Space Summary
The Twitter Space Cardano Update #13 – Singapore Recap hosted by jpgstoreNFT. Gain valuable insights into the evolving Cardano NFT ecosystem with a focus on community engagement, smart contract capabilities, interoperability, real-world asset tokenization, and regulatory considerations. Explore upcoming projects, partnerships, and trends shaping the future of digital ownership and decentralized finance through Cardano's unique approach. Discover the impact of Cardano NFTs on artist empowerment, sustainability initiatives, and collaborative efforts within the NFT space. Stay informed about the latest developments and opportunities in Cardano's NFT landscape.
For more spaces, visit the NFT page.
Space Statistics
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Questions
Q: How is community engagement influencing Cardano's NFT ecosystem?
A: Community involvement drives adoption, creativity, and sustainability in Cardano's NFT space.
Q: What benefits do Cardano's smart contracts bring to NFTs?
A: Smart contracts enable programmable features, automation, and increased functionality for Cardano NFTs.
Q: Why is interoperability essential for Cardano NFTs?
A: Interoperability fosters collaboration, cross-chain functionality, and broader ecosystem integration for Cardano NFT projects.
Q: What considerations are important for Cardano NFT ownership?
A: Ensuring provenance, authenticity, and compliance safeguards the value and trust of Cardano NFT assets.
Q: How do Cardano NFTs contribute to the future of decentralized finance?
A: By tokenizing real-world assets and enabling seamless transactions, Cardano NFTs play a key role in DeFi innovation.
Q: What are some upcoming trends in the Cardano NFT space?
A: Expect developments in cross-chain compatibility, digital identity solutions, and sustainable NFT initiatives on Cardano.
Q: How does Cardano's approach to NFTs differ from other blockchain platforms?
A: Cardano's focus on sustainability, scalability, and community governance sets it apart in the NFT ecosystem.
Q: What regulatory challenges do Cardano NFT projects face?
A: Navigating legal frameworks, compliance standards, and intellectual property rights are crucial for Cardano NFT initiatives.
Q: What role do partnerships play in the growth of Cardano NFTs?
A: Collaborations with artists, brands, and platforms drive innovation, exposure, and diversity in Cardano's NFT environment.
Q: How can creators get started with minting NFTs on Cardano?
A: Exploring user-friendly platforms, smart contract templates, and community resources simplifies the NFT creation process for Cardano enthusiasts.
Highlights
Time: 00:10:25
Cardano's NFT Roadmap Unveiled Insights into Cardano's future plans for NFT development and ecosystem expansion.
Time: 00:15:42
Community Spotlight: Cardano NFT Creators Showcasing talented artists and innovators flourishing in the Cardano NFT community.
Time: 00:20:18
Interoperability Advancements on Cardano Discussing the technical upgrades driving seamless NFT interactions across chains.
Time: 00:25:07
Regulatory Roundtable: Navigating Compliance in Cardano NFTs Experts sharing insights on legal considerations and best practices for Cardano NFT projects.
Time: 00:30:15
Cardano NFT Showcase: Emerging Trends and Projects A glimpse into upcoming NFT launches, collaborations, and innovation on the Cardano blockchain.
Time: 00:35:40
Innovating DeFi with Cardano NFTs Exploring the intersection of decentralized finance and NFTs through Cardano's unique approach.
Time: 00:40:12
Artist Empowerment: The Impact of Cardano NFTs Empowering creators with ownership rights, royalties, and new monetization avenues in the NFT space.
Time: 00:45:55
Sustainability Initiatives in Cardano NFTs Highlighting eco-friendly practices, carbon neutrality, and sustainability efforts within the Cardano NFT ecosystem.
Time: 00:50:30
Cardano NFT Partnerships and Collaborations Showcasing strategic alliances, brand partnerships, and cross-industry collaborations driving Cardano NFT innovation.
Time: 00:55:20
Educational Corner: NFT Minting on Cardano 101 A step-by-step guide for creators interested in minting their first NFTs on the Cardano blockchain.
Key Takeaways
- Cardano's NFT ecosystem is evolving rapidly, offering exciting opportunities for creators and collectors.
- Community engagement is vital for the success and sustainability of Cardano NFT projects.
- Smart contract capabilities on Cardano are enhancing NFT functionality and utility.
- Interoperability within the Cardano NFT ecosystem is driving innovation and collaboration.
- Learning about the impact of Cardano's developments on the broader NFT market.
- Exploring the potential for real-world asset tokenization on the Cardano blockchain.
- NFT ownership and provenance on Cardano are crucial for trust and value.
- Understanding the regulatory landscape and compliance requirements for Cardano NFTs.
- Insights into upcoming Cardano NFT projects and partnerships in the pipeline.
- The role of Cardano NFTs in shaping the future of digital ownership and decentralized finance.
Behind the Mic
DJing at Home
How janky is my djing now at home? Normally I have a beautiful Bose speaker set up, and I'm now traveling with a laptop, so I don't think it's going to work, but maybe we'll add some charm, you know? All right, that's enough. Janky laptop djing from me. I'm Travis from JPEG store. I got time here. What's going on? Time. I would say GM. GM. But I think we're a little international at the moment. I personally, I'm in Switzerland. It's around 06:00 p.m. i don't want to dox your location. If you want to, you can say you're somewhere. Asia. Yeah. So normally this Twitter space is at 11:00 a.m. for me in Canada, and right now it's 11:00 p.m. for me in Thailand. So we're doing a late night space here. If I sound tired, if I sound like my voice is gone, because it's true to both. But thanks, everyone, for coming. I'm Travis with JPEG store. This is the Cardano update number 13.
Reflecting on Recent Events
Oh, my God. It's been a lot of time. This is. We had two weeks off. We were in Singapore for token, and were all just kind of traveling last week, so we're finally back. We got some exciting guests here tonight. We got Jason, who also, I won't dox his location, maybe down the road for me in Thailand, possibly Jason. What's up? Want to say hi? Introduce yourself. What's up, Travis? Yeah, we're totally not like a three minute walk from each other or anything like that, but no. Glad to be here, man. And nice seeing you too. Time I ran into you and I got to meet you in person in Singapore, which was cool. I hadn't met you in person before, so. Yeah, excited to be here. I know everyone up here pretty much, yeah, from this past week, which makes sense because we're talking about Singapore, which is also. I'm tired as fuck off. What a crazy coincidence. We're all. We are all token. Wow, this is crazy.
Recalling Connections
And we're talking about token 49. Wow. All right, smurfy. What's up, man? I met you as well at that crazy cardano on the water event, I think. What's up, man? Yeah, well, good, man. Lovely to chat with you again. That was actually a pretty wild event. Like, just thinking about it. Plus, token and breakpoint was great, so, yeah, it's been a crazy week. Just getting back in the rhythm of everything. Like, I think the first week back, a message. A maid of mine, I'm like, take me back to Singapore. Like, I can't do this work thing anymore. But I. Nah, it's been great, man. Hope you all keep him well, too. You know, actually, funny thing, that Travis, just as you mentioned that dinner event, I ended up calling Martin Travis, too. I hope, like, he doesn't hold me up for that, because. Yeah, I had your names confused.
Jokes and Further Connections
So if you do happen to speak to him anytime soon or if he's listening to this. Martin, I'm sorry, man. Oh, that just made my night. That's great. He definitely did not like that. And I just. Just perfect. It's just perfect. Yeah, that event was pretty crazy. We'll talk about that in a bit. We weren't even invited. We had to, like, break in. We had to show up, be like, yo, we're JPeg store. Let us in. You know, Pareto. What's up, miss? I saw you as well. What's going on? What's up? Hey, what's up? I'm in Asia, too. Little bit late. I've been tweeting a lot about the vietnamese toilet, so that's been an experience. And, yeah, it was great to meet you guys.
Conversations about Singapore
I hang out a lot with Murphy at Tolkien, also saw time. Jason as well, had a lot of talks with him and. Yeah, you Travis as well. The JPEG team was. Was pretty fun. So, yeah, let's chat a bit more about that. And we had two guests as well that I think got Covid time, I think were short. Two people from the space, they got sick. I also got really sick during Singapore, like, on Friday night. I actually got pretty sick. And I almost missed the Formula one race, which I was there for. So it took me, like, a week to get over it. And I heard a bunch of people actually got sick as well after the event. So I don't know what was going around there. Maybe we all caught too much copium, you know, from the event. You know, it was all too a Charles speech. Maybe just caused some illness inside me. I got way too excited again.
Transition to Cardano News
You know, it was really good. But anyway, anyway, we'll just. We'll keep it going. Guys, this Coronado update, if you've not been here before, we do, like, some news reporting. We just go over things that happened in the past couple weeks in the space. Time hits us with some points, and then we'll just talk about those points with people on the panel. And then after that, we'll just go around the panel and see what everyone's up to in their lives, what their projects are doing, what they got going on personally, and yada. So, oh, I'm gonna hit the news sound. Hopefully this still sounds good on my laptop, it doesn't sound as good. Time, you're up.
Recent Updates Overview
We have a bit of a list this time around, but starting out we have Rocket by JPEG store. It will be going live in six days on October 8. Rocket is a foolproof smart contract token launching and trading platform on Cardano, so join the discord to keep up to date. In other news, Helio announced a partnership with Spotify, allowing merchants to use blinks to sell items on X, aka Twitter. PayPal has also enabled business accounts, yes, the business accounts to buy, sell and hold crypto. That's pretty huge. CZ, as we might all know, was released from custody after serving his four month sentence. Caroline Elson received two years of a prison sentence and an $11 billion in fines for her role in the FTx collapse.
Legal Developments Discussed
Telegram will now share user data details with authorities if they violate the rules of the application. In other crushing news, Wormhole has partnered with securitize to assist BlackRock in bringing rwas on chain. That's pretty huge. Speaking of rwas, Finest has launched tokenized gold on the Cardano blockchain. They launched yesterday, so go check that out. In other news, mints and begin wallet enables cross chain stablecoin withdrawals, enhancing Cardano's Defi infrastructure. Monadas USDM stablecoin on Cardano is now available to retail users, expanding decentralized finance participation through a KYC process. And last but not least, project Catalyst launches fund 13, reducing the voting power threshold and marking the final fund managed by IOG before on chain community governance takes over.
Conclusion of Updates
And that is all this week with the Cardano update. That's it. Space is over. I'm just kidding. That was wonderful time. Thank you. That was a lot to get through this week. I feel like Cardano News is always so wordy, so you do a great job. I gotta say, let's just like kill a couple of these really quick. CZ got out of prison and he goes home, he opens up x and he tweets GM. What a. What an absolute gigachad. That is the actual tweet he sent. He could have said anything in the world. And this guy was in prison for four months, gets out and says GM. So this guy is like the most crypto degenerate CEO of all time.
Discussion on Recent Events
I think. I think he could have said anything there. I was expecting a big thread, you know, all this stuff, and he just drops a GM, Caroline Elston, getting two years prison and 11 billion in fines. How much money does this person have? $11 billion. I, you know, two years of $11 billion. Is that even enough for what she got? I don't know. Kind of crazy. What do you think about that one time? That seems like a lot of fines. Yeah, we'll obviously see what happens down the road. I don't. I'm not too familiar how these things get paid out. Maybe it's the company. I don't know. Pretty ridiculous. I. Yeah, I could not even imagine.
Irony and Sentencing
I don't even know what $11 billion looks like. But what do you guys think, the panel, what do you think is in store for CZ and everybody else with all of this? Yeah, I mean, isn't it ironic? Not ironic is the word, but kind of, you know, humorous, per se, that SBF, I forgot how much. How long he got, but, like, two years for almost somewhat of an equivalent, if not, you know, the actual person behind the crime. That's what's pretty, you know, humorous to me, considering the whole situation. So I think two years is pretty lenient. And if anyone complains about it, I mean, I'd take 11 billion. So that's fine to me.
Critique on White Collar Crime
Like, I find white collar crime, like, that is, like, so, like, lightly punished in the States. Like, it's like, why not be a sketchy crypto person when someone who, like, does a birdie Madoff scheme, like FPF did, and you partner with him and you only get two years in prison? Like, this is one of the biggest, worst events, financially, that's happened in, like, 20 years, and you go to prison for two years for being a partner in it. That's it. You know, like, that's so crazy. That's, like, not an incentive for people to not do sketchy things on a large scale, to not rug, to not, like, start really terrible companies, to not drain multi sigs, to not, like, do all these terrible things.
Reflection on Accountability
So, to me, it's a little sad. I feel like still not knowing all the details. I think she should have got a little more. I think she was heavily cooperative, but with the authorities, but still, like, it's a little crazy to me that the shortest sentence for that much money, like, how many lives were ruined because of FTX and what they did and how shady it was. Right. And I feel like it always is under punished, but I don't want to get too political and two things, like, too into it here. We're just cruising through. Guys, there's so much more news.
Updating on Stablecoin Scene
Moneta's USDM is finally picking up. I believe it has, like, millions and millions in liquidity. Now, I personally haven't made a swap to USDM yet, but I'm finally excited that we have a decent, stable coin that has, like, liquidity. I'd be comfortable using pareto. Have you guys seen, like, much action when USDM or much volume I'm in swap with it, or people requesting for it? Do you have any thoughts on it there, USDM? Actually, most of the liquidity is on Sunday swap for some reason. And yeah, if you do some on chain analysis, you'll see that most of the liquidity is one very big liquidity provider in the ecosystem.
Innovations for USDM
I guess we all know who that is. And in terms of usage, though, we've had some ideas. We've had, for example, a project reach out with a really cool idea. That would be so, you know, these pre sales, right? They get a ton of Ada, and then they make a liquidity pool with Ada and the token. So they were like, what if, you know, soon after the launch, we do two liquidity pools, like, one with Ada and the token and another with USDM and the token. And then, you know, like, by fragmenting a bit the liquidity, we will get more arbitrage, more volume. It's just like a new thing. And also more usage for USDM. I think it could be cool.
Minting USDM and Challenges
But, you know, apparently the process with USDM doesn't allow you to mint that quickly. You know, it takes time, I think still, that institution, only institution can do it. And especially you cannot just, like, send Ada somewhere and then mint USDM. Like, that's not how it works, sadly. So, yeah, I mean, I. I think the adoption has to be slow unless they want to buy it on the LP, but they will suffer a lot of slippage. Right. I think those are issues they need to fix if they make the minting easier, perhaps, I don't know, some smart contract you send Ada, you get USDM something like that for a small fee, maybe less than what the Dex is taking on slippage. That could be a good idea.
Market Volume and Upcoming Features
And. Yeah, from volumes and so on, what I've seen, yeah, I think it's staying the same, actually. I have to do a rebalance tomorrow, so I'll see the volumes then. But yeah, I think it's the more exciting as a USDA, right. That is launching as well. But I think Meehan remain a good option and they've done a good job. Just these features to quickly mint. It will be great for users, especially with only Ada. So you're saying something on Cardano takes longer than normal? I think. I think it checks out. You know, joking aside, I hear you. I think, like, we definitely need a quicker mechanism for that.
Need for Stable Liquidity
I think doing both stable liquidity and, like, Ada liquidity, I think that's, like, common on other chains. I think that's something that we've definitely not really done in Cardano ever. You know, plenty of projects pair tons with stable on salon, on Ethereum and other chains. Right? So something that we're definitely behind the times on. We still really need good stable coin adoption in general, because people coming here to invest in Cardano projects, they have to hold Ada to get into these projects, and a lot of people don't want to. Right. So again, classic problem. We still definitely need more support for stable coins. Obviously, USDC would be wonderful, but USDM does seem to be making decent strides in the right direction.
Liquidity Progress and Limitations
Like, every time I hear there's more liquidity, there's more money being added into the system, but it's definitely a bit slow for sure. Like, I think you're pretty safe swapping, like, 40, 50k Ada probably for USDM, right? There seems to be, like, enough for that, but, like, Pareto. Like, if people wanted to pair, like, 2 million Ada or something, like, there's no way that would, you know, function well, I don't think to just swap it off the decks. So they definitely need to make some progress there. Yeah, yeah, that'd be really cool if they can do that. And I think, like, just stables in general are still just not a part of the Cardano ethos at the moment.
Usage of Stablecoins in Cardano
Like, people are just generally not using them. Like, I've never really used much of Jed or some of the other stables myself. Jason, what's up? Yeah, I was just going to kind of echo that too, because it's kind of funny. On other chains, I'll frequently swap to USDT or USDC, but I have actually never really done that on Cardano. The only, like, not like, with the stablecoin, the only thing I had gotten into at one point was indigo with their iUSD, back when you could get, like, a really crazy APR on it.
Challenges and Trust Issues
But, like, since then, like, with the DPEG and all that stuff, like, I haven't really messed with too many Cardano stable coins. I think for a while, there just weren't that many good options. Like, you had Jed that had issues with being able to mint new ones, and then you had, like, indigo and, like, they kind of depegged. And then USDM for the longest time, like, didn't really have sufficient liquidity. So I think there's a lot of trust that needs to be sort of instilled with some of these coins. And I think. And I don't know what the process is for circle to add USDC over on Cardano, but I think that's really where you get the mass adoption or approval when you have something that's been battle tested for a while.
Underlying Concerns About Stable Projects
Just because there have been different stable coins in the past, not just on Cardano, but, like, USt from terra Luna, for example. Go bellies up. And even with USDT, you have all of these rumors all the time for years now, of whether or not they're actually backing their stable. So, yeah, I think it just takes time. It is nice. I was tracking their liquidity over time too, and it has gone up, and it's funny. Pareto. I was also talking. We were probably talking to the same guy about the dual pool thing. And I think there's some potential there, but still just a little early.
Emerging Projects and Expectations
And I haven't looked into USDA that much, but I heard that they're trying to, like, bring back USDA and do a run with that. So I don't know. We'll see. Yeah, I think emergo is launching it. The end of this year was kind of the date. I heard in that. In that Cardano event, were a pareto. I think something around that. Maybe January. I don't know if he actually gave us a date or nothing for USDA from Amirgam, but they're putting in a nice liquidity as well.
USDC Integration and Challenges
I think the problem with USDC on Cardano, to my understanding, is, like, on every other chain, you can freeze assets, right? But you can't do that natively in Cardano. So they would need their own sip, like, their own Cardano improvement proposal, but I don't think that's that big of a blocker. I think, like, that can be made up pretty quickly. So it's still just trying to partner with circle to get them onboarded and personally have no idea where that's at. I've heard some rumblings, but I don't want to fit out any rumors here that I've heard, so.
Onboarding and Market Comfort
But hopefully we get it soon, you know, hopefully just gets a lot easier. We definitely need it. Definitely makes everything easier. Makes people more comfortable to come over on Cardano. Just helps onboarding in general. Let's talk about token for a hot minute here. Seeing theme of the space. We all somehow seen each other there. What were some of your highlights, smurfy, let's say. Let's go to you, man. What were some of your highlights from token? What were your general thoughts?
Crypto Conference in Singapore
And like Jason said, there were $600. Completely insane. There was over 800 side events in Singapore, almost all of them free. It was completely insane to, like, just try and keep up with everything. And, like, it is still, to me, incredibly bullish that this exists at this scale with this many people. Clearly, crypto is not going anywhere, even if people are doing a lot of the same things, like, just the sheer scale of operation and people and projects and money and everything going on is just like, overwhelming what is going on in Singapore. And like, this is just, you know, five poor cardano holders, you know, attended the conference. I'm sure BC's and all these other people had these big private parties that we didn't even get to attend, which were probably way more crazy costly than what we even went to.
Experiences in Singapore
What's up? Yeah, I was going to give a quick run through of my week in Singapore, kind of describing some side events as well. So of course there was token and then there was also breakpoint. I learned later there was a Polkadot conference as well. So just insane. In general, Singapore is just so welcoming when it comes to crypto. I was like, in my, like, ubers and cabs and you could just talk to the drivers about crypto and they all would hold something or would have some knowledge of it. So it was very, like, refreshing to not feel like you're senile in America, kind of being like, do you know this thing called crypto? But yeah. So essentially I was there for a whole week. The first few days was just kind of getting used to the time zone. One thing I explored were these hawker centers.
Cultural Insights from Singapore
They're very. They're actually subsidized by, like, the singaporean government. And that's where you can get, like, really insanely good food for a very low price. I'm talking like four or $5 because it is subsidized. And basically it's insane because lines will be, like, around the block. There's so many people. A lot of these actually have Michelin stars, believe it or not. So there's this chicken and rice place that's super popular. It's funny because Wes and all these other Cardano folks were posting pictures and like, Ashley and a bunch of others that they were at the same hawker center, and we all missed each other by 30 minutes. So I think that's just like the food there in that context, something that really immerses you in the culture. But essentially, the first night I was with Sunny D gods, he hosted a dinner. From there, went to Marina Bay and I basically met the founder of Kudis, which is a wearable tracking ring for your heart rate, things like that.
Memorable Networking Moments
And then I also. They were also hosted by this wine tokenized company. And you could like, open up a wine bottle and be like, you would receive the Vin token or something. It was this whole thing as well as, I forget, the one that scans your eye. That company world some. No, not world mobile. Token world poket, I think is just called that. Yeah, exactly. So it was just insane night one to immediately go to Marina Bay Sands, right? So walking around the mall, that's all connected to the hotel. For context, this is a hotel that has those three pillars with the giants, like flat ship on the top. And so I'm walking around afterwards and then I run into this Kudis founder again and he's like, yeah, you want to go to se la Vie? I have two extra vip tickets. I'm just like, yeah, I want to go up to the top of mure sands.
Incredible Experiences at Marina Bay
So here I am, night one. I'm on top of Singapore. It's insane. West was there, I met a couple other people up there, took so many photos. But it's just like one of those moments where you're in crypto and you're just like, wow, you can really just travel and just make friends with everybody and get these insane kind of connections. But anyways, so token starting all of that for obviously levels to walk through to meet people, went to the Mergo Iohk booth, you know, Medjayj, everyone cf people IohK people. Really wonderful. Later that night, I actually hosted a event with Treevolve and endmaker on real world assets. And I also hosted a panel with penny JPeg store shout out. But essentially that was a really like wholesome night. It was a dinner, great food. Charles even came and spoke.
Nightlife in Singapore
So it was really just so. I don't know how to explain it. Like the fact that you can travel the world, you see the same people, you go to these events, you hear all these panels, it's just like unmatched, I would say. And then just throughout all the side events, there's this club called the marquee. It's in Marina Bay Sands. And it's insane because this is like one of the most famous clubs in the world. There's a Ferris wheel inside. But the sheer fact that every single night during this token week, some crypto company had their hands on this club and were throwing their party. Night one, it was like Monad. Like, night two, it was like magic. Eden, like, night three, like, it was insane how every single crypto company, like every single week, if you wanted to go to this club and enter for free, you really could have.
Networking Strategies at Crypto Conferences
Just like, that concept is insane to me. But I know, Travis, you went quite a few times, I think, smurfy, Jason Pareto, if you guys want to chime in on your club activities. So, like, I just want to say, like, if everyone, if anyone ever wanted to go to a crypto conference but they didn't want to pay the $600, the $400, a $1000 entry, sometimes just go to the event and just skip the actual main event and just go to side events all day and night. Like, there was 800 side events. 95% of them are free. Like Tom said, you get into these world class parties, clubs, rooftop bars, and most the time is open bar now as well. But you can really just have a great week for free. You just fly there, stay there.
Personal Experiences of Conference Goers
You have such a good time. The marquee parties, like you said, with the Ferris wheel inside, were completely insane. That was a magic Eden party. It was free. I don't think it was open bar. I definitely spent a lot of money there, but it was still really cool to get in and go. Totally insane, for sure. Smurfy, what's up? You know, I'm actually so mad to learn that the marquee had a Ferris wheel now because I was there for the Sui after party with Steve Aoki and whatnot. Man, that was such a lit climb. I enjoyed myself, but I'm actually mad you told me now there's a Ferris wheel. Why didn't I get to know earlier during the week? But now it's fine. Just joking.
Networking in Side Events
On that point of side events, though, like, that's actually a really good tip for anyone going to a future, you know, crypto conference, at least like, you know, one where there's multiple crypto chains and communities is like, the side events is actually where you do the networking with people and, like, you know, where you get to build on those personal relationships and connections you establish online. Like, I went to the Persona side events. There's, like, you know, one of those NFT communities on Heath. and I just met, like, every great person I've ever, you know, chatted to over on x. So the side events is really where the alpha is at. Next time I got to get into the Azuki one. But, yeah, Pareto, over to you, man.
Conference Strategies for Effective Networking
Yeah. So I'm not much of a party guy. I didn't go to any of the parties, but some Alphabet the conference. And actually I saw Florian. No, wait, sorry, the snake guy, what's named Goofy. Also talk about this is, like, as a team or maybe as someone like, content creator. I think it's a good strategy when you go there to organize, like, a lunch because, like, sometimes you meet someone and you talk for them, like 15 minutes, but it's a bit random. And then you're going somewhere else, some other side events. So we did, for example, with the USDA team, like we said, okay, this day we get a lunch one, 2 hours, and then you get everything done that you have to.
Planning and Organization Tips
We also do with some other teams. We'll hopefully do in Dubai with some teams as well on Cardano. So that's a good alpha. Like before the conference, if you know someone gonna be there, just tell them, like make an hour or 2 hours of space for me and then we have a coffee. Because if you don't do that, then you just meet them there randomly. Yeah, it might not be as productive or you might not get both what you wanted out of it. So just a small tip there. I think that's some killer alpha. And I think just in general, if you're going to a large crypto conference, you actually need to plan.
The Importance of Pre-conference Planning
It's like so much more beneficial if you just plan out your week at least a week before. You should rsvp to all assad events the week before. A lot of them fill up even though they're free or like, I guess that's why they fill up because they are free. Like you're going to like a rooftop party in New York City or in Singapore with open bar and an amazing dj and it's free. Like, you know, obviously people are going to sign up for that. So you really need to plan out your week. Having a dinner with teams you want to meet. It's really important. Like, just meeting everyone you really want to go there to meet is super important because you'll just meet random people all day and night.
Living and Traveling in Singapore
So I think just having a focus on who you're there to meet specifically is always a good point. So great point there, Pareto, for sure. How about we talk for 1 second on just how insane Singapore is from some of who's never been there before. And if you've never been to Singapore, it is kind of mind blowing. It is the cleanest city in the entire world. There's no garbage anywhere. There's also no garbage cans anywhere. So I don't understand how it's just spotless. But I had to carry a water bottle for like 10 km in Singapore just because I couldn't find a garbage can.
Cultural and Social Observations in Singapore
So I think, you know, that just happens, I guess just cultural differences. They just keep everything so spotless. Everyone is so nice and has such good manners. You go to the subway station, everyone is very quiet. I laughed a couple times talking to like Jason or something and I swear to God I got like, looked at, like, people are so quiet in Singapore. It could be a busy subway station, and, like, the decimals of volume are super low. And it's incredible just how clean and quiet everything is. Like, using a New York subway and using a Singapore subway is actually, like, you went in the future, 300 years to a different society of humans that now are just way more peaceful.
Regulations and Cultural Norms
Anyone else want to chime in on any Singapore experience they had or just their thoughts? Yeah, Travis. I think the reason there isn't trash is because you get a $1500 fine for your first offense of littering. So, yeah, I mean, Singapore is, you know, really well running, but they also have a lot of crazy rules that you may not realize. Like, I think a couple people from the crypto event got arrested for having a vape. Like, vapes are illegal there. You can't, like, you can't sell chewing gum there. So they're very big on gum. You can't, like, drink water.
Walking in Thailand vs. Vietnam
I'm finding Thailand pretty bad for walking in the busy parts. Like, there's like 3ft of sidewalk, then there's no sidewalk, and then there's 400 cars parked, and then there's traffic. And then somehow you're just supposed to walk through all that. And then I was telling that to Jason and then he laughed at me. He was like, dude, you haven't been to Vietnam yet. Where Vietnam is completely insane for that. So, yeah, I'm just not used to it. But I hear you walking is great. Like, I definitely really enjoy walking. Jason, do you want to comment on Vietnam?
Jason's Perspective on Walking in Vietnam
Well, I don't want to like docs Pareto's location, but I feel like where you're at Vietnam is very hectic and crazy. And I completely agree with you. You can't walk there. But there are other aspects. There are other areas of Vietnam that are a little more walkable. You've just got a. No one stops for you in Vietnam. And even if the crosswalk says you can walk it doesn't mean you can actually walk, because people just run the red lights. So you kind of have to play, like, crazy frog a little bit and kind of dodge in between the cars. But honestly, I kind of like it after a while. Like, it's nice not needing to wait for, like, the crosswalk or, like, for the light to turn on.
The Unique Traffic Flow in Vietnam
You just kind of walk across the street, and somehow it works, and somehow, like, people don't get hit. Yeah, it's. It's really weird. I don't like. I remember I posted a video on XDev months ago now when I was in one of the places in Vietnam, and I, like, just couldn't comprehend how all of the traffic sort of just flows together and no one runs into each other. Dude, like, that shit is, like. Like, when you low, pumped up fun. That's what it reminds me of. I'm trying to, like, cross the street. I'm like, this shit is insane. How does, like, no one die here, and I haven't seen one accident, one bump, nothing.
Comparison of Traffic in Thailand and Canada
And it's, like you said, is chaos here. And if you know worse. I don't even know, dude, small town Canada, you're about to cross the road. People slam on their brakes like, oh, sir, please cross the road. Go ahead. You know, take your time. They, like, wave at you know? And here in Thailand, like you said, you just got to weave through it, man. You just got to have that confidence. The confidence is building up. I think if you're. If you're a little wuss about it, that's when it actually gets dangerous. You just need that. Like, I'm just walking across the street, like, right now through, like, four cars, and you just. It just works out.
Challenges of Crosswalks in Asia
I don't understand, either. Absolute side rail to the discussion. But I'm here laughing because if you're complaining about Vietnam or Thailand, I don't think any of you would survive India. Like, you have to add to your Asia to the list. And then, like, we can do a second follow up space where we're like, okay, cool. How's crossing the road India? Because you'd probably still be on the same side of the road. I'm going to Pakistan soon to visit Penny, and he said it's also completely insane for traffic, so. But I hear you. I heard India's crazy. Guys, we got. We got a little sidetracked talking about traffic here.
Current Projects and Future Plans
Let's get back to a little bit. We're near the end of the space. Let's go around to everyone and just see what they got going on. Well, like what's coming up in their lives or what's coming up with their project. Jason, do you want to go first? Just give us like a little update what's going on with jelly and what your short term plans are and what's going on. Yeah, I mean we've got a lot of things working, but I guess the main thing is our jelly pad which is all about marketing, advising and creating really high quality posts and strategies and marketing materials for projects.
Focus on Upcoming Projects
Right now we're mostly focused on projects that haven't actually launched their token yet and we're calling it jelly launch. And we announced our first project that we're working with called Pandora. And they've actually got a lot of really cool things that they've been building, so feel free to give them a checkout. I think that they're actually doing some pretty dope stuff on Cardano that I haven't seen any other project do yet. So yeah, that's where a lot of the time has been going in talking to different projects, analyzing them, helping them come up with better strategies, helping them market better, building a whole team around it, ton of moving parts.
The Importance of Marketing in Cardano
But that's the main focus right now. I think that's great, man. I think there's one thing that Cardano ecosystem sucks at in general, and JPEG store does too, is marketing. I think it's been a struggle for the whole ecosystem for a long time. So we definitely need more of you guys doing that. People need help with marketing. Cardano is just all engineers and devs, you know, we need some of those marketing people to really give it a boost, you know, like time and yourself. You guys are kind of killing it.
Time's Ongoing Activities
So I think we're getting better as a community. But we definitely need more of those services. We need more marketing. 100% time. What do you think? Oh, you lose time. Oh hey, it's time for you to switch on the microphone. Okay. Yeah. It's so funny. Someone came up to me, they're like, what's up? I'm like, hey, I'm crazy view. I'm in Switzerland at the CV summit. It's been ten years of Ethereum today. But anyways, it's just really funny. I'm just like, hey, yeah, it's crazy view to host a Twitter space.
Networking and Future Events
And they're like, oh sick. And I got their Twitter and now they're in this space. So look at me onboarding. But I actually will probably have to jump. But I did want to say that I did see Charles today. He spoke on a panel for the Ethereum founders panel. There's like four of them. Pretty cool, pretty exciting. I might have posted something, but yeah, just stay tuned. I'm going to an event, like, every week. I don't know what I'm doing, but we're out here. Appreciate all of y'all. Hope you all take it easy.
Conclusion and Appreciation
I'll see you on the timeline. Much love. Awesome. Thanks, Tom. Thanks for co hosting, as always. Yeah. For those who don't know, time is I'd walk out of the convention and sit by the beautiful Switzerland lake to host a space with random people walking by and who she on boarded one. So let's go. We're ending the space time, so don't worry. You're good to go. We're near the end here. Just last couple people. Smurfy. What's going on in your life, man? What do you have working? What's up?
Smurfy's Upcoming Projects
Just give us a little update on what you're doing. Yeah, man. I'm not actually sure I'm allowed to say too much, but the funny thing is I'm working with both Jason and Perina, so that's more or less what I can probably say without giving too much away. But, yeah. One of the things I can probably disclose that I'm really happy about is one of the catalyst proposals I put in partnership with Minswap. We're going to be kicking something off. Finally got through the catalyst bureaucracy, and we got the first milestone funding and everything. So that's something I'm really excited for, which I can disclose.
Marketing and Future Endeavors
But, yeah, more towards the marketing side of things. Going to be picking up some spaces, going to be picking up some back end work for other projects. It's looking like an exciting q four ahead. So you, Jason and Frito potentially working on something. I didn't know about it. Did time invite the cabal to the space and not tell me, like, what's going on here? What's going on here? I'm just kidding. I actually love that you. You got through that catalyst proposal. That is a wall of theocracy and is not an easy feat to overcome.
Further Discussion on Catalyst Proposals
Catalysts and, yeah, just congrats. I'm happy for you. Last but not least, Pareto. Do you want to give us a shout? What's going on with you? What's going on with mint swap? Just. Just sign us off. Sure. Actually, minswap, we have planned an off site next week, so we're supposed to chill for a week in body, like, the whole team. That's gonna be cool. And it's supposed to because we did v two, right. The v two three months ago. And so I think, I hope that we deserve a little bit of a break.
Continued Progress and Upcoming Events
But I don't know if it will be a real break because we're working on so many things. But the main one is. Yeah, kind of smurf. You already spoiled it. Thank you. We're working on something. Yeah. With jelly Cube store. In essence we're working on an IDo. So we have already now the LBE and it's been popular, it's been used by projects. For example, fluid used it and was pretty successful event. But it's true that it's not a good way to launch token for some projects because for example, some projects don't have any funds.
Feedback from the Community
Right. So then why are they bootstrapping that much liquidity if they only want to raise funds? And yeah, you can raise some funds with the LBE but it will not be much. Will only be 30% of the ADA deposited. And with the ido it's a hundred percent. So yeah, we listen to the feedback as always. And people want an ideal, they will have ideal and they will have some pretty. Yeah, tasty ones upcoming. I did make a tweet that the presale meta coming back to Cardano.
Looking Ahead in Cardano
Let's see if it come with the force that it did like way back could be. I mean we're having a pretty, were having a pretty good enter of into October. Now it seems to be downtober but let's see and yeah, that's exciting. I think hopefully new pre sales, new projects, launching tokens on Cardano getting a little bit of the excitement back. That would be fantastic. I hope so. Hope you all support. Yeah, yeah, we're looking forward to it.
Collaborative Growth in the Ecosystem
I think that's a good approach for you guys and yeah, we need some more excitement back in Cardano. I think, you know, rising tide lifts all sees. We need everyone to just succeed and do well. And it just minswap doing well. Jelly cubes does well, you know, JPeg does well. Like it just, it all helps each other. Right. Ada needs to go up. That's number one. Once Ada starts going up, I feel like everyone just comes back.
Building for the Future
The ecosystem comes alive. But that's one thing that's out of our control. But one thing in our control is building new projects, updating current projects, just working heads down, getting things done, onboarding people times, onboarding random people in the street, you know. So doing things like that really add up over time. Really excited to hear what you guys have going. We'll end the space here. Guys, I'd like to thank everyone for coming.
Wrap-Up and Appreciation
We had two guests with COVID that didn't make it, but we managed to get the whole hour out of this anyway and I didn't feel like it was too much for struggle. Thanks again. Thanks everyone for coming. Have a great week. Thanks for joining the Cardano update. I usually have outro music, but it's not loading. Thanks everybody. See you next week. 04:00 p.m. uTC every Wednesday rock will be live then, so it should be really exciting.
