Crypto Made Easy - Cross-Chain spaces featuring leaders from IOTA, AZERO, HBAR, XRP & More (Part 1)

Tune in to hear about leaders in the IOTA, AZERO, HBAR, XRP & more ecosystems talk about what happened in 2022 and what is coming up in 2023. Additionally, the panelists speak about how networks can work together to break silos and work toward a multi-chain paradigm.

Transcription

Genfinity – King Solomon – Founder & CEO
‍Again, guys, if you're just hopping in, we have Aleph Zero up here today. We have, Iota up here, we have Hedera Hashgraph, and Hbar up here, as well as XRPL, so, and Serenity Shield. Huge shoutout to Justin for hopping in tonight. So awesome to see all you guys up here. All right, so I'm gonna kick it off. I mean, we'll definitely be on the lookout for Anthony when he comes up as well. If you guys aren't aware, um, you know, we do these spaces every Wednesday at 5 p.m Eastern time, or at least most Wednesdays at 5 PM Eastern time. The goal within all the Genfinity Twitter spaces is really to try to break down silos across multiple ecosystems, educate the community in a way that is just easily understandable for people that are interested in crypto or people that are already here to learn about ecosystems that they may have heard about and to learn about ecosystems that they may not have heard about yet. And want to give a huge shoutout to Serenity shared, one of our featured projects, as well as Swirlds, as well as Pre-IPO. Before we get kicked off here, Sarah or Sadaff, we could post something from Pre-IPO if you guys aren't aware. Alongside the Lighthouse report, which is free for the community, and kind of an agnostic view across the entire crypto ecosystem, we're facilitating a guide to series 65, which essentially is providing financial literacy in a free way for the community where hopefully they can get through four or five months worth of learning, take their series 65, potentially be sponsored by one of the 15,000 registered investment advisory firms in the United States, and then not have to deal with the financial thresholds that are normally represented within becoming an accredited investor. So, with that being said, I definitely want to welcome up to the stage we have Rafael and we have Matthias from Aleph Zero. I believe we also have Anthony coming on, we have Adam from Iota and Shimmer, we have Justin as well. I kind of want to kick this chat off with some of the Aleph Zero aspects, and I know you guys have been making tons of waves in the crypto ecosystem right now. Can you give us a little bit of a heads up around, you know, with zero knowledge, what that represents within you guys' scalability and privacy hand enhancements within the layer one that you guys are facilitating, and that you guys have launched?

Aleph Zero - Mateusz Raczynski – Marketing Manager
‍So yeah, basically the idea was to create a new layer one that would solve the three of them, and that was the original idea. Our Andy worked on, you know, combining scalability with security and decentralization. So we did that through our own consensus that's named as pfp, and the tests were really promising. So, you know, we reached really high number of TPS, but we are not that, you know, used to that, so we just mentioned that these were tests and we hope to see such numbers on the main Nets once the smart contracts are alive, but we don't need, don't want to, you know, promise anything. So we are just, you know, just doing our thing and seeing how it works. And for the Z-cape stuff, it's more like a layer two to our protocol. So we have the scalability on layer one and, the layer two is used for privacy framework. So it's the ZK will be used for shielding transactions, but we want to do this in a way that is compliant with regulations. And on the other hand, we have MPC, which we want to use to run smart contracts on which private features. So, for example, we can hide parts of the transactions so users can keep their competitive advantage, but they can, you know, run this in a programmatic way and not only on the transactions like peer-to-peer way. So yeah, I think that's the basics of it.

Genfinity – King Solomon – Founder & CEO
‍Yeah and how important, I mean, you talk about, the zero knowledge proof aspect. Can you, can you or maybe Raphael like give a really kind of layman's term description of what zero knowledge proofs represent within, within web3, within crypto from your guys' stance? That'd be awesome.

Aleph Zero - Mateusz Raczynski – Marketing Manager
‍So yeah, the zero knowledge, this is kind of a tricky tag. But so, so what does this mean for crypto? It's or what is it? Let's start with that. So this is a way of sharing that, you know, a thing without sharing the thing in basic terms. And you can do that by generating a proof that you can send to someone. And he, by seeing that proof, he can verify that you know, did this thing, but you know, you could keep the data private. And this is the, the basic layer or the basic answer to that. And it's really complex concepts that also is complex to execute in crypto. In web3, we are actually we are really advanced with our developments around that. And we still are really our heads are down to, you know, thinking about how to do it in a way that will be really would have really simple UX. And it's not that easy, I can tell you, because, you know, the computations are complex. They really are quite they consume a lot of computational power. The users have to get the used to, you know, to do new way of using that. So it's through the not the simple, but we believe that, you know, it's a way of getting the price, the levels of privacy that we have in real life. So we want to have that also on public blockchains.

Genfinity – King Solomon – Founder & CEO
‍Yeah, yeah. So I mean when we talk about like zero knowledge proofs, I mean, I think for everybody down there, you know, really it's like the minimum level of verifiability you know that you would need to participate in an action. So you know, are you in, are you a man, are you a woman, are you a United States citizen, are you in Europe? You know, there's and then you start scaling that out based on what actions users might want to use within these platforms and ecosystems, um, which I think is certainly what you mentioned which is where it probably gets tricky. I did want to, you know, real quick because I think we hopped into the questions, I would love for, for you, Mateus and for MJ to give maybe just a background of yourselves in the Aleph zero ecosystem. And then we'll move, Adam background of himself and the Iota and the Shimmer ecosystems as well. So, can you tell us a little bit about what you do, kind of your history in crypto and web 3, and how you got involved in the Aleph zero?

Aleph Zero - Mateusz Raczynski – Marketing Manager
‍Yeah, so I was actually one of the first employees in Aleph zero, and I am doing marketing there. I'm the marketing manager, and yeah, so I'm taking care of all the stuff. Also, I'm working a lot with Anthony, our co-founder, but he's, he has a really similar background to me. So, yeah, we are doing this since 2018. We started in the bear market, and we kept building back then, so we are not that new as a company, but the research parts took quite a lot. But yeah, I'm just doing marketing, and my focus is mostly around content, but I take care of a lot of different stuff.

Genfinity – King Solomon – Founder & CEO
‍Awesome. Yeah, and Raphael, if you could give us maybe an overview of yourself in the Aleph zero ecosystem, that'd be great.

‍Aleph Zero - Rafael – Community Manager
‍Yeah, yeah, of course. I started working with Aleph zero probably back in 2020 or 21, yeah, 20, and I started as a Canadian member, right? And I was very engaged in the community, and after all, I start being a community manager. They hired me to be a community manager, not only on telegram, but also on Discord and on Twitter as well. And recently, I'm also working in the development of a business developer as well, connecting with potential partners, wallet integrations, and so on, so forth. So that's my experience with Aleph zero, and I have been in crypto for a while, since 2019, but in Aleph zero since 2018, early 21.

Genfinity – King Solomon – Founder & CEO
‍Yeah, I could give you a gigantic shoutout. I mean, from the community and business development aspect, and a huge shoutout to alephsuper on Twitter as well, you know, with ecosystem growth and development within a Labs here. I mean, you could look at KYC digital identity with gate knocks or lending and borrowing through CLST or gaming and metaverse through dark first, and you know, ledger integrations, oracles, wallets, decentralized exchanges, NFT marketplaces. There's been, and you know, even, uh, you know, CEX's socialized exchanges. You guys have made a ton of headway in a really short amount of time, I believe, and you guys can correct me if I'm wrong. And then I want to definitely get over to Adam here. You know, I think mainnet for Aleph zero launched in late, it was a late 2021, and smart contracts last year. So I want to get into like forward-looking statements, but are those dates correct as far as mainnet and then as far as smart contracts because if I'm looking at all of the integrations and it's just amazing to see what you guys have accomplished and probably not the most ideal of market scenarios as well.

Aleph Zero - Rafael – Community Manager
‍Yeah, the mainnet was launched in November of 2021 and we actually, that's exactly what we are focusing right now. We are putting a lot of attention and priority in developing the ecosystem, okay? And with a great Project being part of the ecosystem, and with that, more people are going to eventually join the community, and also providing support to those people. So that's what we are prioritizing right now, developing the ecosystem, bringing good projects, good developers to the ecosystem. You know, if that tried to grow the community more and more, to create a great impact, right? That's what we'll see. In regards to wallet Integrations and partnerships, we try to make it as accessible as possible to the average user, right? Not everyone is an expert in crypto, has a lot of experience, and with that, we try to have as many partners as possible that can actually make things easier for the average loser, right? That's one of the things that we are focusing right now. We recently have an integration with Fearless wallet. We have a few partners with Talisman wallet, we also have the sub wallet Nova wallets. All of that, we're doing to make things easier for the average user. And so, that's actually answering your question. That's exactly what we're aiming for the next few months.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and to give a shout-out to everybody up here and listening right now, Twitter was rugging pretty hard today, so if you guys want to share this Space to get more eyes on it and ask some questions down in the chat, that would be fantastic. I know that I was a little bit concerned, probably an hour and a half ago, I'm like, I can't even see my own tweets, let alone hop into a Twitter space. I want to introduce up to the stage, we have, and I think we have, actually, we have Hashport down there as well. I would love to get you up here as well from the Hedera ecosystem, but we have Adam who is also dealing in ecosystem development through the Iota ecosystem, as well as Shimmer Network, which is, you know, kind of the onboarding aspect into Iota 2.0. So Adam, if you could come up and tell us a little bit about what you facilitated within the Iota ecosystem, as well as a little bit of your background in crypto and web three, and how you got here.

IOTA Network – Adam – Business Development
‍Yes, sir. So hey, everybody. So my background in crypto, when I actually started working in it, was in education, actually. I was working at this startup called Z5 where we would write educational stuff, kind of like bringing the layman into crypto, and it with the focus around the main region. So everything was written in English and Arabic, and I was making course content and editing articles and thinking what do people need to know to get into crypto? And then I jumped into Iota. It's actually just been a year now, and I've been doing broadly Business Development stuff, so a lot of similar stuff that what was just said. I do. I've dealt with wallet Integrations, trying to get Fiat on-ramps on there, getting us listed on exchanges, expanding our audience into places like Asia and Latin America, anything that sounds kind of like business Development.

Genfinity – King Solomon – Founder & CEO
‍Yeah, that's fantastic, and it's interesting because we also have two ecosystem structures that are built out on DAG, are essentially using DAG technology. So directed a set of graphs. So if you guys can maybe, I don't know who's gonna take this question, but anybody can kind of raise their hand and maybe take this question. We talk about a lot of different, consensus mechanisms in crypto. Whether it be proof of work, you know, things like Bitcoin, or you know, now proof of stake, which is, you know, with the merge with Ethereum. Can you give a little bit of an overview? And same thing with,  Hedera you know, Hedera's a DAG. So, can you guys give an overview from the Elrond perspective or from the Iota standpoint? Just give, like, maybe a little bit of an explanation of why an infrastructure that is, you know, built out on consensus using like DAG instead of something like proof of work or whatever that may be from a scalability, a sustainability standpoint would be great. I will, I'll ask, let me ask, let me go with Rafael, as far as you know, the speed, the sustainability of building out within the infrastructure that you guys are, versus something like proof of work.

Aleph Zero - Rafael – Community Manager
‍Yeah, I'm not the most technical person in here, but I will, I will give my thoughts on that. Actually, we see that the TPS, right, in the finality, is more important than transaction per second per se. And as we already achieved a very high number in during the test phase, and with that, we see that more than capable to cover, most of the use cases that are coming to our network in the next few months. So basically, answering your question, uh, yes, with, with, C, and we think, uh, that the current TPS in finalities is enough to cover what we are thinking bringing to our ecosystem the next six to six months to two years from now.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and I have to give you guys a shout-out. Today, you guys just mentioned integration with Kudelski security, joining the ecosystem. I know recently you guys have won a Polkadot parachain slot. I also in a recently forty-five thousand accounts on mainnet. These are gigantic milestones. How important is it to really, you know, branch out from the Elrond standpoint into other ecosystems, you know, dealing in interoperability? You know, obviously, you guys are going to be dealing, in substrate networks such as Polkadot and are there plans throughout this year to potentially expand out the Aleph Zero interoperability with other ecosystems as well?

Aleph Zero - Mateusz Raczynski – Marketing Manager
‍Yeah, I think I can answer that. So that was always the plan. We believe in the multi-chain world, and you know, we always said that we will integrate with other chains. It's another unnatural step forward for that is you know, integrating with Polkadots because we also use substrate. So yeah, we need the power chain slot allows us to build a bridge to the Dotsama ecosystem and of course, we are aiming to bridge to Cosmos to Ethereum, most importantly, and I guess, other networks in the future. So, it's, you will definitely see, you know, us moving forward on that front. But right now, we are really focusing on the core product. But I'm not saying that, you know, we are the team, it is quite big right now, it's like, levels 40 people or 50. If I remember the last numbers correct, so, you know, we are working really on all the fronts simultaneously. So yeah, I think this year we should be also, we should be also able to connect to other ecosystems.

Genfinity – King Solomon – Founder & CEO
‍Yeah, I should also ask, Adam, and speaking about, you know, the Iota ecosystem and you know what Shimmer represents within, Iot we know that there's kind of the Ethereum Virtual Machine aspects. We know that Iota 2.0 or maybe some people don't know because I've done the work and trying to formulate these questions, but can you touch base on where Iota has been and where Iota is going in this year and some of the milestones and achievements that you guys have, you know, reached and where, you know, where you're heading to this year as well?

IOTA Network – Adam – Business Development
‍Yeah, sure thing. So, the way we think about Shimmer, partly is that, okay, well, actually, let me start, at the most basic thing. Shimmer was originally created as a carbon copy to the Iota maintenance, and we applied upgrades to the Shimmer Network, and so it is in the sense a staging Network for all the upgrades that will help decentralize Iota and also some other upgrades that kind of bring about the vision of what we want. You can think of it kind of like a, like a, I, sorry, Polka Dot Kusama type relationship, where Kusama still has value, it has a little bit different parameters. Their governance is faster and stuff like that. Likewise with Shimmer, there are things that will happen on Shimmer first, for instance, smart contracts. So, the Iota domain net, the DAG, you can send value and data transactions, can't do smart contracts. Same thing with Shimmer. The Shimmer mainnet was released last September, and then we gave an upgrade, this what we call a stardust Upgrade, which allowed because it's a UTXO model allowed a specific type of output, and one of these outputs is a, it's called the Alias output, it allows us to kind of anchor blockchains into our DAG structure, and the first of these is called the Shimmer EVM. This will be coming out in the next couple months, so this will be the first time that Iota well, I use Iota and Shimmer here kind of interchangeably sometimes because the communities overlap heavily, first time that they will have access to smart contracts, and we already have a bunch of teams building on them, from the community and from other communities, like a lot of people from Phantom and BNB, and one from Polygon, I think, wanting to port over and kind of be part of, a new environment with it. So, that's kind of how the relationship between the Iota main net and Shimmer main networks. There's some you talked about milestones some of the other milestones are, if anybody knows about Iota, they probably know about the coordinator and maybe corticide, which is the removal of these kind of training wheels for this network, or this kind of safety or guard rails, or however, whatever metaphor we want to use. This progressive decentralization of Iota, in general, will happen on Shimmer first. So we will, go to essentially like a distributed Coordinator where there's multiple ones that are acting together, kind of like a multi-signature thing. You can think about it, maybe. And there are also the modules of corticide, when they kind of, they will be on the Shimmer main net to be validated to make sure that we can push them or we may have to tweak them and move them onto the the Iota mainnet. So, to simplify, in the next like five or six months, Shimmer is going to kind of be most of our attention and then shifting from there to, our kind of grand vision of where we want Iota to be.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and I mean even within the Shimmer network site, I mean you can kind of get the cornerstone statement within that, Shimmer represents a fearless parallelized dag ledger to secure and create fully customizable smart contract chains, a staging network to battle test all future innovations for the Iota protocol, the tokenization framework guaranteeing full interoperability, composibility, and fearless value transfers between smart contract chains, aiming to make Shimmer truly scalable multi-chain network. The native token of, Shimmer obviously is SMR. And, you know, battle testing, improving out iterations, to, you know, if you're not aware within like the parachain structure, the canary network structure of something like Polkadot with Kusama, or you could even look at parachains with something like Flair and Songbird. I mean, this is kind of the step forward that it looks like Iota is taking to really kind of drive forward decentralization, utility, and value in a way that can be like you guys have it right on here, battle-tested to bring on to, you know, kind of the, you know, the actual mainnet of Iota as well. I did want to give an introduction up here today to Jesse from Hashport. You know, one of the things that we always talk about on these spaces, is trying to create synergy between different ecosystems, ledgers, or chains. We do have Iota up here today. We have Aleph Zero up here today. We have Hedera Hashgraph as well. So, would love to bring Jesse up. I know that you guys have just reached another milestone, Jesse, with Hashport, with integrating two additional ecosystems.

Hashport - Jesse Whiteside – Director of Business Development
‍So yeah, yeah, thanks for having us on today. Yeah, we just added optimism and arbitrum over the past week to go along with Ethereum, Polygon, BNB, and Avalanche. And so now, between those six networks, you know we're really trying to bridge out, obviously, and connect, there are to the broader DLT space, and you know, as things progress with the network, I really think, and you know, as the ecosystem, the web screen ecosystem in general becomes more and more aware of the features and functionality, not only of Hedera but dags in general. I know we were just briefly talking about that before, you know, dags offer there's a couple of things with dags one, you know, there is a lot of variability with dags just like there is with blockchains, but there's also a host of, you know, performance and security benefits that do come with dags, and you know, having 100% finality is something that we are leveraging, obviously, with Hedera's consensus service to enable our bridging solution, and so I just think over time as the ecosystem becomes more aware of the, you know, the same way the systems become aware of blockchain and its benefits, dags and ecosystems, you know, like Hedera and Iota and Alf zero, I think are going to become more come more and more into their own with their unique value propositions, and so we're doing our best right now to, you know, connect out to the most popular ecosystems and platforms to enable users and developers, you know, of all sorts who might want to come, you know, across and try a new ecosystem, and obviously, you know, extremely high performance and security benefits of the Hedera network, and just enable that for everyone. So happy to be here and happy to answer any questions.

Genfinity – King Solomon – Founder & CEO
‍Things that we that we consistently talk about is trying to, you know, number one, create synergy between ecosystems as well as breaking down some of like the community barriers because most of the times that we that we do these types of spaces or interviews and we talk on multiple different networks or, you know, layer ones or whatever it may be. Everybody's kind of saying, you know, very similar things. They're providing value in a uni, you know, not even in a unique way in a way that needs to be represented for mass adoption of crypto assets of web three. Looking at the way that the, you know, real mass adoption occurs to usability. So I would definitely recommend like we have like, you know, three different, networks up here right now whether it be Hedera, Iota, or Aleph zero that everybody kind of, you know, makes relationships within these Twitter spaces because you know, they do sometimes take a little bit to facilitate and put together. I'll ask, let me ask you one more question, from the Hashport standpoint, from an onboarding standpoint to be able to interoperate within the Hedera ecosystem, whoever it may be like what are some of the benefits for some of these networks to come in and how difficult really is it to facilitate that onboarding process and what are the benefits on from that standpoint as well from like a liquidity standpoint or whatever it may be where it's not just a one-way street because we talked about this before.

Hashport - Jesse Whiteside – Director of Business Development
‍Yeah, you know, I really think it falls on a case-by-case basis every network is obviously unique, and so you know, depending on what the technical lifts and implementations look like, I really will dictate, you know, the path to implementation. You know, we're open to working with any and all networks and platforms and dapps and developers, so you know, it's never something that's out of the question. Enable you know, the web 3 ecosystem in in you know every which way possible, and I think you can see that a lot with what Hedera is doing, you know, with Swirlds Labs and things like that, that the Leemon's doing with D-Rec, which is basically decentralized recovery. If that's something that gets solved, I think it's, you know, something that that will enable not just Hedera but pretty much every web3 platform out there to be able to remove one more of the barriers to having, you know, widespread mass adoption of web 3 platforms and ecosystems. And so I just think it's a, it's a collaborative process, right? It's, you know, everyone's learning from one another as we go through this. It's funny, I was watching a crypto, I guess web3 influencer earlier today who did a short video that was basically talking about, you know, how easy it is to attack one another but in actuality, the space is so small right now, even when you know when we're inside of it we think it's so large that that we're all in this, you know, in this giant movement together and you know really working amongst each other I think is the most beneficial for everyone because you know Hedera is also looking at obviously implementing the JSON RPC relay and having, um, you know, full EVM composability and compatibility over time, and you know being able to leverage something like the Hedera Consensus Service which we're doing obviously for Hashport with it with our nine invalidating members. You know, every message or reporting request that comes in is signed by the validators and logged by HCS right away, but that's something that could be leveraged as a tool across, you know, many different networks and I think I think you're going to see that over time, um, especially with state proofs and different things like that that could potentially come to the forefront. So it's just, there's so much stuff in the space, it's so exciting, and you know, a to your point, you know, always happy to have conversations with, you know, all these wonderful people here.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and I think the one thing that we, you know, and I wanted to give a shout out to and I want to ask Adam too from Iota, but we see like, you know, in certain networks there's a very, there's a driven mindset based around like co-op edition where it's like let's drive the networks forward, you know, as a whole, but I think also breaking down barriers and making, you know, fundamental onboarding into web 3 and crypto easier for like the mass consumers like is very important and maybe there needs to be like a co-opetition aspect between these networks as well where we really do break down silos between different ecosystems, different layer ones I wanted to give a shout out, and I know maybe you have your hand too. I wanted to give a shout out to Aleph Zero because I know also you guys just recently announced that you guys have your first NFT marketplace, which I believe is Art Zero, which is a really, a really slick name. And what we've seen like in certain ecosystems is that like community members come on and just start building on these networks, you know, tools and services that you know not the main team might necessarily build, but tools and services that they would want to utilize. Can you talk about, uh, from the Aleph Zero standpoint, like are you guys, from the NFT standpoint, how excited you guys are to see kind of the first iterations of a marketplace for NFTs, you know, being launched, and what you guys are looking forward to in the future for, um, the NFT aspect of the Aleph ecosystem?

Aleph Zero - Mateusz Raczynski – Marketing Manager
‍Yeah, so you know, NFTs were quite important last year and or almost two years, and they are really gaining traction still, so it's, you know, it's still important to have a product like that. And, you know, R0 is the first one. We don't know how many we will have them in the future, but, you know, that's definitely one of the directions. But, as you said, we didn't build it. Since we are building a permissionless platform, you know, anyone can hop in and deliver the solution to the chain, and, you know, find users to use it. And we believe that's R0, we'll definitely have some cool features for their users, so yeah, I think, you know, we are also mostly focusing on the aspects of using private smart contracts and enabling the privacy aspects to also, to NFTs, to defy, and other aspects like that, but yeah, you know, so the NFTs are a really important part of the whole wide Aleph ecosystem, but we are exploring, you know, multiple different use cases totally.

Genfinity – King Solomon – Founder & CEO
‍And you mentioned, at the onset, privacy, you know, aspects and the ZKP stuff, the zero knowledge proof stuff, as a layer two on top of that. Like, what are some of the use cases that you're that you're most interested in from that regard to be building on top of the Aleph Zero ecosystem?

Aleph Zero - Mateusz Raczynski – Marketing Manager
‍So, you know, the whole concept of private DeFi is really interesting because what you're seeing, for example, in big corporate transactions is that they often happen, for example, over the counter or some similar way. They can create some dark posts or, you know, there are different mechanisms around that, so they can perform a large transaction without the markets knowing about that, and that leaves them, you know, as their advantage. And this can be a business advantage or it can be even critical to their business. So, you know, in blockchain, when we have all the transparency, that's not that easy to achieve, so this is something that we want to bring to that space. But that's like one of multiple use cases. The other way, the other one, for example, would be wherever you are dealing with private data like healthcare data or I don't know, identity, and if you would do that, for example, asks us an NFT, you also wouldn't want everyone on the chain to know about your health status or whatever, so you would want to, you know, have parts of that hidden. So, this is also a nice use case to that. Also, NFTs, I've seen some use cases like, you know, you can create NFTs that have the content of them are known only to the holder. So, this is kind of a cool use case to that. So, there are multiple ones of that and you know, we'll see what the community comes up with because that's all that we are trying to do here. We just want to create a tag and make them use it.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and I want to get to May here, and in one second, but I want to ask Adam from Iota, being the schimmer and Iota 2.0 are coming up. I know you guys are kind of forward thinking within some of the use cases that might be built out on Streamer that could be integrated into Iota directly as well. What are some of the things that most excite you guys from a community standpoint with some of the new functionalities that can be built on top of Shimmer that could be integrated into Iota moving forward in the future?

IOTA Network – Adam – Business Development
‍Are you referring to community-based things like things that people are building on Shimmer in general?

Genfinity – King Solomon – Founder & CEO
‍I mean, so I, whether it be new functionalities that could be utilized from it from Community Building or new Enterprise use cases, I mean, really just kind of what you're excited about within that new iteration of value that you guys are representing.

IOTA Network – Adam – Business Development
‍Yeah, so we actually, in the past years, we were heavily focused on Enterprise use cases and only recently have we decided to kind of expand our remit to include more web 3 sounding things. Mainly, this was because when you have a partnership with someone like a Jaguar Land Rover or Dell or something like that, they, these business cases, they might take five or ten years to materialize anything, and we saw this reveal preference for web3 essentially. And so that's why I had the kind of pivot into this as well. So if there's going to be big Enterprise things coming on our tech, it's probably not going to be us building out. Like, we help out with the expertise, and we do this currently with a couple projects, but we have some like dmrv is one of the really big projects that we have, which is a digital measurement and remote, oh man, I'm messing up sacrament, so it's like, it's like doing or like remote sensing and Edge Network stuff of, like, you want to make sure that a power plant is only giving out so much. You have a sensor to see, like what it's, what it's, oh not output, but what its emissions are, and you set up a bunch of like little tiny sensors, and they essentially use a network that they can fire a bunch of really, fast and small data too. We were earlier talking about the advantage of dags and parallelized processing, and this is one of them. And so these things are always exist, and I think many of these will become more viable once Iota 2.0, it's because we have a very big tokenomic upgrade of how everything is going to work there. And then there's just like community projects in general, which were probably very familiar to everybody here, is how any of these apps work, whether they're gaming gaps or derivatives platforms and stuff, but I won't belabor that point. I think everyone knows what I'm talking about there, but those things are also very exciting for me too because it'll be the first iteration of our community doing stuff like that.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and I think we've seen a consistent narrative from enterprises, which is very interesting. And if you look at where enterprises are really building, I mean yes, we see things surrounding Bitcoin because of liquidity and because of you know market cap, but mainly because of liquidity, um. If you look at like enterprise-grade distributed ledger technology, a lot of these enterprises don't want to necessarily be first of the table with use cases, but they definitely don't want to be last, so they just, they just like want like a seat at the table, um, to see what's to see what's possible, and they start putting out these testers and everything else. So, and you guys, you know, from the Iota standpoint, I know how many massive partnerships you guys have, and it's been really interesting to watch, Alessia from the dag ecosystem as well, um, really start to, you know, begin building out these real enterprise use cases on top of um, what they're doing as well. I want to give um May a huge shoutout. If you guys aren't aware, May is obviously the head of HashPack. They've built out some well, essentially the number one wallet on Hedera, as far as you know how much flows through HashPack on a daily basis, on a monthly basis, and then real usability where it's not necessarily even in time even just about Hedera but like forward-thinking utilities to really build out usability for mass adoption and crypto where you talk about like well private and public keys well let's just do email login, you know, and just those forward-thinking statements and then actually doing it. So, definitely uh, welcome up to the stage May and the floor is yours.

HashPack Wallet – May Chan – Founder & CEO
‍Yeah, I thank you so much for that lovely introduction. I just, this is a really great space. I love what Adam was talking about dmrv which I had to Google, digital measurement reporting and verification, and I think that, yeah, you're welcome. I think that that's a really cool and practical use of a public ledger, right? Because that's not something you can do on a private database. It's something that has to be visible, has to be trusted, and you know, having these kinds of enterprises see that, that's going to be the future and start experimenting and looking into that. I think that that's really where the future is going. I also wanted to give a shout out to Aleph Zero, which was one of the first blockchains or not blockchains, but DLTs that I had on my list back in when I got into the space in 2021. And like A0 was one of the ones that I was really excited about, and I loved the white paper, I loved the tech, and I just, it was very early back then. And now you guys have your first NFT marketplace, and that's fantastic. So I love to hear that. And the reason why I raised my hand, and I hope that this is like a consistent message that I'm kind of trying to push here, is just that Hashport was talking about Co-opetition and like working together across the different ledgers, across the different L1s. And I think that, you know, when we had like 2021 and like even before that, the kind of thought around crypto and Web3 was like crypto is very tribalistic. And if you're a Cardano fan, then you're going to say bad things about Solana, and if you're a Solana fan, you think you're going to be the Eth killer. And I think that this space has really matured over the past year, two years, where we're now seeing that it's not about being the altcoin, it's not about being the killer of another one, that everybody actually has a place here, and that all of these people that are excited about their chains, about their DLTs, are excited about the things that those L1s are doing, and it's not in exclusivity to what everyone else is doing. They're just excited about what's happening and being a part of that. And I think that as we go into 2023, 2024, and especially as the next bull market comes, we're going to see a lot of cross-chain platforms that are going to start bridging it, where you're now not worrying about specifically the chain that you're doing, but rather you're just being connected to all of the NFT projects, and you're just gonna buy your NFT that you like, and that project that is building on that specific chain does it for their specific reasons, but the fan has their actual experience made so much easier by the things that we're building in the space to make bridging easier, to make buying things easier. And I know that there's a lot of SEC kind of stuff around there about like KYC stuff that makes it more difficult for us. But I think that as builders and as people that are enthusiastic about Web3, I think we're going to fight back and make it easier and easier to get into this space, and that's basically where I'm excited about. We're going to get our grandmas and grandpas into the space, and they're going to start just like making an account that is secure, that is protection from scams, but then they can start buying those NFTs that, you know, then bring in those real use cases like I don't know, ticketing and other things like that, and I think that that's really exciting. So just happy to be here, wanted to just push that original topic of working together and love to hear it.