Ethereum Zug Meetup: AKASHA, Aragon and Status

Crypto Valley Ethereum Meetup (May 2017) · 1 May 2017 · 50:33

Full recording of the Ethereum meetup held in Zug on 1 May 2017, with three of the year's most watched projects presenting side by side: Mihai Alisie for AKASHA, the social network built on Ethereum and IPFS, alongside Aragon, then pitching itself as unstoppable organizations, and Status, the mobile Ethereum OS. Filmed in Crypto Valley six months before Devcon 3 in Cancún, it is a snapshot of Ethereum History from the spring when the application layer started to feel real, and an early look at the Decentralized Social and DAO ideas that shaped the next cycle.

Speakers

Topics

From Crypto Valley Ethereum Meetup (May 2017), hosted by Crypto Valley Association.

Transcript

we had tonight see interesting companies here to present it was made last moved on really thanks a motor who's somewhere along here and set it up until three interesting companies in the space are available for presenting their projects and then I'm here basically I didn't know and little as you guys so we just needed to move parallel to introduce the resting and them they will have about five ten minutes each and they will have a Q&A of the curator networking ideas so we're pleased keep quiet because using this little noisy background of you can

give if you need to talk go outside nice and ring hello wasn't I sent them and hold it thanks a lot for orienting odd is that mutant and monitoring the possible so a certain sense you know where fans that have one of they don't like my personal life fabric rates are now in in the in the space all in the room also known as here they're Nova near we hear Soviets in a stroke estate and we have a custom which also from Ruby hi the cofounders of the theorem and we have a salad which is one of the best design that's in the state and it's pretty amazing

so I'm really coming to repair this and then we have hiring which is which is / to me and we are going to talk about videos the NFB on what we are building as well so welcome in high school estate he will talk about piccata [Applause] anyways one well but quite a crowd before we begin I'd like to ask how many of you have heard about Akasha we tried it before okay quite a few for those of you that don't know what Akasha is it's a social media network or by the human blockchain

and IPSS later finding the interplanetary file system basically what we aim to do was to experiment and see if we can use these new technologies to solve a really big problem on the Internet that wasn't solvable until now and we did some searching we did some soul searching and after what we figured that the censorship is quite a big one and so we began experimenting without telling anyone what we were doing for a while until early 2016 and by then we had a working prototype which in May we

announced we open the Alpha signups or to test the Alpha we're currently very happy to say that we have our Assessors at home for over 3,000 people that has created their own identities that they are fully owned by themselves and we have been able to provide the free channel of expression for over 5,000 article articles published in a completely censorship resistant fashion so in other words the first page of the experiment is a success and we have proven that the idea of can work those of you that resonate Visa

freedom of expression and privacy are encouraged to digital cache adult world and from there you just click the download of version works on Windows Linux and Mac OS and we're looking forward to seeing you on Akasha and on our slack all right hi I'm Gerry here from stateís Johansson ahead of us and that's it to pray this is our no status is a sort of mobile web 3 a hybrid browser and messenger it's if you play business at all on desktop we're aiming

to be sort of missed for mobile so the idea here is that you can browse these adapts by html5 apps on your phone obviously you can transact by your wallets and do some payments um it was originally we got this sort of dev grant from the foundation to support it there in Jay over to the Android devices and at a time we're actually singing the full blockchain and you can imagine your phone gets quite hot and you don't have too much disk space but we actually did manage to get it running on a SmartWatch at the time which caused some response but you know pretend thankfully like we've been developing in parallel with the gulfarium team and they have now runs the point where there's a white

client protocol and it's working really really well so we have to do this anymore and we can actually be a real decentralized node at participating in your theory Network on your device so there's no service as no middlemen no no so Trust required then like as we were developing this from kind of thinking okay how can we maximize the surface area for a therians option I mean we're all critical nuts in here we have some kind of tokens and we like to play around with them but everybody up there they have no idea what we're doing right so once we basically sat down we're like okay how people using

their their phones how they kind of interacting with the world and it turns out if you put it these sort of traffic analysis and user analysis over over all the sort of apps that are out there you have messengers as being the most monthly active users in fact it's three times the amount of browsers and that's really indicator of how people are communicating with their devices so for us to maximize the surface area what we really need to do is have a familiar user interface that people can interact with are free and don't even necessarily need to know anything about photography and so they get started to turn into more of this messenger sort of

format so yeah we can do building that out but a large component of that is is this sort of trust lessness and privacy and sort of freedom of speech that we need to touch upon um and there's another reason for going to about in the moments I'm concerned is all to fly events like that there is me yes good all right something about privacy yet okay so thank you I'm so used to be in their sales again so basically we have the ethereum blockchain and we're using that

constantly to do a sort of transactions over let's kind of solve the money problem in ourselves a sort of smart contract problem but then like because we have this sort of messenger how do we solve that as well does anyone know the other two protocols that are part of your ferry and we've staff and not not these guys then anyone so yeah this will end too long exactly misprint all those who don't know whispers if you centralized data routers sort of messaging service and it has a lot of really interesting privacy properties the other ones swarm that was mentioned is a distributed file storage so you can upload your photos or audio messages and that sort of thing so you kind of combine them all together and

really put them into a nice little package and now we're just kind of working with other people in a space so you need to adapt developers and they can browse over directly on the frontiers to these particular taps and we're rolling out an API things you can actually integrate with the chat context making you command that sort of thing but there's also this other problem we've been thinking about quite a lot and if you start looking at like other sort of social networks and other kind of applications the cut is scary because there's this sort of what things crop up quite frequently is a social social network it has a particular owners the company they have to try and monetize it essentially

this free service and so they end up creating this sort of advertising platform for advertisers to come on through now you essentially have three parties you have the advertisers you have the company and you have the users and unfortunately the incentives don't necessarily align very well so what we would like to do is flatten that out we want users via owning and operating the actual network having control over the software that they're using to communicate with their friends and they loved ones and I think as we do that we can start creating a new unique sort of trust with ways where we actually have control over our daily lives and beyond just our fine final financial to defer whatever anyway I

think that's it so thank you very much so I'm late for Miriam I'm going to start with distinguished enough I started when I guess how many of you know arguing cool so we basically are wasted math and create videos a very easy way we try to make it as easy s over time company or even easier so we have the gap cap tables folding system roll system fundraising Gandolfini legal I knew either private or in sales or public building service which is very hard with people just like I do in

paying like some mediums to some random banks and other kind of like just send a similar with a high place which is person using and we doesn't have the cover equal dialogue system so you can customize your you can basically customize your company or your organization to behave as you really wanting to make your organization work for you in you in new ways so you want to be like oh how idea works so I love creating me in this basement they want to use us for governance it's a easy tool you can download it for free linux mac windows was a web version the lease release and it is release it is going to totally create your game system like free place and it works for most

everything you can create like an ideal you can create a company you can either like create your marriage and like assign 50 percent in your dear by a 50-person to yourself and heal up the word because it's going like customizers I love them then both your knees are you drink each other get it and so yeah we're conditioned other efficient reckoning very very easy and also kind of being like a calm vertical froze videos so to each other exude will be very cool to live in a world in which we have all our organizations and for example we can have something similar like angularly for for you know decent life organizations and you can electric events like you know it's coherent from

this organization has induced more than 10 times day put some money to donate whatever that's kind of the stuff can be done now which is pretty amazing not by you know lawyers and light vampires who lets take money out of your pocket so as you know in what you're like signing or doing so that's pretty cool we also building does something that we call the Aragon Network which is our solutions likable hard also repent issues that we found on the way to make envisions rights organizations widespread so one of the implications algorithm you see how you make sure that your organization is you know up to date that you have the latest version of the software that you don't have like a body very similar

without added like you know but happen so you do want to make sure that that kinda stuff doesn't happen absolute and secondly we're also fixing kind of decentralized arbitration so you know the smart contract you can make sure that you know for example if I'm an employee that is what you would get there you know he serves is so personal and also his salary and nobody can tamper with that not me not employees it's a smart contract on the steering blunting that's it however humans are kind of very interesting kind of you know living and so we've all thought very random south of of context above human behavior that is very hard for you

theorem to opt in or for any machine to breath and so we are going to kind of decentralized rejection in which you can basically have the gas Supreme Court even with another Supreme Court just like a pretty sure marketplace of judges and are basically able to arbitrate your deeper disputes in your organization so we believe that's key for decentralized organizations will happen at scale so you know we we're pretty much looking at data where there are ways to know someplace to run businesses I guess sue is also like an awesome place so we have looked at you know these places what they have in common and it's great because they they attract investors they

get securities investor the insecurities with the preneur the attract is kind of you know environment the next system and finally they make a huge you know it's great network of people and they create network sense because you know if I'm an investor for example and you know learn is the preneur and you don't have a company set up I would probably tell you you gotta create a Delaware seeker for me to put money in there so this creates huge Network effects we are trying to build camped at the Delaware of decentralized organizations and it's very cool because would be a years ago let's make the Diego cells upgradable so it is a living organism of its own and the token holders from the DA yo that that huge centralizer is externally the Iowa Network come both to change every

single parameter of this video and so that results in kind of it being a living organism that change over time to maximize its forward to create wealth I'm very cool about not like human beings create that other living organisms so so yeah very BAM three here and I guess become knowledge are pretty Pamela captain yeah dear hey don't succumb here you go cool son I have some questions prepared nothing very firm ro you guys want sir any question as well that we'll

be worried so I think what we have like polling going here like all the breaks here so we are why don't we like something not right regarding these time and and us I think you know often moments I download the gossip for examples to the moment sites right out Silas and I think I attend message to one of you guys did yet reply that was written because when you you know basically life or even in theory like a year ago or be spent four years ago you were trying out stop and it was like online stuff or whatever and now we're seeing how you know in the case of you guys you mentioned that you will really have user losing your drop dead so this kind of a question for you guys what do you think is the role of design and UX

in creating blockchain projects new communities discharge in our case after the first prototype which were black text on a white page the classes we decided that we want make things simple to us but significant in the way they work in the background so instead of forcing the user to download an ATM client open the command-line your residue is 90% of the people type in some command line you the another 9% of everyone feels going up so me and in our case we managed to bundle together and

helium climb the gate client and then an IPSS client and basically when you re starting the application on your computer as your computer becomes nikki areum house and an IPSS know so your computer is running on its own node in the network but in the end why did you download the application in the first place maybe you wanted an alternate external medium or to Facebook or to Peter what's important to you is the ability to publish information online and you know have a surface-area nature and when it comes to does that information stay online or not it's not up to do some platform to decide with your account

gently still used by you or it can be frozen or deleted or all your pictures and blog posts look it happened many times so in our case the user cares about that sort of thing not about configuring the imperium client and ITSs ports because there's some conflict with whatever else Ricky has installed so from the get-go when we download the application we have like some sort of Windows 95 98 style in our it is some pictures and text and in the background you have like the status downloading the iam client so the person just has to do that application is

downloading be compliance is configuring the imperium client and private network we're using for test the ITSs node and the synchronization starts right so in about the five minutes or so we also is using the awesome media my client by listing gear we haven't released yet the version with a life plan that basically means that penis greatly reduced the same time which was entered watching site which was a problem in itself and we are now undergoing a code refactoring and a major redesign where we try to apply the insights we gained during this five months of public testing and I think it's going to be

great because we are also going 2012 version the content published through this network will be accessible to every ITSs net network node and the application itself and maybe you can also talk about recipes will be actually leaving on the ITSs network so any IDs s no than gateway from anywhere can access the data published on the ATM network an IP offense and for the user Indian does what matters they want their content to be there and found by people we're also using whisper and we created like an IRC style the old-school chat rooms for people to interact the unseen protocol and I think once we move past

I'll find the testing stage these projects will come together like you know Power Rangers unite yeah certain something to that the medical nurse can comprehend now can be were born from from this cooperation so in our cases to the Famicom design was added for an attempt to make it simple to use for users inviting to learn actually what's happening in the diaphragm because you can click view details and you something up but leaving up leave it up to do that don't force him to make all those hard steps and just give him what he's interested simple and Janica that's it

however do nice yeah I mean it all comes down to the user experience and like just wanting to use something that's not threatening like a lot of the Bitcoin bullets and all these little things they kind of like there's a kind of you never liked it you kind of breathe like you feel like you're hacking something even though you don't I'm going to hack you know and just like removing all that threatening sort of feeling the ballot and just making it super familiar and just make it a great user experience like you know they're like you look at Apple and the way they design the computers like they are just nice computers and if you can any like that even become like say like if you just any percent as good as that sort of experience I think you're definitely gonna go on the right track not really

actually I would say like although the technology so designing for us just to the average person I don't really care about all the particles that's been used in the background and so it's all about just creating convenient and if you can focus on that through user experience it should definitely do that without sacrificing privacy yeah right yeah so to also use you guys mask and uh you're working on these multiple governance for people to actually you know all these titles in the end right right so what do you think is it all off the community and I'm watching for a because it seems like it's not so much more deeper than making a normal stop or whatever right yeah I mean like if you look at if you look at Twitter for

example ten percent of all Twitter accounts of balls right there just sort of cheat to create ten percent of Twitter accounts like in terms of monthly active users is like English to kids yeah fifty million is ridiculous it's because its own sheep and the people who are doing that they have a no stake in the actual platform itself they don't need they can basically just extract value from it but if you start raising that barrier and you start to have like people creating like basically using their tension and curating the content on that then they have more control over their lives and they have more control over like helping of a kind of community watch almost where if you see some bad

guy on the street you don't kind of get rid of them in a legally safe way yeah like I think in terms of governance being able to make this like real decisions and voting on like what new features get implemented is something that we're doing we've created a community which is a github bouncy box and that allows us to essentially create bounties for issues on github dick how does this sort of source control with where you build is opera so then what's great about that is developers can come along and see this little pot of gold and you know okay I can solve this problem and then get paid for that and we can really decentralize

like doing this we can do centralize our software development and people can actually have a say in how their self-image develops yeah the thing we had I think the community is very important and you know you were talking voluntarily about da Oh my-y binnacle I have a different perspective and one it complements everything when many people talk about AI and I call how awesome it's going to be an all day improvement it week and it can dream I think we still have what a way to go and give a sentient a are like in the sci-fi I'm not buying it some friendly I have a

party will materialize and in the meantime I think we have these new tools that's the farthest possibility to come together and you know it lowers the cost a fortune ation and in the end that was the original purpose of the company as an entity because we cannot do everything on our own we need other people to become gather and work towards a common goal so we doesn't mind the family there is this sort of collective intelligence that manifests when you're talking about groups and it's like no matter how brilliant you are the sum of all the parts is greater than each of the

members of the community and I think if you put and create an environment where you take do allow and use the seat that's provided by the community that in itself is like the first step in tap into this wave you know potential that's just laying dormant there so whereas other companies in the old school setup were standing most of the money keeping the people out if you go to boring interview you come back again and all that mentality in this paradigm you're focusing your energy and resources in making it as easy as possible to onboard million people so and we design just to briefly put that in that we are now

looking into applying the user centric design methodology or process in which basically we have a version or two ahead of time online for users to actually interact with before we start developing it and you have this like after to opportunity to collect feedback and maybe just you know someone comes up and Breanna said you know why why are we trying to do this different when you can do it some other even better way so we eliminate all the guessing work which can be right and most of the time is wrong and you you again you can't away from the effort that we need to put in

developing the not so optimal interface in the first myth so again as long as you can that means that the committee that's working along your project i teamspeak the best possible P you can now a thorough it's all about Network effects and what's the best way for achieving now that's very interesting ago zero that's in the phone like the living organisms in like you know there's this Dao which is like equal are conservative base and in enm confer the Americanism there is having some like natural evolution so it's gonna be weird I'm a skirt here about you know if we're not giving us something very similar to that you know we be are the network and

I will look because I explained everyone how it works and like why which things that is the same approach to creating kind of ha the power addiction in the world your network yeah okay we think like it makes kind of sense like people that there are some things that that are cheaper and impossible at scale so like you're going to have like a court to afford your company and your French company because it's like George are going to be able to like solve a problem with another company that you will interact with so I think that that's the interesting part of bringing companies together on organizations together and kind of like taking a bit of money from em when these public services also like

the good thing about it it said it's only obtained like there's no one is forced like during this network maybe that's the network effects will end up in the future but I think that that I don't feel bad about that like if people in depth at all going there and you cannot afford personally to go out it's not the same thing as like going to jail if you decide not to pay taxes in your home in your country so yeah I think that's actually that's very cool yeah I think we're gonna like such a bonus or like very whole theme right now which is what do you guys think of the stock and sale ecosystem right now and what because you know I mean the fifth page

is created by itself right ether is like at 80 motors or wherever but also the token television has felt like you know it kind of booming things are also the different that start with letter D in their recent on a sale under cheering yeah no diseases the G sale yeah so what do you think it is the market couple irrational or people just freaking out and like neither nine to everyone like what what's your position that all right I think we are seeing the more or less mirroring of the early calm bubble in this case we have a real sort of medium

and new possibilities for the pattern is the same someone comes with an idea doesn't matter how good it is and then just a lot of money and either because of being competent or because of so you know Kenny intentions the original promise is not a different so it happens with it happen to you guys live with the website for pester for raising hundreds of thousands or millions of dollars and there are many examples of this and in this case I think the community in general is adapting and learning for example the DAO disaster was like a

painful lesson for many up until that point because on table I feel yes I mean yes [Music] but then that is the piece that's the problem it wasn't an empire right luckily everything when the turned out okay in the end but getting back to the ICO and so on I think one of the things that can be improved so we not talked so much about what's wrong is that people should the projects in general should not focus only on the technical side which

contains assumptions this is how we think things will work because most of the times because one the technology is super early and most things don't work as expected because reason and then when the other side you have people which are liberal eating ball by the nature they might not want it in you assume they will and so on so for example just to give a parallel the design that you will see Donald Akash Andrade now was made a year ago so we took us a year to actually implement that stuff so I can only imagine that the white paper describing how everything works it's

going to take a lot more to implement so by this time in just five years from Bitcoin and idea that the blocking can be used as a way to you know digital cash online in five years you have the idiom which is I think we can use this actually to build a worldwide computer so just that underlying foundations on top of which you can build your solution I'm hoping so far that maybe by design you get luckily better than your solution your assumptions might be you know obsolete you need to call it ugly and it's good to also balance that with experimentation and to test your assumptions because that eliminates some

of the problems for the projects that are really willing to put the work and make idea happen and singly and not will not believe in because things didn't work out as planned you know I think that's a really important like we couldn't remember that everything we're doing is literally an experiment bitcoin is still an experiment like okay yeah we're throwing some money in behind it makes it serious but if everyone who's like well the original core developers still treated like an experiment and aetherium is just a new experience and then everything we're doing when the theorem oh my god that's just like that's like bleeding edge experiments and we're taking these hypotheses in

these ideas and we're throwing them out there I mean the whole idea of doing a dutch option was just to experiment with a different crowd funding model and well okay maybe let's say okay back to the drawing board you know another what would that happen occasional numbers that meaning piggy you know they they will have so like one token for life opinion on artists where we can throw a little German to Italian I was shopping I might ask this question yeah you really is a function of market capitalization at what point do people

start taking it serious it's a really good question I mean I asked the effort paint gently because people left in that corner and years ago right it's the last thing yeah I mean good market into the function of market cap where I don't like you can't ignore it anymore absolutely absolutely I think like I mean even with the internet like when it first started people will just kind of like a little sis or something I think it's really like I don't have any like definite answer but I imagine it's just a matter of like just getting distribution out there and eventually everybody is using I just MVX out of a lies or and I'm going to say anything when I see it it's really about being

taken seriously yeah and from my position where I'm working what is taken seriously is a lamp in front captivation right so I'm only asking okay so the tradesmen's we had 20 billion in Bitcoin and 35 billion in other words but at what point three days is not an experiment right serious sure I mean like 30 billion is still like I ain't intentionally small compared ox really no Marcus Ramos sure I like just a little wrong I think that our experiment driven mindset is healthy

at this point because the entire thing is an experimental and you need to map out what works and what what does in any case one project sells is true to have other project exploring solutions in we say because gdn the fundamental problems that are faced as a society the big picture are too important to get right here absolutely you have to try so it's good experiments at this point that the market and time will show which is the most stable experiment in the long run I think yes I think I am the third can perform 85% of all together speaking

about my percent we just been stressed ideas of evolution are coming to worldwide sandal addiction right what I am the type of of your thing is that you are trying to copy the functionality which sort of Exodus aren't you again working back it isn't an exact extent me why is it written tight because I don't want more people who think they said nice because we are kind of in both games Aleutians we have already I didn't think it's do not a necessary thing it's working against the pollution I think it's actually been extent with evolution I think what we're doing a lot of pollution of ethereum sort of the marketing is kind of building the next version of the Internet I thought not

sure if that's true necessarily but what is interesting is we're now bringing economic sort of functions into the fabric of the net itself on our current Internet as I speak a TTIP this continent floor like I mean it needs to Dawson you like you can take down computers and all these little things it doesn't cost anybody to do anything all I need to do is have a couple machines there in and just send packets down like send messages out there really internet and I can take down another server but what if that started costing them to do that you know like you can start reducing things like spam and kind of start clearing away some of the stuff that isn't working so well with our current internet and maybe we can make it better in the future and yeah and

also there is like be socially called bar to feel like if we wait to that excitable we click on incentives and with gems we can end up with a world lace second pair then what we have now with drums hitting people middle east and everything so and I think it's possible for the first time and it's not just like you know some either you call tricks around they're talking about variety or freedom or whatever you think that it's worth okay it is we are we're ready for it okay but that being said like we are that we are building on what you know platforms like a cerium let us do is we can like incentivize behaviors and we get to investigators so it's not that you agree to something or you have some values as you resign

like private or whatever is that you are economically incentivized to do certain things and so in the long run the maze of world we may you know fight work with economic incentives who make these numbers in this client in which you know we don't have like any centralized restriction we have the additional ice world we have like you know platforms that have a lot of our knowledge which is worth elevenses it was go to censor so I think it all comes down to build in life no like we'll all computer like maybe theory means that even lets us build a global naturally draw society of people that can work in a much better way to have renounced profits and I like this you mentioned that in

standardization and one of the problems is that we have all decided with standards which are not compatible with a dishonest or to each other so for example block chains can offer a really well through the layer for agreeing and using and standards in a transparent way while aligning your you know what what do I need is standard for and second if you think about the concept of companies corporations these were invented somewhere around 1800 right we didn't have internet diagram Hayden has lending so in the meantime the communication and the way the entire concept was thought

the Society for which it was designed involved this to today where you have a supercomputer on on your in your pocket more powerful than the computer that took the first mentor to the moon and you're communicating with each other at live feed across the globe so it's evolution and it's only normal to have a new form of organization that is better suited for decent body and in the present solutions are not and like say that like okay this is already recruiter economics you know listen like economic mega mechanism design will be some fancy

kind of complex things but at the end of the day like if we just if everything all that fails and all we do is reduce transaction costs that is so fundamentally powerful I mean Kevin accountants and like yeah just bending things on your credit card you be like collect all these receipts then you could dump on the accountants desk and then the eggs or people in government work like this is certainly steps that are involved in that which we can essentially eliminate assuming we can put on people onto the sort of private money because they in terms of Chris currency is not accustomed the calibration table right then deserts penetrative indicate it's not it's not been expecting the market model given divers in the same way ivy

like tcp/ip you can penetrate the market it was internet because email I mean like we're still like through an Audi protocol a year I mean II serious not even one point already you know so weird like I mean and I think would you said like going back 25 years I think in some sense it is because like I think it's time to action like the original version of the internet like we packed it up and like it doesn't work like the email day didn't have like do you need to like like Judah holy get to talk to your Gmail friends like do have you can have to our email server and people can talk to you from Gmail or from hotmail or from wherever and that doesn't happen with what is going on

today like you can attend like not even like a pretty good messenger message - what's up and they are owned by the same company and you're texting like you're going to do that and crypto economics and this might solve that and I think that's why this is like kind of T times of doing the internet right again it might not be the guys but I think like there are a lot of different things that are being worked on like some some of them might nice nice big and I think that you project that department-wide crypto is and call it forward this list because there are no no products for for using them like my grandma is using it using the Internet today but season using a bigger co-op she's a fan of ECB IP

she uses it because we constantly welcomes so I think like the problem is like that they're not nice for the products today and I think like what you guys have cells are doing it and Akash I do like it's going to be like so like what's pyramid liquid like they need like eat baby food like mainstream usage application and its really a killer up and like any that people like good to person will have full price when people don't know that they're using it in the same way my for medicine Daiki tcp/ip our IP owner or maybe to come visit your functionality like whatsapp or Facebook they're completely new ideas maybe to come up with absolutely consent to that places I mean I think peer to peer money is very big

like I have a credit card right here that he's got a beautiful money got anyone access me my credit card I make up five dollar transaction it doesn't work like that like detail consciousness here did like but I can hand you a euro bill and I think I put the currency like beer to beer guy just like crazy there were they exist of course people see on my phone Sarah build enormity of patience yeah that's true you can't I'm not sure if there's a beer like there is a guy that is bad and then visa making it seven engineer whatever you yes how much we have Elizabeta about yourself and the smartphone

identity and then unity ads on Facebook you know you're intercepting to what the participative Megan and then I don't even like semis but you don't have anything to do not I spend everything on the ass of the sodium atom atom any better embarrassing searches that way how many years each of you up for the e3 or companies who really start gaining some values that of Java offending and making that exercises well it I guess we're pushing to have like a group they hope to have beta in q3 and hopefully the first q1 in 2018 is somewhere we're going to start looking at doing user acquisition surprise it's going to be like a year from now when we

deployed yard on his work and so we would have to work using small town about that so I think that year enough and then definitely but some are on day and ended earlier who I say you will still be around you and then I notice that all questions with these kinds in fact unless this is over thing paper okay I know and then we do one like one hour 30 seconds each to like pizza and then okay remember that we are there to IPSS behind it I cannot build science fiction can we - yes for example if you type in IPSS Barbie I

think is the copycat of WorldCom the website where especially reading user software photo so in this case the website an idea that this is a gateway a node that serve the information from the network and helps users to upload information showing a doodle yes wait for this to come to life you can make now one last question now you're talking about user experience and then I realize what you are hoping by nurse right what rich people and it's nothing really happy minded people of my

daughter's for example people that you know they are not into being is he afraid at at the moment that this is part of the community okay this is how usable for everybody then nobody sees all users outside of the university and yeah so the question for those in the back was why like White's mother for like normal users are we afraid of we're targeting like a very nice no communicate nerves so in our case we want to like push it even to to my mother in the ocean I think my mother can use it that is fine don't let me have those other subjects not much now that's like a year from now that's one of my goal and so doesn't perspectives are out for encryption we're yeah we're

trying to make it like externally issue like everyone is not actually creating I will be like even ensure done great in a coalmine that's our goal it's like happy even easier than a traditional metal you guys already I think our user centric design getting particular community and from type design work outside you're powerful people from the state you know and that are not mirroring with a pyramid the peacock and even infer it's going to be a small niche of people using the service in the end the main idea is that if push comes to shove and

Ethernet weddings like 1984 there is an alternative out there that can use by everything so even if it was four different internet was address root improvements with guys with gears and crazies right and now look at all of our services so hopefully with that because of our combat environment yeah cool so I guess we'll just like 30 seconds each with whatever you guys want to say to the audience and then when I start from their own temperature because we had kind of touched on this before but the idea of creating me should glow will prepare economic communities that has no borders and everybody has real skin in the game it's like this new form of

organizational structure happiness can be a very very powerful thing yeah I mean like I think it's also really interesting and like even though everybody's starting in this from a small crew first base if you have users who are literally stakeholders within the network and they they now have an economic interests or an incentive to bring other people into them into the network because they increase the value of the network and therefore their own province so I think they even start so you have this sort of a very very strong network effects that start to cascade out from there yeah I really have nothing said okay yes I guess very founded like a grand experiment of the

argument work is going to be on a you guys super important to have this kind of experiment in which users are part of it and we will I guess we'll a clinic year will see like multiple experiments or like that and I'm so fast to sit at one of them be successful and the whole network to be successful just think about this might be the token that has more market capitalization right now you know it's not like a theory more or or bitcoin is like the token based on theorem that has more most market cap is over with like over one 100 million is nothing we're just people ti per then user depend on statements and in the stock where do not to entail main a certain things so yeah weird and

pocketing it is through all yours I think touching upon what you said with the value and created from this is the knowledge itself acquired while doing it experiments and it's not really not here on the table there are thousands of other developers each work working on the different problems from their own their own perspective so just through this trial never aerial prototyping the knowledge that can be used by someone as making us up may give your face meter but you're just a writer after all have something to look back and say okay maybe we want to be and

then they can explore further than in the search for talk about solutions we hope that you come I decided while active Allegro result and cool spot I think very want a custom green Sunday yeah