 As everybody doing today, I'm here with two very special guests, Ben Samaru, the CEO of WonderFight Technologies, as well as Sean Clark, a board member and the co-founder of Hut 8 Mining. How are you gentlemen doing today? Do great. Thanks. Fantastic. Fantastic. I want to get started with you, Ben. I know you guys just launched a new IPO with WonderFight Technologies. Can you tell us a little bit about how the first month has gone with the IPO? And if you guys are on pace to hit some of your first milestones. Absolutely. So yeah, it's been a great first month. So in terms of kind of milestones for the company, the big moment that everyone's waiting for is the launch of the WonderFight app. So we're super excited that's going to be launching on iOS. And I think it's really going to help bring more people into DeFi, which is really the mission of the company. So we've been heads down like our engineering and product team working on that and we're super excited to roll that out. And then kind of more broadly, we've been slowly buying up crypto and DeFi assets on our balance sheet. And there's been some good opportunities to do that in the market recently. And the portfolio remains a long portfolio. Like it's not a trading portfolio. We're just really being selective about the assets that we buy, assets that we see driving a lot of value in the space. And then we recently established or set up our Ethereum staking nodes for the first time. So we're looking across the balance sheet, finding ways we can generate yield to generate some revenue initially. And so we're making good progress on that front. And yeah, so we're super excited for the app launch. And then on the public listing itself, I know a lot of your channel is public market investors rich. And so we're super happy with the first sort of month of trading. We're seeing more volume than we expected, a ton of interest from US investors. We're still only listed on pinks, which as a lot of your community will know, they're harder to access when you're on pinks before you get listed on QB or QX. And we're seeing a disproportionate amount of volume coming out of the US, which I think is for a couple of reasons. One is there's not a lot of good public market defy investment opportunities. And I think that's probably the biggest driver. And the second is it's no secret that Kevin O'Leary is a big voice behind Wunderfai and are a huge investor in the company. And people love Kevin in the US, Canada, maybe not so much. But the US people, people love Kevin. And yeah, so I think we're we're really excited with how happy with how the stocks performed and coming up in the next sort of couple of weeks. We're we're going to be online in Germany with a German listing. And then in the next sort of hopefully four weeks or so will be on the QB. So we're expecting to see kind of a big bump in volume when that when the stock becomes more accessible for US investors. Wow, that sounds fantastic. Congratulations on all your success thus far. I know our community is gobbling up the stock in both Canada and the United States. And once you guys get that QB listing, I think that's going to be a huge catalyst to bring in more investors in America and clearly when you can get listed in Frankfurt, that's also going to bring in a lot of investment investors from Germany and from other parts of Europe. So congratulations on all your success so far. Now, Sean, I have a question for you. I know that you are the co-founder of Hutt 8 Mining Corp, a very successful IPO and successful mining company that's now listed on the NASDAQ and I know that you wanted to get involved in Wunderfai. Can you tell us a little bit about yourself and why you were so excited about getting involved in Wunderfai? Thanks, Rich. Yes, I think that first and foremost, my experience in the crypto space is has been really accented by capital markets opportunities. So, yes, I co-founded Hutt 8 and was the CEO. We raised over a hundred million dollars. We took a public that was back in 2017. And, you know, that was part of the initial ICO boom. And that was that was a wild ride. But as we know, the crypto winter came after that. But that wasn't the only win that I had that I think has, you know, positive benefits to Wunderfai. First block capital was is an investment firm that got its crypto licenses and investment fund managing and portfolio manager licenses. And we use that firm to create the Bitcoin trust, which we actually sold to 3IQ. And then that was the first listed securitized Bitcoin open ended product, which is now listed under QBTC. So we were involved in that, got a lot of great experience with the capital markets in and around that product. And finally, the the the best part of my experience, which led me to working with Ben Samru, was a company called Firstcoin, which was an ICO advisory firm. And that's where Ben and I worked together quite a bit. And that that company was sold to Novogratz, like Novogratz and Galaxy Digital as part of their qualifying transaction and their go public. So my experience, you know, in crypto, coupled with the capital markets, I believe Lenz itself to very valuable to being a very valuable member of WonderFi, because I'll say it and I'll say it again, that being first really matters. And we see Ben and his team backed by Kevin O'Leary as being the real first DeFi public equity player. And being first matters within this category. And WonderFi is there. So I'm really happy to be a part of this. And I know that the investors within our community are very happy that you're part of it as well, because your background speaks for itself. Now, Ben, you've got a superstar cast that you've assembled here at WonderFi. Can you talk a little bit about some of the key members and what each member brings to the table? Sure. So I'll start with I'll start with some of the people from our kind of executive team. So Kong Lee and Kartik Bajaj, their co-founders, engineer, their product people at heart. Kartik's being a part of Amazon and PayPal and then actually met Kong at Hootsuite, which is for all the Canadian followers, we'll be very familiar with Hootsuite. And so again, their products and technology people at heart and really those minded people really want to just focus on solving a problem. And so we're really lucky to have, like I feel really lucky to have them as co-founders in this venture because I think it's a huge effort to try and solve the problem that we're solving within DeFi, which is around accessibility. And we've got these guys who have built products that have been used by millions of people like PayPal, Amazon, Hootsuite, Shopify, and really applying that talent within the crypto space, which is really exciting and it's really important as well, like as the space grows and Sean will have seen this just as I did in 2016, 2017 as more attention comes into the space, you do see more engineering talent come in and it's really important to grow the space. Our head of product, his name is Stas, he's a founder himself and a product person. He sold his last company to Hootsuite, which is actually where he met Kong and Kartik. So there's a lot of kind of past kind of connections here that have brought the team together. And then he, after he sold that and spent some time with Hootsuite, he then was leading the development of Shopify Plus, which is their premium product before we scooped him up. So product technology, we've got an awesome team. And I know we've talked in the past about Kevin, I can share a little bit about Josh Richards, which I think we know, I'm thinking we've talked about him before as well. Maybe I'll talk about Leonard Lachman, who's a strategic investor in Wanderfai and one of our biggest shareholders. So he was a co-founder of MindMed and really very complimentary kind of experience and advisory to what Sean provides to us. Sean just talked about how capital markets have been such a big part of his successes in the crypto space. And we're obviously super grateful to have Sean on board in this capacity. And Leonard with MindMed really grew that company through consolidations in the space. And his background is running his own investment bank for many decades. And then stepping onto the company side with MindMed sort of for the first time. So we've got that unique perspective with Leonard as we look to grow, not only the product which I talked about a little bit but really growing the company and non-organic growth is definitely part of Wanderfai strategy. I think we're reaching a point in the crypto space where there are a lot of consolidation opportunities and for us having some of the caliber of people that we have on the team and then also public facing people like Kevin and Josh we're getting a lot of inbound of companies that see an opportunity to work with us in different ways. And so there's a lot of opportunities for us to do that. So we're excited about growing the company in that way as well. Fantastic. I love the team that you've put together. It speaks for itself, literally superstars everywhere in the finance industry, in social media, in mining and crypto. You really have put together a very star studded team. Now, this question is for Sean. So there's been all kinds of volatility happening in the crypto space and regulation, specifically what's been happening with China. China is banning crypto, they're banning mining. There's a lot of regulation that's starting to come into the space. Do you think that this is the time for investors to get into crypto right now with all these regulation coming in? And how is Wanderfai going to help investors protect their money with all of these regulations that are coming into place? I know you're the guy to ask these questions too because you have a lot of experience with Hutt 8 mining in the mining space. What do you think about what's happening with all the regulations? And how do you think that Wanderfai is going to be able to take advantage of the situation and give investors an opportunity to profit? Great question, Rich. First off, regulation is a good thing. I've always believed that this industry is a new asset class. It's the digital currency asset class. We're just hovering just below 2 trillion. It's going to, in my opinion, be bigger than gold, 8 trillion plus. And we are seeing the nascent stage right now. And anytime you have a new asset class, you've got speculation, you've got volatility. However, if you do dig into the technology on how the world is becoming digitized, how NFTs, how decentralized finance in the blockchain will be disrupting all traditional business models. Hallelujah, I've seen the light. It's all happening. Now, the important thing to note about having a public security is that regulation is part and parcel of the game. Therefore, any investors wanting to get in the game early, there's no better product than to buying a stock on a tier one securities regime, such as the NIO, on that stock exchange with a company like Wanderfai. So that's why I'm part of this is because you've got a mountain of money wanting to play in this new asset class, most of it institution and retail, but they can't because they can't get in and they can't get in on the deals. Now, when you have a public security, everything changes. So you now have institutions that have gotten all of the approvals from their audit committee and their compliance committee and we're about to see Q4 2021 here, a mountain of money come in. And honestly, it's only going to put demand pull on these products and with limited supply, the price will go up. So I think that the China regulation and the China crackdown, fantastic, great. It actually decentralizes all of the mining more globally, just from a specific standpoint. It was way too concentrated back in 2016, 2017 in China. And now quite frankly, everyone knows that China was going to do this. They've done it great, the corrections priced in. And now you see a triple global adoption of the digital economy. So I think that all of the regulation is positive. And I do think from an investor standpoint, someone who's deploying capital and allocating capital, you want to actually invest in public securities because of the reporting issuer requirements, because of the visibility within the companies, because of the liquidity. These are all important factors with which the huge institutional investors and retail investors make their decisions. And therefore, WonderFi, because it's first, and again, I'm going to say it again, being first matters in this. And as Ben alluded to, there will be a consolidation, because of the valuations that you're getting in the public markets, because of the potential and the access to capital, quite frankly, there's going to be one winner. And I'm convinced that WonderFi will be that because you've got the team, you've got the expertise to execute on it. So I'm really optimistic about the stock and there's no better investment now and in fact, historically the last 12 September of the history of Bitcoin have been bad. And then look at October, November, December. So literally it's on sale. Literally right now is the time to pile up and I keep pounding my fists on the table saying buy more Bitcoin, buy more Bitcoin, it's on sale. And I say that to everybody. And I'm a firm believer because I know we'll play this back in December and you'll be like, oh, that guy was right. Oh, it went up. So it's done it every year, every single year, it's data and it's very predictable at this point. Thank you, Sean. We love hearing from you because you are actually in the trenches with Hutt 8 mining. You lived it, you've seen it. And I've been in the crypto space since 2017. I actually just bought some more Ripple today. And I love the fact that with WonderFi I'm going to be able to actually get some staking rewards to hold my crypto. Whereas right now I'm essentially making nothing holding my crypto at Endax which is a Canadian exchange for cryptocurrencies. I get nothing to hold my cryptos there. So I'm just waiting for that beta version to end so you guys can go live so I can move all of my assets into WonderFi and I'll be doing the same with our entire community. Now I wanted to talk to you, Ben, about your competition. What do you feel sets WonderFi apart from its competitors in the space? So two kind of groups of competitors. One is products and one is public companies. And so we're focused on the product sites. I'll start with that. There's a lot of great talent that's building in the crypto and DeFi space and has been doing so for a long time. It's all catering towards early adopters which is people that are deep into DeFi have been trading crypto for a long time. Guys like Sean that know the ins and outs and like yourself rich that have been involved in the space for a long time. And what that does is it's great for the early adopters because there's so much innovation happening in DeFi and these other platforms are really integrating all of that new stuff, access to these new products, protocols like on a weekly basis, like the demand is crazy. But what we're seeing is the more developed those platforms get the further you get from something that an entry level user can use. So it's creating this huge disparity and it's really estranging a lot of people that wanna get into the space, they're hearing lots but they feel like it's not accessible. A lot of the people that we talked to kind of potential users, the biggest reason the response that we get to the question of why haven't you gotten involved in DeFi yet? It's either because I'm too dumb or because I feel like I'm too dumb or because I'm a mix of that and I don't understand it. And that's not a problem with those people that's a problem with how everything's being communicated within the DeFi space, which is a lot of very passionate you know, engineers and traders that have been doing this for a long time. And so the level of discussion that they have and the type of stuff that they're talking about and interested in is so far away from like you know, what you know, your average Joe on the street you know, average Joe or Jill on the street would be able to understand or even want to understand because the needs of an early adopter segment versus your early majority segment are completely different. Like they, there's you know, very different characteristics. So we're, so our big bet with WonderFi is that with this platform, which is super simple it's not all of the most advanced stuff in DeFi it's where the real, like where we see the true value is making it really accessible and then using these trusted voices to help spread, you know, spread the word and bring more users into the space. Our bet is that we're going to really open up a new market segment and we're going to help DeFi cross the chasm that you know, where a lot of technologies fail, which is you know, you get that early adopter growth, but then it can't get to kind of your average consumer and we see a lot of technologies fail there. So I think we're not there with DeFi yet. We're trying to do that with WonderFi and I think that's what sets us as part of the platform side. And then really, you know, quickly on the public company side I think there are, you know, there's publicly traded companies that are in the DeFi space that definitely are helpful because they do provide access to traditional investors that want to buy equity and just get exposure to the assets. But I think as we, we're starting to see this already as a space of alls and people are getting more comfortable with actually buying assets the value proposition just for a company that holds those assets goes down. And so that was our sort of, you know, thesis when we started this company and, you know, we're lucky enough to have people like Sean who's, you know, a friend and a board member where we could kind of look forward and see, okay if we take on that model, what does WonderFi look like in six to 12 months? And the conclusion was it looks like there's no competitive mode to that because, you know, there's no differentiator in this access gets better, that value proposition declines. And I think we're seeing that in PubCo's in this space that just hold assets where they're trading below nav at or below nav, which that, you know, that tells me that, you know, the market's reacted and that speaks for itself. So our big differentiator is we have a high growth product, you know, we have, you know millions and millions of followers that we could bring to that product and we can use that as our springboard into creating a lot of different, you know high value products in the space that are really gonna help to build value in the company and then to, you know, to make WonderFi sort of the, you know, the name in the DeFi space. Here at Rich TV Live, we really pride ourselves on understanding the fundamentals of the companies we invest in. Our community loves to understand the balance sheet. Can you talk a little bit about what the projections are for the company's revenues in the next two years? So balance sheet wise, so I can speak to that right now like kind of at around this point in time. So we've got 26 million in assets on our balance sheet. About $5 million of that is crypto and DeFi assets, which we've, you know, which we've disclosed and we're slowly increasing that position kind of, you know using the classic dollar cost averaging strategy to reduce the exposure there, but we're growing our exposure to crypto in these select DeFi assets. And then on the revenue side, so the main sort of initial revenue stream through the app is a transaction fee. There are a few different ways for us to monetize the app through on ramps, off ramps and DeFi indexes. I'd say those are sort of the three largest opportunities with a number of others that sort of fall from that. And initially just sort of given the size and stage of the company, what we're doing is partnering with different providers that help us do that, which creates revenue sharing sort of opportunities. But again, as the company grows and we continue to get, you know, see more success in the public markets and interest in the product and, you know, getting some of these key names involved, we do see this opportunity to, you know, instead of splitting the revenue on the payment processor side, like let's, you know, let's consolidate a payment processor and let's own that revenue stream. So we definitely see revenues growing in that inorganic way, you know, over the next six months, like we're actively looking at some very attractive targets in the space that would, you know, that are available companies that are really complimentary to what we're doing. So we're excited to kind of expand revenue in that way. And then on the app side, again, the transaction fee will kind of be the, you know, the initial opportunity there. But I will be clear, we are keeping that to a very minimum initially. Our, we feel less rushed to show revenue from the app on the transaction fee side and more, there's more of an importance on lowering the barrier to entry for people and transaction fees are a big issue in DeFi right now, given Ethereum, the Ethereum network. And so we're trying to lower the barrier as much as possible, capture as many users as we can and just, and really build trust. And then those monetization opportunities sort of open up down the road. So we've got a really strong cash position. We've got time to build our user base and, you know, a bunch of different revenue streams that we'll start to come into sort of in the near future. That sounds fantastic. If there was one thing that you would want shareholders and potentially new investors that are thinking about investing to the company to know about Wunderfai technologies today, what would that be? Yeah, I would say it's, there's nothing like Wunderfai on the market. For public market investors, there's really nothing like it. And I think people bring up comparables all the time. And I think the really the only sort of kind of close comparisons, and I hesitate to say these because they're such giants, but really it's, you know, coin base and to maybe to an extent, Voyager would be companies to look at that are sort of similar to what we're doing. Obviously they're more centralized models, but I think, you know, really kind of high growth product, a lot of opportunity to kind of grow through consolidation, biggest name in finance, biggest name in social media, biggest name in crypto behind us with SPF. And then we've got these people like Sean, who's kind enough to join us today that have so much experience in growing these companies in the public market and have such an amazing track record where I feel super lucky where we get to draw on that experience to help turn WonderFi into the next hot eight, into the next mind med and beyond. What is the best way for shareholders to get in touch with the company if they have any questions? So you can get in touch with us on any of our social media channels or if you have kind of direct investor questions, invest at wonder.fi or you can just go to the website and you'll be able to kind of track it from there. And yeah, I would encourage you to reach out to like we love talking to people that are investors in the space and users. And yeah, we definitely encourage people to reach out. And I guess the other place would be rich on your channels as well. I know there's a lot of people that are very sort of savvy investors and people that are active in the public market space. So I think that would be a great outlet as well. Fantastic. Well, gentlemen, thank you so much for joining us today. I must remind everyone that rich TV Live is strictly for information education purposes. Please do your due diligence, do your research before you invest in anything that we talk about or discuss here on Rich TV Live. In saying that, I think Wonderfi Technologies is absolutely wonderful. Thank you for joining us today. The CEO of Wonderfi Technologies, Ben Samaru and a board member and the co-founder of Hutt 8 Mining, Sean Clark. Thank you for joining us, gentlemen. Thanks for having me. Thanks Rich. Always a pleasure. If you're not winning, you're not watching. We bring you the winners and we bring them to you first. Thank you for watching everybody and have a nice day.