Experimental Garden Group: Recent Episodes
EGG
Let's talk about Marcus' "bear bias" and why the markets, ALL THE MARKETS, are down. And what to do about it.
Experimental Garden Group is a podcast and DAO that invests in compelling ideas. As a group we are interested in experimenting with how to grow things in the digital and physical world, and our portfolio represents our thesis of investing for returns, for education, and for community.
Today we welcome our first guest, EGG DAO member Kathryn, and let her ask some pointed questions:
- How do I not be bored by this?
- How do I get rich quick off it?
- Can you make me care about an NFT?
- Who is the most ethical person in crypto?
- Is there crypto for ladies?
- How are the hawaiian shirts doing?
- Crypto and ukraine, do they touch?
- What THIS WEEK excited you most about crypto and DAOs?
- What would steve jobs think about crypto?
- When do we hit the point where people NEED to understand crypto?
Marcus explains property rights as a LARP (Live Action Role Playing game), which is to say that everything social is just an agreement between people. (yes, we're talking about NFTs.)
LARPing is also how both "magic" and "money" work.
"Ponzi's are the only real human invention."
- Shackelford's Law
With slow preperation but fast execution we look at the media form of the "roadmap" and where it fits within crypto culture.ย
Join the discord: https://discord.gg/3fjhZT4kmY
๐ This episode brought to you by FINGERHOLERS! #ad
๐จโ๐ Mike invites Marcus to go to college when they turn 50.
๐ฏโโ๏ธ We have 13 members of the DAO!
๐ค EGG tokens are now worth $1.04
๐ Russian Papa John makes the news. We didn't invest in this.
๐ฅถ NFT Winter.
๐ธ Some new investments.
๐ธ New dramatic vote! It didn't pass... but...
๐ฅ Like a phoenix rising from the ashes, Marcus proposes a NEW IDEA.
๐ A Shirt Backed Digital Asset!
๐ Looking for sponsors!
๐ AUM is up!
๐ซ Nine Members
๐ฌ Private Messages for MEMBERS ONLY
๐ Layer 0 Explanation
๐ Link to desc of all opportunities
๐บ Brewery Loan
๐ถ๏ธ Hot Sauce
๐ท Wine in a can
๐ International Papa John's
๐ดโโ ๏ธ Sunken Treasure
๐ช BTC, ETH, and LUKSO
๐ ZED RUN Horse NFT
๐ข Laser Turtle NFT
๐ Anti-S&P500 ETF
๐บ๏ธ A Roadmap to Voting
๐ฏโโ๏ธ DAO membership requires knowing us
๐ Thanks.
๐ฅ (Tom on drums)
๐ฟย Mike feels weird because the world is fucked.
๐ย The platform for our DAO is very popular.
๐คย People WANT TO INVEST with their friends? Maybe? I hope so.
๐งโ๐คโ๐งย After you make a DAO, you need people to fill it.
๐ถ๏ธย HOT SAUCE! I FOUND A HOT SAUCE!
๐ย Sadly... we did not like it.
๐ย Hot Sauce that tastes like pizza is not good.
๐ ย How important is taste when youโre investing? Some.
๐ฐย As an investment... how soon until they are worth more than $8.5 million? It seems hard.
๐ฆย Liquidity is hard for a Hot Sauce equity investment.
๐ผ๏ธย An NFT can help us bridge web3 to hot sauce!
๐ซย So we donโt like the taste. We donโt like the economics. Should we invest? Probably not, but letโs vote! Mike votes no.
๐ธย Onboarding someone to Syndicate is hard. ETH + USDC + a wallet + gas fees...
๐จโ๐ย Itโs hard, but weโre learning.
๐ฏโโ๏ธย If weโre friends, you can join the DAO. But anyone can sign up in the footer and scout investments!
๐ณ๏ธย Should we take ads? YES! WE ACCEPT SPONSORSHIPS NOW!
โย Come tell us who to invest in!
๐ฅย Letโs go bury some eggs.
๐ถ We have a baby DAO!
๐๏ธ "Try Faking It." (more on Oblique Strategies)
๐จโ๐ A Ceremony for Marcus.
๐ฅ We have a token! $EGG
๐ THE RULES
- you may, if invited, invest in the DAO
- and you will receive, TOKENS!
- and you leave later
- and of course, there is a podcast (this one)
๐ฐ We have $500 minus fees.
๐ณ๏ธ Tokens let you vote, and speak to your ownership.
๐ถ๏ธ Mike wants to invest in Hot Sauce!
๐ผ๏ธ Marcus wants to invest in jpegs. Used jpegs.
๐จโ๐จ The artist usually figures all this stuff out first (pay attention to them!)
๐ We need more... people and money!
๐ The legal limitations of a compliant platform. AKA, we can't share a link with you.
๐ง The podcast is not the DAO, but also... we don't want to break the law.
๐ฏโโ๏ธ If you want to play along, it helps if we are besties.
๐ธ Josh, I'm going to ask you to join.
๐ฎ What's fun about this whole thing, is that we want to use crypto to play with "layer 0"
๐ฑ We want to plant seeds (get it? it's the NAME OF THE PODCAST!)
๐งฎ Complexity increases with more people.
๐งฐ Trust the tools, aka the code, that enables us to play this game.
๐ท Nothing is for sale. But we have a community. And you have to find the egg. (in the footer)
๐ง Let's email each other! For fun!
Twitter: https://twitter.com/xGardenGroup
How is a DAO different than a grocery co-op?
The tradition of a grocery co-op is a pretty radical thing.
The DAO is the most lefty thing to come out of crypto.
What is a DAO?
Decentralized Autonomous Organization
Who can multiply 3 digit numbers in their head?
The DAO (the first, but it didn't work)
Welcome to E.G.G.
Hosts: Mike + Marcus
Marcus sometimes predicts the future, and Mike follows along.
Mike has been playing with capitalism for longer than makes sense.
Why do we need a DAO to solve... problems?
-
the coordination of human labor
-
the joke of capitalism
-
code vs. law
Can we make things together, better?
Could a grocery co-op be a DAO?
Maybe. The whole supply chain would need to adopt the blockchain...
A DAO is made up of X number of tokens held by Y number of people. Sort of.
Voice + Exit and Capital
There is a DAO that just makes jokes.
Wyoming, which invented the LLC in 1977, recently legalized the formation of a DAO.
Law vs. Code (mentioned again)
The DAO (first DAO) had bad code. It was hacked.
LLC Fever vs. DAO Hysteria
DAOs are taking advantage of a latent desire in society for OWNERSHIP.
Can we be a DAO?
Yes. It is your destiny.
WE ARE A DAO.
We will create a community bank account. Which is crypto. And then... figure out what is next.
What is next? Like... in the next 10 years?
Everything could be better, or it could be far, far worse.
A million small DAOs. Not one psycho DAO.
Every "thing" will be a security. For better or worse.
We will create a chimera, and it might eat us.