- 6 weeks ago
Join Zeeve Cofounder & CEO Dr. Ravi Charia in this special AMA featuring Autheo Founder & Managing Director Scott Bayless and Chief Engineer Officer Kenneth Harper. Explore how Autheo, a forward-looking venture building a sovereign Layer 1 (L1) chain on the Cosmos SDK, is addressing the major challenges of interoperability, developer experience, and enterprise adoption to seamlessly onboard Web2 users and builders into Web3.
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TechTranscript
00:00Yeah, hi everyone. My name is Ravi. I'm the co-founder and CEO of Zeev.
00:05And first of all, I would like to welcome everyone to this special Zeev AMA.
00:11And today we are very excited to feature Authio, one of the most forward-looking venture in the blockchain space,
00:21building on Cosmos SDK, a sovereign L1 chain,
00:24and with a target to bring in more and more Web2 users into Web3,
00:30whether the enterprises or other Web3 builders.
00:35And today we have Scott Bayliss, who is the founder and managing director at Authio,
00:40and Kenneth Harper, who is the chief engineer officer at Authio.
00:45So yeah, so welcome to this AMA.
00:47So starting with Scott, first, you know, we would love to hear about a bit about yourself,
00:54your entrepreneur journey. I know you have been a seasoned entrepreneur.
01:00So what inspired you to start Authio?
01:02What inspired you to launch your sovereign L1?
01:06And what kind of challenges you are seeing in the current market that Authio is trying to solve?
01:13Thank you, Dr. Ravi. It's really nice to be here, everyone.
01:16My name is Scott Bayliss, as I was introduced, and I've been in technology for about a little over 30 years.
01:25I launched a company back in the 90s when the Web started and built about 300 interoperability solutions
01:32with about, built it up about 350 or 300 engineers and software developers.
01:40And really, I started following blockchain about nine and a half years ago.
01:45So the company started really with a vision, and it became an uncompromising vision.
01:50A person, Todd Mortensen, one of the best entrepreneurs I know,
01:54we started talking about seven years ago about launching a platform for developers and people
01:59to launch networks and ecosystems.
02:03And about four years ago, we had an opportunity to do so.
02:06And our goal was to build the organization with equity co-founders just until we got traction to go to the investors.
02:16And we had raised a lot of money in previous ventures, and we thought it would really be good to gain the traction first.
02:24And what had happened while we were trying to build a platform, there was a lot of big tech that owned the networks,
02:32and sovereignty became an issue that people were getting shadow banned and deranked,
02:36and we really started migrating to Web3.
02:39And it really led us into the problem that there is a huge gap between Web2 and Web3.
02:47And when you looked at Web3, there were so many different blockchains that, in a good thing,
02:52they had all this differentiation, you know, various standards in the APIs and their own consensus mechanisms
02:58in their own wallets and so on.
03:00But from an interoperability standard, it was a nightmare, really, too.
03:05So our goal to be able to give people the ability to launch scalable, interoperable, integrated networks
03:14that spanned Web2 and Web3, we realized that we had to dig down deeper and deeper.
03:20And although we wanted to be a platform, and we are on a layer one blockchain,
03:25what we realized is that becoming a platform was just perpetuating the problem,
03:31and we had to dig deeper to become a layer zero.
03:33So a layer one was part of our solution, but we're just continuing an uncompromising solution
03:39to give developers the ability to build projects from a developer environment to span Web2 and Web3.
03:48And those projects need to be interoperable, integrated, and provide the various features that they need.
03:55So now it's more of a movement.
03:57We've got multiple partners, about 85 people working around the world on the project.
04:03And today or this week is one of the most exciting times because after four years,
04:08we're ready to launch the nodes, which are the foundation of our ecosystem.
04:15And Kenneth, the one thing I want Kenneth to speak here in just a minute,
04:20introduce himself because he's a special person.
04:23I mean, he joined the company over a year ago.
04:28He had been working on the same problem from a different perspective for about two years.
04:33And he's kind of a person that is likened to a Bill Joy that's with Sun Microsystem.
04:39When Scott McNeely said, you know, the computer was the network,
04:44Bill Joy was the one who built the Java virtual machine, which changed the world.
04:48Kenneth's likened to that type of a person.
04:50Absolutely amazing.
04:52He's able to actualize this.
04:55And when he talks about our nodes, you're going to see that they're entirely differentiated
04:59from a traditional layer one blockchain nodes that as we're launching more and more nodes,
05:04we're going to have more value to the people who go in and buy our nodes and run them.
05:12But anyway, I'll leave it over to Kenneth right now because you have to hear from him.
05:16He's amazing.
05:18Thank you, Dr. Ravi.
05:19No, I think that's absolutely fascinating, Scott.
05:24You know, all the great networks that we have seen, they always start with a strong sense
05:30of purpose and a strong team backing it.
05:33And I think Atheo definitely has one.
05:37So jumping on to Kenneth.
05:39Kenneth, you know, again, we would love to know about you, your Web3 journey so far.
05:43And at the same time, a bit about the technical and technical architecture view of the Sovereign L1, which is Atheo chain.
05:53And then, you know, we'll jump on to or go deeper into the node sale infrastructure piece and what exciting features that Atheo is coming up with.
06:04Thank you, Dr. Ravi.
06:07So, yes, it's good to be here.
06:09Thank you, everybody, for coming.
06:10You know, yes, as Scott has eloquently stated, the fracture out there in the ecosystem of Web3 and blockchain is tremendous,
06:23especially people coming from a Web2 world trying to learn, adopt, you know, and build solutions on these platforms and layers.
06:33It's not easy.
06:34So what we've done is really taken an approach from a developer perspective of simplicity and consolidation into a more unified experience that makes it so much easier, in my opinion, for developing.
06:53You know, if you're new to Web3 and trying to develop, it can take weeks and months just to decrypt any specific chain.
07:02And reading thousands of documents, lines of code that mean nothing, and then trying to build a solution on top of it.
07:11And if you're not an infrastructure person, it's not easy to try to run your own infrastructure or launch your own chain, right?
07:20A lot of organizations are really focused on the privacy and security aspects.
07:27Everybody's still a little hesitant with the public chain concept.
07:31So everybody wants some sort of permissioned or private blockchain that they can leverage for their own internal enterprises.
07:40And our approach has been to take that and make it easy to where you don't have to worry about how to go build this by yourself.
07:50I've done this for probably seven or eight years with new startups trying to build solutions, and I've seen most of them fail because they either try to use the public chains and don't want to use them the correct way, or they try to spin up their own infrastructure and just fail abysmally.
08:11There is not a lot of good examples of how to be successful for a blockchain.
08:18Obviously, you know, you have some good quality chains out there.
08:20We use a lot of those chains, but it's not easy for startups and enterprises.
08:25And that's where we are focusing our efforts to really improve.
08:30And these node sales, our validators that we're launching this week are a fundamental component for the future of where the chain is going and what our capabilities are going to be.
08:41So I'm really looking forward to our launches in the coming months, especially as we get closer to mainnet and all of our products that we're just trying to push out the door in time for that.
08:53So a lot of good things are coming from us.
08:57Thanks, Kenneth.
08:57I think that's a very strong narrative.
09:00You're absolutely right.
09:01You know, we have started seeing a lot of traction from enterprises and Web2 users who are looking at Web3, but still there are massive challenges when we talk about interoperability or compliances, data management, you know, designing a sound solution, managing compliant infrastructure, especially cross-jurisdictional.
09:21As most of the strong use cases are all cross-jurisdictional, whether it be stablecoins or RWA or DeFi, a combination of DeFi and TradeFi.
09:32So you're absolutely right.
09:33I think there's a clear gap here, which Othio is trying to solve.
09:37And I think it's a very strong narrative, as you have described.
09:42So moving further, a bit more about Othio.
09:47So, Scott, you know, what's the Othio's broader mission and some of the exciting features that we are going to see, which will enable solving some of these challenges that, you know, you have kind of touched upon?
10:05Thank you, Dr. Ravi.
10:06As we had continued with the vision, really, to enable developers to launch scalable, interoperable networks that cross Web2 and Web3, we had to get more and more into the infrastructure.
10:20And I really do want to thank Steve for helping us because, as I had mentioned, I had worked in systems integration, software development throughout the 90s and had about 200 different customers.
10:33I would say Steve was as good as you can get.
10:37Steve's been working with us even today.
10:40They started working with us on launching the Layer 1 blockchain and then getting deeper and deeper into the infrastructure.
10:47But what we realized is that we had to control the experience.
10:52In other words, we couldn't just launch on a Layer 1 and then connect up different cloud storage solutions or compute or AI or D-Pen that we had to really tackle these and figure out how they're going to integrate in our network so we can get developers to launch these problems.
11:11So aside from the validator networks, we really started working on decentralized ID and Web2 compatible, W3C compatible, decentralized ID.
11:25And Kenneth, he's really a prodigy when it comes to security and encryption.
11:30And he's really embedding a NEST compliance post-quantum cryptography into our DID and we're getting ready to launch that into enterprises.
11:42And right now we're starting to build a global channels department by a person named Akil who's built the global channels for Cisco, HP, and Dell.
11:52And he onboarded people that he's known for a long time, worked with for years, about six people now working in our channels department.
11:59We're starting to talk with the systems integrators, global systems integrators and enterprises.
12:05In fact, we just signed another partnership yesterday we're going to be announcing soon.
12:10But aside from the decentralized ID, we're giving the developers, and we want to give it out for free, a developer environment where the developers can launch layer ones, layer twos, roll-ups, as well as decentralized infrastructure.
12:28As we're working with Zeev, they're helping us with the, we've already built a basic IPFS storage solution that we're going to be launching a preliminary one in January.
12:42But we're going to build that entirely out, kind of similar to if you look at AWS and the AW Council to be able to launch a virtual compute, storage, AI, and so on.
12:53We want to give the ability for developers to launch that, but that are pre-integrated.
12:58So if you go on the, and Kenneth can say this a lot more eloquently than me, but if a developer goes into our developer hub in the future, they'll be able to launch a layer one with a few steps or a layer two, and then be able to attach storage and compute and so on.
13:14And have the ability to write their work with a full stack environment so they could create front-end with React, Next.js, and Vue, or back-end with Golang and microservices and so on.
13:27And we're also working on something that we'll be talking more about the future, but right now we kind of call it a zero veil, which is a kind of a browser enclave that solves the interface problem of Web 2 and Web 3.
13:42So that once you get the Authio decentralized ID and that, you have access to be able to pull up everything in our development environment and then be able to launch projects that span Web 2 and Web 3.
13:57And as running a systems integration firm, I understand how this is going to be for enterprises and systems integrators because every different corporation is using different types of blockchains.
14:09And there's so many great blockchains, Solana, Sui, Cardano, Avalanche, and so on.
14:14So rather than compete with those, our goal is to integrate with them.
14:19Now, why would somebody on Sui or Solana want to develop on an Authio platform?
14:24Because they could build on their chain.
14:26They could sign up for our DID and then have access to the developer environment, the full stack SDK, the decentralized integrated infrastructure and build on their chain and they'll get the transactions and so on.
14:40And that way they don't have to patch these large solutions together by stitching APIs.
14:45Kenneth, why don't you talk a little bit about this?
14:48You can go into a lot more depth and excitement, but thanks.
14:53Thanks, Scott.
14:54So, yeah, I think you laid the framework quite well.
14:57You know, our focus is definitely the interoperability side.
15:02It's kind of like a reverse hub and spoke model.
15:06And instead of us going out and manually bringing in individual chains one at a time, which, you know, there's thousands of chains of, you know, capabilities out there.
15:17We want the chains to be able to do something that will instantly integrate with the broader solution and suites that we have.
15:26So, by them, you know, you know, installing a simple module, integrating a certain capability or service, they'll have full access to our entire suite and portfolio of products and capabilities.
15:38And as Scott said, they can still develop on their chain, but we will be able to help facilitate the integration with other chains and other chain capabilities that they won't have to.
15:51So, whether it be an infrastructure integration, additional layer twos that are easier to spin up and create, you know, hours instead of weeks and months or something as simple as, you know, the identification, right?
16:06The decentralized identifiers, which are becoming more and more important, right?
16:11And that's one of the drivers of Othio's direction and concept around sovereignty is the community gets to take ownership of their data.
16:22They don't have to rely on parties and products and solutions that will sell their data without telling them, without them knowing about it.
16:35And just becoming a security risk.
16:38So, everything that we have is really centralized around our decentralized identifier suite of products, which will enable them to sort of think SSO for Web3.
16:49That is the core concept here.
16:52So, with that security, you get privacy, security, you get encryption, you get all of the interoperability across all the different chains that exist.
17:02And if somebody has decentralized identifiers from other systems, you know, there are other products out there in the market that have decentralized identifiers that are W3C compliant, you can technically log into our system with that decentralized identifier and have access to the capabilities.
17:23So, you know, it's a really great suite that we're building, and it's really focused, like we've said, getting the community engaged, minimal impact, but expanding their pace of development.
17:37Because that's one of the main problems is Web3 is very slow to adopt and very slow to roll out, mostly because it's just so fragmented.
17:44So, no, I think that's a very interesting point.
17:48I think Scott and Kenneth, you have brought in, and I can resonate easily with them, working with a lot of enterprises and as well as Web3 builders.
17:57So, I think it's a very smart strategy to have a sovereign L1, yet at the same time, bring in some much-needed components that other chain builders can also leverage, whether it be DID or decentralized storage.
18:13Interoperability, I think, is, of course, one of the pressing challenges.
18:17There's still, you know, it takes a lot of time and cost to interoperate, especially when we talk about cross-chain bridges or cross-chain swaps.
18:27And then the concept of app chains, I think, is very exciting.
18:31You know, as you rightly said, network of networks, this makes a lot of sense, because when we talk about enterprises, they do require, you know, some may require their permission chains, but some data still would be there on the sovereign L1.
18:45And that kind of model works very well with RWA and some of the other use cases, where a combination of on-chain and off-chain or permissioned and permissionless, I think, makes a lot of sense.
18:57And I think this is something which we are seeing now in the last two years, that enterprises are gearing up to the whole idea, understanding the concept and doing some big POCs and pilots to see how they can move from the early permission layers to more permissionless kind of model.
19:14So, you know, I think that looks very, very interesting.
19:18So, now coming to the NodeSale narrative.
19:22So, we are soon going to see Authio Mainnet, and now you're launching your NodeSale.
19:28And NodeSale, in the recent times, has become a very powerful model for bootstrapping networks and communities, especially, you know, bringing in desired decentralization.
19:38And at the same time, bringing community, engaging with them.
19:43So, it has become a tool which fulfills quite a few challenges for any new layer one or Web3 venture.
19:54So, Scott, Kenneth, I think we both can pitch in, talk about, you know, what the NodeSale is, you know, decentralization or community engagement perspective, and also what kind of validator reward structure, validator performance, and so on and so forth.
20:12Yeah, I'd like Kenneth to start this because the differentiation in the Authio validator nodes is absolutely amazing because as we're moving forward in the future, the way he's designed them with post-chronous cryptography, as we're moving forward, the multiple language and the ability to couple the other nodes that will be launching.
20:33So, you can get different levels or actually very fast levels of finality and so on.
20:39But, Kenneth, why don't you go ahead and dive into some of the depths that you're really designing and the teams working on with the validator nodes and maybe the eigensphere capabilities and the different features and functionalities, because it really is amazing.
20:55Sure. So, you know, our validators, you know, like most blockchains, right, we still have to do the consensus, we're still doing all of the finality of transactions, and at the core, you know, that's what the validators are providing.
21:10But for us, you know, as we continue to talk about the privacy security concerns, the adoption by enterprises, and breaking out what really would happen in a true, you know, say an enterprise wanted to, you know, build on Authio, we are providing the capabilities if somebody purchases one of our sovereign nodes, they can run and host it.
21:36But what that enables them is the entire suite of additional nodes, which are going to be coming behind the scenes, right?
21:44So, we've taken the concept of computing and networking and infrastructure and abstracted it out into additional layers related to, you know, messaging, storage, compute, AI, privacy, encryption, right?
22:01So, we've created this mesh of mesh networks, and these networks really are separated, isolated to run independently.
22:11So that if you think about from an enterprise perspective, if there's layers and layers and layers of security, people, communities, purchasers of the validator nodes will be able to expand on that core validator,
22:26which, you know, they'll be able to control that consensus, but they can run entire shadow chains tied to these validators.
22:33They can run entire permissionless and permissions chains behind their firewalls using these validator concepts.
22:40But as they grow and adopt into more decentralized storage paradigms and frameworks, they'll be able to also deploy privacy nets, privacy nodes, all these things coming together to really formulate how the ecosystem will come together, interoperate, and integrate.
22:58And, you know, a lot of how this is really coming to fruition is through our enclave concept, where everything is run inside of secure encrypted enclaves, leveraging, you know, the post-quantum cryptography capabilities, rotating keys, all kinds of crazy things that make sure that endpoint to endpoint within these private mesh networks that you may purchase and grow and expand.
23:25And if you go through the node sales into their ecosystem, so it's providing a powerful overlay on top of the existing network so that you can have privacy, security, and it's basically becomes an on-ramp to the rest of Web3 so that, you know, easier adoption and integration with other blockchains as well.
23:46Got it.
23:50No, I think that's a great balance, you know, strategic decentralization, yet at the same time with technical resilience and a lot of other opportunities, I would say, for the validators, not just to run the consensus and decentralize the audio chain, but at the same time, I think they are going to play a very, very important role.
24:11So, Scott, you know, a bit about, you know, people who want to participate in the node sale, when the node sale is going to open up, what kind of details the potential node buyer should know, how they can participate and long-term benefits and rewards for them?
24:30Yes, absolutely.
24:33From a node sale standpoint, there's a total of 399 nodes, and we have taken 7.5% of our total tokens, and they'll be allocated or emissions will go over a seven-year.
24:47Now, we also wanted the ability for retail to be able to participate as well, so we do have the 399 sovereign nodes, and thanks to Zeev, it really helped us get through the entire fractionalization of the nodes.
25:02So, we have a core node, which is a 1% of a node, a prime node, which is 10%, and then we have the full sovereign node.
25:10And we're starting out at a price of $5,000 for the sovereign node, I think it's $600 for a prime node, 10%, and $70 for a core node.
25:23Now, of the 399 nodes, there is already about 25% pre-sold and allocated, so we reserved a small amount for strategic partners.
25:34Our early contributors that investors had received about 35 nodes, and I think there were 45 nodes that were pre-sold, and what we want to do is test the market.
25:48So, when we pre-sold the nodes, we didn't discount them way below the first level of our tiers.
25:55So, there's already been 45 full sovereign nodes sold at the $5,000 price that people can get into right away when we launch.
26:06So, the way it works is if you purchase the nodes, they'll go through 12 different layers, and how it's going is the first nodes that are sold will be 5,000, and then each tier will go up 1,000, 12 tiers until they're sold out.
26:25But then we dealt, we really dived into, I mean, of course, there's limited supply, and maybe if you get in earlier, you get a cheaper price, but we want to do something more for our buyers.
26:35So, what we did was put up a one-year airdrop of the Theo token for purchasers that buy at additional levels beyond the level one.
26:46And how that works is if I buy a node at $5,000 or a fraction thereof, I'm on the first tier, but at the second tier, if you buy a full sovereign node, you'll get an allocation or an airdrop of 20,000 additional Theo tokens over the first year, monthly allocated over the first year, because the price went from 5,000 to 6,000.
27:11Well, then when it goes to 7,000, the airdrop increases another 20,000 tokens over the first year.
27:19And what we did was kind of analyze what we thought would be the launch price of the token, and we did a lot of work figuring, okay, what would offset the increase of the $1,000 for each tier by getting additional tokens, which kind of act like a larger emission for the buyers.
27:36So, we think all the tiers are completely fair, and really, we're trying to build this whole ecosystem and everything we're doing for developers in the community.
27:47And the core philosophy of Authio is very simple.
27:52Treat other people like you want to be treated.
27:55So, we really look at this and say, if I were buying nodes at various levels, how would I want to participate or buy?
28:01And that's really how we set it up.
28:03So, I think it's a very fair setup.
28:06The 7.5%, there's an extremely limited supply because already of the 399 sovereign nodes, there's 25% already gone, but they're not gone at a highly discounted level where people feel that all the insiders got the great deal, and now they're in the retail getting a lesser deal.
28:26And then also, if you don't get in early on and you're on tier 7 or 9, you missed out on the great opportunity.
28:34We've tried to solve all those problems and really turn this into a community developer ownership venture where they could participate fairly.
28:44I think that's a great model, and thanks for outlining this.
28:47I think all the members who are listening to this AMA would definitely benefit out of this.
28:55And I believe that the way you have designed this is very interesting because I believe the validators should have sufficient interest in running a network.
29:07You know, that's where we say that decentralization, they should be rewarded or become a real owner of the chain.
29:17And I think you have sufficient incentives for the validators to be aligned.
29:21And at the same time, a lot of components that we talked about, you know, that will bring in more and more builders.
29:26And some of these builders may also be keen to be participating in the node sale.
29:33Maybe not, may not be running the full software on L1, but then you have created other two layers where even smaller retail users or developers or builders or ventures can participate in the node sale.
29:45So I think overall, it looks very, very exciting.
29:48And it solves a purpose.
29:51So, Scott and Kenneth, you know, as Othio moves past the node sale, what are the next big milestones, you know, community can look for with it?
30:04Kenneth, why don't you handle that in terms of some of the things that are coming out after this?
30:10Sure.
30:11So I know when we look at community utilization from capabilities we're building and deploying,
30:19we are preparing our decentralized identifier suite to go to, you know, third-party security audit.
30:28So that should be coming out to test that, you know, very, very soon once we finish the security aspects of it.
30:34Beyond that, we are looking at several additional capabilities.
30:38Some of those are core around DeFi utilization, DeFi capabilities, staking, liquidity pools, all those wonderful DeFi utility things that non-developers tend to get involved with with blockchains.
30:55So trying to attract both cohorts of the community out there of our users.
31:01And as we look further on down the road, you know, we have a lot of things in flight.
31:06We do have additional nodes that we are building out and finalizing.
31:11So building out the core infrastructure related to those mesh networks as we separate out the physical and networking layers related to the decentralized suites.
31:23You know, messaging nodes, you know, messaging nodes, the storage nodes, we'll even have specific nodes for identity, all those capabilities there.
31:33And really rolling out from there into more of the integrated interoperability user interface, right?
31:40So that ability that allows any chain to connect to the core of our product suite, access all the capabilities, have access to the full mesh networks and all the different layers that we offer.
31:53That's going to be coming soon, probably in key one.
31:56So a lot coming up from us from technical capabilities.
31:59Oh, one of the things that we've been working on for a long time, and there's a lot of features in it, as I had mentioned, we're going to be giving this to the industry without cost is our developer environment.
32:13We call it the dev hub.
32:15And there's some really cool features and functionalities that we're going to be providing with that.
32:20One of which is that there's repositories and they're all entirely sovereign.
32:24So, you know, as developers work in there, they're going to have sovereign repositories.
32:31We're building in various types of project management and community where developers will be able to work together, news feeds, other things that we'll add in the future.
32:42I think Ken is working on about 39 different DeFi derivatives that are tied to the various components of the developer environment.
32:51But that's something that we're really excited about moving forward with.
32:57One thing I do want to mention about the node sale, again, just going back there, we also have the ability, a referral code for the nodes.
33:05And we're taking 7% and we're providing it to people who introduce other people.
33:10So you can participate, not just buying a sovereign node or a prime node or a code node.
33:16You can go in and get a referral code and there's a 7% commission that's paid immediately, as well as a person who uses the code gets a 3% discount.
33:27Now, the only complication is we really wanted to, you know, if they say in the industry, eat your own dog food.
33:36So everything's on chain.
33:38So in order to get a referral code, you have to go to the platform and connect a wallet.
33:42I have about 5 cents of Ethereum or maybe a few dollars of Ethereum on the Arbitron network.
33:50And then you can generate a code and start giving those to your networks.
33:56And anybody who buys through that code, you're going to get a commission.
34:00But you're not going to have to trust the centralized organization and say, hey, what did you sell?
34:06I want to get my commissions.
34:07It's all going to be on chain.
34:08And what I do want to say is Zeeve helped build all this e-commerce platform and the ability to the whole referral codes, the on-chain capability.
34:22And really was exciting working with them.
34:24And we're just finishing up the last details right now and doing the smoke test.
34:29It's really, really cool.
34:31Well, that's, I think, super, super exciting.
34:34So for everyone who is listening, if you haven't already, I encourage you to explore the Authio ecosystem.
34:42Check out the NodeSail details, as Sot said.
34:45You know, follow the channels.
34:47Become an early contributor.
34:49Because here we have a project where it's not just the NodeSail token economics that works very well.
34:56But it's a very ambitious project.
34:58You know, if the way I see the, or to summarize the entire discussion, you know, it is four-layered approach.
35:07It's a sovereign L1 where users can come in and build their own apps.
35:11For that, Authio is providing SDKs, APIs, and various interfaces.
35:16At the same time, Authio is launching some of their own apps that will enable early start, early community to start seeing traction on the chain.
35:25Then there are various core components that Authio is bringing in that can enable not just building on Authio very easy, but at the same time, builders who are building on other chains, enterprise blockchain solutions, and want to use, let's say, DID, or they want to use storage or interoperability.
35:42They can use some of these exciting core components that Authio is building.
35:45And then still, if somebody wants to build their own permission chain and want to have an on-chain component to it, they can use app chains or rollups.
35:54So it's a very exciting venture, and that makes the NodeSail much, much more exciting.
36:01So a strong token economics to support the NodeSail will reward, but at the same time, a very, very solid project with a strong purpose.
36:10So thanks, Scott, thanks, Kenneth, for taking out time to share your journey, your insights, your vision with us.
36:19And I think it's really inspiring to see how Authio is shaping the sovereign DeFi ecosystem, bringing more and more users from the Web2 to Web3, including enterprises, which we desperately need in the blockchain ecosystem.
36:33And from Zeev's side, I would like to say that, you know, we are truly proud to be your infrastructure partner, supporting whether it be L1 Infra or NodeSail Infra, and then, you know, upcoming, a lot of other projects, we are very, very excited to partner with Authio.
36:50And I believe that, you know, collaborations like these are where we are able to push the boundaries of Web3.
36:57So, once again, thanks to the Authio team.
37:03Stay tuned for more such conversations from Zeev as we continue to invite innovative builders and innovators on this EMA.
37:12Until next time, keep building, keep smiling, and we'll see you at the next EMA.
37:17Thank you, Dr. Ravi.
37:19I really appreciate you inviting on this.
37:21Just keep, if you're interested in Authio, just keep an eye on our website, our socials, our landing page, which we'll provide all the details.
37:27We'll be out here in a few days, and you'll be able to dive into all the details that Kenneth started brushing over.
37:34And super excited to be a partner with you guys, infrastructure partner with you guys, Zeev.
37:38And thank you, Kenneth, and everyone else for joining.
37:41And all these Zeev community members who are listening to this will be publishing all the details of Authio note sale on Zeev website.
37:51We'll add that to our social channels.
37:53So, do follow Authio channels, and, you know, we'll keep you posted on Zeev channels as well.
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