Thank you. Thank you. Hello everyone, welcome to another exciting episode of X-Spaces here on Satoshi Club.
And today, I'm really excited to have you all with us.
It promises to be educative and entertaining as always.
So today we'll be having the incredible team from Varner Chain.
And I'm thrilled to have you all here as we dive into the world of Varner,
a groundbreaking layer one blockchain that's pushing the boundaries
of AI integration, scalability and reward adoption in industries like gaming and entertainment.
So I think we have our guest with us already. Yes, hi. Yeah. Hello, Jawad, can you briefly give us an introduction of yourself, how your journey in Web3 has been so far and how you came about Vino Chain?
Okay, first of all, thanks for having me. So I'm Jawad Ashram, I'm the CEO of Vino Chain.
So background is that, you know,
our chain's been around for a few years,
but initially when we came into the space,
we were a company called TerraVirtua,
which then eventually became virtual.com.
So we've been in the space for a while.
And one of the reasons that we created this blockchain,
VaynerChain, was because we were dealing
with a lot of companies and a lot of brands
when the NFT marketplace,
And every time we went to the corporates and the brands,
we'd end up giving them the metaverse and the NFTs.
And when it came to the blockchain integration,
that's where it became a bit of a nightmare.
We were trying to integrate stuff like Tezos and Ethereum and Polygon
and all sorts of different blockchains.
And every single time there was some layer of problems that they had.
So we were dealing with like Disney, Warners, Legendary.
We did Godzilla versus Kong.
You know, we were on Stephen Colbert.
You know, we worked with Universal.
We worked with all the brands.
And it was a constant headache.
And the headaches were something that happened over and over again.
So off the back of that, eventually we thought, you know what, we have a large tech team.
So let's just really start engineering a team, learning from all the issues that people have.
And so then we engineered VaynerChain and, you know, we just ticked every box that we had when we came across the corporate.
And that's really where we birthed the blockchain itself.
So since then, you know, we've had a lot of traction, a lot of different users, a lot of use cases, work with large enterprises around the world.
We're one of Google's actual partners, not just like we've hired, you know, we run Google Cloud and you're a partner.
We're actually a true strategic partner globally on Google Cloud.
And we work with lots of other big brands.
So that's sort of us in a nutshell.
And myself, I've been running technology companies since I was 23
and exited over and over and over.
And basically every single time I was interested in pushing the boundaries of future technology.
And that's really what we're doing with vaynar you know it started off as a blockchain but it's
adding loads more stacks on so it's becoming a technology stack for all of web3 because
blockchain is only one piece you know there's so much more in web3 that needs to come together for
it to be adopted by more than our little community of money going around in circles
by more than our little community of money going around in circles.
Yeah, totally, I agree with that.
It's always interesting when one can establish whatever issues are facing the community and
the Web3 globe in general.
So that seems like one of the inspirations, or the major inspiration if I would say that,
that brought about VaynerChain.
So that's quite impressive from you on your team, Chawad.
So that brings me to my next question, which actually you've sort of answered partly,
but I'm still going to ask the second part, and that's how does VaynerChain focus on AI integration and reward
adoption in sectors like gaming and entertainment for instance and what
makes it stand out from the rest of the competition? The thing is we've gone
we've gone a lot wider than that you know remember we came from gaming okay so we
understood a lot of these things very very well but when we launched vainar the
idea was never for the changes to be a gaming chain it was going to be something which is
adopted by multiple companies across the board you know and um you know when you talk about
an enterprise you know a large web 2 enterprise or you talk about web 3 companies the problem with
web 3 companies is that they don't have enough adoption you know when they bring out apps and
dApps and they go ahead and try to bring out products they can't tap into that 90 percent
of the audience that just don't know who they are or find them too hard to use and then you've got
web 2 companies who simply just don't understand Web3.
And that's actually what we did with our chain was try to make it that bridge.
So when we talk about, you know, the use cases for it, you know,
the blockchain itself is basically a very simple,
understandable blockchain from a business point of view that's green.
And it has fixed tiering when it comes to transaction fees,
because transaction fees are one of the biggest headaches when it comes to transaction fees because transaction fees are one
of the biggest headaches when it comes to any web2 business and um it also you know has it deals with
things like speed and one of the things that we did which was really important which I think is
lost on a lot of blockchains at the moment is we had to do it as an L1 and we did it as an EVM L1. Because if a company is going to adopt your technology, right,
it's not going to be down to how amazing or new or innovative it is.
It's like, we're web two, can we get across to web three?
And can I have employees who can make this?
And are there enough developers in the world to do this?
And when you talk about EVM-based chains,
they've got more developers than anyone else.
Now some ecosystems are exploding more,
but up until the Pormi launched a chain,
and even now there's more EVM-based developers
than most developers in the world.
And when you've got a company and they adopt Web3,
that is a key thing for them.
So you have to fix problems.
You know, like you mentioned, what do we do?
You know, Vayner provides a blockchain.
Now it's Neutron, which is like a data processing layer,
which actually does more than just put stuff on the blockchain.
It puts information into the blockchain.
And we've got some other products that are also going into our stack.
So we're here to try to solve multiple problems across the entire industry.
But the reason that gaming and entertainment is there is because that's our roots.
So that's where we've got our links with companies, you know.
But we actually see the problem that we're trying to solve is integration.
solve is integration, the problem of trying to solve is simplicity, and also making the
blockchain something that you can understand and store information in. And when you store
that information, then you can use AIs to get that information out. Right now, decentralized
doesn't mean decentralized. It means that your transaction on the blockchain or all
your data is everywhere else. So all of that needs to be bought into Web3, and that's what we're trying to do with vaynor a lot of different threads but
that's an answer you know we want to we want to be the infrastructure layer for web3 that's our
cool thing yeah that sounds uh like uh something that's going to be really interesting for the users as well as even the developers.
But for instance, say I was a developer now, how would you say Vayner chain would help me?
How is the Vayner EVM compatibility beneficial to developers and projects trying to transition
from Ethereum to other chains?
Well, the first thing is that if a developer is doing anything nowadays,
I would just say go and use an AI.
You know, like what we do find in this industry,
we've got a lot of people who are still trying to do things the old way.
And now if you can use Claude or you can use the latest version of Gemini,
you can eliminate a lot of steps when it comes to the ports across the chains.
So what we would do is that we would actually say you know if you're an evm developer one one good
thing is that the current ais are very robust in understanding how to do multiple types of product
out for evm based chains because it's very well known um but if you want to port to other chains
you know you should use AI to do some heavy
lifting. And then you can even feed the entire GitHub repositories from these other chains
into an AI and use it as a base information for it to go ahead and do a conversion strategy
for you and do half your coding for you. So if I was a developer, I would say your life
is the easiest it has been for
the last 20 years, because a lot of the stuff that you would find very hard and AI can do
a lot of the heavy lifting for you.
Yeah, true, true. That's true. AI has really made a lot of innovation so far. And I mean,
the development in the last, let me say in the last one year or two years has been way
more than what's it's crazy
it's crazy every week we're seeing such innovations it's ridiculous the speed of it is
and we for real we don't know where it's going to be in the next six months something you could
pop up again and um we're all like oh this is cool this is another cool feature so you know
you know we talk about web3 and we talk about you know like um there's
a lot of stuff coming into web 3m are growing fast you know what over a hundred thousand new
ai startups have opened up since last year a hundred thousand all who hit that 90 mark of
the mass market you know they're growing fast and they've got access to the 90 that we don't have
access to in crypto that's where we need to pivot.
Well, we just got to keep an open mind and be sure to take advantage of all opportunities that come our way, then.
Well, so my next question is about scalability and cost efficiency.
So these are like major concerns in web3 and for users yeah so what specific advantages does Vayner offer in terms of throughput and gas
fees okay so what we do with the gas fees is that's actually a fundamental
problem right so generally what you have is you go blockchains that are very
very low transaction but for higher bandwidth but they can get completely hammered by let's say one d5 application is really well and they can completely hammer the chain you
know and then so 10 what tends to happen is that these different types of chain end up being used
for different types of projects so if you've got a d5 project which is going is going to absolutely
hammer the chain if that comes onto it, it slows down
everything else. So what we've done is basically do in such a way that our gas fees are very,
very cheap to start with, I think 0.05 cents. But then there's a banding, there's like a set
of bands we've built into the smart logic of the blockchain. So if you keep hammering the chain,
right and your adapt what will happen is that that price will go up on a curve
right, and you're a dApp, what will happen is that that price will go up on a curve,
right so it stops one chain or one adapt from abusing the chain but if the dap really wants
to use a chain then they can come to our foundation and they can just go into a tear
which means that they don't pay 0.05 you know they might pay 0.5 cents right but it means that
they get the high availability but it doesn't ruin it for everyone
else who's trying to use the chain for their applications. So I think the answer is make it
cheap, but have a curve. So that way you can actually price certain applications according
to what sort of revenue they're making. So it's fair to everyone because the problem with
decentralization is that everyone gets access to the same infrastructure, but certain people need it more.
And sometimes if they actually are heavily using it,
they end up like crowding out that other applications are using it.
That's why companies got their own networks and infrastructure.
But blockchain, a blockchain becomes infrastructure for everyone,
which is great, but it's also a problem.
And that's where our banding has been really useful.
And in terms of throughput and transactions, that's, you know, we heavily optimized for that when we designed this thing, because that was one of the key things that was actually an issue for all the corporate and brands that we're used to.
They're used to individual networks that are running on their own infrastructure, which are tuned for speed.
for speed and so if you go ahead and go to like a large corporate or a brand and have a blockchain
we're often not because they're sharing it's like to give an example that would be like apple
sharing the network with microsoft and and um with amazon and with ibm and all of them are using this
stuff at the same time that's what blockchains are basically, right? So you have to have some smart optimization
and have the ability to alter silo of nodes if you need to.
And that's another thing that we did.
So you can actually have a set of nodes
that are being used by a brand if you need to.
And they can be brand nodes.
That sounds like a lot of work.
And of course, putting all of this together definitely took in a lot of hard work and commitment from you and your team.
And of course, we definitely have to talk about sustainability because putting all of these cool features together takes in, like I said, a lot of hard work.
So how exactly does Vayner balance the sustainability of this what yeah that again
exactly the sustainability is very important right so and especially brand and especially
to brands you know the the interesting thing to understand is that people tend not to be
sustainable when it comes to commerce because they have any sort of conscience that's just not a thing you know it's
down to the consumers and whether they have a conscience yeah so and also when you've got
companies when you've got countries like china they even have the thing called the l plus one plan
where the government is actually forced corporates to go and become more sustainable
so that was part of our design profile so one one of the things that we did was we worked with Google very closely,
and we arranged with them to have different data centers
that nodes could be hosted on, and they are green data centers.
So our foundation nodes are running on green data centers,
completely geographically split and running in different data centers,
but they are ones which are only run on clean energy.
And when we have valid air nodes, we have the same sort of conversation on how and when they can run their infrastructure.
So it's actually green, because a lot of companies who are in the blockchain have said,
okay, we've planted a tree, but that doesn't cut it.
Your blockchain should be carbon neutral from the beginning, and that's how we design this thing.
I mean, the green Val value data infrastructure is really important.
And it's good to see that that's one of the top priorities of your team.
And it's been, it's gaining more acclimation so far. So that's great.
Yeah, but you know what the crazy thing is right um we get hammered in this industry
and told okay blockchain uses young so much power um evm uses so much power how much energy does it
take to make a barbie doll you know um chop down a tree you put it in a truck you melt it with
plastic you create the resin then you put it in a massive cardboard package then you ship it with plastic, you create the resin, then you put it in a massive cardboard package,
then you ship it to a shelf.
It's like selective social conscience we get between Web 2 and Web 3 sometimes.
Actually, yeah, that's true.
I mean, most of the other industries use a whole lot of power as well.
What's a carbon footprint
for that you know yeah it's funny you know like we do get targeted sometimes in rep three
yeah we do but um i mean this um this new angle is a good one and i hope it gets more and more
acclimation as we progress so um my next question is about um recent launch of Neutron.
So Venus AI Ready Knowledge Layer.
So what exactly is Neutron and how does it support intelligent applications
across sectors like enterprise gaming and commerce?
Okay, so what Neutron is, it's like a layer which can actually absorb data right and then it allows that data to
be stored on the blockchain so right now um right now what you have is like
when you have a blockchain and that information on the blockchain is normally whether you've done a transaction or not.
And really, what use is that?
You know, at the end of the day, if you've got data that you need for gaming, you need all of these things.
At the end of the day, where is that information and how do you get to that information?
It's not available to dApps.
It's not available to commerce.
It's not available to game two companies, right?
It's all over the place so as a result what neutron does it's a new layer that we thought was very very important
and what neutron does it absorbs information so it can be from documents it can be from systems
it can be from data it can be from live applications and what it does is that when you store the transaction on the blockchain it also alongside that it stores um the information directly in the udf record of
the blockchain so um let's just say that you've got like a game that's going on and you have all
this information you've got tournaments you've got stats and that's happening and they say it's on
chain well actually it's not what they store-chain tends to be whether the tournament happened or not
and all of that information is stored in some centralized system somewhere, you know?
So it's stored on a server or something because those sort of stats
and those sort of information are quite complex.
And a blockchain is not geared up to store it inside the blockchain.
But then they're saying it's immutable.
So what Neut what neutron does it allows
for example if you have a gaming all that gaming information the stats and all of that stuff is processed and using a process called sort of like semantic and compression it takes all of the
meaning from that and stores as these hyper compressed seeds that get stored in the udf
record which means that everything is on chain not only whether the
tournament happened but all the data around the tournament and who won who lost scores and all of
that are in the single blockchain record because the neutron allows it to be compressed hyper
compressed so a ton of information can be on every single blockchain transaction. And then when you talk about commerce
and, you know, talk about RWAs and other areas,
let's say that you have an RWA
and you've got the construction,
I don't know, of a tower.
Then let's say the title deeds,
every aspect of the build,
all those PDFs and documents
that get stored elsewhere, they go through Neutron and then every step of the build all those pdfs and documents that get that normally you have that get stored
elsewhere they go through neutron and then every step of the process is stored inside the blockchain
record as information so you can query it so in all examples i'm talking about it means that all
these dApps all these apps by using neutron can pull that information off the blockchain in real time. And it's absolutely real data.
You know, it's proven data that's on the blockchain.
It's permanent on-chain storage.
And that's what Neutron does.
It allows you to have just a standard blockchain
holding a ton of data, which is accessible via an AI,
that is absolutely verifiable and that's pretty game
changing for our industry. Of course that makes a lot of sense. AI is bound to make a lot of
changes and like we said earlier the change is just massive. We almost cannot keep track of all
the innovations and new features that we're seeing on almost on is just massive. We almost cannot keep track of all the innovations
and new features that we're seeing
I mean, it's just incredible.
So yeah, let's see where this goes
and hopefully we get to leverage all of the cool features
as they get, as technologies like Vayner,
bring them into fruition and bring them into our reach.
Yeah, so thank you for that answer, Jawad. Thank you for taking time out to
drop all this full-time interesting answers for these questions. I must say
we still gonna go to questions from our audiences at some point but before then
I still have a couple that I'll ask you. Sure. Yeah so this is about the recently,
Verna's recently launched mainnet so it has some fixed gas fees and AI native infrastructure.
So can you share how these features are being utilized by ecosystem projects
and the kind of real world impact you've seen so far?
Well basically so if you look at what we have now is that,
so if you've got this infrastructure and you have like this Neutron infrastructure,
this AI infrastructure, one of the key, a couple of the key projects
that we're working on right now are like with Google.
So right now, Google has got an agentic store that's available
to their entire, you know, all of the corporate customers.
And right now we're working towards building an agent, a neutron agent, which has got a combination of this intelligent processing of real-time data and history.
And that can be used as a plugin inside the entire Google ecosystem.
And that can be used as a plugin inside the entire Google ecosystem.
So if you've got any, or as a standalone, so you can do stuff like you can query everything in your Gmail and have every change document you've ever done.
But then if any company has any product which connects into their systems using the Vayner blockchain, what you can actually do is take that information and write it onto the chain as well.
what you can actually do is take that information and write it onto the chain as well.
So this agent product is very powerful because there are a lot of corporates and brands,
especially around compliance, around data, around different systems that store anything which is required for law and that needs provenance.
and that needs provenance, and they don't have a blockchain to use it on.
And they don't have a blockchain to use it on.
So now by having this agent, that agent can be part of their normal business process,
plug all of that data into a blockchain.
So if a company wants to do ABC, but they need this for compliance,
this agent can directly write it into the Vayner chain
so that they've actually got verifiability as well.
And when it comes to everything nowadays aml kyc compliance financial
transactions all of these companies don't have that so this agent that we're building with google
that will be launched on the google agentic store is going to be that and when you talk about other
cases like one of the people that were partnering is with worldpay and they're like one of the
largest payment processors in the world and we're making a
product which is being built on this whole stack which is going to be dealt with the on-ramp on-ramp
and off-ramp and the validation and the solar security checks which allows people to do secure
fee payments they think like moon pay on steroids and like those are probably two of our biggest
ones which are corporate uh corporate layer and then've got a lot of small adapt companies who are using it for the gaming layers.
They've got a games platform and the high scores, points, being able to query in real time what's happening with the results and still have that verifiable.
Those are the sort of things that we're doing now with companies.
So that's sort of like a range of stuff that we're doing.
But you can see that a lot of the things that we're focusing on are large scale and corporate
because, you know, at the end of the day, we crack this nut that we can bring other
Web3 Dapp developers into those ecosystems.
And that's where the customers live.
So if we can go ahead and get people, you get to more like world player and do the payment processes then it creates a way to have secure
crypto payments for all these web3 companies and bring in web2 players with their backing you know
that sort of thing yeah and um the fact that um that could get that's like a big integration having
to um link up the web3 and the web2 big players as well that's going to be like a significant growth for
both parties as well so yeah it is it is so okay i'm gonna go over to i think maybe my last question
now before i move over to the questions from the audience uh so um let's talk about playfire yeah
so what what is vena building in this this space and how do you see blockchain transforming payments, finance and commerce?
Well, it's very similar to what I mentioned earlier. So when we're working with the likes of WorldPay, you know, so we're building like a bridge with them as one of many products that we intend to build with them. Now, they're one of the largest payment processors in the world.
So, if you're on-ramp, off-ramp bridge,
and then you've got KYC, AML stuff,
which is automated risk assessment of transactions,
And another part of our stack, which will be announced,
is like a financial layer, which helps for compliance and actually acting as a bridge between how the
counting is done right in crypto companies to web 2 companies that web 2
companies often won't invest in web 3 companies because they simply don't
understand what the hell defy yields are or they understand you know what the
revenues are or how different profits are made in the Web3 ecosystem.
So this layer that we're going to be launching as part of our stack is like a financial integration layer that is actually going to allow explainable understanding and insights of what's happening in a Web3 DeFi payment ecosystem.
So they can map through it into their portfolio.
So then basically it allows web two players
to come into web three because right now they're accounting they just don't get it and even often
crypto companies don't even understand where they're making the money or how they're making
the money the accounting practices are all over the place generally in our industry and so what
this allows you to do is have actionable insight with finance that can be used across the board on
So that's really with PayFi.
We think that's one of the largest gaps.
Yes, there are lots of things that make money,
but how are you going to bring in Web 2 players into Web 3?
It's by standardizing and allowing insights and accounting practices to go from one to the other,
because you just don't know what's going on half the time between the two industries.
Well, I hope that that dilemma gets sorted out eventually and everything gets really shaped
up that's what we're trying yeah yeah good work good work so far kudos to you and your team i mean
it's no easy job and it takes a lot of hard work man so um i think right about now i'm gonna go over
to the questions from our audience we have um we have a couple of questions um we're going to be
taking just five questions today and uh hopefully um you get picked your questions get picked and
so let's go right over to the first one uh I think I can see a good one from VestChamberPot.
Given Vanna's focus on tokenizing reward assets,
what's one asset type you're most pumped to see hit the chain next,
and how do you think it will change how people interact with it?
Okay, so basically one of the companies that's using our chain is called seretta you know
and they're the ones i'm the most excited about because they've got a real world asset pipeline
of about five billion dollars and what they're doing which i actually find really interesting
is tokenizing commodities because like right now everyone is chasing a tower or a
skyscraper or a building everyone is trying to pile into rwa for final for property but actually
there's a lot of legalities around it that have been resolved so even here so like in like i'm in
dubai and you consult with the government and there's all sorts of stuff like even if you
tokenize a property and it's joint rented,
what happens when there's a problem with bill quality?
What happens if there's a fire?
What happens if there's a tenant and there's a problem?
There's a lot of legalities around it,
which are going to sort of slow down RWA adoption in property for a while
until it's cracked in every country.
So what I find really exciting is commodities.
So, for example, what they're doing is that companies have come
who've done proof of product, which means that they've proven
that there's gold in the ground.
And let's say it's a $50 million gold mine.
They're actually allowing people to buy gold nine months ahead of time
at like $30 less per kilo, right, as an RWA
project. And then with the blockchain, people will be able to track, all right, today the drilling
has happened, today it's on a truck, today it's being transported, today it's on a bonded warehouse,
these are the audit reports. And so that is an an area found really interesting because this is actually
perfect for blockchain it allows someone to buy ahead of time at discounted rate buy something
which is a real wallet asset which is gold or platinum so we've got gold platinum lithium i've
got like 15 other things they've got 15 other precious metals and uh that they're working on
and that entire delivery chain using RWAs,
I think when that starts coming in
and it's all running on Vayner chain
is going to be good for our chain
because we're talking about $5 billion worth of assets
just through this one company.
So to me, that's one of the most exciting things,
because there are so many commodities
in certain countries that the trust is broken.
And that's what the blockchain can do, you see.
It can bring that trust back
and simultaneously allow people to get great deals
or precious metals that they couldn't otherwise.
So for me, that's an exciting one.
Yeah, I mean, that's actually quite intense.
Having to buy gold or other precious metals
way ahead of time, that's
like the whole idea of blockchain, having to make that commitment to invest your money
and have that belief in whichever asset you're investing to multiply and give you some returns
after some time. So yeah, I think that's... Yeah, it is.
And just imagine every document in that chain is stored via Kayon directly on the blockchain, on Neutron.
And then you can talk to Kayon RII and just connect your wallet to it and say, I got this gold token.
And they go, oh, yeah, your stuff is on the truck and it's on the way here.
And this is a mining document.
And it gives you all the information you need.
That's what you need for RWAs, right?
Your token has all that information built into it.
Yeah, and you have access to that information
whenever and wherever you need it.
So you should know everything about the token.
Okay, so our next question is from Kim.
Thank you for that answer.
That was an amazing answer.
Fast Chamber Board's question.
How are you ensuring real-world
uptime, latency, and scaling
for commerce or enterprise-grade apps
Vayner? Are there partnerships in place for hardware distribution or support
well basically the way the way that the way that we dealt with it um
okay so the way that we dealt with it was to actually partner with like a heavyweight like
google right so that that means that if if you if you're running on that and you have a subset of nodes, it means that
those nodes can run and are siloed off for the infrastructure for Google itself.
So that if you've got a company that needs high throughput, they want to be on a scale
network, they want super low latency, Google even have like an internet that sits under
the internet, which is incredibly fast
so you can actually have nodes which operate on that which is being used by the company which
plugs in really well into the infrastructure. The blockchain itself is smart, fast and scalable but
that's not that's only part of the problem. The other problem is that these validator nodes are
running on different hardware and disconnected systems all over the place. So the way that we've dealt with this is to actually have enterprise-grade providers
who will actually run the validator nodes for us for those enterprise customers.
So if you're on Google Infra and you've got those validator nodes,
they may be split, but they're talking very fast to each other.
And on top of that, if you've got good blockchain design,
then you've got the best of both worlds.
And that's how you give corporates the speed they want because it's not just about speed as well
corporates want confidence in who is running those nodes you know and often they just don't know our
node operators from larry so they don't want to run full stop it doesn't matter if you promise
all of these things remember half of the problem adopting corporates into our world is to build
that confidence and trust and that's what we're doing with this they trust certain brands
yeah i mean confidence and trust that's that's the key thing that's like the first thing any
any corporate brand we want to look into before they make any um official moves with um whichever
company they're going to partner with so yeah, yeah, that's correct. The trust is quite important.
So, Kim, I hope that answers your question.
So, our third question is from T.
How does Vena handle on-chain data differently from stuff like IPFS or typical L2 setups?
Well, basically, the first thing is that with a neutron layer,
what we do is that if you think about when you store data, okay, let's say you store an IPFS, ARV, Filecoin, all of for speed, right? So when you have a DAP,
which needs to go ahead and fetch that data,
you do need persistent storage.
And that's what ARWeave and IPFS and all the systems will give you.
But without adding layers and layers and layers
they're not really built from the ground up
to give you that information in real time, right?
Or to have context against that information.
So what we do is that we actually have the neutron layer.
And so before that information goes into IPFS or ARWeave,
it sucks in that information and puts it into the chain in the semantic layer,
which is like a summary, which is hyper-detailed and verified
of the data that's being stored in those systems.
So if you've got queries, those queries are read by the semantic layer directly. And if you need
more information, then it pairs into one of these underlying data storage layers. The idea behind
Neutron and Vayner isn't to replace them, not because you will have massive data sets, but it
just means that you can actually have access to what you want fast.
And if you need more, then it goes and fetches more. So think of it almost like, I don't know,
like a CDN to optimize data access. That's how we deal with it.
Yeah, that's actually really important because, I mean, if there's a whole lot of data,
the fact that there's a lot doesn't mean it's easily accessible and the interfaces exactly and it's clunky and it's low and you know it's just not optimized for business yeah yeah so the
more accessible it is and the easier it is to access i mean that makes it a whole lot more
um fancy and um approachable by all of the corporate corporate brands and other partners
yeah yeah yeah so thank you thank you for that answer i hope that answers your question t so um approachable by all of the corporate brands and other partners. Yeah.
Thank you for that answer.
I hope that answers your question, T.
So question number four now is from user.
So are you going to guess who's the next question is from?
This is from the letter Z.
I was trying to balance out the gender. So Zara sounds like a feminine name.
Your question got picked. So our question is, a feminine name and that's from Zara. Congratulations, Zara. Your question got peaked.
So our question is, as part
of your app ecosystem, you offer
grants and strategic support for projects
building on Vayner. What verticals
are you most excited about right now
and how does the grant application process
work for promising builders who want to contribute
Well, we've got a whole ecosystem
So essentially, we have got like,
if you're a builder, go to our ecosystem page.
We got different sorts of grants,
and we tend to do it the other way around.
We tend to talk to companies who actually want something,
and verticals that we've identified with,
there will be a useful Web3 application.
And then we actually say to the builders, why don't you go ahead and build this?
So it's a bit back to front the way that we do it from time to time.
But we always encourage builders to come to us.
And if there's something that they think they can build, as long as it's not Field of Dreams, like, you know,
I mean, honestly, some of the ideas you get are insanely just never going to work.
But then you do get some fantastic ideas.
And in those cases, we offer, you know, more than grants.
And we offer partnerships, which actually will help them get their product off the ground.
Because often they have a DAP.
But do you know how many blockchains?
So we know so many blockchains.
You know, we know the CEOs and the blockchains very, very well.
And, you know, so many companies have thrown millions, you know, 20, 30 million dollars against a wall, hoping for the one unicorn.
And sometimes it works, but most of the time it's no good.
So we are quite selective, but by the same token, we we actually when we do select someone we're actually
incredibly helpful in making them successful
I mean that's some good news for
some sort of guidance and
support all along the way of
I want to go ahead and build a compliance solution I want to go ahead and do and support all along the way of... And a customer, right? Exactly, exactly.
I want to go ahead and build a compliance solution.
I want to go ahead and do this and this and this,
but who are you going to sell it to?
You don't have the links or the contacts.
But we have been working with corporates,
multiple governments around the world.
You know, there's all these opportunities and all these contacts,
and that's not our business.
So we're there to help these guys get ahead.
I heard you mention something about Kayon AI previously.
So Kayon actually sits on top of Neutron and acts like an assistant, right?
So can you sort of throw some light on how Kayon transforms everyday data,
like emails and documents, into actionable business intelligence?
Yeah, like, for example, I mean, if you've got, so with this agent implementation we've got for Google, so it's connected deep into Workspace.
So that means that your Google Drive, Google Docs, any Google infrastructure that you've got, all your emails, and even the PDFs in those emails can be read, right?
And so what that means is that when that information is read, the information for that, and this is very important, what Neutron does, it actually takes that information, that vector database that AI uses, and it puts it into your G drive, and it's encrypted.
So what that means is that you don't have all of this actionable data sitting on a cloud provider somewhere. You have it. Okay. And then imagine if you're a business and you want to know,
why are my customers falling off on this? Why am I losing customers in this area? Well,
now because it's got access to all of
that and your blockchain transactions it can say actually your transactions are good but you got
like 500 support calls or people are going crazy because they don't have because this feature in
what you have is broken and this is where they constantly can't use that application so as a
result those users end up leaving your chain or end up leaving your business
now you wouldn't know that unless you had access to support and email and you had access to chain
data all at the same time well Neutron can do that because there's an actionable persistent
intelligence layer between the things so that's a good example for you yeah actually that's that's
actually quite important that compliance is very necessary to be able to have that overview,
know how the business is going,
know who's left or who's onboarded and all of that.
So I think that's actually really important.
Thank you for that answer.
And this is going over now to the last question from our audience,
Pisa Boy's question goes to us.
With global e-commerce projected to grow by 20% annually through 2030, how does VaynerChain's AI native architecture dynamically scale its computational resources to handle increasing transaction volumes without compromising
Well, the first thing is that, you know, the blockchain itself is only part of what the
computational resources are used for, right?
So it's only if you have, let's say that businesses grow by 20 or 30 percent.
And I think it's going to be more than that because more than that because I've spoken about 100,000 startups
It's exponential, the growth, right?
You're gonna see a whole new generation of AI companies
and tons and tons of the legacy ones just die.
If Web3 was gonna be transformative,
AI is gonna be even more.
So I think the number is gonna be huge
and it's gonna be lots of transition
Now, we're geared up for transactions on that,
but I don't think that the main innovation
that 20% means 20% more transaction throughput.
I think it's going to be more and more unique use cases
using other parts of the Vayner stack.
and the financial elements of our
stack as well that we'll be announcing and the branding and the agentic workflow stuff that's
going to be what is going to be more transformative and that stuff doesn't actually use the chain as
much we don't we shouldn't correlate growth of business with growth of chain. Actually, there's going to be a growth of AI.
There's going to be a massive growth of data and storage.
And that's been correlated with chain storage as well.
All three areas are going to grow.
And those are the areas that we've been scaling up with.
And especially with AI, even the way that we've been doing it,
working closely with Google and working with a lot of open source companies for their AIs, what I can see is that business
is going to start growing more and more using AI, but AI is going to get smarter and smaller
every single week and every week it is. The open source models that you can see now are doing stuff
that you couldn't imagine. In fact, there's even going to be an AI coming out, which is installed on your mobile phone, which can do tons of
processing and it's local. You know, we've seen prototypes of these things. So you're going to
find all of the businesses are going to grow. It's going to be exponential, but the chain is only one
part of the puzzle. And I think that's where Vayner is strong, that we're seeing as a holistic
growth. We're not being hung up at half. It's all about the chain.
It's not about the chain. It's about the Vayner tech stack.
And all of these things together are what Grow Commerce, not just a chain, all of it.
And that's why we've gone in this direction, because this is the future.
And we want to be right there.
Definitely, definitely. It is the future.
So speaking of the rate of growth of the AI tech and all of that, what would you foresee, say, in the next, by year's end, by the end of Q4?
How do you foresee AI being, what sort of new futures would you envisage would be on Work3 and AI tech in general?
I think you're going to see more and more AI integration into the chain, right?
You're going to see more and more AI optimizations of the chains themselves,
because even with things like transactions, intelligent confirmations,
you're going to actually end up seeing, and we've already done this with our valid air notes,
because that's what we do, but I can see more and more people doing it.
Because what you can do is that if you think about an ai made out of lots of let's say that a brain is made of lots of neurons okay so forgive the audience i'm just giving an example right so
if your brain is made out of neurons and a brain is an ai the individual neurons themselves can do
some crazy stuff and so they're called little ML components.
So people will put ML components onto their blockchain thinking process.
So our nodes, for example, have little MLs that optimize the blockchain transaction and throughput.
So I can see more and more AI machine learning components being embedded in the blockchain to optimize the blockchain itself in terms of intelligent
real world use cases. So I can see that happening the way that's digging in. And I do think that
agentic market is absolutely going to explode in terms of real world use cases. And more and more
blockchains are going to have to do more and more around that, coupling the blockchain to agent flows to make them work.
Like for example, this neutron layer, which will allow you to intelligently get data and
write it to the blockchain. Well, we're making a plugin so that neutron layer can be used by
anyone who's building an agent. And that's like N's like n8n zapier make they're all are
gonna have little neutron plugins so anyone who's creating any workflow for any part of the business
they'll be able to use them right and if you look at if you look at n8n alone it's got like two
million people in the community and developers running around and they're building apps today
look at that number compared to what we're having with free.
So I think more and more blockchain companies are going to figure out the fact
that blockchain can be used in the real world.
And a shortcut to that is by putting intelligence into workflows
that are being used by this exponential number of AI companies that are out there.
That's where I think we're going to go.
Yeah, that's going to be an exponential growth.
I mean, at that point where companies start to integrate the automation processes
and also get to use AIs, I mean, it's going to be crazy.
Combine that with the features that AI is going to keep,
just like you said, it's going to keep getting smaller and smarter.
So, I mean, that's even unimaginable right now.
I can't even start to imagine where it's going to be.
In one year, so much has changed.
It's actually not even chronic.
I mean, it's interesting to think about it.
Yeah, well, let's just hope that in 10 years from now,
they don't take over and figure out when unnecessary.
Yeah. So, Avin, thank you. This has been a very interesting conversation. I've enjoyed talking to you.
I'm sure. Yeah. Thank you so much, Jawad, for coming on board.
Thank you to all the users for joining us today. It's been an educative and interesting session. So before we draw the
curtains on this space today, Jawad, do you happen to have any information that we possibly did not
touch on in the course of our question- answers? So maybe you can just brush on that before we
call it a day. No, no, I think we've covered a lot of ground today and you know what I would say is,
you know, if anyone is interested in
vein our chain or you want to learn more always feel free you know come on to our socials talk
to any of our team we're always there and you know i hope one thing that's come you know hope
that one thing that's come through to your audience is that as web 3 companies the opportunity for us
is boundless but we have to embrace AI and we have to go
And right now with a lot of change, there's a lot of narrative, but really what are the
real world use cases and who are you working with?
That's where I think our thinking is different.
And that's why I think we'll succeed because there's so much noise out there and it's all
hype, but to strip away the hype and what's the substance yeah what's
a substance and we have substance and that's why exactly you know come and look at us we do know
what we're talking about we think you know maybe we're wrong but we're making our bet and we're
sticking to it exactly that's that's putting your money where your mouth is well that's what we've
been doing all right all right thank you so much for having me and it's
been a pleasure of being here yeah thank you so much jawad it's been a pleasure talking to you
today so um look forward to having you some other time do have a good day and stay blessed man
all right man thank you very much take care all right thank you everyone thank you everyone
have a good day guys Thank you.