Latest / The Paul Barron Crypto Show / Crypto Self-Custody + Tangem Roadmap️‍🔥INTERVIEW

Transcript

Crypto Self-Custody + Tangem Roadmap️‍🔥INTERVIEW · The Paul Barron Crypto Show

0:06
Speaker 1: My name is Paul Barren. Welcome back in the tech Path.
0:08
Speaker 1: It's going to be a good one today because we're
0:09
Speaker 1: going to be breaking this down with the Tangum team
0:12
Speaker 1: and really trying to get an idea of how self
0:15
Speaker 1: custody can be so critical in your crypto strategy. So
0:18
Speaker 1: we'll dive in deep. I'm going to bring David Wilshner on,
0:21
Speaker 1: who is one of the brand ambassadors over at Tangum.
0:24
Speaker 1: Great to have you back, David.
0:26
Speaker 2: Thank you, Paul. I really appreciate that you're going to
0:28
Speaker 2: give us a chance again to talk about Tangum, the
0:30
Speaker 2: great experience we had made over the past month together,
0:33
Speaker 2: and also are very very interesting new upcoming features and
0:36
Speaker 2: all that stuff you're going to need to know about
0:38
Speaker 2: self custodio self custody and also how to swap on
0:41
Speaker 2: Tangum directly your cryptos without any issues. Thank you very
0:44
Speaker 2: much for having us today.
0:46
Speaker 1: Yeah, very cool. Well, a couple of things we are
0:48
Speaker 1: going to do guys, just to let everybody know, on
0:50
Speaker 1: our next episode with with this wallet, we are going
0:53
Speaker 1: to be doing an announcement today of two of the
0:56
Speaker 1: Tangent Marine giveaways, which, of course if you have not
0:59
Speaker 1: seen the ring, then you guys need to take a
1:02
Speaker 1: look at it. It's pretty, it's a pretty snappy device,
1:05
Speaker 1: works tremendously effective, and it's going to be given away
1:08
Speaker 1: to some of our Diamond Circle members. So if you're
1:10
Speaker 1: not part of the Diamond Circle, sign up right now.
1:12
Speaker 1: That way you'll still get a chance to be able
1:15
Speaker 1: for that little giveaway that we're going to be doing. David,
1:18
Speaker 1: let's kind of just jump into self custody in general.
1:21
Speaker 1: A couple of the things that have been looking I think,
1:25
Speaker 1: you know, from a market standpoint is there's one huge surge.
1:29
Speaker 1: Even with our own you know, partnerships, we've seen a
1:32
Speaker 1: lot more clicks on people going over to whether it's
1:36
Speaker 1: the Tangent wallet or getting you know, software wallets, et cetera.
1:39
Speaker 1: But a lot of people now going into self custody.
1:42
Speaker 1: And when you look at the self custody landscape and
1:46
Speaker 1: you think about the different products and services, obviously I
1:49
Speaker 1: know your strengths, but is this something do you feel
1:52
Speaker 1: that has finally got into mainstream where just a regular,
1:56
Speaker 1: brand new crypto user is starting to use it?
2:00
Speaker 2: Oh? Absolutely, And I really love that you bring up
2:02
Speaker 2: that question. I mean, in general, all over the world.
2:04
Speaker 2: Everybody is aware that keeping your fiat money into your
2:08
Speaker 2: pocket is most likely the safest way to really have
2:11
Speaker 2: control about that. I mean you can have it in
2:13
Speaker 2: a bank, you can have it underneath your pillow, you
2:15
Speaker 2: can have it everywhere you want, but in your pocket
2:17
Speaker 2: you have absolutely control. And this is definitely the same
2:20
Speaker 2: with your crypto assets. And I can really say congratulations
2:23
Speaker 2: to everybody, no matter if you're one day, one week,
2:25
Speaker 2: one month, or ten years into crypto market, that you
2:28
Speaker 2: have understood that doing self custodal is not a punishment,
2:31
Speaker 2: it's a blessing. And this is really phenomenon that people
2:35
Speaker 2: understand that. And we really think that doing self custodal
2:39
Speaker 2: you'll have to be simple. I mean you know it
2:42
Speaker 2: by your own setting up a device two three, four
2:45
Speaker 2: years ago. Not Tangum is a pain in the butt,
2:47
Speaker 2: and we don't like that, and we really think that
2:50
Speaker 2: have to be simple. And in our very first page
2:55
Speaker 2: web page that we had created for Tangrum for our cards,
2:59
Speaker 2: the main brand was tangibis the bridge between eight billion
3:02
Speaker 2: people and the blockchain.
3:04
Speaker 1: So I love it.
3:04
Speaker 2: I mean, this is exactly what we all are.
3:07
Speaker 1: I think a lot of people don't really understand the
3:10
Speaker 1: simplicity of these wallets when you look at the NFC
3:14
Speaker 1: type wallet technology that you guys have been able to
3:17
Speaker 1: implement versus some of the other ones that are more
3:20
Speaker 1: hardware oriented, where they've got the click in the screen
3:23
Speaker 1: and a lot of the physical functionality of it. It's
3:26
Speaker 1: a very one I feel like it's just a much
3:29
Speaker 1: more clunky process to do it that way. One you've
3:31
Speaker 1: got to carry the device, then you've got to either
3:33
Speaker 1: Bluetooth connect it, then you've got to go through the
3:36
Speaker 1: screen of setting it up, getting on the right network,
3:38
Speaker 1: where with your app and the wallet itself is almost seamless.
3:43
Speaker 1: I mean, it's just literally have it ready going into
3:46
Speaker 1: the device itself. We're going to do a sample or
3:48
Speaker 1: an example swap here in a minute to show people
3:51
Speaker 1: just how easy that is. But before we go there,
3:53
Speaker 1: I want to talk about user growth because we have
3:55
Speaker 1: seen an expansion of questions and a lot of people
3:58
Speaker 1: who have never done so custody before wanting to dive
4:02
Speaker 1: into it. Are you guys seeing that kind of growth
4:04
Speaker 1: in terms of your own user base? Oh?
4:07
Speaker 2: Yeah, we have. I mean we're running a couple of
4:10
Speaker 2: Telegram channels in multiple languages. Right now, we have done German,
4:14
Speaker 2: in English and Russian, I think in Chinese, French, Italian.
4:20
Speaker 2: We really have a lot of channels and we see
4:22
Speaker 2: a tremendous amount of people running in asking really rookie questions.
4:26
Speaker 2: What's perfect because we really want to help everybody to
4:29
Speaker 2: protect their assets and their funds very very easy and safely.
4:32
Speaker 2: And yeah, exactly what you said. There are a bunch
4:34
Speaker 2: of new people coming in and asking and try to
4:38
Speaker 2: get their hands on a good way how to store
4:40
Speaker 2: their assets. And just as a little small edit that
4:43
Speaker 2: what you said, just hooking up the device, make a
4:45
Speaker 2: Bluetooth connection, you know, And here's a problem, charge your device,
4:49
Speaker 2: believe it or not. I had brought yesterday a couple
4:52
Speaker 2: of excerpt pete tokens. Yeah, a couple of excerpte tokens
4:56
Speaker 2: from EXPERPT healthcare to an exchange. And I need to
4:59
Speaker 2: grab my decent wallet, charge it, make it firmware, audit
5:04
Speaker 2: and I'm ready to send something. It was thirty five
5:07
Speaker 2: minutes past, so I meaneah, in the crypto market, it's
5:10
Speaker 2: most likely a decade. And yeah, that's that's definitely plus
5:16
Speaker 2: with us. So you're ready within seconds, Yeah, I.
5:19
Speaker 1: Like the fact that it's it's very simple and easy,
5:22
Speaker 1: and I think most people just recognize carrying a card,
5:26
Speaker 1: which makes it very you know, very familiar, you know,
5:29
Speaker 1: in terms of how to use it. I've been able
5:31
Speaker 1: to train a handful of people. We have a kind
5:35
Speaker 1: of a seminar that we host on you know, experiencing
5:38
Speaker 1: blockchain for the first time. I do them every three
5:41
Speaker 1: weeks on a Sunday. The last one we did had
5:43
Speaker 1: one hundred people, and we we were you know, showcasing
5:47
Speaker 1: the Tangent wallet and how it works. People were just
5:50
Speaker 1: absolutely blown away that this was how self custody worked
5:53
Speaker 1: and how easy it was. I'm looking though at your roadmap.
5:58
Speaker 1: I'm over on your website right now and one of
6:00
Speaker 1: the things I wanted to focus in on for Q four.
6:03
Speaker 1: I know you guys have a lot going on. Obviously,
6:05
Speaker 1: we've got a lot of new advancements. Talk to me
6:08
Speaker 1: first about some of the new swapping features that you
6:11
Speaker 1: guys have rolled out.
6:13
Speaker 2: This is amazing. I mean I can tell you the
6:15
Speaker 2: majority of the people know already that you can store
6:18
Speaker 2: your assets very safety and security on tension, and they
6:22
Speaker 2: also know that you can just send them away to
6:25
Speaker 2: your exchange or another wallet, very easy and secure. But
6:28
Speaker 2: what the majority of the people don't know, and if
6:31
Speaker 2: you don't mind, I would like to show that to you.
6:33
Speaker 2: You can also directly swap your assets on Tensrum and
6:37
Speaker 2: this is something very very simple and easy. So just
6:41
Speaker 2: imagine you're sitting at one hundred k bitcoin. I mean,
6:45
Speaker 2: we have had that end of last week, and I
6:47
Speaker 2: was sitting there on my computer and thought, okay, let's
6:50
Speaker 2: lock into my binding's account and see what happens. And
6:52
Speaker 2: what happened. Error, I couldn't lock into my buind's account
6:55
Speaker 2: because it was not available. Because so many people want
6:58
Speaker 2: to swap sell stuff, you know, and this is horrible
7:02
Speaker 2: and this is what will definitely happen in the peak
7:05
Speaker 2: times again. And therefore we have created tangem Express. And
7:09
Speaker 2: what is tension Express. It means nothing more than swapping
7:12
Speaker 2: your assets by cross chain swaps directly on tangiment. I
7:17
Speaker 2: would love to show you very shortly how to work
7:19
Speaker 2: what works. I mean, everybody knows Casper, the good Casper
7:22
Speaker 2: with K you just grab it and say swap. I'm
7:25
Speaker 2: sorry that it's in German. I'm most likely based in Germany,
7:28
Speaker 2: So let's grab two hundred casper. It's roughly thirty five
7:32
Speaker 2: bucks dollars. And let's say, you know what, swap it
7:35
Speaker 2: to use the tea on Solana, And you see it's
7:39
Speaker 2: definitely a cross chain swap.
7:41
Speaker 1: Right.
7:41
Speaker 2: What he's asking for is really for fourteen cents of
7:46
Speaker 2: fees for the decks that he's grabbing. He's grabbing change.
7:49
Speaker 2: Now we can also grab change lee, but there is
7:51
Speaker 2: a little bit more fees around like that, and he's
7:53
Speaker 2: asking for less than one cent of cass for gas
7:57
Speaker 2: vee and out of my thirteen dot three four dollars
8:02
Speaker 2: in casper worth, I get twenty eight dollars eighty six.
8:06
Speaker 2: I mean the exchange also grabs a little bit of
8:08
Speaker 2: a fee, but that's perfectly okay, and I say, okay,
8:10
Speaker 2: I'm good with that. Let's say swap. The good thing
8:13
Speaker 2: is nothing happens without my identity, my face. And now
8:17
Speaker 2: he's asking me for my card. So what I do,
8:20
Speaker 2: and this is my physical proof that I'm the owner
8:22
Speaker 2: of that wallet. I just tap the card and this
8:26
Speaker 2: is what it's done. The good thing is, even if
8:28
Speaker 2: the exchange is working in the background a little bit
8:31
Speaker 2: slow and the swap takes maybe an hour or two.
8:34
Speaker 2: What could happen the peak time. Even with a quick
8:36
Speaker 2: network like Casper, the swap is triggered, your prices is
8:41
Speaker 2: secured and everything works. So I can go and close,
8:45
Speaker 2: maybe go a little bit back, just refresh. Okay, there
8:51
Speaker 2: is a little bit sent maybe over the next I
8:54
Speaker 2: don't know, ten minutes. I can take a look here
8:56
Speaker 2: and it will definitely arrive here. So you can see here.
8:58
Speaker 2: You can see the swap already goes on to one
9:01
Speaker 2: hundred cas into usity. So he recognized it already, but
9:04
Speaker 2: he's working on it, and that's very okay. And this
9:07
Speaker 2: is how you definitely can make sure that you get
9:10
Speaker 2: the best price for your swap right away without losing security,
9:15
Speaker 2: speed and spend toodles and doodles of gas fees. I
9:18
Speaker 2: mean this was on CASPA very easy. You know, gas
9:21
Speaker 2: fee is not a problem. But what is with ethereum
9:23
Speaker 2: This is painful and we definitely have a very very
9:25
Speaker 2: good option to make sure that you don't need to
9:28
Speaker 2: grab the right network, take care about any goofy walet
9:31
Speaker 2: addresses or maybe do a type of mistake. What definitely happens,
9:35
Speaker 2: I mean, you know ite by your own and maybe
9:37
Speaker 2: out of experience from your community. A lot of funds
9:39
Speaker 2: get sent into the nirvana by selecting the wrong network,
9:44
Speaker 2: and this is how you definitely also can support the
9:47
Speaker 2: blockchain by reducing the amount of tokens, but you definitely
9:50
Speaker 2: want to have that money, and this is what we
9:52
Speaker 2: can do for our community to make it simple, safe
9:55
Speaker 2: and also quick.
9:57
Speaker 1: I want to talk about a few other things within
9:59
Speaker 1: this saking. You've got the poke lot, which is pretty typical.
10:03
Speaker 1: I mean, we've seen this before. In terms of the
10:05
Speaker 1: app developments, a couple of new features in there. Are
10:08
Speaker 1: there anything specifically outside of Tantum Express that you're really
10:13
Speaker 1: excited about in terms of the roadmap?
10:16
Speaker 2: Oh? Absolutely, So you have seen that we have a
10:18
Speaker 2: lot of options of staking directly also intension available like
10:22
Speaker 2: for example, right now we have Solana B and B,
10:25
Speaker 2: Polygon Cosmos with the atom coin. We also have Tron
10:29
Speaker 2: and many more are coming in the next months. Say
10:33
Speaker 2: that we really need to make sure that we hit
10:35
Speaker 2: the right partners, that we make the right decisions and
10:37
Speaker 2: also grab that what our users are asking for. Something
10:40
Speaker 2: that we're also pretty proud of is that we have
10:43
Speaker 2: integrated Casper with c Over the last weeks into Tensium.
10:47
Speaker 2: And we also have let me say, nearly ready KRC
10:52
Speaker 2: twenty so CASPA the k Casper token support, so you
10:58
Speaker 2: can definitely add any mean coins on Casper, hopefully by
11:02
Speaker 2: the end of this month, directly your attention. We have
11:04
Speaker 2: it on our better line. We're testing that right now
11:06
Speaker 2: and make sure that everything works perfectly fine. We also
11:10
Speaker 2: implemented what it connect for the Solana blockchain. We have
11:13
Speaker 2: had some issues with that, but it's right now ready
11:16
Speaker 2: and available. I think that was a really really important
11:18
Speaker 2: pot topic, and Paul, I know that you and I
11:21
Speaker 2: have talked in the very first meeting about that and
11:24
Speaker 2: the second meeting about that, and now I can proudly
11:26
Speaker 2: say we are working on NFT native support. We are
11:32
Speaker 2: really working on it. I saw it.
11:35
Speaker 1: I see it on your list. Here is December look
11:37
Speaker 1: like the timeline that you could hit it on. That's
11:40
Speaker 1: just around the corner.
11:42
Speaker 2: I would say no, but I know that our team
11:45
Speaker 2: is working very hard on it, but I will very honest.
11:48
Speaker 2: Quality comes first for us, and before we're not one
11:51
Speaker 2: hundred percent sure that everything works properly incorrectly, we do
11:55
Speaker 2: not release it to our regular users. I know that
11:58
Speaker 2: our engineering team is very hard on that and they
12:01
Speaker 2: made the very first successful steps. But this is definitely
12:04
Speaker 2: on the way.
12:06
Speaker 1: So one of the things, one of the things I
12:09
Speaker 1: do like, I was looking at further in this so
12:11
Speaker 1: you're saying it's coming, we could see it maybe early
12:13
Speaker 1: next year. It looks like I like the push notifications
12:16
Speaker 1: for incoming transactions, the transaction history redesign. I think this
12:21
Speaker 1: is going to be a big welcome. I'll welcome one
12:23
Speaker 1: because I see that all the time of that and
12:26
Speaker 1: then this explain this right here, transaction scam detection. Can
12:30
Speaker 1: you tell me a little bit more about that.
12:33
Speaker 2: Yeah, there are a lot of projects out there on
12:35
Speaker 2: the market, like maybe happy aph Api or maybe Checkout
12:39
Speaker 2: that are capable to track and also warn about scams
12:45
Speaker 2: and maybe blind signing, you know, just a malicious contract,
12:48
Speaker 2: et cetera, et cetera, And we're planning to integrate something
12:51
Speaker 2: like that to make sure if we know, okay, this
12:53
Speaker 2: is already a notified scam wallet address that we raise
12:58
Speaker 2: our hands and say, hey, buddy, do you really want
13:00
Speaker 2: to send something to that address? It is not safe.
13:02
Speaker 2: We know that it's interesting, ok are you really sure?
13:05
Speaker 2: So that's very important for us because security of our
13:08
Speaker 2: users comes first before anything else, and we really need
13:10
Speaker 2: to make sure that we do not let people scam
13:14
Speaker 2: our customers.
13:15
Speaker 1: So yeah, it's one thing. One thing that we have
13:18
Speaker 1: noticed on the Phantom app primarily is wallet dusting, and
13:24
Speaker 1: for users out there, it's basically where some of these
13:27
Speaker 1: scam tokens will just you know, drop in deposits on
13:30
Speaker 1: your wallet. In some cases pretty significant to pollt deposits,
13:34
Speaker 1: and we've had people who have actually tried to swap those,
13:37
Speaker 1: which enables them to gain access to your wallet. So
13:40
Speaker 1: what you're saying is this type of feature that you're
13:42
Speaker 1: starting to build in is a little bit more protection
13:47
Speaker 1: around those kinds of events something like wallet dusting scenario.
13:51
Speaker 1: Is that true?
13:53
Speaker 2: Correct? The big problem is, I mean could you really
13:55
Speaker 2: I mean, you can read a smart contract, but could
13:57
Speaker 2: you understand what's written in there?
13:58
Speaker 1: I couldn't do it.
13:59
Speaker 2: I could do partially, but not in the overall in
14:02
Speaker 2: the great scheme of things. But this is definitely something
14:04
Speaker 2: that other projects can do, and we're integrating things like
14:07
Speaker 2: that to make sure that we really protect our users
14:11
Speaker 2: against any kind of fraud, what it drain, et cetera.
14:14
Speaker 2: I mean, you perfectly explained it very very amazingly. I
14:18
Speaker 2: never heard that worting what it's dusting, but this is
14:21
Speaker 2: actually what it is. Yeah.
14:23
Speaker 1: Yeah, they just drop a little dust in there. Sometimes
14:25
Speaker 1: they'll drop more. They try to lure people in with
14:29
Speaker 1: you know, hundreds or thousands of dollars or it appears
14:32
Speaker 1: to be that in a wallet, and we've seen a
14:35
Speaker 1: couple of people been scammed and have been. We do
14:38
Speaker 1: a lot of kind of PSAs over on our Twitter
14:40
Speaker 1: account that says, hey, if you get if you're getting
14:42
Speaker 1: these kind of drops on these tokens, be very cautious
14:47
Speaker 1: on those kind of exchanges if you're not recognizing the
14:49
Speaker 1: transaction coming through. Other things I wanted to talk about
14:52
Speaker 1: for you, and this is multiple addresses per account. Like
14:56
Speaker 1: a wallet that resides on Phantom or COINBA S wallet,
15:00
Speaker 1: et cetera. I can go in and create multiple wallets
15:02
Speaker 1: within that account. With Tangum, I need multiple wallets physically
15:08
Speaker 1: to do that. So is there any plan to be
15:10
Speaker 1: able to create sub wallets or something I can assign
15:13
Speaker 1: to a child or a friend or someone else in
15:16
Speaker 1: my family to be able to control that.
15:20
Speaker 2: So in generally we highly recommend for every new user
15:23
Speaker 2: to have a new wallet. I mean that's important regarding
15:26
Speaker 2: salty insecurity and also yeah, and also let me say,
15:29
Speaker 2: separate your funds. You don't want to have any text
15:32
Speaker 2: related swaps in there, you know, or maybe misconceptions. But
15:37
Speaker 2: long story short, we are working since a couple of
15:40
Speaker 2: months on multiple addresses. So this is something that we
15:43
Speaker 2: definitely have an our roadmap and what we're playing to
15:46
Speaker 2: integrate because we know that a lot of people are
15:48
Speaker 2: asking for that.
15:48
Speaker 1: But yeah, so for now, if I want multiple addresses,
15:52
Speaker 1: I can add multiple devices to the single app, and
15:56
Speaker 1: I can carry three, four or five cards if I want.
15:59
Speaker 1: They're not that expensive, so it's fairly easy to do.
16:02
Speaker 1: I do like the security mechanism, but I think it'll
16:04
Speaker 1: be a welcome side to see multiple addresses coming in
16:08
Speaker 1: For you guys, let's talk about things from some of
16:11
Speaker 1: the major exchanges, like you think, well, let's look at
16:14
Speaker 1: robin Hood. Robinhood would be an example. Any plans for
16:17
Speaker 1: possibly doing swaps with some of these major exchanges, or
16:21
Speaker 1: at least the capability as opposed to something like a
16:23
Speaker 1: oka X.
16:26
Speaker 2: Yeah, so we're really working very hard to onboard more partners.
16:30
Speaker 2: I mean, you know, right now, we have multiple decentralized
16:33
Speaker 2: exchanges and also centralized exchanges running on Tension Express. What
16:37
Speaker 2: is attention swap that I showed a little bit earlier.
16:39
Speaker 2: So right now we have one inch and Okay extacts
16:44
Speaker 2: as definitely the center decentralised exchanges. We also have change
16:48
Speaker 2: key change now and also change hero and I think
16:51
Speaker 2: a cup to more. I mean, we're really integrating very
16:53
Speaker 2: very quick right now, and I know that there are
16:56
Speaker 2: three or four more coming. I cannot announce it officially,
16:59
Speaker 2: but we're on some very big centristic exchanges to also
17:03
Speaker 2: get them in.
17:04
Speaker 1: Okay, well, I'll be watching for that. Let's talk about
17:08
Speaker 1: other meme coin ecosystems. One out there that we've been
17:11
Speaker 1: looking at has been XRP, and most of the time
17:14
Speaker 1: you got to go to a you know XP market
17:16
Speaker 1: you're working with you know, acquiring mean coins. A lot
17:19
Speaker 1: of times you got to download almost these native platform wallets,
17:24
Speaker 1: like in this particular Gamen, which is the one that
17:28
Speaker 1: is available we can still integrate. I know we're getting
17:30
Speaker 1: into a lot of details for those of you that
17:32
Speaker 1: are maybe just brand new to this, and this is
17:35
Speaker 1: for a more advanced user that's trying to do something
17:37
Speaker 1: within the XRP ecosystem and you tie your Tangent wallet
17:40
Speaker 1: to it. Is there any plan to get gham and
17:43
Speaker 1: wallet support within Tangent to kind of reduce that thing. Yeah.
17:49
Speaker 2: Sorry, So here's here's an interesting thing. Salmon wallet was
17:52
Speaker 2: the very first one that we created. Hotwa what it's
17:54
Speaker 2: for and part of the code is sterically from Tangent.
17:57
Speaker 2: So let's gral them very very good and we know
18:00
Speaker 2: them for a long time. And I can tell you
18:02
Speaker 2: I have I have pleased our engineers almost a year
18:06
Speaker 2: and a half ago that we can start creating exorp
18:10
Speaker 2: trust lines to the Tangent mollet to really have that
18:12
Speaker 2: connection for the tokens in there. But we have that
18:15
Speaker 2: a little bit further away on our to do on
18:18
Speaker 2: our road map. But here's the point. What we as
18:20
Speaker 2: Tangum do. We definitely integrate according to the user's request.
18:24
Speaker 2: So if the community from you and from the English
18:28
Speaker 2: speaking community say hey, we need that to me favor,
18:32
Speaker 2: send an email to support at tangum dot com and
18:35
Speaker 2: say we need the exerpme tokens and it's.
18:38
Speaker 1: The one hundred or a thousand or more.
18:40
Speaker 2: We will do that to get that on.
18:42
Speaker 1: The we have. We have the XRP army at Bay
18:47
Speaker 1: right now, so they're probably listening in on this very
18:50
Speaker 1: topic when we if we drop anything about XRP, it's
18:53
Speaker 1: usually the XRP army out there. So for you guys
18:55
Speaker 1: listening in your XRP army tag tantrum over on x
18:59
Speaker 1: and let them know you just want to be able
19:00
Speaker 1: to access more of the XRP ecosystem and the Ledger.
19:04
Speaker 1: So you look at some of the other ones all
19:07
Speaker 1: right right now, meme coins. Almost every network out there
19:10
Speaker 1: has their own little ecosystem. Everything from you know, you
19:15
Speaker 1: look at pumped a fun, you look at what's happening
19:16
Speaker 1: within the Avalanche ecosystem. You could look on flow Sui.
19:21
Speaker 1: I mean, everybody has their own little thing, and the
19:24
Speaker 1: ability to get those meme tokens in on these chains
19:27
Speaker 1: and into your wallet has been difficult unless you're using
19:30
Speaker 1: a native wallet to that chain. Any plans for experiencing
19:36
Speaker 1: or being able to transact more of those kinds of
19:38
Speaker 1: token transactions within the Tangent wallet avas for example.
19:44
Speaker 2: Yeah, definitely. I mean, like I said, we're working really
19:47
Speaker 2: on the user requests. If the people are asking for that,
19:51
Speaker 2: we are integrating and prioritizing those features very highly. So far,
19:57
Speaker 2: we have a lot of more things going on, but
20:00
Speaker 2: unfortunately they're just in the development or also under checking
20:04
Speaker 2: to make sure that we can do it and that
20:06
Speaker 2: we can do it cost efficiently, because like I said,
20:10
Speaker 2: we're integrating the things based on the user feedback and
20:12
Speaker 2: there is no one in the back and say, hey,
20:14
Speaker 2: you're going to pay you x amount of dollars that
20:16
Speaker 2: you can integrate things like that or put that new
20:19
Speaker 2: feature up so that it needs to make sense for
20:22
Speaker 2: us and also hit the user.
20:24
Speaker 1: Sure. Well, okay, well we have the Avalanche teams out there,
20:29
Speaker 1: So all of you red triangles as you're listening to
20:31
Speaker 1: this and you want some of those avax ecosystem tokens
20:36
Speaker 1: out here, this is another spot for us to reach
20:38
Speaker 1: out to the Tangent team and let them know, let
20:40
Speaker 1: them know that this is something. Out of all the
20:42
Speaker 1: user requests that you guys are getting today, what's like
20:46
Speaker 1: the top user request that everybody's asking for right now?
20:51
Speaker 2: I think it's Tangent pay.
20:53
Speaker 1: Oh really, that's going.
20:54
Speaker 2: To be with the majority of the people ask for, Hey,
20:57
Speaker 2: I want to use my crypto assets and pay my
20:59
Speaker 2: grocery is my gas my I don't know anything in
21:02
Speaker 2: the hardware store with that. And this is something that
21:04
Speaker 2: we're very proud on. We're really ready to launch that
21:08
Speaker 2: we have had very suce closes as the event it
21:11
Speaker 2: is Q one twenty twenty five. I mean, I do
21:15
Speaker 2: all the translation for the German app version, and I
21:18
Speaker 2: have oodles and doodles of texts text lines to translate
21:22
Speaker 2: from English to German for our new Tangent Pay, and
21:25
Speaker 2: I mean, I know it's coming. I see that, I
21:27
Speaker 2: see that in the internal chats what we have with
21:29
Speaker 2: our development team, and we're really thrilled for that. So
21:33
Speaker 2: everybody who's not aware of what is Tangent pay, Tension
21:36
Speaker 2: Pay is an option to grab your existing Tangent wallet,
21:40
Speaker 2: put the new Tangent Pay Visa card with it connected,
21:44
Speaker 2: and say, if I got to grab my Tensient Visa
21:46
Speaker 2: pay card and put it to a Visa terminal, then
21:49
Speaker 2: I can pay my groceries directly with usd T, Bitcoin,
21:53
Speaker 2: Ethereum cast but whatever you like to. And the good
21:56
Speaker 2: thing is your Tangent card stays in the hardware wallet
21:59
Speaker 2: and your Visa pay is just your Visa pay cards.
22:01
Speaker 2: So it's a new product. What is linked to your
22:03
Speaker 2: account with your permission, and it's not grabbing without any
22:07
Speaker 2: access requested or asked for, to your crypto assets. So
22:11
Speaker 2: it's so visual.
22:13
Speaker 1: It's work as a it's working as it would be
22:15
Speaker 1: working as a debit card. Is that the way it
22:17
Speaker 1: would be in terms of the transaction. Will this would
22:20
Speaker 1: be available in some of the Western nations.
22:23
Speaker 2: Yeah, it will definitely be available in the United States,
22:26
Speaker 2: so we're planning for that. So we definitely have it
22:28
Speaker 2: planned for a lot of countries right now. And I mean,
22:32
Speaker 2: the big deal is and the big problem is why
22:34
Speaker 2: we're working on that for almost five years, that dealing
22:38
Speaker 2: with feared in crypto is a totally painful situation. I mean,
22:41
Speaker 2: you know that. And we're very proud because we're the
22:44
Speaker 2: very first provider who is not grabbing your cryptos converted
22:49
Speaker 2: by third party into euros or dollars or yen or
22:52
Speaker 2: whatever and then send it to Visa and they're gonna
22:55
Speaker 2: pay the groceries for that. No Visa is doing that
22:59
Speaker 2: directly with the cloud, So the third party, no transaction time,
23:04
Speaker 2: launch lost, very cheap fees and also quick and very secure,
23:08
Speaker 2: and we're pretty proud of that. So, yeah, it's interestingly
23:11
Speaker 2: bright the future.
23:12
Speaker 1: So the likelihood of this getting launched in early twenty
23:15
Speaker 1: twenty five, would the US be one of the first
23:18
Speaker 1: countries to see it.
23:21
Speaker 2: I'm not sure about that, but we definitely get that
23:23
Speaker 2: on our to do list that the US is very
23:26
Speaker 2: highly rated because like with your community, we have the
23:29
Speaker 2: biggest market most likely right now there because there are
23:32
Speaker 2: a lot of users, a lot of potential. I mean,
23:35
Speaker 2: just in comparison to Germany or Europe, in the US
23:38
Speaker 2: you've got more than forty forty two percent of the
23:41
Speaker 2: population they're investing in crypto caupus but in stocks, and
23:47
Speaker 2: in Germany, for example, we're less than fourteen percent. So
23:50
Speaker 2: I mean you can see the potential in the States
23:52
Speaker 2: and that's interesting for US.
23:54
Speaker 1: Yeah, we're they I mean, there's a lot of numbers
23:56
Speaker 1: flowing around for the United States. Some of the people
23:59
Speaker 1: now are as to anticipating as many as eighty to
24:01
Speaker 1: one hundred million people within the United States that are
24:04
Speaker 1: actually exposed to crypto right now in some way or other.
24:08
Speaker 1: If you look at Coinbase being the number one app
24:11
Speaker 1: on the App Store just over the last couple of weeks,
24:14
Speaker 1: that's a lot of downloads that has to generate a
24:16
Speaker 1: lot of interest, you know, in these markets, So definitely,
24:18
Speaker 1: I see that last question is really around Solana and
24:22
Speaker 1: you and I got a chance to talk about this
24:23
Speaker 1: in the pre show. We've seen outages that have occurred
24:27
Speaker 1: on Phantom, I've seen outages that occurred on the Tangent wallet.
24:32
Speaker 1: Is there anything that you guys are doing to help
24:34
Speaker 1: maybe buffer those potential outages or issues that the Salona
24:39
Speaker 1: network is having, especially during these bull run times.
24:44
Speaker 2: Pill I was really happy that you brought that up,
24:46
Speaker 2: because honestly, I was not so aware about that issue
24:49
Speaker 2: because typically we know all Solana was totally blocked by
24:52
Speaker 2: the mean coins, but your community just experienced a lot
24:57
Speaker 2: of differences between the Phantom hot wallet, the Attention hotware,
25:01
Speaker 2: what that swaps and transfers on Phantom just works and
25:06
Speaker 2: on our Attention want it not? And that really hurts
25:08
Speaker 2: me a little bit. And it's definitely going to need
25:10
Speaker 2: to forward that to our team and ask them for
25:13
Speaker 2: some kind of an explanation for that and about ways
25:16
Speaker 2: how we can improve that. So for everybody who have
25:19
Speaker 2: had issues with that, I'm really sorry for that, and
25:21
Speaker 2: I can promise you I directly get it to the
25:24
Speaker 2: right people, to their attention and make sure that we
25:26
Speaker 2: hit the right actions to support the community the very
25:28
Speaker 2: best way. You don't not have any issues with the
25:32
Speaker 2: with the network if it's not created by the network.
25:35
Speaker 1: Yeah sure, yeah, well that is the you know, that
25:37
Speaker 1: is the thing which is And of course, even with
25:40
Speaker 1: swee being down for a couple hours over this last
25:42
Speaker 1: couple of weeks, it's interesting to see some of these
25:45
Speaker 1: these blockchains that are starting to face that Listen, We're
25:48
Speaker 1: probably gonna see a lot more of this because there's
25:49
Speaker 1: a lot more adoption, a lot more use cases starting
25:52
Speaker 1: to flow into this. The good thing is is this
25:54
Speaker 1: is an early stage cycle. I'm not only investing, but
25:57
Speaker 1: how this technology works, We're going to continue to see
26:00
Speaker 1: a lot more advances, just like we'll will on the
26:02
Speaker 1: wallets themselves. Last question for you, David, in terms of
26:06
Speaker 1: kind of future think of what tangum could be in
26:10
Speaker 1: terms of a wallet device globally, is there any one
26:13
Speaker 1: particular area outside of pay that you would say, well,
26:18
Speaker 1: we think this might be a next generation opportunity here,
26:22
Speaker 1: especially around self custody, because I imagine we're going to
26:25
Speaker 1: see this phase of self custody adoption be one of
26:29
Speaker 1: the biggest ever in blockchain. What are your thoughts?
26:33
Speaker 2: So in generally, I think we created an absolutely mind
26:37
Speaker 2: blowing product over the last years and we developed that
26:40
Speaker 2: together with the community to that what it is right now.
26:43
Speaker 2: So here from the Tension team and really the bottom
26:45
Speaker 2: of our hearts, we really want to say thank you
26:47
Speaker 2: to every user who just helped us develop this product
26:50
Speaker 2: to that point right now. And I can tell you
26:53
Speaker 2: the biggest focus what we have right now is really
26:56
Speaker 2: Tangent pay to make it more seamless, because that topic
27:01
Speaker 2: of swapping your cryptos into fiat is really a big
27:04
Speaker 2: issue right now. You know a lot of regulations, et cetera.
27:07
Speaker 2: But after that, directly, we're trying to more simplify the
27:12
Speaker 2: process we have right now. I showed you the swap option.
27:15
Speaker 2: The swap ounption is good, but we are working right
27:17
Speaker 2: now on a one click swap option, not with a
27:21
Speaker 2: lot of things colled, so you can really do that
27:24
Speaker 2: with one click and a lot of more things. Really
27:26
Speaker 2: keep things simple, make it easy, make it more user friendly,
27:30
Speaker 2: and in that way that no matter if you give
27:33
Speaker 2: this to your five year old boy or your ninety
27:37
Speaker 2: five year old granny. They should be capable to access
27:41
Speaker 2: to access that right away. I'm sorry, I just clicked right.
27:46
Speaker 2: So this is really one of our biggest focus to
27:49
Speaker 2: make sure that we keep things simple and make it
27:52
Speaker 2: user friendly as much as possible.
27:54
Speaker 1: Hey, David, is there an option for you to preload
27:57
Speaker 1: a wallet out of the factory for a gift? So
28:01
Speaker 1: if I want to give someone you know, bitcoin or
28:04
Speaker 1: you know, any token and it come pre loaded on
28:07
Speaker 1: a wallet, you know, fifty dollars worth of bitcoin that
28:09
Speaker 1: comes on a wallet, do you guys do anything like that?
28:12
Speaker 1: Have you ever thought about that as a as a
28:14
Speaker 1: solution for gifting?
28:16
Speaker 2: Yeah? In the past, Yeah, in the past, we really
28:18
Speaker 2: have had a dot one bitcoin on Tensium cards, but
28:22
Speaker 2: these were bitcoin only wallets. We haven't done that right
28:26
Speaker 2: now because of the fluctuation. If you have dot one
28:30
Speaker 2: zero point zero one bitcoin on it, it could be
28:33
Speaker 2: today worth nine thousand dollars and tomorrow worth of fifteen
28:36
Speaker 2: thousand dollars. So from away from the factory to the yes, sure,
28:41
Speaker 2: but if you if you have something like that, I
28:43
Speaker 2: can really highly recommend you. I mean, here's a perfect,
28:45
Speaker 2: perfect thing with the special discount we have right now
28:49
Speaker 2: with our back Friday sale with a code from Paul.
28:53
Speaker 2: With the pn I think the PBN code, you get
28:56
Speaker 2: twenty percent discount for your attention, not only ten percent,
29:01
Speaker 2: you get twenty percent. So grab a couple of wallets,
29:04
Speaker 2: pre load them with fifty bucks worth of bitcoin or ethereum,
29:07
Speaker 2: and give it away to one of your loved ones. So,
29:09
Speaker 2: I mean, this is the perfect gift or maybe to
29:12
Speaker 2: one of your child's and maybe in ten or twenty years,
29:16
Speaker 2: this is the first car or the driver license, or
29:19
Speaker 2: the first house they're gonna buy.
29:21
Speaker 1: I don't know.
29:22
Speaker 2: I mean it's crazy.
29:24
Speaker 1: Yeah, well, I think the key here is self cussy.
29:27
Speaker 1: You know, I was trying to get everybody educated on that.
29:30
Speaker 1: And for those of you, like you just mentioned, make
29:32
Speaker 1: sure and use our code down below. You'll be able
29:34
Speaker 1: to get twenty percent off. This is going to go
29:35
Speaker 1: through Black Friday. I think, what is an end on
29:37
Speaker 1: December third? I think, so make sure and use that.
29:40
Speaker 1: Get it out there for a gift over the Sturday season.
29:43
Speaker 1: Yeah yeah, get it out there for a gift over
29:45
Speaker 1: the holiday season. We will be giving away two of
29:47
Speaker 1: the Tangum rings that you guys do not want to
29:50
Speaker 1: miss so check out. If you have not went over
29:54
Speaker 1: to the Tangum website by the way, go over there.
29:58
Speaker 1: You guys can sign up right there. It's very simple,
30:01
Speaker 1: shows you a little bit more on how to use it.
30:03
Speaker 1: You can actually go in and order the three cards
30:06
Speaker 1: that get the ring. Even is the ring available for
30:09
Speaker 1: shipping right now if I wanted to ship it?
30:12
Speaker 2: Yeah, the ring is available for shipping right now. And
30:14
Speaker 2: what is very very important, I would like to show
30:16
Speaker 2: that very shortly if you okay with that. If you
30:19
Speaker 2: order a ring and measure your size, make sure that
30:22
Speaker 2: you really measure that correctly. There are a couple of
30:24
Speaker 2: options on that you can buy right away on Amazon.
30:27
Speaker 2: This small ring gage set what gives you a couple
30:30
Speaker 2: of sizes. If you're going to select the ring where
30:33
Speaker 2: you want to have it on which finger, make sure
30:35
Speaker 2: that you put it over your knuckle and also your
30:38
Speaker 2: finger very good. Select the size. I don't know which one,
30:41
Speaker 2: it doesn't matter. And if you think this one is
30:43
Speaker 2: the right size, just grab your gage, measure the US
30:46
Speaker 2: size and then you see which one you need. So
30:48
Speaker 2: for example, here we got number ten would be perfect
30:51
Speaker 2: for me. We got everything available from eight, nine, ten, eleven,
30:54
Speaker 2: and twelve. These are I think four ring sizes we
30:57
Speaker 2: got right now, and I can really highly recommend you
30:59
Speaker 2: just get one of these sets for you. It's I
31:01
Speaker 2: think it's ten dollars, definitely worth if you want to
31:04
Speaker 2: invest a higher amount of money in such an expensive
31:08
Speaker 2: piece of jewelry. So yes, this could be for sure
31:11
Speaker 2: multiple one hundred thousands of dollars with the right tokens
31:14
Speaker 2: on it.
31:15
Speaker 1: Yeah, well, you know it is all right you guys.
31:18
Speaker 1: Like I said, we're going to be giving away a
31:20
Speaker 1: couple of these, So if you're not in the diamond circle,
31:22
Speaker 1: get in right now. This is where we're going to
31:23
Speaker 1: be selecting the winners from. So just jump over to
31:26
Speaker 1: our membership page. You can sign up for free right there,
31:29
Speaker 1: get in the diamond circle. That's the idea of where
31:31
Speaker 1: we do these kind of giveaways. We've got a lot
31:33
Speaker 1: of giveaways happening through the month of December, so definitely
31:36
Speaker 1: be on the lookout for all that. David, it's always
31:38
Speaker 1: great having you on the show. Thank you so much
31:39
Speaker 1: for coming in today. We appreciate it.
31:42
Speaker 2: Thank you so much for having us, and also have
31:44
Speaker 2: a very very good rest of the holiday. And thank
31:48
Speaker 2: you very much.
31:49
Speaker 1: You bet, thank you. Are you guys tuned in? Make sure,
31:52
Speaker 1: as I said, get in on the Diamond Circle. The
31:54
Speaker 1: other thing about the Diamond Circle that a lot of
31:55
Speaker 1: people don't realize we do additional podcasts over there that
31:58
Speaker 1: we only drop out via email that gets delivered out
32:01
Speaker 1: when those go live. So that's how you can get
32:04
Speaker 1: additional content, research all that good stuff. Follow me on
32:07
Speaker 1: x at Paul Baron. We'll catch you next time right
32:09
Speaker 1: here on tech Bath