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Ontology in Web3 Past, Present, and Future.
Recorded: July 14, 2025 Duration: 0:57:41Space Recording
Short Summary
Ontology marks a significant milestone with seven years on the mainnet, launching a 10 million DID fund to support builders, and introducing innovative projects like a decentralized messaging system. The conversation highlights trends in privacy, growth in user adoption, and strategic partnerships aimed at enhancing interoperability and security in the blockchain ecosystem.
Full Transcription
Thank you. Thank you. Thank you. good morning everybody just uh quick mic check make sure everything's working give me some
hands up or claps or love hearts whatever you fancy if you can hear me okay thanks dave thanks
claire uh that's good always good to be heard on a monday morning we're just getting everybody up
onto the stage and everything's sorted so as always you know the first question i could ask
everybody is please do share the spaces
on x just uh give it a retweet and let everybody know we're live as we just get everybody online
and get set up so just bear with us for a couple of more minutes and make sure everybody knows we're
live Thank you. I think I spy a couple of people in the audience who should be up on stage.
I'm going to try and get an invite in, but if you can request to speak as well, I can get you added.
That'd be really cool.
I think I see Kendall and Bella down there, but I just can't get that invite across.
So please do request to speak. Thank you. Okay, we're pretty much there.
We're pretty much everybody on stage.
So let's not hang around too much longer.
And let's get started with our anniversary spaces.
We had a bit of a team space about a month ago, and it was a lot of fun. And let's get started with our anniversary spaces. We had a bit of a team space
about a month ago, and it was a lot of fun, and it was really useful. And I think people learned a
lot. So we decided it would be well worth doing it again and just getting the team together to
share some insights, to look back on our time with Ontology. We're seven years in mainnet, which,
you know, in Web3 terms, is an absolute lifetime. It's a great testament to any project that can be building and working for such a long
period of time in an industry that changes and moves around so quickly.
On top of that, we've had this laser focus on decentralized identity, providing access
to tools that are absolutely required for any project building
in Web3.
So that's also really exciting to have that as our core focus and that continued core focus,
giving some stability to projects in a space that doesn't always have a lot of stability,
right?
So that's really cool.
And I'm always very happy and very proud to be part of that as well so if we can just do a quick check on people on stage if you can hear me okay
if you can speak okay that'd be really cool so you know who have we got here we've got
Claire I see you up there all loud and clear for you yes good morning happy Monday I'm good to go
yeah excited to kick off.
Perfect. Thank you very much. And Dave, you're up here as well.
Yep. Yep. Excited to join. Hope everyone can hear me okay.
Oh, we've got everybody. William, over on Ontology Wallet. You're here. I can see you there.
Yes, clearly. Thank you.
Really? Thank you very much. And we've got Bella. Good morning, Bella. Oh, good afternoon, Bella. Oh, Bella's hiding from me. She's gone shy.
Randy, I'm not sure if you're at your mic on there.
Ah, here we are. Good morning, Bella. Good morning.
Good to have you here. So anybody in our community will know Bella really well. She's very active
looking after everybody, making sure everything flows really nice on all the events and everything.
Randy, good morning. Yep, yep. Here I am. There we go. So we've got nearly everybody up. We're
just waiting for Kendall to join. I've dropped him an invite, so hopefully he will be up very shortly.
And then we've got, oh, Kendall, good morning. I think you're up here now.
Hey, good to have you up here. We don't have you quite often enough, so it's really great to have you here. So yeah, good morning, everybody. We've got the full huge amount of the team here. We work very hard behind the scenes
and in front of the scenes. You'll have spoken to a lot of us. And we've got a lot of the
Ontology ecosystem represented as well with OntoWallet and Orange Protocol here as well,
which is really great to have us all at the same time together. So the idea of this space is a couple of things, right?
We wanted to catch up on just the anniversary,
what seven years have looked like for ontology.
But on top of that, we wanted to just catch up with what we're working on now,
what's happening moving forward and everything that's going on.
I want to keep it reasonably structured, but not too structured.
So I'm going to give everybody the chance to talk when they want to, to have their stories and so on. I want to keep it reasonably structured, but not too structured. So I'm going to give
everybody the chance to talk when they want to, to add their stories and so on. And so rather than
listening to me much longer, because I've spoken too much already, let's get thinking. And as I
say, we're celebrating seven years of Ontology Mainnet, which is a huge milestone. And we've got
members of the team that have been here various amounts of time. So
obviously, everybody's from a different time period that came in. So I'd love to hear from
people, you know, in terms of milestones or moments over the course of the time you've had
with Ontology or the time you've known Ontology within those seven years that really stand out.
And I'll kick that off for me in terms of personally, the big milestone that I think was so important for us at Ontology was when we
got the EVM up and running.
I think it allows developers to come in and develop really easily.
It allows them a platform that they understand.
And I think it's an essential part of an ecosystem, I think,
for developers to build on.
So for me, I remember that EVM coming out.
I remember seeing all the articles coming out. I was involved in promoting that as well very early on
in my time working with Ontology. So that really stands out as something that we really push
forward and has been a great addition to that tech stack for Ontology. So that was something I really
like, as well as some of the other things I might touch on later. So anybody else want to jump in and just, you know, what really stands out for
you within your time at Ontology, the things that have come through and things that you're really
pleased with? I'll jump in. Good morning, everyone. Jeff, thanks so much for hosting this.
It's great to kind of see the team together, especially on a Monday morning slash afternoon.
But yeah, great way to kick this off. And yeah yeah so I've been on the team for just about two
years now I lead growth and you'll kind of see me popping up all over the place um but yeah for me
personally yeah Jeff obviously I have to agree with you but I think you know there's been a lot
over the years and I think if you look back from the very beginning but I'll focus on kind of what
a major milestone that I was particularly involved in and that was the 10 million DID fund that we launched kind of last April it was great to kind of be involved in that
I think it it was a really I think this was a milestone that stood out for me because it was
a really nice kind of signal kind of how we've moved forward with this kind of you know talk
around identity to actively funding folks right any of these builders educators and and integrators
as well so that was really really cool to be involved in.
And we learned a lot from that.
Like we're taking still away a lot of learnings from that.
You know, things like how we can streamline this process.
What are builders really looking for when it comes to this type of support that we're offering?
Like we're learning more about pain points, how we can update our contents and our documents.
And I think that actually led to this gaming series that Jeff and Humpty were hosting and also had a big impact on the 2025 roadmap.
So hopefully we might see this revived towards the end of the year into the beginning of next year.
But yeah, I think it was something really great to be involved in.
Yeah, I totally agree on that, Claire.
And just to double down on that, learning points on those as well, understanding that it's not always just about funding. It's about lots of other things in terms of documentation, in terms of how we support builders, and really, really trying to get to grips with those pain points builders experience for developing.
It was hard.
You know, it's really difficult.
So it was a really, really useful process.
And as you say, it's still informing the things we're working on and improving now.
So that's really, yeah, absolutely agree.
Anybody else want to jump in with any memories on there?
Okay, we're a bit shy on the memories.
Maybe people are too early in the morning or too
too old to recall their memories i thought i was the old one on here that's okay uh let's know so
let's let's move on and think you know i think me and clad just summed up those two things on there
you've got the did fund you've got the evm and what that underpins really is ontology's attempts
and efforts and real endeavors to remove barriers.
We launched a couple of years ago, one of our key cornerstone messages
was this idea that we're trying to remove the barriers in Web3,
both for users and builders, right?
And so that was really important to us and remains really important.
And so I guess that brings me to this idea that, you know, there are big challenges in terms of building decentralized identity out as a framework.
And there was a time when the standards around BID weren't even set up.
They weren't even there as a framework to support us.
And so I guess my question is, and I'd like to throw this one out to Kendall, is, you know, what were those challenges that you faced when you were building out decentralized identity?
Before those frameworks existed for you to work with, what were the challenges around that, Kendall?
Okay.
Hi, everyone.
As many of you know, Autology was founded at the end of 2017, and from the beginning,
we have focused on the decentralized identity and data as our core mission.
Around that same time, W3C launched two community groups around DIDs and VCs and just released
drafts.
Back then, before the DID framework became became standard, one of the biggest challenges we
faced was the lack of common language and interoperability.
Everyone was doing their own things, no shared standards, no constant with tool resolver
identifiers, and almost no tools to work with.
We had to not only design the identity model,
but also build everything from scratch.
Resolvers, credentials formats, and storage seats, and more.
Getting partners or developers to adopt non-standard and custom
step was tough, I think.
But in facing these challenges, we gained a much deeper understanding
of what decentralized identity is really about,
like user control and trust anchors,
which helped us build a solid technical foundation.
Another challenge, which was being with us from the start
and will probably continue,
is helping users understand
what a decentralized identity and data actually mean
and how to apply them in various cases.
That's something we are still working hard on,
but I'm confident that as a technology
and as things in nature,
this challenge will become much easier to overcome.
Thank you very much, Kendall.
And I think that's really important.
You know, decentralized identity feels like,
I've been talking about this for about five years,
you know, Kendall's been working on it for much longer.
And the idea that it feels sometimes
like it should just be standard now,
like we should just have it in Web3.
But the challenges we had in developing this,
because it was so new and we didn't have a universal language,
didn't have a universal way of talking about it,
is really, really difficult.
And we still face those challenges today in terms of, you know,
because it doesn't stand still.
Now we're talking ZK Proof, ZK TLS,
and we're constantly updating the language and what is required,
which means we're constantly having to educate users
and developers and all these different things.
So that universal language that sometimes
in more mature industries we take for granted
just simply wasn't in place.
And then that makes development much more difficult.
So thank you for that, Kendall.
Really useful to have that insight on there.
And I guess linked to that as well, you know, because of that constant updating, because of
that constant change in what it means to use decentralized identity or what privacy is,
I guess that, you know, I'll throw this open to everybody on the call as well.
How have you seen that narrative around privacy, around decentralized identity
shift over the seven years?
Right. Because it's not the same landscape as it used to be.
So what have you noticed of the changes in those decentralized identity and privacy landscapes over this time?
Yes, Jeff, I think I can take this on.
So I've been with the ontology team for over six years, and I can still remember
when I just joined the team in 2019. So people still have limited knowledge about decentralized
identity. So they don't even know what ONTI framework is. So our efforts are focused a lot on education, to telling people that how it works and
what it is and how you can use it in your daily life. While in 2020, I would say that people
are paying more attention to about ZK proofs that can actually help them to take the control of their data and privacy.
And they start thinking about how the interoperability could be.
So we are starting talking about cross-chain DID solutions on Ethereum, Polkadot, BSC,
and other blockchains. So that's the reason why we have the ONT ID deployed on different blockchains
to making it more seamlessly adoption.
And then we are coming to the DeFi some days and trying some new things
around combining DID with DeFi.
Let's say we are trying to leverage our O-score,
which is a credit scoring system based on the on-chip behavior
to do something around under-collateralized learning
to show the DID's utility in finance.
And we actually using that and working together with the win finance team
to adopt that um well for now that there's uh lots of the players that are around the did uh field
like uh we are talking uh having so much communication with like protocol id uh like solana id recently and we are
a negotiation that's how we can work together and pushing the more adoption around the id so
it's very different from the early days people are paying more attention to that how they can adopt their DID tech
knowledge within their daily life so that's the reason why we have orange
protocols yes people can actually having their control of on-chain
reputation with the combination of DID and pushing that into their daily life.
And on top of that, recently we are also working on a messaging system called,
we don't actually have a name yet,
but it will help people to using their DID to communicate with each other
communicate with each other with the help of AI. So the whole history tells us a lot that
with the help of AI.
DID has become the key concept. And I'm pretty sure that we see more and more regulation
setting up that we will have the actual use case for massive adoption of DID.
Yeah, I think that's really interesting as well, Randy.
You match up that idea that Kendall was sort of bringing in
about that shared language.
And we have to have that shared experience with the other DID providers, other decentralized identity providers, that we have to come together to build together to make sure that shared experience is there for users, that it actually makes a coherent picture across every identity provider and so on.
And that's one of the things I've always been impressed with ontology is we've always reached out to other projects, to other people to say,
how can we make this space better? How can we make it work for everybody else?
And I remember talking with Humpty in Brussels last year around that day-to-day use of identity.
Actually, people don't want to just set up an identity. They want to take it into their everyday lives and make it useful. They actually want to take it and do something with it.
And that's what we're now looking at building out. This is, you know, linking back to Claire, talking about the DID fund and
applications and supporting developers. This is the entire point now is, is how do we make it
improve people's lives on a daily basis? And I think that's a huge change we've seen in the space,
you know, developing together, working together to pull this space into something coherent, and then making it accessible for people to actually use these
products in their everyday life. And, you know, it kind of, I like the fact that you spoke about
Orange on there as well, because I think Orange Protocol is something that really enables ontology
ontology to do that and push that forward so just a heads up dave i'm about to put you on the spot
to do that and push that forward. So just a heads up, Dave, I'm about to put you on the spot.
um because you know i i think when i think about what what makes ontology's vision you know today's
vision work what makes it stand out against other providers or other blockchains and other things
for me i guess is that um overall ecosystem of things of which OntoWallet and Orange Protocol are part of that.
And I guess, you know, with that in mind, Dave, you know, how much do you think something like Orange Protocol really separates Ontology out, you know, in terms of its vision around DID and zero knowledge proofs and self-custody?
How important do you think that is is the entire ecosystem?
Oh, I saw Dave on mute, but I can't hear anything.
Can anybody else hear Dave?
No, nothing from my side.
Okay.
I saw you on mute, Dave, but we can't actually hear you,
so it might need to log in and log out.
Well, Dave does that.
Anybody else you know just want to talk, maybe William, you know about OntoWallet's role in allowing people to easily create the IDs and easily use those things, including Orange Protocol, actually, as something that really helps Ontology stand out against the crowd on that?
Yeah, I think I thank you for the question. I think one of the one of the things that make
Ontology the Ontology ecosystem stand out is that like OntoWallet and Orange Protocol, they're all part of the ecosystem. And what users can do and buy onto wallet is that they can easily create
a decentralized identity, a DID, a non-ID
and use this ID to manage their assets, their data.
And they don't need to remember a lot of
like different accounts clunky things. and they just use this one ID to
access all these services within Unterwallet.
I think this really lowers the barrier to entry and makes
Web3 a lot easier and that's why we call Unterwallet,
and we'd like to position it as a gateway to Web3 for both for like crypto natives and also for new users who want to try out Web3, but maybe a bit afraid put off by the complexities of Web3 services. And so I think another thing is that
with this decentralized identity integrated services
integrated into onto wallet,
it really helps users to manage their crypto assets
and their data,
and also to make sure that they have the knowledge that their data in their own hands,
they have total control over their own data, their information,
and they can rest assured that their assets, their data are very safe,
and they have the total say of that.
So I think from my point,
this is really what makes the Ontology ecosystem stand out
and also make it very easier for users to get on board.
Yeah, I totally agree.
And this is back to that theme, right,
of that removal of barriers, removal of obstacles.
And I think that is something that helps Ontology to stand out.
We have the OntoWallet there that people can very easily get involved in.
And we also, you know, just a quick shout out for anybody who's not involved with Ontology yet.
We do have the Ontonaut starter package.
Makes it really easy to get involved.
You know, just jump on Telegram or on Discord and ask us about the Ontonaut starter package.
And we can make it really easy for you to get involved with staking, to get your first assets, to understand what Ontology is about.
It's actually a really great system to pick up some free tokens to experiment with, to do things with.
So I'd recommend that everybody get started with that.
Download onto a wallet.
It's really easy to get started.
And it is a great platform just to, as William just said, you know, one, to remove those barriers to entry,
two, to store your assets,
and three, to start playing about
with decentralized identity
in a pretty straightforward
and simple way.
So I would recommend people do that.
Dave, I see you're back online.
Hopefully we can hear you this time.
Do you want to jump in with Orange?
Yeah, yeah, sure thing.
Can any folks hear me now?
Absolutely perfect.
Awesome.
Yeah, I was hoping we'd get through one space without Elon rugging us, but obviously not.
Yeah, so yeah, it's a great question.
As William mentioned, the great thing about Ontology, and you as mentioned as well, Jeff,
is it's much more integrated than other DID offerings.
So you've got Ontology, you've got OntID, then you've got OntoWallet, which is your kind of self custody dashboard.
And then you've got Orange Protocol,
which is the trust engine behind the scenes.
So allows folks to generate their reputation,
what we like to call Orange Humanities score,
basically crunching all these different credentials,
on-chain history, devotes, web2 proofs,
a whole bunch of other things that are there.
There's a lot of data models and we're continuing to add to those so folks can get a much more kind of rounded reputation. And on the other side as well, because like all this kind of heavy
maths runs off chain and it's exposed to like a GraphQL SDK. Basically, it makes it really easy for builders then.
And it's chain agnostic too, which is great.
So it's kind of, that's the thing we talk about
when we talk about Orange, it's portable.
Portable reputation, so you can take it across
different chains, different protocols.
And it means builders can just drop this
get reputation call into any smart contract or API
in a few lines of code.
And then it's all integrated with ontology with the DID offering
with ontolwadet as well so it just means it's like a complete solution compared to a lot of other
DID offerings so I think that's kind of what one of the things that sets ontology apart
yeah and those concepts of both reusability and portability. So I talked to a lot of people in the more traditional digital identity space as well.
You know, portability and reusability are really key concepts that can be really difficult to pull off for people, actually.
Being able to take that reputation or identity into other places, other platforms, onto other things and use it again.
So it's actually a really difficult thing to pull off.
So it's great that we have that as part of that system within ontology that is just baked in,
ready to go. And as Dave rightly says, you know, these data models are there. And just another
shout out, if you've not done your Orange Humanity score yet, it's a great way to start getting
involved with Orange, get your Humanity score sorted, understand what that reputation system
is about, because these things are going to be really important in the future of Web3.
You know, being able to generate reputations, own that reputation and decide how to use it
are going to be core to, I see this being rolled out for airdrops, for gaming, for DeFi, for DAOs
and all sorts of things. So it's a great time to get started in generating those reputation scores
and humanity scores.
Get used to it now.
Practice now before it becomes super important
because it will become super important on that.
And again, just want to reiterate,
we have an excellent community.
I see a load of our community members
in the audience here
and our harbingers in the audience.
Please do reach out to the community
if you want to get started and ask for audience. Please do reach out to the community if you want
to get started and ask for help. These guys are here to help you. They're here to really support
you in your journey with ontology. So please do do that. And I'm going to put you on the spot here,
Bella, on this, you know, talking about community, because you're so involved with all those people
in the community and all the events we run. I guess my question would be, you know, I always
talk about what a great community we have,
how solid they are, how useful they are,
how helpful they are.
And so my thing would be,
what's that community highlight for you
that you think everybody who's listening,
and everybody in Web3 should know about ontology?
What do you want to tell people
about the ontology community?
Thank you, Jeff.
Yeah, that's definitely the question for me. I've been with Scientology
for almost like two years and I'd say I really enjoy working with our Harbingers and our
members and I really enjoy getting something good for our members. So the biggest trend
since I joined from our community is that we are getting much more diverse. Till now we have Harbingers
from more than 13 countries and regions across different continents and we have around 29 local
groups and if everyone has noticed that we just onboarded a new Harbinger called Banbus from
Nigeria and also we are actively seeking to get more people onboarded as part of our
community. So another thing I would like to share is about our loyal NFTs. So if you have been with
Ontology for a period of time, you will know what's this. And it is the reward for our loyal
members. And until now we have more than 300 addresses that could be deemed as super loyal members.
And I believe this number is still growing fast.
And we have a long list of people who have swapped more than 10 NFTs and get their 50 ONG rewards.
So if you want to get rewards like that, you can start to collect your NFTs from today.
And you will get rewards like that you can start to collect your NFTs from today and you will you
mean and you will get rewards constantly yeah and I think a couple of really important points
on there Bella is the global nature of the ontology community is amazing you know I mean
I had a little bit of time off last week rarity but I did take a little bit of time off last week. Rarity, but I did take a little bit of time off. And, you know, I noticed that Sri Lanka, you know, as our community, had this great event where people met up.
They were talking about ontology.
They got together.
You know, I've seen this Nigerian community growing quite rapidly with Barnabas and lots of presence on X, lots of presence in communication.
And it's amazing to see.
Web3 is a global phenomenon.
It's not siloed to one country
or another country and i think it's amazing that we see this community just grow and grow and as
bella rightly says as well we have our loyal nfts which enable you to collect ong to get really
started on your journey and to build your stack of ong with ontology. And, you know, we have our regular chats tomorrow.
So tomorrow you can join our community chats on Telegram
and get the chance to win NFTs to start building that collection
and start moving forward.
Lots and lots of different ways to get involved with that community
and start understanding what Web3 is about.
And they don't just talk about Ontology, right?
You know, these conversations are to make your Web 3 experience enhanced and enriched across all different types of
Web 3 activities. So do join us tomorrow. It's always a really good conversation.
Okay, look, time's moving on. I waffle on too much. I always talk too much, which means time
moves on far too quickly. So I want to just really get onto the roadmap, right? Because I think it's really important that we keep everybody up to date with
the roadmap, where we're at, what's happening, what we're talking about, what the development's
going on. And for me, probably the biggest thing on this year's roadmap was the instant messaging
linked to decentralized identity.
And I think this is such an important thing.
We saw some controversy around Telegram a few months ago where the founder was arrested in France
and agreed actually to hand over some data.
We see questions over things like WhatsApp
in terms of how secure that data is.
We see the EU putting more and more requirements
into being able to access data and so
on. So I'm sort of preempting my question a little bit. But I think the instant messenger
linked to decentralized identity on our roadmap is probably the most important part of that
roadmap. It really excites me. And so I guess my question to anybody who wants to take this on a
little bit is, why is that so important, do you think?
You know, why is secure Web3 communication now so important?
Why do we think that's such an important thing for us to be developing?
I'll jump in.
Oh, go on, Claire. Thank you.
Yes, I know. I'll go on a little bit this morning. But yeah, I think one core area that we've seen a lot,
and Jeff, you just touched on it,
but it's this issue around spam and phishing,
definitely skyrocketing.
I think if you look, for example,
within Web2 chats, right,
anyone can spoof a username.
Unfortunately, we see this a lot.
These malicious links as well can just be DM'd.
So if we can link each message to decentralized identity
or whatever credential,
I guess this community can choose.
Yeah, we'll be able to filter out a bunch of bots and, you know, without exposing personal data.
So I think that's pretty core.
And then also censorship pressure.
I think this is an interesting topic as well.
This can be used across like, because all of our communities are so diverse, spread across different types of jurisdictions. So it'd be interesting to see if there's a specific need for a channel that can kind of be used across single platforms, policy change as well.
And then safety without KYC.
So I think that'll be really interesting to see how this develops.
But outside of IM, I think within the roadmap as well, just to circle back to what I mentioned at the beginning of the call,
within the roadmap as well just to circle back to what i mentioned at the beginning of the call
i think a part of the roadmap that i was really excited to see as well was a lot more uh focus
put in on developing out use cases as well because from talking to a lot of partners or talking to
a lot of builders folks really wanted to see how they could be using um everything that ontology
was providing throughout all their products that were created so um you have two elements there
yeah and i think that spams filtering out spam is really important.
And, you know, let's face it as well.
I mean, instant messaging is a great use case for decentralized identity.
As you say, it's a perfect use case in reality.
But I often, you know, both me and you, Claire, and a lot of people on the team, actually,
we deal a lot with people on Telegram, potential partners, potential integrations.
And I often worry that I miss out on great opportunities because I assume things are spam sometimes.
You know, I get messages from some people. I'm like, no, I don't trust that.
I don't believe that's real. And it's actually really, really difficult to make judgments on that. Right.
I agree fully. And links as well. I just I'm scared of links.
Yeah, I totally get that. Really, I didn't know if you wanted to add anything on that or if you want to wait for the next questions i
mean the the im is moving along really nicely um i'm expecting hopefully some announcements on that
in in the coming months it's looking very exciting there's lots of stuff we see in the background and
some of the development on that,
that I just think when it comes out
and we start communicating that,
it's gonna blow people away.
I think they're absolutely gonna love it.
And I think it's gonna be a great addition
to what we can do with ontology
and what people can use on ontology.
If anybody's got anything to add,
just quickly jump on before I ask the next question.
just quickly jump on before I ask the next question.
Yeah, I think that we are at the very end stage for launching the IM out,
and it will be very different from the every single IM applications
you've ever used before.
Yeah, no, nice teaser that, Randy.
I like how you've done that leaving everybody on the edge
of their seats i never know how much i'm allowed to share on these things i don't want to get in
trouble for giving too much away on things but it is going to be brilliant and we are at the end of
that journey of getting it ready to go out so please do keep an eye out for the for the im
launch um it won't just be called im we're talking talking about that, but it will be excellent. So do keep an eye on that.
But part of the roadmap as well, which I think is equally important.
So one of the things we are always talking about, and hopefully everybody saw the fact
that you can now very easily trade ONT and ONG in the Onto wallet, which is a huge quality
of life improvement for people.
I think that was such a great move forward.
Kendall worked really hard on making sure that happened.
So thank you for that, Kendall.
But the community really appreciate it and really enjoy using it.
And we've been running the trading competition
through those trading swaps as part of our anniversary.
Claire, I'm a bit out of touch here.
Is the trading competition still going?
I think it probably is.
So I think people can still jump in and do that. Bella, might actually know as well um but you know do check out that that was
part of the roadmap as well and that's already launched but on top of that um we're just looking
as well at increasing that interoperability interoperability hendel spoke about this as an
ongoing challenge with decentralized identity but of course it an ongoing challenge with decentralized identity. But of course, it's an ongoing challenge with lots of things, with assets and so on.
And so looking at bridge and DEX integration for ontology has been a huge part of this roadmap.
And there's ongoing discussions with people and ongoing plans.
But I guess anybody who wants to pick up on this, and I can take it if not, but how do you see, what do you see the importance of that bridging and DEX integration in terms of that everyday user experience for ontology?
I can take it. It's not a problem. It's a bit of a gnarly question, actually. But it's a really important one as well, in that if you think about the infrastructure an average Web3 user needs, they need to be able to have portability of assets.
They need to be able to take their assets where they want to use them. And it's right and proper
that they should be able to do that. And also in terms of a DEX, I think it's important as you
grow out an ecosystem. You know, we're looking at launching games on Ontology and various other
things and other platforms that will have their own tokens and own things. So DEX support becomes really
important because having that token, if you then can't do a lot with it, is not really overly
useful. Lots of developers want to be cross-platform with their products and their protocols.
So having solid bridging solutions is also really important.
So as we develop that out and we carry on bringing that as part of our roadmap,
what it does for users is a couple of things.
It gives them options and opportunities to use different things,
but it also allows developers to build them better products for them to use as well.
And so with that coming as part of the roadmap, I think that's going to be huge.
And, you know, we're constantly talking to people.
I was talking about DEX integration to somebody we're talking to in CAN at ECC.
So all these things are moving along really nicely.
And, of course, the other thing on the roadmap,
which is so important to the future, is zero-knowledge proofs.
I watched Zatalec talking about privacy in Web3 the other day.
And of course, one of the problems with blockchain, and one of the great things about blockchain,
is it's so transparent. But of course, the problem with transparency is it erodes privacy.
And we've seen the advent of zero knowledge proofs over the last few years that really
helped tackle that privacy problem.
And Dave, I might end up picking on you for this one as well.
But, you know, we do talk about zero knowledge proofs quite a lot.
And Orange is sort of heavily involved in that approach
and how we approach it.
So how do you see that approach from Orange um taking place and how do you think it improves
that sort of privacy and reputation system for people yeah i think i think it's one of the major
things uh when it comes to reputation like you want to be able to prove you've done certain
things that you hold certain credentials but on the other side like everyone wants to maintain
their privacy so i think our latest kind of zk t ZKTLS module lets users do this so they can prove things about Web2 accounts,
like, say, Binance Balance, their GitHub commits, how many followers they have on X, whatever it might be,
without actually needing to show the underlying data.
So the module basically will give a yes or no as to whether they fulfilled a certain criteria around those particular credentials. So I think this is kind of the key thing because people are
in the space are always suspicious. There's always scams around the next corner. You don't know when
a protocol is going to be hacked. You don't know if there's going to be a leak of your data.
So the less you can give away in terms of privacy, but still get the same benefits, the better, I think.
And with the latest kind of, yeah, our latest update with CKTLS, I think that allows Orange to do that.
Orange doesn't hold any of the data now.
It's just within this module.
And it just lets folks kind of confirm this on the reputation side without, as I said, without giving away any of their privacy.
So we've already integrated a bunch of models into this. I think Human Passport is one of the
big ones that people might know. And it just allows us to kind of do a lot more with folks
in terms of kind of building more models that people would be willing to use as part of,
yeah, part of the Orange Humanity score, as part of the
other campaigns that were running. Like you mentioned, the first trader on Ontology,
that's an interesting one that's being held through Orange. So for folks who want to take
part in that, essentially generate your Orange Humanity score. And then if you go into the models,
you'll see, you can basically see what your first ever.
Yeah, first ever transaction was on on ontology.
See if you're one of the OG traders there. And there's a there's a nice prize for the person who has the earliest,
earliest transaction there. Yeah, cheers, David.
I think this is, you know, key to the roadmap. The roadmap isn't just a wish list for ontology, it's things that we're actually implementing.
The IMs come in, the DEXs come in, we're working on the bridging solution,
and the ZK integrations are starting to happen.
We've started seeing them roll out into the Orange reputation system,
which is really, really important.
Don't underestimate how difficult it is to pull off zero knowledge proofs in any aspect.
It's actually quite a difficult technology.
So the fact that we've got the first part of that out with Orange
and sort of going with that, I think is absolutely phenomenal.
And again, love to see things being ticked off on the roadmap.
We write that roadmap.
We have a definite plan to pull it off.
It's always really difficult to tick all those milestones.
So it's absolutely fantastic to see those being ticked off.
We're in July and we're seeing fantastic to see those being ticked off.
We're in July, and we're seeing these things now start getting ticked off and actually implemented into the systems.
And I think that's really important that we see a roadmap
that actually means something, that actually gets delivered upon.
And anybody who looked at that roadmap, you'll see that we set up
like three storylines, if you like, around
health data, how reputation and identity can help with health data, with gaming profiles,
with AI marketplaces. And we see, I think these are three areas we've been talking to a lot of
people in and trying to do different partnerships in and try and get people onboarded into there.
And so I guess, importantly, is to make that work, and trying to do different partnerships in and try and get people onboarded into there.
And so I guess, importantly, is to make that work,
we look at tools like Onto Wallet and Orange Protocol to actually make these scenarios happen.
So William, if it's OK, I'm going to pick on you a little bit on here. In terms of people wanting to maybe control health data or gaming profiles
or work on AM marketplaces.
How do you see Onto Wallet's positioning within that?
How can Onto Wallet help make those scenarios come to reality
for people, if you like?
Yeah, sure.
Thank you for the question.
And I'm really quite really excited about these narratives
and these storylines and gaming in particular because I think just recently we've had a partnership with the town ecosystem and we're on course to integrate like mini games in the town ecosystems. And I think this is going to be a big part of
the excitement around in the road map,
not just for ontology ecosystem,
but also for OntoWallet and how I see
OntoWallet can play a role in making these scenarios work. So first of all OntoWallet has
got this incentivized close group that we help. First of all we help reduce the threshold for
users to get on board by providing zero fee trading. So it's very easier for new users to try things out
and just to get their hands on these new games
and to play around.
And the second thing is that as a self-custody wallet,
everything that users generates inside the wallet,
like their gaming profile and like their data,
their footprint in the Web3 ecosystem,
will be in their own control and no one else can touch that.
So users will have total control of their own data.
And another thing is that
OntoWallet has onboarded many different ecosystems.
So we have multi-chain support,
which means that users can actually have
access to a lot of different ecosystems that they can play around
and they can try things out all within one portal, one dashboard.
And also with the help of the DID system, users can use this one antioID to access all these different services
while controlling their own data.
So I think this is how OntoWallet can play a role
in making these scenarios work
and making users get onboarded quickly.
Cheers, William.
Absolutely. I think we get into that quickly. Yes, William. Absolutely.
I think we get into that position of accessibility,
being able to access easily.
Your DID is in there already.
Your access to Orange Protocol is in there already.
It's cross-chain.
It's got interoperability baked into it.
So it gives you that ease and access to lots of different things
and automatically in there I think is really important.
Dave, I think we've touched on this answer a little bit anyway,
but just give you the opportunity to add anything if you wanted to,
but no problem at all if not,
because I think we've touched on how Orange plays into this anyway.
Yeah, I think the kind of three scenarios that are mentioned,
like around kind of, especially around like health gaming places i i
think health is probably the big one for me um like having this kind of zk separation between
your data and what third-party protocols or projects can see i think is massively important
there like if even the existing health regulations in most most geos there in order to kind of hit that, you'll need to have something like that there.
So having kind of Orange already implementing this means we can really tap into these these sort of use cases.
And it's it's massively it's a massive market as well.
well. And I know there's a lot of kind of exploratory, kind of more traditional companies
that are looking into this as a way to improve the service that they're offering, especially
on the health side. So I think for me, that's a really, really interesting use case.
Yeah, totally agree. I think there's so much that can be done on that. And I actually see it as
very promising that this is becoming a general conversation in public now across the tech sector outside of Web3.
It's becoming a conversation that people are trying to find solutions for, which is really exciting.
Because of how much I talk and I waffle on too much, we're coming up to running out of time.
So I do have one more question I want to throw out there.
Kendall, I'm going to start with you, if that's OK.
We've looked at the past. We've looked at the last seven years. we've looked at the roadmap and what we're working at and the progress we've
been making now i want people to put their uh you should looking glasses on and see what the future
looks like because i ask people you know and we'll finish on everybody who wants to answer this i
encourage everybody to have a pop at this uh kendall you're up first. How do you see the space changing, that demand for self-custody,
for verifiable reputation? How do you see that evolving over the coming years?
Okay, thanks for the question. In the past few years, we have seen a number of
crises hit a centralized platform. As a result, more and more people,
more and more regular users truly came to understand
the face, not your case, not your coins.
If we look at the broader internet industries,
there have also been many data reaches
that made the general public realize how important it is
to have control over their own data and assets.
It's part of a bigger awakening.
People are starting to see that they need to take forward
its vulnerability for their digital lives.
But just being aware isn't enough.
What really drives adoption is how easy and usable But just being aware isn't enough.
What really drives adoption is how easy and usable the tools are.
During development, we have seen things like decentralized
repetition systems, counter-extraction,
and social recovery are starting to hide all the complex security stuff behind the scenes,
so users can manage their assets safely and easily. That's exactly the direction we are
focused on, making save custodians not just something for tech users, but as a default
for anyone entering Web3. So look ahead.
I believe that in the next few years,
Save Custody and Verifiable Reputation system
will move from being just ideas to becoming
actual product strengths.
And eventually, there will be basic building blocks
for Web3.apps.
Save Custody and Verifiable Reputation
are the fundamental and most important building blocks
of the great world, including WebStory, AI,
and other amazing things.
Just like Login Systems and Identity Manager
were fundamental in the internet era,
whoever builds secure and user-friendly solutions
in these areas will have a big advantage
when it comes to onboarding users.
Yeah, cheers, Kendall.
And I think that's really important, right?
Because we've got to, a couple of things happening now
and will continue happening in the future.
People are becoming more and more interested
in the security of their data,
in the security of their identity.
That's just true, right?
There's so many data hacks, there's so many data leaks.
People become more and more concerned and interested
and invested in the idea that they should own it.
Not just in Web3, by the way, but across all of society.
And I think the other thing, as Kendall really touched on and is really correct on, is this need for simplicity on that.
You know, whether it be social recoveries and things like that, that simplicity of things, because it's going to become fundamental to a Web3 experience.
And if it's going to be fundamental to a web3 experience
it needs to be easy for people it cannot just be technologically savvy people who can use it it's
got to be much easier anybody else want to touch on about what they think that future looks like
in terms of that before we round up i'll jump in again just quickly um i think we've covered quite
a lot you know we've reflected on you know our IM layer within the roadmap, ZK modules and everything coming from ZK TLS.
With Orange and obviously Onto, making it just easy for everyday users means that there's going to be more retention there as well if it's easier for folks to do everything, dropping staking.
staking but yeah I think from like a growth and a community lens like what I would I think that
we're trying to achieve this year and what I think we're seeing that we are actually achieving this
is is not just about kind of enabling privacy as well but it's also we're helping people to
actually participate in that with everything that we've outlined in the roadmap as well and that
kind of leads me as well to everything else that we've executed this year just quite quickly when
it comes to like our community initiatives and content and all the events as well.
That I would love to hear feedback from the community as well.
And we're always open to getting your point of view when it comes to content that we should be producing
or any other type of initiatives that we should be releasing as well.
But it's great to see a kind of a really solitilistic approach from Ontology as well,
really trying to answer the questions that people are asking and to to address everything so i'll wrap up because i'll keep
talking hey it's better than me keeping talking claire don't make no mistake about that look um
thank you everybody for coming on the call thank you to reindy bella kendall dave william claire
all for jumping on uh it's not always easy to get us all on at the same time because we're all in different time zones
and in different places.
So I really appreciate everybody making the effort
to get on here and share some insights
and some information.
I really hope people have found this useful.
We wanted to catch up with some of the things
happening in the roadmap.
As Randy said, we are at the end of our journey
on the IM development.
Hopefully we'll get that out and in your hands pretty soon.
So it should be absolutely fantastic.
Anybody want to add anything before we wrap up
and let everybody get their day back?
I would recommend everybody to just get involved,
whether you're a gamer or like a DAO contributor or anybody.
Just try to get involved in anything that Ontology has going.
And yeah, feedback. reach out to us.
We'd love to hear from you.
If there's something we're not doing,
the team is super flexible
and that's kind of another great thing
about being involved in Ontology.
Absolutely, 100%.
And on that, I've got nothing to add, unusually.
So I'm going to let everybody get off.
We'll get this shared.
I might even try and get this written up
so people can read a recap of everything that's going on and enjoy your day please do join the on to not start a program if
you haven't already and get involved enjoy your day everybody thank you for turning up and uh
here's to the next seven years thanks everyone thanks for hosting jeff thank you Thanks, guys.
