Rising Up

#016 Michael Shoup: Deep Dive on MONARK, the Metaverse, Creator Rights, and User Experience

December 09, 2022 Faceless Labs / Michael Shoup / MONARK Market Episode 16
#016 Michael Shoup: Deep Dive on MONARK, the Metaverse, Creator Rights, and User Experience
Rising Up
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Rising Up
#016 Michael Shoup: Deep Dive on MONARK, the Metaverse, Creator Rights, and User Experience
Dec 09, 2022 Episode 16
Faceless Labs / Michael Shoup / MONARK Market

Michael Shoup sets aside his role as The Maestro at Faceless Labs to tell us about his latest endeavor: MONARK Market -- a marketplace model for the metaverse. In a wide-ranging discussion, Evan and Michael discuss the state of the metaverse (challenges, opportunities, creator rights and user experience), debate web3 licensing models, and share a philosophical exploration of what the metaverse of the future might look like--plus how you can get involved!

1:31 Michael’s introduction: from music -> marketing -> blockchain -> the metaverse 3:53 What is the metaverse?
8:13 Problems & opportunities
12:12 Zooming in on marketplaces and a lack of universal standards
14:28 MONARK marketplace - bridging the gap to a more integrated, user-friendly experience
19:18 “Where do NFTs fit?” Novel solutions for unlocking content
24:53 Why should makers care about this? (True contract ownership, asset protection, royalties, etc.)
30:58 Marketplaces vs. Artists - respecting royalties*
32:10 What will it cost to use MONARK? 
35:51 The “Migration” community marketing campaign: $FLUTTER bounties and revenue sharing
38:38 Beyond launch: the future of MONARK
40:56 Beyond VR: more mental models and use cases for everyday life
42:35 The implications of immutability (and why “wallet” is a limiting word)
44:19 Michael vs. Evan: IP and digital assets
51:23 Giving creators the spotlight: how Michael’s background in music influences MONARK’s approach
52:51 How to connect with Michael, start using MONARK, or participate in Migration
56:50 Metaverse talk shows, graffiti, and performance art
1:01:45 “Do you have a favorite Metaverse experience?”
1:05:45 Philosophical musings, what we would build, and a deeper understanding of what it means to be human
1:11:43 “Any sufficiently advanced technology should be indistinguishable from magic.”

*This episode was filmed in October, as marketplaces/creator royalties were becoming a hot topic. Any facts or figures quoted may have changed (what can we say—we were early!)

monark.market
linktr.ee/madebymonark
https://twitter.com/michaelshoup
__

Enjoy!

SUBSCRIBE: https://www.youtube.com/c/FacelessLabs
👉 Guest or sponsor: hallo@facelesscrypto.com

FOLLOW OUR HOSTS:
👋 Mack Lorden: https://macklorden.info
🚁 Alex Popovic: https://alexpopovic.info
☮️ Evan Mann: https://linktr.ee/conversationswithevan
🧱 Michael Shoup: @michaelshoup
🕵️ Mihir Kothapally: @mehere114
🧑‍🏫 Joe Devine: @highimpacttrdg


🧬ABOUT FACELESS LABS 🧬
Faceless Labs is a top web3 consulting agency and community incubator empowering crypto enthusiasts at all levels of experience with education and opportunities. We believe all people are the Many, and that the Many will Rise Up together.

👉Website: https://www.facelesscrypto.com
👉 Discord: https://discord.com/invite/themany
👉 Twitter: https://twitter.com/faceless_labs

🤝CONSULTING 🤝
Looking to learn about or launch an NFT series? A metaverse experience? Reach out! We can help plan and execute storytelling, utility, design, culture, community management, sales, marketing, and blockchain for you.

👉 hallo@facelesscrypto.com


✊🔥ABOUT THE FACELESS MANY🔥✊
8064 epic characters who represent the hero in all of us. Holding a Faceless Many NFT earns you $REVP (revPoints), which can be used in our marketplace to purchase virtually anything. TFM, the Faceless Allies, and the AI generated Villains of our Story, the Corrupted, are your ticket to the Financial Revolution. Get yours and Rise Up today!

✅ https://beacons.ai/t

Disclaimer:
Faceless Labs is not licensed to give financial or legal advice. Nothing on this channel should be construed as financial or legal advice. These videos are for educational and entertainment purposes only.

Show Notes

Michael Shoup sets aside his role as The Maestro at Faceless Labs to tell us about his latest endeavor: MONARK Market -- a marketplace model for the metaverse. In a wide-ranging discussion, Evan and Michael discuss the state of the metaverse (challenges, opportunities, creator rights and user experience), debate web3 licensing models, and share a philosophical exploration of what the metaverse of the future might look like--plus how you can get involved!

1:31 Michael’s introduction: from music -> marketing -> blockchain -> the metaverse 3:53 What is the metaverse?
8:13 Problems & opportunities
12:12 Zooming in on marketplaces and a lack of universal standards
14:28 MONARK marketplace - bridging the gap to a more integrated, user-friendly experience
19:18 “Where do NFTs fit?” Novel solutions for unlocking content
24:53 Why should makers care about this? (True contract ownership, asset protection, royalties, etc.)
30:58 Marketplaces vs. Artists - respecting royalties*
32:10 What will it cost to use MONARK? 
35:51 The “Migration” community marketing campaign: $FLUTTER bounties and revenue sharing
38:38 Beyond launch: the future of MONARK
40:56 Beyond VR: more mental models and use cases for everyday life
42:35 The implications of immutability (and why “wallet” is a limiting word)
44:19 Michael vs. Evan: IP and digital assets
51:23 Giving creators the spotlight: how Michael’s background in music influences MONARK’s approach
52:51 How to connect with Michael, start using MONARK, or participate in Migration
56:50 Metaverse talk shows, graffiti, and performance art
1:01:45 “Do you have a favorite Metaverse experience?”
1:05:45 Philosophical musings, what we would build, and a deeper understanding of what it means to be human
1:11:43 “Any sufficiently advanced technology should be indistinguishable from magic.”

*This episode was filmed in October, as marketplaces/creator royalties were becoming a hot topic. Any facts or figures quoted may have changed (what can we say—we were early!)

monark.market
linktr.ee/madebymonark
https://twitter.com/michaelshoup
__

Enjoy!

SUBSCRIBE: https://www.youtube.com/c/FacelessLabs
👉 Guest or sponsor: hallo@facelesscrypto.com

FOLLOW OUR HOSTS:
👋 Mack Lorden: https://macklorden.info
🚁 Alex Popovic: https://alexpopovic.info
☮️ Evan Mann: https://linktr.ee/conversationswithevan
🧱 Michael Shoup: @michaelshoup
🕵️ Mihir Kothapally: @mehere114
🧑‍🏫 Joe Devine: @highimpacttrdg


🧬ABOUT FACELESS LABS 🧬
Faceless Labs is a top web3 consulting agency and community incubator empowering crypto enthusiasts at all levels of experience with education and opportunities. We believe all people are the Many, and that the Many will Rise Up together.

👉Website: https://www.facelesscrypto.com
👉 Discord: https://discord.com/invite/themany
👉 Twitter: https://twitter.com/faceless_labs

🤝CONSULTING 🤝
Looking to learn about or launch an NFT series? A metaverse experience? Reach out! We can help plan and execute storytelling, utility, design, culture, community management, sales, marketing, and blockchain for you.

👉 hallo@facelesscrypto.com


✊🔥ABOUT THE FACELESS MANY🔥✊
8064 epic characters who represent the hero in all of us. Holding a Faceless Many NFT earns you $REVP (revPoints), which can be used in our marketplace to purchase virtually anything. TFM, the Faceless Allies, and the AI generated Villains of our Story, the Corrupted, are your ticket to the Financial Revolution. Get yours and Rise Up today!

✅ https://beacons.ai/t

Disclaimer:
Faceless Labs is not licensed to give financial or legal advice. Nothing on this channel should be construed as financial or legal advice. These videos are for educational and entertainment purposes only.