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From YouTube: Blockchain Hub Davos 2023 | Day 3
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Hello,
hello:
this
is
your
two
minute
warning.
We
are
fast
approaching
the
official
start
of
day
three
down
here
on
the
main
stage.
So,
if
you're
still
upstairs
finishing
your
coffee,
please
do
make
sure
to
do
so
quickly.
Get
downstairs,
grab
a
seat
and
enjoy
the
program.
We'll
see
you
in
two
minutes.
A
A
A
A
Good
afternoon
and
welcome
to
day
three
of
programming
at
the
blockchain
Hub
Davos
on
behalf
of
Casper
labs
and
CV
Labs,
it's
my
great
pleasure
to
give
you
a
very
warm
welcome
for
our
last
day
here
after
two
and
a
half
very
eventful
days,
we
are
concluding
today
with
the
so-called
futurist
Forum
the
date.
The
purpose
of
today
is
really
to
take
a
look
forward
to
see
where
the
industry
overall
is
headed,
we'll
be
doing
a
couple
of
deep
dives
into
very
specific
topics
and
specifically
block
one
is
dedicated
to
building
a
more
hopeful
future.
A
B
Thank
you.
I've
got
seven
minutes
to
talk
about
a
topic
that
probably
takes
weeks
to
sort
of
grock,
so
I'm,
just
gonna
kick
right
off,
where's
my
clock.
Of
course
it's
behind
the
bright
light,
so
I
can't
see
it
so
block
blocks.
Is
my
my
personal
little
company
I
run
out
of
the
Cayman
Islands
for
obvious
reasons:
I'm
currently
also
the
executive
board
member
for
the
emerging
technology
Association,
which
is
a
Swiss
Association
that
acts
as
a
shield
for
a
Dao.
B
So
it
allows
the
Dow
to
conduct
its
operations
separate
from
The,
Real
World
and
then
interact
through
the
through
the
association
with
the
real
world.
Okay.
So
it's
a
one
way
of
doing
a
Dao,
which
is
a
decentralized
autonomous
organization.
So
that's
where
I've
spent
the
last
two
years
of
my
life
deep
in
on
that
one
and
has
given
me
an
insight
into
many
things
and
decentralization
in
this
respect
is
not
just
about
Dows
or
blockchains.
It's
about.
Thank
you.
B
This
is
one
of
these
words.
It
comes
it's
right
up
there
in
the
Lexicon.
Currently
the
Zeitgeist,
with
Dao
with
the
concept
of
AI.
B
They
are
all
grossly
misunderstood
in
many
cases
or
they're
used
in
describing
a
whole
plethora
of
things
where
only
some
of
those
things
actually
are
the
thing
AI,
there's
no
AI
out
there
right
now
in
case
anyone
cares
to
know
this.
There
is
machine
learning
which
does
some
amazing
things,
but
it's
not
intelligent.
It's
just
pattern
matching
very
good
pattern
matching.
So
here
we
say
what
is
decentralization,
removing
all
the
centers,
so
anytime,
someone
says
I'm
decentralized,
go,
look
at
what
they're
doing
and
say:
is
there
a
center?
It
doesn't
have
to
be
one
Center.
B
There
can
be
hundreds
of
centers
in
in
what
looks
like
decentralization,
but
if
there
are
centers
where
control
is
not
evenly
distributed,
it's
not
decentralized.
Just
draw
the
line
right
there.
Okay,
that
doesn't
mean
that
decentralization
is
required.
But
if
you're
saying
it's
decentralized,
please
make
sure
it
actually
is
distributed
is
not
decentralized.
Blockchains
are
distributed,
they
can
be
decentralized.
Governance
on
blockchains
one
can
look
at
them
as
decentralized
systems
depending
on
how
they're
governed,
but
the
the
nature
of
blockchain
is
not
the
decentralization
that
is
the
key
for
blockchain
security.
B
B
So
there's
a
difference
between
distributed
and
decentralized,
that's
critical
mind:
all
actors
within
the
system
have
equal
control
over
the
configuration
of
that
system.
It's
a
basic
Axiom!
You
could
it's
easy
to
understand.
If
all
players
don't
have
an
equal
voice,
then
there's
some
centralization
happening
in
there
somewhere
again,
not
that's
not
necessarily
a
bad
thing.
It's
just.
B
That's
a
very
good
thing,
but
it's
not
decentralized
plutocratic,
that's
the
other
one
we
see
very
commonly
in
in
blockchain
the
rich
guys
get
all
the
control
and
the
poor
guys
just
follow
the
follow
along
for
the
ride
again,
not
a
bad
thing,
just
not
decentralized
and
then,
of
course,
delegated.
B
We
would
think
about
that
in
terms
of
the
U.S
government,
for
example,
is
a
delegated
democratic
system,
but
it
is
centralized,
let's
be
fair,
Congress
the
house
and
the
president
they're
running
things.
Okay,
what's
so
great
about
decentralization,
it's
hard
to
destroy
right
if
someone
drops
a
bomb
on
Washington
DC
during
a
major
filibuster,
we've
got
a
problem
in
America
right
by
the
way:
I'm,
not
American,
I'm,
just
observing
that,
particularly
as
an
example
in
a
decentralized
system,
dropping
a
bomb
anywhere
hurts
but
does
not
destroy
the
system.
B
The
system
will
survive.
It's
very
hard
to
corrupt
because
of
the
nature
of
decentralized
systems.
How
do
you
corrupt
the
entire
population
of
a
system
without
effectively
destroying
or
corrupting
each
entry
of
individual
entity
within
that
system,
again
very
difficult
to
do
easy
to
repair,
because,
as
it's
decentralized,
some
part
goes
missing,
the
other
parts
can
reconstruct
what
was
missing
and
just
continue
on
these
Concepts
reasonably
okay
for
everybody.
C
B
To
save
our
planet
kind
of
world
right,
that's
one
of
my
favorite
things
to
try
to
do
just
for
fun.
Keeps
me
young
at
heart,
accountability,
the
distribution
of
accountability
in
a
decentralized
manner,
people
think
of
this
as
identity
I,
don't
like
that
word.
Identity
is
a
reasonably
New
Concept,
it's
about
100
years
old,
in
terms
of
what
we
think
of
today
as
identity,
your
passport,
your
driver's
license
that
kind
of.
D
B
It's
an
authoritarian
control
point
right
that
says
that
some
Authority
says
I
exist,
okay,
but
we
all
know
I
that
I
exist
and
you
exist
and
everybody
else
exists,
but
we
normally
do
that
because
we
have
in
the
social
network
around
us
that
recognizes
that
we
exist.
It
knows
what
we
do
and
everything
else
having
a
way
of
doing
accountability
in
a
decentralized
manner
means
everyone
walks
around
with
their
identity
in
their
hand,
and
it's
not
stored
in
the
cloud
somewhere
or
some
provider
is
providing
it
to
you.
No,
no!
It's
yours!
B
Okay,
monetary
systems,
again
centralized
systems
we've
seen
it
2008,
1987
1996
I
lived
at
the
mall
I
was
like
okay.
Oh,
this
is
all
weird
and
I'm
learning,
I'm
learning,
I'm
learning
and
then
the
most
recent
one
come
along
and
I
go
I
get
it
now.
Kovid
was
the
last
one
we
just
had
right.
So
that
was
the
let's
print
money,
but
the
people
weren't
asked
right.
B
Telecommunications
same
problem
right,
we
walk
around
with
tracking
devices
on
us
and
we
pay
for
the
right
to
have
them.
You
know,
but
that
shouldn't
be
the
case
really,
if
you
think
about
it
from
a
humanistic
standpoint,
energy
generation,
another
industry
that
wants
us
to
do.
Oh
I'm,
already
at
zero.
Look
at
that
time
for
a
mic
drop:
okay,
energy
generation
manufacturing.
These
are
all
things.
I
can
talk
about
at
5,
30
at
the
sky
plats.
My
last
slide
we
can
get
it.
I
just
actually
covered
some
of
that.
B
B
We
need
to
get
to
that
headspace
to
make
decentralization
work
in
all
facets
and
energy
and,
in
all
these
cases,
scan
that
ping
me
I'll,
give
you
an
invite
if
you,
if
you're
interested
I'm,
going
to
be
delving
into
this
for
about
90
minutes
to
two
hours
in
an
interactive
workshop
model
at
a
little
place,
just
up
the
hill
here
from
5
30..
Okay,
thank
you.
A
All
right,
perfect,
thank
you,
so
much
Marco
again
do
make
sure
to
check
out
his
Workshop
if
you're
eager
to
dive
into
it
in
more
detail.
Next
up,
we
have
a
keynote
on
enabling
open
culture.
A
very
timely
topic,
joining
us
on
stage
is
Bridget
Vezina
she's,
the
director
of
policy
and
open
culture
at
Creative
Commons.
Let's
give
her
a
very
warm
welcome.
E
Good
afternoon,
everyone
so
I
work
for
Creative
Commons,
which
many
of
you
may
know
it's
an
organization
that
was
founded
about
20
years
ago
and
we're
famous
for
our
licenses
that
really
enable
open
sharing
of
all
sorts
of
creative
content,
but
we're
also
a
lot
more
than
that
and
I
guess.
I'll.
Ask
you
a
question
before
I
delve
into
the
topic,
which
is
what
do
these
things
have
in
common
climate
change,
Global,
Health
crises,
armed
conflict,
human
humanitarian
crises
and
copyright
seems
like
an
odd
Bunch
right,
but
on
different
scales
and
with
different
impact.
E
These
all
have
a
very
negative
impact
on
the
sharing
of
culture.
Today
they
really
prevent
us
from
accessing,
sharing
and
using
our
culture.
Think
about
the
climate
change
crisis,
so
cultural
heritage
is
being
destroyed
as
I
speak,
rising
sea
levels,
fires
that
are
triggered
by
changing
climate
patterns.
Think
about
the
covid-19
crisis,
at
how
so
many
museums,
libraries,
archives,
all
sorts
of
cultural
heritage
institutions
had
to
close
their
door
and
people
could
not
access
their
own
cultural
heritage
anymore
and
tragically.
E
Armed
conflicts
also
are
they'll
deal
a
huge
blow
on
cultural
heritage
and
sometimes
yeah.
Even
literally,
copyright
is
often
not
thought
about
a
serious
threat
to
to
accessing
cultural
heritage,
although
it
really
is,
copper,
be
right,
prevents
what
technology
enables
think
about
sharing
on
the
internet.
So
many
peer-to-peer
sharing
happened
20
years
ago
think
about
music.
What
happened?
Copyright
prevents
it
and
the
same
thing
happens
with
museums,
libraries,
archives
trying
to
share
their
collections
online.
Copyright
makes
it
extremely
difficult
want
to
digitize
paintings
in
your
collection.
You
might
need
copyrighted
permission.
E
So
it's
a
really
huge
challenge
for
institutions
today
to
be
able
to
open
up
culture
and
share
it
using
the
technologies
that
we
have
at
our
disposal
because
think
of
it,
preservation
of
cultural
heritage
is
a
lot
more
than
just
storage.
If
you
just
store
Heritage,
you
might
have
great
systems
to
keep
it
in
a
safe
place,
but
it
will
be
just
Frozen
in
time
if
no
one
can
access
it.
If
no
one
can
reinterpret
it
build
new,
meaning
reinterpret
it.
E
So
copyright
is
I,
said
a
huge
barrier
and
so
much
so
that
by
some
estimates
only
one
percent
of
all
cultural
heritage
institutions
in
the
world
are
able
to
share
their
collections
openly,
and
that
is
mostly
due
to
copyright.
Of
course,
there
are
other
barriers,
but
people
cannot
share
on
Wikipedia
unless
they
have
copyright
permission.
They
cannot
share
on
Flickr
Commons,
so
many
platforms
offer
the
possibility
to
bring
culture
to
people
on
a
global
scale,
and
yet
copyright
makes
it
almost
impossible.
E
I
want
to
put
this
into
context,
because
copyright,
of
course,
is
only
one
of
the
factors.
Actually,
we
asked
a
lot
of
copyright
and
oh
I
wish
I
should
say
open
culture
experts.
What
are
the
barriers
today
for
museums
for
libraries
for
archives
to
put
their
collections
out
there
for
people
to
be
able
to
use
them,
and
we
collected
all
their
answers
and
we
were
able
to
group
them
to
three
big
categories:
people,
money
and
policy?
So
people
tend
to
be
very
conservative,
very
risk-averse
in
the
cultural
heritage
sector.
E
They
are,
you
know,
The
Gatekeepers,
they
know
their
collection,
they
can
curate
it
they
can
interpret,
it
is
releasing
it
out
in
the
world
is
dangerous
because
you
know
people
might
misuse
it
or
you
know
they
might
say
bad
things
about
it.
We
there's
a
big
fear
of
losing
control
over
the
collections.
There's
like
I
said
board.
Museum
boards
are
are
traditionally
very
conservative.
Very
risk-averse.
E
The
other
compounding
factor
is
money.
It's
very
expensive
to
digitize,
and
only
a
few
very
rich
institutions
are
the
lucky
ones
who
can
get
funding
are
able
to
digitize
their
collection,
put
them
online
on
sustainable
platforms
that
can
really
be
accessed
over
a
long
period
of
time
and
keep
up
with
evolutions
and
Technology.
There's
also
this
fear
of
losing
Revenue.
What,
if
I,
give
it
for
free
out
there?
That
means
I
cannot
charge
people
for
it.
E
I'm
going
to
lose
Revenue
truth
is
studies
show
that
there
is
very
little
Revenue
to
be
made,
let
alone
profit
from
licensing
out
reproductions,
of
of
cultural
Works
online
and
the
third
one
was
policy
and
copyright
was
really
pointed
at
as
one
big
barrier.
It's
outdated,
it's
unclear.
Who
knows
what,
if
it,
what
fair
use
is,
does
it
apply?
In
my
case
I,
don't
know:
Larry
lessig,
the
founder
of
Creative
Commons,
said.
Fair
use
is
just
your
right
to
hire
a
lawyer,
it's
so
unclear.
E
We,
we
really
can't
tell
until
a
court
really
decides
for
us
and
also
I
think
that
there
is
no
positive
policy
framework
for
open
culture.
There
is
no
recommendation,
UNESCO
recommendation
on
open
culture.
It
doesn't
exist.
There
is
no
law
that
says
everyone
should
have
access
to
culture.
There
are
some
but
they're,
not
very
specific,
and
they
are
not
tied
to
how
technology
enables
this
today.
E
So
what
we
do
at
Creative
Commons.
We
try
to
address
this
and
we
realize
that
if
we
don't
there's
severe
consequences,
we
cannot
accomplish
our
mission
of
making
a
culture
accessible
to
all
to
really
increase
the
universal
sum
of
knowledge.
There
wouldn't
be
any
Wikipedia
if
Creative
Commons
did
not
exist,
go
to
any
Wikipedia
page
today,
scroll
to
the
bottom,
and
you
will
see
that
every
single
page
is
licensed
through
a
Creative
Commons
license.
E
That
is
what
lifts
the
copyright
barriers
and
enables
people
to
not
only
read
it,
use
it
for
personal
use,
but
also
reuse.
It
share
it
with
their
friends
share
it
with
their
their
their
students
or
their
colleagues
or
fellow
researchers.
Anyone
and
they
can
build
on
it
and
that's
what
the
power
of
open
licensing
enables
in
the
field
of
culture,
but
also
education,
science,
climate
Etc.
E
So
one
question
I
would
ask
you
also
to
kind
of
keep
reflecting
on
this
is
how
do
you
think
that
we
can
build
a
sustainable
future
if
we
don't
have
access
and
can
understand
and
learn
from
our
past
when
culture
is
locked
behind
either
physical
or
digital
walls?
We
cannot
benefit
from
all
the
lessons
that
history
has
taught
us
and
we
cannot
build
on
those
lessons
to
enable
to
in
order
to
build
our
future.
E
So
it's
really
crucially
important
if
we
want
to
be
able
to
address
the
world's
most
pressing
problems,
and
so
I
have
one
minute
left
and
I
want
to
just
give
you
an
overview
of
what
we
do
at
Creative
Commons
to
work
towards
that
objective
is
that
we
offer
the
legal
technical,
but
also
social
infrastructure
that
enables
open
culture
to
flourish.
We
have
this
system
of
licenses,
it's
decentralized,
it's
open
source,
it's
the
kind
of
invisible
infrastructure
that
makes
open
sharing
possible.
E
We
also
offer
training.
So
we
have
a
lot
of
training
activities
so
that
people
that
work
in
museums
and
libraries
archives.
They
understand
what
the
issues
are.
They
can
learn
the
skills
they
have,
they
build
knowledge
and
they
can
become
ambassadors
and
bring
change
within
their
own
institutions
to
make
sure
that,
finally,
their
collections
can
reach
their
audiences
much
further
than
within
the
four
walls
of
the
of
the
building,
and
we
also
know
that
this
is
not
enough
that
we
need
to
engage
in
policy
reform.
E
We
need
to
change
copyright,
we
need
to
bring
it
up
to
speed
with
how
technology
is
now
and
how
it
will
be
in
the
future.
We
need
to
Future
proof,
copyright
and
one
of
the
central
objective
is
really
to
protect
the
public
domain
from
erosion.
So,
let's
all
celebrate
the
public
domain
together.
I'll
leave
you
with
one
example:
the
UK
National
History
Museum
just
released
last
year.
It's
collection
of
butterflies,
they're,
all
licensed
cc0,
meaning
they're
dedicated
to
the
public
domain,
and
anyone
can
use
them
and
learn
from
them
and
scientists.
E
A
So
much
thank
you.
Thank
you.
I'm
particularly
excited
to
welcome
our
next
speaker
onto
the
stage,
not
just
because
he's
an
excellent
orator,
but
because
he
has
a
penchance
for
leaving
everyone
feeling
inspired
and
willing
and
ready
to
sort
of
roll
up
their
sleeves
and
make
stuff
happen.
So
I'm
excited
to
bring
to
the
stage
Amit
Pradhan
he's
the
executive
chairman
of
rainfall
he'll
be
taking
a
look
at
creating
value
of
by
and
for
the
people.
Welcome
amid.
F
Much
for
some
of
you
it's
good
morning
afternoon
for
the
rest
of
you,
you
know
over
the
last,
you
know
call
it
a
hundred
years.
F
And
yet
one
of
the
biggest
challenges
is
that
we
have
not
yet
been
able
to
Value
human
life
abstracted
away
from
that
physical
land
to
the
state
of
footprint,
because
this
data
footprint
is
managed
controlled
and
massively
monetized
by
literally
a
handful
of
companies.
Those
companies
are
even
less
in
percentage
than
when
you
think
about
the
economic
benefit
that
is
driven
from
physical
land
ownership.
F
95
of
the
world's
land
is
owned
by
five
percent
of
the
world's
population,
and
so
we
have
a
huge
opportunity
now
to
start
to
change
the
narrative
and
change
the
way
we
think
about
the
ownership
of
data
and
we've
heard
before
we've
heard
a
talk
and
a
half
ago
about
the
idea
of
owning
your
data.
We
hear
this
a
lot,
especially
in
the
decentralized
communities,
and
yet
data
ownership
and
data.
F
Monetization
is
a
very,
very
challenging
concept,
because
the
reality
is
that
raw
data,
just
the
location
that
has
been
generated
from
all
of
us
here
by
itself,
has
no
value.
Data
gets
value
when
it
is
contextualized.
The
Deep
Learning
Systems
of
Google
and
Facebook
and
Amazon
are
taking
that
data
and
creating
deep
context.
They
don't
sell
the
data
well
except
for
Cambridge
analytica,
but
they
don't
sell
the
data,
as
is
they're
selling
business
models
around
that
and
the
idea
of
a
human
being
selling
their
own
Sovereign
data
has
the
challenge
of
massive
friction.
F
Imagine
spending
a
huge
amount
of
time
trying
to
sell
your
data
to
a
business
that
wants
to
buy
it.
What
is
it
worth?
How
do
you
negotiate?
How
do
you
go
through
the
process
and
the
biggest
challenge
is
the
privacy
of
that
data.
We
tend
to
overlook
some
of
these
things
because
we
live
in
the
world
that
we
live.
We
have
the
privilege
that
we
have
we're
we're
here
in
in
Davos
at
worst.
We
can
think
about.
You
know
some
of
the
implications
of
what
happens
when
we
lose
our
privacy.
F
Without
their
data
ever
leaving
the
device,
it
uses
very
sophisticated
AI
that
lives
on
the
device.
That
is
creating
that
same
context
from
the
data
that
the
Deep
Learning
Systems
of
Apple
and
Google,
and
so
on
are
able
to
do,
but
in
a
centralized
model
and
all
of
the
income
that
comes
from
the
generation
of
this
context
is
driven
back
automatically
to
the
wallets
of
where
the
data
comes.
From.
F
One
of
the
programs
we're
working
on
rainfall
for
refugees
considers
how
we
can
bring
a
daily
income
to
a
refugee
sitting
in
one
of
the
camps.
I
I
sit
on
the
board
of
the
Norwegian
Refugee
Council.
We
are
one
of
the
frontier
Refugee
agencies.
We
have
12
million
refugees
in
our
camps
around
the
world.
How
do
we
make
sure
that
Rashida
who's
sitting
in
one
of
these
camps
at
the
border
of
turkey
is
able
to
generate
value
from
her
data
in
a
completely
privacy,
preserving
manner?
F
Because
the
use
case
of
our
data
being
valuable
to
Starbucks
is
a
cool
use
case,
but
if
you're
Rashida,
the
the
data
models
from
your
daily
life,
are
actually
more
useful
to
the
astrazeneca's
and
the
Roche
and
the
buyers,
because
that's
where
the
next
bacteria
and
the
next
viruses
are
going
to
show
up,
and
if
you
can
have
those
data
models
available
for
pre-clinical
trial
data,
it
suddenly
starts
to
become
really
valuable.
So
there
are
Myriad
use
cases
that
apply
to
our
daily
lives
that
we
are
starting
to
find
ways
to
monetize.
F
There's
a
path
to
get
there.
We
are
in
the
process
of
creating
some
incredible
Partnerships.
One
of
them
is
with
a
partner
called
iconomy
that
creates
these
massive
influencer
hubs
for
the
world's
greatest
icons,
whether
they're
Sports
Hollywood,
politics
doesn't
matter,
and
they
have
over
800
million
fans
for
these
icons
and
rainfall
is
now
going
to
be
the
platform
that
that
ingests
all
of
this
data
responsibly
without
exposing
any
personally
identifiable
information
of
any
of
the
users
and
creates
intelligence
for
everyone
in
the
system.
F
It
will
also
power
the
wallet
for
the
entire
ecosystem
and
the
currency
of
rainfall
built
on
Casper.
The
Raindrop
will
become
the
default
currency
for
this
entire
ecosystem.
While
this
is
a
wonderfully
tactical
approach
for
making
sure
that
we
get
to
millions
of
users,
it's
one
of
one
of
our
approaches
for
this
space,
which
is,
let's
make
sure
that
we're
not
building
for
the
one
percent
of
all
of
us
sitting
over
here.
F
How
do
we
get
to
the
average
person
and
how
do
we
do
it
in
a
way
that
is
utterly
responsible
in
language
that
they
can
reflect
and
narrate?
If
you,
if
you
recall
in
the
last
6
minutes
and
45
seconds
I,
haven't
said
the
word
blockchain
or
crypto,
or
any
of
these
things
that
honestly,
who
cares
it
doesn't
matter,
we
don't
talk
about
building
on
HTML
or
HTTP.
A
Thank
you
Amit.
What
an
incredibly
inspiring
message,
one
of
the
things
that
we've
been
focusing
on
over
the
course
of
the
week
is
taking
a
closer
look
at
use
cases
right,
things
that
add
genuine
value
into
businesses,
genuine
value
to
society,
particularly
small
businesses,
one
of
the
things
that
we're
looking
to
do
looking
to
explore
in
this
next
panel
right.
How
do
you
optimize
certain
business
processes
that
are
relevant
for
everyone.
G
A
Has
operating
a
business
I'm
excited
to
Welcome
to
the
stage
three
individuals,
Dr
Wolf
call
the
CEO
of
Menagerie
Ramon,
a
b
founder
and
CEO
of
the
Nova
group,
Dr
Vincent
Picard
founder
of
nomena,
as
they
discuss
invoice
processing
as
a
platform
on
Casper.
Let's
give
them
a
very
warm
welcome
to
the
stage.
H
Go
ahead:
oh
hello,
okay:
yeah
quotes
a
short
introductions,
I'm
wolf,
Carl
Menagerie
and
we're
presenting
a
joint
project
that
was
funded
by
Casper
and
the
defix
now
and
we'll
talk
about
Menagerie
do
course
later
doing
this
presentation.
Vincent.
Do
you
want
to
go
next.
C
Yes,
so
Vincent
piecard
very
happy
to
be
here.
Can
you
hear
me
so
I'm,
founder
of
nomina,
digital
digital
is
a
Swiss
tech
companies.
This
best
technology
company
which
developed
an
off-chain,
smart
contract
platform
or
Enterprise
applications
and
of.
C
Connects
to
right,
it
also.
C
To
blockchains
different
blockchains
and
we
are
working
a
lot
with
Casper
on
different
projects
and
we
have
about
50
software
engineers
and
are
happy
yeah
that
we
could
deliver
multiple
production
systems
over
the
last
five
years.
I
I'm
Ramona
Bay
I'm,
the
founder
of
the
Nova
group,
we're
market
leader
in
credit
management
in
the
Netherlands,
and
we
partnered
with
numina
to
create
new
use
cases
for
invoicing
and
we're
going
to
tell
about
a
bit
about
that
today.
I
Yeah
well,
invoicing
is
important.
Obviously
it's
a
100
trillion
dollar
asset
Market
worldwide.
I
C
C
It
is
positioned
as
a
business
to
business
platform
which
connects
multiple
Enterprises
and
also
integrates
into
Enterprise
systems
and
acts
as
a
source
of
tools
because,
as
we
will
see
later-
and
this
is
one
of
the
big
problems
in
when
it
comes
to
invoicing-
and
where
many
of
these
problems
come
from,
then
it
reduces
acceptance
and
dispute
risks
wire
by
providing
this
common
view
on
what
has
happened
and
about
the
state,
and
this
ultimately
also
leads
to
easier
ways
to
finance
invoices
to
refinance
businesses.
C
If
there's
more
certainty
and
if
we
reduce
these
risks
and
ultimately,
then
the
invoice
becomes
in
the
future.
That's
what
we
expect
a
very
interesting
asset
class,
a
tradable
asset
class.
As
Roman
already
mentioned,
it's
a
100
trillion
dollar
asset
cost
by
far
the
largest
in
the
world
and
there's
at
the
moment.
We
think
that
the
full
potential
is
not
is
not
used
yet.
J
C
K
C
Has
about
1
000
clients,
a
very
good
place
for
us
to
go
to
market
and
we
plan
to
roll
out
the
product
in
23
and
yeah.
We
got
the
Grant
from
Graphics
Tao,
because
we
wanted
to
we.
We
saw
a
lot
of
interesting
products
in
that
space,
nucleus
Finance,
where
we
would
like
to
connect
to
an
integrate
team.
We
see
a
lot
of
synergies
and
that's
what
we
are
we're
also
going
to
present
first
results
here:
yeah.
I
Why
is
it
important
for
us?
It's
there's
a
lot
of
fraud
that
we
noticed
around
the
world
with
invoicing
a
lot
of
big
companies,
but
also
small
companies,
old
people
that
pay
the
wrong
invoices.
We
wanted
to
find
a
solution
for
that.
I
We
aim
to
use
blockchain
as
a
system
to
verify
invoices
and
we're
looking
to
partner
up
with
banks,
for
instance,
to
have
the
invoices
be
checked
on
the
blockchain
yeah.
Here
you
can
see
the
the
cars
that
go
with
late
payments
and
yeah
the
the
market
sizes.
I
What
often
happens
is
that
suppliers
and
and
buyers
they
yeah,
get
very
few
information
on
what's
happening
in
the
process
and
also
this
we
wanted
to
yeah
find
a
better
solution
to
inform
the
buyers,
the
sellers
and
get
the
more
fair
processed
using
smart
contracts.
So,
for
instance,
what
we
do
is
you
imagine,
you're
a
meat
seller
from
the
Netherlands
and
you
sell
10,
100
containers
of
meats
to
to
China.
I
What
happens
now
is
that
the
containers
go
on
a
ship
on
the
shipments,
and
then
your
buyer
will
tell
you
the
quality
of
20
containers
is
not
good
enough.
I'm
only
gonna
gonna
pay
for
80.
and
you
get
a
subjective
discussion
because
you're
not
in
China.
You
can't
really
yeah
judge
for
yourself,
but
the
quality
of
the
meat
is
so
what
we
do
is
made.
I
We
made
a
system
which
uses
smart
contracts
and
blockchain
iot
devices,
so
in
the
containers
is
now
an
iot
device,
the
size
of
an
iPhone
and
it
measures
temperature,
Shock,
Wave,
light
bridge
and
GPS.
So
as
soon
as
the
truck
is
loaded,
the
100
containers
are
off
to
China.
You
you
and
your
customer
can
see
this
in
an
online
platform
and
using
the
smart
contract.
I
The
contract
will
be
executed
if,
for
instance,
10
of
the
containers
are
in
during
the
shipment
toolbar,
the
contract
will
execute
automatically
that
only
you
have
to
pay
for
19
containers
and
it
makes
it
an
objective
verifiable
system
for
invoices.
C
Yeah
and
what
what
one
can
also
see
on
this
graphic
is
that
they
are
supplier
contracts
which
Define
Milestones
acceptance
criteria.
They
can
be
kind
of
complex
and
all
of
that
invoices
are
spun
off
and
there's
a
lot
of.
C
C
A
lot
of
frustration
on
on
the
buyer,
on
the
supplier
side,
a
lot
of
costs
for
disputes
Etc,
so
to
an
abstract
way,
to
give
a
little
bit
of
the
reason
for
that
we
see
for
the
problem
is
on
the
buyer
and
on
the
supplier
side
there
are
multiple
yeah
people
involved
in
managing
supplier
contracts
and
invoices,
procurement,
business
sponsors,
quality
assurance,
Finance,
Etc
and
and
when
it
comes
to
yeah
invoicing,
then
the
internally
and
cross
companies
there's
a
lot
of
communication,
peer-to-peer
communication
going
on
via
emails
via
Excel
sheets
Etc
and
and
it's
very
hard
very
often
to
get
the
right
people
and
and
and
and
and
they
don't
know
who
to
ask
whether
something
is
fulfilled
or
not.
C
And
there
are
many
systems
involved
as
well.
So
it's
not
that
there's
just
one
enterprise
system
where
there's
a
current
there's
a
unique
source
of
tools
for
everybody,
but
they
have
multiple
systems,
and
so
that
is
that
that
is
on
abstract
level
or
a
big
problem
in
the
industry
in
in
every
industry.
C
So
and
what
we
simply
envisioned
to
do
is
we
want
to
create
this
yeah
smart
contracts?
We
want
to
model
the
supply,
the
supplier
contracts
and
the
invoices
as
smart
contracts.
C
We
want
this
and
and
develop
a
platform
around
that
which
integrates
with
today's
existing
systems,
because
we
are
not
going
to
become
a
central
platform
of
the
world
where
everybody
would
up
yeah
upload
their
data
and
would
have
the
states,
but
we
we
want
to
integrate
into
the
systems.
We
want
to
establish
ourselves
as
a
data,
Logistics
platform
orchestrating
the
systems,
and
so
de
facto
there
is
a
unique
source
of
tools,
but
that
doesn't
mean
we
are
a
data
monster
or
we
are
in
control
of
anything.
C
We
just
want
to
yeah
be
be
a
very
clever
orchestration
platform
based
on
on
the
smart
contract
technology,
which
is
a
very
good
fit
for
for
purpose
here,
just
a
very
brief
overview
about
the
architecture.
C
So
for
everything
and
where
immutability
trust
specification
is
required.
We
we
put
things
on
the
blockchain,
there's
our
usually
hashes,
of
of
verifiable,
verifiable
claims
or
fingerprints
or
representations
of
the
invoices
tokens
that
you
want
to
trade,
but
they
are
on
top
of
that.
There
is
this
notion
of
this
off
of
chain:
smart
contracts,
where
we
Implement
a
lot
of
the
business
Logic.
The
supplier
contracts
Etc,
which,
however,
should
not
be
public
yeah.
They
shouldn't
be
no
there's
a
confidential
information
and
also
they
might
change.
You
need
maintenance.
C
You
need
to
ability
to
upgrade
it
Etc
and
on
top
of
that,
yeah
we
integrate
into
this
is
existing
systems.
I
Yeah
I
think
I
mentioned
the
the
use
cases
that
that
we
built
the
last
one
is
invoice
tokenization,
so
every
person
in
the
world
can
buy
a
part
of
the
supply
chain
invoices
this
makes
Banks
absolute.
In
the
end.
This
is
a
online
trading
platform
where
you
can
buy
a
peer-to-peer
factoring
and
you
can
buy
invoices
and
we'll
show
the
demos
now
yeah.
C
I
C
No
okay,
then
Plan
B.
We
sing
also
yeah.
C
So
this
is
the
view
of
a
supplier
who
enters
at
the
moment
the
supplier
contract
with
certain
Milestones.
Then
he.
G
G
C
C
Now,
coming
to
the
defici
style
Grant,
so
why
why?
What
are
we
doing
together
with
Minaj
again
nucleus
Finance,
so
once
we're
having
this
source
of
truths
about
what
is
the
state
and
and
can
reduce
a
lot
of
risks
in
the
future?
C
We
anticipate
that
talk
bills
are
becoming
very
interesting
Financial
product
and
what
is
very
important
for
for
trading
assets
is
a
rating,
especially
this
debt
kind
of
assets
and
therefore-
and
we
want-
and
we
had
conversations
since
one
year
already
about
rating
the
idea
of
decentralized
decentralizing
rating,
and
we
think
that
suppliers
are
have
a
lot
of
inside
our
knowledge
about
their
customers
and
the
idea
is
to
set
up
a
Dao
or
rating
now
with
qualified
a
qualified
suppliers
who
who
verify
ratings,
basically
that
Banks
might
have
or
Traders
might
have,
and,
and
is
the
enabler
at
the
end
for
for
for
functioning
for
functioning
Market
and
the
other
component
is
that
we
want
to
in
into
integrate
into
nucleus
Finance,
because
nucleus
Finance
is,
is
a
bit
coming
from
the
reporting
as
a
liability
management
site.
C
But,
however,
is
also,
of
course,
connecting
to
Casper.
And
this
doing
this
organization
in
a
very
clever
way,
so
we
don't
tokenize
the
builds
ourselves,
but
we
do
it
via
nuclear
Finance
and
we
also
want
to
provide
nucleus
fines
as
a
tool
for
our
clients
to
manage
their
asset
and
liabilities
in
the
future.
H
Yeah
so
Menagerie,
if
you
want
to
go
back
one
slide,
Menagerie
is
the
data,
verification
and
rating.
C
H
In
this
construct
in
this
pilot
project,
Menagerie
is
a
platform
that
is
allowing
us
for
this
project.
To
quote
unquote,
churn
out
the
communities
that
are
needed
in
different
Industries.
As
you
can
imagine,
a
meat
packing
invoice
is
not
the
same
as
a
an
airline's
invoice
right,
so
they're
different
requirements
in
in
raiding
those
invoice
and
the
livelihood
of
payment,
and
so
Menage
is
able
to,
in
the
context
of
this
project,
to
set
up
these
rating
dials
rating
communities.
We
prefer
the
word
Community,
actually
as
a
coverall
and
so
for
each
industry.
H
Many
of
you
will
know
that
that
ratings
in
the
existing
infrastructure
have
their
flaws,
We
Believe,
with
menagerial
communities.
We
provide
a
backstop
here
for
rating
accuracy
being
able
to
assess
the
likelihood
of
payment
in
a
given
industry,
and
once
you
have
this
new
data
set,
that
is
verified
and
comes
out
of
minority
communities
in
in
a
given
industry.
We
believe
you
can
throw
nucleus
build
very
significant
financial
products.
On
top
of
this
new
data
and
I
hear
from
meta.
Thank
you
meta
that
we're
over
time.
Thank
you.
H
So
with
that,
I
could
talk
quite
a
bit
about
where
we're
at
with
Menagerie
our
attraction,
our
partners,
how
we
work
with
the
metaverse
but
yeah
very
exciting
project
funded
by
Caspar
and
the
devx.
Now,
thank
you
for
your
attention.
I
think
we're
good
yeah.
Thank
you.
Thank
you.
Let's.
A
Give
them
a
hand
as
they
transition
off
stage.
One
of
the
reasons
we
have
to
be
so
short
on
time
or
very
accurate
on
our
timing
is
that
our
next
panel
has
a
couple
people
that
are
doing
virtually,
so
we
will
need
just
a
moment
to
make
sure
that
they
are
all
set
up
here
on
stage
in
order
to
accommodate
their
virtual
participation.
A
However,
it
is
certainly
worth
your
attention
nonetheless,
so
while
those
behind
me
make
sure
that
they
set
up
just
the
I'll
assist
you
in
just
a
second,
let's
take.
Let's
keep
our
seats
just
a
second
give
us
a
moment
to
make
sure
that
we
make
those
adjustments
here
on
stage
we'll
be
heading
into
a
very
interesting
panel,
including
a
demo
as
well
as
a
stellar
panel
participation
lineup.
The
panel
itself
is
moderated
by
Tony
Greenberg,
founder
and
CEO
of
ramp
rate.
A
He
has
joined
virtually
by
Peter
H
diamandis,
founder
and
executive
chairman
of
the
express
X
prize
Foundation,
as
well
as
remotely
by
Dr
Anusha
Ansari,
a
CEO
of
the
express
X
prize
Foundation
remotely
joining
us
as
well
is
Eric
poulier,
an
entrepreneur,
Dr
Wolf
call
who
you've
already
seen
on
stage
earlier
CEO
of
Menagerie
as
well
as
made
up
Harley
car
co-founder
and
CTO
of
Casper
Labs.
A
Participants
were
heading
into
a
very
special
announcement
in
collaboration
between
xprize
and
Casper.
This
particular
announcement
and
the
demo
and
panel
discussion
that
belonged
to
it
are
moderated
by
Tony
Greenberg,
founder
and
CEO
of
ramp
rate.
We
are
joined
virtually
by
Peter
H
diamandis,
founder
and
executive
chairman
of
the
X
prize
Foundation
Dr
anushe
Ansari,
the
CEO
of
the
xprize
foundation,
Eric
poulier,
us
entrepreneur,
as
well
as
in
person
by
again
Dr
Wolf,
call
CEO
of
Menagerie
and,
of
course,
Mida
parleicars,
co-founder
and
CTO
of
Casper
Labs.
Let's
give
them
a
very
warm
welcome.
L
Good
morning
Tony
G
over
here,
how
are
you
thrilled?
This
has
been
quite
a
journey
today:
devex
Dao,
the
co-creation
of
wolf
call
and
Casper,
and
a
variety
of
other
wonderful
humans
has
made
a
commitment
for
100
million
Casper
tokens
at
today's
value.
That's
3.8
million
dollars
is
the
largest
Grant
they've
ever
awarded
in
the
history
of
the
organization.
L
So
when
Casper
and
devex
dial
and
everything
decided
to
do
this,
this
was
not
without
a
lot
of
conversations
and
a
lot
of
visions
and
a
lot
of
possibilities,
but
it
all
kind
of
started
out
with
my
buddy
Eric
poulier
said:
hey
Tony.
What
are
you
doing
with
this
Dow
stuff?
I
said?
Well,
you
know
we're
a
lot
of
decentralized
governance.
It's
new
corporations,
new
possibilities
been
standing.
There
I
know
this
guy
named
Dr
Wolf
calling
he's
working
with
devex
Dao,
and
he
says
you
know
Peter's
been
asking
me
about
that.
L
Well,
synchronicity,
as
it
is
I'm
sitting
on
my
porch
in
Santa
Monica
and
there's
Peter,
walking
by
me,
as
he
does
most
every
day
when
I'm
there
I
said:
hey,
Peter
I
heard
you're
thinking
about
this
Dow
stuff,
he
says
yeah.
What
do
you
know
about
that?
I?
Just
well,
you
know,
Peter's,
like
you
know,
millions
of
people
read
your
books,
follow
your
vision,
actually
drive
the
impact.
Hammer
you've
had
for
27
years
forget
starting
space
travel,
and
everything
is
just
like
more
than
that
speaker
author.
L
So
what
if
all
those
people
were
to
be
able
to
vote
what,
if
the
highly
most
highly
wonderful
secret
in
the
world
of
27
years
of
X
prize,
was
touched
not
by
millions
of
people
but
by
billions,
and
what,
if
everyone
had
to
pay
the
chance
to
participate
and
be
a
part
of
the
revolutions
and
human
Transformations
you've
been
driving?
He
said,
hey
sounds
like
a
good
afternoon.
I
said.
L
Let
me
see
if
we
can
get
this
funded,
let's
go
to
work,
he
says,
let's
go
and
he
invited
me
and
Dr
call
to
their
25th
year
anniversary
and
planning
session
for
the
next
25
years.
We
helped
drive
a
few
of
the
ideas,
worked
with
all
the
trustees,
which
are
can't
even
name
them
here,
because
I
get
in
trouble,
but
super
powerful
organization,
and
we
decided
on
finding
a
path
to
deliver
this
magnificent
opportunity
to
create
a
new
tomorrow
for
xprize
under
the
driving
leadership
of
a
new
sansari.
L
L
This
is
the
blueprint
for
the
future,
the
most
important
innovation
and
organizational
structure
since
the
LLC
and
true
to
its
reputation
as
a
game.
Changer
xprize
will
be
first
amongst
its
peers.
We
will
unleash
the
power
of
community
to
heal
a
void
in
the
human
soul.
The
Industrial
Age
is
at
the
age
of
alienation
of
being
a
cog
in
someone
else's
machine.
The
gig
economy
has
only
given
us
the
interdependence
at
the
price
of
Perpetual
insecurity
and
exploitation.
L
This
is
a
Monumental
moonshot
project
and
we
couldn't
think
of
a
better
epicenter
of
the
Revolution.
The
people
that
think
big
and
bigger
and
biggest
every
day
from
birthing
commercial
space
travel.
Removing
carbon
at
the
same
industrial
scale
that
we
put
in
the
atmosphere
to
create
meaningful
equity
in
the
world
X
prize
is
always
first
and
always
improving
and
with
that
I
want
to
Simply
introduce
Peter
wherever
he
is,
he's
an
inspiration,
wonderful,
a
little
secret
about
Anusha.
If
you
actually
see
her
and
she
has
a
space
background,
it's
not
a
zoom
background.
L
It's
probably
space
because
she's
been
there
a
few
times
and
I'm
just
honored
to
work
with
these
people.
Eric
a
true
Visionary
out
of
this
world
he's
his
own
moonshot
on
a
daily
basis,
wolf
call
leader,
truly
the
leader
of
the
next
generation
of
Corporations,
with
his
work
over
10
years,
so
we're
thrilled
to
have
them
and
Metta
who's
Captain
the
ship
and
helping
making
everything
work
so
we're
thrilled
that
she's,
building
and
evolving
and
part
of
our
future
successes
together.
Thanks
everyone
for
joining
us
and
and
what
I'll
have
to
ask
now.
L
I
guess:
I
have
a
a
couple
of
questions.
Let
me
just
get.
R
S
O
T
O
T
D
T
O
O
L
O
Can't,
first
of
all,
good
morning,
good
afternoon,
everybody
Tony
and
and
wolf
good
to
see
you
guys
and
thank
you
for
hosting
us
here.
Can
you
hear
me
okay
loud.
O
My
best
shape
ever
yes,
but
I
won't
speak
about
longevity
or
AI
or
nanotechnology.
I
am
speaking.
I
do
want
to
speak
about
the
notion
that
we're
entering
a
period
of
time
in
humanity,
where
the
number
of
individuals
who
can
actually
solve
large-scale
problems
is
increasing
exponentially.
It
used
to
be
the
Kings
and
the
Queens,
the
robber
barons.
You
know
just
a
small
group
of
folks
who
could
make
a
dent
in
really
Grand
Challenge
areas.
O
Today,
it's
anybody
truly
empowered
by
their
passion,
their
commitment
using
exponential,
Technologies
banding
together
globally
to
go
and
solve
problems.
You
know
the
X
prize
started
27
years
ago
with
a
single
10
million
dollar
space
flight
prize.
Since
then,
we've
launched
you
know
on
the
writer
of
16
17
prizes,
a
total
of
300
million
dollars.
We
launched
our
first
100
million
dollar
prize
18
months
ago
on
extracting
carbon
at
gigaton
scale.
We're
about
to
launch
another
couple
of
hundred
million
dollar
prizes
in
the
near
term,
so
stay
tuned
for
that.
O
But
it's
always
been
a
situation
where
we
use
the
crowd
to
go
and
solve
the
problem,
but
we
have
not
used
large-scale
crowd
and
Community
to
really
Drive
other
elements
of
the
X
prize,
and
my
first
conversations
on
this
before
meeting
you
on
the
on
the
doorstep
Tony,
and
thank
you
for
all
the
work
that
you've
done
and
thank
you
to
Casper
and
devik
style
for
supporting
this,
where
some
conversations
with
Eric
poulier
who's
with
us
here
today,
five
six
years
ago,
I
mean
around
the
time
he
minted
the
first
nft
it
was
around.
O
O
Actually,
you
know,
vote
up
to
the
top
the
prizes
that
they
most
want
to
get
funded
and
ultimately
get
the
public
as
well
to
support
funding
these
and
creating
a
a
rooting.
You
know
fan
base
for
the
teams
competing
to
win
this.
How
do
we
incorporate
the
global
public
into
this
engine
of
identifying
and
then
solving
these
Global
competitions
in
a
fashion?
You
know
we
talk
about.
O
Xprize
1.0
was
in
fact
the
Ansari
X
prize,
and
we
have,
of
course
the
amazing
Anusha
Ansari
with
us,
we'll
hear
from
in
a
second
who
funded
our
first
10
million
competition
that
went
on
to
the
space
like
the
space
station
and
now
very
proudly
is
our
CEO
X
prize
2.0
was
that
platform
of
prizes
that
we've
done,
but
it
was
really
a
very
small
number
of
individuals.
You
know
well
known
in
in
sort
of
the
Tech
Community
in
Silicon
Valley
funding
these
prizes
X
prize
3.0,
really
is
an
intentional
future.
O
How
do
we
identify
where
we
want
to
go?
Get
the
collaborative
Community
to
help
us
design
the
prizes
and
then
run
and
compete
and
then
implement
the
technology
coming
out
of
the
prizes?
So
it's
really
a
future
of
collaboration
and
I'm
excited
about
really
scaling
xprize
in
that
fashion.
R
I'm,
because
we're
working
together
with
with
you
and
Eric
and
Meda
it
all
coales,
around
community
and
building
a
community
is
really
essential
for
Express,
because
we
have
a
big
audacious
goal
out
there
and
and
to
achieve
it,
we
can't
do
it
with
a
small
team
we
have
and
in
order
to
really
make
a
difference
in
the
world,
we
need
to
get
the
world
involved
with
us.
So
in
fact
the
community
means
more
than
the
community.
R
It's
a
movement
we're
trying
to
build,
and
this
movement
is
toward
architecting
and
building
a
you
know:
Equitable
abundant
future
for
Humanity
and
this
community.
In
order
to
build
that
future,
it
has
to
be
extensive
and
it
has
to
be
diverse
in
every
aspect,
so
we're
building
a
multi-layer
community
that
engages
every
person
who's
frustrated
with
just
hearing
about
the
problems
that
we
hear
in
the
news
and
and
wants
to
actually
do
something
to
change
that
and
we're
engaging.
Of
course,
we've
been
engaging
over
the
years
that
Peter
said:
toddly
there's
innovators,
entrepreneurs.
R
We
want
to
extend
that
and
we
want
to
pull
everyone
together
to
achieve
this
goal.
So
you
know
I.
Traditionally,
we've
tapped
into
brightest
Minds,
we
could
reach
and
we
built
an
amazing
Brain
Trust
to
create
conversations
around
our
biggest
challenges.
We
have
in
climate
and
energy
in
health,
education,
biodiversity
and
space.
My
favorite
subject-
and
this
Brain
Trust
has
helped
us
design,
competitions
and
identify
roadmap
that
can
take
us
to
build
this
future.
R
So
they
don't
get
frustrated
by
a
lack
of
involvement
or
engagement,
and
our
community
has
taken
Parts
in
in
helping
donate
and
make
this
possible
in
the
past
and
as
we
extend
it
and
Peter
explained,
we
want
him
to
actually
be
at
the
table.
When
we're
having
conversation
about
you
know
what
is
the
next
challenge?
We
should
focus
on
which
one
is
the
most
important
one
and
we've
been
great
at
convening
and
inspiring
and
activating
people,
and
we
want
to
just
extend
that
to
every
corner
of
the
globe.
R
L
U
You
good
to
be
here
it's
a
real
pleasure
to
be
here.
It's
a
very
exciting
project
and
I
couldn't
be
more
excited
about
the
people
and
the
technologies
that
are
coming
together
in
such
a
seamless
way
to
build.
What
I
believe
is
one
of
the
more
important
answers
to
the
challenge
of
how
we're
going
to
organize
in
the
future
how
humanity
is
going
to
come
together
in
new
ways
to
empower
each
of
us
to
live
our
best
lives
and
the
Technologies
are
not
insignificant.
It's
really
exciting.
U
So
this
project
really
has
significance
so
far
beyond
any
of
us
that
it's
it's
a
real
honor
to
be
part
of
it.
So
thank
you
for
having
me
here
at
Davos
and
so
pleased
that
Casper
and
the
devag
style
thought
to
bring
this
illustrious
group
together.
L
H
H
Okay,
so
so
for
me
this
has
been
a
10-year
Journey,
starting
with
you
know,
new
institutional
economics,
theoretical
Frameworks
on
dynamical
governance
systems.
H
Then
writing
a
book
about
it.
Building,
Mass
models,
600
Pages,
Tony,
it's
350
pages
and.
A
H
H
I
get
this
a
lot
okay,
so
so
we've
been
working
working
and
implementing
this
for
three
years
with
defx,
Dao
and
Casper
support,
which
is
absolutely
brilliant
and
I'm.
At
this
point
now,
where,
where
we're
talking
with
with
Vadim
and
working
with
Eric
and
with
X
prize
and
it's
it's
I
couldn't
be
happier,
this
is
a
very
big
opportunity.
I
think
we
can
build
some
phenomenal
systems
for
X
price
and
with
X
prize
and
the
future
is
here
for
us
to
to
take
I
think
so.
Let's
do
it.
N
Yeah
so
gosh,
what
can
I
say
you
know?
Casper
was
designed
to
be
an
Enterprise
grade
blockchain,
and
while
this
is
not
an
Enterprise,
it's
not
for
profit.
This
requirements
are
the
same
right,
so
we
are
looking
for
Real
World
Adoption,
we're
looking
for
making
the
technology
accessible
to
the
masses,
and
they
need
not
know
that
they're
using
a
blockchain.
N
The
goal
of
the
xprize
project
is
to
allow
for
individuals
to
participate
in
the
nomination
funding
and
voting
on
these
prizes
so
that
they
feel,
like
they're,
a
part
of
this
massive
Community
to
make
a
change
in
the
world
right
and
the
efficacy
of
the
prizes
is
not
in
question.
N
It
is
incredible
what
these
prizes
can
do
for
society
as
a
large
and
for
us
as
a
global
community
and
I'm
like
so
privileged
and
so
honored,
to
be
part
of
this,
to
help
Eric
realize
his
vision
to
help
Peter
and
Anusha
realize
their
vision,
and
you
know
the
Casper
technology
being
the
the
backbone
behind
that
to
support
this
initiative.
So
I'm
really
excited
to
be
here
today.
L
Fantastic
I
think
we
have
a
what
do.
N
L
H
L
L
Yep
beautiful-
let
me
just
get
to
this,
which
is.
N
Worse,
yep,
exactly
right,
you
want
to
start
out.
I
can
absolutely
start
out,
so
you
know
we're
talking
about
you
know.
Obviously,
Wolf's
research
is
around
Dao's
right,
decentralized,
autonomous
organizations
and
the
fundamental
you
know,
underlying
infrastructure
of
that
is
being
able
to
participate
and
vote,
earn,
reputation
and
being
able
to
contribute
in
a
in
many
meaningful
ways
right,
not
just
in
a
single
way
but
in
multiple
ways,
and
so
what
you
see
on
the
slide
here
is.
These
are
all
the
dimensions
that
will
be
supported
in
this
on
chain.
N
What
we're
calling
it
Dao
infrastructure
that
will
be
the
backbone
of
the
xprize
community
globally,
right
so
they'll
be
able
to
donate
on
a
prize,
they
can
share
expertise
or
expert
opinions
and
they
can
amplify
right
as
well
as
even
participate
in
the
prizes
and
so
right
now.
N
This
is
a
much
more
closed
loop
system
and
and
when
Anusha
and
Peter
mentioned
about
wanting
to
open
this
up
to
the
world
right,
they
want
then
entire
experts
from
all
over
the
world
to
participate
and
share
their
opinions
on
which
prizes
can
be
either
nominated
or
voted
on
they're
the
most
suitable
to
to
solve
our
real
big
problems
and
then
to
have
the
community
vote
on
what
they
believe
is
important
right.
You
know:
do
you
care
more
about
clean
energy
or
clean
water?
L
O
Yeah,
so
I
have
a
belief
that
people
care
about
things
they
can
impact
and
historically
what
xprize
has
done
is
we've.
You
know
had
meetings
with
individuals
at
the
top
tech
companies
or
you
know,
a
variety
of
philanthropic
billionaires
and
we
brainstorm
with
them.
What
did
they
want
to
solve
or
what
prize
we
wanted
funded
and
we
would
get
those
funded
then
we'd
ask
the
world
to
you,
know
to
solve
it
and
we
would
basically
have
individuals
form
teams
and
go
after
the
competitions.
O
You
know
the
100
million
dollar
prize
that
that
we
got
Elon
to
fund
for
gigaton
carbon
removal.
We
had
thousands
of
teams,
you
know
pre-register
and
I
think
1200
teams
register
for
that
competition,
which
is
great,
but
we're
only
using
the
crowd.
If
you
would
we're
only
using
Community
for
a
a
segment
which
is
the
solution,
and
there
is
so
much
more
and
as
it
was
on
a
graphic
helmetric,
it's
still
up,
you
know
what
we
really
want
to
do
is
ask
the
world
to
ideate.
O
What
is
the
problem
that
they
most
want
solved
and
then
you
know
really
come
up
with
prize
ideas
so
that
we
have
hundreds
of
ideas
every
year
to
down
select
from
we'll
use
a
group
of
experts
to
make
sure
that
no
one's
breaking
the
laws
of
physics
and
that,
in
fact,
you
know
the
science
and
the
technology
behind
the
prize
guidelines
and
rules
are
solid,
but
then
having
the
having
the
community
also
be
able
to
say,
I
love
that
prize
I'm,
going
to
contribute
my
10
bucks
or
100
bucks
to
the
10
million.
O
That's
there
to
rise.
You
know
to
raise
the
amount
of
capital
in
purse
is
the
next
part,
but
in
having
the
world,
if
we
have
10
different
prize
ideas
allowing
the
world
to
vote
on,
you
know
all
10
are
viable.
O
All
10
are
needed,
but
which
is
the
one
that
is
the
most
important
from
a
Global
Perspective,
enabling
folks
to
vote
on
that
and
then
in
the
process
of
of
their
voting
being
able
to
get
data
from
that
to
see
by
geography
by
age
group
who
want
onto
which
problem
solve
that's
fascinating
for
us.
But
then,
when
surprise
gets
going,
we
truly
want
to
get
the
teams
competing
for
these
prizes,
whether
it's
you
know
50
teams
or
500
teams.
O
We
want
to
get
a
fan
base
supporting
them
where
the
public
can
get
involved
at
some
level.
Just
like
we
do
in
sporting
events
and
really
create
an
engine
that
accelerates
the
rate
at
which
prizes
are
identified,
designed
funded,
launched
and
awarded.
L
Thank
you,
Eric
you've,
just
gotten
off
a
little
small
project
supporting
with
vatam
Pepsi
as
it
took
over
and
you
created
the
world.
The
metaverse
for
the
World
Cup
bottom
wallets
and
Technology
lived
on
250
million
bags
of
Frito-Lay
and
Pepsi
products.
U
Well,
it's
a
good
question
Tony.
Let's
not
forget
that,
ultimately
we're
talking
about
empowerment
of
the
individuals.
Yes,
we're
talking
about
communities
and
yes,
we're
talking
about
the
impact
that
communities
can
have
on
Humanity,
but
at
the
base
level,
the
most
basic,
primitive
that
we're
looking
to
empower
is
the
individual.
You
can't
be
in
a
community
unless
you
are
someone
recognized
in
that
one
of
the
fundamental
shifts
that
we're
going
to
see
as
we
move
to
this
notion
of
web
three.
U
Is
this
idea
of
self-sovereign
identity,
the
idea
that
we're
taking
power
back
of
our
own
data
and
of
our
own,
therefore
of
the
freedom
for
how
we're
going
to
be
represented
in
the
world
who's
going
to
interact
with
us
and
on
what
basis?
So
this
is
at
the
core
of
this
type
of
initiative
right
and
at
the
core
of
this
exact
initiative.
So
once
you
have
this
idea
of
a
person,
you
can
now
have
this
idea
also
of
true
ownership,
not
only
of
your
data
but
of
the
digital
objects
that
you
possess.
U
The
next
generation
of
nfts
in
the
this
context
are
really
going
to
go
back
to
the
beginning
of
what
we
had
hoped
to
see
in
the
world
in
2015
when
we
first
introduced
these
Concepts,
not
around
speculation,
not
around
the
greater
fool
theory
of
who's
going
to
own
this
and
get
stuck
holding
the
bag.
That's
not
the
idea.
U
The
idea
is
about
engagement,
it's
about
using
these
types
of
objects
to
perhaps
signify
achievement
for
token
giving
to
next
levels
of
access
within
the
community
for
reputation
for
engagement,
gamification
principles
Etc,
so
the
tokenization
of
these
communities
starts
to
play
out
in
a
wide
variety
of
ways.
Once
you
have
this
base
of
self-sovereign
identity,
then
on
top
of
that,
you
have
this
next
level
of
Engagement
of
how
we're
going
to
empower
people
to
know
one
another.
The
difference
between
our
digital
lives
and
our
physical
lives
is
very
pronounced.
U
Today,
we
think
of
the
internet
and
the
information
that
we
get
back
and
forth
within
it
as
completely
separate
from
the
people
places
and
things
within
the
world
that
we
live,
but
what's
happening
now
and,
and
this
project
I
think
will
help
accelerate.
That
is
we're
going
to
start
to
break
down
those
barriers.
Our
digital
and
physical
lives
are
going
to
be
more
seamlessly
intertwined
the
people
places
and
things
of
how
our
brain
recognizes.
What's
real,
are
now
going
to
start
to
come
to
fruition,
Within
These
social
online
communities.
U
So
what
we're
doing
here
with
Express
and
with
Casper,
is
we're
creating
a
foundation
not
just
for
Express
but
as
Anusha
said
for
all
communities
that
want
to
then
take
this
lead
and
then
start
to
adopt
these
same
tools
that
will
be
in
the
open
source
community.
So
it's
a
really
very
powerful
concept
at
the
heart
of
it
also
is
just
to
be
very
clear.
Is
the
ability
to
be
paid
right?
U
You
can't
just
donate
your
time
and
your
act,
your
your
energy
and
your
activity
and
leave
behind
the
real
world,
which
is
the
the
ability
to
make
a
living.
So
also
at
the
heart
of
a
of
a
decentralized
identity
and
a
universal
wallet
that
can
come
from,
that
is
the
ability
to
get
paid
for
a
unit
of
work
or
unit
of
expression,
and
that's
also
going
to
fundamentally
democratize
the
ability
for
people
all
over
the
world
to
contribute.
U
So
it's
not
just
about
voting
and
participation,
it's
about
getting
paid
and
earning
your
living
within
these
communities
so
that
they
become
just
as
important
online
as
they
are
offline
and
I.
Think
that's
the
fundamental
ingredients
that
we
have
to
understand
and
the
impact
that
we
hope
to
have
here.
L
Eric,
are
you
sure
about
this
very
sure,
well,
literally
in
a
minute
or
two
and
in
the
simplest
kindergarten
way,
what
happens
to
communities
that
scale
or
fail?
What
are
the
key
tenants
and
core
tenants
of
a
decentralized
governance,
Dao
system
that
we're
putting
into
play
and
solving
these
Community
scale
problems.
H
Okay,
so
let's
take
one
of
those
scientist
communities
that
are
coming
out
of
the
X
prize
price
price
environment
and
coordinating
through
the
Menagerie
voting
engine.
So
there
is
a
non-boarding
process
that
involves
Merit
and
and
onboarding
based
on
a
merit
right
so-
and
this
is
just
one
example
of
different
communities
that
we
can
build
for
and
with
xprize.
So
these
these
scientists
they're
coming
they're
now
getting
equipped
with
voting
rights
in
a
given
community
and
those
voting
rights
are
not
purchasable
right.
You
cannot
buy
Power
in
these
communities.
H
You
have
to
earn
power.
You
know
you
earn
power
through
Merit
and
so
there's
a
community
audit
on
your
output.
There's
a
community
audit
of
your
Merit
and
through
the
community
audit
onboarding
of
of
your
Merit,
the
the
the
core
functionality
of
this
of
this
Community
revolves
around
voting
and
staking
reputations
and
again
these
are
not
fungible
and
we
have
two
rounds
of
voting
I'm
not
going
to
go
into
the
technicalities
but
okay.
H
But,
as
Eric
said
it's
about
long-term
earning
opportunities.
My
buddy
wanting
to
work
with
people
you
respect
based
on
their
Merit,
but
also
being
paid
in
these
communities
and
earning
a
living
together.
Beautiful
and.
L
So
yeah
so
do
we
have
q
a
after
this
a
few
minutes
or
we're
going
to
be
out?
Oh
so,
just
real,
quick
in
in
wrap
up
and
we'll
have
a
room
for
a
couple
questions.
It's
an
audacious
goal
with
amazing
people
that
are
around
Casper.
My
company,
ramprate
I've,
had
them
we've
all
bet
on
Casper
as
having
the
technology
to
bring
this
to
life
and
to
grow
this
into
reality
over
the
summer.
L
V
Thank
you,
so
much
Tony
is,
is
pizza
still
with
us.
He
is
all
right,
Peter
good
to
see
you
it's
Lucy
in
here
nice
to
see
you
at
these
interwebs,
so
Peter
I.
This
to
me
is
this
amazing
Quantum
Leap
for
X
prize
from
what
could
be
described
as
a
finite
game
into
sorry
Peter
rather
than
Eric
I'm,
not
sure
it.
N
V
V
V
So,
with
X
prize
being,
if
you
like
somewhat
of
a
finite
game
and
that
it
creates
a
competition
where
there's
there's
a
winner,
there's
winners
and
and
those
people,
then
don't
win,
whereas
this
strikes
me
that
this
is
a
major
leap
into
the
infinite
game
territory.
Certainly
a
bridge
between
the
two,
where
everybody
that
contributes
value
is
a
winner
in
us
all,
winning
which
really
aligns
things
so
I.
I
love
your
perspective
on
there's
a
there's,
something
we're
bringing
into
the
up
games.
That
is
called
a
star
Bond
and
it's
imagine.
V
We
could
create
a
outcome
based
Financial
instrument
that,
instead
of
coming
from
today
towards
the
future,
could
come
from
the
future
to
pull
the
present
towards
it
and
I'd
love
your
thoughts
on
how
this
ecosystem
could
actually
finance
a
completely
new
Direction
in
the
flow
of
money,
instead
of
going
from
the
present
towards
the
future
coming
from
the
future
to
bring
the
present
there.
Thank.
O
You
I,
I,
yeah,
I,
know
I,
I
love.
That
idea
and
I'd
also
invite
Eric
on
on
this
conversation.
O
But
if
it,
if
it's
true
in
success
that
X
prizes
are
catalyzing
a
solution
that
has
a
breakthrough
potential
in
creating
new
markets,
then
then
in
fact
we're
creating
real
value
in
the
future,
and
the
question
becomes:
how
do
we
create
an
engine
economic
engine
that
is
reaching
out
into
the
future,
solving
a
problem,
getting
the
benefits
of
that
future
solution
and
being
able
to
bring
those
economic
benefits
forward
to
fuel
an
even
faster
solution
forward?
So
we've
talked
about
this
at
some
length.
O
The
work
we're
doing
in
Dev,
X
Dow
right
now,
with
with
return
Tony
ramp
right,
Wolf,
the
whole
team
there,
that
is,
is
our
first
step,
I
think
an
economic
engine
that
is,
you
know,
tossing
up
a
problem
and
nailing
it
solving
it
is,
is
important,
I
mean
you
know,
just
think
about
it.
From
a
business
perspective,
the
efficiency
of
prizes
are
are
huge,
you
only
pay
the
winner
and
when
there
is
a
winner,
it's
got
tremendous
value.
You
know
imagine
in
in
business.
O
If
you
know
you
only
paid
after
your
company,
you
know
had
successful
launch
of
their
new
technology.
I
mean
it'd,
be
amazing.
So
anyway,
Eric
do
you
want
to
add
to
that.
U
I
I
couldn't
agree
more
I,
just
add
only
that
it's
kind
of
ironic
I
think
in
this
context,
where
xprize
is
bringing
together
people
to
solve
Humanity's,
great
challenges,
and
yet
here
we
have
an
opportunity
to
create
an
engine
of
for
the
next
generation
of
growth
for
xprize.
That
itself
could
very
well
be
a
breakthrough
that
will
affect
Humanity
itself,
so
it's
not
only
the
the
prizes
themselves,
but
this
underlying
governance
engine,
this
concept
of
Next
Generation
Community,
really
will
have
far-reaching
implications
and.
D
U
To
this
idea
of
an
economic
engine
that
ultimately
shifts
this
concept
of
how
people
earn
a
living
to
a
completely
different
way
where
they
can
connect
around
the
things
that
they
enjoy,
the
things
that
they
love
and
the
causes
that
they
care
about
and
then
Express
themselves
in
a
wide
variety
of
ways
and
actually
get
paid.
It
will
shift
how
philanthropy
is
done.
It
will
shift
how
communities
are,
are
not
only
managed,
but
what
kind
of
communities
are
built
so
I
think
yeah,
so
I'll
Echo.
L
W
Hello,
yeah,
very
quick
question:
I!
Guess
it's
for
meta
with
the
scope
of
of
what
you're
describing
here,
it's
basically
a
total
addressable
Market
of
humanity
right
it
has
the
potential
of
creating
hundreds
of
millions
and
billions
of
possibly
new,
wallets.
I
assume
this
is
targeting
the
Casper
public
network.
N
X
Hi,
thank
you
so
much
for
a
wonderful
brief.
Given
the
fact
this
environment
is
full
of
amazingly
conscientious
and
conscious
investors
is
there
an
opportunity
for
investment
houses
to
approach
you
to
support
some
of
the
others
that
aren't
just
the
winner?
If
this
is
potential
a
hub
of
great
ideas
and
great
Innovations
and
they're
always
looking
for
them,
so
to
be
able
to
use
this
as
an
opportunity
to
have
a
hub
for
that.
R
Absolutely
I
we
always
want
we.
We
don't
think
that
there's
only
one
winner,
all
of
our
teams
end
up
with
Technologies.
One
may
be
able
to
demonstrate
it
faster
and
sooner
than
others
to
win
a
prize,
but
every
one
of
them
continue
to
work
with
us
to
our
alumni
program.
We
actually
connect
them
with
the
investment
Community.
R
We
welcome
the
investment
committee
and
and
help
connect
the
two,
because,
ultimately,
in
order
to
really
make
a
drastic
change
and
impact,
and
you
need
more
than
one
Innovation
meter
in
order
to
have
a
market,
you
have
multiple
players,
so
we
we
go
through
multiple
stages
to
get
to
like
the
best
teams.
Usually
we
have
the
top
10
or
top
five,
and
all
of
them
are
the
viable
companies
with
rival
Solutions.
And
yes,
we
definitely
would
welcome
anyone
who
wants
to
connect
with
them
and
be
facilitating
I'm.
L
Happy
to
say
that,
well,
my
role
is
best
as
a
moderator,
I'm
thrilled
to
have
rampant
my
company
help
manage
and
do
the
reporting
and
measurement
of
the
impact
outcomes
that
this
project
has
and
so
to
everyone
in
the
universe
and
outside
of
the
universe.
Let's
watch
this
on
YouTube
I.
Thank
you
for
joining
us
watch
us
fly.
Thank
you
for
being
on
this
journey
have
a
beautiful
day.
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A
Welcome
back
for
Block,
two
of
today's
programming
again,
the
topic
for
today
is
the
futurist
Forum
we're
taking
a
look
at
where
we
are
headed
as
an
industry.
We're
kicking
off
block
2
with
the
topic
nfts
and
the
worlds
we
live
in
with
the
perfect
fireside
chat,
I
would
say:
taking
a
look
at
rethinking
nfts
a
new
store
of
value.
This
particular
session
is
moderated
by
Michael
doback
CMO
at
Casper
Labs.
He
is
joined
on
stage
by
Noel
Reno
CMO
of
smart
media
Technologies,
as
well
as
Shana
kanzan
consultant
for
animoka
Brands.
A
He
was
supposed
to
be
joined
on
stage
as
well
by
Stefan
kunsley,
the
chief
digital
officer
for
Switzerland
tourism,
but
unfortunately,
Stefan
is
sick.
This
happens
it's
winter
time,
but
nonetheless
he's
here
in
spirit,
so
we
very
much
look
forward
to
sharing
the
following
panel
with
you
all.
Let's
give
them
a
very
warm
welcome.
AA
Thank
you,
Tracy
Tracy
does
an
amazing
job
keeping
us
on
time,
so
we've
got
10
minutes
and
the
theme
of
our
talk
is
to
really
talk
about.
What's
happened,
the
last
12
months
in
this
seismic
shift
and
the
way
we've
looked
at
nfts,
you
know
moving
away
from
hype
and
speculation
to
real
utility
we've
seen
so
much
Innovation
happen
for
good
through
Enterprises,
with
with
Brands
governments
using
those.
AA
AB
Thank
you,
hi
I'm,
Noelle,
I,
look
after
the
marketing
at
smart
media
Technologies
we're
an
Enterprise
web
free
platform,
and
what
that
means
is
that
we're
building
the
technology?
That's
enabling
a
lot
of
these
Amazing
Ideas
to
happen
allowing
the
utility
of
nfts
to
to
come
through.
So
our
SAS
platform
allows
our
Enterprise
clients
to
move
in
to
web3
in
a
very
secure
lowest
way
over.
AC
AA
AC
AC
I
am
also
the
founder
of
London
women
leading
web
3,
which
is
the
first
legally
Incorporated
Dao
in
the
UK,
and
it's
a
peer-to-peer
Network
for
c-level
women
in
web3
and
I
am
also
a
proud
rug.
Radio
host
I
don't
know
if
anyone
in
the
audience
knows
reg
radio
I
can
see
a
few
people
nodding.
True
web
3D
done
then,
but
yeah
I
work
with
rug.
Radio
as
well,
which
is
a
premier
Media
company
in
web3,.
AA
Excellent,
so
we're
going
to
kick
off
one
of
the
great
values
of
nft
technology
are
smart
contracts.
Is
that
ability
to
connect
one
to
one
with
a
customer,
a
fan,
a
citizen,
and
so
the
way
in
which
Hana
is
working
with
tinytap
and
she's.
Going
to
talk
to
this
is
how
she's,
using
these
platforms
to
help
and
send
teachers,
create
content,
better
content
for
education
and
their
students.
So
what
why?
Don't
you
unpack
that
and
talk
a
little
bit.
AC
More
yeah,
so
the
Project's
really
interesting
on
a
number
of
levels.
So
tinytap
is
a
very
successful
web
2
platform,
so
it
is
already
making
money
it's
in
the
top
10
highest
grossing
educational
technology
platforms
across
all
the
all
the
platforms
and-
and
it's
doing
really
well
and
its
main.
Its
main
background
is
that
it
empowers
teachers
to
create
content
and
the
teachers
earn
Revenue,
so
they
earn
their
own
Revenue
through
generating
content,
which
is
very
much
like
the
Creator
economy
of
the
nft
art
systems
and
other
systems.
AC
So
it
was
recently
acquired
by
animoker,
because
yat's
vision
is
very
much
to
really
disrupt
education,
as
we
know
it
he's
always
talking
about
digital
property
rights
and
how
the
whole
world
is
going
digital,
and
that
includes
education
and
using
tinytap.
We
started
to
think
about
how
we
were
going
to
transform
this
web
to
into
web3
bringing
really
really
value
to
the
ecosystem
and
utility.
AC
So
we
we
put
them
on
openc,
we
didn't
auction
and
we
sold
the
nfts
for
three
times
their
value
generating
because
they
are
actually
a
digital
store
of
value.
They
are
a
digital
asset
class,
so
the
investors
buying
these
nft
courses
became
co-publishers
and
the
nfts
is
actually
a
new
style
of
nft
called
a
publisher
nft,
which
was
coined
by
animoker.
AC
So
what
does
that
mean?
The
investor
becomes
a
co-owner
of
the
property,
so
the
Creator,
the
teacher,
creates
the
content.
The
investor
then
helps
publish
that
content.
It's
their
responsibility
to
help
publish,
of
course,
tinytap
helps
with
that
as
well
and
through
doing
that,
it
avoids
becoming
a
security.
AC
So
it
is
an
asset
that
generates
a
steady
return,
almost
like
a
stable
coin
in
terms
of
apy,
so
it's
generating
about
20
API
year
on
year,
as
the
company
grows.
Obviously
the
valuation
will
grow.
So
it's
a
steady
investment
from
investors.
The
teacher
is
getting
a
payout,
a
big
payout
which
is
supplementing
their
salary
and
incentivizing
them
to
create
more
meaningful
content
and
the
students
are
getting
better
content.
AC
The
parents
are
getting
more
value
for
their
money,
so
this
whole
ecosystem
and
infrastructure
is
really
a
win-win-win
for
every
single
area,
every
single
type
of
investor
in
this
chain
and
is
disrupting.
We
feel
education
and
there's
a
lot
more
to
come,
got
a
lot
of
other
plans,
but
the
auctions.
We
had
two
auctions:
these
were
experimental.
They
both
sold
out.
They
were
the
top
10
in
open
sea
and
this
was
in
the
bear,
bear
market.
So
the
auctions
were
in
November
and
December.
AC
AA
Amazing
use
case,
so
education
is
seeing
how
digital
assets
are,
helping
transform
that
moving
to
Stefan
obvious.
He
could
not
make
it,
but
smt
worked
with
Swiss
tourism
and
Stefan
to
do
a
fantastic
tourist
engagement
to
help
Propel
people
through
Switzerland
and
see
all
of
the
the
great
sites.
So
we
have
a
video
we're
going
to
show
but
Noelle.
If
you
want
to
set
up
what
the
activation
was
and
then
we
can
step
them
through
what
they're
going
to
see
on
the
the
screen
and
we'll
roll
the
video.
AA
AB
AA
AB
Fantastic,
so
Swiss
tourism
already
had
a
campaign
up
trying
to
drive
travelers
to
parts
of
the
country,
so
we
just
gamified
it.
Basically,
so
through
our
our
two-click
proprietary
wallet
experience,
users
Travelers
were
able
to
download
was
probably
their
first
wallet
and
they
were
able
to
see
where
tokens
were.
Draw
dropped
across
Switzerland
go
to
those
tokens,
collect
memorabilia,
correct
points,
and
all
of
this
was
a
benefit
for
Swiss
tourism,
but
also
a
benefit
for
the
consumer.
AB
The
consumer,
I
guess
explored
areas
that
they
might
not
have
explored
before
they
were
able
to
be
redeemed
for
their
engagement
and
possibly
for
their
conversions
through
points,
and
those
points
could
be
laddered
up
into
a
pool
where
they
could
receive
benefits
or
prizes
from
partners
and
I.
AB
Think
what's
wonderful
about
this
is
we're
looking
at
nfts
as
a
way
to
incentivize
Behavior
as
a
way
to
reward
it
and
a
way
to
also
I
guess
kind
of
gamify
our
everyday
life
in
a
way
that
adds
more
value
not
only
to
the
user,
but
also
to
Switzerland,
as
people
have
a
more
rewarding
experience.
They'll
probably
talk
about
it
more
when
they
go
home.
They'll
probably
come
back
again,
so
I
think
it's
really
exciting
using
our
Tech,
how
we
are
in
a
enabling
this
utility,
which
basically
creates
new
value
for
nfts.
AB
AA
AA
So
we
have
a
one:
it's
about
a
one
minute:
video
you'll
see
it
on
the
screen.
Basically,
what's
going
to
happen,
I'm
familiar
with
the
technology,
so
I'll
just
step
you
through
it
you'll
see
how
the
wallet's
set
up
you'll,
see
the
badges
the
tokens
on
the
map,
then
you'll
see
them
in
AR.
So
you
actually
have
this
really
seamless
and
again
you
can
experience
it
upstairs
where
you
go
into
air
and
you
can
see
these
floating
around
and
you
can
grab
them
and
then
go
into
your
wallet
and
then
you
collect
them.
AA
So
that
was
the
pilot
and
then
talking
to
Stefan
the
other
day.
The
next
step
iteration
is
to
to
bring
in
Partners
so,
whether
that
be
local
restaurants,
then
they
could
add
incentives
and
and
draw
people
to
the
rest
as
it
could
be.
Car
companies
travel
companies,
hotels.
So
so
it's
really
just
the
start
of
of
that
engagement.
AA
Smt.
Also,
though,
works
with
a
lot
of
well-known
Brands
Verizon.
You've
done
some
phenomenal
things
with
Vodafone
as
well,
so
going
back
Ben
and
Jerry's
Unilever.
Why
don't
you
talk
a
little
bit
about
how
you're
working
with
Brands
to
help
with
customer
engagement
and
rewards
yeah.
AB
Exactly
that,
so
we
actually
call
ourselves
an
engagement
and
loyalty
platform
we're
powered
by
web3,
but
what
we
really
do
is
we
help
Brands
whatever
they
might
be
in
whatever
sector
Drive,
deeper
engagement
and
true
loyalty
with
their
customers
to
doback's
point.
Actually,
this
week
our
CEO
has
been
on
the
New
York
Stock
Exchange
he's
been
leading
a
panel
with
Visa
at
NRF,
which
is
a
huge
retail
convention.
Talking
through
these
use,
cases
and
I
think
what's
really
powerful
about
smt
is
that
we
are
activating
it's
not
Theory.
AB
We
actually
have
practical
activations
in
practice,
and
one
in
particular,
which
you
touched
on
Vodafone
is
really
interesting
interesting.
So
it's
a
little
bit
of
the
same
flow
that
you
just
saw
with
the
Swiss
tourism
app.
What
you'll
see
if
you
go
upstairs
and
enter
in
the
medicast
experience,
and
so
what
it
is,
is
driving
people
through
a
so
it's
a
web
app
right
while
it's
in
a
web
app
we're
driving
people
to
go
and
collect
tokens.
AB
Those
tokens
have
surprises,
so
this
is
all
through
through
Vodafone,
and
it
happened
during
the
Christmas
period,
which
any
marketer
in
this
room
will
know,
is
the
busiest
most
expensive
time
to
activate
so
what
we
did
is
people
came
into
the
wallet
experience.
They
could
collect
tokens
in
AR.
Those
tokens
could
be
redeemable
for
prizes
for
experiences
or
they
could
just
be
kept
as
memorabilia,
which
interesting
enough
people
love
to
own
and
collect
things
in
doing
this
exercise.
AB
AA
AB
AA
All
right,
well,
listen!
Thank
you
so
much
for
your
attention
again.
If
you
scan
upstairs
The,
Cask
or
there's
also
a
screen
that
has
the
whiskey
giveaway,
you
can
experience
it
firsthand
and
have
a
chance
to
win
prizes.
So
thank.
A
Let's
give
a
hand
to
our
panel
as
they
head
off
the
stage.
One
of
the
things
that
has
become
clear
over
the
last
couple
of
days
is
that
we
are
currently
in
transition
right
from
web
2
to
web
3.
A
You
might
say,
and
our
next
keynote,
as
well
as
our
next
panel,
we'll
take
a
look
at
one
sector
or
one
industry
in
particular,
highlighting
fashion
I'm,
very
pleased
to
Welcome
to
the
stage
Andrea
Abrams,
founder
and
chief
of
strategy
for
Fiji
code
and
Faith
tribe
she'll
be
taking
a
look
at
the
transition
from
web
2
to
web
3.
How
the
marriage
of
off
chain
and
on
chain
will
change
fashion
and
retail
forever.
Let's
give
Andre
a
very
warm
welcome.
AD
AD
AD
I
was
here
for
summer
Davos
and
it
was
very
different
and
we
were
just
kind
of
reacting
to
what
was
happening
with
an
extraordinary
adoption
in
the
fashion
industry
of
web3,
but
it
was
soon
after
the
war
when
Ukraine
and
there
were
a
lot
of
things
affecting
the
conversation,
it's
great
to
be
back
with
so
many
familiar
faces,
and
that
tells
a
little
bit
of
the
story
of
where
we
are
in
the
Fashion
retail
industry,
I'm,
surrounded
here
by
people
who
are
not
in
my
company.
AD
But
there
are
all
these,
ladies,
that
we've
known
each
other
through
web3
in
the
last
two
years
or
part
of
a
book
together,
and
it's
amazing
this
year,
I'm
following
a
panel
of
ladies.
So
one
of
the
things
that
I
I
wanted
to
touch
on
this
year
a
little
bit
more.
AD
Last
year
we
talked
about
nfts
right
for
fashion,
and
you
see
all
the
things
in
the
news,
but
one
of
the
things
that
we
don't
talk
about
enough
is
sort
of
the
relationship
about
chain
enough
chain
when
it
comes
to
the
actual
industry
that
we're
in
the
business
of
fashion,
so
I
always
like
to
start
with
some
basic
stats
that
that
shock,
the
people
in
the
industry
that
I
work
with
so
in
the
next
minute,
while
I'm
talking
Amazon
customers
and
I,
will
read
it
because
I
have
not
memorized.
This
we'll
spend
283
000.
AD
In
one
minute,
12
million
people
will
send
an
iMessage
six
million
people
will
shop
online,
slack
users
will
send
148,
000
messages,
YouTube
will
live
stream,
694,
000,
videos
and
Instagram
users
will
share
69,
65,
000
photos
and
so
on,
and
on
I
mean
there
are
a
lot
of
platforms.
I
I
did
not
mention
on
this
list,
but
the
reason
I
put
this
list.
AD
There
is
because
sometimes
in
the
fashion
industry-
and
if
you
were
here
last
year-
and
if
you
watched
our
last
video,
there's
a
little
bit
of
resistance
right,
we
don't
need
this.
Why
do
I
need
the
new
technology
and
the
reality
is
that
our
lives
are
already
online
and
web
2
has
permeated
every
aspect
of
our
life
and
how
we
market
and
how
we
use
fashion
I
think
this
is
a
very
tech
savvy
audience,
but
for
everybody
who
is
live
streaming
today,
you
know
it's
really
important
to
understand.
AD
On-Chain
transactions
refer
to
transactions
that
are
recorded
and
verified
on
blockchain,
so
we
do
want
to
create
a
lot
of
Education
in
our
industry
about
what
it
means
to
be
on
chain
and
that
education
was
skipped
a
little
bit
when
everybody
decided
that
nfts
were
a
way
to
Market
a
brand,
because
there
was
a
lack
of
understanding
of
what
it
was
to
use
those
tokens
on
shade.
One
part
of
that
transition
into
you
know
from
web
2
to
web
3
of
being
Unchained.
AD
Is
this
whole
idea
of
transactions
that
provide
direct
communication
between
the
owner
of
the
brand
and
the
consumer
or
the
Community
member?
And
this
is
really
really
important,
because
we're
going
to
talk
about
the
Creator
economy
and
the
power
that
on-chain
activities
give
to
to
to
the
author?
Something
we
don't
have
with
with
web2
one
of
the
things
that
people
ask
me
all
the
time
when
I
talk
to
CEOs
of
fashion
brands
and
you'll
meet
my
partner.
Soon,
we
own
a
brand
ourselves.
Is
you
know,
are
there
any
companies
using
blockchain?
The
reality
is
yes.
AD
Anybody
who
has
an
nft
project,
but
also
blockchain
technology,
is,
is
being
used
by
some
Brands
to
protect
against
counterfeiting,
which
was
one
of
the
original
purposes
of
blockchain
that
I
loved
after
20
years
in
the
fashion
industry,
it's
there
to
support
supply
chain,
so
I
got
I
started.
Investing
in
blockchain
in
2018,
when
an
incubator,
I
had
co-founded
was
looking
for
investments
in
the
retail
takes
place
mostly
to
solve
problems
in
inventory
management,
which
is
a
big
problem
in
the
fashion
industry.
AD
Obviously,
blockchain
technology
is
very
good
for
marketing
and
we've
seen
a
lot
of
that
during
the
pandemic,
and
it's
really
good
for
exchange
of
luxury
goods,
something
that
will
probably
touch
on
more
in
the
next
conversation.
But
you
know
the
whole
idea
of
trust
when
you're
returning
in
a
luxury
item,
a
diamond
that
Trace
civility.
That
authentication
is
really
important.
AD
One
of
the
things
I
wanted
to
talk
about
is
web.
One
into
Web,
Two
I
had
the
pleasure
of
being
in
the
retail
industry,
with
the
largest
Real
Estate
Investment
Trust
owner
of
retail
space
in
the
United
States
in
the
90s,
when
e-commerce
started
to
take
over
and
one
of
the
things
that
we
realized
with
Webb
wine
is
that
it's
mostly
consisted
of
read-only
websites
read
online
content,
so
the
consumers
were
consuming,
something
that
was
created
by
the
coders
behind
the
platform.
AD
So
the
creators
of
the
content
that
we
were
consuming
was
all
mostly
engineers
when
whip
2
came
into
the
scene
in
the
early
2000s
into
the
mid-2000s,
the
internet
became
more
interactive
and
for
the
first
time
we
all
felt
that
we
could
create
our
own
content.
I
mean
Grandma's
posting
pictures
on
Facebook
and
they
were
creators
right,
except
that
that
Creator
could
only
control
the
content
that
they're
putting
into
somebody
else's
platform,
but
they
don't
really
control
what
happens
to
that
content.
So
many
of
you
probably
have
been
hacked
at
some
point.
AD
AD
One
of
the
things
that
I
like
to
talk
about
when
we
talk
about
the
transformative
power
of
web3
for
fashion
is
the
fact
that
we
are
creating
this
ecosystem
of
creators
that
are
also
going
to
be
the
consumers
and
we
don't
call
ourselves
consumers
anymore.
It's
community,
so
we've
taught
Brands
how
to
rethink
the
relationship
that
that
on-chain
activity
is
given
with
their
community
and
it's
not
a
relationship
of
you.
AD
Buy
I,
sell,
You're,
My,
Consumer
I
count
the
stats,
but
I
need
to
approach
loyalty
in
a
different
way,
with
trees
known
as
the
semantic
web.
Why
is
that?
Because
it
centers
on
that
capability
of
machines
to
read
and
interact
with
content
in
a
way,
that's
more
the
way
we
interact
with
the
content,
but
it's
also
because
it
gives
the
power
of
the
platform
to
the
owners
and
and
to
the
individual
that
created
that
content.
AD
We
also
like
to
talk
I
like
to
tell
fashion
brands
that
I
don't
like
to
talk
about
nfts
or
web3,
or
blockchain
or
metaverse
for
that
matter.
When
we
start
the
conversation,
because
it's
really
about
the
spatial
web
right,
so
we've
been
in
a
in
the
air
of
the
internet,
we've
had
several
iterations
of
the
internet
and
what
I
like
about
calling
it
The
spatial
web
is
because
it
emphasizes
this
shift
in
experience
from
an
end
user,
transferring
interaction
with
information
away
from
the
screens
and
More
in
an
interactive
way.
AD
AD
They
still
are
very
proud
of
their
fashion,
but
then
there
is
the
digital
information
layer
and
then
there
is
the
spatial
interaction
layer
in
that
spatial
layer
is
I.
Think
what's
going
to
be
transformative
in
2023
is
when
you're
going
to
start
seeing
a
little
bit
more
of
AI.
Some
of
you
have
seen
some
digital
activations
with
Holograms.
It's
the
idea
of
not
saying
digital
plus
physical,
which
is
a
lot
of
what
we
saw
in
2021
and
2022,
but
rather
combining
them
together.
AD
One
of
the
things
that
I
like
to
talk
about
is
infrastructure.
Why
is
infrastructure?
So
important
is
because
there
are
a
lot
of
things
we
wanted
to
do
with,
even
when
we
enter
web
2
that
we
couldn't
do
we
couldn't
stream
Netflix
type
of
content
on
a
dialect
connection,
so
we
would
dream
about
things
and
we
waited
for
the
technology
to
happen.
So
if
you
look
at
the
chart
that
I
put
on
the
screen
with
web
2,
there
was
a
little
bit
more
sophisticated
infrastructure.
You
have
the
touch
screens.
AD
We
now
have
cloud
computing,
so
we
have.
You
know
a
little
bit
more
strength
of
what
we
do,
but
the
infrastructure
there
is
still
not
the
kind
of
infrastructure
you
need
for
the
kind
of
spatial
web
that
we
talk
about.
So
when
people
ask
me
different
panels,
Tech
panels
fashion
panels.
What
I
think
is
the
word
for
the
next
three
five
years.
AD
We
need
you
because
we
need
the
infrastructure
development
that
we
got
from
Amazon
the
ecosystem.
Enablers.
We
need
the
infrastructure,
that's
going
to
make
all
of
the
wearable
technology
AR
VR
iot
possible.
Otherwise,
a
lot
of
what
we
dream
about
is
very
fragmented.
AD
I
I
want
to
talk
about
very
quickly
three
points
to
adoption.
One
is
we're
not
in
weapon
three
we're
in
2.5,
so
we
need
to
embrace
the
transition
and
a
lot
of
what
you're
gonna
hear
about
later
is
about
this
transition
and
the
people
building
the
transition
and
the
education
web
2
is
blending
with
web3
and
that's
the
only
way
where
this
is
going
to
be
successful
and
the
infrastructure
enablers
are
gonna
come
and
some
of
them
are
gonna
go
and
that's.
Okay.
We
sell
that
in
web
1
and
web
2..
AD
Really
quick
I
want
to
give
you
my
takeaways
from
2022
and
I
want
to
give
you
some
hope
for
2023.,
so
in
our
industry,
in
2022,
Brands
started
to
adopt
the
technology
with
a
lot
of
what
you
sell
with
nfts
NSD
started
to
be
used
a
little
bit
more
to
solve
real
problems.
As
I
said,
Inventory
management,
traceability,
authentication,
metaverse
activities
reached
a
much
larger
audience
and
so
I
have
worked
with
decentraline,
which
a
lot
of
people
in
my
industry
think
is
very
pixelated.
It's
gamified,
it's
the
beginning.
AD
It's
like
look
back
at
some
of
the
things
we
were
doing
in
the
90s
and
it's
exciting
to
see.
Brands
engage
with
platforms
like
sandbox
and
I.
Don't
know
if
you
guys
are
here.
I
saw
you
yesterday.
We
need
that
because
that
is
getting
our
industry
comfortable
with
you,
with
Point
2.0,
actually
started
to
blend
in
2022
with
web
3.0
and
I.
Think
you
know
the
Creator
economy
the
2.5
is
giving
us
is
really
focused.
AD
decentralized,
creativity
will
expand
and
I.
There
are
a
lot
of
Brilliant
Minds
in
this
room.
I
see
that
are
already
doing
things
we
didn't
think
were
imaginable
two
years
ago.
Blockchain
will
enable
the
expansion
of
loyalty
strategies
and
that's
going
to
expand
CRM,
which
is
crucial
for
marketing
and
for
fashion,
and
if
these
will
be
rebranded,
I
believe
so
nft
Community,
don't
don't
hate
on
me,
but
I.
Think
right
now,
nfts
are
a
difficult
thing
to
sell
to
Brands
because
they
have
a
misconception.
AD
AD
I
think
the
transition
from
off
chain
to
on
chain
will
begin
very
quickly,
particularly
as
we
enter
a
recession
and
you're
going
to
see
a
lot
of
offline
plus
online
Plus
on
chain
together
and
redefining
how
brands
have
to
recreate
what
we
do
to
survive,
because
the
reality
is
that
when
you
enter
a
recession,
it's
very
difficult
to
keep
up
with
the
system
and
stores
close
and
suppliers
are
concerned,
that
the
stores
are
not
buying
product
and
we'll
touch
on
that
and
I
think
that
the
metaverse
experimentation
will
continue.
AD
It
will
look
a
little
different.
There
will
be
more
practical
adoption
of
augmented
reality,
for
example,
which
is
very
exciting.
There
will
be
a
focus
on
truly
digital
activities
and,
of
course,
it's
no
secret
I
believe
that's
the
the
future
and
digital
training
will
be
explored.
I
want
to
leave
you
I'm
not
going
to
touch
on
the
next
decade,
because
I
know
we're
out
of
time,
but
I
want
to
tell
you
something
very
important.
Last
year,
I
told
you
all.
The
future
is
physical.
AD
You
know
I'm,
the
future
is
digital
lady,
but
I,
think
physical
started
with
web
1.0
fujito
was
1997
when
my
company
had
200
malls
and
Jeff
Bezos
visited
our
business
and
we
learned
that
you
could
actually
buy
things
on
the
computer
right
and
so
I
think
we've
been
physical.
It's
a
question
of
what
kind
of
fidgets
are
we
living
today
and
the
kind
of
digital
that
we're
going
to
have
now
is
combining
physical
and
digital
identities.
AD
I
talk
about
this
idea
of
metaverse
identities,
huge
opportunity
and
expansion
for
Brands
you're,
not
just
selling
me
this
jacket.
For
me,
you
can
sell
me
all
kinds
of
products
from
my
other
identities
that
look
very
different
and
we're
living
in
the
era
of
web
2.5.
So
every
business,
if
you're
in
Fashion
retail
branding,
you
need
to
get
informed.
You
need
education,
find
a
friend
find
a
network
that
will
get
you
there.
I
just
want
to
leave
with
this
image.
AD
I
think
everyone
has
seen
the
new
cover
of
Time
Magazine,
so
I
found
I
was
very
young
in
1982.
I
was
a
child,
but
I
had
my
first
Apple
computer
and
we
thought
it
was
so
cool
and
we
were
watching
movies
where
those
computers
were
being
represented
as
something
futuristic.
That
could
do
things
that
at
the
time
they
couldn't
do.
Obviously
for
most
people
in
this
room
you
probably
were
not
around
in
1982,
and
you
probably
think
oh,
my
gosh
was
that
cool.
So
this
image
from
2023
I
promised
you
in
five
years.
AD
You
will
be
thinking
that,
but
the
reality
is
that
we're
already
there.
That's
not
the
future.
That's
the
president!
So
thank
you
and
we
will
be
here.
So
if
you
want
to
talk
to
us
we're
here,
okay,.
A
Thank
you,
I'm
actually
going
to
invite
you
to
like
go
and
take
that
see.
Oh,
that's
good
one
more
okay
to
the
stage
you're
in
luck,
because
we
get
to
keep
Andrea
on
stage
for
this
next
panel,
she's,
actually
moderating
the
panel
taking
a
look
at
navigating
web
3
adoption.
In
the
midst
of
global
uncertainty,
she
is
joined
on
stage
by
wahi,
chama's,
co-founder
of
Faith
tribe,
as
well
as
Mario
notfall,
founder
of
the
IBC
group
and
co-founder
of
nft
tech
and,
last
but
not
least,
Mike
sharalambus,
founder
and
CEO
of
3dm.
AD
Well,
this
is
a
very
tough
group
to
moderate,
so
I
I
want
to
start
by
saying
I'm
very
lucky
to
have
this
group
here
again
with
me,
because
we
know
each
other
and
we
work
and
we
debate
about
these
things
all
the
time
and
we
are
in
uncertain
times.
I
want
to
start
by
introducing
you
a
little
bit
more
and
I
just
want
to
say
you
know
with
Mario.
Obviously
he
needs
no
introduction.
AD
Mario
is
a
bit
of
a
celebrity,
so
I'm
very
lucky
he's
given
me
the
time
he
is
not
only
the
host
of
the
most
prominent
Twitter
spaces
show
but
I
believe
now
is
the
biggest
show
on
Twitter.
So
thank
you.
Mario
for
joining
us
today.
AD
I
have
Mike
the
co-founder
and
CEO
of
3dm,
with
whom
I
have
that
pleasure
of
working
with
in
a
variety
of
different
roles
and
I
believe
they
are
revolutionizing
with
the
3D
Services
all
the
Enterprise
adoption
I
spoke
about
and,
of
course,
I
have
what
he
Charmers
co-founder
of
Faith
tribe,
who
also
is
the
founder
of
tlf,
Ventures
and
a
long
time
investor
in
real
life
fashion
and
retail,
and
we
are
here
to
talk
a
little
bit
about
how
web3
adoption
and
tokenization
and
everything
that
we
do,
that
you've
heard
about
is
going
to
be
affected
by
the
current
times.
AD
I'm
going
to
start
with
you
Mike,
because
3dm
had
an
amazing
year
this
past
year
and
Enterprise,
adoption
of
tools
for
digitizing
of
fashion
assets
has
grown
and,
in
your
opinion,
has
the
volatility
of
the
crypto
markets
and
the
uncertainty
about
ownership
of
digital
assets
made
a
difference,
and
in
that
case
a
positive
or
negative
difference.
For
you
guys,
look.
AE
It's
first
of
all
pleasure
to
be
here
guys
it's
it's
an
honor!
Thank
you
for
being
on
the
panel
massive
massive
respect.
Everyone
here,
I
think
in
in
in
a
year
where
crypto
and
anything
web
3
was
done
by
an
average
60
to
80
percent.
Our
company
grew
by
240
percent.
AE
This
signifies
that
what
we
do
as
training,
which
is
basically
being
the
backbone
of
everything
3D
for
Enterprises
building
this
end-to-end
infrastructure,
where
they
can
take
a
digital
twin,
you
know
and
and
then
convert
it
com
compress
it
make
it
eligible
for
e-commerce,
for
gaming
Commerce
for
digital
Collectibles,
for
marketing
for
capturing
Big
Data.
AE
This
creates
a
whole
new
Next,
Generation
utility
for
the
brand
and
it's
a
whole
new
infrastructure
that
the
brands
are
now
deploying
to
enable
them
to
to
become
more
digital
Savvy,
but
also
to
to
explore
whole
new
areas
of
Revenue
generation
of
content
generation,
which
they
were
not
able
to
achieve
before,
because
it
was
either
too
manual
or
too
expensive
or
the
the
you
know.
The
consumers
were
not
ready
to
embrace
such
immersive
experiences
or
or
the
browsers.
Now
what
what
we
are
seeing?
AE
You
know,
love
brand
relationships
with
people
that
will
not
typically
ready
to
buy
their
products
in
real
life.
So
all
these
things
are
very
key
and
fundamental
to
push
a
whole
new
innovation
and
a
whole
new
budget.
Put
aside
purely
for
anything
web3
and
digital
twin
twins,.
AD
Well,
let's
see
if
Wahid
agrees,
that
that
that's
a
very
positive
view
for
for
our
industry,
so
you're
in
the
world
of
physical
fashion,
I
I
live
with
that
with
you
and
also
as
an
investor
and
as
an
operator.
So
how
do
you
see
web3
adoption
in
a
year
ahead
with
in
the
midst
of
the
economic
uncertainty,
interest
rates
upcoming
recession
are
difficult
times,
difficult,
Economic
Times
likely
to
activate
exploration
to
solve
problems
in
design
manufacturing
distribution.
What's
your
view.
P
Sure,
well
thanks
thanks
for
hosting
us
CB
labs
and
Casper,
you
know
last
year,
I
made
a
little
bit
of
a
stink
right
and
I
said
that
this
is
the
most
rigged
I'm,
not
gonna,
use
the
word
corrupt,
but
definitely
rigged
unfair
industry
ever
more
than
banking
fashion
is
heavily
heavily
skewed
to
literally
10
to
15
operators
that
control
a
good
part
of
80
of
the
market
and
I
thought
we
reached
a
peak.
Okay
and
I
said
there
is
no
way
it
could
get
worse.
P
We
are
in
the
business
of
empowering
independent
designers,
Maria,
buchellari
and
I,
along
with
Andrea
own,
a
company
that
has
been
doing
this
for
22
years,
and
the
blockchain
was
really
a
way
for
us.
Instead
of
working
with
50
designers
at
any
given
time
working
with
thousands
and
I
thought,
we
were
reaching
the
peak
until
we
actually
came
into
this
I
want
to
call
it
depression,
because
it's
really
really
bad
and
so
to
answer
your
question.
P
Andrea
I'm
not
going
to
name
names
but
there's
some
retailers
both
online,
but
especially
terrestrial
that
in
the
last
three
months
have
it
as
a
policy
not
to
pay
for
the
merch
merchandise
they
actually
purchase
if
they're
a
small
brand,
if
they're
an
independent
designer,
they
are
focused
100
and
everyone
has
the
same
strategy.
We
want
the
top
ten.
We
want,
Prada,
Gucci,
lvmh,
et
cetera,
et
cetera,
et
cetera,
and
the
the
market
is
getting
ever
so
skewed.
P
Even
on
the
metaverse
Today
metaverse
is
a
little
bit
desperate,
big
Brands
everything
free
of
charge.
Please
I
beg
you
come.
We
are
not
in
that
business.
Okay,
we
are
going
to
continue
to
empower
independent
designers.
We
want
to
be
the
Uber
or
or
the
Airbnb
Maria
hates
it.
When
I
say
this
because
she's
a
very
high-end
person
that
built
a
very
high-end
brand,
but
really
what
is
it
about
Uber,
is
that
if
you've
got
a
car,
no
one
can
tell
you.
P
If
tomorrow
you
can
earn
money
or
not,
you
can
get
the
app
and
you
can
be
in
business
tomorrow.
If
you
have
a
house,
you
can
go
on
Airbnb
and
you
can
rent
it
today
for
independent
designers,
of
which
the
thousands
and
very
few
of
them
make
money,
because
it's
a
rig
system.
They
have
nowhere
to
go
where
they
can
register
IP
without
paying
thousands
of
dollars
on
lawyer
fees.
They
cannot
access
digital
design,
Studios.
No
one
will
welcome
them
on
the
metaverse.
No
one
will
definitely
welcome
them
in
e-commerce.
P
No
one
will
manufacture
their
goods,
let
alone
in
this
inflation
environment,
give
them
access
to
leather,
knitwear,
cotton
in
any
scaled
fashion,
and
so
to
actually
build
this
on.
The
blockchain
is
so
powerful
because
the
blockchain
is
permissionless
and
allows
us
to
actually
marry
investors
who
hold
our
token
with
independent
designers,
who
need
the
money.
I
forgot
to
mention
Banks
you're,
an
independent
designer.
You
got
to
be
kidding
me
if
you
could
even
get
a
credit
card.
So
that's
what
we're
all
about
it's
getting
worse
and
worse
and
worse.
AF
AD
AD
What
he
gives
me
the
pep
talk,
and
we
know
we're
saving
the
world
okay,
so
now
Mario,
so
you've
gained
tremendous
notoriety
with
your
show,
with
your
traditional
faces,
show
you've
done
some
pretty
extraordinary
on-air
conversations
with
industry
leaders,
politicians,
Regulators,
covering
crypto,
the
crypto
winter
and
then
the
Fallout
of
FTX,
even
interviewing
SPF
yourself,
I,
think
this
whole
room,
who
knows
you
and
everybody
who
who's
watching,
is
dying
to
hear
your
views,
because
you
are
very
honest
and
bring
people
with
no
restrictions
to
talk
about
the
realities
that
we're
dealing
with,
and
obviously
the
the
uncertainty
that
we
talk
about
when
we
look
at
our
industry
is
not
just
crypto,
as
we
were
saying,
is
how
is
the
whole
ecosystem
going
to
be
affected,
so
we're
all
waiting
for
your
predictions
now.
AG
It
drives
me
nuts,
how
like
it's
just
difficult
to
criticize
crypto
like
okay,
criticize
FTX,
criticize,
centralized
parties
lack
of
Regulation,
that's
fine,
but
when
you
look
at
companies
that
have
users,
you
know
when
you
look
at
Fashion
platforms
that
have
users
using
the
platform
games
that
have
gamers.
AG
These
are
the
metrics
that
matter
like
I
like
when
people
come
talk
to
me,
they're,
like
Mario,
you
know
cryptos
crypto,
you
know
what
happened
to
FTS
I'm
like
FTX
is
a
centralized
company.
So
that's
like
what
happened
to
fgx
is
is
a
positive
thing
to
the
ecosystem
or
there's
a
blockchain
called
Solana.
Most
of
you
would
know.
Solana
Solana
Alameda
had
a
lot
of
soul
tokens
when
Alameda,
you
know
collapsed.
Everyone
was
pessimistic
on
Solana
I'm
like
no.
This
is
a
good
thing.
There's
less
centralization!
AG
That's
number
one
number
two
Regulators
stop
criticizing
Regulators.
They
came
on
my
show.
They
know
what
they're
talking
about
I.
Had
a
regulator
come
on
I
thought
that
they
had
no
idea.
I'm
gonna
try
to
teach
them
the
basics.
They
started
telling
me
about
defy
so
my
show
now
I
get
people
outside
the
web.
AG
3
world
but
I
still
host
the
show
with
my
crypto
Punk
again,
because
I'm
I'm,
a
Believer
along
the
midst
of
the
bear
Market,
because
I'm
a
Believer
in
the
ecosystem
and
I'm,
not
seeing
that
criticism
we
saw
in
2018
like
it
is
very
different.
Regulators
are
more
understanding
they.
They
understand
the
value
in
crypto
and
they
know
where
regulation
can
help
so
number
one.
AG
What
we
should
do
next
Embrace
Regulators
number
two
is
focus
on
what
matters
remove
the
herd
mentality
we
had
pre
FTX,
so
I'll
tell
you
what
happened
back
in
the
Bull
Run
I'm
sure
you
know
what
happened
back
then,
and
you
know
as
well.
You
saw
that
is
that
everything
was
pumping.
You
know:
10x
100x
1000x
those
things
were
relatively
common
in
the
bull
market
and
what
VCS
did
is
they'll
just
follow
each
other
to
the
next
Sexy
Thing
They
Don't
Care
About
DD.
AG
Finally,
this
came
to
an
end.
It's
just
unsustainable!
So
look
if
you
look
at
the
numbers
bitcoin's
down.
What
correct
me
if
I'm
wrong
60
from
the
peak
is
that
about
right,
um.com,
bubble,
I
looked
at
the
numbers
last
night
75
and
recent
Harvest
was
investing
when
when,
when
and
I've
had
Mark
and
recent
on
the
show
he
was
investing
when,
when
the
o1
bubble
popped,
he
was
investing
in
web
2
and
they're
investing
now
in
web
3..
AG
So
it's
just
difficult
to
criticize
crypto.
You
can
criticize
certain
aspects
of
it.
It's
difficult
to
be
bearish.
You
know,
I
was
bearish
in
2018
I'm,
not
bearish.
Now,
and
if
you
look
at
what
happened
recently,
logically,
it's
not
bad
so
I'm
not
really
convincing.
Many
of
you
because
you're
all
here
and
I'm
not
even
convincing
a
lot
of
people
in
the
traditional
world
because
they
understand
this,
but
as
long
as
whenever
someone
mentions
FTX
just
explain
to
them
exactly
what
I
said
explain
to
them.
Fgx
is
a
centralized
entity.
AG
It
means
we
need
more
regulation,
it
needs,
we
need
less
fomo,
but
it
means
nothing
to
the
projects,
building
ignoring
everything
else
going
around
them,
so
I'm
I'm,
really
bullish
I'm.
Here,
for
a
reason,
and
again,
my
show
is
well
outside
of
crypto
and
I've
got
obviously
crypto
businesses
as
well
and
I
still
have
my
crypto
Punk
and
that
kind
of
speaks
for
itself.
AE
I
think
if
we
want
to
focus
on
crypto,
because
script
is
just
an
aspect
of
the
entire
web
3
ecosystem
cryptos
is
still
a
tremendous
hope
for
investors
for
Pioneers
for
innovators.
Right,
because
you
feel
that
if
these
things
come
to
life,
even
if
50
of
what
blockchain
or
or
Bitcoin
is
supposed
to
do
actually
does
it.
AE
Then
we
actually
change
the
world,
and
you
can
actually
see
that
you
see
that
from
from
Individual
creators
that
they're
really
bullish
about
as
what
he
said
preparing
to
go
down
the
defy
route
instead
of
rap
of
centralized
Banks
or
from
you
know,
luxury
brands
that
two
years
ago
that
even
know
how
to
log
in
onto
you
know
their
email
on
group
on
Gmail,
right
and
now
they're
talking
about
blockchain
AI.
You've
got
all
these
massive
brands
with.
AE
You
know:
head
of
blockchain
head
of
metaverse,
which
they've
never
done
anything
matters
before
in
their
lives.
But
now
they're
advocates
you
have
MasterCard
you've
got
World
line,
all
launching
like
crypto,
you
know
payment
cards.
These
are
like
phenomenal
elements
that
show
that
we
arrived
in
in
in,
in
a
whole
new
bullish,
Market
one
with
more
utility
towards
real
life
and
not
just
Theory
or
just
you
know,
an
assumption
of
what
this
can
be,
but.
AD
You
both
touched
on
something
I
want
to
go
back
to
Mario
and-
and
you
just
touched
on
that
you're
both
talking
about
education
right
so
I
I,
was
on
the
show
of
what
some
of
the
Regulators
came
in
and
there's
a
lot
of
ignorance
and
I.
Think
one
in
the
American
politician,
one
name
said
to
you:
I
think
what
all
of
you
in
the
industry,
if
you're
in
a
tokenized
space,
if
you're
in
crypto,
if
you're
in
blockchain,
you
need
to
get
organized
and
educate
right.
AD
So
you're
talking
about
the
lack
of
education
is
one
of
the
barriers
and
you
and
I
talk
about
this.
All
the
time.
Mike
part
of
the
the
barrier
from
2018
to
2020,
with
brands
with
retailers,
was
the
lack
of
understanding.
So
there's
this
fear.
It
feels
to
me
today
like
because
there's
this
misguided
association
with
crypto
that
there
is
sort
of
this
fear-mongering
being
spread
about
all
digital
assets.
AD
So
all
three
of
you,
because
you're
part
of
it
of
a
platform
we're
building
a
platform,
that's
going
to
be
all
to
teach
a
community
of
creators
how
how
to
use
the
digital
assets
I'd
like
for
each
of
you
to
tell
me
what
can
we
and
the
audience?
Obviously
this
is
a
great
place
in
the
space.
What
can
we
do
to
solve
this
problem
with
it
with
our
education?
What
would
be
your
recommendation?
Build.
AG
Utility
like
in
two
years
ago,
it
was
everyone
was
talking
about
why
you
should
buy
our
token,
and
boosting
trade
like
Founders
would
care
about
their
token
price
and
the
trading
volume
more
than
anything
else
that
we
took
to
projects
like
hey,
our
talking
price
is
not
doing
that
well
or
why?
Don't
we
have
much
volume
I'm
like?
Why
does
all
this
matter,
like
the
purpose
of
the
token,
is
for
people
to
use
it
that
everyone
talked
about
utility
back
in
2017?
Yet
no
one
practiced.
AG
It
happened
again
two
years
ago,
but
now
they
have
no
choice
because
no
one's
really
speculating.
So
education
is
important
not
in
terms
of
what
all
this
means
to
the
world,
but
why
people
should
use
it.
If,
if
meta
drops
in
value,
people
will
not
stop
using
Instagram.
So
whatever
happens
to
bitcoin
people
should
still
use
the
platform
for
the
value
it
brings.
AG
P
We're
here
yeah
I:
this
is
the
weirdest
thing,
because
we
talk
to
projects
all
the
time
right,
both
on
the
private
Equity
side,
but
also
peers
of
mine,
and
they
built
this
great
savviness
in
the
blockchain
and
all
their
audiences
are
crypto.
Savvy
have
wallets
Etc,
and
then
they
try
to
do
something
in
the
real
world.
We
we
have
the
opposite
problem.
P
We
came
from
The
Real
World
and
we
adopted
the
blockchain
as
a
Monumental
solution
to
gain
scale,
fun,
designers,
Etc
and
the
biggest
problem
we
have
is
like
90
of
our
designers.
You
know
you
say
well
and
they
want
to
walk
out
like
holy
crap.
I
came
here
for
help
dude
and
now
I
gotta
go
get
I,
gotta
go
get
a
whole
new
education
right.
So
for
us,
it's
very
critical
to
educate,
and
but
at
least
we've
got
the
audience.
P
We've
got
what
most
projects
I
think
want,
which
is
the
real
world
audience,
and
then
we
gotta,
you
know
I'm
happy
because
with
time
you
know
the
guy's
like
Moon
pay
and
other
great
gateways.
P
We
want
a
designer
to
come
on
our
platform,
swipe
a
card
and
not
know
that
they're
actually
buying
our
token
for
utility
to
use
our
access.
We
got
to
make
it
very,
very
easy
for
them
to
just
adopt
our
technology,
because
we
are
not
a
crypto
project.
We
are
on
the
blockchain.
We
are
basically,
as
Andrea
has
taught
me.
We
are
a
SAS
based
model
web
2.5
right
and
it's
okay,
it's
okay,
not
to
be
web
3.0,
because
web
tube
has
to
go
to
web
2.2
web
2.5
with
with
2.7
and
then
three.
P
In
order
to
succeed.
We
we
can't
be
shy
about
that.
So
we
need
to
educate
our
customers.
We
need
the
SAS
based
portal
to
make
it
kind
of
seamless
when
someone
wants
to
register
their
IP.
They
don't
know
that
they're
going
on
a
protocol
to
register
their
ownership
in
their
own
wallet.
We've
got
to
do
things
where
blockchain
is
just
a
means
to
an
end
so
that
we
can
disintermediate
the
people
that
that
write.
The
rules.
AE
What
we
are
saying
is
that
really
the
brands
are
are
are
in
a
position
now
to
truly
Embrace
what
the
blockchain
can
do
for
them
and
the
most
important
thing
that
we
don't
hear
a
lot
of
people
talking
about.
It
is
how
they're
merging
Big
Data
with
blockchain
to
create
hyper
personalization
experiences
for
the
users.
So
you
know
and
I'm
going
to
use
our
example,
because
you
know
we're
specializing
digital
twins,
they're
using
our
digital
twins,
they're
publishing
our
3D
viewers,
and
what
have
you?
AE
One
image
equals
a
thousand
words
one
3D
display
equals
a
thousand
data
points,
all
these
interactions
that
they
gather
from
the
users
by
swirling
a
product
by
spending,
time,
customizing
and
zooming
in
on
specific
angles.
These
are
very
unique
user
Behavior
characteristics
that
the
brands
were
not
otherwise
able
to
attract
before
from
static
images
or
videos.
AE
P
I
I
want
to
publicly
thank
Mike
and
you're,
not
ready
for
this,
because
I
didn't
prepare
this
really
not
Mike
and
3dm
work
with
the
top
top
brands.
Okay,
think
about
rigged
the
rigged
of
the
rigged
and
he
believed
in
us.
So
much.
Of
course,
we've
got
a
powerful
brand
too,
but
we
got
from
Mike
Because.
He
believes
in
what
we're
doing
the
lowest
cost
so
I'm
gonna,
look
at
the
camera.
Look
at
my
audience
and
any
independent
designer
who
says
oh
God
I
could
never
do
this.
P
AD
Going
back
outside
because
I
think
I
I
want
to
go
back
to
sort
of
the
greater,
as
you
said,
Mario
not
just
you
know,
I
believe
that
fundamentals
matter
and
they
were
and
following
fundamentals
is,
is
it
was
true
in
the
90s
is
through
today,
and
it's
not
just
about
being
industry
specific.
So
I
want
to
ask
all
of
you
to
give
me
one
thing
you
learned
from
2022:
it
doesn't
have
to
be
from
your
business
or
your
industry,
and
you
can
give
me
one
two
three.
AD
If
you
have
three
predictions
or
things
that,
if
you
don't
have
predictions
like,
we
said
in
Dubai
things
that
excite
you
about
2023
and
Mike,
do
you
want
to
start.
AE
AE
AE
You
know
Innovative
and
creative
as
to
how
they're
shaping
out
their
supply
chains
with
physical
and
digital
merchandise
and
I
think
that
is
going
to
reshape
a
lot
of
things
and
that's
why
Faith
tribe
is
in
a
really
good
position
to
do
that
and,
secondly,
I
think
we're
going
to
be
seeing
a
whole
new
Next
Generation
content
Factory
for
any
kind
of
industry.
AE
They're
gonna
be
really
doubling
down
on
digital
Twins
and
I'm,
seeing
that
from
from
the
inside,
that
we're
seeing
where
they're
going
to
be
basically
creating
a
whole
new
ecosystem
of
prototyping,
Manufacturing
user
generated
content
across
social
and
across
I.
Think
and,
of
course,
seeing
a
whole
new
exploration
about
the
gaming
Commerce,
which
really
a
lot
a
lot
of
people
talk
about
it.
But
they
don't
understand
how
big
is
becoming
for
the
brands,
both
from
sales
and
a
marketing
perspective.
AD
AG
I've
got
mine
all
right,
so
I'll
do
the
three
predictions
first,
so
number
one
who
remembers
in
2017
that
everyone
was
talking
about
the
herd
is
coming.
Does
that
remember
that
yeah.
G
AG
Yeah
well
now
we
could
say
the
herd
is
here,
so
that's
number
one,
and
that
means
leads
to
number
two
disruption-
is
starting
now:
we're
seeing
companies
that
are
disrupting
existing
ecosystems,
existing
structures,
existing
models,
so
the
disruption
will
continue
and
that
will
lead
to
mass
adoption.
So
you
know
I
talk
to
people
about
the
show.
I'm,
like
the
reason,
I'm
I'm
really
excited
about
doing
a
show
about
topics
outside
of
crypto
is
because
you
know
doing
a
show
about
everything
and
promoting
an
iPhone.
That's
fine!
AG
You
don't
need
to
promote
an
iPhone
on
a
tech
show
because
Mass
adoption
for
Tech
web
one
Web
Two,
it's
already
happened
so
I-
think
the
next
Bull
Run
will
see
Mass
adoption
for
web
3.
and
we're
seeing
this
I
talk
a
lot
about
gaming
and
we're
going
to
see
this
obviously
they're
talking
about
fashion
and
there's
multiple.
You
know
D5
as
well
we're
seeing
a
lot
of
the
incumbents
start
to
adopt
D5.
AG
Like
honestly,
look
at
the
news
that
matter,
not
the
news
that
looks
sexy
and
then
number
three,
and
this
is
gonna.
You
know
don't
lie
everyone's
waiting
like
are.
We
gonna
see
the
same
hype
we
saw
in
2020
in
2018.
I,
foolishly
thought
we'll
never
see
those
same.
You
know
that
same
exuberance,
we
saw
in
2017.
AG
big
mistake.
Humans
will
continue
being
humans
and
the
same
thing
that
happened
in
2019-2020
will
happen
again
in
2024
2025,
we're
greedy
and
we're
gonna
chase
those
next
pumps
next
time
and
we're
gonna
make
the
same
mistakes
again
now
hope
with
the
things
that
we've
learned
and
we've
Regulators
doing
the
right
thing
and
understanding
the
ecosystem.
We're
not
going
to
see
that
same
herd
mentality
we
saw
two
years
ago
and
that
kind
of
goes
to
the
point
of
what
I
learned
herd
mentality
is
dangerous.
AG
Like
some
of
the
smartest
investors,
some
of
the
smartest
VCS
were
just
following
each
other,
because
everything
was
pumping
and
then,
if
someone
was
doing
the
right
thing,
they're
like
guys,
I'm,
not
gonna,
invest
there,
because
it
just
doesn't
make
sense,
and
then
they
see
this
project
go
up.
100X
they're,
the
idiot
that
didn't
invest,
so
they
should
be.
The
infrastructure
should
prevent
this
from
happening
again
and
I.
I.
AG
Really
hope
it
does,
or
we
will
see
a
similar
correction
I'm
already
moving
to
the
next
correction,
but
yeah
we
will
see
a
similarable
one
and
the
projects
that
are
building
right
now,
you
guys
are
you
know,
you've,
never
seen
a
bull
run.
We
always
talk
about
it.
You.
AG
P
Thank
you.
Thank
you
for
that
Mario
I
know,
I
know
so.
Mario
is
talking,
indeed,
I've
never
been
through
a
bear
Market
in
crypto,
but
I
have
been
through
three
business
Cycles.
All
right
I
saw
the
Latin
American
defaults,
Russian
default
crisis,
Asian
Financial,
crisis.com
Lehman,
you
name
it
and
I'll.
Tell
you
what
I
learned
surprised
me
I
thought.
Last
year
it
was.
P
It
was
deep
enough
that
we
had
real
investors
in
the
blockchain
that
they
would
stick
it
out
and
that
they
would
support
companies
Beyond
a
pump
for
three
months
or
a
telegram
boom,
or
some
crap
like
that
with
you
know
like
they
would
actually
actually
understand
value
creation.
I
was
wrong.
It's
still
not
ready.
That's
why
I'm
very
proud
that
Faith
tribe
and
now
I'm,
encouraging
Mary
to
do
the
same.
P
Don't
be
shy
about
going
to
the
real
world
pension
fund,
money,
endowments
and
Foundations
family
offices,
traditional
PE,
because
they've
been
through
the
three
four
Cycles,
the
guys
in
crypto
with
all
the
respect
might
have
not,
and
so
they
were
very
quick
to
bail.
What
we
will
do
in
return
is
keep
creating
value.
Keep
focusing
on
free
cash
flow,
keep
understanding
every
single
designer.
How
can
we
take
their
zero
to
ten
percent
margin
and
get
it
closer
to
forty
percent?
Maybe
not
the
ox
70
80.
P
AD
AG
P
I
I
expect
a
lot
of
tough
things,
because
I
the
global
cycle
is
obviously
one
big
Global
cycle
and
very
artificial.
We
have
a
bunch
of
unelected
lunatics
across
central
banks,
unelected
that
have
pumped
the
biggest
bubble
ever
overloaded,
the
world
with
330
trillion
dollars
of
debt,
and
that's
just
sovereign
debt,
not
consumer
Pension
funds,
Etc
and
I.
Just
don't
know
how
they're
going
to
keep
raising
rates
they're
going
to
keep
doing
it.
P
AG
That's
all
I
got:
oh
I'll
fix
what
he
said
like
I,
there's
what
you
need
to
know
there's
a
lot
of
dry
powder
in
the
space.
Like
you
talk
about
the
crypto
vccs,
you
can't
put
them
all
in
one
basket:
there's
a
lot
of
invest,
95
of
them.
Bro!
No
man
look
there's
a
lot
of
investors
that
are
sitting
there.
AG
I
won't
sit
there,
naming
anyone
now
and
they've,
been
there
in
2018
they've
been
in
the
space
for
10
years
and
any
project
that
is
building,
but
you've
got
the
right
metrics
to
show
they
don't
care
as
much
about
trading
volume.
It
still
looks
sexy,
but
that's
not
what
matters
they
don't
care
about.
Your
token
price.
Neither
do
we
they
care
about
the
users
using
the
platform
they
care
about
people
actually
migrating
or
what
how
you're
disrupting
existing
infrastructure.
AG
So,
if
you're
doing
this
go
out
there
and
talk
to
these
investors
and
traditional
investors
plus
web
three,
remember
web3
investors
understand
the
value,
add
traditional.
You
have
to
explain
to
them.
Some
understand
it.
Some
don't
so
there's
a
lot
of
what
investors
within
web
3
within
crypto
I'm,
using
the
words
interchangeably
that
wanna
invest
in
anyone
that
has
true
utility,
where
the
demand
of
the
token,
even
if
it's
small,
if
you
have
massive
Demand
by
everyone,
speculating
there's
not
going
to
be
interest
not
now,
maybe
in
the
next
Bull
Run.
AG
So
it's
not
dead,
but
if
you've
got
not
much
volume
screw
the
volume,
if
you've
got
people
buying
the
token
to
actually
use
it.
I
know
it
just
sounds
very
basic,
but
I
promise
you.
These
are
the
metrics
that
matter
and
I'm,
seeing
some
investors
in
the
in
the
in
the
crowd.
These
are
the
metrics
they
look
for.
So
that's
my
prediction.
Man
good.
AG
AG
But
that
the
thing
that
for
anyone
that
doesn't
put
the
hand
up
well,
you
need
to
understand
and
I
know
that
wasn't
the
question,
but
we
wear
fashion
you're
wearing
the
clothes
to
portray
a
certain
identity.
I,
don't
know
why
I
need
to
explain
to
people
why
web3
fashion
is
it
needs
to
be
there
like.
No
I,
just
don't
understand,
like
you
have
an
identity
in
the
physical
world.
You
want
to
portray
similar
if
you're
working
in
a
walking
in
a
metaverse
or
in
a
game.
You
want
to
wear
a
branded
piece
of
clothing.
AD
We
talked
last
year
we
had
onion.
You
know
at
this
point
in
my
life:
I'm
not
wearing
Carnival,
wear
like
I
used
to
in
my
20s,
but
I
do
in
the
metaverse
I
do
in
the
central
end.
I
have
a
whole
crazy,
different
life,
so
I
know
we're
out
of
time.
I
just
want
to
let
everybody
know
everything
you
heard
here
from
Waheed
our
face:
drive.market
site
is
live
so.
A
A
Thank
you
so
so
much
we're
going
to
transition
into
our
last
keynote
of
the
block.
Again,
one
of
the
world's
words,
rather
that
you
heard
mentioned
over
and
over
again
is
utility
utility
utility.
So
we're
gonna
take
one
closer
look
with
this
next
keynote,
as
at
nfts
with
actual
utility,
an
introduction
to
Casper
punks
join
me
in
welcoming
Steve
cariaga
director
of
strategic
relations
at
the
Casper
Association
to
the
stage.
AE
AH
Hello,
yep,
okay,
good
so
as
Tracy
mentioned,
Steve
cariaga
co-founder
at
Casper
and
director
of
strategic
relations
for
the
Casper
Association,
so
I
wanted
to
come
and
talk
to
you
first
hat
tip
to
Cliff
for
giving
me
the
420
time
frame.
That
was
the
only
way
I
could
get
my
online
Casper
punks
Community
to
tune
in
so
welcome
to
those
guys.
AH
So
anyways
I
want
to
start
off
with
talking
about
digital
Collectibles,
nfts
sort
of
maybe
giving
some
a
little
bit
of
insight
as
to
where
the
trends
are
going.
Some
of
the
utilities
that
are
being
offered
nfts
have
certainly
created
a
an
amazing
economy
for
artists
and
creative
types
to
sell
to
share
their
art
and
their
their
Vision
with
the
world.
AH
AH
AH
Let's
see
music
concert,
media
and
DRM,
targeted
shopping
and
brand
development
and,
of
course,
Dows,
which
are
very
prevalent
and
going
to
continue
to
be
so
Casper
punks.
Some
of
you
may
have
heard
of
it.
We
designed
these
in
2021
to
celebrate
Casper's
third
birthday
and
we
designed
a
hundred
of
them
and
it
was
wildly
successful.
AH
AH
So
this
is
a
little
sample
of
our
gen
one
Casper
punks,
which
are
going
to
be
out
later
well,
probably
mid
February
on
the
Casper
blockchain,
so
some
Casper
Punk
utility
they're,
going
to
be
able
to
do
breeding
they're
going
to
be
able
to
evolve.
AH
They're
going
to
be
able
to
do
staking
voting.
We
intend
to
have
a
dow,
so
the
community
can
make
decisions
about
how
the
Casper
Punk
Community
is
governed
over
time.
So
that's
coming
access
to
Specialty
Brands,
so
we've
already
had
a
lot
of
brands
that
have
reached
out
to
us
a
lot
of
interesting
ideas.
A
lot
of
interesting
things
so
you're
going
to
see
more
one
of
our
favorite
Brands
is
a
house
of
rare
tequila
brand.
So
you
might
see
on
your
store
shelves
soon.
AH
Casper
Punk
bottle
of
rare
tequila
as
an
nft,
so
that'll
be
cool.
This
is
a
little
self-promotion
here.
This
is
a
sample
of
a
hoodie
that
was
created
with
a
partnership
with
drop
link
and
they
are
doing
the
Casper
shops,
and
so
what
they
do
is
allows
us
to
do
a
mint
to
merge.
So
if
you
buy
a
cast
for
punk,
you
mint
the
Casper
punk,
you
provide
your
public
wallet,
you
can
go
on
the
Casper
shops
website
and
you
can
get
your
punk.
AH
AH
Yeah
well,
I
skipped
skipped
ahead
a
little
bit,
but
at
any
rate
talked
about
the
hoodies.
So
that's
kind
of
what
we're
doing.
This
is
a
brief
slide
about
a
road
map
too
much
detail
to
go
into
now
in
our
short
time
frame.
But
essentially
we
did.
We
started
a
white
list
last
month,
that'll
be
closing
around
the
15th
of
February
and
we'll
do
our
first
minting
on
the
Casper
blockchain
in
mid-February.
AH
So
stay
tuned
for
that
and
then,
as
I
said
all
of
the
the
features
the
utility
will
come
out
over
the
next
couple
months
and
you'll
be
able
to
interact
and
we've
got
some
other
projects
that
are
launching
on
Casper
blockchain.
AH
It
hasn't
been
done
well
and
I.
Think
Casper
can
really
shine
on
that
feature
alone,
but
there's
there's
many
many
others
so
yeah,
let's
open
now,
Casper
punks.io
and
that's
supposed
to
animate,
but
it's
not
anyways.
So
there's
I'm
almost
at
time,
but
I
really
appreciate
your.
You
know.
Attention
and
I
really
would
encourage
you
to
go
check
out.
Casper
punks.io
pick
up
a
Casper
Punk,
it's
going
to
be
a
lot
of
fun.
AH
It's
going
to
be
a
great
ride,
we're
gonna
enjoy
it,
and
hopefully
it's
an
example
to
other
projects,
nft
projects
that
want
to
build
on
Casper
and
by
all
means.
If
you
have
a
project,
if
you're
an
artist,
a
creator,
if
you
have
an
idea
reach
out
to
me,
we'd
love
to
talk
about
it
and
welcome
you
into
the
Casper
family.
So
thank
you.
A
Thank
you
so
much
Steve.
Now,
while
we
quickly
rearrange
the
stage
in
order
to
accommodate
our
next
panel,
we're
sticking
with
the
nfts
nft
theme,
rather
I'm
pleased
to
Welcome
to
the
stage
our
moderator,
Nev,
O'connell
senior
business
development
manager
at
Casper
Labs.
She
is
joined
by
Carlos
cryos
Moreira,
founder
chairman
and
CEO
of
wise
key
wise
art,
slash
wise
sat.
A
We
are
also
joined
on
stage
by
nimsiri
wardana,
co-founder
and
C2
of
metacask
Esteban
van
Gore,
founder
of
D,
music
and
Lars
kaldi
co-owner
of
rock
and
roll
wines.
The
topic
of
this
particular
panel
is
opening
up
Billion
Dollar
markets,
how
to
monetize
your
business
with
nfts,
so
pay
attention
neif.
AI
We've
also
heard
how
it's
relevant
in
the
context
of
the
fashion
industry
and,
most
recently,
how
a
specific
Digital
Collection
is
trying
to
unlock
value,
but,
as
we
all
very
well
know,
there's
still
a
lot
of
mixed
market
sentiment
around
how
nfts
in
their
current
form
today,
can
they
in
fact
unlock
value
and
real
utility,
and
so
that's
really
pretty
much.
What
we're
going
to
delve
into
today
and
you
know
with
any
successful
business.
AI
Q
So
we
are
in
nft,
where
we
were
maybe
on
the
web
1.0
when
I
started
working
in
the
UN.
You
know
we
are
at
the
infancy.
Basically
we
don't
know
yet
the
potential
and
the
reason
is
there
is
no
yet
a
clear
business
model
and
revenue
model
for
nft
nft
is
a
technology
solution.
It
is
an
amazing
solution.
It
decentralizes
things
done
before
war
in
silos,
especially
on
the
identity
area,
which
is
where
you
come
from.
Q
Q
So
this
is
your
experience.
This
is
where
making
money.
It's
not
a
lot
of
money,
we're
making
30
million
dollars
in
doing
that
a
specific
activity,
and
we
are
talking
about
60
70
million
on
NFD
per
year,
so
an
identity,
an
nft
is
less
than
0.5
cents
of
dollar
and
you're
going
to
go
lower
and
maybe
in
the
future,
I'm
going
to
give
you
for
free
because
I
want
to
capture
data
and
that
data
with
AI
I
want
to
create
predictability
analysis.
But
this
is
the
Roadshow
right.
Q
You
start
on
solving
a
technology
problem,
then
you
start
to
realize,
and
then
this
is
going
to
be
massive
because
we
are
talking
about
trillion
objects,
so
you
have
a
ecosystem
and
then
you
start
to
develop
a
very
frictionless
business
model
which
allows
you
to
make
you
to
make
a
lot
of
money
now
if
we
are
making
30
million
dollars
on
that
now
next
year
we
are
making
100
million
and
two
years
later
we're
making
500
million.
Q
Because
we
are
in
an
exponential
connectivity
issues,
then
we
have
the
high
end,
which
is
YSR.
We
have
developed
with
you
guys.
So
this
is
for
people
and
they
have
a
two
million
dollar
nft.
A
Picasso
or
whatever,
and
that's
a
different,
it's
okay,
it's
a
niche
market.
This
niche
market
is
good
because
if
you
solve
that
problem
of
a
two
million
dollar
nft,
then
it's
obviously
very
easy
to
solve
a
few
cents
empty.
So
that's
my
experience.
Great.
AI
AJ
Right
so
we
set
up
metacast,
beginning
of
21,
to
look
specifically
at
the
spirits
industry.
There's
a
there's
a
lot
of
Collectibles
and
there's
actually
a
huge
collector
base
that
collect
things
like
barrels
of
whiskey,
bottles
of
whiskey
and
so
on,
and
there's
obviously
like
an
authentication
problem.
So
a
similar
problem
to
what
colors
are
talking
about
right.
So
how
do
we
authenticate
that
this
particular
bottle
is
actually
genuine
and
it's
from
the
actual
producer
self?
AJ
Now
it's
okay,
if
you're
buying
a
25
bottle
of
whiskey
in
a
shop,
but
if
you're
having
a
hundred
thousand
dollar
bottle
of
whiskey
and
it's
been
in
someone's
Private
Collection,
you
need
that
authentication
as
well
right.
So
we
we
set
up
specifically
actually
to
focus
on
Barrel
investment.
Barrels
are
a
little
bit
different
because
barrels
actually
don't
move.
They
sit
in
a
bonded
facility
which
makes
actually
ownership
a
lot
easier
to
manage
right.
AJ
The
current
model
of
ownership
is
paper-based,
and
so
it's
really
old-
it's
been
going
for
hundreds
of
years
and
what
we're
trying
to
do
is
actually
move
that
ownership
to
the
blockchain
effectively
give
the
owners
more
power
over
what
they
own
right.
They
can
prove
that
they
own
this
thing,
and
so
they
can
have
that
claim
when
you
know,
if
there's
any
problems
towards
the
end
right,
how
do
I
do
I
get
hold.
K
Of
them,
no
no
here
here,
I'm
I'm,
representing
the
music
okay
for
us,
no,
no,
no,
no
other
yeah!
So
so,
of
course,
I
I'm,
one
of
the
founders
of
the
music.
We
have
a
collaboration
with
with
Casper
Labs
yeah
I
know.
Your
question
is
in
relation
to
nfts.
A
K
Us
yeah,
we
don't
only
look
at
nfts
out
more
look
at
like
a
from
a
web
tree
perspective
and
the
reason
why
we
came
up
with
the
music
was
very
simple:
I'm
I
used
to
live
in
the
Netherlands
and,
of
course,
some
of
my
friends.
They
are
a
quite
famous
artists
and
they
had
issues
with
with
record
labels
and
I'm
very
happy
for
one
of
my
friends
who
successfully
sued
one
of
the
major
direct
labels
and
one
so
they
had
to
pay
him
and
from
that
idea
we
basically
said
like
why?
K
Don't
we
create
a
platform
where
music
artists
can
directly
communicate
with
their
fans
and
yeah?
Of
course,
nfts
is
one
of
the
tools
which
we're
using
so
that
you
can
sell
music
nfds.
You
can
sell
other
type
of
nfts,
so
we
have
also
other
Ventures
who
are
approaching
us
for
a
white
label
Solutions
or
collaborations
in
relation
to
nfds
and
separate
from
that.
We
we
also
created
yeah
in
the
VR
chat,
a
metaverse
where
our
artists
can
perform.
So
for
us,
it's
it's
all
about
yeah.
What?
K
How
can
we
give
an
artist
a
stage
that
they
can
directly
communicate
with
with
their
Community,
attract
the
community,
make
sure
that
they
are
entertained
and
that
they
can
communicate
in
in
in
in
in
the
right
way
and
that
they
can
also
keep
track
of
who's?
A
Super
Fan
because
everybody
says:
oh,
look,
I'm,
sorry,
I'm
a
super
fan
I'm
like
one
of
his
best
fans
in
the
world?
Yes
of
course,
but
here
you
can
actually
prove
it
that
you
bought
so
many
songs.
K
You
participated
in
in
in
real
life
events
in
in
in
in
in
Virtual
events,
so
yeah
for
us
nfts
are
not
only
used
in
in
the
form
of
art
or
music
nfts,
but
also
in
the
form
of
ticketing
and
and
that's
why
we,
we
are
basically
using
Casper
because
they're
it's
it's
a
fixed,
a
fixed
price
for
for
minting,
and
that
is
a
very
a
unique
selling
point
which,
which
you
are
are
making
use
of.
AI
K
I
mean
we
have
one
of
the
artists
they.
They
is,
for
example,
selling,
who
is
the
producer
and,
and
he
sells
high
quality
music
to
other
dgas
and
yeah.
Of
course,
this
makes
it
way
more
interesting
because
he
knows
then
who's
buying
and
he
can
keep
track
of
like
who's
who's,
actually
owning
that
that
that
piece.
AI
K
AI
AK
Lawrence,
thank
you
so
I'm
here
to
represent
Genesis
Code
by
the
vinage.
Not
rock
and
roll
wines
been
in
the
wine
business
for
quite
some
time,
so
I
know
a
little.
The
champagne
World
works
as
following.
Traditionally
so
there's
the
champagne
house
producing
the
champagne,
there's
the
negotion
there's
the
Importer,
the
distributor
and
the
final
consumer,
and
in
our
case
we
we're
producing
the
most
prestigious
champagne
in
the
world
that
sells
out
every
year
immediately
and
it's
basically
the
negotiation
that
decides
where
the
where
the
champagne
is
going.
AK
AK
So
what
we're
doing
we're
disrupting
we're
changing
the
the
champagne
Market,
which
has
been
like
this
since
1837
working
with
the
negotion,
who
takes
a
bit
big
cut,
so
we're
basically
selling
a
champagne
bottle,
called
Genesis
Code
by
devinos,
very
prestigious,
very
good
champagne
price
winning
medals
every
year,
and
this
bottle
comes
with
an
nft
which
makes
it
accessible
to
anyone.
AK
Knowing
that
this
bottle
is
going
to
increase
in
worth
and
with
the
nft,
you
have
the
digital
digital
certificate
of
ownership,
and
there
with
we
want
to
like,
have
the
bottle
stored
at
the
Chateau,
so
at
the
house.
So
the
champagne
house
keeps
it
stored
in
the
best
conditions.
Therefore,
you
know
it's
going
to
increase
in
worth
and
you
can
trade
the
nft
on
the
secondary
Market
in
three
to
five
years.
So
that's
what
we're
we're
dealing
with
yeah.
AI
AK
AI
Q
Think
it's
a
confusion,
because
the
wall
runs
on
analog
identities,
I
mean
you
know
when
you
do
a
a
proximity,
a
wireless
extraction
of
a
key
in
your
hotel
door.
Key
you
don't
need
an
nft
for
that,
so
the
identity
extraction
on
the
an
object,
it's
Universal,
that's
based
on
pki
public
infrastructure
has
been
there
for
25
years,
the
only
difference
or
what
you're
doing
and
we
are
doing
on
nfts.
Q
Would
be
exactly
and
not
possible
exactly
and
that's
a
big
opportunity.
You
know
we're
doing
the
same.
We
have
watches
in
Switzerland,
one
million
watches
already
certified
without
nft.
Now
we
are
convincing
the
brand
to
add
the
nft,
because
for
them
is
better
to
decentralize
the
authentication
of
that
watch
right.
So
so
that's
the
so.
AI
AK
The
cool
thing
is
for
the
champagne
house:
there's
a
term
called
so
in
Champaign
you
buy
your
champagne
on-premo,
which
means
pre-order.
Eventually
the
champagne
has
been
bottled
but
there's
not
been
paid
for
yet
so
you'll
invoice,
the
Importer
and
maybe
after
90
days,
you're
happy
when
they're
paying
in
this
case,
they're
paying
up
front.
So
the
champagne
house
gets
the
money
in
and
after
67
months,
we're
bottling.
So
there's
for
both
sides.
There's
a
win
win
situation.
AI
Okay,
thanks
for
clarifying
that
the
name
we
might
go
back
to
you
for
a
moment,
so
obviously
you're
using
nfts
nfts.
Similarly,
in
the
context
of
like
ownership
for
these
whiskey
casks,
that's.
AJ
AI
AJ
Right
so
so,
actually,
the
the
way
we're
using
nfts
is
as
a
digital
deed.
So
from
day
one
we've
always
called
them
digital
deed,
actually
trying
to
get
away
from
the
concept
of
using
nfts,
because
I
think
nfts
have
suddenly
got
this
kind
of
tarnished
view
around
it
right
and
so,
with
the
digital
deed
concept.
The
way,
the
way
we
Factor
things
is
basically
the
the
token
on
chain.
AJ
The
deed
contains
all
the
information
about
the
cost,
actually,
even
where
it's
stored
right,
and
so
you
don't
really
need
any
third
parties
in
the
way
to
get
to
your
physical
asset
right.
You
can
actually
look
on
the
token
on
chain
and
it
says
it's
stored
at
this
warehouse.
This
Warehouse
the
dislocation,
and
so,
if
you
actually
want
to
get
hold
of
it
and
we're
not
around,
for
example,
sample
you
can
go
approved
to
the
warehouse
that
this
is
mine
right
and
actually
claim
that
physical
asset
right.
AJ
AI
So
really
what
you're
saying
I
suppose
it's
twofold
one!
The
technology
is
more
fading
back
into
the
back
of
the
conversation
and
then
also,
obviously,
you
know.
Nfts
and
crypto
can
really
be
decoupled.
The
fact
that
you
know
you're
actually
looking
at
using
it
more
as
a
tracking
system
and
using
traditional
payment
methods
and
social
login.
K
That's
great
yes,
exactly
so,
maybe
to
add
on
that,
like
I,
fully
agree
with
him
like
people
are
talking
about,
nfts
like
like
in
in
a
very
broad
way
like
so
one
of
our
other
Ventures
is,
is
in
exchange,
so,
like
I
want
an
exchange
and
there
yeah
you
use
a
matching
engine.
Would
you
care
if
if
we
are
matching
a
trade,
whether
what
type
of
matching
engine
is
how
it
works?
No,
of
course
not
so
with
nfts,
it's
I
think
what
large
was
saying
had
like
a
digital
representation
or
digital
certificate.
K
That's
that
that's,
basically
what
you're,
what
you're
receiving
the
form
it
doesn't
matter.
It
shouldn't
matter
in
this
case
it's
electronic.
It's
verified
on
a
blockchain
in
in,
in
our
case
that
we
also
identify
the
customer,
because
that
also
gives
an
artist-
or
in
this
case
a
champagne
house,
the
the
the
right
to
to
look.
Who
are
my
customers,
who
is
actually
my
biggest
buyer?
Oh,
this
is
the
biggest
buyer
perfect.
K
Let's
invite
him
to
come
over
to
our
Chateau
and
and
meet
him
a
person
and
talk
about
champagne,
have
a
nice
dinner
and,
and
that's
that
so
yeah,
the
term
nft
I,
I,
I,
I,
I
I
attend
not
to
use
anymore
that
much
because
of
of
it
being
seen
as
something
speculative
or
something
different
for
us
ever
selling
digital
items.
In
this
case
the
digital
item
also
represents
a
good
and
yeah
how
how
it
functions.
Technically,
nobody
should
care.
K
AL
K
AJ
So
that
that
separation
between
crypto
and
nfts
as
a
technology
is
going
to
become
more
important
right
so
with
us,
for
example,
with
the
payment
system,
so
you
know
we've
actually
support.
Now
we
can
support
payment
using
any
crypto.
So
if
you
want
to
buy
a
cask,
whiskey
or
medicast,
you
can
pay
using
Bitcoin
or
ethereum,
where
historically
it
was
like.
We
had
to
use
Casper
because
that's
the
blockchain.
It
was
on
right,
so
that
separation
is
happening.
Actually,
the
biggest
question
we're
getting
right
now
is:
when
do
we
start
supporting
credit
cards.
G
AJ
So
everyone
wants
to
know:
when
will
credit
cards
be
available
on
metacar,
so
I
can
buy
a
bottle
of
whiskey
right
and
so
that
that
separation
is
already
there
in
people's
minds.
They
know
they're
buying
this
thing
they
get
the
digital
ownership.
That's
all
that
really
matters
right,
the
actual
blockchain
itself.
That's
what
our
story
about.
AI
Q
So
so
the
worth
the
fourth
Industrial
Revolution
is
complex
right
or
we
just
come
in
meetings
around
AI,
blockchain,
Quantum
and
and
people
are
getting
confused
because
they
say
where's
the
priority
where
I
start
right
and
what
we
explain
to
them
is
like
in
your
body.
You
have
your
heart,
your
stomach.
Each
organ
has
a
function
and
you
have
to
think
in
terms
of
a
platform.
We
are
not
building
a
blockchain
company
or
a
nft
company.
You
have
to
become
a
platform
company
because
in
a
platform
company
then
Brands
connect.
Q
You
like
you
connect
to
the
electricity.
They
don't
have
to
worry
themselves
on
cyber
security
on
blockchain,
and
if
you
do
that,
for
them,
that's
what
we
do
right.
We
we
bring
our
customers,
for
instance,
in
that
specific
sector,
where
we
see
a
huge
opportunity
now
is
basically
on
brand.
So
let's
say
you
know,
we
develop
a
watch,
a
very
sophisticated
Bulgari
watch,
which
is
a
25
000
Watts.
It
has
a
microchip
inside.
You
saw
it
right,
it's
an
amazing
watch
and
with
that
watch
you
can
enter
your
house.
Q
Q
He
say
to
me
if,
if
you
go
to
a
super,
if
you
go
to
a
duty-free
and
you
I
buy
a
perfume
for
my
wife
or
for
me,
Bulgari
doesn't
know
who
I
am
right
and
Bulgari
would
love
to
know
who
I
am
because
because
they
want
to
sell
me
other
things
that
is
the
entry
door
to
their
their
local
ecosystem.
Q
So
so
the
model
we
have
is
we
say:
okay,
if
we
do
two
nfts
one
for
the
person
nft,
which
is
my
identity
and
it's
non-reputable
identities
on
the
blockchain,
you
can
verify
I
don't
disclose.
Who
I
am.
This
is
encrypted
pii,
but
I
just
crossed
and
I,
like
Bulgari,
perfume
and
then
plus
of
that
I
have
an
nft
of
the
product
and
WE
peer
them
yeah
and
then
Bulgari
will
give
me
an
incentive
to
do
so.
Q
I'm
not
forced
to
do
it,
but
Bulgaria
will
give
him
an
incentive
which
is
similar
to
the
incentivation
process
than
you
describe
here.
Inviting
a
Bulgari
party
give
you
a
few
days
in
a
Bulgari
Hotel.
So
this
is
the
way
we
are
talking
to
Real
Madrid
we
are
talking
to
you
know
we
did
the
identity
for
the
football
or.
G
Q
Barcelona
Real
Madrid,
although
they
want
to
make
money
with
their
fans
Community,
they
have
millions
of
fans,
but
the
new
way
of
making
money
by
that
by
providing
two
nfts
one
for
the
identity
of
the
fan.
Second,
for
the
behavior
and
an
activity
of
the
fan-
and
this
is
where
the
real
Market
is-
people
are
ready
to
make
money
and
invest
a
lot
of
money
because
they
they
are
realizing,
and
this
is
a
much
more
efficient
way
to
create
their
ecosystem
than
the
traditional
social
media.
Q
AJ
Yeah
I
mean
that's
right.
So
what
we've
seen
with
our
discussions
with
the
brands
in
in
the
space
that
we're
in
is
that
once
I
sell,
let's
say,
for
example,
they
sell
a
batch
of
bottles
right.
The
bottles
get
sold
to
some
intermediary,
maybe
supermarket
in
the
UK.
Something
like
this
right
and
then
somebody
buys
it
at
the
end
of
it.
There's
no
direct
relationship,
you
don't
know
who's
actually
bought
it
right.
AJ
You
don't
really
have
the
you,
don't
maybe
you
don't
even
need
the
demographics,
you
just
don't
know
who's
actually
buying
this
stuff
right.
Apart
from
this
person,
who's
in
the
middle
and
so
having
an
nft,
that's
attached
to
that
particular
physical
asset
that
you
can
connect
to
using
some
sort
of
iot
tech,
so
whether
that's
QR
NFC
tags,
whatever.
It
is
right
that
interaction
that
that
tapping
action
effectively
links
you
to
the
person
who's
buying
your
product
right.
It
presents
an
interesting
opportunity
to
the
brand
and
that's
what
they're
looking
at
at
the
moment.
AJ
K
One
one
thing
which
I
do
want
to
mention
like
Ed,
like
being
identified
on
a
blockchain
or
having
your
kyc
on
a
blockchain,
yeah
I,
wouldn't
agree
with
that
that,
like
I,
would
never
buy
a
product
who
would
store
or
or
or
keep
my
information.
My
personal
information
on
a
blockchain
for
multiple
reasons,
but
I
think
also
from
a
regulated
perspective.
That's
quite
difficult
because
you
will
not
potentially
not
meet
gdpr
compliant
compliance
in,
for
example,
the
European
Union
so
have
India.
K
In
our
case,
every
we
we
do
store
client
data,
but
it's
in
a
traditional
way.
So,
basically
yeah,
it's
it's
yeah,
it's
an
e-commerce
environment.
For
us.
The
the
thing
is
here
that
we
want
to
open
the
door
for
for
artists
and
for
Brands
to
easily
connect
with
our
community
in
a
seamless
way
so
like
for
us
I
think
most
of
us
here.
They
understand
how
a
wallet
Works
they
understand
how
crypto
works,
but
a
lot
of
people
don't
and
a
lot
of
people.
They
just
see
something
cool.
K
They
just
want
to
grab
their
credit
card
and
and
buy,
and
and
and
they
don't
want
to
download
the
wallet,
write
down
seat
words-
maybe
lose
it
potentially
or
it
burns
so
at
for
us
like
what
what
we
are
very
much
looking
at
is
giving
the
at
the
user
a
very
simple
yeah
uix
experience
where
they
basically
don't
in
some
cases
they
will
not
even
understand
what's
happening.
On
the
background.
They
don't
even
understand
that
it
is
an
nft,
but
you
own
it.
K
They
don't
need
to
understand
it
and
the
people
who
do
understand
yeah
great
good
for
you
but
like
it
it
it's.
It's
not
really
necessary.
Again,
it's
you're
talking
about
tech
and
and
it's
not
not
something
which
yeah,
which,
which
makes
it
extremely
unique.
It's
just
a
different
way
of
doing
business
in
a
different
way
of
of
of
communicating.
So
so
you
can
measure
your
your
your,
your
your
community,
you
can
verify
that
that
hey,
the
fans
are
real.
AI
There's
been
a
lot
of
talk
as
well
around
you
know,
getting
to
the
ubereats
of
the
blockchain
worlds
and
over
the
course
of
the
last
few
days,
how
different
components
need
to
effectively
line
up
to
result
in
marginal
utility
and
then
we'll
come
up
with
these.
You
know
incredible
applications
that
initially
were
so
simple.
So
what
do
you
all
think
like
needs
to
actually
happen?
What
are
the
missing
kind
of
parts
to
actually
arrive
at
that
destination?
So.
Q
So
the
problem
we
are
facing
the
world
8
billion
people.
We
only
have
one
billion
with
a
digital
identity.
You
know
we're
deploying
projects
in
India
with
with
Indian
government,
because
they
want
to
issue
1.6
billion
identity.
But
this
is
a
very
complex
project.
You
know,
because
countries
don't
want
to
lose
the
control
of
the
identity,
so
so
there's
where
the
blockchain
can
help
to
create
a
de
facto
8
billion
identities.
For
everybody.
Imagine
that
situation.
Q
Q
Crypto
wallets,
Associated
I
was
just
with
Linux.
Linux
is
saying
we're
going
to
provide
wallets
to
everybody
on
Earth,
that's
a
breakthrough!
Yeah!
Suddenly
you
have
eight
billion
people
with
that
identity
and
8
billion
wallets.
Then,
whatever
we
do
on
the
top
of
that
explodes
ecosystem
on
Ft
will
be,
and
then
and
then
you
have
whether
Americans
and
European
they
are
doing
with
the
Egypt
act.
They
are
putting
45
billion
each
of
them,
because
what
they're
saying
every
single
object
that
will
connect
to
the
internet
will
not.
Q
We
need
to
be
authenticable
and
secure
the
same
thing
we
do
with
medical
products
with
the
FIA.
You
know
you
cannot
just
throw
a
medical
product
into
the
market
if
it
has
no
certification.
So
if
you
do
three
things
happen,
we
are
talking
about
8
billion
identities.
Eight
billion
wallets
and
2
trillion
objects
then
suddenly
creates
a
massive
ecosystem
and
about
the
Privacy
issue.
There's
not
any
problem,
because
you
don't
want
to
store
the
identity
on
the
on
the
blockchain.
What's
your
the
identity.
AM
Q
What
you,
what
you're
going
to
put
on
the
on
the
on
the
blockchain,
is
the
attribute
Associated
to
that
identity,
but
those
things
are
complex.
This
is
geopolitical.
Some
government
wants
to
have
a
hand
on
it.
It's
National
Security
involved.
So
that's
a
very
complex
issue,
which
is
beyond
the
understanding
on
some
of
the
blockchain
community.
AJ
I
mean
I
I
think
I
would
take
a
slightly
different
perspective,
which
is
it's
all
right
going
after
8
billion
people,
but
the
reality
is
that
you
need
to
offer
them
a
value-added
experience
right
like
if
there's
no
experience,
there's
no
point
saying
I'll
get
on
get
on
a
blockchain
have
a
wallet
right.
AJ
What
is
the
purpose
of
having
that
thing
right,
and
so,
as
projects
who
are
actually
building
for
the
space
that
you
know,
we
need
to
really
focus
on
what
value
we're,
adding
either
we're
allowing
producers
creators
to
transfer
that
value
to
the
End
customer,
and
how
do
we
do
that
in
a
in
a
in
a
way
that
you
know
that
doesn't
actually
make
these
people
go
well.
I'm,
too
scared
to
deal
with
this
right,
and
so
as
projects
I.
Think
that's
what
we
need
to
focus
on
like
that
end
user.
AJ
So
it
is
the
direction
that
that
projects
need
to
step
into
right.
Forget
about
like
getting
it
too
too.
Technical
to
you
know
too
hung
up
on
the
blockchain
you're
building
on
there's
a
lot
of
that.
I
see
a
lot
of
discussions
around
oh
you're,
not
building
on
ethereum.
You
know
building
or
near
you're,
not
building
on
this.
These
are
discussions
right
focus
on
the
experience
that
you're
going
to
provide
your
user,
and
if
you
do
that,
what's
behind
the
scenes
doesn't
matter.
AJ
K
Yeah
I
mean
look
for
us.
We
we
one
of
our
Ventures,
is
as
well
a
sovereign
Cloud.
So
basically,
it's
like
giving
governments
a
solver
on
cloud
so
meaning
that
they
are
in
control
of
the
data
like
I
would
not
even
go
into
that.
But
I
think
that
that
is
yeah
it
it's
it's
a
completely
separate.
It's
a
technical
discussion
on
on
on
yeah
what
Carlos
just
basically
mentioned.
It's
it's
completely
separate
I
think
that
what
name
is
saying
I
fully
agree
with
that,
like
so
what
what
you
need?
K
It's
a
simple
user
experience
that
people
feel
comfortable
to
buy
that
you
also
can
sell
that
to
brands
in
the
right
way
in
a
compliant
way
like
so
for
us.
We
we
basically
looked
at
this
I'm,
an
ex
text
lawyer
I
used
to
work
Baker
McKenzie
when
I
saw
like
web
tree
popping
up.
I
was
like
okay.
K
I
know
how
to
get
this
fully
compliant
and
I
know
how
to
make
sure
that
if
I
speak
with
an
artist
or
if
I
speak
with
a
brand
yeah
like
like
a
with
a
different
noise,
what
they
are
looking
for
in
order
to
ensure
that
they
that
they
will
enter
this
space,
no
major
brand
is,
is
interested
in,
let's
say
a
wallet
connector,
which
connects
your
metacask
a
metamask
to
to
immediately
have
purchase
an
nft
to
to
the
website.
Why?
K
G
K
Into
this
movement
in
in
a
seamless
way
from
let's
say
corporate
perspective,
also,
there
keep
it
simple,
like
you're,
not
selling
technology,
no,
like
like
I,
said
like
if
I,
if
I
speak
with
with
customers
for
for
our
change,
I'm,
not
gonna,
explain
them
how
the
technology
works
because,
to
be
honest,
they
don't
care,
they
just
want
exactly
funding.
They
want
secondary
markets,
they
want
liquidity.
In
this
case,
it's
the
same
thing.
K
If
you
want
to
enter
the
web
3
space,
hey,
you
want
to
be
sure,
as
a
corporate,
that
it
is
compliant
from
a
privacy
perspective.
That's
compliant
from
a
text
perspective
that
right
invoicing
is
in
place
that
you
have
the
right
payment
methods
to
be
used
can
be,
crypto
can
be
credit
cards
even
other
other
options
which
which
could
be
available,
like
even
bank
wire,
if
you
want
so
that
that
that
is
important,.
G
AK
Yeah
I
agree
as
neem
is
saying.
Experience
is
very
important
in
our
case.
Esteban
is
providing
us
with
the
technology
from
the
music.
So
what
we're
gonna
do
we're
gonna,
basically
build
a
a
Winehouse
like
the
Venice
we're
building
in
the
metaverse
together
with
The
Wine
Cellar.
So
when
you
acquire
a
couple
nfts,
you
can
redeem
them
for
a
couple
of
bottles,
but
you
can
also
go
to
the
Chateau
in
the
metaverse
and
taste.
AK
AI
I
know
we're
just
coming
up
on
time,
so
I
just
want
to
maybe
end
with
going
around
the
room
quickly,
once
one
top
tip
that
you
would
have
for
a
business
considering
looking
at
this
technology.
What
would
you
say,
I.
Q
Would
say
that
we
are
in
2023,
maybe
in
the
industrialization
phase
of
nft
I
think
companies
are
ready
to
move
there,
I
think
the
user
experience
good,
but
we
have
a
very
good
user
experience
with
an
NFC
and
didn't
did
in
a
scale,
so
we
need
to
scale.
We
need
to
have
to
scale
this
and
and
I
understand
those
Niche
projects
are
essential,
but
we
also
need
to
see
about
the
wall
right
because
there's
where
you
scale
and
if
we
can
scale
well
at
the
same
time
we
maintain
the
Simplicity.
AJ
I
I
guess
the
main
thing
I
would
say
is:
don't
worry
too
much
about
the
the
tech
just
focus
on
the
product,
the
actual
problem
you're
trying
to
solve
and
explain
the
problem
right
and
then
you
can
explain
how
the
tech
will
help
solve
that
problem
and
that's
kind
of
what
we're
trying
to
do
with
the
brands.
AJ
You
know
that
customer
engagement,
that's
the
aspect
that
they're
most
interested
in,
and
so
you
know
that.
That's
what
we're
focusing
on
sure
great.
AK
AI
Amazing,
well,
thank
you
all
for
tuning
in
and
do
we
have
time
for
questions
or.
AI
If
not
well
feel
free
to
follow
up
with
us
on
LinkedIn
or
Twitter,
oh.
AJ
AN
I'm
not
saying
this
is
more
of
a
plug
than
anything
else,
but
with
Carlos.
You
know
we're
talking
about
proof
of
ownership
of
the
nft,
but
what
excites
me
is
we
can
move
past
proof
of
ownership
and
you
know
proof
of
custody,
proof
of
temperature.
Proof
of
that
Barrel
wasn't
it.
You
know
that,
for
me,
is
that
second
generation,
because
I
don't
know
if
the
bonded
house
has
drained
my
alcohol
and
at
least
it
was
something
else.
AL
AJ
So
actually
interesting,
so
we
have
a.
We
have
a
collection
on
our
site
from
House
of
Bread,
so
I
think
some
of
you
guys
familiar
with
Hardware
from
the
previous
chat
and
we
have
barrels
there
and
the
goal
is
that
those
barrels
will
eventually
have
Tech
around
it.
So
you
can
actually
monitor
these
things
and
see
how
but
yeah
I'll.
Q
Give
you
an
example:
today
we
announce
goal
nft
a
six
billion
dollar
gold
minting
facility
in
Italy,
then
they
wanted
to
keep
the
goal
as
a
custody
but
sell
to
you
the
possibility
of
buying
the
gold
by
buying
the
nft.
Now
what
you're?
Solving
there
the
logistic
issue,
because
if
I
buy
gold
I
have
to
keep
it
I
have
to
transfer
I
have
to
put
it
in
my
save,
very
completely
very
expensive.
Now
this
goal
is
there:
it's
stored
in
a
high
ultra
high
secure
facility,
I
buy
the
nft
I
on
the
goal.
Q
A
A
A
A
A
A
A
M
M
M
M
M
G
G
G
G
G
G
A
A
A
A
A
Joining
us
on
stage
are
our
two
moderators
Jonathan
Dalton
CEO
and
founder
of
equity
Labs,
as
well
as
Anna
tumatore
to
madatri
CEO
of
Creative
Commons,
Alex,
fierst,
CEO
of
murmur
Nation
labs
and
Twiggy
Garcia,
also
known
as
DJ
Twiggy,
the
DJ
and
music
producer.
Let's
give
them
a
very
warm
welcome
to
the
stage.
AO
All
right:
well,
thanks
to
everybody,
we
know,
we've
got
an
exciting
20
minutes
here
to
get
through
a
lot
as
a
show
of
hands.
How
many
people
here
have
used
some
form
of
generative
AI
like
chat,
gbt
or
mid-journey,
something
like
that?
Okay,
so
most
people
right
and
how,
as
a
show
of
hands,
how
many
people
believe
that
you
understand
the
current
state
of
copyright
with
those
Technologies
I
see
Zero
hands
almost
half
a
hand.
AO
That's
about
right,
because
at
the
moment
we're
in
this
tremendous
flux
where
this
massive
new
creative
tool
has
come
forward,
and
we
are
all
rushing
to
understand
what
the
implications
are
that
for
creativity.
Today's
panel
is
looking
at
how
copyright
can
potentially
enable
more
creativity,
which
is
really
what
people
forget.
AO
AP
AQ
AR
AQ
Yeah,
so
a
lot
of
folks
are
very
excited
about
this.
The
short
version,
I
guess,
is
the
recent
generation
of
Technologies
called
Transformers,
which
came
out
of
the
Google
brain
project
a
couple
years
ago,
sort
of
the
T
and
GPT
is
Transformer,
which
has
to
do
with
using
large
language
models,
taking
a
lot
of
training
data
and
then
roughly
the
process
that
I
think
has
led
to
a
lot
of
Advance.
AQ
It
was
like
adding
a
bunch
of
noise
to
it
and
using
math
to
figure
out
what
that
does
to
it
and
then
reducing
a
bunch
of
noise
to
it
from
it
until
you
get
another
version
of
it.
So
it's
almost
like
sort
of
like
compression
decompression
and
a
lot
of
people
say
like
it's
just
math,
but
essentially
you're
using
very
large
sets
to
train
a
computer
model
on
what
a
particular
representation
of
something
is
or
might
look
like,
and
then
using
sort
of
Composites
of
that
very
large
set
to
generate
new
generations.
AQ
That
are,
you
know,
complicated
Composites
of
all
the
concepts
that
it's
digested.
AO
AO
So
I
like
to
think
of
it
as
a
massive
step
forward
in
creativity,
if
it's
harnessed
correctly
and
yet
like
there
are
huge
ethical
implications
for
all
the
reasons
that
Alex
has
mentioned
about
how
you
train
this
type
of
model,
because
it
is
utterly
dependent
on
existing
Works
in
order
to
create
new
works
and
that
therein
lies
the
big
question
that
we
want
to
tackle
today
about.
Well,
what
are
the
rules
around
that,
and
how
can
we
be
fair
with
that
process?.
AP
AR
I
have
a
bit
of
a
weird
view
on
this,
where
I
think
that
training
stuff
on
existing
works
is
kind
of
fine,
because
you're
making
a
representation
of
this
work.
That's
not
exactly
the
work
and
then
you're
kind
of
remixing.
The
whole
thing
as
an
output
I
have
seen
some
companies
try
and
take
a
little
bit
of
a
different
approach,
there's
one
from
the
UK
that
they
try
and
build
the
model
from
really
base
representations
of
music,
and
then
they
have
lots
of
music.
That's
written
and
train
the
model
on
that.
AP
AQ
Yeah
sure
I
can
take
that
out.
So
so,
actually,
just
this
week,
there's
been
a
couple
of
lawsuits
filed
and
often
when,
when
words
can't
solve
a
solution,
you
have
to
find
a
judge,
and
you
know
give
your
version
of
it
to
them
and
and
the
artists
that
are
suing
this
company
stability,
which
does
stable
diffusion
and
several
of
the
other
large
language
model.
Companies
are
basically
saying
like
this
was
trained
on
on
my
work.
You
know,
I
have
200
paintings
out
there
and
it's
very
popular
for
people
to
say.
AQ
Oh
give
me
a
dog
eating
ice
cream
in
the
style
of
me,
and
then
you
can
create
infinite
versions
of
this,
and
the
basis
of
this
was
clearly
my
200
painting
and
so
in
a
normal
context,
or
so
their
view
of
it
might
be
something
like
well.
This
is
like
an
unauthorized
sequel
or
like
in
what
in
copyright
you
call
it
derivative
work
which
is
like
you
should
license
that
you
should
pay
me
for
it,
so
that
you
can
make
more
copies
of
the
type
of
thing
that
I
did
just
like.
AQ
If
you
wanted
to
write
a
Star,
Trek
episode,
you'd
pay
somebody
at
Paramount
and
you
do
a
licensing
going
on
an
unlicensed
Sequel
and
that's
sort
of
what
they're
suing
over,
which
is
like
their
views.
Like
ethically
using
training
data.
You
should
be
paying
the
creators
who
have
contributed
to
the
training
of
the
models
to
to
generate
more
of
these
Styles
and
then
and
and
obviously
for
folks
whose
work
is
being
scraped,
that's
one
View
and
then
for
folks
who
are
excited
about
using
it.
AQ
They
may
have
like
a
different
view,
which
is
that
this
work
is
out
there
in
the
world
learning
whether
it's
done
by
biological
or
non-biological
Consciousness
is
learning.
I
can
go
to
the
museum.
Look
at
100,
paintings,
paint
ones,
just
like
it.
I
don't
have
to
pay
anybody.
AQ
Why
should
we
have
to
do
this
if
a
machine
is
doing
it?
So
why
would
we
want
to
constrain
education
and
the
Regeneration
of
a
style
which
is
something
you
can't
really
own?
And
so
those
are
sort
of
the
battle
lines
right
now
that
are
going
to
go
to
court
and
right
now
in
San,
Francisco
and
then
also
in
London.
AO
I
actually
curious
I'll
ask
when,
when
you
think
about
the
work
that
you've
done
with
electronic
music
and
remixing,
which
is
like
a
core
part
of
how
you
create
your
expression,
how
do
you
feel
about
the
novelty
of
that
right?
Because,
in
a
way,
remixing
is
very
similar
to
what's
being
described
here
right?
But
yet
there
are
new
genres
that
were
created
only
with
the
ability
for
you
to
remix.
AR
I
think
that
I've
hold
the
view
that
most
things
are
a
remix
like
and
that,
if
you
look
at
even
the
evolution
of
genres
like
they've,
come
from
somewhere
and
they've
been
influenced
by
something
and
then
they're
just
a
spin
on
it.
You
know
sort
of
disco
giving
birth
to
house
music
or
like
dubstep,
which
would
have
been
considered
a
new
genre,
but
it's
it's
just
an
amalgamation
of
of
different
genres
that
came
before
it.
AR
AR
Told
the
view
that
when
it
comes
down
to
AI
tools
like
a
human
in
the
loop
and
an
algorithm,
will
outperform
just
an
algorithm
or
just
a
human.
AR
AR
AO
Hopefully
so
I
think
if
we
transition
out
I,
think
we've
been
trying
to
find
a
lot
of
ways
of
establishing
analogies
for
how
we
might
have
been
here
before,
and
Alex
has
made
a
point
to
me
many
times
before.
That
analogies
are
dangerous,
so
I'll
put
that
out
there,
but
I
think
for
those
of
us
that
were
growing
up
with
the
arrival
of
the
internet.
There
was
this
really
curious
issue
around
search
engines
that
feels
really
familiar.
AO
So
let
me
rehearse
it
a
little
bit
and
then
have
the
panel
respond
when
you
previously,
when
you
wanted
to
find
something
on
the
Internet,
you
had
to
go
to
a
directory,
and
that
was
something
that
was
human
created
and
that
was
like.
There
was
a
set
of
people
that
classified
like
a
white
pages
like
approach
to
finding
things
on
the
internet.
AO
Add
that
what's
also
interesting
is
that
the
cat's
out
of
the
bag.
So
if
you
go
to
places
like
hugging
face
and
other
types
of
Community
Driven
AI
platforms,
you
can
actually
do
this
on
your
own,
and
you
can
see
that
people
are
already
starting
to
assemble
new
models
and
it's
gonna.
It
seems
very
difficult
to
imagine
a
world
in
which
all
that
is
contained
unless
you
go
and
repeat
the
process
of
like
basically
suing
everybody
and
trying
to
kind
of
get
your
way
out
of
that.
AO
So
there's
we're
in
this
moment
of
tremendous
flux
that
that
feels
similar,
maybe
going
back
to
Alex
and
then
also
Anna
who's.
You
know
provided
with
her
organization
an
alternative
to
dealing
with
that
problem.
What
are
the
lessons
that
you
guys
see
with
all
that.
AQ
Yeah
so
lawyer,
in
a
nutshell,
you
have
a
new
thing
and
there's
one
person
gets
up
and
is
like.
Oh,
this
is
just
like
that
time.
We
did
the
thing
and
then
the
other
person
gets.
Something
is
like
no.
No,
it's
not
it's
like
the
time.
We
did
the
other
thing
and
then
you
win,
based
on
which
thing
you
think
is
right.
AQ
There's
ways
that
it's
like
a
search
engine
there's
ways
it's
not
like
a
search
engine,
one
of
which
is
that,
like
search
engines,
help
you
find
stuff
and
direct
you
to
the
original
Creator,
give
them
clicks
or
give
them
revenue
or
give
them
attention.
Generative,
AI
potentially
does
none
of
those
things,
and
this
is
why
folks
are
arguing
over
like.
Is
this
like
the
time
we
didn't
pay
for
it?
AQ
Or
is
this
like
the
time
we
did
pay
for
it
and
which
of
those
is
sort
of
like
ethically
appropriate
I'm,
not
a
huge
fan
of
the
like?
We
could
never
enforce
it,
even
if
we
wanted
to,
because
I
think
it's
generally
worth
trying
if
we
think
it's
the
right
thing
to
do
so
so
I'm
so,
but
pragmatically
I.
Of
course,
we
shouldn't
go
out
in
the
world
suing
everybody
who's
generated
a
picture
of
a
dog
eating
ice
cream,
but
I
think
the
short
version
is
like
it's.
AQ
The
fact
that
things
are
going
to
court
is
a
sign
that
there
is
a
deep
dispute
over
which
of
these
narratives
or
which
of
these
mental
models
feels
correct
to
people,
because
I
think
there's
certainly
one
view
which
is
like
it's
data
out
there
in
the
world:
let's
spider
it,
let's
use
it
and
let's
create
new
tools.
Why
would
you
ever
want
to
stop
people
from
creating
wonderful
new
tools
for
creation,
they're,
important
and
I?
Think
the
response
of
that
is
like
we
don't
want
to
stop
them.
AQ
G
AP
AP
Would
they
include
some
sort
of
information
so
that
any
payment
can
come
back
to
them?
Are
we
talking
about
building
some
sort
of
a
commercial
Cooperative
where
everyone
benefits
from
this
and
and
how
far
away
from
like
the
ethos
of
a
public
Creative
Commons?
Are
we
at
that
point?
Because
you
know
if
everything's
a
remix
anyway,
should
we
all
just
be
sort
of
benefiting
from
each
other's
creativity
and
Humanity
with
what
comes
next,
there
are
a
lot
of
like
sticky,
open
questions.
AR
I
think
I
saw
some
stuff
recently
about
Deep
Mind
and
how
they're
going
to
release
a
competitor
to
chat
gcp
and
that
their
model
will
be
able
to
do
things
that
chat.
Gtp
can't
do,
which
is
also
point
you
to
like
sourced
material.
AR
So
there's
some
stuff,
that's
in
the
works
and
I
think
that
baking
that
into
the
tools,
might
be
a
way
of
a
tree.
So
you
could
have
like
in
the
neural
network.
You
could
have
the
weights
that
you
have
and
you
could
have
some
sort
of
system
of
Measuring
Up
how
much
of
a
specific
weight
was
used
for
your
output
and
then
attributing
that
to
the
training
data.
There's
some
way
of
of
solving
that
problem.
AQ
And
this
goes
to
the
transparency
sort
of
two
orthogonal
things
which
is
like
the
Creator
aspects
of
creative
work
and
then
the
software
sort
of
how
transparent
and
how
the
provenance
of
what
the
software
is
doing
can
be
tracked
and
made
transparent.
Again.
I
feel
like
I
could
be
the
first
person
in
this
panel
to
say:
blockchain
solves
this
and
possibly
get
a
prize,
but
but
it
might
not
solve
it,
but
blockchain
might
help
we're.
AO
AO
What
I
found
was
interesting
is
that
when
you
look
back
at
the
history
of
this,
it's
fascinating
because
there
there
were
discussions
about
figuring
out
ways
of
compensating
even
website
owners
at
the
beginning
of
the
days
of
search,
so
I'm,
going
back
to
an
analogy,
but
I
find
it
useful
and
in
what
was
decided
at
that
time
was
that
it
was
going
to
be
very
difficult
to
contact
everyone
and
then,
more
importantly,
it
was
gonna,
be
difficult
to
actually
transmit
like
fractional
payments
to
people.
AO
AO
Here's
this
other
approach,
and
so
I'd
love
for
you
to
describe
that,
because
I
think
programmatically,
what's
really
important
about
the
blockchain,
is
that
it
can
provide
an
array
of
solutions,
but
what
it
really
needs
are
principles
and
really
innovative
ways
for
us
to
create
values
about
how
artists
are
going
to
come
together
and
do
exactly
the
types
of
things
that
might
be
able
to
protect
them
and
share
them.
So,
let's,
let's
look
at
this
model.
What
what
is
a
creative
column.
AP
Well,
I
was
going
to
say:
principles
is
a
key
word
here.
Principles
and
values
and
I
mean
that's
a
big
part
of
why
Creative
Commons
is
so
interested
in
these
emerging
Technologies
is
like
if
you
are
building
a
new
system,
whatever
that
system
may
do,
we
want
it
to
be
built
on
principles
of
equity.
You
know
access
to
information,
better
sharing
and
so
forth.
AP
So
when
Creative
Commons
came
about,
you
know
it
was
sort
of
the
early
days
of
the
internet.
I.
Imagine
there
are
some
former
hosts
of
geocities
sites,
maybe
in
the
audience
here
you
know
things
were
pretty
fun
back
then,
but
things
were
also
just
like
one
big
copyright
infringement.
But
what
was
happening
is
that
there
was
already
this
culture
of
people
who
wanted
to
share
their
Works.
They
like
wanted
other
people
to
reuse.
What
they
had
done
to
translate
their
poetry
to
you,
know,
create
a
funny
GIF
out
of
their
dog
eating
ice
creams.
AP
Apparently
a
thing
I
totally
missed
out
on
the
AI
World,
and
you
know
this
was
this
was
a
problem
because
nobody
had
a
way
to
definitively
like
I
couldn't
definitively
tell
Alex
like
it's
cool.
You
can
use
the
photo
I
promise.
I
won't
sue
you
once
you
put
it
on
a
t-shirt
or
once
you
put
it
on
your
website
or
whatever
you
do,
and
so
Creative
Commons
the
nonprofit
created
the
CC
license
suite
and
a
set
of
public
domain
tools,
and
so
that
puts
the
power
in
the
hands
of
any
individual
Creator.
AP
To
say,
like
hey,
you
know
what
you
can
do
anything
you
want
with
this
photo.
I
am
dedicating
it
to
the
public
domain
or
you
know
what
you
can
do
anything
you
want,
but
I
want
you
to
say
that
I
took
it.
I
want
the
attribution,
because
I
would
like
that
to
come
back
to
me
and
maybe
I'm
not
feeling
real,
like
I
want
to
give
everything
away
and
I'm,
like
you
know
what
you
can
use
it,
but
you
can't
make
any
money
off
of
it
like.
AP
So
if
you're
gonna
go,
do
something
commercial,
you're
gonna
have
to
come
talk
to
me
first
and
so
there's
this
whole
Suite
of
licenses
and
public
domain
tools
that
that
folks
can
use
and
they're
they're
simple
they're
easy
to
understand
for
somebody
coming
into
this
into
this
ecosystem
and
I.
Think
what's
interesting
about
the
emerging
Technologies
here
and
like
a
lot
of
the
questions
that
we
get
asked
is
like,
is
there
going
to
be
a
way
for
this
to
interact
with
AI
like
if
I
openly
license
my
work
in
a
specific
way?
AP
AP
AQ
AP
It
the
Republic
utility
at
the
end
of
the
day,
I
mean
yes,
I
know
we
are
the
product
because
they're
doing
our
data
and
I
get
nostalgic
for
out
to
Vista
too,
but
I'm
sure
they
had
some
stuff
that
they
weren't
proud
of,
but
point
being.
Is
there
a
future
where
AI
is
a
public
utility
in
the
same
way
and
where
everybody
benefits
from
it
in
such
a
way
that
this
becomes
a
non-issue
and
a
non-argument
now
I
feel
like
I've
said,
I've
said
my
bit
on
my
allocation
of
time.
Here
it's
over.
AO
To
you
all,
I
mean
I,
don't
know
how
much
time
we
have
left
I'm,
seeing
here,
there's
two
minutes
left,
potentially
okay,
God,
so
I
want
to
let
I
want
to
do
what
I
think
we
pledged
to
do,
which
was
give
the
artists
a
critical
amount
of
time.
So
I
want
to
probably
give
Twiggy.
The
last
word
on
this
here,
I'm
curious
about
what
is
the
vision
that
you
have
for
like
a
positive
way
of
incorporating
AI
I
want
to
end
on
a
hopeful
note,
because
I
think
we've
I.
AR
Think
it's
more
the
way
I
look
at.
It
is
as
a
force
multiplier
so
like
there
might
be
different
ways
that
you
can
use
at
different
types
of
tools
like
in
some
of
the
music
production
programs.
You
have
things
like
Ableton,
where
you
can
put
in
a
piece
of
music
and
you
can
extract
midi
from
it
and
then
you
could
re
rejig
it
around
and
remix
it,
but
you've
extracted
some
of
the
information
from
there.
AR
Now
there's
a
bunch
of
different
tools
there.
A
lot
of
the
stuff
that
you
can
use
is
not
great
when
it
comes
to
music,
the
tech
stuff
and
the
image
stuff
is
way
better.
Currently,
but
yeah
I
see
it
as
a
force,
multiplier
and
I
think
that
it
will
lead
people
to
be
more
creative
and
have
more
output
and
just
lower
the
barrier
to
entry
for
people
wanting
to
create,
as
a
lot
of
tools
have
done
and
I
think
that
there's
been
a
lot
of
backlash
in
the
past.
AR
Like
the
Advent
of
like
cameras,
you
know
photography,
people
were
upset,
but
you
could
create
these
images
and
that
you'd
had
you
could
replace
someone
with
painting
it
for
you.
So
I
think
we're
going
to
have
a
lot
of
disruption,
but
if
we
can
find
a
way
that
people
are
compensated
if
their
work
is
used
in
a
manner
that
slightly
abusive
I
think
then
yes,
it
could
be
quite
positive,
because
then
more
people
will
feed
into
the
system
and
opt
in
and
create.
AO
AO
I
think
I
share
our
enthusiasm
to
keep
that
discussion
going.
We
will
do
that
and
we're
thinking
about
a
variety
of
different
conferences
that
we
want
to
hold
on
this.
But
this
is
such
an
exciting
opportunity,
because
we
can
get
it
right.
We
don't
have
to
repeat
the
mistakes
of
the
past,
so
thanks
all
for
joining
and
really
appreciate
your
time.
A
Panel
a
hand
as
they
leave
the
stage
we're
officially
heading
into
our
block
three
dedicated
to
the
state
of
gaming
and
the
metaverse.
We're
kicking
things
off
with
a
keynote
web3
gaming
dead
or
rebooting.
Join
me
in
welcoming
to
the
stage
Jimmy
Timothy,
McCann,
co-founder
and
CEO
of
metabest
capital
Timothy.
Welcome
to
the
stage.
AS
AS
The
lights
are
lovely
hi
everyone
nice
to
be
here.
Thank
you
very
much.
Thanks
for
having
me
I'm
gonna
get
right
into
it,
because
I
don't
have
a
lot
of
time.
The
first
message
well
I'm
just
going
to
talk
about
what
we're
seeing
in
the
gaming
industry
web3
gaming,
blockchain
gaming,
whatever
you
want
to
call
it
I'm
going
to
give
you
my
views
and
then,
by
the
end
of
it,
we'll
see
where
we
land
okay.
So
let's
get
one
thing
out
of
the
way
first
play
to
earn
is
dead.
AS
How
does
that
feel
all
these
people
here
I
think
I'm,
more
or
less
in
agreement
with
them?
Why?
Because
playing
just
for
the
sake
of
earning
playing
a
game
just
for
the
sake
of
earning
does
not
work,
it
doesn't
create
a
sustainable
ecosystem.
Why?
Because
games
need
to
be
enjoyable
to
be
played?
People
need
to
play
to
enjoy
the
game.
If
something
else
happens,
that's
fine!
AS
Okay,
actually,
Infinity
proved
this
very
well.
The
value
went
up
very
quickly
and
then
the
value
came
down
very
quickly.
There
was
no
sustainability
built
in
you
need
people
and
you
need
people
to
keep
coming
in
and
they
need
to
stay
in
in
order
for
an
ecosystem
to
work
and
thrive
in
order
for
Value
to
be
created
and
then
sustainability
to
be
achieved.
Okay,
so
that's
why
play
to
earn
is
officially
dead
now.
AS
Does
that
mean
we
should
all
just
go
home
and
forget
about
all
this?
Has
this
been
a
big
waste
of
time?
Well,
no
I
think
there's
something
much
more
exciting
to
talk
about
so
I'm,
going
to
introduce
you
to
my
son,
he's
eight
years
old
and
he's
an
absolute
Fortnight
fanatic.
He
loves
it.
He
plays
it
like
two
three
hours
a
day
and
he
came
to
me
a
few
days
ago
and
he
said
dad.
Did
you
know
that
if
I
win
this
Fortnight
event
that
Mr
Beast
is
hosting
I
win
a
million
dollars?
AS
I
said
to
him:
oh
I
just
looked
at
him
first
and
then
all
of
a
sudden,
you
know
my
eyes
started
to
widen
and
I
was
like
if
my
son,
who's
eight
years
old,
is
telling
me
that
this
is
already
viral
okay.
So
the
Genies
out
of
the
bottle
and
what
I
would
say
is
then
we
are
talking
about
a
total
addressable
Market
of
three
billion
users
plus
the
whole
gaming
industry
for
playing
and
earning
not
playing
to
earn
the
distinctions
there
right,
playing
and
earning
or
playing
and
owning,
is
very,
very
different
concept.
AS
Nah.
Are
we
back
on
track?
Are
we
going
to
make
Untold
fortunes?
Is
everything
great
again?
Well,
it's
not
quite
that
simple
either.
Why?
Because?
Well,
the
role
of
blockchain
in
playing
and
earning
will
be
very
secondary,
it'll,
be
invisible.
In
fact,
we
need
to
come
to
terms
with
the
fact
that
we
are
not
the
star
of
the
show
when
it
comes
to
gaming
as
blockchain.
We
are
silent
and
even
better
invisible.
We
are
just
a
supporting
Act
and
that's
quite
important
because
throughout
the
ages
of
cryptocurrency,
it's
all
been
about
cryptocurrency.
AS
It's
all
been
about
Bitcoin
being
the
great
disrupter
another
store
of
value.
It's
been
about
defy
replacing
traditional
Finance.
Those
are
means
to
an
end,
that's
fine,
but
we
have
to
recognize.
The
role
of
blockchain
in
this
case
is
secondary
and
silent
and
hidden.
Okay,
now
is
that
what's
playing
out
in
the
market
today,
let's
have
a
look.
AS
AS
AS
We've
established
that
okay,
so
a
lot
of
these
companies
are
actually
for,
unfortunately,
not
going
to
do
well
unless
they
have
put
the
emphasis
on
the
enjoyability
of
the
game
unless
the
game
is
sticky
and
good
and
interesting
to
play
some
of
these
games
actually
I
do
believe,
will
do
very
well
star.
Atlas
is
up
there.
You've
heard
of
that
I.
AS
Think
big
time
is
one
to
look
out
for
so,
if
you're
looking
for
a
game
to
get
a
little
bit
of
interested
in
big
time's,
really
good
shrapnel
has
got
a
lot
of
notoriety
already
with
traditional
Gamers.
There's
a
lot
of
hype
around
that
now.
AS
If
you
see
that
and
then
you
wonder
what
was
happening
with
these
guys,
let
me
tell
you
they
have
said
play
to
earn,
is
terrible.
Nfts
are
terrible,
except
for
Ubisoft.
Ubisoft
are
being
quite
Progressive
publicly.
The
rest
have
distance
themselves
and
that's
ultimately
proved
to
be
quite
a
smart
move
given
what's
happened,
but
in
the
background
they
have
all
been
quietly
peaked
or
interested
in,
what's
going
on
with
the
ability
to
earn
or
own
in
gaming,
we
know
this
for
a
fact.
AS
A
lot
of
them
are
are
sort
of
investigating
and
developing
putting
a
lot
of
r
d
into
investigating
this.
This
ability.
Now,
if
you
see
what's
happening
here,
you
have
sort
of
web3
which
is
coming
back
towards
it's
about
the
game.
It's
about
enjoyability,
it's
calibrating
itself
back
towards
web
too.
Somehow
web
2
itself
is
starting
to
get
interested.
AS
AS
Web
2
is
starting
to
open
up
to
the
idea
of
playing
and
earning
playing
and
owning
what
we're
seeing
is
the
industries
are
coming
together,
what
we
call
Web
2.5
gaming,
okay,
so
it's
no
longer
this
kind
of
ambition
to
destroy
or
disrupt
or
be
separate
to
parallel
to
it
is
in
fact
a
it's
an
amalgamation
of
Industries
and
we're
talking
about
one
addressable
market
now,
okay
and
that's
important
to
recognize
so
that
we
can
navigate
this
as
a
VC
or
as
a
stakeholder.
We
need
to
know
what
we're
dealing
with
right.
AS
So
this
is
very
important.
We
are
web
2.5
gaming,
but
the
question
here
is
what
happens
with
web
2.5
gaming?
Who,
who
wins?
Is
it?
Is
it?
Is
it
all
these
guys
or
is
it
the
independent
Studios?
Is
it
a
new
technology?
Is
it
a
new
bunch
of
actors
coming
in
the
truth,
is
somewhere
in
between
I
believe
if
you
look
too
free
to
play
and
if
you
look
to
Mobile
gaming,
they
came
along
not
that
long
ago.
AS
If
you
look
at
the
history
of
gaming
and
they
were
challenges
to
the
norm
now
they
didn't
take
away
the
traditional
gaming.
These
guys
still
exist,
they've
thrived,
but
we
had
new
actors
coming
in
tencent
became
one
of
the
most
biggest
the
biggest
organizations
in
the
world
in
terms
of
gaming,
and
what
you've
seen
is
a
gaming
Market
that
has
grown
to
include
Mobile
gaming
and
free-to-play
Concepts.
It's
gotten
bigger
and
better.
AS
This
is
our
thesis
for
what's
going
to
happen
with
blockchain
and
gaming,
the
just
the
gaming
industry
is
going
to
evolve
to
become
become
better
because
there's
earning
potential
there's
owning
potential.
These
features
have
been
enabled
by
blockchain.
So,
and
you
know,
smart
VCS
have.
AS
AT
There
is
one
thing
that
actually
is
not
the
presentation
that
I've
prepared
for
today,
we've
sent
over
two
files
and
that's
the
one
which
I
have
already
used
on
Monday.
So
if
you
have
the
presentation
from
for
today,
I
would
ask
her
to
the
crew
to
to
update
it
anyway.
I
will
try
to
move
on
without
the
presentation.
I
need
to
admit
that
I.
Really.
Like
the
speech
of
my
of
my
preced
user,
he
explained
that
the
great
potential
of
web
free
gaming
industry.
AT
So
this
makes
my
presentation
much
easier
because
I
don't
need
to
explain
you
why
I
see
a
huge
potential
in
web
free
gaming,
but
I'm
really
curious,
because
we
went
through
the
very
interesting
Journey
from
2020
when
axi
infinity
and
played
to
earn
erupted
until
the
previous
year,
where
many
people
say
that
we
played
to
earn
and
blockchain
games
are
dead,
so
I'm
very
curious.
What
is
your
guess,
because
now
we
have
the
statistics
for
the
whole
previous
year.
What
is
the
share
of
gaming
transactions
in
the
whole
blockchain
activity?
AT
Who
can
guess
10
percent,
who
gives
more
20
30.
actually
across
the
whole
previous
year?
It
is
49
according
to
the
DAP
reader,
so
this
is
a
huge
number
and
a
great
example
of
the
potential
of
web
free
gaming.
In
the
only
previous
year
it
is
10
billion
dollars
invested
in
the
web.
Free
gaming
industry,
I
I,
see
I.
Think
that
you
are
doubting
so
I
will
send
over
the
link
to
the
adaprada
report.
AT
Report
that
they
they
do
it
on
their
monthly
basis,
yes,
and
and
actually
it
was
even
over
more
than
550
percent,
but
due
to
the
defy,
let's
say,
Bull
Run
and
Perpetual
dexes.
At
the
end
of
the
last
year,
it
went
a
little
bit
down
below
50
percent,
but
I'm
happy
to
share
my
statistics
and
so
at
the
same
time,
the
industry,
the
vcc's
potential
they've,
invested
over
10
billion
dollars
in
the
previous
year.
AT
So
this
is
a
great
sign
and
validation
of
what
what
is
coming
and,
according
to
my
spreadsheet,
my
company
is
keeping
track
of
all
gaming
Studios
entering
the
blockchain
industry.
It
is
over
700
gaming
Studios
building
on
top
of
the
blockchain,
but
there
is
a
very
big
limitation
of
their
success
and
this
is
the
infrastructure,
because
without
a
user-friendly
infrastructure,
we
are
not
able
to
scale
scale
for
the
massive
gaming
industry.
Gaming
industry
is
responsible
for
180
billion
dollars
generated
each
year.
It
is
2.9
billion
users
across
the
world.
AT
Let's
say
that
you
would
like
to
send
the
link
to
your
non-crypto
friend,
and
you
would
like
him
to
play
with
you
a
non-cryptal,
a
crypto
game
he
needs.
First
of
all,
you
need
to
instruct
him
how
to
download
crypto
wallet,
how
to
invest
in
the
gas
fees
based
token.
There
are
a
couple
of
them
because
all
of
those
games
are
building
on
different
chains.
AT
I
believe
that
the
gamers
will
not
even
know
that
they
are
playing
blockchain
games
in
the
future,
but
it
is
a
very
complicated
task
to
deliver,
and
this
is
exactly
what
we
are
doing
in
the
games
with.
We
created
the
One-Stop
shop
ecosystem.
Unfortunately,
it
is
still
not
my
presentation
but
I
going
to
carry
on
I'm,
pretty
good
in
improvising,
so
no
worries
and
we
created
a
One-Stop
shop
ecosystem
which
is
allowing
to
play
those
blockchain
games
without
blockchain
know-how
at
all.
AT
So
you
can
send
the
link
to
the
game,
to
your
non-crypto
friend,
I'm
sure
that
some
of
you
are
using
chat
GPT
from
the
open,
AI.
Anyone
for
you.
You
can
erase
hand
okay,
and
do
you
remember?
How
did
you
sign
in
to
the
HR
GPT?
Did
you,
for
example,
created
your
personal
login
and
password,
or
not
just
Google,
right,
just
Google
ID,
because
that's
the
easiest
way
to
sign
in
to
the
new
product,
and
even
though
that
is
technology
super,
let's
say
complicated,
and
this
is
how
GameStop
is
going
to
work.
AT
You'll
be
able
to
send
the
link
to
the
blockchain
game
and
he
will
be
able
to
be
able
to
enter
it
with
just
Google
or
Apple
ID
or
other
supported
social
medias.
At
this
stage,
where
the
user
enters
through
the
link,
it
is
a
crypto
wallet,
we
call
it
a
built-in
wallet,
it's
created
in
the
background
for
this
specific
user,
and
it
is
based
in
on
the
very
similar
technology
like,
for
example,
binus,
which
is
doing
a
great
work
for
the
sake
of
the
massive
adoption,
because
it
doesn't
require
to
cover
the
gas
fees.
AT
Binance
is
super
good
in
terms
of
user
acquisition.
They
are
having
150
millions
of
users
and
all
of
this
thanks
to
the
fact
that
they
don't
have
to
pay
for
the
transaction
fees
up
front.
In
order
to
do
the
activity
and
I
believe
that
the
future
of
web
pre-gaming
is
is
going
to
be
based
on
on
the
fact
that
you
don't
need
to
operate
through
the
external
applications
right
now
like
right
now
in
order
just
to
play
the
game,
so
what
you
can
do
on
games
with.
First
of
all,
you
can
discover
your
favorite
game.
AT
You
can
download
it
through
our
game
launcher.
Then
you
can
launch
it
and
interact
with
the
game.
All
of
this
without
the
blockchain
know
how
at
all
I
hope
that
somebody
is
okay.
It's
fine,
okay,
good,
and
it
is
very
interesting
because
you
see
all
of
those
games
are
spread
across
different
chains
like
Casper,
like
polygon,
and
the
gamer
on
our
platform
will
not
need
to
be
even
familiar
that
on
on
which
chain
the
game
is
based
on
will
not
have
to
cover
the
gas
fees,
because
we
do
all
the
hard
job
for
the
user.
AT
AF
AT
No
problem,
the
the
those
are
some
some
screenshots
from
our
platform
actually
and
I
need
to
remember
what
I
was
leading
to,
but
I
was
leading
to
the
fact
that
on
this
team
you
cannot
withdraw,
withdraw
your
funds.
AT
So
this
means
that
whatever
you
deposit
there,
it
stays
there
forever
and
thanks
to
the
blockchain
technology
and
the
which
is
providing
the
full
ownership
of
the
in-game
assets
on
Steam
on
on
our
platform
on
gainswift,
we
will
be
able
to
one
click,
withdraw
your
funds
from
our
platform,
so
you
can
imagine
that
I,
don't
know
what
type
of
game
you
play.
Some
of
you
play
MMORPG.
Some
of
you
are
playing
FIFA,
maybe
Anthony.
What's
your
favorite
game,
you
are
not
the
vessel
stiff.
AT
Okay,
okay,
I
I'm,
having
not
not
too
much
luck
today,
okay,
so
worth
of
forecast.
So
I
guess
that
you
are
training
your
warlock
in
World
of
Warcraft.
You
collect
a
lot
of
items
which
is
making
your
warlock
better
and
normally
in
in
the
World
of
Warcraft.
When
you
let's
say
you
met
a
beautiful
girl
right,
she
totally
changed
her
life.
You
cannot
play
games
anymore
because
you
don't
have
time
so.
AF
AL
AT
And-
and
this
totally
changes
your
life
right,
so
what
you
do
now,
unfortunately,
word
of
workout
is
not
on
chain,
so
you
need
to
just
stop
playing.
You
even
cannot
sell
your
account
on
eBay,
because
it
is
illegal
thanks
to
the
blockchain
technology.
I
believe
that
since
gamers
are
spending
billions
of
dollars
each
year
for
in-game
assets,
I
believe
that
they
should
be
able
to
pay
for
their
daily
activities
with
those
assets.
AT
So
with
games
with
pay
with
our
Visa
based
debit
card,
you
will,
for
example,
be
able
to
take
some
your
item
from
your
Warlock
and
purchase
pizza
for
that
using
our
Visa
card,
and
this
is
super
interesting
feature.
This
is
thanks
to
the
fact
that
we
are
having
integration
with
with
the
Mover,
which
is
based
on
zero
knowledge.
Proof
technology
super
interesting
feature,
because,
thanks
to
the
zkp,
your
privacy
on
chain
stays
private.
So
you
you
are
not
revealing
to
the
financial
institution
that
you
are
the
owner
of
those
assets.
AT
I,
don't
want
to
get
too
much
into
the
details,
but
I
believe
that
that's
super
interesting
feature
of
which
is
Advantage
not
only
across
web
free
industry,
but
also
in
traditional
gaming
and
I
would
just
like
to
say
that
we
are
making
it
happen.
We
are
at
the
mature
state
of
development.
We
are
expecting
our
launch
for
the
March
this
year.
We
built
a
great
committee
around
our
platform
and
the
best
way
to
build
community
is
just
to
attract
Gamers
right.
AT
So
the
what
we
do
is
we
do
invest
in
a
gaming
Studios
building
on
chain
we've
already
invested
in
star
studio,
star
studio
is
the
second
most
viewed
web
free
game,
even
though
that
it
is
on
the
Alpha
version,
but
this
is
a
space
shooter.
We
are
organizing
a
very
big
tournament
this
year.
I
cannot
reveal
the
prize
full,
but
this
will
be
probably
super
interesting,
and
this
is
the
game
which
we
perceive
as
the
fortnite
for
epic
games.
AT
You
need
to
have
a
very
good
game
at
the
start,
even
if
you
have
very
good
platform
to
attract
users.
We've
also
signed
the
biggest
group
of
gaming
studios
in
the
world.
This
will
be
the
part
of
the
next
announcement.
I
cannot
leak
the
alpha
of
the
exact
name,
but
this
is
so
far
the
biggest
player
from
chartial
gaming
industry
on
boarded
on
chain-
and
this
is
everything,
is
basically
making
it
happen,
and
so,
at
the
end
of
this
presentation,
I
would
like
to
show
you
my
Twitter
profile
and
Linkedin
profile.
AT
This
is
where
you
can
find
me.
I
share
my
thoughts
on
web
free
gaming.
This
is
why
a
lot
of
people
know
me
from
my
Twitter
handle.
Thank
you
very
much
and
let's
keep
in
touch.
A
Thank
you
all
right.
Thank
you.
So
much
to
our
friends
over
at
gameswift
we're
heading
into
a
fireside
chat
dedicated
to
the
new
era
for
gaming.
Introducing
Beast
League
joining
me
on
stage
is
our
moderator,
Alex,
Kelly,
co-founder
and
CEO
of
make,
as
well
as
John
Weinberg
CEO
of
B
sleek
and
mrinal
manawar,
co-founder
and
CEO
of
Casper
Labs.
Let's
give
them
a
very
warm
welcome
tonight.
AU
AV
A
video
no
let's
hold
off
on
the
video
for
a
second
yeah,
we'll
do
just
quick
introductions
and
then
we'll
talk
about
what
Beast
league
is
and
dig
a
little
deeper
into
why
Beast
league,
and
why
this
partnership
Etc.
So
first
of
all,
super
quick
introductions,
Alex
Kelly
CEO
of
make
make
builds
and
invests
in
sort
of
Cutting
Edge
technology.
We
were.
We
had
the
honor
of
working
with
Vernal
as
a
co-founder
of
Casper,
labs
and
and
working
with
that,
as
well
as
with
John
Weinberg.
AV
Here
it
was
a
Sierra
Leone
serial
entrepreneur
and
the
CEO
of
astronomica,
which
is
created
Beast
League
thanks,
so
both
fantastic
entrepreneurs.
It's
going
to
be
a
very
fun
gaming
panel,
so
first
I'd
like
to
just
start
out
with
a
question:
it's
going
to
be
a
little
controversial.
AU
AU
Funny
story
before
when
we
were
started
talking,
he
told
me
that
he
plays
DOTA
and
if
you
ever
played
Dota
or
League
of
Legends,
you
know
that
these
are
rivaling
communities,
so
we
almost
killed
the
deal,
but
I
ended
up,
seeing
that
he
knows
a
little
bit
about
gaming,
which
is
one
one
of
the
reasons
why
we
chose
Casper
the
amazing
team
and
thank
you
for
bringing
all
of
us
together.
That's
that's
really
important.
My.
AV
AU
Sure
so
I
have
to
credit
the
game.
For
my
co-founder,
who
is
right
in
front
of
me,
who
is
the
incredible
mind
of
this
league?
The
funny
story
is
Beast
league
is
Iron,
Man
meets
basketball.
So
if
you
ever
wanted
to
play
basketball
as
Iron
Man,
that's
what
we
built
and
when
my
co-founder
Orr
was
16
years
old.
He
developed
a
game
kind
of
similar
to
what
we
created
now
and
the
reason
is
he
claims
he
would
have
been
an
NBA
All-Star.
AU
The
problem
is,
if
you
look
at
him,
he's
a
little
bit
short
and
he
has
a
heart
condition,
and
so
he
created
a
game
where
you
can
fly,
and
you
can
do
everything
inside
a
game
that,
if
you
don't
have
the
natural
abilities
in
the
digital
and
in
the
in
the
virtual
world,
the
long
life
mission
of
Beast
league
for
me
I've
been
a
Serial
entrepreneur
in
gaming.
For
the
past
decade,
I've
built
multiple
gaming
companies
that
got
to
Millions.
AU
For
me,
the
one
thing
that
I
did
not
achieve
yet
that
I
want
to
is
I
want
to
create
games
that
invoke
the
purest
happiness
to
the
people
that
play
them
and
that's
a
long
life
mission
of
Beast
league
in
the
next
games
that
we're
going
to
create
and
I
would
love
for
you
to
try
and
see
the
game
on
the
screens.
Now,
if
that's
possible,.
AV
Is
that
fantastic?
We
love
love
the
image
you
haven't
played
it
yet
you
have
to
it's.
It's
incredibly
compelling
John
just
describe
to
the
folks
here,
what's
happening,
sort
of
what
the
gameplay
is
about
and
and
then,
if
you
could
just
add
why
blockchain
right
this
looks
like
a
mobile
game,
it
looks
like
an
incredibly
compelling
mobile
game
that
everybody
I
know
is
going
to
want
to
play,
including
my
14
year
old
son,
but
they
these
things
can
grow
incredibly
virally,
very
quick
blockchain's,
a
little.
AU
Bit
of
a
twist
yes,
so
blockchain
is
definitely
a
Twist
and
I'm
gonna
get
to
it.
So
the
game
itself
is
you
have
the
set
of
characters,
the
set
of
beasts,
so
they're
semi-human
humanoid
beasts,
so
you
have
an
elephant
or
a
hippo
or
a
bunny.
Each
character
has
unique
superpowers
that
it
can
use
inside
of
the
game.
AU
So
if
you're
an
elephant,
the
natural
ability
of
an
elephant
in
the
real
world
is
to
be
really
huge,
so
we
can
get
you
to
be
even
bigger
or
if
you're
chameleon,
then
your
superpower
is
to
be
invisible
and
you
use
these
powers
to
compete
and
defeat
your
enemies
inside
of
the
game.
Now
why
blockchain
so
going
back
to
my
vision
to
create
the
purest
form
of
happiness,
I
believe
Digital
Life
is
becoming
as
important,
if
not
more
important.
AU
Essentially
it's
a
trade
to
earn
so
you're,
inviting
people
to
some
sort
of
a
gamification
layer
to
trade
and
to
get
more
money.
That's
not
what
Gamers
want.
That's,
not
what
gamers
are
for
ownership
for
gamers
is
the
ability
to
be
a
true
part
of
something
that
they
truly
care
about.
So
if
you
play
League
of
Legends
or
DOTA
for
years,
my
imagination
was
what,
if
I
got
a
real
thing
that
nobody
else
has
or
very
limited
people
have
inside
of
the
ecosystem.
That
would
mean
more
to
me
than
the
ability
to
trade.
It.
AV
So
Bernal
a
couple
questions
here
that
I
think
will
be
interesting
where
do
games
fit
into
your
vision
for
Casper
right.
One
of
the
things
we're
doing
right
now
is
is
also
introducing
a
new
partnership.
You
can
tell
by
renault's
outfit
that
he's
a
big
supporter
of
Beast
league
and
oh
I,
played
it.
It's
dope,
yeah
and
and
Casper's
been
thank,
you
is
is
in
partnership
with
with
Beast
league
as
the
as
the
main
as
the
blockchain.
That's
supporting
it.
AV
So
what's
your
vision
and
and
what
about
John
made
you
want
to
support
it.
AW
Okay,
my
my
vision
is
actually
very
similar
to
what
the
two
previous
speakers
said.
Blockchain
is
just
a
base
layer
that
really
helps
gaming,
be
more
secure,
meaning
people
spend
money
on
skins
and
all
sorts
of
stuff
in
gaming
all
the
time
right.
But
basically
you
don't
know
if
it's
yours
right,
the
moral
valve
or
steam
or
whoever
could
like
create
more
and
like
the
digital
uniqueness
is
completely
lost.
You
know,
like
last
year,
I
probably
spent
250
dollars
on
stuff
on
DotA
2.
I
just
realized.
My
wife
was
watching
this
dream.
AW
She's,
probably
gonna,
go
what
the
hell,
but
you
know
like
and
I'm,
not
even
a
serious
gamer.
You
know
kind
of
a
day
job
and
that's
still
what
happened?
AW
You
should
work
in
gaming
well,
you're
getting
me
closer
to
it
at
least
at
least
tangentially.
But,
like
our
view,
is
it
blockchain
is
something
that
helps
games.
I,
don't
think,
there's
such
a
thing
as
a
blockchain
game.
It's
just
gaming
is
now
being
augmented
with
this
technology.
Like
it's
what
Tim
said
earlier,
you
know
it's
best
if
it's
99
invisible
like
right
now,
the
problem
is:
it's
blockchain.
People
building
games,
it's
a
blockchain
experience.
Trying
to
be
a
game
games
need
to
be
great.
AW
Like
you
know,
that's
that's
the
whole
reason
and
blockchain
can
make
them
now
that
layer
can
add
two
things.
One
is
for
skins
Etc,
but
think
about
Esports
right.
If
you
have
a
stable
coin
or
something
you
know
you
could
have
like
people
bet
on
the
teams.
They
really
really
like.
You
know
people
do
that
in
Dota,
2
League
of
Legends
everything
we're
talking
about
right
now,
skins,
you
know
Esports.
This
is
a
multi-billion
dollar
industry.
Blockchain
just
makes
it
more
transparent,
easier
and
again
it
should
be
at
the
base
layer.
AW
Why
did
I
choose
to
work
with
John
our
first
conversation
and
I?
Think
I
I'll?
Let
John
go
right
after
me
and
tell
me
if,
like
I'm
reading
this
right,
our
first
conversation
was
when
I
spoke
to
him.
I
was
like
look
all
I
care
about,
is
Let's
Make,
a
freaking,
great
game
first
and
then
you
know
we'll
do
all
the
blockchain
stuff
in
the
background
to
make
it
really
secure,
but
the
one
thing
I
will
not
do
with
you
is
like
I:
don't
want
to
hamper
the
game?
AW
Let's
not
you
know
Rush
this
out,
because
we
just
want
to
put
some
silly
tokenomics
on
on
top
of
it.
That's
not
the
goal
here.
Let's
make
a
killer
game
that
you
know.
Millions
of
people
really
really
want
to
play.
We
can
have
tournaments
around
it.
People
are
going
to
have
a
lot
of
fun.
People
will
own
their
own
skins.
You
know
you
get
this
digital
uniqueness
and
let's
go
from
there,
but
you
know,
let's
start
with
great
game.
First
I
don't
know,
John
am.
AU
I
miscuit
I
think
I.
Think
your
your
sentence
was
one
we're
not
going
to
compromise
on
your
vision,
which
was
very
weird
to
me,
because
I
spoke
to
a
lot
of
chains:
I'm
not
going
to
name
any
of
them,
but
for
them
it
was
like
okay,
how
the
tokenomic
works.
When
are
we
going
to
sell
nfts?
How
do
we
flip
nfts
in
this
economics
and
I'm
kind
of
like
I?
Don't
care
about
that?
AU
I
want
to
create
a
really
great
game
and
then
enhance
it,
and
if
you
think
about
Esports,
that's
in
blockchain,
given
that
it's
transparent
right
is
an
incredible
infrastructure
for
creating
that.
So
I
totally
agree
with
you
that,
and
that
is
the
reason
why
we
chose
Casper,
that
in
another
reason,
so
if
you
ever
build
games
in
your
life
building
games
is
very
fluid.
You
need
to
listen
to
your
community.
AU
You
need
to
change
a
lot
of
things
inside
of
the
game
and
every
time
when
we
approach
this
from
a
design
perspective,
we're
kind
of
stuck
because
if
I
need
to
decide
whether
the
set
of
nfts
or
rules,
I'm
kind
of
like
locked,
forever
and
Casper
has
upgradable
smart
contracts
and
for
us
it
was
okay,
that's
kind
of
solves
the
problem.
So
that's
that's
a
check
and
another
thing
is
we're
talking
to
them
and
they're
kind
of
like
oh
yeah.
We
want
to
Market
this
to
the
next
billion
Gamers.
AU
We
don't
want
to
even
Market
it
at
the
beginning
to
blockchain
people.
That's
why
if
you
come
to
our
booth
or
food
or
you
try
the
game,
we're
not
talking
about
these
things
yet
we're
first
talking
about.
Are
you
having
fun?
Are
you
enjoying
this
and
in
this
conference
was
the
very
first
time
we?
Let
people
try
the
game
into
our
surprise.
People
absolutely
love
that.
So
thank
you
for
whoever
tried
that
yeah.
AV
Exactly
if
you
tried
it
you're
clapping,
it's
fantastic.
How
do
you
think
what's
going
to
drive
engagement
right,
I
mean
one
of
the
hardest
things
to
do
with
with
you
know
any
project
with
particular
games.
How
do
you
get
people
start
playing
it
and
keep
playing
it?
And
you
know
what
are
the
tools
you
think
you're
going
to
use
yeah.
AU
So
I'm
going
to
give
you
an
answer
that
is
kind
of
hard
to
describe,
but
the
base
of
a
game
is
how
fun
it
is,
and
fun
is
a
combination
of
Arts
and
Science
and
intuition,
and
many
many
many
other
things.
If
anybody
can
kind
of
design
fun
on
a
DNA
level,
everybody
would
be
a
billionaire
right
now,
because
games
are
huge
and
they
we
play
games
as
as
children
and
when
we
grow
up
when
we
play
it's
when
we
develop
our
self
psychologically.
AU
So
my
father
is
a
clinical
psychologist,
so
he
keeps
telling
me
that,
because
sometimes
I'm
telling
him
hey
I'm
in
games,
how
do
I
help
the
world
and
games
help
the
world
in
many
many
ways,
and
one
of
them
is,
is
the
fun
and
the
self
and
the
ability
to
compete
and
kind
of
like
materialize.
In
a
way,
look
at
my
co-founder
right.
He
could
not
be
an
NBA
player,
but
he
can
be
the
best
at
Beast
League.
AU
He
can
be
the
best
at
games
that
he
plays,
that
in
Worlds
that
he
creates
so
number
one
for
engagement
is
fun.
Number
two
is
how
easy
it
is,
and
this
comes
to
the
blockchain
integration
or
the
game.
It
is
like
how
accessible
it
is,
so
our
game
is
going
to
be
accessible
everywhere
from
mobile
phones
already
to
PC
to
consoles
Etc.
AU
The
ability
like
if
you
look
at
the
trends
that
dominated
2022.
This
is
a
report
by
Google,
it's
cross-platform
game,
so
you
can
play
it
anywhere
and
Esports
and
Esports
is
huge
because
Esports
drives
viewership
right.
It's
it's
really
important
for
us
to
create
a
game
that
it's
not
only
fun
to
play.
But
when
you
look
at
it,
it's
actually
also
very
fun
to
watch,
and
so
those
are
the
I
think
the
key
metrics
for
us
to.
How
do
we
drive
yeah.
AW
If
you
play
the
game
and
you
watch
it
and
you
see,
the
people
are
really
good
at
it.
You're
like
wow
I,
couldn't
do
that
and
that's
really
important,
and
that
was
one
thing
I
loved
about
Beast
League.
It's
got
deep,
mechanics,
meaning,
as
you
can
see
right.
Some
people
are
doing
like
really
crazy
things
in
terms
of
timing
of
when
they,
you
know,
hit
a
boost,
or
you
know,
hit
a
certain
skill
there's
down
timers
on
when
you
can
do
it
so
like.
AW
If
you
don't
know
how
to
hit
timings
well
on
these
games,
you
won't
do
a
good
job
and
so
games
which
don't
have
deep
mechanics,
aren't
fun
to
watch
because
you
know
like
No,
One's
Gonna
watch
a
Pac-Man
tournament
right,
but
some
people
do
but
no
exactly
no
one
watches
a
Pac-Man
tournament.
But
people
go
nuts
for
like
a
Dota
2
tournament
and
if
you're
not
a
gamer,
it
might
not
make
sense.
But
people
go
crazy.
Like
you
know,.
AU
Let's
draw
the
equivalent
right
right,
so
why
is
it
called
Esports?
Esports?
Is
electronic
sports
or
some
people
call
it
otherwise?
But
if,
if
you
look
at
athletes,
real
life
athletes,
NBA,
NFL
or
or
whatnot,
they
can
do
things
that
other
people
cannot
because
they've
been
training
for
years.
There's
a
huge
depth
of
skill,
Talent
knowledge,
intelligence
that
goes
into
the
game
right
and
games
that
create
that
if
they're
too
simple,
they
would
never
create
an
Esports
game.
AU
So
the
game
has
to
be
deep
enough
that
it's
kind
of
hard
for
people
to
to
get
into
right.
It
might
be
easy
to
join,
but
for
you
to
really
Master
it
and
to
be
amazing,
it
has
to
be
really
deep
and
that's
why
they
call
them
Esports
athletes.
That's
why
governments
give
them
visas
for
being
athletes
in
Esports,
because
I'm,
probably
much
better
than
you
in
any
game
and
Challenge
and
accepted,
and
and
that's
because
these
games
allow
us
the
the
depth
and
inside
of
them.
AV
And
they're
they're
also
entertainers
right.
Yes,
it's
like
professional
athletes.
Esports
is
one
of
the
most
viewed
content
in
the
world.
Right
now
like
to
the
point
where
it's
bigger
than
Super
Bowls.
It's
not
what
about
Community
right
Community
is
the
one
thing
that
hasn't
been
brought
up
yet
and
that's
such
a
I
mean
you
two
obviously
are
involved
in
two
different
communities
and
and
that
are
battling.
That's
part
of
the
success
of
any
of
these
games
that,
where
they
get
to
scale,
is
how
cool
is
that
Community?
How
do
you
interact?
AU
That's
a
great
question,
so
I
think.
If
you
look
at
history
of
games
or
history
of
tech
adoption
throughout
the
years
games
have
been
the
first
one
to
show
up
in
any
evolution
of
any
device
that
you've
used.
So
you
got
a
TV
people.
Think
oh
I'm,
going
to
watch
movies.
Before
this
you
play
games,
you
got
to
flip
phones,
you're,
going
to
start
playing
snake,
so
games
have
been
at
the
Center
of
propelling
technological
Evolution
and
before
I
say
think
he
said.
49
transactions
in
blockchain,
regardless
of
of
games,
have
been
games.
AU
That's
one
pillar
right,
one
game
out
of
the
whole
infrastructure.
We
kid
about
it
in
in
the
conference,
my
co-founders
and
I.
We
meet
incredible
people.
All
of
them
are
building
the
house,
the
rails.
No
very
little
amount
of
people
are
building
the
trains
that
people
actually
go
into.
Games
are
the
first
trains
that
arrive
to
the
station.
AW
So
like,
but
so
again,
I'll
give
an
example
and
then
talk
about
history
like
the
two
games
we
play
like
Dota
2
and
the
League
of
Legends
are
probably
the
biggest
ones
out
there.
These
are
communities
of
tens,
if
not
hundreds
of
millions
of
people,
if
you
think
about
it
actually,
prior
to
crypto,
like
everyone
thinks,
oh
crypto
is
the
first
like
Community
Based
Tech
games
were
way
before
that
I
mean
there
were
millions
of
us.
You
know
playing
and
building
Quake
mods
right,
especially
when
it
went,
live
first
and
became
multiplayer.
AW
AW
AV
AU
Great,
we
can
risk
it
with
the
questions.
How
many
of
you
played
a
game
on
your
phone
recently.
AW
AV
It's
great
well,
you
wanna
take
some
questions
to
the
audience
or
do
you
want
to
see
yeah,
let's
yeah.
AV
AW
We
need
the
mic
turned
up.
Please.
AX
I
love
it
okay
person
who,
in
the
middle
that's.
AV
AX
Don't
say
that
a
blockchain
makes
Mario,
it
makes
a
your
game
more
real,
have
a
blockchain
makes
games
more
real.
It
is
kind
of
goddess
prayer
party.
AU
Sorry,
if
I
understand
the
question
correctly
is
how
does
it
make
it
more
real?
Yes,
yes,
okay,
perfect
question,
so
the
ability
for
me
when
I'm
in
a
game
traditionally
up
until
before
blockchain
most
of
the
games,
you
buy
a
skin
or
you
buy
something
inside
of
the
game
and
you
have
a
Cosmetic,
Skin
So.
Let's
say:
I
have
an
elephant
in
the
game
and
then
I
can
wear
a
super
suit
of
an
elephant
inside
of
the
game
and
that
supersit
exists
only
on
my
company's
database
and
which
means
it's
mine.
AU
I
can
tell
you
what
you
can
do
or
what
you
can't
do
with
it,
and
there
is
this
barrier
right
between
what
is
yours
and
what
is
mine,
but
if
I
buy
a
Pokemon
card,
a
physical
Pokemon
card,
because
I
love,
Pokemon
right,
it's
mine-
and
nobody
can
tell
me
oh
I-
can't
give
it
to
renal
or
do
whatever
I
want
with
this,
because
I
like
nobody's
gonna,
come
to
take
it.
So
that's
one
way:
one
way
is
I.
AU
Have
things
inside
of
a
gaming
ecosystem
that
I've
spent
years
and
which
I
have
ownership
to
so
ownership?
Is
a
one
step
towards
making
things
real
I'm
not
going
to
get
into
VR
and
AR
and
what's
going
to
be
in
the
future
right,
but
one
way
is
what
do
I
actually
own,
and
how
does
it
affect
the
way
that
I'm
playing
the
game
and
thinking
about
the
game
so
that
I
think
that
I'll
leave
it
at
that?
I
was
like
one
of
the
main
things
for
gamers.
AW
And
if
I
could
just
add
to
that,
it
also
helps
grow.
Community
again,
the
blockchain
will
be
invisible
right.
It's
just
securing
all
of
this,
but
you
know
if
a
community
wants
to
build
a
mod
with.
You
know
like
a
new
set
of
characters,
Etc
like
their
their
ability
to
do
it.
Is
you
know
it's
just
more
real,
because
you
have
this
infrastructure,
that's
more
open.
The
issue
with,
like
things
are
not
digitally
unique
or
can
be
corrupted
by
a
game.
AW
Developer
later
has
been
an
issue
and
in
in
spite
of
those
issues,
these
games
have
grown
massively
right,
like
the
prize
pool
for
Dota
2
last
year
was
like
25
billion,
and
they
only
donate
like
how
much
they
sell
in
like
a
quarter
of
how
much
they
sell
in
skins
over
two
months,
which
just
shows
you
how
much
people
are
actually
spending
on
on
this
stuff.
So
if
it's
more
secure
and
it's
more
equivalent
to
like
something
physical,
it
becomes
more
real
them.
AU
If
you,
if
you
played
games
or
if
you
meet
Gamers,
there's
this
famous
experience
as
a
gamer,
that
you
play
a
game
for
hours
on
end
and
then
you
take
your
eyes
off
of
the
screen
and
you
go
to
the
real
world.
First
you're
bummed
out,
because
it's
a
lot
more
boring
than
a
game.
But
then
you're
gonna
feel
like
oh
God.
I
wish.
That
was
like
what
I
have
here.
I
can
take
through
the
real
world
with
me
right,
because,
because
that
what
we
want
at
the
end
of
the
day,
think.
Y
Yeah
really
quick
question
John
for
you
again
here.
I
did
not
raise
my
hand
when
you
asked
about
mobile
gaming,
not
because
I
was
playing
a
game
on
my
phone,
but
I
was
mesmerized
by
this
Great
Loop
that
you
guys
keep
playing
of
Beastly
I
might
have
missed
this
before,
but
where
can
I
go
to
sign
up
just
so
I
know
when
the
game's
ready
to
play.
Thank.
AU
You
you
can
go
to
beastleague.com
and
you
can
get
Early
Access
and
we'll
email
you
and
we
would
love
to
hear
your
feedback.
AV
AU
That's
the
biggest
heart
we
built
this
game
to
have
an
infrastructure
right
now,
it's
basketball,
but
it's
a
multiplier,
physics-based
cross-platform
infrastructure
for
all
kinds
of
games,
we're
building
the
IP
of
the
characters
in
the
world
to
kind
of
fit
from
basketball
to
soccer,
to
fighting
games
to
racing,
not
because
we
just
want
to
do
them
all
we're
going
to
first
make
one
that
is
incredible,
just
by
the
way
that
it's
basketball
right
now
and
but
in
the
future.
AU
I
think
the
the
infrastructure
that
we've
built
can
serve
a
ton
of
games
that
fit
into
what
people
are
actually
looking
for
to
play
very
cool.
AW
A
Welcome
our
next
sorry,
let's
welcome
our
next
keynote
speaker
to
the
stage.
I
would
like
to
point
out
that
again,
I
think
it
is
proof
that
there
is
such
a
large
community
interested
in
exactly
these
topics.
A
You
see
that
if
you
go
and
check
on
the
numbers
on
the
live
stream,
we
have
about
four
and
a
half
thousand
people
that
are
joining
us
virtually
right
now,
they're
actively
tuning
in
and
watching
live,
so
I
think
it's
safe
to
say
that
people
are
very
interested
on
that
note.
I
get
to
Welcome
to
the
stage
Roxana
siriusx
gadir
she's,
the
founder
of
possible
X
she'll,
be
taking
a
look
at
what
leaders
can
learn
from
Picasso
an
artist's
Journey
from
Finance
to
the
metaverse.
Let's
give
her
a
very
warm
welcome
foreign.
AM
Okay,
I'm
going
to
sit
here,
hi
guys
good
evening,
I'm,
so
tired,
so
I'm
going
to
be
sitting
down
I'm
sure
all
of
you
as
well
and
I've
got
a
task
in
seven
minutes
to
actually
tell
you
the
one
of
my
passion,
subjects
and
actually
guest
lecture
that
that
I
do
at
Stanford.
What
can
leaders
learn
from
Picasso
and
I?
Myself
have
been
a
financier
by
background
I've
spent
over
20
years
in
finance.
AM
I
feel
like
I,
almost
done
it
all
from
Investment
Banking
to
private
banking
ended
up
on
the
board
of
the
biggest
polish
bank,
and
finance
has
always
been
my
job
and
also
passion,
but
on
the
side
and
deep
down
in
my
heart,
I've
always
been
an
artist,
so
I've
been
creating
on
the
site,
as
I
said,
and,
and
it
almost
felt
a
little
bit.
You
know
leading
a
few
parallel
slides
people
used
to
ask
me
why?
AM
Don't
you
do
art
as
a
full-time
job
and
to
me
I
think
it
will
lose
its
shine,
so
somehow
I
felt
I
don't
want
to
think
of
an
art
as
something
I'm
going
to
make
money
with
so
I
continued.
AM
This
journey
and
a
few
years
ago,
I
stepped
down
from
from
the
board
and
decided
to
lead
what
I
call
portfolio
life
portfolio
life
consists
of
projects
I
care
about
that
are
important
to
me
with
purpose,
hopefully
adding
something
positive
to
the
world
and
also
working
with
people
that
I
enjoy
and
I
really
believe
that
art
and
creativity
to
me
has
been
the
most
important
part
when
Al
got
appointed
to
the
board,
I've
been
told
not
to
talk
about
my
art,
because
it's
not
serious
so
when
you're,
a
banker,
apparently
being
an
artist,
means
that
you're
not
serious
and
you're
on
a
board
of
a
listed
company
so
better
to
keep
it
quiet
and
I
didn't
and
now
I
feel
I
incorporate
art
into
into
everything.
AM
I
do
and
most
recent
project
that
I
launched
at
cop26
and
I'm
collaborating
now
with
a
good
friend
of
mine
who
is
here
casgalos
we
launched
Jun
cup
26
a
large
two
meter
recycled,
stainless
steel
sculptures.
Here
you
actually
see
them
in
metaverse,
which
also
we
just
launched
this
week.
Now
imagine
two
meters,
300
kilograms,
logistically
and
also
carbon
footprint
associated
with
it.
AM
So
we
were
meant
to
bring
it
actually
to
Davos,
but
instead
decided
to
to
move
into
into
the
metaverse
and,
as
you
can
see
here,
a
quick
preview
so
just
quickly
on
what
it
symbolizes
it's
it's
actually
been
inspired
by
the
picture,
the
photo
we've
seen
the
of
the
Earth
from
space.
We
realized
that
there
is
no
borders
between
countries,
so
this
is
a
borderless
world
and
it's
a
bit
broken.
You
can
see
the
crack.
The
golden
crack
and
we've
been
fascinated
by
the
philosophy
of
kinsugi
Japanese
philosophy,
so
golden
repair.
AM
So
if
you
break
an
object,
you
can
either
discard
it,
throw
it
away
or
you
can
piece
it
together
with
gold
and
actually
the
object
becomes
more
beautiful
for
having
been
broken.
So
it's
an
amazing
metaphor
for
life
actually
for
the
Earth
as
well.
For
us
human
beings,
it's
also
an
atom.
So
it's
us
going
through
experiences
in
life
and
being
broken.
AM
AM
One
of
my
missions
here
as
well
I'm,
actually
with
Oliver
Stone
as
I'm
executive
producer
of
his
latest
documentary
on
nuclear
power.
It's
called
nuclear.
Now
we
have
launched
it
at
venison
festival
and
did
private
screenings.
We
had
two
screenings
last
week
this
week.
Actually
it
seems
like
last
week
this
week
we
received
amazing
amazing
feedback
and
it's
really
demystifying
nuclear
power.
How
and
showing
how
nuclear
is
one
of
the
solutions
to
climate
change.
It's
the
only
available
at
scale,
green
energy,
but
again
through
the
through
the
movie.
AM
It
is
also
creativity
how
you
can
tell
a
story,
it's
all
about
telling
stories
and
I
think
now
what
what
I
found
you
know,
spending
years
in
finance,
how
actually
looking
at
issues
solving
at
projects
with
from
a
kind
of
creativity,
point
of
view
really
is,
is
necessary
and
brings
a
completely
different
perspective.
AM
So
actually
I
was
trying
to
set
up
that
when
I
was
leaving
the
bank
artists
in
Residence
I
believe
each
company
each
Bank
should
have
an
artist
in
Residence,
because
artists,
artistic
thinking
can
bring
really
the
perspective
that
actually
could
feed
to
the
bottom
line
as
well.
So
people
used
to
always
say
you
know:
how
can
you
do
Finance,
which
is
you
know,
left
and
right
brain?
You
know?
AM
What's
your
problem,
but
but
I
really
believe
that
there
is
artists
in
all
of
us
and
in
the
guest
lecture,
I
I,
always
I
quote
a
book
drawing
on
the
right
side
of
the
brain.
So
all
of
you,
even
if
you
believe
that
you
can
just
draw
a
stickman
and
you
have
zero
creativity
in
five
days,
you
can
be
taught
how
to
draw
quite
a
sophisticated
portrait
so
never
give
up.
AM
Maybe
you
know
there
are
some
future
artists
here
and
and
yes
and
now
actually
what
feels
very
exciting
to
have
moved
from
the
physical
world
and
keeping
a
physical
world.
So
the
physical
sculpture,
one
is
in
London
at
the
inner
Temple.
Another
one
is
in
Poland
and
polish
like
so.
Is
cars
and
we
now
have
launched
art
in
metaverse,
digital
Gallery,
so
actually
we
can
democratize
it.
AM
We
can
show
it
now
to
to
everyone
else
and
hopefully
also
be
moved
and
touched
with
the
philosophy
of
kinsugi
golden
repair,
so
my
focus
lecture
takes
an
hour
and
a
half,
but
I
really
believe
that
the
the
creative
process-
it's
very
similar-
it's
it's
iterations
and
solving
issues.
So
whatever,
whatever
Pro
problem
you
are
trying
to
solve
for
that
creative
process
is
actually
very
crucial
and
is
able
to
bring
a
very
interesting
of
an
unexpected
Solutions
and
also
today.
AM
Actually
I
was
on
the
panel
with
Rafiq
anado,
who
I
completely
adore,
he's
an
amazing
artist
using
Ai
and
data
and
creating
neural
sculptures,
and
so
so
really
linking
it's
not
about
just
you
know,
creating
the
digital
world,
it's
really
about
fusing
both
of
these
worlds.
Thank
you
very
much
for
your
attention.
A
Thank
you
so
much
Roxanna.
Now,
as
we
set
up
sorry
for
our
very
last
panel
of
the
day,
you'll
see
a
couple
more
chairs
appearing
behind
me.
We're
heading
into
an
absolutely
Stellar
discussion
on
the
future
of
the
metaverse,
a
vision
for
the
next
decade.
This
particular
session
is
moderated
by
uuwan
the
president
for
the
IEEE
standards
Association,
and
he
has
joined
on
stage
by
the
people
that
are
actually
building
that
future
of
the
next
decade
on
the
metaverse.
A
So
join
me
in
welcoming
Aiden
Zuckerman,
the
co-founder
and
co-ceo
of
Upland
Sarah
Genie,
McKenna,
co-founder
and
CEO
of
decoco
alien
worlds,
Don
McGuire
CMO
at
Qualcomm
and
Sandy
carner,
Carter
senior
vice
president
and
channel
chief
for
Unstoppable
domains.
Let's
give
them
a
very
warm
welcome,
hi
how's
it
going
thank.
AF
This
is
also
co-organized
with
is
the
world's
largest
organ
Professional
Organization
in
the
world
we
have
400
000
members
all
over
the
world.
We
also
develop
standards,
Wi-Fi
Bluetooth
sales
and
standards.
So
I
would
like
to
so
myself
I'm
the
print
of
the
entropriate
standard,
Association
and
I
I'd
like
to
give
our
panelists
each
of
you
introduce
yourself
like
30
seconds
so
start
from
Sunday.
Okay,.
AY
Hi,
my
name
is
Sandy
Carter
I
am
SVP
for
Unstoppable
domains.
How
many
of
you
know
no
Unstoppable
yeah
awesome,
so
we
do
a
web
3
digital
identity.
We
just
became
a
unicorn
only
two
percent
of
startups,
and
we
were
also
just
named
by
Forbes.
It's
one
of
the
best
startups
in
2022,
so
really
excited
to
be
here.
Thank
you
so
much
to
watching
hub.
S
Hi
I'm
Don
McGuire
I'm,
the
chief
marketing
officer
at
Qualcomm,
just
right
next
door
here
in
Davos
just
great
to
be
here
and
and
give
our
perspective
on
developing
of
the
metaverse.
AZ
Hi
Sarah
mechanic,
co-founder
and
CEO
of
doco,
which
created
alien
world
so
alien
worlds,
is
the
largest
blockchain
metaverse
by
users
and
by
transactional
volumes.
We
were
the
first
stop
in
history
actually
to
exceed
certain
size
thresholds,
50,
000,
100,
000
users,
and
now
we
have
eight
and
a
half
million
lifetime
users.
Who've
played
the
game.
We
have
Dows
as
a
in-game
components,
so
these
Dows
are
teams
playing
against
each
other.
AZ
AL
And
I'm
Edan,
Zuckerman,
co-founder
and
co-ceo
for
Upland
anybody
here
play
or
know
Upland
or
heard
about
it:
hey,
perfect,
okay,
so
Upland
is
one
of
the
biggest
web3
metaverses.
Today,
it's
a
metaphase
that
is
mapped
to
the
real
world,
started
out
as
kind
of
like
a
property
trading
game
inspired
by
the
game,
Monopoly,
but
then
evolved
into
this
layer.
AL
One
metaverse
kind
of
like
serves
as
a
super
app
like
the
lobby
for
people
to
start
out
their
experiences
in
a
geocon
contextual
way
and
then
carry
their
identities,
their
assets,
their
social
connections
into
another,
more
meta
spaces
in
other
games
that
are
played
through
through
Upland.
Thank
you.
AF
So
well,
let's
say
this
week:
there
were
lots
of
other
panels
addressing
metaverse.
Everybody
is
talking
about
the
metaverse
and
we
heard
lots
of
different
definitions
of
the
metaverse,
especially
when
people
are
talking
about
the
industrial
metaverse
and
the
consumer
members
seems
like
they
are
talking
about
a
completely
different
things.
So
I
try
to
be
more
inclusive,
trying
to
make
everybody
happy
or
equally
unhappy.
AF
So
my
observation
is
like
there
are
at
least
two
Dimensions
one
I
call
that
experience
view
so
cost
metaverse
is
named
after
the
universe,
so
it
could
be
like
either
a
digital,
different
Universe,
which
sort
of
like
virtual
world
or
virtual
universe
or
virtual
reality,
or
it
could
be
a
digital
extension
of
our
kind
of
universe.
We
call
that
AR
of
AMR
or
it
could
be
like
a
digital
counterpart
or
digital
copy,
of
a
current
Universe,
which
is
like
a
digital
team.
AF
Another
view,
another
dimension
would
be
functional
view
like
that
could
be
metaverse
could
be
the
I
would
say
the
next
phase
next
day,
age
of
digital
transformation
or
the
next
generation
of
the
internet
or
the
next
version
of
the
web,
the
web
3.0.
So
I'd
like
to
well
based
on
this
and
I,
would
like
to
ask
our
panelists.
So
what's
your
definition
or
your
favorite
definition
of
the
metaverse?
Maybe
it's
also
start
from
Sunday.
AY
Yeah
so
I
think
it's
pretty
simple,
I
think
it's
an
immersive
digital
world
where
you
can
eat
live
sleep
play
could
have
VR,
maybe
not
Dr.
I
know
my
friends
at
Upland
would
talk
about
that.
But
for
me
it's
just
a
virtual
place
where
you
can
live,
hang
out
and
do
everything
it's
internet.
You
know
in
3D.
S
S
It
needs
Kick-Ass
technology,
connectivity,
spatial
and
spatial
compute,
that's
low
power,
high
performance
and
on
device
or
Edge
intelligence.
If
we
don't
have
those
three
things
at
scale,
the
promise
of
what
the
metaverse
could
be
is
going
to
be
small.
It's
going
to
be
Niche,
it's
going
to
be
different,
it's
going
to
be
fragmented
and
and
not
interoperable.
So
that's
kind
of
the
way
we
look
at
the
whole
idea.
S
AZ
Yeah
I
think
you
know
both
of
those
two
perspectives
are
part
of
what
I
would
Define
the
metaverse
as
being,
which
is
a
digital
space,
a
persistent
digital
space
where
people
come
to
interact
peer-to-peer
and
so
that
immersive
persistent
space
can
be
conceptualized
fairly,
literally
as
an
actual
space
that
is
built
out
in
AR
VR.
You
know
so
that
when
I
look
to
the
right
and
I
look
to
the
left,
this
is
all
spatial
I
can
interact
with
somebody
else
there
directly.
So
that's
one
interpretation
of
that
persistent
immersive
space
but
I
think
another.
AZ
One
is
a
community
that
people
perceive
themselves
as
being
part
of
persistently
that
has
a
value
to
them.
Now
it
does
have
to
have
a
boundary
right,
so
it's
not
enough
definitionally
for
it
just
to
kind
of
like
be
anything
right.
It
needs
in
order
to
be
a
space
that
has
meaning
and
it
needs
to
have
a
boundary.
In
our
case,
we
we
think
of
our
metaverse
as
being
the
boundary
that
our
tokens
touch.
AZ
So
every
transaction
interaction,
game
activity,
commercial
activity,
creative
activity
that
are
that
are
Gamers
and
our
users
are
using
our
Expendable
token.
Our
nfts
and
our
Dow
tokens
for
is
part
of
the
metaverse,
and
the
peer-to-peer
component
is
significant
right.
So
this
is
why
it's
web
3
rather
than
web
2,
is
because
people
are
coming
together
to
interact
directly.
So
if
that's
an
error,
VR
build
out,
it
means
that
they
within
a
single
space
can
interact.
AZ
But
if
it's
a
blockchain
metaverse
like
we
build,
it
doesn't
necessarily
need
to
have
that
kind
of
that.
Peer-To-Peer
Nest
doesn't
have
to
be
happening
concurrently
within
within
a
single
space,
but
it
does
have
to
be
not
not
mediated
by
a
third
party
that
sits
in
between
right,
so
it's
non-proprietary
peer-to-peer.
Therefore,
it
needs
a
blockchain
construction
you're
that
cool
yeah,
so
I
make
the
distinction
between
a
major
verse
with
a
small
m
and
d
metaverse,
the
metaverse
with
the
capital,
M
and
A
metaphors
with
a
small
M.
AZ
We've
had
these
like
ever
since,
whatever
the
eight
is
right,
it
is
basically
Virtual
Worlds
games
and
what
makes
them
a
metaverse
is
that
your
digital
identity
has
a
stateful
existing,
meaning
that
at
any
given
time
it
is
somewhere.
It
is
doing
something
it
is
interacting
with
its
environment,
and
this
is
contrary
to
let's
say,
web
2
or
websites
right
where
your
digital
identity
is
like
a
couch
potato.
It
gets
bombarded
with
information
constantly.
So
this
is
kind
of
like
this,
the
metaverse
with
the
small
end
and
then
the
metaverse
with
the
big
game.
AZ
It
doesn't
exist
yet,
but
when
it
will
exists
these
small
metaverses
or
meta
spaces
that
are
all
a
part
of
cyberspace
today.
These
parts
of
this
of
the
of
that
that
would
be
in
the
metaverse
will
allow
you
to
take
your
identity
and
carry
over
from
one
world
one
virtual
game
to
the
other,
and
maybe
even
your
virtual
assets
and
maybe
other
things
as
well.
So
when
that
happens,
then
we'll
have
the
metaverse
that
was
envisioned
in
science
fiction
like
in
snowcrest
and
ready
player,
one
Etc.
So
that's
my
definition.
Yes,
thank
you.
AZ
Actually,
this
definitions
lead
to
my
second
question.
You
know
there
are
many
different
Technologies.
Now
people
are
talking
about
these
Technologies
metaverse
Technologies.
That's
why
it's
also
a
matter
of
Technology,
but
to
me
I
think.
If
everything
is
metaverse,
then
nothing
is
the
metaverse.
So
I
would
say
we
have
like
a
core
technology
such
as
sensors
and
actions.
Those
eggs
are
things
we
have
virtual
worlds
like
content
creation
like
aigsa
things
like
that
we
have
digital
economy,
of
course,
blockchain
decentralization.
AZ
We
also
have
supporting
Technologies
such
as
computation
Communications,
of
course,
data
storage
and
intelligence.
So
I
would
like
to
just
name
a
few
I
would
like
to
ask
our
panelists,
so
please
name
the
top
three
technologies
that
were
enabling
metaphors,
just
maybe,
if
you
like,
just
a
top
one
so
who
want
to
go
first
step,
I
kind
of
mentioned.
At
least
you
know
three
technology
areas
that
are
gonna
be
really
important
right
in
order
for
I
think
ultimate
success
for
everybody
who
wants
to
build
something
in
this.
AZ
You
know
Big
M,
capital,
M
metaverse.
You
need
the
right
recipe
for
Success.
If
you
don't
have
the
right
ingredients,
you're,
not
gonna,
you're,
not
gonna,
be
able
to
be
successful,
so
pervasive,
low,
latency,
high
bandwidth,
high
capacity
connectivity,
it's
it's
it's
you.
AZ
If
you
don't
have
it
it's
a
non-starter,
and
but
the
good
news
is
that
the
building
blocks
are
there
5G
deployment
and
and
that's
5G
becomes
more
ubiquitous
and
high
band
mid-man
low
band
5G
actually
starts
to
mix
together
to
deliver
that
on-demand
connectivity
from
wherever
you
are
Wi-Fi,
6C,
Wi-Fi
seven
is
finally
getting
you
know,
multi-gigabit
speeds
and
then
an
intersectioning
with
with
5G
and
then
ultimately
6G,
so
that
that
you
pervasive
connectivity
is
number
one
number
two
is
high
performance,
low
power
compute,
but
but
it's
going
to
have
to
be
spatial
because
the
way
to
get
into
the
metaverse
is
through
a
device,
some
sort
of
device.
AZ
Until
we
all
have
chips
in
our
heads
right,
it's
it's
really
through
a
device
experience
that
device
could
be
glasses,
it
could
be
goggles,
it
could
be
your
phone,
it
could
be
your
watch,
it
could
be
your
car,
it
could
be
whatever
you
could
step
into
a
metaverse
environment,
but
you
need
to
wait
in
so
you
need
this
high
performance,
low
power
compute,
because
if
your
battery
runs
dead
after
seven
seconds
of
having
a
metaverse
experience,
not
a
great
experience,
so
that
has
to
be
figured
out
again
on
our
way.
AZ
Promise
is
there
and
we're
moving
in
the
right
direction,
and
then
the
third
thing
is
intelligence.
You
mentioned
it.
Yuan
is
is,
and
it's
not
big
data
intelligence.
AZ
That's
part
of
the
data,
storage,
piece
and
everything,
but
on
device
or
intelligence
at
the
edge
it's
going
to
be
really
important
for
real-time
decision
making,
which,
in
a
lot
of
the
things
that
content
creators
are
going
to
create
in
the
metaverse
you're,
going
to
want
real-time
decision
making
capabilities
for
your
community
for
your
users,
that
has
to
happen
at
the
edge
between
devices
on
device
between
you
and
the
device.
It's
not
going
to
have
time
to
go
to
the
cloud
and
come
back.
It's
like
a
millisecond
type
of
decision
making.
AZ
So
those
to
me
are
the
three
building
blocks
and
those
are
the
bottom
layer
and
there's
lots
of
things
above
that
which
I
think
my
colleagues
probably
can
better
talk
to
than
me.
But
those
are
the
foundational
Technology
Building
Blocks,
so
I
would
go
a
slightly
different
direction
and
I
don't
know
if
it's
if
I
know
the
precise
technology
today,
but
I
think
the
first
one
is
user
interface
and
that
probably
encompasses
a
lot
of
Technology.
AZ
But
you
know,
if
you
think
about
the
metaverse
today,
it's
hard
so
I'm
an
Adjunct
professor
at
Carnegie,
Mellon
I
teach
about
half
my
classes
in
the
metaverse
and
one
day
I
was
going
to
go
in
and
do
a
class
and
one
of
my
professors
from
the
computer
science
department
wanted
to
come
to
the
metaverse
and
try
it
out
see
how
it
was
going
to
go
and
I
said.
Okay,
we
want
me
to
give
you
a
primer
on
how
to
Oh
no
I
got
it.
AZ
I
got
it
I'm
like
okay,
so
I
got
into
the
class
and
as
I
was
teaching
I
looked
up
on
the
ceiling
now
I'm
in
the
metaverse,
not
in
the
real
world
and
stuck
up
on
the
ceiling.
Is
this
professor
now
he's
very
technical
right?
He
was
stuck
up
there.
I
guess
he
was
dming
me
the
whole
time
while
I
was
speaking
so
I
couldn't
help
him
saying
how
do
I
get
off
of
the
ceiling.
So
if
it's
that
hard
right,
you
know
it's
got
to
be
easy
enough.
AZ
I
said
for
my
mom
or
my
dad
to
use
it
right,
my
dad
probably
wouldn't
even
make
it
to
the
ceiling,
so
I
think
we
have
to
work
on
that
user
interface.
In
fact,
last
night
we
were
at
dinner.
We
were
joking,
a
group
of
us
saying
we
should
just
go
steal.
Some
apple
Engineers
right,
get
that
user
interface.
That
ease
of
use
coming
in
so
I
think
that's
one.
AZ
The
second
one
I
think
that
we
need
to
borrow
a
page
from
web
2
and
have
some
real
real
world
level
up
experiences
in
the
metaverse
I.
Think
right
now,
as
you
go
into
the
metaverse,
if
you're
entering
into
like
a
web
2
game,
let's
take
a
game
built
on
Unreal
Engine
with
epic.
You
go
in
there.
You
feel
like
you're
in
the
game.
It's
a
web
2
game,
but
you
feel
like
you're
in
the
game.
AZ
A
lot
of
the
meta
verses
that
I
go
into
for
education,
for
training,
for
events
they're,
not
that
good
they're,
not
as
good
as
what
I
see
on
web2
and
so
I
think
we
have
to
build
those
on
chain
on
blockchain
and
get
that
real
World
experience,
that
higher
level
experience
into
the
game
and
then
the
third
one-
and
you
probably
would
guess
I
would
say
this
would
be
digital
identity.
And
why
is
digital
identity
so
important?
AZ
AZ
Now
you
own
that
data,
so
I,
don't
know
about
you,
but
as
I
go
into
all
these
different
worlds,
I
want
to
make
sure
that
any
of
that
data
I
own
it,
whether
it's
a
you
know
a
ticket
or
an
nft
or
a
token
that
I
get
I,
want
to
make
sure
that
that's
mine
that
that's
not
being
sold
by
someone
else.
So,
for
example,
we
just
did
a
partnership
with
Ready
Player
me,
you
know
who
has
amazing
avatars.
AZ
They
work
in
6,
000
metaverses.
Now,
for
the
first
time
we
have
the
Avatar
that's
connected
with
your
digital
identity.
So
cnd.x
now
travels
with
my
avatar
and
the
data
in
that
Avatar
now
is
saved
and
owned
by
me,
and
so
for
me,
I
think
that's
the
three.
It's
it's
user
interface,
it's
real
world,
whatever
that
technology
turns
out
to
be
Unchained
and
it's
digital
identity,
yeah.
AZ
So
I
come
from
a
sort
of
blockchain
perspective,
so
my
my
Technologies
would
be
kind
of
within
that
overall
category
and
identity
would
be
my
first
as
well.
I
think
that
for
me,
the
reason
why
that's
significant
for
people
is
in
order
to
replicate
our
community
experiences,
Within
These
digital
communities
right
and
so
that
when
I
have
a
singular
identity
that
follows
me
between
environments
and
that
I
can
build
up
over
time.
AZ
What
that
means
is
that,
although
I'm
owning
it-
and
it
may
even
be
anonymized
with
respect
to
my
kind
of
real
world
Persona,
it
can
still
accrue
reputation
over
time
and
that's
really
important,
because
then
I'm
part
of
a
persistent
Community
I
can
do
things
that
I
get
credit
for
I
participate
in.
You
know
a
Dao,
for
example,
in
Alien
worlds,
I
run
to
be
a
custodian.
My
voting
record
is
all
on
chain
when
my
Dowd,
you
know,
creates
nfts
and
other
people
sign
up
for
that
airdrop
they're
constantly
expressing
their
preferences.
AZ
Those
that
reputation
then
follows
the
them
and
can
be
can
be
built
up
over
time
and
I
think
that
that's
also
how
we
get
healthier
communities
right
is
when,
even
if
it's
not
your
your
real
world
name,
it's
still
something
that
has
temporarily
is
valuable
to
you,
and
so
you
don't
just
destroy
it
kind
of
without
without
sort
of
intention.
AZ
Secondly,
I
think
that
asset
transfer
and
interoperability
between
metaverses
is
really
significant.
That's
something
that
we're
working
towards
within
Oma,
3
and
I.
Think
you
guys
maybe
yeah
November
32.
yeah.
So
so
that's
the
open,
metaverse
Alliance
for
web
three,
which
is
precisely
attempting
I
think
to
put
the
Big
M
into
these
small
M's
right
to
create
interoperability
between
metaverses,
which
requires
that
identities
are
portable,
but
also
assets
are
portable
and
there's
a
whole
bunch
of
technical
issues
that
arise
and
also
sort
of
like
product
issues
that
arise.
AZ
So
if
you
have
a
really
abundant
nft
in
Alien
worlds,
and
then
I
can
Port
that
into
Upland,
but
it
gets
real,
a
lot
of
power
in
Upland
and
that
would
disrupt
the
balancing
of
of
that
of
the
games
and
the
activities
in
that
destination
environment.
So
there's
various
protocols,
you
know,
features
that
need
to
be
implemented
with
respect
to
asset
transfer
and
then
the
third
one
that
I
would
say
is
actually
you
know
a
free
internet
itself,
which
is
actually
not
a
given
right.
AZ
We
have
to
keep
you
know
flying
the
flag
for
that,
certainly
not
a
given
in
all
countries
of
the
world,
but
even
in
Western
societies
they're
in
countries
there
there
are,
you
know,
there's
legislation
coming
in
that
might
sort
of
limit
how
free
the
internet
really
is
to
all
of
us.
So
you
know
that's
significant,
because
if
we're
going
to
be
living
more
and
more
of
Our
Lives
within
this
environment,
we
have
to
ensure
that
we
can
actually
access
it
freely
and
and
of
sovereign
way.
AZ
So
I
would
just
expand
on
all
these
wonderful
answers.
Here
so
I
think
one
one
big
thing
that
we're
going
to
hear
a
lot
about
in
the
next
years
is
portaling,
and
this
is
something
we
just
started
to
talk
about
in
in
almost
three
and
just
to
give
an
example
today
in
in
Upland,
where
we're
technically
starting
to
deal
with
these
questions.
AZ
So,
for
example,
we
had
a
partnership
with
the
FIFA
World
Cup
in
Qatar
2022,
where
you
could
have
all
these
activities
and
engage
with
you
know
FIFA
branded
stuff
and
play
together
and
trade
with
other
people.
And
as
part
of
this,
we
had
a
soccer
game
that
you
can
go
like
in
Upland.
You
can
go
to
Rio
De
Janeiro
into
a
soccer
stadium,
sorry
football
stadium
to
the
rest
of
the
world
I'm
from
the
US,
and
you
can
actually
then
launch
an
experience
where
you
play
football.
AZ
Five
against
five
in
kind
of
like
in
a
setting
in
a
tournament,
and
but
the
you
know,
Upland
is
a
mobile
based
game
and
the
the
game
itself.
The
football
game
was,
you
know,
a
kind
of
like
a
PC
Style
game,
so
you
have
to
go
from
your
device
and
you
have
to
click
a
button,
and
then
you
need
to
connect
your
identity
from
our
plan
and
then
play
as
an
Upland.
AZ
AZ
You
know
experience
as
a
user
going
in
the
big
metaverse
from
one
experience
to
the
other,
and
then
another
thing,
I
want
to
say
is
doubling
down
on
something
you
mentioned,
which
is
I,
think
it's
super
critical
and
probably
one
of
the
biggest
problems
which
is
latency
and
again
I
I'm,
a
hobbyist
musician
and
to
me
the
holy
grail
and
I,
don't
know
if
I'll
see
it
in
my
time
of
living
is
if
I
can
get
on
a
practice
with
my
band
virtually
and
actually
be
able
to
play
together
and
I.
AZ
Don't
know
if
it's
even
physically
I
mean
probably
physically
impossible,
but
there
may
be
some
compensation
model
that
can
be
put
in
place
via
software
or
some
wearables
or
whatever.
When
that
happens,
man
we're
in
the
next
level.
Absolutely
yes,
thank
you
excellent.
So
technology
is
typically
associated
with
standards.
Right
like
why
5
Bluetooth
ethernet
those
are
standards
we
use
every
day,
those
by
the
way,
those
are
all
entropriate
standards,
but
we
also
developed
a
pronounced
technical
standards.
So,
to
me,
I
think
a
metaverse
I
see
lots
of
potential
lots
of
opportunities.
AZ
There
lots
of
gaps
to
develop
standards
for
metaverses
like
we
need
to
start
from,
like
a
terminology,
definitions,
testonomy,
and
we
definitely
need
to
a
whole
bunch
of
like
a
technology
standards.
Interoperability
interfaces,
fire
formats,
things
like
that,
also
non-technical.
We
need
content
standards
right
like
a
descriptors
things
like
that,
and
also
from
the
social
implication
perspective
ESG
ethics,
and
also
on
top
of
that
that
we
have
applications
for
different
vertical
Industries.
AZ
We
will
read
the
standards
for
them
too,
so
my
question
is
that
which
standards
will
be
in
your
humble
opinion
would
be
like
a
both
today
or
urgently
needed
for.
AZ
Who
go
first,
go
ahead,
yeah,
so
I
think
what
we're
working
towards,
which
is
asset
standards,
sorry,
asset
transfer
standards,
portaling
and
mapping
yeah.
So
in
terms
of
being
able
to
unite
the
blockchain
metaverses,
that's
really
significant
as
being
able
to
arrive
at
essentially
token
standards,
ultimately,
is
what
those
are
that
would
then
allow,
for
you,
know
the
reporting
of
of
assets
and
also
accounts
and
I.
Think
additionally,
I
mean
in
fact
they're
like
I
would
actually
say
so:
I'm,
not
a
technical
person.
AZ
So
some
of
the
standards
that
we're
innovating
are
like
web3
law,
for
example
right,
so
we're
finding
ways
of
being
able
to
share
IP
with
our
community
or
being
able,
for
example,
for
our
community
to
canonize
the
lore
of
our
metaverse
in
a
decentralized
way,
and
you
then
have
to
start
looking
at.
You
know
a
lot
of
issues
around
IP
I
mean,
of
course.
This
then
comes
into
nfts
as
well.
So
I
would
say
that
there
are
some
standards.
You
know
that
are
being
iterated
through
around
some
of
these.
AZ
You
mentioned
the
sort
of
non
technical
adjacent
areas
like,
for
example,
law.
I'm
gonna
have
a
couple
thoughts
on
it.
For
you
know,
the
governance
is
a
big
right,
it's
a
big
issue
and
if
we
can
take
what
we've
learned
from
social
media
right,
where
there
wasn't
a
lot
of
Standards
or
the
standards
were
controlled
by
the
platforms
and
some
of
them
were
tighter
or
looser,
depending
on
the
platform
and
now
we're
we're
reaping
the
benefits
of
social
media,
but
we're
also
reaping
the
Havoc
right
cyber
bullying
right
ethical
standards,
data
privacy.
AZ
We
mentioned
that,
so
we
can
take
a
step
back,
learn
from
that
Revolution
the
social
media
Revolution
and
apply
it
towards
what
this
Big
M
is
going
to
be,
maybe
take
the
learnings.
Maybe
we
can
develop
standards
and
governance
that
will
make
it
a
safe
place
from
the
get-go
and
not
have
to
backpedal
after
the
fact
so
I
think
that's
just
one
macro
thought
I
have
and
then
the
second
thought
I
have
is
you
know.
Democratization
is
great,
but
standards
bring
structure
right.
That's
that
and
ubiquitous
structure,
because
democratization
without
structure
is
chaos.
AZ
So
we
do
need
that
structure
and
that
governance
and
these
standards
that
everyone
can
agree
to
to
allow
for
ultimate
success
portability
portaling
and
to
make
the
experience
for
for
The
Meta
for
the
person
in
the
metaverse
or
their
digital
twin
or
the
object
and
it's
digital
twin
to
be
ultimately
be
able
to
have
a
great
experience
on
the
other
side.
So
those
are
just
my
thoughts
on
overall
governance.
I
I
did
a.
AZ
I
moderated
a
panel
and
I
threw
this
governance
question
into
this
group
of
people
and
everyone's
head
blew
off
right
because
it's
like
who's
in
charge
right
is
it
the
community?
Is
it
like
Reddit?
Is
it
self-managed?
Is
it
big
Tech?
Nobody
wants
big
Tech
to
be
in
charge
and
then
is
it
government?
Nobody
wants
government
to
be
in
charge
so
who
is
actually
in
charge
and
is
it
is
it
the
Branded?
Is
it
the
the
world
itself
right?
Is
it
with
gameplay?
You
know
right.
AZ
You
play
the
game
you
play
by
the
rules,
you
don't
you
get
kicked
out
or
whatever,
but
it's
not
that
easy.
When
you
go
beyond
gaming,
so
I
think
there's
a
lot
of
things
that
still
need
to
be
figured
out.
AZ
I
would
also
say
that
one
of
the
things
we're
working
on
with
Oma
3
are
standards
like
how
do
you
find
where
you
own
land,
so
think
about
ownership
of
land
or
ownership
of
a
building?
What
are
the
coordinates?
Is
it
ipfs
or
how
do
you?
How
do
you
show
that?
And
then,
where
do
you
store
that
information
is
that
stored
in
your
digital
identity,
so
in
your
digital
identity,
I
can
identify
that
I
own?
You
know
land
here
and
three
buildings
here,
so
that
I
have
a
place
where
it
goes.
AZ
I
think
some
of
those
are
some
of
the
standards
that
we're
working
on
right
now
in
the
working
group,
I
think
it's
called
space
or
land,
or
something
like
that
in
the
uma3
that
I
think
sorry
real
estate
real
estate
anyway,
but
I
think
that's
one
of
the
things
that
we
have
to
work
on
and
then
I
think.
The
second
standard
is
just
for
digital
identity.
AZ
Overall,
you
know
for
this
dream
of
web
3,
where
you
can
use
your
digital
identity
to
log
into
any
application
so
that
your
identity
is
tied
to
you
and
not
a
platform
or
not
an
application.
You're
going
to
still
have
multiple
digital
identity
players,
so
there
has
to
be
a
standard
so
that
I
can
log
into
any
metaverse
or
I
can
log
into
any
game
or
any
dap.
AZ
AZ
Yet
yeah
I'll
take
a
slightly
different
angle,
so
maybe
asking
the
question:
why
do
we
even
need
standards
right
and
maybe
one
example
of
it
again
when
we
envision,
like
the
the
size
of
the
Big
M
metaverse,
and
what
it's
going
to
look
like,
there's
going
to
be
a
lot
of
basically
common
elements
in
between
each
of
the
worlds
that
participate
in
the
metaverse
and
one
example
of
this.
This
is
an
initiative
that
we're
working
on
right
now
for
the
open
metaverse,
what
we
call
the
species
foundation.
AZ
So,
if
you
imagine,
the
future
of
the
metaverse
will
comprise
different
worlds
and
games,
and
some
of
these
we
need
to
implement
forms
of
life
right.
So
you
know
trees
and
and
cows,
and
dogs
and
cats
and
and
flowers
Etc,
and
it
just
doesn't
make
any
sense
that
each
centralized
team
will
work
on
the
same
problem.
Time
and
again
and
again
so
kind
of
like
our
vision
is
okay.
AZ
There
should
be
a
digital
repository
right
that
represents,
you
know:
species
of
life
with
all
the
implied
elements
of
all
the
metadata
and
all
the
you
know,
3D
models
we
have
different,
you
know,
visualization
form,
be
it
pixel
beat
voxel
a
bit
real
real
life,
a
bit
cartoon.
You
know
how
much
energy
consumption
they
take.
What's
their
lifespan,
how
do
they
produce
all
of
that
information
can
be
then
utilized
by
adopting
worlds.
AZ
In
order
to
do
that,
you
need
a
standard
that
basically
everybody
plays
by
the
same
thing,
and
if
you
have
that,
then
everything
else
becomes
more
natural,
so
portaling.
But
if
I
can
take
now
my
dog
from
one
world
to
another,
when
I
go
with
my
identity
to
another
world
in
the
metaverse
and
now
that
other
world
has
something
to
rely
on,
how
does
a
dog
look
like
right?
How
does
it?
How
fast
does
it
go?
What
if
it
raises
another
dog
like
who
gets
to
win?
AZ
So
these
are
some
of
the
reasons
why
we
need
standards
in
the
first
place,
and
these
real
world
needs
are
going
to
lead
to
the
first
standards
that
we
see,
materializing
them
at
reverse,
yeah
I
think
that's
really
important,
because
right
now
you
know
with
the
web
Street
Community,
it
is
a
community
and
I
think
there
is
disagreement
on
who
does
what,
when
who
can
tell
me?
This
is
why
I
came
to
web3.
So
no
one
could
tell
me
what
the
rules
were.
AZ
So
I
do
think
you
know
as
we
mature
and
as
we
start
to
scale,
these
things
will
be
needed,
but
we
do
have
to
figure
out
what
the
web
3
ethos
or
the
metaverse
ethos.
How
do
we
do
that
in
a
different
way
than
we
did
in
web
2?
Right,
not
an
I
can
white,
maybe
not
even
an
IEEE
way,
but
a
different
way
for
our
community
right.
Do
you
guys
agree
with
that
yeah?
But
if
it
doesn't
happen,
then
what
happens
is
Regulators
get
involved?
Yeah.
AZ
You
don't
want
that
yeah
right,
you
know
necessarily
because
they
don't
they
don't
get
it
right
most
of
the
time,
so
so
you're
right
as
it
matures.
Maybe
there's
this
parallel
pathing
of
Standards
development
collaborative
standards,
development
that
everyone
can
agree
on
I
mean
that
might
be
a
little
Pollyanna,
but
yeah
gotta
give
it
a
try
and
that's
why
I
love
what
upland's
doing,
because
it's
not
like
forcing
it's
like.
Let
me
tell
you
why
it's
good,
not
that
we're
just
doing
it
to
have
a
standard
right,
I!
AZ
Think
the
significant
difference
in
web3
is
that
animal
Brands
definition,
the
metaverse,
is
a
series
of
interconnected
platforms
right
and
at
each
of
those
platform
choices.
The
user
in
general
has
different
options,
which
is
one
of
the
reasons.
Actually
why
the
end-to-end
experience
is
less
good
in
general.
Actually,
but
that
optionality,
that's
that's
baked
into
how
we
compose
these
systems.
It
does
actually
really
Empower
users
and
I
think
that
it
means
that
any
standards
that
arise
still
I
mean
the
user
can
in
general,
probably
opt
out.
AZ
They
might
not
get
then
like
a
full
feature
set
right,
but
they
can
still
choose
to
opt
out.
It's
also
just
really
fascinating
to
be
part
of
this
industry
at
the
point
of
inflection,
where
we're
beginning
to
think
about
things
like
you
know,
self-organizing,
for
standards,
I
think
that
that
reflects
a
lot
of
things
about
the
environment
that
we're
in
you
know
the
users
and
what
they're
wanting
our
levels
now
of
technical
sort
of
capabilities.
It's
just
a
really
interesting
thing
that
this
is
now
arising
organically
and
I.
Think
it
means
that
we're
yeah.
AZ
AZ
We
can
allocate
people
to
think
about
these
types
of
coordination
problems
and
it's
a
it's
a
good
time
to
be
honest
and
what's
additionally,
great
about
our
specific
industry
in
the
web
3,
which
is
that
the
community
participation,
the
fact
that
they
are
a
part
of
it
they
get
to
own
they
get
to
decide
on
the
future
and
that
they
will
be
involved
also
in
having
their
voice
when
we
kind
of
like
decide
how
this
future
rolls
out.
I
think
this
is
one
of
the
big
differences
between
web
through
thinking
and
web.
AZ
Two
things
yeah,
it's
going
to
be
super
relevant
for
them.
I
agree
yeah.
That
leads
to
my
last
question.
So
you
know
we
heard
lots
of
debates
about
the
future
of
metaverse.
We
are
actually
supposed
to
address
the
future
of
the
metaverse
right.
So
lots
of
debates
are
about
like
a
aspect
like
a
centralization
versus
a
decentralization.
Also,
people
were
debating
about
it
in
the
future.
Will
there
be
like
only
one
metaverse
or
Monday
metaverses,
or
maybe
like
the
internet
of
metaverses
whatever?
AZ
So
my
last
question
would
be
like-
let's
be
more
imaginary
and
Visionary,
so
describe
the
metaverse
or
meta
verses
in
10
years.
So
what
features
or
functions
that
we
don't
have
today
will
become
true,
like
what
disruptive
changes
will
be
brought
by
the
metaverse
to
our
life
and
look
just
a
well
the
metaverse
in
10
years,
so
our
parents
wow
metaverse
in
30
years.
Oh,
my
God
I
was
about
ready
to
pass
out.
AZ
If
I
could
do
that,
I
could
really
bet
win
on
the
stock
market.
Right,
let's
see
in
in
10
years,
I
mean
one
of
the
things
that
I
hope
is
that
we
don't
have
to
be
carrying
around
any
glasses.
AZ
We
are
not
constrained
by
anything.
That's
physical,
that
that
really,
it
feels
like
you're
in
real
life.
I
think
that
would
really
be
the
dream.
I
just
met
a
company
a
couple
days
ago,
called
Morpheus
and
that's
what
they're
working
on
they
were
showing
me
their
demo
and-
and
so
you
know,
no,
no
VR,
no
AR,
no
nothing,
and
it's
not
even
on
like
a
mobile
device
like
you're
just
walking
into
it.
It
feels
like
you're
you're.
There
almost
like
you,
can't
tell
the
difference
between
in
real
life
and
the
metaverse.
AZ
That
would
be
my
vision
or
dream
for
10
years
from
now
I
think
I
would
say
you
know
the
user
being
at
the
at
the
center,
the
user
being
the
one
persistent
thing
that
is
ported
between
metaverses,
their
blockchain
identity,
and
you
know
the
the
user,
then
everything
being
being
built
around
that
user
right.
So
this
is
why
you
know
we
see
a
definitional
kind
of
component
of
the
metaverse
being
a
blockchain
construction
that
that
then
allows
users
to
own
what
they're
creating
to
interact
with
each
other.
AZ
This
is
really
a
New,
Economic
and
Technical
environment
that's
being
created,
and
what
that
means
is
that
people
are
able
to
kind
of
Express
their
own
agency
and
autonomy
in
it,
and
so,
in
a
sense,
our
own
predictions
about
where
it's
going
is
like
we're
building
these
platforms,
but
ultimately
it's
users
who
are
populating
them
with
their
own
ideas
and
their
own
business
models
and
their
own
communities,
and
that's
why
the
user-centric
user
owned
metaverse
is
so
significant.
That's
what
is
transformational
about
web3
versus
web
2.!
AZ
That's
where
the
value
actually
is
in
web
3
versus
web
2
is
the
fact
that
users
take
forward
their
own
ideas
and,
in
fact,
then
capture
the
value
from
that.
So
I
see
it
as
a
an
economic
Revolution,
really
in
which
people
can
be
entrepreneurial
and
and
we'll
be
creating
new
businesses,
new
business
models
and
we'll
have
new
unicorns,
and
you
know
new
massive
companies
that
probably
will
be
created
by
you
know.
AZ
People
who
today
are
just
using
these
Technologies
I
mean
hopefully
in
10
years
it
will
have
scale,
it
will
be
more
accessible
regardless
of
geography.
AZ
You
know
internet
connectivity
plan
and
socioeconomic
status
and
and
I
think
if
we
can
achieve.
If
we
all
do
our
jobs
right,
I
think
getting
there
in
10
years
is
actually
doable
and-
and
that's
really
where
it
becomes,
you
say,
blur
the
lines
between
real
life
and
the
metaverse.
Well,
that
can't
be
an
experience
just
for
the
few.
It
has
to
be
for
the
many
and
so
and
there's
a
lot
of
work
to
get
there,
but
I
think
that's
my
vision
for
10
years
from
now.
AZ
Is
that
whatever
it
is,
whatever
worlds?
We're
building
whatever
people
are
being
invited
in
that
it's
accessible
to
everyone
right,
not
just
a
small
subset
of
the
population
because
they
live
in
a
developed
country.
Who've
got
amazing
connectivity,
right
and
and
socioeconomic
status
to
actually
take
advantage
of
it.
That's
kind
of
where
we
are
today
so
10
years
is
that's
what
I
hope
for
so
I'll
keep
mine
short,
because
it
looks
like
we're
running
out
of
time.
So
I
think
my
prediction
is
that
10
years
from
now
we
can
be
in
a
state.
AZ
We
can
start
saying
that
the
metaverse
with
the
Big
M
does
exist
and
no
longer
can
we
say
it
doesn't
exist,
and
that
means
that
it's
borderless
and
basically
anybody
who
wants
to
bring
their
offering
into
the
metaphors
of
the
Big
M
is
able
to
accept
other
people's
identities
and
other
people's
flow
into
their
offering
and
now
we're
starting
to
see
this
blur
of
giant
Limitless
borderless
thing
that
is
called
the
metaverse
can
I
add
one
more
thing:
okay,
just
as
I
was
thinking
about
all
these
answers
and
I
know
we
have
to
go,
but
you
know
the
other
thing
that
I
think
is
really
important
is
that
we
get
a
more
diverse
audience
participating
in
the
metaverse.
AZ
So
if
you
look
at
it
today,
only
eight
percent
of
people
who
are
working
in
the
blockchain
web
3
metaverse
space
are
women.
Eight
percent
single
digits
that's
way
too
low
in
AI,
which
also
will
I
think
will
play
a
big
role
in
metaverse.
It's
only
15
and
so
I
think
for
us
to
have
the
inclusivity.
It's
not
just
like
low
wealth
versus
the
non-wealthy
or
those
who
can
afford
or
not
afford
it.
We've
got
to
start,
including
all
voices
now
so,
whether
that's
people
of
color
or
women,
I
think
in
10
years.
AZ
That
has
to
start
now
in
order
to
have
the
right
metaverse
in
10
years,
okay,
I
think
we
have
to
conclude
our
panel.
Thank
you
so
much
for
distinguished
the
panels.
I
believe
we
can
keep
talking
for
hours,
maybe
another
cocktail
time
we
will
need,
but
anyway,
so
I
hope
for
our
audience.
I
hope
waiting
to
make
you
even
more
confused
about
the
metals.
Thank
you.
AZ
Today,
as
they
make
their
way
off
stage,
I
officially
get
to
introduce
the
love
one
of
those
lovely
women
that
happens
to
fall
into
those
eight
percent.
A
very
proud
representative
of
those
eight
percent
before
I
introduce
her
onto
the
stage
or
before
I
get
her
up
here
to
give
the
goodbyes
again.
Thank
you
so
much
for
joining
us,
both
physically,
but
also
online,
to
the
thousands
of
you
that
tuned
in
over
the
last
couple
of
days.
AZ
We
hope
that
we
were
able
to
Foster
interesting
discussions,
Enlighten
you
on
some
topics
and
hopefully
have
left
you
with
an
overall
feeling
of
positivity
and
enthusiasm
heading
into
the
future.
It's
now
my
great
joy
to
bring
onto
the
stage
one
of
the
wonderful
people
that
helped
make
this
happen
join
me
in
giving
a
very
warm
welcome
to
meet
a
parlor
car,
CTO
and
co-founder
of
Casper
labs.
AZ
I,
don't
know
is
my
mic
live
all
right,
all
right,
so
I'm
speaking
to
everybody
upstairs
and
downstairs
here
at
the
Hub,
all
right
people,
so
I
hope
everybody's
enjoying
that
wonderful
champagne
from
our
our
sponsors
and
our
partners
over
at
D
music
enjoy
the
happy
hour
I'm
here
to
kind
of
wind
up
the
Hub,
we're
all
about
a
platform
Casper
platform.
AZ
That's
going
to
bring
Enterprises
decentralized,
Finance
gaming,
individual
contributors,
Dows
communities
like
xprize
and
ipv
they're,
all
going
to
come
together
on
the
public,
Casper
protocol
and
platform,
and
that's
what
the
Hub
is
all
about.
The
Hub
is
all
about
us
coming
together
to
raise
up
blockchain
technology.