I see you, see you, see you every time
You know my heart, it's high, high, high
You make me, make me, make me wanna cry
And now I beg to see you dance, just one more time
So I say, dance for me, dance for me, dance for me, oh
I never see anybody do the things you do before
They say, move for me, move for me, move for me, hey, hey
And when you're standing, I make you do it all again
I said, oh my God, I see you walking by
Take my hands, my feet and look me in my eyes
Just like a monkey, I've been dancing my whole life
You just beg to see me dance, just one more time
I see you, see you, see you every time
You know my heart, it's high, high, high
You make me, make me, make me wanna cry
And now I beg to see you dance, just one more time
So I say, dance for me, dance for me, dance for me, oh
I never see anybody do the things you do before
They say, move for me, move for me, move for me, hey, hey
And when you're done, I make you do it all again
They say, dance for me, dance for me, dance for me, oh
I never see anybody do the things you do before
They say, move for me, move for me, move for me, hey
And when you're done, I make you do it all again
Ooh, ooh, ooh, ooh, ooh, ooh, ooh, ooh, ooh, ooh, ooh, ooh, oh
Oh, I, I, I, I, I, whoo ooh ooh ooh ooh, ooh
I never see anybody do the things you do before
And when you're done, I'll make you booty baller, baby
Then, say, cheers for me, cheers for me, cheers for me
I've never seen anybody move a thing to booty baller
Then, say, move on me, move on me, move on me, baby
When you're done, I'll make you booty baller, baby
Welcome back to the VeChain monthly update space.
I hope you all had a great end to 2023, a great start to 2024,
and you're ready to keep it going.
Because we got some exciting updates today to pick up where we left off,
of course, with some topics that we were already actively discussing.
And we've got some great co-hosts, some great speakers here
that are going to help us dive into it all.
So before we jump into the agenda, let's go get some introductions across the board.
And let's start with our amazing co-host, Sigtoshi Infird.
Yeah, looking forward to this one.
We saw VeChain make some announcements of stuff that's coming out
and excited to kind of dig into it and hear more about it.
So, appreciate everyone for showing up and taking the time on a Sunday,
ready to kick things off and have a good time today.
Yeah, good, brother, same.
There's been a lot of information coming out over this past month or so.
VeChain's working hard and doing a lot of stuff.
So a lot of stuff to dig into today.
And as always, looking forward to it.
Everyone make sure you like and retweet the space.
I think people might still be getting used to the time that we are doing this
So make sure to spread the word.
Well, let's go around to some of our speakers that are joining us.
And let's kickstart it with the man behind the foundation account,
behind the VeChain Foundation's comms.
How are we doing, my man?
I did have a good night out with my friends last night.
But yeah, looking forward to kicking off the space
and getting into some juicy deets.
Ooh, Jake's a little hungover.
Maybe we'll get him to slip up a little more today.
Let's see what juicy deets we can pull out, guys.
I'm making a note of that.
Jake, you have been warned.
You better be on your A-game.
That's the world's welcome to the stage.
How's 2024 start for you all?
Thanks a lot for having us here.
2024 is starting off great.
Lots of new developments.
You know, we're building a sci-fi MMORPG on VeChain
and hopefully building the next gaming platform
on our wonderful mother chain, VeChain.
So just happy to be here.
And here, what kind of juicy deets
are going to slip from our friend Jake here.
Jake, you better be chugging a Gatorade, man.
Let's go over to UCO Network.
Welcome to the stage, team.
It has been a long, long time that we don't join
We are very excited to hear all the news
surrounding VeChain and its ecosystem,
and hopefully we'll be able to share some updates
I'm excited to get some of these updates, team.
We're going to dive into a pretty jam-packed agenda here.
And so, you know, before we dive into it all,
we'll kind of go over what we covered
on the last space for anyone that missed it.
And as a reminder, all of these spaces are recorded.
We're going to go over what we talked about,
Mike, who posts them on their YouTube.
So let's dive into some of these things with last month's space
and go over what we talked about because it was pretty exciting.
You know, we talked a lot about the developments of the UFC
and where that relationship is going between, you know,
bringing in new community members to experiencing this,
bringing in new businesses, new KOLs,
and, you know, wink, wink, nudge, nudge,
starting to evolve even faster than we can imagine.
So I'm really excited to see where that is going to go in 2024.
We also dove into some new tech updates
that definitely got everyone excited.
We talked about new token-bound accounts here in VeChain
and what that's going to do with changing things
like the gaming ecosystem forever.
I know Exo Worlds was excited about it.
I know we had one of our community members' data
help spin up the discussion on it.
It was a great conversation.
So if you're interested in that, make sure to go check that out.
And then, of course, we talked about feedback
that we gave to the foundation a few spaces ago
about their grant program and how it really needed to be revamped.
And since then, we heard, you know, some of the updates of,
hey, we listened, you know, we've been making some of these changes.
And as you can see on the agenda today,
we're going to continue diving deeper into it
to talk about the new grant program 2.0 that is live.
And other than that, on today's agenda,
we're going to kick things off with Ex to Earn.
You know, what does this really mean?
We're going to have Ferg walk us through, you know,
a couple different Q&A sessions with the foundation
on some ideas here of, you know, ideas related to Ex to Earn,
things that projects can be doing with it,
and then, of course, roll that right into this grant 2.0 discussion.
We're going to have to wait here until the end,
because it sounds like there's some teasers here.
Now, I don't know too much about this agenda item,
but it's called New Business Pathways.
And the only information that I can give to start
is it sounds like Boston Consulting Group
and some VCs are potentially involved in some initiatives here
behind the scenes to help develop this ecosystem
from their side of expertise.
So really excited to see what that's going to be doing for us.
That's the lay of the land today.
We're going to kick-start things with Ferg.
I'm going to hand it off to him to jump into Ex to Earn.
I'm going to throw it right over to my man, Sig,
who is handling the Ex to Earn.
Ah, shit. I already messed up. Thank you.
It's all good. It's all good.
Interesting that was announced.
We want to get people talking about VeChain again,
and we want to get people spreading the word
and what the goals are for VeChain
and how to all work towards that together
and get the word out to get more people involved
So, I'll first kind of toss it over to Jake.
Jake, just give us a general overview of Ex to Earn,
what it means, what the concept is,
what the goals are for it.
Ex to Earn means the unknown variable in mathematics.
So, that just means it can be anything,
and it's a strategy based around
we're developing out this sustainability ecosystem.
We essentially want to build lots of dApps
with that kind of pathway of you engage with it.
There's an outcome which is beneficial for you.
So, you do activity X for ecosystem Y,
and you earn and are rewarded by it.
That's the kind of top level rationale.
You might remember the BYD ecosystem a while ago
where basically you drove an electric vehicle,
you get to the end of your trip,
and you can upload your data,
and then you earned like a carbon credit
that could be spent on in the ecosystem.
So, in that sense, it's like drive to earn.
So, by doing your journey, offsetting X amount of carbon,
you could receive some monetary reward essentially
for driving that electric vehicle.
So, that's the top level of it.
In the white paper, we talked about the blockchain biosphere.
So, that kind of is this notion of all these different kinds
of sustainability application
under that umbrella of this kind of biosphere concept.
So, yeah, the plan is to build tons of dApps
with that kind of mechanism in them.
And by doing so, also creating a lot of things
to engage with on VeChain.
People will come, create that stickiness
because we'll have functional dApps
that people can play with.
How far along in development are these dApps
that people can start engaging with?
Yeah, we've got a bunch in the pipeline.
I mean, this is more to be revealed
at the end of the month on this front,
but we've got a pretty cool thing coming up,
and we're inviting 16 projects,
and I know BCG, which we'll touch on later there also,
actually being really proactive on this front
and going to a bunch of companies,
and, you know, big and small,
and bringing on their own applications.
You'll definitely see a lot of stuff going on this year.
So, as far as do this, get that, right?
Do things that kind of help push towards sustainability
That goes from, you know, companies, enterprises
all the way down to individuals, correct?
Yeah, exactly. It can be, you know, excuse me.
It can be any level, right?
We had the Hackathon a while ago,
and they all built a bunch of cool apps.
So, Morvelo, you know, FITag,
these were all, like, engaged with these sustainability ecosystems.
Could be second-hand fashion.
Could be, you know, taking a car instead of...
Taking a bike instead of a car.
You know, and that's the kind of...
Yeah, how that stuff functions.
But, yeah, it could be from your BCGs
down to your hobby builders.
You know, it's very broad.
And there will be mechanisms, you know,
to get them to the public, which, again,
more to be revealed later this month.
So, kind of speaking to the urn side of things,
how big of a pool of, I guess, rewards
are you going to be, you know,
dripping from, I guess, or rewarding people with?
Like, how big of a pool is set aside for this,
Yeah, I mean, it's up to projects themselves, largely,
to, you know, put the rewards in place,
because they're going to be different
depending on each ecosystem.
Like, VeChain's not going to fund every, you know,
rewards that, like, otherwise,
it probably kills the treasury pretty quickly.
But, again, there is something coming,
aha, okay, at the end of the month.
Because there's one element here that I've, you know,
not discussed or can't discuss at this point
that will factor into that.
There's always something coming, Jake.
Yeah, VeChain's always cooking, man.
But, yeah, you know, watch this space, guys.
Sorry for the non-answer.
But, yeah, I mean, it obviously depends
on what the project wants to do,
if they want to launch their own token
or, you know, create partnerships with other businesses.
You know, there's all kinds of pathways
and ways to present incentives.
It's not, you know, it can be super varied, so.
No, I get it. I get it now.
Okay, so it's kind of up to the projects
who are going to be participating in this
to kind of create their own metrics
and supply their own rewards,
and hopefully that'll lead to more engagement
with their DApp and whatever kind of goals
that they're setting forth for themselves.
And there is a funnel here, but, again,
the details that I'm being light on at the moment.
But, obviously, the grand stuff,
which we'll talk about in a bit,
that's designed to be, you know, one of the pathways,
and there's other support mechanisms as well,
but we'll get onto that in a little bit.
I'm going to pass it over to ExoWorldz real quick,
but before I do Phantom, shoot me a DM.
I need to figure out how to give people permissions
to build on my nifty island. Thanks.
ExoWorldz, passing over to you.
Yeah, I think the extra earn push is really cool.
I think it can expand to so many levels,
even of society, just different acts even,
depending on how well you can verify
that a certain behavior or a certain act has been done.
ExoWorldz, we're doing an engage-to-earn system
on our Discord, actually.
Users can engage with us, tweet, Instagram-like or whatever,
and we shoot them some Exo for engaging,
and it's a cool little gamified system.
It's really awesome, so I like the initiative by VeChain.
Yeah, I love that. I love what you built.
That's a really cool concept,
and I think the really appealing thing about it
is it's such an intuitive thing for people.
You already do an action or an activity.
People are obviously happy to receive benefits
for essentially doing things they probably already largely do anyway,
so it makes the adoption a lot more seamless
because it's not this abstract thing.
If I'm riding my bike and I'm getting my heart rate up
and then I get crypto for that,
it's like, why wouldn't I want to do that
when I start my bike ride?
In that scenario, it just seems like the logical evolution.
Yeah, you're not reinventing the way that somebody's behaving.
You're kind of rewarding good behavior that already exists,
and I think that's where this model is going to be super interesting.
It's kind of like giving the dog the treat,
like first time they sit, hey, great job. Here you go.
But until then, we've got to kind of keep that treat in front of them
and waving them in front of them,
and so I think that the engagement model with ExoWorlds
is a perfect example that already exists today,
and I'm curious, ExoWorlds, what's it been like?
Is there anything that you can share about how it's been going
with your kind of Engage to Earn initiative that you pushed,
I think it was like what, a month and a half ago, two months ago?
Yeah, yeah, yeah, definitely.
A lot of the same people that used to be huge engagers,
they're still engaging, probably engaging a little bit more.
We're getting a lot of people that didn't engage as well
to put some engagement in,
so it's been a really awesome campaign, really.
Our marketing guys spearheaded that, and we couldn't be happier.
We offered and are still offering for projects
that want to get on to that system to come talk to us
and we'll help set them up, and yeah, it's a great system.
I can only imagine the evolution of Exo Earn
with all of the IoT that's out there,
Apple Vision Pro, people being connected
in a kind of AR digital gamified space.
These things are really going to explode the next decade, I think.
Honestly, one of the Exo Earn groups that I feel like
was already pushing that behavior before this was announced
I'm really glad that you guys jumped up on the stage today
because I was hoping to hear some of your team's thoughts about this.
I feel like you guys were already embracing
this mentality when you guys were pushing your solution out there
Can you talk to us a little bit about your perspective on all of this
and if this is changing anything that you guys are doing today?
We are very happy and excited to see
that the entire ecosystem is aligning
into a direction that we have been paving before as well.
At the end of the day, we believe that on top of our own rewards
that we have designed for our ecosystem
and to reward the participants within the disposal of the used cooking oil.
Now, having this plus, this extra incentive
driven from this initiative, from the chain,
it could be double rewarding, so it's very pleasing
and it's a delight to understand that the entire ecosystem
is aligning to motivate and incentivize
So, very happy and very refreshing to learn about this.
God, that's awesome to hear.
Sorry, Sig, I just had to selfishly learn a little bit more about that
because, UCO, I'm curious to hear some of the updates
when we get to talk with them, hopefully sooner rather than later.
As soon as you guys are ready, we are ready.
There's a bunch of updates.
The fact is that since April last year,
we went through a profound transformation within the team, the project,
and today we are once again in the final stage to come to public
and publicly share our vision
and what we have been building over the past few months,
but probably I will leave this later for a better moment.
I'm sure you guys and Vechain has a lot to share
and I will share more about UCO Network when you guys find that it's convenient.
Jake, it sounds like we're still just a few weeks away
from more of this information and details coming out
and stuff starting to roll out for X to earn,
but you mentioned that there's already a certain amount of projects
that are kind of already building for this.
Well, that's how many we've invited for this event we've got coming up,
There's a pipeline of stuff like, say,
VCGs going in on a lot of this stuff.
I mean, it's going to be a continuous thing, of course, as time goes on.
Well, anything else you want to leave us with,
give us a little taste of what we can expect
or something to get excited about for what's coming with X to earn?
Well, X to earn is the strategy for that building,
but it does come with a lot more.
What is coming is a pretty big new addition for the fan,
We don't have this thing at the moment,
and it's going to be pretty cool.
I can't wait to see how people are using it, how things go.
I mean, I'm choosing my ways carefully.
Yeah, it's X to earn is part of a broader kind of new wave of stuff.
Entering into the next phase and continuously looking at innovating
and creating more ways to promote sustainability
and everything that Vechain is building towards.
So, excited for it, excited to see what comes from it.
Does anyone else have any questions regarding X to earn
before we kind of move on to the next topic?
Maybe I can add an anecdote.
I know you just asked everyone else, but excuse me.
Oh, I've got a sore chest.
Yeah, so, I mean, I mentioned it in the space a couple of days ago.
Well, I hopped in with Data, and we were just having a little chat,
and basically, on that night, I just had a call with a large fashion company,
like one of the biggest in the world.
And I was talking with this guy, and we were just discussing
how X to earn can be applied for loyalty and sustainability
and everything that they're interested in doing,
sustainability in their supply chains from ethical sourcing all the way up,
and then how you can build in basically everything through the supply chain
up to, yeah, like, you know, next-generation loyalty programs, essentially,
and also how you can use chips to authenticate old stuff.
And, yeah, it was just a very fascinating conversation,
because everything we have and everything we're about to have,
like the marketplace as a service, you know, this concept,
our supply chain capability, all that stuff,
it's like this is a massive company,
and it was just everything they wanted, everything they needed.
And it was a really nice vindication to speak to,
again, one of the largest companies in the world in fashion,
and they were saying everything.
Everything I told them was like, oh, my God, this is perfect.
And just for a sense of scale,
apparently one line of trousers that they do is something like,
they make 600 million a year off it,
and that's just one line of pant, sorry, for the Americans,
which, again, just blows my mind, man.
But they've got like an absolutely ravenous community.
It's interesting to see this kind of, you know,
It's like beyond just an item. It's kind of crazy.
But, yeah, in terms of the stuff we're doing,
the stuff we've got, what's coming up in the marketplace
as a service and that stuff,
really great to hear from them how much they wanted what we're doing.
And actually purely serendipitously, actually,
so this company is in the process of, you know,
finalizing a contract with VeChain anyway, which I didn't know.
I met the guy at UFC, and it was such a funny coincidence
because the second time had a call.
It was like, bro, did you realize, you know,
do you realize all these aspirations you're talking about
and the ways you want to disrupt,
it's actually kind of feasible now because we're about to sign a contract with us.
It was kind of a funny coincidence
because, you know, I got excited at the UFC talking to this guy
and we were having a great chat, and then it turns out
that the universe put us together anyway.
But, yeah, that's my rant. Long story short,
big company, one of the biggest in the world,
they want everything we've got.
It's just a vindication of the direction.
Sustainability, loyalty, schemes, you know,
engaging with their platform and benefiting from that.
Like, that kind of rationale is what these companies are looking for.
So, yeah, just a good vindication of the direction.
It's exciting stuff. That's definitely what we want to hear today.
Let's keep it up. Great work. Excited to see what's coming.
Connor, I'll toss it back to you.
I was just going to toss it to UCO.
It looks like they're hands up with something on that.
I mean, Jake, I'll say you've got my attention
with a fashion company doing $600 million on one line of pants.
I'm going to start looking that up across the internet
and figure out what company that's going to be.
You've got me going down a rabbit hole.
But UCO, what do you have to add on there?
Yeah, I just want to dig deeper on the rabbit hole
because while listening to Jake, I was thinking to myself,
if this would be the first of many conflicts with big brands
and big enterprises, because I was actually thinking about
the new anti-greenwashing law, laws that are being put in place
in the European Union, where no company can claim sustainability
and being environmentally friendly
without the capability of effectively proving so.
And I was correlating this thought with the fact
that VeChain has been pioneered and paving the way
in terms of assisting brands and enterprises
to prove their sourcing of materials as an example.
So, I think that all that VeChain has been providing
for all these years is going to become way more relevant
in the next months and years.
And I'm scratching my head to understand what's next
Just wanted to add this. Very exciting.
It's a good point because you hit the nail on the head.
We've got CBAM regulations coming in.
Like, you have to account for the, you know,
scope three emissions, basically carbon emissions
throughout your supply chain.
There will be like a tax levied on goods going across borders
based on their carbon footprint, stuff like that.
In Europe, specifically for now, I'm sure it will probably go everywhere.
But, you know, everything starts with the supply chain.
So, it's kind of perfect for VeChain in that sense
because, you know, you're starting at ground zero with your sourcing
and then everything is built on top of that, right?
So, all these kind of engagement for these companies
and these brand engagement stuff,
it will be based around sustainability in some format.
And they all want to, you know, promote that
because, you know, Europe is going in that direction.
They'll kind of need to do it, but also it's becoming like,
I guess, marketing and people become more eco-conscious
and they engage more with that kind of brand.
But, yeah, you're totally right.
And it all starts with the supply chain,
which VeChain has just got locked down, you know.
When we started doing this sustainability stuff,
people have been like, oh, you know, is this a pivot?
Are you moving away from supply chain?
It's like, definitely not.
It's just the evolution of what we can already do,
which is building in the sustainability stuff on top.
So, yeah, you're completely right.
That's a very good point.
And, you know, that's why we're in Europe
I mean, yeah, a really good kind of regulatory setup now with Mika.
Companies can start to move in.
And then, again, you've got some like BCG who just opens doors.
They're like, hey, Company X, you know, we've done work on blockchain.
That's, you know, it makes conversations very easy with big companies now.
Well, you guys are hitting them from every angle, so it makes sense.
You know, you've got their, you know, giant big four consulting partners,
you know, somebody like BCG saying that, hey, this is coming.
You've got regulation that is quite literally saying, hey, this is coming.
And then you've got, you know, blockchain entities that are saying,
hey, here's the tools and solutions for it.
And so you're kind of driving them in this direction
where they're kind of forced to look over here.
And I think the timing is just pretty beautiful with what you guys are launching.
So I'm really excited to see what the rest of this year is going to look like,
especially with these updates at the end of the month,
because it sounds like a lot of this is going to be related to that.
But, you know, it looks like I think that's all of our questions on this topic
and we're right up on time to jump to the next one.
And so, Ferg, you ready to kind of continue the conversation,
dive in a little bit deeper into X to earn with some of these Grant 2.0 discussions?
Jake, I kind of wanted just to have you start off with
just like the top level changes made for Grants 2.0
and then we can dig a little bit deeper into that.
So can you just kind of kick us off
on some of the changes that happened with Grant 2.0?
So it was a pretty radical leap.
If anyone ever poked their heads in the Grants page,
you'll know it was a bit awkward to do a Grant in the first place.
So step one was a facelift.
We built a bespoke web page.
It's bchain.org forward slash Grants-program.
It's got a nice, you know, custom information.
It channels you down to the relevant track.
So, yeah, the kind of application process is a lot more streamlined.
Of course, there's still an expectation to justify costs
and it's not, you know, there has to be obviously some thought
gone into it in the first place.
A lot more streamlined, a lot quicker responses.
You know, once, two weeks, we're getting back to people.
So, yeah, first off the bat, quicker, easier.
That's the most important thing.
And also more visible because, I mean,
we've probably had more applications in two weeks than we did in a year.
I mean, it's crazy, like people now...
Yeah, people can see it, finally,
because it's like, where's the Grants program?
It's hidden on GitHub. You know what I mean? It just wasn't ideal.
Anyway, and then on top of that, we increased the totals.
So, you can now get up to 100K.
And I'll explain a bit more about the rationale there in a sec.
But on top of that track, we've got the marketing track.
So, you know, Connor, your NFTXLV activation last year,
you know, that you kind of helped lead.
That's an example of where we want to use the marketing grants.
I know Andrea from Stone & Punks,
he did a thing in Rome with Progetto Bridges,
VeChain helped sponsor that, got some devs there.
So, the rationale of the marketing grant is that, you know,
if you're going to do an IRL event that is kind of beneficial
for the broader visibility of VeChain,
then, you know, we can help get you there and support you
with some funding to make that happen.
So, you know, it works all around.
Like, we can't be everywhere.
We've got tons of events this year.
It's like, you know, leverage our best resource,
which is, you know, the very talented community.
So, that money's been put there for that purpose.
And then, on the top of that, we've got microgrants now.
So, we kind of played around with microgrants last year,
But now, we've put that into an actual, you know, defined process.
And if you want to apply for, you know, say, $500
to do some kind of thing or you need a little bit of support,
I know Data mentioned server cost recently.
Like, again, if it's something that's contributing to the ecosystem
and it's a slightly burdensome thing for the individual,
well, we want to make sure that you're not, you know,
your work isn't undone by a cost that you're bearing.
So, yeah, that's the kind of overview of the new grant process.
More quicker, easier, more diverse, more visible.
So, yeah, all the good things.
And then, so, on the actual 100K grant kind of rails,
there's a new process in place now there as well.
So, specifically for sustainability related.
So, it's business and sustainability.
So, you know, multiple things can fall within that.
But specifically for sustainability,
we've got this new kind of pathway where you get funding,
obviously, through the grant.
And then there's step two, which is as of yet unannounced.
So, you know, you'll learn more at the end of the month.
But step three, so once you've got the grant,
building out your projects, getting that kind of support
and community growth and et cetera, BCG basically are working with us.
And on a quarterly basis, they'll be meeting certain projects
and providing kind of a professional mentorship.
And on top of that, they're bringing like VC partners
basically to invest further down the line when, you know,
the company or project is a state where it's investable
or maybe it's, you know, maybe it's super early
and they want to do kind of venture capital
or, you know, maybe it's already an established company
and they just look for some funding, blah, blah, blah.
So, yeah, it's a pretty comprehensive pathway
and leveraging the might of BCG, which again,
they've turned out to be a killer partner.
I mean, yeah, I'm really impressed by how proactive they are.
The team we work with are great, like a guy called Bernard.
He's just on it, you know, he knows everything about crypto.
Yeah, just a really great team.
So, yeah, very, very comprehensive support system,
which, you know, obviously we need to evolve
how we were nurturing and funding
and helping companies get to the next level.
Because of course, if we want our strategy to succeed,
then we need to help these projects succeed.
So, yeah, that's now the new setup.
First of all, the easier thing is what stood out to me,
the GitHub, finding it on GitHub
and getting everything filled out through there
was a little bit of a nightmare.
That had to deter quite a bit of people.
I want to get into kind of,
what should people be looking at VeChain for grants for?
You know, is it just, you know, building dApps?
Is it just the, you know, enterprise side?
Or, you know, if you're just a small time NFT, you know, project
that, hey, I've got a cool idea that could help do this with VeChain
or help do that with VeChain.
Are they encouraged to fill those grants out as well?
I mean, if it adds something to the ecosystem, it's, you know,
like an integration, for example.
I mean, we've all seen Nifty Island, right, floating about.
I tried to reach out to them, but for instance,
we could use a grant, like, to propose,
like, if you are interested in an integration,
like, we can provide some, like, funding to help, you know,
support you to do that, that kind of thing.
So, you know, it could be used for an integration,
or it could be used for, like, a direct kind of pitch from someone.
I mean, I would say if you have an idea and you want to apply,
There's not any, like, hard no's there.
It's basically, it's going to be based around what you're proposing,
kind of benefit to the ecosystem, you know, and obviously,
So, definitely apply if you have an idea.
And the fact that you guys are getting back within one to two weeks now,
you said, what changed there?
Is it just because you've streamlined everything and you've organized it
Because I know in the past, we've heard of three months, four months,
five months, you know, before hearing anything back,
but one to two weeks, that's a huge turnaround time right there,
you know, like, huge isn't a good thing.
You know, it's a very short turnaround time.
Yeah, well, we kind of, we changed the team, basically, that was dealing
It was a bit too disparate and, you know, the communication pathway
So, I think, you know, it was kind of getting missed by people.
So, essentially, we've changed the team and that's the key thing, really.
Also, because the process is so much more, like, you get an email when
there's an application, you know, I mean, it's so much easier now to
stay on top of it, rather than someone checking some small repo on
GitHub and, you know, potentially not checking, you know, in a given
time frame and blah, blah, blah, you know, it's, so, yeah, the team,
And I'm going to throw it over to Steve here.
I'm sorry he had his hand up, but it's really cool because we actually
heard Sunny talk to us about this just a few months ago when he was on
the team working to make the grants more accessible and encourage
builders and developers to come to VeChain.
And so, it's really cool to see that really come into fruition and come
into fruition very quickly.
I mean, like I said, he was just talking about it a couple of months ago
And Grants 2.0 has already been launched.
So, a big shout out to the team.
And Sig, I saw you had your hand up.
Yeah, I mean, actually a couple of things.
So, first, I think revamping the grant program is an absolute must, just
streamlining the process, making sure it's easier and that there's some
direction on where to go and how to apply for these things.
So, and I'm sure we're going to talk a little bit more into the process
and the approvals and those sorts of things.
But on the other topic, or not other topic, but Jake, I actually just
DM Charles, who's one of the founders of Nifty Island, just asking if I can
introduce you to and create a group chat.
So, hopefully we'll get some traction there.
Maybe we can onboard VeChain into Nifty Island and get some of our NFTs
up and running over there.
Nifty Island came out of nowhere and just like absolutely taking over the
I haven't been able to stop playing.
So, yeah, I think there's something there.
And if we can do something with VeChain in there, I think that'd be a good
step towards some visibility and just having some fun with the greater web
So, we'll see what we can do.
We need to get integrations on these platforms as well.
It's definitely a good move.
And obviously, like I say, we could use the grant if that's a pathway they're
And again, we can provide some kind of support for that.
And then, obviously, that benefits everyone.
What do you got, brother?
Definitely appreciate it.
This is coming to you here.
And forgive me as far as my line of questioning.
I'm just basing it on the time at which I came in.
So, this is how, like, I haven't been here for the entire space.
So, forgive me if I'm leaving parts out.
But, yeah, I've been hearing about, like, the grant program as far as, like,
Being able to, like, offer some incentive to have that integration process
Because I'm interested in that because I'm cross-chain friendly.
So, I'm in different projects over there that's in Nifty Island.
Because I'm kind of asking, like, as far as, let's say, somebody that
actually facilitated that connection.