►
From YouTube: Regulated DEX, DeFi, DAPP Leasing, Automated Resource Management 2.0, and Chintai Merchant Network
Description
David Packham (CEO) and Phillip Hamnett (CTO) join Zack to discuss all of the interconnected DeFi products being built at Chintai that are changing the way people use and exchange value.
https://chintai.io/
https://t.me/ChintaiEOS
https://twitter.com/chintaieos
***
https://www.dappiness.io
https://www.EverythingEOS.io
https://youtube.com/c/Everything_EOS
http://t.me/Everything_EOS
https://anchor.fm/everythingeos
https://itunes.apple.com/us/podcast/everything-eos/id1434560651?mt=2
For information on sponsorship opportunities or content partnerships, please contact zack at everythingeos.io or @BlockchainZack on Twitter and Telegram.
A
All
right,
let's
see
it,
says,
we're
live
I,
am
waiting
for
clarification.
I'm
in
the
live
chat.
Sorry
about
this
guys.
We
had
some
issues
with
the
other
software,
so
we
are
signed
in
here
with
zoom
I'm
waiting
to
see
if
it
is
popping
up
on
the
live
feed
on
the
channel,
I
think
it
might
be
a
different
link.
It.
B
A
C
A
Is
perfect,
then
we
don't.
We
don't
have
to
try
to
read
this
to
read
the
link
while
we're
talking
here.
Alright,
so,
yes
guys
will
know
I'm
off
my
game.
Welcome
back
to
everything,
Yoast
the
longest-running
ears,
podcast
I'm,
your
host
Zach
go
from
liquid
apps
da
penis
everything
ears.
I
am
here
with
David
pack
shoot
I,
don't
have
your
name
in
front?
Is
it
packed
in
a
pack
min
sorry
Paco,
but
crack
him
Wow
I
messed
it
up
your
name
on
your
screen.
It's.
A
Everybody
for
being
off
my
game:
alright,
I'm,
here
with
the
CTO
of
shinty,
Phillip
Hamnett
and
David
Packham,
the
CEO
I'm,
just
gonna,
stop
talking
here
because
I'm
a
little
flustered,
so
I'll.
Let
you
guys
introduce
yourself
I'll,
let
David
start
introduce
yourself,
Phil,
introduce
yourself
and
then
let's
just
get
into
like
high-level,
like
what
is
shouldn't
I
for
anyone
who
has
been
living
under
a
rock
for
a
year
which.
B
I'm
Phillip
I,
originally
before
I
entered
the
blockchain
space.
I
was
a
physicist
and
I
did
programming
in
data
analysis
and
I
did
that
for
many
years,
then,
when
I
finished,
this
I
was
working
for
subcontractors
Airbus,
where
I
was
doing
embedded
software
systems
for
airplanes
and
then,
as
luck
would
have
it.
David
hired
me
to
work
on
the
shin
type
project
was
one
of
the
original
developers
on
the
on
the
original
shin
tire,
smart
contracts
for
Yoast
leasing
and
yes,
instead,
I've
been
working
on
that
and
Billy.
A
B
I
was
using
it,
so
the
project
I
was
doing
was
about
evacuation
dynamics,
so
I
had
Monte
Carlo
simulations
of
cars
in
a
city,
and
the
question
was
if
there
was
some
sort
of
like
big
emergency
and,
like
everyone
had
to
evacuate
an
entire
city
for
whatever
reason,
the
question
was:
how
would
communication
in
like
the
modern
era
so
like
people
using
Twitter
and
Facebook
and
and
their
phones
to
to
tell
others
don't
go
on
the
highway?
The
highway
is
completely
jammed.
B
A
Awesome,
and
so
the
reason
that
struck
in
accord
with
me
was
because,
at
the
that
that
network
hackathon
team
vigor,
which
from
vigor
deck,
which
I'm
a
part
of
they,
did
a
Monte
Carlo
simulation
for
financial
modeling
to
model
risk
with
financial
markets,
so
I'm
not
super
familiar
with
Monte
Carlo,
but
I
know
the
people
who
are
working
with
that
are
much
much
smarter
than
me
and
they're
all
really
really
good.
At
math
and
David
you
just
you
just
did
something
interesting
so
outside
we're
outside
of
shinty.
A
C
Position
exactly
so
yeah
I
did
kind
of
brush
over
my
background,
20
years
in
financial
services
prior,
so
a
range
of
banks
and
things
like
that.
That's
actually
being
useful
for
a
lot
of
what
we're
now
doing,
with
which
in
science,
effectively
a
decentralized
financed
project
and
therefore
that
overlap
is
certainly
helpful.
I
think
for
for
us
as
a
project
to
have
someone
with
that
kind
of
background
in
involved,
as
well.
Of
course,
but
yeah
wobbly
I
was
asked
to
come
in
actually
as
an
interim
CFO,
Dominic
Thomas,
the
CEO
and
one
of
the
co-founders.
C
They
had
that
kind
of
deal
almost
bubbling
in
the
background
in
the
pipeline.
They
needed
to
just
do
a
wholesale
review
of
their
internal
finances.
What
most
people
don't
appreciate
is
that
what
we've
been
incredibly
well
set
up
from
the
start
in
terms
of
legals
and
the
way
they
handled
every
aspect
of
the
token
side
of
things
and
locking
down
KYC
naml
at
the
account
level
got
a
lot
of
flack
for
that,
and
it
led
to
the
token
suffering
from
lack
of
liquidity,
because
it
hasn't
got
a
because
you
couldn't
trade
it
legally.
C
In
terms
of
its
you
know,
and
so
on,
so
that
that's
been
both
a
kind
of
blessing
and
a
curse
for
it.
But
the
reason
therefore,
it's
it's
being
bought
out
by
an
institutional
buyer
and
lazy
its
capital
is,
is
precisely
because
it's
done
so
many
things
the
right
way
and
can
now
be
leveraged
as
a
platform
for
bring
in
all
sorts
of
accredited
investors
and
institutional
buyers
and
so
on.
To
deploy
security
tokens,
carry
our
issuances
and
there's
a
platform,
a
fundamental
platform
for
regulated
securities
trading
and
other
products
like
say.
A
C
C
They
then
give
you
the
green
light,
so
right
now
launches
out
the
wild
and
scale
it
up,
and
they
actually
decided,
though,
looking
at
the
token
control
framework
that's
in
place
and
the
other
regulatory
aspects
related
to
both
warbly
and
ourselves
that
actually
there
were
no
concerns
about
us
being
compliant
and
therefore
just
told
us
to
bypass
that
and
just
apply
for
licensing,
and
so
that's
actually
been
a
great
outcome
for
us.
It's
move.
C
A
C
Most
people
kind
of
understand
it
is
quite
a
big
deal
absolutely,
but
what
it
means
is
that
we
were
able
to
issue
or
or
at
least
handle
for
other
other
clients.
The
issuing
of
security
tokens
in
a
regulated
environment
actually
amazing
over
sighted
by
the
FDA,
the
financial
conduct
authority
out
of
London
as
well.
So
they
will
likewise
have
the
opportunity
to
do
that
from
oversight
of
the
UK
as
well,
but
it
gives
it
gives
clients
options
right.
It
depends
where
they're
based
in
the
world.
C
It
depends
what
kind
of
regulatory
oversight
they're
happy
with
they're.
Actually
both
high
quality
regulators
pretty
well
over
sighted,
and
all
of
this
really
is
for
me
a
precursor
to
the
US,
which
is
it
just
the
SEC.
For
example.
They
just
want
to
see
this
kind
of
thing
up
and
running
in
another
jurisdiction
before
they're
going
to
be
necessarily
happy
with
expansion
out
into
the
US
as
well.
But
that's
really
what
a
lot
of
this
is
a
long
term.
C
It's
definitely
feasible
at
that
point
absolutely
so
we
would
likely
be
looking
to
partner
with
existing
in
institutions
already
in
the
rather
last
four
apply
for
licensing.
They
can
leverage,
jin-tae
and
potentially
warbly
as
a
chain
to
carry
out
the
same
activity.
That's
that's
not
going
elsewhere,
fully
regulated
fully
oversight
it
the
regulator's,
can
plug
in
and
see
all
the
things
like
aspects
like
compliance
reporting
and
so
on
in
real
time.
So
there's
a
lot
of
potential
with
all
of
this,
but
we
are
pre,
I.
Think
diverging
a
bit
in
terms
of
where
this
is.
A
Guys
went
under
quite
a
transition
over
the
last
year,
I
think
just
even
the
stuff
we
just
talked
about
for
the
last
five
minutes
or
so
might
be
surprising
to
some
people,
because
I
think
the
general
Yost
community
that
hasn't
been
following
your
project
over
the
last
six
months,
or
so
they
see
you
guys,
is
just
like
a
leasing
platform
so
that
that's
how
you
guys
got
your
start
was
I.
Think.
C
Where
the
common,
the
common,
whether
it
actually
is
basically
Oh
since
I,
got
killed
by
the
recs,
that's
that's
it!
That's
how
you
sum
up
the
projects
for
a
lot
of
people
who
are
not
familiar
with
what
we
were
doing,
whereas
actually
so
really
you
remember
you
remember
he
else,
weekly
right,
oh
yeah,.
A
C
There's
you
know,
bonds,
there's
a
range
of
other
asset
class.
You've
got
them
in
service
for
deployment
of
the
actual
doing
your
own
raises,
and
so
on.
All
of
that
kind
of
is
then
bound
together
by
the
checks,
token
itself
and
yeah
so
but
you're
right.
The
big
misconception,
I
think
right
now
and
even
amongst
quite
a
lot
of
the
yield
community,
who
aren't
really
familiar
and
haven't
taken.
A
look
in
is:
oh
well
yeah,
these
guys
it's
just
a
project
that
got
wiped
out
by
the
recs.
It
must
be
right
in.
A
There's
other
chains
so
I
mean
there's
at
least
pray.
What,
like
10
years,
I
owe
chains
that
I
could
probably
just
name
off
the
top
of
my
head
and
not
all
of
them
implemented
the
racks
from
the
start.
I,
don't
think
warbly
doesn't
use
the
Rex
I,
don't
think
wax
uses
the
Rex
as
a
matter
of
fact,
William
quickly
didn't
like
directs,
and
now
we
saw
the
issues
that
we've
been
having
since
November
block
1
pivoted
they've,
like
a
one-year
action
plan
to
like
phase
out
the
old
racks
and
get
a
new
resource
model.
A
B
We
right
now
we
on
the
kyln
test
net,
we're
testing
the
eos
leasing
markets
that
we'll
be
releasing
on
the
eos
main
net,
but
that
process
works
exactly
the
same
on
the
wax
on
boss.
Tell
us
any
any
of
the
normally
over
year,
so
testing
what
James
it
works.
The
same
way
so
once
we're
confident
that
it
works
on
our
test
net
and
there
are
no
fatal
flaws
or
bugs
in
it
and
we
can
deploy
it.
B
A
B
Right
so
the
DAP
leasing
market
is
in
testing
and
development
right
now,
so
there's
two
stages
to
it.
The
the
first
stage
is
sort
of
like
the
MVP
that
fleecing
market
and
then
the
second
stage
it's
going
to
be
a
more
advanced
version
with
a
lot
more
features
added
to
it
and
that's
going
to
be
coming
a
couple
of
weeks
after
the
ever
the
MVP.
A
I
didn't
see
it
functioning
or
anything.
I
just
saw
like
how
it
was
laid
out.
The
information
and
stuff
I
can't
wait
for
everyone
else
to
get
to
use
it,
because
right
now,
on
that
network,
we
there's
only
one
leasing
market.
So
the
block
start
has
a
great
leasing
market,
but
you
could
only
rent
tokens
to
basically
use
block
starts
DSP,
whereas
once
you
guys
launch
your
marketplace,
it's
going
to
allow
you
to
rent
and
stake
to
any
DSP,
which
will
be
interesting,
yeah.
A
A
B
Yes,
wax
wobbly,
they
will
be
first.
They
will
come
before
that.
The
reason
for
this
is
that
that
market
has
is,
is
quite
unique
in
terms
of
its
toe
economics
and
it
required
a
different
kind
of
marketplace.
So,
rather
than
it
being
your
classic
order
book
marketplace,
it's
going
to
be
very
much
like
the
vex
in
that
all
DAP
lenders
will
put
their
DAP
tokens
into
a
large
pool
of
tokens,
and
borrowers
can
take
from
that
pool
and
they
will
be
generating
a
dapper
X
token
we're
going
to
which
works
exactly
the
same
way.
B
B
So
that
means,
if
you
have
your
DAP
tokens
in
the
shin
time,
market
and
and
the
shin
time
market
gets
completely
locked
up,
because
all
the
tokens
are
being
leased
out
right
now,
which
happens
with
vex.
Sometimes
right
like
like
when
the
AI
does
being
happened
and
in
that
moment
you're
stuck
for
at
least
30
days
for
the
duration
of
a
lease
before
you
can
get
your
DAP
tokens
back
or
you
could
trade
your
that
Rex
tokens
to
somebody
at
a
premium
and
he
can
get
your
tokens
back
30
days
later.
A
Mean
it's
it's
something
common
in
traditional
financial
markets.
To
be
able
to
do.
Swaps
like
yeah
I
was
watching.
The
reason
I
did
that
intro
with
the
max
de
pintura
is
because
I
just
watched
Phil's
interview
from
like
a
week
or
two
ago
on
Mac
step
and
he
you're
explaining
the
bond
market,
which
we're
gonna
get
into
and
you're
talking
about
how
like.
A
B
A
What
are
you
guys
doing
with
your
traditional
order
book
markets?
I
want
to
get
into
more
of
the
regulated
deck
stuff,
because
that
stuff
was
when
I
was
researching.
This,
like
I
love,
defy,
and
it's
interesting
that
you
they're
taking
like
a
regulated
approach
to
defy,
because
traditionally,
when
I
think,
if
defy
I,
think
of
something
that
just
kind
of
runs
itself,
like
you
can't
be
stopped
like
I,
would
give
the
example
of
like
maker
Dow,
but
even
that
has
like
centralized
controls
like
nothing's
at
this
point.
A
C
So
by
going
fully
peer-to-peer,
for
example,
as
the
underlying
structure
of
an
exchange
which
is
possible,
you
have
trade
offs,
you
you,
you
lose,
for
example,
the
certainly
certainly
in
in
its
current
state.
You
lose
a
degree
of
comfort
from
regulators
that
they
can
fully
oversight
in
the
market
and
ensure
that
it
doesn't
become
a
cesspit
for
money
laundering
or
whatever.
That
kind
of
you
know
nefarious
activity,
which
is
ultimately
what
they're
there
to
try
and
stop.
C
But
you
also
lose
some
efficiencies
related
to
how
a
centralized
small
contracts
can,
in
theory,
also
use
that
to
market
make
and
also
for
arbitrage,
is
due
to
come
in
and
keep
efficiency
between
multiple
markets
that
are
share
the
same
asset
class.
That
kind
of
things
so
I
I
only
mention
that,
because
it
feeds
into
discussions,
we
we
have
with
the
likes
of
regulators
on
what
works
for
them
as
much
as
works
for
all
of
us.
C
You
know
in
one
sense
you
are
to
me
I'd,
say:
let's
just
go
for
fully
peer-to-peer
on
everything
right
and
decentralize
it
all
down
to
that
level,
but
to
be
done
in
in
a
way
that
regulators
are
also
comfortable
with
as
well.
So
that's
why,
with
regards
to
the
exchange
when
it
launches
it's
still,
it's
it's
decentralized
by
virtue
of
the
fact
that
it's
completely
unchain
everything
but
there's
still
a
structural
design
which
is
going
to
look
very
familiar
to
people
in
that
it
acts
as
a
custodian
during
the
actual
moment
of
the
transactions
itself.
C
And
that's
why
it's
it's
partly
because,
without
that,
how
do
you
really
clearly
evidence
transaction
activity
and
control
over
the
transactional
activity
in
a
way
that
regulators
are
necessarily
happy
with
yet
now
it
may
well
be
that
we
we
can
move
it
to
an
even
more
decentralized
form
over
time,
but
with
you
know,
it's
one
step
at
a
time
with
things
like
this
I
think.
The
very
fact
that
we
have
a
regulated
exchange
coming
to
to
the
EOS
IO
community
is
gonna,
be
a
big
deal,
whether
they
realize
it
or
not.
Yet
so,.
A
B
B
So
at
some
point
in
the
over
the
next
few
months,
we'll
be
looking
at
a
smart
contracts
that
can
store
on
chain
your
compliance
credentials
essentially
and
then,
as
as
a
token,
is
swaps
or,
as
you
make
an
order
to
trade
or
whatever
it
is
you're
doing.
We
can
then
compare
your
order
and
your
identity
against
this
compliance,
smart
contract
and
check.
If
what
you're
doing
is
allowed
or
not,
this
part
is
still
to
be
done,
but,
to
be
honest,
I
I
don't
anticipate
any
major
issues
with
with
that
side
of
it.
B
A
That's
awesome,
so
it's
almost
like
voice
launches
tomorrow,
so
we've
been
talking
since
b1
June
about
you.
Have
this
voice
verified
account?
It
proves
that
you're,
a
unique
ID
that
this
sounds
like
it
could
serve
a
similar
purpose.
Like
someone
who's
like
a
finance
guy,
he
doesn't
care
about
voice,
but
he's
using
your
tools.
He
gets
approved
from
the
compliance.
Does
that
validation
for
his
compliance?
Could
that
be
used
by
other
applications?
A
C
That's
actually
the
big
service
that
a
latex
capital
in
your
owners
of
all
they
are
focusing
pretty
much
full
on
right
now,
building
out,
they
need
it
to
get
their
own
clients
on
board
it
onto
the
wall,
be
chain
and
start
doing
things
like
security,
token,
issuances
trading
activity,
all
sorts
of
other
things.
That's
how
it's
gonna
happen.
You
need
compliance
as
a
service,
so
certainly
the
way
warbly
has
been
designed
is
for
others
to
leverage
off
that
service
to
and
indeed
for
competing
services
over
time
to
to
launch
on
there
as
well.
C
So
we
we've
certainly
been
proceeding
with
that
and
and
having
had
a
really
good
call
with
our
CEO
earlier
this
week,
I've
got
no
doubts
that
they're
going
to
deliver
on
on
this
they've
actually
got
the
Titan
team
working
pretty
much
full
full-time
on
this
right
now
yeah.
So
you
know
it's
definitely
a
high
quality,
taxing
they're
behind
it
that
are
working
on
this
as
well.
So.
A
B
A
A
C
I,
don't
understand
how
like
that
I
can
fully
necessarily
work
in
the
sense
that,
once
things
are
taking
place
with
other
other
chains,
you're
out
of
the
effective
compliance
sandbox
right.
So
so
in
terms
of
how
we
plan
to
scale
we're,
definitely
looking
at
leveraging
the
data
network
to
the
full
for
horizontal
scaling,
I
mean
Philip
all
talk
to
you
and
all
day
about
that
potentially
is
going
to
work
and
that
enables
violence
like
liquid
linked
to
to
serve
as
other
chains.
C
Obviously,
some
of
the
applications
on
aetherium,
for
example,
a
couple
of
early
exploratory
chats
that
are
interested
in
the
principle
of
it.
Obviously
they
need
to
see
a
working
product
and
something
more
tangible
before
they
can
talk
further,
but
but
yeah
in
theory.
You
can
leverage
aspects
like
identity
in
theory,
but
I.
Don't
think
that
necessarily
is
quite
how
it
fits
I
think
it
is
best
to
look
at
the
warbly
compliance
as
a
service
as
being
an
enabler
for
any
kind
of
financial
related
market.
C
So
we
have
a
tokenize
real
estate
partner,
who
it's
just
just
about
to
be
announced,
actually
more
details
on
that.
That's
got
a
leverage,
Gentiles
munching
Network
as
its
backend,
and
so
logically,
they
need
compliance
as
a
service
as
well
for
their
own
client
base
because
of
the
nature
inherent
nature
of
the
way
the
real
estate
industry
is
regulated
and
it's
an
it's
an
investment
class
in
its
own
right.
C
So
again,
logically,
they
will
deploy
on
warbly
as
well
and
it
will
be
in
the
that
side
of
jin-tae
and
then,
if
you
get
back
to
the
the
likes
of
say,
utility
tokens
being
leased
and
traded
and
so
on,
they
can
take
place
on
multiple
other
chains
and
they
don't
need
necessarily
kyc
and
an
AML
in
place.
You.
B
C
A
C
I
think
it's
a
step
in
the
right
direction.
I
think
there's
Wyoming,
for
example,
there's
some
really
good
thought
leaders
in
the
regulators
with
blockchain
space
in
the
u.s.
who
are
not
getting
and
necessarily
being
lesson
C.
Quite
enough
at
this
stage.
What
you
you
really
have
is
an
ongoing
battle
between
you
know,
bet,
Hawks
and
or
whatever
the
equivalent
is
on
the
other
side
of
it.
C
With
regards
to
regulatory
oversight
of
cryptocurrency,
a
lot
lot
of
people
in
the
US
in
the
regulator
in
governance,
side
right
now
see
it
as
a
threat
rather
than
an
opportunity,
and
it's
it's
trying
to
ensure
that
they
gradually
understand
that
they're.
It's
actually
damaging
us,
the
US
long
term
to
not
participate.
You're
gonna
see
the
likes
of
China
and
Asia
continuing
to
pull
ahead.
C
If,
if
they
don't
enable
and
free
up
the
entrepreneurs
to
to
try
and
innovate
right
now,
a
lot
of
them
have
just
been
scared
or
you'd,
be
shocked
by
the
number
of
really
good
quality
experienced
u.s.
entrepreneurs
who
are
based
up,
for
example,
London
or
Hong
Kong
and
they're.
There
they've
been
literally
pushed
offshore,
so
they
can
do
what
they
want
to
do
and
and
get
on
with
it.
Yeah.
C
It's
why
it's
such
what?
Why,
ultimately,
that
we
we've
went
for
Singapore,
because
it's
a
really
welcoming
regime,
that's
open
minded
and
it's
not
gonna
sit
there
and-
and
you
know
it
understands
that
you
need
to
allow
innovation
to
to
try
and
flourish
and
not
just
squash
it
under
red
tape
and
unrealistic
ROC
rules
that
don't
apply
to
a
new
asset
class
which
in
some
ways
this
is
mm-hmm.
A
I
guess
we're
talking
tokens.
Let
me
reel
back
in
the
checks.
Let's
talk
checks,
token
token
economics
I
think
that
was
like
the
update
and
the
main
update
in
the
white
paper
that
was
released
in
January.
How
what's
the
text
tokens
utility?
What
can
you
use
it
for
and
how?
How
can
it
be
used
to
earn
a
passive
income?
Okay,.
B
So
there
are
several
ways
that
it
can
be
used
and
we're
always
adding
more
I'll
start
with
the
the
the
biggest
one.
So
you
have
to
imagine
right
now.
We
only
have
the
Boyd
market
live
on
the
main
net
for
leasing,
but
over
time
we'll
add
more
and
more
and
when
n
FTS
go
live
and
so
on
at
the
end
of
the
year,
you
can
foresee
at
some
point
in
the
future.
B
We
have
like
a
thousand
markets,
live
right
or
whatever
some
huge
number,
and
if
you
wanted
to
make
passive
income
on
those
leasing
markets
without
the
checks
token
you'd
have
to
look
at
them
all
assess
which
one
you
wanted
to
try
and
make
passive
income
with.
By
that
token,
lease
it
on
that
market
hope
that
the
price
of
that
tokens
stay
stable
or
goes
up,
but
not
go
down
at
the
end
of
the
lease
pair.
You
did
get
the
token
back,
it's
very
risky.
It
doesn't
really
make
a
lot
of
sense
to
do
this.
B
Well,
it's
in
while
it's
being
leased
in
this
way.
Now
that's
the
first
use
case,
which
is
it's
called
smart
matching,
there's
a
second
use
case
linked
to
the
merchants
network.
So
we
have
a
merchant
network
and
this
is
allowing
anybody
to
plug
into
our
order
management
system
and
they
can
earn
known
fees
for
doing
so.
If
you
want
to
be
a
part
of
the
imagine
network,
though,
you've
got
a
stake.
A
B
You'll
pay,
like
a
small
amount
of
checks
to
vent
the
amount
of
checks
you
need
in
order
to
run
your
merchants
right,
and
so,
if
you're,
a
checks
lender,
if
you
have
checks
in
you,
wanna
make
passive
income.
You
will
also
be
leashed
lending
it
on
on
that
market
as
well,
and
the
great
thing
is,
you
can
do
both
at
the
same
time,
so
you
can
smart,
match
your
checks
and
have
it
on
the
checks
lending
market
simultaneously
and
then
double
passive
income
from
it.
In
this
way.
B
These
are
the
first
two
use
cases
for
checks.
There
will
be
more
use
cases
coming
as
we
release
more
and
more
products,
and
we
have
this
attitude.
Basically,
whenever
we
have
an
idea
for
new
products,
we
sit
there
and
say
account:
can
we
find
a
good
utility
for
checks
in
this?
For
example,
we
also
use
it
in
the
automated
resource
management
system.
We
have
four
reduced
fees,
so
we
have
fees
on
that
on
that
on
the
AR
m,
and
if
you
pay
with
checks,
then
the
fees
are
halved
relative
to
us
for.
A
Example
so,
like
like
BMB
I,
think
that's
the
thing
most
yeah
like
it.
It
saves
money
by
using
the
native
currency
rather
than
buying
to
be
whatever
your
trading
would
get
raked
with
a
fee.
Cool
yeah,
so
I
think
the
value
here
so
I
think
a
lot
of
people
hear
about
these
rental
and
leasing
markets
and
I
always
hear
like
the
examples
of
like
oh
I
could
rent
a
sword
like
when
talking
about
NF
T's
I.
Don't
I,
don't
see
that
as
happening
super
soon.
A
C
Let's
say
that
links
to
the
size
and
activity
of
the
market
therefore,
is
in
how
much
it's
therefore
utilizing
the
underlying
LMS.
It
was
that
the
capacity
of
the
OMS
itself
you're
buying
capacity
in
the
same
way
you
buy
CPU
capacity,
Ani
else,
it's
it's
got
that
that
kind
of
parallel,
but
I
mean
the
merchant
network
ultimate
is,
is
about
decentralizing
the
entire
front
end
of
jin-tae,
so
other
businesses
can
now
set
up
their
own
exchange.
Regulated
exchange,
leasing,
markets.
A
Think
the
big
difference
with
these
rental
markets-
it's
just
like,
if
you
think
of
it,
like
real
estate,
the
difference
between
renting
and
buying.
So,
let's,
let's
hypothetically
say,
you
need
a
hundred
thousand
dollars
of
tokens
to
do
something,
whether
it's
the
merchants
network
or
what
and
then,
if
I,
had
the
option
to
lease
those
tokens.
Instead,
I
get
10%
interest
rates
instead
of
paying
a
hundred
thousand
dollars
up
front.
I
have
to
stake.
$100,000
worth
of
tokens.
A
C
A
year
or
something
right,
what
you're
doing
there
is
you're
saying
and
imagine
that
the
token
price
shoots
up
in
a
speculative
bubble
just
because
the
whole
markets
gone
crazy.
Suddenly
it
becomes
prohibitively
expensive
for
you
to
run
a
merchant
marketplace
because
checks
cost
of
14
or
you
realize
you
know
what
this
marketplace
is
great,
but
the
checks
that
I
am
holy
is
now
worth
40,
I'm
selling
that
and
how
I
go.
But
it's
far
better
decoupling
the
price
like
that
and
be
able
to
say
yeah.
This
is
your
ongoing
running
cost
and
you're.
A
I
think
it's
more
common
model.
You
go
out
to
any
business.
You
go
out
to
whatever
your
local
city
is
you
go
to
all
the
restaurants.
I
can
bet
less
than
10%
of
them,
probably
own.
The
real
estate
that
they're
operating
out
of
it
just
doesn't
make
sense.
You
don't
need
to
always
own
I,
guess
I.
So
that's
why
I
really
see
the
potential
here,
especially
I,
see
it
crystal
clear
for
DAP
Network,
because
we
see
the
utility
already
with
what
like
block
starts
doing
with
their
rental
market.
A
We've
seen
racks,
we've
seen
chin
tie
for
over
a
year
now.
So
that's
really
exciting.
I
want
to
get
back
you.
We
talked
about
IBC
it
a
little
bit
back
and
now
we're
talking
about
the
checks.
Token
and
we've
talked
about
deploying
different
pieces
of
checks
or
marketplaces
on
different
chains.
How
does
that
work
with
the
checks
token
being
used
on
multiple
chains?
How
is
it
currently
being
done
and
I
guess
it?
What's
the
long-term
plans
for
that?
Okay.
B
B
C
B
We
tend
yeah,
we
much
prefer
to
to
not
tell
anyone
anything
and
then
just
release
products
rather
than
tell
everyone
then
realize
that
something's
gone
wrong
and
it's
gonna
take
an
extra
month
to
finish
and
then
everyone's
saying
when's
it
coming
out.
No
much
rather
happy
surprises,
but
I
I
will
tell
you
about
this
at
some
point
in
the
future.
There's
not
yet.
We
need
to
think
about
it
a
little
bit
more,
but
it's
very
exciting
of
it.
If
it
works,
how
we
think
it
will
and.
B
B
A
A
C
But
if
you
think
about
it,
what
the
Liebherr
association
really
shows
is
that
if
any
of
the
existing
social
media
platforms
want
to
add
a
should,
we
say
a
token
element
that
has
a
monetary
component
to
it
internally,
they're
all
going
to
have
to
take
their
entire
user
base
and
force
them
to
go
through
kyc
ml
to
participate
in
that.
Otherwise
it
becomes
a
two-tier
system
of
you
know
one
if
you
want
to
monetize
you're
going
to
have
to
go
through
this.
C
C
I
think
they
were
better
off
just
saying
you
know,
let's
celebrate
the
one-year
anniversary
of
the
main
net,
maybe
announce
what
we've
got
coming.
They
probably
overcooked
it
a
bit
with
hindsight
and
they
probably
would
have
met
that,
but
that's
fine
that
they're
having
it
the
right
way
now,
with
a
more
with
a
soft
launch,
I
think
it's
a
good
way
to
do.
Yeah.
A
I'm
looking
forward
to
it
I
already
said
on
Twitter
I
want
to
do
like
real
focus
groups,
I,
hope,
block.
One
I
know
some
of
them
tune
in
so
I
hope
that
they
can
get
some
honest
feedback.
I'm
gonna
bring
some
really
great
minds
on
here
to
kind
of
really
pick
it
apart,
like
we're.
Really
not
gonna
be
nice
about
it,
but
I
think.
C
You're
right
to
do
that,
because
it's
actually
really
good
feedback
for
them.
Early
on
you
know,
I
mean
my
only
feedback
so
far
from
a
quick
look
through
the
token
token
omits
a
voice.
Is
it
doesn't
really
excite
me
at
the
moment,
but
I?
You
know,
I
I
did
say
to
somebody
else.
I.
Think
part
of
the
reason
for
that
is.
A
A
You
have
your
favorite
sites
that
you
like
to
go
on
the
paywalls,
an
easy,
great
way
to
spend
voice
tokens
and
the
the
new
CEO
of
voice
just
came
from
Forbes
and
Forbes
already
has
that
functionality
on
forbes.com
right
now,
where
you
could
pay
using
aetherium
tokens
to
get
through
that
pay,
wall
and
I.
Think
that's
a
genius
idea
and
I
would
be
mind
blown
if
that's
not
part
of
their
plan
for
just
one
small
piece
of
the
utility
of
the
token,
because
I
hate
pay
walls
I'll
do
everything
to
get
around
them.
C
A
C
C
You
want
to
make
your
political
points,
but
you
don't
necessarily
want
it
being
then
looked
up
by
your
employer
and
saying
oh
well,
you're,
you
know
in
especially
in
the
tribalism
of
the
US
is
an
outsider
coming
or
you're
a
Republican
I'm
a
Democrat
right,
I'm,
not
re
or
I'm
gonna
fire
you
because
I,
don't
like
you,
support,
Trump
or
something
right.
I
mean
it's
almost
you
know
at
that
kind
of
level.
C
We
want
I
hope
they
work
out
a
way
of
ensuring
that
you
can
actually
have
this
course
that
doesn't
get
shun
of
shutdown,
freedom
of
speech
in
one
element
via
the
nature
of
social
pressure.
Maybe
that
just
requires
people
to
be
a
hell
of
a
lot
more
open-minded
and
accepting
a
diversity
of
opinion.
So.
B
Like
this
I
assume
this
argument,
a
lot
and
I
see
it
kind
of
as
a
bit
of
what
about
a
V
right
now,
because
it
it
really
depends
on
what
you
think
voice
is
right
and
like.
If
voice
was
trying
to
be
the
platform
where
you
can
say
whatever
you
want,
then
you
don't
need
it,
because
we've
got
Twitter
for
that,
and
people
do
that
on
Twitter.
B
So
I,
don't
I,
don't
see
it
as
like
comparable
in
that
sense
now,
maybe
they'll.
Let
expand
it
at
some
point
too,
because
of
there's
also
I
seen
people
on
talking
on
Twitter
about,
like
you
know
what
about
people
who
want
to
use
something
like
voice
in
countries
where
you
know
it's
completely
against
the
rules
to
talk
about
certain
topics
right
and
where
censorship
is
rife
and
and
so
on,
like
well,
fine
voice
isn't
for
these
use
cases
yet
right
for
now,
it's
a
place
to
talk.
I
mean.
A
Think
about
it,
the
countries
like
Saudi
Arabia,
where
they're
like
killing
people
outside
of
their
own
country
for
social
discourse
in
in
Turkey
last
year.
You
have
this.
They
already
use
social
media
to
kind
of
like
identify
that
stuff
and
they'll
put
people
in
jail
in
certain
countries
and
like
the
Middle
East
for
for
that
kind
of
thing,
that's
using
Twitter,
which
or
Facebook
or
whatever
their
montt,
everything
they're
monitoring
and
that's
not
even
like
a
perfect
ID
match,
whereas
on
voice
it's
like
or
a
voice
like
platform.
It's,
like
you
know,
a
hundred
percent.
A
B
A
Serving
a
very
specific
use
case,
and
if
everything
goes
well,
it
seems
like,
though,
open-source
the
code
eventually
and
you'll
be
able
to
run
your
own
version
of
voice
that
doesn't
have
the
KYC.
For
example,
you
could
have
your
own
social
network
if
you
want
to
have
something
with
different
rules
or
governance.
A
So
I
think
that's
something
to
keep
in
mind
because
I'm,
seeing
a
lot
of
people
and
on
Twitter
in
ES
community
saying
like
they're,
not
gonna,
sign
for
voice,
they
think
it
sucks,
but
that's
because
they
must
they
don't
fit
in
the
niche
that
it's
made
for
it.
It's
it's.
It's
made
for
a
very
specific
use
case
of
identified
like
social
speech
and.
C
But
you
know
what
that
that's
an
interesting
one,
which
is
it's
that
in
one
sense,
is
one
element
of
its
USP,
but
the
big
question
is
gonna,
be
how
do
they
get
that
critical
mass
of
users
to
sign
up
and
encourage
others
to
sign
up
so
I
think
they
need
to
work
out
their
plan
on
gain
defying
this
thing
and
making
it
really
fun.
That's
important.
A
C
C
Mean
they
got
a
lot
of
bright
people,
so
I'm
sure
they've
thought
this
through
I
hope.
But
it's
important
I
mean
you
look
the
only
chief
social
media
networks
to
break
in
through
you
know
in
the
last
five
years,
it's
snap!
Well,
it's
just
slightly
over
snapchat
and
tick-tock
and
the
reason
is
they
were
totally
different
from
anything
around
them
and
they
were
deemed
fun
by
the
very
young
user
base
that
adopted
them
and
drove
them
much
of
critical
mass
mm-hmm.
A
I
mean
it's
definitely
gonna.
Take
the
influencers.
I
mean
a
company.
The
size
of
Google
failed
at
this,
like,
let's
not
forget
your
Google
Plus.
Everyone
like
we
all,
had
an
account.
If
you
have
a
gmail
account,
you
probably
had
a
Google+
account,
but
you
probably
didn't
use
it,
but
what
people
don't
realize
is.
It
was
actually.
B
A
A
Zane
from
his
radio
is
gonna
nice
beard,
I,
just
I
I,
don't
even
know
what
kind
of
beard
I
could
even
grow,
because
I
get
yelled
at
once,
I
start
getting
scruffy
and
then
it
also
in
the
chat
Ryan
said:
it'll
give
us
it's
talking
about
voice
Ryan
from
from
Shin
ty
it'll.
Give
us
a
sense
of
a
roadmap
for
how
you
can
deploy
a
large-scale
dap
on
ES
io,
as
well
as
a
technician
yourself.
Phil.
Is
this
something
that
you're
really
looking
forward
to
is
just
seeing
like
what
like.
B
I'm
I'm
quite
curious
to
see
how
how
block
one
have
built
this.
It
would
be
great
if
they,
if
they
do
open
source
it
just
to
see
what
their
best
practices
aren't
stuff
because
so
far
you
don't
we've
not
really
seen
anything
like
that
from
anybody
right
like
I,
don't
know
what
the
biggest
app
is
on
on
yes,
but
they're
all
made
by
startups.
So
far
right.
A
C
Well,
the
question
is,
you
know,
and
they
must
have
been
looking
at
the
congestion
on
the
network
with
with
I
wouldn't
say,
horror,
but
as
a
useful
lesson
for
them
without
being
over
dependent
on
any
single
chain,
as
a
single
point
of
failure
in
effects
of
their
architecture.
So
I'm
gonna
be
really
curious
how
they
structure
this.
You
know
they
were
talking
about
leveraging
multiple
chains,
so
I
seem
they're,
gonna
spin
some
up
themselves
and
it
won't
interact
as
a
backup
for
another.
C
A
I
need
someone
that
could
translate
that
to
English
for
me,
but
I
see.
This
is
super
useful
of
this,
like
big
massive
use
case
of
where
you
could
use
the
blockchain.
Yes,
are
you
in
particular
I
know
it's
gonna
be
like
thousands
of
people
at
first,
but
eventually
I
think
it's
safe
to
say
that
if
I
don't
know,
I
don't
want
to
throw
out
speculation.
A
A
So
just
the
end
of
this
year,
III
guess
I,
don't
know
if
they'll
be
out
of
beta
I'm,
hoping
that
es
IO
3
will
come
out
whatever
the
equivalent
of
B
1
June
is
they
haven't,
announced
anything
yet,
but
they
announced
B
1
June
last
year
right
around
this
same
time,
I
think
it
was
March.
Actually
they
started,
saying
like
June
is
coming.
June
is
coming
like
they
started,
like
the
noise.
A
So
I
mean
it
doesn't
take
much
for
that
to
kick
back
up,
especially
with
the
markets
acting
the
way
they
are
right
now,
like
their
timing,
is
impeccable
man.
They
exited
during
the
bull
run
at
the
top,
also
doll
that
aetherium
and
now
they're
they're
launching
voice
right,
as
things
are
starting
to
pick
up
some
steam,
which
means
it's
gonna
crash
tomorrow,
nothing.
So
this
is
I.
C
This
is
a
big
one,
I'm
sure
they
gained
they
factored
in
is
they
can't
rely
on
the
crypto
community,
most
of
them
less
than
hate
blah
blah?
They
hate
their
tribal.
You
know
ryan
told
me
today
he
posted
some
stuff
on
the
Tasos
and
from
communities
just
a
lot
on,
though,
that
Schwindt
I
could
help
them
with
some
cross
chain.
Services
go
in
stab
and
yep,
but
for
posting
is
saying,
here's
an
app
that
can
help
your
applications,
and
you
know
we
need
to
move
beyond
this.
C
So
I
think
that
really
illustrates
something
for
me,
which
is
being
brutally
honest.
A
lot
of
the
rest
of
that
crypto
community
you're,
going
to
see,
is
deeply
uncool
right
because
on
principle,
because
it's
based
on
EOS
so
you're
looking
at
the
existing
s
community,
it's
not
very
big,
and
so,
if
you
take
that
user
bases
not
be,
they
have
to
link,
will
I'm
sure
have
an
onboarding
strategy.
That's
going
to
be
looking
wavy
or
cryptic.
It's.
B
C
A
Their
life
like,
if
we
did
a
mass
rollout
marketing
plan
for
iOS
right
now,
could
you
imagine
the
shitshow,
especially
with
all
the
micro
four
weeks
in
stuff,
going
on
right
now,
creating
the
accounts
that
that
brings
a
good
point.
The
user
onboarding,
that's
gonna,
be
probably
the
most
important
part
of
this
voice.
Beta
is
my
sign-up
process.
Do
I
have
to
manage
a
key
I
hope
not
like
what
what's
that
flow
like
to
onboard
into
this
app?
A
How
much
do
I
know
about
the
blockchain
and
in
the
back
of
my
mind,
could
my
grandma
do
this?
If
I
handed
her
the
phone
and
I
needed
her
to
sign
up
instead
of
me
and
without
me
in
her
ear
telling
her
what
to
do?
Could
she
do
it
herself
if
they
could
pull
that
off
I'm
very
bullish
on
voices
success
in
comparison
to
everything
else,
we've
seen
up
until
now,
I
would.
A
I
like
to
give
them
benefited
out,
I
think
that
that
is
the
case,
but
let's
roll
this
back
in
the
shinty
we're
talking
about
get
into
regulated
markets
with
your
with
your
license
in
Singapore.
How
do
you
guys
on
board
the
the
like
traditional
finance
guy
that
doesn't
know
about
blockchain
doesn't
even
care
about
blockchain.
He
wants
the
extra
layer
of
security,
maybe,
and
maybe
the
lower
fees
and
the
extra
features
and
bells
and
whistles.
But
how
do
you
onboard
them
in
right
now,
like?
What's
your
plans
to
make
that
as
simple
as
possible?
Well,.
C
I
mean
that
great
question,
one
one
big
one
there
is
that
well,
it
depends
if
you're
looking
at
it
from
the
point
of
view
of
getting
them
involved
and
receptive
to
utilizing
us
or
whether
you
mean
a
more
technical
level
like
so
an
equivalent
of
what
we've
just
been
talking
about
onboarding
in
the
way
of
avoiding
any
voices
so
which
one
are
you
thinking,
industry,
participation
or
or
like
the
onboarding
experience.
I.
A
C
Our
businesses
and
professionals
so,
and
that's
that's
quite
fundamental.
So
as
an
industry,
the
finance
industry
is
very
technical.
Yeah
I
mean
it's,
it's
used
to
embracing
continuous
innovation
and
it's
used
to
heavily
invest
in
tech.
So
on
that
basis,
that's
one
of
the
reasons
as
a
sector,
it's
probably
invested
more
in
blockchain
so
far
than
any
other,
because
they
can
see
the
benefits
so
I
think
there's
there's
not
a
problem
there
with
them
being
receptive
to
it.
It's
about
that.
C
So
it's
it's
going
to
be
getting
them
to
that
point
of
being
receptive
outside
of
that,
they
really
work
with
what
you're,
referring
to
almost
is
business
development
strategy
right,
which
is
what
is
your
client
acquisition
strategy?
Yes,
how
do
you
get
them
on
board?
You
know
why
should
they
be
involved?
Have
you
sell
them
on
that
and
there's
a
few
few
things
on
that
one
is:
we've
got
a
compelling
case
because
they
can
save
a
lot
of
money
and
efficiency
gains.
C
It's
going
to
be
very
low,
cost
and
easy
for
them
to
become
active
participants
on
a
test
net
and
stop
participating
in
the
early
markets
and
do
some
some
testing.
So
it's
it's
we're
gonna
make
it
as
a
low-cost
benefit
for
them
as
possible,
so
they
can.
They
really
have
to
find
reasons
not
to
get
involved.
C
We're
gonna
also
make
sure
in
the
in
the
approaches
to
they
understand
the
effectively
inherent
risks
of
not
participating
in
disruptive
technology,
and
we
most
of
them
get
it,
but
also
the
nature
of
the
types
of
people
will
be
approaching.
Challenge
of
banks.
Bond
houses.
Bond
restructure
is
that
they
are
the
sort
of
smaller
players,
primarily
are
going
to
be
the
uptake
first
because
they
have
the
most
to
gain,
whereas
the
really
big
players
in
these
sorts
of
markets,
they
they're
the
ones
that,
in
theory,
are
in
a
cozy
position
already
and
have
no.
C
They
have
less
of
incentives.
So,
but
that's
certainly
one
aspect
of
how
this
is
all
going
to
flow
and
flow
together,
yeah
and
and
in
terms
of
just
the
general
onboarding
of
users.
Well,
that's
that's
a
slightly
different
one
that
I
don't
know.
If
you
want
to
talk
about
Phillip
or
not,
but
I
mean
it's,
it's
something
the
game,
we're
gonna
it
links
into
amazing
capital
and
and
the
compliance
is
a
service.
So
I
can
say
that
having
talked
to
them,
the
single
biggest
priority
is
to
massively
streamline
the
onboarding
process.
C
So
it's
extremely
quick
and
efficient
and
easy.
You
know
versus
what
even
what's
currently
there
so
the
existing
Warby
portal
gonna
be
completely
upgraded.
The
onboarding
experience
is
going
to
be
as
rapid
and
seamless
as
possible
and
don't
forget,
of
course,
they
themselves
are
an
institutional
company
bringing
in
their
own
institutional
clients
and
accredited
investors
onto
this.
C
So
that's
a
useful
one
for
us
because,
assuming
we
end
up
working
with
them
quite
closely
in
different
aspects
of
our
services
and
what
they're
doing
that's,
gonna,
bring
and
drive
commercial
business
our
way
as
well,
inherently
of
that.
So
so
we're
we're
feeling
pretty
pretty
bullish
about
our
chances
of
of
gaining
critical
mass
talking
of
market
launches
right
same
as
voice
we're
feeling
pretty
bullish
and
tell
me
about
how
we
approach
this
and
we're
also
talking
to
local
resources
on
the
grounds
and
make
a
hire
who's.
A
C
A
Guy,
an
Asian
finance
guy
that
knows
the
markets
and
the
financial
markets
of
Asia.
Look
at
looking
forward
to
that.
You
we
keep
talking
about
the
marketplaces
and
the
market
network.
Are
the
merchant
network?
Is
the
merchant
network
almost
like
a
franchise,
almost
like
a
white
labeled
version
of
what
you
already
have
built
sort.
C
Of
like
franchising,
if
you
think
about
what
that
is,
you're
taking
on
a
specific
brand
and
you're,
also
taking
on
a
specific
set
of
rules
about
how
you
operate
so
a
certain
degree
standards
like
a
McDonald's
say
what
what
you
can
do
here
is.
Yes,
you
can
just
do
something
as
simple
as
an
embed,
our
existing
UI
into
into
your
site
and
get
get
a
smaller
cuts
of
fees.
C
C
That's
that's
a
completely
separate
business,
just
leveraging
the
underlying
OMS
and
the
market,
making
capabilities
all
that
to
base
the
the
business
off
and
it
has
a
range
of
advantages,
because,
if
anything
else,
you
need
your
primary
focus
as
a
dev
team
is
you
can
cut
out
probably
nine
twelve
months
of
dev
time
and
all
the
associated
expense?
You
also.
You
also
only
have
to
focus
primarily
then,
on
the
front
end
devs,
as
opposed
to
needing
geeky
people
like
fellow.
We.
B
B
Can
give
you
a
simple
example
of
a
good
use
case
fired
right,
so
yeah
the
DSPs
right
now
for
the
DAP
mark
that
and
if
you
wanted
to
use
one
of
these
DSPs
and
you
go
to
their
website
to
check
them
out,
they
could
have
a
simple
widget
on
there.
That
says,
like
these
are
our
packages.
These
are
the
cost
of
our
packages.
If
you
want
to
have
this
states
right
now,
click
on
the
click
button
and
I
will
tell
you
the
market
price
right
now.
B
In
the
background,
it's
using
the
shin
tie
me
Singh
engine,
but
no
one
needs
to
know
that
ride
and
it
says
hey.
If
you
pay
10
dot,
we
will
stake
100
files,
you
know,
I,
know
a
thousand,
that's
your
account
for
one
month
or
whatever
right
and
you
don't
have
to
know
that
shinta
is
involved
in
that
whatsoever
and
the
DSP
at
stake
to
them
and
they'll
also
make
a
fee
on
on
the
on
the
fact
that
they
have
their
own
UI,
which
is
plugged
into
our
network.
We.
A
C
A
B
C
Ultimately,
yes,
it's
like
a
smaller
and
ever
smaller
proportion.
If
these
go
back
to
the
underlying
down
to
the
base,
which
is
sentai
itself
and
merchants
can
set
their
own
fees
too.
So
they're
going
to
be
in
continuous
competition
in
theory,
if,
if
they
get
too
greedy,
they're
gonna
find
they
have
a
competition
that
rapidly
sets
up
and
says
right
well,
will
deploy
a
similar
market
here
and
pay
half
of
these,
and
that's
what
you
want.
C
You
want
healthy
competition
to
to
enable
then
really
what
the
differentiations
become
quality
of
service,
the
the
front
end
and
so
on
and
so
forth,
but
yeah.
It
all
looks
back
to
two
checks
to
mind:
inherent
checks,
demand
and
retirement
from
supply,
and
then
some
reintroduction
back
related
to
liquidity,
services
and
the
network
and
so
on.
But
we
can
bore
on
about
that
all
day.
A
So
with
with
all
these
merchant
networks,
as
they
start
popping
up,
I
think
one
thing
we
didn't
hit
on
is
mint
and
that
allows
you
to
create
your
own
token
issuances
that
that's
so
easy
you
don't
have
to
do
any
of
the
complicated
code
stuff
that
Phil
probably
does
in
the
background
here
house
mint
work,
what's
it
and
what
are
some
potential
use
cases
for
it,
and
how
do
you
tie
that
into
these
merchant
networks?
We've
been
talking
about.
B
So
the
mint,
the
mint
service
is
kind
of
like
a
bespoke
token
issuance
service
right
and
it
kind
of
depends
very
much
on
the
people
who
would
like
to
do
a
token
issuance
what
their
requirements
and
needs
are.
We
talk
to
them
on
an
individual
basis
and
I
can
give
two
examples
without
naming
names.
So
someone
can
comes
to
us
and
says
we.
We
have
real
estate,
we
want
to.
B
We
want
to
tokenize
it
so,
but
but
we
want
you
guys
to
do
the
the
technical
side,
so
we
would
create
the
correct
and
appropriate
token
contract
for
them.
We
would
set
up
an
ICO
format
or
an
auction
format.
Token
sale.
The
auction
format
is
what
we
use
for
for
the
checks,
token,
that
was
running
all
of
last
year,
and
everyone
knows
the
standard,
ICO
format.
You
know
pay
$10,
get
X
mini
tokens
kind
of
thing
and
like
they
would
pick
what
kind
of
of
token
issuance
format
they
would
want.
B
In
this
sense,
we
would
set
up
the
website
for
them.
We
would
set
up
the
smart
contract
for
them.
We
would
get
this.
We
can
get
this
done
pretty
quickly.
As
long
as
there's
no
special
requirements
that
you
know
that
have
to
be
in
place
and
at
the
time
of
their
choosing,
we
can
activate
it
and
if
they
go
and
they
can
start
raising
their
funds,
the
idea
is
to
save
them
on
all
the
technical
costs
that
come
associated
with
this.
A
C
Amazing
stem
cells
are
actually
bringing
multiple
deals
on
as
well
again,
they
haven't
gone
into
specifics
with
me
and
I
wouldn't
be
all
the
doubles
in
any
way
and
then
outside
that
we've
had
a
lot
of
interesting
contact
from
companies
and
most
of
them
as
far
as
I'm
aware,
they
definitely
want
to
go
ahead.
What
they've
realized
is
that
there's
a
lot
more
to
doing
a
raise
than
just
doing
a
raise
you
actually
have
to
you
know,
have
a
really
good
token.
Mcmorrow
finished
finalized
legally
assessed
to
decide
if
it's
a
utility
or
security.
C
You
need
to
think
about
the
marketing
aspect
of
this
and
and
white.
Give
people
reasons
why
and-
and
you
know,
once
they
once
you
have-
that
kind
of
side
of
the
things
pointed
out
to
them.
They've
usually
gone.
This
is
awesome.
We
realize
we
probably
got
about
four
months
of
work
to
do
yet
before
we're
ready,
and
so
that's
typically,
what's
happened.
C
We've
we've
had
some
really
positive
conversations
and
they've
had
to
go
in
and
just
go
off
and
get
themselves
ready,
so
we're
we're
expecting
a
good,
healthy
pipeline
and
I
think
this
is
also
going
to
feed
off
itself.
As
once
the
initial
ones
go
live
it's
it's
probably
gonna
be
a
you
know,
a
snowball
effect
somewhat
off
the
back
of
our.
A
I
thought
I
covered
everything
earlier,
so
he
went
on
that
voice
tangent
for
like
ten
minutes,
but
we
didn't
talk
about
the
automated
resource
management,
and
this
is
something
I
actually
I
legitimately
want
to
know
more
about
it
anyway.
So
I
guess
just
give
me
the
overview
of
it
like
what
is
arm
2.0.
All.
B
Right
so
compared
to
the
original
automated
resource
management,
the
new
one
is
significantly
improved.
It's
in
final
testing
phase
right
now,
we're
just
finishing
the
website
side
of
it.
The
smart
contract
side
is
finished
already,
and
the
difference
between
this
erm,
erm
and
erm
one
is
primarily
related
to
the
fact
that
now
we
have
this
upgrade
on
yo
se
o,
which
lets
the
you
know
the
bill
first
officer
upgrade
so
now,
adapt
can
choose
to
pay
for
the
users,
whereas
before
users
always
had
to
pay
for
themselves.
B
So
what
this
means
for
the
AR
em
is
that
from
now
on,
we
anticipate
it's
only
going
to
be
used
by
apps,
who
will
be
paying
for
their
users
and
want
to
make
sure
that
in
every
one
have
resources
to
do
so
and
also
it
will
be
used
by
potentially
users
of
the
blockchain.
Who
are
it
just
heavy
users
in
general,
and
you
know,
do
lots
of
transfers
or
you
know,
BOTS
making
or
whatever
you
know
them.
A
B
B
And
and
the
way
that
that
works
is
you
tell
us
the
name
of
your
of
your
smart
contract
or
the
account
which
is
going
to
be
paying
for
CPU
right?
So,
let's
say
shinty
lease
is
paying
for
CPU
of
its
customers,
which
we
will
be
doing
so
we
all
add
shinty
lease
to
the
erm
system
and
you
set
limits
on
the
the
CPU,
so
I
might
say.
For
example,
if
we
fall
below
50
milliseconds
of
CPU
available
right
now,
then
increase
it
to
500
milliseconds
of
CPU,
and
this
will
be
automated
in
the
background
block-by-block.
B
Every
every
time
every
block
that
comes
in
will
check
what
the
CPU
usage
in
that
moment
is
and
viola,
and
if
they,
for
example,
let's
say
e
I
dos
suddenly
gets
in
the
second
wind
and
we
have
like
massive
congestion
on
the
network
and
we
go
and
and
sentai
goes
from,
you
know:
60%
CP
usage
to
5,000
%,
CPU
usage
immediately
right
from
one
block
to
the
next
well,
in
that
block,
fine
we'll
be
out
of
action.
The
very
next
block
we'll
be
back
in
action.
B
A
B
Now
it's
automatically
the
VEX,
because
the
eos
markets
aren't
live.
That
will
be
something
we
add
in
so
in
the
future.
There'll
be
that
there
will
be
additional
features,
such
as,
for
example,
you
can
set
up
a
limit
on
how
much
you're
willing
to
pay.
You
know
in
interest
of
X
and
obviously
it
will
automatically
pick
the
cheaper
market.
Yes,
the
Rex
ocean
tide,
depending
on
where
you
are,
and
obviously
on
some
chains,
there
is
no
Rex,
so
it
will
only
be
using
the
shin
time
market
on,
for
example,
wax
where
there
is
no
Rex.
A
I'm
excited
for
that
way,
I'm
really
excited
for
wax
one,
because
I
had
great
conversation
with
William
Quigley
a
couple
weeks
ago,
the
man
has
been
there
done
that
done.
Everything
and
also
I,
know
I
I.
Think
the
N
of
T
leasing,
marketplaces
is
further
out
than
a
lot
of
people
would
like
it
to
be
like
the
leasing
of
swords.
The
example
everyone
gives.
But
if
anyone
could
do
it,
I
would
say
it's
going
to
happen
on
the
wax
chain
because
they
come
from
op.
A
Skin's
they've
lived
this
and
breathed
this
for
years
and
they
they've
obviously
got
experience
working
with
these
digital
items
that
have
insane
valuations
like.
How
do
you
use
an
item
that
has
like
a
50,000
dollar
price
tag
on
it
like
it's
like
unreasonable
for
most
people,
so
so
I
could
see
something.
There
we've
been
going
like
an
hour
now,
I'm
rambling,
we
I
think
we
talked
about
everything
to
come
in
2020,
but
that's
usually
how
I
finish
is
like
what
could
everyone
look
forward
to
I
know?
We
talked
about
it
already
once,
but
maybe
like.
A
C
C
A
Speaking
of
bonds,
I
guess
this
is
yes
podcast,
you
guys
new
year's
project.
Dan
Larimer
is
yes
guy,
yes,
I
owe
a
guy,
I
guess
will
say
he
had
the
governance
proposal
with
the
bond
markets
where
they
had
the
different
voting
buckets
of
like
three
months
all
the
way
up
to
ten
year.
Lockup
periods
of
your
Yas
tokens,
if
that
were
to
get
implemented,
because
that
that
had
me
really
excited
I
would
definitely
put
a
certain
percentage
of
my
tokens
in
a
ten-year
lockup.
A
Is
that
something
that
eventually,
since
it's
so
hard
to
talk
about,
because
this
doesn't
even
exist
yet
there's
probably
not
even
a
single
line
of
code?
But
could
you
see
bond
swaps
if
a
marketplace
like
that
originated?
Like
you
have
a
ten-year
lockup
of
Eos?
How
would
you
even
swap
that
position?
Would
you
have
to
like
swap
the
entire
account.
C
What
you
do
is
you'd
have
to
move
it
to
a
custodian
account
before
you,
you've
staked
it,
so
that
was
under
the
control
of
whoever
could
do
the
swap,
because
otherwise,
there's
no
guarantee
that
the
underlying
account
would
ever
return
it
so
but
been
theory,
it's
doable
as
a
service
that
could
be
launched
off
it.
I
mean
I.
Think
it's
more
interesting
just
to
discuss
it
as
a
governance
model,
because.
A
C
C
I
just
would
like
to
see
some
clearer
direction
with
all
of
this.
You
know
I'd
like
to
see
some
sort
of
foundation
that
actually
helps
drive
this
forwards
and
helps
the
community
on
decision
making
I'd
like
to
see
a
worker
proposal
fund
active
and
utilizing
this
huge
huge
market
cap
token
to
invest
back
into
the
chain,
because
what
you're
seeing
right
now,
for
example,
with
Tesla
thought
to
be
a
wake
up
community
to
the
Eels
community,
which
is
the
reason
its
market
cap
is
skyrocketing.
C
Relative
to
us
right
now
is
they've
just
about
it's
a
it's
a
billion
dollar
sto
about
to
take
place
on
virgin.
Well,
why
is
that
happening
and
not
on
EOS
great
question
right
I
mean
Tesla
was
a
mess
around
the
time
that
he
else
was
getting
on
and
being
efficiently
built.
It
was
behind
on
everything
and
if
you
could
argue
it's
now
in
some
ways,
it's
been
more
effectively
run
as
a
chain
as
a
community.
In
terms
of
their
governments
and
direction
and
leadership,
I
think
that
should
be
the
wake-up
call.
A
C
A
Right,
I,
don't
know
how
long
we've
been
going.
It's
definitely
been
over
an
hour,
so
I
think
it's
a
nice
place
to
sign
off
I
think
we
dug
into
some
things
that
haven't
been
previously
discussed.
That's
why
I
said
I
watched
the
Phil
interview.
I
always
try
to
watch
the
most
recent
interview
that
a
project
did
before.
I
have
them
on
that
way,
we're
not
being
too
redundant.
Even
though
all
of
these
topics
are
super
interesting,
is
there
anything
else
we
missed
today,
I.
A
B
A
Man
all
right,
I'm,
not
even
gonna,
put
you
guys
through
it
we're
gonna
end.
This
we're
gonna,
do
a
go
es
on
three
all
right,
so
yeah,
that's
how
we
end
these
shows
all
right,
we'll
go
through.
So
alright,
guys
I'm
here
with
shinty
I'm
here
with
Phil
I'm
here
with
David
I'm
Zach
go.
This
is
everything.
Yes,
this
is
a
terrible
clothes
and
then
we
do
a
one.
Two
three
go.