Latest / The Paul Barron Crypto Show / Billion $ Tokenized Collectibles Market on Flow?️‍🔥Beezie CEO INTERVIEW

Transcript

Billion $ Tokenized Collectibles Market on Flow?️‍🔥Beezie CEO INTERVIEW · The Paul Barron Crypto Show

• 0:05
  Speaker 1: Today we're going to jump into real world assets and
• 0:08
  Speaker 1: the collector community, what that means for crypto and how
• 0:10
  Speaker 1: it ties everything together.
• 0:12
  Speaker 2: It's going to be a good one. I think you
• 0:13
  Speaker 2: guys like it.
• 0:14
  Speaker 1: My name is Paul Barren, Welcome back into tech Path.
• 0:16
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• 0:18
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• 0:47
  Speaker 1: All right, let's go over to a little bit of
• 0:50
  Speaker 1: the community that we're going to be talking about today
• 0:53
  Speaker 1: is the collector community. And many of you guys will
• 0:55
  Speaker 1: think of this and if you look at it from
• 0:57
  Speaker 1: a real world asset standpoint. I think of real world
• 1:00
  Speaker 1: assets being anything that you would collect and eventually be
• 1:03
  Speaker 1: able to tokenize so you could trade it more real time.
• 1:07
  Speaker 1: That's really what this boils down to. And if you
• 1:09
  Speaker 1: look at how the collector community grows, all you have
• 1:13
  Speaker 1: to do is track one of the major areas where
• 1:16
  Speaker 1: they trace the collector community on gem rate.
• 1:19
  Speaker 2: This is where you would go.
• 1:20
  Speaker 1: And of course you can see some of the traction
• 1:22
  Speaker 1: that's happening right here in terms of people that are
• 1:25
  Speaker 1: out there getting their collection rated. So this has continued
• 1:29
  Speaker 1: to climb since twenty twenty one. Other things that you
• 1:32
  Speaker 1: probably have started to see, and I'll show a clip
• 1:36
  Speaker 1: here in a second, but this is Courtyard. Everybody knows
• 1:38
  Speaker 1: Courtyard because it's overall magic Eden. We've showed this many times.
• 1:41
  Speaker 1: Well you know what they're revealing right there, it's a
• 1:44
  Speaker 1: Pokemon grail. Now I want to go to a clip
• 1:47
  Speaker 1: real quick that will give you some insights on this.
• 1:49
  Speaker 2: Let's cut to that.
• 1:50
  Speaker 3: Pretty historic moment.
• 1:52
  Speaker 1: Charge RPSA ten the Holy Derailed Pokemon cards ten decands,
• 1:57
  Speaker 1: So I think it's sold.
• 1:59
  Speaker 4: A cool two hundred k for a char car amazing.
• 2:04
  Speaker 1: Charge goes for two hundred K. So guys, this is
• 2:07
  Speaker 1: not something you will play around with. This is going
• 2:09
  Speaker 1: to happen. We're going to see a lot more digital
• 2:12
  Speaker 1: assets and real world assets converge here. And I think
• 2:15
  Speaker 1: that's the big factor here. If you look at doom
• 2:18
  Speaker 1: Analytics and just look at where daily transactions are on
• 2:21
  Speaker 1: Courtyard right now, you can kind of see it's continued
• 2:24
  Speaker 1: to explode. Look at the numbers here, and this I
• 2:27
  Speaker 1: think is just the beginning because we are still very
• 2:29
  Speaker 1: very early on tokenized RWAs and I think the key
• 2:34
  Speaker 1: here is really understanding who are going to be some
• 2:36
  Speaker 1: of the players.
• 2:37
  Speaker 2: So one of the players that we've.
• 2:38
  Speaker 1: Been tracking is Bezy, and I want to introduce their
• 2:42
  Speaker 1: CEO and have her come into the show.
• 2:45
  Speaker 3: Nice to see you, I'm great.
• 2:46
  Speaker 1: Okay, So Andrea, we're going to dive into a little
• 2:50
  Speaker 1: bit about Bez's because we've kind of shown Bez's on
• 2:53
  Speaker 1: the show before a little bit. What you guys are
• 2:55
  Speaker 1: doing some interesting things that is within the flow of blockchain.
• 2:59
  Speaker 1: I'll explain that in a second for our audience, but
• 3:02
  Speaker 1: to give our audience a rundown, explain Bez's for them.
• 3:05
  Speaker 4: What you guys are up to sure, So we are
• 3:08
  Speaker 4: a platform that links the physical with the digital.
• 3:11
  Speaker 3: You alluded to that were.
• 3:13
  Speaker 4: Built on blockchain rails, but the way that we've designed
• 3:17
  Speaker 4: bes it's very consumer friendly for people that aren't cryptonative.
• 3:21
  Speaker 4: We have a vault partner, which is Brinks. The vaulting
• 3:25
  Speaker 4: component allows us to really handle a lot of the
• 3:27
  Speaker 4: back end logistics for the resellers and collectors in collectibles
• 3:32
  Speaker 4: and just give them time back in their day.
• 3:34
  Speaker 1: Being able to choose a platform. You guys, of course
• 3:37
  Speaker 1: went the route of Flow. This is one of the
• 3:39
  Speaker 1: blockchains that we've tracked for quite some time. I was
• 3:42
  Speaker 1: looking at a tweet that you guys put up right here,
• 3:44
  Speaker 1: sneaker category live on Bezy think all in logistics, lore fees,
• 3:48
  Speaker 1: seamless global marketplace. Pretty cool statement here and it shows
• 3:54
  Speaker 1: a connection to probably one of the biggest collector categories
• 3:58
  Speaker 1: out there, being sneaker And then you look at NBA
• 4:01
  Speaker 1: top shots all within the Flow ecosystem. Was that the
• 4:04
  Speaker 1: reason that you kind of went the Flow route or
• 4:07
  Speaker 1: was there something else?
• 4:08
  Speaker 4: No, I mean the first piece was we know the
• 4:10
  Speaker 4: Flow team really well. We talked with numerous different chains.
• 4:14
  Speaker 4: When kind of deciding where we were going to land
• 4:17
  Speaker 4: and really focus our activations and our targets on Web two.
• 4:23
  Speaker 4: Flow started talking about consumer crypto before it was a
• 4:27
  Speaker 4: meta on the timeline. I don't think it was ever
• 4:29
  Speaker 4: packaged up that way when they first entered the seam,
• 4:32
  Speaker 4: but their priority has always been the consumers that are
• 4:36
  Speaker 4: not only currently here in Web three, but really onboarding
• 4:39
  Speaker 4: the masses. It sounds cliche because we see that term
• 4:42
  Speaker 4: on the timeline all the time, so you know they've
• 4:45
  Speaker 4: walked the walk and talked the talk. We also looked
• 4:48
  Speaker 4: at the different partnerships that exist in that ecosystem with
• 4:52
  Speaker 4: massive brands like Disney, Ticketmaster, NBA, NFL. There's no one
• 4:58
  Speaker 4: that comes close to having that in this space. For us,
• 5:02
  Speaker 4: obviously targeting collectibles and collectors, that was key to be
• 5:07
  Speaker 4: able to put our brand next to some of these
• 5:10
  Speaker 4: huge players and then you know, leverage some of those relationships.
• 5:14
  Speaker 3: It's massive for a startup.
• 5:15
  Speaker 1: Many people will try to say, well, how does collections
• 5:18
  Speaker 1: connect to the blockchain? And I think you just hit
• 5:20
  Speaker 1: it on the head, and that is that Flow has
• 5:23
  Speaker 1: done this in a way that has been very easy
• 5:27
  Speaker 1: for people in almost every aspect of collector communities as
• 5:31
  Speaker 1: well as just fans of different projects or big brands,
• 5:35
  Speaker 1: and they've been able to do it in a way
• 5:36
  Speaker 1: where they could onboard onboard a lot of people that
• 5:39
  Speaker 1: they don't even realize that they're in a blockchain or
• 5:41
  Speaker 1: that they're utilizing a blockchain, which I think is the
• 5:44
  Speaker 1: kind of the magic of what Flow has been able
• 5:46
  Speaker 1: to do. So you are exactly right.
• 5:48
  Speaker 2: It has been one of the.
• 5:49
  Speaker 1: Leaders out there in blockchain onboarding for sure, and I
• 5:52
  Speaker 1: think it will probably be the one that maybe breaks
• 5:55
  Speaker 1: through here in terms of use case. So with all
• 5:58
  Speaker 1: of that, I'm looking further into, you know, something that
• 6:02
  Speaker 1: you guys are doing, which.
• 6:02
  Speaker 2: Of course is the busy Claw. First of all, this
• 6:04
  Speaker 2: is a great idea.
• 6:05
  Speaker 1: I love this idea and explain it for our audience
• 6:08
  Speaker 1: because to me, it's gamification for collectibles and really kind
• 6:13
  Speaker 1: of turns it up a little bit for those out
• 6:14
  Speaker 1: there that are enthusiasts.
• 6:16
  Speaker 2: Give me a rundown.
• 6:17
  Speaker 4: Yeah, we wanted an exciting activation or hook that would
• 6:20
  Speaker 4: get new people in the door and really for a
• 6:23
  Speaker 4: lot of our brand partners and resellers to leverage that's
• 6:28
  Speaker 4: what the Claw is. Everyone loves a claw machine My
• 6:31
  Speaker 4: litmus test is do my kids like it? Do my
• 6:34
  Speaker 4: parents understand it? And the answer is resounding yes. As
• 6:39
  Speaker 4: we were kind of working through the product testing, I
• 6:42
  Speaker 4: would have my kids come in the room.
• 6:44
  Speaker 3: Like is that thing ready? Can I start trying it?
• 6:47
  Speaker 4: We made it multi category because that's a really important
• 6:50
  Speaker 4: piece of Beasy.
• 6:51
  Speaker 3: We're not just trading cards.
• 6:53
  Speaker 4: We really are a platform that stresses the importance of
• 6:56
  Speaker 4: being multi category. You can imagine someone comes on looking
• 6:59
  Speaker 4: for a sneaker because they've followed you know, a sneaker
• 7:03
  Speaker 4: kol for the.
• 7:03
  Speaker 3: Last couple of years that that.
• 7:06
  Speaker 4: Talking about busy and then they're you know, reinvigorating a
• 7:09
  Speaker 4: former love of Pokemon collecting and now our pokemon resellers
• 7:13
  Speaker 4: are benefiting from that link.
• 7:15
  Speaker 3: So this is the.
• 7:16
  Speaker 4: First claw we have, you know clause coming down the
• 7:19
  Speaker 4: road that are going to be brand partner clause where
• 7:22
  Speaker 4: they're really managing the inventory on the back end and
• 7:25
  Speaker 4: you know, refilling it.
• 7:26
  Speaker 3: But it's fun.
• 7:27
  Speaker 4: You know, it's that gamified piece that that lets people
• 7:31
  Speaker 4: lean into that moment of what if and we're really
• 7:34
  Speaker 4: excited and have had you know, we've only been live
• 7:36
  Speaker 4: a few days, but if a really great traction so.
• 7:38
  Speaker 2: Far within the claw.
• 7:40
  Speaker 1: Do you see this as something that you'll quite label
• 7:44
  Speaker 1: at some point where brands could use this across various
• 7:47
  Speaker 1: you know assets.
• 7:48
  Speaker 4: Okay, all right, yeah, I mean our intention is not
• 7:52
  Speaker 4: for these to be busy clause right. We did the
• 7:54
  Speaker 4: first one because we can test it and we can
• 7:57
  Speaker 4: really control it. But you can imagine this sort of
• 8:00
  Speaker 4: mechanic like you know, linked to a ticket for a
• 8:05
  Speaker 4: Celtics and now you're pulling out merch or discounts on
• 8:09
  Speaker 4: food or you know, free tickets to the next game.
• 8:12
  Speaker 4: There's so many ways to take this and apply it
• 8:14
  Speaker 4: to partner brands and larger brands.
• 8:17
  Speaker 1: Okay, So explain the difference between what you guys are
• 8:20
  Speaker 1: doing and like what StockX is doing, especially in the
• 8:23
  Speaker 1: sneaker community, because that's obviously kind of the gateway for it.
• 8:26
  Speaker 2: Can you share a little bit there.
• 8:28
  Speaker 4: I mean, there's different gaps among different segments in the vertical.
• 8:32
  Speaker 4: In collectibles, you know, the team and our partners spend
• 8:37
  Speaker 4: all day every day talking to the collectors and resellers
• 8:40
  Speaker 4: of collectibles with sneakers. You know, people are still sniffing
• 8:44
  Speaker 4: shoes and there was a massive gap in authentication and
• 8:47
  Speaker 4: storage along with the fact that these sneakers take up
• 8:51
  Speaker 4: a lot of room, and if you look at collectors,
• 8:53
  Speaker 4: they're typically buying sneakers that might not even be in
• 8:56
  Speaker 4: their size. They're storing them in their guest room or
• 9:00
  Speaker 4: may not be taking out the insurance to cover it.
• 9:02
  Speaker 3: On their house.
• 9:04
  Speaker 4: And you know, we wanted to be a platform that
• 9:06
  Speaker 4: served those needs, so by taking that and then also
• 9:11
  Speaker 4: linking it to giving them far better margins, because if
• 9:15
  Speaker 4: you try to buy a pair of sneakers off of
• 9:17
  Speaker 4: one of those leading web to marketplaces, I mean, the
• 9:20
  Speaker 4: fees that you're encountering are massive and it's the resellers
• 9:23
  Speaker 4: that suffer there. Yeah, so that's really why we went
• 9:26
  Speaker 4: down that hole with sneakers.
• 9:28
  Speaker 1: With Okay, so, I know you had mentioned a little
• 9:31
  Speaker 1: bit about is there a tool set now that you're
• 9:35
  Speaker 1: considering or is already in place to where some of
• 9:38
  Speaker 1: these real world asset platforms are storing you know, whether
• 9:42
  Speaker 1: these collections. Some people are going you know, into gold,
• 9:44
  Speaker 1: they're going into diamonds, art, wine, all sorts of things
• 9:48
  Speaker 1: that eventually you have to have kind of a brinks
• 9:50
  Speaker 1: so to speak, of that asset. Is that something that
• 9:53
  Speaker 1: Bez's is going to be involved in I mean.
• 9:56
  Speaker 3: We partnered with Brinks. Brinks as our vault provider.
• 9:58
  Speaker 4: So you look at someone I'm not sure if you're familiar,
• 10:02
  Speaker 4: but a massive collector called Frantilations. Fran was one of
• 10:06
  Speaker 4: the first to send in a portion of his shoe inventory.
• 10:09
  Speaker 4: They're sitting in Brinks. They're more secure than they could
• 10:13
  Speaker 4: ever be, and he can list them for sale. He
• 10:17
  Speaker 4: can just keep them safely secured. He loos freed up
• 10:20
  Speaker 4: the space in his house. I mean that's part of
• 10:22
  Speaker 4: the value proposition.
• 10:23
  Speaker 2: Yeah, for sure.
• 10:24
  Speaker 1: Okay, so let's move on here because I want to
• 10:26
  Speaker 1: talk about Nike. Obviously, Nike is one of the big
• 10:30
  Speaker 1: platforms that has been able to kind of bridge the
• 10:32
  Speaker 1: gap here on digital collectibles and the fgital concept that
• 10:37
  Speaker 1: brands are now trying to copy anything that you see
• 10:40
  Speaker 1: going in that direction.
• 10:42
  Speaker 4: You can really imagine a bigger brand linking it to
• 10:45
  Speaker 4: a digital using a vaulting component like us, where someone's
• 10:50
  Speaker 4: buying the digital. The physical might not even leave the
• 10:53
  Speaker 4: shell for the vault for a number of years, might
• 10:55
  Speaker 4: be transacted, bought and sold change owners. But it doesn't
• 11:00
  Speaker 4: make sense that every time that item sells, it has
• 11:04
  Speaker 4: to be shipped and really at risk. So, you know,
• 11:07
  Speaker 4: I think that Nike what they're doing right now is
• 11:11
  Speaker 4: so smart. They're appealing to this sort of Gen Alpha
• 11:14
  Speaker 4: and this younger group that has really grown up with
• 11:17
  Speaker 4: digital assets in Fort Knox, in Fortnite and Roadblocks and
• 11:20
  Speaker 4: some of these other platforms, and to take that next
• 11:24
  Speaker 4: step and link it to a physical will be so
• 11:27
  Speaker 4: easy for these consumers to wrap their heads around. It'll
• 11:31
  Speaker 4: truly be seamless.
• 11:32
  Speaker 3: In my opinion, Could.
• 11:33
  Speaker 1: This be a scenario where Nike could retroactively air drop
• 11:37
  Speaker 1: into the sneaker, so to speak, within the flow blockchain.
• 11:41
  Speaker 4: I mean, I don't want to speak for Nike, but
• 11:43
  Speaker 4: you could see you could see Disney Pinnacle, you know,
• 11:46
  Speaker 4: when we're talking about the Disney pin taking, you know,
• 11:49
  Speaker 4: a former collection saying now we have and owners of
• 11:53
  Speaker 4: these digitals will get the physical dropped.
• 11:56
  Speaker 3: Yeah, or can claim at any.
• 11:57
  Speaker 1: Point flow blockchain onto major market places. We've talked about
• 12:01
  Speaker 1: Magic Eaten here. Right now, Courtyard is kind of the
• 12:03
  Speaker 1: leader out there, but at some point this is going
• 12:05
  Speaker 1: to change. I think we're going to see it start
• 12:08
  Speaker 1: to flow into a variety of chains. I think flow
• 12:12
  Speaker 1: is already working on some scenarios that will make that capable.
• 12:16
  Speaker 1: When you think about that, do you think this is
• 12:18
  Speaker 1: kind of a make or break for Besy of being
• 12:20
  Speaker 1: able to get flow you and Flow onto you know,
• 12:24
  Speaker 1: platforms like.
• 12:24
  Speaker 2: A Magic Eaton.
• 12:26
  Speaker 3: I don't think it's a make or break.
• 12:27
  Speaker 4: I think you know, Flow is done an amazing job
• 12:31
  Speaker 4: thus far without some of those links. You know, obviously
• 12:35
  Speaker 4: when they pushed out their EVM compatibility, that was a
• 12:39
  Speaker 4: big step in the right direction. But you know, again,
• 12:43
  Speaker 4: if we are targeting a greater audience, that audience isn't
• 12:48
  Speaker 4: living on Magic Eaten. They're not there, right, they live
• 12:51
  Speaker 4: outside this space. So I think what's even more important
• 12:55
  Speaker 4: is to continue to evolve and improve those consumer onboarding tools,
• 13:00
  Speaker 4: which Flow is consistently doing, and you know, just coming
• 13:04
  Speaker 4: to that with really new interesting ways to activate the masses.
• 13:09
  Speaker 2: So let's talk about you know, some of the collections.
• 13:11
  Speaker 1: If you think about Lacana one that could easily be
• 13:16
  Speaker 1: listed on Beezy. What about that seeing something like that
• 13:20
  Speaker 1: start to make its way into your platform.
• 13:22
  Speaker 4: Yeah sure, I mean we have already and we might
• 13:25
  Speaker 4: even have some Disney Lorcanic cards that have been graded
• 13:28
  Speaker 4: that are already on Bezy. You know, TCG is a
• 13:32
  Speaker 4: massive market, and I think it's only going to continue
• 13:35
  Speaker 4: to grow. Pokemon still leads the way, led the way.
• 13:38
  Speaker 4: In twenty twenty four, there were some great one piece
• 13:41
  Speaker 4: sets that actually crept up into the top ten. But yeah,
• 13:45
  Speaker 4: Locana there there's a lot of potential there. And it's
• 13:49
  Speaker 4: you know, for Besy, it's really about the demand of
• 13:51
  Speaker 4: our consumers and resellers. I mean, when we onboard a
• 13:54
  Speaker 4: big reseller, at times we open up a new category.
• 13:56
  Speaker 3: We did that with watches.
• 13:58
  Speaker 4: When we started up sneakers, we had a couple of
• 14:00
  Speaker 4: big resellers that were sending in their stock. And so
• 14:03
  Speaker 4: certainly that applies to whether it's Disney collector pins or
• 14:07
  Speaker 4: Hot Wheels cars.
• 14:09
  Speaker 1: You know, I was looking at this right here, which
• 14:11
  Speaker 1: is the twenty twenty three Lorcanic card, first chapter, and
• 14:14
  Speaker 1: you look at the growth, I mean, look at the
• 14:16
  Speaker 1: value of where this card is going, and again that
• 14:20
  Speaker 1: just kind of establishes where real world assets and collectibles
• 14:25
  Speaker 1: are going to kind of converge. Here is that it
• 14:27
  Speaker 1: seems like a natural solution for that. Before I jump
• 14:31
  Speaker 1: into the Disney connection here, let me just ask you
• 14:34
  Speaker 1: when you said, watches, What do you mean explain to
• 14:36
  Speaker 1: what to me what you're doing there.
• 14:38
  Speaker 4: So we have watches in our vault that have their
• 14:42
  Speaker 4: digital twin linked on our marketplace. I'm not sure that
• 14:45
  Speaker 4: there are any for sale right now, but you know,
• 14:47
  Speaker 4: Flow has tokenized a few rolexes and added them into
• 14:51
  Speaker 4: their rewards store, and that's one of their new activations,
• 14:55
  Speaker 4: which is really exciting. We've partnered with some amazing reseller
• 15:00
  Speaker 4: and we exclusively take in their product. Right now, we're
• 15:04
  Speaker 4: not open doors for anyone and everyone to send their
• 15:07
  Speaker 4: watches in because obviously authentic is key and making sure
• 15:10
  Speaker 4: that protects that we're listing our top tier, top quality.
• 15:15
  Speaker 4: But it's a market that we are excited to continue
• 15:18
  Speaker 4: to evolve and get stronger in.
• 15:21
  Speaker 1: All right, So let's connect the dots here. Because Disney
• 15:25
  Speaker 1: Pinnacle launched on Flow. This is an active community. It
• 15:30
  Speaker 1: went out with an initial test, very successful. The likelihood
• 15:34
  Speaker 1: of connecting real world assets now for Disney is here
• 15:38
  Speaker 1: and most likely we're going to see a lot more.
• 15:40
  Speaker 1: If you look at just what they did with Mohana two.
• 15:43
  Speaker 1: They released this in the United States and Canada, but
• 15:45
  Speaker 1: they did the collectible card and I'm just wondering at
• 15:48
  Speaker 1: some point there could be a strategy here for Disney
• 15:51
  Speaker 1: that starts to tokenize all of these kinds of assets,
• 15:54
  Speaker 1: which again would be beneficial to be easy because you
• 15:57
  Speaker 1: can now start to see these within your market place.
• 16:01
  Speaker 1: What do you think Disney's strategy is to really get
• 16:04
  Speaker 1: moving here, especially around kind of the connection between what
• 16:07
  Speaker 1: they're doing with the movies and eventually maybe even with
• 16:10
  Speaker 1: scenarios that could play out within Disney.
• 16:12
  Speaker 4: Plus, I mean, Disney has arguably the strongest ip in
• 16:16
  Speaker 4: the world, right, so the potential is truly limitless. I
• 16:21
  Speaker 4: think that, you know, when I look at the potential,
• 16:25
  Speaker 4: I think one of the biggest solves is sort of
• 16:27
  Speaker 4: the claim aspect on a really you know, hyped drop
• 16:32
  Speaker 4: or launch for a pin set. I think also, you know,
• 16:37
  Speaker 4: when you link what we're doing to some big Disney
• 16:41
  Speaker 4: pin collectors, we want to vault their grails, right, There's
• 16:45
  Speaker 4: no reason that those need to be at risk with
• 16:47
  Speaker 4: self storage, you know. But again, if Disney puts out
• 16:51
  Speaker 4: a collection of really highly coveted pins and creates an
• 16:56
  Speaker 4: NFT or a digital twin as the claim and they
• 17:00
  Speaker 4: can either sit in a vault safely secured or the
• 17:02
  Speaker 4: physical can actually be claimed. I think blockchain tech makes
• 17:06
  Speaker 4: those types of processes so much smoother and really shores
• 17:10
  Speaker 4: up the logistics.
• 17:11
  Speaker 1: Yeah, I think the market is really ripe for kind
• 17:15
  Speaker 1: of a breakthrough that we've been because everybody's been testing
• 17:18
  Speaker 1: this and Disney's been doing this for multiple years. They
• 17:21
  Speaker 1: started on Polygon, they had a lot of different initiatives
• 17:24
  Speaker 1: that started Disney. Pinnacle launched, even though it was kind
• 17:28
  Speaker 1: of a closed launch, very successful.
• 17:30
  Speaker 2: The tie in now to movies.
• 17:32
  Speaker 1: They have the perfect platform in Disney plus that could
• 17:36
  Speaker 1: eventually tie into some sort of art of you a
• 17:39
  Speaker 1: in terms of a collectible. So it definitely they're in
• 17:42
  Speaker 1: the right place at the right time. Last two questions
• 17:44
  Speaker 1: for you, I want to jump into AI and AI agents.
• 17:48
  Speaker 1: Any plans for AI agents on BEZ.
• 17:51
  Speaker 4: I mean, we're already using AI with our authentication of
• 17:54
  Speaker 4: sneakers and that's really exciting. It makes our back end
• 17:59
  Speaker 4: PROSS a lot more efficient, and you know, you really
• 18:05
  Speaker 4: can't beat the success rates of AI. We look at AI,
• 18:10
  Speaker 4: you know in the future, anything from continuing to build
• 18:14
  Speaker 4: out authentication to personalize recommendations based on your shopping preferences,
• 18:19
  Speaker 4: to really like predictive success models for collectibles in the
• 18:23
  Speaker 4: market in general.
• 18:25
  Speaker 3: I think it's it's you.
• 18:26
  Speaker 4: Know, there's no doubt that the involvement of AI with
• 18:30
  Speaker 4: collectibles will only get stronger and stronger. We we are
• 18:34
  Speaker 4: massive supporters of a card grading company called Tag. Stay
• 18:38
  Speaker 4: tuned for some potential interesting activations there with BS and TAG.
• 18:41
  Speaker 4: But Tag is AI card authentication, and you know, it
• 18:46
  Speaker 4: just takes that that sort of human element of is
• 18:50
  Speaker 4: that greater having a good or bad day off of
• 18:52
  Speaker 4: the table. It's efficient, it's fast, it's really interesting what
• 18:57
  Speaker 4: they're doing, and we continue to pursue bringing A and
• 19:02
  Speaker 4: aideper into BZ on an ongoing basis.
• 19:06
  Speaker 1: Well, I think the key with you look at the
• 19:09
  Speaker 1: innovation here and the potential for AI integration the collector
• 19:12
  Speaker 1: community is you either have to be an expert at
• 19:16
  Speaker 1: it to really be able to understand it, or you
• 19:18
  Speaker 1: need a tool. And I think that's where an AI
• 19:21
  Speaker 1: agent could really play in. That could level up a
• 19:23
  Speaker 1: lot of people into the collector community that maybe was
• 19:28
  Speaker 1: a little afraid to jump in before because they at
• 19:30
  Speaker 1: least kind of have like their own personal consultant.
• 19:33
  Speaker 2: They could help them.
• 19:34
  Speaker 1: What about roadmap for twenty twenty five for you guys
• 19:37
  Speaker 1: a token, any kind of plans for a buz e token.
• 19:41
  Speaker 4: I mean if I said that there were no plans
• 19:43
  Speaker 4: for a token, being blockchain and a cryptonative team, I'd
• 19:46
  Speaker 4: be lying. I will say that the platform. You know,
• 19:50
  Speaker 4: we've been in this market and in this space for
• 19:54
  Speaker 4: a very long time, and what I can say is
• 19:58
  Speaker 4: that we will never push a token out at the
• 20:00
  Speaker 4: detriment to the platform. If and when we do push
• 20:03
  Speaker 4: the token out, it will be something that complements the
• 20:06
  Speaker 4: native ecosystem and doesn't hurt it.
• 20:09
  Speaker 1: If you think you look at blockchain today right now,
• 20:11
  Speaker 1: especially with real world assets, we see this a lot
• 20:14
  Speaker 1: in the financial sector, you know, everything from token is, securities, gold, diamonds,
• 20:18
  Speaker 1: you know, high valued worth. But the collector community, I
• 20:21
  Speaker 1: feel like is the natural place for RWA's because everybody's
• 20:26
  Speaker 1: sitting on all these physical assets and they understand the
• 20:29
  Speaker 1: potential here for you know, digitizing these into a blockchain.
• 20:33
  Speaker 1: How long before you think we'll see real adoption.
• 20:36
  Speaker 3: They really understand we're there.
• 20:38
  Speaker 4: We're there in terms of being able to onboard and
• 20:42
  Speaker 4: really taking down that barrier of entry which has existed
• 20:45
  Speaker 4: over the last few years. The tools are getting better
• 20:48
  Speaker 4: and better. The friction is minimal at this point, and
• 20:52
  Speaker 4: I think it's one of those use cases that I
• 20:55
  Speaker 4: always say, keep it simple, stupid. It's easy to wrap
• 20:58
  Speaker 4: your head around, right, Why do people want to have
• 21:01
  Speaker 4: potentially hundreds of thousands of assets that they're never going
• 21:04
  Speaker 4: to wear, they're probably not touching and looking at each day,
• 21:08
  Speaker 4: at risk in their house when it could be vaulted, secured, stored,
• 21:12
  Speaker 4: and have a digital quinn when that's linked to it,
• 21:15
  Speaker 4: you know. And it's one of those things like mass
• 21:17
  Speaker 4: adoption comes when you're solving a problem, and that's what
• 21:21
  Speaker 4: block pain tech and our WA's as it relates to
• 21:24
  Speaker 4: collectibles is really doing.
• 21:25
  Speaker 2: It's been great having you on today. Thanks so much.
• 21:28
  Speaker 1: It's good to kind of understand where this tech is going.
• 21:30
  Speaker 1: But obviously see founders and builders like you getting out there,
• 21:34
  Speaker 1: so we'll keep a close eige on what you're doing
• 21:36
  Speaker 1: as the twenty five progresses. But thanks for stopping it.
• 21:39
  Speaker 3: Thank you for having me, Paul, Take care.
• 21:41
  Speaker 1: Okay, all right, so you guys are tuned in right now,
• 21:44
  Speaker 1: maybe on the podcast side of things, jump over here
• 21:46
  Speaker 1: to the YouTube channel. Get in here, because this is
• 21:49
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• 21:51
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• 21:54
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• 21:57
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• 21:59
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• 22:01
  Speaker 1: Paul Baron. We'll catch you next time right here on
• 22:03
  Speaker 1: Techpath