WOLF TUESDAY AFTERNOON SPACES

Space Summary

The Twitter Space WOLF TUESDAY AFTERNOON SPACES hosted by WOLF_Financial. The WOLF TUESDAY AFTERNOON SPACES delved into the fusion of social media and investment research, illustrating how this blend can enhance wealth-building strategies. With a host transitioning from a Goldman Sachs Analyst to a CEO and boasting over 5000 hours of Spaces experience, the discussions highlighted the value of expertise, networking opportunities, and career growth in the digital landscape. Insights on career transitions, innovative wealth management strategies, and the power of community engagement portrayed the dynamic potential within the Development Agency space.

For more spaces, visit the Development Agency page.

Questions

Q: How does blending social media and investment research benefit wealth creation?
A: The combination brings diverse perspectives, real-time updates, and community interaction to financial decision-making.

Q: What sets the value of expertise gained from hosting over 5000 hours of Spaces?
A: It demonstrates commitment, industry knowledge, and the ability to engage audiences effectively.

Q: Why is it important to learn from professionals who shifted from traditional finance roles to social media?
A: Their journey provides insights into adapting to new platforms, expanding reach, and staying relevant in a digital age.

Q: How can networking in Spaces influence career opportunities in finance?
A: Interacting with professionals can lead to collaborations, mentorship, and exposure to new career paths.

Q: In what ways can finance and technology integration impact wealth management strategies?
A: It enables automation, data-driven decisions, and access to global markets, enhancing portfolio diversification.

Q: What benefits can individuals derive from actively engaging in Spaces for knowledge exchange?
A: It fosters learning, skill enhancement, networking, and staying updated on industry developments.

Q: How does the transition from analyst to CEO reflect the potential growth opportunities in new media platforms?
A: It showcases the evolution of roles, entrepreneurial spirit, and the power of social media in career advancement.

Q: What role does mentorship and skill development play in leveraging Spaces for career growth?
A: It offers guidance, feedback, and opportunities to enhance expertise, positioning individuals for advancement and success.

Q: Why is it essential for professionals to engage in in-depth discussions in Spaces?
A: It leads to comprehensive understanding, strategic insights, and building a reputation as a thought leader in the industry.

Q: How can the fusion of finance and social media contribute to community building and industry knowledge sharing?
A: It creates a platform for information dissemination, idea exchange, and fostering a supportive network for collective growth.

Highlights

Time: 00:15:42
Wealth Building through Social Media Integration Exploring the synergies between social media engagement and investment research for financial growth.

Time: 00:25:19
Expert Insights from a Former Goldman Sachs Analyst Gaining knowledge from a professional who transitioned from a traditional finance background to a CEO role.

Time: 00:35:55
The Power of Networking in Twitter Spaces Discovering the networking potential and community building aspects of engaging in Spaces discussions.

Time: 00:45:30
Career Growth Opportunities in Finance and Social Media Exploring pathways for career advancement and skill development within the intersection of finance and new media platforms.

Time: 00:55:14
Innovative Strategies for Wealth Management Unveiling innovative approaches to managing wealth through the integration of financial expertise and technology.

Time: 01:05:20
Learning Paradigms in Digital Finance Adapting to new learning paradigms and industry trends in a digital era through interactive Spaces engagements.

Time: 01:15:42
Transitioning Roles in the Digital Landscape Exploring the transformative journey from traditional financial roles to leadership positions in social media platforms.

Time: 01:25:10
Knowledge Exchange and Mentorship in Spaces Understanding the role of mentorship, collaboration, and knowledge sharing in leveraging Spaces for career growth.

Time: 01:35:29
Building a Thought Leadership Reputation Strategizing ways to establish thought leadership, industry influence, and community engagement through Spaces interactions.

Time: 01:45:17
Community Support and Skill Development Leveraging community support, skill enhancement, and continuous learning for personal and professional growth.

Key Takeaways

• Combining social media and investment research can enhance wealth-building strategies.
• Hosting over 5000 hours of Spaces showcases expertise and dedication in the field.
• Utilizing platforms like Twitter Spaces can offer unique opportunities for knowledge sharing.
• The fusion of financial expertise and social media engagement can attract a diverse audience.
• Learning from professionals who transitioned from traditional roles to new media platforms is valuable.
• Engagement in Spaces can lead to networking opportunities and community building.
• The intersection of finance and technology can offer innovative ways to grow wealth.
• In-depth discussions in Spaces can provide actionable insights and industry trends.
• The transition from analyst to CEO highlights the potential for career growth through social media.
• Spaces can serve as a hub for knowledge exchange, mentorship, and skill development.

Behind the Mic

Initial Greetings and Excitement

Penny. Penny. Penny. What's going on? Not much. What's up, Wolf? Happy Tuesday. Happy Tuesday. I'm excited, dude. Finally back on for the Tesla space. What's been like three weeks? Yeah, I was going to ask the same question. It feels like we haven't done this space in a long time. This is one of my favorite spaces every week, so I'm definitely excited to get back onto it. Yeah, me as well. It has been three weeks. I was in Malaysia two weeks ago on the six, and then I was flying back from the Philippines. I landed like right before after 30 hours of travel for last week. So that would have been a little bit tough. I got, it was crazy, man. I think you're familiar with, you know, how REM sleep is when you actually recover. I got 20 minutes of REM in 50 hours. So it was definitely, I dont know if I wouldve been so good for that space right there. I was kind of bumbling my words at that point, but certainly a lots been going on right now.

Tesla's Stock Market Performance

Tesla has rebounded like the rest of the stock market. When youre just looking at the stock real quick. Its had a great week. Tesla stock is up 12.85% in the past week. Its still not back to green on the year yet. It did have that pop up that we all saw when it went into the 260s. It's sitting down about 10.8% on the year, but certainly nice to see it recovering after kind of dropping off that past month. Not sure if anyone else sniped any under 200. I know Omar was buying and posting about it underneath $200 a share, which was always exciting to see when people do get a good entry like that. And there's been more updates, of course, going on with the networks. I don't know if you saw this. One of my favorite things that I've seen from Tesla over the last, I would say, few weeks is, well, it's actually not from Tesla. This was posted by Sawyer and he posted a, like, wide body kit that people can get on the model three.

Discussion on Tesla Model 3 Customizations

Now on the Tesla model three, did you see what I'm talking about? No, I haven't seen anything like that. Do you know who made it? Yes. Yes. I gotta find this post. I actually sent it to a friend of mine. It's like a $7,000 wide body kit for the Tesla model three. And it's made by liberty walk. Oh, sorry, I accidentally muted Omar. I meant to send him co host. And so let me see if I can find this real quick. This was from Sawyer. And I'm just going to post it just because it was one of my favorite things that I saw about Tesla in the last little bit. I thought it looked absolutely sick. And I feel like if I got a Tesla and then I put this onto it would just look crazy. I just pinned it to the top of the space for any of those that want to take a look at it and get a look.

Anticipation for Future Tesla Customizations

Hey, Landon, I assume the audience, if you want to go ahead and request up, but yeah. Do you see that penny? It's not in the jumbotron yet. As soon as it comes up, I'll take a look. But I think that in the coming years, Tesla custom shops things like body kits like this, they're going to be so popular because, you know, Tesla is really working on printing the most efficient manufacturing lines that they can. And that means not necessarily so many options, not so many different body styles and things like that. They have a lot fewer models than a lot of the other car companies. So I think things like this widebody kit and other customizations are going to be increasingly popular in the future. I hope the company does really well.

Insights on Elon Musk and Tesla's Operations

Yeah, yeah, 100%. I dm'd it to you as well in case it's not showing up top. Just because I thought it looked absolutely sick. So sporty. I see it now in the jumbotron. Yeah, that is cool. 8000 is not cheap, but for a full body kit, make yours look different than anyone else's. Yeah, I think that's really sick. I like it. I like it. I feel like you drag race around in one of those babies, it'll look fun. but, yeah, outside of that, I know that there's been plenty always going on. There was some discussion, a lot of discussion around Elon, of course, he did a space with Trump. They talked about Ev's a little bit, I believe, on that space as well. There was breaking news this morning or last night from SawyEr that I saw as well, that Tesla China said that construction of their new Shanghai megapack factory is now 45% complete after just three months of construction, which is wild.

Progress and Developments in Tesla's Production

So they're projecting to finish that, I guess, near end of year, maybe early next year. So that's pretty close to coming out here. And, yeah, there's just been a lot going on. But I will turn it over to Omar real quick because, Omar, we've had three weeks off from this base, the longest I think, we've ever gone. So I feel like there's a good amount that's happened. And I'd love for you to catch us up. Yeah, there definitely has been a lot happening. Hard to catch up on everything, but we've been seeing pretty incredible progress in both EV's and autonomous cars. So, you know, for Tesla, things seem to be improving in the core auto business. We got some China numbers last night, along with an update on the megapack factory. And Tesla is doing very well in China.

Tesla's Position Under Different Political Scenarios

But either way, like, if the Democrats, I know a lot of people say if, like, Kamala wins, it's actually me bearish on Tesla because they don't like Elon. But I disagree. I think it's still going to be pushing EV initiatives, which would be a net positive for Tesla, obviously, as a market leader. And then Trump is, like, hyping Elon up a lot where he's going to have potentially a lot of influence in his candidacy. So, like, Tesla's in a great spot, in my opinion, on a lot of different growth avenues, aligning as a perfect snore storm of multiple inflections that are almost the red zone, where they can actually push to the end zone at the same time, which is really great. I do think the rate cut is coming narrative is also a huge boost for Tesla as well, because consumers won't be, will be more in line with buying cars, with affordability becoming more, with the cars becoming more affordable, with lower rates. Tesla obviously be a beneficiary outfit.

Current Favorable Conditions for Tesla

So, like, I do think the worst is behind Tesla and the fundamentals, like those price reducing the prices, margin deterioration, like, I think that those days are over with and I love to see it, and it feels like it's about to break out. This multi year base has been in, and that's correlating with a lot of fundamentals finally catching up as well. So, like, I do think it's great time to be a Tesla shareholder, and I think there's going to be a lot. You felt a lot of FOMO once it broke 200. You felt that excitement that this name has been, like, lacking a bit. If you weren't just an absolute Tesla bullae, you felt that again, that was like a renewed energy. And I think that's just the beginning of a multi year rally that Tesla's going to experience with all these technologies that they're going to introduce in the near term.

Interactions and Personal Experiences at Events

Definitely want to hear Omar's thoughts on that. But before I do, Jessica, it was really nice meeting you in person, and great to see you up on the space. Now. What's going on, Jessica? See if she's able to unmute. Jessica was sitting next to myself, Samuel, who's up here and diligent for the Trump speech that we watched in Nashville back at the bitcoin conference. They all sat there waiting for like, four or 5 hours before the speech, and then I just showed up and took the seat that they had saved for me. So thank you, y'all, for getting me some sleep, but we'll see. I'm giving it a minute because I'm not hearing Jessica. Maybe she's having some trouble unmuting.

Analysis of Market Trends and Tesla's Position

But, Omar, did you have some thoughts on what Shai just shared there? Yeah, I agree. I think Tesla has really been an interest rate loser since rates have gone up. Not only has it impacted their core business, but its also just impacted equity markets. I think people dont necessarily like the story they may like autonomy, but when the core business isnt growing year over year, then its tough to really look at it and say, okay, this is a great entry point. I think thats starting to change as rates come down. And you look at, for example, some of the revised labor market figures. The labor market significantly softer than it initially appeared. So I think theres a very good chance of a September cut. Youre already seeing the core auto business improve and I think theres some wind in their sales coming.

Cybertruck Sales and Market Position

Yeah, the CybertrUcK is Looking like a hit, which is kind of contrary to what we HAD Heard for a long time. People said, oh, this thing's so ugly, no one's going to want to buy this. The Ford F 150 LiGhtnINg, that looks like a traditional truck, so they're probably going to outsell it. But Tesla is now outselling the Ford f 150 lightning and the Rivian R one t combined the next two best selling electric trucks. So its now the best selling electric truck in AMERica, which is like. Electric trucks dont have very high sales really. We want to be talking about gas trucks and really making a dent in gas truck sales. So there's a long way to go, but it is encouraging to see some of those sales numbers. 4600 Cybertruck registrations in June. I'm sure July and August are going to be even higher than that.

The Impact of Features on Cybertruck Sales

And they're still only selling the $100,000 version. So this foundation series, it's a limited edition version. They're selling it at a higher price, everything kind of included later. Hopefully by the end of the year, next year, they're going to be producing an $80,000 version and eventually even a $60,000 version. So that, I think is going to open the door to significantly more sales as those versions come out. Currently, the Cybertruck still doesn't have FSD or autopilot, which is weird for a Tesla vehicle. It's supposed to be coming this month, so that's going to be super exciting. But overall, I think sales are very impressive.

Technological Advancements with Cybertruck

We saw someone actually register one in China. I think China could be a huge market for it if they start selling it there. Officially, this guy just bought it in the United States and had it imported. But they are making very good progress. Ramping. I think their installed capacity is about 120,000. They are approaching a run rate of 60,000 or more. So they're kind of halfway to using this initial capacity. I think they'll continue to ramp from there, but without the Cybertruck, the US EV industry would have actually fallen year over year. So it's the best selling vehicle over $100,000 gas or electric. So people really like it.

Public Perception and Experience with Cybertruck

I think when you drive it. They're now giving test drives, by the way, you'll see why the outside is really not what it's about when you drive it, when you sit inside, when you see the steer by wire, the rear wheel steering, how this thing gives you the utility of a truck, but it still feels like a luxury sports car to drive. I think this thing is going to be super popular, especially as they get the lower priced versions out. The other thing that we've seen from Cybertruck that's kind of interesting is they've started making prototype 4680 cells with both the anode and the cathode using the dry electrode coating process. Now, what does this mean? Long story short, it means we can ramp up the battery production faster.

Future Manufacturing Capabilities and Cost Reduction

It means we can do it at lower cost, with less space, with less energy use. It's a big advancement in the battery technology that powers this product and should help it continue to ramp. So all the haters who said, oh, Cybertruck's ugly, it's going to be a failure. They now have to try and explain why it's the best selling electric truck and growing. And I think by the end of the year, they have said that they're going to be profitable on the Cybertruck as well. So right now, they're losing money on everything they sell, just typical for new vehicles. But by the end of the year, it'll actually be helping them make more money.

Earnings Impact due to Cybertruck Production

So the automotive gross margin you saw in Q two, for example, that reflected a headwind from cybertruck production. Cybertruck is making them less profitable because they're losing money on it. By the end of the year, that situation is going to be reversed. They'll actually be making money the more cybertrucks they sell. Some bold predictions, but I'd love to see it come true. Landon, what do you think? Sniper truck is so exciting. For all of those reasons and so many more, what I've watched in the automotive industry for three decades is major and minor players come out with prototype vehicles, concept vehicles, and they say, this is the future.

Unique Position of Cybertruck in Automotive Market

This is what our brand can do in the next ten years, and they lose money on it, and they never build them. Or they come out with a watered down version that's got 14 inch wheels and tires on it and look stupid. And Cybertruck is the ultimate Halo vehicle for Tesla, and they are not losing money on it. They're actually getting their clients, thousands of people a month at a time, to pay over $100,000 for one of the versions. 120,000 for another version. This is success because Tesla has created the it vehicle of the moment of the decade. Who knows? But you don't find pro NBA players. You don't find rap stars.

Cultural Significance of Cybertruck

You don't find reality stars and Hollywood celebrities showing off lamborghinis this year. Do you? They're driving cybertrucks. And here in the next month or two or so they are going to be driving around those vehicles full self driving robo taxi style. Very exciting. Cybertruck. Yeah. Wolf. Did you see that video about Shaq ordering a second cybertruck? I did. I don't want to have to just bring mine from this other place. Right? Yeah. I think that kind of says it all.

Size and Usability of Cybertruck

He was like hey. I missed my cybertruck. I need a second one. I got one in Vegas. I need one in Atlanta too. And I mean it really is the best vehicle for someone like Shaq. I think. Certainly in a Shaq environment I think it'll be a good fit. I can imagine very few Ev's Shaq can even fit in before this. Yeah. I'm no Shaq. But I can tell you the world is not built for people over 6ft tall. I will tell you that.

Comparative Analysis of Cybertruck and Competitors

Let's go over to Meta four. Who jumped up on stage? Meta. What have you been looking at in the world of Tesla? We talking cybertruck? Elon. A few other items. Yeah. Cybertrucks. I've been driving my cybertruck around. And more and more the comment I get from people is I used to think it looked ugly. But the more I see it they actually are growing on me. And it really reminds me for those people who were around. Like if you drove a model three in the early days it was the exact same comments.

Perception Shift and Public Response

People would say, It. You know, it looked uglier in photos. It looks nicer in person. People forget this is like the way human brains work. Familiarity makes things look more comforting. And the more you see it the more familiar you get. There's this concept I remember learning from a friend about the fashion industry where like let's say they wanted people to wear clothes with sharpen shoulder pads or something like that. Well, on the Runway they would have insanely exaggerated looks and people would say, no one would wear this. Then you go to the store and you see something that's a little dialed down and they go, oh, you know what?

Comparative Impact of Designs in the Fashion Industry

This I could get. You know? I could get behind this. But not. Not that crazy look on the Runway. That's what most other car industries do. Right? Like they'll show crazy prototypes and then dial it down. It's kind of a waste of resources. I like Tesla's approach to just be like, look, we'll just get enough out there. People get familiar with it. And that also solves the same problem.

Unique Features of Cybertruck

Yeah, there is something kind of beautiful at it. Like, I often find myself kind of staring at it. The form is just so simple. It's so out there that I think there is a certain kind of beauty in that. You may not consider it like the typical kind of car beauty of, you know, a nice, shiny, painted car. But, there is something very eye catching about it, and it's definitely something that people just gravitate towards.

Public Engagement and Cybertruck's Popularity

Every time you park, people are walking up to it, they're asking you about it. Some mom says, hey, can my kid take a picture in front of your cyber truck to send to his friends at school? So, yeah, I think, Franz and the team really kind of knocked it out of the park on this one. I was walking up to Starbucks yesterday, and one of my friends parked his cybertruck in front. There was a cute young family walking by, and they probably had like, a two year old son.

Childlike Wonder Towards Cybertruck

The two year old son pointed at the Cybertruck and he said, mommy, another weird truck. And then like two, 3 seconds later, he goes, mommy, can we get one? I mean, like, people love these things. They are weird, but they're weird in like, the most beautiful way. It's fun to watch Tesla pull us into the future. I watched yesterday a dive into the new Chevy half ton pickup ev that's now, I think, in limited release.

Contrasting Designs in the Automotive Industry

And this is the opposite of the cybertruck in all of the old school ways. It's this black, shiny paint that looks like it's very fragile and delicate on this full size work truck. I mean, it's incongruous. Why would you spend so much money on a work vehicle and then have to absolutely baby it? Anytime you go to home depot, where you got this stainless steel and you can see people filling it with bags of pallets of concrete, putting lumber on the top of the thing, they're driving it off road, they're living out in the wilderness.

Durability Concerns with Conventional Trucks

This is not your father's shiny Chevy kind of garage queen truck. Yes, Sam, I was just going to have a question for anybody on the panel. I think the Cybertruck came out, like, end of last year. I could be wrong, though. How is it performing compared to some of the other models launches? How is the Cybertruck's launch compared to the other like sales wise compared to some of the other models? Well, the Cybertruck is still production limited.

Performance Assessment of Cybertruck Compared to Other Models

So it's hard to compare a vehicle that's production constrained to vehicles that may not be production constrained or probably are not production constraints. You know, if you want to look at the $100,000 price range, this is actually now Tesla's most expensive vehicle. So it's more expensive than the Model S and the Model X, but it's now outselling the Model S and the Model X. So, you know, for its price range, it's doing very well.

Market Expectations and Future Models

I think to get into much higher volumes, you really want to see the $80,000 version and eventually the $60,000 version. But its literally the best selling vehicle above 100k, gas or electric. And it hasnt even fully ramped yet. Trey, theyre still selling the foundation series. Everybody buying it knows that someday a $20,000 price cuts coming, yet they just dont care. Theyre still buying it.

Global Expansion and Demand for Cybertruck

And expanding globally into Canada. Now is taking orders and planning deliveries. I think the Omar's story earlier about the man that imported and processed a cybertruck into China does not mean that Tesla is going to be selling cybertrucks in China anytime soon. But it means that there's a man that was willing to pay reportedly over $300,000 for this truck. That's about to be $80,000. The demand is out there.

The Economic Viability of Cybertruck

It's insane. And I think Tesla is working the program very well. Yeah, if you want a Cybertruck like that guy in China, there isn't really an alternative. If the Ford f 150 is too expensive, you can go get a ram, you can go get a Silverado. They're going to be almost exactly the same. If you want a cybertruck, there's only cybertruck.

Consumer Personalization and Unique Wraps

It's crazy, too, the amount of people who get a cybertruck and on top of the price tag, they're already playing. They're going out and wrapping it with all these very cool wraps. Yeah, I've been surprised by how many wraps there are. I'm seeing a ton around southern California and probably almost, at least half, if not more wrapped. Wrapped black, blue, tan, wrapped with your business's name, wrapped with some kind of design.

Marketing Opportunities with Cybertruck

It's really become this giant canvas for people to express themself or promote their business. And it kind of naturally attracts eyes, right. People are just naturally looking at it. So I think a lot of businesses have bought it just to, for example, promote their real estate practice or their plumbing firm or whatever they're using the truck for. Preston, let me flip it back over to you.

Investor Perspective on Future Developments

Shy for a second, looking at it from the investor perspective, what are you hoping to see over the next few months? Yeah, unfortunately, right now, Tesla is a story stock. And what do I mean by that? Is like everything that everyone on the panel is bullish on. We're not really seeing that reflecting the fundamentals yet, which I'm totally fine with because I love being kind of there before that occurs, because that's when the mass audiences and Wall street starts catching on and revising their price targets, doing those upgrades, that's going to drive the stock price up and up, or rather be the first mover there before that occurs.

Expected Developments in FSD and Cybertruck

So in the next couple months, like next six months, let's just say I would love to see some of the FSD revenue occurring so we can see the margin expansion story or just seeing more volume on cybertrucks or any kind of earning expansion story. Margin expansion story that lets the fundamentals kind of catch up to the valuation. Because right now, clearly there's a massive disconnect, which I'm totally fine with because my vision for Tesla is way greater than what the fundamentals should be right now.

Risks Associated with 'Story Stock' Status

So I could care less. But what, to answer your question, fundamentally what I'm looking for is just closing that gap a bit because right now it is an absolute story stock. And there's a lot of ways that can go wrong due to out of the company's control. Let's just say rates don't even get cut this year or we hit, answer, a recession that's way more severe than people anticipate. Like, I don't think either of those things will happen, but those are potential headwinds.

Caution in Volatile Market Conditions

So those, whenever a company is a story stock with their fundamentals of backup valuation, like, they do get punished the most during those kind of recessionary environments. So that's the only caveat of, like, ooh, I would like that to improve, but also I'm not done building my position. I want more. So I could, I kind of want this to not explode to $300. Like, I would love it to, like, settle a bit because I'm still trying to build it up that position.

Upcoming Events and Potential for Information

So it wouldn't be the worst thing if the 1010 event wasn't a. We didn't get that much detail or visibility of what actually is going to occur next year or so because I'm still building. But to answer your question, I would like that gap to close so the fundamentals finally back up the get closer to what the valuation should be. So yeah, it definitely makes sense what you're saying. You'd like to see those things continue to get implemented into the actual company.

Differing Perspectives Among Investors

Right? A little bit of projection certainly happening right now. I think, Omar, you're an interesting place because you, Penny, others are in the day to day where you're driving the Tesla. You're in the feel of the company. It is a big part of your everyday lives. So there's kind of, I think it's for a lot of investors who don't actually own the product, that's maybe they're more on like we're shy's looking at it versus the people that are driving on a day to day basis that perhaps are more like, hey, we already are there, right?

Firsthand Experience with Tesla's Capabilities

I'm already seeing it do all the driving for me every day. All these things are already happening. I have FSD beta, but it's not necessarily widespread yet. What are the latest updates with FSD beta with some of the versions that are coming out? Amar? Well, you know, they've got this new version that is the biggest FSD update ever. It's like an atomic bomb that's about to go off over the fleet in a good way as it rolls out.

Significant Upgrades in FSD Technology

They've been really being very cautious rolling it out because I think going hands free for the first time where you don't have touch the wheel on the city streets and highways is a big leap for them. So they want to make it really good. And they have the new models five times larger in terms of its parameter count, and you can really see the difference. It's just a much more lifelike driving experience.

Material Changes in Driving Experience

So I think going hands free and releasing that, it's not obviously a driverless car, but I think it's going to be material. And a lot of people don't realize how material FSD as an ADAS system actually is today. Goldman estimated last year that in 2023 they did one to $3 billion in revenue based on FSD and enhanced autopilot sales. So this is on its own, a billion dollar business.

Financial Performance of FSD Software

It did more revenue than chat GPT last year. So, you know, FSD alone and then how many people are buying the cardinal because of autopilot and FSD? So I think it's a big part of the business. Obviously, it's peanuts compared to, I think, what the robo taxi is going to be. But a lot of people don't really know about this because they don't break it out. They don't find it to be material enough to break out.

Expected Features and Global Expansion of FSD

I think with the release of hands free FSD, that's really the two key milestones I'm looking at this company more than anything are the release of hands free FSD in the United States and the expansion of FSD into international markets like Europe and China. If they can do that, they're going to get a ton of sales and subscriptions from people in those markets who've never been able to try FSD before.

Comparison of FSD Capabilities in Different Markets

And I think their head is going to explode when they see the jump from the five year old autopilot to the latest. FSD, which already works in Europe, can handle roundabouts and do drives without any intervention. They've demoed it in Germany for some regulators, and the regulator said, hey, it didn't have any interventions and it was able to drive through Europe, drive through Germany, go through roundabouts.

Projected Timeline for Full Autonomous Driving

So that is really, I think what's in the near term in terms of launching a driverless service, I think that's probably not going to happen earlier than the end of 2025. But in terms of the ADAS system, I expect the rollout of hands free to be material not just to subscriptions and after purchase sales of FSD, but I expect it to also increase new car sales. It's going to be a significant differentiator.

Anticipation for FSD Integration

So I really agree with shy. You're not seeing a lot of this in the p and L. It's just not there. Right. People are looking at the automotive side of the business as they roll out hands free. They start to be able to tell that story when you can say, hey, we saw user growth of 50%, or we saw the number of FSD users double, or we saw revenue double from FSD. Then Wall street starts to be able to model it out.

Potential Earnings Highlights

And I'm hopeful that in Q three and Q four they can start highlighting this more in their earnings. Did you see the Tesla Cyber van that people posted? Yeah, and there's a lot of speculation because they've been saying we're going to bring some new vehicle models to market. So everybody wants to know, what are these new models? And they had this little picture they showed at one point where they had a couple vehicles under the COVID One looked like a van.

Tesla's Innovative Approach to New Models

So maybe that's one of the new vehicles we're going to see. But still a little bit of speculation as to what these new models are going to be. The crazy thing is they said, we've got new vehicles to show you guys that are going to start production in the first half of 2025. That's very different than any vehicle Tesla's ever brought to production before, where typically they unveil it multiple years before the production start.

Proposed Timeline for New Vehicle Launches

So this, with the 1010 event and a start of production in early 2025, would be the fastest turnaround we've ever seen from unveiled a production. So I'm very interested what it's going to be. And frankly, they've done an amazing job keeping it a secret. They've done such a good job of keeping it a secret that it almost feels like it's not real. But we'll find out soon, I think. Saw we got Sawyer just popped up on stage.

Live Observations of Performance Metrics

Sir, we've definitely gone through a few of your posts. I really. I pinned one to the top. I thought that Liberty walk widebody kit was superb for the Tesla model three, and then talked a little bit about the new factories that are going up rather fast. What do you think are some of the most important news that's been happening in the Tesla world lately? Yeah, first of all, sorry I'm late.

Factory Developments and Production Capacity

I had to go deal with a couple of things. The most exciting news to me is definitely that the Shanghai megapack factory is now 45% complete just after three months. For those who don't know, in the Tesla's current megapack factory in Lathrop, California, that took, I believe, about 14 months from groundbreaking to, I think, pilot production, starter pilot production. So the fact that they're already 45% complete in three months tells me that there's a small possibility that we could get the start of pilot production by the end of December.

Financial Projections from new Factory Developments

And I think they speed, baby. Yeah, it's pretty nuts. And, you know, just this one factory, they're gonna spend a couple hundred million dollars making it. Of course, there's more expenses for the equipment that goes in there and labor and whatnot, but they're going to be able to generate upwards of $10 billion a year just from this one factory, off of 10,000 units, 40 gigawatt hours of initial capacity.

Cost Efficiency and Strategic Positioning

And that's going to. It's probably going to be even cheaper than the lathrop megapacks to make, just because of the lower costs of materials and batteries and lfps directly in China, they're going to source that locally, and then they'll export those to just the Asia Pacific region, but also probably to Australia and other places, too. So, yeah, it's going to be great. Yeah, I agree with Sawyer.

Implications of Lower Production Costs

The factory in China is probably going to be a lot lower cost than the factory in California. This means lower cost batteries. And I'm guessing this new Shanghai megapack factory, when ramped, is going to represent more than 50% of Teslas global megapack volume. Yeah, and it seems like they have more space, too, just to be able to expand even further if they want to.

Projections for Production Capacity

So that 10,000 initial capacity units per year is probably low. What about in regards to all the stuff that Elon has been doing lately? I mean, we talked a bit about it before we got in here Sawyer but obviously he posted, I'd be willing to serve. Do you think, you know, at some is there any point where he gets stretched too thin here? I mean, I feel like we could have had that stretched too thin argument, like four companies ago, like he's running six or seven now.

Analysis of Elon Musk's Roles Across Multiple Companies

I think for Elon, he's best served, the best position for him, I think, would be an advisory role. A cabinet position just wouldn't make any sense. There would also just be conflicts of interest with all the public stock that he owns with Tesla, especially if he's gonna advise on, you know, EV policy and whatnot.

Changes in Advisorship and EV Policies

But if he's just an advisor, that's fine. He did that in 2016 for Trump, but then he dropped out because Trump left the Paris climate accord. But it seems like things have changed quite a bit since then. So I think an advisory will role. Make sense? Yeah, that'd probably be some. I think Elon, as someone else mentioned, Tesla's in kind of a good situation here, because if Kamala wins, then she loves EV's. She's not going touch the EV tax credit, she's not going touch the IRA. That was her administration. So that obviously results in a ton of money to EV companies, battery production credits, you name it. But then if the Republicans win, Elon also has a close relationship with the administration. I believe he'd be able to steer them in directions that would possibly mitigate the damage to Tesla or even benefit Tesla. And there are, I think, upsides of revising or appealing the IRA as well.

Tesla's Position Amid Political Changes

There are a number of challenges with it. I think it would probably improve Tesla's competitive position relative to their money losing peers and I think generally subsidies for made in America, whatever they want to sort of structure it as could be helpful to Tesla. Tesla does a lot of us production as well. So in a way, they've kind of neutralized the risk of the anti EV candidate while, you know, the pro EV candidate, she doesn't like Elon much, but she's probably going to create policies that are good for EV's, keep the fuel economy standards high, et cetera. So I think Tesla is going to be good regardless of who wins. It's really just up to the people to decide who they want to be president. Let the people choose.

Final Thoughts and Future Events

Yeah, no, totally. It's a good point there just a minute or so left here on the space. I appreciate you making the time to jump in SaWyER obviously, if anybody's in the audience. Sawyer Omar, Penny, Landon, Meta shy Kristin, just great resources for Tesla. I think Sawyer and Omar are, you know, must follow us if you want to keep in the Daily Tesla news and all that type stuff. I encourage people as well to, you know, the panelists up here, a bunch of them I'm subscribed to, they share, you know, extra stuff. Shout out SAWYER by the way, getting offered merch from the Empire State Building via DM, I think that's how you know you're winning, man. That was the most random DM, the Empire State Building. Hello. Would you like, well, they like beef with people and stuff like that, so they definitely go at it. But really excited were able to get our Tesla space back and going this week.

Looking Ahead to Future Talks

We will be back on next week for Tesla talk, 12:00 p.m. eastern on Tuesday. I'll be doing the full day of spaces just like I am now. I'm going to take my flight back on Monday so I can be back in time to do it on Tuesday. But Omar, anything else for you on this one? No, I would just say Tesla's giving test drives with the latest FSD. Go ahead and sign up for a test drive and try it. Yes, I did a test drive in a Tesla, but I didn't get to test drive FSD, so I might have to go book another test drive. Penny, anything else for you? No, man. Great space. Happy to be back with the crew. See you next week. Perfect. Looking forward to it. Thank you.

Encouragement to Follow Relevant Speakers

Sawyer shy, Kristin, Landon and Meta, as well as my awesome co hosts. You guys are all great. Encourage people to make sure that you are following these speakers that are up here. And same time next week for more Tesla talk. Going to rotate back into some finance talk here for the next hour, specifically focused on emerging markets, as I have Kii chain up here. I know that this is a big thing for you guys, focusing on that future of finance for emerging markets. Y'all were referred over to me to actually bring on spaces by a good friend of mine. And so I am really looking forward to this one. We are going to have some other speakers that will be joining up on stage.

Transitioning to On-Stage Conversation

But while we are waiting on them, let's just go ahead and get rolling because we already got the audience here. Can you guys hear me? Well, behind the account, I know there's been some glitches today for people. Hey, gav. Yeah, I can hear you perfectly fine. I'm not sure if everyone can hear me, but yeah, my name is Alex. Coming on here representing keychain. So nice to be with everyone today. Perfect. Yes. Okay, I'm glad. There was a update that they put out into the app store today that unfortunately was affecting some people who did not download it where they were having trouble hearing. But it sounds like we are all good to go here.

Introduction to Keychain's Services

So, Alex, let's kick it right off just from the top. I have a very familiar finance audience. Right? They know finance, they know crypto. I think what you guys are doing is going to fit right into this. Can you give kind of like a high level elevator pitch overview on what you guys do? Yeah. So we're using the blockchain, right. We are our own layer one app chain here for tokenization of real world assets, really building out financial infrastructure and emerging markets, but more so than just like, you know, I'd say pumping different, you know, meme coins or really deep kind of web three tech. We're really mainstream in our general focus within emerging markets. My background is actually in private equity. Same with my co founder, former investment banker, originally from Boston, but colombian roots, and have been living now in Bogota in Colombia for almost ten years.

Keychain's Journey and Market Experience

We actually did a spin off of a fund, built a web two company which did pharmaceutical dropshipping in eight countries in LATam. But in 2018, something really interested happening, which was a lot of our clients started paying us just in stablecoin and USDT, USDC as an option for tons of cross border payments for these patient networks that were. We were monitoring. But during that time, we realized the infrastructure was pretty brutal. I mean, you could. It was. It was great because, you know, no one else was really market making like LATAM fiat against stablecoin, so you could arbitrage, you know, one, 2%. Right. Six. Six years ago. And that's what we started doing. We first started market making and we built an OTC desk.

Emerging Trends and User Demand

But then another trend really started to appear. And that's really the overwhelming appetite from individual citizens in Colombia or Argentina or really anywhere in LATAM, especially the countries that are experiencing very high inflation, to have access to just tokenized dollars with basic yield. Since then, a lot of really cool things we've been seeing. Tokenizing. I know were just talking about Tesla or a pretty good panel there, a couple, you know, the last hour, but. Right. Tokenizing Tesla stock. So now users can have that abroad. So it's a really strong, like, theme that we're building on. You know, we run, you know, the layer one blockchain and we also run like a wallet type of exchange for RWA assets at the application layer. But yeah, that's essentially, you know, how we got into working in this space and what a lot of the trends we're seeing right now locally.

Crypto Market Observations and Future Outlook

Yeah, definitely the markets have been really interesting as well. Just curious, before we dive too much more into the specifics, what's your general thoughts on how crypto markets have been progressing, which, of course are international markets, which fits in very well with what you guys are doing and with watching them going and the cycle that we're in, how that factors into what you guys are doing and how you continue to build. Yeah, I think the progression has been there. And like, you know, crypto, generally speaking, moves in a four year old cycle. Right. So even though, you know, there's not a ton of liquidity in the market right now, that's also pretty common among tribe markets around August. Right. Like everyone's on vacation and so forth.

Market Dynamics and Economic Conditions

You know, I think we're all kind of waiting more of a strong run to happen over the next twelve months. So if history does repeat itself, we can start seeing that among you in October, November. And again, a lot of like, you know, I think politics will play a role. How we're looking at, you know, what's the Fed going to do with interest rates if that's going to be lowered? Last bull market, because of COVID they were lowered quite early when Trump was in office. So there's a lot of, like, smaller factors to take into consideration. But we're generally speaking, really long on the asset class. I mean, it's really been growing astonishing. I think a lot of people don't realize, but it's, you know, growing probably.

Blockchain's Impact on Local Economies

But I think about twice as fast as the Internet was during this phase of its infancy. And it's really changing the way a lot of, like, economies work within our local economies work within this like, kind of taker model, you know, and really allows users to communicate more efficiently, especially when the use case in emerging markets is a lot more direct. You know, try five. Works pretty well in the US or Europe. You know, not, that's not really the case in places like Colombia or Argentina. Okay. Yeah, I appreciate that. It's just good to hear, always how people are approaching it with these ever changing markets and how they're continuing to go your account.

Cross-Border Payment Solutions and Inflation

By the way, I did drop you a co host. I'm not sure if it came through. I'll redrop it again, but you'll want to just go ahead and grab that. It should show up on your screen. If it doesn't, let me know. Okay, cool. Looks like you got it. Just got it. Okay, cool. Cool. Sometimes I don't know why, but I send it right away, but it just doesn't show up on people's screen. So I appreciate you letting me know there. Okay. Yeah, it takes a little bit sometimes. Yeah, it's classic x. All right, well, let's talk about the essence here of any great company, which is the problems that you're solving, right. Not just creating a company for the sake of it, but finding problems and providing solutions.

Identifying and Solving Critical Issues

So what are the specific problems here that you are solving in the region? Yeah. So some of the first problems were solving back in 2019 when we really got it in more actively into the space, were the cross-border payment. Right? Like that remittance model and then the inflation model. So to be a little bit more specific, like, you know, when were at the web two company, which was called BioSmart, importation of raw materials, exportation of final goods, you know, that was like a. It's a pretty big theme in users and tradfi is, you know, really slow and costly when it comes to kind of managing these payments.

Challenges with Traditional Financial Transactions

So just to give you an example, like, you know, often, you know, not always, but often a lot of, like, international transfers from clients would be caught up in the bank two or three days, you know, different swings. Like, would, you know, essentially change the conversion rate by up to 1% because the pesos, you know, relatively volatile against the dollar. Some weeks, you know, when you. You're trying to send transfers, total cost can be around 1.5% or more. So these are like just a lot of the, like, the most earliest use cases that I think blockchain was solving for and particularly on, you know, the, like, individual remittance side, when.

Transforming Cross-Border Transactions

When you're sending $10,000, the cost might not be that bad, but when you're sending 200 or 300 to 500, you know, the cost can be upwards of 8910 percent. What blockchain is doing is completely democratizing that type of cross-border payment and really getting cost down to under 1%. Right. If you want to like make like transfer it into colombian peso or if you want to keep it in a wallet and spend directly from there, it's quite massive. So, you know, what kind of emerged as this, like, basic kind of consumer use case has really grown into something much bigger on the import export tokenization real world asset side.

Accessing Dollar-Based Accounts

And now, like, users have the advantage, right? Like, whether there are small or medium sized enterprises or individual users, you know, creating and running, managing dollar based accounts is actually really expensive because you have to go to Panama, you have to go to the US or any country, right, that supports that. And those structures are really costly to maintain, you know, whereas when you start to bring this like invoice processing on the blockchain, right, all these accounts are zero fixed fees. So again, it's really playing in like the inflation model, giving users the availability to have access to dollars, right, that haven't been like continually devaluing over the past ten years, as well as, you know, giving them a platform to engage with these assets internationally and play suppliers.

Sharon Challenges and Future Opportunities

Appreciate that answer. I see we got a hand up from crypto sensei. What's going on, man? Aloha. Good morning, everyone. Hey. So this is a really, you know, unique idea. I know there's a lot of players in the space trying to achieve something very similar to what you're doing. So I'm curious to know, you know, how, you know, how much market share are you guys able to capture and, you know, how, who is your average client, right? Are these people that are just trying to, you know, transfer money into a more stable asset because maybe their flag, their asset in their country fluctuates a lot and they want to just feel a little bit more comfortable in what they can save or these more like, bigger institutional players that you're helping to do all of this stuff.

Understanding Keychain's Clientele

I'd love to just kind of better understand that. Yeah, thanks for the question. And I think it changes depending on what market you're in, right? So, like, LATAM functions a little bit differently than Africa or maybe Southeast Asia, but there are definitely similarities. So, for instance, in Colombia, when we see the flows, they're normally mostly like sell side USDT or USDC to be converted into peso. The main use there are like remittances or exportations, tons of suppliers. It's. It's very similar to Mexico as well. We're seeing lots of, you know, transactions kind of come on chain and then be held within dollars, particularly if they need to be repaid to suppliers in China or elsewhere.

Transaction Volumes and User Behavior

Right? So they don't have to have these, like, double conversions. So we're seeing like, a pretty sizable demand right now in Colombia. Volumes around like a million a day and just within, like, our b two b type clientele. And again, a lot of it is coming out, like, a lot of traction that we're getting is web two, some web three users like OTC traders who kind of manage their own book of clients, like Argentina. And obviously in places like Venezuela, you're seeing tons of inflows come in. Right. So because inflation last December, I'm actually here in Buenos Aires right now, normally call Bogota home, but I think inflation was about 25% last December to roll off the year, I think over the year as well, over 100%.

User Adaptations Amid Inflations

But users are constantly abandoning their local currency here and coming into dollars, saving in dollars in digital wallets, and then they'll have a debit card linked to that wallet and they'll spend as they go. So those are the two big models that we're seeing right now, that cross border type of remittance transaction or that onboarding. We need to buy dollars. We need to start saving in USDA, you know, T, USDC get, you know, very safe, but, you know, modest yield up to 5% and really have, like, some. A safe haven for our wealth.

Smooth Transition for Users

No, I love that. And I was just curious, you know, since you are in, you know, Columbia, Tom, and some of these other places that, you know, a lot of people may not understand, you know, what is the conversations been like moving over to, you know, stable coins from, you know, actual hard currency? Is that an. Is it an easy transition, an easy conversation? Or is it taking more of, you know, I don't want to say more convincing, but, you know, how are people reacting to this global change into, you know, web three and digital assets?

Learning Curves and Market Motivations

Yeah, it's not necessarily, like, an easy conversation. I want to classify it as that because there's definitely still a steep learning curve when it comes to, like, especially in the Defi side, when you have to, like, manage your own keys and all of that. But when your problems are on a daily basis, it's a lot of motivation to learn something new, whereas the financial traffic, the US, it works pretty well. Sure, we might have a transfer bounce every now and then, or we get a little annoyed with our banks when there's a crash and they're not dispatching our wire transfers on time. But outside of those issues, we're really not bothered here too much.

Motivations Behind Digital Currency Adoption

But when you're in Argentina and you're getting nailed on inflation and you can't take out cash from banks and you have to go and find physical exchange stores and you're motivated a lot more to start looking at alternative solutions. And that's what we've seen. So the adoption has been really steep. We're actually seeing a lot more commerce, places of commerce like restaurants and whatnot, starting to accept stablecoin as a form of payment, which is usually a pretty big sign for, for user adoption. Right. But, yeah, so it's not, it's not easy, but it's also, you know, the necessities there.

Educational Tools and Support Framework

I know. That's incredible, man. And I think, you know, this is a huge need globally, especially in places where currencies fluctuate, you know, really high or really, I mean, it's not very stable. Right. And so I think what you guys are doing is providing a good service. When you say the educational part, are, you know, does your team and platform have that educational, you know, area where, you know, when you meet and greet a customer and they say, oh, you know, I have to go out and learn this stuff? And you can say, hey, here's our marketplace for learning, and you can, you know, we get access to that, or is that something that you guys are thinking of building or where do you send these people to learn?

Resources and Onboarding Processes

Yeah, like, we have our own returnal resources, right? So docs page, you know, YouTube videos, tutorials, right, where we can really, like, you know, bring them on. But we're really focused on, like, the b two B segment side of things when, like, we looked at, like, just remittances alone in Latam, it's about 150 billion. I think Mexico takes down close to half of that. And then you have other territories like Colombia and Guatemala and whatnot, which, you know, are pretty, it's pretty impressive, the volumes that, you know, are coming back via remittances.

Navigating the B2B Market

But, you know, like, on the business, on the b two B side, it's more of like, you know, our BD teams can kind of walk users through how to use our platform. So there's a combination between just like, general support and information you need to put out there versus, like, you know, kind of holding their hand and walking them through the first couple of transactions. So, yeah, we try to be like, as kind of proactive or forward thinking as we can with this type of onboarding kind of customization.

Engagement and Contact Methods

I love that. And just, you know, I'll ask one more question. I don't want to hog all the time here. But if there's somebody out in the audience, you know, or listening to the recording that is interested in maybe getting some more information for your services, what is the best way for people to start contacting you? Is that just messaging you guys on Twitter? Is that going to your website and filling out some type of form where your team communicates? Maybe that could be really helpful for people to understand how they can get help from you guys.

Keychain's Contact Information

Yeah. The website's always a good place. Right? Like keychain Kiichain IO. Right? Like it'll show all of the apps that we run, the biggest one is key x. So Ki X IO. But we're really active in x here. We're like really active in discord. All of our website will show all of our socials. So our team is super active there. Really appreciate you. Yeah, I'll throw it over to wolves. Thanks, Rolf. Yeah. Thank you. Lady Trader. I see your hand up.

Community Engagement Questions

Hey, thank you so much. So, yeah, I actually have a ton of questions that I wanted to get into. I am a key opinion leader and my community actually invests quite a bit in early stage projects. So a lot of my questions will be kind of questions that normally my community would ask. So obviously we want to learn about the project, the tokenomics, the utilities, all of those things. But the first thing I want to start with is really, I know that you are focusing on latin american region.

Concerns About Regional Focus

A lot of people, really not a lot, but at least some people in the community always bring up a concern that whenever a project is targeting a certain region, they are sort of limiting themselves right to that one particular region. So how do you address that? And then also, do you actually have plans on expanding it beyond that? Or is it just, you know, that you want to focus one particular region? For now. Yeah, it's a really good question. You know, we're very focused on LATAM because the majority of our team are here, but we're really just like the.

Settling Beyond LATAM

The settlement layer for emerging markets. So beyond the LATAM, very currently building and very keen to be expanding more in Africa as well as Southeast Asia. But even though we're focused on the region and the use cases, it actually applies tons of companies in the US and Europe who want to enter in or local assets that want to be tokenized to seek more liquidity abroad. Our user base is actually rather international and we have tons of attention from different companies who are either tokenizing traditional financial products.

Expanding Market Access

So like ETF's or stocks or us real estate or any type of reits. Potentially, right. Any type of like dollar denominated, potentially creative or yield bearing asset can sell pretty well in like emerging markets because a lot of these users just don't have access to it. You need to be ultra wealthy and have kind of custom like white glove broker dealer service and set up accounts in the US. And the majority of Latinos or people in emerging markets just can't afford to pay that, although they can afford to maybe throw like $100 at an ETF or Tesla stock and save in that manner as we do here locally.

Building Partnerships for Growth

So yeah, tons of like platforms and companies building lend borrow protocols, right? Who want to have access to maybe higher yields or yield farming within LATAM or offer these type of better yields when you lock up your USDT or USDC. So working with them as well. So there's a lot of like companies who want access to the region. They just don't know really where to get it. And then locally, I mean tons of assets that want to be tokenized, tons of commodities actively producing commodities, projects like coffee farms who want tokenize the coffee actually coming off of their farm, put them in an NFT, that NFT is priced in stablecoin and then that purchase is transacted on chain for the benefits that we discussed earlier.

Tokenization and Asset Management

So there's like right now we have over 6 billion in assets in our testnet tokenized from local projects and a lot of them deal with this same general issue. And sometimes they ideally want to be connected to the US or to Europe or elsewhere, but sometimes they have just Bayernetworks across five or six countries in LATAM. All of those fiats are really struggling and it's just such a financial pain to be managed within that. So yeah, we have our niche, I'd say within the market but we're very open to and kind of are trying to serve more of the greater global population.

Layer One Testnet and Project Traction

That's great. Thank you so much. The next question which you did answer a little bit of that actually already. I want to learn a little bit more about what's going on with your layer one testnet. What kind of numbers you can share with us. You said 600 billion. Is that like on your blockchain alone? Can you tell us a little bit more about that? Yeah, sorry, 6 billion? 6 billion. I don't know if I misspoke earlier, but over 6 billion in assets tokenized on our testnet.

Smart Contracts and Future Development

So yeah, like we, you know, over I think about 150 smart contracts coming up on chain. So you know we haven't released like our full ecosystem yet, but you know, tons of projects building. It's all available to see in our Explorer, which is app. If you put it up, you can see all the transactions, all organic, coming up on the use. And we're just getting ready probably in the next month or so to really release our incentivized version of Testnet, which includes an airdrop and tons of on game gamified features that users can interact with before we go into mainnet.

Infrastructure and Future Expansions

That's great. I was like, yeah, 6 billion. That definitely sounds much better. Okay, and so what about the different categories that you have? Are you able to kind of determine who are the folks who are using, like, what kind of projects are utilizing the chain mostly, is that mostly RWA or is it, you know, other blockchains or, I'm sorry, other categories of blockchain? What are you seeing there? Yeah, so mostly it's our very RWA focused, right, because we're essentially an RWA layer app chain, and we can bridge to over 150 networks.

Bridging Networks for Enhanced Accessibility

So within this like RWA module, which users can kind of tokenize through, you know, ERC or CW tokens, create a standardization from that. Do any KYC, Ky beyond on chain, like approve the asset, make sure it's real. We can kind of go and do our diligence and do our Ky CkyB manually too, for bigger projects. Once that gets ready, can actually bridge through IBC Axelar others to over network. So if someone wants to use our chain anywhere in the world to launch and tokenize their real world asset, they can then bridge to over 150 different ecosystems, including Ethereum and some of the big monolithic ones.

International Demand and Potential for Tokenization

Again, that's really just playing on this global demand that we're the best place tokenize a real world asset. But that's mostly what we're seeing. And then within that, there's tons of anything stablecoin powered, any lend borrow that has yield. Just playing on these models that are very popular within emerging markets.

Discussion on On and Off Ramps

I'd love for you to go a little bit more into those on and off ramps, because that's one of the biggest problems that we're having. Like, for me, even though we are located in Jamaica, it's easy for me because I have links and connections in the states, but a lot of people are having a lot of trouble getting into crypto and web three for that simple fact. Like, the on and off ramps are just not very user friendly and or accessible to the Caribbean and Latin America. So I'd love to hear more about that.

Challenges in On and Off Ramps

Yeah, I mean, on and off ramps are like the. The life of, really, I think, ten of users coming in and out of the system, but there's two. There's a couple different hurdles, right? And, like, we've studied this a lot because, you know, we're. We're really, you know, pro p two p type marketplaces. But the issue with p two p is they don't really, like, can facilitate a lot of b two b transactions, because, you know, they usually, like the. You're on an off ramp. It's only as good as the liquidity that is, you know, that is able to be posted to that, and then the capacity for that banking, like those rails. So a lot of, like, p two p type of, like, market making that goes down as individuals that will just say, hey, I'll cover that. Like, $2,000 transaction or $1,000 transaction, right. And then you can kind of like naturally cross the order book and it's quite efficient.

Liquidity and Banking Rails

So we try to work. We have a couple of really good p, two p providers we can like integrate in our system to kind of just help folks give that spread. But you really need to like set up appropriate corporate banking rails there with like considerable volumes and understand whatever the flows are and then have like really good KyB and KYC processes so those flows and those rails don't go down. So it's like really hard to do in places like Colombia and Argentina, right, where you have really kind of over sided flow. But we're getting a lot better at it and we're able to really just maintain these rails to do, you know, a few million dollars a day without really that much of an issue.

Establishing Payments System

But in order to really consistently run these payments, ten, $20,000 a day, $30,000 a day, or anything over than like that, whatever that inflation adjusted ten k mark it is in the US, you need to have really good reporting standards and create good relationships with banks. And then we integrate really all the market makers that we can who help us put up more liquidity. And then we run about. We used to run up to close to a million dollars of our own balance sheet of making markets in selected territories as well.

Operational Challenges Locally

Okay, it's very interesting conversation. I'll probably continue off the stage. I just love to know what someone would need to do to set up or help to be like an on the ground partner with this, like have these on and off rams to set up. Because again, locally that's just a huge thing. And just for example, if one store wants to get a POS system, you know, their new cash registers or whatever, I. That's going to be like $10,000 in jamaican dollars. That's 1.6 million if you buy from the bank. And then if there is that fee of 20%, I mean, that's a massive hit. So there's a good opportunity to work with caribbean businesses as well with Latin America.

Explore Collaborations

And I would just love to know, again, I don't want to take up all the time to figure out what needs to be set up on the ground to have that happen because b two B is definitely the way to go. As far as you know, there's so many, quote unquote small businesses that would easily do a 1015 $20,000 transaction because they have to send these us dollars internationally. And if you're using the local banks, it's just not feasible to do it. So, yeah, very interesting.

Understanding Local Market Dynamics

Yeah, we can take a look. Like, let's definitely connect after this. You know, normally we would just do like a study and see if our current rails could support this. And then a lot of times we just, you know, either look to, you know, set up accounts locally, you know, and because, like, again, when if you're, you know, understanding the flows and if you're like, if we're just doing wire transfers of like, you know, $200, $500, it can be super costly. But a lot of times, like, users will negotiate with banks.

Future Scope of Collaboration

We can, you know, take a look at, you know, what we can actually keep in reserves there or maintaining even like, dollar accounts if they exist. And then, you know, what we can market make against that. So it really just, you know, depends. I guess I'm like, the outcomes of the study, understanding flows. But, you know, surely there's a really good way to do it where we can lower costs, right? That's what we've done in other markets where we have presence.

Community Engagement Strategy

And it just comes down to really understanding and also having locals on the ground here who, you know, that cultural assimilation is super important. Right? But yeah, caribbean islands, huge market. Like, like, I've spoken to other individuals that have Cayman, right, or Bermuda, they're seeing tons of flows in and out. So, you know, really, you know, long on these type of territories, like even our old, what, like our old web two company, we sell the same thing.

Developing Market Relations

Like a lot of like, you know, pharmaceutical manufacturers or suppliers, right? Like dropshippers weren't really paying attention to, you know, Guatemala or Honduras or these other regions and I. And they're really just local, like bigger than you think. Really awesome, interesting markets with a huge use case and a big necessity and problems to be solved. Great questions.

Team Background

Air tropic. I was wondering, Alex, if you go a little deeper into the team behind keychain. Yeah, for sure. So I'm a co founder with Daniel Arenas. So we met like Danny and I 14 years ago. No, 15 years ago, actually, 2009, in school in Boston. Daniel grew up in Columbia and the US. We met in the athletic center. I played soccer, he played baseball, but we both worked together for growth capital private equity fund called Boston Bogota Capital Management.

Professional Journey

Daniel also moved back to Colombia, to Bogota after school and did investment banking for a bank called DMO Consortores. So we did tons of transactions in energy and health tech and a little bit of biotech. But we ended up in 2014, 2015, doing a spin off of one of the funds that was a company called Biosmarts. We essentially, we tried shopping around this one technology and kind of looking, you know, or like doing an off the fund deal with LP's, but nobody really wanted to buy the technology, so we did.

From Spin-off to Growth

And we started ourselves in our more naive years, you know, when we wanted to just kind of take a chance. So I moved down to Bogota full time with Daniel. We, we grew BioSmart together into eight countries. We manufactured eleven skus. So this the lab, we had a fully, like GMphden approved lab in Bogota and distributed those products. And then we did a roll up. We acquired some pharmaceutical dropshippers and grew that operation into a country.

Client Base and Funding Shift

So some of our biggest clients were like Boomi and like Madison and some really big global insurance providers. And then that's when we started to really, you know, we had been following just digital assets early on, but that's when we really started to build more actively when our consumers started paying us, but apart from us. Really great team we're working on.

Team Composition

Some of our developers come from layer Zero and Zeta chain. One of our founding devs was the head dev at Bluezell blockchain that launched early on in 2019. Then we have really awesome marketing and just full stack team, three full stack devs in the Philippines and the rest in LATam. So yeah, really about 20 of us right now. Team size and having a lot of fun working every day.

Community Building Initiatives

That's awesome. Sounds like a winning combination there with the people that you've put together. One of the things that I know Lee Trader and sensei myself and others focus on is growth of a community. Right? Ensuring consistent growth within the community. It's so important not just, you know, adopt others communities but to continue to bolster your own. What's your plans there for engaging the community?

Community Engagement Focus

Building it, keeping them engaged over time as you roll out products, as roll out new features. Right. How do you build that internally versus just relying on other people's communities? Yeah, we're focused really on building out products because of the community, not kind of like vice versa. Right. So we're actually really like encourage our community to be really interactive with what they need.

Local Events and Hackathons

You know, we throw lots of like, smaller events locally. So instead of just like sponsoring all these huge events like token and, you know, consensus or whatnot, like, we're actually really more keen to be throwing like local meetup events in each market. We just did one last week here in Buenos Aires, about 100 people. We did one a couple weeks ago in Medellin, about 250 people where we just, you know, we have some educational panels and all of that, but we really just bring in like our entire team, you know, our devs to it, to our trading team to, you know, me and Daniel are always there and, you know, we just want to learn more about, you know, a lot of what like locals want to build what they are, what they think will work, you know, what they're doing now, understanding that so we can actually build more, you know, have a focus on what's real.

Hackathon and Incentives

But, you know, outside of that, we're of course, like getting ready for a fun stuff. So one thing we're doing right now is we have, we're running a Hackathon for the next four weeks. We've been, we launched it about four weeks ago on door hacks. So big Hackathon, three different tracks, about $115,000 in prize pools between, you know, stablecoin and Local and, you know, native token. And we're getting ready for just really launching the next big thing which is incentivized Testnet.

Testnet Engagement

So we're running it right now. Like, you know, our testnet, it's open. So anyone can kind of come on and start using our products on chain and start building. But we're going to, you know, put in a series of airdrops that will continue through mainnet to help further and like strengthen our community. But yeah, it's, you know, we're like, you know, come follow us on Twitter or start chatting in discord.

Future Plans and Community Interaction

We definitely want to hear from you and get to know what you're up to. Thank you. Yeah, lady Trader. Hey, thank you. So I have a couple of other follow up questions and these are about your launch strategy. So you guys have already done some fundraising. Can you tell us a little bit about the FDV that you have raised funds with and then also the current rounds and what's the valuation on that?

Funding Overview

Yeah, so FTV, we self funded to get started. We did it FTV at 90 million and that's our rounds right now. And then, you know, launch plans looking, you know, ideally to going main in September, you know, October depending on the market, and then getting a launch out by the end of the year. So we're still pretty confident that past bull markets won't deviate too far from the mean when it comes to this one.

Investor Concerns

Thank you. So for the FTV, don't, obviously this is a blockchain as well. That we are talking about here. But a lot of people have concerns about the IFDV, right. A lot of investors are looking for opportunities that are like under 50 m in value. Do you have anything that you can add to address that concern? Well, our rounds were done with equity and with token.

Strategic Rounds

Right. So you're getting like equity into the holding which runs all of our assets. And those assets are cash flow producing and you know, we have current main net volume, so there is a little bit more value there. Also, like with RFDV, a lot of projects might like sell. If you look at some of the bigger ones, even they sell off 20% to 40% to pre sell and their total supply to investors.

Market Positioning Strategy

And I think that actually hasn't worked recently because you just get so much downside pressure. And the same for large public token sales. I think we saw a couple off coin lists that raised 1020 million. And again, you get this really intensive downside pressure, whereas like a lot of our investors backing us right now are really thinking over the next like eight years of us really like securing our target market, our use case, really no one else is focusing on what we're focusing on and thinking on like the longevity of the project.

Supply Management

So like in our presale we only sold about 3% of total supply. And, you know, in this round it's going to be like, Max supply being sold is only up to 10%. So there's going to be really low down sell side pressure when we get to the market. And we're only bringing on a certain amount of validators, we're controlling our inflation.

Launch Timeline

So it's really organically positioned to do quite well over the next one to eight years. And then when are you planning on launch the token? The goal is by the end of the year. So that's when we're planning. Right. We were investors in tons of big projects in the 2020 cycle and we saw the ones that kind of got out and had good terms and were able to kind of unwind their position.

Investment Strategy and Lock-Up Periods

So instead of like really long lockups, you know, like twelve months or, you know, 18 months where you just have this like, and then you have 100% unlock, right. We have like, you know, in the public sale, there won't be a lockup at all, there will be no cliff. And then the, you know, the release is usually daily put into a smart contract, right.

Responsible Market Approach

Those rewards get released, you know, over the course of, you know, twelve months or so. So that's what the terms are looking like right now. And it's just a much more responsible way to like go to market. That is, that's absolutely phenomenal. And then what about, like where you will be launching? Is that going to be a Dex only?

Exchange Collaborations

Are you working with any major centralized exchanges, anything that you can share, any alpha there? Yeah, working with major centralized exchanges. So we're in conversations with them now, but hopefully have some juicy news in the next, you know, 60 days for you. That's amazing. And what about launchpads?

Launchpad Strategies

Like, have you secured any major launch pads yet? We've secured a couple, yeah. You know, so we're constantly talking. You know, our general philosophy is like, again, not doing some massive, huge race because a lot of times those users just want to like dump right away, but rather working with two to three, doing much more responsible, smaller raises and really getting more of a community built rather than just like bringing funds in the door.

Navigating Market Cycles

That's amazing. And you guys have been in the markets for a while, so you have seen also what happened, like during the bear markets and everything. How did you kind of keep up with making sure that you're developing and delivering your product right and not lethemena the whole market situation impact you in any way and also any lessons that you can share with us from the bear markets?

Trends Observed in Market Cycles

Yeah, I'd say when we go into bull markets right now, you see these trends like RWA deep and you see AI, these are all super sexy trends. I'd say when bear markets come, it's not about being sexy, it's about being real. And so you have to think like that even through bull markets.

Core Use Case Focus

And so, like, while everyone wasn't investing in, like, you know, right now they're, oh, we don't want to do payment apps or we don't want to do trading apps. It's like, these are still some of the biggest use cases. And if you're like, solving problems at the core, not just trying to like, pump, you know, Trump or Biden, meme coin, like we've been, you know, and I love meme coins and everything, they're all fun, but it's like when you're actually really trying to solve real problems and, you know, build, you know, our trading business is what kept us alive through the bear market.

Strategic Focus During Bear Markets

You know, were growing while their projects were suffering because, you know, everyone was just not really focused on like, oh, what's new? What's going to emerge. Let's place bets on what's trending. Rather, let's like, focus on, you know, what's real and let's use tether and let's implement these technologies for cross border stuff for this or that.

Utilizing Market Conditions

So you know we did quite well during this last bear market when were, and we took the opportunity to just you know, fly more under the, that weather and radar and build. So yeah that's like my biggest thing is you know, you can't think like you know, even though you need to be present about what's, you know, happening now and over the next, you know, twelve months and what will happen during this next bull run if it does come, you need to really be thinking like you know, sustainable growth over the next eight to twelve years.

Partnerships and User Adoption

That's phenomenal. What about like whenever we have l one s that are partnering with projects with grants and grants funding and then also co marketing and all of those things. It usually does drive a lot of user adoption. Right. Do you have anything like that, any grant programs or anything for projects that are willing to build on keychain?

Grant Programs and Support

Yeah we do. We have tons of grant programs. So it's like almost like an incubator in a way, but yeah like financial support through token allocation as well as you know tons of time with dev support or you know strategies of our fundraising support intros, all that good stuff you know and then mainly just like more than just like that because you can find that in a lot of places but really understanding like market support here locally.

Local Market Support

So it's like you are, you know, you are you know tokenizing financial products and you want to distribute that in you know, latam really actually helping your business work locally rather than just like you know. Oh yeah, I'll introduce you to like a couple VC's. Right? That's phenomenal. Those are all the questions I had for today.

Concluding Thoughts

You guys have a great project. I'll definitely be keeping an eye on it because we are pretty heavily diversified in my community. We love AI, we love gaming, we love all of the good projects and of course l one s and you know projects that are building in certain regions, if we can see an opportunity there that's always a plus. So thank you so much for all the great answers.

Continued Collaboration

No thank you. Some great questions. So looking forward to continue chatting and just watch us grow and continue to move forward over these next months. Really good question and answer there from Lady Trader as well as Alex.

Wrapping Up the Discussion

We are going to run for a little bit over ten more minutes. If you're in the audience and you have any questions you can feel free to shoot them over directly to my DM's. My DM's are wide open and I'm happy to take them and integrate them into the conversation here. Of course, as you're going throughout, make sure following the speakers on stage, if you go into Keychain's profile, you'll see a lot more information that will help to fill out any pieces that you're missing here.

Engagement and Closing Remarks

I did just pin a couple of things also to the top of the space. They should show up there relatively shortly for more people to kind of see some of the behind the scenes of what's happening with keychain and other items along those lines. Another question just coming from my end is around challenges. We've talked about a lot of the plans and things that you'll be working on. I'm curious, what do you think the biggest challenges are going to be that you expect to face as you continue to build out here, how you plan to overcome them?

Identifying Challenges

Yeah, a lot of our, like, the main challenges that we're focused on are just, you know, local, big, kind of b, two b partnerships, right. Kind of how we can operate among, you know, five, six, seven different countries. And then, you know, each, like, kind of set of specific pain points might, you know, change a little bit. Right. So understanding how we can just, like, adjust the business to really, like, you know, address maybe that localized market and then create community within that local market.

Adapting to Local Needs

So it's like, you know, that's like, one thing that we spend a lot of time, I thinking about. The good news is that, like, at the core of the problems are kind of just like the same, whether it's, you know, inflation across border b, two b or remittance, it's just like the operatives within, you know, or the specifics within each country can change a little bit.

User-Centric Approach

Right. So we're thinking about it a lot in that sense, and then just, you know, making sure that, like, you know, what we're doing to the user. So, like, blockchain, obviously is something very new, but what we're actually building can be understood very, you know, very easily. Right. So, like, you know, this is kind of what we're solving.

Blockchain as a Solution

We're using blockchain to solve it and it's here to stay. Right. Because it's like addressing a real need. And so, you know, that's what, like, a lot of our time gets taken into consideration with, you know, and. And just, like, again, like, you know, because tradfi is so expensive and it's something like tropic was talking about in Jamaica.

Challenges with Traditional Finance

Right. Like, it's really difficult there and it's also highly centralized. It's the same thing in Colombia. You know, there's like with, you know, when you control these FX rates, right? It's controlled through one counterparty. They're giving you the FX rate from the day before. You know, it's like, you can't really build on top of that.

Need for Innovative Frameworks

That's not something you can innovate, right? Like just through chat fi. Like when you can't do that with just like, a fintech app. Like, you really do need, you know, distributed ledger technology. You need blockchain to really start innovating at the core and really be a part of, like, a different financial market.

Integration into Society

So we're constantly just looking at just like, how we can just integrate more into society and just constantly looking at consumer trends.

Analyzing Consumer Behavior

What do you think is the best way to analyze consumer trends? What type of data are you looking at there? We're looking at exactly like, you know, on the purchasing side, right? So consumer purchasing, we're looking at, like, what users are doing with their money, with financial flows.

Monitoring Financial Apps

So we're seeing, like, what apps, you know, are they really using within tradfi, what the migration has been like. Another issue that we're kind of identifying is that a lot of the great fintech apps that come out in places like Columbia, right, that are very, like venmo or like zelle type related, you know, zero fixed cost transfers, they do a pretty good job, like, rolling up consumers quickly.

Impact of Institutional Involvement

And then, you know, they'll either most likely get acquired by a bank, in which case when that, like, larger financial institution acquires them, they'll start charging those fixed costs again and you kind of see them scattered. So, like, we're looking at just what type of flows are happening, right, what apps they're using and really just like, trying to predict what happens next.

Market Movement and Demand

So that's really why we're in the RWa space, because we just saw such a sharp uptick in usage on chain. We looked at transactional volumes happening. We looked at the amount of wallets populating in Colombia. You know, we looked at the type of flows. It's about 2 billion a month right now in, on chain flows within Columbia by itself.

Business Insights

And we looked just at the appetite for businesses and for users. So when we see, like, you know, the biggest bank in Colombia launching their own, like, centralized exchange app, right, you're starting to see that more, there's more appetite. And users now are kind of identify, looking at bitcoin, they're looking at Ethereum, they're looking at these assets in a different way.

Changing Perceptions

Certainly people in the way that they're viewing these things has been rapidly changing. And so it sounds like you're looking at some good data sets to get through that. We got Kayla up on stage. Kayla, you're probably still in catch up mode here.

Appreciation for Global Focus

I know you had a meeting running long there jumping in, but I appreciate you joining up and if at any point you do have any thoughts or questions, feel free to raise your hand and I'll come right over to you. We've been having some really good ones here from Lady Trader and Sensei and just like I knew she would.

Regional Insights

Hands already up. What's going on, Kayla? Yeah, for one, love that you guys are focusing on a different region. It's nice to see that there's more of a global initiative here. I think that the mistake a lot of teams make is they think because you can market and get maybe investors in the us market that's where you'll get the most adoption.

Market Adoption Strategies

So I'm really curious if you think if this, if being international is a play on for adoption and if you think that, you know, it's easier to get adoption overseas because I have heard that from projects that work overseas that it's people are looking for these tools overseas so they're more likely to adopt them. I'm curious if you have seen that with your project so far.

Adoption in International Markets

Yeah, we have. You know, I mean, like, I think at the core if like you, the bigger, more painful problems you can solve, the better your adoption is going to be. Right. And like, I think it just for users down here, it's just way more real.

Personal Experience with Inflation

You know, I wasn't, I'm currently in Buenos Aires, in Argentina right now. I was here visiting for an event last November. You know, so like the coffee last November was about like a thousand pesos. It's at about six, 5000 pesos right now. So we've had crazy inflation.

Market Responses

So, you know, when, you know, just out to lunch with just like an event planner just, you know, that we use to, last time were here for a local event, just kind of catching up on things and he told me inflation and I was doing research was like 25% one month. So when you like, when these are your problems, you're able to like, you know, you're much more motivated to adopt new technologies and new solutions rather quickly.

Market Opportunities

So it's really just like finding the markets that are struggling the most, that have the largest, most painful problems and then trying to adapt for them. And because we're here locally and, you know, our team is too, we can do it a lot better than, I think, others trying to kind of enter in without understanding, like, cultural significance.

Observations of Cardano Initiatives

Yeah. And, you know, just side note, Cardano has, like, a huge initiative where that's, like, when I was working with them in like, 2022, that was their main thing, was like, global adoption, building tech overseas, specifically in South America.

Target Markets for Expansion

So, like, really well positioned, in my opinion. And that leads me to my other question, which is, what markets are you breaking into? Like, where are the underserved markets that we should be looking into?

Focus on Latin America

Yeah, so, like, we have a particular focus on Latin America, even though amazing things are happening in Africa right now. And we're, like, working with teams and running partnerships for those markets. But locally, I mean, like, you know, Argentina, Venezuela, fantastic markets for blockchain.

Economic Dynamics in Venezuela

I mean, Venezuela has essentially abandoned their local currency years ago. And really the economy is, like, essentially dollarized now. A lot of the movements go between Zelle networks and then, or Zelle and venmo type apps in the US, believe it or not. And when were working our web two company, we saw that since 2017, 2018, right.

Historical Payment Practices

The majority of, like, those patient networks in Venezuela were actually paying us through us bank accounts or via on chain with crypto. So we're seeing, like, you know, when these, like, local big companies, packaging companies are selling in places like Venezuela that cash or cash based transactions locally there, either whether it's USD cash based in the market or it's local currency, are being wrapped up into stablecoin and then taken across inflation.

Payment Trends in Argentina and Colombia

So in Argentina and Venezuela, you're seeing really big inflation model. Tons of on ramp in Colombia, Mexico, other countries, you're seeing more off ramp from exports and from remittances. So, like, that cross border type payment apps are, well, but all across the board.

User Interest in Financial Products

Like, you see the use cases there, right? You see appetite for, like, hey, we want to own stocks. We want to own, you know, typical financial products, right? Tokenization, real world assets is just the means. It's just the delivery mechanism for these users to have access to those products.

Understanding Market Trends

So, like, that's. That's essentially what, like, some of the bigger trends we're seeing. And, like, just the general user base, right?

SEO and Community Strategy

Yeah, I think it's smart. Like, I think the mistake people make and it's okay to do this, but it's kind of acting like they are for everybody. The people who grow the fastest, they find who they're for, they double down there, they test the market there.

Market Ascendancy

And then they bring it to new markets. So this is really smart. Yeah. And that's, you know, just being highly focused on your cause and your market. I agree. I mean, we've seen other great companies here, other local, smaller exchanges or wallets that have rolled up, you know, millions of users and they do, you know, hundreds of millions a month in volume because they've kind of identified, you know, who they're for and what they serve and they're able to just understand the culture behind it.

Final Notes

Really good questions there, Kayla, appreciate you jumping in with us. We just have a couple of minutes here left. Alex, is there anything that we haven't touched on or any calls to action that you'd like to put out here in the space while we have a few minutes?

Open Communication

No, for me, I mean, you know, really here to just answer questions and kind of just let everyone know what we're building. Right. Like, you know, we have a big hackathon at Dorahacks IO.

Encouraging Participation

You can go over there and if you're a dev, if you're a builder, feel free to reach out to us on discord and build something cool. $115,000 in rewards. You know, we have, you know, open testnet going on version two right now or going to be rolling out some really strong incentivization programs in the next couple months, but in the next couple of weeks, rather.

Community Building Framework

But yeah, just, you know, we're here just to kind of let the users know what we're building. You know, the use case. The community is real and latam and if anyone else is building anything, interest and they have more, anything interesting and they have something really, you know, cool and they would like to kind of enter into La dam.

Final Thoughts and Farewell

We're always here to help and, you know, help you in any way we can. Sorry I was muted there. Really, really good stuff. I do encourage everybody again to follow all the speakers up here.

Key Takeaways

Make sure you're checking out the keychain account as well. Ladytrader, sensei, you guys had a lot of great thoughts on this as well as tropic. And Kayla, thank you a for supporting Ladytrader. It sounds like you're really passionate on this.

Closing Remarks

Did you have any final thoughts here? Well, I mean, I'm excited every time you see an l one. I mean, it's always exciting. And I'm really happy to support you guys as well. So I'll be keeping an eye on it. And also we'll be checking out the community testnet, all of that, and all the best for your launch this year.

Engagement Continuance

Yeah, thanks. Thank you. Yeah. Looking forward to staying in touch, and thanks again for all the great questions. Awesome sense. Anything else for you?

Appreciating Insightful Discussion

No, I just really appreciate it. This is a really intriguing, and I think it's going to help out a lot of people that, you know, are suffering around the world that are holding currencies, that are just depreciating, and people are losing all of their wealth and so to having these types of on and off ramps and being able to do all this, I think it's a very powerful movement.

Impact of Blockchain Solutions

And so I really appreciate everything that you're doing. Thank you for having me and answering my questions. Yeah, thanks for the great questions. It was great getting to know everyone here and having a good, nice chat.

Day's End Reminder

Beautiful. All right, well, thank you so much, everybody. Hope you all have a great rest of your Tuesdays. Looking forward to the next chat together with all of you all.

Closing Affirmation

Have a good one, everybody. Take care. Bye.