Thank you. Hi everyone, thanks for the connectivity issue.
So, just waiting and posting the new link in the twitter
chat so everyone can join here again hello everyone sorry some technical difficulties uh
Some technical difficulties.
Let's give everyone a minute or two more to rejoin,
and then we can go ahead.
We should really do that thing where we have live music.
Not live music, but we have music playing while we wait,
because it's weird just waiting in silence right All right.
While we're waiting, let's give it to...
What time would it be? Well, 1.10 a.m. my time. While we're waiting, let's give it to...
What time would it be? Well, 1.10 a.m. my time, so in like two minutes
before we start the AMA in earnest.
But until then, we can go over some quick news.
So we have a lot going on.
I don't know if you've seen but we are now the
proud first sponsor of Korean baseball team. It might sound a
bit random, but we are going to be putting quite a bit of effort
into that region to try and, you know, break into the region try
and get users projects on board.
It isn't, the Korean market isn't what it used to be,
but it still is pretty much one of the key markets of the world.
So we have a lot coming up in Korea.
We have a lot of cool things coming up in Vietnam soon.
So please look forward to that. Tom, our lovely CEO, he has a speaking slot at the very least
at Super Vietnam. So that's in Da Nang. It's a lovely beach town. And it is a fantastic place
to have a big conference because surprisingly, even though it's a smaller beach town
they have quite a lot of developers and the vietnamese government is putting quite a bit
of effort into making it the ai and blockchain hub of vietnam so lots of cool things coming up for us
um and that's just on the uh the events and kind of i guess the um stuff, right? So a lot of cool stuff.
And then, of course, there's a Hyperion launch campaign,
which this space will be focusing on.
And I do have quite a bit to talk to you about today.
So now that it is the start time,
I think the way we can do it is we'll do questions at the end.
You can either put your hand up, you can try and speak here, or you can chat, send us a message, or you can even ask in the Telegram official group, which I will be keeping an eye on.
telegram official group which I will be keeping an eye on but and at least to kick off I think
I'll be going on a bit of a rant not a rant a bit of an explainer on kind of what we're focusing on
what we've been building and what we just launched last week, which we're super excited about. So, hi everyone. My name is Daniel Kwok. I am the CCO, Chief Commercial Officer for Metis,
and I am the Head of Marketing for Laz.ai. I pretty much intro with this every time,
but the reason I wear those two hats is because with the launch of Hyperion and the new focus in AI for Metis, we understood that it's also very important to help projects that are really key to the AI industry to succeed, right?
Because we want AI-based projects on Hyperion.
So we are incubating LAS AI very, very closely.
We're sharing whatever resources we can and we need to.
And part of that is also kind of key personnel to make sure that we are filling out the team so that they have everything they need.
So those are the two hats I'm wearing.
And I actually have another AMA tomorrow with LAS AI.
We have some great guests
coming on so please tune into that as well. All right so let's get started. Hyperion what's
happening with Hyperion so we just launched testnet a few weeks back and last week Thursday
we launched the forum which is going to be kind of the center of all of the
Hyperion launch campaign. So what is the forum? If you've read Elena's letter to community it's
it's a new method of governance. It is a new take on governance. So the way governance is usually thought of in blockchain
is it's very top down. You can say it's bottom up because users can vote, but most of the time
what happens is big whales, they're the ones with all the voting power and they get to decide.
And even if users do decide, it is users create an opinion or the winning voice and then
that gets sent to whoever is controlling the network or controlling the ecosystem or whatever
it is and then it gets pushed from top down right so for example a network upgrade the team is you
know given this mandate for the vote, and then they implement the change
in a top-down manner. Now, one of the things the forum is going to be is it's a real form of like
really bottom-up governance. So what that means is we want users to discuss ideas, to iterate on ideas,
to discuss problems, find solutions,
and then potentially even come together to create projects themselves.
Or maybe you just found a good idea on the forum
and you're able to create a project around that, right?
And you can say that it's not really governance,
you're just partaking in the
ecosystem but what is actually governance right if you consider what governance really is is
yes you can say it's a systematic way of affecting change within a system right within an organization
or within a group community but at the end of the day how how it starts is a discourse of ideas.
And then as that idea becomes kind of the winning voice within that group, it can affect change, right, for the whole group.
And that's exactly what this will be, right?
this will be. So if, for example, you have an idea about, say, a feature that you would like to see
on Hyperion, or a new type of product that you think would be really helpful that uses an AI
agent. Well, through discussion on the forum, and let's say you come up with an idea or you come up with some good critiques
on an existing app or a project,
then those things could really become reality.
And at the end of the day, once that happens
and once it becomes significant enough
to actually kind of scale its reach, then what you're doing is
affecting the ecosystem and affecting the community, right? So it's looking at it,
looking at governance from kind of a different lens and looking at it as a way of, okay, so
really trying to form grassroots movements and then from those grassroots movements,
trying to form grassroots movements and then from those grassroots movements giving these ideas
the proper place and the opportunity to you know become something big enough to actually be called
governance that is one thing and then another is builders don't really have a good place to talk, I think.
A good place to kind of come together and have serious discussions.
And by builders, I don't mean just developers.
I mean, you know, anyone in the operations side of crypto or the business side or the finance side.
Whatever your career path is,
oftentimes we don't really get a good place to just kind of
call home in crypto developers yes there are quite a bit and yes on twitter you can find kind of you
know little communities and whatnot but really if for example i wanted to have like learn a bit more about crypto marketing, right?
If I wanted to figure out kind of, okay, what is the KOL space in crypto look like currently?
Maybe I'm looking at it region specific as well.
Okay, so what does the Korean KOL space look like right now?
Is it still as valuable as it was previously?
What kind of effect can I expect from it?
Am I looking at awareness, branding, engagement?
And actually to get that kind of information,
it's very, very difficult.
You can try to reach out to your industry peers. You can try to, you know, reach out to your industry peers, you can try and have
these discussions. But a lot of the times, even just kind of getting that proper discussion can
become hard. For most other industries, they do have those spaces, kind of, right. So for example,
if you go on Reddit, pretty much every profession has their own subreddit.
But the Web3 space is very, very different from the rest of the world.
Right. I've I've worked in both finance and consulting before joining crypto. So I've had a fair share of deals, dealings with different verticals and industries.
of deals dealings with different verticals and industries.
And of course, how you market and say the cosmetics industry is very different from
how you would market B2B, right?
So for example, let's say you, you manufacture manufacturing tools, right?
So then how you do marketing would be very, very different from how a cosmetics brand
But at the end of the day, they are actually closer together in terms of how you would do things
if you're trying to compare it to Web3, right?
So it just felt like there isn't really a good place where you can kind of, you know,
gather information, share information, tips and tricks,
and maybe even kind of give career path advice.
There's a lot of job boards out there already,
but it's not really a place
to have these types of discussions, right?
So that is also another goal,
a place where we can just kind of go
And with how the communities for Metis is built, which is very typical of crypto, it's focused
heavily on Telegram and Twitter and a bit on Discord. It's very difficult to have persistent
conversations on there. That's why forums became
quite popular. And that's why Reddit is also very popular. You can have, you know, kind of one topic
and a place like so a page, right, for that one topic that you can always kind of go back to,
or you can go back to, you know, check it three times a day, or if you like it, you reply to it,
and then you get a notification when someone replies to that so having these this place for these kind of persistent conversation leads to an environment
where you can actually have discussions that drive real value right instead of on telegram
where oftentimes it's you know the most recent message is the one that gets read.
And anything, you know, above that doesn't,
you know, kind of gets forgotten, right?
So that is the second goal.
And then the third goal is we just wanted to provide a place where we can, you can come find information
about whatever Metis is doing.
So we have an announcement section,
we have community campaigns, developer campaigns,
both incentivized and not incentivized,
some just for fun, some for rewards.
And of course, the hackathon for the Hyperion launch campaign
It was a bit of an undertaking for us
because having a place to host a hackathon itself
is there's a lot of different moving parts but if you add into that the community campaigns,
developer campaigns and then making sure that we can have the right narratives and the right
culture set up on the forum and then of course all the development work that goes into that.
It was a product of several different teams
We had to create a task force for it.
And we're very excited that it has launched.
It is really picking up on its usage.
To be honest, I'm quite happy with it,
especially because we're not doing,
you know, kind of paid campaigns, right?
So actually, this is something doing, you know, kind of paid campaigns, right? So actually, this is something that, you know,
I should probably make a post about on the forum.
And it's that in crypto, it's very common to do kind of paid campaigns,
request campaigns, right?
It's a bit of growth hacking.
It's a bit, you know, kind of pump up the numbers.
But it's, you almost never get real engagement from it
and trying to drive proper discussion is incredibly difficult especially once you
use places like twitter to host these campaigns because what you're doing is you're training the
algorithm to you know basically target the people who, for example, created second accounts just to go do
quests. So it can become quite difficult to turn all that around, but we're in the process of doing
that. We're seeing actual engagement, actual users coming on to create accounts. Some discussions that are starting, that's interesting.
And when things like the engagement campaigns, the ideathons, the house versus house campaigns,
which is coming up, once all these things kind of are in full swing, we're very excited
to see what can come of it.
And then, of course, there's the hackathon.
So it's called HyperHack, right?
It's the hackathon for the Hyperion launch
with the testnet having been launched.
And right now there's not really that much to do on it.
You can claim tokens, you can create wallets.
That's about it, send transactions between wallets. But with the hackathon, we're very excited to try and get some
really exciting use cases. So already, we have, I think, it was, the count was 14 applications
the last time I heard, or might have been 13.
And we expect that to grow significantly over the next week or two.
And already there are some pretty good ideas that we would love to see actually being launched on Hyperion.
We expect that number to grow quite a bit.
And for the main hackathon, we're also looking, you know, finalizing some
additional partners, some cool things. And of course, in the middle, there's going to be,
what would you call it, a hackathon-wide event. That's a bit of a surprise.
And then this time, because the hackathon is also a bit longer,
we wanted to make sure that the Hyperion launch campaign was a bit different in that it focuses
on things like engagement. It focuses on ensuring not only is the quality of the projects good,
but also that we do whatever we can to help them succeed.
And in doing so, you know, they invest more, not just in terms of money, but in terms of their time, become more a part of the community of Metis
and really just try and capture not just the market,
but the imaginations of both community and developers.
So, for example, some of the cool things that we are having is there's a spotlight campaign that we'll be doing,
for example. Spotlight campaign is for the select projects participating in the hackathon, we will open up kind of a recruitment place where they can go and find specific professionals.
So, for example, the requirement to join this would be that you have a marketer on your team.
the requirement to join this would be that you have a marketer on your team and that marketer
once they are on your team what they would be given is an excellent amount of dollars
to run a small marketing campaign with and then you will be judged on the performance of that
marketing campaign so for example we, we'll also have standardized campaigns
that you can kind of follow so that, you know,
we can kind of, you know, help these starting marketers
or these developers who are trying to become marketers,
help them learn what some of the basic stuffs
of crypto marketing is about.
And then, you know uh once the results are in
rewards are distributed based on the performance of that specific marketing campaign
so not only does that you know help the project um get some free marketing uh money but also
they can kind of get a better idea of what kind of marketing works and what doesn't especially within our ecosystem and then of course it's also a good exposure for the hackathon
itself and the menace community so a lot of these cool um smaller campaigns that will add up to
something a bit more coming up um that we're really excited about. And then of course that all culminates
in late August with the mainnet launch.
And then of course we'll have a campaign swallowing that
to make sure that the projects on board
and the community and the users
really all have things to look forward to.
I have, we have Pavel here.
He's he's the dev rel for Metis, and he is also another guest today.
Pavel, did you want to speak on the hackathon a little bit, kind of what that it's about,
what the idea thons about, kind of the timings everything, and what type of projects we're really hoping to see
Can we make him a speaker, please? Pavel, you should be good now.
Please try. Thank you. While we wait for Pavel to be approved, I'll touch a little bit about...
Sorry about that. Yeah. Hi. Thank you for the introduction, Daniel. Yeah. And I guess in terms of the hyperhack, it's the initiative for the Hyperion launch and definitely some cool and exciting features.
We want to express that towards the developer community. We want to, these types of features be emphasized during the actual hyperhack initiative, like the AI inferencing, on-chain AI inferencing, as well as the real-time nature of the transactions.
Yeah, we have a couple of bouncy categories for that. as well as the real-time nature of the transactions.
Yeah, we have a couple of bouncy categories for that. And here to answer, I guess, any questions,
I guess after we get through all the scheduled content.
Yeah, so for the hackathon um we're actually looking uh to see the real projects that are
leveraging the unique properties of hyperion right so that is the high performance nature of it that's
the high throughput low latency um That's the MetisDB.
That's the Metis SDK. Primarily, we're targeting AI projects, but also basically any project can
join. We have different categories and different tiers of prizes for these different categories.
for these different categories and um for example tier one would obviously be ai native
apps so if you're leveraging blockchain for your um for your project then of course we would love
to have you on board um and if it uses uh if it has processes that require anything high performance from the network,
Same thing with, for example, DeFi.
If you're a regular DeFi project, then of course you can join.
But if you are, say, a high frequency trading DeFi app or DAP,
And then, of course, because we are also incubating LAS AI
and LAS AI is also having their launch
If you integrate the AI agent framework,
ALITH, that's been developed
then again, bonus points.
say you're the first place winner for an AI native app, or you're just a DeFi category winner, but you integrated Aleth in one form or another, then there is a bonus prize associated with it.
with it. So a lot of different ways and a lot of different avenues and channels and paths that the
projects can partake in. And we're really trying to open it up to as many people as we can while
keeping the unique properties and the value proposition of Hyperion Alive.
Now, with Hyperion launch, like I said, there's Lazeai launch coming up as well.
So Lazeai is also going to have its own launch campaign.
Details has not been fully released yet, but it is coming soon, I promise.
Testnet is going to launch in June and the mainnet is going
to launch before the end of the year. Now, excuse me, now that puts it in great timing with the
Hyperion launch campaign because there's going to be a lot of by play between the two companies.
So please keep an eye out for that, especially if you're anything AI related or if there's a way to integrate AI into your platform
or project, then really do keep an eye out because there's probably going to be
at least one or two ways for you to partake in it, whether you join the hackathon, whether you join
one of the other developer-focused campaigns, or you even just partake in the last AI launch.
So please keep an eye out on not just our socials.
We're also going to be announcing all of these things on the forum.
Remember, the forum is also a place for announcements.
It's a place for sharing information. So take that as a hub of not just the ideas and discussions about career paths and whatnot,
but also just anything Metis that's also going to be on the new forum.
So please check that out.
And then for the hackathon, total prizes is the prize pool is set at $200,000.
It may potentially increase. I can't give any details yet, but it may potentially increase
depending on the partners that we get on board. We have quite a few interested parties looking at,
you know, becoming either judges or advisors or something to make sure that the participants get access
to as much expertise at the minimum
and at best as much awareness and reach as possible.
So a lot of cool things coming up for the hackathon as well.
For the ideathon, applications are currently open.
And basically the whole Hyperion campaign as well on our website.
That is at hyperion.Metis.io.
If you go on there, then you can check out basically how we split the different phases.
So from forum to hyperhack to, you know, we even have vibe sessions where we discuss the vibe coding and, you know, give a little bit of a workshop.
we discuss the vibe coding and, you know, give a little bit of a workshop.
And it lists a lot of the different ways that users and developers can participate.
So for example, we'll have these things called premium wallets as part of our community
campaigns as well as developer campaigns as well. Sorry. And you'll get things like discounted and free gas.
You'll get partnered perks,
which we're still trying to finalize.
And of course, this will all be encapsulated
in a soulbound token that signals
that you really are an OG and a VIP of Hyperion.
And then, of course, there's network stress testing
that everybody can partake in.
We'll be releasing the details of all these things
slowly as they come on the network.
Sorry, not on the network, on the forum.
Yeah, I think that covers most topics on Hyperion launch campaign, um, and the ways that you can get involved.
Again, the website is hyperion.metis.io.
Um, so please check that out.
And then, um, that'll also lead you to, uh, the forum and everything else.
So, uh, please keep an eye on that
now in terms of uh there's also another very important thing that we didn't i didn't mention
yet um the andromeda network upgrade uh so stage zero right um we are uh we are aligning a lot more with Ethereum.
And before the end of the year,
or at least the target is before the end of the year,
So Andromeda is still going strong.
Users, transactions, it's still going strong.
And we are actually very excited to see it grow,
especially once Hyperion really kind of kicks off. Hyperion will be the fast performance,
the high performance network that really kind of supports AI and again, things like GameFi,
real-time gaming, all these things, while, Andromeda is the general purpose network, right?
So it just makes sense that it's even further differentiated
with the upgrades to the network.
Once it reaches stage one, we'll be proud to say
that we are one of the few that is aligned
as close to Ethereum as the industry kind of gets at this point.
And it will also be bringing some performance upgrades
Of course, the performance will still be very different
from what's offered by Hyperion,
but overall it is going to improve,
especially with the improvements to the Ethereum network itself. very different from what's offered by Hyperion, but overall it is going to improve, especially
with the improvements to the Ethereum network itself. It just makes sense to make sure that
Andromeda performs up to a certain level, while Hyperion reaches even beyond that.
So a lot of cool things coming up for Hyperion and Andromeda for Andromeda, actually.
There's a few kind of use cases where we can see both Andromeda and Hyperion kind
of working together, especially if you bring in Laz AI, right?
So for example, if you have a, an AI agent that's using Alice and you're pulling data from LAS AI, you use Hyperion as the runtime layer and you get most of kind of the computation and the work done on Hyperion, right? And then as that takes place for whatever other types
of transactions that you may have for your project,
because depending on how complex the AI project can get,
you can actually have a wide variety
of different types of transactions
and paths to transactions as well.
So when you're calling for the AI agent and the data, you can ping Lazai.
And then for the runtime, it's Hyperion.
And then, of course, for the general execution.
So, for example, if you are connecting directly into liquidity pools, which are probably
going to be bigger on Andromeda, at least at launch, right? Because currently Andromeda has
a lot of users and has a lot of liquidity. It might be see some form of this type of,
I guess you could say, I guess it would still
would be cross network, even if it's still within the Metis
But if we see these kind of cross network,
what is it, processes come up in either the idea of Metis lineup, but if we see these kind of cross network,
what is it, processes come up in either the ideathon
or the hackathon, that would be fantastic.
And if not, I'm sure we'll see bits and pieces
of this coming up after launch.
I think that I went on a bit of a tangent, but that does cover most of the Andromeda and Hyperion launch news.
Now, in the beginning, I did give a bit of an update on the partnerships and marketing and a bit more on the strategic side. So I'll go a bit more into that.
So like I said in Korea we'll be focusing a bit on the market as kind of our next target
as well as Vietnam. One of the reasons is so Metis has decent presence in a lot of the key markets right so most of the time when you're
talking about crypto markets the west is usually generally lumped into just one market sometimes
you separate out the european markets as well but oftentimes it's kind of just considered West.
But overall in Europe and North America,
medicine has decent presence.
In China, we have kind of budding presence,
key areas that we thought
would be the next opportunities for
up until I think a year ago
transactions came from Korea
not in terms of number of transactions Korea, not in terms of, you know, number of transactions,
but I think in terms of volume.
even if Korea has just a population of 50 million, right?
So to put that into perspective,
US population is like 300 million.
China and India don't even need to compare.
Europe is, of course, pretty much most countries in Europe
can at least compete with Korea in terms of population.
So with such a small population size,
Korea is still very, very, I would say, active in crypto.
very, I would say active in crypto.
That also means that the average person in Korea within, you know,
obviously a certain age range and certain income level,
they are also quite active in crypto.
So with this key market where a lot of ideas are still coming out of Korea, that's not often advertised as a Korean project, but a lot of projects and ideas, especially in the DeFi space, is coming out of Korea.
It was a market that Metis is a bit lacking in.
So now we're really taking the market quite seriously.
And Korea market by nature is also very,
very keen on any kind of partnerships or dealings outside of Web3.
So, for example, the baseball team sponsoring that adds a great amount of uh
power to our brand um it's fantastic for brand recognition but also gives a lot of credibility
because the korean market is of course as with a lot of other regions korean market is rife with
with a lot of other regions.
Korean market is rife with,
Not friendly crypto projects, let's say.
I don't want to call product scams,
but obviously there are some just obvious scams.
As in, yeah, no, it shouldn't be naming names.
But yeah, there is a lot of danger in South Korea.
But on the other hand, there are that many opportunities.
There are that many scams because there's that many opportunities
and because there's that much excitement about crypto in Korea.
So to be part of you know this this exciting uh market um we're putting a lot of effort in
not just in you know sponsoring the baseball team but also um offline events uh we're looking to
partner with um with web2 companies we're looking for um proper integration of either uh hyperion
andromeda or las ai um and we're putting a lot of, I guess,
groundwork in Korea to make sure that we're able to connect
with the Korean community and developers
We should be seeing the results of that
and some tricklings of, how would you say, progress from the Korean market quite soon.
I would say this summer is when things will really kind of hit its stride in Korea.
And we'll be, of course, excited to share the news on both our socials as well as the forum.
Vietnam is also a very interesting region where,
like I said in the beginning, they're making Da Nang the AI and blockchain hub of Vietnam.
They're actually putting quite a bit of resources into it, the Vietnamese government. And there are a lot of interest shown both from Web 2 and Web 3. So
that's something that we're really excited about. We will be partaking in some of the offline
events. So for example, Tom, our CEO, he has a speaking slot at Super Vietnam. We'll also have
a bit of a presence there as well.
And we'll be looking to see what we can do in the Vietnamese region because, again, as crypto-friendly as they are,
there are a lot of opportunities for us to try and break into that market,
not just in terms of users and community,
terms of you know users and community but also uh trying to get you know um real i guess uh
offline use cases right um i don't know if you would no you would not call that offline um
but use cases kind of in the real world so for example um whether it's partnering with say, either the some form of transportation agency or company,
tourism, healthcare, whatever it is,
we're looking to really just connect with real people
and trying to provide the value that blockchain
can actually provide the regular user base.
So that's something to really look forward to.
some cool things to announce
Vietnam, so please stay tuned
bigger topics since we last talked.
So I'll be moving on to questions, both that I've received in either written form,
or if you have a question that you would like to speak, then you can always raise your hand.
So the first question from Han,
it's how does Hyperion's high-performance architecture
set new standard for real-time AI native applications?
What major technical barriers do you believe developers
can now overcome thanks to this infrastructure?
Pavel, did you actually want to take this?
So in terms of the AI inferencing capabilities,
you're able to essentially attach
within the node that can then run a,
run a inference off of the model that you would select.
The idea is that you can run multiple of these types of nodes
and then essentially have this type of robustness
that we would expect from blockchain-based networks.
So, and then the high-performance capabilities.
So, of course, the big innovation for Hyperion
is the parallelizable transactions.
So the idea of that is you have multiple transactions that can be bundled together.
As long as they don't affect the same state, then they can be run in parallel.
If they do affect the same state, then they will be run sequentially.
And all of that is essentially under the hood.
So you don't need to know how to sort between which transactions.
The system already does that.
But the goal is to, of course, allow more of that processing or transactions per second.
Yeah, and of course, the optimizations towards the actual data handling is there.
But I guess the two key features that we're right now exploring within the hackathon
would be the AI inferencing capabilities as well as the the parallelized
transactions or the the ability to, to try with with these
high performance throughput use cases.
Fantastic. And, and because I'm more of a marketing guy than
developer guy, so to throw some numbers at you,
MegaEth has achieved as its record,
I think 1.7 gigahertz per second.
Hyperion is targeting between one to two.
then obviously it will be one of the fastest networks in the industry. Now, if you couple that
with, like Pavel mentioned, parallel execution, if you pair it with Metis SDK, Metis DB,
all of these toolings are allowing AI architectures to be run easier on Hyperion with the fastest network.
So if you're looking at kind of just on the performance side of things,
it's all there in the numbers.
Of course, we're just at testnet.
We need to stress test it, but we will get there.
will open up a lot of different possibilities
This leads into the major technical barriers
that you're asking about.
So the second part of the question is,
what major technical barriers
do you believe developers can now overcome
thanks to this infrastructure?
So it might sound like a non-answer, do you believe developers can now overcome thanks to this infrastructure? So the
it might sound like a non-answer, but the technical
limitations of normal blockchain networks.
smart contracts and Ethereum, right?
When Ethereum first launched smart contracts
it really revolutionized everything um in the blockchain fields uh before nobody really did
um distributed computing the concept of distributed computing was um there for a very very long time
but nobody did it because it was slow it was you know why would you do that it's you can just build a
computer and if you need more performance then just build more computers if you need to
have it so that you have this same copy of the information somewhere else for safekeeping for
redundancy then just copy it over right why have distributed computing but because now you're able to put things on a
ledger to get trustless execution of you know of a of a process that allowed completely new ideas
forms of value creation value extraction it allowed the creation of completely new types of businesses and how we
think of a project and company and how we deliver value. Now, right now, if you look at AI, it's,
in my mind, it's sitting in the same kind of, I guess, cage, right?
If you look at AI and blockchain, how they work together right now is
AI has nothing to do with blockchain.
And the only thing that's actually on-chain is the result of whatever the AI did.
So, for example, if you look at DeepAI, AI is not really on-chain.
It's just the transactions that it does
with its inference where its output,
You have payment for the use of an AI agent
And that's really just about it. There's not actually real value being created by
merging blockchain with AI. But now that you have actual fast network that can support basically
real-time execution, and you have parallel execution, and you have access to data through LAS AI and MetastDB
and all these other toolings.
That allows companies, that allows developers and architects
to really imagine new ways of creating what we view as AI.
So again, it might sound like a bit of a non-answer,
but really it is the limitations of the speed of the network
that we're really breaking through here
and allowing completely new forms of AI to really exist.
I hope that answers your question.
Next, we have a series of questions by say my name on the Metis General Group.
So number one question is Binance has started listing some new AI tokens with Metis General Group. So, number one question is,
Binance has started listing some new AI tokens
with Metis transitioning and focusing on AI infra.
Will we have a new tag on these exchanges
as well as CoinGecko and CoinMarketCap,
something like total switch from layer two to AI?
I don't think we'll ever let go of the tag layer two.
If we can do both, if we can have both tags listed, then obviously we'll do that depending on where it is. And especially if it's, if you're
able to segregate, you know, Hyperion and Andromeda network, then of course we'll slap AI onto
Hyperion. But in general, we won't be letting go of the layer two tag,
but we will try and incorporate AI where possible.
Question number two, the forum is a great place.
Is the team tracking all the suggestions the community is making?
And is there a way to prevent suggestions from getting lost?
prevent suggestions from getting lost? Great question. So we are keeping track of the posts.
A lot of our team is actually on the forum on a near daily basis,
whether we're checking other posts,
whether we're liking reposting,
even just approving applications,
Oh, and our community mods are also going to be
a lot more active on there as well.
And then a way to prevent suggestions from getting lost.
Really, if you're really passionate
about a specific suggestion, then, you know,
sometimes, yes, I'm sure things will get lost.
So if that's the case, if you feel like it's been lost,
then, you know, reach out to a mod, right? Either on a telegram group or on the forum.
You can also post more than once, but please, please, please do not spam
post once in a while of the same idea.
And of course, if it's a great idea, I'm sure that a lot of other people
will band together around it, give it likes, reply to it.
And obviously the more popular post guests,
the more visibility it gets.
So that's that's one way of ensuring
that it doesn't get lost.
Third question on the forum,
will there be a hub for team formation
where builders can collaborate and form like-minded teams,
including developers, businesses, and marketing members?
That is my favorite question.
And yes, we will have that.
So for the ideathlon and hackathon,
yes, there is already a team formation subcategory.
I'm not exactly sure if it's launched yet.
But if it's not, it will.
you should see team formation section.
So if you already had your
application approved and you made a post on the ideathon category, then you can essentially make a following post for the team formation asking for different people to come and join your idea.
So yeah, there's that way of doing it as well.
we will also have another place where it's,
it'll be a bit like, how would you say it?
I swear my English is getting worse day by day,
but it'll be kind of like, you know, if you see movies of medieval times,
there's like this square where everybody just kind of talks at each other.
So we'll have a place like that where people can come together.
So it'll be a new category on the forum.
We're waiting for, first of all, the hackathon to fully and properly launch and be well on its, then we'll have a general place where people can kind of come together for
ideas. And of course, although, like I said,
although I recognize that there's many great places where you can find job
postings in the crypto space,
we will also have a small place for place for job postings or people to upload
their CVs as well. Or if not CVs, at the very least, just kind of put your hand up and say,
hey, I'm looking to start. So yes, that is something that we will have and something that
something that we will have and something that i'm really excited about
okay so there's a fourth question with andromeda upgrade completed when should we expect the
necessary information and tag updates on l2beat it's been a couple of days since the upgrade
but l2beat hasn't updated yet um pavel yeah so l2beat is currently in the review process. And so they're following up with questions
So we can expect the updates to happen
as soon as those clarifications are made.
But yeah, we're in contact with the L2Beat team.
All right. Perfect. All right.
I think we're just at two minutes over time.
I think we answered the questions that were, I guess, very pertinent
and the questions that were asked.
So if there's any last- questions um we are well i'm still
here technically yeah yeah and and if um if anyone here is also um part of the hackathon
that uh that is listening oh i, I think Daniel just dropped.
Oh, wait, Daniel got moved towards the listener.
But if there's anything, questions related, any type of support, team formation,
feel free to reach out to me.
If there's any infrastructure that you need let's say
deployed any sub graphs or or anything that again feel free um everyone here i i recognize a few
faces or i mean a few uh a profile pictures so um a lot of you got approved. Again, if you need help forming a team, let me know. Anything at all within that.
Mart, I guess you have your hand raised.
Yeah, just a very quick question. Actually, I have two questions at the command section.
One is regarding the technology.
So I didn't really find any details on this, but is there a possibility to actually host an Alice agent
using the new infrastructure with this VM or something?
So, yeah, you have the ability to essentially add in...
You have the ability to run the,
let's say, from the hugging face, you can take a hugging face model and you can run it within the Metis SDK, let's say you would run it in like a DevNet sort of environment,
but it's essentially acts like a node.
So the node would run the model,
which then you can use to perform different like AI based interactions.
to perform different AI-based interactions.
So I'll create a guide to show how to do it directly on Hyperion,
but you would still likely require to run that type of node yourself for that AI inferencing.
for that AI inferencing. Hopefully that... So basically the infrastructure would still
involve some kind of a centralized cloud service or eventually running on-prem, but not
in a decentralized, I don't know, hosting way. I'm thinking of replacing an Azure VM or Azure App Services with Mathis VM.
So will that be a possibility?
Because if you think about how Alice agents are currently being developed, regardless
Yeah, that's the question. Yeah, so in terms of the running the agent itself as like a centralized service,
so the goal of it is that you have like multiple of these nodes essentially running the same instance of the agent,
of the agent running the same hugging face.
running the same hugging face.
I think it's like a Moby.
You might have to see what exactly the file of that is.
But essentially you're running the same model
and then all have to agree on the execution result of that.
So it's its own version of that so that's that it's it's its own version of of that of the the the consensus
essentially so that would be like the decentralized format now of course there's other ways to do it
like with like a trusted execution environment,
ZK, but ZK is still a little bit far away from being optimal for machine learning based actions.
So those are roughly the two options,
which is like a trusted execution environment
or essentially like a tendermint style consensus of the model
that you're running. Okay, thank you Pavel. Can I ask the second question?
Yeah, of course. And this is regarding hyperhack. So my understanding was a bit different than
So my understanding was a bit different than what I have right now after this session.
So altogether, how many winners do you expect to have if, for example, the Alice is more like a bonus category rather than a standalone category that can be included there?
Yeah, yeah. so good question so the the bonus category for aleth um as as far as i understand
it'll be like added as like a supplemental um uh prize to basically all the all the submissions so
if um we're still let's say finalizing theizing the exact way that we want to reward people for coming in and using Aleth.
But the goal of it is to take implementations that have tried to integrate some of the core essentials that Aleth would have.
So currently, there was a recent update for Aleth that would enable like, for example
like Google Drive integration.
And then there was, and then the ability to,
you know, take off chain workflows as well.
So like integrating the different types of Aleth components,
seeing how like there was an attempt to use ALI framework within the, within the actual hackathon submission.
And it's using some of the core integral features.
That's, let's say the, the, the, the, the overall, like, like what we're like what we want to evaluate.
You know, if you're just,
let's say dropping in Aleph
without utilizing any of the features,
let's say difficult for us
to give like that bonus reward.
But likely it will be distributed to projects
that submit that use Aleth within their implementation.
Yeah, and I'll just jump in here.
and we're finalizing it, but
winners of prizes, right?
app category or you're the winner of the, the, the, what is it? AI native app category, or you're the winner of the DeFi category.
Then if you have Alice integrated, then we'll give you a bonus, right?
So it's, it's an add on to basically each category.
So if you win a prize, then you can add, then you can win more if you have Alice. And then we will also have a
separate Alice category. So this is completely separate from
the add on method of winning. It's if you have a fantastic
implementation of Alice that we're super excited about, it's
a great idea. It uses a lot idea. It showcases a lot of
the unique competitive advantages of either Alice or Hyperion, then you can win a separate prize.
So that is currently how things are looking to become.
The reason I'm asking is basically,
are we expecting to have like three, four major projects,
winners, or are you also supporting like,
let's say, in-house build,
small project that you're also looking at.
So it's a quite important question from the perspective of obviously,
new chain, you would like to support great already existing projects,
but are also smaller projects are on the table to support,
or it's not really the channel for them to get some,
I don't know, scaling opportunity.
Yeah, sorry, go ahead, Pavel.
Yeah, like I guess to answer the question of like,
we want to reward basically projects that come in
and directly engage with the technology stack for Hyperion.
So we want to actively promote those projects.
We want to find ways to reward them as well.
So, yeah, again, everything that we're discussing right now is, you know,
now is, you know, the goal of it is to not just give the biggest bounties to the projects
that the, let's say, let's say we're determined like the top three and four, but also like
to find ways to reward projects that also actively contribute and participate and deliver
a working functioning product that has very, very good support.
And again, like we're, we're also like thinking about like post hackathon ways to, to, to reward different projects coming into the, coming into the ecosystem and sticking around.
our strategy, we want to make sure
that we provide a good baseline,
not just for the projects that, let's say,
are the big players, but also the projects that come in
and essentially build high quality products.
Yeah, and from my perspective, and I might be a judge, I'm not too sure yet, but at least
from my perspective, and I know this perspective is also shared with a lot of my peers in the
industry, it's that crypto is really one of those places where being a big project doesn't really give you many advantages in
delivering a good product, right? So if you're a big project and you're just, you know, you're
just launching on Hyperion, then, you know, yeah, you probably succeeded. You probably have a decent
product, but that doesn't mean that you have the best product, right?
It doesn't mean that whatever you developed can't really compete.
Like in the traditional world, yeah.
Like if you're competing against Apple and launching a phone, you're not going to win.
But for us, you know, if you just wrote a great smart contract, right?
Um, that outcompetes your peers in terms of, you know, for example, the efficiency
in terms of high frequency trading, that alone can set you apart completely. So for me, I'm
at the very least going to be as impartial as I can in terms of whether it's big or small.
And to be honest, I actually would love to see as many smaller um kind of projects
start out as possible um but where the danger lies in that is like i said a lot of times smaller
teams they maybe don't have a marketer on board right and if you're going to launch a project and
you want to launch it properly then you need need a marketer, especially in crypto.
And in web3 marketing is, is, um,
one of the key pieces that you really can't do without. Um,
and it's often forgotten in hackathons. So that's why we have that, you know,
in the middle where we try and inject marketers
or at least give you kind of set cookie cutter plans
in terms of marketing so that we can help everybody
get started down that path.
So a lot of ways that the smaller projects
That was fantastic questions, by the way.
quite a bit over time now.
I think we're 15 minutes over time.
So I think we can end the call on that note.
Thank you very much, everyone, for being here today.
We're very excited to bring you Hyperion launch,
to bring you the forum, the hackathon,
and basically all that's to come in 2025.
So please, please stay up to date
with how we're doing through our socials,
which you're obviously following,
And, you know, come in, just say hi.
And if you have any thoughts
on the state of crypto, blockchain, Web3
in your chosen line of profession
um please leave a post and uh and we'll be sure to try and engage as much as we can
thank you everyone and i'll see you in probably about two weeks i'll try and have these as
regularly as i can bye-bye thank you