Zubair Quraishi talks to Sam Buxton of Damex about the Damex app, token and what the future holds

In this episode Zubair Quraishi and Mark Rees talk to Aaron Payas, a Crypto Lawyer who works at Hassans in Gibraltar. We discuss "Warm Crypto Wallets", and why Gibraltar is a leading jurisdiction for regulated Crypto Companies

In this episode hosts Mark Rees and Zubair Quraishi talk about the recent Mach 2023 Bank Collapses, Silicon Valley Bank, USDC, and how they are all related.

01:01 What is BitHotel? It is a Web3 based Metaverse which allows people to interact and play mini games together 

01:50 Bithotel has been released over a year ago and has had around 100,000 users  

02:10 Bithotel works both with Google Login and crypto wallets like MetaMask, as they are trying to attract non-crypto users as well as crypto users 

03:30 How do BitHotel (BTH) tokens work in the game? 

04:05 Which blockchains does Bithotel work on? Binance Smart chain, Moonbean and others soon 

04:40 Is BitHotel decentralized? No, BitHotel runs on centralized servers and databases, and uses crypto for NFTs and in game items. Also, running everything on chain would be too slow, and a terrible user experience since the user would have to keep signing transactions in MetaMask 

06:30 How is BitHotel different from crypto games such as Axie Infinity? BitHotel is 2D, and users don’t just earn tokens, they also have to stake their own tokens in order to play games 

07:50 Are people playing BitHotel just to earn crypto/money? Answer, the token is an extra, and not integral to playing BitHotel. BitHotel is about playing fun games 

09:05 Will BitHotel have user generated content like Roblox? Yes, but it will be via an API, not via a 3D game designer like Roblox has 

11:45 What did Kareem do before crypto? He was a psychologist and did some trading 

12:15 How large is the team at BitHotel? Around 30 people, mostly developers, based in Amsterdam, Netherlands. They are funded with USD 4 million from a token sale in December 2021

13:45 How does BitHotel acquire users? They run TokTok, Youtube, Meta ads, but the best advertising is using a Web2 influencer who has 8 million followers 15:06 What mistakes have most gaming companies made so far in the Web3 space? Companies raised too much cash. Also “Play to Earn” should have been “Play for Fun” 

17:25 What does Kareem think of Alex Becker? Even though Kareem doesn't follow Alex anymore, Kareem thinks that Alex probably knows his stuff in the crypto gaming space 

18:30 What does the next 3-5 years hold for crypto and gaming? Web3 Games quality should go up and the market should grow a lot, partly because of the increase in regulation 

19:30 How is crypto regulation in Netherlands? It is ok, but not as far advanced as regulation in Dubai or Singapore 

20:25 Where can people find BitHotel? bithotel.io

Cyberscope Crypto audits: https://www.cyberscope.io/ 

CoinScope Check out new airdrops here: https://www.coinscope.co/

00:00 Introduction to Cyberscope. They specialise in Smart Contract audits and Web 3 Security, having done over 750 crypto audits on Ethereum compatible blockchains  

01:40 How many people work at Cyberscope. 17 people work at Cyberscope, with the main office in Greece  

02:15 What was CoinScope, Thanos's first crypto project, and how it inspired Cyberscope  

03:45 Why code is law, and why "Developer KYC" and secure smart contracts are important  

04:59 Since the Terra/Luna and Celsius collapse how much building is going on in the crypto community? There is a lot of work going on during this downturn  

06:15 What are the different security issues for Etheruem compatible vs non Etheruem compatible projects like Solana? Many Solana developers have moved the Aptos chain (formerly Facebook libre) which is not Ethereum compatible but has a strong developer community

11:05 What is the typical security checklist for a security audit? KYC of the developers and a written audit which is for the benefit of investors in crypto projects  

12:50 Who pays to do an audit? The investors pay most of the time, since it is part of their due diligence  

14:30 How does Cyberscope deal with scam companies which pass all the crypto audits? This needs manual research, and can't be automated at the moment. There are also blacklists to help tools like Metamask identify bad actors  

19:00 What is future of crypto security for the general public using Web3?  

22:00 What is the real future of crypto in general? Payments are the killer app as real time international payments with stablecoins are already being used and growing fast  

24:01 The FBI, and EU government departments have contacted Cyberscope for help  

25:20 How governments are getting very crypto savvy  

26:10 How do networks like Cardano differ from Ethereuem when making smart contracts?  

27:40 How is Cyberscope's business going to change in the next few years?  

29:50 A new feature in CoinScope is to check out new Airdrops. It is a good way to learn about researching crypto projects  

31:40 Closing comments and where to find us

In this episode Zubair talks to Alex of nSure.ai, who are taking the risk out of onboarding customers to crypto to prevent fraud prevention.  

00:00 Introduction 

00:18 What is nSure.ai? A payment protection platform for online payments for merchants dealing in digital assets 

03:50 What is the issue with credit card companies using chargebacks? The history of credit cards also explained 

06:30 Explaining "Card not present" transactions 

08:30 Do crypto stable coins solve some of the problems with credit cards? 

10:50 Why crypto is so attractive to fraudsters 

12:00 What tools are there to prevent crypto fraud? 

12:34 How bad is the fraud problem for crypto exchanges? On ramp to crypto is explained too 

14:30 Moving from a 60% decline rate to 30% 

15:25 The difference between "Anti Money Laundering" and "Fraud Prevention" 

16:20 How nSure.ai prevents fraud 

17:20 How nSure.ai started as a gift card marketplace 

19:01 Where will the crypto payments industry be in 5 years? 

20:40 Why the banks will have to take back responsibility for chargebacks in the future 

23:25 Why transaction reversal will come to crypto, and is essential for mass adoption 

25:10 Ending credits and close

In this episode Zubair Quraishi talks to Karnika Yashwant of "KEY Difference Media" to understand how traditional companies are moving to Web3:

00:00 Introduction to Dubai based KEY Difference Media 

01:15 Introduction to KDM's Low Code "Forward Protocol" 

01:57 Karnika's personal journey from Web 2 marketing to crypto 

03:50 What are a good/bad examples of projects that could move to Web3/Crypto? 

06:45 What should a "go to market strategy" be for a non crypto company? 

08:35 How to align incentives when building a Web3 project by holding tokens 

09:20 A deep dive in the Low Code "Forward Protocol" and how it helps companies build blockchain apps 

11:45 "Forward Protocol" support EVM chain, Solana, and other blockchains 

12:20 How "Forward Protocol" can help developer to earn 

14:25 Zubair explores which parts of "Forward Protocol" are open source and which parts are proprietary and comparisons to Wordpress 

15:40 Which countries are good to be based in for crypto projects? We discuss the crypto community in Dubai 

17:40 Why Asset tokenisation and business processes are the next big thing in crypto 

19:45 Why transparency means that private blockchains like IBM Hyperledger and Concordium have a future 

21:20 Will crypto make enterprise security even more complicated with yet another log in method? 

22:20 How people can be paid directly in crypto 

23:05 Even banks in crypto friendly Dubai are not totally crypto friendly yet (hint: more friendly with regulated entities) 

23:50 Does fiat have a future? 

24:50 How crypto and blockchain will take over everything one piece at a time 

26:45 Karnika talks about how he wants to own assets, not money 

27:40 How crypto and decentralisation will be good for the world by giving people another choice as opposed to the centralised world 

28:50 How to contact Karnika or "KEY Difference Media" and ending 

Forward Protocol website: Home | Forward Protocol KEY Difference Media 

Website: KEY Difference Media | Web3 Incubator & Marketing Partner 

Karnika's LinkedIn: https://linkedin.com/in/mrkey 

Karnika's twitter: Karnika E. Yashwant (Mr. KEY) (@KarnikaYashwant) / Twitter 

Karnika's Instagram: Karnika E. Yashwant (@4dmrkey) • Φωτογραφίες και βίντεο στο Instagram 

Karnika's Facebook: Karnika E. Yashwant | Facebook

In this episode Zubair talks to Chris James Murphy of https://www.klinkfinance.com/ about their Cedefi crypto savings platform:  

00:00 Introduction to Klink Finance 

01:58 How does Klink Finance generate yield? Via Defi protocols and abitrage. Chris also explains how every 25 USDC gives a lottery ticket, just like premium bonds 

03:45 Zubair talks about Klink Finance being a USDC only business 

04:42 Chris describes how UK Premium Bonds work 

06:01 Chris's history and why he started Klink Finance to bring good financial habits to the masses 

07:54 Chris talks about how crypto companies were previously generating yields from investor capital  

09:15 Why does Klink Finance need centralised KYC to deposit USDC and passing the "mom" test 

11:02 How Klink Finance insures that customer funds are secure 

11:50 What is the status of Klink Finance (as of Nov, 2022) 

13:25 After the FTX crash what does Chris think of the future of the crypto industry? Chris talks about how should companies behave in a responsible way 

15:50 Where are Klink Finance based? They are a UK company, with a distributed team, and regulated in UK and Europe 

17:55 Will tightening crypto regulation in Europe and USA drive crypto companies away? 

20:00 Zubair discusses how European Crypto regulation MICA (which is being translated in 27 languages) could make it irrelavant once it gets released 

21:00 Closing

00:00 Introduction 

00:45 What is Fireblocks? 

02:35 How was crypto custody done in the "old days" and how is it done today? 

05:40 Fireblocks multi-layer approach to crypto security 

06:40 Why wouldn't a company build a crypto asset custody themselves? 

08:39 Mindaugas Miskinis journey to crypto 

10:35 How trading and settlements have changed over the years with automation 

13:25 What blockchain technology does and it's benefits, and use cases 

15:35 How big is the crypto and payments market? 

18:00 What are the benefits of stablecoins? 

21:55 What stops Fireblocks from running off with customer funds? 

25:50 What happens if a Fireblocks customer loses their private key? 

26:35 What happens to customer assets if Fireblocks goes out of business? 

27:25 What non-financial markets does Fireblocks serve? 

29:31 What types of assets are being tokenised? 

31:02 What are the benefits of tokenising assets? 

32:05 How are tokenised physical real world assets managed in a digital world? 

34:30 Where will the industry be in a few years? (Zubair's description of a dystopian crypto world has been cut) 

37:50 Where to find and more about Fireblocks

00:00 Introduction 

00:40 What is BoXX United? A system to allow fans to support athletes and sports clubs 

02:00 What is the benefit for fans? A single place to connect with clubs using crypto 

03:02 Have existing sports clubs tried to build crypto fan engagement systems already? 

04:04 Tim Kemland's background and what was his motivation to start BoXX United? Most athletes have a fan base but no money 

06:58 How BoXX United wants to help athletes, and how they will differ from existing sports brands by making direct connections between athletes and fans 8:01 How long has BoXX United been in development and how is the progress? They have over 50 people working on the project 

13:05 How does the KiXX crypto token work? 

13:55 How will BoXX United change the sports industry? 

15:49 How can Castoshi viewers know that BoXX United is not a scam project? 

16:42 Does BoXX United have existing experience in Sports Marketing? 

17:08 What is the future of crypto and the sports industry? 

19:05 Will BoXX United support Metamask only? No, there is KYC, so there is both a centralised and decentralised component to BoXX United because of regulation. Also Most athletes are not in crypto already 

21:20 BoXX United will launch by 2023 

21:40 Closing