Radix Grants Program: Meet the team - Hermes Protocol

Recorded: March 31, 2023 Duration: 0:59:01

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This is interviewed with Hermes Prozcal today. I am Connor, the social media manager here at RDX works. So I'm excited to get the show on the road and we'll just invite the speakers to come on board now. Okay, two seconds.
So Hermes Portico should have the make-nose of quested for you to speak.
Let me know if you have been right there.
It will just be another few moments just for let everyone else join and then we'll get this one over with, okay?
Okay everyone so my name is Connor and I'm the social media manager here at our DX Works and today we're going to be chatting to Hermes Prothco. Hermes Prothco, team are you there? Let me
Hey, yeah, I'm here just having some tech problems with my Bluetooth buds, but I'll just join with my phone. That's fine without the thing.
So yeah, let's get the shoulder road. There's quite a few people here, so we're keen to get started. So I guess let's start off with give us some background on the founding team.
Yeah, absolutely. Also, thanks for hosting this space. It's always exciting to meet new people and talk about our projects. I feel like we're making such a big difference in people's lives that it's really good to have this opportunity.
Regarding the background of the following team, so I'm one of three founders. My name is Sergio. I'm my online alias that I've used for over 20 years is China MN 10, I'm also here in the audience. So I have around the decade of experience in the IT
industry where I've worked in a variety of roles from customer support to system administration, Android development, cloud architecture. Additionally, I was also the first professional eSports manager in Portugal and I actually earned quite some experience as a gaming and
sports producer. So my background and expertise in these multiple areas of tech have provided me a strong foundation for the company. And one of the other founders has a very solid background in the traditional finance banking industry,
working as a risk modeler. She's also a self-taught front end developer with an expertise in database modeling and data querying. And as unique blends of experience, let's say, in finance and technology has really enabled us valuable insights and skills to
the team. And Duarte, the third founder, has an experience in developing bots both for Discord and Telegram. And he has also worked as a cloud engineer managing large number of Minecraft servers. So for those of you that are into gaming,
That's quite interesting in my opinion. So his proficiency, let's say, in backend development combined with his knowledge of cloud engineering and bot development, of course, for their strengthens our team's capabilities. So together we have a
diverse range of expertise in technology, finance, development, which effectively serve as the foundation for Henry's protocols, innovative Web 3 communication platform. Or combined experience has enabled the company to effectively address some of the unique challenges of the Web 3 ecosystem.
system as a whole and provide a user friendly solution for both businesses and end users. Yeah, that's an impressive range of experience within your team. And just on the last part of that, there are like, let explain to the viewers what is Hermes Postgo, what
inspired this creation. You spoke about some key issues there. So actually we'd love to give an overview of that. Yeah, absolutely. I can also just do a little blog here. So RDX works just released a blog post titled Meet
the project that has like a very extensive explanation of everything, but does have you with a short time to manage. So, Hermit's Protocol is a communication platform and we started
off with with notifications. And of course, this is all in the Web 3 space. So essentially what we've come to to realize this was in 2021 is that we were spending a lot of time visiting the same websites to check either our positions
or the NFTs that we put that we sell on the marketplaces and to see if we received funds from from other people for services provided and so on. And it was it was frustrating. We just didn't have that user experience that web2
has enabled us and it's a standard nowadays. If you open an account on Revolute or Binance when someone transfers you money, you get an email or notification on your phone that says you just got a deposit. But you don't have this in your IPv3 or at least with the current solutions that existed when we decided to start the project.
It really wasn't any free solution. So that's how we decided to start off the product. And basically we talked the approach of parsing them. Well, so we started on Terra, which by
right now most people have heard of because of the lunar crash. Back then of course it was still very early, very similar to how Ravik's still very early and not known to a lot of people which is always an interesting point.
very exciting to be in a place that is still incognito to a lot of people. You can also make the biggest impact in these small ecosystems or earlier ecosystems, let's say not so much smaller, because Radiks has grown quite a size already. But yeah, in any case,
So basically we started by just reading the date in real time from the ledger and then parsing it. So we have to work closely with projects like NST marketplaces, decentralized exchanges and so on so that we would know what smart contracts they use, how
how they are structured, how do people make the transactions, to swap tokens, to purchase stuff, to list them, to auction, etc. This was a ton of work, but we felt like it was needed for the optimal user experience. If there is one thing
that I think everyone in Web 3 agrees is that we need to onboard more people from Web 2 to Web 3 and we just can't do that with the current faulty user experience. That's actually where Radix is of course very focused on and the Ravix wallet with the backup systems and the
Seed phraseless, if I can say this system comes to the, comes into fold. But yeah, so essentially this we started building this in August 2021. That's when we joined the hands
on Terra and then in 2022, May, that's when we opened our office in Lisbon. So between the hackathon and the lunar crash that happened on the exact same day that we decided to open our office.
We had a team of 16 people and since then we unfortunately had to cut some people so we're down to 8 right now. And basically at the end
And last year, beginning of this year, we started more actively looking at other ecosystems that were also promising that were doing things differently. And basically, as soon as Ravix announced the grants program,
that was essentially a no-brainer for us. So I actually had already personally met Adam, the CSO of Ravix at consensus last year, and that's where he sold me on the vision of Ravix and how things are being built radically different. Of course, I did
did do my due diligence to see what it was all about, if the hype was justified and so on. And I was really positively surprised at how things were done. So we were basically just waiting on this opportunity to jump in and start building on Ratics.
So as soon as we joined the the grants program that enabled us to start building our next phase of of our project, which was building for business platform. So because we started by building these native notifications things that happened
on the ledger and then we notify people through the Discord community either on channels. For example, we had over 100 NFT projects just using our Discord bot as a sales tracker and we also had several dozen
centralized organizations using our bot to track governance polls that were done on chain. That was a very exciting of course and it's amazing to see people using this to solve their problems but this couldn't really scale to the mass market
that we wanted to achieve. If we want to make an impression, if we want to leave our mark in Web 3, then we needed to target the mass market. We can't just be a niche product that works on one ecosystem and just supports the biggest players.
We needed to be a platform that could cater to literally everyone. So we need to be simple enough that anyone can sign up and use and have as many capabilities as possible so that businesses don't feel like they're being limited by our feature sets. So it's a very tough.
balance to strike for, but with this new platform that we're building that should be much easier. So at this stage, businesses can essentially create their brands on our platform. They can create these contacts
which will be where the end users will subscribe to. So basically, like you can see on the landing page where you would have the subscribe to our newsletter form where people put their email address with our system. You can just have a button. It's not a form. It's just simple.
button, you click on it and it opens up your wallet, your Zeus or Zyder or Ravix wallet or if you're on an EVM chain like Mademask or whatever to sign a message and that signature is sent to our API. We check that this has been verified, it's authorized and you're signed up.
So you'd never have to put your email address, you're never doxed to the platforms that you are subscribing to. So on that sense, the privacy is kept and it's just much easier and simple. Also to manage as well. So you have one platform, one place, which is our web app.
where you can see all of the things that you have subscribed to and it's very easy to insubscribe. There's no BS where, "Oh, please tell us why you've quit" or you click on the unsubscribe button on an email and then you go to the platform and you don't know the password because maybe you never even signed up for that business. So we're tackling all of these things.
by just allowing people to very easily and subscribe. This is as easy as whenever you receive something, a notification, you will always have a button that says and subscribe right there and then on the same place where you are getting the notification, you will have that button and you will not have to go to an external website.
to get to stop it. So yeah, with this platform, any business can create their newsletters, change logs, they can do any kind of broadcast that can create their own alerts. And yeah, we think this is going to be a real game changer.
Yeah, it really does sound like it and essentially, you know, in some way of all that is it's easier to unsubscribe, it's anonymous, you know, the private aspect of it is very important for especially made three users. So there's quite a lot there to
a digest, there's some really big features. So my question would be how does, obviously there's a lot to digest from what you've just said. So how does Hermes both call differentiate self from places like competitors like notify or dialect or push?
All right, so push.org, which was initially called DPS, if you push notification service, though they were actually, let's say kind of like an inspiration back in 2021. There's no harm or fall in admitting that. It's just
the fact that we so we liked what they were doing in the sense of they were providing this this feature of notifying people, but when we noticed the business model where you had to pay for these notifications, that was like a real deal breaker for us. Like I can't
imagine coming up to my parents and telling them, "Hey, you have to pay the equivalent of a Netflix subscription in order to get notifications for the things that matter to you." Like this just doesn't make sense to us in that sense. Maybe in a few generations, maybe in a hundred years where people are used to paying for every single thing that they did
Maybe that's all right, but definitely not now. So if we want to already now onboard people from Web 2, we need to give them at least a similar user experience, but definitely not a worse one. And if you have to pay for notifications, that's definitely worse.
Now, notify is actually a very recent player in the industry. We were a bit surprised that they decided to do a lot of things similar to us.
But they decided to start on Solana, which we decided not to go there, at least not at this point. Of course, we do have the end goal of being in every L1 or even L2s, etc.
But we do need to focus somewhere and start somewhere. So we go where it's most promising at least on the on the short and medium term. So yeah, we in a sense we like the fact that they have
already received funding. That means that there are investors that have understood the value that notifications can bring to the web 3 space. But they have also this similarly to push, they have decided to monetize every single aspect of their platforms.
So for the end users, they have to acquire an NFT to use their platform, which is a paywall. And we can see from the supply that they have like 2000 NFTs in circulation. So they have at most 2000 users, which doesn't really feel like the mass adoption that you would that you should
get and they also charge like tens of thousands of dollars for access to their SDK. So this is something that we're providing for free, both for users and businesses because this is how we are going to make the biggest impact. Now we can talk about our monetization
in a few minutes, but also regarding dialect. So they're also a project on Solana. We really like something that only us and them have somewhat announced. They actually have this very prominent
on their website, which is really amazing. I really like their landing page. We don't do that on our website just yet, but it's a feature called actionable notifications. So that's something that they're also working on. And I think it's going to be like a real game changer. So in
Instead of just receiving a text, a piece of text that says, "Oh, you've been outbid in this auction, and now you can go to the website and bid on top of the top builder." No, you can actually literally just have a button right next to the notification that says, "Bid
top bitter and you press it and you just authorize the transaction on your wallets to do the bit and it's that easy. It's like one or two clicks at most. We think that this level of integration is really next level and so far I've only seen a dialect announcing this. Now the thing is
is they haven't released anything as far as I know. So their landing page is just a canning soon platform. I don't know when they're expected to go live. I don't know their business model, but it's definitely an interesting competitor to keep an eye on, but they do also seem to be very heavily focused on
So, even their colors and the branding is very inclined or merged, let's say, with So, and we from the very start we have always had this vision of being multi-chain.
Thank you. And you also briefly touched on the to move on to a different topic. We briefly touched on the Radix grants program. It would be great to have your view on how it's been going. Like if you were to update the community, like how has that been for you and your team so far?
Oh, it's been absolutely amazing. So it's funny because it's called a grants program, but in truth it's more of an acceleration program. So you do get, let's say, a relatively small
of course, you know, if you're a single founder, that is a very generous grant, but if you're a team of with a dozen people, it's not as big as some of the other ecosystems are giving. However, the amount of value that the RDA
The X-Works team has been providing us as an insane level from product management to user testing to compliance, cyber security, physical security, that we are getting weekly master classes in all of
these different topics and they're helping us navigate these complicated waters that is Web 3. We have regulation coming, hot or not, hills, we have scams going back and forth. How can we navigate
navigate all of this. That's something that the team has been able to provide their insights and their experience. So for anyone that has gone through or that is familiar with why combinator,
The Ratics Grants program is very, very similar. So this level of education and also support. We can book one to ones with peers and Adam and any other person on the Ratics team to give us their
their insight on what we're building, how do we tackle certain things, what should be the strategy for certain decisions, right? And I think, of course, this does have, if you would have to put a number on it, it would have a specific value.
you, but I would say that it's immeasurable in a way. So it's very hard to quantify how valuable it is, but for us it has been very good and at least for all the other our colleagues.
OC's for up X or the domains photon and so on. I think all of us agree that this has been a very, very, very positive experience for all of us. Yeah, no, for sure. And do you have any any types of advice as founders to those building their own project on radics?
So I would say that if you have a grand vision of something that you want to build or you already started building, then you're most efficiently a good contender for the next cohort of the Red X-Prance program.
So this isn't just a one time thing, nor a one off. We just were lucky to be on the first cohort together with our other five colleagues, but there's definitely a next second cohort coming after hours and it will of course be
even better because the team is learning from the experience that they're getting from us. And yeah, so if of course, you know, you want to build something that is, you know, like a something simple or just like a copycat of something that exists on another ecosystem that of course has its very
Valley was well, but what I think that the the the the Ratic's team is looking for are these very promising projects that can lead really scale in a way that is very unique and different. They have this different perspective to the markets and you know
Now, if you're just like a copy of some other project, that's not, I mean, you'll be solving a needs that exists within Radix, but you need to solve a problem that exists in Web 3 entirely, or even better than solving a Web 3 problem, not just a Radix problem, is
solving a web 2 problem. If you use web 3 just as a way to solve a problem that exists in web 2, that's the best way because you'll be onboarding people from web 2 to web 3 because you are solving a problem that they have, that traditional finance just is incapable of.
But yeah, anyway, apart from that, if you are a developer, the Ravix Discord is literally the best place to be. Even if you're not the developer, I would still advise to be on Discord. I'm actually a bit sad that most of the
the non-dev or non-tech community is just on Telegram for addicts at least. I would like to see more, let's say common mortals who are like non-tech people be on Discord as well. Discord is a great platform. I'm actually very
passionate about it. But yeah, that's definitely a place to be in, but in order to connect with other people, Telegram is still the king. If you want to do partnerships with other projects, et cetera, yeah, those would be the best places. Yeah, for sure. And you
You can find all of those things on our Twitter pages or even if you're listening you can go to the website and you'll have all of the links for Telegram, Discord at the very bottom of the website. So we're looking forward to having you there. Discord is also one of my favorites as well and I really wish people use this
scored more. We might get some games next coming soon, so that'll be quite fun. But moving on from that, just think about what comes next after the grants program finishes for you guys. Like, what does the roadmap like for Hermes Protocol?
Right. Right now, we are quite focused on building the business platform. We are hoping to go publicly live, let's put it like this, within the next couple of weeks, definitely
We're targeting next week for an announcement, but if there's any delay, then I'm sure one of the week will be more than enough. We definitely want to be live long enough to already have quite a few businesses signing up before consensus. That's like our short-term goal is to already have a few dozen businesses
on our platform for the more broad RADX community. So for the users, not necessarily the businesses, you can actually already go to our web app. And so this is something that I've been waiting to announce on this basis. Of course, the tweet will come out at some point
announcing this more officially on our page, but you can already go to app.hermysportacall.io and sign up. Make sure you do click on the signup link that's on the page. Don't just connect your wallet immediately because that's just the login page once you go to that domain.
This is something we need to fix. We need to merge those two pages. But yeah, so start off with signing up. You're creating your user account once you connect with your Zeus wallet. And yes, Zyder is coming next and we're also already working with the official Ritex wallet that is on on baitonet.
And of course, that will go live once Babylon comes. So all of those options are coming very, very soon, but right now you can already sign up with Zeus. And once you're in, our platform will ask you to connect your Discord or your Telegram account so that we can send you the notifications to your direct messages using our bots.
At least right now, that's how we deliver the notifications, but we are actively working with the RADX wallets, several of them, to deliver the notifications directly inside of the wallets as well, which I think is the best integration.
say and at least we're not dependent on the discording infrastructure and or telegrams. So yeah, that's our focus. So although you can already sign up, I'm not sure if we will already have notifications available for you to subscribe to. Definitely between today and Monday, you will be able
to already follow wallets, so this wallet watcher feature. But you can expect, of course, other things like price alerts using this or ZPI. We will have like, while alerts for trades done on OC swap and the other marketplace
is also a very exciting integration that we're working on so that you know before your domain expires and if your domain has been reserved by someone else then that goes into an auction so you will be able to be notified if you have been outbid by someone else so like all of these
things are really about keeping you informed and they will go live very, very, very soon. Now talking more on the medium to long-term, we definitely want to explore the capabilities of the personas that Ravex has
this is something that is very, very unique to Radix and we do want to take advantage of its possibilities. But at some point we'll of course have to expand onto other ecosystems as well, like Polygon and further through Cosmos as well.
Now, something that is interesting regarding this aspect for the RiveDex community is that the more ecosystems, the more later ones we support means that there is much higher cross-pollination factor between
these ecosystems. So this means that by supporting a much higher or much bigger chain like polygon for example, for the users that will use their platform, they will inherently see radics at some point either on our social media or they will see that it's an
enabled blockchain on our platform and they'll be curious and they will see, oh, what is Ratics? And then when they go and look it up, they'll actually see what it is about. So this is something that I'm actually really interested in seeing is how we can actually help these different communities merge together.
that are in and see each other. So what else? We have on our landing page a couple of features that we started working on, but we haven't been able to start actively developing them right now.
which are the cross chain wallets to wallets encrypted messaging. So essentially this is about people being able to message each other in a similar fashion to like Twitter chat or telegram, but just with their identity's
their wallets. So on Radix, of course, it's the personas, but on other layer ones, it'll be their wall of addresses. And of course, with a very tight integration with domain-named systems like RNS, this just makes it a much more cleaner experience. Now, we already have
have some of these designs you can see it on our website, but we haven't actively started the development for that. Now, one other last thing that we have on our pipeline is also a peer-to-peer trading system. So we have already built a smart contract on Terra, which
is based on the Cosmos SDK. So we can take that smart contract and deploy it on other Cosmos chains to enable people to create trading proposals with other people. And the feedback that we have gotten from people, especially the gamers, is that, oh, this is just like,
right-clicking on the backpack of a user on an MMO RPG and asking them to trade because you can actually see what they have and you can click on those things that you want and then you click on your things the ones you have and you're like, okay, this is what I'm offering you a change for this thing that I'm asking and that new person gets like a summary of what the trade is and if they accept the trade is
just done. So we're, we've already built up, but we didn't have the budget to audit, which is why the feature isn't live. We're actually quite curious to see how much simpler that smart contract will be on Ratics whenever we have the time to develop it in script. So it's something that I'm personally quite excited
excited about because although I have a tech background, I only very briefly worked full time as a developer, but when I met Radix and I started to go to the script workshops, it baffled me how easy it was to program script
So I was very skeptical because I never programmed in Rust and I never even tried solidity or anything like that. But when I went on the workshop, I was like, "Damn, this is really easy. I can definitely learn this and take it from here." So if I had the time, I would definitely not feel like I'm
blocked with weird situations and re-entering the attacks and all that kind of stuff that they have to worry about. So yeah, anyway, I think that's enough alpha for this question. Yeah, for sure. And I say to say that you and your team are in great
incredibly busy after hearing all the things that you're working on or the future roadmap and what's to come. So it's incredibly impressive and it's really chill to see in here. And just taking into consideration all of that that we spoke about and including the business
that you're planning to launch in, congratulations on an incident as well. What does success look like for Hermes protocol? What in your mind, even if it's metrics or team size or something like that, what does success look like for Hermes protocol and his products?
That's a really good question. Actually, as part of the grant program, something that peers challenge this to do, which I think I can talk about because it's pretty standard business
But we definitely weren't keeping that in mind at least until peers challenged this was to build what's called a core metric. So basically it's how you're going to measure your success. So I'm happy to ask about it because actually that's something that we actually
been working on. So for our platform specifically, we have several metrics that we obviously are monitoring and are building on. And we can only progress and keep developing if we
have in a free-caring revenue to cover our costs and then eventually once we pass the break even we need to hire more people to do more useful things for these versus end the businesses alike. So we really want to keep expanding and keep building these things
on the communication and the things. But to give more concrete examples, something that we would love to see is to have our notifications system on several wallets. We already have
agreements on Radix, but we would love to see it also on other wallets outside of Radix, like the Kapler wallets on Cosmos or Station, or if we talk about EVM chains, we'd love to be able to deliver notifications to like Madamask, for example.
We do also have, we want a grant a few months ago to integrate with XDFI. So I'm sure that at some point that will be the thing. We think that this brings the best user experience because it
It's all native, so it all just exists within the wallet. And maybe people don't even realize that what is sending them a notification on the back is Hermes. And that's fine with me. With us, I mean, we just want to make sure that people
can feel like they own and they control their data and their privacy. So as long as that's kept in check, that's good for us. So more specifically, of course,
same as many other projects we would love to see quite an increase in registered users, active users, etc. Of course, just having registered users without being active, that's a bit pointless, it's just a vendentry metric.
So we want people to use our project and we want them to you know follow each other's wallets We want them to be notified when they are staking with validators and they change our commission so that they they can re-delegates to another validator that is charging less and so on we we want we for the the few people
Not much few, it's already a few hundred, but for the people that have already been using our platform on Terra and soon, hopefully, Radix, I mean, you guys can already sign up, so. But yeah, hopefully we'll have these same experiences, so in on Radix.
For the people that have experienced what it's like to be informed when these things happen, they instantly become fans. So this is something that we would like to see it ever growing and see more people talking about, you know, how we saved their money, for example.
borrow position and you are about to be liquidated, you can be notified before that happens and then you can save money. So these kinds of, or losing your domain, imagine paying thousands of dollars for a very expensive domain and then it just let it expire because you didn't put it on your cash.
calendar or some other thing, right? And why should you have to bother with a calendar? So if you just can just press a bell icon on the website and be subscribed to this notification, I think that's the best way to go about it. So
Yeah, I don't know if this was too broad. No, that was good. That was that very detailed answer. Thank you. And just for the listeners, like who would like to help the Hermes Portugal project further? Is there anything you'd like to add?
Yeah, absolutely. So something that is common with all the projects, so not just ours or the program or the projects in the grants program or any other projects on Radix or the Web3 space. If you like what people are building or even if you don't like, but if you
have the time, the teams or most teams at least appreciate feedback. If you don't like something, tell other people about it. Tell the team, tell them, hey, I got this thing or I'm wanting to website it and I'm lost. I don't think this is intuitive. Just let the teams know because when we are
or heads down building or building, we get so focused on what we're building in our product that it's very easy for us to understand, sorry, to miss how sometimes things are not intuitive. So definitely share feedback. That's the number one thing that I can tell every user
If you like a project or if you would like it to be better, talk about it, tell the team about it, share that feedback. That's very precious. If you like a project already, and if you don't see anything wrong with it, of course, spreading the word that comes naturally, of course, if you're a fan,
In our case specifically, and in some of the projects on Radix as well, we do have a validator on Radix on the Radix network. We're currently sitting on the 98th position, if I'm not mistaken, so we're very, very, very at the bottom, which in a way
is actually very positive for everyone that is listening because by delegating to our validator you are effectively contributing to the decentralization of the Radix network and this applies both to Radix and Terra where we also have a validator which is also on the position 120
something and there's like 130 active validators. So we're also at the bottom on Terra. So we appreciate any delegations on either of the validators. I would most definitely take a look at when you pick a validator,
Look at their website. Look at what they're doing. Are they just the validator in the node render or are they effectively building something that is also useful for the platform? Like there's this new guy, Krunknodes or something like that that doesn't have his validator on the active set yet. He built a chat
chat on his website that is like, "Ratics aware." So you can make questions to it about Ratics, an indole answer. Of course, it can hallucinate sometimes just like any chat GPT interface, but it's already quite interesting.
other validators have dashboards where you can see the decentralization factor, you can look at charts and a bunch of other things. So definitely pick one of those when you're picking a validator to delegate to. So yeah, in our case, it will also be supporting the decentralization of the network because we're so
much on the bottom. But yeah, also for anyone interested in it, we will have an air drop at some point in the future. This isn't a promise that a token will exist, but we have promised an air drop so
a network will at some point exist and we will take into consideration the biggest stakers, the longest stakers as well. And even if at some point we decide that creating a Hermi Stoken doesn't make sense for some reason, we will honor the air drop and either air drop XRD
that we will buy from the market or we will air drop a stablecoin like USDA from Ashriless and others. There's something like that in order to compensate all of the people that have been supporting us from the earliest stages. So yeah, if you needed that X-Rain Scentive, there you go.
Perfect and just to the listeners we're gonna jump on to questions just after this last sort of question So get your questions ready and we'll answer those in a few minutes. So just finally
You may have already done that in your last point there, but is there anything else that you would like to mention or bring up or even just say to the community and the listeners right now, anything at all?
Yeah, I would like to invite anyone who is listening to definitely join our telegram community and also our Discord. I mean, right now we're already getting a lot of people joining our telegram community because we're quite active on Rathick's at the moment.
And most of the Rallyx community is on Telegram, but we're obviously very looking forward to having new people on our Discord as well. I know that OCSwap, for example, they have an amazing Discord server as well, and it has a fraction of the activity that they have on Telegram, which is very sad to see.
So definitely give this quarter shot. It does give you like a much better organization. You can see the topics that you're talking about better. It's more organized. You can find information better with your search and so on and so forth. But yeah, definitely join the community.
give feedback, try the things, give us use cases, tell us what you would like to see. We're here to serve you, essentially. So we want to help you be more efficient. We want to help you not lose money or lose opportunities.
Yeah, that would be it's yeah, yeah awesome. So we're just going to go into questions now. We have a quest from Thai official so let me just, Jesus speaker should be connected now.
And if anyone else would like to speak, just let me know. Ty official you know how to make.
Thanks for having me.
Yeah, I can hear you. Okay. My question is about your marketing improvement this year. Can you tell us a little bit about it?
Sorry, I didn't quite understand the question. You mentioned something about the marketing exactly
Yeah, but what was the question? Sorry.
I mean, how are you improving your marketing feature?
Right. Okay. So we unfortunately when we had to reduce our team, we were left just with the technical team and engineers essentially. So all of the communications on social media
I have been going through myself and of course I have to wear a ton of different hats at the company. So it's a bit complicated to manage everything at the moment. But I can already say that it will be much more focused
In that regard for this next month of April, we have quite a lot of very exciting announcements to share between new projects that we're going to be supporting or the other way around.
doing integrations within the project's websites and so on and so forth. So in terms of our marketing strategy, we definitely think that as we get more businesses to use our platform,
We will also be onboarding their users. So in a way, if things work right, we will be the platform that has the most users on RADX or any other L1 where we go in because the businesses will
will be using our platform, which means that their users will also be kind of our users in that sense. Also, as people get to user platform, and as I mentioned earlier, they actually are able to save money
for these different situations, they will of course, you know, do some word of mouth. Now, in order to, you know, to share something a bit more specific, like all the other projects on the grants program, we will be at consensus at the end of the month of April.
which is going to be very exciting for us and of course that's always a good marketing touch there. We're also organizing meetups in Lisbon and we are trying to get more and more connected with other projects.
So yeah, I would say that's about it. Connor, I don't want to add something. Yeah, Northpeft, I think you're perfectly summed up. Obviously you mentioned that all the projects within the cohort will be
retweets or pushing out articles on the website. So yeah, the efforts to make these projects not only in the cohort but also in the wider ecosystem, the success is as a priority definitely.
And does anyone else have any other questions? Tyoff, do you have a tag, or should you have any more questions for Hermes?
Yes, I have. Thank you. So the other part is just to be able to beat your team members.
Sure, so right now we are a team of eight so I've already talked briefly about myself and and what if you weren't here at the beginning I would just for briefly sake recommend just hearing the root
recording. It was talks very at the very beginning, so you won't have to wait too long for the other team members. So we have a full stack developer that has very strong focus on Cloudflare technology, which we are very heavily using.
We have a front end developer with a very good experience in UI UX. We have a junior full stack developer who has been mainly focused on backend tasks like working on the blockchain translation, parts of the code and interpretation. We have a UI design
And also another front end developer that's currently interning with us and he has a good for an intern. He has quite a good JavaScript experience. So he's already adapting quite well to the team.
Also, we do have a team section or at least we had, I don't know if you still have it, but either way, if we don't have it on the website, you can of course just look us up on LinkedIn and go and type people's profiles. We're all doxed. So yeah.
Yeah, and if you want to learn more about Hermes' protocol or just communicate with the team itself, RDX works with just pushed out an article on the website, so feel free to go
over there and have a look. It should be on the spaces as well at the very top of the spaces session. The link should be there. And just make sure to join the Hermes channels and have a chat with the team. I'm sure they'll be happy about that.
Is there any more questions from any other members of the community before we pop off?
Any kind of joke you are.
Sorry, are you I think that cut out there? Yeah, I think they're asking about jobs
Yeah, we're not currently hiring. I don't know about the Radix team, but for us specifically, we're right now still below the break even threshold. So like everything that we have built so far has been free both for business
and users. So the only income that we have has been from our savings, so from the founders, we have been investing heavily into the platform. And we're hoping that with the platform that we're just now launching for the businesses,
is we will eventually be able to break even and turn a profit. And of course, as that comes, then we will of course need to hire more people, especially on the marketing which you have touched. So, yeah, right now that's not a possibility, but as
we become more and more successful, hopefully that will become a thing at some point. Yeah, no, for sure. And for any, for any roles with RDX works, there should be on the website, the careers page of the
website so if you're looking for anything and also we have a Radix jobs telegram group, series you I don't know if you know about that but yeah we've got that so I will personally share that into
the main group after this and then hopefully a few of you can hop over there. There's loads of people there who are looking to network and connect. But yeah, just last call for any questions for actually just to add a little
The thing here, I'm actually happy to touch that the topic of the telegram group. Anyone here that is listening, if you are working with the project, regardless if you are a founder or just a business developer for the team,
definitely reach out to me on Telegram or you know you can search me China maintain on Telegram if you can't find me just join the Hermes community and ask for me I built a Radix business development group where I have
basically gathered most of the founders and business developers on the ecosystem so that we can discuss partnerships and maybe things that we can help each other with like compliance and fundraising and so on. So yeah, definitely if you have a project do
reach out so that we can discuss and help each other. Great, that was a fantastic conversation Sergio. Thank you very much and thank you to the wider Hermes protocol team as well for your support.
With no more questions we're going to end it there, but thank you very much again to the listeners and the community. Brad, this wouldn't be possible without you and your support, so yeah, we are in debt to you and I'm sure Sergio would say the same.
but thank you very much and the next spaces will be Aussie Swap which are here today so I should end next week for our meet the project with Aussie Swap and yeah have a great day and we'll chat to you later thank you very much and we'll see you
Thank you. See you around. Bye bye.

FAQ on Radix Grants Program: Meet the team - Hermes Protocol | Twitter Space Recording

Who is Connor?
Connor is the social media manager at RDX Works.
Who is the interviewee and what is his role?
The interviewee is Hermes Prozcal and his role is a co-founder of Hermes Protocol.
What is the background of the founding team?
The founding team of Hermes Protocol has diverse expertise in technology, finance, and development, which effectively serve as the foundation for its innovative web 3 communication platform.
What inspired the creation of Hermes Protocol?
The lack of optimal user experience in Web 3 inspired the creation of Hermes Protocol, which is a communication platform that started with notifications.
How did Hermes Protocol start off?
Hermes Protocol started off by parsing data in real-time from the ledger on the Terra blockchain and working closely with projects like NFT marketplaces, decentralized exchanges, and more to know what smart contracts they use.
When did the team open an office in Lisbon?
The team opened an office in Lisbon in May 2022.
How did the team transition to building for a business platform?
After creating the native notifications for the ledger, the team knew they needed to scale to the mass market and make their platform accessible to everyone. They started building for a business platform after joining the Radix grants program.
How did the team ensure their platform was simple and accessible to everyone?
The team needed to strike a tough balance between making their platform simple enough for everyone to use and having as many capabilities as possible so that businesses don't feel limited by their feature sets.
What is the purpose of the Radix grants program?
The purpose of the Radix grants program is to provide financial and technical support to projects building on the Radix ecosystem.
How did the interviewee learn about Radix?
The interviewee had already personally met Adam, the CSO of Radix, at Consensus last year and was later positively surprised about the way things are done on the platform after doing his due diligence.