Ordinal $HODL Meme: For you that HODL strong!🦾

Recorded: March 12, 2024 Duration: 1:11:09

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Yes, so there is a liquidity protocol that means that as long as we have a flow of liquidity
and we do have some great pools out there, you can already, you know, try to maximize
the input when you're swapping your tokens.
That means that you can reduce the fees and maximize how fast you can swap.
We are trying to focus in this solution right now.
So it's a solution that has been used for some defies out there.
The Uniswap v4 that has been in development, that's why we saw the massive bump in Uni three
weeks ago, has been evaluated by the dev team to be implemented in our platform.
It's also stated on your website that the app offers automated, automated farming features,
allowing users to participate in liquidity pools and other farming markets without constant
intervention.
I'm curious to know what measures are in place to ensure that the algorithmic decisions made
by the crypto farm manager align with users risk preferences and how does it adapt to
unforeseen circumstances or unexpected changes in the farming landscape?
Yeah, so when we speak about, you know, like leverage, how the users can use a stake pool
or even though like an equity, we are speaking about, you know, to provide liquidity to certain
projects.
With that in mind, that's why we are trying to get some partnerships on board.
Now, when we speak about partnerships, people sometimes misunderstand, you know, to, ah,
okay, so we should do a partnership with a influencer or, you know, with a company.
No, partnerships, yes, but partnerships also means to try to open more liquidity pools,
to provide liquidity to the ecosystem and try to provide some pairs with other projects.
So we are right now in talk with three projects that already aim to have, or now hold mean,
as a pair in their projects, providing them more liquidity into both projects and enable
users to delegate for their pools with very juicy rewards.
All right, last thing for me, considering the unique nature of Bitcoin ordinals, where inscriptions
are directly attached to individual satoshis, I want to understand how your NFT bridge plans
to navigate the transfer of NFTs from the BSC to Bitcoin, especially given the distinctive
nature of Bitcoin support for ordinals and its lack of conventional NFT support.
That's a very, very good question, Aisha, and I can answer very easily for you because
we never promise or we never draw in your roadmap to have the bridge to Binance, to ordinal,
the layer of Bitcoin, not the layer two, but one, you know, like a layer of Bitcoin.
So the promise here right now is to enable the marketplace to have the API in the project
and then with your, of course, ordinal hold mean or with your BNB, you can swap, use your platform,
bridge and then buy and use the BTC to trade your ordinals into or platform or wherever you want.
So it's very simple to us to bring this bridge.
So the most difficult part for us is to how build the framework, the landscape to enable,
of course, the users to bridge their tokens into the Bitcoin network and use the Bitcoin network
to make the purchase, the trades and everything that you wish to do with the ordinals.
This is the most, I would say, like hardcore part of the development.
Yeah. Thank you for the clarification. I understand now. Thank you. Thank you so
much for answering all my questions. Thank you very much, Aisha. You're very welcome.
Thanks for the question, Aisha. Next, we've got Romain. You had a question. Go ahead.
Yeah. Thank you, Glenn. I also have a question. Okay. So you said that you are building your own
in-house swap. So I was wondering what incentives are there for maybe the individual
liquidity providers and provide liquidity to the different assets for swapping?
Thank you very much. So good question. So as I mentioned before, so when we are creating
these different pools, so the aim is to bring visibility to many, many projects.
With that in mind, when you agree with a project to get their own board and do like this, you know,
like pairs to provide to the users, we are aiming to the user to get rewards just to delegate
into these pools. So that means that, of course, when we are getting the liquidity pair
set up to the users, we're going to try to do a liquidity pool. It's not like on
Hordna Houdmin. This will come as a jointly collaboration between projects to try to get
a good rewards for those that will provide the liquidity. So providing liquidity for the
preset liquidity pools that we're going to provide, it's something that will leverage
the amount of XYZ. And what I mean, XYZ could be BNB, could be Ethereum, could be BTC,
could be the native token, Houd, could be the native token of the project that we're going to
partner up, being rewarded to those providers. So with that in mind, I can say so far, a good
example, we have one partner that is aiming to collaborate with us and we are trying to have
something around 600, 700% API for this liquidity. This should be massive and we bring loads of
attention investors to delegate and use those liquidity pools. Understood, understood. Okay,
it's mentioned on your website that your NFT bridge will facilitate the conversion of NFT formats,
specifically to one blockchain into the format compatible with others. So in terms of the
format or standard conversion, can you provide maybe details into how the NFT bridge connector
ensures the integrity of the NFT data during the conversion process, especially when dealing with
complex or unique NFT standards or formats on one blockchain to another blockchain?
Yes, of course. So that's why we're trying to build right now the bridge and the bridge will be like
a massive, massive improvement in our ecosystem. So it's important to us to make, as you mentioned,
the security and make the layer of the NFT
untouchable. So this will allow all the users to transfer to sell to buy their NFTs in a way
that they can have their own native platform. Let's say now if you have like an OMB in your BTC
network and you wish to buy them with a BNB, you're going to just bridge your BNB to BTC
and using our own platform. Of course, you know, the bridge you can use the API to be going to send out
to make the purchase or the trade or the transfer of those NFTs. So we are not creating the will
here. We're just using what we have right now out there to leverage the user experience
to maximize, of course, how we can deliver to your users.
Great, great. Okay. I've also read that your bridge will going to have a dynamic fee structure.
So can you maybe explain how will this dynamic fee structure going to work and how will the fees
going to be adjusted for the maybe swaps and for NFT bridge as well?
That's correct. And you almost gave the answer. So the fee structure should be
linked with the swaps and the liquidity pool. So as long as we have like a tick liquidity pool,
as we are having right now, we can just allocate a part of these UARTs for three or parts of the
ecosystem. The first one should be the UARTs from the swap. The second one should be to maximize how
the bridge will work with less fees and more speed of transaction. And the third one should be to
inject more liquidity into the liquidity pool, making the liquidity pool even bigger with the
time. Understood. Okay. Final thing from me regarding the security protocol, I was thinking
how does your NFT bridge connect maybe safeguard the authenticity and ownership of the NFT
during the transfer process because we have seen many big exploits recently and users losing their
a lot of funds and maybe NFTs due to these exploits. Yes, of course. So as I mentioned,
we are not creating any kind of process or network process here. So all the NFTs, all the inscriptions
that we're going to be using your platform should be allocated and use it in the native API. So
there is no risk because ordinal holding is not holding, is not managing, let's say,
so the network itself. We are just enabling the network to the users.
Got it. Got it. Thank you so much for your time. Thank you very much.
Thanks for the question, Roman. Next we've come to leave on the other question. Go ahead.
Yeah, thanks, Glenn. I went to your website. Considering the fact that you guys are, you
know, for a mean token, you have a really, really small amount of speculating supply of tokens
and you set it at exactly 21 million, which is also happens to be the current amount of
you know, Bitcoin also currently in circulation. So why did you cut it at exactly 21 million tokens?
And there was a plan here. That's your answer, buddy. Yeah, because of Bitcoin. So as we are,
as you mentioned, as we are a meme, not a meme, a meme DeFi project, we try to bring,
you know, what the Bitcoin has of better. So a very short circulate supply, a very short,
not circulation, a max supply, our circulation supply, even less than 21 million, by the way,
because we burned already 4% of the circulation supply. We have some circulation supply for the
contract itself for the, the pancake swap. So the circulation supply right now, and let me
just check very quickly here, but I think the circulation supply right now, it's something
around 15 or 16 million tokens. But yeah, you are as a joke, a shock homes here, buddy. It's because
of Bitcoin, of course, the circulation supply of Bitcoin is historical. I would say like supply,
it's a supply that makes history and we are here to make history as well. So that's why
we haven't copied, as you mentioned, we just take the inspiration of Bitcoin to have the same supply.
Okay, so I just wanted confirming, because, you know, the ecosystem around Bitcoin
was really very precise when it came to, you know, using that number because it's as a result of that
number that, you know, we scaled up to over $70,000 worth of one Bitcoin today. And it's over, we're
talking about a long timeframe from 2008, if I'm not mistaken, to 2024 before it reaches that price.
Now, you did make mention of the fact that people could be holding long. So does this mean that
holding out is also actually going to stay as long as Bitcoin stayed, but, you know, using
just not just the similar inspiration from Bitcoin, but also, you know, the ecosystem
surrounding it. I'm seeing here, for instance, on your white paper, where, you know, there's
new farming and, you know, which allows maximizing potential returns. So could you describe how,
you know, if I define that there's over 15 million already in circulating supply, which, you know,
you know, leaves a little under 4 million, you know, yet to be minted or to be to be gotten.
How would you balance this out, you know, with time as, you know, ordinal makes progress?
Yeah, no, it's a very interesting question, because when we speak about Bitcoin here,
we cannot mislead our investors and the audience here to think that we are Bitcoin,
nobody's like Bitcoin. As Michael Sinner always said, there is no other Bitcoin,
there is no second, you know, like assets on the Bitcoin. I'm a Bitcoin investor, I think,
like everybody here is the same. So we have a project that takes an inspiration. It's inspired
on Bitcoin just when it comes to the supply. We have your unique identity, we have a unique idea,
and we are trying to build an ecosystem on the top layer of the BSE smart chain, of course.
But however, taking some beats from other chains, because we know that the future,
it's about being the mood chain. The future is about interoperability. The future is about
using one chain to interact with other blockchains. With that in mind, the ordinal hood means that
it's building an ecosystem to bring way more blockchains inside. That's why when we come to speak
about the liquidity pools and how to maximize the liquidity pool, we are speaking about to bring
more liquidity on board, to bring more projects on board, projects that could be on Ethereum,
projects that could be on Polygon, projects that could be on Polkadot, and so on and so on and
so on. So we are building an ecosystem to enable users to use more blockchains, different chains,
however, in a single and simple environment. So I would say like the final approach that we are
having right now with ordinal hood means that yes, answering your question is for the long term,
is to have a simple and single environment that will bring loads of users from different blockchains
with a core thing. The core thing is use a service that will make you comfortable, use a product that
will reduce your costs, use a product that you make some profits, everybody's here from the
profits and the technology of course, and use a product that you trust and you believe. So this
is the ethos of ordinal hood means right now, and that's our vision for the future.
It's a really impressive way to put it and honestly you are really really convinced in
speaker. That's a very valid reason and a really good work on use case around it.
The final question I have is the fact that you did a statement during the AMA and I wanted asking
where you said you are increasing swap for reducing costs and you know the devs are actually
working on it. So could you give us some insight information on the approaches that are being used
because speaking of gas fees, especially when it comes to Ethereum, even though there are a lot
of huge Ethereum wheels out there, they still do complain about gas. So what's your approach,
what's your take on this and what's your team doing about increasing swap for reducing costs,
especially when it comes to gas fees? Yes, of course, Captain. We know how gas fees in
Ethereum, they are massive right now. Three weeks ago, sorry, two weeks ago, I was doing like a very
simple swap and I paid like $210. It was $210 to do like a simple, simple swap. This is horrible.
Nobody that wants a really adoption of their blockchain can pay like $210. $210 for an
European guy sometimes is like, you know, like peanuts, but $210 for someone in Africa,
in South America, in Asia. It's a lot of money. With that in mind, we are right now trying to build
with an API from Uniswap, V4 and the V3 from the PancakeSwap, a better way to make our users
to swap their tokens with a reduced fees. So it's important to us to bring the people to user
platform. However, if you keep like, you know, charging the people $200, $40, $50, whatever,
we should pay like cents. We should pay like, you know, less than five cents to do a swap.
So that's why we are trying to build every day and our devs are right now broke in their heads to try
to work out this future to maximize the speed of the swap. Because doesn't matter for us,
just like, you know, have like, you know, small fees or minimal fees and then takes like, you know,
the eternity to confirm or broadcast a transaction. We really want to have like a lightning transaction,
something very, very quickly. But however, with a very cheap cost. So with that in mind,
like I said, we are right now working with the API and you know, some GitHub from
the V4, Uniswap, V3, PancakeSwap and try to bring, sorry, the better side from both
for our project, and then build our own swap. So that's why I said, and I'm going to remember once
again, it's not API should be a native swap with the rewards ecosystem, and also the reduction of
the fees with the speed transaction as well. So it's a three pillars approach when we speak about
the swap implementation in Google. I really appreciate the detailed answers to my questions.
And yes, you are right. You know, depending on the region, $210 is actually quite a lot of money.
It's actually six digits of a local currency. So, you know, doing something about the swap is
actually a good approach. Really appreciative for answering my questions. I wish you the very best.
And I really hope that all of the other projects, the new projects, these pollution work.
Thanks again. What's your plan? Thank you very much.
Thanks for the questions, Captain. Next we've got Venice. You have a question. Go ahead.
Yeah, thank you so much, Dan. I have a few questions. Okay. I have a question regarding
the NFT bridge connector. I want you to know that are there any limitations or restrictions
on the size, format, or metadata associated with the NFTs that can be transferred using
the NFT bridge connector? And how does the platform accommodate for different requirements
or specifications set by creators and platforms on each blockchain?
That's perfect. A good question. I did answer this question before, but I'm going to answer
again for you, buddy. So we are going to use the API from the magic head. And so everything that the
magic head in there is we're going to just damn now I can say so far replicate into our platform
and allowed users to use or now hold me in platform to transfer to buy and sell their NFT.
So right now, much even they have four, if I'm not mistaken, different chains. So that is like a
polygon that is Ethereum, that is Bitcoin, and that is Solana. So we're going to just replicate
their approach when coming to the marketplace into our platform. However, of course, with the
possibility to bridge your tokens and to swap also into our platform. So when comes to the
metadata standards, everything remains as is right now in magic.
Okay, impressive. I may have Mr. Park and you answered my question I just asked. Okay. I also
noticed that you guys have plans on hosting live stream events featuring crypto experts and
influencers. It caught me thinking that if you guys have any plans to expand your outreach beyond
the crypto community by organizing any physical workshops or seminars aimed at educating non-crypto
users about the blockchain and DeFi. It's a very, very interesting question because I personally,
I'm a huge fan of hackathons and a huge fan of workshops and huge fun, you know, to how
blockchain can enable not only the technological part of the ecosystem of the stack core of the
technology itself, but also to bring education to the message. And also when we speak about how
word no hold means plans to leverage the project to countries, for example, such as Nigeria, such as
India, such as Argentina. So it's important to us to get on board these people. But however,
it's also important to give back to them. So with that in mind, we are discussing
internally here. So this is just a discussion, guys. It's not a promise, you know, we are
discussing internally here to try to leverage a little bit education with our users, you know,
try to, like you mentioned, do some sort of webinars, or even though AMA is to educate users
how to swap, how to use the bridge, how to use the state, you know, not financial education,
because this is, I would say, very personal. But, you know, how to integrate technology in
their lives using word no hold means. So we are a mean, we have utility as a DeFi,
but we are also here to give back to the community, the trust that they are depositing us.
Okay, that's really an impressive and one last thing for me. As I read that you guys have
implemented a staking mechanism for users to earn rewards. Whereas Bitcoin operates on the energy
intensive proof-of-word consensus algorithm. So how does your staking mechanism compare in terms of
energy efficiency and environmental impact, especially considering the growing concerns
surrounding Bitcoin's energy consumption? Yeah, so we are right now speaking about the
two different, I would say, like, things. There is the consensus mechanism of Bitcoin,
there is the PODAB proof-of-word, there is loads of consensus mechanism like ethereum right now,
there is the POS proof-of-stake, but we are not the blockchain, so we do not have the consensus
mechanism. The stake here is just like a native stake, you know, allows the users to stake their
tokens, of course, to generate some reward to provide liquidity to the pool, and also to secure
the growth of the chart and the project and ecosystem itself. So our stake is, of course,
a very interesting tool, a mechanism that we have and we launched yesterday, but however,
it's nothing incorporated to Bitcoin or ethereum right now. It was a very, I would say,
interesting approach if we have like a blockchain. Who knows, maybe, you know, like in the next
future we can think about, expand and build a blockchain if the community keeps supporting,
if the community keeps growing, and that is, you know, of course, the demand for this.
But I appreciate your question, it was really, really fun to answer.
Yeah, thank you so much for answering all the issues and why you detail,
I really enjoyed the conversation. Thank you, thank you.
Thanks for the questions, Venice. We're running out of time here, but if there's anything we
haven't touched on, more than a huddle main project you wanted to mention today,
or if you wanted to do a recap for anyone who's joined the spaces later on today.
Yes, I appreciate Moby. So it was a very nice, by the way, AMA, loads of questions that it's
very suitable for the project, for myself, and as well for the Algiers. So once again,
it's a pleasure to have me here, to have Urnaud here. So as a recap, as I mentioned before,
day one, all right, we're just in day two right now. So day one, we could have 12 million in volume.
This is massive, this is impressive. We could lead all the trends on Vex tools, that's used,
Vex Screening, BirdEye, Avidex, and many, many other platforms. We are listed in day one,
in CoinMarketCap, BT-Get wallet, and B-Laxi. We are also tracking, and going to be listed,
of course, in CoinGateCoop, we are tracking in Binance, ByBeat, Crypto.com, and many, many orders,
Dex and SEX. We hit a 3X from the pre-sale on pink sale. So it was a massive 2.4 million
Alzheimer's high for one day. It was like regular achievement. As well, we could launch the stage
platform, and we could renounce for a contract. We have right now, out there, a main contest that
you guys can participate in, in a contest for a prize of 3BNB. We have right now, a big buy
competition as well, with a prize of 3BNB. We are aiming right now for this week to already
announce the list of the token in one centralized exchange. As well, we are already in touch with
some good partnerships and influencers to keep the marketing going on. The next leg of our development
should be the bridge and the swap, and as well, the implementation of a bridge with Ethereum,
and we could onboard some big names, such as Cryptomesia and many others, that are right
now supporting the project for the long term, because they could see value in ordnauhodmin.
Once again, ordnauhodmin is the only hold, is the only ordnauhodmin
in the whole market, is the only hold in the BSC. Don't get fooled, don't get wasted in other
projects that you think that is us, because we are the only ones, and we are the different
ones here, because for many, many others, they are just like a min. For us, we are more than that,
the ordnauhodmin. Thank you very much.
Okay, as we say, we're going to talk about mobile media as well,
is for research and education, it's not financial advice, but we recommend you check out the website,
the white paper, and if anyone's got any questions, you can get to the ordnauhodmin
meme social accounts, through the x account here, and take care everyone.