Vladimir Nikitin on SpaceSwap’s DeFi platform and SpaceLend

0:01i'm ashton addison from eventchain for investmentpitch media in the crypto coin show and today on blockchain interviews we have vladimir nikitan the ceo of spacewhop vladimir welcome to the show and thanks for taking the time to be here today hello western thank you for inviting me it is really a pleasure to talk with you and be here likewise i'm excited to learn more about

0:25space swap and what your team is working on in the d5 space if you could just start with what is the overview and the focus of space swap yeah of course facebook uh as you like to call it is a one-stop station for major device services uh uh we launched uh at september uh last year and uh we launched september last year

0:54and uh uh we launched this yield farming yield farming protocol and every month we adding new products into our ecosystem we expect they can issue any tokens can sell them and uh can do that many actions like on many nfp marketplaces

1:22so i i truly believe that we are building a really a good and big ecosystem for device plates and tennessee space as well and we have launched a unique larger unique technology shadow's taking uh it is it it brings out it's uh it was an indicator for

1:50successful project we have get many we have got many attention from the community uh farm uh tokens uh from the mosque for example or any any other wallet so it is totally safety for users that if our smart contract will be hacked uh users will not lose any money if for example fico finance or car

2:19finance field you'll use uh this system uh it can help to avoid the effects and uh loses of uh people's money that's great so you mentioned that you have a variety of products and that when you launched last year so you have swaps uh you have farming and you're building out the lending platform is there something specific

2:47about econ gives you a competitive advantage in the space yeah thank you for the question here i believe that we have a few unique features uh probably a combination of all features and products makes us truly unique spacewalk with a user-centric project so we introduced shadowsticking as i mentioned

3:13in the smallest potential about hacking and blues lp tokens so it is a main feature i believe for now and we are distributing milk to tokens for among among shake holders we have interesting economic with the two tokens uh milk to token is a farmable token and shake talking is

3:40like restricted token with a restricted amount it is possible amount fleeting supply maximum weighting supplies 10 000 shake tokens and now in circulation around 675 first opponent say also distributed uh as well uh not to talk it's additional and uh we are trying to build uh

4:10many other device services in our platform so it is a unique thing that we are accumulated uh accumulating all device services interesting the two token model and i do want to dive into that uh in a little bit here now right now the majority of d5 services are all running on the ethereum blockchain but there are high gas costs and network congestion

4:37i'm guessing that primarily you're settling these defy transactions on ethereum but um do you have any solutions for the network congestion or are you looking towards you know blockchain interoperability with more scalable layer two solutions or other blockchains as well uh yeah exactly because we had a terrible time when uh return transactions costs uh

5:04very high and people stopped using our platform because the ethereum transactions and we decided to launch our space buffer now the next i think will be before and of this month we will launch a phobia chain as well it is like a proof of authority blockchains

5:30and they are similar to bacterium so it is a user friendly for ethereum users to use the nas chain and for the exchange so i'm sure that uh our users will not have any problems to use beyond smart chain and for the exchange when we when we launch for the exchange as well well that's great to know and yeah binance smart

5:57chain has been huge up and coming in terms of you know taking more of that liquidity and transaction volume away from ethereum and it seems like it's only continuing to grow so that does seem like a pretty smart decision now can you talk a little bit about any partners or investors that you have so far in the project or ones that you're ideally looking to partner with

6:20as you go forward yeah of course uh i want to start that's the from the beginning we had a fair lounge with our partners together without any investment and uh we are still building it but uh for now we are in touch with a few venture capitals uh discussing

6:46their uh the possible deals about investment and it is about investment and about partners that will get partnered with many different majority five project like uh snow swap curve mid cash cream finance uh search and many other projects so we what what the partnership was about

7:17it is that we agreed to help each other his development his technical sites and we issued partner partnership cards and this partnership energy finish department cards allow users to farm new to talking small new tokens so it is was the first step of our partnerships and i believe that

7:44we will bring new partnerships and we will expanding our current partnerships well we're the major milestones for space swap coming up in q1 and q2 for 2021 yeah the key products which we are building is a as i mentioned spaceline

8:11and i totally believe that nft marketplace which are building it can be a really huge product and i bet that it will be a major major product in our ecosystem with any boom boom service now and many artists uh be untouchable with many artists like djs painters

8:40museums and many others vladimir how can viewers learn more about these updates and get involved with the community oh yeah thank you uh yeah uh all updates we are updating in our blog and uh telegram uh at website you can find our blog blog the space for touch up and uh in our discord to tv gum channel we are

9:09providing many uh many insights and many uh updates in our telegram and uh i'm personally in these telegram groups and time by time i'm interacting with our community so uh you're welcome to join our children group and i will welcome all new gunners great well thank you so much for the

9:37information on space swap all the best with the project moving forward and thank you so much for your time christian thank you for uh thank you very much for invitation and it was a great time great great interview it was a nice talking