Yeah, production of the future, very good.
Now, the common thing here is like us nine founders,
each one of us has an average 20 years of experience
So collectively, we have around 200 years of experience.
And when you know they have some business partners
or business people who are able to build different businesses
in the last 20 years, especially during four major recessions
and succeed to keep the companies and the business
profitable, they definitely know something.
They definitely have an experience.
So when this experience collectively come together,
that experience start to have a sharp eye
of the future production of the economy.
So we are the Simpson of the business and the economy.
OK, given that you are also launching online shopping mall
with 8,000 renowned brands, I was wondering,
will users only from Dubai be able to shop and get cash back
offers on your online store?
Or users from around the world be able to shop and avail
Sister, those 8,000 brand, they are in 168 countries.
So actually, Dubai has the less.
USA has, of course, the biggest shopping mall.
Also, India have like we have mantra.
We have some major Indian shopping stores.
It's like almost 168 countries.
So it's not only locally.
That's a global shopping mall.
Given the global reach of your founders and the project,
how do you approach regulatory compliance
in various jurisdictions?
And what steps have been taken to ensure adherence
to and for evolving crypto regulations?
First of all, we have delayed our launching event.
We're supposed to have it in December.
We delayed it to March because we care and understand very
well the importance of regulatory.
That's why we achieved our US trade license.
We, 99, completed our UAE trade license,
not in one place, in three places.
Abu Dhabi, Dubai, and Russia came up.
So wherever we move, we acquire a trade license
And we focus at the main two countries that
are like representing the crypto world.
You know how crypto in Dubai become a hub for the world.
And USA is very well known.
So we have already have our US license.
It's already posted on our Twitter.
So I invite you all to follow our Twitter account
so you can also get all the latest updates.
We also post every new things, our exchange listing,
our upcoming event, our upcoming trending trade license events,
all posted on our Twitter and our Twitter gram.
And also, we're working in different trade license
whenever we move in the world.
We understand more trade license, more blessing.
So we are from that world.
Thank you so much for answering all my questions.
Thanks for the questions I share.
Next up, we've got Ramat.
OK, I've read in your white paper
that the Simpson AI smart contract has been renounced.
So I was thinking, don't you think
that it may create any challenges for your development
team in making improvements, especially
in the machine learning algorithms
within the smart contract?
Or do we maybe add new features in the long run?
That actually was part of the old roadmap.
But because we're very transparent,
whatever we announce, we don't change.
But we discussed with the community,
we are not going to renounce the contract.
Because that's absolutely what you say.
It's going to affect the machine learning,
affect even the exchange listing.
When we need to whitelist the exchange
wallet, when we need to air drop in the token.
So we are not going to renounce the contract
until we are in violence.
OK, you talked about a massive seven star launch event
I was wondering, will this event only be open to the holders?
Or it will be open to every four people?
It's going to be actually the people attending the events
are going to be invited live.
And the event is going to be both casted in all our channels.
We're targeting more than 100 case streaming.
But of course, new people who want to look at the project
They can be receiving an invitation.
It will be starting from the next week,
spreading the invitations.
On your roadmap in phase three, it's
mentioned about Samsung's secret income protocol.
So can you tell us what I'll elaborate on your secret income
protocol, and how will it going to benefit native token
OK, it actually was like a forex trading protocol
that we developed over the last eight years,
with three mathematician professors
that they're my friends, and with eight coders.
And now this one has been in the last nine months
forked into different crypto exchanges
and tested over crypto parameters
and was working perfectly.
With quarter is something between 15% to 25%
with a very tight drawback.
Thank you so much for your time.
Thanks for the question, Rama.
And I just remembered something going back to the cashback
that you're going to be launching the next month or so.
I was wondering, is there any sort of stipulations
on how many tokens you hold to get the cashback?
How does it sort of work for users?
No, it's going to be for all our users,
even if you get a hold like $100 or $100,000.
The cashback more is going to be open for all the holders
The different tiers has different benefits.
Let's go back to questions.
I see we've got Captain Levi.
You've done a really impressive presentation.
I'm happy that you guys are actually
quite a family team in your experience speaking.
I wanted asking about the community engagement.
You seem to have a really strong community back in you.
But clearly, you definitely need a lot more.
And I think with the strategies that you have discussed,
you'll definitely be getting a lot more.
But a statement here in your white paper
says that as long as you keep the community support intact,
that you keep on being innovative.
I'm sure that in your accumulated years of experience,
you have also received insights from various people
with different expertise.
And your committee members may have these expertise
you may not necessarily have.
Does your team pay attention to what
is going on in the community chats?
And have there been any community suggestions
that have been taken out by your team?
Actually, our team, we have four different moderators
working around the clock, 24-7.
And they're reporting to us.
And we, as founders, we're always
active on the community chat.
Because we believe and understand the power of community,
we're always being there.
We look at the suggestion.
And that's why we are launching our also voting panel
And there's going to be a lot of community engagement
in XP and farming, where tweeting, retweeting,
sharing the news, sharing projects,
all going to be gaining XP and points, a kind of gamification.
We're also going to enter to the metaverse work
with the gaming and the 3D conferences
So we're trying to build it into a real life manner, where
people can really share, talk, and participate.
We know that we still need to build more.
That's the opportunity for everyone,
because we are just at the beginning.
And the price, as you see right now,
is like at an extreme discounted price.
Why I ask this, because of one of the roadmap on your face,
two of your roadmap, you actually
plan to engage your community really well.
Because you said you intend to give a look
at passive community rewards.
Could you shed more light on this?
And how does it help the Samsung ecosystem of our role?
OK, the community building rewards
is like farming, where after we were
done with building the back office, which
is going to be in a few weeks, that's
going to be also connected to Discord
and connected to Telegram, where our community partners,
where our people are going to have their batches.
You're a bronze holder, you're a gold holder,
you have different authorities to do things.
Now, you'll be gaining points, XPs,
when you share, when you tweet, when you like,
Those XPs, that's going to be allocated every month
and divided and converted into earnings.
Because as you know from our economics,
we look at 5% of the total supply for rewards, farming,
stackeling, and referring.
OK, so is your NFT market is going
to be integrated into these points?
Or the NFT market is something that happens differently
No, it would definitely NFT minting.
And also, our NFT is going to be built up with utility.
Because we don't want just like a regular NFT minting
with photos, and it's going to be an NFT with utility.
Where people, I don't want to really share more ideas,
because I like to keep it as secret as possible.
Because if you look at our project,
we've been copied five or six times.
And unfortunately, none of the people who covered us
could even reach the 10% of where we are.
So it's going to be part of the community building,
it's going to be part of the ecosystem,
and even the farming works.
All right, finally, regarding your academy,
have you started seeking out teachers
that you've been questioning for people
who participate in this academy?
I mean, those who have been teaching in your academy
that's coming up have people that are showing interest
in participating in this academy, whether it
will teach or they'll be learning from you.
We have a lot of surveys, and people, as I told you,
you have different segments in the market.
People are interested in the academy,
people are interested in sensing guide you have,
people are interested in the trading protocol,
people are interested in the cashback mode.
So you need to tackle all the different segments
by doing different stuff.
I really appreciate your insights.
I wish you guys the very best, and I
hope that Samsung Ecosystems takes punishment.
Thanks a lot for answering my questions.
Thank you for the question, Kamsan.
Next, we've got Veniz, your other question.
Yeah, thank you so much, Jan.
OK, I have been listening in, and you
mentioned that you have partners with 8,000 brands
and in different countries.
So can you shed light on how do you guys intend
to handle user data privacy, and will you
guys utilize user data with their explicit consent
to provide valuable insights to partner brands
for product recommendations or to enhance
their marketing strategies?
No, that already has been accomplished, Bari,
because that system has been running for the last 15 years.
It's already been running, and we've been having customers
who are earning cash back into US dollar.
But now the merge with Sense and AI is a new paradigm shift.
We're even opening for existing users and for new users.
So the security, the database, the product, everything
has been already done, implemented,
So it's not something new to us, something
that we've been doing for the last 15 years.
OK, hey, I understand that.
And as you have introduced different tiers
with distinct voting powers, can you
elaborate on the criterion process for users
to upgrade their tier to the highest level
and considering your commitment to financial education?
So how do you plan to utilize your academy
to empower these users, providing them
with the knowledge and skills necessary to then get
and participate effectively within the tier system
for the voting rights to make sure that they are doing
or they are voting for the right thing
or they are voting for something good as compared to others?
This is going to be from the XPs they collect.
You know, when they participate, they pass us,
they're going to gain points.
They refer, they're going to gain points.
When they pass different exam and different quizzes,
they're going to gain points.
This is like, it's not going to be only like passing,
but it's going to be kind of a motivation as well for them.
So on the both sides, it's going to work.
OK, that's really impressive.
And thank you so much for answering my questions.
Thanks for the questions, Venice.
Next up, we've got Naida.
With the upcoming launch of the online academy, offering live
and online events, I want to provide details
on the languages the academy plan
to offer its educational contenting.
Also, are there any plans to allow individuals
from the community to actively participate
as an instructor in these live events too?
First of all, it's going to be English.
And then if we need the need for different languages,
it's going to be exported different languages.
And as we grow on, we need the need more and more
and instructors and some people qualify.
We're going to have an open job for people applying for that.
OK, and you mentioned that 8,000 brands
are in more than 100 countries.
How do you navigate and comply with the various legal
restrictions, regulations, and data protection
law in different countries to ensure a seamless and legally
compliant operation of the cashback system?
Sister, because this has been running for 15 years
and it's a very long story.
It's a very big chapter, right?
We cannot discuss on the board.
But it has been already done.
As I mentioned, the cashback mall
has been running for the last 15 years.
All compliance has been taken, data protection, data security,
Oh, I think we lost Nida there.
We've got a couple of minutes left.
I was wondering if there's anything
we haven't touched on today, Khaled,
that you wanted to talk about, or we
could do a recap for anyone who's joined the spaces later
You seem to have lost Khaled.
You're still there as a speaker.
I don't know if you've dropped or not.
Well, if you're not there, maybe we can wrap it up.
It's been great speaking to Khaled from Simpson AI
to have real world use cases, bring it into crypto
It's a very interesting idea.
So there's lots to delve into here and say,
look at the website, look at the white paper,
check out the socials if you've got any questions after
And it's been great speaking today.
Thank you very much for everyone coming and take care.
And as we say, obviously, work on talks
for research and educational purposes.
It's not financial advice.