Space Summary
The Twitter Space The Mission: A Circular Internet hosted by circularweb3. The Twitter space focused on the future impact of multi-chain Layer 1 blockchain technology on decentralized systems and critical industries like DeSci, promoting sustainability, transparency, and innovation. Discussions highlighted the importance of interoperability, circular economy principles, and regulatory standards in shaping the blockchain landscape. Key takeaways included the potential of blockchain to enhance supply chain management, cybersecurity, and community engagement, while emphasizing collaborative efforts for sustainable growth. The session underscored the role of blockchain in incentivizing eco-friendly practices and driving industry integration through scalable solutions.
For more spaces, visit the Unique Projects page.
Space Statistics
For more stats visit the full Live report
Questions
Q: How do multi-chain Layer 1 blockchains impact DeSci and critical industries?
A: They provide efficient and secure infrastructure for powering decentralized solutions across various sectors.
Q: What role does sustainability play in the adoption of blockchain technology?
A: Sustainability is crucial for aligning blockchain advancements with environmental goals and long-term viability.
Q: Why is interoperability important for blockchain solutions?
A: Interoperability ensures seamless communication and data transfer between different blockchain networks and protocols.
Q: What advantages does the circular economy model offer to industries?
A: It promotes resource efficiency, waste reduction, and sustainable practices within production and consumption cycles.
Q: How can blockchain technology enhance transparency in supply chain management?
A: Blockchain enables immutable, transparent records that trace products from origin to consumers, reducing fraud and enhancing trust.
Q: Why are decentralized systems beneficial for data security?
A: Decentralization distributes data across nodes, making it harder for unauthorized access and manipulation, enhancing security measures.
Q: How can blockchain incentivize eco-friendly practices?
A: Blockchain can reward sustainable behaviors like carbon offsetting and energy-efficient operations through tokenized incentives.
Q: What is the importance of community engagement in blockchain adoption?
A: Educating and involving communities helps in building understanding, trust, and utilization of blockchain technologies.
Q: How do regulatory standards influence blockchain development?
A: Regulations ensure compliance, consumer protection, and industry adherence to standards, promoting responsible blockchain innovation.
Q: Why is collaboration crucial between industries and blockchain developers?
A: Collaboration fosters innovation, insights, and practical applications tailored to industry needs, driving sustainable growth and development.
Highlights
Time: 00:12:45
Sustainability in Blockchain Solutions Exploring how blockchain is driving sustainable practices in DeSci and critical industries.
Time: 00:25:18
Interoperability for Industry Integration Discussing the importance of seamless data exchange between diverse blockchain networks.
Time: 00:36:02
Circular Economy Impact on Technology Examining how circular economy principles reshape technological advancements for sustainability.
Time: 00:48:10
Supply Chain Transparency through Blockchain Highlighting the role of blockchain in enhancing traceability and trust in supply chain management.
Time: 01:02:30
Community Education and Blockchain Adoption Emphasizing the significance of community involvement and awareness for widespread blockchain acceptance.
Time: 01:15:55
Regulatory Landscape and Blockchain Standards Analyzing the impact of regulations on blockchain development and industry compliance.
Time: 01:28:40
Industry Collaboration for Sustainable Innovation Showcasing the benefits of partnerships between sectors and blockchain experts in driving innovation.
Time: 01:40:25
Decentralization for Enhanced Security Explaining how decentralized systems strengthen data security and reduce vulnerabilities.
Time: 01:55:10
Incentivizing Sustainable Practices with Blockchain Demonstrating how blockchain incentivizes ecological responsibility and eco-friendly behaviors.
Time: 02:10:15
Scalability Solutions for Blockchain's Future Looking into the scalability challenges and solutions for widespread blockchain adoption.
Key Takeaways
- Multi-chain Layer 1 blockchains play a significant role in DeSci and critical industry advancement.
- Sustainability and innovation are key drivers for the adoption of blockchain technology in various sectors.
- Interoperability and scalability are essential for blockchain solutions to cater to diverse industry needs.
- The circular economy model is gaining traction, promoting sustainability and resource efficiency.
- Blockchain technology has the potential to transform supply chain management and enhance transparency.
- Decentralized systems can improve data security and reduce single-points-of-failure risks.
- Incentivizing eco-friendly practices through blockchain can contribute to environmental conservation.
- Community engagement and education are crucial for promoting the benefits of blockchain solutions.
- Regulatory compliance and standards play a vital role in shaping the future of blockchain technologies.
- Collaboration between industries and blockchain developers is essential for innovation and sustainable growth.
Behind the Mic
Initial Greetings
Hello, David. Good morning. How you doing? How are you doing, brother? I'm doing all right. So, where are you today? Where are you sitting in the world?
Location and Concentration
I'm in my home country, Pakistan, right now. So how's that? How's that action? Are you getting to concentrate or are you being distracted by world issues? Actually very concentrated because here I don't have to do a lot of work when I'm in Dubai and in some other country I do. I have to do my laundries and everything. You know, I cook food and everything. Reality. And I'm not a. Yeah, reality.
Life in Pakistan and Upcoming Events
like not a big fan of, cooking and everything. Right. So yeah, life is good, and October is very good, you know, and this bad. A lot of stuff happening. Team circular landed in Dubai yesterday. Hopefully I'm going to join them soon. The CPO, Sean, is landing in a week. Another co founder, Jewel, is landing in a week. John Luca is already there. So it's going to be very exciting. We attended an event from OKX yesterday and it was a blasting event. Happen in future museum like very magical place, David. Right?
Event Discussion
Yeah. This looks like the metaverse to me. I couldn't help but say that. Cool. So some beautiful people are here, community members and also the builders. You know, I want to ask you a quick question. It's fantastic. It's a very different kind of AmA for us. How a very specific question to you. Do I want to clarify this as we get into the conversation with them.
Audience Engagement
How are these people on this call? And I know almost all of them personally. Are they actually using circular based tools or are they beta alpha testing something in particular? How detailed can we push them on their reaction to actual functionality with circular? They are building on circular. Danny is building SDKs, different SDKs for different languages. Right. Zanub, Danny Soumya. They are working on a mobile wallet side, so they are very much involved.
Project Overview and Personal Reflections
So you can ask them all the technical questions about what they are doing. Honestly, I am not the right person to answer this question because I'm the marketing guy. They are. That's why I'm really excited about this conversation. This is the first time you and I get to actually talk about more enterprise oriented functionality and obviously with circs as well. But it's both, right? I mean, and even one med being on a conversation with us recently and so we are getting real world results is my point.
Introduction of Team Members
Yeah. And we can start in two minutes. These guys are already here. I'm going to invite them as a speaker and hopefully. Yes Kochab is here. Zamin, Kochub, Danny's here. Let's wait for Soumya. And oh Carl is also here. I'm going to invite these guys as speaker. Just 1 second.
Networking and Personal Connections
Hey hey. How's it going? Great. Is this Carl? This is Carl. Good to hear. It's David. How are you doing man? Too wonderful on this lovely Friday. Wow. You sound so much more handsome on online than face to face. Yeah I get that a lot. Not, not everyone can be as beautiful as you dave. Well that's why the microphone is so well positioned live. Right. We're not doing YouTube live right now either.
Starting the Session
Therefore you don't know what I'm wearing. Fair. That's fair. So let's continue. David. Thank you so much Carl. Thank you. Yeah absolutely. Is everyone on speak up? Yeah I'm inviting others to speak but let's just start with Carl. Yeah great. Right. Well this is very interesting. Ask me anything and we call them Ama's.
Transitioning Topics
Right. This is a very different type of one. We've been very technical talking about circuit circs and crypto and the building of that. And this is the first time that we're really moving into the developers and real applications. It's really exciting. I can't be more excited to be on this call with all you guys and gals. So it's less technical because we have creators and developers.
Sharing Experiences and Vision
So more about applications of decentralization and other features of blockchain. They are here, these people are here for us today. We have Carl and Danny and Soumya and Zineb. And we are here to talk about actual experiences and their vision for building with circular but obviously web three and blockchain in general.
Participant Introductions
So without further ado, I want to ask each of you to have a quick 30 seconds or so introduction to you. You can talk about what you're doing and what you're doing with us. But let's start with you Carl because I know you're on the call so take it away. Yeah sure I am Carl, aka Colorful Carl, founder of Epic Made and Cleantha Studios.
Business Overview
Epic made is a marketing agency. We function in the gaming, entertainment and tech space doing a lot of video, animation, illustration, stuff like that. And the. On the client, the studio side is where my web three. We do a little web three on both but like it's my personal studio that I resurrected.
Artistic Journey
That was my father's moniker when he did art. When he was alive, he passed away in about 2016 and in the NFT boom in 2021, I basically revitalized his studio and started taking all of his artwork. I have a huge body of his artwork, 700 pieces and making digital nfts of them and immortalizing who he was and his artwork in the blockchain, doing what I still think is the first of its kind NFT art memoir.
Personal Significance of Artwork
So every piece, you know, I talk about it from an art. I have a BFA in art. So I talk about it from an actual technical perspective and then kind of what it reminds me of and, you know, feelings and emotions about my dad and I made this whole thing that just feels really amazing.
Creative Process and Future Plans
And then I actually started from there after creating that in order to promote it some, I started doing my own custom artwork, posthumous collaborations with him. So I'll take old sketches and pieces of his artwork and layered into new stuff. And I do that weekly on my live stream Wednesday nights at 08:00 p.m.
Further Discussion
eastern. Record that whole thing, mint those into NFTs as well. So that's sort of a super high level. I do a whole lot of other stuff, but like, those are things that are relevant today's conversation. Yeah, Carl, I think when we met over a year ago at Boston blockchain week, you brought a tear to my eye because not only am I a son, but I'm also a father.
Emotional Reflection
And I think that just having that deep and wide relationship with your content is really exciting and very inspiring for everyone on this call. So thanks for that. Let's dig more into that in a bit. Hey Danny, are you with us? Yeah, definitely can hear you.
Danny's Introduction
Give us an introduction to you and what you're doing with your father. Yeah, sure. So hello listeners, thank you David for the space. So my name is Danny Denovi, I am Gianruka Sniffio and I'm a computer scientist. I graduated from the University of Messina here in Italy and at the moment I work as a developer at Circular and yeah, I'm so excited about it.
Danny's Contribution
We've done lots of stuff that we are going to talk later in the call. Yeah, great, excellent. Thank you. Welcome. Soumya, can you hear us? I can hear you. Yeah. Great. Give us a quick update on you.
Soumya's Background
Sure. Hi guys, my name is Soumya and I'm working as a product manager here at circular with a lot of beautiful people at the team, intelligent ones as well. I have overall seven years of experience in research and development and tech. And before coming to circular I was, I am from India and I was designing cars and I was myself a race car driver.
Career Transition
So the pivot has been quite a big one for me, from driving cars to web three. But it's been exciting and yeah, that's about me. So you're going to be handling all these speed conversations about. Yeah, I get that a lot. Yeah.
Zaneb's Introduction
Sorry about that. I had to get out of the way. Last, but definitely nothing, Lis Zaneb, who you have many of you have seen on some of our tutorials. She's with us today. How you doing, Zaneb? Hey, David. Hi, everyone. I'm good.
Zaneb's Contribution
How are you? Great, great. So give us a little overview of your journey to circular and what you're working on now. Yes, so I'm Zineb, I'm from Morocco. I headed to Boston for my master's degree and now I'm working for Sidgrid in watlet operations.
Zaneb's Experience
And it's been such a great experience so far and I'm super excited to share more with all of you today. Perfect. Perfect. Let's get right into it. Thank you very much, everyone, for being on this call.
Call to Action
Again, a very different AMA for the audience. So get your questions together based upon this topic, these topics here, we're calling it building a decentralized future. But it is a lot more than that. That's the core of it.
Carl's Discussion on NFTs
So let's start with you, Carl. Can you tell us a little bit about what you're doing in relation to the NFT universe and how circular has kind of made you rethink your capabilities and your agenda? Yeah, I am really excited about the idea of creating permanence and a legacy of creativity for my family.
Creating a Legacy
Right. That's the thing that really drove me here, was like, you know, on my father's deathbed, I promised him that I would do something cool with his art because he was very upset that he never like, got his due. And I didn't know what that was. That was 2016.
Journey into NFTs
I hadn't really, I didn't know anything about NFTs then, and I loosely was aware of like bitcoin and ethereum, you know, but fast forward to now. Like, I have immortalized some of his work, not all of it yet, and I plan to do more of that on the circular protocol, which I think is going to be cool.
Exploring the Blockchain
But right now, I did someone Ethereum just to start and kind of get my foot in the door in terms of experiencing the whole ecosystem. But yeah, I'm just excited to create something that I can give to my kid. And my kid can potentially benefit from my father's artwork and his creative legacy.
Family Heirlooms
And on down creating a family heirloom that's digital. Like, that's wild. That's kind of the highest part of it for me in terms of, like, maybe I never succeed at making my father a famous artist or making be a thing, being a famous artist myself.
Digital Permanence
But when I put these things on to the blockchain, they become permanent assets. And maybe, you know, when I die or, you know, whenever, who knows? Like, it could happen still, like, it creates potential forever, right? That's pretty amazing.
Legacy and Tools
Yeah. I think everyone wants to have a legacy, not only for themselves and their family, but for their company, for their vision, taking it, just simply taking advantage of what everyone is talking about. You need tools, right? You need something to actually update to and load up your content.
Zaneb's Wallet Project
I mean, you need the physical APIs to make it connect to your website and have it be functional. So with that, Zaneb, do you want to give an overview on the project that you're working on with the wallet? Because that might be a really good example, I think.
Team Dynamics
Are you working with both Soumya and Danny, all three of you working on this? Tell me a little bit about that team. Yes. So the three of us are working on this wallet project. I'm personally involved in the UI UX design for the mobile wallet, and we have a main focus, which is making the app as accessible and as user friendly as possible.
User-Centered Design
Because it's not about complexity anymore. It's about creating something that feels intuitive but also innovative and of course, secure in order to have a smooth and very enjoyable experience. And as John Luca used to say, even like a grandma should be able to use this app.
Further Details on the App
And Dania and Sumia could give you more details about it. Yeah, please. Sumya, what's your take on that actual interface that you're creating? What's important to you on it?
Interface Importance
Sure. Thanks for the question. Taking away from what Zainab said and John Lucas statement that a grandma should be able to use this app, that's been our focus, actually. There are a lot of, you know, cryptocurrency apps out there on the app store, and we just didn't want to be another app on the app Store.
Unique Approach
We wanted to create something which is very intuitive, easy, and we can convert a lot of, let's say, new adopters and experience and give them an experience to the web three world. So right now it's still under production, and we are doing the UI UX design currently as we speak.
MVP Focus
And the main focus was creating an mvp out of the 10,000 lines and lists of features that we could have. That just simply explains the power of circular and the technology that goes behind it. That's been the vision all throughout.
Future Testing
And hopefully in the coming months you'll be able to have a test drive on the app. And let me know how's the speed on the app? Yeah, back to that speed.
Danny's Experience
You couldn't help but say that, right? Yeah, 100%. Danny, what's your take on that experience? I mean, how are you looking at the functions that circular is allowing you to, quote unquote test and play with?
Working with APIs
Yeah, I worked a lot in the APIs, as you can see in the developer group, the ones that are building apps in circa, we have done lots of releases. We release SDK for PHP, for Python and for node JS, and tons of other languages, and I'm preparing one for Dart.
Features and Interface
It's an amazing language for building apps such as the mobile wallet we're working on. And the advantage is the fact that you can build the app with the same code for iOS android. So we are our goal is to build the same app for both and to have the same experience.
User Experience Focus
That must be simple and intuitive, as Sinep said. Yeah, that's fantastic. I want to, I want to ask all of you for kind of a more personal reaction to what you're seeing right now.
Reflections on Current Work
Less about the functions, but more about the implications for your, frankly, for your career. Danny, you sound so much like Jadluka in the fact that you have this innate knowledge of computer science and capabilities and now you can actually move quicker through your vision.
Danny's Career Application
Can you tell us a little bit about how you are applying, what you've been doing all your life, so to speak, and now you get to actually fulfill on that. So, to be honest, this can be something that developers can appreciate.
Building on Circular
Building on circular, for me, from the start and from the ground up, actually was pretty easy. I've started doing things in circular for a project that I had to do for my master degree, and that was the first time I put my hands on the circular smart contracts.
Smart Contracts Implementation
The language that it's used for smart contracts in circular is pretty much JavaScript. So it was so easy to do. Angelouka helped me for sure. But now that we have those SDK, the documentation that we're working on, it's so easy to do that.
Accessibility to Smart Contracts
So actually, yeah, probably you don't need to be a computer scientist to build a smart contracts, and that's a good thing. And that's a good thing.
Discussion on UI/UX
Very, very true. You talk about this UI Ux, we don't have to be a technologist. So Zaneb, you came to Cambridge, where we met here in Boston, getting your masters, and we have talked about this.
Networking and Learning
How has that initiative that you had for your career and your life, how has that being augmented with circulars capabilities? Well, at first it was about networking events. I was trying to get to more networking events to learn about something different that I was actually studying.
Discovering Blockchain
And the first time I heard about blockchain, I was like, wow, that's super interesting. Webtree, I didn't even know it existed. And I was so impressed by it, by how we humans interact with technology and how we interact with the ownership online and everything.
Changing Perspective
And I was like, wow, that's kind of a revolution. So I really want to do that and that's what I'm doing. And I didn't have like that very technical background, so I can tell I'm kind of learning everything from zero, like someone who never studied that.
Rapid Learning in the Field
And it's very interesting because I'm doing it super fast and I'm learning and I can today talk about different things that maybe seven or eight months ago I was not able to talk about. It's one of the things that everyone has to kind of deal with the speed of development across quote unquote web three.
Developments in Technology
Obviously, AI, every day there's someone developing something that you should try to test. Circular is building these tools. These call them testing and deployment tools.
Soumya's Tools Overview
Soumya are you using? Describe a little bit about these tools. Name them. What are you actually using? What are you putting your hands online and how is it fulfilling what you've been trying to do in the past and want to do in the future?
Hands-on Experience
All right, sure. So here's the thing.
Background and Transition to Web Three
Like when I joined circular and started working as a product manager, I come from an engineering background where I has, I have a major in mechanical engineering. And the switch was because I asked the question how behind all the problems that I see happening. And web three was certainly a space that I did not understand quite well before. I'll say before 2022. Yeah, I think 2022. 2023 was the time when I started exploring about web three. And I mean, if you go 20 years back when there was the www boom, the website started popping up all across the Internet. And companies like Amazon and Google took off from there because they were there in that ocean. And I think web three is at that space right now and companies like ours circular. And other companies, their boats are out there in the ocean, and once the wave takes off, everybody moves with that speed. So it's important for us right now to cement our position in the technology part.
Exploring Blockchain Technology
And my half part of work is developing the mobile app, and the other part is researching about technology that might be interesting or the applications of blockchain, let's say, because it's just not cryptocurrency. You know, blockchain is infinite. We can use it in different industries, such as supply chain, healthcare. Healthcare is one of our missions as well. So, yeah, so, like, for example, one of the apps that I've been testing quite a lot these days is the browser called as brave. So I'm sure you have heard about it. Sure. Yeah. This is another browser based on the blockchain technology. And this is just amazing. And I have a couple more examples. The one app that I'm using right now is Coinbase, and I spent a lot of time tinkering around in the app because that's one of the apps that I felt is very easy and very clean to use. And I'm getting inspired by that and putting a lot of stuff in our own apps.
Reflections on the NFT Hype and Takeaways
Doing that matches Jean Lucas vision as he talks about the first phases of blockchain over the last several years. Using the best functions and features and leaving behind ones that aren't as effective for decentralization or speed, and rebuilding a new layer, one protocol, because he saw it as a time to take the best and leave the worst. So, with that in mind, I want to go back to you, Carl, and how you see, and I don't want to narrow it down just to NFTs and you. I know we're wider than that, but I think people would like to hear about your take on this, the 2021 hype. And it was all about investment, and it kind of went crazy and off the rails. Can you give us a little point of view on what, back to this point, what good came of that? What did we learn from that experience? And what can we leave behind as circular tools to take us forward?
The Good and Bad of Web Three
Sure. It was a powerful time for the web three space, because I think smart contracts and the idea that blockchain, like the previous speaker was saying, it's not just about a get rich quick and you can make some money. And it got all the, you know, gambling people excited. Like, there's some real other things that can happen here, you know, and. And I think the NFT boom and the PFP boom within that really got people excited about, okay, you can do really cool things here, and there's deeper layers and then royalties and understanding all that, and that was really excited. So it brought the whole conversation to the forefront. I think the other thing that came to the surface was how painfully hard it was to use and how technologically savvy you had to be to do any of it right. Which was really prohibitive for a lot of people and artists as well. So, I mean, the only people that really got to reap the real rewards of that boom were people that were already deep in the space.
Moving Toward Easier Accessibility in the NFT Space
You know, that wave moved, as the previous speaker was saying, I apologize, I didn't catch your name. I was just listening, and it took everyone that was already in that ocean with them, right? So everyone got to make money and got to get excited about the space or lose money or whatever it was, but they were on that ride. So I think, you know, as things like circular protocol come together and you guys are doing things that make it, like we're talking about so much easier to use. I think the next wave of this is going to be really nice where, you know, I can have an NFT up and I can have any layman person just go buy it, and they don't even need to know it's web three. They don't need to know anything of this. It's a digital collectible for them. They don't have to have a wallet set up and get all this crazy stuff and try to transfer currency out of Coinbase. And, like, all of that was a lot of headache.
The Path Toward Greater Decentralization
And I think as we move away from that space, we're going to get a lot more adoption, and it's going to be a lot easier for people to utilize. And we're going to have a lot more decentralization in the technology space, which is the real core of this. Like, how do we decentralize the. The clout and the, like, the upper? You know, there's. There's just a fraction of humanity that owns most of the wealth and technology and in our money and financial services, and this is helping make that more equitable. And I love that. Yeah, that's a great way to think about it. Equitability is such a circular concept. Right. That's why the name is, it's regenerative, it's egalitarian, it's cooperative, it's circular. And that really becomes theme of the company as we're allowing these tools for more people to use so they can take advantage of this web three mindset I guess.
Evolution of Payment Tools
And in relation to that you have companies like Mastercard that are making quote unquote a wallet available. So you can actually use crypto and bitcoin, I guess it is to make transfers. But they're not calling it a wallet, it's just built into your card, right. So all of a sudden people will start using it and they'll be less afraid and the tools will be available. So I'm going to go back to the tools again and ask you, Danny, about what tools and name them. If we have names for them in circular, what tools are you using specifically and what they will become with all of your efforts? Yeah, you mean what we are building or what are the tools that we are using for building things on circular? I think it's a little bit of both. But at first it's like what are you literally calling these tools that you're using? So we have an understanding about what is your, what's on your tool belt, you know, and then what are you doing with them?
Building Smart Contracts on Circular
Yeah, sure. We can start from the smart contracts for example. Yeah, for building smart contracts in circular is pretty easy. Just go to the hypercode editor that Jaluga made. You can find it in the official website, it's pretty easy. Then you just create a project, put the information about the wallet, your private key that you can obtain from registering a wallet on Niro for example, and that's it. I mean you just have to write all the logic about the smart contract and then you have to test it. But how can you test it? The testnet actually follows the same logic as the mainnet. But there's a huge difference about that because in the mainnet if you want to deploy a smart contract you just have to pay. So exchange real money to the token and then pay with the token to deploy the smart contract.
Importance of Testing and Developer Tools
So that's why we are building the faucet. For those that are not so technical, the faucet is just a website where you can ask for an airdrop in the testnet. So what's the main difference? Yeah, it's free. First thing to say, because for developers I think debugging the code, it's something that must be free. But the main difference is that from time to time that network gets erased because there's no mean to have to blockchains. I mean a testnet is a testnet and the mainnet is the mainnet. Are you using SDKs from us to build smart contract? You don't need SDKs, you just need the hypercode id. But for interacting with smart contract, you need to use SDKs. So that's a matter of what you're building.
Utilizing Various Languages and SDKs
I mean, if you're building a website and you want to interact with smart contract with the backend, probably your choice will go to PHP or node js and we build the API for that. For example, PHP is pretty easy. You just have to go to composer. Sorry. It's an utility tool. A package manager for PHP developers. And for node you just go to NPM. We have published the SDK there. So it's just a command line prompt that you have to write a. And that's it. You can interact with them. We've done the documentation of the functions, so it's pretty easy to do. Or for example, you're building, I don't know, a mobile app like we are going to do. And you need to use a language that's supported by mobile operating systems.
Designing Consistent SDKs Across Languages
So for example, dart that compiles to native language. The functions are pretty the same. We are just to, we're trying to get, I mean, to have the same functions for every language with the same name with the same parameters. So if you have to switch from one language to another and you want to still use circular, you can do that because once you know one SDK, you can just go to another language and exchange because the name of the function or of the meters is the same. Yeah, that's actually great. We should actually do a kind of a tutorial on that. And you should work with Zineb because she did the last one where you're walking through those steps on video so people can understand what that visually looks like. I think that sounds like a really practical kind of choice for creating a very specific thing.
Project Management and Collaboration
So, Soumya, you're a project manager guy, right? So you're thinking this as you're kind of orchestrating where you're going. Can you talk a little bit about how the project manager hat, not so much how it parallels designing cars, but can you put your project management hat and talk about your take on what these functions can allow you to do with your teams? Somya, you still there? I think we lost some. Yeah, it's okay. Hey, Zineb. Yes? Let's take. We're kind of winding down to the half hour. We're gonna go to questions pretty soon. I'm gonna ask you the hard question that you know I love to ask you, which is don't. Well, there's no wrong answers.
The Future Direction of the Project
Right. This isn't asking anything. That means all is good, right? We're all figuring this out together. Give me a little bit about where do you think this is going? How do you see what, again, what you went for your master's degree, you were headed for a certain career, and there were certain things that you were planning and doing, and it was stuff that your parents were comfortable with. Now you're thinking about other kinds of cooperation and expansion in the marketplace that really changes what you were planning on going to get your masters in. Can you talk a little bit about your vision for how markets will be evolving and other things get to happen? Kind of a bigger picture on your career and what you can actually do now?
Shaping the Tech Landscape
So first, I'm still learning so many things with circular, and I feel like this space is constantly evolving and there's so much potential to reshape how were interacting with the tech. And think of it like this. Just like the Internet was confusing for a lot of people at first, but became part of our daily lives. So first from a user experience, this is how we're going to be using it. And then career wise, it's a revolution for me, it's like the AI thing, like how it happened. So the web, three blockchain, everything, it's kind of, for me personally, it's kind of another revolution, and it's on a similar path.
Opening the Floor for Questions
Yeah, that's excellent. That's excellent. That's very inspiring. So I want to go and open up the microphone to a couple of people. This has been great, and I appreciate it as people get kind of their questions ready, and now there's dozens of them here. We want to. I'm lining up. I'm opening the microphone for you. We'll ask you if you can, if we can hear you, and then you can ask the question. What I'm going to do is I think I should probably hear the question and then direct it to one of the four people on our end. If you want to just jump in and interrupt me, feel free. I'm going to do it to you anyway.
Engaging with Audience Questions
But this is a conversation. Let's not worry so much about stepping on each other. We don't have to be so polite. We like each other and all that, but I'm wondering if. Zadog, can we hear you? Yeah, I'm audible now. Great. Please ask your question. All right, so I want to know, what are some of the directions and anticipated plans you have for the future. Growth of your project? And do you have any innovations in. Mind that you intend to develop in later on?
Plans for Circular and Collaborations
Hey Danny and Soumya, maybe you could kind of take what the plan is for that. Sure. Danny, do you want to take this question? Yeah, you start first. So zdogg, if that's correct, right now we are doing a mobile wallet app and that's the first application that's going to show you what circular is capable of. And I'll request you to follow circular and see that we've been slowly getting listing all across different blockchain platforms. And very soon we are also tying up with healthcare partners and that's been another focus for us. And probably you will see a couple of projects in that field from circular.
Current Focus and Future Integrations
So for now, keep an eye open for the mobile wallet app and for you, Danny. Yeah, at the moment we are just building the mobile app. We have to manage the first release first where you can just do some basic action that you can do with the common wallet app. And then we want to add some features and at the moment I'm concentrated to SDKs and to help some listings. So basically that's what we are doing. Another team is doing something with healthcare. So it's just building apps and other stuff for healthcare because I think the main focus of circular, I think in the white paper it's healthcare, it's important for circulating and yeah, we are building other apps.
Upcoming Focus on Healthcare Applications
Yeah, you know, we're going to have more AMA's on specific healthcare applications and things like that. Specifically what we're doing. One med and real, real world examples where people are building businesses around our capabilities, which is great. So thanks for that answer. Ramsey, can we hear you? Hello everyone. Hey Ramsey, how are you? Okay. Okay, thank you. Please ask your question. So my question, what is the vision. And mission of your project and long term and how does it help to. Contributed to the great and development of the NFT ecosystem?
Vision and Future of NFTs
Thank you, magician. Well, you said the magic word, NFT. Did you get that question enough, Carl, to kind of talk about where the NFT market is going? Yeah, I'm not sure I got the whole question, but I can speak to, you know, I think the NFT market is headed towards just more utility. That's what people want to see, like deeper customer engagement, deeper fan engagement, deeper, more meaningful interactions where you get rewarded with a tangible digital asset that you own and then in some cases can have sovereignty over and buy and sell and trade with other people and be richly rewarded. For your interaction and your support of whatever organization, person or brand you're interacting with and collecting their nfts.
The Future of Membership Programs
So I'm not sure if that answered your question or not, but that's the way I see this moving. Yeah, I think that is. And again, what about like membership? Imagine to talk a little bit about how the functions of a loyalty program or membership program can work beyond, and it's beyond just being part of the action, which is great, fandom is great, and investment is great. But what about other kinds of access to the art world? Can you talk a little bit about getting into it? I think last time we talked about this, we had a drink in our hands. So I don't know if you want to have a couple shots, but we got pretty frothy about where loyalty can expand beyond for like access and things like that.
Decentralized Ownership and NFTs
Yeah, I mean, so really what happens is if you let it be decentralized, which, you know, you can create different rules and regulations around your nfts, you can make them permanent so they're never tradable. Or you can say like, hey, we're going to release these nfts and then the community is going to decide who has access to them and what they're worth from here. And you can ascribe any type of value you want to that without permission. So, you know, for instance, I'm a part of a collective called the Colorful Carl Collector. Sorry, the crazy Carl Collective. Colorful Carl's my bread. Sorry, crazy Carl collective. And we have a group of nfts that are all based off of one collection, right?
Building Community Through NFTs
And then people have taken those NFts and spun up other things. You know, the board apes have done this, right, where people go, hey, I want to be a part of that community, so I'm going to give access to that community, to everything that I have and basically open doors for them. So there's a lot of like permissionless interoperability there, which I think is really valuable. It allows people to build communities on top of other communities just because they like what they're about and they want to be associated together. And then the flip side of it is like a loyalty program. Like, I can build up this loyalty to the, I got certain seats or certain access to something because of how much time, energy and effort I put into being a fan in this space.
Transferring Value in the NFT Space
And then I can go, hey, I don't have time for this in my life. Or something came up with yada, and now I need money. I can sell all of my investment in this to somebody else at whatever the market rate is, that's really powerful. There's not anything like that. Now that's more true. That's transferable like that. So I think that there's. It gives a lot of people, like, actual tangible value and buy into these communities that they invest their life in. That's awesome. The business opportunities are huge and. Hey, Somya, I'm gonna. I'm gonna throw. Throw a concept.
Dynamic NFTs and Future Ownership
Yeah. Yeah. David, sorry to interrupt. Carl, it's Adil here. I want to mention here something, because that was a great question from Ramsay, like, how we are going forward with NFTs and everything. So something from another blockchain project. It's called, like, dynamic nfts. Right. So I personally think that's a great concept. If you are, if you own a car, if you own a house, you can, like, all the specs of can be updated on your NFT. So it's not static anymore. The trades are not static anymore. Right. So what do you think about the overall concept of dynamic nfts? And even just use the concept of the fluidity of your ownership.
Ownership Control and Distribution
Right. You're transferring it. I mean, just, that's. That's the control of ownership and distribution is really the core of all of this. Ramsey, do you want to talk about fluid dynamics and. And engine development or fluidity of. Of these. This data that you now can have control over? Hey, Carl, please. Oh, yeah, sure. I can. I can answer. Well, I wanted to ask Somya about car building, but that's okay. Go ahead. Go ahead. We might have lost some.
Fluidity of Data in Automotive Engineering
There's a kind of a universe of functionality in a vehicle, and I think there could be some parallels here. So what was the question? Can you please repeat? We're talking about fluidity of data. Right. To be able to use it. And I was just making kind of a joke about how that builds into the fluid dynamics in automotive engineering. But the whole point that I wanted to react to is, again, now that you have this fluid data, whether ownership and distribution, how do you see that being applied to what you want to be doing with circular.
Decentralization and Control of Data
Yeah, I think that's an interesting idea that you threw that because in fluid dynamics or in, like, if you see Formula one or any of the racing series, what we are looking at is more smooth flow or laminar flow, and more like fluid flow of data. The web three, space at core is what is decentralization. That was the demand by a lot of people. And like, for example, I'll just take Twitter, for example, for reference. We are seeing a lot of ads while we are browsing on x. And that's been constant with even all the social media websites, let's say Instagram or Snapchat or whatever. The point is, our data is already out there and we don't have a control on that in web two, at least. But in web three, that’s the power that the decentralization which is core gives us.
The Role of Decentralization in Future Applications
For example, if you see there's an app called as steemit, and that's quite similar to what X does. It's a micro blogging platform and that's all aligned through blockchain. And you don't need a fact check. So, for example, in X, you have a news, for example, XYZ plane made an emergency landing. And below that you'll have community notes which will tell you that, oh, actually, this is not the true news. This is edit XYZ ABC. That's something that Wikipedia used to do as well. And we all know, like, nobody goes to Wikipedia, right, like today, to search for details of anything because it's editable. It's. Anybody can edit whatever they want. And I think that's the core of. To what Web three is. And that's the core to blockchain.
Preparations and Future of Web 2.5 to Web 3
So, yeah, like, I am, I'm. I'm looking towards the curve where people more and more are adopting towards that kind of demand, that kind of lifestyle online. And that's. That's where Web three is booming. That's why we are here. Yeah, we have a security and this provenance, transparency. So you know where that update for Wikipedia has been put into. I think Wikipedia does have a chance to evolve into being more of a web three solution. I hope it does, because I've always been a fan of that. Yeah, but you're also talking about what's in between Web two, where we're at kind of now or yesterday, and where kind of the implications of Web three I like to call where we're at now was Web 2.5, because we are taking advantage of what we are currently doing, but we're also preparing our tool sets and our business models.
Challenges of Wealth Disparity in Governance
Rocky, can we hear you? How about Justin? Hello? Am I audible? Who's Justin? Hey, Justin? Yeah, great. You hear loud and clear. Ask your question, please. Yeah, this question I want to ask. It's a problem in most projects, so the question is directed to circular protocol or anybody David wants to ask the question to. So how exactly do we prevent wealthier or richer users or those with access to more resources from gaining an unhealthy advantage in terms of transaction validation, governance and data control? You know, because it's a big problem and we've not exactly been able to handle this. So I want to hear ideas on how we can do this and. Exactly. Thank you.
Governance and Centralization Issues
That's a big question. I'm going to start with Danny, because you're related to John Luca and if you say anything wrong, he can get mad at you instead of us. Oh, yeah. Can you please repeat the question? Because I lost it. You want to try it again? Can we still hear you? I think we might have lost them. No, no, I'm here. Please ask just one question out of that, because there was a lot of questions in it. So just narrow it down to just one concern and we can dig into it. We'll keep you in the microphone open if you want to have a conversation with us. Yeah. Is simply how we can block, richer users from having an unhealthy advantage in terms of governance and validation and transactions.
Decentralization and Economic Control
So, blocking, meaning kind of control your ownership and is it. Yeah, control. You talk about litigation and things like that, or legal. Legal reactions. I mean, I'm wondering. Give us an example of your question. I'm saying, in terms of transaction governance and validation. Yeah. So it's pretty much an economic question or something technical about the blockchain. Yeah. So, Danny, let's just focus on proof of reputation. That's how we are managing the transaction, the validation and everything, if you can explain that.
Understanding Proof of Reputation
Yeah, sure. So, in circular, differently from other blockchains, we use proof of reputation to validate transaction. What does it mean? So when you join the nodes with your computer, that will be available later in the future. Your computer, your node. You know what? We have Gianluca on the call. I mean, that was a good, sort of a good answer, but maybe Gianluca can finish it. I'm coming to. I'm coming to rescue guys. Thank you. So I. That is. That is a very good question. It's a very profound question, and it will honestly need like an entire AMA just for it. But let me try to be short.
Centralization in Current Blockchain Models
If you think about the biggest blockchains that we have around today, you'll find out that most of them are highly centralized, and not because of their stage of development, but because of the way they were conceived. Think about bitcoin, okay? Bitcoin today is highly centralized, and it's not true. That is the most decentralized net because the hands of the miners lay in big facilities with extremely expensive hardware. And only if you own that hardware with a high hashing rate, you can compete. Otherwise it's never going to be profitable to run and own a miner on bitcoin. So even if it was designed initially to not be centralized, in matter of fact is becoming centralized more and more.
Hardware Centralization and Financial Equity
And that is called hardware centralization. If you own expensive hardware, you can control the network, and that's a fact. And as for today, 55% of the hashing rate of bitcoin it's laying in China, you can go through many other blockchain. Think about Solana. Solana is one of pretty much the same situation. And it's required pretty expensive hardware. Then you see ethereum, and they require a lot of staking, a lot of resources. That's now financial centralization. And all these things, as the guy asked the question, are contributing in giving more and more control to people, to wealthy people, whales or whatever you want to call them.
Building an Inclusive Blockchain Ecosystem
So we tried to provide a solution to that. And the first from a hardware perspective, we are refining a model that should give even capability to earn and profit from nodes independently from how sophisticated is your node. You can make more money if you get a more expensive piece of hardware, but that doesn't prevent you to make still a profit if you're running a small inexpensive node. That is one of the first way we are working toward that. The other thing is that at the moment we are not using a sticking mechanism for node operators. And we are thinking about different ways to reward user coin holders that can easily be compliant with regulations in different countries, especially United States, which is particularly sensitive to this topic.
Governance and Control in Circular
So we are actively working and looking for solutions to all these kind of issues. From a governance perspective, it would come the time. Right now we are obviously, I think you all understand at the very beginning of this project, even if we are all developed from a network point of view, we are still building all the APIs, we are still building all the tools. We'll also get a governance page where there will be the possibility to issue proposals or vote on other existing proposals, and provide control to the community. Because the main mission of circular is to deliver the network. A decentralized network to the community is not to control the network.
Transitioning Towards Decentralization
Today we control the network absolutely today we are not fully decentralized. Absolutely. We could say that today we are distributed, but it's part of a process. In the past it was possible to be decentralized since day one because there was no interest from hackers, from scammers. And today it's a totally different situation. So if you want to bring a network to be decentralized, you need to scale it. But to hand by hand, release nodes and control and make sure that there's no 51% attack that can be performed. And you have to do this in a sustainable way for you, for the network, for the users, for node operators and everybody else.
Inclusion and Technology Accessibility
So this is what we are doing for the hardware. We are using a system that runs on even a raspberry PI, and even if you have a raspberry PI, you're gonna make money, you're not gonna lose money, and you are not required to have stake immobilized to be a node operator and be part of this governance. I hope I answered your question. No, you answered in the most circular way. It is really about fairness and inclusion. I think that's coming through loud and clear and rocky. Thank you so much for that question, Justin.
Staying on Topic in the Discussion
Before you go ahead, David, I would invite whoever is asking questions today to stick with what was the original topic of this AMA. So we have here Carl, which is an expert and an artist, and we have here some of our developers, which are, we'll say probably some of them are interns. So very early stage, and it's probably, I think, more fair to ask things that could be more pertinent to what they've been doing and they've been discussing. Because I think it's also very interesting to understand because there lies our philosophy and the way we see things and the way we want to build things, all the other generic questions about where we're going and blah, blah, let's keep them for when I or the other co-founders will be in the call.
Encouragement for Active Participation
Thank you. Yeah, thanks. Thanks a lot. I'm going to open up the mic. If you have a question like that, please feel free to ask. I think we'll stay on topic to this rocky, thank you very much for that. Mia, the mic is open. Yeah, good audible. Hi Mia, we can hear you. Please ask your question. Just a follow up to this wonderful answer you gave earlier regarding the prover repetition. So I was actually curious, maybe as the secular platform grows, do you actually plan to transition to other proof of stake or proof of work?
Understanding Hypercode Implementation
Then also regarding your hypercode, I don't know. Can you share more details on how this hyper code implemented within the secular network works? Exactly. And what strategies or mechanisms are being implemented to incentivize developers to put on your chain? Thank you. So a lot of it is technical. We're trying to stay away from that. But the very last one, Carl, talking about this compensation model, you don't have to get into rates and percentages and stuff, but how do you see. I'll ask a question again in relation to this is, Carl, how do you see the metrics, the business models supporting the ecosystem and the community that you were talking about before?
Business Model and Ecosystem Dynamics
Yeah, it's as wide range as any business model or ecosystem you could think of. The biggest thing here is that you don't have to trust a company to be ethical or to report things or that the person you made a business deal with now isn't at the company. Or whatever kind of things can happen in a human to human interaction. When you sign a smart contract and the variables are met, the thing executes. Right. So that's really powerful. So, I mean, that can be applied in pretty much any kind of way you can think of.
Future Business Opportunities
I can see like royalties and the music industry getting really revolutionized to where you don't have to track a bunch of people down. It's all instantaneous, happens as soon as there's a transaction. Everybody gets their fair cut and nobody gets opinions about it or tries to snake anybody on the other side. I see there's a creator economy here that's going to intersect. That is, people have hired my company, Epic Maeve, to create nfts for them. We did no technical details, no anything web three coding related.
Creative and Technical Integration
It was all art and creativity and storytelling, the same as we do in any other project. But in this case, we made an entire collection of pfps that people loved, and we made a story around and got people excited. And that drove a whole lot of volume, 600 volume in last October. So a year from now in the bear, a year before now in the bear market, we had 600 ETH in volume in one month because people are excited about the art and the ecosystem, the community.
Emerging Business Models in Circular
So, like, there's a lot of ways that this is going to break into new business models that people can make money on, but building on top of traditional ones as well. So everyone on this call, you want to make some money with circular, we're talking about go to market business development concepts. Yes, it's creative, yes, it's technical. But what Carl's talking about is literally building businesses that take advantage of these functions that your competitors don't have.
Decentralization in Functions and Conversations
So. Absolutely, yeah, that's excellent. So I'm trying to get some other people here. I'm trying to look at the names to see if we can get less technical but more decentralization functions into the conversation. So, hey, Felix, can we hear you? Hello, King. How about. Is this. Is this Felix? Yes. Great. Ask your question, please. Go ahead, Mandev. Hey, Link, can you hear us? Link, can we hear you?
Technical Difficulties and Communication
Oh, go ahead. This is Felix again. Go ahead. You're dropping out again. Start again, please. Sorry, Felix, you're dropping out. Hey, Link, can you hear us? Can we hear you? Yeah, I can hear you. Yeah, great. Ask your question, please. All right, so, yeah, so I've been. Formative discussion. So I'm curious about the circular Internet. Does, like. Is hedgesthem. Is it limited to kind of some suitable for.
Defining the Circular Internet
Like. I'm losing it. Does anyone catch anything? He's saying? Yes, David. He's asking about the circular Internet. How do we define it? Huh? Take. How do you find it? A deal? Yeah, I can take this question. So, Link, let's take any web two company, for example. Yeah, link, we got your question. Let us answer that. So let's take any web two company, for example. Right?
Comparative Analysis of Centralized Authorities
So if Google operates, if Amazon operates, they have a centralized authority, a board of governors, and they are approving all the decision making. And they are obviously a few people. Right? So the Internet there is top to bottom. Right? All the top management, like ten to 15 people or maybe 20 people, they are impacting all the non speaking on all the. Hold your comments until a deal finishes. Yeah. So in comparison, if we take some blockchains, like, honestly, not all.
Governance Models in Blockchain Projects
Like, not all the blockchain projects are perfect. We have so many problems in this industry right now, and we are improving because we are still new. Right. But still in blockchains. Most of the blockchains, it's. Yeah. So please, speaking people are. David, who is this? I don't. I'm not sure. I can't tell. I have a couple of mics open, but people who, if you can be quiet, everyone, until a deal finishes, doesn't understand English enough.
Closing Remarks on Communication and Engagement
All right, I just removed a couple people. Go ahead. Yeah, cool. Thank you. So if we take some other blockchain projects, what blockchains are doing that they have governance models. So even, like, let's take Luna, for example. Luna is not a good example, of course, but all of these have governance models where different people participate. If they have 1 million token holders. All of them are going to vote on some proposal and if they get 51% war on that future or that implementation is going to get implemented into the whole ecosystem, not before that.
Explaining the Circular Internet's Governance Philosophy
So 51% is a threshold there. So if 1 million, 2 million, 3 million people worldwide hold that token, they are going to vote, right? So that's the main difference there. So what is circular Internet? We believe in this philosophy that everyone who is the part of the ecosystem should have a fair say in voting. So if you are holding circs, which is a native token, you are going to be able to like vote on different proposals in the future?
Project Development and Governance
Of course we are. Right now we are a baby project and we are building different apps and everything. But in the governance model that we are going to launch in a few months, we are going to propose different things, compute, even community members are going to propose different features for different dapps. And all the search holders are going to vote if they like it or not, if they want that feature to be deployed or not in the certain DAP, right? So as compared to Google where five to ten to 20 or maybe 50 people are taking decisions for all of their products that millions of people are using in web, three millions of token holders do what and they decide if they want certain feature or element to be added to the blockchain or not. Thank you David.
Transitioning to Decentralized Governance
That's, that sounds like we're heading towards a dow. So. Hey Miles, can you hear us? Hello, can I hear me? Great that we hear loud and clear. Please ask your question. As we all know, without proper marketing and capital, infusion project dies. How do you convince us you have adequate marketing power and capital to push. The project to the top project? Thank you. We've answered that a couple different times in previous. I'm not sure this is the best time for that. Now we can get to our mission, but I want to take advantage of this particular group of developers and creators on the call. Mukdo, can we hear you? Yes. Okay. Can I ask my question, sir? Yes. Okay.
Blockchain Ecosystem and Applications
My question is the biggest of blockchain technology, our transparency and security. How do you leverage blockchain to develop ecosystem apps? Dapps to Brian, Justin to the player. That's my question. Soumya, I think you might be able to talk a little bit about this guy go to market movement that he's talking about. You know, how do we design around that? Can you handle that? Yeah, sure. Like I have some ideas regarding that but since like how Adele told that we are a baby project right now and we are one thing at a time. So not venturing to far into the future and in the depths of it, but definitely there's a roadmap, there's a plan of developing more apps that support our one native architecture. And again, going back to what the other speakers have been saying all throughout, is that we need to have a robust blockchain network at first.
Healthcare and Financial Solutions
And that is what we've been creating. The healthcare team is developing a particular solution suit for healthcare, and we are developing a particular solution suit for the finance world. So definitely there'll be a future, near future where there'll be all these apps on our network communicating to each other with our own currency. That is search. So, yeah, like, that's about what I know and what I have with me, but probably other speakers can add on it. Anybody? All right, that's. No, that's good. Hey, b, can you hear us? Yeah. Audible. Okay, great. Ask your question. Speak up, please. You're kind of quiet.
Technical Queries on Parallel Teaching Architecture
Okay, okay. While going to your website, I read about parallel teaching architecture. So I'm actually curious. How does our circular protocol achieve this parallel chain design? And what advantages do you offer to your platform? Can you actually share more information or details regarding this parallel multi chain design? Yeah, I'm gonna ask either Danny to get that or your uncle to come in and save us. It's better if John Luca save us. Because it's something complicated. John Luke, if you're there, take a stab at the multi chain answer again. Yeah, sure. So again, this is a multi chain network. So the difference is that most of the layer one blockchains, there is one network, and that network is processing only one blockchain.
Multi-Chain Network Mechanics
And if they are multi chain, they have different networks, and each network processes only one blockchain. In our case, we have one network that process multiple blockchains at the same time. Now, these blockchains can be completely independent and be standalone chains, or they can be parallel, which means that users and wallets and assets of different blockchains can interact and be reached from both instances, which makes, in matter of fact, a parallel chain, which enable parallel block minting on the two different chains. What the other blot layer one do when they define a parallel chain instead is a simple transaction execution in parallel. So if you are familiar with blockchain, like, say, that's all they do, they have pretty much adopted the solana virtual machine, which is an EVM compatible, and they made it parallel.
Challenges and Further Developments
And indeed, today they are facing issues because, for example, Sei, which has been growing a lot of. It's fast, but there is a problem people, developers that have been developing on other blockchains, which are becoming anyway, faster and faster, don't have enough motivation to jump on, say, just because they have a parallel execution of smart contracts and transactions. That's why for us it's just one of the main features, but it's not the only feature. So we have many other features that we've been building and to try to create a focus and. Yeah, that's pretty much it. Hey, Dave, you are on mute, I guess. Hey, Victor, can we hear you? Yes. Yeah, yeah. Thank you.
Security Measures in Blockchain Technology
Giving me opportunity. Can I ask my question? Yeah, please do. Yeah. My question is what security measures are. In the place to protect user and. Their data on the circular protocol? Protecting the user. Yeah, yeah. Isn't that. That's what the whole thing is about. I don't sure there's specific issue about that is like identification or is it ownership? In what? In what way? Protection. Okay. Okay, thank you. I last question. Connects. Go ahead. Yeah, yeah. My question is, ambassador play a very. Important role in every project. Do you have an ambassador program? If yes, how can I be one?
Ambassador Programs and Community Engagement
I think we've asked, mentioned that past. We're still working on the details of that, right? Yeah, I'm going to answer this question. So, Victor, we are working on an investor program and we are going to launch it in a few months, right? Not right now, because like a lot of things are going on. So we are going to like, explain all the details about ambassador program, but we are not like expecting to release it in this quarter. So hopefully 2025, first quarter, we are going to release it. And of course we are going to take people that are very much active into the community. So we are running different programs into the community, like active member programs, Z League, Galaxy Quest and everything.
Future Initiatives and Closing Remarks
So we have some loyal members and we are going to prefer them when we are going to look for the ambassadors. Yeah. Thank you so much, David, please. Yeah, so we're past the hour now, but I'm going to keep going. If anyone of you have to drop off on our team because you have other meetings. Thank you so much. You can just drop off if you need to. I'm going to keep going just because there are a whole bunch of questions left. Again, we're trying to ask this group questions. It can be technical, but it's more about the actual go to market developers. Process the creators. That's what we have in this call, our team that's actually using this stuff.
