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Trevor Koverko & Amir Kaltak | Polycon 2018


 

>> Narrator: Live from Nassau in the Bahamas. It's The Cube. Covering Polycon 18, brought to you by Polymath. >> Welcome back, everyone, this is The Cube exclusive coverage at Polycon 18, put on by Grid Capital and Polymath, of course The Cube is independent publishing, digital TV and research. Of course we're covering all the action this year in the crypto-space blockchain, crypto-currency token economics. Big news here with Polymath is announcing a partnership. We've got Trevor Koverko is the CEO of Polymath Amir Kaltak, CEO at Lexit. You guys just came off stage and announced a partnership. Your ecosystem is growing, you guys are enabling platform. Talk about the relationship. >> You want to start? >> Please, I insist. >> Alright, fine. So awhile ago we just realized that what Trevor and his team are doing is just fitting right in what we do. We, the marketplace for M&A, helping to liquidize assets, and a security token, in its purest form, is an asset. So we want to help, we want to work together and create an ecosystem in the future between Polymath and Lexit, that is basically the thing that we want to figure out and how to do it. >> Yeah, no, we're big fans of the project, and more importantly the team behind the project. That's always what we look for when it comes to any investment, or purchase, or partnership. We're really excited. >> This is really a great sign for you guys. Congratulations, Polymath and Lexit, you guys are growing companies. This is the magic of platforms, right? You guys have collaboration, ecosystem partners really become instrumental for you guys, so it's a good sign. You get the leverage, the platform, you get some time to market faster, time to value, this is what it's all about, right? >> I believe that security tokens are going to be a big part of our future revenue on Lexit itself, and I can't miss out on that one, and I'm happy that we meet at that early stage, so to say, where everything happens. Where we set the path into the future. So let's see what happens. >> Amir I want to ask you, as someone who's partnered (inaudible), why Polymath? What was compelling for you? What was the reason? Obviously they have a secure token, so it's a platform, and it's a trend that's your friend right now. So why Polymath? >> There are multiple ones. Trend isn't that right, but the thing is, I'm old school, right? If somebody I know and trust tells me this is a great person I need to talk to, this is a great project, then I do it. So, Tim Frost of Taurus Solutions was the guy who connected us in New York on a brief meeting, and now more and more, and so this is how we started. And I go with my gut feeling. If I see a sincere man, I see a sincere man, and I would like to work with him. >> Great. Platform-wise, API's, how's it going to work? You guys, can you share any details? I missed the announcement because we were doing Cube interviews. What was announced on stage? >> For me, this is kind of what I've been echoing all week. It's all about building the components of this ecosystem. We're trying to, literally, re-imagine Wall Street, and to do that it requires new forms of structure formation of capital. So we have private equity, we have mergers and acquisitions, we have venture capital, and with Polymath we're just trying to be the base layer that other exciting projects like Lexit can build on top of. >> What are some of the most important things in the platform, Amir, that you like? Just get under the hood a little bit. What's, what about Polymath is going to be a good deal for you guys? What's the key? Is it saving time, is it the certain things on the platform? What specifically about these guys- >> Free t-shirts? >> Free t-shirts definitely. And after that, the free t-shirt contest. What contest? I'm kidding. No, to me it's like, look, you want to have a security token, right? And then there are multiple jurisdictions, and there's a lot of legal compliance. It's a mountain of work in front of you. Those guys figured out how to do this simple and reliable for all of us. >> Kind of like what you're doing on the M&A side, except they do it for the security token. >> Sort of. >> Always breaking down barriers, that's the name of the game. That's the definition of an entrepreneur. >> Removing the blockers in front of you is the key, and not to waste time on management cycles, on things that someone else's doing. That, to me, it good partnership. Sounds like that's what you guys are offering, right? >> Absolutely. >> Absolutely. >> Alright, guys, well thank you for sharing the news. A final word, >> John, thank you. >> What do you see as the outlook, partnerships, you guys going to make some money together, you've got to build the product out first? How's the sequence, the order of operations of the partnership? Share the quick overview, then we'll end the segment. >> So we have a lot of work ahead of us. And right now it's about getting Polymath, the demo is out, the alpha is out, it's live, you can use it. And my biggest party right now is getting the application layer to the market, and that simply means a user interface, drag and drop, point and click, and that is my life right now. So once we get that out the door, these guys are ready. >> The thing is we are launching globally, full developed, since two years away in develop, in June. And soon after that, we will hopefully be ready for their platform. But, speaking of that, it's public now, but we will work closely right away to figure out how to optimize everything in between our systems. So it's going to be an ongoing process where we to be careful with resources, of course, but it's going to happen during this year, I hope. >> Amen. >> Well congratulations on the building blocks of success, you've got to start with the core. This is The Cube bringing a live coverage from the Bahamas. Big news here on the partnerships of the two companies, Polymath and Lexit. Look for more coverage. We'll be right back with more coverage after this short break. (techno music)

Published Date : Mar 5 2018

SUMMARY :

Narrator: Live from Nassau in the Bahamas. We've got Trevor Koverko is the CEO of Polymath and create an ecosystem in the future and more importantly the team behind the project. This is the magic of platforms, right? and I can't miss out on that one, and I'm happy and it's a trend that's your friend right now. and so this is how we started. I missed the announcement because we were doing Cube It's all about building the components of this ecosystem. in the platform, Amir, that you like? the free t-shirt contest. Kind of like what you're doing on the M&A side, barriers, that's the name of the game. Removing the blockers in front of you is the key, Alright, guys, well thank you for sharing the news. How's the sequence, the order of operations the application layer to the market, So it's going to be an ongoing process Big news here on the partnerships of the two companies,

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