XRP, HBAR, VET, QNT, XDC Massive Cross Chain Spaces - Hosted by King Solomon ft. HashPack

In this Massive Cross Chain Twttier Spaces hosted by Kong Solomon and Genfinity. Leaders from various crypto networks including XRP, HBAR, VET, QNT, XDC talk about the various things affecting and coming into the space in the coming year. Join the conversation and learn more!

Transcription

Genfinity – King Solomon – Founder & CEO
‍All right, so I'm gonna kick this off, guys. We'll try to get bashing up here. Um, and once Galileo comes up, we will also do that. So, yeah. I mean, to those of you guys that may not have joined these spaces before, the Genfinity host. Um, we try to keep them as respectful as possible. Uh, we generally try to make them cross-chain or cross-ledger, uh, to try to create you know just synergy within multiple communities. Uh, today, super excited that we have, um, we've got a bunch of people from the from the Hedera ecosystem, we've got VeSea representing Vechain, uh, we've got XRPL representation from XRP Cafe at Kai from on XRP. We might see a drop in from Quincy from the XDC network, uh, Galileo protocol, which certainly has crossover, um, and multiple ecosystems, you know where we're talking Quant, Ethereum, Polygon, XDC, uh, Serenity Shield, so secret Network and uh, Solana, and um, it's pretty cool. I mean, with I was looking at the archetic integration as well with the uh, I always miss announced but Uniris, um, yeah. So we're just gonna kind of run with it here and I, I wish all the panelists up here. I hope you guys all had a happy holiday. Uh, how's everybody doing? Is everybody ready for 2023 and for 2022 in the uh, the bear Market aspects hopefully to end.

VeSea NFT Marketplace - VeChain
‍Can't come fast enough, although you know, I don't know if you've seen the Tweets, we're seeing a little bit of a resurgence over on the VeChain side. It feels, uh, it's feeling bullish over there, breaking some records on volume floor is going up, everyone's uh going crazy.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and I'd love to hear, um, Brad, you had a really good a couple really good tweets and I don't know if Sadaf if we could find them or if you could find them from VeSea, and I'd love for you.

VeSea NFT Marketplace - VeChain
‍I hope it's not my mean because I'm really good with memes.

Genfinity – King Solomon – Founder & CEO
‍No I mean you had a, you had a tweet that you put out on January 3rd that um is really kind of a year in recap for VeSea, which was which was pretty awesome. I mean it's a threat of just tons and tons and tons of uh how you know confirmation how much you guys have really been building and then I know you had another one with network growth, I think there was like four x, uh, Network growth, I was looking at some of the statistics trying to nail them down. Can you tell the community that like that that may not be so like aware of like VeChain from an nft perspective, um, you know I think right now what I saw on that there was like 57 or 58 collections or something, maybe just give like a little bit of a background like why did you decide to launch on VeChain, um, and what's kind of been your experience thus far, and for those of you guys that aren't aware, you know, I've tried hopping into some of the spaces as well whenever I get time. Like there's a ton of synergy like in thought between all these communities, especially Hedera, um, and the HBAR Community with VeChain, so go ahead Brad, the floor is yours, like tell us a little bit about VeSea.

‍VeSea NFT Marketplace - VeChain
‍Yeah, thanks for starting off with me, I guess, um, yeah, um, I would say the our inception is born out of being a believer back after the um, the original art original on my original uh bull run back in 2017 2018. It's been initially found out about Vechain then event coin uh, got a bunch of stuff believed in the Enterprise Vision right for those who don't know VeChain is a uh permissioned public blockchain so the validator set is uh 101 nodes that's approved by the foundation so it's a smaller validator set which allows it to operate a little more efficiently but it's meant to be bolstered by the foundation which has connections with uh bnbgl, PWC, a lot of these big four auditing firms so that it can meet regulations and onboard uh big businesses and serve Enterprise use cases right, it's like boring stuff but that's its goal right? snitches its supply chain is the meme that everyone remembers to be chained for which is it's tackling right, um, so I aligned with that Vision uh, I wrote it down into the The Depths, I wrote it back up this last year or this last season I guess and uh, in the middle of all that, you know I started getting engaged with crypto again, saw the fun that was being had with nfts on Ethereum, I was collecting over there and still believing in VeChain and you know had my bag and uh real estate thing that I was doing on n uh Ethereum, collecting doing stuff you know was totally possible on Vechain because it was now a Layer one but the community side had never really developed over there right because everyone because of it being a permission chain, I think the General market sentiment was just like okay let them do their thing and you know, I don't know if that's familiar or similar to a lot of these other chains that are business focused but you're like you know Algorand, Hedera maybe even, I'm not sure but you just you say okay the foundation or the body that's starting this stuff is going to do the Enterprise Partners they're going to do the things and like you know we don't need to do as much work but all of a sudden you know we said you know we can do stuff and there's no reason we can't Do stuff so we picked up some shovels started building uh originally started with a collection and like when I tell you the community side was pretty Barren, I mean it was it was pretty bare and we launched the very first collection first original generative collection on VeChain called we call them V Kings for Vikings because there's Vechain has a Norse mythology alignment to it so we thought it was kind of cute, Uh we did that and when we launched the collection did our own mint the app and everything, there was no marketplace for us to land in it's like all right well we'll make a marketplace then we made the marketplace and then there was, there's always been a strong community around VeChain, they just never built or did anything, so like you know, the reception was there, we minted out a full 10K, like you know, we it was all exciting, but there was the land was Barren as far as tools and development went, so you know, we built the marketplace and teams kept coming to us because there was people there, and they're like, there's nothing here, like help us, so then we started doing a launch pad stuff, so then it became V Kings, the collection created VeSea the marketplace which then turned into VeSea the launch pad helping these other teams do their thing and we did that for a while, uh, until like we realized we were starting to push a lot of collections out there that weren't equipped to further themselves and because the land was unclaimed basically across Vechain, there's a few other um people out there building but not much right, we have a couple dexes and we have um a couple of nice tools like Safe Haven and there's another Marketplace, there's actually two marketplaces two other marketplaces now um well we kept pivoting into this this area of like I come from the the Degen roots right, I call my stuff was pfp stuff, I understood the mindset, I understood the crypto Twitter meme culture and like I knew that's where the draw was, so um we kept we kept pushing our platform into servicing that specific user like there's the art there's art platforms like Rarible and those but we wanted to do something that was finely tuned and very pointed at um the degen culture if you will.

Genfinity – King Solomon – Founder & CEO
‍Yeah, you guys you guys even have like the from look and I know that Sadaf or somebody if they're pinned like the urine growth, I usually try to take little Snippets from it, you guys had so much in that thread but it was like impossible for me to try to take Snippets the one thing that I that I did note was like um even like a chat application for users with non-length socials so like really trying to create that Synergy within uh the community, I think like these are the things that are really going to propel forward like you know mass adoption of marketplaces and mass adoption across communities as a whole where it's like we start breaking down some of these barriers and you know one of the first barriers that really needs broken down across the board is communication so um yeah, and I didn't mean to interrupt you, it's just like it, it's been really awesome like you walked me through like personally like to set up a VeSea account and to do all of that in a Twitter space like a month ago and then just even looking at the application it's like super super slick dude, so I mean Kudos and um yeah, I mean I wanted to I want to come back a little bit because we have so many people up here but uh, I know Patches you've been talking to Patches uh over the past month and Patches is I saw your tweet from like a week or two ago Patches said that 2023 is the year of the turtle uh Patches can you explain a little bit about that the year of the turtle aspect and if you guys aren't aware I always do insanely in-depth introductions for Patches has built out, um, you know, Moon shells, Turtle Moon, Hgraph punks and Hgraph io. Hgraph IO, essentially graphql, um, really streamlining the um the data querying aspect for people building on the network to the point that even Hedera uses it at this point in time. So, um, I'm curious, uh, Patches can you talk to us real quickly just like what do you think the year of the turtle means? What's coming?

TurtleMoon Tools – Patches - Founder
‍Yeah, um, I love hearing you know VeSea's background, I feel like a couple people on the stage might have the same trajectory because that almost exactly defined how we created TurtleMoon, you know, created punks, oh there's no launch pad, okay tournament launch pad, oh there's no promo code minting, there's no um voting, there's no ability to get um you know collection data on volume, it took 18 hours to get the collection, like you know market cap volume of Hgraph punks, so we built an API that we could do it in you know three to five seconds. So, um, yeah, that trajectory in that story, I think resonates with a lot of people and it's really cool to hear. Um, the reason why I said the year of the turtle is we had um three all-day meetings um about planning on what we're trying to do and our focus. You know, if anyone has heard me talk, I'm not a maxi, I really do believe in the Hedera technology, but at the end of this, it's not going to be one network wins them all and everyone else falls away. And so, what we're focused on is utilizing the best parts of Hedera with the understanding that the cost is pegged to USD, so you know, every transaction uh to Hedera consensus service is one thousandth of a penny so you can you can map that out on a quarter if you're an enterprise and using the greenness, the speed and the security to supplement friction points of other blockchains. So, if you're on Solana and you're building a staking platform and you can't guarantee that linear time stamps are going to happen for someone who's starting stopping staking, you can use Hgraph IOs SDK for um staking and it will just you know the wallet will be Phantom, how you pay out will be in the SOL, you know either fundable or non-fungible token but we can log all of those things on a consensus service that's fast, secure and doesn't go down so that the again supplementing some friction points that other networks have and developers have, we really see a giant opportunity to bring mass adoption of Hedera to other networks to again enhance their user applications and bring value to their customers.

Genfinity – King Solomon – Founder & CEO
‍I think it should be noted, um Brad can you can you tell everybody you know there's no gas fees on um on VeChain from an nft perspective.

VeSea NFT Marketplace - VeChain
‍Yeah, and I honestly should have distilled basically everything down to that, it's just another blockchain doing stuff but the thing that keeps us here is they have the enterprise stuff that that is unique and one of those things is called fee delegation so like our marketplace pays for all the gas for everyone that mints transfers uh buys sells whatever they don't have to have any crypto in their wallet whatsoever for them to interact with the chain. And we think that's a pretty big enabler.

Genfinity – King Solomon – Founder & CEO
‍Yeah, I definitely want to get to uh Cafe and on XRP as well, um first. I did want to give a shout out, I know Marc from HashPack that you're not feeling too hot today, but um HashPack has made a ton of waves over the past couple of weeks, um kind of the email sign-in aspect, iOS launch over the past couple of days. I know Kevin Cage gave you guys a shout out from a wallet aspect, which is which was really cool to see. Kevin's like one of the dudes that I've consistently talked to over the past four years in this space, uh just a great guy and then um on top of that, you know what is that experience been like to launch on iOS because I did see that there's you know there's some initial caveats to that with workarounds for being able to actually facilitate launching on iOS because of all the potential restrictions like secure trade and some of these aspects you know are going to be worked and processed. So kudos to you guys, do you want to give us uh maybe a little bit of a breakdown about the past couple weeks sure because there's been tons of announcements.

HashPack Wallet – Marc Ugas – Director of Operations
‍Yeah sure, sure I'm happy too, yeah so um basically I can start with the iOS stuff which I think that probably a lot of people um have either experienced it before or kind of know the way that Apple approaches things. So obviously one of the biggest things that we do within the wallet is so we have token Association, secure trade, um, in-wallet swaps, in the browser and Apple, um, I mean this whole thing kind of started with coinbase that they kind of raised their hand and said okay like why is Apple trying to charge 30% for gas fees which is something that you know you just simply can't do and our CTO over the past how has it been like a couple months since we first released our beta has been going back and forth with Apple and they really just, it's just tough to get them to understand because for them it just worked up until this point but I mean at some points they even try to make us pay them thirty percent of the token Association which is those five cents that you have to pay for Association associating certain tokens so it's definitely it's still a work in progress, I feel like Apple will have to eventually find a way to get around this or we will and all the other applications are building web3 um but yeah no that was that was very exciting, it was a huge milestone for the team we've been working very hard on that application and finally being out was it was massive and then on the other aspect was that um the email sign-in which is something that everyone was super excited about we had been talking about for out close to like nine months or so and it was just a matter of finding out okay so like what how do we do this in the most secure way and how do we make it so the user experience fits all types of backgrounds so like if you are you know create you know crypto expert or whatever like or if you've been around for a while like we still want to give people the power to be able to create an account and have their private keys and do us do what those if they will, um but also like we want to be as inclusive as possible of those people that want to dabble in web 3 but maybe don't have that full um background or completely understand how to properly custody their keys right, so we introduced um email signups through magic link and it's really been it's been incredible. I mean this is one of the big things that was preventing web 2 Brands to really start exploring web 3 because for a web 2 brand that their users are not crypto native it's very hard for them to teach them how to secure their wallet so that's something that's super exciting um and yeah I mean um we've been really working hard to put it to push it forward and then we've had a couple more releases and there's a lot more things coming down the on the Pike but yeah that was kind of the primer in that.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and I love like you know in one of these future ones um to get you guys on here with May to really kind of dive down into the depths of what that email sign up really does represent because it does um it acts as kind of it removes the buffer that you need from a knowledge standpoint um that really kind of like increases like usability so that people can come can literally come on and create a wallet without having to necessarily have to deal with kind of what they would normally have to deal with and there's probably pros and cons within that but I would love for you guys to dive deeper into that.

HashPack Wallet – Marc Ugas – Director of Operations
‍Yeah no and I mean the main thing is that it remains non-custodial um and neither us or so us as HashPack or magiclink has you know they we never see the private keys so only the users like if a user wanted to transfer their uh wallet like they would still be able to retrieve their private keys in a secure manner and also an additional security features that you can add two factor authentication to log into your wallet which is something that um a lot of people have been asking in the past and uh so we listened and we decided to include that in as well so. But yeah I do agree with you I think it breaks a lot of barriers that web3 had and it's a massive step forward to really get to that mass adoption that we are all hoping for.

Genfinity – King Solomon – Founder & CEO
‍100%, and before we kind of get to the open forum section of this like I really do want to welcome up um number one surround Sheranity Shield because I know Nicos you might only have like 30 35 minutes left um and also uh Galileo protocol but Serenity shield and Nico's like obviously uh one of the featured projects within uh Gennfinity so it's awesome to have you guys up and you're always welcome um you guys rolled out the 2023 uh road map as well and I just applied a couple of things within it so the first thing I flagged was kind of the archetic integration which certainly if you look into like, and I'm gonna bastardize this name again, by the way. I think it's you is it on Iris or uniris, I can't pronounce it.

Serenity Shield
‍I believe it's Unitus, but it could be United's, a really emotions the French team, so they probably pronounce it different to you and I as well.

‍Genfinity – King Solomon – Founder & CEO
‍Yeah, so certainly tying into the digital identity and the biometric aspect for security, but then also the actual decentralized application launch. And then I look through the road map dude, and I saw metaverse on there in Q3, so I want you guys to walk me through a little bit of the road map and again, kudos, it's awesome to see you guys rolling, um or you know a really amazing kind of road map out for this year, um what's been the experience leading you guys up to this point and what are some of the things that you're looking forward to most in 2023 for Serenity Shield.

Serenity Shield
‍Yeah sure, I mean, look, first person, firstly off the bat for anyone that's not aware, some people who will be heating sit in shoes for the first time to keep this short, I mean what we're essentially trying to aim for this year is to put Serenity Shield on the map, raise awareness for the brand and what we're standing by is our personal data storage solution on chain. There's been various attempts in the past doing this, a lot of people trying to do it through cold wallet storage, and in different means for us. It was a large blockchain problem that we wanted to tackle using blockchain itself. And I guess 2022 for us was always a year of exploration, it was a year of development, a year of finding ourselves, and and kind of defining our brand and our run-up. The great thing that the bear market allowed us to do, and we've spoken about this before is allowed us to take a step back, take a kind of deep breath, and really as a team start thinking about the future. We are maximalist for blockchain, we're Maximus for cryptocurrency, and we believe in the longevity of this space, so for us, the special development that goes with trading in the market generally hasn't really phased this. If anything, it's just made us stronger, because in that period, we've managed to increase our team, and we've sat down as a group and really identified the areas where the community and others in the space would look for a project to sort of enhance offering. The point of it may take a verse as well is it shows the dynamic nature of this space. When we first came into the kind of blockchain realm, that wasn't something that we had had on a roadmap, and for us to add that in to a later phase is something that we will be kind of announcing later on in the year about how we want Tim to get out within a metaverse environment, how we want to utilize that, but in the here and now, in the short term, looking really kind of an immediate focus for us, the launch of the decentralized application is something we're extremely excited about, where we will have an Ico probably towards the end of q1, maybe in Q2, and immediately thereafter, the product will be available for use and there is there is logic to that time frame as well, whereby the the application itself will require a tokenized element for users to actually take advantage of the features we have with our strong box stop the decentralized application so the focus for us, and the immediate thing we're excited about, is actually moving that forward and getting that out, looking into Q3 and further on in the year. Now, we get excited because you're right, you bring up architect blockchain and all the great things that you guys are working on. And, they have, for anyone that's not familiar with, they have that decentralized identification feature that we want to start integrating into our strong boxed app, which will allow users to have a bit more control and autonomy when it comes to their personal encryption. And that all ties in with our philosophy of using this space to enhance our digital rights. To ensure that each user is taking a bit of sovereignty over their assets, and that fundamental is what we're trying to achieve here with cryptocurrency in general. It's the whole point here is finding a way to move away from the status quo to get with centralized authority and centralized space, and start to use facets of the decentralized space to try and give us a bit of control over our assets. So, for us, very very excited for the future later on. And, on in the year, we'll be announcing as well, we are going to have B2B offering as well. So, there will also be a Serenity Shiled Pro or an Enterprise version, which will be rolled out for commercial offerings for companies, smaller businesses, who want to then start utilizing and looking at ways to use blockchain as a way to encrypt documents in confidential data on-chain, particularly elements like archived documents that don't require immediate recovery and can be kept in storage warm storage for recovery at a later date. So, again, another use case the blockchain is offering outside that web-two-paradigm and beautiful thing about that is the affordability element that will go with it that doesn't exactly exist in the closed space at the moment.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and the one thing that we try to do in these spaces as much as possible is create Synergy between projects, and ecosystems, and people, regardless if you're building on the same chain or same Ledger or different ledgers. Because when it comes down to it, and I'm going to lead into Galileo with this, you know whether it be kind of a unique item that exists on a blockchain, you know, in an NFT form, or whether it be a digital twin type aspect where it's a you know a physical asset that gets tokenized or whether it be a unit of account based asset, or whether it be you know a deed to your house in the form of an NFT in the future. Um, really like the data sovereignty and solutions around digital sovereignty around like you know custodying your own assets. But, custody in your own assets are in a way of the worst thing possible that you could ever think of happens, your family is taken care of, your loved ones are taken care of, um, and doing that in a decentralized way with custodial solutions that you know make sense to the individual user, where your data isn't out there just floating in cyberspace I think it's a really, um, it's a really gallant thing to be doing in this space, so kudos Nicos, and I'm glad you guys came up and gave us a little bit of a breakdown. I, you know, I definitely want to, uh, get, I know we have Pierre Nathaniel from Galileo protocol. I'm, I have to see you guys like, so I saw I saw Galileo probably like a month and a half ago and I'm like, QRC 20, oh, they're, they're utilizing some aspects of Quant and then I do a little bit deeper and I'm like, oh, they're like interacting with the XDC network and we do know, and I know we don't have Quincy right here, uh, here right now, but I do know XDC Network had that over Ledger integration last year, um, but also Ethereum, polygon, um, and from looking through your guys's stuff, because I haven't had a chance to talk to you guys personally yet, um, essentially peer-to-peer community platform, uh, for discovering, viewing, buying, creating, selling, um, indexed NFTs for physical goods, and you guys have, um, utility token for the platform that you have named Leo, leox, if I'm mispronouncing that, I apologize, the QRC20 token as well as the PNFTs, um, definitely want you guys to give us a little bit of an overview, and then I definitely want Cafe and Kai and Bastion, I, I know you guys were there in death as well, uh, thank you so much death, but I'd love to take the opportunity to let Galileo come up and talk a little bit about what they're doing because I think you know there's a lot of people in here that are interested. I know tokenizer, who's one of the dudes that we like have on a lighthouse report, great contributor, does tons of interviews and just great content, he's been interested in what you guys are doing as well, so yeah, the floor is yours guys for a few minutes.

Galileo Protocol
‍Yeah, perfect. Hello guys, hello everyone, uh, my name is Pierre co-founder and CEO of Galileo Network, which develops the Galileo level protocol, and I am here with my business partner, co-founder and CEO of Galileo, Nathaniel. And this space is a funny coincidence, because last Wednesday I was talking to Nathaniel on Telegram, and telling him how great it will be to talk about the Galileo proposition on Genfinity space, and consistently five minutes later, Nathaniel received a message from you on Twitter proposing we, uh, that we speak in the next space. So I want to thank you King Solomon and the Genfinity team for this opportunity and to say hello also to all the Galileans who are here listening to us today, and also to the other ecosystem and projects that are here today. Galileo is building a multi-chain ecosystem, what we want to do, we want to connect the digital and the physical worlds, and Galileo can uniquely generate regulated digital provenance through physical asset tokenization in the form of PNFT physical NFT, and this PNFT can interact with multiple blockchain DLTs networks through event triggers or multi-chain smart contracts, and thanks to Quant Network Technology, and the PNFT acts as a proof of authenticity and ownership on the blockchain, and upon an owner's request, the physical assets can be stored in a custody or reading to receive the physical object at home for example if we talk about luxury watches and this enables a new level of possibility within the digital asset space to fight cultivating for example.

Genfinity – King Solomon – Founder & CEO
‍No Fanta, I mean, yeah, feel free. Like so the the PNFT aspect. I know that you guys, um, I don't know if those are even available anymore. Is that correct? So the PNFTs, I think that you guys had like introductory aspects and obviously not financial advice or anybody listening, but I don't see that on the landing portal anymore. Are those initial PNFTs like, are those all gone at this point in time or where are you guys at with that now?

Galileo Protocol
‍The PNFTS is what is, is the NFT which represents the physical, uh, the physical assets, uh, on-chain, uh, you know, uh, luxury goods, uh, cunterfeiting is a is a widespread problem that affects, uh, businesses and customers, and traditional companies are looking to blockchain technology and tokenization as, uh, innovative methods to address this issue and protect the customers. And as you know, blockchain technology is decentralized, immutable, and they can store and validate information without need of the central Authority, such as construct for example, and this make, uh, the perfect platform for managing and protecting digital documents in the form of PNFTS and this have several advantages to employ the blockchain technology in the luxury goods sector, for example, by utilizing blockchain-based system, businesses may guarantee that their clients receive legitimate projects and increase traceability across the world supply chain process. And thanks to Galileo and what we can do, the Businesses can use this PNFT, these digital assets that reflects ownership of anything like a product, an item, a document, uh, to and to tokenize whatever they want, and as a result, companies can manage their supply chain safely digitally also and to fight against counterfeting.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and I think even from, um, you brought up like digital documentation, um, except that's a massive use case, I know, uh, like XDC is, is and the XDC Network certainly focused on trade finance and aspects around that, like most people don't know, like the law is basically still for trade finance, mean that you need like a hand-signed document and that law goes back to like the 18, like late 1800s, um, so when you talk about like digital twin aspects or that are through a PNFT, uh, that certainly represents a total breakthrough as far as you know, what you would need to send things across borders, you have that representation, it is immutable, it's stored on blockchain or distributed Ledger, um, and then it can be it can be claimed at a later time, obviously, from what you said at the very beginning. I'm interested, um, from the leox aspect and the utility token what function does that serve, um, within the Galileo ecosystem, because I did catch in there, um, which reminds me of quants for paying for services with over Ledger, the bi-annual licenses. I don't know if you, I'm assuming you might have taken a note from that book, but it's a brilliant note to take, um, can you talk a little bit about, uh, leox utility token a little bit.

Galileo Protocol
‍Yeah sure. Uh, so the layout utility token is the QSC, uh, 20, uh, native token on the blockchain. So, uh, the content talk is proposing the tokenized platform which allows entrepreneurs, builders to deploy fungible tokens and non-fungible tokens on multiple blockchains like Ethereum, Polygon, Magic, and XDC. We are leveraging the contentwork technology for the Leox token. This is the cryptographic fuel for the Galileo protocol ecosystem and we are the first organization in the world to offer this technology to the public right now. The first major utility of the Leox token is related to the marketplace and community utility. First, Leox will be a means of exchange for minting, paying transaction fees within the product call, and realities. Also, in the future, we want to implement the layouts token in governments and fair voting because we want to deploy a decentralized autonomous organization on the blockchain and they bring users who are taking Leox to exercise governments over the protocol. But this is not the only aspect. The Leox token also has another utility for enterprise license. Because we are providing a tokenization platform for businesses, for example, for Nike, Louis Vuitton, Gucci, who wants to implement PNFTs inside their supply chain and provide them to their customers. So, to access this tokenization platform, they will need to be a license fee in Leox token. And also, just to terminate on Leox token and utility. Uh, just, you know, we decided with Nathaniel that a percentage of all exchange fees collected by Galileo protocol will be used to buy Leox and put them in the vault. And the goal of this is to reduce the supply over time.

Genfinity – King Solomon – Founder & CEO
‍I know you guys did. I was actually mistaken. So, I get the PNFT thing, that's my apology. Um, but the nebula aspect that you guys had just kind of wrapped up that's what I was trying to remember the name of it. But um, can you go over a little bit about what the nebula NFTs represent within the ecosystem that you guys are building out? And then definitely want to get to, um, to Cafe and Kai. And I pinned, um, oh shoot did I not pin it? Can somebody, yeah, I did. I pinned the tokenization of luxury watches. So, kind of, uh, diving more into the use cases if anybody is interested in the use cases of what Galileo is building out, please feel free to go up and look at that pin. But if you could talk about Nebula within the ecosystem real quick, that'd be great, for sure.

Galileo Protocol
‍So, as you know, we launched the Nebula and Nebula is our first PNFT (Physical NFT). It's the Genesis of the Galileo ecosystem. We have designed this to give our entire Community access. They will be able to become part of our platform and the regime a variety of chrome dimensions, randomized physical digital utility assets. Um, yeah, each Nebula PNFT will contain a series of randomized goods ranging from a MacBook, DJI drones, Apple iPhone, things like that or the way to digital assets and utility tokens. So, basically, every Nebula PNFT will also contain a randomized utility QRC 721 platform NFT. This utility NFT will provide various platform benefits layering within each user's profile. So, yeah, basically, Nebula is designed as its course to act as the Genesis for the Galileo ecosystem. Beyond the initial benefits, utility, further functionalities and incentives will be revealed for the Genesis collection. So, yes, we are pretty excited about that. And currently, um, all the people without nebulas will receive their nebulas within the week.

Genfinity – King Solomon – Founder & CEO
‍Yeah, awesome, thank you so much. Um, yeah, so if you guys want to check out Galileo and feel free to stay up here. We're definitely going to get into the weeds with some uh discussions here and I have to welcome up um some of our XRPL uh builders in this space. We've got XRP Cafe which I've got tons of stuff to talk but you know with you guys about some of the announcements you guys have pushed out are pretty cool. Um, on XRP from with Kai and Bash and as well same thing, uh, definitely has some some great questions for you guys. Obviously, we have Death Ranger, uh, not just XRPL but Death Ranger. Um, hosts Twitter space on a consistent basis through uh internet of value foundation and he also hosts Twitter Spaces with rose uh from the XRP community that are you know really really growing. It's been awesome to see all those Twitter spaces uh kind of going out. You know, this is an open forum here. I know, um, from the XRP Cafe standpoint, um, you guys pushed out some awesome updates this week and I want to go through a couple of these and then I just kind of want to hear like how you know not necessarily excited because I know you guys are working your asses off. Um, but what are some of the plans for XRP Cafe for 2023 now. I will say as precursor to this, um, the tweet that I saw that you guys have you know pushed out updates to the community so project self-listing and Rarity methods now users can see Rarity rankings and Collections NFTs and wallets. Users can also favorite NFTs, copy NFT URLs to kind of streamline the um the usability and coming into the Platform. Um, own NFTs if you're if you're a platform member user are now grouped into collections and the coolest thing that I really did see like is really trying to push for some of these open source Solutions and I know some of the guys from Park help you guys out with all this stuff. I mean I've known Adam for a while now like and all the park guys are great. An open source bulk minting Um script for the XRPL as well. Um and then I'll let me uh maybe I'll do the do the on XRP stuff too some of the updates. Um, so past 8 million on XRP total volume 73 of total NFT volume so Kudos uh Kai and Bastion uh talking about XLS 30 which if you guys aren't aware listening to this chat essentially automated market makers on the XRPL is really kind of tightening those spreads, from an NFT standpoint, you know. And, facilitating like the liquidity needed as NFTs grow and scale. Um, and that's obviously a ledger-wide aspect. Um, UI changes are coming, email notifications, great, offer limits, great. The most interesting thing that I saw was from the Onyx RP stuff is kind of the "Ash Punks Chapter 2" aspect as well. So, uh, welcome I guess first and foremost, XRPCafe. I did the little intro first for you guys. How are you guys doing?

XRP Cafe
‍Pretty good, pretty good. Thank you for having us up here, Solomon. So, I'll just do a quick little elevator, you know, elevator pitch right here on who we are, what the cafe is. So, XRPCafe, we plan to be like a cozy place to buy, you know, NFTs. We want you to log on to the website, sign into your wallet within three clicks, be able to sort by rarity, you know, lowest priced NFT. We started development roughly three, three months ago now. We do have a little different, um, avenue that we take when it comes to interacting with the community, to be like hosting, you know, Twitch events where you know, we get a bunch of projects together, we, you know, give you know, tokens away on Marbles, and then on top of that, like you said earlier, um, Adam loves, you know, developing open source tools and releasing it to the public for, you know, creators and also commuters to use, like pricing bots, um, you know, the bulk minting script, and we have a couple more coming down the line as well. So, again, thank you for having us up here.

Genfinity – King Solomon – Founder & CEO
‍Yeah, 100, and Kai and Bastion from Onyx RP, welcome up guys as well. Um, I did see that hoodie picture that you posted today and I have to admit that's a pretty badass hoodie. I would wear that hoodie. So, Kudos, Kudos on the hoodie, guys. No, um, Kudos on the um on the market volume and everything else. I think it's been fantastic. So, uh, yeah, if you guys want to give a little intro, um, and then we can kind of open the floor up here.

On XRP
‍Hey guys, uh, good to see you all, see a lot of familiar faces, um, and thanks for the warm welcome. Right, always a pleasure to be here. Just gotta, yeah, just just a little note, we have a heart stop in about 15 minutes, um, because we are preparing for the chapter two. Um, so I'm just gonna give a quick intro. I'm Kai, uh, founder of Onyx RP and the Xbox. Uh, it's been a wild ride. Xbox started about a year and a month ago, and Onyx RP, uh, yeah, a couple months later, in the NFT marketplace launched in November, early first of November. Um, so, yeah, it's been a very thick period, uh, traveling a lot, I'm meeting a lot of interesting people, making a lot of friends in the space, which is always great. Um, yeah, just very, very excited to be here.

Genfinity – King Solomon – Founder & CEO
‍And, Bastion, as always, dude, it's nice to see you up here. I don't get a chance to talk to you nearly as much as we were, you know, a year and a half or so ago, but, uh, thank you for joining as well. I mean, I guess the one question I would ask because I, you know, I'm trying to get into these Twitter spaces and stuff on a consistent basis is pretty crazy. Um, from a Vermont XRP standpoint, like I do get into uh spaces and there's like questions around how projects for doing things, um, and kind of being like that that top volume aspect and everything else. Like, granted, you're always going to get questions and stuff like that, but you know, some of them that I do get asked, like, do seem legitimate, um, and I just don't really get an opportunity to get everybody into the same room as much as possible. I don't know if this is going to get flushed out in 15 minutes or so, but um, but I, you know, if like maybe Death or anybody else like that wants to kind of talk about some of the questions that are being thrown about and let Kai and Bash and actually like answer those questions, uh, before they have to hop off and I don't want to like put anybody on the spot, even though I just did, um, but you know, we don't get opportunities like this very much. It's like every week and this space moves way too quickly, um, so yeah, I mean from kind of being in that top seat position, like you're going to get questions like that, but I also do get into chats and sometimes they seem like legitimate questions, so I want to bring them up and maybe flush them out together. So, I don't know who wants to talk about that for 15 minutes, but actually 12 minutes, uh, but but we can do that if you guys want to.

Death Ranger
‍Yeah, I mean, you know, and nothing bad for me right as in the means of me asking questions or just you know things that for me, I think the the largest thing I've heard as of recent, right because On OnXRP and XRPCafe, have you guys have both have, um, have really made great changes and strides to like make the websites and the uh the marketplaces that you guys are providing as user-friendly as possible, um, I guess my question for uh for college and you guys would be do you, uh, when I know and it's only for I think partners or projects that you've guys partnered with, have you guys really thought about, um, changes to the way that you guys were minting the tokens without the URI in them and if, if so, uh, today because I know we talked about it a while ago, uh, today, do you see benefits in still doing it, and then were there any downsides to doing it that you that you might see as well, if you could just touch on them?

OnXRP
‍Hey, yeah, um, I'd love to I'd love to get into it first of all of course, uh, thanks a lot, uh, Ryan for, um, inviting us into space, uh, and you are completely right, Ryan. We talked way too little. I'm sorry for never reaching out, but yeah, we're both uh way too busy in this space. It's also great to be in this space in general. I was just now thinking um that being in this particular space, it gives me a lot of the same price that I have when I go to the uh blockchain events or the nft events where you hear all these interesting people thought from other chains and doing their projects. You get confronted with that annoying feeling like I'm way too busy to stay in touch with everything that is happening on the hpl. So um, always always very cool to be in place like this then um, yeah I'm a bit sad that we only have 10 minutes left because the URI the URI conversation that that it is a very long conversation to be had. And Um, I do I do appreciate that I can hear that you are asking this question in good faith which I really enjoy because a lot of people don't uh talk about the topic in good faith I think um and uh in the end it all comes down to trade-off right uh everything comes down to trade-offs that is I think the biggest lesson I've learned uh in in all the development work that I've done and especially doing it on a monitoring complete blockchain, you have to make a lot of trade-offs. Um, at the moment at the moment um, I very strongly believe in the methods that we've chosen if you look at just a pure feature standpoint uh just pure future standpoint the amount of features and utility and use cases that are possible with the way that we meant um I strongly believe uh um, I'm strongly confident about um one big thing I think especially is the ability for dynamic nfts. Um and a very short story about that is we are currently working on a very big gaming project as some of you may know and when you work on a project like that you have to do a lot of research a lot of research read it off the of the big gaming Publications the trend reports and stuff and you cannot get around the fact that Dynamic nfts will play an essential and essential part especially in the future of gaming uh and nft Gaming so then you have to ask yourself a question as a blockchain as a whole like do we want a blockchain that cannot offer or that does not employ any standards that enables.

Genfinity – King Solomon – Founder & CEO
‍Let me interrupt you for two seconds for people that may not be aware of what dynamic nfts mean so you're basically talking about nfts that can change over time based on any number of factors is that correct yeah correct okay okay sorry and then please continue I just want to make sure Everybody was aware of what we were what you were talking about so please continue sorry.

OnXRP
‍Absolutely and this is actually also the reason why I'm a bit hesitant to touch the uh production to this subject now because there's a lot of people here listening that aren't fully up to date with hpl first of all but also people that are in touch with HBO but aren't aware of the nuances in this particular conversation so whether this is really The right place to talk about this in-depthly I wonder but a long story short uh it's about different methods of calling metadata on the xrpl with the specific uh nft proposal that is existing on the xrpl um you have different ways that you can do it and those different ways all have their own benefits and downsides now there is a there is a portion of people that are very, um, very persistent about doing it a certain way, really calling directly the IPFS link directly from the URI field, and I completely understand why. The only thing is if we decide as a space as a whole, this is how we're going to do it in no other way, and we're not gonna enable XRP-20 providers or we're not going to encourage actually 20 providers to do secondary ways of coloring metadata or support them or whatever, then we're basically saying the xrpl will never support Dynamic entities.

Genfinity – King Solomon – Founder & CEO
‍Turtle Moon, who I know, I've been dying to get into a conversation with you guys.

OnXRP
‍The second thing that I really really critically want to touch on, um, I here I keep hearing people are talking about this. I greatly encourage anyone as well because we only have a few minutes left. I greatly encourage anyone to just send me a DM. Everybody is always welcome to just send our DM and actually talk to us about it, rather than talk to each other about it and then things getting explosive in Twitter space like that. Like this is lifted and a lot of people are listening aren't actually either aware of the content or who want to hear about different things. So that's uh, that's the last thing I want to say about the long story short, um, I strongly believe it in our standard and I think um, we as a marketplace we strive to support as many standards as possible so that we can really support the wide variety of creativity that blockchain will bring with us.

Genfinity – King Solomon – Founder & CEO
‍Yeah, and I wish we didn't have a time limit today honestly, and I would actually argue that these discussions are extremely important uh in an open forum because that's educating the community that might not know about some of the intricacies within the different blockchains or ledgers that they're participating in. So, I will argue from that point and I think that doing it in an open forum is the exact way to do it, but what I will say, yeah, I wish we didn't have a time limit. I do want to let um Patches ask a question though because um, he's gonna ask something way smarter than I would say, uh, and then and then maybe you guys can answer and then hop off, and yeah, kudos, I'm excited to see the 2.0 for xPunks. I'm obviously still holding on. I owe patch is an x-punk by the way, 15 months man, it's like I just gotta nail down time when I'm free. Go ahead, patch, is your question because I do really want to hear this story by the way.

TurtleMoon Tools – Patches - Founder
‍Um, yeah, so just part of my ignorance, um, I've heard about the metadata URI issue on XRP and uh, for the one thing with the if you did like a straight IPFS um CID inside of the URI, um, I would look into investigating IPNS where you can direct different content to the same CID. We're investigating that for possibly dynamic NFTs on Hedera, and also I built a hip that's hoping to build a metadata key for dynamic NFTs, um, but with the with the URI is it is it not present on the actual NFT object in in the uh on the ledger or is it that you have to like take the contract address or whatever the unique Identifier is of that NFT and tether that through an oracle to the metadata and there is no URI? Is it like can you update to have a URI on the object or is the URI on the object and the way that you're doing the Oracle gives you more ability to do a dynamic NFT?

OnXRP
‍Yeah, so it's uh, I I think I were saying it's exactly that so uh, on the XRPL, the URI field is part of the of the NFT object itself and we call the metadata from what is called an expert Domain fields which are part of the wallet uh, that issue the NFT um, so that's the uh, that's part of the account route itself.

TurtleMoon Tools – Patches – Founder
‍And then so if you put a CID in there with IPFS um, as the protocol you could just take that URI and then um, you know do a do a REST request and pull down that that metadata as an alternative like that, that is a possible thing on the XRPL today.

OnXRP
‍Sorry, can you rephrase the question for me? I'm not a developer myself by the way, um, yeah I, I, I oversee the defender first but I'm not a developer for myself.

TurtleMoon Tools – Patches – Founder
‍Uh, can you call IPFS directly from the URI when you read it instead of going to an oracle to pull down that metadata or is that not possible?

OnXRP
‍Sorry so, so the way to work in the domain field there is um, in the medical, you will have the IPFS URI uh and then you would require the Layer 2 to just take the uh, take the IPFS URI and at the he token ID to it and then you'll get that.

TurtleMoon Tools – Patches – Founder
‍Thank you, yeah um, I know you got two minutes but I appreciate all the answers.

OnXRP
‍Yeah no worries man.

Genfinity – King Solomon – Founder & CEO
‍We should set up a powwow where um, you know it's just super heavy development talk for like two hours and see how many people join it.

OnXRP
‍Yeah, I I, I'd be more than down for it. That's why I'm always a bit uh, in in Space like it's always a bit difficult to get into into exactly this topic because I like talking about it, you like talking about it, a lot of people they just want to hear more about the projects and what they're doing and what they're going to build and you know not everybody really has the willpower to sit through a conversation like this um,

‍Genfinity – King Solomon – Founder & CEO
‍100% and you know uh, you guys coming Up and discussing kind of like I don't know I don't want to be like the oh there's like comments going on and let's do a Twitter space and talk about it, you know blah blah blah because there's so many achievements to be talking about right now like looking at I mean real quick free leave Kai and Bastion like uh, us as a whole within the XRPL community like we're all watching this kind of space grow and develop and what was where are we at right now from like overall volume in NFTs on the Xbox I think it was like over 10 million or something like that a little while ago um, am I correct there that was like a week ago I saw like 10 years or 11 million?

OnXRP
‍Yes, it's currently at uh, I think a little over 11 million.

Genfinity – King Solomon – Founder & CEO
‍So it's uh, it's super early and it's super early and it's great to see XRPCafe up here um, and all of the utility aspects That everybody's building out from XRPCafe and the pixel uh apes or pixel ape Robo club guys and it's great, you know it's great to see you guys what the volume that you guys are getting right now as well. And for me, like if I'm looking at the space, I'm like man 10 million or 11 million XRP for an entire NFT ecosystem that's going to really be building out and adding in more utilities. There's so much opportunity here. So like trying to front run the conversations about what it's going to look like in four or five, three four years, they're difficult conversations to have but they're also extremely valuable.

OnXRP
‍So sorry if I can just uh, yeah, exactly touch base on this. You know, um, the decisions we make by um using the domain field is truly it all um goes to one simple question: do we want the XRPL to be competitive to EVM chains? The answer is yes and that's uh that's why we made those decisions to you know have as much flexibility for everybody that wants to launch with us um basically but yeah um we do have to go now. I'm sorry for that.

Genfinity – King Solomon – Founder & CEO
‍Next time just sit down and chat with you guys yeah next time now in like two hours because I know these things usually drag on and I have some other people to come up. I will say uh we're gonna keep it respectful obviously because like uh Kai and Bastion aren't going to be here so um if we want to like talk about you know anything we'll talk about that in a future space but we can get people up and have opinions and everything else like we always do anyway. So kind Bastion. Thank you guys so much for the time um dude please send me a message by the way Kai if I'm missing stuff out on the Xbox standpoint because I'm so freaking busy like just make sure I don't I don't want to miss anything and if I can figure out where to buy one of those hoodies I for real will buy one of those hoodies because that hoodie is freaking badass dude. Hey King just send me your codes I'll be glad to claim him into free buddy. All right thanks guys, thanks bashman, thanks Kai, thanks for coming up. I'm gonna invite um up uh I know vet was wanted to come up as well so uh Galileo you guys have me like sitting back here in the wings thinking about digital twin NFTs like while people are talking I'm like my head's just racing around like physical NFTs representing Digital twins so kudos to you guys as well. It's been awesome coming up and having you guys speak. Let me get up um I know we wanted to I know too cold was requesting to come up um and I know vet was requesting to come up again not gonna like not make this an open Forum um I will say real quick while we get some other speakers up um this is kind of the first iteration of these spaces in 2023 really kind of wanted to create cross-chain synergy with um you know hbar XRPL um looking at like Galileo with Quant and what they're building there and the XDC network. I know Quincy studies available anytime and that dude's probably super busy right now but always great to have him up um and VeChain from VeSea so like next um this was like a little intermittent plug before we like just keep going with the community conversations, but next week I think we have, um, "Enter the Void" or "into the void." They're building on Constellation, well they're building on Constellation and dag, but they have some other really cool aspects that they're really fleshing out. We also have Pangolin coming on and if you aren't aware of penguin, obviously integrated with Flare but just integrated with Hedera Hashgraph, um, so that deck is going to be coming on to speak. I think Patches is coming back next week. I do know that we have bit boy coming in, so it's a little bit of a polarizing space, um, so we'll have bitboy come in and be able to talk to the community. Um, and then the 25th we have Casper coming on, we have allianceblock coming on, and we're really building out that space right now as well, really drive out these spaces and as much of an engaging way as possible. Vet, uh, I don't think I've had the opportunity to wish you a happy New Year yet, dude, but um, yeah Happy New Year, I hope your holiday was great.

XRP Cafe
‍Happy New Year to you too and to everybody else here, um, yeah thanks for the space, it's pretty cool to have everybody up here, um, and to kick off some important Discussions and you know just to figure out what to do. Um, I just I just wanted to jump in basically on on the discussion about the um about the URI and um, I really just want to highlight um the the actual problematic here um, uh, the problematic is basically it's not that you use it or not because it's a decentralized ledger you can do whatever you want, uh, it is just that you Basically you know in order to achieve immutability uh you would need a second amendment to pass and that second amendment is Hooks and we don't even know when that gonna be enabled if enabled at all whatever it's so far out um no idea and only with that one you can actually achieve um immutability right where you cannot change the URI and this is a key difference to eth, right? At ease you have a path to Dynamic to immutable on the XRPL you don't if you if you go that route right so once you right now you choose to be uh mutable you don't have a route to immutability if you choose that road which is which is a key difference right which is a key difference and um yeah not commenting on the other stuff right around this but just you know on The on the fact that if you use the URI field in the um in the token or if you use the domain field but um I think that's a very important um difference here just to make.

Genfinity – King Solomon – Founder & CEO
‍That's I mean that's honestly what I've kind of heard since the odds that the two vet is like it's almost like you know from what I get from the on XRP guys Um I mean hey I'm not going to try to run the way that they're running their business but it's like almost like waiting on things that haven't occurred yet and that's kind of like if you get down to the root aspect of like a lot of the concerns and questions it's like it's fantastic that you know that people are launching and innovating and doing certain things but uh you know building business aspects around things that Haven't occurred yet is also another question that everybody has to like internally be like is this what I want to participate in and hey like you know it's nothing negative. It's you know, I would love for these guys to be up here, you know, continuing this conversation on.

XRP Cafe
‍So, yeah, I would have also loved to them, um, being up here with no unfortunately, but yeah.

Genfinity – King Solomon – Founder & CEO
‍Which is which is understandable as well and I and trust me like maybe that's been in these faces Knows they will sit in here and answer those questions which well at least on this pace they did it one time before and as long as it's respectful, I'll try to generate you know positive you know conversation so let's let's take it there again. But I, um, uh Patches go ahead patch is gone, yeah.

TurtleMoon Tools – Patches – Founder
‍So with the mutability, I think there's a ton of new ones. This is a great conversation. I think this could be its own space. Um, not even just XRPL metadata standards, but just metadata standards. I think there's a lot of benefit to cross-chain conversations about them because I think huge shout out to May from HashPack and HashPack for spearheading the metadata conversation on Hedera, but there is a ton of great conversation that created, uh, what I think is one of the best standards for metadata that's so flexible, uh, for things like gaming, for music, for Um use cases that we can't really contemplate because it's very uh versatile. But when you when you've used things in Uris that are immutable, it there are there are mechanisms, uh, if supportive IPNS works where you can change the CID pointer to a different CID context of IPFS, so a lot of jargon right there. You can put something in the URI that's never changing, but then.

Genfinity – King Solomon – Founder & CEO
‍What does URI stand for people that don't any idea what UI

TurtleMoon Tools – Patches – Founder
‍It's just it's just a URL. Well, it's it's it's a link to an external place on a server, a decentralized ledger says, hey some content lives over there.

Genfinity – King Solomon – Founder & CEO
‍Is it like URI isn't it like unique registry identifier or something?

TurtleMoon Tools – Patches – Founder
‍Yeah, that's what I don't know. Basically, it's what points to the URL. Okay, yeah, like it is definitely unique, it is definitely unique, yeah, all right. So, so you can you can point to say a CID and then that's Cid in IPNS would point to Another city, so another way to say that is on the back end you have a key for your for your um IPFS and you said, hey, this thing that is immutably on the blockchain forever it now points to this new file of metadata on the on the back end on IPFS, um, so there are mechanisms that exist for this. There are you know issues, especially if people do IPFS caching then it's hard to update things and so there's a plethora of issues for Each of them, but um, yeah, with again, I think this conversation is just so big for the small uh context, and it's really invigorating to hear all these creators talk about I think things that will you know fundamentally change what can cannot be done with this technology so it's it's really good to take our time. I know we have think through it.

Genfinity – King Solomon – Founder & CEO
‍I know we have Kailyn down there, just give me one second Kaitlyn because I did get to bring up like pastors. I think you Spearheaded the Hedera music working group as well and you know, I did see kind of do you think there's going to be necessity for different metadata standards around music NFTs And, or whatever you know, I don't even just want to box it into like NFTs, whatever music represents in the web 3 space. Um, are there going to be like kind of these different standards that need, uh, I'll put it. And by the way, congratulations dude, I saw that the four the first form that you had for signing up to be in those discussion groups totally like filled out. So, um, yeah, if you could touch on that, because I know it's a passion subject for you being a musician. Um, yeah, I would love to hear you talk about a little bit.

TurtleMoon Tools – Patches – Founder
‍Yeah, we're ramping up, uh, for music NFTs on Turtle Moon. Uh, we did our first Concert in the liftoff with his agecraft punks, it's a company that or a NFT project we run and vasizi and so there was a live musician playing into a token gated virtual world, uh, called the liftoff to Holders of hgraph punks and token gated, so it was a really great proof of concept for a show, and uh, we're continuing, uh, to go down that mechanism of what, what can music NFTs be, um, in in web 3 and maybe they're not just ReverbNation or Spotify copied over With a ledger and maybe it's a different experience, um, so that's what we're exploring now, and in that is setting the tone of the music metadata, and again, um, the way that hedera approached music metadata or metadata in general as hip 412 is it's extremely flexible of a standard where you can propose add-ons which have already happened to that standard, um, for specific use cases. Um, so we're, you know, as a as a as an ecosystem, and I think we're doing a really good job of coming together, like I'm a part of the working group for Dao metadata standards, and we're setting in stone and doing hips for what is a dow ballot look like, what does a vote look like when you put it onto these systems, so that we can, you know, if you have a standard and everyone externally in the future can read in knowing what to expect from that data, which allows a lot Of Versatility in application layer and so music, you know, we have some unique features in Hedera where you can have a files array and have multiple music files, so when I release my EP, it's coming out soon, we're gonna lease it on Turtle moon, it's gonna have the artwork, that's going to have the album or the song as a wave as an MP3, lyric sheet, lyrics tied to the duration of the song, so like when you're watching Spotify and the lyrics run, we're gonna have that File, and we're talking to a bunch of musicians, um, to set the standard for you know what is where is this going, making sure that we think and future proof the standard, and allow flexibility ability for additions in the future, and then all grab each other's hand and say okay this is what we're all agreeing upon and so that, um, music applications wallets, um, anything that wants to interact, uh, either through the visualizer metadata, That might be there, the lyrics or, um, a video format that's adaptive in a metaverse 3D environment, eventually, there will be a place that is not strange, it doesn't break backwards compatibility, and can grow forward. This only happens when developers get together and set that standard together and agree. I think that's where we're at now, and a lot of networks are making sure that we're future-proofing our development work and not fighting each other on what the standard should be, fragmenting the market and making everyone who builds an application, digesting that metadata, their life will just be hectic and very difficult.

‍Genfinity – King Solomon – Founder & CEO
‍I mean, even d-gens or Kalyn. Go ahead, dude, sorry.

Deg3ns
‍No, it's actually I don't mind waiting, and maybe this question is a little bit too technical, so I think actually I'll wait for that more technical space. I just rethought that, but by the way, I just want to give my Kudos, great space, everybody and please continue. I'm actually really enjoying.

Genfinity – King Solomon – Founder & CEO
‍I don't think you can get too technical in a space right now with Patches, um.

Deg3ns
‍Well, I guess the guys from Texas, essentially, real quick and I'll make it fast if it's too, it doesn't make sense for you, just let me know. The question I have was essentially, you know, with the rollout and I know that we don't have an exact timeline on that and we know that these things do take time with you know hooks, uh, does that bring back the question of concerns for other ecosystem projects that are building alongside the XRPL, other layer ones? I won't say specifics but you know I think it's solo genic, I think aquarium, I think of other layer ones that you know, got meant to be kind of like complementary to XRPL to provide smart contracts or other, you know, other such things. Do the does there a lot of hooks essentially you know turn them obsolete and I won't say the word obsolete but does that put pressure on them, more pressure, uh, as in does that go against the way it change because essentially you know when I think of what on XRP is doing, it's like you know the speed of providing the what the consumer wants against the speed of what the ledger really provides at the time and I think those are just all Challenges, we need challenges that require unique solutions. So I guess my question was over to vet or even XRP cafe or even death range, I know you're probably you know pretty familiar with this stuff too, uh, this is the role of API hooks, does that put pressure on these other layer ones or other type of products that are trying to solve those problems too?

Death Ranger
‍I would say no because hugs and so it sorry, somebody else wanna?

XRP Cafe
‍Yeah, I, would actually say yes, uh, I would say actually yes, um, but hooks alone is uh, is not the thing, um, I mean in manifest, it's just really um, you automate transactions and um, in a very smart way, and you can enable a lot of applications on top of it

Genfinity – King Solomon – Founder & CEO
‍I would be surprised over time if we see like solo genic, not necessarily adapting to standard standards and then just shifting everything to Quorum at some point in time.

Death Ranger
‍I wasn't going to say that, but a lot of people feel that way, well that's how they had marketed it at least one first market emporium, but so like hooks really, in a reality, I wouldn't even call it, it's not fair to even call it smart contracts, right? It's a logic our contracts can execute, but really all it does is increase the transaction flow from one output of a transaction make being able to, I think it's up to seven transactions occurring in one ledger close. So, so in reality, I mean I all right, I see what you were meant, you meant vet more pressure on them because you know more transactions can occur because if I can set off one transaction on the XP Ledger that can occur multiple that does mean that maybe multiple transactions occur off-chain off.

XRP Cafe
‍No, I don't mean I don't really mean that I mean uh actually that though that you know in combination with if you look at something with the automated market maker, if you um look at other projects with built on top like Evernote right um what they are enabling with this technology right uh but not as a standalone, it is definitely very very competitive, the XRPL is totally different than uh one or one and a half years ago, the shift is you know we have so many amendments coming up um we have probably done more in terms of you know progressing away from just payments right uh in the last year than the past nine or ten years right, it was mostly quiet, I know you have like nfts uh you have uh you know all these other amendments coming up potentially whenever they come and those in combination right side chain ebm side chain very very big um those in combination right they are very very powerful in my opinion and um it's the best try that we on the ledger have in my opinion to um be competitive right and uh to other chains and show what we have um the whole portfolio basically of amendments and technology.

Death Ranger
‍Yeah the biggest benefit really of hooks right is the fact that it's written in wasm right so you know for people don't know what labism is but it's web assembly right it's a compiling language which allows you to you know if you want to code in rust or you want to code in uh C plus Plus or python, it enables the compiling of the code into a format that can execute a transaction right on the XRP ledger.

Genfinity – King Solomon – Founder & CEO
‍I would I want to kind of break this up a tiny bit because I think there's an opportunity right now and I know we have Nathaniel and Philippe from um, I just want to ask because like somebody brought it up like earlier on about like kind of these you know enterprise-grade um, digital asset that you know networks and ecosystems. I know obviously quant building on top of Ethereum but qrc20 is a very real thing, uh over ledger is very real, um banking software and everything else that's going on is very real within quant. You might hear my dogs barking real quick, but um besides you guys like because I know once you start getting into discussions with like you know some of the upper echelon people at quant to launch um or or maybe not like are there other people building out that you've seen or other projects building out using qrc20 like like because this is something that we don't see a lot of um as far as knowing what's going on with them like the quant ecosystem because if you've been paying attention for a couple of years they don't market a ton. I mean you see Gilbert kind of putting out these year-end reviews and stuff like that like are there other kind of players in that ecosystem that that you think that we're going to be seeing in the near future um and we're excited. I'm excited to see everything that Galileo is doing, I'm just I'm just kind of asking the question because we have the opportunity to to ask the question right now.

Galileo Protocol
‍Yeah, yeah, good question. So, so, so we recently had a conversation with Matt in our griefs uh from from content work and in consumers that we are the first project uh launching a qrc20 uh token on the on the market so we are pretty excited uh about this.

Genfinity – King Solomon – Founder & CEO
‍Yeah, awesome, yeah, and I mean I that I kind of thought that that might be the case based on the fact that like we haven't seen a ton and we we all know how hypey the crypto space can get because if somebody else is building on top of qrc20 it's all that we would see. Um, I really kind of love the digital twin aspects and I think that there's so many use cases for a platform like you guys are really developing so I'm really looking forward to seeing what you guys really do with it to be honest with you. I mean I know that the leox sale I think is still running through lcx and that's certainly not financial advice or anything to anybody. I picked up a couple a couple of the nebula out of teas on my own but um I'm looking forward to seeing what you guys do turtle moon uh and Patches go ahead and uh welcome up to the stage OC law start by the way if you guys were in the last space we did December of last year OC brought up oh is it Thanos that remember that was like absolutely amazing and I think we're gonna have another music artist coming up within the next couple of weeks here that's like not rap no she's available right now today oh uh I mean she's available we can we can end the space with another amazing song and I'm fine with that but um of course turtle moon go ahead bro go ahead if she's available you can reach out. We could try to end it on that, but Patches go ahead, yeah.

TurtleMoon Tools – Patches – Founder
‍Um, so that's the I've heard a lot about the web hooks on XRPL, and again, apologize for my ignorance. Um, it sounds like it's a way to like do asynchronous promise training based off of blockchain data. Um, and you can depend on that execution linearly. Is that the benefit? That you can do multiple transactions as if you were promise chaining?

Death Ranger
‍Yeah, I don't know. I've never heard that term "promise chaining," but uh, yeah, you explained it pretty well.

TurtleMoon Tools – Patches – Founder
‍Okay, yeah, sorry it's like a node.js, um, uh, it's, yeah, full stack JavaScript types of terminology.

Genfinity – King Solomon – Founder & CEO
‍On the web hooks, is essentially like okay you have a transaction, but essentially web hooks would and I know Santiago's down there maybe still, but um, he probably knows this way better than I do or anybody else up on the up on the stage, but essentially rich functionality on the back or the front end of transactions that that is programmable, um, and maybe that does represent, you know, promise chaining or X Y and Z. I don't know how far that scales out as far as you know five to six to seven different layers of trust or whatever you would do within that functionality, but yeah, but yeah, no, you are right, uh, I I like the term though, I'm gonna steal that promise. You what is it promise training? Okay, yeah, yeah, well, I already stole your term Beth for um, uh, what do I always say now? I don't say it all the time, Cambridge explosion, uh, it's gonna propel humanity into the next evolution of the way that humanity looks, so yeah, I mean, I would love to do one of these spaces and I know Santiago is down there right now, but like that dude is a freaking, he's been in the XRPL community forever. It'd be great to get him up on one of these faces. I'm not gonna try to pull him up again right now, but um, a great guy, so if you if you don't follow Santiago Velez, follow him, um, all right, OCD, do we have, yeah, do we have anybody, uh, that wants to come up and do a little.

Lost Art
‍Yeah, so she's about to come up, she's about a request, um, okay, she, she, I just want to describe her, um, she is part of, uh, she was featured one of the Shaolin showdowns, uh, hosted by Wu tiger, it's, uh, it's a platform where, uh, freestyle MC's can get to go get together and battle it out, right? It's a battle space, and we do get to feature an artist there at the beginning and at the end of every show, and Sammy, she was one of our featured artists, and she has a wonderful voice, wonderful style of music. Um, and that's just, yeah, she's Up here, maybe she can tell you a little bit more about herself, and if anybody is interested in being featured, um, just look at my pin tweet, there's the forms there, um, or ndmc that wants to battle, um, there are some prizes, and uh, it gets down, bring the heat.

Genfinity – King Solomon – Founder & CEO
‍Well, excited to meet Sammy. I will say, like if we, if we end on this, these spaces are always really fun to host because we go from like super introductory across like multiple chains and ecosystems and really trying to create energy with you know different groups of people that might not have otherwise met each other as well as you know going down the rabbit hole of like technical stuff as well. And um, as usual within this space. Sadaf and Sarah, thank you for uh, composting uh, HashPack as always amazing what HashPack is facilitating from email logins all the way to iOS and integration. VeSea has a massive massive massive track record in 2022 to the point that I couldn't even nail down talking points because of how much bread has been building out in that ecosystem. So check out VeChain NFTs, it is certainly an exploding ecosystem, uh, Turtle Moon, uh, Patches, Moon, shells, acecraft IO, acecraft punks. It's always great to have you guys up here, um, kind of digital twin aspects within Physical NFTs, um, and what Galileo is doing with qrc20, um, and you know also integrated into XDC, polygon, Ethereum. Thank you guys so much, death Ranger as always super contributor in this space, that XRP Cafe, um, dgens, and I know that we had a couple people pop off as well, we will see you guys next week again, Master space next week, thank you guys so much, and uh, we'll touch base soon, we'll talk to you guys, thank you.