Hello, how are you doing? I'm doing alright. I guess. Yeah, what about you? How was your day?
I'm not listening to my headphones but through the phone.
Can you try speaking again please?
Yeah, yeah, definitely do you hear me? It is not working.
No, no. I am having a little, I don't know, my throat is sick, but I am not sick, just a throat. It was a change of temperatures maybe.
You can hear me well, right? Okay, good. It means that can you remind me your name please?
Yeah, like my name like as a person like we're like a project like my name is a person is a Pavel is like Pavel. Yes. Thank you. Yeah, I won't forget it.
So have you seen the conversation going on in Telegram Group?
I think like, yeah, it's very interesting to share it to discuss this ideas, but I'm probably missing out on a lot of things that are like, people are probably
probably not really like going into details and like if you could probably like share your ideas on yeah on this topic that would be great yeah and yeah it's well I will invite the others coming here to also discuss about it
So if you wrote and Hannah would like to talk about it would be amazing. My insights on this is that we need to be there to level up the fair barrier or standard standards in the world so that we may
make sure that things are done correctly, even though Geetcoin should be the one doing this officially, let's say, but as it is a decentralized thing, it is up to us also to participate and to make sure things happen
in the right and first ways possible. So I think we need to be there and we need to represent the world those projects that are being let's say left out or not considered due to
being small. That's why we are a collective small projects and also we shield, we promote other projects even if they are not from the guild because on this season it's about unraising or helping supporting everyone that is
doing great for everybody for the planet, for having a better society or societies. So that's why I think we should be there. But at the end, it's a collective decision. So it's also interesting to discuss this. Hey, you may have a hearing.
I'm doing well brother. I'm doing well. The radio is alive and well. People are just starting to transition now that they just have to tell some deep stories in the previous space. I see that you've now started it up. I'm doing well for them. Overall, I'm complying.
I decided again, not to do max impact instead I'm bringing my guess here Prana over hope that's okay and maybe we can go back to back We can both ask Prana some questions go deep. He's a fountain of knowledge for all things re-fi and positive impacts though. Let's let's bring Prana up here and
and then we'll get into the general shills and stuff too but I hope we can go a little bit deeper into some of the great knowledge pun up has and maybe share some stories and yeah all the good stuff. Alright so there's a money code host okay wonderful wonderful
do also the time to say thank you because you are always here and you are always supporting everybody and you are leaving your own
spaces, space, like your own thing to be here. And this is the most collective or community oriented thing that one can do. You are, how do you say this? Like,
this, this, this, the touching yourself from ego and like not minding ego at all. You are an eco guy and I really admire you and you are an inspiration for everybody here. So thanks for you
to the dual part of the Gilt and dual, I think that we are all learning from each other and I'm really honored to be part of this Gilt and be surrounded by everyone at Gilt because we can openly discuss and share our different insights and
in ways of looking to life and always trying to improve ourselves because I think that's the true competition in the world is competing against our own selves and not against others. Well, you're a great guy.
Thank you so much, Urbana. And so are you. You know, I'm so grateful for all of the hosts who dedicated an hour to Pranav, Urbana, Lunko, Pinsave, Gokadau. Bunch of people here today, Kula, who committed to showing up every single day. I know it's not easy, especially
Throughout Sundays and in some parts of the world today is Labor Day and But everyone is state consistent You know, of course there have been some rugs and some challenges along the way But everyone consistently showed up to to support the greater ecosystem and and now we need it more than ever right now donation
The founder or CEO rather, building gas hawk is here in the audience. So Dan feel free to come up as well. And we can also talk about how we can clearly articulate to our potential contributors how they can minimize their gas. But welcome up here. We got Prana. How you doing, Prana?
And good, Jimmy. Thanks. Thanks for having me over here. I appreciate all of the good work that you're doing and all the good folks that are doing here. Just please that punch to be here.
Amazing always a pleasure having you pranov and I love listening into your space as well Everybody let's start by retweeting the room I'm gonna pin it up to the jumbo you can just tap that and then tap the retweet button. Let's let everybody know that
that radio is going. And so one thing that I heard in your space that not too many people know is that you also do some angel investing, is that right? Could you tell us a bit more about some of that form of work that you've been up to?
Sure. So I've been investing in in angels, small check sizes since since the time I ran an accelerator for ideas that scale. At that time, we were working with very early stage startups across domains since that the
last one and a half, two years since I've been in the ReFICE phase, I've been more focused specifically on the climate blockchain intersection. Just a couple of them in there, not too many, you know, that's what I'm frankly again, just it's been more of long conversations, having a lot of
We've been the work that the person is doing and supporting the individual rather than looking to make returns is being more about finding people who are doing great work and just wanting to be a part of their journey to be a part of their work. That's essentially the driver for me when
I'm doing this, this, you know, angel investing bit. It's just, you know, I define it like, I mean, I could potentially, you know, I would want to potentially run so many different businesses because there's just so much good work and there's so much
opportunity but I can't and hence when I invest in a particular business it's an opportunity to be part of that business and opportunity to be part of that narrative, that story and to learn and to contribute. So that's my latest last one was in TRST01.
That's premier who's who's raising a two-mill round here in India He runs a business called TRST01 which is in the space. He's got some very interesting projects happening across India So yeah, just fortunate to be part of his journey. Yeah
Amazing. Wow, yeah. So it's really investing in the person. I want to be a part of their journey. But of course, you know, you can't invest every person. So there's the right kind of person, right, that you want to be a part of the journey and you'd see that. And it reminds me of this famous, the investor behind Soh Thank.
Japanese can I forget his name now? But he said that he wants invested in the founder of... Oh, cool was it. Ali Baba just because of the sparkle in his eye. He's like, that was the reason. So the sparkle in his eyes, like famous for making big investment decisions and like
10 to 15 minute meetings and he's just like this really bullish crazy person. I'm not saying necessarily like, like, creating investing like that, but it's that person behind the project and a lot of people do say that, that it's like, it really is about the person. So what kind of characteristics in the person do you look for and how do you think
entrepreneurs should be shaping themselves to become that person that's like the ideal of you know aligned investors to want to support and be a part of the journey. That's a very fun to print out you know because when you're actually working with so many good folks doing great work across
the ecosystem you really want to do and invest in most of them. That's the tendency. But a couple of things that I really look out for is the number of projects or POCs or actual work on the ground that the person has already done. So it definitely depends upon the stage of the business and I have invested in
really early stage you know folks who just have an idea but that's at that particular point it's usually because I have a history with the person I know the person has done something earlier I have engaged with them earlier in one way or the other I'm pretty confident that you know the the person's not going anywhere and he intends to make
this reality success of failure of course is part of the journey but it's going to be fun so that's like at that early stage for others who already are doing have some bit of traction it's definitely a lot more focused the diligence is a lot more focused on the work that's been done the traction it's again all about how well implemented
embedded in the ecosystem is this individual? Does he have the right collaborations in place? And lastly, again, what is the money being really used for? Because if the money is essentially just being put to salaries, then it's a very different sort of diligence that
to be done versus if the money is going to be put to a blue, a moon shot kind of work, right? Then it's a very different diligence or a perspective that needs to be taken. So very contextual. Unfortunately, don't have a playbook as of now. I'm not a seasoned angel investor. So you just have like, I'm still
and double digits not going into beyond that. So still doing my learnings. But I can tell you, I mean, you know, one thing that consistently shows up in my book at least for businesses or for people who are going to go on to do great things is the reporting that they do.
So most of the times you put money or effort or you have some sweet equity in a business and those people will engage with you for like specific periods, maybe two, three, five months and then they just disappear. It's almost as if they've outgrown you, right? And it's as if that what you contributed has no meaning or value anymore.
which could be true by the way, you know, businesses really outgrow mentors or outgrow investors which is fine. But then, you know, the good ones, the consistency keep reporting back to you and by reporting it's not means of like checking in and getting on phone calls and so on and so forth. It's a very simple cadence of like an email once a month telling you, you know, what's
happening in their part of the world where are they in the journey, what kind of health they might welcome and if they are in, I mean, if they're looking for more money, I mean, it's as simple as that. But just keeping that relationship going, those are the people I've consistently seen doing great work. So yeah, that's that's one clear signal that I look for. Yeah.
Very cool. Very cool. Well, you know, this is a collaborative interview guys. I saw Loco's hand was up before we got our bonica up here as well. So if you guys do have questions at any point, feel free to just raise your hand and we can all chime in and ask some questions. Um, and yeah, so obviously to get in a position where you can
make certain angel investments. You've built some performance success. I understand initially you were in textiles and then now you're doing some other great work with lower labs. What was the transition like from
web to a traditional text-all business into Web 3. Was that an easy transition for you? Was it more like a networking thing? Or how did you actually make that switch to go full-time into Web 3?
So, you know, this intersection of climate and blockchain is again very similar to the journey that I have traversed. Right? So, when I was in the fashion business, I transitioned into sustainable fashion back in 2012-13 and that led me to learning about circular fashion, circular economy.
I've continued in that journey along just understanding how does technology really help with that and the whole traceability and transparency aspect of the circular economy that Raleigh Kicksin. Parallelally, I was also involved in a crypto exchange for some
time, I was a co-founder at a plastic traceability and transparency solution and all of these, you know, some of parts, you know, all of these different parts essentially bought me to the realization in terms of the tool that technology is
And the possibility that it provides for collaboration at scale for governance especially for you know for essentially just bringing all of the funding and so when I was looking at this it was moved from the technology serving the company
perspective and not so much of calling it Web 3 per se, but the fact that it is Web 3 and the fact that it allows for all of these facets of Web 3, which is to me primarily is around decentralization, around collaboration at scale, governance, you know,
really shown up and another way I could say this is that a lot of us you know me you a lot of people and all of the different people in traditional spaces are doing some parts of this work which could be sustainability,
which could be traceability and transparency. They don't have this language of Web 3, so they don't call it Web 3, but the moment you surface this language to them, they will immediately jump on to this, if I would say bandwagon, and they would immediately jump on to this new paradigm, because this paradigm does open up
lot more possibilities that are provided for by the Web 2 paradigm. Web 2, the blockchain technology is still there but Web 3 provides us new language and language frankly unlocks possibilities. If we can speak it, we can bring it to reality.
That's sort of my journey, sustainability, sustainable fashion, circular economy, circular economy, transparency and traceability, parallelly crypto, plastic traceability and transparency really seeing that convergence and coming to climate and blockchain the intersection.
Awesome, as soon as we got the legendary John Ellison up here on stage from Refight Down Refight Podcast Welcome John. How you doing man? Good to see you guys
man super cool to jump on board. Sorry it's taken us a while to get our subs into gear but we are ready to flow and yeah we'd love to collaborate and celebrate all the good stuff that's going on with you guys so thanks for having me
Let's do it. You're very welcome, John. And you know, it's three 20 in the morning over here. But we're showing up 24/7 throughout the entire time trying to shine some light on some great projects. And I couldn't obviously done this by myself. We have some amazing hosts.
Shout out to Urbancaus is the main host of this one and all the other hosts. So you guys can always just check out. Oh, he's not in here right now, but we'll put him in here that if he's still upon guild, it should always be reach-weeding each of the different radio stations. We're just transitioning from one to the next.
But yeah, welcome fam. People coming up as speakers, feel free to raise your hands or just chime in. I was gonna do a max impact episode now, but I decided not to stick into the radio or bring everybody in here. And yeah, okay cool. It is up here as well.
So plastic and traceability, I haven't actually heard too much about that. I know that some people are working in Web 3 around the plastic space and there's even some talk about creating like plastic credits and stuff of that nature. What exactly are you doing around plastic traceability and how do you see that?
that evolving into web 3. So interestingly enough plastic traceability and transparency has very important lessons for the entire carbon credits face or the ecosystem space right because plastic traceability and transparency as an ecosystem in terms of
So, for example, India also has their extended producer responsibility framework wherein FMCG manufacturers also have their own