Unlocking the Secrets Behind Cryptocurrency Exchange Success

Join the ranks of the crypto-curious and blockchain-savvy in our latest episode, featuring Jide Fashola of the Cardano Foundation. Jide's narrative unfurls from his roots in Lagos, Nigeria, to his influential role in shaping Cardano's global financial infrastructure. As we converse, he imparts his profound journey through the tech world, beginning with his discovery of crypto via Perfect Money and culminating in his dedication to Cardano after being inspired by Charles Hoskinson's whiteboard video. Jide's unique perspective on blockchain's capacity to revolutionize remittances, land deeds, and visa applications in his home country is both enlightening and inspirational.

Navigating the labyrinth of cryptocurrency exchange listings can be daunting, but fear not—we're here to guide you through it. Our discussion demystifies the real strategies and processes behind getting tokens onto exchanges, from the art of building volume on smaller platforms to the patience required for landing on the more prominent ones. We're spilling the beans on the collective approach for bundled listings and providing a roadmap for new projects seeking the limelight in the exchange arena. If you're part of an emerging project or just fascinated by the journey tokens take to become tradable assets, you'll find this episode to be a treasure trove of insights.

Wrapping up, we cast a gaze towards the broader horizon of Cardano's global adoption and how the Cardano Foundation fosters this growth, particularly in the US and across the world. From the peculiarities of Cardano transactions on popular platforms to the Foundation's support beyond technical assistance, we cover it all. Anticipate a candid exchange on the challenges of American regulations on innovation and their impact on the international adoption of blockchain technology. Whether you're a developer, Cardano aficionado, or just keen on the global blockchain movement, our deep dive promises a compelling narrative and actionable wisdom.

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Transcript

Speaker 1: 0:00

Welcome everybody to Cardano over coffee. We got a great show for you today. And remember you can join us live on X spaces Monday through Friday 930 AM, eastern standard time, 2 30 PM UTC. Boy, do we got a great show for you today. Joining us is G dad, for surely from the Cardano foundation. He was formerly the head of good integrations with centralized exchanges and has since been promoted. Listen in to find out about all the work that he's been doing for the Cardano ecosystem.

Speaker 2: 0:32

Hello, hello everyone. How's it going? Yeah, my name is Gide Fashola and I am the head of technical integrations. Well, I used to be the head of technical integrations at CF. Head of technical integrations. Well, I used to be the head of technical integrations at CF and now I am the global financial infrastructure lead at Cardano Foundation.

Speaker 1: 0:54

It's a pleasure to be here and thanks to everyone for joining. Yeah, it's great to have you here, and why don't you, can you? We just kind of start this conversation off by maybe getting a little introduction to you and who you are and how you even got involved in crypto and then cardano specifically?

Speaker 2: 1:11

yeah, so, um, I was born in lagos, nigeria, and I stayed there until 2008, when I decided to move to dublin, ireland, to study computer science, and after getting my degree in computer science in Dublin, I just started working. Ever since then, my journey in the crypto space is pretty interesting, actually, because I started using Perfect Money in 2010. So I think Perfect Money was established in 2007, if memory proves me right, and that also led to introducing me to Bitcoin, because Bitcoin was used as an alternative to Perfect Money at the time, but I didn't really do much research around what it was and how it worked, etc. Etc. So I was just using it. You know what it was and how it worked, et cetera, et cetera. So I was just using it, you know.

Speaker 2: 2:12

And come 2015, I heard about Ethereum and I started doing extensive research in the market around Ethereum and the other tokens that were being released at the time, and I came across the whiteboard video the famous whiteboard video of Charles Hoskinson, and that sold me completely into, you know, trying to understand the problems we're having in the blockchain ecosystem and what Cardano is doing to resolve those problems, and ever since then, I've been a blockchain enthusiast. So, yeah, charles Hoskinson was the key person that wheeled me into this ecosystem.

Speaker 1: 2:49

That's kind of crazy, because I've interviewed a lot of people and if I had a dollar for every time somebody told me it was that whiteboard, I'd be a whale in the Cardano ecosystem.

Speaker 2: 3:01

I know it's a famous one, isn't it ecosystem?

Speaker 1: 3:02

I know it's a famous one, isn't it? It is, and you know what other one is? It's the TED Talk too. A lot of people caught the TED Talk first, and then that led them to the whiteboard. That's quite an interesting tale.

Speaker 2: 3:17

Didn't hear about the TED Talk. I need to check that out.

Speaker 1: 3:20

It's like a TEDx talk or something. I don't remember. It's been a while since anybody has mentioned it, but I have to look back into my notes. Uh, so, but neither here nor there, right. What, let's, let's kind of get into how did you join the foundation and what, what's that journey kind of been like for you?

Speaker 2: 3:42

um. So I joined the foundation about four years ago and this was when I started looking into you know, looking into crypto and blockchain, and I really wanted to be part of the revolution, right? In fact, one of the real things that brought me into blockchain and crypto is because I realized the potential of what it can do for people in Nigeria, especially around remittance and, for example, land deeds and so on. Also, one of the problems or issues I had was and still is a problem is regarding applying for visas, because I have a Nigerian passport, right, and in order to apply for a visa, you need to give the institution all your details, more or less. It's kind of like you're selling your soul, to be honest, because they ask for everything and rather than having to give them all those details, why don't you just give them exactly what they need, right? And this is where I believe blockchain could come in and resolve that problem, and so that's that's one of the things that pulled me into into Cardano Foundation. So I decided, ok, I want to be part of this revolution, I want to try to make an impact with the foundation, and I started looking for jobs in in cf, and I was money.

Speaker 2: 5:08

I managed to find the platform integration engineer role where I started working closely with exchanges and my key role was to basically handle the exchanges to get them to list ada the ones that need to uh technical advice, uh assist them with hard forks.

Speaker 2: 5:26

So I did a lot of the hard forks in the past Alonzo hard fork and so on and to basically help them understand how everything works in our ecosystem, talk to them about listing native assets, how native assets work, how stake pool operations work, what different components they can use and how they can integrate those components as well.

Speaker 2: 5:44

About listing native assets, how native assets work, how stake pool operations work, what different components they can use and how they can integrate those components as well. So I moved from a platform integration engineer to head of technical integrations, where I was looking after three different teams that were building on Cardano blockchain as well as well. So those three teams were split into three different verticals. The first one was integrations tools team, and that team was building tools to facilitate exchange integrations, more or less. And the second team was the core integrations team, and those were the guys that were focused on really working with the exchanges on the core technical standpoints and helping them with any integration assistance they need. And the third piece was a bridge between the partnerships team and the integrations team, so that role was to basically ensure that whatever comes from the partnership team is dealt with correctly in the integrations team and the ball isn't dropped there and so on and so forth.

Speaker 2: 6:57

So now what I'm doing in CF is my new role is the global financial infrastructure lead and I'm still looking after exchanges, but just from a core corporate business development side of things.

Speaker 2: 7:11

So I look after mostly you know the likes of still look after integrations, but just the start of the integration, and what that means is if I meet an exchange that wants to integrate ADA, I would walk them through what different components they could use to integrate ADA and then I pass them on to the integrations team to do the core integrations with them. So I look after all the stuff like listings. I'm the main guy to discuss with exchanges and ecosystem projects about listings. We also do product integrations, so exchanges that are looking to build on Cardano, and also tools that we're building internally. Those tools require feedback loops and testing and so on and so forth, so we get exchanges involved in that process as well. I also look after exchange-related events. You know the likes of online offline events, amas, meet-in-person conferences and so on and so forth. So everything from a corporate development standpoint is what I'm looking after with exchanges today.

Speaker 1: 8:20

Exciting that you've kind of moved up there, changed a little bit of a position, it seems like recently and it sounds like there's if that a lot of your work has been with these exchanges, so it seems like you probably have a really great working relationship with them. One of my kind of questions right off the top of my head is Cardano has been around for a long time. Ada, right, it's been around for since 2017. We're now in, you know, seven years in, about close to um, how many exchanges are out there that are really looking still to just integrate ada?

Speaker 2: 8:58

oh, to be honest, I really can't give you that number, because it grows every day. Is there a lot?

Speaker 1: 9:03

I mean, I understand you can't give you that number because it grows every day. Is there a lot? I mean, I understand you can't give me like an exact number, but is it that many?

Speaker 2: 9:09

Yes, it's pretty, it's a lot. It's not only centralized exchanges. We also need to think about TradFi, the traditional finance companies. Right, they also are looking to list ADA, and that's one thing we really need to push forward on in Cardano Foundation, because there are a lot of traditional finance companies that don't list data today and they would like to list data.

Speaker 2: 9:31

Like, for example, in Dubai, when we went to the World Blockchain Summit, I met so many traditional finance companies that want to list data right. So besides centralized exchanges, you still have banks that need to list ADA, so that number grows exponentially. I can't really say really and truly, because even today, there are so many exchanges we don't have relationships with, simply because they were able to list ADA on their own and didn't require any technical or financial or marketing assistance, and some of the times we would never even hear from these sort of guys or people you know.

Speaker 2: 10:07

So we can't quantify that number, unfortunately, but that's one of our core goals to actually close the gap there and see how we can ensure that we have a list ADA, we are aware of them and we're able to assist them accordingly.

Speaker 1: 10:21

You had brought up. You were recently at the Blockchain Awards in Dubai and I believe that you were the one that accepted the Layer 1 Blockchain Award. Is that correct and how was that experience?

Speaker 2: 10:37

It was great to see. To be honest, I thought Ton was going to win because, yeah, they were looking pretty strong, but it was great to be at Blockchain Life. It was great to see the enthusiasm of people and how the ecosystem is growing a lot. It was also good to see, you know, not just only blockchain developers attend these events.

Speaker 2: 11:01

You also have a lot of regulators policymakers attend these events. You also have a lot of regulators policymakers you have brand new people that don't know anything about blockchain asking you about what is cryptocurrency, what is blockchain, and for me, that's a good thing, because these are fresh minds in the in the space. Right, I really want to hold them and bring them into the space correctly. Um, so, receiving the award was a great accomplishment, you know, to be able to see that the community knows what we are building and what our goals are. And we've also achieved what we set out to achieve from the start because, as you know, our roadmap is very clear, clearly defined, and we are following that roadmap in a very strict way. Right, we are not going beyond what we've defined to do. So it's just great to see you know our accomplishments so far and what we've done and where we're going. So more to come.

Speaker 1: 12:04

Yeah, I'm sure there is exciting future ahead. Right, I went to Chad. Our cohost went ahead and found the YouTube of the Ted talk from Charles. It is now pinned to the top or down in the comments If you're interested in never seen it so thank you. Yeah, so let's talk about. I know one of the things is a lot of people have been talking about recently is Cardano native assets and we're not seeing a lot of exchanges list them. Is there a lot of technical difficulties into listing a Cardano native asset versus, say, ADA?

Speaker 2: 12:52

That's a very good question, actually. So, no, it's almost the same thing integrating ADA and integrating Cardano native assets. Almost the same thing, not 100% the same. But what we find is that exchanges list ADA because obviously ADA on its own is a great asset, right, it has great technology, it has a great team and so on and so forth, so they don't really need to ask us for listing fees or any of that to list the asset, because it speaks for itself. However, other native assets don't have the same level of reputation that ADA does, so therefore it's very different. When they are looking into listing these sort of assets, it's mainly due to high standards, right, and a bunch of other things, but the high standards will stem from the likes of reputation, so exchanges would prioritize projects that have a solid track record.

Speaker 2: 13:56

You know, positive community sentiments and transparent development teams. Another thing they look into is technical rigor, right, they conduct thorough audits of a project's code base, smart contracts and overall security measures. That's another big thing that they look into and obviously tokenomics and market potentials. In fact, exchanges will rather list assets that haven't been listed on any other exchange and they're brand new. That's another criteria to look at.

Speaker 2: 14:25

Now, one thing that's one problem that I also find with ecosystem projects is one they only look into tier one exchanges, the likes of Binance, coinbase and so on, and I think that's not the right way to do it, because binance and coinbase their criteria is very, very high, right, and in order for us to reach that criteria, we need to be able to be listed on mid to lower tier exchanges, localized exchanges, and that would obviously increase visibility and therefore increase usage of the assets, which would increase the volume of the assets and that would get the attention of these tier one exchanges. So listing fees is a big one. Also, a lot of ecosystem projects run away because they don't want to pay the significant costs involved, and it's fair enough. Can I ask?

Speaker 1: 15:24

asked you a question, and I'm sorry to interrupt you, but maybe you can answer this. Maybe you can't right, because we hear these numbers being thrown out throughout the community for what an exchange price is right, and I'm sure that it varies very wide across the board. Yes, can you give us a general idea of what projects would need to kind of have in their kitty or in their savings in order to kind of pay for these listings? It really depends.

Speaker 2: 15:56

I think Some exchanges can do bundled listings, which means they could accept that multiple projects pay the same amount for one listing. So say, for example, Exchange X is charging 100K for listing right. They could agree to bundle five different projects in one listing and each of those projects will pay 20K Right. That's one example. Another example could be that we there's some sort of agreements that they have with the project and they even get them listed for free, but down the line they have some sort of agreement that they do to get their money back, but that one barely ever happens and usually your basic exchange listing, pure exchange listing, it varies from around 80K to 400K depending on the exchange you're talking to. But that's the range of.

Speaker 1: 16:56

Yeah, and I assumed you know, depending on volumes and everything else, that that would be a wide range from top to bottom. Exactly, I appreciate that information because you hear a lot of rumors and you don't really know because it's not coming from the source. So I appreciate that clarification. Something that you said that interested me was that bundle package right. Kind of I didn't know that that was even a thing that these exchanges did and maybe the projects. Some of them may be aware, some of them maybe aren't aware that this is kind of even an object like a thing, right.

Speaker 2: 17:36

Well, I've been working closely with an ecosystem project I won't say their name and we actually put together about 17 different projects in our ecosystem that we believe are willing to get listed on exchanges, but to no avail so far. And you see, that's another thing. You have these ecosystem projects complaining about not getting listed, but when you reach out to them to get listed, you either don't hear from them or they're just not willing to go ahead with the listing because, again, as I aforementioned, they want to be listed on tier one's own, you know, and right now that doesn't seem to be.

Speaker 1: 18:13

So it's almost like they want to try to skip the process. Right, they just want to go to the tier one one, and if anybody has been in crypto knows that you always start. I've been around since 2017 and you always see projects, and this goes for every ecosystem that I've ever been involved in. They always get started on the small exchanges. That helps build their volume, because that is extremely important to those tier two and tier one exchanges, to those tier two and tier one exchanges. So it kind of surprises me that projects are just trying to leapfrog the process and try to do their own thing when there has been a well-established process for this, exactly exactly.

Speaker 2: 18:58

I find it a little bit strange, but listen, that's why I'm here to try to explain to these ecosystem projects why they need to do it this way. It's slow, but I think it will happen. I'm starting to get good traction from quite a few ecosystem projects so far, so let's see.

Speaker 1: 19:17

That's great to hear, speaking of which right you said that you would guide them, or speaking of which right you said that you would guide them. What would be your kind of if you were starting a project right and you were in this ecosystem as it is right now? Can you kind of guide us how you would try to get your token listed on an exchange and what these projects can kind of do, and is there help out there for them? Can they reach out to somebody? Um, what can we do to help them?

Speaker 2: 19:47

um. So while cardano foundation doesn't directly facilitate centralized exchange listings for projects building on cardano, we do play a supportive role in several key ways. So so, as I said before, we do the technical support, so we we assist anyone that wants to list ADA. We assist them end-to-end. We obviously also build these industry relationships that would help us know these exchanges and know the right people to talk to. That would help us with listings on the exchange. So we help with introducing projects to these exchanges.

Speaker 1: 20:27

And that's big right there. Just an introduction is a huge step. I just want to kind of add that in, because if you don't know where to go as a project, you don't know where to go 100%.

Speaker 2: 20:38

People don't really know how important that is, because you could also get introduced to a scammer right and that person would easily get scammed. So it's always very important to get introduced by a reputable person on both sides. So, yeah, that's where we come in, Obviously, because of our reputation, as well as Cardano Foundation, we sometimes might get you know some good packages for the ecosystem projects. It depends on how good the project is and the roadmap and the team and so on and so forth.

Speaker 1: 21:16

Excellent, so it sounds like it's a pretty lengthy process. Now, once a project, say, goes to a tier, tier three, exchange or however you want to tier it right one of the lower tiers, and they start working through that process of integration, do you know about how long that usually takes? I mean, it's not a fast process, right?

Speaker 2: 21:36

No, it's not a fast process. It's not because they need to do their due diligence and that usually takes a few weeks to do. Obviously, it also depends on the pipeline of the exchange. Some exchanges have really huge pipelines, like, for example, LBank for listings. Their pipeline is pretty big. But you know, I don't know if you saw a picture of LBank and CF in Dubai, so they're willing to, you know, assist. It's pinned to the top. It's pinned to the top.

Speaker 1: 22:07

I just pinned it to the top for those that want to see it Go ahead.

Speaker 2: 22:09

Yes, so we are just, you know, trying to get them to work closely with our ecosystem projects, and that seems to be happening now, which is a good thing. So we are trying to do a little bit more of those by meeting people, you know, meeting exchanges face-to-face, explaining to them what we are doing, the future of Cardano blockchain, because that seems to be a very interesting piece for exchanges. They want to know the technological advancements of the blockchain and that really excites them.

Speaker 2: 22:37

And you know they want to know more about the ecosystem projects in those scenarios. So we find it's very sacrosanct to our success to actually meet centralized exchanges face to face, and also regulators because obviously these ecosystem projects need to be regulated in order to be listed and traded across the board.

Speaker 1: 23:03

Yeah, and I think that's kind of something that's very important. Maybe that a lot of projects kind of skim over sometimes is the regulatory side of all this. Yes, Can you talk a little bit about what centralized exchanges and also the trade file that you were talking about earlier would look at kind of on the regulation side?

Speaker 2: 23:23

talking about earlier, would look at kind of on the regulation side. So on the regulation side I'm not sure if I should go into that because I'm not a lawyer or legal practitioner. So to be honest, I'd rather just skip that a little bit. But what I could say, is.

Speaker 1: 23:39

I knew I was getting that answer by the way. I knew I was getting that answer by the way.

Speaker 2: 23:44

What I can say is, though, that we are organizing sex events in October, the 23rd, in Dubai, and this event, the core purpose, is to bring together regulators, ecosystem projects and centralized exchanges into one room where we introduce everyone together. We pair these projects with exchanges and also with regulators, so they can talk to them and understand how everything works, because when I was in dubai, I also met with vara, and one of the key concerns is people don't file for applications simply because it's a very rigorous process. So they are working on streamlining that and making it easier for people, and one of the ways of doing that is to attend events.

Speaker 2: 24:36

And so they're going to attend the sex events. We're also going to have a lot more regulators there, so it will be very interesting to have ecosystem projects come down and centralize exchanges so they can understand the requirements to get traded in the UAE. So yeah, I'm not the best person to answer that, but I could introduce ecosystem projects to regulators in due course. Projects to regulators in due course.

Speaker 1: 25:01

I think you answered it just perfect by doing education right. You're bringing these people into a room together and that's the perfect answer. Let them hash it out from there.

Speaker 2: 25:12

Exactly, exactly. And this is the thing about CF. There are certain things we don't like to get involved in, you know, for the regulatory constraints involved, especially because we're Swiss-based as well.

Speaker 1: 25:27

Absolutely. I know we're kind of getting close towards the end here of our time. We had about a half-hour slot scheduled. I just want to make sure, if there's any questions from Chad or anybody down in the crowd, please come up. I'm going to ask that you be respectful and raise your hand. He may not be able to answer your question. He may tell you to go pound sand, and that's okay. He told me to pound sand and I'm the host, so I'm going to go with it, right? So if you have any questions, please come up, raise your hands. Sir, I want to thank you for taking the time out of your day and coming and chatting, because I think this is a conversation that a lot of people in the ecosystem need to hear for themselves and stop speculation.

Speaker 2: 26:14

I agree and I think, listen whoever's listening on this call. If you need help, just feel free to reach out to me on Twitter, on LinkedIn or yeah, twitter or LinkedIn and then we can take it from there. But I'm more than happy to assist you with whatever you need. I'm more than happy to introduce you to whatever exchanges, vcs or ecosystem projects you want to talk to. Whatever it is, you need to be honest. Just reach out to me and I can definitely get it done for you.

Speaker 1: 26:44

Appreciate that Right and and, and. I've always known that the CF is there to help people get. You guys get a lot of flack sometimes for things that are out of your control, but the CF has always been very helpful in introducing projects and things to me, to other people. It's a great, great resource for this community to have and I hope that they start seeing that a little more. Chad, you have your hand up. Did you have a question, sir?

Speaker 5: 27:12

I do Thank you, jad, for coming on, and just a couple of quick questions that I think kind of help like onboard people that are new to the ecosystem. You being somebody from Cardano Foundation. One question would be what Cardano wallet do you use personally, and the other is what crypto exchange do you use personally?

Speaker 1: 27:35

You're going to get told to pound sand.

Speaker 2: 27:38

Oy, oy oy. It really depends on what I want to do. I use a lot of Cardano wallets, I use Yoroi, I use Nami, I use Eternal. Actually, those are the three core wallets I use in the ecosystem right now. Exchanges To be honest, I can't remember the last time I used an exchange, so let me just put it that way. I'll leave it there I like it.

Speaker 5: 28:10

Great answers and just as like a financial law fan boy, have you ever met gary ginsler?

Speaker 2: 28:18

no, but you know I only started going to events last year, right? So potentially this year or next year I might meet him somewhere, okay.

Speaker 1: 28:50

Thanks, chad, appreciate it. Half bake through. The space is recorded and this space will be going out on every major podcast platform out there. That will take place later today or tomorrow, so if you missed it and you want to catch it, go listen to it on Spotify.

Speaker 2: 29:06

Sir, anything you want to finish up with, I mean, I'll just end with the trend of exchanges listing Cardano native tokens is likely to continue at a slow rate, but it will happen and as the ecosystem matures and demonstrates its potential, larger and more established exchanges will start to integrate Cardano native tokens. This is the hope and, fingers crossed, let's see everything pans out as we planned. So again, if you need anything, please feel free to reach out to me or any of the CF members.

Speaker 1: 29:44

Someone has their hand up. I can't see them. Somebody has their hand up. If you have your hand up, please speak. Oh, I think it might be a a bug, but thank you for joining us. Um, you're welcome to hang out. If you got stuff to go, do you can do that? We're just going to hang out and and bullcrap about cardano and all the amazing things that are coming up. I won't be making it to dubai, however, I mean we'll. Is there any chance that you'll be in Vegas?

Speaker 2: 30:22

For what events.

Speaker 1: 30:24

Rare Eva.

Speaker 2: 30:25

Do you know what Most likely, most likely I might be there? I'll let you know.

Speaker 1: 30:31

Well, heck, if you're there, I'd love to get together and meet you in person, because I think that's always the best.

Speaker 2: 30:37

Definitely, definitely, I'll keep you posted.

Speaker 1: 30:41

Shaggy, did you have a question before we leave him off the hot seat?

Speaker 4: 30:44

Yeah, I wanted to actually ask him to clarify something I have encountered in some of the TradFi spaces with Cardano integration. So there are apps like Cash App and Current and on some of them you can buy Cardano, but you can't actually send it off of Cardano integration. So there are apps like Cash App and Current and on some of them you can buy Cardano but you can't actually send it off of Cardano. Can you explain what's going on with that and then why a traditional finance institution would choose to go that direction rather than allowing us to transfer it off of their platform?

Speaker 2: 31:14

To be honest with you, unfortunately I'm not aware of that phenomenon. Can you maybe give me the name of the company?

Speaker 4: 31:22

so I could. Yeah, yeah, it's called current. It's an app. You can download it. Um. It's kind of like cash app and paypal. It allows you to buy crypto and a bunch of other things, um, as well as send people money, and you can get a debit card and everything through them but like I said you can't transfer the cardano off of their service yeah, that's weird.

Speaker 2: 31:41

I I well, technically speaking, that wouldn't have anything to do with cardano blockchain. In itself, right, it would just be how, perhaps some sort of legal constraint that puts them under the bracket of a financial institution or something along those lines. That's why they're not allowed to probably transfer it out of their platform. Now, again, I'm not a legal practitioner or a finance expert, but, thinking about it logically, I would say that's the reason and it has nothing to do with Cardano blockchain.

Speaker 2: 32:15

However, I'm more than happy to meet these guys and talk to them to understand more.

Speaker 4: 32:22

Thank you, though I appreciate that I'm just asking because it's one of the fiat on ramps. I tried early on and I bought Cardano through it and then couldn't move it, couldn't move it anywhere.

Speaker 1: 32:32

Yeah, I'm sure it's down to jurisdictions issue, jurisdictional issues and we've seen this in the past by like larger places too shaggy. Um, at one point on uh, I think it was cash app and paypal, right, you could buy crypto, but there were, it wasn't like self-custody, right, you couldn't take it and move it to a wallet. They just kept it on their platform and I think that's kind of like a business decision sometimes.

Speaker 4: 32:58

Yeah. I think Alan Cash app had worked as a fiat ramp for me since then, but yeah, current. Just there's no way to transfer at all, and I appreciate the answer though.

Speaker 2: 33:08

Thank, you, I would get the team to reach out to them just to understand how the infrastructure works and if there's anything we can do there to help them. But thanks for pointing this out, because obviously we meet so many people and sometimes you just miss some companies that have listed data, so it's good to know about this.

Speaker 4: 33:30

Thanks, and I sent you over a connection request on LinkedIn, so check me out.

Speaker 2: 33:34

Awesome Will do thank you very much. Um, yeah, so if you're building a cardano, if you're building a cardano blockchain, let us know we. We can assist you not only even technically, to be honest, with with finance side of things, with indirect marketing and anything else in between that we can assist with and we got one last question, then I'm letting you go, sir.

Speaker 1: 34:01

So I, because I asked for questions 20 minutes ago and these people decide they want to wait till the last minute yeah that's fine.

Speaker 3: 34:10

You know how we do here. Uh, today you said you started in africa, went to ireland. I was curious do you see cardano being adopted globally for its mass use case before we get with the program here in america, or vice versa?

Speaker 2: 34:32

uh, with america right now, the regulation is just holding everything back. It's holding innovation back. It's holding everything back, right? Whereas in Nigeria, if you look at the numbers, having check-in analysis, you would see Nigeria has the largest peer-to-peer exchange in the world as of yesterday, right? And what that really means is or what I'm trying to do is I'm trying to take that number and transpose it into builders, into development. So all these people that are trading and doing peer-to-peer exchanges, why can't they transpose their knowledge into building on the blockchain and make their lives easier make it better, they can make more money, and so on and so forth.

Speaker 2: 35:17

So one of my key goals in CF is to facilitate that by educating people in Nigeria and getting them to understand how to build and why they should be building on the blockchain, and I really hope that that would exponentially increase the adoption of blockchain as a whole in Nigeria and in Africa. So I think it will take off there first than the States. So that's my hope. I'm being optimistic.

Speaker 3: 35:50

Awesome. Thank you for your answer. Thank you for your time. And I had a homie in high school with the last name Fashola. No way, yeah, he ended up just going by Fashola, that's all we called him.

Speaker 2: 36:00

Same here. That's what my friends call me.

Speaker 3: 36:06

Have a good day, brother Fashola. He might be my cousin, you know, you never know.

Speaker 2: 36:13

You never know Small world baby. It was a pleasure. Thank you very much. Does anyone have any questions?

Speaker 4: 36:21

No, but if you see any of them Hogan's over there in Ireland, man, tell them that their other cousin, samuel, said hey, what?

Speaker 2: 36:26

it do, we'll do, we'll do, we'll do. Yeah, ireland is pretty small, so probably walk past Hogan once.

Speaker 1: 36:41

Appreciate you, man is pretty small, so probably walk past, walk past all good ones. I appreciate you, man, and we're just going to kind of hang out now, so you're more than welcome to to head out and appreciate your time and, uh, thanks again. That's about it, man. Keep, keep. You are one of the most passionate people and I've heard this as I talk to people preparing for this show about Cartano, so I just want to personally thank you for your passion and what you do every day for this ecosystem.

Speaker 2: 37:02

No worries, thank you very much. Special thank you to the community as well. Everybody knows us and our community, so I want to say thank you as well for your work you're doing in this ecosystem say thank you as well for your work you're doing in this ecosystem.

Speaker 1: 37:17

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