DeFi Roots with Azos Labs

Recorded: Jan. 22, 2026 Duration: 1:07:18
Space Recording

Short Summary

Excitement builds for East Denver as community engagement surges, with strategic partnerships and innovative projects like the Unicorn Wallet set to enhance user experiences in Web3. The introduction of funding initiatives and yield opportunities further underscores the growing momentum in the crypto space.

Full Transcription

Thank you. Okay.
we got the co-host thing sorted.
Now I'm finally a co-host.
I was in the impact concert and, uh and I know we have our space starting now.
Yeah, it's fire over there.
I'm sure that TV and Jimmy will send people over here afterwards.
That's kind of the plan.
the party going, but
So we'll keep the party going. But, yeah, just getting things started here.
yeah, just getting things started here.
And while we have
Kingfisher Media popping in,
we got Russ.
I see another Buffacorn on my screen,
so that makes me happy to see.
Gearing up for 8th Denver,
are you Rachel?
I'm ready. It's the season.
It's the season. It's Buffacorn season, man.
I can't wait.
It's coming up pretty fast, you guys.
Like, what do we have now?
Like, three weeks?
Two weeks?
Three weeks?
Yeah, right around there.
Three weeks.
It's crazy.
I'm really excited for the splash that Azos is going to make at East Denver.
I'm excited to see you all.
What did you say?
I said I put on my Buffercorn too.
You guys are sponsoring the Sportwell Lounge, right?
sponsoring the Sportwell Lounge, right?
Yeah, I believe so.
Yeah, I believe so.
That's pretty hot.
So, Russ, a little context here.
We have a lot of our community friends having an impact concert right now.
So I feel like we're going to see a turning point on this space
when a bunch of people come in when that's over.
So, yeah, but that was a great
space. Definitely was enjoying that. I think I saw Russ over there for a little bit as well.
I was just popping. I was thinking this was an hour earlier. So I was like, oh, I might as well
listen to what they're talking about. But then, I don't know, as it does, something always happens with my X feed after I've been listening for like 10 minutes.
No worries. If you are in the audience or one of the speakers and you can like and retweet the space, it'll help get everything amplified.
Yeah, we'll get started in about two minutes with some questions.
We can just kind of talk a little bit about things that are going on.
So we will have the POAP word halfway through.
spaces, we announced that anyone donating to projects using AZUSD for the giveth rounds
will be eligible for seed claims. So if you're donating to causes using AZUSD,
share a post of that, and we will make sure that we get you included.
share a post of that and we will make sure that we get you included
um today we're joined with russ from my unicorn
account and eath denver uh russ do you want to give a quick
intro tell people a little bit about yourself
sure i have uh let's see i I'm a recovering e-commerce and Web2 person. So back in the old days, I ran a company that did all the e-government for the state of Hawaii, including payments and stuff, which I actually think was really fun because people used it we did all the apps from paying your taxes to ordering obama's birth certificate which a lot of people did um and uh then after that because of
cannabis believe it or not got into crypto back in 2013 and um and implemented a custody-less
cashiering system that dispensaries and others could use to receive
bitcoin payments which worked surprisingly better than the payment systems do now which makes me
crazy about the intrudification there but i can talk about that later then moved to moved from
hawaii to colorado with wanpe left that and and started at the Governor's Office of Information Technology
at the state of Colorado, where I was in charge of blockchain stuff, as well as deploying
the first and most successful digital driver's license in the United States, so a fully digital
driver's license that a human could use, not just something that some computer could use to get
you through tsa if the reader happens to be working uh did that for about two and a half years
then came to eath denver because we partnered with eath denver when i was at the state
to run buffcorn ventures did that for about a year before also being asked to help to be chief
of staff for East Denver,
presided over that for the next couple of years
where we had a really great time.
And then the end of, I guess 2024,
I left East Denver, I'm still a board member,
but I left the chief of staff position to go full time with Unicorn.
So my Unicorn account, where, you know, having seen firsthand all the problems that people have trying to do Web3 stuff,
we found that, you know, Unicorn, a lot of the lessons from ETH Denver to make all of that easier and to make it so people don't have to be educated or to leverage the technology
and so that we can stop talking about Web3 and just keep using Web3.
And that pretty much brings us to the day.
Great. Thanks for that intro. It's awesome to hear about your state experience.
So were you part of Hawaii as well?
I lived there for 20 years.
What about Denver? Are you a Denver native these days?
Well, I'm not a native, but I've lived here for about 10 years, maybe nine years, actually.
Amazing. I love Denver.
We got some Denver folks here in the
house. We got King Fisher as well. Hey there. Oh, by the way, wow. I'm seeing a lot of folks
come in now. We have easy and crypto out there, uh, driven Labo time. We're getting all of our
friends popping in here. Uh, some of them who are over on the impact space and, uh, yeah,
if you guys don't
mind just taking a moment to share the room out hit that retweet button so we can get more folks
in here and i am really excited uh not only to dive into the updates for azos today but to also
share more about unicorn.eth with you guys and uh also fun fact you guys uh we actually partnered
on-chain media is now partnered with unicornicorn.Eath. So I'm very excited
about that partnership. Russ has been amazing. I love what his team is building. And Russ,
maybe you can give us the high level TLDR of what you guys are doing. Sure. So I think, you know,
everybody understands when we talk about the experience of Web 3 is kind of a bucket of crap.
It doesn't matter if you're like an OG or you're brand new.
The fact is, is managing your own keys eventually will get you.
We even heard news today about a pretty well-known OG in the space having her wallet drained
because of an odd click.
It happens, you know, every week that you get them.
That people have to worry, newbies have to worry about like gas and what network they're
going to use and how to use Wallet Connect, which wallet to connect with.
All these things that are just, that add friction to every time somebody wants to use something.
that add friction to every time somebody wants to use something.
And at the same time, you know, big companies like global brands,
they don't just want something that is, oh, go do this and go do that.
They don't want to give out directions.
They want whole experiences and they want to manage them really, really closely.
And so what we did with Unicorn was to create an experience layer that ties together the idea of having an account that we would be comfortable with in the Web2 world with a non-custodial smart contract wallet that you have control over, that you can tie multiple emails to and things like that, give an environment where the gas can
be sponsored, that a business or a brand can actually create that overarching experience
that you get an ENS name and a DNS name associated with your account, that you can have like simple
Venmo-like functionality to send money around. And that at the end of the day,
you can do all the things that this brand wants you to be able to do, to be part of their community,
to know what to do with that new NFT that you got, or how to find other people that have it,
or do things leveraging whether Web2 technology or Web 3, all without
ever having to use Wallet Connect or any other method for connecting a wallet and an experience
that lets people not have to learn about crypto to use crypto, which I think is fundamental.
Because just imagine if when credit cards came out, if you had to go tell people, oh,
you know, that strip on the back is really from a tape from an eight track tape player.
And they just pasted it on so we could have something that we could read. Like,
they weren't stupid enough to tell people that they had to know that to use a credit card.
Right. We shouldn't have to tell people how Web3 works to get all the advantages of Web3. And we shouldn't leave businesses and brands out there trying to lasso users.
If they want to really provide value, they should be able to design the experience and
know how it goes, not just do airdrops and leave.
I'm already soapboxing.
No, no, I love that. we're here to have you go into what
you're passionate about what you're building and russ i have to say um you know i i've worked
adjacent to you with you for for years now and i feel like what you're working on you're working
with really good people you know seeing griff on the unicorn team i mean i actually i know of
unicorn because you know i just saw saw Griff like running around East Denver
with a unicorn horn on.
So I got the TLDR back then.
But yeah, seeing you working on it now,
I feel like you're tackling something
that's really needed, right?
Like the infrastructure side of our space.
Like a lot of us say we're in web three, right?
But we're using a lot of web two tooling
and you're actually making it
so there's more on-chain elements. Like we just tokenized my domain, you guys, for my website. in web 3 right but we're using a lot of web 2 tooling and and you're actually making it so
there's more on chain elements like we just tokenized my domain you guys for for my website
uh which was really cool and like and just all the little things you could do like that like
token gating a community um i am exploring a lot of this for on-chain media and and figuring out
how to optimize like the the on-chain infra right that that unicorn provides so um anyway that's my soap
bob i'm excited about it uh we're excited about it too i mean i can't wait for you to be you know i
think there's an opportunity to move beyond just the tools that are out there um to connect with
people and and i think you guys are hopping on at the perfect time.
Thanks, Russell. One of the questions that I want that is, it's kind of an easy one. You already
kind of explained it. But as I was explaining it to people, I realized that the words that we use,
people don't quite understand them. So if we were casually discussing this, we might call this account abstraction.
And when I was talking to people about account abstraction, they were like,
why would I need account abstraction? What is that? Can you explain that really quick and just
tie account abstraction into everything and the benefits that you were just talking about?
Sure. And I, you know, when somebody wants to hear about the tech behind you were just talking about sure and i you know when somebody wants to hear
about the tech behind it we talk about account abstraction but we really don't want to talk about
it at all right what we want to talk about is having an account infrastructure right an account
that you're pretty used to seeing with any system
you might log in today that's web to.
Now, we keep the information from your account very, very thin
so that we're not in custody of any of our members' data.
So it's like basically the slug that you want to use
or your handle, the email address that you use to log in and um and
a graphic or you know that that's about it and uh and everything else goes directly to whoever like
if you sign up for eath denver there's a form you fill out we don't keep that that goes straight to
them we don't cash that or have a honeypot for people to get into. We do it very intentionally because all these other systems that have these Web2 systems that have accounts, they have so much information on you.
And they're clearly selling that information.
They are clearly in a position to abuse it.
it and that is not what we're about what we're about is letting you have the ease of use of
And that is not what we're about.
accounts and then letting you have the functionality of a wallet that's attached to that
right and and that's really the key is that this is that you have this wallet that is attached
that gives you all the functionality and so i don't i think it's not useful to talk about like
So I think it's not useful to talk about the nuts and bolts of account abstraction as much as it is to talk about what you can do when you have a wallet that is self-custodied, especially when it's a smart contract wallet, which means that you can have multiple transactions having at once if any of you are e-tenver or sport sport
down members you can see that staking is much easier when you use the built-in unicorn wallet
than it is when you use your own wallet you don't have to sign two different transactions they're
all just batched right there and so the key to this is it's not a wallet and it's not an account. It's an account that has a wallet. And I think that is like when you look at it back at a higher level, that's what the good thing about account abstraction is because people have all these different addresses and they're freaking confused as hell.
We try to cut through all that and make it so that it's much simpler.
One other thing I'll add to that is that, you know, if you use a service that makes a wallet for you, right?
So there's Web3 applications that they'll use like Privy or Alchemy, create a wallet.
You log in and so you have an email that's tied to that.
One thing I feel like is that your wallet is being orphaned,
You still have an account, but it's only for that one app.
And you have a wallet that's only for that one app.
And if you have assets in that wallet,
how are you gonna get it out if that app goes away?
And so with our system,
unless we do have clients that wanna keep it separate, but the default is, is that everyone, if you use an email, so if you go and log in to, you know, to on-chain media when that's deployed, and you use the same email address that you used for your ETH Denver account, well, then you have the same wallet.
your for your ETH Denver account well then you have the same wallet now it looks different because
one you know because ETH Denver only has three tokens on there right you USD,
Stakes, Spork and Spork to keep it really simple but on chain may have a host of them you know may
have lots of different things so it's really you know oh whoops sorry i might have accidentally muted you while you're speaking
hey russ can you unmute
darn it sorry you guys i fat fat fingered that one i don't know
i was wondering where he went oh no hey sorry what was i saying damn i was probably
like you were just talking about hawaii i was just past what you were just past uh well you
were way past hawaii i thought but you were you were touching in on the three tokens that are on
that are in use and then the other tokens like Anche.
So for the ETH Denver experience, they only want you to see three tokens.
They only want you to see a handful of NFTs, right?
And the reason why you don't want to see all of them is because any of us know in our own wallets, we send or receive USDC and suddenly we have 10 bullshit coins that have
been sent to us. They're all named USDC. And figuring all that stuff out is atrocious. It's
hard. And if you interact with those tokens, bad things can happen. So you don't have to do any of
that. The wallet's still there. It still has those tokens. But as far as the brand you're in, they don't want you to worry about experiencing that.
When on-chain media, you go there, you set it up, there are different tokens and different
NFTs that are visible.
Some may overlap and some may not.
And that's exactly how it's supposed to work.
You still own the wallet.
That is still yours.
But the experience can be driven by the brand that has it. I want to take a moment here and also kind of talk about
where the Unicorn Wallet is. People likely have been using it and not known it already. So can you talk a little bit about
where the Unicorn Wallet is, where people have probably been using it, and how easy it is to
integrate into other apps to support the Unicorn accounts? Sure. So the, and of course, Penguin, you know this firsthand, but it's provided by ThirdWeb.
So ThirdWeb is our provider for our smart wallets.
So we leverage their infrastructure a lot.
And that gives us a lot of advantages in that even the way that we can do sponsoring of gas,
that we can do sponsoring of gas the way that we can track activity based on um based on this like
success track success based on nft deployments or stuff like we did for a bit basil if any of you were
at bit basil this year you saw the fingerprints of humanity exhibit that we had where we had people
mint their own nft of a picture of the art that they provided
that's actually going to the moon,
which is freaking mind blowing.
But you've got that, then you've got the, to integrate,
we have a library that we've published called AutoConnect.
And if you use Wagme, then you're talking about like between 12 and 17 lines
of code you put into your main application and then it works just a lot with all the wagons
if you don't to make any changes to the rest of your code um it's really simple um and and uh you
know penguin uh actually was one of the one of the team was led the one of the projects that actually uh
checked out what um what some of the issues could be about like lazy loading and stuff and so really
helped us iron that out we just really recently were doing something to get it so that um web3
modal um can work with it out of the box as well. So it really is very simple.
And in most cases, we actually just have a Claude agent that we set up to go do it.
It's like it does 99 percent of the work and then you can just tweak it.
So it's really simple.
Should I post a link to the library up here?
Oh, yeah, absolutely.
Let's get that pin, let's put that in the Jumbotron.
Let's see here.
By the way, I want to shout out,
we have some OG human beings out there.
You guys, we got Tree Gens, we got Cali Crypto,
Driven Lobo, Driven Lobo, very excited to see here today.
John, Will T, Rocky, thank you guys all for being here.
And if anybody wants to come up and hang out with us, it's family vibes here. If you want to come ask a question
or learn more about Unicorn, Azos, just pop on up. And yeah, Jimmy, I don't know if Tree Gens is still
in the impact spaces, so totally understandable if he can't come up. But yeah, Penguin also have
a POAP today. Do you want to share about that before we dive a little deeper here?
Uh, we've got about eight,
eight more minutes before I'll share the code for the PO app. Uh, so that,
but yeah, get your PO app ready for that.
We'll share that in about seven minutes.
Um, yeah, I do
I do want to also talk
just one second about
the places that you
you can use the Unicorn Wallet
is the Eat Denver app as well
so if you signed up for Eat Denver
you are already using it
so if you got your ticket
you stake spork from it
not only this year but also previous years.
I'm not sure how many years we've been using Unicorn.
Is it the past two years?
This is the second year.
This is the second year.
And also there's the USDC claims for Spork members.
So people that stake Spork can also use the Unicorn account to claim their USDC's for past Spork participation.
Yeah, and Penguin had something to do with that?
Yeah, just to give the update on those numbers, because I pulled them yesterday,
there's about $100,000 worth of that patronage distribution that's still out there to be claimed.
So if you've ever been to Eat Denver and you staked any of your spork,
you probably have a percentage of that to go claim. So head to app.eatdenver.com and log in.
Yeah. And if you have it staked, you can also, of course, stake there and you can see it
firsthand, which is cool. And some of the other systems that have integrated with us is like Lemonade, which was the ticketing system.
So you'll note this here, once you go in and you claim your ticket, you can then just click on it from there and see your QR code.
They'll be issuing a PO app to everybody that walks in the door and checks in with Lemonade.
So that's really exciting.
We've got integrations with, you know, and this is
basically them just implementing the Auto Connect. One of the ones that's really cool is Gladiator.
So I know the on-chain media team knows Dan really well.
Dan the man Hendrickson. We love Dan. He's our wizard of a developer on the team.
Yeah, and he was one of the first teams when we came out originally to, of course,
I had known him from Buffcorn Ventures, to integrate. And the beauty of it is,
as you can really see there, and I think, Rachel, you probably added that to your domain.
But you just click on it and it's automatically connecting.
Any of the links, if you go to any of our hosted communities that say DAP on them instead of app, those are going to be connecting via Web3 to a system.
So it will automatically connect the account wallet that you have to that service.
And they'll provide
sponsored sponsored transactions and things like that so we have a whole bunch of um like you can
go to the arbitram um arbitram.ac or polygon.ac and see some of the different like we have lotteries
that we've launched um i think that let's see we've got hedgy that's been integrated we've launched. I think that, let's see, we've got Hedgie that's been integrated. We've got,
I should have the list of all the different teams that we've got integrations with,
but I unfortunately don't have it at the top of my mind. PoEAP, of course, you have an ENS name
that's associated with your account. You log in and you can claim any po app with that without
the ns name thanks to the beauty of interop you know the net is that we're leaning in really hard
to make it so that all of web3 is visible is is accessible through through unicorn if the brand wants it right so what you don't want if you're like east denver
or um or on chain media or whatever brand is you don't want to have your users going and checking
out things that don't help them in the experience that you want them to have right so you're not
going to see something that's going to get you to go sign up for ETH CC at
ETH Denver's portal just because they want you to focus on ETH Denver not ETH ECC that might happen
afterwards you know but you're not going to otherwise see something like that in the same
way that you're not going to get you know if you're at Coca-Cola's site they're not going to
send you over to the Pepsi taste test.
You know, it just wouldn't make any sense.
But that's what we do in sort of Web3 all the time.
We have all the options open all the time.
So there's a maximum opportunity for distraction from what you're really supposed to do.
Yeah, we talk a lot about it.
Sorry, Russ was cooking. I had to bring out the soundboard
We talk a lot about focus
And that's exactly where it is
Kingfisher, did you have a question
Yeah, Russ
I'm looking through the website
I really love what you guys are cooking over there
It does promote one-click onboarding Is that really true? Yeah, Russ, I'm looking through the website. Really love what you guys are cooking over there.
It does promote one-click onboarding.
Is that really true?
Can you tell us really how organizations and communities,
how easy it is for them to get set up on there?
Yeah, well, so for members, it's, I mean, technically, it's like three or four clicks.
But if you go to that app.onchainmediaco.unicorn-account.com.
Yep, that's pinned above, by the way, for anyone.
If you go to that link, you'll see how easy setting up an account is.
Like if you haven't already done it with ETH Denver, and ETH Denver's got a much more complicated one than most would have because you have to join a Colorado cooperative to be able to get the free ticket.
So they ask for some information from you.
There's the airdrop that happens.
There's the staking that happens on your behalf
so that you can get that free ticket, right?
So as easy as that is,
it takes less than 90 seconds to do all of that.
It's even easier if you don't have a requirement for your community
to do something like that you don't have to provide your legal name you don't have to do
any of those kinds of things so take a look at the on-chain media one and to see how that
onboarding works as far as setting up your own community if you want to do that you can go to
myunicornaccount.com and set up an account we
allow developers and teams to set up a free five person account and you can see what the what the
administration looks like so you can create an account set it up choose the tokens that you want
the networks that those are on the collections the, the NFTs that you want, make posts, choose the
out-of-the-racks applications. If you've got your own app that you've done integrations with,
like Penguin and I did with a claiming app, you can do that. You can test it.
It's all made so you can do things in a very, very simple way.
made so you can do things in a very, very simple way.
Hey, I see a hand up, by the way. We have the one and only Jimmy here from TreeGens. I want to pass it over to Jimmy, but real quick, Russ, I have one question for you before I do. I would like to break this down because you're the core infrastructure partner for ETH Denver. I want to break that down for people just learning about Unicorn. What does that mean? And also, what value are you bringing to ETH Denver. I wanna break that down for people just learning about Unicorn. What does that mean?
And also what value are you bringing to ETH Denver?
And also if you wanna talk about the value
for communities like on-chain media too.
So the first thing ETH Denver,
you know, there's a reason why we've always called it
the largest, the longest running
and largest Web3 in-person experiment in the world.
And anybody who came to ETH Denver's before last year knew that there were probably at any given time,
50 active experiments going on.
You'd have to set up a special wallet.
You might have to go onto a test net. You might have to go on, add a new network that you've never used.
Maybe you have three or four different wallet providers, basically a complete shit show. And while it
was exciting, it wasn't something that you could depend on to work. And that wasn't okay. And every
year we had people getting rugged by telegram messages that would
come out or other, other hacks that would be trying to convince people to let them drain
their wallets, fake sites, all these kinds of things that really, especially when you get a
new person coming in, really can tarnish their whole thing. And if you're, if you're no G and
you went there, you got, you know,
a thousand bucks drained from your wallet
or something, that's even worse, right?
So a number of things working against
having a good experience at East Denver
and at any other conference
or any other event you try to do.
Also, you think about like back
when Budweiser and Heineken were and nike were making nft
collections you know they you had to go get a wallet you had to go do all these things
and then and then what you know basically they failed because there was no way to even give any
sort of decent instruction to people who had these things because there were
so many different wallets, so many different distractions and things like that. So what we did
is we learned the lessons of ETH Denver and we made it so that you can't use Wallet Connect
or any other method to connect to an app or a DAP that you want to use unless that brand has listed it as one of the
ones that they want you to use right so um this gives them the control they're paying for it
right this isn't something that's like you know it's marketed for consumers it's marketed for
to be b2b to see and so this lets them guide you into what you should be doing.
At an event like Eat Denver, it's imperative. We used to send out messages about some new action
that you needed to do, like staking or getting a ticket or anything. At least 50% of the emails
we would get over the next three days was, is this for real? Right? Is this a real message?
Because people don't want to get rugged. You know, you have to make five or six decisions
when you want to use a DAP. And the first one is, is this a scam? Is this authentic?
Then it's like, is it worth onboarding to the DAP?
And then it's like, is it going to take up too much time?
Is it too expensive to do?
And then you've got some other lower level ones.
But by the time you get through all those decisions,
most people aren't going to do it.
When you can go to a portal where you know everything on here is the official deal,
then suddenly you don't have
to make those decisions and you can just click with confidence that your wallet is not going to
be drained just because you clicked on something because you know that you're on the trusted
platform. So you're on the trusted portal that you're going to go on. It stops you from getting
all these other things. And you can also reserve your wallet, your EOA wallet that you have for other things like in DeFi that you already know.
OGs can use it for those kinds of things, and that's great, right?
But for the other things which are just more fun or, you know, just fun stuff, not that they're more fun than DeFi.
Just fun stuff, not that they're more fun than DeFi.
Making a lot of money is great on DeFi, don't get me wrong.
Making a lot of money is great on DeFi, don't get me wrong.
But just, you know, if you want to claim a ticket, if you want to do something fun, you want to play games,
you want to do other things that aren't necessarily locking up a lot of money, well, then you can do that with this.
If you want to do things that are with money, you can do it with this.
In fact, gosh, I'm going to probably earn myself some haters, but Metamask.
A couple of weeks ago, Metamask updated its interface again. So if you go and try to swap,
you try to buy something like Polygon, or you try to swap for like ETH on Arbitrum, forget it.
It has become so confusing
that it is next to impossible
to figure out how you're supposed to do that.
Going to buy it on Coinbase didn't make sense.
I actually went into my unicorn account for ETH Denver,
bought some Polygon
because my MetaMask wallet had run out
and sent it over.
And it's actually so easy.
It was ridiculous.
And they did it even with like a debit card right there.
No KYC, no nothing.
So, you know, we're trying to make it
so that not only do you have this great experience
that's run by the organization
so you can trust what's going on
if you trust the organization,
not only can you integrate with the best of Web3
that's out there, the best of breed that they want you to,
but you also get all the functionality of Web3
from sending money back and forth or sending tokens
or sending funds sponsored and easier than Venmo.
This is huge.
And I see a lot of hands going up here. I'm sure people
have questions. I know we had Jimmy with the hand up. His hand might have fallen asleep. I don't
see it up anymore. And the POAP code. Then we got Kingfisher Media and Time. If you guys have
any questions or just want to jump in here. And I want to share the POAP code because now we're over the half. So the POAP code is myunicorn-account.
My-unicorn-account.
Myunicorn-myaccount?
My-unicorn-account.
What's up, guys?
Just wanted to come up and say hi.
I know there was hands before me, but I just got free for a quick second. So I just wanted to come up and say hi i know there's hands uh before me but i just got
free for a quick second so i just wanted to say hello to everybody thank you for allowing me to
be up here and and uh yeah i'm on next time to learn what's up penguin what's up rachel i see
jimmy in the building i see a lot of legends down below we appreciate you guys being here jose's in
the building what up jose uh man so many good people man uh if you guys haven't liked comment
and retweeted
this out, please do so. Tag your friends because what I want to ask and get a little bit more into
after some people is talk about how we can leverage some of our crypto.
Let's talk about it. Also, Callie, you made an incredible video for Ezo's Finance. You're
actually doing the challenge. We have an ongoing campaign to pay creators for making videos and sharing about why you're excited about EZO.
So I'll pin that stuff above just so you guys can all check it out here.
Now, we had a long, long ago, Jimmy raised a hand and I want to honor the hand raise here.
So Jimmy was first and we had Kingfisher Media, Time and then Easy Crypto.
What's up, Jimmy? What's going on?
Long, long ago. No, I appreciate you, Rachel. Thank you so much. Much love to everyone in the
spaces. Let's grow. Yo, Russell, I'm loving hearing about the unicorn wallet. And so correct
me if I'm wrong, but I think I heard you say that there's staking involved directly within for the SporkDAO token.
I think I also heard you say that the longer term goal here is to open up to the rest of Web3 or large parts of Web3, right?
So with that in mind, do you envision other projects also staking their tokens within the Unicorn account, the wallet?
So that's a great question.
Keep in mind, we're using, so there's a staking dApp that ETH Denver has, and we're leveraging
So we're not staking platform per se, right? What we are is we're allowing them to do that as part of the onboarding. So if you tried maybe like two years ago to get your ticket, one of the things was is that you wanted, we had to make sure that you were, if not a member, which meant you had stakes fork that you could have you know
that you had at least one stakes fork so you could be a provisional member and the process of
air dropping that to someone's wallet of letting them stake um was we lost maybe 70 of people that were trying to do this because it's just complicated.
So what we did in Unicorn for eThember is part of the onboarding is when you come in and choose
your subdomain name, the first thing that happens is that we transparently airdrop,
well, it actually shows on the screen, but we airdrop you one spork, and then it uses that,
you know, it stakes to that contract directly. This is something that I recommend greatly.
That approach makes a lot of sense, and it means that whether you are just trying to token gate
something or whether you're trying to do something more more like you have a co-op or you have
a DAO, this is a great method for doing that. And it also lets people understand what's happening.
Like, oh, now I see I'm staking. In some ways we make it a little too easy maybe, but that way
everybody really is a part of it and they have what they need and then they can go through and do token gating or any of the other services that they need to do um to be be a member of that community um
i think that you know and i think that like even when you think about some of the stablecoin stuff
that's going on and there's all this contention about oh you know stable coins should provide
yield i don't i'm not
one of those people who thinks that i think that it's just as easy to use defy and um if you want
to earn interest you stake your you stake your tokens while you're holding it and then as soon
as you want to spend it you unstake just as much enough for you to actually spend and you spend it
um that kind of approach sort of is the opposite of everybody thinking, oh, I have to go to
this service to do my staking, when actually you can do these things really, really easily
based on Interop that's built into Web3.
Russell, if I could answer the question the way I think Jimmy was asking it. Yes, I do think that Unicorn would be a pretty cool location for the Tree Gens community.
And there's a lot that you could do with that.
We should set it up.
Why don't we get on a call?
Because it's actually fun, right?
Walking through with Russell and Gardner.
I actually had a fun time.
And I feel like in this space, whenever we're eating
friction just to use a tool, I think it's a turnoff, personally. Like, I think when we're
creating things, it should reduce the cognitive load of the user and not have to lead to so many
decisions. And Russell's, what he's building, it actually is built around that ideology of
of making things simple and streamlined.
making things simple and streamlined. So I personally had a lot of fun getting set up.
So I personally had a lot of fun getting set up.
Let's grow.
Yeah, okay.
I appreciate there's interoperability there
and there's some really great solutions.
So the reason I was asking that as well,
I mean, yes, we'd love to integrate what we can,
but right now we're looking for a new kind of staking solution.
I'm curious to know what you guys think
would be like the best option here
because we went with team finance.
It was really easy to set up and free,
but then you can't have governance
in the DAO with TGN and staking rewards.
It's like kind of one or the other,
like in that case, just the staking rewards.
And then if we went with gardens,
like you could get the governance,
but then you can't get the staking rewards.
So that's not built into that.
So we kind of have like one or the other.
So we're going to either like build our own or just kind of integrate with the best
solution. So curious to know what you think we should, what we should implement.
Well, I think it deserves, you know, a longer conversation that we can have here, but you
definitely, you can definitely do both. I mean, at eath denver we chose to do this ourselves
um and um there was definitely some learning curve there um however i think it's really worth
it because the more that we leverage web3 the way it can be leveraged and the more we normalize that
then um we stop thinking about things in terms of the old way. It's just like when you think about everything as in the old days, don't mean paper documents with pages and things
like that. They're actually, you know, in total a digital blob or something that's there.
And in the same way, there's no reason that you shouldn't be able to do governance and yield
on a token that you've got that's a result of staking logistically. You know, it's something
that you should be able to do.
And in fact, something that we did for East Denver or at East Denver.
And of course, Joshua is one of the people who worked harder on that than anybody else.
And he also is the one who does the distributions that go through the claiming system that Penguin
built that we integrate with, too.
I just think it's so cool.
You guys, just random little thought here.
I think it's so cool that everybody here goes back so many years and like everybody has
helped everybody.
Like every single person here, someone's helped somebody on their project.
Like everyone has their footprint somewhere.
So I just think that's pretty interesting, right?
On a long enough timeline, we all really like help each other grow.
That's awesome.
By the way, we got some hands.
I'm so sorry, you guys.
I hope your hands aren't falling asleep out there.
King Fisher, our man, King Fisher Media.
Let me pull out the soundboard.
First, man.
Focused on education, uplifting others, making an impact.
What's going on, King Fisher?
Oh, you're outrageous, and I love it. Russell, shifting gears here, back to the user experience,
and you outlined the current challenges with a solution like Metamask. I mean, even I've had
problems performing transactions on certain networks, and I've had to go to an alternate wallet solution. So once you set up your user account with Unicorn, right,
can you import the private keys of other wallets onto that account?
You cannot.
Right now, that is not a feature that we're providing.
You know, I think there would be a lot of, there's a lot more
security issues associated with that. And like I said, what we're providing is an
account system and wallet for brands and businesses that want to have
communities or collectors or customers and they want to do that.
Is it in their best interest to let people put their private keys on there
and then essentially load them in and then essentially be on the hook for that?
I don't think so.
And certainly we may hear from a customer that does,
And certainly we may hear from a customer that does,
but it seems like it is, I mean, the user interface is great and everything,
but if you've already got a wallet and you really want to transfer the funds
and use this, you can.
Like you can send all those assets over.
Do you ever want to give someone else your private key? Jesus, no.
I mean, you may have great reasons to, but I certainly, you know, that's it. You know,
no keys, no coin, and it's gone. And even if like we let people do that, and then they get their
wallet strained by something else, they're always going to think, oh, was it Unicorn that did this?
You know, I don't know that it would be worth it to provide that kind of functionality.
I don't know if I could sleep at night.
No, that's a valid point.
The only reason why I was thinking about it is maybe, you know, you find that Unicorn is a better wallet solution than what you're currently using.
about it is maybe you know you find the unicorns a better wall solution than what you're currently
using and you might have some uh sbts some soul bound tokens that are tied specifically to that
wallet and you may want to get them in your unicorn account but you can not connect to that
way yeah you can connect an eoa but you still are you know you're still doing things with that wallet
you're just connecting to it you're still but you still have wallet. You're just connecting to it,
but you still have to sign with your existing wallet.
You can't sign for it with the unicorn.
All right, that makes sense.
Thanks, Lou.
Great question.
Yeah, thanks for coming up, Kingfisher.
We also have Time here.
We got Time.
We got Easy Crypto.
Why don't we pass it over to time next?
And also a quick reminder, you guys, we do have a PO app that you can claim.
Penguin, before we go to the next question, do you want to share the code one more time?
Yes, the code is myunicorn-account.
My-unicorn-account. And if you go to POAP and you go to mint and then secret word,
you type in my dash unicorn dash account.
Awesome. All right. Well, uh, time we'll, we'll pass it over you next.
Hello. Yeah. Uh, I was going, uh, yeah, my, my, my name is the timer. Yeah, I was going. Yeah, my name is the time. The name on here is building because, you know, we always build in general. But I was just saying, time is a T-Y-M-E-D. It means teaching young minds every day. It's a clothing line I have, you know that helped um bring more awareness to a lot of
things um like uh russell was talking about with the dowels in general like you know one of the
things you know i'm one of the founders of a dow that uh started in 2021 uh um uh this it's hard to gather people to get them to actually
do the things that they need to do in order for you to pass proposals or whatever to go forward
in that doubt. And the coordination is really hard. And I think I'm pretty sure i used the unicorn wallet when i was in edinburgh last year um yep uh yeah and and
i'm i'm eager to try to you know actually use it again more often this year and try to find out
more about it as um especially like because um so you were like you were saying you were explaining something but
it went in my in my thought i was just comparing it to like when i i had to use farcaster to
transfer um something in order to me to switch the uh the tokens and you know that some that like how simple it was for me to do it that that in that
and that in that way because it was it was so easy for me at the time is is something that I
appreciate it and what you're like kind of what you're saying with like unicorn is trying to do
with certain things so you know I definitely am looking forward to seeing, especially maybe like the AZUSD
and being able to use our AZOS and transfer that
with different TNG or whatever,
whatever kind of coin you're trying to, to, to, to exchange in general. But, um, definitely, uh, I'm,
I'm mainly an artist in general. So it's, it's just,
it's as good to see how you can have something like that leverage and,
and have a opportunity. Like when I was in, um,
Miami, we have, uh, and in Vegas, I was with cool cool in the game i don't know if anybody knows who that
is oh wow cool that's great but that you that so the states they have um in miami they have a a
thing called cool water and it's in a in a you know what's it called, a vending machine.
And you can go there and, you know,
I think I did like a video on it.
You can see like how you can just like, you know,
you can exchange the different cryptos for the water too,
as well as, you know, regular credit card,
whatever you wanna pay with.
But, you know, having that be so simplistically right there as well
is something that is more accessible for people to understand
and grasp and be able to participate in.
And that's kind of what I always try to bring to a lot of people
who are in different positions.
Like when you were talking a minute ago, that shit blew, you know, that stuff went all over my head because I didn't understand, you know, the different alphabet boys.
I was having a conversation about that.
I didn't understand in general, but I may have heard like maybe Penguin or something like this say something about it. I don't you know, I'm it's not really I don't I don't grasp it
It's probably as much as maybe racial or anybody else may because you hear it more often or you understand because you may look at
Or whatever anyways, you know, um
Yeah, all that said, uh, i'm looking forward to uh
friday rachel
Yeah, you're coming out
Yeah, yeah, i out tomorrow. Yeah, yeah.
I'm trying to see things.
You guys, I have some alpha about this event tomorrow.
I haven't even told you guys this.
We have people coming out to Laguna Beach tomorrow for the very first Stand With Crypto event in Laguna Beach, you guys.
Really, you know, bringing together the Orange County community.
There's a lot of people in crypto out here in LA, San Diego, Orange County. So picking a little, you know, middle ground here,
Laguna Beach. And I'm very excited. And something I haven't shared with anyone yet,
I just got a call yesterday about this. We have one of the actors from Breaking Bad who's going
to be coming and speaking tomorrow. And, you know, the event is focused on media, marketing and creators and
storytelling, right? So we're going to have someone joining who has that arc, you know,
from acting, creating, you know, film, TV, and now getting into Web3. And we have several other
people as well. We have a representative from East Denver, Katrina, Rari Foundation. Anyway,
I'm very excited. And I went to see the property yesterday and it's gorgeous Foundation. Anyway, I'm very excited.
And I went to see the property yesterday and it's gorgeous.
So anyway, I'm just, I'm very excited about that.
Sorry, guys.
There's nothing to be sorry about, Rachel.
This is gonna be absolutely amazing.
The excitement alone is just a 10th
of what we're gonna experience tomorrow.
And I'm more than excited to be there as well
and represent California and,
and in my hood.
if you guys are a man,
if you guys are anywhere around and you're saying you,
you hear there's an event going on.
I'm telling you,
it's one of the best feelings you you'll have being able to meet like
minded people and be able to become friends.
it's cool that we're friends here,
but you just get a little bit more closer.
I've already met Rachel, Rachel, like a handful of times, and I love that girl.
Who's Rachel?
And Rachel.
So, Time, I love what you were saying, bro.
Just talking about educating to people that don't know.
Because guess what?
There's all of us right here that are learning, right?
None of us know everything.
And this is why we come here to Ezo's space to learn about it.
And none of us know everything about Ezo's.
And that's okay.
And this is why I came with the question like,
I want to know more about the leveraging part.
I want my people down below and the listeners like GIST,
DRVN, Driven Labo, and Haido, and Alpha,
and our people in Nigeria that we love
and that we work with and that we see every day,
are they able to leverage on your platform
or is it just the United States?
And what are the minimum requirements?
That's what I want to know too.
What are the minimum requirements?
Thanks, Kelly.
Yeah, great questions there. And ASOS is permissionless. So anyone anywhere in the
world is able to use the platform with low minimums. The minimum amount to borrow is $20.
So some platforms like Maple think the minimum to borrow is 150 000 for sky ecosystem the minimum to borrow if you
want to open a new position is 30 000 so ours is 20 so it's very minimum fixed interest rates
and uh we're actually just raised the wet limits limits and hopefully there'll be a proposal soon.
But wait a minute, you got to talk to me like I'm an idiot.
What is the WETH limits?
Sure. We allow you to put them in our platform and borrow money in the form of AZUSD on the ASOS platform.
So if you put $23 of USDGLO or HLSP, you can borrow $20.
you can borrow $20.
If you use WEF, which is wrapped Ethereum,
so it's Ethereum that has been converted
into a different type of token called an ERC-20
or just a standard type of token.
So you can use WEF on our platform,
which is ETH, and stake that.
And the collateral ratio is about $30.
So if you put $30 in the platform, you can borrow $20.
And there's incentives on top of the actual AZUSD
that you can participate in through Hydrex,
which is a liquidity platform. And what that means
is it's a place that you can put the AZUSD in so that if someone wants to buy AZUSD,
they can buy your AZUSD and you get fees and USDC when they buy it.
get fees and USDC when they buy it.
That's great information, Penguin.
What about why would somebody use EZO's over Coinbase?
Because there's a lot of platforms out here, and I know why I would use it, but can you
tell the people down below what are some bullish reasons why you would prefer using EZO's
and being maybe not so biased because you work with the company, but tell us the benefits, please.
Do you want me to take that one?
So, yeah, so just on the previous question, I think that the, like the cookie, the fortune cookie response is that each each asset that you can deposit as a
debt limit so for TGN example there's $30,000 and as soon as that that debt
limit is reached we have to put a proposal and to increase it and Weth is
one of the assets and that one reached its limit. So we made a proposal and then we increased it.
The why use ASOS over...
Well, Coinbase is a different category of things that you're doing.
Coinbase is an off-chain bank that uses crypto.
So if you're like an institution or somebody who is using crypto for the wrong reasons,
you just leave your money in Coinbase and then it's basically like a bank account and
you're gambling with new assets rather than dollars in your bank.
Let's assume for a moment that you are deciding between different DeFi protocols and you've got your money on chain.
You would use ASOS if you are holding one of the target assets.
So I'll make the argument for the others and then I'll make the argument for why you should put your ETH into ASOS.
ASOS exists because climate finance struggles to build capital formation.
VCs will usually say, this is not extractive enough for us.
Or they'll say, oh, the carbon markets are played out.
Four years ago, there was a scam, and so we're never going to touch it again.
And so a lot of these refi or regen category projects like Jimmy and the tree gens have these great ideas, but the money is just not there from institutional investors.
And so we resort to the decentralized, getting the crowd excited and trying to build a movement from the ground up.
And so for these assets, there is no other DeFi protocol
that you can put these assets into
to borrow against.
So ASUS is essentially
helping these organizations
bank their customers,
their users, their members.
So if you're a TGN holder,
there's a few things
that you can do with it, right?
You can hold onto to it, you can
stake it using some of the projects, the protocols and things that Jimmy set up for the tree gens.
Trust is one of them, or you can put them in an LP, or you can deposit them into ASOS. You can
borrow ASUSD against your TGN. And that helps
projects like TGN to create a floor for the token.
If one of the only things you can do with a token is sell it,
every day you're asking your community to hold onto it to help support the project.
But what we've done is made it productive.
So you can borrow at a fixed 5% against those assets. We
call it a line of credit. For Weth, why would you deposit your ETH into ASOS? Oh, Rachel,
do you have a question before I move on? Oh, you know what? I saw a DM come up from Russ,
and he said he had to jump, but yeah, he already jumped, so.
Oh, bye, Russell. Thank you for coming.
Thanks, Russ.
Oh, yeah, we're at the top of the hour.
Why would you deposit your ETH into ASOS?
ASOS is a fork of Maker,
so it's got the same security as putting it into
any of the other Sky ecosystem decentralized stablecoins.
You're able to support the ecosystem, The other Sky ecosystem decentralized stablecoins,
you're able to support the ecosystem, even if you're not holding one of the climate assets.
Although obviously we'd prefer you hold one of the climate assets.
We being the group of partnerships that are helping to support ASOS.
We're pre-token.
So as Penguin has mentioned, you're earning seeds when you
do certain things in the platform. And one of the quickest ways to access a larger amount
of ASUSD is by depositing ETH because the debt ceiling for some of the other assets
is a little bit lower as we as we bootstrap those communities i really appreciate
that breakdown josh excuse me hopefully i didn't use too much jargon no that was that was really
good and i appreciate that i definitely want to look more into transferring getting some uh
assets off of the centralized exchanges into azos and i think i'll even take it a step further and
maybe do it in the telegram on-chain media so if you guys are around or not in there tap in because i am live and indirect every single
day doing something over there and i would love to maybe have penguin come by and maybe kind of
walk me through it too that would be awesome yeah you guys if you're not in the on chain media
telegram yet uh cali will screen share and show the things he's doing live. I know on one of our last spaces, he opened up a vault on Azos while we were live on a space.
So definitely if you're not in there, hop in.
And yeah, he actually is one of the contenders.
He's actually doing the things for our giveaway, which I've actually pinned above.
So if you guys want to get a free VIP ticket to East Denver and also be incentivized from us, the steps are pinned above for you guys to take.
By the way, Easy and Crypto had a hand up as well.
I'm so sorry, Easy.
I saw you drop down.
And we are past the top of the hour.
So, yeah, Easy, if you want to jump back up and say anything, feel free.
Sorry, we had a lot of great information being uh shared but i saw you guys with your hands
you with us easy yes yes sorry i keep getting rugged so i have to drop down and then come back
up really epic uh i've caught most of this it was amazing um i've been trying to get to eat denver i don't
think he's going to go in this i know oh i can hear him i can hear him uh penguin okay
okay sweet i also just want to say the azos is amazing i love what what the what the crew is
doing i just actually went and bought a little more az usD and then went over to Giveth and donated a few bucks worth to the tree gens.
Because, you know, there were some contests running out of the Impact concert we did today.
And so it's just it's a very easy way to make better impact by using AZUSD.
It's super simple to set up vaults a couple minutes is all it takes and so i just
wanted to say those few things and looking forward to hanging with y'all in necember okay thank you
so much to have a call with you one day and uh and maybe go through the steps on that as well
that's awesome and go ahead jimmy i was just saying thank you so much easy i really appreciate
you we just did an impact concert right before this easy is absolutely goaded and saying thank you so much, EZ. I really appreciate you. We just did an impact concert right before this. EZ is absolutely goaded.
And thank you so much for supporting TreeGens on Giveth.
It really means a lot.
Everyone who's supporting, including Azos,
this has been an absolute game changer for what we're doing.
We're able to launch entirely new liquidity pools
because of this partnership.
It's absolutely changing the game.
So thank you so much, Azos Finance, everyone who's involved in that and uh everyone who's using the platform you know
like agro munitry so diamond handed like we don't have to sell the tokens now like you can still
participate and uh and and and use this platform get some stable coins so much love and uh let's
grow yeah buddy absolutely well you guys i want to be respectful of everyone's time here i know And let's grow. Yeah, buddy. Absolutely.
Well, you guys, I want to be respectful of everyone's time here.
I know we're past the hour.
So I'm going to do one last thing, you guys.
And this is for the event that I'm hosting tomorrow in Laguna Beach.
If any of you are in Southern California, we'd love to have you.
Again, this is a really gorgeous property overlooking.
We're going to have panels happening.
And behind the panelists,
there's going to be a panoramic view of the ocean. Just absolutely breathtaking. I went yesterday,
and it literally is breathtaking. Gorgeous views. So I'm excited to just create a magical
experience. I haven't hosted an IRL event in a long time, you guys. So yeah, I'm just really
looking forward to it. And if you are coming, you can expect it's a very wellness-oriented event.
Everyone's going to leave with a gift bag of various different wellness products.
We're going to have, like, healthy elixirs and things.
It's going to be sunset hour in Laguna Beach.
I feel like my heart's already there, you guys. Thank you.