Deep Web3 Secrets - Episode 2 Fungibility

In this episode our entrepid heroes discuss feedback, fungibility, financialization of the gaming world, and tokens, especially of the NFT kind.

Here are the transcripts, apologies for any wonkyness, we reviewed them the best we could in the time allowed:

welcome once again to Deep Web three secrets I'm Alex trap AKA Eco and I'm here with Spirit surge, Spirit how you doing? I'm doing great how are you? it's been a good week it's been a productive week we're getting some rains here again I'm excited to talk about uh kind of follow-on from our last conversation we got, good, a lot of good input and I've learned a lot in the meantime so uh let me know off the top of your head what was the most interesting thing that you got in feedback from our first episode. the most interesting feedback that I actually received was actually in DMs, was talking about the nfts part of things where they talked about, well right you're talking about you know the development part decentralization and databases - where do nfts fit into that that was that was literally the feedback I got because our first session essentially resulted in people having more questions than answers and more follow-ups than you know the normal uh feedback that you're expecting. I mean, sure there were some comments about you know having games within the same ecosystem or you know having, like language is like the same thing or trustworthiness is the same thing and that's fine I mean in the end there's there is no right answer because uh for different language like for instance if you take Arabic right uh the word for trust confidence hope is all the same right and we know that in the end like in English confidence trustworthiness, hope are not the same words so it's, there is always going to be a language barrier even if people insist there isn't, cause of the way communication happens all around the world but yeah nfts was was big following, in my DMs people asking me more questions about okay you're talking about decentralization where does this fitting or where does that fit that was the most part like interesting part of the feedback I got.

Yeah I love that and I think we're gonna get to that today just to touch on cross-cultural communication I know it's true I know it's true I've lived it and it's funny because I also understand the people that say you know there's this thing and it doesn't matter it exists uh and you know you could say it's different but it is what it is and so in a certain sense there is one reality and we have a lot of different languages trying to discuss it but I think when that one reality so maybe you can imagine that there does exist a single idea of trust but when we try to describe it in different ways in different languages there really is at least a psychological difference in how we understand that single concept right?

Absolutely I mean it's not only from the perspective of languages it's also perspective from the person like I am again I am a the project owner right uh my perspective of trustworthiness is going to be something different than from what the you know the investor is expecting simply because uh if for instance that's not properly communicated. so my guy right my investor might be expecting that I, I'm like I consider this guy trustworthy if he gives me a full project and it gives me my money's return back. but as a project owner right I might be thinking hey you know I'm trustworthy as long as I'm communicating with people right? it doesn't matter if I am changing the roadmap 10 times right but I'm trustworthy because I am openly communicating with people, right, it doesn't matter if I'm jumping from Project to project it doesn't matter if I am you know falsifying information it doesn't matter if I'm changing the roadmap repeatedly so there's that perspective as well it's also not only the language perspective it's also the perspective of the person who is who's delivering.

Yes even in the same language and and you made me think of so many things like uh front end versus back end, and we could talk about uh even data uh we can attach ourselves to any API and get data but is that data real? is it uh is it valuable in the sense or trustworthy in the sense that that it's based on actual user interactions or are these junk uh junk information that has been filled in let's say as sample data. so okay so fantastic discussion there because even within the same language we could have some disagreements on what it means to be trustworthy

Transcript continued in the comments.

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