Good morning, good morning.
Hello Mark, how are you? Well, how are you doing, Brad? Not too bad, thank you, not too bad. Good, good. I'll ask some folks some time to get on. Hopefully everybody's joined there on Monday so far.
whether it's morning, afternoon, evening, I know there's folks all over the globe.
give some people a couple more minutes, about two more minutes guys. I'll play a little bit of tunes for you.
Sounds good I'm definitely looking forward to it
I actually can't get that music to play. It's starting in the beginning. I guess that's a new feature. I've been away this long from Twitter Specs, and I didn't even know that that was a new feature.
Well in the meantime, brand, house, house life man. House house, the new kid. Guess not going too bad. Thank you. At the minute we're just packing up and moving back to London actually. The only annoying thing is the weather here has got hot all of a sudden. I'm not too fond of the heat. Come on in.
Yeah, yeah, over the end of the UK, right? Yeah, the thing is when I'm on holiday say for example if we go Spain or wherever else It's like it's always like a different type of heat. I don't know how to explain it. It's like fresh heat when England it always feels like this sticky nasty dusty heat
I don't know really how to explain that. No, I got you man. Well, it's five minutes past, I'm gonna go ahead and get started. So, you know, a couple things. One, it's been a while since I've done a Twitter space and I felt like it was time to revive this and get back up
appear and get some engagement. As the title states, the future of REFY, how to invest in a sustainable future and why. So there's a lot of conversation about regenerative finance and REFY. Not many people really know what it is and why it's
a thing, right? So I kind of just wanted to discuss that and start at the beginning, what is regenerative finance? What is REFI? So, you know, for basic, you know, guys, those of you, matter of fact, how many of you even know what it is? Do you guys understand the concept of REFI? Let me see some hands.
That's right. That's right. I just want a little sad emerging marker. I think the thing is we need to get these spaces up and
running again. I mean when I started doing a space I didn't have many people joining but I think overtime and these spaces once they've realized the value they have they've become improving. Let's talk. I'll talk about regenerative finance. I'll be honest and say I wasn't a huge fan of regenerative finance. I didn't
care. It wasn't in my missions. You know when you join crypto, the first thing you sit and think about is, hey I want to make some cash, I want to make some money. And that's what the goal was. It was a new experience, it was a new beginning, you get involved, you're seeing all these shea but in ooze, all these safe men, all of these crazy
tokens and you get involved with crypto but over time and I will lead into the regenerative finance part don't worry I do like Bramble over time you sit there and go hey what is the actual meaning of all this because you have your highs you have your lows I'm sure everyone here has you know being on the top of the world
in whatever crypto token that may have been and then claim crashing down in face reality. Oh no, I actually do have to go to work tomorrow. And I think once you get into crypto and you're in it for a little while and you know you've been in it for a few years and the novelty wears off if you're still in it you start to
build out missions and you start to build out what you want to achieve. So the generic trade-off might be like, "Hey, I want to make X amount of money scalp trading or I want to swing trade or I want to learn futures." But then there's a different spectrum and there's a spectrum that myself, T, Dan T, and a lot of you guys
yourself maybe indirectly doing and that's like how can I use crypto to build and when I say build I mean there are so many opportunities at the minute I'm studying software development is something I really want to get into and one of the main arguments that I had was okay let's look at what I
want to do in the future. And with regenerative finance, it is the future. And if you want to put that in comparison, so hey, I want to do software development because one, it could be utilising Web 2 and three is one of the most common things utilised in Web 3. Now, I think crypto and regenerative finance would create
a pathway of such because a lot of us in here, if not all of us, bar a few, you know, some who are directly in it, they got in it for the region, they've done that their entire life. Regenity of finance was a very foreign concept. It was a very, you know, it wasn't something that we had our eyes on, you know,
If you speak about a year or so ago, two years ago, a highly doubt people were coming up and saying, "Hey, I'm going to plant some trees today using crypto." But I think the best thing about regenerative finance is it's not just the generic crap points. You have the DeFi mission, which is, I think, one thing a lot of projects
is the actual sustainability side. And that is a bit of a play on words there because regenerative finance is always about sustainability, growing the planet, expanding your knowledge and building within making a green future, green technology. But as to sustainability, one thing I've noticed with ReFire projects and ReFire in general is
is a lot of these projects before they set out sale already have a mission and I think that's one thing that lacks in generalized DeFi is these DeFi projects you see crop up all the time you know you've got baby sheep or any or whatever comes up or the new Pepe hype you what will these tokens that come up but they don't have any core goals
they don't have any core function, they don't have any reason to be there. The only reason to be there is to make some money and write the hype. Whereas if you look at a lot of regenerative finance companies and you can relate that to Kyoto, you can relate that to other projects, the tree gins, eco sapiens, a lot of these projects, they were built with core foundations already in mind. They were
built with an idea that backs their reasoning, the reason why the token goes like the reason why they do bronze, the reason why they're building their products, all of them have a major goal. Now I'm not saying DeFi doesn't have that, but I'm saying it's very rare to come across a re-fi project that has no angle. I don't remember the last time I
I saw stumbled across a meme refi project. I don't remember the last time I stumbled across a refi project that didn't have some sort of roadmap or some sort of end goal. And I feel like it's a very, very unique niche. I think it's a very, very important niche because if it does interest you and you are here to make money and you are here to
even if you're not there to better the world but you have the entrepreneurial mindset, you're able to invest in projects with confidence and that's one thing I like about the ReFi sector is that you're able to use confidence in projects because there isn't that mean culture because there isn't that the shit coin ideology you can actually go in and find projects
see what they're building, are they doing carbon credits, are they doing reforestation, are they to do with saving animals, are they there to build a zoo to protect endangered species, a lot of them have their own goal, and I think that's one thing that's very very unique with Reefy. Well said, Brad. Shout out to our nephew, Josh.
then appreciate you dropping anybody. Hopefully I said your name right. More than welcome to speak if you need. But you know for the brain, I appreciate that. And those that for the purpose of listening back since this is recorded, I do want to emphasize kind of what brain is talking about. So,
to finance. Just so we understand what it is. It's simple, guys. It's an approach to finance focuses on investments with positive and environmental and social impact. A lot of people are probably going to ask, "What's the difference between refying traditional finance?"
That's simple. It's very simple. Refires and I prioritize all these investments that have a positive impact on the environment and society, watch traditional finance, often focus solely on maximizing profits. That's the only goal. That's the difference right there. Refires are going to utilize
these tools and technologies blockchains specifically to track their further impact of investments, whereas the Stratian Finance typically relies on traditional financial instruments. That's everything from your stocks, your bonds, what have you. That's great.
you can seek to get a return, but we can't verify a lot of the background information. You can't visibly or verify the environment or social impacts on the underlying investments when it comes to stocks and bonds on the financial side of
aspect of traditional financial side. So it's very important. And yeah, did you have any input on that, Brent? Did you want to say anything? Not totally agree. And I think if you take out the positive impact side of things, I think it is, I mean, it's exactly what you said in the city as well, is the differention of just making money
and making some sort of impact. And I think the good thing about ReFi Mark is it's a very wide concept. If you look at DeFi and I'm not slandering DeFi, I've got a lot of love for DeFi, a lot of other projects. And I will say,
have similar and boring goals. If I'm completely honest with you, you know, I have a, you know, they're building just a general blockchain or they're building something that has no meaning. Now, if you look at re-five projects, they may build a blockchain or they may build an NFT marketplace or wherever else, but there's core concepts
behind them. There's core reasonings why these need to be made. It's not just they've gone, oh no, we've raised $100,000, now we need to do something to keep the people happy. These have meaning. They're a part of the ecosystem and a reason why it needs to be made. Now, if you want to go and look at other projects, for example,
example, any other ReFile project is a similar aspect. The majority of their roadmap and whatever they're doing has to be done. It's not done for the sake of making money, it's not done for the sake of it being a stepping stone to keep consumers happy. It's done to get to their final goal. And I think that's very important to know with ReFile
If you want to compare the two, I personally believe there's a lot more, and don't get me wrong, there's a lot of massive, massive, defy projects that have amazing goals and set out to create different standards and whatever else. But if you want to put it into a retro-respect and go, hey, re-fire projects, they're
built not to make money. They're built to make money. Obviously, they're investors, the VCs, the people that invest need to make money. But the core reason behind it is that beneficiary factor. It's the benefit in the environment, the benefit in the individuals, benefiting companies that work with them and doing such, whereas, you know, generalize corporate
finance is I want to make money. Our company needs to make money. We need to do whatever we can to make money. So that's it. In my mind, I just think in my personal opinion, but if you asked me two years ago, Mark, would I go involved with ReFight? I'd probably tell you I didn't know where it was.
But now when you actually learn about it and you get into crypto and you differentiate the markets, I think has a massive impact and I think it will go a long way and I think for ReFi where we are now, we're just at the beginning. Yeah, absolutely. And that kind of goes, that goes, you know, what's tricking down into kind of what those opportunities are for ReFi in the future.
right? You know, those opportunities include the, you know, growth of sustainable investing market, right? You know, as more investors prioritize, you know, sustainability, there is that potential for increased demand for refile products and services, you know, myself, I'm building something on the capital
chain when it launches. I have a whole whole idea. And it's funny for me to say that I've always been a quiet activist and the sustainability of our environment and what have you done my contributions over the years.
It's another funny thing. It's an NFT project, right? I've never been in an NFT space either. So Reflex gave me that in. It's the thing now that, okay, I see where there's utility. I can see where there is something that I can actually provide to, you know,
the world to have an impact. So I think that's exciting just from a personal standpoint and I've been in the space for, you know, since 2017, but I've only been in DeFi, ReFi side for a year or two now and that's about it. It's funny for me to say, but
You know, this is just awesome. I just wanted to say that. So some of those other opportunities, you know, the rise of green bonds, which obviously finance, uh, find environment really friendly projects presents opportunity for a refiner to expand its
reach furthermore to the development of new technologies such as artificial intelligence and data analytics. That can enhance the effectiveness of the impact measurement and decision making for REFY. I mean that right there, I don't know who's doing anything related to AI as a REFY but...
I can see a huge impact in a positive way for that impact measurement and decision making for sure. So, you know, there are those challenges though that we do have to think about. And, you know, I'll talk about Kyoto
a little bit, key out on a little bit, but those are those challenges for lack of regulation, risk of greenwashing and difficulty in measuring investment impact, but I do believe there is
more positive than there is negative. Anybody have any questions? Anybody want to say anything? Speak up on the matter.
Okay. Moving right along.
I didn't want to speak a little bit about uh...
the expectations for the chial block chain, the launch. Bram, I'm glad you came on. So launch is June 30th, right? For those you don't know chial block chain, it's going to be June 30th, Centra's ledger, track and verify, refine, investment, pegs.
benefits of blockchain, going to be enhanced impact verification, increased effectiveness, investors, and accelerated transition to sustainability. Is there anything that we should know, brand, about the capital blockchain? Because this is heavily related to the future
of ReFi and what else I want to talk about after this? Of course, no, it completely depends on what your standpoint as a investor, whoever you are within the crypto space. Now we've already touched based on sort of ReFi itself and how ReFi
and benefit the future markets and wherever else. If you're a builder, Kyoto has the opportunity, like yourself, you said that about your NFT project that you're building along. I'm excited to see that. Hopefully, you know, we'll see that on the Arbor's drum. Arbor item NFT marketplace. Sorry, there's so many buzzword names that I forget how to pronounce the eight
But no, the Euro blockchain, I personally think marking it with you want to speak as me being an investor, I think it's special. I'm really really excited. I will say it's the first time I've been a part of a Layer 1 blockchain launch, so directly involved and the team
I'm working extremely hard. There's a lot going on behind the scenes. If you haven't seen the latest announcements, we just brought on a new head of market and communications and a new CMO who are working extremely hard. Also bringing on additional units to the team to help make sure we get to that point.
secure blockchain launch on 30th of June, something very very exciting. I personally believe that with any blockchain launch, it may start slow in my personal opinion. I think the importance of a blockchain launch and something that people need to understand is it's a process. You're never going to wake up being
the next Ethereum you're never going to wake up being the next buy and smart chain. So over time you're going to have them build as the developers go hey this is this is that new Kyoto blockchain. Let's move over there let's build something and you see trends with a lot of these blockchains you see trends if you want to look at any layer one that launches they start
with a good few projects and what happens over time a couple of people see that and go hey they get some luck I mean I could take you back it's not a layer one but I did some development I was going to launch an NFT project on Velas but over time you know I just didn't see the hype there wasn't enough to
development being built on the chain, so I was like, "Hey, there's no point in putting my energy to go in here, but one thing I can say is the team behind the Kyoto blockchain is they are looking to build that long-term model. They're looking to build that long-term project." So whatever happens on launch, they are extremely excited for it. There's a lot of good
projects that I've seen in the background, some very unique projects that some people are looking to launch on launch day. Very excited for what's the coming. I think with the blockchain it's going to be a step-in-stone building process. I think regardless of how the blockchain starts, whether it be fast or slow, I think over time it will gradually build foundations. I think that's very important.
because if something comes too fast and something comes too rapid at you then it loses steam and one thing I'll compare this to is the recent launch of the Sui network. Now albeit Sui had a massive hype launch the way that they utilize their marketing campaigns and doing way too many air drops caused an instant dump.
And when that calls an instant dump, you know, I ended up looking on Twitter that day and #subiScan was trending. And yes, they've got hundreds and thousands of users on the blockchain. They've got this, they're promising this, they're promising that. But the issue you've got with that now is you need to keep up them expectations that you've set. And the issue with Subebe and
to do that is it looks like obviously I'm not on the three teams so I don't know it looks like they may have exhausted certain resources in that aspect now to be doing great and massive congratulations to them on their launch but one thing that I'm saying to take note from that is sometimes building step by step is more important than rushing out the
the gate and doing something wrong. Now there's nothing to my knowledge going wrong with the Kyoto blockchain. Everything seems to be moving really smoothly. Everything seems to be going well, you know, having a little look at I'm trying to look to give some alpha here. I don't want to get put in the alpha jail by Frank. That's not what I'm looking to do. But yeah, there's a lot
coming. A lot being worked on the team is expanding every single day. If you are looking to build, I know this should be an announcement coming this week regarding #BuildonKyoto. A lot of stuff coming out, PR-wise, marketing-wise and everything along them. So I think I may have got sidetracked if I haven't answered the question properly Mark, let me know.
No, no, you're good. You're good. That's good. Before I go on now, there was something that I wanted to address specifically from some buddies of mine that had some questions. But for the OGs in the Reef I space, which, you know, the Reef I space is quite niche. It's not as large as, you know, people might think it is.
Why would outside of you know, Kyatle being carbon? Negative by design. I'm saying that right the blockchain. Yeah outside of yeah outside of that how are they going to be?
different than the OGs who are polygons. What's not about being different? I don't think. I think it's about, and we go back to what we said at a start mark, it's about reaching your end goal. And I agree, no I agree. We're reaching for the folks that are going to have. Of course, no, of course, I think it's very difficult. I think the position
We're going to spend millions and millions of dollars on marketing. But the one thing I will say is, I think, I'm going to say again, we need to build a stepping stone. If we sit there and go, how are we going to be the next polygon? How are we going to, I'm sure the team, Frank, Ash, all of the things that we're going to do.
I think they're going to be different in many, many ways. I think you have to compare the blockchain launches, right? If you had a generic blockchain launch that wasn't re-fi-based and when I look at the socials, I do the socials with the new CMO and I've been doing the socials for a while, we've been trending without actually
be in trending. We have been being trending. And we're looking at, if you look at #refight a couple of weeks ago, every single day, we were the top post. I was checking on all accounts, random accounts, accounts that had nothing to do with Refight. We were the top that came up. We had the most engagement within Refight. Now, I think it's, when you
If you look at projects like sell-o, you look at projects like polygon, you look at all of these projects you are re-fired based, I would say to a percent, I still would say they're commercialized very heavily. I wouldn't say that the core, when you look at their messaging, 99% of it isn't re-fired based.
the difficult way with that is and we can circle back to the rushing and the taking your time thing. If we look at many, many blockchains who have come had amazing hype on their launch and now have fizzled out and are no longer really viable and not really spoken
about. And the massive thing to take from things like polygon, things like cello, the reason they got where they are and the reason they are where they are now is because when they set their goal, they achieved it. And I think as long as Kyoto does that and Kyoto continues to develop their end goal and continues to develop what
they plan out to bring to the refi place and bring on the web too and a lot of it is going to be web too. As much as people don't want to admit it, you know, a lot of Kio's progression will come from web to partnerships come from backing in the web to industry. People who want to bring their web to business to web free. And I think
I think that's going to have a massive part on how Kyoto plays out and how Kyoto goes. But I'm very, very, very bullish on what's going on. And I think as long as the team keep their head level, the team keep their end goal in mind, I have no problem in seeing Kyoto stride to wherever it may go.
Love it. Love it. Love it. Okay. I'm going to switch gears a little bit. We're going to touch bases back on. There's a few questions that I had and some of it's going to touch back on. You know, kind of the stuff we already said, but a lot of it's about net, you know, how, how can we fly, play a vital role?
in net zero emissions, how can we if I contribute to addressing global climate crisis and how can we if I have create jobs in fossil economy growth. So a little bit about that guys from the aspect of
How can it go about addressing global climate crisis like specific projects? Think about financing renewable energy projects. Think about supporting sustainable transportation. Think about funding nature-based solutions for the job aspect and fostering growth
and the economy, green job creation. So, you know, these investments into the renewal energy, sustainable infrastructure, can stimulate job growth in, you know, several different sectors, mainly the REFICE sector obviously. You know, got local economic development.
It can prioritize investments and underserved communities contributing to equitable and economic development, which then will reduce social economic disparities. So there's a bunch of different things that are coming from the entrepreneurial side of the house as well.
port startups and initiatives focused on sustainability and fostering entrepreneurial ecosystems and driving innovation. So, you know, those are some of the things at which ReFi will play a key role in. So, did you have any input on that? What's up, JSC, join?
I don't know if you can talk about that but glad to have you one Jay. Let's go down fellas. I'm driving right now so I can't talk for so much but I really happen to be here and glad you're putting this on mark. Thank you. Yeah of course man of course I've missed doing these so this is good.
So, you know, this entire call was, of course, I wanted to talk a little bit about Kyoto, but I also really wanted to touch on RIFI because I think there is confusion and just not enough understanding on what the hell is it. So hopefully, you
know the conversation we had earlier in the call kind of really gives you a view, kind of an understanding as well as why Kyoto, right? So if you guys have any other questions or anything like that, let me know. But another thing
to is this is for me you know I'm gonna do I'm gonna start doing these weekly again this is a call to action really is you know help out maybe a part of the change be a part of something spectacular you know if it could be something as simple as going in a case while
in planning some trees. Look at that, you've contributed to helping. It's that simple. It's not a difficult thing. Can you imagine it? You couldn't buy a tree. You can buy a tree by clicking the button. How easy is that? Right? Nothing to it. But yeah, that's all I really wanted to go over, guys.
just wanted to go over and kind of re-fi the future of it. No, the sustainability aspect and kind of the why. Did you want to go anything over anything? Did you want to go over anything else, Bran? No, well as well, Mark, thank you very much for having me, Spaceship. You definitely have to do some more. I'm going to host some more on, you know, my
Twitter as well and yeah just help spread the word and if you want to do your own spaces let me and Mark know we can we can join Jay if you want to do a space talking about whatever I'll join up and we can have a chat there as well but everyone's here everyone's available to help and support we all we're all here for the same end goal we're all here for
What we want to achieve and obviously I work for Kyoto directly. So it's in my best interest to help make us, you know, striving the right direction, help make us get to that in goal and I'm very, very excited to see the blockchain launch. So guys, if you've shared the word on Twitter, #Yoyo,
blockchain hashtag build on Kyoto and yeah I'll see you all on our next space. Yeah and guys those that joined in a little bit later you can go back and listen to this after we do end it would be who you just to just to hear oh looks like someone else
the question. Then you have a question? Yeah, I got a couple of different questions. I mean, I've been in the Reef Ice Base for about two, almost two years now. I worked with Cleema when they did their launch, worked with them for about six months, worked with, still worked with a little car
Carbon working alongside some you know billion individuals over there Also currently working with Jasmine energy focusing on tokenizing renewable energy credits or renewable energy certificates rather a Couple of questions around the Kyoto blockchain. How are you guys planning on taking?
it and making it a carbon negative blockchain. I'm assuming you guys are operating on a proof of stake which is lower energy intensive but is the method behind you taking the blockchain actually carbon negative tied to like transactional and it's built in or is this like
a kind of blockchain audit that's done on like a monthly or bi-monthly or annual basis and then you guys then purchase either carbon offsets and retire it on behalf of the network's energy consumption or is it tied to
renewable energy certificates retiring that because blockchain is energy intensive and that's you know scope two emissions are basically the emissions associated with any blockchain operation. What does that look like? That is an awesome question. I'm actually glad you asked. Brand, I'm going to let you take this one. You're on the
I'll be honest Mark that's not a question for me. That definitely be a question for Ashton team. The whole other side of the blockchain itself, the carbon credits, I'm not personally dealing with. We have an entire Web2 team for that and we have obviously the CEO and the CEO Frank.
I would not answer the question, I just don't want to say something that may be wrong or may not answer your question fully. So one thing I will say is Ben, if you want to drop me a message on Discord with the question or even DM me on Twitter and I can get that message on so send it over to you today.
as possible I'll get you a message directly from whoever's in charge of that. Just so your question can be answered. What I don't want to say is I don't want to talk about it and not be able to answer a question for you because I don't deal with the carbon credit side. I can speak up real quick and say you know
I do know that transactional fees are going towards offsetting. So every time someone uses the blockchain, it goes towards playing trees, renewable energy, solar, stuff like that. So that's all in the works right now. There's a lot more bigger stuff coming, but right off the bat, that's going to be the first offset to keep us negative.
Yeah, very interesting. I mean, I would love to, you know, obviously have a further discussion about that. And if you guys are looking at utilizing racks or or I racks or Geo's depending on where you're located, where you guys are based out of more than happy to see if there's some way that we
can help facilitate that with with Jasmine Energy, which as far as I know is the only one that currently really has tokenized renewable energy certificates available on chain. But beyond that, I mean, always happy to see folks
building in ReFi, it's interesting to see more layer ones looking at being developed to bring other ReFi projects on board. Very, very keen to see what you guys come up with.
I do apologize obviously I could have answered very simple turns about 25% fees but I know your question was a little bit more in depth you want a bit more of an answer than just the fees I understand what you're coming from if you only drop me a message on Twitter with your
question I'll get you an answer today. Yeah, I also would suggest that I would suggest coming to the discord, Frank and Ash who are the kind of the headhunches in charge.
I would love for more conversations on the Twitter space side. I know they're extremely busy. Brand, I don't know if we could work something out, but you know if you can't get an answer today or tomorrow, I think it would be awesome to get, you know,
know, get some conversations around this. No, I don't think so. This is this is this right here. Ben, you asking this question on a space I haven't done in weeks. You haven't heard anything like that in a while. Yeah, he called me a father. I'm not going to lie. He says it wasn't what I was expecting.
which are regarding carbon credits and their mission on the web too and everything along them lines. So I definitely keep a lookout for the socials as well because I know there's a lot of stuff coming the blockchain launch is just in 40 or so days. So there's a lot of information to power drive out as soon as possible. In our last AMA ash touch
based on the carbon credit side and I believe they're going to be doing a full YouTube video explaining everything and that should be coming soon. We're just waiting for the, we recently brought on a CMO and ahead of a marketing so they just get an organising theirself to make sure everything's streamlined before we start pushing our major content.
and any PR or anything along them lines. So I apologize I couldn't answer your question so in depth today I wasn't prepared but I will get you an answer. If you do want to message over I can get you that today or if you just want to join on Friday's AMA in our Discord anyone would be happy to answer your question.
Yeah, that sounds amazing. From project perspective, I'd love to get connected with you guys and look at maybe even doing a co-twears space together.
maybe it sounds like there's some interesting things going on, definitely clear linements between what projects I represent and what you guys are building. So yeah, definitely will be sending you out a message. - Brilliant, no fools here.
Awesome. Thank you. Ben, I went in sensual follow. If you got any information on your page, I'd love to check it out. Just to see what you guys are. See what you got going on over there. Other than that, guys, if there's nothing else,
This was a good space. I appreciate everyone joining. Again, this is recorded. If you showed up a little bit late, you can go back and recap once we end. But once again, is there any other questions before I drop off?
Yeah, definitely no questions for me. I just wanted to thank everybody for joining and I'm definitely looking forward to all the amazing things to come for us.
Right on, Brit. Right on. All right, guys, you guys enjoyed a rest of your Monday or Tuesday, depending on where you are. Yeah, thanks again for joining.