Justin Caswell joins us to discuss Enabling the Connectivity of the Future with RevoFi.
Justin oversees the company’s vision, product strategies, and daily operations and is the Chief Architect of RevoKind’s communications system and distributed ledger technology. In 1995, Justin began his career in the military, where he gained first-hand experience using communication systems. Justin started a career in Communications and Data Systems as a data systems specialist in 2000. Over the course of the next eight years, he gained a deep understanding of communication infrastructures, such as terrestrial and satellites.
@justinwcaswell – twitter
@revofico – twitter
The following transcript was created using artificial intelligence. There will be some grammatical errors below.
00:01:04:19 – 00:01:38:21
Richard Carthon: Hello, everyone. Welcome to another episode of Crypto Current Your host here, Richard Carthon. And today I have a special guest all the way out in Denver, Colorado, working on extremely cool project that I know I’m excited to learn more about and you should be as well. Just because there’s so many elements that are geared on top of this amazing platform we have Justin CEO and founder of Revel Phi.
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Richard Carthon: How are you doing today?
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Justin Caswell: Brilliant. Thanks for having me. I’m happy to be here, so you know it’s great to meet you and and hopefully we can bring today to your audience.
00:01:48:24 – 00:01:59:20
Richard Carthon: You’re going to do that. Great. I am really interested in River five. Before we dive into all of that, I really want to learn more about you. Can you give us some background on yourself?
00:02:00:17 – 00:02:03:07
Justin Caswell: Oh, sure, I’ll give you the abbreviated version.
00:02:04:24 – 00:02:35:26
Justin Caswell: So my my background is, is Ben primarily communications? Most of my life. So, you know, just to give you kind of like a level set. So my mom was in communications, was all wireless, right? And so even whenever I was a little kid, I’ve been around it, you know, and computers and like the old school right out of school. And so I’d go out and help run like backups back in the day. And there’s like the old like taking real back, you know, backups and stuff like that. So I claim my first salaried six have been in comms most of my life.
00:02:35:28 – 00:03:07:26
Justin Caswell: I’m in the military and some ex military got out of construction for a while. I’ve been a bureaucrat in all kinds of things, right? But I’m also an inventor and an entrepreneur. And, you know, I’ve got some patents and things like that. And, you know, I think for me, whenever I got out in and got out in the world, in my career, it really kind of steered me back towards comms. It was always comms. And so I did a lot of industrial automation with communication systems. I did a lot for oil and gas companies.
00:03:07:28 – 00:03:45:20
Justin Caswell: I did a lot of work at Exxon in a different kind of automation systems like that, more of like an industrial scale. Right? You know, it’s a very diverse kind of background and not very kind of generic, I guess, as far as like normal normal founders, I don’t know. But but that’s kind of me in a nutshell, you know, and I’ve worked with all kinds of different companies over over my time. So, you know, course in to 30 to five hundred telcos worked on global satellite constellation systems and different terrestrial based systems as well all across America and different continents, too.
00:03:45:22 – 00:03:47:13
Richard Carthon: So. Yeah, well, that’s really.
00:03:48:05 – 00:04:17:04
Richard Carthon: Yeah. So first got to go back a thank you for your service. Next up, man, with all this background in commerce, it’s very fitting for your business with revivify. And before we dive into that, like how did you even get into the crypto landscape, right? So all this comms background, all this makes a ton of sense working with these fortune companies and just getting really, really good at automation around comms and everything with that was that first introduction into the crypto space.
00:04:17:25 – 00:04:20:04
Justin Caswell: Oh man. Yeah, so
00:04:22:09 – 00:04:28:11
Justin Caswell: it was really. So the first the first one was probably around 2012 with bitcoin,
00:04:30:00 – 00:04:37:15
Justin Caswell: but didn’t really take it that serious. So I was like, Oh, that looks kind of cool. Like, I’m going to go over here and keep doing this stuff that’s making me money now.
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Justin Caswell: I got you
00:04:40:11 – 00:05:13:14
Justin Caswell: had I only known and then I think just because I was in development work and I was doing a lot of different things in engineering, I was more focused on that at the time. But I think what really, I think what really sparked it is whenever I took because this has been a lifelong project, right? I mean, yeah, but I think what really sparked it was whenever we got invited to go up to the Aspen Institute and there was a bunch of different so this was the Nexus convention that was up in in Aspen.
00:05:14:04 – 00:06:01:21
Justin Caswell: I know as people from all over the world that, you know, they came there and met at different, you know, all kinds of different people. And I think that’s what really kind of like it’s like, All right, this is the way this is the part we need to get serious about it. And so that I think that was what really solidified me into the blockchain space and the crypto and bitcoin specifically. And it’s like, OK, well, how do we take all these years of patent work and development work? And how do we actually do something with that? It’s going to be valuable to the world, and in that was a lot of the conversations that was happening there at the Nexus convention, and there was so many different people in different projects.
00:06:02:15 – 00:06:19:27
Justin Caswell: And it was, you know, this is back in 2016 17. So, you know, it was still there was a lot of hype around it and this was before like the twenty eighteen crash and all that, right, the winner. So it was a lot of fun, but that was that was like the big kick off, I think for me, man.
00:06:20:12 – 00:06:54:22
Richard Carthon: Yeah. And you know, just as a quick aside, like, I know we’ve been in the global world the last two years, but like I’ve always been a big advocate and loved conferences, just because one, you’re getting to be introduced to a lot of new ideas, a lot of people with a lot of energy and a lot of different bike segments. But it also opens your mind to new business opportunities that are out there that you didn’t even realize were available. And you know, I look forward to hopefully when we get back to being able to go back to a lot more conferences and whatnot, but I digress. Now we’re looking at 2016, you start to look more at the crypto space.
00:06:54:24 – 00:07:03:22
Richard Carthon: You’re more aware after this next this conference and you have all these patents in comms. And then how does all that merge together to create rebel fi?
00:07:05:03 – 00:07:41:23
Richard Carthon: Yeah, great question. So, you know, in the great spirit of entrepreneurial ism, right? It’s always about product market fit pivoting. So, you know, part of the pattern that I’ve been working on for a long time and it’s in National Review right now is where you pass internationally that, you know, part of that pattern was was relative and what really makes it different compared to everything else in the patent is that it’s really the only physical aspect, right? Everything else is is really built in software and protocols and algorithms and A.I.,
00:07:42:06 – 00:08:27:25
Richard Carthon: but Riverside has always meant to be the physical layer. That’s the actual wireless portion of it. And that’s. We’re like your SIM cards, right, or your connectivity and everything else, all the physical stuff was was in relative volume. So then we stirred up an IP company and then we had some consulting work there. But this this was a company that we actually set up specifically to do. You know what, what it was designed to do in the patent and what really separates it? We tried a lot of different approaches to the market, right? And whenever you talk software to people, especially blockchain, I think it’s very esoteric, especially for small to medium businesses and just business people in general.
00:08:27:27 – 00:08:33:20
Richard Carthon: It’s very esoteric and it’s like, well, that sounds expensive and clunky, and I don’t know how I’m going to use it, right? Right.
00:08:34:08 – 00:08:49:01
Richard Carthon: So really quickly, I want to dive in just real, real fast. So revivify just at its base, if you give us like a definition of what it is. So my understanding is that, you know, on the website, it says, join the wireless revolution. It’s a device that has multiple ways to earn. So can you break that down?
00:08:52:06 – 00:08:54:06
Richard Carthon: Hey, cryptocurrency, true, this is Steve Miller,
00:08:54:08 – 00:09:20:02
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00:09:22:09 – 00:09:24:06
Richard Carthon: for sure.
00:09:24:08 – 00:09:58:18
Richard Carthon: Yeah, so real simply the devices for connectivity Wi-Fi six nine. So connectivity, storage and computing, those are the three ways that you’re going to be able to fundamentally earn with the device. Does that mean? Right? So it’s very simple from a basic standpoint of like if you’re passing data, i.e. if you’re gaming, if you’re streaming media, if you do, if you’re just doing anything on the internet, right, as long as you’re connected to that device, you’re going to earn right and then you can also lease out those resources back to the network.
00:09:59:13 – 00:10:15:21
Richard Carthon: And that’s where we’ll have like the cloud based services that are decentralized for businesses or app developers or whoever can deploy those apps throughout a network. And then they actually pay the network, i.e. you, the device owner, for any any utilization of those resources.
00:10:16:14 – 00:10:29:02
Richard Carthon: Interesting. So this is going more of the route of Wi-Fi. So would this be able to come into people’s homes and replace wi fi? Would it work in conjunction with wi fi? Like how does that work?
00:10:29:28 – 00:11:04:02
Richard Carthon: Yeah. So this is like the latest and greatest Wi-Fi standard that’s out there, right? So if you if you really want to upgrade your wife, I mean, there’s already Wi-Fi six mesh network appliances out there, but they’re not going to have any money and they’re not going to give you a lot of these other benefits, right? They’re kind of like singular purpose. So you could take this and upgrade your Wi-Fi six mesh in your home or just upgrade your Wi-Fi. In general, you’re going to get a lot better throughput than you would with with standard, you know, like life.I routers or standard network appliances.
00:11:04:12 – 00:11:16:22
Richard Carthon: Plus, make your money right? And it’s a lot and you get to do a lot of other things with it. And it’s Nvidia compute under the hood, right? So there’s there’s all kinds of things that you can do with it, as well as the cellular and satellite backhaul and the SDR radio.
00:11:17:22 – 00:11:32:20
Richard Carthon: So just to break that down, I’d be able to add this in conjunction with my router. It’s going to speed everything up and we’re able to do a lot of things faster, earn money and tell me a little bit about the privacy. So like, how is it able to also make sure that everything stays secure?
00:11:33:08 – 00:12:06:00
Richard Carthon: Yeah, it’s a great question. So it’s all a private network, right? So we’re we’re fundamentally changing how we look at private networks. It’s not like, Oh, I have to go buy a VPN and I have to do all these different security settings and everything else. So I think the main one of the main goals that we’re really trying to accomplish is simplifying security, simplifying authentication and Lauren’s all that kind of stuff, right? I mean, those are kind of some of the longer term goals. But but essentially it’s it’s really all a private network D0.
00:12:06:05 – 00:12:38:01
Richard Carthon: And so you don’t need a VPN because it’s already a private network. And then whenever it comes to privacy and security, you know, we’re using all the latest industry standards as far as you know, making sure that we’re using the proper encryption and secure boot and all those different types of things. So it’s not like the data you put on. The devices are wide open. It’s also not like if you put that device and the resources back on in the network and allow people to use it. It’s not like it’s, you know, you still have some security control measures there and there’s still like a DMZ.
00:12:38:15 – 00:13:08:07
Richard Carthon: And I think, you know, one thing I would say is that the technology for networks does advanced substantially over over the last 20 years and. Whenever we look at what we have in our homes compared to the technology that’s available, the gap is just way too wide. Right? I mean, and I think that’s why this device is a paradigm shift because you’re getting a lot more out of your network appliance rather than just simply connecting to it and calling it a day.
00:13:08:26 – 00:13:36:18
Richard Carthon: Yeah. So let’s let’s break that down a bit more. So I’m sure for a lot of people listening to this. So again, for everyone listening, this is a physical device. Now, some people who are kind of aware in this space know about like crypto mining. So you have your miners, whether it’s be for bitcoin, whereas just basic miners some people even know about like the helium network and helium miners, et cetera. You explain like kind of the differences between like helium versus what you have going on with Rebel five?
00:13:37:13 – 00:13:38:29
Richard Carthon: Totally. I’ll try to do my best here.
00:13:40:25 – 00:14:14:01
Richard Carthon: So to be very simple and macro level. So helium is really focused on Laura and Laura Lynn and Laura fundamentally as an iottie messaging system. It’s a very lightweight. It’s a trip type protocol, right? And so you can only send like really light like messages over it, right? And that’s that’s really what it was designed for. And it was designed for a large area of coverage, right? And so that’s why the the frequency bands that it uses has a really good kind of propagation.
00:14:14:13 – 00:14:45:27
Richard Carthon: So you get a lot of coverage, right? Lightweight messaging over a long distance makes a lot of sense, and you can do that fairly easily. But what you can’t do is you can’t take Laura and then try to stream Netflix, do that or play gaming through that or anything else. So it’s really just a lightweight messaging system, whereas with us, it’s all, it’s all broadband, right? So it’s it’s high throughput gaming. It’s streaming media. It’s you get like four different channels just on our one device alone.
00:14:46:12 – 00:15:27:12
Richard Carthon: So you can have, you know, up to like 20 different people playing through that single device and streaming media and doing all kinds of stuff with it, right? So it’s got a lot more throughput, but it’s more limited just simply because we’re talking with five six, right, which is this massive coverage area. Now, when one of our devices, you get the SDR, and that’s just a software defined rating that you get, you can get all kinds of different variables for coverage there. But that’s the primary difference between at least helium and us, right, is that they’re focused on Laura and Laura when I was messaging lightweight stuff, whereas we’re broadband high throughput.
00:15:28:04 – 00:16:03:15
Richard Carthon: You know, a lot of the kind of more everyday use. And then the second thing I think that’s the biggest differentiator is that we’re mobile versus they’re static, right? So whenever you place a helium hotspot somewhere is that GPS location is just proof of coverage. All that stuff is very static, right? So their consensus algorithm doesn’t really allow for mobility, not without doing a lot of really fancy stuff to make that happen. Whereas with us, we’re mobile day zero, right? So you can take our devices anywhere, anywhere you have connectivity.
00:16:04:01 – 00:16:07:12
Richard Carthon: And so that’s that’s kind of probably the two biggest differences between us.
00:16:08:07 – 00:16:25:08
Richard Carthon: That is an interesting concept. So with it being able to be mobile and I guess another question on pack is, is a lot of this just going through data flow? Is it actually mining like you need tell about? Like what is the consensus more like the reward system of like how it’s working on your device?
00:16:26:01 – 00:16:58:19
Richard Carthon: Sure. Yeah. So I think, you know, just going back to the to the three kind of core concepts of what we’re trying to do and that’s we want to we really want to reward for utilization. I mean, that’s that’s fundamentally what we’re trying to to incentivize here, right? And what we’re really talking about is moving traffic from your your old Wi-Fi system, your old networks on this device, right? It’s better anyway. We want to incentivize you for doing that. And then we also want to incentivize for sharing resources back to the network.
00:16:59:07 – 00:17:37:06
Richard Carthon: We really it’s really about that mindset of becoming a business owner, right? This is this is more of like a franchise if you want to think about it like that or how are you going to kind of use the terminology? But the essence of it is that you’re a business owner. You can earn through storage and compute by kind of like leasing. That back out is like cloud services, if you will. So rather than, you know, developers paying say, like Amazon or Google Cloud service, now they can launch those applications on the far edge, which they get better reactivity lowers their costs.
00:17:38:00 – 00:18:21:12
Richard Carthon: I still have things in there, but how it really works under the hood, fundamentally, right? As we just say, how much resources do you have? How much of that are you putting back to the network and how much of that is actually? Are getting used, and then that actually calculates what your rewards are, i.e. how much rainbows that you’re going to mint in and the epoch rate for that. So that device, so you get a really nice broad spectrum of variables for earning potential. So it’s not just a singular kind of myopic way to earn where it’s like if you if you get a bitcoin miners and the other miners out there, you know, they’re kind of singular purpose or, you know, it’s like you can only do like strip mining or whatever.
00:18:21:25 – 00:18:53:09
Richard Carthon: So I think the fundamental difference here is, you know, we’re really trying to provide multiple ways to business owners, i.e. device owners to earn right. And we don’t want to just stop there. We want to keep improving the devices over time, want to add more capabilities to it over time. So I think we’re fundamentally starting with the commodities of connectivity, storage and compute because those are commodities and we’re just tokenizing those commodities with reverse.
00:18:54:21 – 00:19:10:03
Richard Carthon: Yeah, thank you for breaking that down, it’s a it’s super interesting, man. So these these devices, they’re called our spots and I see you have three different types, so you have our Smart Link Pro the our spot link in there, not the our spot micro. Can you kind of break down like some of the differences of each of these?
00:19:10:24 – 00:19:46:18
Richard Carthon: Yeah. So the the link is our base model right now. It’s like your your entry level kind of model, if you will, and get to your Wi-Fi six mesh. And by the way, these have Wi-Fi five and then as well, we’ve got a long range five five five chipset. And so you can actually use that for connecting back to your to your internet rather than just the hard line. And so that’s another feature that’s available in all. All models have that right. So you get Wi-Fi six mesh with my five, five and a five port Ethernet switch in each one of these devices.
00:19:46:20 – 00:20:22:19
Richard Carthon: And so that’s the base model. The Pro has everything that the league’s got, but then you get satellite and cellular backhaul capabilities. So there’s there’s two and. There’s two ways that you can do that, right, so you actually get a mini PCI slot and you also get an MD to TV slot was very simple terminology, right? Is that’s kind of like the two Io slots that you can take any module pretty much anywhere in the world for cellular or satellite.
00:20:23:01 – 00:20:59:09
Richard Carthon: And you can drop a module in there and then go get a SIM card and a data plan and now you’ve got connectivity. So the modules, if you if you look across the market, the modules themselves right for both cellular and satellite kind of fall into those two form factors, i.e. mini PCI or CCB. And so that the key is more for like true cellular 5G, like all the new 5G models that are coming out. That’s what the key is for, you know, 4G and kind of some of the other previous versions of, you know, just the cellular technology standards.
00:20:59:24 – 00:21:30:06
Richard Carthon: And then most satellite models are mini PCI e right. And so whenever you drop those in there, that that gives you the ability for cellular satellite backhaul and then you can kind of move that device in anywhere in the world. The the micro, the micro doesn’t have cellular satellite capability. It’s got the standard features just like the other two, but it’s got a special twist and it has a software defined radio in it. So the software defined radio is a it’s actually a hacker f one radio.
00:21:30:08 – 00:21:32:08
Richard Carthon: So it’s got a massive
00:21:33:23 – 00:22:05:03
Richard Carthon: spectrum capability that you can that you can utilize there. And what that really means. Software defined radio is is really just it’s a standard Open-Source hardware based radio that has been around for quite some time. There’s a ton of different things you can do with it. And all it really means is that I can take software which it down to my my device, right? My iris, but microUSB. Then I can run that software on that radio. How right, however, I want to do that.
00:22:05:18 – 00:22:42:04
Richard Carthon: And so essentially, I can just change out the programs, right? I can. I can run a weather app where I can run a backhaul app or I can run like whatever I want, right? And I can even run iottie platforms and messaging systems and stuff like that. So there’s there’s a ton of different use cases for for software defined radio. And again, this is all back to earning potential, right? But that’s the that’s kind of the main differences between the three sets It’s. a base model and you kind of get a break up between like, OK, do you want more of an industrial SDR or do you want more of like, I want to put this in my RV and cruise around the world?
00:22:43:02 – 00:23:11:28
Richard Carthon: Got it. Man, thank you for breaking all those down. I’m sure a lot of people who are interested in this are going to go back in and listen to that break down. So thank you and especially for you for talking through a lot of those acronyms because a lot of this is definitely newer knowledge to me as well. So I really appreciate those those breakdowns. So. What you have is really interesting, really cool, I think a lot of people are going to be interested in it, but another element of this is that you actually have your own NFT play as well. Can you kind of break that down?
00:23:12:16 – 00:23:54:02
Richard Carthon: Yeah. So one of the one of the things I really wanted to do and this is more of like the the creative side of it is trying to get out. But now I wanted to create an NFT marketplace, not just for us. I think we’re going to start with with, you know, letting me kind of get my creativity. Plus, I wanted to do something kind of specifically special for our devices, right, that you don’t really normally see. And that was really taking an NFT and our physical device and making those two things kind of go hand in hand, right? So every time you buy a Founders Edition device now, we won’t do this for very long, but very Founders Edition device.
00:23:54:04 – 00:24:30:21
Richard Carthon: So get an NFT that goes with that device. And you know, and I think the idea right is that in the app that we’re going to be releasing here pretty soon, you’ll able to go to the app, see your NFT and then also actually go over to your device and use air, you know, augmented reality and actually see your device in three dimensional spectrum, if you will, and actually see it move and animate and all that kind of stuff. But the whole point, I think, to the NFT marketplace is that we want to open it up eventually to other creators and we want to have another type of art.
00:24:31:09 – 00:25:06:27
Richard Carthon: There’s all kinds of things that I think are potentially available there. We’ve even looked at a time in NFT to potentially like our AR go. You know that we want to potentially do for just the network. But I think in the next 60 to 90 days where we’ve got to improve our development platform a little bit more for our NFT marketplace, we’ve got some work to do there. But you know, I think once it’s ready, we want to do a full candy machine and gumdrop and really, you know, probably produce around three thousand, maybe a little over three thousand entities.
00:25:07:19 – 00:25:40:11
Richard Carthon: And then I think that would be like where we start and we’ll launch the platform and then we’ll really start looking at who can we open this up to and how do we open this up to other creators and really create more of a community where you can come in and create your own NFT, right? If you want to mint that and sell that as part of as part of the site for me, then I think that’s what we really want to do with it. At least fundamentally, that’s the start, right? And that’s how you get access to the network and you get access to devices and all kinds of stuff, and they’re all game ready assets.
00:25:40:24 – 00:26:09:04
Richard Carthon: At least the ones that we’re building. So I built all of them in Unreal Engine. So I think some of the gamify stuff that’s coming. We want to take those assets. All of our NFT is right. We want to go to some of these marketplaces that are coming out for NFT assets, for games and say, Look, you know, you have an NFT, we’re going to get this into this marketplace. And so now you can play your NFT in your games. Right. So that’s the idea.
00:26:09:28 – 00:26:23:17
Richard Carthon: Got it. Yeah, I mean, man, you’re adding a lot of different layers to this and it’s going to continue to develop out. I thought it was interesting that you have it built out on both the Solana and Eve ecosystem for four reveals itself. What ecosystem is it under?
00:26:24:14 – 00:26:58:27
Richard Carthon: Yeah. So Rebus is our is our own. So we’re we’re kind of building our own, if you will, under the hood. So it’s our own layer one we’re taking from, you know, so we’re taking from a few different sources there to get it all built out. But you know, we looked at it to just to give you a background. So we look at fact we looked at we didn’t even look at helium to some extent, right? We looked at obviously Ethereum. We look, you know, there’s a ton of different blockchains that we looked at and Cayenne was another one.
00:26:58:29 – 00:27:34:17
Richard Carthon: And then, of course, the pattern and the technology that you know, that we’re bringing to the table with my pattern as well. And so that’s where we’re really starting out is we we’ve kind of taken some of these different technologies to build something very unique with a very specific roadmap where I think right now we’re starting with stuff that’s out there. It’s tried and true is tested. So we don’t really have to do a whole lot to it, right? And then I think we can improve from there and then really start road mapping and the technology for the patent that we’re that we’re creating.
00:27:34:19 – 00:28:07:28
Richard Carthon: And so I think that’s a little bit longer term to get some of that tech built out a little bit more cost heavier lift for non-recurring engineering, but I think. Fundamentally, where we’re headed right now, we’re using a lot of well known technologies under the hood, so it’ll only be later on, you know, probably within the next 10 months or so, 10 to 12 months when we’ll actually see some of those new protocols that come from my my patent being implemented and integrated. And that’s really part of all of this.
00:28:08:04 – 00:28:53:22
Richard Carthon: Fundamentally, at its core is what I’m really trying to do and what we’re really trying to accomplish. And that’s really to create a better internet, not just a free and democratized internet where we all own it, right? Which is the real goal. But we also want it to be a better internet. And so fundamentally, we want to change from how it works and a protocol layer, right? Everything’s running on TCP IP today. And the goal is we’ll actually use future internet architecture and that’s called name data networking and eventually all the traffic that’s on our network and all of the traffic that’s out there, that it’s going back and forth and all the data is stored and all the computers being used will no longer be running on TCP IP, but it will be running out to train architecture and that’s named at a networking.
00:28:54:29 – 00:28:55:14
Richard Carthon: Wow.
00:28:56:09 – 00:29:11:29
Richard Carthon: So this has been very eye eye-opening for me, and I’m going to go back and even listen to this a few times just because there’s a lot to unpack with this. But ultimately, this sounds like you’re at the beginning of the next revolution of II. And as we know it in.
00:29:13:16 – 00:29:40:12
Richard Carthon: It’s too prone, right, so you get this device, typically you have to go and pay, you know, a local provider to be able to run your wi fi, have your cellular, all this stuff and of course, you’re spending money constantly. But it sounds like in this scenario, you’re not able to get this device one time, pay for it, and now you’re earning money to do all of those same things. Am I? Am I capturing that right? Because if I am like, why wouldn’t someone want to do this again?
00:29:40:14 – 00:29:40:29
Richard Carthon: Something else?
00:29:43:14 – 00:30:39:24
Richard Carthon: Well, a lot of people that, you know, I think I think we’re all trained to be honest, right from from day zero. It’s like, Oh, well, this is just a network appliance. You just put it in your basement, you put in your closet. Don’t think about it. Don’t don’t, don’t touch it, whatever. And I really want to change that, right? I think that. It’s kind of been taken away from us to some extent, and the internet was really meant for individual people, it’s always meant to be decentralized, was always meant to be peer to peer. So I think if you look at what you’re able to do with these devices and the fact that the way that I’ve really engineered design is to to be a long lifecycle device, right? So I want these devices to be around for at least a decade and most of the projects and things that I’ve done over the years, like you can still go out and see towers and things that I’ve built, you know, 20 years ago, and they’re still up and operational today.
00:30:40:10 – 00:31:20:09
Richard Carthon: And I think that still holds true here. Like, why would you want to go and buy a device every every year, every two years, whenever you can take this same device and it’s going to get better? We’re going to improve it from a software standpoint. It’s modular from a hardware standpoint, so we can upgrade models. You can make it better over time with simple upgrades. And and I think that’s really the goal, right? So is it’s it’s going to get better and you can upgrade it and we’re going to add more earning potential over time as well. And the more we can tie in and have more ideas, tie into other blockchains and other networks, it’s really going to open up a lot more.
00:31:20:11 – 00:31:31:11
Richard Carthon: I think earning potential as well that we haven’t even seen or thought of yet. And once this is out there in the hands of so many people, there’s all kinds of things that we haven’t even thought of yet to deal to do with it, for sure.
00:31:31:13 – 00:31:41:15
Richard Carthon: I mean, it sounds like an exciting thing to definitely be learning about and to be able to be a part of it to that extent. I believe you have a token sale going on right now. Can you talk about that?
00:31:41:25 – 00:32:12:07
Richard Carthon: Yes. Yes, we have. So rooibos is live. We’re selling that right now. You can go to Revo Stock Holdings. That’s the website. So just our stock holdings. And right now, you know, ribose just five cents. You can pick up as many as you want. We’re selling 40 million reverse and that’s we’ve been mining rainbows on our testnet for quite a few months now. We’ve already launched Mainnet, at least internally.
00:32:12:09 – 00:32:45:18
Richard Carthon: So it’s it’s a test. So, you know, we’re getting really close to that. But and then the app is about to be released here in the next week or so. So you’ll have the robust wallet available so you can go on to read those holdings. You can buy as many rows as you want right now. And, you know, we’re not planning on changing the price or anything like that, so nothing too crazy there. So you can go out, buy it, and when you get the app, you download that and create your wallet. Put that in and we’ll do the distribution after the after the token sale, but it’s been going fairly well.
00:32:45:24 – 00:33:08:08
Richard Carthon: We had our first little launch was a little bit of a snafu. There was a lot of people that they were they were buying it up, but they weren’t actually paying. So but now it’s pretty. It’s pretty steady. And we’ve got a lot of people that from around the world that are buying up rainbows. And so get out there and get them now. I mean, they’re going to start it again. This is it
00:33:09:01 – 00:33:42:04
Richard Carthon: for sure it will. Well, thank you for putting that out there. And you know, Justin, again, you’ve you’ve definitely enlighten me a lot as it relates to comms and how you are taking all of your wealth of knowledge and patents and bringing it to the world of crypto, blockchain and in the future. I always like to wrap up the show with two fun questions, and the first one I always like to ask is with all the information you have right now, if you go, if you could go in part one, the two pieces of wisdom to yourself when you first got started on revivify, what would you tell yourself?
00:33:42:21 – 00:33:43:13
Richard Carthon: No, man.
00:33:49:12 – 00:33:54:14
Richard Carthon: I would say. Get supply chain and where will it go a lot faster?
00:33:57:07 – 00:34:01:21
Richard Carthon: Physical products are hard. Prototypes for easy manufacturing is difficult.
00:34:02:14 – 00:34:21:29
Richard Carthon: Yeah, it’s definitely understandable. I know, um, back when helium was having this enormous surge. The man was so high, but the supply was just incredibly low. So I cannot imagine, like as this begins to take off, how that same challenge could be faced here.
00:34:22:06 – 00:34:22:21
Richard Carthon: So
00:34:23:27 – 00:34:59:25
Richard Carthon: yeah, we’ve spent we’ve spent months on our supply chain going back working with suppliers, you know, just trying to get it solidified. And so we’re bringing in a lot more people to help us really make sure that that part of our of our business, right. And. And really, it’s for the whole, you know, global community of people that want to deploy this. And so it’s really them we’re working for. So we’re going back and saying, Look, we need X amount, you know, over X amount of time. And so it’s it’s quite interesting, especially this last several months, but historic challenges and supply, to say the least.
00:35:00:12 – 00:35:07:29
Richard Carthon: So but we’re doing pretty good in that spot. I think we’re in a good position and we’ve got great partners, so we’re pretty blessed there with it.
00:35:09:25 – 00:35:15:25
Richard Carthon: Excellent man. And what as we as we wrap up, man, what is a final thought that you want to leave with all the listeners here today?
00:35:17:16 – 00:35:21:29
Richard Carthon: Oh, my final thoughts. Everybody is.
00:35:24:06 – 00:35:56:13
Richard Carthon: I think that if there was one thing I would want you to do, it’s really to think about this paradigm shift that we’re that we’re in right now and how much dedication you really want to put into an old system or build on old systems versus do you want to put your energy and effort into building new systems and where we’re headed, right? And the reason I say that is because at some point I made this decision. I’m no longer going to build legacy stuff, right? I’m not going to improve legacy stuff.
00:35:56:25 – 00:36:25:28
Richard Carthon: It’s not going to do it. And I think that was really the divide for me. And so if you’re really wanting to get into this space, really start thinking about dedicating yourself to to that cause, right? Stop building legacy, stop stop building legacy infrastructure and tools and tooling to start building the future because it’s right here, it’s right now. And I think that’s where, you know, I think that’s where prosperity and self-custody and so financial freedom and independence comes from.
00:36:27:08 – 00:37:00:04
Richard Carthon: Justin, I think that is a great final thought. People might want to run that back there. It’s important that we keep innovating. It’s important that we keep empowering the next generation to be able to have a lot of what used to be into the corporate structures and come play in my world and allowing people to decentralize and allow people to have choices. And I think this is a really cool product that allows for that. And again, I appreciate you spend some time to educate us all on this. So what are ways that people can connect with you, Justin, and learn more about rebel fi?
00:37:00:26 – 00:37:02:15
Richard Carthon: I mean, there’s all kinds of ways to hold. I,
00:37:04:21 – 00:37:41:24
Richard Carthon: you know, just going out to robo Viacom is probably the best place to start. And then, like I said, Robots Holdings is a good place where we’re pretty active on Twitter. We’re trying to get better on some of our other social media platforms. But Discord, I would definitely, you know, if you guys really want to dive in and get some information and see what the community’s really up to, you know, we’re growing really fast. We went from, I think, a thousand users the beginning of December. So I think we’re I think we’re over 5000 users now or seven thousand I can’t remember now in the last 30 or so days.
00:37:42:06 – 00:37:47:03
Richard Carthon: So discord is where it’s definitely happening if you guys want to get out there and get involved.
00:37:48:00 – 00:38:24:00
Richard Carthon: Perfect. Well, Justin, thank you again for sharing information and for everyone listening. Stay, cryptocurrency. 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 Josh Crist. Whether you’re well-established as someone who can translate creative energy into the impact you want to have on the crypto world, or just getting started as a catalyst for change within the industry, this is a must listen for you.
00:38:24:11 – 00:38:56:07
Richard Carthon: Richard does an incredible job, leading conversations that cover a huge breadth of topics related to the ins and outs of navigating an ever changing crypto landscape. The leaders who actually walked the path highly recommend listening and subscribing. 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. Simply go to our show notes or go to our website where we have a link, where you can share your review today. Hey, everyone, I hope you enjoyed today’s episode.
00:38:56:15 – 00:39:31:25
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00:39:32:16 – 00:39:52:00
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00:39:57:22 – 00:40:10:19
Justin Caswell: Thanks for tuning into another episode of cryptocurrency with Richard on. We’ll be back with more exciting developments from the world of blockchain and cryptocurrency next week. But until then, stay crypto current.
00:40:20:05 – 00:40:22:18
Justin Caswell: Three U.S. citizens now.
00:40:27:10 – 00:41:02:00
Justin Caswell: Thank you for joining us for another episode of cryptocurrency. Just one quick reminder cryptocurrency is a cryptocurrency and blockchain education platform that’s bridging the gap between the curious newcomers who are just discovering the space and the thought leaders who are shaping its future. All opinions expressed by Richard Carson, the cryptocurrency team, and their guests on this show are exclusively their own opinions. You should not treat any opinion expressed by Richard. The team and their guests as a specific inducement to make a particular investment or to follow his financial advice. This show and any other crypto production is exclusively for informational purposes.
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