Podcast Summary
This podcast episode delves into the workings of Commune, a decentralized network aiming to connect various other networks and foster code reuse. The speaker, a core member of the Commune team, discusses the project’s goals, its community-driven approach, and its partnerships. The speaker also shares their vision of making compute power accessible to developers and the potential of Commune to serve as a platform for various real-world applications.
Key Takeaways
Commune: A Universal Connector
- Commune’s Mission: Commune aims to serve as a general network that connects various decentralized networks, allowing for the reuse of code. It is likened to mycelium in a forest, connecting different networks and enabling them to thrive together.
- Community-Driven Approach: The Commune team is flexible and open to anyone joining. The team values the community’s collaborative spirit and aims to create an open and vibrant economy without traditional company structures or middle management.
Compute Power and Partnerships
- Compute Power: The compute power for Commune comes from the team’s own investments and partnerships, particularly with Nvidia. The speaker shares their vision of making compute power accessible to developers without adding barriers.
- Partnerships: The team is working with other organizations like Agora and Bittensor. They also mention a partnership with Agora and plans to connect their clusters to provide free compute resources.
Commune’s Evolution and Future Plans
- Evolution: Commune started as a crypto AI project but has evolved into a universal connector that aims to connect various applications and increase productivity. The speaker sees Commune as more of an AI project than a blockchain project.
- Future Plans: The speaker mentions the upcoming release of the Bittensor module, which will allow people to mine on it and connect subnets with Commune. They also discuss the development of a dashboard for developers and express interest in targeting both consumers and enterprise clients.
Monetization and Revenue Streams
- Monetization: The speaker discusses the possibility of monetizing applications through likes and usage, with validators voting proportionally based on popularity. They plan to offer various monetization options, including subscriptions and credit card payments.
- Revenue Streams: Potential revenue streams include connecting developers with consulting opportunities and dividing revenue based on token stakes. The speaker also shares their interest in creating a decentralized Airbnb-like platform for co-working and co-living.
Real-World Applications and Social Impact
- Real-World Applications: The speaker emphasizes the main goal of Commune is utility and real-world applications. They discuss the concept of using flare gas from mining sites to mine Bitcoin and convert the CO2 into usable CO2 for greenhouse farming.
- Social Impact: The speaker highlights the benefits of decentralized communities in funding projects that may face pushback from institutions, such as affordable housing and clean water initiatives. They express a focus on creating value for society and humanity rather than solely pursuing financial gain.
Sentiment Analysis
- Bullish: The speaker expresses a bullish sentiment towards Commune, highlighting its potential to connect various applications, foster innovation, and serve as a platform for various real-world applications. They also express optimism about the project’s future plans and potential for growth.
- Neutral: While the speaker is optimistic about Commune’s potential, they also acknowledge the challenges of building a protocol and the need for patience. They express skepticism towards influencers and paid marketing tactics, preferring to focus on organic growth.
