gm.xyz Briefing Document
-- PRE-CALL CHECKLIST ---
General Discovery
Researched by: Latsan
About the event
- Project: Gm.xyz
- Guests: Mike McGuiness, Co-founder, gm.xyz
- Topic: Building Web3 Social
- Event schedule: 9/27
- NOT FINANCIAL ADVICE
About our guest speaker
- Include guest name(s); try to include name pronunciation.
- Mike McGuiness
- Write a short bio about the guest(s) including their role at the project they are speaking about.
- Mike McGuiness is a writer, software engineer and the co-founder of Gm.xyz.
- Find one or two things that are unique or interesting about our guest. Little known facts are great! i.e. owns two Shiba Inus in real life so bought a lot of SHIB.
- Mike McGuiness is an MSc degree dropout
- Mike McGuiness has Bachelor’s Degree in Finance & computer science from Wake forest university but dropped out his Maters degree after first year 2020
- Describe their crypto journey thus far. i.e. graduated from college in 2016, got their first bitcoin as a graduation gift, fell down the rabbithole of Ethereum, launched a DeFi protocol in 2020.
- Mike McGuiness bought his first $btc in 2018, he enrolled for Masters of Business Administration in 2019, and dropped out in 2020. His brother is a better software developer they both try to bridge the gap in social media by building a tool that can combine all the functions of Twitter, Reddit, and Discord together in a decentralized way.
- How has their crypto journey impacted their decision to join/launch the project they work on today?
- every crypto Twitter uses GM - Good morning when they are making their first tweet in the morning and people will start dropping what’s happening in the crypto space as a response. He felt like naming the social media ‘GM’, and fortunately for him, the domain gm.xyz was available which he registered and the project from there.
- What are some notable achievements that increase their web3 reputation?
- Building a decentralized social media network for everybody in the web3 space
About the project
- What is the general positioning of the project? i.e. DeFi, NFTs, DAOs, governance.
- Web3 Social Network
- What is the value proposition of the project? How does it clearly differentiate itself from others in the web3 space?
- Creating a decentralizing social media network for people to share what’s on their mind, up-vote, down-vote, comment, and share with others by simply connecting to a web wallet.
- Gm.xyz combines all the functions of Twitter, Reddit, and Discord
- How does it benefit it community members and general web3 communities at large?
- People can now experience the right of ownership to their content
- No discrimination on the social media network
- Is it bridging blockchains, protocols, tools, communities, etc.?
- Yes presently running on Amazon web services but migrating to a decentralized architecture (e.g. IPFS, Arweave, or StarkWare)
- Does it bring a unique vision or approach to solving challenges in web3?
- Gm.xyz is a decentralized social media network where users can post feeds and also create communities. It works the same way with Twitter and others but in a decentralized format hence no one has access to another person’s content even the admins
- How does it improve the web3 ecosystem?
- Decentralizing our social media network. If we claim to be in web3, we should be able to use web3 social media as a means of communication
- Generally, how does the product work?
- Proceed to gm.xyz and pick a web3 wallet to sign up with, sign the message from your web3 wallet and you are good to go
- Gm.xyz allows you to create personal accounts and communities where people can follow your updates. You can join other communities with a quick search and you can follow their updates by liking, commenting, and sharing content. You can as well follow other members you tend to enjoy their feeds
- Active gm.xyz users can earn REP based on their activities and interactions with the platform. The platform can track all user's NFTs and poap for the wallet linked to the platform
- Results of the product so far
- Mobile app for ios and Android
- Mobile and desktop push notification
- Gm naming service
- Practical applications of the product.
- Detail current functionality of the project, where it is deployed, TVL.
- Gm.xyz is a decentralized social media network for individuals and communities
- Current and potential use cases.
- Communities hosting their members
- Community sorting base on activity
- consuming community content without joining (you can only join important communities)
- Outline steps for a beginner to get started.
- You can use the web,
- Go to gm.xyz and sign up with your web3 wallet and you are good to go
- You can join communities and costume their content as well
- Token economy.
- Nil (REP might be their governance token — rumor)
- Any recent, meaningful updates to the project.
- gm.xyz is now available on play store and AppStore
or
you can use the mobile apps via IOS or Andriod
- Roadmap/future applications
- Technical updates
- Two-Factor Authentication coming soon
- Dm settings coming soon
- Community updates or changes
- IOS applications and Andriod application is now available
- More Emoji option
- Stickers
- Community Homepage
- Community Invite link
About the ecosystem
- Find one or two things the speaker has shared in the past about the future growth, impact of web3?
- working on Gm.xyz community home page that makes it easier for members to find and stay on top of things like community rules & resources, important posts & discussions, and recently active chat channels!
- How will their project(s) contribute to the evolution and adoption of web3?
- Everyone can’t wait to have a decentralized social media network as they are tired of the rules centralized social media networks is enforcing on them. Also, some accounts are being suspended by centralized bodies without an explanation or some contents and have been deleted which will be solved with a decentralized social media network
- What are some web3 projects/tools that the project integrates to create a more robust ecosystem?
- Providing an immutable space to the social media network where users can now use social media without the data/information being sold
Anything else?
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Resources
References
- Relevant project links include discord, website, Twitter, podcast, medium, mirror, substack, gitbook, etc.
- Social media details of the guest.
Sources
- List every source used to curative the information in this outline. including blogs, tweets, sources of images, websites, youtube videos, interviews, podcasts, books, etc.