Dec. 15, 2024

"I Hosted the Event where Vitalik Introduced Ethereum" 💥 - Interview with Moe Levin

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Explore the evolution of crypto events with Moe Levin, the mastermind behind Miami’s rise as a global blockchain hub.


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Transcript
WEBVTT

00:00:00.530 --> 00:00:07.040
Welcome to the Chain Stories podcast, the podcast that celebrates disruptors who defy convention.

00:00:07.490 --> 00:00:14.650
Here we dive into the bold stories of trailblazers who turned audacious ideas into billion dollar ventures.

00:00:18.486 --> 00:00:21.216
Moe, it's a pleasure to have you on our podcast.

00:00:21.567 --> 00:00:23.446
We've been in touch for many years.

00:00:23.486 --> 00:00:32.966
You're one of the persons that actually did something very early on that really impacted my life as a student at University of Florida.

00:00:33.637 --> 00:00:39.597
One of your creations, which we're going to touch upon, but first of all, I would like you to introduce yourself.

00:00:39.667 --> 00:00:40.976
What have you been up to?

00:00:41.317 --> 00:00:42.426
What are you doing?

00:00:42.656 --> 00:00:45.017
And how you started in this space?

00:00:45.226 --> 00:00:46.006
Sure, man.

00:00:46.267 --> 00:00:47.686
Happy to talk to you.

00:00:48.067 --> 00:00:49.906
I know we've been in touch for many years.

00:00:49.957 --> 00:00:50.877
Yeah, it's been fun.

00:00:50.996 --> 00:00:53.237
It's funny to think back on how it all started.

00:00:53.656 --> 00:00:59.256
I was producing events about supply chain management in Austria while I was studying there.

00:00:59.567 --> 00:01:01.286
And that was like 2012, 2013.

00:01:01.286 --> 00:01:12.126
people started talking about at these supply chain procurement conferences, you have the CEO, CFO of Caterpillar, Pepsi, McDonald's, whatever, it was quite an important event.

00:01:12.197 --> 00:01:15.337
And they were talking about the supply chain.

00:01:15.337 --> 00:01:22.621
So the CFO for McDonald's was talking like to procure the plastic liner for the cups.

00:01:22.621 --> 00:01:32.272
You need to go through a big supply chain all over the world to get that plastic, to produce the plastic in factories, each person needs to get paid along the line.

00:01:32.371 --> 00:01:39.621
And it was, I think early 2012, they said, there's nothing really you can do about paying people on the supply chain.

00:01:39.772 --> 00:01:41.441
There's not really an alternative.

00:01:42.242 --> 00:01:48.891
You could have local banking partners, and then there was this thing called Bitcoin, which could be used to pay people faster, but it's really not used.

00:01:48.891 --> 00:01:49.802
It's used by criminals.

00:01:49.852 --> 00:01:53.402
I heard this at an event and I said, I don't know about that.

00:01:53.451 --> 00:01:55.262
That doesn't seems like such a bad idea.

00:01:55.671 --> 00:01:56.441
You're talking 2012.

00:01:56.492 --> 00:02:04.272
it's funny how quickly people forget about how money was used even 10 years ago, 10 years ago, you have a pocket full of metal coins and paper money.

00:02:04.712 --> 00:02:14.551
And you pay everybody with paper, and you get some paper back, and you get some metal back, even thinking about it like 10 years ago, nowadays, in Europe, almost everywhere, you tap to pay.

00:02:14.801 --> 00:02:17.491
That's really the only way to pay with things.

00:02:17.502 --> 00:02:19.002
If you don't have your phone, you're out of luck.

00:02:19.391 --> 00:02:21.942
Most people don't carry a wallet anymore with 20 different cards.

00:02:21.942 --> 00:02:24.211
Apple revolutionized the Google Pay revolution.

00:02:25.021 --> 00:02:27.692
Back then, there wasn't much in terms of fast payments.

00:02:27.692 --> 00:02:29.731
There wasn't like Revolut is a big player.

00:02:29.762 --> 00:02:31.111
TransferWise is a big player.

00:02:31.111 --> 00:02:32.012
Stripe is a big player.

00:02:32.012 --> 00:02:33.842
Back then these companies didn't exist.

00:02:34.322 --> 00:02:36.032
They were talking about Bitcoin at this event.

00:02:36.032 --> 00:02:37.262
I said, oh, this is interesting.

00:02:37.741 --> 00:02:39.092
It doesn't sound like a bad idea.

00:02:39.181 --> 00:02:42.461
So I posted on the Bitcoin talk forum there was only Bitcoin.

00:02:42.461 --> 00:02:48.241
There was no other any coins there were some not really, Bitcoin was the only thing posted on Bitcoin talk forum.

00:02:48.241 --> 00:02:50.391
I said listen guys I know how to make an event.

00:02:50.431 --> 00:02:54.822
There hasn't really been any sort of global event happening in the Bitcoin space yet.

00:02:55.266 --> 00:02:58.387
If anybody wants to help me, that would be great, because I think we should do something.

00:02:59.116 --> 00:03:00.227
And the response was good.

00:03:00.236 --> 00:03:01.417
I got a couple friends.

00:03:01.667 --> 00:03:05.967
One was, Matthew Wright, who was the creator of Bitcoin Magazine.

00:03:06.197 --> 00:03:07.377
And another guy named Rasa.

00:03:07.776 --> 00:03:11.002
They said, yeah, we'll help you produce the event and connect you with some people.

00:03:11.002 --> 00:03:12.622
They were already well known in the industry.

00:03:13.062 --> 00:03:21.111
In early 2013, we produced the first event in Amsterdam, in a comedy club for about 150 people.

00:03:21.562 --> 00:03:27.872
At that event, it was the CEOs of every major exchange Jesse Powell from Kraken, Eric Voorhees was there.

00:03:28.157 --> 00:03:29.616
Tony Gallippi from BitPay.

00:03:29.937 --> 00:03:32.856
Vitalik was there as a writer for Bitcoin Magazine.

00:03:33.657 --> 00:03:37.627
So many people, just in that comedy club, we had the exhibitor booths inside the speaker hall.

00:03:37.877 --> 00:03:41.176
It was messy and raw, but it was cool to see.

00:03:41.842 --> 00:03:47.972
And on stage Vitalik, who I was friends with at the time, was talking about, how you could buy Bitcoin magazine with Bitcoin.

00:03:48.021 --> 00:03:49.651
We have a payment gateway on our website.

00:03:49.651 --> 00:03:51.171
You can buy Bitcoin magazine with Bitcoin.

00:03:51.181 --> 00:03:58.882
He got on a tangent about quantum computing and a guy, Mihai Alisai was also working with him at Bitcoin magazine.

00:03:58.912 --> 00:04:01.372
Anyways, that's kicked off.

00:04:01.852 --> 00:04:09.361
A chain of events which a few months later in Miami in January Vitalik was on stage launching Ethereum.

00:04:09.562 --> 00:04:11.942
We helped him showcase what Ethereum could do.

00:04:11.961 --> 00:04:24.776
There's more to Bitcoin than just Bitcoin and Ethereum was launched many other companies were launched and at that event the price of Bitcoin had gone up from fifty dollars to a thousand dollars and there was hype and it was Mt.

00:04:24.797 --> 00:04:30.367
Gox hype and wild times and then we did it at the Miami Beach Convention Center.

00:04:30.466 --> 00:04:35.107
It was like, that was the big event in Miami, launching Ethereum, launching people.

00:04:35.107 --> 00:04:37.026
And then we had about a thousand people at that event.

00:04:37.026 --> 00:04:40.966
And over the years, since then, so much has come across the stage.

00:04:40.966 --> 00:04:47.497
So many people, like every one of the top hundred cryptocurrencies, anything has, we've seen it on stage.

00:04:47.497 --> 00:04:50.096
We've seen the booms and the busts and the price rise.

00:04:50.466 --> 00:04:58.377
And then we went on producing events all over the world, Dubai, London, New York, Chicago, Los Angeles.

00:04:59.177 --> 00:05:01.607
it's been great to have connected so many people.

00:05:02.007 --> 00:05:13.487
And what stuck with me in the first event, when I was launching the first event in Amsterdam in 2013, the feedback I heard from people was, Oh, it's so good to hear, to put a face to the username.

00:05:14.286 --> 00:05:18.536
And I thought wow, there's no replacement for people meeting other people.

00:05:18.536 --> 00:05:28.797
Especially in this industry that have met people only online or in telegram groups or in Discord meeting them in person is a huge move because they get to speak to each other.

00:05:28.867 --> 00:05:33.870
The data transfer rate when you speak to somebody is so much greater than talking to somebody online.

00:05:34.670 --> 00:05:46.170
You meet somebody in person you see who they are you see how they are the amount of people that I've met because of my events, and I've gone on to create the coolest companies in the world, to create funds, to change the industry, it's cool.

00:05:46.430 --> 00:05:55.480
Every event, and other events too, they accelerate the speed in which Bitcoin and cryptocurrency in general are adopted globally.

00:05:55.610 --> 00:05:59.689
People meet, people work together, people do hackathons, and the industry evolves.

00:06:00.300 --> 00:06:03.379
There is a direct result from events to the industry getting better.

00:06:04.180 --> 00:06:05.360
Fascinating work.

00:06:05.649 --> 00:06:14.730
And I don't think a lot of people today know that was actually at one of your first events where Vitalik introduced Ethereum.

00:06:15.449 --> 00:06:18.680
And let's dive a little bit more into this story.

00:06:19.250 --> 00:06:21.920
My first question was you're in Austria.

00:06:22.189 --> 00:06:30.170
Why did you pick Miami as the capital for your events to bring everyone together from around the world?

00:06:30.970 --> 00:06:33.740
Yeah, so I had moved to Amsterdam from Austria.

00:06:33.819 --> 00:06:36.060
I met my wife and was living in Amsterdam.

00:06:36.060 --> 00:06:37.250
So the first event was in Amsterdam.

00:06:37.740 --> 00:06:42.370
And then I was planning on doing it in January, like six months after the first event.

00:06:42.370 --> 00:06:43.339
I said, where's warm?

00:06:43.680 --> 00:06:47.620
A place that has a good airport, good hotels, good infrastructure.

00:06:47.879 --> 00:06:49.079
Miami sounds great.

00:06:49.089 --> 00:06:49.759
It's warm.

00:06:49.800 --> 00:06:50.920
People can let their hair down.

00:06:51.350 --> 00:06:55.089
It's fun and Bitcoin was fun and we want to make some, a fun experience.

00:06:55.100 --> 00:06:56.180
Miami was the place.

00:06:56.199 --> 00:06:57.519
Same reason why we chose Dubai.

00:06:57.779 --> 00:06:59.339
Dubai has always been ahead of the curve.

00:06:59.629 --> 00:07:02.839
a place where innovators and businesses can start and set up.

00:07:03.639 --> 00:07:05.769
And also just warm places that you want to be in.

00:07:06.170 --> 00:07:07.420
That makes a lot of sense.

00:07:07.529 --> 00:07:10.180
Miami is definitely vibrant and unique.

00:07:10.319 --> 00:07:13.579
Even later on, I think your events had a great impact on this.

00:07:14.199 --> 00:07:17.120
Was becoming the crypto capital of the U.S.

00:07:17.139 --> 00:07:21.100
100 percent 100 percent making Miami choosing Miami as the place to be.

00:07:21.779 --> 00:07:24.300
Now so many companies are based in Miami.

00:07:24.610 --> 00:07:29.800
The mayor's named the Miami blockchain week and has been instrumental in helping businesses come over.

00:07:30.519 --> 00:07:36.290
It's become a crypto capital of the world because when somebody is coming to Miami or Dubai, they see, wow.

00:07:36.985 --> 00:07:38.235
It's warm in Miami.

00:07:38.264 --> 00:07:39.055
It's beautiful.

00:07:39.064 --> 00:07:39.944
The people are friendly.

00:07:39.944 --> 00:07:44.444
The business environment is good I could see myself creating a company here.

00:07:44.444 --> 00:07:46.264
I can see myself having a family here.

00:07:46.524 --> 00:07:54.665
There's good schools, good infrastructure, good housing, if they're based in the middle of America or somewhere cold or north, it's a better place.

00:07:55.064 --> 00:07:59.254
Now you're seeing Austin, Texas become very popular among crypto people.

00:07:59.915 --> 00:08:09.004
But I think the move has been over the last five years where the developers will go to Texas and the finance pros from New York will come to Miami.

00:08:09.805 --> 00:08:12.535
And I know that now you're doing a new event.

00:08:12.605 --> 00:08:14.204
So you have the elections coming up this January.

00:08:14.204 --> 00:08:15.334
Going to be great.

00:08:15.904 --> 00:08:25.435
You decided again to pick the city of Miami when there's so many events even outside of the US because we're at these exiters due to the regulation.

00:08:25.944 --> 00:08:26.115
Yeah.

00:08:26.134 --> 00:08:28.415
Was it because of the election results?

00:08:28.464 --> 00:08:34.154
Was it because you really love Miami and as this place where you started one of your first events?

00:08:34.215 --> 00:08:36.504
There's certainly a part of my heart that's in Miami.

00:08:37.495 --> 00:08:40.284
It's been very welcoming to me and the company.

00:08:40.965 --> 00:08:51.365
It's also one of the best places in the world to make an event, because I did it for 10 years in Miami, it's still on a lot of people's calendars, Miami, January, we go for an event.

00:08:51.485 --> 00:08:52.325
It's worked out well.

00:08:52.355 --> 00:08:58.345
The cherry on top is being the election results were positive for the crypto industry.

00:08:58.618 --> 00:09:04.567
It seems like more people are not as worried about creating crypto companies in the United States.

00:09:05.067 --> 00:09:05.918
It's a bull market.

00:09:06.398 --> 00:09:12.826
Other cities and other countries have become very saturated with events and a different quality of event.

00:09:12.886 --> 00:09:19.726
New York is now just a finance event place, small events for funds and hedge fund managers.

00:09:19.726 --> 00:09:22.076
And that's not really what we do.

00:09:22.078 --> 00:09:23.269
Dubai has been overrun.

00:09:23.269 --> 00:09:24.565
There's events all over the world.

00:09:24.565 --> 00:09:26.303
Back then there was one event a year.

00:09:26.803 --> 00:09:29.884
When I would make an event, that would be the first event that city has ever seen.

00:09:29.933 --> 00:09:33.274
When we made it in Dubai, that was basically the first event.

00:09:33.543 --> 00:09:42.114
A few months prior to my event in Dubai was Bruce Fenton making an event, which was instrumental in the country realizing blockchain is something they want to be involved in.

00:09:42.114 --> 00:09:43.703
But Dubai was not like that.

00:09:43.703 --> 00:09:50.114
And now, Dubai this year has Token 2049, Bitcoin Mina, Transcon has an event every other week there.

00:09:50.384 --> 00:09:57.043
There's a Future Blockchain Summit, the big technology, Jitex, has a big blockchain component to it.

00:09:57.173 --> 00:10:01.163
A lot of tech conferences will have blockchain fintech components to it now.

00:10:01.964 --> 00:10:03.024
It gets overwhelming.

00:10:03.744 --> 00:10:06.744
Cities are overwhelmed, and people are overwhelmed with events.

00:10:07.543 --> 00:10:11.144
There's only so many events you can go to, and it takes a lot out of you to go to an event.

00:10:11.943 --> 00:10:13.543
It becomes tiring.

00:10:13.614 --> 00:10:22.433
And even myself noticing on the event rodeo throughout the world that some are very high value, others are not as much.

00:10:22.484 --> 00:10:29.004
There's so much supply of these events that became such an industry that everyone now just wants to try them.

00:10:29.504 --> 00:10:31.663
And what do you think makes your event unique?

00:10:32.043 --> 00:10:37.423
Is it for me as a founder to find funding, investors, partnerships or collaborations?

00:10:37.443 --> 00:10:41.053
Where do you see your niche, your competitive advantage?

00:10:41.360 --> 00:10:43.948
Probably the main thing is we are dedicated from day one.

00:10:44.918 --> 00:10:46.798
Give people a return on their investment.

00:10:46.808 --> 00:10:54.158
Somebody's paying a few hundred dollars to buy a ticket, a hotel room, and a flight, and prioritizing the event over other things.

00:10:54.158 --> 00:10:55.068
You've got to give them value.

00:10:55.259 --> 00:10:56.269
So what value is that?

00:10:56.979 --> 00:10:59.879
We try to for investors or people raising money for sure.

00:10:59.889 --> 00:11:00.989
We bring a ton of funds.

00:11:00.989 --> 00:11:41.464
We bring a ton of Investors opinion leaders to the event that you should meet and you can meet if you're new we have a ton of stuff for you to learn one on one courses, classes from experts in the industry, professors to learn from, if you have a company, make business, sign contracts with people, bring in your clients to meet so we try to make it for as many industries as possible segregate them in places where this is the place for exchanges to meet their clients and potential new listings or legal and this is the place for funds this is the fun lounge If you want to meet people in the funds go meet them, this is the area for that if you're a newcomer, this is where you go.

00:11:41.774 --> 00:11:45.484
So many events have a hard time segregating these things.

00:11:45.533 --> 00:11:46.683
I was at Token2049.

00:11:46.703 --> 00:11:50.443
It was a huge event, impossible to navigate and find where you would fit into these things.

00:11:50.443 --> 00:11:56.234
You have a meme coin next to an exchange next to a Web3 developer course very difficult to find your way.

00:11:56.504 --> 00:11:57.724
And so you lose people like that.

00:11:58.524 --> 00:12:00.104
From the speakers we dedicated.

00:12:00.903 --> 00:12:01.683
You're going to learn a lot.

00:12:01.683 --> 00:12:03.403
You're going to find out what's going on in the industry.

00:12:03.413 --> 00:12:05.114
Know what the trends and big themes are.

00:12:05.384 --> 00:12:06.854
That's super important to people.

00:12:07.374 --> 00:12:11.724
We're just high value we turned down a ton of sponsors and speakers.

00:12:11.884 --> 00:12:15.854
You can't imagine the inbox I have of just that we need to go through.

00:12:16.793 --> 00:12:18.538
Everybody wants to speak at an event.

00:12:18.839 --> 00:12:20.548
You've got to say, what have you spoken about before?

00:12:20.548 --> 00:12:21.119
What do you do?

00:12:21.129 --> 00:12:25.899
And then you've got to put them on the waiting list because either they're not high quality enough, it's a big decision.

00:12:25.899 --> 00:12:30.119
You're going to give somebody 15 minutes to speak in front of 5,000 people.

00:12:30.619 --> 00:12:32.139
You better pray they're going to be good.

00:12:32.599 --> 00:12:35.839
You have 5,000 people's attention for 15 minutes.

00:12:35.869 --> 00:12:45.043
That's a big responsibility we don't want to waste anybody's time by listening to either somebody who has a weak project, isn't going to deliver value, or is just going to promote theirs.

00:12:45.354 --> 00:12:47.663
In a lot of other events is, it's an advertisement.

00:12:47.673 --> 00:12:52.543
Every speech is an advertisement or a promotion of their company or selling something.

00:12:52.854 --> 00:12:58.469
And we tell speakers, we don't sell anything on stage, it's not like a teleshopping channel.

00:12:59.269 --> 00:13:01.979
Give people value, tell people something interesting.

00:13:02.219 --> 00:13:07.849
So if you're talking about the Blockchain Education Network or BEN Ventures even, tell me your story.

00:13:07.849 --> 00:13:10.278
Tell me what's going on with how you got here.

00:13:10.558 --> 00:13:11.349
What's been important.

00:13:11.359 --> 00:13:13.639
What's been the struggle and how you resolved it.

00:13:14.198 --> 00:13:15.979
That's giving value to attendees.

00:13:16.678 --> 00:13:21.708
If you start going, listen to how much we raised, and this is how great we are, and this is all the success we have.

00:13:22.068 --> 00:13:26.759
It's interesting, if it's part of a story, and people can take something away from there.

00:13:27.558 --> 00:13:38.629
Do you see a pattern with people coming in, wanting to have those 15 minutes as a sponsor, and then they just go on full pitch modes, and trying to sell snake oil?

00:13:38.678 --> 00:13:47.509
We have backstage about 10 people working and, a three person jury who's like watching out and also happy to cut the mic.

00:13:47.688 --> 00:13:54.032
Seriously, like when we've done it before, we've just cut the mic and help them off stage because it's not fair to people.

00:13:54.831 --> 00:14:00.052
It's not fair to come to an event and listen to snake oil and scams people are investing money into this thing.

00:14:00.052 --> 00:14:02.211
When you talk about dealing with people's money, you got to be careful.

00:14:02.711 --> 00:14:03.792
We have a responsibility.

00:14:03.951 --> 00:14:06.751
You can't share scams with people.

00:14:07.032 --> 00:14:10.481
Over the years, we've had to deal with that, a few times quite famously.

00:14:11.121 --> 00:14:11.761
It's difficult.

00:14:12.001 --> 00:14:16.981
On the one hand, we always think, sunlight is the best disinfectant.

00:14:16.991 --> 00:14:21.662
Sunlight, giving people the stage will expose them, but you never know.

00:14:21.741 --> 00:14:29.282
I understand it can be quite intense and there's a due diligence process in the projects and people that you want to have on stage.

00:14:29.611 --> 00:14:32.182
I did not know you had someone ready to cut the mic.

00:14:32.432 --> 00:14:34.331
That's a very good filtering process.

00:14:34.601 --> 00:14:41.481
We also have huge smoke machines with compressed air that'll just overwhelm anybody fascinating.

00:14:41.772 --> 00:15:00.782
I still wanted to dive into this early story of Vitalik introducing Ethereum in your conference, expand a bit more on that, was 2014 when Vitalik was fundraising back in the day and he came into Miami, how was the sentiment there towards Ethereum?

00:15:01.201 --> 00:15:06.532
Was Vitalik looking to connect with investors or just presenting to the community for the first time at your event?

00:15:07.331 --> 00:15:09.471
It was, firstly, it was super casual.

00:15:09.471 --> 00:15:20.621
There was about 15 people that came to something like an Ethereum house and it was in Miami and they were all meeting together with Charles Hoskinson and Anthony Di Iorio, Gavin Wood.

00:15:21.037 --> 00:15:23.246
All of which have gone on to create their own things.

00:15:23.586 --> 00:15:26.307
Steve Dack, other people were involved in this thing.

00:15:26.307 --> 00:15:28.287
They were trying to create something special.

00:15:28.596 --> 00:15:31.606
Vitalik was young, maybe 19 years old at the time.

00:15:31.606 --> 00:15:38.677
He wanted to get into the after party of one event, and I had to talk to security to let him in, because he was underage, so he had to have his special wristband.

00:15:39.006 --> 00:15:41.876
It was casual, and there was some hype beforehand.

00:15:42.486 --> 00:15:46.697
People were expecting something really big from Vitalik.

00:15:47.256 --> 00:15:52.496
He got on stage in front of a packed, standing room only crowd.

00:15:53.216 --> 00:15:56.876
And gave a speech that changed crypto and changed the world forever.

00:15:57.187 --> 00:15:58.756
His plan was for Ethereum.

00:15:58.986 --> 00:16:09.287
And there was also a lot of, hesitation because the only thing was Bitcoin, hearing somebody talking about virtual machines and something faster than Bitcoin, and it didn't launch, it wasn't created yet.

00:16:09.287 --> 00:16:10.287
It was, we were raising money.

00:16:10.287 --> 00:16:13.096
We're going to have a token sale for the next 90 days.

00:16:13.407 --> 00:16:14.866
25 cents a token.

00:16:15.096 --> 00:16:16.927
We're trying to raise as much as possible.

00:16:17.442 --> 00:16:27.601
People thought, okay, this is vaporware, this is nothing, this is just a scam, but then afterwards he was, ambushed by 50 or 100 people wanting to know more, how to get involved, this sounds like the future, and it really was.

00:16:28.062 --> 00:16:36.611
It changed blockchain technology forever and that must have been quite an amazing process.

00:16:36.652 --> 00:16:41.662
You have been with him in Amsterdam at this event, he was just writing for Bitcoin Magazine.

00:16:42.121 --> 00:16:50.652
And within a short time frame it comes in with a project with this massive vision he was so humble and modest even during the event.

00:16:50.662 --> 00:16:56.201
He was just selling Bitcoin Magazine for five dollars at a booth I have some funny pictures of just Vitalik sitting around selling.

00:16:56.221 --> 00:17:01.402
He has a little bag full of money and he's selling each to people, buy a Bitcoin Magazine for 5 dollars.

00:17:01.932 --> 00:17:04.251
Later that day he went on stage and changed the world.

00:17:05.011 --> 00:17:05.652
It's pretty cool.

00:17:06.301 --> 00:17:12.541
Not sure if you have any videos from that moment, but it would be amazing to rewatch There's videos online about, something I noticed.

00:17:12.592 --> 00:17:22.821
I really enjoyed that part because even for me as a student not knowing anything about crypto, I was able to go and talk with the big edge fund manager or a big tier one VC.

00:17:23.132 --> 00:17:24.382
And I'm like, you do this?

00:17:24.422 --> 00:17:25.442
Does this really exist?

00:17:25.442 --> 00:17:26.442
And he's like, it's cool.

00:17:26.442 --> 00:17:26.981
It's casual.

00:17:27.836 --> 00:17:33.787
To me, it was an expansion in my mind that I could never get in a traditional education or in college.

00:17:34.201 --> 00:17:40.555
We make sure to tell the speakers be prepared for something afterwards and be friendly and warm.

00:17:40.565 --> 00:17:45.015
There's no space at my event to be arrogant.

00:17:45.115 --> 00:17:54.289
Not a lot of people are new in the industry and again the amount of cool things that happen from it you were at an event for the first time, meeting amazing people, it changed your life as well.

00:17:54.579 --> 00:17:57.609
That story should be for as many people as possible.

00:17:58.359 --> 00:18:08.640
That's great for the industry to give people an opportunity to grow their network, to have their voice heard, to build something and you're at the right place to meet the right people too.

00:18:08.906 --> 00:18:09.247
Absolutely.

00:18:09.866 --> 00:18:15.067
And for students generally, since day one, students have come to the event for free.

00:18:15.116 --> 00:18:15.656
Always.

00:18:15.696 --> 00:18:16.747
There's no question.

00:18:16.787 --> 00:18:19.096
If you're a student, come to the event for free, learn.

00:18:19.467 --> 00:18:26.227
And the amount of students that have come through the events and have gone on to build amazing things has been tremendous.

00:18:26.257 --> 00:18:28.146
It's amazing and the industry is 10 years old now.

00:18:28.146 --> 00:18:36.936
So people have come to the event in 2015 and then, 2018 built a company, joined a company, lots and lots of stuff.

00:18:36.967 --> 00:18:37.606
It's really cool.

00:18:38.076 --> 00:18:38.547
Yeah.

00:18:38.586 --> 00:18:47.176
You mentioned students and I actually remember prepping everything beginning of the semester, in spring to go down to Miami.

00:18:47.227 --> 00:18:48.507
I was going to take the car.

00:18:48.586 --> 00:18:50.497
Do you guys go to Airbnb hotel?

00:18:50.497 --> 00:18:54.936
Everything is figured out and everyone like getting ready for this field trip.

00:18:55.116 --> 00:18:57.047
That was the Bitcoin rails.

00:18:57.047 --> 00:18:57.297
Yeah.

00:18:57.832 --> 00:19:01.172
It's so fun, and it's a legendary experience in college.

00:19:01.172 --> 00:19:07.642
If you're ready and willing to build something and join a community, you're welcome at our event.

00:19:07.692 --> 00:19:09.991
You can help out if you want to volunteer.

00:19:09.991 --> 00:19:12.112
If you want to just meet people, we'll help you with that.

00:19:12.612 --> 00:19:13.561
That's what it's all about.

00:19:14.491 --> 00:19:15.471
Yeah, absolutely.

00:19:15.471 --> 00:19:20.701
And that's something definitely in particular that you've honoured throughout the years and I can attest that.

00:19:21.082 --> 00:19:29.531
You always let students in for free because it can be hard to afford attending these events or going to a different city when you're in a budget in college.

00:19:29.592 --> 00:19:37.396
And I think your events were also, always very aware of these parts and the accessibility to the public.

00:19:37.396 --> 00:19:38.027
Yeah.

00:19:38.207 --> 00:19:38.586
Oh, 100%.

00:19:39.086 --> 00:19:43.047
We're not looking to squeeze every dollar out of everybody to come to an event.

00:19:43.086 --> 00:19:44.926
We don't have investors.

00:19:44.926 --> 00:19:48.326
We don't have a board of directors that are making sure that every dollar is accounted for.

00:19:48.336 --> 00:19:49.987
We're looking to make impact.

00:19:50.166 --> 00:19:52.287
And the way you make impact is getting good people there.

00:19:52.297 --> 00:19:53.936
Students are really hard working.

00:19:54.277 --> 00:20:16.217
And when they're coming through BEN, you guys are already telling them, this is what you should do, this is how you can extract value from the event, this is how you can make an impact and learn, and it can change everybody's life, for people to come to their first conference, imagine an 18 year old for the first time coming to a blockchain conference, reading and hearing about it, many of them don't have any idea, and it really opens up a world for people.

00:20:16.767 --> 00:20:17.336
That's great.

00:20:17.817 --> 00:20:25.646
And I know aside from you doing this event, you're also an active investor in the space and you had the chance to invest in quite a few projects.

00:20:26.116 --> 00:20:32.777
I was wondering throughout the years, you have seen so many people, so many personality types, so many projects.

00:20:33.146 --> 00:20:39.557
Have you seen a pattern over time that repeats this person ends up becoming successful?

00:20:39.817 --> 00:20:41.586
Is there a secret sauce?

00:20:42.386 --> 00:20:43.807
100 percent there is a secret sauce.

00:20:44.622 --> 00:20:45.362
Efficiency.

00:20:45.862 --> 00:20:56.092
If people are efficient and have efficient companies and people are responding quickly and making decisions quickly, that is the biggest indicator that there'll be a success.

00:20:56.656 --> 00:21:00.007
When you're investing in a company, you have to do due diligence.

00:21:00.007 --> 00:21:14.826
You have to go through the company, understand who's doing what and the companies that have things ready and clean, and also have a graphic designer, copywriter, things that are looking good and they're working quickly, that's one of the greatest indicators success in a company.

00:21:15.636 --> 00:21:19.326
No wasted time, pass it on to somebody who can do it quickly, or do it yourself.

00:21:19.366 --> 00:21:21.247
That's what I tell my team all the time.

00:21:21.787 --> 00:21:26.876
When somebody is requesting to speak or requesting a sponsor, you get that out of your inbox immediately.

00:21:27.057 --> 00:21:30.997
You respond immediately and we have everything can messages.

00:21:30.997 --> 00:21:32.616
No matter who you are, we have something ready.

00:21:32.727 --> 00:21:34.116
We have documents, everything.

00:21:34.547 --> 00:21:35.757
Efficiency is important.

00:21:36.561 --> 00:21:38.332
Because then you can focus on building the product.

00:21:38.382 --> 00:21:41.761
The less admin you have to do, the more you can focus on what you're doing.

00:21:41.761 --> 00:21:47.422
People that are very administratively focused generally perform worse.

00:21:47.961 --> 00:21:49.041
Great observation.

00:21:49.541 --> 00:21:56.432
Have you seen over time any particular personality type demonstrating certain key to success?

00:21:56.791 --> 00:21:59.741
We deal with a lot of personality types in this space.

00:22:00.126 --> 00:22:01.217
Humble, being humble.

00:22:01.277 --> 00:22:09.053
Everybody that's been arrogant has just been good people like Sam Bengman Freed, like meeting him a bunch of times.

00:22:09.083 --> 00:22:19.863
Every time I met him, he was dismissive other people that have famously been dismissive or arrogant, I've come up to say hello and welcome them to the event and they haven't had the time to even say hello.

00:22:19.863 --> 00:22:21.173
I'd be like, something's going on here.

00:22:21.173 --> 00:22:21.942
I'm not sure what it is.

00:22:21.952 --> 00:22:23.313
And you have to trust your gut a lot.

00:22:24.113 --> 00:22:32.992
You say, you got to watch out for some people, being humble, being kind is the most, like everybody says, go to a restaurant and see how they treat the waiter is a good indicator of how they are as a person.

00:22:33.373 --> 00:22:38.932
That's always a good indicator of just people being kind and watching out for other people how they treat everybody.

00:22:39.813 --> 00:22:40.373
At our events.

00:22:40.373 --> 00:22:45.457
We know everybody from the janitor to the director we are all friends with everybody and that's the right way to do it.

00:22:46.287 --> 00:23:02.559
That's actually the business in 2016 I experienced that at your event the ability to be able to go up to Roger Ver talk to him and other players that I was a nobody and just going up being able to talk and people are open and learning.

00:23:02.890 --> 00:23:08.859
And at the time, crypto was not this known by the masses and we're such a small circle of people at the end.

00:23:08.859 --> 00:23:11.210
And we could connect and share thoughts.

00:23:11.210 --> 00:23:12.599
Oh, you're building this, you're building that.

00:23:13.250 --> 00:23:15.099
And to me it was quite fascinating.

00:23:15.220 --> 00:23:16.190
And being open to that.

00:23:16.240 --> 00:23:16.930
let me share my thoughts.

00:23:16.930 --> 00:23:17.859
Let me give you some feedback.

00:23:17.859 --> 00:23:18.410
That's great.

00:23:19.339 --> 00:23:24.269
Not you know call my assistant and we'll talk about that and we'll set up an appointment to do something and give you some feedback.

00:23:24.269 --> 00:23:25.630
No, we'll welcome you.

00:23:25.660 --> 00:23:27.079
Whatever you need will help.

00:23:27.130 --> 00:23:33.990
We'll be there for you I mean people are still like if you're just new to the industry send them some stuff from youtube send them some learning stuff.

00:23:34.579 --> 00:23:35.700
It's really helpful for people.

00:23:36.644 --> 00:23:37.755
Yeah, 100%.

00:23:38.275 --> 00:23:42.335
And now I know you've been very busy preparing the next upcoming event.

00:23:42.785 --> 00:23:46.164
Can you tell us a little bit more about this event?

00:23:46.234 --> 00:23:49.684
I know it's no longer called the North American Bitcoin Conference.

00:23:49.785 --> 00:23:50.625
There's been a change.

00:23:50.845 --> 00:23:51.805
Let's dive into that.

00:23:52.055 --> 00:23:55.529
We probably held on to the name the North American Bitcoin Conference for too long.

00:23:55.890 --> 00:23:57.130
Because it wasn't about Bitcoin.

00:23:57.619 --> 00:24:01.069
It was about Bitcoin the first time we made it because we didn't have anything else.

00:24:01.069 --> 00:24:03.779
And now the industry is tremendous, right?

00:24:04.150 --> 00:24:10.230
There's Ethereum, Solana, Sui, Binance has become a beast, the industry has grown so much.

00:24:10.390 --> 00:24:17.680
And what else has grown in the industry is besides for this election, the feeling and the vibe is more exciting and more happening.

00:24:17.680 --> 00:24:18.619
And we're in a bull market.

00:24:18.619 --> 00:24:28.809
So things feel a little bit hyped, but it's less, trying to convince people that crypto is real and it's more the optimism in the face of everything.

00:24:28.809 --> 00:24:31.609
The name of our event is called WAGMI which is this term.

00:24:32.289 --> 00:24:33.319
We're all going to make it.

00:24:33.549 --> 00:24:45.170
That is the current thinking of me and my team is we're going to make it this event and the industry no matter what it's a positive thing that encapsulates blockchain and Web3 technology in general.

00:24:45.670 --> 00:24:50.779
This is the future and it's happening whether you like it or not anybody in it is going to make it.

00:24:51.579 --> 00:24:52.119
And it's true.

00:24:52.130 --> 00:24:54.000
The same thing is true that it's been for 10 years.

00:24:54.099 --> 00:25:01.099
No matter what industry you're in, no matter what your background, you could apply blockchain technology to it and be successful.

00:25:01.170 --> 00:25:02.390
The industry is still young.

00:25:02.920 --> 00:25:10.318
If you're good at whatever traditional, bring it into Web3, come to the event and you'll change your business.

00:25:10.348 --> 00:25:16.919
And you'll, you still have this, like yesterday, this Japanese company is we, we're going to take some of our profits and invest it into Bitcoin.

00:25:16.939 --> 00:25:18.308
The thing goes up 200%.

00:25:18.538 --> 00:25:22.308
When companies say they're going to invest in blockchain technology, pay attention.

00:25:22.943 --> 00:25:26.413
When Microsoft said they're going to create an entire division for blockchain technologies.

00:25:26.894 --> 00:25:27.604
Pay attention.

00:25:27.723 --> 00:25:28.344
They have done that.

00:25:28.384 --> 00:25:29.463
And invested in a lot.

00:25:29.723 --> 00:25:31.374
IBM made a blockchain division.

00:25:32.064 --> 00:25:35.137
Now every company has a blockchain strategy necessarily.

00:25:35.238 --> 00:25:40.428
Why do you think there's still so much opportunity and room for growth in this industry?

00:25:40.428 --> 00:25:46.837
And why, let's say someone that's working in traditional corporate America or anywhere else change?

00:25:46.837 --> 00:25:54.013
This industry is still young the market capitalization of crypto in general is very low compared to money and industry in general.

00:25:54.753 --> 00:26:03.394
The whole industry of blockchain technology, if you add up all the market capitalizations of all the coins, it's like 3.

00:26:03.574 --> 00:26:09.874
Bitcoin is worth over 2.5 trillion and the rest would be 3 trillion in total that's an all time high right now.

00:26:10.453 --> 00:26:19.453
Market capitalization of Tesla and Apple or Tesla and NVIDIA is about the same, together.

00:26:20.263 --> 00:26:31.213
Those two companies have the same market capitalization of an industry with a millionish active people in the industry working and building.

00:26:31.263 --> 00:26:41.314
The industry can go 10x easily because, in terms of value creation in a business, like the output is not 3 trillion, that's the market capitalization, but the industry is booming.

00:26:41.794 --> 00:26:46.733
There is so much in the world that can be made more efficient with blockchain technology that hasn't been touched yet.

00:26:46.788 --> 00:26:52.398
AI and blockchain is probably going to be the next major wave of technology.

00:26:52.398 --> 00:26:55.548
That's going to change the world, but we're still so young.

00:26:55.598 --> 00:26:58.719
if you're in traditional finance, join the industry.

00:26:58.719 --> 00:27:04.558
If you're in traditional, anything, take what, from the other industry, bring it in, or just come to an event and talk to somebody.

00:27:04.558 --> 00:27:04.989
What do you think?

00:27:05.138 --> 00:27:08.648
Hey, my only experience is, I worked, on the Bloomberg terminal.

00:27:09.308 --> 00:27:10.148
Do that for crypto.

00:27:10.669 --> 00:27:12.749
My only experience has been in trading crypto.

00:27:13.523 --> 00:27:18.354
I built a business with supply chain stuff overseas, and I don't really know how to get involved in blockchain.

00:27:18.384 --> 00:27:22.483
Come to an event, we'll teach you how to make the supply chain with a blockchain.

00:27:22.483 --> 00:27:28.453
I think you touched upon something very interesting, which was the comparison with very large companies like Tesla or Microsoft.

00:27:29.153 --> 00:27:40.584
Their market caps to the market cap of an entire digital assets industry, which as of now we have over 2.5 million assets listed on CoinMarketCap.

00:27:40.701 --> 00:27:48.770
Do you think there's a particular reason why crypto does not have a larger market cap than gold or some of these companies?

00:27:48.961 --> 00:27:50.971
Was it because of regulation?

00:27:50.990 --> 00:27:53.780
Was it because it's just the normal course of things?

00:27:53.780 --> 00:27:56.260
Did you see anything specifically?

00:27:56.480 --> 00:28:00.141
Over the years, there's been a couple of really high profile bad actors.

00:28:00.830 --> 00:28:11.026
Mt.Gox, FTX and others, Bitcoinica in the early days, but some really big things that have these black swan events that have destroyed the crypto price and has now been rebuilt.

00:28:11.546 --> 00:28:13.605
So you have some bad actors would make people lose trust in it.

00:28:13.605 --> 00:28:20.915
You have like really aggressive regulation in Europe and the United States that has handicapped the growth.

00:28:21.715 --> 00:28:27.655
If you want to make a company, if you want to make any company crypto or otherwise, you want to make that company and open that company.

00:28:28.405 --> 00:28:33.256
In a good environment where it you don't need to worry about it being closed down getting arrested.

00:28:33.326 --> 00:28:36.046
You don't need to worry about not even being able to provide for your family.

00:28:36.046 --> 00:28:37.526
You need to make it in the best environment possible.

00:28:37.576 --> 00:28:46.155
Crypto companies have tended to go to places like Miami and New York everybody left going to Texas now is very open going to Dubai and London.

00:28:46.276 --> 00:28:48.415
Anyways, people want to make a company in a good environment.

00:28:48.415 --> 00:28:50.496
And if it's not a good environment, they don't build it.

00:28:50.705 --> 00:28:52.445
A by product of bad regulation.

00:28:52.645 --> 00:28:55.185
And so that's happened in the past, and the market cap was affected by it.

00:28:55.566 --> 00:29:05.526
The second thing is that, and we're seeing a change now is easy to onboard somebody into the industry has gotten better and cleaner and better UI better UX.

00:29:05.546 --> 00:29:10.885
In 2012 2013 you bought Bitcoin using Paypal and using spreadsheets and there was no real exchanges.

00:29:11.306 --> 00:29:20.695
And now you can download some app Kraken looks good and Coinbase is cool and the graphics look good and you could just say hey listen I want to buy 100 euro put it in there.

00:29:20.736 --> 00:29:23.645
It's very quick and that's happening quicker.

00:29:24.445 --> 00:29:31.615
To be able to do big transfers you need quite a bit more KYC or, for businesses, KYB, it's more difficult.

00:29:31.816 --> 00:29:36.705
Those on ramps still need to be developed better and made better.

00:29:37.316 --> 00:29:44.006
that's been reducing the velocity of growth for the crypto industry a lot.

00:29:44.145 --> 00:29:44.905
I still see it.

00:29:45.246 --> 00:29:47.506
Somebody wants to play with a meme coin.

00:29:47.516 --> 00:29:50.256
They have 50 bucks, they want to play roulette with meme coins.

00:29:51.226 --> 00:29:51.965
Good luck.

00:29:51.976 --> 00:29:53.536
How the hell are you going to do that?

00:29:54.036 --> 00:29:57.215
How are you going to teach somebody to take 50 dollars.

00:29:57.215 --> 00:29:58.425
They have a banknote of 50 dollars.

00:29:58.445 --> 00:30:02.915
How do you get that to buy your favorite meme token, cutest thing.

00:30:02.915 --> 00:30:04.665
It was the same problem with NFTS.

00:30:04.695 --> 00:30:05.076
You have 50.

00:30:05.076 --> 00:30:06.435
I want to buy a picture of monkey.

00:30:07.236 --> 00:30:09.236
How do you change that 50 into that?

00:30:10.036 --> 00:30:17.536
Basically put that 50 in the bank, make a bank transfer to an exchange, figure out how that works if they don't have Solana listed, you buy Tether.

00:30:18.026 --> 00:30:24.175
Then you do a bridge swap on some Changelly or some other account.

00:30:24.405 --> 00:30:28.145
And now you've swapped to Solana and you may have to make a new wallet with Phantom or Metamask.

00:30:28.415 --> 00:30:34.431
So now you have, a wallet on coinbase you have wallet on Metamask or Phantom you if you want to make one on Metamask, you don't have the Solana network.

00:30:34.431 --> 00:30:36.441
So now you have to transfer it back to Phantom.

00:30:36.441 --> 00:30:43.695
So now you have phantom wallet and you're about to buy your first Monkey coin you go on the NFT exchange now you have to learn how to trade?

00:30:43.695 --> 00:30:44.105
You don't know.

00:30:44.125 --> 00:30:45.286
There's no trading system.

00:30:45.286 --> 00:30:51.955
You go on Radium you go on Jupiter try to figure out how to buy fifty dollars worth of the thing as an NFT Opensea now you have a gas fee.

00:30:51.955 --> 00:30:53.796
You didn't buy enough to pay for the gas fee.

00:30:53.796 --> 00:30:54.435
You can't actually.

00:30:55.395 --> 00:30:57.105
Buddy, this is restrictive.

00:30:58.090 --> 00:31:04.010
And now you get a phone call from the bank because you transferred 50 to Coinbase and they closed your account because you were involved in crypto.

00:31:04.260 --> 00:31:07.567
This is worst case scenario, but parts of that are still common.

00:31:08.227 --> 00:31:12.287
It's bizarre to have to go through so many hoops to spend your 50 dollars.

00:31:12.846 --> 00:31:13.916
But that's what it is now.

00:31:14.537 --> 00:31:20.726
Still a lot of friction and a lot to be built to onboard the masses and general adoption.

00:31:20.726 --> 00:31:27.037
So if I want to get more involved and be a WAGMI, what are the next steps?

00:31:27.096 --> 00:31:32.352
How do you suggest me to either apply as a speaker or as a student or just general?

00:31:32.741 --> 00:31:34.561
You come by, speak, it's all open for you.

00:31:34.932 --> 00:31:38.021
If you're new to the industry, get a ticket, go to wagmi.

00:31:38.021 --> 00:31:44.511
miami, wagmi.miami, look at the speakers, the best in the world, buy a ticket, be involved.

00:31:44.942 --> 00:31:52.471
You're a student, get a free ticket, you could either go through the Blockchain Education Network or we have a button to contact us if you're a student and we'll give you a ticket.

00:31:52.942 --> 00:31:55.571
If you want to sponsor, partner with us, send us an email.

00:31:55.821 --> 00:31:58.682
We've got a contact on the website to help you with that.

00:31:59.241 --> 00:32:01.711
If you want to volunteer at the event, come by.

00:32:01.711 --> 00:32:04.021
We're always open and welcome to anybody.

00:32:04.892 --> 00:32:05.471
Amazing.

00:32:05.541 --> 00:32:08.771
And what are the dates and the exact location of the event?

00:32:09.287 --> 00:32:16.297
The dates of the official event are 22nd to 24th in January 2025.

00:32:17.267 --> 00:32:22.047
What's good for the industry, is another 20,000 people come to Miami, make events the entire week.

00:32:22.057 --> 00:32:25.946
We have events after the event, we have events before the event, it's blockchain week.

00:32:26.132 --> 00:32:29.082
In Miami, it's everything in lights.

00:32:29.082 --> 00:32:29.811
It's amazing.

00:32:29.912 --> 00:32:37.662
I would hope you should probably come 18th, 17th to Miami, get over the jet lag, get over the travel and then start going to events.

00:32:37.682 --> 00:32:39.771
All those events are going to be published on our website.

00:32:40.571 --> 00:32:42.122
Where is the location of your events?

00:32:42.162 --> 00:32:43.011
Downtown Miami.

00:32:43.787 --> 00:32:44.176
Cool.

00:32:44.436 --> 00:32:47.737
And if our the listeners would like to follow or learn more where they can?

00:32:48.376 --> 00:32:49.767
WAGMI.miami.

00:32:49.787 --> 00:32:50.596
We got socials.

00:32:50.596 --> 00:32:51.336
We got videos.

00:32:51.336 --> 00:32:52.277
We got whatever you need.

00:32:53.076 --> 00:32:53.547
Awesome.

00:32:53.866 --> 00:32:55.767
Moe was a pleasure to have you on.

00:32:55.777 --> 00:33:03.727
It was amazing to listen to all these stories and how you started so early on and brought probably over more than a million people together.

00:33:04.277 --> 00:33:04.717
Yeah.

00:33:05.346 --> 00:33:06.067
And we keep going.

00:33:06.317 --> 00:33:09.807
Accelerate the growth in this industry at a tremendous space.

00:33:10.297 --> 00:33:10.636
My man.

00:33:11.116 --> 00:33:12.086
Thank you for all your work.

00:33:12.287 --> 00:33:12.517
Thank you.

00:33:13.666 --> 00:33:18.817
Thanks for tuning in to the Chain Stories podcast, where disruptors become trailblazers.

00:33:19.096 --> 00:33:25.217
Don't forget to subscribe to hear more inspiring stories from those who are pushing boundaries in digital assets.

00:33:25.507 --> 00:33:30.676
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00:33:30.836 --> 00:33:35.186
Check out our social media links down below and visit us online at dropout.

00:33:35.477 --> 00:33:36.086
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00:33:36.277 --> 00:33:41.906
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