May 14,2024

AMA with Sasha 10/5/24

Another week, another AMA session with the Waves’ founder Sasha Ivanov. This week, Sasha has prepared some updates on the ecosystem progress, answered lots of questions and had a live dialogue with the community members. This is a short recap, the full recording of the weekly AMA from 10/5/24 can be found here.

//Recap Start//

Key Points:

  • This week we are actively testing the Units Network TestNet! As you already know we are planning to launch a questing platform on Units Network that will help you get rewards for completing quests by interacting with TestNet. Let me make it clear that even if you complete these quests now just to test the capabilities of the network, the reward will still be credited to you. And next week it will be possible to launch your TestNet node on Units.
  • Last week we also launched the first DEX on the Units Network,! So don't forget to test it as well.
  • If you want to contribute to promoting the ecosystem right now, don't forget that we have an ambassador program! You can participate and earn rewards right now.


Q & A

Q: Hi Sasha, when will we be able to launch NFTs on Units Network?

Sasha: Great question, but I think it's worth talking to the Waves ecosystem's stakeholder projects and getting their feedback first. After all, we already have DEX which can be used to trade NFT tokens.

Q: But it will be possible to create them, right?

Sasha: Yes, of course! They can be created now, but it's quite a complicated process, I think it would be wise to simplify it a bit more.

Q: Is there any news about the new WX.Network synthetic tokens? Or perhaps about leverage trading?

Sasha: I was hoping they could launch them as early as this week, and they are indeed almost ready for release, however it will take a little longer.

Q: Any news about NSBT?

Sasha: No major updates yet, however I have yet to talk to the Neutrino team about launching their project on EVM blockchains. That is exactly what the next step will be. And NSBT holders will benefit from it, at least in the form of an airdrop.

Q: Is $PWR only a token or are there also plans to launch a separate blockchain?

Sasha: $PWR is the main token of the Power DAO protocol. Speaking of which, as soon as we have enough ambassadors, we will start promoting this protocol. So I think you will see a significant influx of new users in Ambasador DAO in the coming days.

Q: And what's the ETA for Units Network's TVL campaign launch?

Sasha: It should start as early as late May or early Summer this year.
Q: Questing can be expected next week, right?
Sasha: No, the marketing campaign needs a little more time before launching questing, even though it's ready.

Q: Will miners have enough time to prepare for the launch of their node on Units Network?

Sasha: Starting next week you will have the opportunity to launch your node on TestNet.

Q: And when should we expect the price of XTN to rise?

Sasha: We should primarily focus on the launch of the Units Network, as it will increase the demand for the $WAVES token, and therefore the volume of $XTN buyback will increase as well.

Q: Can you tell how many VC funds you've secured and how you intend to spend those funds?

Sasha: I can't disclose the exact amount yet, as we are still in negotiations. However, when we talk about goals, I would like to hire some experienced people to help us with the business side of the ecosystem. Of course, listings are also important, as well as marketing.

Q: How would you describe Units Network in a few words?

Sasha: Units Network is the ENDGAME of the L2 scalability problem! It helps you get your blockchain up and running in a couple of clicks, and provides all the infrastructure you need to communicate with other blockchains.

//Recap End//


Tune in every Friday, 10:00 a.m. EST to learn the latest news and updates on the Waves ecosystem first-hand, directly from the Waves mastermind, Sasha!