0:08 You are listening to social bees radio, where we put the honey in the honey pots. I'm your director rickster. And if you ever wanted to know everything and anything about web three crypto or NF T's, you're in the right place. So fasten your seat belt. Get ready. Let's get started 0:36 Oh, how's it going? Guys? Look at that got D re got Austin and cardiac. Chris, how are y'all doing? 0:43 Good the party in the House. That's it. Austin underscore define doing great doing great. You know, we should obviously be discussing the past few weeks, we've been talking about how we're a defy the NFT project that we have. It's also there's cryptocurrency in our thing called V honey. But the Austin had a great idea just talk about the Dow itself. And that's kind of why we started this little roundtable, you have a kind of something you want to jump off with Austin that we're talking about the Dow and everything that these bees do, man. 1:17 I was waiting for D ray to do that. Jumping off the cardiac surgery list, let's start with the biggest thing that's our treasury right. We have 5.3 million Bihan tokens in this treasury, we all know beehives up over a buck again. So that's $5 million in this treasury, it's amazing stuff. 1:38 Out of our circulating supply up there, we've got 30.3 30,300,000 Honey intercalation. So that Treasury tells you where 17% of those tokens are messing the bees down, let's that's some can stop 17% Of all the circulating supply is in the bees treasury. That's your that's just ignite and make every bee owner, you know, to be a part of this now, because that's some big money, huge money. So right, that's one of the biggest things for me is expanding to, and then numbers is gonna keep going up. Like, like Chris said, we're not even halfway we're three auctions away from halfway. So that number is just gonna keep increasing. So it's very exciting stuff in there, everybody might not know what that what that actually doubt, Treasury is going to function. And so why don't we talk about what that Treasury is actually going to do? 2:35 Yeah, right. I mean, there's a lot of different things you could do. 2:39 You know, even just talking about I was on coin Gecko the other day, and how we always kind of bring up that this is this is just getting started, there would be really no sense in actually kind of rolling out any type of proposals right now. Because the the actual value of it is seriously undervalued, I'm not giving 3:03 vise without a certain with certainty that this is seriously undervalued, because you can go and look at this, this bee honey here. And I don't know why it wasn't doing it the other day. But yesterday, we were looking at it. And sometimes it doesn't pull in the data. But this Joe, you know, this, this, this token, just from a month ago, 90 days ago, and I don't know if it'll change with be hit in 30 days, it doesn't. But that's what you're seeing, right, you're starting to see everybody looking and taking a look at what this project is, you know, this was up over like 60 to 70%. And again, just getting started just getting people to look at what this is. So, you know, if you start seeing when we were talking about what this Treasury pretty much it's dollar for dollar for now. But imagine when you're starting to talk where it's $5 $10 $25 a token, that's why you know, you hear those things, that it's a self generating billion dollar fund, there's a lot of different things where you know, this this value is going to continue to increase again, that's my opinion, because I'm a believer, you know, got the Kool Aid going right there. It is, that's what you look at is we're just starting it building out this foundation, and now kind of going out and speaking to the world about what this really is because there's a there is a lot to it. These bees these bees give you access to it right. 4:23 That's the cool part. So you know, we're highlighting the Treasury but 4:28 you know, as the beholder sometimes maybe it's taken for granted or maybe just don't understand exactly what that means. 4:36 You know, we have we have a lot of we have a lot of passions in this group. A lot of people have things that they want to go and go and achieve whether it's from economic opportunity or you know, we're always here Jimmy with the with the region's the regenerative finance. You know, there's people that aren't happy with the medical system. There's people that aren't happy with you know, the food supply, you know, you name it. And what this does is this 5:00 provides an access of capital to where we can go and problem solve. And that's, you know, incredible in itself, I was telling rails like, you know, there's things that we can do to where maybe it's maybe it's a small town or village in, in South America or, or Africa or Europe or wherever it may be. And we provide the town with like 10 semi trucks as being so much random, SBU or whatever provide the provide the funding? Well, 5:28 maybe when we go there, they provide us with land or just having to be there, it's just you're just royalty, anytime you visit, visit that place, Will, for a village that know somebody connected to the bees, it's like a privilege. So for somebody just to know, somebody that is in the bees, to know somebody that's in the bees is a privilege, because what they have the access to that the bees have access to this network access to the knowledge based access to the people access to this Treasury access, you know, to make votes and proposals and, and get involved in the group. So just to be able to know somebody's in the bees is a privilege. And once we start understanding the power of what we can do around the world, you know, in the years to come, it's like, man, these bees are incredibly undervalued, the honey is incredibly undervalued. And, you know, there's, it's almost like a, you know, I don't know, the proper word, but like a blessing to even just just know somebody in the bees in that building. Like, you're gonna be, it's like, it's like prestige. So to say, like, you know, if you bring somebody on your team that's from you see, all the time, this person is an X, Google engineer, X Facebook engineer, why do they put that it's like, almost like advertising most because Facebook and Netflix and Google have all had incredible success. So that brings that company legitimacy? Well, there, you're gonna see that across the board, like, in like, citizens, this person is running for mayor, while he holds a B, he knows somebody that's me. You know, it's just a level of prestige that I don't think we've quite understood, and that we'll start realizing later on down the road, what this what this B actually unlocks and gives us access to in the Dow. Yeah, I'm 100%. And then like you said, you know, just knowing somebody is a privilege, imagine holding the beat, right? Like, yeah, and you said that too, you know, you got to really understand that you have this, this asset, and it's always always, you know, connected to your wallet. You know, this gives you access to a lot of different things, not only to that treasure that we started out with, but the people would that that's among this group, there's a lot of people who are very, very well connected, a lot of people that have a lot of experience and many, many, many different fields. We have people that are, you know, blue collar all the way up to, you know, corporate white collar and then just people who've who've been in big corporations, right and ran big corporations, it's, it's amazing that you can kind of throw out and think about a concept, think about an idea. And we can, we can literally do any of that and roll it out within the group. Right? That is, that is you don't have that kind of access, usually at all. In life. I know, I've tried to do several different things. I've done things on Amazon, had my own products had had things like supplements, did a lot of stuff. But it was always on me. Right. And that's cool. But having access to people that have especially the knowledge that's amazing to me, I don't think I was just talking to somebody today. And man, he's only been with us for like 810 months. And he was able to talk to his some of his co workers that were talking about that FTX stuff. And as he was talking, as he was talking, he realized how much he knew you'd how many times we've been telling all y'all that right of where he understood the difference of that centralized, and what he was explaining where he has and holds these assets, they're in his they're in his wallet, how he's on the other side of the wall. That's the biggest thing, again, not to kind of just, you know, going over and over more more about what this data is. But the education that we've gotten here is is is invaluable. And that's what I see also, is that's only going to increase exponentially. Because again, as you start seeing this rollout, and more and more people flood into this space, right, number one, they're going to look to us and ask us about what all is going on here. This is a big ecosystem. So that's huge. And then we're also going to be able to absorb everything that they've been off doing in that crypto realm that they've been working on. It's it's an incredible opportunity to absorb a lot of education, that listen, we're only touching the surface. This is only just the beginning. And that's what I see as another huge benefit is just the knowledge that we're gaining right now. 9:42 A little bit combination of everything you guys are talking about and we've all been around long enough to know it's not just what you know, it's who you know. So you look at that BNF t you read the whole functioning of the Dow and the tokenomics of the bee honey token and 10:00 Not only do you have access, and you're utilizing all those tools, you also have the access to, like you said, right the people that are in the community, which, which is a value in itself. So it's, um, you know, so when you read, when you read the Dow pay the Dow ledger there and how its function, you're not just getting access to that you're getting access to the people, the Dow, you know, there's so many different tiers to it. And once you get into it, there's so many different layers, those are just two right there. And then it just keeps on going and going. 10:33 It is the concepts are the coolest, because I like talking to Austin, I like talking to derail, like talking to FOMO, when you you tell you start talking some about some of your ideas, the creative juices in this group is, is awesome. And sometimes you don't even think of what made you know, maybe they were thinking about whatever is the multisig wallets, or this over here and, and just how this might work and, and how you can go and decentralize this part. But still kind of keep whatever, it's just neat, to be able to just kind of just go and talk to people in this group and you come up with pretty, you know, innovative ideas, you're not gonna see this so good stuff, my background, Austin. 11:13 I have a dog whining in the background, but 11:18 no, I was gonna say FOMO had an early start getting him excited, his head goes for his head goes door, and then you get them excited, it turns shiny, you literally can see it from like, no brain activity to excitement, just matter, like washing his hands, why is live on YouTube. So it's quite interesting. You know, maybe we got to run like a scientific research on that one, just things up, too. But, um, know, what's something that's misunderstood, too, is 11:47 what's really cool about Dows is they're almost like an online country. It's, you know, it's a digital nation. And the way that you're verified as a citizen is, you know, in this case is the NFT, or its token gated. So in our case, if you're, if you're a beholder, you're a member of this online country, and this country is the social beasts. And within this country, there is not a bottleneck as to who's proposing and creating the laws, and, you know, enforcing the laws. And that's something that's almost maybe to be developed as time goes on how we, how they get structured, how the bees start to vote on how they want governance and structured systems, 12:28 you know, from passing, passing of proposals and executing on them and whatnot, but it's, it's just, you know, the fingertip, you know, the possibilities are at our fingertips to where we can literally create and reimagine things that way that we think, are unjust, or ways that we see opportunities available, we can move at lightning fast speed across the world to be able to create things, it's a, there's no bottleneck to it. And, you know, here, and I guess in the physical world, you're landlocked to your geographical region, to your, your geographical laws, your local political and governance system. And, you know, if there's, if there's a pothole in the road that you don't like, you have to go through the process of having to go like ask the city to fill the pothole, or get funding for it, whatever it may be. Whereas that takes a long time. Whereas something in this online nation, you may see that there's an opportunity for funding somewhere or a project development project wherever may be, and you can have the swarm of 234 1000 people across the world executing on this on this vision, this idea almost instantaneous speed. So it's, it's gonna be crazy. as we as we unlock the potential of this, it's just the beginning. It's just, it's just an it's grassroots. 13:53 We're set we're brand new country, it's gonna take a long time for Rome to develop is gonna take long time for as America developed and whatnot, but we're an online country, the NFT is like our citizen card, it gives us grasas or citizen rights, and what rights do we want to get into this Dao? And then also, you know, we have the decentralized decision making to where anybody can can make decisions anybody can create things as part of this as part of this organization. And there's no hierarchy to say, Hey, am I allowed to do this really hierarchy is, I guess the code the limitations in the code and that can those are things that can be proposed on and changed at some point so 14:35 well, in front of us, it is funny because like when you were talking about that always thing I was thinking about the one time with BT and she's awesome graphic designer in our group and just she just used to work in because she's worked for a very large corporation. I'm not gonna name but she's used to work in in that kind of bubble right where you have a department and you got to clear through all this stuff. And it was funny to see her and, you know, trying to get her used to work 15:00 And through this where no, go ahead be, whatever, whatever you want to do. Go ahead and do that. And we'll you know, kind of we'll adjust from there. But she was working on all kinds of different graphics and graphics and stuff like that. And it was it was just neat to see, you know, well, who do I ask, Who do I talk to? Well, I'll just do it. 15:18 And that that is, that is the cool part. And I'm gonna share that that like I said, I had a little print not a presentation is really just an image. And, you know, what if what if we start to saying just be it? Just be it. 15:32 Just be just be it. 15:35 Yeah, Ben, just taking my Nike will be. Just be it. Yeah. Like, like, there we go. So using that. It is that's good bit. And because that's that's the truth. That's literally, I thought, you know, since we kind of been, you know, kind of since the beginning with defy, we've got to see a lot of different people come through. I remember doing that with, like I said, websites, I remember what like I said, No, we miss sushi, and how that how that worked with sushi and how he was so passionate about logos. I've seen it so many times. And it's really neat when people see, wow, I really can, I can do anything I want here. And you know, as the community goes and adopts it and starts to get behind it, then that's what it is that that's really how this place works, man. And that's, that's what's neat, right. So that's what I kind of put up here, this is an interactive image, you'll see I'll click on some of this. But the data is a major concept for 2023. And it will disrupt many industries, you're gonna see, just like we talked about with Blockchain smart contracts. But this is more of a governance type of way to do this thing, because that's how we start when we were talking about starting all this with the Dow, that's initially like Austin's been talking about, it was about governance, maybe not a huge major city, but you can start off in towns and, and smaller, and smaller places. And eventually, when you start working all this out, and finding out where there's going to be issues and problems. This could be like I said, a great way to govern cities, right? 17:10 So if you want, like I said, I'm just going to read and go through some of this stuff, because there are people obviously working on the cities could run on web three technology back end by using decentralized autonomous organizations, or Dallas, Dallas, or computerized setups that allow information to run on the blockchain and certain functions to trigger automatically through smart contracts. Dows allow groups of people to work together, void of trust, I don't have to trust dusty, I don't have to trust cardiac, I don't have to trust Austin, is because the code is what that trustless system is is actually, you know, working and making all those function happen. So there's not need up between parties. They do this, for example, by reaching decisions through voting. And we're requiring group approval to access treasuries we spoke about that at the beginning, the rules around spending are written into the Dow via its code, while actions are transparent because of the blockchain. Right. So that's, again, why we don't have to kind of work in this hierarchical type system, we just go get around an idea. And then go ahead and make that happen. Right? Absolutely. But not Not, not all Dells are set up that way. Right. Some of them will have a voting structure. But there's still that Horik hierarchy place, you know, at the end of the vote to approve maybe how that how that rule is implemented into the ecosystem or something. So I love the bees. Now, I love how the hierarchy is removed. Every bee has a has a voice, it has a vote. It's just except for you. 18:49 From a manual count, but everybody else's count. So it's pretty cool. 18:55 Your wall has been excluded. 18:57 We voted on it, we voted on it. But we need this. I was just telling Ray today, you know, Georgia had its run off yesterday, and the election, and I had a friend that called me and said, You're not gonna believe this. And his wife and his daughter all live in the same household, they went to vote. So we have a system that scans your driver's license, there's a barcode on it, 19:20 and you get approved to vote that way. That's the way you you go in, you go to the table and vote so the father and mother were good to go the daughter they told him that she was gonna have to go to a different county and vote. So where are you talking about? We all live in the same house. Why would you have to go to another county? They're like, well, she has another address on her license. It's right here. It's the same address. But let me see it. The computer screen was a completely different person when they scan on a D so there's just as weird stuff you know, so this breed and eat this stuff in our in our voting system and countries and stuff. So yeah, they got they got some strange stuff going on there. Georgia tell you yeah. 20:02 There's definitely some wires crossed somewhere. But seriously, what he's touching on that is, I mean, do you know how amazing how big of a change that would be? Because we know that you could do this, you hook up your Metamask wallet, it has just your NFT that says my name, right? And I mean, it's verified that is you, right? Majan you doing that? Do you know how much voting participate, you know, participation we we get? Because I know it's only like 20% of the country votes. But imagine if you really could do this at home, like I can hop on my computer. And I do it just like we do it on our doubt. Right? I hop in there, connect my wallet, and I vote, do you know how much we would get over 70 80% participation in this country. And it's all real, right? There is no one of that, you know, fiddling around of that garbage. Right. So that's, again, a lot of important things are happening right now, you don't know that you're a part of it, you don't know that you're doing it, you don't know that you're actively participating in it. But you're creating a new way that could completely change the way this world operates. And that's really cool, man. 21:09 Go ahead, Chris. 21:11 No, I was gonna say touch, touching, touching on our specific data on how we don't have a hierarchy. 21:18 It like two weeks ago, I had somebody reach out to me through Twitter, and I'm like, what, why are they contacting me? And they're asking me about our dowel. And the obviously read from from chatting with them, they obviously went to our website and read our now and they're, they're kind of lat follow up question was, do I have access to putting in proposals and, and the, you know, our treasury and stuff like that. So I think I think that's gonna be a wow moment for a lot of people, when I'll so many people start finding out about what we're doing here is that the, and they can they can afford to get in with with buying a four B or whatnot. So their access point is going to be trying to contact people that have bees. Right. And that's gonna be a powerful, powerful woman to show you how powerful what we're doing here is, yeah, absolutely. Right on, that goes with, like, we were saying earlier, you know, it's a privilege just to know somebody, that's a be we one thing that, 22:20 you know, you can ask yourself, like, well, what is the point of all this keep going here and Dow this dow that, you know, so one thing that I don't want to, like gloss over is kind of like the purpose, or like the mission based behind this, and getting that type of mindset to where this isn't just like, oh, let's fill up the Treasury, then that said proposal to where we're just going to pay ourselves amazing. No, it's like, what does that accomplish? You know, there's not really 22:46 you know, there's doesn't really accomplish anything. So, we get like this, this purpose based mindset to where 22:53 you think you realized that the SP Dow was essentially like, like the infrastructure like the the foundation, where you can build upon it. And so, you can take whatever passion or purpose it is that that you know, you have and figure out how to incorporate that on top of SBU now utilizing the be utilize an empowerment be using the bihani token however that may be and one thing from like a core concept is the adoption of what through talking about education, you're talking about onboarding, but why do we focus on that so much? Well, it's like, 23:26 I remember now it was too young for this. So this is me just referencing from a third party. But there's there's I guess the adoption of the internet is you had to call like a technician and they would show up and they would just be it dot eath. He already got it. But like it says getting shinier is has gotten shine. You're looking at 23:47 those dollar amounts and shining. He's getting an idea. 23:53 Come on with it. That's hilarious. That's awesome. I'm saying it's I had this idea. It came to me 24:02 waiting. I had a grab my towel. And I was thinking too much. I'm like, You know what? This is my community. I love these guys. Let me go grab this for our community. And this is 24:15 ours. It is dot E is the proud ownership with a core we own it we got because I'm listening to the best show and show business. I hear and just be it just 24:33 maybe locked up. 24:36 I love you guys. Great. I can talk for hours and hours. 24:40 But I didn't quite finish my thought but we'll come back next Wednesday and kick some ass on the Dow. It is we're going to start doing this every Wednesday I was it's like I said it's a great idea, Austin and we should be doing that. And like you said even to there are a lot of other people in this space that have doubts. And we're going to start having this discussion about 25:00 Oh, this one very important piece that that we're all a part of. And that is what these bees do is they give you an access for that. So it's amazing. I appreciate the idea, appreciate the conversation. And we are going to start doing this a lot more more often. Because there's a lot of things. That's why we touched on d phi NF. TS, we were going to start talking about it because there's a lot there's a lot here and that B gives you access to everything and it's amazing. So appreciate it guys. Thanks for jumping on and the Dow table. The Dow table. I like it great before we leave you go over that. It's about the people. It's about the people the biggest asset about the bees. Again, I'm gonna repeat is not the bees. It's the access to the people that own the bees. Yes. And that's who it is. Because I wouldn't trade you guys for anything. Yeah, so for sure for just being 25:53 I'm joking. That's hilarious. It's all good. You know, nine to the beat table right so the beat table 25:59 I love it. Table All right. Hey, I'll see you all over discord. Thank you, appreciate ya 26:14 you ever been listening to social BS radio when we put the honey in the honey pots? Make sure to check out our next episode of social DS radio. Till then signing off.