DAPPCON 2018: ETHCC Follow Up: the Castle Project - Jerome de Tychey (ConsenSys/Asseth)

Transcript

good day everyone I need to give you a little update about the etherium community castle or as we call it at CC a little background my name is Jerome I'm I do economics I'm also the director for consensus solutions we have a booth over there and I came with two of my colleagues Nicola and angel come and say hi they are pretty good good guys I'm also the president of a nonprofit called assets we have heard about assets you have water as it is so cool as it is very good I'm easy to find on the same media but what's asset anyway we are the oldest blockchain promoting nonprofit in France we are doing a lot

of things of close to 500 members now very good members of assets such as Nicky Rebecca Adrian solid are presenting in this conference and we up to have even more german-french collaboration in the future if you ever come to Paris or in France give us a tour give us give us a call reach out to us on on social media we will be happy to feature you in some of our workshop we do a lot of workshop in France we translate stuff in French and we organize the et ROM community conference and here's some update about the castle so last March we were at a conference called HCC and we discovered something when you click on Google map

and you look for a town called at there is a town called at it's it's very close to Paris it's very close to Brussels it's not that far from London not afar from from from Berlin that far for Madrid and yeah this is a beautiful cutter form of the de ton of ads so looking at a ton of that when you zoom in you find the yeah there is something in the middle of the ton of ads and and looking at this very thing you find a shuttle Det so there is actually a castle in the town of it with moat like you know if things go way Kovac you can just live

there live the bridge and be fine in your castle look against the castle it's it's a pretty cool castle like you have the noise east view you have the sounds you have the pigeon loft this is this is where we we were like you eh we found about this castle and we presented this at HCC so since then we've been there so we took the car and drove to add in front of the castle of the church if you go in the church you'll find this big plate of stone with Los Angeles and then I can draw like so what are the odds you couldn't elevate and you found there they add symbol in the middle but the door was closed so we went to the castle

and we tried to reach out to the studio of the castle but it was unfortunately closed but still we found out more story about the castle more background about the castle come and ask me after distorted be happy to share stuff and we know now would it honor was and we reached out and he responded and now the next step is we gonna have a meeting to to negotiate with him negotiate what he might ask the initial Chateau offering so we we have no idea how much this castle costs like no idea like what roughly an idea but I guess it's not that expensive but it is still costly so what we propose is to have a community castle based on a castle token CSTR the

castle token will be a what would be a token we don't know exactly what the cell cap will be yet we have an instan estimated or the price for the upkeep or refurbishing and stuff and what we propose is that we give the the ownership - assets as its regulated non-profit we are very easy to go on the board to vote for for different action of assets so it's pretty much not really like a Dao and we have a project called do 1901 or you can vote on the blockchain for our our change of board and stuff so here's about the castle so when we propose this you have a token called gstl as a mini-me ESC 20 so if

you don't know what mini-me is it's near C 20 that can reproduce itself so you have multiple instances of the same contract same contract with the same balances so every year the castle token which represent your ownership of a share of the castle reproduce itself into an occupied token so if you have 100 castle token you get 100 occupy token for the year 2018 for example and every year we propose to scale all the different weeks of the Chateau for people to be done so if you want to occupy say the castle in in in July you can vote on some weeks in July you can bid on some become July and so on and of

course we've been in discussion with Newsies to do the - X framework applied on this type of auctioning we also proposed it assets preempt on two weeks of the of the year to organize on at fest so it'll festival about atrium in in the channel vets and here are the open questions so if you like this project coming this this with us how many castle tokens shall we opened be like lots of castle token surely a fixed price what months is fit best functioning de token we don't know probably just gonna experience and see what might work works how long should we some last and so on

so we are really in a phases trying to come up with a good model for it and we open other people will participate and a lot of you will end up spending weeks at the castle and maybe of waiting in the Church of fat or whatever thank you very much oh oh by the way if you have if you have small you can check out our shuttle debt and castle of Earth and there are some files hidden in those kiram name Thanks [Applause]