We took part in our bi-weekly AMA with the AmuNation. Taking part on the AmuNation AMA Stage on Discord, Rupert, Rob and Martin were available to answer your burning questions!
We were also joined on stage by 2 community members! The first time this has happened in Ru’s prescience.
In this addition, we discussed:
- SVB situation
- USDC update and impact
- Euler Hack
- Amulet updates – TVL
- Ambassador program, NFT and Partnership updates
- Questions from community
Also, check out the design of the collected POAP below:
Audio:
Transcript:
Rob – Amulet
Right. So I know I’ve invited Craig in. So I’m going to start talking. And now as a team, we’ve got another meeting going on right now. So it might just be left on me. And I think Martin has mentioned a few times that he’s having some issues this week. So I’ll start it with me. And if the others are able to join a little bit later. Yeah, we’ll see how it goes. But we’ve done it we’ve just made before so I’m sure we’ll be fine. Just me again, Martin’s just messaged me now, actually. So let me if I don’t keep talking, Craig, the robot will stop. Can you sent me the discord invite link, please. So Martin’s definitely joining us. Let me just send him the link or if someone else, Mason, anyone can send him an individual See, invite share, copy. And I sent it to him. So anyway, I’ll start because I don’t know when he will be able to join. But it’s great to see so many of you here and just been testing the power apps, they should still be working for everyone. We had a bit of an issue. So I will have to hand out just a little bit less than normal. I’ll start that off. Now. The reason for that is mainly just because there was a bit of an issue. So just to double make sure that everyone is going to get one. And I’ve had to well, I’ve had to brush out less so it’s first come first serve, and you will get them as soon as the AMA is over. In the essence of time, I’m going to start Am I might not notice if Pinto or someone comes on. Also message just confirmed it all works as well. So the little panic I had before this ama is no longer a panic.So what I’ll do is I’ll go through the questions first on the AMA stage waiting for Martin or someone else to join, if they do join. And we’ll we’ll basically go from there. I’m gonna start really with new Malak, the person who always has the robot setup. So it reminds you about the Twitter feed. He asked a lot of questions regarding tokenomics. And regarding a very, very, very, very, very old document. All reports here. Now, let me just here. Hey, guys. Awesome. I did I mentioned that we might not be because Martin’s got some issues. And I know we’ve got a different meeting. So I did that excuse and just started.
Rupert – Amulet
I jumped Don’t worry, I yeah, the AmuNation is far more important than learning about what we were doing was like aI pictures. Yeah,
Rob – Amulet
that’s exactly it was designing AI pictures. And, yeah, but this is really important.
Rupert – Amulet
super interesting. It’s just just, you know, for everybody’s reference, and internally at the company, we do like a knowledge sharing session about once a week, sometimes every two weeks. And this week, it was more it was on a knee instance, we spent up on Amazon about, you know, designing images using AI. Now, that might not sound very relevant to us as a company. But actually, it’s more than anything, because it means that we can potentially use this tool to generate more NF T’s if we want to in the future, or perhaps or, or something like that. So it’s it’s quite a, it’s quite a cool tool. And yeah, sorry, I spoke for probably a bit too long.
Rob – Amulet
That’s all I was explaining. Whereas before, what we’ll do is people have asked about the current situation, you maybe explain your side of things, and to give the update from from amulets perspective after what happened on Friday, and now things are all picking up. But the little lamb change of underwear we all had to purchase over the weekend. So I was playing in that what numeric. We got a couple of questions. And obviously we mentioned in the last day ama things about tokenomics that people are really investigating and numeric bound such an old document that I think was drafted by Jimmy well, then in November 2021, instead of a question, which we should really just say, ignore that document, because a lot has changed since then. defi was booming, and angular hadn’t even launched, it hadn’t even been announced and it has been removed. So you can tell anything that’s up to date will will be called protocol control reserves, PCR, anything that PCU or PCUV which all that stuff was is is old, old information and a lot of a lot has gone on. So to kind of cover the tokenomics that we re mentioned last week, we’re working away but we can’t get of specific dates yet, because it’s only just started. But we’re all collaborating together on a new document led by Jim, me as well, to be able to go into that. So I’ve been that, rather than answering all questions.
Rupert – Amulet
Always always found, can you send it out to me later
Rob – Amulet
It’s one of the most active members. So I’ll find it will be want to know where they’re a good investigator!
Rupert – Amulet
Just just to round off on that when you’re building a new entity, you’re thinking about all sorts of different things. And you get asked for all these different documents from VCs and stuff, people that you’re working with. And you don’t have the opportunity to actually think about these things at the time. And he rushed them together and you throw him over. And then you know, often what happens in crypto as well is that you then go out there big public raise, and you’re kind of bound by these tokenomics that you’ve absolutely promised, you’ve got to deliver on. And if those tokenomics are wrong, because you rush them together over a weekend before our VC pitch on the Monday morning, then you’ve got a you’ve got a major problem. And then you basically got to fall on your sword and come out and say like, this is a big problem. So yeah, we we definitely put a whole bunch of different documents together over the over time, but we didn’t think we specifically released anything because we wanted to work on it. And make sure that we get it right for the future.
Rob – Amulet
Litepaper, if I remember, right, we had a load of stuff in it that
Rupert – Amulet
to be clear, anything that this team comes out with, and we and we publicly say we want to be able to stick by and as long as it’s right for everybody in the in the protocol. If there’s something that we release that we are unable to stick by, then we will be honest about that and say, Look, this isn’t working. And it’s not working because of XY and Z, not because like makes less money or is it a problem or more control or whatever the the the kind of issue might be bad it’s got to be right for everybody. The whole point defi. So yeah, anyway, found it, let me know, send it over, I’ll take a look at it and see what we said originally. But yeah, we’re definitely working on something new. And that will be what we stick by for the future because it will be right. Awesome.
Rob – Amulet
Cool. So should we go on a little bit about us people did ask about it think is very relevant at the moment? And I think you’re you touched upon it with the team in our in our weekly meeting. So I’ll ask the question as it was asked, which is what is your prognosis for the market due to the latest developments in the US banking industry? I don’t know if you want to give a bit of a history as well, because you’re better at that, because I’ll get things muddled up with SBF and SVB and all these different things.
Rupert – Amulet
Don’t worry about that. There’s a lot of acronyms that are thrown around in crypto and in banking, and startup and all the rest of it. So let me let me roll it back a bit. First off, let me say amela is been largely unimpacted by everything that’s happened on we didn’t have a bank account with SVB. We didn’t have any of our funds in USDC. At the time either. We actually were split across different stablecoin assets in noncustodial. wallets, which is definitely a big change that we’ve made since the fall of FTX. And all of these events, on the positive side of things are good learnings for the future. So we can now learn that yes, whilst USDC is banked, backed by dollars one to one that where those dollars are deposited can be problematic. So let’s roll back in history and go right back to us t if anybody remember that last year, it feels like a million flipping years ago. In fact, it’s almost exactly a year we’re in March. I think it happened in March or the end of March.
Rob – Amulet
UST Depeg, we had launched so it must have happened at the beginning of May. Because we announced the project that was all it was everything was flying still re announced the days of flying still. And it was about a week after the raise that everything just went back to UST
Rupert – Amulet
Yeah, absolutely. So. So in any case, yeah, so yes. T all collapsed. Why did it collapse? Well, it’s because it was a algorithmic stable coin that was pegged to Luna and BTC exept BTC wasn’t really real. That was there’s a lot of information about how Do Kwon bought that and moved it to different wallets or something to that effect. I don’t know the full story, I’m not gonna comment on it. But the point is, you can research it if you want to. And essentially, what happened is somebody made a big short on the price of Luna, which put a lot of downward pressure and sales action on Luna, which meant they dropped so far that the price of UST, which it was, which is pegged to Luna dropped off. And a lot of people fell out. So first part of the domino effect, was somebody placing that short, and they made a fortune off that nobody knows who it was still, there’s suspicion that it was firms out of Chicago, maybe it’s one firm, maybe it’s a few who knows. But the the short, long and short of it is somebody made a huge amount of money, and lot people lost, vast amount. Now why did we start the way back then? Well, since then, there were a few other people that went under. So firms like Celsius, which was a big, staking firm, and a huge amount of cash with inside, ust and anchor, they lost all that they went under. Now, why is that important? Well, because Celsius. And more importantly, some of the other firms that can’t remember them off the top of my head, were backed by FTX. And FTX shored them up with the price of FTT. Meanwhile, FTX were trading everything in their accounts as if it was their own rather than their customers. And we all know, they went pop in November, but that happened part of that happened was because of this, these loans that they were giving out to their portfolio companies with the companies that they bought at around the time of a UST Depegging. And that made FTX into precarious position they were under because of that. Now, subsequent to that there were multiple firms that were under multiple individuals that that had problems. But culminating in the last couple of months with silver silver gate. So we’ll get bank, I think silver gate or something like that. Silver, something that went under and inside silver gate was a load of SVB money SVB being Silicon Valley Bank over in Silicon Valley, well known for in the startup arena, because they extend large lines of credit to startups and venture backed. And they know that ecosystem very, very well. They are one of the largest banks in America, but only with with startups and and business entirely b2b business. No individuals at all bank with this SBV. They put their money in in a number of different places. And then there was a run on the bank, somebody at some stage said we need all of our money out that triggered a whole bunch of other people to to draw their money out. And because they didn’t have the money to cover the money that was being drawn out that put them into a liquidated state and or an insolvent state say and and that pulled them into into liquidations. Then what happened to USDC over the weekend was because USDC had a 3.3 billion of the 40 billion that they hold in account inside SVB. Now because they held that inside spb and it was and they came out on Twitter and he said we’ve got this in SBB. But it’s a small amount of our reserves. When the market reacted in a way that it wasn’t clear whether or not they had more cash that was remarkable that there wasn’t actually anything underpinning and obviously USDC dropped down massively. Now on Sunday night they came out and said, Well, I think it’s Saturday night Sunday morning and forget when they came out and said we’re going to cover the loss with our reserves Don’t worry. And USDC started to repack, and then Sunday night at the federal government so they’re going to bail out SVB and on Monday morning HSBC in the UK, so they’re going to bail out SVB
Rob – Amulet
me, oh, it’s gone Yeah, I think we’re a bit you’ve lost. You’ve lost MicroFit your microphone might have gone Oh, go on
Rupert – Amulet
again. Yeah, sorry.
Rob – Amulet
Are you just about a USDC we heard pretty much everything, I interrrupeted.
Rupert – Amulet
to do so you heard about why USDC depeg because it had 3.3 billion right and longer?
Rob – Amulet
Yeah.
Rupert – Amulet
Yeah. Okay. So yeah, USDC came out, they said they were going to cover their loss where there was a SVB got saved by the federal government in the US, as we be UK, got saved by HSBC who’s bought their assets here in the UK. Not here in the UK. I’m in Lisbon, but that might be the UK business got got bought out. And seemingly everything stabilised and then the markets gone absolutely haywire because I think people are moving out of stable coins and into non stable assets. Because, you know, certainly Bitcoin has a reason. Again, Bitcoin is not linked to any you know, underpinning. It’s detailed it could be its noncustodial, right? And because Bitcoin is pumping the rest of the markets pumping, some people thought, oh, can the kind of market decoupled? No, it hasn’t done so. Yeah. But hey, it’s a good, good thing for us in the slano ecosystem size up to 21.7. Right now. You know, green across the board is lovely day when it lasts like this. So the question was, what do we think’s going to in store for crypto with all this shit has been going down? If I had a magic ball, and I had a crystal ball, I could look into the future. You know, I probably wouldn’t be here. I don’t know. In short, I mean, there was a point on Saturday when I genuinely thought that if USDC don’t come out, and cover the shortfall and fully deepfakes, then that will at the same time die with D pegging at the same time. fracks with depot again. USDT hadn’t the pegged a nor had been USD. But I suspect if USDC had fallen to zero, those other two would have as well in a giant scramble to get out of you as any stable coin product. My suspicion is that we would have been pushed back about seven years as a as an industry without a stable coin as it happened. That that didn’t go down that way. But I think people are reeling today. I mean, if you look at that, I wonder if you look at the flows, I haven’t personally but if you if you do do a bit of research, I suspect you’ll see huge amounts of USD see flowing to either other stable coins or into BTC or, or eath and even Solana. But what does this mean for the industry? Well, thankfully, after the weekend, everything’s okay. But yeah, look how quickly we can go from the well being topsy turvy, to the well being okay, it’s been barely 48 hours. And I don’t know about you guys, but I’m struggling with the whiplash on all these things. So what did it mean for the industry? I really don’t know, what does it mean, for amulet, it’s probably the more important thing. And for us, it’s business as usual. Like, we’re still here, we’re still ensuring products. There’s no issues with our smart contracts should probably talk about you to finance as well being a massive hack over the weekend. But we’ll maybe come back to that later. Well.
Rob – Amulet
There’s a follow up question that kind of links on to what you were saying before we talk about yula finance, which was about what percentage of our what percentage of the money that we have is in European or US banks. So basically, I think the better way to answer that is the money that we have, are we okay at the moment, and how is it being sold? Because the other question that goes along with that is do we use hedging groups, obviously more of an investment question, but it’s about how often kept at the moment is probably the best way to ask.
Rupert – Amulet
So hedging is actually when we typically would be referred to as, as a Have an investment tool but actually hedging it now. You have to hedge your risk between different bank accounts. And there’s a perfectly good question like, do you have anything in European or US banks? Actually, we don’t. We are actually primarily in Far East accounts for what we have US dollar wise. And then what we have in, in stable coins, we have a mix of B USD and USD T at the moment. And we and we blend them we keep a very, very close eye on on what’s happening with with our cash all the time. You know, so in short, are we okay? Yes. Categorically We’re fine. We’re in a good position. We still got the same that runway we had last week. And yeah, we’re in a great place to carry on building the business
Rob – Amulet
Have you gone again?
Martin/Pinto – Amulet
Maybe you’ve gone again? Nothing.
Rob – Amulet
No, no, it’s working. Again, don’t know what keeps happening.
Rupert – Amulet
Now is because my screensaver keeps turning on when I’m not moving them out.
Rob – Amulet
Because obviously, as well, there’s already been a payout review of finance with one of our competitors as well. So I do want to touch on that a little bit, then.
Rupert – Amulet
Yeah. So you to finance we’re insured by insurer ace I, Sherlock by next mutual. Huge hack. I don’t know the full details. Please don’t ask me to explain. But as far as I can tell, it was a smart contract breach. There was about a 100,000 die and then 80,000 to eat or something to that effect. Rob, I forget the exact numbers. But it was about 100 million overall or something to that effect it was.
Rob – Amulet
But I remember being new. Remember the number? And
Rupert – Amulet
this is smart contract risk. Exactly what we sell. And I know Sherlock paid out immediately. I believe they paid out directly to Ula. I knew they were going to pay it out there on. And I don’t think next is a paid out just yet. And I don’t think insurers have but they I think both of those work on a claim by claim process, either rather than the automatic payout
Rob – Amulet
that they had as well. We I guess that’s something we wouldn’t
Rupert – Amulet
wait, I’m sure and Pinto will will share with the group no doubt. Awesome.
Rob – Amulet
So moving on to well as it’s not really moving on. It’s moving on because we’ll talk a bit about the NFT. But it’s still going back to you though. It’s been noticed you’ve got 11 NFTs. People wanted to know what percentage of the NF T supplies is dedicated to the team. actually haven’t officially got that number half of it. From what I know. I know. I had one. I had one. It’s gone. It got stolen. I was a victim a couple of times last year and I wasn’t very well. But ya know, it’s the ones you’ve got level set as well. They haven’t been dedicated Yeah, you guys have the privacy with regards to them. As far as I’m aware. Yeah. Is that the case?
Rupert – Amulet
100% Yeah, the I’ve got 11 Somebody knows my wallet address then I’m gonna ask the reward on that. But yeah, I’ve got 11 of them the reason why I’ve got them because we were testing them at the beginning and then a whole bunch were sent to me there’s no specific amount for for the team. I think we dedicated one to each team member.
Rob – Amulet
Got mine back. So it’s definitely one of the moments has been one one pair. If
Martin/Pinto – Amulet
this is why I didn’t send you any more tokens to meet them. Rob. You had your one that’s it.
Rupert – Amulet
But no, there’s no there’s no official number four for the 14th If you really want us to have an official number, we will we’ll think about that but it embedded there are a lot of these. The base level matters But no, I don’t have a silver or a gold one. They are very rare. Yeah, if you are. Yeah, it is. Yeah. Sorry.
Rob – Amulet
I wish I had one. But I also I wish I wish I have Martin’s basic one. I wish I have any matter by right now I get jealous of the fact that the community has more than me. Most all the community champions have more than me. Everyone was more
Rupert – Amulet
Check, go buy on MagicEden and I’ve seen them.
Rob – Amulet
Also, just Well, we’ve got just so you can hear some of Martin’s voice today. I’m gonna give you a bit of of estrich. If I get back to you, because I do have another question for you based on something you said in the last AMA. I’m gonna say I’m going to be we do obviously have a lot of questions with regards to the timing of the ambassador programme, it’s still due for this month, so much it’s I know Time’s running out. So only a couple of weeks, but we will announce the first element of it. But me and Martin are still working on that with Shin I don’t know, if you want to give you any specific update on that, Martin, because it’s your because you own it as such.
Martin/Pinto – Amulet
Yeah, we we are still having to go live this month, which is in our our q1 plan, we working on the field different approaches, as well as this will, will be a part of the larger opportunity for the community to support our project to support the amulet, but also to to have a benefits from being with us and and helping us with with the cover, then ambasador it will be a part of the larger largest solution technique, which we which we implement as well, then everything is on track. As Rob mentioned, she needs its involve, to make sure then from our, our our end, all of the technical solutions will be available straight away to give every single person who joined this new solution on the platform for visibility and for opportunity as well to to being with us
Rob – Amulet
Awesome. And as well, you’re still in the testing team. Do you have an idea of how that’s going with KinGeri’s testing group and stuff? Is that all going?
Martin/Pinto – Amulet
We did run with it run. I think it’s three weeks, a little bit more than three weeks now with Kingeri leading the the team of, of the 10 Ambassadors, which does an absolutely amazing, amazing job, we were getting a weekly report of how many views those articles had, how many how many likes, etc, etc, which giving us a really good insights of, of the direction and and the interest from from from the people on the market as well. Then it was exceptionally successful. It was exceptionally well managed by KinGeri and and rest of the team, then this is this is something what what will definitely switch to them to the live solution this month.
Rob – Amulet
Awesome. So yeah, a lot of I know, we get a lot of questions about the ambassador programme and tokenomics. And other than that got mentioned again, with regards to specifics, we’re not going to be to tell you and as we know it, it’s going to be right for you right for us. And it’s going to be right all the way going forward. And we also don’t want to tell you stuff that could be that could change. So although I’m saying wait another couple of weeks, you’ll get all that specific information in those couple of weeks is just recon preempt before we actually announce it. But all those in that initial announcement, or those specific questions that I have to kind of skip, they will get covered from that initial announcement when we announced the ambassador programme going live the most? demanded,
Martin/Pinto – Amulet
Ambassador, it’s only a part of the largest solution which which we want to implement to our community to make sure that everyone can use the skills use the communities, which they are part of, and gain the benefits from it, not only ambassadors.
Rob – Amulet
Awesome. And with regards to the the actual one that was for you. That was with regards to something you mentioned in the last ama we’re going back to this because I meant to take notes on it. You did mention there was potential for TGE. If that did happen, would we be thinking of rewarding the community? I guess again, yeah. That was I mean, when you mentioned it in the last ama it was more of a one off comment or something that might happen. And so it’s just people taking those words is very literal, like this is going to happen. But it’s probably good to just reiterate we’re always thinking about the community.
Rupert – Amulet
Yes, why don’t all Always, always, always Community First, to round off on that one, we are still thinking about the TGE, I still don’t have a date for you, well, community members be rewarded 100% If you’ve got meta bears, you’re going to be rewarded. If you’ve got low tea, your bid, if you’re being loyal to the system here, you’re gonna be rewarded, I had just let a word slip there, that Martin will talk about in a couple of time. But yeah, basically, the more time you spend with us, the more you work with, with that with me, the more you’re gonna get rewarded. And you’re not messing around with this, like, every everything that you guys do is extremely important to the practical, you deserve to get rewarded for any action that you take, you’re essentially doing work for for protocols like us, don’t let any other protocol tell you otherwise, you are important. And so, you know, we want you to, to be rewarded for the work that you do. And that’s, that’s, you know, some of the other guys have paid some serious time on this. And yeah, I’m looking at all the guys, we’ve got little metal bears on their, their profile pics, you are gonna get ready, you’re gonna do well, this one, when we finally did come to the TGE, there’s no point in doing a TGE unless it’s going to be beneficial for you guys beneficial for our investors, beneficial for the protocol. And so, yeah, we want to be in the right market condense. We want to coming out at the right price. And we want to make sure that you guys get the right volume of tokens, and they’re able to trade them and so on and so forth. So keep it up. We’re going in the right direction.
Rob – Amulet
Some and the final submitted question before, we will see if anyone this time to talk to you. Because I can’t say that with Martin, because they’ve come up on stage before we posted that they’re not scared of us. It’s to do with partnerships and listings. And there’s got we’ve got some really exciting ones coming up. Don’t want to reveal too much. But I kind of revealed yesterday, Thursday is the day to look out for to give another additional T teaser. This says, Oh, that’s amazing. And then next Thursday, you’re going to think oh my god, that’s even more amazing. And then the Thursday after, I think you’re going to be a bit more mind blown with things. They get better and better each week starting from this week. So rather than answering, rather blase, I’m going to give you more of a teaser there. Just make sure you want on Thursday to know first, and if you want to know
Rupert – Amulet
Is the one coming on Thursdays that a starts with a letter of the alphabet?
Rob – Amulet
Yeah. Well, yes, it does. It also is though, I can tell you from two people, Paul, well, at least five people in this ama now have an NF T connected to the one on this Thursday. Because when we did we say a loyal people out the origins of the ammunitions and the ones that we’ve read to the beginning, up until we launch on Main net, you will recognise this company, but if you’ve only been with us, probably since the FDS collapse, we’ve not mentioned them since. So, but there’s definitely I know, sample letters, a couple of wallets here. And they got that we did a big campaign and we gave out a few of them and FTS and we’ve not done that many so you can kind of work it out. But we have done it with more than one so you might get it wrong given if you do your research. I’m mainly looking at numeric who seems to be stalking everything at the moment. Everything that we do, so I think anyone’s gonna find out. But yeah, so what I’ll do now before, I just reiterate as well before case, because there’s 128 People now lose 70 at the beginning. I’ve got power apps, there’s a little bit less than our handout straight after this just because there were some teething issues to do with the browser. So there are five last because we had to test a couple of more we have some selected mods, so they’ll be handed out straight after and the recap will be tomorrow. But yeah, just before we say Do anyone want to come on the stage because it’s almost got the handle we’ll see if we’ll invite both of the two that have their requests up and see if either of them actually meant it
Rupert – Amulet
chapter if you if you’re trying to ask the question.
Rob – Amulet
Do you have a question? That’s all I got. We almost had an up I think. Here we go have you
Rupert – Amulet
there we go. You’re up on stage. Do you have a question?
A4Finance – Community Member
Hello, hello. Hey, nice to meet you. Likewise, likewise.
Rupert – Amulet
Well, did you have a question for us or the community?
Yeah. Okay. I have one important question. When plan you ambassador programme may be an approximate date?
Rupert – Amulet
this is back to you Martin.
Martin/Pinto – Amulet
Yeah. as we as we mentioned, we planning to launch that in q1, which is finishing this month. Looking on the technical solution, we are we are kind of there as well. Then, end of this month, just to just to confirm yes. And I was part of the of the a bit larger solution as well.
A4Finance – Community Member
Okay, deadline is is entering this month or maybe beginning of next month, maybe its deadline?
Martin/Pinto – Amulet
will deliver at the end of the month at the end of the q1 to make sure we meet the wishes in our roadmap.
Rob – Amulet
I was gonna say I also did put on q2 So we do have a bit of leeway there because when we had the emulation v1 launch and we had the test net original launch there was only like a couple of weeks delay so it does it could potentially go into q2 It just depends on the day but it would still be around that time. So yeah, if and we will communicate everything with you first on Discord anyway. But yeah, it’s better for the end of this month but it could go into maybe the first day or two like the test net launch and the the ammunition launch happened it could just be one or two days delayed but yeah, just don’t expect it for the end of the month. Latest the beginning first few days of April.
A4Finance – Community Member
Okay, how many peoples you plan to employ employ to our ambassador programme?
Martin/Pinto – Amulet
Yeah, well we’ll show all of the information in the in the lunching day as well just to make sure that everyone have our opportunity to raise their hand and and join the programme then all of the details will be will be shared on the on the lunching day
A4Finance – Community Member
okay, okay. No exact people, okay, no exact amount of people maybe more maybe less depending on the donation depending on maybe qualification and other experiences?
Martin/Pinto – Amulet
How many people apply people who we know from the communities as we as we know, who support us for for for a longer time how they support them, we want to make sure that everyone will be had the opportunity to apply for it and obviously then we as a team, look on the numbers look on the applications and and we’ll see with the with the exact details, but everything will be shared in the lunching day.
A4Finance – Community Member
Okay, okay. Yeah, you’re right. Need supplication and other make decision? How much? How many when? Correct? Yes. Okay, thank you very much.
Rob – Amulet
No problem. I’ve also got Sasha to come up on the stage as well. So I’ll invite them just you guys thanks very much. a4. Then, okay, well, at least someone came up this time when you were here usually only happens when you’re not here. So that’s good. Well, I’ll see if anyone I was gonna
Rupert – Amulet
For that that was the very first question that I’ve ever had on an amulet AMA. And I don’t know how many of these we’ve done now. But congratulations, you win the prize of first question. Maybe we can, we can send over a little poll app for that.
Rob – Amulet
Yeah, absolutely. I’ll send it I’ll send those directly to them. Make sure that don’t miss out because people will miss out in this one. Attempted again. So we’ll try we’ll try it another time with Sasha. And I suppose looking like epic done if there might just be an element of discord this though, because they’ve asked once.
A4Finance – Community Member
Ask one questions. First time, excuse me. One questions where we’ll be integrate other blockchains besides Solana?
Rupert – Amulet
So we’re planning on integrating our next chain, probably q3. So we’ve got a new product that we’re releasing in q2, which is something that everybody has been asking for. We’re going to release it first on Solana. And but it’s designed as such that we can we can put it onto another chain pretty quickly. So yeah, we want to work with our next customer after that. And yeah, hopefully, that next chain will be really later on this year. We haven’t decided which one? Yeah, we’ve been playing around with sui apt us.
A4Finance – Community Member
Do you want to weigh up Avalanche? Maybe it’s so most productive. Blockchain also as Sui and Aptos. That’s fair enough.
Rupert – Amulet
We haven’t been looking at Avalanche very much. Aptos. Yes. We have looked at because it’s very, very close in terms of programming language. But yeah, we’re not sure. Yeah, we will. We’ll announce more later on in the year but it certainly it’s not going to happen. q1 it might happen at the end of q2, but it’s more likely to be q3.
A4Finance – Community Member
Maybe q2, q2, maybe q3 and q1 is ended
Rupert – Amulet
Yeah, well Q1one we’ve we’ve still got a few few more weeks for so q1 ends on the 31st of March where we’re getting everything we can into q1
Sasha – Community Member
Oh, finally, thank you so much. I have short question I just joined today in our community. I don’t have any roles role. What can I do for community just be more strong? Which kind of roles I can get? I make it every day that retweet tweet about our project but I believe it’s not enough. Just give me advice please.
Rob – Amulet
Of course. Great time for Martin to jump down/off should have been him. the best thing Oh, are you there? Martin? Are you able to answer that one? Maybe maybe not the best thing to do Sasha for myself from from my side because it looks like maths having a couple of difficulties. He hasn’t in about a minute that could be due to that is to keep keep Oh go on method
Martin/Pinto – Amulet
Yeah, to be honest, what we what we’re trying to do, as it’s important for me to make sure I do recognise the users are you I do recognise our community and also our moderators and community champions support us to find those people who who active who support us on the different platforms like Twitter just to make sure we notice those people and reward those people then I will definitely have a have a look on your contribution. And if not me, it will be someone from our our team as well. And the roles the roles are always waiting and we always wants to reward the people who who supporting us then I will definitely have a look on this straightaway after the call.
Sasha – Community Member
Okay, thank you so much and be ready to go to the moon. Thank you guys.
Rupert – Amulet
Thanks Sasha. Yeah, thanks for the support.
Rob – Amulet
Thank you. Just see if anyone else wants to come on to the station. There’s one roll before we close I don’t think so. But we did well, this time. I’m glad it happened review. Heavy. Usually it really never happens with you.
Rupert – Amulet
We’ve seen interaction Good. Thanks very much, everybody. I’ve got to roll off to another. Cool. I’ve just seen the TVL on amulet is up again, which is nice, obviously, with the rise of Solana over the past day or so that’s been good. But we’ve also had another chunk of capital committed to the AWT token, which is also fantastic to see. So thank you to our community. for that. We’re now at an all time high in terms of volume of sold committed into the, into the, into the system. So let’s grow from here, keep on growing. We’ve got some huge announcements coming about this over the coming weeks. really huge. Yeah, I can’t I can’t quite underestimate the size of it and the impact it’s going to make to us and then following the that impact what it’s going to mean to the Islamic community and beyond. So yeah, stick with us guys. Thank you for as always, sorry for the roller coaster of crypto if you need anything. In the meantime, we’re here on the community. Thank you and good night. Awesome. Thanks
Rob – Amulet
Thanks very much, everyone.