Frictionless | Unlock the Power of Tokenization!🦾 $FRIC

Recorded: Jan. 19, 2024 Duration: 1:10:46

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I'm sorry for the delay, can you please repeat the created?
question. Yeah, sure. I was wondering how does frictionless sustain itself financially? Is there
like a fee structure for transactions or other services and how would I sort of interact as an
investor with the smart contracts P2P if I wanted to use the services? Exactly. There is a transaction
fee involved in any transaction that's happening on our platform, which on the basis is 2% free.
If you hold our token, join our communities and so on, you can reduce it free further and further
to 0.8%. And just from the basis of this fee and the volume that we've analyzed, we've become
self-sustainable quite quickly to be able to cover our yearly burn rate after one and a half years.
And then like scaling burn rates, like where we're able to scale on multiple chains, deploy multiple
chains, we will be able to cover this burn rates with the revenue we get from all the respective
chains. Then additionally, we are licensing out our API, like two decentralized exchanges, centralized
exchanges, which will all have a frictionless section for their portfolio company. So we are
completely B2B focused as well as B2C focused. And then there are additional services that you
can buy with our token on our platform, additional switches and additional options for you to receive
more token and elaborate offer forms, which a few of you can read on the white paper and more will
get released over time. We are working hard on providing some really, really interesting trade
options that do not exist in the market yet around this unique use case. And then we are also
getting revenue from all these different Web Street services where we are integrating our platform
legacy lockup service, for example, we're getting fees and referral bonuses for that.
So we are multifaced when it comes to revenue streams to be able to fend off
even the biggest downward pressure that can that will come in a bear market, in a bear market, sorry,
in a bear market. Yeah.
Okay, got you, Milan. I was wondering on the security aspect, how does frictionless ensure
the security of transactions, particularly given large volumes of tokens that might be swapped? Can you
elaborate on the security protocols and escrow smart contracts?
Hey there, Milan.
You're on mute there, Milan. Come here.
I'm sorry. Yeah, sorry. I was talking the whole time. So we are addressing this security question
from two sides. For once, of course, we will have all these cyber-secure
implementations covered from all sides where there might be points of attack and so on.
And this will be due, of course, through auditing, through partnerships with auditing services
and so on. We have quite deep networking power when it comes to audits. And beyond that,
we will also build our own oracles, specialized, customized onto our specific use case because
oracles we are using right now are general oracles to create an exploitation and potential
problems there. We will build our own oracles around our use case. And the smart
escrow smart contracts are simple smart contracts. Well, simple is not always
simple because there's a lot of work to make something simple and easy to understand. So
there's been some good work going into those smart contracts to make them watertight.
But we will not rest on that, of course. This is what we will do in the beta testing now.
We are actually happy to announce a little thing here because we will onboard our first
B2B customers for backdoor OTC trades using our OTC technology for the trades already. So we will
have some case studies coming in that will populate our docs to push us even further.
Even before we launch our platform, we will have the main nets and volume to project and to promote
and are also able to test our platform in real life conditions. Of course,
backdoor with restricted access to certain individuals only. Beyond that, we need to make
sure that everything is as good as possible and throughout the development process. We are
working with projects funds. If we F up, we endanger the existence of a project, of a startup,
which is completely detrimental to the purpose of everything that we want to do and achieve
with this platform. So we have to make sure that everything there is watertight as well.
So auditing, continuous auditing will happen and so on. But this will happen also through
the scaling and through, of course, funds available for that because our main focus is
the development and getting the platform out and making it accessible for everyone.
I see one. Following on from that, how does frictionless handle disputes between
buyers and sellers? Is there an arbitration mechanism in place?
There are arbitration, there will be arbitration restrictors in place through bots and so on.
But you can ask that any centralized exchange, any decentralized exchange,
arbitrage is bringing volume. Arbitrage is helping provide healthy token volume overall.
And we do not want to restrict arbitrage. We do want to restrict arbitrage exploitation.
And this is what we have to focus on. You cannot circumvent arbitrage. Some of the biggest deals,
some of the biggest volume are being done by market makers. And we are addressing this as well
and providing our services to market makers, which will also be part of the Web3 service cohort
that we then offer our technology through. This will also be additional revenue
income for us. So we are set to establish us in all these different spectrums of the Web3 space.
Got you, Milan. And with frictionless, it aims to prevent large trades from impacting market prices.
How do you see this influence in the overall market dynamics and price discovery mechanisms
in the long term? That is such an interesting question. And this is one of the most interesting
things about this project, actually. What is this dynamic that we will produce on our platform?
Because overall, we are creating a better sentiment around the token. We are creating
a better sentiment in the communities, in the institutional side and on the token project side.
So everyone that uses our platform at one point will have a badge of honor and a pledge
to work together with their communities. And this is the dynamics that we want to create,
that projects will showcase their affection for their communities, for their investor base,
when they use our platform. Promote it that way as well, because this is what we want.
We want to help projects. We want to get this amazing innovation built from the outskirts of
African townships to the border nations in South America. We want those brilliant mindset
creative startups and want to provide our solution to them right away that they can scale
immediately, build communities around their projects and give the best possible image to
those communities. And just from the basis of providing our solution to VC investing schedules
also, which is a huge issue on the market, VC investing schedules, any retail investor here
knows that you are generally regarded as exit liquidity. And we could flip the tables on
that. We could flip the script completely on the sentiment. If you use our platform,
if VC investing schedules use our platform, you as investor can fill up VC investing schedules,
receive your favorite token return. VCs can liquidate without any market impact.
This is a whole new ballgame here for market making.
Got you, Milan. And I was wondering how does friction
less plan to prevent or address potential market manipulation for this platform?
By being aware, by looking at all the possibilities and where we could get exploited, where there
are issues and market manipulation. I mean, let's face it, like how can you avoid market
manipulation? If someone has enough billions and lying around, he can completely manipulate
the market. People are, it's happening right now. I mean, look at Gracie herself. Look at the BTC
sellers happening right now. How is that not market manipulation? This is market manipulation
on a scale where it is allowed. So you cannot circumvent market manipulation that is allowed.
What we can fight off and what we can defend ourselves against is market manipulation.
And that is not like this. That is that is addressable. That is smaller time market
manipulation and so on. But against bigger market manipulation, how what can we do against it?
Fair enough. Yeah, that's true. And does fictional support cross chain token swaps?
If not, are the plans to incorporate this feature?
We it is a hot debate, actually, because I myself think bridges and cross chain stuff
should be kept in the laboratory for a while longer. Should have kept being kept there.
Like algorithmic stablecoins should have been kept in the laboratory for way longer
till any life action implementation was made. But then again, like innovation needs to get out
and needs to get tested under real life circumstances. And only then you see its
true application and applicability. So we need to we need to make sure to be safe on all sides.
And can you provide more details about the technical infrastructure behind frictionless,
particularly how it ensures fast and reliable transactions?
Yes, of course. So the technical infrastructure, I think I went there a little bit already is
follow is you are as the offer creator create an offer where you allocate your tokens into
and then immediately an escrow smart contract gets deployed where only you have access to.
This thing gets routed through the controller contract, which curates our offer wall with which
then the retail investors or any wallet that interacts with the offer can interact well
with the offer. And it is a simple effect. We are able to provide a good base already proven
through our platform. Actually, our offer testing we launched a decentralized exchange on polygon
test and as well to pull the price feeds directly from tokens we launched there as well test tokens
to showcase that we can do everything on market price. And yeah, it worked. And so far,
if you're interested in the full on technical back and like a full on tech discussion and so on,
hit up our devs, Neil and Mika. And we would love to keep on going indefinite. And in the next
few days, we will also drop a tech article, which will go into it a bit further and deeper.
So join our communities and stick around for all the content that we drop. And we will make sure
that you get the full grasp of what we are building at the full grasp of the use case
that we have there, and how amazingly integratable is already in the current market conditions.
We will be able to be self sustainable in a pair of markets. And just imagine what this
means in a bull market. Fair enough. We do try to keep it high level for the spaces. I'm not that
sort of technical myself. So anyone that it's into the tech side yet can go into the social
media accounts and ask any questions from the team there. But I was wondering how
user friendly is the frictionless platform, especially for those who are new to cryptocurrency
trading, what kind of support or educational resources do you provide? And that's a very good
question also, because we will also partner up with Web Street educational platforms to provide us
the best possible onboarding. And of course, there will also be an education material centered
around how you interact with our platform. But in essence, we want to make sure that those that
use our platform already have a similar experience that they had on different platforms,
so that there's already a heptical resonance from their from their end. So we yeah, yeah,
that's essentially what we need to do. Like we need to onboard them with things they already know,
and then introduce them to things they don't know, which they can then adapt to, as it will help.
How does frictionless plan to engage with and grow its user community?
And we can do that right now, because there's a question actually by Captain Levi.
Like we can address the question right away. Like I'm not sure like how much time he has,
and if he's really keen to get answered. We've got an hour. Yeah, we've got another
25 minutes. But yeah, so if you could tell us more.
Yeah, it wasn't from Captain Levi, I've just brought him up as a speaker from me.
I didn't get that, sorry.
Yeah, I was wondering how does frictionless plan to engage with and grow its user community?
Oh, yes, we will use of course, normal KOL marketing, getting people hooked through interest,
some great people in the space. Beyond that, we are doing performance marketing, we will make sure
that all the ad platforms are populated with our ads that we can create. Which is the most
important thing right now, actually, I would say, a branding. Overall, we need to get our branding
out there and to establish our branding, because there is a reason for the name frictionless,
you know, it's not only that we want to provide a frictionless experience for everyone that uses
our platform. It is also one of the most used terms with crypto, with blockchain out there
right now. Show me a white paper, show me an exchange, show me anything that is not using
the word frictionless. That is not using the word frictionless. And whenever you now read this,
you will think of us. So branding is super important for us. And this is what we also
concentrate on to get like a cross platform marketing overall. And then we will do everything
else. Well, as what we're doing right now, AMAs, make sure to engage with the crypto
communities. We will have engaging stuff happening on our ends, giveaways, community
participation. We will have our beta testing available to our community members that will get
something extra on top of course. They will be able to engage with so much stuff from
our end. Got you, Milan. And what's the future roadmap for frictionless? Are there any sort of
upcoming features or expansions that users can look forward to or partnerships? And our current
partnerships was very important to us. And of course, our addressing the global market. So we
now partnered with Partex, which will be a prime layer to for the Latin market on trying to onboard
the hundreds of millions of people there. And you already exist in big crypto user base. It's also
quite an overlooked market. And as is Africa, and as I've been in Africa for a while, and all the
space, web space, and highly embedded there, we will look into our expansion in those spaces.
And when we get our expansion in those spaces, the bigger ones will follow just through the
sheer adoption that will happen there. And at the same time, of course, we will flock to the
general web space. From Europe to Asia, all these amazing web space startups that exist all over
the Middle East. We are a deity service and registered in the UAE as well. We are now going
for a different license. And we are as we are scaling the operations going for exchange. So we
need to need to go there and make sure that we have the proper company company form as well.
We are established in the Middle East have great networking there. So we are addressing all these
different markets whilst tampering to the old set markets already. Because everywhere this issue
that we are solving persists. And we'll jump to the audience shortly for questions. But I was
wondering on the regulatory side, how does frictionless navigate the various global regulations
around cryptocurrency exchanges and transactions? And what measures are in place to ensure compliance?
That is that is a very good question. That's one of the most important questions. I'm not going to
do any compliance virtual signaling here. We need to be on top of compliance of regulations. I mean,
we're building a decentralized OTC platform. There are no regulations for that. There is no
regulatory compliance framework for that because it is a complete new niche market. So which also
gives us a benefit where we can in a way shape the terminology around everything because we have
our own technologies on our platform to make sure that we are regarded as our own. And the
regulations and compliance movements, if you look at the EU with Mika and all those pushes and all
these pied piper regulations that follow those bigger regulation waves. We need to address those
and we are addressing those with having probably one of the few early stage crypto startups that
actually have an official crypto compliance officer. So we want to be on top of that,
but we also need to make sure that our innovation is not tempered. So in the spirit of DeFi and
everything, the pledge to provide the utility is already being compliant with the idea of innovation
itself. Definitely. And is there any consideration for the environmental impacts of blockchain
technology used in frictionless and how do you address these concerns? Of course. Well, it's one
of my most important things and one of my favorite things to talk about the environment. Like I work
in conservation, environmental conservation, all over the world with animals from all sides and
work with some of the greatest scientists on the spectrum. It's amazing the chances I had
to meet some of my childhood heroes and talk to them, exchange thoughts with them and so on.
So coming from the environmental space, I always want to be an advocate for blockchain itself
because a lot of the talks that I was doing like this with conservationists, environmentalists,
researchers and so on that just read one meager smear campaign article on CNN or whatever about
crypto. And then this was a set opinion on everything, on the whole industry, on the
holy technology that can reshape, especially countries that are prone to environmental
disasters. This is awful, I think. If you stop innovation, you are inviting the devastating
effects of those natural disasters even further because you're burying people from, especially
with DeFi and crypto, from taking action themselves, being self-governed. And this
provides an immense new base and a new thinking if you implement blockchain technology
in environmental endeavors like we do at C with the environmental data. We are able to
record and lock environmental data so that it cannot be falsified in the future. This is
generational data that cannot be falsified in the future, which is an amazing concept.
If you would have told anyone that 100 years ago that you will have environmental data
and standardized recorded and everything in the proper scientific protocols, all on one
entity that no one will be able to change and especially the data on that. They wouldn't
believe you. This is the magic actually of it behind it. So by also supporting protocols like C
and other environmental protocols, we are able to help on those forefronts
of the image of blockchain and web3 in the environmental space because everyone is super
sensitive about it. Believe me, I have so many conversations with people that were just written
with false bias and so on. And this also showed me how early we are when some of the smartest
people that I've ever met had such an unfounded, uneducated opinion about something that could
actually reshape their way of life and especially their way of doing science and educating people
and research. So we will always support, this is an important endeavor for me, we will always
support the most healthy and green way to build our technology. That's why we are on layer two.
But we will also try to make sure to give our best to reduce any emissions further.
Definitely. I mean economics doesn't take nature into account. Humans have never done that. So
obviously the devastation that's causing. So I was wondering because you're environmentally
active, if there will be any sort of charity aspect around frictionless for animal conservation
or expeditions or anything on that nature. That will definitely. And that's actually
something very interesting in the plans right now that is combining two passions of mine,
two passion projects, a different project. But we will announce that in the next weeks,
because this is again very sensitive. Any sort of conservation work, any sort of humanitarian
work, you have to be super careful about everything as you're also working with different
regulations, different governments. But there is something really beautiful in the works
that I can't wait to share with everyone because yeah, well, as I said, it combines something that
I've been working on for a long time. So yeah, this will be quite cool. But I can't say anything
yet. So but stick around general communities and in the next weeks we will drop this.
Maybe a long discussion about the environment. It's very interesting subjects.
And I can talk about this all day.
But let's go to Spacey's question. As I say, we've got Ramat. You have a question for Milan.
Go ahead.
Oh, sorry. Ramat. I think Captain Levi was like he was the first one he was holding up the
sand for a while now. I'm sorry, Ramat. Yeah, if he wants to go first, can we share it?
Yeah, just go ahead. Yeah, just go ahead.
Yeah, thank you. Okay, can you hear me clearly? Yes, of course.
Okay, I've been listening in. So I have a few questions. So okay, I was thinking how do you
ensure the quick execution of wallet-to-wallet switches with minimal latency insurance,
ensuring the user experience minimal wait times for their orders or offers fulfillment. And
can you also provide maybe insights into the efficiency of your matching engine?
I'm going to answer your first question, but you have to repeat your second question because
I didn't understand it. But the answer to the first question is, we weren't even close to our
bottleneck yet in our alpha testing. There were no hiccups. There were no latency issues.
Everything happened in real time. But it's also because it was just 100 people testing.
And it wasn't 100 people at the same time, of course, as well.
But yeah, we have to be careful about the bottlenecks that we achieve.
But till we are there, we are already preparing and making sure that we can always have a buffer
for that installed. So far, we haven't had any latency problems. If there will be in the future,
it will probably come by using a third party and software like the third party Oracle that
we're using, which then can get addressed if we are using our own workloads. So I hope this
was a sufficient answer to the first question, but can you please repeat the second one?
Yeah, second part was about your matching engine for matching orders.
Ah, for matching orders. Ah, OK, perfect. Our matching engine, essentially, we are pulling the
prices and the information of the trading pairs right from the nexus. So it will only be in the
beginning. And when we launch the platform, you will only be able to trade the respective trading
pair of the respective asset. But then we are also able to widen this to any kind of token on the
respective smart contract chains. And you have to see it in this way, like we are all throwing
everything into one basket. And but you're only allowed to take out everything in equal value.
So what you put in, you're able to take out what you have in equal value. This is a little
bit simplified, but this is essentially a hard work. And this buckets are essentially you,
all the wallets, every wallet that you are using, because it's in a sense your own liquidity provider.
And so far, the matching of the prices and the matching
haven't had any hiccups. But there will be, of course, bottlenecks in the future. I mean,
like there are bottlenecks in any chain, on any protocol. So we have to address this
with making sure that we scale properly. Got it. Okay, in your white paper,
it's mentioned that neither the company nor the frictionless team will have access to the funds
as they are secured in the escrow smart contracts and known as the project contracts.
I would like a clarification on whether your platform directly manages these funds or
if you have secured the services of any third party qualified and regulated custodian
to safeguard users funds. And we again, like it's very important to keep protecting and projecting
and protecting the image of a non-custodiality because this is what we want. We want to be
completely non-custodial. If we're non-custodial, we are frictionless. So there will never be any
funds sold on our platform. The holders of the funds are the holders of the funds. So
the smart contracts and the escrow smart contracts, yes. If you want to be creative
and you can say these are getting hold by the overall project, but it's not. It's
hold and controlled by the one that creates the offer. I hope this answered your question,
but can you repeat it if it didn't?
I'm not sure if there's connection problems in the last couple of days has been breaking up.
Rama, join our communities and I can answer any other question there. And we can also go into
DMs because I didn't hear you very well. No problem. Let's move on to Captain Levi.
You had a question for Rama. Go ahead. Yeah, thanks Glenn. Quick my check. Can you hear me?
Yeah, coming pretty fine. Yeah. All right. I like your passion talking about this project.
You're one of those really good speakers and knows this project like the back of your hands.
So it's really impressive. I just have a couple of questions regarding the way you balance out
requests and supply and demand, so to speak. Of course, everyone loves it when wheels
participate in their projects, but just as people love the wheels that pass space in the project,
they also are scared of these wheels and somehow you are neutralizing this fear
by telling them that they shouldn't really worry about the activities of the wheels.
But when I run the maths, considering the fact that frictionless is actually a fixed amount of
token and is deflationary, what happens when the price of frictionless happens to increase,
the token price increases? How would you be balancing it out in connection to the supply
and demand of the frictionless token itself? This supply and demand is always governed for
once by the offer itself. That is the supply. Whatever the projects, whatever we,
like with our free token, put in the offer, this is the supply that there is. The demand,
of course, is from the other side that then wants to interact with this offer.
Any price changes that are happening on decentralized exchanges, we can address
by pulling the prices immediately from those liquidity pools. So if there is a hard
and high price fluctuation happening, we of course always need to be aware. We are on blockchain,
everything is happening on-chain and it can be slow at times, of course. Everyone knows it's
an amazing technology. Blockchain is brilliant. But a lot of real-life adoption is not happening
because it is too slow. This is still an issue. This is still an issue and this will change over
time. Of course, it has been changing over time and look at the last six years, seven years of
development. It's amazing what happens there. But we are able to address any price fluctuations.
Right now, as through the testing, we were able to address it. If there are super high volume
assets on our platform at one point, then this means that we've also grown to the extent
to handle that. And as we will also make sure that our scaling is incorporating this approach,
that we are always able to fulfill the demand and the supply and the accurate price feeds
that are happening in between. This is a question more of how good we are in adopting
two big rows of the platform and the success of the tokens that are on our platform.
So far, it has been fine. It has been well. We had no issues there. But there might be those,
of course. But we need to address them and we need to handle them. This is what our beta
testing, this is what all our testing, this is what all our things that are happening right now
are about.
That's really cool. And I think it's actually impressive that you have the approach and you
have the mindset of, okay, things may not go as planned and these are countermeasures that
will be implemented. You guys are really building something impressive. I'm seeing this here on
white paper and I'm really amazed with what I'm reading. And I really think that a lot of people
actually also switch to frictionless and what they're hearing. I wish you guys the best and I
really hope that frictionless and its ecosystem stays bullish. Thanks again for answering my
questions. Over to you, Glenn. Thank you so much. Very deeply appreciate it. Thanks, Matt.
Thanks for the questions, Captain. I think we've got a remark back up.
Yes, connection. Do you want to offer you that remark? Yeah, yeah, sorry. I got disconnected
acting up these days. Okay, I have another question. As mentioned in white paper,
that offers can be promoted by purchasing ad spaces at the top of the offer wall providing
projects with a better visibility. So I would like to inquire if the creators, offer creators
can enhance their visibility only through purchasing ad space or there is also a mechanism
for visibility based on the reputation or rating. That's actually a very good thing where you go
right now because in the next week, we will announce a partnership that will also include
this trust rating and trust approach of the assets that are on our platform. This will also
be included. The higher the trust level, the higher the trust, then the higher the ranking.
But generally, it's also volume determined. But if you use our platform, you are already
determined. It's like with ESOS game. You all use ESOS game with a plan in mind already.
Are you actually looking at the adverts, at the ads, at the things that are at the banners
that are happening there? You're not because you have an intent in using that platform.
Those ads mostly work if you are just scrolling through a platform, just checking things out
and so on. If you have an intent, you're ignoring everything else except the intent.
So this is what we also want to use a little bit, this dynamic and this dynamic of intent on
our platform by providing and making sure that the assets that people are most likely to trade
and that want to use them are also shown to them. But this is way down in the future to make sure
that we also have an AI implementation that is using the user signals and the user data
to provide them already the best offer there. But this is for the future. And of course,
how we are able to implement this, we will see. This is right now a cool concept.
But this is for the future. Besides that, the promoted offer itself is a way for projects
to quickly fill up their offer, essentially. Like getting placed on top of the offer wall
for a certain period of time. If our platform is on a high volume basis,
then this should get filled quickly. But if it doesn't happen, of course, we will make sure
that they are in person and so on. But we are not there yet. This is a whole field
that we are uncovering at the same time. Awesome. What's your final thing for me?
I was also curious to know if users will have the option to maybe utilize frictionless services
through their web3 wallet such as MetaMask or TrustWallet or any other DeFi applications
and are you developing any API for this person? Yes, exactly. I think in the beginning,
we are essentially outsourcing our API to all these different use cases. This is also how
we will make additional revenue. MetaMask among them and in all those platforms. But
yeah, this is it. I mean, you already started grinding your gears in your head thinking of
the applicabilities of this use case. Because there are so many, like in the last article
in Shadow Medium, like we talked about, all these cracks in the web3 space that need
some really, really, really good axle oil. And this is frictionless. Because there is
these cracks with this unaddressed volume and this unaddressed use case.
And yeah, this is where we pull in. Awesome. It's been really nice talking to you and
thank you so much for your time. Over to you, Glenn. Thank you so much.
Thanks for your question, Asayat. Next, we've got Venice. You have a question for Malam. Go ahead.
Yeah, thank you so much, Glenn. Okay, I have really this thing and I must say you guys
are developing something really great. It's a unique technology of making the charges
general. Okay, I read that traditional market makers strategically control a project's asset
price to create healthy order. But how do you guys ensure that market makers,
which was in the offer wall and tools, would not engage in manipulative practices or
create artificial price movements for their benefit, essentially impacting other users?
Market makers are doing that already. This is their job. This is what they're doing,
controlling asset price. This is what they're doing already. And when they use our platform,
their impact will just be a little bit less and they have a little bit more assets on top of this
will help the project more in the end. So let's say it's another, again, like another tool in the
shed of those market makers. But this is what the market making is about. And this is their job.
Yeah, I understand that. And you just mentioned about the ads that you'll be offering on the
offer wall. I want to know that what mayors are in place to maintain fair visibility and
opportunities for all projects, regardless of their financial capacity, that the larger projects
might always share those smaller projects with ads based on the offer wall.
There's of course, this will get into the, like our agenda is to help startups, you know.
So there will be also in the future of the grant programs,
infrastructure support for startups and so on, and visibility for startups, of course.
So high potential, young projects, great teams and so on. They will receive like the
full-on treatment to get projected and so on. And other smaller projects and so on as well.
We gladly give them space on our platform. Let's say in our day where those projects are getting
rotated maybe, or in a raffle where the community can join, and using the Frig token
maybe for that, then unlock the ad space for their favorite project. And at the same time,
also, we will implement DAO features, because we have two distinct user personas on the platform.
It's the offer creators and the contributors. This is everyone that will be you as a retail investor.
Anyone that interacts with an offer to fill it up or contribute. And those have different demands and
different needs. And we have proposals. You can also then propose that a project could be then for
a long time, be advertised. Because there's so much overwhelming demand, you know, from the
investor side, the community side. But again, like this is, there's so much potential,
just uncovering this and further and further. But I read a lot of your questions. It was a good one.
Okay, yeah. Thank you so much for answering my questions. Thank you.
Thank you, Ben.
Thanks for the questions, Venice. So, we've got a couple of minutes left. I think we signed a couple
minutes late. I don't know if we've covered everything about Frictionless or there was
anything that you wanted to touch on Milan, or we could do a recap for the spaces for anyone
that's joined it later on today. No, I'm very grateful for this chance. Thank you so much
for having us. And thank you all for listening. As some people have asked questions,
already stated, like we are very passionate about this. We are an amazing team. We have
in-house development. We have in-house compliance. We have so much things in-house. We have an amazing
advisory board, not just like branding advisors. And so these are people with amazing backgrounds
that understood and understand the potential of our platform and help us out. Each advisor is
pledged to a department of their profession, and of course, the occupation. And beyond that,
all the partnerships and the networking we've been doing over two years are finally paying off.
This has been such a long time in the making, and we are just happy to have our token out there.
We can't imagine how delightful this is. And then it will be even more amazing when we have
our platform out there finally. And yeah, then see how we can reshape and help the web space itself.
Okay, as we say, Moby Media is for research and education. It's not financial advice,
but we recommend you check out the website, the white paper. If you've got any questions
after these spaces, you can get to the socials from the fractional, fractionless,
should I say, X account. And whereabouts does the community hang out? Milan, is it mainly
Discord or Telegram? Mainly it's Discord right now. We share our articles and updates on Medium,
but you can always check us out on our website and also send us emails. It's always nice to have
people on Telegram and Discord and directing on conversations. But I like emails as well,
so send us emails. Love to check them because it's like a proper impactful thing, and I like that.
Okay, so as I say, there's lots of delve into the white paper with the frictionless projects,
really cool concepts for the future for the blockchain and the crypto industry. So do check
that out. And yeah, like I say, it's been great speaking to you, Milan. Thank you very much for
coming today. Thank you so much, pleasure of mine. And thank you so much, guys, for your
questions and your engagement. And this honors us deeply. Cheers.