Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
AI + Crypto Saturdays w/ Oraichain. Ep 25
Recorded: Dec. 16, 2023 Duration: 0:57:21Space Recording
Full Transcription
Thank you, man.
Hey, yeah.
And then, then, you know, I think we've talked about it.
that you're looking at cosmos and we can help to onboard people to cosmos or to any chain
based on the user's intent i have x amount of money i want to find the best rate on you know
xyz asset and we can help you do that and using smart accounts or account abstraction help you
get there quickly and execute it without fumbling the bag and making a mistake along the way right
so this is the the vision this is the vision the vision here is that you as a user can come into
a chatbot power experience and not just have a sort of informational tool but to actually go beyond
that and actually take really quick precise actions that are all bundled for you and you're not
necessarily trusting automation to make all of the decisions for you even though i think ai agents
will play a big role in any of those things in the future you know and i love all of the asian
people that are building right now and we've got some people that are building strategies
all that's really great but the choice is is the thing that that really is important here it's the
choice so the user actually be able to say this is what i want to do what are my options understanding
those options really quickly and then being able to quickly execute and move to that final destination
like you were talking about you know taking a flight right it's like going on to to kayak.com
for crypto and saying i want to go to vietnam and having a million different flights and carriers
and and having to like wade through it it's like okay do i care about price do i care about safety
what are the different things that i care about here and then once i'm there what do i do right
do i do i rent a car do i take an uber do i get a hotel do i get an airbnb
like you know it's kind of like this experience for crypto where is our crypto concierge where is
our intelligent guidance that's helping users get there uh this morning i was telling my mother
um as we're like driving up here to manhattan from from where i live out in queens uh she was like you
know you've been saving an incredible amount of money she said to me and i was like i know and she's
like where is all your money because you know i have the feeling that you're not keeping it in the
bank and i was like i am not i keep my money 100 in digital assets other than what needs to be spent
and she's like okay i had a problem the other day she had a problem the other day where she went to
the bank uh and had to cut a check that was very large for a car she was buying my my aunt a car
uh and the bank wouldn't let her cut the check you know they were like they were like okay we need a
second id third id she had to go home and get multiple different proofs that she was who she
said she was this is a bank that she goes to all the time right and she's asking for permission for
a bank a cashier's check at a bank this is so absurd right this is not the financial system
for you know for 2024 we're going to win because if my mother who is 62 years old is asking me about
digital currencies and is ready to make the switch then we're on the verge you mean you mean the bank
didn't have the money in the bank is that what you're trying to say it's worse than that it's it's
it's it's that the bank wouldn't the bank wouldn't even wouldn't even write a check on my mother's
behalf with the id with her like license they wanted her to bring her passport and wanted her
to bring bank statements from the house and all this stuff she literally had to leave and go home
in order to like you know having her id about her bank card wasn't enough and that's it's absurd
because okay if it was like a large cash withdrawal like we're all used to that right but this is like
a little bit extra you know it's almost like you go to an atm put your money in and ask for you a
second form of id right like that's ridiculous so moral of the story here is that if my mother is
going to get into crypto i am not going to be able to walk her through it because when i show her all
the cool things that crypto can do she's going to get lost and she's going to get discouraged and
she's going to say i cannot do it so that's something that is precisely tailored to the questions
that she has and this can be achieved really easily with with ai go ahead hoss no no i was
going to say that that that's one of the things i was i was going to add to that i'm sure you probably
were going to but that um you know i really like what a ride chain is doing because we can build out
these tools for that seamless experience and um you know i was talking to my wife yesterday the day
before about you know i've been trying to get her more involved in the space to like just educate
her more and more so and she's just like you have to you know kind of start with the basics you know
not not where you're at right now and kind of just and i think it's a good experiment experiment so one of
the things that i was going to do over the break here is maybe potentially create some content with me
just teaching her like you know the basics of everything and then using that information to
like actually you know make posts about it or whatnot because right now what's so great in my
opinion about the market for the most part is i mean i do see some new users but not retail really
isn't in here yet you know it hasn't caught wind and that's why i think we're so early in this market
and a lot of times you know i'm not this huge bitcoin uh bitcoin component advocate right now
of like that's um why everything does what it does and all this other things but it will
bring retail and once people start to see oh bitcoin's at you know 60k or something then that's
when people really will start coming in and then that's when all these alt coins you know will have
a ton of new users which is going to be insane isn't this this is the the challenge here right
is that like not everybody has the taste for volatility and risk that we have um that the
people on this call have right i guarantee you every person that is listening to this call has a
bigger risk appetite than the average person that you're going to walk by on the street people want
to put their money somewhere know that their money will be there when they come back and if it can
grow a few points a year then they're happy right and i really i yeah that's why they never win
well but but but but but winning is is like so we're we're just on like so the average person
like winning is control right it's risk management it's control it's being able to actually make
decisions and own like their assets right be able to actually own them so whatever assets like i'm never
going to tell anybody to go out and start putting money on anything in our altcoin market like that's a
great idea for your life right that's not really my my goal in life but what i see is that there's a
lot of people with dollars that number one don't really have those dollars don't have access to them
and they're not getting the yield that they could be um because they are the bank is getting all that
yield because that's that that the the bottom line for their investors right so our opportunity in
this space is to literally help people move towards financial autonomy that does not necessarily mean
that every investment quote unquote is some kind of moonshot it's the exact money money markets that
are going to like drive our market right that where people can go in and and drop a thousand dollars
and get 10 or 20 that is crazy right that's crazy deal for your dollar um and and actually do
something good with that i think that i checked osmosis yesterday they're given 29 percent on usdc
usdt pool uh that's pretty that's pretty amazing guys like yeah that's real good i mean in fact i mean
since you know we're this is a ride chain there's an app on um in um our ecosystems called orchai
and last time i looked it was in the 30s now it's a money market so the price the the yield for lending
will fluctuate but right now since the market volatility i think it was at like 35 percent
for just usdt and and i think that you know hopefully it is all of that really starts to
balance out a lot too right because obviously when when the the interest is so high that means that
the risk is really high right so you as a lender are getting that that yield because uh there's a high
utilization of your funds people are out there and they're they're leveraging up and you know right
now i think orchai sort of supports you know awry of course with liquid staking but also injective
and atom so you know people can go there and actually you know capitalize on that and and leverage
and get get back into the market but here's the thing like the goal for orchai and we we i actually
talked to them about this this morning a little bit is to attract more stable coin liquidity right
and and that should be a very easy thing when we're talking about you know all of these dollars that
are currently minted across ethereum and l2s and you know and bnb chain and tron uh all you have to do
is create these very short steps that take people there whether it's through bridging whether it is
through actually having those vaults over on these native chains you know that's that's where it
starts and so um so that's something that i'm expecting from those pretty near near future to
try to expand it that means the rate will go down a little bit but i do think that it's going to create
an overall healthier i just looked right now it's actually at 41 so like if you deposit usdt it'll go
down depending on how much you threw into it but i mean that's pretty much i mean as a lender
i mean it's really no risk for the most part i'm not financial advice but that's what kairi was
alluding to that it's all based off your utilization rates with how much liquidity is in there and people
leveraging up against and obviously that that's a really i don't think i've ever seen it that high
so that just means like people people are max levered right now and well yeah and that means i think
that the people are more confident right now in the market right there they're saying it's worth me to
take the risk and borrow as much as i can to go long in this market uh that that they're gonna pay
it back so i don't expect i expect the first sign of downturn loans to be repaid right people are nuts
man like i don't but hey man if you knew this was gonna happen and you you're like seeing celeste at
like 220 and you're like look i think this is like the vibe of a lifetime i mean who am i to tell you
because you're probably loaded right now because it's i've never seen a chart in my life i've been
investing and looking at charts for decades i've never seen a chart like celeste in my life where it
launched and it's not it's literally just gone up it hasn't not went up and it and then what's crazy
too is the apr is like 19 so like you're it's it's really inflationary right now too so it's just
it's insanity and uh but yeah i i don't know like we've been running so well so i'm still
a little hesitant to just like go and i'm kind of trying to wait till maybe like tax season to see
what happens with people because i think you know people will probably sell and pay taxes or whatever
going on and um and then that's probably what i'm just going to be like all right you know bet i'm all
in because um i already have this core thesis i study united states debt cycles and whether people
want to believe it or not if you're like all over the world the u.s economy runs everything and it's
not me being some cavalier because i'll be the first to tell you i there's a lot of things i just despise
about america but it's just the way it is and you know also known as the bitcoin happening which
probably was some american economics you know someone that studied economics or worked in like
the cia or some you know the central banks or whatever because they they understand exactly how the
debt cycle works and it coincides literally correlates exactly to the timetable that the
the bitcoin happening is so to speak so yeah it is what it is and um you know not financial advice
but there's just so many things that are going in the positive direction for the space as a whole
and um every macro there's like in my opinion there's nothing that can stop this train from
derailing right now no matter what maybe it doesn't it doesn't ride off into the sunset as as far as it can go
uh with like crazy external factors but there's just too many positives and and um i just think
this is just a once in a lifetime opportunity that we may never see again in our lifetimes and for the
for those that have been sticking this out during this like dark period of time like and then i honestly
i've been saying it's even in the bear market like the bear market i just think in a decade from now
people are going to look back and and people are going to say oh you guys it was so easy all you had to
do is like pick anything and you would have did well and it's like well you had no clue about all
the shit that we had to deal with and all the fud and all the uncertainty and non-clarity and all the
stuff like it's just this has been insane and i've never you know like i guess the only thing that was
kind of correlates with this is like the dot-com era when people just you know they were investing in
any internet website and a lot of them got wrecked and i do think you know some of these l1s or just
chains in general probably won't make it but i think it's a different um animal now because
everyone has access to crypto like it you know because i don't know over 8 billion people on
planet earth most if not all have uh like a smartphone for the most part so they're kind of
like they have access to the game and um like back in the dot-com it was still kind of just like a
exclusive group mainly americans that can get in it now everyone can get you know get in the game so
i think there's that as well so it's just exciting man like just from that standpoint but then also
just as a user and getting to check things out and seeing how cool things are and then the gaming and
ai and my my whole narratives this this run has been since i mean it's kind of been my thought
process since i got into this space and all the you know thousands of hours of studying i have done
but it's always been basically solana cosmos ai gaming and then some cool like niches that are
proof of work and that's like the only thing that i care about like everything else to me
and i don't care if i really offend people or not but it's just i think it's kind of obsolete and
doesn't matter at least for this cycle now that doesn't that's not to dictate that erc 20s are dead
but i just think ones that aren't focusing on ai or gaming are just kind of like obsolete in my
opinion so like erc 20s that are just like financial backed i just i have no i just don't
care about them like i think they're useless well and hoss i guess one of the big you know one of the
big things right now is we've got this ai you know i would call people are calling the ai super cycle
right um but this ai you know movement is really hard to dissect for a lot of people um you know i
think i started i was telling people you know people were asking me about bit tensor early in
the year and i had like the pleasure of meeting some of the core bit tensor devs back in you know
um february or march earlier this year they're from new york got stuck in an airport together and
and we're chatting for a long time and you know and people have been asking me about bit tensor all
year and i've been like yeah i love what they're doing there is no competition between what somebody
like bit tensor is doing and what we're doing bit tensor is trying to change the world with ai
right they're trying to change the way that ai is completely how it's done from the ground up um and
and basically go after somebody like you know google's ai armor open ai and dethrone them i'm not
saying that's impossible but you're talking about taking down the big boys when you do that and you know
ultimately when people in crypto are like you know i'm i'm in crypto i want to go and like use a
product you can go and you know yes you can go and test bit tensors models and use them a little bit
but like that product is not actually adding value to you as a crypto user today and i think that
understanding all of these different subjections that subsections of the market is really important
right so you got something like bit tensor which is great and it's huge and it's very valuable you have
something like render and akash which is dealing with decentralized compute super huge super valuable
love all of that stuff and the people that are filling in the beta plays of those movements are
really important overall for our decentralized world orai chain is building ai for crypto people
right we're building the ai ux that is going to help on board the next billion people into crypto
that's our focus we've built the infrastructure to be able to streamline that we have our trustworthy
proofs which are basically on-chain audit reports that show you that every single ai request is
transparent and trustworthy putting the control in the user's hands to be able to choose as a consumer
what products you trust and which ones you don't want to use based on evidence not based on branding
uh and all of that is going to be really really important for your tangible actual product stack
that you use so rather than our vision is by the end of 2024 rather than saying i'm going to go to
coinbase first or i'm going to go to kraken first or any of these other platforms that you'll choose to
start your journey on a ride chain that you'll start by researching and looking at charts and learning about
projects and interacting with protocols and auditing them yourself and all of those different things
on a ride chain and then you're able to also execute from a ride chain to anywhere that is our goal
right and that is a very long-term vision but we've been setting up for three years to accomplish that
and this is why i think it's really important for people to understand we're not just sort of popping
out and saying okay we're gonna build a little ai over here to make some money we're very confident
that our current trajectory our current infrastructure our ai labs ability is going to allow us to
actually deliver a compelling product that will stand the test of time for the crypto market and
their user experience especially for new people entering the crypto market yeah i mean it's just
i remember the first time when i found out about our right and actually i think it was really when you
when a ride chain did it did the airdrop that's that piqued my curiosity and that's what i think
airdrops are really good for is you know it's like a form of marketing but anyhow i checked it out and i
didn't do like an exclusive deep dive but i looked at it and i'm like man this seems real interesting and
real fascinating and at the time i wasn't really focusing all my efforts on ai you know and but then the
more and more i kept looking into it i was like this is interesting you know like very interesting
it's going to take time to develop but like if if it's executed to the way that i think that they're
trying to do could be something really special and powerful and it was a really like a really low
market cap at the time and um that's the kind of things like for me that i like to get into because
i mean you see it you know if you're just some sort of investor you get into these things super early and
it could change your life like financially you know and i was looking at it from that perspective
but also like man this is this is interesting and i really like interesting things and then over like
you know the year year and a half after that i was just like i gotta you know get involved because
this is this is something that can be like really powerful for like all of krypton not just
you know us as you know cosmonauts or whatever and i still think it's so under the radar
it's it's it's mind-blowing you know it's like how do people not see this i guess because there's
just so much you know we're so saturated with you know thousands of things in our faces all the time
but uh it's one of those ones where i was like i gotta get involved i mean in fact it's i was like
i need i even wanted to run a validator i know you're running a validator ride too and it was just
like this is cool you know to be a part of it be a part of this and um just be a part of the journey
and then you know the more and more research i did i found out that there's a lot of brilliant
people not to say that like there's not a lot of brilliant people and a whole as a whole in the
space because i firmly believe that the most um imaginative uh brilliant human beings are in this
space especially builders and they're and they're just engineers like engineers love challenges and
tasks and things that tell them something won't work and why it won't work and all they do is just
put their mind power to it to fix the issue or resolve the issue or patch the issue or whatever
you want to call it and it's been to work in like clockwork over my journey and i've only been in this
space for like two and a half years now and it's just it's it's great man like i think a riot chain
has really some some of the you know most brilliant devs and it's a really big team and they're just
building cool things and um it's just i i'm a patient person in this space i think a lot of people
aren't for whatever reason maybe they're younger and they they've seen some idiot put their money
into doge back in the day and become some millionaire and they think it's that easy which
it really isn't i mean that's complete luck but um i i know from my experience with technology is if
you get in early and you just don't really go ups and downs emotionally with the markets you'll
probably do okay and um you could probably set yourself up for a bright future you know you just have
to be willing to like you were saying earlier have a higher risk appetite and um that's just
how it is like anything is risky right like no one's been successful in their life without
sacrificing pretty much everything whether that's like you work a shitty job where it's like
you you make a decent enough enough money to pay all your bills and maybe you can order some pizza
at the end of the month or whatever and you're you're cozy or you say you know what i'm kind of tired
of this shitty job and i have a really good idea i'm going to start my own company or i'm going to
start doing this or i'm you know whatever and um it's like you have to take risk and it's almost the
same appetite in this space as an investor it's like oh yeah i can invest in the stock market and just
basically be even with um you know the interest in inflation or whatever or i can go into a space where
potentially i could lose everything but also i could potentially be financially free the rest of my
life and it's like what would you rather do just play play like even even steven as they call it or
or take more risk and i just uh i've always had an appetite for risk man like that's just the way
my mentality is because i came from nothing so it's like what do i have to lose and my whole thesis on
this space as a whole like at the end of the day was like do i have enough skills and mindset
if this all went to zero that i could find a job and you know do something and i always kept saying
yes what is there really to lose like i don't put all my eggs in one basket but you know crypto
is the space for me it makes sense to me financially uh emotionally philosophically
communitarian wise whatever you want to call it and um i've always visualized blockchains as nothing
nothing more than a decentralized accounting ledger that you build cool things on it and um
it just has accountability and trustworthiness and i i've seen it in troves like you were saying
earlier it kind of just correlates with your situation trying um i think it was your
grandmother whomever you said it was but they couldn't get money out of the bank and and i had
bad experiences in my uh journey with banks you know you go there they pester you they harass you
about getting taking money out of your account it's like man this is my hard earned time on planet
earth that i had to sacrifice to make this money and give you it and then you're going to tell me what
i can and can't do with it like what kind of world are we living in right now who are you to tell me
what i can and can't do with my time on planet earth and that was one of the things you know
covet happened i was like man there's got to be a change like i don't believe in you know i
don't believe in coincidences like the whole cycles and like what was going on and there was
beef between countries and all of a sudden this this crazy virus comes out where they've been
they've been talking about it for years before it could happen and then all of a sudden it happens
during the you know presidential election cycle i'm like there's got this this
this doesn't add up to me so like there's got to be something going on here and then i was like
the only solution is crypto because we have to hold people accountable and um it's working man like
we've weeded out all the bad actors really everything that's ever happened negatively in
our space has been because of human greed and you know there's always going to be human greed but
at least the code is law in this space and we could see it you know and there's so much more
accountability and um i just want to be a part of it because i firmly believe that it's the last
chance to write pretty much all the wrongs that humans have done for thousands of years and and
hold more people accountable so you know that's my long diatribe of why i'm in this space i just
courtly believe in it you know that's just that's all i can say about it yeah and i guess i i gotta put
it on a i put a button on this today because i i do have to go and spend some time with my mother now that
this this funeral is just ending i stepped out from it so i can chat to you guys today but um
for anybody that is like curious on how the next evolution of a riot chain tokenomics are going to
play out um i do want to like talk about one really fast thing i'm going to release an article on it
a little bit later today but you know we're all very used to linear economics we're used to um inflation
we're used to dilution we're used to creating waste right and uh it's problematic and it's something
that i think you know uh tendermint chains you know by default are set up to be these inflationary dpos
ecosystems and the incentive of these emissions is actually really important because it it it is um
incentivizing the security of the chain but how do we make sure that there is always going to be
that security that we don't have to worry about you know the security going away in you know 10
years or 20 years or five years or whatever it is right and that means that we have to take a look
at our economics and make sure that there is a sense of renewability uh with our with our tokenomics
right and so uh our obviously i spent a lot of time today talking about how osmosis is is
returning value to their users i'm inspired by that i'm inspired by the way that inject injective
has approached it through you know um through their burn auction right uh and i'm looking at this
opportunity here for our co-harvest to you know be impactful for both uh ari chain mainnet and ari
holders but also for other protocols that are on ari chain so um for those of you that don't know about
it definitely read the articles above um that are pinned at the top here they touch on co-harvest for
a ridex this will be our first co-harvest that gets launched it's actually going to allow a right
x holders to be able to harvest revenue from the fees that are generated on the platform which are
pretty significant already um a lot of those fees are coming from futures markets and we only have i think
two markets listed right now uh injective and ari uh we had a poll i think rio might be next uh for
for those of you that know about really oh and the rwa movement you know we're looking at other options
too but it seems like the rio community is super amped about it so taking a look at that one and you
know our goal is to find ways to you know without sort of turning it into some dividend scenario let
everybody you know come in and participate in this revenue and create a strong reason to use the token
but also a reason to recycle the token for future emissions right um in the case of a ridex recycling
your token in exchange for you know a share of these fees means that that that uh token will be available
for a future lp incentive right and it's going to keep liquidity in the ecosystem and keep people you
know generating generating generating some of these rewards so um that's really important for the
health of a ridex but then for a ride chain as a whole we're going to be using our ai product suite
to actually be able to um create that sense of renewability in the actual main net right so that
these um ori that are spent to you know harvest these profits are going back into the unminted supply
for future uh block rewards and so you know right now i think a rise total supply is at 17 million
minted tokens right now about 14.7 you know million tokens that are in circulation like hopefully by the
middle of next year we start to see that number go down and not go up right so you know this idea of
fully diluted valuation being something that we care a lot about because it's sort of a marker um for us of
success we actually want to be moving in the other direction where our circulating supply is being
able to it's kind of like putting more money in the reserve for future um for future validator rewards
right uh the bigger that that um that war chest is for our validators the longer of a runway our
network has in order to know that we're going to be able to incentivize that attractively in the future
so uh i'm super hyped about that i do have to run hoss i'm super sorry uh because you're good like
at the door around the corner but um maybe we should pop on in the middle of a week and do another space
i'd love to to catch up on on some of this stuff a little bit later in the week too yeah for sure i mean
the last thing i was going to say because there's a couple comments money on wallet or whatnot hey man we're
like we're on quite a few centralized exchanges already it's it's a moot topic like we always
answer these questions wait i'll answer this i am on the call with all of them guys i i'm not gonna
like dodge this bullet right like we are talking to everyone there is no reason to this isn't like
oh i put in an application waiting for a response right we're talking to everybody so while i hear
you um believe me the arrived chain team we know what you want in terms of these listing opportunities
we also know the requirements for us to make sure that these are these listings happen in a healthy
economic situation so all of the moves that we've made uh in terms of products being launched in terms
of tokenomic shifts have been made very calculated to ensure that traction and revenue growth results
in value for the array holders so that when we do make these other listings in the future that it's not
some type of temporary pump and dump that it's an actual honest moment for people to discover the
project to pick up that token and to go out and use it for something right away not to hold it on an
exchange or something but to actually go and use it for something on mainnet specifically picking it
up and harvesting dollars at a discount right so believe me i'm on your team i'm on all of your team
we're working on it we're going to deliver um and we're going to do it with better strength than
some kind of speculative gamble we're going to make the most out of these opportunities when these listings
do come uh and and all of it is hard work and i hope that everybody appreciates the strategy behind
the way that we are approaching it right now i mean i know i do i like i said i'm not in a rush and
like if you have the mindset if you like it which i always thought was counterintuitive as a user like
if you have this mindset like all of a sudden that the price is going to shoot up just because of
a listing then you should just be wanting to buy more of it now anyways it just doesn't make any sense to me i get it
like yeah it's not it's never been my prerogative because one i really don't even use centralized
exchanges anyhow and um there's so many things that are going in the favor of all of cosmos like
noble has usdc natively now and you can just send it over to coinbase which is amazing you don't even
have to use anything now to get usdc on and off of you know just in cosmos like you don't need any
other ecosystem outside but before you had to bridge over and do all this other crap now you don't so
like that's a plus positive and we have native usdc uh on a ride chain now so like it's it's it's all
coming to fruition but like what tyree was alluding to is like all the all the foundational points are
being laid and it'll happen when it happens it will happen you know i mean it's just gonna happen but
there's no sense of leveraging or spending more than you need to or whatever the situation is like
just trust in the in the process it'll happen so yeah and and i guess the the last the last thing that i
want to say here is that as much as everybody is you know um everybody is all about getting to that
like top 100 you know uh for like market cap or something what i do want to say here is that you
know our focus is as much as that's important our focus is actually i think way more tangible which is
that we our everything that we do from here on forward is going to be to make you money right to bring
in money for you to come and harvest with your tokens we are going to be advertising in 2024 for
real product that's worth buying we are going to be adding listings to our ride decks that are going
to generate more revenue and be available for you to put more money in your pocket that is the goal
right so like market cap is will absolutely be something that comes along with that we hope we pray
but regardless our traction our user base growth in 2024 we are committed we are clear on our pathway
forward and so you know um get involved if you guys see something that you want you have a suggestion
for us let me know i am more than available like i'm basically just always in a group and available to
chat with casually um and that's like while i'm doing all of my other work so just reach out to
me don't i'm not unapproachable yet in the future i might become unavailable so take advantage of this
yeah exactly i mean it's it's yeah i mean we hope i mean i we all we all want the best right like we're
number 375 right now total with the mark like in the whole entire market and we've been climbing the
chains we i hope honestly i hope we can have this conversation one year from this point and we're
like in the top 100 you know it's not like we don't want success like we want success like we're doing
everything we can in our willpower and uh you just can't force things to happen you have to just do it
you know it's like that's what we're doing so like the comment about like ducking the question we're
definitely not ducking the question at all so anyways dude great conversation i'm glad that you can
make this hour you know happen and i'm sorry sorry for the loss and i hope you have a great rest of
your weekend and like and i got like i said i told you the other day i might be out your way
very soon so maybe we'll have to take some i know you might not want to dox yourself so maybe i'll
blur out your face in the photo but hopefully i'll be out your way soon if you do enough digging
you can find me from events or whatever i just i just like to chill but no man that'd be cool we can
have like a little get together i i've met quite a few people in this area that are like
real big crypto enthusiasts so it is what it is man i just hope i don't know if we're gonna do next
weekend um we're because it's like christmas weekend or whatever but if we don't and i don't
talk to any of you guys that are listening you got men and women uh you know merry christmas happy
holidays and if we do one we might do one during the week beforehand maybe we'll just do and um if not
man this has been fun it's been a great time i hope all is well with everyone everyone has a great
rest of your weekend take take care of yourself tyree let me just say one more thing we got total spud
said how can you not use a centralized exchange without a fiat on ramp in the comments and the
answer is you can on ramp and off ramp through kato dot money into crypto guys and we are we recently
approved a grant for kato dot money um for them to come in and build their on ramp directly into our
products so anybody can come in fiat crypto um even in europe you're going to be able to go with
like some small limits with no kyc like it's going to be fantastic so don't think that centralized
exchanges are the end game for everything right um obviously we are going to keep doing our damn
thing and making sure that our asset is available for as many customers as possible globally but in
terms of actually moving us dollars in and out even to usdc natively in the cosmos ecosystem kato
dot money is going to be the answer the rates are going to be right and that's going to help you come
and do defy directly without needing to run through some centralized exchange and even like take on that
counterparty risk for 10 minutes right i don't even want you to go through that for 10 minutes i want you
to get straight in and out non-custodially with no friction so that's that's the goal and and i'll leave it
there for today thank you haas and and thank you to everybody for joining today take care everyone
have a good weekend bye
