Shibtoshi on SquidGrow enabling private crypto swaps across chains

0:01I'm Ashton Addison from the cryptocoin show today on blockchain interviews we have shib Toshi CEO and founder of squid grow chip tooshi thank you for taking the time yeah thank you for having me man it's a pleasure to be here likewise you know I've seen squid grow around I know there's a huge ecosystem full of different parts and and you guys have a

0:20good ideology and what that I think and where blockchain is going and should be going um I'm excited to dive into all of that today I know there's a lot of latest updates i' love to start off uh from a high level for those who haven't heard of squid grow or don't know about what all of the ecosystem encompasses a little bit about each of the parts and

0:40then we can dive into the most important details yeah so first and foremost uh squid grow launched in June of 2022 and obviously we started out our early days as a a meme token but we had very early Ambitions to build high level utility so recently we've kind of adopted the mindset the mindset that we're a meme utility token um we launched on the BSC chain and about a

1:07year into it we uh launched another sister chain on ethereum and so we were multi-chain for a while and very recently we migrated again to just ethereum um just try to mitigate all the Arbitrage that was going on between the chains um you know we knew there would be some kind of level of Arbitrage but you know try to minimize it the the most most that we can so our home our home

1:32field now is ethereum that's where we're at U you know we had an emphasis on building Community obviously I think everybody in the space knows that Community is key and without um good support from your community you really can't it's really hard to gain any momentum because the community day in and day out they're the ones spreading the message spreading awareness of what

1:53you're working on and um you know that's how you get out of that algo that you sometimes find yourself stuck in yeah no I completely agree and I think that's a smart choice uh go sticking to ethereum that's where the network effect is and um you know no no blockchain's perfect but I think the the communities is the longest standing on ethereum um and I

2:15love that it's a meme coin but there's also utility and I think that's really important um because if you want to last for longer than you know until people get bored of sort of a meme coin that really doesn't have a purpose behind it I think that squid grow has a lot more of a purpose between the applications that are being built on the ecosystem yeah I mean obviously memes you know um

2:39memes are good for quick xes and quick gains but after that initial hype phase kind of comes and goes you you got to have something to fall back on and for me in my belief it's utility but it's developing utility that actually has a strong use case to the masses so that's kind of where our emphasis is um you know but you got to have a good balance of both because you know obviously

3:03obviously there's a meme meta and you know there's a lot of meme tokens out there that do amazing things but in a lot of cases or in some cases after that initial hype phase Fades away what do you have to fall back on and for me as I said a little earlier I think it's utility so that's where our emphasis has been we've been building utilities uh through the bull Mark excuse me through

3:24the bare Market um for the last two and a half years and um you know we're getting ready to drop one of our utilities that I'm actually really excited about silence swap so I'm sure we'll be talking about that here shortly yeah I know that's very exciting and I think when I look at utilities or some of the most important functionalities of blockchain right now obviously

3:44decentralized exchanges being able to tra trade different coins uh nfts is a great use case as well um and swapping especially when there's multiple blockchains involved and there's all these different Chains It's like how can we do it easily and I think if you can combine community and mem coins with these kinds of applications that are the most important functions of

4:05decentralized Finance I feel like you have something really going on there yeah I mean I completely agree with that you know um you know one one key thing to keep in mind obviously is you know I feel like there's a an importance that everybody needs to have and retain access to their keys because if you if you trade solely on a crypto exchange obviously not your keys not

4:29your crypto and there's been um many examples of crypto exchanges going belly up taking your money and just because you show a balance in your account doesn't necessarily mean that you have access to those funds it's the it's the exchange itself that holds those assets so unlike a custodial wallet you know you can move them in an instant you know you don't need anybody's approval you

4:50don't need any kind of authentications you don't need anybody to sign off on it and I think that's very important in this space especially like you know FTX for example I mean look at how many people got wrecked with that whole thing everybody showed a balance in their accounts but when there was a liquidity issue there wasn't enough liquidity for anybody to get their money out so you

5:10know um for me kind of like with silent swap um you know I felt it was very important that the user maintains complete control over their assets every step of the way not being dependent on any kind of third party uh taking control of their assets and you know that's kind of my mindset uh the attraction to crypto for me in the early days was obviously ly you know stemming

5:32the 2008 crash that occurred when I got into Bitcoin in 2011 you know my attraction to it was you know there is no big brother that can come and essentially take your assets away from you you know um you don't really necessarily have to you know I mean now keeping in mind you know crypto doesn't have any FDIC but that's only good for about 250 Grand anyway but the

5:53attraction to me was just the the the Pioneer idea you know of the underlining technology of of Bitcoin point I think that you know I I thought at the time that you know it was really what the world needed and obviously it took some time for the crypto to catch on but look at it now you know bitcoin's trading around $75,000 you know back then it was

6:12a couple bucks so you know I think more and more people are starting to catch on and realize the need for crypto but also they need to remember that you know although it's easy to go into an exchange and you know create an account you know you don't hold your keys and that's important that's why you know self custody is the way to go in my personal opinion yeah no I completely

6:33agree uh people need to understand both and you know sometimes it's fun to to go on the exchange but yeah when you have everything on there including your your you know for FTX people all of your funds and your salary and everything um you know that's a huge risk and obviously uh having non-custodial in there uh where you control your keys you control your coins they can't be moved

6:54around um that's very important and and I'm guessing that's you know part of the ethos of of Silent swap um if if you could talk a little bit more about you know how exactly it works obviously I'm guessing you have your your keys you can go and you can swap and there's no counterparties that can ever move your coins um and and what else is there to silent swap so first I will say that you

7:17know I think the um the when when somebody hears about a privacy crush and aggregator they're going to instantly think about tornado cach so real quick I just kind of want to point out the difference between the two so tornado cash you know obviously made its reputation in space but tornado cach was a mixer and I'll give you an example so if you've got two miners let's say two

7:37people that mined maybe one Bitcoin a piece and they decided that they didn't want to connect that wallet to another wallet they were using something like tornado cash and then you have some illegal entity that is also utilizing tornado cash you're putting clean Bitcoins that were just mined into tornado cash and it's mixing with this dirty crypto that's you know tainted and

7:58you know the byproduct of that is now you know you might have tainted pieces of your sh Shoshi in this Bitcoin that you now have and um you know so essentially you have dirty money so to speak and following everything that essentially came from Silk Road and the court case with that the go the United States government deemed that any crypto that or any Bitcoin that passed through

8:21Sil Ro Silk Road can be forfeit to the United States government and so a mixer essentially is just mixing everything together and you're able to which all it as you please with silent swap it's quite a long spiel but you know it's a privacy Crush aggregator that is decentralized trustless and non-custodial and a highlight real quick is on silent swap is we're not taking

8:44users funds and mixing it together um as I said it's truly non-custodial so you maintain control of your assets every step of the way it's not mixing with any other counter part um and I will also say that we have a United States legal opinion in the United States that deems that we are in compliance we have ofac implemented on the platform as well just

9:03to do the best that we can to make sure that bad actors aren't interacting on our platform so we're doing the best that we can and then we kind of for security obviously we have multiple audits on it hacking uh we got a perfect score of 10 on it but um at no time is your your crypto assets intermingling with anybody else's I mean it's you have custodial of it now the the backbone of

9:25Silence swap is secret Network secret network is a privacy blockchain and that is the Privacy layer that we have partnered with and have used on this platform so you know essentially you go to silent swap you connect your wallet and you essentially put your outputs of you know what you're starting with what you want to go to um and you initiate the swap um obviously you have a couple

9:48signings that you have to do and it will move your assets through the different bridging and swaps that are decentralized to get it to where it wants to go and it kind of breaks um the the trail so to speak when it gets to the secret Network obviously it's a privacy chain and you know when it spits it out to your designation address it's it's very hard um to trace now I can't

10:11sit here and guarantee that it's you know untraceable um that would probably be setting myself up for some kind of legal um implications or some kind of feature legal battles but you know um what it does a really good job at breaking that obvious connection on the platform and something different about silent swap is um as of right now it's all evm compatible we are working on our

10:35V2 that will incorporate native Bitcoin and salana but um on most platforms that are custodial based privacy cross chain aggregator uh you can only do from wallet a to wallet B you know you move from one wallet to another wallet on silence swap you can split your assets up to 16 different wallets uh as of right now it's eight different blockchains and uh you know every asset

10:57on that blockchain so let's you know if you have $116,000 and you want to split it up press 16 different wallets um and different assets you you have the ability to do that on the platform and you know this um we started building this application about a year ago it'll be a year in December and um you know I quite frankly I was just tired of my assets just being tracked around I was

11:21tired of being busted I was tired of you know sending friends and family money and their wallets are being tracked because one of my wallets are being w in their internal addresses are getting docks which is essentially connecting all the Clusters together that's ever interacted it's it's a problem so I started looking for a solution on how we could go about building something that

11:42would allow a level of privacy because you know everybody said in the early days that you know Bitcoin is private it's Anonymous and yes that's true but when you know somebody owns an address you can then track that address and um you know I think that you know the focus is starting to turn towards privacy I I don't think anybody in the world would be happy about anybody's zel or vinmo

12:05transactions being tracked and being opened and think thinking about it a little more when crypto is a little more widely adopted you know maybe you're you you're paying a doctor's office in crypto and um you know the you don't want the world to see that you're interacting with the doctor's office or maybe this address is tied to a specific location this specific office you know

12:26that would essentially docks your location if you're interacting with a a business that's in this area people might think that you're you're located in that area and I'll go a step further in New York slum Doge millionaire who uh gained notoriety and his reputation with his Diamond hands of of Dogecoin he's a good friend of mine in New York um he went to a pizza place and he bought

12:46pizza with his Dogecoin so obviously slum doge is different from myself in the way that you know obviously he's not Anonymous but there's a security risk there because at that point in time when he chose to transact from his doge wallets which are being tracked to this location in New York it told the entire world that that's where he was at that point in time and that's a security risk

13:10um you know and this is another you know underlining potential use case for something like Sonic swap if you're just trying to transact privately you're trying to OBS escate your your location or doing business with local entities like you don't want everybody to know your business so you know and so going into into this I I wanted to try to solve that issue of you know how we

13:34could do something on a privacy level but also allow users to main maintain control of their assets every step of the way and there wasn't anything out at the time and there's still as far as to my knowledge there's nothing out there there there are privacy cross chain aggregators out there but they're utilizing apis and centralized exchanges so obviously you're giving custody of

13:54your assets to The Exchange The Exchange does all the swaps for you and then it routes your output token to the wallet that you designate but you're still giving up that control and if you've ever transferred any kind of assets for any prolonged period of time and you know estimation swap times 16 minutes and it turns into three hours you start sweating a little bit you're like man I

14:14I sent my crypto to a third party like what happens you know if if I don't get my assets with silent swap you keep uh absolute control of your assets and if you ever need to you know stop the process and revert it back you you have the ability to do that so and you know we are in beta right now for silent swap but we're always pushing the envelope to

14:35make it better and we have already started our V2 solution which is just going to be even bigger Game Changer so very exciting that that's uh that's incredible ship toosi and there's a lot of different points to cover there I think an important one you mentioned at the beginning there is that that you're not mixing with other people's funds because who knows where other people got

14:56their coins um they're your coins being transferred and and you have control of them um and so that combined with the second part you mentioned about trying to follow uh you know the ofac uh regulations and and and follow all the rules um I think is important and you know I have a question in relation to that because now we've just seen a huge Pro Bitcoin uh president and the

15:23administration of the US it seems like a lot of them are being uh Pro crypto which is exciting um and we can hope that that's going to help the industry overall what are your thoughts on um how crypto could benefit from this and also the technologies that squid grow is is working on um do you think uh the administration that's now changing over you think that's going to help the

15:45industry overall and these Technologies yeah so um in the Nashville event um Bitcoin Nashville Donald Trump um did a uh did a speech there and he made mention of you know Bitcoin reserves for the United States that in it is massive and now that Donald Trump is going to be the acting president for the next four years with his crypto stance and everybody surrounding him such as

16:09Elon and everybody else I mean I I think that we're going to see an uptick in kind of how at least the United States perceives cryptocurrency because uh for the last four years it's been a very negative thing for us right as we've seen over the last couple years it's regulatory Frameworks come out that's made it a little more harder for us to to interact act in the in the United

16:30States and um you know now we have somebody in office that's kind of pro crypto I think that um you know it could be it could be good for the crypto as a whole and the rest of the world and you know with him saying that he's interested in a Bitcoin Reserve potentially I mean that's massive in itself you know obviously there's other that have already adopted crypto and

16:52Bitcoin is the currency in some of those in some of those countries um you know if the United States gets on board with that it could be massive for the space um I think at this point it's just a matter of time you know before um obviously we've seen the Trump pump you know after the election I mean Bitcoin hit all-time high I think $76,000 we're tra 75,000 right now so it's definitely

17:17a good uptick but you know something um you know and this is a hypothetical use case but you know let's say we have a government that has adopted uh cryptocurrency you know maybe they don't want the other uh countries in the world to kind of see you know what they're doing with their Bitcoins you know and in this hypothetical situation Sil swap could be a solution for that it would

17:40allow a government to to move assets around in a private manner where you know everybody else in the world could not see what they are doing and where it's going you know maybe you know maybe you know the US doesn't want their Bitcoin wallet Reserve Bitcoin Reserve wallet known you know um definitely you know it's one one of the many use cases that could come about from this I mean

18:02obviously that's you know I mean you know a stretch but you know hypothetically it could definitely be a use case yeah I was I was thinking the same thing like obviously big governments although you know public uh public officials you know you they should be accountable to the people so maybe we should be able to see it but also these major institutions as well um

18:25I can imagine as a lot of them understand you know they have ETF uh Bitcoin positions and they're like we should get actual Bitcoin but we also want to protect the privacy of it um is there uh you know does the technology work the same if you are trading you know $10 versus 100 million with an institution correct so on on silent swap um V at least V1 um we have a Max

18:50transaction cap right now so um contingent on GMP Express which allows and this is one of the ways that our platform is so fast um you can do a transaction in a matter of 15 minutes from start to finish on ethereum um so obviously we don't have to wait that 30 30 minutes for the the block finality to um finish but we have GMP Express so with our current GMP Express we have a

19:13Max transaction um cap at $220,000 right now per transaction um I have personally tested $250,000 transactions through the platform now obviously that was outside of GMP Express so the transaction itself took about 30 40 minutes in the very uh the various instances that we've tested and so we've kind of just kind of capped it so we can always deliver on

19:36that really quick uh turnaround time nobody wants um you know to to sit around waiting for their assets although you have complete control over your assets over the step of the way you want to just get it done and over with right maybe there's a project you want to get it funded so for V1 we have a cap at at 20,000 so it would not be possible obviously right now for hundreds of

19:57millions of dollars in a single transaction but V is a complete Game Changer and um you know that limitation will fall away but for now it's a $20,000 um max transaction but we've very thorough thoroughly tested uh numerous limits but I just want that quick and a responsive turnaround and the the the cheap fees and um you know that's another highlight on our platform

20:23to as just an example to move $10,000 on our platform it cost you about 80 bucks um there's a 05% fee that we are implementing on the platform to start out with so our fee off of a $10,000 transaction is 40 bucks the other $40 fee is going to be gas bridging fees so on and so forth because we use these decentral BR Bridges and swapping mechanisms to facilitate the swap so

20:48there's a fee um you know you know that that incurs with that but some of the compet competition for $10,000 you're going to be paying fees of upwards of used to be 600 bucks but I think they've got a little more competitive it's about $400 now and you know you're looking at every bit of at least 30 40 minutes to use these platforms and you're giving it

21:08to a third party so you know with the V1 we wanted to roll something out that was quick and efficient and um you know cheap and you know aspects of Silent swap is we are always looking for Arbitrage opportunity so if you use the platform sometimes you'll see a green number you know in the feed break down that's because you gained somewhere so we are arbitraging different liquidity

21:34pools so if we start the process and the platform sees that there's a better opportunity over here it will Arbitrage that to gain you know so in the early days obviously there was you know 20 30 $40 gains that you could see we're not really seeing that anymore the gains we're seeing you know are you know minus School a couple dollars maybe $81 $122 but that takes off of the overall fee so

21:57you know that $80 Fe now is essentially 70 bucks so but we can only we're always going to approve upon that so V2 I won't get into a lot of details on that but it's going to be an absolute Game Changer I'm very excited about that but we we first need to get V1 out and um at this point in time just with the beta when we when we initialized the uh beta

22:19during token 2049 uh we've done a little over 400,000 or excuse me four 400 transactions um excuse me I'm sorry I got that wrong we've done over 600 transactions for a little over 400,000 in volume so there's not been a lot of volume ran through it but you know it's the beta it was the time that you know we wanted people to come in use the platform try to break it so we can

22:43improve upon it and the platform for the last couple weeks has been extremely stable we haven't had any issues with that with it so far so I'm you know getting close to pulling the trigger on it actually got my entire team out here in California for this event that we're doing with secret Network and we're going to be having a lot of discussions about you know the upcoming weeks for

23:01Sonic Swap and hopefully uh you know we we push it live here real quick yeah no that's very exciting and that makes sense um to you know obviously there has to be a little bit of fees especially when you have gas bridging and the the value of having that privacy there's an intrinsic cost in that that is I'm sure worth it for many um and you know one

23:21thing that uh you kept mentioning is you know you just you want to get it done you want to make it convenient uh which I think is important for adoption of anything to have it easy to use low barriers to entry um how much of a focus is on that as as everything gets fine-tuned and then it you know or or is it like the technology is is good enough people will come um but how can you make

23:44it so that it's like easy to use I mean it's pretty straightforward to use now I mean we've made everything pretty much self-explanatory if anybody's familiar with a simple swap the platform is very very easy to use I mean it's essentially you go to the plat you connect your wallet you got your input token your output token and you just initialize um and it does

24:04everything for you and it shows you the process as it goes like it will show you literally like every bridging and swap that is occurring you know everything converts to usdc and that is how we are able to Arbitrage the different liquidity pools because usdc stays pretty stable but maybe there's an Arbitrage opportunity over here with wrapped Bitcoin right and maybe we can

24:25Arbitrage for a gain right there or maybe there's an Arbitrage opportunity for ethereum or or any of the other assets that are out there so we convert everything to usdc that's what utilizes GMP Express and um you know but it's very common to see like the assets you know flip-flopping to different things and that's us arbitraging the different liquidity tools um but the platform

24:48itself in my personal opinion um is pretty straightforward it's pretty self-explanatory it's not very complex um you know I think that users will appreciate you know how simple it is uh to understand kind of what's going on and like I said if you've ever done like a swap within a wallet and you're converting you know e to B&B I mean it's really that simple you input token the

25:08amount that you want and then you you know you can just start the swap you also have the max the max function that you can essentially you know send everything in the origin wallet if you want make it easy or you can split it up I mean it's really straightforward we put a lot of time energy and effort into this and we've gotten a lot of feedback from not only uh the squid grow whales

25:26but also um all the beta T testers as well and community members in Squid grow and you know we take into consideration all the feedback that we've got so you know we're utilizing that time to make sure that it's the best that we can possibly roll out at this point in time you know I don't think it's ever going to be perfect um you know I think anybody that rolls something out and say

25:45that that it's perfect I think that they they lack long-term you know uh mindset on it and Views but you know it's the best that uh we could do for the time being and we know even better than than B1 is going to be B2 so um you know it's just a continuous moving forward and trying to you know Elevate this into the masses to see that you know I think

26:11majority of the space actually know that you know they they want privacy so I think this application is going to come during the perfect time I mean obviously the Market's cooking right now and uh you know there's a lot of profits that are going to be flowing here pretty soon and you know maybe you don't want you know your profits to be connected to a

26:28whale wallet that you you know made money on you know um something like this allows you the ability to kind of split it up or you know another use case for this is like myself you know I I've been using it to do payroll for my company you know my entire team um instead of having to you know transfer money to The Exchange and send from the exchange or

26:50transfer into a fresh wallet and then pay everybody but it's essentially everybody's wallets are connected to that that pay wallet I can very easily go to silent swap plug in different addresses different pay amounts and initiate a swap so I think there's a strong use case for for companies that have payroll in crypto as well also VCS you know if VCS um don't want their

27:11competitors to see them like kind of jump into different positions they can kind of use silent swap to kind of cover their track so to speak so there's there's many many use cases and one of our partners um zebu they're a telecom um company and they they settle these contracts and you know they're doing 15 to $20 million in volume a day um so far to date they've done over $4 billion in

27:35volume in the last year that they've been around and you know how the partnership came about was you know their customer base wanted them to implement something that was a little more private so the the compet competition of everybody uh the competition of you know uh their customers can't follow their tracks and you know we engaged in conversations and

27:56eventually we locked in a partnership so um that's another massive one and we have another equally massive partnership cooking right now they're reviewing the contract it's too soon to speak on who they are but uh this company uh so far to date has done over one and a half billion in volume as well so you know Wy to get integrated uh into different applications you know I think um you

28:20know will be good for the the community and how silent Swap and all of our utilities kind of tying together is obviously silent swap is a a revenue generating platform and percentages of all the revenue from uh collected from our utilities a percent of that will go into the chart in the form of a buyback or liquidity injection now we do have other utilities we're like partnered

28:39with Mike S Miller from DC Comics and he he's uh comic book writers from uh DC Comics and Game of Thrones he did all the artwork from them he's done our nft collection and you know we developed an nft Marketplace as well um but obviously this isn't the nft market right now so we kind of put that on the back all focused for us is on silent spot but my

29:00my point with saying that is all of the utilities that we ever develop at squid grow U the the token itself will benefit from revenue um share essentially and you know percentages of everything will go into the chart and I think that you know um that is an attraction obviously that is me so one thing to note real quick so we've been around two and a

29:21half years and when we were a tax token 100% of the tax went to our liquidity pool the project itself did not collect anything I have self-funded everything out of pocket for the duration of the project and uh obviously these Revenue generating utilities is how I start paying myself back so with the Rev share um you know it's just essentially me taking revenue from a utility that I own

29:45in buying an asset that I really believe in being squid grow so there's nothing really more to that but the byproduct of that is you know that benefits the community yeah no I I I agree and I'm glad you mentioned that that was going to be my next question was and at the beginning we said okay it's there's a meme coin with utility and that's actually the squid grow token that's a

30:06part of the ecosystem as well so I'm glad you mentioned that about the buyback Revenue share um and you know it makes sense that if you're utilizing silent swap uh you're a part of the squid grow ecosystem then you're getting involved in in the squid grow token and you know if you're doing transactions the transaction fees are actually going towards the buyback of the token um

30:25you're sort of like fueling it um so that's really cool I appreciate you mentioning that um and I'm really looking forward to to to V2 um because it sounds like you know whatever small restrictions on the testing that you that that you had uh with that you know $400,000 that's gone through tested it now it's time to take it to the next level um right at the perfect time I

30:47think as well because of the market is now uh fueling uh profits into the market and I think people are going to be wanting one of the use cases is to move those profits around so I feel like uh the timing is pretty good what what do you think about the timing of uh Q4 and and q1 2025 for where the market's at and and how the timing of of V2 is launching so obviously V2 is under

31:10development right now and I won't speak on a timeline on that but uh we're trying to get it out as soon as we can but keep in mind you know we've got to fully launch V1 um but there's definitely a lot of upgrades on V2 you know one of the things is you know we're looking at gasless transactions which is which is huge um so there's a lot of things that are essentially you know

31:30coming out and evolving in the crypto space um you know essentially week by week that obviously V1 doesn't have you know one of the reasons why um you know we've taken so long on B1 is as we were gearing up to actually push V1 live while we were in Texas for consensus um we decided we were going to implement GMP Express and cctp and um you know those are those are things that were

31:57relatively new and what that did for the platform is obviously took the platform um transaction time from 30 minutes down to as little as 6 minutes depending on the the the um blockchain that you're utilizing you know obviously B&B um is very cheap very quick you know so um you know those those type of blockchains like you can transact very quick obviously for me I was trying to get the

32:21transaction time down for ethereum and we've been able to do that so you know we're looking on at at on average 8 to 20 minutes um so it's still relatively quick but my point is saying that is obviously you know there's certain things that we definitely wanted to integrate into V1 and cctp and GMP Express being one of those but V2 there's so many other

32:41features that we want to implement but we just did not want to push out the launch time any further so you know we just decided that we were going to launch V1 as is and obviously with some small improvements and then you know roll everything into V2 to just kind of just hammer it home and make it the best that it can possibly be but with that said you know although we're already

33:03working on V2 there's going to be a V3 I mean we're going to just continue to improve upon it as we go so I mean it's not just like something we've roll out say we we came we did it it's something that requires a fully dedicated team fully dedicated team of developers and I mean it's a full-time job you know so yeah you know it's just not just a little side utility that we're launching

33:26just to check the box to the community that you know we put a utility out anytime that I'm funding a utility build we're putting a lot of due diligence into it into it we're looking at the the this Market sediment and trying to you know decide if if this is something that could be useful and could this generate revenue and everything that we've undertaken you know checked all those

33:47boxes so we started the build process so I'm I'm very excited for it as far as uh Q4 goes I mean dude it it's starting to it's starting to cook right now you know I mean especially following the elections I mean Bitcoin had a crazy movement and I think we're just getting going I don't like to you know talk about price predictions and whatnot but I think you know over the course of the

34:09next couple months especially after the new Administration gets in um I think it's going to have a very very positive impact on the crypto market and you know that's very beneficial you know to the entire world that that dabbles in crypto you know such a small percentage of the world right now you know is even really aware of crypto yet alone holding crypto

34:28so there's so much more definitely come to the market and that's good for everybody you know you I think the an a point an important tool to anybody that's involved in crypto is dollar cost averaging I mean that's a real thing I mean there's been many many times that I've wailed into a project and just the price tanked and I've just lost my lost my my shirt you know but dollar cost

34:50averaging helps helps round that out so you know I think there's a lot of uh lot of potential here for the crypto Market with everything um coming in you know the later uh you know Q4 so I'm just very excited I think next four years is going to be an amazing time for us in crypto yeah no it's it's very exciting times and um I appreciate your insights into uh the

35:13Privacy uh and swapping functionality which I think uh is will be very needed and the demand for it will only grow as more people get involved and as you reiterated there so many people are just just starting to hold crypto and then when they want to find out about other coins then they realize oh I need something you know to to to swap silently into those coins and this is

35:38where that technology comes in hand so I'm looking forward to checking out all the future iterations so for right now with the community which obviously you said Community is very important what is the best way to get involved with the community or help out with the community or just go and and try the V1 to use silence swap so um so our Squid's website is squid grow.com and on that

36:01website you can find all of our social media links um you can also find us at Twitter our Twitter is squid grow um we have a verified gold check and from there you can find our telegram group telegram is where we're mostly active um don't fall for any of the impersonating accounts like squid the squid grow channel has a verified blue check um so that's how you know you're in the right

36:26one um and then for silent swap information you know our website is silent swap.com and our Twitter account for silent swap is silent Swap comom all one word and uh you know obviously now uh for silent swap we're in the beta version so if you haven't signed up for beta you can go um to the website and and sign up for the beta version and we are whitelisting and

36:52sending out email notifications um you know by the by the thousands every day so every day you know we're sending out emails to everybody that signed up so they can come and and try the application I think we've done um about 8,000 emails right now uh Whit listed about 8,000 addresses so you know we're just getting going um at the time that we launched the white list we had um

37:1520,000 signups obviously secret Network our partner had you know helped us run campaigns to spread the awareness and you know been a very valuable thing for us you know shout out to Lisa at secret Network um I mean they're just you know our our Visions just align you know they're all about I obviously with the mask you know enjoy my privacy so yeah definitely that's uh where you can get

37:40going um you know from there you can find our verified uh YouTube page Tik Tok page Instagram page uh you know on the website so you know our community is amazing shout out to the squid grow Community day in and day out they're out there spreading the message and spreading awareness I mean mad respect to every everybody I mean that is exactly what it's about you know as I

38:02said very early on without Community you essentially have in my opinion you don't have anything you know what I mean the gives the team the purpose to get up day in and day out deal with the stresses dealing with the negativity to go out there and work for these people that you know put their trust in us and I think that's something that you know we

38:21haven't seen and it's been a couple years since 2021 and you know obviously I missed 2021 you could just throw money in anything and it was just crazy gains now the Market's changed there's a lot of Bad actors and it's really hard to find very solid products and projects um you know and the my purpose and focus on on for squid grow was you know to you

38:44know kind of have the mentality of Community First so you know that's been um our mindset from the very beginning and you know I mean we previous to uh migration we had about 23,000 holders um we migrated so I think maybe about 4,000 of those holders have migrated over to eth right now obviously there's no claim time they can claim whenever they want

39:05but you know we have a telegram that's got about 9600 people in it and it it's just like you know day in and day out just you know they're just in there spreading the message and you know just blowing X up so shout out that's awesome yeah I've seen I've seen the community on X uh touting squid grow and that's great and I will leave a link to uh the the xplatform and the website links that

39:32you mentioned uh and and so that people can check it out and of course make sure that they uh you know look for the legit socials um and but it sounds like you guys have a great Community I've seen them around I appreciate your insights into this and your dedication towards building a technology that's going to help people and and change the future so

39:53thank you so much ship Toshi for for coming on the show and I really do appreciate you taking the time thank you for your time thank you for um the the outlet to come on here and talk a little nonsense you know and uh you know it was a pleasure this is my first uh video interview so this is the first for me so hopefully we can do it again I really appreciate you and it was a

40:15pleasure