Darius Kozlovskis on Putting Your Digital Assets to Work with Drops.co (Episode 236)
Darius Kozlovskis joins us to discuss Putting Your Digital Assets to Work with Drops.co
Startup founder with a background in mobile and web3 development. Passionate about about building products that explore the intersection of NFTs and DeFi.
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The following transcript was created using artificial intelligence. There will be some grammatical errors below.
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Richard Carthon: Hello, everyone. Welcome to another episode of cryptocurrency. Your host here, Richard Carthaginian. Today I have a special guest all the way out in Toronto, Canada, where I got a project that I’m excited to learn more about. We have Darius with drop scope. How are you doing today?
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Darius Kozlovskis: Hey, I’m doing well. How are you, man?
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Richard Carthon: Excellent. Just finished the Thanksgiving holiday,
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Richard Carthon: so I’m feeling very thankful the market’s
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Richard Carthon: a little down.
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Richard Carthon: But hey, I think we still have a
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Richard Carthon: lot of legs left left in this year,
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Richard Carthon: but we can
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Richard Carthon: get into that a little bit later first. Want to learn more
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Richard Carthon: about you can give us some background
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Richard Carthon: on yourself.
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Darius Kozlovskis: So I’m a developer and also,
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Darius Kozlovskis: well, have work that who have been
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Darius Kozlovskis: working on mobile apps, development, web development back and well eight years
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Darius Kozlovskis: ago and
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Darius Kozlovskis: know we don’t like to. Crypto started sort of like 2012,
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Darius Kozlovskis: when I was just
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Darius Kozlovskis: looking for forums and
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Darius Kozlovskis: know so,
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Darius Kozlovskis: so about Bitcoin
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Darius Kozlovskis: being a source
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Darius Kozlovskis: of new internet money and
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Darius Kozlovskis: well, and ever since I
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Darius Kozlovskis: started looking more into
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Darius Kozlovskis: it. So mostly
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Darius Kozlovskis: it was just some speculation, nothing
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Darius Kozlovskis: too serious. And well, later on somewhere in 2015,
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Darius Kozlovskis: I started digging more into the whole ecosystem that’s being
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Darius Kozlovskis: built around folks like
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Darius Kozlovskis: Etherium and.
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Darius Kozlovskis: In 2016, I started where pre-development
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Darius Kozlovskis: agency so also had some doubts. Some are not.
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Darius Kozlovskis: And then when
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Darius Kozlovskis: the
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Darius Kozlovskis: ICO craze
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Darius Kozlovskis: started, so mostly we’re just launching
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Darius Kozlovskis: tokens, building dashboards.
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Darius Kozlovskis: So nothing like too
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Darius Kozlovskis: interesting
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Darius Kozlovskis: to build.
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Darius Kozlovskis: I don’t know about that.
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Richard Carthon: That sounds pretty, pretty interesting to me. You’re building some, some decentralized apps.
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Richard Carthon: So some DApps, which are some of the first probably up in the market. And there’s also learn about the blockchain space. What intrigued you about being in this space? Like, how did you first learn about it and what made you decide like, Oh, I want to start building some DApps?
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Darius Kozlovskis: Yeah, yeah. So it’s the most intriguing part is
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Darius Kozlovskis: that like,
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Darius Kozlovskis: it’s this unstoppable force that blockchain technology represents, that whenever you build something, you push it out
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Darius Kozlovskis: there and it’s
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Darius Kozlovskis: going to stay there forever and it’s immutable. Nothing can change it and anyone can
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Darius Kozlovskis: interact with it. So it’s like
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Darius Kozlovskis: this freedom to to create whatever
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Darius Kozlovskis: you want
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Darius Kozlovskis: and then nobody else can take
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Darius Kozlovskis: it down.
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Darius Kozlovskis: So that’s that was a really powerful idea and like kind of like for like it’s it might be inspired by
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Darius Kozlovskis: previous
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Darius Kozlovskis: technologies and.
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Darius Kozlovskis: I mean, I was a big fan of tolerance and how it was created
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Darius Kozlovskis: like the the
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Darius Kozlovskis: way that
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Darius Kozlovskis: that networks
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Darius Kozlovskis: can work
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Darius Kozlovskis: together. So it was just quite fascinating. So it’s.
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Darius Kozlovskis: I guess the things that
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Darius Kozlovskis: attracted me to me to it was this sort of
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Darius Kozlovskis: powerful
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Darius Kozlovskis: way to create stuff. It’s not like it’s not
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Darius Kozlovskis: just like a software, I would say it’s more like you’re creating like a hardware
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Darius Kozlovskis: product and.
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Darius Kozlovskis: And I think it’s probably
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Darius Kozlovskis: like the network effect that it’s going to have because
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Darius Kozlovskis: anyone can use it and anyone can be part
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Richard Carthon: of it.
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Darius Kozlovskis: So this inclusiveness, this also was been interesting.
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Richard Carthon: So moving forward. When
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Richard Carthon: what if we like if I were
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Darius Kozlovskis: when I was like, analyzing what?
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Darius Kozlovskis: Or decentralized apps can bring the well to our economy or to
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Richard Carthon: the
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Darius Kozlovskis: whole speech, to each sector in our lives. Well, it’s. It had a lot of it made sense and.
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Richard Carthon: In a way that it allows
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Richard Carthon: users or
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Richard Carthon: consumers to be.
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Richard Carthon: To be owners
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Richard Carthon: of their own assets, to be
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Richard Carthon: able
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Richard Carthon: to control how how
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Richard Carthon: they want to have their money spent and
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Richard Carthon: also take ownership of data as well. So yeah, there there’s plenty of things
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Richard Carthon: that attracted me to it, and I’m just
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Richard Carthon: excited to keep
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Richard Carthon: being in the
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Richard Carthon: space and be
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Richard Carthon: building to make things happen.
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Richard Carthon: So definitely get help with, you know, giving people the freedom to decide where they want their money to be spent. Also, what types of freedoms between where their data is being
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Richard Carthon: stored, how they are putting everything else
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Richard Carthon: out there. So that’s what kind of got you into this space. But bring us to how you got involved with drops.
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Richard Carthon: So what is
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Richard Carthon: drops and what was the impetus of you creating it in the first place?
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Richard Carthon: Yeah.
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Richard Carthon: So the start of drops said, I think it goes back to. Goes back to 2020.like, like earlier 2020, when when they finally won, the market
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Richard Carthon: started picking up
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Richard Carthon: and we saw like this great activity of adoption of
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Richard Carthon: DeFi products, and
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Richard Carthon: I went
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Richard Carthon: through this whole DeFi summer was
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Richard Carthon: quite exciting. And then well
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Richard Carthon: and then got me thinking like, there was like this gap that’s been
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Richard Carthon: forming that all these
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Richard Carthon: fungible assets they were, they were able to generate yield
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Richard Carthon: and
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Richard Carthon: there is great infrastructure for them. But what about the fees? Because these have been
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Richard Carthon: well for a long time,
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Richard Carthon: both kind of like disregarded
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Richard Carthon: and although
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Richard Carthon: like back in early early conferences
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Richard Carthon: or meetups where people were
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Richard Carthon: saying that, oh, like we will have real estate tokenized, like we’ll talk in. We’ll talk Tokenize O’Connell.
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Richard Carthon: Pretty much everything you have to look nice, non
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Richard Carthon: fungible things,
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Richard Carthon: so yeah, you would need an
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Richard Carthon: office
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Richard Carthon: and
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Richard Carthon: the infrastructure for that, it just wasn’t there. So just look for fun. I started a project called
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Richard Carthon: Roadrunners, Runners which basically
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Richard Carthon: was like
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Richard Carthon: a
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Richard Carthon: collectible.
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Richard Carthon: It was. It was a collectible
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Richard Carthon: card
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Richard Carthon: game where you would
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Richard Carthon: farm in the 40s
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Richard Carthon: and then to extend
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Richard Carthon: their use, you would take them and earn tokens. So that was like a first
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Richard Carthon: attempt to do something
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Richard Carthon: fantastic is to connect them well with a similar concept with DeFi has like kind of like
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Richard Carthon: yield farming and.
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Richard Carthon: And like, I really like working on it and just started looking for
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Richard Carthon: ways how it can be
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Richard Carthon: more scalable,
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Richard Carthon: and that’s how
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Richard Carthon: well the idea of jobs came
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Richard Carthon: true. Basically, for
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Richard Carthon: the office to be bridged to the defined we need like this permissionless
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Richard Carthon: way to obtain liquidity so
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Richard Carthon: that you can obtain loans and permissionless manner. And then once you have
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Richard Carthon: that, then
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Richard Carthon: you can. Let’s see. Well, earn yield or use borrowed capital
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Richard Carthon: for something more useful
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Richard Carthon: or create
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Richard Carthon: leverage.
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Richard Carthon: So know that’s how this idea of permissionless lending protocol
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Richard Carthon: came out that
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Richard Carthon: full use of these as collateral
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Richard Carthon: and.
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Richard Carthon: He was started
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Richard Carthon: building it
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Richard Carthon: early,
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Richard Carthon: early this year, 2021,
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Richard Carthon: and
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Richard Carthon: yeah, right now it went for some
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Richard Carthon: from it, from any changes like how
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Richard Carthon: it should look like
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Richard Carthon: there were many different iterations
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Richard Carthon: of it.
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Richard Carthon: But yeah, like finally where we went through
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Richard Carthon: our tests and
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Richard Carthon: hoping to that as the audit soon
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Richard Carthon: and get
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Richard Carthon: this,
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Richard Carthon: get this baby to the world out there,
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Richard Carthon: no doubt. So let’s let’s break that down. So you identify the problem of being able to tokenize NFT space, basically being able to create DeFi. Centralized finance on top of NFT, providing collateral with your NFTs. And then be able to use that money, borrow against it to be able to do other things while you’re in. It’s kind of being locked up. So you’re trying to figure out
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Richard Carthon: how do you do it in a
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Richard Carthon: easy way that anyone be able to come onto your platform drops and then
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Richard Carthon: be able to do that?
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Richard Carthon: And that was kind of the precipice of you doing that. And as you said, you started earlier this year, you had many iterations
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Richard Carthon: of trying to
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Richard Carthon: restructure and figure out like how to best present this to the world. What do you think was one of the biggest hurdles for you to overcome with trying to create something like this?
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Richard Carthon: Hey, crypto coming through? This is Steve Miller, and I’m the host of CC Life Show that keeps you up to date with what’s popping off in crypto land. Every episode of CSI Live brings you the latest news, keeps you updated on the top projects in decrypts everything you need to know to get ahead in the wild world of Web3. So if you really want to stay cryptocurrency, join Richard, Chris and I every Tuesday and Friday at seven p.m. Eastern, only on YouTube Live. So what are you waiting for? Subscribe to cryptocurrency YouTube channel today and as always, stay cryptocurrency.
00:11:16:03 – 00:11:38:29
Richard Carthon: The biggest issue would be how do we how those could be priced this one one one thing, and also how to mitigate risk because some of the fees could easily default and well, if founders abandoned and abandoned them, then they can really put a risk to the whole protocol. But that same way,
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Richard Carthon: it seems to be scalable. So
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Richard Carthon: like having too
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Richard Carthon: much governance of what gets
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Richard Carthon: in well could
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Richard Carthon: could slow down the protocol growth. So any one of the first lady it was to use amnesty fractions and create liquid for
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Richard Carthon: liquidity for them and then
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Richard Carthon: use these fractions as a collateral
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Richard Carthon: while
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Richard Carthon: allowing users
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Richard Carthon: to
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Richard Carthon: also retain ownership over NFT. But like true,
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Richard Carthon: where some simulations actually so it might not work out
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Richard Carthon: well and there are some major flaws and design as well. So then? Yeah, this is like true. It’s like removing any other
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Richard Carthon: parts
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Richard Carthon: in the
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Richard Carthon: design, how it should work. We came up over this well with my simple
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Richard Carthon: idea, and we just have assumption
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Richard Carthon: that some of these liquids
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Richard Carthon: enough like the
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Richard Carthon: addition of trading volume,
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Richard Carthon: have their floor price, the average
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Richard Carthon: price.
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Richard Carthon: And so there is this liquidity that is well, there is already there and
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Richard Carthon: there are some great projects out
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Richard Carthon: there that have
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Darius Kozlovskis: have strong communities. And while most likely it’s they’re not going to go anywhere in the next months, years to come. So, so instead of creating a synthetic liquidity for them with fractions, we decided to just use what’s there in in the open sea.
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Darius Kozlovskis: And
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Darius Kozlovskis: well,
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Darius Kozlovskis: as a surprise, one of
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Darius Kozlovskis: these we’re
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Darius Kozlovskis: using time
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Richard Carthon: weighted average price of the floor and
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Richard Carthon: a log of some
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Richard Carthon: or some additional filters to remove deviations
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Richard Carthon: and
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Richard Carthon: to isolate risks from the
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Richard Carthon: from
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Richard Carthon: users. Well, for the protocol, so we’re we putting those some of these in pools.
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Richard Carthon: So each
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Richard Carthon: collection has its own
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Richard Carthon: pool and liquidity doesn’t
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Darius Kozlovskis: mix, and therefore investors decided to supply liquidity to
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Richard Carthon: the specific pool. But they’re just exposing
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Richard Carthon: themselves
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Richard Carthon: to this specific collection. So.
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Richard Carthon: I say that we like and the parties that have already like social
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Richard Carthon: approval, social trust, they
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Richard Carthon: will be able to track more liquidity and those than
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Richard Carthon: done well, and
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Richard Carthon: most likely, they’ll have
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Richard Carthon: trouble having that. But that’s
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Richard Carthon: because
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Richard Carthon: they might not be
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Richard Carthon: liquid in the first place.
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Richard Carthon: So, so yeah, that’s
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Richard Carthon: the challenges.
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Richard Carthon: And, you know,
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Richard Carthon: hopefully this will work well that they will show us right now. I mean,
00:14:55:24 – 00:15:22:02
Richard Carthon: those are big challenges to be facing, for sure. First, to be able to adequately de-risk the pricing of the inputs and then having people that at once, it can go and add liquidity to liquidity pools and everything else. So you’re spot on with a big challenges that have to be put out there. But just like you said, you have the testnet going the main that’s coming out soon. So that’s all exciting. But I believe you also have some pretty exciting news about a metaverse play that you have going on. Can you tell us a little bit more about that?
00:15:22:27 – 00:15:23:13
Richard Carthon: Oh, yeah.
00:15:24:08 – 00:15:33:28
Richard Carthon: Well, basically, we are organising an event that will be focused on metaverse finance and how metaverse assets are going to
00:15:34:21 – 00:15:42:22
Richard Carthon: change the way of the DeFi DeFi will work and how it basically like show people that
00:15:42:24 – 00:15:43:19
Richard Carthon: metaverse
00:15:43:21 – 00:15:45:03
Richard Carthon: will be like
00:15:45:18 – 00:15:46:24
Richard Carthon: these isolated
00:15:48:14 – 00:15:49:04
Richard Carthon: ether bubbles,
00:15:49:15 – 00:15:50:06
Richard Carthon: but instead
00:15:50:08 – 00:15:54:29
Richard Carthon: to help of DeFi, they can be all interconnected together and.
00:15:56:27 – 00:16:00:15
Darius Kozlovskis: Also, we bring value to the communities to douse
00:16:02:06 – 00:16:02:23
Darius Kozlovskis: by.
00:16:04:10 – 00:16:10:10
Darius Kozlovskis: We allow him to, let’s say, use metaverse assets for financial purposes as well, not just
00:16:10:12 – 00:16:12:29
Richard Carthon: for gaming, for earning
00:16:13:27 – 00:16:15:13
Darius Kozlovskis: wealth, owning in-game
00:16:15:15 – 00:16:17:26
Richard Carthon: killed wealth of those assets.
00:16:18:14 – 00:16:25:00
Darius Kozlovskis: So we’re organizing events like that. The details are going to be announced
00:16:25:02 – 00:16:26:15
Richard Carthon: soon and
00:16:26:23 – 00:16:27:08
Darius Kozlovskis: we’ll
00:16:27:10 – 00:16:28:12
Richard Carthon: have some great
00:16:28:14 – 00:16:33:26
Darius Kozlovskis: giveaways. We’ll have DG and Tobi.
00:16:34:09 – 00:16:34:24
Richard Carthon: It will be
00:16:34:26 – 00:16:36:10
Darius Kozlovskis: happening at the central land
00:16:37:01 – 00:16:37:19
Richard Carthon: and.
00:16:38:28 – 00:16:40:10
Richard Carthon: So right now, all we can do
00:16:40:12 – 00:16:41:27
Richard Carthon: is focus following
00:16:41:29 – 00:16:42:14
Richard Carthon: drops,
00:16:42:16 – 00:16:43:15
Richard Carthon: Twitter and
00:16:43:18 – 00:16:44:03
Richard Carthon: look
00:16:44:05 – 00:16:45:20
Richard Carthon: for quarterly
00:16:45:22 – 00:16:47:00
Richard Carthon: to somebody. Oh, that’s
00:16:47:27 – 00:16:49:13
Richard Carthon: excellent. Well, that sounds like a lot
00:16:49:15 – 00:17:11:00
Richard Carthon: of fun, something I’m will go check out because that is for those of you who have not yet explored the world of the central. It’s pretty cool. Recommend checking that out, and I’m sure this event is going to be a lot of fun as well. Another question that I have for you is, you know, clearly you’re passionate about like the energy advice space. How do you think it is going to continue to evolve, let’s
00:17:11:02 – 00:17:12:17
Richard Carthon: say, over the next two to five
00:17:12:19 – 00:17:13:04
Richard Carthon: years?
00:17:15:12 – 00:17:23:03
Richard Carthon: So we’re going to see much more interconnection between DeFi and space, particularly.
00:17:24:10 – 00:17:25:15
Richard Carthon: They probably one of the
00:17:25:22 – 00:17:35:16
Richard Carthon: primary things that’s going to happen. So right now we have bridges built between multiple multiple chains, so out, although all the
00:17:35:18 – 00:17:38:11
Richard Carthon: NAFTA and all kind of I mean,
00:17:38:25 – 00:17:40:29
Richard Carthon: DeFi products were settled
00:17:41:11 – 00:17:45:05
Richard Carthon: or were built on Ethereum. So what’s going to see
00:17:45:08 – 00:17:46:25
Richard Carthon: is a much more
00:17:48:24 – 00:17:51:28
Richard Carthon: muscular spread ecosystem that
00:17:51:29 – 00:17:53:03
Richard Carthon: will be built
00:17:53:05 – 00:17:53:28
Richard Carthon: on many other.
00:17:54:00 – 00:18:01:00
Richard Carthon: She’s on layer two, layer two. And so that’s be the first
00:18:01:02 – 00:18:02:01
Richard Carthon: thing that’s going to happen.
00:18:02:03 – 00:18:03:17
Richard Carthon: So it will start being
00:18:03:27 – 00:18:05:12
Richard Carthon: this cluster of products on
00:18:05:14 – 00:18:06:22
Richard Carthon: the Ethereum, but instead
00:18:08:13 – 00:18:20:21
Richard Carthon: it’ll spread to like the small kitchen communities. Then once once that happens. So when will have bridges from different chains?
00:18:21:02 – 00:18:21:25
Richard Carthon: And also there will be
00:18:21:27 – 00:18:26:19
Richard Carthon: bridges for the. So that will also accelerate
00:18:27:19 – 00:18:28:08
Richard Carthon: the flow
00:18:28:22 – 00:18:29:22
Richard Carthon: of one of these that,
00:18:30:13 – 00:18:31:11
Richard Carthon: like their value
00:18:31:13 – 00:18:31:28
Richard Carthon: can
00:18:32:00 – 00:18:33:21
Richard Carthon: will all be transportable
00:18:34:08 – 00:18:40:25
Richard Carthon: and also kind of things like CryptoPunks will be able to be sent. I know,
00:18:41:04 – 00:18:41:22
Richard Carthon: let’s say
00:18:42:24 – 00:18:47:01
Richard Carthon: Arbitron and perhaps another bridge from the there can be a
00:18:47:03 – 00:18:48:23
Richard Carthon: product that will allow
00:18:48:25 – 00:18:49:29
Richard Carthon: them to be used as
00:18:50:01 – 00:18:55:16
Richard Carthon: collateral and they’ll be able to hold. Users will be able
00:18:55:18 – 00:18:57:14
Richard Carthon: to obtain like instant loans and earn a
00:18:57:16 – 00:18:59:11
Richard Carthon: yield of it. And.
00:19:00:27 – 00:19:02:21
Richard Carthon: I said so there will be just
00:19:02:23 – 00:19:03:08
Richard Carthon: much
00:19:03:10 – 00:19:06:29
Richard Carthon: more connection between chickens and
00:19:07:21 – 00:19:11:29
Richard Carthon: also in addition to that, there’ll be more apps that utilize the arrestees
00:19:12:01 – 00:19:16:16
Richard Carthon: themselves, not just the one, just fungible tokens.
00:19:17:00 – 00:19:25:26
Richard Carthon: So a little like accelerator and in the growth of the space will definitely will be Facebooks metaverse.
00:19:26:10 – 00:19:27:01
Richard Carthon: They’ll just
00:19:27:18 – 00:19:31:23
Richard Carthon: they may not contribute to their crypto space and roll
00:19:32:03 – 00:19:32:23
Richard Carthon: themselves.
00:19:33:02 – 00:19:38:26
Richard Carthon: But just the narrative that they have said of this metaverse
00:19:38:28 – 00:19:39:13
Richard Carthon: narrative
00:19:40:15 – 00:19:42:24
Richard Carthon: is it’s going to be really powerful
00:19:43:17 – 00:19:46:19
Richard Carthon: and perhaps one day and maybe in
00:19:46:21 – 00:19:48:22
Richard Carthon: three years, maybe, maybe sooner,
00:19:49:12 – 00:19:49:27
Richard Carthon: we’ll
00:19:49:29 – 00:19:53:21
Richard Carthon: might see like Bridges better connected with Facebook
00:19:53:23 – 00:19:55:14
Richard Carthon: Metaverse to some
00:19:55:16 – 00:19:56:07
Richard Carthon: other chains.
00:19:56:15 – 00:19:59:26
Richard Carthon: Well, if that happens well, we’re going to have
00:20:00:11 – 00:20:02:11
Richard Carthon: been saying exposure. Well.
00:20:05:12 – 00:20:08:28
Richard Carthon: Well, insane growth of users coming from
00:20:09:09 – 00:20:11:09
Richard Carthon: Facebook metaverse to a crypto
00:20:11:11 – 00:20:12:23
Richard Carthon: space and vice versa.
00:20:15:12 – 00:20:16:21
Richard Carthon: Several business.
00:20:17:24 – 00:20:24:05
Richard Carthon: That’s another thing that’s going to happen. And, you know, the whole matter
00:20:24:07 – 00:20:29:14
Richard Carthon: of space as it’s going to get more mature. But community
00:20:29:16 – 00:20:33:01
Richard Carthon: owned organizations like ours
00:20:34:01 – 00:20:35:06
Richard Carthon: will be able to
00:20:35:16 – 00:20:40:18
Richard Carthon: help, not just. But just be there to invest in stuff or
00:20:42:10 – 00:20:44:15
Richard Carthon: have fun playing games. But
00:20:46:02 – 00:20:50:26
Richard Carthon: I see them having more impact on daily lives as well.
00:20:52:11 – 00:20:55:27
Richard Carthon: Perhaps, oh, maybe there will be those that
00:20:55:29 – 00:20:58:05
Richard Carthon: will be focused on helping,
00:20:59:03 – 00:21:01:12
Richard Carthon: well, using funds for good
00:21:01:14 – 00:21:03:02
Richard Carthon: causes or
00:21:04:04 – 00:21:09:24
Richard Carthon: trying, trying to reduce our carbon footprint or to try to invest in
00:21:09:26 – 00:21:11:17
Richard Carthon: expanding human
00:21:11:19 – 00:21:12:20
Richard Carthon: life expectancy
00:21:14:18 – 00:21:19:27
Richard Carthon: stuff and say that that’s probably my general
00:21:20:00 – 00:21:20:18
Richard Carthon: outlook
00:21:21:03 – 00:21:29:27
Richard Carthon: for the next two to five years. So just to break that down in that, I mean a lot of good nuggets. So from the NFT space in DeFi, you’re going to see more interoperability across chain.
00:21:30:02 – 00:21:31:02
Richard Carthon: We’re going to see more
00:21:31:16 – 00:21:33:11
Richard Carthon: NFTs actually being used for
00:21:33:13 – 00:21:35:06
Richard Carthon: liquidity instead of it, just
00:21:35:24 – 00:22:00:20
Richard Carthon: the sight of what tokens being able to provide that type of stuff. The metaverse is going to be pretty large. Facebook, I mean, just on the subject of Facebook, I’ve seen so many Facebook Oculus will now meta Oculus commercials that are coming out in the fact that these gigantic VR headsets are becoming more and more affordable the where they used to be thousands of dollars. Now you can get them for three hundred bucks. It’s just making it more accessible for more people to be using it.
00:22:00:22 – 00:22:01:25
Richard Carthon: So I think that
00:22:01:27 – 00:22:05:19
Richard Carthon: trend is definitely in the right direction for people. Get more exposure to this
00:22:06:00 – 00:22:06:15
Richard Carthon: virtual
00:22:06:17 – 00:22:14:23
Richard Carthon: metaverse world, which is virtual reality. And then finally, those deals are here to stay. People are going to be more and more creative with how they’re going to be set up and different
00:22:15:00 – 00:22:15:16
Richard Carthon: challenges
00:22:15:18 – 00:22:16:19
Richard Carthon: that they’re looking to face.
00:22:16:21 – 00:22:17:17
Richard Carthon: So I think those are
00:22:17:19 – 00:22:21:25
Richard Carthon: three really good things to be looking out for, and I appreciate you bringing that to everyone’s.
00:22:23:17 – 00:22:30:27
Richard Carthon: Make sure that everyone is paying attention to that. So I always like to finish up with two fun questions. The first being with all the information and knowledge that you have
00:22:30:29 – 00:22:32:15
Richard Carthon: right now, if you’re going to go
00:22:32:17 – 00:22:39:15
Richard Carthon: in part one or two pieces of wisdom when you first got started, let’s say back in twenty fifteen on your crypto blockchain journey. What would you tell yourself?
00:22:42:22 – 00:22:51:03
Richard Carthon: I would tell myself, like, no matter, no, no, no matter what happens, no matter what, if they’re are believing
00:22:51:05 – 00:22:52:11
Richard Carthon: something and you can
00:22:52:13 – 00:22:53:24
Richard Carthon: see the real value
00:22:53:26 – 00:22:54:11
Richard Carthon: of it,
00:22:54:23 – 00:23:01:09
Richard Carthon: like you just see like this fundamental things that make sense and all the other people will not see
00:23:01:11 – 00:23:05:01
Richard Carthon: that way. So like, just stick
00:23:05:03 – 00:23:05:28
Richard Carthon: to it, just stay in the
00:23:06:00 – 00:23:07:18
Richard Carthon: stuff and
00:23:08:20 – 00:23:12:12
Richard Carthon: just be kind to people that you meet. Be careful.
00:23:14:23 – 00:23:20:08
Richard Carthon: Be generous to people. And eventually it will come around. You never know
00:23:20:24 – 00:23:21:25
Richard Carthon: how it will. Well.
00:23:23:04 – 00:23:26:25
Richard Carthon: Yeah, if you just keep doing the good things that.
00:23:28:16 – 00:23:31:24
Richard Carthon: That make value and makes sense to you and to others.
00:23:32:05 – 00:23:34:27
Richard Carthon: And if you’re being mindful
00:23:34:29 – 00:23:35:18
Richard Carthon: and kind to
00:23:35:20 – 00:23:37:05
Richard Carthon: people, then you know good
00:23:37:07 – 00:23:37:26
Richard Carthon: things will come.
00:23:38:20 – 00:23:39:05
Richard Carthon: So.
00:23:40:02 – 00:23:46:24
Richard Carthon: You know, things like what goes around, comes around. So probably that would be my my first
00:23:46:26 – 00:23:49:07
Richard Carthon: advice because there
00:23:49:09 – 00:23:49:24
Richard Carthon: have been
00:23:49:26 – 00:23:52:23
Richard Carthon: so many instances like the people I
00:23:52:25 – 00:23:53:10
Richard Carthon: met
00:23:53:12 – 00:23:54:14
Richard Carthon: before and
00:23:54:23 – 00:23:55:26
Richard Carthon: like, we’re not even
00:23:56:13 – 00:23:57:29
Richard Carthon: thinking of like working
00:23:58:01 – 00:23:58:18
Richard Carthon: together
00:23:58:20 – 00:23:59:05
Richard Carthon: or
00:23:59:15 – 00:24:01:11
Richard Carthon: being doing something.
00:24:02:29 – 00:24:04:27
Richard Carthon: But eventually, down
00:24:04:29 – 00:24:05:24
Richard Carthon: the road, our
00:24:05:26 – 00:24:07:18
Richard Carthon: paths are connected
00:24:07:20 – 00:24:11:15
Richard Carthon: and like this group, the species itself is quite
00:24:11:17 – 00:24:12:16
Richard Carthon: small and.
00:24:13:27 – 00:24:16:20
Richard Carthon: Yeah, it’s been really helpful.
00:24:18:26 – 00:24:19:11
Richard Carthon: Yeah.
00:24:19:23 – 00:24:21:09
Richard Carthon: So those are two those are two good
00:24:21:11 – 00:24:21:26
Richard Carthon: gems, you believe
00:24:21:28 – 00:24:23:11
Richard Carthon: in something. Just go for it
00:24:23:13 – 00:24:24:08
Richard Carthon: and the timing will
00:24:24:10 – 00:24:25:24
Richard Carthon: make right and do right by people,
00:24:25:26 – 00:24:40:28
Richard Carthon: just do good by others and things will work themselves out. There’s collaboration. You made the right connection. You never know. You never know what a conversation will do. And by treating some well who they’ll connect you to to ultimately help you in the right direction of what’s meant for you.
00:24:41:00 – 00:24:43:08
Richard Carthon: So I think that is absolutely
00:24:43:14 – 00:24:50:00
Richard Carthon: a good thought. But as we kind of wrap up here, man, what is the final thought that you want to leave with all the listeners here today?
00:24:52:13 – 00:24:55:25
Richard Carthon: My final thought pro guys.
00:24:58:16 – 00:25:04:01
Richard Carthon: Well, we’re here to set for a for quite a while, right with the crypto space and
00:25:04:16 – 00:25:05:20
Richard Carthon: the metaverse
00:25:05:22 – 00:25:08:10
Richard Carthon: is now DeFi. So we’re
00:25:08:12 – 00:25:08:27
Richard Carthon: just
00:25:10:06 – 00:25:13:17
Richard Carthon: like the things as we’ve been talking already for the past
00:25:13:20 – 00:25:14:05
Richard Carthon: several
00:25:14:16 – 00:25:25:18
Richard Carthon: years about a blockchain word means what will bring to people or the mass adoption of it. So it’s finally starts to happen. Like now is the time when
00:25:25:20 – 00:25:27:22
Richard Carthon: we’re breaking dice getting
00:25:27:24 – 00:25:28:13
Richard Carthon: noticed.
00:25:28:19 – 00:25:36:11
Richard Carthon: And the real traction they use. Cases are happening. So few, if you have any doubts about
00:25:36:13 – 00:25:52:09
Richard Carthon: the space overall. Well, maybe. Well, perhaps you should look at it. Just a bigger, bigger picture picture and maybe change your mind. But if you’re if you’re a believer in the whole space, well,
00:25:54:05 – 00:25:57:17
Richard Carthon: just stay there long enough and great things will happen to you.
00:25:59:00 – 00:26:05:03
Richard Carthon: Great final thought again. Be persistent. Uh, if you see the vision of where this thing’s headed, it’s going to be massive
00:26:05:05 – 00:26:06:08
Richard Carthon: and I just want to
00:26:06:10 – 00:26:15:00
Richard Carthon: echo that because back in 2018, when I first learned about this space and I saw what it could be, I just knew this was going to be the future. And I I got in and decided,
00:26:15:02 – 00:26:16:12
Richard Carthon: like, how do I educate myself
00:26:16:14 – 00:26:30:17
Richard Carthon: so that when the moment comes, I’m ready. And it’s been really rewarding and cool. Just twenty one. Everything that’s happened mean all the opportunities that have come through the space to have been ready for this moment. So there is, I think that’s a good reminder to just stay ready, stay
00:26:30:19 – 00:26:32:03
Richard Carthon: persistent and good things
00:26:32:22 – 00:26:33:12
Richard Carthon: are on the
00:26:33:14 – 00:26:34:25
Richard Carthon: way. So there’s a really
00:26:34:27 – 00:26:39:02
Richard Carthon: appreciate you spend some time with us. What are ways that people can either connect with you or learn more about drops?
00:26:39:20 – 00:26:40:05
Richard Carthon: Yeah.
00:26:40:07 – 00:26:49:09
Richard Carthon: So it’s if you just visit our website, drops the seal or follow us on Twitter drops and the sea. And yeah, we can.
00:26:51:23 – 00:26:56:27
Richard Carthon: We also host like regular emails and reports and also
00:26:56:29 – 00:27:07:06
Richard Carthon: can join our Discord Community Telegram, or we can find either. So yeah, that’s how we can find us, hopefully to see their.
00:27:08:01 – 00:27:12:13
Richard Carthon: Perfect. Well, again, I really appreciate you spending time with us today and for everyone listening.
00:27:12:17 – 00:27:13:13
Richard Carthon: Stay cryptocurrency.
00:27:13:29 – 00:27:45:04
Richard Carthon: Hey, cryptocurrency crew, we want to give a quick shout out to all of our faithful listeners out there. It’s been an amazing journey and we really appreciate your support throughout the years as we’ve been growing as a community. Each episode, we decided that we would start sharing some of the reviews that you were leaving for us for today. We would like to share this review. Today’s review comes from Rene WA. I like their way of describing detailed and simple at the same time. We sincerely appreciate this review and all reviews and would like to ask that if you’re enjoying our show, please take a quick moment to go and leave a review on our podcast so that hopefully we can be highlighting your review next.
00:27:45:20 – 00:28:15:26
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00:28:16:04 – 00:28:46:20
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00:28:55:02 – 00:29:08:02
Richard Carthon: Thanks for tuning into another episode of cryptocurrency with Richard Kraken’s. We’ll be back with more exciting developments from the world of blockchain and cryptocurrency next week. But until then, stay cryptocurrency.
00:29:17:13 – 00:29:19:27
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00:29:24:18 – 00:29:59:08
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