PintSwap Coffee Chat 28th Sept

The speaker discusses various updates and plans for their platform. They mention adjusting their audio setup and preparing for a Twitter space event. They are also exploring options for additional exposure and working on the development side. They mention working on the user interface and design to attract more serious investors. They discuss the need for liquidity and attracting institutions and foundations. They mention that they are on track for their launch and hope that the markets are favorable. They address questions about contract audits and measures to prevent sniping. They also mention upcoming content releases such as the white paper and pitch deck. They conclude the discussion and bid farewell to the audience. I'm good to go. Hey guys, I had to adjust my audio set up real quick still. You hear me all right, Max? Yeah, I can hear you perfectly fine. All right, cool, this works. Let's give it a moment for people to join, and then we can kick it off. I love that. There's really a thousand people in this space today? Yeah, yeah, it was quite a big show. The only thing that I'm questioning is how many real people it were, because I doubt it were like a thousand. Definitely good attendance, but that number, I doubt it. That's cool, how'd it go? Sorry I missed that. I just didn't put it in my calendar, I guess. Oh, no worries. It was a general chat. We got some good exposure. Yeah, I think, yeah, it was like decent, but also, oh, let's wait till some more people come in or not. Well, I guess if nobody is joining, let's kick it off. Let's give an update from my side. We're at the moment trying to host like a Twitter space next week. We will be having a host at the moment. He hosts the biggest friend tech spaces of the crypto space, so to say. He's an excellent host. We're also trying to get like some KOLs on to join with us for like the initial exposure. At the moment, I'm also exploring the options to get like some publications out in, yeah, some blockchain slash crypto news platforms for some additional exposure. And aside from that, I'm also chatting with KOLs to write some thread about Pineswap, so to give like that extra boost. And aside from that, yeah, we are full on on the development side and I can give Adrian a word to give you guys an update of where we're standing right there, right now. Yeah, it's been a grind. We have the engine like basically worked out. So it was just the thing like we just got, we're testing the actually sending a bundle like to the network. It's only the last step is making sure all the transaction parameters are correct. So really just on like some of the last details of that, but everything prior to that works for a single run of an order match. So once we do have that working, we can actually support parallelization and kind of do order matching as quickly as possible. And as many processes as possible. So pretty efficient framework put together. Just kind of waiting on the last details, like figuring out these few parameters that we have to set correctly to dispatch all the set of transactions that we have in a given level. Perfect. Thanks a lot for that on the technical side. So as you can hear, we are still on track with everything there. So we're good to go. Me and Alan have also been working hard on the user interface slash design, as you could have seen like on the thread yesterday, we got like a little teaser of the new website. We think like it will give like more professionality to the platform, which will help us attract like the more serious investors as well. Like initially we were focused on the regions, which we still are. However, to bring liquidity to the platform, have market makers there. It will also be essential that we, yeah, get like some more institutions slash foundations on our side to bring liquidity. And as we believe like regions will not stay away from a platform because it looks, you know, it looks too professional, but the institutional players will stay away from a platform that looked too region, not professional. So that's what we were trying to achieve here. And I think we're on a very good, like we were in a very good position to get there. What else? Yeah, I think for now, those are like the most important updates. It's like a new design. It's like we are on track with like the technology, the Telegram bot. We need to have the engine finished so we can implement it. But besides from that, I think we are very well positioned for our launch. And the only thing we can hope for is, you know, history repeats and we are going for like an October. So the markets are on our side. So yeah. I don't know like any questions from the community side that you guys would like to have answered. If so, please drop them in the chat or feel free to take the stage and ask your question. Have you had contracts audited? Well, this is a point that's asked before, but I think Adrian can give like a better answer to it. Yeah, so right now there's no smart contracts on chain. We basically have transaction scripts that are assembled on the fly. Those scripts have been reviewed though by EVM specialists in the space. But so far, no persistent contract. The contracts that are going on chain for the Pint release, the Pint token release, are forked from some pretty standard boilerplate, even the token itself being forked from Unibot and a lot of the other subsystems straight from OpenDevlin. A lot of the work that happens for the protocol is actually done off chain. So it's really a client-side review that needs to happen. But yeah, all this stuff is underway. Yeah, so to be added to that, like later down the road, especially once we have our Telegram bot, yes, we will make sure that, like actually it was a point of discussion today during the Telegram chat, and that's the security of the Telegram bots. And yeah, we will make sure that we are on the same level as the industry standards in terms of security there. However, and Adrian might notice, but I don't think there is like on the Telegram bot side, like a proper audit. It's not like a contract audit then, right? It would be something like a security audit, I guess. I guess it would be a security audit. I hadn't heard of anything like that happening in the space yet, but I'm sure it's something that should be done. I think you'd have to come in, like the auditors have to come and look at your actual service on code. It's kind of more like a traditional audit than like a blockchain one. So yes, to answer Swell's question, at the moment we do not have an audit because well, at this point we have like reviewed by some experts in the space. However, in the future, when we have contracts that will handle customer funds, yes, we're definitely open to do like an audit. I think that's the best question for it. I mean, the best answer, my bad. Is there like any other question that you guys have? He's typing or she. At PGE, will there be any measures to sniping like higher text for the first 10 minutes or whatever? Well, obviously this is still something that can be adjusted. Let's take as an example, that analytics they had, I think for the first few minutes they had like a 20 or 30% tax. So the people that would snipe, yeah, they would pay like a significant price for that. But at the moment we do not have, we do not plan to have like higher tax for like the first 10 minutes because it would not only hurt snipers, it would also hurt for anybody who would like to sell. But if there is from the community side, everybody thinks it would be good to have like a higher tax in the first 10 minutes. Yes, then we're definitely open for this discussion, Adrian. Or do you think, have any difference here on that? I think that we could do something about that. It's like the contracts right now, this is a flat tax that it can be adjusted. So we can definitely launch a higher tax. I think it might be a good idea, honestly. Okay, so I think that question is answered. Well, I don't see. Cool, thanks guys. Okay, great. Is there any, let's see, join in for the coffee chat now. I think if this is, oh yeah, by the way, also an update on the content side, either today or tomorrow, we'll also publish like our white paper, making like the last adjustments that will be published. We're also working on a pitch deck. So I hope that, or well, I hope we should have it done like the content this week, then we get like a designer over it. And then we should publish it like next week. We believe this will help us in getting some of the unchained funds or unchained whales on board, because this is like the kind of content format it's most adjustable for them. I am also working on a one pager, which is basically for the community to share with their friends. If you're talking about find swap, but you kind of, you find it like difficult to exactly explain what we're doing, you can just send them like that one page. And within 30 seconds, they have like a pretty good overview of what we're doing, what we're trying to accomplish and what we're offering. But if there are no more questions from the community side, I think this is a good time to wrap it up. So please feel free to drop in like any last questions if you have them. Otherwise, I want to wish you guys a good evening, afternoon and catch you guys in chats, I guess. Take care, bye bye.