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VeChain Updates - March 2025
Recorded: April 9, 2025 Duration: 2:58:13Space Recording
Short Summary
In the latest V-Chain monthly update, the foundation highlighted significant growth metrics, new partnerships, and ongoing fundraising efforts, showcasing the ecosystem's expansion and commitment to community engagement.
Full Transcription
Thank you. uh
I'm getting black, I can't just swear, I've been too long, I'm glad to be a friend,
I'm getting moved from the news, that's killing me, hey in the morning,
give me a lot of time, get you killing me, I get the rest, cause I'll never die,
I got tonight lying, can't say, it's amusing everyone, everyone, oh
oh I'm gonna push my neck and get down in the street! I'm gonna push my neck and get down in the street! I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street!
I'm gonna push my neck and get down in the street! I'm gonna push my neck and get down in the street! Oh, my God. Thank you. Music I'm out. Oh, my God. I the fam welcome back to the 25th v chain monthly update space yeah you heard that right we're 25
of these deep now so appreciate you all for joining.
This has been a lot of fun on this journey together. And like I said last time and the
time before that and the time before that one, we're still just getting started. Oh, we've got
a fun space today with a bunch of teams joining us. But before we dive into things, before we go into
the agenda, let's go around the horn and hear from our speakers here. Let's start with the
co-host that's been with us since day one, the team that's making it all happen, the V-Chain
Foundation. Jake, how are we doing today on this fine Wednesday afternoon?
Hello, hello, hello. hello yeah very good thanks connor
thanks for hosting another leeching update space my god this is a pretty successful series actually
done um all's good in the uk we just kicked off a very cool thing in miami but some of you may
see the article it's only it's fresh hot off the press um and some cool stuff there which we can
talk about later and it's sunny in
england whoa oh my god the winter is over thank god yeah not so much here we're on and off in
chicago so you know i'm doing my best i'm hanging in there i'm ready for it to be summer but let's
go around the horn let's go to some of our speakers that have joined us on stage before
diving into things i see we've got the SolarWise crew,
and it's always fun to poke you guys to see which one gets to go first.
So, Ronnie and Bianca, if you figured it out yet,
you know, who's going first?
Yes, Connor, we have.
We're going today with Ladies First.
So, hi, guys.
Hi, Connor.
I like it.
Yeah.
Thank you so much for hosting again.
It's always a pleasure.
I can't wait for the space. And And yeah, it's going to be great.
over to uh one of the newer more vocal legends you know he's been doing things behind the scenes for
a bit but if you haven't had the chance to speak from or to uh speak with him you will now breaking
balls on stage i know we're gonna have him here asking some community questions how we doing my
friend good to have you hey brother thanks for having me on yeah looking forward to this update
from a lot of the d apps that we've heard a lot from and some that we haven't.
So I'm very interested to hear from them.
And a lot of community members are also very excited to hear from them as well.
Yes, they are.
This will be a space that's very community question heavy.
So if you're one of those community members that has a question for one of our teams, when we get to their section, come on up. Let's get to it. Now, we talked a little bit about it
last month, but we've got some ambassadors that are just killing it right now. We dove into the
program for those that missed it. Go tune into the last space, hear a little bit more about it.
We've got one of the legends here that's been pushing a giant push-up challenge across the community, Johnny Green Ninja. Welcome to the stage, my man. How
you doing today? What's up, Connor? Thanks for having the case or having the space here today.
Yeah, I'm doing great, man. Haven't been able to do some push-ups. I injured myself
pretty badly, so I feel like I've just been injury prone over the last few weeks. I haven't
really been able to push myself that much, but I'm healing. It's good, speedy recovery.
So should be up and going pretty soon. As far as Jake, it's good to hear from you. Hope your
baby's doing well. SolarWise team, glad to hear from you guys. Breaking Balls, man, I am glad to see you on stage.
Cool.
Like you mentioned, Connor, he's been working in the background a lot.
I actually know Breaking Balls more through Discord.
I've been DMing him for the last few months consistently.
He's probably one of my top homies in the community right here.
So glad to see him on stage up here.
But yeah, I hope everyone's doing well.
I'm excited to see what kind of updates we got going on today.
Well, my man, I hope you feel better soon.
I know the VFAM needs your support to keep those pushups going.
You got everybody on the timeline doing it, even Sonny fucking Lou.
So that was awesome to see.
Let's go to another legend on stage. let's go to uh another legend on stage
let's go to the v sagas team who do we got behind the account today it's wild bill what's up wild
bill how we doing i'm doing pretty good it's sunny here too good to uh good to know it's uh
shining in england too um yeah no good morning just uh excited to hear all the news i'll let uh everyone
else uh come up and say hi got a ton to talk about that's for damn sure we've got italian
stallion on stage how we doing my friends welcome to it hey guys you can hear me okay i had some
trouble i had to rejoin reconnect we all good we've got
you locked in loud and clear awesome awesome cool yeah i know it's uh nice to see you guys and i was
uh had to take a break for a while myself just kind of getting caught back up into the swing of
things catching up on everything but nice to see you guys well it's good to have you up here i know
we're going to be talking a little bit about your team. We have a section allocated to Oily and you guys. So excited to hear more about what's going on in your world.
Ronnie, I know you stepped down for a bit over at SolarWise. We good? We got you here?
Hey, Connor. Yes, I can hear really well.
Loud and clear.
I'm very excited to be again on this 25th space i can't believe already
25 past i remember when this started and yeah i'm really excited to hear you know updates from the
other projects and also you know we're also really excited to share some news you know what's
happening with our upcoming forms the tickets and some of our location as well so you know
really excited to get into it.
And yeah, thanks for organizing it.
Of course, always happy to and excited to hear more about it.
I just pinned one of SolarWise's tweets at the top that we'll probably get to sometime during this space
to hear a little bit more about what you can take advantage of
with one of their new initiatives.
But before we do, let's go to two of the newer teams on stage
that we're going to be talking to a of the newer teams on stage that we're
going to be talking to a little bit more directly, Vivo and Carbon Larity. Vivo, we'll go to you
first. Welcome to the stage. How are you today? Hey, I'm doing good. I'm glad to be here. Yeah,
we don't think we have participated in any of the X spaces before, so it'll be nice to be a part of it and provide some clarity.
I also wanted to mention that I'm not going to be the only one speaking.
We have our other co-founder here, Mariana Crim.
So if you could, when you get the chance,
give her the ability to speak to it, that'd be nice.
But yeah, I'm looking forward to being a part of those spaces.
And yeah. Well, it's good to have you here, team. I know a lot of the community has been looking
forward to talking to you. And yes, we have Mariana up here right now. Mariana, if you want
to introduce yourself as well, before we get started, that'd be great. Sure. First of all,
thanks for the opportunity. I'm super excited about listening to everything you guys have to say
and clarifying some of the things we've been doing on our end.
So this is a special day for us.
Well, thank you for joining us and getting ready to talk to the community.
We appreciate you stepping up to the table,
and we'll talk about the offer that we put out there
and, unfortunately, some of the teams that couldn't make it stay but hopefully we can talk to them as well carbon larity welcome to
the stage you know you'll round us out here how are you guys doing today very good thank you for
inviting us during this event and one thing i need to mention is our co-founder is currently attending an exhibition in Hong Kong.
So this is Carl instead of Stanley joining this AMA event.
But I'm quite excited to share our latest update.
Well, it's good to have you here.
Yeah, of course.
It's good to have you here.
I hope your co-founder crushes it at the event.
You know, obviously we're going to be starting with you and we have a lot of questions for you.
So if there's some that we don't get to or some maybe that you guys can't answer,
we'd love to set up another time to continue diving deeper into it. And that goes for all
the teams up here. So let's just kind of set the stage today because as the audience can hear,
we've got a lot of DApps here that we're going to be talking to. Now, we've spent a lot of time the last few spaces talking
about the growth of VBetterDAO, one of VeChain's core initiatives here. And so what we're going
to be doing in this space is kind of focusing in on that core initiative and talking to some of the
teams that have faced what we'll call controversial conversation, some things that they've done,
what we'll call controversial conversation. You know, some things that they've done,
actions that they've taken that has led to mistrust in this community. And I think it's
come from, you know, a lack of understanding, a lack of transparency, as well as, you know,
just a lack of having an open discussion. And so that's why we're doing this here today and kind
of bringing these groups together, some of which are facing some of those situations and conversations that we'll talk about individually one by one.
And we're going to start by talking to Carbon Larity. Then we're going to move over to Oily.
And then we're going to finish off talking to the Vivo team. We're also going to have the
community questions portion as always. And we're going to kick off the space talking a little bit
about just VBetterDAO in general,
because we're growing all. I want to selfishly hear a little bit more about these metrics,
hear more about what's going on from the foundation's perspective.
And so as we get ready to kick things off here, we're actually going to go over to Jake.
So Jake, what the heck's going on, man? Tell us what's new with VBetterDAO. And while you're getting ready to do that all of our listeners since we're kicking off please go retweet the space throw a
like you know comments and let's get this thing trending but jake what are some uh highlights
that you can share with us highlights wise yeah i mean it's been uh popping off continuing to see
adoption and growth uh which is obviously fantastic.
I think latest stats, we've went out to 11.5 million better actions.
So that's some kind of app-based activity across the ecosystem.
35.39 million best distributed.
Someone who's better than me at maths could probably quick maths that
and work out what that is in rewards.
But obviously that's a hefty sum in the millions now.
And that's a nice point when you speak to institutions, right?
They want to see numbers like that.
So we've been able to incentivize, tokenize, and reward millions of dollars worth of engagement,
which is fantastic.
1.2 million unique wallets.
And we're up to 55K actions in a day so there's just some you know platform stats and i don't
know if anyone caught the the website uh update but we've got a pretty nifty little um kind of
ui feature now where it shows you the the token the sustainability proofs uh on the on the main
page so for instance we can see how much energy has been saved how much carbon's been offset uh how much timber has been saved, etc. So you know, this is one of the metrics we record,
like your impact for Cleanify, for example, you're picking up plastic waste, we can tokenize that,
we can demonstrate that on chain, actually, how much, you know, has actually been removed. So
pretty cool numbers, and going the right way. Obviously, institutions, investors, all these kinds of people that are now like getting interest in the ecosystem on a high level.
They love to see a growth story and everything's pointing in the right direction.
Community engagement going up.
Daps are going up.
Liquidity is going up.
Values going up.
I mean, it's, you know, it's, it's a good, it's a good growth story,
obviously, against a trying backdrop at the moment when we're talking about other geopolitical things.
But, you know, still, we press ahead. No, I think those are awesome to hear the metrics are finally
kind of growing into the millions. It's fun to see, but I know we're going to be talking a lot about those
metrics and how there's somewhat of an asterisk next to some of those. And I guess one thing that
I'd love to dive into, just because I know it is one of the core metrics you're tracking, is
the update of dApps. Where are we at with our total number now? I know last time we checked
in, I believe we were at 25. We're still sitting right there. Yeah, I think we're up to 33, weren't we? Last time I looked, I should have actually had a more updated number. I believe we were at 25. We're still sitting right there. Yeah, I think we're up to 33, weren't we?
Last time I looked, I should have actually
had a more updated number.
I know we've got some in the pipeline as well,
some pretty cool apps coming up
that you guys should be paying attention to.
But yeah, you know, obviously we've got that 100 app goal.
And I mean, we're reaching,
we're making good progress on that. I mean, considering we launched
on June
30th, you know, again, we're only
nine months old, going into ten
months, which is pretty awesome to
have this kind of uptake in this time
frame. And some quite cool apps coming
up lately, you know, Meetimate,
just, you know,
branching out into quite
a lot of different directions, which I think is pretty cool.
Are there any highlights that you look at within kind of the DAO itself when it comes to like,
you know, a DApp doing something, achieving an initiative, you know, a milestone since we last
chatted that you guys thought was exciting, you know, something to share? Well, I mean,
the Cleanified team
props to them i mean they're out in miami right now they've just launched an activation on an
island which i cannot say because there's some vips there right now but yeah they're basically
launching a kind of specially skinned version of cleanify to showcase it to four ocean we've got
the ufc foundation there we've got like say, VIPs there looking at the tech,
seeing it in action.
And this content will emerge.
You know, there will be videos and media to follow
and more details on who these supposed VIPs are.
So I won't be Mystic Meg forever.
But, you know, I just want to give props to them
because you look at their campaign page,
they're running campaigns across the world.
I mean, pretty impressive uptake, especially in the Asia region and Japan.
Where is she going out?
Part of our retreat.
So when we basically, you know, we're going to Japan.
We've got the expo, sorry, not retreat.
We've got the expo in Japan.
And the HEM team, we're going to actually meet them
because they're doing so much work out there.
And they are, like, external, but they've really kind of taken it on themselves to kind of, like, forge this community around the Cleanify app.
So Japan is, like, super on that, which is great.
Obviously, the Mugshot team, absolutely crushing it.
I think 150,000 weekly activities.
Connor, I think you actually know better.
You're on the ground with these guys we're we're sitting closer to like
because i want to you know there's an there's an asterisk next to it let's say like a right around
100 right now but yeah it's crazy impressive like the unique wallets is just continuing to grow as
well um and i think the really cool thing is the spread of their cities they're touching so many different
cities exactly i love it and then obviously evn you know this is a really cool app we're obviously
limited by the amount of um people that actually have teslas but i know we're in the you know
four five four five thousand range of individual cars uh i mean you could go around the horn
obviously a lot of apps are doing a lot of great stuff um i know yeah i know a few apps uh um like green cards got into the uh i forgot what's called the retail
institute d'italia because obviously they're an italian team so now they're rubbing shoulders
with car four in this kind of uh you know enterprise circle where they're trying to
obviously introduce the application and it's just great to see teams forging their own paths.
And I know I missed a bunch of updates from a bunch of other teams.
I apologize.
I didn't say everyone by name.
But, you know, it's cool to see you've, you know, you had the foundation building and
pushing and it was like the single entity.
Now you've almost got like 30, 40 teams with the shared vision.
Obviously, the foundation is supporting technically with its clout, with our network like through institutions through bcg for these kind of levels but now you've
got 30 teams that are also pushing in an adoption uh like vector which i think is obviously a lot
more powerful than one entity doing it so you kind of get in this snowball effect of uh of activity
which is great for further growth further awareness all that stuff
i mean it's a dow it takes a fucking army if it was just one person doing it it wouldn't be a dow
so it's awesome to see the community step up and you're seeing them step up in many ways
you know sure they're launching d apps but they're also launching proposals and there was a fucking
huge proposal that was launched this past month.
Awesome proposal led by two community members, Data and Mr. Whittleman. For those that are unaware,
it was something that was restructuring how we are presenting GM and FT rewards,
as well as putting some safeguards on distribution and allocation within the DAO for teams. It's going to be the first of many that
were coming. It kind of started as a much larger proposal, and we're trying to break it into
chunks. And so the first chunk looks like it passed. And I'd love to hear more about the
foundation's perspective on it, because this was the first proposal of its kind we've seen the
community rally around and push through.
And it definitely won't be the last. Yeah, I mean, obviously, as a DAO,
as something that the foundation wanted to incept, but very much like release and not be like the
boss or whatever, you know, I think it's amazing to see people take these approaches. You know,
I wouldn't, I'm not personally going to comment as a representative of the foundation on a particular, you know, what I think about it, because obviously it's
got to stay neutral. But I know, you know, that passed and I know that Sonny was like,
right, get on it to the legal guys and like basically just getting the devs, you know,
prepped and people are just trying to basically, you know, work out how that will work. Because
of course, it is quite a lot of moving parts to it. So it's, you know, work out how that will work. Because, of course, there is quite a lot of moving parts to it.
So it's, you know, sorry to the dev team.
You just got like a workload added.
But, yeah, I mean, it's really cool to see people take ownership
and care enough and be able to galvanize others to get these things passed.
I mean, that's obviously exactly what we, as VChain, had hoped to see.
And obviously, this proposal notion was quite a novel thing when we launched it.
And I think, you know, it took a bit of time for people to really get it.
Because we never had anything like that before, right?
It was like, what is this thing?
But now we're seeing people really take ownership, take it into their own hands, run proposals, get them passed, most importantly.
And yeah, it's amazing.
There's no universal appreciation for that notion. Absolutely.
Damn right. And there's people doing other things outside of just writing proposals.
You know, a lot of things right now have been really focused on security and putting safeguards
in place to prevent a lot of the farming that we are seeing happening on the DAO.
And I'm curious if the foundation's doing anything behind the scenes or if there's anything you guys
can share about what you all are doing when it comes to working with these DApps or, you know,
just working independently to combat these farmers that are present within the DAO.
Yeah, of course, we're working on tools, we're always working to bring new things that can
help people. I know there's going to be some, a specific DAP focused thing coming soon, which
actually, if anyone follows Dan Rusnak, you should follow him because he's great. He's one of the
devs at VBetter. He's a great guy in general. Shout out Dan. But yeah, they're introducing some
features, for instance, like you can set limits on fund withdrawals.
So you can prevent draining, essentially, by putting a hard stop on,
okay, this looks anomalous, it's past a certain value, boom, no more.
And put a block in place, essentially.
And also the ability to pause distributions any time to just be like a nuclear reset.
Like, okay, no, I just need to evaluate this.
If you see suspicious activity, which obviously could be automated.
So if there's an anomalous something, then of course, yeah, I could trigger that.
And then we do have in the VBetterDAO docs, like a best practice booklet, essentially,
which is like, you should have all these things in your app.
And although it's not for us to say that's mandatory that could be a
consideration in the future like should apps have this minimum level of security yes they should
i'm just going to answer that right now and i think the whole community should should will agree
with that as well i think in principle yes but it's not enforced it currently isn't enforced
because it's not like a rule of entry per se so that could be a rule that's introduced not
It's not like a rule of entry per se.
So that could be a rule that's introduced.
I'm not saying, yeah, you know, I mean, not putting words in people's mouths.
But anyway, we have a minimum security recommendation as well
that helps with the majority of common vectors.
Like we've seen some apps come in without that stuff in place
and then getting attacked.
So, yeah, there should be more emphasis on that as well.
But certainly in terms of the more immediate, powerful tools, stay tuned with Dan Rojnak, Aligulfo18 on X. He's leading it and he's been tweeting about it and that will be coming soon. I don't know the exact date. I will find out.
I know the whole community will.
We're going to keep poking you on that because I think that is something that is really important to everyone right now to make sure that we can maintain the value better.
We can continue to secure this revenue stream for these DApps and continue to maintain the health of the DAO.
And so I'm curious, you know, is there any other kind of core initiatives outside of the things that we're talking about that the foundation is working on in terms of maintaining the health of the DAO and the longevity of it?
Well, I mean, obviously, building tools, that is our core kind of remit. But key things being,
obviously, going to institutional partners, exploring higher level kind of adoption and
growth opportunities. We do actually have an app that is getting taken on by an entity.
So that's cool.
More information we've revealed there.
But it's kind of the first time we've had an official, like, you know,
take ownership of an app by, you know, an actual established, like, organization.
So that's something really cool.
And, again, it's a sign of the times.
Like, they're seeing the value they're understanding uh you know that there is a place
for this in community loyalty and engagement incentivization like brand enhancement all that
kind of good stuff um and then obviously you know we continue to use our networks to explore kind
of growth opportunities i mean that's probably the thing we can lend most
of them and obviously the tools and the consistent upgrades like we're always upgrading the website
and the and the tool set and the devs are always working on updates v world is another one actually
v world's been getting a lot of updates lately and to foreshadow that will be a very major update
coming to v world but we will obviously tell you more about that when the time's right. But again, really improving the quality of life, like a major objective,
obviously in parallel to us going to these institutions, these legacy user bases,
like we are aiming to deliver that kind of very Web2-esque experience.
And, you know, you guys kind of suddenly already dropped the news a little preemptively.
We haven't said names yet,
but that card functionality will be brought to market very, very soon.
And that's a huge part of our strategy of making the kind of blockchain
lifecycle, the usability, sorry,
lifecycle just super, super intuitive, right?
You can have this very nice onboarding experience, social logins, account abstraction.
You have a smart contract wallet.
You don't deal with seed phrases.
You've got a great security feature.
If you do lose your seed phrase,
you can have it recovered independently.
You've got the fee delegation,
so no gas payments.
You don't see any of that stuff.
And then now you've got this ability to spend the token.
So you're being a great human.
You're washing your clothes on cold.
You're eating from too good to go, blah, blah, blah.
You earn a bunch of points, basically.
And then you can go and spend those with a card.
And the great thing for Sunny's mom, as he likes to put it,
that experience of an older user, she doesn't have to ever see blockchain.
She downloads vWorld.
She can still log in there with a social login,
and she can do the whole lifecycle without actually really having to know anything about blockchain.
So this is obviously the goal.
It's always been vChain's goal.
That's how we've managed to get these enterprise partners that are still doing their things on chain.
And now we've kind of taking this approach to people
as a major adoption vector,
and then obviously working backwards to the enterprise pipeline.
Now, of course, the end goal is adoption at company levels as well.
So it's like a reverse way of adoption,
but targeting the mass user base first.
I know Paul just slipped the table because he heard that the first potential enterprise, the app user base first. I know Paul just slipped the table
because he heard that the first potential Enterprise DApp is coming.
That's something that definitely is interesting to me
because I know we've been talking about that since day one,
is how quick were we going to see Enterprise DApps launch on the DAO?
And to see one launching within the first year,
that would be music to my ears.
So let's see this happen and very interested to get some more updates.
We'll go around the horn for some final thoughts here on this section,
if anybody has any.
Otherwise, we're going to start jumping into the meat of the space
and interviewing teams.
Breaking balls, it looks like you've got something.
What do you have to add here?
Hey, Jake, thanks for having me.
That sounds all great and really excited about an enterprise project coming on board um you know just a little you know let me talk about this a lot on this space but you know we
talk about farming in general um you know with this enterprise coming on i hope you know they're
reading this one sheet and you know because a lot of dfs that are coming on. I hope, you know, they're reading this one sheet and, you know, cause a lot of D apps
that are coming on right now are not prepared.
And hopefully they'll be getting that one sheet.
And I know there's a security white paper
that was just produced by a community member reheat
and it actually just got added to a section inside V delegate.
So I would point all D apps there
that are currently fighting farmers
or trying to figure out ways to stop them.
You know, right now, the analogy is
a lot of these DApps are coming up
and they're being slaughtered by farmers.
So, you know, as an XNode,
as an active community member,
anything that we can do to prepare these folks
before they come on the DAO would
be just the most idealistic thing.
Because in my mind, before any marketing for credit cards or anything like that happens,
we need to make sure that these funds are going to the right people.
Because that's what we all want here.
That's the goal.
So that's all I got to say about that.
And thanks.
No, thank you.
Breaking balls.
I'm glad you didn't break my balls today.
That was, that was a nice.
Oh, there's still time.
Ah, shit.
No, of course.
Yeah.
Don't worry.
There's been some handholding and actually we kind of helped build it.
And it's basically being, you know, IP on, blah, blah, blah, blah.
I'm already saying too much, so I'm going to shut my mouth.
But, yeah, it's coming from…
Somebody clip it! Somebody clip it!
Obviously, we've taken the best security practices.
And, yeah, it's been interesting seeing different people try different stuff in the ecosystem.
I mean, there is this unfortunate dynamic of a whack-a-mole, you know.
But, yeah, all we can do is be vigilant, put best practices out there.
You know, it's great to see the community putting that white paper out there,
reheat, you know, respect.
I actually didn't see that.
I feel like my algorithm is broken, right?
I feel like I missed so much stuff.
It's brutal.
Honestly, if you watch, like, one off video that's, like,
not on your traditional feed, it screws up your whole algorithm right now.
I need to find it. I'm going to.
It's pretty rough. It's pretty rough.
I'm going to reheat. I mean, I love this person's kind of popped up and then they're just like, bam on it.
Like, is it? Who is it? Who are you? Reheat.
One of many solid people. Yeah. That are popping up out of the shadows.
I love it. I i mean it's great
yeah and i think you're gonna you're gonna see more of him for sure that's fantastic i mean i've
we've messaged we've shared a message uh recently um uh yeah in any case i won't divulge details but
ultimately yeah it's great to see and i think it kind of speaks to be better giving people more
like sense of ownership like when v chain did the stuff and went to the enterprise and told the
stories, it was always like, okay, that's cool. Yeah, I get it.
And then people kind of got involved because it was this investment thesis.
It was like kind of logical. And now there's like,
there's this actual owning mechanic that you have the DAO,
like we control it. There's community funds, there's the treasury,
there's, you know, weekly votes.
We're lending
dApps our votes
to earn rewards.
I just think it's great
for engagement.
And this speaks volumes.
I mean, I see,
I'm on the profile now,
crypto lurker from the Vendays,
shout out Vend crew.
But yeah,
I think it's really cool
to see a lurker
come to the fore
because we've got
so many lurkers.
I mean,
VeChain's social media
is so tracked and followed. Like, we've got tons and tons us i mean v chain social media is so tracked and
followed like we've got tons and tons of people following us um you know i see the impressions
but the comments don't match up so it's like we get so many eyes but people are just there's a
lot of casual observers so reheat great job um it's amazing to see you know you pop up and put
in the work well i think that has a lot to do with the initiative right here on this space.
You know, for a while, you guys weren't necessarily talking to the community.
You were talking to the enterprises.
And so a lot of these lurkers were like, well, who do we talk to?
You know, are they even listening to us?
And eventually we got your damn attention.
And you started talking to us and you realize that there's a fucking army here.
And I think that more lurkers, you know, are going to be coming out that have been a little bit silenced that are doing things behind the scenes that are ready to share their skill set.
You're seeing it with all of these DApps being able to quite literally hire VFAM members for the first time ever.
Like that's never been a thing where people are actually having paying jobs.
So it's awesome.
It's going to continue to
happen but you guys have to continue to be responsive put the foundations you know representative
in places where we can have conversations with you guys and so we appreciate you coming here
every month to talk about this but still a lot of fucking work to do to get the rest of those
lurkers out yeah and just you know side, but I will be here with Matt.
And the team are so responsive, so engaged.
Like, Sonny really, really loves this community.
And that's not just trying to, like, you know,
feather his back, whatever.
I don't know where that saying came from.
But, like, you know, he's always looking on X.
He's always following what people are talking about.
Like, he sees a lot.
And he does direct people accordingly
you know he he wants he built this obviously to get adoption and to drive adoption and to be this
amazing new innovative pioneering concept and all the good stuff but he also did it because it was
like how do i get the people involved how do i you know you'll remember the the power for changes in
your hands this classic slogan of like we're taking the power back from enterprise, this top-down approach. We want to be a people-led revolution. And like, this is
really speaking to the original vision of what VeChain kind of believed to be true. So yeah,
it's pretty damn cool. And you can count on VeChain being there.
Well, your ambassadors are definitely going to keep you honest as well. You got one of them that just jumped in here,
one that does a little bit of something in the VFAM.
I don't know if you have anything to add, Pauly,
but I know you kind of have an opinion or two
and talk to a couple people every once in a while.
Yeah, maybe a couple here and there I might talk to.
Yeah, no, I got my little break for jury duty.
I got about 20 minutes before I got to go.
So if you want me to stay as co-host just to keep the panel open for more ads, I can just leave the
phone in the juror pool room and let you guys go. And keep it on so we can hear what's going on.
Oh, I wish I could, man. I'm pretty sure I'd cause a mistrial. So I'm going to probably have to say no.
But yeah, I did want to jump in here while you guys are talking about this, because I think it's been great as with the ambassador program,
obviously having that in itself has been great.
But having that access to Jake, you know, I poke Jake all the time.
And to his credit, you know, when we've had issues pop up where the community is a little concerned about something and have questions,
I can reach out to him and he's done a great job of trying to trying to help us navigate that and settle some worries.
You know, we had one a couple of weeks ago.
I talked to Jake and he reached out to Nan and Nan actually took some time to verify some stuff for us.
So it's been great to see this evolution of, you know, for a long time,
we've been talking about how the communication between the community and the nodes
and the foundation has really been missing.
And to see the evolution in the ecosystem where those three are coming
together, you know, whether it's Mr. Whittleman and Reheat and Breaking Balls, you know, helping
with the Node community or Jake being that conduit that we can reach to to connect and
confirm that, you know, accounts that are out there reaching out to the community are
in fact legitimate and we shouldn't be too concerned has been a great thing.
And as well as seeing some of these DApps starting to realize that utilizing some of
these community spaces are really valuable for them.
Community members are concerned and the best way to answer those concerns is to just come out and talk about it
before uh warriors can can kind of let a molehill turn into a mountain you know so uh good good on
these d apps that are coming out and uh i'll even shout out oily here you know he joined us a couple
weeks ago got some feedback went back and, and the team has adjusted accordingly.
So looking forward to hearing his explanation and all that.
So shout out to everyone that's really being an active participant
in evolving the communication aspect for this ecosystem.
I think it's huge.
Shout out to NFBC and the
team and
all the other ones that are up here. And also looking
forward to hearing from Carbon Larity and Vivo for the
first time. Thank you guys for joining us.
So, just wanted to throw all that stuff
out there. Shout out to you, Connor and Jake
and everyone up here.
And if I'm not talking, don't worry.
I'm just in deciding the future of
a man on trial.
So I'll stop there.
No pressure.
No pressure at all.
Well, Pauly, I think we honestly might drive some more of this discussion to one of your spaces.
So for those listeners that somehow don't follow Pauly TV yet, he hosts a space on Monday called Vibin' with VeChain with another legend in the community, Wiz.
Go join.
It's an open conversation where a lot of DApps have been welcomed to connect with the community.
We talk about current initiatives going on, proposals. Heck, we even talk about mermaids,
which I just used a trigger word. So we'll see what we're going to talk about on these next ones,
but they're usually a lot of fun. Highly recommend joining. But for now, we're going to dive into some spicy shit.
So as we get ready to talk to some of these teams, I encourage everybody to come up, participate, ask your questions directly.
I have a giant list of questions from you.
So thank you, community, for sending them in.
But let's keep it constructive.
I know passions probably are going to get high at some points.
Raise your hand.
Try not to interrupt everybody.
And if I kick you down when you're not speaking, don't take offense to it.
I'm probably just trying to rotate speakers.
If you have something else, just raise your hand and come back up.
But let's dive into it.
And we're going to start with Carbon Larity here.
So Carbon Larity, to set the stage before I hand it off to you, let's talk about why
To set the stage before I hand it off to you, let's talk about why we're here.
we're here.
I'd love you guys to provide your perspective on why we're even having this conversation today.
Because not every DAP team is up here.
Some DAP teams are up here voluntarily, like SolarWise, just kind of chatting about what they're doing.
But you guys are up here because the community has been calling your name.
Why is that?
Yes, we're here to share some key updates on our project as well as receive the
valuable feedback from the community.
And recently we have wrote out the enhanced login verification, just like we discussed before to prevent some
professional farmers. And also our first batch of smart plugs is shipping this month and we are
expanding into additional different hardware such as solar energy storage system. And on the software side, we're deepening a multi-source data integration and building AI powered home energy controller for markets like the US and Europe.
Yep.
Okay.
Well, there's a few things that you answered there.
So it sounds like, one, we're here because you listen to feedback from the community that they want to
talk to you. So I'm glad that that happens, that you guys at least saw that. You know, I guess
let's dive into that further because, you know, that is one of the first questions is, you know,
was there a reason it came to this space today to respond to the community? Because you've had a lot
of individuals that have been trying to get a hold of your team in Telegram.
They've been adding you on X.
Can you tell us a little bit about why today and why maybe you haven't replied to some of those individual inquiries?
I see. We understand this concern.
What you are saying maybe due to, I mean, like I mentioned before, we're quite busy here.
And our co-founder is in the exhibition in Hong Kong.
And that's okay if you guys were too busy.
But I think that's also a good sign.
Go ahead.
Yeah, but we are trying to respond as soon as possible, but we are lack of people, you
know.
We're trying to hire some part-time, the internship, but the progress is not that smooth.
Yeah.
So what I am hearing is you guys need a VeChain community manager
that can at least help bridge some of the communications
of what you guys are doing to the community.
And so as an action and a recommendation from you guys,
build the role.
And if you guys need help,
reach out to some people here, more than happy to.
But you have a ton of individuals in this community
that could step up and play that part.
Because the lack of time, I understand it,
but in this Web3 environment,
which is so different from a traditional Web2 startup one, and I was just talking to a founder about this today, is the importance of community management.
It's not quite business development.
It's not quite marketing.
It's almost a hybrid of it.
And it has to be part of your team's core infrastructure because of the demand that Web3 brings with it because you're in this environment of users having a say and users being involved.
And so I highly recommend that you guys change that sooner rather than later to resolve these communications.
Because from the outside looking in, we don't know that you're too busy.
What we hear is these guys aren't important.
You know, we don't necessarily care about their feedback.
And I know that's probably not the case, but unfortunately we don't know.
Another thing I have to mention is
there are some
organized groups attempting to manipulate the public
opinion to get unfair advantages within the
ecosystem. So we do ignore those messages in the group because they are not
the, I mean, the normal users. Oh, FUD, I get it. Yeah, FUD, I think, is a different story when it
comes, you know, unblatant. But I think there has been, you know, some valued claims from community
members that definitely did express concerns. You know, I know an individual up here that's got
their hand raised. Heck, I think he's tweeted a few at you guys did express concerns. You know, I know an individual up here that's got their hand raised.
Heck, I think he's tweeted a few at you guys.
Breaking balls.
You know, breaking balls, anything that you would add here?
But, you know, just before, it really does sound like, team, this is an easy thing to solve for.
Get a community manager to help you guys talk about what you're doing and answer these questions.
But breaking balls, go ahead and jump in here.
I agree.
I mean, you guys have been on the DAO for a very long time.
You've taken on a lot of allocation.
As a community, we don't know where that's going.
As of now, you're only working product in a bunch of quizzes,
and a lot of users clearly didn't get it to work.
I'm on your telegram.
I see people ask questions
all day long.
That's not fun.
It's about where's my product
I bought two months ago?
Where's why?
What's where?
Where are the rewards
that we're supposed to be getting?
And there's no response.
But you have an announcement
telegram that you post on
that like. So it's just like,
this is where the community member that could help you with these things might be helpful.
So if you can answer some of those, you know, and again, and I want to say this out loud, I don't,
you know, care to most people, we have the community, we're on high alert for questionable
gaps, no matter how long you've been on the gap. And the thing is some of these D apps,
two of them that are here are currently endorsed by a hundred point nodes.
We don't know who those people are,
but they got onto the down and here they are.
So the community hasn't really had time to vet some of these D apps.
So I apologize that we're coming at you,
but at the same time,
like the least we expect as a community is communication.
Community.
Communication.
100%.
You know, that's all we ask for.
If things are slow, communicate.
You know, like that's all.
There's a Telegram support channel.
You just got to answer it.
You know, if you're too busy, write in your announcements.
Hey, we're too busy.
You know, instead we're getting posts about how you're attending these events in Denver.
Like, okay, great.
But what about the people that have spent money on your product that hasn't been delivered yet?
And where is all the allocation going that you're getting weekly?
These are all very concerning questions.
So that's what the community is dealing right now for you
guys, and it's not fun, it's just simple facts. So Carbon Larity, would love to hear, you know,
taking all of that in, obviously, you can't speak on behalf of the team, you know, I know you have
to go back to your co-founder, and you mentioned that, you know, they're unavailable right now,
you know, is there things that you plan to take back to them to discuss from
this? You know, would you guys look into hiring a community manager?
I think so. But one thing I have to point out is most of the questions users put in the
Telegram group has been replied to via the direct message. And originally, I was considering the privacy concerns,
but moving forward, I might start replying directly in the group.
That would be huge.
Good to hear that you're replying directly,
but I think doing it in kind of the group conversations of a telegram,
that's just another easy step that can help solve for this.
It sounds like the theme right here, Carbon Larity team, is you guys got to talk to this community.
Let them ask you some questions. Let them know about what you're doing. And I think we would
come to the bottom of this and, you know, get a better understanding of why you're doing some of
the things you're doing and heading the direction you're heading. And if you do that, who knows,
you might get an army behind you. But at the same time, you might have some people that say, that's not the right way to do
things, or I don't like that, which can help you pivot your direction. So we won't beat a dead
horse too much with this. We do have some other questions here. But I think from the theme so far,
we just got to fix that communication gap with you all. But at the same time, it sounds like actions are happening behind the scenes.
And I do want to poke into one of them.
A very specific example to start with.
And I think this kind of leads into what Breaking Balls was talking about.
There was a transaction that one of our community members,
a legend we already talked about, Reheat,
mapped recently last week,
where your team sent $60,000 from your treasury
to an individual wallet.
And we wanted to get a better understanding of what you were doing with that allocation
and what you're doing with your allocations you're being given right now.
Where are a lot of those funds going?
So is there anything you can share with that?
Sure, sure.
Actually, we published a detailed breakdown
of our allocation plan in VTRAs Discord,
and feel free to check it out
if you would like to dive deeper.
But to give you a quick overview here,
it's like 25% of weekly allocation will be used for the user reward and 15% of
the weekly allocation will be used as the unexpected earn, which provides additional
incentives to foster long-term loyalty and active participation and 20 percent of the weekly allocation will be used as the product development
and marketing promotion and 10 percent of the weekly allocation will be used as the node
incentives and another 10 percent will be used as the reporting incentive, which encourages the identification and reporting of the fraudulent
activities to maintain ecosystem integrity. And the last 20% will be the team allocation share,
which ensure the team has the necessary resources to continue developing, maintaining, and growing
the project. Is that clear?
That is so much clearer than anything I've heard from your team so far. And correct me if I'm wrong,
community, but that at least helps give a general insight that, hey, you're not taking 75% of this
and it's going into your pocket. You've got at least some plans of where they're going. Of course,
we're going to have more questions on the details of what does 20% of marketing mean?
What does 10% of reporting of fraud mean?
And what have you guys done with that?
But at least hearing that this is being allocated to some specific line items, or I shouldn't say specific high level line items, is great.
Like that's already better than what we were expecting
and why I go back to the original point of you guys have to talk to this community. You know,
breaking balls, I know you had some thoughts here and Pauly TV as well. Anything that you guys have
on this topic of allocation spend before I go into some of these final ones here,
and then Carbon Larity will give you a break and go on to the next team in a few minutes.
I'll let Paulie.
I don't know if Paulie's in the case.
I think he is.
Does he have his case going?
Paulie, if you don't go off mute, I'll just assume.
I'm waiting to get brought in right now.
But, you know, I think the transparency
of understanding where these allocations go is certainly something that's a hot topic for the community because it just, I think it feels like the most obvious thing to try and understand as a community member when trying to decide if these DApps are on the up and up and are really trying to provide something good and productive and something worth supporting.
So, yeah, it's great to hear this breakdown.
I think, you know, obviously those of us that aren't in the know, it's difficult for us to kind of wrap our brains around these things about like the costs involved and the business aspect where, you know, marketing is part of this, right?
So just kind of hearing the team explain it is a great move in the right direction.
And if we can, you know, down the road, if people want to understand it more,
at least we have questions that we can ask to follow it up and get more clarity.
So I appreciate hearing Carbon Laherty break it down and we can go from
there. I think that's where I'm at. I think Carbon Larity, what would be great as another
action for your team is it sounds like one is to look at a community manager and just look at new
communication initiatives with the community. But two, you guys should look at going on PolyTV's
space and maybe doing a section where you can talk about, hey, this is the breakdown of our allocation.
Let's do an AMA on it.
You guys can share some more information on it.
Help us get an understanding of where you're spending your resources and continue to build this trust.
I think now is a good time to capitalize it.
So that's an ask I have of you guys to chat with him and coordinate.
I know the community would really appreciate it.
Yes, you're right.
Sorry to make more work for you, Pauly.
Breaking balls, Scott.
I'll just jump in here and say, yeah, I want to, you know,
you know, echo the same thought that it's either a good positive first steps
and, you know,
hopefully we can at least have someone we can chat with on the regular to see how things are going.
You know, you listed all these, like, little pockets
of where allocations are going.
That sounds like you're organized.
But, you know, for a lot of people,
they don't really exactly know what that means.
And, you know, a lot of community members here are,
we're a very diligent and smart community.
We, you know, we also talk with a lot of community members here are we're very diligent and smart community. We also talk with a lot of DApps, so we know all the apps are going
through the same thing that we are in one way or another.
So, you know, we understand how much things could cost.
So we just hope that we just want to see working products that are on the DAO,
working things. And, you know, from my understanding, you guys have been around for a very long time.
So to me, it's just concerning that we're having this conversation now when you've
been like kind of one of the first ones around.
And the more DFs that come onto this now that are not communicating, that aren't delivering
what they promise, are hurting all the other DFs that are doing all that that aren't delivering what they promise are hurting all the other
DFs that are doing all that stuff.
So I'm very defensive to those folks because I know how hard they're working.
So I don't mean to be rude or anything.
It's just when we don't get communicated to and I see people like NFCC, Critter and
Thru, they're working so hard to fight some of these things, and they're the most transparent group out there.
It's the thing.
And the fact that we don't have any power to get you to do things
because you are endorsed by a big node, it's a bit tough.
So this is all we can do, and I hope that you do take each credit system as positive
and that you can, you know,
learn some sort of relationship as a community with you
to see the success.
Because that's what we all want.
Exactly.
And you guys even taking the first step to come here
shows a lot.
You know, I forgot to announce it early on,
but community, we asked a bunch of teams to come here. There was a couple teams that are definitely in the spotlight right now that, quote unquote, said they were unavailable, you know, to join vStation and vSwap. I know a lot of you were looking to talk to both of them. But hopefully we can get them on a future space because this is the first step is just to have this conversation. You're seeing what Carbon Larity is already able to accomplish and just opening up a dialogue.
And so Carbon Larity, I do want to go to the last question right after Polly,
and then we'll let you have some final thoughts.
So Polly, anything to add here?
Yeah, no, sorry.
I just wanted to say because I'm getting ready to go back in.
But I know it's tricky with time slots for people.
You know, we what a global community.
So anyone that does want to join one of our spaces, we have two in the week.
So 8 p.m. on Wednesday nights as well.
That might be easier for some of our friends out east.
So I'm trying my best to accommodate whatever time zones we can.
So if anyone wants to reach out, just know that we can be a little flexible, right?
So I just wanted to throw that out there for anybody
because I won't be able to respond
for the rest of the show.
So, but appreciate you, Connor and Jake
and everybody up here.
As always, Pauly, go get a man,
go convict somebody or not convict somebody,
whatever is supposed to be the right decision
and don't fuck it up.
Anyway, before we go to the next
topic we did have a new speaker come up so i want to get to him crypto in my veins what a great name
crypto in my veins welcome to the stage any questions or comments on this topic here
yeah thank you very much for having me up hey vechain used to follow my old account i've been
holding vechain since 2017 uh used to follow me i had. I've been holding V-Chain since 2017.
It used to follow me.
I had to start a new account.
I had some tech issues and I couldn't get any help.
So I just had to start over.
But man, join my following and follow my new account if you would.
It helped me out.
I'm building up my core back up.
my core back up and,
And, you know, I'm just trying to do what I can to push forward.
you know,
I'm just trying to do what I can to push forward.
my question for you,
V chain is when,
when Coinbase,
when are we going to get a big listing?
I thought you might be a little late there as an OG.
well,
that's been on Coinbase for some time now.
I just gave you a shout.
I just give you a follow by the way. I remember your account. Hey, man. Uh, you can, you can do it on Coinbase for some time now. I just gave you a shout. I just gave you a follow, by the way.
I remember your account.
Hey, man.
Yeah, you can do it on Coinbase now.
Don't worry.
Vets on Coinbase.
I didn't know that.
How awesome is that, Jake?
We did use to ask that on every space for a reason.
It turns out it was actually valuable.
Wait.
No, I thought he was talking about better.
No, no.
I think he's talking about VeChain.
Are you talking about better? I can't tell I think he's talking about VeChain. Are you talking about better?
I can't tell if he's doing me.
Both, honestly.
I'd like to see both on Coinbase.
No, of course.
I mean, obviously that's the goal for any token
that wants to have that mainstream access.
Yeah, can't comment on that.
But actually, did you know,
Bybit has more volume than Coinbase,
especially in a higher volume.
But I realize there is access issues issues i'm in the uk and i i can't actually go on the platform and same the
us so of course we've got some more exchanges already signed they'll be coming to uh the public
for soon and of course yeah continuing to work on on the big guys crypto in my veins i think you
just reminded the whole community we get to ask when coinbase again
because we haven't been asking that and i'm realizing holy shit we can't ask this again
so crypto in my veins thank you for bringing this up when robin hood then let's change it up when
robin hood that's a good show you know one of our uh senior team used to like that so oh shit that
seems like some alpha well crypto in my veins
thank you for that we still have some few questions here and yes group Sean in the
comments you're so right the answer should always just be Thursday um anyway let's go to a question
I'm getting dms about from one of the legends actually on stage right now so I'll let him
ask it because you have the same question as stoic and reheat so feel free to ask it
v sagas that's to you yeah um okay well i'll try to word this the best i can without being
mean or anything like that um so my concern is that your devices um as you as we can tell so far,
are electrical devices that will be plugged into your home,
and then obviously they're connecting to the internet
so that you can collect data.
And you're also putting AI in these devices
in multiple places in people's homes.
How can we know that this is a secure data transmission?
And what are you doing with all the data that could be possibly collected by the AI in these devices?
Yes.
So the plot collects real-time and historical energy usage data, and we're training AI
agents to use those data to optimize home energy usage, the predict consumption patterns,
and help reduce the electricity bills and emissions. So for the data security, the user data is encrypted and stored securely.
Access is limited to authorize the system for analytics and AI training purpose with
strict privacy protocols. And we're also expanding our decentralized node network
to enhance traceability, data ownership, and platform security.
So which country would this data be being stored?
And also, how do we know that the device isn't collecting other data as well
and creating a model of data based off of that.
And that isn't the real purpose of why
you're building these devices and putting them
in everyone's homes.
First of all, if we are trying to collect some type of data,
we need to get the permission from the users.
And for the data storage,
it should be on the Amazon server.
Cool.
It's just one of these things where we know
that there's hacking going on with, you know, like just a USB cable.
And most of like even just a LED light string is trying to connect to your internet without really your permission.
It just does it.
Same with your stove, all these things.
And we know that there's corporate data mining that is used for sale.
This is an obvious reason for having these kinds of devices.
So it's a clear security breach within a house if the AI is collecting more than just what you're saying.
Which it can basically learn habits.
It can learn everything about the person inside the home.
And then that data becomes valuable to corporations that would like to know
what people are doing in their homes.
Well,
sorry to turn this off topic,
but we're getting like 15 people saying,
Oh my God,
rumor about Coinbase, when better.
Sorry, Jake.
But CarbonLarity, anything to add there on this topic?
And like I said, this will be your final question.
We appreciate you guys coming up and playing 20 questions with us because it wasn't easy.
I'll pass the concerns to the co-founders.
And if you want, we can arrange another SpaceX to communicate about those data security,
I think.
I think that would be great.
Yeah, I think it sounds like the two top, there's a few actions for your team if I'm
going to summarize them and then we'll go to the next one. The first one is look at some instant communication initiatives that you guys can take when it comes
to talking to the community about what you're doing, resolving issues in Telegram, and responding
to some of the real ones, not quite just the FUD, about what's going on with your product.
Because it sounds like you mentioned just to start the space, they're shipping later this month.
That's one of the biggest questions.
And I think that you're resolving a lot of FUD instantly knowing that that's happening.
The second part is definitely look into hiring a V-chain community manager.
Somebody who can help you articulate your mission to all of the people here that care about it.
As you can see, there's a lot of people speaking and listening here that
do give a shit. Otherwise, they wouldn't be listening to you guys talk. And so you've got
an audience that wants to root for you. Give them a reason. Otherwise, unfortunately, you're going
to have them throw pitchfork up and say, get the hell out of here because we want people here that
are going to do shit right. And they have every single right to. The other thing is, you know,
look at joining these spaces here to talk specifically about your plans for your allocation and breakdown of the spending,
as well as your plans for security when it comes to not only internal and keeping community data safe,
but also preventing farmers from accessing your solution and safeguards there.
But team, I know we threw a lot at you guys.
And I just have to say thank you for even coming up here and joining the discussion.
Because as you guys heard, some teams refused to do it.
And you all stood tall.
You were open to some of this feedback.
And I think that speaks volumes.
Now, let's see you guys take some action here and continue to build this trust.
But Carbon Larity, any final words from you?
Otherwise, we'll let you take a deep breath.
I know it's late for you
and you can take all of this back to your co-founders.
Yeah.
Actually, I did not prepare for my last word,
but again, thanks for letting me join this event and giving me the opportunity to communicate with the community.
Thank you for hosting this AMA event.
Hey, thank you.
Let's get some hearts and applause in the chat for the team coming up here and taking on some of these hard questions. Appreciate it. We're looking forward to more of these Carbon Larity team.
Well, let's give you that deep breath and let's go to our next team. We're going to head over and we're going to talk to the Oily crew. We've got Shilk Collins and Italian Stallion on stage. And as you've heard, they've already started some of these conversations with the community.
And so, Oily, we'll kind of set the stage with you as well, like we did with Carbon Larity.
Why are we here today?
You know, not every team is on stage with us talking about this, having this type of discussion.
But you guys are.
So tell us a little bit about why we're chatting with you.
Hey, hello, Connor.
Can you hear me?
We got you loud and clear, Shil.
Yeah, actually, I'm in a very loud place.
So if at any time it gets noisy or I break connection,
Giuseppe is here to cover up as well for me
and for our team.
Look, we are here because of a mess up from our
team so basically as uh the community must know at this stage uh we made a huge mistake of uh
mislabeling the withdrawals from from the reward pool and here we are trying to clarify everything
we did it already weeks ago but it seems that there are still
questions to be answered, and we are here to answer any question.
So let's dive into that. You said you mislabeled some things. Can we, you know, get a better
understanding of what that means? Like, was this spend supposed to be going to the community and
went to something else? If it went to something else, you know, what was that initiative?
went to something else? If it went to something else, you know, what was that initiative?
So it's important to have an historical background. So we are one of the early DApps that joined the
DAO when we went to mainnet, okay? And at that time, as many of us remember, the rewards
withdrawal would be manual, okay? there would be sustainability or anything like
that or you know automatic reward distribution um and what's happening is that we have been doing
that uh manual withdrawal from the the very beginning uh and the team member that has been
doing that most of the times not 100 of the, but a large majority of those times kept doing it.
And, you know, I don't know.
I think he didn't use the common sense and good judgment,
and he ended up using the same withdrawal reason that would be rewarded
distribution when, in fact, should have been labeled as team allocation.
Gotcha. I think that makes a lot of sense. And I appreciate you guys, you know, owning that and
kind of saying, absolutely, this was a mistake. And you've mentioned that you've talked to the
community and you've been, you know, making some fixes to kind of build that trust again.
Can you tell us a little bit about what you've been doing since that discussion happened?
Because it's been a few weeks now.
Absolutely.
What we have been doing, basically,
we are withdrawing, labeling properly.
And in addition, since this situation is still not cleared out,
we haven't spent a single beta token
for anything else than reward distribution?
I think that's great to hear.
I'm very, very happy that you guys were able to not only take an action
to start communicating with the team, but prove trust by saying,
no, no, no, we're not doing anything else unless giving you guys rewards.
Now, I know you guys talked a little bit in some of these previous spaces about this VC funding, you know, and trying
to secure capital that made a decision. Can you tell me a little bit more about, you know, what
that is, what happened with that conversation? And we'll start there. Yeah, so this is an equity VC-funded opportunity that we have been working since summer last year.
We signed our term sheet back in November, and we have been waiting for funding since then.
It has been committed multiple times.
multiple times.
You know,
compliance requirements
and some challenges
locally in UAE
have delayed that funding
from the VC side of things.
Okay.
It's,
once again,
it's an equity investment
on UCO network
that oil is part of,
obviously, as well.
And the good news is that
tomorrow. So I'm crossing my fingers. Whoa, obviously, as well. And the good news is that tomorrow.
So I'm crossing my fingers.
Whoa, whoa, whoa, whoa.
What do you mean tomorrow?
So this funding has been delayed, you know, every single month.
We have been waiting for this since December, okay?
And has been delayed due to compliance, AML, and stuff like that from the VC side.
So the fact is that the fundings have not reached to us so far.
The good news, and I hope I'm not jinxing it for saying it out loud publicly here today,
but on Monday we got the information that now the VC is ready and we should expect the funding to finally reach us within the next 24 to 48 hours.
So the first 24 are past. The second 48, it will be tomorrow.
Yeah, so they have been proactively reaching out to us.
We have not chasing. We haven't chased.
So we got this news.
Today we have been asked for the bank account number.
So finger crossed, guys.
I hope I won't have jinxed for saying out loud.
But tomorrow, our funding issue in what regards UCO network will be sorted, hopefully.
And we'll be able to go to market as we have been waiting for for many months now and i mean with the
uco collection app it's an enterprise a b2b solution that we have developed already a long
time ago but the good news and the best news and i believe the community wants to hear from this
is with this funding we can start delivering on a commitment that we delivered to this community weeks ago.
We will initiate a buyback program for BETA so that we can, you know, make it fair and make it up.
We will never make it up because there are intangible values here that cannot be restored with money.
But hopefully we'll be able to start doing the right thing because it's one
important thing that we haven't mentioned here what i haven't mentioned that is very important
to us the at a certain stage use your network and oily was the biggest oily holder of better token
and that was our plan our plan was to keep accumulating better tokens so that we can have more incentives and more rewards to the meat of the app.
And the meat of the app is actually the actionable actions, sorry for being redundant here, that we are asking the communities to take.
And that would be, you know, helping us to find uncollected oil and helping us to collect the home produced or household produced used cooking oil.
Unfortunately, this funding brought us to a crossroads.
The start liquidating better to stay afloat while the funding should reach to us or we should stop operations.
Our leadership team, of which I'm part, I'm the CEO and founder, we decided for the first
to liquidate, you know, but we messed up.
We messed up with the labeling and here we are today.
So let's talk a little bit about why we need that funding for your team. Because,
you know, I think that was one of the big questions the community had. And one, it sucks that you guys
were delayed since December. That can kill startups. So I'm very familiar with the chaos
when it comes to fundraising and having shit come in on time. So I'm sorry that you guys are
going through that. But at the same time, it sounds like you guys are unfortunately putting
a lot of eggs in one basket. And so can you tell us a little bit about what happens if,
unfortunately, tomorrow's good news doesn't come for another six months? What happens then?
What happens if Oily and UCO is not able to secure VC funding in the short term?
Look, we took a very important measure that was to, you know, allocate resources exclusively to Oili.
with a downsize of the team that we had
and with the termination of a contract that we had
with a service provider that was taking more than 50%
of our monthly and annually budget.
Today we are operating in a more streamlined and lean fashion.
To protect OILI and its community of users
and this community in general from any dependency from the funding, today Oili is operating independently, being part of UCO network, obviously, but it has been, how do I say this? technical team members that are working exclusively on OILI and we allocated the
computing power from Amazon just for OILI. So the costs of maintaining this infrastructure came
down to single digits and today we know that we can run OILI independently regardless of the funding or any other type of revenue stream without having to worry about those matters of having funding available for UCO network.
I must say that we can run OILI today on 5k to 6k monthly cost.
So that will be independent of the funding
and of UCO network.
Our main intent, and that's why oil is very important to us,
is we are trying to map where is oil,
oil that is used cooking oil that is not being collected.
And that's where this community plays a very pivotal role
because number one, it's already large community.
Number two is growing community.
And we need that community engagement to, you know, to have a more compelling story to our enterprise users.
In other words, what I'm trying to say here is one thing is you are approaching a collection company with a great awesome software and tell them how good they can
improve their business and collect more oil and optimize and blah blah blah another thing is to
come with that plus letting them know that in their town in their city there are let's say 10
tons of used cooking oil that they don't know where that oil is that is currently being dumped into nature and sewage systems.
And basically, by adopting our enterprise solution with the power and support of the community,
we can also offer more collection opportunities to those enterprise users.
And that's definitely something that they are very interested in.
very interested in and that's how oil is very critical and important to us since we don't have
And that's how oil is very critical and important to us.
a token yet okay obviously having a better token as a reward it's a must-have so that we can have
this community engagement and participation to help us to achieve the goal of mapping where is
oil to be collected not sure if i answer your question, if I didn't, please. No, I think that helps a lot. I mean, I think it's great to hear that I know your previous run rate was about 5,
if not 10x what you guys are at today. So to hear that you guys were able to bring that down to 5,
6k a month is huge. And again, goes back to you guys listening to the community and taking action
quickly. Obviously, looking back, it probably didn't make sense to be there. But I understand we were depending on a
third party thinking things were going to happen. And just unfortunately, the plan fell through.
And I appreciate you guys owning it and chatting with the community about it. But I know we have,
you know, one community member that actually sent in a bunch of the questions. And we have them on
stage here, breaking balls. You know,
do we want to kind of dive into some of your questions here, breaking balls?
And of course, feel free to lead off with one of them specifically,
whichever one, cause all of them are related to this.
Yeah, no, I feel like I'm getting some information,
but I would like some clarity. Um,
the first question is you're saying now you guys can be independently ran
um so from that aspect under the document that you sent to a good portion of people that you said
your overhead is about six six k usd weekly no weekly or monthly? Monthly. Okay. Now, is that, that's when you say you're independent, the 6K USD you're saying, is that being funded by either the VC where you're trying to get, or is that going to be from the UCO network?
what i'm saying what what i'm saying is with funding uh we will allocate 100 of the rewards
to the community okay so we don't need to liquidate tokens to fund ourselves to pay oilies
cloud computing or the staff salaries or marketing or anything like that. So with funding that is sorted,
we will keep running our business with that funding.
Assuming that, let's say that something goes wrong and unfortunately this week we don't have
what we are expecting to have.
What I'm saying is that those 6K
are what we know that is enough
to pay for the cloud services
that we are using to store some of the,
or to use some of the computing power of AWS,
and V2, okay?
And V2 expenditure or expenses are not negligible anymore,
at least to us, okay?
And also to pay for the salary of the two staff members that are
exclusively allocated to EILEE.
Okay, so you're saying
the dependency of
you guys being
truly independent where you can give us
100% of the allocation
is all dependent on the VC
backing. So if that doesn't happen
then it's quite possible
if you guys do get
re-endorsed that you will have to use some of the better allocation towards your monthly.
And $6,000 a month right now, because better is valued so low, $6,000 a month right now,
USD would be around $15,000 better a week. Now, we never know where things are going to go with the price of this,
but currently that's 15K of better a week. And since there's way more DApps on the Dow now,
you'd be lucky if you're getting 30, 35, 40, if you're lucky. A lot of guys are getting less than
that. So I think that's just an important thing to think about as you're trying to get back on um and that's i mean i don't know if you have a response to that but i
mean i wish you guys the best i want you guys to get vc funding because um you know another question
i have is how far until you guys are like you know a lot of the criticisms you guys got just as a d
app in general is it's an endless loop just quiz quiz, quiz, quiz, XP, XP, XP, no reward, no reward.
And I guess I understand where you were coming from earlier.
You said you wanted to build it up just so when you can use it, when the mapping would actually happen.
But when does the mapping actually, when is that product actually going to be ready for people to use?
The mapping is ready.
The mapping is absolutely ready.
We have a small number of users that have been trying to use it.
We have been facing some technical challenges in the background, also correlated with the
fact that the farmers and the exploiters try to take advantage every single time that
they find something new, they try to take advantage.
And in that sense, what I can tell you
is we are already working on the V3.
We are also looking with loads of attention
to the good work that some of the apps have been doing
in terms of trying to prevent
and we are uh we are very interested to explore uh solutions like the vet domains
as a form of uh you know safeguarding the app for from exploitation um and even kyc
even though we don't like KYC
because we believe that this also goes against the ethos
of the Web3 and blockchain, but we are exploring on that.
But answering your question, the first answer is
the map to earn is functional.
I would invite anyone that wants to participate and test it out to reach out.
DM, please, or use your network or myself.
The V2, it's still not good in terms of fraud prevention and exploitation prevention.
There are filters already in place, but we still don't see them
effective. We are considering also using some sort of referral code. When the community member
is vetted and vouched by the community, he can then invite his community friends or anyone to join through that referral. But just to make it clear, the map and earn is working.
Connor said something that actually was inspiring a few minutes ago.
We have been struggling also with some manual validations that are required.
And a part of the solution can come from the community itself.
And the idea that I'm referring is we might reach out to the community for jobs.
So we might need the community help to help us to, you know,
remove that backlog and try to optimize some of the process that we have in the background,
what regards validation of the data that the users are sending to us.
And most likely, in a short time frame, we will reach out to the community with opportunities
to collaborate and work with us, obviously, with some sort of reward or compensation, not for free.
But we definitely need also that manpower and those resources available.
And that's something that we will definitely consider very, very seriously.
I'm glad to hear this.
Yeah, Breaking, anything to add?
Just, yeah, no, this is all great.
And I wish you guys the best of luck.
You know, just a couple things.
I know you just said, reward to, review to reward or whatever, review to earn.
You know, just for all these DApps out here, it sounds like a really great idea,
getting the VeChain community involved.
But like everything else, when money money's involved there's going to be
bad actors everywhere whether you're a d-app whether you're a regular farmer or even some
people that you might think are are solid and that are reviewing things um you know i don't know if
you guys there's an ex just saw it happen with a community member yeah there was a community member
that just got in in trouble who got found out that he was doing some very suspicious and not so great things with a mod status.
Fortunately, it got taken care of.
And so, you know, just keep that in mind.
It sucks that, you know, we have to say that.
You know, we have to say that.
It sucks that, you know, that's just the reality of where we're at, you know.
And just in closing, you know, just expressing a lot of feelings from a lot of people I've been talking to.
And I know this isn't an easy thing to do.
We would hope that before you ask for re-endorsement or start, you know, start coming back,
if you do get this VC money as a sign of good faith to show us that you, that you've made some sort of debt in this allocation that got pulled,
we're not asking for the whole thing.
We're just asking for a sign of good faith,
positive steps because right now it all sounds great and,
but they're just words.
So I know a lot of community members,
you might not ever get their trust back,
but for some others doing something like that,
even if it's just a percentage,
just to be like hey
here it is here this is our first installment of you know buying back the allocation that we
mistakenly you know took or you know whatever happened so i'll end with that
the mistake was the labeling okay the mistake was the labeling uh we never planned to liquidate better to the levels that we had to liquidate keep
in mind that we still have 150 000 roughly okay so we haven't liquidated anything besides everything
that we have liquidated okay so that was not the plan and even before the the community asked for
anything we came forward with that intent. And obviously,
not wishing bad to better, actually,
wish the best, but if possible, from
this week onwards. Because if we
get the funding, trust me, we'll buy it
immediately, especially
because it's very cheap.
You better hurry up, it looks like it's pumping.
Yeah, now's the time.
Yeah, but I wish I could have the key to the safe
of the vc uh but we are depending on them uh wish us luck we are expecting good news tomorrow
keep us posted i would even i would even breathe deeper and say okay if it's not tomorrow this week, once and for all sorted, okay.
And man, we will happily buy the token back
because as I say, there's a huge, tremendous potential
and we need to do the right thing is to bring it back
to the wallet and to the treasury
and later into the community as we want to.
Well, thank you, Shil.
One thing-
Go ahead. Yeah. Yeah, just you, Shil. One thing. Go ahead.
Yeah, just let me add something,
because, you know,
beaten, but we are not dead, okay?
So the team is still, you know,
motivated and still, you know,
excited by all the news,
good news that are coming from Vibera Dao.
And it's good to see that now
nine months later you see the the community way more active engaged involved starting by the x
nodes and it's refreshing to see that to see that that criticism nine months ago about what the hell
are you doing the chain we better though that scrap blah blah blah that everyone is buying now
and and see how good this idea and how the free the free how different this uh ecosystem is from
the the rest uh and um one of the the the goals that we have for for for oily and it's already
implemented you can check it oil is uh purposely designed to be a pollinization, the app for Viberdao and for the ecosystem.
What do I mean to say with this? Look, sustainability is already a niche. It's big, but still a niche.
OK, but if we look in our specific activities and I'm referring to the specifics of used cooking oil it's even more
of a niche okay so during our strategy planning we identified that would be critically important
to connect with the chain community but that would not be enough. And we understand that across other chains,
across other ecosystems, there are still, you know,
over there you can still find people that are, you know,
they care about sustainability, they care about the environment,
they care about recycling that oil that they produce at their homes.
So we design oil in a way that we are looking to onboard other ecosystem users into VBerDAO.
How are we doing this?
We are doing this by promoting and, you know,
polonizing across other chains. And currently we are on XTC and ready to launch
on ICP. We haven't done it by obvious reasons.
We want to do it with a splash, with a big bang from a marketing point of view,
and we don't have the resources to do it right now.
But XTC is already live and ICP is ready. It's not live.
But if you have an ICP wallet, you can connect. This is just to say what. We are looking to
connect to these users, invite them to come and get the rewards from EILEE. And we are onboarding
them through the learn to earn. And this is a challenge and an invitation and a ask for a collaboration to the other the
apps we also want to educate the users the oily users for all the remaining apps or the apps that
are available on the vera down basically the thought process is very simple so you are coming
from icp to oily to get better tokens and get money.
But look, now that you are here, look, you have 20 plus, almost 30 plus
the apps that are doing something similar.
Ultimately, they are doing the same.
They are rewarding users for their X to earn actions, sustainable actions.
How about you connect and get more rewards from the remaining DApps?
And at that stage, we direct the user to the VWorld wallet and everything follows from there.
This is just to say what.
This is an ask for collaboration.
Any DApp that wants to join forces and help us to educate our Oily users about their own DApp.
Please rebuild a few challenges around your DApp
and send those users from other systems or ecosystems
to be bettered out. So we have this plan.
We are ready to do it.
I leave this open here, a call for collaboration.
If any of the apps out there are interested, reach out.
We want definitely to work with you.
Shil, we really appreciate you and the crew coming up on stage.
I know Italian Stallion has been answering questions behind the scenes. You two working together as a team to talk about what is going on with your
situation, how you're looking to resolve it. I know the community really appreciates it, and I know that
you're talking about a lot of things that you're getting ready to do, but we've been talking for
a month and you've already taken some actions. It's not going to be a quick road to recovery to restore this trust.
It's going to be a long one, but you guys are taking the first steps the right way.
And it's definitely not going unnoticed.
So keep heading this direction.
Let us know how tomorrow or later this week goes with the VC funding.
Keep, you know, your word about throwing some money back into, you know, better and continue to lead with action.
But we thank you for coming up on stage today and letting us play 20 questions with you.
Any, of course, final things before we move on to our final team?
Absolutely. We thank you.
Not only you, Conor, but the foundation and the entire community.
Just one note that must be known
for many but probably for not everyone we have not been around v chain for uh nine months okay
so keep in mind that we have been working and we are grateful for that with VeChain and the Foundation for, I would say, two and a half years.
So we have been in the first hive. We have been in Vegas. We have been in San Francisco.
We have been working with the Foundation for many, many, many months, years.
So we are not completely unknown to the community.
unknown to the community uh and uh you know we are here to keep our our words and to deliver
a bit or return to the community a bit of what we have been receiving and hopefully time will prove
us true well team we're rooting for you we want to see you guys turn it around let's get some
applause and hearts in the chat for this crew.
You know, Italian Stallion, any final words from you before we wrap up this section and get ready to move over to Viva?
Yeah, yeah. Real quick, I just wanted to add, you know, look, I appreciate the fact that you guys give us the chance to come up and, you know, with how fast things move on Twitter and just the Internet in general these days, a rumor can start.
People see the allegations. They believe the allegations.
And then the response to it gets kind of left behind, you know.
So I'm really happy that we're able to come up and, you know, refute a lot of those things because I've been noticing, look, we have a lack of communication in our telegram and I had to take a break for a while. So I do take some of the responsibility on
that, that I wasn't able to be quite as active, keeping up with everything. The farmers that
flood our DMs and our channel with bogus issues really makes it difficult, as I'm sure a lot of
the other dAppsaps know to find the real
users and make sure that they're being prioritized and taken care of and I just want to say for all
those who are out there well I've seen your messages in the telegram and it was said things
of like you know oily's a scam you guys did this you did that I've been trying to respond to each
one of you and make sure you understand you know here's documentation you can read it for yourself
we're not going to force you to believe us.
You can see our actions and you can kind of go from there.
But, you know, it's just I get it.
There's a lot of stuff that happens in this space and crypto is very dodgy in general.
So like you said before, these are just words we want to be able to prove to with our actions.
And we've taken immediate and swift action.
Just want to have a quick recap.
You know, when these allegations came out, even myself would have taken a break.
Oh, Oily hasn't given out, you know, 95% of the rewards. They kept it all for themselves. On its surface, that would sound like, oh, wow, these guys took the better and they just
left when clearly we've been able to demonstrate that's not the case. Anything that we've used
is going strictly to operational costs, paying the developers, all that kind of stuff. So
we just want to make sure, again, that that's very clear that people understand because again when the allegations first come out sounds very scary very bad and then
when you get through the nitty-gritty it's misallocating you know miss miss uh labeling
but nothing was taken i just want people to understand that because i keep seeing that and it
it rubs me the wrong way when i say you guys are a scam, because that would imply that there's no working product.
We have nothing. You know, we put a lot of time into this.
And many of us, we're not paying ourselves directly, you know, like it's strictly going to the operational costs.
So I'm sure as a lot of you guys know, it's difficult in the farmers.
It's a big issue. So I one of the last spaces with Paul, you guys were talking about an XP method.
And we did actually implement something like that to go through and try to sort out different ways to reward people.
It's obviously come with its own challenges.
But I just wanted to mention because I wasn't able to jump on that last time.
If anyone does want to discuss, any of the DMs want to discuss trying to implement like an XP system, our DMs are obviously always open. We can kind of share some of the difficulties we had
and then some of the advantages that it does come with
to try and sort through.
Because again, manually reviewing all that,
I think, you know,
Shill can probably get a better explanation,
but there's millions of XP that we have
that are all due to farmers.
And it's been extremely difficult
to sort through all that.
And again, make sure it's all, you know,
where it should be for everybody.
And I think it is a serious problem that the Dow has that we really have to find a way to not discourage but stop the farmers from having such an easy way.
And especially for the newer deaths, I couldn't imagine what it would be like to come on, not really have an idea of what would happen, and then get under attack.
And once you get so far behind, it is really difficult to ahead of the farmers and and the exploiters trying to find it and like
she said they all they're always almost one step ahead so maybe again i know we've talked about
having like the community kind of step in and help i think that'd be really cool because
it would take a load off for a lot of these dabs and it would just show that like we're all here
together right and again i just want people to understand we're here. We'll take all these hard questions. We want to make sure
that you guys know that we are here to answer and we do hear and see, right. It may be difficult for
us to get to every single person. And just this morning, I was going back and forth with someone
in the telegram who said they had some issues. They were calling us a scam. But at the end of
the day, once we had kind of, I gave him my side of things, I turned him
into a supporter and we're going to get him helped out. So that's what I want to see, right? If you
have a problem, I would much rather have a debate with you back and forth. And again, not try to
pull you to our side, but at least let you see our side of things. And then from there, if we're
able to help you and move on, I would love to do that because look, we're all here together. We
want you guys to see like we've been, you know, as she'll say,
we've been coming and supporting V-Chain before the DAO was ever even an idea.
We just really love the V-Chain ecosystem. And again, the community,
you guys are very supportive and it's really cool to see the amount of,
I'm not going to swear, but how much you guys care. Okay.
You guys care so much to be putting this much effort into rooting out the bad
actors, finding, you know,
mistakes, this kind of stuff. And it's just really cool because like we said before, when this first
kind of came out, there was a lot of pushback I felt from the community that didn't really
understand why we were doing the DAO, what it brings. And now you see, I mean, it's at the UFC
center stage, you know, we're in front of millions of new people. And it's so cool because even in my
neighborhood, and I want to shout out a scoop up for a minute, I've been using that so much, such a good idea. And I've been telling
people in my neighborhood to try and use it now. Again, these are just regular people. They may or
may not use it, but we got a lot of dogs in the area. So it's like, just from that one little
interaction I had with a couple of my neighbors, it might bring a few new people who, again,
can start bringing their friends. And I think we have a really good opportunity to grow the ecosystem
from, what, 25, 30 dApps to we have a really good chance of hitting 100 by the end of the year.
Now, of course, it's another discussion of do we have quantity over quality?
I think it'll weed itself out, right? That's kind of the whole point of this, where we're going to
find out that the cream will rise to the top. So again, I don't want to ramble much longer,
but I just kind of wanted to say my piece and get a few things off my chest. So I really appreciate
the space. Connor, thank you. Tallien Stallion, always well said, my man. I appreciate it. And I
encourage anybody from the community to go talk to this guy. You can hear it in his voice here.
I've had plenty of conversations and so have others. This is a genuine dude who is not afraid of discussion and he welcomes it. So go take
advantage. Another dude that's not afraid of discussion and is finally joining us here who
loves Dows more than anybody I know is on stage with us. Chud, how we doing my man?
Hey, sorry. My throat's kind of fucked.
Oh, you sound pretty cool though you sound like a
like a super villain yeah i guess so um can you send a breakdown of like the operational costs
that you guys spent it on for everybody because i know operational costs can be salaries and
things like that um so i'm just like curious can we can Can we get an actual breakdown of what it was spent
on? Because I understand
helping keeping company afloat and
doing some capital
requests and trying to get some funding.
But...
Sorry.
But can you send that to us?
What do you want to know?
What do you want to know what do you want to know chad what do i want to know i want to know well i just want to know what you spent it on it said
95 percent were operational costs what are the operational costs
it's very simple that's no no it's very simple no it's not it's very simple are a fucking
massive thing for businesses it's very simple it's very simple it's very. Operational costs are a fucking massive thing for businesses. It's very simple. It's very simple. It's very simple. Okay.
We have a team of 12. Okay.
Of which we spend an average, let's say of 25,000.
Okay. We have cloud services and other subscriptions
that they run around, let's say, 10K.
And I'm rounding numbers.
Okay.
And we have external parties that at times would get up to 30,000.
It wouldn't be the average number, but this is the breakdown.
But this is the breakdown.
So let's say 25,000 salaries for a team of 12,
10,000 for infrastructure, subscriptions, cloud,
the storage, all of that stuff, and the external parties.
I thought you downsized from 12.
Do you still have 12?
We have two for Oily, and we have the remaining team working for UCO Network.
What does running independently mean when you said that, then?
That's not financially, it just means you're two dedicated people for Oily?
Yeah, it means that, technically speaking, these two team members are only working on Oily.
How much revenue are you guys generating right now?
Just curious.
We are pre-revenue.
Okay.
Actually, that's why we need this last leg of funding.
We are self-funded, so I can tell you that we used across the last almost two years.
Actually, it's two years this month. We invested, and when I say we, I mean we shareholders of the
company. We invested roughly a million dollars on building Oily, but mostly the collection, the app, the enterprise one,
the trading hub that is already built as an MVP,
obviously has not been brought to anybody because without data, we have no marketplace.
And we also spent developing the IoT sensors
that actually have been developed with V-Tonsberg.
For the people familiar with the V-Chain, they know and understand that V VTonsberg. For the people familiar with the VeChain,
they know and understand that VTonsberg
is also affiliated with VeChain.
That's where we have spent our hard-earned cash until now.
And now we need this funding to go to market.
So to remove any concerns,
what we have, it's a problem, but it's a good problem.
It's a problem of having an MVP that is untested
because simply we couldn't go to market
and find the right partners in terms of size.
We have tested this with small companies,
but we feel that it's still untested.
We have not been rejected or had any significant pushback
or feedback from the small users that utilize the collection,
the app, but we feel that is not tested, and that's what we need.
We need to go to market, partner with a few organizations and bring it to the market.
I must say as well, and I almost forgot something very important and wish us luck again, fingers crossed.
We expect until summer and I'm aiming for June, July to finally bring to public the first, the very first large user of our technology,
that is an oil-producing company in Africa.
Actually, it's state-owned by this country.
And we will have the first success case of having our technology being used by a large player.
And that's where we stand today.
Let's say if we are swimming
in the sea, we are almost
touching with our feet into the sand,
but we haven't touched. So there is this
risk yet.
Okay, so you say you need one more
allocation to help,
but you say you're going to have
June, July. I'm just trying to figure this out.
So you need one more allocation
to try and help you guys out, but what happens
if testing the market doesn't go well?
Is this going to be needed?
So you are referring to
funding allocation, yeah?
Yeah, because, right?
That's kind of the big thing here is it was like 95%.
I don't remember the exact
amount of money breaking balls.
What was it? Like it was millions, almost millions
of dollars taken to help. Yeah, right
So like that's what I'm curious about. No, no, no, no, that's not true, man
Keep in mind that the better was not always at 10 cents. Okay. Keep in mind that better. It was great. Okay
Yeah, yeah, I would love to I would love to okay
But keep in mind that we we started liquidating tokens months ago,
way before the token reached this kind of level.
Obviously, we sold a few in good levels,
but the bulk of it has been also liquidated in less positive times
in terms of price appreciation.
Okay.
And when I say a million dollars, I'm not talking about beta.
I'm talking about our
own cash okay oh i i know i'm just saying everything that was given was free so it's
all profits and it was all good um so that's that's what i'm getting at is if you guys are not
tested in the market we have no revenue um we're hoping until june or july
that you have the state-run oil company from africa that's going to be bringing in stuff
right we have to go by your word right we don't know so i'm just trying to be i'm sounding
like a villain i'm sorry no you're spot on no problem no problem. It's very simple. We have as a community right now a decision on whether or not to help fund your business to keep it alive.
So that's what we're trying to figure out here.
Because at one point, I remember the breakdown.
Someone did all the math to try and figure out what the price was sold, things like that.
Maybe it was off.
But I know it was over a million dollars.
So that's it.
Yeah, but you are wrong.
Chad, sorry, but I cannot accept that.
I wish we had made a million dollars, but we did not.
Far from it.
Okay.
Far from it.
I wish, Chad.
And that, sorry, but that is very revolting for us
because i know that is not true let's do this show now because here's what i'll say i think
that this is a bigger discussion you know this one isn't ending here and obviously you guys have
been having this but i think that chad absolutely has a point and i don't think this is simple
because just from an outside perspective not even related related to the Dow, you know, let's just zoom out and apply this to general business
practice. You know, this is a incubator. This is quite literally an incubator or an investment
vehicle of some kind to fund startups right now. So in order to do that, you know, people are
interested to understand how those startups operate to make the best decision on where their investment is going to return the best ROI.
That ROI being, you know, really reflective of the better token and the growth of the Dow.
And right now you have individuals like Chud who are questioning the operational strength and sound of your startup to understand, should I continue investing in this?
And I think he has every right and same with this community to do that. So when you say it's simple, I understand that,
hey, maybe that might be a jolt response, but I don't think it is. And I think it is a much
deeper conversation because he's so right when it comes to operational cost. I will tell you
startups that I know that are pre-revenue, that are 12 employees deep, launching a 50K burn rate or even 6K burn rate
is fucking crazy unless you have a solution in place that is already got a wait list and
customer demand in the millions or hundreds of thousands. And I'll tell you, that's just best
practice across the board. This is what I do. And so it's one of those things that I encourage you
to apply that logic here and understand that's why you're getting these types of questions.
And, you know, people care this much. And I don't think we're going to talk about it here or, you know, resolve it on this space because we still have to go to Vivo.
And technically, this space is done in five minutes. And so we're going to go over, team.
But I do want to make sure that this conversation does not die here. And so what I would ask is, sorry to go to Polly or somebody else, but within the next two weeks maximum, ideally within the next week, you should go on a space and we should make it structured around this.
Talking about the operational spend of Oily pre this situation and post in hyper detail and come prepared to talk about that
with literally line items. What was shills, you know, in your team's salary spend for here?
What was that actual AWS cost? Did it increase like that type of stuff? And I think that would
make this conversation so much more constructive and help this community get the answers that you
guys have that I know will resolve a lot of this? How does that sound in terms of, you know, a next
step of where we can go? And honestly, the main reason I'm doing it, guys, sorry, is just for the
sake of time. We've got Vivo here for two hours getting ready for this. Hey, I just want to say,
but Chud is spot on. I do not want to take it away from that, Chud. Your fucking questions are so spot on.
Real fast.
Real, real fast.
I'm not trying to accuse you of the million-dollar things.
I'm sorry if that hit.
That's just the image that goes around the community because that's what was posted.
Yes.
So I think what Connor is onto is 100% great because it's going to help you break that image.
So that's just what I want to say on that.
Yeah. All right. I'm sorry. I'm done there. No, you're good. You sound like you've been
smoking 46 cigarettes and I hope you feel better, man. But I know, you know, Shil, again,
you've talked to Shud, you know, this is coming from the best of intentions.
Yeah, definitely. And we have no problems, but we need to be careful with the privacy of our people and our business.
Okay.
so don't expect,
granularity in names.
Yeah.
There's some line items.
100% understand that.
That goes without saying,
I'd say it's more just like a true breakdown of the high level.
You know,
maybe even if you could do it by month,
over like the last six months pre and,
you know,
current state,
that would be huge just to
see how things have changed, progressed, where things are going. But again, you know, I think
that's something that we can dive into in a separate discussion. And honestly, she'll more
than happy to grab time with you offline, you know, even some other community members to say
like, hey, this is what we'd love to see in this space. And kind of get some of those really core asks
from this community on what we would like to see
when it comes to these details.
But would you guys be down for that?
It could be like a quarterly report for stocks, right?
Oh, it totally should.
Income statement, cash flow, all that stuff.
You give that out and you show,
oh my God, that would be beautiful.
We already offered that, man. oh my god that'd be beautiful we already offered that man
the first time that we addressed that i offered the community a quarterly report in foundation
style with a breakdown overall generally speaking yeah i was gonna say if you guys can pull that
back and just update i think that would be a really great step here especially since you
already have it at a high level we could take a look at what you built and then maybe where you're at current state today.
I think that would be a great next action for this.
And we can talk about it on either, you know, an NFBC space, a poly space or the, you know, V-Chain Cafe.
That's fine. We never turn our face to anybody.
Hey, that's why you're here and some stations,
V swap V station are not.
So we really appreciate you guys coming up and even having this discussion because again, it's not easy.
And so we appreciate you guys putting yourselves on stage in front of the
whole community to answer us because you didn't have to,
you could have hit.
And I think you guys showing up here and being open says a lot.
So continue to act. We know that we still have a lot to offer to the community and to VChain.
And we want to be part of it, especially now that we see that the vision and the purpose of
Be Better Thou makes even more sense. That's the main reason. We have been around for a long, long time,
and obviously we feel that we are getting somewhere,
and we are at this stage of risk of losing the opportunity
of working and collaborating and leveraging the community
for a greater purpose that is to prevent rubbish
to reach the nature and capitalize and monetize on it for everybody.
Well, Shil, bring us good news this week.
Let us know that this is the first team that is receiving a pre-seed or siege state investment of some kind.
The VFAM is rooting for you.
We want to see this trust get established and want to see you guys succeed.
So keep talking to us and let's get marching in the same direction.
But team, thank you guys for playing 20 questions
We'll go on to the final crew here before we go to a couple community questions
We might not get to them all just for the sake of time, but Vivo you have been so patient these last two hours
How are you guys doing up here? You know listen to some of the discussion
Hey, uh, yeah
I mean, it's been nice to hear what's been going on in the different projects and get more clarity on that aspect.
I think it's really interesting to hear and learn about how things are going on in the back end.
And I think the space is actually pretty beneficial overall.
Well, I hope so. We've gotten 25 of these in, so hopefully we figured it out by
now, Jake. I mean, we still got a lot of fucking work to do, but damn. But Vivo, this is a big one
because I'll say this community has been talking about you for hell, the inception since the Dow,
wanting to know who you are, wanting to chat about you, wanting to learn more about what your plans
are. And so, you know, I guess kind of like I set the stage with the other teams,
why are you guys here today?
You know, why are you talking to us in this environment, you know,
having this conversation, unlike an NFBC, a better swap, you know,
a Solar Wise, a scoop up who, you know, is not on stage today.
What's going on?
Yeah, so we're mainly here to clear up recent misunderstandings we've seen the community have
and give more visibility into, you know, what we've been working on, show that we're committed to
the long-term value of the ecosystem. And I guess more specifically, we want to clarify how we distribute better rewards and why the transactions and actions look the way they do for wallets.
I think that's a good place to start because the question, honestly, that I get the most that we don't get from a lot of DApps is how the hell does Vivo work?
What is it? How does this even
function? And so let's start there. And what are you guys doing? And how does your solution work
within the DAO? Okay, so I guess I'm just going to get like a broad overview of everything. Okay, so I might go on a little ramble,
but to put everything together,
kind of cover everything.
So basically, to become a Vivo user,
you would need to have one of our wearable devices,
like the ring or band, for example,
and a data NFT. the device tracks your health
metrics and then you can pair the device to a data nft which acts as a means of anonymizing
and tokenizing your health data so that's essentially a very high level core functionality
of vivo you have the wearable device that gets paired to a data NFT, which allows you to tokenize
your health data. The key thing to take away, or I guess take note of
is that the users are only able to pair one device to one data NFT.
This aspect is more relevant to the rewards,
like the better rewards, but I'll touch more on that later.
Once a user has paired the device to a data NFT,
on a weekly basis, they receive a unique health index.
The health index essentially scores the user's health data track during the week
and allows them to see areas that they've done well in or you know could focus more on.
and allows them to see areas that they've done well in, or, you know,
could focus more on.
In addition to this the users also receive better rewards based on their health index score.
Okay so since the health index is calculated on a weekly basis better rewards also happen on a weekly basis.
So this means that all of our users get rewarded on the same day and at around the same time.
And all of the better actions that are recorded are also recorded on the same day at around the same time.
So to put it simply, it's a week's worth of data,
like health data, being recorded by the device,
linked to the data NFT,
and a week's worth of data and those rewards
via the health index,
all being processed on a single day, right?
Because the health index is processed on a weekly basis.
So hopefully that makes a lot more sense
as to why things appear the way they do
and how Vivo works at a high level.
No, that definitely helps.
Anything else that you would add there?
Oh, yeah.
I also want to address, this is kind of related to the distribution.
So we've seen concerns on X recently, how some wallets, like some user wallets of Vivo, receive a lot more better and recorded actions than other wallets.
So essentially at Vivo, we allow users to specify the VeChain wallet that their better rewards will be sent to.
So say, for example, there is like a family of five, right?
They all have our devices.
They all have their own data entities that
are bound to their individual devices uh this would mean they each get their own health index
right and the health index score on a weekly basis but say like only one of the five family members
is actually like truly interested in the defy aspect of it, whereas the others are just interested
in tracking their health. The four others can choose to allocate their better rewards
that they are entitled to via their health index score to the same wallet of the person
who is primarily interested in DeFi so they can manage or do whatever with it. So that's
essentially what's going on.
I'd be curious to tap into that because I feel
like that is a almost built-in farming mechanism and correct me if I'm wrong and feel free to talk
to me about how you guys are preventing that. But what I'm hearing is a user can claim that they're
in a family, let's say a family of four, and they're the only one that wants the rewards and
they're going to use four devices instead of just one to farm the system.
You know, how are you guys preventing that?
And how are you guys knowing that this is actually a family just versus some individual beating the system?
Yeah. So like I said, the better rewards are only distributed based off of the health index score, which is linked to a specific user's device
and their data NFT.
So one user can't have multiple devices,
like one device linked to multiple data NFTs
or multiple accounts.
It doesn't work.
Why not?
Like, why couldn't I have four iPhones sitting here
with four unique iCloud logins,
all logged in,
and then delegate the rewards to one wallet.
How do you guys prevent that?
The device is linked to the data NFT.
Yeah, but I have four unique devices.
Say I have that.
Say you have five Apple Watches.
One guy owns five Apple Watches.
He's wearing them all the time.
Yep. say we have five Apple Watches. One guy owns five Apple Watches. He's wearing them all the time. And I guess in that case, it could be. That would be what I would look for.
I would think that's a very irregular behavior. Of course it is, but I think it's happening.
You're essentially saying, you're suggesting that people would be spending like hundreds of dollars on wearable devices and data NFTs in order to farm maybe like $10 extra better?
I don't think that's...
I think that the issue is that the farming at a consistent rate, you know, if you're doing it in volume, 100% can pay itself off. And I think that
you're seeing that happen in these other dApps, which is why that they're here. And so I don't
think you can say that it's not realistic to do because it's happening. That's why we're having
this conversation is people are seeing signs of that. And I would be very shocked if the majority
of your users that are leveraging that function are actually real users.
And so I'd be curious to hear about safeguard mechanisms you're putting in place to say, oh, you've opted in for delegation.
How are we scanning to see is this fucking real or is this one guy with five Apple watches on his wrist?
Because as much as you say unrealistic, how many of you have seen the videos when Pokemon Go was going around
where people are riding around with a bike that has 50 fucking iPhones on it? And so I promise
you it's happening. And that's why I'm curious, what are you guys doing when it comes to the
safeguards to say, all right, you've opted in for delegation. Here's how we're going to prove that
you are actually a real family. Hi, I would like to contribute.
A couple of things that you guys need to take into consideration.
Because of the Infineon security chip in our individual devices,
we only record and verify data that comes from
individuals that have the device,
and the data comes from the sensors of the device. So one
person would not be able to farm twice with two devices at the same time because that's something
that the system wouldn't allow. So you're saying that if I had four devices... It's in the level of
the device. That's why it's so important for us that the devices are part of the verification of the data, because without that, yes, there could be potential flaws in the system.
But it's in the hardware portion that we don't allow any type of data duplication.
It's always individual.
But that's what I'm curious about.
I understand that you're making it one device, one address. But my concern is what happens when you've got one individual with five unique devices. They pair to your five unique data NFTs and they claim those five unique reward paths to this one wallet through this mechanism that you guys have pushed.
to this one wallet through this mechanism that you guys have pushed.
You know, am I still missing something here?
Yeah, I think you're missing the reason why they do that.
And maybe we didn't explain that well, or we haven't explained it yet.
The majority of our users, the 400,000 people that are using our devices are in Asia.
So they mostly speak Japanese and Taiwanese.
And onboarding on the reward system on VBetterDAO today for them is complicated.
This isn't something that we pushed.
It's something that naturally happened because of the friction in the process of bringing people from Web 2 to Web 3 and the language barrier.
So we don't see that, for example,
in other ways that they manage their accounts
within our own ecosystem
because we have all of the different languages
and native teams interacting with them.
That's something that we are looking to do
for VBetterDAO as well.
So this is a solution or a fix that they did themselves so that they could together enter the V-MetterDAO structure.
What we're doing to prevent that or to fix their wallets, into the app where they use
to do data collection, so that individually each one of them just have to click a couple of buttons
and already be part of the system. So our job is to facilitate that, because unless we do that,
it won't be automatic, and it's always going to continue to be complicated. So we have started development of that, and our expectation is to have it ready in 30 days.
That's the fix that we were working on.
I'd like to get more details on that, and I'm going to go to some of the hands here,
because in transparency, that still doesn't answer this for me.
And I'd love to at least maybe get it in you know, I could look at it a little different.
But, Chud, you know, we'll go to you and then we'll go to you, Johnny, for some other questions here on this topic or anything else.
So when you said you have this chip and the hardware that's preventing that, can you explain what is actually helping prevent that?
Because I'm fascinated into that. Is there something in there
that if I have a device right on top of it, it's just going to say no? Is that how it works? Like,
what is preventing that? It doesn't register any type of data that does not come from a real person
using a real health device. So, I think what Connor is saying is that a real person is using this
and is using a real health device at the same time, in the same place,
doing the same things on top of each other.
And we do see that already on the DA Dow in a very big way.
So I think what he's trying to say is what's actually preventing that?
And you said a chip and the hardware.
So what I'm trying to understand, is there something that's tracking the GPS that's like, hey, on top of that?
You know, like what is actually preventing that?
Because there's even farming factories that are trying to make money off this stuff.
I know people individually who have done certain things with multiple devices to try and farm.
Right.
Like I've run into that as people are trying to break the Dow for fun.
And you can get cheap phones.
You can get cheap.
You don't have to pay
full price for these products you can just buy them off facebook marketplace for like 20 bucks
sometimes you know so i'm just that's i think what connor's trying to get at is
what is the actual thought that is preventing this
you know i think i think we can work on that a lot with a lot more detail to give you everything
you need to know because you will find it fascinating but also these people are spending
300 in a device not necessarily you can buy it off market for like 25 30 bucks i was gonna say
i don't think that that is a proper defense to say that that is your guys' safeguard.
I'm not trying to defend anything because I'll send you all the details.
Can I come in real quick, Connor?
Yes, of course.
We'll go to you right here, but I want to let Mariana finish her point first, and then we'll go to you, Lib.
Mariana, anything to add?
Yeah, all of our information is public, verifiable in the blockchain. I want to make it very easy and visual so that you guys can understand exactly how it works. And I'm sure you We're not just having the interaction with VBetterDAO.
Because of this specific program, we're building an AI
and a life co-pilot system, and all of our core is data.
So I want to show this to you guys so you will see what I see.
Sorry, I just wanted to interject.
Yeah, feel free to jump in here.
Sorry you came off mute.
Just because I think there's a small misunderstanding.
When we're talking about devices, we aren't talking about any health device you can buy off Marketplace.
We manufacture our own devices and sell that.
And that is what is compatible with our blockchain and the data nfts so that's why i was
saying i think it's kind of i mean i guess i understand what you guys are saying but uh also
it's our devices are all priced at like well they're not like super super expensive they're
all like 100 150 dollars you know so to buy like five of them for the sole purpose of farming better i think would be like
negative like incredibly negative ev for a single human uh uh i know you guys say farming is
an issue and i agree uh but i just think in terms of actual profitability of it, better would have to 10x probably for it to become profitable at that point.
Gotcha.
Well, knowing that they have to buy the devices for you with this,
I think is a lot clearer.
Lib, we'll go to you with your question here.
I think going back to Mariana,
if you guys can put that graphic together or that visual,
that would solve a lot of the questions that I personally have and i know others have about this but lib feel free to jump in here and welcome to
the stage my man uh thanks corner um i was actually um just going to push back on the line
of questioning about multiple devices trying to game the viva system. And I may be speaking out of line,
but I, you know, to the prior speaker's point,
well, so holistically, though, we cannot stop farming.
I think we want to begin the conversation from there.
What you can do is try to mitigate.
But more importantly, though, we are so early stage.
I mean, some of what will require a DApp to be in a position where they can,
you know, address all of these things,
it's probably later down the line.
Teams are still trying to figure out what their value proposition is,
how they're going to go to market, how do they keep devs on staff.
So farming were critically important, but I just to farm and collect some better at this
So farming were critically important,
stage in the game really, really doesn't make a whole lot of sense.
And I just wanted to push back a little bit that more importantly, we have to contextualize
where these teams are.
They're still very early.
And as we bring them on and try to get accountability,
we need to put some of these things in perspective as well.
That's it.
That's one of the pushbacks.
No, I absolutely agree with those points.
But I think that goes back to the earlier discussion that we had in this space
of teams being prepared to enter the DAO. You're entering an incubator, you're entering a funding mechanism, you're
getting access to a new revenue stream, you have to be prepared to support and maintain the health
of that revenue stream. If you're not ready because you don't have devs on staff, because
you don't have safeguards in place, then you don't deserve to have access to that revenue stream yet.
Or at least you should have a plan that is very clear that makes investors trust
that they should give you access to that revenue stream.
And I think that's the difference is a lot of teams are coming in here
thinking that you're going to get access to this revenue stream
and then you'll fix everything versus being proactive coming in.
And that's the mindset that I think you see a lot of this community pushing back on,
which is why we're having these discussions.
But Vivo, I'm very happy to hear that you got at least some information that you're going to be sharing with us about this.
And I'd love to hear more from some of the community members that have additional questions here.
So we'll go to Johnny Green Ninja because he has had his hand up for a bit.
And then we'll go to you, Breaking Balls.
Yeah, my only question is kind of just like on top of everything else.
Like we talked about the farming and everything, and I get it.
Like some things are a little unavoidable.
Like in theory, right, I have, you know, I have 10 fingers on my hand.
If I have 10 phones or even just my regular phone and my work phone, I have a watch on one hand and then I decided to wear a ring on the other hand.
And I have both of those devices
linked to two separate phones, right?
And I understand that like some of those things
can't be avoided, but you know,
you guys talk about your 400,000 users
and how they're mostly in Asia.
I think everyone in this community knows
that if I was able to buy a watch or a ring,
I would have already done it and would have already been earning better tokens on it. However, I, and maybe something has changed in the last few weeks that I haven't really been paying attention in.
to buy a watch or buy a ring.
When I go on your Twitter page right now,
the first pin page I see from December
is to be able to pre-order your first Vivo watch, right?
So like, you know, where are those watches?
Where, like, where can I buy it?
You guys are talking about these prices
and I know they're out there somewhere
and obviously people have them
and people are earning them.
But for the most part of the community,
I think most of us are in America and most of us are in Europe.
And I don't know a single person in the VFAM community that has openly talked about.
Earning better tokens on their watches and if there really is 400,000 people in Asia that have these devices, like, where are they? What are they doing in the community? How are they participating in the Dow? Right? Because far as I'm concerned, no one in the DAO actually has any of these devices.
Viva, any answer to that?
Yeah, these devices are available on Viva.com.
We have a distribution model company and they can buy them online. Another thing that
we're working on is we're working on VSE to become compatible to any Apple Watch device and other
devices as well. So there's a separation between the wearable company and the blockchain company.
Maybe that's why you guys are probably following the blockchain
team, the infrastructure that's built to manage health data in a secure way and individually
linked to specific to all of the users. But then there's the wearable company, the technology
and the AI company, and these are separated from the blockchain company.
Okay, that makes a little bit more sense.
So you guys almost have like a holding company that governs you guys and a few different split off entities.
Is that what I'm hearing correctly?
And we're probably grabbing information from just one rather than all three.
Yeah, you guys are only looking at the blockchain infrastructure.
But there is a wearable and innovation technology company that sells watches
and that's separate from the blockchain structure. We're just the layer that manages all of the
health data and the privacy. Well, then I think the ask here, really simple one, there's two.
One is to give us that graphic of how Vivo works, how your distribution system works and how your security works.
Two is can you let us know where we can grab information about these other companies, like what accounts we should be following?
If you guys are vocal on those accounts, can you guys come join a V-Chain Spaces from those accounts to help us get you in front of the audience?
Yes, of course.
That would be great.
See, look at that.
It's a little thing.
Johnny, go ahead.
No, yeah.
And if you guys could just make one type of post or anything with links where I can just
go and buy one of these rings right now, my entire opinion would change.
So I can buy a ring right now and get it set up.
Well,
hell let's do this on the space right now.
Vivo,
what are the odds that you guys can DM Johnny green ninja,
get him the link to do this.
So he can be one of the first V chain community members.
Heck he is a V chain ambassador to let us know.
Does this shit work?
I think it would help a ton with building your guys's trust.
And you have somebody here who's happy to do it.
Might as well send him one
to try it out.
If he wants to
try, of course. Yeah.
Definitely.
I don't know. Johnny's been getting into a lot
of accidents. He has.
He has. So, yeah,
he might be using this to claim something. Who knows?
But, okay, here is going to be something
that we're going to do here. One, you know, Vivo, you've got those actions. Two, you're going to DM him about
this. Three, Johnny, you're now responsible for letting the VFAM know this should work.
And what was the experience like? And I'm going to tap you on the next space. Hopefully it's come
to you before the next space happens because it'll be a month. And let's see if we can get an update.
And Vivo team, I encourage you guys to come to more of these VChain spaces to talk.
You can see the theme here today, community, is half of the time we're just not talking to each other.
So you make a fucking assumption.
And unfortunately, that assumption is usually negative because we don't trust people in Web3.
So let's keep having these
discussions. Vivo, prove this community wrong. Show us that, hell, you guys are good people.
You guys are great actors. You're going to deliver a solution that we're going to use every single
day. And it's something that's going to bring value to this ecosystem because that's what we
want to see. That's why we're talking to you. And I really hope that you guys can take some of this
feedback and drive some action here.
You know, any thoughts, questions come into mind for you guys before I go to breaking balls?
I just wanted to, I think we skipped over something I wanted to mention or clarify, I guess,
regarding going back to like what actions we can take to, you know, quote unquote,
back to like what actions we can take to you know quote-unquote prevent farming of via multiple
devices even though i mean what our opinion is it doesn't really matter if it is technically
possible if you have you know a unique phone a unique you know one you have you have a ring on
your right hand and a ring on your left hand with a unique phone and all that stuff sure it's
possible even though i think it's not positive EV,
so I don't think it makes sense to do, but it is possible still.
We were thinking about putting in a limit
to how many people can link to a specific VeChain wallet.
So instead of not having a limit
to how many unique individuals can link to a specific wallet.
We just put on a limit of maybe five or six for a family or whatever.
And we can maybe put more checks into it too, where it's like...
Yeah, where it's like if you want more, you have to do a KYC.
Guys, that would be an awesome, easy solution.
And I know some other DAO teams are
actually doing similar things like that where if a device logs in from the same location you know
it limits the amount of devices that are allowed to log in from one location so I think that would
be a great idea team yeah it's definitely something that you know the listening to the
feedback from the or like the Twitter post that we've been thinking about doing uh as for like actually executing on it we still are like thinking about the best way to go about it but it
is it is definitely something we are like aware of and looking into see this is again half the
battle we didn't even know you were listening to us you know hearing that you guys are listening
to this community taking their feedback i mean that's a win coming out of this space regardless.
But breaking balls, your hands getting tired, what do you have to add here?
No, I'll agree.
It's really good to hear from you guys.
And it sounds like you know what you're talking about.
So that's good.
I mean, obviously, Johnny raised a lot of questions about, like,
the 400,000 users and whatnot.
It's just we're so, you know, in tune to a lot of our DApps here.
You know, there's different flavors. and whatnot. It's just we're so in tune to a lot of our DApps here.
There's different flavors.
Most of them are independently ran by community members.
So maybe it's not the fairest to treat everyone exactly the same
when we have access to them, when you guys are a little bit
different.
But just being able to do something like this, coming and and filling in some blanks is so helpful and i hope you guys
continue to be part of the community to do that um i did try to buy a watch or um a ring and it
just like asked me for an email so i don't know i would just suggest if there's easier ways to
to do that i didn't see a register or anything on your website it sounds like uh there's easier ways to do that. I didn't see a register or anything on your website.
It sounds like there's a little bit of a roadblock there,
at least for a U.S. user coming from me.
But thanks again, guys.
Thanks for having us.
It does feel like a family.
We are.
Families hard on each other.
Yeah, we ask the tough questions.
It's always, do you have a girlfriend yet?
You're married?
You know, did you retire?
I mean, don't worry.
Grandma's coming.
And she's coming in the form of a fucking angry Connor Boundy or breaking balls.
But no, team, you guys, thank you for coming up here and just chatting with us.
This is hopefully the first step toward tons of these conversations. because as you can tell, this community gives a shit.
You know, we want to talk to you. We want to use your solution.
Otherwise, we would have said, see ya.
And honestly, it's been great to hear your voices for the first time and hear that we actually have some competent individuals behind the scenes that sound like they're putting together a pretty big solution that hopefully we all can take advantage of. And so team, I encourage you to come chat with
this community more. Please, please let us know what accounts we should be following outside of
the ones up here. And, you know, I'm always a DM away. If you guys have things that you would like
to share with this community, please let me know. We'll get you in
touch with the right people so that we can talk to you and we can get on the same page, provide
you guys some feedback and leverage this Web3 ecosystem the right way. But Vivo team, we've
already gone 30 minutes over. We appreciate you playing 20 questions with us as well. Is there
any final thoughts from you here before we wrap up the 25th VeChain monthly update
space? And sorry also for saying Vivo. I heard you say Vivo and it's going to take me forever
to recorrect myself. That's okay. It's fine. Don't worry. So I don't think we had the proper chance
to put ourselves in context yet. So maybe next time, if we can put ourselves
in the right context,
explain what we do,
because it's a technology company
that's been going on
for over 10 years.
And then, you know,
when you only look
from the Web3 perspective,
some things do not match
because it's weird.
Why do they do that?
Why is that the way they do?
We're not just looking
at the people
who are using the devices today, but we're looking to grow this over vivos device we that's why we separate the companies
we don't we're not here just to serve vivo device companies we're here to serve anybody that has a
device that wants to connect to the blockchain and use the benefits of having their data secure
the benefits of having their data secure.
And then after that, we also have visions related to making AI usage private and user-owned
in the data spectrum.
And I saw some people talking about that.
So I want to be able to expose to you guys that type of sides that we haven't really
had the opportunity to talk about.
I think we would love to.
I know the community would love to. I know the community would love
to. And I encourage you, please reach out to me after this and we can get you in touch with some
people to coordinate because it'd be a lot of fun. And as you can see, this family here, this VFAM,
they truly want to chat with you. So let's set something up. Let's hear your guys' story and
hopefully create a small army here that is all marching toward the same goal of growing this ecosystem and bringing sustainable solutions to life.
And so appreciate you, Mariana and Vivo team, for coming up on stage.
Any final thoughts from the individual behind the Vivo account?
behind the Vivo account?
No, I just appreciate you guys inviting us
and giving us a chance to explain what's going on.
And hopefully, I mean,
hopefully our explanation made more sense than not.
And that clarifies a lot of the things
that were like kind of being misunderstood about us.
Oh, it definitely does.
And I'm getting DMs about it behind the scenes. kind of being misunderstood about us. Oh, it definitely does.
And I'm getting DMs about it behind the scenes.
And I think half of it was just,
are you even a real team?
Because we didn't get to chat with you.
And as you can see,
it's such an important pillar in this community to establish a communication channel.
Mariana, anything to add there?
Yeah, we're just being very shy now today
because it's our first time.
So just take it as somebody who brought a guest, but we warm up and we'll be fun later. Don't worry. You'll
rip all the jokes with us. You'll make fun of how Pauly's shorter than everybody. Pauly, that was
the first one in a little bit. We made it deep and I know you can't respond right now, which is why
it's awesome. But seriously, seriously team thank you guys for coming up
here we really really appreciate it you know any final things you want to leave with the community
otherwise we'll get ready to go around the horn um and close some final thoughts we're going to
skip our community portion section because we already went 30 minutes over and had a lot of
community questions but we'll save them all for the next one. So team, any final things, comments before we go around the horn here?
All right, let's head it over to Crypto Seats.
Unfortunately, we didn't get to go to you for the main portion.
I heard you come up right at the end.
Thanks for joining us on stage.
What did you think of today's discussion?
Hi, guys. thanks for joining us on stage what did you think of today's discussion? Hi guys
I came home really late today
I could just join half an hour ago
I wanted to join because
I wanted to say that
actually yes you can farm it
and you can buy for 15 or
20 dollars or euros
on some markets
but I saw that someone else talked about it.
So I just shut up.
You know, I was just listening.
But yeah, thanks anyway, brother.
Well, hey, hopefully we're going to be able to talk to them more about it,
provide them some feedback, because who knows?
Vivo, maybe there's things that you weren't seeing
that you can arm the Web3 community with
and they'll go find a gap for you.
So we'll bring that to the next conversation.
Crypto Seats, always appreciate you
and you'll keep killing it behind the scenes.
Let's go to one of the legends
who contributed a ton today.
And hopefully we're going to hear tons more from this guy
as this ecosystem continues to grow
because I don't know about you guys.
I like having him around.
He's got some good points.
Breaking balls.
Thank you guys for joining us today.
You know, any final thoughts from you, my man?
Yeah, man.
Thanks for doing this.
It's always nice to have different hosts for these spaces.
Pauly has his own, you know, set of skills.
You come with a whole other set of skills when talking to DApps because, you know, obviously what you do for a living. So appreciate that. Definitely a lot more questions
than some other people wouldn't ask. I'm going to end with this because obviously farming is an
issue. We talk a lot about it a lot. Some people say that we're still early and maybe we shouldn't
care about it right now. I think there is a clear misunderstanding of where everyone feels about this,
starting from the foundation down to some of the DApps about what is good for the ecosystem.
Do we want the transactions? Do we want the farming?
What does that mean for the success of the DAO?
And it's very murky.
And all I know is we have DApps
that are fighting every day to fight farming.
And they, and some don't.
And, you know, because they have to fight the farming,
they can't innovate.
They can't think of cool new things
to make their DApp cooler.
And that's what's going to bring mass adoption to this DAO.
I mean, I don't know anything about like
what transactions mean to, you know, bring it to
a business partner and say, hey, look at all these transactions.
Like, look, a lot of people are on our DAO.
But what's not happening is these guys are not able to make cool new features.
You know, like Critter talks about, you know, he fights farmers all the time and he has
all these other great ideas.
So it's just, I just hope, and I know I said this at first and Jake, I know you alluded
to this and I hope this is the case.
I hope the foundation hears us here that, you know, they need support.
At least like the basic support, like some of these D apps coming on from the foundation
are going to come stack because there are devs that you guys have hired and they're super trained and, you know, that's good for
them.
But like some of these other guys, it's not like that.
Some guys have full time jobs and like trying to make these things happen.
So I'll just end with that.
And I just want everyone to hear that loud and clear.
So, you know, we just want to be an honest DAO and we want to make sure that the people that are developing these DApps are getting what they need for their DApp and for the DAO to succeed.
Fucking mic drop.
Breaking balls.
You legends.
Thank you for joining us.
Thank you for the perspective.
And thank you for all the questions beforehand.
Helped make for a great discussion today.
Let's head over to another legend in this community, one of the OG V-Chain ambassadors,
Mr. Johnny Green Ninja, who keeps hurting himself while he does push-ups.
Johnny, how are you feeling about the convo today?
Any final thoughts?
Yeah, man.
Thanks for hosting.
This one was actually very constructive, very productive as well.
Thank you, Vivo, Oily.
CarbonLarity.
CarbonLarity.
Are they still here?
They had to go because they are across the pond and it's like 2 a.m.
So they were being troopers for hanging out.
But, yeah, for sure.
I mean, just the fact that you three came out here and talked to us, I mean, that says more than anything else,
right? You guys are willing to come up here and defend yourself regardless of whatever claims
that we were throwing at you guys as a community, right? That speaks volume and I appreciate it.
And I think that just shows how incredible this community is, right? We come together,
we have questions, we have concerns,
and we address them.
So I think this space was very constructive.
So thanks for putting it together.
Thanks for coming up.
Thanks for adding points, man.
You always bring some great perspectives.
And yeah, we were able to have some tough discussions without anybody going at each other's throats.
I mean, a couple of comments about RFK Jr. over there
or the short guy.
But other than that, we're VFAM.
You know, we're able to do this shit and we're able to have these great discussions and provide real tactical items for these teams to go leverage.
So it's pretty damn cool to see.
Let's go to Mr. RFK, the guy who's been smoking 72 cigarettes and hopefully is going to feel a little better sooner rather than later.
Chud, thank you for joining us last minute,
especially, you know,
even when you aren't feeling the best.
Appreciate you.
Yeah, I wish I was there earlier.
I was sleeping, but thanks for these spaces.
I'll keep it short for Pauly.
It's okay.
I'm glad some people got it out on him.
But yeah, if we want to get allocations from business for sustainability and being able to do this stuff that Sonny has been talking about, grabbing their funds that they have towards this, we need to legitimize this as best we can.
We need to get businesses that are generating revenue to have profits that are actually putting products out there.
So that way we can say, hey, like this is what we this is what we're producing, something good and legit.
Like if we want Fortune 500 companies to come in and put the money into this, then that's what we need to do.
And what will end up happening is we will get buy pressure from those companies when allocations are becoming less and less.
We need to change our mindset about 100 dApps.
We need 15, 20 great apps that do everything right and that we can show what's going on and how beautiful this is.
100 means nothing.
I don't want a pump fund of the DAO.
I don't want that.
I know some people do, but I don't.
We have, what is it, 100 and something near-near nodes
that can just put any dap on there if they want to.
We need to be diligent.
We need to be quick as a community.
And we need to do things like what we did with VSwap and VStation
and vote them off if it goes bad.
We really need communities to be active.
One person I want to give a shout-out to is this person Reheat.
I think it's Reheat.
Reheat.
Yeah, he's been killing it lately.
And keep going.
And if you feel like you have something to offer as a community member,
don't hesitate to do it.
Yeah, that's it.
I'm just going to stop.
I wonder what Reheat sounds like.
He's going to be on a space sooner rather than later.
That's like three shout-outs in one space.
But, Chud, appreciate you, man.
Always providing great perspective.
Like I said, even when you're smoking 72 cigarettes,
go take care of yourself, my brother.
Let's go to Lib Peck in here.
Lib, thanks for joining us at the end.
Always providing good points when you can, my man.
We really appreciate it.
Any final thoughts from you?
Of course, of course.
And thanks for hosting this today.
Great conversation like most of everyone else said.
And there's my second comment, but I'm on the other side of where we are as an ecosystem and Web3 as a whole.
as an ecosystem and web three as a whole.
So, and I hope my comment before my pushback
wasn't the turnoff,
but I also don't want this to be an echo chamber space
that we can have diversity of opinion.
We're still early.
So, you know, the pushbacks on farming is relevant,
but we need to keep that in perspective.
I don't think there's any innovation in Web3 right now that has a solution for farming.
And that's just a fact.
And I think we need to keep that in perspective.
But additionally, we're very early.
We're very, very early.
And I am aligned with the foundation a little bit more. Get apps into the ecosystem.
Yeah, it's going to be able to use to a certain extent.
And here, the apps may not be perfect 100%.
But get apps in, learn, you know, iterate, and then you get to a better place.
That's my two cents. Thanks.
Live, you the best. Thank you, as always, coming up here and providing some great advice, my friend.
Looking forward to seeing you on future spaces. Let's go to one of the teams up here that joined
us, Italian Stallion. Thank you again, man.
Any final thoughts from you and Oily here as we wrap up the 25th V-Chain Update Space?
You know, I think we said pretty much what we had to say before.
Of course, we'll be in touch with Pauly.
I love going to his space anyway so we can have more fleshed out, thought out conversations, of course.
We're never going to hide away from anything. But no, I think today was a really good opportunity, again, just to give people the
chance to, you know, see both sides of things. I know we spoke before about, you know, sometimes
these allegations that come out, they sound really scary at face value. And then if you don't get in
front of them quickly, that's kind of the last thing people remember, you know, they see that
they don't see the response from the team. And then it's very easy to, you know, just believe that and say, oh, well, if they're not going to take the time to come out, why should I trust them? Right. So we're just happy that we have a community here that allows these type of discussions. And like you said, no one was getting at each other's throat. We're able to have these, again, difficult discussions, but, you know, it's respectable. And people are able to, again, at the end, see from our actions, not just our words,
we're able to follow through. And of course we'll be able to do that.
So no, I think it was a great time. Like I said,
I had a lot of good stuff just listening to everyone kind of giving their
pieces on different things here and from the other daps. And look,
we're going to grow from this, right? You,
you can look at life from the challenges and some people can quit, right?
Maybe some teams I see this type of tough questions. They're just like,
you know what? I don't want to deal with it. They get out.
So it happened today. Right. And that's and like that's not what we are oily.
And the ones that showed up, I'm really proud of when that did come, because, again, you know, you're defined by how you move forward from those mistakes.
And if you can right those wrongs and move forward, look, we're all human. Right.
None of us are. I hopefully I know. I are pretty popular right now, but I don't think any of us are just AI up here. They're pretty convincing these days. You guys should check them out. But no, really, you know, look, look, we're going to make mistakes, but it's how we can move forward from that. The Dow is a it's a big social experiment, really. Right. We're kind of policing and coming up with our own different terms and gentlemen's agreements, if if you will on how to do things the
right way and of course we're all in different areas right so some people may see things certain
ways and and some might see it differently just due to cultural differences so it's really
interesting again just to see us all come together collectively and work this out in real time you
know this is a dows are not uh super prevalent throughout the crypto space like they're you know
there's people passing history.
There are definitely DAOs out there, but they've all shared their share of challenges.
So seeing us kind of grow from this, I think, like I said, we're going to see a lot of positivity come out of this.
And I always just say, look at the intent, right?
If people have made mistakes, you have to look at the intent behind it.
And if it's not really malicious and it's just a mistake, I feel like people should be allowed to right those wrongs and, you know, own up when you
fuck up. So that's what I said, we're here, you know, we answered all the questions where you
welcome more, we were always working to better us better ourselves. And like I said, I, you know,
I want to try to at least alleviate the concerns of community within our own stuff and telegram
and, you know, try to work day by day to slowly build that back up. So really appreciate the space here and we'll
see you guys next time. I'm sure I'll be on PolySpaces soon. So thanks. Much love, Italian
Stallion. Thank you to you. Thank you to Shill. Thank you to B, you guys, the whole UCO and Oily
team for joining this discussion today, not being afraid of conversation and
welcoming future ones.
Speaks volumes and we're looking forward to diving in it all together and growing, moving
past this and remembering when it was just a funny story back in the day.
But let's go to one of the teams here who unfortunately we didn't get to dive into their
update.
We pinned it at the top.
So if you didn't get a chance, go check it out, go dive into some things.
They'll probably be on another nfbc weekly space here soon um but solar wise you guys are crushing it behind the scenes the v fam is extremely proud of you guys and where you guys are doing
you know any final thoughts from you as we get ready to wrap up the 25th space and like i said
sorry we didn't get to go too deep into your update but it sounds like we'll do it on the next space no it's okay you know i think the this this space had some
other priorities to be covered which i thought was very interesting and i also you know wanted
to say you know thank you to all the other teams for for coming up you know answering all the
questions and and just being here you know i think it's a this is already a
huge huge message and and i think it's really important and you know like also coming back
to some of the points being said before like i i also think that we need to really consider
more quality over quantity in the dao and so that's definitely something that we should really
head for and you know like as a as a quick example
you know for example for us i mean we've been around over a year actually we we had our
anniversary in the end of february and yeah and and you know we actually like our testnet went
live when the dow went live and we were on testnet for over i think four months you know until
everything was ready and you know that's why i think, you know, like, and not only this, but also, you know, like, I mean, every project is different, but we're coming in, I think, with a very solid, I would say, case where we're tokenizing real world assets where you can, you know, own a solar panel and get electricity.
own a solar panel and get electricity.
And I think we really need to make sure that all projects on here are coming in prepared,
being on testnet, being all ready, being able to have a good communication and mistakes
are made.
That's okay.
And I think once this is going and we have this with many solid projects, those investment firms or any other company that is
looking at this is going to say oh wow like look at those projects they're really really doing a
good job and i did want to do a just a very quick update on what's happening with us i'm just going
to keep it very short because it's been i know it's been a two hours and 40 minutes now but you
know i just want to do a quick update, because some of you guys know
that we've had already constructed two solar farms.
And now we are in the construction
of the third and fourth farm,
which is going to be finished constructing
at the end of May.
And we're going to have then our sale for that.
And we did have a couple of changes for the sale.
As for our last sale, we got a lot of feedback from our community of how we can improve it and we really dove deep
into how we can do this so we did actually came up with this some with the solution called also
the sun ticket where users who like to can kind of free reserve some of like one nft for the sale and that does have quite
of uh like i would say an advantage for some users who don't want to have that first come first serve
pressure and actually this first ticket sale is going to go live tomorrow and uh so like if
anybody's interested you know please feel free to you you know, check it out. It's going to be happening on our Dapp.
And also, we also changed, you know, the place of where the whole sales are going to happening is going to be on our Dapp as well,
which is also going to solve one of the main issues last time of having always those transactions reverted.
And that's going to make the whole process way smoother.
But, you know, also like just in general to give some updates you know like after that sale with we will be having around 750 solar panels tokenized on vechain and that actually puts
us on a very good spotlight i would say in the world for you know tokenizing those real assets
and i mean that's gonna make us i mean those farms are going to be producing around
that's going to make us, I mean, those farms are going to be producing around 56,000 kilowatt hours a month,
which is quite a good amount.
You know, we already saved 2.2 tons of carbon, which we're really, really happy about.
And, you know, I mean, I think I shilled the next sale pretty hard.
We're also increasing our location.
For those who haven't known this, we're actually going to increase it now to 50%
for all our holders.
And, you know, guys, like, also,
it is so nice to be part of the DAO
because it is such a great community
and launchpad for projects like us, you know.
And for us, it is a little bit harder to scale
as, for example, for other projects, you know, because for us, we have to go through the whole process of, you know, finding a piece of land, checking and doing all the testing, getting all the products aligned.
Hey, don't sell yourself short.
You just optimized one of your biggest bottom line items and cut it basically in half recently.
You know, you guys are killing it behind the scenes.
Yeah, we're trying our best. thank you for for that connor you know we're really trying our best but it is quite a quite you know a big i would say operational task to get the scaling going and
that's why we're extra happy to have now two farms coming in and yeah i mean guys you know
without you guys the vfam we wouldn't be here So there's a big shout out to all of you.
And if you have any questions regarding the Sun Ticket or anything we do regarding the panels and any technical questions, just reach out.
You know, we're always available here or on Telegram.
And, yeah, thank you guys for listening.
And also, thank you, Connor.
And also, thank you, Jake, thank you Jake for setting up this space
and I always love coming to the Veach and update spaces
and yeah
thanks again guys
Team you're kicking ass, thank you guys
it's been a lot of fun working with you
even selfishly through Atlantis
you guys have been killing it
and so excited to see what is next for you
well Jake
it's time to tap you again
you got to take a little
bit of a break this one because the spotlight wasn't necessarily on you it was on some of the
teams thank god you know what you what you think listening back you know how'd you think your d
apps did i think everyone uh was very forthcoming and truthful and open and transparent and hopefully
it did help resolve some of those fears,
or concerns, I should say, not fears,
but miscommunication has its pitfalls.
And I think everyone has good intent,
you know, connected with these teams individually.
And obviously, on a personal note,
I think there's a lot of good people here.
And I'm glad we got to get it all out in the open.
I hope that's gone some way to
change perceptions.
So yeah, I think it was a great space.
I was tinkering away in the background
with you guys next to me. Obviously,
we've got some cool stuff coming out as well
on the socials. You guys might have seen some
retweets popping up, but
Dana popping up looking good
in that VChain swag, so that's cool.
He did, He did.
For those of you that didn't see it yet,
go scroll a little bit on social media and you'll see some fun posts.
Jake, as always, man, appreciate you joining us here,
even while you're on daddy duty, hopefully causing not too much chaos.
Seriously, thank you and appreciate you helping coordinate,
getting these teams on. Really speaks volumes that you were able to send a message and teams that we're facing, you know, some constructive feedback like Carbon Larity, like Vivo, you know, like Oily here. We're
like, hell yeah, let's go chat versus hide behind a corner and say we're not free. Hopefully those
teams that we didn't get to chat to yet, you know welcome to come and you know join us on one of these future spaces because
as you can see communication we can resolve a lot of shit by just talking 100 and i just want
to shout out kim because actually you know she did a lot of the background work so we've got a
dedicated dap relations uh manager now and she's you know can we start talking about kim yet because she's a baller and she's been doing shit behind the
scenes for a while i didn't know if you guys were talking about her yeah of course you know we want
to bring that we want to you know bring our stars to to light but she's been fantastic like she
really helps me out and and the cme team you know just keeping everyone connected, going between, setting things up. So shout out Kim.
Yeah, she's a great asset for VChain.
She works with Nan.
So obviously we all know Nan.
She's an absolute legend as well.
That girl does not sleep.
I can message her at any time of the day.
Nan literally doesn't sleep.
I can confirm.
I'm pretty sure she just plugs herself in at the end of the night.
It has to be a robot.
And honestly, with the background of Kim, I wouldn't'm getting has to be a robot and honestly with the background of kim
i wouldn't be surprised if she's a robot as well um so team as you can see there's there's people
coming behind the scenes that have been doing a lot of work that aren't as vocal you know as a
person like jake but you know kim is helping with dap relations doing a ton of things you know new
d apps that are coming in and existing d apps you're definitely going to cross paths with her
so if you haven't just get ready because it'll be a lot of fun. 100. But Pauly, I missed you because you were too short. No,
just kidding. I was just making sure that you finished up your jury dewey. Did we convict
the guy or did we not convict him? Deliberation is tomorrow. We finished. We're getting closing
statements in the morning. Deliberation. I'm assuming I'm going to run the deliberation because that's just how my life works.
That just makes sense. I want to hear you say he's guilty.
I got to say, Connor, three hour space. You're trying to steal my thunder?
This is turning into like a poly TV.
No, I'm absolutely not. This is not something I want to do.
There you go. Now you know what I go through. But no, I'm looking forward to This is not something I want to do. There you go.
Now you know what I go through.
But, no, I'm looking forward to listening back to the space.
Appreciate everyone that came in, and appreciate you guys for doing this.
So thanks for getting me in last minute.
And, yeah, you guys enjoy the rest of your week.
We'll see you at the cafe tonight.
We're meeting with Newbilla again for round two.
So looking forward to that chat.
I love it. Paulie, it looks like we're going to have a lot again for round two. So looking forward to that chat. I love it.
Pauly, it looks like we're going to have a lot of these teams come chat with you, man.
So keep kicking ass for those that are not following him.
I don't know why you're not already.
Maybe it's because you didn't realize he got hacked and got a new account.
But this is the new Pauly TV.
Make sure you're following this legend.
Go join those spaces.
It's always an open discussion and always a lot of fun.
Pauly, thanks as always.
It's because I'm too short.
They look over me.
That's the problem.
I need to get some stilts or something.
See, Vivo team?
You'll get in on the inside jokes the more you're here.
You'll get in on them.
But seriously, all, this was awesome.
I can't thank you enough for joining this discussion.
We have a lot of actions coming from
it. I already have some of these teams that I've been talking to that have been up here that hopped
off and are already making moves. And so hopefully we're going to have more conversations with this
crew, more conversations with other teams as we continue to grow the DAO together. But I won't
keep you anymore. We are 57 minutes over our usual time, but damn, it was worth every minute.
So thank you for sticking with us. Thank you for listening back to the recording.
Wherever you are in the world, VFAM, I hope you have a great rest of your morning,
a great rest of your afternoon, a great rest of your evening. Let's continue building this
fucking momentum and keep having some fun. See you next time on the VeChain monthly update space.
