In this episode of the Building Web3 podcast, host Jax Dwyer welcomes Mel Comer, a seasoned CPA and crypto expert from Fuel3, to delve into the complexities of finance in the Web3 world. Mel shares her journey from traditional accounting to becoming a leading outsourced CFO for crypto startups. They discuss the critical role of a CFO, from managing financial strategy and risk to ensuring compliance and wallet hygiene. Mel also offers practical advice on fundraising, tax considerations, and securing digital assets, making this a must-watch for any Web3 entrepreneur.

Work with us: https://buildingweb3media.com/

Chapters
00:00 Introduction and Background
02:09 The Mission of Fuel3
03:22 The Importance of a CFO
07:00 Tax Considerations and Reporting
08:24 Fundraising Tranches
13:29 Token Generation Events
24:06 Banking Considerations
27:39 Considerations for US Citizens with External Entities
31:33 Financial Management and Reporting Advice

Mel starts by narrating her transition from a traditional CPA role at a Big Four firm to embracing the dynamic world of Web3. She highlights the pivotal moment when she attended a blockchain session at a conference in 2018, which inspired her to pivot her career towards crypto accounting. Her determination to gain experience led her to offer her services as an unpaid intern at a blockchain company, eventually establishing her as a trusted CFO in the crypto space.

The conversation then shifts to the mission and services of Fuel3. Mel explains how Fuel3 aims to be the finance team that powers the vision of Web3 startups. They provide scalable services designed to grow with the business, ensuring that founders have a clear understanding of their financial health and strategic direction. Mel emphasizes the importance of communication, tailoring their approach to meet the preferences of each client, whether it's through Telegram, Discord, Slack, or email.

Jax and Mel delve deeper into the role of a CFO, likening it to a quarterback who coordinates various aspects of the business, from legal and regulatory compliance to financial strategy and risk management. Mel underscores the necessity of having a solid accounting team to provide accurate and timely financial statements, which are crucial for developing effective business strategies.

The discussion also covers tax considerations unique to crypto companies. Mel explains how the IRS views digital assets as property and the implications of this classification for transactions and tax reporting. She stresses the importance of using a crypto subledger to manage digital asset transactions and ensure accurate tax reporting, rather than relying on potentially error-prone spreadsheets.

Wallet hygiene and security are highlighted as critical aspects of managing digital assets. Mel advises on the use of multi-signature wallets and cold storage to safeguard assets, especially for high-value items like NFTs. She also discusses the challenges of maintaining multiple banking relationships to mitigate the risk of account closures, a common issue in the crypto industry.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Welcome to another episode of the Building Web3 Podcast! In this exciting installment, Jax Dwyer engages in a deep conversation with Robleh, the founder of Wadagso, an innovative startup focused on transforming the financial system. With a rich background from MIT's Digital Currency Initiative and significant experience at the Bank of England, Robleh shares his journey into blockchain technology, digital currencies, and the creation of advanced financial infrastructure.

Work with us: https://buildingweb3media.com/

Chapters
00:00 Introduction and Background
03:27 Wadagso: A Company, Not a Research Institution
06:43 Building Secure and Efficient Infrastructure with Rust
10:50 Creating a Complete Picture of the Financial System through Data
16:02 Harnessing the Power of AI in Finance
24:19 Challenges of Building a Company and Navigating the Market
29:54 The Future of Blockchain and Digital Currencies in Automation and AI
34:55 The Rise of Asset Tokenization in the Financial Industry

Key topics covered:

Wadagso's Mission and Vision: Explore how Wadagso aims to revolutionize the financial system by leveraging digital currencies, blockchain technology, and cutting-edge infrastructure. Learn about their commitment to enhancing security, efficiency, stability, and equity within the financial sector.

The Evolution of Digital Currency: Dive into the rise of digital currencies and how they have the potential to transform financial markets. Understand the impact of asset tokenization and the future of blockchain in financial transactions.

Infrastructure Development with Rust Programming Language: Discover the critical role of Rust programming language in ensuring memory safety, security, and efficiency in financial infrastructures. Learn why Rust is essential for developing secure and robust financial systems.

Artificial Intelligence Integration: Gain insights into the future of AI in automating and optimizing financial decisions. Understand the synergy between AI, data, and infrastructure and how AI can enhance risk management, transparency, and efficiency for financial institutions and market participants.

Systemic Risk Management and Transparency: Learn about the importance of transparent data and effective risk management tools in building a robust financial ecosystem. Explore how Wadagso is developing innovative data products to help regulators and market participants price risks accurately and manage systemic risk.

Challenges of Founding a Fintech Startup: Robleh shares his experiences and insights into overcoming obstacles in product development, marketing, fundraising, and customer engagement. Understand the complexities of transitioning from academia to entrepreneurship in the fintech industry.

The Future of Financial Infrastructure and Data: Explore Wadagso's approach to creating a comprehensive financial infrastructure that integrates digital currency, data products, and AI-driven automation. Learn about the vision for open-source financial infrastructure and the importance of community-driven development in achieving a better financial system.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Welcome to another episode of the Building Web3 Podcast! In this episode, we dive deep into the world of Pendle Finance with Dan, the growth lead at Pendle. Discover how Pendle is revolutionizing portfolio management through innovative use of interest rate swaps, yield trading, and strategic partnerships in the DeFi space.

Work with us: https://buildingweb3media.com/
Chapters
00:00 Introduction to Pendle and Dan's Background
03:04 Overview of Pendle Finance and its Mission
04:30 Key Features and Functionality of Pendle
07:23 User Breakdown and Use Cases of Pendle
11:04 Riding the Narrative Wave: Pendle's Growth Strategy
13:36 User Retention in DeFi: Making Money is Key
25:14 Simplifying Asset Listing and Permissionless Trading
29:41 Navigating Challenges and Maintaining Morale
35:39 User Feedback and the Evolution of Pendle's UI
37:10 Contributing to Web3 and DeFi Adoption
39:05 Partnerships and Integrations
39:31 Looking Ahead: Pendle V3 and New Narratives

Key Points:

- Pendle Finance: Learn about Pendle's mission to become the primary portfolio management protocol in crypto and DeFi. Understand how Pendle enables users to effectively manage their rates and yields, making it a go-to platform for both seasoned investors and newcomers.

- Interest Rate Swaps: Understand the mechanics of interest rate swaps and how they are applied in Pendle to provide users with the ability to manage fixed and floating rates. Dan explains how interest rate swaps work, their importance in traditional finance, and how Pendle has adapted this concept for the crypto world.

- Rates and Yields: Explore how Pendle allows users to speculate on rates and yields. Learn how Pendle provides tools for leveraging exposure to rates, locking in fixed rates, and managing yield-bearing assets.

- User Retention Strategies: Discover the strategies Pendle employs to attract and retain users. From riding on emerging DeFi narratives to engaging deeply with power users, Pendle has a unique approach to maintaining a vibrant and active user base.

- Pendle V3 and Upcoming Milestones: Get a sneak peek into the exciting upcoming developments and milestones for Pendle Finance. Learn about Pendle V3, new asset listings, and the latest features that will enhance user experience and functionality.

- Partnerships and Collaborations: Explore Pendle's strategic partnerships with major DeFi players. Understand how these collaborations enhance Pendle's offerings, bringing more value and opportunities to its users.

- Navigating the 2022 Bear Market: Hear about the challenges Pendle faced during the 2022 bear market. Learn how the team navigated through this tough period, maintaining team morale, and continuing to build a stronger product for its community.

- Community Feedback and Separate UI: Learn how valuable community feedback has shaped Pendle's development. Discover the introduction of a simplified UI designed for retail users, making it easier for everyone to benefit from Pendle's services.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

In this episode of the Building Web3 Podcast, host Jax Dwyer sits down with Thor Abbasi, co-founder of Zivoe, an innovative startup aiming to revolutionize the lending industry. Zivoe is a cutting-edge real-world asset credit protocol designed to disrupt predatory lending and high-interest consumer lending by leveraging on-chain liquidity and Web3 technologies.

This episode delves into how Zivoe is creating a transformative solution for the non-prime market, providing more affordable credit options and improving risk management practices.

Work with us: https://buildingweb3media.com/

Chapters
00:00 Introduction to Zyvo and Thor Abbasi
02:58 Disrupting Predatory Lending
13:36 Managing Risk and Differentiating in the Lending Protocol Space
25:33 Moving Towards Direct-to-Consumer Lending
29:18 Choosing Ethereum and Launching on July 31st

Topics Covered:

Introduction to Zivoe and its Mission: Thor Abbasi provides a comprehensive overview of Zivoe, explaining how this real-world asset credit protocol aims to tackle the issue of predatory lending and high-interest consumer lending by connecting on-chain liquidity with real-world borrowers.

Thor's Journey into Web3: Thor shares his transition from investment banking to the Web3 space, detailing his "come to crypto" moment in 2017 and his passion for the underlying technology that drives the cryptocurrency market.

Addressing Predatory Lending: A deep dive into the predatory lending practices that plague the non-prime market, where borrowers often face exorbitant interest rates. Learn how Zivoe is positioned to offer a more equitable solution through on-chain liquidity.

Prime vs. Non-Prime Borrowers: Understanding the differences between prime and non-prime borrowers, and how Zivoe targets the non-prime market to provide more affordable lending options.

Lifecycle of a Transaction: Explore the step-by-step process of how a transaction works within Zivoe’s ecosystem. From a borrower like Kimberly seeking funding to the use of special purpose vehicles (SPVs) for managing consumer credit products, get a clear picture of the entire flow.

Risk Management Strategies: Discover the unique risk management strategies employed by Zivoe. Learn why their team's background in traditional finance and consumer lending sets them apart from other DeFi protocols.

Regulatory Challenges: Thor discusses the regulatory challenges Zyvo has faced, particularly in the US, and how the company has navigated these obstacles to ensure compliance and build a robust protocol.
Marketing and Community Building: Insights into the challenges of marketing and community engagement in the crypto space. Thor shares how Zivoe is working to build a strong community and raise awareness about their mission.

Broader Adoption of Web3 Technologies: Thor's vision for how Zivoe can contribute to the broader adoption of Web3 technologies and decentralized finance (DeFi) lending protocols. Explore how direct-to-consumer lending can bridge the gap between traditional finance and the crypto world.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

In this episode of the Building Web3 Podcast, host Jax Dwyer engages in a deep dive with Matyas Enki, the innovative founder and CEO of Thovt.io. Explore the exciting journey of how Matyas transitioned from traditional businesses to the pioneering Web3 space, focusing on the groundbreaking concept of tokenization of real-world assets.

Work with us: https://buildingweb3media.com/

Chapters
00:00 Introduction and Background
03:26 Transition to the Web3 Space
07:41 Addressing Challenges in Traditional Investing
10:42 Crowdfunding and Secondary Marketplace
22:16 Use Cases and Applications of Toft.io
25:29 Getting Involved with Toft.io
27:52 Conclusion

Key Topics Covered:

- Matyas Enki's Background: Gain insights into Matyas Enki's extensive experience in traditional businesses, including marketing agencies, real estate investments, and startups, and how this laid the foundation for his successful venture into Web3 and cryptocurrency.
- Thovt.io Overview: Discover the mission and vision behind Thovt.io, a platform that is revolutionizing the investment landscape by leveraging blockchain technology and tokenization.
- Tokenization Explained: Learn about the innovative process of tokenizing real-world assets, such as real estate, private equity, and other high-value items. Understand how this process democratizes investment opportunities and makes them accessible to retail investors.
- Crowdfunding & Secondary Marketplace: Explore how Thovt.io's crowdfunding platform and secondary marketplace enable investors to participate in high-value deals with minimal investment, starting from as low as $50.
- Yield Generation: Delve into the benefits of reward asset tokenization, including earning passive income and generating yield through decentralized finance (DeFi) mechanisms.
- DAO and Governance: Understand the role of decentralized autonomous organizations (DAO) in Thovt.io, empowering the community to influence key investment decisions and shape the future of the platform through governance.

In-Depth Discussion:

- Regulatory Challenges: Matyas Enki shares the complexities of navigating regulatory landscapes and working with law firms and advisors to ensure compliance in the European Union and Dubai markets.
- Marketing Strategies: Discover the innovative marketing approaches used by Toft.io to communicate their vision to both traditional investors and Web3 enthusiasts, including their ambassador program and collaborations with key opinion leaders (KOLs).
- Community Engagement: Learn about Thovt.io's active engagement with its community through AMAs, Twitter spaces, and the ambassador program, which has garnered a robust following of 150 ambassadors and 5,000 white-listed users.
- Future Launches: Get a sneak peek into Thovt.io's upcoming NFT sale, which offers unique benefits such as governance rights, TOFT token airdrops, and guaranteed spots in the pre-sale, as well as their plans for the - MVP launch and token listing on decentralized exchanges.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Welcome to the Building Web3 Podcast! In this episode, host Jax Dwyer sits down with Prakhar, the visionary founder of Quboid, to delve into the fascinating intersection of loyalty programs, blockchain, and Web3 technology. Discover how Quboid is pioneering interoperability and addressing the challenges faced by brands in adopting blockchain solutions.

Work with us: https://buildingweb3media.com/

Chapters

00:00 Introduction and Background
05:04 Moving Loyalty Points onto the Blockchain
09:31 Benefits for Brands and Consumers
22:15 Wallet Integration and Token Minting
28:42 Challenges and Technical Considerations
31:03 Upcoming Milestones for Cuboid

Join us as we explore the world of Web3 and blockchain, focusing on how Quboid's innovative platform is revolutionizing loyalty programs by enhancing interoperability and providing seamless integration for brands. Learn about the key milestones, adoption trends, and technical challenges in bringing Web3 solutions to the mainstream.

Key Topics Covered:

- Prakhar's journey from a quant trader at Deutsche Bank to a leader in the crypto space, shaping the future of blockchain and Web3.
- The inception and evolution of Quboid, a groundbreaking platform designed to enhance loyalty programs using blockchain technology.
- How blockchain ensures seamless interoperability for loyalty points across different brands, providing a unified and efficient experience for users.
-The benefits and challenges of integrating loyalty programs with Web3 technology, including increased adoption and streamlined processes.
- Real-world examples and success stories from brands leveraging Cuboid's solutions to enhance customer loyalty and engagement.
- Upcoming milestones for Quboid, including the launch of an AI agent called Curious and the introduction of native tokens to the platform.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Join us in this in-depth episode of the Building Web3 Podcast featuring Desiree Dickerson, the visionary co-founder and CEO of Thunder! Discover how Thunder is transforming the mobile gaming industry by integrating Bitcoin payments through the Lightning Network, creating seamless, fast, and cost-effective transactions. Learn about Desiree’s inspiring journey from management consulting to becoming a prominent figure in Web3 and cryptocurrency.

Work with us: https://buildingweb3media.com/

Chapters

00:00 Introduction and Background
03:07 From Lightning Labs to Thunder
04:48 The Mission of Thunder
06:16 Utilizing the Lightning Network
10:00 Challenges and Opportunities in the Web3 Space
15:29 Innovations in the Bitcoin Space
25:23 Overcoming UX Challenges
30:31 Marketing Strategies
36:30 Exciting Use Cases and Applications
38:25 Where to Learn More and Get Involved

Key Topics Covered:
- Desiree Dickerson: Gain insights from the CEO and co-founder of Thunder, her background in management consulting, and her transition to Web3.
- Thunder: Explore how Thunder is pioneering the integration of Bitcoin into mobile games, creating a new paradigm for gaming and cryptocurrency.
- Bitcoin & Lightning Network: Understand the benefits of using the Lightning - Network for Bitcoin transactions, making them faster, cheaper, and more user-friendly.
- Skill-Based Wagering: Discover Thunder's innovative approach to enhancing mobile gaming experiences by allowing users to bet using Bitcoin.
- Seamless Payments: Learn how Thunder utilizes the Lightning Network to provide efficient and low-cost payments within the gaming ecosystem.
- Web3: Delve into the future of decentralized applications and gaming, and how Thunder is leading the charge in this space.
- User Experience & Analytics: See how Thunder leverages data and analytics to optimize user experience, retention, and engagement in their mobile games.
- Marketing Strategies: Find out the effective marketing strategies Thunder employs to engage users and drive growth in the competitive mobile gaming industry.

Why You Should Watch:
- Innovative Intersection of Bitcoin and Mobile Gaming: Learn how Thunder is combining Bitcoin with mobile gaming to create a unique and engaging user experience.
- Overcoming UX Challenges: Discover the strategies Thunder uses to overcome user experience challenges and make Bitcoin accessible to gamers.
- Desiree’s Inspirational Journey: Get inspired by Desiree’s path from management consulting to leading a groundbreaking Web3 company.
- Deep Dive into Skill-Based Wagering: Understand the mechanics and benefits of skill-based wagering in mobile games, and how it enhances user engagement.
- Future of Web3 and Gaming: Explore the potential of Web3 technologies in transforming the gaming industry and beyond.
Effective Use of Data and Analytics: Learn about the importance of data and analytics in driving user engagement and optimizing marketing strategies.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Welcome to the "Building Web3" podcast! In this episode, Jax Dwyer sits down with Steven from Timons to explore the groundbreaking intersection of diamonds, blockchain, and tokenization. Discover how Timons is revolutionizing the diamond industry through innovative Web3 technologies, creating a transparent and trustable marketplace that is reshaping how we buy and sell diamonds.

Work with us: https://buildingweb3media.com/

Chapters
00:00 Introduction and Background
03:16 Licensing and Real World Assets
05:27 Tokenized Diamonds: Ownership and Access
10:47 Challenges and Advantages in the Diamond Industry
19:53 TimeNFTs' Role in the Market and Partnerships
23:09 Regulatory Hurdles and Development
24:50 Value of Assets and Notable Collections
28:54 Contributing to Web3 Adoption and Use Cases
33:03 Upcoming Collections and Partnerships
35:24 Where to Learn More about TimeNFTs

Key Topics Covered:

Diamonds and Blockchain Technology: Learn how Tiamond is leveraging blockchain to bring transparency and security to the diamond marketplace. Blockchain ensures that every transaction is recorded and traceable, eliminating concerns about the origin and authenticity of diamonds.

Tokenization of Real-World Assets: Explore the concept of tokenization and how it applies to physical assets like diamonds. Tokenization allows for fractional ownership, making it possible for more people to invest in high-value assets.

Web3 Marketplaces: Delve into the creation and operation of Web3 marketplaces. Understand how these decentralized platforms are transforming traditional industries by providing increased transparency, security, and efficiency.

Licensing and Trustability: Understand the rigorous licensing processes Tiamond undertakes to ensure trust and legitimacy in their diamond transactions. Learn about the importance of regulatory compliance in the blockchain space.

Transparency and Security in the Diamond Industry: Discover how Tiamond provides transparent pricing, traceability, and secure transactions. Learn about the measures taken to ensure that every diamond is conflict-free and ethically sourced.

Fractionalization of Luxury Assets: Learn about the fractionalization of diamonds and other luxury assets, allowing for democratized access to high-value items. This innovative approach opens up new investment opportunities for a broader audience.

Strategic Partnerships and Ecosystem: Get insights into Tiamond's strategic partnerships with entities like LCX and XRP Ledger. Learn how these collaborations enhance their offerings and expand their reach in the Web3 ecosystem.

Democratizing Access to Diamonds: Understand how Tiamond is making diamond investments accessible to everyone through their tokenized marketplace. Learn about the benefits of owning tokenized diamonds and how they can be traded securely on the blockchain.

Future of Tokenized Assets: Explore the future of tokenized assets and how they will impact various industries. Learn about the potential for tokenizing other physical assets such as real estate, art, and luxury goods.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Welcome to another episode of the Building Web 3 Podcast! In this exciting installment, host Jax Dwyer sits down with David Johnston, a renowned contributor to Morpheus, to explore the cutting-edge intersection of Web 3, AI, and crypto. David shares his fascinating journey from early internet startups to becoming a pivotal figure in defining decentralized applications (DApps) and his current work with Morpheus.

Work with us: https://buildingweb3media.com/

Chapters
00:00 The Journey from Web 3 to AI and Crypto
05:09 The Power of Smart Agents in Web 3
09:08 The Need for Decentralized AI
22:09 Building a Marketplace for Decentralized AI
29:31 The Four Buckets of Morpheus: Capital, Compute, Code, and Builders
41:19 Upcoming Milestones: Compute Testnet and Expansion to Other Chains

David kicks off by sharing his early experiences with AI and crypto, reminiscing about the days when AI was just a dream and how he turned his passion for economics into a successful foray into Bitcoin and decentralized applications. As the DApps pioneer, David explains the foundational principles that define decentralized applications: peer-to-peer networks, open-source protocols, blockchain integration, and token utilization.

The conversation takes a deep dive into the fusion of AI and crypto, highlighting the revolutionary concept of smart agents. David elaborates on how smart agents, connected to Web 3 wallets, can interact with smart contracts, offering unprecedented user interaction and action-taking capabilities. This discussion includes an in-depth look at the Morpheus platform, which incentivizes compute, code, capital, and builders to create a decentralized AI marketplace.

Key topics covered in this episode include:

- The evolution of Web 3 and its transformative impact on AI and crypto
- How Morpheus is pioneering decentralized AI with smart agents and blockchain technology
- The role of the Mor20 standard in enabling fair launches, staking, rewards, and testnets
- The integration of decentralized AI on platforms like Solana, enhancing the Web 3 ecosystem
- Insights into the capital, compute, code, and builders that drive the decentralized AI marketplace
- The importance of user safety and simplifying the Web 3 user experience through smart agents
- How decentralized compute networks like Akash and BitTensor support Morpheus' vision

David also shares insights into the regulatory challenges and the importance of decentralization in AI development. He discusses how regulatory pressures in regions like California are driving the need for decentralized AI solutions that bypass traditional gatekeepers, ensuring open and accessible AI for all.

Listeners will gain valuable knowledge about the practical applications of decentralized AI, such as using smart agents for DeFi transactions, staking ETH, and ensuring user privacy and data security. David emphasizes the critical role of decentralized compute in providing the necessary infrastructure for AI models, highlighting collaborations with networks like Akash.

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Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Welcome to our latest video where we dive deep into the revolutionary world of Web3 games with Jax Dwyer and Koji, co-founder of Parallel Studios. In this episode of the Building Web3 podcast, we explore the cutting-edge innovations in the gaming industry, focusing on Parallel Studios' groundbreaking projects like Parallel TCG and Colony. Whether you're a hardcore gamer, NFT collector, or Web3 enthusiast, this video is packed with insights and key information.

Work with us: https://buildingweb3media.com/

Chapters

00:00 Introduction and Background
03:20 Building Fun and Engaging Web3 Games
08:55 Starting with a Fun Game and Capturing Gamers' Interests
13:12 The Bull Case for Web3 Games
26:25 Partnerships and Expansion with Rakuten
29:43 Upcoming Features and Improvements


What You’ll Learn:

- Parallel Studios’ Origin Story: Koji shares the fascinating journey of how Parallel Studios came to be, from his background in software development and crypto involvement to the inception of the studio during the pandemic. - Discover how a group of friends turned their passion for games and NFTs into a thriving Web3 gaming studio.

- The Mission of Parallel Studios: Learn about the dual mission of Parallel Studios to create engaging Web3 games and compelling stories. Koji explains their focus on creating games they always wanted to play, along with developing a rich sci-fi universe that extends beyond gaming into comics and potentially movies.

- Parallel TCG Overview: Dive into the world of Parallel TCG, a sci-fi trading card game that offers a unique twist on classic card games like Magic: The Gathering and Hearthstone. Understand the game mechanics, the strategic depth, and the collectible NFT cards that enhance the gameplay experience.

- Colony: The Next Big Thing: Get an exclusive look at Colony, an upcoming game from Parallel Studios. Koji describes this sim survival game where players interact with AI-controlled characters, guiding them through a dynamic and immersive environment.

- Challenges in Web3 Game Development: Koji discusses the unique challenges of developing games in the Web3 space, from balancing the interests of gamers, collectors, and speculators to navigating the technical and market complexities.

- Marketing and Community Engagement: Discover how Parallel Studios leverages community engagement through platforms like Discord and Twitter. Learn about their innovative marketing strategies, including the successful use of NFT pack openings to generate excitement and fund their projects.

- Partnerships and Future Developments: Learn about Parallel Studios’ exciting partnership with Rakuten in Japan, which aims to bring their digital and physical products to a broader audience. Koji also hints at upcoming features like automated tournaments, improved UI/UX, and more.

- -

Disclaimer: Nothing said on Building Web3 is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jax, and our guests may hold positions in the companies, funds, or projects discussed.

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/ 

Need technical content? Book a free strategy session with our team at https://jaxdwyer.com/