$DGB x QuickEx: Where Privacy Meets Utility

very wonderful. We talked about a lot of things, a lot of conceptual things and right now we are just moving into the future with even more of that enthusiasm. How are you doing, AJ? What's up, you guys? What's up, you guys? Morning, good afternoon, good evening. Thank you, Savig, for joining us on another space. I'm excited to, you know, gauge the community and also any new on-borders coming in from QuickX. I'm excited to be in DigiBite, you guys. I feel great. I'm always up in live. You guys know the vibes. So yeah, I'm ready whenever you guys are. Yes, Savig, you want to kind of kick us off? Yeah, absolutely. I think we are already, we have already created a sort of tutorial for people, what they want to learn about the digital and everything. You should tell us about like what kind of progress is happening at digital or any numbers or stats that you guys are comfortable sharing because the last summer, remember we were at 50,000 digital dollars, but that was like a week or so. Where are we now? Yeah, so just to kind of give a little bit of overview, we launched on July 17th. So it's been actually today's three weeks. Actually, is that true? Let's see, 17? Yeah, it's been about 21 days, you know, 22 days is since we've launched. So currently right now, we are at 54,515 dd liquidity and almost 53.4 million DigiBite that have been locked up. To be quite frank with you, I think it's been highly successful, considering the fact that most of it has been organic. It has been community-related and driven through lots of spaces, articles, educational material. We're also seeing a varying amount of locks that are going on. And now, I think the bigger discussion is happening about how do we create that alternative economy on DigiDial or Rails. So those are some initial numbers going three weeks into it. We've also seen, I think it's about 74% of our network is now on the latest protocol of 9.26 XX like any version of that. And also the DigiDollar mining kind of infrastructure. I think we've at like 60 plus, we've even got to almost 70% in some cases of the entire network of pool operators that have enabled DigiDollar as a mining flag for their pools, which tells us that the majority of the network and the majority of the node operators are signaling and have accepted DigiDollar as an upgrade, which is fantastic to see, especially since we're completely decentralized. That's a lot of outreach and education. So that's a little bit overview on that. AJ, you got anything to add about that? I know you've got a bunch of data and things that you're working on as well. Yeah, as far as locks have been going, we've been rolling in locks left and right. The community is, I mean there's a ton right there's, I don't know quite honestly, how to pace myself in this, but there's a ton that's been going on as far as DD locks. And then there is a pledge out there on DigiScope that's been going on for the community, screaming what they would like to lock and what their outlook for the locks are and what liquidity is. So there's a lot dude, I think let's get into a little bit more because I tend to ramble and then we'll go into it a little bit better please. Absolutely, I think rambling is not an issue, I would say you've got to show your excitement man. That's probably love here. Anyway, but I think like yeah, the numbers are really good. I think you said we are at 54,000 DigiDollar and but the bigger failure point for me would be the 60 to 70% not operators being like yeah, we want to mine some DigiDollar as well. That just shows that it's not just the people who are using the tech, the people who are actively maintaining the tech, they are also super excited. So that basically you know, when out of the equation, you guys have built the thing, the node operators, they are running the thing and the people they are overcollateralizing their, they're right for $1. So the ecosystem was meant to be on paper right to the top of the running in reality. Yeah, well and like I said, Sardvik, it's been a long process, right? You know, fortunately for us, we have a very, did I just lose in? Yeah, I was going to mention, I was going to mention it was a little static, he didn't come off all the way. Yeah, Sardvik, are you still there? Yeah, I'm, are you not going to give me? Yeah, I'm going to, so I was just going to say, you know, a lot of that network adoption, both on an individual full operator as well as nodes, it's a lot of outreach, right? And fortunately, I can say this about us, I can't speak for the rest of the industry, we have a pretty amazing community that for the fact they're all volunteers, I mean, going out on a repeated basis, and you know, having a fine line between being, you know, you don't want to be persistent, but we don't want to be a pest, but then also the education part of it, like, okay, here's actually the technical requirements. There's sometimes there's hand holding with, you know, full operators or now there's coming out with articles or infographics or things that are really going through the process of making sure they understand how to do this and then what the impact is. And I think even pool operators are now starting to understand like there is an incentive, incentive structure for them to enable digital or mining as well, right? Because if they now are being able to mine Digibite and then they have Digidolars that they can now get from that mining outside of their normal infrastructure costs and, you know, hardware costs or, you know, electricity, etc., they have now another potential strategy to use those Digidolars, whether they want to give that as incentives for their users or they want to spend it on other things to expand their business operations without all the volatility, right? And so, and this is again, I think we talked about this on the last basis, this is not particular to just Digibite because if they're, you know, having other coins that are being operated or mined on their pool and they're getting rewards or blocks and now's currencies, they still have a mechanism to then go back to Digidolars as the base foundational layer for them to get those incentives and grow the business or the infrastructure not only for themselves but for their users. So, it's been refreshing to see this because we did discuss this with the pool operator that's, you know, working with a lot of other pool operators, solo miners, and he's expressed just this exact situation. So, it's, like I said, it's been a process, but I think as people are learning more and more, they're starting to see the upside of why Digidolars is a positive. And it'll take some time, obviously, but like I said, I've been thrilled with the results we've gotten so far. Yeah, we've definitely captivated a different level of investor, right? A lot of the community members have fully gone to an educative stage. We don't really show, we just go out there and educate precise and as accurate as possible and that's one of the things that's highlighted the community in the latest of months, right? Not necessarily just with the technical success of our launch of Digidolars, but the fact that the community members are out there individually educating and going out of their way to do full-on articles, you know, chain posts and making sure that we could stay as transparent as possible while also gauging and understanding from simplicity, right? Allowing for the people that need the technicals to have the technicals and for the people that need something a little bit easier to digest, we've been able to do that as a community in the whole. And I got to shout out a bunch of the people that are here already, you know, Ransel, Green, Adam, CJ, you know, as you guys could see, look, the community moves as a unit and it's not necessarily just because we're here to show, they're here because they like to receive the knowledge, take down notes and then approach in a more sophisticated way. So I just wanted to chime in that there. And again, you guys are attentive, Ransel, thank you, Savvick. I am always super excited about speaking about DigiBuy, I'm a DigiBuy Maxi, that's all I know, bro. Hey, that's perfect. You know, I was gonna ask like about what the community to response is, but I think I already heard plenty there because we already have a lot of people you mentioned a few and we have a few from the Monaro and the QuickX community here. So people are, you know, there is some cross migration also happening. So for the privacy folks here, the ones who are of fans of our work, fans of Monaro and the other whole, what do we call it, the privacy ecosystem. You should educate yourself on it and see if it's something that can help you. There's always over-collateralization and what do we call it, decentralization. These are always good things to have and the community, as you can see, DigiBuy has already logged that, so that's what we're gonna say, just go and explore it. Speaking of community, I wanted to ask like, what is the purpose of digital going to be within the DigiBuy ecosystem? Yeah, so I think, you know, AJ will know a bit more on this, but I think the idea is right, we have kind of a staged approach and it's not big. I'm sure you can appreciate this when you're doing deployments or providing new features to a community or the industry in general, right? And so one of the things is going to launch in Maynet, obviously we wanted to get as many people to go through TestNet. We went through a lot of iterations, we went through Maynet and then the exercise was to get the wider ecosystem mining pools, you know, wallet providers, etc. to understand what DigiDollar was if they hadn't heard about it, how it could help their platform and then eventually get to the point where there is an actual utility for these DigiDollar, right? Because one of the arguments that people are making is like, well, in crypto, we can spend the crypto and buy real world things, but how does the provider curb the volatility on these assets? You know, this is not a DigiBuy specific thing. This is this is the entire industry. And then you put that on top of that, people say, well, yeah, you can use a stablecoin, but the problem now you have is you have a double whammy with stablecoins where freezing, blacklisting, counterparty risk, censorship, you have a whole myriad of risks there. And clearly, we've all seen that happen over the past couple of months with deep-hegging, draining, blacklisting, freezing. I mean, you name it. And they're operated as a corporation, right? And so now you're seeing all the self-custody issues. You're seeing all the other problems. And so that's where we have a real value at, right? We can come in there and say, well, these are the benefits for you. Not only from a cost cutting mechanism, but you have a stability. You have a custody. You have a control. There's all those factors that are playing in. So to answer your question, we are starting to get, like there there's like block index, there's web genetics, which is a supplement company. There are providers now that are willing to accept digital as a payment. I know Crypto Corner Shop is another kind of platform that's looking to integrate down the road. And so our main strategy at this point is to educate, obviously, first and foremost, and then provide benefits to our collaborations or to people that have integrated us and to start that wider discussion. And part of that has been a watch and weight process to see, like, what is the actual circulation? What is the adoption rate for the first weeks of launch? And of course, the beautiful thing is we have transparency. You can see everything on the website or in your core wallet. And the math doesn't lie. It is there. And you can test it and you can see it for yourself. So there's no like, you know, oh, we're behind some kind of black curtain that nobody can see, or it's only for the founders to know what's really, no, it's everybody can see that. And so you'll see when locks are occurring, you'll see when they, you know, are being taken out. And obviously there's a privacy element to that. But so to answer your question, we are in that process right now. We have been aware of that. That that's going to be the next question. And it is being asked. And that is our next strategy that we are now leaning towards. A.J. Thoughts? Yeah, I'd like to chime in also that as far as, you know, any integrations or collaborations we have out there, you know, this is this is a really big thing for them also, right? The benefit goes hand in hand because they no longer have to worry about a provided liquidity. Everybody can mint liquidity allows for a more natural and organic system of trade and really try to establish that peer to peer parallel economy that we're aiming for. So these are a couple of things that we can look at as a big benefit for our collaborations, right? You don't have to worry about something to go in out there and necessarily not providing the liquidity that they said they need to provide at the minute at minute's time. And also, you know, as we know with rap coins and these not necessarily decentralized tables, they tend to freeze a lot. And this causes a a big problem not necessarily just for the consumer but also for the reputation of the integration collaboration, right? Whoever decides to integrate, you know, this gives that feeling.