Take a go, Ben. Am I right? You're joking, am I right?
Yeah, it's garyle here, Joe will join us in a couple of minutes. Oh, perfect. How's the background noise on my end? Is it a bit noisy or are we good?
Yeah, a bit a bit noisy Okay, so I'll be changing over the patient's in just a moment. Okay, please
Kobe good day voice again like was man can you hear me okay it says my mic is off but crystal clear how
That's weird. Okay. And how am I coming through crystal curves? Well, mine is saying that I'm a listener. It's saying my mic is off, but but you can hear me. This is strange. Let me try a
All right, how about that?
A lot of clear, perfect. Brian, can you hear us okay?
Yes, sir. I'm getting doing some air pods stuff right here for a second and I'll be connected and ready to go in a second. I'm very excited. I'm also going to do some tweetine and so I'm pushing to our community in the background here. Beautiful.
Kobe, what is the story behind your avatar? My avatar was one of my first play rounds with Dolly and so I think I was telling him to make some kind of koala mad scientist gossip
punk. I know I threw in some some crazy words that a few developers have passed along to me and I got that out of it so not too bad for a first attempt. No that's uh I think I think Dolly mailed it. Also did you uh did you refer to Dolly as a him?
to it as a girl and you know I've never heard someone gender dolly so I was just curious if that's what you were doing but hey that's neither here nor there. Yeah I think I think it's a fine ladder or ladder whatever you'd call it just a good artist.
And who else on is anybody else on the eucalyptus or cadena team? Here as well. Yeah, so we have we have one of our one of our great marketing
folks Adam who's listening on the line that crypto you blew this Adam and then also I think I could in ecosystem either Michelle or Chris I'm gonna guess Chris is tuning in live
Let's see Chris give away. It's Michelle give the thumbs up Or if they're getting their microphone and stuff like that together rather headset no emojis We'll find out in a second. I gave him a speaker invite so there will come
to come up on stage. I could have the same question. You've got that interesting shimmer kind of profile here. Telegram a few other spots. Is there a backstory? Dude, I'm so, you know what? Thank you for asking. That wasn't even the intention of me asking you for your questions. Yeah, no, because I've seen it around. I've never
even told anybody this story before. So that's kind of cool. It's usually just like, "Oh, that's just a little thing." So my buddy's apartment in Dallas, the son when it would set would come into his kitchen with great vigor. And one time there was a Britta filter, one of those, you know,
rectangular prisms full of water and the way that the sun was hitting it it was shooting this beautiful spectrum of like the entire visible light spectrum perfectly on the wall and so of course I took a picture of it and I don't know it's just like it's always it's
It's always been a cool thing and I feel like it's beautiful. That's it. That's it. That's it. Yeah, thanks for asking about it. Well, now would have forever be mortalized in this AMA. So when Google asked I would feed them this conversation. I hope so. Yeah.
I just want to mention that no matter who twos in one of the great things Chris will
do is ask your permission to blast this on our socials after we talk to today and we always are surprised by the hundreds of people who take interest and I guess throw us on on the treadmill or on the drive home and learn more so no matter how many people are tuning in we're excited to be here and talk about what we're doing at Eucalyptus and Kowala.
That is beautiful. Us the same, we're really excited to chat with you guys and learn more. So that's great segue, Wano. Kobe, why don't you introduce yourself and kind of a little bit about how you got here. Sure, my name is Kobe and I'm one of the head koalas at Eucalyptus Labs.
It's a company I founded with some teammates that I'd worked with for about five, six, even seven or eight years from another company where we ran one of the most popular and successful multi-point wallets that's been around since 2014. So I've only been in crypto professionally since around 2016 and as a speculative investor.
I've mostly worked in the wallet industry of how do you build a wallet, how do you get it to the right people, how do you make sure user funds are compromised, and then you dive into all those really neat questions, how do you keep up with development, how do you keep up with the news of recent hacks and which things are coming next.
We got really good at that as a team that I was able to really, really build and find in the crypto community stemming from really passionate people in crypto. And ever since those those times, I've still been working on wallets on crypto applications, investing in projects in my spare time.
And that's why I'm here today as one of the founders of Eucalyptus Labs. One of our main focuses has been creating a wallet project for the cadena blockchain called Koala. So that's another name you'll see joining in this space here at Koala wallet where you can find out more about the product we've spent a lot of time building over the past year.
Incredible. So let me ask you this, why cadena? You could have picked all sorts of different avenues for that. Why did you guys go down the cadena route? Yes, there were a lot of reasons. Actually one second, I just went my care.
Sorry about that. So there were a lot of reasons. The first one is that I found cadena 2018 or 19 and I was actually able to sit down with one of the founders at a bar before I was even a wage to order a proper drink. So flipping my Coke and Sprite, I learned all about the crazy promises of the cadena network.
about PACT, which is the underlying language in comparison to solidity that powers cadena. And I got really interested in all these amazing technical promises of infinite scalability, impressive security, sticking to proof of work. And I started to dive in and once I did that, I found
that not only was this team based on really excellent founders on a great team from places like the SECJP Morgan and Big Tech as we know it, but they were sticking to fundamentals of how you can grow in a new new age technology like the crypto-wild west and apply super
basic business fundamentals of planning out a really long-term roadmap, planning with a lot of a foresighted vision that things are going to go wrong and that big firms are going to capitulate in the process. And in 2022, when I was examining where we're going to focus our efforts as a
company. It was kind of a simple decision seeing how much growth opportunity today and I have then and still does have now. So their team, their technology and their mindset were really the core factors as to why we said, let's partner up and work with this excellent firm to really bring their blockchain to the next level.
I appreciate all that and we've definitely, we're looking forward to working with Kedana moving forward, you know, obviously spent quite a bit of time working out some different strategies with Joel and we're really excited to move forward with a partnership with them.
I hope everything that you just said is 100% accurate because we believe all great things about them too and that's awesome. So let's dive in a little bit more to eucalyptus labs and the problem that you guys are solving.
So you can look at this labs at its core. We understand that blockchain just like any technology that was sitting in a huge server room back in the 90s or 80s, these are really, really not human technologies. I mean it's code running on a very cold server. And our job that we feel is to inject that code
with a user experience that kind of puts magic and human touch behind technology products. So that does sound like a lot of buzzwords, but I can give you a really clear example with Koala. It's one of the fundamentals in Bitcoin and blockchain of storing your own funds, of keeping control of your own assets in a non-pustodial way where
you get to control your keys or coins. But it's actually not that easy when you get down to it between figuring out how to install a wallet, which wallet is right for you. It's a really complex process and even the best of the best when you download Gemini or Coinbase or trust wallet from Binance, they even have a lot of
those friction points that users are suffering through, you know, setting up that seed phrase and not copying it into your notes where it's going to get compromised. There's just so many challenges in that field, specifically because it's not a really human or native experience to us to be responsible for that
that large of, I guess, our responsibility. So we're all about flattening the curve of the adoption rate and just making it easier to use these mystifying technologies by putting a bit of magic, by putting a bit of a special code behind them to not only make them really usable, but really valuable and generally
some kind of value for the user. So that's kind of the idea in the mission behind Eucalyptus is to see every turn point where we can apply our skills in development, marketing, community engagement, and turn that into something much more than just a tech product that's looking for a subscription revenue or to take views.
And can you talk a little bit about what some of those features are that are going to help really onboard a lot of web2 people, people that are maybe called themselves crypto native but are still struggling to understand a lot of this stuff? What are some of those features that you are most excited and proud about?
I guess I can kind of step up here and answer that. I was just talking on mute the whole time. Oh my gosh. Let me just do my show really quick because I wanted to mention that directly in the wall of the first thing we're doing is flattening the curve of how difficult it is to actually get a hold of crypto and these new assets. So again, the first thing is that in the wallet.
You can quickly buy through a credit card or bank transfer and get your hands on some cadena But this is of course a really small niche environment and a really niche solution So what we're doing with that technology that we're already building in the application is building another service that's gonna do a few things first off We're going to make a really simple process for
users to input exactly the way of purchase that they're looking for, so that instead of going to Simplex or Changely or Buy Now and seeing their options, you're going to be able to aggregate all of those and their payment methods and their information of location and all that stuff right in one place. And the second part of that is making it super accessible.
So bringing that to individual communities in Kedena and crypto overall, but also making sure that all those services have the eucalyptus touch, which I would call, you know, making sure that there are community specialists available to answer your questions through support, making sure that there are translations that are extremely local and relevant to you so that you're not somewhere where it's difficult
the accesses martins already and then you're getting even more mystified. So that's one of the ways that we're applying again, not only the tech but the community side and the support side of eucalyptus and what we've learned from all these years working in wallets and crypto, applying it to making it easier for people to get a hold of that crypto initially. But I'm sure Chris has some stuff that I missed out there.
Yeah, lots of other ways that we're bringing this to the masses and making sure that it's accessible to everyone is bringing through the easy setup of the wallet. A lot of people have issues setting up their initial wallets. It's very simple in cadena or in a koala wallet. It's just a few clicks and you can get
get right into a wallet and then we also put a large emphasis on the education of how to set up a wallet and how to set one up securely. So when you first download the application, one of the very first few screens you go through are getting started screens which show information on wallet security.
best practices, things like that so that people can be educated on how to properly set up and operate their wallet. And then we also have a really amazing support website, support.collo wallet.io, which has amazing documentation that goes along with this. So if you have any questions,
questions, concerns, anything like that, you can go to that support page, find probably an article that correlates with the issue you're having or the questions you're having. And if not, our support team is always around 24/7 to answer your questions. We have an amazing Discord channel that people can join.
where we're all live all the time and you can even submit support tickets on our support website which we are very quick to answer a lot quicker than a lot of the major big players out there. So there's lots of ways that we are trying to make sure that this is an easy way to onboard not just
new users, but experience crypto users alike. And to add there, here's the deal. This is super incongruent. This education and information when you're setting up a crypto wallet. This is not what you'll see from larger firms or from a lot of startups because they're not interested in it.
They don't realize the importance sometimes, but also often they're just looking for that user pump. They're just looking for more people to join up to their service. And that can be really detrimental as you go forward in your development process as you build a community. So having that as an understood feature, you know, underlying your business model, your company,
at the Gecko, really change the game for users and for your company later on when it's more important to you to make sure that in two or three years this user is still going to be safe, secure inside of your wall environment. Versus we're just looking to do an exit and get a few hundred thousand users in the next few months, weeks.
years, whatever it is. So this is a philosophy we've applied everywhere at Koala in the Koala Wallet and with all the services and products that you've collected launches. We're in it for the long haul. We've proven that by being here for the long haul and I can assure you our planning is also, I hate to use the word the third time but for the long haul.
Thank you both for sharing all that. Can we talk a little bit more about the security? That is arguably the most important aspect and that's part of the reason why we're all here. But would love to hear a little bit more about how you guys have maybe some
different bumps in the road that you've experienced and some things that you've done proactively to really focus and have an emphasis on security. Absolutely. Security is the first thing we thought about as we were designing Kuala Wallet and it's really only second or it's followed by user
So with security for front and mind, a lot of people think that the security battle is really, you know, how nuclear encrypted can we make this service? But of course, that's not the main issue. The main issue is how secure can we make the service where it's still extremely usable and easy to access?
for users. So you can put all the encryption that you'd like on it, but if someone can't use it like their everyday wallet at the store, then I think we really failed. So it's always a constant battle, but we are really lucky to be working in a space where our number one selling point is that we're non-custodial. You're making those keys in your device, you're the person
So when I say security, we have to not only talk about the security audits we've done on our tech, not only the existing biomech features, the pin locks, the account verification, or the phone verification, but then we also have to talk about the
talk about how are we emphasizing all of this to the user, how are we making them aware and conscious of it, and how are we making sure they know that the burden of security is on them without making that burden too heavy to bear so that they run off to a custodial exchange and at a year of rep their funds. So I think this is a place where I've really
on the excellent counseling and advice of folks like Chris. And Chris, maybe you can talk a bit more about your experience in crypto. And why you probably have spent more time than 99.99% of people addressing user concerns, addressing security complaints, and why you're kind of the pro here.
Sure, yeah, my background history involves doing support, life support for a major crypto wallet that we used to work for as well. And I've seen it all, I've seen all of the different ways that people have lost their funds, have had their wallets compromised, and it really just comes down to their own security.
And we're going to go into detail on what the best practices are. For example, not screen-shotting or recovery phrase. You'll notice, too, when you first create the wallet, that's not even a possibility.
ability to screenshot your phrase unless you go into the wallet, deep into the settings, we have added the option for people to be able to do that, but is highly, highly, highly recommended that you do not ever do such things because your device itself cannot is not always the most secure thing or you may be
uploading those images to a drive somewhere or a cloud service of some sort, which will compromise your wallet in the back end. But we definitely believe that education is highly important to make sure that people are doing the best practices to secure their wallet and making sure that they're following those to a T.
make sure I do have a question if you can hear me. Absolutely. Hey Rebecca. Hey, hey, yeah, nice to meet you. Nice to meet you. So I wanted to ask you because I was trying to download a quality wallet on my laptop and actually said that my device is rooted and it's unsafe to use
cryptochys and rooted devices. What does it mean for the user and what steps should they even do? >> This would be easier to answer. I mean, first off, I'd probably ask a device type, and then once we really get into it, I'd ask, I'd refer to your Chris. >> Cool. >> Yeah. >> However, yeah, what do you use? >> Yeah, it's just
I'm asked, so it's not Android, but yeah, I just wondering how much user should be concerned or technical to understand, like, you know, what does it mean rooted and what kind of action I should take even as a user. Well, a really device means that you are pretty much not getting the security updates.
that Google provides through the Play Store, you're not getting some of the vital security things to properly secure your device that you've taken that kind of into your own hands. And when that happens, we can no longer pretty much guarantee the security of your wallet and you're definitely taking that into your own hands.
as well. Now as far as providing access to rooted devices, that is something that we've considered and something we may add in the future. But right now we're trying to focus on our initial onboarding of users to make sure that they're getting the most secure access as possible, which is another reason why, for example, if your device
is running an Android version older than Android 10, you will not be able to download the wallet because Google no longer supports anything below Android 10 and doesn't provide security updates which adds a more more vulnerability to not just your wallet but your device as a whole. And then for iOS devices is
well including Macbooks. That would be version 15.7 is the lowest you can go because again it's just making sure that the environment that your wallet is in is the most secure that it can possibly be. But in the future we may look into doing other things. We are also looking into possibly, well not possibly, but we are looking
into adding an extension wallet which may be more up your Ali for using on a laptop or PC. It's just a matter of making sure that your device is as secure as possible to ensure that your wallet in turn is also as secure as possible.
I do see it as a one step extra step for you guys to educate on security. Obviously raising more questions to me as a user, which leads me to a more research, which is good. Thank you, fans.
We would definitely invite you to join our discord where you can speak directly with our developers who would be able to go into watch more technical detail than I'm available to and we're always welcome to accepting comments, suggestions,
questions and things you like to see in the future including access for rooted devices. So I highly recommend going to koala wallet.io. We got links to all of our socials joining our discord and feel free to ask all the questions you like there and we will be more than happy to answer them.
Perfect, thank you so much. You don't want to take more time on this, but yeah, I'm already on your guys Discord, so talk to your devs. But yeah, thank you so much, and I'm glad to see open communication with your developer team. Thank you for the question, Rebecca.
I guess Kobe I'd love to talk a little bit more about launch and how it's gone so far and in any future plans for you know next next big things you guys are doing I know that's kind of a lot of different things to talk about but I'll pass it off to you. Sure so I guess I could talk about two really important parts of our
launch. The first was that we decided to go with a short period of beta testing to really flush out the rest of the troubles we saw in the application, but also to really handle launch process and get a good grip of how pedestrians wanted to receive the product initially. So we put in our hands, we created a really nice discord of people that were interested in testing out the product.
And something we're always emphasizing to how lucky we are to have is the amazing testers at Koala who already put the application through its rigorous paces before it leaves users. In that user launch process, of course, we found different errors with new devices we hadn't found, you know, a sheet on before screen sizes that were a bit off.
a really great testing team and again that rigorous testing process overall was just a core part of our launch process. I guess the second part is how we decided to roll out new features. We haven't been doing extensive betas where we put a feature in for a month and flush out the bugs. We have incredible testers like Chris, Fernando and Brennan on the team.
who really, I mean, Chris will tell you they put the app through some weird, weird user scenarios because like they've said, they've seen it all, I mean, they are farmers or whatever that commercial is. So the launch process from start till now, we've had a different type of rollout that again, we've attenuated, falling with community has been
been kind of receptive to. And I guess I'll dive into the second part of the question about new features and new things from Koalas. So the first side is that we're really focused on getting out features that have been existing in crypto worlds for a long time, like NFTs, like wallet connect, like connecting your app to different services. But we're interested in doing it in not a new
You don't need to reinvent the wheel, but in a way that's actually putting users first. Not just integrating NFTs in a marketplace that we can get a percentage of the sales, but have a wee input NFTs and we integrate them in a way that makes people actually want to socially share them. Makes you actually excited or proud to pick up your phone, rotate it into portrait mode,
and share your collection or your creation with your friends. So we're trying to develop these features in really with users in the forefront versus in other ways where a lot of services will just kind of throw them in there. That's a large part of our process. And I think there was another part of that question if you'd remind me, but let me know when I'd ink cover.
No, that's awesome. Really. Yeah, there was another question that I wanted to ask. Yes, okay. It's obvious that you and I've talked to you a little bit about this, I think, when we were in Miami and you gave me some great insights, but I'd love to hear a little bit more and if you could share with the community.
community here, how is it that you were able to build up such a great team? How are you able to attract such great people around you and make it this far? And it sounds like you've really done well. I want to know some alpha on that.
bring in great people on the team and scale up. Absolutely. So the first thing I'll say is if you know people you've been working with for a long time and you have the opportunity to work with them again, do everything in your possible capability to reach that goal. So you know, I was lucky.
lucky to have this idea pretty early on and know the people I wanted to work with because I'd work with them in the past. And that's really how we built up such a great team of eight or nine people who have been working with for a long time, Chris included, and it really proved the idea that if you know who you're working with,
you know the products you're going to get. So that was really invaluable. And the second element of that is that we had kind of, we got to jump the first and second part of starting a work culture. The first would be that inspiration phase of the founder getting up at 6 a.m. and doing yoga with the team. And the second is when they're all doing it already.
But we got to skip those because our team had a very operational code of culture of how we treat each other with a lot of respect, a lot of questions, everyone was invited to meetings and welcome to be in the room while being very cognizant that everyone has their strengths and weaknesses and we fill those out as a team.
So what I say to everyone in my recruiting, my recruiting calls is I'm not here to sell you on the culture I'll tell you that we love working with each other We love hanging out online and doing all this stuff But really when you come to you, Philips, you're gonna see it for yourself You're gonna experience it's gonna win you over and I'll tell you the truth I mean if you go and pitch to
a team that they're going to come in and be bewildered. If you don't reach at least a 9th, a 10th of that, then you're going to have a lot of trouble sustaining that team and that culture. But if you let them come into the fold and see what they add, see what gets attenuated and changed up, then that's really the way to go.
- Wow dude, I'm inspired. I hope Brian and Rebecca you're listening 'cause I think we need to start two in six AM yoga. - Yes. - No, we skipped it, we skipped it, they got four but.
That sounds like a great way to start the day though. That's really awesome. Very, very impressive. Tell me a little bit about, I'm going to call you out here, give me some mistakes that you guys have made along the journey. Some things that you did and you're like, oh my gosh, obviously we learned, but wow, that was ugly.
And I mean that sometimes we would make decisions either in development.
So, sometimes we would make decisions in development or in marketing that were a little bit too tied to market conditions for the temporary, not following that long term thesis. So, reminding ourselves to stick with what we know and stay true to our philosophy of 1-3-5-10-year journey.
That's really what's tied us back into fixing some of those mistakes and not falling to the bear trap of, well, this is happening so we have to be reactionary. You really don't want to be playing the game of predicting the market trend tomorrow or even the trends of NFTs or D5. You want to be ahead of the curve and remember your initial philosophy.
And to build upon that, there's really, you know, you can always, every project is going to always come into mistakes or errors that they make, but this is always just, you know, something you can turn around and turn into a learning experience and grow from it and only come out better on the other side. Like one of the things that we initially, when we started our
We did our beta a little bit differently than a lot of other applications and companies do theirs. Whereas you download an app from a store and then email or upload your feedback directly to an email or into the store itself. We went a different route of a more personal route of creating a
and our Koala Walla server, which you can even go into in our Koala Walla server right now and go back and read through all of the beta chats that we had where we were able to talk to people directly and get one-on-one conversations between the testers and our developers. That way we were able to build a related
With our users and that really went a long way, but you know right away we learned like wow there's a lot of interest We had over 700 different people sign up for our beta of those 700 I believe three to four actually like carry through into the beta so it was a lot of organization and You know right off the bat we kind of learned
"Okay, this may not work properly, this way, this may not work that way." But we adjusted and we came out better in the end and had a lot of really good feedback and I've really found a lot of really amazing years that have been with us from day one and have stayed the course and have been really instrumental in the building and production of the wallet.
Beautiful. Yeah. All right, so tell me this Mr. Kobe I know that you are a little bit psychic so tell me what in five years what is Eucalyptus Labs and Koala Wall it gonna be known for You know, I think Eucalyptus Labs and specifically
something like the koala wallet. We want koala to be the one-stop destination to being control of your digital life in terms of finance, in terms of digital assets, in terms of the NFTs that one day are going to represent your one block of golds, sitting maybe at the US Treasury building.
So we really see Koala becoming very, very global and ushering in this new phase, this new wave of people accessing the internet and joining the global economy. So I think about, we tend to 14% of people don't have internet.
and really take part in this new economy we're going to see emerge in my opinion quite rapidly. So that's really what we're focused on, which is why you hear us talk about so many translations, so many community ambassadors who are working locally to get koala out because this is really just the beginning.
once more markets move digital and the world starts to access not through money gram, it can money wise these crazy services taken 10% out of your pocketbook but the ones that you can download on any app, any type of system and get in control of your life digitally.
That's a heck of a vision and I really appreciate that. I'm curious if you have any concrete plans to kind of jump in and access that 10 to 14% that don't have internet. I know that that's not your job necessarily but do you guys have any sort of user acquisition?
Yeah, for the emergency. The crazy thing is, you know, we've done all of this before. I've worked so much with that other crypto wallet and we've worked so much with team to expand our services. And for me, it comes down to a few simple, like, almost rules. And I don't have them written down. This might be a kill. But the first idea is that when you're building a service that's trying to
into local communities or into underdeveloped areas, you really can't start from malicious intent of how do I make a profit and take the profit out of this community. If we're going to build services that are going to be accessed and used regularly by people around the world in their homes, a very important part of that is keeping a lot
of the profit and benefits of those services locally. That means hiring out local teams. It means working on the ground with educators and people, even through the landscape of influencers, to get the word out. But it really comes down to respect. That's why a lot of American companies just don't understand
stand or can't get through to a lot of these other communities that place around the world. And it's why they've suffered it's because people go there and say, how can I apply my very singular technology in the way I know to this totally new place or new market. That's never been our plan, that's never been our strategy in past ventures or now. And we're going to keep at it.
making sure that we respect those places we're looking to its standards by keeping a lot of the benefit there by making sure that they're not just our X amount of users in the Philippines. They are the Philippines user-based and community that have a big say in the product development and the future of their services. So I think it's a lot about respect.
Well, I really don't have a lot of words for that other than just, you know, what you guys, you seem to have such a great vision and a great idea of how a company should be run and how a product should be built and how a product should be built and how a product should be built.
should be solved. So really, really appreciate that angle. I'm curious what kind of, if you are at all, what kind of partnerships and collaborations are you guys looking for and open to in the coming year in the space?
So right now we're working with a lot of applications or service providers like swaps, like liquidity providers, bridges, decks, oracles, and we're trying to not only convince them to take a look at cadena and to build there, but to take a look at koala and see what kind of opportunity we have there. Again, we don't like doing it
When we know it's just to get a percent of something from a user that's kind of again in congruence with wanting to grow your service or product in a sustainable way So we're talking to all these different firms that are building swap platforms on salana or you know oracles on
Cardano and we're saying to them, we know that X-Coin came to you and told you how great they are, but we're coming to you and you know we're not the people making cadena. We're the people who decided to invest our life savings, our investment, our investments on the side, scrounge up money and put it towards working on the
building platform to really realize all that that can be done in this space. So we're looking for for young excited partners who are not just looking to make the quick buck or make an exit in the next year. We really want to find out who's building for three years, who's building with a 10 month
on their tokens on their project's equity. And honestly, we're finding them. Not only are we finding them outside, we're coming into Kadena, which you'll see more and more as grantees get discovered and announced, but even in Kadena, people have had to live through
Watching a bit slower development of the past years from Kedana, we're not seeing as much community engagement as they'd like and now those things are really starting to turn around. So it's built this really fantastic mentality in the community of these projects and builders of hey, we don't really care about the market conditions. We're not really going to care about if Kedana
is not ready in two or three months of its full promises, we know and we have that confidence in their team and their tech in the community that we're building right alongside them for the next years ahead in this developing space. And I think we've seen those people in crypto get rewarded again and again, and that's not something that will slow down.
Also, and I think one of the great partnerships that we've come across is that we have been working with the wallet connect team. I'm sure most people here who have been in crypto for a while and used wallets on other platforms are familiar with wallet connect. They are a great service that is
made an amazing protocol to be able to access, give wallets access to many dApps across many things. And we've been working with them to try to build out a cadena wallet connect to version that will be available for anyone to implement and it'll be available in both
That's another way that Eucalyptus Labs has been working not only for our own benefit, but for the benefit of all of cadena. So we want to make sure that when we're building these things and we're building out our own infrastructure that we're also thinking about the community as a whole and what could benefit everyone.
Yeah, I think that's one of our CTOs, movie-straver questions of mine or maybe his favorite. I don't know what he sees often, but it's like when I say, okay, we could wait for someone else to do it, but how long and what are the resources to do it ourselves and to do it right the first time and know the product we're getting? So that's something we've been lucky with on our team to#
that we're officially partnered with them. Not only is one of those wallets listed, but as a developer partner. And we're really excited to see them. And I think Joe will, for yourself, later this month in Denver for both East Denver and their wallet con, which is going to be really fun since again. I've been working on wallets way too long, and I can't wait to see some familiar faces there.
That's going to be awesome. Yeah, I'm really excited for it. With that, I think it's a good time to open it up to some questions from anybody in the audience that something we didn't cover or also to you guys. If there's something that you'd like to cover that we didn't.
You know as people think about their questions I'm gonna put her on the spot Rebecca. I'd love to hear you know Do you mostly do wallets on desktop? Do you we're just checking it out on Mac? I should say that when you download koala on Mac, it's not a proper desktop app. It's gonna be your m1 silicon ship
So, you know, like a great question. So I really download it on my phone.
my Mac and I kind of throw me off the banner just because I didn't know what brewing is or should I do something with it or maybe I actually assumed that my device actually compromised and I shouldn't operate further with color wallet but then I downloaded on iPhone from Apple Store and like
really really cool really smooth user experience. I just want to let you know that thing that I mostly appreciate and especially Alpha Growth really appreciate this approach that I can see all ecosystem of cadena and what I can do from your guys wallet. That's super cool.
Yeah, that's one of our main goals and why why we say that we are trying to build the passport to the cadena ecosystem. It's gonna be a one-stop app where you're gonna be able to access
the entire ecosystem. So that's really great to hear. It is definitely something that from very initial concepts is something that we've had in mind and are working towards steadily.
Yeah, I think that's one of the main issues across all the different ecosystems is what can I do with X token and I like really appreciate what you
are doing there. A couple quick, rapid fire questions as some people are coming up. Do you guys, are you guys, MEV resistance? Do you have to worry about MEV with the Kuala Wallet?
Toby, you wanna maybe cover this one up?
Oh man, hold up there. No, no, no, no, no, no, no, no, so, so if I'm right and I don't think I will be because obviously first to me, I'm not the technical guy on the team. We'll get you in touch with the right person. I don't think that I'd have a deep enough understanding here to talk about M.E.V. However,
that's something that I'll say this when I don't know these words and when I don't know some of these concepts and it's really hard to stay on top of each one of them. We go right to folks like my co-founders Tim and Angelo's who are you know out them on their age they're 48 and they're 49 but somehow both of them have ever made up to date with just about every company
and security actor is in a realm of blockchain. So while they may have discussed it as something else, as I'd recognize right away, let's definitely talk about that over DM or something like that because I think it has to do with a traditional block structure of transactions which we just don't face
similar problems with on cadena given how we're passing around transactions to multiple nodes confirm them through the chain web system. So let's let's talk more about that. Cool. And thank you for the question. They're 48 49. Where do they live and what is their social security number? That will be facts actually we still facts those things. Yeah.
problem. Okay. And then so you're using a wallet as a lot of discovery. Is this the main, are you guys the number one wallet in the Ketina ecosystem? You know, in our hearts and in our users, it's a yes. In actual downloads, I'm actually not too sure. We've had some other wallets talk about their
you once had is really going to change anyone's opinion. We're much more focused on connecting with the individual user and just proving to them before the metrics what kind of experience they're going to have on Koala. That's why it's so important to get them in less than 20 seconds and let them register that wallet right away. And it's also why we put so much emphasis in
time with our amazing developers like Varsik and like a Newtruck like Blaze into refining those little UI touches so that you're not waiting for it to load. You're not getting frustrated that you just tapped one thing into the weird animation. That's why it's so important that we can prove that we should be the favorite versus having to tell that
have those methods. Got it. And then do you guys run your own swap or you connect to a swap like a partner swap or do you kind of do like Dex aggregation? Yeah, so we're going to be connected to a swap soon. There's not too much on Kradina with crazy liquidity nor token projects overall, but just waiting till we put everything on
an asset on KDA that's going to be a lot of fun coming later this year from what I hear from teams working on it, with bridges and more and wrapping. So those things are actually really easy for our team because we've been doing them for so long. Now the next step is like you said, how do we make it a much better user experience of aggregation and the entire process of pay through where
you're sitting anxiously waiting for confirmation times or waiting to see am I really going to get held up with KYC at some service. So those things are kind of things we're working on now in the background just because the initial basic structure of the app is really what we wanted to get perfect before this stuff that we're pretty good at.
So a lot of crypto right now and crypto industry defy or NFTs or whatever is basically you go to these different apps and connect your wallet to the app and then there's this new breed of embedded defy where you have this monolith
website where there's 18 things that you can do. You just have to connect your wallet once. Maybe there's actually like a web 2 style login. Do you see the, I'm going to travel around to all of these different like websites as the future or do you kind of see ko, ko, walla wallet as being in this home base where
anything you want to do in the Ketina ecosystem will be embedded in the wallet. Kuala should be your jumping off point for discovery and for finding the tools you love the most, but it should make that discovery process much easier than it is right now. You shouldn't have to rely on a medium articles review of the top 5 2023 Dex's to make your decision.
You should be able to look in your wallet and see who's going to offer the lowest fees, who has the most active community and support response, and that means you have to know about all these applications and gaps. You have to be able to educate your users about them. And that's a side of eucalyptus at all that we've actually worked on since day one, specifically Chris.
Chris, could you give a shout out to the account you're using right now and explain why we're kind of well positioned to help people explore the depths and use Koala as that digital passport? Sure. So, cadenaecosystem.com is pretty much a explorer for the entire community of cadena. We talked to and
speak with pretty much all the NFT projects, all of pretty much anyone that's building any kind of service or project on top of the cadena ecosystem. We are in direct communication with them. We have many of the top projects directly in our eucalyptus lab server, so we have direct communication with a lot of these projects.
And they are helping us build the tools that they need and that we need to ensure that there's going to be access to all of these DAPs and all of these projects across the ecosystem at once. So we've been very lucky in the fact that we've been able to build this cadena ecosystem community and they in turn are helping
helping us build an amazing product.
and making sure it's a really proper and smooth process throughout it all. So, if you can't even get one thing right and you know do it super well, then it's going to be hard to do two or three little on seventeen. So, that's why we're much more interested in seeing where can we use our know-how to speed up the learning process that
connections to exploring versus thinking that we can take on such a huge task like that where I think firms will be much better positioned to innovate on. Like we said, those points of friction, like connecting your wallet there, getting your funds, all these really big points of crypto that are still really mystifying and difficult for users.
It's wonderful. I'm looking at the cadena ecosystem.com explorer right now. Very, very nice website. Very smooth experience. Really like it in the Kuala Wallet. Websites, really beautiful as well. Congratulations guys. This is like rad. You guys are like opening up and cracking open cadena for the average user.
We know that accessibility is charging forward. We know that the money from banks and VCs is going towards different companies making it easier to access financial markets, easier to take control of your own money. And I think we're well positioned to really be in this market right now where there's so much interest on how do you get to use your
feel right and how do you bring these new technologies to a large amount of people that have never even experienced something like it before. So it's definitely a great place to be in it. I'm excited. We have really interesting partners and people like you in the space coming to Kadeena because again I think it's just a really great fit of mindset and understanding that kind of outlook.
All right, cool guys. Well, thank you so much for coming on yours. Are any other questions maybe in the audience that didn't get addressed? Anybody else that's like would like to ask a question to the eucalyptus or cadena team? If you don't feel comfortable coming
coming up and speaking here, like I said, definitely join the Koala Wall at Discord. We are all in there. We're all very active. Rebecca's already in there asking questions. I've been chatting up with her in there. So it's very cool to see that, you know, we're very open. You're everyone's welcome to join. We're going to, we'll answer any questions
that people put forward. We're very open and very communicative. So if anyone has any questions, definitely you can go to our website, koalawallet.io and reach all of our links through that. And also I want to mention too that if you guys want to really help out as well, we have also opened a merchandise swag
store. So you can get yourself some really sweet koala gear, t-shirts, hoodies, stickers, things like that. We have a limited edition t-shirt and hoodies set that's up right now. So you can get, check that out as well at swag.collo wallet.io and get yourself some really cool swag.
Thank you Chris, but our Chris is like really amazet asking right now because we are chatting. This is coordinates here. Yeah, but you know, a fellow Hasler grinder. So guys, thank you so much for joining today. It was really pleasure finding out about, uh, could be down.
I missed the first part of that question, but I heard the adoption for this year. Sorry. Oh no, there was no question. There was just like kudos to Chris and your team. Oh, thank you so much. I mean, before
brisks things, I just got to get compliment Chris. He's on here every day. You never guess his time's on because he's 24/7. I tell him to take naps. And no, he's just, he's the man, he's the guy who can ask just about anything. And if you don't get your answer in three seconds, you'll have a specialist on the line like our developer team right away.
That's awesome. Thank you everyone. Thanks for having us. It's been a really great conversation. Really enjoyed it. Thank you guys everyone. Really appreciate it. All right. Have a great rest of your Thursday. Bye, everyone. Bye.