Space Summary
The Twitter Space Crypto Carnival with Forbes, Magic Eden & Takeover hosted by ownthedoge. Explore the vibrant discussions from the Crypto Carnival Twitter Space, featuring Forbes, Magic Eden & Takeover as they delve into topics like community ownership models, NFT collaborations, blockchain interoperability, and the future of digital assets. Gain insights into the role of social tokens like $DOG, AI in NFT creation, and the impact of Metaverse projects on digital ownership experiences. Discover the synergies between gaming, NFTs, and DeFi, and uncover the emerging opportunities for creators and collectors in the dynamic NFT ecosystem.
For more spaces, visit the NFT page.
Questions
Q: How can community ownership models impact meme ownership?
A: $DOG showcases a new approach to collectively owning and engaging with iconic memes.
Q: What collaborations can we expect between Forbes and Magic Eden in the NFT space?
A: Forbes and Magic Eden collaborations may lead to the creation of exclusive NFT content and innovative projects.
Q: Why is blockchain interoperability crucial for NFTs?
A: Interoperability allows seamless movement of assets across different blockchains, enhancing NFT utility and value.
Q: What benefits do social tokens like $DOG provide to communities?
A: Tokens like $DOG foster community engagement, loyalty, and unique ownership experiences.
Q: How does AI contribute to NFT creation and blockchain development?
A: AI technology can streamline NFT creation processes, enhance security, and improve user experiences.
Q: What role do Metaverse projects play in redefining digital ownership?
A: Metaverse projects introduce new ways for users to interact with digital assets, shaping the future of ownership experiences.
Q: What are the key trends at the intersection of gaming, NFTs, and DeFi?
A: Innovations in gaming, NFTs, and DeFi are creating synergies that drive new opportunities and user experiences.
Q: How can inclusive discussions in crypto spaces benefit the community?
A: Inclusive dialogues help educate, engage, and bring diverse perspectives to the crypto community.
Q: Why are cross-chain capabilities important for the crypto ecosystem?
A: Cross-chain compatibility enables broader asset utilization, fostering growth and innovation in the crypto space.
Q: What emerging opportunities are present for creators and collectors in the NFT ecosystem?
A: The NFT ecosystem offers new monetization avenues, ownership rights, and interactive experiences for creators and collectors.
Highlights
Time: 00:08:12
Community Ownership and $DOG Token Exploring the impact of $DOG as a community-owned token representing the iconic Doge meme.
Time: 00:15:47
Forbes-Magic Eden NFT Collaboration Insights into potential NFT collaborations between Forbes and Magic Eden for unique content offerings.
Time: 00:24:59
Blockchain Interoperability and NFT Utility Discussions on the importance of cross-chain compatibility for enhancing NFT utility and value.
Time: 00:32:18
AI in NFT Creation and Blockchain Development Exploring the role of AI technology in streamlining NFT creation processes and enhancing blockchain innovations.
Time: 00:40:03
Metaverse Projects and Digital Ownership Understanding how Metaverse projects are revolutionizing digital ownership experiences and virtual interactions.
Time: 00:48:29
Gaming, NFTs, and DeFi Innovations Exploring the synergies between gaming, NFTs, and DeFi in driving innovations within the crypto space.
Time: 00:55:17
Inclusive Dialogues in Crypto Communities The importance of inclusive discussions in crypto spaces for educating and engaging diverse audiences.
Time: 01:02:04
Cross-Chain Compatibility and Asset Movement Understanding the benefits of cross-chain capabilities for seamless asset movements and utilization.
Time: 01:10:36
Emerging Opportunities in the NFT Ecosystem Discussion on the emerging opportunities for creators and collectors within the evolving NFT landscape.
Time: 01:18:42
Trends Shaping the Future of Crypto Insights into the latest trends driving innovation and growth in the cryptocurrency and NFT sectors.
Key Takeaways
- Community ownership models like $DOG can revolutionize traditional meme ownership.
- Exploring the potential of NFT collaborations between Forbes and Magic Eden for unique content.
- Discussions on the evolving landscape of blockchain interoperability and its impact on NFT utility.
- Insights into the role of social tokens like $DOG in fostering community engagement and loyalty.
- The significance of cross-chain compatibility for the broader adoption of NFTs and digital assets.
- Understanding the intersection of gaming, NFTs, and DeFi in driving innovation within the crypto space.
- Importance of inclusive discussions on diverse crypto topics to educate and engage the community.
- Exploring the role of Metaverse projects in shaping the future of virtual experiences and digital ownership.
- Insights into the potential of utilizing AI in enhancing NFT creation and blockchain technologies.
- Discussions on the latest trends in the NFT ecosystem and emerging opportunities for creators and collectors.
Behind the Mic
Testing the Connection
Is this testing? Testing. Is this working? Yes, indeed it is, my friend. And we can hear you aloud and clear. How's it going, Zach? Is this, like, a level up? Have I. Have I had a glow up? Is there, like, sound quality good or is it bad? It's actually crispy. It's actually af. My friend. Yeah, you're coming through loud and clear. I know you're trying desktop for the first time, right? I swear, I. When we started doing the spaces again a few weeks ago, I thought it still wasn't compatible with desktop. I swear I remember going into a spaces and it not working, but maybe I was mistaken because someone in the space said, oh, desktop's not bad. I was like, wait, that's the thing. So, yeah, I'm going to try it on this account and we'll see. But, yeah, excited to not need to have my phone drilled into my face when I'm sitting at the computer. It'd be a nice change.
Experiencing the Desktop Upgrade
Yeah, it certainly is a pretty nice upgrade. I'm not exactly sure when the. When the actual thing started being, you know, a viable option, but. This might be a thing. Yeah. Okay. Yeah. I'm gonna have to still mute, though, which isn't great. That's what. So what I get for being a gamer and having this ridiculous gaming keyboard that looks really cool. It sounds nice if I'm not talking. Well, I guess it may also be down to, you know, how much. How much noise cancellation there is on the microphone that could be a part of. So it's not even the keys, at least from my troubleshooting before, it's the desk. So if I put, like, a pillow under my speaker, it makes a big difference. Oh, also, Tracy, shout out to you. I've seen you in a bunch of spaces today. You rock. I appreciate you hanging out.
Shout Out to Tracy
I think there's been some good conversations so far today, and I've seen you in the audience shout out to you, squadron. Yeah, Tracy is a real one. Tracy is absolutely a real one. One of the key squadron members, like you just mentioned. Love having her on every single show. Always one of the faces that I'm really excited to see in the crowd. Anyone from the squadron, really, but, yeah, just, I guess a bit of an additional note there regarding the desktop experience, I'm not 100% sure that it's a, like, fully working as it should be. I know you. I believe you can't actually host a space if you have a delegate account. Right. You can post your own stuff when you go ahead and make the link and everything, but if you have just delegate access, I think it still blocking. I'm not 100% sure, though.
Understanding Compatibility Issues
It's been a couple of weeks since I checked, so that may have gotten sorted. That that would make sense then, because I. Because I remember, I think I had. I was logged into slingshot on the computer, and it wasn't working. And that would exactly make sense. Why? Because it's not compatible. Whatever. Oh, good to note. Could be. It could be. But overall, like, every. Every space that I joined from PC is actually, for the most part, doing pretty. All right. Not gonna lie. So the experience hasn't been too bad. I've only, like, checked it out again, like, a couple of weeks ago. So I haven't, like, done too many spaces with it. But for the most part, like I'm saying, it's. It's been pretty all right. I mean, it does come with its fair share of bugs, but it's x.
The Ongoing Bug Issues
Everything comes with its fair share of bugs. When we're talking about spaces, which is wild. Which is wild, it's still a thing, right? That's horrendous. Like, one of the biggest platforms on earth. And, yeah, it's still very much a struggle quite often, but. Okay. Okay. I think the vibes are good. We got Blake back on the stage. Shout out p nations as well. Another squadron member joining here. Blake, my friend. How are you doing? How's your Thursday so far? Oh, my gosh. Speaking of bugs. That's so funny. When I heard the pause, I was like, no way. Oh, it looks like he has connection issues. And maybe just down to that. Maybe just down to network problems. See the request again. Let me try to pull you back up on stage, my friend. Can you hear us? Are we coming through?
Connection Difficulties
Oh, now he's. What the heck is happening, Blake? I was trying on mobile. I guess it's wanting to work on mobile. This is a big. On PC. The only difference is that on mobile, you can actually, like, switch the colors of certain things with delegate access. You were talking about hosting a space, right? Not correct. Yes. Okay. I haven't tried to host a count yet, but, yeah, doing well. A little spicy in this room. I might have to turn a fan on, though, but, yeah, doing great. Just starting to sprinkle here. Have a good day. Thanks. This is a big moment for me off of. I feel like your voice is, like, this hotly anticipated thing from the last spaces, were teased the opportunity to hear your voice so much through the last spaces.
The Anticipated Voice
There's such a sigh of relief. I'm happy. What a good start that is. I know last time it wouldn't even let me connect on my phone either, and so it was just a rug all around, wanting to die. Glad to actually have it working this week. Heck, yeah. We love it. Absolutely, my friend. Absolutely. Well, we are missing a couple of faces that we're supposed to be seeing on stage. Hopefully, X isn't running them too badly. I'll go ahead and give a little bit of a bump to make sure I get everyone in. And hopefully, like we said, hopefully Elon won't be rugging too hard this time around, but we do have a speaker which we can actually hear this time around, so I think that's a plus, probably.
Preparing for the Stage
And it's the great Blake that's a plus. We love it. It is. It is indeed, if memory serves me. You're right. And please forget me if my brain is a little bit too fried. It's just been a whole lot of work lately. I believe that I tried my best to give a little bit of an intro of Lok last time as well, because we couldn't hear you. I hope. I hope I didn't do a bad job. I really tried my best. It was kind of on the spot, so I hope I did you guys justice. But this time around, you can actually give a. A proper intro of the project. So I'm very much looking forward to hearing that and having the audience hear it as well.
Introducing the Project
So, Blake, my friend, please take it away. Tell the good folks a little bit about who you guys are and what you do. Yeah, I thought you did well. It was honestly rugging me part of the time when you were doing that, so I came back in a little late, but, yeah, I am a community team member, one of the community managers for League of kingdoms. We've been around for about four years now. A little over four years, we've developed a rts game that has done exceptionally well. We have a lot of active community members, and we have a, I'll say, bi monthly, every two months, not twice a month event where we have eight different continents with multiple alliances on each continent.
Gameplay and Community Engagement
So hundreds of people from each continent, all fighting and kind of a free for all style battle where they compete for 90,000 loca, which is our governance token and rewards. It's about. I think we're at about $18,000, roughly in the prize pool is what it's currently valued at. And so that's every. We just are about to finish up the minor and rookie leagues, which I do have a giveaway going on the main Twitter right now for some packs and stuff in game. They're NFT, so you could sell them if you don't play, but it's just for guessing who might win. And so, yeah, last time we didn't have anybody guess all three, but they did guess two of the winners.
Upcoming Events and Giveaways
So I went ahead and gave them the $100 packs we have. Well, I might share a little bit of a leak. We have our new game, our rpg, Lok Chronicle. It is a. We redeveloped a the game that the team nod games had started out with, crypto, sword and magic. It was a long time ago, about five or six years ago on Cosmos, and they brought it in and changed some of it around, edit our ip, revamped it where it's more Lok focused and fits with the universe. And we're going to be launching that next, near the end of next month, I believe, and so that'll be wonderful. Yeah, looking forward to it. It's been great. Thanks for having me.
The Launch of Lok Chronicle
Absolutely. Oh, it looks like I am coming through a little bit through the speaker. I guess that's another really big advantage of desktop spaces. You can have like full on headphones and not have to worry about sound leaking. So that's another good part for that. But just really quick, Blake, first off, thanks for dropping some alpha. Always really appreciative when guests trust us enough to give a little bit of some juice there. So really thanks for that. And just a quick question. Can, can, like, people here from the space, maybe participate in that giveaway that's happening right now? Well, of course, yeah. So it's just on. Let me shoot between mobile and desktop.
Participating in Giveaways
It's kind of ridiculous. All right, let me hop in on PC and then. Oh, it's making me request over there too. All right. Alright, so it's on our main league kingdoms account. It is just like I had mentioned, it's just guessing the winners and anyone can participate. You don't have to be a community member, but you might have a little bit more of an insight if you were. So. Yeah, just do. If you guess, it'd be like guessing c 50, you know, continent 50 for rookie one, c 41 for rookie two, and then a minor league, maybe c three. So I get very. Oh, I'm sorry. I tapped the mute button.
Housekeeping Information
Please. You're all right, but we're near the end of the contest right now, so it might not be completely fair if you were to guess and so I tend to not take comments from, like, the last three, four days of it because that's when the ancient temples unlocked, and that's pretty much the end of the battle. So there's just a few more, like, housekeeping things at the end of that when the temple closes, and there's a few other small things. But yeah, anybody can join. We'll actually be having a lot more giveaways coming up this next week once I get some of my questions and trivia and stuff. Approved by the team. Gotcha. Okay.
End of the Transcript
Oh, actually, now I do have to because the sound is. I muted myself at the same time that you were doing it.
Community Engagement
That was honestly great timing. That's pretty epic, not gonna lie. We'll definitely feel free to pin that giveaway at the top of this chase for anyone who wants to get involved. Zach, my friend, I'm always looking forward to the revised version of the shark tankish angle. Do we have another version, or are we taking a little bit of a different angle when explaining what slingshot Dow is? I had a good one in the last space that I did. Tracy, maybe you would have heard it. I believe you were in there. It was the same thing, more or less, but it was way smoother. But I don't have the mental capacity. I wish I could tell you about the past few days have been absolutely chocka blocks full of travel and stuff. So it's not going to be. It's not going to be as streamlined as maybe. I would love it to be, but I could try another route. Let me think.
Zack's Introduction
The maybe. Yeah, you could go. Yeah. I mean, yeah, that works. Okay. So slingshot dow. I'm Zack, meta spokesperson and talking head, trying my best to represent the Dao and the mission of the DAO in the best way possible in Twitter spaces. And that's what I'm doing here amongst you very lovely individuals. For those of you that don't know, I assume there's not many of you that don't know. But for those of you that don't know what slingshot Dow is, well, the Dao's movement is simple. We want to, or the Dow wants to democratize game development. So we've all probably heard of Shark Tank. Let's throw that out of the window. Throw it into the river. Have you guys heard of Kickstarter? Kickstarter is another good example. This isn't necessarily the most creative example, but this works as well. Kickstarter.
Game Development Comparison
I'm a big board game guy. There's lots of really cool board games that seek funding on Kickstarter. Let's pretend on the other side of you dobbing in for your favorite Kickstarter game to be developed. They got to reach their goal for that game to be developed, and then depending on how much you put towards that, you then receive the goodies of said board game. In my example, because I'm a big board game geek. Let's say, let's add a layer to that. Let's say instead there's only five board games you can choose from, right? You vote on the best board game that you like. Not only do you get that board game, you own that board game. Not own a physical copy, you have ownership in that board game.
Community Interaction
And you get to see that board game develop in the way that you and the community members want to see that board game develop. So that's maybe another angle that I can work on a little further because I'm a big board game guy and I think the kickstarter thing, something that you could go, but you put me on the spot. I had to do a new one. I think a lot of you guys know what slingshot Dow is, but, yeah, democratize game development. Do it in a way that promotes ownership for everybody who doesn't want to be an owner and who doesn't want to play games. It's a match made in heaven. It absolutely is. And that is one heck of a fresh take right there.
Introduction of Forgotten Playlands
I absolutely love that. Yeah, Kickstarter would be a pretty good comparison for some of the aspects there. I really love that one. We have another speaker up on the stage. Forgotten playlands. Is that Mikkel behind the mic? Oh my God, I almost forgot to come. I can't read UTC time zones, so I get confused. Wait, I'm bad at math too, so. Yeah, but yeah. Nice, nice to be here. Lovely to have you, my friend. How's it going? How's your day so far? Anything special that you've been doing this Thursday? Oh, yeah, just like fairly recently, we've been working on scaling out a couple new channels in advance of our bigger launch coming up in November.
Engagement in Scaling
So doing lots of TikTok things and YouTube things and talking to lots of web two content creators over the last week or so. Yeah. Just trying to like, get outside of the echo chamber here on Twitter a little bit. But of course, still always love Twitter slash. Fair enough, fair enough. Important to, you know, spread your wings a little bit, dip your toes into some other avenues, especially if, you know, you have such an important catalyst that's coming up. You definitely want to make sure that you're tapping into as many channels as possible. So fully understand and respect that, my friend. Can you please take a. Take a moment to just give a little bit of an intro of who you guys are and what you do as well.
Mikael's Background
Yeah, for sure. So I'm Mikael. I've been working in web three gaming for about three years now. Probably the last six or seven months of those have been with forgotten play land doing marketing things. We are a free to play social party game, very similar to like Mario Party if you. You like those kind of sit on your couch, competitive with your friends. Gameplay, multiplayer modes were definitely a game you should check out. We have ten party games live right now, another ten or so coming along with our epic launch, which is later quarter four. But we do have a couple things coming later this month.
Upcoming Developments
I can't. I'll probably get in trouble if I say anything because were just. We just decided this morning, so there's nothing out on it, but there will be some fun stuff to. New stuff to check out in the attic around the end of this month too. So lots going on and excited to be here for another great conversation. That's certainly piquing my curiosity. I can't promise fully not to try to dig a little bit, but you tell me if I'm overstepping at any point. Awesome, awesome. Now that the crowd is actually familiar with who the speakers are, and by the way, shout out ransom, another squadron member that I see there in the crowd, let's actually get into the topic.
Community Mobilization Discussion
So obviously enough, the title pretty much says what we're going to be discussing. It's mobilizing your community, and that can obviously happen in a variety of ways. And to a certain extent, it also kind of depends on the type of project that the community is gathering around. But I want to start off on a little bit of a personal note. And cal, I'm going to start with you. What would you say has been the best thing that your community has done for you guys so far? Oh, geez. That's a good question. Like, we're big believers in being super present with the community, like open lines of communication.
Value of Community Support
We like to talk about where we're at. I would say the biggest thing that I really appreciate our community for is having that understanding and awareness and patience of how long it takes to actually develop a game. So we've only been building for about a year. We have quite a lot released already, quite a lot more coming later this year. But we haven't, you know, I know a lot of communities fud and, like, you know, when's the next version? When's the next drop? And we just haven't had that. We've had everybody just, like, excited about everything we've dropped so far. I think part of that, too, is because we have been, you know, pretty timely with updates and putting everything out.
Positive Community Dynamics
We try not to get behind, but it makes a big difference because when you start getting pressure from the community to drop things, I know I've. I've been on teams, right, that have probably dropped things too early because they cave to that pressure of wanting to keep their community happy. But maybe it's not the best decision for the project at that time. So very grateful that we have a community that's just like ride or die and with us all the time. Beautiful, beautiful stuff. Blake, what about you guys at Lok? I would just have to say, like, along with a lot of those points because a lot of the cult mentality in web three is just amazing.
Resourceful Community Members
Everyone who aligns with the game and loves the game types tend to be die hard community members. Once everything gets going, once you've made kind of the name for yourself and you're established, I think one of the best things that I would say our community has done with us has been just the resourcefulness, honestly, that's available out here. They've developed a lot of discord bots and different things that enable our community to get access to different information from in the game, like within continent eleven. I'm over there. So we have our staking and all those things, and we have trackers for all the staking, title transfers, land trackers, a lot of drago information, just a lot of information for different assets and different.
Efforts from the Community
Just a lot of. There's a lot of variety there, and there's a lot of maybe not so good stuff that they do as well. But I think it's all been great, and I think it shows just the amount of effort that people are willing to put in to their community when they enjoy what they're doing. Fair enough. And the bad there together. Right. But that's actually really amazing that the community has built out a lot of resources for you guys. That's really cool, cool stuff. Zach, what would you say has been the, the best thing that the slingshot community has done for Slingshot? Well, first, I want to highlight something that Blake said at the start, which I think we need to pin.
The Impact of Community
Cults are good. Let's take it out of context. Let's post that everywhere. Just kidding. But that didn't stand out initially when you said it. yes. I mean, I'm gonna. I'm gonna piggyback exactly off of that. I think that the. The cult like behavior, that, the positives of cult like behavior that comes from. From people kind of finding their tribe within web three is always going to be for me, you know, when you see it, people championing the brand for slingshot, it would be the squadron. It's always really cool to see when they show up to the spaces, when they show up to the events.
Community Recognition
I think they're seeing that championing the brand while it's still growing is always the most beautiful thing. I mean, you could dive way more into what the community does for the Dow, because the community is the Dow, do you know what I mean? But we can get into that as time goes on. But, yeah, I'll keep it short. Sweet. The best thing is the squadron and the. The love that they show, and they. They show up, and that's. It means everything. Jokes aside, it does. It does mean a lot. No, it 100% does.
Mobilizing the Community
Because, like, that. That is, I think, one of the perfect examples of mobilizing your community. Right. Because if you identify the right people and if you find the right kinds of incentives for them as well, they can do absolute wonders. Like, you know, the squadron has a variety of responsibilities, and, you know, based on who likes or doesn't like to do certain things, they kind of, like, default into one of those, I guess, sectors. We could say whether it's onboarding new members or, you know, it's server moderation, content creation, event assistance.
Active Participation
Like, it's. It's really been a amazing to just see all these community members get activated and just involved with different parts of the actual project, primarily on discord when it comes to a lot of things that were said, but definitely helping spread the word on x and stuff like that as well. It's really been absolutely just beautiful to look at, but let's actually head to the next question. So if we kind of. If we kind of zoom out a little bit, right. And we think about community building in general and not in the, you know, like we're building a city then in a community within it type of thing, right.
Transformation of Community Building
But communities built around specific things or specific people or specific products or whatever it is. Right. The Internet as a whole certainly helped push that into, you know, a whole other dimension. Right. It elevated what that means and how it can be done, and that then again, leveled up through social media. And, you know, it keeps leveling up in different ways. But if we take a look at that initial difference that was made with what the Internet enabled basically in that field, I'm curious what each of you has to say about which element you think was the most significant in making that difference.
Discussion on Community Elements
Blake, why don't we start with you? I personally, I would just say the ad hoc nature kind of the, and to kind of use a fringe example here, but Alex Jones, for instance, he's been on, like, under the fire from everyone that exists right in the mainstream, but he's been able to maintain his community, his support and everything since pre 2000, 2001, just from sheer word of mouth, whether it was through radio talk shows or over the Internet. And I think that in and of itself is just a huge testament. I mean, we have a lot of other things, like torrenting sites and everything like that, but I think it's just kind of innate.
Examples of Community Building
Whenever you allow, like a seamless. With, well, without an intermediary, mostly communication or just the transfer of information between people, you know, I think that's really great, honestly. Absolutely. And that's one fantastic example. Mikael, what about your example? What would you choose here? I don't. I'm a little, I miss most of Blake's answer because he was so quiet for me and I'm just a little uncle clear on the exact question. Can you just maybe restate it a little bit? No problem. So the Internet leveled up community building, right?
Significant Elements in Community Growth
Yeah. Which element of what went into that leveling up, would you say is the most significant one? God, I'm still just not, like, super. Can you give an example? I'm just not really sure exactly what you're asking. I was hoping I'd pick up some context clues from Blake, but his might was, like, so quiet, I was, like, straining to hear. No worries, no worries. You're all good. So I'm going to try to give, I'm not quite sure if this will be a super good example. But for example, before the Internet, if you wanted to make community, you probably had to call people on the phone or try to catch them somewhere live and try to talk to them and be like, hey, do you like this thing?
Impact of the Internet on Communities
Do you want to start a club or something? The Internet, obviously, you know, helped that whole thing move. Yeah, yeah. Well, I would just say, like, that maybe the biggest, like, catalyst and, like, the reason these communities are able to grow and thrive is because it's easy to get lots of people online where the communities are built, and there's lots of different communities slash products and projects that hopefully have communities of their own for people to engage with.
Building Community in Real Life
So I think part of the difficulty is, like, when you're trying to build a community IRL, you have to get everybody aligned on the same schedule. You have to align on where you can meet, where makes sense, right? Like the logistical nightmare of trying to align people's times and schedules, people, places and things is just very difficult. Right? And with the advent of these Internet communities, you can build that community. It can be asynchronous, but they will still have other things to do, other communities to engage with. So it's just easier to keep people engaged as a whole online. It's like each different community supports all the other communities that are like tangential to it in the same network. So it's not quite such a heavy lift as trying to build an IRL community, I would say.
Asynchronicity in Online Communities
I love that. The fact that it allows for asynchronicity certainly is a huge, huge one. Zach, I know that your hand was up in the air, so I guess you wanted to chime in. Also, please feel free to give the answer as well. I wanted to steal the thunder because I had a good hunch that you were going to nail that, and you did, and you took it from me because I was going to say, I wasn't even going to use as big a word, asynchronicity. I was just going to say, oh, everyone can get be a part of a community regardless of the time zone. So kudos to you for the language used there as well. But yeah, I'll dive into a different part of it now, I think now with Internet communities as opposed to in person communities, and you probably get into the negatives too, because there are negatives. But the one that I'll get into is you can find your tribe, no matter how niche and strange you might feel.
Finding Your Niche Community
I mentioned the board game thing that I'm massively into. I love playing games, but maybe even above that, for me as a 32 year old man, is board games. And that might be a little weird if I'm approaching people on the street and saying, would you like to come to my place and play board games with me? I've got these lovely little miniature figures and we rolled ice and it's really fun. I might come across a little strange, but now through Facebook and communities on Facebook, I can find a group of people that are now some of my best mates, and we play board games weekly. So I think regardless of how strange you might feel about something that you're into, but maybe your mates and your close proximity aren't into, you can find that niche, you can find that community. You can feel like you belong with the Internet.
Dual Nature of Online Communities
That goes both ways. It also, like, makes. Alex Jones was mentioned not to make it political. It can also make, like, some thoughts that you have about something feel normal, which may be in some cases they're not. That's not, that's. I'm not like, you know, specifically pointing at anything or you know, marginalizing any sort of group there. Left, right, whatever. But, you know, it's a double edged sword, but it's massively positive that you can find your community and you can feel at home in a place where. Maybe you felt alone before 100% either. You know, whichever you kind of, whichever way you kind of look at it eliminates friction. Right, on multiple levels. And that's really what's the biggest beauty of it also shout out, Hallub Hayor. I hope I'm saying that name right. I don't know if the pronunciation is on track, but that is one of the OG squadron members as well, one of the best content writers actually there as well.
Challenges of Online Communities
He's been taking some massive w's in the contests for UGC that we've been having. All righty. All righty. Let's try to move a little bit past the Internet. Let's try to move into the now, and let's actually try to also make a little bit of a comparison. So communities are obviously big. Whoever you are, whatever you're doing, if you have a community behind you, it obviously allows for a whole lot of pretty awesome stuff to happen. However, if we also kind of make a little bit of a comparison, I think for the most part, it becomes pretty apparent that web three communities can actually make a bigger impact than web two communities. The whole space is smaller yet noisier. Having a massive community behind you can really, actually help you cut through all of that, right? So arguably, they're. They're able to do more for a web three project than they would have been able to for a web two project.
Monetary Incentives in Web Communities
Obviously, it's not going to be true 100% of the time, but generally speaking, that probably does fit. However, however, a lot of the web three space, just due to, I guess, the reputation that it got, you can get rich quick. Everyone's here for the bag. Screw to tech. We're here to make money. 1000 altcoin flips overnight, et cetera a lot of the web three space is driven by greed. A lot of the times, many projects have a lot of difficulties identifying ways to actually motivate their communities without cash being involved. Not cash. It doesn't matter if it's stable coins or native tokens or whatever. I'm very curious to hear what are some of the best non monetary incentives that everyone here has come across.
Navigating Community Motivations
Zach, I do see your hand up in the air, my friend. Did you want to comment on the question or give answer or something else? I was going to jump in on answer because I heard the first ask for the question and I was like, I'm going to nail this. And then you kept the question going and I was like, I'm going to try to nail this, but I'm already speaking. I'll go. So it is ways to incent it. You know, web three, while a beautiful place and a community filled place, sadly, a lot of the motivation here within the groups here is greed based. What are the ways to combat that essentially? Right. Just, just so on the same page or what is the best way to incentivize people without cash? Yeah, that's, look, that's a, that's a really tough one.
Fun and Engagement Beyond Greed
I, I mean, I'm just going to go straight to the slingshot Dow answer, and then I'm very curious to hear the other answers. in, if you're an owner, you want to share your stuff because you're incentivized to see that stuff do well as a gamer and a person who could potentially own the games I play, I want people to play the games because that's good for me. I've got more people to play with. And there's not just because that's a gameplay perspective, right. I'm not necessarily promising money there. I'm playing games that I enjoy with my friends. So if it's grounded in something that's fun outside of greed, which is playing games, and I own the games and my friends can own the games too, I think you can kind of have that bushfire effect that just, it becomes, you know, really like the growth can be exponential because it benefits everybody.
The Extractive Nature of Greed
Because a lot of the times it can become extractive. Get into this meme token you're selling to, you know, then you're selling to the person who's getting in later than you, and then someone's going to get wrecked there. But if we're all just playing games that we enjoy together, I think that's a way that you can incentivize outside of that. Hopefully that. Hopefully that's a decent answer. But I'm very curious to hear the other answers because it's a tough question and I wish I didn't raise my hand so I could feed off the answers I heard a little bit, but. That'S why I think you started with a pretty dang good example, if you ask me, my friend. Very, very curious to hear what the other speakers have to say.
The Role of Community in Projects
Mikel, what's your take here? What are the best non monetary incentives that you've come across? Got it so hard. I know, like, in 21, when I first came into the space, it was like, you didn't even have to say monetary incentives, but, like, the speculation was, like, so big on every minute. It was, it was just easy to motivate everyone because it was like, the odds were so good that you know, one of them, you were going to actually hit on. And now we don't have that speculation. So those kind of same levers that might not have been monetary at the time just don't tend to work as well today. but I would say, you know, like, for our most loyal community members, like, activating them, I think they're activated through feeling engaged and close to the team.
Engagement Through Connection
I think they, like getting, like, alpha drops on game nights inside of our discord chats and things like that. You know, we're in talks for a couple things that aren't totally, like, financially motivated. There's a, I guess I would say a translation layer between it. You know, I think that's what it is. A lot of people are experimenting with it. Zach has it. Right, right. Like, gaming is an excellent use case for crypto and tokenomics, but the game absolutely has to be fun and addictive and something that it costs you more emotionally to take your assets and your. Your winnings and leave the ecosystem, then that money would be, you know, in your pocket.
Sustaining Community Engagement
So that's, I think, where when we first see, the first really good example of that, I think, is when we see Web three gaming take off and people start believing, it's like, it's not just the first game that's going to take off. People will have that belief, and so people will trick into, trickle into other games trying to find, like, what's the next one going to be? We kind of believe in this model now. And until we have that, you know, it takes a lot of money. You can dump a bunch of tokens and get a bunch of activity, but the games aren't quite there. That once that money gets dropped to people who come try out the games, they're not, you know, they're just not there.
Loyalty and Trust in Gaming
They're not going to stay. And people don't believe that if it just feels like everything rugs over time. Right? Like, there's no. It's like you're holding to zero if you decide to hold. So I think when people, like, can feel safe to speculate a little bit again, you know, those even non monetary rewards will feel a little more enriched. That love that, love that. I mean, you know, creating experiences for the community, you know, bonding with them, giving them little, you know, alphas, you know, in events or stuff like that.
Building Real Community Connections
Yeah, those are all absolutely phenomenal examples, because when you get someone emotionally invested, that's like. That's the mark of, like, real community. Right. You get those actual ride or die community members, right. And that's. That. That's also so difficult to do in. In a space that's. That's generally, like, driven by a lot of vanity and, you know, but it's funny, a good friend of mine told me at one point that today, according to some study, I can't really tell you what study it is, but you know how we all kind of talked here and there and heard about, oh, yeah.
Attention in the Digital Age
You know, like, we've almost got, you know, the attention span of a goldfish. Well, now, today, apparently, it's even less than that. And in web three, where everything goes, people just instantly forget if you don't get them engaged. And it's such a challenging task. And when it. It actually works, when you actually manage to make that connection. Man, man, oh, man, can that do some amazing things. Blake, what about yourself, my friend? What would you give as an example of a particularly good non monetary incentive?
Creative Community Support
Yeah, I think both of our other speakers, Zach and Michael, I think they both hit on some really good points. I think some of the other ways that you could, because we do have a lot of speculation that has now left the market, thankfully, because we don't have. Well, anyway, that's a side note. We all know what we're living. I think it would have to be giving our community members, like, a platform that they wouldn't normally have or an audience that they wouldn't necessarily have. I'm trying to get my phone at the right distance because it keeps showing, my mic cutting in and out.
Incentivizing Creativity
But I would have to say something along those lines, because you have a lot of content creators or just content in general that's being made in this space that isn't. And a lot of content creators aren't necessarily consistent, myself included. And it's hard to incentivize that properly without. Without having a community to back it, you know, because everyone wants to have those metrics and they want to hit those benchmarks and stuff. And I think that having the ability to get your content or just in general have your twitter account or YouTube promoted in such a fashion is a really good incentive as well.
Community Bonds and Engagement
I think from a base community perspective, I would definitely agree with having an emotional attachment or just having bonds within the community itself. Whenever I first started out in League of Kingdoms, I started on continent four and our community on within there. We had our discord and stuff and were all just hopping game together to see which ones we liked. They weren't necessarily all eth. They were. There was a bunch on wax and a few other shit chains that might still be doing all right. I don't know. I haven't checked in on them.
Reflections on Community Dynamics
They just aren't as popular as they once were. But I think that's a really big aspect of it as well. 100%. 100%. All right. Now, I asked at the very start what the best thing that your community has done for you was. Right. But now I kind of want to zoom out again and just take a look at the entire space. So not necessarily something that you've seen within your own communities. If it is, that's perfect. Please share.
Highlighting Community Support
But it does not necessarily have to be. Just generally speaking, what's the coolest way that you guys have seen a community support their project, no matter what kind of community or project that it was? And why did it stand out to you? Blake, you want to start? Oh, well, I think I could go with one of the more obvious ones. So I think both of these examples would follow along the same tangent. They're both cult like communities.
Communities with a Cult Following
They have a die hard following even after everything that both communities have been through. It'd be like milady's and bored ape yacht club, because while those holders have had a financial incentive, if you held a vermilio and a milady, you'd like, have earned a bitcoin or something over the last year. And then we all know how the apes and all their mints went. It was insane as well. But I would say between them and pudgies, honestly, it's really just the way that they've been able to cultivate such a die hard just following to where, like we see with the pudgies, for instance, they're hitting, what is it, 100 million impressions on Instagram month over month right now.
Engagement Beyond Financial Incentives
Like the. I don't think that's all just their web three community, you know, I think it's branching out like we've seen with Jonah Blake. He's doing a lot of TikTok as well, where he's having a lot of animators make content for his community on there to where they can get kind of their word out about who they are and what they're doing. And I think it's just using that more of a decentralized, like an ad hoc approach to it, to where the community is everybody, and it takes everyone. To build it up, you know, 100%.
Cultivating A Global Community
I do love the examples that you gave, you know, like, I guess with bored apes and pudgies, it's maybe a little bit more apparent. I guess these two have, like, super duper resonated with lots and lots of folks across the world, and it's become a lot more than web three for the two of them, specifically, a ton of other projects that we can use examples for that. But I think these are probably the two most prominent ones that the most people are familiar with.
Identifying Community Factors
Just curious, what do you think resonated with people so much with these two projects in particular that took them to such heights? What do you think was the differentiating factor there? I think it was a lot of not being afraid to go into web two. Gung ho, just balls in, you know, balls to the wall and just hitting it full on, you know, because with the pudgies, we saw them initially, Luca, after taking over, had taken them to Walmart and got them on everybody's radar.
Strategies for Market Presence
And then along with that, I think even still at that time, or maybe even beforehand, they were just pounding it out with a lot of gifs and a lot of animation and just trying to get the word out about who they are and show that. I mean, they're cute, friendly, and it's just the entertainment. I mean, we all use the gifs on Twitter or discord or where have you, and I think that's a really big part of it, is just transcending that barrier that we've all made in our own mind.
Final Thoughts
Fair enough. Fair enough. Zach, I saw your hand up in the air for a moment, but then you let it down. I'm guessing that Blake touched on what you wanted to say. The gifs. The gifs. The gifs, however, you know, pronounce it, I use them endlessly. They are so cute. I've got, I was lucky enough to snag a little pudgy. and he's still my background, and he will remain my background even though I own half of him now because I used Blur's horrible extractive system to give away half of my pudgy. But, yeah, pudgies are adorable.
Community Engagement and Success
Awesome. This really is. Mikael, you wanted to chime in on this one as well. Yeah. Just particularly on, like, why I think apes and penguins were so successful. Like, first of all, they achieved just being cool generally, right? Like, they had the riz, and that makes everybody kind of want to fomo in. But I think, like, particularly on, like, the IP rights, right. They did a really good job of communicating to their communities that they did have full IP rights with their assets and helped support them in scaling whatever little businesses or side pursuits that they wanted to. Because that's. I think one thing that most people hear on social media, especially on X, have in common is that we all kind of have audiences and want to grow those audiences. Like, we want to be that story of, like, the bored ape that, you know, they minted. And now these people are big influencers. Like, that's the stepping stone, right? So if. If you can help support the growth of your community and find different levers and ways to do that, like, you have fans for life, they are going to just eat that up. So when it becomes more of, like, a holistic journey with the community instead of just the project floor price pumping, like, we are trying to help you find success on whatever path you're on in life and in the space, I think that's really kind of the secret recipe for success that they had.
Examples of Community Support
Absolutely love the take. Absolutely love to take. I do want to bring it back to the question and hear your answer here. Michele, though. So what would you know, point out as a particularly interesting, cool, big example of a community supporting their project? And why that one specifically? What. What makes you say that one? Oh, man. I could think of some cult meme coins, you know, but probably don't want to go there. You know, there's a, you know, mog retardio, some of those, I say maybe even, let's say, memeland. And because I think, like, you can look into more from, like, a technical perspective of how they did it, right. They built a tool that enabled them to track and reward and monetize their users for the sharing of really good ugc. And I think a lot of people have talked about different ways to do that in the space and questing platforms that are currently like the current meta. Right. It's just, it's a lot of bots. There's too many ways. So they built a product that actually like tracks new content that's coming out and retweets and you get boosters for being under bigger influencers. They built a really good pyramid scheme, I guess essentially is what I'm trying to say. And it kind of works. They automated it in house. So, you know, like for me, if I'm a holder and I know, like I'm going to post funny memes, I'm probably going to get retweeted from this Pacman Pacmun account and then I'm also going to make some money.
Learning from Experiences
Like yeah, that's a worthy investment in my time. I think all of us in the space are trying to find, it's like you sit here spinning your wheels a lot. Like, you know, there's opportunity all around you, but you know, a lot of it's like falsely promised Doctor T. Like we're trying to find things that will have be meaningful to us instead of just being involved in like the next scam or the next pump and dump or whatever. So getting shout out like people feeling like they're growing on that path and growing as a personality online because they're promoting the projects. I think that's really powerful. It certainly is. It certainly is. Excellent take, excellent take. Zack. What's an example that you would like to bring up here? It's a tough one. A lot of the good ones that I like are gone. I'm going to point out, I want to point out two things. One's really broad, but I think you find like ecosystem diehards that are kind of admirable. Like there's the XR, you know, not necessarily that this is, I think, I don't agree, but like there's an XRP fan base, even though to a lot of us that seems non existent.
Tribalism in Crypto
There's a Cardano fan base that are like insanely loyal. Like, I think within crypto there's tribes that will die on that hill. Richard Hart has an ecosystem that I escaped. I was on board with that. If you guys are familiar with hex and bloody pulse chain and all that. Jaz. Yeah. So I think crypto in general, I think encourages tribalism and I think to a fault. Oftentimes us as participants kind of fall into these hats and will hold, you know, you never lose if you never sell. So I think that's kind of something that's admirable. But I think as we mature in the space, we need to find conviction in the correct places in a more analytical way. But. Yeah, I don't know if I've got one specific example, but I just wanted to comment on that type of person being in crypto and that quality being admirable, if not sometimes misplaced. That is completely fair. I mean, a lot of people, it's. It's very difficult because, you know, I guess unless you're a literal psychopath, you're probably a somewhat emotional being, right.
Managing Emotions in Crypto
It's all part of human nature and. And being able to sort of, you know, make. Make actual judgment calls and keep a cool head is not really something that everyone's, I guess, first off, built for. And secondly, aware of the fact that they can actually practice it. If you put certain systems in place, you can actually keep yourself in check. And a lot of people don't really go there, especially if they're new to the space and no one was there to show them ropes, etcetera. Be a rather difficult task for a lot of folks. Alrighty. Alrighty. I think we're good to slowly but surely start wrapping things up here before we do. Oh, Zack, go ahead, please. I've got a question. I am curious. I admitted something that I'm. I admitted something that I'm very ashamed to admit that I believed in Richard Heart at one point and I put money where my mouth was and it was misplaced and I got out and I lost money for the other panelists, which is an investment or a hill that you had tremendous conviction on.
Regretful Investments
And in hindsight you want to go back and slap yourself in the face. What's a project that you championed that you regret championing and that maybe because it rugged or, you know, you pick your poison of why it didn't work out. But I'm kind of curious to hear if that's okay, if I can ask that. I think that's a quick. A quick one that I think is always worth a good laugh. Plus, I embarrassed myself, so it's only fair. I'm just gonna say that I own 64 super yetis and that's all I have to say. Let's go. Honestly. Fair, completely fair play. What about you? My friend will definitely have to be like. And I don't think that they're straight up a rug. I just think that the founders incentives or I guess values maybe changed over time and he kind of shifted, but mine would have happened to be cyber.
Community Resilience and Misalignment
Turtles, they're still doing all right, and I still think Austin means well by what he's doing, but he just got kind of caught up in the shitcoin mania. I had ten or 20 of them at one point, and, like, they're a good community still. There's a bunch of die hard members in there. They have a lot of overlap with the jira. What is it, PG? The dinosaurs? I think it's Shan is the founder. Anyway. But, yeah, I definitely have to say cyber turtles, but not for, like, outd. Right? Rugging, just misaligned founder and founder. I love that. I'm gonna give my own example. And just before I do, I would very much like to make it 100% clear. This is Alexa, the person behind the mic, speaking, not actually slingshot down the project.
Personal Investment Experiences
So this was my own mess up. This was actually a fairly recent one. And honestly, it's against. Not like it's a little bit weird. So I'm not sure if anyone's heard of Dop. I believe if I'm not mistaken, it's short for data ownership protocol. But a couple months back, a buddy of mine came across this, and it had solid use cases, and it was like, you know, pre TG stuff. Like, you know, you can get in early, blah, blah. And a couple of us actually, like, managed to get a pre sale type of thing, right? And we, like, all aped in a couple hundred bucks. And, man, like, it was so good. It was so good. Like I said, it was an excellent use case. Also, like, there was some, like, stuff happening with binance listings and, like, whatever.
Anticipation and Disappointment
It was, like, looking really bullish, right? And it kind of half launched or something right now, I don't even remember what the exact situation was, but it kind of got launched, and immediately as it was launched at a lower price than the pre sale. And I just thought, this is crazy. This can be happening. This is. I'm going to buy more, right? Because, like I said, it was like, kind of a half launch thing. We were like, oh, looking at it like, yeah, this 100% can be right. It can't be like, a full launch and the initial price being actually lower right off rip. And so I aped him for a couple hundred more, and I've just been seeing the chart go down the whole time, so it's been pretty depressing. So, yeah. Not maybe the craziest example, but certainly very personal and recent one.
Concluding Thoughts
But I think on that note, now that every one of us has embarrassed themselves a little bit. I think we can slowly close this space out. I do just want to give everybody 1 minute to sort of share any parting words that they'd like for the audience or have any CTA's or anything of that sort of. Kel, what do you want to leave the folks on? Oh, man. Yeah, we have some exciting stuff coming up at the end months, so stay tuned for that. I would love, love any love on that top support about our top tweet that I pinned about TikTok. We're just trying to grow that new channel. Get the word out about web three gaming. It's been a really good space. Thanks again for having us. And I can't wait to see you boys on the next one.
Final Reminders and Farewells
Absolute pleasure as always. You heard mikhail, go ahead. That pin post up. Make sure to give it some love. Blake, what about you, my friend? What are your parting words for the audience? Oh, I think it was a great space. I appreciate you for having me, as always. Always a wonderful host. Bunch of great questions. I think we had a wonderful discussion today. Check us out. We do have, like I mentioned, we do have lok chronicle coming out very soon. We should have some playtest access as well coming out, some giveaways for that. I'm not sure if it'll be on our twitter or not. I should have got more information from the team before I started speaking on it, but here we are and so that's about all I have. I look forward to seeing you guys around next time.
Gratitude and Closing Remarks
Thanks for having me. Many thanks for the kind word, my friends. Kind words, my friend. There we go. That's the proper grammar. Pleasure having you as always, man. Real, real pleasure every single time. Thanks, Zach. What about you, my friend? What are your parting words here? Thank you, guys. This was a really fun one. I very much enjoyed us all embarrassing ourselves on our high conviction plays there to end it off in a good mood. We've all grown from these experiences that are onto brighter, bigger things. And then really quick on Slingshot Dow game factory is, I believe I can say you can play it. I believe there is a post going up about it being live. The leaderboard isn't live, but you can go and play the game.
Looking Ahead
So jump on board game factory season one, kind of until the leaderboard is launched, which will happen very soon. So shout out squadron as well. 100%, 100%. Guys, thanks. Thanks to all the speakers for coming up and making for an absolutely amazing show. Love everyone's answers here. Lots of really cool stuff was mentioned lots of silly personal examples there at the end as well to tie it up on a funny little note. Thanks to everybody, the crowd, like Zach said, shut out squadron. We love you all. Guys. Give these lovely folks a follow. Check out what they've got going on. Each of them is building something absolutely amazing. So make sure to check out the websites, the twitters, the discords, all the good stuff.
Encouragement for Research
Do your own research. And I think that's going to be it for today. Have an amazing rest of your Thursday, everybody. Bye bye. Take care. Here.
