Events Add an event Speakers Talks Collections
 
MCON
September 15, 2021, Denver, CO, USA
MCON
Request Q&A
MCON
From the conference
MCON
Request Q&A
Video
The Future of online communities - METADREAMER and Kevin Owocki
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Add to favorites
697
I like 0
I dislike 0
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
  • Description
  • Transcript
  • Discussion

About the talk

METADREAMER one of the co-creators of MetaFactory and Kevin Owocki from Gitcoin discuss the future of online communities.

About speaker

Kevin Owocki
Founder at Gitcoin
Share

What's up, man? A dreamer. Not much work. You what's going on? So which one of us is doing the David Hoffman impression? Let's just get that out of the way. I don't know. I feel like you'd be better at it. I don't have the energy level at this point in the morning, looking like directly at the camera with, like high energy and be like talking, like a YouTube influencer besides trying to sell you on their course, but it's actually like crazy shit. But, you know, it's like dies. The green plants. Maybe we get a couple YouTube covers, like clickbait ecover's out of this panel. All right,

that's enough. Hazing of David for not being here and for being in San Diego, but we're here to talk about coordination. So first question, Hardball, is it all coordination that a dreamer, it's all coordination and it always has been there. We got. Why? Why? Why do we care about? Isn't it funny when a space that cares deeply about coordination? Has its own coordination failure. In your told, you have to be up on stage with 3 minutes notice. Yep. So, why do we care about coronation in the aetherium station? Why is it a special meme, you

know, of coordination? At the end of the day is how we like accomplish anything and even being humans. Like the thing that defines humans from animals is like the fact that they were able to coordinate together at a larger scale. So I think, you know, that they're in space where we have better tools for coordination. Albanese ideas aren't even people have been, you know, trying to talk with them for very long time. So, yeah, we have like new tools to Taco how to become more human and, you know, continue on that Journey that we've been on for, like, millions of years from like, fungus stole our

brains. Why is it Theory? M a better substrate for human coordination? Well, the one everyone uses in the one all the bigger brains are building on. So that works goes pretty far. Have a transparent immutable, programmable, coordination mechanism that its worldwide interest section. Sophie of these Global coordination failures are on misinformation or climate change privacy violations, really busy. A lot of coordination failures that are the infrastructure that we inherited from the previous generation is no longer able to handle. And one of my thoughts, is that at the

transparent immutable? Programmable Ledger is a place to solve coordination failures and that's why he get coin. Talked a lot about funding public goods, which is one of the big coordination failures out there and leveraging leveraging aetherium. And my hope is that you don't defy his grade and financing art is grade. But what what I really would love to Moving past a decentralized casino and into really having a positive impact for the world and I think that's possibly ethereums Legacy. Yeah, hundred percent. And I think, you know, we talked and

talked about this recently to that idea of like retroactive public goods funding and you know get contact think is the most successful example of a public good funding at scale in the DM, you know, it's interesting to think about what he was saying, which is, it's a lot easier to decide what has worked well in the past, then to sort of predict what will work well, in the future. So we can create mechanisms for deciding collectively, what things were built. Well, that should be funded looking retroactively instead. So yeah, what's your take on retroactive Public Funding? And you know

what, the, the metal of that has to do with like the next like year of what we're doing in Dallas and Carl. First announced that eats sea sea and basically the idea is to take the fees from optimism, which is an L2 Network that recently launched. And then To allocate them to funding public goods, think in the aetherium community and part of the idea is that optimism is generating tens of thousands of dollars per fees in in fees per day, which is really amazing. And if we can find a legitimate way to give that to the most important public goods in the aetherium community.

If only there was a mechanism that could distribute the public goods. That's my little get coin, she over there and if you have the opportunity for working on public goods to have a multi-million-dollar exit, then what you incentivize is the possibility that maybe Angel Investors in feces will start to fun teams that are creating value. Instead of just capturing value, and it could be a sea change in how public goods are funded. We can move from the grants and donations a model two more profit-driven type model. That's my understanding of resurrected public

goods funding, but y'all should look up the blog post. If you want to get the canonical version from Metallica. Yeah, for sure. I think it's it's really exciting and you know this especially when you have that way for to find retroactively but still have the mechanism for you know, what, what venture capital is now, then you would have this almost curation gamer prediction Rock in the future or people that I sent you, like staking their money on a certain Team, 6, CD, and what they say, they'll succeed in. And, you know, the important part to make that happen is we need to have like

the Define, protocols and standards for retroactive funding. So people have that sort of knowledge or Security in their mind that, you know, if this thing to feed it is going to get paid or if there is going to be by that flows here. So I think the, the two of the import of calls and everything people doing, that's going to be really important in in the last like year. And defy specially, we figured out like really great ways of like concentrating. A lot of capital from a lot of different places into like one place. So, you know, you're involved her like, you know, liquidity

farming and you know, all these things like these. It's like it, it's really factor that moving large amounts of capital. But we need now, I think is tooling to do then. Also distributed not just concentrated. But how come you better distribute this large amounts of capital? Then, you know, protocols become almost shutting points for Capital to do, then we can delineate between the thing that gets funded and where it's being funded from or why. So you don't need to monetize everything cuz that's an issue with a lot of public goods is not

everything can be turned into a product and monetize and it shouldn't be like me to writing documentation and, you know, open source software and packages and Library, you know, a lot of this stuff. It shouldn't be monetized. How do we get those in Sunday? Then? I think the answer for that is allowing the source of funding to be something that is monetizable, but allowing it to float, the things that are monetizable because those things help everyone, in its necessary for the space to survive the asymmetry between value created and do you capture? It is what we need to close to open

source software. It's five hundred billion dollars per year in economic value in open source software developers are often working away from their families nights and weekends to maintain that digital infrastructure, which is an asymmetry does not only immoral but it also creates Black Swan event because the open-source maintainers can spend time creating real solid digital infrastructure. And so I imagine this world where software developers can quit their corporate jobs and just work for the open internet, we can get him straight out of school and do an internship with open source instead

of this large corporation instead of working on. And I see our private eyes project. You can just work on public goods and I can be your career in that. That's the the world that that we want to create that get Quinn. Speaking about bringing in Talent from, you know, the Legacy space or web to interrupt. I know you and Austin. Recently started moonshot Collective, which I think it's really cool. And you know what, that a shortage of like talent and web be like, what is like the most guest Resorts right now? The designers or anyone to build anything like they know the

issue. And so, really having a huge vinyl for talent to come into this basis is critical. And, you know, I'd love to hear more about like moonshine and how you guys are coordinating all that. Cuz, you know, it's one thing just to get people in the door. But how do we get people from in the door to like, actually doing productive work? And, you know, it back into space and finding what they need for their own fulfillment as well. If you're a software engineer. Play marketing guy in the back. Use likes a catcoon a

lot while you're up there. He didn't say that. I just did it myself. So we got hackathons, which we can pull you into the space with you got grants, which you can get funded with I'm in the good kind owl recently launched, which was the whole idea. There was to create like a closed value Loop, where the community they were serving is governing, get coins. So that's something really proud of and we have the score primitive for organizing work within the dalco workstream. And there's a Public Funding workstream. Those governments were extreme. There are a decentralised get coin. Workstream

got some centralization Dead return to pay down there and the one that Austin and I launch just was called the Bitcoin doubt are in the rapid prototyping workstream. We announce it and we like It isn't it? If I don't think people really noticed it. So we're like, let's call it something cool in me me, so we called it the moonshot collective, which is a collective of people who are taking moonshots basically creating new coordination tools. And we've got about 150 builders that we are prototyping, you coordination tools in the first tools that we built our actually token allocation tools

for the moonshot collective to allocate tokens to itself for building token. Allocation tools, his little bit of a loop their Meta Meta submit a dream. So, I did these coordination tools are all the way from just very simplistic, small utilities to things like quadratic funding, which is really powerful, but it's a little bit complicated. And the first, the first tool that we built is actually launching at madacc on today, and it's called a tip. Party. And I think I'd like to demo it with Call. Now, if

if your So it's your party is what it sounds like. If you go to tip. Party on any aetherium enabled device. Oh God, we didn't tell the developers to make any ethereum Wallet work. He works in metamask. I'll be curious to see okay, cuz it's built on scaffold E3 party and a little landing page that sort of explains. What it is, is a tip party is basically you just sign in with a, with a message and then Austin and I will drop some tokens to you just for being a part of the two

party. So go to Tip Top party, open the app and then the key word is coordination. And if you sign in with a message, coordination, Austin and I will get your address, and then after about, I don't know, 5 or 10 minutes will drop. Some will drop some tokens to everyone in the audience. So this is a very small coordination tool that The Moonshiner Collective is prototyping. In order to allow members of the collective there, consistently showing up. The calls are being active in telegram groups. Easy way for us to kind of like, Accredited party. So it's a very small modular

coordination tool and I think this will probably be the largest tip party that we've done, Austin, if it, if it, if it works. So Thank you. We're going to drop those those tokens. Probably sometime the next 5 or 10 minutes. Coordination is the real name Austin's. Austin's the king of just like dropping dopeshit in the middle of a conference in distribution in coordination. I think that This, there's this public goods, funding problems in the prisoner's dilemma and like more advanced coordination failures. If we can just small,

create small, shelling points as composable, money Legos, and then, build on top of those towards the more advanced ones. Then that's how we get momentum to start by solving our own coordination issues. And then we solve all of Technologies, coordination issues, and then we can work our way up to solving all of the world's coordination issues. And then we can slay Molek in the world's coordination failures. Yeah, so I think it's, it's amazing to see how this cycle conference came together. I think, you know what I

like to do different ways. It like software development of female Cathedral just like we got to design everything perfectly, like Cardinal style, you know, like versus just like people, like, on the ground like to say corganic Lee, doing things like things coming together like this conference. And, you know, everything that happened was like, it's so much more awesome than any of us organize even expected. Which is because like I won, just put in their little bit that they could, you know, what does anything that I

could, they could offer and just came together and all these like, those building blocks of life. Hey, I do video about and I'm not your guy owe. This guy has audio of the skies are you can just got the sewing machine disguise a printing company. And you know, we have all these still signs made just yesterday and like all this stuff that messes together because people are out there kind of Getting in those days. She selling points. I think it's the really exciting to see it like play out in person and for us to use the tools that were creating to help ourselves first and, you know, before

each other, like, convert the whole world to use it. And I think that's really how it's going to happen is eventually, this is just going to out-compete the Legacy way of doing things and people just migrated over, it's not going to be some sort of like crazy. We're going to tear down. This is some it's going to be like anyone's going to boot up in parallel and people are slowly going to migrate over in the old ones going to fade away. So yeah, it's pretty cool to like be a part of that at the ground level. You got me to think through this is a really special point in time. I just think

about how big the internet was and the ability to send information across the computer network about an intermediary, revolutionize, everything that depended on information in society entertainment, media politics, all social media, and now we're in this really interesting point in which you can move scarcity or value across a computer network. Without an intermediary. And so the the parallel is what are all the things that rely on financing scarcity and Society turns out a lot of stuff. And if we can reinvent banking insurance jobs and create fundamentally internet, native coordination,

mechanisms for the world could be a really good thing. But I also got to say it low-key, it could get pretty dark pretty quick. And so coordination is a choice. And we all have to choose to coordinate and 2 to turn the battleship towards towards Utopia and away from dystopia. And I think that we have to choose to show up in coordinate and be our best selves and infield the Community First everyday. And so I think there's a lot of lot of opportunity but also a lot of threat as little as the whole world's Financial ecosystem, could be rebuilt by blockchain technology. And that's that's that's the

legacy of the people in this room today. When you look, when you look at the future history of this face, I hopefully it's a deposit. Yeah, hundred percent. I think it's it's really important cuz things are going well. And when things are going well, it's easy to just be like, oh, you know, it's everything is amazing. Everything we're doing is awesome. You know, we can make any mistakes whatsoever. I think that's kind of the same thing that happened with, you know, people working on Facebook and Google early on, you know, I didn't expect all the like negative consequences of social media,

you know, for sure. At that time. It was like a really powerful impact whole world changing, good thing, and it still is in a lot of ways. And I bet, you know, I still think it's a net positive. But, you know, if we're not conscious about all the ways in which we could be designing systems that are, you know, going to cause harm and places or, you know, it could be dangerous and know the ways in which we should try not to. Cuz it's hard for us to it's like almost a time thing. Like, we ourselves are born in the end, like grew up in these Legacy system. So we're prone to like repeat those same

patterns whether we like it or not. It's like built into our DNA almost So it takes a lot of unlearning on our own part 2, you know, who these structures structures in my mind, our minds for how we think things should work and you'll rejoin them in much more Collective. Like almost bio. Mimic Milky Ways where we can resemble nature more. Like things not being wasted and destroyed the concept of garbage is that the human concept, you know garbage doesn't exist in weight in a major. It just everything is like transformed into

something else and get 3 use. So I think we have the better tools now until like move towards that and how we operate as a species. And yeah, I think you know everything that you said one of the problems I have is that a two-story Berlin like verbose and so mi like narratives don't scale too much. And so I've been trying to figure out they like them unified way. That we tell the world that it's all coordination. And in so that scalable narrative there that we can roll forward with, this is what I've been working on and I just

talked a lot about meditations on the look, in his eyes in the intro talking. How many people read meditations on Mohawk? That's great. We're trying to figure out how to how to tell that deep lure of the aetherium space to Jamie Jason communities into the mainstream. And so, one of the things that they get Queen team has produced is a comic book about how we could create a Megazord that destroys Mullick using coordination technology, which I think will be pretty cool. So, I don't know. It feels like the mainstream like

they like Avengers in like super hero stuff. So that's going to be how we try to scale that narrative to the mainstream. But curious, if you're going to be back and I'll give you a copy of the comic book. Looks rare. Thanks. Austin. Tony Stark is over. So I'll ask question, metal dreamer. Is it all for nation while coordination and always has been peace. Everyone.

Cackle comments for the website

Buy this talk

Access to the talk “The Future of online communities - METADREAMER and Kevin Owocki”
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free

Full access

Get access to all videos “MCON”
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Ticket

Interested in topic “Cryptocurrency”?

You might be interested in videos from this event

September 15 - 17, 2021
Denver, CO
16
60.74 K
dao , governance, investing, nft, token

Similar talks

Kevin Owocki
Founder at Gitcoin
+ 1 speaker
James Waugh
Tokens at Fire_Eyes
+ 1 speaker
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Kseniya Lifanova
Partner, Co-founder at Upstate Interactive LLC
+ 1 speaker
Austin Griffith
Director of Research at Gitcoin
+ 1 speaker
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Abhishek Punia
DAO and Product at Set Labs
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free

Buy this video

Video
Access to the talk “The Future of online communities - METADREAMER and Kevin Owocki”
Available
In cart
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free

Conference Cast

With ConferenceCast.tv, you get access to our library of the world's best conference talks.

Conference Cast
944 conferences
37487 speakers
14316 hours of content