FLARE / HEDERA Twitter Spaces hosted by King Solomon & Genfinity (Part 1)

On this space hosted by King Solomon and Genfinity, leaders from the Flare community and Hedera ecosystem come together to speak about ways to break the silos between networks.

Transcription

‍Genfinity - King Solomon – Founder & CEO
‍Right, so we'll get started. First and foremost, thank you all for joining. We try to do these spaces in a really agnostic way and get multiple ecosystems in on a weekly basis. I certainly want to thank Serenity Shield, one of our featured projects. I want to thank Hedera for sponsoring the lighthouse report, and want to thank HashPack, who we are collaborating and partnering with for the Hedera ecosystem interviews that we're doing. But again, we're really trying to do cross-chain synergy type aspects. I'll start and kick it off because I know Bit Boy, you're probably busy, but I saw yesterday you did an interview with Leemon Baird in the Hedera ecosystem. How did the interview go?

Bit Boy Crypto – Brian Armstrong
‍It went really well. I was very impressed. We talked a little bit before we went on air and there was a lot of interesting stuff. It's very interesting to hear his perspective on the council and how it relates to what Libra is doing now. Now Diem of course, I had forgotten that Hedera had accused Facebook of stealing their governance council, which is pretty interesting. But overall, we're looking for projects over this next bull run that are going to do really well, not just because people talk about them, but because things are being built upon them. I'm not really a guy who's 100% sold on the utility is everything right now because I still don't think we're there yet, but utility is something, definitely having games built on top of Hedera, as well as having a strong community, good governance and keeping their heads down and building during this time is going to build well. I mean, look, you're looking at Solana, which has been cleared out of the way at this point. Solana is no longer a threat. A lot of people recognize that the tech behind Solana is super weak. The reason why it did very well is because it was so centralized. So when you look at a lot of these other potential competitors to Ethereum, you look at Hedera, Algorand, ICP, Cardano, and XRPL to some extent. I think once some more smart contract stuff gets built in, it'll be a little bit better. But overall, I think Hedera is right there to compete with everybody, and I like the way they do real-world stuff. They've got partnerships with a lot of companies. I don't know if you guys have seen the Avalanche partnership with Amazon. This is more one of those rent-a-space partnerships where they rented space from a company and said they were partnered, so I don't think that Amazon Avalanche partnership is really that strong.

Genfinity - King Solomon – Founder & CEO
‍Whereas, you know, AWS thing too, I mean how like Ripple on the XRPL or AWS, there's so many AWS partners out there. I don't know, I thought that was more of a let's pull for engagement. I don't know if you saw, but today there was a guy that I guess is supposedly big on Tik Tok named Blockchain Boy. I don't know if there's any relation there, but he was like he was basically like slowly people were starting to realize nobody legit wants to build on Hedera and it's so acidic to see statements.

Bit Boy Crypto – Brian Armstrong
‍He's an engagement troll, that's all that he is. Yeah, he talked about projects, he's one of the worst people in the whole space, there's no question about it. So for people to no one listens to anything he has to say, he got big on Tik Tok years and years ago, nobody pays attention to what he does now, so he's always looking to troll. I think he trolled Cardano before, he definitely has controlled XRP, he's trolling Hedera, he basically trolls anybody that Mason likes. I don't know if you guys know, but he has a big rival on Tik Tok is Crypto Mason, so Mason likes Hedera, whatever Mason likes, Blockchain Boy comes out and tries to steal his clout.

Genfinity - King Solomon – Founder & CEO
‍So one of the cool things that we did see Ben on Hedera going live while there was testing going live in November and I'm gonna after the after I mention this, I kind of want to move through the panelists and just do a kind of meet and greet with everybody. Sure, and kind of ask some questions, but in November we saw testing going live, which we thought it was Atma.io which is through Avery Dennison and Avery Dennison Connected Product Cloud, which essentially is like RFID tagging, and there's a really cool site, I think it May, you probably know what this is, I think it's Real TPS, that actually shows real transactions that are really occurring per second on these different networks, and Hedera is kind of running the gamut right now because they haven't officially announced it, but I'm pretty sure Atma.io is actually live and 562 transactions per second occurring in real time, Solana's at 447, Stellar's at 129, kind of run down the rabbit hole there, but pretty cool to see some real enterprise adoption going on, and thanks Ben for joining today. I'm really interested for all these projects across multiple ecosystems to kind of get some of the engagement that we all know that you draw in this space. So, always appreciative when you hop on and are willing to talk to us, especially with Flare Community here as well. I don't know if Mickey's here or if Mickey's coming in, but want to get him up, but Flare Community is one of the 100% OGs as far as doing real research, providing real content based on all of the proposals and all of the updates within Flare. I have a ton of questions, but again I want to move through the panel. But Flare Community, welcome up. I want to ask, there's so many questions about Flare right now, but for people that aren't aware, can you maybe give just a brief breakdown of what the Flare network is, and where we're at right now with the token distribution event, and there's a pretty big vote coming up as far as wrapping is concerned by tomorrow, and then I think the vote the deadline is like the 28th, but maybe give a background about yourself. I think this is like the second time we've had you on a space. It's always great to have you up here and this is a really important week for Flare as well.

Flare Community
‍So, yeah first and foremost, thanks a lot for inviting me and creating these spaces. I think it's great to have a wide range of people so you get a rich discussion rather than just being in an echo chamber of a single community. So, thanks for that. But yeah, my name is John, I'm running the Flair Community Twitter and YouTube account, and basically just covering everything that's related to the Songbird Network and the Flare Network. So Songbird is the Canary Network, similar to or comparable to a test network, but it actually has some value on the Flare Network, which is probably in the spotlight right now. And yeah, it's basically quite an interesting network. It has some novel protocols, it has a built-in Oracle, similar to Chainlink, outputting decentralized price feeds for use on the network and for use for other networks if they want to use it. And it sort of has this tagline and the ambition to connect everything. So, to summarize it in a couple of brief sentences, it would be to have the ambition to allow data from external networks, whether that's different blockchains or maybe just real-world information, to be brought onto the network and used within all of the applications. They've got some really interesting things going on with Layer Cake, which is again sort of bridging and the same with the State Connector. But yeah, it's an EVM-compatible network, super fast, super scalable, and they're just looking at building bridges in a way that we haven't actually seen yet. Bridges are normally quite an easy attack vector. You see a lot of exploits on these chains coming from that weak point with bridges. And Flare is really trying to do something a little bit different, they're doing something that's never been done before: fully insured bridges, which I think is pretty exciting.

Genfinity - King Solomon – Founder & CEO
‍And I think one of the things with Flare is really kind of when we talk about interoperability at scale in this space, which we certainly know that we have to get towards, I think that that is really the real value proposition that Flare is going to offer over time. So, right now, what we're seeing is kind of this debate, and I certainly will not propose that I am the most informed person in the world when it comes to Flare, that's why I try to get people that are actually paying attention to really shine a light on what this debate is about right now in the space because I think you see a lot of like heavy-handed accounts just really putting out their opinion and trying to force knowledge down people's well. I don't even know if it's knowledge, force opinions down people's throats. I listen to Mickey B fresh, he put out like 14 he put, he did actually, If he doesn't even join, you guys can always go to Mickey be fresh with Twitter at Mr freshtime and check out the recorded space that he did. But he had like 14 minutes on his website yesterday and really I think it comes down to what's better for the network. Is you know real participation in the network better than the proposed model that was currently out there? Can you give us a quick rundown on that and I would love for you to extrapolate out on it as we move through the panel and introductions, but maybe just a quick brief like a couple minute rundown what is being proposed right now and what this vote really represents for network growth over top of like oh my God I'm not getting what I was promised X Y and Z even though it was free,

Flare Community
‍Yeah you know it's really perplexing for me this this votes and how many people are sort of some people are saying that they don't really support it which is you know completely fine but I always point people to the actual proposal which contains all the information before actually making an a decision right but generally what the main I think one of the biggest advantages is you know the Flare token it's being distributed over a period of three years right 15 initially which happened just over a week ago and then the remaining 85 percent is going to be distributed to the eligible accounts and a lot of people held xrp and that's what the snapshot was based on they held it on exchanges right and this means that you know they're gonna have to be reliant on the exchanges for the next 36 months to receive and then distribute flr to their user base right so I think that's one of the biggest benefits that this this proposal changes in the sense that the voting of the distribution mechanism is going to go from not based on the xrp snapshot which had which happened in 2020 but it's going to be based on those that hold wflr which is the wrapped version of a flair right and that's going to have so many different positive effects for the network right so it's going to entice more people from other communities to come into the network because at the minute I'd argue you know 95 plus percent are xrp holders they've received the airdrop exclusively but with this idea of having a distribution model which is transferable you're going to get other communities who weren't necessarily lucky enough to hold xrp in 2020 right it's going to encourage a lot of people to come in and start participating which I think is great but that's not just the only thing about the proposal it actually has many different changes and one of them is to do with a reduction in inflation so there is a 10 inflation at the minute and that's basically new tokens that get rewards for delegating but it tapers the inflation to a point where it's much more sustainable I mean under the current model the distribution model at the minute it's actually on an exponential curve right so there's always going to be more flr in circulation every single year at an increasing rate but with this new proposal one of the changes is to reduce the inflation as well and it will actually taper the other way where it will eventually trend towards downwards until it effectively becomes negligible so yeah there are a lot of people who oppose it but I think a lot of these people are either new to the community or they don't really fully understand the proposal, the only negative is for the people who intend to sell every single week without participating. It sort of prevents this idea where Jed McCaleb was doing, selling every day for a long period of time with XRP and it just creates tremendous down pressure. It's sort of disincentivizes people to do that. It's good if you want to participate in the network but if you just plan to sell, then maybe the proposal is not that good for you.

Genfinity - King Solomon – Founder & CEO
‍No, thank you so much, dude, I appreciate it. That's potentially 36 months of selling, depending on which way the vote goes. It's obviously a vote, so anybody's up in the air for how they actually want to vote, yes or no. But that is correct, it's 36 months, right? What we could be looking at.

Flare Community
‍Yeah, it's 36 months either way. The distribution 85 over 36 months. But if the proposal doesn't pass, then people without any interest in the network, who are eligible to sell, wouldn't affect the future distributions. That's pretty much it.

Genfinity - King Solomon – Founder & CEO
‍I definitely want to introduce BPM Wallet. I had the opportunity to talk to these guys yesterday. XRPL Wave 4, Max Grant allocation of 200,000, which is extremely massive. Building out the future of event smart ticketing. If you go to BPM's website right now, they are really focused on adoption and adoption-focused event ticketing platform designed to streamline ticketing, increase security, and fix the problems that plague the industry worldwide right now. They also have a reveler NFT aspect. They are doing. I want you guys to maybe give us a couple-minute overview about what you guys are building and then hang out with us. I was trying to make contacts and you know Patches in the Hedera Community too has tons of thoughts around the ticketing aspect and might be a really good contact for you guys down the line. They just launched their liftoff metaverse with patches and the CZ and the hedera community, so always trying to create that Synergy. But what's up to the BPM team? How are you guys doing today?

BPM Wallet
‍Hello, King Solomon. I'm doing good. I'm Care, obviously the community lead over at BPM Wallet, but doing great. Thank you yourself.

Genfinity - King Solomon – Founder & CEO
‍Living the dream man. So yeah, give us a couple minutes. Give us a couple-minute overview while we kind of run through the panel spots here. We always open up the conversation near the end and really trying to get as many eyes on as many different projects and ecosystems as possible. So I want you guys to tell the community what you guys are really trying to build here. What you're building.

‍BPM Wallet
‍Thank you. Thank you. So yeah, hi, everyone. As I said, I'm Care, the community lead over at BPM Wallet. I again just want to thank you, Generation Infinity, and King Solomon for and hosting us on this space today and just giving us an opportunity to share our vision, you know with a wider audience. And I know a lot of people here maybe haven't heard about it yet, but as a project we've actually been in this space since April last year and you know things are going really well for us and we're a huge development project we have global commercial scale outside of the crypto space so there's still a long readable for us and we feel like we haven't even you know scratched the surface yet of what we believe to be our true potential. And as King Solomon said, we've also just been recognized by Ripple and xrpl grants as part of their Wave 4 grants program which we won the Maximum Grant of and two hundred thousand dollars so as you can imagine this will certainly help speed up our development. So know what you're thinking, King Solomon did give us a good introduction, but what is BPM wallet so here BPM wallet we are building an nft technical platform on the xrpl but we are building it with a Twist and in which we will harness the power of web3 to enhance the experience for you know artists events and most importantly fans. And we'll do this by eradicating the main problems within the Live Events ticketing industry and those problems are you know ticket scalping, touting as we call it in the UK the latest figures actually suggest that 40% of tickets and bought in the secondary market alone, you know the primary Market alone are purchased by bots on behalf of scalpers who then profit on the secondary Market which is just a massive massive number and there's also a massive fraud in scams problem with counterfeit tickets and scammers are even selling non-existent tickets and duplicates and so I'm sure you've all had it if you've been out in the last year you've experienced something like that it is a massive problem and another problem that's overlooked is also event security so events have you know little to no idea who's actually in attendance or who will be attending the event with lots of tickets exchanging hands in the Secondary Market multiple times and as I said 40% of tickets in the primary markets and being bought by bots this leads to a huge security flock so how will we eradicate all of these problems that's the million dollar question at the end of the day, first all of our tickets sold on the secondary Marketplace will be capped at face value so buy types you know no more no more scalpers second all tickets will be tokenized which will not only guarantee they are authentic but also allow us to make transferring of tickets simultaneous thus preventing scams and third all of then attendees will be required to download the BPM Wallet app to hold their tickets to then gain access to these events so event promoters will know exactly who's attending their events and via verified user accounts even if the tickets change hands multiple times in the secondary market. So there's so much more to learn about the project, trust me, that's not all of it. There's so much more and that's all I could fit into a couple minutes to get the room flowing again. But if you like what you hear, please give us a follow on Twitter, link tree in the bio, visit our website, got all the information that we possibly need on there, and their product deck. Thanks again for having us, I'm going to be here for the rest of the Space. I'm sure there's a massive amount of speakers here, I'm honored to be among them. So yeah, let's see what we can do.

Genfinity - King Solomon – Founder & CEO
‍Thank you, thank you guys so much. Yeah, we're definitely going to come back to you guys when we kind of have the open chat section. I do have an unexpected guest today, Hashport. If you guys aren't aware, we talk interoperability and we talk kind of bridging value, that's essentially what Hashport has been doing between the Hedera and the ethereum ecosystems, as well as I'm sure there's multiple plans in the near future. I'm not sure if we have Jesse or who we have up here from Hashport right now, but give us maybe a few minutes about what you guys are doing in the ecosystem and how integral you guys have been within the space because it's been pretty amazing to watch you guys.

Hashport – Jesse Whiteside – Director of Business Development
‍Yeah, thanks King Solomon and thanks Generation Infinity for having us. It is Jesse. I'm the Director of Business Development for Hashport. We are an interoperability solution that is connecting the Hedera public network with the broader DLT space. Right now we're currently connecting to ethereum, polygon, Avalanche, and BNB chain. Moving forward we will likely be connecting to many more networks as things progress. And really, as a platform that is responsible for interoperability of users' assets and platforms, we've really sort of taken a somewhat different approach to how we've come to market with the product. I know platform breaches over the last year specifically with interoperability solutions is something in and around two billion dollars, and it's actually one of the most prominent problems in the space in terms of being compromised. So, from the very beginning security has been an extremely important part of the platform. And so in that vein, the way our solution is configured, we actually are leveraging a nine-member validator swarm in much the same way that Hedera has, you know, governing council members. Around 27 governing council members now of world-leading organizations we've sort of taken a similar approach and had a varied group across the web 3 space with respect to validators. Top to bottom, quickly, I won't spend too much time on them, but we have the hbar Foundation as a validator, Polygon, the network itself is actually a validator on the platform, Calaxy, which is a social media platform being created by Spencer Dinwiddie of the Dallas Mavericks, BCW Group, which is a multifaceted digital asset consulting firm, Hex Trust, one of Asia's largest digital asset custodians, World Pay from FIS, who's actually also a Hedera governing council member and sort of one of the first Fortune 250 companies to take on a kind of validated role in this capacity, Stable Node, which is a sister company of MakerDAO and the DAI stablecoin ecosystem, Animoca Brands, obviously no introduction needed, one of the biggest gaming companies in web3, and then Lime Chain, which is a very well-known systems integrator who's helped with all of the technological architecting for Hashport. Between those nine members and also leveraging the Hedera consensus service, basically anytime a user comes to Hashport to transact, any one of those nine members can pick up the transaction and sign it, and then they subsequently turn around and have a supermajority of the remaining validators sign those transactions as well. This is seen before anything occurs on the platform. In this way, we get all of the security and performance properties of the Hedera consensus service, such as 100% finality and fair ordering of transactions every time. This is one of the very unique properties of the Hedera platform, and it's actually one of the only DLTs out there that does complete fair ordering. The list just goes on and on of the things we're leveraging with respect to the Hedera consensus service. But basically, we're minting and burning representative versions of tokens. We're not using dual-sided liquidity pools, so a lot of interoperability breaches have happened where there's been liquidity on both sides of the platforms and we've removed that element for now. There are some very interesting things that are developing in the space with respect to actually not holding any tokens on an interoperability solution at all and just going native to native. But that I think is still some ways out. Things like Circle's cross-chain transfer protocol and things of that nature, I think are where the space is starting to move, as well as different ZK properties, etc. But you know all that to say and I don't want to take up too much time here. We don't have a platform token. We again we really looked at this from the perspective of how do we make the process of a user moving their assets from one side to another as easy and frictionless for them as possible and as secure as possible. We've tried to make it the route to doing that as straightforward and leveraging some of the best in class technology that Hedera offers to be able to do that. So, I'm really excited to be here and would love to take any questions from the community.

Genfinity - King Solomon – Founder & CEO
‍Jesse, I am going to bring up Mickey B fresh for a minute here but I'm posting links up to the top. And as always, like I try to get people with bigger platforms to really try to engage with the Flare ecosystem, the Hedera ecosystem. It was great to see bitboy do an interview with Leemon yesterday, but really kind of digging down into the real community and project builders out there. Ben, I mean I'd love for you guys to get or to get Flair community and Mickey on or to get Hashport on or May on from HashPack because these are the real people making drastic changes within the usability of these ecosystems.

Bit Boy Crypto – Brian Armstrong
‍So, yeah, I think that's good. Definitely, if they want to reach out to me, DM. You know we usually like to have somebody affiliated with the xrp community in on Wednesdays if we can get one. So, I'm about to go to my book tour and be gone for two and a half weeks but then after that we can get some people lined up.

Genfinity - King Solomon – Founder & CEO
‍Yeah, that would be fantastic. Jesse, I'm gonna bring you down for a second here just so I can get through the rest of the panel because there's like I think we have like 10 guests today and it's always insane trying to make sure we get through everybody.

Hashport – Jesse Whiteside – Director of Business Development
‍I know we snuck in. I really appreciate you having me up. Thanks so much.

Genfinity - King Solomon – Founder & CEO
‍Thank you Jesse, you can hang out. I mean I would love to get you back up. I'm gonna get Mickey up here for a second. I definitely want to introduce Enter the Void right now. This is a really interesting project that I'm super looking forward to learning more about. Essentially, what End of the Void is doing is providing a truly agnostic solution across multiple ecosystems for advancing application enablement and custom development of NFT apps across all ecosystems. Like I just said, now they are leveraging a DAG or constellation state channel structure to build out their protocol which is the non-fungible gadget protocol and they also have voyagers as far as the governance aspect which is certainly an NFT aspect so welcome to the panel, guys. I'm very excited to have you all on. I know we have a lot of people interested in what you're building.

Enter the Void
‍Hey everyone, thanks for having me on. I'm happy to be here with everyone, and I've loved the conversation thus far. So, I really appreciate you taking the time to put together the panel and facilitate this awesome conversation about everything happening in the web 3 space. A little bit about myself, my name is Eric Tor and I'm the CEO of Enter the Void. We built our own native protocol, leveraging Constellation's State Channel architecture, called NFTp. It is a logic scaling protocol for advanced NFT application enablement. As a language-agnostic protocol, it can be leveraged by any chain and enables developers across all ecosystems to create custom NFT apps using whatever language they want, while creating a new market for NFTs as SaaS applications. As many of you know, if you're a developer and want to get into web 3, there aren't many options. You either have to learn something like Solidity or Rust, and if you have 10 or 15 years of Python, Java, or JavaScript under your belt, there isn't really a huge doorway for you to get into the NFT space. Our native protocol is a data and behavior standard, which allows people to create these NFT applications using their existing skill set and whatever language or tech stack that they want. The protocol itself can be leveraged by any chain to create an NFT application using what's called a proxy-entangled data type architecture. The huge benefit of us leveraging Constellation's State Channel architecture is that we are able to allow people to create whatever type of on-chain application they want that is completely fee-less, so it doesn't cost the end user anything. At its core, we turn the concept of a static NFT, a static metadata NFT, which is really what the majority of them are at this moment, into a dynamic on-chain software application. So now, all the logic for these custom NFT applications, very much like an application on your phone, can be transferred or configured in whatever custom way you want in any language to accomplish whatever end goal you want. So now, all of the logic for this is both processed and live on-chain, creating a true version of a web 3 NFT application that is also very secure and lightning-fast, which is why we chose Constellation. Users interacting with all the native Void NFT apps will not have to worry about paying any network fees as each transaction is fee-less, creating new opportunities for creators to build custom apps with complex logic. And that's every transaction, state change or processing of the logic is both on-chain and fearless for the end-user. So, what this really does is increase consumer adoption and forms new opportunities for businesses to extend their existing systems into web3. When we talk to a lot of these web 2 businesses that want to enter web3, there certainly is that friction piece that's associated with needing to hold or interact for the token to utilize the blockchain. And while I'm not saying that's a bad model or something, but it definitely, if you're a business and you have a million customers, trying to bring one of your systems into web3 like a huge database that you have that you want to put, let's say, customer identity on a blockchain, that's going to cost you or your users and arm and a leg and it just further increases the friction towards adoption. So, having a truly fearless system that allows people to code, these businesses to create these apps using whatever language or existing tech stack that they have, I mean some of these businesses spend millions of dollars on their tech stack in order to get up and running and now you tell them they have to change all that if they want to move into web3. The beauty of it is if they were to use the void, they wouldn't have to change anything, they wouldn't have to hire any new staff, they can use our native protocol to bring all of that into web3. As far as developers and creators go, you not just the businesses, developers will be able to create what are called data types, which is very simply just a custom block of logic which are processed on-chain and validated by our state channel and these data types live in our open-source library where developers have the opportunity to monetize their code in the form of whether it's a royalty or a pay-per-use. So, where I know that's kind of a lot there and if you're new to the void or you're familiar rather then you know exactly what we're talking about, but what we're really doing is we want to elevate the existing nft space if you've been in it for these last couple of years here, you've seen a lot of changes, you've seen a lot of maybe good things, exciting things and also some really terrible things and what we want to do especially during this time when the market is so low and people are struggling and projects are struggling is come forward with a new protocol and solution that will allow creators to do things like create new revenue streams for themselves, you know if you're an nft project, you know the business model. To summarize, we are coming forward with this new protocol on Constellation in order to elevate the existing NFT space while creating a new market of NFTs as SAS applications. We want to make it better and easier for creators and the community to create more opportunities for growth.

Genfinity - King Solomon – Founder & CEO
‍We see tons of synergy with other projects in the space, such as Pie-Fi, Upside Co-op, and Patches, who is building out tools for usability on the Hedera ecosystem through Turtle Moon and HGraph IO. Welcome to the stage, Patches it's a pleasure to have you up here, man.

TurtleMoon Tools – Patches - Founder
‍No worries. I always am impressed by how much you can talk without breathing in. So, I always love the intros, King Solomon. Uh, yeah, this is a great, uh, this is a great space. Thanks to everyone for joining and coming up here and sharing your projects too. It's great learning about cross-chain. My focus right now in the bear is absolutely cross-chain development, understanding how other projects are functioning on other networks. I think anyone who sees the future understands there is not a winning network. There's a patchwork of winning networks that need to work together to build a seamless UX to onboard web 2 and regular users. And so, conversations like these, I think, are paramount to that success happening and coming to fruition. Just yeah, background on me, we've been, uh, you know, me and turtle Moon, I've been building on, Hedera for about a year and a half plus. And our, uh, you know, I did months of research and we decided on hedera because of its underlying technology and its ability to both mass scale but also have predictable fees, have really quick speed that's relatable to web 2 and has an approachable price point for things like 10,000 nfts cost 78 to main always pegged USD. And so, our goal was to create a user experience that allows non-technical users to engage the web3 space, to go around the middleman, and have creators interact with their community directly and benefit instead of the middleman taking 80%. And that's kind of the dream of web free for us. So, over that time, we built, um, Turtle Moon. Our first project was Hgraphcraft punks. We put that on Hedera because we know nfts are important and the infrastructure did not exist. So we said, okay, we'll make the first big collection on this network, find the problems and fix them. So, the first problem we found is you can't knit. So, we created open-source tools, Mac, window, Linux, you can download them, desktop applications. You do not need to know how to engineer and you can mass mint on Hedera just by putting in your wallet ID and plugging in some information. Then after that, we realized no one can launch their wins. So, there's tons of people minting can't launch. So, we built a turtle Moon launch pad and we've launched great projects like HVAC punks, dead pixels, hangry barboons. And then from there, we realized that it's impossible really to get data that everyone would expect like how much has, has this project done in volume? It took 18 hours to calculate. So, we built our own company called hgraph IO and it is a mirror node that is much more fast at getting aggregate data at doing complex data queries right from the mirror nodes. And as King Solomon said, our first client was Swrilds Labs or Hedera, and they're using that to get data unseen by the network until our application was created so It's been great working with their team. We're now rolling out the base plate of our platform, totalmoon.io, and we're rolling out use cases, such as the void. What I loved hearing about is definitely something I want to connect with after this. Our focus isn't as verbose as that, but what we want to do is create very simple APIs and SDK mechanisms with hgraph i/o to integrate complex things like token-gated voting and using the hedera consensus service where it's one thousandth of a penny for every record, one to three seconds finality, and utilizing that immutable event data login of metadata to supplement friction points and other networks. As an example, you have a Solana NFT staking platform, Solana goes back in time 30 minutes, all of your data is now off-time. If you would use an hgraph i/o SDK to document staking, we would be over on Hedera consensus service documenting this information and so you would know who has put what, where, and when on your platform even if Solana is down. And then you can still connect a phantom wallet, you can still pay out an assault token or soul NFT, but it brings the functionality, scale, and cost-effectiveness of the Hedera consensus service and allows that to supplement friction points on other blockchains. Again, I don't think Hedera is the only thing that's going to win but I see an opportunity for networks to work together to build out that patchwork that will become the easy user experience that people aren't all imported for. I see Hedera playing a pivotal role in the glue that can fix some of these trilemma problems that blockchains have without having the developers have to learn a new language or go into a different ecosystem completely and move all of their work. Instead, they can easily integrate APIs like our voting API that we just launched a week ago in alpha and that one really well. We're building out a leaderboard gaming metaverse API, reward system API, so the idea is, you know, the functionality that people want in a very simple package, interact with it extremely simplicity. If you stopped using us, all of your data is still on a mainnet. You can still query it externally from our application. But we really take all of the nuts and bolts and just make creators think about what am I building, not how am I going to build it. That's our main focus.

Genfinity - King Solomon – Founder & CEO
‍100%. And hey guys, I never usually like showed that this type of stuff but we have like 330 people in here that are you know, unlike some spaces that we see not paid for bots. So, if you guys want to share the space or if you're interested in this space and care about the content that we're doing, please share it. As well as if you guys have any questions, questions for the panelists up here, feel free to drop some drop some questions down into the chat. We'll try to get to them. I'll ask Sarah and Valor if you guys can keep an eye on that stuff. That'd be fantastic. I want to move to May with HashPack and now we talk about real tools, UX UI solutions kind of a vision for the future is where, as far as usability goes, and I don't want to just stick totally to Hedera here, but I mean, HashPack is a behemoth in the Hedera ecosystem. Super proud to say that we've been nailing out tons of interviews. May, I'm going to touch on a couple of the things that you guys have facilitated over the past literally a couple of weeks within HashPack. Number one, you guys have facilitated email sign-ups, which kind of, number one, it's the usability aspect, it's the UX and UI to onboarding into these platforms. What does mass adoption really look like? So, email sign-ups has come about, as well as the IOS app, which I know you guys had, kind of, in the long term. And, my what I've kind of gotten from the HashPack team and what you guys are really focused on is breaking barriers down for mass adoption. Yes, it's obviously, you know, crypto wallet aspects, but really making it usable in a way that you might not even know in the future that you're using hbar when you're interacting with HashPack. And I think that that's kind of the way that I see you guys going in the future as we, as everything really scales and gains adoption. So, welcome May, that's a pretty ridiculous interview, kind of like Patrick. Thanks for coming up.

HashPack Wallet – May Chan – Founder & CEO
‍Yeah, uh, not just Hbar, but any crypto, but I'll get into that in a second. Hi everyone, I am the CEO of HashPack wallet, we're the number one wallet on Hedera bar none. We integrate all of the DeFi platforms and a whole bunch of other stuff and nfts and all that jazz. But I just wanted to add on a little bit to Patches little thing there just because I really like this guy and what he's been building. He's been a solid community member. I think that there was a missing opportunity with calling your company patchworks, that just seems really apt. But aside from that, his whole thing with hgraph.io, I, he used a lot of big complicated words because he's a real smart guy, but I'm kind of more of like a dumb business person, so I was able to use hgraph.io to get data without using any code or anything. So, like his thing, if you want to know something about nfts on the network, like you want to know the floor price of a of a of an nft collection you can do that with his solution. So, like it's a really great solution that requires no coding experience and can be integrated into things or you can just fool around with it as a normie. I think it's really cool and he kind of encourages people to check it out if they're interested in data. Just a really cool system. I would tell him that he overcomplicates it, but that's just me. But great guy. On the topic of HashPack and what we've put out since January 1st, I think, on January 2nd we launched email signups. So now instead of logging in with your seed phrase or private key, you can just log in with an email. This sounds weird because we're all about security and stuff in crypto, but actually what we're doing is wrapping up a lot of the cryptography and a lot of the security into a platform called Magiclink. Magiclink is a non-custodial solution that basically stores your keys on the Amazon Key Management Service where it's still non-custodial because Magiclink and HashPack don't have access to your keys, it's only the user that creates the account has access to it. You can read the documentation, it's brilliant. It uses state-of-the-art security stuff to keep your keys safe. But at the same time, if you're a non-technical person, if you're just the Normie that is moving into crypto or web3 and you don't know anything, you can just make an account with an email and start using web3. That is really what we're trying to do in HashPack, build out those rails so that we can get more mainstream adoption. We can get people who are not technical and keep them safe. Right because a lot of the problems with seed phrases and private keys, people who are not technically savvy don't know how to keep custody of their keys. They lose them, they write down 18 out of 24 of their keys and they don't know where they went wrong. It's confusing and it's heartbreaking to see them lose their crypto that way. Now these email things, this email sign-up, and later on maybe even social logins with two-factor authentication, that's going to help make it safer for people. And sure, you won't have custody of your keys in the same way, but for technical people, that option will always be there. You just go into advanced wallet creation and you have that. We also have Ledger compatibility, so you can also make a wallet on the Hedera network with Ledger things like that. So I think moving forward all of these projects like BPM wallet and Enter the Void, you guys are building things that are going to make it easier for people to use crypto and that is where we want to be. We want to make it so that you can download an app and get a ticket and use that ticket and you don't have to worry about seed phrases, gas fees, or anything like that. That is the kind of future that we want to build towards as just like a crypto ecosystem and what I was saying before about how it's not just like Hbar or Ethereum, or Solana or Sol, I guess it would be like all of these cryptocurrencies that are the basis of web3. A person who is just coming into web3 doesn't necessarily know what platform they're using or what platform they should use and I don't think that they should know because what we'll have is an ecosystem of L1s that are doing what they do best. And then the user just kind of logs in and we're already seeing it with multichain wallets where they just log in and they just start doing the things that they want to do. All of these things that we're building as just a general crypto ecosystem are moving towards this and I really think that we're starting to get some momentum here and like 2023 and moving forward to 2024. I think we're going to start seeing some real adoption from mainstream audiences because we're lowering the barriers and keeping people safe at the same time. It's going to be wonderful.

‍Genfinity - King Solomon – Founder & CEO
‍Certainly appreciate it. Man I mean I didn't, I always underestimate the power of these panels and the speakers up here. Like I'm like yeah I can get through the intros in 25 minutes and then by the time I try to like introduce everybody and that's not on anybody, that's just on how much value you guys are really talking about. I'm always like holy crap there's already been an hour that we went on right now. I do want to kind of pivot real quick and I know Mickey you're up here so I definitely want to get into Flair but I've got a couple more people to get through as well. Justin from Serenity Shield, because we talk about real data cus, data storage from a privacy aspect and from a security aspect and I know you guys just rolled out your roadmap which you know you guys told us a little bit about last week and I saw that you guys had just partnered with Jackal as well within the cosmos ecosystem. You guys are certainly kind of forward thinking as far as you know, let's solve real problems and then just make these you know real solutions kind of accessible across multiple ecosystems. Can you give us a little bit of a background about maybe like let's do like three or four minutes like a background like what you guys have, what you guys are building, what you built and kind of what 2023 looks like from Serenity Shield's purview?

Serenity Shield
‍100% and thanks for having us King Solomon, it's always a great time to be here with you guys and talk shop and web3 gets us all excited. We're going crazy in the background on slack about like, oh good point you should hit this and come back to that. So I'm gonna stick to the three to four minutes and I'm gonna start actually in reverse. I will get to what we're doing with our roadmap and Jackal but I actually want to say, May hitting the nail on the head, something that we need in web3 to adopt is the idea that blockchain needs to be boring in order to flourish. Because if it's boring, we don't have distractions of charts going up and down and people getting scammed and the sbfs and ftxs of the world and we can all focus on building really intuitive simple tools for web2 people. To be able to get the benefit that web3 brings and forms of security with that like web 2.5 overview that really will make them feel comfortable and safe using a product such as something that they can store their keys in an AWS or Amazon key management system that they already probably interact with on some level every day without like fully realizing it. So, let's make it boring and let's make it stick. So then, the next thing I actually wanted to hit on was BPM. We love the idea of the wallet that you're creating. Our head of marketing and comms here Nicos is from the fatherland, he's going to yell at me but Scottish and loving it and going crazy in our slack about us working together. So, we would love to get in touch with you after this. But, something that immediately came to mind is the way that our technology works is the called the strong box. It's based on an nft security system and what piqued their interests immediately about your wallet and what you're trying to do with the music scene and everything is that we could be integrated in a system a Wallet such as yours that helps secure people's like nft concert tickets, festival tickets. Working with the Jackal Network, as King Solomon said allows Serenity Shield to store actual data. We can store up to two gigabytes per user that can be audio files, video files, pictures, wills, anything for inheritance, literally anything you want to do. I always tell people our solution is a sandbox to solve problems best if they're boring right because then you can actually look at what will roll out for mass adoption. Mass adoption because most people are afraid of like the flashy tech of crypto and the more boring we can get and I'm always going to hit this, the more boring we can get the better we will be. And the more I think mature people will actually start to see that our industry is rapidly approaching maturity with the more builders and like-minded business people that we do attract that actually care about the tenants of web3. And I'm going to round this out with the shout out with a shout out to Patches and say you hit the nail on the head with the idea that it's not going to be one project, one product or one platform or chain that brings mass adoption. It's going to be the patchwork of everything taking the best of everything, standing on the shoulders of giants and building something good for everybody that's here now and who will be here tomorrow and the days to come. And the whole idea being that if you're in the space building with that at the forefront of your mind, you're also fully honoring the tenants of what web3 should be. And that's going to make us good stewards for this space.

Genfinity - King Solomon – Founder & CEO
‍Foreign thing, you didn't breathe for four minutes. Get out as much from your brain as possible. I will say, I have to ask bit boy, did you see that 3ac is trying to go for like 25 million bucks for the funding and their pitch deck said and they're trying to raise funding for a new exchange called GTX, and their reasoning was because G comes after F.

Bit Boy Crypto – Brian Armstrong
‍Yeah, G comes after everybody got F, is what it sounds like. I mean, I just can't believe that this is even a thing that they're trying to do. You know, there's some speculation that you know this gigantic multi-agency international enforcement action today against crypto was going to be maybe against Suzu or three years capital or something. Of course, it was the biggest nothing burger in the history of crypto today. But yeah, I think anybody that gives these people money are just idiots. Like, if you give three years Capital any of your money, you're the lowest IQ person in the history of the world. So, I the fact that these companies just keep rising up and I think this is the kind of stuff we've got to get out of the space. We have to get these people, these traditional finance people out of the space. This is what they do, they just do the same stuff over and over and over and over again. You know, I'm sure at some point, you know, we're going to see who knows somebody come out of FTX and try to create something new. You know, and Kevin O'Leary will probably give him money and it just it really is a shame. But I think that really the thing is, is like your average retail person is not going to really want to get behind this, it's more of the traditional big money that likes giving money to people that are irresponsible with it and it's just a continuation of the traditional finance system. Like, look if we all went and try to withdraw our money from banks today, it's not there, and everybody knows that it's not a secret. And yet, you know, they're judging everybody judges all the crypto exchanges for doing it, but the banking system is that exact thing, they just print money out of air and they trade derivatives on top of derivatives on top of derivatives and you know, it always leads to just money pumping and people always get burned at the end. So, the three years capital people, they can blame whoever they want to blame. I mean, obviously, Alameda had a big role in and them going down in the unpacking of Luna fpx and Alameda had a hand in every single thing that happened over this year or over the last year when it came to the crypto contagion. It evolved all up in Genesis and dcg and the whole thing. So, you can blame everybody, you can point fingers around everybody else, but if you give money to these people after everything that happened, you got nobody to blame but yourself. You know, you put your fingers right back at yourself. So, I think it's a meme, it's it's really funny for a lot of reasons. I think it's something we can all make fun of on crypto Twitter but what's really sad is that I'm sure people aren't going to give these people money.