Ron Millow: I know most of you are probably looking forward for the holidays, but I ask you to stay close to your computers next week – we have to vote for a few proposals and also make some distributions. No promises, but just in case. There will also be no weekly call next week, so we’ll see everyone January 12. 

So today we’re going to hear about the updates from different Sub-governances. And let’s start with Yury.

Yury Loktionov (Global Community Sub-governance): We’re on four social media platforms (Twitter, Facebook, Medium and Reddit). Recently we carried out a Twitter Campaign, which boosted our number of followers up to almost two thousand. Our Facebook Campaign was also a success as well, we did a 50x on likes and reposts. We also gained lots of attention on Medium and Reddit, as well as on the forum. As for the contests, currently we have 4 active contests. They mostly concern different activities on different social media platforms, but we also have a FT Ambassador Contest. We also brought some new partners, like Coins.Black, an exchange service, MyTokenCap.com, which is a cryptocurrency token tracker and coinlib.io, which is an aggregator of crypto news. In January we’ll launch a crypto quest which will feature up to 5000 participants.

Nikita (DGO Sub-governance): We have prepared a prototype of the DGO platform interface. We also held two competitions (Jury recruiting and informal specifications for DGO main service). A total of 10 jury members has been recruited and a total of 78,330 TONs distributed. Now we have a DGO SMV Smart Contract System Contest, it’s huge, you should check it out. In January we’ll have the results of the competition #4 and we’ll also launch two new contests.

Vlad (Analytics & Support Sub-governance): We’ve been around for about 2.5 months. We have two chats in Telegram. 5 contests we successfully passed in our sub-governance. We also analyzed more than 8 partnerships. That helped the community a lot. As for the payment system, currently it’s manual, but has been optimized for a smoother process. We’ve already spent more than 200k TONs and about 50k is still reserved for the Partnerships Contest.

Hector Rivera (Mexican Sub-governance): We’ve launched our community 2 or 3 months ago. Our objective is to cover the whole LatAm community. And we have already made first steps in that regard.
As for our actives, we’ve done a number of things: created a unique system developed especially for FT (ton-alert.org), established communications with several exchanges (Bitso, Bitinka), created a Mexican crystal wallet, created a fund of ideas for our community development, we’re constantly growing our TG activity and carry out PR campaigns and last but not least, we got 2 publications on major Spanish-speaking crypto websites (Ihodl, bitcoin.es).

What’s happening now? We’re in process of creating our IG account, we’re working on creating some contests and we are also working on PR activities to attract new users of FT. As for the future, there’s a FT Mexico Academy in our plans. It isn’t simple, but we hope we can get it done. We are also thinking about FT Mexico Charitable Foundation. But for that we need more people, so that’s currently not our first priority. We hoped to get at least 5000 users by the end of 2020, but had to correct our goal. Not always you achieve what you strive to do.

Ron Millow: Actually there’s another sub-governance forming which is called «Free TON Academy», if we’re talking about something on a global scale. It doesn’t have to be local, it can be global. I’ll add you to this one.

Anastasia (FT Wiki Sub-governance): We’ve been around since June. We have 847 articles in 18 languages, we’ve carried out 5 Wiki Renewal Contests. We have 21 members and 4 additional jury members. We’ve also introduced new tools for work (team reports, etc.), as well as machine translation check and new rules regarding the articles.

eSports Sub-governance (Kirill Ushakov): In terms of what was accomplished, we’ve done quite a lot since September: 79 tournaments, 4300 users, 13 eSports disciplines, 61 broadcasts and a total prize pool of 29380 TON. We’re active on social media (VK, YT, TG, Discord, IG, Twitch) and have more than 3 thousand members on all platforms in total. Our media coverage is quite impressive as well, over 2 million views on Twitch, over 200k view on YouTube.

We’ve done the CS:GO Winter Cup, that was very big for us, we hosted some professional teams as well. What about partnerships? Epulze, Go2Den,  Enter eSports, Vaevictics eSports – you name it. We’ve done very well in that regard. We also have a platform – freetonleague.com. It has TON Wallet embedded in it, and you can use Discord, Steam or Battle to login and withdraw prizes. I encourage you all to check it out.

So, the results? Our KPIs are though the roof, we have great coverage and a great start in eSports. Way to go. As for the future, we need to collaborate more with the professionals who already have traffic, ready-to-use platforms and who’s willing to integrate TON crystal.

Katya (SMM Sub-governance): We’ve been really busy. So here are some results: over 360 articles on the blog, more than 10 active authors, 5 AMA sessions (and as a result, we introduced some work amendments on the blockchain). We’re active on Telegram, Twitter, Reddit, LinkedIn, etc. Our content plan is active and functions well, we have 7 new jury members and two TG chats (Rus/Eng).

As for the tokens, we’ve had our initial budget at about 282k TONs, and we still have about 80k TONs left, so we’re not planning any token requests in the near future. We’ve had over 1.8k new users on our blog and 14k views over the course of the last three months. The majority of users come from Russia, Ukraine and Belarus, but there are other countries as well, like South Korea, US and the Netherlands.

What about our plans? We want to make more contests, develop accounts on social media in a more active manner, we’ll also launch the iOS app, which will feature author ratings, push notifications, etc. We’ll also going to work with a team of proofreaders and collaborate with other SGs more frequently. So all that and much more will come.

Moon (Korean Sub-governance): We’re working hard to engage more Koreans in FT, and we think we’re doing a pretty good job. So far we’ve held 7 contests, as far as the upcoming ones go, we’ve got 3: Partnership Contest, Explanatory materials for FT and Translation from English to Korean. The last one is necessary so that more people can understand what’s happening in Free TON. We’re in touch with several companies, but it’s quite premature to disclose anything else.

Harry (Chinese Sub-governance): Okay, so we don’t have much at this very moment. But our proposal is ready. We have over 100 people in our Telegram chat right now, and of course that’s not enough. As I mentioned in the last weekly meetup, China has lots of blockchain talents and lots of users on the Internet (900 million). So our goal is to try bringing a piece of those millions into FT by raising awareness of Free TON (and rewarding them with TONs in the process), educating people on the values of decentralized networks and initiate partnerships with Chinese companies to generate use cases.

Ron Millow: You’ve mentioned rewarding people to do stuff, I can’t say that it’s the right approach. I agree that you need use cases in order to attract users. Buying and selling TONs doesn’t bring anything to the network, people need to use TONs. So I would suggest you introduce some amendments to the proposal to have more use cases.

Mitja: By the way, we can’t have any types of salaries, since we’re in Free TON. You can’t just pay somebody to create a website, it has to be via contests.

Ron Millow: I will help with the proposal, I see the problem. Actually it’s not the idea, it’s the way you wrote it.

Daria (Influencers Sub-governance): We’ve already launched the contest for jury election, so if you’re an active community member or a crypto community member and understand how decentralization in FT works, please make a submission. Already two contests for holders and traders coming up (in collaboration with Kuna). We’re also launching a contest for those who can already contribute to the network, e.g. if you have a big and active profile on social media. We’re also trying to negotiate with Russian, Ukrainian and Polish celebrities to promote FT. What’s more – we’re in talks with AirBnb and big Ukrainian travel agencies, also to attract even more new users to Free TON. That last bit will also include Egyptian airports, state visa centers, mobile carriers and tour operators. This all will bring lots of use cases to the ecosystem.

Renat (DevOps Sub-governance): Currently we’re in the process of selecting jury members. We need more jury members, especially on our latest contest – DevOps Validators (Rust Node). As far as our sub-governance goes, our main goal is to serve and support the dApp OS server and decentralized access to the blockchain.

Q: I have a question about MerkleTree capital x Free TON partnership. Why it was put to a vote without an AMA session?

A: Because AMA sessions are not mandatory, they are optional.

Q: In December, the token price fell by more than 70%. What are the main reasons for this decline? 

A: Economics 101, when you inject capital into the market, it deflates, it’s just how the economy works. In Free TON we focus on the technology, not speculations.

Q: You’ve mentioned top-3 blockchains in terms of speed (NEAR, Solana and Free TON), what about Polkadot? Or ETH 2.0?

A: DOT and ETH 2.0 are no match for these three. It’s certain. PoS is more scalable than PoW, but not scalable enough.

Q: ​Maybe it’s better to have more locks for the winners or buybacks from the open market?

A: That’s rational. The contests we’re designing now will all have locks. Because if you don’t provide value immediately, you shouldn’t get tokens in the same way. If the value you’re proposing will be provided within two years, then it makes sense to distribute tokens over the same course of time.

Full version on YouTube: https://www.youtube.com/watch?v=wdWdvvpYBWI

Publication author

offline 2 months

Adrian Chase

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