GM GM how are you doing Danny?
Trying to survive, I guess. Yeah. Today we expected you don't talk too much if you're asked. I want to know that I can't talk. But you feel keen?
Any time, just interrupt me, no problem. Okay, okay, thank you. No problem at all. Get recovered, my friend. We today have my special guests here. Yeah.
I'm just inviting them here to speak. If I'm pronouncing the name wrongly, you correct me, Danny please. Okay. But we have
Zytles here. Hello, hello, I'm doing great. How are you guys doing? Doing doing really great. It's awesome to speak with you guys. I Since then he thought about you. I was researching about it and it's very
very interesting to me it's very appealing at least so yeah thank you for being here guys. No thank you for giving us opportunity and if it's interesting to you happy to answer any questions see what develops. Okay okay let's start with the basic
What is the title? If I'm not pronouncing wrongly, correct me, please. No, you're pronouncing it perfectly, it's titles. We preserve art and we
implemented a system that lets us create a digital twin of for example physical historical objects like museum exhibits for example that lets us create a almost digital original version of this art piece
So you have the physical piece and then to preserve it for all the future for whatever happens to the physical piece, we then have a digital version that is verifiably the authentic one with the non-physical rights and with the certificate of authenticity and everything.
of the very brief version of what we do. And then from there we try to branch out to a bunch of other things to appeal more to more masses to bring art to more, to the people that might not be traditionally as interested in art.
It's nice and it's appealing for me because I really like this idea of history being preserved because we actually don't know a lot of our history.
And because we don't have the original copies of it, most copies that we have of ancient history, it is from the middle ages and it is closer to us than to the original sources.
It's pretty difficult to actually understand what happened without the original sources. I think we are entering a good era of we can preserve this own chain.
And the work that you guys are doing is pretty amazing because it's straightforward on that. I remember that I read some articles from Yancei Strictler on the Zora Zine, those are the zine that they have.
there called the "Omchen era" and he was talking about essentially about how the "Omchen aspect of the blockchain, of all this stuff, all web3, the main utility
is doing right now is history is recording stuff. So yeah what you guys are doing it's it's pretty amazing. One thing that I would ask you guys is how how titles started how all this idea started
Right, so the main idea started almost a year and a half ago and essentially we all, the kind of founding people we all were interested in, you know, kind of NFTs and, you know, the blockchain and what all this can offer. But then the
traditional kind of use cases like that at the time were being used as more like art and more like really owning digital like digital art which is also very cool in and of itself. But we thought okay how can we use this blockchain these NFTs for something more interesting or like how can we expand on that and you know we
push some limits and we thought to have this kind of NFT is great but we know all the scams that are happening there are some issues with authenticity and legitimacy so we thought okay how can we improve on that and we thought we created what we call the
the history back token where from there you have a certified authentic digital kind of exhibit instead of it being because let's say for example the Mona Lisa you can anyone can go and take a picture and technically you own the right
to the picture, not to the Mona Lisa, but the picture that you took off the Mona Lisa. And you could technically mint it and there's nothing really preventing you from minting the picture. But then there's a bunch of things with that and we didn't like how that was turning out. So what we created is like this
We kind of our idea kind of transformed into this case with a certificate of authenticity, with working with museum, but all of this kind of stuff, we can create this move from NFT to something more better to improve on that. That's kind of how it all started. And getting to that point took quite a while.
there was a bunch of hurdles, also legal things that you have to, you know, we were trying to be as careful as possible to make everything as proper as possible and to really kind of lay the foundation for what we can do in the future, not just us, but we're three in general. So we're being quite diligent for that as well.
Well, that's nice. It's pretty good like 336t of view of how you can do stuff. Because most people, they're not worried on, they're just went
to do cool stuff, but they don't want to do all the other aspects to protect what they're doing. To really impact the industries, they are reaching out.
And you're saying about the legally, like the regulation aspect or the law aspect of it. It is pretty interesting because most projects don't pay attention on that. And it's pretty important when you are dealing with physical items as well.
Exactly, that's something we noticed that the web 3 space is kind of, you know, they kind of very relaxed on that, which is great for like the user, but for like if we want mass adaptation and we want this to really work out, unfortunately we have to kind of move into this
space we have to take these challenges and to be a bit more do the unsightly things as well like all the legal and all the more difficult things, all the rights and all the kind of stuff so we thought you know what let's do it let's see if we can bring a net positive to the space then
Yeah, and I think you get this answer this question quite a lot, but how you you are dealing with traditional players you are dealing with museums
are joining with the galleries or stuff like that. How they react to all the NIP, I think that you are doing all this other part to ensure this
players that all things are going fine and well but how is their first reaction and how you can overcome them? The reaction of the museum? Yeah exactly. Of the idea of the...
So there's usually like, there's mostly two types of reactions. There's one of them, one, they're very interested in it and they want to, but they're very scared, which is understandable. There's a lot of, you know, negative connotations, unfortunately, with the blockchain and NFTs with, you know, all the scouts happening. So most of them are very careful.
and but then the the but all all of them do you know have some sort of basic interest because every museum actually has a digitalized version of their exhibits but it's mostly just like pictures like higher quality pictures but it's not like an authentic
digital or all that kind of stuff but they do have digital backups so it sounds very interesting to them and then there's others who are already going into this direction so for example Lufl already had stuff like that and there's other like the Belvedere Museum also is working with the book
chain, but none of them are really again doing it to the extent that we would like to see in the future. But there's more, there's already, you know, movement into that direction, and then everyone that hasn't moved yet wants to, but they're just scared. That's kind of the current what we experience.
Got it, but it is nice to know that a lot of the players have interest on doing this. This kind of digital world aspect because I said they already have some sort of involvement on that but we
We imagine most of the times that they are very old traditional, like, very, very conservatory institutions. And that's pretty interesting that they are very interesting.
I'm doing that. Go ahead. It's because I read art based recap of the NFT market. I already read some newsletters talking about how PF
fees and speculation based on F2 projects are decreasing. So I think we're going to start to see more traditional arts or fine arts in this ecosystem. Like fingerprints down will start telling you
have a great success in art and traditional art like Zaitos and I'm speaking like you know Anita art but it's because my surgery and yeah I'm totally bullish you know of this kind of art at the same time and not to bullish with
the SPFB, the speculation-based arts. Recently I saw some collections like board apes or even coupettes. We have a bunch of coupettes here, the bowler and emparahu.
And you know, with the floor price not going to well. And at the same time, I see art based on talking about traditional art. So yeah, maybe it is a sign of that the future, what the future of NFTs is about.
Absolutely. Yeah, I remember that we had this this kind of theory of PFB and and fine art. Uh, theory that PFBs will saturate in some point. We had this like last end of last year, something like that. We had to
we're talking with Lalo about it and he is a guy that likes both. He has the fine art. And because for those that are in the FT space for a long time, fine art was like the first one to be like the
protagonist of this space and then Bart Apes happened and we had like the PFB wave that took off the protagonist from the final art sector in Indian F.G. Space and a lot of people
were talking about last year, what to expect of 2023 and most of them I was talking with were this pre-OG persons that were in the beginning of NFTs and they were talking about
how PFB is becoming a little bit saturated and people will come back to find art and maybe one to one maybe open editions were not a thing there but drops were something like that and limited drops
And yeah, I think that this is already happening. I don't know if it is happening with the velocity that they would say that would happen, but I see this happening. And because the priority of
stuff that you can do with ARCH in general is way bigger than PFPs. And I have a amount of time, a amount of people that can use a PFP. So yeah, that's, that's lost the main theory about it. But what do you guys think?
I totally agree. I personally started with the kind of NFTs with the PFP, I think, as a lot of people did where this is just the most memorable. But from there, they use case of PFP.
with art, I feel like we can explore a use case of the blockchain that makes a little bit more sense, at least for the preservation kind of deal and all that. But I do think that the
how do you call it? The PFP's kind of help, PFP's are kind of the identity and then art can be more your collection, more the experience kind of side, right? So it is two different things after all. Yeah, it is, they're not competing for space.
different stuff. One thing that I was thinking about when I was researching about you guys was burdened Picasso because two factors it is a pretty outstanding event that
one burn it up because so and then created in own chain and we actually know the guy that bought the burn it because so we know that it is it is a real thing it is a real NFT that is that is here how do I see that
How did I see this movement? I think that we had this Burnett Picasso and we had other ones that were from Frida Collefe, if I'm not wrong. That happened the same thing, Burnett and then he met the SNFT.
How do you guys see that? You guys see that with good eyes, neutral eyes, bad eyes or just... I personally don't think that's the right move, right? The digital original is a elected digital
twin is a great backup and it allows you know more the it can be more international it can't be great so there's no risk of it ever breaking or like burning or or anything happening if there's a flood if there's an earthquake who knows but I wouldn't call it a replacement for the original for the physical compete
That's a so burning it is very unfortunate and as you said in the beginning of the space is we don't know how much we've lost and there's so much that we don't know about the history and you know burning these kind of art pieces is not the way to go in in my personal eyes I can't
I just think we have so we don't have many of them left and especially the big names like Picasso and they just we this is something we should protect and that is what we kind of want to do and our you know our HBT will then provide funds for the upkeep of the physical
And that is exactly we don't we kind of don't want anything to happen to the physical piece if that makes no one got it. Yeah, it does make sense and I think that's At the end of the day this kind of stuff make false false rivalry between
physical and digital, you know, we had this we had this thing on here on this is not related to history or stuff like that but it's really too memory we had here in Brazil the rock and real and they didn't gave the the
the real tickets on my hand, but they dropped it in the NFT in exchange. It was a pretty bad NFT because it was on a site saying that nobody knows news about
you about. But besides that it created a rivalry between digital and in physical and it is unnecessary though it is you can get both and you're for most people there
There are not in the 2NFTs or there are not in so much in the digital space. They appreciate much more the fees quite. It is very interesting how these decisions can create
false libraries and false narratives that can actually trap ourselves into when we are talking about that people can put us as an epox and we can't do anything about it.
No, I agree. I think you raise actually very interesting point where the, for example, the metaverse is not supposed to replace the real world. It's an extension. So it's not a rivalry. It's just adding to what we already have. And this is, and our HVTs are kind of similar. They're not meant to replace the physical
peace, same with the NFKs, that is not what it's meant to do, it's supposed to extend it to the digital world to have more options, more safety nets and all this kind of stuff. Like you said, it's not a rivalry, it's really everyone, we're all trying to work together and we're all trying to keep both as good as shape
as possible. And the digital just allows us to do more things to have a more immersive experience, more borderless. There's people in South America can visit European museums and all this kind of stuff. There's many things you can do with, you can't do with physicals, but that doesn't mean that we should burn the physical
that is great. Yeah. Yeah. Yeah. And I think that creates a bad narrative at the end of the day. But we already have enough bad narrative for it. If we, we need to be good narrative. All right. Tell a little bit about what you're dropping right
now is the Joker. I'm very curious about it. It is a fish, I don't know, explain to me what it is because it's very very appealing. Exactly. So the Joker is one of our history back tokens that has been split into 660
6 unique pieces. And you receive one fraction of this joker. And if you have 2 you can fuse them with them eventually. And which will reduce the supply and less and less pieces will exist. And eventually the whole piece will be back together in one piece.
The idea is generally just to make it possible for anyone to own the museum exhibits. This is a piece from a museum in Kownos, which we are working with. There are very nice people there in Latvia.
the door for really anyone at an affordable price to own a piece of our history and then from there we do sell four pieces as well but for most people the entry is as you know owning art is not something that most people actually
have been in contact with. So this is kind of a smaller thing that people can play around with and enjoy a bit. And then we plan to add further perks to it. So if you hold multiple, you get special things and all that kind of, this is more of a playful approach on
collecting to have some a bit more fun. Yeah it is it is pretty interesting. I read a lot more about the history about it. The Joker Biden, Nicodemus, it is very very interesting. It's from Latvia.
It's very funny because the whole game, you have to get a little bit of even more background. The Devil's Museum in counters is originally a private collection from a person who got gifted these Devil statues and he was like, "This is kind of fun to collect."
eventually he collected hundreds of them and once he couldn't take care of them himself he gave them to the city of Connors and they create this museum and they've been since then adding from all countries over the world they've been adding from South America from Asia, from Europe, from America all these things they've been adding and the joke is one of
them. However, the Joker has been actually giving to Antanas, the founder of the museum, and this Joker actually has the face of Antanas. So this Joker has the, it's basically, it's not one to one
but it's basically modeled after the founder of the Devil's Museum in Kahnut, which is why it's a very special piece. It's a very impressive piece in person as well, it's quite big. So it's a very cool piece, a very unique piece as well. The origin, the person who created the Devil's Museum in Kahnut.
It's pretty interesting. The thing is talking about a little bit about the financial aspect of it, you said that art is not something that people really collect on daily, on daily
lives. And I see that normally people don't do that. It is on the top of the of the muscle primates, you know, of the necessities of our needs, collecting art, maybe in the top of it. So a few people, you know,
value or actually do collect art. We had the spaces before, some time ago, with Diego from the Defined. We were talking about NFTs as investors.
for the future and stuff like that. And I gave him an example. He didn't agree with it, but we had some hyperinflation down here in South America. Brazil had hyperinflation. Argentina is having hyperinflation right now.
right now and when this happens rich people actually don't buy they buy dollars they buy gold but it's very interesting that a lot of them buy art because it's a way to secure their money this is very interesting because
Because when I discovered that a lot of rich families did that during high-profile tuition to maintain their money because they can trade hard for much higher price and actually in a global market and in a market that don't value like
Don't value like the commodity it is art at the end of the day and the old that gets the valuable that gets as well. So I remember seeing that and seeing a correlation with an FT's and I brought this up in
into this argument discussion with Diego. And he didn't agree with that because of the of the model pyramid and stuff like that, only rich people can afford and can do that. But how do you guys see that this kind of example to NFTs and and and on chain
on-chain art being a way of NFT art and on-chain art being a way to overcome inflation. I'm overcoming inflation, I'm not 100% sure.
What I do agree with is however the kind of investment because what is different from art and these museum exhibits in terms of everything else is they are finite and they only exist once and this is the one version there will never be another authentic version this is like our
agreement with the museums and there's it will always this is it can never get it's unique it's it's extremely rare and it can never they can never be more of it they nothing they can't be made more of it and that is something that why I suppose many you know more wealthy people own these
kind of artworks is because they're just, you know, gold technically it's a resource, yes it's kind of limited but you know they always gold around but these artworks they're very limited, they're very special and they have you know more cultural things attached to it so in this sense is that we are trying to you know push the HP
to this very similar level where this is no matter what happens, this is the real thing and if anything, God forbid, if anything happens to the real piece, if anything, it would make our HPT more valuable, right? Because now the real piece doesn't exist anymore. And now this is the only backup we have authentic backup.
So, in that sense, it can be an investment for sure. It's pretty interesting, as you said, this is only, this is culturally relevant and only it's only once made.
than other other stuff. There are commodities that can be discovered. You can discover more of it. You can have a market that have more volume of that. And at the end of the day, it's not that. It's cars when you compare it to fine art.
Yeah, it's pretty interesting. It's a way of thinking that I think most rich people in the past had this way of thinking and I think we are reaching this right now. Do you think that's what you're doing with fractions? We actually started
livetify, do infertionalization of an FT if you started the first contract in 2021 and doing this this is an FT per channelization and do you think that this can democratize
This kind of of buying fine art can be for everyone now, the other things.
That's one of the things we actually use that word. We democratize art. We use it on our website where art is very much kept in saves sometimes with the government and your most
And there's a statistic I think don't let me lie, but I think it's like 90 to 95% of art is actually not even known by the public because it just kept in saves under the you know under the earth to you know to control the environment to control the humidity so they don't break so most of it's actually
not even accessible to us. And this approach, especially the fractionization, that's basically anyone for a price that is mostly affordable for anyone, you know, take part of this. And whether you like the Joker piece or not, that
That's personal preference. There might be other ones you like in the future, but 100%. This democratize, you can be part of something, you can own this and you can kind of own a piece of history. That is a very core thing that we try to push and that we try to
adapt the mindset of people that it is a bit of a hard concept to adapt initially, but especially I suppose our web 3 people can understand this value. Most, you know, normal, let's, you know, the web 2 people, they're having a bit of a struggle, you know, accepting
this thought process, but no, we do try to push this democratization and to really make it available for anyone in a borderless way where there's no physical limitations, nothing. That's exactly what we're trying to do.
That's pretty awesome. I really enjoy the project because when I didn't know knew about the project, then it's pretty interesting because I'm
I'm a history fan from a long time since little kid. We're missing this in this space, this carrying of this context
with the traditional world, this caring of fine art and the physical twins, as I say, the physical twins with digital twins is this preservation aspect, this timelessness aspect
And I think this was most lacking in this space and you are bringing this up. It is pretty awesome. Thank you for doing the project. Thank you.
Thank you, thank you. It's great to see people appreciating it. There's many people they like the idea, but like we said before, collecting art is not everyone's favorite thing, which is why we try to do the fractions. It's a bit more fun, it's a bit...
Play around with it more, but our main focus is really on preserving the art and that's kind of our main driving factor and then from there we try to do other things and We are currently working on like digital galleries where we can then have other artists as well not even just
Because what we, you know, have in our collection, what we want to ask about, we actually want to feature other artists to just bring together the community of arts and all of this kind of to have a really digital presence, a digital experience, all of this kind of
you know, flow of digital, you know, of just people from all around the world as the core of Web 3. That is what we try to do. And let me ask, the Joker is the first one of the first drop.
No, so we actually had a drop in January where we sold 13 unique pieces, like not fractionalized pieces, and out of those 13 we sold 8 so far, but they're full pieces, so the entry barrier is quite high for people trying to get into it.
Because there are options and then there's a reserve price and then we thought okay to kind of you know make the entry very lower to have to work on mass adaptation first you know to kind of get more more people interested in the HBT's and kind of the
preservation and our second project is now the Joker. But it's part of the same collection. How people can access the first species and how they can access the Joker as well? So we have two websites
Basically, one of them is just devils.zital.ch is our website. And the second one is just joker.zital.ch. They're both in our bio. If you go to our Twitter profile, they're both in our bio. They're both the devils and the joker site. And then you will find all the information you need over there.
where the minting and the auctions are and there's descriptions about the pieces and the project and all the descriptions about the museum as well and everything is written there. Okay, perfect. And the digital gallery is also amazing guys. It's a pretty good job.
So yeah, yeah, we're currently working at that trying to get it out. We should have some working a working gallery with some rotating pieces within maybe probably maybe even within April. Okay, okay. So I think that's that
That's it guys. Thank for being here. As I said, it is an awesome project. Thank you, Danny, for bringing them here because it is awesome. And you share a lot of values with what we are doing.
doing here, we do a lot of things based on democratizing stuff. We do a lot of things based on how you can maintain this own chain. And we are very based on that sort of cryptography that is a concept that you once you have
it, you can change it because code is law and so, at the end of the day what you guys are creating is this print, this, this, this, you are really doing own change
and this is pretty awesome because most people most projects don't really care about it how you can do this real stuff. Hermes you are here now, Jim, Jim,
Jim guys, yeah I've been here being worked by Twitter but here and I'm loving how the guys are talking about. Thank you very much for sharing
and for helping us to make this greatest space guys appreciate you. Thank you. Thank you for this opportunity. If there's any questions that anyone has, we're happy to answer as well. Or if it's
If there is no time now, for example, you can always join the discord so we can we love talking to people and we want to really improve what we can do for Web 3 and not just you know improve our product. You want to bring forward the whole space. So if there's any criticism, if there's any ideas
just talk to us directly, we always, we always available and we really want to push this space forward. Nice. If you guys have any, you have any question, Hermes? I'll know in the project.
No, no, it is all clear. My side first. I love it. I think that you guys are very innovative and also you have a very interesting point of view about Web 3 and how
to be working here. So I appreciate what you guys are doing. Great. Great then. Thank you guys from Zydeus to being here. Thank you, Danny, as well. Thank you guys.
I'm very happy with this space. Great to connect with you all. Yeah, and you get a well-suited money. And I will check it out more about it project because I'm truly very very anxious about and I know that our Hermes
as well like history. So that's we are here and to and to this so thank you for being here thank you for this space is everyone that is in the audience as well for this space with the ZIDOs and
That's it guys GMGM have a great day great weekend and see you see you Monday Take care, have a good day. Bye. Bye.