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Tekika X Kuma AMA
Recorded: June 7, 2024 Duration: 0:49:19Space Recording
Full Transcription
don't don't uh spoil how today goes for me okay yeah good point i'm only gonna say today was a
good day so don't worry about it let's go let's go well super super happy to have you with us here
um maybe let's just kind of crack on with a round of introductions and then we'll we'll cut into
talking about kuma sounds good yeah wonderful i'll go first pass it to jake and then we'll
we'll best as last year um hey everybody uh i'm the big gooey uh i've been working for the telos
foundation for the last couple years now um been working pretty exclusively over on the tequila
project with uh the rest of the team here and happy to be here over to you jake hey everybody
i'm jacob i've been working with telos for about two years now too um and i've been going super hard
on tequila amazing amazing
yes hey my name is uh rafiq so i'm actually bp of growth uh at memo labs uh so the company that
contributed to the creation of the kuma protocol which is now governed by the memo token holders
and um yeah i mainly support business development and marketing together with the rest of the team
having a lot of fun building and making sure that we bring rwa uh on chain and uh yeah super happy to
be here you know and to be able to to partner with uh techica uh for this uh for this adventure
yeah awesome thank you so much for coming and um sharing the good word of kuma with us um so kuma
protocol um i actually don't have too much experience with it i know just a little bit
about i haven't really poked around too much so i'm actually looking really i'm actually really
looking forward to this i i want to learn a bit more about what you guys have going on
you mentioned um rwas i'm sure um people listening now or people listening later may not have any clue
what that means i personally um don't either and so i'd love for you to tell us a little bit more
about like what kuma is and um how you gotta i don't know how how it got started put your goal and
what your vision with it what your vision is with with the protocol sounds good um so
yeah let me just maybe uh explain a bit what kuma does and then a bit more about the history
uh and how we came up to uh to build the the kuma protocol so essentially um the goal was to bring
uh rwas so reward assets uh on chain uh essentially bringing you know traditional financial uh products
uh on the blockchain so that can be i mean we've heard like a lot of other protocols doing the same right
i think real estate was a big hit like a year two years ago i think it got a lot of people very
excited to be able to buy a house or buy portions of a house on the blockchain and in the kuma protocol
we were focusing up until recently uh a lot on debt so essentially like we did ust bills we did
other type of sovereign bonds like french sovereign bonds or corporate bonds from different companies
that are listed uh for example on the new york stock exchange uh and so on so essentially i would say
it's quite simple it's uh bridging uh traditional finance with the blockchain world by uh making it
possible essentially to have those traditional financial assets on chain which makes everything a
lot more efficient and a lot more liquid because all of a sudden uh you have everyone who is able to
to play the game and to be able to uh to buy and sell uh but also it's a lot more liquid right
because you can go in and out of uh of an asset uh pretty efficiently and so yeah to tell you a bit
more about how how it came uh to be um so the the initial idea was for kuma was to bring back yield
during the the bear markets so i mean you know how it is like the the crypto industry the blockchain
industry is quite cyclical and we thought that okay having a whole space on pause that's not great
and having it being too cyclical is not is not great especially when i mean we believe it's such an
innovative uh industry so really the company's motto and and the mindset we had when building kuma was to
make sure that we can help users no matter the market conditions and therefore we wanted to build
something that would make yield available uh during the market as well as uh the bull run so this is
why we launched kuma back in january 2023 so it's been a bit over a year now and back then it was the
first protocol that made reword assets and uh in this case the first one we launched was usc bills
permissionless and yeah we're now continuing to bring new tokenized assets with much much higher yield
uh while keeping always our users safety uh in mind wow that that's actually really really cool stuff
um yeah i have to i have to get on there see how it works um and then maybe partake a little bit too
myself yep yeah very happy to i think it's quite uh easy to uh to do it you can obviously use um the kuma
protocol uh directly but i think for uh for a lot of users around the world like it's been i mean
the easiest has actually been to just look for uh the pools where we have some of the uh assets so you
can just you know like uh uh lp uh in them and take advantage of uh of the rewards and the yield yeah
provide liquidity to the pools that you have and then um take advantage if you are yeah that's a really
good way to get involved not too hard yeah that's really cool i'm really curious what's what is the
process of kind of like working with traditional finance and integrating it into blockchain is that
like does it come with like a lot of compliance issues has it like what's that journey been like to
take something that's very traditional and kind of put it into an innovative framework yeah i think um
um i mean very good question first of all and yes it was a lot of work uh with the regulator and um
obviously to get the licenses and to get the right setup uh was no easy work uh i have to say the
founders they did an incredible uh work with that and it took them almost two years to uh to complete
everything but essentially i i would say the main the main i wouldn't say obstacle but the main challenge
there was to have the regulator understand what we're actually doing and obviously for them the
the number one task is to make sure that it's not putting uh the the investors money into risks so i
think from the moment they understood how blockchain works and what we are trying to to achieve then it
was a rather um good i would say an enjoyable discussion but up until that time then it's yeah it's a bit uh
you you you have to first you know teach them and you know have them understand what blockchain is
about and how it works and why we intend to actually disrupt and innovate uh you know in the the financial
industry and then it was actually uh actually okay but then for for the type of assets we brought on
chain um there was no big challenge because essentially and this is what we made the choice to first focus
on listed uh companies and listed debt so that means that you can find it publicly so like usc bills like
again like other other countries uh sovereign bonds and uh corporate bonds that are listed on on different
type of stock exchange then it was quite easy to uh to tokenize because essentially you would buy it
tokenize it and then have it on chain but it's easy to go in and out of it i would say in the traditional
financial world as well very interesting could you like i'm very curious to have like the process of
say um because i know you guys have treasury bills on the on the site that i was looking at the process
of um like what does it look like to earn yield on top of uh like an rwa like how does it i guess this
might be a stupid question but like say i purchased one of the nfts how is it that the uh the the bill
essentially earns me yield on the blockchain yeah so very good question and uh happy that you mentioned
the the nft because okay so here there is what is important to note is that the the tokenization model
was built in two very distinctive uh layers the first layer is actually uh done by memo so that is
the company is based and regulated in the european economic area so that is the first layer essentially
it's the information they are regulated layer so there let's say you want to get your hands on a
tokenized t-bill you would come come to memo and do your kyc and you will then
request like okay i'm looking to buy for one million dollar of us t-bills in this example but
it could be other type of assets that we're uh that we're now having like let's say tokenized ai
computing power or tokenized btc miners so the first step is we actually bring that asset on chain in the
form of an nft so here we're still in the permissioned layer so then once you process with once you
the payment you get your nft and then it's in your wallet or with your custodian what happened is that
the nft does not uh increase in value you would actually get the the the yield the day you redeem
so the day you essentially either you have enough and you want to and you want your money back or the
date which is maturity uh you would then like go back to memo and be like hey you know i want to
redeem my nft and then you would get your money plus the yield now what happens is that the second
layer is permissionless and essentially the kuma protocol would allow someone like you to take that
nft and swap it for its um stable coin counterpart so that that will essentially create those erc20s
that are uh interest bearing
oh okay i think i get it so that's where like the liquidity part of this comes from then too right
like you're exactly able to invest in the bill but if if you swap your nft for say the usk um then all
of a sudden you're kind of flush with liquidity to play with on the other side of it exactly and
then you can create different pools you can create different strategies and uh yeah you can lp
and then this is when the whole yeah the whole i guess defy game starts yeah that's very interesting
so you're you're kind of like taking one traditional asset and then you're able to just
kind of explode it into a whole bunch of different positions if you if you so choose to do so
exactly yeah yeah very cool i like that idea and i think it like do you find um do you find that
people are more likely than to borrow against traditional assets like like i know rwas have
just been everywhere currently and given there's like a lot of there's a lot of uh you know history
around how people have been involved with assets in the traditional manner do you find people are more
apt to invest in those things that are you know maybe have a a better track record quote unquote
than say here in crypto yeah i mean i think i think i mean there's two maybe two different scenarios
right the first one is to give a product that's crypto users uh that have been in this space for a
while uh i mean so that they can diversify their portfolio with it that's the first thing but also
not have 100 of your investments into volatile assets and the second scenario is more like okay
so we have people who who are not uh who are beginners uh in the blockchain space or let's say
in the in the crypto space or they want to actually get uh into it but it can be a bit overwhelming when
you get there and you feel like okay everything is a meme coin uh you know like there's so many
cryptocurrencies i don't know in which one to to to put my money so having rws so those tokenized assets
on chain might be a basically a good point of reference uh to them so they're like okay let
me let me do a first step into the the crypto world but at least i know what i'm investing my money in
yeah that's super interesting and then i guess how um like are there more
more offerings that are coming on down the down the line in terms of those rwas that kuma is going
to be involved with yeah so until now um i mean until now until a couple of months ago actually uh we
were still focusing on debt right bringing like tbos and like sovereign bonds and and other type of
corporate bonds but now what our focus is on much higher yield uh tokenized assets and uh there so now yeah
we we have to organize essentially uh ai computing powers or gpus and uh btc miners and in this case
the yield is paid in in bitcoin so the goal was okay we brought rwa on chain which is great the space
responded well uh but we still think that uh most of the crypto users even though they like the idea of
having rwas uh on chain and even though they like the fact that they can like diversify their portfolio
and still get some yield mo i mean most are still eager to have very high yield you know looking for
that 5x 10x so we thought okay we need to actually have something that pays more than the traditional
five to ten percent and this is why we tokenize like yeah ai compute and and btc miners to be able to
reach that 50 60 percent or up to 50 60 percent yield on those assets
oh that's super interesting i love what you guys are building here it's so uh
so cutting edge so cutting edge sorry i i hogged the mic there jake i i got super interested i'll pass
back over to you no you're all good yeah no that's that's all good insight um i'm definitely learning
something new today so really really cool love what you're building over there so i guess uh
another question to ask is what brought you over to telos um how did you find yourself here
well to to be to be very honest i mean it's been a really really positive uh experience and really like
special shout out to to the telos team and i mean uh uh i think uh i don't know if we can name drop
people or not but they've been amazing you can you can of course you can yeah but yeah like so we
worked a lot with nikki sukesh justin chris and lee and everyone has been extremely uh helpful that make
a big difference uh because i mean they were just making sure that we were able to launch in the right
conditions and that it was a successful launch and uh yeah just helping each other uh essentially
make sure that the deployment is done uh correctly and then we were able to to work also with symmetric
for our launch so and it's been an incredible experience but also for us it was good to see um
that i mean you have a lot of l1 and l2s out there obviously but to be able to to work with telos that
has a track record that we can see there was like for example never never a down time that everything
has been very efficient uh very fast and also great to see that when we uh we needed some some
things to be on chain for us to to deploy they were able to help and actually make sure we have the
right infrastructure and the right partners to be uh to be able to do so so all in all i have to say it
was a fantastic uh fantastic experience that's awesome that's that's so good to hear telos is for
the people exactly yeah i'm glad you're having a good time over here um and i'm happy everybody was
able to help you get what you need thanks yeah and so i guess moving forward um not only are you on
telos but now kuma's partnered with takika um yeah would you be able to tell us a bit about the rewards
you have planned for takiko holders and maybe go into a bit of the quests that you have uh lined up
for those that are holding holding a takika nft yeah sure sure sure so um yeah i mean first of all
we're also super excited about this opportunity to give uh to give back to the users but also to to
give users some something fun to do while learning uh more about uh obviously the the i mean the whole
telos ecosystem takika the partners and about kuma at the same time and uh i mean especially great to to
have this setup not as you know the classic quests where it's just a list in front of your eyes and
you just go like okay let me do the first task second task third task and you know it's not very
compelling it's not very exciting uh so having this whole like world that was built in takika is pretty
pretty cool and um so kuma will be distributing uh two thousand five hundred dollars in rewards uh for
the campaign and that's not even counting the fact that the tasks involve pools in which rewards are
quite high uh in those pools so currently and i can give you when i expand the tasks i'll give you a bit
more detail but so on top of the rewards we have set apart for takika the pools currently pay around
two to three hundred percent apr uh and i mean for those who won't yeah for those who want to check
it out just go on symmetric put telos as a chain and you can search for uh wrapped usk so w usk and then
yeah i guess you can thank telos and symmetric later but yeah and i mean for the tasks pretty uh
pretty simple so we have a first set of on off-chain tasks uh where users will have to follow our twitter
account join our discord and telegram and uh our zili as well and really uh we we encourage everyone
when you join to just uh write a gm and if you have any questions on kuma how it works or how to get
involved obviously just messages uh there the team is uh ready to to uh to help and uh also like
obviously highly encourage everyone to do all of the tasks on on zili and we will be monitoring
obviously the users closely this year during the takika campaign on our zili and and on our
socials and then the second set of uh tasks are on chain uh so there it's uh it's more about
getting people to understand okay well you know uh learning about kuma and you know for example in
this case what uh the wrapped what usk is so the the stable coin backed by ust bills um but also to
get to know how to do some defy tasks so first of all you have to do something pretty simple it's just
wrap uh sorry swap some of your tokens for uh usk and and then uh i mean and then for this task we
made sure that we have different amounts so that it's uh it's uh gives a chance to everyone to do it
but also more opportunities for those who want to swap uh bigger amounts and then the second task is
to provide liquidity in the first pool that is usk with usdc and here as well we have set uh different
amounts and the last task is to provide liquidity in the pool with some telos and some uh usk so again
just making sure people get familiar familiar sorry with uh kuma but also with what you can do in in
defy and understand that okay there is the rewards from takika but if you start to understand how defy
works uh you can you can also like take advantage of a lot of yield on a lot of pools uh in the defy
space yeah i love it i love it i think the tasks that you have laid out are are simple yet yet enough
to get someone's a feet wet i guess in the space of defy i remember the first time i swapped tokens
on like ethereum it was it was it was crazy it was insane i i was like what am i doing um but i think
it's important for people a lot of times people will invest in a token they'll maybe move a token over
to a wallet i guess a coin they'll move a coin over to a wallet and they'll just sit there and
they don't really um you know dive into the ecosystem swap for different tokens and i think
it's a really cool experience and for someone who does hold crypto or partakes in in crypto uh i think
it's really important to know how to use different defy protocols in addition to swapping um you mentioned
providing liquidity um i think that's also just progressively another step that many will have to
take um in the space of defy um and it's something that that everyone should learn how to do um
definitely uh get get their minds and have have a general understanding of what it is you're doing
and why you're doing it um when you're providing liquidity so i think um exactly these tasks you have
are perfect yeah and it it often seems quite complicated but actually when you actually have
to to do it then you realize well okay it was not that hard and when people like oh you have to lp
into a composable stable pool it seems like okay what it was what are they talking about what is that
what is a weighted pool what is a composable stable what is you know what are all of these different
pools out there but at the end of the day it is quite simple if you take the time and i think to do
it for a game right it's it's more fun and it will also teach people like okay well you know if you
have some tokens some eth some usdc uh or some other especially if you have some stable coin that that
don't pay that you can actually swap them for something like usk that will get you some yield
but also then discover that okay well until us in this example if you go on symmetric if you go on
velo core if you go on ice cream swaps you can just essentially go and check all of the pools
they have how much they pay and start to like provide liquidity in different ones yeah no yeah
definitely and um one of the pools you guys are providing is basically a stable pool the wrapped usk
and the usdc so exactly the the barrier to entry the risks associated with with with that pool are
basically nothing so um yeah definitely very true definitely a great learning experience and a good
way to to make some to make some additional money on top of like you're saying a token that doesn't
really move too much true no exactly yeah yeah yeah very stable usk backed by usd bills usdc obviously
back to the dollar i mean people can shake the mechanism i think the risk is uh i don't want to
say zero but it's quite low to to still make some very interesting uh yield and rewards definitely
definitely yeah it sure seems a lot less like risky than you know the majority of the plays that are out
there i think that's kind of what i'm taking away is like it's it's hard to beat something that's backed
by you know something as dominant as a treasury bill right it's not it's not some like weird airdrop
defy yield somewhere that could evaporate tomorrow right like i think the real the real like if if
if these treasury bonds and bills like evaporate i think we've kind of got bigger problems than the
yield on top of it right like i think it's i i to me it really seems like and and kind of getting back
to the whole idea of i think what we're doing with the kika here is that this this is just a great
opportunity for people to explore um things like kuma and to me like i'm already very like my interest
is very peeped in terms of like i'm a pretty low risk averse guy i've lost a lot of money in this
environment and i'd like to not continue doing so um and and like honestly real world assets uh have
are like just at the forefront of things that i'm looking to put in my portfolio because i just think
like one you know as we've been saying it's it's a much safer bet um and two i think that that is a
really great way to start that kind of pipeline of intriguing folks that aren't part of crypto to
to like yeah it took i don't want to say pipeline them in but like there's something i think much
more tangible about something they know or have some familiarity with that all of a sudden it's like
oh i can experiment with that on blockchain as opposed to you know the abstract concepts of how
you know tge's work and and just like any of us have kind of dealt with in the you know defy realm
it can be convoluted it can be difficult to navigate and just kind of you know as somebody who's been in
the space for just over three years like some of it's still very confusing to me and and like takes a
lot of digging so i think you know just saying like you can invest in these bills that are
fractionalized and tokenized um it just it kind of cleans up that equation in terms of how you
communicate that to folks no but precisely and i think also it makes it more accessible to to
to a lot of people because for some i mean in some jurisdiction and some in some countries it is
actually not possible to get their hands on on these type of assets right if you're not a qualified
investor or if you don't have a certain amount uh to invest and so on but i think here it's
it democratizes the the uh the access to uh to these assets so i i guess my next question then
is like do you see um like you guys are are dabbling with the the the us treasury bills but
i really feel like um asia is just like taking this ball and running with rwas do you think that they
like the just the regulatory framework makes it really hard for the the us to advance in in really
like kind of nimble ways but like do you think that asia has the potential to be like kind of a leader
in this field soon uh yeah i think i think it's much i mean they move much faster obviously their
jurisdiction are easier to to deal with and um i have to say i mean we've heard a lot of i mean
us including and other uh other companies in the space or the products in the space it's always a bit
like okay well you can deal with everyone but maybe maybe the us be a bit more cautious before
you you go into into that market which has pushed everyone to look towards uh asia to to to build or
to actually just promote the different uh project and i have to say we did the same and uh especially
now with the higher yield backed um rws we have so with with the btc miners and the ai computing power
we've seen a lot of traction in asia i have very big interest in asia for that so yeah yeah i think
yeah yeah the the environment there has made it a lot easier for these type of uh or for this vertical
in the the crypto industry to to uh to grow faster and in terms of like i guess the you know rwas is
such a huge net in terms of what it can encompass and obviously you guys are dealing with
both the kind of ai btc and the traditional kind of assets but like do you what do you think this
looks like for say something like luxury assets like watches or cars or um do you think that's
that's kind of on the horizon yeah i mean we've seen we've seen a lot of project trying to to to do it
i think it's i think they're going the right direction i think it will develop the tech and and
you know create something solid however the only question or integration i i i mean we often discuss
is okay well let's imagine we are able to i mean obviously now we can tokenize those those type of
assets or you know as you said like luxury items the only issue is will companies out there actually use
your protocol or create let's say rolex wants to you know tokenize the watches to show your your the
the ownership of of a certain watch will they create their own uh their own protocol for that
or will they use something that is already out there that's the big question mark and we haven't
seen yet a big big corporations make a make a move really so it's a bit hard to say i think tokenization
will happen i think there is no i mean i have no doubt about that but how it will happen that's another
that's another question especially i mean specifically when we talk about luxury items
yeah for sure i guess it kind of comes down to like like like you said if they develop a platform
but the incentives around like you know say if i bought like a rolex nft that was standing in for
the watch and it i was able to you know have greater yields based on what i you know thought the returns
on it would be like i i guess that the kind of permissionless nature of blockchain lets you kind of
port it over to wherever you're able to make the kind of biggest gains as opposed to like
traditionally where like you you're just going to i i don't know i've never sold the watch but and
jake maybe you're better better be for this um but like i imagine you probably got to take it to an
appraiser get it get it validated and then sell it like there's kind of a single point of sale rather than
on chain where there just kind of seems to be you know a broader audience of customers
well for for when it comes to that particular example uh and in the same style we've seen a
project in dubai that was essentially saying like hey well if you're going to wear the watch obviously
having an nft link to it could prove the the ownership and it's a real one you know and you would
need to have kind of like an rfid chip inside the watch which is you know some something a bit
different but what some others what that project in particular was proposing is to say like hey you
have a luxury item that you're not gonna wear that you essentially keep because you see it as an
investment come and put it into our vault like a physical vault like it can be a watch can be a
a person whatever it is it's going to be closed in there and against it will give you an nft so now
that nft you can go and sell it wherever you want and if people know like okay there is this particular
watch in that vault here's the nft whoever holds the nft can go to the vault and take it out now you
have all of a sudden an nft that can be sold to other people that give you ownership of the watch that
is inside the vault and if the watch takes in value well your nft becomes more valuable
yeah it's almost like just a much more nibble asset at that point than just just in the physical
realm jake jake you're the watch master i love you your take on this yeah no i mean i think the the
question you brought up was just just verifying that it was that it was like a legitimate watch and
just all the steps you have to go through prior to selling it especially if you're doing like
uh like a single party to party kind of transaction um but i think i think um once you do deposit that
watch into said vault that's where all the verification can happen and then from there the nft is as good
as is as good as gold i would assume that's how i would go about it but yeah in most cases when when
you do sell luxury items um you'll you'll get an offer um you can accept the offer but um that doesn't
necessarily mean you're going to sell it you have to go take it in get it verified um check all the
paperwork especially with rolexes they come with they come with a card they come with specific boxes
and then um in some cases you have to have them open depending on how old they are just because
the fakes are pretty good these days yeah they are pretty good so i have to say i was impressed i mean
i'm from susan and and actually um my my uh father was a watchmaker and i have to say i've been quite
impressed uh with a lot of fake uh fake ones out there yeah yeah especially rolexes i've seen um
some some pretty some pretty crazy ones i um on the newer watches on the older ones they did it too
but there's basically like a laser engraved crown um at the uh at the sixth position that you can only
see certain angles and sometimes you can't even see with your eye um it's in crowned into the uh the
crystal and um i've seen some fakes that do like a really really good job which is insane to me just
because the amount of detail that goes into like i guess what they're producing is is crazy and then a
lot of times like um like the outsides and everything is pretty much down to a t um that you would have to
open it up to see that the movement is is the actual like swiss made rolex movement yeah which is insane
it really makes me think a lot about too how um recently you know like the digital art market
especially on chain has just done insane numbers even since 2021 in that like this has a lot of
implications for traditional art bringing their assets over like you know i don't think it's
or too far off from seeing um real world assets and like you know putting a paint you know say that
the mona lisa for a terrible example but put that in a vault nft it and all of a sudden it kind of is
it really levels the playing field for a lot of these assets in terms of how you can trade them
and and what you can do with them
exactly yeah yeah no i think i think that makes it uh again we're just making it a lot more efficient
right so
yeah absolutely can you guys hear me oh sorry oh yeah oh yeah yeah you're good yeah okay
no no i mean i think even with the mona lisa right that that's that's the whole point because
uh at some point you have all of these i mean being be it art or other type of object that if you sell
you have to move and that's not convenient and or or simply simply put you live in a place where
there is no infrastructure for you to keep something very valuable so again having it in a safe safe place
but being able to in a way stay liquid and if you want to sell it do it fast i think that's uh
uh that's the true innovation here just don't send it to a burn wallet no
i was just thinking about that yeah oh no oh no i wonder i guess you put it in multi-sigs just to be
safe but probably better yeah i was just thinking about that while we were talking about watches i was
like man what if i accidentally sent this to the wrong address and you know now like joe podunk in utah
has my rolex nft uh yep that's funny it is yeah that that is something that will definitely happen
in the future there's there's no doubt about it it'll happen at least once
oh most definitely yeah i mean then again like that that comes back to to uh obviously security and to
have mechanisms where okay well you know you you prevent those from happening and i guess yeah
multi-sig is is uh one of them and then yeah i think what will get better better with that again i
think if you want to bring a lot more users uh on on chain and if you want to cater to to more people
out there it cannot be such a i mean i wouldn't say it's a challenge or an obstacle but it is pretty
scary a lot of people get scared to actually do transactions or test a transaction three times
before sending the full amount just because indeed like if you do send it to the wrong address that's
it there is no way to reverse it there's nobody you can talk to and it's gone forever so
yeah that's just just how it goes i guess
yes but yeah i mean it sounds like you guys got a lot going on over at kuma um is there anything
that you can share with us that you guys are working on or uh have planned to release soon or
um any type of like blue sky concept that that you want to put out in the next year so yeah i mean i i think
for us um again right now the full focus for for everyone is really to make sure we can bring um
to everyone those like high yield uh tokenized assets so again here it's like ai computing power and
and uh btc miners and then we'll look for more of those i would say uh innovative uh assets that we can
bring uh on chain and then again just to make sure you know we cater to to the biggest number we will
continue deploying on new chains and we will continuing uh to to open pools with interesting
yields and rewards for uh for the users again like which we try to attract as many new people as possible
into the crypto space and also into uh newer chains uh like like telos you know that are like bringing
some some some serious improvement and innovation in the infrastructure so yeah just focusing on that
making it easy for users and bringing high yield products really cool really cool um i don't know
if we mentioned it before uh but make sure everyone listening now uh you go ahead and you follow
kuma protocol um on on x you can if you're listening in you can click on the profile click on follow
and then if you haven't yet make sure you head over to kuma dot bond that's the correct website
right exactly yeah yeah yeah so kuma dot bond give it a go check out what they got going on there
yeah and i would say for anyone who has questions uh obviously just join our telegram or discord
and they're uh yeah very happy to um to to answer any questions help people getting on board be it
if someone is interested in nft or to redirect people to uh to the different pools we have set
up uh on telos and and other chains make sure you guys go and do that cool okay well gooey do you have
any um additional questions you'd like to ask if not i'm thinking maybe we can open open up the space for
some questions if anyone has more um yeah i'm trying to think i bet you i'm gonna have a bunch
when i'm uh off the call here but i i i just feel like i you know it's been a really great discussion
to learn about what you guys offer and like kind of wrap my head around rws a little bit more i was
definitely looking forward to this conversation and i feel like um i'm starting to conceptualize how
this all works in a in a more meaningful way and i'm excited for folks being part of takika to like
get to learn about it because i think you know defy is is its own set of you know it's its own thing
but this feels very like very different in a lot of ways and very new and refreshing so i'm really
looking forward to you guys being part of this whole thing thanks yeah i'm super excited and i think
it's it's great to be able to bring two worlds uh together so defy meets uh web3 gaming so yeah
yeah yeah definitely exciting cool we'll um we'll open up the space so if anyone in the audience
uh wants to request a speaker ask a question please please do so also rafiq if you have a question for
us um you can you can ask them ask them to ask away we've been hounding you with questions all all
space so feel free to shoot some our way if you have any yeah i mean just one one uh i mean i would
say a question that our community has been asking a lot is when they can expect to actually uh start the
the the tasks and the steps on on takiko
um yeah that's a really good question and um one that that i'm sure they'll be excited to hear that
uh i believe i believe and gooey you can you can correct me if i'm wrong um i believe closer to the
end of the month is when uh our mint will go live um it may happen sooner and then as the mint after the
mint goes live um following that our quest platform will be opened up for everyone and all to use
okay nice yeah exciting we're actually really really looking forward to it we've been um
going through each of the quests um just dotting our i's and crossing our t's when it comes to the
website making sure the ui is is just easy to navigate um fun to use um everyone on the team not
not just myself gooey um shelley as who's who's probably listening in and uh chris i've been just
devoting so much time to the platform and um just the overall world and takika and um we're really
excited to to get it out for you guys nice exciting okay great great i'll uh i'll let them know but i
think everyone is yeah very eager to uh to start and uh see the nfts and and get going
yeah you won't be disappointed that's for sure i think what we've learned is um
the just in terms of like what this looks like has has changed vastly from where we started and i
think that um building your own platform especially like a quest platform that's i think innovative in
a lot of ways and to me it's like i i just get really energized every time we like look at the the
latest build and kind of like put it through its paces so i i know it's been a real weight and the
um the telus community especially has been very forgiving and in um the delays here but it's it's
definitely going to be worth it and i think that the like if anything like the art just slaps so hard
every time i look at these things i'm just like holy smokes this is our collection and i can't wait to
see people out there in the environment rocking these things and just kind of the reception because
it it really like like i said before it feels like something very different and kind from um
the kind of task platforms that are out there right now so i think it's got the potential to
like really shake things up and i think it's it's going to be worth like the i i think what we just
really didn't want to do is put something out that felt like here it is like we're all very very
excited about it and uh there's just a lot of attention and detail going into every single
portion of it so hold on to your butts exactly all right
wonderful well maybe uh maybe this is a good place to wrap it up
um super appreciate you coming out here today rafiq and talking with us and letting us know what's
going on with kuma sounds good thanks for having me it was an absolute pleasure and uh yeah i mean
again everyone feel free to to come and ask uh questions and uh i mean we just can't wait to get
going with the with the kickoff so waiting uh impatiently for for the kickoff let's go
well have a great rest of your evening there and we'll talk soon all right have a good day everyone
take care take it easy everyone
