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HBAR Open Mic 🎙️🟢
Recorded: Feb. 26, 2026 Duration: 1:09:39Space Recording
Full Transcription
Thank you. See you next time. Thank you. so I'm going to go. Thank you. Okay then, welcome back everybody to the HBAR open mic.
Okay then, welcome back everybody to the HBAR Open Mic.
This is the space for the HBAR Barbarians to connect, to discuss news, get a pulse on the ecosystem,
spotlight builders and creators on the Terra.
And yeah, just talk about our favorite layer one together.
Patrick, if you're hearing this, I sent you a co-hosting invite.
And you know, usually this always goes the same. Patrick, if you're hearing this, I sent you a co-host invite.
And, you know, usually this always goes the same.
I sent Patrick a co-host invite.
He doesn't see it, so he requests to come up as a speaker.
And then I just accept it because I give up.
And then I get a DM from Ekwa in Discord saying,
Ivo, you got to send Patrick a co-host invite.
And I always do, but Patrickrick always just i don't know sometimes patrick and and technology is not the best match so i decided to
just uh um take a stand this time and do it right um the first time immediately so uh patrick welcome
on stage happy to have you as a co-host actually. How's your day going?
It's an amazing day. I can't say anything else because the sun is shining again. We had three weeks of rain and cold and now it looks like spring is starting and it's end of February.
It's crazy. But I can't complain because, you know, three weeks of rain here in where i live is quite long and we had a very mild winter so and i don't i i
hate snow and sometimes this morning jonas he he shared a video with where where he was working
from norway and it was blowing wind and ice and ah freezing cold this guy can't get a break he's always working in the cold so well
okay going sideways there but yeah happy weather um nothing news nothing else to say so that's it
short intro i guess thank you for asking how are you well thank you i am am well. The sun is shining over here too. It really is beautiful. It's as if spring is starting, but in the Netherlands, the weather is so incredibly, it changes a lot from day to day.
So a week ago, it was freezing. And yesterday we had 17 degrees Celsius, which is, I don't know if there's anybody who knows.
Yeah, Joe, you must know. How much is that in Fahrenheit?
I think it's pushing like mid-70s, so beautiful day.
Yeah, it was a beautiful day. And today again, by the way. So, Bob, in the Netherlands, Patrick must notice, the weather always pranks you.
It's the first time that it gives you the feeling spring might be here.
It's never the case.
So we will definitely get some cold days again,
but enjoying the weather right now.
We have a saying in Dutch, April does what it wants,
but it rhymes and sounds better in Dutch, of course.
So yeah, in April it can still freeze.
We had tomatoes freeze in April and we had to start all of course. So yeah, in April, it can still freeze. We had tomatoes freeze in April
and we had to start all over again.
So it doesn't say anything,
but usually only in the nights.
During the day, here in France, at least,
it's actually quite well.
Yeah.
And it's always when after the winter,
the spring comes out,
I notice how much the weather affects my mood
because it's just everything's nice again.'m chill and it's all good so um how's the weather
uh at your place equa hey evo patrick jordan jayman joe brandon everybody listening so good
to see you all good morning good afternoon uh afternoon. Yeah, weather is okay. We're going through a proper spring, transitioning into the summer real quick.
It gets really hot and humid where I live because it is a coastal town.
And yeah, I'm not excited for what's about to come.
The winters are the good part over here because it gets cold enough that it's pleasant,
but it never gets too cold.
There's no snow, there's no problems,
but the summers are pretty brutal.
So I'm not looking forward to it.
Right now, we're still in like a little bit of a sweet zone,
but yeah.
And Ivo, welcome back, bro.
Congratulations on your wedding. And yeah, I wish you all the happiness in the world.
So yeah, we got married last week.
And then as a surprise, we got two nights away in a pod.
So that's, you know, you have a tiny house,
but then even smaller than a tiny house is a pod.
That's what we were staying in in the forest.
So that was lovely.
And well, I got sick at the end.
So I'm doing better now.
But last weekend, I was was just I've been sick
lying on the couch other than that doing great almost already forgot that I was sick last
weekend but thanks man appreciate that yeah and everybody don't forget to like and repost space. Leave a fun comment or not a fun comment,
maybe a question or something that you saw in the ecosystem
you'd like to discuss.
You can also come up on stage to discuss that, of course.
But if you have a question or anything that you'd like us to talk about,
then let us know by putting it in the comments or by
coming up on stage. Anything goes. Well, that's not true. Not anything goes. We'd like to keep
it positive up here and as much about HBAR and Hedera as we can. We'll be sure to discuss some
news because there is some news to discuss. And yeah, if you've got anything that you'd like us to touch on, let us know.
And even if you don't, leave a comment, repost the space,
so that more people can come up in here to talk about Hedera with us.
Let's see.
Yeah.
Brandon, how have you been?
Yeah, good.
It's been an exciting week in the Hedera space for sure.
One thing that Kim Chi highlighted was there was somebody from Morgan Stanley talking about Hedera very glowingly.
We also had Track and Trace that was announced a couple days ago by the Hashgraph group.
the Hashgraph group. They're working with PWC. And it's around the requirement in the EU for
They're working with PwC.
digital passports for all items to track them through, I guess, origin all the way through
use by the consumer. And this is what I was excited about from early on around. We have
three of the four big four consulting firms that are working with Hedera. Of course, PwC is one of them. Deloitte is another. And then KPMG. When you are creating
solutions with them, they're going to take that to all of their clients. So if this is the solution
that PwC is giving to their clients for meeting those requirements in the EU. Essentially, Hedera is the solution for
that. And there's, I mean, especially with FedEx joining the council, you know, this may be the
solution there. Don't know, but it was mentioned in the press release that was put out talking about
FedEx joining the council and things along those lines. So certainly good things along that front.
We have SharkBytes again tomorrow.
I have, or we have, and this is pretty new.
I know they were talking about it in their Q&A,
but SaucerSwap last week was talking about it in their Q&A,
and they should be putting out a post here pretty
soon about V3. And the big thing with V3 is they're going to have limit orders. So it's going
to increase the functionality, make it much more useful for institutions and things like that.
You know, it's getting ready for the next stage. I'm going to do an extensive thing on that in my
show tomorrow as well. I got testing out out uh shout out to earthlings i was
playing around with their beta yesterday for their their gaming metaverse absolutely awesome
it is the coolest thing like i wanted to see if i could go off road because i didn't know if it was
going to stop me and then try to walk through a pond there's like no limits uh and i know they're
still working through some some bugs and things but i didn't see them so impressed with that um and i have a lot more so exciting about excited about the
things that are happening within the hedera ecosystem awesome and do you have some recordings
from the the adventures in in earthlings land as well or weren't you allowed to record i did i did
the whole thing so you know i have a screen record i'll be down there in the corner talking about it and that kind of stuff
it's not long it's only like a minute he never asks us anyway he just does it
i do i do so ask don't you're full of it patrick but sometimes you are so full of it i i do ask
i'm just kidding you did it once and it was so funny, but we never mind because we love Brendan.
And the way you do it, it's awesome.
So I'm just teasing you here, Brendan.
All good.
Granted, I did ask about this weeks ago, but I was running.
It was a lot of it was my fault.
I was running into some glitches and issues trying to get into it and all that kind of stuff.
But I was playing around with it yesterday and it was working perfectly.
So, yeah, I'm going to get that out there.
And there's some stuff with Legends of the Past too.
So, yeah, good stuff in our gaming space.
Yeah, it would be great if more games joined Hedera.
So, no, there was just a little bit of history there.
So, once we miscommunicated and Brendan posted something, we were like, oh oh we shouldn't have gone out yet but no harm was done of course but so you need to know a bit of the
backstory but no uh brendan we we appreciate you always uh helping us uh spread the word so no
worries we love it fast moving over here stuff in stuff out but yeah i did i think i did make a
mistake there once
But it was okay because I laughed about it and it was just fun. It makes things more interesting doesn't it?
Keep you on your test
Yeah I was just waiting you finish up there
Well great there right here and we've got some news of our own as well I was just letting you finish up there.
Well, great to hear.
Great to hear.
And we've got some news of our own as well.
Well, first, Joe, welcome up on stage as well.
How are you doing?
Is it springtime over there?
I'm great.
We're coming.
We're getting close to spring.
We had a couple of freezing days, Sunday and Monday.
But last week was beautiful. This week's beautiful, but it's been raining for five hours. I always walk during the cabela space, and I've got
a 40-minute window before another storm comes through, and I've got two miles to go, so
we'll see if I make it home try or not.
Oh, man, I wanted to post some bicep emojis,
but I'm just seeing that there aren't.
So you're getting some fists in the air from me.
Let's go, man.
That's nice.
I really expected you to say I'm always walking,
but this time it's raining, so I'm not.
But kudos yeah well
i was i was shocked like the radar and the forecast said rain for like another six hours
and i looked outside right when you opened the space and there was no rain and then i saw a
little window so i put my shoes on and took off. Adventure to the maximum.
All right, man.
Jordan, welcome as well.
We spoke a little bit on Stone Space yesterday as well.
Good to see you here too, man.
Still an H-Barberian, eh?
Oh, yeah, dude.
Yeah, of course.
H-Barber will always be home, man.
But, yeah, shout out to Joe on the walk.
I'm on the bike right now.
So I'm also going to be a bit out of breath and trying to wrap things up right around when Joe's finishing his walk too.
So yeah, I appreciate that motivation, Joe. I'm also going to be racing against the rain, but I'll just be imagining it because over here it's beautiful uh it was a nice sunny day uh i could go on a walk uh but i felt like biking today instead but i might go on a walk there today uh but yeah like
you were saying kabila or new um yeah yesterday you guys were on stone space really cool to see
that this morning dosa came in and introduced himself as well. So it's really cool to see everybody just, you know,
trickling into the cross-chain pollination.
And yeah, slowly but surely,
it seems like everybody's like being pretty open-minded,
it seems, to like multiple networks and making new friends.
And it's really cool to see.
I assume that Green Circle is for X-Meme, Neil?
Green Circle on his face.
Yeah, definitely.
Yeah, yeah.
Cross-chain representation.
That's the green circle.
Perfect.
There we go.
Now, I thought open mic.
So, mic is the mic emoji emoji and the green dot is open.
So that's what it's supposed to.
I don't know.
Wasn't that clear?
Yeah, there could be multiple interpretations, right?
It's just emojis.
Emojis say a thousand words.
So I interpret that as like, hey, everybody from XRP come in and learn about Hedera in two emojis.
Oh, that's a great one as well.
Let's go with that.
Perfect.
But you're actually on the bike outside?
No, I'm in the garage.
Oh, I'm thinking.
I'm still trying to get all situated.
But yeah, I'm just on a Peloton-style bike.
Okay, I thought you must have some mega good airpods or whatever because I wasn't hearing any wind.
Yeah, it's like blocking out all this wind.
It's like I'm flying by down the street.
Yeah, no.
I'm in place right now.
Nice.
All right, then.
So sweet.
I guess we've got J-Man, right?
You got J-Man.
Let's go.
Yeah, shout out to you, Niu.
You were on the Caesar and Buva first Ledger space yesterday, I believe, too.
If I'm not mistaken.
That's right.
That's right.
Yeah, I definitely want to echo what Jordan said.
It's nice to see people making the rounds,
you know, involving themselves in the XRPL communities and maybe a few other layer ones
as well. It's definitely the future for sure, for sure. But yeah, it's for weather wise for me,
it's sunny. It's going to be 41 degrees today. It's in the high 30s right now, but there's like probably a foot and a half of snow on the ground.
So it's kind of a mixed bag, but I'm getting through it. The winter is kind of winding down. We're getting some of these 40 degree days now.
getting some of these 40 degree days now uh so the northeast i think is finally thawing out a bit
so definitely feeling like i need to do something physical today now after listening to uh jordan
and joe talk about how active they are during this space uh but yeah things are good uh real quick
too there's a few things that happen that are just too big to not mention in regards to Silk Suite.
Tuesday of this week, so two days ago, we actually did a second liquidity injection, totaling $1.1 million.
So we have now added $2.1 million worth of liquidity to Silk.
added $2.1 million worth of liquidity to Silk. And there are two more injections coming over
the next two weeks, both of which are going to be substantial in nature as well. And Silk also
did a $10,000 buyback of the token also on Tuesday of this week. And I think the other thing that I'm
really excited about is the next thing to really kind of come out in regards to the gamification of things on Silk Suite is a trader's leaderboard.
And we're actually going to be conducting a trader leaderboard giveaway when that occurs, where the top traders are going to receive a pool of $6,000 worth of silk.
So more details to come once that's officially announced. All the
details will be in that announcement. But just some exciting stuff where we're, you know,
continuing to really cook with gas here and not take our foot off the pedal at all during this
critical time post-protocol token token launch so some really exciting stuff
excited to to hear people's thoughts on kraken kraken uh integrating um hedera evm and hts
um that that i am uh very very happy to see there's a lot going on there's a lot going on for
sure definitely man uh very glad to hear that things are going so great with Silk Suite.
Yeah, we could use some competition in the DEX space.
Even CSD said the same thing for B&B Chain, so it's good to have some ongoing competition
as long as it's not friendly competition, but the competitors are good with each other.
I think that's also important and it seems like that's the case.
So it's beautiful to see.
We can jump right in the Kraken post, I'd say.
I wanted to say announcement, but it doesn't really feel like an announcement.
I'm not really sure what the intention of the post was, to be honest, because it said...
I don't have the post in front of me, but it said something like,
we've just listed added ACS, so ACS tokens are coming to Kraken, and this is Hedera, blah, blah.
It's not a little out of order.
We already had Dovu listing.
Yeah, yeah.
You would have thought we got that announcement first
and then get the Dovu announcement
and then other tokens and so forth.
Yeah, so this is what, like you said,
yeah, like you said, basically,
we already had the Dovu listing,
so we knew that HGS tokens were added to Kraken.
And now they're saying, well, more are coming.
Well, yeah, I should hope so.
I mean, so it was really like, it's cool that they are posting about Hedera and HDS tokens.
But yeah, the order is a bit messed up.
I don't know what you guys think about it.
I think it's good. I think it's good.
I agree.
I think it's amazing.
Yeah, we don't have to guess anymore.
We know that there's going to be more support coming.
I am curious about what, you know,
this support for the smart contract service,
what does that mean?
How does that work into a centralized exchange,
all that kind of stuff?
But yeah, my main takeaway is just, you know,
excited about additional tokens being supported. Yeah, I almost feel like it's an invitation, Brendan. You know
what I mean? It's basically saying, hey, you know, we're going to support Hedera. We're here for it.
And, you know, it definitely got my mind, you know, the gears in my head turning. I'm sure it
did with you as well.
Yeah, they're just being a little bit more public with it. But yeah, the order is a little,
yeah, it's definitely a little bit out of order here, for sure. But still really bullish to hear.
And, you know, it also tells me to that it's popular to to mention Hedera right now. Like, that's another thing that it speaks to me on.
It's a little bit of an engagement thing there as well.
So yeah, all around a very positive thing to see.
I will jump in here for sure.
Yeah, Kraken has been mentioning Hedera
and showing support to the retail ecosystem as well
with the Ghost Post, with the Kraken cap.
And right now, the order is messed up.
But I do want to say on that front that a lot of the other people
or people from other chains, they don't really understand
the terminology of Hedera and how everything works.
You know, like saying Hedera, EVM and HTS,
they might think that there are tokens on Hedera
that are using like an EVM type of service
and the smart contract service
and deploying themselves as well.
So yeah, they just like basically for them,
I see it as them saying that Hedera DeFi
and tokens on Hedera are coming soon to Kraken.
And we know that they already have the support
for HTS via Adobe.
And if they're integrating everything and making these on ramps like more accessible for all
the other tokens right I think it's really really bullish for sure yeah it's probably saying EVM is
pretty much saying that they'll support our ERC20 tokens and things like that and then the HTS of
course is is all the tokens that are built on the native layer so it's a good point yeah i understand i think that makes sense and i i
love what you said about it uh jim and it does show indeed that it's um um interesting to talk
about head there up because there's engagement and and it
seems it seems that they recognize it so that's that's great to see and yeah I
can't wait to see what what other HTS tokens will be listed there I think it's
just well we we didn't see a big response in terms of pricing for the Dovu token,
but that's completely fine.
Maybe it's even better.
I guess I would prefer more HCS tokens to be listed on Kraken in this environment,
to be prepared on the next run, the next bull run, next all season or whatever,
to have the tokens listed there and then for them to be available to the broader public.
But that's probably healthier than listing them when sentiment is really high
and then unnatural pumps happen as soon as they launch uh on crack in and then there's
a dump again um so this is um yeah in that sense i like the timing i don't know if there's uh
anything you you guys like to add on that um jk you've got your hand up go ahead man hey gm guys
how is everyone?
Doing well, doing well. How are you? Did you want to jump in on this topic?
Yeah, absolutely. I have a question for the panel, all the projects.
What are you doing to open negotiations with Kraken about launching your tokens and how are you distinguishing yourselves among your competitors with this EDM HTS,
you know,
explanation for new people
coming into the ecosystem?
Unfortunately for the saucer swap hat,
I can't comment on that one right now.
Boo. No, I just see it as something going on.
Neither can I.
I'm in Brendan's camp with this one.
Yeah, a lot of those.
But yeah, it'll be interesting.
Any projects that you really can't talk about,
you can't talk about those things until they launch.
So that's the
tough predicament that so many people on hedera are in right now um and really you're not even
supposed to hear it through the grapevine so everything should just be speculation on what's
next okay just but guys just let me add this jk took the effort to come up on stage and ask a
question so rather than just saying i'm not going to say anything about it um then don't say anything
specific by jord token but maybe add a little bit more about what um just some general
great great idea go ahead camilla Great idea. Go ahead, Camilla. Sure. Okay. Fine. I'll start and then I'll toss it to Jamin because he's got his hand up as well.
First of all, there's no competition in this.
So it's not like there are five slots to fill and we got a race for them to be filled.
It's the more the better.
And if anything, it's the opposite of a race because the more tokens that are listed,
the easier it gets for other tokens to be listed as well um so no competition in that in that sense
is more of a collaborative effort i think um and yeah it's it's it's more i think it's more an
internal process to see if you're ready to have your token listed on on such an exchange then um kind of um going
back and forth with the exchange to make it happen um at the yeah like i said for the first token
especially that that that's definitely the case you know uh they had to have add uh their token
service one that's that's added now then of, they will want to list some HCS tokens.
From there, the question is, okay, is there a listing fee?
If so, how big is it?
Can we afford it?
That sort of stuff.
So I think it's more an internal process.
And, yeah, well, those are my thoughts.
And now a lot of hands are up, and I'd like to pass it back to JK because it was his question initially.
So go ahead, man.
No, I appreciate it from everybody putting you on the spot.
But I think we as a community have a larger obligation to educate a wider market that's coming in through these central exchanges.
market that's coming in through these central exchanges. And so it would be nice for the
projects to educate the community more going forward in the future. Yeah, I'll go ahead and
jump in. I mean, just showing value for your token, what you're doing, all that kind of stuff.
So, you know, the stuff J-Men was talking about with SilkSuite before, you know, they're injecting liquidity with SaucerSwap.
I'd say just go to the SaucerSwap.
The SaucerSwap, I'd say just go to the SaucerSwap buyback page,
talking about the other tokens that are listing on our exchange,
that kind of stuff.
It's just showing value.
Same thing with Earthlings, you know, with their Steam token,
the value of being able to participate in their mini games
like Steam Runner or their soon-to-launch token.
It's just showing soon-to-launch gaming metaverse.
It's showing value of the things that you're building around your token,
why the token has value, and so forth.
And you're absolutely right.
It's exciting to see because we're going to be exposed to,
or the tokens that get listed on Kraken are going to be exposed to,
a lot broader audience.
And we do have what I consider some of the best applications in the Web3 space.
So some of these games that Earthlings has out and coming out or I mean, we have a world
class social media platform in Galaxy, things along those lines.
I don't think we can overstate how great the building that has been done within the Hedera space.
And you're right.
We need to communicate that.
Love it.
I see a lot of hands in the air.
I feel like this is a topic we can just talk about.
If it's not necessary, then I won't go to hands.
Just see if the conversation can flow.
And yeah, yeah, no, real quick.
A great question, JK.
Great question.
You know, I think one thing that, that it's opened the door to for me is just having a
talking point to bring up in, in, in other spaces.
Like I brought up the Kraken announcement in the Caesar and Buva space yesterday.
I brought it up in Stone space today.
You know, I view that as one of the, you know, kind of more immediate impacts of that post.
But I do think that if you're part of a project that hadn't been thinking
about it before, it forces you to, it doesn't force you, but it highly likely causes you to,
you know, think about, you know, Kraken and other tier one exchanges as potential opportunities.
It's basically saying, you know, we want you is kind of what I took away from the Kraken post in a very general sense towards, you know, the protocol tokens and, you know, even some of the top meme coins.
You know, I'm sure it's got gibb you know saying hey wait you know should
we should we look into this i i would surmise so just on on this is just me speaking now um you
know so i think it was a very productive thing for them to do and also real quick too i just wanted
to uh reinforce what new was was saying i actually think what happened with Dovu is great
because now they're positioned there, you know, for the next wave, any sort of like a speculative
price action has kind of gotten out of the way. I think there's value to people getting tier one
to people getting tier one listings during a down market.
I just wanted to echo that big time new.
I totally agree with you.
Like now is actually the time for projects to want to try to get that type of exposure
so that they can kind of slip in.
So when the real substantive, I'm not quite sure how to pronounce the word,
hype comes in, that on-ramp is available and you don't necessarily need a hashback to gain
exposure to the price action of that project's token.
Yeah, from a general listing standpoint, before people run into their favorite projects,
Discord, and start saying Wind Kraken, what really it comes down to is high, high volume.
Kraken probably understands that we're a lower volume space right now, so there's probably going to be some leniency on that.
But the teams, to get listed, they have to have a hefty budget.
They have to have a hefty budget to add the liquidity to the CEX.
They have to be able to pay a market maker. And typically, a cheap
market maker is for that level, cracking level, it's probably 10 grand a month, maybe a little
less. So there are a lot of things that it takes. You can't just say, we'll pay you to be there
because you have hts
so it doesn't work quite like that now that's great insight i appreciate that on and everybody
from the panel and i would like to see you know these projects be associated with gen infinity
and these media outlets and do some interviews.
and these media outlets and do some interviews
Definitely, man.
Brandon is reconnecting.
Looks like he had some technical troubles.
Yeah, they're always a good time,
G-Infinity.
I've probably got five videos with him.
And he doesn't even have to ask if
Ryan says there's a space, he knows
I'm there and I love that about him
100%
so yeah, I hope
this answers your
question JK and
definitely as Joe was saying
and that's
what I was getting at as well there's more
to it and it's um uh yeah every project has to see if it's feasible or doable for them to be
on such an exchange because it does come um uh do you want to do you want me to make a wild guess? Sure.
I'll make a wild guess that Kraken doesn't list one at a time,
that they do so in batches next round,
where there's, this is completely a guess,
where there's two or three or even maybe up to five that go live,
if not simultaneously, you back to back to back
to back so and that's what i would like to see um there's there's enough money on kraken that it's
not going to take away from any one of the brands but if they list you know two three four five
tokens that are from different market segments,
I think that would be huge
and the
message would travel a lot further.
Yeah, I agree on that. And I think that extends
what I was saying about this actually
being in a nice market, a timing
and market environment to
start with those listings
to avoid big bumps and dumps just flying a little bit of stealth mode actually
and i think that yeah that goes here as well so um listing one at a time is basically leaning
into that look this token got just got listed, APIN,
versus listing multiple, that's more of a message saying,
hey, look, HTF tokens are being listed,
we're supported now, we're ready for the next wave,
for the next run, we are here.
So I think it's a different message,
and I agree with you that it will be better to do batches.
Yeah, just really quickly, that's kind of what I got away from it, Joe, too,
is like the vagueness and the wording of that message really did make it sound like there's going to be batches to this.
And really quickly, and correct me if I'm wrong here, if anybody knows,
but I believe to be able to be listed on Kraken, you probably have to have, like, a legitimate business entity.
You can't just be some anonymous dev.
Yeah, you can't even apply without full KYC.
Exactly.
Before they'll even take your application.
Yeah, they'll just laugh at you.
They probably won't even acknowledge your application.
It's not a legitimate business.
And, like, KYC docs to at least the exchange.
So that's one thing to note in terms of like teams you're looking for. Like I'd imagine,
you know, SilkSuite, SoftwareSwap probably wouldn't shy away from that.
Not sure though, and obviously not penance with advice.
No, I appreciate everybody responding. I just wanted to put you all in the hot seat and start to get you to think about it a little bit.
I don't know, you know, like get out of the comfort zone and start responding to a larger ecosystem because I hope it's coming.
We all want it to come.
I promise you, JK, all these teams up here that, you know, have tokenized businesses, they're laser focused on it for sure.
Yeah, 100%.
Just wanting to talk about it this morning.
I appreciate everybody's responses on it.
Thanks for the question.
I think you did great.
Yeah, it's a great question.
You got everyone mingling in.
This is what this is about. It's a great question you got everyone mingling in this this is what this is about
it's a great topic thank you hey that's better than when we go sideways on the weather so it
was amazing thank you who does that give me a name i i'm guilty of it too, Patrick.
Oh, yeah.
That's part of being a friendly space.
I'm too nice to tell people to shut up.
So if Patrick goes sideways, I just... He knows he can.
He knows he can.
But now we've got Prison Markets on the stage as well.
Welcome.
Who have we got behind the mic?
Or is it just Prison Markets on the stage as well. Welcome. Who have we got behind the mic? Or is it just Prism Markets?
Yeah, thank you for having me.
Those who don't know me, my name is Ethan,
and I'm the co-founder and CEO of Prism Market,
the first decentralized prediction market built natively on Hedera.
I just wanted to take this opportunity to let everyone know
that we have officially
launched our first round one of our I&O, launching our most exclusive NFT tier.
So please feel free to come join our Discord and ask us questions or follow up on our,
read up on our documentation.
And if it interests you, please head to Head Starter.
It'll be live to the public in roughly like three hours now,
currently only open to the allow list,
but yeah, that's all I wanted to say.
Hey, I had a question for you the other day with Brandon Space, but I was having connection issues and couldn't get on stage.
Thank you for bringing our prediction market to Hedera. I love prediction markets, but I do have one question.
I know that you said there are certain territories that may have to be blocked, and I'm assuming that the U.S. may allow prediction markets with some regulations.
Are you guys structured to adapt to the U.S. requirements if those come?
Because I'm assuming it's going to be one of your biggest markets.
Yeah, that's a really good question.
And I guess I don't have a direct answer, but the best answer...
I think we lost. Sorry about that.
I thought it was me too.
So to answer your question, the way our architecture is designed is to be globally accessible to everyone due to our decentralized and non custodial nature. Now we are planning to be compliant in as many jurisdictions as possible.
And there may be some jurisdictions that we will have to geoblock.
But since our smart contract will be open source, people will still be able to access
our markets and interact with our central limit order book that we will.
Available to everybody.
Hope that answered your question.
Yes, are you?
I don't have to answer this, but are you US based or not?
The development company will be you based in the UK.
OK, perfect. Thank you. Yeah, no problem. company will be based in the UK. Okay.
Perfect. Thank you. Yeah, no problem.
All right, then.
Any other questions
for the prediction
market on it there? Are there any
specific
predictions that you guys would like
to get into?
Or maybe, Ethan, you've got some ideas of where to start yourself?
Yeah, so we want to virtually support every single type of market.
If you go to testnet.prism.market,
you'll be able to see the testnet version of the protocol live right now and you'll see some pre made markets that will give an idea of what we plan to support. But the only
restriction that we have.
Is that we have to have a decentralized resolution source?
Of course, due to being decentralized, we can't be the
ones deciding the outcome of what each market,
what the results are.
So we are kind of tied to our Oracle providers, but as long as they can support that market,
we can have anything available live for trading.
Oh, that's cool.
Okay, so they're actually Oracle providers specifically for prediction markets or are
those kind of like the same for sports betting websites or what's that like?
So the current Oracle providers that we have access to that support Hedera is Chainlink
and Supra.
So we'll be working closely with them.
And it's good that we have more than one option.
So we can all have two different sources that we can go to depending on what our community
wants to see.
In the future, we do plan on exploring more options to integrate
more vetted, decentralized resolution sources. But those are the two options that we will
have at the inception of Mainnet currently. Brendan, go ahead.
Yeah, Ethan, I had a quick question.
So you said that your smart contracts for these markets are open source.
So similar to what we see with SusterSwap,
there can be teams like Origin that build and use us as a liquidity
layer, and they have their interface to be able to interact with our smart contracts. Is that
kind of how you're thinking about it? And, you know, obviously your app or your website would
be certain people participate. Are you asking other developers
to interact with your smart contract?
Is that kind of what you're looking for?
Yeah, so it'll basically work how you sort of described it.
But I was just mentioning that even if we do have to
geo block a certain jurisdiction.
Since the market IDs will be public
and our smart contract will be open sourced,
users will still be able to figure out
a way to participate in the markets.
Since we're decentralized and non-custodial,
we don't have to KYC our users.
And so virtually anyone will be able to still interact with the protocol.
All right.
Seems that Brandon dropped down again.
Some issues with joining the space from the car I guess
but Ethan I'm
also curious about the
INO and specifically
could you explain
well what the
an INO like why does a prediction market
need
a token?
And yeah, so what can people expect from the token on the market, on the platform?
And what will be some reasons for them to join the INO?
Yeah, so the current competitors that exist today in the prediction market space are quite centralized
in the way that they can conduct their operations.
And so our goal was to be fully decentralized and add another tool to DeFi on Hedera.
And why would you want to participate in the I&O because you'll have exclusive perks and utilities that will not
be offered to anyone else.
So the current tier that is being sold is our diamond tier, which is the highest one
with the lowest supply.
And it has the highest token allocation for it and the highest prism points multiplier.
If anyone is familiar with how Bonzo Finance works,
if you hold one of their NFTs,
you get a multiplier on points.
It will work a little bit different
on considering we're a prediction market
and not a lending and borrowing protocol.
But every single position that you have, even if it's a winner or a loser, will make you
eligible to receive points and these NFTs will give you a multiplier on those points.
And on top of that, we will be giving exclusive Discord roles to our diamond holders along
with exclusive faucet access with multipliers on that as well
all right then thanks man i appreciate you coming up on stage and
i had a little bit about your project guys feel free feel free, of course, if there are any more questions
to ask them. Let me quickly check the comments as well. Maybe people are looking to participate
from there, which is of course more than possible. That doesn't seem like it. Just some fun comments.
If you haven't already, then of course, make sure to repost the space and like it
and leave a comment.
Jordan, go ahead, man.
Yeah, really quickly, a question for Prism, if that's all right.
So I'm still trying to wrap my head around how NFTs and a token play into a prediction
market.
Beyond the points, is there anything that like token holders and NFT holders could
look forward to?
Yeah, thank you for answering that again.
As soon as I finished my answer, I realized I didn't touch on the most important parts,
which is why would we have a token?
So the idea with our governance token is to give our community and token holders more
control over the protocol. We will have a DAO and the scope is outlined in our documentation.
But just to give a brief overview, token holders will have direct voting rights on where our
liquidity rewards will go.
Of course, we'll need liquidity, we'll need to offer liquidity rewards for market makers
to help keep our markets
liquid. And also dictate on how we manage our Dow Treasury and help tape on where we
take the protocol. And on top of that, we're creating a circular economy around our token
and our protocol. But we'll have a fee switch mechanic
where 25% of all protocol revenue
will go directly towards token buybacks
and distributing that to our token
liquid staking holders.
So yeah, there's a lot more information
in our documentation.
So I encourage to go read up on there,
but that's the most simple overview.
Awesome, thank you. Yeah, I'll definitely look more into it.
All right then, looking forward to do some predictions myself.
About when do you think the platform can go live?
Right now the testnet version of the protocol is live for anyone to go in there and test
our core feature, the smart contract.
We plan on going live on mainnet and in Q3 of this year.
So my goal is to be live sometime around July, but of course there is quite a few more core
features that we need to develop. So we're giving ourselves a few months buffer to make
sure that we can iron out everything and make sure the
protocol is as secure as possible because as we all know security needs to be the top priority
when building a protocol especially when there's a smart contract involved that manages funds
definitely right sounds good, man.
Thanks again for coming up.
And if there's anybody in the audience who's thinking, hey, I have something to share as
well, feel free to come up on stage.
We're coming up on the hour.
We do have some Gabela news as well that we announced yesterday.
For those who haven't seen it,
we basically announced a second arm of Kabila.
So it will be under the same company,
but we'll have a completely different name,
completely different name, different branding, different logo.
different branding, different logo.
So the last two years, we've been doing some contract development work as well
because we do have a pretty, well, not a pretty solid,
we do have a pretty great development team
that's specialized in mostly building on Hedera and with AI.
From building in the last four years and the last two years.
We've been doing some contracted development work for Hashgraph as well
and a couple others too.
And well, we're noticing that in the current climate,
while retail is still kind of sluggish, a lot of businesses and corporations are looking to integrate blockchain and AI within their companies.
So we decided to focus on that as well.
So yeah, the second arm of Kavila is called Bravalta.
arm of Kabel House called Bravalta.
It operates under the same company
but with a different vision
and basically completely separated
from the DJI side of Web3
and this will be business to business.
I'll actually attach the post
to the Jumbotron as well
that we shared yesterday.
It's the same team and the same company.
We'll also use KBL on that side, so on the Brevata side.
The name KBL really refers to Kabila, of course,
of course, but there won't be a new token or anything.
but there won't be a new token or anything.
We'll look to incorporate KBL on the Brevalta business side of things as well.
How exactly that will turn out, we'll still have to figure out.
But I'm sure we'll find some suitable ways to incorporate KBL on that side as well.
to incorporate KBL on that side as well.
And yeah, we announced like about two weeks ago,
a partnership or actually we joined the Myka crypto alliance.
So to make sure that we're always up to date
with the latest regulations and not just for ourselves,
but also for the projects that launched with us.
We want to be able to give them the best advice
on how to be sure to do everything by the rule book,
and also prepare for when certain rules start applying.
Because sometimes you'll be able to actually navigate and prepare yourself for
when some new rules hit the ground and you're actually good to go. So yeah, those are our two
two announcements from the Kabbalah side and yeah the Brevato one is freshly new this from yesterday and we're very
excited about that uh for the for the development team as well it's um um you know to to keep
focusing and pushing on a retail platform um while uh the uh the retail around nfts
you know it is what it is there's some traffic, but NFTs are still not really back.
So especially for a development team,
it can be hard to stay motivated and keep pushing.
So it's nice to alternate that with some business-to-business work,
you know, agreeing on an assignment, sign the contract,
delivering the work, getting paid, moving on an assignment, signing the contract, delivering the work,
getting paid, moving on and closing things off.
That's a different dynamic.
Yeah, we're very happy about exploring that as well.
So yeah, just wanted to share that.
Yeah, if there are any questions, feel free to ask them.
If not, that's also fine.
And we're coming up on the hour so
if there's not anything else that you'd like to discuss maybe there's some news
that we didn't touch on yet I'm looking at Brandon when I'm saying this you
join with the the personal account instead of Southwark Pops so there might
be a reason for that I don't know no i was just having some uh technical issues on my phone so i don't know if you guys can hear me
all right i'm i'm joining from my computer um but yeah i mean i already covered most of this stuff
uh i think the rest of the panel up here has hit most of the other stuff, but yeah, exciting times from the integrations from Axelar, the stuff that's happening with TrackTrace.
I'm really excited about that.
And also HBR continues our HBAR-backed ETF continues to add.
That got picked up by a crypto media outlet that it holds 1.3% of the circulating supply. It's a
little bit less than that for the total supply, but those two numbers aren't too different. But
that's another thing that I'm going to touch on depending on how things move as far as volume
flowing into assets under management for that ETF. So yeah, good stuff.
Yeah, I don't know if Neil was talking.
I think you're muted, Neil.
But I'm going to jump on the back of that.
I definitely want to give a little shout out to everything going on within the retail ecosystem as well.
Jordan and Lenny have been doing giveaways every single day for the ascii holders that's always fun uh and engaging way uh to do things for the holders
wild tigers and maui have been cooking up a lot of things in the back end uh yeah wild tiger
dot world is where you have to be you can create create your own profile. There's NFT barter system going on over there
where you could swap one NFT to somebody else's NFT.
Yeah, and a lot of social elements going on over there.
Other than that, we have an interesting launch today
of another set of NFT and token-related tools by Slime.
That's Dave Heftysamich is his personal account and Slime is the project.
They have their tools going live today and they have a mint ongoing right now on Centex.
Yeah, other than that, nothing comes to mind but yeah, there's a whole lot of spaces just
directed towards communities
uh and hanging out and there's a new late night space in town uh hosted by darren and xraptor
darren is the founder of escobar the meme and yeah those places have been hella fun there's a late
night 10 p.m eastern Eastern from Monday to Thursday so
yeah HBAR is going strong with the spaces there's a space every Monday to
Friday at 11 a.m. Eastern and there's a space HBAR space every Monday to Friday
at 10 p.m. Eastern we're also taking over the 3 p.m. Eastern slot with Monday
being the silk suite space Tuesday being a cross-chain
space hosted by JManlADH and Ascend. I see Ascend in the crowd as well. And on Wednesdays now,
it's a Gibbs space at 3 p.m. Eastern. So yeah, going strong with the spaces HBAR community and
I hope we see more and more people join the Spacehost crew.
More and more people keep coming up on these spaces and keep sharing what they're building
because there's a lot happening within the retail space as well.
Yeah, and it's really good to see all the support we have been getting for DeFi on HBAR.
It's been a long time coming.
The infrastructure has been ready for a few years now, or definitely a couple years.
And it's really good to see some more inflow and some more attention coming to the DeFi ecosystem on Hedera.
Yeah.
You said the Silk Suite or the last three spaces you mentioned, you said they're at 3 p.m. Eastern?
Yeah, 3 p.m. Eastern.
Yep.
Are they the same ones?
Monday, Tuesday, and Wednesday.
And that's the same time as the meme job spaces, right?
Or are some of those the same?
No, I don't think I mentioned the meme job spaces.
Brandon spaced with meme jobs Monday at 3 as well.
I got you.
Hey.
Right.
So I think there is a clash of times on that one for sure.
But yeah, I feel like we're a small community.
We can always work those things out, you know?
But yeah.
Of course.
Freaking awesome.
Yeah.
All right, then. I didn't know
about the
GIP space
by the way
is that
from the
GIP team
or from
yeah
so it is
it is hosted
by PG
but it is
from the
GIP team
like I think
Alpha and
they don't want
to be doing
this
they're outsourcing
the work
you know
for people
who are more comfortable in spaces and want to take up the work but yeah i feel like pagey
and hydra have been killing it they're sponsored by the gib team they're giving away like the first
two spaces they've given away 30 000 gib in each of them and yeah led and alpha did make it to the
first space but yeah they conveniently missed the second one because maybe they don't want to be there.
Let's see. We'll fund them later.
Awesome. All right. So we're going strong with spaces indeed.
I think that this is a good moment to close it off. J.K., you opened up the mic, but I talked through you.
Is there anything you'd like to say before we close down the space?
We're growing by every metric but price, and the latter will follow.
I'm bullish.
That's the best way to say it.
Absolutely the best way to say it absolutely best way to say it ekwa you're a co-host man uh you don't need to put up your
you said you said you were gonna close the space so i was like okay maybe if it's not urgent i'll
take another minute you know i did want to give some updates about the spirits of ayahuasca nfts that are currently minting on kabila but yeah that mint is going
to close by this weekend so by this sunday we're going to close the mint and the rest of the nfts
are going to be distributed uh in a fun little way that we've been cooking up uh but yeah uh
this is the last chance to mint if you want to get your hands on
the spirits of ayahuasca nfts they're multi-file nfts so you get a animated video in there as well
they're minting right now on kabila uh yeah check them out uh yeah it's the kind of art that will
speak to you but what we are doing uh with the rest of the artwork is that we're 51% sold out. So like around 170 NFTs out of the 333 have been picked up
for the rest of them.
All of these NFTs, they're going to come with an airdrop
of the Syktera token.
We're going to close the mint, make sure all the holders
and all the people who mint it are going to be given the airdrop
within the next week.
This token has already been distributed to the
holders of our previous collections as well and the rest of the pieces we're going to
make it so that they're mintable using the Psyktera token. Yeah, we're going to do that
in a way that if you're minted a couple NFTs from this collection, then you'll get enough
of the Psyktera token to mint another NFT.ft so yeah we really wanted to get the art out there
uh yeah it is not it is not uh priced too heftily it's a 88 h bar price point on the public but yeah
we still wanted to make sure that everybody who did vibe with the artwork does like it they get
a chance to get some more of these pieces because each of these pieces is unique they're all in a way one of ones with similar
kind of vibes and abstract ideologies behind it so yeah do check it out if the art speaks to you
do mint some for every two you mint you're gonna get enough psyktara token to mint another one
in the coming weeks but yeah we want to make sure that all the art is out there for
everyone to enjoy.
Thanks, Neil. Let's go.
Yeah, thank you as well, man.
Right, I think that's it.
We'll close down the space.
Thanks, everybody, for tuning in.
It's also great to see some greenery in the audience as well Jim Jennifer and
and corner an expert X RPL yeah great to see yeah we probably sort of met in yesterday's coffee with
crypto space by by stone so we're good to see you guys here too. And all the other listeners as well.
It's great to see so many of the familiar names.
Yeah, seeing Mark Duvall, Jack Diamond,
Gawky Hair, Honkbot, Postmaster,
X-Raptor, Hank, Chris, Escobar,
all legends.
And yeah, thanks for being here again.
And then we have Mike as well.
Great to see you as well.
I would definitely recognize that face.
You've been here before.
So thanks for that, man.
Same goes for Nelson and HBAR Prime.
So yeah, we'll close down the space here.
Thanks for joining again.
Thanks for everybody up on the panel
for tuning in and making the conversation.
Have a great rest of your day.
We'll see you guys next week.
And yeah, have a good one.
Bye. Thank you.
