🎯 AMA || Aurority x Obvious ||🎯

Recorded: April 5, 2023 Duration: 1:02:40

Player

Snippets

Alright guys, let's get to rock in and a rollin. First of all, I want to go ahead and welcome Nerity. Thank you so much for joining us Nerity. We always appreciate you being here with us now guys. Let's also welcome Krish, Titanic, Ayosh, Blue Jack, Human, and
Captain and we also have Kinder in here as well. Welcome you guys. Oh and also welcome Kim Shy. Now I'm gonna go ahead and send a speaker request over to obvious. obvious you've been sent a speaker request please accept. Also a wash me town. I've also sent you an invite to speak.
(crashing)
(keyboard clicking)
(keyboard clicking)
Hey, hey folks here. Can you guys hear me?
Hey, we can hear you loud and clear. Awesome. Now I think there's going to be one more speaker right? I think it was going on you. Have you said have you accepted speaker request then you can probably leave and join back again.
that's obviously not to obviously to him. I was joining from his own hand. So if you can send it to him. It's he already in the room.
then what's his name Alexander? Here we go he's added as a speaker now all right let's go ahead
and get this AMA rocking and a rolling. So first of all, hi guys, I'm Landon, I'm a community builder here with Aurora. Now we update the latest information on Aurora about the ecosystem, we analyze data, we analyze projects, and we provide instructional content to support users on how to use and integrate into the ecosystem. Now with
out further ado. Welcome to the wonderful AMA with Obvious. Now let's go ahead guys and get started. You should can you go ahead and tell us a Ushan Hemaja can you guys go ahead and tell us a little bit about yourself your project and some of the members in your project and my apologies if I get your names a little wrong.
No, there is no where is he, Manchu. Do you want to start? Sure. Hey, Hi, Lenin. Thanks and you got our names absolutely okay. I'm a Manchu and I have I use I'm the co-founder of obvious and I will shlid's growth that obvious. We're really excited to be here in front of the priority community. Thanks. Thanks for
So just a quick couple of lines on obvious. So essentially we have a self-custody wallet that lets you track and transact. You put it across 17 plus chains from your mobile. So your mobile first, our main USB is the entire customer experience. While there are a lot of
They are not really built for average users, they are sort of built for developers and where the experience is extremely sophisticated and there is a massive learning curve. So we've set out two sort of solve for this.
And mobile only wallet which means we are not present on browser. And the whole reason we exist is to reduce the anxiety that a user has when the user interacts with crypto across any chain. So we are trying to solve that problem. We want to make it really easy to
is easy for users to transact natively within the app. We do that by integrating a lot of ways to transact directly from the app, making it really seamless. We're already live on the App Store and Google Play Store and have users in 100 plus countries. Just a quick intro.
All right, that's what I'm talking about. Well, there definitely is a lot of anxiety whenever it comes to wallets and learning crypto, especially for new users. So there's definitely a need for something like obvious out there, you know, by the way, I like the name of your guys this project obvious. It makes it seem like you know, it's obvious to use it, you know.
Yeah, I like that. That was an idea. That's a great idea. And yeah, there's really good to know that there's projects out here like you guys kind of trying to make that integration a little bit more easy for new users for sure. Now we are going to be taking some questions from the audience from time to time. I just want to make sure that you guys feel comfortable.
taking questions from the audience before we do. Yep, make sure to press on your burst end. All right guys, so we're going to go ahead and get this rockin' and of Rolvin. The first question is going to be coming from Kelvin, DKB. And that question goes like this. What are the most highlighted features in your
platform that can make it stand out in the market. Does it open for beginners or only for crypto experts? How would you welcome non-crypto natives to explore in your platform? Awesome. Let me take that and I usually feel free to add as the app. That's a great question, right? Which is
there are 150 plus wallets out there and what is our target audience right. So, the target audience for us is crypto natives which essentially means we are not going after someone who is absolutely
has no clue about crypto and we are also not going after absolute visions. We realize that there is this massive community in between who do understand what a crypto is but is in the process of learning a lot of things about crypto and don't necessarily want to deal with the hassles of the complicated
that comes with a really sophisticated, you know, developer wallet. So we are building for those guys and the kind of features that stand out for us is things like for example, we've natively integrated 17 plus chains and we don't require in our entire wallet.
You don't have to operate in the context of a chain. If you look at typically look at the other wallets out there, you are always operating in the context of a chain. You select the chain and then operate in that context, right? Whereas in obvious quality, you don't have to do that. A few other things that we've really simplified is
For example, if you have different variants of let us say eat as a token right let us say steak the the native eat token wrapped eat etc. What we do is we roll all of them up into the native token and show the balance combined together. So these are
small, small ways and then of course we have the ability given that we have users in 100 plus countries, we show balances and all other numbers in local currency. So these are all different ways that we simplify the portfolio part and for the transactions part what we've done is we've integrated with 40, 50
plus dexas and bridges and we enable like a two step or a three step transaction where we make it really easy for you to swap bridge cross chain swap your assets etc. So that you get your liquidity where you needed the most in the fastest and the easiest possible manner.
And as further I think there were a couple of more questions which is how do we welcome non crypto-nators to explore the platform? Well we do that by making the onboarding process really really simple. To give you an example, right, if you look at typically non-absolutely
non-digents right. A lot of folks have trouble either understanding what a seed phrase is for example or they happen to misplace their seed phrase and in the process sort of explore the increase or exposure to getting hacked etc. So what we've done is we've implemented
the industry first mechanism called a seedless recovery where a user doesn't need to be even aware, while it's a UA wallet, the user doesn't need to really even understand what their seed phrase is. We have implemented a shamed secret sharing based mechanism where you split the seed phrase into
three components, you can save one on your device, you can upload one part of the phrase to the cloud and you can share one with your loved ones, like your spouse, your father, mother, etc. And then if you happen to misplace your phone or if you happen to change your phone,
All you need is any two components from your email or from your loved ones or your old device etc. to just restore the seed phrase. So that way you don't have to note it down, take it down anywhere. You don't have to say where you are assured that you easily recover the seed phrase. So these are few ways how
Now we are really making it easy to onboard the next million users on to crypto. I wish we could add. No, I think this mostly covers it. I mean there's a lot more that also happens and obviously I think we'll probably talk about as this space goes on.
Alright, that's what I'm talking about. I'm loving these detailed answers guys. You guys are really giving me a really good picture of obvious and why it is truly the obvious choice to use definitely. And that's really cool too that you can kind of involve some of your family members you know, so just in case and things like that. It's really perfect.
Now let's go ahead and jump back over to "sable and sell is." Sorry man, that's kind of our name. Now we're going to jump back over to this question and it goes like this guys, can you give us a small idea about one or three killer features of this project that make it ahead?
of competitors. What is the competitive advantage your project has that you feel most confident about? Okay, thanks, thanks for the question, but okay, so I think he mentioned a bunch of them, I won't repeat it, but like
I can mention like I think I've used enough wallets to know that the transacting through them on the mobile app is very difficult and I think that is one of the things that we have done really really well right that seedless recovery seedless recovery is another feature that we're really confident I think I still don't think
many wallets out there have it or probably one of the first few ones to have it like you know that probably that helps you manage your seed phrase and this thing another thing that we that we think like we have done really really well is watch list wallets right a lot of wallets out there allow you
to add as many watchless wallets as you want but how we have integrated it in the portfolio and how we show it with notifications and everything is something that others have not done. So all you know there's a lot of like to address book. We also
have our own address book where basically after you have transacted with any wallet, we basically automatically add your address to the address book. So there's like bunch of these two, three things that make all in all like a way better than the average wallet out there. So yeah, I think I would say like that is what I
competitive advantages. Let me add on one small detail as well. So a lot of as we launched our wallets, we realized that security is something a lot of users take very seriously and for the right reasons. And a lot of people feel very comfortable
with their existing wallets but they needed features of obvious right. So to solve for that what we've done is we've integrated with all your favorite wallets beat, Metamaas beat, Rainbow beat, Trust. So what you can do in obvious is you can connect your existing wallets.
And and then avail every single feature of obvious but the transaction gets signed with your current wallet. So that way what you get is the both of best of both worlds where you get the feature set of obvious with the security of your existing wallet. You don't have to move your seed phrase into obvious.
you don't have to move your private key into obvious, you just continue to use your existing wallets to sign the transaction. So that makes it really easy for you to try out obvious without worrying about the initial security concern. And then of course as you find obvious a lot better, you can slowly move over your
if you need, if you feel free. So, or you can continue to use it as a connected wallet. So, that's one feature that I definitely think and it's not easy. I mean, it may sound easy, but it takes a lot of engineering to really get the integration with other wallets perfected. That's something we've really nailed a lot better than everyone else.
Alright, that's what I'm talking about. Now guys, we're gonna go ahead and jump back over to our audience members. Let's go in and look at the first person raising their hand, which is going to be...
big bends.
Big Ben's get up here. Please tell us big Ben's what is your question for obvious tonight?
Oh, guys, it looks like Big Ben's might be having some technical difficulties. Let's go ahead and jump over to Yes, we can Big Ben's welcome. Please tell us Big Ben's what is your question for tonight? Yeah, my question is
What are the challenges that Overseas have faced? The biggest challenge is so far. And how did they overcome these challenges? Okay, if you want to take this? Sure, I'll take that. Hey, that's a great question. I believe
given the number of wallets out there a lot of guys thing building wallets is very easy and in a certain farmer fashion yes it is it is probably not as complex to build a simple wallet as compared to probably releasing a sophisticated
financial tool on the chain. But what is really tricky is to getting the security model perfected. So, for example, one of our biggest challenges were how do we drive intelligence in the wallet while not having a
So we took our security features very seriously. So from that point of view, what we have is our entire wallet is device only. We store everything locally. We don't transmit absolutely any bit of information back to our servers. Personally identifiable information back to our servers.
which means driving certain insights driving certain smart features let's say contextual notifications etc becomes that much tricky because you don't have a server sort of computing some of these insights some of these intelligence etc so that has been definitely
One challenging aspect for us, where is how do we stay true to our security model, not compromising our security, and still providing users with relevant features. That's been one. And then of course second, what I talked about, which is how
How do we build a seamless integration with other wallets given our users preference to continue to use their existing trusted wallets? That involved really tight integration with protocols like wallet connect, to .o, incorporating new
of certain wallets like Meta Mask, Trust etc. So that has been really challenging one other aspect that has been extremely challenging so far. So these two have been really, that is something that we have sort of made sure we have spent a lot of time on perfecting.
I hope that answers your question.
Yes, that is all my question. Thank you very much. All right, big bens. Thank you so much for coming in hot with that awesome question. We appreciate you being a part of our community. Now, guys, we're going to go ahead and jump over to another audience member. This one's going to be
All right, Priest, you are now a speaker. Please tell us what is your question for obvious tonight. Thank you. I have a question regarding your market. Marketing is a central element, you know, for every project. So that everyone knows that
the potential that a project can bring a virtual to achieve the goals to set. What is 2023 strategy to attract the new users and investors to the projects? Okay, let me take that. So in terms of 2023,
So one of the bigger things that we are doing at this point is so we're launching a smart contract wallet very soon probably made of April and there's a bunch of activities that we have planned around that that will help us get new users that also includes increasing our company
community that we have at this point of time. But to be very honest, up until at this point of time, whatever people or whatever downwards that we have gotten, it's all organic. We haven't really done that form of marketing to get all of which is organic. It's people who like our product and they're doing it. So moving forward, it's not like we're gonna go ballistic on, you know,
trying to do too much marketing. We will likely do some activities here and there like we have a bunch of things planned for our smart contract wallet and we are in partnership with Bikonomie and there's Twitter spaces planned for that, there's AMS planned for that and there's some giveaways also as well that is
plan for that. So for the immediate thing that is going to be our goal and rest, everything as it goes as a word of mod will take that. Thank you. Thank you. Nice answer. Thank you. Go ahead and best wishes for your project. Thank you. Thanks a lot.
That's what I'm talking about, Priest. Thank you so much for being a part of our community. That was an awesome question. Now guys, we have another question, but this one's coming in from Archivin 7, and it rolls out like this guys. Can you talk about the security of your wallet? And how do you
ensure the safety of our funds. Do you have an independent security team to supervise by chance? Let me take that. So like I said, we take, it's very easy to build a wallet, but it's really difficult and I understand where the question is coming from. It's really difficult to build a
So here are a bunch of things we do right first like I said we don't have a server which means no data ever leaves your device it stays within the confines of your device so that's step one we just wanted to absolutely make sure we don't have
Any sort of logging to our backend servers at all. Second, we don't store or we don't ask for absolutely any personal information about the user. Third, the private key and seed phrases are all stored within the mobile device.
really secure manner and it is in fact in an encrypted manner and it is only and only decrypted using the user's own credentials whether it is fingerprint or the face ID. And then of course we have gone a step ahead where rather than being reactive
about security. What we decided to do was rather instead we said we will be proactive about security which means what? What it means is, instead of losing your seed phrase and then worrying about how do you sort of make sure the funds don't get hacked, we just made sure that we don't
ever expose the seed phrase to the user and for that we went ahead and built seedless recovery which means the user doesn't even have to see the seed phrase unless they really really really want to write. So that allows the users to split their seed phrases in three parts.
Again, the three parts are hashed, so they don't even see the three parts independently and they can construct the sheet phrase out of any two parts separately. Also, from a security standpoint, our app is audited by a reputed security firm and we really make
sure we take security to the highest standards. One area where I do feel we can do a little better which is today our app is not open source that is something we do realize will be a great step towards ensuring highest standards of security and that's something we are actively working on.
All right, that is an awesome answer. Again, we really appreciate the details and that answer, man. And that is awesome to hear as well because security is number one priority for this community.
community. So we really appreciate that awesome answer. Now we're going to be jumping over to another question, but this one's also going to be about a little bit about security in a different way.
Sure. Now, for this one, it goes like this. This one's going to be from Mirion 2002M. How does obvious, insured data privacy and confidentiality in its ecosystem? Can you discuss the interoperate interoperate interoperability?
features of obvious and how it facilitates cross-chain communication and asset exchange. Okay, so I'll take this one. So basically in terms of data privacy and confidentiality, if you have downloaded obvious app, we don't ask for any of
of your personal details. We don't ask for your email IDs. We don't ask for your phone numbers. We don't ask for any of those details unless you're using seedless recovery because in seedless recovery, we do have to ask your email IDs because that's how the process works. One of the pieces of the private case stored in your Google Drive.
We have to ask for your email ID for that. But apart from that, at no process, at no step in the wallet, we ask for any of your personal information, which is asked for your nickname that you can literally give whatever that you want. And that also means that we have no way to know that who is the particular user and what they are doing on our app, right? We can't pinpoint that.
So that extent like I mentioned earlier as well, we don't store any of PII or personally identifiable information with us like we again mentioned we don't have any server. So that like you know kind of maintains the data privacy and confidence in the ecosystem. The second part of the question which is
is how interoperability. So like we have mentioned earlier, so we have a proper transaction system which basically means that there are 17 chains on the app and you can transact across any of those 17 chains, right? Any token on those, all the token that we support on those particular chains, you can
So, there's a bunch of things that are happening
on the blockchain communication aspect as well. All right, that is really cool to hear as well that you guys don't like to collect personal data on people. I mean, anonymity is really key out there. It's really like,
Something that I look for in projects. So I'm really happy to hear that obvious is not collecting a bunch of data on its users that is awesome to hear as well. And it also sounds like you guys definitely know what you're doing whenever it comes to this as well. I love how you guys can break down these answers for the audience. So it's a little more understandable even for someone new to this. Appreciate it.
Now we're gonna go ahead guys and jump over to another one of our audience members which is going to be... Martin.
All right, Martin, it's your chance to ask your question to a team obvious. Now please tell us, what is your question today, Martin?
Looks like Martin maybe having some technical difficulties. So we're going to go ahead and jump over to
Kinderbots.
Welcome, Kinder Boss.
Uh-oh. It looks like Kinderboss might also be having some technical difficulties. Then next up we're going to have...
Alright, Lex and you are now a speaker. Please tell us what is your question for obvious tonight.
Ooh, looks like Lexin is also having some technical abilities. Oh man, seems like guys there's maybe some technical problems going on here for some of our speakers. Let's go ahead and see if we can find someone who won't have any problems. How about veggies?
Oh, hey Lexyn, you're a speaker now.
All right.
Let's go ahead and see if Lexan will speak. Lexan, at the bottom left hand corner. Yes, we can hear you loud and clear Lexan. Hello, how are you?
this is my question.
Can you repeat the question? I quite didn't understand it.
Hey, Lexin, could you get a little closer to your mic and repeat the question for us please? Yes, yes.
Recording to the low, the investor of the project has spent a cartoon rate of return from the investment in the share and how can Abraham Portfreet from your project.
If you are talking about investments in the project, so we don't have a token at this point. And if that was what your question is, so there's
like you can invest like you can hold whatever token that you want on chain but we don't have a token yet for obvious so that like I don't think any of the things that you mentioned practically applies to us. Does that concern your question?
Okay, all right, Lexan. Hopefully that answered your question. Now guys, we are going to go ahead and jump over to another question, but this one's going to be coming from
Jubade da! Now, Jubade's question goes like this. Launching projects in a bull run is much more profitable than during a bear cycle. In a bear run, where most of the projects fail and sometimes gone into oblivion,
How will obvious stand the test of time? What strategies do the project employ to mitigate possible losses? Cool. Let me take that. It's a very interesting question and I'm thinking how do I answer that but
So here is the thing, Jubeira, right? If you have a slightly longer horizon, you wouldn't care as much about a bullrun or a bearrun or on the contrary, bearrun
are a great time to build a solid product and a solid community right because in a bull run typically you are blinded and you are clouded by the market sort of frenzy whereas in a bear run it gives us opportunity
to build something that genuinely solves a problem for the end user that something an end user is really going to be excited about and that's the approach we've chosen where we are not relying on a bullrun or a parent to really make it out there
there, we would much rather irrespective of whether it's a bulldog or a bear run, we would much rather build a product that stands the test of time. It's not easy, absolutely right, it's not easy at all, but that's the mission we are on, right. So that's something we're doing. From the point of view of
strategies that we've employed to mitigate possible losses. One reason people typically face losses as as projects is when they launch token during the bull run and during the bear run those tokens absolutely lose their value because there is no inherent demand there is no inherent
utility for their project tokens right so we've stayed away from launching a project token at this point of time because we want to build something that has a very strong intrinsic value for our community and once we find that and once we build that out we'd be very happy to
to launch a token if need be, but today at least we are very happy just taking feedback from our community and spending all our time and energy into building a fantastic product for them rather than worrying about bull run or bear run because that doesn't really materially change anything for us.
Alright, thank you so much again for that awesome answer. Appreciate that now guys. We have a couple other requests that just came in. So let's go ahead and give them a chance. Alright, we have Nancy with us today. Nancy, welcome.
All right, Nancy, please tell us what is your question for obvious tonight?
Hello. Hello. Hello. Can you hear me? We can hear you loud and clear, Nancy. My question is, can you hear me?
and how the protocol would be worked in the future.
I think there was some disturbance in between. Can you please repeat the question? My question is, can you discuss any potential use causes or applications of a staffy protocol? We are disturbing and glitchy.
and how the protocol could evolve in the future. Can you hear? Okay. Okay. Understood. Himanshu, do you want to take that? I think the question that you asked Nancy was what are the applications for
this protocol with respect to liquidity and staking and how it could evolve. So Nancy it's not a protocol for example it's a wallet what it allows you to do is access various dApps on Web3 on really interesting chains like Aurora etc.
And it allows you to sort of take custody and exchange your tokens etc. So what for that we've integrated with various Dexas, Pridges, Swap, providers etc. But there is no protocol that we are building to facilitate this. It's up your
I have another question here. What is your marketing improvement this year and do you intend to do a search to other nations that crypto is not common?
Sure. So as a wallet, what are like our growth has been pretty phenomenal. We just launched in January and we already have more than 5,000 users who downloaded Trider app and are quite active. Today we have users in 100 plus countries. We are very happy to take our wallet
to all the nations that are emerging crypto centers. So absolutely, that's definitely a part of the strategy. Today our biggest markets are US, India, Dubai and Indonesia, but we are also gaining
training traction and other markets like Bangladesh, Philippines, Vietnam etc. So we are we are happy to continue to make progress on those markets. Okay thank you thank you, thank you, friends. Sure, thanks, Nancy. All right Nancy thank you so much for joining us.
us. Now guys, we're going to go ahead and jump over to another request that I see here from Frankie. All right, Frankie, thank you so much for joining us. Can you please tell us Frankie, what is your question for obvious tonight?
Hello, hello. Yeah, I can hear you. My question, how do you plan to retain long-term investor and the heart of the benefit of retaining them? Are you planning to move to another boxing in the future or launch your mandate?
This is my question. Ooh, Frankie, we've actually already received that question. Do you have another question perhaps?
Task is the most important thing in every business even in life. So can you please tell us what make user investor and customer felt, say find our working with you?
Oh, actually, Frankie, we've also gone over this question before as well. Frankie, I'm going to go ahead and give you a moment to maybe find a question that has not been answered before and get back to you. In the meantime, we have a question coming in from Jonathan.
and this one goes like this. As a newcomer, I have always faced difficulties in navigating through the UI of many platforms and these Clums UI have always been difficult for newbies. Is the obvious platform, beginner-friendly platform, and insure a hassle-free
and clean interface for users.
We are so much more than we thought.
was built for developers and that time because the ecosystem was very small. Now the ecosystem includes a lot more people, a lot more people of all kinds of races. Now the kind of wallet that is required is something that is very simple that does not ask you to switch networks that does not ask you to add
token that does not ask you to add any sort of chain token addresses or anything of that sort. So this is what we have been trying to solve for at office as well. So yeah, I would say it's completely platform, platforms completely, beginner-friendly and it ensures as much of a hassle-free and clean interface for people, it's possible.
And it's something of feedback that will receive time and again that this has been like really one of the most you know simplest wallets to use across all of those other wallets that they're like obviously there are a lot more but yeah that's it so hope this answers the question.
Alright, thanks again for that awesome answer. Now we have another question that just came in and it's going to be coming from Julie Sophia. And this question goes like this. I like this question. In the future, do you plan to develop some kind of staking or like farming program? Do you offer multi-layer
support for all non-English speaking communities. And will the platform implement the use of KYC? Let me take this. So the first question was, do we have any plans on adding farming or staging support?
So we do plan to launch opportunities to make it really easy for users to invest and on the staking rewards, etc. That's definitely in our roadmap. We don't have it currently, but
We just don't want to add it as a disconnected feature. What we want to do is build out a bunch of things before we add support for taking directs taking and we are in the process of doing that. But do keep a tab on this. We will definitely be adding similar opportunities
that you've asked for in the near future. Coming to the multi-lingual support, yes, today I think we support more than 20 plus languages and locals that you can look at your balances, etc. You can take a look at your entire portfolio in various currencies like Indian Rupi,
which is and then of course, you row and a bunch of other currencies you can use to take a look at the balances across the entire wallet in the currency you are familiar with including things like notifications etc. Everything is rendered in a local currency right.
We do have that end to end coverage for multilingual support. Today we don't need KYC in the obvious app because again we don't know who you are as a user. However, obvious the direction it is choosing is in the path of launching
credit card or debit card rather which is backed by your complete self-custody wallet, right? Obviously wallet. We expect to launch this card in the next few months and that does require a KYC. It's not compulsory for all users. If you do wish to have a debit card issued by a
bank which is backed by your obvious wallet, you will need to do a KYC. We are also looking at ways to eliminate the need for KYC. Once we launch the card, we will have a better idea. So that is something that is a working progress. But today, there is no need to do any KYC to use the obvious app.
All right, first of all, I just want to say again that I love the fact that you guys don't have KYC. I love it. And personally, I hope that it stays that way forever. I hope that everything in this day as anonymous as possible because that is an amazing gift to give a society.
sure we'll be so just to let you know let me we'll always have like 90% of our app always accessible without KYC just a few sections of the app if needed you could you could do a KYC and get access to that but that's gonna be optional. Love it love it absolutely love it now we are
marketing a couple more requests, but I do want to ask you guys my own question that I have that kind of just been sitting here kind of thinking of a question in my head and I wanted to ask it. It goes like this guys. So was there like a moment whenever you decided like, Hey, like I want to create this or like a what would you call that like an epiphany?
or like a uh uh there's a word but I can't find it like a pithney moment where you were like hey I want to build this like what what inspired you to be like I'm gonna get up off my butt right now and get started on this what was the inspiration even I'm
So let me let me talk about it. So it's not that one moment when you suddenly wake up one day and say hey I want to build this. So what happens is when I got into crypto for years back, right, it was okay for me because I come from a very technology background. I understand that.
technology really well. I was able to quickly understand everything. But what happened is when I started onboarding my family members, my brother, my uncle, my neighbors, my friends, for that matter, what I realized is even folks who are very proficient in technology
were having a very very very hard time because the wallet space was built for absolute hardcore techies right. So it was not it was not very lenient on the non techie folks right. So that was the moment when we realized there is this massive
gap in the market. And then of course as we started addressing the gap, we realized what the user problems were a lot better and we started building towards that. So it's not that one moment but probably over the course of six to eight months,
We realize that, you know, while there are a lot of wallets in the market, none of them are really built for the kind of experience that a typical average crypto user would need in the future. And that's why we decided to start building it, to be very honest.
100% I totally agree with you on that as a person who is pretty pretty new to collecting coins and and just getting into this you know I must say that when I did visit I came like name out other wallets but when I did visit a couple other wallets
It was a little bit daunting and it actually pushed me it pushed me more toward a cold wallet just because I felt so much like one mistake and it's all gone. You know what I mean? That's a fear that always lingers and for us it might be still okay but
But I can't imagine my neighbor living in that fear every single day, which is what we want to make it really. Just to give you one example, direct wallets don't have to FAA, second factor authentication whether it is OTP based or any other form factor of two FAA.
Why not? I mean today the amount of funds tokens you people typically lose because of getting hacked etc is just insane but but wallets still don't offer to FAS. So when we saw these gaps we thought why complain why not just fix it.
So that's why we decided to build this build office. 100% yeah, and you know what it really sounds to me to me like from what you just said it really sounds like you grew organically out of the fat just like any other like business that really ends up succeeding you grow organically out of the fact that there is a need for this.
out of the fact that no one is able to give what you're doing right now and that's the gap in the market that you're able to fill and that is awesome to hear that it went like that. Thanks a lot. Yeah. Alright guys, now we're going to go ahead and jump over to another question now. This question is going to be coming from
Angie, Angie, Julie, Angel, Julie, 7041. And it goes like this, can you tell us about the team behind your project and what is this speciality of the team and what makes them capable to build the project? Sure. Let me talk about that.
So with three co-founders, obviously, there are three co-founders and around 9 team members, other than 6 or 7 more team members, other than the three of us. So between the three co-founders together, we've worked at top unicorns across Southeast
Asia including the likes of Ola Capsion India, Grab, Singapore, Swiggy which is one of India's biggest food delivery app, etc. Collectively between the three of us we've seen more than a billion app downloads. We have individually 20 plus years of experience building apps and
them in depth which are a lot of unfortunately a lot of founders today don't have they have jumped into crypto from 2021 onwards just because of the hype whereas we've been in this space for the last five years we've seen the ups we've seen the downs etc right so we so and
to be very honest, if you ask me the only one big reason why we think we are more than capable than anyone else to build this project is because our understanding of users is probably because of our experience is just much better than any
we do understand what it means to build mobile solutions for this part of the world really well etc. And then scale it to the masses. So that's what we bring to the table and that's what we thought we'll bring
as an expertise to crypto and the good part is we are complemented with a wonderful team our engineers are absolute world class engineers our growth team is phenomenal etc. So yeah that's that's what makes us special to handle this challenge.
That is what I'm talking about. That sounds like you guys got a bunch of experience to be honest and that is awesome to hear.
Now our next question is going to be coming from ZM, ZS, import BD.
All right, ZS Import BDE. Thank you so much for joining us. Please tell us what is your question for obvious tonight?
Thank you so much. Hello, sorry. Can you help me? Here, we can hear you. For the network table I drop only one push in.
What is your target audience? Okay, so like as we mentioned earlier as well, our target audience are people who are somewhere in the middle of being complete new to being Dejan.
What we mean is that we are not going after people who are proper degenz and all because they are what they expect from a wallet is something that is very different. Similarly, we are not going after people who are very, very new to a crypto who probably just
got to know what a wallet is because like they can still use it's still a easy platform for them to use but we feel like they would still require some sort of basic understanding to fully appreciate what we are building at obvious. So we are targeting somewhere in the middle, someone who just has a basic
understanding of what crypto is, what a wallet is, what are addresses and till up to the people who are proper founders and whatever. So yeah, that's the kind of range that we're looking at for our audience. Thank you so much.
The S import. Appreciate you coming in hot with those awesome questions. Thanks for being a part of our community. Now guys, we're going to be jumping over to another question, but this one's going to be coming from 147 KITIC.
And this question is actually a really good question. It goes like this, "Can you specifically tell us what made you claim that its obvious tech wallet is the best wallet suited for Ethereum, Polygon, Arbitrum, Moonbeam, and Sello?"
I think I know where this question is coming from. I think it's from one of the pages that we've created. So yeah, like you know, again, like we've mentioned multiple times in this space. So we feel that we have one of the best wallets out there for any of those, any of the 17 chains that we support that include Zetiram, Pollyon, Arbitam, Moonbyman's.
cello is because of the interoperability we give for all of those teams. Like as mentioned in our portfolio we show tokens that are in different forms in different places, all of that we roll it all off the top and together and show it. Then in forms of transaction we have a very simple transaction
UI that can you know you can you can swap your tokens you can bridge your tokens or you can send receive anything of that sort on across all of those chains plus we have a very seamless DAP connect feature as well you can ape into any of the opportunities on Ethereum polygon or add bitrum you know just connect your wallet and you can
do that plus there's also we have an NFT portfolio section as well for those for NFTs on your this thing and if you have ever noticed like a lot of bullets like at least if you go to open cnc or NFTs it comes under the hidden folder but we show all of your NFTs
together as soon as you import your importer connect your wallet on obvious wallet plus there's an option to directly send an NFT from there or burn NFT as well. So like there's a bunch of things that like you know cumulative we felt like we have one of the best wallets out there for any of these chains that are mentioned.
I hope this answers the question. 100% Thank you again for that awesome answer. Now Aurora, I've also tried to add you as a speaker guys welcome Aurora. Thank you so much for joining us. Feel free to go ahead and jump on to be a speaker
Aurora if you would like. I have a Senua request. Now we have another question and this one is going to be coming from one of our audience members that's called the Moon. Alright the Moon, you are now a speaker. Please tell us what is your question for?
obvious tonight it looks like the moon might be having some technical difficulty
So we're gonna go ahead and jump over to... Rock. Alright, Rock. Thank you so much for joining us. Please tell us what is your question for obvious tonight.
Looks like Rock is also having some technical difficulties. That's all right guys. We got one last question jumping over here and this is gonna be the last question for the night guys. This one's gonna go like this. It's coming from Jenny Kim 11111. What do you think is the next development?
trend of the crypto wallet industry and what makes you think that you were the first to integrate that technology? What are obvious development goals for the next six months?
Okay, so I think there's something that so early on while building obvious I think as a team Founders also took this call that will very will be a mobile first wallet that means that we are not that will not be launching our Chrome or any of our browser extensions right and
And that is a very big bet to take because at this point of time, like most of Web 3 is Brawzare, I would say like almost all of Web 3's Brawzare Bay is most wallets out there have their own Brawzare extensions but it's something of a call that we talk that we will not be launching Brawzare extensions because it's the experiences clang
clunky plus it has a lot more security issues with respect to fishing and everything. But what we are seeing now is that that bet might have taken off like we are seeing more and more dApps launching their own mobile apps as we saw with like Uniswap also launched
their own mobile wallet as well. So there's a trend that we are seeing that the Web 3 in general industry is becoming mobile right. I always trying to become mobile and I feel like that's the right direction to take because it's only when Internet also became mobile is only when it can scale. So because you can't
have a small limitations and you can't expect to be in front of your laptop all the time. So that's one very interesting trend that we are seeing. The another is something that has been quite the hype right now which is account abstraction.
The traditional EOA wallets have a lot of issues, the UI is not great. There's too much heat freeze management, there's limited functionalities that you can do with it. And a count of structure kind of helps a lot of that go away. That is another bed that you are taking.
of the first few wallets in this space to actually launch that we're going to launch a smart contract wallets soon and what that will enable is that you can pay gas in whatever fees whatever tokens that you want. So you don't don't just have to pay tokens gas fees in the native token you can pay it in whatever tokens that you want will you can set
of transaction limits, you can batch transactions, there's like a bunch of things that you can do with a smart contract wallet and we have one of the first few ones to integrate that. So yeah, in terms of development goals and everything like this is what we have in store for AT for the next four-sable three-form months and there's other development that we keep integrating as in when there's
and I am sure that the community will be looking forward to obvious events in the near future. In addition, you can participate in many other great community activities organized monthly by obvious. I believe it will be very interesting and exciting so get in there. And we have another event for the community so follow me to get a chance to receive their award
and explore the ecosystem. Now we had a great Q&A session today with a very lively community and I just wanted to go ahead and thank you guys so much for being here today. Thank you so much to the obvious team. We really appreciate it. And I wanted to go ahead and give you guys maybe a last word before we leave so you guys can maybe say something to the audience before we sign off.
Hey, I'll just thank the audience. I think you guys have been great. The questions were just really amazing. Thanks for the really good questions. We do hope to serve the Aurora and the Aurora community really well.
Please use the app, please provide feedback, you would love to keep on improving the product for your usage. We'd love to hear back from you guys. Please join our discord, follow us on Twitter, reach out to Iushoreme. If you have any feedback, we'd be happy to iterate on it.
Looking forward to working very closely with the community. All right guys, that's what I'm talking about. Now this is a rorty and landent signing off. Take care guys. Wherever you are, have a great day or night. Bye everyone. Thank you. All right. Bye everyone.