Tellor community call 21092021

This is a fully written version of the Tellor community call from last week with some polishing. The call itself can be found on this link: https://youtu.be/7WyrP74QbOw

Nick: Hey everyone, welcome to Tellor community call! Today is September 21st! Should be a good one! Quick announcements, as you guys know we’re doing a bizdev call today, but on the dev side just kind of to keep you all up to date we made a new poll into Telliot, so update your index.json. So, at request of the other big thing going on right now, which is the request of the Ample team. If you guys saw we opened up a governance proposal into Ample Forth part due. So, we shall be trying to become their third oracle. It’s super exciting, so we’re talking with their team and their community, trying to just show them why it makes a little bit sense for them. Definitely go voice your support, there’s a forum, even if you guys just want to go say like; “wow this looks like such a great idea”, or go like thumbs up, like the post or something to make sure it gets to the top and people see it. Those are all great things you can do. Anyway! That’s kind of about it from the dev side we’re still deep in dev mode on Tellor X and things are going along great. So, Mike off to you!

Mike: And make sure you check out we have some new content that Nick put out on oracle extractable value, like and share it and give us your opinion, you know, chime in, let us know what you thought about the article, if you have any questions, just engage with us about the topic. If it’s over your head in any way. 

Nick: Yeah, and also Brenda and I went on a podcast last night. We’ll share with you guys when we get the link, it was more on like a soft, “what’s it like being a crypto founder story” type thing and so it was fun. And then next week I’m doing a meetup up here in Maryland. Of course, it’s virtual sadly, but I’ll be giving a presentation on the Oracle landscape, so just comparing the different oracles and going over Tellor and answering some questions, so we’ll send that link out, I think that’s next Monday, as well. Lots of fun stuff!

Mike; Cool! So yeah, I mean just to kick this off, I think our goal was to have an open-ended conversation about all forms of bizdev for us which is marketing outreach, acquiring users, integrations, and things like that. Just for sort of having like a transparent internal conversation about it and you know, ideally, we would have more community members involved in the live version of this conversation and hopefully we can move more towards that in future versions of this. And by no means should this be the first and last version of this something could be quite regular. That we could start doing it, but it starts with doing the first one.

Nick: Yeah, and to kind of kick off, do you want to give like a summary? I think there’s two pieces: what’s kind of the goal of our bizdev strategy. Like who are we trying to outreach to and also what have we done. We’ll talk about what we might want to change.

Mike: Yeah, I think it’s a good, it’s a great place to start there too, because there’s a bit of a transition happening around the sort of focal point of who we’re talking to. So up until now the focus has been on acquiring users and by no means are we shifting that focus, and I’ll get to that in a second, but it’s about messaging towards projects that need oracles and projects that also value censorship resistance and decentralized protocols that sort of jive with us in terms of our sort of values around the way we built Tellor and the way we bring data on chain. I mean this, just that’s the real, simple task at hand from the bizdev perspective is how can we get more people using the product that we’re building.

Nick: And I’d say you have two potential targets, there’s like really you have the token holders as well; so, you know we usually don’t like to talk about them as far as people we generally target, but if you know if it’s ChainLink or any oracle project, you have two sort of main groups that you target towards and it is: users and holders.

Mike: Yeah we’ve sort of  purposefully not marketed towards the holders and that’s been like the big point of contention with like  our marketing has been that we have avoided doing those things as both a matter of aesthetics and also like a strategic, we have a strategic point around doing that because we think one is very short term focus and it builds a different type of community than the long game that we’re playing and the type of community we want to foster is a different set of people but that’s an open-ended problem because you can’t ignore this the speculator class is such a massive part of crypto that it’s hard to ignore it and so there’s still an open sort of internal and external discussion we’re sort of always sort of you know checking our polls about that topic and I think.

Nick: Yeah well, I think from the beginning we had always said we don’t want to play the games of shilling fake things to grow investors or you can see the Cardano marketing class of you making these amazing claims that you’re going to be doing amazing things just to get investors on board and you know we had always said you want to sort of start on getting users and then you put information, you try and educate them. So you want to be all of the rage because you are all of the rage. Users should come first and then you have a good press release and good sort of exposure and good education around that. Around your product you know so educating the space on why we’re the best oracle out there. Has always been kind of our focus.

Mike: The way we’ve been talking about it lately has been, if you build it, they will come the sort of field of dreams analogy like being that if we build the best oracle we can build and we gain users, the traction with the speculators and investors will come. That leads to a much more stable long-term project than if you sort of build a really high market value and you have a ton of people trading your token but you haven’t nailed the product and user part yet. And you’ve also seen that like the projects that raised a ton of ICO money and so they sort of got to the finish line before they ever had to prove anything or build anything and we, you know just to remind you guys, we came out of the very fresh post-ICO era and the way we thought about launching Tellor and building Tellor from the very beginning was like we’re not going to be that at all costs and we’re sticking to that but. Just to talk about like who we queer market to.

Nick: I mean what have we done so far? You know like what have we tried in the past? So, people know I think, we’ve done hackathons, sadly by the time we actually got a marketing budget it was probably this time last year. It was the first time we actually had any sort of tangible you know more than t-shirts for the team type of budget. And so, we’ve sponsored a few hackathons, we’ve sponsored a re-imagined conference. What else have we done? Spuddy has ran a few twitter competitions to pass out t-shirts and things like that you know those are smaller of course.

Mike: Well early on we did AMAs and we did...

Nick: We did lots of AMAs because those were free...

Mike: Because they were free or they cost like 200 dollars or something like that. What we noticed just going way back and talking about the AMAs, what we noticed about that it was kind of hard to tell how effective they were because they were free and they only took an hour of our time. We continued to do them because it didn’t hurt but the results I would say weren’t really there.

Nick: I mean we can move into that now too. What have we found results with. Because I’d say there’s results at getting users and so you know we all just be honest. It’s come a lot slower than we would have hoped. It’s coming but you know who have been wins in the past and we can look at what’s worked on them. We’ve had wins like the original win I would say. So, if you guys knew we had a pull request and Compound in what was that 2019 December? Then it was almost gone through and then their CEO shot it down.

Mike: Did we also have one with Gnosis as well? Were really excited about that.

Nick: Yeah, you know how both of those ones came up. It was Brenda and I flew out and met the team San Francisco. You know that we met the Compound guys out in San Francisco and then same with the Gnosis people. So, we were friends with the Gnosis people from our time in Berlin. So, those were very hand-holdy things. I guess you could say and then that’s been almost the most of what’s worked so far, I would say because then you have, aside from any little projects that’s just used for a brief period of time, you have Liquity. Liquity is the weird one actually. So how Liquity found us was they kind of found us looking through our technical docs. They’re very, very technical it wasn’t any sort of marketing we did it was almost just like they did deep research in the space which was cool. And then I would say like so you have Rie. Rie is actually similar to Liquity I would say.

Mike: Because they came to us.

Nick: They came to us. So, Rie the big reason they had heard of us is because they stole JG, our former employee, so if we have to train you guys and ship you off to other protocols to get integrated, we’ll just be a dev training shop. But no, in all seriousness, it’s great that they heard about us that way but it wasn’t like anything we did necessarily on the bizdev side. And then there’s Ample. Who it looks like we were doing well with but I mean Ample’s like a two-year long process, we’re basically best friends with these guys at this point. You know we’ve met them all several times in person and they were still trying to close it. And then one other on that we could point out would be the Ricochet project. We’ve had like Ricochet, Komodo or all of those projects with Mike. But that’s another one where we trained him into a good sensei as far as from the beginning of his crypto journey, he’s been with Tellor.

Mike: You know and I don’t know what’s going to happen with Xfill as one that looked like it could be a win it’s still open.

Nick: The Xfill a no just they got they kind of got engulfed by synthetics.

Mike: That was a small victory, they were from a hackathon. They’re Synthetics developers and these people are credible talented developers; they’re going to be in the space for a while and this might be a seed planted that might come to fruition later and maybe not with this specific expo project because it was a hack and who knows where it’ll actually go you know, maybe not go anywhere and just a synthetic thing. I remember in that conversation with them, they were like, they stumbled upon us because we sponsored one of the hackathons and they obviously won bounties and prizes as well. They learned about us through that and that’s exactly the result that we want to get from sponsoring these hackathons is; have talented, credible developers find us that way, and that’s the best way to sort of shill ourselves. Through this non-shilling process of actually having technical discussions about integrating and it establishes this relationship and this credibility when you get to really talk and that’s kind of how we establish a rapport with Ample as well. We were just talking about our projects in a sort of one-on-one way and you get to. We Remember our impression with Ample was they’re serious people, they think they’re asking all the right questions and they’re cool, they’re doing things the right way. And they felt the same way about us. We just, our goal is to find more of those people and establish relationships with them.

Ryan: I think that’s an interesting point too. It’s like the conversation around oracles themselves has been very kind of broad. The technical people are kind of looking for those details that kind of get brushed over just in the grand scheme of crypto in general when you talk about oracles, it’s such a small niche that the conversations and the technicality of it when you can dig into the nuance aspects of, I think that really gets the builders and the developers on board.

Mike: Yeah, and I think you bring up a tangent to top goal, not really a tangent but another topic.

Ryan: Sorry to re-route!

Mike: How to compel developers from, how to seduce them instead of in a way that to think of their oracle integration isn’t just a means to an end to get this data in their protocol to then do what the protocol does. It’s actually really cool to get your data this way because of how Tellor oracle puts data on chain, it’s neat and so sometimes we’re still struggling with getting that... I don’t think we’re struggling we just really sort of have begun to wrap our head around, like hey this is something we should really try and do is sell people on how cool this is.

Nick: Yeah, I’m wondering where have people stopped with the integrations. You know it’s not like we’re having a whole lot of ux failures. A lot of me would say like oh we need to double down on documentation because it’s too hard for people to integrate. I would say that’s actually not the problem when it’s not like we’re having people start integrating and they’re just doing it wrong and they can’t figure it out and they fail. That’s not really happening you know, we’re not even getting them to that point I would say. Like the xFil guys, the Rie guys, the Liquity guys. They told us they were integrating us and sent us the integration code and we helped them fix it a little bit but they had no issues. I don’t even think any of them read our documentation to be honest. They just like looked at the community code and the repo and like tried to figure it out themselves which is you know the power the super user.

Mike: Such a developer type of thing to do right. I’m going to ask for any help.

GA: It seems to me like the hump is in a way like ideological versus technical. There comes a point when the trade-offs or what we prioritize as a product. It comes to a point where some users say this is very good but ideologically, we just don’t align in that way or there’s some limits that we prioritize in how we build security and also our approach to decentralization that other people say you know this is very good but it pushes the limits of what we need for our product.

Mike: Like the mcdex integration is a good example of that. They wanted it so fast so un-realistically fast it was just really cost prohibitive and it was just “did you guys even think this through”?

Nick: I mean they went with the centralized oracle.

Mike: Because their protocol acquired a centralized oracle in a sense because any other option was just impossibly expensive.

GA: Even the Ample build I think can be a little bit like this. In the sense you know Teliot as a client is something that essentially says we want to submit values. How people see fit right but there’s sort of an element of we want to enter Ample wants to integrate us but in a way that compromises a certain sort of decentralized integrity that we want to maintain and you can see that in how you know the emphasis on this subjectivity of the price has to be so like minimal that in to the point where like a very degree of like centralized handholding has to be done.

Nick: Well, I think they’re yeah, to be fair like if you’ve been following in their discord, their community seems to be getting on them about that a little bit. Which is good.

Mike: Like hey how you guys calculate this data.

GA: But it’s tough I mean one thing that I really like and it comes with its caveats is like the biz approach of like meets like we really try to find we advertise ourselves in such a way that clearly communicates that we work really well with other projects that see things how we see them ideologically.

Nick: Yeah, but I mean at the same time we I want to be like you know the end goal too is to not have to in a minimal way have our values sort of reflected in which projects we use. You know like use this like you know if somebody wants to put on tally’s thoughts on chain and that’s what they want the oracle to put on yes, it’s centralized and we can tell them it’s a bad idea but you know like it’s said if you want to do it, we shouldn’t be the technical limitation that prevents you from using an oracle definitely.

GA: Yeah, it should also be cautious about the degree of like self-selection that creates as a barrier.

Nick: For sure. Yeah, I mean mcdex was actually a good one because I would say like another project, we sort of failed on was like the dydx one.  Which you know so they had kind of come to us initially and then eventually ended up using Maker’s oracle. I think they’re sort of a special case because most people can’t use Maker’s oracle, they just sort of have an in there but you know and it’s on arbitrum that’s different issue too. I mean the dydx thing I think that had more to do with just personal relationships in a lot of ways. Which at the same time we should be sort of open to that because there’s not a whole lot of projects in this space and I think how you handle the personal relationships as far as it used to be, like Mike we had talked about this you know whenever we got finance as an investor it used to be. The crypto sphere was broken down in segments. There were the San Francisco vc projects and the New York vc projects and the Asia guys who nobody talked to and then you know there was the Chicago guys who had radar relay and you know was what Barry SIebert’s group and then all the projects you had like Xerox versus Air Swap was like New York or SF or whatever and you know it was these very broken-down segmented projects and you had these little clicks forming. I think there might still be some of that just underlying you know, as far as the LINK community protects LINK projects and then whether it’s certain if you’re vcs is pushing you towards one of oracle versus another like how do we sort of overcome those effects. It makes it really tough.

Mike: Well, so that goes into the whole if you build it, they will come thing is like how can we make Tellor undeniable? Even to the point where you know this sort of mpc influence is mitigated or you start to win them over too because we’re just so undeniable as a project.

Nick: Yeah, but I think like getting users it’s like just getting over that hump initially to be like the standard. Because like you see we’re talking about the Ample guys, and I don’t like the way this dispute process works and you know they’re giving us critiques on token weighted voting on governance and you know they’re valid critiques there’s a million valid critiques on governance system. Any governance system you put up is going to have its flaws. But it’s sort of this false equivalence because they’re comparing us to ChainLink and they’re a centralized oracle. You know like there is no dispute mechanisms for those two. Why are you even giving us a hard time, at least you’re introducing some sort of dispute mechanism. So, it’s not like they’re you know... the mental gymnastics, I guess. Not like we’re being fairly compared in a way or it’s not even an argument or undeniably more decentralized than LINK and they’re centralized oracle. That’s like how do you convince a project that maybe just doesn’t care, or maybe this is what we’re actually testing out. This was one of our early advisors like you guys are actually testing out the hypothesis that people care about decentralization and their oracles. How do we make people care about it in the broad sense?

Mike: That goes back to reminding people that what we’re doing is really cool here and I think just to reiterate it is scarce, there’s some scarcity around projects that are legit in general in crypto, it’s a much smaller world than you guys might realize and then within that there’s a niche for projects that are also legit and then sort of care about decentralization and it’s our job to find them and we are doing as best we can to in a covid world it’s a little bit tougher but to be out and going to these events and sponsoring these events and meeting them and we’ve noticed a ton of steam built up over the last two years in that regard. But just to draw a line and just sort of leave that aside for a second. There’s a whole other area that we could focus a lot energy around in the sort of in between time in the meantime while we still these seeds that we’ve planted and are planting eventually boom when it comes to users which might be a slow burn there it’s proven to be slower than we want it to be. But there’s this whole other subset of users that we could turn around and that’s the sort of internal user to use that broadly, which is our community. And I think we began to see this and I think there’s a ton of marketing energy and bizdev energy if we think of our community members as users, as somebody to put bizdev efforts towards. To grow this community to be as exciting and as robust to be part of, and I think Tellor X is a huge launching point for those efforts to grow our network of data reporters, to grow this as a dao. I think if Tellor this sort of decentralized community no matter what it is we do, like oracle aside, if Tellor is a cool place where cool things in crypto are happening, I feel like this is something that will be attractive to a lot of developers out there into. I think we can gain steam just from that reputation alone. I think from then on that will sort of transition to acquiring more people that are sort of open to building on us. I think that we haven’t really sort of we’re just recently wrapping our heads around that like hey we can actually think of bizdev more than just user acquisition but about like growing this community. I think it’s a lot more fun. There’s a lot more to do, there’s a lot more, it’s not scarce, it’s a lot more abundance out there in terms of people that are getting into crypto that find these things neat.

Nick: I mean on the user piece though; you want to make sure that it’s like I always hate whenever you go to a community and there’s these community specific people in there. It seems like a closed club at all you know like the fanboys of a given project. Whether it’s you see them like the people with otta on their twitter handles or something and you can laugh at them, but it’s because you want tit to be much broader than just Tellor so you have to make sure it is much broader than just Tellor. Because we fit withing a certain ecosystem and we plug into different projects we are like our own ecosystem and things like that but what’s a cool community you guys would want to be a part of would be the question who do you think is doing it right there.

Ryan: I was going to say that my experience in the amp before community was, I enjoyed that when we threw that proposal out, it was really cool to see the engagement of these members to kind of throw out some really you know thoughtful disagreements or just discourse in general I thought that was really powerful to see and I think people look at that when they look into a community see how much price talk versus actual technical talk is going in these chats. 0I thought that was a cool example of a good pulse.

GA: Sometimes I think even Eth in general is like a really good community to model at a higher level. Sometimes I feel surprised that there is, it feels unprecedented for something on the application layer of Eth to try to like model the approach to community that Eth itself takes and that’s something that I think could really be possible for us especially like the direction that we take in our emphasis of decentralization.

Nick: What role do they take?

GA: I think credible neutrality? In a broad sense. One thing that really comes to mind to me is one of the first things that I encountered when I started as an intern here was like I went up on ether online and I watched a talk by NEAR protocol and NEAR protocol was you know as we know is a competitor to Eth but if eth online, which is sponsored by the Eth foundation. You know it invited its own competitor to speak at its own conference and beyond that it’s like Eth has no, we understand daos is like a lot of the time is hard coded like pieces of code that people participate in softly on the shelf but the more I think about Eth it’s like very much like even without that a hard-coded dao structure it very much functions in that way in terms of the very different ways that people get involved either technically or non-technically. So, it would be I don’t know if that’s specific enough but that’s something.

Nick: I mean if you look at what tangible actions, this is what ideally, I’d love to come out, what sort of tangible things we can do. It’s versus just like the feeling of how we sort of award things which is important and you know I think we’ve done a lot on the branding. Early on that’s like a lot of people point to like Eth you know we’ve talked about it in the past year, you had good consensus. Who bootstrapped a bunch of big projects and you had basically paid for a while bunch of things to get kickstarted on Eth and then you also had Vitalik for instance lived on a couch for four years. He travelled to every meetup he could. Same with a lot of those early guys like Joe Lubin was talking to everyone. They were spreading the word and obviously they had a boatload of money. So, it wasn’t like not that we could necessarily replicate it to that scale as far as like oh we’re going to fund every project that comes our way that’s awesome. There was a lot of hustles there as well.

GA: The specific piece about being a personable evangelist I think would be really helpful. Being that person who can show up to the hackathon and look someone in the eyes and communicate why we think like decentralization is beautiful it would be really cool. We probably touched 12 minutes ago.

Sean: What I think you guys get, you bring up a good point it’s sort of I mean not to make it simple but it’s sort of about making friends with everyone, like every single project even whether whatever we think of it, it doesn’t matter but because I think there’s that technical hump which you said but before that there’s like the trust factor and sort of familiarity that takes a little bit of time. And having that credibility and just openness.

Nick: What do you think we should do from there like a marketing perspective here we just have all of our employees we dedicate you guys like an hour a day you have to go make friends?

Sean: Yeah, go make friends!

Nick: Yeah, like we could. I mean it might work.

Mike: Yeah, that’s not unprecedented. We might not have the personnel to sort of really make that a reality right now.

Nick: Should we want to that can be a bounty like just like a friendly person.

Sean: I mean if it is, it starts with us. Because we’re more familiar I guess than a lot of people, but say we try it for a week or two and if it doesn’t if we’re bad at making friends then we figure something else out.

Mike: It’s kind of like we want to do the anti-ambassador program that you typically see in crypto which is you hire people that are speculators of your coin to then go and hop into other communities and be friendly but you’re really just shilling like the token action or whatever but this would be doing it from like an actual a non-cynical approach. Actually, wanting to share and make a difference and I think that there’s definitely something we can do I mean I think that again just to repeat I think that speaks to making Tellor our community something really special and tangible. It’s hard to describe but when you show up there, you’re treated a certain way we’re doing things a certain way and I think that becomes undeniable. It’s just like telling you it’s you experience of just being in the eth community it’s something that people now can talk clearly about because it’s so large enough that enough people have shared that experience that it’s really tangible. But I think we have to start there and trying to make Tellor that a small version of that. I think if we get too tall like I could be wrong and I also share opposing opinions to my statement right now but like if we focus too much on the result of getting a user then we the danger is you can start to assess well there’s something wrong if we’re not getting that user across the line and what so it’s you’re coming from this perspective of okay something’s wrong and we have to then start flapping our hands in the wind and like you can start to mess things up and maybe the reality is actually that we’re doing nothing wrong, we’re doing everything right it’s just a longer game than we wanted it to be. So, I just think I try to keep that in mind not that we should not try to get users it’s just about like that perspective.

Nick: You want to make sure that you keep the pipeline full if you will. You can because there’s one thing about you have, you’re slowly getting users even if you’re getting like one a quarter like that could be that would be just fine if you’re if you’re getting decent size users once a quarter it’s just like you know making sure that it’s not drying up and maybe you know or it’s not like you don’t hit any sort of roadblocks along the way and why isn’t it coming in. Would be the question.

Mike: I think ultimately we need to find more ways to be to get the word out there about who we are and to go into some tangible things I mean sponsoring more things getting more speaking engagements sponsoring more hackathons you know there’s just a limitation there in terms of what events are really even happening at any given point but we’ve really ramped that up over the last year and I think a lot of results have from those things because they see us at those events and I think we just need to do a lot more of that and hopefully with this covid era hopefully it’s on the way out. And then 2022 we can actually go in person to many more of these events and establish those relationships even stronger.

BH: Before we had I had a couple of potentially dumb ideas but in terms of tangible I mean what is the downside to earlier we were talking about in terms of like marketing how you know some of these advantages of like let’s say LINK versus us as a decentralized oracle./ I feel like a lot of people don’t really think about LINK as being like centralized why can’t we put out content that’s like very clear about pros and cons of using LINK versus Tellor and here are our biggest weaknesses and what are we doing about them that kind of stuff. The other is it’s good the other is like Nick in terms of like tangible stuff and how you were talking about how some of our biggest users came from reached out to us and are like more these like dev power user sort of users that Mike was talking about where it’s like well why can’t we like reverse engineer that? What are like seven of these projects that we want to work with that align with our values in terms of like actually care about decentralization. Why can’t we make integration so easy come up with like mock integration for them and reach out to their devs and then we have that marketing material as well here’s actually.

Nick: We’ve done that in the past.

BH: Is it like a failed experiment like what was the outcome?

Nick: I think we that with a few projects it was okay I mean it definitely opened up conversations for sure.

Mike: I definitely think we should do more of that I think we just ran into the limitations of like the dev building that we needed to focus on Tellor. We just didn’t have the dev team capable of doing that without being like shutting down everything else that we’re doing.

Nick: That was actually something that Spuddy was supposed to do which I think he’s busy now but we wanted to put together like a list of all the potential projects in the space and just rank them and then if they’re perfect and we’re not in there we’re just going to go and randomly bump into them at Starbucks with like a GitHub pull request or something. Those are definitely that’s like what I want to focus on as I get some time.

Mike: There’s something different not to sort of just keep on going I don’t know how long you guys want to keep this going but like there’s something different about a pull request into a community or like a mock integration that’s like already built the bow on it and you show up to a community that might have a ton of technical people in the vocal people in that community are devs themselves showing up with that and then having a discussion. I can imagine being much more fruitful or respected or I could imagine it being much more open I think people would be more open minded to that versus some people just don’t have time to just say to answer a question like hey why don’t you guys use Tello. It’s just like I don’t know why would we. We need to have more energy around answering that question I think the best way to answer it is to sort of here’s the proof in the pudding we’ve sort of like build out a spec of how it could look like what do you think now. And then you can have a real what comes next is a real it’s a very fruitful conversations the technical convos where then you’re starting to maybe box with that person and earn their respect and vice versa. Those I think we need to do more of that and now that we have a bigger team I we could start doing that more if you guys are game.

Sean: It’s like coming to a party with a housewarming gift and then it’s more welcoming.

Mike: It’s like being the dj or guy who brings the keg and it’s just like okay come on in.

BH: I think that would be the other thing that would be super helpful too is like just an FAQ of like common pushbacks that we run into in like different communities because like I don’t know I want to spend more time writing and building code. And so, I’m not like in all these other like pockets or ample community like super active or anything. Reading various arguments so it’d be nice to have you don’t have enough miners or reporters like okay what are the common things that we’ve said like what do we want to emphasize that kind of stuff, like an FAQ.

Mike: And recreating what we’re doing with AmpleForth is what we can by doing these mock integrations or something like that or proposals or pr requests or pull requests. It’s like shifts the conversation to real specifics at that point if you keep it just general why not use Tellor then it becomes like amorphous. It’s too hard to nail down okay so what’s really the objection here. It could stay in this sort of philosophical realm where you almost don’t get anywhere and it’s just like he said she said kind of thing and we want to the more we can like trim that away with saying like here’s a real practical look at what it could look like now tell us your objections. And we have done that with Ample I think if we could reconnect that maybe or I said reconnect my computers disconnecting. Am I here? Anyway, I think I want to wrap it up by just saying piggybacking up for something that you’ve you noticed Tally with the whole Eth world is like well thinking of Tellor is building a public good and if we focus on making that public good just as good as possible and TellorX is going to be a big step forward in that. I think that is a huge place that we could focus our efforts in the meantime while we wait on some of these slower burn user acquisitions like Ample that take over a year to sort of get going and I think it’s going be just as hard if we want to get into Compound or any of these other protocols this can be this slow process. Ut that’s just part of the game it’s cool and in the meantime, we keep on getting better and better and better.

So, everybody watching this on recording though we want we would hope that there’d be more people here live but since you guys are watching on a recording.

Nick: Let’s take it to the bizdev channel on discord and let’s come up with some good tangible ideas and let’s push it forward. Let’s make sure we’re actually doing something. Getting the word out there. This was fun. It was a good conversation it was pretty open. Everyone thanks for being here.

Ryan: We got 3 questions. Should we just pop them out real quick?

Q1: Can a decentralized oracle be environmentally friendly?

A1:

Mike: Sure. I guess we’re moving away. I don’t think we’re not environmentally friendly currently.

Nick: I think that just goes on to what chain we build on.

Ryan: Well, isn’t also moving away from POW inherently less energy intensive?

Mike: For sure and then radically on top of Eth who’s doing that as well. Yep, go green go Tellor.

Q2: What are the goals for early 2022?

Nick: Users and Tellor X launched.

Q3: Where can I buy a Tellor shirt?

Ryan: We have a little shop us on square that I’ll pop the link in the description for the YouTube video but that’s where you can buy your shirt.

Mike: You can get one of these I swoosh TRB. We have hats another Tellor t-shirt and we have swag bag or a tote bag. We’d be happy to sell you a shirt or two.

Nick: Cool. That’s it thanks everyone, see you next week.