And we are here with yet another episode of Jia Dinh Gritts to this
We are going to start a little bit late this time.
to this piece. We are going to start a little bit late this time. Please stay tuned. Let's wait for
some more members to join us so that we could quickly start. Have some hot coffee till then.
I hope you guys had your coffee and please let me know if I'm audible. Just raise your hands, guys,
if I'm audible. Am I audible?
Okay, so let me just start then. Welcome to Jyad and Groot's Twitter space. Today we're gonna
dive into an electrifying topic. So you guys might have gone through the topic. What's the next big
crypto narrative? And of course, it's renewable energy. We are going to discuss about it. There
are a lot of crypto narratives that we are going to see in the future and one of them is renewable
energy, green energy. I'm your host Rima and we've got a stellar lineup of people joining us today.
John Schred and other team members won't be available here but I hope I'll get to
have a conversation with speakers who have joined us today. So I hope to talk with you guys about
our crypto narrative. Okay, so let's just kick things off by exploring the intersection of the
crypto and the renewable energy world. Like how are these two worlds conversing and what
potential benefits do we see on the horizon of this? If you guys want to come over here,
share your thoughts, then you guys are most welcome. We know that the next big crypto
narrative revolves around the sustainability as we have seen a lot of issues when it comes to
environmental depletion. Whenever we talk about Bitcoin mining and lots of other things that
involve blockchain. So we know that cryptocurrencies are evolving and the focus is shifting towards
environmentally friendly solutions and projects are emerging that leverage the renewable energy
sources just like reducing the carbon footprint of the blockchain operations. So it's just like
an exciting era for the eco-conscious investors and there are a lot of projects that have come
into the wave and then a lot of blockchain developers with the expertise in the green
projects as well. So yeah, that's how it's going on and we have stood up here to align with this
narrative for the sustainable future for the green energy. And like these days we have been
witnessing a lot of surge in the green cryptocurrencies as well. So we can't deny
with the fact that the green narrative, the renewable energy narrative gonna just line up
very quickly. So yeah, like if you guys want to discuss about it, give your opinions about it,
please do come onto the speaker panel and let's have some chat. It's Sunday and
let me tell you guys that Sunday is never a boring day since it's a weekend but it's still gonna be
boring because like tomorrow is Monday. So we always stress about this Monday thing. That's
the reason like most of us we do kind of feel energized on Saturday evenings or Saturday night
and we kind of feel okay a little bit of like stressful on Sunday evenings or Sunday night.
That has happened to me actually personally but still I would love to have a conversation with
you guys. Please come onto the speaker panel and let's have a chat. I think there is someone
online. Let me just add him or her to the speaker panel.
Looks like there is a Jack. Hello Jack, our very regular listener. Hello Jack, are you there?
Hello. Hello Jack, can you hear me?
Hello. Hello. Yeah, sorry, I was speaking without my mic. Welcome to this piece.
Yeah, thank you. Thank you so much. You were the only one. I'm sorry, please go on.
I was just saying that it's a great topic and I'd love to try my thoughts on it.
Yeah, thank you for that. Actually, you are the only one who have requested onto the speaker panel
today. So I had to pull you off because probably today is Sunday and like people are a bit
hesitant to come over here. But still, I feel like we have like experimented with everything
like organizing Twitter species on weekdays or like on Mondays, I suppose. But we haven't
done it on weekends. So I just wanted to see the influx and how people would react, whether it's
going to be boring or not. Yeah, it looks like decent amount of people have joined and even if
they have not, I mean, it's a great discussion to have nonetheless. So I'd be happy to try my
thoughts. And I'd love if there are other people who would come and join the space and would share
their thoughts, because it's always about, you know, going our community and I'm all in for
GRN grid. So yeah, just sticking with the projects, sticking with what the team is building
and trying to, you know, have fun at the same time. Yeah. Yeah. And thank you so much for being
such a regular listener of such a regular community member. And like your feedback means a lot to us.
I'm invested in the project. So why not? Yeah, you are an investor as well.
Okay, so yeah, let us jump into the today's topic that we are going to discuss about the next
big crypto narrative. And like we know that it's going to be renewable energy as well, right?
We know that like we are witnessing a surge in green cryptocurrencies, like a lot of green
cryptocurrencies these days and which integrate the proof of stake mechanisms and like energy
efficient, conscientious algorithms, right? So this innovations definitely has aim to make the
crypto mining the most important issue at the current scenario, more sustainable and aligned with
the broader goals of the renewable energy adoption. So what you take on this, like how long do you
think it's going to take if you are like familiar with this topic? Yeah, I think I, like I said
before, I think it's a great topic. Talking about crypto narratives is very important as we progress,
you know, much deeper into the crypto space because once you enter into the crypto field,
it's very important for you to understand how the projects here work. So usually, you know,
in every cycle, in every bull cycle, at times in bears cycle, you see certain crypto projects
which are following certain narratives popping up and you know, making huge gains and you know,
people loving that narrative. And for someone like me who has been in crypto for a while,
I really just want to jump in just wanna, you know, try to find out the next narrative
from you know, from two, three years from now, because I think it's really important as an
investor, if you've got some stables on your hand, if you're always looking to just
invest some money and forget about not huge thousands of dollars, just some hundreds of dollars
and you know, just find some solid projects of the next big narrative that you think are coming,
you can end up making huge gains. I can actually give an example of you know, how
I stumbled upon a few RWA real world assets project back in 2021 when no one was talking about RWA.
It is you know, like the tokenization of your real world assets where
you know, like it's still a very much a fresh narrative. People are looking to invest in
projects like Seapool or you know, there are tons of others, I can hardly recall the name of one
right now because of my poor memory. But the point here being that you know, if you invested back,
if you went back to 2021 when the BA was sitting in or even in 2022 when BA was at its
top or let's say in the past year, 2023, even if you invested in these RWA projects when
the narrative was not that fresh, you'd have made huge gains. So, I do believe you know,
that finding narratives is really cool. It's a really you know, it's a really great thing that
you can do to yourself as an investor and I believe renewable energy has a great potential
primarily because climate change is one of the biggest issues of the world
that we face although you know, some of the people in the US consider it as a whole. But
we know it's true. We see that summers are increasing in length in some countries and
winters are getting colder. We see the intensity of climate getting harsher in certain regions
of the country, in certain regions of different countries. So, climate change is a real issue.
So obviously, if you are in a field or if you are in a field which works on
massive computing services where massive amount of energy is generated, which at times is equivalent
to the energy generated by some small countries, then obviously there's going to be pollution.
Like people claim that the computing services that are being used to generate energy for
Bitcoin mining or you know, other proof of work crypto coins out there, all of them are generating
massive amount of energy which is you know, which is not clean and which eventually leads
to some extent of pollution. So, as we progress into 2030s, 2040s, you'll see or even in the
late 2020, like this decade that we have, we are going to see huge revolutions and huge trends
in the favor of products which follow renewable energy. So, I do believe that it is a very,
it is like you can bet pretty easily on this renewable energy narrative, maybe not in this
full cycle as much as you'd like it in the next cycle or even in the next bearish cycle to come.
You know, renewable energy is a great crypto narrative to have your eyes on and if you
can find the leaders or even if you can find five to six coins which are doing different things in
this RE ecosystem with different use cases, with different algorithms that they use to
run blockchains, you know, that's pretty impressive. You talk about GRN grid, it has its
own proof of stake method which is and the whole explanation of it that is given in the white
paper on the green paper, it's absolutely impressive. If they end up making something
like that, you have solarium which is another, you know, great RE project which I think works
on proof of generation which is pretty similar to how G works but I think they have some different
algorithm when it comes to generating energy. So, you know, it's pretty good that if you end up
finding coins which set up the RE narrative and you could be early in earth. So, I believe
this could be the next narrative to come in the coming time just like we had AI narrative,
just like we had gaming or metaverse narrative or just like we had, you know, other narratives
like RWA etc. So, yeah. Yeah. I think it's a great narrative and you can always end up
finding some cool projects if you do your research. Yeah, absolutely. That was a fantastic
like feedback. That was a fantastic explanation, Jack. And whenever we talk about like you talked
about the adoption as well, right? How the cryptocurrency is driving the adoption of the
green energy. So, like they definitely are incentivizing the adoption of the green energy
in several ways. We have seen this a lot this times. And we also know that the cryptocurrency
provides a financial incentive for the renewable energy producers as well. Whether we call it a
solar or green farms, right? They can like sell the excess energy to the cryptocurrency miners at
a very like premium price. So, with this, like this provides kind of new revenue stream for the
renewable energy producers which just like what we call incentivizes them to invest in
more renewable energy projects. That has what happened. That's what we get to see.
For example, we can see that in Texas, like one of the what we call
I guess Texas is the largest cryptocurrency mining states in the U.S.
So, like where the mining operations are done, this like solar farm provides the energy to the
cryptocurrency mining facility owned by this Bitcoin mining company as a whole. And
with that, we also get to see that the cryptocurrencies are driving the development
of the new green energy projects at the same time. Like the high energy consumption of this
cryptocurrency means that they are always in the need of more energy sources. And this has led to
the development of the new energy projects such as like geothermal plants and so on, right?
So, like cryptocurrencies are like driving the development of the what we call new energy
storage solutions as well. That's what I meant. And energy storage is definitely
kind of critical for the renewable energy sources, which like in the same place like
cryptocurrencies require a constant supply of energy that have led to the development of the
new energy storage solutions that are more kind of cost effective at the same time.
So, yeah. But at the same time, we can see a lot of like benefits of the intersection between the
cryptocurrencies and the green energy as well. So, it's just like when we like take this in
consideration, then it's just beneficial for both industries and environment at the same time.
We are just like looking at the both aspect. So, in that case, for the cryptocurrency industry,
the adoption of the green energy definitely provides the overall solution to the
environmental concerns associated with the consumption at the same place. So,
this means that the cryptocurrencies can continue to operate while minimizing their impact on the
environment. That's the narrative, right? That's the narrative of the renewable energy as well.
So, that's what I meant. And like this days, not this days, but like we have seen
the rise in NFTs in 2021 as well. So, I'm not a big fan of NFTs this days, but like
it's definitely a hot topic most of the time. And do you think this non-fungible tokens are
contributing to the renewable energy narrative as well in crypto, if you are aware about this?
Yeah, okay. So, those were some pretty big statements that you made. And I think it's
really important that we dissect them one by one. So, first of all, you gave the example
of how solar energy is being used to run Bitcoin mining machines. You don't need those
massive energies like other sources of electricity, generation energies that basically run on Bitcoin
that basically end up running the Bitcoin mining machines. You don't need those. You already have
a solar energy or other forms of renewable energy that you can utilize to end up generating
electricity and then end up running Bitcoin mining machines. But still at the end of the day,
the point being that the computing services that the Bitcoin mining machines run on
kind of generate a network of energy that can be harmful for the environment. And that is something
that the renewable energy projects work against. Like if you talk about GRN Grid, they're proof
of stake. We do algorithm where they validate data via different green validators, which
end up running nodes and which end up making sure that your blockchain runs smoothly and full
of security. So, it's pretty important that the algorithm that the blockchain functions on,
which is proof of stake, we do for our proof of consensus, we do for GRN Grid,
that has to be very important when you compare it with Bitcoin, which entirely works on POW.
But I'm not saying that Bitcoin is going to end at the end of the day. It's not. I mean,
Bitcoin is your parent cryptocurrency. As I cherish that Bitcoin does well, I hope that
Bitcoin does great. And I really hope that we see some massive growth in the crypto space as
a whole. But I'm just talking about the fact that renewable energy projects have to have a piece of
cake in this crypto space eventually. Why do I say that? Because they are a direct competitor to
almost all the blockchains that exist out there right now. You look at Bitcoin, it is proof of
work. You look at other proof of work coins. Then you look at even proof of stake coins. They
end up using computing services, maybe not as massive as Bitcoin. But still, at the end of the
day, those are not, you can say, necessarily entirely following the narrative of renewable energy.
So, there we have the difference. And that is why I believe that this narrative is going to run.
Yeah, of course, you can always choose the methods, choose the electricity generation methods
for Bitcoin mining machines, which could be solar energy, which could be other forms of
energy like wind energy, hydro energy, and all sources of energy, all sources of renewable energy,
which ends up reducing the pollution even for the Bitcoin mining machines, but not greatly,
not vastly. The concept of a new blockchain, which is entirely run on renewable energy sources,
that is the narrative that we're talking about today. So, I thought it was really important
that we dissect that part. And secondly, you talked about NFTs, the known fungible tokens.
I mean, you can see, if they run on a blockchain, if they run on, you're seeing that recently
Bitcoin, there is this new layer of the Bitcoin chain, which is called the ordinals,
and there are NFTs being run on it, and the whole DeFi is starting to storm out on the
Bitcoin chain as well in the form of ordinals, which I think adds a massive amount of energy
requirement on the Bitcoin chain as well, which is pretty harmful if you look at from the aspect of
a blockchain that is running on fossil fuels or massive computing services.
So, NFTs, it entirely depends on the blockchain that those NFTs are being formed on. If they are
being formed on the ordinals chain, that's pretty harmful if you talk it from the clean energy
perspective. So, if we end up, if GRN Grid ends up releasing its main net by the end of Q1,
or even in the beginning of Q2, and maybe we start seeing some progress, and if we could make
tokens or coins on the GRN Grid, and if we could make NFTs on the GRN Grid, those would be entirely
derived on a blockchain, which is run on renewable energy sources. So, it entirely depends on
what kind of energy is the blockchain being run on. So, that is how we dissect the NFTs part
that you just mentioned. So, overall, I believe, because we are heading into a world where climate
change can tend to have a ton, can tend to have tons of issues, the narrative of renewable energy
relatively sits well in the current market or in the coming market, and you all should have your
birds in GRN Grid, because there are not many projects out there. If you go and search
RE projects, you're going to see most of the coins which have only, you know,
bullshit ideas, not many investments, like GRN Grid has great investments.
It has great partnerships all over Europe. The founders are absolutely brilliant. They have
worked on different ideas. They have great, you know, they have great collaborations,
they have great connections. So, that is why I'm betting on GRN Grid, not because that it's
just an idea, but also because the people that are backing it, the kind of partnerships that it has,
and the kind of partnership that you generally want to see in the other renewable energy projects,
that is very important if you have to look at it. You can go and start looking at different
projects which have, which follow the renewable energy criteria entirely, but you, you, you,
it is very, I think it is very, if you look, if you find, if you go and find project which runs
solely, solely on renewable energy, I think those projects are going to be very less.
Then if you go ahead and look into the, their founders, I believe most of them are rookies or,
you know, just sharing their passion for clean energy and are, and don't have massive
experience in the clean energy sector. So, I believe those are just startups while some of
them can progress while others can fail. So, maybe a couple of projects already have
their blockchains out, but those are not very functional because they don't have massive
or a good financial backing or, you know, great founders. So, that is why I bet on GRN Grid,
because number one, I believe that RE narrative is not maybe the narrative. For this cycle,
all the people have eyes on it, but also because it has great founders behind it,
also because it has a mainnet launch in this quarter or maybe in the coming quarter. So,
I have my eyes on GRN Grid and I am an investor in it and, you know, I hope it does well.
Yeah, yeah, we, it's definitely going to do well, Jack, because like, as we know, like how
the narrative works in the space, right? And with this narrative, we have got a really,
a few projects who has done really well and with this sort of like reason and just like
experiments that we have been doing so far in the, it's not only the blockchain,
but like the thing that our team has been doing practically as well. Fred, one of our
director, he's been in this sector since a lot of years. He has been debaunting his
like career into the renewable energy sector and John and so many other members on to,
like, who is on our team, right? So, we are definitely going to make that change and we
are not only focusing on the price action right now and we are just like focusing on building
the blockchain in a very peace way so that we could, we could just like be there,
be there to just like prove ourselves in this, in this crypto space, right? So, that's what our
goal is and I'm so glad that we do have people like you on to our community and investor, early
investor like you on to our community. That's a good thing for us and thank you for believing us
and on to our project as well and talking about the NFT platforms. I've learned that the NFT
platforms are embracing the eco-friendly practices, right? With the lower energy consumption. That's
like you have pretty much explained some time before and some are even exploring the carbon
offset programs just like tied to this NFT transactions and so on. So, yeah, at the end
of the day, it's just like about creating a positive impact while enjoying the unique aspect.
So, that's what GRN Grid is doing as well and at the same time, it's just important to balance
the scalability with the sustainability as well and it's just like so encouraging to see the
collaborations and a lot of like things between the crypto projects and the renewable energy
initiatives these days. We started a couple of years ago and we are still here like with all
our goals and business set and we have seen like a lot of investors are like increasingly considering
the environmental impact and this would definitely like shift creates the opportunity for the
projects that align with the GRN principles at the same time. That's what I believe as well
and yeah, like that was pretty much like a good discussion with you. Let me just pull another
speaker here since like he has been requesting for some time. Let me just pull him to the speaker
panel. Him or her, the name seems like he. Okay, hello.
Hello, Kishana. Hello. Hello, am I audible? Yes, yes, you are audible.
Welcome to this piece and how are you doing? Yeah, I'm fine.
Okay, so would you like to put your thoughts on today's topic, anything you want to discuss with us?
Jack is here as well. Do you think GRN will be one of the main tokens of the renewable energy
in the future? Yeah, yeah, we definitely believe that Kishana. We definitely believe that since
we have started this project with this belief that we are going to lead to the RE sector.
So with our narrative of green energy and sustainability and with the sort of work
that we've been doing off guard as well, we are definitely going to come into the mainstream.
We are going live soon. Our blockchain is going live soon, like this year, Q2 of this year. So
I believe that the G tokens are going to do the best and it's going to just like
be the exemplary token on our narrative. That's what I believe. That's what our team believes
as well. And our communities would believe as well, so that we could just intact with our goal
and reason. I have another thing, how do you think that GRN blockchain will change the ecosystem?
Yeah, I mean, that's a pretty good question and tricky question at the same time.
As I told you, like me and Jack, we discussed about the interactions and what we call the
collaboration of the crypto projects and renewable energy and how the people are adopting green energy,
green blockchain these days. So we have heard about a lot of narratives these days, whether it's
whether it's AI narrative or like a lot of narrative goes on and goes off at the same time.
But when it comes to green industry, the adoption of the cryptocurrencies just like provide a new
revenue stream and new market for the product. And this just like this incentivizes the whole
development of the green energy projects, which will definitely help to reduce the world's reliance
on fossil fuels and just mitigate the impact of the climate chains. And that's what we are here
for. What's the GRN grid is here for? And we know that the environmental benefits are always
significant and the adoption of the green energy by the cryptocurrency industry could just like
reduce the carbon emissions and help to mitigate the impact of the climate chains at the same time.
And in addition to this, also the development of the new energy projects that's going to run
onto the GRN's blockchain and the energy storage solutions will definitely create the jobs and
provide to both the local communities at the same time and local economies at the same time.
So we believe this is the reason a GRN blockchain can change the entirety or it's just going to lead
onto the crypto world. Hope I will be able to answer that.
Yeah, you're most welcome Keshana.
Okay, so okay, Jack, do you have some more things that you would like to add up or some more things
that you want to discuss or any other speakers who want to come over here and just like
have a conversation with us, discuss us. We know that it's a Sunday night, Sunday night,
Sunday evening. Most of the people might have gotten exhausted and super worried,
super stressed about tomorrow, going to the work and just like coming back to those weekdays,
boring weekdays. But still, I just wanted to see how people are doing in this weekend,
in this Sunday evening. Let us share our thoughts related to the next big crypto narrative,
renewable energy. If anyone wants to discuss, then you guys are most welcome. Jack, would
you like to add something? No, I think I'm good because I think I've already consumed a lot of
time and if someone wants to come and chime their thoughts on that would be great. I think I'll
just listen to you guys now. Yeah, that's perfect. One guy has written on to the comment
section, Guy or Girl. What's your favorite crypto narrative right now? I would love to listen
from you. Okay, so I mean, I don't look at one narrative. I look at multiple narratives and that
has been my play for some time now. For example, back in 2021, I was not just looking at RWA,
I was also looking at AI. Although AI started to get relevant back in 2021 because of the
chagevity, you know, the AI ecosystem started running well, FET was already out there. There
were some AI tokens already out there, but I just don't look at one narrative. I look at multiple
narratives and I discovered GR in grid, I think in 2020, late 2022, probably. Yeah, so the idea,
because I was exploring the RE narrative at that time, so whatever narrative comes to me,
I'm just going to study it, I'm just going to find some good tokens in it, and I'm going to throw
some hundred dollars into it, not huge capital, but a few that I can, you know, emotionally,
that I'm not emotionally dependent on, and I'm just going to let them ride. I don't care if
they fail, I'd be very happy if they do great, because obviously, I see the potential in them,
but I don't invest in one narrative at the single time. Right now, the narrative that
is running hot the most is I think gaming, gaming tokens are getting way, way, way too saturated
right now. So I think that's the narrative that you kind of should stay away from right now,
or if you want to invest, then you should look for some really good gaming tokens out there.
Apart from that, looking at solid AI projects is also a plus. You already saw how BitTensored
the token with the ticker of tau has done so far. The OLS token with the ticker of OLS
has done pretty well as well. So if you want to look at great AI tokens, go out and search
for them. But I think AI coins are getting saturated as well. But as the technology evolves,
AI will evolve as well. So AI will always be, you know, out there in the hot crypto narratives
out there. When then, you know, there are RW narrative, I think RW and RE narrative,
these two narratives might not be that hot right now. But when we move into, you know,
a few months from now, or even the peak bull when people are trying to find into new narratives,
or trying to make those new narratives out of thin air, I think these new two narratives will
start to gain some momentum, which will, you know, which will and that'll, you know,
increase when we move into the coming months or years. So yeah, I'm pretty bullish on the whole
narrative as a whole. So like I said, I look into multiple narratives and not just one.
Yes, I agree with that. I completely agree with that, Jack. I mean, during the last cycle,
we have experienced many trends, right that have led the market and just the cash inflow throughout
has caused some projects to grow extremely well, like extremely strongly, whether it was DeFi or
Gamify or Metaverse or NFTs as a whole. And also like, and many people have been quite
fortunate to just change their lives after a short term, short time by following these trends at the
same time. But in my opinion, like the trend that would never go off is RE, renewable energy.
And I'm not saying this because I am the member of the project. I am like,
I am invested in the projects that I've been working right now. But it's because of the
sustainability that we see in this narrative. And whatever trends gonna come, whatever trends
gonna stand, gonna make this market stand out, we would definitely look into it. And
yeah, yeah, that's what my thought is as well. Like, there is no any short of favorite narrative,
but it's just like, you need to follow the trend and just like, make the things in the same way,
just like make the things go in the same way. They're just following the trends. Sometimes
the following the trends would not be that good idea as well. Whenever you are is like
investing on some sort of project. You need to see the like sustainability aspect as well.
Suppose let's see NFTs, how long this gonna last? Or is our this NFTs trend gonna be there
from like, like 10 years from now or even more years from then? So yeah, that's what I believe.
That's what I believe. So yeah, thank you for your question. The question was by
Daman. So guys, thank you so much for being here today. I think we have come to the end of this
session today. It was quite fruitful session. Like two speakers have participated today. Thank you
so much guys for just coming over here and just like making your Sunday bit.
Just like entertaining one, right? So okay.
We know that the time flies whenever like we are exploring the future of the crypto and renewable
energy. So before we wrap up, anything you guys want to share, please do let us know. Or you can
just like DM us on our telegram as well. We are always there, very interactive. And yeah,
the future is always bright, sustainable and decentralized. Thank you to Jack and Keshana
and everyone joining us to this enlightening Twitter space. Until next time, keep an eye on
the intersection of the crypto and renewable energy. It's just like joining worth following.
That's what I believe. And that's what we GRN Grid team as a whole believe.
Stay tuned for more exciting discussions from GRN Grid. Bye-bye. Take care.