Hi, I can hear you. You may take this time to set yourself and and I'll give probably a minute or so for the rest of the community to come and join up and then probably we can start once you're set. Okay, yeah, sure.
You're comfortable with the speaker and the bike and your setup. I believe you're comfortable, right? I'm I'm comfortable. Yeah, if you hear me right, I'm I'm fine. Yeah, perfect. I'm I'm I'm able to hear you perfectly so I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I'm I
I believe the other speaker only I've just mentioned about and posted chat if we had I've sent up a request to join as a speaker is there anybody else you would like me to add as a speaker or that's not the key. That's that's fine. Yeah. Perfect so I'll probably wait for. Hey, my husband, he hasn't joined yet. I've sent him a request. that's okay. I think As soon as you joins you will see his name
Yeah, perfect. So since it's 9th, you know, it's 4pm UTC right now. So I believe the community
would start, you know, jumping in any moment. So probably at 4.1 or 4.2 will begin the spaces.
And by the time I believe the other person who just mentioned as a speaker from Onino,
he'd also be there. So yeah, great.
So, Pedram, you're comfortable.
Should we begin the spaces?
Perfect. So yeah, give me a moment.
Yeah, check. Can you hear me now? So good morning, good evening and you know, good afternoon
to every single one who's present over here. I'm RK. I'm the one who has founded Let's
DYOR. We are a research-oriented platform primarily based on Twitter. I'll give you
a brief introduction about myself. And thereafter, I would leave the stage open for Pedram, as
well as Lucas, who are there amongst us to give an introduction about KadaiCo, the project,
and the ongoing private sale which they intend to open for a very limited community. So yeah,
as I said, Let's DYOR. We have started in the month of September of 2022. Unlike other typical
influential approach to any kind of Twitter platform or a website which deals with projects,
their promotions, etc. This thing was born out of pain. When I say pain, I actually mean it because
in the year 2021, when everybody else was talking about crypto, I had my own story when I was just
looking around, trying to ask people as to what exactly this project is or what exactly investment
is and how crypto actually is, the nuances around it and etc. So then I realized what actually comes
and schools you were there, you become your own boss. So then I felt there's a need for somebody
to take up the initiative. I know there are a couple of people out there, and like just me.
So I just took the initiative to probably start something wherein I learned first and then after
start imparting many things which I learned and hence the title Let's DYOR. And we keep hosting
masterclasses. We have even hosted masterclasses for Adore Protocol, Azure, HyperCycle and many
more to come. And I even have plans to start a 10 chapter masterclass on Karaeko as well,
which I believe will be in the due course of time. So that's about me. And today amongst us,
ladies and gents, we have Pedram and Lucas, who are there to give us a brief introduction about
Karaeko, the project on whose we are there right now to have a discussion. So Pedram, the stage is
yours. Okay, thank you, Aki. And thanks for having me here. So hello, everyone. My name is Pedram,
I'm from Karaeko. And I will give you a brief introduction about Karaeko, about our team and
what we are going to do. So and then, of course, we go through your questions.
Okay, what is Karaeko? We are a software company. And we want to combine AI technology with
blockchain to solve issues in the computer aided design process. And we're a team of three,
actually. So it's not only me, it's also Maya, who's our expert for marketing. And Daniel,
who is my CTO and co founder, and is his field of expertise is AI technology.
And we partner with a blockchain company called Onino to have, you know, covered all the
blockchain technology side. And me myself, I am from the engineering industry. So mechanical
engineering, I was working the last 15, 16 years now, 16 years in the engineering industry,
as a manager for industrial engineering. So my last position was at a big company here in
Germany, called Festo. Big company and production plant. And there was my responsibility for
industrial engineering. And so there I saw a problem, and one of many problems. And this
problem was about computer aided design, so CAD. I'm sure every one of you have seen CAD software
somewhere in your life or in your business life. So a software like AutoCAD, or Solid Edge, Solid
Works, and so on, several of them. And we realized that there is just a little bit of AI technology
in CAD software. So it's the usage of AI technology is very, very little, very limited
in CAD software. And we were searching for software that you can buy as a plug in for your
CAD software to have a high assistance in it. And we didn't find it. So and we searched for over a
year, and we didn't find any. And at that point, I decided to leave my position at Festo and to
establish Kataiko. Because the problem is a really big one. The problem is that
although companies have a lot of CAD data from previous designs, from product designs they
already have, the engineers mostly start designing new products and new production equipment,
for example, from the beginning, from scratch. And so for when it comes to special machinery,
when it comes to production equipment, the engineering costs account for 60% to 70%
of the product costs, which is really a lot. And still, just 25 to 30% of the design process
is a creative process of the engineer. So it means the rest of it, 70%
is just repetitive tasks, is manual tasks, is something you can very good automate and
optimize with AI technology. So that's a brief short introduction of Kataiko.
And I would also like to say a few words about the environment. So I told you about
CAD companies. So there are a few on the market, which are really big. So like Siemens,
Autodesk, for example, PTC, Assault Systems, just to say a few of them.
And it's a market with $11 billion market size. And these CAD companies,
they use AI right now only for generative design, which is just a very small part of
the whole design process. And because they're so big, and they have their interest in their
own software, everything, every new feature they bring out, every new innovation they bring out,
they just do it for their own software. So for example, if you're using Autodesk software,
and now Siemens company brings out the new innovation, you can't use it. You need to change
your CAD software to Siemens. And this is really difficult. So this is the market environment.
So if you guys know a little bit about the CAD market, it's going to be very important when we
Arkin, you can start with questions if you like.
Yeah. So, yep. Once again, I would just go about how I intend to connect the spaces, everyone.
So presently, we would have, you know, Q&A session between me and Pedro. And I believe Lucas would
also be joining us as we keep having this question and answer session. And thereafter,
after we finish with this Q&A session, there are a set number of questions I have curated.
After we had this Q&A session, we would be leaving the house open to any form of questions
which they would like to have to ask the team. And I believe they would be comfortable enough
to answer you back. So initially, this is how I intend to conduct and Pedro, I'm going ahead with
asking the questions which I intend to ask. Great. Let's start. Yeah. Pedro, before that,
I believe I just, I can just give a, you know, I'll take a couple of seconds. I wanted to tell you
that, you know, I'm one of those people, I've come from a non-tech background, to be very
brutally honest. So when I just came above this word CAD, you know, I probably am the
worst person to actually comment upon what actually, you know, computer aided design was.
But I'll be honest, I was quite intrigued. I was quite intrigued because the potential which I saw
when I first read about CAD, and then when I saw your, there was a YouTube video on your website,
wherein you were actually describing what exactly the, you know, CAD is about,
and how you intend to, you know, create, blend AI into CAD. And thereafter, you specifically
mentioned about how it can cut down the cost by around 30 to 40%, if I'm not wrong. Yeah. So this
particular thing has actually intrigued me. And that's what I actually researched. And then,
you know, to keep it very simple, for those of you who don't know what CAD is, you know,
I'll just give you a brief intro as to how I learned it, you know, I'm a noob in when it comes
to computer aided design and etc, as I just mentioned. So my point of view is consider,
you know, it's like, you know, backbone of present design and manufacturing process,
which happens. It's just like, you know, transforming your ideas into some strong,
you know, practical and tangible plans that machines can follow to create objects. So that
is how I actually, you know, had a very simple derivation. Pedram, you can correct me if I'm
wrong. Yeah, I mean, you can say CAD software is the software where every engineer can create
three dimensional models of any product. So for, for example, a automobile or the cup holder,
or anything you you want to produce, you need to design and you design it in CAD software.
That's so basically, it's like, you know, it's it's like having a real world use case to be
to keep it simple, right? Definitely. Yes. Yeah. So the best part is, you know, we do have projects,
we do have projects which deal about DeFi, we have projects which deal about layman blockchains,
and we have other couple of other narratives as well. But you know, you know, if you actually see
right now, things have changed, the dynamics have changed right from the year, you know, crypto has
actually boomed in the 2017 bull market where the world started noticing to this very day,
you know, the way things have been creeping into crypto, they I've been observing that there has
been a marked shift from a normal, you know, digital online internet currency to this very day,
where we find, you know, an actual world use case of crypto. So I believe kadako is, you know,
you as a CEO are taking kadako towards that direction. So I'm actually excited about this
project, given into understanding that, you know, this actually has a real use case. And the way
you're going to try, you know, blend AI into CAD and thereafter, you know, many such exciting things
which I've just read in the white paper as well. So yeah, let's begin. So yeah. So Pedro, I wanted
to ask you the first question, like, what are the challenges in the engineering and CAD design
process? And what are those which kadako is aiming to solve? Okay, you know, the key challenges in the
design process. Therefore, I gave you the brief introduction of the environment with the CAD
companies, right? And so there is a, the point is, if you are a company, and you want to have
a new feature for your CAD software, but you don't want to change your software to another one,
like, and you can search for a licensed partner company of this big CAD software houses.
And there are hundreds of them on the on the market. You just search for one of them. And you
tell him, look, I'm looking for, let's say an AI based feature for my CAD software. And then they
try to to develop something for you. And you pay, I don't know, 30, 40, 50, $60,000 for it. And you
have your plugin software, right? But there is no transparency for you, if there is maybe
such a plugin or a very similar plugin already on the market. So you have no marketplace where you
can just go as a company, also as an individual, and say, okay, I want to search for this kind of
feature. And I'm just I'm just want to take a look if there is already something maybe another
company developed and I can just buy it and use it. So no transparency at all. And I told you about
the limited integration of AI technology. So whenever you want to find some AI technology in
CAD, it's only generative design. And it's because the CAD companies just started with
with getting, you know, more machine learning technologies into their software.
And the licensed partners of them, they don't have the resources and the knowledge to train
own AI models. And that's the second thing, the limited integration. And there's also the
thing that engineers, if they use CAD software, they have to do a lot of manual work. So the
productivity isn't very high, or could be higher. And yeah, also, one of the things is that there's
a lot of CAD data existing in the company's libraries. But they don't, the engineers can't
use them, because it's thousands of data, and they can't just search through them. It's very
time consuming. And it's like finding the needle in a haystack. So that's also one of the issues.
And we're aiming to solve all of them. Because we want to establish the CAD platform, and we
already started with it. And on this CAD platform, you will have high transparency for available
plugins for CAD. Companies can use our AI model, which is pre-trained, to develop new plugins,
new innovations for CAD. And with using these plugins, engineers' productivity can be increased.
And we're also aiming for a software which will make this existing CAD data in the company's
libraries available for the engineers. So I would say, RK, that's a rough overview of the
key challenges. That's so intriguing, if you actually ask me. The very thought that you're
trying to solve and actually show is, it's good. And given the fact that most of the things which
are just mentioned, and the past and the present, many of them, there's always a room for development,
especially in the CAD industry, which I just told. So I believe Cadaico has definitely room to show
to prove itself. So I'm looking forward to it. Moving on to the next question.
I believe that Cadaico definitely has a very niche audience. It has a target audience,
and it's definitely specific in its approach. When we talk about Cadaico, we speak about AI,
we speak about CAD. We speak about specific things. So in this regard, when we talk about
crypto as well, since we are launching on a blockchain and they're tokenomics and world and
all, and what are the measures you are going to take to attract retail investors?
That's a good question. You're right. CAD is somehow a niche market,
because not every person on the planet uses CAD, but still it is a really big market. So it's a
market size with 11 billion US dollars, and it's only CAD software. So on top of it, you can also
have the revenue of the licensed partner companies. So you will be somewhere between 13, 14 billion
US dollars, I think. So it's a really big niche. And what we're trying to do is to build up a
community of not only of CAD users, but also of developers. So you don't have to be a cut user,
you can be a developer who is interested in AI technology, who is interested in the CAD software,
and also of CAD partner companies. So I think we have a wider community than only CAD users.
And also, we will have a community of blockchain enthusiasts also in the CAD AI community.
And I think people will be attracted because there is a real need in the industry. So as you said,
we are solving a real world problem. So that's why, for example, a company, an engineering company,
which wants to use our software and to use our platform, will be part of our community.
The engineers working in this company will be part of our community, and so on and so on. And
so I think that's why people will be attracted automatically to the CAD platform.
And of course, we are having and we will have, also in future, marketing activities to spread
the word about Cadaico, to tell everyone what we're aiming for, what's our vision,
what's our mission, and so on. So I think that's the most important thing in the web3 world,
is to let people know, to educate them about your project. And if your project is good,
and you have a real world problem that you're solving, I think people will join on their own.
Yeah, I guess that answers the question. Given the fact that anything which is a...
Correct me if I'm wrong, Pedro. I believe in this case, Cadaico is the first mover.
Yes, definitely. That's it. I'm always a pro first mover. I believe first mover
projects will definitely do well, given the fact that they try to address a very underlying issue.
So yeah, I believe this would be a major reason and a catalyst itself to attract retail investors,
because every retail investor, obviously, they keep looking for things which are trying to be
the first movers in any category, in any narrative or any sector. So Cadaico definitely
is a first mover, which definitely is a big advantage than in comparison with others.
And also, one other thing is that the most issues we have in CAD software belongs to the B2B market.
So that's also very attractive for investors. Awesome, that's awesome. So yeah, moving on to
the next question. Pedro, can you describe the technology stack behind Cadaico and its integration
with the AI and blockchain? Yeah, definitely. Okay, let's start with the Cadai model. So the Cadai
model is somehow the heart of Cadaico. The Cadai model is a combination of newest machine learning
technologies and AI models. So technologies like how to train an AI model, how to transform data
into training data, and newest AI models. So we will be, and we are doing it already with a partner
company of ours, we are pre-training the Cadai model, these AI models, with a whole
bunch of CAD data. So it will be a pre-trained model. And this Cadai model we put on the Cadai
platform. So the Cadai platform is like any other platform, maybe you know from different projects,
you can join their sign up as a developer, as a cat user, as a company. You can use the Cadai model,
this AI technology, produce new plugins, put them on the marketplace of the Cadai platform,
and there other companies, other individuals can download this plugin and you get rewarded
with CAD tokens. So this is a Cadai model and a Cadai platform. And of course we use for the whole
the blockchain as a kind of a backbone of this platform. So for the whole security aspects,
data validation, access control, and so on and so on, we will use blockchain technology.
So the Cadai model, the Cadai platform, and the blockchain are the three elements in this
technology stack. That's amazing. That brings me to one question, a very basic question since you
already introduced that you are going to be partnering with Onino and all. So it's a
very basic question. So you would be launching on Onino? Yes, we will be. So first we will be
launching on Ethereum because Onino is right now in the development phase of their layer zero chain.
So until this is ready, we will be launching on Ethereum. But as soon as Onino is ready with
the layer zero, we will be launching another one. That's great. But you know, just a general question
again. Don't you think Ethereum would definitely be a little expensive given the fact that it has
few scaling issues and especially with the gas fees and all? Yeah, yeah, you know, that's it's
only a I think Onino will be ready at that time when we are ready with the platform. So I think
Ethereum will be no issue for us actually. It's just a kind of a backup if something goes wrong,
but I have a big trust in the Onino team, they're really cool guys, and they're really experts in
their field. So I think they will be ready with the layer zero chain when we are ready with the
platform. So then everything will be fine. Yeah, but that's gonna be a big sigh of relief given
the fact that you know, you're gonna burn a lot of pockets, especially when the bull run approaches,
the gas is gonna skyrocket a lot. Yeah, yeah. I think Lucas wanted to add something. Yeah,
please, Lucas, go ahead. Yes, I believe we should distinguish two things. On the one hand, it's like
the launch of the token, which will initially be launched on Ethereum itself, which, of course,
Ethereum with the congestion issues, and especially the more and more people it will be active on a
chain, the higher the fees get. But the other positive factor why Kadyko has chosen Ethereum
as the initial network to launch the preliminary token before migration to its own network is
that just the access to liquidity and more over the access to general, the public and more eyes
in the overall Ethereum network is much greater than any network out there. So it will still on
while there is a negative side effect of higher fees, it will still drive the overall appreciation
forward. And then the other aspect is like the full launch of the Kadyko sub chain on top of the
Unino infrastructure. And then the launch of the whole platform of Kadyko, which will come
in its own time. And once that is ready, the whole token will migrate and will be much easily
accessible and with fees that are less than a cent for a transaction, for example.
Thanks, Lucas. That answers the question. And yeah, moving on, moving on.
Are the security and what Kadyko can do within its own ecosystem?
Sorry, I couldn't hear you very well. Could you please repeat a question?
Yeah. Can you hear me now? Yeah, can you now? Yeah. Yeah. So I was asking, you know,
in what ways does Kadyko ensure the security and the integrity of the data within its own ecosystem?
Yeah. Yeah. So that's exactly exactly why we chose blockchain over, I say, standard Web 2 technology.
Because I believe that blockchain is the most modern technology when it comes to
exactly these things, security and integrity. So yeah, so we will have a very standard login
with a wallet to our platform so in that way we can protect user identity. And we also offer
a secure environment for companies because there's one thing that everyone should be aware of.
When we're dealing with CAD data of companies, it's mostly in 99% of the cases, it's a very
sensitive matter, because it's the most important data for them. So that's why we have to offer them
a secure environment that is only for this one specific company, and no other company can get on.
So that's one security aspect we really have to fulfill and we will.
And also we're working on automatically analyzing datasets. So there will be a lot of CAD data
going through the platform and we need some logic behind analyzing the CAD data
and to fulfill the quality measures. So that's why we're working on automatically analyzing it.
And I think, yeah, that's most of it.
Nice, great to hear Pedro. So that brings me to the next question. Given the fact that we have
discussed about the blockchain, we've discussed how you know the KEDICO is going to be integrated
and blended with AI and the blockchain. I was curious like how does the CAD token,
like the token, can function within the KEDICO's ecosystem? And what are its uses? How do you
actually try to integrate the token? And how is it going about?
Yeah, so you have to imagine on the platform, the KEDICO platform,
everything will work with the CAD token. So for example, if someone shares CAD data as a kind of
training data for our AI models, he or she will be rewarded with CAD token. Or also for B2B
companies who pay mostly licenses for software. If we offer our own flagship application on the
KEDICO platform, it's called so-called CADI Assistant, to companies, they want to pay in the
way of licenses. But what we're going to do is, any company can buy the CADI Assistant,
pay licenses with credit card or bank transfer, so very standard Web2. But in the background,
we transfer everything into CAD tokens, because only CAD tokens work on the CADI platform.
And yeah, so we incentivize with CAD tokens, we also transfer license fees into CAD tokens.
And yeah, everything we do on the platform is driven by a CAD token.
You know, that's actually amazing and beautiful. You know, there's a reason why,
let me sum it up. You have a first move advantage, you have a very good blockchain,
you know, whom you're trying to integrate with and go ahead. You have AI, which is in the, you know,
the trend right now, the narrative, which is actually driving the whole world. And then you
have the tokenomics, I mean, the actual token running in the entire ecosystem, which I believe
only a few projects have, you know, when we talk about crypto, the only few projects which actually
have an ecosystem, which have, you know, tokens being an integral part of the, you know, entire
product. So as you mentioned, the ecosystem moves with the CAD token, which itself is a very driving
factor, which again brings me back to the same point when I said about how would we attract the
retail investors? Yeah, I believe this is actually one of the main USPs. Yeah, right.
Yeah, so that brings me to another question. And
what, before I actually move, you know, ask you,
out of all the software that you have, I mean, the software that you had just mentioned,
what companies do you think are going to be beneficial? Which companies are specifically
going to be beneficial? Is there anything like, you know, this particular sector?
Yeah, yeah, definitely. So, so we have to separate when I'm talking about software,
we have to separate the CAD platform and the CAD assistant. So the CAD platform is everything
I talked about, the AI model on the platform, the marketplace, the blockchain, the token,
and so on. So it's the whole environment, it's the whole ecosystem. And on the CAD platform,
you can solve any issue within design processes in CAD. So no matter if it's for architecture,
or electronic parts, or mechanical engineering, medical prototyping, 3D printing. So because this,
the design processes in the different industry fields are very, very different.
Yeah, my apologies for interrupting you. How would we have a small, you know,
administration, like, let's take an example. Can you explain this, can you go, go us, you know,
take us through an, like, a simplest possible example? It's a specific industry, and you give
us an example. Yeah, you know, the whole system, the, it can be an interesting way
in the community would try to get into the nuances as to how it actually happens.
Yeah, so with the CAD assistant, which is our flagship application on the platform,
we are specifically aiming for, at first, for mechanical engineering companies
who produce special machines and production equipment, customized production equipment.
Because these companies, they have a very big issue.