Solana Money Boys AMA w/ @marccolcer

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Summary of @SolanaMoneyBoys AMA w/ @marccolcer Running time: 1hr 37mins Questions & answers are paraphrased Method: I made 2 full passes of the entire AMA then a dip in & out fact check for 1 hour Correct me in the comments if you find an error

1. @moneyboy0x asked for permission to toss questions to @MoneyBoyBriggs & @cheeseslutt 2. Marc said he has a lot questions to ask so yeah that was cool for the guys to hop in 3. In late April podcast with Marc, MoneyLand & MoneyPlex were discussed. What happened since?

4. 0x: Said they deployed V1.0 of MoneyPlex, WL feature, raffle system, enhanced staking experience, & had worked to create use cases for $MBC. But lots of MoneyPlex lookalikes out there now but nothing in Solana like MoneyLand. Intro'd @Doctor_Peepee as new artist / animator

5. What was the biggest challenge since then? 6. 0x: Said they decided to double down on MoneyLand cos better analytics teams were shipping better dashboard alt's to MoneyPlex so they needed to pivot to deliver a unique offering via MoneyLand

7. Have you communicated properly with the community? 8. 0x: No, awful, sorry, wrapped up in maintaining secrecy, said bear changed that, this was their biggest shortcoming. 0x said "that is where we fucked up" & on & on the comms issue was covered again & again thru the AMA

9. What have you learned about yourself/shortcomings & are are you going to change anything? 10. 0x: Thought he could do everything himself. Good at art/coding/generating content but "not great" at ops/marketing/comms. Bad at delegating. Like comms issue, covered repeatedly

11. 0x FTE of MBs? Who are team? 12. 0x is FT (40hrs p.w) Dr. PeePee artist to 0x's Art Director 0x said MBs is 7 person team: 0x; Cheese FT (40hrs p.w); Briggs PT (20hrs p.w);2 x PT Devs (80% MoneyLand/20% MoneyPlex WLs) & Dr. Peepee. I make this 6? Check yourself 23' mark

13. Briggs & Cheese role? 14. We all know what Cheese does🤝❤️ Briggs said he likes the background but had also pulled back recently for personal reasons. 0x said Briggs was being too modest. Has strategic input in all decisions from the outset, now, & will into the future

15. 0x spoke about MBs not firing any1 from team, & had "no idea" where ppl got that from, core contributors come & go & are valued in the MBs community, & for their contributions, 0x used @AesVillain as a case study of how this worked well. Segment allowed to run too long

16. @TheGotHeem then came in & hosed that statement with a detailed & very believable claim about being indirectly fired by 0x via Briggs over MB Twitter account access for a @womeninnfts collab Spaces. 0x refused, GotHeem was removed, Women in NFTs passed on collab as a result

17. 0x then gave his account of what happened with GotHeem but this contradicted his statements in 15 above. GotHeem claimed 0x is "all about the hype" & giving the "good news". Again we went back to "having better comms" will fix all of this. One hour in. Wen the "good stuff?"

18. @aescapism then took the mic, said she met 0x "on the yacht". Excuse me but immediately thought Illuminati / the 1% / Elysium😅, turned out to be a NYC NFT event. Went on to pose a very articulate question about communications and suggested 0x pivoted cont/

and answered the question about how he would be communicating with the holders rather than the team. GoGo suggested to hire for a community manager if public speaking was not 0x's forte as long as 0x had an excellent relationship with the hire cont/

GoGo then asked 0x to return to the question of communications within the MB team 0x said there was one incident & this does not represent the team dynamic. Again covered the comms issue. 0x will listen better in future is the key takeaway

19. @wizzyknows questioned strategic direction, the changes over time, confusion about the actual strategic direction NOW, asked "what is it?" 0x: 1 liner "Building a product trading NFT interface that simply does not exist in Solana space backed some of the best art on Solana"

20. @6atman requested update on merch, hoodies/t-shirts 0x: Wanted to make sure that we dropped this at the right time but they we are prolly just gonna drop it very soon with a smaller run. Hard work is done on manufacturer & samples. Good vibes here

21. Financials: Alleged $800K in FTX is fiction & MB did not steal $1M, no idea where ppl got that from Had $750K from mint. Have $500K left. 2 years runway (really?). Funds are not in 1 wallet, they like to move them around. It's on the blockchain, invited ppl to look for it

22. Marc asked would MBs provide a monthly financial statement summary? 0x: No we are not a public company, people can check the blockchain. MBs will be transparent but will not be giving this info monthly cos again not a public company

23. @MilkyDoosty came on & was pretty animated, I get that. Stated 0x can not come on & be so casual. Needs to step up. "It's laughable that you are acting like it's a chore to do your job & communicate with holders. There's got to be some responsibility" 0x: Vague reply tbh

24. @4Cryp then made an excellent case for a Board of Directors as an assist to strategic decision making & appropriate assistance from qualified members of the community Was not addressed by 0x as Marc jumped in & re-stated the importance of what SOL_Gen_Crypto was proposing

25. @_bennch then asked an excellent & expansive set of questions. 0x replied as follows: MonkeDao Validator: not a priority, not the right time, not near top of list, will be some time before its happens because of financial & technical aspects cont/

Primates Collab: Waiting on revert after they recently released the S/W underpinning collab Liquidity Pool: No plans for LP for $MBC if they do decide will let ppl know "wen" @thejonnyjpegs then offered his help, 0x thanked him, & they hugged out their previous differences🤝

26. @LibertyNFTs What is it you (0x) want at the end of the day as Founder? 0x: We want to be the most valuable project on Solana that has done something that no one else has done and has created a sustainable and valuable platform to their holders. 0x then wrapped up

Q's: 8/10 A's: 6/10 Why? 1. Financials: Still vague, budget low v objectives def not 2 years 2. Strategy: Passionate but vague. Lack team size & depth 3. Transparency: Promises on community & team comms but answers on financials ⬇️ 4. BoD & Advisors as per @4Cryp in 24 above