Episode 41

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Published on:

20th Sep 2022

41. Dial Up Phase

This week's episode features Sandy Carter, the VP of Unstoppable Domains. Sandy has had an illustrious career in tech (so much so that she has her own Wikipedia page, definitely check it out), and is right in the middle of the Web3 revolution. We talk about the transition from Web2 to Web3, the opportunities that are out there, and why the Metaverse is exciting. Sandy's musings show why it's important to keep up with the youths, and help me understand how Web3 can democratize the internet.

Episode Resources:

https://decrypt.co/106009/unstoppable-domains-reaches-unicorn-valuation-with-65m-series-a-round 

https://www.youtube.com/watch?v=gdAfucJNC88&ab_channel=SiliconANGLEtheCUBE 

https://www.businessinsider.com/why-i-quit-amazon-for-web3-sandy-carter-crypto-nft-2022-6 

Transcript
Unknown:

Welcome to the meadow woman podcast. We address the

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issues, opportunities and challenges facing women in the

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development of the metaverse the biggest revolution since the

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internet itself. Every week we bring you conversations with top

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female talent and business executives operating in the

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gaming and crypto industries. Here's your host Lindsey, the

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boss POS, the meta woman podcast starts now.

Lindsay Poss:

Hello, and welcome to the meta woman podcast part

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of the holodeck media Podcast Network. I'm your host Lindsay

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the boss POS and from struggle to success. We're covering it

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all. To our returning listeners. Thank you so much for supporting

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the show. Thank you for leaving reviews. Thank you for sending

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me your comments. It warms my heart to all the new listeners.

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I hope you enjoy. And I hope you'll join us again, today's

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guests has a truly storied career in the web two and web

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three space with experience from the heavy hitting tech companies

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to the pioneering work she's doing now on web three. And I'm

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really not over exaggerating this I'll get into it. Today on

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the show is Sandy Carter, who is currently Senior Vice President

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of Business Development at unstoppable domains, which very

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exciting news this week, that unstoppable domains just became

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a unicorn company reaching that that very historic $1 billion

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dollar valuation, which is amazing, which is also something

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I'm sure we'll talk about. I want to also note that Sandy is

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the real deal, because she has a published Wikipedia page that

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includes a photo, which something maybe 20 years ago was

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simpler to do. But today is a tough process. And that's a real

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receipt showing that you have a very impressive career. So

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Sandy, welcome to the show, please, please feel free to

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introduce yourself. Tell us a little bit of your backstory.

Lindsay Poss:

shut me up, you know.

Unknown:

Well, Lindsay, first of all, I love I love the boss.

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Pause. That's pretty cool.

Lindsay Poss:

I got very lucky with the rhyming thing there.

Unknown:

That's really cool. I really love that. So yes, and

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thank you so much for having me on the show. I always love to

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come and, you know, share any experiences that I can that

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might help others out along the way. So and I am currently here

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at unstoppable domains. I love what I do. I tell everybody, I

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feel so lucky to meet with folks all day long. So this morning, I

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started out with the ancient warriors that were producing

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black and brown artists, NF T collections. So cool to, you

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know, a wallet partner council to, you know, meeting with our

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with our phenomenal team here as well. I did come over from

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Amazon Web Services, which I absolutely loved. I learned so

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much from them. I can only thank them for all the training that

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they gave me as well. So and I know we'll get into some of that

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as we go along with Lindsey.

Lindsay Poss:

Yes, I definitely want to start with talking about

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your career and how you made this web to web three jump and

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then we'll we'll definitely talk about unstoppable domains. As

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you said, you you've been a leader at Fortune 25 companies.

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I know you mentioned Amazon, I believe IBM was also in your

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resume. So we're talking about really big tech companies. I

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know you already penned an op ed about this for Business Insider,

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which I have linked in the shownotes. Let me start by

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asking you why you chose to jump into web three business

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development and what that transition has been like for

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you.

Unknown:

Yeah, so I get asked this question a lot, which is

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really fascinating to me, because I am. I consider myself

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a geek girl. I love technology. I love being on the leading

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edge. You know, before AI was AI, I took classes at MIT so

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that I was ready for the trends. So this is something that I just

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I love to do. I was actually at Amazon Web Services, which is

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the technical part of Amazon, having a really great time. And

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I was looking and working with my customers and my partners.

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And they started using Blockchain. And so I really love

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to understand the details behind the technology that my partners

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and customers use. So I dove deep I, as we say, went into the

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rabbit hole down the rabbit hole on blockchain. I spent a year

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doing that and looking at all the phenomenal use cases on web

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two and web three. And so that got me really interested. I

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started playing as a consumer, getting a crypto wallet getting

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robbed and my crypto wallet. Someone took all my money. Like

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it really made me upset. Like I'm a geek. Did you too. Let's

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see.

Lindsay Poss:

Oh, my gosh, that's so funny. I mean, I had

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so I recently opened a wallet and I have not I have not been

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scammed yet. But I will say I'm sort of expecting that as part

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of the learning process as well. Definitely not pouring too many

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funds into there at the moment. So I think that's a totally

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relatable experience.

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And, you know, if you're, if you're in technology,

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and it happens, it really makes you upset. And so I was like,

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Okay, I've got to, I've got to help in this space. And so then

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I got a call from Matt, who's our CEO and founder and he came

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up to Seattle, and I sat down, which I thought was so

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personable and just very insightful. And so I spent some

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time with him learning about what unstoppable was doing

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learning about what was happening on web three and I

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always tell him I say after our four hour dinner because it was

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a long dinner at the Cheesecake Factory because he was flying it

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and wanted someplace close to the airport. I was sold on the

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company. Yeah. So and that's kind of how I did it. So I went

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from blockchain, which is the, you know, the core and the base,

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the backbone of the technology for web three from that over to

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unstoppable, which focuses on digital identity all linked

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together. And it's I haven't looked back one time, well, I

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have

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a bit of a bone to pick because I am a Carnegie

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Mellon alum. So anytime we add, we meet MIT fellows, you know,

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we have to fight each other. Now. I think that's the only

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way. I'm just kidding. But anyways, so what excites you

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about the change from, I hesitate to say more

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traditional, because I still want to note that Amazon is a

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very dynamic and adaptable company. And it's just that it I

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guess, on the scale of completely traditional to

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completely non traditional Amazon is closer to the

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traditional end than a lot of crypto and web three companies

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are. So what kind of excites you about that change? I know you

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mentioned in the wider world that getting scammed was part of

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the motivation for joining. But on a more day to day operations

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level. What makes you excited about web three? And what are a

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little bit of the differences between being in a web three

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company and being in a web two company?

Unknown:

Well, hi, I always want to be part of the the new like,

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what are we creating? Where is this going? And so the prime

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motivation for me was that we were just starting in web three,

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I like to say it's a dial up face, like that's where we are

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today. And I really want to impact where the internet goes.

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So for web two, I feel like I got to impact pieces of where it

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was going. But I feel web three right now is in that formative

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stage, we have the backbone technology of blockchain. But I

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think the very next thing to be formed will be digital identity.

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And for me, that's very, both personal, as well as

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professionally challenging. You know, today, if you look at you

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ask me some of the differences in web two, you know, you go and

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you sign in to Google with your username and password. And then

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you go when you have a different username and password for

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Twitter or for Instagram, and for the convenience of signing

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into those great applications. And you get to use them. They

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collect the data about you so they own the data. And I just

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saw a report yesterday that said that Google and Facebook alone

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did $100 billion so far this year, on selling your data. And

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for me, you know, it's a little scary like I was the other day,

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my husband and I were, we were driving somewhere and our

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friends were throwing a costume party. So we're like, oh, well,

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we met in Texas, let's dress up like you know, cowboys, and that

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kind of thing. That'll be fun. And we were talking about hats

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and you know, friend and all that. And the next thing we knew

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we saw pop up on Facebook, literally like we were just

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talking about it. Were all these ads for friends shirts, and

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Stetson cowboy hats and boots. And so that's just I know, it is

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I know, and I know, they say they're not listening. But you

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know, that's a big difference. Web three, what happens is you

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log in, let's say you have unstoppable domain, you log in

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with that domain, which now serves as your digital identity.

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And then your digital identity travels with you across the

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metaverse. You can sign into a Metaverse, you can sign into a

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game, you can sign into a defy app. And this is happening

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today. And that information travels with you. So you're not

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giving your data to someone else, you get to decide who gets

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the data, who uses the data, how they use the data when they use

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the data. And for me, that's such a powerful concept on a

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professional level, but also on a personal level. That's very

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important to me as we move forward.

Lindsay Poss:

Well, not to mention not having to have 1000

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passwords.

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I actually counted mine because I did a keynote and one

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guy raised his hand and he said, Well, how many passwords do you

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have? And I was like, you know, I don't know. So I did count I

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have I have 298

Lindsay Poss:

Holy guacamole. Yes, that is a lot of places to

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enter strings of text and numbers and permutations of

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those strings of text and numbers that you can never

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remember. I think that many of us in the web two worlds spend

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more time going through the Forgot Password options than we

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spent on the actual thing that we forgot the password of. I can

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imagine that there's there's some data out there about that.

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I want to talk more about this data privacy, just because this

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is something I'm extremely passionate about. And part of

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what we're talking about here is data portability, being able to

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transition from one platform to another very easily because you

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own your data. Someone else doesn't own it. And also

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interoperability. You can use the same apps across many

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different types of platforms to and and it's all you know, your

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data was this something was data privacy and the idea of this

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sort of Oh Owning your digital identity. Was that something

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that you noticed prior to joining unstoppable domains? Was

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that an issue that you cared about before unstoppable

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domains? Or was this learning about the blockchain? And then

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learning kind of what the differences could be in signing

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into a metaverse? Was that more of an impetus? Or a motivation

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for being more passionate or interested in data privacy?

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which one came first, the chicken or egg question?

Unknown:

Well, it's actually a little bit of both. So I used to

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work on, I've worked on so many things in my career, and one of

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the things I worked on were standards for single sign on.

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And so, you know, we had tackled the problem then. But because we

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didn't have the technology, like a blockchain, in order to

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accomplish what we needed to accomplish, it didn't get to the

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point it needed to get to. So it was really a combo of I had

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studied this problem before. Now, with so many, you know,

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data issues happening, data breaches happening, just so many

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things in that space happening. And now having the technology,

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it's the start of the technology for building out your digital

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identity, that I saw kind of that light at the end of the

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tunnel, that well, this is possible. And this is something

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that I, you know, I really had on my on my list to try to

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accomplish and help people with, because that's really important

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to me, too. You know, Lindsey, people say today that your

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company, it can't just be about profit, it's got to be about

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purpose. And, and for me, this is the purpose behind

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unstoppable domains. It's not just about, you know, growing

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bigger, or how many more domains, there really is this

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purpose. Our goal is our mission is to get a domain in the hands

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of every person, like we feel that digital identity is a human

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right. And that means if you have your own digital identity,

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and you own it, then you own your data. And so that purpose

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mission is very strong and very powerful to me. And I think it's

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very motivating to a lot of people,

Lindsay Poss:

I want to pivot a little bit. One of the things I

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love also in the aforementioned op ed, that Business Insider

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one, that you talk about wanting to have more women in web three,

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and I want to show to highlight women and tech crypto in the

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metaverse. So obviously very behind that. But what I want to

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ask you is what does that actually look like? I have

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people who approached me all the time and say, I want to get into

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web three. But that's such an a amorphous concept to me, you

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know, does getting into it mean having a wallet? Does it mean

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working a job? Does it mean, I don't even is there other things

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that it means? You know, I don't even know what it looks like to

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have more women in web three in a truly meaningful way beyond

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just statistics. What does truly having women in web three mean

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to you? So for

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me, it means that women are educated enough about what

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it is and what it isn't? What's there today, and what's the

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future hold so that they can make informed decisions about

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jobs or side projects or side gigs or, you know, whatever they

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want to do. Part of my motivation was when I first came

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in to unstoppable New York Times did an article about my movement

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from AWS over to unstoppable. And so we got 1500 applicants

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now that's a big deal for a small company. But as I looked

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at them, Lindsey, there was only about 2% Women now I was known

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at AWS for whenever I would put out a job req 40% of the folks

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who applied were women, I believe that's pretty

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consistent. You know, if you can see it, you can be it women get

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more women applicants, you know, Latino gets more Latino

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applicants. It's just kind of you, you kind of see what you

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can be and therefore more people apply. I had never had 2% women,

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I was appalled. And so I started asking people about it. And what

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I found was that, you know, it's kind of the old, old analogy

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that women will apply for a job when they're 100% sure of all

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the qualifications and men will apply at 40. And so most of the

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women said, I really want to do web three, but your application

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said knowledge of web three, and I'm not knowledgeable. I formed

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a group called unstoppable women of web three to do just that.

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Our mission is all about education. I found that it with

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companies because there are so many groups out there today on

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web three for the individual. So I wanted companies to get

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involved like this is an industry challenge. Only 8% of

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the workforce for web three in the metaverse today are women.

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This is an industry issue. And so I figured I wanted all

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companies to get engaged and to help provide education for women

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in the space. And for me, that was that was very powerful. I

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thought Lindsey we went announced on International

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Women's Day and I thought we'd get like 20 companies we got 70

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So it really resonated with a lot of companies. Yeah, now

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we're up to now we're up to 120. Wow, that's crazy.

Lindsay Poss:

Oh, what do those educational programs actually

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look like? Well, I guess I want to ask A couple couple caveats

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to that. One, what what is contained in them? Two, how can

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people sign up? And three, how can people get involved with

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teaching if they want to or on that kind of back end if they

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have experience in web three?

Unknown:

Yeah, great question. So first we have a website is

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called unstoppable. Wow. three.com. We also have a web

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three version unstoppable, well, three dot exe. But you know, so

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far web three websites aren't searchable, aren't Google

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searchable. So we had to have both on that website. There's

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ways you can join as a company and ways you can join as an

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individual. So what we've been doing is testing the market

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right now. So we've been providing education, on web

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three on careers on communities on NFT groups on Defy. So now

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what we've developed as a set of streams on each of the top

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educational areas, so let's take Dallas, for instance, downs are

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really interesting. If you don't know a Dow was a decentralized

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autonomous organization, or dow for short. And it acts like a

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community group that votes either with a token, a digital

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asset, or, you know, one company, one vote, one person,

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one vote, that sort of thing. It's a very hot topic now,

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because a lot of companies and web three are dowels. And so

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we've got a stream of education for dowel. So what is a Dow?

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What are some of the options? How do you form a profitable

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Dow? How do you form the most community friendly Dow and so

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both us as unstoppable domains, as well as member companies are

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contributing to that and we'll grow that out. Eventually, what

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I envision is that there'll be some sort of certification,

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right, so Lindsey is certified in 101 dowel or 201. Dow as we

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move forward, and we have a whole set of streams that we've

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agreed to based on the interest from the community itself, which

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today is about 40,000 women strong.

Lindsay Poss:

That's so cool. I hope that people listening go

Lindsay Poss:

check that out. That's, that's a really awesome resource to kind

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of get in and get started. I also want to plug that I did an

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episode called what is the Dow anyway with another woman who

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runs Nbd financials, which everyone should go check out? If

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they want to learn what a Dow is?

Unknown:

I will definitely do that. Okay, cool.

Lindsay Poss:

Yes, that was a good one. And speaking of kind

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of accessibility, education, all of this stuff. One of the things

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that you also mentioned in this Business Insider op ed, which as

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you can tell I read very closely is that there is this

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accessibility problem and getting people actually onto web

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three platforms. And we actually kind of started with with

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talking about what getting women into web three, but there is a

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much wider problem as well with people in general, the barriers

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to entry are still kind of high. While there's definitely some

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movement from everyone from small sort of tech companies to

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huge tech companies in in building things that are that

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make it more accessible to get into the metaverse. But do you

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think that there's enough prioritization from both big and

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small companies? I guess I'm probably thinking more about

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large companies who could who have really have the billion

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people user bases. Do you think there's enough prioritization on

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building the metaverse to actually improve that

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accessibility? And framed from the other perspective, do you

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think audiences and consumers are actually ready for the

Lindsay Poss:

metaverse? So first of all, are we doing enough to make it

Lindsay Poss:

accessible? And then secondly, like people you want it to be

Lindsay Poss:

accessible yet?

Unknown:

Yeah, I mean, and this was really interesting. So I

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just got back from the metaverse summit in Paris, they released a

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new piece of research that said 89% of people felt like the

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metaverse was for the elite, which is hard trouble, right? I

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mean, they felt like only if you had great tech knowledge and,

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you know, money that you could get into the metaverse, which,

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you know, everybody, of course wants to change that. We think

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that the metaverse should be for everyone that exist out there.

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And so are people doing enough today? I would say no, but I do

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see that it's coming. Oh, my gosh, I Lindsey met so many

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Metaverse, companies at the summit. They're doing another

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one in San Francisco, then I'm going to Singapore. We're going

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to do another one there. The growth in the space is just mind

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blowing. And I think it's because the metaverse is such a

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an interesting concept of kind of in real life with the virtual

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world using a lot of technology that we've played with before

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augmented reality, virtual reality artificial intelligence.

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And I just think that there's a compelling value proposition

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there. So are we doing enough? I would say no, in fact, it's

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interesting. So I'm an adjunct professor at Carnegie Mellon. I

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love Carnegie, Carnegie, as you know, is has the most women

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graduating in computer science and engineering than any other

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school in the world, which is pretty cool.

Lindsay Poss:

Yeah, it's just the best school and I'm my

Lindsay Poss:

completely unbiased, very neutral point of view.

Unknown:

I love It's awesome. So I went to go teach in the

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metaverse, one of the other guys had said to me, oh, I want to

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come and listen and experience it and see how you do it. This

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is a professor who's super wicked smart. I helped him build

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his avatar. And I, you know, and I said, are you okay? He goes,

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Yeah, practice. So I went into the metaverse to do my

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presentation. And I was sitting there doing my presentation, and

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I looked up and there he was on the ceiling, his avatar was on

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the ceiling. And so obviously, I was speaking and he was DMing.

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me the whole time help, I can't get off the ceiling help. I

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can't get off the ceiling. And I couldn't help him. Now, this is

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a wicked smart dude. Right? He couldn't get off the ceiling. So

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are there areas that we need to improve for usability?

Unknown:

Absolutely. There's so many things that we can be doing

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there and that we need to be doing there. And it's one of the

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reasons again, I love unstoppable because now you can

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use that digital identity to sign into all these meta verses.

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You don't have to have 100 ideas to do that. But Lindsey, one of

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the things that I got to talk about at the metaverse summit in

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Paris was there's so many use cases of the metaverse for good

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and how it is disrupting the industry take education, right,

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like when you're teaching. In fact, one of my daughters the

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other day, they were learning about Mars, and they, you know,

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they had a lecture on it. And then her professor, her teacher,

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sorry, I guess I should say, teacher, her teacher took them

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into the Mars metaverse. She got to walk around you get to play

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and oh my gosh, Lindsey, she took away so much from that,

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because she experienced it. She didn't just hear about it. So I

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think there are many, many, many places fashion, you know, I went

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to a fashion show and I got to deck out and clothes I would

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never wear I had 10 inch heels on. I mean, it was super fun. I

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had so much fun. I got to go to the ABA concert, which I don't

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know if you saw Abba, but they did the digital memes for each

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of the singers when they were younger. It was, you know, they

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claimed that that concert really changed the game because of the

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experience of the Avatar was so much greater. So there's so much

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to do here for sure. But I do think that companies are

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recognizing it and seeing it like even KPMG just said a lot

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of their customer meetings now will be done in the metaverse.

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So I think large companies, small companies, web three

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companies, web two companies are all seeing the impact and the

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value of the metaverse.

Lindsay Poss:

That's so cool, and very, very fun. And I want

Lindsay Poss:

to use this to pivot into you telling me about unstoppable

Lindsay Poss:

domains. I've definitely done some Googling, and I have an

Lindsay Poss:

idea, and you've given us a pretty good idea so far of what

Lindsay Poss:

you actually do. But just for the audience out there. Can you

Lindsay Poss:

explain what unstoppable domains is, how it works and how you

Lindsay Poss:

reach this magical, wonderful valuation level?

Unknown:

Yeah, so I see the company is really having two

Unknown:

focuses, but that you're tied together, they really, for me,

Unknown:

part of the power of unstoppable is that we do have both of these

Unknown:

focus areas. So one is unstoppable domains. So we sell

Unknown:

web three domain, so it's not a.com, but it would be like a

Unknown:

dot crypto or a dot NFT. So then you would be identified Lenzi as

Unknown:

Lindsey dot NFT, or Lindsey dot crypto, whatever TLD that you

Unknown:

preferred. So that's one piece of it is getting you the domain

Unknown:

getting you that name. And then that name now can be used in the

Unknown:

second part of the equation, which is that digital identity,

Unknown:

so not just the name that can be used for a website. But now that

Unknown:

name becomes your digital identity. And what that digital

Unknown:

identity enables you to do is to collect data about yourself that

Unknown:

you understand about yourself. And it enables you to log into

Unknown:

multiple applications. So today with us, there's over 300 plus

Unknown:

live applications, so many more that are coming that you can use

Unknown:

that name so you could sign in to cook finance, which is a defy

Unknown:

app or a decentralized finance app. You could take that same

Unknown:

night and you could sign into, let's say, Atlantis metaverse.

Unknown:

Let's say you wanted to go to the Atlantis metaverse. You

Unknown:

could use that same name and then go sign into Zuko, which is

Unknown:

like zoom on web three, just that name, Lindsey dot NFT I

Unknown:

could now use and travel with that across all of my digital

Unknown:

assets. And I think the combination of those two is very

Unknown:

powerful. And that's what the investors recognized is that

Unknown:

being able to have a domain that's then tied to your

Unknown:

identity and store your data and your identity is powerful. So if

Unknown:

you think about you know today, we can store your you know, some

Unknown:

of your social media information about you what country you're

Unknown:

from your email, your crypto ID but imagine in the future let's

Unknown:

talk about education. Imagine being able to store your diploma

Unknown:

and your certifications. So my daughter just took a class at a

Unknown:

community college. Oh my gosh, it was so hard to get her

Unknown:

transcript because I want it so that when she goes to

Unknown:

university, she gets credit for it. I had to fax information now

Unknown:

First of all, I had to find a fax machine

Lindsay Poss:

that is so painful,

Unknown:

painful. So I had to find a fax machine. They

Unknown:

eventually mailed not emailed mailed me the transcript on

Unknown:

paper that I now have to keep. So imagine if in your digital

Unknown:

identity, your diplomas, right, Carnegie, MIT, Harvard, Arizona

Unknown:

State University was stored in that identity. So then when a

Unknown:

company asked you for it, you could go, if you're joining an

Unknown:

alumni club, you could go, you know, the other day, I heard an

Unknown:

interesting fact, 30% of people who belong to alumni clubs,

Unknown:

never went to the University.

Lindsay Poss:

That's great. I love that. I love that there are

Lindsay Poss:

people out there who even seek to join alumni clubs that they

Lindsay Poss:

didn't go

Unknown:

to university for. Yeah, I know. Right. And so now

Unknown:

now you can verify that you attended that? Yeah,

Lindsay Poss:

that makes way more sense. Yeah.

Unknown:

sporting events, same same type of thing. I was

Unknown:

working with relic tickets, because we do NF T ticketing for

Unknown:

all of our events. And they were telling me that people will say,

Unknown:

Oh, I went to the Superbowl this year, and they didn't go like

Unknown:

40% of people will say they went to the Superbowl they didn't go.

Unknown:

So now you can get you know, that can be on your digital

Unknown:

record. So there are so many values here and think about

Unknown:

health care. You know, one of the big challenges with health

Unknown:

care is each doctor has their own information. Well, if they

Unknown:

could look at all that information at one time, you

Unknown:

could get better diagnosis. And in fact, I just attended a

Unknown:

healthcare startup day at NFT. NYC. And the numbers they showed

Unknown:

is that 80% of misdiagnosis come because the doctor who diagnosed

Unknown:

you didn't have all the information. So imagine if all

Unknown:

of that data existed in your digital identity. And that's

Unknown:

just the start. Like there's so many opportunities here. In

Unknown:

fact, on a panel that I was on down in Austin, Texas, they

Unknown:

asked me, What's your favorite digital identity application

Unknown:

today, and I was like, You know what it hasn't been created,

Unknown:

like, I don't even know what's going to come. And that's going

Unknown:

to be my favorite. I just know it because there's so many ways

Unknown:

to bring this value forward. So this is you can see, well, I'm

Unknown:

so excited about what we're doing. There's so much power

Unknown:

here.

Lindsay Poss:

That's so cool. So I have sort of a follow up

Lindsay Poss:

question about the functionality, because I

Lindsay Poss:

definitely understand how it works from an individual user

Lindsay Poss:

perspective. What do you offer for companies or brands to be

Lindsay Poss:

able to build their identity? And how was that sort of

Lindsay Poss:

different? You know, the way of businesses may be storing its

Lindsay Poss:

own data, even if it's data, not even about its customers or its

Lindsay Poss:

users, but about itself? You know, what does that what does

Lindsay Poss:

it look like? How does unstoppable domains work for

Lindsay Poss:

business?

Unknown:

Yeah, well, the first thing I'll say, that I'm very

Unknown:

proud of that we've done is that we've protected all the

Unknown:

businesses domains that have been copyrighted, or trademarked

Unknown:

and we constantly try to continue to do that. So for

Unknown:

example, you know, McDonald's was one of the last to go to the

Unknown:

internet, and then they ended up paying, I don't know, $6

Unknown:

million, I don't know, don't quote me on that. But for

Unknown:

McDonald's dot com, they paid a lot of money, because they

Unknown:

weren't early enough, and they had to go out and buy that. So

Unknown:

one of the things that we do and unstoppable is if you are a

Unknown:

company and you've got a trademark or a copyright on your

Unknown:

name, we've protected that for you. So no one else can go out

Unknown:

there and become you. Right. So if you're a McDonald's and you

Unknown:

want McDonald's dot NFT, we've saved that for you, we protected

Unknown:

it. I think that's very important. I don't know of any

Unknown:

other company doing that today, protecting a business's name,

Unknown:

which I know businesses are very interested in then for use as a

Unknown:

business, it depends upon how you would like to use your

Unknown:

domain and what kind of information about you that you

Unknown:

collect would be important. So it could be around you know,

Unknown:

trends or how you're doing in sales, or how your customers

Unknown:

have reacted to certain announcements or their

Unknown:

satisfaction level. So a lot of that data would be specific for

Unknown:

a company and the company wouldn't store data about its

Unknown:

customers because remember that data would be stored with a

Unknown:

customer. So think about this now, for companies now, roles

Unknown:

will change. So if I'm a marketeer today, what I do is

Unknown:

let's say I'm, I'm with a retailer, today, what I do is I

Unknown:

buy data from Facebook, I figure out the fraud rate, let's say

Unknown:

40%. And then I mark it to that customer list in the future in

Unknown:

the web three world if I'm now that same company. Now, as a

Unknown:

marketer, I have to figure out how do I entice you the user to

Unknown:

give me that data because I can't go buy it from Facebook

Unknown:

anymore. One retailer that we're working with, they were looking

Unknown:

at the price that they pay for the Facebook data and they

Unknown:

assume a 40% fraudulent rate. They were saying instead of a

Unknown:

10% off coupon they could give you an i a $1,500 coupon which I

Unknown:

really like

Lindsay Poss:

Uh, yeah, my favorite price is free. And my

Lindsay Poss:

second favorite price is cheaper. So I'm on board with

Lindsay Poss:

that.

Unknown:

I love that. So anyway, there are you know, companies

Unknown:

today are coming to us a lot of web two companies are coming to

Unknown:

us asking how will careers change? How will functions

Unknown:

change? How will you know? How will we function in the future,

Unknown:

because we still have to reach our customers. So that's

Unknown:

primarily what we're focused on today, we're kind of looking at

Unknown:

kind of this web three starter kit for web two companies, we've

Unknown:

done a lot of, you know, just help, because we're part of the

Unknown:

community helping them to understand some of the

Unknown:

implications and some of the things that could be disruptive

Unknown:

to them. That's all so

Lindsay Poss:

cool. My mind is, is running away with the idea of

Lindsay Poss:

the change in marketing especially. That's fascinating.

Lindsay Poss:

And I, I mean, obviously, the big draw the digital identity

Lindsay Poss:

portion to is that hopefully the rate of fraudulent transaction

Lindsay Poss:

scam transaction scam users, goes way down to zero,

Lindsay Poss:

essentially,

Unknown:

yeah. This weekend, you know, we went to a restaurant,

Unknown:

you know, the Google reviews, once we left the restaurant,

Unknown:

we're like, these can be real Google reviews. Well, imagine if

Unknown:

you could validate that the people leaving a review had

Unknown:

really eaten there had really experienced it, right. So there,

Unknown:

there are so many ways that you can leverage and use this as you

Unknown:

move forward for sure.

Lindsay Poss:

That's so funny, because I explained to someone

Lindsay Poss:

recently that I typically look for Google reviews in the 4.4 to

Lindsay Poss:

4.6. area, because anything about 4.6. I'm extremely wary of

Lindsay Poss:

how many people have any of those reviews are fake,

Unknown:

or I do the same thing. Unless I didn't do it well

Unknown:

enough on this restaurant, we ate it this weekend. But

Lindsay Poss:

maybe they had a whole lot of one star and a

Lindsay Poss:

whole lot of five star nothing in the middle or something who

Lindsay Poss:

knows being the so with the kind of education and accessibility

Lindsay Poss:

gaps in mind, how are you getting your users acclimated to

Lindsay Poss:

unstoppable domains? And you talked a little bit about the

Lindsay Poss:

onboarding process. But what are kind of the feedback the

Lindsay Poss:

reactions you're getting from people who decide to join to

Lindsay Poss:

join you? Yeah, so

Unknown:

one of the things that we learned right away is that

Unknown:

our mission, given that we do this digital identity law,

Unknown:

again, is really to work with other companies, and have those

Unknown:

companies reach their users. So it's really like a B to B to C

Unknown:

is the way we work. And so one of the things that we found is

Unknown:

that we do need to educate so many more people, just like we

Unknown:

talked about with women of web three, the same thing is true of

Unknown:

our partners, customers. And so we do pull together a lot of

Unknown:

really cool education. I'll just give you a couple of examples.

Unknown:

We recently worked with the city of Miami, that city is so

Unknown:

amazing. I have to tell you, one of the things that they have

Unknown:

done is they set up a Miami for everyone a month long education

Unknown:

series to get all their citizens trained on web three. And the

Unknown:

metaverse like, how cool is that? Right? I mean, the mayor

Unknown:

of Miami just rocks it in the space. So we went down. And we

Unknown:

physically did education, we were at Miami Dade College, and

Unknown:

we did education on what is the domain? How do you get a domain?

Unknown:

How do you use the domain? What's the value of it? How do

Unknown:

you protect your domain? And so we did in person education in

Unknown:

that example? And other examples we do you know, cool little

Unknown:

videos like how do you mentor domain? What is minting a

Unknown:

domain? How do you connect it to a wallet? How do you get a

Unknown:

wallet. So even though we don't sell a wallet, we help teach

Unknown:

others how to get a wallet because it's so important. You

Unknown:

actually store a lot and you need the wallet for the domain

Unknown:

itself. So we've done a lot of education. And we present that

Unknown:

to our partners to use with their customers as well. And

Unknown:

then I don't know, Lindsay, if you've been on any of our

Unknown:

Twitter spaces, you should come to some of our Twitter spaces.

Unknown:

We do Twitter spaces, twice a week we do podcast, you know,

Unknown:

education for us is really important. I've heard a lot of

Unknown:

web three companies say you know, we're really not a tech

Unknown:

company right now. Right now we're an education company,

Unknown:

because we have to get the mainstream to adopt. And that

Unknown:

means we have to spend a lot of our time educating and that is

Unknown:

part of what we do invest in is being able to do that education

Lindsay Poss:

that makes total sense. I like that disclaimer. I

Lindsay Poss:

don't have disclaimers, right word, but that differentiation

Lindsay Poss:

between being an education company? That definitely

Lindsay Poss:

definitely makes sense. And actually that leads perfectly

Lindsay Poss:

into this question because one of the things that has come up

Lindsay Poss:

on the show a couple of times is it's talking about NF T's and

Lindsay Poss:

other digital collectibles. I think that now we're starting to

Lindsay Poss:

use the term digital collectible because of the backlash against

Lindsay Poss:

the word NFT despite the fact that they're basically the same

Lindsay Poss:

concept. And just as a disclaimer, I've said on the

Lindsay Poss:

show, and I'll say again that I think the negative attention

Lindsay Poss:

makes for much more interesting news stories and there's plenty

Lindsay Poss:

of positive very cool examples of what digital assets and

Lindsay Poss:

digital ownership means. That may not be the pervasive opinion

Lindsay Poss:

thanks to bad press and also got many projects, I don't want to

Lindsay Poss:

denote some some of the press coverage has been perfectly

Lindsay Poss:

warranted. But with that in mind, what is your response to

Lindsay Poss:

folks who may doubt the need for something like unstoppable

Lindsay Poss:

domains or doubt the need for digital identity and digital

Lindsay Poss:

ownership? I hope that as the education education gap closes,

Lindsay Poss:

that those folks are able to reframe. But for now, do you

Lindsay Poss:

have any points of argument that we haven't maybe gone over

Lindsay Poss:

already on on how to get people on board with realizing this is

Lindsay Poss:

this is the direction we're heading in?

Unknown:

Yeah, you know, one thing that I have found and it

Unknown:

doesn't work for everybody, but one thing that I found is using

Unknown:

a an example today to explain how an NF T works is very

Unknown:

helpful. So for example, you know, today, people collect all

Unknown:

kinds of things, right. My mom collects Ted Williams baseball

Unknown:

cards, because he, I don't know what he was, he was like the

Unknown:

best hitter or something like that. She got a date with him

Unknown:

once. So now she's like a big fan. So she collects all his

Unknown:

cards. I know, my dad still jealous that they've been

Unknown:

married for 60 years. So it's kind of

Lindsay Poss:

it was it was Pierce Brosnan for my mom.

Unknown:

And so, you know, I was telling my mom, when you buy a

Unknown:

card, you have to make sure she's got ways that she makes

Unknown:

sure that the card is real, that it's a real card, not a fake

Unknown:

pretend card. And she values that because it's authentic. And

Unknown:

because it's something precious to her, I have another friend

Unknown:

who collect Chanel purses, which are so crazy expensive, but

Unknown:

that's what she collects. And we were chatting and I said and you

Unknown:

have to make sure that that Chanel purses is a real purse,

Unknown:

right. And you could go on and on. Right. And so I explained

Unknown:

them that a digital asset is similar you have to it's a

Unknown:

digital version of your purse or your baseball card. But you have

Unknown:

to prove its authenticity and that's the role of blockchain is

Unknown:

to prove that it is a real asset. And that you are the only

Unknown:

owner of it just like in person. And typically people get that

Unknown:

they understand that it you know what a collectible is but you

Unknown:

have to put it in that frame. I think just saying NF T did a

Unknown:

disservice. I do like the collectible piece added on

Unknown:

because I do think it helps out a lot. Now the other thing that

Unknown:

I do is I also talk about timeshares. Right? So I know a

Unknown:

lot of my friends have timeshares and they own two

Unknown:

weeks in Hawaii, right? And that's also another benefit of

Unknown:

NF T's is that fractionalized ownership. So you don't have to

Unknown:

purchase the whole thing you can purchase a part of a bank C

Unknown:

picture that is yours, a digital asset. Or I've now seen more

Unknown:

real estate being done through NF T's and that fractional

Unknown:

ownership, just like we used to do with timeshares is now being

Unknown:

done that way. And or companies, right? I mean, consider how many

Unknown:

companies today are fractional ownerships that are made up of a

Unknown:

dowel, which is essentially, you know, the same kind of thing as

Unknown:

a shareholder meeting. That's typically how I like to explain

Unknown:

it. It's just a digital version of what you have today in the

Unknown:

physical, it's hard if you don't understand the value of digital,

Unknown:

which I think most people are starting to do today. But at

Unknown:

least then they can picture okay, what is it and why might I

Unknown:

want to have it if it is a digital thing, this is what I

Unknown:

will tell you that Lindsay, the the younger generation, I don't

Unknown:

know whether we're calling them Gen Z, Gen, you know, whatever.

Unknown:

They get it and they get it because you know, they play

Unknown:

games, and they collect my daughter's collect, you know,

Unknown:

all kinds of tools and dress it on virtual games. And for them,

Unknown:

those are so valuable. And in fact, you know, for my

Unknown:

daughter's birthday, I gave her a card so that she could go and

Unknown:

buy more assets for her avatar and this particular game. So I

Unknown:

do think that, you know, as we're transitioning, I think

Unknown:

that there will be some people who get it just like in social

Unknown:

media. There are some people who got it instantly some people who

Unknown:

didn't, but that younger generation gets it right now and

Unknown:

I just saw a report that said 40% of them are already active

Unknown:

in the metaverse. So imagine as they continue to age they value

Unknown:

digital assets. Most of them value them more than something

Unknown:

that's real. They've been experimenting in the metaverse,

Unknown:

they have avatars. I do think that this will be something that

Unknown:

will come of age as they enter the workforce. I don't think

Unknown:

they'll accept how we do things today, right? Like even a zoom

Unknown:

call. You know, the other day my daughter was watching me on a

Unknown:

call and she's like, why aren't you doing that in the metaverse?

Unknown:

I'm like, Why aren't I doing that? Like why don't I have a

Unknown:

solid like why am I doing this on a zoom call? So some of those

Unknown:

questions that to them are just so obvious that we are different

Unknown:

about I think will come to pass as well. You agree with that?

Lindsay Poss:

Yes, that's something that's come up, come

Lindsay Poss:

up just over and over. I remember I had a woman on who

Lindsay Poss:

who was talking about how her daughter interacted with Roblox.

Lindsay Poss:

I think that's, I mean, that's probably the most popular with

Lindsay Poss:

kind of the younger you younger generations. And yes, it was the

Lindsay Poss:

exact same conversation about, she's wanting to buy certain

Lindsay Poss:

outfits and develop a style and show off to her friends with

Lindsay Poss:

that style is and build an environment which reflects that

Lindsay Poss:

style. And it wasn't just about real world style it was about in

Lindsay Poss:

in game style and how that works. I'm so glad that you

Lindsay Poss:

brought up gaming because that is kind of the best entry point

Lindsay Poss:

we have right now into the metaverse. And I think you're

Lindsay Poss:

totally right that as people who gain age more and more, it's

Lindsay Poss:

going to become so much more apparent what the value of that

Lindsay Poss:

ownership is. I also have a long running joke on the show that if

Lindsay Poss:

you own a Funko Pop, I don't want to hear your opinion on NF

Lindsay Poss:

Ts. That's been my rule of thumb. Like if you bought

Lindsay Poss:

something that was a collectible for a thing that you liked, just

Lindsay Poss:

because you liked it. You don't get to have an opinion on NF T's

Lindsay Poss:

being bad. Yes, I totally agree. I want to ask one final question

Lindsay Poss:

before we get into our wrap up. And I would love if you just

Lindsay Poss:

answer this kind of first reaction quickly as possible,

Lindsay Poss:

like what your initial thought is. So when someone asks you

Lindsay Poss:

what is the metaverse? What do you

Unknown:

say? I say it's a digital experience that uses

Unknown:

tech like AR VR and AI where we will live work, play and exist.

Lindsay Poss:

I love that New York Times couldn't do it any

Lindsay Poss:

better. I remember listening to the daily the daily podcast, the

Lindsay Poss:

daily podcast and they had this whole thing about the metaverse

Lindsay Poss:

and something that we talked about a lot on the show that

Lindsay Poss:

I've talked about with other guests just because it is the

Lindsay Poss:

framing should be very kind of loose and undefined, but also

Lindsay Poss:

undefined. Because there's just so much possibility out there.

Lindsay Poss:

And like you said before your favorite thing about the

Lindsay Poss:

metaverse is the one that hasn't been invented yet. Right. So

Lindsay Poss:

totally get it. Okay, Sandy, I am going to summarize a bit

Lindsay Poss:

about what we talked about. And then we're gonna get into the

Lindsay Poss:

last section here. So we talked about how you went from web two

Lindsay Poss:

to web three, the thing that you highlighted the most, you've

Lindsay Poss:

always stayed up to date with tech trends. You decided to join

Lindsay Poss:

web three after seeing clients use the blockchain. you wound up

Lindsay Poss:

getting scammed in that process and then decided to get involved

Lindsay Poss:

to help build something better. We're in the dial up phase of

Lindsay Poss:

web three, which means the next thing to be formed will be this

Lindsay Poss:

idea of a digital identity and being able to own your data and

Lindsay Poss:

allowing that data to travel with you around the metaverse.

Lindsay Poss:

So having a digital identity and owning your data is your human

Lindsay Poss:

right to be able to figure out what you want and who you want

Lindsay Poss:

to be in the metaverse. And I think that transition in the

Lindsay Poss:

reasons for your transition rather being so cool. You did

Unknown:

an excellent job on that, by the way. That was

Unknown:

awesome. Thank you. Awesome summary.

Lindsay Poss:

Yeah. Oh, we have more Sandy. Okay, okay. We

Lindsay Poss:

talked about women getting into web three means having women,

Lindsay Poss:

understand the industry, understand the tech and be able

Lindsay Poss:

to have that education to actually have the power to make

Lindsay Poss:

decisions about job opportunities, life

Lindsay Poss:

opportunities, play opportunities, whatever it might

Lindsay Poss:

be unstoppable women of love. Three has a mission to do just

Lindsay Poss:

this. And companies have become involved at I don't want to say

Lindsay Poss:

I'm only familiar with the term alarming rates. But I mean that

Lindsay Poss:

in a good way, like a good alarm, alarming rates to meet

Lindsay Poss:

this as an industry challenge. One of the fascinating

Lindsay Poss:

statistics that you brought up recently was from this this

Lindsay Poss:

Paris Metaverse summit in which 89% of people felt like the

Lindsay Poss:

metaverse was for the elite. Obviously, everyone wants to

Lindsay Poss:

change that. So not only should the accessibility be high, but

Lindsay Poss:

the ease of use should be high, you shouldn't have people

Lindsay Poss:

sitting on a ceiling not knowing how to get down. And in order to

Lindsay Poss:

do that companies really have to prioritize what they're putting

Lindsay Poss:

out there what the education is, and really kind of sink in and

Lindsay Poss:

get into it. We also went over what unstoppable domains does.

Lindsay Poss:

And it's a two parter here. So the first part is you selling

Lindsay Poss:

web three domain names. The second part is taking that

Lindsay Poss:

domain name that you then own and using it to create your own

Lindsay Poss:

digital identity, to log into all kinds of applications. And

Lindsay Poss:

to use that and to own that for yourself. We talked about what

Lindsay Poss:

businesses can do for it and how there's all kinds of

Lindsay Poss:

applications. But how the main thing that it does is it really

Lindsay Poss:

changes the way businesses market because now they have to

Lindsay Poss:

convince a user to actually share their data and share their

Lindsay Poss:

experiences with them, as opposed to just going out and

Lindsay Poss:

kind of buying those lists of data that are available. Now. We

Lindsay Poss:

finally ended with a talk about the young uns, how how the

Lindsay Poss:

younger generations younger users already get digital

Lindsay Poss:

collectibles and assets. They not only want to use them and

Lindsay Poss:

see the real value in using them, but they they're out there

Lindsay Poss:

collecting, owning and using them already in the metaverse

Lindsay Poss:

and as you mentioned, 40% of the younger generation is already in

Lindsay Poss:

the metaverse. As this generation ages, the power of

Lindsay Poss:

ownership and the power of digital collectibles will become

Lindsay Poss:

more and more apparent. So such a fun talk, Sandy, thank you so

Lindsay Poss:

much for coming on. The thing that I always like to end with

Lindsay Poss:

with all of my guests is a moment of reflection and that is

Lindsay Poss:

what is one thing you would like to tell your younger self about

Lindsay Poss:

getting into the crypto industry and being successful.

Unknown:

Yeah, I think this is always what I would tell my

Unknown:

younger self which is to take more risks sooner. You know,

Unknown:

when I started learning it I probably got excited about it

Unknown:

maybe a year before I actually took the leap went down the

Unknown:

rabbit hole and I've gotten better at that as I've gotten

Unknown:

older, as I've matured, in my career, I've gotten better at

Unknown:

taking more risks. And knowing that if I take a risk, and I

Unknown:

don't succeed, that learning is just as valuable as had I been

Unknown:

successful. You know, when I was younger, I think, you know,

Unknown:

especially as women, I don't think we take as much risk as

Unknown:

men. I don't really know why that is. But I do wish that I

Unknown:

had taken more risk. And I would say, on this space, if you're

Unknown:

sitting there and you are thinking, Gosh, Should I do it?

Unknown:

Should I do something? Should I learn? Absolutely, yes, it is

Unknown:

not too late. We are so early, and we need your input,

Unknown:

especially women and diversity. In order to shape the next

Unknown:

generation of the web, we must have diverse thought go into it.

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Otherwise, it's not going to end up being as innovative and as

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great as we know, it could be I love

Lindsay Poss:

that that's a perfect way to end. If you are a

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person who's considering getting into web three, please check out

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the educational resources at unstoppable domains. I'll link

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them in the show notes. Sandy, where can people find you follow

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you if you want to be found and followed, keep up with some

Lindsay Poss:

stuff. It'll means plug all the things for me,

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I am on every form of social media you could possibly

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imagine. So I'm Sandy underscore Carter on Twitter. I am Sandy

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Carter on LinkedIn. I do a lot of nice blogs and stuff,

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especially for a lot of the folks who haven't jumped into

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web three. I'm Sandy underscore Carter founder on Instagram. So

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those are probably the top ones but you can find me anywhere and

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I would love you know any questions or anything, please

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feel free to ask them. No question is silly. Or you know,

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if you're thinking it, someone else has the same question.

Lindsay Poss:

I love that. That's so wonderful. For all

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listeners. Please be sure to leave those five star ratings

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and reviews check out other holodeck media podcasts

Lindsay Poss:

including meta business and business of esports. I'm on

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Twitter, Instagram and LinkedIn at Lindsey pass. You can catch

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me Wednesday afternoons on the business of esports live after

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show and this podcast will be in your feed every week. We'll see

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you next week. Thanks for

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joining us here on meta woman. Make sure to subscribe to

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this podcast everywhere you get your podcasts leave a five star

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review and tell your friends family and colleagues all about

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us. Also, make sure to follow meta TV on all socials to get

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more of the best Metaverse content anywhere. Tune in every

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week for another episode of meadow woman

Show artwork for META Woman

About the Podcast

META Woman
Weekly metaverse content - for women, by women
Meta Woman will focus on addressing the issues, opportunities, and challenges facing women in the development of the Metaverse. Top female executives and business people operating within the gaming and crypto industries bring a wide range of perspectives through regular guest appearances.