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TOMO x Alchemy Pay: Building Ecosystem Infrastructure
Recorded: Oct. 5, 2023 Duration: 0:40:40Space Recording
Full Transcription
ramp solution there that it took me it took me more than a few months to try and get something
sorted so um having that moving forward will be i think a very very important factor yeah absolutely
i think um i think there's a lot of uh signs of positivity actually so look let's go to the
questions from the the community so these are questions that were posted on twitter
um in reply to the announcement of this this twitter space so this is a uh this is from jimmy
uh what strategy will you implement to bring non-crypto natives into the tomo chain ecosystem
yeah so this is certainly a major talking point we believe that companies that make it
easiest for non-crypto natives to participate in the space will become some of the most successful
ones in the future so this is why we're making efforts to remove friction in the network
um so token standards like the trc25 standard um it offers countless ways to onboard users without
arduous steps of getting started we're also exploring social logins for crypto wallets
you know we believe that uh it can be a way to help merge the two worlds and remove a lot of the
headaches that come around with security management so these are just a few of the things that i think
we're trying to work on okay yeah that's understandable yeah and i i agree the friction
um which is really what we're focused on you know being mainstream providing mainstream friendly
solutions so you can go to alchemypay.org by the way if you want to try our ramp or understand
the the payment solutions that alchemypay are are providing um to web3 platforms and you can even
try the on and off ramp there as well so thank you very much jimmy for your question uh the next one
is from uh tony fam uh also known as top trader good name so he says uh there are many vietnam projects
that failed but tomo chain was extremely successful so in your opinion where did that success come from
is it because tomo chain has a good background and high practical applicability
so many projects rise and fall in the crypto space i think it's part of the nature of the beast right
um building a successful crypto project comes at many challenges and i think first and foremost is
like delivering cutting-edge technology but having it done in an easily accessible way
so with tomo chain we boast industry leading numbers in terms of transaction speed gas cost
and scalability um we're putting in strong efforts into community and ecosystem building
and we're always looking to scale up the network bringing on more users and trying to deliver more
value for those that choose to join the network
that sounds great so um yeah just sort of watch this space really a lot going on and you guys have
been around i've learned a lot and uh always moving forward so we've got another good name bullish pizza
uh someone's but mr also known as mr crypto says trust is very important in any business can you tell us
uh about what makes investors customers and users feel safe when working with your project
yeah great so the great thing about the crypto space is that there is a core focus on transparency
uh unfortunately we've had a string of collapses in the crypto space by essentially a lot of
centrally controlled entities such as ftx misusing customer funds um i believe that this is may it may
have affected people's trust in the overall space and this is where i think a move to a lot more
transparency is key um it's kind of where layer ones can step in pretty strongly um like tomo chain
offers trust through building the infrastructure that's safe secure and also readable as well
um all transactions can be traced through tools such as tomo scan right and any shady business
happening is not easily hidden when you have a publicly accessible ledger of transactions so we're
striving to try and bring back confidence in users by offering secure infrastructure for the next
generation of technology okay yeah that sounds great well um thank you very much for your questions
um and thank you uh all the the community the tomo chain community or the ach community who sent in
some of those questions um i think some of you if your questions were answered uh will be in touch with
you um lack it has been a absolute pleasure to have you on it is a pleasure to be working with tomo
chain it is a great project um we're also friends with the people at uh coin 98 so we are excited that
you guys are working with them and have investment with them from them rather um and we are very excited
to be um providing you guys with uh the payment solutions the on and off ramping that we are i hope
to move forward and do more with tomo in the future um but yeah lack thank you very much for
joining us today yeah it's been an absolute pleasure i think we're gonna have plenty of fruitful and
endeavors moving forward with our partnership with you guys and yeah it's been really great to have a chat
today tell us you know saying more about what's what's going on at tomo chain it's been uh been
really exciting okay great so look um you know uh our twitter handles are at alchemypay and at
tomo chain a-n-n um you can go to alchemypay.org you can also go to tomochain.com so thank you very
much everyone who joined us and follow us on twitter and we'll let you know uh what we're up to next so
lack thank you very much and goodbye everyone thanks again
thank you
