Luke Lim From Chainlink Labs


Hey everyone. Good morning. Welcome to the Poolside web rebuilders podcast where we come together to share knowledge and experiences with the community in an informal and conversational way. Thank you all for joining us. My name is Kate, I'm your host. And today we have with us Luke Lim strategic partnership at Chainlink Labs, and Edward Ward from Poolside accelerator. For those who missed it, Poolside accelerator partnered up with Chainlink Labs to support Web3 builders, and we'll talk about it today. So as you already might know, the Poolside podcast episodes are recorded live on Twitter spaces. But if you've missed any, you can always find us on Spotify, Apple and Google podcasts. So subscribe today. And before we start for our live listeners, don't forget that you will be able to claim one of 300 exclusive OAT on chain achievement tokens. So after the session, sign up on Galxe. To grab your oats are you a Web3 founder looking for relevant mentorships and funding opportunities. Say hello to Poolside accelerator, a 12 week dedicated program empowering founders to build launch and scale in the Web3 space, what to expect from the accelerator support from tokenomics business marketing strategy, product development and community building up to $100,000 in initial funding and access to follow on capital demo days with mentors and investors, eight days at the Poolside hub in Lisbon with daily sessions, one on one meetings with potential stakeholders and selected mentorships from founders and entrepreneurs in the Web3 space. But who can apply any Web3team with a great idea and preferably an MVP, the industry you operate in is not a factor. We accept applications across all sectors. For more information and to submit your application head over to


Welcome Luke and Edward. Hey, thank you very much for having us. Likewise, as well, it would make it okay, so so we can first First of all, could you please introduce yourselves? I mean, for the people who have already listened to some other Poolside podcast episodes. I think the Edward voices is familiar. But yeah. So tell us a little bit about your background. And how did you get into the web authoring space? I think you can start look, it's great to be here, first and foremost, to be evident. I have family here.


So I have someone new to you guys. I am actually from the traditional finance and business development background.


I joined training


just slightly over one half years ago. First learn about crypto back in 2017.


Back then, my friends were all studying up about it. I was still back in university at that at that time.


While it's been six years since then. And it's great to be in this industry working alongside the brilliant minds within the space. So I work in the strategic partnerships of house joining naps, and have been working alongside at work and the wider team with pusa accelerator, working together with builders within the space. And I'm very excited to be here today. Cool. Thanks, Luke. Yeah, firstly, I just want to say how amazing it is to have this partnership and that we're kicking off soon with our first accelerator. So to changning Thank you very much. And we really, we really look forward to growing our partnership and supporting Web3buildings together.


Okay, so a bit about myself, and how I got into web three.


About 10 years ago, I started a business in London and manufacturing bicycle lights and had distribution and retail network. So I really felt the taste for entrepreneurship then.


And then disliked physical product, especially electronics, and shipping and regulation in that sense. So moved into digital and I launched the low wagon coding bootcamp, a Ruby on Rails coding bootcamp, at the time was only for entrepreneurs. So they would come we would build their products, launch them get funding and take them to market. It's changed a bit now it's very much mainstream and Korea based, and then moved to Portugal and worked for the founder of sorry, not the founder, but the Product Manager from Skype at the time one of the senior product product managers and the two guys who built the original voice AI for Skype, who sold it to Skype and we worked on AI projects there and founders and accelerating them getting them funding and taking them through to the next level. And during that time i i had dabbled a bit in in crypto and Web3from similar to Luke around 2017. When that first mainstream push


came. And that's how I got into it and started dabbling in projects. Then I started working for poker started in 2021. And now I've got the pleasure of launching the Poolside accelerator with withdrawals. So very exciting times ahead. And


we look forward again, like I said, to working with chain link even closer. Yes. So look, could you explain a little bit what Chainlink Labs does? And how you can, like explain this to a newcomer, I'm sure that people who are in the Web3space where for quite some time, they already know chain link. But if you had to explain to someone who is new to the space, how would you explain it? And what's your role in it? Yeah, absolutely.


Similar to blockchain, right? It's such a fascinating technology. But to summarize it within a sentence is always this attribute.


So it's actually something that I've, even personally, on my end,


when I first got to know crypto within the space, also looking for like, where exactly will be the best spot


that I can entrust my career in to?


I was fully I was basically a training advocate, before I went full time into it. And up until today, I firmly believe on the mission of training. So most people were heard about training, but not too certain about what it does.


So maybe, just to give you a brief overview, chaining is the industry standard with training service provider platform to date with enable over 1000s of dollars in transaction volume. We started off in defy, but not just if I look into parametric insurance industries, and even things like gaming, NF Ts, and I would say a lot of major sectors.


We provide data points, right? We are decentralized Oracle network, where we enable developers to build feature rich Web3applications. And with that, what they would then need to do is they would need to build this concept called hybrid smart contracts, where they need to take on board off chain data and bring it on chain in a secure manner. And that's what we told Mr. Oracle problem. Blockchain in itself, it's secure. But without external data, right? Or with with external data, it basically is not too helpful. So what we're trying to do here is that asset chaining laps, we built the network, right? So we are the people that it's full time on the space right? We try to grow the churning network thing we launched main net back in May 2019.


And is the efforts of many people within tuning that's where we manage to have business about months all right marketing team or go to market strategy, speaking with different builders within the space, founders depths within the space, so that we are then able to educate them about the Oracle problem and eboard them with the right and secure tools, toolkits to build depths that everyday people like me or you can actually use on a day to day platform.


I hope that answers


was great. Thank you.


So Poolside accelerator announced a partnership with Chainlink Labs last week. So Edward, what will this partnership mean for the Poolside accelerator?


Thank you. Yeah. So as as Luke just ended with those providing toolkits and support basically and you know, Poolside is a is a


Polsat accelerator, obviously is the platform to to help selected projects go through our program, but projects will have access to in terms of channeling site will have access to special educational workshops by Chainlink Labs themselves. They'll receive technical support, mentorship, and advisory from their team.


They'll have a dedicated first line of onboarding as well. So hands on and like super handheld.


You know, Oracle's are needed and like any type of app, any type of protocol, and chainlink is is a big is a big and big platform and a wonderful partnership for us to help our projects go forward with a wealth of wealth of support that that they have within their product range.


So, yeah,


it's our main thing. I was muted and talking sorry. So our main


Will is sharing knowledge and connecting the Web3builders. So what can you tell us about the upcoming plans on this? Cool. So yeah, Poolside is more than just an accelerator, right? So we want, we are a platform to share knowledge, as you've said to help builders grow to help products succeed and communities indulge in all good things been great things web three, right. But if portside itself is a brand, we've actually got a few verticals. So the accelerators one, we also have the Poolside hub, which is a very exciting project just launching now in Lisbon, which you're in charge off. And that's, you know, it's a 12,000 square feet building in Lisbon. It's the home of, of web with the Web3district, let's say recently named, and that hopes to house a lot of events and bring communities together. We also have the Poolside Dow, which is a growing community relatively new and growing quite quickly and doing very well. And the Poolside podcast, obviously, which we're talking on now. And all these platforms, we aim to provide knowledge and support to build us, okay, and the community wide communities.


The accelerator itself is where the action will happen, right. So that's where we'll actually get our hands dirty, really bringing out the knowledge of our full support team from analysts and marketing team, developers, designers etc, as and when needed. But we don't only keep the knowledge within our accelerator and the accelerated projects, we have an ever growing and highly informative Poolside blog, which we share where we share information and knowledge there we have various support


databases, which we share with events and toolkits, etc, which we push out from time to time.


But yeah, it's the Lisbon hub is, is I would say that for our next big exciting launch happening in April. And we hope to bring a lot of activity there and all with the same goal of helping builders build and sharing knowledge and creating cool things. All things web three, and book are in your in your view. Why is it important to keep supporting blockchain founders and builders at this point?


Yeah, absolutely. And I resonate fully with what mentioned as well. And we do see value, then how post site accelerator can actually help to support builders within the space.


I was just checking the last check. The data point was that I think was in January of this year, there's only a 10,000 Web3developers within the space, you compared it to the millions of developers out there in the web two, space, right? While we have huge talents here, infinity, we want to scale this up, we got to attract the top 10 minutes to build in the wet tree space. And I think this is for us difference. There's a vast difference between the wet two space and the wet tree space. So I mean, we have learned this over the years, right? If we try to have all what we have learned in the wet to apply it to the wet tree, there will be times that we will fill and an accelerator like, Poolside. It's basically pulling together all of our knowledge across with every single builder that has been the space before, right, because we want to see this sector succeed. And therefore, we want to enable founders to speed up the learning curve and also learn from the mistakes that we made as well on our end, right and what we have seen people in the industry that


So to your question, why is it important for to support founders and builders, right? Obviously, if you want to see the next wave of innovation, and if you want to see actual use cases across the various different industrials, we need folks who is experts in their various fields, right. So for us, we like to think that we are the industry standard within the space of Oracle's It has been four years since we last launch on Main net


back in 2019. And with that, what we are trying to do is we are building


basically decentralized Oracle solutions where we bring forth data feeds, what we term as random


what we term as computation, like for example, random number functions, right? But it's on its VRF automation of smart contracts. And even recently, right, we continue to build recently we just launched Eatonville chaining functions that allows you to fetch data from any API, including back to API's and run it on custom compute bring


in that specific data and chin, so you can think about it, we just have a, we saw many interesting ideas that was out of if Denver, or one of it was convenient to the debt, right, that pulls together, the number of listenings from an n number of downloads from Spotify, right? So whatever data points that can be pulled from API's, right, that's where you can then open up the with bar data that more things you can build. And that's what we're trying to support founders here as well. So, to date, I think, as I mentioned, right, we do want to see, many, I mean, defy its has been, we've seen a lot of iterations of E phi NFV. And gaming has very much accelerated in the last one to two years. And we actually want to help to see different industries and different builders actually solve actual use cases. And with trending, that way, you can then an able decentralized Oracle's to securely bring those data on chain. And do things like even computations off chain computations and doing it and bringing that on chain, right?


So I think our work together with Poolside, it's massively important to really accelerate the growth of all the aspiring founders within the space. And ultimately, we're trying to help you guys succeed, because you guys succeed, meaning the industry succeeds as a whole. Right? So


that's a little bit about why we think that this is important and what we have been pouring efforts and resources, right, to work alongside with foresight, and you will see many interesting things that will be coming up in the next few months. Anybody deal from now?


Yeah, that's a great point. And I believe this is a very promising partnership.


From your experience, and this question is for both of you, what are the main challenges for Web3startups?


Who's gonna go? Should I go? Okay. Now?


Look, I would say, obviously, maybe not obviously, everyone, but for me, there's always a forefront of everything is legislation and regulation. i It's, it's a topic or topics, it's, you know, it's an area that it's always that there's no clear regulation.


In most areas, and you know, different countries operate differently with different regulations. And some of the centralized sorry, some companies are decentralized or centralized. So, there's this sort of uneven ground there, that always bears question marks for early stage companies, and work through startups in terms of decision making.


But, you know, it's challenging keeping up with product development, especially around the speculation, right? So which, where do you build? How do you build, you know, what you're constantly thinking is something else going to change? Just tomorrow, you know,


and it's important to try and build products and get revenue, but also try and deal with the speculation. So it's a bit of a gamble.


If you're new, navigating the spaces, you know, it's, it's sort of tough at the beginning, it can be very overwhelming.


It's a very different culture in Web3to two web web two in terms of how fast it moves, how the communication within communities, and


if the just the general, keeping up with the time, so it's really important to immerse yourself fully in, in learning and, and keeping up with everything that changes. user retention, is a big challenge.


We see a lot of users jump from project to project. So building a strong and loyal communities important and also really important products as well of products that people love to use and want to come back to us to retain clients to retain users. Funding, of course, is a big challenge right now it's a bit more difficult. 2022


wasn't such a big help for for that. So I would say bootstrap as much as possible.


In the old days, you just needed a white paper to go and get funding now you actually need a lot more than that, which is great. I think it's very good. We're building. It's forcing founders to really think and build with a purpose.


So yeah,


another, you know, finally I'll just stick on funding, but VCs, like I said, VCs got hit in 2022. So they're very conservative.


But there is a silver lining, like I just mentioned, and that means it kind of pushes people to build better.


So those would be my sort of biggest biggest challenges right now.


Like I you look


at what mentioned quite a fair bit, I think


In a foolish resume.


Sorry, no, no, no. Oh, good.


Plus, I would say those things. So I think one thing to add, as well as would be the blockchain server server environment, I think


most people,


at least when I first started in the space, right, I never knew how adversarial the blockchain environment is right


up to the point that you actually is a victim of exploit.


So that's where you realize that, okay, The world ain't too rosy out there. And therefore, because nothing can be reversed on the blockchain.


And once everything is plugged out on the blockchain, there's no way for respite. So one key thing, I think one of the key challenges as well will be security within the space, right? How, how are you able to build, but yet meet the expectations of the community expectations of advocates and, and people who are really interested in what you're building, but yet do it in a secure manner? It's always a tricky balance right there, right. But our focus has always been, and that's what we strongly advocate to the builders within the space.


You just can't vote for six security,


over trying to ship a product fast, right?


Having one exploit in the space, and we have said multiple of that, in the billions of dollars, right? Hundreds of millions to billions of dollars cumulatively.


It negatively impacts the entire space. And obviously, there goes your protocol as well, right? Because even capital and users are mercenary within the space. So I think that's one tricky thing that we always have to contend with, right? To match the balance in order to ship products fast, because the industry moves fast narrative moves fast in the space, right? And it's a free market for all right, but yet also, to build safety, you need to securely do not have any shortcuts, right? So that at the end of the day, people using your protocol, they know that it's safe to use.


That's one one keeping that away.


And how would you overcome some of these challenges?




I think first in this space would be the boy


be able to over promise.


In terms of what you can deliver happens a lot. Yeah, it happens a lot, right? Because as I mentioned, it's, it's tough, right?


On one hand, we have a proactive community that is really excited at what you're doing. And they want to see industry, progress, fast technology moves quickly. But then again, who has patience nowadays, right. But so I think, ultimately speaking, it is about staying focused at the problem statements that you're trying to solve, right. And having at the back of your mind, that


as long as x, there's a bug, or a weakness within your protocol, there will be bad actors in the space that will also be taking advantage of it. So and think about


the long term viability of your protocol. Right. Ultimately, you're building open source debt, right? Open Source protocol, right. And it's all about network effects within the space, right. So


in order for you to gain long term,


to not just gain users, but to maintain that, as we've been in the space, without any hacks down the line. I think, as long as we keep focused in what we do, and I think there are many tools that would help, right, so like, notion has been my best friend recently, right? Where you can use it to keep track of all the different progress and timelines that you've put forth, right? Crypto, Twitter is a great space.


But also, we do have to have that cut off at times right? Where we don't get subsumed into all the noise within the industry so that we can stay focused to build a great product that everyone can use at the end of the day.


Yeah, what about you Edward? I just wanted to add that notion is also my best friend.


It's also in my best friend.


Knowing notion


thanks a lot, Luke. Yeah, that's I agree with all that.


I think overcoming said challenges right now I mean,


assuming that funding is scarce with discussed it, but like you said, you know, build carefully build strong.


Don't let anyone take advantage of any weak


He says within within your build within your product.


Get as quickly, if you're super early stage, get as quickly as you can, to a working product with active users and try and prove some kind of growing adoption. You know, this all previous concept, it's all gives you dizzy kudos going forward, keep an eye on recent improvements in technology, okay, don't be afraid to pivot to new technologies and new trends.


So always stay keep an open mind.


Built, that's just my opinion, by the way,


Bill, just strong and loyal community, it's very important. It's the backbone of of all projects, you know, it's very important to have a strong and loyal community, that community that trust you community that's engaging. So definitely put them at the forefront if you can.


So they understand what you're building.


And they're not just part of it, because of, you know, a token that's being launched, but they're actually part of it, because you're building something that they love. Okay, so education is key, in that area.


Use existing tools and infrastructure. And there's a lot out there like notion, bootstrap a lot and save time, it's, once you get going with a lot of these tools, it's, it's amazing how efficient you can become as a small team.


And yeah, like I mentioned, previously, we, you know, we're fighting against user user retention and attention, as well as liquidity. So, so build around those and try and improve those. Um, also, I also think I just want to touch on like transparency as well.


Crypto was built in orders based on the notion of decentralization and permissionless permissionless activity, right. And, but as the industry is growing over time, and you need to interact, like protocols and businesses, platforms, companies, and people, everyone needs to sort of interact with different kinds of companies. And I think this is just my opinion, and what we start seeing, you know, that everything, and everyone will require more transparency. And I think having that




the back of your mind, and when you're building things is, is important to think about,


you know, try and replicate the idea of achieving some kind of transparency, especially some of the big, big exchanges, the big platforms, you know, they're gonna go down this sort of route of external audits and things like that. And I just think from a entry level perspective, it's important to bear that in mind. And, and and built with with that, yeah.




Yeah. And this question is also forwarded about view.


What would you say to?


For those who are for those Web3builders and founders who are starting off in a bear market? What advice would you give to them?


Should I get both?


I think it speaks very well, to what we have shared


previously, right. At the end of the day, yeah, there's so many different aspects that as builders and founders that we have to be very aware of, and in the matrices, goes back into the point of


the bull market, right? Everyone is rushing to launch products, right.


And understandably so, right? The users are here, people are chasing off the next new thing.


And therefore, development cycles can be rushed.


I think there's, there's value to that, in order to ship products on time, and


to capture those market opportunities before they vanish.


But also, I think, one of the key things that we have seen in this space is


what type of


what type of protocols last in the long run, right will be protocols that people use? And ultimately, what do people want our products to people use? It will be products that is actually solving a real need within the space.


And it's not just like, products out there that is


building on a building or attention, building a height right? At the end of it, those would die down.


And what remains would be this product, actually something that people will use on a day to day basis? is it solving a real? So I think that is crucial to get clarity within the space that will set focus in terms of what you prioritize and what you don't, regardless of the market cycles, right? In every technological innovation, there's there will always be boom and bust cycles, right? But


at the end state is how can one survive?


through those cycles and continue to grow on a steady basis, I think that's something that we have learned across all technological technology, technological development. And that's something that will happen in the battery space as well, as we have seen over the past few cycles.


One aspect to the I've always held strong and dear in my heart will be.


The industry is really noisy.


Having so having people all around, and people are excited, right? So narratives will build within the space. And different narratives will get different attention at different times at different points in time. So how exactly do you find the line of a community that's providing constructive feedback, versus one that is basically just noise within the space. And I think that understanding and discerning that that's crucial to succeed. And I think one aspect, it I've always learned


from Steve Jobs, right? One of the biggest builders, that is within the space, and he has revolutionized how we live day to day, right even having to the spaces I'm on my iPhone right now. So


one aspect of what you said was that some I could write, some people see, give customers what they want. But that's not my approach. Our job is to figure out what they are going to want, before they do. People don't know what they want, until you show them.


Reason why this has always resonated with me. Instead, if you look at the innovators and builders within the space, there's a portion where it comes from constructive feedback. But to be really honest, you also need visionaries within the space that can envision what the future is, what the problem statements are, and how they can solve those problems with whatever they are trying to build within the space. Similarly, for changing


what, what we resonate with, is that


we do see a future in changing the way the world works, removing trust nears, within this current way of the web to world or traditional space, right now,


contracts where you have to trust the counterparty, right, that's where smart contracts come in handy. And that's where hybrid smart contract is going to be the future down the line. So with that, that's the reason because we believe in a trust minimized. Well, that is the sole reason why we believe that Oracle's is important, why we believe that decentralization is important within the space because if, let's say you have Oracle's that centralized,


we're in industries is very reliant on a single actor, or single source, right, that compromises the security of everything that we are building here. So


ultimately, speaking,


long story short, it's fundamentally speaking, finding the core problem, stick to the stick to your vision of the employee receiving constructive feedback, right. But most of the time, the industry is noisy. People do not exactly know what they want. At the end of the day, it is up to us to push through to them vision, right? And make it happen in real life.


Perfect. What about you, Edward?


Thank you very much, Luke. It was a great, I'll come from a more abstract angle, let's let's go and, you know,


advice to find a slot for Web3should have more groceries. And


I would, you know, I'd say embrace the bear markets, right. So as Luke said, it's a it's a quieter time to build, it's still noisy phones.


And these narratives get pushed and OneNote has moved there is a lot of noise, and then it moves on and things like that. But when the bull market returns, it will be manic, it will be crazy. And you'll be just, you know, almost keep your head above water. So now's a great time to build. There's a lot of top talent around or at least more of it around now. People looking for new new challenges. So go grab go network, it's really important. Go to events, be present at all these events. It's a great time to make noise for yourself during a bear market as it is a bit quieter. And you'll find you'll be surrounded by a lot more serious minded builders. If that's correct, you know, there's the true Web3players will stay behind during a bear market and be there.


Push a lot of content a great time. Like I said, it's quieter you


easier to get noticed, I guess less people around. But you could argue that there might be a higher chance to make noise.


And be transparent about your progress. You know, this, this will help build a community. And don't let the space


or Fudd or something you'll speculation, get in the way. Okay.


And work on your personal profile, I think it's really important. Keep up, keep your personal profile active, build a personal brand, be active and


be vocal. I think that's super, super important.


So that's Yeah, a few little tips from me from, from that perspective. Those are great. advices. Thanks to both of you. Just to finish, what excites you most in this in the Web3space at this moment?


You can start again.


Following up on what's point, right.


I find it super fascinating. I resonate every bit that


while people think of like the current downturn in the industry right now, where things are quieter.


I was just looking at a CNBC report in the mainstream media


a couple of days ago. And they were mentioning about if Denver. And while the mainstream media was expecting the industry to be in a downturn downcast, the people are very focused and, and wary about prices within that space. But the report was there, the onsite reporter, she was actually sharing about the vibrancy of the developer community, and all the different innovations that has been pushed forth within the space, right. So I think that at what point is actually a great time to build, you would see, you would sit away, and who are the cognitive builders within the space this particular time. And with that, you will build connections, right? You will get to know different people and network across different conferences. And ultimately,


it's a network game, right? Is, is all based on network effects. connecting different brilliant minds together, right? across different communities. That's where we can see things blossom within the space as well.


And ultimately, because right now, everyone who is in it will be in for the long haul. You will also then see how exactly great products can be built. With all the talents within the space. I think one of the key things of why I'm super bullish in the space, compared to


I would say maybe five, five years ago, back in 2016 2017.


It was the amount of talent pool that we have right now. Right? You see so many different


key tenants within the space. So give an example. Right? The university graduates,


the top university graduates out there within the space, I'm not saying the university to address this better than those that did not go to university.


But just as an indicator, right? People who have many options within the space, where do they go, you will see increasingly also, that they will come into the WordPress space. And that's fascinating to me to even see the newsstand. That is what excites me for what is to come just because of the talent pool that we have within the space. So obviously, it's build us back to at what point that's where you can also have a lot of chance to hire great talent, to join your team and to build it, share the same vision and build on and productive and vision as well.


So back to your point, right, Kate?


Do you ask me about what excites me most about the space?


So yeah, exactly.


Sorry. ramble on for too long. You are You are the best guests, you talk a lot, then you give a lot of very useful insights. Don't get lost.


Thanks. Thanks a lot.


Now, though, I'll put my labor as the best guest. Okay, anyway,


what excites me most about this space? Okay, so as I mentioned, right, talent pool and develop activities to remains heavily strong. So that's why I'm super excited about the space. And obviously, there's been interesting developments that we have seen even over the past year or so. Right? So give give a few examples right?


If you look at defy


we think that defy has been


out there since I believe it was 2020 20 Well, it was the device summer.


And it's only scratching the surface of what's possible. We see a lot of developments right now. Real asset tokenization which unlocks a whole new asset class out there right now


For example, like, what if I'm able to take loan off my property and have instant liquidity to it, compared to what we see the current world where you have to apply for mortgage through a bank, etc, right. So unlocking a lot of capital efficiency, and that's also what we see, not just for the agents out there. But really,


if you look into, for example, like Singapore, right, Hong Kong very recently as well, right, what they have been progressing and moving forward towards is things like


asset tokenization means stos within the space. And I think that opens up a lot more into what we can envision defy to be.


Also the which we have seen a lot of traction in the cross chain vision in the cross chain future.


It has always been an issue over the past couple of years, where depths are very siloed. And we have seen even Iran, right, where, in the bull market, where potentially there are so many different users coming on board, right? It's an it's not viable for especially for those developing countries where, let's say, for example, if I want to buy a coffee, right, Hi, Megan, spin $23 for each transaction, just to make the transfer, right, I can buy like four or five coffees.


It's not viable. So we have seen a lot of L two developments within the space, a lot of alternatively once and then a separate, totally separate different ecosystem of users. And we think that that is going to be the future in a lot of cross chain developments of how we can enable interoperability between those blockchains. That is key, right. And that's something that we have been focusing on.




you can read up a little bit more in terms of CCIP. There is something of key focus of what changing has, in terms of product developments that will launch later this year as well.


Apart from that,


there's honestly two things right to really condense everything into one.


Industries like blockchain gaming. As I mentioned, we have seen a lot of trickery in the past one to two years.


But what we have seen is that a lot of investment has been made in those one to two years coming to fruition in terms of actual attractive games that people play. And we've seen a lot of iterations of token designs, where it makes it viable to have sustainable tokenomics. And the strategy alongside of the game itself.


You see many other technologies, right that some end users will not have, like really known off but enables builders to build a lot of new use cases, things like z k proofs where it was privacy on chain.


You see things like for example, the most recent activity within crypto Twitter, B, cognitive friction, ERP, portrait, three, seven, and there has been developments over two years, right? How can we enable people not to


create wallets and having to remember, seed phrases that you have to write on a piece of paper?


So like, for example, like now, I have, obviously have a natural but I also don't have a book where I keep a record of all my seed phrases. Is that really the best way


to get new people on board? Probably not right. But we've seen that there's a lot of developments on this front enables, as I mentioned, underlying technology for new use cases, where we can build feature rich depths out there within space. nfts has been interesting as well, in terms of building community out there. So as you can see the entire Web3spaces so multifaceted.


And that's what excites me about space, right? It's not a single reason of why am I excited to work from space, but I'm looking at even over


the past couple of years, right, be it the up market down market.


People continue to build


technologies continue to develop, and it does take time for for those investments and research and development to really kick into fruition. And we'll be ready right? Where the next 100 million users the next 1 billion users come on board. Right? They will come aboard. Not just


they'll come on board solely because there's actually a real need the way that Web3technologies and solving and it will be here to stay or what is to come in the next 1020 30 years.


Drop the mic, Luke


I got


The seven might seem and my, my status right at the best case.


Yeah, definitely I can I can follow the passion energy lesson.


But Katrina should I go? How do I follow up? Now, if you're the last one


that Luke Thank you seriously, you get insights I love hearing your views and what excites you most in that genuinely I can feel it, we can all feel how excited you are.


So it's, it's nice to, to get your opinion. I mean, for me, I agree with a lot of that. And, you know, from a personal perspective, I'm a really, I'm kind of an impatient type of person. So you know, I'm constantly I thrive under, like, literally, there's a guy called mogul that or Muhammad God that I don't know if anyone knows him. But he's like, quite cool that he comes up with theories and philosophies about certain things. And one of them is, you know, as a human, you're, you know, you perform best when you're when the tiger is attacking you, right. So when you didn't that like fight or flight mode, and I feel that's what that's what I like about Web3is that there's so much to come. And there's so much excitement that whichever route you choose, you're going to find it exciting, and you're going to, you're going to learn a lot, and there will be barriers, and you will have to overcome problems and find cool solutions. But


in general, like from my perspective, that's what I love about it always changing and always, always adapting. And it's only just the beginning.


Is there a knowledge? Let's talk a bit about that, right? I mean, there's a clear path to to mass scaling in z k, is a clear infrastructure now that will allow for mass adoption. That's super exciting.


A bit of what Luke said as well, like, just look at, look at the people in it now. And you know, East Denver was last week, there were 30,000 people attending in the middle of a bear market, right. It's huge in a serious builders coming from all over the world congregate that.


From the Poolside accelerator perspective, we opened applications, you know, just before Christmas. And we've seen hundreds come through the ideas are amazing, the, you know, the challenges their founders are setting upon themselves to go and go and achieve that we can see through these applications and having spoken to them. So exciting to see what people are working on to see what they're trying to build for the future. And referencing you know, your Steve Jobs quote as well. It's like, it's, it's great to see that they're not just solving problems that are here right now that we can see in front of us. They're almost building for those


in anticipation of them, right.


And what I also love is like, it's the bootstrapping element that we're seeing now we're seeing a lot of


growth coming through, take, take, take the one inch example, right started at the hackathon. And at a hackathon, a group in a group a group of devs and look at it now and also treasured up in a huge protocol, big project. Again, same thing just started grassroots level and grown into


a machine. And


it's this like community aspect and the coming together of knowledge and the the infrastructure that's here. And the mindset that's here within Web3that is very builder orientated and it's very problem solving orientated. I love it. It's very exciting.


Thanks to both of you,


for your for your very useful insights. This will be the end of our Poolside session. Thank you, Luke, for joining us, I'm sure you'll take the badge of best and most passionate guests ever.


Thank you.


Thank you for joining us.


If you want to learn more about chainlink labs, just follow them on Twitter and visit chainlink I believe that you are currently hiring for your engineering and product teams right


now, we're always hiring. So happy to have all the talents come into the space right? We're more than happy to we have many problems to solve. And obviously we we need as much help as some kid talents coming on board.


Great. And if you have any topical guests he would love to hear on the Poolside podcast. Just drop us a comment on Twitter with your suggestion and use hashtag shoe side pockets. In case you've missed this entire live session, make sure to subscribe on Spotify, Apple or Google podcasts and listen to this one and many other insightful episodes. I will see you next week. Bye. Look. Bye Edward. Thank you


guys. Appreciate it.