AmuNation AMA Recap (25th October 2022)


On Tuesday 25th October 2022, The AmuNation took part in an AMA hosted by Rob (Marketing), Hakon (Business Development) and Martin (Community). Below is the audio and transcript from the event for your reference.

In this AMA we discussed:

  • Amulet MainNet
  • AmuNation App
  • NFTs
  • Community 
  • Ambassador Program
  • AUWT and AMTSOL information
  • Tokenmonics
  • Much more!

Audio:


Transcript:

Rob – Amulet
Cool. Awesome. We’ll get right into it if that’s okay with you two. Perfect. Awesome. So what I’ll do is do a quick introduction of math. Well, I’ll do a quick introduction of myself. I’ll pass it to you to give yourselves an introduction, and then that explain the members of the team that can’t make it today. And then we’ll just go through and see what questions we can answer from that. There’s quite a lot. A lot of them are similar, but we’ll, we’ll see what we can answer three of us anything we don’t know, we’ll just pass on to the future. Does that sound good to you two? Awesome, I guess. Yeah. Awesome. So myself, I’m Rob, I’m in charge of the marketing. You all know me because you’ll speak to me most weeks. And so yeah, so my I’ve been in marketing for probably half a decade now. Longer than half a decade makes me feel old. And I’ve been with amulet pretty much since the beginning. With me Shin Jimmy and Rupert with the original four. And yeah, so my experience has been in within Web2 and web3 marketing. And no one’s quite been as cool as Amulet that I’ll pass to Martin, if that’s okay for you to introduce yourself.

Martin/Pinto – Amulet
Yeah. Hello, everyone, as you’re probably recognising me from from the discord. Community Manager, just making sure you guys have all of all staff would you need all of the informations and a little bit of fun as well with us? Coming with the background, like companies like Xerox or Coca Cola was trying to bring that experience to the to the blockchain, working on Solana, I think in the first few days when Solana came on the blockchain, and work with the multiple different projects, but definitely stick up now with with the amulet, then if you guys have any questions, I’m the first point of contact.

Rob – Amulet
Indeed, and Hakon’s never been here before. So this is your opportunity to say hello and introduce yourself and just tell them a little bit about what you’re doing.

Hakon – Amulet
Hey, guys, I’m Hakon from Norway. Really pleased to meet you guys here. I’m the business development part of the Amulet team. Looking to making partnerships and collaborations with different investors and projects. My background is I have a bachelor’s degree in the marketing leadership. And now I’m taking a master’s degree in blockchain and digital currency. So yeah, Blockchain geek over here. So that’s a bit about me.

Rob – Amulet
Perfect. And other members of the team Shin is, after all, the hard work of being able to launch test net and main net. He’s on annual leave at the moment. Rupert’s in a very important meeting. Jimmy has been with the tech team for about a month. So he’s currently in the sky flying. And I think that’s it and the team, isn’t it? Yeah, I’m the other one. I’m here. So yeah. Awesome. So what I’ll do is I’ll jump into questions, we’ll try and answer as much as possible. Some of the answers, we might not be able to give you the full picture, but for sure, me and Martin will try with what the main things are working on. And then I think how can might be able to give some more of an insight with some of the questions regarding partnerships. So I’ll go ahead with asking some of the questions pretty much at the beginning about NFTs and people are asking how the NF T minutes is going what to expect. And so what I’ll say is we’re working on this really, really hard on Thursday, me and Martin have a meeting, to sort out how we can communicate what’s going on to you. It we need to put some certain structure, but obviously as you can see, there are members who are body community champions, for example, they’ve started to receive that NF T’s which you can see with for example, now Nikita and St. They’ve got theirs as their profile picture. Testing is still going on. We will get more information when Shin returns on over the weekend. And yeah, we’ll have stuff hopefully from the start of next week that will give you a bit more with regards to how the mint goes itself and then if there’s anything you wish to add there, Martin because you also get involved in this quite a bit.

Martin/Pinto – Amulet
Yeah, I would say our early contributors will get some some nice news. I cannot give you more details until obviously official The official announcement and next week, but yeah, it’s good to have that role.

Rob – Amulet
And what what I’ll say because I know it knows a lot of people asking about that. So for Golden NFTS, is 88. For the middle ones, the silver ones, there’s 888. And for the the bronze ones is 8888. People are asking, martyred, and if you can help with this, because I have forgotten the answer, and I don’t know anyhow, with it, people asking, well, is that figure set in stone? Or what? What’s going to happen with that? Is that going to if, if there’s too much demand, is that going? I’ll be I’ll be I know, we’re able to increase it. But are we planning on that right now?

Martin/Pinto – Amulet
From from the conversation which we which we had obviously, we communicate the numbers for you, and we don’t want to add additional volume in the nfts? Obviously, all of them will have that the use case which will be described further in the short future, but no, we are not planning at at any NFTs in the in the near future

Rob – Amulet
Awesome. I thought that was the case. I just wanted you to help me that. The other thing people are asking is What do NF What did the NF T’s have value that will obviously be communicated properly next week, but it will they have real utility, the NFT. So you’re looking at staking bonus investing bonus, and also massive discounts of up to 15% on the premiums. So really, there’s a lot of utility and a lot of value. So I know a lot of people are worrying like when will they receive and when when the salad, I think you’ve got to realise that this isn’t like any other NFT This is an NF t that has actual use case for using amulet on a day to day basis. And also allows you to make money through amulet that way and get by using our platform in general. And if there’s anything you want to add extra there at all, Martin from now,

Martin/Pinto – Amulet
I would say one more thing, because as you as you guys probably noticed, we have multiple NFTs, as Rob just mentioned, and you will be you’ll be able to combine those utilities from those NFT. Stan, obviously, if you’re holding, if you already earn a few different ones, that that is the sweet spot where to be, because that will increase your potential multipliers and potential earning from it, then it’s definitely worth to, to gain all of them.

Rob – Amulet
Obviously, I’m saying I think that’s also probably why we’re reluctant to increase as well, just to ensure the that value is there and what we’ve got, but we’ll see what happens obviously, anything moves fast, especially within our industry. So every decision we make, particularly with regard to these NFT’s, which is why some of the communication has been slower, is mainly for your benefit to make sure that everything we do is right for for you the community as well, because you’re going to be the original holders of these NFT’s. And you’re gonna have, you’re gonna have when when, when certain things do become even more public, you guys are gonna have the ones with the most value due to all the hard work you’ve done over the last few months. So it’s a really exciting place to be in if you’re in this ama right now. What I’ll do is move on to some of the other questions on the list. And I’m going to cover basically what Fenner is asked, and I think a lot of people will have asked about it, because it’s always about tokenomics. I know people are interested within it. And whether as well I remember, someone puts in about whether Yes, it was I put in about whether the tokenomics we had in our light paper, whoever they would still correspond to reality. Now due to the bear market we don’t think it’s a wise decision to launch our wealth 1,000,000% Our tokenomics are not going to be launched in 2022. It depends on market conditions with 2023. That it will be a governance token, there’ll be certain stuff of it, there could be changes to it, but we will constantly as as the world changes, I wouldn’t say the world changes. But as the market changes, we’ll be completely focused on making sure that when we release tokenomics, it’s at the right time when we release that token, and the distribution probably still will be the same. But you I don’t want to say that 100% Certain because you never know what can happen in this world. But as it’s looking as of today on the 25th of October, yes, the tokenomics should look should correspond to that that in the image on ama questions. But it it we’re not going to launch it this year. So just be aware of that. And right now, I wouldn’t worry too much about that because even though our tokenomics Isn’t launched, the NFT’s have a lot more value and a lot more attractive for four bounty hunters, I would say in particular, but in general is good especially for those that are going to use the platform. The NF T’s are going to be far more attractive to you then are they mtito Come we’ll be right now as of today. And if in anyone wants to add them at all.

Martin/Pinto – Amulet
Maybe only one thing we are looking at the minute if we have any potential potential token or when, when it will be available, we looking for the option for you guys to actually see what you can expect to get that will that will share with you at least at least some some predictions but obviously that it’s that it’s As Rob mentioned, in the in the in the pipeline, then the more information we’ll share in the in the near future.

Hakon – Amulet
Cool. And what is interesting, and now is the staking solution with a APY about 7%. Now, on AMTSOL. that’s so that’s really interesting on our site for you to check out.

Rob – Amulet
Yeah, do you do want to want to maybe just this just because you’ve mentioned that you’re gonna have to talk about it. Do you want to just explain briefly? Yeah, what about amtSOL and will also include auwtSOL but I’ll mention it if you if you weren’t aware. But yeah, just just give a little bit of a background to it. So people are aware.

Hakon – Amulet
So amtSOL is or derivative token. So you can stake Sol and get amtSOL at our platform. And yeah, there you have the good API to just stake yourself awesome.

Rob – Amulet
And so that can lead on to one of the questions we’ve got that I’ll answer which is from I don’t know why I just said from because now I’m gonna have to pronounce their name. And I know it’s the winner of one of our competition, the competition I did last week. Sevenemkey I think is how you pronounce it. Asking what are the advantages do we get when staking auwtSOL over normal SOL staking. Well, being part of the auwtSOL, we have a different reward programme because you providing the cover you’re providing the capacity for our cover options. Martin sorry the dogs just come to the door and can you try and add to what I was about to say just

Martin/Pinto – Amulet
of course, I think the major major difference is it is you’re able to use that to stay in the in the selected by your cover which is a radio or or solo solenoid and that obviously give you a different percentage of the reward. As every salt cover bringing a part reward to the to the stakers. At this minute you can see the difference taking the so I think it’s around 8.2% at the minute, but when you go out for stalking auwt currently raydium it is reaching, it is reaching let me let me double check almost 15%. And that figure is changing on every epoch as well then we can can see increase on every single epoch. Then if you’re looking on the on the profits from staking, obviously staking AWT gives you at this point 100% Higher API, which is 15%. And it’s also based on the coverage that it’s that’d be the summation as I mentioned, due to taking a profit from from from the cover set as well which are providing from from staking that. That that token, then yes, it’s very depend how you how your approach to stalking works. But if you’re looking on the API is at the minute 100% higher than stalking just that SOL.

Rob – Amulet
Awesome. Thank you very much for doing that. And my housemate is back now so he can look after his his dog, not my dog. I’ll point out I really appreciate you you taking over there. Awesome. So I’m gonna move on to metils question metil, which does a lot of our videos by the way on. He’s just an one that’s been uploaded to youtube today about our bi weekly report. This one I’m sorry, Martin, but it will end up coming back to you. But is how do you plan to motivate the AmuNation method calls to continue the activity and continue to grow amulet?

Martin/Pinto – Amulet
To be honest, we had the conversation last last week and we have a one more this week. What are we planning to do? We planning to look on the possible vesting, then you’ll roll you NFT give you will give you certain certain benefits in in the future. Then what is the key point is for us to show how much more you can increase your potential multiplier of of your reward than than all of the activity Get all of the staking and you roll bringing you to them to the higher potential multiplier of of of the reward. Obviously, this is in the pipeline, but we are working on on the dashboard for you guys to be able to see that and that will go with combining with NFTS with your with your staking as well, then this is this is our our key points, then yes, you will receive the roll. But we want to show you of the potential potential rewards for it.

Rob – Amulet
Awesome. And what I’m gonna do is actually give a bit of a lot of people asking about the AmuNation app, we’ve not got an end date, yet the whole don’t finish it, you’ve still got time to complete all your tasks. And leading on to that people are asking about, obviously the recent change and the upgrade. So we will be increasing. As you may have seen, we’ve absolutely smashed the number of smashed probably not the right word. It’s because I can hear smashing in my background. We absolutely, we’ve increased massively the amount of events, and the amount of things that we can do to help you reach mythical status, there’s going to be a lot more rewards, there’s going to be a lot more giveaways. I gave away my points that I want when I beat you all at the flag quiz last week, we’re going to be continuing to in as as things stand right today, there is no end date. So just you got to keep working hard and keep going on the app every day with your daily spins. And you will see like yesterday, there were new tasks added tasks will continue to get added as we continue to progress as a project. So there’s many, a lot of reasons why you should continue to be engaged and to stay engaged and to try and earn as much points possible to get to mythical status and also to earn a gold NFT because I have a god NFT you’re going to be in a better position than me and I’m on the team. Dennis, if you want to add more to that, Martin

Martin/Pinto – Amulet
Yes, yes. One more thing as you guys noticed, I think two weeks ago we increase the number of points for for our golden ft first of all, we done this because we add additional value for that NFT which we communicate shortly in our multiplier approach. And and also we want to promote our activity then yes, you can have points from nomination. But we want to reward the people who actually active in the community as well then our multiplier for number of messages. Our event now we will increase the number of points and we start giving a giveaways as well. Plus I also rewarding the people who are active in the in the community, then you have a multiple ways of earning those points. Obviously the gold NFT getting harder and harder to achieve, then we want to make sure that people have amazing opportunity from the community to win those large number of points.

Rob – Amulet
Awesome. And that kind of answers what picker picker asked which is does that mean it is better than it was then it’s better for each and Evelyn? Absolutely. That is exactly why we’ve done it. I’m gonna there was a question. So I’m gonna be even though it’s we’ve talked about the NFC is I’m gonna get back to mention one thing here because Givenchy was asking about whether the minting process as it is right now, would that be hard if you’ve got a weak PC? Well, I’ve got one NFT. And I’m into that on what could be described as the worst ever Apple Computer I’ve ever had. And it worked absolutely fine. And it was very weak, very slow. So I don’t think there’ll be any issues there. But there could be some changes to that versus there. We just have to wait to Shin before I can really answer with Shin just needs to confirm a couple of things there. And with regards to the timeline that like I said, we’ll communicate something next week. And then we’ll see. We’ll see. We will know more me and Martin in particular will know more on Thursday after we’ve come up with a final decision that I’m going to move on to people asking about why Solana, would we be looking at providing covers in the future to app toss different things like this? So right now, the reason we chose Solana I did I guess that Twitter thread today gives you a bit of a hint as to why so we’re the main initial when we came up with the idea back in November last year. It was based on the fact that obviously Solana unlike say Etherium, you when you compare, you’ve got much lower transaction costs, and then the speeds of each transaction is a lot faster. And we were analysing the growth of Ethereum at the time when they launched. And we’ve looked at Solana over the last couple of years, and the the salon is growth with our predictions and our hard work that we put into it particularly Jimmy. We see just a real opportunity, but we will be moving on to multi chain the field, we feel that rust as a as an ecosystem, versus what gives us the opportunity to become the best multi chain cover protocol in the whole of web today. So you know, you’ve got the big names already out there the Nexus mutual then unslashed the InsurAce that we feel they’re hindered by starting off on the chains that they started offer. And so we see that within, you can already see within the six months since we announced our project initially, and now we’ve launched actual growth has been insane compared to how they started and they were starting Java and get defi, blue boom, not bloom boom of 2020. And we’ve kind of learned the lessons by sitting back and watching. So we will launch in q1 is we plan to be able to look at particularly which chain it is, but we’re analysing all the networks and we’re seeing what we can do. And we’re working with them to be able to see which is the right chain. That’s next whoever that because most whether that be polka dot whether that’d be Aptos? We don’t know yet. But we will, we will obviously communicate it with you when we do know. And yeah, I find that pretty. It’s definitely happening. And as of now, it’s definitely happening for the beginning of next year that we plan to be on the second one, and then we plan to be on multiple by next November. Thank you one more. Martin, I knew I could see I could see you unmuting.

Martin/Pinto – Amulet
Want to make sure that the community you guys have as much information as possible. Information then Yes. Name up just came across on our call on Monday, as you guys probably notice it is not a stable blockchain yet. Then for our our choice of the next chain, need, we want to make sure that the chain is established performance is working as good as possible. Because at the end of the day, it’s an experience for you guys to make sure that when you stake something it’s always visible there. You can always withdraw or you can always add new funds at the minute Aptos. It is it is have a lot of holes, which obviously we don’t want to we don’t want to pass to our customers who you are, then it is it is on board. But as Rob said selection of the best chain it is in in the quarter, one next next year.

Rob – Amulet
And it’s yeah, it’s just that’s the main point is it’s got to be right for our users, right for our community. Not we’re not focusing on if it’s right for amulet, that’s obviously a part of it. But you know, we’re a community focused project. So we’ve got to make sure that any decision we make isn’t going to have any negative effects on our users or on our community. And so yeah, that’s fine. So I’m looking at pickapicka’s question. I didn’t know about this, Martin. So if it’s true, that is the one about we regularly make statistics of the top 3, 5, 10 users of the week server at all? Will these users receive any rewards for their activity and contribution to the project? Do we do the statistics?

Martin/Pinto – Amulet
We are doing the statistics. That issue which we had with rewarding was we did have some bots trying to exploit AmuNation, we’d like to think we catch all of the bots. And that that is the major thing what we want to make sure that the person who is in our top, I think 10 are the real users, the users who are active in the community as well, then this is something good potentially we can we can look as additional points, points reward us. Yes, that is a great idea. This is something what we want to Well what we want to do, but we want to be 100% Sure, then people who receive those rewards are our real users, users who will follow follow the rules and not using the bots then from my site, I will have the conversation with with our team this week just to make sure how we can approach to reward the top top users weekly then live it is with me. I will send some more information shortly when I confirm how we how we can do that.

Rob – Amulet
Awesome and if you need anything for me to review there, make sure you let me know. And I will. I am and obviously in my opinion. So let’s a question here from Sergio, which I’ll answer is basically if someone doesn’t understand crypto or doesn’t understand crypto itself, like how do we explain who we are, so I feel ain’t the best way, the way you would explain this to say your grandmother. I won’t do it the same way Jimmy does it, but it’s a bit like real life, but for digital assets. So we’re a cover protocol. First and foremost, that’s a bit like when you purchase a telephone, you tend a lot of people tend to purchase a lot. Sorry, as you can tell, there’s a lot of shouting going on in my house. But there’s, yeah, so there’s, when you buy a telephone, you tend to buy protection against any damage or theft or loss. This is very similar to that, but with digital assets, and it’s very important right now because with cryptocurrency, in general, you is, with cryptocurrency is still fairly new, we’re still very much within our infancy. Bitcoin only started 2008 And only really got the attention what 2015 So was not that long ago, it’s still we’re still in our infancy. So that means there’s a lot more ways to exploit. And as we see, every single day, there are attacks, there are exploits, and revive to provide that additional service so that if you right now as of today, we only are protecting against smart contract vulnerability on certain protocols. So save us states into radium and something was wrong within this their smart contract, you won’t lose that assets, because we will pay out due to the protection that you purchase there. So it’s a bit like it would be done as people do in real life of their houses that telephones. But we’re just doing it within the New World, which is web three, and we’re providing it for absolutely everyone. I’m going to head down to Kin Jerry’s questions. I’m going to ignore the first one because I’ve answered it. Second one. I’m sorry, Martin, but it’s about the ambassador’s programme. It’s not ready yet as far as I’m aware, and the launch isn’t ready yet, but the planning is still underway. I think that’s where we’re at right now. We’re still doing the planning and we will announce it but let me know if anything’s different now Martin,

Martin/Pinto – Amulet
no, no, you are you’re 100% right. It is it is on our agenda at this minute we looking for a reward process just to make sure that we have a full visibility from the technical aspect then as soon as shrinking back we’ll be able to confirm a more details how to close that and send them one more announcement then at this stage we’re just waiting for some technical solution of tracking the progress

Rob – Amulet
Awesome and with regards to community champions someone’s asked why certain communities that might answer some that have any it’s purely because of the need right now obviously our CIS language speaking countries language speaking countries have the most have the most traction at the moment. So that’s where we’re at which is why I know a lot of people are gunning for those roles but as soon as we see the need within the others we will continue to to to bring that in I think it’s looking from what my memory loss looking on here. Vietnam Vietnam seem the Vietnamese group seems to be talking a bit more so we will look at we will look at certain ways whether that’d be the Turkish group or the bank as soon as the need will introduce more community community champions there we just need to make sure that I mean we’ve got amazing mods and community champions right now all of you are amazing. And so we’ve got to make sure that we keep to that high standard that we’ve already set ourselves Would you agree with that matter?

Martin/Pinto – Amulet
Yeah, I fully fully agree I need to say as I mentioned, I used to work in so many different project large projects and this is the most efficient and energetic and positive team will they work would I ever work then absolutely amazing experience for the new community champions we are always open for for growing our team then if you feel the new community don’t have community to champion or or even if we have one but you think you can you can help us to spark the energy bring them more users my DM is always open let me know how you how you want to increase that how you want to support the community and we can always have the conversation then as I mentioned my DM is always open if you feel you can help you can you can sparkle that brings more energy to that community let me know and we definitely can have a conversation about it cool.

Rob – Amulet
I’m also I will get to hacking don’t really but I just want to try and answer as many people as possible question here which would usually be be dealt with by Shane but I will answer it is regarding whether we plan on auditing smart contracts. Additionally, we have obviously as you all are aware kudelski did our first smart call VA audits. We’re currently Shin is in discussions about getting more done. So Yes is the answer to that. And we I completely agree with you that it will increase the level of confidence within the project. So that is something we’re working on. But we wanted to make sure we were market ready. And that’s why the kudelski one was was the most important one. And next question is regarding creating a marketplace to Sunday things with the project logo? Well, I’d say it’s a great idea, but it’s not something we’re looking at right now. Because we will, we will, we might look into it maybe on the new and new outlets as well, which we don’t know when it’s going to launch yet. But we will confirm that. We give away a lot of swag at these events or events will be increasing me how can I Martin we’ll all be in Portugal is it next weekend for Solana breakpoint. So we do we do create a lot of stuff with our logo on it. And we do hand them out. There’s some I would I mean, they’re not nice. I don’t know if anyone’s gonna lie to you. But we had some socks that are quite ugly. But they’re quite cool and people. Well, you obviously like ugly socks, but they get remembered. And that’s what’s really important because even though those songs to me are ugly, but to Martin are beautiful. They they will always there will definitely be remembered. And we’ll continue to look at really cool stuff, whether that be on to the next, it could be on a hardware wallet, or it could be on to anything we will keep if anyone’s got any cool merchandise ideas, definitely send them our way because being in events is important in web three. So if there’s something that can make us stand out, it’s something that one inch do very, very well stand up for the crowd for the merch, then if you’ve got a crazy idea, definitely DM me, Anna, we might we might take you up on it with regards. So before I get to that one, does the project need additional investments at the current stage? Nothing’s been announced yet nothing’s in the we will announce something when that when that comes about. I’m gonna go to what you said in number 10, which is it’s not a question says gratitude. I want to thank the project team for your hard work adds a dimension that you managed to gather great community around you. So I really appreciate that message. But I’ll get back to question number seven, which is about partnerships with different wallets, I think with regards to that is something we’d have to look at once we’ve worked out the fundamentals of our NFT cover. Doing it that reminds me of a question. It’s a little bit later down. Right now next up after smart contract vulnerability, the cover option is likely to be stable calling Deepak but we need to work out the fundamentals and make sure it’s all that and it’s gone through all the right risk assessments before we launch it. But partnerships is something that we are doing. So I don’t know how can if you want to give me an idea about what partnerships we’re doing at the moment, what basically your role is and the type of people you’re talking to.

Hakon – Amulet
Yeah, so we have a lot of partnerships and collaborations in the loop, talking to different projects every day. And like, a bit of my role is to make sure everything, every partnership is secure, and they build for the future. So what we at amulet do is send out a risk assessment form to the potential projects, and they have to have a certain Live Score to to make sure they’re safe. And because we will always try to protect us users. And that’s a good indication that the audit has been right. And yeah, it gives a certainty of a secure chain or a secure project. So yeah, and we have a lot of projects in the loop. I don’t know if I can say this, but it’s projects on the marketing side, and as well as listing. So it’s gonna be an interesting few weeks ahead.

Rob – Amulet
Awesome. And yeah, I know, because I tend to be involved in I get to see those messages, the partnerships that we already have, because I know someone asked that a little bit later down the line as well. It’s obviously the ones that you see. So the ones that I’ve announced as well. So I think people like radium, Orca, francium, seven, and that’s why we read they’ve gone through some of the risk assessments already. That’s why we’re able to offer the cover their motto, so you unmute yourself. You are planning on saying something? Oh, no,

Martin/Pinto – Amulet
no, you just said exactly what I was planning to add with you.

Rob – Amulet
And Hakon I ask now you’ve been muted, but I guess that might be just normal. What I’ll do because we’ve already gone over I’m going to try and get through other stuff, but I know a lot of the stuff is very similar to what we’ve already covered. So yes, we there will be new tasks. And that was about the high profile partnerships. So that was why I mentioned access or that question a bit later. I live is a question here that I was going to ask how many people answer how many people do we have on the team? That wasn’t the one but I, we mentioned that at the beginning. There was a question around that day, which was what did we do before there was cryptocurrency? So I’ll start that after full cryptocurrency at CES. I didn’t even work in marketing. I cryptocurrency gave me the opportunity to move into a career I actually wanted to do. I was in sales for a very long time. I was very good at it, but I hated it. And that was probably one of the reasons why I was very good at it. Because in the UK, people don’t want to be sold to. So me, not caring made me good, because people didn’t realise they were being sold to. But I always wanted to work in marketing because I don’t like cold calling, or cold contacting. So how can I know it’s a big part of what you do right now? It wasn’t for me. So about cryptocurrency. It taught me to crypto blockchain in general blockchain, global talent was the first project that approached me. And they literally allowed me to learn everything on the job. So I’m entirely grateful for for blockchain. Do you want to share a review to what you did? I guess, well, how can study that? So I guess you were just at school?

Hakon – Amulet
Yeah, so I’ve been interested or invested in crypto since 2017. And being a huge fan of different projects and follow, follow them. So now I’ve started my master’s degree in blockchain. And there I be, I will be able to pick courses from what I’m interested in, and it’s like BD development and how to marketing projects, and I get a deeper look into how different blockchains work. So that’s something I can contribute with. And yeah, right now I’m doing a essay on like security in the web three. And I’m interviewing kudelski, or auditing team and yeah, trying to figure out how we can stay more secure in the web three with amulet.

Rob – Amulet
Awesome, and you Martin apart from making me spend all my money on diet coke.

Martin/Pinto – Amulet
I used to work in so many different departments, including including procurement, then yeah being 10 hours per day in the suit and tie and trying to sign the best deal for for, I would say significantly, number of zeros. value but I did move to blockchain. Because of the people be able to be closer with the people to learn something new to see the future. Actually, a lot of those big companies working still with the mindset in the in the in the 90s, then blockchain gives me the opportunity to learn new approach what people want what people can do, and yeah, this is this is the future, then this is the reason why I joined.

Rob – Amulet
Awesome. I’m gonna quickly cover. Well, fedin_vlad has asked the question, and I can’t really answer it. But I want to mention it because fedin_vlad was one of the people before we had a community before you joined. Officially Martin, he was one of the people who joined every single AMA even when it was just the four of us with the with one or two other people. So he asked how we came up with the name Amulet and unfortunately, I can’t answer that, because it even though I’ve asked that question, I’ve heard the answer. It’s Rupert, who came up with it. So I won’t be able to answer that one. But I will move on to something that I think it’s important to cover which is from PeglegCheko or however you meant to say that, which is can you be specific about how Amulet Protocol solved and save users money on mango markets exploit? So in case it wasn’t clear, there was there was an incident about a week ago or two weeks ago now on Mango. When we obviously that’s one of the protocols that we protect on amulet for smart contract vulnerability, and several people had read sold some covers on Monday for mango. As per our process, what happened was we had to investigate over a period of days but Mongo were really great at communication. And we, if there had been an attack on the smart contract, or there’d been an a vulnerability, then of course, we would have paid out the old the amount that was protected by a cover. But in reality after a much quicker than its anticipated investigation, it was another call x, it was other call manipulation. And so therefore it would not have actually covered based on our smart contract terms and conditions. However, if I’m right, something I did see I don’t if I don’t if Matthew saw any more on it, but I do if you were affected by mango, I seem to remember them having a solution in place. lives. I seem to remember seeing a tweet about them setting up a new site to for users to claim back money if they had lost it.

Martin/Pinto – Amulet
Yeah. They informed that Yeah. Yeah. So

Rob – Amulet
it’s been absolutely. They’ve been mean, we were able to go through the claims process very quickly, very similar as well. The claims, not the claims, the claims committee investigation was done. Quickly, thanks to how fantastic Mango were within the situation. Also to mention as well, this morning, you might have seen the announcement that there were two more false claims 110 potential claims. because there hasn’t been any exploits on any of the protocols in the last week or so I’ll just encourage any, if any of them might have been yourself, you can check the announcement challenge on Twitter for the is claim ID following claim ID five, if you could try and cancel them within the next four days. Otherwise, you will lose some of your deposit, because it will have to go through the claims process. So just another reminder that in the future, someone’s asked about every week, maybe and it’s a possibility, but I can’t really answer too much on that yet. Some people will have to look at in the future. And then these will NF T’s. Someone’s asked forever. We’re a blockchain security protocol audit company. No, we’re not. We are a risk protection protocol or covered with a cover protocol, meaning we protect users, whether that be b2b business to business or business to consumer. As long as you have digital assets we will aim to protect, we will provide the solution there. Yes, we plan to expand I think we’ve answered all these questions here. For which money cover pulls over new Do you understand that question at all? Martin?

Martin/Pinto – Amulet
Can you please read again

Rob – Amulet
for which money cover pools are renewed? I don’t really get that.

Martin/Pinto – Amulet
But I can do, i will send a DM to that person who asked the question for little bit more information and and send the answer to the to the community just to make sure we get the more details and we actually respond on the question that has been asked.

Rob – Amulet
Awesome. I’ve marked that one with an amulet logo so that you, you know it. And I think that pretty much we’ve kind of covered everything else. So what I’ll do now is open it up to see if anyone I need to click back onto it. If anyone wants to raise their hand and come and ask a question at all. We are off. We had supper last week, two weeks ago, but I don’t think anyone’s going to come this time. Everywhere. I’ve gone 15 minutes over already? Nope, I don’t think so. Unless you’ve reviewed you can see what I can’t see. And no,

Martin/Pinto – Amulet
I did a double check that general charge just to make sure. And now looks like we answer all of the questions.

Rob – Amulet
Cool. I’ve got this is recorded. I think someone’s asked if it’s recorded. I have recorded this there’ll be an AMA recap blog with the transcript. Just say you’ve all aware it’s great having our con and Martin here because they’re not native English speakers. Yet for some reason when I go through the transcripts the next day as earlier will will will be the only person it doesn’t recognise is the only native speaker usually which is me. So thankfully for some reason, tomorrow when I do it, it takes a long time but you too It seems to be bang on everything that you say or in general is the same as Shin saying it always forgets everything correct. But then I have to pretty much change everything I’ve said so it probably will be tomorrow afternoon. That the AMA V cap comes out because it will end up taking a lot of a lot of time. But thank you for we have over 110 people right now we’ve got 110 people so thank you to everyone for joining real always available in particular Martin the most and then me second depending on my mood. And yeah, thank you very much for joining. And thank you, Martin and Hakon for joining me today.

Martin/Pinto – Amulet
Thank you. And I think for me, if you guys wants to ask any question privately, my DM is always open. If you even struggle with the English, write in your own language or translate that for you, just to make sure if you have anything, let me know. And and we answer our best when we come.

Rob – Amulet
You know, I’ve just remembered there is a question we’ve missed off. And it was aimed for you. But I read it earlier, which was, does Pinto ever sleep?

Martin/Pinto – Amulet
occasionally, occasionally. But thank you, to be honest, it is much, much easier for me due to our great, great team, Mason doing absolutely amazing job. All of our community champions help massively. And we’re looking for some of the changes to have a bit more help. But obviously about this soon in the in the announcement, but the massive thank you to all of the all of the people who helped me with the community and to the community as well.

Rob – Amulet
And there’s always as good one thing I will add is just make sure that we just appreciate when people are not there. Let’s start again. Just another thing that is just please be aware that we do get a particularly Martin now it’s gone off my plate a bit more. We get a huge amount of the Martin does it a lot further than I do it. Martin checks, does it in the order he receives it in and he will reply to them as I reply. It’s just I don’t necessarily replying always in the order that it comes. But we will always get back to you just please be patient because although, as well another thing to point out, particularly with ammunition issues, because a lot of people come to me, I’m Martin over the last couple of weeks is yes, me and Martin are available on a Saturday and Sunday but when we’re trying to chase up that, you know other teams aren’t so you can when you we get punched a couple of times in the day we’re not gonna have a response it just be always be aware that we will always be available to answer those questions. But sometimes it’s not me and Martin that’s in control. So really, just be aware that we’re also talking to other teams to be able to fix those issues that you have there. I was going to actually also say one other thing, but I’ve completely Oh, and I was gonna say because you mentioned Mason, that you obviously will have noticed that earlier. I can’t pronounce our CO lab manager even though he’s here saying it because in Russian saying the same man. And as you will see in this week, as well. There’s been another role given to Eugenie I think it’s different on here what his name is, these are people that they’re not just opportunities to work as like with a community, when you impress me to a certain point, there’s opportunities to work directly with me which is why they have these unique roles. So if you want to share me what you’ve got, maybe you’ll end up in the position that those three events and they will obviously receive I mean right now the design champion and Delia in particular they they have to they have to deal with me every day so it’s a negative but at the same time they will they will receive they get their awards as well for that so they’ve earned these additional roles that are against that I I kind of go behind Martin’s back and make him do so if you do see those and you wondering what they are just got to keep trying to impress me and yeah that the the opportunities are there.

Martin/Pinto – Amulet
I think we’ve mentioned this on the on the previous ama we want to make sure that if we have any any passion or anything what you guys thinking can help us we are always open to to find someone from our community to join our team because this is what community is not looking people from from from different companies. It’s looking people from our community because some of you guys have absolutely amazing skills then if you think is something that you can help us with, or help Rob with good luck with that. We are always always always happy to have those

Rob – Amulet
I mean we met we met you didn’t read them in hacker house in London. I mentioned it in the group before because you you you you initially joined our community when we first announced that on April the 20 of 2022 in Amsterdam if you know you know and you were there from the start and you were very active and then when we had the opportunity to meet when Rupert had the opportunity to meet you in London we did and look at you now you’re basically the king b of AmuNation.

Martin/Pinto – Amulet
well that’s that’s showing then in amulet you guys have a plenty of opportunities including me joining that team then yet keep active. Let me know if you have any skills or any ideas or anything. You want to support the community and we always find some solution how we can how we can make it make it happen if possible

Rob – Amulet
awesome okay cool so thank you very much again for everyone joining and we’ll see you in two weeks

Hakon – Amulet
thank you thanks for joining us

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