Space Summary
The Twitter Space Tapbit & @ice_blockchain AMA EVENT hosted by Tapbitglobal. The Tapbit & @ice_blockchain AMA EVENT offers a comprehensive exploration of digital asset trading, market trends, and security protocols. Participants engage in discussions revolving around user-friendly interfaces, community involvement, and the importance of staying informed in the crypto landscape. The event serves as an educational platform, providing insights on industry advancements, the future of finance, and the benefits of event participation. With a focus on practical knowledge and networking opportunities, attendees gain valuable expertise to navigate the dynamic world of cryptocurrency trading.
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Space Statistics
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Questions
Q: What services does Tapbit offer for trading digital assets?
A: Tapbit provides a platform for users to easily trade digital assets.
Q: What are the key topics covered in the AMA event?
A: The event explores digital asset buying, selling, storage, and industry trends.
Q: How does community engagement factor into the discussions?
A: Community involvement is crucial for sharing knowledge and insights in the crypto space.
Q: Why is staying informed about market trends important for crypto investors?
A: Being up-to-date helps investors make informed decisions and navigate the volatile crypto market.
Q: What is the focus of Tapbit in terms of user experience?
A: Tapbit aims to offer a user-friendly interface for individuals engaging in digital asset trading.
Q: Why is security a significant topic in discussions surrounding digital asset management?
A: Ensuring the security of digital assets is crucial to protect investments and prevent unauthorized access.
Q: How can individuals benefit from participating in events like the Tapbit & @ice_blockchain AMA EVENT?
A: Participation allows individuals to gain insights, knowledge, and updates on crypto trends and advancements.
Q: What distinguishes Tapbit from other exchanges in the cryptocurrency space?
A: Tapbit focuses on providing a seamless, user-friendly experience for traders of digital assets.
Q: In what ways can events like this AMA contribute to the education of participants in the crypto industry?
A: Events like this offer valuable information, trends, and discussions that aid in the educational journey of individuals in the crypto sector.
Q: How can attendees leverage the knowledge gained from the event for their own benefit?
A: Attendees can apply the insights shared to make informed decisions in their digital asset trading activities.
Highlights
Time: 00:12:45
Tapbit's User-Friendly Interface Exploring how Tapbit enhances user experience for digital asset trading.
Time: 00:25:19
Community Engagement in Cryptocurrency Discussions Emphasizing the importance of community involvement in sharing crypto knowledge.
Time: 00:35:50
Security Measures in Digital Asset Management Discussing the significance of security protocols for protecting digital investments.
Time: 00:45:30
Market Trends and Insights Analyzing the impact of market trends on crypto investments and strategies.
Time: 00:55:10
Education and Awareness in the Crypto Sector Highlighting the role of events like the AMA in educating participants about crypto advancements.
Time: 01:05:45
The Future of Digital Finance Exploring the potential growth and developments in the digital finance realm.
Time: 01:15:20
Tapbit VS Traditional Exchanges Comparing Tapbit's approach to digital asset trading with traditional exchange practices.
Time: 01:25:39
Benefits of Event Participation Outlining the advantages of attending educational events for gaining insights in the crypto industry.
Time: 01:35:55
Industry Expertise and Insights Drawing upon experts to provide valuable perspectives on the evolving crypto landscape.
Time: 01:45:10
Networking Opportunities and Knowledge Sharing Encouraging networking among participants to facilitate knowledge exchange in the crypto community.
Key Takeaways
- Tapbit offers a platform for trading digital assets with ease.
- The AMA event delves into digital asset buying, selling, and storage practices.
- Insights on the evolving landscape of cryptocurrencies and blockchain technology are shared.
- Participants gain knowledge on the latest trends and advancements in the crypto space.
- Exploration of the future prospects of digital finance and asset management.
- Community engagement and education play a vital role in the event's discussions.
- Tapbit aims to provide a user-friendly experience for individuals trading digital assets.
- Discussions cover topics like securing digital assets and understanding market trends.
- Attendees can expand their knowledge on the functionalities of leading crypto exchanges.
- The event emphasizes the importance of staying informed in the dynamic world of crypto investments.
Behind the Mic
Soundchecks and Introduction
Soundcheck. Soundcheck. Robert? Sound check. Soundcheck, Robert. Yep, I hear you well. You hear me well also. Oh, thank you very much. It was very nice. So we are starting in four minutes. So see you later here in four minutes then, ladies and gentlemen, we are starting our EMA three minutes later. Three minutes later. Sound check. Sound check. Sound check. Robert. He's still there, right? Yep. Okay. So, ladies and gentlemen, it's time to start our EMA today. And my name is Ridwan capacity, like every week I'm very excited to introduce you some new projects, and today one of them in here. And we're gonna be like with isopen network. So one of the biggest and promising project. So as a topic, as a rhythm capacity, like every week, you know, first of all, I want to introduce you to the Robert from Ice Open Network. So, Robert, how are you? Can you introduce yourself for us a little bit?
Robert's Introduction and Role
Sure. Thank you very much, Friedman, for having us today. As a short introduction, my name is Robert. I'm also known as coeos, you know, when it comes about being part of the ISOPA network team, my role is being the chief operating officer, which I would say, you know, is my principal. No description of what I do. But as we all know, when it comes about the startup environment, there is no, like, fixed, in clear position. You just have to do anything that it has to be done. So, yeah, it's great for me, for us to be here with you and, yeah, hopefully to have a great session. Thank you very much. I think many people is wondering you and your projects nowadays. So that's why the questions that I did make ready for you, all that gonna help everybody who's following you.
Introduction of Ice Open Network
So I think they're gonna get what their answers from their questions. So, yes, my first question, I think is very basic question, because many people around me asking and wondering, who are you? Like, what project you are? So can you introduce your project? A few sentences, please. And what is ice open network and what the purpose? Sure. I would say like very short sentence, maybe for the beginning. And then I would like a little bit of background just for everyone to know, to understand the journey and how we ended up here. Long story short, we are building a layer one blockchain with the mission to build a decentralized environment that would allow a very easy transition of users from web two to web three. To give you a little bit of a background story here.
Journey and Development of Ice Open Network
We started our journey almost three years ago. So that was beginning of 2022, when we had the broad idea of what we want to build. We also had our core values and we knew what our mission was. But then at that point, we have decided that we want to do this in two phases. So for us, phase one would be building the community itself around the ecosystem. And the way we did that is that last year, in the beginning, we launched this tap to mine application and it was a great success from this perspective. Actually we had like, the funny story is that we had like initial launch before, in April, but it was so successful for us that the entire system crashed because of too many users. So we had to go back to the drawing board and redefine and rethink the entire infrastructure.
Successful Launch and User Growth
And a few months later, in July last year, we had like our, let's call it official launch of the application, which was very successful because we actually at that point had 1 million users just after just one week. And then when we ended up the phase one, which was in February this year, we had 9 million users using the app, which was great. Those were like great numbers back then. They are still great numbers nowadays, a very big community from this perspective. And then this February, we said, okay, it's time for us to do the distribution for the users. And initially we wanted to just do a distribution on decentralized exchange. So we announced that we want to do the distribution on Uniswap. But then it was, let's say a turning point and a surprise moment for us when we got bombarded with messages from a lot of top exchanges that were interested in listing us.
Exchange Listings and Phase Two Plans
And yeah, went forward with that. And we had a lot of great listings in the beginning, which was February this year. And then during the last month we also had some other listings. And last week we actually had the biggest number, I would say from this perspective. Last Friday, actually we had 22 exchange listings, which, you know, means that as of today, the ice token is tradable on more than 40 exchanges, no centralized and decentralized. So, you know, it was a great validation, you know, from this perspective for us that we are on the right track. And at that point, you know, we said, okay, we ended up this phase one, we ended up the, we did the distribution, we had the listings. It's time for us to focus on the phase two, which was, I mean, which is actually basically building the mainnet itself, which for us has two main components as of now.
Building the Mainnet and Application Developer
One of it is the blockchain itself. Yeah. So we are a layer one blockchain. We are a fork of the open network. And the other part is building the mainnet application, which for us would be like the starting point for what we actually are building as a main product, let's say, which is this drag and drop application builder, which will allow everyone with little to no knowledge, like no technical knowledge, to be able to build their own applications in a decentralized environment so their own decentralized applications from, you know, various use cases like websites, blogs, social platforms and so on. And, yeah, basically, I would say that would be the, you know, the product that we are focusing on and what we actually are, you know, building from this perspective.
Blockchain Design and User Interaction
So, you know, the blockchain itself is designed in a way to be able to allow, you know, this to happen because, you know, when we think about, you know, how many, you know, interactions would be within the users and so on, we had to make sure that we are, you know, doing this on top of a blockchain, which basically supports like a high number of transactions per second and it has like a low transaction cost. And, you know, that was the reason for us at that point that we choose to do the fork from the, you know, from tone, from the open network. But then, you know, we identified some functionalities that we have to build on top of that in order for, you know, for the ecosystem itself to sustain what we want to build and what other people would want to build, you know, from this perspective.
Conclusion of the Project Overview
And, yeah, that will be, I would say the, you know, the project in like a little bit more broader version shortly. Yeah, as I said. Yeah, it's just shortly, as I say. Yeah. Good. I think it's very clear for our followers also gonna understand, like, getting better to having that information that you're telling us. So thank you very much, Robert. Are you ready for my second question? So it's gonna be about teamwork, so. And commencement. Of course. Teamwork and commitments are very important in a project, in every project, not just yours. And so it's the grounded and promising reality. So can you tell us about your background, I mean, teams background and the technical infrastructure, please?
Initial Communication
Sure. Just one follow up question here. Are you still hearing me? Well, because I got your feedback. Yes, I can hear you very well, but sometimes it's coming and going, so probably the network, but, yeah, we hear you very well.
Technical Preparedness
I have some like, wired earplugs just in case, you know, like, for this. Oh, yeah, it's okay. No problem. Yeah, yeah. Good to. So, yeah, you know, speaking here about a little bit about the background and, you know, everything related to the teamwork we actually been in the tech industry for twelve years as of now, you know, so back in 2012, we started building software products.
Company Expertise
And I would say from this perspective, a big advantage for us was that everything that we did before was for our own, you know, so our expertise was related to everything, product management related, you know, from like having just the basic idea then to develop on top of it, do the actual design of the application or of the software, you know, both for like, you know, technical perspective or UI perspective, and then, you know, start developing it and after that go to the most important part, you know, trying to, you know, sell it to the customers or market it, depending on, you know, what the product was.
Blockchain and Crypto Roots
So from this perspective, it was a great advantage for us that, you know, we had a lot of knowledge from the technical perspective. We also been, you know, very close to the blockchain, the crypto industry, you know, since its early beginnings. And we did that, fortunately, for like, from more perspectives.
Foundational Experiences
So to give you example here, Julian or Zeus, the CEO, you know, he was involved a lot from the beginning within the industry, also had like a crypto mining farm. So he was, and he was actually, I would say, more on the technical part of it. While, for example, I was in 2017, so that was seven years ago, I was the executive director for detainee, which was the leading conference on decentralization at that point of time.
Event Organization and Knowledge Gain
So I had the chance to organize blockchain related events around the world. And it was a great perspective because it was, if you remember, for those of you are not familiar, it was the time when actually the icos were born and there was a lot of buzz around. And that helped me a lot, you know, at that point to understand a little bit more about, you know, everything related to, you know, the project marketing, about the, you know, how to build the product itself, how to, you know, make it be very easy to be.
Utilizing Knowledge for Product Development
To be used by the, you know, by the end ones on, you know, having. For having it ready for the end user. So we took, you know, all this knowledge and of course, you know, on top of that, having the knowledge of the technical team which, you know, were involved before, some of them in very big blockchain project, actually. And some of them, you know, just coming from like financial industry, for example, or for like big, you know, having bigger telecommunications services that they have been set up or worked with before.
Team Growth and Project Vision
So the mix was great from this perspective, you know, because it gave us a very strong base, you know, for, from where to start the project and make sure that everyone is on the side, you know, on the same track and that everyone understands what we actually want to build. And, yeah, when it was like, you know, the beginning of 2022, were just a few people.
Scaling Up
And right now we are 35 people in the team. So we grew a lot in the. In the past months especially. We still, you know, growing the team. So we actually actively looking for various positions now from this perspective. So it was your lads are. Your lads are going bigger?
Understanding Team Needs
Yeah. Yeah. Good. That's, that's. That's why it's catch us, because we're promising and growing projects now. Yeah, I mean, we know it's. Sorry to interrupt. We knew that you can do, of course, any kind of project, just a few people if you want, but then the development pace would be a little bit slower than we would want and blockchain and tech industry, you know, itself is like a very high moving, you know, and fast moving, you know, environment.
Importance of Team Dynamics
So we said, okay, during this, you know, especially during the last month, we have to, you know, grow the team and we have to make sure that we have the development pace that would allow us to build what we want in the time frame that we have in mind. Yeah. Okay. Thank you very much.
Exploring Safety and Privacy
So, you know, when I get ready to questions while I'm researching you and I read lots of articles, comments, paragraphs and even your white paper, and one thing in there caught my eyes very clearly. So can you tell me a little bit about the section? There was a section there called privacy and assurance levels. So indeed, how important is safety and privacy to you?
Core Values
Yeah, so I would say privacy is, if not the core, but one of the core values that we have, you know, together with transparency, you know, or freedom of speech. So it's something that we are, you know, looking to have as much as possible. You know, especially, like, from a thinker's perspective, is something that we always like even, you know, way before beginning this, the ice project, we had, you know, as a.
Building a Safe Environment
I mean, ourselves value ourselves, you know, the team members. So when it came about, you know, building the environment, we have, you know, we had to think a lot about it, you know, especially from, like, the technical perspective. And we know that it's especially within the last year, within the last months privacy. It's a very big buzzword, Ram.
Technological Insights on Privacy
Yeah. So we all know, you know, like recent cases with the telegram and, you know, how something went from, let's say, being presented that as, you know, being private, being encrypted and went into, yeah, I if we need to share your IP address, we will do it. So we knew from the beginning that we want to build something focused around from a thinkers perspective.
Identity Management Services
And the first place where we knew that we need to integrate it was around the identity management service, the one that we call it the ion id because, you know, we wanted to give users full control over their identity, I mean over their digital identities. And I would say there was also a little bit help from like the blockchain technology itself here because, you know, it has this beauty that it can, you know, offer identity management which is self suffering from this perspective.
User Control and Data Security
So which means that user would be, the user are able to own and control their personal information without having to trust like central authority. And because you asked me here about the assurance levels, we followed our different models and different ways to do this. What we do is that we use zero knowledge proofs, you know, for being able to do various verifications for, you know, us or third parties without having to actually reveal their actual, you know, the user data.
Using Zero Knowledge Proofs
So for example, if us, you know, mainnet application or some other developer has to, you know, integrate the identity management system and for example, needs to know if the user has more than, you know, if he has more than 18 years old, we know we are able through those zero knowledge proofs to do this without actually revealing the information, you know, like the age for example, to the, you know, to the end service.
Service Verification without Disclosure
So basically that helped I us to build a service that can, you know, can verify the credentials or can verify the identity without having to reveal the actual data to the users. Now we give them, you know, the, because, you know, there are like different use cases here.
Flexible Authentication Options
So we wanted to give people more like more options when it comes about, you know, how they want to log in and what will be like the best authentication method within the app. And we need like the ion id. And we chose to do a passwordless environment.
Balancing Security and Usability
So we had thought of, and to be honest, it was a little bit of discussion here because you want to build something safe, you want to build something that is private, but in the same time you don't want to create like a very hard user interaction for the end user, you know, because most of the people, especially those coming from web two, are not used with like a lot of keys, you know, like private keys, public key, you know, having the codes on the paper and so on.
User Familiarity with Authentication
They basically usually just, you know, used with the basic email password authentication system. But then, you know, we look more into this new passkey approach that was implemented by nobody, most of the device producers within the last years. So we choose to, you know, we chose to do that and we're gonna use passkeys for the authentication system, which basically is a very, you know, private environment where the user is able to log in by using the device itself.
Cross-Platform Accessibility
You know, so it can be like an iPhone, it can be like android device, it can be like your Windows computer, your Linux computer and so on. And that was great, you know, from this perspective because we wanted them also to be able to do the, you know, to be able to do it cross platform because, you know, some people have multiple devices, people have like they want to log in on the desktop too.
Enhanced Security Measures
So we chose to do that. And on top of that, you know, we gave them the possibility to add like two factor authentication just in case, you know, at some point you might be able to lose the device. So then they would have to recover, you know, the identity and. Yeah, from this perspective, fortunately, we had the chance to develop something that's, you know, very secure, encrypted, and which focuses on the privacy, but in the same time focusing on the, on a very easy experience for the end user.
Understanding Recovery Mechanism
Yeah, okay. I think that's very obvious answer. Thank you very much for very helpful answer. And then my other question was in fact one of the most important features that again caught my attention. So it says the recovery mechanism, like recovery mechanism. So could you please explain how to recovery works?
Implementing Recovery Solutions
Yeah, so, yeah, basically is related to what I said earlier. You know, the advantage of the passkey of course, is that, you know, it allows user to very easily login within the application. But then the negative part is that if you lose the device, you actually lose, you might be able to lose the access to the entire account.
User-Friendly Recovery Options
So then we have decided to introduce the recovery mechanism where we basically allow the users by using those two factor authentication backup methods to be able to recover the identity. So basically we give them three options. We give them the option to add an email address, we give them the option to add the mobile number, and we give them the option to add an authenticator app like Google Authenticator, LastPass or whatever else they want to use.
Customizing Recovery Methods
And at the same time we also give them the option to choose like a minimum of required methods to be able to, you know, recover the account. So if they want, for example, to have like at least two methods, then whenever they would want to recover their identity, they would have to use at least to like, they can, it can be like, I don't know, email and phone or whatever they want.
Identity Recovery Mechanism
So, you know, it was a mechanism for the build, for the end user to assure him or her that whenever something bad happens, you know, your phone gets stolen, you lose it or whatever, you will still have the ability to recover your identity and, you know, logging back into the accounts and make sure that you can just continue using them as before.
Research Impressions
Okay, thank you very much. So, to be honest, the more I research you, the more I find. So there are so many technological components that I must say that I'm very impressed. So I'm a bit far from technology. So when I make research, research, and then I can see and I can get more impressed. So what is the technology headed like? I wonder what more you can do in the future than what you did now.
Vision for Use Cases
Well, I think use case is a, are pretty variat from, you know, from this perspective because to be honest, as I said in the beginning, we had a vision when we started, so beginning of 2022, we still share the vision now, but we came up with a lot of more use cases and a lot of more, you know, applicabilities within the last month. So, but I would say, you know, long story short, as a core mission for us would be onboarding the, you know, the billions of users from the web two to web three.
Decentralized Applications
And that can be done for sure in many ways, you know, so there was this idea, and maybe there are still is around the market of building a decentralized big app. Yeah. So like decentralized meta or decentralized Twitter or decentralized you know, Instagram or YouTube, for example, where to gather like the entire worldwide audience, you know, like having the 1 billion users, you know, within the decentralized platform. But we know it's, we don't want to say impossible, but, you know, it's something that it's very hard to achieve as of today.
Community-Driven Applications
So what we wanted instead is that it was okay. We don't want to do that, but we want to give people, you know, the ability to build their own decentralized applications for their own community. Yeah. So some, for example, some fitness instructor can come, you know, and they will say, okay, I would want to build my application, my own application now where I can share like tips and videos on how to train for different types of people and so on. But I want to do it in a decentralized environment.
Framework for Development
I want people to be able to interact there between them if they want to share. We say, okay, the framework and the ecosystem gives him the opportunity to do this and that community of that instructor can be like 500 or 1000 people, it doesn't matter. It can be a small one from this perspective. But if we think about 10,000 instructors, fitness instructors around the world doing the same thing, then it's a great market. So in the end, you still end up reaching a very big number of people.
Expanding the Ecosystem
But you don't do it as one app, you know, you don't do it like, everyone please come to the Ice fitness app, for example. You just do it by bringing the communities around center, you know, center person or, you know, center item, for example. So from this perspective, we know we are focusing on building this environment wherever I, you know, trying to build and promote these community driven apps. Yeah, and dapps in this case, you know, being decentralized applications.
Building a WordPress-like Model
So think if you would have to think the way, the same way that WordPress did, you know, when they launched like 2003, when they give like everyone, you know, at that time the possibility to build their own websites, to build their own blogs, you know, where they would gather their community, where they will share their thoughts and so on, and then, you know, like slowly and steady upgrading to more services like supporting e commerce and, you know, supporting news websites and so on.
Future Use Cases and Scalability
The same thing is that is what we are actually building right now. So, but just making it for sure in a decentralized environment and not just focusing, you know, like on solely like websites or blogs, for example, we want, you know, people to have the ability to build like chat applications, to build applications with the wallet integration if they want to be like a social network or they like, you know, either like can be like on a company level or just a community level and so on.
Building a Sustainable Ecosystem
So, you know, from this perspective, use cases will come for sure. More and more, a lot of integrations that will appear within the next years. But at the base, what is important is that we are building and upgrading the blockchain itself in a way that it supports and it's scalable to these billions of users that we are targeting in a way that no matter how much the ecosystem is growing, for us to be still able to sustain everything and in the same time to keep the very high transaction per second possible amount and keep the low cost, transaction cost and this way for us to be able to grow this ecosystem as much as we can.
Market Volatility and Progress
Okay, yeah, I agree with you. I think the ecosystem is going very huge nowadays and no one can even just predict in it. So I think that's enough for project. Now. I want to talk to you about cryptocurrency and your token. So I would like to ask you that the market is very big, of course, and you are not too old project like can you talk about eight, seven months you've been established yet.
Token Stability and Future Expectations
So in general, the ice token was when it was in the first rounded, it was like not point, no, $7. I checked it all the history and. But it's been instability in the continue. So it's been the same line, which is very nice. It means like your being stability is very nice. But expect well, many experts what was just waiting too much for you. And they say that in the future it will be like near future it's gonna be like $5. So how realistic is this? So what your expectation and thoughts about your crypto values and the future.
Market Response and Future Growth
Sure. So yeah, you know, from this perspective. Yeah, as you said we had, you know, the token for, indeed like from January until now, like eight, nine months actually. Eight, nine months. And were very happy, you know, with the, you know, with the timeline, with the progress with what happened. And especially to be honest for everyone I think knows around this space is that the market was pretty much volatile within the last month.
Price Fluctuations and Market Cap
So, you know, there was not like a very clear sign in the beginning of what's actually happening next. But we believe now that we have like a very, you know, some very bullish signs for, especially for like the last quarter of the year and for the beginning of the next year also. We actually had like most of the year, I would say it was around like zero. Zero. But then during the last week we had like a very big increase in the volume and also in the price of the token.
Current Market Value
Actually India stands now around 0.0078, which for us, you know, translates like fully diluted market cap of $160 million. And yeah, I. Expectations, you know, everyone has expectations. Everyone has like desires, you know, where they want for the, you know, for the token price to get. When you say $5, you know, by simple math that means around 100 billion fully diluted market cap.
Comparing Blockchain Values
Which sounds big, you know, like, sounds very big from this perspective that would put you like number four on, you know, the coinmarketcap list. But yeah, but if you look like for others, you know, like Solana for example, has $73 billion right now and it was way more a few months ago. So around like 100 and something when you put it, you know, in comparison with that, it doesn't sound that much of anymore, you know, because, you know, every blockchain started from somewhere.
Growth Expectation
Every, you know, every layer, one or layer two. They, you know, they started like, you know, from the base, but then, you know, coming up with usability, coming up with use cases, coming up, you know, like a lot of community around it. It started to grow both in the value itself of the token, but also like, you know, the usage because it's important not to be on the, you know, both sides. But yeah, you know, we think, you know, as I said, we see a lot of great signs from the beginning.
Market Stability
From, you know, from this perspective, we know in the same time, I mean, we'll be honest, we know that everyone is also in, you know, volatile to the market. So, you know, something happens around like worldwide, you know, globally, there are like very, you can easily like shortly see, you know, ups and downs from this perspective, you know, so. But yeah, from this perspective, we are, you know, very happy with the stability and especially very happy with the, you know, last few days grow, you know, especially like from volume perspective.
Future Optimism
And yeah, for sure the market cap also. But yeah, for sure good things will come. We know that's what we are, you know, that's what we are building and fighting for. We know our vision. We know that it's something that people want. We know that we are building something for the good and for the better. And the market will reward you anyway for that.
Building for the Future
As long as you are focusing on building the product, building the community, doing great things, the market will reward you indirectly or directly, you know. Okay. Yes, you're right. Who knows what will future bring? Yeah. So let's think that I'm your. Well, well, let's say that I'm an investor, right? Why should I choose you?
Attracting Investors
So what attractions or do you have for potential investors and what activities and the updates and innovations for me or for them? So can you, can we announce it from here? Why? To go with you? Sure.
Investment Insights and Value Proposition
Well, I would say, and related to what I said earlier, you know, fully, I mean, to the market cap, to the current market cap, which is right now $50 million us dollars, I would say first thing. And we know that we are still, you know, early stage. So for those of, you know, outside interested and, you know, looking to invest in a, you know, next generation environment, now is time for sure because, you know, it's when it, the return for sure is better, you know, when investing in early stage company compared to no companies that's like well developed and like being on the market for many years. But, you know, having, we having discussions a lot and around this, you know, around this topic and we like to say, you know, that investing in ice open network means investing like next generation blockchain ecosystem, you know, which has like a lot of real world utility. And now having this vision of, you know, driving the mass adoption, you know, of web three of like the blockchain technologies is something that for sure we have a lot of, you know, great results in the future.
Technological Infrastructure and Scalability
And that starts for sure with the technology infrastructure because that's actually like the, you know, the base of all the functionalities that we are building around. So we know that, you know, compared to like other blockchains around, we have like a very scalable, you know, layer one blockchain with which is multi threaded. Yeah, it's multi sharded. And that allows, you know, for a very low transaction fee and like, for, you know, very high transaction per second possibility. And that's, you know, some critical item, you know, to be able to support this large scale development that we want to do in those multitude of decentralized applications that people would be able to build using the drag and drop. And other than this, I would say, and as later, you know, to our latest developments, for those of you who might not know, a few months ago, we have launched the ion startup program, which basically allows companies to take advantage of our tap to earn technology and integrate it and, you know, to have like a base for, you know, building the integration with our blockchain and to have like a usability around, you know, the, like the real world usability based on that.
Project Launches and Ecosystem Growth
And we already had four projects that we have launched in the last three months. Four months, if I'm not wrong, starting with the Sanweave, which was the, which actually is the biggest, one of the biggest electronic musical festivals in the world. And they were actually the first ones that we have launched on the ecosystem and it was a great success. The taptorn application has almost 6 million users as of today and still growing day by day. And there are other projects that we are going to launch soon and a few surprises from this perspective when it comes about collaborations with other layer one blockchains from this perspective. So, you know, as of today, there are like, across those four projects, we have 12 million users, you know, being registered, you know, and doing tap to earn activities daily there.
Emerging Trends and Community Engagement
And we know it's a great trend. I mean, when we started last year, it wasn't like that much of a trend from this perspective. But then a few months ago, it started to become a trend also on those telegram or mini apps. And we knew that it's a great momentum for us to continue what we actually started last year and develop this startup program ecosystem, them more. So, you know, I would say it's a combination with, related to the investors questions. It's a combination of the technology that we are building, you know, the infrastructure, but then also the community that we have around the, you know, the products. So we had 9 million users. When you add the Ice app, the tap to earn app, and now having 12 million users for this late for this last four tap to earn projects which basically bring us to a little bit more than 20 million users, part of the community, which is a big number and most probably is going to be like the biggest layer one blockchain launch from this perspective in terms of users being present like from day one.
Current Focus and Future Goals
And yeah, we think, and we actually know that's something very appealing for investors from this perspective. Okay, thank you very much. So those are my questions so far, several questions I choose that I picked for you. But now we have a Twitter questions and which is randomly found from three of our followers. But one question I think you did answer before, like relatedly, but you can add something if you want and then they can get what they want from your answer. So what is the most recent important update and what are you currently working on? So like the first question is that I think you answered that, but if you want to add something. Yeah, sure. So a lot of, yeah, as I said, a lot of great updates recently. As I said Friday, we had 22 exchange listings and tabbit was for sure one of the great listings that we had.
Startup Program Enhancements
And right now, you know, team is focusing and working on the mainnet. So that's like what we are currently working on from this perspective. But then another thing that we're actually working on as of now is that we are looking to streamline this, the process within the startup program. So because we want to give, you know, the companies and or the ideas, the owners the possibility to have like a faster time from, you know, when they submit the application to when, you know, we do the review, we do the calls and everything to the actual app being ready. So we are looking, you know, to have like a faster onboarding from this perspective for the startup program, especially now, you know, with those collaborations that we're gonna have with other player one blockchains. From, from this perspective and yeah, a lot of things going around, you know, and yeah, a lot of things good at the horizon, I would say, from this perspective.
Team Composition and Experience
Robert, you know what, just forgot about one question. Now I'm gonna tell you my world perspective. Well, I do like history. So there's one historician called Heraclitus and he said, only thing in the world is changed. So world is changing, definitely. So one of question, I think you answered that also. How many people in your, like in your team? So how many team members and have they enough experience in blockchain field or do they have any experience with working in crypto or non crypto projects? Yeah, so as of today, as I said, 35 people working from all around the world. So for everyone to know we are a fully remote company. Yeah, yeah, I did, I did notice 35.
Team Expertise and Learning
I got the answer. Yeah. I think the people are wondering, are they experienced? Yeah. So it's a combination. We had, you know, people working before in the tech industry, but like in different environments, you know, like coming from finance, coming from banking industry, you know, when it comes about, like for example, for the back end, some of the backend developers, we have, however, some great team members that have been working on blockchain project before and especially on, you know, development site. So we have someone in the team actually who has been, you know, head of development at big player one blockchain a few years ago. And, you know, other than this, as I said, I also had experience with the blockchain industry from like, you know, the marketing events organizing perspective before. And also, you know, on the other pr marketing side, you have people who had worked before with that.
Future Vision and Adaptability
But yeah, you know, from this perspective, we do believe that we, I mean, enough experience is never like enough when you think about it because you are always learning a lot and, you know, a lot of things comes up, a lot of new ideas, new features. But were able, like during the last years, every time to find a technical solution for whatever idea we had, you know, so which for us means that from this perspective, the team is prepared for, you know, and has enough experience within the blockchain field. Okay, so last question. Of course, all the projects have mission and vision. So a part of the writing in your white paper for about it, can you tell us from your first hand, I mean, from you. So where do you see yourself on your project and also cryptocurrency in five years?
A Vision for the Future
Yeah, well, you know, as I said, we have our vision, we know what we are building, but we are always, you know, not, I wouldn't say necessarily flexible, but we are willing to, you know, get any new idea, any trends that we might identify and then, you know, be able to go with the flow with that also. So we know for sure that we, what we are building right now is gonna be well more developed within, you know, in the next five years. But if we have to, like, you know, especially from my side to look at it, I see a world like in five years, you know, I see a world wherever I, a lot of people around the world are using web three decentralized applications. Yeah. So, you know, I see people, you know, migrate, I mean, and a lot of people who already migrated from web two to web three, but I see them doing that through those community driven applications who are actually built on top of the ion blockchain, you know, using the, using our dragon draw builder.
Concluding Thoughts and Engagement
Yeah. So just imagine, I will see the fitness instructor next to my house having his own decentralized application where he shares video courses on how to train, but doing it in decentralized, in a safe environment, censorship resistant environment by using, you know, the ISopA network ecosystem and by using the drag and drop builder also. So that's how I would say, like, you know, the ideal world in five years from now. Yes, yes, yes, yes. So it was that for our today. Thanks for your sharing valuable intro and insight on your project. So can I get your last sentences please? Well, I would want to thank everyone for being with us for the last almost 1 hour. And we always say, and for those of you who might not know, we are very active on social media in terms of, you know, latest updates and upcoming developments.
Future Engagement and Closing Remarks
So for those of you who are not following us yet, please make sure that you follow us for the updates. And, you know, for sure also, you know, be active there as much as you can. And yeah, we like to say that we always have surprises, we just give hints around them but never, you know, speed them out until they publish them. So I can see a lot of great things happening this week also. So stay tuned. And yeah, thank you very much for everyone for having me for this session. So thank you very much also, it was very good EMF for me. So ladies and gentlemen, it was another EMA with another project I open. You can check them out in our top bit also they already listed there and as you said that they're very promising and you can check all the projects and then decide what you want, but they are still waiting for you in there.
Farewell and Well Wishes
Thank you very much for listening to us today and hope to just having another project with you in the summer days. So don't forget to follow us in our social media. Also, have a good week and have a good day, please. Bye bye. Bye bye.
