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Web3 Isn’t Decentralized: How the Wire Network Un-Silos All Chains ⛓️
Recorded: Aug. 14, 2025 Duration: 1:19:20Space Recording
Short Summary
In a recent discussion, crypto enthusiasts explored the bullish momentum in Bitcoin's market cap, the upcoming launch of Wire Network's Universal Transaction Layer, and the growing trend towards interoperability in blockchain technology, signaling a transformative shift in the crypto landscape.
Full Transcription
Thank you. Thank you. Thank you. you Crypto Joe, can you hear me?
Roger that.
Yeah, X is wigging out, dude.
It's been a weird day for X spaces.
Oh my goodness, I'm glad you guys are back.
I mean, did you guys hear anything?
Or did you guys...
No, it was just silence.
I could just hear myself thinking.
And it was awful not a thing silence. I could I could just hear myself thinking and it was it was awful.
Oh, my goodness.
I am putting the vibes for you guys.
I am speaking loud today.
I'm super excited.
And you guys didn't hear any of that.
Anyways, let me introduce myself again.
Hello, everybody.
I'm Crypto Empress.
And what a bullish week.
We hit ATH Bitcoin at the um this this week so the whole
market is going parabolic except for today obviously we do have a great day nothing to
worry about i mean the best is yet to come bitcoin surpasses google in market cap becoming the fifth
largest asset in the world so i got two of my greatest friends from web3 my co-hosts uh william and
crypto joe how are you guys can you guys give us a little introduction of what you guys are doing
here in web3 joe you go for it bro all right all right hey guys welcome to the empire hub super
excited and blessed to be here as we kick off this series. I'm Crypto Joe, Web3 enthusiast, healthcare leader, and of course your DJ at heart.
Happy to be here, excited to work with everybody.
Definitely have some projects I'm working on on the side, but super excited to hear
what Wire Network has to offer and how their interoperability and connecting all of our
blockchain is really going to help this space. Happy to be here, William. Kicking it over to you.
Thank you, man. Super stoked to be here. Excited to hear from Wire Network as well. My name is
William. For anyone who doesn't know, I'm a co-founder of the D-Pen Happy Hour and D-Pen
Digest, really big proponent in the D-Pen space.
Run a deployment business myself, as well as host spaces, just like this one, for D-Pen peeps.
Wow. Empress, can you hear me yes i can yeah perfect yeah i can hear you guys sorry i damn i guess um i was about to like just
take over i was gonna be like empress is having some technical difficulties anyway i mean it's
never you know i have to say about the spaces. We can never get this right, right?
I've been like, William, you had to open a space this early.
Like at 8 a.m.
You had to do another link because it was just not working for you.
So I do see some couple requests.
So I will be bringing everybody up.
So just bear with me, guys.
Welcome to the Empire Hub.
A big thank you for all of you guys being here today
obviously it is a bullish day for for everybody that's here today i do have the wired network
team here uh so right now um the blockchain space often feels like a bunch of isolated islands that
don't talk to each other it's low expensive and risky and wire network is building a
powerful system to connect all blockchain seamlessly making transaction instant secure
and incredibly cheap. So this is the future of blockchain more connect connected for efficiency,
see and ready to change everything. So get ready because what this team shared could revolutionize crypto as we know it. So we have Doug here. We have another legend here. David Land is here as well,
as well as ImpactApe. How are you guys today? Amazing. So happy to be here.
Absolutely fantastic. It's an honor. You're in place to be here today likewise yeah so um as
many of you guys know um we did get a little bit of glimpse in my alpha chat when ken the ceo
came a couple weeks ago and he was super excited to tell us about what they're got you guys are
building so i do want to kind of emphasize to the new community um if you guys
could please retweet the room and also make sure that you uh tag your friends we are also doing a
giveaway here in the jumbotron so i just kind of wanted to uh introduce all of you guys to my
community i know this is your first time actually as a whole team coming here today so uh today i
just want to hear from each one of you guys. So if you guys
could please introduce yourself and tell us what your position is for WIRE. I'll start with you,
Doug. Yeah. So I'm leading the WIRE partnerships and business development team alongside Will
and our fearless leader, Ken. And yeah, and I've been on the team for about a year
and it's been an incredible journey. You know, the mission of desiloing the blockchain speaks to me
from several factors, one of which is AI. In the agentic, in the post agentic world that we're entering, these agents are
going to need all chains, full access to all assets and all liquidity in a moment's notice
and it's going to be required for it to be super fast. And so this is definitely a passion
of mine. And yeah, so I'm super happy
to be here and discuss all the things. And I'm going to pass it over to Will, aka ImpactApe.
Hey, what's up, everybody? Yeah, I'm the COO of Wire. I'm also a VC with a $10 million fund. We're
deploying capital pretty quickly right now, write 100K checks, especially to folks that are building
on wire. One of the most common questions I get from deals that I'm evaluating is where should I
build my DAP? As a Web3 developer, there's a big cost benefit analysis to determine for technical
and political and cultural reasons, which chain to build on. So yeah, I'm really
amped to be backing wire network. I own multiple nodes now because this answers the question,
where should I build? You can mint your assets anywhere and we'll dive into this,
but you're going to transact those assets on a universal transaction layer that trades these ownership proofs, these functional deeds to asset on any chain.
And so this solves the problem.
The answer is you're going to build on wire or if you have an existing DAP, you're going to level up your infrastructure into wire.
So I'm excited to chat more about that as we go here.
Thank you for that.
And I also see Ken joining the conversation. How are you today?
Hi, Empress. How are you? I'm great. I actually took a red eye from LA down to Tampa. So I'm out
of our headquarters today. Awesome. And then we also have David Land up here too. How are you today? Hey, fantastic.
Call me Dave.
So yeah, I'm a tech guy, that engineering background.
I've been serial entrepreneur.
I've had some great successes in my life, enterprise, B2B SaaS.
And then I met Ken and Kyle and everything took a huge pivot
into the incredible world of Web3.
And I'm a huge supporter of Wire Network.
I'm also the co-founder and CEO of Wire Wallet.
So we are building the first product that leverages this breakthrough,
incredible new infrastructure that Wire Network is building
and can't be more excited to tell you about.
Thank you so much.
So some of the top highlights that we're going to be talking today on the space is going to be like the wire network enables cross chain talk connecting a blockchain makes crypto stronger, faster and easier. And the last one AI helpers keep everything running smoothly. So I am going to start asking you guys, for those who are new to wired Network, can you guys explain in simple terms how Wired
Network enabled different blockchains to communicate? Will, why don't you take that one?
Yeah. So with regard to different blockchains communicating, right now, if you are familiar, or if you've transacted
at all in Web3, so I'm going to start really high level. If you've ever had to
take an asset from your centralized exchange, your Coinbase or Binance or whatever,
and you've ever moved that into your own wallet, and
you've had to move a gas token into that wallet, and then you had to bridge an asset
to another blockchain, and maybe you have to wrap a token in order for it to interact
with blockchain, all of a sudden, you're quickly in a place where the user experience
you're quickly in a place where the user experience is suboptimal.
is suboptimal.
So the space has been obviously aware of this for a long time.
And the current paradigm of how to solve this problem
has been to figure out how to cleverly move an asset
from chain A to chain B in a way that is as seamless as possible.
Now, the problem is along the way, there's been lots of hacks.
And because a lot of these bridging between these blockchain ecosystems have significant
security holes in them.
And so there's been evolution in the interop space to propose a number of different solutions.
There's all kinds of different atomic swap solutions out there.
There's lots of different message passing.
There's lots of sort of light clients or moving into the zero knowledge proof.
Obviously, that's getting pretty technical pretty fast.
But long story short, most people in the interop space are thinking about, like I said, moving an asset from chain A to chain B.
So what Wire Network has done is something fundamentally different.
Wire Network has, instead of thinking about moving an asset off a native chain, and whenever you move custody to a different chain, things start getting scary
pretty fast, not only from a user perspective, but from a security perspective, you no longer
have the underlying security of a native chain. So what Wire Network has done is allows you to
secure an asset, whether this is any kind of token, on a native chain. And instead of trading an asset, instead of moving
that asset into a different chain, which gets into all those scary custody issues, all you're doing
is trading the ownership proof on a new layer one called wire network. And this new layer one now
can trade ownership proofs to assets across any chain.
And so now all of a sudden you get access to all users that are using any decentralized application from any ecosystem.
You get access to all liquidity.
So you no longer have liquidity sloshing around and moving around these insecure bridges.
And you only have to deploy into one location.
You deploy your smart contracts into wire networks, new layer one, and now you have access to all
these assets. You don't have to manage state across 40 different blockchain networks. You
can do it in one place. And so I'm on Twitter right now as Impact Ape, partially because I'm board chair of
a NGO called Impact Stream. And we firmly believe that the next two to three billion people to come
on to the global digital economy require a user experience that's not as clunky as what I mentioned earlier. And so the next
paradigm of interoperability, the next generation of applications that will allow us to actually have
decentralized Venmo, decentralized Robinhood, decentralized Coinbase, like very large global
scale applications like what Dave is building with WireWallet, that requires new infrastructure.
That new infrastructure is Wire Network. And so from a humanitarian perspective,
this is what gets me out of bed in the morning, is that it's really going to help level up
the global digital economy and give people access to this beautiful world of Web3
in a way that's never been possible before.
Thank you for that. I'm going to pass the mic to William. William,
do you have anything that you want to add to this conversation?
Yeah, it's a very interesting idea, I guess. I mean, I've seen a lot of these applications, like, arise as of recent.
Obviously, you know, bridging has been kind of a headache, like, over the years,
where it's like you have to jump through all these hula hoops,
and it's just like, oh my goodness, like, I did five things now, where's all my tokens?
Like, they're all gone, and oh no, I've rugged myself.
But I've seen these applications, like, you know, Slingshot, among a handful of
others, that have made the process very seamless and made everything feel very, very kind of just
like all in one, right? Where like, I just, I use an app, I don't have to worry about which chain
I'm on, I can access all these other dApps and all these other smart contracts and what you have and not. But I guess my question
for y'all is, is that like the end game for your, I mean, for the wall you just mentioned,
is that the end game for Wired Network to have an application similar to something like Slingshot,
where I just download this thing from the app store, I don't really have to deal with all the blockchain nonsense, but I get all the
benefits of having a self-custodial or yet non-custodial wallet in the palm of my hands
and access to all these chains. Happy to take this one, if it's okay with you, Empress.
Absolutely. Be my guest. Absolutely. So this is what excites me so very
much because just like Will said, the epic problem in Web3, look at the number of users in Web2.
They're in the billions. Look at the number of users in Web3. It's just a microscopic
percentage of that. And it's because just like Will said, it's too freaking hard to use, where any kind
of meaningful operation from one chain to the other, and your average user, your newbie to
Web3 especially, just instantly gives up. It's hopeless. But what the reason why, like Will,
I'm so excited is that this is going to literally break open the dam so that the world of web 2 users can pour into web 3 because
we're making it because of wire networks infrastructure this breakthrough
infrastructure we can now make everything in web 3 as easy to use and as is web 2. so for example
just like will said our wallet will be just like you said, William,
download it from the App Store and you will no longer have to worry about what chain an asset is
on. It's going to work exactly like a decentralized and fully trustless Coinbase. Imagine that.
Except because of the infrastructure, we know that the fee structure is also going to be
disruptively lower. So we are blessing open the doors to Web3 for the entire world to be able to
easily and ultra securely use this technology, right? There's no centralization, the largest
attack vector in security. I just heard this stat earlier today
in a cybersecurity conference I was a part of, that three years ago, 90% of all attacks were
human-based. They now believe it's up to 95 because of AI vectoring and being so specialized
in the attack. So when you remove all of the human elements and having everything decentralized and trustless
like we have it now with Wire Network and Wire Wallet, by definition, your level of
security goes up orders of magnitude.
So you get all of the benefits of the ease of use of a Coinbase, of a Robinhood, of a
Venmo, except you get all of the incredible benefits, the ease of use of those things, but you get the security and the way lower fees of truly being decentralized and trustless.
So we know this is going to change the world.
And I'll just add real quick that Slingshot is a great example.
Slingshot is a hint of what's coming across all chains.
So Slingshot is across EVM chains that allows that seamlessness. So we see a lot between ecosystems like Cosmos that hit the interoperability
between all the different chains that use the Cosmos SDK, right? We see like NIR that
has a bunch of cool stuff going on and chain abstraction with EVMs. We see Polkadot that
has a similar mechanism,
but all of those have two pretty serious problems. One, they're just contained within their
ecosystems. And two, they introduce additional custody, oracles, et cetera, et cetera, or
different sort of flavors of moving custody of those assets. So wire network solves these two problems because it
allows all chains, not just EVM, not just Polkadot, not just Cosmos. It allows all chains. And two,
it doesn't change the custody. It secures these assets on their native chain. So what we call
dual consensus, the consensus of a native chain, as well as the consensus of wire networks L1.
native chain, as well as the consensus of wire networks L1.
Yeah. So I'll add in too.
Like, William, what you're talking about with Slingshot,
what wire has set out to do is make it actually universal,
like truly universal, meaning every type of chain.
So we'll hit on, you know, Cosmos and EVMs and a couple others.
But we go all the way down to ensure that it is trustless and decentralized as well as universal.
So we're talking about Hedera.
We're talking about Cardano.
We're talking about the EOS community.
We're talking about the EOS community. We're talking about Polkadot. We're talking about all the other types of chains that are non-EVM that are extremely hard to deal with when it comes to bridging or even other current solutions.
We've taken care of that.
We've standardized.
We went all the way down and standardized what all of these different types of blockchains have that are true.
And we've built up from there.
So that's like the one key point. The other point is the centralization. So like Slingshot still
uses, you have to under, what you're trying to do is when you're dealing with finances,
whether it's corporations or individual entities, like there is no FDIC insurance in this industry for us.
We have to make sure that it's as secure as possible because there is no government daddy
like bailing us out if someone gets hacked.
Like that's not a thing.
And so you have to make it as secure, like more secure than any Web2 environment because
there is no net to catch us. And so that's what
we've done. And so like you have, you have things like Slingshot and others that are making it more
seamless on the front end to the user, but on the back end, there's still attack vectors, like
multiple attack vectors that because of how they've built the underlying infrastructure. And so they have things where the routing and pricing
and other type mechanisms that are on their particular servers.
So if their servers go down, Slingshot no longer works,
even though everything's on chain, essentially.
It still doesn't work.
And then your assets are frozen. And you don't want that. So with us, not only like it still doesn't work. And then your assets are frozen,
and you don't want that. So with us, not only is it universal, so it takes care of everything,
not only is it trustless and decentralized all the way down, it's like even if wire and network,
even if our universal transaction layer goes down, you are still able to, like if you have
Ethereum assets, and you put them into the UTL,
and wire network goes down, you just pull them out of the smart contract, like we have no authority, it's full, like self custody. And so from that point, like we reduce the attack vector down to
nil. And that's the that's going to be the biggest thing going forward. We're not talking about like,
chat messages, we're talking about people's money. So there's like a whole new level that we have a standard that we need to set.
Crypto Joe, I see your hand up.
Oh, that hand is high. You guys got me excited. Interoperability is just going to completely
change the game. But one thing I did not hear, and I know we've got a ton of folks in this space
who are in the NFT communities, as well as in GameFi.
Talk to us a little bit about how we are going to create interoperability in between NFTs,
gaming assets, and allowing them to be used because we know that is a huge siloed space.
Yeah, I'll start this one and then I'll let somebody else jump in. So what I wanted to do
with Wire and the UTL is, you know, if you look at the world's stock markets, like they're all connected.
They're not all built on the same infrastructure.
So the stock market in London is not built on the same architecture that the NASDAQ's built on, that the Hang Seng, like they're all different.
But they all have been able, there have been standardization protocols that allow all these exchanges to connect.
Why does that matter?
It's because you want the world to be able to buy a share of Tesla, no matter where it
IPO, which was it IPO on the Dazdaq.
So it's like, imagine IPO-ing is like where you issue the NFT.
So a bored ape essentially like IPO-ed on the Ethereum mainnet.
Like that's how you have to look at it as far as a parallel.
But you want the rest of the world, you want every other chain to be able to use their assets to seamlessly purchase that NFT.
And that's where the UTL comes in with wire.
worth is because the entire world has seamless access to buy and sell it. Like I would pose
that we don't know what the true price of a board ape is yet, because there's so many barriers for
users that have money to be able to purchase it. Like if you're over there on Cardano and you are Charles Hoskinson and you have a
billion dollars in Cardano and you're trying to buy a board eight, you have to
like go to a centralized exchange.
You have to like, you know, exchange it for Ethereum, take it off, or you have to
bridge.
I don't know if there is a Cardano Ethereum bridge, to be honest.
But you have to do all of these things.
Like it's not seamless and you might just
give up. You're like, I don't need the board aid that bad. So once you just break down the barriers
and you could use a Visa card where you can just purchase whatever NFT you want with whatever
money that you have or do a trade. It could be you have a bunch of Solana NFTs
and you want to offer up Will for his Bored Ape.
You could say, all right, Will,
your Bored Ape's worth $100,000 USD.
I have all these Solana NFTs.
So I'm going to trade you 15 of my Solana NFTs
that have a value of $125,000 collectively.
And I'm going to offer you a trade
for your board ape on Ethereum mainnet. Those are the things that you can do that is just going to
be seamless, just like you're making a trade in real life. So that's going to be the world of
NFTs and gaming. And I'll end with this. With games, a lot of these projects started out issuing NFTs or gaming assets on Ethereum.
Then Ethereum gas fee like went through the roof in like 2021 during the bull market.
And everyone said basically like, fuck it, I'm going to start issuing my NFTs on Polygon or some other like L2.
Right. And so now these gaming assets are not even on the same chain.
Like it's the same game, but these assets are on, maybe they're on Solana too. It's like, it's not going to matter because of the standardization.
All of these assets will be able to seamlessly be played in the game with one wallet, which is like,
you know, what, what Dave Leland's doing with, with wire wallet from one wallet, you're going
to have all your assets sitting there. And then it's just one click you're in the game. And then it doesn't even matter.
Like the, the, what chain things are on go away.
It's just going to be like a, like a web two experience in web three.
Wow. Absolutely. Fantastic explanation.
I am so excited to see what we,
what's going to be coming of these NFTs and
the interoperability. And again, to be able to jump on a game in Web3 and, you know, use any
asset that that's that's absolutely phenomenal. Empress, I'm gonna kick it over to you.
Yeah, thank you for that. Absolutely. So I guess for me, I've just been super bullish about what you guys have been creating. And obviously, a big part is kind of like the onboarding process. So I'm going to ask you, Doug, what does the onboarding process entail for new projects or blockchains that want to integrate with the universal layer of wire network?
network? Well, I think this is the better question for Will to answer in detail. But at the moment,
you know, we're onboarding projects that require high levels of transactions and that require the
need to have access to full liquidity and all chains. And the deal is that ultimately that's going to
be every chain. It's kind of like, there's a freight train coming down the pipes and either
get on board or get out of the way. But I'm going to let Will answer this question in more depth.
will answer this question in more depth.
Yeah, ultimately, where we're heading in Web3 is clearly,
one, a lot more volume on marketplaces and DeFi architectures
and automated market makers, DEXs, all this.
And then two, we're going to see a boatload of AI agents buying up block space.
So if you think of, you know, the billions of dollars every month that are spent buying block space, if you think of just blockchain as a supply and demand, right?
What is the demand for buying block space?
All the latest stuff in the news in terms of the regulatory clarity that we have in the big financial institutions buying up a bunch of these assets.
And, you know, why we're seeing ETH mooning and all this stuff, because there's a lot of green space there for everybody to build into.
But we're now going to see AI agents demanding real-time, lightning-fast across all chain, any asset.
And they're going to, the AI agents are going to demand infrastructure like wire. And so wire
is basically purpose built for not only the AI agent economy, but for any developer out there
that's building an application that requires lightning fast transactions that doesn't have
to worry about managing state across all these chains. I mean, it's a maddening problem. If there's any developers out listening to this, you know how horrible it is to build
multiple engineering teams to manage different technical infrastructures and picking different
sort of like swapping technologies out there that you never know if you're going to get
rugged or hacked at any given time because you're introducing new vulnerability vectors. So yeah, so the onboarding from a Web3 engineering perspective, you deploy in one place
and then you're going to be able to create better, faster, cheaper experiences for your end users,
which should allow you to be able to grow your business. So anyway, it's the old adage that you
don't want your infrastructure to block your ability to grow your business. So anyway, it's the old adage that you don't want your infrastructure to block your ability
to grow your business.
And so WIRE really is ushering this new paradigm and building in Web3.
Well, and Jamie's on here from Wall Street Bets.
I don't know if he's able to speak or not, but I want him if he's available to because he's he has a perfect vision for the onboarding process because he has there's a 18
million user subreddit for wall street bets and he thinks every day about how to seamlessly
bring all of them on chain not just them but more um so jamie if you want to talk about like the
user experience and and what the onboarding
process is going to be with wire is how you see it i would i think it'd be great yes uh thank you
um you guys are making me fall asleep there happy to talk about the fun part where people actually
get to use it right and that's actually why I joined Wire, because I said, holy shit, Wire.
Oh, damn it.
Fun call.
Wire has done what is technologically and seemingly impossible,
but even harder than what they pull off,
it's explaining to people what it is that they pulled off.
However, people that have the capacity to understand both
the problems and solutions and all the different landscapes are able to see two three four five
steps down the line and don't get too caught up with words with lots of syllables and like
very very small percentage of the population can really appreciate and focus on the part where I'm saying, well, what does that mean for the future? And you guys did the impossible. So what? Like, so if, so I was able to identify
that quite literally the doors can be opened in ways that I know that my own brain cannot
understand it. And the only risk that wire was facing is that nobody can fully appreciate that
they've defied gravity right they like changed from newtonian to like einsteinian relativity
so that's a lot of fancy words for saying like um yeah you know i joined wire i'm the cso of wire
helped them um from my perspective yes i have a large reach and I have an ability
to communicate things in a way that people understand it and ambitious goals,
but it's very off-brand for me. However,
what is on-brand for me is disrupting in order to make the world a better place,
pointing out problems and fixing them by breaking them first, right?
In the financial system and in
other places arbitrage and and crowdsourcing and having fun and doing memes and doing all these
fun shenanigans um in order so and it's clear that you know traditional financing and crypto
are pretty much like you know uh becoming one in the same. In order for crypto to pull off
what it can do, crypto needs to be usable and the risk is not showcasing it. And so quite frankly,
the plan here is to stop talking about crypto right the the goal here is start using it
and there's already tons of platforms of people you like the where the blockchain is driving it
and people don't even realize it like most of these international transfer uh services that
aren't like western union or whatever, use crypto behind the scenes, but
they don't tell you.
Everything needs to move towards that because it's straight up better.
I've always, I've Wall Street bets.
I'm a traditional finance guy and I resisted crypto for the longest time until I literally
was forced into it. Like I couldn't not get to understand this.
In crypto right now, you can ask an experiment.
You can ask 10 people or 100 people.
What do you think about crypto?
Let's suppose that 30% of the people actually are heavily involved in crypto and the other 70% aren't.
All 99% of the responses are going to be crypto is like a gambling instrument, the price,
investment, digital money, Bitcoin, right?
It has just been narrowed down to a simple number which fluctuates
and it's sad right it's sad because crypto can do so much more than that um the blockchain can
do so much more than that and yes uh money and a number is a good way to start getting people
interested and involved with right pump fund can be a gateway drug in much the same way out of the
money stock options can be a gateway drug to much the same way out of the money stock options can be a gateway
drug to eventually diversifying your portfolio when you finally grow up um but but there's more
to it than that and uh the the the biggest hindrance that the crypto has been facing is the reputational issue. Number one, crypto is investing.
Number two, aversion to crypto is risky, right?
And number three, how the hell does this thing work?
Why do I have to click so many buttons?
Like, why is this network?
Dude, I tried, like, now I'm going to speak normally.
I love MetaMask, by the way,
like, you know,
because of some of the things that they're innovating
may also be partial to them since they were the first thing
that I ever downloaded.
And of course, when I first downloaded it,
I had to click, right click, edit, configure,
custom network, RPC, URL, port number,
whatever the hell to get Binance to work.
Like how many freaking clicks? And if I finally get it up and running.
And I try to send somebody money.
They're like, you don't have gas money.
I'm like, what the fuck?
Like, I don't have gas money.
Like, what does gas money mean?
Like, you know, like why nothing worked.
And then somebody had to first explain it to me and I'm like, yeah.
Okay.
And then I was just getting, I was hitting a, it was a speed bump bump but every single it's like hitting speed bumps in between traffic lights right I'm like god damn it
these pop-ups can I get them to stop it's not it's not even like I understand the pop-ups anyway it
was like pop-up please approve the following message right like zero zero one x one four six
four like what did I just approve this is worse than the terms of service and sure enough
I'm sure all of you have gone through this one of those approvals that were zeros and ones ended up
draining my fucking wallet so like the whole thing is unusable right let's go in order to be able to
have things to be on the blockchain yes this means the systemic global uh finance infrastructure which
is more robust which is currently very fragile people don't
appreciate how fragile and antiquated it is legislation is written to continue like slowing
down the speed at which things are reconciled and settled and blah blah blah we need to just have
permanent immutable records of instantly transit like instantly settled facts, information, period. That can be information about
transaction. It can be information about whatever, right? But we just need to be able to have the
whole world synchronized. I, you know, I spoke to a guy that worked at Amazon. You know, I remind
you the company that can do same day deliveries. And he worked at the IT department and he told me
that they have to run nightly Excel batches where they have to use this thing to synchronize their other systems
once again these are the same day delivery people they have like duct tape around these like systems
because um one guy did designed a system in COBOL and then the next guy forgot that you know the
number of like uh digits in a year
should be only four it's like you ended up with the problems like if you start throwing everything
on the blockchain everything becomes standardized trusted usable and all of a sudden money can be
fun things can be innovated people can collaborate on a worldwide like way in a in a uh in a way that is much more meaningful and i can't wait
for social media needs to be fixed all of social media needs to be on the blockchain you don't need
a wallet to be on the blockchain you just need the program itself to live on the blockchain like
get rid of the platform risks get rid of censorship you can have moderation we don't want kitty porn
right but you want to be able to have a receipt to say I was censored in case you were done.
You know, it was done like with malice and, uh, yeah.
And I'll close by saying that, like, you know, my wife, the other day told me that, you know,
that she, before we got married, we narrated some stocks and did the thing.
She's like, great.
We're just, so, you know, we're moving it from one bank to the other, which means I need to sell them from here and buy them
back from here because the transferring thing is weird, right? Okay. Why are you telling me this?
You're asking me for advice or something? Like you're going to have to pay capital gains and
then you just, you know, reinvest it. No big deal. Um, you're offsetting that. She's like,
yeah, but you know about this stuff. And I go, dude, if you're talking about money that's in
the bank or investments that are in like a bank ledger like to me it's just magic internet money
trust me honey like our like our our uh patrimony i don't know if that's the word in english or
whatever but like the important money is is safe and sound You can play with your magic internet stocks money.
Anyways, I'll just stop and say that wire allows
the world's access
to this thing, which is much
more robust,
usable, flexible,
superior, permanent.
It gives
humanity a fighting chance.
All right. I'll drop the mic
boom dropping the mic i saw william you had your hand of you want to ask a question
yeah i was gonna ask a question to the wire network team but i also want to echo what um
what jamie was saying about kind of uh hiding the wires if you will um that's kind of why i fell
in the deep end space you know like i mean just just helium alone like i've been deploying hot
spots for them for quite some time i mean they have a million cell phones connecting to their
network with no and any and all those millions of people connecting to their network every single
day have no idea they're touching a blockchain protocol because all that matters is the service
it's not it's not the wires behind the service.
They literally just get better cell phone service and that's it.
It just happens to be powered by crypto.
And so I think the whole world is really heading in that direction.
But my question for the team, I guess, is maybe around the fee structure, if you will,
because, I mean, me being in the D-PIN space, we're very focused on revenue, very revenue leaning people. And so I guess just broadly speaking, how does the wire network
make money? I guess to break it down really simply.
We print it.
I love that answer. Oh my God. I love that answer.
Well, William, this is where like node ownership comes into,
comes into play where, you know, when, when Ethereum ICO,
when Solana ICO, like what did they do? They,
they didn't give you a portion of the network to own.
They gave you access to a gas token that you could use on the network.
Wire didn't do that. Wired nodes are actually,
you own a portion of the TPS of the actual blockchain.
And so you get to use that at your disposal.
Like if you need, if you want,
if you have an app that wants,
you want your users to have free transactions,
you can do that.
Like if you want to use your node and
your tps uh which again for people who aren't here it's transactions per second so it's transactions
if you want to um do a commercial deal with a with someone that you know has an app an on-chain
a web3 application you can do a commercial deal with them.
Be like, I have 15 transactions per second.
I will give them to you.
I'll whitelist your contract
and I get X dollar amount
or cents amount per TPS that you use.
Now you have a revenue stream.
So you can either give it away because you want
your users to grow as quickly as possible. And what's better than free transactions to grow your
user base. If you don't need that, then you can say, just like Amazon, like I have a server,
like who needs my server? And I'm going to charge you, you know, an amount for it. You have that mechanism.
Or you don't know anybody, but you still want to have a revenue stream.
If you own a node, and again, I'm using 15 TPS because that's what a tier two node is.
You have 15 TPS of the 10,000 TPS.
That's the full network.
You own that space.
And you don't have anyone to make a deal with, then it just goes to the public market. And so anyone who needs a transaction
will be paying you because you own the TPS. Like with Ethereum, like it goes to, you know,
all those transaction fees and everything goes like the Ethereum foundation. In this case,
it goes to all the node owners.
The node owners actually own the blockchain.
It's just not Wire.
Wire is just...
Wire created the network, but Wire is just a company operating on the network.
We're just one of the biggest developers at the beginning.
That's how you have to look at us.
And so where does the revenue come from from i'll give you a really great example
so and this is real math so the the lowest transaction fee for solana right now is a
fourth of a penny so 0.0025 and it goes up to potentially like a half penny or so like 0.0025. And it goes up to potentially like a half penny or so, like 0.005, depending on the
transaction. So we're going to undercut that by two and a half times. So we're going to say a
wire network transaction is one-tenth of a penny, 0.001. So if you own a node and our network is saturated, then the math literally is 0.001 times 15.
So that's how many transactions per second times 60, because they're 60 seconds times 60, because they're 60 minutes, times 24 hours in a day.
And so your revenue for owning that node at 0.001 is about $1,300.
And then that extrapolates out to a day, a week, a month, a year,
because these transactions don't go away like your your your tps doesn't go away it regenerates every single second so
you actually do own the network and and you can use that however you see fit
i like my answer better thank you man I think I did it better
more succinctly
yes you did Jamie
but thank you so much guys
I love the answer
Crypto Joe
do you have any questions?
I know you do
absolutely
I've got something for the chat
everybody if you were not listening
get out there
check out Wired's nodes,
see what you can do to start generating revenue in Web3 space, support the community and the
growth of Wired. We're all looking for passive income. We're all looking to break free out of
the matrix, out of this system. Huge opportunity with Wired. Really, really appreciate that
explanation. It was amazing. Well, Joe, I want to to say i want to be very specific like it's it's not it will be wire transactions
but i wouldn't look at them as wired quote-unquote wire transactions right now it's like
the entire we're aggregating like what the transactions that are happening on solana
on ethereum on card on like there's already transactions out there.
There's already appetite for transactions.
Those are all going to be aggregated into our universal transaction layer.
So when I say like you own the TPS,
you're going to own the TPS
that all of these transactions that are currently siloed,
we're not creating new transactions.
They're all, before we even create a new transaction,
all the current transactions on all these chains are going to move up in.
So that's where the opportunity is.
It's like you already see that there's, let's call it 3,000 transactions per second that are happening across all these chains like today. They're naturally going to move up into our UTL. So you already have
preloaded transactions that you're going to benefit from owning these nodes.
Absolutely amazing. I didn't even put that into perspective. And then
all I see is the printer turn on.
That is absolutely fantastic, you guys.
And talking about nodes, you guys have raised over $6 million on nodes have been claimed by smart money.
Do you guys want to kind of elaborate a little bit on the three tiers well i'm just gonna say i take issue with the words you guys
raised money i i cry if i had the money to buy these nodes like i would have had i would have
gladly lost my six million dollars into into basically buying printers the the the print the money like
you know there's six million dollars worth of lucky people however many I don't have the details
of them um I'll let someone actually answer your question itself but um but yeah we're raising
money is like when some investor gives us money with the hopes that we are successful, uh, in return for equity or whatever, but like, this is somebody bought a piece of the future with $6 million.
So congratulations to those individuals.
Well,
Will is one of them.
So, I mean, we'll, we'll, we'll our chief operating officer, but he also has a fund.
Actually, the nose really suck. Well, did i tell you these things are useless i will trade you i will trade you my board apes
i thought i was buying some meme coin or something what did i buy
nice wait me too hey i did as well yeah they leave as a tier one note as well i mean but
you guys can speak on like you know what on what the value prop is from your perspective.
Yeah, I mean, it's analogous to imagine you could buy a piece of AWS when they launched.
And anybody that uses your chunk of compute has to pay you.
That's essentially, in a nutshell, what a node is.
And to answer your true question, the more expensive... The overall fee structure is going to be less. what a node is. And yet, everybody wins
because the overall fee structure
is going to be less.
I don't know about the fee structure,
but the more expensive nodes
print more money than...
There's more accessible nodes
and the price you pay
is proportional to what you get in return, which is, I think, pretty cool.
But, you know, as far as what would that's at least a level of understanding that I'd be able to do.
But, yeah, the fee structure, you get to actually, depending on which tier you have, you get to actually decide the fee structure like you can i mean that's just like there's the the possibilities like if the
possibilities with what can happen thanks to wire are just as unimaginable as what the possibilities
are that ai are going to do three years from now like you just can't predict it much the same way
like we used to have way back in the day things called networks these were computers that were
locally connected through by a cable.
Right.
And it was cool because you'd be in an office, you could send a message to your thing, you
guy next to you or, or to your boss, or you can send something to the printer.
Right.
And all of a sudden someone decided, well, what if we take all these networks and we
connect them, interconnect them, right.
To make an internet network, right.
It's called the internet.
And, and it, you you know if you were to ask
somebody back then it's like well why would you do that it's like well because of potential like
potential for what what problem are you solving like well we're not solving a problem we're just
enabling like freaking awesomeness right like this is what wire does and and and then people
that were in like the 60s or 70s or 80s, whenever the internet
was being conceived for military purposes, nobody had the capacity to visualize the potential for
it. And I consider myself one in the unfortunate demographic of people that have been indoctrinated
and I have a certain set of beliefs of what is and isn't
possible thankfully we have younger generations that are going to start using crypto and ai and
all these certain things in ways that they've never had to deal with you know dealing with
chains or having to rewind your vhs before returning at the blockbuster and pay a late
fee like so so they're going to now be able to use this thing in a way that the internet now,
if you ask somebody now what the internet does,
well, Alexa, turn on my lights.
Sorry if anyone's got me on speaker.
Right?
Like you want to turn on your television,
my fridge, my everything is on the internet,
my communication, WhatsApp.
In fact, I no longer use my cell phone
to make cell phone calls quite frankly because
the quality of the cell phone calls is inferior to that of those that i use through whatsapp or
signal or whatever like the internet is now a superior way for me to make telephone calls
than my telephone is right like uh the internet is this such a ubiquitous part of our lives that
we no longer even consider it it is no longer just www.com on chrome it's it's
it's just omnipresent necessity where it's now an extension of our actual like selves and uh and and
wire is unlocking the potential for that by literally taking the analogous thing of a network, right? And making an, well, we already have,
we do already exist with bridges, right?
We're not isolated.
You can actually move coins from one thing to another,
but it's so many clicks that it's just not even worth it.
Like you lose, you're busy making the process,
the actual experience itself,
as opposed to focusing on the product
that you can build on,
thanks to not having to click so many things
or worry about liquidity
or worry about the gas fee
or worry about the thing.
And you can allow these younger people
that don't have like,
that aren't contaminated
with the number go up virus.
And they can actually do something that's awesome because they're going to wake up to a universally compatible thing like chrome which
can open up any website on any place on any device whether it's a cell phone or a desktop or or or a
speaker that sits next to my debt my bed right and and it and it's just that that's what wire is
unlocking and I think one of the biggest challenges that wire is facing, as I started my original diatribe is harder than fixing the problem that they solved is explaining to people just how important it is, and what the potential of the future is. And, and I'm very, very excited to have joined this because I want to be able to make sure that the world is a better
place and I do intend on showcasing it via the uh community and the uh you know Wall Street bets
lives half of it lives on 2.0 half of it lives on subreddits and um discords or telegrams or you know and and they're not to be bothered with
clicks they they enjoy their confetti animations from robin hood right like if you tell them hey
come here to a place where you need to start learning and clicking and worrying about stuff
instead of having a good time it's going to to be hard. Wire now allows like Wall Street best to go global and like a very meaningful fashion.
And I'm looking forward with the help of my notice that like, at least Sam was in here.
Yeah.
Like, you know, we're going to build, we're going to showcase wires to make sure that
people know what it's capable of pulling off.
Oh, I have a, i have a great story i flew
i flew jamie to florida to our office and we went out to dinner and he's like okay what are you
solving and i'm like pull up like get a thousand dollars in your metamask account and then do these
five things and he ended up with 700 i'm like that's what we're solving like it was that yeah
to be clear to be clear all i did was convert the money
send it to my coinbase and deposit into my paypal account okay so just to be clear i didn't mint an
nft i quite literally took usdc like moved it to like usdt then put it into my coinbase and then
deposit it into my paypal account like i lost so much money you You owe me two 50. It was so easy to come. He's like, okay, I'm in. But, um,
the other thing, so I actually just looked it up.
So wire networks are our network is 10,000 TPS.
I'm just giving you guys like an understanding here.
I did just look it up and if you chat GPT,
like currently how many aggregated transactions are happening on chain,
it's, it's about 3000, a little bit over actually. So it's like all those transactions, if you can,
if those transactions can go to heaven, like why wouldn't they? So that's like what wires UTL is.
Like they're naturally going to come up to have a better experience, like cheaper, faster,
more secure. All those transactions will end up coming on chain. It's just going to,
you know, it'll happen. It's like, but where, how do you saturate the rest of your network? Well,
what Will stated is you're going to have all these AI agents coming on chain. And I talked to
David Johnston, who's the, like, you know, the, one of the leaders at Morpheus, which is another
AI project. And he's like, yeah, I do about five transactions
as a human per day. And then I built this agent and I told it to do the same thing that I'm trying
to do. And I just said, go out and do this on your own autonomously. And it did about 200
transactions, like same prompt, right? Like as a human, he gave himself a prompt. And then he
created an agent and gave it the same prompt.
And it was 40X the amount of transactions. And guess what? The agent was better. It was more
efficient. It didn't go to sleep. Whenever there was an opportunity, it arbitraged. It did DeFi
better than him. And he's already an expert. And so it's like, where do these other transactions
come from? It's going to come from the agents like once these agents get deployed and they're all very close some of them
are already out but there's going to be so many more it's going to be just a hockey stick the
amount of on-chain transactions are just going to like not just moon like they're going to go out of
the solar system like that that's what it's going to be like moving forward. Like we're never going back to this.
Like 3,000 transactions are going to be so laughable
like per second in a year from now.
And it's like all of these agents are,
they're going to naturally pick, as Will said,
like the most efficient, most secure,
most seamless way to do their DeFi activities
or whatever they're trying to do.
Wires UTL is going to be their natural choice.
And so the amount we're going to have to actually expand,
like our network is expandable, but 10,000 is our first generation.
I see that being saturated very quickly.
And that's where like the node owners are not going to even have to like go out
and find their own, you know, companies to whitelist. Like if they just allow, if they
just allow their compute to be open for whoever needs it, these agents are just going to consume
all of it. Crypto Joe, before I go to the next question, do you want, I saw your hand up.
No, Empress, you take it away.
That was excitement.
My finger, my, my fat fingers got clicking.
Oh, gotcha.
Gotcha.
So guys, I know that we're wrapping up for the hour, but I do want to ask as a team, what's the most exciting milestone on your roadmap right now?
i'd tell you but i'd have to kill you no okay i guess i'll keep talking i'm like why are you so
quiet hold on did i say something wrong nope no i got this so no it was a loaded question because
it's pretty cool yeah so there's a lot of things. Let's,
let's put it in big picture and then, and then really go back to small,
like we're going to launch the, the universal transaction layer.
Like it's looking like about by the end of the year,
like before the end of the year. So this isn't theoretical.
Like we've built this thing, you know,
we're just tying it all together because that's small.
It's not just, we created a chain and then there you go or
we created this one like protocol like in the no we built the whole thing up and down like so there's
multiple parts of the tech stack that allowed this universal transaction layer to occur um so that's
happening by the end of the year so you know everyone needs to position now for it and that's including other blockchains and applications
uh leading up to that it's like we're talking about universal liquidity in a universal user
base but universal liquidity is going to be key for for like a dex like everyone uses hyperliquid
right now or or others like imagine like where you have all liquidity just ready like the the amount of slippage goes down to nil.
There's no arbitrage opportunities.
You're just able to have a really good DEX experience or a wallet experience.
You're doing a swap or NFTs.
You're doing an NFT marketplace.
what we're doing right now is we're going to start allowing liquidity ahead of the UTL launch to come into the UTL.
And we're going to be incentivizing to do so.
So like if you have, I guess the easiest way to explain it is there's an ETH USDC pair on every type of chain.
So Ethereum MENA has an ETH USDC pair. Solana has an ETH USDC pair on every type of chain. So Ethereum MENA has an ETH USDC pair.
Solana has a ETH USDC pair.
Polygon has an ETH USDC pair, like Polkadot,
like the list goes on and on.
You have to choose like,
you have to choose like what chain
like you think is going to have like the most volume
if you're providing that liquidity.
Like what if you didn't have to do that? Like what if you just added your ETH USDC to Wires UTL and then it
doesn't matter if all the transactions are happening on Solana, like you get a piece of that
pie or you get a piece of it's all happening on Ethereum. So we're incentivizing people to take their siloed liquidity and not have to do anything different.
Do the same thing, but just do it in Wires UTL and get a higher yield to do so.
We're doing that now.
So Solana will be the first one.
So the Solana ecosystem, Ethereum, Cardano, Sui, they're all coming like bang, bang, bang, bang, bang,
system, Ethereum, Cardano,
Sui, they're all coming, like bang,
bang, bang, bang, bang, leading up until
WIRES, you know,
UTL launch near the end of the year.
So you'll be seeing that
ahead of time here in
September, and we'll have
major announcements going into
Token
2049 in Singapore
at the end of September, early October.
Well said.
Oh, my goodness.
So much things happening.
So excited to kind of, you know, see what's next.
So I'm going to be passing the mic to my co-host.
Anything you guys want to add before we close the space?
No, nothing really. I mean,
just really appreciate Wire Network coming on
here. Really appreciate Jamie coming on here.
Just loved learning
about what you guys are building and couldn't be
more excited. So thank you.
Same for myself. Super, super
excited again. Amazing build.
Amazing opportunity. Everybody in
the community, get your mothers, brothers,
uncles, aunts, and
grandmas together, create an equity fund if you don't think you can afford a node,
but make sure you get a piece of the future. Empress, over to you.
Thank you, guys. No, and the team, anything you guys want to add? I mean, everything that you
guys said today was super bullish. And, you know, we're just excited to have some change having some universal,
you know, make it easy to onboard people. And that's probably been the biggest challenge for
for a lot of like people that are kind of asking the normies, right? Even my mother in law keeps
asking the same questions over and over. She doesn't get it, you know, but like Jamie was
saying, like, it's just kind of we got to simplify
things you know um if we're going to be onboarding people into web three uh jamie i do want to give
you the mic anything you want to tell the community before we leave uh yeah i mean i got i can go up
yeah no you don't ask look it's clear that we've met each other in person.
You're lovely.
But at least from our conversation, you don't pass me the mic if you say, hey, we're about to leave.
No, but you know why, Jamie?
I can ramble.
I already know you could bring it, you know.
I can ramble.
I love to listen to you.
Well, thank you.
Yeah, there's so much going on.
Look, you know, from a wire, I think the wire dominated this conversation,
even though it did show up a little bit late.
But I will talk about, and I also spoke about the 40,000-foot view
as far as, like, you know, philosophically potential altruistic better future.
Right.
But like bringing it back to something tangible with regards to what I'm known for and what we're doing, you know, you and everyone in the world can expect for just earth shattering demonstrations of what the res the reuniting resurrection the re
the renovation of the wall street bets community where it's wsb 2.5 it's bringing every like
thanks to wire we're able to now fix the problem and i'll use this I'd like to not repeat myself but this example
is so good that I can't not repeat it there is a GameStop meme coin on every single chain
uh let me remind you the GameStop is the celebration of a moment whereby together
strong was able to defeat the Goliath of Wall, I'll repeat there are 18 or 20, I forget what number I used
a minute ago, but there's just way too many competitive competing meme coins that are like
fighting each other while celebrating that they are together because of these technologically
imposed barriers that they have to live with. these if they if all these meme coins I mean
there's they chose the wrong meme to celebrate if they if they can essentially get together and
actually combine their liquidity and forces and telegram accounts and whatever they would be worth
more than the sum of their individual parts um that that that's wire fixed that problem whereby I will use that meme coin as the analogy
of saying that meme coin is going to stand quite a bit to gain as for any other meme
coins that live on multiple chains that actually intend on uniting with their cross chain,
um, siblings, right.
If they, if they can shake off that tribalistic mindset,
which is infected, you know, the crypto's ecosystem,
where they're very protective of their ecosystem,
and they've picked their football team,
and they're not going to switch.
Once we get past that, you know,
I'm going to leverage that for being able to bring that to WallStreetBets, which itself has gone through a similar version thanks to so many different things.
As the years have gone by, WallStreetBets went from being a niche community you could find here and there.
There's a subreddit, irc chat rooms eventually a discord
now it's this omnipresent philosophy where it lives on 2.0 and 3.0 and it's just everywhere
and so you have this fractionalized and factionalized uh group of like-minded
individuals who are celebrating the same thing i.e or. or e.g., you know, the GameStop meme coin type people,
whereby we can say, guess what, people? Now we have a way to really together strong.
And here's a fun fact. GameStop, when GameStop took place, I believe that the number of
subscribers to the subreddit, if we just take that one as the metric, you know, before GameStop,
there was maybe one or two million people that there was no more than two million people.
I can tell you that.
So GameStop succeeded with a community that still wasn't necessarily that large.
As a result of GameStop and all the publicity, it got whatever.
All of WallStreetBets' instances or locations locations these are in spinoffs right because
you have the satoshi street bets and the silver street bets and you have the thing on the discords
and go to discord you could look up wall street bets there's 18 of them right like you go on
right you go twitter how many people like just so they've all grown significantly. It's fair to say that a 10 or 20x, as far as the numbers, has happened during the last four or five years since that happened.
But we're fractionalized and factionalized and we're not together strong.
And Wire is going to allow Wall Street bets to become together strong at a pivotal moment in our historical time where crypto
is converging with traditional finance therefore creating a complete buffet of arbitrage all you
can eat 24 7 buffet of exploitable arbitrage opportunities where we're able to force the dinosaur blockbusters into changing or going
away um because you you now have 18 different ways to buy bitcoin you can do it through an etf
or through an exchange or through a decentralized exchange or such or you know broker like or futures or different things and guess what
that does because you can also buy stocks on the on the blockchain and you have i mean i'm not i'm
just let you for anybody that's not that that has a technical understanding not just crypto and the
piping behind it but also traditional finance and the piping behind it, but also traditional finance and the piping behind it.
The fact that you now have multiple entry points, arbitrage at its most pure form, okay,
arbitrage means it's an inefficiency and you exploit it and you make money. Most people just think, hey, price discrepancies, right? Which for the most part, that's what it looks like. So we'll
go with price discrepancies. If your understanding of arbitrage today is, look, Binance is listing Bitcoin at $122,000, whereas, I don't know, Coinbase is listing at $121,000.
I'll buy it here and sell it there, right?
Like, let's call that arbitrage.
Well, think about the, and we're going to stick with just the price discrepancies in the example.
And I want to outline that is not the scope of what the
arbitrage opportunities exist uh but if you just stick to that very simple understandable digestible
example of price discrepancies the number of ways by which you can purchase the same thing notice i
said the word ways no longer i said the word brokers right the number of mechanisms that
exist by which you can expose yourself to the same underlying asset is just monumental.
So for those people that like to buy prices here and sell prices there, they have a lot
more ways to do it now.
And, and, and, and thankfully, like to those that understand what happens behind the scenes,
there are much more exciting things to break than simply,
you know,
like decimal points when these things marry and wall street bets is going to
come at the most beautiful time where we can crowdsource the intelligence to,
to truly celebrate unity and,
and,
and just almost a poetic narrative. And also at a very delicate moment
in history where things are going in one direction or the other and Wall Street Vets is going to
make up its own mind. But collectively, I trust that its intelligence will point it in the correct
direction. So that's my closing argument. You can expect good stuff within the next 30, 60, 90 days.
Well, thank you so much. And Jamie, seriously, I could hear you talk for hours. You are a very
knowledgeable man. And seriously, I love how you give a lot of different perspectives.
And it's always appreciated. So thank you for that. And I'll pass it to the team of
wire anything that you guys want to leave off with.
Or do I pick? Or should I pick the wire network account?
I'll say something quick. You you know you have people have read uh
recency bias right and normalcy bias it's like they assume that things can't get better until
it's hard to future forecast it's hard to understand like exponential and so like if you go
back to early days you know when when ethereum out and, you know, there was a couple other, you know, interoperability wasn't a thing.
It's like the only, like, you know, there was no bridges, like they weren't even a thing yet.
The only way that you could get from one coin to another was like going through a centralized exchange.
Right.
And that was even like pre-Binance, like you had to use a whole other,
you know, type of exchanges. It was very difficult to get from like, you know, one,
one coin to another on a different chain. And then, you know, layer zero in, in Chainlink CCIP
and some of these other things come out and it's just like, oh my God, this is, you know,
this is so great. I can, you know, I can finally do X, Y, and Z.
Then, you know, you get the hacks, you get the other things, but it was an upgrade in functionality, right?
Like regardless of, you know, some of the drawbacks.
And this is what wire is.
It's like Chainlink and Layer Zero.
Like, yeah, that was good.
And, you know, it did its thing.
But, you know, before that, it was very hard.
They made it easier.
And now we're the next evolution of that.
Like, you know, thank you, you know, bridging and everything else.
Like, you got us from zero to one.
But what's going to get us from one to ten?
That's where WiresUTL comes in and creates like the next like huge upgrade,
which is what wild talk,
what we'll talk about is everyone gets to upgrade their infrastructure.
It doesn't matter if you're on Ethereum or if you are Ethereum or if you're
even the chains,
like from the chains all the way down to the dApps to the users,
to everything,
this is an upgraded,
like everyone's going to upgrade their infrastructure and actually be able to compete with even the Web2 dApps that are out there. Like blockchain
is no longer going to be a hindrance. That's what Wired does. And so from that point, I think we
have the strategic advantage from an industry. It's better over here than in Webtoon. We finally get to have that battle.
Thank you for that.
I mean, I could see this being powered by everything.
And I think like a lot of the projects
and I am getting DMs from some people had to get involved.
The best thing that I always tell people
join the spaces that they do.
Follow the main account. Also follow everybody here in the panel. Obviously, everybody's a great
representation. Oh my goodness, I can't even speak anymore of the Wired Network. And with that said,
guys, I wanted to just kind of tell everybody we are closing the space and also the I'm going
to be picking the winners after the after the space but I wanted to thank each one of you guys
that joined today I really appreciate all of you guys coming and I will be looking through all the
questions today too as well I know the community is always asking more.
If we can answer those,
I'll definitely send this to the team.
But thank you guys for joining
and I'll see you guys on the next show.
Bye everyone.
Thank you, Empress.
Thanks, Empress.
Bye everyone. Thank you.
