SoulBound - HackMD

--- tags: Advisor, MPA --- # SoulBound Token Resources https://docs.google.com/document/d/1gyU9e-Sj9PJ0EHIfvR7sHQNbSM5XKMilzBUAYZrBjRc/edit https://docs.google.com/document/d/1zz8nbuDNjCcSKF0pOjhDwU_7oZkSOBwZ9-MPL4XVG6M/edit # Session 5 - 04/14/2023 Sync on: 1. Product a. brought on new CTO, previously building cheaply in India b. getting SDK and 2.0 ready, UX is a lot better (launching in the next few months) c. letting gamers own their Saga, verify achievements, reputation layer - proof of play, hard to bot - identify super fans - Soulbound d. 30+ partners/games e. see what people are doing live f. Going to be like Facebook ads 3. Games on Soulbound [[LINK]](https://mxp.soulbound.gg/explore) a. SDK for in-game and out-game events, like web2 social b. sending in-game data and send game data c. all these games are looking for content creators 5. Community next steps a. working with the games and streamers and working with those communities, with funds from next raise and more aggressive with marketing 7. Previous/Future fundraising a. raising seed round to extend runway b. $3.7M @ $30M val, seed $2.5 @ $40M val c. 12 months Forge (AI moderation services) had a higher valuation, raised $10M - my purpose here is get a recap on how I can best support Soulbound from a community/partnerships perspective 10k charities/yr buy house Next Steps: - Soulbound to send fundraising spreadsheet of prev/future funds and deck - Sydney to follow-up on market valuations and Hyperplay integration next week - Valuations what are they going for, ask Woodstock ventures - Hyperplay valuations of games, CTO - fundraising spreadsheet --- # Session 4 - 08/18/2022 Agenda: 1. Recap 2. Blockers 3. Findings 4. Next Steps ## 1. Recap Casey Recap: What the engaging actions on the new build. Was very dry, and unevent What is the social aspect What is the demand loop for the beta Based on reading, assumed audience: VCs **Questions:** Where is your company registered? Metaverse Property Corp DL Who/where is issuing the tokens? Metaverse Property Corp DL Who owns the tokens? Corp Where is the DAO registered? Dropping the DAO model Voting structure Assemblies will be the subDAOs, broad control and decision Heavy suggestion box, not governance Will this token be listed on US-exchanges? Demand for SAGA tokens? Where is scarcity introduced? / Where are the “forcing functions, demand functions”? ## 2. Blockers Larger Discussion: 1. land and asset management 2. LP functions within the ecosystem 3. DAO Conversation 4. Soulstones marketplace Are the Soulstones an avatar like Zerion.io's avatar or Levana's Meteors [[link]](https://blog.levana.finance/levana-meteors-defi-and-nfts-407e9973002f) 5. What does the "forcing functions" look like ## 3. Findings Walkthrough of findings https://docs.google.com/document/d/1Ok19woeGUHxwE1iFck5rrgzwr61lOATrgBOhFBuGBxU/edit I look for: **Utility** 1. SAGA, M-XP, Souldstones Transaction utility, proactive on compliance **Demand/loop** 1. Skill-achievement journies **Community/player engagement** 1. Assembly, M-XP **Compliance** ## 4. Next Steps 1. Asset inventory use case 2. My role Connections: Magic.Link ? RLY test tokens ? Resources: EVE Online Monthly economic report https://www.eveonline.com/news/view/monthly-economic-report-july-2022 Game tokens for transactions not raising SEC flags https://www.mondaq.com/unitedstates/fin-tech/832334/sec-staff-says-tokens-to-be-used-for-video-games-are-not-securities Roblox not a securities https://marker.medium.com/roblox-is-at-the-nexus-of-cryptocurrency-the-creator-economy-7ff96bde84b3 # Session 3 - 06/14/2022 :arrow_down: Continuation of template from previous session :arrow_down: # Session 2 - 05/31/2022 Blockers: Asks: Timeline: Token Review: - ERC 20 Transaction Speed pushback, how to navigate - token is having similar traits to NFTs What will be an activity that creates buy pressure? ## Controller DESCRIBE THE DAO’S GOALS AS EXPLICITLY AS POSSIBLE: - create the utility token - Assembly - Adoption curve of metaverse and focus on the player experience - Invest in new ecosystems - Create new tool sets over time WHICH DECISIONS/SYSTEMS CAN THE DAO CONTROL?: - new verticals that we are investing in - how much should we put into a vertical - in-game rewards, AUM treasury management and reward distribution - what tools we are building (eventually) - individual councils within each game WHAT PROBLEM DO YOU SEEK TO SOLVE BY DEPLOYING AS A DAO? - gamefi regulations - access to high expensive land properties - value added, and onboard web2 become web3 gamers HOW WOULD THE WORLD/ECOSYSTEM/YOUR PROJECT CHANGE IF THIS DAO IS SUCCESSFUL? 1. web3 fingerprint/passport for gamers 2. lower entry to play game The # amount of roles in your DAO? Introducing levels - introduced by Player Assemblies :star: how to transition into DAO roles MXP - own a lot of the social roles and earn as MXP Use MXP to unlock skill tree WHAT FUNCTIONALITIES ARE NEEDED TO ACHIEVE IT? - the incentive to migrate from UX platform into the DAO - the land assets, if I have more governance vote Soul Bound Community vs DAO community Does not want price blockers, you can't ## Community WHAT IS THE PROJECT’S BACKSTORY? COMMUNICATION PLATFORMS: COMMUNITY’S RHYTHMS AND RITUALS: TOP 3 EXPECTED PRINCIPLES OF THIS ORGANIZATION: WHO IS RESPONSIBLE? MEMBER JOURNEY: 1) Describe the Onboarding. How do new users catch up? 2) How to retain engagement? How to keep users developing? 3) How does a user leave? ## Governance KEY PERFORMANCE INDICATORS: Desired Quantitative Output CAPS AND GLOBAL CONSTRAINTS: COMMON PROPOSALS: CRITICAL PROPOSALS: LEGAL STRATEGY: DOUBTS AND CONCERNS ON THE PARAMETERS: ## Stakeholder Analysis FROM THE USERS’ POINT OF VIEW, WHAT IS THE DAO’S PRIMARY OBJECTIVE? WHAT CONNECTS YOUR DIFFERENT USER PERSONAS? HOW DO USERS COORDINATE STRATEGY, PLANNING AND DIRECTION? HOW CAN USERS LEVERAGE PARTICIPATION FOR INDIVIDUAL BENEFIT? User Persona 1 User Persona 2 User Persona 3 DESCRIBE YOUR USER PERSONAS: 1, 2, 3 ## Actors DAO DESIRED FUNCTIONS: Priority 1 - describe Priority 2 - describe Priority 3 - describe IDEAL PROPOSAL TYPES (BRAINSTORM): Actors DAO DESIRED FUNCTIONS: Priority? ASSET MANAGEMENT COLLABORATION CURATION MARKET PLACE BUDGET & FUNDING: WHO ARE THE FUNDERS? WHY? INITIAL REPUTATION DISTRIBUTION MAP Who holds Reputation in your organization? Other Orgs? Individuals? How much? --- DAO Structure --- # Session 1 - 05/17/2022 ## Expectations [10 Mins] Moving forward here are the following milestones for the next year: 1. Restructuring the token model towards MPA V2 (User Profiles/UA platform) 2. Treasury management (exisitng land, tokens, and users' tokens) 3. Streamline process of integration partners, protocol, hiring assistance in point-person 4. Streamline fundraising operations for Private Round and token sale ## Services ### Restructuring the token model towards MPA V2 (User Profiles/UA platform) • Tokenomics, including general tokenomics advice and regarding token models in connection with planned User Profiles, UA platform, etc.; ### Treasury management (exisitng land, tokens, and users' tokens) • Treasury management (e.g., existing land assets, tokens, users’ tokens, etc.) ### Streamline process of integration partners, protocol, hiring assistance in point-person • Streamline process of integrating partners (e.g., develop and implement such process, hiring assistance regarding point-person to handle such process and integration, etc.) • Introductions to gaming, gamefi, and defi platforms and teams for potential collaborations; • Assist with hiring developers; • Provide recommendations and assistance regarding marketing and navigating various markets; • Collaborate with Company’s and MPA’s team members and stakeholders; and ### Streamline fundraising operations for Private Round and token sale • Provide assistance and advise Company and MPA with respect to strategic matters related to the business of Company and MPA; • Streamline fundraising operations and public sale(s) regarding tokens; • Be generally available for bi-monthly advisory calls with Company and MPA; • Be accessible to Company and MPA to provide guidance on business, technology, marketing, and strategy issues on an as-needed basis; • Assist with introductions to potential investors, business partners, or other individuals or entities that will assist the Company’s and MPA’s business; • Deal flow sharing; • New milestones as Company and MPA move into different developmental stages; • Spread the good word about MPA and Soulbound.gg; • Provide such consulting and other advisor services as the Company or MPA may reasonably request. :mag: Define Success [10 Mins] --- ### Q2 May - Whitepaper, Token - How to utilize the land - Lead list of who to target in the later quarters ### Q3 July - BD/Integration - Private Round ### Q4 Oct - Token Sale :closed_book: Inventory - where does everything live? [10 Mins] -- ### BD/Integration: Owner: Casey The Users The Games - offer content, quest systems, engage, retain, reward Getting more valuable users for those games, Guilds, DAOs, gamers, we have access to all these guilds, put our API into your game Currently in discussion with guilds, June is when demo is ready ### Fundraising: Closed $3.5M Seed, currently building Demo Early June, MVP July Token Sale, August or October ### Token: Owner Tony and James https://docs.google.com/document/d/1yBlhVfFY1AEg2BG5AhU91pijCmSCB7J2bcGCIMnhWro/edit ### Treasury: NFT Lands - Phantom Galaxies, $250K worth Q3-Q4 High Street - have an island, valued at $500K Q3-Q4 Influence - $184K Space in Big Time - $100K All land NFTs Smaller positions in AAVEgotchi, Sandbox Does the DAO hold action of the lands? Does the treasury fit into the product somehow? Create quests on the platform from those lands? Would these lands be only treasury collateral, GameFi? These lands are community chest? Based on MXP rank can maybe purchase these community chest ### Marketing Rebrand info SOULBOUND / SAGA DAO Changed MPA to SAGA DAO - gamer alliance #SAGA Soulbound.gg the product Looking for new logos and branding :dart: Next Steps [5 Mins] --- - SYD Intro to Xander for logo/rebrand - SYD Review Currently redoing whitepaper - Create utility, on how the token can be used - potentially create subnet, guilds - loot boxes - different needs - new fundraising timeline / Private Round / token sale - Swiss attorney meeting with DAO ## Notes  $3.6M Seed - TG for comms/workflow