 All right, everybody. So what's promised what I want to do is I wanted to bring in a couple of gentlemen who could help us understand Exactly what's going on in the world of Cardano and voting on Shane Vivek, you Vivek and Mike. I want to say thanks for stopping by. Thank you. Great you're behind us All right, so gentlemen the first things first I got four questions for you because to me polls are polls and when I take a look at this I'm just like what's the difference and so the question I have is first of all and Mike We cover this in our first time, but what is vote air and what does it do? The second thing is what's new with vote air and you know, why why you guys doing these things also? Why to use it again with these different polls? I think one's just as good as the other one and then lastly what's on the horizon with timelines more or less So I will start here What is vote air? And what does it do? Sure Great question. So vote air is an on-chain voting platform built on Cardano We wanted to make a tool that is accessible to everybody who you know has a wallet and And so we built it and we built it earlier this this year and launched early September There are three types of votes or three types of ballots that you can create simple vote Delegated vote and a Policy ID the simple all you need is Ada and a wallet the delegated is around so for state pool operators and it's really designed for people with with a stake pool and to Create a vote that their delegators can actually vote on and that might be changing or a margin or other decisions that the State pool might make and then the policy ID vote is really For people with a token and that could be a fungible token. It could be an NFT But if that token can then define their audience and the weight of that vote is based on how much of that token the voter has Gotcha and that because and before we take our mind me because I want to set one up real quick Are you guys because I want to see if it's as easy as what I think it is okay? So that's that's vote there and that's what it does. It's all about voting and getting things out there All right So now we know what it is Let's talk about what's new with it because Michael we thought I only get even launched and he was like over a month ago, right? Yeah, I think it was we were about a month out from launch I think last time we spoke or at least a couple weeks So obviously what's new since we spoke is that we've we've launched with God live But the newest news right now is that we've actually changed our pricing structure So we did have a different price for each type of each type of ballot Obviously, we're just trying to you know fund development and whatnot on the platform But we got some user feedback essentially that they thought the fees were a little too high We were targeting the policy ID votes towards projects and in kind of a higher price bracket But you know right now the the economy is rough. We're in a bear market So everyone's suffering even even the project. So we just you know, we want to drive adoption We want to get people using the platform So we just lowered everything to one Ada and we'll see how that that goes from there voting is Is essentially free. You just have to pay the transaction fee Yeah, so we'll see we want to get the community use it using it and get some feedback Yeah, so this is what I got confused because we when you talk to me about it I thought it was that everybody who voted had to because before it was like two or three out of five Eight or something like that and when you were talking to me I thought it was that everybody who voted had to pay five Ada and I was like well It's about yeah, it's about 30. Well, how much is Ada right now? 30 cents about 30 cents. Okay, 30 cents USD It's like okay, it's like it's that's like a buck and a half somewhere on there, right? Yeah, so so for each vote I'm like well, you know like that's that's something you got to pay a buck and a half to Vote but you were you telling me is that just to set it up? Was the five Ada and now you dropped just the whole setup to one Ada exactly And when somebody votes, let's say you get I don't know two votes or a hundred votes or a thousand votes Everybody who votes the individual they have to pay the transaction fee, which is three cents Less than point two eight. I usually spoke point one seven. So that's less than ten cents of today's price Right and people were complaining about that Well, like I said, we are in a bear market and people are hurt look I get you I get it sucks It's a bear market, but I'll be honest with you Okay, this is gonna lead me to my next question and when you guys talk to me. I'm like I Did not get it. I'm like, okay I understand that people want to vote and that's cool But why don't we just use like a poll that we can you know easily use on Twitter? I mean, it makes sense to me, right? Super simple However, and I was I was thinking about that and you when we were all talking about this it came out of this There was a little story. I'll share with everybody this right here Simon Dixon he put out a poll on Twitter, which was asking like Hey, is it better for the reorganization to go through Celsius itself? Or would you like to go do something with with bank to the future and use a security token and go this way? he put out this poll and on Specific time frames at specific points They would get like 500 or a thousand votes in the other way of what Simon thought it was gonna be because it was on his it was on his his feed and In that poll it looked like that everybody everybody wanted a Celsius organization And I was like well, that's quite odd, but okay And then of course it came to light that you can do stuff like this where you can just buy a hundred two fifty I mean whatever look at that 750 votes for six bucks, which is you know You can do whatever you want to and push it out and that was a very quick Look at look you knew that I did on old Google and there's a ton of different websites that are like that Or you can buy it So I was like, okay now I get it if you want real a real poll that would be that would be the way to do it And on top of that, I know you guys did something with a neta BTC where they use your service itself And this was all for governance and they had a bunch of votes very cheap votes And you can verify those on the blockchain. So just walk me through that I guess kind of why use votes here. I get it, but what did I miss there? Yeah, and essentially this is this is really the use case for for blockchain voting. I think there's a lot of Trust issues I'd say right now with with voting in general I mean you can look at you can look at the issues that they had with the last us election Where everyone was concerned that somehow the ballot was rigged, right? So that's one of the the great use cases for blockchain where Everything is on chain. It is visible. It's immutable. No one can go in and change it And people can go in and validate that hey my vote was counted And the votes are accurate. So that's what we're trying to do is create this This tool that people can use easily It's very easy to use it's focused towards end users rather than Technical people. It's not a code library that you have to you know install in your project It's just a website that you can go through make a couple clicks and you have an on chain ballot for your community So we really see a great use case for this is You know projects and dows and whatnot that want to involve the community and important decisions about which direction they should go They can have this ballot and they can You know, know that it's accurate. Know that their Stakeholders their their project open holders and whatnot Who are more invested in that project are actually counted and their their vote counts Um, and yeah, we just wanted to create this tool for the community Perfect sounds good. So this will leave me on my last one. You know, Vivek, you can take this one What's on the horizon because uh, you guys have already launched which is pretty hard to do but now what do you got in the pipeline? Yeah, it's a great question. So we've recently been uh, um receiving some funding for the integration of escrow smart contracts into The platform and what that's going to allow is uh, people can set up a ballot for their organization and uh, and Put some funds into the actual platform And based on the smart contract and the outcome of the vote, it will be automatically distributed to the associated wallet So that's what we have. Um currently in the works and uh, you know fingers crossed that's going to be um delivered By the end of March. Um, if all things go the way we want them to go And uh, then we have some other things following up after that. Um, but we'll be announcing that as we get closer Okay, yeah, that's cool. So so walk me through that real quick again So like you set up a vote you have the wallets connected the smart contract and you say Here's how we want to this is how we want to uh distribute these funds And then you can all vote on it whatever people vote on the one that wins Then it just automatically goes off to those to those walls. Is that how it works? That's correct. That's the intention. That is nice. I like that. That sounds pretty cool. Okay So gentlemen before we take off, uh, let's set something up because if it's the is easy to say I want to do that So where am I going? Go yeah, you can just go to the top of the page and uh, hit create a ballot All right Yeah, so this is where you'd select the type of ballot that you want to do The simple is just anyone with hate it can vote. So we might want to start there Um, if you wanted to create one as a stake pool operator for your Delegators, you'd pick that one and then the policy id one if you were a project owner You'd select that but we can do the simple right now and simple I'll be simple. So the ballot name Yeah, so this is just gonna be the name that shows on the list or whatever you want to, uh samples and then this is just, uh, this is This could be I think it's usually, you know more context about About the ballot and what it's all about And then the url is optional if you had a link to your website or somewhere where you can, uh, find more information Okay start date end date snapshot date. What do we got here? Yeah, so that essentially one of the ways that we, uh prevent people from, uh, you know Fledging the results if if we're waiting ballots based on how much aida or how many tokens you have on your wallet We don't want someone to cast a ballot and then move their aida over to another wallet and cast a ballot with that one So everything is based on snapshot dates, which we use the epic transitions, um as the Dates and then as of your balance at that point in time. That's how much, uh, vote weight you have Fantastic. All right, so we'll click next to the question Question one So this will be am I going to give tomato coin to all my delegates of d news should we give, um Tomato coin to all your t coins Yeah And again the description is optional. You can just put it, uh, put something there if you wanted to Yeah And the os proof of the sauce Oh, I remember number number choice is two three four. We'll say two limit choices to one choice number one. Yes Scripts and don't need it. No And description and that's it Yeah, so then just hit preview and it'll show you what that ballot is going to look like for voters Um, you know, if you don't like it, you can go back and kind of edit tweak Yeah, edit my edit my spelling. Yes, exactly. Yeah, and then and then we just request finished Yeah, so at this point, I don't think you connected your wallet yet So it'll tell you uh property to connect a wallet and then it would just create a transaction For one aida and it would have the appropriate metadata that would put that ballot on chain For one aida. I don't know if I can swing that but I'll give it a shot All right, so gentlemen, thank you so much for stopping by. Appreciate it So if you're looking for information on vote air, I linked, uh, the website and description also their twitter account You can find them Mike Vivek, I think we said it all today. Thanks so much for uh informing me of what's going on in the kodano community I'll really appreciate it. Thanks so much Excellent. Let's jump back