- Rug Radio
- Posts
- Rug Radio Town Hall Notes - January 27th🎙
Rug Radio Town Hall Notes - January 27th🎙
In this week's Town Hall, we hear from our new co-CEO, Loxley, about his background and plans for his new role. Also, Jess gives some updates around creators and rewards.
Rug Radio
January 27, 2023
Intro👋
Here's what we've got in this week's Town Hall
Hear from Loxley, our new co-CEO
Rewards and creator updates from Jess
Prop House Proposal passed
Team & Content Updates✍️
Updates from Loxley
Background
Built a small personal brand off the nickname, reference to Robin of Loxley
Entire career has been focused on democratizing knowledge, opportunity, and therefore wealth
Worked in micro-financing and the crowdsourcing of equity via Regulation Crowdfunding, an SEC regulation that allows non-accredited investors invest in Pre-IPO companies
When I originally saw Farokh building Rug Radio as a decentralized media organization to give people the ability to build their own platforms, I immediately connected with the mission as it was exactly what I've been doing for the past 15 years in the aspect of democratizing opportunity.
What does co-CEO mean?
Farokh is the magnet and has the ability to congregate people and act as the spokesperson for the brand
Loxley is the operator who has experience with business development and financial strategy
Combining the experience and strengths of two people to build Rug Radio into a globally known company
While something on the surface might appear dilutive or a distraction, be well aware nothing that we have planned hasn't been meticulously combed through and thought about from multiple perspectives in order to add value and encourage more participation within the entire ecosystem. The goal is to be global and ubiquitous...Rug Radio should and will be everywhere.
Creator & Rewards Updates from Jess
Rewards
Over 1000 members and an increase in Twitter reach by almost 20% over the last month
Launched bounties which resulted in 80K views on a single post
Launched Listen-to-earn on the GM Web3 show
Finalized the Rewards Store plan and some of the first rewards NFTs which will be going live after our PFP mint
Creators
Continuing to refine the database management system, improved automations and integration with website by moving to Airtable
Developed the payments, stats/analytics, and tiers data system
Creator Tiers
Outlined the Tier 1 Creator Education program curriculum
Onboarded 14 shows to Tier 4
Worked out Tier 5 management plan with Farokh
Worked with Alex to develop the blog process and flow for creators to publish on the website
Creators will be able to claim $RUG that has accrued from their host pass soon
Community Updates from JC
Excitement for Royalty Rewards Program
Excitement around New Co-CEO announcement with Loxley
Organized the Mic Check NFT claim which had 6,950 mints and is now available on secondary
Farokh was on a space with Binance NFT talking about building Rug Radio
Decrypt article about Rug Radio.
Created a Giphy account with Linetrash to start building out Rug Radio gifs and memes
Working on DAO related community efforts fixing Syndicate issues, implementing a polling system, anonymous voting
Newsletter Updates from Ryguy
Set up an easier link (rug.fm/newsletter) that points to our company blog and newsletter
Approaching 5,000 subscribers at an average 50% open rate
Loxley's announcement was featured in several newsletters including Nifty Portal's Daily Digest and ZenDaily by ZenAcademy
Since launching a few weeks ago, the Wiki has gotten a few thousand views and has ALL the info about Rug Radio that is updated weekly
DAO & Governance🏛
The Prop House proposal passed and the DAO council is now finalizing everything to get the first funding round going!
Special Shoutout to Mike Kriak, one our strategic advisors, who is now the CEO of ConsenSys Mesh🔥