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Andrew Prell, Convergence | Blockchain Week NYC 2018


 

>> Announcer: From New York, it's The Cube, covering Blockchain Week. Now, here's John Furrier. >> Hello everyone and welcome back, I'm John Furrier, co-host of The Cube. We're here on the ground, in the middle of all the action. Consensus 2018, I'm here with Andrew Prell, with Convergence. Cube alumni, we met in Puerto Rico, industry legend, veteran, been around, welcome back. >> Thank you, like to be here. >> So Convergence, you guys got a unique opportunity, we did a deep dive on YouTube, check Andrew Prell, Convergence, youtube.com/siliconangle, great video to watch from Puerto Rico. Quickly, one minute, explain what you guys do, and then we'll get into the new hot news. >> All right, so we're reimagining the whole video game space. We marry the consumer game industry to the out of home entertainment industry, into one operating layer, where all devices get to play against each other, in the same game space. Then we put our virtual currency on the Blockchain, to eliminate all the fraud and theft that happens when people try to convert their digital assets to actual cash. >> Okay, so what's the news real quick? Give us the update, what's going on, what's the update? >> Well see the update, we had initially named our token, back in September of 2014, while we're building everything out. We had named it Nano. Raiblocks, put it out on the Blockchain, just what a month ago, month and a half ago, as Nano, so we had to rename the token. So we announced, and we've already burnt them, put them on the Blockchain, they're in our wallets right now, on May the fourth, we announced our new token, as the Droid coin. So May the fourth be with you. (laughter) These are the Droids your looking for. So we have the Droid coin now in twenty different wallets ready to start deploying them as our white paper states. >> And you get the big momentum going on. Team updates, any new personnel, what's going on, what's the progress? >> Well the personnel actually, we just had a major event, called run for the unicorns, we had it in Louisville, Kentucky, derby week. And we took all the VIP's and press and that to the derby at the end of the week. It was a really great event. There's when we rolled out the coin, we had the team up on day two talking through all of it. It was really an awesome event then, we're now here at Consensus talking with Ledger. What they're doing right now really works well with our investment funds. 'Cause we did the, we talked last about the virtuous circle of a token based investment fund, and where we're breaking up ten funds allowing the VC's to have nine of them, and go up against the DOW on the Blockchain. Well the vault that the Ledger has, we're starting to walk through with them because we'll bring it to it's limits and it really seems like something awesome for, you know, just the whole Blockchain industry in general, in having that security at a industrial level or a institutional investor level. >> Andrew I would literally appreciate you coming back on. Real quick, what are you learning here at the show? What are doing, any business deals? Let's get the update on the ground here for you. >> On the ground here for me, we're actually have several major deals in the works that we're trying to close right now. If all goes well, by the end of this week, if not next, we will be done closing our funding rounds, period. And then from that point on, the only way you'll be able to get our tokens is to buy them from some of the startups that we're investing in, so. >> Great model. Check out our YouTube video with Andrew, deep dive, changing the gaming industry a whole nother level, really innovative solution and business model. And the tech underneath is all cutting edge. Andrew thanks for coming on The Cube again, giving us a quick update, I'm John Furrier here on the ground at Consensus 2018, in Manhattan at the Hilton Midtown for Blockchain week, New York City. >> But did we tell them where they can find our stuff? >> Go get, give the URL plug. >> Yeah, ico.silicanexus.com and fund.silicanexus.com that's where you can find all of our information on everything we're doing. >> All right, good luck with the progress, we'll be right back with more coverage after this break. >> Thank you.

Published Date : May 17 2018

SUMMARY :

Announcer: From New York, We're here on the ground, in the middle of all the action. we did a deep dive on YouTube, We marry the consumer game industry to the out of home Well see the update, we had initially named our token, And you get the big momentum going on. Well the personnel actually, we just had a major event, Let's get the update on the ground here for you. On the ground here for me, we're actually have several I'm John Furrier here on the ground at Consensus 2018, fund.silicanexus.com that's where you can find All right, good luck with the progress,

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