Today BlockchainBrad speaks with TheFoundry’s Ian Friend about a new Community Driven DeFi Incubator set to change the game in sustained support that’s community-inclusive! The old #crypto incubator model is flawed; it lacks fairness, it’s too centralized, too closed, & lines the rich pockets of few. It’s time to flip the crypto Incubator model on its head! The Foundry is bringing a new inclusive way to support startups for the long term. So, what is The Foundry? The Foundry is the first incubator to combine a decentralized fundraising model with legit educators, influencers, founders, exchanges, plus a suite of valuable DeFi technology to ensure a project’s success from pre-launch through scaling. By combining DuckDAO’s decentralized fundraising model with Ferrum Network’s DeFi technology, plus the strength of two strong crypto communities and a multi-year advisory structure, The Foundry is working hard to change the incubator game for the better, to be fairer!
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Timestamps:
0:06 Introduction of The Foundry by BCB
1:10: Ian’s intro to TheFoundry and incubator models- explainer intro
1:38 Lack of longterm approach with old, outdated models
1:50 The Foundry; focus on utility, partnered with Ferrum and Duck DAO to uplift the space.
3:11 Differentiated with DeFi. Bringing novel tech to new users through a novel approach. Ferrum discussed.
4:19 The goal is about building tools.
5:20 Let’s explore the combo of Ferrum and Duck DAO. How is this a game-changer? Let’s start with the fundraiser model. Open access for real people to participate! Real supporters! Sustained supporters!
7:36 The Network of power, centralised clout and cartels.. time to change the game!
8:27 The investment opportunity is opened up to thousands of people. Everyday investors doing real work, longterm supporters.
10:00 The old model and the network of centralised power, VC-led influencer power.
11:07 Transparency is IMPERATIVE. Disclosures are also legally required.
12:15 What’s the deal? What is required of influencers. It’s all transparent, all stated.
15:10 The get rich quick cancer in crypto. Time to change the game to a long term mindset.
15:40 Excellent project support is going to be key.
17:08 Exchange partners. Strong Asian presence.
18:45 Geographically-based power play .The SanFran Big Money power-play
20:45 It’s time to change the game COMPLETELY!
24:00 sometimes the top VCs are investing in shitcoins, promoting hype. So the real problem solvers and the legit VCs who back them is essential!
26:00 The Duck Dao- the decentralised DeFi VC. Let’s discuss.
29:30 Token plans? What is The Foundry’s plan? Duck Dao and Ferrum’s utility token is supported. And as an incubator, the focus is on the utility tokens of the startups.
30:43 The tiers, the access tiers with Duck DAO, the Ferrum access system.
34:00 The Foundry’s approach and model can evolve if required.
37:00 The Vetting Process. How do you pick the startups? How do you identify quality?
40:40 Is The Foundry agnostic in terms of platform support? Not platform-centric?
46:00 The first project coming this week!!!!! It involved with Polkadot.
47:45 Ian says this new project is going to do well because of it’s utility-based.
48:30 How do you steady the hype and fomo and how it can outstrip logic?
48:40 The Hype Bubble and the fomo- promo problem
49:40 TheFoundry is about long term service and technical support. Staking systems also.
52:20 Leveraging Networks. Leveraging the Duck Dao network. Ethos links.
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Links:
website: https://thefoundry.one/
telegram: https://t.me/thefoundry1
Twitter: https://twitter.com/TheFoundryOne
Duck Dao: https://twitter.com/dao_duck
Ferrum Network: https://twitter.com/FerrumNetwork
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►Join The BCB Tele https://t.me/BlockchainBradCommunity
► Follow on twitter: https://twitter.com/Brad_Laurie
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PAYMENT/DONATION DISCLOSURE:
This was free content. I have not received financial compensation for doing this video, but I am considering taking part in this DeFi Incubator model as an educator.
INVESTMENT DISCLOSURE:
I have no investment in Ferrum Network or Duck Dao tokens at this point in time.
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GENERAL DISCLAIMER:
The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner.
