Mahesh Chand at Bcrpt India Roadshow 2022
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Nov 1, 2023
India is developing an index in the contemporary world economy by exploring a diverse array of technological innovations in the BLOCKCHAIN ecosystems around the nation, which provide faster and cost-effective growth to businesses. Through Bcrypt we would like to provide you with a deep insight into a recurring set of back-to-back conferences that will be held in India, starting with Chennai, Hyderabad, Mumbai, Jaipur, & Delhi from October 8-16, 2022-INDIA ROADSHOW. This roadshow will facilitates Influencers, Entrepreneurs, Investors and Developers to foster and promote the adoption of WEB 3.0, NFTs, BLOCKCHAIN, CRYPTO, METAVERSE, & DeFi. Visit #Bcrypt : https://bcrypt.live
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0:00
Good morning everybody and welcome to this Delhi Road Show. How many of you are here from Delhi? New Delhi area, NCR? Awesome, everybody. Delhi is great. You know why? Do you know why? Anybody
0:25
Because I'm from here. Forget Dubai, forget New York, forget Miami. Okay, that is great
0:36
So thank you everybody for coming and joining us here. And this B Crypt conference
0:44
concept started a little while ago when we start working with cryptocurrencies
0:51
blockchain, mostly blockchain projects and one of the biggest challenge in blockchain projects is the education, the finding developers, the talent, not only
1:02
just programmers writing code but also designers, you know, AR, VR experts and
1:12
many other, you know, areas including marketing. So our goal with Bcrypt was
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let's start these citywide communities and in these events and conferences where we are going to you know bring everybody together it's not just a
1:30
conference where we say this is our brand our concept idea is to bring
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everybody together who is involved in web 3.0 or web 3 let's call it web 3 so
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then everybody can collaborate learn from each other and try to bring this
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ecosystem, you know, from this level to this level. That makes sense? So anybody
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any of you are involved in Web3, either in education or programming or events or
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communities or investments, please come share and say, hey, we are interested, we
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want to bring, to work together, collaborate and maybe next year we will make
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this conference even much bigger. So with that said, what I'm going to do is, how
2:13
How many of you know here what Web3 is? Awesome, not too many, that's great. Obviously speakers, few of our speakers know that
2:23
So what I will do is I'll spend a few minutes on what Web3 is
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I'm going to talk about a few components of Web3, but since I'm not an expert on those components, I'm still learning
2:38
always learning. I'm going to bring some of the experts to talk about those and how they are implementing those different features or components of Web3 in their real-world projects
2:53
So let's have some fun. So Web3, if I have to explain to somebody what Web3 is, in simple ways, it's a set of newer technologies that defines Web3
3:12
So far, in today's world, what we see is, we see a lot of cloud. How many of you know cloud computing
3:19
How many, I'm sure everybody knows cloud. How about, you know, everybody is on Facebook, I assume? Instagram
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Right? Everybody do, all of you do banking? Awesome. So all these systems like banking, financial systems, Facebook, Instagram
3:39
even on your own company's website, they're all centralized systems. What does that mean? That there are some servers sitting somewhere and all data applications
3:50
they are all running on those centralized systems, including the cloud. Cloud is still centralized system. Maybe they may have eight locations, doesn't matter, but they're still centralized. So that's one thing. Second thing is look at our banks. And I will also share my story why I got involved in this blockchain before we call it Web3. Why did I get involved in the blockchain
4:17
And then third thing is look at your you know financial systems, healthcare systems
4:21
All of your data, I don't know about India, but there is here, when we in the US, in the
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US when we go to every time we go to a hospital or a doctor, if we have not visited here
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every time we have to fill out this form, everything, it's like literally paper form
4:42
where you have to put your name, date of birth, social security, ID, address, history
4:49
Oh, did you have chicken pox? It's like a big list. Do you guys do here in India
4:54
No, that's, I mean, that's great. India is at least ahead from US, but in US we are very
5:00
frustrated because there's something called HIPAA and these companies, these hospitals, healthcare systems do not share patients data with one another. It's a big headache for being
5:12
patient I don't I'm still the same guy I have same thing I already gave it why do
5:17
you need again and again and again that's because this data is siloed in
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these centralized systems for a while and they don't want to share that and
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then I'll say a couple of more stories and then you'll think like why that is
5:31
very important in coming future so I move you know I went from India to US in
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1998. Okay, I grew up in a village around here, Matra District. Anybody know Matra
5:44
District? Yes. From Matra District, I grew up in a village, farming, you know, farmer
5:50
family, doing all farming. I had no idea about banks, no idea about finances, and I
5:55
did my master's, and I went to U.S. right away. When I went to U.S., I, you know, I
6:02
bought a phone, cell phone. Cell phone. I didn't have a service in my apartment, so
6:10
like, well, it's a cell phone. I don't have a service. I don't need to pay for it
6:14
because it doesn't work. That's common sense. Then cell phone company start
6:19
calling me like, hey, you have not paid your bills. I'm like, what bills? Your
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service doesn't work. I'm not gonna pay. Well, like, you better pay it or we're
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gonna sue you or take you to the court, blah, blah, blah. Like, no, I'm not paying it
6:32
I don't care you do what you do. I don't know about you guys, but I'm a job
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Anybody know a job? I'm like, F you. I'm not going to pay you
6:46
So I had no idea about credit systems, credit bureaus. So what happened
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They sent my record to the credit bureaus, and out of sudden, there's something called credit score
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It went down to 500. So I went to get a car next month, like oh we can't give you a car, why
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Oh your credit score is 500, I'm like what is that? Like what, then they explain what credit score is, because of that you can't have it
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So like I was screwed for several years because of that. Okay, but what I, you know in my life what I have done is if there's something right or wrong
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I do not give up And that how I live by that So a few other things happen in that Same thing happened with the banks you know because I transfer money to India It didn go through They charge me for
7:38
that. Money was lost even though they got money back. I was like, wait, wait a minute. So if you
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do some service, something wrong with that, you're not punished. You used to charge me those 35, at
7:51
that time it was $25. You still charge me $25. But if I'm late on my payments, you charge me a
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fees. How many of you guys have paid on credit card or various fees to banks? A lot of us, right
8:05
Most of us, especially when we start our career, we don't have enough funds in the account
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so we always end up. So what's happening is the banks, they always make money from you
8:15
Your salary goes to the banks, they keep your money, they take the same money, they take your money, give it to this guy
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They give you 1% interest and the US is even 0% almost, 0.25
8:28
They give this guy for 5%. They make money from that. They're using your money. If you borrow money, same money, they charge you more
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And if you're late by chance, they charge you for that. So point I'm making is that this world, today's world called Web 2.0 is controlled and managed by these centralized systems, centralized companies and businesses
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Because that's how world was built several years ago. Businesses guys start building the world which we are living in today
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so how do we change that how do we fight that how we replace that with a new system new world and
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that is what we have these all about that is what web is all about thinking different taking control
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from these centralized authorities business governance and give it to the people who are
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creating that new world. So little more so that world is created by using some of
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the newer technologies including semantic web, metaverse, 3D graphics, connectivity, blockchain, digital identity, micropayments, AI, and
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decentralization. And decentralization is the biggest part of this this web 3
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ecosystem this new web technologies and which is blockchain many of you probably
10:01
know that and the first one of the first applications that made blockchain
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the addition decentralized popular popular was Bitcoin you guys know Bitcoin heard of Bitcoin how many of you own tokens any kind of code tokens or
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cryptocurrencies how many of your wallets awesome so a half of you guys
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right so that was the first applications that made blockchain popular blockchain
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is not a new technology it's been there for 20 30 years 25 years if I go and look
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at the history how many of you guys know this all right
10:44
have you heard of NFTs awesome well NFTs seems to be like taking over the world
10:52
recently but I'm not here to talk about NFTs because again I'm still learning
10:58
I'm where you know but let me invite one of our experts to talk about NFTs and
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how they are using NFTs in real world applications but before that let me also
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talk to you about some of the NFTs there's so much going on around NFTs
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people are creating pictures they are posting photos saying oh this is my NFT
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I saw a picture somebody with the dog walking the dog like oh this is my NFT
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okay what am I going to do with your NFT if it's a real dog maybe I want to buy
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the dog what I'm going to do with the NFT so there are a lot of NFTs like that
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but they're also real businesses real world applications are being developed using NFTs so during this talk you probably hear a lot more on those that
11:49
how business are using and adapting NFTs. With that said, let me invite my friend Drush, CEO of M-Page
12:00
Drush, welcome to India. Welcome to Delhi. Thank you, Mahesh. It's great to be here in New Delhi. First time
12:09
First time, guys. Come on. Welcome. Mahesh and I are building business solutions and technologies for what, 10 years now or so? Yeah
12:22
And he's been trying to get me over here. And I was like, come on, Mahesh
12:27
Finally, I came over. And now I know what he's been talking about for 10 years
12:33
The welcome met has been awesome. The people I've met has been awesome
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And even the tea thing, I get. He's been trying to convert me from coffee to tea for these ten years
12:43
Tea, come on! So, I was like, Vahesh, I don't get it, man
12:48
You know, I don't get what you do when you go in the kitchen and you're doing all this stuff, but now I do
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You know, the kind of morning tea, the afternoon, the kind of level set, I get it
12:57
But anyway, what are we doing with NFTs in healthcare? At MAPay, we look at three things every day in healthcare, healthcare and medical commerce
13:08
We look at digital payments, we look at patient data, and we look at digital identity
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As it relates to patient data, Mahesh was 110 percent correct. Prior to us and what we've launched, this data has been locked up in competing forces
13:32
in siloed off ways by institutions, by electronic health record vendors, by insurance companies
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and guess what? They're making all the money on our data. That's what Web3 is all about
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Right? So, again, what did we, how did we even get to think about NFTs and healthcare
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data? So, Mahesh and I have a special relationship. He's the technology guy. I'm the business
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business guy, I come up with and we have kind of like this 360 and then we bounce and we
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get somewhere that makes it right. So we set out to build a patient-centric data source
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which means, and all that kind of rhetoric, that can we pull data from these different
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data sources? Can we make a marketplace play to make that happen? We did. Then I bring
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back to our technology guys, and the same notion, you know, this whole thing about NFTs was popping up
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this art. So I started thinking about my electronic being is a piece of art. My healthcare being is a
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piece of art. So, smarty pants that I am, I go back to Mahesh. And I said, Mahesh, great idea. We're
14:52
going to use this whole thing that we doing with patient data We going to put it in an NFT He goes what do you mean I said well my data is a piece of art He said Dersh like always you don understand the tech
15:07
Let me worry about the tech. An NFT is a physical asset, a static piece of time
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something that does not change. Your healthcare being always changes. It's always being updated, right
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So I said, okay, Mahesh. Took a pause, came back, and we really started to think through it
15:34
What would be the benefit? Can we put it in an NFT? So Mahesh, along with our local Indian developers here from MCN, led by Basker
15:46
we created something on-chain right now that's remarkable. We created a dynamic NFT, which is a static address on Algorand for the first time ever across the globe
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That Dersh NFT, which was the first one, that Dersh NFT now points to on-chain and off-chain databases
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I can put my wearables in it, right? Now, what's important to that as it relates to Web 3 and the movement from Web 2 is now my digital identity, this community's digital identity
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We can now monetize that back to big data buyers and bring that back as rewards through our MPAs token
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We've created a marketplace flywheel of medical data never seen before, and you're going to reap the benefits of it
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We will reap the benefits not only from personal health information, population health, rewards
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all that type of thing which is now possible. We are also using it as a stepping stone into the meta world which we refer to as meta medical
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where we can use that as a platform to bring access to care and other types of areas within the globe
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that today lack that access or even new types of medical technologies
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That's what we're doing in the real world. This afternoon at 1230, I'll be on a panel led by total rock star, Dr. Sabine Kapisi
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She's here from New Delhi. I think she became a doctor at like 10 or 12 years old. She's wore it in the NBA. She's totally good
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So we're going to be talking about it more in detail. I'm going to be around all day if you want to talk more about some of the deployments we're doing across the globe
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as well as what we're doing with our token launch and these NFTs. Thanks for coming. Great to be here. Let's have fun
17:56
Well, thank you, Durs. That was awesome. Awesome. So, as I said, these centralized systems, the healthcare system, the banks, the financial systems, they all have our data
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And I like this one story I tell every story, it's a news really
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Equifax is one of the credit bureaus in the US, right. So hackers hacked it and stole the data
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that data has everything your your financial history your credit card your
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banks you where you live when you came to the US what did you buy your car
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everything is there so and that data is hacked now hackers somewhere in the world
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has all the data about me they can literally go online tomorrow and open a
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new credit card on that there's nothing I can do about it then few months of
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maybe six months later I'll get a probably report, oh you didn't pay the
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payment on the credit card you charged. So these things are already happening and
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that's what Web3 is all about, try to solve those problems we are running
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through right now. So with that said let me start with another new piece of
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technology is 3D graphics. That's one more, one of the big other biggest
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technologies that's growing now. So if you are a technologist, you are a programmer, you're a designer, creative guy, you want to get involved in Web 3, you can get involved by using 3D graphics, learning those various tools. We have here Vivek already, he's working on several systems. He was a Unity developer, he was a 3D guy before that, and now it's easy to transition for him to Web 3
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If this clicker works, it will be great. So another big piece, metaverse. How many of you know metaverse
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Heard of it? Awesome, awesome. Looks like nobody wants to live in real world
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Yeah? But this is real right here. We are real here. But let's talk about metaverse
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So metaverse is another bigger technology that is a big, big piece of this whole
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whole Web3 ecosystem and looks like it's growing right now big time
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Not only the creating but also a lot of applications are being developed
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And with that said, I'm gonna invite my friend Shell from the CEO of Sharp Platform to talk about Metaverse.
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Is it on? Yep. All right. So thank you for having me and it's a pleasure to be here again
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Thank you for the host, for C Sharp Corner, for all of you
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So one thing many of you know about me is that I love Naan
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So when someone says NFT, no disrespect for me, it's Naan forever
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Thank you. So, metaverse, what is it and what is it not
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It is so damn hard to use and onboard to the metaverse that I say, forget Web 3, let's
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just skip over to Web 4. So, for me, I think I know a little bit about all the technologies out there because
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because I've been consulting for emerging technologies for 15 years to large corporations
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It is hard to use. It is hard to get into a wallet
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To me, it's hard to use a token. It is hard to even go into metaverse
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By the way, is there a fantastic metaverse out there? No. It's everywhere
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Facebook has their own, Microsoft is building their own, sandbox, you name it. So for me, I think we need a bridge between Web 2 to Web 3
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because frankly we're not there. It is part of our roadmap, right, as a sharp
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platform to help get you there. But the user experience has to change
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dramatically, in my opinion. What's the point of building all this shiny tech if
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If I can use it it has to be as easy as Mom can you try it If my mom can do it I think we in business Fair
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So, I think we have a little ways to go, but I can't wait because in the metaverse
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I can probably eat as much naan as I possibly can and no one's going to see how much weight I gain
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Unless my avatar is getting big at the same time. Actually, that would be kind of cool
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So, and by the way Mahesh, I'm from Norway, so when he says he came over here and his credit
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score was 400 or less than 500, I'm a Viking, just like a Jot, so my score was half. It was
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just 250 because I was like, well F you, F you over there
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So I like to think I was dropped 2.0. 1.0, 2.0
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So I'm not going to bore you with the technology. I think I've given you, for me, the main point
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The user experience has to improve dramatically. And by the way, maybe I want to move from, say
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the virtual reality Oculus environment, right, because I love it, but it's only useful, say, at home
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to a better, to a different metaverse, let's say, where, so in the Facebook version meta
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I may be willing to share this much information, right, but if I go to my friends, my circle of
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friends in a different metaverse, let's say my sports metaverse, where I have my friends from
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different sports, maybe I'm a different avatar, right? Because I want to open up more of my
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personal information because they all know me. But over here, I just want to give you my name and
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last name and maybe age, right? So to be able to move, we call it pseudonymity, if you will
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from one metaverse to another, that's also critical, that I can control what I give up, especially within healthcare
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How much do I want to provide, right? Does that make sense
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So, pseudonymity, meaning what's my identification moving from A to B to C
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So, I think having an amazing user experience, controlling your pseudonymity, moving from different metaverses
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And then lastly, is there gamification within the metaverse? Because if I'm with my friends
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I want it totally gamified. Because I want to beat my friends
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in anything we work on. So that's the gamification element. And for you
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what does that mean for C Sharp Corner? Well, it means that you should be rewarded for your contribution
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If you publish a blog, submit code, you should be rewarded, right
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So, and with gamification is, okay, if I'm contributing more than Mahesh
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I'm writing ten blogs. Oh, whoa, whoa. I said if, and we're in the metaverse now
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We're in the metaverse, so it's okay. I'm faking my ID. I'm, my hair's 2.0 now
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So, if I do that, maybe I should get more points, right
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Because I'm contributing more. So, I'm not gonna get more into it
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If you want to learn more, we have a boot out there
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Hopefully many of you have seen the video, but if you haven't, come and see us
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because we want your feedback as we're building, as we're co-creating the future for C Sharp Corner
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and all of you, we want to do it together. Co-creation is critical because we could be stepping back
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and saying, we understand NFTs, we understand Metaverse. Let's just slap it onto your desk and here you go
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That's what most companies do. We have decided to co-create it together
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So we're asking for your feedback. You like it, do you not like it
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What do you think about it? Would you recommend it to your friend? So we want to do that with you
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With that, thanks for having me. It's amazing. Thank you, thank you
27:08
Can we order some naan, please? Outside booth, sharp platform booth. Order some naan
27:16
Well, Shell mentioned a little bit about gamification and rewards. How many of you play games
27:22
Awesome. Almost everybody. And love those reward points. Yeah? But most of the time, we don't get nothing for those, you know, sometimes we do, sure, there's miles and blah, blah
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But that's one of the bigger thing in the Web3 is if there's a gamification and there's rewards, you should be rewarded not only just for your motivation purposes, but also financially gains
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So with that said, let me invite my friend here, Anish, to talk about some of the gamification and rewards they're working on
28:05
Anish. Thank you, thank you. Good morning, Delhi. Is this a way how you say good morning to an uncle
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Good morning, Delhi. Morning! Nice! That's the energy. How many Game of Thrones fans here
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Yes. You know what? Shell is a good friend. But I'm going to say something about NFT right now to him
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You know nothing, John. We are here to stay
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Gamification is the future. NFT is the future. and it's not freaking FUD Republic
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So how many of you know what is a FUD? That's what drives the Web 3, my friend
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FUD stands for fears. What is it? Fear, uncertainty and doubt, death
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And I'm the big daddy of this FUD Republic. So it gives me great privilege to stand in front of you all
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All the wonderful youngsters, what is gamification? The easiest way you can say to your parent is that get me a mobile phone and in 15 days I'm going to pay you back the money for the mobile
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That's gamification, number one. Number two, there's a lot of regulatory aspects coming in from a government perspective
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which is going to make India one of the world's biggest, biggest, biggest, biggest, biggest gaming subset
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Number two. Number three, hundred billion plus dollar industry, bigger than Netflix
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Bigger than all the streaming apps, bigger than Hollywood, bigger than Olympics, bigger than F1, bigger than all the major IPLs, EPLs, you name it all
30:12
That's gamification. So e-gaming, e-sports is going to thrive. I work for a company called ChainX and it's a great privilege out again to talk about the sort of projects the company is coming in
30:27
I have a bright mind over here who could come and pitch to our company that this is a game that I think has a future and this is how the whole working is going to be
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And trust me, we are a company who onboards youngsters as advisors
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At the age of 14, 15, you can come and you can tell if the game that we have created is going to work or not
30:54
A kid who starts gamification at the age of 13 by the age of 18 or 19 would be making more money than Virat Kohli
31:09
So all the geeks who are doing the coding, I think, you know, coding is great, but there's a whole lot of life outside that
31:17
So I would love to hustle. I sincerely thank my good man Mahesh
31:23
for having me bought all the way over here from Dubai. And I'm really grateful for this wonderful opportunity
31:30
to meet the future of the nation in one room. I really appreciate that
31:36
And thank you so much. Anish. One more time, guys. Gamification. Oh, I don't need this
31:50
Thank you, Anish. Awesome, awesome, awesome. Yeah, I myself is not a big gamer
31:56
but this is a good stepping stone for some of the youngsters who are in the games
32:02
and also want to make money. So with my history of, you know, again, let me go back
32:10
I went from India to US. I didn't know anybody. I had no guidance
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Nobody told me what to do. I made so many mistakes. Yeah, as a matter of fact, for the first year or so
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I used to walk to work in the U.S. Because, again, those credit card companies didn't give me the credit
32:29
Damn credit. I had no car. And I'm a vegetarian. So, and I went to this place called Downing Town
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a very small town in Pennsylvania. It's not in New York. The only few stores around
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The only I could find is McDonald's. McDonald's is not like here where you eat the potato burger
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They had really beef burger. So all I could eat is french fries
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So I lived on french fries for almost six months. So lost a lot of weight
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Yeah, but then I found this pizza and then wow, that changed my life
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All of a sudden in like three months I gained like 30 pounds
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So everybody's like, what's going on? And you know in India we make jokes
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If you are getting fat and have big belly, you're like, oh, you're rich
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So, like, yeah, you know what, now I'm rich. That's why we were making jokes
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When you talk about rich and money, the next big thing for any project
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or company or startup is how to raise funds. And I don't know if you guys saw the panels
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Today we have panels on fundraising for Web3 projects. projects. And we have some top, top, top tier of, if you look at the names and research
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them, there are big investments firms coming there. They're going to share their advice
33:50
how, you know, what they're looking for in a project when they are, you know, you're
33:54
raising funds from them. So if any of you have plans to do start your own project, have
33:59
a startup, already have a blockchain, web3 gaming, whatever company, just go check out
34:05
those panels. Back in the days, I think Lalith is here, we were involved in 2015-16, and the way in crypto world, before we call it Web3, it was all crypto and blockchain, we used to raise funds using ICOs, initial coin offering
34:24
What does that mean? That as a company you will say, oh, we have that many coins, we're going to sell it to the community, and whoever owns the coin will also own the company
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So there was, it's like, we can go into the whole detail on that. But now, there has been different other versions of that
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And again, I'm going to bring my good friend, and also co-founder of this Bcrypt idea
34:50
and also helping running this whole conference, Lalit Bansal. Come on, guys
34:59
Thank you thank you Welcome So first thanks Mahesh because you know we were planning about this blockchain event
35:09
and we were doing multiple C-sharp corner events. How many of you are aware about the crowd that we have on C-sharp corner
35:19
Yep, yep, few hands. Yes, still. I was actually there. It was quite a big crowd
35:29
It was awesome. No, I'm not talking about the event crowd. I'm talking about the platform crowd. Traffic
35:37
That if you have research that we last year for 2021, I think it was around 30 million people
35:43
who have come on the platform. Yep. See, 30 million. So, it's not good
35:51
Yes, the 30 million users have used the platform. The whole effort goes to Mahesh and his team
35:59
And this was the reason that we wanted to come up with these blockchain events
36:05
and we want to create a separate community along with C Sharp Corner
36:09
so that we can benefit our community, our Indian community special because from this 30 million, I believe, more than 10 million people
36:19
has joined this C Sharp Corner from India. Yeah. Right, so like Mahesh said when we met and you know these terminologies about ICO, IEO
36:37
SEO this came up. Earlier in 2018 it was going by ICO initial point offering along with STO
36:46
So it was security token offering but however being US citizen Mahesh knows that it's always
36:55
in the eyes of SEC. So after that this IEO came up, initial exchange offering because there were multiple projects
37:04
who wanted to raise funds and it was done through the support of exchanges
37:10
if you see here we have a few exchanges and community supporters with us who will be like
37:17
good and helpful if you go and see their exchange we have plenty of panel discussions about how
37:25
we can create exchange what are the legalities like I know that maximum I saw that people over
37:32
here are having Bitcoin or maybe cryptocurrency and our team and we all
37:38
want to be the millionaire at young age I've been like who wants to be a
37:43
millionaire at young age so is that you know with the support of C sharp corner
37:50
I have been going to multiple universities and colleges to just see
37:55
that whether how students are getting this knowledge about cryptocurrency and blockchain however there are multiple misconceptions that we were discussing
38:06
people are correlating this cryptocurrency with blockchain because whenever we talk about blockchain they convert this conversation to cryptocurrency
38:14
even we have a panelist over here who will be telling you more about the
38:20
legalities about buying and selling of this cryptocurrency whether it is legal
38:26
or not so I think with this I'll even say that we over here are creating a
38:35
community and one of my good friend over here he is a motivational speaker and I
38:42
think most of the people must have seen his videos but I'll invite him to the
38:48
stage to have just few words about that what made him to put all these contents
38:57
about motivation so Nijo so namaste Delhi namaste namaste I think everybody's been speaking in English so
39:15
I thought let's give it a shot with Hindi. So we will start a little conversation in Hindi
39:20
I hope everybody is fine with that. Yes, sir. Yeah? Right. So myself, my name is, oh, sorry
39:29
My name is Nijo Johnson. I'm a content creator by profession. And I hold a company which is an 11-year-old company
39:36
And we are into digital content creation from past 11 years. And today I've been invited by a near friend
39:59
And how is the content going to play a very important role in blockchain I am here and I to share some insights with you So if I say that content is a class in today date
40:16
which will convert in Web3 in an asset class in the future
40:21
This is our insight and we work on this kind of product
40:26
where content will convert in an asset class. which means that if I say that I want to buy a stone of 1 kg
40:38
then do you give me a million dollars? No. But if I say that the stone's name is diamond
40:48
then can it be more than 1 million? Yes. Right? So it's just the perception
41:52
And every person who will be successful or will run a business
41:56
he will only create a basis on the content. Every business is getting converted into a Walmart figure who is an influencer
42:08
Be it Elon Musk or Warren Buffet or whatever, India, Reliance, any company, Adani
42:43
I will speak a little bit in English because few people understand English
42:47
So content has cash flow and that too recurring cash flow which very few assets in the world is having
42:55
Secondly, content can be repurposed and reutilized. We create content that we edit in 5 ways and monetize it in 5 times
43:05
Every 6 months, we monetize it again. upload if you're scrolling your Facebook you might see a lot of copied content of Kapil Sharma and film and clips and this and that blah blah blah
43:17
All these things have been created by children sitting in Northern India and they are making almost 70 to 75 thousand dollars a month by putting these content and making revenue out of it
43:30
We might even not know who they are. They are school kids but they are making a lot of money out of it
43:37
So today, my purpose over here was to make you guys understand the power of content A
43:44
And second, always try and focus on cash flow in the Web3 space because that is one thing
43:51
Web3 is lacking slightly. If we can find the real problems which Web2 is not solving and try and solve it in Web3
43:58
then I think we can make a brilliant future. Thank you. Awesome
44:04
Awesome. Thank you, Nijo. Thank you. Thank you, Nijo. Thank you. You! And which content should you be a millionaire
44:48
So if you write content on C sharp corner then we have another booth outside, sharp token
44:58
Go and visit, you will find out that how can you earn by writing content on C sharp
45:04
very well also along with this we have like most of the people wanted to know about more this cryptocurrency and the tokens coming up we have two amazing projects over here those who want to meet Mr
45:21
Dersh from MP or Shell from sharp token please go and meet them also we will have you know after
45:30
this. There are exchanges also which we will have a panel and that
45:38
will get listed, right? So if any questions, we are over here. We have
45:44
multiple sessions for you. Just grab us at any time and we will be happy to answer your queries
45:50
Thank you. Not done yet. Thank you. So, awesome. So that's great
45:57
like Nijo has shared this amazing research they have done already. Content is king, I'm sure you guys have heard that
46:07
So in C Sharp Corner platform, last year, as Lalith said, we had 29.4
46:13
which is almost 30 million users read and consumed the content. And we had thousands of people shared the content, some of our MVPs sitting right here
46:25
and Vivek, I have a story. I was asking Vivek to start creating content, what, three years ago
46:32
Yeah, he created content, created awesome videos on Unity, 3D, gaming, amazing
46:37
All of these guys doing that. So we started creating and sharing content in year 2000
46:45
And it's not because that we are going to make money from it
46:49
The reason was the world needs a lot of sharing and learning
46:54
especially our area. So that's how we started, but it's great that now in Web 3.0 this could even become more
47:02
You guys can even, everybody who's content creator now can actually getting reward for that
47:09
That includes articles, videos, sharing social media, answers, forum, any kind of thing
47:14
So that's great. But with that said, another big aspect of Web 3.0 is ownership
47:21
As I talked in the past, in Web 2.0, we are all, all of us are like products to these companies
47:30
Right? They do research on us. We are like, you know, you go to, you know
47:33
we are like, you know, how do you guys do the labs, chemistry labs
47:38
Right? Right? Right? Right? So we are like products to these companies
47:49
Facebook does research on it. ah, this guy's, huh, he always accesses his phone at 5 a.m.
47:56
that's where we're gonna target him, feed his brain something, and keep feeding
48:00
until his brain thinks like, oh, I need to buy that product
48:04
Oh, this medicine is good for me. So in world of Web3, it's gonna change
48:11
It's gonna change because the Web3 as a company is run by these foundations and these, you know
48:19
It's called DAO, Decentralized, you guys, Autonomous Organization. That's the right word for that
48:26
But what DAO is, it's a group of individuals who are part of these tokenomics
48:32
They become the kind of board, and they decide how the whole company is going to run
48:38
Let's not call it company, how the whole project is going to run
48:43
And that includes the ownership. So anybody who contributes part of in whatever sense, they become the owner
48:49
So we need to go back, think about that, how Web3 is going to make you owners of these different projects where you're getting involved
48:59
Look at the Bitcoin, right? Bitcoin is not owned by a company. It's owned by people who owns Bitcoins
49:06
How they own Bitcoin? By doing work, by running nodes. So that's what this Web3 is all about
49:13
Web 3 is all about you guys, young generation, and how it's going to run and empower and change the world
49:20
With that said, I'm going to just ask you, as Lalith said, this conference is for you, sessions are for you
49:28
Check out what makes sense to you. Ask any questions. There's a lot of experts out there
49:33
They're just for you. So anything you have, you have questions, concerns, just go catch them
49:38
Ask your questions. Connect with them. Especially young guy, connect with them on LinkedIn
49:42
and get their phone numbers. Oh, one more thing I learned in India. You can run the whole goddamn business on WhatsApp
49:51
I did not know that. What's that? Everything is happening. Agenda has been created on WhatsApp
49:58
Like, there's no emails. There's no phone calls. It's WhatsApp. So I'm learning
50:03
I'm learning. With that said, namaste, ram ram, and thank you. Thank you
50:09
Give everyone a thumbs up. Thank you
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