Space Summary
The Twitter Space http://CoinMerge.io Presents Our Spotlight #AMA w/@RuneVMChain hosted by coinmerge. The Twitter space hosted by CoinMerge.io featuring @RuneVMChain delved into the world of Web3 data, APIs, trends, and the CoinMerge Operating System, $CMOS. The conversation highlighted the importance of AMA sessions, promotions, and the CoinRankerSuite BuyBot. These insights provide a glimpse into the evolving landscape of Web3 technology and infrastructure.
For more spaces, visit the Infrastructure page.
Space Statistics
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Questions
Q: What is the primary focus of CoinMerge.io?
A: CoinMerge.io primarily focuses on conducting AMA sessions and promotions.
Q: Who is the key contributor from @RuneVMChain?
A: @RuneVMChain contributes insights on Web3 data and APIs during the space.
Q: What tool related to CoinRankerSuite is mentioned in the discussion?
A: The CoinRankerSuite BuyBot is mentioned during the space.
Q: What is the significance of $CMOS in the conversation?
A: CoinMerge's Operating System, $CMOS, is highlighted and discussed.
Q: How does this space relate to Web3 technology?
A: This space discusses Web3 data, APIs, and their importance in the industry.
Highlights
Time: 00:15:48
AMA Sessions and Promotions by CoinMerge.io Insights into CoinMerge.io's focus on conducting engaging AMA sessions.
Time: 00:25:12
Web3 Data and APIs with @RuneVMChain Discussion on the significance of Web3 data and APIs by @RuneVMChain.
Time: 00:35:29
Exploring Trending Topics and CoinRankerSuite BuyBot Insights into trending topics and CoinRankerSuite's BuyBot functionality.
Time: 00:45:17
Unveiling CoinMerge's Operating System, $CMOS Details on CoinMerge's Operating System, $CMOS, and its features.
Key Takeaways
- CoinMerge.io focuses on AMA sessions and promotions.
- @RuneVMChain contributes insights on Web3 data and APIs.
- The discussion includes trending topics and the CoinRankerSuite BuyBot.
- CoinMerge's Operating System, $CMOS, is highlighted during the space.
Behind the Mic
Reconciling Relationships
Your brother. You have to make it right. And I will be. Carry on without your own love. When I tell you're the one feeling like you're going down. You're thinking sip is being.
Introduction to the Event
What is going on? Guys, welcome to the coin merge technology space. We have a great one for you tonight. A spotlight presentation with Roon VM chain. Really excited to do a deep dive into what these guys have to offer here. I'm going to go ahead and ask everyone to hit that post up there at the top. Hit that with the like. Hit that with the repost. Looks like we got 31 repost, 97 likes. So I think we could do a little bit better than that. I'm gonna throw on a different tune or maybe just the same one and wait a couple more minutes for the room to fill up before we get started here. Hey, I see big time aki from Oxo. Cool stuff there. And some other accounts here. So be spreading it in my telegram group channels as well. And we'll get started here in just a second.
Song and Presence
Well run and I'll be sure to find behind your eyes. Yes. By the way, sweet. I. And I tell you're the one who opens up my eyes. And if you try to love that. I'll be on your side. You'll never know. You'll never know. You'll never know if you're outside. You'll never know. You'll never know. You'll never know.
Room Instructions
All right, all right. Enough of that. Hey, we got Manuel here. That's always good. I always throw mic requests. He doesn't have to take it, but appreciate that. All right, guys, it looks like the room's filling up nicely here, so we can go ahead and get started. I'm going to go ahead and direct you guys one more time to the poster at the top. Click that. Give it a. Like, give it a repost. Get that deeper into x spaces for us. We appreciate that, as does Roonvm. Just hit up a bunch of my telegram groups as well. So hopefully some of those people will be filing it as well. Of course, it's important to build the biggest possible audience for our utility project friends over here, Gotham.
Mic Check
Can I get a mic check from you? Yes, sir. Yes, sir. Welcome. And thank you for having me as well. Yeah, absolutely, man. I'm excited to talk to you here. Kind of was digging into roon VM a little bit earlier today and yesterday and, like, what I had to see. But have some pretty big questions for you as well about how it all works. And, you know, what the opportunity is here for the listeners as well. So excited to get into that. But before we do just a little bit about ourselves. We are coin merge technologies.
Company Overview
We've been in the space for three and a half years, believe it or not. We launched our project in July 2021. And ever since then, I've kind of adapted and evolved to the crypto space. And one of our major roles here is a promotional company where we find the best crypto projects. I tend to err on the side of utility, and I don't know if it's error, but just tend to prefer utility. But I like meme products as well, and we promote them. We push them deeper into x spaces, we push them around defi in general. We try to find products that are created, new users, as well as tokens, new holders. Of course, everything said on here is not financial advice. So anyone that does that, does so at their own risk.
Advice for Investors
And make sure to do your own due diligence. Is Billy someone that is going to be representing you or. No, that's just a stranger requesting Billy. I don't know. It could be. Maybe bring him up and see if he's part of the team. Looking at his. Oh, no, I've seen him before. I've seen him before. Yeah. Okay. Fair play, man. Well, great to have you on here again. If anyone's interested in promoting with us, feel free to reach out to the c in the top left corner. Send us a DM. I am. I would love to get the root VM chain on here, but if I can't, I'll just pin a tweet for them so that people can more easily find the project.
Expectations for the Project
So I'll just pin this tweet up here to start, and if the main account there doesn't join, no big deal. So if everyone looks at the top of their screen and scrolls all the way to the left, should be coming in here in just a second for y'all. There it is. The roon Vmdez token is live. There's the CA, the Dex tools link. And from that you should be able to find all of the socials that you need, the telegram and whatnot. So make sure to throw a follow on the official roon VM account and join their telegram. I'll post that a little bit later as well.
Event Structure
So. All right, let's get into this, guys. The format is we're going to basically just talk about room VM for 30 to 40 minutes and really see what we can learn, and hopefully that will be illuminating to current listeners. As well as future listeners and what potentials and opportunities there are to be had here as well. So from the top down, I would love to know a little bit about the history of RoonVM, who started it or when rather, and also when rather did the idea for conception kind of come into play and how long after that before the project actually launched?
Project Background
Sure, I'll just take it away there. So the team has been working on this project for several months. Just for full clarity, I joined the speakers panel or got contracted to speak on behalf of the team when they launched. But since they had the idea they've been working on a product, they saw a gap in the market. We all know that as the crypto entire, the crypto industries, decides to expand with the upcoming bull run and predicted to be a $10 trillion asset class, runes are inevitably going to need an ecosystem of their own to perform in. So that's where Roon VN comes in. It's essentially a layer two specifically for runes. They saw the gap in the market, they started to develop their project. It's still in development.
Future Developments
And I think as we get through this bull run and as we see more dust wallets or utxos, we're going to have an opportunity for runes to be a major player and a key fundamental part of the bitcoin ecosystem. Sort of like a spinoff or a secondary market for the bitcoin ecosystem. And that's where Roonvian comes in. That's awesome, man. Yeah, I was reading about the bitcoin thing, but I noticed that right off the bat that you guys are a cryptocurrency launched on Ethereum.
Understanding Runevm's Functionality
So I'd like to know a little bit more about how that works and. Why I. Yeah, so they've decided to use the EVM, the Ethereum virtual machine, just because it allows for more functionality for bitcoin. Because natively on bitcoin you're quite restricted just because of the very nature of the chain in what you can and can't do. What this allows is it allows Runevm to add utility to bitcoin. So now with your runes, you're able to create other projects or other ecosystems, such as maybe a pump fund fork, maybe staking for runes. The utility just is endless and is non existent currently. So you're really opening up the doors to an entire new part of the roon ecosystem. And I think that if Roon VM hits the nail on the head and they continue to push and continue to develop and deliver what they've promised, we will end up with a very polished project that gives you a lot of opportunity to explore something that doesn't exist in the market. Obviously that's going to attract a lot of investment, that's going to attract a lot of attention.
Potential Use Cases of Roon VM
Can you imagine having meme coins, having nfts staking all taking place on the native bitcoin chain using your runes, since you don't want to really spend your main bitcoin wallet since that's seen as digital gold, as we all know. So imagine if this does open up. That's really the functionality of having it on Ethereum. It's also much more accessible for investors since everyone's very comfortable trading on Ethereum. I'm sure everyone in this room has a metamask, has experience buying coins, projects, utilities on Ethereum. So not only is it comfortable, but there's also that added layer of utility. Yeah, I think it's important from marketing perspectives, specifically in the defi space, of course, anytime I hear like ordinals, I'm like, oh, you know, or something like that. Bitcoin ordinals. I know that they're nfts in the bitcoin blockchain, but like there's definitely this learning gap where people aren't ready to kind of make that next step, or there's just a learning curve to any new chain.
Interactions with Bitcoin Chain
Obviously bitcoin is not a new chain, but yeah. So there are limitations on what you can build on bitcoin, on the bitcoin blockchain and not the code's a little bit more strict. Ethereum was revolutionary because it opened the door for so many smart contracts and businesses to be built, including what we're seeing here. I would like to know then exactly in what way does the product for Roonvm interact with the bitcoin chain? How does it leverage it, how does it use it, how does it interact with it at all? I mean, I wish I had someone technical from the team to speak on this, but essentially you're enhancing the bitcoin experience. I'll go into this from a marketing perspective just because my technical knowledge on the project is fairly limited, but essentially you're using bitcoin and you're able to create a layer two on bitcoin using the EVM to allow for all of this functionality to take place.
Project Transparency and Team Communication
So, yeah, I'm really sorry I can't answer your question in any significant detail, but that's the gist of it. No, that's okay. Obviously different companies have different representatives, and if we had an engineer on here, we probably wouldn't get the clearest answer from the marketing perspective. And sometimes it's good to have. Have both or one or either, but. Exactly. And also, I don't think that they would share entirely how it's working behind the scenes, just in case there are competitors listening in. Since it is a product being, it's a first of its kind, it's fresh to the market, it's never been done before. So I think that they might be holding how it actually works behind the scenes close to their chest because I can't see any trace of it on the website or through the white paper, which I'm scouring through right now. Yeah, I mean, I've definitely been the type of person to interview people and then. And then hit a wall with stuff like that.
Product Accessibility and User Interface
Like actually, that's proprietary knowledge and we're not going to share it here in this AMA, so totally cool in that capacity. But my question then is what does that look like potentially for someone using it? So does that mean that you're trading with bitcoin through like a deck somewhere or. Or what do you know? Yeah. Yeah. I think what you're going to be able to do is you're able to use the roon VM protocol, the platform that they're creating, which will be very user friendly. It will be a couple of clicks and you'll be able to interact with your bitcoin. I'm sure there's going to be some sort of swap or bridge on the platform where you're able to swap over your runes into Runevm tokens and then use them through the website and then add that layer to functionality to it.
Website Insights and Future Considerations
And I think that's how it's going to work again. I wish I had an engineer here to back up what I'm saying, but they're keeping it close to their chest because they haven't even discussed it with me. Okay, yeah, fair play on that. So the website is up. I was looking through it a little bit earlier. 1 second. So let me just pull that back up. No, as you can see, they've put a lot of effort into the website as well. The website is fairly clean. It is up and running and it sort of gives you a bit of a taste of what's to come in terms of the way that they're producing this. It looks very professional, very clean, and it makes it much easier to get whales on board or have those discussions behind the scenes and getting institutional investment when the time is ready. Yeah, well, that does kind of beg another question for me, which is the team themselves, how much do you know about them?
Team Transparency and Experience
Are they registered business? Are they docs, are they KYC'd or otherwise? Could you tell us a little bit about the team? And even if they're not, which is totally fine, obviously this is the defi space. Any kind of information or background about why we believe they're effective? Yeah, I can tell you that they are legally registering their company in the UK. I'm pretty sure there was some mention of that. So they will be fully doxxed and so that should instill a lot more confidence and help them later down the line. Yeah, absolutely. But in the meantime, have you met them personally and maybe any personal testimonies or, you know, what's your experience? Yeah, yeah.
Reputation and Community Engagement
I mean, I've had a couple of conversations with them. They seem very down to earth. They seem like they know what they're doing. They seem like some, you know, that they're very focused on the product, I can tell you that much. So the team seems legit to me. I obviously do my due diligence before I attach myself to any project, to the best of my ability, as we all do, and they pass my checks, I think that they are a genuine product. I think there are a team here to make a difference in the space and I can see them doing that. Yeah. Awesome. Obviously, when you have limited information, it's important to just figure out what you can and kind of get the sense there.
Community Interaction and Project Updates
But I assume they also are pretty active in the telegram, which is the main community hangout. Super active in the telegram. They're always posting minor updates and interacting with people who have questions and comforting investors. So that's always good to see as well. Absolutely, man. Yeah. Awesome. Okay, so when it comes to my next question here was surrounding, well, how much done are they? Which I know is maybe a question you run out here, but how close is the actual product to being live? I know the token is live, I was looking at the chart earlier, but do you have any kind of inclination, is there any roadmap or timeline for when this goes live or is it kind of dependent on funding?
Progress and Roadmap Insights
I think that as the project gets. More fleshed out that this will become a bit more transparent. I don't think that they have a roadmap in place yet again. I think they launched a product first, see if there's an appetite for it since it's first to market, see what type of engagement they're getting on socials, and then they're going to take it from there. And I think that is the next step, to update everyone with a roadmap with what comes next, onboarding kols and getting that all sorted in the background while they're able to then just freely work on developing the project out. That's to the best of my understanding. Yeah, no, fair play, man.
Market Trends and Investor Behavior
So when it comes to the general market as a whole, which obviously is on a little downtrend today, Bitcoin has outperformed ethereum this cycle so far. Do you think that plays a role into the business decision of trying to appeal to bitcoin users and find a home for that bitcoin? I think that bitcoin will, it will slow down. Right. As always, what we see is bitcoin perform well first, and then it's closely followed by ethereum and then meme coins, obviously. Are they doing their own thing, just making million heads on a daily basis, that eventually the money will return back to blue chips and then we'll see ethereum absolutely take off.
Future Projections and Market Optimism
I think what they've realized is the safest bet in the entire space is bitcoin. And bitcoin will continue to push aggressively to the upside. Of course it will get outpaced by theory at some point or another, but I think to capture on the entire market, to see Reuters and Blackrock predicting that bitcoin will reach a valuation of $5 trillion alone, which is roughly a five x from here, I think that they want to capitalize on that. I think that they want to try and eat as much of that market as they can. And as the market and the demand for bitcoin grows and all of these utilities added to bitcoin this time around you've got bit stamps, you've got ordinals, and now you've got runes all interacting with bitcoin, I think that they're going to realize that there's a need to flesh out those ecosystems and that's where they're sitting in perfectly.
Building the Bitcoin Ecosystem
There's a lot of attention on Ethereum, there's a lot of attention on Solana and building out those ecosystems, but there's not so much of an attention or pressure on building out the bitcoin ecosystem. And I think that's where their mindset is, to flesh out that ecosystem for the layer one. That's always been the top layer one. I think that's what they're thinking. I think that it's the right approach to have, and I think that as we see bitcoin start to climb up and all of this institutional money pouring in the 150 days post. Halving normally indicates the start of the bull run, which coincides very nicely with the end of the presidential elections.
Macro Environment and Investment Trends
And we've just had the interest rate cuts, we've got regulatory constraints loosening globally, more acceptance of crypto, and institutional investors finding it more comfortable to invest in. We're seeing the ETF's for bitcoin as well fly off the handle, whereas opposed, we're seeing the inverse effect of that happening on Ethereum. So I think all of this coming into play, it makes developing out the bitcoin ecosystem the safe choice, and I think that's where the mindsets are. Yeah, no, it's ironic. The chain with the most amount of money, far and away the most amount of money, has the least amount of competitors and tech building upon it, just because of what some of the limitations of the technology are.
Ambitions in Blockchain Engineering
Now, I'd love to be a blockchain engineer and I'd love to understand everything that kind of goes into why it's difficult. I know that Ethereum made it so easy for smart contracts to launch on end, so I'd be curious to talk at some point to the team as well and kind of get whatever non proprietary details they're willing to share and things like that. The token launch, though, when did the token launch?
Token Launch Details
The token launched about eleven days ago. So it had a fair launch eleven days ago, and I think that they have around 500 plus holders currently. So they're doing quite well. They're holding their own. Obviously. It's very early days, like I said to you, I think that they were testing the waters, seeing the appetite for the project, and they're going to take it from there. I think all of that set into place and it set them in a really good place for the next leg up for the project. Now that they've established that people have clearly invested, they can see the opportunity here. It gives them an incentive to build out the project and really get the ball rolling, which I think is the next step.
Future Expectations and Community Updates
So we should expect a roadmap imminently. We should expect some updates to the community as to when the actual utility will be launched. I think all of this is next, which really is an exciting time for the project. Yeah, absolutely. And again, guys, if you want to stay up to date on these things, for one, follow their ex account, because I'm sure a lot of the information will be there. And then, as is tradition, sometimes more casual conversations and details come out in telegram, so you can find that on their website, which is Roonevm IO and then you can find links to their socials and everything else like that.
Token Performance After Launch
So. Yeah, but launch obviously went pretty decently and like all tokens had a retrace. And then in the past three days, we've kind of seen a resurgence. I think it's like up 50% today. I'll just take credit because we posted this AMA link, of course. Thank you so much. Coin merge. This is all thanks to you guys. No? Yeah, I'm just playing, but it's just kind of coincidental and funny. But in any case, what kind of marketing strategies has the team utilized since launch and any notable kols or plans or listings or things like that so far?
Current Marketing Strategies
Sure. I mean, so far it's been all organic. This has all just been interesting. The project, they've now started to do more spaces, so we had a really good space yesterday with our community. Sorry, a couple of days ago. We're now doing interacting with you guys on coin merge. We've got a bunch of other spaces and AMa's lined up. Obviously, I'm going to be yanking their chain as to get more technical details so I can share it with you guys. But it looks like they're getting their eggs in a basket right now. They're getting their ducks in a row, and they're getting everything prepared for the next leg up. I think the next step will be update everyone with a roadmap, give them updates when the utility is launching.
Future Steps and Community Engagement
Get the Kols on board, just sort of post. And when I say kols on board, all they're going to do is reach out to certain individuals, let them know about the project, and if they have an interest in it, they'll post it organically. So I think everything you've seen so far is organic, and I think that they're going to continue to go down this path. That's the best to my knowledge. Again, also, getting CX listing is going to be very easy for a blue chip coin because obviously meme coins need to go through a little bit more of a due diligence. Sometimes they get turned away from certain centralized exchanges. I don't think we're going to see that problem here, especially when we're actually tackling a problem that needs to be tackled.
Opportunities in the Market
So a very exciting opportunity currently a couple of weeks into launch, and really you're getting in at the ground floor at these levels. Awesome, man. There's still no details necessarily on how maybe the token will benefit from the ecosystem. It sounds like we're very much, at least unless you're aware of something I'm not, but it sounds like we're very much in the concept. Is there testing the market waters and ready to do the next leg of marketing, which seems like it's starting now with us, but definitely could see more promotion happening in the future.
Community Influence
What role does the, first of all, what has been the overall sentiment of the community and the energy within the telegram, and what role does community play for Roon VM? And the last question that's kind of attached to that is how does Roon VM kind of utilize or leverage the token and community to push the token eventually the product? Because obviously, whenever there's a cryptocurrency, it acts as a marketing arm for sometimes the products as well. Yeah, I mean, thanks for the question. First off, the community is the fundamental backbone of this project.
Community Engagement and Future Roadmap
I think that they're doing everything that they can. I think they're engaging with the community. The community is also very engaged with the project itself that's taking part in raids. You know, we're having little mini raids currently. The community is building out. I think we have some very loyal investors who see the potential here. They see where the project's headed, they see the vision. And I think all of that has been instilled by the team, being active in the voice chats, in the telegram, getting involved, giving them regular updates. So I can see more of that. I can see that being built out.
Project Vision and Community Responses
I can see once a roadmap gets released, I think that the community is going to absolutely love it. They're going to get a better clear picture as to where this project's headed. And yeah, man, I just think that the community right now is on fire. They are taking part in raids. They're asking very intelligent questions. They want to know more about the project and really its impact on blockchain, on bitcoin, which if you look at it, if you zoom out a little bit, once this actually takes off, you're going to take a lot of volume off of, you're going to take a lot of pressure, volume, liquidity off of the main bitcoin chain because you're able to use these utxos or unspent transactions, all these dust wallets that you have with a bit of bitcoin in them and actually implement them in a new protocol.
Long-term Effects of Roon VM
You're able to engage with the rune. So I think that they're really looking forward to it. They're able to see the wider picture here. Theyre able to see how its going to affect the wider market, theyre able to see the absolute goldmine of a use case weve got currently. Im also just very excited to see this all play out. Yeah, absolutely, man. Theres so much marketing opportunity when it comes to the bitcoin chain. And again, just a lot of bitcoin maxis just sitting around with their bitcoin waiting and waiting for an opportunity to utilize that.
Perspectives on Bitcoin and Ethereum
And again, just a lot of bitcoin maxis just sitting around with their bitcoin waiting and waiting for an opportunity to utilize that. Some of which don't even hold ethereum. I've talked to one over the weekend, a couple weekends back camping. He's just like, just bitcoin. You know, he like, for some reason he bridged into Seoul. Like, he was like, yeah, no, I got into soul, but he just, it's like, maybe he's like anti Ethereum type. I don't know. That's crazy to me, man. Ethereum's my favorite on this, even in my name.
Personal Views on Cryptocurrency
I love Ethereum. I think Ethereum is going to do absolute wonders. I think we need Ethereum. But I have also come across those people who are bitcoin maxis. They don't want to look at anything else. And these guys are normally very wealthy. Think Michael Saylor, think Raoul Paul. These guys have a heavy incentivized interest in bitcoin only. And I think that's where we're going to see a lot of the institutional money go first, which makes it the perfect place to launch a project. Is associating yourself with bitcoin.
Launch Strategies and Market Considerations
It's that tried and tested security as well with bitcoin. Right. I think everyone's heard of it. Everyone and their grandma's heard of it. And it's sort of like it is the logo for all of crypto currently, isn't it? So I think it will resonate with a lot of people, especially newbies getting into the market. I think when you've got a project that is on Ethereum, easily accessible, easy to invest in, and also associated with bitcoin, you're onto a winner there.
questions around Bitcoin Blockchain Changes
Yeah, absolutely. My other kind of a thought surrounding it is like the bitcoin. Okay, so I've interviewed a couple of different projects that have kind of said that they're building on bitcoin. And I'm sure that you don't have these details either, but I've heard it mentioned that any changes to the blockchain, there actually is an organization somewhere that approves, like potential changes to the blockchain, which I don't know if it's true or not, if they were just completely fibbing, but I don't know how much, you know, about that. I'm also curious, you know, does anything happening here require changes to the bitcoin blockchain, to your knowledge, or does functionally it can all operate with the code as it's currently written?
Technical Operation without Changes
I think it can just completely operate with the codes written. You just hit the nail on the head there. I think that because it's being all run through the EVM, we don't necessarily need to be, you know, asking for permissions for code to be changed or anything of that nature. We're using an EVM to run a layer two protocol on bitcoin. So I don't think anything needs to be changed, which makes it a lot easier to develop.
Fusion of Ethereum and Bitcoin
Yeah, maybe you guys need to do a dragon Ball z fusion of Ethereum and bitcoin to show these two blockchains working together synergistically to utilize the strengths of both. But yeah, again, I think when it comes to outreach to the bitcoin community, obviously you mentioned there's the super billionaires who just hold bitcoin because they just want that two x, whereas a lot of Ethereum and altcoin holders are looking for that hundred x because we're peasants, I guess in some regard comparatively. How would you outreach to those people, to the bitcoin community? Because if you're in traditional defi spaces, you might hit more eth maxis, Solana Maxis, things like that.
Capturing Attention in the Bitcoin Community
I think that is an interesting question. I think just because we are attacking the bitcoin chain and because there's not much competition for projects launching with their eyes set on fundamentally changing the way you interact with bitcoin or part of your bitcoins, I think because the competition is so small or non existent, it allows us to flourish without having to do that much marketing, it will easily just attract the attention organically. Again, the actual marketing taking place, I'm sure will be present at conferences, at talks, at real life meetups, I think this is the place that you're able to really engage with the people who are able to make that green bar move on the chart. So I think that is all yet to be fully explored.
Gaining Bitcoin Maxis Interest
But I do think just capturing as much as you can of the Ethereum market, it will organically gain the interest of all these bitcoin maxis because they're able to see, hold on, this is all plastered all over my feed and it's got something to do with bitcoin. Let me go take a look at it. And then you just incentivize that sort of interest in it. Nice I did go ahead and pin up there that Runevm was represented at a token 2049. Man, I can never remember the number of the conference, but that definitely shows that these guys took a little extra steps here to go be represented there. Can you talk about that a little bit? Did they have like a booth or did they just kind of visit and kind of show or promote?
Participation at Token 2049
Exactly. Yeah, yeah. They had a booth while they were there. They had a little set up and they had, you know, the team was all present there and some representatives as well. They were handing out flyers. They were able to, you know, muster up a lot of attention from what I heard from the very short conversation I had with one of the ctos for this project. So I think that just goes to show you what I was talking about earlier about these real life meetups and really capturing the market's attention. I think that they're making the right steps.
Team Efforts and Engagement
Yeah, absolutely. So very important. I saw that they're featured on iqwiki and some other different promotional services there. So the team is definitely not resting. I'm just trying to find and point out some of the things, but emphasize that these guys are putting in the work. And I know while we're waiting for more details about the utility and the roadmap and things like that, it's important to see a really active team and really behind it. Obviously, if someone just launched a week long pump and dump, they typically wouldn't go all the way to Singapore, wherever token 2049 was, to promote it. Of course, not financial advice, but just pointing out some of the things that this team is doing to be extremely proactive.
Funding and Project Growth
Earlier on you did mention something about a raise, about raising funding or venture capitalists. Is that something the project is interested in? I know that they mentioned that they were going to be incorporated potentially, yeah. Again, I can't shed any light on it since I don't know exactly, but. That was just mentioned in the talk as well that. So they are approaching these organizations in Wales and presenting their project. They're also going to these in real life meetups and mustering up a lot of attention. And so inevitably I would imagine that they would see some sort of investment into the project.
Importance of External Funding
Awesome, man. Yeah, I think that's important, obviously to hit the crypto front, of course. But as we know, sometimes when money goes into liquidity pools, people don't like the team selling or taking out money from there. So they need external funding to continue to build the proprietary tech, to continue to build and be able to push the cryptocurrency further. The more funding, the better, I think, when it comes to what will ultimately result in a higher market cap for the token. 100% man, I couldn't agree with you more, and I think it's evident by what the team's done so far that they are taking all the right steps.
Experiences and Opportunities at Token 2049
Token 29 2049 sorry was a huge event. A lot of projects were represented there. I myself, unfortunately, didn't get a chance to go just because I had my brother's wedding in Italy to go to. But it was amazing from what I've heard. I've seen a bunch of pictures from a bunch of different guys. It was just wall to wall, just stacked with booths of different projects and a lot of new people who weren't necessarily open to investing into crypto or had a wallet even set up where they're so great to onboard normies, great for exposure, great to interact, great for partnering with other projects potentially.
Public Announcements and Future Updates
So I'm sure a lot of details were exchanged. I'm sure they made the most of it, and we're likely to see all of this take full swing and sort of be public news when and as the team feel comfortable again, I'm sure that they'll roll out the announcements once they get going. Well, fair play, man. You heard it here. You get some alpha. You get in the ground floor at a project that has a lot to come. I think there's definitely some value in that when it comes to speculation and things like that, because if all the information is laid out there, sometimes the price is already baked in there.
Potential Growth and Community Engagement
I think it's pretty enticing and cool that there's the potential for a whole bunch of a whole bunch of future for this project. New developments, new roadmaps, new releases, maybe some things that are surprising to people, exciting, and kind of keeps the community engaged in narrative. You don't necessarily always want to play your whole hand right at the beginning, especially if ideas are half baked or not 100% ready for community release with the graphics and just making it all look professional and good. So I think there's definitely some value there in waiting to.
Excitement for Future Developments
Of course. Of course. Well, that is it for my questions in particular. Are there things about Roon VM that you're excited about or that we didn't get to talk about here today, things that we didn't cover that might be interesting to potential listeners? Well, first off, I just want to thank you for being an amazing host. I think you asked all of the right questions. I think we had some alpha drop today and also I just wanted to run through some of the things that we spoke about today.
Opportunities Ahead in the Crypto Space
With the entire crypto asset class set to hit $10 trillion, there's plenty of opportunities in front of you for projects to absolutely send to heights that you've never seen before. You want to be investing in opportunities that don't necessarily have that much competition. You want to be investing in things that, you know, have a huge ambition in mind and really are set to change the way that we interact with certain projects. I think, you know, associating yourself with bitcoin itself is going to be a fail safe approach at having a successful project.
Benefits and Functions of RoonVM
There's so many benefits when it comes to scaling for bitcoin since we're handling transactions off the main bitcoin chain. So effectively reducing the congestion and slashes the transaction fees for bitcoin once we become a standstill name in the space, there's also you're directly tapped into the bitcoin ecosystem. Think bulletproof security, think trusts, think the player one, the mvp of the crypto space and having that associated with your project. RoomVM is a frontier for innovation, you know, paving the way for creativity within blockchain, within bitcoin, you're able to interact with runes, which you necessarily weren't able to do before opening up the floor for not only millionaires and billionaires to play around with their bitcoin, but also the smaller guys who want to trade their runes, interact with their runes, maybe take place in some sort of pump farm ecosystem or even get start to take part in some DeFi opportunities such as staking, liquidity pool staking, liquid staking.
Enhancing Functionality and Community Engagement
All of these things will be possible through the Roon VM platform. So all of this, you're providing a whole host of new functionality to runes. You're taking pressure off the main bitcoin chain. There's a community that's growing here. It's a vibrant community. Every time that we see a pump, every time that we see some ounce of news, the community is at absolutely electric. I think that the community also incentivized the team to continuously push and we're also unleashing this huge array of decentralized applications or allowing people to develop on top of RoonVM.
Advancements in Technology and User Experience
This is cutting edge technology. This is why we're in the space, this is why we're here, because there's so many opportunities to develop to create something new. I think all of this is packaged very nicely with a slick UI, with an easy platform, a very newbie friendly platform as well. So I think if you look at it from an outside perspective, it almost ticks every box. You've got a great community, you've got a solid team, you've got amazing product.
Final Thoughts on RoonVM
And top it all off, you've got these very slick graphics which instill a lot of confidence and make it easy to interact with the project. I mean, I think we covered it all today, but I just wanted to end it with that very short summary as to some of the benefits of investing into room VM. Yeah, man, well done. Of course, I'm excited to see where this project goes, how it plays upon bitcoin, the bitcoin blockchain, and I'm excited to see the UI as well and the platform when it releases.
Long-term Engagement and Community Connection
So excited for updates on this. Obviously, this is an early opportunity here, so, but the project is showing, in my opinion, some good signs of really hard work ethic. And again, I think you have to join the telegram and join the community and talk with them direct if you have more questions. But definitely looking forward to having these guys on again in the future, getting some updates from them. The links are all there pinned up at the top.
Current Market Trends and Project Performance
The contract address, like I said, is live. Like every token is on a little dip. But then it's kind of a seeing a resurgence in the past three days. So that's always good to see. And again, thanks Gotham for coming on here and representing it. But most importantly, thank you to the listeners, especially some of the like. Manuel, I appreciate you coming on here steps from, for setting this up and making it happen.
Wrap Up and Community Engagement Encouragement
And if you like what you heard here today, please follow the c in the top left corner. Follow Gotham, follow Manuel, follow steps, follow all these people that made this happen today. So yeah, guys, do your own due diligence. Of course, everything said on these spaces is not financial advice. So go to this community, kind of see things unfold. Take a look at the tech yourselves, what the vision is for the team, and see if it's a good opportunity for you.
Looking Forward to Future Developments
But we appreciate everyone coming on here today. Like I said, and if you like what you heard, throw fall in the sea. We're going to sign off, but keeping an eye on Roonvm chain to see what they have to offer in the upcoming months. So I hope wish you guys a lot of success coming up here. And you know, feel free to send us some updates on X or otherwise. Maybe we'll do like a retweet or tweet of you guys just to kind of keep our listeners up to date as well on the future as it unfolds. So thanks again, Gotham, and we'll see you guys next time.
