 Let's go to Bogota What do you think about Bogota until the moment you like it Well, I'm local I'm from Bogota and I'm so excited and it's an honor to have you all you to have all you guys in In my city. This is like a dream for us so We're very thankful with the Ethereum Foundation because there was a a lot of effort I know that the work that they did for for for having all of us together here And it's an honor also to be here today with these amazing leaders that We are we are going to discuss About what they are building and to learn how and this is the name of the panel. We don't have it right now, but We've by the way, my name is Mauricio to our from traffic goes and Colombian guy and we the name of the panel is We're free it's going great and I want to start asking that is We're free going well and I'm going to introduce our amazing panelist Brian from zero a spark foundation And up from build guilt a Jacob from it global Amazing weekend we had hearing in Bogota and Romina crypto Chica from it let down Let's start with that question Romina, do you want to start? Do you have a microphone? Okay? We need to chair. I can share it with you So you have either it started is we can start with you Yeah, for sure. So it's a hard question to start with I'm sad that I came last to answer it first But basically yeah, I think it's well, there's a lot of improvements to do But even like when I look one year back to where it was I think there's been a lot of improvements and Yeah, I'm just very glad to have entered the ecosystem And I think there's again a lot of improvements to do but it's yeah There's like many steps, which are kind of incremental increases Nice Romina. What do you think? I think that what tree is well right now in All that I'm cause I'm from Argentina Well, a lot of people who are there knows me and there's people from Honduras, Ecuador, Mexico and a lot of people from from different countries from Latin and we I think that what tree in the present is it's a good tool for us to Have an alternative for the different for the traditional system Between I mean the the government's the bank system We we really use crypto and blockchain to in our day in la cotidian a that And then in a dated in a daily basis. Yeah, just if you want to Send value or send money to your friend or family or whatever So I think that we we are not thinking in the future We are thinking in the present It's a different approach Yeah, what do you think Jake? Yeah, I think it's an interesting question I think there's also a satirical Twitter account called web3 is going great Which posts about all the hacks that happen all the time So I mean it depends on how you look at that sentence I think like overall like having seen the last kind of five years of the global hackathons and also just like in general watching the ecosystem I think like a really good signal is just a lot of really smart people have kind of come to the space and stayed It's like a really kind of interesting environment where it is the frontier in a lot of ways And I think we don't really quite know exactly what we're doing But that's actually like a really exciting opportunity for smart people to come in and like think about these problems think about how they can serve You know underserved communities how they can kind of serve like with these new Kind of primitives that we've been building in web3 So I think like just overall like seeing kind of the community grow Significantly and having smart people stay and continue building is at least a really positive great sign So I think from that aspect web3 has been going great, and I think there's a lot of other aspects in which it is Brian Yeah, I think there are a couple of different dimensions along which we can try to answer this question First off, I think that you know to echo what the other Folks on the panel have mentioned there are a lot of things that we should be very proud of I think there's a lot of really promising Seeds around community I'm really excited just to see you know with DevCon being in Bogota and just looking at how much Global activity there is worldwide around Ethereum development. I think that's you know so so promising to see At the same time I think it's important that we're continually taking a very like critical Perspective on what can we doing better? What can we be doing better? What value have we really created so far right like at the end of the day? This is technology that has to impact end users, and I think that's been one of the challenges, you know for Web3 for you know a long time. I mean it's really fantastic to see that payments Actually have taken off and are serving so many financially underserved people You know when our crew from Xerox Park came out here to Bogota I've been super surprised by how many of our you know Transactions actually involve people requesting us to send cryptocurrency That's like a really encouraging sign at the same time when we look at like various industries for example crypto gaming I would wager that there's like despite all the speculative hype around that There are fewer than 10,000 people in the world who have probably had a fun time playing a crypto game And for the size of that industry the industry that's actually something that we need to be really critical of and that we should be Continually raising the bar and challenging ourselves on so I think that there's a lot of promising seeds, but you know like Eda said there's a lot to think about improving on Okay, I want to talk later about the Latin American and real users but first of all I want to For the audience to understand what are your product your projects What are the problems that you are trying to solve and What kind of impact does your team hope to live on the web free ecosystem and the world in general? Maybe we can start with you. Yeah, for sure So I mean my answer to this is gonna be a little bit perhaps hypocritical given what I just said about the importance of Connecting to end user, but I do think that there is actually really very deep and important connection So the Xerox Park Foundation focuses on what we call application level research and development And that basically means trying to understand what are the technologies today that enable use cases? Perhaps two to five years out thinking beyond things like you know I know in the last couple of years There's been this massive bull run and all this activity on the application level But a lot of it looks like you know quite incremental improvements things like oh, you know Let's build another DeFi app. That's that like the sixth level of financial engineering or let's build You know and accessibility is very important But once you get to like here's the end wallets application with like a marginally better mobile UX or something How do we encourage the space to think bigger about like how might things like zero knowledge proofs or things coming out of you know cryptography Academic literature impact the ways that we think about privacy and you know digital transactions online So that's mostly what we focus on and you know We're just hoping to start planting the seeds for impactful technologies that that might reach those end users two to five years down the line Yeah, sure Yeah, so I work with ETH Global what ETH Global does is primarily kind of grow the Ethereum developer ecosystem By bringing in web to developers being them where they are helping them with education Through the hackathons that we run like ETH Bogota this past weekend and then ultimately kind of helping them through that journey If you think about it joining what three is always like a very kind of stressful situation There's a lot of stuff that's happening lots of noise. ETH Global kind of tries to be the signal And then the other thing that's really important about us and of course the second part of our name global Is that there are talented people all around the world whether Latin India? North America Europe whatever There's just like tons of talent in the world and not everybody has the same Opportunities to kind of travel the world or go to the right institutions or whatever So what ETH Global also tries to do is bring our events our community the Ethereum community in general To these places all around the world And help kind of kind of bolster their local communities as much as possible Through our hackathons in our events. So that's what we've been up to for the last five years It was created this year So we are so young it's a young project and I think that it was created With the vision of the road to the outcome. So I Think that we have a lot of community in Latin. I don't know Chile Peru As I say or Honduras, Ecuador Argentina all the countries has leaders Has Communities so we try to improve the Connections between the countries and the communities and the first step was create it La Tambueno Aires to to have a big event Argentina has a strong community with builders on Ethereum, but we never We have never been We have never been an event a big event Yeah, I had problems with these things But what we had it global into? 2018 but we had a big pause a bit So many years without nothing just small events and Now now well, yes Mondays we had it Latin Bogota and it was a point of meeting Bundo Encuentro for all the leaders and we have to create our identity It Latin is growing Is involving so we don't have to We don't have the Objectives of the goals we are creating because we We have never been in touch together between the communities or yeah, I Think that we we were in our countries with our ideas with our context But this is the first time that we are talking between us and it's amazing In person in person. Yeah in person and we now we are We are working like it Latin with all the latino-americanos and latino-americanos and we are trying to Find what are our problems how to solve it It's a hard working a hard work, but we are walking to the to the goals Amazing that they are doing an amazing job between the communities. I have to say that either Yeah, so I'm part of bill guild or bitter Giddle Basically what we are is we're a web 3 developer community We think a lot about onboarding developers and providing the right tool set to them like giving them opportunity to learn and prototype As well as like while doing this also earn some income at the same time We also have our hackathon starter kit scaffold eat as well So we maintain that we create like different prototypes and it's a way for developers to kind of start Experimenting without moving full-time and you know, it's kind of a way where you know You can graduate to either building your own product or also go work at a web 3 community as a developer So yeah, that's kind of what we're up to Great what one thing that is different from web 2 is that web 3? Have a very important Actor in the in in in your projects is the community, right? What is the role of your community in the decision-making of what you do and how you? Listen to them and what they they want You have the microphone Yeah, for sure. So I think Actually a big part of ETH global's journey over the last little while has been kind of realizing actually exactly this that community is centered to what we do and actually thinking about actually global the company is more of kind of a Project that helps service that existing community that we've been able to build So yeah from that perspective, we're certainly thinking a lot about Different things in which we can do to help support them So we actually just kind of publicly announced this past weekend at East Bogota a couple of new ways We're thinking about doing that so we've been doing hackathons obviously over the last few years But now we've also launched guides which are kind of self-serve education platform Kind of think of that as like kind of maybe the minus one to zero the hackathons Then being the zero to one and then we also want to help people on their journey from kind of going from web to Building a web three for the first time and then joining a web three company with jobs So we just announced jobs as well So this is all kind of based on feedback that we've learned from our community and just sort of what we've seen over The last few years that you know We've been able to see kind of a lot of awesome people come through our doors stay a lot of them are actually in the audience so hi everybody and Then yeah, I should kind of come into the community and either build something great and kind of have that be part of the community And their way of kind of impacting it or joining an existing project in the space and and taking it from there So we're just trying to support people within our community now within you know more different ways than just the hackathons We've been doing traditionally and in your case head up Yeah, so basically What we tried to do a lot is So we don't yeah, like I think it's nice for developers because we don't provide them like a specific You don't have to do X project But you have the flexibility to kind of choose what you're interested in and kind of build that so let's say, you know You're interested in Integrating with Lance protocol you can do that you can have different alternatives in that sense and you can kind of Yeah, it's a very free community in the terms that you know Every developer is welcome to build whatever they're interested in and kind of earn money for their contributions into the community And all the all the resources we provide are completely free and accessible all online We also like it's a yeah It's a public good for the ecosystem that we don't like take anything from the developers contributing or Yeah, it kind of just you can meet other people you can network with other people create different projects together So yeah, I think it's a very core developer centric community in that sense I'm going to introduce you in a moment I need to find the info and Until that please You're yet the role of your community and how you listen to them. Yeah, I think that something really powerful happens when you approach R&D or development from a bottom-up rather than a top-down kind of perspective I think that there's you know one world where you can imagine a lot of the Research being done in the space being instigated by like monolithic organizations that have top-down research agendas Which they hire researchers for and then you know manage them to hit specific research outcomes And I think that this early on in a technology's life cycle, you know a technology so early and promising as a theory And we can't predict no single person can predict what the most interesting Directions are going to be and so we rely very heavily on our community And you know we frame ourselves as largely in service to a community of people who are really owning their own visions So what we try to do is we try to educate folks I think there's a lot of similarities here for example with with global But we take people in we try to educate them in a lot of these new tools And then we have some general areas that we think are interesting to explore for example like zero-knowledge Machine learning or something like that and let's take a machine learning specialist teach them how zero knowledge works and then Leave it to them to start to articulate like a research agenda or vision for that sub-domain And then our role starts to become like connecting them with the experts on the cryptography side Or providing financial support via grants or educating or those kinds of things So I think the community-driven development here is really important That that's what may we're pretty friend welcome Oren From from jailer dot one is quadratic finding right? Can you please introduce yourself and the question that we are answering right now is What is the role of the community and how you listen to them to make decisions? Right start for being later on. I got double booked but Yeah, hey, I'm Aaron from clear fund in terms of the role for the community I guess very much depends on the the context or what kind of a Yeah, the context In in the context of clear find I think that the role of the community there is essentially helping to Allocate funds to public goods projects. So quadratic funding is this really neat mechanism where you take Inputs from a whole bunch of different people in in the form of contributions to projects that they value and then quadratic funding the CLR mechanism essentially spits out an allocation that Reflects both the preference and the strength of preference of all of the individuals in the community that contributed to projects that they value So in the context of clear find I think the community's Biggest input is that it's helping to allocate funding to public goods great Thank you and Romina in Latin America the Latin American communities I think that we have to create our own flows our own criteria to Start creating metrics and how to Medir To mention to mention the the impact for example, I was talking with Carlos Melgar from Honduras. He's from the nice land in Othila And we are I'm collaborating when with the quadratic funding team the of the Ethereum foundation we have to The applicants has to pass a KYC and Carlos Say he he told me two days ago. Hi, Crypto Chica. How are you? I applied to the quadratic funding brown, but I'm a bit worried cause They they are asking me for my bank An account and my address and I don't have address and I say what do you do? I don't understand and he told me yeah, because I live in a in a nice land So I don't have an an account We don't have address if you want to go to the house of a friend you have Reference, but you don't have a on the street or a number and I don't have a personal account bank and we paid our Electricity and lights in a prepaid way. So it's very different of any capital or big city They have a specific requirements We have to know Like it Latin like leaders of Latin we have to Talk a lot with our communities and with other communities to understand Where is the Where is the starting point the starting point cause I think we have a lot of pre-concept Some now notions But I think that we have to Check with numbers and data hard data strong data and then we need to start to design The the solutions but now we are exploring and we are trying to understand Don't know This is my first time talking in in English in a panel Romina if you want to know more about her there is a knee and the New York Times article so good That Presented that the story of Romina around 50 currencies. So I encourage you to read it I I I listen to your to your page and your projects and everything is perfect What are the challenges that you're facing who wants to start I Mean for us we're Building on really novel technology. I mean Ethereum itself is a very novel technology And then we're kind of taking that a step further building on top of zero knowledge proofs using Macy this minimal anti-collusion infrastructure Built by Privacy and scaling solution to a team funded by the Ethereum foundation And this yeah, it's it's bleeding edge technology. It's it's really incredible. It basically allows us to Run a quadratic funding round or kind of more generally run a vote in a way where the inputs are secrets and you have no receipts So you cannot tell how I voted I cannot tell how you voted and because of this quality It it makes it much less effective to attempt to collude to bribe to coerce people into voting or contributing in a way that's different from how they would like to But building using this stack of novel technologies that are upgrading frequently and Not yet audited had not yet been tested at scale Is a constant challenge we run into hiccups and roadblocks and whatnot constantly but I think that's part of the challenge that's part of what we kind of sign up for when we're again building on this on this stack of novel technology on novel technology on novel technology and The the reward is really worth it. You know, ultimately what we're creating is this this system for permissionless trustless private voting quadratic funding which is a really really powerful tool to Enable all kinds of communities from from the Ethereum community to the broader Latin American community and Outward and onward from there I think Jacob you have the microphone. Yeah, that's right. I should stop holding the mic Yeah, I think on on our end You know, I think one of the biggest challenges is you know, we haven't actually found a sort of ceiling for demand for our events Like they've been continually growing. We've been doing more and more But you know as a small team We probably just can't service as many different regions around the world as as we'd like to like Romino pointed out like we hadn't done an event in Latam until this year since 2018. Sorry for that by the way and but you know, it's not for a lack of caring about these markets and and also You know folk is just literally we just don't have enough time or people to run more than six in person events a year It's they're all huge undertakings So yeah, I mean on our end. I think you know trying to find ways to make each global more efficient as an organization to empower other organizations To frankly just hire great talent internally to be able to do more and more of our mission I think those are probably some of our biggest challenges right now It's just just you know trying to do more of what we're doing and to support our community even more It's not only Difficult to find it's so expensive right now. Sure. Yeah, it's very expensive right now. Yeah, either Um, yeah, I could actually also double click on what Jacob kind of mentioned So at bill guilds like I think we think a lot about developer onboarding developer tooling and education and We like create different content or tools to do that But also like try to understand what is the most effective like sometimes, you know We try to gather a lot of people in a telegram group, but that's not the most effective way to communicate So we try like different ways to approach like to create new projects highlight the prototypes We're building Yeah, I think like those are some of the main challenges because it's like very new We just try to experiment with different things see what's going well and kind of continue with that But again, we're also limited by size and the technology is kind of all new So building on new technology with small team with everyone learning They're like a lot of challenges which you kind of face and determine what to do next at that point Yeah, I'm gonna maybe highlight another dimension of Like some of the challenges that these kinds of orgs might face so I think that in crypto and Web3 broadly there's this massive iceberg of Value creation across different levels of the stack whether that be from community management Or from, you know, maintaining infrastructure open-source software research and development that kind of thing and only a small kind of you know Relatively small tip of this iceberg is capable is capable of being value-capturing and so one thing that is just a difficult problem to face is the incentives problem of You know, for example, if you have folks coming into the ecosystem How do you get them excited about contributing to all of that core infrastructure that? Actually, you know kind of powers everything like it's both from an incentives perspective as well as from the fairness perspective as well as from a resource allocation perspective, it's not necessarily going to be sustainable if you have people coming in and You know, there's a ton of work being done by open-source developers community managers educators a lot of grant money coming in from nonprofit foundations to help support or instigate these new kinds of you know, whether it's like product directions or whatever else it is and All that all those resources come flowing in and then afterwards, you know, like a venture capital firm Like swoops in and sort of takes kind of like all of the upside from that and it goes up to all these LPs And not saying like there isn't like that capital markets are not important They're very important actually for driving specific types of progress and innovation But then there's this big looming question around like how do we continue to incentivize people to work on the things? That power this whole thing that are kind of under the surface that don't have as direct of a value-capturing mechanism And that's one thing that we've been you know, trying to think hard about and I love these experiments like protocol guild and You know, everything that clear fund is doing around supporting these public goods Popular popularizing those mechanisms is just as important also as the technology that that powers them So I think that's a really big focus as well and you Romina Well it let them at the at the time we only had to Event in the past but we we have a lot of goals and priorities one of the of our Priorities the education Right now we have some companies in La Tom Who made who make customer acquisition in our communities? So we try to create communities like public goods with Cop Cooperative for free For everyone, but we don't have an strong alternative. So one of the Goals of in the future for it Latin is to create an educational hub And it's very important for us because here in La Tom. There is a lot of ghost chains and scummy chains We have the opportunity to Connect with the users and the builders again in when we experiment in the past that defi summer a lot of people knows ethereum and knows NFTs and then the expensive gas fees Alejo push away a lot of people just because the people couldn't deploy or Send money or whatever in on chain. So if we Create a strong of a strong education I have to Share the knowledge about a layer two's and public goods I think we have a an historical opportunity to onboard a lot of Latin Americanos That's true education in Latin America and in developing countries is so important as I have so many top topics to talk but we are out of time