| for the first time gonna be really | 4.8 | Jump to 41.84 |  |  | 
              
                
                  | well we wrap up in total as web 3 then | 5.199 | Jump to 67.28 |  |  | 
              
                
                  | it's a blockchain 2.0 company i like to | 4.241 | Jump to 72.479 |  |  | 
              
                
                  | small cap markets blockchain 1.0 a lot | 4.399 | Jump to 76.72 |  |  | 
              
                
                  | the real deal uh i say they're one of | 4.721 | Jump to 81.119 |  |  | 
              
                
                  | the top three leaders what we call web3 | 4.24 | Jump to 83.36 |  |  | 
              
                
                  | more than just lip service revenue 2020 | 6.4 | Jump to 90.24 |  |  | 
              
                
                  | ended uh approximately 1.4 million | 5.52 | Jump to 93.68 | 
                      
                        
                      
                        CARDINAL
                      
                      
                        approximately 1.4 million
                      
                     |  | 
              
                
                  | number for 2021 but we do know for the | 4.48 | Jump to 99.2 |  |  | 
              
                
                  | nine months ended september 30th they're | 4.159 | Jump to 101.6 | 
                      
                        
                      
                        DATE
                      
                      
                        nine months ended september 30th
                      
                     |  | 
              
                
                  | at 892 000 | 2.88 | Jump to 103.68 |  |  | 
              
                
                  | right now about 550 million dollars | 6.08 | Jump to 121.52 | 
                      
                        
                      
                        MONEY
                      
                      
                        about 550 million dollars
                      
                     |  | 
              
                
                  | fully diluted about 750 million dollars | 5.361 | Jump to 124.719 | 
                      
                        
                      
                        MONEY
                      
                      
                        about 750 million dollars
                      
                     |  | 
              
                
                  | and in any 24 hour period trades being | 6.639 | Jump to 127.6 |  |  | 
              
                
                  | 25 and 35 million dollars in 24 hours | 5.76 | Jump to 130.08 |  |  | 
              
                
                  | two cat botica a 12 000 nft collection | 7.36 | Jump to 146.8 |  |  | 
              
                
                  | sold out in 10 hours brought in about | 4.56 | Jump to 151.12 |  |  | 
              
                
                  | four point about four million dollars | 3.92 | Jump to 154.16 |  |  | 
              
                
                  | ting's billion buns nfts sold out in 48 | 7.04 | Jump to 158.08 |  |  | 
              
                
                  | 6.2 million worth of nfts in less than | 5.199 | Jump to 165.12 |  |  | 
              
                
                  | 40 minutes with the company they're | 3.6 | Jump to 168.56 |  |  | 
              
                
                  | having you for the first time because | 4.961 | Jump to 182.319 |  |  | 
              
                
                  | about uh you guys just for a second and | 5.28 | Jump to 197.92 |  |  | 
              
                
                  | there's two things i want to touch on | 4.56 | Jump to 200.959 |  |  | 
              
                
                  | where you guys fit into web 3 and the | 4.56 | Jump to 203.2 |  |  | 
              
                
                  | but first let's talk about guys | 4.239 | Jump to 213.28 |  |  | 
              
                
                  | yeah sure you know first of all thanks | 3.28 | Jump to 222.239 |  |  | 
              
                
                  | for thanks for having me for the first | 3.439 | Jump to 224.08 |  |  | 
              
                
                  | uh we see in web 3.0 um where users are | 6.719 | Jump to 232.08 |  |  | 
              
                
                  | the first important value um the most | 6.0 | Jump to 241.599 |  |  | 
              
                
                  | one blockchain like the bitcoin | 3.36 | Jump to 250.239 |  |  | 
              
                
                  | the second part is uh the mining | 3.84 | Jump to 268.0 |  |  | 
              
                
                  | industries for example 50 billion | 5.12 | Jump to 271.84 |  |  | 
              
                
                  | involved with uh the third part is | 5.44 | Jump to 291.6 |  |  | 
              
                
                  | last one which is the hardest to miss | 4.64 | Jump to 324.24 |  |  | 
              
                
                  | where you're staking five ten percent | 4.321 | Jump to 330.479 |  |  | 
              
                
                  | you're holding usdt you're earning five | 4.96 | Jump to 332.4 |  |  | 
              
                
                  | seven percent and lending and borrowing | 4.48 | Jump to 334.8 |  |  | 
              
                
                  | are the the four | 4.241 | Jump to 348.479 |  |  | 
              
                
                  | one some or all of those pillars | 4.88 | Jump to 355.12 |  |  | 
              
                
                  | maturity but in terms of the layer one | 3.681 | Jump to 369.039 |  |  | 
              
                
                  | 97 of the world right now | 4.959 | Jump to 417.52 |  |  | 
              
                
                  | they're they see web three and they | 4.801 | Jump to 419.919 |  |  | 
              
                
                  | some nft sold for a million dollars some | 8.08 | Jump to 424.72 |  |  | 
              
                
                  | crypto like uh sheba went up 5 000 | 7.199 | Jump to 428.0 |  |  | 
              
                
                  | to compare it to the the web 2 movement | 4.799 | Jump to 455.12 |  |  | 
              
                
                  | websites are almost mobile first | 4.641 | Jump to 468.879 |  |  | 
              
                
                  | colloquially referred to as web 2. | 5.039 | Jump to 486.16 |  |  | 
              
                
                  | web 3 is a similar type of migration | 5.44 | Jump to 488.879 |  |  | 
              
                
                  | major selling point of web 3 is | 6.241 | Jump to 505.039 |  |  | 
              
                
                  | more control in a web 3 world around | 5.679 | Jump to 511.28 |  |  | 
              
                
                  | today's web 2 universe | 3.921 | Jump to 523.279 |  |  | 
              
                
                  | privacy thing right whereas in a web 3 | 4.88 | Jump to 529.36 |  |  | 
              
                
                  | and uh in 30 seconds maybe you guys can | 4.319 | Jump to 545.2 |  |  | 
              
                
                  | capitalist but you know the work two | 2.721 | Jump to 561.839 |  |  | 
              
                
                  | three hundred billion dollars and a lot | 3.44 | Jump to 563.2 | 
                      
                        
                      
                        MONEY
                      
                      
                        three hundred billion dollars
                      
                     |  | 
              
                
                  | create a platform right now the three of | 5.04 | Jump to 579.76 |  |  | 
              
                
                  | really exist in the web 2 space and it | 4.0 | Jump to 621.68 |  |  | 
              
                
                  | can't exist because the web 2 space is | 4.48 | Jump to 623.68 |  |  | 
              
                
                  | whereas in a web 3 world you have a lot | 3.76 | Jump to 656.0 |  |  | 
              
                
                  | 3 world uh we might be the founders of | 5.199 | Jump to 659.76 |  |  | 
              
                
                  | web 3 universe um | 5.28 | Jump to 683.76 |  |  | 
              
                
                  | cycle of 50 to 100 years you're going to | 3.04 | Jump to 742.72 |  |  | 
              
                
                  | what does that's the first real world uh | 5.76 | Jump to 791.36 |  |  | 
              
                
                  | spend three bucks a month you can link | 3.919 | Jump to 835.04 |  |  | 
              
                
                  | three four years now um and so you know | 5.12 | Jump to 885.12 |  |  | 
              
                
                  | twitter might ask you for your first | 4.399 | Jump to 971.68 |  |  | 
              
                
                  | your first name last name email you | 3.28 | Jump to 986.16 |  |  | 
              
                
                  | first set of questions comes from | 4.079 | Jump to 1005.68 |  |  | 
              
                
                  | three questions there hey dan i'm gonna | 3.601 | Jump to 1009.759 |  |  | 
              
                
                  | move backwards from three to two to one | 4.0 | Jump to 1011.44 | 
                      
                        
                      
                        CARDINAL
                      
                      
                        three to two to one
                      
                     |  | 
              
                
                  | because the la number one is really | 4.399 | Jump to 1013.36 |  |  | 
              
                
                  | really specific whereas number three uh | 4.8 | Jump to 1015.44 |  |  | 
              
                
                  | first question | 3.36 | Jump to 1020.24 |  |  | 
              
                
                  | for 2022. | 4.56 | Jump to 1023.6 |  |  | 
              
                
                  | so for 2022 what we're really focusing | 4.88 | Jump to 1025.439 |  |  | 
              
                
                  | going to be one-to-one there are going | 3.36 | Jump to 1086.0 |  |  | 
              
                
                  | 2022 we're shifting towards more of a | 4.8 | Jump to 1099.2 |  |  | 
              
                
                  | last known's the first one peregrine's | 3.92 | Jump to 1133.84 |  |  | 
              
                
                  | another one that people have seen and | 4.48 | Jump to 1136.0 |  |  | 
              
                
                  | uh sellouts just in the last 30 days or | 5.2 | Jump to 1181.52 |  |  | 
              
                
                  | different than the one we were operating | 3.76 | Jump to 1236.72 |  |  | 
              
                
                  | in just six months ago right it's a lot | 4.399 | Jump to 1238.64 |  |  | 
              
                
                  | targets that they had for you know 12 | 3.199 | Jump to 1249.84 |  |  | 
              
                
                  | 000 tokens a lot of tokens in today's | 3.84 | Jump to 1251.6 |  |  | 
              
                
                  | them 180 and then launched them as a | 3.6 | Jump to 1300.64 |  |  | 
              
                
                  | last 20 years building themselves up as | 4.24 | Jump to 1350.559 |  |  | 
              
                
                  | you know we've only revealed like one or | 2.88 | Jump to 1419.2 |  |  | 
              
                
                  | two of the artists that we're working | 3.76 | Jump to 1420.88 |  |  | 
              
                
                  | launched the first collection carson's | 3.2 | Jump to 1433.76 |  |  | 
              
                
                  | billion buns | 3.599 | Jump to 1435.44 |  |  | 
              
                
                  | more than 10 that we're working with and | 3.199 | Jump to 1444.48 |  |  | 
              
                
                  | problem in the future because one | 5.039 | Jump to 1457.12 |  |  | 
              
                
                  | uh challenge in the web three world and | 4.321 | Jump to 1459.279 |  |  | 
              
                
                  | remember web one you back then we looked | 4.0 | Jump to 1463.6 |  |  | 
              
                
                  | first couple of years only a small group | 3.36 | Jump to 1469.52 | 
                      
                        
                      
                        DATE
                      
                      
                        first couple of years
                      
                     |  | 
              
                
                  | equilibrium like we did with web one | 3.36 | Jump to 1491.84 |  |  | 
              
                
                  | well it takes 10 years to become a pro | 4.96 | Jump to 1498.4 |  |  | 
              
                
                  | since the industry is barely you know 10 | 5.439 | Jump to 1551.36 |  |  | 
              
                
                  | 10 11 12 years old i would expect this | 5.52 | Jump to 1553.84 |  |  | 
              
                
                  | next three to four years to be really | 4.961 | Jump to 1556.799 | 
                      
                        
                      
                        DATE
                      
                      
                        next three to four years
                      
                     |  | 
              
                
                  | gone down three or four times in the | 3.6 | Jump to 1603.52 |  |  | 
              
                
                  | last two or three months um but they're | 3.359 | Jump to 1605.2 | 
                      
                        
                      
                        DATE
                      
                      
                        last two or three months
                      
                     |  | 
              
                
                  | monolithic blockchains and layer one and | 3.92 | Jump to 1651.2 |  |  | 
              
                
                  | chains and zero knowledge roll-ups it is | 4.321 | Jump to 1656.799 |  |  | 
              
                
                  | investing in a monolithic layer one | 4.32 | Jump to 1678.88 |  |  | 
              
                
                  | performance on layer one but really the | 5.519 | Jump to 1693.76 |  |  | 
              
                
                  | a 400 000 uh agreement there is there | 5.681 | Jump to 1733.039 |  |  | 
              
                
                  | we had worked with just uh like six to | 5.12 | Jump to 1751.12 |  |  | 
              
                
                  | eight months ago have all been replaced | 5.039 | Jump to 1753.52 |  |  | 
              
                
                  | them they had like 20 people internally | 3.12 | Jump to 1794.72 |  |  | 
              
                
                  | people all together in one space but | 4.721 | Jump to 1856.159 |  |  | 
              
                
                  | one that we had our own um | 5.12 | Jump to 1907.2 |  |  | 
              
                
                  | question now this one gets more specific | 4.48 | Jump to 1970.0 |  |  | 
              
                
                  | way before you guys answer that just 30 | 4.159 | Jump to 1987.36 |  |  | 
              
                
                  | was not compliant for the past three | 3.28 | Jump to 2097.92 |  |  | 
              
                
                  | call peregrine 1.0 which is very much | 4.72 | Jump to 2127.44 |  |  | 
              
                
                  | peregrine 2.0 is something that we're | 4.159 | Jump to 2140.96 |  |  | 
              
                
                  | um moving ciscoin protocol to being one | 4.8 | Jump to 2146.72 |  |  | 
              
                
                  | moves forward and zero knowledge | 4.32 | Jump to 2159.92 |  |  | 
              
                
                  | peregrine 2.0 which will actually allow | 4.319 | Jump to 2166.8 |  |  | 
              
                
                  | 1.0 enables on the base token value | 5.52 | Jump to 2191.76 |  |  | 
              
                
                  | second part of that question is that | 2.24 | Jump to 2212.4 |  |  | 
              
                
                  | three provinces in canada i can | 5.439 | Jump to 2240.64 |  |  | 
              
                
                  | one thing that the major point that has | 3.199 | Jump to 2346.4 |  |  | 
              
                
                  | one day | 3.039 | Jump to 2551.28 |  |  | 
              
                
                  | 99 of people in the world don't know | 3.52 | Jump to 2569.76 |  |  | 
              
                
                  | we are but no one compares to you | 5.12 | Jump to 2581.52 |  |  | 
              
                
                  | chunks is through zero knowledge proofs | 4.959 | Jump to 2628.16 |  |  | 
              
                
                  | can have one single server uh doing this | 4.96 | Jump to 2647.04 |  |  | 
              
                
                  | the math has been around for 20 years | 4.4 | Jump to 2680.48 |  |  | 
              
                
                  | before the layer two of the value stacks | 5.121 | Jump to 2709.359 |  |  | 
              
                
                  | with this zero knowledge stuff because | 4.32 | Jump to 2714.48 |  |  | 
              
                
                  | transactions per second now and as | 4.879 | Jump to 2748.72 |  |  | 
              
                
                  | zk roll up zero knowledge rollups | 4.72 | Jump to 2793.04 |  |  | 
              
                
                  | you're super smart individual 200 iq | 5.041 | Jump to 2889.359 |  |  | 
              
                
                  | walk away 100 years come back | 4.4 | Jump to 2946.64 |  |  | 
              
                
                  | and in 20 years and you come back my | 4.48 | Jump to 2952.16 |  |  | 
              
                
                  | the layer one side of the blockchain | 3.28 | Jump to 2965.52 |  |  | 
              
                
                  | all wrapped up into one ball it hasn't | 4.321 | Jump to 3022.079 |  |  | 
              
                
                  | jack one of these days i want to take a | 4.24 | Jump to 3046.72 |  |  | 
              
                
                  | it's grade four t-ball versus the new | 4.16 | Jump to 3060.24 |  |  | 
              
                
                  | uh one thing that we're currently | 3.599 | Jump to 3096.48 |  |  | 
              
                
                  | here i'm not going to name the exact one | 5.76 | Jump to 3107.44 |  |  | 
              
                
                  | but um you know one that we feel will | 5.839 | Jump to 3110.24 |  |  | 
              
                
                  | stuff and we're looking to be uh first | 4.48 | Jump to 3169.359 |  |  | 
              
                
                  | type offerings at the at the layer one | 4.56 | Jump to 3186.72 |  |  | 
              
                
                  | on layer two | 3.52 | Jump to 3198.48 |  |  | 
              
                
                  | the zero knowledge roll-up stuff jack | 4.32 | Jump to 3200.48 |  |  | 
              
                
                  | transactions um whereas on on layer one | 4.721 | Jump to 3212.079 |  |  | 
              
                
                  | on one specific potential application | 5.121 | Jump to 3221.599 |  |  | 
              
                
                  | for it for one nft is fractionality | 4.72 | Jump to 3242.72 |  |  | 
              
                
                  | future i i wouldn't say it's the first | 4.0 | Jump to 3254.72 |  |  | 
              
                
                  | we can explore there first um | 5.841 | Jump to 3280.559 |  |  | 
              
                
                  | sense i guess fractional ft is one thing | 3.121 | Jump to 3325.119 |  |  | 
              
                
                  | our roadmap kind of i would say one of | 4.48 | Jump to 3372.16 |  |  | 
              
                
                  | one of the exciting things about | 4.321 | Jump to 3374.559 |  |  | 
              
                
                  | that when that comes to fruition one day | 4.08 | Jump to 3434.4 |  |  | 
              
                
                  | to talk about that so next one is taking | 4.56 | Jump to 3456.96 |  |  | 
              
                
                  | a on cisco from a third party yeah | 4.959 | Jump to 3482.4 |  |  | 
              
                
                  | two guys in a basement that deployed a | 3.28 | Jump to 3522.799 |  |  | 
              
                
                  | you know no one's there to answer the | 4.639 | Jump to 3527.2 |  |  | 
              
                
                  | carson's collection in 48 seconds bcf | 4.159 | Jump to 3644.16 |  |  | 
              
                
                  | two different currencies we can offer | 4.401 | Jump to 3692.799 |  |  | 
              
                
                  | or choose to swap with a different one | 3.28 | Jump to 3738.64 |  |  | 
              
                
                  | 2016 on right uh there's probably been a | 5.639 | Jump to 3773.48 |  |  | 
              
                
                  | couple million dollars poured into the | 4.32 | Jump to 3776.88 | 
                      
                        
                      
                        MONEY
                      
                      
                        couple million dollars
                      
                     |  | 
              
                
                  | i think there's about seven million | 3.759 | Jump to 3783.28 | 
                      
                        
                      
                        CARDINAL
                      
                      
                        about seven million
                      
                     |  | 
              
                
                  | a seven million dollar stake in the | 5.04 | Jump to 3806.4 | 
                      
                        
                      
                        MONEY
                      
                      
                        seven million dollar
                      
                     |  | 
              
                
                  | new mining paradigm on layer two that | 5.439 | Jump to 3864.88 |  |  | 
              
                
                  | layer two stack and so that's something | 5.201 | Jump to 3872.799 |  |  | 
              
                
                  | nutshell if you have a hundred thousand | 3.361 | Jump to 3882.799 | 
                      
                        
                      
                        CARDINAL
                      
                      
                        a hundred thousand
                      
                     |  | 
              
                
                  | um and basically there are over 2100 of | 5.44 | Jump to 3914.72 |  |  | 
              
                
                  | these masternodes that have a hundred | 3.76 | Jump to 3918.48 |  |  | 
              
                
                  | thousand cysts locked up and off of the | 4.8 | Jump to 3920.16 |  |  | 
              
                
                  | you know 400 000 ciscoin tokens to do | 4.879 | Jump to 3947.44 |  |  | 
              
                
                  | that over the next six months the the | 5.28 | Jump to 3949.92 |  |  | 
              
                
                  | territory in about an hour and five | 3.2 | Jump to 4001.28 | 
                      
                        
                      
                        TIME
                      
                      
                        about an hour and five
                      
                     |  | 
              
                
                  | where you're going to be in 2022 but i | 4.081 | Jump to 4020.559 |  |  | 
              
                
                  | probably the last three or four months | 4.481 | Jump to 4054.799 |  |  | 
              
                
                  | we're getting ready to launch the second | 4.72 | Jump to 4084.48 |  |  | 
              
                
                  | artist on the platform february 7th um | 5.28 | Jump to 4086.16 |  |  | 
              
                
                  | news about that as as 2022 goes on here | 5.759 | Jump to 4128.56 |  |  | 
              
                
                  | any single one of these products | 5.36 | Jump to 4191.359 |  |  | 
              
                
                  | three world is in desperate need of some | 4.88 | Jump to 4212.88 |  |  | 
              
                
                  | drops so captain goes four million | 4.48 | Jump to 4281.52 |  |  | 
              
                
                  | dollars in 10 hours yes we did i know it | 3.68 | Jump to 4283.76 |  |  | 
              
                
                  | wasn't just 10 hours because you need | 3.36 | Jump to 4286.0 |  |  | 
              
                
                  | zero dollars all cash is the bottom line | 5.12 | Jump to 4325.36 |  |  | 
              
                
                  | three years ago four years ago i think | 4.08 | Jump to 4334.56 |  |  | 
              
                
                  | that web 3 is on its way product | 3.92 | Jump to 4340.96 |  |  |