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@EthosWalletXYZ AMA w/ @SuiEcosystem 🟪🌴💧
Recorded: Aug. 24, 2022 Duration: 0:36:55Space Recording
Full Transcription
Thank you. Welcome, everybody.
GM, can you hear me okay?
Yeah, can you hear me?
Yeah, you're loud and clear.
Okay, thank you.
Thank you everybody for joining today.
Thank you so much.
I think we're going to give it maybe five minutes just for some more people to get in here,
and then we'll go ahead and get started, if that's okay with you.
That sounds great. Jared, I'm going to try to give you speaker powers. Let me know if it doesn't work. That's good. Can you hear me now?
Yep. Thank you. . Thank you. Okay, I think we're going to get started now.
I think some more people will start to pile in as we get going.
But, yeah, thank you everybody for joining us today,
and thank you to the Ethos team for being here.
They were very communicative and cooperative with me on setting this up.
And, yeah, I'm excited to learn more about the project
and what you guys are doing for SWE, and I'm excited to learn more about the project and what
you guys are doing for SWE and I'm sure many of us are. So can you guys give
like just a brief introduction to Ethos Wallet and the team?
Yeah absolutely. I'm Nadia, we have Jared and Neon as well from the team. To give a
little bit of background of us and Ethos Wallet,
we're all sort of seasoned Web3 builders,
mostly coming over from Ethereum's Solidity World.
Before that, in Web2, we worked on a number of different things.
I had previously worked at Lyft, but in general,
we're pretty excited about building products that kind of empower people,
create a light value connection.
And I think with Web3,
we felt like there's this tremendous potential
for apps on the blockchain to do pretty amazing things.
I think we're starting to see that already
with some of the NFT projects out there,
with things like DeFi,
with some of the games happening.
But what we felt as builders
was that this was incredibly difficult
to actually build creative apps and be able to reach those.
And for us, that really started with the wallet
and feeling like the wallet historically has been a bottleneck
and it sort of is a gatekeeper to apps
where you're leveraging it to sign transactions.
But we're now at a point where, especially with a SWE and MOVE,
and we can kind of get into all of that,
we've evolved at like the L1 level
and wallets need to evolve as well.
So what we're working on at Ethos
is really re-imagining what a wallet even means
to really be on the one hand,
vertical infrastructure for developers
to be able to onboard new users directly in their app,
whether or not
those users sort of identify as crypto wallet holders today. And on the other, for new crypto
users and folks new to the Sveco system, really creating a home-based wallet experience where
as more use cases come online, more applications that people are interacting with on a more
frequent basis, going beyond sort of today's signing transaction ability
to really have a space for your assets, your applications to live
and for you to be able to engage and discover new things.
It's really a home base.
I would love for Jared and Neon to briefly introduce yourselves
if you guys want to add in a little bit about who you are
and what you're working on at Ethos. I'm sure. So I'm Jared, CTO at Ethos. I have been building in
the internet space for a couple decades now and super excited both for the blockchain to be kind of becoming more mainstream
and for SWE and Ethos to be kind of supporting that journey.
I think there's a lot of opportunities here
to do some interesting stuff.
And we're really excited about supporting both developers
and building new things
and creating really high quality end user experiences
that I think will start to bring the blockchain more into daily life.
And I think that's just a very exciting opportunity.
Yeah, and this is Neon here.
So I met Nadia and Jared when,
after I had disgruntedly quit my Web2 job
after being bored to tears and had moved on to do some side projects in the Web3 space and made a few NFT projects in the Ethereum world.
And then once Nadia and Jared told me about the vision for what they wanted to do, it was hard to say no. So here we are in one of the most exciting areas to build in Web3, which is on SWE, the
new chain.
Thank you for that.
I'm just going to answer a little sub-question here.
I know, Nadia, you were talking about kind of how we're on this new front of Layer 1
technology and that newer apps and newer wallets need to adapt to it.
I see Ethos, you guys are kind of taking a route
where it's going to be like a Web 2 experience,
but with the Web 3 benefits.
Such things as right now you have the email login for wallets
and among other things.
So do you kind of want to speak on that?
Yeah, I can speak on that a little.
I think for us, like, really what it's about is offering flexibility
and control both for developers and new users.
So for us, what that means is if developers want the blockchain
sort of powering their app to be a little bit more transparent to new users, we want to enable that.
And that's sort of where that like Web2 like functionality of things like the login with email or social come in.
I do think on the flip side, we don't want to prevent developers from creating great crypto native experiences.
We want to support that as well. So we do want to give them that control.
But really, it's about giving more flexible options
on how new users find and sign up for their app and overcoming today's frictions in one three of,
you know, if I want to use your game on Ethereum, today, what I have to do as a new user is go
first to choose a wallet, add a Chrome extension, add tokens potentially to cover gas costs,
which means going to an exchange, and then hopefully finally coming back to that game and being able to
use it.
And we feel like that's just way too much friction.
Users should be able to play the game as efficiently as possible and sort of get to that core moment
of magic in the application itself.
And so that's really what we want to enable.
So it can look
like Web2, but it can also look pretty different. But really what it's about is offering, you know,
flexibility, control, and kind of seamlessness in terms of both the developer experience and that
end user experience, as well as discover and try a new application.
Yeah, absolutely. And one of the great things about swi as one of these next generation
blockchains is uh and i'm not sure how many people know this that are listening in um sponsored
transactions where uh like a contract or a df provider can pay for the user's gas which like
you said will eliminate a lot of the friction that is currently happening in some Web3 games and applications.
And, yeah, it's going to onboard the next billion users.
And, you know, we're all here for it.
And you guys are, like your page says, you're the home base for Web3.
So, yeah.
Next question would be, you know, since the wallet is already launched on DevNet, so anyone listening in, you can go try it right now on the developer network for SWE.
Are we going to see a launch on TestNet as soon as it's live? Is there any coordination there?
We'll be live on TestNet as soon as it goes live.
I mean, as best we can tell right now, as of right now,
the product is fully functional and live.
It's early stages, so it's kind of MVP.
But it's, yeah, I think we're looking forward to testnet.
I mean, devnet, it's fun to be seeing the cutting edge here,
but I'd love to see a stabilized testnet that we can start to build on a
little more aggressively.
Yeah, great.
So also regarding the functionality of Ethos as a wallet,
I know that you guys have a partnership with the SWE name service project
where you're going to be integrating the .SWE domains inside of Ethos.
Can you guys kind of speak a little bit more on that
and the future slate of plans for that?
Like, any milestones, I guess?
Yeah, I mean, I don't think there's milestones right now.
Everything's kind of so early and in flux.
I mean, our goal is to support the developer community as best we can.
So I think we're
really supportive of the early folks in the ecosystem and want to encourage more folks
against the ecosystem. And we'll be trying to create the best experiences both for those
developers and for end users going forward. But it's still so early days, it's a little hard to
tell how everything's going to turn out. So I think we're just going to try to continue to support the ecosystem
and keep an eye on how things go.
And as we get towards TestNet and MainNet, we'll see how it all evolves.
But I think there's a lot of great activity happening now.
So I think we're just excited to see how it evolves.
And Neon, I know you've been closest on sort of our partnership with
Three Names folks, and you've been pretty excited about that team as like a fellow early builder. Anything you want to add to what Jared just said?
to SWE. And so that is a huge part of our mission as well. So integrating with them is something
that we absolutely have on our timeline. Awesome. Yeah, thank you for that. So I want to kind of
dive a little bit deeper into community. Obviously, you know, SWE mainnet isn't even launched but we've kind of seen like
an explosive like community blow up there's a lot of activity uh on twitter regarding sui
um so how has the community been to you know like interact with uh in these early stages
yeah i mean it's it's been i think good i mean i think there's been you know it's been good.
I mean, I think there's been, you know, it's so early that the ecosystem when we first joined was worlds will be quiet.
And it's grown quite a bit since then.
And it's really great to see recently just there's a lot more people coming on board, both from the validator side of the equation,
sort of node running side of the equation and the developer side of the equation.
And it's personally, I've been learning a lot just seeing what people have been,
questions they've been asking, what they've been building.
The support from the MISTON team has been great as far as getting questions answered.
So I think overall, it's great.
I think there's room to grow.
I think the community, you know, there's a lot of activity in the blockchain ecosystem overall.
And, you know, I think we need to get the word out there to say, you know, this is a good place to build and bring more people in that can add more value to the overall community.
But it's been a lot of fun to see the early adopters coming in and interacting with them and trying to support them and getting support from them.
And a lot of kudos to the MISN team. interacting with them and transport them and both and getting support from them. And
a lot of kudos to the MISN team. I think they've been very accessible as far as answering questions and trying to get the people building and building successfully. So it's been a good
experience so far, but I do think everybody in the ecosystem should be conscious that there's
a lot of room to grow and we should be putting effort towards trying to make this ecosystem visible and accessible
and try to bring more people in.
And I would say like kudos to you as the ecosystem in that you're sort of helping document some
of that early growth.
And I think a lot of what Jared's saying, a lot of the earliest community ideas,
I think, are very much like connected and composable because it's early.
So any question, any idea, sort of any early apps, I feel like can easily sort of spark
inspiration for someone else.
And so I think that that sort of visibility and in these sort of earliest stages, that
great like signal to noise ratio, which I think can get tricky quickly as things scale in Web3, is super valuable.
And I'm just personally very excited for the creativity and to kind of track as more developers start to explore SweetMove and to see what happens.
Because I think even as we've been exploring, just the possibilities feel pretty endless, which is exciting.
Yeah, absolutely. just the possibilities feel like pretty endless which is exciting yeah absolutely you know um there's so many great pages for SWE right now you know um I'm doing this mainly as like just a side hobby uh but there's like SWE insights and you know uh a lot of other
pages uh I think like we can Swee and r slash Swee.
It's like the growth of the community has been insane.
Like when I created this page, I don't think Swee had a lot of recognition.
And that was maybe like not too long ago, maybe a month ago.
So like the community blow up to me has been insane.
And I'm glad I was able to ride the wave and you guys were able to to ride the wave and i'm just excited to see where it goes in the future we're super excited
too i know you're asking the questions here as the ecosystem but i'm curious like what sparked
your interest in sui so early because i you were very very early on instead of documenting some of
the first efforts and i'm curious what excited you about it yeah so um I know people I've been
surrounded by in real life and online some investors that are mainly into the top coins
but for me I've always I've liked the riskier side of crypto so I like to kind of document
some sides of things so I was in some other, and I don't want to name drop anything
just so that we can keep this SWE related,
but some other early stage coins
that had insane blowups
and ecosystem-like, you know, growth.
But I see the same thing in SWE now.
And yeah, I mean, I'm just here to document
because I believe this is gonna
be one of those coins that just lasts it's gonna be top 10 in the next run I
love that you're on the cutting edge and kind of pattern matching and excited
about the future here that's very cool mm-hmm yeah and obviously you guys being
so early building on SWE I mean not even testing at launch and you guys are still
here doing your thing so So, yeah, super excited
to see how it all turns out.
Yeah, I think for us
we're really excited to be, you know,
even at DevNet, it's not, as Jared pointed out,
it's not always the easiest to build on.
I think we're really excited to
be so early and to really try
to get feedback, you know,
not just from the Misten team, as we're
sort of teasing out different things on DevNet,
but actually from the developer community
and other folks who sort of are pioneering in this space,
because really our goal is to be helpful
and sort of support them through our infrastructure,
support new users coming in that want to experience different apps.
So for us, it felt like, you know,
to what Jared and Tommy and, sorry, Neon were saying earlier, it felt really important to try to get something out sooner and to just be able to get feedback on it.
Yeah, absolutely.
Cuffy, I have Ed as a speaker, so if you want to, like, chime in to anything, this is going to be more of a community AMA.
I don't like to have too much authority in these things. I want to make be more of a community AMA. I don't like to, um, have too
much authority in these things. I want to make sure the community gets their questions in. So
if you guys want to request and chime in, feel free. Awesome. Yeah. Thanks, man. Um,
I followed this page too for a little while and, um, you know, I, I too have some interest in SWE.
Um, and so I've been following a lot of the other projects that are building on SWE.
And I guess since this is an AMA for Ethos Wallet, I kind of just joined, and maybe you mentioned this,
but where are you guys at in terms of development so far?
Yeah, I mean, it's a good question.
You know, development never really ends.
So where we're at is kind of a moving bar.
But I think we're feeling pretty good.
We're working on the fundamentals right now while also trying to support the ecosystem overall
and support, like, just developer growth within the Miston community and the SWE community.
so we've been
So we've been, you know, building out our wallet infrastructure.
building out our wallet infrastructure
that's the
first primary step
in supporting developers and end users
and a great experience and so that's a
combination of
our wallet which right now is
basically kind of a custodial
hybrid custodial wallet
where you can sign with email
but we have self custodial
Chrome extension and self custodial wallet where you can sign with email, but we have self-custodial Chrome extension
and self-custodial mobile app coming. We have APIs that developers can use to integrate our
wallets and any wallet in the ecosystem into their apps, their dApps really easily, including the email login sort of hybrid custodial wallet we have.
We are building a variety of sample dApps, both to encourage developers to get involved
and create tutorials and create good end-user experiences.
And we're doing a series of blog posts just kind of about our experience building on SweetMove.
So there's a lot of stuff going on.
It is hard to juggle the priorities this early on, but it's just So there's a lot of stuff going on. It is hard to juggle the priorities this early on,
but it's just because there's a lot of room to add value
and a lot of room for growth.
And I think as we get going,
we see a lot of opportunity to have, you know,
just kind of create really high-quality experiences
for developers and end users as they build in the SWE ecosystem
and use SWE as end users.
And we want to support that as aggressively as we can.
So we're going to keep on doing kind of what we're doing,
is just keep on building out primarily around the wallet infrastructure,
but also around how to make life easier for developers
and how to create some high-quality end-user experiences.
Neon and Nadia, I'm not sure anything to add?
I would just add, if you know folks who are sort of developing on SWE that want to test out our APIs,
it's definitely early. It's still DevNet days, but we are starting to connect with partners on that
to get feedback and to get early integrations.
So that's something that we're offering now.
Although to Jared's point, the building never stops.
There's still a lot to do and a lot we want to improve as well.
I think that's super cool, actually.
I don't think I've seen that before where you're planning to offer non-custodial and like a semi-custodial.
Basically for, I mean, the average crypto user who doesn't know that you can't send SWE over the Ethereum blockchain unless it's wrapped type thing.
Or, you know, like being able to have a customer service line to call.
I think that's super cool.
Did you guys get that inspiration from another project or is that something you kind of just thought about?
Yeah, it it kind of just made sense to us. In my first few NFT projects on Ethereum, I would talk to my friends and family who were not in the Web3 ecosystem whatsoever.
And they really, really, really wanted to support my project, but they just couldn't figure it out.
I kind of sent them this multi-text long list of instructions that almost felt like a riddle or something like that,
that was saying, all right, first you need to download this thing called MetaMask.
They'll give you a 12-word phrase that you need to write down on a piece of paper.
Then you go to this other website and put in money, and then you wait seven days to pull it out.
It was just a huge mess.
And so that pain that I was feeling as kind of an individual hobbyist, so many people are feeling.
And it's not just the individuals, it's the other, the more bigger services as well. So the first user experience being super quick
is just incredibly important for wider adoption.
And so that's the biggest reason
why we wanted to add that as an option.
I totally hear that.
Yeah, that's awesome.
Yeah, I don't work. I'm not like an active developer in the SWE community, a little bit in Solana. But what I focus on with my company is cybersecurity. So oftentimes, we're, you know, always looking for new partnerships and just making sure things are secure.
for new partnerships and just making sure things are secure.
Phantom Wallet, I don't know if you've heard of it,
but it means Solana Wallet.
We've done their audits,
and we're actually partnered with them.
They have us on retainers.
So, you know, we're always looking to...
We've been learning Move since May,
since we started hearing about Aptos and SWE,
and, you know, always just looking to secure things because a lot of the people at our
company too are community members and we'll be using things like Ethos
Wallet and a lot of the marketplaces and DEXs on both Aptos and SWE.
So obviously our money will be going in and out of them.
And then, you know, we'll want to secure it for the rest of the community as
well. It's kind of our MO.
Yeah, I really appreciate you letting us know about your audit services.
Definitely something we have in mind. I mean, I do think, I mean,
to any auditor out there would really encourage like just being in the
ecosystem and, and trying to add value and be visible by, you know,
suggesting tips and tricks and just ways of making it easier for developers to
build safe stuff. I mean, it's just that it's all so new and we're all learning.
I mean, I'm definitely learning right now.
So it's the more support, the better.
And it gives you visibility and gives us sort of trust in what you can accomplish
and everything like that, too.
But really appreciate you pointing out those services.
Yeah, of course.
I'm going to throw you guys a follow and just kind of stay in touch,
especially as, you know, you start rolling out new updates and whatnot.
Yeah.
Cool.
Awesome.
Awesome stuff, yeah.
Good to know that you guys are now learning Move.
Hopefully, like you said, you're going to branch your audit services to SWE.
That's going to attract a lot of developers, I think.
But, yeah, thank you for chiming in.
Thanks, guys.
So next question for the Ethos team, I guess, would have to be like,
and this is kind of a wrapping up question.
What are the future plans for Ethos as like the sweet ecosystem continues to grow and the community continues to grow?
Yeah, it's really to just support the growth of the ecosystem for us. You know, if, um, if we can help be that rising tide that floats all the boats, then
that would be considered a success for us. You know, like I mentioned, um, having felt the pain
of, uh, you know, trying to sell, uh, some artwork as digital assets and people wanted to buy it,
but just could not figure it out. I think that there
will be a handful of people, more than a handful, but a lot of people coming to SWE to try out the
chain and to create NFTs, to create games. If we can just make those apps as accessible as possible
for people new to SWE and new to crypto in general, then I would consider that a win.
I totally agree, Neon. And I think just to add to that, I think in terms of what does that
sort of vision look like, we hope that the SWE ecosystem, as it grows, it means that it's more
users, both developers, building applications across more use cases.
So getting really creative, going beyond, although also doing a lot with things like
DeFi and NFTs, but getting really innovative and hopefully bringing to life applications
that are delightful and valuable and beyond anything that I can even imagine today.
I think it's really supporting them and being able to reach many more users and at greater frequency. I think, you know, Sui ecosystem, you brought up something earlier that
I thought was an important point that I just want to call out of, Sui, you now have the potential
for people's first interaction with a blockchain application to not just be buying an asset,
but to have developers potentially be able to reach folks with things like incentives,
like trophies,
you know, potentially covering some of those costs. So there are many different ways to sort
of onboard to Web3.3.3. And I think that's something that we're really excited about
and want to facilitate as much as possible with sort of the ethos while at Infra.
And then on the other hand, we want to just connect new users to as many delightful and
meaningful experiences as possible
helping them find those great applications and really connect and to really create that sort
of home-based space for discovery and engagement and exploration so we're really excited you know
we're pushing on all cylinders it is early days but I think we're very excited to sort of what
Neon and Jared were saying to really do everything we can to help grow from the very beginning.
Yeah, for sure.
You know, it's a great point you bring up.
Like, I've tried to get my dad into crypto multiple times,
but he says he's too old for it.
So I think, like, the Web3 experience as of right now is just it's very much oriented for
like um more tech savvy people uh but what you guys are doing with like email logins and other
things if i get my dad the website i bet he could set it up in like two minutes and he'll know what
to do so i think that's really cool what you guys are doing there
and uh I think it's important to an early blockchain like sweet
so um I guess my final question for me and then I'll open it up to the community would be do you
guys have any like insights to the future of the SWE ecosystem? I know you kind of partially answered this in the previous question,
but any just excitements that you guys have as individuals,
like anything you're excited for?
So many things.
I mean, no special insights,
but I would say for anyone sort of following early in the Discord
of the MistsEN Labs suite team,
like there's just so many new voices and ideas and projects and developers coming online.
There's also just a lot of progress happening as MISTEN pushes suite towards the testnet stage.
So I think we're immensely excited for all of that to happen and for that sort of, you know,
early fledgling ecosystem and the pioneers in it to get a little bit more going.
So I think for us, like really, it's just focusing on being active, adding value, you know, to Jared's point, we've been working on some blog posts to try to add content.
If folks have ideas there, let us know.
But I think we're pretty excited to just help hopefully, you know, bridge from where we are today with, you know, very beginning of suite, very early days, I would say, even for Web3 overall, although, you know, it's existed for years and transaction volume is high.
The number of users is really small relative to more mainstream Web2 applications.
You think about, like, how many people use email or social media relative to all of Web3. It's tiny.
So I think we're really, really excited to just try to help really bridge that growth and be a part of it.
And I think the ecosystem and SWE is sort of an L1 itself and SWE Move is a language. that growth, both by helping developers be able to actually reach more users, solving
for things like, you know, transaction volume costs, offering some really interesting capabilities
that are, you know, we've dug into a little bit on the blog.
But I think also from an end user experience standpoint, like, we're just excited to bring
more folks to us through and to start to sort of get towards a billion users because we
have a long way to go.
And I think anything the speed up velocity
in this ecosystem there is pretty important right now.
Oh, yeah, for sure.
Jared and Neon, anything to add?
Or did Nadia pretty much cover all points for you guys?
No, I think that was a pretty good overview
of our observation perspective. I mean, I think there's a pretty good overview of our observation perspective.
I think there's a lot coming.
I think there's a tsunami coming.
I don't want to say that lightly.
I feel like there's a lot of high-quality technology going on here.
The Mistin team is a great team.
I think there's a lot coming down the pipe,
and I think it's just getting started.
I would guess over the next sort of three to six months, this,
the equation will be changing somewhat dramatically and it's worth keeping an
eye on. So if you're not involved in, you know,
the movie ecosystem and the suite ecosystem specifically,
then I definitely suggest keeping on it as over the next few months.
Definitely.
I think there's like a pretty big market share
that SWE and other move-based blockchains
are just ready to grab at.
And it's going to be really interesting
to see how it all plays out.
And I think SWE is going to come out on top.
I saw some tweets about like how SWE is basically like,
you know, it attracts a lot of high-quality developers and a lot of high-quality projects.
And I think that's one of the reasons that there's more hype on other chains, right, that are coming to fruition now.
But I think SWE is going to be one of those long-term ones that's going to be here in five years, six years, that's going to take that top ten place.
At least that's my opinion, and that's why I'm here documenting so early, that's why going to take that top 10 place. At least that's my opinion. And
that's why I'm here documenting so early. That's why you guys are here building so early. So yeah,
thank you guys for answering my questions. I'm going to open it up to the community now.
So if you guys want to ask questions, just do note that you have to be on a phone.
Twitter spaces doesn't let you talk on desktop or laptop yet for some reason.
But yeah, after that, you can just request to come up and I'll add you. . If nobody has any questions, then maybe we'll wrap this up.
I'll give it another minute.
If not, yeah, thank you all for coming on.
This was the first space that we've had.
And thank you to the ethos team for coming on
and being so supportive um yeah that's thank you for having us and for doing what you do i know
you mentioned this is like a bit of a project for you but it's awesome that you're sort of
supporting your league system builders and helping share what's going on we really appreciate it
for what's going on.
We really appreciate it.
Yeah.
And I want to keep doing these spaces
and tweets and other stuff like that
and, you know, hopefully continue to grow.
So, yeah, if you guys could,
anybody who's listening in,
you know, if you have anybody else
who's in SWE that didn't chime in today,
this is all recorded.
If you want to share it with them,
that'd be chime in today. This is all recorded if you want to share it with them.
That'd be very much appreciated.
Also, drop us
an ethos to follow if you haven't already.
Thank you guys for being so supportive and showing up.
Thank you so much.
Yeah, thanks, Trevor.
Okay, take care, everybody.
