NEAR Town Hall - April 3, 2024

Captions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.

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   all right cool I think we're good um just want to make sure everybody kind of piles in looks like we have more people joining so uh thank you all for being here at another town hall uh another exciting Town Hall a lot of things have been happening in the near ecosystem a lot of you have probably seen a lot of activity on Twitter uh around near it's super exciting um I'm Marcus with near foundation and I've put together a pretty um exciting agenda today for us

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   uh so um just to break down the agenda and what you can expect in today's Town Hall uh we're going to see some awesome metrics around n's growth in 2024 from the flip side crypto team um and other impactful metrics that are you know definitely great to have insights into uh we just got back from uh Korea bidle week uh near had an amazing presence there um there was a lot of awesome

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   stuff that happened a lot of touching a lot of uh great talks and um we have all near found Olga that's going to present this uh section a retro uh which should be super exciting um near Horizon has just wrapped up their second cohort hcn2 and so we have Jared from the near Horizon team that's going to present uh the outcomes and learnings uh and also kind of segue into the New Horizon coh

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   uh cohort hcn3 uh that should be commencing soon uh applications are open and then we're going to learn uh about a couple of exciting projects uh in the near ecosystem East blue and dapdap and then we have the near week team presenting the ecosystem highlights at the end uh so without further Ado I will segue into the growth metrics uh Jack from flips side crypto team if you are here I'll let you share your

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   screen sounds good thanks give me one second all right coming through all right perfect cool uh well yeah thanks so much for having us on um yes so clip side uh we do a lot of work with the near Foundation uh diving into uh all things near what's going on within ecosystems what's hot uh and you know hope to help demystify uh kind of what's going on under the hood uh so what we've been

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   seeing as of late um we tasked our ambassadors uh with what they've been seeing um and we'll kind of just run through quickly some ecosystem growth in terms of users and tvl uh some D5 projects uh and what's going on with ref and burrow and some Trends overall in ecosystem uh specifically around staking uh and meme coins that we're seeing everywhere uh so overall uh with ecosystem growth uh we've seen an

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   explosion of growth over the past six month uh when you're looking at overall users and tvl um in the end of 23 uh we saw a lot of user growth dominated by um you know web 2.5 projects uh or you know projects that uh offer a lot of account abstraction like sweat and kaai Ching um but in 24 as we've seen some of those uh users kind of start to matriculate over to some more native projects uh tvl has increased as well across the board uh just a little more native web 3 growth and what we're seeing there is you know

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   as users while account abstraction is great for bringing users into the ecosystem without them necessarily knowing about the blockchain under the hood that's kind of the point of abstracting away the chain um you know once they are in the ecosystem and are you know fully on chain um we do see a lot of you know cross-pollination between projects um so that's what helps Drive some of these other metrics like seeing an increase in TVs um analyst activity uh has taken off as well we've seen 92 dashboards uh

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   produced in q1 all of those are accessible on flipsides website and a lot of the information here will be taken directly from those uh we can link to this afterwards all these charts are directly coming from um some of our uh dashboards and linked at the bottom here um so we can kind of dive into those as needed uh or link to them to people afterwards um so with some top product

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    projects uh we've seen an increase in tvl across ref and burrow uh on ref uh we've seen a lot of cross chain pool growth uh with significant support for non-native token pools um creating a mature and highly liquid defi ecosystem um with uh what we have here modify is put together uh sub tracking for uh looks like six or seven targeted pools here um we see a significant uptick uh through the end of March uh with a large increase in uh the usdc wrapped near

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    pools um and boosted yields are definitely helping draw this liquidity in um so that combined with Crossing tokens help R attract both liquidity and new users on burrow uh we're seeing a a similar significant uptick uh throughout the end of last quarter uh spe excuse me specifically with stable coin growth um and that we're seeing that you know boosting Works um bur2 vross tether uh

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    Circle and fra pools say nearly 10x March 2nd is when the incentive program launched uh we can see from this screenshot here um you know relatively flat through the start of the first quarter up until that incentive program launched until an absolutely massive takeoff in both tether and circle volumes um in the the burough Pool Supply caps uh here wallet um you know kind of our main takeaway uh from seeing the success of the adoption here is that frictionless ux definitely helps Drive adoption uh we're seeing both a surge

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    and swaps and pool growth uh directly correlated with when they he telegram while uh integration went live um and account abstraction definitely helps um as we saw with a lot of the the tvl and user growth a couple of slides ago um about 25,000 near has been spel spent on telegram wallet creation uh using the metrics that we have those wallets have generated over 35 million in swap volume um so I that's a a pretty significant Roi on the spend to on board those users

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    very low cost of acquisition uh for the the volume that they are generated um and that hot mining uh is definitely sticking around uh daily active miners have continued to grow average of 400,000 hot being mined every day um with about 240 I'm sorry 24 million hot being mined to date um BL this up uh to quick quick at the chat and then uh some key trends uh finally that we're seeing as well uh is on linear uh seeing some liquid staking um with

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    linear and metapo cornering the market on near uh with 22 and 21 million near in tvl respectively um you know upcoming meta pool down may have impacted the recent uptick on the tvl there uh and then mcoin near is not safe from The mcoin Craze uh there's a significant volume there with some Neco black dragon shitsu and LAN definitely drives tension and liquidity um here's done a good job of leveraging them for speculation and then we can see that ref has enabled

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    near excuse me meme coin staking and over 3,000 users have staked their mem coin on ref um and there's got a dashboard for that as well uh so each of these key areas um has a dashboard uh you know attributed to it and continue to dive in these are definitely just some of the headlines here um on flip side a lot of these are driven by uh you know our ambassador program we have dedicated high quality analysts that whenever there is something hot in near um you know they are tasked and on you

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    know on top of figuring out what is actually happening and pulling apart and diving into that data as quickly as possible so we can get it out both into the ecosystem and the broader Twitter verse um you know anyone can kind of come create on flip side uh the top 30 program rewards trending dashboards uh so as things percolate out throughout Twitter get Impressions get views get clicks uh Dash wordss will Trend to the

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    top of Flip Side um and actually participate in a revenue share uh we do a lot of boosts for near specifically um you know with our partnership with the foundation and the way that the ecosystem has been pumping as of late um you know putting out near dashboards is uh incentivized a little bit extra uh on certain times um and that all helps kind of continue to drive key outcomes and

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    Analysis into the near ecosystem um if you want to dive in and figure out uh kind of what's going on all this data is available on flip side or you can uh just kind of Click through uh the near Discover page to see what else is hot and trending in the near ecosystem awesome thank you so much Jack really insightful metrics there it's super exciting to actually see like what's driving what's moving the needle

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    um and definitely appreciate everything flips side's been doing um so let me go ahead and uh introduce Olga from NF marketing who's going to be able to provide us an overview of n's exciting Presence at Korea build week last week thank you morcus hi everyone my name is alga ofir foundation marketing team and I'm thrilled to share insights from our journey at Korea B week that was happening last week between March 26 and April 2nd what an eventful week it was with activities and engagements so

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    without further Ado let's delve into the high highlights next slide near was everything everywhere all at once at Korea B week we kicked things off with the notable chain obstruction day at the jbk convention hall hosting around 150 guests this was a collaborative effort with agoric and supported by partical Network making it a successful turnout next slide please our P schedule uh

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    addressed The crucial need for simul blockchain inter interoperability near co-founder Ilia poin made a compelling case for why web Three Needs chain obstruction by emphasizing the significance of obstructing individual chains to unleash web three full potential Mike peris of proximity Labs then envisioned asherin in the era of bridgely cross chain defy while Ricky of is blue introduced Bitcoin Beyond gold showcasing a testet transaction

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    demonstrating in near account executing transactions on bitcoin that was pretty cool to see to be honest next slide please at bidle Asia you unveil chain signatures a pioneering feature for managing assets across chains with the unified account this Innovation uh facilitates signning transactions on multiple chains from a single near account to streamlining cross-chain dep development later that day IIA and vitalic joined forces for a fire chat uh dissecting the AI crypto effect versus

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    fiction the Lively discussion separated hyp from reality exploring how AI could enhance privacy scalability and usability of decentralized systems next slide please the week continued with this Soul where m per of proximity labs expounded on chain signatures cross chain without Bridges Workshop explaining how this technology Fosters secure cross chain communication negating the need for

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    centralized Bridges whereas pania of devhub made the case for decentralized intelligence discussing how combining blockchain transparency with AI would revolutionalize collective decision making processes the East Soul haathon featured comprehensive bounties put together by devhub covering everything from building on near to integrating change signatures which resulted in 45 total submissions 11 of which were for all three near tracks and that was a record-breaking

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    result next slide please ex me finally the shifi summit highlighted the importance of building inclusive web three communities with mir's very own J blocker leading the conversation on fostering a vibrant web three culture moving on uh nearest social media impact was undeniable next slide evidenced by the touch movement that became viral leading to significant crypto Twitter engagement the creation of MIM coins hundreds of thousands of Assets in economic activity and the launch of the

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    proof of touch nft collection next slide in terms of pure chain signatures gain substantial coverage from leading crypto Publications such as coindesk interview and candle Co proximity Labs um blog words the blog and others underscoring its industry impact next slide KS played a pivotal role in amplifying chain signatures news resulting in remark remarkable engagement metrics showcased on this

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    screen next slide and last but not least near community connection shown throughout various Korea B week side events including chain obstruction dinner and party the official B Asia after party and more special mention goes to Ryan Taylor for leading the engaging admin Community activation further integrating attendees into the near ecosystem by meting dragon soul and magic dragon eggs our both engagement CL

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    D Asia and its Soul were unparalleled thanks to the dedicated wordss of representatives from Pagoda proximity near devhub near foundation and of course the community next slide in closing I want to thank to this incredible team for their and wering dedication to delivering an unforgettable experience and career and until the next time thank you for your attention awesome thank you so much Olga wow I mean the fomo wasn't enough and now it's it's even worse um

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    unfortunately wasn't able to make it out but uh a lot of amazing things happened in Korea uh and I can definitely say the same for the team uh at the end and Echo that um so I appreciate you coming on uh next up we have Jared Barnes from the near Horizon team to again relay some of the outcomes of Horizon 2 success met metrics and also shed a little bit of light on the upcoming hcn3 cohort of which now applications are currently

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    open um so Jared over to you Marcus thank you so much also having fomo of not making it to Korea but we do have some exciting things to share uh of what's going on through Horizon uh feel free to go to the next slide so G to give you all a 60c accelerated recap of our accelerator and everything that's going on uh in the early stage ecosystem on near go ahead to the next slide as a quick reminder folks if you're not familiar with hcn or Horizon uh we are

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    an equity free accelerator progam program that means uh we do not take any piece of the pie of your project we also don't make investments however we do provide outsized value in our experience uh we work with early stage Founders uh through uh eight weeks to help them do everything from validating their idea to designing a comprehensive business model to tactically thinking through go to market uh to really meaningfully accelerating their development um and more importantly um building a

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    compelling narrative around their story to raise Capital we ran our second uh cohort um kicked off in late January just wrapped up a couple weeks ago in mid-march um and if you go to the next slide we could not be more proud of the 29 teams that went through our program I have some uh teams called out here but overall we saw 3.5 million in external Capital raised almost 2,000 people turned tuned in to our demo day uh which was absolutely incredible U we'll be

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    posting some Recaps of all the projects who demoed actually uh in the coming days so be sure to check that out and almost half of our projects are now live on mainnet um which a majority were not coming into the program a couple call outs um we had some folks present at previous Town Halls that I wanted to again just give huge shout outs to Quest protocol um you all may have seen uh shom uh they raised 500k through the

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    program launched their SDK to uh enable gamified on boarding for crypto daps really exciting in what they're building uh Nish at supercharge who presented a few weeks ago um is preparing to launch uh their dpin use case which essentially is the Airbnb for um EVS so really excited there and then Rob in the Plato team um man they had some incredible growth through the program and they're preparing actually to launch their fat token here soon um and then suuri uh which is actually one of our B2B use

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    cases went viral on you uh on far um they acquired over 10,000 users in a day which was really exciting uh for them to see um and really grow through the program um if you go to the next slide margus uh one of the other things that we are excited about is we do a lot of program based experiences but we wanted to actually make that happen uh IRL um so we hosted a pop-up event at

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    eth Denver um and organized a dinner for our Founders we had almost 300 Founders RSP for our event it was literally over oversubscribed to the fullest um and if you are in town actually uh in New York on Friday we're hosting another Meetup at nft NC I just dropped it in the chat and for the folks who are on YouTube as well please come say hello and get to know us and get to know some of the other Founders um who are building um through um our program as well and then if you go to the last slide uh we're

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    excited to keep this going we are actively recruiting for our next cohort uh hcn 3 right now this program is going to be running from May 20th through July 12th we're going to be um uh capping the program with the demo day at ECC in Brussels and we're going to be having some fun too uh because Summer is for shipping it is for uh deploying it is for uh creating incredible onchain experiences and so we're excited to uh experiment have some fun and continue to

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    work with amazing Founders if you scan the QR code there on the screen of take you to our website and application if you have any questions please uh come say hello on Friday at nfnc uh or feel free to send us a note Marcus back to you man awesome thank you so much incredible metrics incredible successes and really looking forward to uh what comes out of hdn 3 um I'll also go ahead and shoot the links in the YouTube uh for those

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    that are watching live um next up we have some project deep Dives uh coming from some exciting projects that are building and launching on near so um first up we have dapdap Nick I believe you are here I'll go ahead and hand things over to share your screen gmgm everyone um it was a pleasure meeting a lot of you guys out in Korea had a blast sorry for those that could not make it it was a it was a wonderful time so it was great to connect with everyone again and uh yeah a tremendous uh you know Round of

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    Applause to the teams there that put together all of the events um you know everything runs super smoothly but uh without further Ado let me get right into it um here let me try and share my screen cool cool can you see this perfect yep awesome so I know dtop has been talked about uh either from Ilia side or you know near Foundation pushing us but I just wanted to give a quick overview with you know what is dbap again where are we and what

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    are our plans for Quarter Two and the year Beyond you know just starting off again what is dapdap we are you know positioning ourselves to be your universal gateway into theem layer 2s um being powered by BOS and you know near as a whole um and so what does this mean ultimately right we're we're really trying to solve this notion of fragmentation we're trying to redesign the user Journey for accessing and using

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    defi across layer ones and layer twos specifically ones that are evm compatible but eventually nonm as well um and really the core pillars here are to you know improve this notion of simplicity and convenience and accessibility whether it's for daps or even for users to discover and use new applications and protocols across different networks and chains right so within one platform

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    right and with one wallet signin you can access you know a variety of different applications over 150 ones available right now across 15 different evm compatible networks you can go in you can swap lend borrow Bridge all in one place um you know via our decentralized front ends and the solutions we've aggregated so far now really the problem here is you know us only have 10 minutes and so with the current Solutions out there do we really think you know we can onboard the next billion people into web 3 the most

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    likely answer is probably not right and it's the space is only going to get more complex more technical there's a 100 later twos coming out thousands of applications and so ultimately this is really the reason for why we build dapdap we're trying to improve the space we're trying to make um navigating defi just a little bit easier a little bit more seamless and a little bit more fun right so in about a month actually um we

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    have about 880,000 users now um in about 40 days sorry and about 90% of the conversions have been sorry about 90% of the actions taken on dapdap have been able to you know convert to um on actions um with several users actually lending a significant amount of money across liing protocols and driving a lot of volume um to certain dexes and certain um money market prot protol so

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    um we can definitely see here that users are using our front end to actually use defi not just necessarily Farm um certain points that we're giving away or certain incentives um people are actually using this as a real use case to go ahead and navigate you know different layer twos and layer ones that are available um and so we've been very proud to see some of the campaigns that we've done so far take um you know take traction and people have been fun giving us a lot of good feedback and so there's

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    definitely still more to be done but generally I think we're off to a great start um I can't show this video right now um just because I I would suggest you guys to go on and actually check out Odyssey Volume 2 that's live on dapdap right now but all right oh sorry I can't but I don't know if you guys can hear it so I I'll just skip this video right now um but sorry going in in a sense what we're trying to do is we're really trying to customize you know the user Journeys that we're creating for each ecosystem

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    making sure that we highlight certain native protocols and daps live on say a chain but also bring on board certain partners that can help amplify um The Campaign that we're running as an example right we' brought on board wallet Partners like bitg get um trust wallet um okx as well whereby we can co-amplify certain campaigns that we're launching on on Linea on scroll on blast

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    and really Drive attention to the certain native daps that we want to drive onchain actions and all of this ties in together because of this game of element that we're creating with Odyssey and it's about creating a moreing experience to actually drive and of course all this is powered by posos so the the thing to drive home here for viewers that are watching on YouTube is that front ends and smart contracts are two different things what we're doing is we're deploying frontends and we're calling smart contracts from

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    prominent protocols such that they are hosted on near nodes and not something like AWS so we deploy these front ends and you're essentially using the exact same protocol but it's just in one app right so you're using a swap widget um you're being able to lend and borrow within our platform as if you're using something like layer bank or another lending protocol and so this allows us to be multi-chain allows us to be able

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    to use a variety of different protocols and it's hosted by near BOS as of right now um we actually have a campaign going live which will be scroll next week and then blast will come mid April um and then ZK sync will likely follow um but as a whole what we're trying to do is still capture narratives like lrts um you know as soon as near starts to release some AI stuff we'll capture that too it's how can we keep ahead of the trend um and essentially make our platform this attention layer by capturing you know

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    maybe 5 to 10% of the user traffic between layer twos um and making sure that the product as a whole continues to improve because we've got a bunch of features coming down the line um and making this a you know fun engaging and seamless experience for new users or even aage users within defi um yeah so let's eliminate fragmentation let's unify liquidity let's capture some of this Market tension and let's be the

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    def facto defi app that users want to use um and let's dapdap each other up so if you guys want to follow us follow us on Twitter um drop us some some comments there you know join our Discord ask some questions we've got a an Ama or town hall next week I believe and uh stay tuned for more updates there's a bunch of things coming down the line in April and in court too so yeah thanks for

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    having me awesome thank you so much uh definitely appreciate you coming on here and uh providing a sneak peek into what you're working on you know an overview of what dapdap is and how people can get involved let me go ahead and go back to the deck uh next up we have um East blue uh we have Ricky from the East blue team coming to present what they are building on near uh it's super exciting and if you're here I'll go ahead and hand things over to you to share your

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    screen hey Hope L hope you guys can hear me um y so sharing my screen now um right hope you guys can see my screen now all right so um uh thank you so much uh for inviting me to kind of like present in this town hall so kind of like share what we've been building for the last several months so we're building is blue the universal application layer for Bitcoin oops next um in layment terms uh

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    we are building the Bitcoin super app um but in much longer sentences we are a universal application layer for Bitcoin we're building a new Bitcoin layer CH scaling solutions that acts as an inspection layer that enables users to interact with the Bitcoin ecosystem any layer one any L chose uh from a single unified interface so um this kind of like the journey that we planning to uh

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    kind of like build so the users deposit their Bitcoin into um e substraction layer part by near protocols and then with chain abstraction with iner we can allow our users to interact with like near protocol directly like Aurora evm based on near but also like any other uh Bitcoin based layer Solutions out there um so this kind of like the uh the demo the tested versions of what we have at the moment that I kind of like mode back in Soul so um as you can see on the left

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    side we have alice. which is a newly generated account on near protocol and like she generated a new Bitcoin address using near MPC and later on at Le like she want send like a Bitcoin from her Bitcoin wallet alice. BTC um directly into her own newly generated Bitcoin address like she like basically transfer like 0 something uh Bitcoin into Al that is but not only Bitcoin Alice can also send ordinals so one address means one ordinal so every time Alice want to

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    deposit a new originals from Bitcoin address from her own Bitcoin address she can send it to this newly generated Bitcoin address on East blue which is going to owns an orinal so it might take a couple of minutes uh like Bitcoin is very slow but I just fast forward it like it will take 10 to 20 minutes so once the assets uh received by Alis on the near site like Alice can claim the

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    Bitcoin Alice can claim the ordinals and once it is on the East blue which basically lives on near protocol you can easily send the the Bitcoin the mirrored versions of Bitcoin the mirror version of the ordinals directly into another users their protocol so in this case like Alice is sending it to the to Bob like not only the tokens not only the Bitcoin but also the ordinals as well it's just like any standard fible tokens and non fungible tokens on on near

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    protocol once the ordinal is being sent to Bob then Bob can actually withdraw the specific ordinals that you know that is mirrored on near directly into his own wallet on bitcoin it is a very simple well pretty much a a central exchange hisian type of things but everything is I'll say um decentralized and secured by 200 plus near valid letters um so yeah let's wait like just couple minutes like receiving ordinals

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    um and yeah receive ordinals so that's pretty much what you know what it would look like in the future with chain abstraction you can easily move back and forth your asset from another from one chain to another chain easily and you know like even with even with nonprogrammable chain like like Bitcoin so let's Deep dive into uh the technical uh implementations of how we're currently doing it so the first one is deposit how do we

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    deposits obviously um users need to generate a new Bitcoin address in which we uses near um chain abstraction uh a con aggregation um technology and derri a new Bitcoin address on ebtc let's say that's kind of like this Bitcoin smart contracts so this uh we have this uh kind of like function to get your Bitcoin address for examples uh get Bitcoin address from ebtc near smart contracts and the pad is from alice.

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    East with the first Bitcoin address that she owns um the second step is um so we need to kind of like index all the utxos that is being that is related to the newly generated Bitcoin addresses um in the first phase we are going to have this proof of authority models but later on we can decentralize it with a lot of these nodes um the last steps is to kind of like mint the mirrored version of that assets it could be fible tokens for Bitcoin um also be you know fible tokens

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    for bc20 but it can also be NFD for ordinals um so the nodes will then set the pending utxo and when the users claim the kind of like specific asset it will meant um like the it will meant the mirror versions of the specific assets e BTC for uh for Bitcoin and ordinals near for uh for ordinals um for withdrawal steps it's it's not that easy because Bitcoin is gxo based not account based model in which very

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    much different with you know like smart contract platforms that usually um uses uh account balance model so overall like is Bitcoin near owns a lot of utxos like you know when the users deposit a new Bitcoin uh into a newly generated Bitcoin address then it's going to be like P ofx there's going to be a lot of utxos so the first one is to kind of like filter out which utxos are ready so

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    for example as you can see there's there are a lot of like 546 Sates or 100 satosi that's usually ordinals the ordinals you know set of you take so that is being fixed so that you know that this is ordinals so we filter out you know which ordinals which are not and after that we use this coin select algorithms to pretty much select all thex that is being required to send out for withdrawals and for ordinals we kind of like need to have this dumb utxo because you cannot send just ordinals or

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    the transaction so you need another kind of like utxo there is being there is being you know uh something that we call dxo to make sure that transfer can happen and lastly um the first one of you to sign all the you know all the transactions on the near via near MPC uh basically uh you know like signing all the transactions and kind of like broadcasting it in the Bitcoin Network to make sure that the you know that the

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    specific Target address will receive the Bitcoin or the ordinals directly know without even needing to claim or do something on the Bitcoin Network and yeah that's pretty much how the technical implementation about this blue is all about um so we do have this campaign that is up and running uh right now this air drop season and is token is going to be air dropped to you know to the community so we do have two

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    campaigns the first one is this thing called uh East Alliance in which it is a social uh social Mission type of things we partner up with a lot of Bitcoin lch with a lot of orinal projects so you know like be sure to kind of like join in if you want to kind of like be eligible for some add drops and go to h.b. we launch it like a week ago and we and right now we already have 30,000 users joining the campaign and the

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    second one is p the second one is Paras Pioneer campaign so um you know if you hold or stake Paras from 2022 2023 to 2024 we're going to have this random snapshots you know throughout this three years period so be sure to check your eligibility and go to Pioneer dop par. ID think that's pretty much it uh thank you so much uh back to you Marcus awesome thank you so much super excited for East blue that was a very comprehensive detailed kind of overview on how it works and what to expect um

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    the last section um see if it's worth pulling up my uh my slide deck here we have near week that's going to be presenting all of the exciting things that have been happening in the near ecosystem Peter do you want to share your screen or do you want me to share mine uh please go ahead and share M sounds good to me let me pull the deck back up here all right um are you able to to see yes I am awesome sounds good Peter

74. 35:32

    over to you thank you very much Marcus um I want to kick things off by giving a huge shout out to Flipside crypto and all the analysts that are providing insights analytics and dashboards every week um thanks to you it's become very easy to grasp the momentum of the ecosystem it's clear to see for everyone that numbers are increasing on The Daily so just want to say keep it up next slide please as you can tell from the stats on

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    dep radar and this tweet by one of the flips side crypto analysts near is still the protocol with most unique weekly active users we've seen a almost 400% surge in weekly transactions on the past seven days um and also as you can tell from the uh trending projects on near we have users in the sizes of millions and I can tell from this chart that it's not even including here wallet

76. 36:26

    and the hot wallet team who've been contributing significantly so it still looks like Mass adoption is near next slide please and speaking of the hot telegram wallet it's now possible to Mint nfts directly in the wallet and I want to say Peter rest assured we do appreciate you and all the guests you've you've spent keep pushing the limits of what is possible with Nia keep showcasing the

77. 36:51

    text de next slide please neara AI is back so I want to say hello old friend we've been wondering how you were doing Alex kov is it you teaching machines how to code you say where it all began with Ilia Alex and Max you say A medium page full of advanced Ai and machine learning research posts and words I don't understand it sure sounds like the future to me it must mean that the future is near I'm very excited about this one and I think this is one to keep

78. 37:23

    an eye on in the coming months next slide please so a little birdie told me that black Dron and nio will be listed on mexc soon with coinx listing Lun and black dragon lately and this is a nice addition showing that retail is definitely interested in in the near meme space and by the way you didn't hear any of this from me next slide please it also seems um or building on that that actually the meme communities are thriving on near shito nft mint so out in less than two minutes and the devs at shitzu have revived the token TK

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    and. Farm making it incredibly easy for anyone to launch their own M community on near so huge shout out to shitzo Black Dragon partnered with here wallet and they allocated an airdrop for people who swapped their meme coin to the U1 token on the wallet and they will allocate going forward 20% of trading fees from the dragon bot to buy and burn black dragon that's bullish um the niik

80. 38:24

    Genesis collection plush is sold out and and the commencement of the Dragon Ball part two has been announced and it's I think it's so great to see a lot of collaboration across the meme communities the V2 sponsors and rewards are from Black Dragon Intel near and near viia and will run for four weeks do trading at your own risk next slide please so maybe don't need to go too much into detail to this as Jared very excellently presented all the good stuff

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    going on at Horizon I just briefly want to mention that they've debuted their founder Hub which is a evolving resource to guide Founders and builders in building their projects on the near and contains a lot of valuable information across all the very common pain points and areas from what like needs when you're newly running web 3 company from legal entity brand awareness to launching and deploying so if you're looking to build on near I highly suggest you go apply to the Horizon

82. 39:28

    program next slide please um it was recently announced that Hai received a an investment from the near foundation and um in case you didn't know it just building a community out of the 24,000 fast channels and fast stands for free ad supported TV and these Channel have a lot of viewership but poor revenue and Edge is trying to be a value ad for broadcasters um by placing a QR code on their content that any view can scan and upon scanning you enter the

83. 40:02

    edge ecosystem and you can then enjoy their untrain unchain Awards rewards for doing so um on top of that edge proprietary I AI scans content in real time to provide shopable TV and gaming through a second screen delivering an interactive streaming experience so I want to say welcome to your new home hiai and I I would I suggest everyone to go check out their solution it is pretty cool also crowny has joined the near ecosystem they've also been they also received an investment from the near

84. 40:34

    foundation and I had the pleasure of meeting Quincy at near APAC crowny seems like a great project and they're launching their web three loyalty and rewards platform on near and aiming to expand that with AI powered features nowhere else to do that but on near right next slide please as you all may have known may as you all know chain signatures went live at e so and I must say that was one hell of a launch um in a I would almost say defining more announcement at B Asia

85. 41:05

    where ilon unve chain signatures um I would call it a revolutionary feature for web 3 which is only possible on near protocol and this Cutting Edge technology leverages a decentralized multi-party computation Network also referred to as MPC which is secured via near staking and igen layer with read sorry IG L eth rakers great collab as well um as we look to ig L going live within the next couple of weeks and this

86. 41:35

    will enable near accounts including smart contracts to sign transactions across any blockchain which is that's pretty much that's pretty mind-blowing so 2024 is not only the Year of the Dragon it's also the year of hiding the complexity of multi-chain infrastructure to deliver the web 3 experiences users is driving for and and the multichain future is becoming the chain abstraction future on near protocol so to all the developers out there I highly suggest

87. 42:05

    you become a Chad today a chain abstraction developer I don't guarantee you're going to look like this guy but you're definitely going to feel like him with the powers that NE protocol is going to give you and um you can get inspiration from use cases that are being built out currently we just saw East blue and ddap showcase their products Linux protocol mint base and sweat are utilizing the technology as well so I go I suggest you go check those projects out and if you're

88. 42:35

    interested in building cross chain defi products or you got any other ideas you better reach out to proximity they can provide Financial Technical and goto Market support and much more and there's also a dedicated chain signatures link tree page at the bottom of this slide if you want to check it out next slide please oh uh can we go back marus just one second I just quickly want to say also um the E Soul hackathon winners is someone I'm which which touches upon

89. 43:10

    chain signatures is is a project I'm very excited to follow um they combine intents with cross chain Defi and um hearing rumors that Ilia has been giving them some one to one sessions I cannot be more bullish okay next one please so this slides kind of like sums up some of the bullish tweets we've been seeing since the last town hall and I would say with all that's Brewing around the near ecosystem from AI to abstracted

90. 43:43

    multichain dabs telegram Bots meme coins um it doesn't come as any surprise that many of the big names around CT keep mentioning near and since last Town Hall we saw tweets from the likes of haka he tweeted mult several times OD gems arur ZX virtual bacon coindesk and coin Bureau who also released their near review 2024 report which is pretty damn bullish I go I suggest you go read it next slide

91. 44:16

    please touched or the touch by Jensen Wang thank you David Mo for picking this up and sending it as we speak the twiter has got more than 2 million questions and is it basically went viral on crypto Twitter it started out as what I would describe as maybe a storm but you know incredible what a little bit of humor can do keep up the good work David and in general the ne marketing team

92. 44:41

    this was a stroke of Genius Next slide please and there's going to be more touching in 2024 so Elia you better Stack Up on vitaminc and hazardous material suits with touch only getting started I predict you'll wear uh you'll wear one of these suits down per conference everyone please remember no consent no touch no photo on that note I also want to send a huge shout out to Ilia for being extremely visible present and accessible on media and event

93. 45:12

    platforms lately basically it seems like you're all over the place pushing this technology and I want you to know that your effort is highly recognized and I hope you know how much we admire and appreciate it please remember to touch grass as much as possible when you have the time last slide please so to wrap it up I want to let all you guys know that from a neic point of view it's it's pretty clear that near

94. 45:38

    protocol is is at the Forefront of making blockchain technology accessible and intuitive with a very clear vision and concrete steps towards achieving a seamless blockchain experience for all it may even seem that near is starting to demonstrate that is actually beyond the rest of web 3 demonstrated by both its capab ilities and the types of things building on it and most critically projects are doing things on near that they're not able to do on

95. 46:04

    other chains so better buckle up ladies and gentlemen top 10 here we come so dear friends let's keep on showing the world what the N system is made of let's keep kicking ass at events and being a cool ass Community keep up the good work everyone make sure to help each other out and play it safe and remember that none of what I just presented and said should be conr as Financial advice as

96. 46:28

    always do your own research and follow near week if you want to stay up to date on everything that moves near protocol bless you all have a great evening thank you so much Marcus thank you thank you Peter amazing updates as usual and appreciate everybody who tuned in today um thank you all for being here and until next time we'll see you later take care everybody