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KDA Price:
$5.4 M
All Time High:
Market Cap:
$0.3 B

Circulating Supply:
Total Supply:
Max Supply:


The price of #KDA today is $1.40 USD.

The lowest KDA price for this period was $0, the highest was $1.40, and the current live price for one KDA coin is $1.40083.

The all-time high KDA coin price was $27.73.

Use our custom price calculator to see the hypothetical price of KDA with market cap of BTC or other crypto coins.


The code for Kadena is #KDA.

Kadena is 2.1 years old.


The current market capitalization for Kadena is $277,429,723.

Kadena is ranked #118 out of all coins, by market cap (and other factors).


There is a big volume of trading today on #KDA.

Today's 24-hour trading volume across all exchanges for Kadena is $5,364,519.


The circulating supply of KDA is 198,047,245 coins, which is 20% of the maximum coin supply.


KDA is available on several crypto currency exchanges.

View #KDA trading pairs and crypto exchanges that currently support #KDA purchase.



Scott Barker

Kadena Eco Welcomes New Strategic Advisor - We are excited to announce that Scott Barker, partner and co-founder of GTMfund, has recently been inaugurated to the Kadena family as one of Kadena’s new Strategic Advisor. Scott brings with him a diverse background in sales advisory, go-to-marketing strategies, and a wealth of experience in building relationships to support Kadena’s rapid hypergrowth and mass adoption plans. Today, we’ll be engaging in an insightful Q&A with Scott regarding his past and present experiences, his thoughts and strategies on driving adoption to the Kadena ecosystem, and what assets and value he will be bringing to the table for Kadena. — Can you describe your past experiences and accomplishments that led you to become who you are today?. — After trying my hands at entrepreneurship, I’ve spent the majority of my professional life as a go-to-market operator in B2B SaaS. I started in fintech, moved to the digital asset management space before jumping into a media company, a start-up called Sales Hacker. In all my roles I’ve been tasked with generating the GTM (go-to-market) strategy and executing that strategy to increase revenue, pipeline and partnerships. At Sales Hacker, we built the largest community for B2B revenue professionals in the world. We built a community of 165,000 B2B sales and marketing professionals that would come to us for advice on how to generate more revenue using modern best practices and new technology. We were able to host large scale conferences in SF, London and New York before doubling down on our digital network of blogs, webinars, podcasts and community platform. We partnered with some of the fastest growing SaaS companies on the planet like Salesforce, Adobe, Hubspot before ultimately getting acquired in 2018 by Outreach, the leader in the Sales Execution category. I spent the last four years helping Outreach scale their brand and revenue. In that time period, went from ~250 employees to ~1500 globally and became the undisputed leader in the space. Along the way I was able to build a network of CROs, CMOs, and VPs of Sales/Marketing/Success at some of the largest technology companies on the planet and join the advisory boards for a handful of incredible companies like, Pavilion, Esellas, Replayz, Ultrarev and now…Kadena Eco. — Can you tell us a bit more about GTMfund?. — In January of 2021, I leveraged that network to co-found a venture capital fund along with my partner, Max Altschuler, called GTMfund. GTMfund is made up 250 tech executives who have been there, done that from zero to IPO. We invest in early stage technology companies and use our combined GTM knowledge to help them scale. I started to be aware of (what is now known as) Web3 back in 2017. I began buying various tokens which led me deeper and deeper down the rabbit hole each year. The tokens were an interesting way to create wealth but it was the underlying blockchain technology that really started to excite me — this was the future. — What are your philosophy and life goals?. — Ultimately my philosophy and goal is pretty simple: “I want to spend my life solving interesting problems with interesting people, and along the way I’d like to help as many people as I can.” It’s a simple ambition but to me, that’s how the flywheel of change moves forward. Community and creativity have been the tools that have allowed me to create change. — How were you made aware of and what attracted you to Kadena?. — Kadena was put on my radar through Joel Woodman, a friend of mine who now sits on their Business Development team. Having learnt about some of the scale challenges with existing blockchain projects, it immediately piqued my interest. It was one of those rare Web3 projects that actually got more exciting the more layers you peeled back. Their focus on scalability, enterprise grade infrastructure paired with their own smart contract language seemed like the only way to get mass adoption. Plus the founders built JP Morgan’s first blockchain and led the SEC’s Crypto Committee? It was time to pay attention. That ultimately led to a conversation with Francesco Melpignano, CEO of Kadena Eco which sealed the deal for me wanting to get involved in Kadena Eco. It’s rare to find both world-class technology and a world-class team backing it all up. — What do you enjoy about being a Strategic Advisor?. — One of the things that energizes me most about joining as an Advisor is being able to act as a bridge between two worlds that are still operating fairly separately: Web2 and Web3. There seems to be this interesting view from many companies building in Web3 that they have to do everything differently. They want to start from scratch particularly when it comes to go-to-market strategy. But from my vantage point, many of the scale lessons that traditional software companies have learned the hard way over the last decade are still very relevant. And over time, much of the talent, builders and operators needed to change the world will come from Saas companies. — What is your goal as a Strategic Advisor to Kadena?. — My goal is to help bridge those worlds and bring some of the brightest, proven minds into the Kadena ecosystem. Here is what Kadenians can expect from my involvement: Assist in designing Go-To-Market strategy for both the business and marketing team, Talent acquisition inbounds for Kadena and ecosystem companies, Network introductions from Web2 space, Institutional fundraising introductions for Kadena Eco, Introduce builders and entrepreneurs to Kadena, Mentor key team members, Helping to build and promote Kadena’s brand, As stated before, my goal is to spend my life solving interesting problems with interesting people and help as many people along the way as I can. Kadena is looking to solve one of the most interesting challenges of our time and the team they have recruited is the most interesting in the Web3 space. Kadena Eco will give builders the tools to turn ideas and ambitions into reality which will help an incredible amount of people. I am proud to be a Kadenian. — How can our community keep in touch with you?. — Connect with me on LinkedIn or Twitter and say hello. Let’s go change the world and build some cool sh*t together. — ABOUT KADENA ECO - Kadena Eco is an innovation network fueling mainstream adoption of Web3, DeFi and NFTs. We unite technical founders and entrepreneurs with the world’s top blockchain leaders, venture capitalists and acceleration partners to support startups at every phase of their development journey. By leveraging Kadena’s builder-centric blockchain that delivers Web3 innovation with Web2 usability, Kadena Eco aims to speed the development and adoption of meaningful applications that benefit everyday people, worldwide.

Project Spotlight: Unmarshal

Kadena Eco’s Project Spotlight: Illuminating Kadena builders bringing blockchain to the mainstream Welcome to Kadena Eco’s Project Spotlight Series, where we highlight the groundbreaking work of organizations currently building on Kadena! Today, we’re shining the spotlight on Unmarshal, who is providing multi-chain data infrastructure on Kadena and offering simplified access to DeFi, NFT, and Metaverse data. Unmarshal’s data indexing protocol will allow builders to seamlessly access on-chain data for DeFi applications! We recently spoke with Manohar K, founder of Unmarshal , about Unmarshal’s plans and progress to provide for builders looking to access valuable multi-chain data for their DeFi applications. — 1. How do you explain Unmarshal in simple terms? Give us your elevator pitch.. — Unmarshal is a Multi-chain Web 3.0 data infrastructure layer aiming to deliver granular, reliable & real-time data to dApps, DeFi protocols, NFTs, Metaverse and GameFi solutions. We provide the easiest way to query Blockchain data from multi-chains. Our proprietary data indexers and transforming tools power any Web 3.0 application on any chain with latent view of transformed on-chain data. — 2. Share with us your background on how you got started in this space.. — Before I founded Unmarshal, I worked as a backend engineer solving data problems of giant companies like Go-jek and Grab. After accruing more than 7+ years of experience, I transitioned to working as a consultant for one of the renowned DeFi aggregator projects solving their inherent data problems. I later realized that none of the existing web3 data providers could help me solve the challenges of obtaining efficient and reliable real-time data; I realized that there is a huge gap that exists that is indispensable. That’s when Unmarshal was born. I started Unmarshal with a vision to bring composability into the vibrant world of Web3 with sustainable growth. — 3. How was your experience indexing data on Kadena’s multi-chain blockchain? How does it compare with other networks?. — It was quite a unique and exciting challenge for our tech team to index twenty chains together and provide a unified data stream. We liked Kadena’s PACT language as it was simple and easy to use; it was designed to implement high-value business workflows on a blockchain. Unlike any other Layer1 chains, Kadena has 20 parallel running interlinked blockchains which increases scalability and interoperability. But, with the expertise of our experienced engineers working at Unmarshal, we created a wrapper to our indexer to tandemly index multiple chains on Kadena, providing a unified APIs that could streamline the data. — 4. What are some existing or potential applications on Kadena that can take advantage of Unmarshal’s indexing platform?. — Be it DeFi, NFT, Metaverse, P2E or Gaming, our data endpoints can support potentially any application that runs on top of Kadena. We would be happy to support any developers wanting to build on Kadena. It takes one one single sign-up on our unified console ( to register and start querying decoded on-chain data from Kadena. — 5. What attracted you to Kadena and support builders through Kadena Eco’s grants program?. — I believe that Kadena stands out in the industry due its priority on scalability and sustainability; it is clear to us that Kadena is focused on bringing blockchain technology to a wider audience. It is a potential blockchain that has the chance to alter the way the world interacts and transacts. We wanted to become part of the fastest growing Kadena ecosystem and found a chance through this Eco grants initiative. The Kadena Eco grants programme encourages builders to realize their dreams. I’m delighted that Unmarshal has been chosen as one of the potential grantees to assist other builders on Kadena. We would be delighted to lend our assistance to Kadena BUIDLers. — 6. What is one project you are currently working on that excites you the most?. — One of the projects on which we are working on currently is Hypercent, which is another Kadena Eco grantee The team is quite talented and lively. Both teams at Unmarshal and Hypercent get along extremely well, and we talk about a variety of technical topics on Kadena. We are assisting Hypercent in scaling their IDO platform. — 7. What can we expect from Unmarshal in the next 6 months? Where will you be in 3 years?. — We will be working closely with Kadena’s tech team over the next six months to strengthen our data APIs, making them faster, more efficient, and more reliable. We believe in collective growth, and we seek to have Unmarshal grow alongside the Kadena ecosystem. In the next three years, we hope to become one of the industry’s leading data providers, supporting the Kadena chain. — 8. What advice would you give to entrepreneurs looking to innovate in blockchain?. — Web3 is still in the nascent stage and has the potential to grow exponentially; Web3 will create a huge revolution from the centralized to the decentralized internet. My only advice to entrepreneurs exploring Web3 is to be tech-focused, and believing that what you are building is part of a significant and foundational block to the world of Web3. When the tech is right, the business runs by itself. Unmarshal has helped and continues to help thousands of aspiring entrepreneurs and web3 enthusiasts explore and build their dreams. You are welcome to join us in creating the next great technological revolution. We are always available to you. Many thanks to Manohar K for sharing his vision for the future of accessible multi-chain data for developers across all of Web3! Be sure to check out this space in the coming weeks for more Project Spotlights, as we’ll continue to profile innovative organizations that are currently building on Kadena with support from Kadena Eco, our innovation network that supports startups at every phase of their development journey. To keep updated on Unmarshal’s progress, follow us on social media: Twitter, Medium, Discord, Telegram, LinkedIn, Reddit, Be sure to check out this space in the coming weeks for more Project Spotlights. We’ll continue to profile innovative organizations currently building on Kadena with support from Kadena Eco, our innovation network that supports startups at every phase of their development journey. — ABOUT KADENA ECO - Kadena Eco is an innovation network fuelling mainstream adoption of Web3, DeFi and NFTs. We unite technical founders and entrepreneurs with the world’s top blockchain leaders, venture capitalists and acceleration partners to support startups at every phase of their development journey. By leveraging Kadena’s builder-centric blockchain that delivers Web3 innovation with Web2 usability, Kadena Eco aims to speed the development and adoption of meaningful applications that benefit everyday people, worldwide.

Anastasia Bez: Kadena’s New Chief Operations Officer

Anastasia Bez: Kadena’s New Chief Operating Officer - Kadena is extremely pleased to announce that Anastasia Bez has been promoted to Chief Operating Officer of Kadena. Anastasia was previously the Director of Operations and has been with Kadena since 2018. Before joining Kadena, Anastasia conducted research with the Center on National Security at Fordham Law School, where she also organized initiatives on geopolitics, cyber security, and foreign and domestic policy. While Director of Operations, Anastasia saw Kadena through a critical period as it made it past mainnet launch into the first phase of true adoption. She is part of the core Marmalade team, supporting Kadena’s innovative NFT standard, and is a recognized thought leader surrounding creator-focused initiatives in the NFT and web3 space. In regard to Anastasia’s promotion, Kadena’s CEO, Stuart Popejoy, states,“This is a huge step for the organization and for Anastasia as well, as the first officer-level internal promotion since Kadena was founded in 2016. Anastasia joined in 2018 as an administrative assistant, so this is beyond impressive — but it is also the right step for Kadena to scale and grow as she has well-demonstrated that she’s the leader to help us move forward.” In addition to taking on the COO role, Anastasia joins Kadena Eco’s Strategic Advisory Board, providing valuable operations experience and NFT creator focus to help Kadena Eco’s mission towards ecosystem hypergrowth and massive adoption. Anastasia states with respect to her new roles at Kadena,“Helping build and grow Kadena from an early stage, through mainnet, to present has been an incredibly rewarding experience and I am looking forward to scaling and pushing the project to the next level as COO.” The entire Kadena team is thrilled for Anastasia and is looking forward to the growth of Kadena with her expertise and leadership skills! — ABOUT KADENA ECO - Kadena Eco is an innovation network fueling mainstream adoption of Web3, DeFi and NFTs. We unite technical founders and entrepreneurs with the world’s top blockchain leaders, venture capitalists and acceleration partners to support startups at every phase of their development journey. By leveraging Kadena’s builder-centric blockchain that delivers Web3 innovation with Web2 usability, Kadena Eco aims to speed the development and adoption of meaningful applications that benefit everyday people, worldwide. Anastasia Bez: Kadena’s New Chief Operations Officer was originally published in Kadena on Medium, where people are continuing the conversation by highlighting and responding to this story.

Spotlight On: Eucalyptus Labs

Kadena Eco’s Project Spotlight: Illuminating Kadena builders bringing blockchain to the mainstream Today, we’re shining the spotlight on Eucalyptus Labs, a software development company focused on shipping products and adding support in two key areas, developer UX and infrastructure for the Kadena Ecosystem. We recently spoke with Koby Lazar, Eucalyptus Lab’s founder and CEO, about their project and how they’re working on improving Kadena’s ecosystem through their goals. — 1. How do you explain Eucalyptus Labs in simple terms? Give us your elevator pitch.. — Eucalyptus Labs is on a mission to increase mainstream adoption by helping users leverage the power of blockchain through education, consumer products, and backend industry services. The crypto tech behind Defi, NFTs, and ‘being your own bank’ are truly special, but it takes user education, technological innovation, and years of experience to make this tech feel human. That’s where we come in! We’re a highly specialized firm in making it easier to connect with the underlying tech of chains like Kadena, which means our team consists of developers, community specialists, dedicated crypto product designers, and many more industry professionals committed to increasing the adoption of crypto. — 2. Share with us your background on how you got started in this space.. — Many of the Eucalyptus team members have been working with each other since 2016, including myself. I’ve been in crypto since 2013 when dogecoin roped me in with flash memes, but I soon fell in love with an idea that presented new ways to consider a new form of power in economics, consensus protocols, and at its heart a new way to connect people around the world and break down huge past institutional barriers. Crypto OGs like my cofounders Leoussis and Molter had their start even further back, building tech on different protocols and working on open source projects in 2010. So we’re unshaken by market cycles and we’re staying closely knit as a team. — 3. Which infrastructure idea/project do you see the most potential for growth in the Kadena Ecosystem?. — We set out to answer three questions about Kadena when we got started. What is it? Where do you get some? And once you’ve got it, what can you do with it? Essentially, education, acquisition, and use case. In building and working with Kadena Eco to add support to developer docs management, we have already made strides in user education. In acquisition, we are leveraging deep industry connections with onramps, swap protocols, and traditional exchanges/swaps to not only support Kadena, but increase user resources and the tools to best acquire the new and exciting protocol. Finally, if you can’t store and use Kadena then why take part in the ecosystem? We believe that investment and value are important for any coin or token, but our true vision of decentralized system success is in users finding the most value to their holdings. That’s why we’re putting our years of experience in multicoin wallet development into creating a first-class ecosystem passport for the Kadena user base. — 4. What attracted you to Kadena and applying for a Grant with Kadena Eco?. — After meeting Stuart at Consensus in 2018, I was blown away by Kadena’s promises, so I sent the whitepaper to some mathematicians who have a far better understanding of graph theory and the real engineering behind Kadena. I was excited to meet with Will shortly after to hear his confidence in Kadena and its developments, clearly unshaken by vc-funded coins at the time and those only spending on marketing. We were excited by the announcement of Kadena Eco and it came at a great time, as other firms who had spent their funds on marketing or shiny stadiums started to shy from hiring, and the true builders emerged as they always will after a market cycle. We see an ecosystem backed by infinite scalability and size, unphased by drawdowns, and we’re excited to build during a crucial time in blockchain as the world continues its shift to a remote-global economy. — 5. What is one project or goal you are currently working on that excites you the most?. — We’re going to bring Kadena a true passport to its ecosystem. We’re putting users first and creating seamless blockchain interaction, user experience, and secure technology in the hands of users all around the world. We’re talking in future tense so we don’t ruin all the surprises, but let me just say that we hate waiting at Euc, and we won’t make users wait long either. In the meantime, we’re always keeping up to date with new projects, Pact, and Kadena job opportunities, as well as the latest on your favorite projects in the ecosystem. Be sure to stay updated on the latest Kadena news by subscribing to our weekly newsletter and following @KadenaEcosystem on Twitter. We have new AMAs every week keeping the community informed on what’s new and happening in the ecosystem! — 6. What can we expect from Eucalyptus Labs in the next 6 months? Where will you be in 3 years?. — In 6 months we will support a large user base because we will succeed in our goals of Kadena education, acquisition, and use cases. We are most excited to have already partnered with over 30 influential partners in the space, having the opportunity to first get the word out about their project, building hand in hand, and bringing real folks to their awesome tech. We expect that in 3 years, Eucalyptus will be noted as one of the most impactful partners of Kadena helping to lead the shift towards secure protocols, real decentralization, and mass adoption. — 7. What advice would you give to entrepreneurs looking to innovate in blockchain?. — Be agile and modular in a trend-driven market. Build on solid foundations and in partnership with those dedicated to those who are in the industry/game for the long runTreat everyone you meet with openness and kindness, read and explore whitepapers in-depth and always read about exposed scams/schemes to learn from the past so as to never repeat mistakes. Many thanks to Koby Lazar for sharing his vision to fuel the growth and support of the Kadena Ecosystem! Twitter: Eucalyptus Labs, Twitter: Kadena Project Network, Medium, Discord, Telegram, LinkedIn, Youtube, Be sure to check out this space in the coming weeks for more Project Spotlights. We’ll continue to profile innovative organizations currently building on Kadena with support from Kadena Eco, our innovation network that supports startups at every phase of their development journey. Spotlight On: Eucalyptus Labs was originally published in Kadena on Medium, where people are continuing the conversation by highlighting and responding to this story.

Spotlight On: Hypercent

Kadena Eco’s Project Spotlight: Illuminating Kadena builders bringing blockchain to the mainstream Welcome to Kadena Eco’s Project Spotlight Series, where we highlight the groundbreaking work of organizations currently building on Kadena! Today, we’re shining the spotlight on Hypercent, another community-based project that is driving user adoption by helping verified projects launch on Kadena through their innovative launchpad platform and their upcoming NFT marketplace built using Kadena’s NFT standard, Marmalade. By providing a fair and open way for newly founded projects to launch their IDO, they are accelerating the growth and success of the Kadena ecosystem. Along with their NFT marketplace, Hypercent will be helping develop the user and developer experience with Marmalade such that future builders and users can fully access the tools and functionality for NFTs that Kadena provides through Pact. We recently spoke with Andrei Popa, Hypercent’s Co-founder, about their launchpad and the vision for the future of the Kadena landscape. — 1. How do you explain Hypercent in simple terms? Give us your elevator pitch.. — Hypercent is a unique Launchpad on Kadena. Hypercent is also a code of value that started in our time as early Kadenians. Inspired by Kadena’s philosophy, we guarantee that these values will always be part of Kadena’s Ecosystem by making sure the projects we launch adhere to them as well. Our goal is to strike the perfect balance between launching fun projects that bring a new audience to Kadena’s Ecosystem and useful projects that create extra utility for the people already here. We do this by launching utility tokens and NFTs on our Launchpad, and soon, by offering a fun experience on our NFT marketplace. Scalability and innovation of the crypto user’s experience are our main priorities. Our platform offers an all-in-one experience, having the first web-injected wallet inside a Launchpad Platform offering native mobile web compatibility and an internal automated no-code launch protocol (for tokens and NFTs) that is ready to scale. — 2. Share with us your background on how you got started in this space.. — I joined the blockchain space in 2017 in the middle of the first ICO era as the marketing manager for an ICO in the wellbeing industry. As the well-being sector wasn’t something I enjoyed, I moved to a digital marketing project called Zoidcoin Network. I’ve worked there through the whole bear market and saw it pivot to Fintech and become ZoidPay. In between ZoidPay and Hypercent I’ve advised crypto projects on the marketing and tokenomics side. Alex Danalache (Co-Founder) and I met whilst he was the founder and UX designer of an Ethereum-based Launchpad that aimed to breach the line between tokens and legal ownership of funded projects in a gamified experience back in 2017 whilst I was working with Zoidpay as a CMO. I met Andrei Popa (CTO) at a blockchain event where Alex was also present with his project. Andrei was working as a CTO for SupplyBlockchain (now Tailpath), a platform that provides tracking for the delivery of assets around the globe. SBC also provided access control at NATO’s largest medical exercise in Europe/Romania and was promoted by the UK Embassy in Bucharest as a solution for tracking food and clothing donations. All our values have resonated profoundly with Kadena which we discovered almost two years ago and have been hooked on ever since. These are the same values that constitute our core vision regarding Hypercent today. — 3. How does Hypercent guarantee a safe and fair IDO launch?. — We interact with projects we like in very incipient phases to make sure they share the same values as the Kadena Ecosystem. We look into the founder's background, we analyze the idea to see if it makes sense business-wise and market-wise. We make sure they don’t raise more than they need but also that they don’t promise too much for the amount they are raising. All the projects we launch are KYCed by us and everyone signs a contract, so bad actors would have a lot to lose. Our token utility model is designed to create a strong middle class to avoid single ownership of power in the projects that we launch. Shortly put, very big players cannot buy a lot more than smaller players. Our aim is to create as many holders as possible rather than have the tokens that we launch in the hands of a few big players. More importantly, whenever we meet a new project we offer value straight away. If their proposal would be lacking we aim to improve their business model and help guide them to the Hypercent and Kadena standard of launching. — 4. Where do you think the potential in NFTs lies and where does Marmalade fit in?. — The explosive artistic landscape of NFTs is impressive and proves we can leverage crypto to solve unique problems. I think there is room to innovate in even more areas. I’d look at an NFT’s intrinsic “proof of ownership” and augment it with verifiable data and identity. Marmalade and Pact enable novel ways in which business logic could be coded into an NFT, making Kadena the right ecosystem to build the next generation of apps. Think of unlocking your electric car with your wallet that holds a special NFT, that you can also improve by adding more features to it, like Autopilot. In Marmalade, a developer would write a custom policy contract that implements the NFT’s logic. Finally, there is an initiative within the community to work directly with the Kadena team to build rich, robust policies that other projects in the ecosystem can build on top of. — 5. What attracted you to Kadena and apply for a Grant with Kadena Eco?. — The values of Kadena have always been centered on the product and the passion of the people that are building it. Kadena’s search for an ideal of quality has been very inspirational for us. It is something that has been romanticized in the early community of Kadena. As a result of this, Kadena’s marketing efforts have been secondary to the product that they are building, so this is where we felt that we fit in perfectly. There was a marketing gap inside the Kadena Ecosystem which we were able to fill and we also had a deep understanding of what Kadena stands for. Naturally, we wanted to be part of Kadena Eco’s grant program. — 6. What is one project you are currently working with that excites you the most?. — We have calls with a big number of projects. Some are very useful for the ecosystem, others bring a bit more fun to the table which is always welcome. We have a couple of big favorites but we can’t spoil the news just yet! — 7. What can we expect from Hypercent in the next 6 months? Where will you be in 3 years?. — In the next six months, we will get the most out of Hypercent 1.0, meaning improving everything we currently have on the launchpad and getting the NFT marketplace to its best version while constantly injecting new business in both of them. In the next year we will keep on business development efforts ranked up to the maximum, while in the background we will be working on launching the 2.0 version of our platform, and developer tools, alongside a mobile app with tons of cool new features. In three years down the line, we will have already been scalable and have a full stack solution across all platforms and devices and will be mainstream adoption ready. — 8. What advice would you give to entrepreneurs looking to innovate in blockchain?. — This space requires a lot of thought and depth to make sure you are sustainable in the future. Make sure that your community gets the best representation of your vision and never compromise on that. It might be attractive to catch the short-term waves of attention, but take some time to reflect on the future and slow down a bit to make sure that your vision can be correctly executed and planned for. You might find yourself in a unique and creative position to innovate. Many thanks to Andrei for sharing his vision for the future of the ever-growing Kadena ecosystem! Website —, Twitter —, Telegram —, Discord —, Be sure to check out this space in the coming weeks for more Project Spotlights, as we’ll continue to profile innovative organizations that are currently building on Kadena with support from Kadena Eco, our innovation network that supports startups at every phase of their development journey. Spotlight On: Hypercent was originally published in Kadena on Medium, where people are continuing the conversation by highlighting and responding to this story.

Kadena Eco & Core Telegram AMA, August 11, 2022 Transcript

Kadena Telegram AMA with the Kadena Eco and Core teams — Introduction - Jeffrey Ou: Welcome everyone, to the return of Kadena’s Telegram AMA! Compared to last year, we have a full suite of amazing team members joining us today for this special AMA session! Without further ado, I’ll let the team introduce themselves to the existing community members and anyone new tuning in! Stuart Popejoy: Hey y’all! great to be back with the original crew doing an AMA, looking forward to everyone’s questions! Emily Pillmore: Hi Everyone! glad to be here! Francesco Melpignano: Hi everyone! Great to be here for a live AMA and looking forward to everyone’s questions! Doug Beardsley: Hi everyone, I’m Doug, Kadena’s Director of Engineering. Lately, I’ve been focusing on growing the team and onboarding the phenomenal engineers who have recently joined. Will Martino: Jeff says we should intro ourselves! Hi I’m Will Martino, Co-Founder and President of Kadena. Before Kadena I was lead eng for Juno, JPM’s first blockchain and what became JPMCoin v0. Before that I was at the SEC as the lead eng for a quant group that was building forensic tools that are now deployed nationwide. When I was at the SEC I also was the founding tech lead of the SEC’s Crypto Working Group. My co-founder Stuart Popejoy and I met at JPM and founded Kadena to address the shortcomings we found when we tried to get the EVM/ETH to do more than simple tokens/debt at an industrial scale. This required substantial innovations in both smart contract and base layer technology, which we’ve spent the last 6 years shipping (gosh it’s been 6+ years). Emily Pillmore: I’ll intro too: Hi! I’m Emily Pillmore, Team Lead for Pact. Before, I was CTO of the Haskell Foundation, Advisor for SundaeSwap, Senior at Disney/ESPN/Bamtech, and hired gun CCAR auditor on Wall St. I’m a published math nerd, programming language buff, and I ride a motorcycle with cat ears on my helmet. Doug Beardsley: I’ve been in the software business for close to 19 years. Over that time I’ve worked in defense, security, finance, and in a few startups building frontend and backend web apps. I’ve been programming Haskell professionally for 12 years which is what led me to meet the Kadena team. Now I’m Kadena’s Director of Engineering and love working with the talented team of engineers we have. Stuart Popejoy: Hey everyone, Stuart here — I’m the CEO of Kadena and author of the Pact smart contract language. Before that, I built the blockchain team at JP Morgan, been in tech for 25 years, and trading tech for 15. Now I’m pumped to be working with the best technologists and product thinkers in blockchain: Kadena Core & Kadena Eco!! Francesco Melpignano: Intro as well, CEO of Kadena Eco and leading the ecosystem growth of Kadena through grants, investments, R&D, and incubation/acceleration. Lots of exciting stuff coming from our end in the coming months. Happy to leak some alpha here today Jeffrey Ou: Awesome, great to have the core team from Kadena Eco and Core joining in on this AMA! With the introductions out of the way, let’s jump into the pre-asked questions from Twitter, Telegram, Discord, and Reddit! — Community Pre-Asked Questions - Jeffrey Ou: The first question we have from the community is fromFrag (@Frag6534) on Telegram: “What is the status of these collaborations [such as Chainlink, API3, and USCF]?” Francesco Melpignano: After a very successful cohort set of grants going out, oracles will be a big focus for the next cohort. We are working with API3 and Chainlink to be on their integration pipelines, although they are focusing more heavily on EVM-based chains. There are many other companies we are also talking to at the moment to natively support Kadena oracles and also several other intermediate steps to give builders all the necessary infrastructure to build all possible use-cases on Kadena. With Kaddex coming to life with a successful launch, their price feed can work as an intermediary step for oracles We are also working closely with Kalend to help them figure out the most reasonable solution. We are drawing a lot of parallels from AAVE who also run their own internal oracle as a sanity check for the integrity of their data. Will Martino: My fav collab (sorta pet project) at the moment is Electron Labs. We’ve been wanting to do ZK on KDA for a while. About a year ago we started working on bridges and found the existing tech pretty for decentralized bridges pretty rickety… and in the intervening year, that opinion has been pretty validated. Then we got in touch with Electron, and I’m really digging their ZK bridge approach. The first step is to bring Electrons ZK onto testnet, which we’re aiming for October. After that, mainnet. This will support rollups/privacy. After that, we can dig into the decentralized bridging tech. Jeffrey Ou: Thanks for the updates. Speaking about grantee cohorts, this is a great segway to another community question for Kadena Eco’s CEO @fmelp.Hereby (@herebycm) on Telegram asked “What about the Kadena Green mining incentive?” Francesco Melpignano: Awesome question, thanks @herebycm. We are also focusing on decentralizing and providing more green mining to the Kadena network with the next cohort of grants. We have almost finalized a grant to a project that has already implemented the tech for a decentralized mining pool. We exposed that API to the community some time back and we are glad to see a company with great founders and serious backing turn it into a self-sustainable project. The project will empower our community to choose a pool that does not centralize hashpower and payouts. RE the green mining initiative, we are looking for companies and applications that can facilitate green initiatives and reward miners using actually renewable energies. Jeffrey Ou: Thanks for the sneak preview on the next cohort @fmelp! Doug Beardsley: While we’re talking about mining, I’ll just remind the Kadena mining community that spreading hash power around among the different pools always helps improve things in a variety of ways. Some new pools have come online recently. Definitely worth checking them out. Jeffrey Ou: Moving onto Marmalade, Kadena’s NFT standard.@cryptometcalfe on Twitter had asked: “It seems there’s a number of different approaches with Marmalade leading to potential NFT fragmentation. How do you plan to bring it all together into a unified standard to ensure interoperability through the ecosystem?” Stuart Popejoy: Great question! Kadena’s always been at the forefront of standards technology, but it’s nothing if the community is not involved every step of the way, and recently this has taken a step up with great community involvement surrounding things like managing and interoperating with NFT collections, wallet interactions, cross-chain, DIDs and other exciting topics. While you’re right there has been some fragmentation, I see this as a natural outcome of an open process/open-source code that only helps the final standard, as builders simply deploy with their own ideas and then coalesce around better ways to do things. The upcoming weeks will have some great new work coming on line in all of these areas and even v2 of some of the standards! Jeffrey Ou: Awesome to hear that we’re involving our community of builders in the decision-making with regards to the development of Marmalade! Speaking of community builders,MarcoMrm (@Marco_o_O) on Telegram asked: “When Pact with python-like syntax? Will Pact support other syntaxes?” Doug Beardsley: Oooh, been a while since we got this one… Emily Pillmore: Another good question! So we’ve been discussing this for the past few months and Jose has released some preliminary syntactic snippets to gauge interest in whether or not Pythonic syntax would be a good idea for Pact. Since we’re going all in on Pact Core over the next 6 months for improved performance, tooling, and community involvement, we decided that yes: pythonic syntax would be good to have and we’re going to follow through with it. However, it will not be the first syntax released for the new Pact, since it would require an ecosystem-wide migration effort in terms of docs, tutorials and tooling support to do it. So, we’ll be rolling out with the classic lisp-like syntax at first, and enlisting tons of your help in order to help us migrate. Jeffrey Ou: Thanks for the alpha on Pact’s roadmap @emilypi! Can’t wait for the new and improved Pact! Before we move onto more builder questions, we have a specific question for @wjmartino!R0nnybums on Reddit asked: “Did you have programming experience before you went to ‘Hacker School’ to learn Haskell? Seems quite an impressive jump to learn Haskell for 3 months before getting a job at JP Morgan as a Haskell dev then creating a blockchain in Haskell a year or so after that. Thanks!” Will Martino: Yeah… well I kinda burnt out at the SEC and needed a break. Hacker School (Recurse now) was/is a great way to fall back in love with programming, it’s like a writers retreat for programmers. Anyway, I had a blast and focused on actually learning Haskell which I’d wanted to do for years. Interesting side note, the _write you a scheme_ that I did when I was there was one of the first 2 languages to run on JPM Coin v0. I got really lucky in landing a gig at JPM and meeting @Stuart Popejoy after Hacker School and I guess the rest is history. Jeffrey Ou: Always great to hear more about your impressive background and Kadena’s founding! Going back to builder-related questions, this next question is very much in line with the discussion held during @mightybyte’s office hours (Wednesdays at 9 AM ET on Twitter).@cryptometcalfe on Twitter had asked: “I’d like to understand the roadmap to better interoperability between chains. Doug seems to be working on IntelliSend, is there any other infrastructural tools that will help retail users operate with less chain friction?” Doug Beardsley: The key piece of infrastructure that will reduce chain friction is what we call QuickSign, a signing API that allows multiple transactions to be signed in a single signing request to the wallet. That interface is simple and already defined. We are currently working on WalletConnect infrastructure which will allow this QuickSign API to be used in many more dAPPs and wallets. I dropped a teaser video of something I’ve been working on that I’m tentatively calling IntelliSend that shows how this kind of signing infrastructure can be used to make chains completely disappear. You can see it at: There are a couple of significant things about that video. First, the signing is being done by a web wallet (not a desktop wallet or browser extension). This is something that wasn’t possible before WalletConnect. Second, handling chains transparently opens up a whole new set of possibilities for optimization. A sophisticated transfer tool could automatically load balance across chains, choosing chains that are less congested and have lower gas fees. Huge possibilities for improvement here. Jeffrey Ou: Thanks for the update @mightybyte! After this [next] question, we’ll open the floor up for live questions so be sure to paste in your questions soon! In terms of accessibility, wallets are one of the most essential tools needed for interacting with the blockchain.@AlterVibeEgo on Twitter had asked: “Is it possible to integrate a hardware authentication device like a YubiKey onto Chainweaver or Chainweaver web?” Doug Beardsley: Yes. In fact, I happen to know that someone has already integrated a credit-card-sized hardware wallet and is actually using it to sign Kadena transactions. YubiKey I’m not 100% sure about. That will need more investigation. But the more general question of arbitrary hardware signing devices is a definite yes. Francesco Melpignano: There’s definitely been testing and exploration of several hardware wallet solutions and once again thanks for the question as this is another focus of the next cohort of grants. To support wallet infrastructure and extend the wallet ecosystem to hardware solutions and tools to make mobile dAPP interaction easy and seamless. For those that caught it, the Lago team a while back teased out signing a tx with an existing hardware wallet solution Doug Beardsley: Note that my IntelliSend teaser was intentionally vague. There’s more to come there. Jeffrey Ou: Sweet! Great to see progress with the hardware wallet and making it easier for users to access KDA and any other tokens on Kadena! — Live Community Questions - Jeffrey Ou: Great! Let’s open up the floor for community questions :)!Ra: What are possible catalysts this year? Doug Beardsley: I actually think the current crypto bear market is a great catalyst. I think the weak projects will get shaken out. While this will inevitably involve some short-term pain I think that this will ultimately be good for solid projects.k: Mr Metcalfe (@whippersnapperUK): Any news on Kuro updates to work alongside mainnet? It seems some projects are keen to use it? Emily Pillmore: While Kuro is a very capable L2, the reason we’re doing ZK rollups with Electron is so that we can provide a more modern optimistic rollup solution first, as we gauge what the workload is going to look like for Kuro.Charlie (@Charliesmith1): Any ideas for devs on key infrastructure that isn’t already being built that Kadena needs to bring widespread adoption? Francesco Melpignano: Infra is a big focus to give builders what they need to come to develop the next gens of dAPPs on Kadena. Now that a bridge is live, we are focusing on getting more tokens over (with and without tokensoft), oracles, node hosting solutions (think infura/alchemy), wallets that make Kadena chain and apps ready for mainstream users (beyond seed phrases and conventional wallets today), more example policies and documentation for Marmalade to power the next-gen of NFTs.hereby (@herebycm): What makes Kadena better than Ethereum for Zk rollups (referring to what Emily said in KDLounge)? Will Martino: The main thing is base-layer scaling + readable on-chain code, but that’s what makes KDA better for crypto development generally. If you don’t have a scalable base layer, you can’t handle adoption long term… as there’s no way to handle gas price increases. ZK helps via rollups, but still settling to mainnet costs a lot of gas on a normal single chain (or even DAG) chain. Add to that that the code that executes is the code that you write, and it’s just safer. That said, one cool benefit is that you can have parallel ZK kernels for the same token running on different chains, so a properly scalable ZK token becomes a reality.tesco value: Is there a minimum hash power or # of miners needed for XXX… Number of chains? If there were rolling blackouts around the world, how many miners would be needed to keep all chains producing blocks? Will Martino: No, there’s not. That’s the cool part of POW. Once the hashrate is sufficiently strong (which we already are) then the number of chains run vs hashrate are truly unrelated.G P Popejoy (@ALkaLineNumber9): Is there a plan for the next Kadena conference? Doug Beardsley: Yes, a Kadena conference is in the works. Not sure on timing yet but we definitely know that in-person events, meetups, hackathons, conferences, etc are things that we will want to do in the future. — Closing Remarks - Jeffrey Ou: Thanks for the questions everyone, going to mute the channel for closing remarks! As we wrap up today’s AMA session, I just wanted to go around the room and ask what each team member is currently working on and the exciting project/roadmap item they’re most excited about! Will Martino: I already talked about mine… making scalable ZK a reality! Emily Pillmore: Thanks everybody! I’m most excited about delivering Pact Core in the next 6 months and I’m hyped AF that it’s going to be reality. 2 years from inception to release!!! WAGMI. Francesco Melpignano: Thanks everyone! Can’t wait to reveal the next cohort of grants and the progress of the previous cohort that’s already shipping fundamental infra for Kadena and all the builders coming our way. Stuart Popejoy: Between work on refining Marmalade standards, the great work Emily and the pact team are doing, and the incredible cohorts coming out of Kadena Eco, 2022 is heading toward an exciting Q4 with incredible projects and builders coming on line and new technologies hitting the ground! Kadena is the future of digital value and we’re not slowing down. Stay tuned and keep building! This community is the best and we couldn’t be prouder to be part of making blockchain work for everybody! Doug Beardsley: I’m most excited about this in-progress WalletConnect infrastructure because it will totally change the game with respect to how people think about wallets. Features that used to be considered wallets will be able to be moved to dAPPs. I think we’ve only started to scratch the surface of the possibilities. Jeffrey Ou: Thanks for the update!! And thank YOU to the community for the awesome questions!! That concludes the first Kadena Telegram AMA for this year. If you are interested in reading the AMA directly from Telegram, join our Telegram and view the discussion starting here. To get the latest announcements about Kadena’s progress follow us on Twitter, Discord, Reddit, LinkedIn, and YouTube. Kadena Eco & Core Telegram AMA, August 11, 2022 Transcript was originally published in Kadena on Medium, where people are continuing the conversation by highlighting and responding to this story.

Spotlight On: Crankk

Kadena Eco’s Project Spotlight: Illuminating Kadena builders bringing blockchain to the mainstream Welcome to Kadena Eco’s Project Spotlight Series, where we highlight the groundbreaking work of organizations currently building on Kadena! Today, we’re shining the spotlight on Crankk, A community-founded project that has developed distributed wireless networks that provide coverage for IoT devices such as smart meters and GPS trackers. Using Kadena’s low gas fees and its secure and high throughput Proof-of-Work network, Crankk plans to build a community network for LoRaWan coverage with better transparency and with checks running through Pact. We recently spoke with Peter Varga,’s founder, about his recently created Proof-of-Coverage network that he plans to build along with his open source hardware and software. — 1. How do you explain Crankk in simple terms? Give us your elevator pitch.. — Crankk is a resource-sharing IoT network. Miners operate IoT gateways earning Crankk tokens for providing LoRaWAN coverage. The network will have external customers paying a fee for that coverage. Network earnings get distributed among gateway operators. — 2. Share with us your background on how you got started in this space.. — I come from a large scale enterprise business applications background as well as a business and consumer-facing IoT background. First built a Paypal merchant services type of application on Ethereum but high gas fees and other distractions turned me away quickly. My first Kadena experience was buying a home miner and operating it roughly 2 years ago. Then checked out Kadena’s background and smart contract language and made the decision to continue developing on Kadena. — 3. How does Crankk plan to innovate on the Proof-of-Coverage network ideas compared to other companies like Helium Network?. — In my mind, it’s a long game. The decision to build on Kadena was probably one of the crucial ones. This sets us up with a strong technical basis and a strong community to build on. It also implies a lot more open architecture. Everything needs to be independently verifiable to earn and maintain the trust of the community as well as customers. We have a lot of ideas on how to build a distributed resource-sharing network. Working on the sales side and making sure that the network starts earning revenue from the very beginning is important. So is staying open and welcoming new technologies onto the network when it makes sense. — 4. What attracted you to Kadena and to apply for a Grant with Kadena Eco?. — For me, it was the fact that Kadena has a proper database behind it. It provided enough motivation to learn Pact as well. Seeing the community develop and mature around it with multiple diverse projects getting started is also a great benefit in a very practical sense. Applying for a Kadena Grant meant to hope to obtain the support of Kadena itself and earn the right to be a respectable member project of the ecosystem. — 5. What can we expect from Crankk in the next 6 months? Where will you be in 3 years?. — In the next 6 months, we’d like to gradually expand our device offerings and work with manufacturers to offload some of the work and concentrate on our core competency. In 3 years, we’d like us to have grown into an IoT network with global coverage and an increasing set of exciting features — 6. What advice would you give to entrepreneurs looking to innovate in blockchain?. — Follow your heart and build something you’re passionate about. Ask yourself about the value blockchain technology brings to the table. Try to make it as distributed and non-custodial as possible to maximize the value brought on by the blockchain. Many thanks to Crankk for sharing their vision for building an exciting piece of infrastructure on Kadena! Be sure to follow them on their socials:Twitter — — — Stay tuned in the coming weeks for more Project Spotlights, as we’ll continue to profile innovative organizations that are currently building on Kadena with support from Kadena Eco, our innovation network that supports startups at every phase of their development journey. Spotlight On: Crankk was originally published in Kadena on Medium, where people are continuing the conversation by highlighting and responding to this story.

Introducing Kadena Eco’s Inaugural Grant Cohort

By Dan Wiggins, Head of Gaming, Kadena Eco In April, Kadena Eco announced its grants program, spurring countless conversations with founders with big ideas for building on Kadena. Our team was blown away and at times overwhelmed by the volume and quality of applications over the past few months. We’re now ready to share our first cohort of grant recipients — and more on why we selected the grantees that we did. But first, a quick reminder of the objectives we had in mind when we kicked off the grant program;Support early-stage, Kadena-based projects by providing product and technical feedback as well as providing monetary and marketing supportAlign incentives with new builders, foster collaboration and knowledge sharing between teams, and help projects grow within the broader ecosystem Given the interest in grants programs for new projects and those possibly migrating from other blockchain partners, we’ve discovered that there’s no shortage of interest in Kadena. At Kadena and Kadena Eco, we’re focused on building and supporting blockchain innovations that offer long-term applicability and durability. We sought founders who are similarly committed to iterating their dApps, tools, and infrastructure projects over long-term time horizons. Ultimately, we signed agreements with nine projects. These projects caught our attention because they’re united in their long-term approach to building, integrity, and technical expertise. We also considered many factors before deciding on each grant, such as a team’s overall commitment — was it just an idea, or were they already writing PACT and participating in Discord? We also looked at how much sweat equity and other resources each team has invested into its project. We wanted to know: who’s in this for real? As grant proposals streamed in from the community, our team at Kadena Eco jumped headfirst into analyzing their plans, deliberating projects, and getting to know founders. We’re thrilled to share with you our inaugural class of grant recipients consisting of projects focused on infrastructure, NFTs, and developer tools and education. It’s time. Without further ado, please meet our newest collaborators!InfrastructureLago Finance — provider of foundational DeFi infrastructure, including a bridge to Ethereum to facilitate liquidity inflow to Kadena as well as a Kadena-native stablecoin.Kalend Finance — Decentralized lending/borrowing protocol with algorithmically-set interest rates based on supply and demand. Users exchange the time value of assets on Kadena frictionlessly with instant liquidation and insurance pools.Electron Labs — Zero-knowledge (ZK) technology company focused on bringing horizontal scaling and on-chain privacy, two key blockchain infrastructure components.Unmarshal — Multi-chain data infrastructure offering simplified access to DeFi, NFT, and Metaverse data, with built-in composability and sustainability. Unmarshal’s data indexing protocol facilitates seamless access to on-chain data for DeFi applications.Crankk — Builder of distributed wireless networks that provides coverage for IoT devices such as smart meters and GPS trackers.Developer Tools & EducationHypercent — a fair launch IDO platform, NFT Launchpad and NFT MarketplaceKDlaunch & KDSwap — a decentralized IDO (initial DEX offering) platform, launchpad, DEX, and NFT Marketplace.Eucalyptus Labs — a Kadena software developer focused on shipping products and adding support in two key areas, developer UX and infrastructureUtility NFTsThe Database of Native Assets (DNA) — a token-based bridge between the physical and digital worlds. Creators mint branded DNA tokens that prove a product’s provenance and authenticity, reducing counterfeiting risk. The Kadena Eco team could not be more delighted to work with such diverse talent. Congratulations to all and thank you to all the applicants!Searching for Kadena Eco’s Second Grant Program Cohort We’re already searching for Kadena Eco’s second grant cohort. Will it include you? For now, Kadena Eco will remain patient and continue to select key infrastructure projects for our second cohort. Web3 is more robust than ever, as it currently boasts more talent, innovation, tools, adoption, and capital than we’ve ever seen in the history of this space. At Kadena Eco, we’re on the lookout for experienced founders and technical leaders working on long-term projects with a roadmap and business plan. Take a look at our grant program today to learn more and see if a Kadena Eco Grant is right for you. Find us: Apply online using our Typeform Reach out: Introducing Kadena Eco’s Inaugural Grant Cohort was originally published in Kadena on Medium, where people are continuing the conversation by highlighting and responding to this story.

Kadena Eco Office Hours Transcript

Kadena Eco Office Hours Transcript, July 15th 2022 If you are interested in specific sections, you can select the following options:IntroductionUpdates on Kadena EcoCommunity QuestionsLive Community QuestionsIntroduction Jeffrey Ou: Hey everyone. Welcome to Kadena Eco’s first Office Hours. We’ve heard the community and wanted to give everyone an update about Kadena Eco’s inception earlier this year. These spaces will kind of provide the community with a chance to ask any questions they want about what Kadena Eco has been doing in terms of grants, hiring, and developer improving the developer experience like Kadena.js. Joining us today is myself, Jeff as the community lead, Tyler Benster, Joel Woodman, and Jacquin Mininger from the team. And so I’ll let them introduce themselves now. Tyler Benster: Hey folks. My name is Tyler Benster and I’m the tech adoption lead here at Kadena Eco, and really stoked to have our inaugural office hours here. Something we’ll hope to do a few times and thanks in advance to the community for all the great questions that you’ve asked, and we’ll also get some live ones at the end. So I’ll let Joel and Jakequin introduce themselves briefly and am really excited to get into it. Joel Woodman: Hey, Tyler, what’s up, everybody. Super happy to be here. My name is Joel. I am from Vancouver, Canada, and I’m part of the BD in partnerships team at Kadena and Kadena Eco. I’m excited to be here and share with you guys some exciting updates and hopefully drop some alpha for you on what’s to come. Jacquin Mininger: Hey guys, I’m Jacquin. I’m an engineer at Kadena Core where I work on wallets, developer tooling, and developer experience. Before Kadena, I worked for a Haskell consulting firm where I worked on a variety of Web3 and Web2 projects, which is actually how I met Doug Beardsley. We were geeking out at a Haskell meetup that he had organized. So I’m looking forward to talking about various Kadena Eco projects that we have cooking.Updates on Kadena Eco Jeffrey Ou: Awesome. To kick it off, you know I just wanted to ask the people who are just joining or are new to Kadena: “What is Kadena Eco, and, you know, how does it differentiate itself from Kadena?” Tyler Benster: Kadena Eco is an initiative that we launched earlier this year and it’s everything about the ecosystem. Our sole mandate is to support, accelerate, nurture, and do everything we can to help builders on Kadena create the biggest, most badass most successful projects possible. In order to do that, we have a few different arms and efforts that are underway. One of the more prominent ones that imagine most folks in this call have heard of is we’ve announced our hundred million dollar grants program which is well underway. I have a few updates on that front in particular as there’s been a lot of community questions around: “what types and why projects are being selected for grants? How are announcements going out about grants?” Et cetera, et cetera. First of all, we’ve had way more applicants than anticipated. We’ve had literally hundreds and hundreds of people apply. A majority of applications have a really high quality. We are absolutely swamped and overwhelmed with applicants, which is a good problem to have. But you are in the audience and you’ve applied for a grant and you haven’t heard back from us yet. Please know that you are still under consideration. Just a couple of updates on how the process is going so far. We have about six or seven grants that have gone out or are being inked and we expect to announce the first cohort of grants sometime in the next couple of weeks. We expect it’ll be six or seven or maybe a couple more if we can get them across the finish line in the next week or two. Most of these initial cohorts of grants are focused on infrastructure. So, our core focus for the first cohort has been on helping flesh out the core infrastructure for Kadena that is going to allow for a really vibrant blockchain ecosystem. While we’ve been setting up these processes on grants. We’ve been hyper due diligence. We’ve been going through fairly extensive conversations with each project, technical due diligence, KYC, looking intensely at developer roadmaps, and iterating on milestones that would be hit as part of a grant. We’ve been very considerate and careful to try and make sure that the first cohort of grants really knocks it out of the park and shows the community that this grants program is going to help bring Kadena and the Kadena ecosystem to the next level. So, this first cohort is focused on infrastructure. Soon after this first cohort is announced we’re going to be switching our focus all onto the second cohort that will be coming soon. And so if you haven’t been having in-depth conversations with us yet on the grants program that means that we’re probably looking at your application regards to the second cohort. We’re going to take these learnings and these new processes that we’ve developed for this first cohort, and we’ll hopefully be able to get through the second cohort a little bit faster. We’re really, really excited about all the momentum that I think this is going to bring. Yes, you can expect some big announcements about this first cohort of grants in the next couple of weeks. You’re going to see a lot of grants given out to companies that are developing infrastructure. Then the second cohort will start expanding that focus area outward to many of the other amazing aspects of projects that people are working on. Now, the second thing I want to tease out a little bit is in addition to this grants program, we’re starting to spin up an arm to actually execute investments into projects and companies that are building on Kadena. These will be sizable investments in companies that are either kind of at an IDO or post-IDO stage or a venture stage. The idea being that we would be one among several other parties that might be making an investment into a team that might be gearing up for a large seed round or a series A that sort of thing. I think a typical story around a project coming through kind of some of the Kadena Eco of arms would be perhaps a company or a project starts off applying for a grant, gets a small grant. If that gets them to kind of proof of concept, some kind of MVP maybe gets some across the line to deploying some stuff on the blockchain and starting to build a community. At that point, perhaps they’re ready to raise a bit more money and build out the team and start really accelerating, catalyzing that growth. And that might be an appropriate time for an investment. We expect to make more grants than we do investments. But I think that’ll be exciting as we start to spin up that process. So just wanted, to tease that out a little bit and that’s it for me. I’m going to queue up Joel now to talk about hiring advisors and more. Joel Woodman: Thanks, Tyler. I think one of the things I’m super pumped about is how much hiring we’re doing right now. If you guys head over to, you can see all of our JDs that we’ve put out. There are probably a few more to come as well. There’s a good chance we’re going to double our BD team by the end of the year which is very exciting. That’ll obviously help us move quicker through grants and a whole slew of things as well. We have some really exciting advisors that are coming on board as well. To tease one of them, he’s a good friend of mine and a business mentor as well. He was part of building one of the largest SaaS sales media companies globally. He now sits on part of the leadership team of the company that I ended up acquiring that business. He also manages a rather unique VC fund from a traditional VC fund. He and his partner are actually operators, so they’re not traditional finance guys. And they leverage their existing network in the SaaS Web2 world to garner investment from the likes of some of the top executives at some household-named companies like Slack DocuSign, Zoom, and Salesforce to name a few. He’s bringing in a pretty elite Rolodex of connections. Tyler and I are speaking with one of his connections after this with, I won’t name names, but with a company that you definitely all would be familiar with. Super excited about that and that’s just one of a handful of advisors that we’re super pumped on. A couple ofother things I wanted to touch on that are definitely coming down the pipe is Oracle solutions. We’re circling with some big players in this space. I have a meeting tonight, which is actually in person, which is always nice in this day and age. To talk to a group. We’re circling with another large group on Monday. Know that some Oracle solutions are coming to Kadena very, very soon. And also, zero-knowledge. I think this has been teased in some of the developer chats on Discord if I’m not mistaken, but we should be making some announcements in the coming weeks about bringing zero-knowledge to Kadena which is super exciting. The last thing I want to touch on, I’m going to let Jacquin take over on this, but we put out a medium blog from Randy talking about overhauling the dev UX with Kadena Eco, and obviously, that’s going to make things awesome. We’re super pumped about it. We’ve got the community involved as well in that. A lot of exciting things happening. I’ll let Jacquin take it from there. Jacquin Mininger: That zero knowledge stuff will definitely be super awesome for the ecosystem. As you said yesterday, we announced the launch of Kadena.js, which represents a new one-stop shop for front-end development on Pact or for using Pact on Chainweb. It’s the first step in building a comprehensive suite of tools for developers at the moment. The alpha represents just a port of the current pact-lang-API, which will be sunsetting in the future from JavaScript to type script. We’ve listened to feedback from the community, and we plan to make much better abstractions and build to top this current foundation for dealing with the blockchain and other components of the ecosystem such as Chainweb data and the Chainweb node itself. Kadena Eco is going to be stewarding this development along with the help of some community members and community teams who have committed to pitching in with developments. That’s awesome. Check out the medium article if you haven’t already. So, I think with that being said, Jeff, you have some questions for us.Community Questions — (@Mr. Metcalfe on Twitter): “How many grant applications have you received accepted so far?”. — Tyler Benster: As I said, in my intro we’ve accepted six or seven grant applications. There’s a couple more, there’s another two or three that are kind of being, being worked through some of the contracts. We expect the first cohort of grants that’ll be at least six or seven projects that are announced. There might be a couple more as well. And that said for the second cohort there have been some rejection notices sent out. We do anticipate that there are still well over a hundred applications that are still pending that we’re working through to review. If you have not heard from us yet with your grant, please sit tight. We are going to review every application thoroughly and appreciate your patience with that. — (@Blabee on Twitter): “Who ultimately decides which projects receive grants and technical expertise from Kadena Eco?”. — Joel Woodman: I can take that one. It’s a team effort and what we’re looking for in these projects is obviously does the team have existing experience working with blockchain? Is that an existing dev team? What’s the caliber of the team? Does the project fit what Kadena needs right now? Right now we’re focused primarily on key infrastructure. As far as who has the final say we have kind of a committee here and it goes through that as a proper channel. If it’s me or Dan from our team or Tyler that has the initial reach out and, and discussion with the grantee, we move them through the pipe. Ultimately, at the end of the day, we present it to the team and there’s kind of a vote on it. The important thing to know too is if we’re going to reject a grantee, that’s not like a no, never. It’s often like we are excited to see them build and come back and we just want to see them improve upon the application itself. I hope that answers that question. — (@Kadeniak on Twitter): Where does the hundred million Eco fund come from?. — Tyler Benster: That’s a good question. So like most crypto projects Kadena funds, ecosystem initiatives using the platform share of tokens. That means that our job at Kadena Eco is to ensure that the grants program is net accretive to the value of the ecosystem. This is why Kadena Eco employs folks like myself and others that have a strong venture capital or business development background. While Kadena Eco does not receive equity or tokens in exchange for the grants, we absolutely are thinking about these grants in terms of return on investment. That’s because we take this role of stewards for Kadena Eco very seriously. This is why we have rigorous processes in place around KYC, around due diligence in terms of having conversations with founders and doing these technical assessments of projects. Our key focus is to make sure that the grant program drives value to all stakeholders of the ecosystem. That’s projects, that’s builders and KDA bag holders alike. — (@DonsofDons on Twitter): “Kadena needs a simpler UI and UX for mass adoption. Is there anything that we can comment on that?”. — Jacquin Mininger: Absolutely. I don’t know if anyone saw, but I think a week or two ago, our director of engineering Doug Beardsley dropped a sneak peek, a teaser with, I don’t think he commented on what it was of our new wallet sort of dApp called Intellisend. What it does is it prevents the user from having to think about the different chains. So it loads balances, all transactions across all the chains. You don’t have to think about the chains. It also is set up so that it allows you to send multiple transactions across the network at the same time and sign multiple transactions at the same time and prevents a very nice sleek interface for interacting across Kadena’s currently 20 chains but in the future, that’ll be who knows of possibly a thousand, 10,000 chains. — (@Altbranch on Twitter): “Can you please explain how Kadena Eco qualifies and evaluate projects to grant them namespaces?”. — Jacquin Mininger: At the moment Kadena is in charge of giving name spaces out to community projects. In the next month or basically the next pact release, we have a solution that will allow anyone to launch their own hashed namespace, a hash of the keyset. This circumvents some of the minor security things that people were concerned about. In the more near term, we have a couple of different projects committed to basically being stewards of certain contract appointments. Basically what this will end up looking like is a couple of different projects that we’ve communicated with we will give them the community namespace or something of that sort. They will deploy contracts and the project will apply through them to lighten the load and make this a bit more of a decentralized process at the moment. Jeffrey Ou: Yeah, definitely. It’s important to scale up our efforts in order to allow more community projects and projects in general in the Kadena ecosystem to access namespaces. Tyler, do you have anything to add to that? Tyler Benster: I think that broadly speaking with namespaces, it’s an interesting challenge, right? With a multi-blockchain architecture. On the one hand, there’s this element of wanting the system to be completely decentralized and that is the most trustless form and that implementation requires you to have some way of ensuring that the actual code matches the namespace. Something like a hashing-based mechanism or something that’s relatively hard to forge and act maliciously and preempt. If someone submits a smart contract to one blockchain, you have to be able to sort of avoid a scenario where someone submits a malicious contract to the blockchain to chain three, or chain four or tries to front run it. That’s a difficult problem and it can be solved with hashing-based mechanisms, but that doesn’t have the pretty names that many of us like, just in terms of being able to take advantage of how human-readable Pact is. For more human-readable name spaces as Jacquin was talking about this is where a centralized solution seems to make the most sense for the time being. I think this process of saying, look right now, this centralized solution is mostly going through Kadena, and let’s start to have key community leaders run this process instead. Here’s a step in the right direction towards empowering the community. I think we’re, you know, pursuing multiple solutions to the namespace problem. We know it’s important and it’s also the new territory where we’re innovating here at the forefront of how to solve some of these problems in a multi-blockchain architecture. Jeffrey Ou: Great! Speaking of community, I know since this is the office hours, we need community questions, and we can’t just ask pre-asked community questions and allow live questions from the community! Speaking of human-readable or just human in general, who has a better foosball shot Tyler or Joel? Joel Woodman: Hundred percent me. Tyler Benster: Oh man, Joel, I’m going to take you on in Chicago. Jacquin Mininger: Are you forgetting that I destroyed you the last time we saw each other? Joel Woodman: None of you have seen me play foosball and you won’t want after you do. Tyler Benster: Yeah. I’ll tell you. I had a foosball table growing up and my friends no longer play with me. So that’s a warning to Joel. Joel Woodman: Amazing. I can’t wait. — (@KadenaUK on Twitter): “When is ledger going to support KDA?”. — Jacquin Mininger: Yep. We’ve put a good amount of time working into this. It’s quite challenging given Pact’s sort of structure and fitting that on the very tiny memory-constrained device, like the ledger, but we’ve settled on a model finally that will allow people to see arbitrary capabilities and sign those capabilities, which means you’ll be able to sign. Not just transfers, but swaps as well, and maybe Marmalade transactions. So we’re working on finishing that up and then when that’s ready, we’ll submit it to ledger and that process could take a month or two. And we’ll let you know when we do.Live Community Questions Jeffrey Ou: Great. Awesome. Md Asif has been waiting a while to speak, so I’ll bring you up. — Md Asif: You just answered my one question and the second one is Why do people want to build on Kadena and not on other blockchains?. — Tyler Benster: I imagine your first question must have been about the foosball shot. So glad we got that sorted. But for your second question, I think the reason why people go on Kadena does vary from project to project, but there area few themes. One theme of the course is around scalability. So wanting to be able to build a project on a blockchain, especially as the project scales as transaction volume raises knowing that the underlying technology isn’t going to hold them back or force the project to, later on,adopt a layer two fewer gas fees or transaction to put in the network fails to scale. So that’s a key reason. Two, I think people are drawn to Pact and to making smart contracts that are safe and secure that eliminate an entire class of exploits in other projects. You’re building key infrastructure or projects in DeFi or even gaming projects. You don’t want to be exposed to a 600 million dollar hack. You don’t want to be exposed to some of these swaps in terms of what contract is ultimately the oracle that says a transaction can go through. You don’t want to be exposed to integer overflows, so you don’t want to be exposed to classes of exploits that can be solved by formal verification. I think these are all great reasons to use Pact. And then finally, I think that there’s also an acknowledgment for some projects that because Kadena as a layer one ecosystem has been absolutely exploding over the last six to nine months that there’s this unique opportunity right now to come in and start building and become a key player in this ecosystem. I expect that the people that are backing some of these initial projects and the initial builders themselves are going to reap the rewards of sort of being in at the ground floor of a key layer one ecosystem. And so I’m really excited to see what the next 12 months bring. I think there are huge technical advantages to building on Kadena both due to the underlying blockchain technology due to Pact due to proof of work and also due to the community and the ecosystem that we have here. It’s an amazing group of people that we’re very collaborative and I think that we’re all going to make it. Jeffrey Ou: Yes, sir. We are going to make it. I’m going to add you up as a speaker. Are you able to speak seems like you’re muted? Can you hear us? Joel Woodman: I think your microphone is muted there Kadefi? Oh, sorry. I got cut in the, in the middle and didn’t realize you guys are talking to me. Hi guys. We are We are a project building on Kadena. We aim to be the one-stop dashboard for everything Kadena-related. You can track your defi investments, staking NFTs, and something like a board and Debank of and much more than that. And coming and we’ve been building for a few months now and Pact was just lovely when we got into it, it’s just super easy and gets simple to get started with. And we’re really excited for Kadena.js. Enough about us, but our question is that we are really looking forward to applying for the grant. Mainly because we don’t really have any ideas or anything like that to raise money because we are a free platform. So the question is: — “For cohort two which you guys mentioned, what are the few things you’re looking for in a project to approve for a grant?”. — Tyler Benster: Right on well, first of all, thanks so much for building with us. We’re really happy to have you in the ecosystem and community. You know, I think Debank and other aggregators are really key infrastructure and so that’s really, really cool to see excited to see and follow your progress. In terms of the grant, you’re definitely like the type of project in that we look for. I think what it comes down to are a few things. First of all, we do care quite a bit about the dev roadmap. We care a lot about the team. We care about the grant itself, the proposed grants, and milestones. What is it that’s being developed? An issue that we have occasionally seen is, we have gotten some applications that are fairly copy-pasted of people trying to do the same thing on different ecosystems. Doesn’t seem like that’s the case for you folks but I think that obviously a project that really understands Kadena, understands the community, and understands where the opportunities and spaces lie are important. What I’d say here is that kind of that the key aspects are for the grant milestones and applications themselves that we really want to support particularly development and work that is going into things that are hyperfocused and relevant to Kadena to the Kadena ecosystem and to people that are part of the Kadena army. So I hope that’s at least a little bit helpful and we’re all happy to give sort of more project-specific feedback offline. So you can feel free to DM on Twitter or reach out the email or whatever. Jeffrey Ou: Great. I’ll invite you up. KadenaLifeSale. Well, I think you’re connected now KadenaLifeSale. I think you’re muted. Let me add up another person, its_TKD. I’ll add you up too, to get as many questions from the community. Can you hear us? Tyler Benster: Anyone that step here as a speaker, please feel free to ask a question. I’d love to have it. Jeffrey Ou: I think you guys are muted. KadenaLifeSale: My name is Damien. I just did a Kadena talk down here in Argentina. I’m not sure. I think I’m having technical difficulties here. Tyler Benster: Yeah, we can hear you just fine now. KadenaLifeSale: Basically, my question is I’m talking to a lot of people down here about Kadena I’m going to meet with the mayor of Rosario on the 20th. And my biggest question: — “How long do you guys project the grant to last for? “. — I know that you guys are hopefully choosing the best projects, I know you are, you’re choosing the top projects. How long do you foresee this process to continue? Is it going to last a year? Less than that, it would be good to know that because the government here moves really slowly. That would be good information to have. Can anyone fill me in on that? Tyler Benster: Yeah, totally. First of all thanks so much for organizing what I hear was a great event in Argentina. Amazing to see that kind of community initiative really awesome. And also, if you haven’t seen some of KadenaLifeSale’s NFT artwork, you definitely go check out the website. Super, super cool stuff. So for the grants themselves, there aresort of two aspects to that question. At least as I’m interpreting it. One is how long is the process of applying or receiving grants? How long is that going to take? And the second question is once you’ve gotten a grant sort of that disbursement what kind of period of development does that grant intended to cover? So for the first question you know, our, our ideal is very much, we would like grants as a process to be something that, you know, takes no longer than four to six weeks. We’re not there right now. I think part of this is with the announcement of the grants program, there havebeen people that’ve been building on Kadena in some cases for years. Basically like everyone applied all at once, which is fricking awesome because there area lot of applications. But that’s an element of not only are we spinning up Kadena Eco as an organization, but we’re also spinning up the grants program. So we’re streamlining processes and trying to figure out how to as fast as possible without sacrificing the quality of the process and the rigor of the process. So right now we’ve been airing on the side of caution and saying: “look we want to be as rigorous as possible and start off with grants that we have very high confidence are going to meet all the milestones and absolutely crush it. As we sort of develop and go through we’re going to learn and we’re going to gain more comfort and be able to move a little bit quicker. Expect that today we’re not hitting four to six weeks we’re hitting a couple ofmonths and we’re going to try and make that, make that fast in the future. For the second interpretation of your question, which is over what period might a grant, be intended to support or be dispersed over? We kind of think about this as being almost like a pre-seed type of chunk of money. It’s something that should help a small team develop and work over say six months, maybe a year, maybe three months. It depends on the project. It depends on the milestones. Depends on what’s being done. We have people indulging grants that are doing everything from, DeFi to fricking hardware. So there aredifferent needs depending on different projects. It’s a really amazing diverse array. And you’ll see some of that in the first cohort as well. I think that part is very company specific. It’s fine with us if you need a size of a grant that spans over a longer period. The grants program is very much intended to be something that helps a project get to that next level, helps them get to proof of concept, helps them, you know, deploy something on the blockchain. In some cases, adjacent technology and infrastructure that helps projects on Kadena or in some cases it areyou know, folks that are going to be really developing some amazing community resources writing some fantastic documentation and showing people, this is how you do XYZ on Kadena. A lot of things that are adjacent to the smart contract themselves. I think that the key thing here is that the grants program is not intended to finance an operation indefinitely. The grants program is intended to help a project get to that point where they can either raise additional capital that they need, or they can find a way to become self-sustaining and self-sufficient so the grants program is really intended to help build big projects that are going to be able to then have these fires in their engine of growth and carry Kadena and ecosystems in the next big billion-dollar projects and opportunities. Jeffrey Ou: Great answer, Tyler. We have WS who has been waiting a while and the luck the lucky one I’ll invite you guys up next. WS: Hey guys, can you hear me? Jeffrey Ou: Hey yeah, we could hear you. Great. I’ll let you go first. WS: Oh, okay. Thanks. Yeah, so, I really look forward to seeing the projects that come out. I have a more kind of finance-related question and think it was just interesting the way you guys framed Kadena Eco as sort of an internal VC fund kind of, you know, capital allocator. So if I think about the situation you guys are in versus VC funds VC funds would be deploying from a fiat-based capital assets, and center management, whereas you guys would be deploying from kind of KDA coins. And we know that those have come down like the rest of crypto. — “Has [the market] impacted your view on how quickly you moved to deploy to projects and just given that your cost of capital has basically changed or had you secured the funds in US dollars kind of before the market decline?“. — I’d just be curious as to how to sort of think about that because like the, everybody says in crypto it’s the best time to build during the bear market, but I guess this would be one dynamic that would be a little bit different from a capital allocation standpoint and in this landscape. Joel Woodman: Do you want to take that Tyler or do you want me to take it? Tyler Benster: Sure. I’ll start and Joel, maybe you can finish it off. First of all, I think it’s a great question. I’ll answer a little bit from the VC side. It’s also a bit of a delicate question, right? Because we don’t want to signal anything about sort of how Kadena uses platform share tokens to fund the ecosystem. What I will say is that there’s a plenty of fiat and other reserves such that Kadena is going to have absolutely Kadena Eco, going to have no problem funding all of our initiatives in the next many years to come. So very, very secure position. And we aren’t actually contingent on the price of the token right now at all in terms of funding, a lot of these initiatives and growths. So we’re very fortunate to be in a stronger position than some other projects. You know, that said. I think that we all recognize that there are changes and resources available that are dependent on the price of things and that’s just a reality. That’s true for any public company as it is true for any crypto company. So there’s a reality to that too. But I do think that there areplaces where we do things in terms of tokens, places where things are done in terms of Fiat. But the area that I think your question didn’t hit on that is very different from a VC fund. And maybe I’ll pass over Joel to hit on this point, in particular, that we are doing a lot of services and support in addition to just an investment as part of the grants program. Those kinds of in-kind services are going to be, as in as valuable, if not more valuable to a lot of the grantees. Joel Woodman: Yeah, exactly. I think it layers in a really fun portion of it too, is, helping these projects grow, whether that be connecting them with relevant parties in the space or making suggestions for people they should hire, et cetera. I think you nailed all the other, all the other buttons there for me. It just depends it’s not always a token investment or a token grant and like Tyler said the reserves are there. It’s not a concern at Kadena or Kadena Eco right now, which is a pretty cool space to be. The industry’s in a bit state of flux, there are a lot of layoffs happening, but we’re both, we’re full steam ahead with hiring. So it’s an exciting time to be at Kadena for sure. Jeffrey Ou: Awesome. I’ll add up The lucky One and Owais. The lucky One: Guys, one question. — “Do we have an overview of projects building right now on Kadena? And second of all, we have also the information that Lago Finance got a grant. And when do we get the other information about the other grantees?”. — Tyler Benster: I can probably answer briefly. No worries. As I alluded to in earlier comments, we anticipate an announcement about the first grant cohort of grants coming out in the next couple of weeks. There have been clearly some rumors or leaks about who may be included in that sort of first cohort. That’s all well and fun. There’s also some, some folks in there that I think the community will be familiar with and there’ll be some folks that maybe are going to be newer projects but I think it’s going to be really, really exciting first cohort. And that sort of who is building on Kadena I mean, you can look at the webpage. There are also somelike amazing third-party webpages, like that you can check out that have a lot of great lists as to who’s building, but, you know, there’s, there’s well, more than 50 projects at this point. Joel Woodman: Those guys are great. is a good one. You can check out. Jeffrey Ou: Awesome. I think you could speak now, Owais. Owais Ahmed: Hey! I want to ask: — “How can Kadena ecosystem will compete with huge projects Ethereum, and BNB coin in terms of scalability? And my second question is what are the main goals Kadena has in the near future and what are the circumstances? What are the factors on which you will compete for the huge projects in the cryptocurrency industry?”. — Jeffrey Ou: Thank you. So, your two questions are how is Kadena scalable compared to other kinds of projects like Ethereum? And your second question is how can we compete with the other industries? Does anyone want to take that Joel? Joel Woodman: I mean, we’re inherently the only scalable proof of work network. And this is done through something. We call Chainweb, which scales chains latterly. We’ve done this live on mainnet. We launched with 10 chains, we scaled to 20. And as far as competing with other networks, you know, we have not had an exploit to date. We’re the only blockchain that has solved the blockchain trilemma and we have not seen another chain do that. I think right now, especially with the initiative of Kadena eco that we launched in February, we’re starting to see this snowball pickup, and it’s starting to get larger, and the more and more quality developers and builders that come build on Kadena the faster that snowball is growing. I think that’s, what’s really exciting and I think the next year, the next couple years here are going to be really exciting. I do not doubt that we’re going to become, I already think we are, but I have no doubt we’re going to become one of the top players in this space and compete with the biggest of them. Jacquin Mininger: Just to add to that as to what makes us stand out. I think that we are really the only platform out there that I would describe as sanity driven. We have a sanity-driven approach to smart contract development where like millions and billions are on the line and It’s such a different feeling to build on a platform that was built from the ground up with these principles of safety in mind and making things easier to read and understand, and also having atomics that are our principles that are like fundamentally safety driven and sort of atomics to build like the tools that Pact provides as natives to build on are so much easier, they are make developing safe dApps so much easier than in other ecosystems. Jeffrey Ou: Definitely. KDAMiner, you’ve been waiting a while. I’ll invite you up. Think you’re muted. Tyler Benster: Hey, we hear you now. KDAMiner: Hey, sorry. My phone’s been cutting in and out. Hey, a quick question: — “As far as monetary value with the grants is each grant the same, like monetary value, or are some weighted differently than others based on what you think they bring?”. — Joel Woodman: Yeah, it depends, right? It’s on a project-by-project basis. It depends on the project. Depends on the size of the team. It depends on the development roadmap. The monetary value is going to be based on the work that’s being done. This is a developer grant program. We look very carefully and want to make sure that each dollar is going to something that’s being built on the network. Tyler Benster: There’s a risk-reward thing here too. Right? If you’re proposing something that’s quite risky or technically quite difficult to pull off, then there ought to be like a really big payoff for the ecosystem and for growth, if you do succeed in pulling it off. That’s what can justify some, some larger amounts. On the other hand, if you’re doing something that is this really low risk in terms of technical stuff, but has more like market and marketing type of risk than, you know, maybe something that’s a smaller grant might be more manageable and reasonable. So I think a big part of grants is also just sort of tailoring the ask for what you’re proposing and being reasonable and realistic. We take a hard look at someone that proposes, something with a reasonable dollar amount and they have a very credible application, but when even if an application’s very credible, if the dollar amount requested is sort of otherworldly, then it becomes like harder to take it seriously. So I think that’s sort of calibrating ask for the development roadmap is something that we do take into consideration as well. Jeffrey Ou: I think that’s it for the round of community questions. If no one else has any others. I guess what, where do you guys each individually kind of most excited about what the development of Kadena Eco, and what is one key takeaway you want to give to the community? Before our next Kadena Eco Office Hours. Joel Woodman: I think for me, maybe I have mentioned this, but I started at Kadena earlier this year and I actually came from the community. So, you know, I brought my first tokens last year, sometime, maybe a year ago. As a retail investor, I remember, waiting, you’re waiting on announcements and blah, blah, blah. And I totally, I get what that’s like and I think if I could leave everyone listening with a takeaway today, it’s that I couldn’t be more bullish now that I’m on the inside and working here. And with the team, the people are amazing. The projects coming through are amazing. I couldn’t be more excited about what’s to come. That’s what I would leave everybody with. Jacquin Mininger: Yeah, I’m super excited about what we have in the pipeline for developer experience coming up. Kadena.js is just the first step. We have a complete overhaul of our docs coming. That includes stuff like interacting with Marmalade and we’re going to also build out the tooling at a GraphQL interface at some point for interacting with Chainweb data. Tons of really cool stuff for making it super simple for new builders to just come in and just instantly get up and running in the ecosystem. Looking forward to that immensely. Tyler Benster: Those that I’ve talked to know that I’m sort of most excited and happiest when I’m talking to builders in the ecosystem. And to me, something I’m most excited about is honestly just looking out at all the names of folks in the audience here. If you haven’t been scrolling through that list, like check it out. You’re seeing a lot of really cool and upcoming projects out there. I think as we see this ecosystem continue to grow, continue to develop. There’s just going to be so many opportunities to get involved, whether that’s in terms of projects or DAOs or staking or in NFTs and other infrastructure, there’s just so much cool stuff going on just a very quick glance here in the audience, I see Docushield and KDABet and Kaddex and KadenaLifeSale and Miners of Kadena and KDA Mining Club and a bunch more. I mean, it’s just, so cool. Hypercent this community’s so involved people are really friendly. I’d really encourage you if you’re in the community and you’re interested in another project or see an area for collaboration, just reach out directly. People are so, so friendly. And if you’re having trouble connecting with another project, you know, feel free to reach out to us. We’re always happy to help facilitate an intro. But I think one of the best parts of working with Kadena Eco is honestly just the community and just knowing that we’re surrounded by people that are so kind and gracious and just super smart and driven and passionate. That’s what keeps me going. Jeffrey Ou: Super glad to hear. I think the community will be ecstatic to hear to wait on these upcoming grant announcements and further development of the ecosystem. Before we end here, let’s take two more questions for the road. Owais, let me add you back up again. Owais Ahmed: I want to ask: — “Will there be any burning concept in the Kadena ecosystem?”. — Jeffrey Ou: The question was will there be any burning in the ecosystem? Tyler Benster: So I think you mean in terms of like burning tokens like as part of transactions or gas fees, that’s sort of my interpretation. Kadena is proof of work and follows the same playbook as Bitcoin in terms of some of the tokens model thereof having a fixed economy. Effectively what this means is that Kadena doesn’t need to drive growth based on transaction fees that people mine, and they receive, blocks, and they, they mine blocks and receive coins as part of that activity. That should sort of ensure for the long run, that there is low transaction cost for the network. I think what’s going to be driving utility and value in KDA is going to be all these amazing projects that are building on Kadena and the utility that KDA will bring in terms of interfacing with these projects, using them, being able to swap to different tokens that sort of thing. This is why I think I’m so emphasizing this collaborative aspect of what we’re doing here, right? Is that we’re all building out this economy together. And so it’s a very collaborative endeavor and, and that’s why it’s fairly easy to kind of be befriended to everyone because we all are contributing something different, all have some value to add. And ultimately we’re all collaborating in this ecosystem and showing the rest of the world that there are ways to build projects that are truly decentralized in the proof of work sense that is truly scalable in the Chainweb sense and that truly solve security and censorship resistance in the Satoshi Nakamoto sense. Jeffrey Ou: two_pack_of_sugar, I’ll invite you up next as the last speaker. two_pack_of_sugar: Hey. I was late. I might have missed this. — “What is the ETA on Marmalade?”. — Because I feel like the easiest barrier to entry on metaverse or Web3 or whatever you want to call it is just purchasing an NFT. I’m a 42-year-old father of three. I’m and I’m entrepreneurial-minded. So like, I feel like I’m savvy, but like, it can be so hard and frustrating to break through into any type of NFT environment to just purchase one. I looked at Marmalade, I looked at a lot of the NFTs that are out there already on Kadena and it’s kind of awkward. You have to search by website. I guess ETA on Marmalade and as an NFT place, like OpenSea or Magic Eden or something like that. Jacquin Mininger: Yeah. So Marmalade is live and has been since I think May or back in April, I think the first NFT was actually minted back in April and people are using it. What Marmalade is, is infrastructure. So it is the contract in place for other people to go mint their own marketplaces. It is not going to be an actual marketplace. That being said, I think there are definitely different projects working on marketplaces where you can go buy, sell something OpenSea-like but I think it’s a new tool and, and there is going to be some experimentation time involved in terms of getting best practices with deploying and building out the tools for interacting with Marmalade. Jeffrey Ou: Yeah and if you haven’t checked out our medium site yet, Randy the head of the developer experience had released an article about the Marmalade roadmap. Be sure to check that out. We’re closing in on the hour and so just wanted to thank everyone for joining in today’s AMA or not AMA, Office Hours. Thank you, Jacquin, Joel, and Tyler. And thank you for giving the community an update. If you guys have anything else to say. Joel Woodman: Not at all. No, Jeff, thank you. And thanks to everyone for listening today. That was fun. I hope to be back soon and am excited to see everyone build. Jacquin Mininger: Yeah. Super fun. See you guys again soon. Tyler Benster: Great chatting all. Thanks for the questions. And for showing up community [folks], come to build with us. Keep building, come collaborate. Let us know how we can help cheer. That concludes Kadena Eco’s first office hours! If you are interested in listening to the office hours directly from Twitter, you can listen to the discussion starting here. To get the latest announcements about Kadena’s progress follow us on Twitter, Discord, Reddit, LinkedIn, and Telegram. Kadena Eco Office Hours Transcript was originally published in Kadena on Medium, where people are continuing the conversation by highlighting and responding to this story.

Spotlight On: Electron Labs

Kadena Eco’s Project Spotlight: Illuminating Kadena builders bringing blockchain to the mainstream Welcome to Kadena Eco’s Project Spotlight Series, where we highlight the groundbreaking work of organizations currently building on Kadena! Today, we’re shining the spotlight on Electron Labs, a zero-knowledge (ZK) technology company working to make ZK infrastructure ready for mass adoption. Last week, Electron announced that it will provide its cloud-based ZK infrastructure to power the rollups technology on the Kadena blockchain. We recently spoke with Garvit Goel, Electron Labs founder, about why ZK proofs are the key to making blockchains the backbone of the web. — 1. How do you explain Electron Labs in simple terms? Give us your elevator pitch.. — Electron Labs is working on bringing two key infrastructure components to blockchains — horizontal scaling and on-chain privacy. The solution to both these problems resides in ZK technology. However, so far, ZK-tech has been very hard to work on and demands very high skill sets from the engineers. Electron aims to build an open-source SDK that abstracts away all the underlying maths and cryptography to make product-building as easy as writing smart contracts. — 2. Share with us your background on how you got started in this space.. — Personally, I was initially attracted by the idea of self-sovereign money. As a company, however, we were initially working on making blockchains interconnected via use of on-chain light clients. We very quickly realized this was quite infeasible due to limited computational resources available to blockchains. That’s when we got introduced to ZK technology due to its computation compression properties. — 3. Electron Labs views horizontal scaling and on-chain privacy as the two key infrastructure components for bringing blockchains to the masses. Why is that, and how does ZK technology solve for these challenges?. — Zero-Knowledge Proofs have two magical properties. First, they allow you to generate proofs for computations without revealing the inputs to those computations. This is where the privacy use cases come from. Secondly, you can verify these proofs using very little computational power compared to the computation you are proving. And this leads to the scalability use cases. — 4. What attracted you to build on Kadena?. — As a builder, we are always looking for scalable blockchains to deploy our products on. Kadena’s multi-chain model brings us the scalability we need. Furthermore, the core team is committed to ZK technology and has a clear roadmap ahead of them in the coming months to improve scalability, introduce on-chain Privacy, and improve bridge technology using ZK technology. — 5. What is one project you are currently working on that excites you the most?. — We are currently working on bringing parallelization in our zk-infrastructure. This is done via the use of recursive snarks, and it will reduce transaction latency and scale the throughput significantly. — 6. What can we expect from Electron Labs in the next 6 months? Where will you be in 3 years?. — In the coming months, we are launching two products. First, Electron P2P which is basically a privacy preserving transactions network. And second, Electron SDK, which is an open source toolkit for developers to build zk powered dApps. We aim to find initial traction for these products in the next 6 months. Within 3 years, we aim to lower the learning curve for zk-developers from 6 months to 1 week. — 7. What advice would you give to entrepreneurs looking to innovate in blockchain?. — Crypto is a massively evolving space, and the future infrastructure is going to look significantly different. Entrepreneurs should pay attention to ecosystems that are strongly focussed on Zk-tech since in the future, everything is going to be inside a zk-rollup. Many thanks to Garvit for sharing his vision for the future of ZK tech! Be sure to check out this space in the coming weeks for more Project Spotlights, as we’ll continue to profile innovative organizations that are currently building on Kadena with support from Kadena Eco, our innovation network that supports startups at every phase of their development journey. Spotlight On: Electron Labs was originally published in Kadena on Medium, where people are continuing the conversation by highlighting and responding to this story.


Cryptocurrency Investment Platform HASHFROG Partnered With BITMAIN and A...

    PRESS RELEASE. In recent years, the cryptocurrency market has been exceedingly prosperous, with a series of cryptocurrency projects emerging, bringing rich investment opportunities and market risks to participants in the blockchain industry. KDA is also one of the emerging cryptocurrency projects. However, unlike others, KDA is referred to as the next cryptocurrency project that can be benchmarked with BTC because of its simplicity and transaction cost-efficiency, better scalability than BTC, and the future circulation potential of 990 million tokens. With the joining of BITMAIN, the world's largest miner manufacturer, KDA may become a new opportunity for cryptocurrency investors. HASHFROG, a diversified cryptocurrency investment platform, announced that it had reached strategic cooperation with BITMAIN and ANTPOOL and will jointly launch KDA cloud mining products to provide low-cost, flexible and efficient mining services for KDA participants around the world. On September 13, 2022, the three parties jointly held an online product launch and elaborated on the cooperation relationship and their expectations for the future of the KDA market. Representatives from the Kadena development team and the Kadena Mining Club community also participated in the press conference and expressed their interest and support. It was introduced at the press conference that HASHFROG will adopt the ANTMINER KA3 (hereinafter referred to as KA3) that is newly developed by BITMAIN, with a hash rate o... read More

Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences

    Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer builders a complete suite to deploy their solutions on top of the chain. Kadena Grants Seek to Attract People to Ecosystem Kadena, a top-100 cryptocurrency project that is based on proof-of-work (PoW) consensus but also offers the possibility of executing smart contracts, has revealed a new set of developer grants seeking to attract builders to its chain. The grant program, which will have $100 million available for interested teams, is part of the Kadena Eco program, which presents a set of other initiatives directed to help teams, companies, and startups to produce Web3 experiences. The Kadena Eco program includes several other aspects that are to be developed in the near future. Among them are an incubator for growing the skills of more developers in different projects, an accelerator to power other projects, and even a venture fund that aims to 'propel companies using or pivoting to Kadena's blockchain platform to realize their vision.' Regarding this full global support that Kadena seeks to offer builders, Stuart Popejoy, founder and CEO of Kadena, stated: We're empowering builders to pioneer new projects that transform the world, and we're doubling dow... read More

Biggest Movers: RUNE Rallies on Friday, With KDA Climbing Over 10%

    Despite mainly being in the red, there were a few notable big movers in crypto markets on Friday. Initially, STX was one of them, climbing by as much as 36%, before giving up all of these gains. However, RUNE and KDA managed to sustain gains. Thorchain (RUNE) Thorchain (RUNE) rose for the second time in the last three days, as it continues to move towards entering the cryptocurrency top 50. Following a low of $4.82 on Thursday, RUNE/USD rose to an intraday high of $:$6.27 today, which is its highest level since January 17. As of writing this, RUNE is trading nearly 13% higher, following an earlier breakout of its recent ceiling at $5.50. Looking at the chart, today's surge has seen the 14-day RSI climb to a one-week high of 63, which has also historically been a resistance level. In the event that price strength is able to move past this point, there is a strong chance that bulls could be targeting the $7.15 ceiling. Kadena (KDA) Kadena (KDA) climbed to its highest level since March 2 on Friday, as it continued to move away from its recent support level. KDA/USD hit an intraday high of $8.26 during today's session, following a surge from its price floor of $5.70. Today's move sent prices past recent resistance of $7.55, for the first time since February 16, after following a valentine's day price surge. As of writing this, KDA is still trading over 10% higher, tracking at 11.67% for the day, however, gains have eased, as traders seem to have secured earlier profits. H... read More

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