What's Next for @PheasantNetwork and PNT

Alright, let's start. Hey everyone, welcome officially to today's Kukoin X-Pace. If we start, let's draw a picture. Anyone who moves funds across chains, know how annoying it still is. You bridge on one app, you run out of gas on the destination chain, and you end up with five tabs open just to make one trade. Today, we're talking with FESET Network, a team taking all of that cross-chain friction and putting it behind a single AI powered super app. Before we jump into the questions, let's pass the mic over to Tomah, our guest from the Vesent team. Welcome in Tomah. Please feel free to say hi, introduce yourself to the Kukoin community, and let everyone know what you do at Vesent. Yeah, of course. Yeah, first of all, thank you to the Kukoin team for having me today, and welcome to everyone joining us. Yeah, and for those who are new to FESET Networks, through Kukoin Networks, so yeah, we are building an AI powered super app that makes it easier to use different blockchain networks and defy services. We actually started out the cross-chain bridge more than two years ago, three years ago. And during that time, we realized that while crypto technology was getting better, the user experience was still pretty complicated, you know. So users had to think about the recovery of each chain to use bridge to choose and which app to open. So we decided to make that experience much simpler. So with our super app, users can simply type what they want to do in natural language, human language. So our AI understands the request and prepares the transaction which users can then maybe under-probe. And so we also support modern party blockchain networks. So finally our goal is simple. We want people to focus on what they want to do without worrying about which chain or protocol they need to use. Yeah. Thank you, lovely. That gives everyone a really clean picture of the foundation. Going live in a major exchange is always a massive push for any team. For those who discovered the network through the recent listing, what does this milestone mean for the network? And how does it change your priorities moving forward? Yeah, TZ was different to a huge milestone for us. Yeah, of course, including Kukuo and Resting. So we have been building for several years, other cities. So seeing PNT, PNT stands for the network token, our own token. So finally go right on Kukuo and other exchanges, rather, a real special moment. So but to be honest, we don't see TZ at the finish line. It's more like the beginning of a new chapter. Actually, our team went back to normal, but pretty quickly after TZ. So our TZ October is, but yes, we are still building the product, improving the user experience and working on new futures. So the biggest difference now is that PNT has become part of our ecosystem and we have a much larger community following our progress. And we have our main priorities is to give PNT real user use cases within the Superup and Fetan other product. And of course, the Kukuo listing is a great opportunity to introduce Fetan network to new users, right? You guys. So yeah, we are excited about this new stage, but our focus is still the same. We are building on Fetan better. Yes. Hello, thank you. I think building past the launch weight is really where the real work starts. And I think most people and D5 are also still used to the old way of doing things. So it's been like one of the early jumping between separate bridges and dexes. I do think all of this manually. So seeing you guys bring AI into the All In One Super app is a very big shift that is very much welcome. Yeah, so Fetan, I think, started as a cross-chain bridge and has evolved into an AI-powered D5 Super app. Balmok, would you tell us what makes the Super app different from traditional D5 applications? And what new features can users expect in the coming months? Thank you. Yes, in career, Christian. So yeah, and I think the biggest difference is how use that interact with the product. So in more different apps today, you need to know exactly which tools to use and how to complete this step. But with Fetan Network, we want to change that. For example, let's say, for example, you have 500 USD on Ethereum and you want to tie into Ethereum days or after all, something. So normally you might need to open bridge to the network and use the DEX and go through several steps. But Fetan, you can simply type like a swap 500 USD on Ethereum into Ethereum based. So yeah, and our AI understands your request. Find a way to complete it and prepare the transaction. And importantly, users can review the details and approve the transaction themselves. We are not trying to give AI full control over the assets. We are also planning to take this much for the right now bridge and swap the foundation for us. But we are working on adding, like, lending, stacking on EARD option T, EARD, DeFi on transactions. And eventually, we want users to be able to manage a much wider range of difficulties just by having a simple conversation with the swap. So we are not fully there yet, but that's the experience we are building towards. Amazing. I mean, having the app handle all of that routing behind the scenes, even with just that, it saves users a ton of headaches. And you're also building all these features. So with all the new layer ones and layer two launching practically every week and liquidity gets spread thin, you can really rely on this. This is a platform that has all of these features. It's very amazing. So yeah, for my next question, Veson continues to expand its support for different blockchain networks. How do you decide which ecosystem to integrate next and what opportunities this expansion create for users? Here's a good question. So we already support more than the blockchain networks as I said, and we are continuing to expand. But we don't want to add networks just to increase the number. What method is the whether they actually bring value to our users? For example, we recently added support for Robinhood Chain or Hyper-EBM. So you might wonder why we decided to support it at this timing rather than right after launch. The thing is, the early days of a new network can be pretty chaotic. There are often huge opportunities, but there are also some serious risks for our users. That's why we generally prefer to wait until a network has proven to be stable before adding support. Of course, if someone wants to take those early risks, there are other projects they can use to be honest. Yeah, and that's very fine. But for us, protecting our users is a top priority. So we want people to explore new networks and opportunities without taking risks that have been avoided. So we are not necessarily trying to be the first to support every new chain. We would rather make sure we are offering a safe and reliable experience. Wonderful. Thank you. I believe that following where real users and volume actually set is always the smartest way to scale. Go with stability first and build afterwards. So yeah, for my next question, I think Fezant recently expanded its stablecoin support, including EURC and JPYC. Why are stablecoins, do you think, are becoming an important part of your strategy? And how do you see their role in evolving? How do you see their role evolving within VSU? Yeah, that's also a good question. So yeah, I think stablecoins are going to create a really big role in the future of DeFi. Yeah, not only DeFi, you know. So for a long time, more stablecoins have been based on the USDORR. Yeah, it's still. Yeah, but that crypto becomes more like a global. People naturally want to use currencies they are familiar with. So that's why we have added support for EURC and JPYC. EURC is back in the peg of the bar. Euro and JPYC is pegged. It's Japanese again, alongside USDC and USCT. So I think credit cards are a good example. We'll get around abroad. So imagine, you probably still think about pricing in your home country, right? But you can pay with your credit card even if you don't have the local currency. I think stablecoins will eventually vote in similar way. Users should be able to hold the currency they prefer while the system handles the conversion and the settlement. And we want that to make that possible across different production networks. Yeah, amazing. Yeah, I agree. I think bringing regional currencies on chain to really make things way more practical, I guess, for people outside the US. Now, alongside the main app, I think users don't realize that you're also building the backend tools for that since it's very comprehensive at the backend. Yeah, exactly. I guess my next question is beyond the consumer super app. It doesn't also provide the infrastructure wallets and the adapts. How important is this B2B strategy to your long-term growth and how can it contribute to broader adoption? Yeah, this is actually an important part of our strategy. So we just think everyone needs to use the fed up super app directory to be honest. So there are already many more, many more and B2B apps with their own users. So we are building through that.