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FLOW - ECOSYSTEM DEEP DIVE
Recorded: Aug. 4, 2025 Duration: 0:50:57Space Recording
Short Summary
The Flow ecosystem is witnessing remarkable growth, driven by successful projects like NBA Top Shot, which has outperformed Ethereum in transaction volume. With a rising Total Value Locked in DeFi and strategic partnerships, Flow is positioning itself as a leading platform for developers and users alike.
Full Transcription
Thank you. All right, ladies and gentlemen.
Yeah, I'm super sorry about those issues.
Once more, welcome to the stage, everybody.
It seems like Elon doesn't like us very much today.
So yeah, I'm just going to roll out just like a one minute, you know, quick musical thingy
until we kind of like gather two or three people around here once more
and all the legends from before up here on the stage panel.
And then, yeah, we get this started.
As I already said, just like a quick minute, right?
So that people have some time to come into here.
In the meantime, you see that little people have some time to come into here.
In the meantime, you see that little bubble at the bottom right of your screen.
Would be a pleasure if you could, yeah, share some love to it, right?
Maybe some love to the like button.
Leave a comment.
If you could retweet it as well, that would be fire.
And here's a pro tip from my end.
You can't even undo it after the space has ended. But for now, it would be fire if you could show some support.
Now, quick musical intro for you legends.
And then, yeah, get this going, right? Thank you. Oh yeah, breakfast! Surprise! All right, ladies and gentlemen.
Yeah, we are back slowly but steadily, right, with a couple of legends around here.
We are still gathering.
But in the meantime, I know we are still gathering um but in the meantime i know
we are already 20 minutes actually in past the schedule yeah story time if you could say it like
that now with part two of this legendary space um so yeah let us get back into the topic straight
away because we basically just started so if you missed out on the previous one don't you worry too
much of course you can listen back to the recording.
But we basically just got started with a little bit of an overview of the Flow ecosystem,
what Flow actually is, and their origins.
DudeLift already told us a little bit about the primary idea behind Flow, Dapper Labs,
and everything that happened over there.
So DudeLift, I would love to pass the mic back over to you, if you don't mind.
And yeah, we just go from there, basically.
We were talking about transactions, basically, in terms of breeding your cats on chain.
And how this then migrated into something bigger.
Yeah, no worries. Thank you uh getting the space fired back up
so quickly i couldn't help but laugh to myself that i was just about to talk about the part where
the crypto kitties brought down the ethereum network and as i was telling that part of the
story so uh clearly there's something about crypto kitties they just love to bring networks to their
knees you know um but so and I'll keep it brief,
so we can get on time here, but it's like,
yeah, that team at Japper Labs,
they went back to the lab, no pun intended,
and they were like, you know,
if we're going to really build consumer apps
that scan to, you know, scale to a billion users,
like, we have to have a network
that's gonna be able to keep up.
And so, there was some research that came out
of Carnegie Mellon about this new type of smart contract programming language and different
kinds of node architecture. And so they ultimately decided to build a new blockchain. And that's where
Flow came from. And then NBA Top Shot was one of the first apps that was built on top of Flow.
And pretty immediately, NBA Top Shot, just as a singular app, was doing more transactions per day
than the entire Ethereum network combined. And so pretty immediately it was like wow okay they're onto something here um and you know there's been
multiple apps since that time you know nba top shot nfo all day ticket master has minted almost
100 million nfts on flow um in in many other apps since oh go ahead go ahead don't let me stop you no crazy yeah i just oh yeah it is no it is crazy
it's like i say these things and i say them all the time and so it's it's there's there's actually
a great quote from uh nader david from eigenlayer that says like don't let the magic of this get
lost on you and i think that's important to remind ourselves of because like yeah ticket master
literally has the biggest nft collection in the world bar none and it's built on flow which is
crazy um and it's it's built on Flow, which is crazy.
And it's so funny because they get a little worried.
They're like, hey, guys, we're going to mint some NFTs.
And they're like, OK, let them rip.
And they just mint 10 million NFTs.
But so, you know, fast forward a few years and Flow has continued to build the protocol layer and continue to scale, continue to get better.
But one of the things that we encountered was, you know, the existing EVM developers, when they wanted to build apps on
Flow, they're like, oh my gosh, these amazing apps. I want to build on Flow too. I want to be,
you know, on the same chain. These are the world's biggest brands. How do I get started?
And then, you know, we would respond, well, okay, you're going to learn this new smart contract
programming language called Cadence. And they were like, whoa, whoa, whoa. You know, I already spent
10 years learning Solidity. I don't know about all that, you know, and so I think at some point, Flow had to make a just let it run on our network as is. And so since we've done that,
it's been amazing. So since September, apps have grown. Our TVL and DeFi ecosystem went from
very little, like I wouldn't say zero, very little, but now to 90 million, you know, 90 million in TVL with 50 million being in stable coins.
I mean, smart contract deployment is up, you know, almost a thousand percent.
And so we just couldn't be happier with the move to implement EVM equivalents on flow.
And so, yeah, it's just it's just been incredible.
And I'll stop talking because I know we're way over time and I'm sure we're going to get into more later.
But it's just been a great time to build on flow.
And it's only getting better
as we roll into the latter half of this year.
Man, this sounds already really amazing.
So first of all, I think what really stands out is that some people might not have even been aware
in the very first place, like for how long flow is already out there, right?
Especially when we're speaking of like NBA top shots that onboarded a lot of people back in the days. I think even
most likely even some people down there in the audience and even, you know, Chin Sanity up here
on the stage as well, that got kind of in touch with NFTs and Web3 because of that stuff, which
of course means that it's already around for quite some while. I think the traction though, and very much
agreed, came across and also for me, like I'm not quite sure, like my attention came through BZ.
I'm not quite sure for how long I'm now part of that, but definitely for like half a year if
around that, I assume, I'm not 100% sure, which also sparked the interest on my side, right, for Flow in general.
But before that, that was not really on my radar.
And I guess, you know, this integration through like, yeah, Solidity compatibility.
Sorry, guys, English is not my native language.
Sorry, guys, English is not my native language.
It's also driving the interest for a lot of ETH native users, I guess,
just because they might be used to the apps already
or to the builders maybe as well
that are basically working in the background.
So before I pass it over to the next one,
just a quick follow-up.
DudeLifts, is that something that you guys realized as well?
Because I assume if you implement something like this,
the first wave that is going to come is most likely, yeah,
ETH native devs that are already waiting for that kind of like to open up
and to implement something over there.
But did you also see something like in terms of inflow of the community side
and user aspect side?
Yeah, yeah, absolutely.
And that was the kind of, that was the theory, right?
Like, okay, you know, if Flow debuts EVM equivalents,
which runs the entire EVM as a single smart contract
inside of the Flow network as is,
which is like a crazy implementation.
So if any of you are very nerdy, please look into that.
But yeah, there's a couple pieces
that we were hoping would happen.
We were hoping that apps would want to launch on Flow.
We were hoping that users would be able to come over because it essentially unlocked all the infra that had been previously not available to Flow in the way that you'd go to an infra provider, like a bridge, something as simple as a bridge.
You'd say, hey, we'd love to have a bridge from this to that chain.
And in the previous instance, it would be a really big lift.
They'd have to bring on additional engineering and things like that to get that built.
It would take a long time, be very expensive.
And now we could just say, oh, okay, you work on base or you work on this or you work on that.
Okay, you work on flow.
Great.
Awesome.
Flip the switch.
Good to go.
Let's let it rip.
And so that enabled in front apps to come onto Flow
and users as well, because all the consumer facing
infrastructure like bridging like this all came over.
But I would say one of the most exciting things
that we've seen is the developer adoption, right?
Is now we can go, we've been going to hackathons
all over the globe for the past year,
specifically with ETH Global primarily,
and Flow has been the number one built on, you know, L1,
sometimes the number one built on chain overall
at almost every ETH hackathon for ETH Global hackathon
for the past six, 12 months.
And developers just love building
on our EVM equivalent environment.
And funny enough, a lot of developers,
especially the ones who win the actual hackathons,
end up building on cadence because they say,
oh, wow, this EVM environment is pretty cool.
Maybe I'll check out the native environment,
and they're always super impressed.
So yeah, users, builders, infra, developers,
we've seen all, and we've just loved every minute of it.
I love to hear it.
I love to hear it when we have interviews,
especially with people behind the ecosystems, of course, or behind the blockchains, right?
And you already hear some kind of passion that comes along with that as well.
You already hear, okay, yeah, this was a good decision.
And I think this is something that we see, I don't want to say quite often, right?
But that EVM adoption or at least like solidity adoption happens quite,
I don't want to say frequently. But yeah, it brings a lot of attention. And I love to see it.
I love to see it, especially since it seems like you guys are performing really well,
especially throughout this last year since it dropped. And facing like all those integration
opportunities and options, basically, would love to yeah pass it over
to you Pratik if you don't mind in terms of BZ because I know that you legends also rebranded
basically from the colony before uh to yeah BZ as it is right now and then redropped on flow if I'm
not mistaken um but yeah could you give us a little bit of an insight there as well?
Like, first of all, how that process worked and what the reasons are to go with Flow?
Yeah, I mean, when we were moving from Blasted, we talked with probably like every chain out there.
But the reason that you know things just well
went well with flow because it's firstly it's a team that gets it they've been around
uh there were no token unlocks farming etc that was gonna happen right uh the flow token has been
here for ages it's a well-established uh team that has been here for years, right? And we wanted that stability.
And I think like flow is just like right on top there.
And also it's just also a good team.
Like I've been, I've known Doodlifts for a while now, since I came into Web3, I was
in Doodl's as a holder before.
So like, that's how I met him.
And then that's how gradually me and Andre spoke with the rest of the team and you know,
like things just clicked.
And I mean, fast forward almost like more than half a year, here we are.
And here we are. And I love to see it.
What I would be interested as well, you know, when it comes down to building on an ecosystem,
of course, it is always important to important to you know have the support from the
team and kind of have like this this infrastructure of course that is out there as well um is there
but besides that is there anything else that makes it like very attractive i would say like for
somebody that is part of your community to get in touch with like bz in terms of the flow ecosystem or is that something that rather comes
on the sideline so that is just like built on top because you are let's say the app that is just like
designed to promote your cards or your collectibles on your platform i mean the one of the most
important things building on chain is uh comms and I mean, we are tight in terms of comms with the flow team.
I know probably half of the dev and the protocol team there.
And I'm just a message away in case anything happens.
So that's very important when you're trying to build something.
Because tech issues will happen and then that's when you have people very close and like easy to reach.
That makes life easier.
And I mean, like those are just like one of the many things that made us build on Flow.
Got you, got you.
Yo, this is very interesting because it sounds like it is also very tempting,
especially for builders to most likely check it out.
I mean, of course, the blockchain environment out there is pretty vast.
No question, right?
I don't even know how many thousands of blockchains we have already existing out there.
And everybody has to kind of find their own fit.
No doubt in terms of this, right?
in terms of this right what i realized though is especially when i was like checking out flow
ecosystem a little bit like x account as well as like discord right was that it is definitely the
home for like developers i see a lot of devs basically in there trying to yeah you know work
around different solutions chats and they're pretty active throughout the whole time or most of the time basically and yeah this is
something that i spotted straight away and it's very interesting for me because this kind of taps
into what you just mentioned as well pratik right that yeah the interaction and everything over
there in terms of support from the blockchain itself seems to be pretty solid but hero you got
your hand up so please please, Mike is yours.
Yeah, I just wanted to have a little bit of insight because I got on board in crypto with CryptoKitties, actually.
Not directly, but it's the first thing I knew.
It was like, damn, Pokemon and NFTs and crypto.
Yeah, I'm getting in this.
I was in crypto before, but I was not in crypto.
You know, like the difference between trading, being outside,
making some money and investing, and actually coming to Web3 and being a DJ and trade and getting this code.
That was CryptoKitty.
And what something slower like that, Belabs did very well, is built for the infrastructure of actually bringing the world on chain.
Actually bringing the rails to people to build, to build for real.
Well, when you choose another chain, it's maybe because of hype, maybe because they're
going to drop a coin, maybe because there's XP, or you have a grant.
And I've seen this storyline of builders, very serious builders, building in flow.
So I'm super stoked of seeing what the future comes with even compatibility because it makes
it much easier to access.
I agree.
Yo, Greenity, my man.
I cannot hear you.
My dude.
Hello?
Test?
Yes.
There we go.
You're good.
You're good.
That was my roadcaster messing up.
You know, we get ourselves like a big setup around here in terms of hosting spaces and so on.
And then it's like acting up.
Besides those spaces as well.
We have many co-hosts in this panel.
It's Insanity.
You can take over.
I can take over.
It's all good.
Beautiful.
Love to hear it.
Love to hear it.
Yeah.
When the tech is acting up, right?
Something that most likely doesn't happen over at Flow.
What a transition.
Ba-boom.
But yeah, definitely to tap into the consumer aspect here as well that you already mentioned,
right?
I think it definitely kicked off a lot.
First of all, you know, NBA Top Shots, something that is, yeah, that definitely brought in a
lot of people already
back in the days now that we also heard like with uh ticketmaster in a hundred how many hundred
million nfts if i got that right which is most likely or more yeah i think it's like 85 maybe 90
million so almost almost 100. yeah that is crazy right like If you consider this, this is already a big consumer aspect and also onboarding aspect
here as well.
Chin, I know that you especially got onboarded through NBA Top Shots, right?
How was that experience for you?
And what I'm kind of interested in as well is because I know most likely at the very
first beginning, you were not really aware that it was like Flow blockchain or that it
was crypto at all.
But was that something that was
on your screen then at a certain point?
You know, Mr. Greeny,
it's funny when you just called my name.
I'm literally looking at a post by
Steve Bark from Coffee
Meets Captain talking about
Flow and stuff like that.
So it's really funny.
For me, we think about consumer crypto.
That meta has actually been around for a while, right?
Obviously, with Abstract, we've been hearing more about it. But NBA Top Shot, I felt like was a really, at least for me,
a really big mainstream consumer crypto product back in the day,
especially in the last cycle, right?
Not just me, but I met a lot of builders in Web3 that got onboarded to crypto in Web3 because of TopShot.
And one thing I really enjoyed about TopShot, and I don't know if it was like this for CryptoKitties,
was that it was so easy to sign up just with was just with your email and also like even adding like stuff to your wallet, like
money to your wallet.
Like you can use fiat.
You can use a credit card.
It was just really simple, right?
Like I actually, I believe the first iteration of NBA Top Shot, it wasn't, it was only fiat
at that point.
It wasn't crypto.
I know they added crypto and stuff like that.
Again, this is like the last cycle, right?
So a lot of people are still new to crypto and all that.
But yeah, I really felt like it was really seamless.
And honestly, for me,
and again, I feel like I've said this
on an on-chain foundation space before,
but I hated crypto before joining,
being part of
top shot and all that because i thought it was a scam blah blah but then this top shot thing
happened and then it was something that i enjoyed right it was it gave me an experience
and yeah and then i you know long story short i got i got to now working full-time in crypto so
uh i feel like nba top shot always has like a like something special
in me even though i don't use it as much as often anymore but like dude i used to be hardcore nba
top shot man i used to listen to podcasts i was the youtube videos dude it was crazy man i was
like trying to find the best strategies it's all like that because i loved nba i love the nba and
then when they had nfl all day uh u, UFC strike and stuff on the other sports,
NFTs do it.
I was like, I was on it.
I was on it.
And so, yeah.
I love it.
I love it.
A hook through.
Yeah.
And, you know, basically something that you already love in the very first place
that then is being brought on chain and that also in such a big manner basically right because it was
that then is being brought on chain and that also in such a big manner,
basically, right?
yeah the the i can curse around here basically right the back in the days and i know that there
are so many people um i have a lot of friends as well that i'm basically in touch with every day
that might not be that super active around here anymore right but also got in touch with like
yeah web3 through
mba top shop basically still invested in crypto of course but not in terms of like content creation
on the timeline but that just as a little side story for your legends around here next on i would
also love to welcome this legend that joined us recently up here on the stage as well, Rick Starr, my man. Recently, I just became aware that you are, yeah, a big user, I would say,
of Flow in general, mostly through BC, if I'm not mistaken,
but maybe also through some other things.
So I wanted to have you up here kind of like from the user perspective as well,
as, yeah, the current situation is.
Rick, GMGM first first how is it going and yeah what
what is like your feedback when it comes down like to an actual user experience of the flow blockchain
bro it's been amazing uh there's been no problems with it whatsoever um actually i i feel like this is this said is this a setup i think it might be a
setup i don't know if you guys have set me up here or what but uh i just logged into to flow
at the moment just to see what was happening uh and there were sweepstakes on the weekend
uh and i entered the sweepstakes for switch two uh and looks like i've won looks looks
wait you want to do that's crazy yo i'm bro like what so i've yeah i mean i won't lie i've also i
mean i've been using pz for a while i did claim a macbook a little while back received well and everything
so the rewards for you bro the rewards for using pz that's what i'm asking is this a setup
like you guys gave me all this and then invited me up invited me up so i could chill
i promise i'm not being i'm not i'm not being paid at all. I get it. How many points did you put into the sweepstakes?
Quite a bit.
He was hedging his bets.
He was hedging his bets.
I did.
Look, I basically, I spoke to AI and we worked out like what would be the best EV in terms of like entering.
And we went, I mean, I used up a lot of my points that i had
available uh i left 20k in the bank uh but the rest of them i must have entered probably around
uh 200 uh maybe 200k so actually not even that bad that's yeah that's really not that bad i mean
you could because i think the the final was a million right so that's like a one in five one in five shots and to hit a one in five i guess is still
it's not like i not like i i had 50 you know the only thing is that the only thing i will say is
i went to go claim it i'm not sure. And it just ended up in my wallet.
I don't know.
I thought I was meant to burn it.
But I've ended up receiving it in my wallet.
Yeah, I think we'll get you connected with the rewards team.
But you should go back and then burn it.
And that'll enable the claim.
But for now, the NFT sit in your wallet.
That's how it's supposed to be.
Okay.
All right.
Fine.
Yeah, man. I can't believe I've got a switch two in my wallet this is insane by the way i've got a little sister
who's 10 years old and she's like minecraft crazy so i'm not even going to tell her about this thing
arriving uh because i definitely want to have a little bit of playtime myself before she catches
wind of it uh because it'll
be gone in two seconds but man i really appreciate it flow all you know the rewards that you guys give
are absolutely insane uh bz itself is is a great platform and you know so you know you couple those
two things together and it's not you know there's a lot of other apps that i've been going through on there and i've learned a lot about different products on your ecosystem that are just
great products just great great great teams great products and uh great staking opportunities as
well i don't think that's been spoken about too much I've seen some really good staking opportunities. So all of that earning rewards, you know,
so like just staking a bit of your cash can earn you some rewards
and those rewards then translate into IRL stuff, you know.
MetaQuest, Switch, PS5.
They even put Raspberry Pi's on there, which which i love if you guys don't know what
a raspberry pi is uh look into it if you love retro gaming it's perfect for that uh and so
i i just applaud you guys on on what you've built and i'm not just saying that because i've won the
sweepstakes i promise uh i i thought that before uh and i'll be a continued user for many years on Flow
and reap the rewards.
So just, yeah, I just wanted to give some love,
some appreciation to you guys.
I swear we're not paying Rick.
I swear to God.
Hey, bro, I was wondering, bro.
I was like, have I just been farmed here?
Because there's no way I've just won this switch.
Yo, I have to, yo, here, quick story, right?
Because I've been following, like, your win streak for quite some while now, Rick, right?
Quick side story also in terms of BZ because, yeah, we know you're into Pokemon as well.
We had some conversation on the space before about this, right?
And, yeah, not just that.
He's, like, always winning around here.
He's also winning IRL in terms of, like like ripping the most valuable cards out of his packs. I mean, yo, come on,
how lucky can someone be? But shout out to you, my man. I really love, you know, that passion that
you bring here to the table as well. And of course, this is not going to be a promo space or anything
like that for Flow, right? But we also want to have a little bit of user experience, of course,
as some feedback up here on the stage today.
And yeah, I think this shows that it seems like that, you know,
Flow is really looking after their people as well,
especially in those early processes in terms of growing the ecosystem, of course, which is very, yeah, I don't even want to say mandatory,
but definitely something that hooks a lot of
people as well and makes it a little bit more interesting to use the ecosystem. Also something
that is kind of a little bit new, I would say, in terms of the structure, as I have seen, right,
in comparison to other chains, because the reward structures are very much tied to a lot of ecosystem
dApps, right? A lot of things that are basically happening over there that rewards you for certain things where you could claim those
IRL items as Rick just mentioned. But yeah, Rick, please, Mike goes back to you and then we pass it
over to Hero. Yeah, I just wanted a quick one. The thing I do like is that, you know, you could,
Flo could do like an airdrop or something like that in in place of these rewards but i've been
in these ecosystems i've you know i i did uh blur farming i i was like one of the the not the top
but i was i did a lot of blur farming disappointing i did block farming disappointing like all of
these things that i've done have been slightly like disappointing to me in comparison to the flow
ecosystem and and again guys and this is not a paid chill and i'm not saying this just because
i've won this you can go check the bz discord i've said a while ago i flow flow rewards are so good
that i almost don't want people to talk about it because I don't want all the good things to get snapped.
But for real, though, guys, go and check it out
because we should all be winning,
and this is definitely an ecosystem where you can win.
The colors are set to green, right?
It almost looks like Chinsanity has this background color now,
which is a little bit referenceable for abstract as of right now.
But I really love this feedback as well, right?
Because this, I think, means a lot, not just for the people that are listening in here, in terms of user feedback.
And I can guarantee you guys, Rick was actually lined up for the Space Before Flow, was actually aware that this is happening.
There is nothing happening over
there.
He's just a lucky guy out there.
Rick,
appreciate you a lot. Appreciate you.
Hero, you got your hand
up. Please, Mike is yours.
I just got
Flow baptized by Rick,
the unofficial ambassador of Flo,
and I'm going to be ripping some packs and getting some stuff in.
Like, what is this?
What is this promotion?
Did you get, like, 1,000 non-disclosed promotion here?
What is going on?
What is going on?
I'm sold.
Whatever.
Done.
All right. Whatever. Done. I do feel like
I need to give the quick
Flow reward shill for everybody who in the crowd
is like, what are they even talking about?
I'll give the 30 second pitch
so you can understand it.
I think his BZ is such a great example
as well.
Flow does have
what's called Flow Community Rewards.
If you go to rewards.flow.com, you can see all the stuff that we have in the store available.
You can connect your wallet.
Look at all this stuff.
Oh, it looks like Chinsanity has given some crying hearts.
And I saw that the host was having connection issues.
So can I get a thumbs up if you can hear me?
Oh, no, not again.
But yeah, we can hear you.
Okay, okay, okay.
I'm going to be praying to Elon in the background. Okay, as long as you can hear me. Oh, no, not again. But yeah, we can hear you. Okay, okay, okay. I'm going to be praying to Elon in the background.
Oh, okay.
As long as you can hear me.
Oh, no, this is going down.
Maybe I need to stop talking, right?
Maybe it's clearly the X variable.
I got this.
The X variable here.
But yeah, what Flow Rewards is,
we actually have, it's kind of like called a two-point system
where there's two halves to it.
You have what's called boxes and you have what's called keys.
So you can earn keys through apps like BZ, like Play and Collect experiences, and you can earn boxes through like DeFi or Earn experiences.
Now, BZ is an interesting example because they have Relay, which is a really fast bridge, built in to their app.
So if you're bridging in ETH or Base ETH or whatever, Pengu, whatever you want, through the BZ app, you earn boxes on the if you're bridging in eath or base eath or whatever pengu whatever you want um through the bz app you earn boxes on the way in bridging in and then you earn keys from
pulling the claw so that actually gives you a complete points journey and so you can take those
points to the reward store buy something from the store or enter into a sweepstakes if you have you
know like as little as one point so it's a really innovative, interesting point system that people like Rick and others are enjoying.
And so, yeah, if you have any questions,
hit me up in the DMs, I'd love to answer.
Or hop in the Discord, hop in our Telegram.
We'd love to chat more.
Man, I love this overview.
So for anybody that is interested, right,
in terms of this, now you realize
that this was not just like a promo show whatsoever.
So there is a little bit more behind
that in terms of the reward structure, because I think it is a very interesting system that rewards
people for exploring the whole ecosystem, right? Because many times when you launch a blockchain,
you have then this comportment in terms of meme coin traders, then you have the first NFT
projects that are being launched right
then you have like a couple of basically defy dApps that are being out there on those chains
and which separates the community a little bit and i have the feeling with this kind of style or with
this kind of yeah reward structure that you present here where you have like yeah of apps in there, or you have certain apps in there, basically,
as well as DeFi opportunities and staking
or whatever basically attracts you in terms of trading,
whatever we could think of,
so that you have to kind of explore the whole ecosystem
and what it offers to you.
Of course, you don't have to, no doubt in terms of that.
But I think you serve a very good purpose here in terms
of i i don't want to say must mass consumer ship but you maybe you know what i'm talking about
right that you just have people to explore kind of everything as soon as they get into the blockchain
which most likely makes some people stay in there as well.
Because we all know a big onboarding issue is when people explore a certain sector, then they kind of get wrecked on there, right?
And then they leave the space again just because they didn't find the fitting thing for them.
In those cases, maybe, you know, if you are not that much into meme coins and you check
out the website and you say, okay, I get rewarded if I do this or that.
Maybe you check it out.
Might be the case here.
Who knows?
But yeah, it seems like we're still around, right?
It seems like we didn't really get rugged here.
I hope so.
It sounds like that.
I would like to, yeah, slowly but steadily, right? We're also scratching at the owl morgue,
even though we got rocked beforehand and so on.
But I would like to throw it back to you once more,
DudeLifts, if you don't mind,
and take the opportunity since we have you around here.
Because we were speaking in the very first beginning
also about this EBM compatibility.
Now I got it.
That is, of course, or that makes like Flow also a little bit different
in terms of other, yeah, other chains out there that have their own coding language.
I'm kind of interested when we hear about this, like, should this, like, do you expect that we
see a couple of like, ETH native projects migrate over to Flow?
Or is this rather designed for like new projects or new dApps that can be launched on there
from people that already wanted to build something but are looking for like a better infrastructure?
No, it's a really good question.
I mean, it might be a terrible answer, but I would say both.
I see, you know, projects like BZ were able to find a new home on Flow,
and they were able to take their Zixing stuff and move it over to Flow.
But like I said, you know, going around to the hackathons and meeting young new builders,
they're eager to build on Flow and have demonstrated that by being the most built-on chain there.
So I would say that it's both.
And one of the really cool things is they can tap into some features that they can't use anywhere else.
And this may seem like a small thing, but we have something on Flow called on-chain randomness,
or like it's called VRF, verifiable random function, which basically means you can get a random number,
which in computer science is a big deal.
And you can get that for free on Flow because it actually occurs on our native virtual machine on our cadence side.
But our EVM developers can call it over with a single line of code.
And if anybody's familiar with development, you've got to pay a lot of money,
especially at scale for a random number, for gaming, for other applications.
And so that's something that builders can get on Flow.
It seems nominal, but it's a huge quality of life improvement for developers.
And so we're excited to be able to provide that.
Ah, I love to hear it.
I mean, I'm not a deaf at all, right?
That's what I definitely have to publicly admit around here on this panel.
But yeah, it definitely seems like a big deal.
I mean, I know a little bit like in theory, let's just say it like that, right?
Definitely sounds like a big deal.
And it seems like just as a quick follow-up this taps
a lot into i would say also consumer wave maybe because you also mentioned like somehow like
randomizers games whatever we could think of gambling maybe as well right or things like the
the bz claw that we see here um is this something where this is kind of like designed for? Could this be like the, I don't want to say consumer layer for Ethereum
because it's not an Ethereum layer, right?
But maybe you know what I'm talking about just in terms of like the EVM integration.
Do you think this is something possible for Flow?
I mean, yeah, I mean, Flow has, since its beginning,
its aim has been to be the home of Consumer Web 3.
And so now that we have an EVM environment, I would love for Flow to be the home of EVM Consumer Web 3.
But I think, you know, the end users, the real long game here, they won't know whether it's on, you know, EVM environment or an arcade environment or whatever it may be.
And so, I mean, I really think that the story of Flow is the story of the apps.
And so, like, Flow is a network built by app developers for app developers, you know?
And so, I think the apps is what will speak.
It's almost like actions speak louder than words, right?
It's like the apps will speak louder than the chain.
And so, our, you know, hyper-focused mission is to build a network layer
that enables the next killer app, right? The next NBA Top Shot, the next Polymarket,
the next Pumped Up Fund, whatever it may be, the thing that we haven't seen yet emerge on our
chain. And what we have coming up in the fall, our ability to build with and on AI on flow,
like that's really what we believe is going to enable that. So yes, but I think we have to even expand our minds of what consumer means in Web3,
right?
And actually think about what that really means.
And I think Flow is ready for that.
Got you, got you.
Yeah, this is definitely tempting and very interesting, I would say, especially for builders
out there as well, right?
So if you are down there in the audience and you are actually somebody that is, yeah, maybe a little bit handy when it comes down to Solidity,
might be worth to check it out over there as well.
Rick, I've seen that you had your hand up.
Now it's not showing anymore.
Most likely X is bugging out, but Mike is yours, brother.
It's just a quick one guys a
little bit of a security thing uh you guys all know dax and wizard uh he his account is compromised
so please guys no one interact with his accounts just wanted to say to your honest space because
i know sometimes people are distracted on a space and they'll click on a link or something like that
we don't want any of our fam getting hurt. These things happen, guys. It's very common in the space. So just please don't click on anything. That's all. Thank you.
on a daily base.
We had some incidents
when it comes down to this as well
over at like,
yeah, with Chin's account, right?
Didn't your X account
somehow get lost
at a certain time as well, Chin?
Yeah, it was that
one of the emails.
I think, Greenity,
you got it too, right?
Like someone,
there's an email
that looks like it's from X
saying that your,
you know,
your post got,
got, you know, denied or not.
I think Appy from AP Collective recently posted something about that too.
But yeah, please, please be careful.
Yeah, 100%, right?
Be careful out here in this environment.
Of course, this also shouldn't shy you away from like using Web3.
This is something that I also like to mention when it comes down to this right because many people then tend to become like super super careful um of course always be careful
and always try to stay as secure as possible around here but let's not forget it's a very like
fast moving environment that we live here right and yeah those mistakes can happen to anybody
regardless of how safe you try to be around here in the space,
right? So don't blame yourself if something like that ever happens to you. There are many people
around here that try to help you out and, of course, find some solutions when some incidents
like this happen. But thank you, Rick, for bringing that up, right? Ladies and gentlemen,
stay safe out here. That is, of course, the primary focus in Web3 when we're actually,
you know, hanging out here in those spaces and on the CT timeline as well as in Discord and whatever we could think of.
Since we kind of just mentioned the security stuff, I'm kind of curious, Dudelift, just on a side note, is there something like security backups or something like that when it comes down to Flow as well?
Because in terms of my quick overview read up when it comes down to the Flow ecosystem,
I've read something about security aspects over there as well.
Yeah, I mean, so the native programming language of Flow,
the smart contract programming language called Cadence,
is inherently more secure due to
a few different reasons, unlike Solidity. As far as apps building with it, you may have heard the
term re-entrancy attack the past couple of months. Most major kind of DeFi hacks tend to kind of
attribute themselves to this. It's a very simple error to do. That's why it's kind of rather difficult to build with Solidity.
That's why you need such an expertise.
And Cadence is meant to be a human-readable smart contract programming language,
which makes it a better AI-writable smart contract programming language,
makes it more secure as well.
And so, yeah, so security is a huge focus.
Like I said, Flow is a network built for app developers by app developers.
And so the people who built Flow had that as a major, major focus because they didn't
want you to have to spend a quarter of your raise on audits and security, things like
that.
And so yeah, it's a big focus for us.
I love to hear this because yeah, security is always like, as we just heard just
recently, like one, two minutes ago, right? Once more, an issue occurred around here. And yeah,
of course, security should always be the primary focus. And not just for us as like end users and
consumers, but also for, of course, devs out there, as well as ecosystem builders and app builders
around there on Flow. So yeah yeah shout out to you guys in
terms of considering that as well i mean of course that is most of the time like the primary focus
when you chains are emerging around here as well right to keep the security at the max level um
but yeah getting dissolved is of course also a milestone that needs to be appreciated so shout
out to your legends here as well and yeah right now we just scratched the
hour so slowly but steadily we are going to come to an end when it comes down to the space here
but i would like to have like one last closing question basically um that i would throw over
to you my man if you don't mind because we have the opportunity to have you around and that's
basically um because we all know right when people
have like or talk about chains there's always like yeah some advantages some disadvantages
whatever you could think of um but if you would say like just from a community aspect of whatever
you have heard over the last couple of years like what is one big misconception about flow that some people might have around here in this space?
If there's something like that even existing.
Yeah, yeah, no, no, no, that's a great question.
And I would say that probably the biggest misconception about flow now is that you can't build on flow, right?
Or something like that.
I think when Top Shot launched, it was very early days
and it was so exciting and everyone was like,
oh my gosh, I wanna build on flow.
And they found out, oh, they had to learn
a new smart contract programming language.
And oh, you know, can I use Dapper Wallet
or can I do all these things?
And so I think as a result, and keep in mind how early
that was many years ago, Kind of the developer scene was.
Think about, you know, EVM developers are much more cypherpunk than they were then.
And so they were kind of like, ah, I can't build on Flow.
And so I think some people wrote it off as a result.
And so, like, that has come a long way in the past couple of years.
Now you can permissionlessly deploy apps on the EVM or the cadence side.
You know, you can use a variety of wallets.
You can use MetaMask on Flow.
Like it's completely different landscape in that regard.
And so that's where it's like, yeah, Flow is like open for business. And not only that, I mean, if you look at some of the things that have happened in the
past couple of months, yeah, it's not just open for business.
Things are really ramping up and that's only going to continue.
So it's like, I think maybe, maybe if I could summarize
that, not even from a development perspective, but I think some people say like, oh, like, well,
Top Shot is where it peaked. And it's like, no, no, no. Like we were a hundred percent. I know
everyone says this to some degree, but like really, really just getting started. We have not,
there's, there's still only 30,000 web three developers on the planet. There's 30 million
software developers in web2. We are
only scratching the surface and Flow is very much ready for what comes next. And so, yeah,
I'm excited to be along for the ride. Oh, and I love to hear it. I'm definitely going to be part
of the ride myself here as well. As you guys know, I'm already a little bit tapped into there,
especially through BZ as well.
But yeah, as I already said throughout the space a couple of times, right,
of course, this shouldn't be a promo or anything, but for everybody that is down there in the audience, right,
if you are interested after what you have heard today,
maybe if you are a builder and you kind of want to check out something new
in terms of like a dev side of things,
also for EVM compatible coding languages, right?
There we go, I finally get it.
Or if you might be, yeah,
an ETH native builder already that has something integrated
and wants to migrate somewhere else,
or you are just somebody that wants to, yeah,
maybe check out a new blockchain, right?
As some kind of user, then feel free to do that as
well. As you can already see, the accounts are already up here. So feel free to follow up if you
want to. And yeah, with that being said, we slowly but steadily are going to come to an end of today's
space. I appreciate you legends a lot for taking your time here today. After some hiccups, of course,
as well. Thank you, Elonon as we had them today once more
but it seemed like we picked up very good from where we actually got rocked dude lifts i appreciate
you a lot as well for like this last minute jump in here as well as pratik and bz rick star was up
here on the stage with us today as well as well as a couple of other legends chinsanity and so on
and so on so yeah i hope
that we can stay in touch dude lifts if you don't mind so maybe we can check something out here once
more in the future with a little bit of another deep dive maybe we dive a little bit more into
defy because yeah sturdy would have been lined up for today's space here as well but unfortunately
they didn't show up um but as you guys have seen right we packed
a lot into those 60 minutes regardless so who knows we might be in for flow part two and yeah
before we come to an end here let me pass it over once more to hero my man if you don't mind uh just
as some last closing thoughts like after you heard all this conversation here today, what is your thought before we jump off here on this beautiful Monday?
This is maybe like some reflections that I had from having a beautiful weekend, 10 out of 10 weekend touching grass.
I think we're approaching a point in which we're building blockchain in which people don't know that blockchain is behind.
I think that's actually how we started.
And now we build it in a different way.
But we're getting there.
And I think it's how we're doing it here.
Or like how Flow is doing, BZ is doing it.
It's projects with companies that not necessarily, you don't need to know that it's crypto.
Like the rails are very seamless.
So I'm very proud of being in this epoch for the space.
And like holding the ethos of the
cypherpunks, you can call it like that. So beautiful spaces. Thank you everyone. And I guess we'll have another spaces on Wednesday, this time with Chin Sanity. Yes, sir. 100%. We are going to be back
for you legends with Chin Sanity on Wednesday at another time set though as today 3 p.m cest or 9 a.m eastern
whatever time zone you are basically in we are going to have yeah another ethereum deep dive
and this time we are diving a little bit into ethereum culture 2025 because as you guys know
last week we had the 10 years of eth anniversary space but most likely a lot has changed within the Ethereum culture
throughout the last 10 years, right?
No doubt.
I mean, also our society
and everything has changed
within Web3, of course, as well
throughout the last 10 years.
So yeah, we are going to deep dive
into this on Wednesday
with a variety of dope guests
up on the stage once more.
So keep your eyes open
for the post that is going to come
most likely within the next hours,
I guess, one, two hours, something like that.
Yeah, to get ready for Wednesday already.
And yeah, I hope to see you guys there once more.
Now there's not much left to be said.
And to thank you guys once more for tapping in here today.
Shout out to Flo, Dudelift, BZ Pratik, Rickstar, Hero of course as well, Chinsanity and all the other legends that I see down there in the audience.
Maybe make sure to follow up on one or another person because you can never know where this next amazing piece of content comes from.
And yeah, with that being said, ladies and gentlemen, I wish you a good morning, good afternoon, good evening, whatever time zone you're in.
Greenity and with that also on chain out for today. We're going to
wrap things up with a little bit of music.
Bye bye and
toodaloo. I can see your future You're looking bright
I'm right
I'm forgetting the ankle
She's
She's She's
She's
