1 00:00:00,240 --> 00:00:03,570 Tiffany: GM and welcome to episode eight of Probably Nothing. 2 00:00:04,080 --> 00:00:16,590 I'm TZ CEO of Islands, and with my cohost Alexis Ohanian, we'll be uncovering how NFTs and web three are changing community, commerce, and content online by talking directly with the people building in the space. 3 00:00:16,860 --> 00:00:21,850 Our guest today is Farokh the founder of Rug Radio, and an entrepreneur for over a decade. 4 00:00:22,210 --> 00:00:26,100 Rug Radio aims to become the first ever decentralized media company. 5 00:00:26,160 --> 00:00:29,850 And they fully minted out 19,000 Genesis NFTs this week. 6 00:00:30,060 --> 00:00:45,530 We wanted to bring Farokh onto the show to share his insights into community building and why it's so important in web three Farokh has previously built communities, filled with millions on platforms like Tumblr, Instagram, and Clubhouse, and he is now spending all of his time in Web3. 7 00:00:45,990 --> 00:00:48,690 You may be wondering what the power of community is. 8 00:00:48,839 --> 00:00:56,820 For Farokh it's building and launching Rug Radio off of a joke within Twitter Spaces where he had over 300 people apply to work with Rug Radio. 9 00:00:56,940 --> 00:01:00,060 Don't forget to give us a five-star rating on Apple or Spotify. 10 00:01:00,120 --> 00:01:04,080 Subscribe and share this on social media to help others learn more about web three. 11 00:01:04,200 --> 00:01:08,140 Feel free to tag me on Twitter @TZhongg and at @AlexisOhanian. 12 00:01:08,400 --> 00:01:08,640 How'd. 13 00:01:08,640 --> 00:01:10,710 You get into NFTs and what helped you understand them? 14 00:01:11,130 --> 00:01:12,349 Farokh: I got into it this year actually. 15 00:01:12,349 --> 00:01:13,369 Hasn't been, been a full year. 16 00:01:14,049 --> 00:01:16,569 You know, I was always curious about the blockchain cryptocurrency. 17 00:01:16,569 --> 00:01:19,569 Like for the last few years, I don't live with regrets by me. 18 00:01:19,569 --> 00:01:22,569 It gets regret is never listening to homie's in 2016. 19 00:01:22,569 --> 00:01:24,309 So yo like get into this Ethereum thing. 20 00:01:24,519 --> 00:01:27,286 And, and so I always thought I was late my whole life. 21 00:01:27,316 --> 00:01:29,506 And so the story starts last Christmas. 22 00:01:29,596 --> 00:01:31,646 I never took money from my mother. 23 00:01:31,646 --> 00:01:33,926 And I think growing up, I always did my own thing, my business. 24 00:01:33,926 --> 00:01:39,206 And she gave us each, my brother and I check of 5,000 Canadian, which was 3,800 USD at the time. 25 00:01:39,536 --> 00:01:40,226 And I'm like, no, 26 00:01:40,286 --> 00:01:41,186 Alexis: It's a lot of loonies. 27 00:01:41,216 --> 00:01:45,986 Farokh: Yeah, and so I was it, but it's the first time you meet him, take the money from us and like 14 years old. 28 00:01:46,286 --> 00:01:47,346 And I'm like, I'm not taking. 29 00:01:48,371 --> 00:01:50,471 And she's like, put it in this Cryptocurrency stuff. 30 00:01:50,471 --> 00:01:53,381 You just keep hounding me about, I'm like, you know what alright lets do it. 31 00:01:54,011 --> 00:01:59,621 And so come gen one, make my account Binance, all this cause we Canada's finance and all that good stuff. 32 00:01:59,621 --> 00:02:00,911 And I get some crypto. 33 00:02:00,911 --> 00:02:01,691 I get into it. 34 00:02:01,841 --> 00:02:03,761 I started getting really curious even more about it. 35 00:02:03,781 --> 00:02:05,961 It was around the time where Clubhouse started popping, right. 36 00:02:05,991 --> 00:02:08,271 Where we were curfewed Montreal. 37 00:02:08,271 --> 00:02:13,071 We had it really by rural a curfew 8pm, very strict quarantine, nothing else. 38 00:02:13,221 --> 00:02:15,411 You could, you were allowed to do nothing else, but breathe in your own apartment. 39 00:02:15,831 --> 00:02:21,861 And so basically all I was doing was Clubhouse cause actually a year ago, yesterday was when I made my first Clubhouse room to two listeners. 40 00:02:21,981 --> 00:02:26,121 So it really all started around this time, December 28th, 2020. 41 00:02:26,421 --> 00:02:29,091 And so one night, you know, it's midnight. 42 00:02:29,371 --> 00:02:33,836 I'm browsing the hallways of Clubhouse going through rooms and this and that. 43 00:02:33,926 --> 00:02:41,276 And then I ended up in, end up in a room with my friend Buster, who, you know, T who called collectibles at NFTs. 44 00:02:41,486 --> 00:02:43,146 And I'm like, what the hell is an NFT? 45 00:02:43,166 --> 00:02:45,596 Next thing you know, Logan Paul joins the room. 46 00:02:45,746 --> 00:02:49,616 So obviously when you have like a big name joining it, it pops two seconds later. 47 00:02:49,616 --> 00:02:51,316 It's 2000 people in the audience. 48 00:02:51,536 --> 00:02:53,216 We were just like a couple hundred at first. 49 00:02:53,486 --> 00:02:57,986 And all of a sudden you have a bunch of artists that swarmed the stage and the good way. 50 00:02:57,986 --> 00:03:00,176 So one of them was on your show, live in Basel. 51 00:03:00,346 --> 00:03:00,766 ThankYouX. 52 00:03:01,016 --> 00:03:01,286 Right. 53 00:03:01,286 --> 00:03:08,326 Ryan Ryan, Jan Silva, Victor Fewocious shares Victim Mascara, Fvckrender greg Mike, the whole click came on. 54 00:03:09,221 --> 00:03:11,381 And I was so blown away by these people. 55 00:03:11,381 --> 00:03:21,641 Cause I directly felt the community feel like it felt really wholesome and it just felt, I don't know, something clicked kind of like how in 2014 I moved to Instagram and I just felt that I just felt this like thing inside of me. 56 00:03:21,941 --> 00:03:25,646 And so, I started asking questions for four hours straight to four in the morning. 57 00:03:25,766 --> 00:03:26,606 What is the blockchain? 58 00:03:26,636 --> 00:03:27,266 How does it work? 59 00:03:27,266 --> 00:03:31,586 What's an NFT, all the stupid question that people are scared to ask. 60 00:03:31,706 --> 00:03:36,416 I went for it and I was asking them away and I asked everything I was fascinated. 61 00:03:36,656 --> 00:03:38,246 And so I fold all of them. 62 00:03:38,246 --> 00:03:40,136 I started messaging them on the side and things like that. 63 00:03:40,466 --> 00:03:40,886 The next one. 64 00:03:41,521 --> 00:03:42,931 I quit everything I was doing. 65 00:03:43,171 --> 00:03:44,491 I bought my first NFT. 66 00:03:44,611 --> 00:03:50,011 I start, we started the co-founded, the NFT called my Homie Paolo on Clubhouse, which became like the biggest club on there. 67 00:03:50,311 --> 00:03:51,721 And from there everything changed. 68 00:03:51,721 --> 00:03:58,321 I mean, now I literally quit everything and I was like, this is going to be my Bitcoin 2013, that I missed the theory of 2016 that I missed out on. 69 00:03:58,561 --> 00:03:59,851 I'm not doing it a third time. 70 00:04:00,151 --> 00:04:02,371 It can change my life and it can change the life of others. 71 00:04:02,371 --> 00:04:03,961 So I just jumped in. 72 00:04:04,301 --> 00:04:05,731 Alexis: Good for you. 73 00:04:06,986 --> 00:04:07,346 Farokh: Thanks. 74 00:04:07,496 --> 00:04:08,836 It's quite a ride. 75 00:04:08,966 --> 00:04:09,416 Alexis: I love it. 76 00:04:09,416 --> 00:04:14,486 That curious mind, that instinct, that spidey sense is special. 77 00:04:14,486 --> 00:04:23,756 And I think a lot of people- I take it for granted cause like my life has been starting startups, investing early in startups. 78 00:04:23,816 --> 00:04:44,156 Like that is a muscle I have to exercise every day in my life the last 16 years, but what's so special about what's happening in web three is that sense of wonder and curiosity is something I think most people, when they feel like they don't understand something, the tendencies is usually to recoil and just be like, that's weird, that's dumb. 79 00:04:44,156 --> 00:04:44,696 That's lame. 80 00:04:44,696 --> 00:04:45,386 I don't understand it. 81 00:04:45,386 --> 00:04:46,166 This is different. 82 00:04:46,646 --> 00:04:47,306 Farokh: It's a scam. 83 00:04:47,306 --> 00:04:48,056 It's a Ponzi. 84 00:04:49,016 --> 00:04:49,796 Alexis: Yeah. 85 00:04:50,066 --> 00:05:03,454 And there is look, there is nothing wrong with skepticism and I would argue even it's, it's better to go into it with, with sort of an open-mind, but still a skeptical one, one that's asking question that wants to better understand. 86 00:05:03,534 --> 00:05:08,074 And so what was it that I don't know, what got you on there for hours? 87 00:05:08,584 --> 00:05:17,524 Farokh: Like genuinely the vibe, like the vibe check, you know, Alexis, I see you write a lot about building community for 16 years, actually shared your, your thread the other day about that. 88 00:05:17,884 --> 00:05:20,277 And and so I've been building community for 10 years. 89 00:05:20,277 --> 00:05:22,177 This year, I started 2011 on Tumblr. 90 00:05:22,667 --> 00:05:24,912 I started social media, 12 I'm 27. 91 00:05:25,452 --> 00:05:35,712 So at 12 I started making, when Facebook came out, I had to, like, I was such, such a bad ass talk life glasses. 92 00:05:35,712 --> 00:05:36,432 I was 12. 93 00:05:36,432 --> 00:05:40,182 And I put said that it was 13 on Facebook to make an account, you know? 94 00:05:40,272 --> 00:05:46,842 And so, you know, the Facebook, Twitter 2011 was really my gig. 95 00:05:46,872 --> 00:05:48,474 Like when I found out about Tumblr. 96 00:05:48,704 --> 00:05:50,899 And I was 15 years old just in school. 97 00:05:50,919 --> 00:05:56,899 And I was like, wow, like, I'm going to start a luxury blog on Tumblr, blah, blah, blah, 2014 found out about Instagram. 98 00:05:56,899 --> 00:05:58,699 So it was always curious about community-building. 99 00:05:58,909 --> 00:06:00,499 So same thing about Clubhouse. 100 00:06:00,889 --> 00:06:07,189 Clubhouse was really pivotal for me because I built 15 million followers on Instagram, organically over the years, both the media company on there. 101 00:06:07,189 --> 00:06:10,724 So I've been doing media and branding for the last eight to 10 years. 102 00:06:11,144 --> 00:06:25,634 But when I went to Clubhouse, I realized the power of life, social audio, because the most powerful tool you have as human is your voice, because storytelling is so important, especially in community building, but even more in the NFT space. 103 00:06:25,694 --> 00:06:32,714 As storytelling is one of the most important key components of talking about your art, talking about yourself and expressing yourself. 104 00:06:32,774 --> 00:06:42,254 And so when I felt that energy and that vibe from like Ryan and everybody in that famous space, by the way, it's like a really famous space because it was the beginning of a thing for a lot of people. 105 00:06:42,254 --> 00:06:45,314 So a lot of the artists will like, remember that and all that good stuff. 106 00:06:45,344 --> 00:06:46,334 Every time I talk about it. 107 00:06:46,724 --> 00:06:49,004 And it's just like that vibe, like I just saw it. 108 00:06:49,004 --> 00:06:58,784 It's like, I can finally, after 10 years doing this, get rewarded for simply being a community builder and that's special because all this time. 109 00:06:59,534 --> 00:07:01,844 You know, you could get rewarded at the detriment of yourself. 110 00:07:01,844 --> 00:07:02,864 The platform will grow. 111 00:07:02,894 --> 00:07:09,854 So essentially I'm just helping Instagram and their platform and Meta here, Clubhouse, I'm helping Clubhouse Twitter, I'm helping Twitter and this and that. 112 00:07:09,854 --> 00:07:10,884 Alexis: Getting harvested for ads. 113 00:07:10,884 --> 00:07:11,574 Farokh: Exactly. 114 00:07:11,574 --> 00:07:25,484 But whereas, you know, web two is like platform, creators, listeners, but what three flips the script and now its listeners, participants, creators and platform, which comes last and the creators the most important, because they're the bridge. 115 00:07:25,894 --> 00:07:28,649 You know, they, they hold this thing together between the two. 116 00:07:28,859 --> 00:07:32,189 And so that's where I found myself and I'm like, listen, like I'm not an artist. 117 00:07:32,189 --> 00:07:32,819 I don't paint. 118 00:07:32,819 --> 00:07:33,449 I don't draw. 119 00:07:33,449 --> 00:07:35,879 I don't do anything of that, but I'm a community builder. 120 00:07:35,909 --> 00:07:37,889 That's my art I'm a community developer. 121 00:07:38,099 --> 00:07:47,129 And so I'm just going to try and build a bridge in this space and just try to make it both mainstream all while keeping in respecting the ethos of web three and the NFT space 122 00:07:47,699 --> 00:07:48,169 Alexis: Man. 123 00:07:48,359 --> 00:07:53,489 What's wild about this is even the full-time job of community managers. 124 00:07:54,719 --> 00:07:57,869 Barely existed 10 years ago. 125 00:07:58,604 --> 00:08:00,644 When, when you were getting started, I didn't exist. 126 00:08:00,704 --> 00:08:04,124 I remember hiring, I mean it, like, I remember, okay. 127 00:08:04,124 --> 00:08:09,134 2006, hiring Eric Martin at Reddit as community manager. 128 00:08:09,434 --> 00:08:12,074 Like we had to just make up what that role and responsibility was. 129 00:08:12,074 --> 00:08:14,744 It was basically like, make sure people are feeling good vibes. 130 00:08:15,224 --> 00:08:19,694 And, and eventually we started to understand, okay, here are some metrics, here's some goals. 131 00:08:19,694 --> 00:08:21,134 This is what a healthy community looks like. 132 00:08:21,134 --> 00:08:25,784 This is what good engagement is, but like that entire professional sector. 133 00:08:26,414 --> 00:08:30,854 Only got really developed in the last decade and now okay. 134 00:08:30,884 --> 00:08:45,794 People are realizing, okay, community teams are very important, yada, yada, yada, but, but, but, but there was a let's call it unprofessional way of doing community building that you and so many others were doing on these other platforms that you never actually got paid for. 135 00:08:45,794 --> 00:08:47,114 It, you weren't a full-time employee. 136 00:08:47,144 --> 00:08:50,714 You were, and you weren't a content creator in the traditional sense, right. 137 00:08:50,714 --> 00:09:12,849 You're not taking a selfie and hoping to make some money on the side with selling the right sugar water or whatever and yet like the craft, the art, as you said, is community building and what's wild is people only barely understood that as a career path, there are maybe little kids today who will understand that they could grow up and be full-time community managers tomorrow, just even the traditional 138 00:09:12,849 --> 00:09:13,889 Farokh: And get paid extremely well. 139 00:09:13,889 --> 00:09:15,539 Like I was a law school student, by the way. 140 00:09:15,539 --> 00:09:18,479 At the same time I was building my business like, and I saw the shift. 141 00:09:18,959 --> 00:09:21,839 It happened during this period of me being in law school, the whole shift. 142 00:09:22,889 --> 00:09:27,199 Alexis: So you left law school because you thought it was more lucrative to be a community builder? 143 00:09:27,199 --> 00:09:28,799 Farokh: It was already cause so basically one- 144 00:09:28,799 --> 00:09:30,689 Alexis: More satisfying or more, or just viable? 145 00:09:30,839 --> 00:09:36,719 Farokh: So in 2014, when I got into Instagram, I just did my homework and I started building my business in January, 2015. 146 00:09:36,809 --> 00:09:40,499 So I was one of these guys that was selling shout-outs and growing multiple pages. 147 00:09:40,499 --> 00:09:43,409 Like I was selling shots like Gary V back March, 2015. 148 00:09:43,469 --> 00:09:46,649 I mean like this, this type of people, like for growth can be services. 149 00:09:47,289 --> 00:09:49,669 Got my Instagram page to 2.5 million followers. 150 00:09:49,669 --> 00:09:55,759 I built the, one of the biggest luxury publications in the world, and it still does 150 mil impressions a month, except I don't run it since a year. 151 00:09:56,089 --> 00:09:57,619 I abandoned Instagram completely. 152 00:09:57,619 --> 00:09:59,329 I just made a move to web three. 153 00:09:59,479 --> 00:10:02,329 And so I was already an entrepreneur, but I stayed in law school. 154 00:10:02,329 --> 00:10:03,289 I mean, I have a Persian model. 155 00:10:04,289 --> 00:10:07,349 It's probably a lot because of that, that lasted so long for like four years. 156 00:10:07,791 --> 00:10:10,731 And so yeah, like really mostly because of that. 157 00:10:11,001 --> 00:10:14,181 And so it's funny because in Jan 17, I was in Bologna. 158 00:10:14,181 --> 00:10:16,101 I was doing a year in law school abroad. 159 00:10:16,371 --> 00:10:22,401 I came to New York to meet with G with Gary, and then in person, he offered me a job to move to New York for six months. 160 00:10:22,836 --> 00:10:30,336 And then that's when I realized, I said, if somebody like him realizes that someone like me has this value to bring this up to something good, that means I'm really up to something good. 161 00:10:30,336 --> 00:10:39,426 So I actually dropped out, like I was like, I didn't actually end up going to work over there, but I was like, that was like a signal for me that this is exactly where I need to be. 162 00:10:39,606 --> 00:10:44,286 And I was already making enough money that it was looking at people around me and the burnout and anxiety. 163 00:10:44,286 --> 00:10:45,636 And this is not like law school is not easy. 164 00:10:45,906 --> 00:10:46,266 Right. 165 00:10:46,386 --> 00:10:48,876 And so seeing all that, and I was like, this is not where I want to be. 166 00:10:48,876 --> 00:10:49,476 I'm miserable. 167 00:10:49,476 --> 00:10:50,106 I don't like it. 168 00:10:50,106 --> 00:10:52,246 I did an internship at 18 at a law firm. 169 00:10:52,596 --> 00:10:53,466 It wasn't for me. 170 00:10:53,706 --> 00:10:54,066 Right. 171 00:10:54,096 --> 00:11:01,266 And so I want it to be out there on social media, inspiring building, making money, helping people make money, just do my thing. 172 00:11:01,266 --> 00:11:06,456 And it was web 2 kind of help build a base for people like myself and community builders. 173 00:11:06,666 --> 00:11:18,021 But web three allowed us to actually turn this into something that's profitable, but also will help, like before I can inspire someone Instagram. 174 00:11:18,111 --> 00:11:27,741 So you have this like connection with people, but in web three, you can change a life financially and there's a different level to this, and I'm sure you're seeing it too firsthand. 175 00:11:27,741 --> 00:11:28,221 You guys. 176 00:11:28,461 --> 00:11:32,991 And it's just like, there's this different connection you have with people and it's really special here. 177 00:11:32,991 --> 00:11:35,751 Tiffany: Your story is just, so, is so incredible to hear. 178 00:11:36,201 --> 00:11:44,551 I mean, both of you guys took similar paths and almost becoming lawyers and like dipping out at the last minute to start companies. 179 00:11:44,601 --> 00:11:46,431 Farokh: Wait you too? 180 00:11:46,431 --> 00:11:48,141 I had no idea. 181 00:11:48,306 --> 00:11:50,466 Alexis: In theory, I was an aspiring lawyer. 182 00:11:50,466 --> 00:11:51,916 And then I walked out of an LSAT. 183 00:11:51,996 --> 00:11:54,726 So in order to get into law school here in the states, you got to take the LSAT. 184 00:11:55,506 --> 00:12:00,366 I made it 20 minutes into the test and I bailed and I went to go eat waffles. 185 00:12:00,486 --> 00:12:02,346 And I realized I didn't want to be a lawyer. 186 00:12:03,156 --> 00:12:05,236 And I needed to be an entrepreneur instead. 187 00:12:05,256 --> 00:12:06,576 And then I recruited my roommate. 188 00:12:06,576 --> 00:12:07,836 I was like, Hey, you can code. 189 00:12:08,106 --> 00:12:09,731 Like come on, I'm going to build a company. 190 00:12:09,791 --> 00:12:10,781 I need you to join me. 191 00:12:10,781 --> 00:12:11,651 Like let's do this. 192 00:12:11,741 --> 00:12:13,591 And the rest is history. 193 00:12:14,121 --> 00:12:16,661 Tiffany: That's how that's, how Reddit came to life. 194 00:12:16,811 --> 00:12:24,271 That's how popular websites came to life after you decided to not become a lawyer. 195 00:12:24,271 --> 00:12:25,201 Alexis: Thanks to waffle house. 196 00:12:25,201 --> 00:12:26,591 Farokh: Yeah, that's really cool. 197 00:12:26,651 --> 00:12:27,101 I mean, 198 00:12:27,191 --> 00:12:28,751 Alexis: I'm glad you saw the light to a man. 199 00:12:29,261 --> 00:12:29,831 Farokh: Thank you. 200 00:12:29,981 --> 00:12:30,401 Thank you. 201 00:12:30,401 --> 00:12:30,641 Yeah. 202 00:12:30,671 --> 00:12:32,321 I mean, it's, it's, it wasn't that hard. 203 00:12:32,321 --> 00:12:36,101 When I was looking around me and seeing what was coming out of Instagram, like just what we could build out of it. 204 00:12:37,371 --> 00:12:41,931 Tiffany: Farokh, you came from Tumblr to Instagram, to clubhouse, to Twitter today. 205 00:12:42,351 --> 00:12:57,711 Now across the past decade, almost I'm curious on how you've seen building community, changing across all these different platforms and how you've seen even just different types of social dynamics on these platforms. 206 00:12:58,041 --> 00:13:00,321 You've mentioned kind of web two versus web three. 207 00:13:01,101 --> 00:13:06,741 There's a reason why you completely abandoned Instagram and you're just fully on Twitter and Discord now. 208 00:13:07,001 --> 00:13:12,081 I'm so curious on what you've seen as the shifts across the years and how you've been spending your time as well. 209 00:13:12,141 --> 00:13:13,311 Building up these communities. 210 00:13:14,061 --> 00:13:15,171 Farokh: It's all platforms. 211 00:13:15,201 --> 00:13:20,451 If there's one thing I've noticed, like there's, it's the same secret across all of them is that there's no secret. 212 00:13:21,021 --> 00:13:30,471 And the secret is just consistency and just going at it every day, whether it was on Tumblr where the first two years I did nothing and grew 1k followers. 213 00:13:30,696 --> 00:13:33,066 Then in the last year, I was like, no, I'm going to do something. 214 00:13:33,066 --> 00:13:46,476 I built one of the biggest luxury platforms on there, or an Instagram where it started from zero to 10 million followers across pages in 24 months or Clubhouse or Twitter is just, I show up every day and I build an authentic manner. 215 00:13:46,656 --> 00:13:52,296 First of all, because being authentic is the best way to avoid any types of burnouts or anxiety or all that stuff. 216 00:13:52,296 --> 00:13:52,926 Cause you're not lying. 217 00:13:52,926 --> 00:13:54,456 You're just being undeniable yourself. 218 00:13:54,786 --> 00:13:58,296 So once you break that ice and you can be yourself comfortably on any platform changed. 219 00:13:58,296 --> 00:13:59,666 Now, the only difference is the medium. 220 00:14:00,306 --> 00:14:06,636 On Tumblr, we're posting these sort of like, oh, that's nice dog on Tumblr we're posting nice pictures and this and that. 221 00:14:07,116 --> 00:14:08,256 And, you know, connect with people. 222 00:14:08,256 --> 00:14:08,916 And that's it. 223 00:14:09,186 --> 00:14:11,766 On Instagram, you post photos, you connect with people through your comments. 224 00:14:11,766 --> 00:14:15,636 Remember the whole comment thing, thing to if like I was just commenting back replying to everyone. 225 00:14:15,786 --> 00:14:18,036 As soon as stories came out, I was on it. 226 00:14:18,156 --> 00:14:20,016 Like I w I used to be pretty big on Snapchat too. 227 00:14:20,016 --> 00:14:22,716 At some point I just pivoted to IG moved to stories. 228 00:14:22,776 --> 00:14:25,486 So I suppose it's just using the tools and the mediums that your given. 229 00:14:26,136 --> 00:14:33,606 Tiffany: I'm so curious on the tactical side as well, obviously like you have a lot of persistency and consistency. 230 00:14:33,876 --> 00:14:36,996 That is one of your most important kind of traits. 231 00:14:37,146 --> 00:14:43,176 I feel like you always show up every day and you always bring a very positive attitude to these platforms. 232 00:14:43,926 --> 00:14:47,016 That's literally what Farokh is good vibes in a human being. 233 00:14:47,076 --> 00:14:51,996 Besides that though, what were kind of the tactical things you've seen in growing on, on these platforms? 234 00:14:52,896 --> 00:14:59,016 Farokh: Engaging as much as possible with your community and the audience means being present for them, not just for yourself. 235 00:14:59,046 --> 00:15:07,236 Cause yeah, you just talking for, being present for yourself and be consistent every day, but it's just genuinely going out there and replying to people like how many people. 236 00:15:07,286 --> 00:15:19,806 Will tweet, but are not willing to reply to the tweets like them back answer people answered them DMS and put themselves out there, whether on Instagram or any platform, a lot of people go the first step of day, which is trying to put a quote cool tweet out. 237 00:15:20,016 --> 00:15:27,486 But not that many people are willing to actually put the time into building their own energy, their own audience. 238 00:15:27,486 --> 00:15:36,996 Because when you think about it, I used to do the same thing on, on Instagram, which I copied pasted methods Twitter, your audience is a living, breathing organism, right? 239 00:15:37,176 --> 00:15:40,926 A big one, but you don't reach out your entire audience with every post. 240 00:15:41,106 --> 00:15:48,846 So every single post, every tweet is its own also microorganism and micro entity within the larger one. 241 00:15:49,326 --> 00:15:53,016 So you have to, every single time you put something out there, follow up with it. 242 00:15:53,226 --> 00:15:55,446 It's not like yo Jim, why me and my friends and you're out. 243 00:15:55,476 --> 00:15:56,526 Like it doesn't work like that. 244 00:15:56,616 --> 00:15:59,556 You know, there's much more depth to it. 245 00:15:59,766 --> 00:16:12,956 Creativity and authenticity, people will be able to call it out very easily and web3 through even more than a web 2, but the importance just actually showing up for people and answering them, you'd be surprised how many people would be just grateful for you to acknowledge them. 246 00:16:13,566 --> 00:16:14,436 And it's important. 247 00:16:14,436 --> 00:16:14,676 Why? 248 00:16:14,676 --> 00:16:18,486 Because people value time as much as people may believe that or not. 249 00:16:18,846 --> 00:16:24,996 And you liking a comment means you've read it and you've given them that couple seconds or minutes in their time. 250 00:16:25,236 --> 00:16:26,616 And it can mean the world for someone. 251 00:16:26,766 --> 00:16:27,566 And I've seen that first. 252 00:16:27,576 --> 00:16:29,976 I know on Instagram, you're like someone's comment or post on stories. 253 00:16:29,976 --> 00:16:30,996 Thank you for liking. 254 00:16:32,301 --> 00:16:34,341 You know, it's just, it means a lot for people. 255 00:16:34,341 --> 00:16:43,461 So sometimes as a creator and a community developer, you have to put yourself from the other side, understand that people really expect more of you than just putting something out there. 256 00:16:43,461 --> 00:16:46,641 They want to be part of what it is that's going on. 257 00:16:47,391 --> 00:16:58,101 Tiffany: I pretty much almost always like replies on my Instagram or, or tweets sometimes I'll reply and anything that's like a negative comment. 258 00:16:58,101 --> 00:17:04,401 I won't engage, but like, pretty much, if you say something that's like a nice enough comment or helpful or insightful, I'll like engage with it. 259 00:17:04,491 --> 00:17:10,461 It's just about building these long-term relationships and engaging with people who are willing to give their time to you. 260 00:17:10,581 --> 00:17:12,531 Like they deserve to have a reaction. 261 00:17:13,311 --> 00:17:14,061 Farokh: Yeah, they do. 262 00:17:14,211 --> 00:17:15,591 These are people that follow you everywhere. 263 00:17:15,591 --> 00:17:16,431 They support you. 264 00:17:16,581 --> 00:17:19,551 Some people I saw my Twitter has been following me since seven, eight years on Instagram. 265 00:17:19,581 --> 00:17:22,041 Like, yeah, like they don't have to do that. 266 00:17:22,101 --> 00:17:23,061 They don't have to like me. 267 00:17:23,061 --> 00:17:25,071 There's so many people like me, but you know what? 268 00:17:25,071 --> 00:17:28,101 Like they decided to, to, to follow me in my ventures. 269 00:17:28,101 --> 00:17:33,381 So the least I can do for them is like, try to, you know, acknowledge them at least. 270 00:17:34,771 --> 00:17:35,431 Alexis: I love that. 271 00:17:35,431 --> 00:17:36,991 And you're making me feel guilty now. 272 00:17:37,081 --> 00:17:40,831 I feel like I get back to a couple of people in their replies, but I needed to be doing so much. 273 00:17:41,871 --> 00:17:42,501 Farokh: You're good. 274 00:17:42,501 --> 00:17:44,231 You're you're I mean, come on, like. 275 00:17:44,231 --> 00:17:49,401 Tiffany: I go in and like replies to Alexis is tweets that are regarding our podcast. 276 00:17:49,671 --> 00:17:54,891 Farokh: I go every tweet, every tweet, after a few minutes, I go and I just chain like people's replies. 277 00:17:55,401 --> 00:17:57,711 And I try to read a few and retweet a few and answered. 278 00:17:57,711 --> 00:17:58,251 So a few buttons. 279 00:17:59,001 --> 00:17:59,901 It's not for everyone. 280 00:17:59,901 --> 00:18:00,621 It's a lot of work. 281 00:18:00,621 --> 00:18:08,781 It takes a lot of time, but like, that's what I love doing personally and everything we're building, even a Rug Radio, like lives on Twitter right now with our audience Discord in our community. 282 00:18:08,781 --> 00:18:11,301 So it's like, it's, it's important that we do it. 283 00:18:11,361 --> 00:18:14,811 It's like literally like one of the most important things to do to engage with people. 284 00:18:15,821 --> 00:18:19,811 Tiffany: It's so simple, but like most people just don't want to put the it's just time. 285 00:18:19,871 --> 00:18:20,021 Farokh: Yeah. 286 00:18:20,031 --> 00:18:20,561 Like anything. 287 00:18:20,561 --> 00:18:20,951 Right. 288 00:18:21,191 --> 00:18:23,411 TIFF like most people just aren't ready to go. 289 00:18:23,411 --> 00:18:26,081 The extra mile, that extra mile with community building is actually. 290 00:18:28,086 --> 00:18:35,886 Alexis: Look, you, you spend your time and you put your attention in the places that matter to you and it's work it's effort. 291 00:18:36,376 --> 00:18:53,942 Like anything you can't expect to get better at video game, unless you put in time, you can't expect to get better at quilting unless you quilt and you put in the time you can't expect to develop a community unless put in the time to build community, to engage, to do all this stuff. 292 00:18:53,972 --> 00:19:00,872 And I get it, especially right now, you know, community was already becoming very popular. 293 00:19:00,962 --> 00:19:15,642 I've been ranting and raving about minimum viable community for a little bit now, but NFTs in particular took it to another level because people could instantly see the potential for value creation for wealth creation for, for things that are good things. 294 00:19:16,007 --> 00:19:22,127 You know, people, people who are now early to the right communities even get rewarded for being early and in quote-unquote. 295 00:19:22,127 --> 00:19:22,727 Right, right. 296 00:19:22,727 --> 00:19:32,777 That's, there's tremendous value to being one of the first people to get into hip hop and spread the word about hip hop that never normally got collected by the people who actually helped create culture. 297 00:19:32,807 --> 00:19:33,047 Right. 298 00:19:33,047 --> 00:19:41,957 Time and time again, that was never possible NFTs fixed that, but it also attracts a lot of people who just want to earn a quick buck and. 299 00:19:42,647 --> 00:19:44,117 You know, ghost and disappear. 300 00:19:44,207 --> 00:19:50,357 How do you think this, the, the broader ecosystem is going to evolve especially next year when Coinbase gets into this? 301 00:19:50,357 --> 00:20:01,817 When I think we're going to see even more people thinking about talking about engaging in NFTs, how do you think the immune system responds to even more kind of grifters and rug pulls? 302 00:20:04,087 --> 00:20:12,637 Farokh: You know, like anything, like even outside of web three, there's a bunch of scams, a bunch of scammers that come to trust my Instagram, where we were like, just five of us build the Instagram pages in 2014, Alexis. 303 00:20:12,637 --> 00:20:16,017 Like I was building Instagram pages where they used to tell me I was an idiot. 304 00:20:16,477 --> 00:20:19,087 Like it's, you're almost not part of anybody's marketing plans in 2014. 305 00:20:19,637 --> 00:20:21,437 And like they were saying I'm stupid. 306 00:20:21,767 --> 00:20:26,297 But through time we saw how many, even the word influencer wasnt in the dictionary. 307 00:20:26,317 --> 00:20:27,347 Remember when it got coined in. 308 00:20:27,677 --> 00:20:30,197 And so like the Merriam-Webster made a whole thing about it. 309 00:20:30,197 --> 00:20:30,437 Right. 310 00:20:30,587 --> 00:20:35,627 And so, you know, it was just the same thing as web 2 Alexis on Instagram, all of a sudden there's gurus. 311 00:20:36,047 --> 00:20:42,317 Like all of a sudden it's people that know everything about social media sell you fricking courses on build community and like, no, yo just follow Alexis Ohanian. 312 00:20:42,317 --> 00:20:44,027 I'm sure he has a podcast that you got for free. 313 00:20:44,237 --> 00:20:48,302 So, so the thing is, but the same thing is gonna come. 314 00:20:48,312 --> 00:20:50,132 The web three is already coming. 315 00:20:50,132 --> 00:20:51,002 It's going to NFTs. 316 00:20:51,002 --> 00:20:51,752 There's gonna be grifters. 317 00:20:51,902 --> 00:20:55,922 But the beauty of web three is like no other space. 318 00:20:56,192 --> 00:20:59,102 It weights the negative out so quick. 319 00:20:59,432 --> 00:21:09,152 You've seen whether it's celebrities or regular people that, you know what I mean by that it's like all sorts of people come in and get pushed out by the core committee and by everything. 320 00:21:09,152 --> 00:21:09,392 Why? 321 00:21:09,392 --> 00:21:12,032 Because they did not care for the very community. 322 00:21:13,367 --> 00:21:16,457 I started nine months ago, which is like, like 10 years in this space right now. 323 00:21:16,457 --> 00:21:18,167 Like, especially the speed with which is going. 324 00:21:18,977 --> 00:21:22,307 And like, there's a lot of people that started sitting around same time as me. 325 00:21:22,307 --> 00:21:25,997 I'm already not seeing part of the ecosystem because they just got weeded out. 326 00:21:26,027 --> 00:21:27,977 There's a lot of people that come in and just get out. 327 00:21:28,007 --> 00:21:40,647 So I'm not worried about that because I'm so locked and loaded, focused like tunnel vision, almost on the good and the power of the people are elevating the people that are good. 328 00:21:41,097 --> 00:22:02,762 Which is why we're building Roberto as a platform in launchpad to build multiple community builders, developers, hosts, creators artists in the space and elevate them so that once those people come you're going to have no choice, but to look towards these people that are doing good, because they're the leaders paving the way the trailblazers paving the way for the people that are coming. 329 00:22:02,762 --> 00:22:09,812 So our goal is really to build this attention machine where people are gonna be like, wow, like I want to go towards music NFTs. 330 00:22:09,842 --> 00:22:11,522 I'm going to listen to these kind of people. 331 00:22:11,732 --> 00:22:17,102 I want to listen to this sports NFT, psychedelic NFTs, fricking any sort of thing. 332 00:22:17,612 --> 00:22:20,522 That's where I go and listen and educate myself. 333 00:22:20,522 --> 00:22:25,337 So I'm not- there's going to be a lot of people coming, especially web tool platforms, pivoting, right. 334 00:22:25,337 --> 00:22:34,727 I'm sure Meta has a move for NFTs in 20 21, 20 22 Twitter already spoke about Ethereum wallets that's public knowledge, you know, as commented to Twitter as well. 335 00:22:35,027 --> 00:22:36,557 I mean, it's inevitable. 336 00:22:36,737 --> 00:22:41,117 I believe that like my, my theory is we're 10x-ing by this time next year. 337 00:22:41,147 --> 00:22:43,727 Not financially, I'm talking about attention and people coming in. 338 00:22:43,967 --> 00:22:48,677 So let's say I have 150,000 followers I'm going to hit that maybe today or tomorrow on Twitter. 339 00:22:48,947 --> 00:22:50,807 It's probably going to be 10 X that next year. 340 00:22:51,047 --> 00:22:54,047 That's why I'm seeing happen with like the amount of people are coming in. 341 00:22:54,047 --> 00:22:56,597 Even at the end of this year, it's like racing to get in 2021. 342 00:22:57,047 --> 00:22:58,887 And so I'm more focused on that. 343 00:22:58,917 --> 00:23:02,307 I think it's on us like myself, you TIFF. 344 00:23:02,667 --> 00:23:08,457 And everybody that's really like building right now in this space to work on tools, to educate the masses that are about to come. 345 00:23:08,667 --> 00:23:10,857 That's mainly what I'm focused on right now. 346 00:23:11,487 --> 00:23:12,597 Tiffany: What do you want to be known for? 347 00:23:13,407 --> 00:23:13,887 Farokh: I just. 348 00:23:15,252 --> 00:23:18,792 The same thing you say by me, like to life you're like, yo, he was like good vibes. 349 00:23:18,822 --> 00:23:22,152 Like that's, that's like, I want to be known for like what we're building right now. 350 00:23:22,452 --> 00:23:25,526 I'm funny in the position Alexis of like the founder, right. 351 00:23:25,526 --> 00:23:29,246 With rug radio, and we're building like the first, fully decentralized web media company. 352 00:23:29,246 --> 00:23:30,546 That's governed by DAO. 353 00:23:31,016 --> 00:23:36,176 And it's going, gonna be owned by the people and the creators and the listeners like actually owned by the creators and listeners. 354 00:23:36,641 --> 00:23:39,041 And so that's, my legacy is what I'm going to leave on this earth. 355 00:23:39,041 --> 00:23:45,596 And like in a few years, like, I don't even have to even like be there building is barely being built by the people and owned by it. 356 00:23:45,596 --> 00:23:47,936 That's that's that means I'll be successful in life. 357 00:23:47,936 --> 00:24:01,676 So why we just want to be known for, for the guy that gives good hugs and as just vibes myself, like, you know, like I'm 27, I'm a kid, I get to jam and vibe with people like yourself and like just grow and build with some really incredible people now, which is a blessing. 358 00:24:01,766 --> 00:24:03,026 It doesn't feel real, honestly. 359 00:24:03,026 --> 00:24:04,946 Like it's really new to me. 360 00:24:04,976 --> 00:24:07,556 So this like is quite insane and overwhelming at times. 361 00:24:08,486 --> 00:24:24,486 If I can just be your own for the guy who really helped like be voice and the face for NFTs and web three and elevate communities, especially you know, like all sorts of communities, including minorities to change the past and what the mistakes we've done, a web one and what two, then I'll have them. 362 00:24:25,606 --> 00:24:26,086 Tiffany: I love that. 363 00:24:26,146 --> 00:24:31,576 I asked that because you're talking about, there are certain people to follow around music NFTs or specific category. 364 00:24:31,576 --> 00:24:36,346 So I was just curious on how you wanted to think about your long-term branding in the space as well. 365 00:24:36,346 --> 00:24:43,756 Cause I know you're very thoughtful about how you position yourself, how you brand yourself, even down to kind of your bio and things like that. 366 00:24:43,876 --> 00:24:48,286 Farokh: So yeah, just like, you know, it's funny cause on Instagram and that's why you started with that. 367 00:24:48,286 --> 00:24:51,676 It was a CEO of everything it's just because, and that's the joke, right? 368 00:24:51,706 --> 00:24:54,586 Obviously it's like, I want to be the CEO of good vibes. 369 00:24:54,586 --> 00:24:55,436 I'll be CEO of good vibes. 370 00:24:55,456 --> 00:25:14,866 I want to be a CEO of like, I dunno, like Twitter space, VCO, Twitter spaces, like co like, you know, there's that, like, I think that as an entrepreneur, we wear many hats and of course it's good to be focused on one thing you build and you explode and then, you know, you can move on to the next few things, which is what I'm doing now, but like, for just in general, being more of the people that really changed the world. 371 00:25:14,866 --> 00:25:20,146 Like, and I mean, that really, like, it's not just like, oh, somebody put on a postcard, like, that's it, you know? 372 00:25:20,176 --> 00:25:22,516 And it's happening slowly, like in New York. 373 00:25:23,491 --> 00:25:43,564 And the NFT week, I think I was talking at the same time as you Alexis actually, but I kind of stopped, but it's it's just, just seeing people come and say, like, I listened to you, you made COVID the pandemic easier to live with or someone saying they met their brother again and started being friends again because of our clubhouse rooms and spaces or people connecting with themselves. 374 00:25:43,564 --> 00:25:49,474 And this feeling like inspired or changing their lives financially because they heard me host a board room on May 1st. 375 00:25:50,024 --> 00:25:52,334 $400 and now they made $2 million. 376 00:25:52,394 --> 00:25:52,994 True story. 377 00:25:53,114 --> 00:25:54,974 It's just like, it's, it means a lot. 378 00:25:55,034 --> 00:26:05,984 It like straight up like in New York after my speech, like I just like when the head in the quarter it started crying, like, cause it just like, it felt so good, like for the first time in years, because it's crazy what's happening right now. 379 00:26:06,434 --> 00:26:12,584 I hope a lot of people listen to, as I get into the space lives are being changed, like it's really crazy. 380 00:26:12,824 --> 00:26:14,234 Tiffany: It's such an exciting space. 381 00:26:14,804 --> 00:26:14,924 Yeah. 382 00:26:16,709 --> 00:26:22,079 We're so lucky to be able to be building and doing things in web three full time. 383 00:26:22,409 --> 00:26:22,649 Farokh: Yeah. 384 00:26:23,069 --> 00:26:23,729 It's a blessing. 385 00:26:23,759 --> 00:26:25,439 I hope everybody moves to web three. 386 00:26:25,589 --> 00:26:27,179 I hope everyone moves to web. 387 00:26:27,179 --> 00:26:30,959 Tiffany: People will, it's just a matter of time and we're just trying to shorten that time frame. 388 00:26:31,469 --> 00:26:33,459 Farokh: It's that's why like what's Alexis. 389 00:26:34,769 --> 00:26:35,279 Exactly. 390 00:26:35,339 --> 00:26:42,789 It was cool with web three allows us like it's it allows, and you touched on that for being an early adopter or a participant in something to get rewarded. 391 00:26:43,384 --> 00:26:50,854 And so anyone in one building where three, you can go and try and participate in give of your time and your expertise, like what we're building. 392 00:26:50,854 --> 00:26:55,534 Like you want to make memes and get paid, to make things we'll pay you to make memes straight up. 393 00:26:55,564 --> 00:26:55,954 And you know what? 394 00:26:55,954 --> 00:27:01,684 That's one of the most important jobs, literally like you want to host a show, we'll set you up with a team over there. 395 00:27:01,744 --> 00:27:02,584 We'll push your show. 396 00:27:02,584 --> 00:27:03,154 We'll launch a show. 397 00:27:03,154 --> 00:27:04,324 We'll create, you want to build a brand. 398 00:27:04,324 --> 00:27:05,554 You wanna be an artist or be creative. 399 00:27:05,554 --> 00:27:06,994 You're anything you want. 400 00:27:07,024 --> 00:27:10,924 Like one of three, literally like allows that it's crazy. 401 00:27:12,109 --> 00:27:13,279 I hope everybody wastes up to it. 402 00:27:13,459 --> 00:27:14,209 Cause it exists. 403 00:27:14,329 --> 00:27:27,349 Tiffany: I want to talk about memes and how your background can memes and curating things and like trends leads to you being really good taste-maker and collector and web three 404 00:27:28,079 --> 00:27:30,409 Farokh: Elons tweet last year or something. 405 00:27:30,409 --> 00:27:32,659 When it says memes on the universe, he will control the means. 406 00:27:32,659 --> 00:27:34,789 control of the universe is more than a tweet. 407 00:27:35,069 --> 00:27:36,539 It's very deep actually. 408 00:27:36,854 --> 00:27:39,194 Because when I started making memes like. 409 00:27:39,320 --> 00:27:40,281 Kids high school. 410 00:27:40,281 --> 00:27:49,761 Like I saw it just me, like it was something that attracted the masses and people could associate to me, like for every reaction or feeling now you have a meme for it, you know? 411 00:27:50,211 --> 00:27:56,581 And in this space, especially like a lot of things that become memes like one of the biggest themes of all crypto is the dogecoin. 412 00:27:56,601 --> 00:27:56,871 Right. 413 00:27:57,621 --> 00:27:59,601 It was a meme and then blew up right. 414 00:27:59,601 --> 00:28:02,091 Then you're seeing a lot of means blow up also in the space. 415 00:28:02,290 --> 00:28:08,990 In web three and NFTs, I think they've impacted like everyone's lives and the way that's on the internet, like for meNFTs. 416 00:28:09,040 --> 00:28:10,660 And that was my thesis early on. 417 00:28:10,720 --> 00:28:15,730 When I started understanding it is you have crypto OGs, which is not me. 418 00:28:15,730 --> 00:28:20,230 It's like all the people that have been in Bitcoin in 2013, you heard ETH early ICO or whatever. 419 00:28:20,500 --> 00:28:25,690 And then you have internet kids, which is where I stand because I'm an internet kid that just met. 420 00:28:25,900 --> 00:28:30,670 Like, it's like the mix of the two of them that started this visual evolution, this revolution. 421 00:28:31,375 --> 00:28:38,455 But the first form of it is NFTs, which is being shown through art, which is the most beautiful form of self expression. 422 00:28:38,725 --> 00:28:50,215 So like you have a bunch of internet kids and people that have been living in like video games and crypto on social Twitter, there's that have been making memes as a vehicle to like push, like to express themselves. 423 00:28:50,965 --> 00:28:55,445 And that are now creating generational wealth through those memes. 424 00:28:55,825 --> 00:28:58,535 And there'll be able to like really just build things out of them. 425 00:28:58,535 --> 00:29:01,225 So like Rug Radio it's a meme. 426 00:29:01,240 --> 00:29:05,380 Like it's just a massive meme being actually built, like it's called Rug Radio. 427 00:29:05,650 --> 00:29:10,750 And so the other day, like even my, my, my girlfriend's father asking me like, yo, like why Rug? 428 00:29:11,080 --> 00:29:18,325 And I had to explain the Rug Pull, pulling the rug on someone in crypto, and then it evolves to just like, oh, If someone wants- 429 00:29:18,355 --> 00:29:25,545 Tiffany: You should explain that here, you should explain the name and the origin and the whole meme around rugs. 430 00:29:26,185 --> 00:29:28,735 And you've been robbed every time you're on Twitter spaces 431 00:29:30,375 --> 00:29:35,485 Farokh: So a rug pull originally is a very negative, like very like bad connotation to that. 432 00:29:35,545 --> 00:29:36,535 I'm not a cryptologist. 433 00:29:36,545 --> 00:29:42,025 I would try to explain as well as I can, but getting rug pulled like there was an ICO boom, in 2017, you'd put your money in the project. 434 00:29:42,115 --> 00:29:43,345 They would pull the rug under you and steal. 435 00:29:44,155 --> 00:29:46,225 So it's actually a pretty bad thing getting ruffled. 436 00:29:46,705 --> 00:29:52,465 And, but the thing is, it became kind of like crypto slang, like NFT web three, like Twitter slide to get rugs. 437 00:29:52,705 --> 00:29:58,555 And so when Twitter spaces came out after clubhouse, their technology was like, not that good. 438 00:29:58,555 --> 00:30:03,295 Actually two days ago it was hosting 2100 people for the MP3 serum, Chubb from the boy yacht club. 439 00:30:03,295 --> 00:30:08,695 And they rugged us like the Twitter space just ended on us when early on I was hosting Twitter spaces for lethally. 440 00:30:08,695 --> 00:30:10,885 See, like, and I still do it, but like six, 12 hours a day. 441 00:30:11,525 --> 00:30:12,155 Nonstop. 442 00:30:12,155 --> 00:30:18,575 Like I run marathons, we get rubbed like four or five times an hour and I would come back and I would come back and I w I didn't care. 443 00:30:18,575 --> 00:30:19,625 I would just start the space. 444 00:30:20,045 --> 00:30:21,575 My audience would get slashed in half. 445 00:30:21,695 --> 00:30:22,205 I don't care. 446 00:30:22,205 --> 00:30:26,525 I would just start over and, you know, it would reset the room and we made memes about it in a joke. 447 00:30:26,525 --> 00:30:33,690 And one day I'm like, you know, I'm going to call it Rug Radio and it get sponsored by Dyson, you know, cause rugs and stuff. 448 00:30:34,290 --> 00:30:39,610 And so we finally got the email from Dyson, but the thing is, it started as a meme as a joke. 449 00:30:39,640 --> 00:30:40,780 Cause like Rug Radio. 450 00:30:41,050 --> 00:30:41,950 It's so catchy. 451 00:30:41,950 --> 00:30:55,870 When you think about it though, like people love Rug Radio, because it's like what started as a big joke on a Twitter space because one night I rented for on September 19th of this year, three months ago, we run a 12 hour long space and we got ruggedmaybe 30, 40 times. 452 00:30:55,870 --> 00:30:56,350 I'm like, Hey. 453 00:30:57,220 --> 00:31:00,700 We'll call it Rug Radio, and let's build a decentralized web three media company out of it. 454 00:31:00,700 --> 00:31:01,240 While we're at it. 455 00:31:01,240 --> 00:31:06,580 We have so many big brains in this space and all of a sudden this guy's like I volunteer to be that person. 456 00:31:06,910 --> 00:31:08,080 I want to be creative director. 457 00:31:08,470 --> 00:31:09,820 I want to do the tokenomics. 458 00:31:10,060 --> 00:31:10,810 I want to do that. 459 00:31:11,260 --> 00:31:12,070 We built a team- 460 00:31:12,200 --> 00:31:15,340 Tiffany: Everyone was volunteering to be so many different things. 461 00:31:15,340 --> 00:31:15,850 You've got all. 462 00:31:17,740 --> 00:31:21,580 Farokh: 300 people applied to work for Rug Radio with Rug Radio. 463 00:31:22,210 --> 00:31:24,790 And I haven't even made the form public yet to the Discord. 464 00:31:24,790 --> 00:31:27,010 As 20,000 people were just 3000 people back then. 465 00:31:27,130 --> 00:31:30,400 Cause I still have to go through 300 forms and people that wanted to work with us. 466 00:31:30,700 --> 00:31:38,050 And so what's crazy is we actually, what started as a meme, we built it and we did it and we launched it and was funny. 467 00:31:38,050 --> 00:31:44,740 And you guys are going to see on the one 11, I showed the one when this recording goes out, but on January 11th, it was just coming out. 468 00:31:44,740 --> 00:31:46,910 But maybe it'll have come out by the time. 469 00:31:46,910 --> 00:31:50,920 The 20,000 NFTsare actually modeled after like Persian rugs. 470 00:31:50,980 --> 00:31:51,610 I'm Persian too. 471 00:31:51,610 --> 00:31:52,210 So it just helps. 472 00:31:52,600 --> 00:31:57,580 And it, and it's hilarious and they're beautiful and the artwork is incredible, but it's not even an art project. 473 00:31:57,820 --> 00:32:00,850 It's a utility project, but it had to have good art. 474 00:32:01,060 --> 00:32:04,990 And it's very like memeable because, you know, that's, that's what gets shares. 475 00:32:04,990 --> 00:32:06,940 That's what gets, this is what people want to collect. 476 00:32:06,940 --> 00:32:07,720 That's what people love. 477 00:32:07,720 --> 00:32:12,130 So I think, you know, that's how it started and, and, you know, it's, it's like a meme ecosystem. 478 00:32:12,130 --> 00:32:14,470 Like we're going to have a market for memes as well. 479 00:32:14,470 --> 00:32:15,550 Like it's just like, why not? 480 00:32:16,390 --> 00:32:18,940 They literally run the internet. 481 00:32:20,140 --> 00:32:23,140 Tiffany: How is Rug Radio going to work? 482 00:32:23,440 --> 00:32:26,530 Farokh: So basically the way it works, it there's a lot going on. 483 00:32:26,530 --> 00:32:27,280 Yeah, there's a lot. 484 00:32:27,550 --> 00:32:34,180 So what's cool is we have all like infographics and, you know, recordings and this and that, that are coming out with to show everybody exactly how things worked. 485 00:32:34,180 --> 00:32:38,770 But basically we manage to fully decentralized the way we're building this, which is really cool. 486 00:32:39,100 --> 00:32:53,665 And so basically you have Rug Radio, which is, you know the brand and it's going to be governed by DAO the Rug DAO, within the rug that we're going to have the Rug Bag, which is going to generate the Rug Token on a daily basis, over the span of five years, going to almost all the tokens. 487 00:32:53,815 --> 00:32:57,025 I'm not a tokenomics expert that smell she's a genius. 488 00:32:57,025 --> 00:32:59,065 I found her on that space as well. 489 00:32:59,155 --> 00:33:00,795 She built the entire backend infrastructure. 490 00:33:01,645 --> 00:33:07,915 It's a slow release on purpose so we can respect the true decentralization of it and really put, our community first, which is super important. 491 00:33:08,185 --> 00:33:15,175 And so it's really cool the DAO is going to be governed by first by council and then the artists, the tech team that I've helped it. 492 00:33:15,385 --> 00:33:17,185 And then by its actual people. 493 00:33:17,185 --> 00:33:17,545 So that. 494 00:33:18,235 --> 00:33:34,465 First we released 20,000 membership passes for free, with low gas, which was really cool because the cynical Dowty managed to lower the guests down to all the way to $10 for some people minted, depending on price gwei, which is really cool because I think that it's on the founders nowadays to really work on lowering the gas fees. 495 00:33:34,465 --> 00:33:35,445 Like we know. 496 00:33:36,230 --> 00:33:37,340 We can't fix it yet. 497 00:33:37,520 --> 00:33:39,380 So figure it out and fix it for your community. 498 00:33:39,410 --> 00:33:40,250 Like it's all new now. 499 00:33:40,280 --> 00:33:46,850 Like when I see a project, like $500 gas, I'm like I'm out because he didn't care enough because the truth is there are protocols. 500 00:33:46,850 --> 00:33:48,410 There is the tech now to work on it. 501 00:33:48,410 --> 00:33:52,190 So we managed to do that thankfully for us and the kids that were incredible people. 502 00:33:52,520 --> 00:33:54,520 And so basically it's 20,000 memberships. 503 00:33:54,880 --> 00:34:06,055 So 19,000 go to the public a thousand will go to the DAO and then on January 11th, 2021. 504 00:34:06,115 --> 00:34:08,665 So 1/ 11/ 22 going to love the numbers. 505 00:34:09,005 --> 00:34:32,971 They they're also a big part of the space too, but on 1 /11 /23, 19,000 people will be able to meet the one in FTE goes is max one per wallet for .11 ETH, which is so one past equals one Rug Genesis NFT, and then a thousand of them will go straight to the DAO and out of the 19,000 that people are paying for more than 50% of the total amounts of the first sales go directly to the DAO. 506 00:34:33,261 --> 00:34:45,051 And I was, that was a very important part for me because most of the projects you've seen come out in the last year the founders taken a hundred percent of primary market and the secondary goes to a DAO or whatever to community, but like, I don't think it's fair. 507 00:34:45,051 --> 00:34:50,316 Like, why do you need to get 2, 3, 4, 5, 8, 10 million, $20 million. 508 00:34:50,316 --> 00:34:51,156 But what have you done? 509 00:34:51,156 --> 00:34:52,716 Like, what are you doing for this space yet? 510 00:34:52,896 --> 00:34:57,996 I think as a founder, you have to put in a Dow so I can help serve the community and build the actual project. 511 00:34:57,996 --> 00:35:06,756 So with what we're building and also instills a lot of confidence in the project, people will see a treasury with like four to $5 million to pay the price of ETH right into the project. 512 00:35:06,966 --> 00:35:10,026 And then you calculate taxes, paying the team, this and that. 513 00:35:10,026 --> 00:35:12,036 So part of the blockchain saw public. 514 00:35:12,186 --> 00:35:13,326 This is how it's going to run TIFF. 515 00:35:13,326 --> 00:35:29,196 Like people would have to member passes to be accessed to ecosystem, and then they're going to have the Rug cause you don't burn the pass you keep your Rug, which depending on scarcity will yield a different amount of Rug Token that is directly airdropped into people's wallets on a weekly basis. 516 00:35:29,316 --> 00:35:31,806 So they don't even have to claim it or waste gas on that. 517 00:35:32,076 --> 00:35:38,076 There's a whole system set up to directly airdrop it to people which incentivizes the holding a long time. 518 00:35:38,226 --> 00:35:49,851 Because once you get to 1800 rug tokens, you can go to the Rug Bank and exchange it for a DAO token, which has ownership in the company so you have a saint into the whole rug radio ecosystem, but there's going to be a, it's a utility token. 519 00:35:49,861 --> 00:35:51,201 So there's going to be a lot attached to it. 520 00:35:51,201 --> 00:35:56,571 Of course, that'd be a whole bunch of brands would be incubated built within web three within the Rug Radio ecosystem. 521 00:35:56,571 --> 00:36:20,256 You're going to be able to use Rug Token with that can buy art memes like so many different things that are yet to come, because the reason why we decided to build this, like instead of just being me for real I think trying to help my community is like, we can have like a hundred of me that are all using Rug Radio as a launch pad and an ecosystem as an incubator and accelerator to build their own brands because we're armed them with all these tools, they pay nothing. 522 00:36:20,856 --> 00:36:25,416 And then they're going to be able to go out there and educate the masses about web three. 523 00:36:25,716 --> 00:36:27,366 And this is exactly why we started that. 524 00:36:27,636 --> 00:36:35,036 It was one night, that one that we talked about earlier, I'm on spaces for 10 hours and someone, my community Discord writes damn. 525 00:36:35,036 --> 00:36:39,171 I wish I could stay listening, but I have to go back to my shitty $11 an hour job tomorrow. 526 00:36:39,291 --> 00:36:41,931 Like word-for-word the person said that, so it doesn't come from me. 527 00:36:42,321 --> 00:36:53,031 And I was like, whoa, like how can I create something so that they can spend 10 hours on my spaces, learn, educate themselves, but also get rewarded for that, right? 528 00:36:53,091 --> 00:36:54,561 Because time is money. 529 00:36:54,591 --> 00:36:57,051 And like, you need to put food on your table and a roof over your head. 530 00:36:57,051 --> 00:36:57,981 Like, let's be honest. 531 00:36:57,981 --> 00:37:00,121 Like you need a cell phone to get on spaces right. 532 00:37:00,141 --> 00:37:08,361 So like you got to pay those bills, but there's so much interest in where we have a lot of people still have that barrier to entry, which is their actual regular lives. 533 00:37:08,361 --> 00:37:08,661 Right. 534 00:37:08,661 --> 00:37:15,561 Like it was just talking to a teacher and she's like, well, if I can find a way to like, get out of that and to educate in there, but get paid for it. 535 00:37:15,711 --> 00:37:17,631 And I'm like, yeah, this is exactly what it is. 536 00:37:17,871 --> 00:37:22,101 Because if I told you that you get paid to stay in school, you probably would've stayed at school. 537 00:37:22,311 --> 00:37:24,441 Well, not you specifically, but a lot of people, right. 538 00:37:24,561 --> 00:37:28,746 It's like learn to earn, participate to earn I don't like the word anymore. 539 00:37:28,746 --> 00:37:35,796 I think we're getting rid of it and web three, but consume to earn just for people to understand better where they're necessarily web three native, but even that. 540 00:37:36,336 --> 00:37:52,416 And so if we can tap into the Twitter ecosystem at first and try to, you know, especially cause they're like puttingEthereum wallets and all that, and try to reward our people in our community for just being, just being, they can get rewarded, just holding a token, just holding the passes of the Rugs you get rewarded. 541 00:37:52,626 --> 00:37:55,356 But if you want to help we're building tools and protocols. 542 00:37:56,211 --> 00:38:01,701 We're going to put, be able to put pledges out for people to take jobs and get rewarded and ETH and Rug token as well. 543 00:38:01,851 --> 00:38:08,571 So basically it's just an incubator, creator, fun, frickin everything at once for everybody in the web three space. 544 00:38:09,081 --> 00:38:10,971 And we had to build it because we're from the community. 545 00:38:11,031 --> 00:38:12,201 So it has to come from us. 546 00:38:12,621 --> 00:38:16,131 We have to do it, or someone else will, and they may not have the right intentions. 547 00:38:16,131 --> 00:38:16,461 Right. 548 00:38:16,581 --> 00:38:29,571 And it like says, it's like, like you said, a lot of people are going to come in and I don't know what intentions they'll have, but I know my intentions and that the intentions of the team is surrounded with and our communities are a really good, even Ginger agrees, right Ginger? 549 00:38:32,271 --> 00:38:33,351 Ginger says, yes! 550 00:38:33,351 --> 00:38:34,851 Alexis: We love when pets are involved. 551 00:38:34,971 --> 00:38:35,801 Hey, Ginger. 552 00:38:36,351 --> 00:38:40,221 Tiffany: The future, the future of media right here laid out right in front of us. 553 00:38:41,601 --> 00:38:44,271 Farokh: Right there, straight up, like it's like, it's, it's crazy. 554 00:38:44,271 --> 00:38:45,231 Like, I can't believe we're launched. 555 00:38:45,231 --> 00:38:46,461 Like it's, it's really unreal. 556 00:38:46,551 --> 00:38:47,061 It feels good. 557 00:38:49,091 --> 00:38:59,411 Tiffany: I'm excited for, for this next year for a Rug Radio, as you go and build it all out, launch it in January, it's going to be an absolute blast. 558 00:38:59,531 --> 00:39:00,911 Farokh: I'm excited for everyone, honestly. 559 00:39:00,911 --> 00:39:07,691 Like what I, what I think, you know, what you see in 2021 is nothing next to what we're about to see in 2022, like we're hitting the masses so hard. 560 00:39:07,991 --> 00:39:09,851 Like some people say we might not still be early. 561 00:39:10,521 --> 00:39:15,621 We're still very early in terms of the understanding of what three and you know, like people actually getting it. 562 00:39:15,831 --> 00:39:17,361 I mean, you've seen it on Twitter recently, right? 563 00:39:17,361 --> 00:39:21,201 The whole thing with Jack and Milan and this and that, and people and records they were and all that. 564 00:39:21,201 --> 00:39:28,401 So that goes to show us how early we are when there's still these conversations going around, which are good. 565 00:39:28,491 --> 00:39:42,866 I'm happy this is happening because wept is all about conversation, which is why it's important to have Twitter space and all that because they allowed conversation flow and or podcasts like this, you know, but it's we're, we're, we're early, but we're almost there. 566 00:39:43,496 --> 00:39:45,686 Alexis: What's it going to take for you to come back to Clubhouse? 567 00:39:45,926 --> 00:39:47,576 What would it take for you to come back to Clubhouse? 568 00:39:48,146 --> 00:39:48,626 Just curious. 569 00:39:49,376 --> 00:39:50,006 Farokh: The community. 570 00:39:51,146 --> 00:39:57,356 I'll go wherever the community goes like tomorrow, the whole NFT space says, yo, we're going to this platform I'm out. 571 00:39:57,476 --> 00:39:59,456 And that's what happened with me and Clubhouse. 572 00:39:59,696 --> 00:40:11,231 It was nothing personal, or I talked to Paul about that, but it's just like, it's a really tough conversation because genuinely love Clubhouse from the bottom of my heart and the technology they've built is beyond anything. 573 00:40:11,471 --> 00:40:13,361 I could have 200 people on my stage. 574 00:40:13,391 --> 00:40:17,561 We did it once with the apes who are doing ape sounds and like reading rooms was hilarious on May 1st. 575 00:40:18,191 --> 00:40:21,611 And by your first ape .2 ETH and sing, oh my God, are we going to flip them for 0.3? 576 00:40:21,611 --> 00:40:27,279 Now its like 60 ETH but it's, it's the big early, like just being in the right room at the right time. 577 00:40:27,519 --> 00:40:31,434 But it's Clubhouse had everything going on for themselves, right, Alexis. 578 00:40:31,434 --> 00:40:46,284 I mean, I see, I saw you on there quite a few times and it had the best creators and the best clubs and the best people and everything was rolling but I feel like Twitter, like probably just had the people on there and I've had that conversation a lot with people. 579 00:40:46,284 --> 00:40:47,574 Cause it was tough for me to move. 580 00:40:47,754 --> 00:40:56,244 And I was one of the first bigger club households to completely shift if not one of the first, like really one of the first one, because I started really, it's just like, people don't want to go on another app. 581 00:40:56,394 --> 00:41:01,554 People want to go on an app where they can actually interact with each one another on the same app. 582 00:41:02,004 --> 00:41:07,224 You know, they don't want to quit and go and click on a tweet and then go on Instagram and going there. 583 00:41:07,464 --> 00:41:13,104 They want to stay on their ecosystem and then maybe for some people it's the doxing thing or the fake names. 584 00:41:13,104 --> 00:41:19,644 Like our space is a lot about identity and having your own secret identity. 585 00:41:19,644 --> 00:41:21,144 I think you speak about that a lot, right? 586 00:41:21,144 --> 00:41:22,014 Alexis like you're right. 587 00:41:22,254 --> 00:41:23,604 Alexis: Identity is a big deal. 588 00:41:23,664 --> 00:41:24,114 Yeah. 589 00:41:24,114 --> 00:41:30,684 I am one of my big bets, founding Reddit, even 16 years ago, I had an investor ask, like, what's the thing you believe about the world that nobody else does. 590 00:41:31,164 --> 00:41:37,944 And it was that people would care as much or more about their pseudonym, their made up name than their government name. 591 00:41:38,494 --> 00:41:42,219 And never, is that more obviously true than, than right now in web3. 592 00:41:43,439 --> 00:41:47,999 Farokh: I'm just, Farokh like there's no, that you can find my last name is everywhere on my social media. 593 00:41:48,599 --> 00:41:51,299 It's just Farokh all my usernames, everything. 594 00:41:51,299 --> 00:41:53,429 Like, it's just this who I am. 595 00:41:53,639 --> 00:42:02,189 And like a lot of people, like, obviously I know a lot of the collectors and face those spaces that are anon, but because we've met in places and they're still stinging on, right. 596 00:42:02,189 --> 00:42:08,154 They're there, but they're like, So they can be like chill, relax, and they have their audience on Twitter. 597 00:42:08,364 --> 00:42:09,524 And I think that's what happens. 598 00:42:09,524 --> 00:42:11,364 So what would it take for me to go back on there? 599 00:42:11,364 --> 00:42:18,644 Like, I don't know, like every time I go, I open the app and I'm like, all right, let's bust out a room open. 600 00:42:18,654 --> 00:42:19,674 Let's just run with it. 601 00:42:19,674 --> 00:42:27,804 Like I'm like, but I can spend the same two hours on Twitter and maybe grow my audience there and this network effect. 602 00:42:27,804 --> 00:42:29,994 And like, you know, I don't know. 603 00:42:30,444 --> 00:42:31,674 It's a really tough question. 604 00:42:33,954 --> 00:42:35,154 It's where it all started though. 605 00:42:35,184 --> 00:42:37,794 Like, you know, it's because of Clubhouse. 606 00:42:37,794 --> 00:42:42,624 I wrote that yesterday because it was my one year starting my first room where I had two listeners for six hours. 607 00:42:42,774 --> 00:42:48,594 So I think people should really, I hope people caught on to that because a lot of people would quit at two listeners and then we did it. 608 00:42:49,194 --> 00:43:05,435 And and you know, it's just, they started something which then there's Discord stages, Twitter spaces, green line, or green room on Spotify, whatever that was all because of this effect, that Clubhouse created and it's important to acknowledge that. 609 00:43:05,435 --> 00:43:19,125 But sometimes I guess, I don't know if it's about being, is it, I mean, you would know better than me, but sometimes being first and having the best tech is good, but having maybe a less, better tech and more bigger communities. 610 00:43:20,995 --> 00:43:22,835 Alexis: It definitely depends in this case. 611 00:43:22,835 --> 00:43:28,055 It's like, if what you're building is just a feature, then you're in a dangerous territory. 612 00:43:28,535 --> 00:43:38,645 And so folks who have the distribution can copy that feature executed a little better and because people already have you know, a following there's a, you know, the switching cost issue. 613 00:43:38,975 --> 00:44:09,605 It makes people want to stick around where they already are, but obviously web three also fixes this because if everything is happening on an open ledger, you have, you know, the, the OpenSea OpenDAO phenomenon was amazing, maybe because you're, you got a glimpse into what can happen in the future where a new team can show up with something pretty compelling and instantly incentivize all of the like power users of another platform pay attention somewhere else to become a new community somewhere else to hit that minimum viable community overnight. 614 00:44:09,635 --> 00:44:11,015 And it'll be interesting. 615 00:44:11,015 --> 00:44:24,275 I don't think anything particular about OpenDAO it's just that proof of concept now is just one more example of how the power is going to continue to be held by the community and then the individuals that they want to talk about and celebrate. 616 00:44:25,595 --> 00:44:39,430 Farokh: Well, I can tell you right now that the goal for Rug Radio over the span of a certain amount of time is to build our own decentralized social media platform where everybody's going to be able to go own it and consume and educate and build on like people asked you, yeah. 617 00:44:39,460 --> 00:44:42,100 Phase one, your immediate platform, your social media. 618 00:44:42,100 --> 00:44:43,450 I think this is phase one. 619 00:44:43,720 --> 00:44:45,310 We're launching the media platform. 620 00:44:45,310 --> 00:44:52,450 We're building the community, but the second we have a million people that are part of the community and the funds and the team that you can build. 621 00:44:52,660 --> 00:44:56,800 You can easily roll that out into building your own planet. 622 00:44:57,500 --> 00:45:02,150 And I think that the current web two platforms should pay more attention to that they already are. 623 00:45:03,140 --> 00:45:04,040 They've always reached out. 624 00:45:04,710 --> 00:45:15,770 It's really cool because we get to work with these platforms now and really elevate, well, three, like I'm in a position where I can say, yo, like, I think you guys should do this better or that better work on this and that to really focus on that community. 625 00:45:15,770 --> 00:45:23,810 Cause there's something going on here that you don't want to miss the boat, but the future, in my opinion, is a platform called XYZ. 626 00:45:25,555 --> 00:45:35,425 That everybody owns and can participate in, you know and like, I think the idea was very good. 627 00:45:35,755 --> 00:45:36,745 I ventured there. 628 00:45:36,895 --> 00:45:39,835 Of course, my curious nature, you have to venture everywhere, especially in this space. 629 00:45:40,265 --> 00:45:44,255 There's a good idea with the wrong execution, right? 630 00:45:44,795 --> 00:45:54,285 But once you have the right idea and the proper, nicely done execution, not a company where 80% of tokens are owned by VCs and this, the VCs are not bad. 631 00:45:54,375 --> 00:46:00,975 That's not what I'm saying is they should not own everything everybody's on web three is this we're all on the same level. 632 00:46:01,095 --> 00:46:05,835 Me, you Tiff the new person that comes in as we're talking, or the person has been there for four years. 633 00:46:05,835 --> 00:46:06,375 I don't care. 634 00:46:06,555 --> 00:46:08,265 Like it doesn't matter OG new, whatever. 635 00:46:08,265 --> 00:46:09,215 We're all on the same. 636 00:46:10,765 --> 00:46:11,635 That's what three. 637 00:46:11,755 --> 00:46:17,035 So the next platform is going to pop and the one where everybody starts here and gets reward the same amount and is building that's. 638 00:46:17,035 --> 00:46:21,035 What we did with Rug Radio is that we went straight to our community with 19,000 fam lists. 639 00:46:21,055 --> 00:46:22,975 Like we call it fam lists the presale, right? 640 00:46:23,395 --> 00:46:29,545 And then that's where we went, because we could have gone the traditional more web2 route of trying to raise money, this and that. 641 00:46:29,545 --> 00:46:32,005 There's nothing wrong with that because you need money to build. 642 00:46:32,605 --> 00:46:36,415 But I rather do it from within the community give ownership to them because these other people. 643 00:46:37,750 --> 00:46:42,130 That helped me get to even 150,000 followers in the first place to get to where I am now. 644 00:46:42,760 --> 00:46:55,150 So they should be the people rewarded first because the other entrance can enter at stage two and still a afford too and still see a massive gain in resolve even financially speaking right on their public market once everything's out there. 645 00:46:55,540 --> 00:47:02,380 And what's cool is that once they, these people enter, at least I know my community gets the buyout, which is the most important thing to me. 646 00:47:06,160 --> 00:47:06,430 Alexis: Hell. 647 00:47:06,430 --> 00:47:06,640 Yeah. 648 00:47:08,200 --> 00:47:12,610 Farokh: And if someone's not community centered, it gets, seems very quick on Twitter, especially like 649 00:47:13,060 --> 00:47:14,200 Tiffany: It's very obvious. 650 00:47:14,350 --> 00:47:16,810 It's so obvious to read right through it. 651 00:47:17,050 --> 00:47:17,290 Yeah. 652 00:47:17,560 --> 00:47:19,780 And people like that come and go. 653 00:47:19,940 --> 00:47:26,470 We're just going to, so as a final question Farokh, if you're stranded on an island, what NFT would you bring? 654 00:47:26,470 --> 00:47:28,660 It can be your collection or any NFT in the world. 655 00:47:30,580 --> 00:47:32,050 Farokh: I have to say... 656 00:47:32,830 --> 00:47:33,730 One NFT only? 657 00:47:35,565 --> 00:47:38,985 Tiffany: You can do one NFT from your collection, one NFT, any, any collection, 658 00:47:40,085 --> 00:47:44,685 Farokh: I'll go for my collection, but some strength, but what am I going to do with the NFT on an island? 659 00:47:45,284 --> 00:47:49,064 I'll take my Cool Cat because I'm a Cool Cat and my Cool Cat is me. 660 00:47:49,394 --> 00:47:56,394 I have many of them, but it's the one that I use as my avatar, which is my identity if I had to go all the way down to one cat, it would be this guy. 661 00:47:56,424 --> 00:47:57,234 Cause I just love it. 662 00:47:57,564 --> 00:47:58,494 It's this guy right there. 663 00:48:02,584 --> 00:48:14,154 He is this web three as it gets like a, with a tactical VAs, rainbow head in the unicorn and the guy like this makes no sense to some people, but it's just amazing. 664 00:48:14,844 --> 00:48:16,374 Tiffany: I love your cats so much. 665 00:48:16,404 --> 00:48:17,224 Farokh: I love my punk. 666 00:48:17,224 --> 00:48:17,954 I love my ape. 667 00:48:18,024 --> 00:48:22,644 I love my other NFTs and the art, but my Cool Cat is really like. 668 00:48:23,769 --> 00:48:24,309 It's me. 669 00:48:25,329 --> 00:48:27,549 I know you like him, you guys both like it. 670 00:48:27,609 --> 00:48:36,039 We're just, you know, I have a bunch of them and, and I just love the project, but again, another power of web three is what drew me to them in July. 671 00:48:36,459 --> 00:48:41,739 When I first saw them under one eighth is like the community again, a community is only as good as their leader too. 672 00:48:41,739 --> 00:48:44,769 So you're looking at the artists and the deserts are amazing people. 673 00:48:45,069 --> 00:48:48,669 You're looking at the community being burst or wholesome, and people want to help one another. 674 00:48:48,999 --> 00:48:51,049 It makes everybody wants to get into NFTs. 675 00:48:52,164 --> 00:48:54,204 And there's so many of those communities, I'm just mentioning this one. 676 00:48:54,204 --> 00:48:58,944 Cause I'm obviously I've been into it hardcore, but like there's a lot of them being built. 677 00:48:58,944 --> 00:49:05,034 So everybody should just wander around Twitter streets and like Discord servers and just like go and find something. 678 00:49:05,034 --> 00:49:15,714 But yeah, definitely the island, you know, on my islands, my Islands .xyz. 679 00:49:16,254 --> 00:49:21,619 Tiffany: Thank you so much for joining us Farokh. 680 00:49:21,959 --> 00:49:26,429 This was a lot of fun and excited for next year with you. 681 00:49:26,999 --> 00:49:27,629 Farokh: Thank you guys. 682 00:49:27,689 --> 00:49:28,859 I'm excited with you guys too. 683 00:49:29,009 --> 00:49:31,379 We're going to change the world from probably nothing.