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Strategies for Evaluating and Investing in DeSci DAO Projects: PIPE podcasts ep 11
0 Playsin 11 minutes
In Episode 11 of the PIPE GDAO Podcast, we explore strategies for evaluating and investing in DeSci DAO projects, diving into the transformative potential of decentralized science (DeSci) in advancing university R&D startups. Learn how PIPE GDAO bridges the gap between university IP and real-world assets, leveraging its innovative QED process to validate early-stage projects and drive impactful investment.
Discover the role of Web3 tools and decentralized governance in supporting groundbreaking innovations, and gain insights into navigating the complexities of tokenomics to ensure sustainable and ethical funding. Whether you're interested in the future of scientific research funding or looking to make strategic investments in DeSci DAO projects, this episode provides actionable insights to help you succeed in the rapidly evolving Web3 ecosystem.
Decentralised science #DeSci and the need for quality (linkedin.com)
Recommended
Transcript
Introduction by Sleazy Slime and Pipe Noodle
00:00:00
Speaker
Welcome to episode 11 of Pipejaw Podcast. It's your usual suspect, the sleazy slime here. And it's me, Pipe Noodle. I'm genuinely shocked we've made it this far.
A Year of Podcasting Reflections
00:00:12
Speaker
11 weeks on the chart. Well, actually, no. Wait, it's technically more the the ones that don't count. You know, the 0.5. Yeah, the 0, the 0.5.
00:00:24
Speaker
<unk> Technically, we've been there even longer than 13 weeks because, you know, we're preparing it first. Absolutely. We've been here for a long time. I think I've just I've I'm I'm a year in now, I think just over. Well, ah just over a year in. Damn, you must be. You must be my senior then. and i but on ah On paper, apparently not. And I'm just like, oh, OK,
Martial Arts Anecdote
00:00:50
Speaker
guys.
00:00:50
Speaker
ah
00:00:54
Speaker
At least when I was doing like martial arts, there was this funny thing. If you're are of the same rank, but one guy got to this rank a year earlier than the other guy, and the other guy you like just got the rank, because he's been there longer, and he's the same rank, now he's the senior. yeah Is he the senior of the rank? I guess that kind of makes sense. It makes sense, doesn't it? He just got the rank, but because he's been at the dojo more time, now he's the senior.
00:01:24
Speaker
So I guess that's how it works.
Listener Engagement Channels
00:01:25
Speaker
Are you into MMA there? Do you like UFC and stuff like that? ah I want to start some day, but no, that was one of those more traditional things. Oh, fair enough. Yeah, and... the I'm still your senior, so I'm making this. But before that, hey listeners, we get it. Sometimes you've got questions and browsing through endless FAQs just isn't cutting it. I mean, we do have Discord and Telegram where you could ask us questions directly, we're very responsive there, but maybe you want to hear a human interaction for something important. A lot of people value that, especially those who are
00:02:04
Speaker
ah you know on the elder side we get in the universities there are older professors so why not make it easy on yourself and give us a call yes just pick up the phone and dial plus four four oh one six one three nine nine four two at free from nine am m to eight 8pm UK time Monday to Friday. Whether it's a quick question, a bit of help you need, or you just want to chat with a real person, we're here for you. No robots, no runaround, just friendly folks ready to give you the answers you need and fast. So, next time you're stuck, remember this number. Plus 44, 0161, 399, 4283, available 9am to 8pm UK time, Monday to Friday. We're ready when you are.
Podcast Thumbnail Discussion
00:02:52
Speaker
Yeah, and our episode is ah by Robert James Steele again. Of course. Classic. It's another block. How do... Oh, wait. First, we need to read the thumbnail. It's mirror mirror on the wall. Who's the fairest thou of all? Hashtag CSI. And it's us. Not to be biased or anything.
00:03:14
Speaker
Yeah, not the thumbnail. The two characters on the thumbnail are us. It's the we are the fairest thou of them all. We are. Yes. No, I'm not talking about I believe for audio listeners. ah These are pictures. I think that's Snow White.
00:03:31
Speaker
Yeah, um the snow and on the right is Snow White. On the left, I don't know. It's like the Evil Queen from Snow White. Oh yeah, wait, hold on. Listen, Disney knowledge has come again. So on the right, we have a picture of the Evil Queen from Snow White. And on the left, I believe that's Maleficent, which was Sleeping Beauty.
00:03:49
Speaker
not Sleeping Beauty. Was it Sleeping Beauty? In the Maleficent films it was Sleeping Beauty, I'm pretty sure. I've never watched like the original so... Neither have I. Or maybe I haven't, I just forgot. That's also a possibility. Well there's that huge thing now where it's...
00:04:04
Speaker
Apparently, like, there's a warning when you start on
Disney+ and Sensitivity Discourse
00:04:08
Speaker
Disney+. plus I remember I i watched Peter Pan not too long ago. And there's a massive warning now before you start the films being like, these films have stereotypes in them that are not up to date with current times. So we do apologize. And you're just a bit like, Oh, no, I forgot how like, but like on the edge, there's some of these films were like the depiction of the Indians and Peter Pan, you're just a bit like,
00:04:35
Speaker
Not too sure not too sure that that would run in these times today. Yeah, honestly, these days, it's not it's not always clear what is considered sensitive and what isn't, because of how fast everything is moving. Yeah, but to now that we've done with the thumbnail, how do you know the hashtag DeSci projects you're investing in are any good? Well,
00:05:00
Speaker
Normally you would need to do your due diligence. Exactly. who talk about but go say Because ah it's so saturated now, especially with like um projects that have a lot of DOWs and they're all, you know, the DSI, a lot of DOWs, it's just the one down. A lot of projects now on the web free, because there's so many of them, because it's obviously such a massively expanding business. Sometimes it is a bit difficult to sort of differentiate or even know if what you're doing in is a very good because it's kind of a lot of a lot of projects.
00:05:33
Speaker
don't want to, you know, I don't want to offend anyone here, but quite a few projects you'll find is just sort of blowing steam up people being like, Oh, yeah, you know, do this, do this by us, we're going to be really good.
Understanding DAOs
00:05:43
Speaker
And it's just useless. Yeah, it's like, there are very few, like, real doubts, like I can, I could give one example being the cosmos, but layer one, where they give a proposal, and if the majority of a token, or and I guess in this case, coin holders do not agree,
00:06:03
Speaker
then it is actually rejected. Exactly. That is a true example of a DAO. like ah i um I remember there was one case like a year ago where that happened. um But most DAOs these days are just Discord channels.
00:06:19
Speaker
so Yeah, it's like a Dao in the making, let's say. Exactly. Most Dao are Discord channels, exactly. And you can find ours in the link in the description. um Yeah, join our Telegram. Join our Telegram. Follow us on Twitter. Like and repost, please. And hey we will be a Dao as soon as, you know, we actually ah make our TG happen, which will happen as soon as we raise 10 million pounds.
00:06:50
Speaker
So ah it is a recent article from just a few days ago as of the time of the making of this video. Let's see. Many of you will have seen the hashtag dsi. Well, it's not as popular. But if you are into ah web 3 and you do it for a long time, you probably have heard it at some
DeSci and Investment Trends
00:07:10
Speaker
point. It's getting more popular increasingly. Yeah, dsi definitely within the space is coming a lot. You're seeing it a lot more commonly across many messaging boards.
00:07:19
Speaker
Especially because Desai is not as web3 as others because Desai doesn't actually follow the Bitcoin ah lead as much. It does, but not as much. So it's sort of those more niche safe havens for when the bear market hits.
00:07:36
Speaker
Absolutely. Yeah. Seen the hashtag Nissai and possibly followed these two various dev projects throughout of three. Yeah, you probably have seen some to do with ah ah right up um with the longevity.
00:07:50
Speaker
Those are the most popular, probably because they are the most catchy as well. You can, of course, not be surprised that as soon as a new hashtag is produced on web3, every man, his doc, and their meme coins will follow it in the ah hope of pumping something for their benefit. I didn't know docs can follow stuff on on Twitter. Well, you get a lot of doc accounts now, especially on Instagram.
00:08:14
Speaker
Do you know, like like you your people make accounts for their dogs and their animals. And you just got to think like, I mean, like on one hand, I kind of understand it because you can't really hate a dog. On the other hand, that's just mental. Like why are you following this account that's pretending to be a dog? Yes, Shiba Inu coin, Dogecoin. Then there was this um chimps, I think it was called, like popular ah the The NFT, the board apes. but Well, not the NFT, it's the meme.
00:08:44
Speaker
ah you know the the classical dog meme where one is like strong and the other one is like oh yeah the doge things yeah which elon musk has now called his new um what was it in america they've now set up the doge thing for um america oh my god what was it it was like to produce efficiency because elon musk was the face of the doge coin he like bought loads of it and that was like one of his big sort of out there tokens that he had was this dogecoin and now they've gone on and made the doge a the name is now used for his sector of the american government to help raise efficiency
00:09:30
Speaker
Damn, I've been slacking off on um my my American politics, I guess. Yeah. Yeah. Fun fact, when even Musk just bought Twitter at one point, there was a dosh loading screen when you open Twitter. That was kind of fun. It only lasted for like a day or two, but that was very fun. Yeah, you just made so many things. Actually, speaking of Twitter and like sort of memes in general and like meme coins, did you ever stumble across the Hawke Tour girl? But wait.
Social Media Call to Action
00:10:00
Speaker
Are you looking to get the latest updates straight from the source? All the insider details as they happen? Well, we've got you covered. Follow us on X to stay in the loop with both PGF and The Pipe Company. From announcements to exclusive insights, you'll be the first to know. And don't miss our next AMA. Get your questions ready whether you want to ask them in writing or come on air to speak directly with the experts. It's your chance to ask anything.
00:10:26
Speaker
Hear the answers live and get the clarity you need. Just follow us on X and never miss an AMA announcement. Stay informed, stay ahead and get answers right from the source. Go into the link tree in the description, find our X, form it with Twitter page and we'll see you there. Oh yeah, that's ah that's also a mean thing. Have you seen what's happened?
Scam Awareness in Crypto
00:10:49
Speaker
ah In passing that ah it crashed Not even yeah not even crashed very it was it was a classic rug pull basically So for those that don't know there was this huge sort of internet joke internet mean This girl I think her name was Haley Welsh um who did a massive is she was caught on cam not caught on camera she did this street interview and she said the phrase hawk to her um and that just blew up it was everywhere everyone doing it doing it and she created a podcast which the podcast was actually run and sponsored by jake pool which is already a red flag um
00:11:32
Speaker
But then she they she met up with these sort of web-free, these token people, and they created their own coin. I forgot what it was called, but she was basically the face of this new coin. It wasn't God-hoc. Maybe. i'm not but um Obviously, we've seen it time and time before, big creators, they'll get this coin, people will invest it, but they they themselves will hold on to, let's say, 90% of the coins in circulation. So people invested in it, it pumped up, she then sold all of her stock, she made millions, and everyone else that invested lost all of their money. um And I'm pretty sure that's quite illegal.
00:12:21
Speaker
and So currently, they're in a lot of hot water on Twitter, and it was very interesting to see because she doesn't know what's going on. She's not no no disrespect to her, but she wasn't really that bright enough to understand what was going on. But the people that were behind it are just desperately trying to pretend like they didn't just pull the rug out from hundreds of people. And it's very entertaining watch.
00:12:44
Speaker
And it's just goes to show, ah how how do you know that they, well, a decide or any other project is a good one? Well, apparently, following a person who just made a joke, became a celebrity overnight, yeah like from some small town, I think so. And then decided to make a meme project. Apparently, that's those are not good conditions to invest. Exactly. there's I feel like we should now we should know by now that there's a couple of red flags there.
00:13:13
Speaker
that you but you maybe should not invest in. So again, yeah, it all ties into how do you know these D-side projects you're investing in are any good. ah So rule one, um the internet lies, famous for it. We were all went well, I'm not sure about sleazy, but when I was in school,
00:13:30
Speaker
We were obviously social media and that was already massive when I was in primary school or lower education ah here in the UK, which is from ages like four to 11. We were always told like, listen, people on the internet, the internet lies. It's famous for misinformation, people manipulating, people doing all of this.
00:13:55
Speaker
a lot of that happens especially on social media platforms like twitter where you know there's not a lot of fact checking so you'll see something like a lot headline or a thing and everyone will be like oh yeah that sounds really good but it's completely false it's fabrication.
00:14:12
Speaker
yeah The good thing about it is that since we know that internet lies, we, by extension, know that newspapers lie, that TV lies. But at least in my ah ah my parents' generation, everyone believed whatever was said on TV. so exactly yeah At least now we are better in making due diligence.
00:14:31
Speaker
and performing due diligence and if you performed like maybe 30 minutes of due diligence on the hawk tour girl coin you probably could have avoided all of this you probably could have saved your money yes so that's a lot of people are saying the same thing as you are to be fair they're coming out and being like listen if you invested in this to begin with you deserve it like he like he was like this is but it's also again going on the social media thing do you did you ever see the logan paul cryptosu scam where he another one i know where he made this um he made this he he made this nft um and basically the whole thing was a scam
00:15:14
Speaker
and and he came out and his apology video wasn't him saying sorry for people losing all their money it was him telling them that they should have known better because it was the most obvious scam you've ever seen um which i
Logan Paul's Crypto Scandal
00:15:29
Speaker
thought was hilarious because he just had no shit and he refuses to believe that he doesn't even say it was a scam like not specifically so he can't get sued for it and the bbc and everyone have been trying to reach out for him and he just won't talk about it at all But I remember one line, my favorite line was, I forget the guy's name who was doing it with him. But he said, yeah, this guy's already been like arrested and charged for various amounts of cons scheme. So if he believed anything, he said, you're a fool. And everyone was like, yeah, but he was literally your partner. What are you talking about? um And he's like, well, I'm not saying I did any better, right? Exactly. He was just like, I didn't do anything. It was all these guys. you know They just were. And he was like, oh, sure, mate. Sure.
00:16:13
Speaker
Yeah, and that's that's also people learn the importance of knowing how to check tokenomics. Because if everyone knew that she owned 90% of the supply, I bet a lot fewer people would have invested into this. yeah Exactly. It raises a lot of questions. You can also check our tokenomics in the link to yeah in the description. Yes. It's always in the description ah to our white paper, as well as our pitch deck, where it is all laid out nice and simply for you. show for how many shows Nice and...
Meme Coins and Their Risks
00:16:41
Speaker
nice and detailed white paper. And that yeah, coming back to this, every man, his dog and their meme coins will follow a new hashtag in the hope of pumping something for their benefit. Yeah, meme coins. That's essentially ah how all this works. Continuous. I'm not taking away from those deejans who are savvy enough to follow this trend.
00:17:05
Speaker
Yeah, people can make and do make a lot of money into this from this. But of course, you need to it's not just a pump, a pump. If you want to play casino-style games where obviously it's going to rock, you just have to pull out before it rocks, then, of course, you can do it. It's your money. But you actually need to know how to do this. You cannot just enter the space and expect to win.
00:17:33
Speaker
ah get in and out quickly enough to make riches, but by the same token, the providers of these Desai protocols should not advocate that they are, in fact, trying to solve the world problems. They are really not. Yeah, so we have the meme coins, which is just bump and try to leave as soon as but as soon as it's a good moment, or before it's a bad moment, rather. But also, when we are not doing this, and when we go into these protocols, which are meant for, well, the science is science, it's not necessarily always for the betterment of the world. ah But at least it's for the betterment of for increasing knowledge base of humanity, I guess.
00:18:15
Speaker
ah If they are trying to solve world problems or do research, they should not follow in the same category as, and in the same footsteps as the meme coins, because those are two completely separate categories, even though we share the decentralized space.
DAOs vs. Legitimate Science Projects
00:18:33
Speaker
rock yeah Just because ah sort of the foundations are the same doesn't mean the projects are.
00:18:40
Speaker
yeah is that what You're kind of kind of getting on there. It is different. like the There's meme coins and pump and dump schemes and stuff like that. And then there's actual tokenomics and investments and stuff like blockchains where you can go on from there.
00:18:56
Speaker
Yeah, and he can see how those decide focus dose and the underlying projects are pitched, how exciting they can look, and possibly how financially, environmentally or societally rewarding they appear on the surface. ah For example, one that's, I don't know, prevents aging, or slows it down. um Well, slow down aging doesn't sound catchy enough. So I guess it would be to prevent aging eventually. The the the DH.
00:19:24
Speaker
ah Well, I guess that's one way to say it. Never heard of it. But ah yeah, this is ah very flashy. You can invest in this thinking that maybe other people would invest and buy your coins or something like that. But the yeah, making a DAO out of a science project is difficult because a lot of them fail and well, that's one thing. And the other is if it does succeed, how are you going to distribute the profits for the DAO holders? That is and is a thing that is very difficult to organize, which is why a lot of those DAOs actually don't organize it. They say there is no guaranteed rewards for you holding those tokens.
00:20:10
Speaker
And the the DAO may decide may decide in the future to reward you for but buying those tokens. That's that's how it's always it structured. And however, when you actually scratch the surface, what do you really see?
Investing in University Innovations
00:20:25
Speaker
But before we continue, are you looking to invest in the real-world asset innovation at peace? Maybe one coming from a university? I'll have you know, they have an average ROI of 397%, aka X4. And did you know the likes of Gatorade and Google actually came out from universities?
00:20:43
Speaker
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00:21:07
Speaker
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00:21:37
Speaker
ah What do we really see? So it's sort of assuming that you're even scratching the surface at all.
Why Projects Fail Early
00:21:44
Speaker
So let's talk about it like a sort of 20 hours or less of due diligence is the norm for most early stage projects, for most early stage projects. And this is one of the reasons 90% of projects fail within four years.
00:22:01
Speaker
um So what you see if you scratch the surface as a fancy wrap or a promise or linking back to the thumbnail, a fairy st story worthy of a Disney production. and So Rob's actually saying he want he's going to explain this more in the next couple of paragraphs. So Rob states that almost every day of every week I have well, I have, he has discussions with researchers and academics or field experts and specialists or people working in some capacity who are trying to evolve something. They believe we will solve a huge problem. ah These people often work in or around research institutes and universities and are at cutting edge of science. They're doing incredible research, most of which as research is tends to be very
00:22:55
Speaker
nothing Nonsense. Nonsense. naive, early, or risk and risky. We've actually covered um a research institution here in Manchester, I say here in Manchester, here in the UK, located in Manchester, ah called Geek, which was the Graphene, what was it again, sleazy? Graphene, G-E-I-C, I think it was. Yes, G-E-I-C. Engineering. Innovation Centre.
00:23:26
Speaker
Yeah. With the University of Manchester. and That was covered, I think, two podcasts ago. So if you're if you're sort of tip interested in what kind of research institutes we're looking at, the ones that we're working with and stuff that we already have here in the UK, as an extension of Europe itself. um Please go back. means ah Adjective, commencing, or in the process of development, beginning to exist or to grow, coming into being. Yeah, always using those fancy English words. I know, trying to confuse all of us.
00:24:05
Speaker
Just saying how it is, Rob. Bloody hell. um Yeah, I think not even Chad Jupyter could come up with such fancy words. Yeah, good. No sense. Who do you think you are?
Researchers vs. Entrepreneurs
00:24:18
Speaker
and Anyway, moving on. All right. So again, going back to these research institutes and universities with their cutting edge science, their goal is to prove something can be done. ah Or if if their goal is to prove something can be done, do it, then write about it. That's essentially it.
00:24:40
Speaker
So very few have any concept of a commercial impact or even less of an idea on how to make that impact a reality. And Rob states here that this is not him being mean or critical of these institutions, it's just a fact of life. If you choose to be a researcher,
00:24:59
Speaker
you do because that is what you are or what you love and the very idea of commercial exploitation or financial reward is quite far out of your mind. Again this is really common common you know scientists make the project but businessmen make the brand.
00:25:19
Speaker
It's very clear with stuff like, for example, probably the biggest example right now, ah which is a huge talking point, Tesla with Elon Musk. and Tesla, Elon Musk is obviously the COO of Tesla. um However, he did not make the car. He didn't design the car, didn't build the car. Other people made the car. But him as the face of the brand has taken Tesla to be one of the biggest exporters and biggest creators of and electric vehicles in the world.
00:25:54
Speaker
I mean, a lot of people when they start creating money or making money, they're like, okay, first thing car I'm gonna get is I'm gonna get a Tesla. And that's something really common you see in, especially in the social media space, a lot of people will have Teslas. There was a guy ah who used to gift all his friends Teslas. So Tesla's very big deal, obviously in the car electric cars.
00:26:17
Speaker
um So that's sort of an example of that. Would you agree, Sleazy? Did you know up to 45% of recruited talent database are dormant? This means 45% of your revenue is left on the table. Wow. I know, right? But but if you repurpose your talent database by redirecting them to nascent industry technology in high growth, you can share a portion of the high growth sweat equity too.
00:26:45
Speaker
How? The PIPE associate network. Bring new opportunities to talent within university born R and&D IP startups worldwide and earn a part of the future. Go to our description for the link tree or sign up on www.thepipecompany.co.uk and start your adventure of the future today. Well fun fact that actually Even Musk is mostly a space engineer. Yeah, like by by education, but he's also like the businessman of it. So ah I know that he is directly involved with science like in SpaceX. Yeah, because he's a space engineer, but the car. but Yeah.
00:27:29
Speaker
people it doesn't even know the first thing about cars honestly yeah i know because i know there was a there was an ongoing joke where you know you know you get the people being like oh Elon Musk literally made Tesla and then someone was like the only thing Elon Musk made on a actual Tesla car was the handles um whereas everything else was created by different sort of engineers different scientists and and that's not discrediting Elon Musk and his work that's just saying that um going back to the example of researchers will do the research engineers will do the engineering but it will take someone who's um commercially smart and business savvy to actually take that project and take it to the to
00:28:12
Speaker
commercial exploitation. In fact, it is very rare for someone to be able to be a businessman and an engineer. When someone does try to do this, it's like a vast majority of cases, it doesn't work, at least to the downfall of the company. Like this is one of the very few cases where the engineer is also the the the CEO or whatever. Or an engineer. I think more some choices. Yeah, an engineer.
00:28:42
Speaker
Yeah, because normally an engineer CEO tends to think of stuff too much from the engineer perspective and ends up and thanking the company. That's usually how it works.
Role of Technology Transfer Offices
00:28:52
Speaker
but Exactly. Which is sort of talking about, you know, how these researchers and scientists They're not fictional characters. you know they can't like They're not being held back by wicked technology transfer offices or evil bureaucracy. They just you know they just don't they just don't do it. um ah Just to give away the context, because every episode we do, technology transfer office means this department in university that is ah in charge of commercializing the research. Yes, TTOs.
00:29:30
Speaker
Yeah, I did not know it until I actually started rough i said making a podcast honestly, even though I interacted with a TTO before. Yeah, yeah yeah learn know what's called we we covered yeah we covered TTOs a couple of podcasts ago. So if anyone else is looking to clear that up, we actually learned a lot on that podcast that we didn't know before. So that was quite interesting.
00:29:54
Speaker
um But yes, there is a an italic text which must be Rob thinking out loud. It must be. um Do you want to read that? Yeah, sure. Actually, I'm going to use my best English accent. Use your slanted voice. Yeah. um Actually, if venture capitalists wrote in on anything, it would be a.
00:30:20
Speaker
so that dog mill yeah dolgen so is ah Is it like a car? Yeah. It's a, you know, fun fairs with the cars that will like, you can drive into each other. Ah, yeah. Yeah. One of those like a bumpy car. Yeah, exactly. Yeah. Anything it would be a Dodge him or a bumper car. Oh, that's that. Yeah. That's the bumper car as, as they follow each other without will change direction in instance, a tether to a power source, their, uh, liquidity providers.
00:30:51
Speaker
And so once you had a ride, they could back up and travel wherever the next money is. That's totally how Rob would say it. Yes, that's ah knowing him for the many years that I have, you've nailed i I genuinely thought he'd entered the call. I was like, no way, Rob's here. well How did he get here? Thank you. Thank you. I know.
00:31:14
Speaker
But what I guess is perfect. Honestly, it's it's you you get this man a passport immediately. um But this is what we're kind of talking about ah venture capitalists. They all sort of, you know, drive around where where the money is and um what they're saying that the power source, the liquid providers and once you the researchers and stuff have come on, they'll pack up and go to wherever the next project is.
00:31:43
Speaker
No, it's kind of like ah use them and then lose them kind of situation, if that makes sense. Yeah, ah it's it makes a bit more sense if you actually read it without rushing, but yeah, a bumper car with a... ah Anyway, he laughs at them. That's the gist of it. Yes, he's he's basically not not not so ah slighting them a little bit. Yeah, and all in all, researchers and scientists are more akin to Quasimodo.
Researchers' Isolation Analogy
00:32:13
Speaker
For those who don't know, it's from Belle of Notre Dame. The famous song Belle is the only word I know that suits her well. When she dances all the stories she can tell. no That's an English version.
00:32:32
Speaker
The French one is more popular, but yeah, I hope somebody in the audience recognizes the song. Hopefully, yes. If you do. If you do, please leave a comment. Yeah, leave a comment in the reviews. We actually, we actually, we should start asking for that reviews because we currently have no reviews. So please leave a five star review with a question or a comment and we will be sure to read them out every episode.
00:32:56
Speaker
Yes, please, please. else please Stop. Are you looking for a way to make passive income with your online business with a quality partnership that has low startup costs and the pipe affiliates and referrals is for you. And affiliate is an individual business that helps promote the pipe services in exchange for a commission on the sales or leads that generate from their links.
00:33:20
Speaker
To do this, you'll need to join an affiliate program with PIPE, promote PIPE with unique tracking links on your websites, blogs or social media or any other channels. You will then go on to earn any commission made when a new user clicks your link and makes a purchase.
00:33:38
Speaker
You heard that right, when a new user clicks your link or any client of yours and makes a purchase, you earn a commission from it. The referral process using PIPE offers a structured and efficient way for acc recruiting agencies to connect qualified candidates with potential employers. By leveraging PIPE's capabilities, agencies can enhance the quality of their referrals and improve the chances of candidates being considered for suitable associate positions.
00:34:00
Speaker
There are currently four roles, sales associate with a revenue share of 20%, the affiliate with 15% and on a small scale there's referrer with 1% and associate referrer also with 1%. Go to www.thepipecompany.co.uk slash associates dash affiliates to become an an affiliate with the PIPE program today and start generating passive income with long-term potential.
00:34:28
Speaker
And they live in grand surroundings, unseen and secretive. Yeah, so he lived like at the bell tower. because ah the bell tower actually needs the inside of the tower to be it's like to have a like at least a staircase and for someone to take care because like you know the bell tower is meant to be run at like every hour. Of course, yeah. It requires the guy to actually be there like every hour, but except night, of course, and to have enough so ah like strength to actually ring the bell because it's very heavy.
00:35:03
Speaker
they'll even grant surroundings unseen and secretive he says unseen and secretive because obviously Quasimodo the hunchback um he was hiding ah away because of how he looked but wish to be heard from time to time. I'm tired of trying to be some, I'm tired of trying to be something I'm not, says QuasiMotto. And this is something to bear in mind. You can't turn a good researcher or scientist into an entrepreneur. And you can't take their research papers at face value as the foundation of a solution to be funded. Yeah, so theory and practice and commercialization are very different steps.
00:35:45
Speaker
actually ensure this The DAO is not the Esmeralda or the love of my life for the scientist or researcher. It is perhaps the final resting place for R and&D slash IP, so research and development slash IP ah and touch property that is otherwise mutant or deformed.
00:36:05
Speaker
that is quite a lot of the stuff to take in but yeah quite quite ah quite a lot of information to process there so I understand especially if someone's listening a bit a little bit confused it's not that's fair but we we always will link um the blog posts that we do or we cover on the podcasts in the description as well ah so if if anything we've said you maybe don't understand it or you you little bit sort of confused by if you read it sort of in the context of the blog post, maybe you might be able to understand it more. So again, that's going back all the way to, you know, doing your due diligence and research on early stage projects, which is what this is and what we are. And while we are meant to be reading the podcast to make it easier to understand, indeed, a little bit,
00:36:59
Speaker
we are pointing to the to the back show blog post so you can understand because you don't understand us but yeah anyway exactly yeah to go back to Cinderella for a moment in the original brother grim tale the evil stepsisters cut off their toes to try and fit their foot into the glass slipper such was the obsession with wealth and privilege yeah uh That part was not involved in the children's cartoon? No, no it wasn't. um yes you know ah like ah So, for example, in terms of Notre Dame, ah the hunchback of Notre Dame, um they they did not have a happy ending. the Quasimodo... Esmeralda was um tricked by the priest and publicly executed.
00:37:48
Speaker
in the informal way, let's say, by people, not in not on ah not by hanging. um Then the hunchback took revenge on him by throwing him off the tower. And then he was too heartbroken that he ah climbed into her grave. And the the third guy also met a tragic end. He got married.
00:38:14
Speaker
Yes that was the little funny twist but so yeah for him being married is the tragedy. I was going to say so because the brother grim ah stories ah or the brother's grim were actually German um so Disney sort of Americanized it.
00:38:32
Speaker
and made it a lot more happy because they have the very can-do and positive attitude over there I believe always getting told that they can do what they want and you know life is will have a happy ending and the reality of many other countries is No, this is a lie. So that's the it's the cultural difference between American humor and British humor, American humor. If you watch American sitcoms, a lot of them have a happy ending being like, oh, see, you know, it all works out in the end. Whereas the UK, it's just depressing. You're just like, never mind. Yeah, without weather of yours that you have there, it's always depressing. It's always de depressed. There's nothing to be happy about here. And the and similarly, in the Cinderella,
00:39:15
Speaker
ah They did not in the children's cartoon have the part about the cutting off the toes so Although I kind of wonder why they would even attempt that well I guess they were stupid or something because like it's a glass slipper You're gonna see all it being filled up with blood exactly because they cut off their toes Such was the obsession with wealth and privilege this sounds a bit more like web3 to me Yeah, so It's also a good. Web3 is a wonderful way to make money, but also there's a lot more to, there should be a lot more to Desi than just this. And many of these Desi Dao's are doing a similar thing. Instead of mutating themselves, they mutate research, trying to make a silk purse from a husband's self's ear.
00:40:04
Speaker
or Sal's ear. A silk purse from Sal's ear. I believe it's Sal's, some sort of farm animal. Well, Sal's ear, it's like an expression that I looked up that means something ah something you of poor quality or something. Oh, okay. And selling it to you as the emperor's nucleus. That's also emperor's nucleus, like an expression, but I'm not sure what it exactly means.
00:40:29
Speaker
and Yeah it's like taking something, oh the Emperor's New Clothes because that's a story about how a... ah so they asked this tailor to make the Emperor's New Clothes and he made nothing and basically he literally handed him nothing and said these are the best clothes you will ever wear um They're brilliant, they that that people will be bedazzled when they see them. And the other was like, absolutely, okay, I'll wear them. So he just walked around naked. And then everyone, and he was like, look at my new clothes, aren't they glorious? But he's got nothing on. Well, people were bedazzled, I guess. So he did shoot his purpose.
00:41:15
Speaker
yeah So how do we differentiate the fairy stories, ah fairy tale stories, the Disney from the practical, pragmatic, and truly valuable?
Distinguishing Valuable Ideas from Fairy Tales
00:41:26
Speaker
There are ways.
00:41:28
Speaker
me in indeed As I'm cackling evilly in a back alley. That's all right. That's a bit. I'm just in a back alley laughing. OK, sorry. Yeah.
00:41:42
Speaker
Okay, you can do the back alley section. Alright, I'll do the back door section, no worry. so But first, did you know that even top companies like Coinbase struggle with talent retention, averaging just about 0.8 years, so under one year. Web3 faces a big problem with unqualified applicants, some scammers, overall CV spammers, leading to short-term hires. Applications like passion, they are misaligned with the project ethos. This disconnect reduces long-term commitment to missions and goals. Well, Arbito fixes this. Arbito is a limited membership web3jobs platform that combines AI tools, vetting, and job management tools, as well as a third-party ad boosts. We are maximizing the number of eyeballs on your job post. Join today by going to our link tree in the description and look for arbito.io. So welcome to the back alley section of the podcast.
00:42:38
Speaker
um Today we're going to be talking about obviously very early stage research, which Rob has disclosed here, has very well documented risks, some of which are sort of relatively easy to test, even for the layperson. So for example, it's relatively easy for anyone to carry out prior art searches to discover if the sow's here. For the layperson, what's that? It's like a i blue collar worker or something?
00:43:04
Speaker
it I believe so, yeah. is It reminds me of something like that. Yeah, laypersons. I've searched up a person without profession or specialised knowledge in a particular subject, ah which makes more sense than a non-all-damned member of the church. is the other de Okay, it's a fancy English word. It is another fancy English word. Rob is doing a rob.
00:43:32
Speaker
um So prior art searches discover if the sousier or the cheap cut ah you are being sold is in fact someone else's silk purse ah or to discover if there is a freedom to operate in particular jurisdiction. These are two relatively simple tasks you can undertake to check the basics and which will ensure your golden carriage does not turn into a pumpkin at midnight.
00:43:57
Speaker
so you don't invest in another hawk quite yeah yeah so you don't have a net what was it actually called i'm going to google this now yeah it was called hawk like a hog called dollar sign hawk yeah hook to hawk two girl faces flashag ah Yeah, the crypto coin collapses hours after not even days hours, even the BBC have reported on it God Was it actually called Hawke coin? That's insane. I just the more I look at it the more I'm like how on earth did people
00:44:29
Speaker
It's one of those stories where you can tell the children. like and If ah Rob's generation has Disney, well, I guess ours too, but but a little a little bit to a lesser extent. The next generation, we're going to talk about the Hulk tour. Exactly. The Hulk tour. I've just found a picture. Let me send you this. I found a picture of the graph.
00:44:48
Speaker
the up and down it's like it look looks like a spire exactly happening the one now so that's such a violent drop that's insane oh yeah know um we we digress of course so stupid how do you fall for that um Where was I? Oh, right, of course, yes. and So the relatively simple tasks, you know, looking at the documented risks or trying to discover if there's a freedom to operate in a particular jurisdiction. Again, these are two relatively simple tasks you can undertake to check the basics and which will ensure your golden carriage does not turn into a pumpkin at midnight.
00:45:31
Speaker
Is that also not an expression? Pumpkin at midnight, or is that just Halloween? That's a Cinderella thing. So in the story, she made a carriage. Ah, yeah, I remember that one. Without clarity in these two areas, Sarah, if you get confused by any, I was big i had an ex-girlfriend who was really, really into Disney, ah which is why it I know it all. I know it all, mate.
00:45:59
Speaker
So without clarity in these two areas there are easy to establish, the underlying project is unsafe and until you can get clarity on these simple metrics you should avoid investing anything. So do not the next time a social media person that that that comes up from nothing. right they they do they've They've got no talent, no skills. they They say a funny thing. And next thing you know, they got a million followers. The next time they try and push a coin onto you, say no. Say no, because it doesn't work.
00:46:34
Speaker
and That's going to be the moral of the story of our children's. If there are any children listening, don't do it. don't Do not trust influencers on the internet because they lie to you all the time. Sorry. All right, we're here. I love that the main moral of this podcast is something that's not even mentioned in the blog post. It's just something we brought up.
00:46:59
Speaker
I mean, it goes to research and what is called the due diligence. due Yeah, it's all about due diligence. yeah And that's the currently as as of right now, that's the biggest example that I can think of. um Anyway.
00:47:16
Speaker
So without clarity in these two areas that are easy to establish, the underlying project is unsafe. And until you can get clarity on these simple metrics, you should avoid investing anything. um But that's the easy stuff you could do to sort of save yourself from losses. But what about the real edge? Where does that come from? How do you really find the goose that lays the golden egg?
Investment Potential: A Fairy Tale Twist
00:47:40
Speaker
That's Jack and the beanstalk.
00:47:41
Speaker
um Or known when to swap your prize cow for a few beans. So that's jacket. So the beans Do you need to explain it on this one? Are you have you got it Jack and the beanstalk? No he's a Disney thing as well or it's kind of they never made a film out of it But it's that this is a popular yeah English fairy tale. So there's this kid called Jack and um And he he was poor, he was broke. he He didn't invest. Oh, no, he invested in Hawk coin, lost all his money. and He had no money, but they had a prize cow, ah just the one. So he went to a market and this guy said, I'll trade you this cow for these beans, but these beans are magic. And Jack, being Jack was like, okay, I'll take the magic beans. But these beans are what? They're magic. They've got powers.
00:48:34
Speaker
And so Jack was like, all right, cool, I'll take the beans, goes home. His mum's fuming. She's like, why have you traded it for a couple beans? And he's like, let's grow them, see what happens. Grows them a massive, massive beanstalk that reaches into the clouds.
00:48:51
Speaker
forms overnight. So he climbs up and he meets a giant who has a goose that lays golden eggs and he steals the goose and he is them forever rich because he invested wisely in his magic beans.
00:49:06
Speaker
So the the the question that we're covering here is how will you know if the if these um D-side projects are your magic beings? But the the golden and goose isn't another story, it's part of the story. So yeah, so the the the goose that lays golden eggs is the same story. Oh, all right, I see.
00:49:26
Speaker
i cant know I know, it's it's ah there's something about, the a lot of British sort folklore tales are all about getting getting rich. and ah violent A lot of them. But before that, have you actually heard of a certain logo designer that managed to turn $2,000 into $200,000?
00:49:49
Speaker
I have not. Please tell me more. Oh well. His name is Dustin Moskowitz, a simple designer whose genius foresight in an early university startup, Facebook, changed his life. Yes, he designed the Facebook logo. And you can do this too by contributing to nascent technology startups from universities of today through PIPE Associate Network.
00:50:11
Speaker
Find out how you can get started today by going into the description, our link tree, and look for www.arbito.io slash pen. So what you need is what you need to discover your magic beans will be validation, qualification and verification and this is where we come in and it's what pipe developed over many years. So our QED process is the breadcrumb trail ah guiding a project through the deep dark forest of commercialization that's Hansel and Gretel.
00:50:45
Speaker
ah from technology readiness levels, solution readiness for market, proposition readiness for investment, and business operational readiness metrics. This mythology myology methodology, sorry. Yeah, we're approaching with mythology.
00:51:01
Speaker
yeah um i was smithology this this this myth and no This methodology is our USP, it defines the validity and value of an idea and it puts us in the right path, avoiding gingerbread houses um and focuses on the how and less on the why a project should and could be funded.
00:51:24
Speaker
um Also just as a side comment if you ever find a gingerbread house in the woods in England don't go near it just don't try not because there's a witch inside famously there's a witch inside who will try and eat you and if yeah it's the same yeah do not try like in the in the more ah Russian I guess ah folk folklore it's a it's ah Baba Yaga with the hold on what was it it's a house with no windows no doors on chicken legs
00:52:02
Speaker
Yeah. Is that where that's from? I saw a picture of that. I didn't know it was Russian. Yeah, it's a famous, the most famous Russian story. Well, the Baba Yaga, the boogie, I'd do that for Lake Lake. If you've played something like, um what's it called? to There was one mobile game that involved like different types of gods, north mythology, group mythology, mythology. There was Baba Yaga there as well. Not Raid Shadow Legends. No.
00:52:28
Speaker
I was gonna say. Smite, that's the one. Smite! Oh yeah, I've played that. that's Yeah, that's a huge game. That's really big in esports now. There's Baba Yaga there. Yeah. Which has that house with no doors, no windows on um chicken legs. But apparently in the British, it's a gingerbread house. Yeah, gingerbread house. So it it's that that's the the whole thing is there's a gingerbread house, um which, you know, it looks really great. You can eat it and all that. But on the inside,
00:52:57
Speaker
there's a witch that will throw you in an oven and try and eat you. ah Following the meme coins type of lead, you're playing this game where you try to eat the house a bit, but not far enough that the witch would capture you. ah that's that's your That's the task here, if you're into meme coins. Wow, this is sick. Baba Yaga.
00:53:22
Speaker
Yeah, any time a game tries to commercialize one of those ah folklore stories, they become big. That's one of the greatest things, actually. That's why it is very important to actually have ah people who can commercialize your product, not just the product itself. Exactly. Like we at Pipe Gear? Of course. Like us, yes. it it's ah It's all the circle. It all comes back to us. Of course it does. We're not totally making it up. Of course not.
00:53:50
Speaker
And yeah so if you want fairy stories that end up as a horror show, then navigate over to Disney Dallas. Currently selling your... Yeah, so Disney makes the good ending, but the the happy ending, but the original... so The originals are usually and usually end up pretty gruesome. Very gruesome, exactly. disney disney Disney will show you a story and be like, look how good this is. This is such a nice story. But when you look at the original, where they got the inspiration from, you'll be like, i oh my God, how did people tell their children this?
00:54:23
Speaker
Yeah, because it's it's meant to be a cautionary tale, not a feel-good tale. yeah Yeah. But if you want your investment in Decide to be
00:54:42
Speaker
That was, you started off very well. I thought you were going to get it. That was very close. so it's Which part did I not get right? yeah When you got to... ah ah fragile So it's fragileistic, expialidocious. So super colour fragileistic expialidocious. Ah, okay.
00:55:04
Speaker
I didn't know it was an actual word. I thought that he just put some letters together. No, but like it does consist of three different words. Yes, it's it's not a word. It's from a um another British story called Mary Poppins, um where she was like, you know, if something's like really good, if if it's really good, then it's super colour, fragileistic, expialidocious.
00:55:28
Speaker
Ah, may i I see. I never even watched main pop, main pop-ins honestly. Like ah ah where I left, there was no main pop-ins translation. So yeah. Then you should really come and talk to us at pipe.
Supporting Research Commercialization
00:55:44
Speaker
Now, if you are sitting me comfortably, let me begin. Once upon a time, in our PGF Launchpad and GDAO, not too far away, like in Star Wars, but not too far away, a mighty web2 platform spent many years developing processes and methodologies for testing, proving and validating every early stage research and IP. They worked tirelessly for many years to create a perfect world where researchers and scientists could bring their ideas and have them validated.
00:56:12
Speaker
removing all the issues and risks that stopped them from becoming, quote, the next big thing. However, the Web2 platform wanted to find a like-minded community who could support these projects, get involved and invest in them.
00:56:27
Speaker
If you want to help with the next chapter of the story, and it's no fairy tale, it is going on right now, then come and get involved. Whether you want to bring us projects, join communities, or invest in our projects, you can help us truly deliver the real world value of hashtag Desai and create all our happy ever afters. All capitalized happy ever afters.
00:56:52
Speaker
Thank you for listening to our story of pipe judo, episode 11. A lot of fairy tales, a lot of cool good talks, um and some lessons along the way, I hope. And I'm sure we'll create a lot of funny ah little cuts and stories and TikToks from this.
00:57:13
Speaker
oh Oh yeah, the the clips are going to be great for this one. Go away. We've clip farmed here. um But no, i I feel like, yeah, if we did good here. um if you Obviously, if you want to read the blog yourself, the link will be in description. If you want to join our Discord and our Telegram where we're there's somebody always active, and then again, please go to our link tree, follow us on socials to keep updated with everything.
00:57:39
Speaker
um and probably the biggest thing please like follow um however whatever platform you're using please support the podcast any way you can leave a five star rating um with any questions ah questions any add-ons any funny comments you may have and we will be sure to shout out our favorite ones or if you've got any questions we'll answer them on the next podcast um so yeah please yeah and we'll see you next time