Intro👋

• GM GM!🌞
• Kicking things off with the Town Hall theme song created by J6C6
• Check out the detailed Discord announcement that Farokh posted on July 29th

DAO Council & Governance🏛

Strategic Advisors & North Stars

• North Stars
  • DAO (operational structure, governance, proposals)
  • Media (Shows, content, PR, outreach)
  • Tokens (bring value/clarity to tokens & NFTs)
• Strategic Advisors
  • Loxley, DAO
    • Current VC in the fintech space
    • Looking at how we expand the platform from only syndicated content and adding a tech layer to return commercial value to creators via proprietary tech & platforms that consumers will actually use
      • For example, how can we create an innovative platform and bring a Web3 store/product/infrastructure to the masses ensuring a clean UX that brings value to the ecosystem?
  • Mike Kriak, Media
    • Joined ConsenSys Mesh 5 years ago, prior COO at Mashable
      • Sits on the board of ~15 DAO’s on behalf of Consensys Mesh
      • Since joining Consensys, he’s worked on projects such as Gitcoin, Community Gaming, and Decrypt
    • Focused on the interplay of the 3 north stars and creating a long term strategic business plan centered around basic P&L & metrics for creators as well as what decisions have to be made and who needs to make them
  • Mando, Tokens
    • Focused on bringing more value to the utility tokens and NFTs via partnerships and investing revenue back into the ecosystem

“The future of the adoption of blockchain technology and Web3 space is going to live or die on the user experience.” - Loxley

“Build a liquid engine out of the whole thing for it to be able to thrive and succeed over a long period of time.” - Mike/Farokh

General Updates & Next Steps

General Updates

• Since the frameworks were approved, we’ve started bringing on partnerships
  • First one was for GM NFTs w/ all revenue going back into Rug Radio (bought 35 rugs)
  • All partnership revenue will be split in the form of 85% going to the creator and 15% going back to the DAO treasury
• DAO Treasury (Gnosis Wallet)
  • 1,298 ETH
  • 1.5+ Million USDC

Next Steps

• DAO Operational Council
  • A 7 member council will be formed from the previous 33 member council with the announcement coming soon
• Committees & Proposals
  • Currently in the process of putting together the committees as outlined in the frameworks
  • Proposals will start being accepted once committees are formed
  • We estimate this to take approximately 1-2 additional weeks

Team & Content Updates✍️

Updates from Patrick

• Software & Tooling
  • Proprietary software to download/edit recordings from Twitter is being worked on and tested by the team
    • This will be coming to creators next week along with full syndication which should increase reach by 3-5x
    • Next update will include YouTube downloading
      • Following update will have audio clipping & promo audio capabilities
    • Jess is working on the creators guide for using the software
  • We have a dashboard for KPI’s that tracks listeners, views, etc for partnerships & sponsorships on the backend
    • Working on a different version for public consumption
• Written Content
  • Currently have 10 writers w/ 1-2 posts per day
  • DM or email Patrick at patrick@rug.fm if you’re interested in writing for Rug Radio
• Creator & Content Updates
  • Reaching out to YouTube & Tik Tok creators
    • Currently reviewing 32 applications
    • Shifting focus to expand beyond Twitter into YouTube, Tik Tok, and Instagram
  • We’ve seen lots of traffic to the site for news due to SEO optimizations
    • Working on an RSS Feed bot that will send out a tweet every time an article is posted
  • Multi-lingual shows
    • First French show went live today
    • Radio Tapete w/ Sergito is going strong
• Team Updates
  • We’re looking for a social media manager to help manage and grow our social media presence. If you’re interested reach out to the team via Twitter or Discord

Updates from Jean Carlos

• Social Media & Community
  • Discord & Twitter
    • Influx of new members joining the community from different countries
    • Restructured the Discord to keep the server organized and clean
    • Improved security due to recent hacks
    • Rug Radio Twitter account has been joining the spaces to increase exposure
  • LinkTree
    • The team got locked out of the account, but we’re working to regain access and get all links updated
• OpenSea verification
  • It’s a little complicated using a GNOSIS wallet, but we are working on it

Updates from gldncrypt0

• Focused on helping creators produce their content as well as personal endeavors
• Would love to hear from the entire community and creators about how he can help, just reach out on Twitter!

Special Updates

• Amie gave birth to our first Rug Radio Baby!!!
• Rug Radio was featured in Forbes baltic & a journal in Romania talking about the decentralization of media

Bildr Updates🏗

• The minimum viable product is nearly ready to be released and will be tested on the GM NFTs morning show

Miscellaneous💬

• The weeks that we don’t have town hall, Farokh will be hopping into Discord voice chat to answer questions from the community
• Check out what Patrick has added to the website under the News section and sign up for the weekly newsletter that will be going out soon!

Interested in listening to the entire Town Hall? Check out the recording on Twitter!