๐Ÿ“AMA || Aurority x Radom || ๐Ÿ“

Recorded: April 24, 2023 Duration: 0:54:48

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Welcome everyone. Welcome Kim Shai Nakam. Ginger ale. Cheed. Eunice MF. Fijiz. These fool now fool.
Hey Scott, I went ahead and sent you a speaker request. Go ahead and accept it.
All right, perfect now we're just waiting on one more speaker guy
Hi guys, how's it going? Going good. Alright, so we're just waiting on one more
speaker as well. I've sent out a speaker request to random network as well. So we're just waiting for their reply.
All right Scott, I think that Radum Network, I'm not sure if they're going to join with us today. So I just wanted to see if you maybe feel comfortable starting without them. Yeah, absolutely. I'd love to start. All right, let's go ahead and get this AMA rocking in a rolling guys. So first of all,
Hi guys, I'm Landon, I'm a community builder here with AuroraD. Now we update the latest information on Aurora about the ecosystem. We analyze data, analyze projects, provide instructional content, support users on how to use and integrate into the ecosystem. Now without further ado, welcome to the wonderful AMA with Radum.
Now can you please introduce a little bit about yourself, your project, and maybe some of the members of your project's got? Absolutely. My name's Scott. I'm one of the co-founders at Rodham. Rodham is building something really cool on Aurora. We're building out a payment system that allows subscriptions, usage-based billing, and
of the tools that you might find with your traditional sort of payment processors in Web 2 but for Web 3. We think it's a really important thing that Projects Building on Aurora will have the ability to actually generate revenue in a way that suits them. So we build out a suite of tools that facilitate subscriptions and
A suite of tools that not only allow these types of payments through our APIs, but also using no code solutions. And a bit of background around our team. So I'm Scott. I'm one of the co-founders obviously. And I operate on this sort of operations side of the company, but our team is founded by a series of
Web 3 and Web 2 Tech Natives. They all used to work at startups and major companies out in the US and in South America. So our CEO Chris, over 10 years lead engineering experience, our CTOMARL used to work in many fine companies and startup companies based
I would encounter on Silicon Valley and more mostly just an engineering lead company on a financial lead company. So our focus is in streamlining payments and enabling crypto users to actually pay for all the products and services they love on a monthly basis using their wallet.
All right awesome. It looks like that we also had Radom join us welcome, Radom. Yeah, I was ago and it's so it's Chris here. The CEO of a Radom network as well. So yeah, hello.
All right, that's what I'm talking about now. Did you also maybe have some stuff that you wanted to say about Radom to our audience during the introduction? I mean, yeah, I mean, it's going to summarize it quite well. I mean, what we're sort of building out is a payment system, the payment gateway for companies that want to sell products.
for cryptocurrency. So what sort of built him without is a checkout application. We also recently announced a release of Rotem Terminal as well. Terminal is an application that's built for sort of tablets
and POS terminals so that you can actually sell things over the counter physical goods. So for example, we are launching terminal officially at an event that's coming up on May 12th in San Francisco and that's going to be centered around us
selling cups of coffee for cryptocurrency. So you probably noticed if you've ever attended a web3 conference or event, typically you still have to pay in cash or by credit card. You see a lot of square terminals, a lot of clover
terminals. We're trying to sort of turn that on its head as well. But primarily our main business focus is on being able to help companies in the e-commerce space, SaaS companies who are selling subscriptions, companies that are offering
Products that are usage based for example API products and other technical products where people sort of pay as you go And we offer that as well with our usage based billing so we have quite a lot of support it all comes through one place if you want to check us out
is a dashboard.ratm.network and you can sort of get up and get set up and get going with one of our no-code solutions and set up a checkout pretty dumb quickly or start sending out invoices pretty quickly so yeah feel free to check us out.
Alright guys, go ahead and check that out. Now we are gonna be taking some questions from the audience today, so I just want to make sure that you guys feel comfortable taking questions from the audience as well.
Yeah, absolutely. Yeah, for us. All right, that's what I'm talking about guys. Awesome. Now, one of our first questions is going to be coming from Billy 05 and it goes like this in 2023, what are your top three priorities? Could you tell us about your plans for the future year?
Yeah, I'll be there at the fair this quarter now.
So our focus on Rotem is really about creating exposure around crypto payments with major brands and companies all around the world that are actually topping into crypto and FTs on the space that is Web 3. So one of our biggest priorities is creating more
to learn about what we're doing and enabling these brands to figure out how crypto works, how they can get involved, and how they can integrate it to actually begin accepting crypto payments. Another one of our major priorities is streamlining the user experience.
So we're really focused on helping users check out with crypto using their self-custody wallet in a way that's seamless and helping you know, onboard the next one billion users. It's quite a popular sort of term that's in the space right now people keep saying it. How do we onboard the next one billion?
So that's one of our biggest focusses and priorities is UX, design and product focus. Our third biggest priority is just getting more people using crypto and getting more people accepting crypto in general and helping
helping web 3 companies to generate revenue, helping web 3 companies enhance their business and their protocols and their projects using Radham and helping grow Aurora because Aurora is a great ecosystem. The near ecosystem is also great and we want to help all
of the projects building on Aurora to actually grow their business, grow their projects, and have a dedicated user base and customer base that's using their decentralized application or their products, who are always coming back because they're paying customers.
Absolutely. Now we just had another question come in from Master Looper and this one goes like this, "How do you think Web 3 payment solutions will scale in the next few years?"
Yeah, so I think in terms of scale, scale can only be achieved when you simplify things. And I think a lot of sort of payments right now is very manual and very stagnant. A lot of the sort of crypto payment solutions
that are out there right now require users to make a lot of effort just to pay and it takes a lot of effort for merchants just to cash out and integrate these systems. So I think the biggest sort of Wayne which Web 3 payments are going to scale over the next few years is in that U.S.
process, it's going to be in enabling users to check out seamlessly without even knowing in fact that they are using a wallet. And we're seeing this already with things like account abstraction and we're seeing this with companies like Web3Off that
are enabling users to use their Google accounts, their Microsoft accounts, Discord, GitHub accounts to create wallets and manage them without having to store their private keys. So I think the big focus in Web 3 payments is going to be a very much in line with the focus right now in the space
of account abstraction and onboarding users who are not crypto native. So the payments process will have to include this functionality and it will have to be really simple and seamless. And it's going to be about how do we get people to on-ramp easier when they do
OnRamp, how do we keep these onRamp fees extremely low? And how do we enable users to pay for products and services in crypto without actually even knowing how to manage a wallet? I think these are the most important points that are going to be the keys to scaling out Web 3 payments over the next few years.
Yeah, absolutely. I totally agree with you there, especially with the wallet one, because even recently, like I recently started getting into collecting some crypto. And I must say that the onboarding process for learning how to use a wallet was actually more daunting than I thought it was.
would be. And I also thought to myself, well, if I'm pretty good with computers, and this was daunting for me, I can only imagine how it must feel like to be someone who is not so good at computers or just okay with computers and attempting to do this while feeling safe at the same time.
Yeah, absolutely. And if you look at the history of sort of password management, right? You know, in the old days, people would write down all their passwords or they try and memorize 20 different passwords or, you know, you'd have the same password you use across all your accounts. And obviously that was insecure. And then you have these password databases that came around these
offline password managers that people began to use. And then companies like Google came along and they had their own password manager in the browser itself that would be stored wherever you went and synchronized across all your devices. And so Apple did the same thing. And then they came out with also Google single
sign on and you can sign with your Apple account so you don't even need a password manager at that point. You just need to have the Google account or the Apple account. And crypto was very much starting with that same kind of way, you know, with private keys and we're already seeing companies like Web 3.0 and other
providers provide these solutions which basically enable you to just like you do with any of the other accounts signed in using something you're already familiar with. I'm not going to help a lot of users get into crypto without the fear of wallet management or the fear of losing their key, etc, etc.
Like one other thing and just to jump in there is, you know, the way in which current payment gay ways work and also central exchanges in general is their typical Ecosodian or by default they're custodian so they're holding your funds on your behalf.
And what sort of account abstraction does is it actually allows you to hold a balance specific to a product. And if you sort of think about the web to world, a lot of people might have a revolute account or a transfer wise account.
where they might have funds in their PayPal wallet. That's very common. You've got these different balances across different products and being able to log into an application with your Google account and actually have a balance that is held against it just for that product helps you isolate
those funds as well, specific to the product, whilst at the same time you have the safety of it being self-custodial as well in a sense. The way in which it typically works with Web 3.0 is that one share is held in a
a database which is sort of owned by the company who is serving you the product, in this case it would be ourselves, and then another share of your private key is being held within the Web3 Node Network. So it's being held in our decentralized network which is
by you know, Web 3-Earth, Binance, Coinbase and other major companies in the space. And then one share is held by yourselves. And the great thing there is if you do lose access to your own share, which is being held in your
you still have a way to recover your account, your account's not lost, which is a major, major benefit. Whilst at the same time, you know that nobody else is touching your funds because you need those two shares at a minimum to be able to actually put together that private key. So that's one major benefit
benefit and then you have that isolation of your funds specific to a product and just that ease of use as well. If you're an entry-level user in Web3, it's highly recommended that you seek services where they have that Web3 all support.
Absolutely. Now we're going to go going ahead and taking a request from one of our audience members. Let's go ahead and give Joseph Don a chance to ask his question.
All right, Joseph, you are now a speaker. Please tell us what is your question for "Ratim" today?
Hello, sir, can you hear me?
Loud and clear. My question. Do you, Tuggenhuller, have right to participate in the governance of the POJET?
So, I present the Rodama's no plans for the launch of a token. So that's something that's being pushed back on our roadmap. We'll likely not be releasing a token in the near future.
What we do have in place we do have governance around or small contract layer and that can be seen at gov.rout.network and you can see that this sort of process of updates to that small contract layer but it's something that's done internally.
between employees and sort of founding team members of Radham where we each hold a share in that governance process and that that's really for security number one because obviously you don't want to sing
person being able to make updates to that small contract where not just because of the trust required for that but also you know you never know somebody could be held at gunpoint or something ridiculous like that but then on top of that as well it's done for transparency reason
So updates to our contracts are done with delay. So if you're worried about any code changes or updates to that small contract layer as a merchant, you don't agree with, let's say, a change of fees or the change of the way the
which are more subscriptions work or anything like that than you have obviously, you have plenty of time to look at those updates that are coming in and decide to discontinue your usage of our small contract layer and our wider services.
All right Joseph. Thank you. Thank you so much. And now just to sort of jump in and reiterate, you can view proposals as Chris said and changes on gov.ratom.network.
All right guys, make sure to keep that in mind. Now we're going to be jumping over to another question from UNASFF. What regulatory risks can affect radium and what regulatory approvals does radium need and how far is the progress?
Yeah, so it present. We're not aware of any regulation that that's sort of required. Reason being all of our transfers of funds are done on chain. And obviously we don't take custody of any of those funds.
the one's they received by the smart contract player they're assigned to the recipient wallet which in that case would be the business that is you know sending out an invoice or a business that is issued a checkout session to one of its users or maybe just you know one of you guys listed
If you send out a payment link to your friend, do always you $100. They pay that payment link. It comes into your, your rat em balance, but it's directly owned by yourself. The small contract ensures that nobody else can actually touch those funds.
So in that case, it's really a layer that's built on top of your sort of standard ERC20 functionality. Your standard token, fungible token functionality where you can make transfers. However, there's a subs, you know,
a layer built on top of that that helps support subscription payments helps helps us when we're analyzing those transactions off chain detect where they're coming from and who is sending your money and if they've you know paid
the amount of money that is expected and also supporting some of those more complex billing cases like that usage base billing that we were mentioning earlier or if they've paid a specific invoice that you've issued. So it's really a wall
extension for Ethereum. That's our Ethereum-based blockchains. That's what we're sort of presenting ourselves as, but we provide the features of a payment gateway. So right now from a regulatory standpoint, there's nothing to really stop
people transacting on chain and doing that through that smart contract layer. In the future we don't know what the sort of regulatory space holds but we're trying to stay up to date with that. If we are going to release a fair payment and it's
something that we do have on our sort of mid to long-term roadmap. Then of course we'll need money transmitter licenses in each US state. And there are some companies that we're currently looking at for payments in the UK and Europe.
All right, guys, there you have it. Now we just had another question coming from master looper broadly speaking. What is the current outlook for the crypto payment niche and what are the challenges in the short term?
Yeah, I mean, I think the I think the outlook is it's definitely beginning to pick up especially from sort of web three companies that are looking to monetize this space over the past sort of five six years definitely did not have a focus on
on revenue generation. It was very much a focus on how can we pump a token or how can we push as much marketing around a project so that we can inflate the price of a token and sell it, sell
it off to retail and then retail gets left holding the box. That's quite literally what the majority of VCs in the space were thinking. It's what the majority of founders of projects were thinking is how can we push the
value of a token up as high as possible through hype. There's not and still is not a lot of companies in the space that are really focused on revenue generation, but there's definitely been a shift in focus from investors in a very positive one.
So investors are now looking for companies that are looking to generate revenue and create a real customer base, a paying customer base and not just web 3 companies that are looking at sort of pumping and
and with that comes the need for a proper payment gateway. Typically it comes the need for the ability to either have pay as you go services or subscription
base services and that's something that Prattum's sort of bringing to the table and as far as I understand where the only ones out there on chain right now with functional subscription payments and where definitely the only ones out there with the usage base billing.
All right, that is awesome. Now we have another question from BabyCorn33 guys and it goes like this. Can you describe in detail the current development efforts, the market expansion plans, the expected applications, and when they will be commercially available?
Scott. Yeah, so, Rotom is currently commercially available. Anyone can access our decentralized application at dashboard.ratom.network. And the development is ongoing because we're always bringing in new features and new
products. Currently with Rodham we have a bunch of products you can use. So you can use our payment links which provide a way for you to accept crypto payments without using any code whatsoever. You can generate a payment link and send it to any of your friends, any of your customers on a
and other respective EVMs as well. You can accept both one-time payments on subscription-based payments and you can even accept metered payments as well. You can also use Rodham for invoicing. We also, as Chris mentioned earlier, have Rodham Terminal, which allows you to accept in-person
payments at the point of sale. So if you've got a pop-up shop or you've got a retail store, you can accept payments on there. And as well as that, we have our hosted checkout solution live and ready to go. Anyone can use it at dashboard.ratm.network, which allows any e-commerce based business to accept payments for their product.
and crypto. And we're constantly adding new products and features to Radham. We've got a lot more analytics features coming in which will allow merchants and vendors to really break down into detail where they're doing well and where they're going wrong with their payments and their
products. We've got a lot more features coming out around checkout in terms of optimizing the way in which users see which tokens they can pay with and how they can lower their gas fees when they pay for products. And again, we're always just
continually adding more features and products. And we intend to expand across every type of payment vertical at Radham. We want to be the full suite payment solution for crypto for any business. So whether you're a startup company or an enterprise company,
be there to support any type of form factor when you want to accept a crypto payment. Whether it's in person, whether it's an online subscription plan, whether you want to send your customers marketing material through social media and convert them through newsletters will be there for you. You can use our product in so many different ways.
I can't even explain it on the AMA right now, but there are so many different ways to use Rotten just start checking it out and start using it. All right you guys you guys heard it here to go ahead and check that out get in there. Now I had my own personal question for you guys. Hopefully that's okay. I just I had a question kind of
coming up off the top of my head. I was just kind of thinking, I was wondering what inspired you guys to start, Adam, and if there was like a eureka moment or like something where you were like, whoa, like that should be created or someone should be working on this. Or if there was that kind of moment for you.
We actually started out with Radamoo's. It was very much a IoT-focused product. We were looking at device leasing for IoT. There's a couple of things we realized along the way with that.
Number one was IOT in blockchain still another five, ten years away. Number two was there is no real way to do leasing because the subscription payments didn't exist. So what ended up happening is we built out a product that was both
IoT focus, but we spend a lot of time on actually getting subscription payments to work, getting stream-based payments to work, building out our own smart contract wallet, which is not currently released, but is on a roadmap to be
really very soon. And we sort of realized that the main value of what we created and the main thing that was useful for the space right now was the ability to help people actually support those complex billing models. So it'd be able to
support the subscription payments to support the usage-based billing and to actually have a checkout to have invoicing that works and to actually have integrations where they could support e-commerce payments for Ethereum
blockchains, ass product payments, mobile phone subscriptions and also just sell goods over the counter. And we really just came to us that that was where the biggest value was
within our product stock so we shifted focus towards that completely and as a result of that it's been very successful in terms of businesses that are onboarding to RADAM and we're sort of very excited about what the next couple of months is going to hold.
Absolutely, that sounds awesome. Now, I wanted to go ahead and jump over to one of our audience members now guys. We've had Kim Shire for a while. He's been wanting to ask a question. Let's go ahead and give him a chance to ask his question. All right, Kim Shire, you are now a speaker. Let's see if he jumps up as a speaker.
Alright, maybe Kim Shiesh is having some technical difficulties. In the meantime, we're going to be taking a question from Blueberry 3K, which is which part of the project are you most focused on?
on right now and how many killer features of your project that make it ahead of the competitors. Could you tell us maybe two or three features of the project that make it ahead of the competition?
Yeah, I would say there's a couple of things really So the primary feature is the usage-based billing ability to charge your customers wallet but a wallet on file and to be able to charge it as they use your service and
I've customers to be able to check out and come and set configurations that actually work for them and fit them and is very transparent towards them. I mean, we all know if we put a, if any of you have ever put a credit card on file with a company and seen random charges come off usually.
particularly happy about that but if you have transparency over when a company can charge you and up to what budget they can charge you for on let's say a monthly billing period that's something that's something we're able to offer and I don't think anybody else in the space has been able to offer that
for businesses or for consumers. Another big thing of ours as well, and this really is for the consumer side. As mentioned earlier, we do have a small contract base. We'll let that work going to be releasing in the next few months. And that along
side with that comes zero gas fees. So you want to use FUNJER wallet and you subscribe. It's very much like the one-click checkout that currently exists with Radim except your FUNs are actually moving from your Radim based wallet.
to the business that you're purchasing a service or a product from and there's no gas fees on that one's set up your subscription so that's something else that we sort of have coming up in the next two to three months and alongside that we'll be releasing a
releasing our rod and wallet application which will function very much like PayPal wallet you might have used in the past and the webtooth space except it will have more crypto-centric features built within it. So I'd say those are sort of two main
differentiated as that, that even other other companies that are building in this quite niche space don't currently have. And then in terms of what we're very focused on right now, we're really focused on the merchant experience. So when businesses sign up to that dashboard, we
want them to have all the information that they need. We want to make sure that our infrastructure is functioning correctly and we make sure that we have 100% SLA uptime and alongside that just being able to provide the customers a great experience at checkout is
obviously some market leaders in the web to space, Stripe would be the big one. If we can even get as half a good experience for our consumers as Stripe have on the check outside, then we'll be very, very pleased.
Alright guys, there you have it and yeah, that's definitely important whenever you check out the one or you want it to be a smooth process So that'll definitely be something very important in the future keep an eye on now pertain 36138152
has a question you guys and it runs like this. Can you provide some progress on your roadmap? And what are your aims in the next two years? Where will Project Radum Network be after two or five years according to your roadmap?
Yes, I mean in terms of where we're going with the roadmap right now as mentioned the consumer side wallet will be released in the next few months that will come with a zero-gusts fee feature in terms of other things that we're sort of working on.
It's definitely around improving that user experience. We have the release of Rod and Terminal coming up. That's the POS Terminal based product for selling physical goods in a store. That's something else that we have coming up. We do also, we are all
also working on host and subscription management. So the ability to with zero code provide a page for your users to be able to come in and manage their billing if they want to cancel a
plan, if they want to upgrade a plan, if they want to view their previous charges, that's something that we want businesses to be able to do without writing a single line of code. Right now, if they want to support that, they have to go through our SDK.
or directly through our contracts using the APIs. That's something that's a little bit complex and you do need to have a good bit of Web 3 developer knowledge to be able to sort of wrap your head around.
at least some good JavaScript skills if you're using the SDK. That's not something that we really want businesses to have to worry about when they're supporting payments. We want this to be a seamless process that a business can get up the grunning with within a single working day. And that's really
really where features like that hosted subscription or hosting billing management page come in for the consumer side. And there's a lot of other products that were sort of were focused on around things like that, which just improve the user experience.
Yeah, I mean in terms of what the next two years hold, I think we're sort of taking things by here and basing a roadmap a lot around what businesses are coming to us with, whether it's niche use cases that we want to help support because we
We think there's a great value add or whether it's just basing new features or improving existing features based on business feedback or consumer feedback. That's something that we're going to be looking at for the next two years and really just improving our product iteratively.
Alright, awesome guys, we definitely look forward to the future. Now, Marco 35JLLE coming in hot with the question, go in like this. Market strategy is very important. So what are your marketing and promotion plans for the future?
Yeah, so marketing wise our biggest focus is in providing our value and information and guidance to merchants and exposing them to the product. So rather than more the course of the next few months, we'll be releasing
new announcements about new product features guides on its what company website and blog about how to use the various products or item YouTube guidance videos which actually walk people through how to use the product we are always implementing and improving upon our docs which help develop
and the ecosystem use Rodham in a better way. And we're getting more and more active on Twitter. We're tweeting a lot more now. And on LinkedIn as well, we're getting a lot more activity. We also release on a weekly basis our company newsletter.
So if there's anybody out there that wants to receive weekly information about Radem, new products and feature sets and announcements, you can send up to our newsletter on our website. Make sure to follow our Twitter where we post daily about new features, new product releases, new partnerships, etc.
And also if you're more business focused and you work in the space, make sure to follow us on LinkedIn where we have more sort of professional tailored content. And yes, so marketing is very important and a ratum has been sort of giving up its marketing over the past several weeks and will continue to do so.
I don't know if you would agree with me Scott, but I would say we've been kind of a cocoon mode with marketing. It's something where we've not really been putting a lot of focus on it. Obviously, we have a very B2B sales led business.
And also we're very engineer and led as a company so we spend a long time getting our product and getting it ready for that release. We obviously we just launched the last couple of weeks. We're still spending a lot of time helping some of the businesses that we sort of
have on, have ready to come on to route them. We're still helping them integrate, but we're now spending a lot more time focused on marketing. And that's going to be a big, big thing for us going forward. I know. Yeah.
Yeah, we're really focused on providing value for marketing right now We have a lot of clients that are integrating right at the moment And we get questions from them all the time, you know the same questions About whether it's about how to manage a company wallet
or whether it's about how to integrate this or what if my customer does this? All these different types of questions and they come up again and again. We're providing those guides and those materials for those new customers on those existing ones to be able to just go to whenever they need that information.
So that they don't have to waste their own time figuring things out for themselves. And as Chris said, yeah, we have been sort of cooking mode and marketing wise, but we're sort of blossoming out now and we're really, you know, honing in on our brand. And I think the messaging is getting out there more clearly.
early that we're sort of a tier one payments product in the space and that we, you know, our message about self-custody, about both customers and businesses managing their own funds in crypto and being more self-empowered is getting out there now, which I'm really happy to see.
Alright guys another awesome answer now we just had another question from Rabbi 3k and it rolls out like this guys your project name seems to be very interesting does it have any story behind it and can you share with us the inspiration
the inspiration for approaching to this name. Yeah, I mean, we, as I mentioned earlier, we added the names quite random, pawn, pawn. As I mentioned earlier, we were very IOT focused
just product in the early days and one thing that we utilized was the ERC721 standard quite frequently within our original smart contract we have for IoT and we decided to name it after one of the inventors of
standard Witteck-Rodomsky from engine coin. So that was really the weather inspiration for the name came from and it just kind of stuck. I will say a lot of people confuse Radham with Radham
them when they read it. We left it the way it is and we're starting to get bond recognition now. We don't really want to change it. We always have a good laugh to ourselves when somebody is calling them instead of rodents and I usually don't correct them.
That is pretty fine. That's pretty awesome. I like your guys' name actually. I think it's pretty cool. Now we have another guest called Justin Matthew. Welcome Justin. Please tell us Justin what is your question today for Radham.
You are audible. Yeah, okay. So my question is partnership is always an important factor for every project partnership you guys doing is great one. So how can we individual benefit from it? Coming for for our
We're B2B led, so we sort of sit behind the scenes and besides that sort of consumer usage on the checkout itself. So a lot of our partnerships are typically centered around
increasing the functionality of our product or if not it's us actually assisting those companies with processing payments on chain. So you know whether you want to call them partners or customers of ours we typically
We typically like to treat them as partners because it's very much mutual during the integration process and we try to help our partners as much as possible with getting set up with reducing turn rates at checkout, reducing cancellations on subscriptions
just from BOD user experiences or just ensuring that they can build their customers in the way that they actually want to build them in the way that actually fits their business model. So I wouldn't say that there's a great deal of
benefit to the consumer directly but indirectly just having more products and services available that you can actually purchase for crypto is a big big thing. Imagine if you can subscribe to your Netflix account with cryptocurrency and you
don't need to off-ramp at Cryptocurrency. You can pay your phone bill with Crypto or walk into a store, you've got your trust wallet or your Metamask on your phone and you're able to go and purchase a coffee, you scan a QR code and you get taken to a rat and check out and you just hit that pay button.
That's really, that's how the consumer side is going to benefit. And if you are somebody who's running a business and you're listening in, I can't recommend enough. It's 2023 now. It's time to start supporting crypto.
Yeah, and to hard on top of what Chris said, we are Adam, we build everything in house. So, Adam doesn't hire sort of outside contractors or anything like that, everything we build is in house. And whenever it comes to a time where we don't want to build something because it doesn't
make sense for us to build, we partner with other companies who are experts at what they do. So, Radham doesn't do your typical standard bullshit partnerships, which happen quite a lot in space. We only partner with companies that can provide value to our users and our customers.
customers or we can provide value to theirs. And sort of recent partnership that we have, which is really important for us, is our partnership with Synapse. They're a KYB, KYC AML company based out of France that do a lot of great work. And they're helping us
to provide our customers with the ability to do sort of AML checks and things like that. And that's somewhere we're not focused on that side of things. We're focused on the payment side of things. So it makes more sense for us to partner and it makes more sense for us to work with somebody else. And that provides value to the CFOs using our products.
So, you know, partnerships should be meaningful and they should be a long lasting relationship and they should provide benefits for both companies. And that's what we sort of think about partnerships. Yeah, yeah. I mean, that's one thing. I mean, if you head to dashboard, it's going to raise a really good.
point here. If you go to Dashboard or Rotten on network and you take a look at our list of integrations that we're sort of building out, some of them are with major SaaS companies. We were not specifically potted with them or anything like that. There's so much bullshit.
Web 3, I'm not going to bullshit you. But there's a lot of companies that we are building extensions for or are building extensions for Rodham that we're partnering with. Another example would be Purify with their AML bot service. That's another
another one where they're offering KYC and KYB services and we have businesses coming on board who want to use them to be able to actually run KYB checks on businesses that they're invoicing or that are going through their check out. The same for
companies like Blockham, Blockham does chain analysis on addresses that might have stalling or money laundered funds and by integrating them we can come out with a service that's similar to Stripe Redo built for Web 3.
And there's plenty of, you know, there's a long list of other companies. I won't go into into each and every one of them, but there's a lot of companies that were we're working with to sort of enhance the core functionality, but a lot of the times it
specific businesses that are using Radham to sell goods and services that are using these companies to sort of enhance that feature and that's where the partnership and that's where the integration sort of comes in.
Yeah, thanks. All right, Justin. Thank you so much for joining us, man. We appreciate you being a part of our community and thank you so much for coming in. How with that awesome question now we have.
Another person here with us is name is James, ETH. James, you are now a speaker. - How did you do that? - We saw James. What is your question for Radham today?
Hey James, you are now a speaker.
Hey James Hmm, maybe James walked away from the phone for a couple minutes. Let's go ahead and jump over to a different speaker then Hmm, let's see. I did just have some speaker requests. No, where they went. All right guys, let's go ahead and
If anyone has any questions feel free to send me a request guys go ahead and send me a request right now if you guys have any more questions Let's take a look Maybe nobody I think James was our last question for today. All right guys. I want to go ahead and thank the community
event for the community. So please guys, follow me to get a chance to receive the reward and explore the ecosystem. Now we had a great Q&A system date with a very lively community and a great discussion. I wanted to go ahead and give Radham a last chance to Radham and Scott a last chance to go ahead and say maybe something to the community before we sign off.
Yeah, absolutely. Thank you everyone for joining really appreciate it and thanks for all your really great questions. If you'd like to keep up to date with the right, please follow us on Twitter and LinkedIn. It's just radum network slash radum network. If you want to use radum, if you want to send your friends a link and to accept payments and crypto,
or you are a business and you want to actually start supporting crypto payments on your website or for in-person sales. You can just head on over to dashboard.ratom.network and please keep up to date with what we're doing. Check out our website, check out our products and features, follow our newsletter and we'll be posting
on Twitter daily from now on several times a day and posting on LinkedIn as well. So just keep up to date with what we're doing. If you have any questions, if you are looking to accept crypto, you need support. You can email me, Scott@Ratom.network. I'm always happy to reply and I'll reply as soon as possible.
Alright guys, good luck with the big win everyone. Alright guys, that's what I'm talking about. Alright, Radden was really nice having you on. I hope everybody has a great rest of the night. Peace out. This is Landon signing off.

FAQ on ๐Ÿ“AMA || Aurority x Radom || ๐Ÿ“ | Twitter Space Recording

Who is hosting the AMA with Radum?
Landon, a community builder with Aurorad.
What is Radum building on Aurora?
A payment system that allows subscriptions, usage-based billing, and tools for web 3 payment processing.
What is the focus of Radum's team?
Streamlining payments and enabling crypto users to pay for products and services they love on a monthly basis using their wallet.
What is the purpose of Radum's checkout application?
To help companies in the e-commerce space and SaaS companies sell subscriptions and products that are usage-based.
What is Radum's primary business focus?
To help companies selling products in cryptocurrency, offering support for e-commerce, subscriptions, and usage-based billing.
What is one of Radum's biggest priorities?
Creating more exposure around crypto payments with major brands and companies all around the world.
What is another one of Radum's major priorities?
Streamlining the user experience for checking out with crypto using self-custody wallets.
What is the third biggest priority for Radum?
Getting more people using and accepting crypto in general to help grow the Aurora ecosystem and all the projects building on it.
How will web 3 payment solutions scale in the next few years?
By simplifying the payments process for users and merchants and enabling users to checkout seamlessly without even knowing they are using a wallet.
What is the key to scaling out web 3 payments over the next few years?
Enabling users to on-ramp easier, keeping fees low, and enabling users to pay for products and services in crypto without having to manage a wallet.