Sebastian Schepis on Blockchain Foundry's market disruption

0:19absolutely so blockchain foundry is a blockchain products and services services organization that we started in late 2017 and really the company itself is an outgrowth of a cryptocurrency project that a lot of us that the company have been working on for a few years called States coin and this coin is a project that I started in early 2014 and then I see a hood in July of

0:442014 it was actually one of the first few I cos in existence which is kind of cool and the project itself is all about decentralized marketplaces so all the services that are in this point blockchain really have to do with standing up decentralized marketplaces of all kinds everything from Etsy like marketplaces to labor market places potentially like Fiverr you can really

1:11create any type of marketplace on this plane protocol using the services you built and blockchain foundry himself like I said is an outgrowth of this his growing project we started the company in order to be able to take advantage of the opportunities that we're starting to come our way in late 2017 so as I said walking boundaries of products and services one on the product side we were

1:36building products for decentralized marketplaces and we're actually building those products on top of the system blockchain on the services side we provide consulting services for anyone that's looking to get into boxing whether it is just consulting services for people that want to find out more about blockchain technology or for people that are actually gaming products

2:01on the blockchain right now so yes or essentially we're kind of on the both side of things right now we've got kind of a strong sonic roadmap as well as an active service organization that's already serving partners so blockchain foundry has a sort of like an eBay marketplace am I correct that's correct it's correct now if somebody wanted to get there if

2:26that somebody want to let's say switch from eBay to your project how would they do that or is that possible today it's going to be possible in a few months right now all of our services are essentially the user interfaces for those services are currently provided by a products but out called block market desktops okay and market desktop is our sis coming wallet slash services proof

2:51of concept so thorngate desktop allows you to use all of the services at this point blockchain things like I first certificates escrow services as well as nano token creation in a fairly easy way but it's not really yet at the level where you would expect see has a for example something that's looking for the

3:17Shopify website and it's really the next products that we're releasing called black market web as well as penguin we'll talk about that in a second and those particular products really are designing for people that want to do ecommerce on the blockchain cryptocurrency now I also understand the blockchain foundry received a public listing sometime in the last month here

3:41in Canada on the CSE is our CSE that's right we're on the CSE now we've been there for exactly a month we listed on May 14 as BC FN is the listings in volts okay and so it's been pretty excited we did we actually did a reverse takeover to get an arts RTO and that was an interesting process and challenge has never been a public offering before any

4:09startup that I work so it's been it's been a fascinating process and we're very glad to be over the CSE and we're very excited about the future blockchain hungry as a public company so as of today where is blockchain foundry act as of today we are in aged and a good amount of service is worth right now as well as getting the build out of block market web and

4:34pangolins those two products really our flagship products our upcoming flagship product I'd say and we've already engaged customers on the services side we actually already have over a million dollars of commitments on the services side which is very exciting to me considering we've done in the very short amount of home so if somebody actually wanted to develop a

5:00blockchain project they could actually come to blockchain foundry as well to have that developed and I cracked if you need a blockchain project done please feel free to contact us we would be more than happy to talk to you about it we can provide everything from from initial is conceptual architecture to physical and logical architecture bill octane

5:24project as well as then actually executed we have an extremely talented staff of developers and architects on hand now you'll be able to secure our customers so there are a few different projects products within the blockchain foundry one of them is the Block Market web the other one is Pangolin well notice Pangolin okay so pennilyn is our Chrome browser

5:48extension if you're familiar with meta mask in the etherion world then you're familiar with the concept england Pangolin is going to act both as a wallet or your for your sis cons as well as your Pickens right remember one of the things that we can do now on the system blockchain is actually create create tokens for your new bridge so it will actually have ICS on our platform

6:14very soon so maybe when basically acts as a wallet for Cisco and for tokens created on this point network and it also acts as a client-side signing tool for applications that leverage the dissapoint network so what we wanted to do is we wanted to provide a very secure way of signing transaction during the course of your usage of sip point applique

6:41and really the best place to put that isn't a Chrome browser extension where we can control and secure all the code there and make sure everything is clapping against needed it also allows us to separate code that is going to be present in pretty much every application that leverages this points and because this new web stack what we're building from black market web and allows

7:04essentially people to very safely create applications using an sis going stacks and not have to worry about things like finding transactions Pangolin will do all of that ok so understand that the business model is product and services now as far as the product goes so that the block market web is probably the first product am i correct that's correct okay

7:28so what is the revenue model for blockchain foundry on them on the product side on the product side needs hosting services for block market web remember block wicked web is a web stack so it's something that you would install for example digitalocean server or the main of us sir okay such most people are is only to do that well those people are pretty much interested in is going

7:52somewhere and building out a form or the credit card and boom they have a website up so those one of the things that we will be doing is an organization will be providing hosting services from black market web servers we also have we also have revenue plans that include advertising revenue as well as actually aiming of our own block market web instances that are more customized to

8:18allow different types of marketplaces so we want to hit the XE space we want to hit the v experience we want to we want it in the upward space Craigslist all these websites are all websites that will be reproduced effectively butcher block Market web slack and we intend to do that and then and then essentially take some additional revenue off our closing fees when a product is sold so

8:47the nice thing about block mark and wet when you stand it up is that you can actually specify a custom percentage for closing fees that you take on top of the cost of any product so that allows anyone to monetize a block market web install very easily and so we're gonna do that as well we put up our own websites that were targeted to in certain industries they will market

9:10and drive traffic to those sites and earn closing fees on those sites so between hosting closing fees advertising things and I think that we want a fairly solid what me mom now it sounds very exciting now if somebody want one of our viewers wants to find out more about blockchain foundry or even the you know coda invest in the stock how would they go about doing that

9:32sure so we have a few channels that allow you to communicate with us first and foremost is obviously our website which is blockchain foundry Axio and that's where really you'll find mostly in use pretty much all and you actually that we're posting publicly we have a blog section there that has all of our press releases all the blog posts putting out about what we're doing as

9:57well change it if you want to communicate with us you want to talk to us there's a few ways of doing you can join our television you can also request us flat invite from us and there's also a contact form that you can use on our website to make additional requests so there's a few ways that you can reach out to us well certainly being a pleasure speaking you today Sebastian

10:25we've been following since coin since 2014 it's one of the longest surviving blockchain projects and you guys seem to be accelerating at a at a great rate here so it's a it's a very interesting project Sebastian from blockchain foundry thank you very much for joining us today and we hope to have you back on again soon so that we can update the viewers on the progress of blockchain

10:44foundry thanks again Jay it's always a pleasure thank you very much