know i do think personally obviously i'm biased but i think qr is the hottest auction in crypto and has been for a
long time
i think so too but qr i mean nouns is the all time greatest daily auction in crypto i would say and will remain so for a while unless we have some
crazy growth infinitely
yeah maybe infinitely well we'll see i'm trying to change it now
one noun every day one noun every day forever
no it's great it's great and like i have a ton of respect for it and so like i'm a big fan of you know don't reinvent the wheel if you're going to take some sort of opinion and and introduce some sort of risk like you wanna minimize the number of those that you have to be right on in order for the thing to succeed and so we're already sort of taking a risk with this weird project that's gonna be hard for people to understand let's start out with an auction that is somewhat familiar within crypto so we've forked nouns and then we've since sort of you know changed a few things so you know nouns is bidding in eth we originally were bidding in eth then we tried bidding in qr because it more intimately ties the token to the project and in theory you know drives more demand for qr because it enforces people to bid in qr and you know that should be good for the token in reality when we did that we did that between auctions like 20 i don't remember the exact numbers '27 to 63 or something like that
i think did you have to bid in qr adrienne cause you were like auction 40 something i think
i hear you yeah probably did
and so probably
i think it was 40 definitely it was definitely 20 something to 60 something and it was bidding in qr and basically you know as you guys know like for any of these crypto projects it's really you know you launch and the default is that no one cares the success story is that people actually care then after that within that subset of launches that people care about the default is that no one cares two or three days later or honestly even like two or three hours later sometimes and you know it's very hard to be in the small group that people actually do care about for like a full week or a full month you look at something like punk strategy right like people cared about that for like a solid month if not more and like when was the last time you thought about it though like great project i love rhinotic i think he's one of the best builders in crypto period was super stoked to see that project take off and and you know i hope it comes back like there are projects that's
going to
come back from that like massive peak and and fall
and because i'm still holding my punkster i was like i thought it was going to keep running i really did that was one of those ones that i'm like this one's gonna this one's got some staying power and it still fell off
it and
that happens and i think what you've seen with the auction which i think is interesting is this sort of wave where you like you know you have moments where it really pops off and that's a great thing like it's a great thing that different moments are going to drive attention to the auction itself and then the auction then drives attention to those projects and then the projects talk about that attention thus bringing more people in to you know who want attention for their auction yeah so their project
yeah and so
what was that say so yeah i guess going back to the the nance thing you know we we originally had the bidding in eth then we went back to bidding in qr i was basically describing through these various projects as examples how hard it is to not just have like an initial burst of attention but actually sustain it and so we're on like day 20 something here i changed bidding to qr introducing more friction to bidding and i'm already you know i just want one bid a day like i want someone to win the auction like i don't i don't want it to go for $2 to no one or or whatever it is i mean realistically someone was gonna be was gonna bid but like maybe not honestly and then if they do like i'd rather it not go for $2 i think the lowest one ever went for 20 something dollars or something like that of whatever the token was at the time and and so i was trying to get this floor of like a $100 or something that was like a big thing to me and now you know the all time average is 600 and we haven't been below 200 right over two hundred days but at the time like again you know scratching clawing for any bit of attention we don't have any systematic drivers of attention we don't have a lot of people aware of the project like not a lot of bids every day and here i am introducing this friction to bidding by making people get this token that most people don't have compared to usdc or eth and then on top of that like the one reason we did the thing was for the benefit of the token and meanwhile the token is like either flat or falling and i'm just like this is not working like in theory it's good for the token in practice and with the known trade off of introducing some friction to bidding like i knew that in advance and i was willing to accept that and then i see the friction payoff or like you know go as expected and the token doesn't do anything positive so i'm like there's a lot of things in this category that in theory are good for token holders but in reality people don't care about or don't seem to care about or the market doesn't value and so we tried to wind that back pretty quickly you know wanted to give it some chance so we gave it like thirty forty days and then we switched to usdc which is a little bit better than eth for a few reasons in my view certainly helps from like a tax perspective and you know there's a bunch of other reasons i have a tweet about it i could i could pull it up but i think for you know for normies seeing a bid priced in usdc or rather we just show it in dollars and that's a lot more familiar than than eth where people just want to kind of convert it to dollars anyway so like the the legibility for what i hope could one day be like sort of a mainstream project and so obviously you know we've kept it now for whatever it's been two hundred plus days and so i do like usdc but then while it remains the default and sort of the unit of account for the auction is still dollars just recently you know we added that thing where you can now bid in any token so that to me is better it reduces friction further because if you have a $100 of usdc in your wallet and you want to bid $2.50 and you have $300 worth of or you know dollars 3,000 worth of of clanker you you'd probably rather spend the clanker and so you go and and you made it in clanker and so it's like slightly less friction for people and it's a cool thing like you can't do a lot with tokens you can generally buy or or sell or swap or whatever and here you can bid you can actually like use the token for something so that was one thing
what would the token do there you go
exactly what's the
token do
here's an answer
on qr
here's an answer you can go bid on bid on qr some other things that you know i love that you've incorporated the url right from the jump from like it's not something you're collecting after the fact for two reasons one i just love that it's an on chain mechanic that's in there but also it provides some attention right up front so if you're bidding and you're a smaller project and maybe you're not going to win the bid people are probably going to look through there like i am you know i'm looking through to see who bid it who bid and i'm seeing you know urls there already so very cool
and here's the thing so like we're on this stream right now right and like we're looking at the thing and it's like okay there's like in the three slot there's garrett with like lasertechnologies.com and like it doesn't matter like you don't need to have that that attention driven to that doesn't need to be worth a $100 which is non trivial like you you want if you're paying a $100 like you want a good amount of attention for something and i think we're delivering a good amount of attention worth at least $101 if if you were to win the auction in my personal view everyone can value that themselves and that's why this is an auction we're not selling attention for a fixed price every day based on my opinion of what it's worth it's an auction and anyone can judge what that's attention is worth and one of the things is you know i've been pretty encouraged by is the number of repeat winners so like the best endorsement of the attention that's driven to the winners in my view is someone winning and then going back and bidding again to win because that shows that they felt that it was worth it and when i first built this project i actually didn't like the concept of repeat winners as like obvious as it might sound didn't occur to me like i thought that you would want to use this to drive attention to something of yours once and like after you did that like you did it you're not like you did you took advantage of that tool and like you're good but like we in reality like i i don't know the exact numbers these days but like somewhere between like a quarter somewhere around like maybe a quarter of our winners have won multiple auctions so even if we have you know 285 auctions we we probably have well under 250 individual winners my guess would be closer to 200 maybe even less than that because of all these vp winners and so anyway you know people can value attention how they want and i don't wanna do that because i don't wanna have to argue with you that the attention is worth something like attention is a very fluid and like hard to value things so people can evaluate how they want that's why it's an auction an auction is like a very awesome thing for that reason that you don't have to choose the price as the as the seller but anyway in my personal view the attention that we're driving on a daily basis is worth more than $101 but in the case of garrett's laser technologies bid there which is an auto bid that he's placed a day or two ago to go on every day to your point i mean we're talking about him now you're looking at the bids every day and you're seeing these bids and like even if you get two three twenty thirty however many eyeballs on it which by the way like all of these being on the bid board there's no way you're gonna get as much attention as if you win because of the systematic you know driving of attention that we do but you're getting some attention and garrett's not paying a $101 for that he's paying like a tenth of a cent for the gas that it cost him to place the initial auto bid every day after that when the auto bid gets placed we're we're sponsoring the gas there and he can cancel that bid at any time so if he cancels it now this entire conversation everything any attention that that link has gotten cost him i mean i'm trying to be like overly whatever correct here by saying it costs him a tenth of a cent from gas but let's you know it's free and so yeah by placing an auto bid or just placing a bid in general that you don't expect to actually win it's free attention and so you know you beat the drum on these things and like you hope people catch on it's actually like surprisingly hard to get anyone to do anything but like placing a low bid on
the qr
auction is like
you know i need to clip that jake
yeah like placing a low bid on the qr auction is like really a no brainer like someone like this guy jorico is super fresh
yeah
he's $18
all these
by the way these are linked you know what i mean like i can go into like they're linked as well so you're even if you're you don't win the auction during the auction you're still getting attention and people can link out to whatever link you had put in there so
and so i'm i'm very bullish on this feature because i am too for that reason and because this bid board will now start compounding for the first time ever like prior to a couple of days ago every day started from scratch and now that's no longer the case and it's interesting to hear i was not aware that the auto bidders were on nouns
they're like i said they're not it's not something built by nouns it's built by other people
right
so and that's been happening since early days
like i yeah so the same thing happened here where that guy at the top remy bight who is now using our auto bid feature previously had this cool thing that he built himself where he bid the amount equal to the auction number every day so today he would have bid $2.85 yesterday he would have been $2.84 and it's just he's been doing it for like a long time like since before auction a 100 and he's never won and so it's been very cool and helpful for the project that he's basically set this floor every day and it's not like some it's not like a hacker or anything like that because you know any day if no one was interested in bidding more than him he would have won but he skipped all the low bidding war stuff and just said here's my bid and started like sort of the floor bidding and fortunately every day someone decided to outbid him and i've sort of been waiting for the day like a lot of days it's like you know in the past it was like one person outbid him by like $10 and i was like waiting for the day like one day remy bite's gonna win and then i'm gonna be kinda scared like is there gonna be a floor anymore like does he want it again or whatever and now that we have this auto bid that's you know a built in feature i'm much less concerned because i know if remibyte wins ds eight's got that $2.50 auto bid on there okay and garrett's got a 101 like anyone else can come in under that so
that's one of the things i've seen announce for a long time is there's there's generally a market maker and we don't call them they're not really that and they're not really setting a floor per se but they are you know know what i mean they're they're the ones who are coming in they're bidding every day and it goes through phases there are different people at different times and they have their own motivations so you know it will it will wax and wane
right
but it's cool to see these folks who are showing up every day and i love the that you've now built in the auto bid i think that's super helpful and to you know i hope people understand like yeah there there's there's value to that the other thing i really love and that i wish nouns had was join bid because we have done that as well and that's how i ended up with my first noun was a group of folks coming together but the way that worked was i'm going to trust these two people i've never met before who i only know on the internet to i'm going to send them money to a safe and just hope that they don't walk away with it luckily it was tony hawk and ben bodie so
oh wow
i got lucky there but you know it's this is a much easier way to do this so if you haven't tried this before you can click on join bid and kind of rally behind a particular bid and your bid that's going in if the if it doesn't win you get your you get your bid back so in general for any of these but even if you just join a bid and you did a really cool incentive the other day so that whole mechanic really popped off like crazy
yeah do you
want to talk about that
yeah sure so first of all in group bidding i do i love that feature as well it's actually my wife's idea
which i
think is pretty i like that like that's a nice piece of the story which i think qr in general is developing to be a pretty interesting story if it works if it doesn't work no one cares but if it works i think it'll it'll be a pretty great story in a number of ways and that's one that she built like that or she sort of suggested that core feature
great idea
it was
a great idea shout out mrs jake fantastic
yeah
and so anyway yeah the other day i did an experiment that you know we we just put out it was actually prompted by the guys at beeper who wanted to run some sort of campaign and you know wanted me to like sort of match some or you know contribute like they were happy to do it on their own i'm i'm i don't mean to say anything like pressure or anything but they're basically like hey we wanna do this thing it'd be cool if qr matched like sort of our incentive for our users with with some qr and i was like that's a great idea i would love for you to do it i can't incentivize a single bid on a given day because that compromises like the integrity of the auction like i need i can't play favorites what i can do is do a general giveaway and say you know for the for the winning bid this day we'll give away x amount of qr and that will include your bid if if it wins but not if it if it doesn't and they were like okay great because it you know it accomplishes the same thing that they were looking for it's just generalizing the the incentive rather than making it only for their bid and so i did that and we did a thousand dollars worth of qr and the winning bid ended up being like $3,500 there was at least a few bids over $3,000 and most notably you know that was our second highest winning bid of all time but most notably the number that was like blown out of the water was the most contributors on a single auction so yeah i tweeted this out i forget the exact numbers but like i think we had 750 unique bidders where the prior high was like around a 100 or or 200 or something like that the total number of like contributions to all bids was over a thousand and the highest previous was 200 and something and like one bid alone had
like less i think it was this one oh no i guess that was the
out of it that was the out of it if you go if you go back a few or you can go to the winners table or you can just click the back button to two eighty one that was the
that was the one okay
and so you can see like the top bid had 176 contributors and next one had over a 100 the fifth best bid had four forty three contributors so basically like all these people and this is actually another really good example of
you know it's hard to get anyone to do anything in this case these 171 contributors to the winning bid are a hundred hundred and seventy six because it's the five pfps plus the right
plus 171
yeah so 176 they all won an equal share of a thousand dollars worth of qr and if you click on their pfps there
when you scroll down the vast majority of these people contributed $1 yeah so all of those people contributed $1 to a bid that if it lost they would have gotten the dollar back it won so the dollar went towards driving attention to this link which was for x fun and then they received whatever i think the equal split of a thousand was like $5 and something 63¢ or something like that yeah something like that yeah i rounded up a little bit because i never want people to be like oh
it was supposed to be
this but it was this so i sent like $6.23 or something to to all those people so all those people made $5 for again like very simple action engaging with an app where they really the only downside they possibly could have had would have been you know if more than a thousand people ended up contributing to that bid then they could have contributed one in one dollar in theory have won the auction and then have received less than a dollar back but as you can see it finished at $1.71 so like in an efficient market that would have gotten up much closer to like a thousand contributors but it's not efficient
i was keeping an eye on it
do anything
i was keeping an eye on it so i was adding there was somebody who came in kind of towards the end and they put a big they they captured the auction i was like well i'll just join that one because now if it's just us at 28 people i'm gonna make out like crazy
yeah and it's
just and then it ended up getting outbid but it was kind of fun to be able to like you know can i arb this kind of situation you know like mhmm is there is there an opportunity here so it's cool to kinda keep an eye on that and that's another opportunity for you to incentivize where if somebody wanted to offer a a incentive a reward for the bidders they could do that as well so it doesn't necessarily have to come from qr so there's another opportunity there to for some fun and some some shenanigans
yeah i think you're sort of speaking to a pattern which is basically you know observe what happens and then build for that like observe what people are doing anyway and then and then build for that and so that's certainly like the approach that we've taken but on the other hand people will see things and be like trying to think of a good example they'll they'll see this for example and they'll want me to do that every day right and build it into the project and that may be a good idea but it may also not be and so i've been very hesitant to build recurring pieces into this project that further complicate it it's already complicated enough it's very simple but like it's comp no one like again no one you know it's sort of related to the thing of like it's hard to get anyone to do anything also just no one cares generally and so like if you're gonna get someone to understand something like it needs to be easily summarized in a tweet and the qr it's like already hard enough to explain to people again much easier than a lot of projects i think but very hard and so the more i introduce people are like oh you know the the bids while they're on the board they should be staking in an aave contract i'm like i get it but like
like that sounds cool and overly complicated for no reason whatsoever
yeah i mean part of the the thing that i think actually really helps me as a builder in general is i have a very low tolerance for complexity and so if it is like at all confusing to me i'm just not interested and so as a result like my projects end up being like very simple and i think that's beneficial because i think that allows for like the widest potential understanding and as you get more and more complicated i think you niche yourself further and so what what was interesting though about this incentive was this was somewhat like this could be replicated i think i could absolutely i could have done that auction that same incentive the next day as a sort of fun little fact like it actually broke our contract the $2.81 the the one with all those contributors there's too much to refund everyone at once
so we need to
just run a manual script yeah and so i i we need to you know change some things and fix some things before we were to repeat that but
i can't even see oh there we go i was like i can't even see all the bids no it's going i just wasn't i didn't think it was leaking yeah
and and so
oh so this was the one this whoever put this bid in they came in with a 3,000 and i was like the second person to join it and i was like oh well if this wins and so i added a little bit to that one because i was like oh maybe
yeah i mean those people were in line to win like $20 for yeah
yeah so there was like a yeah there was an arb there that was like oh this is an easy no brainer cause i'm just gonna get it back if it doesn't win if not i'm gonna you know get a little extra so all good but even when you look through this even those who didn't win again you still have the lengths you have like the attention that it was getting while that was all happening so it's it's worth it it's totally worth it to to you know make the experiment
yeah and and so i'm i'm very pro one time experiments and very conservative on adding recurring pieces especially recurring pieces that require recurring work from myself or the team or whatever because then you get caught up spending the majority of your time maintaining systems that are unnecessary and unhelpful and can't do one time experiments or you know commit to larger time commitments on building out like more important things and and stuff like that so i've said no to a lot of people fortunately we've built a holder base that at least like a lot of the bigger holders i think understand who i am what i'm about how i approach building and are on board for that especially now as the market cap is down quite a bit from all time highs i think a lot of the tourists have sort of left and hopefully the people who are there are sort of a stronger holder base but we'll see i mean building a product alongside a token is really like it presents a whole set of challenges in addition to just building a successful product which is hard hard enough that would i do it again the way that i've done it with qr almost certainly not but am i glad with the way that it happened and that we are where we are i i am because i think it like i said earlier i think it can make for a very cool story but for a product to fair launch its token it's pretty dumb in my view i wasn't planning on actually working on this when i launched the token i launched it when i had the idea it was basically a bookmark to myself to remember the idea where basically i was like here's an idea that i have for and i i didn't share this even publicly until a few weeks later all i did was tag clanker and and launch the token and no one had any context and anything but a couple weeks later i sort of revealed that it was because i had this idea for a token that you know does all the things we've basically talked about where every day it changes to a new link driven by a daily auction as you know good projects win and drive attention back to the auction that's helpful we obviously drive attention so it's like a bidirectional advertisement sort of thing and and all of this and i had that idea i thought it was interesting but i even wrote in my first cast about it that i thought it was interesting but like probably not something i wanted to spend a lot of time working on over a long period of time
famous last words
exactly and so you know ended up building the product like a few weeks after launching the token and you know here we are ten months later nine months later or whatever and so it was not a thoughtful it was not like an like i'm gonna fair launch this token and then build this product it was you know i this is an idea that i probably won't think about again unless i do something like i'm a big believer in sort of like taking the first action because it makes the next action more likely and i would not recommend to those listening to make that first action launching a
a token
but in this case it was because you know credit to clanker launching a token is that easy
that easy yeah
and so yeah here we are i think like i think
that interesting though that it was like almost like okay i'm gonna launch this token as a reminder of this idea that i have in this moment that i i'm similar in that i'll have ideas and the way i used the way i used to do what you do was i would buy a domain name mhmm right so i've got a graveyard of domain names that i did nothing with but in that moment i had this idea and i'm like maybe i'll pursue it and and maybe i went down a little bit down the road and i'm like nah that's not gonna work and pivoted to something else so i think there's a lot of people in this space who do similar things because same thing with dot with dotties you can go look at my e and s's i've got a collection you know that i haven't done a lot lot with because channels same thing so to me this is similar like your token thing was very similar to all those things of like i have this idea i don't know if i'm gonna do anything with it but i'm gonna i'm gonna hold on to this little thing as a reminder and maybe i'll circle back so yeah
no i i love the domain or or ens as the alternative that's probably a lot less you know potentially negatively consequential to sort of vibe launching a token but but yeah it's you know you go again you go back through your list and you sort of like see these things and it's a little more serious than like taking a note on your phone of which you have like a million and they don't really stand out so yeah
and we have a question from mikado is qr getting attention on the world app too like i know you launched it over there as well so how is that going are you seeing a lot of activity there or still most of the activity coming from farcaster and and twitter
yeah i would say most
of the quality attention is still coming from farcaster we are having you know thousands of uniques every day on the world app great i haven't checked it in recent days but last i checked it was sort of in the in the twenties for like world rank of many apps on on world app which i still i haven't spent as much time there obviously i've spent tremendous amount of time on forecast over the last few years world app i've been interested in from afar for a long time like had the founder on my podcast years ago and i think it's it's really interesting but it's you know it's not a social network it's it's like you go it's not multiplayer basically and so you know you go you can do things with money you can obviously have the proof of personhood you can engage with many apps and you know it's also a very global thing not that farcaster's not but i think they've had a focus on like developing countries in a lot of ways and so while we have thousands of uniques every day coming from the world app visiting the links i think that attention as of now is probably not as valuable as what we're getting from elsewhere especially if it's going to be a farcaster native link a lot of those people don't even have farcaster to take a look so so
the mini app like when the mini apps are bidding essentially and they're putting the minneapolis the farcaster mini apps in
there yeah like a tweet might would gain more value if if that's the length
of the day
but yeah it's i'm glad we're there and like you know getting on base is is important again as long as it doesn't come with a tremendous amount of maintenance which which this doesn't and so we're on world we're a pretty good like respectable mini app on there relative to other mini apps is at least as far as i've seen from like the trending list and stuff like that you know thousands of users and whatnot but is it a a platform worth doubling down on immediately probably not like you know farcaster i think we we can continue to iterate on the product are we going to materially expand like the mind share that we have within farcaster also probably not we need to expand beyond farcaster right and part of that could be the base app general admission right
that's what i was just about to say i i think that yeah base app opening up is gonna probably be helpful there probably the most helpful next next thing i just said yeah
and it's been live on on base app for months and we do have visitors there it's been you know i can see i won't yeah i i can see the numbers and it's it pales in comparison to farcaster and we we've been the number one mini app
in the
utility section on on baseapp for as long as i've seen it like on there you know multiple months like at least three to five months or something like that so it's not like we're not doing well on the base app the base app has just been wait listed and and quite small and so right as they open up there's definitely the potential that it could get a lot of attention there i don't know what the quantity or quality of that attention is going to look like it took us a a long time to sort of change some of the dials on reward amounts and things like that to make sure that we weren't over incentivizing low quality on farcaster so like if we wanted to we could blow the numbers out of the water but we'd be just be driving a bunch of bots and whatnot and so you know we're we're trying to drive a a healthy combination of like quality and quantity attention to basically have it be in combination as valuable as as possible
i think the joining bid is really a good helpful part of this because i think that gives folks another reason to look at it while the bidding is going on
yeah
because it might if it gets to a certain point you're like oh well i'm not gonna bid more than $3.50 but you can join when someone else is so there's that and you see communities popping up to incentivize their communities to come bid
yeah
so that's another driving force of this and i saw that with minted merch was a great example of that you saw that with you know beeper in in different different groups so did you say minted merch i did i did say minted merch
there's the mug
the black bag is there
a qr on there there's gotta be a qr on there
yes isn't there
oh i hope so if not
oh they're baby
i don't know
cat and savage i don't know if i saw it
and savage you didn't get a qr in there
i don't wanna start roasting if there is a qr on there but
yeah i don't know i don't think there is i don't have mine handy but anyway maybe
the v two mug will have
the v two mug will need a qr
yeah we'll earn our way on there
now that they now that they won now that they won one didn't they i thought yeah
they won at
least one
i think they won a few
because i've participated i've joined a bunch of bids for different different things just to support and it's fun it's really fun what else do you have coming soon i know we need to we're getting growing a little long so what really quick like what else is coming soon what should we be on the lookout for with qr
well i can help save us some time if we're running over i don't really like to talk about what's coming next so
alright great then
i'll say in general we we are trying to drive more attention to the winning bid every day because that's what drives value to winning the auction which is what gives us revenue which allows us to pay out the incentives and everything like that so our general goal is to drive more attention to the winning link every day peep and i say that because people are like well have you thought about you know we you could have a few things that you feature every day and you you know make more revenue that way and i just personally at this point am not interested i think the project thank you
you know
it could certainly be a lot bigger i think sort of the fundamental formula is on a path to working and i wanna continue to double down on that and build things to make that sort of work better and so driving more attention to winning link every day is the goal and the reason i don't like to talk about specific things is because i personally am tired of being told what's coming and not seeing it ever arrive or seeing it arrive in a way that is very affiliate and so i'm not gonna do that despite lots of pressures to do that and probably sacrificing a good amount of volume on the token from not doing that sort of thing because people you know drive speculation and whatnot but we're just gonna ship what's done when it's ready talk about that and talk about the past and and what's happened and what's happening but i try to stay away from the future stuff
i'm trying to find your bid adrian and i can't remember what number it was but i know it was back there somewhere
you can find if you go to the winners page at the top
oh that would be the easier way to do this i was trying to but i also think it's cool that you can circle back to the individual pages too
yeah if you
could put the link see all the things let me see if i could find it
number from this page you can get that same view so you can okay great i you know command
she was i know she was down there up there she is 60 it was 60
okay but i was like the fact that you even have something in your memory of when it would have been blows my mind
because what
i just vaguely remember your brain full
qr auction winners are important that's like
you gotta 60 is a good number
i have a weird yeah my brain's weird so that yeah there was 60 i wasn't sure i don't know why i thought it was in the forties maybe i think you you bid in the forties at some point
children's book earlier i did
a i i build yeah i bid on
my book
i don't think i won that one i think this is the only one
but this is really cool that you know it's still the attention like you still have the opportunity to like revisit the previous auctions and see them so you also have this sort of link that's still there that's helpful for seo so there's a lot of benefit is what i mean that continues on for somebody who wins an auction even if it's you know not the current auction so
there could be more too like you know i don't know if you guys saw like with banker was you know people who had banker at least a certain membership got like those airdrops
mhmm
there's interesting groups of people to airdrop beyond just like token holders of of a certain token so like obviously people could airdrop qr holders if they want or something like that right but qr winners is a much smaller very high quality group of people and we have had it's been a little while but we have had some people target qr winners for airdrops
oh qr shop i was like what is that i wasn't even sure what that was yeah
i you know there's some things where i use an icon that i think is like intriguing that's more intriguing maybe than it is you know sort of obvious as to what it actually goes to so
i used to tell you that
that was actually smart that that actually smart because i probably wouldn't have clicked on a shot so this yeah i like this was the you could also click in here and see everyone who bid with you on something and join the bid and then you could send the you know that could be an airdrop there's lots of ways to to think about this
yeah i've gotta fix that image now that you're showing i've got to i so i'm back here replacing the image if it's like we load the open graph but for for that bankers bank range right there we load the open graph automatically but a lot of times it doesn't show very well so i just updated it and it should be better now
alright let's rephrase let's refresh that's funny that you're working this is like
i was just saying like bullish on builders who are on the way through the updating she does all the time
yeah well i mean you guys were like communicating with me behind the scenes while you were running the show and i saw that so it's i think we're on the same page there
this is what she does alright adrian what did i miss what did we miss what else did we touch on here did you i don't know if you have time do you have time for a few lightning round questions jake
yeah i'm good
alright why let's head on to lightning round as we wrap this up
but when can we expect to see the qr code on a billboard in times square
let me see i've got a oh this is supposed to be a lightning round lightning round is no
this isn't lightning round
oh this is a lightning round so so then let me let me direct you to
it's already happening it already happened
yeah it's already happened i miss that
yeah i mean it was it was my
qr was very new so
i guess i don't remember it but i i'm sure i i'm sure i shouted it out at the time
i sent the link in the in the chat i don't
know if you guys can see that
okay cool i'll grab it
we had it out it did scan so this was in march quite a while ago so more likely that you hadn't heard of qr than than that you weren't paying attention to
i seriously doubt that i hadn't heard i mean i think you were there pretty early on
yeah yeah sorry maybe not i hadn't heard of i don't mean to offend but but you know it wasn't it was very early so it's it could have easily been a flash in the pan at that point
there it is yep there you go wow cool
always a cool thing
that's right over
carlo's bakery with the you know with the fondant
nice okay
and i honestly thought this was just something you mocked on and was not real
no that might have been it we might have thought it wasn't real
no real yeah not ai
i thought you were joking
was that taken with a rock camera because i still don't believe it
we're gonna need your here here need on
chain another angle aberration i have another angle and this one scans and i think it would be hard to fake so
okay alright grabbing it but that's awesome especially during those times when you know you know that there's a large contingent in a large large crypto contingent in town as well
well yeah no jake if you tell me if you look me in the eye you gotta come off camera i am you look me in the eye and tell me
he's looking he's looking right at me
he's looking right at me but for a yes i i think you've earned trust from yeah from from enough people so as long as you tell me this is real
we believe next time i can send
someone next time i can send someone to new york to try to to to verify the
that's what we need
legitimacy of it but what i like for these physical
send her
she's in the oh adrienne
yeah i'll just tell you next time
we need adrienne in times square reporting
exactly yeah
you have to do my investigative journalism
that'll be great i i will get back on that billboard then but what i like for the physical stuff like the stunts and the you know billboards and whatnot is like i think there's a lot more value actually to like showing them in the digital world than actually the physical thing so i don't know how many people actually like sort of scan that day but to show that digitally you get like ironically you get way more eyeballs on the tweet of the billboard in times square than on the actual billboard in times square and so what i love
to do i've said
that so many times about when people we have those discussions about doing things in times square with nouns
yeah
it's like it's not just about that moment it's about yeah the recording
of the moment
like along those lines i would love to like put billboards up in like these very rural and remote locations and share those digitally like really cool looking places and like you know the mountains in the west of america or you know japan or or whatever like just like cool billboards and cool areas and and share that as it starts to sort of like meme the physical thing more but again you know mostly focused on the digital but the physical stuff would be really fun if we're able to sort of get to the point where i feel like that's justified amazing
i totally agree alright alright let's i'll do quick round of lightning round questions so yes super quick
okay what are my parameters here like just answer right away
just answer yes yeah okay first thing comes to your head
no thinking allowed you're way too thoughtful and smart for this round of questions so throw that out the first question is the question same question we ask everybody which is that on farcaster we talk a lot about the url to irl pipeline which is where you meet someone first on the internet and later become irl friends so when or how did you meet your first internet friend
i'd have to call out phil
who's phil
you know phil from farcaster
i'm that guy
yeah we we became we've become good friends first met on farcaster and have hung out with them in la a couple of times and one of the very few people who knows me as something other than than just the blue dot
alright that's amazing that's the best answer ever
what is your favorite holiday
christmas
morning person or night owl
morning person
beach or mountain
beach
what's the next country you wanna visit
italy
oh will we see you at farcon rome
probably not
oh okay
were you at farcon nyc no was your badge
yes
i saw it
if you were to write a book what would it be about
biography
like my my autobiography
autobiography autobiography yeah
concert or sporting event
sporting event
oh we lost you adrian i think you muted yourself somehow
uh-oh
uh-oh sorry
microphone is glitchy if you could bring one person to farcaster living or dead who would it be
oh that that sounds like no one it really pops to mind my brother
kylie
oh let's get him on there
what's your biggest fear right now
like
largely disappointing versus my expectations for myself
and final one kiwi skin on or off
what was it sorry i missed it
kiwi kiwi skin on or off
well i don't know what this means i think is this is this something
that i should know
yes early days early days of farcaster when there was a debate going on about whether or not you eat a kiwi
oh kiwi skin on or off
on or off
you have to understand i'm working on this project i when i hear some anything that sounds like scan that sounds a lot kiwi skin
and qr skin it does sound
sounds a lot
i have to i have to work on my enunciation
no it's okay i understand she's like you don't
fruit to fruit skin
like how many questions asked per day worldwide start with the words kiwi skin like it's a it's not something that you're like looking out for you know but in general kiwi skin on
really okay
i don't even i still don't understand
the question completely but it's like you know if i'm eating a kiwi i'd rather like eat it off of the skin than like have this you know sort of wet like round thing that i need to figure out yeah
did meanwhile didn't mac or tim create the site howtoeat.kiwi or something yeah but it's not come opening up i wonder if they
might be might they might have
they stopped paying
might have let it go yeah might have let it go
it wasn't driving enough rev to justify
i would have minted it
i know you could have crowdsourced and funded it for probably in perpetuity but
oh damn this is a big
bid bid for the qr to help drive some attention and then
you know serve
an ad on it or something
amazing this has been so fun everybody go check out qr you can check it from the mini app or go to qrcoin.fun for the website this has been so fun current auction right now is at $3.50 got a lot of different bids in here you can join one if you want see if you can make make your favorite thing get up there to the top so a lot of fun check it every day because you get to claim some qr coin every single day if you just click on the link so it's pretty amazing adrienne anything else before we wrap up jake anything else before we wrap up i should ask any other calls to action or anything else that people should know
no i'm good i i appreciate the time it's been fun as always a lot of fun yeah i love coming on here i love what you guys are doing and i've i write about it in the feed but your guys how how prolific you have been with these with this show is like pretty amazing to me as someone who's had a podcast for a long time i know it's not a trivial amount of work and just being live like with your voice and in your guys' cases your faces which i personally couldn't imagine like is just a lot so mad respect and thank you for including me
thanks so much jake
i'm sorry i missed you on your first appearance prav are we continuing any news or are we no
we are we've we've did it all we did it all we're gonna we're gonna wrap it right here
so hot off hot off the press then just linda's doing a live stream with dish and moon papi on the farcaster and probably clanker x as well so if you're watching on those streams at starting at two eastern
i was like right now
because we're on not now
we've got like twenty four hour programming now on the no farcaster clanker channel it's pretty cool
on farcaster network
so if you're watching on farcaster or clanker x hang out i she'll be back going over to lp management
oh that'll be amazing because we need some lp management information so that's great alright so go look for that in about an hour from now or about fifty minutes from now jake thank you so much for being with us today and i'm gonna just slide you back down into the into the green room thanks so much we will see you on the timeline
and we're gonna just wrap up here so thanks everybody for joining us today that was amazing thank you jake for being our lancaster spotlight today thank you clanker for sponsoring us today we appreciate it we love that we can continue on talking about clanker i forgot this overlay this was presented by clanker today and everyone we will see you on wednesday we will be back at 08:30am on wednesday we'll be on at 11:30am on friday wednesday we have on our guest annika from the product lead for the base chain is gonna be on wednesday is gonna be a big day for base so get ready and then on friday i guess we're announcing our mystery guest now because i put it in the paragraph newsletter or should we just make them go read that
i mean we have a mystery guest it's a mystery guest so you can kind of guess who it might be but go for it
you'll probably guess wrong though i should say let me qualify that with it's not jesse this time but it yeah we'll just like it's not brian armstrong this time no no we will have chintan on who is the head of engineering for the base app he will be with us on friday and we'll talk all about all the updates with the base app so we will see you on wednesday right back here thanks everyone who hung out with us this whole time all 2,637 of you we appreciate it and we will see you if you are watching us on farcaster on twitter or clanker world on twitter be sure to follow gm farcaster so you see us when we're live even when we're not on those particular channels alright everybody thanks so much we'll see you on wednesday and with that bye bye
thanks for joining us for this episode of gm farcaster and thank you to all our partners and hyper sub supporters bringing this episode to you follow the gm farcaster channel for all the latest updates and add our mini app on farcaster and the base app until next time bye bye