Thank you. and we are live Aaron how's it going man doing good doing good pumped for the final episode
of the semi-finals here I cannot believe we did it again another season it's almost like just
flying by uh and it's been I think pretty pretty insane uh I love what we've done so far we've
we've had a bunch of projects um and uh we have
the last two for today we have a matter block and aquasave and then we'll go into the pretty much
the final rounds and then final announcement could be a special uh a special surprise event somewhere
maybe in the us uh in about a month but uh let's just leave it at that right
in the us uh in about a month but uh let's just leave it at that right
season one was absolutely incredible but this is really really stepped it up and um huge kudos to
the team and i am so excited uh about the panel of judges we have here so i think we can go ahead
and let's introduce them and let's bring them on yes sir so omri by now with familiar faces for all the all the cgt fans out
there how are you man hey how's it going guys happy to be here fantastic thank you and then
i have another familiar face uh up here with us today uh polina are you there yes hi everyone
it's pleasure to see everyone today my name is pelina and i'm from coin
telegram the biggest media about blockchain and crypto awesome and uh we also have leonarda
another familiar face but uh i think she's having some connection issue right now so we'll just uh
bump her up as soon as we we her here. And last but not least,
winners of Season 1 of Crypto Scout Talent,
Cozy, ladies and gentlemen.
Season panel here today, guys.
And as usual, let's start with the greatest titles on the planet. Let's find our next big bang We'll be right back. All that judges panel keeping standards mighty high cuz we know what makes it seem too many say goodbye
Make that crypto deal, guys.
Make that crypto deal guys
All right, let's go and make that crypto deal, guys.
While Leonardo joins some technical issues sometimes here and there.
I will go ahead and start presenting the projects.
So first, we're going to start with Aquasave.
I'm going to drop the video and we'll
start um grilling uh sergio but before that aaron i was thinking what are we doing here for anybody
who has never heard of this which is by now impossible but so um around a year ago we were
selected to be one of the grant allocators for Polygon. And we realized like a lot of these
allocation programs are done behind closed doors, whereas that's not really what crypto is about.
Crypto is about being open and transparent. And we decided why not do this all publicly? And thus
Cryptos.talent was born and we put a really fun spin on it and it kind of caught fire and now zero g's renewed
us for season two and here we are yes indeed we are uh that's awesome uh and in the meantime while
you were saying that lonara jumped back here back here on stage with us so how are you
Just do a live mic check for everybody just to make sure you're around.
Maybe there is a little bit of a delay.
Then we'll figure it out.
You can't avoid technical difficulties in any of the episodes i guess
yeah i know they always need at least one so cool all right guys let's uh let's play aquasave and let's get rolling can you not hear me no we can there is a delay but we'll figure that part out
oh okay hello everyone this is sergio, CEO of Aquasafe.
Every morning, we let perfectly good water swirl down the drain while we wait for the tap to run hot,
leading to billions of liters lost worldwide every single day.
In average, 12 liters are wasting per person in each shower waiting for the hot water. The demand is increasing year per year and water scarcity is going to become the biggest
AquaSafe is a deep-in project that monitors and saves water using IoT technology measuring in real time improving the efficiency reducing the consumption
and improving the quality of water Music Music Music
Music Music Music Music Our first device Aquabank Saber is installed under the sink.
It's plug and plug device, very easy to install with one device we can cover the entire house.
What this device do is avoid the waste of water while we are waiting for the hot water.
The device reintroduce the water that is still not hot using the cold water pipe,
repumping to the heater and generating a closed circuit.
As soon as the water is ready to the desired temperature, we allow the water to fill.
During the process, we don't waste water and we reduce
the energy necessary to increase the temperature impacting in the bills.
Thanks to the devices we also measure parameters like quality of water, flow level and pressure.
This allows us to prevent the generation of different clients of bacteria like Legionella,
avoid the pipes to get frozen and detect leaks and loses in the water distribution pipes.
All the information collected is anonymously sent to our platform where using smart data analysis we monetize and sell to our stakeholders.
And also we verify using blockchain and reward the users that do the
data sharing. Through the app the owners could monitor, track and command the device and also
claim their rewards. Through the platform the different stakeholders will be able to visualize all the parameters, generate reports and have a better decision making.
Also we will have our own explorer where all the devices deployed will be visible.
project will be visible. All the savings will have a value in the carbon credit
market using the VERA certification. Here you can see our tokenomics where
BigPAR is going to be destined to the community. Thanks to our approach we will
involve all the K players in this field and reward and benefit in different ways.
As part of our traction we are in collaboration with the government of the Balearic Island in Spain deploying 240 devices in the different islands.
Let's change together the world with aqua safe
i wanted the rock music at the end there but let's move on stage
sergio how are you man hello everyone everything great
very very happy to be here in the semifinals or crypto talent amazing
let's get lernarda up on stage real quick and just double check the world good and synced yes hello
now we're good yes amazing thank you amazing thank you all right guys let's do it. Sergio, you have about 10 minutes and a half.
Judges, if you have any questions for him, feel free.
Yeah. Hi, Sergio. Great presentation. I just had a couple of questions. So you guys mentioned,
you know, collection of data. What kind of data specifically? What's the universe of data that you are collecting? I know you had mentioned, you know, the hot water, but also, you know,
So what type of water quality data?
And then are you guys planning to integrate or expand into public or subsidized housing?
This seems like a really good opportunity for public housing, government-funded housing.
But the issue is that residents may not own the device.
They probably won't if you do it that way.
And they won't necessarily be able to consent
or there needs to be some process for them to consent
with data collection and sharing.
So have you guys thought about that?
I know you guys mentioned working with a government.
So just interested to hear if you have a plan
for public housing to expand into public housing.
So actually on the first question, I would like to say that we collect different parameters.
You mentioned quality of water. We also measure the pressure and the flow level.
From these parameters, we can achieve different things.
One of the things is that leaks and loses in the water distribution pipes. This is a great issue, probably in many countries.
The loses that they have in the water distribution pipes.
Yeah, we are going to also generate other devices
that measure information about other parameters as well.
This is our plan for the future and about where to start this device,
the first one, that devices installed under the sink
in individual houses, but this could be applied as well
to any house could be public houses.
And the thing is in these cases,
what could be interesting is that the rewards
that these devices are going to have
could be impacting to the ones that invest in devices that only want the rewards so that means
that if we care about in the case that a government or an entity care about just the information,
we can provide the devices for free,
and there is going to be investors that are going to receive the rewards instead of them.
So this is our plan for these cases,
and this could be applied to countries that develop and that they cannot invest in this kind of technologies
what is there an option what if they want to like opt out of the rewards altogether like if it's a
you know municipality or government um you know for public housing and they don't want to you know
put their public housing residents data uh in that? Is there an option for them to essentially opt out of the data and rewards?
Exactly. Actually, we are working in two lines.
One is the traditional world where it's not necessary to apply crypto
It's just devices that are going to be connected locally
and there's going to be a platform that
collects this information in the case that this public entity municipality want to access to this
information will be possible but just with the ones that allow to to share this data information
and in the case that you don't want to share is perfectly fine we consider this option and
to share is perfectly fine.
And the only thing is that they are not going to be rewarded
for the data sharing because they are not sharing anything.
But they can also install the device
and have all the benefits that the device have attached.
Do you mind getting into a little bit more
around your traction right now? How
many devices out there and what kind of customers do you have? And what does your user generally
look like? Is it like the deep end nerd? Can you get a bit into that and then also just
into your roadmap as well, where you're at?
For sure. So actually we are based on a technology that is patented on cell for more than 10 years and this technology was offline.
So already there is devices all around the world, around 10,000 devices were deployed in the different continents.
And what we are doing right now is become the device wireless and include these sensors that
i was mentioning before and thanks to this we can yeah collect the information generate
information that is going to be value for the better decision making and also optimize
to optimize the water distribution systems.
So about traction, we have an agreement
with the government of the Balearic Island in Spain.
With this agreement, we are going to deploy 240 devices.
We are in the final stage of the testing and validation
of the devices in order to start the deploying.
So this is going to happen in around two months.
And about the other traction that we got, we already was granted with public funds
around 800,000 euros from different projects and also yeah we received the different awards
because of the project and we have a great opportunity as soon as we validate
this pilot in baleric island in other cities that already connect with us and
in other cities that already connect with us and they mentioned that they are interested
in the technology because of the impact that this could have um you mentioned 10 000 devices i'm not
sure it was entirely clear uh those are devices offline you're saying yeah offline devices sadly
from the previous device so as you can see here is the device
and this is the new device that we are testing right now that have wireless communication and
also the sensors that i mentioned and from the previous device that have more or less the same We optimize this device, we generate a new PCB, and also we are going to change the pump for a more efficient one.
So what we are doing right now is improving this technology and becoming smarter and more efficient.
And this is the new device that we are going to test with 240 devices but previously was 10 000
the number that we already deployed from the previous device gotcha so what's going to happen
to the old devices now well they are working still working perfectly so actually it's nice because after 10 years the first devices are
running still and this is a good signal and the good thing is that we have a stable providers we
have a factory ready to manufacture more than 200 000 devices per year and we can increase this
number and yeah these devices are working but they are not going to have the possibility
to send any information because they are not prepared.
For the new ones, they will have this capability.
And the good thing is that we will improve,
we have the possibility to update
And from the ones that we are going to offer right now,
there's going to be a great opportunity in this sense,
that they could be updated and apply all the new technologies,
smart data analysis, and also have the possibility
you know, process the data information in the hardware.
This is something that we are going to include and verify very important in the device.
We are going to have the signal of the blockchain. So all the data is going to be verified
from the devices. And this impact in the case of part of the video mentioned
about the water credits and water footprint certificates.
So this is nice because all the savings
that users are going to have is going to be verified
I was gonna ask, is the main form of monetization de los cambios políticos? Hay dos mercados.
Hay el mercado de carbono voluntario y el mercado de carbono.
Entonces, después de nuestra investigación y después de conectarnos con los diferentes
estandards como el Estadero y la Berra, nuestro dispositivo podría ser aplicado a cualquier and BERRA or device could be applied to any of these standards and the credits that we
are going to generate could be also sell in this compliance market.
So as soon as we start deploying the devices, all the savings that are going to have will
be able to monetize this through the credits.
Sweet. We have guys one more question.
Maybe... Yes, I would like to ask a question. Thank you.
Thank you. So first of all, Sergio, I would like to thank you for an amazing presentation,
the way you highlighted the AquaBank and the benefits of AquaSafe.
So how you guys specifically focusing on sustainability and water scarcity.
This is amazing. And thank you for the live demonstration of the device itself.
We really appreciate it. So my question would be a bit more generic.
would be a bit more generic i would like to ask how do you guys monitor the risks like maybe two
or three major risks in 2026 and how do you guys plan to mitigate them so yeah the interesting The interesting thing about our project is that the device attaches some features that are valued for the users.
It doesn't matter what happens with the crypto. In this case, users are going to be rewarded with crypto.
But we apply a technology that, although you don't receive receive any reward is going to deserve to have the
device running and installed and there is an interesting thing that yeah we are working in a
field that is very important for the planet so this is because that there is many wins here porque hay muchos ganas aquí, no solo para los usuarios, sino para las municipales, para el gobierno,
para las corporaciones y compañías que recorren esta información y que van a tener una mejor decisión
y van a saber mejor sobre lo que está pasando con el agua. the water so from from there countries municipalities governments they should
think about why not this technology and this could be very beneficial i could say
okay thank you thank you sergio thank you we appreciate it uh great presentation great
answers and feel free to stick around in the green room
if you want to watch the rest of the episode
or just watch it through X
because we're live streaming right now.
And yeah, see you in a bit.
And now we have the last projects of the semifinals.
Definitely not least though uh great
friend it's been around for years now building in the iatex ecosystem um let's go with the marble
ah yeah i actually watched the video this is quite funny i nobody has done this kind of like uh
spin up on a presentation video so far so will we gotta end it to you this is fun let's see
videos so far so Will we gotta hand it to you this is fun. Let's see.
Get him! Yeah! Huh. What's this? High humidity detected in the attic. Honey I'm
gonna go check the attic. EnviroBlock just sent me a notification there's high
all right let's go check the pebble out
yeah everything's working normal there all right so what could be causing high humidity oh no that explains it it's like I got a roof leak going on yep man
Alright, let's see what the EnviroBlock dashboard shows.
After yesterday's rain, we've got a big uptick in the humidity in the attic. Would you like us to connect you to a roofer in your area?
I'll have an estimate for repairs to you by the end of the day.
Oh by the way that slick pebble device you have in the attic probably saved you a bunch
That repair could have got a lot worse and normally insurance doesn't even cover things
Wow, great catch, EnviroBlock. catch enviro block and the oscar goes to how's it going will i appreciate it thanks for having me
guys i had way too much fun making that video yeah actually is that live on x right now did
you post it yet i haven't posted i was going to
after this i didn't want to i didn't want to ruin the surprise there i gotta reach you're right
you're right first tips on it uh cool so if you guys have any comments on like will's acting or
maybe some of the shots could have been better but also if you want to know what a mirror block does
and you want to know and ask questions feel free judges is all yours i mean that was amazing but
i'm very curious to learn what's the full scope of detection you know what's the full scope basically
of availability there and obviously how it connects with the app how it connects with
so both the dashboard i guess it's the same one on the mobile and laptop but i think you mentioned
um two different names so i'm curious you know how the whole setup kind of operates the dashboard i guess it's the same one on the mobile and laptop but i think you mentioned um
two different names so i'm curious you know how the whole setup kind of operates yeah so that uh
first just showed kind of one use case which is kind of like a lead generation to home service
provider contractor there for the homeowner that detected something um and you just saw a snapshot
of our data dashboard which is still in, it can be released out here this year.
But that really just kind of highlighted one use case
that could be used for the pebble.
That's it for early leak detection or a high humidity
that could turn into mold over time.
So that's been a big emphasis of ours.
Big opportunity that we see is mold prevention
Okay, and that's the full focus right now.
That's just one like other other opportunities we see is like for new construction warranty verification.
Whenever you buy a new house, you have one year to report any any defects, you know, so one use case there would be having a pebble or monitor installed there to register air quality hvac issues
high humidity to where you have you have that opportunity to then go back to the builder and
report that before that one year time frame expires um other real estate value additions you know
homes coming on the market and inspections just a snapshot so buyers are really left trusting the
seller on what they say or what they could cover
up before they sold the house you know so this would be like more of a long-term data transparency
that could then be used to even upsell the house uh proven that there's no air quality issues or
or high humidity issues there and what is the core team's like background to be able to execute this
both from the dev side but also you know scaling and
operations yeah so uh i've spent the last 10 years in the roofing industry which is why that's
a big uh big emphasis there and obviously an easy easy use case and that's kind of where this
started was was nobody was did it was collecting data from the attic you know but roofing industries
you know a 40 90 billion dollar a year industry in the US.
Just the lead generation for that's $3 to $5 billion, depending on where you look.
So that was an easy kind of first use case.
And then it expanded there from a mold prevention aspect.
I'm wondering, first of all, very interesting product.
And the video was amazing.
Really great video. One of the best pitch videos I've seen. And yeah, I'm wondering,
have you explored or mapped your product to any public funding streams like energy efficiency,
public housing monitoring? That's a huge one, right? Home repair programs, roof replacements,
those are massive. And then also energy you know, energy efficiency, you know, retrofits using like
Energy Star and all that, that's big money in government. And then if you are thinking about
that, are you guys prepared? Have you done the research to meet any public procurement requirements
and compliance requirements? Yeah, short answer. We've been focused on the air quality and kind of IAQ aspect of with, you know,
starting with the pebble, it doesn't have like an energy efficiency aspect to it yet.
That's kind of down the line would be kind of a tie into this whole home picture that you're getting for your for your house.
Not only are you living in a safe and healthy environment, but are you wasting energy? You know, with HVAC and roofing and ventilation, there's a big cost deal there if you are wasting
energy over time. So public housing, things like that were our thoughts kind of down the line,
but more immediate is like real estate, new construction with home builders,
even approaching insurance companies for de-risking their clients you know
if there's a way kind of like thinking about a safe driver program these could actually be given
to you from the insurance company and you could get a premium rebate for your house proving that
you don't have any mold or air quality issues there so you mentioned air quality what about
like radon detection so we don't have that capability in this that's definitely on the on the map there too
for the future this the the pebble is not the most cost effective device you know there's more
of a proof of concept these are 215 usd uh each and really you want multiple sensors throughout
the house for all your all your problem areas you have a basement you know bathrooms are a big mold
mold place attic attic, obviously.
But really, you want that full picture of your house.
So part of our roadmap here in the coming, if not this year, the following is finding a suitable next device or devices that also deliver with the IOID of IoTeX, being able to have that immutable data. Because it's all about the immutable data.
So you could have like a suite of devices as opposed to just one device that has all
I think it really makes a lot of sense for, to have a device that can monitor all this
But my question is more around the crypto aspect here. Usually when deep ends like this come about, the idea is to have, you know, pull in the aggregated data and there's value to that aggregated data.
Can you talk about what that value is and why crypto?
Yeah, why crypto, you know, blockchain itself has the mutable data aspect of it. So that's,
you know, we get that question a lot, why, why Web3 and not Web2. And it's that that aspect of
not being able being able to approach selling this data to an insurance provider, real estate firm,
and them not having to worry about that data being amended in any way. And then obviously,
with the crypto crypto aspect of it, getting that early
incentive to be able to have that early adoption. But we want to be very careful that we're not
getting too flooded on the supply side before we have a demand for it for the data as well.
Yeah. Can you get more into the value of the data when you have it in the aggregated way from all
these different devices that are coming in? Like for my device in my attic you know the value is very clear but when you you and viral block are pulling in
from thousands of devices uh can you talk about what insights you can possibly find and pull and
and where the demand could possibly for that data yeah so um as a con for the full picture of it, if you've got it full aggregated, that's when you can approach
and it'd be more regional based, right?
Because we'd be collecting different data in Texas than you would be in Canada and whole
different uses of that data and risk there.
So really regional based.
And that's this next step as well with this next phase after tge is as we scale we want to
kind of group all of our devices into kind of data studies or data projects so it's not just
data coming all over the place randomly um if based on the installation type and the region
then we can start approaching off takers of that data for that those specific group types
hard hard to put a value at this point on that data itself.
But just some rough numbers, like just the lead generation market for home service companies is a $10 billion market.
And the average cost per lead is $50 to $200 per lead.
Some real estate numbers, you could add 3% to 8% price premium on a house with proven data over time based on our research.
Or you could have a 20 to 40% price drop if mold is detected on the house too.
So that's kind of where we're approaching the value of the data from our standpoint at this time.
Cozy, I saw you unmuted there for a second.
I feel like I kind of missed it.
into like the margins that would happen from like, maybe including customer acquisition
costs to like how profitable this is per person who actually ends up using it?
We don't have a strict answer on that yet.
We're still pretty early.
We're like 530 homes globally. So this
has very much been as we develop our token and kind of conceptually, what are we going to do
with this data? We've been exploring different ways to use it in the meantime. So we haven't
quite gotten there yet to get a strict margin on it. Makes sense.
strict margin on it that makes sense
and did you have specific regions that you focused on first where you thought like this could scale
more rapidly than in other areas yeah i mean definitely we're based in texas you know so we
we have a strong emphasis on starting here more locally in the us as well but being able to start
kind of concentric and moving out so that we have more
control over uh not only our installers and who's installing it how they're installing it because
that's a big um big variable there is the quality of installation um but also who's going to take
that data as well so being being regionally here at home and then kind of moving outward
uh would be more strategic for us yeah i, I think you're very early on,
so there's a lot of things you need to figure out.
I would like, how do you ensure the privacy
of the specific data you collect?
And how do you plan to scale in the upcoming time
to scale in the upcoming time in case if you get funding.
in case if you get funding?
Yeah, so a big kind of bottleneck for us has been our reward system.
We've been bootstrapping this whole time unfunded.
So we've been rewarding an IOTEX token, which has been a limiting factor for us,
you know, just with the way we've been operating.
So as we launch our token here very, very quickly, excited about that.
That's going to kind of open up that bottleneck for us as far as the reward system,
being able to build the supply side.
And then as we offer newer, less expensive devices,
they can also give us that immutable data aspect of it.
That we see a huge potential in that
for people that can operate on wifi,
they don't have to do IoT SIM cards like these take,
and then they can actually get more value
having multiple devices around their house
rather than just be able to afford one
and trying to decide where that's coming from.
From an aggregated data standpoint, that's where that's coming from. From a from an aggregated data
standpoint, that's where you can kind of get it keep it anonymized, you know, if you're just trying
to get it regionally based. But certainly, with with a with a option to just like that example,
in the video, would you like a roofer in your area to come, you know, at that point, you're
linking the dots, we're connecting the dots for you with a trusted service provider in your area to come, you know, at that point, you're linking the dots, we're connecting the dots for you with a trusted service provider in your area, which is paying us for the warm lead. And then
also, you know, at that point, we're putting you in contact, and it's not anonymous at that point,
you actually need that service. So it kind of depends on who's taking that data. Yeah, thank you.
yeah thank you why the rush with the token though is it purely to allow for more cash influx or
um as you mentioned like to kind of shift the reward system to be more utilizable
um because a lot of the times that becomes the product especially when your own product is very
early in the development um and it can yes it, it can amplify, you know, the brand as
a whole, but it can also really, really deteriorate the image. So I'm curious, you know, about the plan
there. Yeah. So I wouldn't say we've rushed into the token. It's been in development for a while,
like over a year. So, and it's, it's twofold. One, we do need some more value into the projects,
more liquidity into the project.
But two, the way the reward system operates,
we needed a way to expand our user base.
And right now we're pretty much capped at the way that our earnings come
from being a node for IoTeX.
You know, we're at our limit essentially from, you know, everything that's coming in is going out to to our data provider so
we've got a stiff bottom right there yeah i guess it was necessary for you to boot start it
bootstrap it like that but now you're quite restricted so you want to get out of it yeah
i get it i get it it's a bit unfortunate position because then you have to make
um certain decisions but yeah no i get it i get it it's a bit unfortunate position because then you have to make um
certain decisions but yeah no i get it thanks
okay i guess unless we have like a super last quick question for will i think that was uh
pretty much the 15 minutes i think you guys are behaving so well today no no yeah either either that or maybe just the speakers are really good at answering
um we are just really impressed with the video and acting skills
sweet well if no questions for will then uh will thank you so much we really appreciate uh
the video please go ahead and post it and uh yeah, see you at the Oscars next month,
whenever they are, I don't know,
not in touch with the world.
All right, see you, Will.
Thanks for having me, guys.
If you guys have maybe like five minutes,
I think we've been doing this for a couple of episodes now,
but just sharing thoughts on some of these projects. I think think it's cool they're kind of had some overlap you know the aquasave and
enviroblock both focused on uh environments yeah and uh and they're both like classic deep in models
as well you know um i don't know not you know there hasn't been that many deep ends that have been super successful that are following this particular model.
So I'm excited to see what happens here.
Maybe there's some way they can combine forces and create like an ultimate project.
I was thinking about the two.
Maybe like a full on smart home deep end that kind of like tackles all the important angles in a smart home.
I really like the lead generation thing i think
that's a cool way to bring in some revenue i like what they're doing yeah i just want to pick one
i was gonna say it's very cool like those are two very real like practical use cases of like
products honestly which sometimes i feel like especially outside of the deep in world you're
only seeing things that are so like theoretical and very like software heavy.
So it's always cool to see projects like that. So I love both of them. And yeah, I agree.
I think we should have these guys. We should just have homes that are fully, you know, deep in deep in a fight before we buy them.
Yeah. And just to build on what you guys are saying about how these are real products
and there's real demand for it. I used to work for the US Department of Housing and Urban Development, and this is something that there is a lot of funding for. And that's something
that's needed. That's something that's required in a lot of instances when you put federal funding
towards housing projects, whether it's new construction or home repair
or just maintenance or public housing.
So, I mean, there is an inherent bid
for this type of service.
And I think that, you know, it's obviously it's hard.
It has been hard, hopefully it gets easier,
you know, as regulation comes in and whatnot
to kind of bridge that gap between, you know, crypto projects and public funding and public programs.
But these two, I think, have a really good shot. And I think that it would behoove them to try to pursue something like that as well, especially in this climate in the U.S.
particularly where regulation is starting to become more favorable and they're more accepting of these types of projects. But yeah, there's certainly a need for that. You know, I worked
in environmental review also for the U.S. Department of Housing and Urban Development and
this type of stuff, you know, air quality and all of the things, energy efficiency are required
for any use of federal funds. So yeah, I really like the projects a lot.
I think it would really kind of push the accountability aspect, right?
Like it's very interesting to see if it could somehow be implemented with like real estate development agencies, right?
And to kind of like showcase like, hey, we do it right.
Like this is the quality, like et cetera, et cetera.
I think there are a lot of angles to incorporate this
with certain institutions and just companies overall,
you know, that want to be at a forefront
and have some proof to it.
Cause it's very difficult to establish these kinds of things.
But the problem with deepens and these kinds of models
that are, they're very difficult to scale, right?
It's very difficult to find the right regions that would be more open-minded to testing these devices, to buying these devices. I mean,
they're not cheap most of the time. And a lot of the time, it's also within crypto, I think.
It takes a long time to actually develop the physical state of the device and to make it as useful as it can be.
So you don't want to purchase it unless you can maximize the value out of it.
Right. And it's a long time to reach that, I think, for both of these projects.
And I mean, I think AquaSafe mentioned they have like 10,000 devices in 10 years, and that's Web 2.
Like people don't have anything to be scared from web 3 and it's still not much scaling and maybe i'm numb from like crypto numbers but i mean still even in web
2 like it's it's hard to make revenues it's hard to be sustainable this way um like company wise
right so yeah i guess this is just a deepening thing that um we need to figure out as a sector. I do think for these types of projects,
scaling regionally is a good strategy to go about it
and allowing the demand for each region
or connections with public institutions
to catch up to the supply.
I know we're talking about there's a supply issue,
but there's also like a demand issue.
And I think scaling regionally can actually help
And it can become a case study, right?
That others can utilize later on.
So yeah, snowball effect.
Yeah, so I would recommend that to both of Aquosave
Well, again, you know, you guys were on amazing behavior today.
I guess that's how we conclude the round of semifinals.
But like we were saying last week, Aaron,
we like the idea of maybe doing a session next week
where we invite all the judges,
some of the judges that have been with us
through the semifinals and maybe make a
live, maybe a list of our favorite projects, kind of like what we did in Singapore, Cozy. He was
with us there when we made the list of our favorites for the Singapore episode. I think
it'll be fun. Maybe we just get some info so we all get updates
on all these projects and try to shape up the list of finalists.
But as usual, yeah, thank you, guys.
Really appreciate it. Short episode, sweet.
And we'll see you guys next time.
Thank you. Appreciate it.