Decentralizing the Internet Computer Community Conference | ICP CC SNS

Blockchain Pill Podcast
6 Apr 202431:05

Summary

TLDRThe Internet Computer Protocol (ICP) Community Conference 2024 is set to take place on May 10th, featuring a 9-hour live stream and global in-person meetups to showcase ICP's capabilities and celebrate the community's achievements. The event will include talks, project spotlights, and airdrops, with over 50 ICP projects participating. A key highlight is the launch of a decentralized autonomous organization (DAO) to manage future events, marking a unique approach to community governance and event organization within the blockchain space.

Takeaways

  • 📅 The ICPC 2024 Community Conference is scheduled for May 10th, aiming to showcase ICP to the wider Web 3 industry.
  • 🌐 The event will be a global initiative with a 9-hour live stream, featuring project showcases and educational content about ICP.
  • 🎥 Prime time segments of the event will include in-person Meetup watch parties across the world, with a special pre-party in the Asia Pacific region hosted in a metaverse.
  • 📍 Over 20 locations are confirmed for the in-person Meetups, with notable figures in the ICP community hosting events in various cities.
  • 🚀 More than 50 ICP projects are involved in the conference, with many offering airdrops and promotional content throughout the live stream.
  • 🔄 The event will introduce a decentralized approach to the ICPC via a DAO (Decentralized Autonomous Organization), allowing the community to own and govern the conference series.
  • 🏛️ The DAO will be legally registered in the Marshall Islands, providing jurisdictional clarity and liability protection for its members.
  • 💡 The DAO will have no core team, with decisions and proposals being made through community governance and smart contracts.
  • 🎫 The conference will have a token, called the conf token (CFC), which will have utility for buying tickets and sponsorships, with potential for additional benefits decided by the DAO.
  • 💰 The event aims to be self-sustaining, with ticket sales and sponsorships funding future events and providing benefits to token holders through governance.
  • 📈 The ICPC DAO plans to host two events per year, alternating between in-person conferences and global live streams with watch parties.

Q & A

  • What is the main purpose of the ICPC 2024 event?

    -The main purpose of the ICPC 2024 event is to showcase ICP to the wider web 3 industry, explain the basics of what ICP is, and celebrate the achievements of the ICP community. It aims to make information about the technology accessible and easy to understand for others.

  • When is the ICPC 2024 event scheduled to take place?

    -The ICPC 2024 event is scheduled to take place on May 10th, 2024.

  • How will the ICPC 2024 event be structured?

    -The event will be structured as a 9-hour live stream, starting in European time zones in the evening and ending in the US. It will feature prime times with meetup watch parties in cities worldwide and a pre-party in the Asia Pacific region.

  • What is the significance of the SNS launch for the ICPC 2024 event?

    -The SNS launch is significant as it aims to decentralize the ICPC event, allowing the community to own it and make decisions about the conference, including where and how it happens.

  • How many in-person meetups are planned for the ICPC 2024 event?

    -There are over 20 in-person meetups planned for the ICPC 2024 event, with more being added as the event approaches.

  • What is the role of the Dapp in the decentralization of ICPC via SNS?

    -The Dapp will handle the sale itself, create the token, and airdrop it to the participants of the swap sale. The frontend governance and other aspects will be entirely on chain, making it a truly decentralized event.

  • What are some of the projects and creators involved in the ICPC 2024 event?

    -Over 50 ICP projects are involved in the event, including well-known names like Local Mining, Bitfinity, and dmail. There are also 14 content creators producing their own content for the live stream.

  • How will the ICPC token (CONF token) be used?

    -The CONF token will have utility such as being used for ticket sales and sponsorships. It may also provide VIP access and other benefits for token holders at in-person events.

  • What is the expected market cap of the CONF token?

    -The final market cap of the CONF token, if the sale is fully maxed out, is currently structured to be around six million.

  • How can people participate in the ICPC 2024 event?

    -People can participate by registering for the free live stream on the ICPC 2024 website, attending in-person meetups, or getting involved in the decentralized governance through the SNS launch.

  • What are some of the unique aspects of the ICPC 2024 event?

    -Unique aspects include its decentralized nature through the SNS launch, the involvement of over 50 ICP projects, and the global reach with in-person meetups and a live stream that can be accessed worldwide.

Outlines

00:00

🎤 Introduction to the ICPC 2024 Community Conference

The video begins with host Alex introducing the topic of the ICPC 2024 Community Conference. Alex is joined by guest Isaac Valadez to discuss the upcoming event scheduled for May 10th, which marks the onboarding event for the ICP community. Isaac shares details about the SNS launch that aims to decentralize ICPC, giving the community ownership and decision-making power over the conference. The structure of the event includes a 9-hour live stream with meetups worldwide, offering both online and in-person participation opportunities.

05:00

🌐 Overview of the ICPC 2024 Event

Isaac provides an overview of the ICPC 2024 event, explaining its purpose as a global showcase for ICP within the wider web 3 industry. The event will feature videos of projects built on ICP, explain the basics of the technology, and celebrate the community's achievements. The event will be a 9-hour live stream, with special 'Prime Times' for global meetups and a pre-party in the Asia Pacific region hosted in a metaverse. The meetups are organized by various brands and community members, with over 20 locations worldwide.

10:01

🤝 Collaborations and Influencers Involved in ICPC 2024

Isaac discusses the involvement of numerous projects and influencers in the ICPC 2024 event. Over 50 ICP projects are participating, with some having talks and others showcasing through promotional videos. Airdrops are also planned throughout the live stream, with a dashboard for participants to claim tokens. Content creators are actively involved, producing content for the live stream and helping to contribute to the 9-hour event. The event is set to feature a variety of well-known figures from the ICP community.

15:02

🔄 Decentralizing ICPC via SNS

Isaac explains the concept of decentralizing ICPC through the use of SNS, highlighting the unique approach of using a Launchpad within the ICP protocol. The decentralized autonomous organization (DAO) will handle the sale and token distribution, with governance entirely on-chain. The DAO will have the ability to take over ownership and control of applications, marking a significant innovation in the ICP ecosystem. The event is the first of its kind to be decentralized in such a manner, with the DAO having direct control over the treasury funding the events.

20:03

🗺️ Roadmap for Decentralizing ICPC

The roadmap for decentralizing ICPC involves several key steps, including legal registration as a Marshall Islands Dow LLC nonprofit, providing jurisdictional clarity and liability protection. The brand and assets of the event will be transferred to a third party, who will then transfer them to the DAO. The DAO will have a council member submit proposals to fulfill commitments outlined in the white paper. The DAO will be a self-running entity with full legal status, capable of making legal agreements and owning IP. The unique legal structure is designed to provide a globally recognized solution for DAOs.

25:04

💰 Tokenomics and Benefits of Decentralizing ICCC

The tokenomics of the decentralized ICCC involve a low minimum and interesting incentives. The final market cap is structured to be around six million. The DAO will use the funds for organizing two events per year, one in-person conference and one global live stream. The token, called CF, will have utility such as being used for ticket sales and sponsorships. The DAO's spending promotes the ICP ecosystem, and token holders will benefit from governance activities and potential revenue sharing. The decentralization aims to create a self-sustaining marketing campaign for ICP, managed and funded by the community.

30:05

🎉 Next Steps and Airdrop Allocations

The next steps for the decentralized ICCC include planning for airdrop allocations to attendees and organizers of in-person meetups and watch parties on May 10th. The event is set to be a community-driven experience, with thousands expected to participate both in-person and digitally. Isaac encourages projects and influencers to reach out to participate in the event, and he shares his excitement for the community's reception of the conference. The focus is on showcasing ICP's capabilities and the potential for a bullish market driven by community unity and innovative marketing strategies.

📆 Final Reminder and Call to Action

The video concludes with a final reminder for viewers to register for the upcoming Community Conference and to participate in the various events planned for May 10th. Alex encourages taking the day off to engage with the conference, emphasizing the opportunity to learn about ICP and the exciting activities planned. The call to action is for the ICP community to come together and demonstrate the strength of ICP within the broader web 3 industry. The video ends with a call for unity and the sharing of ICP's potential to change the world.

Mindmap

Keywords

💡ICPC Community Conference

The ICPC Community Conference is a global event aimed at showcasing the Internet Computer Protocol (ICP) to the wider web 3.0 industry. It is designed to explain the basics of ICP and celebrate the community's achievements. The conference includes a 9-hour live stream, meetups, and various projects and influencers participating to highlight the capabilities of ICP.

💡Decentralization

Decentralization refers to the process of distributing authority or control away from a central, singular entity. In the context of the video, it relates to the ICPC Community Conference's plan to decentralize its operations and governance through the use of a decentralized autonomous organization (DAO). This means that the community will have more control over the direction and decisions of the conference.

💡SNS Launch

The SNS (Social Network Service) Launch refers to the introduction of a new platform or service that is designed to facilitate social interaction and communication. In the video, it is mentioned in the context of the ICPC Community Conference's plan to use the SNS launch as a means to decentralize ICPC and give the community more control over the conference series.

💡Community Ownership

Community ownership implies that a group or network of users has the control and decision-making power over a particular platform, event, or asset. In the video, this concept is central to the idea of decentralizing the ICPC Community Conference, where the community members would have the ability to make decisions regarding the conference's direction and operations.

💡Onboarding Event

An onboarding event is a program or process designed to integrate new members or users into an organization, community, or system. In the context of the video, the ICPC Community Conference serves as an onboarding event for new members of the ICP community, providing them with information and resources to understand and engage with the technology.

💡Live Stream

A live stream is a real-time broadcast of video and audio content over the internet. In the video, the live stream is a key component of the ICPC Community Conference, allowing for the event to be accessed and participated in by individuals worldwide, regardless of their physical location.

💡Meetups

Meetups are informal gatherings of people with common interests. In the context of the video, meetups refer to in-person events hosted around the world as part of the ICPC Community Conference. These meetups provide opportunities for community members to come together, network, and learn more about ICP.

💡Influencers

Influencers are individuals who have the power to affect the purchasing decisions of others because of their authority, knowledge, position, or relationship with their audience. In the video, influencers are mentioned as key participants in the ICPC Community Conference, who can help promote the event and educate their followers about ICP.

💡Projects

In the context of the video, projects refer to various initiatives or developments built on the ICP platform. These projects are expected to participate in the ICPC Community Conference to showcase their work and highlight the capabilities of the ICP ecosystem.

💡Tokenomics

Tokenomics refers to the economic aspects of a cryptocurrency or token, including its distribution, supply, and the mechanisms that govern its value. In the video, tokenomics is discussed in relation to the decentralized ICPC Community Conference DAO and the potential benefits and utilities of the tokens issued by the DAO.

💡DAO

A DAO, or Decentralized Autonomous Organization, is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members, and not influenced by a central government. In the video, the ICPC Community Conference is planning to become a DAO, which would mean that the community members would have direct control over the conference's operations and decisions.

Highlights

The ICPC 2024 Community Conference is a global event to showcase ICP to the wider web 3 industry.

The event is scheduled for May 10th, featuring a 9-hour live stream starting in European time zones and ending in the US.

The first 30 minutes and the last 30 minutes of the event will be Prime Times with in-person Meetup watch parties happening worldwide.

The ICPC 2024 event aims to make information about ICP accessible and easy to understand for newcomers.

Over 20 locations are hosting in-person events, including notable figures in the ICP community.

The main live stream location will be in Milwaukee, with professional studio setup and live audience.

More than 50 ICP projects are involved in the event, with some being showcased through talks and one-minute promo videos.

Airdrop codes will be given out throughout the live stream, with a dashboard for participants to claim tokens.

14 content creators are producing their own content for the live stream, contributing to the nine hours of content.

The event is themed around decentralization, with the ICPC being decentralized via a DAO (Decentralized Autonomous Organization).

The DAO will have a legal entity status, with the ability to own IP, enter contracts, and have liability protection for its members.

The ICPC DAO will have no core team, with the community having full control over the treasury and decision-making.

The DAO will be registered in the Marshall Islands, providing jurisdictional clarity and innovation in legal format for Dows.

The event series will have a budget funded by the DAO, allowing for sustainable and ongoing promotion of the ICP ecosystem.

The token for the DAO, called CONF, will have utility such as being used for ticket sales and sponsorships.

Token holders will receive benefits such as potential VIP treatment at in-person events and participation in governance.

The ICPC DAO will be launching two events per year, a multi-conference and a global live stream with watch parties.

The event is expected to attract thousands of viewers online and over 2,000 in-person attendees worldwide.

Transcripts

play00:00

welcome back to blockchain pill my name

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is Alex and today we'll talk with Isaac

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Valadez about ICP Community Conference

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2024 we're getting closer to May 10th

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which is the date when the onboarding

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event is going to happen and in this

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video Isaac will tell us more about

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their upcoming SNS launch they're

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planning to decentralize ICPC via the

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SNS da the community will own it and the

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community will decide where and how

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those Community conferences will happen

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so without further Ado let's jump

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straight into the video Welcome to to

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the podcast it's been I believe 1 month

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we're getting super close to ICPC 2024

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so I'm happy to have you back here on

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the podcast and to learn more about what

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you guys have in store for this event

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awesome glad to be here thanks for

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having us again and yeah time's been

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flying it's coming quick we've seen a

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lot of influencers taking part and

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getting into the event a lot of projects

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also are taking part for the people that

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are new to ICPC or have not heard about

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it and this is the first time they're

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hearing about it can you give us a brief

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overview about the event that's coming

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up on May 10th yeah exactly so on May

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10th it's a um kind of a a global event

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to Showcase ICP to The Wider web 3

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Industry so we're basically going to be

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showing off um different videos of of

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projects of what's possible to build on

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ICP we're going to be explaining uh the

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the basics of what ICP is and I think

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it's an opportune time because really

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icp's Community needs um onboarding uh

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making the the the information of what's

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so bullish and exciting about this

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technology accessible and easy for

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others to understand and uh and really

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just coming around and celebrating

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because we have a lot to celebrate right

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now as as a community so um the

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structure of the event will basically be

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a large 9-h hour live stream that starts

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off in European time zones kind of in

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the evening and ends in the US um the

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first 30 minutes and the last 30 minutes

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will be um what we're calling Prime

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Times where basically um Meetup watch

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parties that are in person and in cities

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all over the world will come together

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and they watch the kickoff and then they

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watch the conclusion um and we will also

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have one in Asia Pacific that be like a

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pre-party um with our partner yuku

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that'll be live streamed out of their

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metaverse so basically anywhere on Earth

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there's uh there's a there's a time that

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works that's like after work when you

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can go to a Meetup meet great web three

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people and and watch information that

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that explains what ICP is in an

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accessible way and gets you bullish on

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it so it's kind of like for those in the

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community uh it's something you can

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invite your friend to and these would be

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all you know free events and um and even

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if you there's not one near you uh you

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can watch the live stream of course over

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YouTube or any other channel I love both

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the online part of the onboarding event

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that's going to be happening online but

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I also love the fact that it's going to

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have a lot of hubs around the world and

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people can go to those hubs and take

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part there and I saw a lot of well-known

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people in the ICP community that are

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hosting those events do you have like

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close by a list of where those events

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are going to happen well there's there's

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well over 20 so I don't have them all

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memorized but there's all different

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kinds of brands hosting them there's

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also individual um ICB community

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community members hosting them um con

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state is hosting a few um the main uh

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live stream location where the MC's will

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be our MC's will be the swap um and that

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will be in a studio in Milwaukee um like

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professional like like studio for like

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like TV shows and news channels and

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stuff where we're gonna have three

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cameramen a a producer and everything um

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in their studio and it's going to be the

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same area that that Meetup is happening

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in Milwaukee so it'll be like a live

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audience so that's going to be a lot of

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fun and that's one of the bigger ones um

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but we also have them happening in in

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Berlin um and and uh I'm going to be

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hosting one in Austin um and gosh just

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it's you know there's there's there's

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well over 20 uh 25 I think that there's

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there's about 20 on the website right

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now it's it's Loom

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l.

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ipcc um and that's kind of our Luma page

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we can find the ones uh near you but

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there's quite a lot of Brands involved

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we'll have the location on screen for

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people to find the nearest one to them

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there is even one in Romania here in

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clug which is a a very nice city in in

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Romania and I want to give a shout out

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to the swap for hosting like the

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professional one in where is it again uh

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Milwaukee shout out to the swap for that

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and he's going to be the MC of ICPC 2024

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yes he is and it's h we're really

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excited to have him they're quite a

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professional team and they bring a lot

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to the table so it's it's awesome to

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have the partnership in this tell us

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more about because we've seen a lot of

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projects and influencers get involved

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into ICPC 2020 4 can you give us you

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know some of the projects and creators

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that are involved in this event yeah

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well there's well over 50 plus different

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ICP projects involved so most of them

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are going to be the ones you've heard

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about everything from um uh you know

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there's there's local mining bitfinity

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uh dmail dma's gotten huge and they're

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really coming back into the ecosystem

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strong and so they're they're going to

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have a strong presence there um and so

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there's a lot of the bigger names and

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then there's there's some that I'm even

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discovering as as we work with them and

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and and like there's a few projects I

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didn't even know about that um that are

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going to be able we're going to be able

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to highlight um and they're going to be

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showcased in various different ways so

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some of them will have talks on

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different ICP topics a lot of them will

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have um like little one minute uh promo

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videos that just kind of like explain

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what they do in a really cool way that

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shows visuals of like how their adap

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looks because we really want to show off

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what IP can do um and then another way

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is a lot of them are doing airdrops so

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all throughout the live stream these

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airdrop codes will be given out and

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there'll be a dashboard I think it's

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called Galactic airdrops or something I

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think Seb seb's handling and he posted

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it recently and um basically you put the

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code that you see on the screen into the

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dashboard and and you get some tokens um

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so there's G to be all kinds of tokens

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from all across the ecosystem that are

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going to be uh participating in that um

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so that's should be a lot of fun and

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then uh in terms of of content creators

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we have like 14 content creators that

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are actually going to be producing their

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own content um for the live stream

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itself so they're not just promoting and

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partnering they're actually helping to

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contribute to part of the nine hours of

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live stream so we've got like like

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Bitcoin Renegade six fig and six fig by

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the way he's doing a a really exciting

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documentary so like I think it's called

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cracking FTX yeah so that's really cool

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like a mini documentary um crypto Darren

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Bobby O um Mike Mike Schwartz and Bobby

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O are gonna be doing an interview

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together um William lorett uh we've got

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Mike from clown um Victor

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ICP um blockchain Boy Aaron bamster the

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swap of course Jerry bannerfield um

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blockchain pill and then um we just

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found out actually today that when we're

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recording this that wendyo is going to

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be included as well so that's gonna be

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fun and I think a few more are G be

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added I really love the fact that you

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guys are going with the theme of

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decentralization so also like with the

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fact that you know you have different

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content creators you know to participate

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into this onboarding event as well as

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having the uh live meetups happening

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around the world that are managed by

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individuals but you also made an

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announcement last week that you guys are

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preparing to decentralize I PCC via d

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SNS so for the people that are new to

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the ICP ecosystem what does

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decentralizing via the SNS mean yeah so

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it means that basically like like built

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into the protocol of ICP itself there is

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a Launchpad and uh we're going to be

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using that to to be a a truly uh

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decentralized Dow from day one where a

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dow is kind of handling the sale itself

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and then the the token is created and

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air drop to the people who participated

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in the swap sale and um and then you

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know the frontend governance and all all

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of that is entirely on chain so it's a

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it's a really awesome unique to ICP um

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way of having a d formed I think one of

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the coolest Parts too is that the Dow is

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able to take over ownership and control

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um of applications and so we have

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updatable daps and and a dow can

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directly control the source code of that

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um but in this case we're building the

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first um Dow where it's just the

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treasury and uh and really the

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application is is is uh um off CH you

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know it's it's an event Series right so

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the the Dow will fund the events and

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have all of that part Beyond chain but

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but there's not one specific dap that

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that is launching U with the SNS so

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that's called an off chain Dow kind of

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like Constitution da was a lot of people

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may have heard of constitution DA they

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tried to raise money to buy the the the

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Constitution the US Constitution uh very

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similar to that and it's the first time

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it's ever been done on the SNS is it the

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first time that a an event like a

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conference is being decentralized and

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turned into a do well so there are a

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couple conferences out there that that

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do claim to be Dow so I think one of the

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most popular is eth Denver but if you

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actually look at the eth Denver um like

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like snapshot where they show their

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proposals there are zero proposals

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there's not really any activity um

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because it's more of like like it's an

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event series that has a token rather

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than event series that has governance um

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and then I think that there's ape Fest

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and I don't really see proposals about

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the events for ape Fest I think it's an

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independent party that runs it but

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technically there is an ape 8coin Dow or

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something I believe uh what makes this

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Dow unique is that it will actually

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directly control the treasury that funds

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events um and it will also not have a

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core team and we can talk a little bit

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about that in a bit but um but yeah this

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this is the first time that it's been

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done in this particular way and

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especially I think the fact that I'm not

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sure I've ever heard of a dow that

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decentralizes itself actively during one

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of its own events so it's on May 10th is

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when the swap sales should be live and

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and the people learning about ICP

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through this event series can actually

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like on board and uh you know Take Over

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Control of some of the very events that

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just taught them about about ICP it's

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just a little bit meta and and fun

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that's super cool and what I love about

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Dows on the internet computer protocol

play09:45

is that they are actual Dows and the

play09:47

holders of the tokens are actually in

play09:50

control of what happens as you mentioned

play09:51

with the with the treasury because you

play09:53

know outside of the internet computer

play09:54

protocol and correct me if I'm wrong

play09:56

there is somebody at the top who after

play09:59

the votes are cast you know they they

play10:01

need to say okay you know we're going to

play10:03

do it or we're not going to do it so the

play10:05

funds are going to be in the treasury

play10:07

and the token holders will have absolute

play10:08

control over the funds which is super

play10:10

cool and that is only seen on the

play10:12

internet computer protocol so can we go

play10:14

over the uh road map that you guys have

play10:16

in mind for decentralizing ICPC like

play10:19

what's the plan going to look like maybe

play10:21

touch the tokenomics as well yeah sure

play10:23

so the road map is pretty short because

play10:25

unlike other SNS launches and DOW

play10:27

launches as a whole like I said there's

play10:29

no Court team so once this launches it

play10:31

it's its own thing and we're hands off

play10:33

it's not ours anymore um so our road map

play10:35

is just to basically to get to the point

play10:37

of getting laun and there's been quite a

play10:38

bit involved and a lot of work that

play10:39

we've done over the last several months

play10:40

to to get this done um the uh the first

play10:43

component is that this is going to be a

play10:46

a legally registered Marshall Islands

play10:48

Dow LLC nonprofit uh meaning it's going

play10:51

to have Juris jurisdictional Clarity

play10:53

from day one I think this is the first

play10:54

Marshal Islands Dow LC to launch on the

play10:56

SNS um this means that it can

play10:59

um it has legal ability to to write to

play11:02

to like uh agree to contracts to to

play11:04

agree to make legal agreements um and

play11:06

own IP and things like that um it also

play11:09

provides liability protection for Dow

play11:11

members basically no one human can be

play11:13

held responsible for what the Dow

play11:15

decides to do and a dow doesn't have an

play11:16

owner is what it is membership via

play11:18

tokens and and governance via Smart

play11:21

contracts um so it's really neat to have

play11:24

this like new innovation in the legal

play11:26

format married to this new innovation in

play11:27

the Dow format and that's kind of the

play11:29

first step and um and so that filing is

play11:32

in progress right now it's it's already

play11:33

been submitted and uh it should be ready

play11:36

um by by like late this month the next

play11:38

step after that is the transfer of Ip so

play11:41

the brand itself and the you know the

play11:43

name and and and all the The Branding

play11:45

and assets is going to be transferred to

play11:48

um a third party who's then going to

play11:50

hold it and then transfer that to the

play11:52

Dow so like cod state is literally like

play11:54

giving up ownership completely of

play11:56

everything that represents the event

play11:58

like in the legal sense on paper and

play12:00

just in a full sense in reality so um

play12:03

and then after that point um once the

play12:05

Dow is in existence there's going to be

play12:07

a submission for we've already been

play12:08

talking to them and we announce them

play12:10

soon but um somebody in the ecosystem

play12:12

who's basically going to be the first

play12:14

council member um they'll make their

play12:16

application to the Dow and once they

play12:17

become a council member they're going to

play12:18

submit the the earliest proposals that

play12:20

the Dow needs to basically fulfill the

play12:22

commitments in the white paper like

play12:23

adding liquidity and things like that um

play12:26

and then at that point other council

play12:28

members will be elected by the Dow

play12:30

itself um and um they'll meet once a

play12:34

once a month um to kind of discuss what

play12:37

are the most important decisions that

play12:38

need to be made and and the proposals

play12:40

that need to be formed uh and and then

play12:42

uh and then they'll submit those

play12:43

proposals to the DA and there'll also be

play12:45

no neurons for the Dow meaning that

play12:47

people can automatically follow their

play12:49

votes whatever their favorite council

play12:50

member is and uh and then it's the

play12:53

self-running entity with full legal

play12:55

status past that point that's under no

play12:56

one's control which is crazy because I

play12:58

I've been talking to some other projects

play13:00

that have decentralized via the SNS I

play13:03

remember they were saying that they have

play13:05

a lot of trouble registering like the

play13:07

company because the legal system in

play13:10

their countries would have trouble you

play13:11

know understanding what a DA is and like

play13:13

who owns the da and like nobody owns a d

play13:16

so this is fixed by uh going and

play13:19

starting the company in the Marshall

play13:21

Islands right yeah yeah this is fixed

play13:23

and for context we we I had to talk to

play13:25

like eight different lawyer teams to

play13:27

find this is the right solution and this

play13:28

is really really like globally the world

play13:30

class best defined solution for Dows

play13:33

like it's specifically legislature for

play13:36

Dows right so what that means is um the

play13:39

Marshall Islands government for example

play13:41

um like like the St good standing you

play13:43

have to pay $5,000 to maintain the

play13:44

registry of the entity every year on

play13:46

January 1 so the Marshal isands

play13:48

government actually accepts crypto

play13:49

payments and using uh chainkey

play13:52

technology C CK um usdc when when it

play13:55

comes out and everything it might even

play13:56

be possible for the our Dow on IC to

play13:59

directly pay its own annual registration

play14:02

bill with the government which how cool

play14:03

would that be super cool yeah and uh

play14:06

it's going to have a u the Dow has a

play14:08

lawyer so like like the Dow can can if

play14:11

they ever got sued like like the Dow can

play14:13

enable a lawyer to work on its behalf

play14:15

and it's working on the full Dow's

play14:16

behalf right which is just really neat

play14:19

uh it's got a registered agent that

play14:20

helps with paperwork um it's really even

play14:22

the registration of it is unique because

play14:24

it's something called meow Mi Dao um and

play14:29

it's a public private partnership where

play14:30

they're like a service provider and the

play14:32

regist at the same time so they kind of

play14:34

they help Dows handle things like the

play14:37

paperwork and they're also the thing the

play14:39

The Entity that would have the paperwork

play14:40

submitted to it so they you basically

play14:43

when you register it you have this

play14:44

operating agreement it'll be made public

play14:47

so everybody who's going to be a member

play14:48

can read it and it's just really neat to

play14:50

see a legal document that like

play14:51

specifically mentions the smart contract

play14:54

address like the canister of the um of

play14:57

the nns and and references that as like

play15:00

like what the governance is going where

play15:01

where all the the activity is going to

play15:03

be logged for this legal entity um and

play15:05

so uh yeah it's it's really it's really

play15:07

a fascinating process that we've gone

play15:09

through and there'll be more information

play15:10

coming about about it during the

play15:11

conference itself a lot of the other nns

play15:13

projects can learn from this and you

play15:16

know maybe transfer the da like to the

play15:18

Marshall Islands so is it is is not like

play15:20

the Bahamas islands where you know FTX

play15:22

or whatever other companies were

play15:24

registered right no and actually we

play15:26

looked into all of the like like the

play15:28

different options like um British Virgin

play15:31

Islands and Cayman and things like that

play15:33

and um you know they actually recently

play15:35

passed laws that make it it's it's

play15:38

called the vasp ACT uh virtual asset

play15:40

service provider something like that I'm

play15:42

not sure but but long story short you

play15:44

would require kyc for everybody and uh

play15:47

so it's it's you know it's gotten harder

play15:50

for Dows to launch except for in

play15:52

Marshall Islands where they're very

play15:53

friendly to this type of uh entity and

play15:55

they're specifically trying to innovate

play15:57

in this area in fact you know i' been

play15:59

I've become a big fan this learning more

play16:00

about them they tried to tokenize their

play16:02

monetary system a while back but I don't

play16:04

think it worked out but then they also

play16:05

try they're trying right now to to

play16:07

tokenize some like outlier Islands so

play16:09

you can have transferable nfts that

play16:10

literally give you legal like rental

play16:12

rights to an island like how fun does

play16:14

that sound I'm curious what are the

play16:16

benefits of decentralizing iccc and

play16:19

turning it into a DA like why why is it

play16:21

better as a dow well first off it's it's

play16:23

a a truly community-owned Community

play16:25

Conference and I think you can also

play16:27

think of it as as a way to have that

play16:30

like like like marketing for the

play16:32

ecosystem in a self- sustaining way

play16:34

right so every dollar that this Dow

play16:36

spends um broadly promotes ICP itself

play16:39

and the whole entire ecosystem and

play16:41

benefits everybody um yet it will the

play16:43

that will also be receiving all of the

play16:45

ticket sales and sponsorship requests so

play16:48

it has a way to provide benefits to the

play16:50

holders um to compensate them for their

play16:52

governance activity um but but also just

play16:54

to refill its own treasur so it can keep

play16:56

promoting the ecosystem so it's it's

play16:58

like it's kind of something that we've

play17:00

been needing and wanting within the

play17:02

space for a long time is a way for us to

play17:03

take control of of having the ability to

play17:06

form you know proper marketing campaigns

play17:08

for ICP directly uh funded by and and

play17:12

managed through the the community itself

play17:14

in a sustainable and ongoing way so I

play17:16

think that's really cool and in terms of

play17:18

the the actual token it'll be called I I

play17:20

love this uh the conf token CF um and uh

play17:24

and it'll have utility most likely with

play17:27

um with being how you buy tickets and

play17:29

possibly even sponsor and uh and and

play17:32

we're still working out the details and

play17:34

like I said you know ultimately it's up

play17:35

to the Dow itself the Dow can en enhance

play17:37

the utility of it um itself but uh but

play17:41

yeah there's I think there's a lot of

play17:42

ways to make this really impactful for

play17:44

um both those who participate in in the

play17:46

governance but those who also just just

play17:48

love ICP and want to contribute to

play17:50

spreading the word about it starting in

play17:52

2025 the ICBC da will be launching two

play17:55

uh events per year uh one will be a

play17:58

multi- conference uh inperson conference

play18:01

like we did last year and then one will

play18:02

be a global U live stream with watchs

play18:05

parties um and like we're doing this

play18:07

year so basically ICP will get like

play18:09

highlighted in two different ways um uh

play18:12

you know every year from now on and with

play18:13

a really large Global event brand that

play18:15

is fully decentralized it would be

play18:17

awesome if you guys could have like one

play18:19

event in America and you know the other

play18:22

event in Europe because you know there's

play18:24

different crowds and it's a lot harder

play18:26

to get to America if you're in Europe

play18:28

and and vice versa so maybe maybe that

play18:30

is for the da to decide you know where

play18:32

they are going to happen and maybe why

play18:34

not even go as far as you know to Asia

play18:36

and have have have an event there as

play18:38

well so that's that's the beauty of the

play18:40

da because if the people decide you know

play18:42

to do something they can vote whether or

play18:44

not they they want that to happen so I I

play18:46

love that can you give me more details

play18:47

about the toomics and maybe how you know

play18:50

how much ICP you guys are aiming to

play18:52

raise yeah so I mean we're still trying

play18:55

to finalize the details and I think

play18:56

we're going to be announcing it fairly

play18:57

soon um but I think that it like the

play19:00

final market cap if the sale completely

play19:03

maxed out that we're currently um

play19:06

structuring it be around uh six million

play19:09

and uh we're going to have a pretty low

play19:10

minimum and some really interesting

play19:12

incentives this whole thing is an

play19:13

experiment but there's going to be some

play19:14

interesting toonomic things that we try

play19:16

that never been tried before on an SNS

play19:18

or probably in Dows ever um just a few

play19:20

fun little things it' be cool to see how

play19:22

they work out um and then uh and then

play19:25

yeah this is really its own entity past

play19:26

that point but I think if it hits the

play19:28

minimum it'll be able to at least do a

play19:31

full year of those two different events

play19:32

it needs to host um at at a you know in

play19:35

a really good way um and based off the

play19:37

cost that we know that it it takes as

play19:39

code and state as we host it um two

play19:41

events at this point and um and if it

play19:43

reaches the maximum it's going to have

play19:44

like uh cost at least three years of

play19:46

Runway to fund some really large events

play19:48

that would be really great for the

play19:49

ecosystem can you give us an estimate

play19:51

cost for one inperson event like for for

play19:54

a multiple Day event like do you have

play19:56

any data on that how expensive it is

play19:58

roughly not not exact numbers yeah yeah

play20:01

yeah well actually I mean we we track

play20:02

this thing so like last year we did a

play20:04

two-day conference in Miami with 150

play20:08

attendees and um not counting the labor

play20:10

of like my time and few of the other

play20:12

team members it was around $130,000 cool

play20:15

that's awesome because a lot of people

play20:16

maybe don't know those numbers and you

play20:18

know they look at the the events

play20:20

happening and wonder like how much that

play20:22

is but I think with the revenue that

play20:23

it's going to generate to the DA with

play20:25

through sponsorships and through all of

play20:27

that it should be self-sustain because

play20:29

people love going to those events what

play20:31

is some of the utility of the token so

play20:33

you mentioned some Revenue share if I'm

play20:35

not mistaken of of the token holders

play20:38

through governance and I think it would

play20:41

be cool if you hold like for example x

play20:43

amount of tokens you receive like a VIP

play20:45

pass for the inperson event I think that

play20:47

would be cool so can you give us more

play20:48

details about the benefits you know this

play20:50

is not a security so if the SEC is

play20:52

listening this is not an investment

play20:54

token uh it is a nonprofit um uh that

play20:58

said it is legal for a um a nonprofit to

play21:02

compensate um vendors and um and and and

play21:06

U you know contributors so if you're

play21:08

actively voting because because like

play21:10

it's this is already great to think

play21:11

about the SNS is you get you gain

play21:13

governance rewards by being active in

play21:15

voting you you don't just gain rewards

play21:17

by staking so um basically it's almost

play21:20

like like if you vote as as a

play21:21

participant in this doubt you're getting

play21:24

compensated like like for doing a job

play21:26

just like any other uh contractor would

play21:28

be getting compensated right in terms of

play21:30

other kinds of benefits I think there's

play21:31

quite a fun range of things that could

play21:33

be done like like for I imagine for

play21:34

example how cool would it be if another

play21:36

SNS Dow want to sponsor an event and as

play21:39

part of their proposal to the ICPC Dow

play21:41

to become a main sponsor they include an

play21:43

airdrop for all existing iccc um holders

play21:47

so you can get airdrops from other SNS

play21:49

Dows um as as a as an active neuron

play21:52

voter so like that would be a really fun

play21:54

thing that might that might happen right

play21:55

like I said I don't really know exactly

play21:57

what happen but I think a lot of fun

play21:58

things will happen and I think it is um

play22:00

I think we have the capability for

play22:01

example to also have the conf token be

play22:03

used to buy conference Merz in person um

play22:06

and so there's a lot of flexibility with

play22:08

with how the comp token will be used and

play22:10

I think we're going to suggest in the

play22:11

white paper some specific ways I think

play22:13

like ticket sales and and sponsorships

play22:16

um as kind of a good Baseline but uh

play22:18

from that point on it's really the up to

play22:20

the doubt to decide how it wants to use

play22:22

its token as I mentioned maybe give them

play22:24

like a I so if I'm a whale in com token

play22:27

I want like VIP treatment VIP pass go

play22:30

behind the DJ you know at the at the

play22:32

parties during the night free drinks

play22:35

that would be super cool that would be

play22:36

cool show that you're Stakes for the

play22:37

maximum amount of time with a certain

play22:38

amount of tokens and then you're like

play22:39

all right come on in VIP and then you

play22:41

get to like talk to the speakers after

play22:43

that would be pretty cool that would be

play22:44

dope you skip the line you know what

play22:46

I'll put that Alex I'll put that in the

play22:48

uh in the white paper why not that that

play22:50

would be cool honestly and and it would

play22:52

make people feel you know important like

play22:54

VIPs and they get real VIP uh treatment

play22:57

and I love the fact that it's it's only

play22:59

going to be 6 million market cap you

play23:01

guys are now launching like 50 million

play23:03

100 million market cap which gives the

play23:05

token Room to Grow which I think is very

play23:08

important like I think we need more SNS

play23:11

projects that launched at relatively low

play23:13

market caps so that you know we get

play23:15

those huge increases and more eyes are

play23:17

going to come to uh on ICP because we

play23:20

see what's happening on Solana with all

play23:22

those tokens that go 10x 50x uh people

play23:25

people notice the the chain and we need

play23:27

more of that on IC

play23:29

and alignment with that it's not um that

play23:33

is not funding a court team existing

play23:35

Court team's operation it's having a

play23:37

budget and the way it works is the Dow

play23:39

would say hey I want to spend $400,000

play23:41

on a three-day event in Portugal for a

play23:43

thousand people whatever it's going to

play23:45

be and uh that's a contract that it can

play23:47

hire a vendor for like cod state to

play23:51

organize and and the vendor just gets

play23:52

the flat payment and they organize they

play23:54

take a contract just like any normal

play23:56

contractor um but uh but but but it's

play23:58

the Dow making that decision it's the

play24:00

Dow funding the events and there is no

play24:01

like ongoing coure team so uh yeah with

play24:04

this race we wanted to do um a lot of

play24:06

special things I think we're going to

play24:07

have a very high percentage of the of

play24:10

the token tokenomics go to the swap sale

play24:12

because it just makes sense for what

play24:13

this is and um and yeah I think I think

play24:17

that people will be pretty pleased with

play24:18

how the tokenomics are structured

play24:20

because we we we wanted something that

play24:21

was um like like like truly like like

play24:25

like designed for the community I mean

play24:27

this needs to a community thing from day

play24:29

one for the people that are interested

play24:31

to participate in this decentralization

play24:33

swap or to get their hands on the com

play24:36

tokens what are the next steps all right

play24:38

well one of the coolest things is that

play24:40

um we're uh we're going to we're

play24:42

planning an airdrop allocation meaning

play24:45

um we'll get a list of principles and

play24:47

once the Dow is fully formed it can pass

play24:49

a proposal to to airdrop uh all all of

play24:52

the principles in place and so what we

play24:54

want to do is anybody who attends an

play24:56

in-person Meetup watchs party for ICP

play24:58

BCC on May 10th will be added to the

play25:00

airdrop allocation they'll get an

play25:01

airdrop allocation and uh anybody who

play25:04

organizes one of those meetups will get

play25:06

a slightly larger airdrop allocations so

play25:08

find a Meetup near you if there isn't

play25:10

one consider applying to to to organize

play25:13

a Meetup and um because this is truly a

play25:16

decentralized event even in how the

play25:17

meetups are done all all over the world

play25:18

by different parties anybody who wants

play25:20

to be part of it and uh and yeah you

play25:23

know for more updates about this you

play25:24

know be sure to follow us at

play25:27

ipcc um the the event will be posting

play25:30

updates about the Dow to economics and

play25:32

other things as they become known but

play25:33

yeah I mean and then on May 10th tune in

play25:35

and um I mean the sales should be live

play25:38

so you can you can participate and and

play25:40

uh and join and shaping the future of

play25:42

ICP and really just like what web three

play25:44

events can look like moving forward

play25:45

listen people will have to stay and

play25:47

watch the event happening to be able to

play25:49

get all those air drops again I really

play25:52

love the fact that you guys are

play25:53

airdropping tokens to people that are uh

play25:55

going to the meetups now I definitely

play25:57

need to make sure that I will go and I

play25:58

will attend one of the meetups I was

play26:00

thinking either Berlin I was talking to

play26:02

a friend of mine and he wants to go to

play26:03

Berlin but if if we don't want to go as

play26:06

far there is one here in in Romania

play26:08

which I think is super nice where can

play26:10

people find you at what event and then

play26:12

how can they get in touch with you

play26:13

online I'm going to be hosting the the

play26:15

meet up in Austin Texas um and uh and so

play26:18

that's why I'll be on May 10th and you

play26:20

can also find me at Isaac I AAC um and I

play26:25

think it's underscore ICP Isaac ICP are

play26:28

you guys still accepting projects that

play26:30

you know want to want to participate in

play26:32

this event is it too late now to

play26:33

participate in ICPC projects and

play26:36

influencers are you still accepting them

play26:38

we are for the next couple weeks but

play26:39

it's getting pretty tight because we're

play26:40

only a few weeks away from the event so

play26:42

um really if if if anybody's interested

play26:44

out there uh reach out to us very very

play26:45

soon you can DM us uh the main event at

play26:48

ICP orcc on um on Twitter and uh and

play26:53

we're trying to be as inclusive as

play26:54

possible so like one of the main offers

play26:55

that's available to anybody any projects

play26:57

in the IC is if you want a uh like a

play26:59

like a one minute spotlight video um you

play27:02

have a recording session with us and

play27:04

then we have an editor who will add

play27:05

music and add your screenshots U of of

play27:08

your dap on top of it into a nice little

play27:10

promo video so we want to do that for as

play27:11

many projects as possible so that we can

play27:13

really show off all the cool stuff that

play27:14

people are building on the IC yeah and I

play27:16

actually saw a few of those actually and

play27:18

they look great so great job with that

play27:20

and if if there's any project that wants

play27:22

to participate in iccc 2024 get in touch

play27:25

with ISAC here and uh he'll hook you

play27:27

guys up have some numbers that people

play27:29

can expect like how many viewers do you

play27:31

guys expect the the onboarding event

play27:33

will have how many attendees will be

play27:36

around the world uh attending those

play27:38

inperson events do you have any numbers

play27:39

for us yeah yeah a few I mean we just

play27:41

hit over 500 registered people on our

play27:43

main event eventbr for the live stream

play27:46

um one of the meetups in kalala uh has

play27:49

over 200 people R RCP to it which is

play27:52

really cool um we're we're on track and

play27:54

we're thinking we're going to have

play27:55

easily over 2,000 people meeting in

play27:57

person and across all those meetups uh

play27:59

globally worldwide and and definitely

play28:01

many thousands um watching us live on

play28:04

the on the on the live stream digitally

play28:06

super exciting and where can people get

play28:08

their free ticket to participate in the

play28:10

onboarding event the link will be for

play28:13

event right so you can go to ICP cc.com

play28:16

and uh you know maybe you put a lower

play28:18

third somewhere around here if you're

play28:21

working on May 10th I recommend you take

play28:23

a day off and you participate in iccc

play28:26

2024 there's going to be a lot of

play28:27

influencers

play28:28

a lot of projects featured a lot of

play28:30

giveaways and you really don't want to

play28:32

miss this event do you have anything to

play28:34

add before we go yeah you know the iccc

play28:37

for just people in the broader web 3

play28:40

Industry who aren't familiar with what

play28:41

ICP is this is that's a learning event

play28:43

but for existing ICP community members

play28:46

like a lot of those who might be

play28:47

listening this is really a call to

play28:48

action um this is our this is our chance

play28:51

to to come together and just show the

play28:53

rest of web 3 what ICB has to offer and

play28:55

so I think that um you know it's time

play28:57

for us to take a really inclusive tone

play28:59

and just and not be talking about which

play29:02

chain is better or worse but just be

play29:03

talking about how ICP makes all chains

play29:05

stronger and it's time for us to um to

play29:08

share uh we're going to have uh dozens

play29:11

and dozens of videos meant for

play29:12

onboarding meant for showcasing that are

play29:14

going to be independently sharable links

play29:16

U coming out of this and we also have

play29:18

icpg guide.com um so you have no excuse

play29:21

not to be able to have a way to to share

play29:23

and on board with your friends uh what

play29:25

ICP is and why it's going to change the

play29:26

world um and you know in in the past I

play29:29

know there's been complaints about

play29:30

marketing on ICP but now we have a

play29:32

chance to to get active and to to push

play29:35

the future of marketing in ICP and

play29:37

really in web 3 forward in this new

play29:39

format with iccc Dow um so this bull

play29:43

market I think it belongs to ICP and

play29:45

it's going to happen because all of us

play29:47

are going to come together in a way that

play29:48

web 3's never seen before I agree and

play29:51

right now everybody's starting to become

play29:53

bullish on the internet computer

play29:54

protocol more and more people are

play29:55

hearing about what's happening with ICP

play29:57

and and I think this like the price

play29:59

movement honestly came at the perfect

play30:01

time uh preceding iccc and I think a lot

play30:05

of I will be pointed at this conference

play30:08

and at ICP in general so I'm definitely

play30:10

looking forward to see how the community

play30:12

will receive the conference and I think

play30:15

that we have one of the best communities

play30:16

in crypto I I haven't seen anybody be so

play30:19

ruthless uh for ICP as you know our

play30:22

community so whenever somebody says

play30:23

something bad about ICP everybody comes

play30:26

comes and uh you know defends it which

play30:28

which I love looking forward to see you

play30:29

on May 10th at least online if not live

play30:32

whenever you guys have anything to share

play30:34

about the conference let me know I'll

play30:35

help you guys with that and I hope we

play30:38

will meet again before May 10th just to

play30:41

share the latest news about the

play30:42

conference thank you very much for

play30:43

tuning in and uh I'll talk to you soon

play30:46

thanks for everything Alex bye I hope

play30:47

you found this video interesting and

play30:49

remember there is only a little bit over

play30:51

one month until the Community Conference

play30:54

happens make sure if you haven't already

play30:56

registered get your free ticket on and

play30:58

bright the links are going to be in the

play31:00

description below and with that we're

play31:01

done thank you for watching and I'll see

play31:03

you in the next video

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