Rubic Weekly AMA

Recorded: Feb. 9, 2023 Duration: 0:33:54

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Right, for those of you just tuning in, we will begin in just a few minutes. We're going to give it about five past the hour before we go ahead and kick things off today.
We're going to let people join both our Twitter spaces lobby as well as our Telegram lobby. So, it'll be just a few more minutes before we kick things off.
For those of you who have already tuned in, we will begin in just a few more minutes. We're going to let some more people join both our Twitter spaces lobby as well as our Telegram chat lobby. So we'll be just a few more minutes.
Okay, we'll begin in just another minute or two. We're just gonna let some more people join.
All right.
looks like we are good to go.
Let me go ahead and...
Kick things off here. All right. Hello, everyone. Good day to you all and happy Thursday. I'm so used to having this on Friday. It's almost one to say Friday there. I hope you're all having an excellent month and an excellent year so far. Thank you for joining me for another
episode of our Rubik Weekly AMA on your host, Colin O'Brien. And I am delighted to be here today to bring you more news on the developments at Rubik. If you'd like to follow along with our weekly update report, you can find the link to the Medium article on our Twitter or in our
telegram channels as well. Now as usual, I am hosting this weekly AMA via audio through our Twitter spaces and via video on our official Rubik Telegram channel. Both formats are saved and you will be able to watch or listen to them after the fact share them with friends. Now being an AMA
I will do my best to answer as many of your questions as I can. There are still some things that I can't talk about, but I'll let you know that if those questions come up. As always, please DM me or tag me with questions that you may have throughout the week. I can always consult with the team and find the best answer for you.
So today I'm going to go through our weekly update report and pause intermittently to field questions from our audience. If you are interested in lending your voice to this podcast, you're more than welcome to click the microphone icon in the bottom corner of the Twitter spaces UI or the Razor Hand icon and our telegram
chat and I'll call on you to ask your question. Now if you're shy and you don't want to speak up, you can always go ahead and ask your questions via text through our Twitter spaces chat lobby there you can post comments and also in our official telegram channels as well.
So without further ado, let's kick things off with the weekly update report. We have on the development side of things an updated roadmap. So we're happy to share this updated roadmap with our community and answers questions about what Rubik is doing to differ themselves from bridges and aggregators.
and demonstrates our commitment to constantly upgrade the user experience, the user interface, our SDK and our widget, all with cutting edge cross-chain features and cross-chain tech. That would include limit
So let's kind of go through some of the items here on the weekly update report. So for quarter one of 2023, we have a number of options.
the Rubik version to launch with new architecture. We have on chain limit orders. We have the Stargate bridge integration, on Rampor version to integration, the Revoke service, the Trust token list, the mobile site version relaunch, the
Now integration, ICP blockchain integration plus new chain integrations focusing on layer two networks, but we haven't, haven't decided who exactly we're going to go with yet as one of the first that will integrate there for this quarter.
And that kind of rounds out the remainder of Q1. Some of those items on that list have already come to fruition. And those are some elements that we'll talk about in the weekly update report a little bit later. Moving into quarter two of this year, we will be integrating cross chain messaging and signal
And we'll also be integrating messaging and signals for the software development kit. We'll also include two new chain integrations with a focus on layer two networks and then also the mobile application launch. So we're coming out with a mobile app.
And then in Q3, we have cross chain templates for lending platforms and farming platforms. And then scheduled calls and oracles or cross chain aggregation. And then scheduled calls for our SDK.
Moving on to quarter four of this year, we'll have full cross chain SDK for most blockchain networks. Most cross chain tools under one SDK umbrella making it the full Rubik Tech Suite in that one SDK. And then also NFT
integration as well. And then moving into Q1 of 2024, when you start getting that far out in crypto, that feels like an eternity. So obviously some of the things later on in the roadmap are subject to change, but we are going to try and hit those. So Q1 of
24 would be Morales and Chainstack integrations and then Q2 and beyond will continue to add more chains and new tool additions. All right, make sure you guys check that out. Moving on from there we have our limit orders. So on Monday
We integrated one-inch's limit orders. Now our users can take advantage of one of the key features traders use to professionalize and automate their trading. Rubik's limit order protocol will be available at app.ruvic.exchange/limitorder.
And this is available again on Ethereum, B&B Chain, Polygon, Avalanche, Phantom, Optimism, Nosis, Arbitram, and Aurora. Rubik's limit order feature is available on those nine chains. And for the moment, it is only on chain and on the chains that we have specified.
And you can only do us like limit order on one chain at a time, like multi-chain hopping for limit order execution, at least not yet. So we'll see how that progresses. But you can read more about that. We have an article regarding the limit order features on Rubik. Link is in the weekly update report.
Moving on from there, we have a new token security feature. So this week we've added a new feature to the Rubik app. When you go to select a token, it now has a special symbol next to it to every token. And that shows whether or not the token has a reliable
contract or if it could be a scam and that is using the go plus database. There are four categories that we use as metrics to basically rate or gauge token reliability or security. So the first would be the token
token is in the GO+ trust list. The second would be that the token has no elements of concern. The third would be the token code contains some low risk elements. The fourth would be the token code contains some high risk elements of concern. Those are the way that we break those down.
terms of how we would show that to our users to let them know that the token ranks in one of those four categories of reliability and security. So they'll fall into one of those metric categories. And you can also go ahead and click on the icon. It's a little shield.
And if you want to know more details about the token reliability because it will transfer you directly to the go plus page devoted to that particular token security status. They go plus acts as a security infrastructure for web 3 provided open permissionless and a user driven security services. So a big shout
out to the team over at GoPlus for all their work and everything they do across the industry. We're very happy to have partnered with them to provide our users with this security feature. Up at Flora, I go any further here. Let's check and see if we have any questions in our Telegram chat.
Let's see.
No, nothing pertaining to what I've covered so far at least. So let's move on with the rest of the...
the rest of the developments on the weekly update report. So we also have Stargate integration. So our team is currently working on the integration of the Stargate bridge and that will be for the following chains. Ethereum, B&B, Avalanche, Polygon, Arbitrum,
Optimism and Phantom. So these seven chains, Rubik users will be able to swap native assets across the chains via Stargate in a single transaction. The most outstanding feature of Stargate is that it uses layer zeroes ability to transmit information. This helps to connect each blockchains
liquidity and to improve the capital efficiency of the system as a whole. The Rubik team is very excited about this integration because it offers us not only a strong partnership with Stargate who is doing great things in this space, but they are, again, making
the Rubik platform and ecosystem even more robust. So a big shout out to the team over at Stargate. The integration will go live after all of the audits are finished being conducted and this will be sometime around the end of this month, the end of February. So we will keep you
updated in future weekly reports on the estimated time of arrival on that integration. Moving on from there, we have an update on the Rubik app itself. So our team continues to
and optimize the platform to enhance loading times. And that's exactly what the team has just done. Now the website loads significantly faster. And we have started to unify the appearance of token icons as well. So all of the top token icons
will appear in just one standardized manner. So again, keep that feedback coming for our team so they can continue to make improvements and adjustments to the user interface and the user experience to ensure that we are hitting all
categories for our users.
All right. We have no questions. Again, we're in winter and we're also in crypto winter. I'm not dismayed. I know a lot of people are taking a breather.
And I know that Chinese New Year starts tomorrow. So there's a lot of people in that part of the world who are taking time off. And that runs about two weeks.
I mean, pretty much from tomorrow, almost through the end of the month, a lot of people are going to be out. So that's not just on the industry side of things. That's the retail side of things as well.
All right, let us move on to the marketing on the weekly update report. So, apologies, my allergies just started going nuts. We have a, we'll be prime votes. So we're working hard on listing the new RBC token on major centralized exchanges.
As the new economics have allowed us to allocate funds for these listings. So as part of this process, we've applied to participate in the OB/B prime vote. Good news is that OB/B is selected Rubik as one of the 25 quality candidates for this vote. So to vote for Rubik,
You have to lock your HT tokens to earn voting rights and this will start on February 15th. The project that would first place will be eligible to list its tokens on who will be for trading. Please stay tuned and we'll have more information for you as that progresses.
I know we're in the works right now, me and L, on trying to get onto an AMA with WoB. So I hope to be able to participate in that very soon and make a positive splash for Rubik and their community.
We'll be amazing to be listed there. All right, moving on from there, we have our Rubik Crosschain Tools for GameFi. So our aim is to become a comprehensive crosschain solution for all DAPs. So we're working on currently spreading the word and letting
and businesses out there know how Rubik's tools can be useful for countless types of Web 3 applications. So we have an article that we'll be releasing tomorrow that is devoted specifically to the GameFi sector as Rubik's cross-chain widget and especially the SDG.
are very much going to be a helping hand to these projects. So we also do have another article that we've already released about how our tools could support game-vide development and you know why gaming platforms need to go crosschains. So we'll have again that new article up to
tomorrow and again completely devoted to game 5 which I think is going to be the thing that that brings in the masses to web 3. You already see gaming 5 out of 8 people on the planet play video games and that number is only going to increase as time goes on.
and the baby boomer generation starts to phase out, you know, Gen X generation phases out and then the Gen Z and Gen Alpha get older, right? So I think gaming is going to be huge for the industry and the Rubik SDK is going
to be perfect for Web 3 gaming apps to be able to utilize crypto inside the game without users having to go to a multitude of different places just to get tokens that they can utilize to purchase endgame assets, NFTs, et cetera.
Moving on from there, we have our probit trading competition. Trading of the new RBC token has started on probit. Next week, we're going to be launching a trading competition for the RBC token on probits.
So the top 20 traders by volume will win a share of the reward pool, which is $5,000 worth of RBC. So we'll have more information as we roll into next week regarding that trading competition.
Stay tuned. Let's check and see if we have any questions. And either are Twitter Spaces lobby or our Telegram chat. I don't see anything in Twitter Spaces.
Nothing in our telegram chat. All right. So let's move on. We have our blockchain fast 2023. That takes place in Singapore on February 16th and 17th. So coming up in one week.
It is one of the most interactive and popular events in Southeast Asia. It focuses on blockchain, tech, and general exchanges, tokens, DeFi, NFTs, mining, gaming, gambling, online payments, investments, and then just general fitness.
tech industry related projects. So one of Rubik's co-towners, Alexandra, will be given a speech about the difference between cross chain and multi chain architecture. And I wish her the best of luck. She should have fun out there. Singapore is a place I've always wanted to visit.
and I hope to one day. So we'll see it. We have some more news here on our ambassador program as well. So we are beginning this long-awaited ambassador program for our Rubik Rangers. So you're welcome to join the
ranks of the Rubik Ragers and start working together with the Rubik team. So a few of the things that you can help with are creative materials and design, beta testing, community management, and social media presence.
If you want to learn more about the program, we have a link to the document to go check out what that entails and what each of those ambassador positions would entail in terms of the work that you would do and what you would be able to contribute to the
project in the Rubik community. And then we also have a link to the order form there to fill out your application for the ambassador program. And then we also have a cubes drop contest for using the platform. So the launch of our new tokenomics,
the end of 2022, enable us now to run bigger marketing campaigns. So we're happy to announce a new cube drop for platform usage in 2023. This will be focused on boosting transactions at Rubik.Exchange and bringing more people to the platform. So right now we're working out the exact
rules and conditions. We'll share those later. The program will start sometime in March and will run it for a 12-month period. Your rewards will depend on the number of transactions you make at Rubik. Exchange, as well as the number of NFTs you have gathered during various Rubik marketing activities.
Let's check and see if we have any questions or comments here. Don't see that we do.
Let's go ahead and move on with the rest of the weekly update report. We have a new SDK integration, so the Solswap Dex completed their integration of the Rubik SDK into their platform. So moving forward, Solswaps users can seamlessly swap tokens from the Phantom Network
to Avalanche directly within the SoulSwap interface. You can find that at exchange.soulswap.finance/cross. Our cross-chain tools are here to enrich decentralized exchanges with new possibilities and provide users with more trading opportunities
in the easiest ways possible. We have an article that is devoted to Y-dex's need to go cross-chain. There is a link to that in the weekly update report as well, but congratulations to SoulSwap and Big Shoutout to Buns and Chantras for
integration of the Rubik SDK into SoulSwap. We also have a new widget integration. So the latest project in our ecosystem is Kabusu. Kabusu is an internet famous dog who inspired the doge meme in
to fluids digital culture for an entire decade. We have a screenshot of that integration there on their website, so make sure you check that out. And then last but not least is the little blurb in there about today's weekly voice chat.
reviewing our weekly update report and hopefully answering at least one question from our audience today. It looks like we have a comment here. Nope, just a bunch of rocket ships. Yeah, to the moon. Yeah, it's definitely a unique environment right now.
Now, from a retail perspective, it's very similar to 2018. I wouldn't say February of 2018. I would say more like May or June of 2018 in terms of overall market conditions, because we've already had the
peak the peak back in the 1718 Bull cycle happened right around December, January of December 17, January 18. And then, you know, really had a low point as it progressed towards the end of 2018. So it took about
10, 11 months for the complete fall. This particular cycle, I mean no two cycles are identical, right? But in this particular cycle, it looks like we're about five, six months into the downtrend already. So if historical trends
We could be looking at slump continuing for a few more months, at least before market conditions start to turn around. But from what we're seeing and from what we're hearing from different projects in the space,
that everyone is in build mode right now. People, the wind will be, wind Binance, windcrack in, crowd out there, they've kind of disappeared and that is enabled a lot of projects to focus on.
on improving what they've built or continuing to build upon what they have already built. So it's actually quite refreshing from the inside to not have to deal with the constant cacophony of Moon Boys, right? So yeah, it
But things are progressing nicely. We are forging ahead and our business development team is continuing to do a fantastic job of reaching out to projects. Talking to them about the solutions that we are offering for problems that they have just started to experience.
or they anticipate they will experience. I think that that's something that people are going to start realizing and recognizing over the course of this year because what we're seeing as well is a lot of applications, a lot of decentralized applications are identifying the
the issue with being limited to one chain ecosystem. So a lot of applications themselves are seeking to be on multiple chains it wants. So as they start to come to those conclusions and they start researching solutions to that,
and how they can move forward and provide that inside their application, that's where the Rubik SDK comes into play. So I think this year is going to be a huge year for the expansion and adoption of the Rubik SDK. Again, as projects go back into build code and they start identifying
the issues with trying to go multi-chain and that the cross chain solutions that are out there are very limited. So our business development team is doing an amazing job and we'll continue to do an amazing job talking to projects, talking to businesses,
and really informing them about what technology currently exists on the market and why Rubik is the best solution for them. Let's see if we have any more questions or comments in either of our chats here.
I don't see anything.
No, no, no questions for anybody. So another quiet dig in today, but that's okay. I am not deterred. Like I said, I see the cycle repeating with, you know, kind of mirroring a little bit of the last major cycle.
I know for sure that things are going to turn around again and when they do, we are going to be well positioned integrated into a number of DAPs and hopefully we'll be at a point where we are thought of as a standard in the space.
So I would like to thank you all so very much for lending me your time today. You know, these days I feel like that that is the biggest commodity that people have at their disposal is their time. So I do appreciate each and every one of you for
opportunity in live and for those as well tuning into this as a reporting. We can't hope to do this without the support of our community. So on behalf of everybody at Rubik, I'd like to sincerely thank you for your support and for constantly being a participant in our
community. All right, everybody, I think that is going to do it for another Rubik Weekly AMA. I'll be again, I'll be back again next week to give you guys more updates, share some more information on
the Stargate Bridge integration and hopefully share some great news about the the who will be voting and maybe even have some awesome additional news to share with you. We'll see. So.
I'd like to thank you again all for joining me today. I've been your host, Colin O'Brien. Thank you all so very much for stopping by and as always, stay happy, stay healthy, stay hydrated, but most importantly, stay cubic. Take care everyone.
[Clock ticking]

FAQ on Rubic Weekly AMA | Twitter Space Recording

What is the purpose of the weekly update report?
The weekly update report is meant to inform the Rubik community of the latest developments and news at Rubik.
What cross-chain features and cross-chain tech does Rubik offer?
Rubik offers various cross-chain features and cross-chain tech, including limit orders, stargate bridge integration, on-ramp or version 2 integration, revoke service, trust token list, ICPR blockchain integration, and more.
What is the roadmap for Rubik?
The roadmap for Rubik includes various integrations, launches, and additions for the platform, including mobile app launches, cross-chain templates, full cross-chain SDK for most blockchain networks, and NFT integration.
What platforms is Rubik's limit order feature available on?
Rubik's limit order feature is available on Ethereum, B&B chain, Polygon, Avalanche, Phantom, Optimism, Nosis, Arbitram, and Aurora.
What is the new token security feature added to Rubik app?
The new token security feature added to Rubik app shows a special symbol next to every token that shows whether or not the token has a reliable contract or if it could be a scam.
What is the go plus database used for in Rubik's new token security feature?
The go plus database is used to rate or gauge token reliability or security with four categories: token is in the go+ trust list, token has no elements of concern, token code contains some low-risk elements, or token code contains some high-risk elements of concern.
What chains will Rubik users be able to swap native assets across via stargate integration?
Rubik users will be able to swap native assets across Ethereum, B&B, Avalanche, Polygon, Arbitrum, Optimism, and Phantom via stargate integration.
What is the most outstanding feature of stargate integration?
The most outstanding feature of stargate integration is that it uses layer zeroes ability to transmit information, which connects each blockchain's liquidity and improves the capital efficiency of the system as a whole.
How does Rubik inform its users of token security with the new security feature?
Rubik shows a shield icon next to every token, which users can click to transfer to the go plus page devoted to that particular token security status to know more details about token reliability.
What does the Rubik team hope to achieve with stargate integration?
The Rubik team hopes to strengthen its partnership with stargate, which helps make the Rubik platform and ecosystem even more robust.