2023年クリプト・web3最大の注目プロジェクトSui!そのインフラ構築を行うMysten LabsのCEO Evan Chengインタビュー!

仮想通貨チャンネル
24 Apr 202326:32

Summary

TLDRIn this interview, Evan Cheng, the tech entrepreneur behind Sui, discusses his journey from Apple and Meta to founding Mysten Labs. He outlines Sui's mission to create internet infrastructure that empowers developers and consumers, contrasting it with existing blockchain models. Cheng emphasizes the importance of building a community and ecosystem that prioritizes real-world applications and consumer benefits, highlighting upcoming projects in gaming, finance, and social products that leverage Sui's unique design.

Takeaways

  • 😀 Evan, the tech business veteran with 26 years of experience, is the founder of Mysten Labs and has a mission to build infrastructure for the internet.
  • 🌟 Evan's career includes 10 years at Apple and 6.5 years at Meta, where he focused on solving complex technical and product problems.
  • 🚀 Mysten Labs' first project, Sui, aims to solve the 'ownership layer problem' for the internet, offering a different approach from existing blockchains.
  • 🔍 Sui is designed to be a public blockchain that is open and decentralized, with efforts being made to establish the Sui Foundation to support the community.
  • 💡 Evan's interest in crypto was sparked by the potential he saw in blockchain to address centralization issues in the internet, empowering developers and consumers.
  • 🏦 Centralization in the internet is problematic as it leads to big companies controlling distribution and profit, squeezing out smaller creators and businesses.
  • 🛠 The goal of Sui is to enable developers to create new types of products that benefit consumers by facilitating direct relationships and cutting out middlemen.
  • 🌐 Evan emphasizes that Sui's approach is different from other blockchains, even though they use the same programming language, Move, which was designed to be cross-platform.
  • 🤝 Mysten Labs is engaging with brands and companies across various sectors to build trust and showcase the potential of Sui for real-world applications.
  • 🌍 Evan sees Japan as a unique market with a culture of thoughtfulness and sophistication, which aligns well with the careful and innovative approach of Sui.
  • 🔮 Upcoming developments for Sui include a vibrant gaming ecosystem, DeFi innovations, and unique consumer products that leverage the platform's design to solve real problems.

Q & A

  • What is the background of Evan and what led him to the blockchain and crypto space?

    -Evan has been in the tech and business industry for 26 years, with a focus on solving complex technical and product problems. He spent 10 years at Apple and 6.5 years at Meta. His interest in blockchain and crypto was sparked around 2016-2018, leading him to work on the Libra/Diem project at Facebook before eventually co-founding Mysten Labs.

  • What is the mission of Mysten Labs and what problem are they trying to solve?

    -Mysten Labs aims to build infrastructure that could become the fabric of the internet. Their first project, Sui, is focused on solving the ownership layer problem for the internet, offering a different approach from existing blockchains.

  • What is the relationship between Mysten Labs and the Sui Foundation?

    -Mysten Labs is developing the Sui blockchain, while the Sui Foundation, a separate organization, is focused on growing and supporting the community. Evan is the only personnel overlap between the two entities, serving at the board level.

  • Why did Evan and his co-founders decide to leave Meta to start Mysten Labs?

    -Evan and his co-founders left Meta because they wanted to build something significant in the blockchain space and believed they could do it better outside the constraints of a large corporation.

  • What is unique about Sui compared to other blockchains in the market today?

    -Sui is designed to be very different from existing blockchains, with a unique programming model, data model, and approach to tokenization that aims to be more efficient and suitable for a wide range of applications.

  • How does Evan view the current state of the internet and its centralization?

    -Evan sees the centralization of the internet as a significant problem, with large platforms controlling distribution and profit, leading to a lack of transparency and fairness for content creators and consumers.

  • What is the potential impact of Sui on the gaming industry according to Evan?

    -Sui could enable gaming companies to engage with customers in new ways, ensuring that their efforts are not wasted and allowing them to retain loyalty beyond individual games.

  • How does Evan perceive the role of blockchain in commerce and finance?

    -Evan believes that blockchain can offer a more efficient and flexible approach to commerce and finance by cutting out middlemen and replacing them with trusted code.

  • What is Evan's perspective on the importance of building products for the mass market in the blockchain space?

    -Evan emphasizes the need for developers to think beyond building products for existing enthusiasts in the space, to create products that can be adopted by the mass market and solve real consumer problems.

  • What are some of the upcoming developments in the Sui ecosystem that Evan is excited about?

    -Evan is excited about the development of a vibrant gaming ecosystem, innovative commerce products, and unique designs that leverage the unique capabilities of Sui, aiming to solve real problems for both developers and consumers.

  • What message does Evan have for the audience interested in Mysten Labs and Sui?

    -Evan encourages the audience to look deeper into the technology and consider building products for the mass market, emphasizing the importance of solving real problems and not just catering to those already in the blockchain space.

Outlines

00:00

😀 Introduction to Evan and Sui's Mission

Evan introduces himself as a tech and business professional with 26 years of experience, including tenures at Apple and Meta. He expresses his interest in solving complex problems and his journey into the blockchain space after discovering crypto. The mission of Sui, a project initiated by Evan and his co-founders, is to build internet infrastructure with a focus on solving the ownership layer problem. Sui aims to be different from existing blockchains, with a public blockchain that is decentralized and not controlled by any single entity. The Sui Foundation is established to support and grow the community around the Sui ecosystem.

05:01

🤔 Centralization Issues in the Internet and Sui's Role

Evan discusses the centralization problem in the current internet landscape, where large companies control distribution and profit, leaving little transparency or earnings for content creators. He highlights the impact of platform policies on businesses and consumers, using examples like Apple's App Store policies affecting companies like Epic Games. Sui's goal is to empower developers to create a more coordinated internet, replacing middlemen with trusted code, thus facilitating transactions between creators and consumers directly.

10:01

🛠️ Sui's Technical Philosophy and Differentiation

Evan explains Sui's technical approach, emphasizing the differences between Sui and other blockchains, despite similarities in programming language. He criticizes the general architecture of blockchain, including data models and token primitives, as not making sense for efficient storage and development. Sui is being built from the ground up with a different programming model and use of the Move language, designed to be cross-platform and support the unique vision of Sui.

15:03

🎯 Sui's Vision and Impact on Various Industries

The conversation turns to Sui's vision for impacting various industries like gaming, commerce, and finance. Evan outlines how Sui can enable new types of products beneficial to consumers and developers by facilitating direct relationships and cutting out middlemen. He stresses the importance of showcasing Sui's capabilities through innovative products that can demonstrate its value to a broader audience.

20:03

🌏 Evan's Visit to Tokyo and Sui's Global Outreach

Evan shares his reasons for visiting Tokyo, highlighting the opportunity to meet with brands and companies interested in Sui. He discusses the importance of building relationships and trust with potential partners and the role of the Sui Foundation in supporting the growth of the ecosystem. Evan also touches on the uniqueness of the Japanese market and its potential for embracing Sui's technology, considering the cultural and business environment.

25:06

🚀 Sui's Upcoming Developments and Message to the Community

Evan anticipates a vibrant gaming ecosystem and the development of innovative financial products on Sui. He emphasizes the importance of building consumer-oriented products and providing developers with the tools to create without worrying about the complexities of smart contract development. Evan encourages the community to look deeper into Sui's technology and to think beyond building products only for the existing crypto audience, aiming for broader market appeal.

🙏 Closing Remarks and Thanks

The conversation concludes with thanks and well-wishes for Evan's work on Sui and the upcoming launch of the ecosystem. There is an expression of hope for future meetings and collaborations.

Mindmap

Keywords

💡Evan

Evan is the individual being interviewed in the video. He is a tech entrepreneur with a rich background in solving complex technical and product problems, having worked for major companies like Apple and Meta. His journey and insights are central to the video's narrative, as he discusses his current project, Sui, and its mission.

💡Sui

Sui is a blockchain project that aims to solve the 'ownership layer problem' for the internet. It is a public blockchain designed to be open and decentralized, with the goal of becoming a fundamental part of the internet's infrastructure. The term 'Sui' is repeatedly mentioned throughout the script.

Highlights

Evan introduces himself as a tech business professional with 26 years of experience, including 10 years at Apple and 6.5 years at Meta.

Mission of Sui is to build infrastructure that could become the fabric of the internet, starting with solving the ownership layer problem for the internet.

Sui's approach is different from existing blockchains, aiming to provide a unique solution to the market.

Evan's interest in crypto was sparked by the potential he saw in blockchain to solve centralization issues in the internet.

Centralization of the internet is problematic for consumers and stifles the original intent of the internet as an open platform.

Sui's mission is to empower developers to create products that benefit consumers by reducing the role of middlemen.

Evan explains the difference between Sui and other blockchains, emphasizing the unique use of the Move programming language.

Sui's vision includes a vibrant gaming ecosystem and innovative commerce products that leverage blockchain technology.

The Sui Foundation is being established to support and grow the community, separate from Mission Labs.

Evan discusses the challenges and opportunities of running a blockchain company during a period of high demand and attention.

The importance of building trust and relationships with potential partners in the blockchain space.

Evan's visit to Tokyo is for meeting potential partners and discussing the future of Sui in the Japanese market.

Cultural insights into the Japanese market and how it differs from other Asian regions in terms of brand dominance and approach to innovation.

Evan sees potential in Japan's conservative approach to web3, as it aligns with Sui's focus on solving real problems for consumers.

Upcoming expectations for the Sui ecosystem include unique gaming and social products that leverage Sui's distinct design.

A message to the audience to look deeper into Sui's technology and to think beyond building products only for existing crypto enthusiasts.

Transcripts

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uh thank you so much Evan for this

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opportunity I'm so happy to have you in

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my channel I'm so glad thank you so much

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thank you for having me thank you so um

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today we want to go over just a brief

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introduction about yourself Mr love sui

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and what the mission of sui what are you

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guys doing and roadmap ahead and

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something alongside

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um of those stories that I want to ask

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you is that okay yeah sounds good okay

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so um the first of all can you briefly

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introduce about yourself Mr lab and Tsui

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yeah so I'm Evans uh being the tech

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business for 26 years uh always kind of

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a you know interesting solving complex

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technical problems and product problems

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spent 10 years at Apple followed by six

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and a half years in meta during my

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career I've done a lot of different

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things but mostly wrong program language

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and some of the complex you know sort of

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system software has some recognition by

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you know in the space before probably

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build software that runs out every

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phones out there and every desktop

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before so

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um you know kingly interest in kind of

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the the sort of the interface between

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developers and software and how they

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impact consumers so fast forward a few

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years

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um you know so

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2016 17 18 there was a time so when I

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discovered you know kind of blockchain

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crypto and always had an interest in

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building kind of building something

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significant in their space decided to

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stay inside Facebook to kind of

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basically things on R D efforts for the

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Libra slash DM kind of project that's

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sort of my

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professional career started my

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professional career in this website in

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crypto

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um

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fast forward to

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2021 uh you know so the DM project was

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running down the team were very very

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interested in sort of like kind of you

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know Flex what they can build and so

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that's where I decided if I want

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something done right I maybe I have to

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do it myself so I left along with my

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co-founders who started missing lab so

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Mission lab is a software company our

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job is to build infrastructure that you

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know kind of we hope they will become

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the fabric of the internet yeah um you

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know so we the first project we take on

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the big big thing we take on first is

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solving the ownership layer problem for

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the internet that that's the Genesis of

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Suite right that's how we start kind of

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thinking about what um kind of you know

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what that should look like right that's

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going to be very different to the the

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blockchain that exists on the Block on

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the on the market today and and so that

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you know we we in the process of

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building three you know getting close to

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mainnet three is a

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kind of public blockchain is open

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network you know in the spirit of

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decentralization you certainly cannot be

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controlled by a mission lab or any

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commercial entities so we're already

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taking the efforts to help establish the

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free Foundation which is now a

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completely different organization

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um you know with no overlap of personnel

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yeah except at the board level one

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person that's me

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um you know so you know so that's the

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sort of relationship so going forward

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the three Foundation is you know we'll

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be kind of focusing on growing the

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community supporting the community

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handling a lot of the

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sort of the various programs relatives

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we you know we believe over time there

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will be like like an internet any kind

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of open software infrastructure will be

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lots and lots of different organizations

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different entities would contribute to

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the growth of three okay ecosystem so

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that's sort of a you know a quick tier

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of Dr thank you oh sweet how what made

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you interested in crypto yeah it's a

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good question so you know early on just

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a lot of curious curiosity you know what

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is this concept can do over the years

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when I kind of looking at the you know

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thinking about it talking to developers

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understand the potential we kind of come

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to a thesis right so

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um

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you know I'll say people probably don't

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recognize you know how important Webster

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is and what problem is solving right so

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the centralization internet is really

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real right if you look at around the big

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big major platforms the big companies in

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web 2 today from Google YouTube to you

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know Instagram Tick Tock to the app

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stores right it's basically uh big

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companies the middlemen essentially uh

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squeezing all the profit they're

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controlling distribution and that's the

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way to for them to make money right so

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um user generate contents are probably

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what part YouTube everybody know the

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story but very very few really have made

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you know kind of there's very little

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transparency the very few sort of

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creators have actually made a you know a

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business a living out of it and the num

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you know you're probably seeing a lot

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hear lots of stories like that right you

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know very popular video ended up making

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very little money for the Creator right

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tick tock or whatnot uh so that's the

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example right and and today these days

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is even more jarring right because all

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these platform themselves or this

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implications itself are sort of being

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squeezed by

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you know Apple which load over them

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right by the app store right Apple can

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basically penalize like epic game right

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by removing them for right disagreement

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disagreeing with sun right they tell you

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what to do how much you charge right

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what payment you you do they take 30

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right

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um so and they uh and their policy

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changes have a major impact on the

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business such as Facebook which in turn

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have major impact on small medium

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business in how they require customers

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so the centralization of the internet is

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actually really really bad for consumers

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that is very very far away from where

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the internet start out to be

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um so so that's the problem we're trying

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to solve we're not the one solving

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ourselves we are hoping to empower

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developer to solve this okay right so

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because we want to get the internet back

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to more of a coordination right creators

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consumers and you have a platform in

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between you know you have a sort of

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facilitator right the third party to

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help you facilitate the transaction

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between them and that is the power of

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blockchain web3 is about this

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intermediation right replacing the

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middleman with some with code that you

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trust right so that that's the theory

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that's the philosophy behind it and we

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believe that's really worth solving and

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now a lot of people compare

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because the

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the language you guys both use yeah but

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um I believe a lot of people kind of

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misunderstand

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um some concept different concept and

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also can you explain

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um so yes right I mean it's kind of

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silly people equating the blockchains to

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be the same just based on the

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programming language that you use right

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you know uh the the concepts are

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actually quite different right so the

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app testing you know some of the

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colleagues we had back at meta you know

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it's a you know it's a reasonable

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approach to commercialize open source

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software you know that's building big

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tech companies there's tons of tons of

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examples out there

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um yeah completely cool we my co-founder

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and I when we left we consider that

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option for about half second and you

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know it was not really ever serious

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considered right because the reason we

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want to leave meta to do something

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yourself and want to solve problem is

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also recognition that we don't believe

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the blockchain the general architecture

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um makes sense yeah right we think the

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data model doesn't make sense right

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token is a primitive makes very little

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sense right the programming model where

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you throw away dependency information

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you're now capturing information makes

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no sense

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uh you know data that's in in the global

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states that makes no sense right it's

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going to make storage very very

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expensive so all those things to us

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doesn't make sense right so we want to

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build something different from the

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ground up yes we use move where I move

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was con you know designed by my

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co-founder Sam and it's meant to be

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cross-platform so obviously we use move

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but even the language the program model

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the way you use move it's going to be

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very different so

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and I think I think you know for people

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who haven't had the chance to re look

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deeply into the technology it's probably

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a reasonable assumption right both teams

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come out meta and there's some

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similarities in terms of language

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but you know I think we're starting to

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get very very clear indication from the

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developer Community they recognize uh

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the the power of our platform and so

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we're really really happy with how

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things are shaping up okay thank you

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um you already briefly touched up on

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this but um what's the really the big

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mission what's the things that you guys

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want to accomplish through this project

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yeah so that's a good question right and

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and to answer the question properly you

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really have to

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you know talk about the results while

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we're envisioning

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um so if you think about people ask

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often us ask what vertical we're going

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after right because the things we think

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about it really is not per vertical it's

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really vertical it's really you know

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how they impact the consumer right and

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what are the impact the developers so if

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you look at gaming which is a big part

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of the early launch of sui you know a

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lot of gaming partners are you know kind

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of utilizing blockchain web Suite to for

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customer engagement to them is very very

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important how do they ensure the gamers

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their efforts are not going to waste

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right how can we they retain the royalty

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loyalty beyond the game right

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um so that that's one right in Commerce

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it's slightly different right it's it's

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also engagement but in very different

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way right so now brands are looking

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around and say Hey you know acquiring

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customers become very expensive

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engagement becomes very difficult

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because

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the advertising model the data is a lot

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worse than before because all the

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privacy policy changes around that so

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they're looking at this opportunity to

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have a direct relationship with consumer

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right you know brand and consumer

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directly bypassing middlemen right and

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then in the financial world it's all

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about

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this intermediation for efficiency right

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if you create a new kind of Capital

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Market new kind of financial product if

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you cut up the middleman replacing with

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programs you're going to have a more

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efficient product uh may be more

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flexible or for different kind of

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service so everyone is different but

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ultimately the the sheer common thing

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that is new type of product that's going

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to be beneficial to the consumers that's

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going to allow developer

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different ways to you know sort of

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interact with their customer it's going

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to be a very different relationship

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between so again the triangle you know

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consumer creator

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and the platform distribution platform

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so that's what it's about right that's

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what we were trying to enable uh and to

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do that right we need partner that sort

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of build or showcase yeah right the

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examples which people

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sort of like

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couldn't recognize the value right

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because very similar to what's happening

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in the generative AI space right it took

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the technology has been there for a

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while and but it took chat gbt to get

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everybody excited because you actually

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can see the the benefit you can see the

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result right so that's what we're

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looking for

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um so long answer to your question is

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that's where we're looking for those

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showcase example yeah that that sort of

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give us a pass forward this whole Space

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a path forward to you know create more

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value for consumers okay thank you

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um how do you feel how is it like

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running a web through company or

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blockchain company in this type of

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period of time

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it's exhilarating because there's a lot

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of opportunity and exhilarating also

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because we believe in what we're doing

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we're building and it's really really

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great to see it coming

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together it's really great to see the

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community

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the excitement from the developers the

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partners we work with it's also very

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challenging this is very demanding you

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know

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with attention

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you know there's a lot of Demand on time

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or energy so so that's that's

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challenging part fortunately we have a

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great team right uh and the street

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Foundation also have a great team so so

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that you know sort of the sheer

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responsibility Among Us

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um

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well before you work for the Apple meta

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big companies but they also have

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shareholders

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um and then now you have rather a

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community is it different yeah it's very

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different right when you work for a big

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company especially my real back then is

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focused more on Building Technology you

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kind of insulate the phone all that

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right right who cares right you know

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there are people you know deal with

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investor relation you know uh it's very

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very different than in webstery when

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you're building first of all

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completely different position than I was

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before

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um you know so there is that part right

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there's a lot of expectation

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um you know and there's we also in a way

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how we behave shapes so the culture of

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the community yeah right if you're

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professional the community is going to

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be more professional uh if we care about

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developers and a lot of focus more on on

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the developers so you know we're setting

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examples so so that all the eyes on us

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and the Empire is very very different

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okay let's um go to the east Tokyo this

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week

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um what made you come to Dubai I mean

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what made you come to Tokyo

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um yeah the timing is actually you know

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I came this week not because it is Tokyo

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because we know a lot of the people

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going to be here a lot of people want to

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make meet uh you know we have a lot of

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conversation with you know Brands and

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big companies in all different sectors

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they're interesting website right as you

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know Japan is open for business right

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and that's that's really exciting

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um you know so I have a lot of friends

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and a lot of partners that that's

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excited about exploring the space three

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so I'm here to share my thoughts within

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answer the questions see how we can work

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together

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oh that's Premier units um you know I

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know there's a lot of events and parties

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but you know that's that's not for me

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right but yeah but have you guys been

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speaking to like Japanese companies or

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you just started or how is the situation

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um there's been some conversation for a

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while now you know it's it's a you know

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first you you really use

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you know sort of we've been building

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right it's great to you know sort of

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share our progress with these potential

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Partners to to ensure so they understand

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what we're about can show them progress

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and result uh building a relationship is

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really important build trust

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um and you can imagine a lot of these

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companies are when when thinking about

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kind of doing something very very

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different

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the amount of effort they have goes

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through about thinking they have to to

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go you know put into these products so

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so we're just here to help them right

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our partners are essential to the

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long-term to the success of this

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platform so we just want to offer them

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the best support the only way we're

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going to be successful is is if they are

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successful right so that's priming it

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right we've been having some

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conversation with a number of Japanese

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firms

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um you know it's just it's just really

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exciting to see

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this relationship will come to something

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some some fruition real real products

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the benefit consumer will come out okay

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yeah do you see any

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um uniqueness in Japan market and then

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something similar to other Asian region

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or like something in common yeah

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Japan is a very unique

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um you know I think

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culturally

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as well as sort of you know well first

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of all culturally is more

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very thoughtful you know in Japanese has

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always been very thoughtful they care

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about their value to society to the

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world

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potentially even before their own

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benefit profit right so that's very

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unique that reflects in in the products

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it's very sophisticated right as well

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very detailed so those are all great and

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also you know sort of more dominant by

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bigger established Brands

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biggest IP

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kind of creation country in the world

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right some of the big big IP so lots and

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lots of unique elements about Japan

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which is very very different from

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let's say

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you know a lot of the chinese-speaking

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countries some of the country that have

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you know sort of more of a startup you

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know kind of vibe to it quite different

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even in gaming I think the approach you

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know is the Japanese gaming

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company is taking is quite different

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than say you know the Korean gaming

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companies yeah very unique okay and then

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do you see

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um potentials because now Japanese

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government try to not just open to

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abroad but they're specifically

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targeting on what three and then the

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culture wise web3 and Japanese a little

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bit conservative culture kind of sees

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contradiction maybe potentially but what

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do you think

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any of the

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yes or no right and I think I think you

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know I think again right Webster really

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is not about

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speculations you know airdrops party

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Vibes

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um it's actually about solving a real

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problem right so so if you think from

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that angle the conservative approach the

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Japanese company are taking is actually

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quite compatible right how do you offer

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you know some you know to let consumer

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control their own asset but in a way

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provide them with scar rails safety net

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that's actually really really important

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and I think Japan has Market has an

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opportunity to set example how it's been

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how can it be done right so again I'm

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using this example I've I shared a

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number of times is well you think what

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happened with aft market right the

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concept is great give Creator another

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way to reach the consumer

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but what we see is

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the centralized Marketplace are

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controlling whether they pay royalty

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right that if you can't even protect the

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Creator in that way how you're going to

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protect the consumer so uh these

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products really require different design

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different thinking uh you know this is

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one example right roti's for example

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what about kyc ml for payments for other

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kind of use cases for security for

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financial products what about copyright

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infringement problem how do you ensure

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people creating the asset on chain asset

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actually have the rights to create them

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how do you verify how do you where do

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you store the test station what's the

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equivalent of a baseball card and the

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baseball card which is authenticated

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signature what's equivalent in that how

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do you attach more information to the

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asset so you know this is actually very

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compatible with the Way Suite think

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about you know sort of the the building

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block

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so so yeah we're actually extremely

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excited about that opportunity okay

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um going back to the silly ecosystem

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what's the

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um something that we can expect from you

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know you guys for this maybe summer or

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something this year and a little bit

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like maybe too early to talk but like

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early next year or something like that

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well

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um

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we're going to have a very vibrant

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gaming kind of ecosystem even from the

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beginning

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we are seeing a lot of the sort of the

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D5 on-chem you know Finance how we want

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to call it starting to develop uh for

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example we're we're partnering with with

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a startup building a debug which is an

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Unchained order book the difference here

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is it's public utility it's probably

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good and then we want

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you know it's about laying the

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groundwork laying out all the

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infrastructure for consumer product to

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be built in the right way so it's pretty

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exciting

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um

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you know gaming is exciting some

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Commerce products we're going to see is

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on the social product that they're

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clearly are coming are very exciting and

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very Innovative they use a lot of the

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unique design of our suite so

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again I think at this point a lot of

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most of everybody's experimenting yeah

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right in Webster you can point into this

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example that example uh just do what

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that product done you have a chance

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you're going to be successful it's about

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discovering that right so

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um we're going to see a lot of also

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unique product and that's that's a great

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starting point a lot more product with

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at least consumers in mind solving real

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problems a lot of products that with

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developers in mind solving their pain

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point over time you know we want three

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to be almost abstract away from the

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product Builder right they always have

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to think about only thing that I should

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think about is like well do I want to

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give control the asset in their product

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to to be controlled by the consumer then

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they build use three they may not need

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to think too much about the complexity

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of smart contract development there will

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be different tools and integration kind

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of middleware that help then solve those

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kind of problems so right now we're

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basically starting from the ground right

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ground layer and and we'll see expect to

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see that build up so

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you know you know the time is running

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out so lastly can you please give some

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message to the audience maybe Japanese

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audience or audience just in general

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who's looking forward to your product

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um so I would say

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you know really look a little bit deeper

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uh for for you know the consumers right

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and I think I think

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um if you are

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excited about web's really excited about

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the different blockchain technology look

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deeper uh what we see is really really

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very different uh

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um like pretty much every aspect so you

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know how the pipeline Works through the

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programming model everything is very

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different if you are a developer totally

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do that but also think about building

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product for Mass market and I think

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that's a message I want to convey too

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often we see developer in the space uh

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only thinking about sort of building

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products for the DJs for people already

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in the space that that ultimately limits

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not just your audience but also your

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creativity

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so so think beyond that

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um yeah those are will be the message I

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have to convey thank you so much thank

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you so much so much for your time

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despite your busy schedule and hopefully

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um I can see some somewhere else and

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also

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we wish you for the big success thank

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you launch and ecosystem thank you thank

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you thank you so much for having me yeah

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