Cardano Over Coffee ☕
Innovative Pathways to Crypto Education and Connectivity
Imagine a world where students are empowered to live in a decentralized world, learning about and participating in the future of cryptocurrencies. In our latest episode, we had an enlightening conversation with the visionary behind Project MAV from MAV 100, an organization dedicated to making this dream a reality.
We delved into the fascinating journey of how MAV discovered Cardano two years ago and became captivated by its potential to create positive change within communities. The discussion also explored their innovative project aimed at helping students gain access to ADA through a stake pool alliance, opening up opportunities for them to learn about decentralized projects and make a difference in the crypto world. One particularly intriguing segment centered around Project MAV 100's use of Cardano to create a student-led telecommunications network, which not only benefits students and their local communities but also encourages partnerships with schools to earn Cardano native assets.
Despite the technical and financial hurdles faced while creating their decentralized telecommunications network, Project MAV 100 has managed to establish a system that increases both local and global access for students. We also discussed how listeners can support their incredible mission by delegating to the MAV 100 pool and contributing to the future of crypto education. Don't miss this inspiring episode that showcases the power of educating and empowering our youth to shape the future of blockchain technology and decentralization.
Support Cardano Over Coffee by delegating ADA to one of the single SPO host pools
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Imagine a world where students are empowered to live in a decentralized world, learning about and participating in the future of cryptocurrencies. In our latest episode, we had an enlightening conversation with the visionary behind Project MAV from MAV 100, an organization dedicated to making this dream a reality.
We delved into the fascinating journey of how MAV discovered Cardano two years ago and became captivated by its potential to create positive change within communities. The discussion also explored their innovative project aimed at helping students gain access to ADA through a stake pool alliance, opening up opportunities for them to learn about decentralized projects and make a difference in the crypto world. One particularly intriguing segment centered around Project MAV 100's use of Cardano to create a student-led telecommunications network, which not only benefits students and their local communities but also encourages partnerships with schools to earn Cardano native assets.
Despite the technical and financial hurdles faced while creating their decentralized telecommunications network, Project MAV 100 has managed to establish a system that increases both local and global access for students. We also discussed how listeners can support their incredible mission by delegating to the MAV 100 pool and contributing to the future of crypto education. Don't miss this inspiring episode that showcases the power of educating and empowering our youth to shape the future of blockchain technology and decentralization.
Support Cardano Over Coffee by delegating ADA to one of the single SPO host pools
TICKERS:
EPOCH
LIDO
INFI
Welcome to Cardano Over Coffee. Please remember to join us live Monday through Friday on Twitter Spaces at 1.30 PM UTC, 9.30 AM, eastern Standard Time. On today's show we have Project MAV MAV 100. They are a 501C38 charity who's teaching students how to live in a decentralized world. If you delegate to pull MAV 100, the students get the rewards. As the stake pool is owned by the school, it is donated to Listen in to learn more. We look forward to seeing you at Rare Evo in Denver, colorado, august 24th through the 26th. Get your tickets at rareevoio. Use coupon code COC10 for 10% off, grab your coffee and let's get down to it. Welcome MAV. So you run a stake pool and you do some interesting stuff here that we're gonna learn about And it's right down my alley education. So please introduce yourself and let us know how you found crypto and maybe Cardano.
Speaker 2:All right, well, let's see here. Second question how did I find Cardano? About two years ago, back, when everything was amazing in the crypto world and I started jumping on the FOMO train, cardano was one of the tokens that I picked up And I started. I just invested. I just spitballed about 10 different projects that were on Coinbase BTC, eth, cardano, aave, a couple others and just started kind of watching things seeing how they performed.
Speaker 2:Then I decided I would actually do some real research, become a real investor, and after reading through all the different projects that I had thrown some money at Cardano, i mean I had no idea what this ecosystem was about and what it could offer. It was pretty incredible And so I just dove in, dove in completely the ethos behind it, what it can provide to society, communities, it's just, i mean, the sky's the limit. So that's how I got involved there And so over the last couple of years just learned more and more. The bear market was actually pretty good to me. I shorted when I needed to short and I had extra ADA that I needed to do something useful with, because I didn't feel like giving, you know, 40% of it to the IRS in short-term trading. So I decided to create a nonprofit and use it to help the community here.
Speaker 1:Excellent, and tell us a little bit about this nonprofit and what's your goal and what you're trying to accomplish.
Speaker 2:All right. Well, like the name describes MAV100, just trying to push decentralization, and I saw kind of a problem within the. Well, a challenge, i guess, is a better way of putting it within the ecosystem How do students, how does a new generation, get involved? They can't go and get a Coinbase account or buy some Adoff Binance. They don't have access to a fundamental asset that they need to interact with the blockchain. So you know, you think about some of the solutions that would help a community or help a school. You have a digital identity. Decentralized digital identity would be an incredible thing that we could provide for students here. Imagine if students ASB cards had their entire transcript script history in the metadata or their vaccination records or anything else that colleges look at. You know what clubs they were in, what ASB positions they had. A college could just go in, check out their digital ID and they would have all the information they needed when they were scouting out for you know different admissions things, and so a student can't have access to that, can't perform transactions, can't get one of these NFTs that could provide digital ID without ADA, and so I was trying to figure out, solve this challenge of getting ADA into students' hands. How would this be possible? You know there are a few parents out there that have ADA, that make sure their kids are set up, but this is something that should be accessible to everybody. And so I went and started talking with different administrators and financial directors for school districts and looking into ways of accomplishing this, and so they said well, you can't just come and give ADA to students or something like that. But what you can do is you can work with the ASB clubs.
Speaker 2:And for those that don't know, in the United States we have things called the Associated Student Body And it's a not-for-profit entity, that it isn't necessarily a business, but it can perform business-like activities. So when you have, like, a football game and there's a concession stand, that's student run. That's usually money, that is, you know, and somebody buys a hot dog, that money goes to the ASB. Or if kids have a bake sale, they bring cookies from home and sell it to their other kids during lunch. Well, that's usually through the ASB.
Speaker 2:And so what we figured out is I can take a stake pool, i can donate the equipment to the school, help the kids set up the stake pool, and then that ASB club is now earning ADA. And then the beautiful thing is, every student in that school district now has access to that ADA, and so what we've set up here is a stake pool alliances. There are about five school districts here in our Valley. There are about 17,500 students or so, and every block that we mint, every ADA reward that comes in through our pool, gets distributed to those 17,500 kids. I speechless.
Speaker 1:Like hi, this is awesome. Like seriously, that's awesome. Obviously, you have some Welcome to Cardano Over Coffee. Please remember to join us live Monday through Friday on Twitter Spaces at 1.30 PM UTC, 9.30 AM Eastern Standard Time. On today's show we have Project MAV, mav 100. They are a 501C38 charity who's teaching students how to live in a decentralized world. If you delegate to pull MAV 100, the students get the rewards. As the stake pool is owned by the school, it is donated to Listen in to learn more. We look forward to seeing you at Rare Evo in Denver, colorado, august 24th through the 26th. Get your tickets at rareevoio. Use coupon code COC10 for 10% off. Grab your coffee and let's get down to it. Welcome MAV. So you run a stake pool and you do some interesting stuff here that we're gonna learn about And it's right down my alley education. So please introduce yourself and let us know how you found crypto and maybe Cardano.
Speaker 2:All right, well, let's see here. Second question how did I find Cardano? About two years ago, back, when everything was amazing in the crypto world and I started jumping on the FOMO train, cardano was one of the tokens that I picked up And I started. I just invested. I just spitballed about 10 different projects that were on Coinbase BTC, eth, cardano, aave, a couple others and just started kind of watching things seeing how they performed.
Speaker 2:Then I decided I would actually do some real research, become a real investor, and after reading through all the different projects that I had thrown some money at Cardano, i mean I had no idea what this ecosystem was about and what it could offer. It was pretty incredible And so I just dove in, dove in completely the ethos behind it, what it can provide to society, communities, it's just, i mean, the sky's the limit. So that's how I got involved there And so over the last couple of years just learned more and more. The bear market was actually pretty good to me. I shorted when I needed to short and I had extra ADA that I needed to do something useful with, because I didn't feel like giving, you know, 40% of it to the IRS in short-term trading. So I decided to create a nonprofit and use it to help the community here.
Speaker 1:Excellent, and tell us a little bit about this nonprofit and what's your goal and what you're trying to accomplish.
Speaker 2:All right. Well, like the name describes MAV100, just trying to push decentralization, and I saw kind of a problem within the. Well, a challenge, i guess, is a better way of putting it within the ecosystem How do students, how does a new generation, get involved? They can't go and get a Coinbase account or buy some Adoff Binance. They don't have access to a fundamental asset that they need to interact with the blockchain. So you know, you think about some of the solutions that would help a community or help a school. You have a digital identity. Decentralized digital identity would be an incredible thing that we could provide for students here. Imagine if students ASB cards had their entire transcript script history in the metadata or their vaccination records or anything else that colleges look at. You know what clubs they were in, what ASB positions they had. A college could just go in, check out their digital ID and they would have all the information they needed when they were scouting out for you know different admissions things, and so a student can't have access to that, can't perform transactions, can't get one of these NFTs that could provide digital ID without ADA, and so I was trying to figure out, solve this challenge of getting ADA into students' hands. How would this be possible? You know there are a few parents out there that have ADA, that make sure their kids are set up, but this is something that should be accessible to everybody. And so I went and started talking with different administrators and financial directors for school districts and looking into ways of accomplishing this, and so they said well, you can't just come and give ADA to students or something like that. But what you can do is you can work with the ASB clubs.
Speaker 2:And for those that don't know, in the United States we have things called the Associated Student Body And it's a not-for-profit entity, that it isn't necessarily a business, but it can perform business-like activities. So when you have, like, a football game and there's a concession stand, that's student run. That's usually money, that is, you know, and somebody buys a hot dog, that money goes to the ASB. Or if kids have a bake sale, they bring cookies from home and sell it to their other kids during lunch. Well, that's usually through the ASB.
Speaker 2:And so what we figured out is I can take a stake pool, i can donate the equipment to the school, help the kids set up the stake pool, and then that ASB club is now earning ADA. And then the beautiful thing is, every student in that school district now has access to that ADA, and so what we've set up here is a stake pool alliances. There are about five school districts here in our Valley. There are about 17,500 students or so, and every block that we mint, every ADA reward that comes in through our pool, gets distributed to those 17,500 kids. I speechless.
Speaker 1:Like hi, this is awesome. Like seriously, that's awesome. Obviously you have some educational background. Can you tell me a little bit about that And like maybe how you came up, like, what made you do? Like, tell me the passion.
Speaker 2:Okay. So I guess that's probably one of my greatest superpowers. I have six kids and 12 grandkids And I've been volunteering in schools different schools, they're spread all over the state For about 10 years now. You just go on, you get a background check and then you I mean teachers are swamped, they're overloaded all the time And if they have somebody that can come in and teach these kids multiplication or you know different things about you know the Constitution, the Constitution they take it. And so I've just been in there two, three days a week just helping out, helping out these kids that are in my grandkids and, you know, a few years ago, my kids classes. So I've just been going around doing that And, yeah, that's the link.
Speaker 2:But on the other side of it, you know, i also see all of the amazing benefits that blockchain and the Cardano ecosystem is about ready to offer to students. So, yeah, it's going to be really exciting because this is basically just Mav 100's pilot region. We're starting looking to start chapters everywhere, and a lot of that has to do with World Mobile and we'll get into that a little bit later. But yeah, we have a chapter down in Alabama, huntsville. I don't know if anybody's familiar with Huntsville Alabama. That's where NASA and Boeing get involved with each other. So there's a lot, of, a lot of people involved with engineering who are really interested in this type of stuff. We have some interest over in New York, interest down in Oregon. So yeah, that's kind of kind of where we got started from.
Speaker 1:It's really awesome Like tell me, tell me about you know how do you, how are you going to scale it right? So you mentioned World Mobile Token that kind of brought to you know, I love World Mobile Token, i'm going to be a node operator all that fun jazz, can you so you definitely pick up on that. Can you tell me how you're going to scale and use them?
Speaker 2:Well, okay. So when we originally started talking with the administrators in school districts and parents, they were a little skeptical. When you start talking about anything that has to do with Web 3, cryptocurrency and at blockchain, nfts, they take a step back and their eyes narrow a little bit, and that's kind of a common thing throughout the United States. People, i think, by and large, have been taught by the media to be skeptical, and so what we looked at is what are the end use cases that people can use A to for? And it comes down to telecommunications. Everybody uses phone, Everybody needs it, and so when we went out and we said not only can the students be owners of their financial system, they can also be owners of their telecommunications network. Right, you know, they run the stake pools, they process transactions, they help secure this network One of the most secure networks in the world but they also run a telecommunications network for their community.
Speaker 2:And so here at the core of it, what we're going to do is we're going to take the same model We're going to donate air nodes to schools within a school district, and then those students who are in the clubs we're getting geared up right now for the summer they go out and they talk to different members of the community because not everybody's right by the school, but their businesses, their parents, their churches, where they can go and become partners with the community and say so.
Speaker 2:Mav100 will donate half of the air node to the school and the other half is purchased by somebody within the community. Say, it's Dan's food market or the Heidelberger or, you know, the Catholic church. And so now not just the school is earning ADA and World Mobile Token, cardano native assets, but so are members of the community, all you know, and we have over 60 school partners now. They're all interested and we haven't even, we haven't even tried. It's amazing, when you tap into this, this school community, how hungry people are, how driven they are to get involved. I mean, you give them the idea of a community telecommunications network run by students and partnered with the community and they just it's. It's pretty crazy how rabid they get.
Speaker 1:Yeah, i could definitely see that like because I could see my school district that I live in being interested in that, because I know the people that are on on the board, so I could see the interest definitely on when you, when you bring students connecting with the community their, their community, they're, they're building something, they're earning an income like It's a great fucking idea. I don't have anything else to say. It's a great fucking idea.
Speaker 2:Well, you think about like, for example, in this community you know it's a valley about 80,000 people, about three to five million dollars a month just gets sucked up and sent off to AT&T and Verizon, you know, buying more yachts, better caviar, whatever. And I just talked to people and it's just like, look, if we just got 10% of that, half of it going to the school, half of it just circulating throughout the rest of the community, it's instantaneous. And so I guess one of the things that brought me to the world mobile angle was when I first found out about world mobile is just like this is amazing, i can't wait for this to come out. I started talking to my, my friends and we start talking about becoming little telecommunications barons in the valley. And but the friction that you run into is how do you get people to switch over from their old service, even if you're offering, you know, half price or quarter price, people like nod, and you know they're like, oh, that's interesting. But then they look away and keep drinking their beer, their coffee or whatever.
Speaker 1:But educational background. Can you tell me a little bit about that And like maybe how you came up, like what made you do Like tell me the passion.
Speaker 2:Okay. So I guess that's probably one of my greatest superpowers. I have six kids and 12 grandkids And I've been volunteering in schools different schools, they're spread all over the state For about 10 years now. You just go on, you get a background check and then you I mean teachers are swamped, they're overloaded all the time And if they have somebody that can come in and teach these kids multiplication or you know different things about you know the Constitution, the Constitution they take it. And so I've just been in there two, three days a week just helping out, helping out these kids that are in my grandkids and, you know, a few years ago, my kids classes. So I've just been going around doing that And, yeah, that's the link.
Speaker 2:But on the other side of it, you know, i also see all of the amazing benefits that blockchain and the Cardano ecosystem is about ready to offer to students. So, yeah, it's going to be really exciting because this is basically just Mav 100's pilot region. We're starting looking to start chapters everywhere, and a lot of that has to do with World Mobile and we'll get into that a little bit later. But yeah, we have a chapter down in Alabama, huntsville. I don't know if anybody's familiar with Huntsville Alabama. That's where NASA and Boeing get involved with each other. So there's a lot, of, a lot of people involved with engineering who are really interested in this type of stuff. We have some interest over in New York, interest down in Oregon. So yeah, that's kind of kind of where we got started from.
Speaker 1:It's really awesome Like tell me, tell me about you know how do you, how are you going to scale it right? So you mentioned World Mobile Token that kind of brought to you know, I love World Mobile Token, i'm going to be a node operator all that fun jazz, can you so you definitely pick up on that. Can you tell me how you're going to scale and use them?
Speaker 2:Well, okay. So when we originally started talking with the administrators in school districts and parents, they were a little skeptical. When you start talking about anything that has to do with Web 3, cryptocurrency and at blockchain, nfts, they take a step back and their eyes narrow a little bit, and that's kind of a common thing throughout the United States. People, i think, by and large, have been taught by the media to be skeptical, and so what we looked at is what are the end use cases that people can use A to for? And it comes down to telecommunications. Everybody uses phone, Everybody needs it, and so when we went out and we said not only can the students be owners of their financial system, they can also be owners of their telecommunications network. Right, you know, they run the stake pools, they process transactions, they help secure this network One of the most secure networks in the world but they also run a telecommunications network for their community.
Speaker 2:And so here at the core of it, what we're going to do is we're going to take the same model We're going to donate air nodes to schools within a school district, and then those students who are in the clubs we're getting geared up right now for the summer they go out and they talk to different members of the community because not everybody's right by the school, but their businesses, their parents, their churches, where they can go and become partners with the community and say so.
Speaker 2:Mav100 will donate half of the air node to the school and the other half is purchased by somebody within the community. Say, it's Dan's food market or the Heidelberger or, you know, the Catholic church. And so now not just the school is earning ADA and World Mobile Token, cardano native assets, but so are members of the community, all you know, and we have over 60 school partners now. They're all interested and we haven't even, we haven't even tried. It's amazing, when you tap into this, this school community, how hungry people are, how driven they are to get involved. I mean, you give them the idea of a community telecommunications network run by students and partnered with the community and they just it's. It's pretty crazy how rabid they get.
Speaker 1:Yeah, i could definitely see that like because I could see my school district that I live in being interested in that, because I know the people that are on on the board, so I could see the interest definitely on when you, when you bring students connecting with the community their, their community, they're, they're building something, they're earning an income like It's a great fucking idea. I don't have anything else to say. It's a great fucking idea.
Speaker 2:Well, you think about like, for example, in this community you know it's a valley, about 80,000 people, about three to five million dollars a month just gets sucked up and sent off to AT&T and Verizon, you know, buying more yachts, better caviar, whatever. And I just talked to people and it's just like, look, if we just got 10% of that, half of it going to the school, half of it just circulating throughout the rest of the community. It's instantaneous. And so I guess one of the things that brought me to the world mobile angle was when I first found out about world mobile is just like this is amazing. I can't wait for this to come out. I started talking to my, my friends and we start talking about becoming little telecommunications barons in the valley.
Speaker 2:And but the friction that you run into is how do you get people to switch over from their old service, even if you're offering, you know, half price or quarter price, people like nod, and you know they're like oh, that's interesting, but then they look away and keep drinking their beer, their coffee or whatever. But We have a society that is trained to accept this from schools, you think about it, students are trained to go out and sell stale chocolate bars or magazine subscriptions. They don't want to help from the school. And on the other side of it, members of the community are trained to say yes. They go out and they see the kids come and they're like okay, which one of these terrible magazines are we going to have to buy this time? Or how many of these chocolate bars do we have even thrown the ones that we bought last year away. But then you have a student come up and say hey, we're going to offer you a telecommunication service. Would you be willing to sign up to this service? It'll be half the cost of what you're running right now. It's run seamlessly. You have an e-sim. It just switches back and forth if you're in a different coverage area.
Speaker 2:And then people are like what? And then the students say and if you want to be a part of it, you can put either, if you don't have money now, we'll just rent the space for you. Mav100 will buy one of these things, put it up here, and then you'll just earn 20, 30 bucks a month. But if you want to put in a little bit of money on it, your return on investment will be less than a year, right? Just based off of the numbers that are coming out of Zanzibar. So people are just. You have entrepreneurs and you have rabid school supporters in the combination Thereof. Just takes the idea. So yeah, the key, though, is the stake pools for the students, because when they're earning that data, it just piles up right Over time, and then every kid might not just say, yeah, i'll go sign up this wallet.
Speaker 2:I'll try to write down 24 words and remember where I put that piece of paper, but if I was sitting in the lunch room eating a peanut butter jelly sandwich with my friends and somebody said they're down playing these cool Web three games And you sign up for a wallet, and I had 20 bucks in there, well, i'd be like, oh, i might do that. In a year when the kids have $30, $40, $50 in there, i think a lot more than just a few kids are gonna sign up. So I don't know, what do you think I like?
Speaker 1:the idea And, being that it's a non-profit, I'm obviously and being this is all blockchain, it's gonna be very transparent. I would assume Korea, Absolutely.
Speaker 2:Yes, and so as a non-profit, basically there's going to be installation and maintenance costs, and so, at the core of it, the World Mobile Network is going to support the non-profit So that we have people that are CBRS certified that can go around and install these things, maintain them, help the students with the stake pools, and then there'll be some amount that goes towards Mav100 for that, and then everything that isn't paying somebody a salary is going to go straight into buying more nodes for the students and helping build out the network. Awesome.
Speaker 1:Bop go ahead.
Speaker 3:Yeah, hey, i'm with Brian. I absolutely love this idea And I totally agree that you're tapping into something that is literally part of the fabric of every city, which includes the boosters for sports and all the stuff that I used to do as a kid as well. And you're right, you would go and pitch something like that And they're like you're at the door and you're a kid, they're like, okay, how much? And then just go ahead and get in And in some cases I don't even realizing that longer term they might actually really enjoy or become a part of something greater than what they realize at that very moment. Right?
Speaker 3:So the question I have is because I've done a little contractual, i've done a little bidding work within vending here in San Diego County And there was a bit of a I don't know, it was a machine basically. So a lot of the large bondlers are making agreements with the school districts And it's associated with the ASB And I'm not sure exactly the arrangement there, but that's the way they would generate the income that was coming in And it was a guarantee that they were doing So contractually. That was happening. How are you working the contracts with the school or the school district in order to ensure that there's impartiality there one and that profit shareings happen the way it should be things of that nature, right? Because it seemed very controlled what I went into when I went into that meeting, you know.
Speaker 2:It's very controlled, and so here in Washington state the entities that we have to work with are called education service districts. They deal with technology, basically, you have, most schools don't have the funds to maintain personnel that can deal with technology. They can't. They don't have some, you know, sometimes they might get lucky at an elementary school and somebody's savvy enough to you know, install a Wi-Fi router, keep it maintained, make sure that everybody's you know screens are working. But a lot of times they don't have those resources, and so the education service district goes around and they provide that for gosh, i gotta say, 295 school districts here in Washington And so every elementary school, many of the middle schools and some of the high schools that are too small, they all go through this entity And it's split into. I think there are nine or 10 different education service districts, and so we're working with our local one, the NCESD, and they handle a lot of that, and then at the individual, they basically give recommendations to each school district the financial directors there on how to work it. So We have a society that is trained to accept this from schools.
Speaker 2:You think about it. Students are trained to go out and sell stale chocolate bars or magazine subscriptions. They don't want to help from the school And on the other side of it, members of the community are trained to say yes. They go out and they see the kids come and they're like okay, which one of these terrible magazines are we going to have to buy this time? Or how many of these chocolate bars do we have even thrown the ones that we bought last year away.
Speaker 2:But then you have a student come up and say hey, we're going to offer you a telecommunication service. Would you be willing to sign up to this service? It'll be half the cost of what you're running right now. It's run seamlessly. You have an e-sim. It just switches back and forth if you're in a different coverage area. And then people are like what? And then the students say and if you want to be a part of it, you can put either. If you don't have money now, we'll just rent the space for you. Mav100 will buy one of these things, put it up here, And then you'll just earn 20, 30 bucks a month.
Speaker 2:But if you want to put in a little bit of money on it, your return on investment will be less than a year, right, just based off of the numbers that are coming out of Zanzibar. So people are just you have entrepreneurs and you have rabid school supporters in the combination Thereof. Just takes the idea. So, yeah, the key, though, is the stake pools for the students, because when they're earning that data, it just piles up right Over time, and then every kid might not just say, yeah, i'll go sign up this wallet. I'll try to write down 24 words and remember where I put that piece of paper, but if I was sitting in the lunch room eating a peanut butter jelly sandwich with my friends and somebody said they're down playing these cool Web three games And you sign up for a wallet, and I had 20 bucks in there, well, i'd be like, oh, i might do that. In a year when the kids have $30, $40, $50 in there, i think a lot more than just a few kids are gonna sign up.
Speaker 1:So I don't know, what do you think I like the idea And, being that it's a non-profit, I'm obviously and being this is all blockchain, it's gonna be very transparent. I would assume Korea, Absolutely.
Speaker 2:Yes, and so as a non-profit, basically there's going to be installation and maintenance costs, and so, at the core of it, the World Mobile Network is going to support the non-profit So that we have people that are CBRS certified that can go around and install these things, maintain them, help the students with the stake pools, and then there'll be some amount that goes towards Mav100 for that, and then everything that isn't paying somebody a salary is going to go straight into buying more nodes for the students and helping build out the network. Awesome.
Speaker 1:Bop go ahead.
Speaker 3:Yeah, hey, i'm with Brian. I absolutely love this idea And I totally agree that you're tapping into something that is literally part of the fabric of every city, which includes the boosters for sports and all the stuff that I used to do as a kid as well. And you're right, you would go and pitch something like that And they're like you're at the door and you're a kid, they're like, okay, how much? And then just go ahead and get in And in some cases I don't even realizing that longer term they might actually really enjoy or become a part of something greater than what they realize at that very moment. Right?
Speaker 3:So the question I have is because I've done a little contractual, i've done a little bidding work within vending here in San Diego County And there was a bit of a I don't know, it was a machine basically. So a lot of the large bondlers are making agreements with the school districts And it's associated with the ASB And I'm not sure exactly the arrangement there, but that's the way they would generate the income that was coming in And it was a guarantee that they were doing So contractually. That was happening. How are you working the contracts with the school or the school district in order to ensure that there's impartiality there one and that profit shareings happen the way it should be things of that nature, right? Because it seemed very controlled what I went into when I went into that meeting, you know.
Speaker 2:It's very controlled, and so here in Washington state the entities that we have to work with are called education service districts. They deal with technology. Basically you have, most schools don't have the funds to maintain personnel that can deal with technology. They can't. They don't have some, you know, sometimes they might get lucky at an elementary school and somebody's savvy enough to you know, install a Wi-Fi router, keep it maintained, make sure that everybody's you know screens are working. But a lot of times they don't have those resources, and so the education service district goes around and they provide that for, gosh, i gotta say, 295 school districts here in Washington And so every elementary school, many of the middle schools and some of the high schools that are too small, they all go through this entity And it's split into.
Speaker 2:I think there are nine or 10 different education service districts, and so we're working with our local one, the NCESD, and they handle a lot of that, and then at the individual, they basically give recommendations to each school district the financial directors there on how to work it. So As the nonprofit, we just make sure that we go in the contracts and say, look, you guys are going to be making this much. This is how much goes to the ASB. It's pretty much everything Maintenance and that's all done. The NCESD says, okay, this is about how much it should be and it's actually a salary that is not bad at all. All of that maintenance and installing are going to do just fine. If the rest of the proceeds just go into a fund that just gets wrapped back into the ASB to buy more air notes to build out the network, then it works out just fine.
Speaker 3:Okay, the one follow-up I have to, that is, is an absolutely love to telecommunications idea. There is precedent for this, in essence, with track phone and things of that nature. A lot of people call it burner phones and things like that. In some cases it might be a second phone. It's more of a suggestion, i guess. maybe that's kind of the pitch. It's like well, why would I need another phone or another service? In essence, actually, you're not.
Speaker 2:You're just adding one which then benefit your local community versus a national company that you don't know where that money is going to Over time, i feel like they would start to move towards or mosey towards that, the one that you're offering versus the one that's a national brand, yeah, Well, and that's the beauty of it is, you have these students that are involved and they don't need they don't need cell service down in Albuquerque or off in Miami, right, they need it in this valley. So you talk to the parents. It's the world mobile platform, something that you can run in tandem with any other service. You just get on the app and then the ESIM will run in tandem, so it'll just handshake back and forth.
Speaker 2:Some people they're going to add on five to 10 bucks a month to their cell service plan, but that's fine because it's all going to the school. Well, around 70% is going to the school. We're looking into picking up an Earth Node NFT to run for the schools, but one step at a time. We got the stake pool going and we're going to get that successful first. But yeah, and once the entire valley is filled out, a lot of people are going to switch over.
Speaker 4:It's just more On that for a quick block talk. I think some congratulations are in order. I was just looking at your feed and it looks like you minted your first block two days ago.
Speaker 2:It was a miracle block. Some of you are SPOs know that if you have 27,000 ADA right now in your pool, your chances aren't very high. Yeah, i think the luck on it was 6,706% luck. Yeah, awesome, but we're looking to. we have other.
Speaker 4:Hey, hey.
Speaker 2:Yeah.
Speaker 4:They're having their block party.
Speaker 3:Well, just keep me in mind for the San Diego County area and just put me in the back of your mind. If something does come up as you go to expand out, i'd love to be able to. I've got a little bit of connection still left with the school districts and I have a few vendor friend of mine that are a part of that So they might have some contacts into that nature use. So let me know and then maybe we might be able to integrate out here as well. So whenever that, oh, absolutely, yeah, yeah, okay.
Speaker 1:Absolutely. So I got, i got one more question and then unfortunately I have to head out. Epoch's going to take over and finish everything up. Are you working with? Have you reached out to IOG, the foundation, a Mergo, any of these? you know big people.
Speaker 2:Yes, yes. So let's see, a couple of days ago I applied for the for the Cardano Foundation delegation to the pool and we reached out to IOHK. We're we're partnered up with Yipple and they have a few connections which are really helpful and we're in discussions with IOG right now about their retired stake pools. They've got five with a million to two million ADA in there and we would like to get kick them on, get them running, get those accounts donated to ASB clubs so that all those potential blocker wards start piling up in student wallets. So if anybody else here has the ear of anybody, we've already reached out to them. Thank you.
Speaker 2:As the nonprofit, we just make sure that we go in the contracts and say, look, you guys are going to be making this much. This is how much goes to the ASB. It's pretty much everything Maintenance and that's all done. The NCESD says, okay, this is about how much it should be and it's actually a salary that is not bad at all. All of that maintenance and installing are going to do just fine. If the rest of the proceeds just go into a fund that just gets wrapped back into the ASB to buy more air notes to build out the network, then it works out just fine.
Speaker 3:Okay, the one follow-up I have to, that is, is an absolutely love to telecommunications idea. There is precedent for this, in essence, with track phone and things of that nature. A lot of people call it burner phones and things like that. In some cases it might be a second phone. It's more of a suggestion, i guess. maybe that's kind of the pitch. It's like well, why would I need another phone or another service? In essence, actually, you're not.
Speaker 2:You're just adding one which then benefit your local community versus a national company that you don't know where that money is going to Over time, i feel like they would start to move towards or mosey towards that, the one that you're offering versus the one that's a national brand, yeah, Well, and that's the beauty of it is, you have these students that are involved and they don't need they don't need cell service down in Albuquerque or off in Miami, right, they need it in this valley. So you talk to the parents. It's the world mobile platform, something that you can run in tandem with any other service. You just get on the app and then the ESIM will run in tandem, so it'll just handshake back and forth.
Speaker 2:Some people they're going to add on five to 10 bucks a month to their cell service plan, but that's fine because it's all going to the school. Well, around 70% is going to the school. We're looking into picking up an Earth Node NFT to run for the schools, but one step at a time. We got the stake pool going and we're going to get that successful first. But yeah, and once the entire valley is filled out, a lot of people are going to switch over.
Speaker 4:It's just more On that for a quick block talk. I think some congratulations are in order. I was just looking at your feed and it looks like you minted your first block two days ago.
Speaker 2:It was a miracle block. Some of you are SPOs know that if you have 27,000 ADA right now in your pool, your chances aren't very high. Yeah, i think the luck on it was 6,706% luck. Yeah, awesome, but we're looking to. we have other.
Speaker 4:Hey, hey.
Speaker 2:Yeah.
Speaker 4:They're having their block party.
Speaker 3:Well, just keep me in mind for the San Diego County area and just put me in the back of your mind. If something does come up as you go to expand out, i'd love to be able to. I've got a little bit of connection still left with the school districts and I have a few vendor friend of mine that are a part of that So they might have some contacts into that nature use. So let me know and then maybe we might be able to integrate out here as well. So whenever that, oh, absolutely, yeah, yeah, okay.
Speaker 1:Absolutely. So I got, i got one more question and then unfortunately I have to head out. Epoch's going to take over and finish everything up. Are you working with? Have you reached out to IOG, the foundation, a Mergo, any of these? you know big people.
Speaker 2:Yes, yes. So let's see, a couple of days ago I applied for the for the Cardano Foundation delegation to the pool and we reached out to IOHK. We're we're partnered up with Yipple and they have a few connections which are really helpful and we're in discussions with IOG right now about their retired stake pools. They've got five with a million to two million ADA in there and we would like to get kick them on, get them running, get those accounts donated to ASB clubs so that all those potential blocker wards start piling up in student wallets. So if anybody else here has the ear of anybody, we've already reached out to them. Thank you, mention it to them. Every ADA that gets minted on these pools right now the MV100 pool is going to students and it's bringing adoption. You can imagine like if you got set up down in San Diego. We're planning on going over to Seattle Public Schools here in the fall. It's just the potential is incredible, right.
Speaker 5:Do you cash in and dollars and donate the dollars? I'm so curious about that part.
Speaker 2:Oh yeah, ask that question again. I'm sorry.
Speaker 5:Do you cash out the ADA and donate the dollars?
Speaker 2:Nope, we're taking the ADA and distributing it to the student wallets.
Speaker 5:How do you do like? just wondering like this is interesting because of the you said you donate the ADA and then how do they do the whole what.
Speaker 2:So we donate the equipment to the ASB club and then the ASB club has a wallet that the rewards go into. Now the ASB club owns that ADA. It bypasses everything with the. That's the really important part of this is it's the students ADA from inception. Right, we aren't donating anything, we're not shilling anything. The students are the ones that are creating themselves.
Speaker 5:So that's their pool.
Speaker 2:Yes, we donate the equipment to them.
Speaker 5:Okay, so the pool doesn't belong to you, it belongs to the students, so the students do they have to get like a like. How does the taxes part work? I'm just so curious about this.
Speaker 2:Okay. So the tax on? as far as taxes are concerned, asb clubs have to pay. You know they have to pay B&O taxes if they, you know, do something like a business, business like operations, so like if they make money at their concession stand, they have to pay B&O taxes and they have to pay state sales taxes but they do not pay income taxes. So, as far as the stake pool is concerned, there are no taxes. The kids just generate this asset and then it's distributed throughout and each school district is a little different. Some of them are distributing and all the ADA to all the students. Some of them are just saying, okay, we're going to distribute some of it and some of it's going to go towards, you know, we're going to buy some volleyball or we're going to buy, you know, new computers for this computer lab.
Speaker 5:So, mav, you're providing that assistance for the taxing parties. That's going to be like a little bit of a nightmare for those kids.
Speaker 2:Oh, no, no, no, so it's the school that's involved there.
Speaker 5:The school like okay.
Speaker 2:So there's a each school has their own.
Speaker 5:Basically, they have their own accountant that handles ASB related finances, and so they're the ones that have to deal with that, and you know as far as educating them, did you say that they don't have like, like, technical people, who's educating them on the fact that they have to keep track of when the ADA is earned and the ADA is cashed out, kind of thing?
Speaker 2:Well, no, it has been cashed out yet. So we're crossing that bridge, but we're, we're providing that. I'm an advisor to like three different clubs and there are different parents around the Valley who know enough. you know, know that they have to declare that if they have digital assets or things like that that work with their schools. So it becomes kind of a decentralized effort. You know, people are aware of the details as far as who owns the ADA and you know what this asset is in regards to IRS, and so that we have to kind of rely on the advisors for different places to make sure everybody is educated on that kind of thing. But that's, that's you know what we're here to do. We're trying to educate people on blockchain, figure out how to get schools involved, and so, yeah, did that answer your question?
Speaker 5:Yeah, i mean it tells me you know where you get, but I'm still curious how you're going to solve that. Please let us know once you figure that one out.
Speaker 2:Okay, absolutely.
Speaker 5:Thanks.
Speaker 4:All right, we're getting towards the end of our second guest segment, so any last questions. Now's the good time to throw up a hand. How can?
Speaker 1:people support you right now.
Speaker 2:Oh, delegate to the MV 100 pool. I mean we would love donations to the MAV 100, handle MAV 100. But the most important one is the is delegating to the pool, because that's the way that the ADA gets into student hands seamlessly. It's through the stake pools And that's one of the superpowers of this blockchain is people can set up their pools. It's doesn't cost. You know, I don't need a blade server for a Solana pool or, you know, have to get involved with Google or any of that. Anybody can do this with Cardano. And so I mean I'd like to see a hundred student pools set up by the end of the year, just generating ADA for different stake pool alliances around the country. So, delegate, if you can get us minting blocks, those are, those are. That's ADA. That's just going straight into student wallets And, you know, in the future, I'm sorry to cut you off there, so.
Speaker 5:so you also take donations, and what do you do with those donations? You also distribute them into those wallets, because that's also no, no, no.
Speaker 2:We can't do that Well with the schools. We aren't going to do that. That could get murky. If people donate to us, we're going to be buying optimum liquidity bonds. If, if you guys are familiar with optimum finance and how the liquidity bonds work, we're going to be buying those bonds and putting them into the student stake pools so that they have a better chance of minting blocks. And then also, you know, if we any funds we get, we're going to be buying more world mobile air nodes for the schools. And then, as well, we're working on the students are going to kick off an NFT mint where all the proceeds are going to go towards Wallets for students, basically creating a reserve where whenever a student needs to make a wallet, it's available. Whenever a community partner that's going to put up an air node needs to make a wallet, it's available. So, yeah, if you donate to us, that's where it's going to go.
Speaker 2:And you know I'm fully doxxed. If anybody has any questions, just hit me up. Yeah, mention it to them. Every ADA that gets minted on these pools. Right now the MV100 pool is going to students and it's bringing adoption. You can imagine like if you got set up down in San Diego. We're planning on going over to Seattle Public Schools here in the fall. It's just the potential is incredible, right.
Speaker 5:Do you cash in and dollars and donate the dollars? I'm so curious about that part.
Speaker 2:Oh yeah, ask that question again. I'm sorry.
Speaker 5:Do you cash out the ADA and donate the dollars?
Speaker 2:Nope, we're taking the ADA and distributing it to the student wallets.
Speaker 5:How do you do like? just wondering like this is interesting because of the you said you donate the ADA and then how do they do the whole what.
Speaker 2:So we donate the equipment to the ASB club and then the ASB club has a wallet that the rewards go into. Now the ASB club owns that ADA. It bypasses everything with the. That's the really important part of this is it's the students ADA from inception. Right, we aren't donating anything, we're not shilling anything. The students are the ones that are creating themselves.
Speaker 5:So that's their pool.
Speaker 2:Yes, we donate the equipment to them.
Speaker 5:Okay, so the pool doesn't belong to you, it belongs to the students, so the students do they have to get like a like. How does the taxes part work? I'm just so curious about this.
Speaker 2:Okay. So the tax on? as far as taxes are concerned, asb clubs have to pay. You know they have to pay B&O taxes if they, you know, do something like a business, business like operations, so like if they make money at their concession stand, they have to pay B&O taxes and they have to pay state sales taxes but they do not pay income taxes. So, as far as the stake pool is concerned, there are no taxes. The kids just generate this asset and then it's distributed throughout and each school district is a little different. Some of them are distributing and all the ADA to all the students. Some of them are just saying, okay, we're going to distribute some of it and some of it's going to go towards, you know, we're going to buy some volleyball or we're going to buy, you know, new computers for this computer lab.
Speaker 5:So, mav, you're providing that assistance for the taxing parties. That's going to be like a little bit of a nightmare for those kids.
Speaker 2:Oh, no, no, no, so it's the school that's involved there.
Speaker 5:The school like okay.
Speaker 2:So there's a each school has their own.
Speaker 5:Basically, they have their own accountant that handles ASB related finances, and so they're the ones that have to deal with that, and you know as far as educating them, did you say that they don't have like, like, technical people, who's educating them on the fact that they have to keep track of when the ADA is earned and the ADA is cashed out, kind of thing?
Speaker 2:Well, no, it has been cashed out yet. So we're crossing that bridge, but we're, we're providing that. I'm an advisor to like three different clubs and there are different parents around the Valley who know enough. you know, know that they have to declare that if they have digital assets or things like that that work with their schools. So it becomes kind of a decentralized effort. You know, people are aware of the details as far as who owns the ADA and you know what this asset is in regards to IRS, and so that we have to kind of rely on the advisors for different places to make sure everybody is educated on that kind of thing. But that's, that's you know what we're here to do. We're trying to educate people on blockchain, figure out how to get schools involved, and so, yeah, did that answer your question?
Speaker 5:Yeah, i mean it tells me you know where you get, but I'm still curious how you're going to solve that. Please let us know once you figure that one out.
Speaker 2:Okay, absolutely.
Speaker 5:Thanks.
Speaker 4:All right, we're getting towards the end of our second guest segment, so any last questions. Now's the good time to throw up a hand. How can?
Speaker 1:people support you right now.
Speaker 2:Oh, delegate to the MV 100 pool. I mean we would love donations to the MAV 100, handle MAV 100. But the most important one is the is delegating to the pool, because that's the way that the ADA gets into student hands seamlessly. It's through the stake pools And that's one of the superpowers of this blockchain is people can set up their pools. It's doesn't cost. You know, I don't need a blade server for a Solana pool or, you know, have to get involved with Google or any of that. Anybody can do this with Cardano. And so I mean I'd like to see a hundred student pools set up by the end of the year, just generating ADA for different stake pool alliances around the country. So, delegate, if you can get us minting blocks, those are, those are. That's ADA. That's just going straight into student wallets And, you know, in the future, I'm sorry to cut you off there, so.
Speaker 5:so you also take donations, and what do you do with those donations? You also distribute them into those wallets, because that's also no, no, no.
Speaker 2:we can't do that Well with the schools. we aren't going to do that. That could get murky. If people donate to us, we're going to be buying optimum liquidity bonds. If, if you guys are familiar with optimum finance and how the liquidity bonds work, we're going to be buying those bonds and putting them into the student stake pools so that they have a better chance of minting blocks. And then also, you know, if we any funds we get, we're going to be buying more world mobile air nodes for the schools. And then, as well, we're working on the students are going to kick off an NFT mint where all the proceeds are going to go towards Wallets for students, basically creating a reserve where whenever a student needs to make a wallet, it's available. Whenever a community partner that's going to put up an air node needs to make a wallet, it's available. So, yeah, if you donate to us, that's where it's going to go. And you know I'm fully doxxed. if anybody has any questions, just hit me up, Yeah.
Speaker 1:Hi, the anything, anything that we didn't get to that you just want to make sure that you cover.
Speaker 2:Oh no, i think that's it. You know we're about to get heavily involved with Optum Finance. I think they have a great product and, yeah, if you, anybody who wants to delegate to our pool and v100. That's just building adoption across the country and hopefully across the world. You know world mobile is going to get to a lot of places. So the more Aiden student hands, the more adoption. Let's get this new generation going.
Speaker 1:Excellent. Definitely be looking more into your project and thanks for coming up, Man that sounds nice hero.
Speaker 4:Imagine if you could just and you know, get to school and then someone's like here's some keys to a wallet and you're like wait, what?
Speaker 1:Well, here's the thing I was thinking. Right, Are you working with Vesper wallet and these wallets that you don't need that 24 keyword phrase? right, I logged in the Vesper wallet, didn't ask me for shit. Right, I'm assuming that's using my iOS, Now I can go get that phrase. But let's be honest, 24 word key phrases are a barrier to entry of crypto. They always have been. They always will be.
Speaker 2:Absolutely No, I'm. I don't know much about Vesper wallet, but thanks for the suggestion. If it's a, I mean the kids are going around. Right now. One of the things we're doing is every eight accounts, And so people, if they want to delegate to the student pool, they don't have to, you know, give money to the school. They can just invest in this digital asset that they'll probably be using for their own telecommunications network, delegate at the school and then help the students out that way by minting blocks. So if there's a way where people can just press a couple buttons and have a wallet, I'm all for it. That would make it the job A lot of check out Vesper wallet It's mobile only which fits this, because that's the perfect fit.
Speaker 1:Look into that And the team is amazing, so even maybe reach out to them.
Speaker 2:All right, sounds good, and thanks everybody. Thanks for listening And hopefully we can get something really going here. You know we got 17,000 students earning it right now, but we'd sure like to add a couple zeros to that by the end of the year.
Speaker 4:Well, thanks for coming on and letting us know about what you're working on. Come back when you have some milestone, progress or something to share, but great having you on the show today.
Speaker 1:Thanks for listening to Cardano Over Coffee and a special shout out to Project MAV100. Thanks for stopping by And we hope to see everybody in Denver, Colorado, on August 24th through the 26th at Rare Evo. Get your tickets now at rareevoio. Use coupon code COC10 for 10% off. Hi the anything. Anything that we didn't get to that you just want to make sure that you cover.
Speaker 2:Oh no, i think that's it. You know we're about to get heavily involved with Optum Finance. I think they have a great product and, yeah, if you, anybody who wants to delegate to our pool and v100. That's just building adoption across the country and hopefully across the world. You know world mobile is going to get to a lot of places. So the more Aiden student hands, the more adoption. Let's get this new generation going.
Speaker 1:Excellent. Definitely be looking more into your project and thanks for coming up, Man that sounds nice hero.
Speaker 4:Imagine if you could just and you know, get to school and then someone's like here's some keys to a wallet and you're like wait, what?
Speaker 1:Well, here's the thing I was thinking. Right, Are you working with Vesper wallet and these wallets that you don't need that 24 keyword phrase? right, I logged in the Vesper wallet, didn't ask me for shit. Right, I'm assuming that's using my iOS, Now I can go get that phrase. But let's be honest, 24 word key phrases are a barrier to entry of crypto. They always have been. They always will be.
Speaker 2:Absolutely No, I'm. I don't know much about Vesper wallet, but thanks for the suggestion. If it's a, I mean the kids are going around. Right now. One of the things we're doing is every eight accounts, And so people, if they want to delegate to the student pool, they don't have to, you know, give money to the school. They can just invest in this digital asset that they'll probably be using for their own telecommunications network, delegate at the school and then help the students out that way by minting blocks. So if there's a way where people can just press a couple buttons and have a wallet, I'm all for it. That would make it the job A lot of check out Vesper wallet It's mobile only which fits this, because that's the perfect fit.
Speaker 1:Look into that And the team is amazing, so even maybe reach out to them.
Speaker 2:All right, sounds good, and thanks everybody. Thanks for listening And hopefully we can get something really going here. You know we got 17,000 students earning it right now, but we'd sure like to add a couple zeros to that by the end of the year.
Speaker 4:Well, thanks for coming on and letting us know about what you're working on. Come back when you have some milestone, progress or something to share, but great having you on the show today.
Speaker 1:Thanks for listening to Cardano Over Coffee and a special shout out to Project MAV100. Thanks for stopping by And we hope to see everybody in Denver, colorado, on August 24th through the 26th at Rare Evo. Get your tickets now at rareevoio. Use coupon code COC10 for 10% off.