Community Call #1

by | Dec 23, 2021

Editor’s note: Welcome to FreeRoss DAO Blog! This is the transcript for the community call for December 15, 2021. The first couple of minutes were cut off on the recording, but the majority of the call is transcribed in its entirety. -docbtc]

Summary

  1. When will the token be distributed?

1.1. The token will be distributed around 3pm Pacific time 15 Dec.

2.What will the token be called?

2.1. -$FREE. Why name change? See announcement here: https://discord.com/channels/91568859…

3. How can I help the community?

3.1. We are looking for contributors of all sorts right now. Helps is required with moderation but in terms of more high value efforts — it’s important to change the public perception of Ross’s image so people with experience in PR and marketing would be very welcome. Today’s most important community task: getting out the message out about the reasons behind the change of name would be much appreciated. Another task right now: help to create clear onboarding routes to enable people to contribute.

4. What will be the use case of $FREE?

4.1. Apart from representing a fractionalised NFT, $FREE will serve as a governance token for the DAO.

5. What happens after the token is issued? Will PleasrDAO add liquidity to Uniswap for $FREE token?

5.1. No, Plsr DAO will not be adding liquidity. It’s important to note that this is not a financial speculation play token.

6. DAO Governance: Will this operate as a DAO?

6.1. Yes, absolutely.

7. DAO governance concern 1: ratification of proposals that go against Ross’s best interests

7.1. One of the concerns is that proposals can be ratified that can cause harm to family’s efforts to free Ross.The DAO will some sort of governance mechanism with family and legal experts to ensure that proposals are in Ross’s interests.

8. DAO governance concern 2: NFT.

8.1. The reserve price will be set at approximately 6x of the cost at which we won the NFT collection.With that said, the way fractional heart works is that community members that end up holding these $FREE tokens that represent fractions of the NFT collection will be able to come together and vote and lower that reserve price and that has brought up the question for us.

9. What happens if the reserve price is lowered and someone wins the auction?

9.1.Anybody who holds FREE tokens will be able to go and claim their Ethereum for which the NFT was bought.

10. Under that scenario, how will be the governance be executed?

10.1. In that case, a second, new governance token will be distributed and they will no longer represent the NFT which in case will have been sold.

Transcript

Juan:

… NFTs, and the way fractional.art works is that there is a reserve price set to trigger an auction on these NFTs. Obviously, I think we don’t want to set that reserve price too low because a lot of the people that are in here for my understanding, including FreeRossDAO were not in this to quickly flip the NFTs in a short period of time. So we will be setting that reserve price at approximately 6X of the cost at which we won the NFT collection. But with that said, the way fractional.art works is that community members that end up holding these $FREE tokens that represent fractions of the NFT collection will be able to come together and vote and lower that reserve price.

Juan:

And that has brought up the question for us, okay, what happens if the reserve price is lowered and auction is triggered and somebody wins the auction and all the NFTs go to that winning buyer. Basically, it would mean, the way that fractional.art works, is that anybody that holds $FREE tokens would be able to go to fractional.art and basically claim the Ethereum for which the NFTs were sold in exchange for the $FREE tokens.

Juan:

But that brings up a really important question. Okay, under that scenario, how do we continue to govern the funds that are currently in our treasury? So right now, the idea is that, in that case, we will basically distribute a second and new governance token for the sole purpose of ongoing governance of those treasury funds and that governance token obviously would no longer represent fractional ownership in the NFTs that in which case would’ve been sold.

René Pinnell:

Awesome. Thanks for that update.

Juan:

[crosstalk 00:01:54] that sounded very complex.

René Pinnell:

Makes sense to me. If anybody has questions, again, feel to raise your hand. We want to hear from folks. I know another thing that we’re looking for is people that, the core mission of FreeRossDAO really resonates with, and we want to hear from you and this call, we want you to step up to leadership roles as appropriate. So yeah, we really are looking for people in this community that are here that align with this mission of FreeRoss and helping make the world a safe place for free people in general. Freedom has always been core to Ross, philosophically and personally. I’ve always thought that there’s this irony that the movement that is been built up around him is called FreeRoss, because free both works as a verb and an adjective. We want to free Ross, but free is the best word to describe Ross too.

René Pinnell:

He’s a free spirit. He’s a free thinker. When he built the Silk Road, it was from a deep belief that people could be free to engage in commerce as contesting adults, provided that’s not going to hurt a third party. He believed that people should have the freedom to choose how to their lives without being coerced by anyone else. So I really do think that this name change makes a lot of sense. Ross has always wanted this to be about more than just himself. And I think shifting the focus to freedom and find to secure his freedom and propagate and promote the idea of personal freedom and liberty, it just feels really right for a lot of reasons. So I hope long term, this name change will actually make a lot more sense than calling it just the Ross coin. Yeah, I’d love to hear from folks so it’s not just Juan and I jibber jabber about this. If there’s anything that you want to hear us talk about or have questions, throw your hand up and we’ll pull you in. We’d love to hear from people in the community.

Juan:

I know you want to be involved in some of the things that we’re going to try to tackle here. So with that said, if no one has any questions, I can go over some of our plans over the next few days after the tokens are distributed. I think it would make a lot of sense to start having some first governance proposals. And the first one that we are drafting is going to be to ratify an operational leader with roles and responsibilities. And just so happens that René who’s on this call is going to be the candidate for that operational leader. And this governance proposal would outline what his role and responsibilities are going to be, which roughly I can go over right now which is, from one level there’s community management, there’s overseeing and onboarding all these different volunteers that want to be involved.

Juan:

There’s organizing the weekly talent meetings, but I think most important part is leveraging this community through crowdsource ideas and initiatives for the use of the community funds. And with that starting to prioritize, what are some of the first proposals that this operational leader can start drafting to push through governance. And another piece of this first governance proposal is going to be, as we’ve talked to some of the family members and a few of the other experts involved in this cause, one of the concerns has been, obviously Ross has no involvement whatsoever with the creation or operation of this DAO, but one of their concerns is, they’re worried that proposals could be ratified that could cause harm to Ross or to the family’s efforts to FreeRoss.

Juan:

So one of the things that we’re thinking about right now is, basically, in this first governance proposal, have some governance mechanism where we have an advisory council made up of family and legal experts that would act as a checks and balance to ensure that any governance proposal that Renee wants to publish for the community to vote on passes through the lens of: “Is this going to cause any harm to Ross or to the family’s efforts to FreeRoss?”. The advisory council’s purpose, the way that we’re thinking about it right now is not to have opinions about the governance proposals or how they could be better or why they don’t like a certain idea.

Juan:

It is strictly under the guise in the lens of “Will this governance proposal if passed a ratified hurt Ross or hurt the family’s chances of freeing Ross?”. This isn’t something that we had contemplated early on, but I think this first governance proposal would basically set up the structure for who’s going to lead and who the operational lead will be and his roles and responsibilities alongside with how this advisory council would work and who those names and the advisory council will be. But outside from that, I’ve heard comments or questions in regards to, will this operate as a DAO?

Juan:

And the answer is yes, absolutely. I think that the way we intended it to, the way we communicated it originally on the website and the guise under which people decided to contribute funds was that it’s going to operate as a DAO. So for us, it’s pretty clear that if we were to ever try to renegotiate that or go back on that promise, we would be better off basically returning all funds. So on our end and I think everybody on this call, we are committed to making this a powerful force of activism to use some of our treasury funds for wider good. And with that, I’m really excited about the crowdsourcing of ideas and initiatives part, because I’ve already seen a lot of really amazing ideas in the discord and my DMs, and things that stretch from making content or making a documentary and getting that funded all the way to, “Hey, maybe we should yield farm 25% of the treasury in some safe protocols to have an ongoing flywheel of funds that can continuously be put to good use.”

Juan:

So there’s a lot of things that can happen here, but I think the objective of this first town hall it’s just to see if people have questions and how we can help and how we can come together to build something greater here.

René Pinnell:

Yeah, a lot of great points there Juan. We’ve got dladowitz who raised their hand. I invited them up so if you accept that invite, we’d love to have you up as well as anyone else that wants to ask questions or share their thoughts about where this DAO should go. And I think one thing, a point to drive home is that this really needs to be a DAO and operated as a DAO because it puts, again, we want to do all of this to minimize risk to Ross and optimize our chances for freeing him and a big thing there is that Ross cannot, legally he cannot run or organize or direct anything outside of prison.

René Pinnell:

So it really genuinely needs to be operated as a DAO. And this advisory council will be there just as a safeguard against any crazy proposals. I saw some people saying we should use this money to break him out of prison. And well, I admire where your heart’s at and a part of me shares that sentiment. Obviously, that would be a really bad thing for us to do. So we just need some fail safe against any of those types of proposals that would jeopardize him. Welcome Deladovitz. Am I pronouncing your handle anywhere close to correct?

David:

Yeah, it’s dladowitz, David. Yeah, anyways first, thanks guys for everything you’re doing. Also, I think this advisory council is a super great idea. I think you’re right that there could be many things that would be bad for him if just left to a crazy community of people that we are. I think one question I have, for me, and I think also for a lot of people is just, if you could explain maybe more in detail, what are the detrimental things that would happen if it was named Ross? And I’m not that worried about it, but I know what’s going to happen and I think you all know what’s going to happen.

David:

There’s going to be plenty of people that are pretty pissed off. And I think you could hedge that by just explaining some of the things in detail, because right now it’s just like, “Well, it would be bad, but nobody knows.” And I think the community would calm down a lot when they hear this if there were one or two examples, because I think people, when they don’t hear examples, their mind is just like, “Well, it’s just a bunch of lawyers.” Which we’ve seen people saying that, but if they’re like, “This is exactly how it could hurt him.” I think at least a big part of the community would calm down and be able to accept that a lot better.

René Pinnell:

Yeah, absolutely. So happy to fill that. So first of all, yeah, it’s not a bunch of lawyers. It’s really just Ross’s family and their intuition after eight years of doing this. And I think to synthesize, there’s a lot of factors, but I think the main one is, let’s assume that this DAO, we all have the intention for this DAO to do a lot of good, but I think one of the failure modes of this is let’s say we fund some initiatives that beyond our good intentions actually end up going sideways. We fund something that doesn’t do good in the world. If the token is named Ross, then that’s a whole press cycle where Ross and his name is going to be directly associated with whatever accidental negative impact we have in the world with this DAO, and that would hurt his chances of freedom.

René Pinnell:

The criminal justice system has been incredibly punitive against Ross, putting him in solitary confinement. They have the power to move him to different prisons that might not be as safe. That’s already happened a couple of times. So having his name be associated with the token leaves him open to a lot of vulnerabilities. If this DAO ends up doing something that is controversial. So having it be a name that’s not associated with him gives us more latitude to fund initiatives that might be a little bit more risky and also might have bigger impact. I think that is the chief concern is, if this goes sideways in any way, his chances of freedom are going to be diminished because his name will be tied directly to this token. The other thing is that he cannot be seen to financially gain in any way from any of these activities.

René Pinnell:

And again, it’s just a tighter association. If this token takes off, if it’s called Ross, that’s going to be a bad look for him because there’s only really two ways that Ross gets out of prison, a presidential pardon, or getting a judge to give him clemency. And either those scenarios, public opinion looms large as well as the threat level that the government feels. And so again, if we’re calling it Ross coin and something goes sideways with this DAO, that’s going to have a big impact. Whereas if it’s called the freedom coin and something goes sideways, he’s more insulated from that. There’s some other concerns, but I think that’s the chief one and happy to elaborate more on that. And again, I completely share people’s frustration with this name change. I hate changing things after the fact. It sucks, but that is the rationale. And it wasn’t a unified opinion but it was held deeply enough that we really felt like we needed to trust them on this.

David:

Yeah, thanks. I think that’s great and I think just reiterating that and an announcement when it goes out because we’ve seen people are going to be pissed and the more you can be clear with people on that, I think that’s a great reason and people will understand that reason better than they’ll understand just no reason.

René Pinnell:

Totally. Yeah, I agree. I think maybe Juan and I could verbalize that and put it out as a follow up announcement, but I also would love it, David, if you and the other people that are really here to help Ross could help get that message out as well on the discord channel. I think these things go so much better when we have a core group of people who are really here for the right reasons to help spread that message. So if that made sense to everybody on this call, let folks know that that’s the main rationale.

David:

Yeah, for sure. Thanks.

René Pinnell:

Anything else, David?

David:

No. That’s it. Thanks for all your work guys.

René Pinnell:

Thank you man. Appreciate it. Doctor Bitcoin. What’s up? Thanks for joining us.

Doctor Bitcoin:

No, I’ve been a fan of how you guys have handled a lot of things up to now with this. And I think that last comment is going to go a long way like David said to [inaudible 00:15:02] some of the discontent about the name change so I appreciate that. I guess my question was just to have, have you guys already identified? You mentioned you wanted volunteers in the community. Have you identified needs of specific roles that you’d like to see emerge from the community at this point?

René Pinnell:

Great question. I’ll let Juan fill this in because honestly he’s one of the most experienced person in the world running DAOs. From my perspective, we’ve got a great group of moderators, always looking for more folks like that. I think a big function of this DAO is going to be rehabilitating Ross’s image in the public. So anybody with marketing or PR experience or media experience in general, I think will be a huge plus. But another thing is just, if you’ve got skills that you feel like can help improve Ross’s chances of getting out, raise your hand, let us know. Let’s figure out how we can spin up an initiative that will take advantage of your unique skills to further the mission. But I’ll let Juan talk about maybe what else we’re looking for because I think he’s probably got a better idea than me.

Juan:

[inaudible 00:16:15] an expert in DAOs, it literally means I’ve been working in DAOs for six months so I don’t know if I’d quite call myself an expert, but it’s definitely been something that’s happening really fast and it’s relatively new. So with that said, I think that for now maybe the main thing is just getting help on the moderation end, but obviously that comes really short in regard to the impact we can generate. I think the real answer to that is going to come from, what are some of the proposals that end up getting passed? Because some of these proposals, it’s not just decisions about using treasury funds to do X, Y, or Z. A lot of them will actually be, “Hey, we got to build out teams and we got to actually do work once this is passed.” So I think that there’s a few things that people can help with.

Juan:

One of them is, I noticed that there was an ideas and feedback channel that was created and my question to the community is, “Okay guys, where do you guys think some of these first proposals to use treasury funds should land? And what are some of the highest impact activities we can do?” So on one end, my call to action to the community would be to help there. But then also, once something is ratified and passed, more than likely a lot of these things, they’re not going to just be send money to ex charity, right? There’s going to be work generated from executing on some of these past proposals. So what that will look like, I don’t really know right now, but I think that will be also an excellent time for people that want to be a part of this and want to contribute to raise their hands and step up.

René Pinnell:

Yeah, totally agree. Dr. Bitcoin, any other thoughts on that or any other questions?

Doctor Bitcoin:

No, that was great. And yeah, I do have quite a bit of experience in PR and marketing so this is officially me raising my hand, saying happy to help out when that stuff comes up.

René Pinnell:

Oh, amazing. Yeah, you could just DM me so I don’t lose track and we’ll get a, I guess, a spreadsheet going or something of folks that want to step up and help in a more direct way, but really appreciate you joining us today and being a part of this movement.

Doctor Bitcoin:

Fantastic.

Juan:

Yeah. And Dr. Bitcoin, I think that your skillsets are ones that can come in very handy from perspective of, I think that part of what we want to do here is also just going to being that drunk constantly about awareness to these cause and awareness that, hey, this is a relatively new thing, right? Where people are coming together via blockchain technologies to collaborate and specifically for purposes like this. So I think that’s very monumental and there’s a lot that can be done constantly to continuously beat that drum and also start changing the awareness about Ross’s case to the media as well.

René Pinnell:

Yeah. A huge thing that the government did when Ross was arrested was just completely smear his character. They needed to make him seem like some terrifying human that they could justify their treatment of him, and nothing could be further from the truth. The guy is a pacifist, huge heart, one of the most generous people I’ve ever met, not a threat to anyone. And yet that’s still the public’s perception. Most of the media after the first five or six years, it pretty damning. So you’ve got a big job ahead of us to reverse that opinion.

René Pinnell:

But I think the era of history will be in our favor. I think we’ve seen a big sea change in a lot of these fronts like people’s awareness of privacy. I remember Ross sitting me down in 2010 or something and saying, “Privacy is going to be a huge, huge thing.” And people weren’t really aware of it or thinking of it in 2010 and now I think most people acknowledge that we’ve given up way too many rights on that front. And so yeah, we can shift public opinion about this, but it’s going to take a lot of work. We’re joined by Crimson. What’s up Crimson? Thanks for joining us.

Crimson:

Hey man. Thanks for putting it to together. Just wanted to say a couple of words and put my hand out there as well. I found out about this DAO yesterday, FreeRoss. I thought as one of the early people who found out about Silk Road and saw what happened to Ross, when I first saw the sentence came out, I thought it was a huge injustice and life in prison for something like running Silk Road I thought it’s obviously something that’s wrong and I’m really happy to see that people have stepped up today to help try to rectify the situation. And I love the thoughtful manner you’re approaching this in trying to make sure that things don’t go necessarily astray. So love all that. And I just wanted to put myself out there to potentially contribute some of my own time, my own skills, my own experiences to try to help this out as well.

Crimson:

So my training is in finance. It’s what I studied in college, worked at a bank, all of that. Not sure how much help that is going to be but I am also obviously deeply involved in crypto and a lot in the startup scene in New York city as well. I’m a current fellow at Venture For America. So that is if you know that Andrew Yang, before he ran for president, that’s the non profit that he ran. So I have some people I could potentially be bringing him from there as well. And I volunteered extensively with the Yang campaign in both his mayoral run and his presidential run as well. So those are-

René Pinnell:

That’s amazing.

Crimson:

Wanted to put out there, see if you want to run with it. I have other stuff as well but just want to leave that out for now. So that’s how-

René Pinnell:

Yeah, well a couple of thoughts that should come to mind right away. One is, as Juan mentioned earlier, one of the ideas that we’ve seen floated around in the discord is taking some percentage of the DAO treasury and using that wisely to generate more funds for the DAO to do good. So somebody from a finance background and DeFi background could help with that. I think another thing that you bring up with Andrew Yang is that, in the coming years there’s going to be a new cycle of politicians and a presidential pardon is one of the two avenues left for getting Ross out.

René Pinnell:

And that means having somebody like Andrew Yang in the White House. That would be hugely helpful, I think. I don’t know if he would give Ross a presidential pardon but I think he’d be a hell of a lot more likely than a lot of other folks. So getting people that are crypto friendly in positions of power. I don’t know if that’s going to be the direction everyone wants to take this DAO but that is something to think about at least because again, he’s either going to get free from a presidential pardon or a judge who gives him clemency.

René Pinnell:

So yeah, I think it’s a totally healthy conversation to have around how involved do we want to get and trying to push for candidates that would be open to Ross and open to having that conversation about whether he really should be in prison for the rest of his life for starting an e-commerce website. And to the point about changing the narrative, the Silk Road had very few things that were prohibited, but the main guideline was that you can’t sell anything that hurts a third party, so no firearms, no child pornography, nothing like that. And I think that’s a message that gets lost a lot.

René Pinnell:

So there’s a lot of nuance that Ross just got painted with broad strokes as a master of mind, criminal who is dangerous to society. And I think Ross certainly regrets the outcome of creating the Silk Road, no question there, but I think making some of the ideas around the Silk Road and around crypto in general, less scary to the public could also be a worthy thing to put our energy behind. Because if we can make those things less scary, it’ll make Ross seem less scary and someone who ought to be in prison.

Crimson:

Yeah, definitely.

René Pinnell:

Thank you so much Crimson. Any other thoughts or ideas?

Crimson:

Yeah. Just to kind piggyback a little bit about some of the stuff you said, I think Yang gang is obviously, in terms of politics and politicians I think they’re some of the people that are most aligned with crypto, right? And so if it comes down to presidential pardon or a judge, I’m definitely seeing some alignment there in terms of getting these people in positions of power and potentially we’ll see if they’re open to it or not. I don’t want to hijack this offer too long, but what would be the best way to potentially continue this conversation like after through this community call? Do you do DMs or what’s the best way to reach out?

René Pinnell:

Yeah. DM me for sure so we don’t lose touch. I want to make a list of everybody who really wants to step up and be active in this. Probably create maybe a separate telegram group just to coordinate or something like that. But I think the first step, just send me a message so we stay in touch.

Crimson:

Sure.

René Pinnell:

Again, we want to run this like a DAO so it means everybody’s going to have to come up and step up and help guide this together. But thank you so much for the positive energy Crimson. And again, I think the biggest thing that the folks who are on this call right now can do today is just be active in the discord channel and let’s try to keep things positive. Let’s try to articulate why we’ve changed this name. Again, just a recap for anybody’s joining us.

René Pinnell:

I think the big concern with calling it Ross coin was that if inadvertently we do some action, we fund some proposal that goes sideways and doesn’t have the intended positive impact in the world, then that leaves Ross vulnerable to attack. If Ross is directly associated with some action that we take as a DAO that is controversial or, frankly, is a fuck up, then that’s going to put him in risk. So if we call it free, that gives us some more latitude to take bolder actions without having as much concern about it directly impacting Ross. Yeah, if you could help us get that message out in the discord channel today, that would be huge. Anybody else who has questions or comments or thoughts about where we should go with this DAO, please raise your hand, we’ll invite you up to this stage.

Juan:

So Renee, to dig a little bit deeper in regards to the question of how people can contribute. I think that’s a really great question and part of what we need to do over the coming week or so is create clear onboarding ramps to enable people to contribute. And I think this is an excellent time to give a really sincere shout-out to all the people that have stepped up to help moderate people, especially crypto drafting, I believe is the username [inaudible 00:28:15], just a lot of people that without compensation have said, “Hey, this matters to me and I want to be a part of it, a and I understand that this first week there might be some speed bumps and I’m here to help out and help moderate.” So thank you guys for doing that sincerely.

René Pinnell:

Yeah, really huge, huge amount of appreciation as well as for all the people that are on this call at FreeRossDAO and elsewhere that set this up in the first place, a big, big, big, thank you should go to Trippy. I’ve been talking to Ross for a couple of years about maybe doing an NFT project, but Trippy was the one who reached out to Ross and had the connections and motivation and energy, boundless energy to put this all together. So huge, huge, huge debt of gratitude to Trippy, as well as everyone at FreeRossDAO. It’s been amazing to see them put this together in short order. Yeah, anyone else have any thoughts that they want to share? Any other questions?

George:

Hey, yeah. Can you guys hear me?

René Pinnell:

Yeah. Hey, what’s up George?

George:

Hey, I just had a couple of ideas that I wanted to just bring out to everyone and see what people think. So firstly, when the token comes out, if the token price of free goes up, that doesn’t directly benefit the DAO or Ross initiatives in any way. So if we could align those initiatives to where, I could maybe donate some of my free tokens to the DAO, that way when the price of free goes up, then that’s potentially more money that can be used for rash initiatives. And I’m sure there are other people that would be interested in donating some of their tokens to support the cause as well. I don’t know if that makes sense, if that’s something people are interested in.

René Pinnell:

Yeah. Great, great, great thought there. Juan, yeah, what are your thoughts in terms of how, if at all, can the price of the free token positively impact our work? Is there some mechanism that we can put in place like George suggested, donating some of our free tokens to a treasury that we have some intelligent thought behind when to sell, et cetera, any thoughts there Juan?

Juan:

Let me think about that. It’s a good point that 100% of the current DAO treasury is held in Ethereum. So clearly, there’s some upside there people believe there is, but I think the bigger question might be of thinking in the next few weeks of doing a governance proposal to diversify that treasury or yield farm that treasury, or maybe, maybe what the DAO wants to do is trade some of that Ethereum for free tokens by buying free tokens up from the market, from other people, and then creating a liquidity pool to make the trading fees for liquidity providing. So I think that the options are endless in regards to what can be done with that treasury as long as it’s ratified by the community. With that said, I think as far as encouraging people to donate their free tokens to the treasury. I don’t know, right? I think that will ultimately depend on each individual. At the end of the day, if anybody sends free tokens to the treasury controlled by multi signatures, it’s just going to sit there in the treasury that’s controlled by everyone that holds free tokens.

George:

Yeah, I don’t know. I’m interested in potentially giving some of my free tokens in order to align the token price with Ross initiatives. But I also love the idea of using some of the treasury to buy up some free tokens and maybe LP or just hold them. That I hadn’t really thought of it. I think that’s a good idea. And then the other thing is, I wrote a tweet from Kobe who is one of the multisig signers that he, I’ll just read it. He says, “I have an agreement with an Oscar winning production studio to create a FreeRoss series about the miscarriage of justice in his trial, dirty feds, et cetera. Was going to fund it myself but happy for others to get involved.” I thought that was an interesting idea, especially if he was thinking about putting forth some of his own funds along with, I saw other people in the comments who were like, “Where do I donate?” So I just wanted to bring that to people’s attention. And yeah, I thought that was interesting.

René Pinnell:

Yeah, I also thought that was really cool. And I don’t know when we’ll want to make an announcement, but I’ve been in touch with that studio that Kobe mentioned. They’re super legit. They seem to be very much aligned with the goals of this DAO. And I think in general, I think media plays docuseries that are favorable to Ross, maybe a feature film, maybe dramatic series, but people’s minds are changed by that stuff. You’ve seen it countless times with films and television. So I feel like personally, I’m certainly going to advocate for proposals in that arena, because I think it can have a lot of impact. Yeah, I think [crosstalk 00:34:17] something like that.

George:

I’ve seen some documentaries that have been on Netflix that were really impactful to me and they also spread through the nation and the world and they were huge conversation topics. So I think that’s a great medium for trying to get a message across.

René Pinnell:

And I think it’s also cool. Thank you George, and thank you so much for stepping up as a moderator too. I really appreciate it.

George:

Yeah, of course. Thanks for all you guys are doing. You guys are doing a great job organizing and moving the project forward so keep it up.

Juan:

Thank you George. Appreciate it.

René Pinnell:

We got cryptodrftng too. One of our amazing moderators that just joined us and Bunk Buck.

Alona:

Hey guys. Hi everyone. Hi, I just wanted say, oh, sorry, am I interrupting someone?

René Pinnell:

No, go ahead. Go ahead.

Alona:

Yeah, I just wanted to say hello to everyone. My name is Alona and I work full time as a community manager at Gro protocol, I’ve been in this Discord for probably a couple weeks now, maybe one week, and I’ve been helping to moderate since yesterday, which has been great. I’ve also just heard, I think it was James talking about treasury management. So, the protocol I work for is actually a really good product for treasury diversification. So if anyone is interested in it eventually, feel free to drop me a DM to discuss. But yeah, otherwise I just wanted to say hello. Lovely to meet you all guys.

René Pinnell:

Alona. Do you prefer going by your handle or your name?

Alona:

I don’t mind otherwise. I’ve been doxxed, unfortunately. When I started working for Gro, I went non-anon, which is something that I regret every single moment of my life [laughs], but yeah, it doesn’t matter anymore. So drftng, Alona — whichever you prefer.

René Pinnell:

Well, yeah, really, really I’ve appreciated your positive energy. You’ve been a huge help in lightning fast on setting things up in the discord. A huge, huge prop. And thank you for letting us know about the company you’re working at. I’ll read up on it. Everyone else should too, maybe throw it in the chat. Bunk buck, what do you got?

Bunk buck:

Yeah, so I just wanted to say, well first, thanks for letting me jump in. I think what you guys are doing is incredible and necessary, so thank you for organizing it. I said a really quick anecdote when you were talking about the potential for a movie or a Netflix series. One place that this was really successfully done was with formula one. I don’t know if anyone’s paid attention to the, I guess I could only speak on behalf of American viewership as I’m based in the US, but this past year, Austin’s race just absolutely demolished the all time attended record of any race. And it’s almost completely due in part to the Netflix series that they’ve done. And if you look at their viewership figures year over year for the past three years, it is astronomical and now they’re just blowing attendance out of the water. And so I think to your point earlier, it is without a doubt the easiest way to get hearts and minds of the average viewer.

René Pinnell:

Couldn’t agree more. Totally agree. And I think we also think outside the box too. A traditional doc series is fantastic, narrative based stuff is fantastic, but then also how can we build out a social media presence? How can we make other types of contents that can maybe be more native to the digital world we all live? Example is, I was in Miami last week and I met the founder of the company that does all of the Tom Cruise deep fake videos, I don’t know if you’ve seen these but they’re pretty amazing. It really, really looks like Tom cruise, but they’re all just synthetic video.

René Pinnell:

And he’s a big supporter of Ross. I think he contributes to the DAO as well. So this is just an example of a thing that might become a proposal is to work with a company like his to do a synthetic video of Ross because Ross, it’s very, very difficult to even have phone conversations with him, but we could use synthetic video where he could write letters. He’s a beautiful writer, deep thinker, he’s got great essays out there and we could have a synthetic video version of Ross that could have a social media presence. I don’t know if that’s [crosstalk 00:38:57].

Bunk buck:

In Asia like Korea, for example, they do that with musicians. They have entire music groups from my understanding that are essentially synthetic and someone’s creating the music and they’re at millions of followers. And now this is obviously a representation of a real guy, but it’s kind of the same concept.

René Pinnell:

Yeah, totally. And again, I’m not sure if that’s the right idea or not, but I think we should think traditional media and then we should also think outside the box and how can we make stuff that people want to hear and talk about.

Bunk buck:

Another thought I had then I’ll jump off was, and I’m not personally that connected in the NFT space, but if anyone has connections to [inaudible 00:39:37], getting him involved, getting him to do a piece or anything related to the Freemont Ross movement would be absolutely massive.

René Pinnell:

Yeah, definitely got connections to [inaudible 00:39:50] and a lot of other great artists. And that brings up another topic [inaudible 00:39:54] that maybe you want to give perspective on, which is, is it possible for Ross or any other artist to do future NFTs that we can add to this treasury, that if somebody else do something maybe like what [inaudible 00:40:11] does doing, or we build out this treasury, the fractional free owns, are we locked off from doing that and free token can only be connected to the NFT collection we already have.

Juan:

So I think that’s a great idea. And in my opinion and just on a bigger point. And the bigger point here is basically, there’s a significant amount of money in the grocery right now, but even, we can use, something that I fear or that I would advise to be really careful with is to make sure that we don’t spend all of our bullets too fast. Because it would be nice if this DAO could live and have an impact for longer than a year or so. And some ideas on how to make that possible, I think it’s an endless amount of ideas, right? Both we could yield farm to generate yield to have a constant flywheel to fund stuff. Or we could even do what you guys are mentioning now, right?

Juan:

Find artists that want to donate an NFT to FreeRossDAO, and those NFTs can be auctioned off in the free markets, and the pro seeds of those NFTs can feed back into the treasury to continue making this more sustainable for everybody involved. So I think there’s a lot to think about that. And in general, the [inaudible 00:41:32] or whoever it may be idea of donating or split, donating an NFT to feedback into the treasury, I love those ideas. Anything that’s going to constantly fill up the gas tank in my opinion is good, right? Otherwise this could be something where three proposals down the road, if not managed correctly we’re out of funds.

René Pinnell:

Yeah. So DeFi people, people that know how to make money in crypto, definitely raise your hand, step up for a leadership role, help us think about how we can grow this so we don’t run out of cash. One thing to be aware of is, I think there is, we don’t know how long this is going to take to get Ross out of prison. It probably will take a while unfortunately. But whenever we have the stars properly aligned and we’re really going hard for a presidential pardon or clemency from a judge. That might be the time to totally deplete our treasury and just a thing to put on the table and say up front, because if we’ve got a really good shot, having a big treasury on hand might become a liability, but until we take that shot, I think we need to be real smart, because we should be preparing for a multiyear effort here.

René Pinnell:

It’s already been an eight year effort, soon he’ll have spent, I think 3,000 days in prison. I can actually check that out on his website right now. But it’s been a while, yeah. And he’s three days away from 3,000 days in prison. So we should expect this to take some time. So we need to be smart about our money so we still have the funds to do good in the world, and obviously a big part of that is making sure that Ross gets out of prison. Any other thoughts? Anybody else want to raise their hand? Any concerns? Any questions? I think we’ll probably wrap in the next five minutes or so if no else got thoughts they want to share. Again, if you’re wanting to take a more active role, either as a moderator or have some skills you want to offer, just message me directly, we’ll start figuring out how to coordinate and take next steps. Governance proposals are going to come soon. We’ll be sharing something this week, right Juan? Yeah, in a matter of days anyways.

Juan:

Sorry, I was on mute.

René Pinnell:

Cool.

Juan:

Yeah. I think once the distribution of tokens happens later today, I think it makes total sense in my opinion to start drafting the proposal today and in an ideal scenario, have the proposal push through snapshot that would outline who the operational lead will be, his roles and responsibilities and go into the advisory council, who those members will be and their roles and responsibilities very specifically. And I think that could be the first proposal that could kick off this DAO into having the correct governance framework for us to continue to make decisions and getting a little bit more organized moving forward.

René Pinnell:

Awesome. Well, yes. Please ask, any questions you have now you can jump up or you can just message us and I’ve got a toddler and I also run a separate company so if I don’t get back to you right away, that’s why but I’ll try to get back to everybody within hours, certainly within a day, but that’s where things stand. We got [inaudible 00:45:19], welcome.

Lysander:

Hi Renee and hi [inaudible 00:45:23]. I think this cause is too important for me personally. It has a lot of personal meaning attached to it. So I’m a bit nervous now but there are several things I would like to share with you guys. I think the ultimate goal of our cause is to reach public awareness related to who’s been persecute doing something seen as nefarious in the traditional lens. So I think maybe we can approach the thing using the crypto mindset. We can stir up competitions gathering people’s good ideas and thoughts and their activities. We can do a writing competition asking people to submit articles or essays writing about the good things about Ross, the unknown aspects of Ross life stories you do not know about.

Lysander:

And also maybe we can also start a competition among artists. People can submit their artworks to better propagate the main spirit and essential thesis of our movement or even a Twitter retweeting competition. See whoever can post things related to this movement and get the most retweets so that we can get as much mainstream media coverage as possible. So I think that’s the basic things I would like to add to the pretty fruitful conversation we already have today. Yeah.

René Pinnell:

Man, I love those ideas so so much. I think that’s fantastic. I think if we can get people in our community and folks that are outside the FreeRossDAO involved in creating media, whether it’s an essay, a short film, any kind of thing that gets Ross’s story out, as well as the deeper themes that he touches on like freedom, like the overreach of the state encroaching on personal freedoms. Any of those things like, how do we go about changing the criminal justice system? All of those things, if we can get lots of different people from the community to, yeah, have some sort of competition where the best ideas, we support and maybe fund and get those out there, I’m tremendously excited about that. I think that’s a really great idea. So thank you so much [inaudible 00:48:12] for that. That’s really exciting to me personally.

Lysander:

Okay. Thank you.

René Pinnell:

I hope it resonates with other people. One last thing in terms of support, I’m terrible with social media. I don’t know why I just don’t spend a whole lot of time on it. We do have a FreeRossDAO Twitter. So one we’ll be definitely looking for from the community as somebody to help manage that. So just putting that out there as another semi-urgent thing that we could use folks to help with, but cool. Well, thank you so much everybody, really, really appreciate you showing up. Means the world to me. And any last thoughts Juan before we say goodbye?

Juan:

No, I think just last thoughts are, be on the lookout for more news and announcements regarding this first governance proposal ones that tokens are distributed. And also I think it would be great, weeks to set a [inaudible 00:49:10] for these weekly town halls. I do think that we hauled around the corner so that’ll probably off a little bit, but I think having this weekly cadence of town halls to leverage the community of passionate people that that want to help is going to be really key to making it a success.

René Pinnell:

Couldn’t agree more. Well thank you everybody and I look forward to working with y’all in the coming weeks, months and probably years. All right. Cheers.

Juan:

Thank you guys. Thank you everybody. Bye.

Alona:

Have a great evening. Bye.

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