 Amurgo is the venture builder in the Cardano ecosystem. So there's three main entities, the Cardano Foundation, Input Output, Hong Kong, and Amurgo. So what Amurgo does is we help ventures build on the Cardano blockchain. We connect with companies who need solution builders. And then of course we fund those teams that are building. I started in the crypto space in about 2011. So I've seen it grow from a really tiny community to what's now Bitcoin is sitting at a $90 billion market, a capiterium at $30 billion. What am I excited about for Cardano? Well, I think the underlying technology, the software architecture has a lot of advantages that are extremely scalable. Some of the frameworks that we're building on, the use of functional programming languages, peer review. So we're taking basically software standards that have just existed for a long time. But they've been absent, completely absent in the cryptocurrency industry. And so we're bringing those hardcore standards into cryptocurrency and building the next generation of blockchain software. The idea of displacement is not new to technology. So if we're building cryptocurrency and blockchain technology with a better base, we have the potential to displace basically early movers with better technology. That's one of the reasons I'm very excited about the Cardano project, and one of the reasons that I got involved in the first place. I'm excited about the ability to have something both transformative, but something that's very applicable to that has regulatory interface, that it has the ability to build basically with the constructs that we live in every day. So that for me, I'm both an idealist and a realist. And so I'm happy to be working on something that I believe can coexist with the frameworks that we have today that have the technological backbone to have to transform the industry. Hello, good afternoon. I'm very happy to be here with the Cardano project. Happy to be here in Tokyo. It's my very first time. I've been in the cryptocurrency space and blockchain space since 2011. So I've seen a lot of changes in the space. I've seen it grow from just a few thousand people on internet forums to what it is here today. And of course, all your participation here shows to what extent that we've arrived as a cryptocurrency community, as a blockchain industry. And so I want to thank you all for coming here. So I'm very, very, very excited to be here and part of the Cardano blockchain ecosystem. I'm happy to work along the lines with Mr. Parsons at the foundation. Mr. Oskansson and Mr. Wood of IOHK. And of course, Mr. Kodama, who you just met, the CEO of Amurgo. So you probably know a little bit about what the Cardano Foundation does and what input output it does. But what does Amurgo do? What is it? So of course, that's why I'm here to explain. Amurgo is the venture builder in the Cardano ecosystem. So to understand what a venture builder does, we also have to look at how an ecosystem grows. OK, so if we look at how we grow an ecosystem, we can use actually two very key examples. So we'll take a little history walk down the evolution of the blockchain industry. So if you guys are familiar with Bitcoin, Bitcoin is the first cryptocurrency. It's the first blockchain application in the world. It's a value system. It's a way to transact value. It's a way to pass value from one person to another. It's a way to pay for goods and services. And actually, with the regulation that is now changing very friendly towards cryptocurrency in Japan, you can use Bitcoin to pay for goods as some large retailers right here in Japan. Now, as a value mechanism, it has some key characteristics that many cryptocurrencies also have. What is scarce? And two, it can be duplicated. And so this is one of the things that gives cryptocurrency such value, scarcity, and it cannot be duplicated. But how does the ecosystem grow? The ecosystem grows when you take that value token and you transact with it. There's a financial concept called monetary velocity. And monetary velocity is just what it sounds like. It's like speed plus money. Monetary velocity, which is a concept called monetary velocity, is just what it sounds like. It's like speed plus money. So let's take an example. We have Shibuya, where I have been staying. And I watch the people come and I watch the people go. And what do they do? They're moving, moving, moving. They're taking transportation. They're going out to eat. They're networking with people. They're taking taxis. So you have all of this velocity among people. So you have people transacting, and the more people that you fit into the SEPA system, the more you fit into Shibuya, the more you fit into Tokyo, into Japan, the more value you have in this economy. Well, Cardano has its own cryptocurrency called EIDA, which lives on the Cardano settlement lake. So the question for us in how we grow the ecosystem is how do we help EIDA become the fuel that powers financial technology throughout not only the developed world, but the developing world, not only in Japan, but in Singapore, in Malaysia, in Indonesia, in Argentina, in Nigeria. That's a lot of countries. A lot of parts of the world. How do we bring more people from across the globe to transact in the Cardano ecosystem? Not only for value transaction, but for paying for goods and services for saving. On the other side, we have computation. So if we look at a computational blockchain, one of the best cases is, of course, Ethereum. So the question is, how is Ethereum a $30 billion ecosystem today? It's a virtual machine, but its value comes from applications built on Ethereum. These applications are decentralized applications that store dApps and smart contracts. Ethereum has a virtual machine and data-based block chain. But the real value is the development of the application of the user. So therefore, Ethereum derives its value from applications being built on the infrastructure. These applications are computer code. And to run that code, you have to have actors that are paying for that computation. And that's how you grow an ecosystem on a computational blockchain. So we talked a little bit about monetary velocity. There's also the concept of computational velocity. The more actors, the more enterprises, the more people that are building applications on a computational blockchain, the more payment that's happening, the more the ecosystem grows. Well, Cardano has a stack infrastructure. It has a separate settlement layer and a separate computation layer. You'll hear more about that later from input out upon call. So how does EMURGO build and grow the Cardano ecosystem? How do we add monetary velocity and computational velocity? Well, we focus on the application layer. The application layer are software programs that you can build on the Cardano ecosystem that you can use every day. Anywhere from playing a game on your smartphone to trading contracts for houses or equities or commodities all on the Cardano ecosystem. So now that we know more or less how a blockchain ecosystem grows, what exactly does EMURGO do? So EMURGO does, how does it grow the ecosystem? EMURGO connects enterprises that are looking for blockchain solutions and connects them with the teams that can build those solutions on the Cardano blockchain and we help these teams grow through capital connections and resources. So our three main parts are the Cardano Enterprise in collaboration with the Cardano Foundation, Cardano Ventures, EMURGO Ventures, and EMURGO Capital. All right, so what is Cardano Enterprise? Cardano is an enterprise alliance where the Cardano Foundation and EMURGO connect with companies that are looking to build blockchain solutions. It focuses on alliances, it focuses on education, it focuses on developer resources. And what we do is we take these business applications, we take the real world business needs and what we can do is number one, we feed them to input alcohol, so they can build a smarter protocol. That way we're building the Cardano-based protocol to actually match the needs of the people that are using it. And on the second hand, we take the solutions that need to be built and we actually bring them to the developers. So we create a strategic funnel between the companies that need applications built and the people that are actually going to build them. So Cardano Enterprise feeds into EMURGO Ventures. What is EMURGO Ventures? EMURGO Ventures is where the solution builders lie. It's where we capture the development teams, the development talent, and it starts right now with our own research and development. EMURGO has established a laboratory in Vietnam that's already building DAPs and smart contracts. We can build the solutions that the enterprise needs, we can focus on education, and we can also connect them with other development teams. We can also connect them with different developer teams and develop them with the help of data. But the core of how we grow is connecting with startups. Startups, small independent teams that are working on innovator solutions. These teams are already building on a bunch of different blockchain applications on different technologies. One thing I'm very excited about with the Cardano ecosystem you'll find out from Mr. Hoskinson is that we have the superior technology already being rolled out that sets us well ahead of any other project. So what advantages do startup teams have when they're working with EMURGO Ventures? We can connect them directly with the enterprises. So what does that mean? A startup can know that they're building a solution to someone that actually has a problem. So we connect the solution builders with people that need solutions. They know that they're building to someone that actually has a problem that needs to be solved. For a small startup, revenue is important, so that can connect them to their first contract and give them cash flow. For a small startup, revenue is important, so that can connect them to their first contract and give them cash flow. We're also interested in connecting with and creating an ecosystem where these startups can grow. So we're looking to connect with programs such as incubators and accelerators. We're also looking to connect with things like startup spaces and co-working. Why? Because every team needs a place to grow. And these spaces are not just spaces to work. There are spaces to work alongside with other innovative teams. So you can build products that can work interoperably. You can grow together. You can share resources. And then we connect them with programs that help them grow big and help them grow fast. And then we connect them with programs that help them grow big and help them grow fast. I'm also happy to announce that Emeril will be opening our first co-working center. It will be located in Hong Kong. It will be focused on some FinTech solutions. And it will be finished by the end of this year. Okay, so how can you be involved with Emeril Ventures? Well, are you a startup? Do you have co-working space? Do you run an accelerator or incubator program? If so, please get in contact with us at infoadamogo.io. So these startups are building solutions. We're building an ecosystem where they can get plugged in. We're giving them a place to grow. We're giving them the tools to help them grow big and their first enterprise clients. And they're working on a collaboration with other startups in the community. We're working on a collaboration with startups in the community. We're giving them the tools to help them grow big and help them grow. However, one thing that almost everybody here may start, to relax at the beginning, is capital. So how do we help these young teams grow? Well, we have a capital injection. We will be setting up a venture capital week. So at Mergo VC, Mergo VC will be involved in early-stage funding for companies that are ready to build on the Cardano blockchain ecosystem. So we're looking to connect with startups that are interested in building dApps and smart contracts on Cardano. On the other side, we're also interested in decentralized funding mechanisms. Funding mechanisms that are made possible by blockchain technology such as ICOs and dApps. So we can provide not only financial support but ability to understand how best to structure a project. And how to navigate the ever-changing regulatory field. And last, we're interested in adding to our expert network. So we're looking for people that have been there, they've built, they know the pains, they can add to the vision. And these experts will turn into trusted friends, advisors, and maybe even your first investor. So how can you get involved with the Mergo Capital? Well, are you a startup that's looking for investment? Are you a developer that's looking for a team? Are you an expert that is interested in joining our investor network? If so, please write us at invest at mergo.io. So going back to the beginning, how does a Mergo grow the Cardano ecosystem? How do we build ventures and grow this and add not only monetary velocity but computational velocity? And we make Cardano, we make Cardano, so go ahead. How do we add economy, utility, and value to the Cardano ecosystem? Well, we connect companies that are seeking blockchain solutions with the teams that can build these solutions on the Cardano blockchain. And then we help those teams grow big through capital connections and resources. If you want to get in touch with Mergo, please write us at info.mergo.io. Let us know how you'd like to collaborate. We're also always looking for good talent. You can follow us on Facebook, Twitter, and LinkedIn. Thank you very much. I'm Darren Kamas, and I will now pass the mic to the person you've all been waiting for, Mr. Charles Askun.