Koala Wallet & Full Spend Mining | AMA & Open Discussion

Recorded: April 12, 2023 Duration: 1:07:03

Player

Snippets

Hello, hello, how you doing?
Hey, Rally just a minute I set up my mic.
No worries, no worries, take your time.
Alright, we should be good to go. Can you hear me? Loud and clear. How you doing today? You're good for them. Doing good. How about you? Hey, no complaints here. And what are you calling from? Caller?
at it. What about yourself? Oh beautiful. I'm here in New York. Just was in Colorado for Ethan Verand. A bit of skiing. I was my first time out on the slopes. I guess it was in just a few months ago. So definitely fall in love with the altitude.
Very very fun. Where'd you go skiing? I was actually really lucky to head to Vale so I've been totally spoiled Given that East Coast doesn't really know snow anymore as I understand it So I got some good gear from from a few friends that pulled it together and now I guess I can never go back
Yeah, no, that's definitely a good a good first But it's like you said nothing will compare now Absolutely well as people come into space. Thank you again for joining I will be I'm usually calling in on
on my personal account in Chris or another team member is on Koala, but Chris is on a much-deserved vacation so it will just be me here on the Koala account, but make sure to give us a follow and a like for anyone re-listening in, and thanks for having us whenever you're ready to get started. We are set to go.
Well, certainly most certainly we'll give it a minute or two more and then we will jump right into it Alrighty Yeah, and I'm kind of thinking we'll do a little bit of a casual just back and forth
give each other a chance to talk about our project, ask some questions, you know, give a chance for the community to ask any questions and go from there. For sure. Sounds good.
Awesome, and we also are doing a little bit of a giveaway today just to show our appreciation to Kuala Wallet for coming on. We're going to be giving away three, I think, is what we said of our Cubs, our side collection that
that we are preparing to release to you guys. So I pinned a tweet up there for you guys. If you haven't liked and retweeted it and followed both full-spend and Koala Wallet, make sure to do so because that'll get you entered into that giveaway.
Awesome, let's go ahead and get started. So, Koala Wallet, would you be open to giving a little rundown of what Koala Wallet is, what you guys are doing, maybe a little bit of Alpha, something new you guys are working on? And I'm also curious, in your guys' opinion, what sets your wallet
part from all of the other wallets. Absolutely. So to give you a bit of background, Koala Wallet was founded by a bunch of members who were working on another wallet back in the day called Klanami, this big multi-coin wallet. And when we're integrating chains all the way from Manero to Avalanche, Hedera and more, we find ourselves answering questions
that a lot of these chains had struggled to answer themselves of marketing communications, the technical side of their chains and really how they could bring it to consumers. So it was in 2022 that I had been familiar with cadena since about 2019, but I brought this to the team as we had recently departed that company and I said we should work together to
really revamped this ecosystem to come in and provide a lot of utility and we should start with our bread and butter which is creating a really amazing thing glass at wallet for cadetians and for cadetna and that's exactly what we did. So, Kuala Wallet has been around in development for about a year came out about half
way back since then about six months ago, maybe five. And ever since that actually gets a little bit less four or five months, it feels like a long time, of course, since we've been working so closely with projects in the community. The Eucalyptus Labs has created Koala Wallet to be the best in glass that wallet out there for cadena, as well as cadena project network to be a news and information
site for cadena so that people can learn about all of its projects and more. You asked a really good question of what's different about our wallet. I'll definitely say that we have a big focus on user experience and support setting us aside from those in the cadena arena itself, but we're also not just looking to be the best in cadena. We're looking at
big multi single coin wallets like phantom and even multi coin wallets like x-distant trust wallet to say where are these wallets failing at helping their users learn about crypto get some crypto and then the most important really use it. So I think that's what really sets us aside is that our mission starts with the user and our ideas how do we make
a platform to unleash users funds instead of just a product to lock them up. So that's definitely what we're striving to do with Koala, and that's where we're working hand in hand with partners and projects like yourself to really make the best product that we can and bring it to users. I love that. It seems very simple, but really
I mean, just as a project and being a part of other projects, you hear so much, just people voicing their unhappiness with all the different wallets we have. So having a wallet that actually listens to the community and is taking notes from so many different wallets
all its different ecosystems. I've got my eyes set on you guys and I think you guys are doing amazing stuff. You did say that you can lift this lab's has multiple products. I know Cadena Project Network, we love them. They've done a lot of great stuff for us.
That made me curious, is there any more plans for eucalyptus lab? Are you going to be building anything outside of this wallet or is this only the wallet in the focus for now? Yeah, let me give you two forms of alpha. The first is that we've focused on education with KPN. We've focused on utility
with Kuala Wallet, but there's still that missing gap of how do we make it super simple and easy for user to get their hands on crypto, whether that's buying it with US or Euro dollars, whether it's transferring and swapping it with other cryptos, or even getting some for free for learning about the ecosystem or participating in different goals
to the community. So that's certainly a gap that we're looking to fill now with what we call code names Spark. I can't give you too much details about the platform and what we're really building. It will be standalone as well as integrated into Kuala Wallet, but it serves to bridge that gap as to where users right now have to go, for example, to buy an answer to pause
what we're focused on as well as one of these, there's a second out of these three pillars of Eucalyptus Labs. And then to give you more alpha about the wallet itself, we've always been dedicated to growing the cadene ecosystem. And we think what better way to show people that cadene is one of the super amazing layer ones and technologies than to bring
other layer ones, other coins and show them right next to cadena itself. So adding more currencies into koala such as bitcoin and EVM chains is certainly on the horizon while maintaining a really big core focus on attracting people to cadena and having cadena be the backbone of who we are.
Wow, that's actually huge. I mean, you guys are just taking every aspect of the user experience of, you know, interacting with Kadina onboarding to it and making it a lot simpler. And it's like you said, that's going to go 10 fold in the aspect of, you know, making Kadina grow.
to them that I worked on solving and working to fix are really still existing now. The first Bitcoin wallets or even just your Dogecoin wallets was super clunky on your laptop, on your computer. And since then, again, people have focused on, all right, how do we make an app that accomplishes those same goals?
But usually not from that user perspective of what's going to work best for them. So that's the approach we've taken. I love it. I think that's what we need to push adoption is just making crypto easier to use.
So I'm like, "Oh, that's so funny. I've been helping my cats get some energy out since before this call. They were going pretty crazy. How many got over there?" "Oh, man. I just adopted two more. One followed me home when I was walking home one late night before winter storm. Oh my gosh."
Yeah, then another one. That's one of my stories. So we'll deviate for a second. I promise we won't be launching an energy collection of them soon, but I have one foster failure, Teddy, who lives here, and then the other Lily. She did the exact same thing. It was approaching zero Celsius, and she was smart enough to follow a friend to mine home.
I was on a business trip in Greece at the time and she's like, "What do I do?" and I said, "Just letter in and since then I have two cats so I think we're in the same boat there." I love that. It's always funny hearing people's stories of how they find their cats. They're like, "You know, I was taking a trash out and then this little dude just popped out the dumpster."
Just all the crazy ways cats find their way into our homes. They're just tough. You can't tell them tell them. Yeah, it's probably premeditated and we underestimate them, but anyways, I won't I won't have them for that. You can't blame them. You can't blame them. It's an easy life. That's right.
Yeah, my apologies for the distraction. Oh good and always walking at its cats. Yeah, you gotta love your furry friends. So I think what I was trying to say as well is right there was three pillars and so when you attack it oh yeah so what I really
want to get to is that when we were working on these wallets and solving these big challenges for other crypto companies and their ones, one thing was clear that wallets were going to emerge as the single most valuable point in which people access their finance, their collectibles, their decentralized applications, and if people have enough power
and access to those wallets, you really have unlimited capability of this new platform to use all these versatile crypto tokens, coins and more. So we knew that for a while and we didn't have the freedom to make what we wanted to make. So once we found that freedom and ever since we've been charging down that path with wallets being our number one
way and focus of wrapping all these things together, educating the user in the wallet, helping them grab that crypto in the wallet, and finally getting that utility out of it. Well, that is very, very true. I mean, you don't think about it, but every interaction and every aspect of interaction
with the blockchain or even having crypto, it revolves around a wallet. It's something that you often just take for granted because it's just there and you use it. We're more focused on those coins and all the price action and stuff. It's something that people take for granted, especially developers who are
Often the people leading that charge. And although developers usually bundle the best tech features they can into a product like that, usually you need to get other people in the room, designers, creators, communicators, and marketers to really see how can we take all this technology and package it in a really usable way. So again, you need
all those people working on a technology to really get to that finalized end result. And I think that's what we've really dealt with the team at Eucalyptus Labs. Most certainly, and even listening to community feedback, you guys take so much into account, it's just a recipe for success. Yeah, having a community like this, although at times really critical
And it's really helpful. It's just necessary to grow cadena and be modular and continue to iterate and change as we put the products out there. Super exciting. So what's next for Kuala Wallet? Are you guys have everything launched that you have planned or still
in the works. Yeah, I think there's definitely a long way to go with Koala Wallet, especially in the arena of cadena itself, from upfuscating all these difficult chains to just a single chain experience, to finally getting our wallet connected out on the app store once Tim Apple lets it go. So we have a long way
to go to make cadena this really simple and easy chain to use as well as the education that's out there. We're working to help stimulate the the creator environment around cadena to bring more content and awareness of cadena out there, you know, including from infographics to actual videos and interviews like we had yesterday with a popular
interviewer will financial that was something we were able to set up with the cadena team. So there's so much work to do in getting cadena out there through this wallet conduit. And the next development steps are really get simplifying the cadena experience so that we can showcase all the benefits next to those other things coming into koala wallet.
That is very exciting. I know you did mention the, I don't know if the proper word is chain consolidation or what you called it, but the not having
like select a change in stuff? Was that what you were talking about? Yeah, we call it all kinds of stuff, but that's certainly something really important that we're working on with the Kandana team themselves.
Yeah, I think that's going to be extremely huge. I think that, I mean, from my just experience in helping people get into cadena and whatnot, people just hate and get so caught up with the different chains and having to do an extra transaction and then complete the cross-chain transaction sometimes. So I think that's going to be
massive and I think that alone could, you know, beyond excel, go all the wallet to be at number one in the entire ecosystem. Could you go in a little bit more about that and how you guys are planning to do that? It might be, that might be a little bit too technical of a question, but it always fascinated me with
with just the complexity of how that would actually work. Sure, so there's two main ways, or let me take a step back, I guess, and say that with cadenas 20 chains, we have to be mindful of a few things. First is that there's lots of applications out there that aren't using any chain aggregating technologies. You're still doing one sort
service on one chain. So it's always been really important for us to develop with the community and help people adopt to where we are, where we're pushing things. That's why we didn't start with chain aggregation because we knew that from there on we'd have to be working with every single partner to get them there as well. And we thought it'd be more sustainable to really let that be something that we work with our
with Kedana. And to that, I'll say that Kedana with their developer experience team, their JS team, they've been making this a big priority in their latest developer calls and their wallet calls that they've had with all the wallets out there. And so that's why we've taken these steps with them to move a bit slower and implement this with
the whole community. On the technical side, you definitely write that I'm not the guy to go into all the tech, but I can say there's two main ways that we've really been been looking at doing this. The first is just simply having, you know, client side technology that says, all right, how much cadena do I have in all of my chains at this time? And then when you transact,
What do I need to pull from each chain to get where it has to go? You can do this with technologies around Packed or around cadena without actually using it that itself You can even use it with a cadena index or that's out there We take a different approach We built our own indexer for the explorer that we're gonna launch on Friday Actually, he guess that's the biggest alpha I can give you right now. We're launching
a bit of a beta for our Explorer that's come out on Friday. You'll be able to use it. There's no signup that's necessary. But we've really increased the speed of the old Explorer chain web with our own indexer. And people will be able to use that really soon with upcoming features like CSV export.
of a really fun statistics page and of course we'll be endorsing and telling people to download Koala while they're on the page. But I'm really excited that we'll have that explore out by the end of the week. But getting back to the topic of combining chains the other way you can do it is with PACT and that's certainly an area that we've been researching and developing a lot
into and Kedana is again providing a lot more tools in the upcoming months to make that a much more simple process not only for Kedana for Kuala Wallet but the other partners in this space. So while I can't help too much going into those specifications, I can tell you that it's certainly a high level target for Kedana that they're working on with most of their community already.
That is exciting and yeah, just the general overview it makes sense puts kind of the perspective on how it would be done and makes sense. I'm excited for that. I think it's going to be a huge thing and I mean just personally nice not have to you know, transfer across chains and take 15 minutes to
Accumulate all my cadena from all my life wise likewise and I think it's gonna come at a really good time We have a lot of concurrent building that's going on in the space between different projects outside of cadena and those that are actually being funded or operated inside of cadena such as their their pack-core developments, you know, Emily reading that charge
their developer communications and experience team where they're hiring lots of people every month. So there's so many things that are coming together for what I'd hope to be the perfect storm to really show people where Kadina has been these past few years, these past few months in this last quarter alone, in really growing and becoming more aggressive,
We've spent all this time in a dark, growing our technologies, waiting for the moment to strike, and here we are to show what we've built and what we're capable of. Watching that all come together is going to be the end of the Avengers thing, I guess, when you see all of your superheroes of your chain, your obfuscation, your chain aggregation.
you see a platform where you can buy cadena using any currency, any crypto, any time, learning platforms launched by cadena. I just think that we're coming to quite the moment in this space. And of course, you can say the same from any other chains out there like Solana Cardano, which I'll never try to talk negatively about. But there's just a different
approach that's been taken at Kandana, you can feel it, you can see it, and I think that's going to really pay off in the coming year or two. Most certainly, and there's just, Kandana has such just an amazing technology to back all of it that, you know, gives me a little bit more hope than some of the other chains, but very exciting to see where
everything goes and I think the developments you guys are doing are very needed and important for you know the progress of Kadina as an entire ecosystem so super super excited to see you know everything unfold and get launched. Now I did come with a question on my own if I was in the last two weeks they got to part me.
You know everyone should know that my first entry to crypto back in 2013 as a young kid was no Excellent foresight of world economics or something like that I was looking for money and the quickest way I thought that I could get some money To stand on who even knows what probably the ice cream truck or whatever was saying
what's this new thing called crypto mining that I can do on my own laptop. It started with Dogecoin where I actually was able to use now two or three GPUs to enter some mining pool and then it went into one of the first staking coins, Redcoin that I really liked. That's how I got into wallets trying to find a place to store all of my coins together.
And so again, mining was really that first entry point for me to say how can I get involved with this cool new technology and something that was really sad over the years was watching that difficulty and hash rate increase increase to the point where if you're at home and you're trying to mine, there's just no point. There's just no use. There's no really good entry.
point. So I think that that's something really incredible with with different NFT and mining projects that people are finally able to get a piece of the pie. I'm interested to hear if that was a similar entry for you into crypto and also what you think of of this entry point that you're able to provide now with with what you're working on and how you might even be launching things to make that easier in the future.
Yeah, most certainly. I definitely had a similar experience when I was in my early teenage years, learned about crypto, learned you could just mine it through your computer. I tried mining. I was on a pretty old and terrible little $200 laptop.
And it just wasn't that profitable. That was definitely my first experience. But then many years later, I had... I was actually playing an online game called Roonscape and ended up getting lucky and getting a lot of gold in the game and eventually wanted to sell it.
And it was a pretty hefty sum of money. And so I sold it. And then I actually started a social media campaign just giving away money, inspired by the great Mr. Beast. He would give away money, recuperate the, you know, what he gave away through ad revenue and all that.
different platforms and after giving away a bunch of money I realized that I wanted to you know buy back the cryptocurrencies that I'd given away and you know something just kind of tickled the back of my brain and was like hey you should maybe look into you know mining again
And you know, just see what there is instead of buying it back, what are you, you know, mind it. And that was kind of the real entry where I started looking into A6 and realized that, yep, you know, a computer isn't going to cut it. I'm going to have to get some pretty specialized equipment.
And from there it was a very, very long and expensive process of learning the dos and don'ts and you know how much really goes into mining at home and eventually scaled up my social media and supercharged it through crypto mining.
and eventually with my desire to help people just become financially stable and financially independent through doing my giveaways, I thought well there has to be a way that I can make this less about luck and help them
people that really want to help themselves and slowly but surely this idea evolved of finding a way to distribute ownership of these miners and I ended up finding that Bordeye Club had been
doing a bunch of cool things in like the real world where if you own an NFT you could like get access to this penthouse suite and everything just started clicking together and we started this project and we just been taking community ideas, seeing what people want us to develop, how they want everything to
unfold and we just had the core concept that we want to create something that is more advantageous to be a part of than to go out and you know mine on your own unless you of course have millions of dollars that you can you know you can get to the scale and the
Do all of the great things that we do to make mining super easy to get into and form more profitable than even mining on your own And I'm sorry about that being a little bit winded, but that's no no I I love it and it reminds me about something that I try to communicate to people when they say oh crypto is for scammers or there's so many bad actors in crypto
So, and while it's true, these Wild West places are always going to be, you know, filled, if not dominated by people out for things themselves, what you'll find is a common founder story or team members that have been here for a while is, "Look, I got into this because I said I want to make me a bunch of money." And when people found success, one of the first things they said is, "Whoa."
This is not only something that I was able to do with either my limited experience or just learning and figuring it out for myself, but I can help people access the same type of information and disseminate that knowledge to a wide audience. So I think it's kind of noble of, and I never take issue with someone saying it's a selfish origin as mine was too, of saying, what can I
I do to get myself financially independent. What can I do for me? And then turning that around and saying, all right, what can I do to share that with others? And I think crypto is one of the only places where you can really provide that type of experience without even going further than out of your world on your laptop. So I think that's really cool. And thanks for sharing. Of course.
course. And you're totally right. You know, I think there are a lot of bad actors in crypto, but there's also, you know, bad actors in every corner of the internet and every corner of the world. And I think that, you know, we're in the early stages of crypto. And eventually we're going to, you know, evolve past that and people will, you
start to develop tools to keep people more safe and just the whole ecosystem will start to realize that we need utilities, we need actual value and hopefully some of those changes that actors will start to fade out and it'll be
Absolutely, and I think that's what I've been so focused, if not a bit neurotic, about wallets, about infrastructure, and really trying to build things that last a long time because in this space, there are so many people that come and go. I mean, wallets is a sector that I've lived in, breathed for the past years, so I can name on both hands many, many firms that
pop up, create new or innovative wallet thing and are gone in years and decades but gone in months without dealing user funds. Building Kuala Wallet, one of the first things we did when we started recruiting team members was say, "Hey, we're trying to be different than other startups. We're trying to be different than the typical crypto company."
that says, or even the American company that says, what are we going to do in the next quarter? And we said, what are we going to do in the next one to three years, let alone quarters? So that's the approach we took setting up, Kowala Wallet, setting up Eucalyptus Labs. And again, that's why we had the freedom to do things right in our opinion from the beginning versus having to go back in
and color things in the line later on. Yeah, and we relate to that a lot too. We've tried and successfully have planned to be sustainable into the future. And I think that's it is like you said, it's an issue. A lot of projects of all different types eventually just
run out of funds or get rug pulled or something like that and I think it's important to try to build something that can last and be sustainable and isn't just a you know a quick money grab and isn't gonna you know continue to provide value for years and years to come and that's also kind of why we started our part
program to allow any other NFT, DeFi projects, etc. to partner with us and mine through us to kind of boost them up and help them be a little bit more sustainable. And with our sustainability model,
our contracts when you buy an NFT and the contract to mine with us they are for life so you'll get a portion of a real ASIC miner for life we withhold enough of our mining funds to replace the miners at the end of their lives and you know just upkeep the project and kind of how it would be
if you owned your own minor, eventually you'd buy it by a new one with the funds that you earned from it and you wouldn't have to necessarily take extra money out of your pocket to buy another one because you recouped it for the cost for the new one through your mining.
just think that it's really important to be sustainable and planning for the future and ensuring that you're going to be around to keep up with the promises and not just grab some cash, do a little something, and then dash. Absolutely. I think that using this is kind of a segue.
You've worked a lot, even in your own discord and on these AMAs, to do a lot of education for your community. Because most crypto is not only that passive, but it's an active investment of both your time and money. Of learning, stay ahead of staying ahead of the game and continuing to educate yourself on the latest out there.
a wallet side because I know a lot of that for users is tracking and seeing which miners are coming out and what are the tech advances from BitMan or others or Goldchelle I guess maybe not Goldchelle but education is somewhere that we've gotten a lot of questions of what are you doing in the wallet to protect users and out
And something that's always been a challenge with wallets that I see a lot of firms doing these days is building things that tell users they're safe when really you might be undermining users your own community. So we're seeing a lot of Ethereum and Solana services that are supposed to protect you against phishing scams or malicious addresses, dust attacks,
And something that we're noticing is that when you're onboarding people to your wallet, your service and telling them we have all these systems in place to keep you safe, often those new attack trajectories are most useful and effective when those users think that they're fully saved by default. So it's been a really interesting balancing action.
of telling users, of course, your funds are locked up and safe and we'll do everything we can to bring technologies to increase your safety. But also, you've got to be a partner in that. You've got to work with us as your own custodian of your own funds to make sure you're doing the best you can to get information about how people are trying to target your
your own bank account as you are your own bank account and the latest out there. So working on that communication and working on that community development is something really large to us. It's why you've talked with Chris so many times who does an excellent job talking to both the Kedana Project Network and for Kawaala Wallet and to those users. And while you see a really big
focus on user support, and that doesn't only try to come and solve questions and answers for users, but tries to make sustainable guides and help for the future so that users are able to take their power into their own hands, be their own custodian, since we're seeing a lot of technologies transfer from those old web to counter parties.
Yeah, and I would agree. I think, you know, security is massive. And like you said, some of those wallets that will promise, you know, security and that they'll do it all for you and scan all this stuff. I don't know if this is 100% accurate, but I know there's a close term in the developing world where
You know, one door closes and another door opens. So if you fix one exploit, it will create another exploit. So it's like you said, you truly can't rely on a wallet or a project or anything to fully watch out for you. It's like you said, you do have to take some level of responsibility.
It takes two to tango and that's the best way to keep yourself safe. Always be reading your contracts and with Pax Human Readability it's super helpful. It makes it a little bit easier to see what you're signing and ensure that the projects are bringing you something safe. As a project, I think it's super important
to audit your contracts, ensure that you're trying to test and find any exploits before you go live with things and just ensure that not only as a project, but just as a good-minded human that we're providing something safe that we feel confident won't
You know, causing the harm by accident.
that day does come and I'm sure I'll be having a bunch of mini covies out with that task. But yeah, reach out with your questions, concerns to the right people, always check out your contacting and we're happy to be there to show you where that transparency is and to welcome into the Koala and Kedana family. Yeah, and any project that you know is confident in their
product and you know is there for the right reasons will like you said we're a small community right now we're a small ecosystem so we are able to answer and try to get to everybody that reaches out to us so you know if a project ever doesn't support you reaching out to them you know it's not a good sign so I'm gonna start scratching your head at that one
Exactly. Exactly. So, you know, it's just think for yourself question, make sure you're, you know, doing all the things you can do to ensure your safety and it's cool. Yeah, so something we focused on in the wallet as well in terms of, you know, that community feel, especially around
NFTs is not only the utility and function but kind of the look and feel. I'm interested to hear from you, you know, what you think that the next wave of NFTs might be if they might be associated with GameFi. I know that the big open and question, but do you have any predictions to look back on in a year and say, "Wow, I was way right or maybe I was way off about the future of NFTs space?"
I do and it might be a little bit generic, but no, hey, go for it. I think it's just utility whether You could look at gaming as a utility, you know, we all need to have fun We all want to earn some you know some extra cash having fun And so that would be a you know, that's a utility project
like our own that are solving an issue and creating a more valuable opportunity than you would otherwise have alone. That's creating utility. Koala Wallet. Listening to the community and creating a wallet based around user experience
and giving people what they actually want and you know solving all these issues, you know that's utility and so I think the safest way to estimate that would just be utility based NFTs, I think we're now moving away from the hype or art, I think art will always be a huge part of
it, but I think we're getting to a point where it needs to be cool art, a great community attached to something that's providing value to the world or creating a utility that will create more value than they take in. And I think that is
I think that's the safest guess I could have. But I'm curious, what about you? What do you think the next big wave for NFTs are? We totally agree. I think that what we're really focused on is moving. And why ask the question is that when you look at Koala while we've started to do, and we have a long way to go in
our desired UIUX. We're still a startup, scrappy and young, like I said, trying to conserve our funds for a very long time without getting strangled by VCs or something. But when you look at how we implemented NFTs, we're really focused on what are people actually doing with them in their wallet. Of course, they're not just letting them sit. They might be receiving some funds for them.
But in the engine radiary, what can they do to learn more about their collections and to share their collections? So that's why on our side, you've focused a lot on what will NFT sharing and purchasing look like in the future. Since the NFT collections are going so vast and wide and I think they'll continue to do so, especially just given, like you said, the opportunity
in developing utility for them. So better implementations of marketplaces directly into the application and choice of those user settings or user features is definitely what we're focused on. So while I can't predict the trends and NFTs are certainly not where I always keep my eye on the ball versus you know these well
features we're working on, something I can commit to users and let them know is that we're always focused on if I'm a person with those NFTs, what am I actually doing with them? Since again, right now on a lot of other services or, you know, while it's that really are just there to lock up your funds, it doesn't provide many value to walk around with my cell phone and have those JPEGs there.
increasing that utility, making them more fun, user-friendly and involved is certainly something we strive to do in the future. Very exciting, very exciting. And I was kind of, I was going to ask, you know, what are those ways that you're going to be supporting those new NFTs in the future, but you kind of already answered it with
So, it's exciting. Yeah, and it's going to be fun watching these different protocols come out and trying to stay on the ball, especially like I mentioned, with integrating more ecosystems and coins. It's going to be a unique battle of how can we show the best of cadena without taking away from other ecosystems and users. That's
want to get the most out of their other collections. So that's going to be, I call it fun now. I'm sure in those six hour design meetings, it might be a little less of that, that's, you know, I'm happy in my step. But again, that's the commitment we're making to users. And what we see is really lacking in this space. I've got all these cool assets. What am I doing with them?
Yeah, most definitely and I think it's going to be rewarding and worth it regardless might be tiring but doing good work and providing real value to the world is definitely going to be worth it. So, yeah, you know, it's one of the only fields I think that again,
And you can see that user impact right away. We've been adding to our team, we've been hiring, check out our job posted if you're interested in working for a young high up start crypto company. But it's something that we always express to team members of, you know, we have this development
But we always have this marketing arm and their work is not only to communicate to the community What's coming what we're doing but really to make those developers see or feel seen and heard in all the great work that they're consistently delivering because without that working on a project like this does feel tiring
It's just the same development again. But once you see that community interaction, which we always appreciate, it makes it all worth it. So here's a great place for me to plug going to that App Store and leaving a five-star review with all the crypto buzzwords and mining
terms you can use. It really helps us out. It shows our developers and marketers that we're doing a great job. And see if you have a moment on your mobile phone, don't do it if you're listening and driving unless you're real talented. No, for sure not. But yeah, give us a good review. We really appreciate it. And nothing helps us out more.
I love that. Definitely will after this space can have to go and you know I think I got Android and iOS so you want both. Oh man that'd be awesome. I get a ping every time someone is in notification and it really does
make my day and then we get to tell that to the developers team as well. And if you look at some of the other smaller wallets out there, not even in the cadena space, you won't really see that review to download ratio. We're not going to lie and say we have a billion users here. Cadena ecosystem is small. We're filling this niche role there, other wallets out there.
But Koala consistently has a high volume of those reviews and legitimate ones too. Because again, I think we've done a great job, at least folks like Michelle and Chris on our marketing team and Adam and so many more of communicating what we're doing and what's upcoming for the community. So I thank you and if I get new more of those notifications on
we really happy today. Looks like we're gonna have to make you day. You're gonna have to go test out your app, give a good review and send some positivity over. I know it's definitely exciting times. I think it's quite
cool to see in all the things coming out. We're about to get our last portion of our shipment for our miners and start finally hashing away. The immersion cool and everything. So it's super fun. I mean turn to the moon for the first time must be kind of that anxious feeling. I mean can you actually
take us through what that kind of unboxing is like, not, you know, not in the actual cutter you're using for the Styrofoam, but is there kind of that anxiety of whirling it up for the first time and seeing that hash rate? I think now that I've done it long enough, I
I'm definitely a little more comfortable with it. I've seen everything that can happen with getting new miners and deploying them and all that great stuff. So I think a little bit less. Obviously you're hoping that you don't have any dead on arrival or anything like that because that's going to delay. You're going to have to ship one back.
Let them repair it or replace it and then send it back under warranty and everything. I mean for those who don't know, you know, Riley is paying for a first class ticket for each of those minors on an airplane getting the seat belt in I'm guessing because those are some valuable pieces of deck but
Most certainly most certainly first class each one about thousand bucks to take it They're they'll be eating caviar on the way here so that they're you know ready to Wind up and start earning everybody some cadena, but it's it actually is funny we We are gonna be releasing here
soon once we get the last portion of our you know supply that we're going to have in we're going to be releasing some unboxing videos and so you guys can see you know what it looks like to actually receive a miner you know what what actual miners look like a little overview of you know
the K-83s that we're all going to be mining with. So it's just a little fun thing for you guys to see the actual miners that you guys are actually own a portion of. So super exciting. Now I should say I just got a message from one of our folks in marketing that said I wasn't supposed
to give the alpha about the explorer coming up Friday just yet. So you are truly the first to know unless someone else sent a tweet that I love. I love that. That's an alpha alpha. You can go and tweet that you can share it. Since again, we're really excited to finally deliver. What we think is going to be a really good first version of that explorer.
Because it's a web page, because it's a technology that we're fully building on our end from Explorer to the dot com domain, that's something we'll be able to move with really quickly and implement things that the community has wanted for a while. So when people are able to use that, definitely get into the DMs, get into the tweets, let us know the features you're looking forward to in the future.
It might just be one of those shipping in the next month. So thanks everyone for being here to hear that for the first time and we're excited to talk more about it in the coming week. Man, that is exciting. You know they've nicknamed me Leaky Riley for a reason and it's just because I have a magical way of either
somehow leaking something about our own project or somehow getting other people to leak something about theirs. So this was a low effort one I didn't even have to try. No, but we appreciate you sharing and that's super exciting. So I mean, who doesn't love Alpha, right? Absolutely.
So where do you think you're going to be in about a year with Koala Wallet? Yeah, that's always a really interesting question because there's two ways. I mean, at this point in our rate of development, we know those roadmap milestones, we know the coins that
will be integrated in the communities we plan on delivering to Kadena. And part of that journey is, you know, being there to say the more bridges and dexes and exchanges, hey, if you work with Kuala right now, maybe you can move up that Kadena timeline knowing that this audience is ready and super active to receive what you're working on. But then there's the other
half of it that I've been in crypto while you've been in crypto while and you know how quickly trend or a new thing like an ICO phase or even a bull run can propel new things to market. So it's always a goal of our to remain steadfast in that roadmap I described it as one to three years and also
have that mobility and agility to kind of say hold up or we are we have missing an opportunity here to build something really great and useful for our users. So I mean keeping the ladder in mind. In the year we really see you know Kuala Luala does the first onboarding point not only for cadena but saying to a friend hey you still haven't got
in the world. We won't keep that information for sure. But adding all that information generated a great profile of maybe tokenized assets on cadena, some wrapped Bitcoin, some wrapped Ethereum, a lot of it cadena.
in itself and then have all the tools in the world to really take those funds and use them in different ways. The clearest one I can express to people is again why I first got into crypto of saying how do I build myself a portfolio of wealth. So putting investment tools from the simplest of price trapping and price notifications which really don't exist
and other wallets to the more complex deck strategies and leverage trades. We hope to bring as an option but never force it on the wrong part of users that don't really know how to use those things. Those are things we definitely want to increase accessibility through a wallet towards. So certainly angling towards
investments. But like I said, when those points of utility and seeing what can we do with NFTs, what can we do with this platform we've built come up, we'll be ready to capitalize that and again listen to the community to build the best thing we can for them. So you know it might sound like fluff to a lot of people and I get that not only am I you know talking about a product that hasn't been on
the market for even over a year. But I think that's going to be a really great statement and a good place to look back upon and say, well, we said we were going to do that. People kind of had to flip their faith and trust that we were building the team and the roadmap to get it done. And while we have all the internal knowledge of the trust we have in our team and at the time
We really are excited to see how that develops and how the community gets an insider look in the coming months and year. We had such a great ethos inside of Eucalyptus Labs before Kuala Wallet was even on a market, but development days were long working on that branding and telling someone that
Actually, I think it should be a few pickles to the left or the right. It was tedious and something that always used to get me super excited was hey, when that day of launch gets here, when we finally get to deliver what we've been talking about so incessantly for this long time, that's when the developer team, the marketing team, everyone's gonna have this big
side of relief, but also this fire of ambition. And we saw that on release day. And the first thing we said after we released the wallet was like, all right, but what's next? You know, so we used all that fire and kept on pushing. And I think that with every release of a big feature or something that's taken a while, it only adds more fuel.
to that fire. So that's going to be again, it's just, it's a job and a team that gets me really excited. And I think it's palpable given how many people tune into the AMAs that we do and are joining a board, our team either in the discord or through Twitter just tweeting out koala wallet and even reviews in the market. How many are joining
that mission and have faith that we're going to deliver something different than the typical wallet out there. I love it. Sounds like you guys will be prepared to, you know, adapt and build to fit the needs of, you know, the developing ecosystem, which is exciting. Yeah, it's a bit of a work
But we think it's necessary and we think that people know we're not out for blood. We're out for like you know solid development techniques and sustainability. So that's again it gets us excited. I love it. So we are coming up to the one hour mark. I did have one more question before.
before we open up for anybody in case they have any questions. So how can people support you over the next year as we build into that future koala wallet? What are some ways other than downloading app and giving a review of that?
people can go and support you guys and help you guys get to where you need to go. For sure, I think that, you know, like you just said, and I apologize to some burns in the back right here going a bit wild, the cats are enjoying to watch them. Like you just said, the first thing you can do that gives us an immediate big help is that
5 star review and separate from that really helping us onboard the the cadena community something that we said from the beginning is that we were never going to go negative and target other wallets we were never going to you know try to release graphics of ah what we're doing that so much better than others we're just going to build the better product and let it speak for itself but but some
something that we've realized and that we kind of knew from beginning to is that sometimes people need the knowledge and need the extra push to go and get involved. So if you're in a community like your own mining project or maybe in a different Dow, get involved, help us spread the word when you hear that someone struggling with a failed transaction say, hey,
there is a better way. And spread the gospel of Koala because we're going to be here for a long time and we think our users who have helped us out to get where we are are going to fill the rewards of that as well. So if you can help us spread the word of Koala, get people interested and engaged, that really makes it all happen.
Yeah, and I'm thinking, you know, we gotta get you guys listed as a supported wallet for our project. Absolutely, and that's something we're working on the next few days and actually this week has been a sprint of going to all of our partners and saying, "Hey, we need to do an... and I'll tell you the real strategy that we're doing internally, it sounds again very militant, but it's called
We want people using Koala, we're sure that if we bring more users and features into the app, it's going to result in a better product for our projects involved and for the end user. So we're hoping that every project that's involved can kind of be our satellite and help us with this marketing strategy so that we can save the funds and
the time for the developments that are sorely needed like our finished work on Walla Connect, like the integration of Dexism to the application, things that are really moving the ecosystem along. So getting projects onboard to help push Koala is something that's really a key focus of ours and it's exactly why I'm here today to spread the word of Koala.
I love it and it's a good word. So I guess we'll open up and see if anybody that has been listening has any questions, comments, concerns, anything like that. Feel free to come up. Looks like we have Kevin Clark coming up.
Hey, he's Kevin talking I can't hear yeah, I just got oh there he goes. Hey guys, how are y'all doing?
Hey Kevin, good to talk with you. How are you doing, Riley?
No complaints. It's a beautiful day. How about yourself? It is. It's a gorgeous day. Hey, I've got a couple of questions and I apologize. I've been in the spotty service. So you guys may have talked about it and answered this.
I just couldn't hear it. Looking at moving some NFTs there and was considering like, I didn't see how to send them out. Can they be sent out or can they only be sent in?
So right now with the sporadic and multiple protocols out there for NFTs, there isn't a uniform way to send them out just yet. We're working on better ways to import from other wallets and collections to Koala Wallet. Even this month and the next of importing your seed phrase, if it's not
24 but you're totally right that's something lacking that again we're working with Kadeena on specifically through their Marmalade work you're working with NFT projects that have already been integrated and you should see movement on that pretty soon but across the board so do stay tuned and you definitely
right in that there's a you're not missing anything okay just something we're adding in slowly as projects are ready to do so no that's great I wanted to know because even with our sticker garden of cadena we were actually wanting to store you know some of the ones that we have and then that way if somebody wins them we can send them but
We can't move them until we know we can send them because we don't want our people getting mad because we can't send them. So I wanted to follow up on that. Second question, like I said, you may have already gone over is when somebody mints or you working with the other projects now to actually make it
where they can connect to your wallet and man it from Koala wallet instead of X wallet or Echo wallet. Yeah, so we're going to bring those features in as well. And you don't see it on all of the products yet who are adding it right now, but that connect wallet
it is a feature that's fully out on Android and will be in IOS and hopefully by the end of this week if not today given their response. Okay great answers I appreciate it guys thank you for sure thanks for the question yeah thanks for coming up yeah absolutely
Alright, any other questions I can get to? I appreciate that moment for listening in today and for hearing me tell you for like the umpteenth time to leave a nice review.
She got it, you know, you got to keep reminding people it's important. We need all the support we can get. It's just gonna make Kadina grow as a bigger ecosystem and everything so. Absolutely. What will Riley, if there's, oh, I think we got in the question. I think we do.
Chris, I just wanted to give a little bit more information that Kevin was asking about sending out secret garden NFTs and stuff. So any NFTs that are supported by Arcade right now, you can connect to Arcade using wallet connection.
with Coalawollet and they have a sendout feature that you can utilize through them. So it is possible to send the NFTs out of Coalawollet just not directly from within the wallet. You do have to connect through wallet connect to another provider like
like Arcade that has those options. But like Kobe said, we are working on getting that fully integrated into the app. Yeah, that's great. I appreciate that. Thanks for letting me know. Yeah, no problem. My night in Charming Armor. Thanks, Chris.
I love it. I love it. Perfect example. Listen into the community and take an action based upon, you know what they say. It looks like we have another question as well.
Okay, Joshua coming up, Sazzee's connecting. Still connecting. Oh no, come on Twitter you can do it. You on muskis work in the switchboard extra hard today.
There he is. How's it going Joshua? Well, thank you. How are you? Follow up to that arcade. If you have the information. Will that support the staking rewards available because actually, um,
I do some bowls over my koala wallet and
I just found out that the staking for the bulls was yesterday, so I didn't dig too deep into it. But yeah, that's the question without mumbling more.
I would bring Chris back up to answer that specifically. Give me just a second, maybe Chris wants to chime in there to give you exact instructions.
Actually, he's going to relate to me since for that question I can't answer it directly, but just give me a second there.
This is peak holding on a lion for our support team, one moment.
I think we're still working on that feature of that mint working. Let's see if Chris can give us a conclusive answer. >> Sure, if we fully tested it, but as long as the wallet connection feature works properly, all of the features that are built into wallet connection,
Like the quick sign and everything are there. So definitely I would say give it a try connect to this right now Unfortunately wallet connect is only available for the Android devices. We're still waiting for Apple to push through the most recent updates to allow that on IOS
devices but definitely give it a try connect to our K through wallet connect and let us know if you have any issues using their staking features you can jump in our discord and let us know if there are any issues and if there are we'll look into them right away and make sure that things are working properly.
And with that question, I do have to run. We have some other calls that we're going to be taking with some of our developer team. I just want to say thank you everyone again for listening in today. Full spend. I think after rapid since again, I'm getting faster to hop on another zoom. But thank you so much everyone and I appreciate all the reviews that I hope to be seeing later.
and the new downloads. So I hope everyone has a really good day and thanks everyone. Take care. Awesome. Thank you as well. And we'll go ahead and do the giveaway and wrap things up, but obviously feel free to head on out. Don't want to make it late for anything, but I appreciate it. All right. Cheers folks. Let's get that giveaway in the chat.
Cheers and thank you so much for you know coming on and sharing everything you did Farewell and good luck in the meeting We're gonna go last call for the for the giveaway. We're gonna be giving away. I think it was three of our pups
And next week we're actually going to be releasing all of the not all love, but we're going to be starting our campaign, releasing all the alpha and you know specific details, utilities,
about the AutoPub collection. I think it's going to be a cool extension of the main collection and so we're going to give away three of those NFTs today. A little bit of a hype up for that. Give me a moment while I
open up Twitter Picker and get this loaded and we do have the tweet pinned at the top of the space. So, you know, go ahead and retweet that, do all the things and you'll be entered.
Alright, just loading this tweet up. Make sure we get the right tweet.
And you must be following full-span mining and a koala wallet.
(bell rings)
to win, so make sure you guys are doing that.
(keyboard clicking)
All right, let's see.
there it goes. For some reason it wasn't liking the link, got it in and it looks like we have 38 eligible entries that are
have retweeted, followed, and all of that. So good luck, everybody. We're going to have-- I believe it's three. Let me double check. So I don't actually give-- oh, really, do even away one auto NFT. We'll make it two, just because I feel a little bit generous. I think I said three earlier, so we'll meet in the middle.
We'll go for two winners today and Let's begin the drawing good luck everybody and we have the winner of Sunil Sharma which I definitely saw in the space Yes, there's still here wonderful. We love that and Kadina UK
which they've been a wonderful supporter as well. So we're going to go ahead and reply with all the winners. Congratulations everybody. We are after this space. We are heading directly into another space. So if you guys want to follow us into that, there'll be a lot of fun in there.
Definitely, you know, give us a follow. We're going to be giving away a ton of these otters, these otterpups, you know, promoting the side collection and the fun, you know, expansion of utility that they will bring over the next few weeks. So definitely keep your eyes peeled.
Now now is the time to be engaging with us and interacting with us, especially as we're about to get our mining up and going. So it's everything we've all been waiting for. So super exciting. Awesome. We got that tweet sent out with all the winners. If you are a winner, just go ahead and DM us.
If you send us your Discord username, we will get you a role added in Discord and then once we start collecting addresses for distributing the free minutes, we'll ping you in that Discord role and get your K address so that you can claim everything.
Awesome. I just wanted to say thanks to everybody for showing up today, showing some amazing support. You guys are amazing. I can't thank you guys enough. Let me go ahead and pin the next space. We're going to be hopping straight into after this.
So that you guys can go ahead and check it out. They might even be live already. So without further ado, we'll send you guys off. Thanks for all the support. Thanks for sticking around and stay safe out there.

FAQ on Koala Wallet & Full Spend Mining | AMA & Open Discussion | Twitter Space Recording

What is the name of the wallet being discussed in the podcast?
The wallet being discussed in the podcast is the Koala wallet.
Who founded Koala wallet?
Koala wallet was founded by a team who previously worked on the multi-coin wallet called Klanami.
What was the team's objective behind creating Koala wallet?
The team's objective behind creating Koala wallet was to create a better user experience for crypto users and to create a platform that helps users learn and utilize crypto.
What sets Koala wallet apart from other wallets?
Koala wallet's focus on user experience and support sets it apart from other wallets. It's mission is about unleashing user's funds instead of locking them up.
What other product does Eucalyptus Labs have besides Koala wallet?
Eucalyptus Labs has a news and information site for Cadena called Cadena Project Network (KPN).
What is the missing gap that Eucalyptus Labs is trying to fill with their new project, Spark?
Spark aims to fill the gap of making it simple and easy for users to get their hands on crypto, whether that's buying it with fiat currency, transferring and swapping it with other cryptos, or even getting some for free for learning about the ecosystem or participating in different goals to the community.
What is Eucalyptus Lab's third pillar?
Eucalyptus Lab's third pillar is to add more currencies into Koala wallet such as Bitcoin and EVM chains while maintaining a focus on attracting people to Cadena.
What was the team's primary focus when creating Koala wallet?
The team's primary focus when creating Koala wallet was to improve the user experience for Cadena users.
What is the name of Cadena's news and information site?
Cadena's news and information site is called Cadena Project Network (KPN).
What is the name of Eucalyptus Labs' new project?
Eucalyptus Labs' new project is called Spark.