Real World Asset Tokenization: Revolutionizing the Precious Metals Market Blade Labs recently embarked on a journey into the domain of
Welcome back, my Good Friends to another er, discord, ama. You know, what we do every single week? We bring you a different project to learn a bit more about and try to learn what they’re doing, what they’re building, especially in this market. And obviously try to bring you some interesting topics and stories from those projects as well. Today, our guest is Blade Wallet, and we have Sammy representing Blade Wallet. If you can tell us a bit about yourself who you are, what you do, and a question I’d like to ask also is, how did you get into crypto slash web three slash whatever you want to call it? How did you get into this space?
Sure. First of all, thank you. Thank you very much for the invitation. Super excited to be here and and share, you know, our story and what we’re doing in in web three. So my name is, my name is Sammy. My background, I’m, I have a financial background. I was in the finance for, for about 20 years. I left in about 2016, entered web three around the same time. And 2018 March, I think it was, I joined hedera. So I was one of the early members of the hedera team responsible for business development in Asia Pacific. I don’t I mean, I’m assuming people on this AMA know a little bit about hedera, but if not hedera is an enterprise layer one, the enterprise layer one, I would say governed by, you know, the biggest corporations in the world.
I think yesterday is announcement about Dell Technologies, also joining the governing council. But my job was to bring in council members from Asia, so LG Electronics, Shehan Bank Dentons, dbs these, you know, really large names. I mean, they’re global names, but, you know especially large Asia also holdings were some of the enterprises that that brought onto is that, that relevant? Because, to be honest, from 2018 to two, our job was educating enterprises about what blocking is, what the value position is different you know, how they making cost or the market. And I left and started Company Blade Labs. You know, I can, I can go on and explain what Blade Labs does, but you know, that’s, that’s, that’s essentially my journey up till now.
Awesome. I appreciate it. So what exactly does Blade Wallet offer to potential users, whether they’re developers or whether they’re everyday users? What, what can people expect from it if they don’t know?
Yeah, so middle of last year when I left, the reason why I left was you know, the council members were calling me and they were like, look, we’re ready to launch a use case, but we need a wallet. And what that meant was, you know, they needed a very easy and simple way, first of all, to integrate with a wallet. Number two, they needed a user experience for their web two users, cuz these are, these are large corporations with, you know, web two customers. So they needed a very intuitive user experience and a user interface. And then they wanted as much as possible a way to monetize the users. So that’s what we set out to do. And Bra Labs is web three, I guess you call ’em sort of web three Tool Builder. So we build tools for Web two companies to be able to onboard their users onto Hedera.
So I’m saying Web three tools, but we’re predominantly focused on hedera right now because, because of various factors that we can get into later. I’ll give you some examples of the things that we offer today. So we have a a normal wallet that you could download on Android, on iOS. We have a web extension, so you can right now download that wallet, and that is like a wallet on Ethereum. It’ll be like a meta mask. So we have a meta mask for essentially aero. But the, what what we do behind the scenes is we provide custom solutions to enterprises. So if you go to bay Store and download a game called Slim World it’s just a normal game play to earned game. And when you start playing the game, you’ll have an option to click a button that gives you access to Web three and Blade where able to create account and be it’s, it’s, I guess similar to sports betting, more or less so you’ll use smart contracts, you’ll use Token transfers and you know, all of the goodness of, of hedera. But behind the scenes, that again, is a powered by Blade app. So we have SDKs that allow applications, iOS also through their web we’ll be able to easily integrate. We’re working on an unreal route right now, and a game will launch on that wrapper. I’d say in, in a few months they’ll release the demo. So these are kind of things that the tooling that we provide, again, to companies with predominantly Web two users so that they can use the functionality of of Web three in this case, hedera.
Awesome. Thank you for that. So what are some of the main reasons Hedera is so important to Blade Wallet?
I mean, part, part of the reasons obvious that I, you know, I was one of their original members, so I have a lot of domain knowledge of, of hedera. I’m a big believer of Hedera itself. The, the way that they built out the, the network the way that they are. They have a very, very long hundred year vision. The focus on security of the consistent algorithm how they are as compliant as possible to global regulations. So the, there is only one that has, you are looking for one as the <inaudible> that are very easy to use for even a web. Give you an example. Smart Contracts is something that don’t natively exist on a dairy. Padera is compatible with E V M and you can use Solidity Smart contracts with hedera, but if you wanna build a use case on hedera, you don’t really need to know Solidity, you don’t really need to know.
You know, a lot of the other sort of web three nuances that that is required from a developer to, to build on Ethereum, let’s say. So the, the love of hedera really comes from the fact that it’s really geared towards mass adoption by Web two users. And because we’re building a toolkit that allows exactly those users to be onboarded, there actually is no other sort of better layer one to start with. Later on maybe there would be an opportunity to scale to other layer ones, but for now, there’s more than enough users. I, I think the 28 council members right now probably you know, touch every single human being, well, I wouldn’t say human being every, most of the people on this planet with, with their services. We have Google and Boeing and Dell and all these companies. So it’s a large enough addressable market to to, to give it a good go.
Thank you for that. So I know you guys are kind of doing a, a prize giveaway right now, and there’s a bit of involvement with LG Art Lab. What does that partnership like, and and how did it start? What, you know, what does it offer to you guys, obviously and what are you trying to accomplish?
So one of the first council members joined I personally have been speaking to them since two, 2018, I believe. Firstly, I have a long relationship with with Buddy. They are structured a way where they have smart teams within LG Electronics. They’re very <inaudible> and they come up with different use cases. Put it this way, LG Lab is a team within LG Electronics that we are wor we’re working very closely with, and they are building out N F T Marketplace for Fine Art. So, LG Art Lab, you can go to LG art lab.com if you have a US I P address, because at the, at the moment it’s geofenced, but you can see a few NFTs already listed there. One by a, a famous artist based in New York called Barry Ball, another one called Jeremy Fall.
And they’re gonna continue to commission the artists that, and, you know, I might not do this justice, I’m gonna try to summarize as best as I can, but, you know, they’re people who can get into, let’s say, Christie’s and, you know, no problem. Then there’s, you know, other artists that are sort of just on the cusp. And there’s so much talent in the creator economy that is just on the fringe of Christie’s. LGA Art Lab at the moment is basically addressing that market. They are commissioning some art, they’re reaching out to these artists. They’re working together with them to create NFTs. And what we are helping LG Art Lab do is, number one, provide their users with very easy onboarding experience. Number two, provide their users with very easy purchase experience of the NFTs. Number three, provide LG Art Lab with functionality that adds utility to the N F T such as token gating. And you know, we basically continue to work with them to figure out how to create essentially offering that, that, that people will buy.
Awesome. So another question. When Blade Labs launched their wallet last year, you guys engaged with Ceric. What was your reasoning behind, you know, choosing us from the start?
So, to be completely honest, I mean, I, I, I had known Ceric from when I was at hedera. You know, <laugh> great branding. I would say the logo’s really cool. I had, I had been on the, been on the website to really look at other audit reports. We, because we were setting out to be the enterprise wallet for governing council member caliber companies and because hedera is security first Lehman, Dr. Baird has said to me many times, he is like, well, the, the entire point of web three is security. If there isn’t additional security in web three versus web two, then there’s really no point. And, you know, we, we adhere to, to that belief and to that thinking. So even before we launched our first wallet, which was in April of 2022, you know, bare minimum functionality we reached out to Michael, I believe it was Michael.
I reached out to Michael and I was like, look, we, we wanted to do an audit. And to be honest, you know, at that time I personally wasn’t even aware of the, the nuance difference between, let’s say, an audit and a penetration test throughout the journey, you know, Michael and the circuit team were, were, were very helpful in, in even educating us to, you know, penetration testing and, and, and, you know, the things that we really need to be careful when launching a product like a wallet. So to be honest, it is, it’s a, is an no brainer, right? If, if a company like LG is using our wallet we need to make sure, sure that our wallet is audited by a rep reput firm. And not just that we always sound to have high Mark Marks. We published the audit report a few months ago, and you know, we, I think we’ve, we’ve tried the best we can to, to, to make sure most of the points, if not all have been addressed.
Gotcha. Thank you. So, another question. So what’s, what’s your current feeling on the market right now, and what are you doing to build within it? Obviously, you know, some users have left the space, some are starting to come back just a bit more. So what are you doing in this meantime to sort of keep pace?
Yeah, that’s a good question. Actually, it’s a question though. We had a lot from day one, we set out to build a business that wasn’t correlated to the mar to crypto prices. Because even when we started, you know, the macro environment wasn’t that friendly. The Federal Reserve were starting to raise rates like, you know, valuations were very high and we didn’t want to be beholden to the ups and downs of the market. And that’s why we really set out, first of all, to focus on enterprise use cases. Number two, focus on being partner led. So bring, so build very, very strong partnerships with the companies that we are, are building tools for. And also things like I mentioned, you know, the NFTs, we’re not talking about you know what, sometimes I call buy low, sell high NFTs.
We’re trying to create NFTs that are more utility NFTs. So features like token gating, we’ve also have features. So bound tokens can be minted. We are creating a framework called Smart NFTs where it behaves like a loyalty card. So if you do more than 10 transactions on our wallet, you get a silver status. If you do more then automatically the metadata, the image of the NFT changes. So we think NFTs have so much potential to continue iterating and adding utility onto it. And so that’s where we’re focused. When the market started going sideways, it really didn’t affect our account numbers at all. Actually the number of inquiries from enterprises has increased. Why? Because companies are looking for new revenue streams. So if you have a community in web two, yeah, you want to launch some utility NFTs in web three, and you want to provide your community with some new value propositions, or if you already have a community, you want to increase community engagement through token gating or through these loyalty cards.
The web three tools that we built allow companies to go to market a lot faster than they would otherwise. There was a company that went to market, I think it was within 10 days while if they directly tried to integrate with hedera, it might have taken months. And because they can go to market a lot sooner than if they didn’t have our tools. The risk is also limited. Large companies when they go to market, you know, they wanna make sure that they start small, that they don’t hurt their reputation. So by and large, I think that the, the, the area that we were focused on was, was if anything, the the, the area that, that, that is thriving right now.
So the, it’s, it’s interesting that you mentioned that, that go to market is like 10 days. It’s just fascinating how the, how everything in this space is moving so quickly, you know? Mm-Hmm. <Affirmative>, what’s, how do you avoid any issues moving at that speed? Just outta curiosity?
There already are two. I mean, the, the ecosystem has, has really come a long way since even when I started and now, you know, 2018 is, is quite recent, you know, for probably a lot of, you know, people on this call were, were in the, in the industry even, even before. But you already have tools that, for example, you know, widgets we have a partner called Moon Pay. And Moon Pay is payment gateway. We use them for direct NFT purchase. In other words, if you have a credit card, you can put in your credit card information and buy an N F T directly without having to buy crypto once. And experience is a very straight life experience. Is, so I think we, <inaudible> they have, so there are tools that exist that are very, very easy to integrate specifically around payments, I would say.
But when it comes to wallets wallets are something that is, is still either you just integrate with a wallet that’s off the shelf. There’s a meta mask, there’s a phantom, there’s hat wallet, there’s off the shelf enter wallet where a certain amount of configuration possible on hedera. If you want to create an account, then somebody has to pay 5 cents to create an account. In Ethereum, public key pair is free on hedera, it costs every transaction, costs a little bit of money. So here’s a question then. A use case like gaining use case. Would they want to have their users go through the trouble of buying cryptocurrency and paying for creation and also paying for the other transactions? Or would they rather front that money so that the user experience is much smoother and their users don’t need to worry about anything, they can just go in and play the game from day one?
The answer it turns out is overwhelmingly the latter. In other words, the enterprises we work with want to pay the network costs on behalf of their users because the friction of having their users go out and buy cryptocurrency is too high. So that’s something that we need to put some custom logic in. Now, once that custom logic is put into place, now we have a solution where it’s really sort of relatively off the shelf kind of, you know, it’s not really a bespoke suit, it’s not really off off the shelf. You can kind of choose between five or six different iterations, right? And that’s what makes it easy, right? It’s not fully customizable. But at the same time, you have five or six things that you can change. Who pays for the fees? How much fees do you wanna charge? Do you wanna charge affiliate fees? And, and, and a few other configurations. I dunno if that directly answered your questions, but no,
No, it’s, it’s a good answer. You’re always interested in hearing how, you know, different projects or different platforms are trying to reduce the barrier of entry or even the fees associated with trying to participate on that platform. I think that as you try to grow or cast a wider net, right, it’s, it, it’s about how can I make something so simple or as easy to use for consumers? Cuz like, you know, if you’re ever met with, you know, you’re trying something new that’s like, very different from what you’re trying to, or from anything you’ve ever done before, right? And if the barrier of entry is like so high, you just kind of get turned off by it, you know? Yeah,
Absolutely. Right? And, and even in a wallet, so we’re, we’re having a version one up upgrade soon, and we call it internally web three gibberish. So we’re removing all web three gibberish. We wanna make the wallet experience a similar experience to a digital wallet, a FinTech wallet, let’s say. Even, even with our dashboard that’s coming out where enterprises can look at the analytics you know, we’re, we’re trying to make it into a just a B2B SaaS experience where, you know, they’re, they’re, they’re used to that. Now, if somebody’s playing a game and suddenly there there’s a popup that says, Hey, do you want to stake or do you want to use some web three functionality? The last thing that the game wants their users to do is then go out and buy some cryptocurrency so that they can, they can get onboarded.
It, it was, we kind of stumbled upon it, to be honest, because in the beginning, you know, once you kind of build out a business, you want partners that will help you define product. And while we’re we’ll pay friction users just turned out that product and not most of our enter enterprises actually really use, which is third in this case, you actually don’t their, and they’re asking us if they and that’s something that we’re, we’re also looking at their own business model. They wanna be able to in the way that, that their customer. So we just, so enterprise is best. We can
Kind of go back to the security portion just a little bit out outside of, you know, working with surg. What are some of the other measures that Blade has taken to kind of live up to that enterprise grade approach to security? Yeah. And compliance. Like, have you felt any constraints by having to operate that way?
Yeah. so because I come from a finance background, 20 years of finance, very, very highly regulated. And, you know, my last, last five years post Lehman were, I was, I was basically a compliance officer. The, maybe it’s embedded the compliance and anti-money launder you know, KC and all that. And, and also very seriously so I started like labs. It was, it was part of my DNA already. How did that manifest? Yeah, one thing we already mentioned is, of course, the other thing was one of the first hires was our chief legal officer, probably one of the most talented, I would say, lawyers. That is around Rachel. And she protects us as best as she can. We have a great IP lawyer that makes sure all the, because we’re involved with NFTs, we need to make sure that the licensing is properly done.
So, you know, tho those are the kind of things that we continue to do. Even with the audits. I think this was recently we did a, we did a second audit because the wallet code continuously evolve. You know, we, we intend to, to do periodic penetration tests for the wallet and, you know, be, be at the caliber where a company like LG Electronics would, would be comfortable announcing that you know, we are gonna be their wallet on the largest consumer electronics show in, in January. So I think entities different and our team don’t, the rules always seem to change. Anytime you’re trying to do anything <laugh>, one of the primary roles of a wallet is we’re an aggregator of third party services, for example moon Pay we have banks that we have other payment integrators payment rails that we’re gonna integrate with.
So we go out and negotiate with them, sign contracts with them. We have to pass their know your business requirements. And that’s part of our offering as well, right? We go to a enterprise and we’re like, Hey, we already have these integrations available, and we have passed the noyer business requirements of our partners. So you know, we feel it is, it is a prerequisite to be able to, to, to offer these services to the enterprises as well. But again, yeah, as you say, it does cost a lot. And, and, and, and for for a startup, it’s, it, it’s, it’s quite quite an investment, I would say earlier on. But, you know, hopefully it, it’ll pay dividends how it already is with, with LG and some of the other enterprises using us. But yeah.
Could you share us a a bit more about what’s going on with Blades Road roadmap for this year, and how do you reduce any friction for onboarding your users?
Right now, we’re really focused on NFTs and adding utility to NFTs and making it very easy for people to buy NFTs. Soon we will launch NFT gating functionality. What what does NFT gating means? It means you can use your N F T as a path. So the wallet would function like a passport. The NFT would be a visa to the community. Right now there’s a campaign going on by this artist called Jeremy Fall. If you buy a Jeremy Fall, N f t for $20, you can go to a website. The website will check that you have a specific nft, and then if once you’re dated, you get access to, in case it’s HR rewards. In another case, it can be some proprie information, and another case it be just an a website that’s gated. It’s basically you’re using your NFT login password.
So that’s something that we’re really excited about. Beyond that, we are launching our direct NF t payment solution. I believe it’s the first in hedera where a customer, a user can use their credit card in buying N F T directly, it’ll be delivered in your wallet. I tried it today. It was about 10 seconds. There isn’t an onerous K Y c a requirement because it’s purchasing a digital item as opposed to cryptocurrency. So we’re excited about that. Once it’s launched, you know, we believe it’ll be of use to many, many NFT marketplaces and also just web two businesses that just want to start selling. Nfts, all they need to do is include our button onto their website, and that initiates a user journey where if you have a wallet, it’ll connect to your wallet. If you don’t have a wallet, it’ll go to the relevant store, download the wallet, set it up and then automatically launch a widget that allows you to buy the N F T.
Beyond that, we are launching a console. This is, the Blade console is essentially a place where enterprises will be able to go, you’ll have a login in and password. There you’ll be able to, so this will be like a B2B SaaS platform. You’ll have Alex, you’ll be able to see how many accounts you created. You’ll be able to see those accounts how many accounts are empty, how many accounts have cryptocurrency transactions, how many have NFTs. It’ll give you some recommendations as to the campaigns that you can potentially run in order to increase the, the engagement of the community. And and yeah, I mean, that website is gonna have SDKs and, you know, other tooling that again, makes it easy for companies to go from a to deployment as as fast as possible. And that’s really our ethos, right?
To make it as easy and quickly for people predominantly web two or two and a half, half people to, to use cases. So think, I guess past year we’ve been building so many individual components that people are using, and now we’re putting all of it together in one place where people can come and use, gonna a free tier where you can create a thousand accounts for free. You can do, we call it a sandbox where people can just play around. And if it’s a small use case, then you can do e everything you want, basically free
A thousand accounts. Okay. Alrighty, <laugh> I mean, speaking of accounts, like you guys recently celebrated 250,000 unique accounts, you know on hedera, but you said that Blade’s goal is to onboard the next billion users onto web three. What’s your plan for that? Cause that’s interesting.
Yeah, <laugh>, so you know, there seems like a large gap between the currently, I think last time I checked 310,000 accounts. So there’s a nuance when we say onboarding the next billion users, which is, these users don’t necessarily need to be US people. Devices are included in what we mean by users. And actually, we already are in early discussions about potentially adding wallet functionality to consumer electronics. The simple use case would be something along the lines of you have a washing machine. If the washing machine has an Echo button, you press that echo button. The washing machine calculates how much water and electricity you saved by pressing that button. The carbon credits are automatically deposited in your wallet. So the washing machine is paying you carbon credits, which you can use and, you know, maybe even sell on an open market.
The same thing can be done with a car. There’s another use case that we’re working with. Essentially the car calculates the most eco-friendly route to your destination, and the savings can be calculated. And those savings are reflected in, again, carbon credits that will ultimately be deposited in, in, in the wallet. So if you start thinking about, okay, well these billion users can potentially be devices, things then, you know, imagine if we’re in refrigerators and washing machines and cars, the, the journey doesn’t look that far off. So that’s, that’s where the big jump, we believe it’s gonna come. We call it a step function. Initially we probably will, you know, we’re planning on getting to a million users before the end of the year. And, you know, beyond that, starting to integrate into devices, I would say starting maybe Q4 or Q1 of next year. And then from there on, hopefully we’ll see a order of magnitude increase in the number of accounts created on hedera.
That <laugh> thinking about a washing machine, <laugh> being able to calculate and then sell those carbon or energy credits back to, I guess, the grid. I don’t, I’m not entirely sure what we would call it, <laugh>. It, it does sound rather, I wouldn’t call it Skynet cause we have product called Skynet, but it’s almost, anyway,
Yeah, J just wanted to clarify that actually these discussions, you know, started last year. So, you know, technologically it’s something that could be done. A lot of it is of course, you know, making sure that the go-to market and the risk you know, and if it could be a canary release, right? If, if we can actually try in a small jurisdiction with a small number of devices. So, you know, this is again, the benefit of hedera, right? No other layer one, can you go on and potentially get access to a billion users. Avery Dennison has a use case right now called Ahma, and you know, they already are, are, are tracking you know, millions, potentially billions of devices through their supply chain using the platform. So, you know, it’s something that’s actually happening today, right? I mean, think, chat, chat, G P T came out and then, you know, people are like, wow, this is amazing. But actually the people in the AI industry are like, well, actually, you know, much more is going on behind the scenes. You, you don’t even know.
So before, you know, we start wrapping up, is there any potential alpha, I mean, you mentioned something that you’re allowed to mention, or is there there anything that you want potential users, clients to sort of look out for that you’re working on? Anything special maybe to leave us with?
Yeah. So we also work on open source code because, you know, we believe that we need to increase the pie increase the Web three pie, yes, but in, in our case, increase the, the hedera pie. So one thing that we are very excited launching is what we’re calling hedera Wallet Connect. People in the Ethereum ecosystem might know Wallet Connect, right? You, you go and you want to connect to a adapt there’s the Wallet Connect option, you click on it, and then you have a bunch of wallets that you can choose from in hedera right now for decentralized application to integrate with a wallet, they need to individually go and integrate with the, the, the different wallets, because each wallet has a different standard. That was a massive friction for us, right? We needed to go and speak to the, the, I think there’s about 150 different DAPs on, on hedera right now.
We spoke to maybe 50 of them to, to educate them on the way that they integrate Blade, but then they needed to do the same with another wallet, like Walla Walla Wallet, for example, is another wallet in the ecosystem. Or with Hash Back is another wallet in the ecosystem. So we’ve created this hedera Wallet Connect, which adheres to the Wallet Connect Standard. But it is, you know, for the time being would be a hedera Common Wallet connector. What’s the value proposition of that? If a adapt integrates with hedera Wallet Connect, they’ll get access to all of the wallets in hedera ecosystem. So one integration, and you’re basically done from the DOPP side, and everybody that’s important right? Dos are actually building out the use cases and the business businesses that are driving the ecosystem. So, you know, we cannot have them distracted by you know, needing to do the same thing over and over again for, for each of the different things.
So, you know, that’s one thing that, that please do look out. I think over the next week or two you know, we’re gonna start reaching out to the, the different wallets in the hedera ecosystem, the different DAPs in the ecosystem, and present the Wallet Connect. Once that is done, you know, we believe it’s gonna be wayer for decentralized applications to launch on, on hedera. The other thing that we’re, we’re very excited is, is, is the console, right? Once the console is launched in q1 again, we’ll be reaching out to, you know, as many partners as possible to, to offer the sandbox where I would say the majority of use cases that are trying things out can try things out for free. Integrate with the Wallet, mint NFTs, mint Smart NFTs use the payment button build in the wallet into their iOS app, Android app even web app essentially, you know, up to a few thousand accounts for free.
So those are the things that we’re, and you know, some of the things that we, we can’t mention yet, but I think they would be announced by, by our enterprise partners over, over the next over the next month or so. And, and if I may actually, sorry, if I may shout out to a few other use cases that are launching karate Combat is a use case. They’re, they’re a very, very successful sports league MMA Sports League. We’re gonna power their app, so they’re launching very soon. Astra Nova is another game windows game based on Unreal Engine that, you know, they’re, they’re, they’re doing a whole bunch of campaigns right now, so please look them up. Kuala Hash Club is a use case that is building a game called Quala Fight Club. We’re partnering up with company called mio.tech, and they’re an aggregator of luxury brands around the world working on digital twin use case. You go into a luxury let’s say store, buy a dress, you scan the QR code and A N F T of that dress is dropped into the wallet. So I guess a DS calls it digital, but let’s say a digital twin use case. So these are some of the use cases that are coming up, I would say over the next two, three months.
Got it. And, and any predictions for any for, for where we’re going in the next few months outside of the wallet? Just in terms of the whole space? <Laugh>?
Yeah, I mean, <laugh>, I mean, besides, yeah, look, the macro, I mean, I’m a, I’m a, I’m a macro investor as well, so, you know, the macro environment looks like it is. So we’re in a tightening cycle. In other words, rates are gonna go higher over time unless inflation comes down. There’s a temporary respite where things seem calmer. The sort of ice age in the crypto market has thought a bit. Activity is really coming back. Prices are a bit higher. I do, I have to be honest, I am still quite cautious because in, in, in my sort of 20 years experience in the markets this does feel like it does, feels like it, it’s not really over, right? The shoe, the final shoe hasn’t dropped. Now, if you’re prepared for the final shoe to potentially drop, then you have nothing to worry about. In other words, like if you’re worried, then you don’t have anything to worry about. If you’re not worried, then I would worry. So that’s kind of where we are, right? Like cautiously optimistic that, you know, there won’t be further sort of drawdowns, but everybody that is building knows that it is the best time to build when there’s not that much noise. That being said, it is quite tough when, you know, companies after companies go bankrupt and you know, overlaid with a, with a very difficult macro environment.
Well, thank you Sammy, for being on with us. This was a very informative and very interesting conversation. We really appreciate you coming on and, and letting, showing us a bit more about what Blade Wallet does. So I wanna thank you for taking the time to visit our community. We’ll make sure to get this pod up and out on our YouTube and our website, so we’ll make sure to share that with you. And for everyone out there, obviously we bring these every single week, these discord ama so you learn more about projects. So please go ahead and make sure you follow Blade Wallet, er search Community, and Search Alert. We always wanna make sure that we have, you know, the most informative and interesting conversations that we possibly could have. So we really appreciate you listening. And Sammy, thank you for coming. You know it was, it was great chatting with you.
No, a absolutely, and, you know, shout out to Ceric. You know, Michael, especially, I’ve been speaking to him from, from day one. You know, there, there are many audit companies out there. We are proud to introduce Ceric to our use cases. When we provide our SDKs to our partners we also require them to perform an audit. You know, we want to create a very safe ecosystem. And, you know, the, if, if I were to kind of place one thing that, that, that I really appreciate about Ceric is, is really working with us to educate us about the security aspect and also being flexible about that. It’s, it’s really a fine balance between user experience and security. That being said, one thing that I think it was Michael or somebody in the cert team said that security should, should never be compromised over, over UI or user experience. And, you know, we, we, we agree with that, you know, we think, we think we should continue to, to focus as much as possible on proving and, and continuously providing information to, to the ecosystem about our, our our, our our audits and, and audit audit reports.
Thank you very much for the kind words. Plug, Ceric, Ceric, Ceric <laugh>, please make sure your favorite, let, let your favorite part know.
And I haven’t gotten paid by the way, by by you guys, but it’s, it’s a, it’s a genuine, it’s a genuine plug. So
We, we definitely appreciate, appreciate the kind words and you know, we try to serve our, our, you know, our goal is to secure the Web three world and wanna make sure that people who join web three, whether it’s via Crypto, whether it’s via, you know, anything like NFTs, whatever it is, we always wanna make sure that people do their due diligence, which is why we offer a lot of services for everyday users. So, please visit search.com if you wanna research projects, you wanna look up Blade Wallet, we have, we, we, we have it on the website as well. So, you know, that’s one of the things that we always wanna make sure that, you know, we can give users and educate them with as much information as possible so that when they’re out there, whether it’s wheeling and dealing trading or you know, interested in specific NFTs or projects that they’re as armed as possible. Obviously none of this is financial advice, but you know, always do your own research and research.com for that research. So, <laugh>, let’s close out here. Thank you very much. Really appreciate the time.
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