Hey everybody we're just getting started here waiting for a few more people to join before we really kick off but we'll probably get rolling here in the next minute or two.
All right guys, we're waiting on a couple more team members to hop on here. And we've got quite a few different calls and activities going on. So they're running a couple minutes late, but we'll get going here shortly.
Today the focus is going to be just giving a few updates as to some progress that the team has been making and sharing a little bit about where we're going next with things. And then we'll talk a little bit about just the standard crypto news and updates and all.
Hey, buddy. All right, looks like you've got Adam here now. Hey Adam. How's it going? Good.
All right, well let's go ahead and get started for today. I was just telling everyone we've got a few updates to share. Then we're going to talk a little bit about where we're going next with some things.
and then ultimately wrap up with just kind of chatting about current crypto news and all. Seems like crypto Twitter is quite an entertaining place lately so we'll chat through some of that.
to start things off, we do like to have these AMAs be pretty open. So if you guys have any questions at all, raise your hand, hop up onto this stage, we'll make you a speaker so you can ask your question as we go.
Normally what we actually kick these calls off with is getting a quick update from Adam about the latest way in which he's he always comes up with creative ways to annoy his wife. So Adam putting you on the spot here anything that you've been doing lately or any
new things to share on that end? Well, I mean, I haven't done anything really good or anything real big lately. I will say this though, for the past six months, I've been progressively using
the word nerd in like a negative connotation, right? So like if I mad at someone, I'll be like, oh man, what a nerd, right? And I'm doing it around my wife to the point where like, if I can call her like anything I want,
now, but if I call her nerd, she gets like super upset, right? So it's like the ultimate insult now in my house is to call someone a nerd, which I think is awesome. So that's why you've been calling me nerd a lot lately. Yeah, yeah, yeah.
because now it's the ultimate insult. Yeah, well she's got to hear me yelling at people using it so that's why I've been using it. Alright, well now I know a little bit better when you call me nerd what you actually mean by that. Yeah.
All right, so let's let's go through some updates and I know that we've had quite a few new people join the community and all. I'm trying to remember when the last time we did just like a quick run down of what
resonate is. But Adam, why don't you go ahead and share quickly just what is resonate? How does it relate to the best finance? Just give a one to two minutes summary of what that is and then we can go into some actual key updates around some new partners and
We're going that's with things awesome. So ReVes is a platform by which you can Basically wrap any ERC 20 token into a FNFT just financial non-fungible token and
You can vest it for certain periods of time or until it reaches a certain amount or whatever. Now resonate with that does give us the ability to separate principal from interest. So let's say you guys have a hundred
or Matt, you have 100 tokens and you file a yield farm that will give you a 50% return over 6 months. You deposit that into the yield farm in 6 months. How many tokens do you have, Matt?
go to the Resonate DAP, you can deposit your 100 tokens and you can get 30 tokens up front right now. And that's awesome because of the time value money and all that, that people can now
get their money now as opposed to have to wait and experience opportunity costs, stuff like that. Did that answer your question? I think that was a pretty good run that I'm in. Thanks. Yeah.
Feel free if you've got any questions on that. We do have a request here.
only one. I'll bring you up on stage so you can ask your question.
Hey, how you guys doing? Good, good, good. So I just have a few questions about something that happened a few months ago. You guys got hacked and blocks lost a lot of money through that hack.
And then you attempted to launch a NFT project and then you rugged the NFT project. How can somebody even trust you guys? We didn't rug an NFT project. I think there's a lot of
going on in that situation then you're then you might be familiar with yourself. But what happened was it wasn't a couple months ago it was back in March. We did get exploited and what we did was
We covered that as soon as possible and then we did launch the NFT program to try and help kind of subsidize what happened with that exploit right just because of the bear market and the time and
NFTs weren't super hot. We didn't sell out the project, but what we did get out, we sent to the blocks staff, and then we continued to build our own project.
things only want to that question and I guess moving on.
Adam, what are some key updates around some of the latest announcements and such that we've had going out here lately with some of the new partners that we've got going on?
Why me we announce what, one ring the other day, and then we have, what else would we just announce now?
Um, I remember who we when we last had this AMA who all did we share this or who all had we announced at that point. Did we have any. We did. Yeah, go ahead and run through them all.
I mean, we got, like I said, one ring and
a couple more but yeah we got those we're also working on the hedge funds so we've got probably four or five hedge funds in the hopper right now to start pairing up with protocols we're working real closely with velodrome on that and a couple other protocols that I'm not going to mention just because they
We're around the fence with them, but yeah, that's what we got Nice any I know you kind of held your
yourself back there a little bit, but any outfit to talk about or just share with does on the call right now? No, not really. I mean, we have
quite a bit going on, but it's also the holiday. So, I mean, we also are starting to come to an end on our, on our Alpha for now, and it will probably pick back up at the, you know, first of the month.
Gotcha. All right. So from your point of view, I guess what are some of the new things that we're targeting on the business side? Where are some of the new angles? If there's really any I know we've shared before, but we've got new listeners this time. So feel free to even
And we have to repeat some of what we shared last time around who we're kind of targeting and some of the new players that we have in the game right now. Yeah, I mean, we are starting to focus most of our effort on
So, on hedge funds or most specifically like hedge funds and venture capitalists stuff like that. So, they are going to take the opposite side because those guys still have money.
They're looking to invest that money because that's what they do on a regular basis. Because retail isn't really around right now, they kind of got beat to shit and left. That's why we're focusing on institutional money.
Definitely a lot. All right. I'll just put that on our physical side. I came the dads are working hard with even more
partners that haven't been announced yet making sure we've got adapters and things set up that we can start to work with them.
But we've got now we going into this holiday season this will be the last day we may have for the year. Number four we will pay back the first January and
and hopefully have some cool things to share with you guys. But with that said, Adam, unless there's anything else on the ReVest, I can want to transition over to this general conversation around crypto news of the week.
Stop being such a nerd dude like have this flow
What are you doing? Nerd. Thanks Adam.
All right, so SBF last time we were on here I asked the question if we thought that SBF would be imprisoned in the next three years and it was pretty split Some people were strongly in favor of yes other strongly in favor of no I think that now that he's
He's arrested. Maybe we've got some different opinions on that because things made it a little bit quicker than I was expecting. Adam, what's your take on that? I was surprised to find out that he was arrested.
right? Like that's really quick, but the only reason they're going to move that quick is if they have concrete evidence, right? And people don't file fraud charges or prosecutors don't file fraud charges.
So, these bloody little screws.
>> I'm sure it will be something for everyone ever.
I mean, wait, get a call.
Oh, you're breaking up a lot, Adam. Well, let me go ahead and just ask you out to the audience. Go ahead and put a reaction thumbs up if you think he'll be in prison in the next six months, thumbs down if you think he won't be in prison within the next six months.
I'd love to see kind of what the audience thinks on this one.
I'll share my personal background on him being arrested so quickly, but I would say that he will not see the inside of a jail cell any time in the next six months. I think it will take much longer than that personally.
Yeah, I mean, I'm surprised he was denied bail Right, I mean that kind of makes sense. Maybe he's just denied bail in the Bahamas wait Why are you what? What was surprising about that?
Well, I mean, normally you can get a bail set pretty easily, right? Unless they think you're like a super flight risk, but it's not like he's been jumping around country
country to country. He's been in the Bahamas the entire time. So I just found it strange that he was denied bail.
I wasn't really shocked by that. I thought that was...
I don't know. I guess I don't follow enough cases like this. We're proud at this level, but I wasn't surprised by them not letting him post bail. I feel like he's the type of person who has enough money that
he could totally disappear if he needed to. And not sure why he didn't eat that before all day. But yeah, that's also I find that weird too.
So I know there's a lot of conversations around what's the chick's name? Carol or Caroline Caroline Carolina something. I don't remember now, but do you think she's
She left on him, meaning she went and told, "Swinged."
Yeah, it's I just don't know why she would have been in New York for so long and out where people could find her and see her if she weren't
doing something as in cutting a deal and
telling all on sbs. Yeah, I don't know. I agree.
So real quick here to wrap things up.
Christmas is right around the corner. What's your favorite food around Christmas New Year's time? And it can't be champagne on New Year's. Something an actual food dish.
Did you say cheese steak?
She's, she's cake. She's cake. Ooh, that's a good one.
a lot. So we normally always have a certain, what about you? And then that's like a Thanksgiving thing, but a turkey, but we always try to do, but a cheesecake sound is delicious. I could go have one. All right, guys. She kicked after it. Say what?
She's cake factory. That's a good place. Adam, anything else to add before we wrap up for today? No.
I got nothing. Alright boys, we're just coming everybody. Close this one down and we will see everyone again in the New Year. Have a great Christmas and New Year's and we'll see you in January.