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.Kryptic Spaces 🚀
Recorded: July 24, 2024 Duration: 0:51:40Space Recording
Full Transcription
Hello, hello, hello. We're just joining all together here.
I'm going to invite up Cryptic. One second.
Okay, how's everybody doing?
Pretty good. How are you?
Doing good.
It's great. So far, so far, good.
And is this Alex?
Yeah, that's Alex. I also put my other account as a listener, but it's Alex.
Perfect, perfect. Okay, I'm going to let the room fill up for a little bit more,
and then we can get started in about a minute.
Yeah, Alex, what are you up to today?
I was working, and I was just finishing dinner now.
Oh, nice. Sorry, go ahead.
I found some egg rolls with Montreal smoked meat inside, so it was pretty cool.
That's pretty cool. I made my special fried rice last night, and that was really awesome, especially leftover today.
Sometimes I feel like some of these things are better, like the second day the flavors soak into them, you know?
Oh, yeah, for sure. Last week we made quiche, my girlfriend and I, and like the next day it tasted so much better.
Yeah, these are the kind of things where the spices need to, like, not marinate, but like, you know, soak in the flavor.
Yeah, I agree. I agree, for sure.
All right, well, I think we're about ready to jump into things here.
So, yeah, welcome back to Unstoppable Spaces.
We're excited to have a Spaces today with our partners over at Cryptic.
And today we'll be discussing all things dot-cryptic, our partnership, and how on-chain domains can play into a variety of these ecosystems.
So, thank you for tuning in. My name is Adrian, and I'm on the Unstoppable marketing team.
And joining me today is Sandy Carter, our COO over at Unstoppable, as well as Cryptic.
So, I'll leave the floor to you guys to introduce yourselves.
All right.
Why don't you go first, Alex?
Yeah.
All right. Thanks, everyone.
Well, yeah, so my name is Alex.
I'm in charge of building the Cryptic wallet for Cryptic, the company.
Basically, I'm a 34-year-old project manager.
I come from Canada.
I got into crypto because I had to move to Germany.
And basically, yeah, basically it was a very big hassle with the banks.
So, at the time in 2017, I bought Bitcoin and then resold it to move money faster.
So, that's basically how I got into crypto.
I realized there was a network to move value faster.
And I got involved with Verge currency while I was in Germany.
And then I realized how early in the space I was and how the technology wasn't optimized for everyday use.
And one thing led to the next.
And that's how we are here today.
Very cool.
And I am the COO of Unstoppable and the founder of a group called Women of Web3 and AI.
And I have been I came over from Amazon Web Services over to Unstoppable.
I had been playing around with the blockchain, but mostly for Web2 companies, you know, really understanding how they were using it for, you know, for their supply chains or for privacy and protection.
That sort of thing.
And that really got me going down the rabbit hole of this whole space.
You know, I set up my own wallet.
You start playing around with it.
You get rugged.
I don't know.
Did you get rugged, Alex?
It's happened to me, actually.
I think it's happened to a lot of people.
I know it's kind of not a good thing, right, to have that as one of the rites of passage is to be rugged.
But nevertheless, it did happen.
And so that's actually how I ended up here.
Matt, the CEO and founder, came up and had dinner with me in Seattle.
And the rest is kind of history.
And we're real excited to have, you know, this announcement today.
And anyway, just excited to get into it.
And such a pleasure to work with Alex.
If you guys don't know Alex, he's wicked smart.
But just super humble and, you know, very on target.
So it's been a real pleasure working with him and getting to know him on this announcement.
Thank you, Sandy.
It's nice to work with you.
You're always smiling.
And it's nice to hear you because you're in a great mood all the time.
I wish.
But thank you.
I mean, when I work with you, maybe it's because I make you smile.
I don't know.
Working with the unstoppable team.
Working with the unstoppable team is always a joy.
Yeah.
Everybody says I'm always too optimistic.
The glass is always half full with me.
So there you go.
Cool.
Do you want to tell us a little bit about how Cryptic got started and, you know, kind of how you got involved with Cryptic?
Yeah, so basically Cryptic started under the brand of Hyperhub way back in the day.
And a friend who's no longer with us basically had started it.
And Louis and I are continuing his legacy.
Back when Hyperhub existed, it was a wallet for Kadena and for for HTML coin.
But the vision that our friend had was to make a multi chain wallet so that people could interact natively with the same wallet on all the chains and to make it easier for people to get into crypto.
So basically that's that was the mission for Cryptic.
We've been we've been hard at work in the background to try to make it multi chain native.
So that means you don't need to change network or look around to change the network.
So to make it as user friendly as possible, because rug pools are one thing, but the biggest thing for besides rug pool is losing your crypto because you don't remember what wallet it's on or what private like whether to see keys for X, Y, Z wallets.
It's one of the reasons I like unstoppable because you can kind of list all your wallets with your domain and then you kind of remember where things are.
So that was one of the for me, that was one of the first things that really got me with unstoppable.
But for for cryptic, our vision is to to basically to basically be the one one gateway to to crypto for everybody.
So, for example, I'm a I like Bitcoin.
It's the main crypto that I use.
But if I wanted to use, I don't know, Solana front of mine is a big Solana guy.
You know, I could just with my cryptic wallet, I could swap from Bitcoin to Solana directly inside of it and then send it to him or just send him directly Solana from my Bitcoin without having to look for like, you know, third parties or whatever.
That was the idea. And that's that's where we're headed with it for for different chains.
So right now there's 12 chains directly inside of it in the long run.
We want to put them all the concept for cryptic that I worked hard on was to make it as a framework so people can apply it to a different use case.
So, of course, there's the B2B portion where they need wallets for their thing.
So that's that was one aspect. But the end aspect was for consumers to make it really easy for them to get into crypto.
And I can't wait to show you guys the rest of the stuff that we've been cooking because it's awesome.
Love it. Yeah, that's amazing utility.
I'm kind of curious to you on the name cryptic.
Were you involved with the name process or do you have a cool story behind the name cryptic?
It's actually a funny story. So we were in the process of trying to get the trademark for hyperhub.
And then I was like, I kind of just gave a list of like, you know, names.
This is before chat GPT, mind you, that could just give you like, you know, 50 names.
So I was just like just throwing words out there. Some of them were pretty silly and they weren't that good.
And then I was like cryptic would be cool if it was with a K.
But it's probably taken because crypto with a K already exists.
And then we looked into it. It was for sale.
So we bought it and yeah, we branded it. So now it's ours.
It's ours. But it was a team effort.
But I'm really happy about that one because I kind of gave it like as a yeah, I checked on GoDaddy and the links that the URLs already taken.
And then the rest of the team was like, now we can get it.
It's not used. There's no like there's no trademark for it.
So I'm really proud of Lewis for like going out and actually getting it because for me it was my favorite name that I had suggested.
There was a bunch of other suggestions in the team.
I wasn't too proud of like the other suggestions.
In fact, I kind of actively hated some of them.
But cryptic, I was like, yeah, it's really cool.
And it's kind of it works well.
It rolls off the tongue, you know, and with a K, it works with crypto.
And then, yeah, Lewis was like, no worries. We're going to get it.
And a week later, we got it. So.
Yeah, that's awesome.
Teamwork.
All right. Well, yeah.
Yeah. Diving into the announcement here, we have pinned up the dot cryptic main announcement from six days ago.
Sandy, for anybody who's unfamiliar, do you want to highlight our recent dot cryptic announcement with our partnership?
Yeah. So we announced a new naming service called dot cryptic.
Dot cryptic is the TLD and it has so many superpowers.
Well, first of all, you know, Alex and cryptic and the team are using it for crypto transactions, probably the number one use case that we have today.
And what does that mean? That means you could take Alex dot crypto or a cryptic, sorry, or Sandy dot cryptic and you can transact in cryptocurrency.
So I could use Sandy dot cryptic to resolve to my wallet address the set of 21 characters and digits.
And I can do it the other way. I can take the set of 21 characters and digits and resolve it back to Sandy dot cryptic.
We do about 30 million resolutions every week where we're resolving, you know, Alex dot cryptic to his wallet address and vice versa.
Not just Alex, of course, but the whole group of folks who use unstoppable.
I think the other really cool part of the announcement is that with dot cryptic, you can now also use it as a as your gaming leaderboard tag or your name on your leaderboard for games.
I love games. I used to run a million person community for female gamers.
So I love to see my, you know, Sandy dot cryptic up on the leaderboard versus my my wallet address when I play a blockchain game, for example.
You can also leverage it in group chat.
So if you're brand new to the space, you could use, you know, Adrian dot cryptic to chat with anybody who owns certain badges.
So we did badges with cryptic. So if you hold one domain or five domains, you get a badge and then there's a group there that you can have a encrypted conversation with.
Those are probably most of the one on one things you can do with the domain.
So if you're brand spanking new, you're in the cryptic community and this is the first time you have a name.
Those are probably the top things to do. Use it as a gamer tag. Use it to transact in crypto.
Leverage it in a group chat, you know, and then just to show off your profile, which I'm sure we'll we'll chat about here in a second as well.
Love it. Yep. So if you want to get your domain dot cryptic, it's up here at the top.
So just click the announcement and go through the process and diving deeper into dot cryptic.
How did the partnership come together and or how did you meet Alex from the crypto team or from the cryptic team?
I keep doing that too, right? Alex, I'm going to let you go first here.
I know I did the same thing.
That's actually a fun story, too. It was back in my Verge days, actually.
I think his name was Tommy. Sandy, I don't. Yeah, that's right.
Back before Pavel. So Tommy reached out to me on Telegram.
But like just just like I got a random message on Telegram.
And you know the things we say in crypto, if someone reaches out to you, it's not real. Right.
So he's like, we're interested in listing Verge with with Unstoppable.
And then I was like, yeah, I don't think this is real.
So I didn't even tell the team. I just said, OK, put a put a GitHub pull request.
And then and then I'll talk to you then. That was like, like, that's all I said.
I said nothing else is like it's probably a scammer, probably like too good.
But I already knew of Unstoppable. I like what you guys were doing.
So I was like, OK, but it's probably not true.
And then a few months later, I got a message from Justin, I think, or someone on GitHub saying, hey, we got a pull request from Unstoppable Domains.
And then I checked my message and sure enough, Tommy's in my DMs like going like, hey, yeah, I set the pull request.
Can you get it accepted so we can list you guys? And I'm like, oh, shit, this is real.
And then after that, I talked to it. I talked to it, Lewis.
And then we talked again with Tommy and then we got we got the groundwork going.
And then Tommy Tommy left Unstoppable and then Pavel took over.
Really nice guy. Worked with him quite a bit last year.
And then, yeah, you know, life happens. So now I'm working with Sandy.
And like I said earlier, everybody I worked with at Unstoppable have been so nice, like so friendly.
It's always a joy. So that's that's how it's happened.
Yeah. And and Alex and I have have had some really cool calls.
We had, you know, a couple of a couple of things that we've done.
And he's been he's been very patient because I'm very persistent. Right, Alex.
And we've had a couple of really cool little group chats going on.
But my favorite time was Alex and I set up a call and I get on the zoom and Alex is there.
He's got paint on his shirt, a little bit on his cheek.
And I was like, hey, man, what are you doing?
And he told me he used to have a painting business and he was out painting.
I think it was a house, Alex, that you were painting. Right.
Yeah, I was I was painting my so my friend still owns this painting company and I'm waiting for him to get back from from from his travel trip to to get him his his cryptic domain for his company.
But he was coming back from like he was going on a trip with his wife and he needed help for painting.
So he's like, yo, can you come help me paint my house?
And I was like, yeah, OK, cool. But I have a meeting.
And then, you know, it's construction guy.
So he's like, yeah, I will be done like two hours before you call.
You'll have time to shower. I literally just got home.
I set up my my computer on the like on my balcony covered in dust and paint.
And I'm like, yeah, I'm not going in like I was going to shower with a hose, you know, before just to get it off.
And I'm just like, yeah, OK, so this is where we're at, Sandy. This is what we're doing.
But the cool thing is, you told me the story, which I love that story, because you also told me that you painted and kind of kind of gets you out, you know, of the cryptoverse, if you would.
And you're, you know, kind of in this other zone and it makes you really creative.
And I just that was when I was like, this guy is a soulmate, because I like to I like to piddle paddle to around different things because it just takes your mind off of what you're doing.
And then you can really create and really innovate some amazing things.
Yeah, exactly.
Like we have one of the listeners right now is my buddy, Ken, that I got the chance to meet through through Hyper Hub at the beginning.
And like we just brainstorm like we just brainstorm about food when we met.
And yeah, great guy. So shout out to Ken, who's in the in the listener.
Yeah, very cool.
Awesome. Well, diving deeper into the conversation here, Alex, I'd love to know how do you envision dot cryptic domains, strengthening the bonds of your community, as well as benefiting your native creative applications?
So for us, the idea was, like I said, we were building a framework for the wallet.
Right. So I hope one day we don't even call it a wallet.
We just it's just a funk.
It's a wallet function within the way to send crypto to people.
So it could be your your whole name, it could be your, you know, whatever you identify as.
And until the technology reaches that level of maturity, I really liked that unstoppable does, you know, like dot eats or whatever, but on multiple chains, so that people can use it cryptic.
Like the idea for for the cryptic wallet will be that people who send within the cryptic wallet.
So, for example, can I could just go and just just write in Ken and then send it to him.
The wallet will automatically fetch a dot cryptic and feed it in.
If it's to another cryptic user, if it's to a non cryptic wallet user, you put in the whole address.
But it also shows people, hey, yeah, if we have a cryptic address within a cryptic wallet, it makes it even simpler.
I mean, it can't be simpler than unstoppable.
But, you know, the idea is really to try to simplify for that user as much as possible.
So that's that's my my end vision is to basically, yeah, allow people to do that.
But also, actually, yeah, the TLD conversations a bit for later.
But it's also because then people can own a website that's also a crypto address would be like one of the end goals.
But that will be later in this call.
I mean, definitely. Awesome.
And Sandy, going deeper into detail on how unstoppable domains are used.
Could you explain that to any listeners who may be confused or have questions?
Yeah. So if you think about different use cases for unstoppable, I don't know why.
Hang on one second. I was going to post up here a profile because I love talking about the profile page.
But it looks like the Internet's giving me a little bit of challenge today.
So I'm going to post I'm going to post my Sandy dot crypto.
But I also have a Sandy dot cryptic.
But just because for whatever reason, I'm not able to get into that profile right now.
So one of the one of the use cases for, you know, using your domain is to set up what I like to call a LinkedIn for Web three page.
And if you see it, it's very cool because unlike LinkedIn, where you can write anything.
In fact, LinkedIn told me that 30 percent of the people who have a school up under their profile on their LinkedIn page actually didn't go to that school.
But there's no verification. There's no trusted verification.
So if you look at a profile page with your domain, everything on there lives or I would say most things on there live on chain and they're trusted and verified.
So, for example, inside of your profile, you can you can hold a ticket to, let's say, the Super Bowl.
And that proves it's like a proof of attendance.
It shows that you went there or a class, a certification.
So the bit degree does classes in A.I. and Web three.
And that certification really shows that you actually attended that class.
You didn't just say you did or just say you passed. It actually shows that.
And so I really am in love with the profile pages because they really show everything that's trusted and verified about you today.
And then in the future, it's going to hold so many more things that can be tokenized.
So California has tokenized a car title so you could have your car title there.
There are health care companies working on health care data, obviously not for public consumption.
Like I don't want you guys knowing my my blood pressure, for example.
So you can protect that data. University diplomas.
Another thing that you could put out there. I talked to NASA.
They're looking at doing space debris ownership as a tokenized element.
You know, retailers are using it to track authenticity of clothes.
Like, is this really a Burberry onesie?
And, you know, food suppliers are using it to show that cradle to grave everything is really sustainable.
So all of that can be stored in your in your digital identity.
And I think that that is pretty powerful because it's really illustrated or shown in that profile page.
So I think that's one of the you know, one of the ways that you can use it.
Obviously, we talked earlier about the number one use case, which is to transact in crypto.
So if I want to buy, let's say I want to buy a digital collectible or I just saw today that Ferrari is now accepting crypto to buy a Ferrari.
So let's say I wanted to buy a Ferrari and I want to pay for it in crypto.
I could use Sandy dot cryptic and buy that Ferrari because it would translate Sandy dot cryptic into my wallet.
And I think that would be pretty cool. Right.
I don't know if you guys saw that today, but but Ferrari is taking cryptocurrency actually only in in Europe.
But I thought that was pretty interesting.
So that would be a second use case.
And we have tons of them. Right.
You can also use it for a website.
So Brave and Opera and Chrome with an extension.
You could also resolve your your website through that.
And I think a decentralized website has a whole set of really powerful elements to it, one of which it can't be taken down.
We've all heard, you know, the the stories where a small business has their website up and then somebody pulls it down for whatever reason.
Sometimes they know. Sometimes they don't.
You can also use it as a digital identity, which means you have single sign on.
So we're integrated with eight hundred and sixty five different applications.
You can use Sandy dot cryptic or Alex dot cryptic to sign into, let's say, Snook, which is a game or Atari or a DeFi app or, you know, anything like that.
And I think that's really cool because that gives you a portable identity.
It's not just tied to a single platform or a single service.
You can do decentralized mail so you can, you know, have a what I would consider a doxed email.
They can send it to, you know, you need out my Sandy dot cryptic and then it will route to my Gmail or to my Outlook.
And so I can use that for a decentralized email service so that privacy and security is retained on it.
Man, there's so many there's so many other things I can do with it as well.
But those are just kind of some of them, not to take up the whole show, but just some of the use cases as well.
I don't know. What's your favorite use case, Alex?
What do you like the best about what you can do with your new Alex dot cryptic?
I really like the idea for the web page, but yes, it'll be a different domain.
But yeah, Alex dot cryptic, I already said, simplifying my simplifying my crypto addresses.
But I also I also liked I also like the badge system where you can see who's buying domains and whatnot.
That's I thought really cool. Thank you for convincing me for doing it.
Because at the beginning it was like I was like, but now I get it and I like it.
So, yeah, you can you can basically see how many domains people own, who owns what domains.
It's kind of useful, especially in a company setting.
So, yeah, that's really cool. Adrian, what about you? What's your favorite use case?
I'm very simple. I just love the initial use case of simplifying sending crypto.
So when I first started out with crypto in 2018, I would just take all my Bitcoin and I would send it to my Trezor and I would just keep it all in a cold storage wallet.
And every time I did that, I'd have to triple check and quadruple check and I'd get super nervous sending crypto.
And then I found unstoppable in 2020. And then it kind of clicked on how that use case, which it's our simplest use case.
But I love it the most because it just it works for everybody.
Yeah. And the fact that we get 30 million of those resolutions every week, you know, they often say that when a company comes out with something that their very first thing usually that, you know, is once and forever, always like their best product.
Right. I was just I know you guys aren't going to relate to this, but I was just looking at skin care and I have like the very original product that this company did.
It's still my favorite. I've tried other things and I like them, but I love the original one.
And that's kind of the way that a lot of this comes out, you know, is that your original use case is usually your pretty favorite one, you know.
Yep, definitely.
Bring the conversation back to Alex. Is there a specific use case that you wish Unstoppable could utilize now or in the future or just a creative idea you have on additional utilities?
I have a lot of ideas constantly.
Sandy is a witness to that.
But one of the things that I really like and this is what Sandy was mentioning about like owning space junk or Ferrari buying crypto.
This is also what I was telling my friend at a garage.
We could just put deeds on the blockchain.
So Unstoppable could definitely go into that direction and allow people to say, hey, I own XYZ thing like the NFT craze, but with like actual real use case in the real world and not just like the web world.
So, you know, because technically you can take a certificate of ownership, put it in a hash and then put that directly on the blockchain or associate it to your unstoppable domain.
And then somebody can verify if they have the key, you know, you are the owner of this because I don't want everybody to know what I own, obviously.
But, you know, if you're owning, I don't know, those deeds where you own trees in the forest or whatever, you can make NFTs out of that and say, hey, this is our environmental thing where you can say you own trees.
You own trees, it's on a blockchain, somebody can go and verify.
And then you have the sat coordinate, for example, and things like that, because people like the non crypto people tend to look at us like we're gas guzzling, coal loving, you know, just generally on environmentally friendly people.
But, you know, we don't have banks with thousands of like kilowatts of power every day.
We're more environmentally friendly when you're when you look at it that way.
So if we were the main form of money, it would be less energy demanding than banks.
But yeah, it would be something cool to do certificate of ownerships on the blockchain and unstoppable as well place to do it.
So that's a suggestion.
Be happy to look into it with you guys if you guys want.
Yeah, that's really cool.
Super cool.
I love that suggestion.
We are looking at kind of being the vessel that holds all these things that are tokenized.
You know, we're working with a couple of universities to kind of hold the the diploma, you know, the school that you graduated from, you know, looking to hold the the fractionalized ownership for, you know, for space debris or for ownership.
You know, we're watching really closely what California is doing digitizing the car title.
You know, we're thinking, you know, maybe in Austin, for example, it could be driver's license or, you know, ownership and property.
I don't know if you've seen property or not, but property also does ownership of property.
So that's what that's one of the things that they've done.
They've worked with real estate agents around the world and they're digitizing that, you know, your property deed or your lease or something like that, which I think can be really cool, too.
Yeah, it's a it's a really, really cool thing.
I actually did see them mainly because when I was in I was in Switzerland a few years back and I was looking at getting a patent and one of the companies is actually putting paid in applications directly.
I forget which chain it was like like a fork of a public chain.
I don't I think it was a fork of ETH that they were using with themselves and a few other ones so that you have the exact second that your application was submitted as a like proof of like ownership.
So, yeah, it's definitely the future and I'm glad you guys are doing that with certificates because it's just IDs and everything.
And it's just changing the framework of instead of having a dot SQL database somewhere that you need to pay a lot to maintain, you can just say, OK, the keys are accessible by this software for this person.
And the data is stored on a public chain.
You can verify the integrity of the chain and all the data is private.
So it's really yeah, it's just a new way to think about things.
And I'm glad you guys are doing it.
Definitely should be exciting going back to additional utilities with unstoppable.
So we have this posted up on the spaces here if you want to dig into the thread.
But going to Sandy, what are some additional utilities that dot cryptic domains could display through a successful ICANN or GTLD registration?
Oh, I think you're you're muted if you're talking.
Oh, shoot.
You are right.
OK, yeah, this was the other cool thing that we chatted about with with Alex that I thought was so cool.
And, you know, he got he caught it right away, which was, you know, we we wanted to partner with cryptic on taking dot cryptic to the GTLD process that ICANN has, which should start, you know, in the 2026 timeframe, you know, plus or minus all controlled by ICANN to see if we could get a branded TLD for cryptic.
And what I think is so powerful about that is that, you know, we are now tokenizing dot com, which means Sandy dot com both lives on the blockchain.
But I can also use it for my own personal website.
So that is searchable and taggable, unlike a decentralized website, which today isn't searchable or taggable through much of most of the search engines.
And so given that that Web 2 domain now really isn't a Web 2 domain or Web 3 domain, it's just a domain or an on chain domain that has superpowers of both.
What we'd love to do is bring those superpowers of Web 2 over to Web 3.
So dot cryptic would then still be able to transact in crypto and act as a gamer tag for blockchain games or do all the cool group chats.
But in addition, we could also then make it a searchable, taggable website that would complement what he may already have on Opera or Brave.
And so when I talked to Alex, he saw it right away.
We got that out to your CEO.
Gosh, I think within minutes.
I can't remember, Alex.
You moved really fast.
Oh, yeah, I was literally we were talking and I'm like, wait, let me send this to Louis because this is this is definitely something he'd want.
But that's how fast it was.
Yeah, I mean, it was lightning fast.
He was so interested in it and rightly so.
Right.
Because now, you know, the dot cryptic, if it got through the ICANN process, now it would have all those superpowers.
So, you know, we really believe at Unstoppable that the first asset will be an asset, not a Web 2 asset, not a Web 3 asset.
But it will bring and bridge the two worlds together will be this on-chain domain.
And so it's really cool to have cryptic participate in that and that innovative move.
And obviously, we have to wait for ICANN and go through the whole ICANN process.
But I just think it's such a powerful statement, you know, when you're going to see a company dot cryptic.
I think that's pretty powerful.
Definitely.
And we're really excited about that.
Let's see here.
So, Alex, where would you say that you envision cryptic in three to five years?
I want it to be like the main used wallet.
That's basically what I would like to see, obviously.
But for me, it's more of a technical utility.
So I want to see that the wallet is used in ways that people don't even think about it.
So that, like, basically, if, I don't know, I'm playing a game and Sandy tells me, oh, Alex, you need to send me $10, for example.
I can just send her $10.
I'm like, okay, I'm sending you $10.
But there's no interaction from the wallet.
It's just like the software knows, okay, this is what I'm sending.
This is who I'm sending to.
You know, as easily as you're watching.
I don't know if you watch Star Trek or The Expanse.
When they send a file, they just flick over a file at somebody.
That's kind of how I envision cryptic.
It's basically that we're demystifying crypto for people so that it's no longer cryptic, but that it has that sense of magic because basically it's, you know, a very complicated software, but it makes everybody's life easier.
So that's how I would see cryptic in five years.
Definitely, yeah, that's awesome.
And Sandy, going back into our badge system and different utilities on Unstoppable, what are the benefits of a token-gated group chat over a traditional group chat that our users may be familiar with?
Yeah, so let's talk about what a token-gated group chat is first, and then we'll talk about the benefits of it.
So if I buy a .cryptic domain and the URL to do that is pinned up to the top, I get a badge.
And that badge signifies that I bought a .cryptic domain.
Then we have a chat system set up to where people, anybody who has that badge signifying that they've bought a .cryptic, can now chat with each other.
So they essentially become a tribe or a community together, and they have this group that requires that they have a .cryptic to get into it.
And I think that's really powerful, because if you think about it, first of all, it enables you to have some exclusive access.
And many people today are looking for ways that they can participate, be part of a tribe.
I was just reading an article this morning that said we're still lonelier today than we were during COVID.
Like, people are really looking to connect and to use that, you know, that ability to now do a group chat to create a strong sense of community among members who have that shared interest.
In this case, it's, you know, we support .cryptic, and we're coming together for that.
For me, that's the number one benefit.
And a lot of our CEOs, you know, are out there using these badges to talk to, you know, segments of their community to do that community building.
So, for example, I'll use Pudgy, because they have a few more badges than Cryptic has right now.
They have a badge for all their influencers.
So Luca can go out there and tell all of his influencers in one message that, you know, there's some OG news coming out, like they just got funded $11 million for their new abstract chain, for example.
Or, for example, let's take MetaRides.
They have a group for people who were on the leaderboard.
So MetaRides is a game.
You race cars in the metaverse.
And if you're in the top one, two, three, four, five, you get on the leaderboard.
So you get a badge for that.
And so now, you know, the tribe is anyone who's won a race, and they were on the leaderboard.
So they become a group.
And, again, that's token gated.
So I love that, because it can really enable that strong community building.
And I think that's really powerful.
Other things I think that this brings to the table in is, you know, it also enables a sense of privacy and security, which we all know is super important today.
If you have a token gated or a way that you're, you know, blocking people in or out, it makes it difficult for non-members to access the chat.
And, therefore, if they can't access it, the risk of spam or unauthorized access goes up because only verified holders can get in.
And I also think that it can really enhance your users' experience.
Because, like, let's say that I'm interested in car racing or I'm interested in what, you know, Alex has to say at DotCrypto or I'm interested in a topic.
My conversations in that group are very tailored.
They're very relevant to what my token was, how I got in.
And, therefore, it enhances my overall experience.
It's more direct.
It's more meaningful.
I'm talking to people who are like me or support me, you know, as we go forward.
And so I think those are just some of the things.
You know, one of the other things I just saw this morning, one of our CEOs was out there.
And he was asking everybody in the group, hey, you know, we're thinking about doing this.
What do you think?
Do you like the idea?
Do you not?
So it's almost like he was using it to test his experimentation before he experimented, before he built
something out.
You know, we always talk about build, build, build.
He was testing out an idea or a concept with a group of people that were his tribe.
So a safe group to do that in.
So I think token-gated communities are super valuable.
And those, for me, are just some of the ways I think that they are valuable.
And I don't know, Alex, if you guys have thought about how you might lose those so far.
It's in the process.
I don't want to give too much, too much, too much.
Yeah, I don't want to say anything until we're out because it has to do with our wallet and
people using our wallet.
So it's going to come out.
Yeah, hopefully by the middle of August, we're going to be testing it.
And we guys will be able to, well, some of you guys will be able to test it.
But yeah, we're looking forward for it.
It's been a long journey.
And I'm happy to say it's coming soon.
Oh, super.
That's cool.
So you almost got some alpha out of Alex, but not quite.
You got alpha that the alpha's coming.
How's that?
Sometimes I know I can keep my mouth shut sometimes.
Yeah, it was funny.
We were doing a Twitter space the other day and the CEO was on, the CMO was on, and the
CMO said, oh, yeah, this is what we're doing.
And then the CEO goes, hey, you know, that was confidential, right?
We didn't want to share it.
I thought that was funny.
Yeah, it happens to me, too.
Sometimes I get excited and then I'm like, oh, yeah, we're doing this.
You think this would work well?
And it's like, yo, this is not need to know only.
Oops.
Yeah, it's true, right?
Yep, definitely happens.
And yeah, just passing the mic around the room real quick here.
What would you say excites both of you the most about the future of on-chain demand adoption?
I'll pass the mic to you, Alex, first.
That's a good question.
A lot of things.
Like, I like this space because we're just reimagining how things work.
So they work in a less centralized manner.
As we saw on Friday when somebody pushed a bad update, it can affect all of us.
And, you know, having stuff that's built on-chain, you can technically roll back to that portion that's working.
So, yeah, there's a lot of things.
I don't know the thing that excites me the most.
That's a really good question.
Everything excites me.
And I think if somebody said that to you, you'd be like, okay, he just doesn't know.
But, I mean, Sandy's worked with me for almost a year now.
So she can attest to the fact that I get excited for new technology all the time.
So just seeing what people come up with from, like, from what we saw as NFTs to the next wave of NFTs, which is, like Sandy said, propriety, intellectual propriety, ownership of certificates, blood types.
It's just a reimagination of existing services.
So from your driver's license to your medical card or your insurance, having things on a blockchain that only is accessible to the people that need to know that information.
For example, let's say there's a centralized data for your health care where only if you give the key to a doctor, they can access the information.
But you can also go on your portfolio and choose what information that doctor has access to, which speed up information sharing drastically while also lowering on cost of safety.
Because now you don't have one honeypot where everybody's going to try to steal that info.
So there's so much that excites me in this space.
It's very young and it's evolving in, like, leaps and bounds.
So the whole space is really cool.
Definitely.
It's definitely progressing pretty quick.
And Sandy, what would you say excites you the most about the future of on-chain demand adoption?
Yeah, I mean, I think it just makes everything, you know, easier for users.
I told this story before, but I think it's so relevant.
A girlfriend of mine was born in Venezuela.
She lives in the United States now.
Unfortunately, her mother passed away, I don't know, a year or two ago.
And her mom did give her her birth certificate as a piece of paper.
But recently, she needs it.
And she went looking for it.
She can't find it.
Of course, her mom's not around anymore.
She called up the hospital in Venezuela where she was born.
The hospital burned down.
So they have no record of it.
So she was like, what do I do now?
Like, how do I find my birth certificate?
So funny because she's not technical.
She goes, if I had that digital identity thingy that you have, it could be in there.
And I would have it digitized.
And it would be, you know, as a token sitting there.
And I could just grab it.
And, you know, isn't that true, right?
Like, how many folders?
I have a whole file cabinet of paper that I have to save just because that's the way that ownership or that possession of whatever that is occurs today.
And how bad is it?
And I'll give you one example that really blew my mind.
So my daughter took a class at a community college.
And so being a good mom, I wanted to go get the school records from the community colleges.
So when she goes to college, she gets credit for those classes.
And so I called up the university and they said, oh, well, you have to fax us the request.
And I had to pause for a second.
I was like, do I even know where there's a fax machine?
Like a fax machine?
Like, do you guys?
Like right now, if I said to you, go fax me something, could you do it?
Like, I was like, ah.
And so I asked him, I'm like, why fax?
Like a fax?
They're like, oh, it's so much more secure.
I'm like, yeah.
So I found the fax machine.
I had to go out to, I don't know, like a UPS store or something.
I found a fax machine, faxed it to them.
And they mailed me the transcript.
So through snail mail, they mailed it to me.
So it's a piece of paper.
And I was just thinking, how much time did I spend getting that document?
How much time did they spend?
Wow, if that was just a digital asset that they could have, you know, that they could
have just, I could have proved who I was, claimed it through my digital identity, and
it was just be there.
And then I would always have it.
How much more powerful that is.
Um, and so for me, that was, um, that was really telling, um, in the way that we look
at that and do that, it was really important, uh, that, that you, that you start to fix some
of these things, right.
As we go forward.
So, um, that's probably the things I'm looking forward the most is to make things easier and
to get my stupid file cabinet out of my office.
So I don't have to have all these pieces of paper, you know, from here on out.
Definitely.
Yeah.
There are some really old systems that need, need an update to say the least.
Facts.
Like, do you even know what a fax machine is, Adrian?
I've heard of them.
Um, I actually don't think I've ever, I don't think I've ever faxed anything in my life,
to be completely honest.
If you go to Germany, if you go to Germany, it's quite common.
Oh yeah.
Quite common to fax?
Is that true?
I didn't even know people, I didn't even know you couldn't even fax.
Like literally I had to run around.
You can't use email.
You can use fax.
Yeah.
Like how, how does that happen?
Right.
But there's an app, there's an Android app.
That's, that's what I was using.
I paid, I think $5 for a fax number for three months.
And then I could fax stuff for three months.
So I was basically taking a picture of the document and then faxing it there.
And then they were faxing me back stuff.
I was through an app on my phone because yeah, no emails.
Wow.
That's just crazy.
It's just crazy.
And I don't know how that's more secure.
I don't know if that's just a fallacy or what, but I thought that was interesting.
You know?
I think it's just because no one has faxes.
So you can't like, there's not that many, you know, the more technology gets old.
Like, like, you know, if you asked me to get a floppy disk, I'd be like, okay, that's weird.
But I know how to use it.
And I know what it is.
But, you know, if you ask the newer kids at the office, I'm sure they'd look at you like, what's a floppy disk?
So, or play a vinyl, you know, same kind of thing.
Like, it's just, it gets security because the people who use it are retired now.
So, it's true.
Definitely, yeah.
So, still lots of systems that need, that need updates.
Okay, yeah.
As we start to close out the space here, I'll just pass the mic around again for any final thoughts.
So, I can pass it to Alex first.
Alex, well, I wanted to say thank you guys for having me.
I'm really grateful.
Most of the team is asleep right now.
So, they were traveling, I think, somewhere in Hong Kong.
And, yeah.
So, it was a bit late for them.
So, thank you for having me.
And I hope I answered all the questions.
I'm really looking forward to being able to show people how to use Unstoppable directly from our wallet when that comes out.
And I'm looking forward to continuing collaborating with you guys.
It was awesome to work with you.
And it's always great.
Awesome.
Yeah.
And I guess, yeah, I guess my messages would be, you know, first, if you haven't got an Unstoppable domain, go grab your .cryptic.
On the page that's pinned above, you can, you know, walk through how you get it set up.
And if you have any questions, contact, you know, support at Unstoppable Domains and we'll help you.
If you've already got domains, given that, you know, Alex and team are going to look at taking this through the ICANN process, you know, this will have a lot of power both now and in the future.
So, take a look at looking at getting your .cryptic for sure, even if you have domains, you know.
And there's, you know, when a new one comes out, you have so many choices, too.
So, you can grab some really cool things right away.
And then finally, you know, a big thank you to Alex and the entire cryptic team, too, for having the foresight, for working with us so closely to get this out.
And, you know, the cool thing was the culture were so similar, right?
We were always talking about what will add value to the cryptic users.
What can we do for the cryptic users?
And so, I loved working with Alex and the team because they were so customer-obsessed about how this would help their users.
Not about them, not about us, but about their users.
So, it was really fabulous to, you know, to experience that together again as well.
Thank you, guys.
And thank you, Alex, for everything that you've done.
We really, really appreciate it.
Likewise.
Thank you, Alex.
And thank you, Alex and Sandy, for coming up for the spaces today.
If you need a .cryptic domain, the link is here in the spaces.
And have a good rest of your day.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
Thank you, Alex.
