Hello everybody and welcome to another week of our Metropolis World Talks where we are discussing any and everything it takes to build and operate a capital city in the Metaverse. Today I am joined by our very special guest
from our own team. I'm joined by both of our co-founders, Rania and Rashida Jami, as well as our CTO Joby. Rashida, would you like to say hello? Do you have any special announcements before I get to our guest for the day?
Really excited to be here. Very excited for this space. No major announcements. I'll try maybe at the end to drop a few bits of alpha, ramble, or working on, but looking forward to this conversation.
All right, sounds good. Then I think it's about time that we'd go ahead and jump on into it. So today we are joined by a very special guest, Flair Network, who is one of our founding citizens in our Genesis city of Celeste. Now, Flair Network for anyone who might be unfamiliar is an EVA
So this basically enables the use of, enables new use cases and monetization models while allowing apps to serve multiple chains through single-digit.
Applame it. Now, from Flare Network, we are lucky enough to be joined by their co-founder and CEO Hugo Filion. Hugo, thank you so much for joining us. How are you doing today? Hey, I'm great, thanks. Thanks for having me. Of course. Now, just to kind of get us started off, would you be able
give us like a general high level overview of Flair just in your own words. I would love to hear how you describe it to people. Absolutely. So if you think about layer ones, you know, you think about things like Ethereum, I've launched Cosmos Bitcoin, XRP, but you know, these are isolated ledges.
They're really good at coming to consensus or in some cases like Salam al-Asuku to consensus over what has happened on the chain. This is of course a perfectly acceptable model of blockchain. Flair however is a
So it uses the same smart contract language as the Ethereum network blockchain, such as the layer one blockchain. And it has two additional protocols that make it, we think an interesting and useful
addition to what's going on in blockchain. And those two protocols allow essentially in brief, allow data from outside of the network to come to the network in a secure and decentralized manner, and they're secure directly by the network itself rather than some application that sits
On top of the network and has lower security or in many cases are basically centralized. So Flair has two pros to cause the first being what we call the Flair Times Series Oracle, this is for what we call Times Series data. There's a data that essentially moves over time.
So to give you an example, we currently collect prices of various crypto assets that three minute intervals. Those assets don't necessarily have a single source of truth because there's many different exchanges that trade them. So it's very hard to come to consensus.
but what that truth is and so you have to have a waiting methodology. So that's the FTSO and it's good for things like prices, indices, carbon emissions data, really anything that is probabilistic and moves over time and maybe doesn't have a single source of truth. Then we have a second-period's