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MELD with us. ππ€π΄ zkBanking Onchained.
Recorded: Oct. 3, 2024 Duration: 1:15:09Space Recording
Full Transcription
You know,
because there are no meld amounts on the banking stack so you will you'll buy this asset um and
then over the course of the next three years every quarter you can go in and you can withdraw
in meld tokens the value the dollar value or the or the fiat value of the block rewards that were
happening on chain so we think this is a very positive thing because it gives back to the
people that are actually working and and kind of participating in the meld ecosystem it makes for a
healthier relationship if you are a customer of meld um and you have these banking nodes then
you kind of you see you see a more direct relationship between the fact that you're
paying a monthly subscription or you're doing on-ramping and off-ramping and paying a fee for
that and then getting some of that back because you're actually helping to secure and helping to
facilitate the network so that's kind of the the thought process behind um behind the the banking
nodes um pepe do you want to sort of chime in on anything no i think like i'm just grabbing some
popcorn and enjoying the feature of meld hey jeremiah how you doing
you know hey guys um gmailed good to be here um ken you spoke very well thank you for elaborating i'm
doing very well been busy but um yeah just working hard trying to chop it up as you say
um i'm very glad that you've launched the node sale and that the community is receiving it very well
i've mentioned very well a couple of times but good to be here you know there's a lot of success ahead for
melt and i'm just excited to be a part of the community right here nice yeah i'm glad you're
here as well um and you know this is kind of this is very much kind of related to to the node sale is
related to uh a non-large city non-financial non-banker non-kind of investor crowd um and that's
kind of really where we're trying to push it and what we're trying to sort of do with it so um
so with that um we'll that we'll sort of open up for some questions actually let's do that first
let's open up for some questions if anybody wants to sort of uh either throw up their hand for a
question or they can um put it in the comments here i don't know maybe there are some already i
haven't checked let's see there are there are a couple of questions so rebel coder has asked in
telegram if we can go over the meanings of the real g the apy and return on the different tiers yeah so
so you have the we'll start with the dynamic one it's the dynamic um the dynamic node uh it costs 250 usdc
or usdt so we got here
and the yield has a floor so it has a minimum yield which is 10 but it has no maximum yield
so what that means is depending on the performance of the network depending on the number of of users
we get the depending on the amount of onboard on ramping and off ramping the amount of transactions
we do the yield that that those nft holders get is based on the activity on the network right well
the static is different the static is based on our forecast over the next three years of what our network
is going to do and then based on that forecast we decided to um specify the amount and that came to
a 40 48 apy so in the case of the dynamic node you're getting uh you're getting a yield based on that 250 usdc
value but the static yield is a little bit different in the sense that the static yield nft is a 250
or 250 usdc value but we're putting a discount on it for when you buy it so the yield that you get that
48 you get is on 250 usdc or usdt but the actual amount you pay for it in this node sale is lower
you're getting a discount in each of the different tiers and obviously the the the tier that we're on
now tier one has got the highest discount um i don't remember what the discount was uh let's see
what it says here does it say no it doesn't say i think it's like a 65 discount something like that
eight 68 discount um and then as each tier fills then that discount goes down and down so that means
that we're basically rewarding early adopters more and then as they fill up then it becomes less but
in all situations you're going to make money from it you're going to you're going to benefit from it
so it's a yeah it's a it's kind of a a pretty straightforward process um i understand why there's
a might be some misconceptions in regards to the amount you pay for it versus um the the value of
the actual nft uh but we wanted to do that as an incentivization for people to be able to um get in
early help us out early in regards to the network and then see the benefits on it so you're looking
at um in the case of the the tier one you're looking at a real apy of 150 so it's not 48 48 is based on
that 250 usdt value but because this is actually you're actually buying it for 80 um it's got 150
percent uh apy value and that results at the end of the three-year period as 450 so and then you'll see
those numbers on all of them as they go down um along the way so hopefully that kind of answers your
question op how you doing you there maybe not
you're on mute if you're asking a question op
gm meld am i audible yep i hear you okay good afternoon ken good afternoon meld pepe and meld africa
shout out to you on the great launch of the zk note so big ups to you i think that deserves a celebration
um so uh my question is can external banking system leverage the zk node is it possible
or it's only it can only be leveraged with your partner bank it's only leverage with with our network
and the the points at which our network connects to so we can't we can't go into a different banking
system um and do it there only if we have sort of you know approval or some sort of relationship with
them but let's say you send um you send your funds from your meld bank account to another bank account
that other bank account and that information because it's a connection into the meld system
that we do bring on to the onto the meld blockchain we do sort of push through the zk banking network
so it's only it's called a hop it's like the first first jump from yours so we're only um tracking the
first hop and then putting that onto our network does that make sense yes yes thank you it's called
a hop trip like the first first jump from all right um when is the first quarterly payment due for
to be paid that was one of the questions from papillon um that will be um what is it three months after
january 1st 2025 march so it'll be um like march 31st um 2025 is when the first um the first claim
will happen so it'll be a claim system so what you'll do is if you have that nft in your wallet then
you'll be able to go um and you'll be able to claim that uh claim those rewards based on the nft
that's in your wallet so there's one more question from tech tangle meaning asking if the nfts are
tradable in the secondary market and yes they are fully tradable and you can start selling yours or
buying it from other people and the moment that the tier one runs out maybe you are good selling it
for a little bit of profit for people that are trying to buy tier two but again no financial advice
exactly um so yeah one question uh i've gotten from people so this is only purchasable on the meld
blockchain so if you want to buy any you're going to have to take eth usdc usdt ada or avax and bridge
it across um you can just go to bridge.mel.com and you can bridge it across it's a free bridge um
and then if you don't have usdt or usdc you'll have to swap it in our deck so zomi um and then you'll
be able to purchase it but it has to be on the meld blockchain um and then it will show up in your
wallet and then you can take it wherever so it's um it's an erc 1155 nft that's on the meld blockchain
not on ethereum not on avalanche not on cardano on the meld blockchain so this is kind of the the kickoff
for a lot of stuff that's going forward now um i know we've talked about this a lot but um
both pepe and i have have we've been sort of like contemplating and we've decided that
we're going to share this information with you that next tuesday um i don't know what day that is
what is next tuesday eight eight yeah so next tuesday um i just lost my spaces where'd it go
hello people are dying i know sorry i'm just i lost my spaces my spaces has disappeared on me okay
let's see i'm just doing this to kind of okay here it is i think um so yes so next tuesday meld's
lending and borrowing protocol will go live on mainnet so we're finally there guys um
so no more waiting no more kind of it's coming soon um everything is ready to go
everything is set up we've done all the testing we need to do that we can do so on tuesday it goes
live um when it comes to the banking services we don't have a release date but what we can say
is we have submitted the final build to apple and as soon as we get that back then that will go live
as well whatever time frame that looks like when we have an idea of when that is uh we'll share that
with you guys publicly but we're now sort of looking at a number of days before mel delivers on
all of the things that we said we were going to build back in 2021 and it's been a really long it's
been a really long process it's been a really long trip um and there have been lots of difficulties
along the way but we are finally there we're finally at that point where we're we're not building we're
just um ready to launch and finalizing the last pieces um so we're not expecting a lot from from apple
we've uh already submitted the fiat version of our banking app to apple and it's just theoretically
it should just be a series of formalities and so by this time next week hopefully cross fingers this
time next week when we have the next spaces we'll have both banking and lending and borrowing live
in mainnet for all of you guys to use so what does that mean
basically it means that
everybody here in this spaces everybody who has been a part of the meld ecosystem since day one
so for the past three years will now be able to get a bank account you'll be able to handle fiat
um you'll be able to on and off ramp and you'll be able to do lending and borrowing
so you'll be able to take your you know take your bitcoin lock it up and bring it onto your wallet
and convert it into euros when the bank goes live um it will only support euros but that is a very
temporary step uh within a few weeks after the banking app goes live or the banking goes live
we will be adding um many many more currencies uh to the to the app so then it'll cover a lot of
different currencies um but we wanted to get the app out there first you know we'll probably run into
a couple of bugs along the way we'll have to fix these things um also when we launch um the subscription
fee will be at a lower price it'll be at kind of an introductory price of five euros per month um
if you sign up for the if you sign up for the subscription for the premium version
um then your on and off ramping fees will be 0.01 percent that's the fee for on well sorry 0.01 percent
plus one euro um if you stay with the free version then your on and off ramping fees will be one percent
plus one euro
also that five euro a month fee will be for the first year but as soon as we add these additional
currencies then our subscription fee is going to go up significantly probably two and a half to three
times the price we haven't set the price the final price yet but it will go up significantly once we
add those multiple currencies into it so if you want to get in under the under the radar when it comes
to that higher um subscription fee then the sooner the better um and then you'll be able to get access to
it uh additionally next week we will start taking um applications for business accounts so our mel
banking services are not just for for retail people just for not just for us but they're also for
businesses um so we'll be publishing the business pricing soon um and next week you'll be able to sign
up for a business account um go through that process and get approved and then get your business
account these are all really really big um sort of the the end of the beginning kind of events
and i'm really happy that we're here i'm happy with you know everybody who's in the spaces here
that's that's kind of supporting us that has supported us from day one it's been a really painful
process um and so for those of you who haven't been a part of that process since day one i'm just
going to kind of give you a kind of an overview of where we came from where meld came from and how we
started so in may of 2021 um i started working on the idea of meld i started sort of putting it into
formal terms i knew that i wanted to create something around lending and borrowing in a
defy space i wanted to build something that made it possible for users to become liquid without
selling their crypto um but when it came to actually turning it into a like a powerpoint or like a
presentation that happened in may so i started uh reaching out to people in may through connections
that i've made and we got a couple of investors very quickly and we were off to the races uh almost
immediately um then in june uh we put together this concept of an ispo so for those of you that
are not that familiar with it or not familiar with this a lot of people outside of the cardano
ecosystem don't know this yeah so also a good point when when we started this um when meld started
we were on the cardano uh blockchain so we were based on cardano we're going to be a cardano lending
and borrowing protocol um so we came up with this idea of an ispo uh initial stake pool offering which
in simple terms is a project sets up several nodes in a proof of stake blockchain and then they open
those nodes up for anybody to stake their ada or and it could work on any proof of stake blockchain but
in this case it was ada so you can stake your tokens um and those tokens will then generate a yield but
what an ispo does is the project that is running the ispo gets the yield and in exchange for that yield
the people that are staking they get an airdrop of that project's tokens in the case in this case
was meld um at the end of the ispo so our ispo ran for uh five months so we were the first first
project to run an ispo and it was incredibly successful so on the first 24 hours of running
ispo we had um 100 million dollars staked so it was kind of just flabbergasting we did not expect
this to be the case at all and within the first two months uh we peaked out at 1.3 billion dollars
staked um in the meld ispo so that was one of the core drivers on how meld raised money to do what
we're doing now so after that we started building um we were we had a team um that had been working
in the cardano space but ultimately after working with them for several months um the the leadership
of that team wasn't working um they weren't doing what they were supposed to do um and that team
ended up having to go by the wayside um at that point that's when pepe came on board so we brought
pepe on board um pepe's background is not in cardano but it's in ethereum um and we knew from
even from day one we knew that we wanted to go multi-chain um and that was one of the main reasons
for bringing pepe on board so he came on board we started um figuring out a bigger plan but we kept
on building the lending and borrowing um on cardano um we have a very very talented team in vietnam that
specialize in um very difficult programming languages like haskell for cardano um and once pepe came on
board that process of building that went a lot faster so um we very quickly then got our lending
and borrowing protocol up and running and we started testing it but unfortunately we ran into a serious
technical or serious security flaw um on cardano and that sort of gave us pause to um stop the development
on cardano temporarily um we open source the smart contracts on cardano um so that everybody could
see what we were working on and we said that once this security issue is addressed then we'll come back
to it so then we had already started the process of working on an evm version working on uh sort of
something that was more ethereum compatible and when we looked around at all the different blockchains
that were available in the space the one thing that we saw was that if a blockchain was
if if a chain became successful and its token pumped really hard the gas fees would go crazy
and it made that chain the success of of a of a chain was its downfall right and so ethereum is
the best example when ethereum goes crazy nobody can afford gas fees they're absolutely ridiculously
high and they're just getting higher right and so we decided that we wanted to build our own chain
because we wanted to make something that had predictably low gas fees and do it in a way that
made kind of that made sense to us from an economic model and so we put our heads together and we came up with
this novel solution for a blockchain where the block rewards for the blockchain don't come from gas fees
but they come from the lending and borrowing protocol you know we had our lending and borrowing protocol
we were now building it on an evm chain and we take part of that revenue and we give it to the block
we give it to the people that are running the network and what does this do this makes it possible for
you to sort of align people's goals that are on your blockchain so if you have a people people that are
running your chain um if you're on ethereum if you're running the chain you want high gas fees
and if you're using ethereum you want low gas fees there's a disconnect between what people want
to do their goals in meld we wanted to align that so it's aligned now where if if you're running the
network or if you're using the network the benefits what benefits you the most is bringing more um
assets bringing more money onto the chain more tvl total value locked on the chain the more total value
locked on the chain the more people are using lending and borrowing the more people that are using lending and
borrowing the more uh yield goes into the block rewards so think of it as imagine if you know the more
people that used ave the higher the yield would be um on your stake thief it's that kind of a mechanic so it
aligns the goals everybody is pulling to put bring more assets onto the chain but it also removes the
pressure from the gas fees the gas fees are only there to protect against ddos attack so it means
that with the meld blockchain we can keep our gas fees under one cent regardless of how much the meld
token is even if it goes up 100x or 300x it doesn't matter the dow can vote to bring the gas fees down to
keep them down so we have a a sustainable system that makes it possible for any any project to deploy
on the meld blockchain and they know today next year five years from now the gas fees are going to be
cheap they know that even if you know the meld token goes to five dollars that gas fees will be cheap
it's a it's a component that is predictable in the system so that you as a builder or you as a a person
that's using the system you know how it's going to behave and because we have one foot in banking
and or one foot in finance and one foot in defy we wanted to have a blockchain that could be used as a
payment network right that's what the original vision of a blockchain is as a payment network
and you can't use a blockchain like like ethereum as a payment network you can't you know if if you
have congestion on the network and your gas fees are 80 bucks and you want to buy a coffee it's just
not going to work and so we wanted to solve that problem in a more permanent manner and we've done
that and the engineering team uh that we work that you know that's part of meld they've done an
absolutely fantastic job we launched it in december um it worked almost flawlessly we have 30 nodes
running now we have almost eight million dollars staked um in the system it's it's been great so
we're very very happy with the results or i'm very happy with the results so on the banking side it
wasn't quite so pretty so on the banking side originally our goal was to partner up with
financial organizations that didn't work out um no financial organization wanted to touch anybody crypto
especially after ftx and what we ended up doing is we ended up sort of creating a almost like a a
joint venture or a partnership where we were going to be applying for our own licenses
uh with the help of uh of a separate of a third party entity and on the day that we were supposed
we spent a year working with them getting everything ready and on the day we were supposed to apply
they came back to us and said sorry we're actually not interested the very very last second literally
on the last day um so this was a really serious wake-up call for us it was a serious wake-up call for me
um i knew that finance was very very ruthless but i wasn't expecting it to be quite as ruthless as it is
and it made us kind of take a step back and rethink where we're at um what is it that we want to do with
this and so we made some changes to our system as a result of that experience so originally we had planned
on doing what everybody else did which was have one partner one party that can uh do all the banking
back end to do the the payment rails for you after connect pay which was the partner um sort of screwed us
we decided that that wasn't a good way forward and so we modified our back end our banking back end
this you know what's now the zk banking network we modified our back end to handle multiple connections
to multiple parties so rather than trying to put all of our eggs in one basket we said screw that
we're gonna go out and we're gonna get agreements with lots of different providers and then we get to
be the masters of our own destiny if one of them decides to screw us over fine go away we still have a
couple of other backups so effectively what we were doing what we are doing is we're trying to
decentralize the banking infrastructure that drives the meld ecosystem that drives the meld uh neobank
system and so we started working on this um and we've been working very very hard on this for
god i don't even know well over a year and now we're finally seeing the fruits of those labors come
to fruition next week where lending and borrowing is here and fiat um fiat deposit accounts and not just
fiat deposit accounts fiat deposit accounts we're able to offer in 160 different countries
companies this was also one of the big goals um it's something that our banking team has struggled
a lot with based on me giving them unrealistic demands but we've done it they've done it we are
offering it in 160 countries you know it's a global bank it's a global neobank um and i'm very very
proud of the whole team and what they've done and how they've built this and the perseverance that
they've kind of shown in this process and also the perseverance that the community has shown a lot of
you guys who are new um coming here um just after this kind of recent marketing push you don't realize that
a lot of these people here they've been with meld they've stuck to stuck to us and they've supported
us for almost three years and they've been through a lot of shit and they've gotten a lot of you know
we got a lot of grief when we announced that we were going to be going on to our own blockchain from
cardano we haven't we haven't kind of abandoned cardano although a lot of people have kind of accused
us of that um we've simply chosen to go in a direction that realized more for our vision um
and we're still supporting cardano we still have a cardano wallet we still have bridging
in the same way that we're supporting ethereum and supporting avalanche and we'll support other
blockchains going forward but our original community has been there for a long time um and
they've gone through a lot and they've kind of demonstrated their perseverance as well and so
they will have some degree of vindication next week when lending and borrowing goes live and when
they're able to get their meld bank account in the real world so hopefully that catches everybody
back up um to where we are now which is uh zk banking network node sale which i'm super happy with
we're approaching 400 nodes now and i want to open it up again to any questions if you guys have any
questions you can just drop them here in the in the comments from the spaces
um and then i'll try and answer them otherwise you can also raise your hand and i can do what i can
or we can we can pass it off to to pepe as well
um from my end reiterating what you just said like the the journey to get where we are has been
um very interesting at some days very good at others very bad at others but i think the result
is is very very nice and the team has been working really hard so and the lending and borrowing some
people know about this but the lending and borrowing has been actually live in mainnet for a couple of
months now uh with internal testing and like it's been there and the product has been has been very
solid we've been waiting for the a family clearly i've been more stable so i really want to make sure
that um everyone is gonna be going and testing and using the aluminum borrowing because it's the
the main protocol that we've been working for years on this so looking forward to it and also looking
forward to the next things that we're building like the ck banking and a bunch of other cool things that
i'm pretty sure people are going to start asking when that was left no doubt we're great um so
we'll wrap it up with that guys thank you very much um yeah the zk banking network node sale is going to
keep on going um oh wait a second we got a couple of requests here let's see we got um all right
gotcha all right
endo how you doing can you hear me are you have you been brought up on board no maybe you didn't
let's see oh there we go
who we got here and oh hey hey ken hey everybody congrats on the uh launch of the node sale
uh thanks i've got uh i've got a question i saw some comments in the you know the the communities
around uh onboarding um and wallet creation uh i know a lot of people are trying to create wallets on
mobile and uh i know that you know the mailed um um application is is desktop first for now uh is there
any plan to remedy that or second question when android no one android we don't know but um uh i
don't understand what your question is you're saying that you can't create a wallet on the web
no on mobile it's i mean you can but it's not easy it's not very intuitive and i saw some people
complaining about that uh i think given that we you know oh and that's it yeah yeah so so wallet
wallets are a bit pain in the neck um i know you can do it with um with metamask on mobile but it
doesn't seem to work particularly well but that is not going to be a problem next week because next week
you'll be able to download the meld app um and you'll be able to have a fantastic um both meld ethereum
and avalanche and cardona wallet on your mobile device so um that will be addressed in a matter of days
now that's awesome thank you yeah dc king how you doing
hello you have to you're a mutant yo yo sorry sorry um jim jim um jim meld uh jim meld africa um
um okay um i got um i got introduced to meld by my friend here rain so um i just really love
how would you cut here sorry guys um i just really love what meld is actually quite beautiful
sorry guys give me a sec please please i'll i'll speak up
anon how you doing what's going on ken this is exciting hey glad you could make it yeah of course
i i woke up early for this one are you kidding me no doubt no doubt i was i'm you know i'm i'm up i'm
i'm doing my my thing in the trenches on uh mainly solana and you know uh as someone who's been in the
space for um about four years i have had some professional opportunities but i also like to
trade i'm a dgen i like to gamble i'll admit it but it's not all i want to do with the blockchain right
and so when i'm over here you know uh hopping from chain to chain following the liquidity around
but there there's really nothing of substance there there's really nothing that actually
is meant to be sustainable and there's really nothing that is um innovatively applying the
blockchain for what i feel it was intended for right permissionless trustless um you know having this
accessibility universally right uh you know these are some of the foundations you know the principles
of of of why uh people uh should support crypto and so um when i you know was doing my research on meld and
uh you know i've had a couple conversations with with people like spencer um i was able to
you know uh kind of become more educated that wow there are still people that are trying to
innovate and that are still trying to approach the blockchain in a more wholesome manner in a more
altruistic manner in a more uh mindful manner as to how can we really empower people how can we protect
people how can we preserve you know some of our our freedoms and liberties if they're not right like
i don't want to go down a political rabbit hole but depending on where you are in the world you're
starting to realize that maybe you know the the authority you know the the system is not in your
favor it was never designed in your favor and and there is a lot that feels quite unfair quite inconsistent
um and and and maybe even you're uh worried about whether or not it will always be an availability to
you if if you will uh you know uh it shouldn't be a privilege right like it should be something that
is a guarantee that people can safely transact and that people can um you know be able to access these
types of options and opportunities uh for their for their finances and banking um without having to
worry that they're going to show up one day and be told no you can't withdraw that money like no you
know you're not playing by our rules you're not in line with you know uh the the system right like
we've we've seen we've heard uh you know headlines of like canada and uh and i'm sure other places where
people literally just get cut off because of you know their political dissidents and as someone who
you know at times is very dissident uh that is something that i'm fearful of and so i'm sorry
yes so so to have uh alternatives right that's what the blockchain should be promoting is alternatives
to the traditional system that has failed us and that's what i think that meld is um you know looking
to pursue and and to be able to offer its community um and i think that this is something that you know
needs to be spread far and wide we need a return to people that are approaching the blockchain seriously
because yeah every once in a while you might get a meme coin that breaks into the tick tock algorithm
and onboard some web to people but i i just think that there needs to be more of a focus on you know real
values and and and real sustainability that people can rely on that people can have you know some feeling of
reassurance and security that it's going to be there when they wake up every day and that they're not
going to have to worry if you know their their money is going to be locked up or inaccessible or whatever
else so i just wanted to kind of start with that as far as uh my initial impression of what meld is
say one more time
i think we may be having some twitter problems as well
i think we may be having some twitter problems as well it's around the hour so twitter usually
it doesn't really doesn't really doesn't really like to work very much yeah ken can you hear us you're on mute
i don't know what's going on
i don't know what's going on
it's getting out um everything everything just like went dark for a second i think it's like
it's listening i was about to say right
the the the people pulling the strings are like hey
stop trying wait a minute stop trying to you know uh shift the focus we're we're in meme coin
season we're not talking about real shit yet exactly no but i mean when you think about it you know
that's this is the whole principle behind bitcoin right and when you kind of realize that you know
on any given day tether and usdc freeze north of a hundred wallets on every given day
and these are some of the things that sort of you know we're not trying to create anything nefarious
we're just trying to create something that is fair that has that basic premise that
it's your money it's not somebody else's money it's your money and nobody can take it away from you
that's just a simple premise this is what bitcoin is built on it's one of the major
sort of pillars in the space
but you know kind of coming back to to kind of the world that you live in and on in order to have
the culture and to have that culture where it can kind of thrive in it can stand on something
that it can count on you need that sort of foundation part you need the part where you can
predict that it's not going to be locked up you can't be taken away from you it's yours it's going
to operate in a specific way and when you have that then you can build the culture on top of it
and so for those of you guys that don't know anon he's he's he's an og in the in the crypto culture
side of the space uh no way have i have i have i graduated to og like i'm i'm just you know
the start of my second cycle here and i i when i think og i think like you know kobe gcr
you know maybe cz those are the ogs you're an og right i didn't think i was an og but uh i i i've
earned i've earned a few of my stripes right i've definitely you know gone through some of the
the shifts in in narrative and and meta not even just with you know meme coins and alts and things
like that but you know i had a whole nft cycle as well and you got to watch as people
really uh transformed and evolved from things that were low-hanging fruit and really low effort to
those that uh actually tried to innovate do something creative you know apply the blockchain in a useful
way in a meaningful way and you know i i think that with crypto uh as a whole that it doesn't always
uh you know in the past uh it doesn't and it's silk road right like back to the origins as far as you
know who it attracts there are a lot of people here that are are not going to register with this until
it is actually a threat right until there is something that happens in their lives where it
becomes front and center slaps them across the face that you need this that this is why you came to
the blockchain you may have forgotten in in your degen hysteria and and you know the just uh uh you
know the shell game shuffle of of you know jumping from one thing to the next pvp culture but as far as
what what is going to really uh make a sizable impression what is going to make the most impact
what is likely to draw the attention of you know people around the world uh both you know here
already in crypto but also those that like i said maybe are fearful of you know their their liberties
and their sovereignty uh financially or even you know some people that are potentially in uh you know
large corporations or in government that even they are acknowledging that the system is archaic
that the central banking system is corrupt and that we need to start moving away from from these uh
you know these these customs uh they're not working for us it's not in it's not meant for you know we
the people and crypto is you know it's whole cypherpunk kind of like ethos is that it it this is this is you
know kind of uh i don't know taking that taking that what would you call it now is it is it accountability
responsibility it it should be in our hands and then it should be you know in the in the in the hands
of the tech that is enabling these things to be possible where agency yes it's agency
you want to be able to you don't want anybody to take your agency away that's really what it comes
down to in the end we need to be able to make our own bad decisions but also be able to make our own
good decisions and you know part of what what meld really wants to do is build a system that preserves
agency but also gives the right amount of information and the right type of information to people
so they can make a good decision you know that's at the at the in the kind of purest form that is
the definition of capitalism right where you have an educated consumer base that makes their own
decisions based on the knowledge that they have so it's an educated decision that people make when
they want to buy something or sell something and you know we're not going to get into it right now but
sort of you know advertising kind of distorts that and ruins that but we really want to try and bring
at least a little bit of that back when it comes to people and their ability to build up wealth
and build it so that you know in the long term they have some degree of security
so rain you've had your hand up for a little while what's up all right gmgm ken
am i saying that right rain ryan can you hear me rain this is rain mom can you hear me ken
uh we can't hear you mate uh i can't hear anybody so i don't know if i can you say something okay so
so ken ken wait um i'm so sorry right this is great
jesus christ if you can hear rain then just just give me a hundred if you can hear rain
i really love to i would really love to get a hundred
okay okay okay okay okay yo okay i'm not i'm just gonna keep it short you know it's it's a vibe
here you know just vibing with oh my goodness guys if you're not on melt if you're not on
meld is literally the blockchain where you could be on all blockchains in one blockchain for me
that is it all blockchains on one blockchain guys so of course and you know you know you know the
vibe right i'm here i'm here to like support my favorite blockchain at the moment guys and even
though i know yeah but the network on x has been kind of messy it's it's been kind of crazy lately but
it's all good and yo big shout out to crypto moose with the booze oh my goodness i just i don't know
i don't know i i'm kind of like you know today i made a post i made a post on x i made a post on x i
was like i'm so emotional and a whole lot of people were like why are you so emotional what's going on i
mean like you need to explain why you're emotional and everything and everything guys i was kind of
emotional yeah just because of crypto moose because i literally been watching crypto moose and it's been
so crazy and guys crypto moose has been really really supportive of meld especially meld africa and
guys you you you don't want to be fading i mean and yeah i gotta find out like he's canadian
and i don't know i love drake i know i know crypto moose you know drake is canadian i love drake he has
one of my favorite songs i mean god's plan and i feel like this is god's plan right now but no i mean
that was the reason why i was so emotional crypto moose support in meld africa guys it's it's so massive
and guys you don't want to you don't want to fade a blockchain that supports you on all blockchains
that you are especially for the fact that you're so early and you got i mean you got that you got the
best guys holding it down here everybody here is we just got the vibes and okay i'm going to tell you
my meld story oh rule is in the building rule is in the building that's my blood guys how how did i get
onboarded or meld so i was questing right i was questing of course yeah i'm just going to keep it
so short so short i was questing and you know trying to just hope on spaces on x and i just found
the space it was raw dog i found raw dog and i went through to the charts on tg then i saw the market cap of
the project i saw the amount of people in the chat on tg and i was like yo this is massive and i was like
rule was popping you need to be here and we need to be here and that is exactly how we got onboarded
or meld and guys it's been it's been so great super super super duper great i met my i met i mean the
whole lot of projects i i knew i found crypto moose crypto crypto moose is actually my favorite person
you guys don't mind me hyping crypto moose this much but i actually like his vibe he has that much
five and you know he just gives the mail record system that much vibe that he needs and yo guys
you don't want to be caught fading a blockchain that really really supports you on all blockchains and
big shoutouts to you guys being here i know x has been super super duper buggy but yeah keeping it
short i'm gonna mute my mic here big shout out to meld and yo guys i love meld so much crypto moose
ken everybody meld meld africa big shout outs to you guys and everybody on the space made raw dogs y'all
are amazing i mean i'm super super stoked y'all know you understand you know the vibes can't wait to see
you guys live meld africa event it's gonna be super super super amazing mail tonight oh my goodness
super thanks so uh we have to we have to close it out now we're well over the over the hour mark but uh
thanks everybody i really appreciate it i hope that sort of uh it sort of um made some things clear to
people that haven't been here for a long time um that just came in but thanks everybody i really
appreciate everybody joining uh have a great day and uh yeah just keep on pushing on the node sale and
and talk to you guys later
