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Community Update | Aleph Zero
Recorded: March 21, 2025 Duration: 0:26:42Space Recording
Short Summary
Exciting developments are on the horizon as the team gears up for a significant project launch with two innovative apps focused on privacy and DeFi, despite facing challenges like token delistings. The Spring Release is set for April, promising growth and new yield opportunities through strategic partnerships and incentivization.
Full Transcription
["Sweet Home Alone"] I'm going to make a සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහස් සහ් සහ් සහ් සහ් � Music The So Music Hi everyone!
Welcome to ZKGM.
I hope that everyone can hear me well.
Alright. can hear me well. All right, happy first day of spring guys. At least in Poland
it's a very beautiful and sunny day, first day of spring. And I'm Dominika, I'm your host for today's space. And the plan for today is to walk you through the things that we are releasing in the coming weeks and months.
So to go through our spring release, I am joined today by Adam and Jakob. Adam our founder, Jakob the head of product and I'm Dominika heading marketing.
Hi guys.
Hello everyone.
Hey everyone.
Great. All right. So as I mentioned already, we're here to reiterate that we're on track with the release of two groundbreaking apps, combining privacy with some great DeFi features and user experience.
And I will hand over for now to Adam first to go through some updates on the recent progress.
Then we will have Jakob to provide you an overview of our go-to-market strategy
an overview of our go-to-market strategy for the common mobile app and for the
common web app and we'll wrap up with a sneak peek into marketing. So Adam, over to you.
Okay, thanks. So hey again everyone. Before I go into the product progress
updates and stocking was pre-release.
Some market updates, unfortunately, a bit subtle ones.
So as many of you already know,
there was a delisting event on Gate,
on a zero token along with seven other tokens.
So I'll just repeat the announcement
that we already gave on this regard.
So first of all,
the decision was not communicated to us in advance.
So we learned the same as you guys,
as the community from the public announcements.
Until now, they did not communicate
the particular reason behind this decision,
neither publicly nor in communication with us.
We suspect it to be related with association between
Azure and privacy and their compliant fears,
but that was not confirmed.
The only reason we think so is that
Particia token was also on the list.
So it affects only Gate. Our biggest markets are still operating without the problems.
And as we continue to seek the clarity and the reason behind the decision, we also in the meantime
will be focusing more on communication around anonymity revoking and focusing on communication around the fact that we actually are the most
fraud-protected protocol out of privacy ones.
So, well, yeah, hopefully that this will also help with the general sentiment.
Another smaller event with Bitpanda. So currently trading is stopped on Bitpanda as well,
although this is for technical reasons.
We are in communication with our technical team.
Currently, they are working internally to resolve the issue,
but we remain available for any help to resolve these problems.
We don't have a timeline here, unfortunately,
although we'll be informing the community
as soon as we learn anything in this regard.
Going next to the progress with our main line right now,
which is the Spring Release Related Update.
We're not changing the momentum,
we still are applying the Spring Release for April.
Let me tell you a little bit more about the general timeline.
Some of this information have been
already given on various occasions.
I just wanted to sum them up and put them together.
So SpringRelease is the name for the general process of releasing the Schroeder network,
which is the privacy network that will be spanning across multiple blockchains.
That includes our L2, but also other EVM layer 2 chains,
as well as other EVM sovereign chains.
So, some day in April, the specific date is not set yet.
There will be release on Aleph EVM,
as well as one other chosen EVM chain for the initial release.
So from that day, within probably around a week,
we'll be releasing progressively new features.
There will be two applications,
one with relatively simple web app that can be used from any wallet,
and the other is the common mobile, which is a wallet specifically designed
for the privacy user experience.
We are planning to support both of these products as we
see them targeting different size in parts of the market.
Mobile is a go-to wallet.
We are planning to make it is a go-to wallet.
We are planning to make it like a very modern wallet experience.
So we want to attract users to use that as the main wallet
that will give the privacy as a default option
on all the token operations.
But this is the current paradigm,
so we expect that there is and will always be part of
the general encryption community that will want to use
privacy as a one-time thing or as a thing that you do to
your holdings on a given occasion rather than
something that you want to pay for at every transaction or
rather than something for which you will
install new software like a new wallet.
So for that part of the user base,
we are planning to always host the web app
where they can connect with either Metamask
or any other wallet of their choice
and also use our infrastructure for their privacy.
So both of these apps and features around them will be
launching on these two chains around a week after the release.
Then also the incentivization campaign will start.
Then two weeks after the release,
we are planning to release on next EVM chain.
Then with the breaks of one or two weeks,
we'll be releasing on another and another change.
These breaks are mainly for us to have time to reach out
communication-wise to the community behind
a specific chain that we'll be releasing on to
prepare some news and targeting these new communities
and attract them to our product.
So, while I'm at the incentivization,
let me tell you a little bit about what we think
that we can offer here.
So, I think what is novel in common and
should be a network plan in general when it comes to privacy adoption,
is that we treat the privacy not as
the value for which itself we assume to gather users,
but rather we see it as a feature.
We need to have some other attractive product behind it,
so that user will choose it maybe over other products
due to this particular feature.
So maybe to put it simpler,
we do want to incentivize and do the classic
like farming and upper generation.
So we see the privacy pools
as well as any other pools in
DeFi where the bigger returns they give,
the more people will go into it.
There will be three incentivization mechanics
targeting different groups.
First are the incentivization targeting users of the protocol.
This will be what I just said,
that the pools will be to some extent operate both as yield aggregators,
because there will be an option of using
common yields when being inside of the privacy pool,
and also as a farms.
There will be a specific mechanism for which, due to which anyone will be
able to turn a privacy pool into farm of that particular token. The second will be incentivization
for A0 stakers. So A0 will be staked for relays and then part of the revenue gathered from the
Then part of the revenue gathered from
the privacy fees will be distributed among A0 stakers.
The third incentivization will be for common stakers,
where part of the success fee from
the generated yield will be shared among the common stakers.
To say a bit more about the ecosystem aspect of the release,
there's a Shielder SDK that is already functional.
I think Kuba will tell you a little bit more about this,
but last week we've got a small release about it already.
When it comes to the projects that are like
except of common that are building on
Shielder SDK right now is our first framework for AI agents.
This is mostly our internal project where we are
building the framework based on ELISA,
where AI agents will be able to
use Shielder network to send private transactions.
Then there is a project called Snappy,
which has been already announced several times.
There is a certain internal demo
that has been released last week.
In general, the project is about sending links over the Twitter
that will allow to do various operations with the Shilder network,
like claiming private transfer,
for example, or operations like that.
We are still in discussions with other wallet providers.
Generally, other wallets are
the simplest example of a potential project
that could be building on Shield SDK.
So that sums up the part of the plan that I wanted to tell you about.
So I'm giving the voice to Kuba.
Thank you, Adam.
Before I hand over the voice to Jakub,
just a quick recap.
So I think the bottom line here is
that we're on track with our spring release starting
in April with first Common Web App,
then followed up with Common Mobile App.
And that will be a gradual rollout of features
over the next few weeks
and months.
And the team is also working on some, I believe,
truly unique features that incentivize staying private.
So so-called privacy that pays.
I think that is really cool.
All right, off to Jakub.
Yeah, so maybe to connect the strategy that Adam described
with an update of our active development
and what's actually going on in the teams
as they work on the spring release.
We have... and the spring release, we have,
I think I was,
I was structured into like four pieces. We have four applications that we're working on,
which is Shielder, the web app, the mobile app,
and Shielder to you.
So going through them in order,
I think also paints a picture of kind of our adoption
strategy and how we think about
So starting with the Shielder, the Shielder, as you probably know, is our technical system
for the privacy.
It's the smart contracts, it's the ZK proofs, the Shielder SDK that the applications can
use to communicate with it. It's a relayer that helps you hide your originating address
when you're connecting to the shielder, right?
So in terms of the, this is the basis of our system.
When we think about the adoption,
we think of how can we make this technology available
to users broadly in different ecosystems, to different user groups,
how people can easily connect, right? So in terms of the progress update,
the main components of the Shielder are already completed and we are starting an audit on Monday.
It should take two weeks before we know what the findings are and then we start
addressing whatever kind of the audit the uncovers, right? So once we have the shielder audited and
ready to deploy, as Adam mentioned, we will want to deploy it
on multiple chains.
And part of our strategy to reach out to the users
of the ecosystems that we enter is CommonWebApp.
This is an app that allows you to connect
your existing wallet and use the shielder to kind of break traceability
of your actions on chain, right?
So this is a simple app that will give you
an ability to interact with the shielder
and use the privacy.
And we're working on it currently.
We intend to have a test net phase
before the spring release.
So sometime in April, we will show an app
that is deployed already working on the test net
of our own network and another network
that we will communicate
what the network will be and what the testnet will be
in the future.
I cannot share that information just yet.
So when we have the shader and the web app,
the next step is mobile lab.
This is a wallet and we intended as kind of your go-to
wallet for interacting with crypto This is a wallet and we intended as kind of your go-to wallet
for interacting with crypto and having the privacy features kind of built in as default.
It offers more robust experience that kind of,
you can use the DeFi and private shielded accounts seamlessly.
Today we intend to release as for the progress update,
we want to release today to ambassadors
a new update with EVM support.
Currently we have already a working up with our L1 network,
but now you will be able to interact with our L2
and also with Ethereum
and the base in a public manner.
That is kind of the scope of the update.
And this is kind of last update
before we really go into the meat,
which is like the shielding.
Like the next update to the ambassadors
will be shielding support.
And for this, the UI designs are already finished
and we start implementation next week
to kind of bring the shielder into the mobile app.
Additionally, we have banksa integration in progress.
So we will be offering an onramp just from day one
as the application is released.
And kind of last piece that will come in weeks after the first release,
so it will not be day one feature,
but I hope it will come very soon afterwards
is a shielded yield.
That is a feature that will first come to mobile app,
probably afterwards also to the web app as well.
But this is the feature where you will be able to
earn yield
and be in the shield at the same time, right?
Building your kind of privacy in the shield
while earning.
And shielded yield will be backed by the major protocols
on the networks that we release to.
So probably protocols like AVVA or more for
that you will be able to kind of use them,
offer liquidity to these protocols and then,
and the APY while keeping your tokens in the private pool.
As far as development goes,
we already have this feature designed on the backend part,
the development that is being finalized
and the UI design is in progress.
So we will be also moving into implementation quite soon.
Right, I think this is all from me.
Okay. Thank you.
Awesome. Thank you, Jakub, so much.
Amazing.
And by the way, I recognize that,
I think it's quite a lot of content.
So if you guys have any follow-up questions regarding what we just shared,
please just drop us a message maybe on telegram or in the comments under the sex space and we
will follow up after the space with some additional answers. All right, now off to marketing. So my part
Overview a sneak peek into marketing campaign
So we're planning to ramp up marketing campaign in April
We're going to continue providing high quality educational content,
focused on explaining the value of what we're delivering. We're also looking into collaborations with key opinion leaders and industry influencers. And we want to combine both bigger influencers with smaller ones.
But definitely we're looking into high quality collaborations.
And we hope that the opinion leaders that we will collaborate with,
they will be also providing their reviews and testing our products.
We're also going to do a focused paid campaigns across a few chosen channels.
We're looking as well into community engagement activities that would be driving hype and
engagement with our products.
We definitely want to continue with these AMAs
to keep you informed about all the work that we've
been doing behind the scenes.
We definitely have some work to do here. I'm also myself looking into improving
my communication across different channels. So that's also on my agenda too.
What we are also planning to do is to focus on bigger push on X with team marketing as well.
And recently, some of you guys could see
that I was also asking you for feedback
about our incentivization plan.
So thank you so much, by the way,
for providing your feedback on that.
We're looking into rewarding our existing community members, but also focusing on
rewarding the product usage and rewarding some specific activities such as shielding and making
deposits within the common mobile app and web app. So this is something that we're designing at the
moment and we're really grateful for all your feedback and support on that and this will be definitely taken into account.
Alright, I think that's it from my side. Just to reiterate, if you have any additional follow-up questions to what's been shared here today,
or maybe some ideas or requests for specific content that we should provide to better educate about our plan and the value of what we do. Just feel free to DM me or drop your feedback on Telegram or X.
All right, I think that's it.
Adam, Jakub, any closing thoughts?
Just thanks thanks everyone.
Thanks for being with us in these hard times.
And yeah, let's hope for the best with the release.
It's gonna be definitely an important move for the project.
Yeah, for sure.
The team is working hard to deliver
all of the pieces of the puzzle.
Awesome.
All right.
Thanks everyone.
I think that's a wrap.
Have a lovely weekend.
And yeah, again, happy first day of spring,
at least in Europe.
All right, bye.
Bye.
Bye. Bye. Bye. Bye.
Host
Aleph Zero
from
Aleph Zero
