Artwork for podcast Ocean Missions Campfire
DAOs & The Web3 Ocean Podcast: Saswat Sahu
Episode 109th June 2022 • Ocean Missions Campfire • Scott Milat
00:00:00 00:38:28

Share Episode


Saswat Sahu is the host of the Web3 Ocean podcast.

We both discuss our journeys into Web3 and Ocean Protocol, we talk about the current and future states of DAOs and what you can expect to hear on Saswat’s new podcast.



Thanks to the Ocean Protocol Ambassador's Programme for Sponsoring this podcast. Learn more about the programme here:


Saswat: [:

And I also started a recent Web3 podcasts it's called as the Web3 ocean podcast. So Scott, hello there. What's up?

Scott: Hey, how's it going? ~Um, ~yeah. Lovely to connect with you. And,~ uh,~ we'll also have a very interesting I'm sure conversation with you about all things,~ uh, ~with three and crypto and wherever else the conversation takes us.

Bahrain, you have an amazing [:

So if you had to sum up in like two or three sentences, how would you talk about.

Scott: Yeah. So I grew up in,~ uh,~ New Zealand spent the majority of my life there,~ um,~ began my professional career in advertising. ~Um, ~with corporate clients,~ uh,~ got involved with startups,~ um,~ got involved in developing mobile apps for commercial clients,~ um,~ and then fell in love with a Bahraini and moved to Bahrain,~ um,~ which is where I now live.

Saswat: Yeah, that there's a personal angle to that, but yeah, later on that, on that, isn't it. So now what really inspired you to get involved in the ocean ecosystem? Just not to Ocean DAO, but also, you know, engaging with a lot of other fellow ocean ambassador.

ckchain technology and around:

And then obviously [:

And it's, it's also where I first heard,~ uh,~ Trent talking about ocean. And actually prior to that, I think he was talking about big chain DB. So anyway, I had kind of a. Aware of Trent,~ uh,~ and the work that he was doing. And I just, you know, there's so many such a broad array of projects inside of this ecosystem from, you know, blatant scams to, to,~ um,~ you know, just some really foundational and quite interesting,~ um,~ new.

t, but then also in terms of [:

Kind of ethics and values, but, so that really is what attracted me to oceans initially, really. And then, then I did a, more of a deep dive to try and understand what was actually going on and, and, and, and the tasks that they were essentially taking on. And yeah, one thing led to another and I found my. You know, and the discord,~ um,~ and, and meeting with a few different people and, and, you know, connected with some, some interesting characters and, and sort of saw that there was some, some really interesting stuff happening that ecosystem was still relatively new.

last year,~ uh,~ and it was [:

And so,~ um,~ Yeah, it was starting to look at what options existed in terms of ideally, you know, staying in, in Bahrain. ~Um, ~for those who don't know,~ uh,~ Dubai or Dubay is,~ uh,~ very close by. ~Um, ~and there's a lot of interesting stuff happening there, but,~ uh,~ we moved halfway around the world. Closer to,~ uh,~ my wife's friends and family.

So then to, to subsequently move, you know, another 40 minute flight away from there kind of didn't make sense. So yeah, I got more involved with ocean and,~ um,~ yeah, basically the wrist,~ uh,~ the wrist is they say is history slash is uploaded to the internet because all the work I've been doing has been now published there.

Saswat: Good stuff. Good stuff. So that's an exciting journey, to be honest. I mean, I'm almost like four or five years. You have been swimming in the ocean of crypto or more than that to be.

Scott: Yeah, [:

~Um, ~incentivizing and coordinating humans. And when you kind of look at,~ um,~ the macro scale of things, how we're becoming, you know, more interconnected and,~ um,~ you know, borders,~ uh,~ becoming in some ways less. ~Um, ~you know, right now you're interviewing me from India, I'm in, I'm in Bahrain and, and,~ um,~ you know, we're both kind of working together on the same thing, essentially.

ort of cared about and found [:

It was just really interesting. Like it just had so much depth. ~Um, ~and, and it, it just sucked me in, honestly, I was fascinated by it. And, and as a result,~ um,~ you know, you go through those, those,~ um,~ those processes of then learning about, you know, Bitcoin and Ethereum, and then, you know, all of the other things that came out and then it just kind of gets to a point where it's too hard to actually keep up with everything that's going on.

of become that. And the data [:

~Um, ~but yeah, it's sort of, to me, And what they're doing feels similar to,~ um,~ you know, how things have been previously,~ um,~ with regards to sort of crypto Bitcoin, Ethereum, and, and so on. And, and,~ um,~ I do think that, that we are at the beginning of something that is going to become. You know, it may not completely take over the world or whatever, but,~ um,~ I do think it will become reasonably significant.

~Um, ~and whether that happens, you know, this year or in a couple of years, I really don't know. ~Um, ~but I do think that there's enough,~ uh,~ of a sort of fundamental,~ um,~ kind of foundation there,~ uh,~ such that it's good. I'm going to have a, definitely an impact in some way, shape or form. ~Um, ~so looking forward to seeing what that is and how it involves,

~my exposure to Dow has been [:

Right after the pandemic, there was a digital exploration. So a lot of, you know, SAS companies, it companies really took off even in the midst of now the global pandemic, because the usage of digital tools and applications was really high. And that actually led to people accepting, you know, community is digital platforms using WhatsApp, telegrams.

discord, et cetera. You know, if the pandemic wasn't there, people would not have been stuck in their apartments or in their residences are in their homes. And they would not have used all these digital tools. Right. But because of the pandemic, this really got accelerated people who did not know about these tools and applications, they started learning about it.

y took off and that led to a [:

It doesn't matter if you are in middle east, or if you want it in Asia or in Mexico or in somewhere in Latin America or not the American. ~Uh, ~you know, or even,~ um,~ Oceanea right. So,~ um,~ now you could be,~ um,~ anonymous as valid. You do not have a, do not need to have a. At all given point in time, you can just, you know, move around as long as you do your job and you have a web three name, you have a wallet address, still a bunch of jobs get done.

m, uh, ~of the world. So, so [:

On a digital plan. So that is a good part of it. Now, Thomas was where a lot of processes were getting any of this automated and there was a sheer need of all these processes, where there was a to, and fro email chains going on and really leaning on two synchronous congregation, you know, who just really putting off people and led to this autonomous work as well.

So there, there were a lot of autonomous processes that were really creative. ~Uh, ~really thought out very well. And this really converged into creating a DAO. So decentralization, autonomous,~ um,~ you know, creation of processes. And the current times that we are in like 20, 20 and beyond where the majority of the digital working population were stuck in their apartments because of a global pandemic converse, these teams can work.

And now [:

evolution of DAO could be in:

Eventually DAO [:

So the current DAO that we are currently operating in and understanding will really take,~ uh,~ you know, tectonics shift. Yeah. Yeah, definitely.

Scott: Definitely with the, um,~ um,~ the hacker house that you went to, what was the sort of average age,~ um,~ and then demographic that was there

. [:

The spectrum is totally wide, right? I mean, if you'll find a lot of mature VCs, Guest speakers. They would be on the higher spectrum. Let's say, you know, beyond 30, 30, 5, 40, et cetera. And a lot of,~ uh,~ volunteers, organizers, organizers are just getting started. So they would be on the other side of the spectrum.

There'd be somewhere around like 17, 18 to 21, 22, but the bulk of the people would be somewhere around 22 to 28, 29. That's my. Yeah.

Scott: I mean, that's pretty interesting in terms of just a concept, right? Like if you're starting out,~ um,~ your professional career and there's, you know, this really interesting new way of operating, that kind of makes sense to you.

ish my barrier was that, uh, [:

Be interesting to

Saswat: know. Yeah, I think,~ um, uh, ~this is a very interesting insight that I got yesterday as well, while I was moving on the lens of these hacker dense they're like five or six,~ um,~ you know,~ uh,~ chairs with,~ uh,~ terminals and a dev. Dave rales who are working on their particular tools. Let's say, you know, if it's on the Ethereum chain, its solidarity, if it's on Solana, then it's like rust and people all discussing about the projects that they could build on this particular chains.

e from different backgrounds [:

So I think,~ um,~ I think DAO 2.0 or let's say would have its origin from these hacker houses as well. ~Uh, ~you know, digital communities are good, but hacker houses gives you that. In-person IRL communities as well. You meet a person, you really vibe with the person you connect with the person, then you get onboarded onto a slack channel or a discord channel.

Right? So, so the strength of the Dows really have this, this different vibe. If you have already connected with the majority of your community members early on through this hacker house.

Scott: Yeah. And,~ um,~ you know, if you were to think about,~ um,~ you know, Solana, for example, being an employer,~ um,~ but obviously they're not because it's, you know, more or less,~ uh,~ an open source project.

ate office in a, in a, in a, [:

Saswat: You're right. You're right. Actually they don't, I mean, quite a lot of these projects and chains. I don't think they have a corporate office.

It could be a digital. ~Uh, ~corporate discord channel. Yeah. So majority of the folks are distributed, which means that,~ um,~ they're just connected via digital nodes. People, you know, check in and check out via discard or maybe emails and they are just working out of anywhere. It could be their home home base, or it could, they could be traveling somewhere as long as they add value to the project, to the DAO.

They should be good to go. So. I think this is definitely the future of work this well, this I'm mean Web3 DAOs are really at the, are at the edge of the, of the evolving emerging technologies. Right? So, so the of the technologies or web two companies will usually follow suit in the coming year. Yeah.

cott: Yeah. It's going to be [:

Saswat: Great question. I'm a Scott so,~ uh,~ I come from a strategy consulting background and my initial days after my,~ um,~ engineering and MBA curriculum, I started traveling in different geographies.

I was based out of APAC for a good amount of time in my early days that have to move to UK for a couple of years,~ uh,~ working on,~ uh,~ on multiple it consulting strategy consulting projects with amazing clients. And for the last four to five years, I've been moving or swimming in the startup ecosystem. Right. So looking into trends, looking into projects, that seemed interesting. And for the last. Three years just before the pandemic, I was consulting to a bunch of SAS companies.

s model. Right? I mean, many [:

I was part of an accelerator or a body called us NASSCOM in India. And that was like an overarching body for a lot of it product companies as well. And,~ um,~ I was there for like one week. For years during the pandemic. And that was the time where I really communicated and engage with a lot of deep tech startups, AI startups, as well as SAS tech startups.

ast really took off. ~Uh, ~I [:

I said, Hey, why not? Now that was my really starting point to really understand DAOs how DAO mechanism works. I think the founders of coordinator were also there in the programming.

They had come in, they explained, you know, how do you actually do. Governance board. How do you have your compensation board? You know, how do you actually, you know, build your community ground up. And that really excited me and brought me to the crypto realm, right?

a good amount of time in, or [:

So, one thing that I realized is that, Hey, you got to have a very. ~Uh, ~not like a vision mission, but objective in mind. Right. So I love the SAS ecosystem. So I thought anything that needed to do with data, anything that needed to do with,~ uh,~ you know,~ uh,~ API APIs exchange of information. Was my forte. I love that space, right?

Whether that's a startup in that space, whether that was a business model in that space or whether that was any exciting, that three projects in that space. So that led me do, let's say five or $10. Right? ~Uh, ~ocean protocol was one of them. I got into all the discord servers of these DAOs. And then I started having, you know, the GMs DMS as well as the nice,~ uh,~ introductory conversations with,~ uh,~ a lot of their fellow Dom members.

embers, you get a fair sense [:

Stronger relationships with the veils of the Dow or with the decision-makers of the dowel and as well. Right. So there's a waiting lag or a waiting period. So I realized that, Hey, ocean Dow is at the right, right. ~Uh, ~intersection of all my checkpoints, where it was around the data stack and the data layer where the early members of the ocean protocol have.

mit a proposal as well, to a [:

Right? So, because I had come from a little bit of SAS background consulting background,~ uh,~ audio podcasting background, I said, Hey, why not combine all the skills? And eventually send a proposal to ocean Dow and let's see what happens.

And that's why the idea of the Web3 Ocean podcast started off. And the good part is I just recorded my first seasons, first episode with the founder of ocean protocol, Bruce Pon and,~ uh,~ yeah, it's due for release in the next week.

So I'm quite excited and that's my, and then our child DAO, DAO's journey.

Scott: Amazing. And can you tell us a little bit more about,~ uh,~ the ocean with three podcasts?

I strongly believe that the [:

htly told me that,~ uh,~ post:

s and the global economy P in:

ommunities really took off in:

bonded with people. But after:

data because. Now I'm in, we [:

So these four elements really felt like the futuristic trends that will really convert and beautiful things will really cop out of it. So I thought, Hey, why not combine all of these for bringing all this? The best of the talent and the people that have been conversing in these ecosystem and package it as a podcast.

Scott: Amazing. ~Um, ~and you're starting it off with a bang with an interview with,~ uh,~ Bruce, how did the conversation with.

Saswat: It was very nice to be honest. ~Um, uh, ~I didn't know that he was in the U S so I just had a, you know, the candid banter with him, understanding his background, getting myself introduced.

th them on a personal level. [:

You really connect with that human being. So I had some beautiful questions from the community that I had already had. By collecting information, having conversations with a lot of community members. But besides that, I actually dabbled with a few ideas that I had for the community in general or for ocean protocol as well.

So I exchanged those ideas with him and he was very receptive. He was very acknowledging of the fact that, Hey, I love these ideas and use. Got to give me father for my blog posts as well. So that was a very nice,~ um,~ a man to man conversation. And,~ um,~ I am really,~ um, uh, ~an, a mod by his vision and,~ um,~ possibly, possibly, I'm also very gung-ho about,~ um, uh, ~you know, ocean protocols, project,~ uh,~ tragic tree.

ld lotion tokens. So, so, so [:

And sometimes the worldview is primarily defined by your three or forties, which is like environment that you are currently in experience that you've had in your life and the education background that you come from and the energy that you actually spread in the world. So these four, three or four years really shape your worldview.

Scott: And,~ um,~ these four, is that something you've just come up with now? Or is this a well-known fact

h no, so-so the discotheque. [:

So we,~ uh,~ package things into like three , five DS, things like that. Right.

Good gut. I like it. Awesome. ~Um, ~well,

ng to be? ~Uh, ~by the end of:

Saswat: Wow. As a, as a new. ~Um, uh, ~you know, a new member of,~ um, uh, ~ocean ambassador program. My thoughts are, first of all, I'll contribute to the community, right?

my skillset and just pouring [:

Right. And after that,~ uh,~ maybe, you know, deliberating or debating or discussion or, or,~ um,~ you know, thinking it together. As our ambassadors and seeing where, where this Dow needs to go towards as well, because we all will benefit our, we all will contribute to this tower. Dow could not be possible with the contribution or with the thought process of only one community member.

Right. It has to be a very collective effort. So my thought is to make this community much more stronger and more so to work on the community,~ um,~ engineering. Meaning that,~ uh,~ something that I was just discussing with Bruce is that how do we make every node of the community way stronger so that the, so that the communities density or the intellectual density of the community really.

Right. ~Uh, ~[:

I mean, people who have a very strong worldview as to how the world should function in the coming years as well. People who have the right credentials, who can actually, you know, execute those things that they are, have their worldview around. If those ambassadors are there in our community, then, then the vibe of the community really increases.

ally I see in how this ocean [:

I strongly. I believe that a lot of vet three SAS companies who are experimenting or testing, testing out multiple use cases, we'll definitely try out ocean protocol. ~Uh, ~it's just not,~ uh,~ you know,~ uh,~ consumer or, you know, just not like trading, buying, selling ocean tokens, but more so. On getting onto that ocean marketplace, because, because data is of immense value.

Everyone knows about it. The Web3 folks knows, knows about it. The SAS ecosystem players know about it. So, you know, if both converge, then there's a possibility that there could be amazing projects that will be built on top of it as well. So on that particular fence or boundary is where my interests.

Because I strongly see that there will be a convergence of SAS ecosystem into the web ecosystem via ocean protocol.

Scott: I like it. And it's a [:

Saswat: Yeah. And then,~ um,~ no, we all make sense of all the chaos around us. So,~ uh,~ so,~ uh,~ sometimes on the discord servers, there's all so much of noise. So to actually derive the signal out of the noise, you need to have a very strong plan or strong mental model. Right? I mean, how do you find the signal from, from this cacophony of nice, right?

So, so you need to be very,~ uh, uh, ~laser. In terms of picking the right, right signals,~ uh,~ from the right conversations and then stitch it together so that you have a beautiful necklace. So all the signals are just beads. You just make a necklace out of it and then, then you use it or gifted or keep it with you, which could be of a common good.

m very excited to see,~ uh,~ [:

I'm just, uh,~ uh,~ so,~ uh,~ very much looking forward to learning and growing with you on this journey.

Saswat: Absolutely Scott and diamonds are looking forward to, you know, now learn from you and contribute to your journey,~ um,~ as a, as a podcast or just not in the, in the distal ecosystem, but also especially in the crypto ecosystem because crypto or blockchain podcasts are a subset of the huge podcasting canvas.

hat Oscar is,~ uh,~ building [:

Which is value for value. So,~ uh,~ in, in the web to podcasting landscape like Spotify, or let's say like,~ uh,~ Google podcast or Amazon podcast, or let's say apple podcasts, right? These are, these are very web two specific,~ uh,~ podcasting platforms. And, and, and quite a lot of people are even very new to this.

Right. So talk about vet three podcasting platforms like fountain. ~Uh, ~where you can actually publish a podcast, but also you can actually,~ um,~ the, you know, distribute your,~ um, uh, ~SATs or Satoshi is with your guests, with your community members. And then everyone,~ uh,~ gets value out of it. The listener also gets value out of it.

The listener can also contribute to you if they are on the lightning network. And,~ um,~ it's a very good,~ uh,~ natural evolution of podcasting. 1.0 is what I would say.

to checking it out, learning [:

Saswat: And,~ uh,~ yeah, looking forward to connect with all the other fellow ocean ambassadors and learn from them and exchange ideas and see how we can co-create things and how we can make our ocean Dow better. So that, so that we all reap the benefit and also also have a good time hanging out with each other.

Yeah, definitely

Scott: bring on the ocean hacker house.

Saswat: Good idea. Actually, that's a good idea. It's proposal.

We should have a horse ocean hacker house as well. Right? Digital ocean hacker house.

Yeah. This is the, this is actually the launch

Scott: of the ocean heck

idea. In Orlando, you know, [:


Scott: yeah.

Cool. Hey, thank you so much for,~ um,~ taking the time to, to have a conversation and,~ um,~ yeah, it was great to learn more about you and looking forward to, to listening to episode one and the subsequent episodes to, it sounds,~ uh,~ sounds like it's going to be pretty well.

Saswat: Yeah, thanks for all the support as well, Scott,