Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
Crypto Eagles X Layer One X
Recorded: July 29, 2025 Duration: 1:04:10Space Recording
Short Summary
Layer 1X and Quantum Dex are making waves in the crypto space with the launch of a groundbreaking decentralized exchange that emphasizes security, interoperability, and community engagement. The ongoing token sale aims to raise $2 million, inviting long-term investors to join a platform designed to tackle liquidity challenges and enhance user experience across multiple blockchains.
Full Transcription
Thank you. Thank you. Thank you. Hello everyone. Thank you everyone for joining. We will start at 9.10 AM UTC. Just wait for
a few minutes, please. you Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. All right, all right, welcome, welcome welcome even to myself how you doing everyone uh can you hear
me just making sure we're good to go i actually had a little difficulties it never happens on my
side and the first time it happened this time and i apologize for the uh little late start uh my son
woke up and he seemed like he had a fever so i i dropped everything was like let me take care of
him so i don't have i don't have a disturbance during the AMA.
And sure enough, right when I was about to start, he needed some medicine.
So I took care of that.
And then I had technical difficulties.
But glad to be here.
Glad everything's working out overall.
So, yeah, how are you?
Yeah, I'm good.
Been busy with the techs.
But it's good to be back.
Yeah, you guys are definitely, definitely rocking and rolling.
I will say, out of all of the ecosystems that I've personally been a part of from early on days,
from watching you guys start to being able to interview you guys for AMAs
and to just watch the overall ecosystem grow,
it's just really exciting to see how much you guys have been able to think outside the box
and really bring in a whole level of infrastructure for the,
the overall interoperability, I will say.
So definitely appreciate all the hard work everybody over there has been
doing. And yeah, I just can't really, really wait to dive into everything today.
Let me just bring up my notes real quick.
So I don't forget about anything we were talking about today.
And then we'll just, we'll just kind of just go from there.
Yeah, so, you know, Mike's good and I'm good.
Let's just kind of rock and roll.
I'm sorry we're running a little bit late, guys,
but definitely excited to have you guys here.
We're having Layer 1X.
A lot of you guys are familiar with it.
If you're not, you're more than likely familiar with their tech and what they're doing
because multiple projects that are across the board
that are extremely popular and used on a daily basis
actually has a lot of their tech in the background. So it's just really exciting to have you here,
kind of the leader in the interoperability. I believe before it was even kind of a coin
turn, you guys were already so far into development. So it's just definitely glad to see someone,
see a huge problem that needed to be taken care of, you and your teams did, and then to see where
you're at two and a half years later, it's just really exciting to see that.
So that being said, here's a little introduction yourself, you know, a little bit about your role over there at Layer 1x, and then jump in a little bit of what I hear of Quantum Dex and a little bit about its ecosystem.
I'm really excited to kind of dive into that.
Yeah, for sure.
And thanks for having me again.
So I am Kevin Cutina, founder of Layer 1X and Quantum Dex.
So Layer 1X is, you know, a decentralized infrastructure that is built for performance, of course, but it also has native interoperability, which allows you to seamlessly go from one chain to the other.
other. And Quantum Dex is a decentralized exchange that is built on top of layer 1x.
And it's a chain agnostic decentralized exchange that's also powered by certain elements of
artificial intelligence. And it also has first of its kind liquidity loan model, which we'll get
into a little later. But the main ideology behind Quantum quantum decks is to eliminate or remove the
limitations that people have today while they list their projects for the first time or if they
wanted to extend their listing and you know if you if you walk if you walk through an example
let's just take crypto egos right so let's say you wanted to launch your own token on a centralized
exchange or a text you need two things one is need liquidity. And the other one is you need accessibility that people from other networks,
including, you know, Bitcoin, Ethereum, Solana can buy in and exit out of your token. And that's
exactly what Quantum Dex solves. Through smart contracts, we have come up with a way where you
can borrow liquidity. And at the same time, users cannot be rug pulled.
So if a project has started off with 100 grand in liquidity with a loan model on Quantum Dex, the projects can't rug pull the users.
And on the other hand, the best part about it is the moment you list on Quantum Dex, that very moment, your token can be bought and sold from cross-chain networks as well.
So currently, we have around 10 to 11 projects in there.
We've got around $1.5 million in TDL.
We just launched seven weeks ago.
And we have opened it up to everyone now.
So, you know, until last weekend, it was locked.
But now, you can just go on L1xapp.com you can go to the token
section it's all no code tool based so you can mint your token straight up over there filling
up a form and list your token borrow loan if you wanted to and off you go
okay so i will definitely say you're taking the whole dex to a next level i love the whole whole quantum, obviously, the naming for it because, you know, we're all getting ready to have that new quantum algorithm coming out and everything.
So it kind of kind of name kind of fits the purpose.
But I definitely am impressed with what you guys have been able to achieve with going from, you know, the utility project that that's, you know, interoperability to actually bring in a DEX that's actually fully interoperability but also bring a lot of features i think that a lot of users have been
asking for a long for a long time and that's a little bit of safety or a little bit of security
in their investment um and i think that you know what you guys are laying out there kind of gives
a little bit of uh kind of foundation for that overall um kind of that rugless approach to allow
people to have a little bit more of like almost almost
safety when they go to sleep you know like I remember what two years ago it was uh don't fall
asleep you know that's when your bags move and so I think having that little bit of security and
extra protection for the users is a huge win and a feature that uh you know you guys are obviously
pushing right now which is I think is going to be a great win and I mean you guys already have
a huge community but this is just going to help feel much more
of the investor sentiment coming towards
what you guys are doing over there, over that deck.
So I think it's pretty exciting.
So, you know, kind of touching on that deck,
let's kind of just kind of give it,
I mean, you did give a good overview,
but kind of give us a little bit overview
on the kind of the way you're utilizing the AI
with your guys' tech. I think that's the hot term that everybody's kind of the way you're utilizing the ai with your guys's tech i think that's the hot term that
everybody's kind of talking about everybody wants to know about uh but you guys are using it in a
whole different way that i would love to kind of get your two-piece on it kind of get the
computer's idea on how ai and your guys's quantum decks is really benefiting with each other
yeah um just before that you know if you look at certain numbers um over a period of time
you know these numbers have been analyzed and 68 to 70 percent of the projects that list today you
know every new token you see every day falls under that number um they start with less than 25 000
in liquidity and you know the biggest challenge over there is you know the price impact of course
and then you
creating a virtuous cycle of people buying in because they can buy in with minimal price impact
and then more liquidity being added into it but if you start with less than 25 000 in liquidity
your chances of survival after six months is less than 15 right and these kind of numbers are very
scary so what we did was we tried to understand how could we solve this using, you know, a text where projects could come and list with us.
But at the same time, you know, what we have over here are smart contracts.
But how do we then understand what kind of smart contract structure should be set up for the projects?
So let's say you're a project, you come in.
The AI allows you to analyze
your project. So it could be analyzing, you know, your token if you have already listed, it could be
analyzing at the back end what kind of scope does your product have which we use to, you know, come
up with a loan number. So once your project is analyzed using AI, that's number one. The second
part that happens over there is you
can pay, you know, collateral using your own project token. So this is for the very first time
a non-reserve asset can be used to lend and borrow, you know, a native coin, which is L1X,
which is then used to deposit into the liquidity pool. So you could come in and say, I need a
hundred grand in loan to start my liquidity pool.
We may go and say, the AI may go and say,
okay, I need $300,000 worth of your project token as collateral.
You deposit that and then you're given $100,000 in L1X
to start your own liquidity pool.
Now, what happens over here is,
one of the biggest challenges is
whenever you're trying to trade,
the price impact has to be kept under certain conditions. And of course, the liquidity does that. But on the other hand,
the custom range, which is if you are given $100,000 in liquidity, does that $100,000 fit
into your listing price up to 10,000%, up to 20,000%?
When and how should that liquidity be used?
And that is derived from a risk score that is given to every project that lists on the text.
Based on that risk score, the price impact and the range of the liquidity can also be updated.
So what we are doing over here is not only analyzing your project token and thinking,
okay, if it's good to be given a loan, but also at the same time, once the trading starts,
the custom ranges in terms of the pricing that has to be set is also done through AI.
And those numbers are derived through AI
and it helps us, you know, tag the project
as if the project is risky,
if the project should be, you know,
allowed a little bit more loan
or if the project should be allowed
a little bit more leniency
in the custom range on the price as well.
Because what would happen over here is
if a project came in and borrowed $100,000 in loan,
they could mint their own token and swap out in L1X and drain the pool.
But because we've got custom ranges where the liquidity will not be used if you're trying to swap out of L1X below your listed price,
then there is a protection and there is a sense of security for the users that, you know, the smart contracts, first of all, are handling,
you know, the loan process. And number two, there is also room for growth. So setting up the project,
number one, is done through AI. And number two, you know, there is room for growth that is being derived, that's done through AI. So at both the places we are using AI.
That's fantastic. I think that, you know, utilizing AI but not doing it to to an extent where it feels
like it's oversaturated for your ecosystem allows you guys obviously to focus on where it needs to
be focused on while also offering some of the best parts of the ai analysis obviously you know
analyzing a token trying to figure out where you can position yourself is an important thing but
being able to have that information at hand, very powerful. Appreciate that. Very transparent. And I will say some of this is going over my head. So if anybody here
that is a community member that is still kind of not understanding everything, please take the time
even after here, even during this, to join in on socials, jump in the white paper, kind of
understand what's going on and what the recent updates are. Because even myself, I'm in the
ecosystem for over seven years.
Some of this is pretty fascinating and new tech branding stuff
and really kind of bringing forth a new way, hopefully, for other people to follow.
I think that it's really important to see the foundation built, obviously,
by a strong team like you guys yourself.
But then to have that hopefully carry on to other ecosystems,
I think it's an important win.
Because, you know, we've talked about loans
over the last couple of years,
but they're always very fishy,
very risky.
And there's a lot kind of to it
that if you're not understanding,
you can really be liquidated pretty quick.
So I think that having a much more transparent
and easier understanding way to get loans,
but then also a little bit more secure
for the users,
I think is a huge win.
But kind of my question is,
and, you know, if maybe I didn't catch it right
with your explanation or just an introduction of it,
you know, please, please enlighten me.
But how is this much, you know,
how is this sustainable in the long term?
And what happens if the project kind of fails
or underperforms during that time that, you know,
that they're launching and they're trying to kind of grow
and scale with the loan that's backed by you guys?
Yeah, I think that's a good question.
And I mean, the first one is,
there is capital efficiency at the get-go.
Like as a project, when you want to launch your token,
you go and raise capital.
That's the first thing you do.
If you have built your product
or if your product is already built,
that liquidity is always locked.
So if you wanted to go and list your token on Uniswap, you need to buy RAPTD, you need to buy USDC and pair it with your own coin, right?
That's how you allow people to buy your token.
Now, that liquidity is always locked in.
And that's one of the limitations even we faced initially in the initial days.
of the limitations even we faced initially in the initial days and with the loan model um you know
we make capital efficient for the project where they could take that same money and spend on
marketing or they could spend on the product development because they don't have to lock up
that kind of liquidity in there that's number one number two is in terms of the liquidity that is
being borrowed a lot of times the users on the DEX, you know, face these
kind of issues where they are getting rough pulled, you know, from projects where a lot of
these coins are given out to marketing agencies, you know, influencers, and these influencers are
the first one to go out of the door. And these are the situations where, you know, project is
sustainable because the liquidity cannot be rough. And that all is
done through smart contracts. There is no centralized code here. Everything is managed
through smart contracts as well. And the third one over here that we see more often is, you know,
the price impact because the users when they go in and if you if you've got less than $25,000 and
you want to do a thousand, $2, $2,000 trade, you're going
to face a price impact of more than 5%.
And that is where most of the people try to not do that trade because the 5% price impact
is pretty high.
But in the long run, and this is where we are trying to position the AI.
So in the long run, right now, the model is around understanding the project.
It's around understanding the token, the pool.
And in the long run, there will be agentic AIs that we will launch on quantum decks that
will be able to go and trade on behalf of the users based on the user's intent.
Now, this is a step up process.
So my current PhD at the University of western australia is in asian
tick ai and blockchain and you know one of the biggest challenges today of ai on blockchain is
how does it access the data number one but also how does it how do it does it create intent like
this is what i want to do these are the kind of tokens i want to buy so at this at this particular
stage we have the wallet addresses that are connected
with us. We don't need to dox them. But at the same time, the AI is understanding what kind of
intent does the user have, what kind of tokens the user is buying, what kind of projects are doing
well on the platform, right? And that is where that long-term AI agentic model is being built,
even right now, from the data that we are trying to collect.
So it is a long-term process, but from the very beginning,
we are the only DEX at this particular stage
where we have a working AI model.
We've got around 10 to 11 pools that are launched
that are users trading in every day.
We even had one of the coin called Biscuit go up 30,000%
and the holders are still holding that coin.
So we've got a very strong community, you know, as well.
Well, yeah, no, most definitely shows that you guys obviously have a really strong community.
You know, definitely no doubt about that.
I mean, you guys have been building communities for a long time, delivering for a long time.
And like I said earlier, when I, when, you know, a lot of people don't realize just utilizing some projects that more than likely, if it's a cross chain or a great, you know, cross platform or just cross blockchain communication, whether it's full interoperability or even just a few chains, a lot of times they have your guys's tech behind them.
So I definitely know there's a lot of us here that appreciate the hard work you guys are doing, but definitely impressed on that you guys aren't stopped cooking.
Like literally every time I've talked with you or get a major update from you guys, it's always been really exciting.
So that being said, I mean, we did talk a little bit about the AI Power Token Analyzer.
And I think that's a really, you know, obviously important aspect, obviously, to the ecosystem.
But I love how you guys are taking it in steps, right?
Like I was saying earlier, you're not oversaturating the situation, you're allowing your ecosystem to
kind of mature and build. And then you guys are obviously just continually building on top of
that. And obviously, it shows with the next step with agentic agents, you know, AI agents being
able to come in and not only help with your overall time in, you know, with getting data and
doing your research, but also, like I said, you know, with, with getting data and doing your
research, but also, like I said, you know, you fall asleep, right? You never know when the price
action might happen. You might be asleep and you have it set to like 50% increase, take some profit,
right? And I think that's a one great way to be able to automate your, your, your portfolio,
but never feel like you're, you're missing out on those, on those chances for gains. So,
so I just think it's's it's a huge win
overall and it's also going to just limit a lot of the risk and allow traders to kind of really
expand uh their ability so appreciate the hard work i just want to kind of give you a kudos and
those that are not familiar with layer 1x like i said earlier please take the time to follow them
join on their their socials especially twitter and turn all those notifications on they're very
active um and that's we're going to get a lot of great information early on. And, you know,
especially as they continually launch and bring new utilities out, there's going to be a chance
for campaigns and anything else for you to be able to jump into. So that being said, though,
I want to kind of jump in a little bit on the overall vision. Like, what do you see the kind
of decks evolving over the next 12 months? You know, how big do you really, is this really going to get? Obviously, I know you guys want to reach the moon and beyond, but I just want to kind of decks evolving over the next 12 months uh you know how big do you really is this
really going to get obviously i know you guys want to reach the moon and beyond but i just want to
kind of get a gauge on how you see the next 12 months are still laying out for the quantum deck
yeah so you know first of all um if you go to the decks right now which is on l1xapp.com
you have a token builder which you know through a no code tool anyone here
can go and build a token and the complete decks including the token builder has been built with no
gas fee required so it's a gasless mechanism how you go in and trade you don't need to buy the
native coin and go and start trading you could just go in there with any coin you have with ethereum with finance with bitcoin solana and start trading on
that text so there is a no code tool there is a you know a no gas fee uh operating mechanism in
there as well and one of the biggest challenges we have seen that you know you see new layer ones
come up and they go in and build their own decks
one of the biggest gap in there is there is a blocker in terms of how you can get into that
specific decks or buy a token on that text and go out of it so that in itself you know has been
solved with us from the very beginning because we believe in multi-chain we believe in cross-chain
interactions the user should not be locked into a single ecosystem they should be able to go anywhere they want
so that being said in the long run the way we try to position the decks is we are trying to build
an intelligent system around the user's identification where the ai based intent models can be used across the other dexes as well because
of course uh you know with this uh with the loan model that we've got going on with the
immediately you going cross-chain uh with the infrastructure and speed that we have we are as
fast as arbitram or solana if you go into a transaction right now you'll you'll see that
but apart from that all these dexes are going to reach a saturation point in
time and they've already started seeing that right because there are only that many projects there
will be only that many uh users of course it's growing but it does have a saturation point
so we are trying to focus more on building a user-based intelligence system where a user
wanting to create not only on quantum decks but also using their identity on layer one
or the quantum decks can go and trade on any other taxes based on the intent system as well
utilizing the x stock and l1x infrastructure for cross-chain interoperability so the quantum decks
plays the biggest role for us over here you know uh knowing that projects have real world problems
of liquidity real world problems of going cross chain.
And at the same time, we are still trying to figure out as a Web3 community, how does AI fit into Web3?
So our goal was to make sure that we solve the fundamental problems first and then we address, you know, the transparency and security through AI.
And that has worked for us. But in the long run, it should be as if you're
using, you know, sign in with Google across multiple DEXs and an AI system behind it,
trying to do transactions and trades for you. But not only that, it could be used in multiple
different dApps as well, where your profile today on the blockchain does not have a credit score.
But we kind of believe that, you know, based on the data that you collect on the blockchain does not have a credit score. But we kind of believe that, you know, based on the data that you collect on the blockchain,
there should be a credit score
that can be given to you in the long run.
And the beauty about that is it's composable.
So you could use it in games,
you could use it in real estate,
you know, applications on the blockchain.
There are so many different places that could be used.
And that is where the layer 1x is interoperability,
the fundamental AI that Quantum Dex is building,
and the third part is the agentic framework
that will combine both of these things together
and let the user swim across Web 3 without any barriers.
Yeah, no, most definitely.
I definitely agree there.
And that's one thing I've been extremely impressed with, what you guys have been able to build. And like I was saying earlier, and you know, I don't like to name drop too many projects, but it's something that I use like almost on a weekly basis. But it, you know, it's jumper dot finance, and it utilizes your guys' technology in the background. I'm just impressed with what you guys have been able to do, because I believe that same thing, right? There should be no barriers.
That's the whole reason why we joined crypto was to beat the barriers of the Web2 banking system
to then come on to the blockchain and be more fragmented and be more lost and much more confusing
to just go from one chain to another chain.
So what you guys have been able to do from the very beginning, extremely impressive,
and it's only gotten better.
And I've seen personally
how fast you guys' TPS has gone,
just the overall infrastructure
from the original Layer 1X
to now being able to expand
to a DEX offering,
you know, that full-fledged ability
to be a part of any ecosystem
with just a click of button,
no matter what native token you have.
I think right there alone
is what is setting the stage and kind of boundary.
But I want to kind of gauge just overall your thought on how do you think the architecture
is influencing the broader conversation around the DeFi and real fi, the kind of the new
way we're kind of looking at infrastructure of investments from RWAs and beyond.
I kind of want to just get your kind of pick on it,
your kind of idea on it,
because you guys are obviously building for the future
and everything you guys are doing has just been spot on.
And now with a much more advanced feature decks,
I think it's just really neat
how far you guys have really gotten.
But I want to kind of get an idea on how you feel
that what you guys are doing
kind of is going to influence the overall ecosystem yeah I think you know um I mean if we take a few steps back right you see uh you know
to fill in the gap like I mean Bitcoin if you take Bitcoin is not replacing code it's replacing its
limitations and similarly L1X and Quantum Text isn't here to replace L1s and Xs it's here to
replace its its limitations.
So there are two big challenges that we have currently in Web3. That's how we see it. The first one is in crypto, hype always gets the first funding. Fundamentals get the last.
But when you have all these noises that start fading, it's the real builders and innovators
who remain. The project deaths in 2025 alone you know
they're a testament to that and the other big problem that we are seeing currently in in web3
is our d5 is there are projects that are over leveraging their tokenomics you know that has
unsustainable emissions or rewards that they are trying to give out to people and you know not
enough appetite for utility now Now, that's good.
I mean, rewards are good, right?
Everybody likes rewards, right?
But what happens over there is they dry up too quick, right?
The projects run out of capital,
the rewards dry up too quick and people end up wasting their time.
So the way we try to position ourself
is in two different boxes at this specific stage.
One is architecturally,
we believe that projects wanting to launch on a
text should not come up with their own form of capital, but it should be based on the community
it currently has, the type of the project it is, the genuineness of the project. And at the same
time, there should be fundamentally an anti-rug feature the moment you launch on attacks. I think that is very important
because, you know, your order book is pretty visible on your centralized exchanges. In
decentralized exchanges, there are tools available to give you token holders analytics, but not every
DeFi user is going to go in and analyze each and every specific metric about the pool. So the anti-rug
feature is fundamentally what we want to push,
where that should, number one, be the use case. And coming to the second one is, you know,
bootstrapping the project immediately with the loan, plus making them accessible through cross
chain, you know, where users are not stuck into an ecosystem. Like today, if you go on a tax on
NIA protocol, I mean, you know, what kind of bridging are you using?
Once you go in there, you can't get out of it.
So I think these fundamental flaws
is what also keeps like DeFi users a little scared
and away from new Dexas.
Like, am I gonna be Ruggpool?
Do I have a way to exit this?
Do I have enough information?
Do I have enough technical information to go
and analyze this so we want to make it as seamless as possible for projects to come and list and also
at the same time for the users not to spend too much time on analyzing the project but maybe based
on what the user has done in the past like you know based on ai trying to make a decision for
the user in the future so number one is the anti-rug feature.
Number two is making cross-chain an integral part of the DEX.
And number three is learning based on the user's journey.
Like the user spends a lot of time today on Web3.
But where does that data go?
So making sure that user's data is respected and applying an AI agentic model to that in
the future, making it easier for the model to that in the future making it easier
for the user to do what the user is currently doing oh there you go finally came off me i
plus like three times and elon was like no you got to listen a little longer uh but no i think it's
really exciting obviously like like And I agree with you.
I'm glad that you look at it like we're not replacing anybody,
but we're showing their shortcomings and allowing them to be able to upgrade
to a better feature set and better for the community.
Obviously, everything you guys have built, regardless of it,
has been so selfless overall.
Obviously, it helps your guys' vision and your project grow
and the foundation for Layer 1X to continue to expand.
But it's technology for the greater ecosystem, if that makes sense.
Like everything you guys have been doing is to help the overall ecosystem.
And you guys have been one of the first movers.
So I'm very impressed.
I know a lot of my community members obviously was excited and impressed. I had a great conversation with some of them before the AMA.
But it just shows that the power of what you guys have been able to do, not only for your community, for your project and your team, but for the overall infrastructure
that basically the D-Pen before it was called D-Pen, right? And so I'm just overall impressed.
But one thing I think that we need to touch on, you know, or that I actually want to ask is a
little bit about community right uh because you guys
have your new decks and a lot of new uh stuff and be announced do you guys have any active campaigns
or any activities you guys are currently doing for uh the community so they can kind of get a
grasp on the technology but also you know being rewarded along the way just something i always
like to ask i forgot to put that in my notes but i wanted to make sure i touched on that before i
moved on to my next question yeah of course we've got an active uh campaign going on in terms of airdrop so there's
an airdrop season two that's currently ongoing and it's all linked to tasks it's very clear what tasks
you've got to do uh you know what points you get out of doing those tasks and it's based on a
leaderboard so you know there's no surprises in terms of what points you're going to get rewarded
in the airdrop.
So we have kept it very transparent.
And if you want to get more information about it,
you know, you just go to l1xapp.com
or you go to l1xapp.com slash airdrop
and you will have all the information there.
Perfect, perfect.
And I'm glad that you were able to get that
kind of question done kind of precise.
You know, I know I kind of threw it out there left wing, but I know a lot of community members, you know, are looking to jump in.
But I think that just kind of incentivizes them a little bit more to want to jump in.
So you guys heard that now. Make sure you guys are looking into that campaign.
Jump in, be a part of it. I know a lot of you guys have really great communities that might want to jump in themselves.
So a lot of times you can get really great points, but just by referring communities in to the campaign.
So make sure you guys are checking out that campaign.
I don't want you to miss out.
And then kind of moving on to the opposite side of that, a little bit about founders.
How, you know, any advice for founders who are, you know, planning to do TGE or cross-chain?
I know that a lot of technology can be overwhelming, but you guys have definitely been very, I would say, hands on when it comes to projects trying to grow on the cross chain.
So just any advice on where they should start, where they should be looking at?
Yeah, I think, you know, after speaking to probably, you know, hundreds or thousands of projects in the last few years in different cycles of where people are at Layer 1X,
I think there are two to three points that I come down
to as the founder of the protocol. The first one, and I think that is the most important one, is
not even your technology, not even your utility, not even the community. I think you got to
strengthen your tokenomics and your emissions by heart. And what I mean by that is rather than focusing on giving
away rewards, giving away points that will bring in, you know, short-term satisfaction, I think
that long-term satisfaction should be focused upon. And if that's what, you know, you're aiming
for, if you're aiming for a long-term, I think that's number one. Number two is, of course,
I think that's number one.
Number two is, of course, what we try to do at Quantum Dex or at Layer 1X is,
you know, I mean, we are not trying to fly into 10 different directions.
We are focused on our swap technology.
We are focused on our bridge list technology.
And we are trying to demonstrate that through Quantum Dex, right?
So even today, the number one selling proposition on the text is the moment you list
your token becomes cross-chain compatible that's been the proposition three years ago and that's
the proposition today so i think sticking to the narrative is pretty important because i've seen
many layer ones they keep changing like today we are this and tomorrow we are that and they keep
changing the narrative and the community gets confused as well and i think the uh the third one is um over
marketing you know utility or the product even when the utility isn't there where you know all
you're going to get is shillers you're going to get people who don't actually use your product
or you know and we've always avoided that i think that has been one of our strong proposition where
um let me give an example like the quantum text has gone out.
You know, there is this,
I mentioned previously,
but there are, I think,
10 or 11 tokens listed right now.
There's this token called Biscuit that has gone up 30,000%
and people are still holding that token, right?
And that just doesn't happen on any other text.
Like if it goes to a 30,000%,
people sell out.
And you can see the, you know, the proposition or you can see the strength of what you're trying to build through your product, through your tokenomics, through your utility, reflect into the community and the community reflects back into these three things as well.
And of course, it's going to be hard because the moment you stop giving out rewards and emissions, you know, I mean, there are people who will stay, but there are people who will move. And that, you know, that's pretty hard for a founder. But I think
for long-term sustenance, that has to be done. Because when we launched, there were a few other
interoperable protocols and layer ones that launched and they shut doors, even when they
raised 10 times more money than us. But I think one of the reasons that we are still here and growing is because we believe
in fundamentally making it correct first and having a strong community and a strong narrative
around the problem that we genuinely feel, which is the bridges and interoperability.
We are still stuck onto that one problem.
Yeah, no, I definitely totally agree there.
Just overall, you know, founders definitely need to don't rush it, right?
Take your time.
Make sure you do it right.
You know, sustainability is one of the most important, I'd say, the overall aspects that was really missed.
And then, you know, as long as you have a great economics and sustainability, then it's really just about focus on retention, right? You know, you could focus so much on new growth, instant growth, but if you can't keep those guys engaged and keep those guys following along and being part of the ecosystem and supporting you for much more than that, you know, first couple of big pump candles in the beginning, it gets kind of, you know,
overwhelming, I think, for a lot of founders. And that's one of the big steps that they miss is
they want that instant trending, that instant explosion that, you know, and then everything
falls short. They grow too fast before they can really push it. And I think that, you know,
maybe a little other aspects, I'm not sure. I'm not a founder of some of these great projects, especially Biscuit. That sounds really exciting. I missed out on that one. But, you know, it's just impressive to just the overall see any type of meme project be able to launch and then still be able to hold a great floor, you know, after that kind of run. I mean, it's just unheard of so just overall i definitely encourage people right now as we're talking please jump in and and check that out kind of like give your own hands-on approach i always say
you know we can talk about the technology or or the type of things that you guys are building but
if you know if people don't get in there and actually get a hands-on approach they might not
understand or really uh take in what you guys have really built exactly exactly and i think
you know this whole bridge uh and and more important than that is the gasless approach
where, as I mentioned, you can have Ethereum, you can have Sol, you can have BTC, any other coin.
You can just go in there and start using the tech straight up. Just go to l1xapp.com,
go into the quantum portal section, you'll see the pools listed there. And we've kept it very
transparent. If there are pools with low TVL, they we've kept it very transparent if there are pools with low tvl they are in another category and if there are pools in high tvl they are in you know
a separate place so that kind of transparency is there as well you can go in there you can check
the swap you can swap into uh you know any project token that's listed on the decks you can swap out
of it as well immediately um and it's a working product that has you know that
we spend a lot of time not only just building but thinking about how to solve a real problem right
and if you look at the loan as well for example if a project borrows a hundred grand
in loan where the loan terms are not like a shock the loan terms are like okay let's start
you know you repaying back the loan after six months, up to
three years, for example. And we kind of want to move into a direction where if a project is good
enough, the fees that they collect from the loan LP should be enough to repay back the payments
over a period of time. So I think that in itself, you know uh is a strong indicator to people wanting to
launch their own token or pool as well that we don't want to invite you know projects that just
want to list for the sake of it these are projects that actually want to do good by the community
want to start with the high tvl and uh you know we are uh we are currently working with cmc coin
gecko uh you know dex screener dex, all these guys to go and integrate Quantum Dex into it as well.
See, like I said, you guys are surprising me every day.
If you didn't really catch that alpha that he just said, guys, you guys are missing out.
You're not paying attention a little bit more.
So make sure you guys are listening in.
And even after here, make sure you guys have turned those notifications on and following in, because that's going to be really exciting to be
able to see how fast you're going to be able to translate great projects onto those platforms so
that they can get the credit they need. I think that's another thing that we've been missing out.
Obviously, in the help permission is decentralized aspect. We love that anybody can be anybody and
can start something from nothing. But then that leads to a lot of, you know, either developers that or CEOs or would have founders, whatever you want to call them, that missed the mark, you know, when trying to grow.
They might not know how to actually push it or grow a project.
And then that fails and it ruins a lot of people's mind.
But then we have a lot of scammers, right, that are out there trying to figure out every way that they can to squeeze a dollar out of the ecosystem.
But then we got, you know, you guys out there
literally pushing the boundaries
on much more transparent, safe,
and almost riskless trading.
Obviously, you know, there's always risk involved,
so don't take my word from it,
but it allows you the tools and the ecosystem
that's gonna help, you know,
kind of give you a better
understanding of the market but then a lot of those risks that are that are mitigated are are
huge for people that probably don't even understand uh how they even fall into these risks i think
that's a huge thing and that kind of leads me in uh to kind of uh understand or not not understanding
but how can users and or builders kind of get involved with the decks right now i know it's live but you know just for the founders how can they start looking at applying
to launch their project on the decks and uh what what should users be looking at as they you know
get their first experience over there in the decks and kind of kind of start utilizing your guys's
quantum decks yeah i think it's very straightforward like as Like as a builder or as a project that wants to list your own token,
you just go to l1xapp.com.
You go to Quantum Portal or you go to the token builder.
You mint your token there.
You don't even have to code.
You can just mint your token over there.
And there are various configurations.
Like do you want to set a max supply of the coin?
Do you want to burn your coin?
Do you want to do X, Y, and Z based on your token? And within 60 seconds, you can have your token minted. And once you have
your token minted, you can head over to the quantum portal where you can go and create a pool
where it is going to recognize your token that you already minted. Once you start off, you can start off with a few grand
in liquidity or a few hundred dollars in liquidity. And the moment you, you know, mint your token and
head over to the quantum portal, list your coin, it is integrated into our cross-chain technology
as well. So currently you, you know, you can go in, list your coin. And once you need to apply
for a loan, you can go in and head over to the loan dashboard as well.
So the loan dashboard is a self-service platform
where it will allow you to go from start to the end
in terms of the loan approval process.
So there is no manual intervention.
Once your token is whitelisted, which is your listed,
and once it's whitelistedisted you can go in through the
loan dashboard process and this is for the very first time in web3 we have a loan dashboard
service platform where from start to end you can go in borrow up to a million dollars in liquidity
and launch your pool i mean this is exciting obviously i i, I'm not a founder, but I know there's a lot of friends of mine that are founders that are looking for their next ecosystem really jump into.
I'm definitely going to be pushing them and tell them, hey, you don't need to look at an ecosystem to jump into when you have all the ecosystems at your fingertips.
There's no need to actually even create your own roadblock for your project when you can obviously utilize your ecosystem and be a part of any chain and all chains at once, allowing you for almost free marketing, you know, across different chains.
I think, right, I think just that alone is a huge thing.
But then being able to offer ways that they can grow, scale and expand their liquidity pool through your ecosystem is a huge win, hands down.
So, all right, well, I'm sorry, go ahead.
Yeah, and that's just the beginning of the loan process where you've got gasless transactions
you can do on the DEX.
You can mint your token in less than 60 seconds without any gas fee.
You can list your token without any gas fee.
You can borrow a loan through a self-service platform.
Not only that, you can go and, as a user, analyze a token.
So if you put in a token on Uniswap, for example,
it will give you a complete analysis of that specific token
in human-readable language.
And taking it further, based on this whole infrastructure,
we are updating the decks on a day-to-day basis.
We're working with communities like Biscuit
and other ones that are already there.
We've got multiple different projects
that are listed on the DEX.
And this whole AI agentic model is also in play.
We are already building that out for,
which any user would not have ever witnessed
in Web3 or Web 2,
that this is what you can do with an AI agent.
So how cool the loan model sounds or minting your own token,
gas-free and listing sounds, the AI agentic model coming up soon
is going to be 10 times cooler than that.
That's exciting.
Definitely, I'm looking forward to seeing how you'll be able to push and scale, obviously, the decks, but obviously with helping, obviously, the projects that are launching, which in turn just strengthens your community, their community, and the overall ecosystem community. Very impressive. And it was funny, as you were speaking and giving love to Biscuit, I see Biscuit in the audience giving 100s and loves right back to you. So it's very awesome to see the support.
And I'm literally saying that to the community
when I talk about this,
you got to literally see the support
that the head foundation or the head ecosystem,
layer one X is doing
and supporting the projects that are on there,
but not on turn, not just that in turn,
what they're doing obviously to support you guys.
That's fantastic.
That's kind of like the old school vibe that we had in the early meme days of 2020, you
know, to kind of come back where supporting across each other is important.
Even now we've grown so much in the last few years, but we're still so far from being a
well-established financial wheelhouse for the world.
Right.
And so I think that coming together
and supporting each other is 100% the way to go.
So definitely love that.
Biscuit, community members,
if you guys see Biscuit,
make sure you guys join them in
and see what they're doing.
Obviously, you know,
Layer 1X was talking about very strong floor,
very strong team, very strong community.
That's a win-win overall.
Obviously, it's not financial advice,
but I always say, go check them out. That that's important so that's kind of a little love there
since you were giving them a huge amount of love during the ama and i've seen them so figured i'd
shot them out also uh but yeah no yeah i'm sorry yeah i think the best thing is just go in and try
the text out like just go to l1xapp.com just try the text out and you'll see all the tokens listed there and to see
the community join in you know l1x discord join in the biscott telegram um you know all the projects
listed over there you can join in their telegram as well but the moment you go into like just take
an example of the project listed which is biscuit telegram you'll see uh you know the community uh
is is holding strong i mean as you just said right what kind of a meme
holds 30 000 right so um we are you know pushing projects and communities that that are here for
the long run and i think that's what even the technology is trying to do for the projects
yeah no 100 and you know and i i've said this to my community, I don't know, millions of times,
and I'll still hand it to them a million times more.
You know, you can have a really great project on the face.
Everything will look great.
The utility will look great. But if it's not the team behind it pushing it isn't great, isn't strong,
then more than likely you just have a bunch of vaporware.
And it just shows the strength of you guys, obviously,
proving your guys' record time and time again.
You guys are coming back and showcasing so many times here at the Eagles and shown there's so much growth
and consistency. And then now you're spreading it out to help other projects grow and scale.
That right there just shows the strength of the team from layer one to the teams that you guys
are helping grow on your guys' decks. So definitely encourage people to check out the projects,
check out these leaders, follow them along, be a part of what they're building now and what they're building in the future, because that's how we not only keep
the scammers at bay, but it also helps you overall grow and scale and learn and educate yourself in
the ecosystem. So I think it's a huge win. So I know we're getting close to the top of an hour.
I know I was a couple minutes late, so I do apologize for that. But I know you're a very busy
man with everything you guys got going on. I'm sure you have a lot more marketing to do. apologize for that but i know you're very busy you know very busy man uh you know with with
everything you guys got going on i'm sure you have a lot more marketing to do so uh with that
being said i don't know if maybe you want to do a last minute call to action anything you know to
the community you wanted to say uh before we get ready to wrap things up here yeah and i think one
of the thing i'd like to address up here is we have a quantum sale uh you know token sale ongoing
and there are two things to that.
The first one is, you know, we are only raising $2 million
at $2 million market cap of the DEX, right?
Which is, I think, extremely low.
But the invite is only to people, you know, on the sale
who is here to hold the token long term
and be a part of the Layer 1X community.
We would rather not have the money uh raised and have fewer people who join in and stick in the
long run then raise the money and have people exit after so the quantum race is definitely on
at 25 cents and we are listing it on first of september at a dollar um of course there is uh
you know uh there is a best thing associated
to the coins you get five percent on tge day which is for september but that being said uh you know
this is for people who believe in you know the technology or the community that we are building
and who are here to stay for the long run the goal here is to expand the community have more token holders um and the initial uh liquidity
pool that we are starting with the quantum token is a million dollars so 50 of the amount that is
raised is going to be put into the pool as well and that's to prove the community that you know
we are here for uh you know making sure that everyone has a great experience using our product as well
yeah you know obviously i want to chime in there uh because that's obviously a huge win for anybody here looking to get into an ecosystem that is still very early because you guys are literally
the the linchpin of growth for other projects you know so it's just the expansion there is going to
be endless and i already know you guys you guys have been proving it time and time already.
So I don't want to float anybody's or putting a smoke up anybody's butt or or put any in any, you know, not not find out the advice and do your research.
But I will say from my personal experience, and I love to kind of use that myself, is I did the same thing.
I got into a utility project that was had had big
aspirations big hopes and i held on and it had a the mass of this red candle you could ever think
of but the team was strong team was very very solid had a marketing plan and they pushed it
very hard and i did very very well so i definitely encourage those that are looking to have uh you
know a great token added to their portfolio um but also a chance to really have some really great gains
as you guys grow and scale.
I think they should definitely look into the sell.
And I love how you guys have been able to position it
for a vested kind of sell
because ultimately the tokens are the most valuable thing.
They should be treated as gold in everybody's hands.
So putting that limitation allows people to kind of treat it gold in everybody's hands. So, you know, putting that limitation
allows people to kind of treat it that way.
And it also, like you said,
it puts those people that are looking to come in
and invest in perspective saying,
hey, we'd love to have you here,
but we want to make sure you're here for the right reason.
And I think that is a great sentiment
that you guys are pushing.
Yeah, 100%.
Yeah, and I think, you know,
the last one from myself would be
just go into l1xapp.com
you know just try it out like you know see the product in action like i think you know that
should speak you know louder than anything over here see the product in action it's it's built
you know with a lot of thought and it's not built you know for uh you know it's just to just to rave
about it but if you see it working you see the swap working you know, it's just to rave about it. But if you see it working, you see the swap working,
you see how seamless it is to, you know,
just mint a token, mint a token,
try to list your token,
see how simple and straightforward that process is.
I think there's a lot of work gone behind it
and that will tell you the whole story.
Yeah, I think, yeah, I think the host dropped off. off but yeah that's all from my side um and um
yeah just go to l1xapp.com try it out i think that's that's once you see the product in action
you know no words just use just when you see that product in action it's definitely going to make
you understand you know why this has been built over the last few years with you
know proper research proper infrastructure and why we also have a pretty strong community those
who stand by us you know they always stand by us so I think maybe just go to l1xapp.com and have a
look at the product I think that's it thank you I actually got rugged myself right there they're
literally right right after speaking I went to hit unmute and and and say thank you i actually got rugged myself right there literally right right after speaking i
went to hit unmute and and and say thank you i appreciate your time and everything and it just
literally just kicked me out uh from from speaker i was still in here listening so that was at least
i didn't miss anything but uh i was able to get back pretty quick so no no i definitely appreciate
the hard work you guys are doing and people definitely need to check you guys out and i
agree you know we can talk about your guys great technology i can you know like i say give you guys all the kudos
from what you guys have built because i've been a fan since very early like i was there
very very early i think it was uh 2021 in the summer 2021 when you guys launched i was literally
there at launch day you know like i was i've been supporting you guys for a long time so i might have
some bias behind it but there's a reason why, you know, great teams, great products need to be always showcased, always given as much highlight and talked about whenever they can, because you guys are strengthening the overall ecosystem.
And I definitely encourage people, like you're saying, to get into the platform and get a hands on approach, because we can talk about the great parts of it, but nobody can really understand it and see the value that it might have to your
everyday, you know, journey in crypto in order to actually get in there and check it out. So I
encourage you guys to go and check it out, give you guys some feedback and let me know what you
guys think about it so that I can do a good write up on it later on for some of my communities that
want to jump in. But yeah, overall, man, I really appreciate your time. You're always welcome back back we i love having this is what my third or fourth conversation with you guys so i i actually
enjoy you guys um i'm i'm always there trying to keep in touch so that being said though from from
my community side um from my side we definitely appreciate what you guys are doing and we just
definitely looking forward to seeing how the decks now goes and then whatever you guys are
going to lay your hands on next,
obviously is going to be gold.
So we can't wait to talk about that later on.
And for the community, please take the time, jump in there.
They have an airdrop going, they have the decks that's live.
You can really start seeing some huge value there,
but also the limitations of being able to have to figure out ways to be able
to interact with different ecosystem, different blockchains.
I think that right there is a huge win that layer one has laid out for you guys come in check out the decks and
be able to interact with any ecosystem regardless of what your your native coins are i think it's a
huge win so appreciate your time and as always it's not financial advice do your own research
um but always always stay safe in the space um anything else you want to share with the community
before we close things out no i think that's it just go to l1xapp.com and I think that should tell you the rest of the story.
Right. From there on, your journey and true cross-chain interoperability really
will open up for you. I hit the wrong button. Sorry about that. No, but yeah, make sure everybody is going
and checking out their ecosystem partners because not only are you supporting L1X, but you're
also supporting the projects that are building on there. So anyways, I appreciate it, buddy,
and you have a great day, and I can't wait for our next conversation.
Yeah, thanks for having me.
Cheers. having me cheers
