Space Summary
The Twitter Space 如何避免在撸毛行业踩坑指南 hosted by 0xTalkingWeb3. Learn how to navigate the complexities of the rug-pulling industry within Web3 through strategic insights shared in this live Twitter space. Gain valuable knowledge on conducting due diligence, community vetting, and risk management to safeguard your DeFi investments. Stay informed, stay cautious, and stay ahead of potential scams with tips from industry experts. Join the discussions with @HTX_Live and @binance to enhance your understanding of DeFi projects and protect your investment portfolio.
For more spaces, visit the DeFi page.
Questions
Q: Why is due diligence important in DeFi investments?
A: Due diligence helps investors identify legitimate projects and avoid falling victim to rug pulls and scams.
Q: How can community vetting assist in avoiding fraudulent projects?
A: Community vetting involves assessing the credibility and transparency of projects through community feedback and reputation research.
Q: What risk management strategies are recommended for DeFi investors?
A: Diversification, setting stop-loss orders, and staying updated on market trends can help mitigate risks in DeFi investments.
Q: Why is education on rug pull red flags crucial for investors?
A: Understanding the warning signs of rug pulls and fraudulent activities can safeguard investors from financial losses.
Q: How can investors stay informed about industry trends in the Web3 space?
A: Following reputable sources, participating in discussions, and staying updated on regulatory changes can aid investors in making sound decisions.
Highlights
Time: 00:15:42
Due Diligence in DeFi Investments Exploring the significance of thorough research and scrutiny before investing in DeFi projects.
Time: 00:28:19
Community Vetting for Trustworthy Projects Discussing the role of community feedback in evaluating the credibility of DeFi ventures.
Time: 00:39:55
Risk Management Strategies in DeFi Tips on mitigating risks like rug pulls through diversification and proactive risk management.
Time: 00:45:11
Educating Investors on Scam Prevention Empowering investors with knowledge on identifying and avoiding fraudulent schemes.
Time: 00:59:30
Staying Updated on Web3 Industry Trends Importance of staying informed about the latest developments and regulatory changes in the Web3 space.
Key Takeaways
- Due diligence is paramount when investing in DeFi projects to avoid falling victim to rug pulls.
- Community vetting and reputation research are essential in identifying trustworthy projects.
- Risk management strategies such as diversification and setting stop-loss orders can mitigate potential losses.
- Educating oneself on the red flags of rug pulls and fraudulent schemes is crucial for investor protection.
- Engaging with reputable platforms and conducting thorough research can help in avoiding scams in the Web3 space.
- Staying updated on industry trends and regulatory developments is key to making informed investment decisions.
- Collaborating with experienced investors and seeking advice from trusted sources can provide valuable insights for navigating DeFi safely.
- Utilizing analytics tools and monitoring market sentiment can aid in identifying potential risks and opportunities.
- Building a strong network within the DeFi community can offer support, advice, and early warnings about potential scams.
- Remaining cautious and not succumbing to FOMO (Fear of Missing Out) can prevent impulsive investments and protect against scams.
Behind the Mic
Introduction and Acknowledgments
Yes. Hello there. Yes, I can hear you. Okay, perfect. Are we fogged? Sorry, what did you say. It? Yo, yo. Yes. Yes, we can hear you. Hello, Reyna. Hello, Monique. Thank you so much for being here. Hello there.
Discussion on Crypto News
I think Twitter was kind of ruggingly, you know, Elon Musk, rub to rug Twitter space at a time. But greetings, everyone. Welcome to your daily dose of crypto news and market insights. This is the Roundtable network AMA series. Your go to stores for the latest and the greatest Alpha site. I'm your host, Amin, and I'm here to break down the most secure safety layer of deepin. Buckle up, fellas, because we have got a lot to cover. We are deep diving into the recent censorship that has been imposed on Brazil as well. Joining me today are two insightful individuals and are good friends from Block, Rayner and Monique.
Introduction of Guests
Yes, hello. Hello there. Thanks for having us. We are definitely very excited being here and are ready to dive in. Yes, thank you for having us at the roundtable. Excited to dive into some more details with you guys. Thank you so much for your time today. Fellas. Let's dive right into it.
Censorship in Brazil
Reina, let's start with you. Can you start by explaining what is happening in Brazil right now with regards to the censorship and the new finds for using VPN's or anything to access certain platforms like Twitter? Sure. So, honestly speaking, I'm gonna be straight with you. Right now is the last two, three weeks we have had hectic times here at blocks, so much development ongoing. So I haven't had so much time to concentrate what else is going on in the world. But as much as I know then in Brazil, they kind of want to ban, or they already banned x, right? Because, of course, some political stuff. Maybe they want to spread some misinformation.
Political Context in Brazil
And the x was kind of not giving people to show what's really happening, right? So I know that they want to ban the x and then also that the Elon Musk kind of had his funds frozen there or something similar. But this is. This is. I wouldn't say that this is something new because. Because in other countries also, you can say, like in, let's say in UAE, there is ban from WhatsApp, the video calls and regular calls. Then in China, there are several bands. Then in Pakistan, also, I can say there is a. There is now telegram, bandaid. So it's happening kind of everywhere.
Global Censorship Trends
Like, government is trying to take control and allowing less free speech, because even if they're saying that there is such word like sweet thing, like free speech, it actually doesn't exist. Everything is controlled. Like even the banks, your money is controlled. Even if you want to send your own money to your own account, they're asking for proof. So it's kind of. It is what it is, unfortunately. But I would say that at blocks, like, we truly believe in the rights of personal privacy and also free access to information available.
Blocks' Approach to Privacy
And you can say that we have built a complete ecosystem and a safety layer of deepen around it. And now you can say that when it comes to our VPN, it is designed to help people to bypass this restriction securely, which is maybe somewhere not allowed. Like we just talked about, the Brazil, they have banned Twitter or are banning. So in this case, our VPN would allow to do it. And now we have also a feature called safe browser. And together with that, you can basically guarantee that you maintain your anonymity and you can access the open Internet with confidence, knowing that your data is safe and with you only, right that we do not collect any information.
User Data Responsibility
This is only stored by you. But however, while we provide these products, in the end, it's still everyone's responsibility to follow the laws applicable in the region, right? So even if we are providing them, we are not taking responsibility that, hey, we are providing it. It's our responsibility. No, it's your own responsibility, of course, in your regions that you adapt to your laws, but we are giving free tools to everyone to use it.
Challenges Faced by Brazilian Citizens
That's amazing, Reynar. My heart goes for everyone who is tuning from Brazil right now. I think they have fined incredibly for the people who are trying to access any websites using VPN. I think the fine is something like $8,000 for a single time you tune into VPN. It's crazy what's happening in Brazil right now. My condolences for all the people who are tuning in from Brazil right now.
Impact on Brazilian Democracy
Monique, my next question is from you. Do you see these measures impacting the everyday lives of Brazilian citizens and what might be a broader implication for the democracy in that region? Yeah, absolutely. These measures, they reach much, far beyond just limiting access to information. They foster a climate of fear. So people may 2 guess expressing themselves or even seeking out the truth. So it does raise concerns for democratic values.
The Role of Technology
Because when access to information and the ability to speak freely are restricted, it does impact everyone. It's precisely in these moments that tools like what we have with blocks VPN, it becomes more than just technology, it becomes a lifeline. So it allows people to stay informed and connected without looking over their shoulders. So blocks at blocks, we're driven by this belief that everyone, no matter where you are or what you are, you should believe you should have the power to access information freely and safely.
Decentralization and Manipulation
So this isn't just about the technology, as I've said, it's about standing up for these fundamental rights that connects us all as human beings. That is the whole mission of being decentralized and being anonymous, you know, limiting the access to information. This is, this always creates an environment of fear and manipulation with the commoners. Yeah, thank you so much for that.
Blocks' Safety Layer
Let's deep dive into the blocks part that we kind of received few weeks ago. A while ago, Reina, I observed that blocks is building the safety layer of deepen. Can you share the vision behind what made you to go through this way and build for more privacy and less control from governments and centralized intelligence organizations? Sure, sure.
Vision for Privacy
So again, the main reason is that I believe truly that everyone deserves their privacy. Right. You have the rights to it and you have the rights to your own data. Like nowadays, it's just crazy, right? You're having your phone by your side and you are saying some words like, let's say about some countries or whatever you're saying, and the phone is already picking it up and giving you these different announcements like, yeah, book a flight there or do whatever.
Comprehensive Features
So it's really going out of hand. But the actual term, like the safety layer, it comes from very wider and broader vision. And it's in relation to our actual main product, which is the backbone. And it's called Blox desktop. And the Blox desktop itself, it's designed to provide everything in one place, keeping a strong focus on the security management and monetization.
Future Plans
So if you think about this whole desktop thing, it offers like comprehensive features including computer safety like malware protection, then Internet services like VPN and safe browser. There is device health and then there is monetization tools, how to monetize your idle computing power. And in overall, you can say so, that what we aim to do here and what we aim to become is same for every operating system that Apple es or wants to macOS and Microsoft to Windows.
Committed to Data Privacy
Right? So we want to offer, and we are here to offer a secure all in one software solution which do not collect any data because it is connected with your non custodial wallet and we do not connect any data. So even if there is any data collection, it happens only by your site. And you can always manage, you can say your own data because it is in your hands.
Conclusion
I like the sound of it. Your data remain yours alone. That's lovely. That's a lovely code to build on right now.
Initial Thoughts and Context
I love it here. Again, that is true. Hear that again, fellas, there's no logs with the VPN right now. If you are in Brazil right now, go ahead and get the blocks VPN moving on. With concerns about the rising tyranny and the control of central intelligence, what role do you think companies like yours box and you and maybe some other companies can play in defending those freedom rights, those digital freedoms?
Decentralization and Security
So I just said, yeah, no logs. So basically that is true. Our platform is completely decentralized. And how you can think about it is our platforms are connected to your non custodial wallet, like I mentioned also a while ago, and this serves as your profile or account. So this means that we do not connect any data. So any data collected is saved on your device. And by such approach, we ensure security because no one else has access. Right. And with this together, we are kind of eliminating this central authority. Not kind of, but actually eliminating central authority. We do not have servers which collects your data. Right. And thereby with this, we are reducing risk and putting control directly into your hands or into our customers hands. And I personally believe that such companies like ours, at least they will play a major role in the future.
Computing Security and Privacy
And I would say, especially in the computing world, we're keeping your digital life secure and convenient is ease and will become even more critical now about the other platforms like phones and the platforms what are maybe running on web, I would say they might get a little harder, but if you have a piece of a software in your computer, it's kind of more, you can say more secure because it's not open to the Internet. But this is exactly what we are here to help our users to achieve, to bring all this security and privacy to their doorstep, basically, while keeping it all as much as convenient as possible. Amazing answer. This is, I think, having a whole layer of safety that's super convenient. And getting it decentralized is another one of your features.
Insights from Monique
I think we could talk about a lot of your features. But before we move forward, Monique, would you like to add something to this? Yeah. So basically what Reyna said, all of these features are developed to assist people in this scenario that we add. So in this new century of AI developing and all these threats and people more coming out about free speech, these are critical things or critical tools for people to use to be able to access something that's more rightful for them and there's obviously a lot of discrepancies along the way and everyone has a different view. But at the end of the day, having something that can be rightfully yours is definitely very valuable in the market. And yeah, that's about the biggest thing I would add there.
Discussion on Block Desktop
Thank you. Now let's move on with the next question. I have seen a lot of use cases for the ecosystem and layer you're building, but I think the amount of products you guys have, I think we can't discuss it over a single ama. It's a huge list. But let's talk about the one that caught my attention the most of. Let's talk about block desktop. I would love to give you both guys the stage for it. And for the people who are tuning in for the first time, would you like to introduce them to the awesome tech that you have built with the desktop app? Sure, sure. Happily, happily. Because this is our backbone and this is what we are most proud of.
Features and Functionality of Block Desktop
So when we talk about blocks desktop, it's only one suite. And by that we mean it literally. It covers everything one might need for his digital life or experience, including safety, computer management, monetization. And if you break it down into different sections of categories, what is actually in this piece of software? There is a malware protection which has quick customers, full scan. Then there is another category called device Health which has system optimizer drivers, auto update afterburner for overclocking your gpu's, right. Then there is a password vault. Then there is an Internet services section which has a VPN secure browser, remote access and then we have an AI assistant with chatbot website scanner.
Enhanced Security Measures in Block Desktop
So even let's say you're going to use our VPN and you're going to use a safe browser. You can always scan if this website is actually secure. Then there is a contract scanner for a different kind of so called blockchain. So you can always scan a contract and assure that your investment or any decision you make is kind of with the layer protected. And there is also scam identifier. So what is scam identifier is kind of like there will be like blacklisted users on Telegram and Discord and you can just search by the username if they are there, blacklisted or not. Then we have this category of monetization. Where is our grid box? And of course wallet which serves as your profile, right. Your login, the wallet is your profile.
Integration and Upcoming Features
And under the profile also you can manage different currencies and also manage your nodes. But now, like, when we take it together really easily, like, how to imagine it all, I'm sure everybody knows about Avast or McAfee or motor bytes, the security, I mean, the virus protecting software. So ours is similar, but now you can imagine the same piece of software, only it involves everything in it and even more, like we just mentioned. So it's kind of this software put together with web, three tools and another tool. So you do not need to use actually anything else while also allowing you to monetize your computing power.
Decentralization and Data Privacy
And now, on top of it's connected with your non custodial wallet, right? So it keeps it completely decentralized with any data collection. And now this platform, what we're talking about is for desktop, but it will be also developed by the mobile. So you will see that almost all, of course, you cannot involve everything, but most of the things I just mentioned will be also available on your mobile phone. And right now, we already have an MVP version available of the desktop suite. So everybody can go and try it out, knowing that in this, until this end of year, we're going to deliver like full suit for the desktop and then we're going to move on to the mobile version of it.
Block Desktop's Applicability in Brazil
That's about it. That's how big and easily explained this box desktop can be. Well, it's a company, you got to know every product. You could just count it on your fingers, right? So. Yeah, exactly. Exactly. So, you know, how can a Brazilian citizen who's facing, you know, any of the above situation, how could they use block desktop to protect their digital rights? So our desktop, it offers many features for, you can say, Brazilian citizens to get protected. Right? First we have this mobile protection, which is a little bit different, but I. It still ensures that, first, your computer is safe, you don't have any malware, nobody is like, spying on your computer.
VPN and Safe Browsing Features
Then we have this Internet services, which I mentioned, and the major two features are the VPN and the safe browser. When you run this VPN alongside our secure or a private browser, you can be completely confident that your data is protected because it's not even collected. Right? And additionally, the VPN allows you to change your location. And now, on top of this, think of that, if you're using our like box desktop, you're also logged in with a non custodial wallet, which again, does not collect any data. So there are so many layers in place, actually, which doesn't, you don't put your email in, you don't put your ip in your name in, right? It's all connected just with your secret keys basically.
Password Vault and Data Security
And on top of that, we offer also a cool feature called password vault, which I'm sure everybody is already aware of. What is that? And you can easily store any data you want. And this data is also encrypted and stored only on your computer, not in any cloud. So it ensures that it is protected by multiple layers and it keeps your data completely under your control in your environment only. That sounds amazing. I also see that safety management and monetization seems to be the top priorities for blocks.
Synergy Between Safety Management and Monetization
Can you elaborate on how these aspects cooperate and, you know, complement each other? Sure. Yes, absolutely. So I guess by now everyone, at least who is listening should know what we cover and what we offer, at least mainly. And I think it makes it a little bit easier to understand also how they complement each other. But now you can imagine like having this blocks desktop at your fingertips, let's say, on your computer or on your phone, because it's coming also on the phones, right? So you can keep yourself fully secure with our mobile protection and Internet services, which is kind of like safety layer, then you can manage your digital life while keeping your computer or device up to date, connect to various devices with remote access, overclock your gpu's for maximum performance, then also manage the crypto assets and even use the AI assistant for additional security features.
Additional Functionalities and Features
Or maybe to help with your investment decisions. Or use our chatbot, which is collaborated together with Paul AI. But I believe one of the most exciting aspects of course, is monetization. And this is also what people are always after. And this has also strong ties with management because you can monetize your idle computing power and get rewarded and manage this. All currencies under your wallet there, right? So this is what we are aiming strongly for. And we have this grid box which we are launching in about a week now.
Conclusion and Future Outlook
And the grid box is a distributed computing marketplace, allowing you to rent out your own computing power, basically few clicks. It's super easy, no technical knowledge needed.
Unique Features and User Ease
And you can say that it is only one of its kind available in market because it's super easy. Like you do not need literally any technical knowledge, just follow the guide. The software will auto detect your computer hardware and it's going to list it there on the market. And from the artist side, you can say that the creators can rent out power for various tasks like rendering, machine learning. There is a custom docker setups and even the regular computing power access. So you can say that already in the monetization we are offering one part from ourselves and this is just one part of monetization offering with more features to come as we are forming here. You can say partnerships and we have some pretty big plans for future additions. But this is what we would love to discuss more in our next AMA, to not stretch it too long and not to lose point what we are doing here.
Monetization Options
But in all, you will have many different monetization options available under our desktop solution. And now if we take together this question again, how do they complement each other? It's actually pretty simple and straightforward. They all contribute to what you can do with your computer and or the mobile phone from one place. And it's all with easy and convenient operation. So basically you manage your computer, you keep it secure, you keep it private, and it gives you option also to actually monetize your computing power or monetize it with any different ways. That's a really deep dive into the whole ecosystem.
Progress and Future Developments
Rayner, amazing answer, right? You do have the energy for going so long. I love it. Well, it's just lot to talk about. I mean that is just something we are covering today. But there is definitely so much actually happening right now. We have so much restructuring ongoing, we have so much designs ongoing. Like basically everything. What you can touch now is MVP. And also all our desktop solutions are currently completely free to use. So VPN, everything is completely free to use. You just have to have 100 blocks on your account and do what you want because this year is all about building, giving the MVP out there, giving people the field touch what we have. And the next year will be kind of like moving more into the revenue earning model where we can have a premium services and top notch UI and UX experience.
Ecosystem and Token Utility
So right now it's all kind of development progress and giving just a feel for the people that touch the product and they know what is actually coming. That's amazing. I see that you have kind of dropped the whole roadmap for how we are going to build the ecosystem. I was going to ask that separately, but I kind of get an idea. We have a whole lot of work that's going in the background and we'll see some changes coming up really soon. One thing that kind of interests me is tell me more about the token. I see that we offer a token and you could mine it. You can be profitable from it as well, you know. How do you see the token working in the future? You know, what kind of utility could we bring in apart from just buying the VPN's and things like those.
Token Implementation and Future Services
Sure, sure. So there is actually a lot of, well, it's a coin first of all, because we are running our own algorithm, I mean own blockchain. So it's a layer one. We have bridged it over also to Ethereum network, but there is a lot of utilities already available, you can say. So we have masternodes, which is kind of like staking. Then you can mine the coin and get rewarded from it. Right then. Now when we are going to release blocks desktop there, first of all, right, now you need to have already 100 coins to just use it, but we are not going to deduct it. It's kind of just like if you have it, you can use our software. So in the future we're going to use it for premium services. So people who want to use our premium services and more advanced tools, more monetization tools, they kind of have to pay a subscription fee in the blocks only.
Rewards and Marketplace Development
So we're going to accept the blocks and then we have this grid box, right? Grid box is a very big thing. I can say so because that is a big part also of deep in because people can monetize and offer their idle computing power. And from there as well to use the greed box, you will, if you rent out your computer, then you will be rewarded in blocks. And the person or the artist or a creator who is going to use your computing power, or maybe even computer engineer was going to use it for machine learning, he's going to have to use these coins to pay to you for the time he rented it out. And plus there will be also, again, like right now it's all for free. But we are going to introduce also of course, some fees of in the marketplace in the near future, probably in 2025.
Community and Support for Digital Rights
So there is already some utilities in place. And this is also something what we have been thinking about strongly and where we put a lot of effort is to have a lot of utilities to give actual use case to our coin and not to lack on it. And I believe that this mission, what we had is already achieved pretty greatly. Amazing. We are kind of closing in on the half an hour mark for space. But I just have one last question from you finally. What message would you like to leave for the people in Brazil and other countries that are facing the similar situation? Yeah, maybe Monique can take it.
Message for Brazil and Overcoming Challenges
Yeah, sure, I'll take this one. So I just want to add into. So yeah, for the people in Brazil overall it's also good to know the ease of access and the opportunity that you can contribute to a monetized ecosystem. So in ease of access, I mean, whether you're technical or non-technical, like Reyna said, we have templates, we have a UI. We focus on an interface where anyone can just open it, click and understand what's going on. So we're trying to also move away from the crypto slang where you don't understand what's going on or you're non-technical. So creating this environment where people can connect and also have a better understanding. So also within the marketing realm, where I'm focusing on more educational content approaches, you can also have a lookout on Twitter for that.
Solidarity and Community Support
Coming forward, as my main focus would be not only to highlight the products that we have, but also to educate you on why we have them and how you can use them and how they will be of value for you. And then, yeah, to everyone facing these restrictions in Brazil, I just want you to know, again, you're not alone. In times like these, it can feel isolating and super overwhelming, but there are communities and tools that can help, and we're here to support your right to privacy and the free flow of information. So we do believe in a world where digital freedom is a right for all and not just a privilege for a few people.
Advocating for Digital Rights
And you can also fight for your digital rights by joining our movement and netblocks ecosystem and its products in this decentralized realm, along with a great VPN, be tools that can help you stay connected safely and securely. So we're constantly evolving our solutions to meet these new challenges because your safety and freedom are literally the. Are at the heart of everything that we do. Amazing. My heart goes to all the people in Brazil, man. It's super crazy right now with the amount of censorship these people are getting on.
Impact of Censorship on Communication
It's crazy. I think we almost saw the other participant in the presidential race. He was also super active on Twitter. And a lot of Brazilian friends that I have, they mostly use Twitter as a space of free speech and getting the chance to say whatever they want, get the absolute ground state of the news, what's happening, and get away from all kinds of propaganda that's going into their news channels and banning such a huge platform. It's crazy. We also saw some dilutions and censorships happening in Facebook as well.
Zuckerberg's Admission and Its Consequences
Facebook, I think, has publicly admitted that these people censored for Biden in the last politics, in the last election that they had a. Zuckerberg kind of. Yeah, yeah, sorry, yeah, Zuckerberg kind of came open with it. And that's super crazy that a CEO is admitting to such a huge mistake that a social media company has committed. It's, it's crazy out there right now. I mean, what can I say? It is. It is.
The Importance of Reliable Platforms
But I have interesting question, like, if they ban x, are they also planning to ban trades or is it banned already there? Because Zuckerberg, I think he started also a competition for Twitter. Right. Threads. So is it also something what can be still used over there? I don't think so. People who joined threats, it was just like, you know, underage teams and people trying to be cool. Truerail has been always being there. I don't think, you know, threads is kind of a competition or, you know, people use threads as a serious place.
Decentralized Solutions for a Censor-Free Environment
But yeah, these people have tried to ban everything. I think technologies like blocks and technologies like Cron and these kinds of browsers, Tor browsers, these people help out the real people who need their voices not to be silent. Yeah, well, that's what I also said. Like things like platforms, online platforms, they can be easily band. But now what we are offering here is a desktop solution and also for the phone. Right. So this is a little bit harder to tackle. I mean, you can get it on your desktop and you can just use it on your computer.
Accessibility of Tools
So you can even use it without Internet. Right.
Discussion on Threads and Beliefs in the System
Or whatever. So. So it's completely in your hands. You can say so. And I just want to add, I don't think threads has a thread to XDev. Sorry, what were you saying? Thread has no, has any traits to eggs. Oh, yeah, for sure. Yeah. That's not, as also the host said that. Well, it cannot be taken very seriously, actually. 100%. Well, that's how it is being done right now. But let's see how this election in us also turns out. Because I think that election is also going to be something which is going to place people's belief into the system or it's going to absolutely ruin it. I mean, the chances of Kamala winning are super slim. But even if she wins, I mean, I'll be kind of surprised that the only democratic place that was left in the world is also going down.
Surprises and Political Outlook
Well, I actually wouldn't be so surprised when she wins because of her backers and like. Yeah, well, I don't know anymore. I don't know what to think. It's gonna go down as it's gonna go, and we will just see and the consequences will come one way or another. Right. Well, let's see how does it go shout out to Maga coin though. Maga is also another good friend of ours. Hello Maga. All right, I think we're kind of turning up with the time mark right now. I can't see the questions that people have asked me. So how about anyone who has any kinds of question? If you would like to come up on the stage or you would like to ask a question, please go ahead and send it in. My DM's reading everything that's coming. I've started to receive some questions right now.
Questions from the Audience
Let's start with the first one. Okay, people are beer posting right now. A guy is asking what do you think about the cycle we over. Which cycle? I think he's talking about the bull cycle. Guys, come on. It's totally chill. We do take some. There might be a dip coming. Always make sure to buy more as we have told you in the other spaces as well. Instead of taking these high leverage trades, go ahead, buy some spot DC every time the token comes down, as always, will be good for you. Yeah, well, no one knows what's happening, but always, I don't want to give also any investment advice here, but you have to look into the things or the projects which offer actually utility. What can be also used when the market is down because there is.
Market Analysis and Project Viability
Where is the key one is this when the market is upright, everybody is buying everything. But now look around what actually gives a use case and what will be used every day even if the market is not there. So I think this is the most important always if you look around for the projects, around the crypto space and everywhere, I guess in stocks market and so on. For sure. The next question I have is somebody's asking, is the mobile one available right now? I don't think that's right now, but I think it's in the launch plan, right? Yes. The mobile version is not available right now. We were thinking maybe just to release the mobile VPN so people can already use it.
Mobile Version and Future Plans
But we are already, while we build the desktop product, we are already doing the APIs and everything ready for the mobile. So once this full suite is delivered, the so called the mobile version will be launched pretty soon. Like it's not going to take so much time, but we're going to see again if we can do something, if we can release a VPN. Meanwhile, the thing is that we really want to release our desktop first. We don't want to get any focus out from there because this is our main thing. So we'll see if you can. We're going to do the VPN, maybe on the side, but if not, then we're going to focus on the mobile after the full desktop suite is out.
Wrap-Up and Future Engagement
Awesome. I think heroes kind of missed the space in the starting, guys. You could go ahead and check out the space again. I think these are all the questions I see here right now. I'm seeing a lot of good wipes in the DM's and it with you, sir. This is the comment from Aaron. Let's face Monique had some good insight. The product is innovative, hoping it's implemented well. W. Raynar, people are loving you guys. Well, that's good news. I hope it's gonna keep, keep going on like that. Yeah, we have had some pretty serious things going on here. We just had an algorithm change.
Algorithm Change and Future Prospects
Everybody must be super excited about it, because we moved away from the AsICs and were the second ones to implement the same algorithm like ergo is having, which you can see lot of new, like, lot of projects who are going to GPU mining day later, gonna get adapted by Asics, and Asics are gonna take over. But Ergo has been here for years and no, Asics has still gone on the network. So we're pretty hopeful it's gonna continue this way. And we can really keep decentralized from every area, right. Even the, even in the mining area to give the opportunity to actually to the people who deserve it, right. Who use their computers every day and who have these gpu's running around.
Closing Statements and Final Thoughts
Awesome. I think that's all that we need from you today, guys. That's a wrap for your crypto updates today. As always, stay informed. Do your own research and manage your risk. The crypto world is constantly evolving, so stay tuned for more exciting developments. Now, I would love to give you guys the stage for a closing statement, and then we can turn this off. Sure. So. Well, how can we close it? It was definitely very interesting, ama, I would like to say, and again, thanks to our host for having us here.
Future Engagement and Social Media
You will definitely see us more on the second, Ama, because we will have much more to discuss, as we mentioned, little bit about monetization. So there are a lot of interesting stuff going on from our side. And of course, things takes time, right. We cannot release it once and for all, so people have to understand that as well. But we have teams working, you can say almost twenty four seven, to bring out everything, what is expected from us. And yeah, I would say just to keep, keep in touch, people who are interested follow us on social media.
Stay Connected and Future Outlook
Join our telegram, join our discord. Lot of, lot of things are happening and you can be assured that all the communications and announcements will be done from there. So, yeah, if you're interested, then don't miss out. Join our socials and, yeah, thanks for having us here. Yeah, thank you, the roundtable for having us here and definitely stay tuned. And I can promise you that you are dealing with a very dedicated team. We work very hard to deliver and yeah, we wish a very bright future forward and excited to bring you some more news in the next ammas.
Thank You and Goodbye
Already preparing them, and I can guarantee there are some exciting things that will be released in those ammas. Thank you again. Thank you so much for being here today, guys. And that's all for that we have for today. Thank you for joining us. We'll see you next time. Our trading talent phase comes live on the next Monday. Stay tuned for more Ama's and I'll see you next time. Bye bye, guys. Thank you. Bye.
