>>Hello, and welcome to this cubes presentation with unstoppable domains. It's a showcase we're featuring all the best content in web three. And with unstabled a showcase I'm John furrier, your host of the cube. We've got a great guest here, Matt Miscavige. Covich who's the chief revenue officer of unstoppable domains. Matt, welcome to the showcase. Appreciate it. >>Thank you for having me. So >>The theme of this segment is the potential of the web three marketplace with unstoppable domains, the chief revenue officer, you guys have a very intriguing, interesting concept. That's going extremely well. Congratulations, but you're using NFTs for access and domains. Of course, the, the metaverse is huge. People want their own domains, but it's not just like real estate in the sense of a website. It's bigger than that. It's a lot going on. So take us through what is the value proposition and what is the product? >>Absolutely. So for the past 20 years, most of us have been interacting on the internet. Using usernames issued to us by big corporations like Facebook, Google, Twitter, tech talks, Snapchat, et cetera. Whenever we get these usernames for free it's because we in our data are the product as some of the recent leaks. And the media has shown incentives. Individuals and companies are not always aligned. And most importantly, individuals are not in control of their own digital identity and the data, which means they can economically benefit from the value they create online. Think of Twitter as a two-sided marketplace with 0% revenue share back to its creators. We're now having in the creator economy and we believe that individuals should see the economic rewards of what they do in create online. That's all we're trying to do here at unstoppable domains is provide user own take control identity to four and a half billion internet users. >>It's interesting to see change that's happening with web three. And just in cultural terms, users are expecting to be part of the creative, the personality of the company. There's this almost this disintermediation of the middleman. You know, whether it's an ad network or a gatekeeper of any kind people going direct, right? So if I'm an artist, I can go direct to my fans. >>Exactly. So web through really shifts the power away from aggregators, aggregators and marketplaces have been some of the best business models. The last 20 years onto the internet, the web three is going to dramatically change that over the next decade, paying more power back in the hands of consumers. >>What type of companies do you guys work with and partner with that we see out there, what's give us some examples of the kinds of companies you're doing business with and partnering with. >>Yeah. So let's talk about use cases. First actually is the big use case that we identified initially for NFT domain names was around cryptocurrency transfers. Anyone who's ever bought cryptocurrency and tried to transfer it between the council while it's is familiar with these awkwardly long hexadecimal strings of random numbers and letters, where if you make a single type of money is lost forever. That's a pretty scary experience that exists today in our $2 trillion asset class with 250 million users. So the first set of partners that we worked on integrating with who actually cook the wilds and exchanges. So we will allow users to do is replace all their long hexadecimal wallet addresses with a single human readable name, like John dot NFT or Maxim needs give each dot crypto to allow for simple crypto transfers. >>And how did the exchange work with you guys on that as it is? Is it a plugin? Is it co-locating code together? What's the, what's the, what's the relationship between exchanges and unstoppable domains? >>Yeah, absolutely. A great question. So exchange has actually have to do a little bit of an engineering lift to work with us, and they can do that by either using our resolution libraries or using one of our API APIs or in order to look up an unstoppable name and figure out all the wallet addresses that's associated with that name. So today we work with dozens of the world's top exchanges and wallets ranging from Oko DX to Coinbase wallet, to trust wallet, to bread wallet, and many, many others. >>I got to ask you on the wallet side, is that a requirement in terms of having specific code and are there wallets that you work well with? Explain the wallet dynamic between unstoppable domains and wallets. >>Yeah. So while it's all have this huge usability problem for their users, because every single cryptocurrency held by every single one of their users has a different hexadecimal wallet address. And once again, every user is subject to the same human fallacies and errors, where they make a single type where their money can be lost forever. So we enable these wallets to do is to make crypto transfer as simple and as less scary than the current status code by giving the users on a sub well name that they can use to attach to all the waltz addresses on the backend. So companies like trust world, for example, which has 10 million users or Coinbase wallet. When you go to the crypto transfer fields, they can just type in an unstoppable name. They'll correctly, route the currency to the right person, to the right world, without any chance for human error. >>You know, when these big waves come, I gotta ask you this question. Cause a lot of people in the mainstream are getting into it. Now reminds me of the web wave that hit the big thing was how many people are coming online. It was one of the key metrics and how many web pages are being developed was another metric, which meant that people were building out web pages. And it's hard to look back and think, wow, that was actually a KPI. So internet users and webpages were the two proxies cause then search and just came out and everything else happened. So I'm going to ask you, there are people watching, they're seeing that on commercials on TV, they're seeing it everywhere stadiums are named after crypto companies. So the bottom line is people want to know how NFT domains take the fear out of working with crypto and sending crypto. >>Yeah, absolutely. So imagine if we had to navigate the web using IP addresses rather than typing in google.com, you'd have to type in a random string of words and numbers that you'd have to memorize. That would be super painful for users. And didn't, it wouldn't have gotten to where it is today with this, you know, almost 5 billion people online, the history of computer networks. We have human readable naming systems built on top. In every single instance. It's almost crazy that we got to a $2 trillion asset class with 250 million users worldwide 13 years after this, the Toshi white paper without a human readable naming system, other than supple domains and a few of our competitors, that's a fundamental problem that we need to solve in order to go from 250 million crypto users in 2022 to 5 billion crypto users, a decade from now. >>And just to point out and not to look back and maybe make a correlation, but I will, if you look at the naming system of DNS, what it did to IP addresses, that's one major innovation that enabled the web. Then you look at what keyword navigation has done on top of DNS, what that did for the industry. And that basically birthed Googled keywords, basically ads. So that's trillions and trillions of dollars again. Now shifting to you guys, is that how you see it? Obviously it's decentralized, so what's different. Okay. I get, so if you compare, Hey, Google was successful, you know, keyword advertising industry for less than 25 years or 20 years. >>Yeah. Yeah. What's different. Now is the technology inflection points. So blockchains have evolved to a point where they enable high throughput, high transaction volume and true decentralized ownership. The NFT standard, which is only a couple of years old know, has taken off massively around trading of profile pictures like crypto punks and the boy apes yacht club where they use cases extended much more than just, you know, a cool JPEG that goes up in value two or three X year over year. There is the true use case here around ownership of identity ownership over a data set, decentralized log-in authentication and permission data sharing. One of the sad things that happened in Jeanette on the internalized decade really was that the platforms built out have now allowed developers to built on top of them and a trustless permissionless way. Developers who build applications on top of some of the early monopolies in the last decade, got the rules changed on them. APIs, cutoff, new fees instituted. That's not going to happen in web three because all permissionless custody in a user's own wallet, we cannot take the way they will continue to exist in eternity, regardless of what happens to unstoppable domains, which gives developers a lot more confidence in building new products for the web three identity standard that we're building out. >>You guys amazing is that's a whole nother generational shift. I'm always been a big fan of abstractions when innovation is needed, when they're problems that need to be solved, messes to be cleaned up. Good abstraction layer on top of new architecture is really, really phenomenal. I guess the key question for I have for you is, you know, the queue, we have all this video where where's our NFT should, how should we implement NFTs? >>There's a couple of different ways you could think about it. You could do proof of attendance, protocol NFTs, which are really interesting way for users to show that they were at particular events. So just in the same way that people collect, t-shirts some conferences, people will be collecting. And if Ts to show, there were in person attending in person cultural moments, whether they were acquired an event online or offline, you could do NFTs for employees to show that they were at your company during certain periods of the company's growth. So think of replacing the resume with a cryptographically secure resume like this on the blockchain and perpetuity. Now more than half of all the resumes contain lies, which is a pretty gnarly problem as a hiring manager, or you constantly have to sort through as ways that this can impact that side of the market as well. >>I saw some, and I think it was a use case for everything. Appreciate that. And of course we can have the most favorite, cute moments. It could be a cube host NFT at 40 apes out there. Why not have a board cube host going on and, and >>Auction for charity on open? >>All right, great stuff. Now let's get into some of the cool tech nerd stuff, which is really the login piece, which I think is fascinating. The having NFTs be a login mechanism is another great innovation. Okay. So this is cool. Cause it's like think of it as one click and FTS, if you will. What's the response been on this? Log-in with unstoppable for that product? What some of the use gates is. Can you give some examples of the momentum and traction? >>Yeah, absolutely. So we launched the product less than 90 days ago. We already have 90 committed or integrated partners live today with a login product. And this replaces login with Google login with Facebook, with a way that's user owned and user controlled. And over time, people will be capturing additional information back to their NFP domain names, such as their reputation, their history, things they've done online and be able to permission to share that with applications that they interact with in order to get any rewards, once you own all your data and you can choose to share it with companies or incentivize you to share data. For example, imagine you just bought a new house and you have 3000 square feet to furnish. You could tell that fact and prove it to a company like Wayfair. Would they be incentivized to give you discounts? We're spending 10, 20, $30,000 and you'll do all of your purchasing there rather than spread across other e-commerce retailers. For sure they would. But right now, when you go to that website, you're just another random email address. They have no idea who you are, what you've done, what your credit score is, whether you house buyer or not. But if you could permission to share that to using a log-in open software product, I mean the web would just be much, much different. >>And I think one of the things too, as these, I call them analog old school companies, old guard companies is referred to in the cube talk here, but we were still always called that old guard is the people who aren't innovating. You could think about companies having more community too, because if you have more sharing and you have this marketplace concept and you have these new dynamics of how people are working together, sharing will provide more transparency, but yet security on identity. Therefore things are going to be happening organically. That's a community dynamic. What's your view on that? And what's your reaction >>Communities are such an important part of web three and the cryptos ecosystem in general, people are very tightly knit and they all support each other. There's a huge amount of collaboration in this space because we're all trying to onboard the next billion users into the ecosystem. And we know we have some fundamental challenges and problems to solve, whether it's complex wallet addresses, whether it's the lack of portable data sharing, whether it's just simple education, right? I'm sure, you know, tens of millions of people got into crypto for the first time during the super bowl face on some of those awesome ads that ran. >>Yeah. Love the QR code. That's a direct response. I remember when the QR code has been around for a long time. I remember in the nineties, late nineties, it was a thing, a device at red QR codes that did navigation to a webpage. So I mean, QR codes are super cool, great way to get, and we all using it to, with the pandemic to ordering food. So I think QR codes are here to stay. In fact, we should have a QR code on all of our images here on the screen too. So we'll work on that, but I gotta ask you on the project side, now let's get into the devs and kind of the applications, the users that are adopting unstoppable and this new way of doing things, why are they gravitating towards this login concepts? Can you give some examples and put, give some color commentary to why are these D application distribute application guys and gals programming and with you guys? >>Yeah. They all believe that the potential for why we're trying to create a round user own the controlled identity. We're the only company in the market right now with a product that's live and working today. There's been a lot of promises made and we're the first ones to actually deliver to companies like cook finance, for example, are seeing the benefit of being able to have their users go through a simple process to check in and authenticate into the application, using your NFT domain name, rather than having to create an email address and password combination as a login, which inevitably leads to problems such as lost passwords, password resets, all those fun things that we used to deal with on a daily basis. >>Okay. So now I got to ask you the kind of partnerships you guys are looking at doing. I can only imagine the old, old school days you had a registry and you had registrars, you had a sales mechanism. I noticed you guys are selling NFT kind of like domain names on your website. Is that a kind of a current situation? Is that going to be ongoing? How do you envision your business model evolving and what kind of partnerships do you see coming along? >>Yeah, absolutely. So we're working with a lot of different companies from browsers that took changes to wallets, to individual NFT projects, to more recently even exploring partnership, partnership opportunities with fashion brands. For example, the Tyree market is moving so so fast. And what we're trying to essentially do here is create the standard naming system for web three. So a big part of that for us, we'll be working with partners like blockchain.com and with circle who's behind the DC coin on creating registries, such as dot blockchain and dot coin and making those available to tens of millions and ultimately hundreds of millions and billions of users worldwide. We want an ensemble domain name to be the first asset that every user in crypto gets, even before they buy their Bitcoin Ethereum or dovish coin. >>It makes a lot of sense obstruct the way the long hexadecimal string. We all know that we all write down putting a safe, hopefully you don't forget about it. You know, I always say, make sure you tell someone where your addresses. So in case something happens, you don't lose all that crypto. All good stuff. I got to ask the question around the ecosystem. Okay, can you share your view and vision of either your purse, yourself or the company when you have this kind of new market, you have all kinds of, and we meant the web was a good example, right? Web pages, you need web development tools. You had HTML by hand. Then you had all these tools. So you had tools and platforms and things kind of came well, grew together. How was the web three stakeholder ecosystem space evolving? What's what are some of the white spaces? What are some of the clearly defined areas that are developing? >>Yeah, I mean, we've seen an explosion in new smart contract blockchains and the past couple of years actually going live, which is really interesting because they support a huge number of different use cases, different trade-offs on each. We recently partnered and moved over a primary infrastructure to polygon, which is a leading EVM compatible smart chain, which allows us to provide free gas fees to users for maintaining and managing their domain name. So we're trying to move all obstacles around user adoption. Here. We all need to have Ethereum in your wallet. You know, it'd be an unstoppable domains customer or user. You don't have to worry about paying transaction fees. Every time you want to update the wallet, addresses associated with your domain name. We want to make this really big and accessible for everybody. And that means driving down costs as much as possible. Yeah, >>It's a whole nother wave. It's a wave that's built on the shoulders of others. It's a shift and infrastructure, new capabilities, new new applications. I think it's a, it's a great thing. You guys doing the naming system makes a lot of sense. This abstraction layer creates that ease of use. It simplifies things makes things easier. I mean, this is, was the promise of, of these abstraction layers. Final question. If I want to get involved, say we want to do a cube NFT with unstoppable. How do we work with you? How do we engage? Can you give a quick plug on what companies can do to engage with you guys on a business level? >>Yeah, absolutely. So we're looking to partner with wallets, exchanges, browsers, and companies who are in the crypto space already and realize they have a huge problem around usability with crypto transfers and wild addresses. Additionally, we're looking to partner with decentralized applications as well as web to companies who perhaps want to offer log-in with unstoppable domain functionality. In addition to, or in replacement of the login with Google and log-in with Facebook buttons that we all know and love. And we're looking to work with fashion brands and companies in the sports sector who perhaps want to claim their unstoppable names, free of charge from us. I might add in order to use that on Twitter or other marketing materials that they may have out there in the world to signal that they're not only forward looking, but that they're supportive of this huge wave that we're all riding at the most. >>May I great insight, chief revenue officer ensemble domains. Thanks for coming on the showcase, the cube and unstoppable domain share in the insights. Thanks for coming on. Okay. This cubes coverage here with the unstoppable domain showcase. I'm John furrier, your host. Thanks for watching.

>> live from London, England. It's the queue covering a ws summat. London twenty nineteen, brought to you by Amazon Web services. >> Welcome back to London, Everybody. This is David Lamont and you watch the Cube. The leader and live tech coverage has been a incredible week for the Cube. Three events this week in London that we had six events worldwide. We started out yesterday with a public sector session. Special mini session We did for Teresa Carlson at eight of US headquarters. And we did it impact investor event last night, Of course. All day here at the eight of US Summit in London at Excel Centre. Twelve thousand people. We're going to wrap up now. My good friend Kim Myers here is the managing director of M. C. I experience Kim. Thanks for coming on. My pleasure. First time on the Cube You got to give you a sticker. >> Thank you. Make you know, great to see you is also great to be here >> to have you. So you are branding expert. We've had a lot of conversations about this. You and I go way back. Do you brand Is everything every touch point? I mean, you would tell me a story last night and I let you pick it up from here of Apple. You see the apple logo, but so why is Brandon so important? What's M. C I experience and how are you helping brands? >> Yeah, Well, Dave, I think it's really amazing, like this event today. You know, we have a lot of technology out there today. We're really digitally enabled, and that's great. I mean, it's amazing what we can do now with technology, but, you know, it also is a little distracting. And and some in fact, there was a recent study that said that kids air haven't developed social skills because there is, they feel more comfortable communicating online, you know? So I think the technology is really great and it's important. But that human human connection is really the thing that makes the difference. And I think brands are starting to recognize that that actually live experiences do cut through the clutter, the digital clutter and getting people together with common interests, getting them engaged. Letting them participate really makes a difference in terms of their affinity and loyalty and even advocacy for your brand. >> So M. C. I experience does that. >> Yeah, that's were essentially work with companies across a lot of industries, but certainly the tech industry. But helping companies, um, developed ways of engaging with their audiences and more meaningful ways. And actually, it's a very human centric approach. So basically the way we look at it is it's not so much about logistics. That's important. Of course, right. You gotta register people. You're gonna have so many breakout rooms got over that gotta, gotta thank you guys. But it's really more about understanding your audience on DH, where they drive benefit and making sure that you're meeting that need. And that's really where your band, your brand, starts to benefit. So we use a design thinking methodology. We're really very focused on the audience using empathy and ideation and you know, just really, really getting to know who those guys are like this crowd and making sure that every touch point of the experience, how it smells the temperature, the lighting, everything smells house. No, seventy percent of your memory is from smell, you know, and yet we never even think about >> it. It's weird when you run a defense, >> you don't even think about it. really. It's just like Exactly. So it's, uh, that sort of multi sensory, engaging aspect of what we do is what m. C. A Experienced specializes in and working with clients to help them sort of look at new ways of creating experiences that really engaged their audiences and really create community around those audiences in terms of loyal fans and customers. >> So we hear it at Amazon. You see this audience? Obviously a developer crowd? Yeah. Um what, do your thoughts here just walking around? >> Well, as I was saying, I think you know, we were talking about this earlier. You know, developer crowd doesn't like flashy marketing because they're suspicious of it, right? You think I like you? David Tyree? Exactly. Uh, Mrs Perfect Tone. I think the tone created here is great. It's a little rough and ready, and that's great. And that's how it should be because that's ah, developers and warranted in the content than the show. And I think it's got the audience bang on. >> So how do you use data to inform this brand experience? >> Yeah, so date is becoming obviously really important, and event technology is you know, it's amazing today the kinds of things we can do. I mean, we can track people and monitor them and take their temperature. I mean, if we want to, you know, you could do an amazing number of things, see >> how they smell >> exactly. And the thing about it is, that date is important. Of course it is. But insights even more important. And that means using data in the right way the right analytics asking the right questions, not just relying on demographics, but really getting to know people on building personas and understanding who your audience is. And I think it's the two things need to fit hand in hand in hand. >> Data is plentiful, actionable insights, you're saying are not necessary, >> not necessarily, not necessarily, and that that that, I think, is really, really important. You know, we call an empathy planning, but it's kind of like walking in the shoes of your audience like, would you like this? Would you be happy with this, or would you find this long queue to register annoying? You know, you have to sort of, you know, actually get in there, get in their shoes and and feel it just like you're going to feel it. >> Well, it's sometimes it's hard to predict it. It is. This is a pretty large venue. But it was packed today, but I don't think they could hold many more people. So I guess you have to say sorry. We've got to cut it off of this because of the experience. I mean, making hard decisions like that. Is that what you recommend? Yeah, >> I think of you. Well, the other thing, too, is, you know, our our attention span time. Someone told me recently that our attention spans like less than a gold fish. I don't know, I don't know anymore, but, you know, it's ah, you know what I want. One thing about the audience now is that they don't need to be polite, and they don't need to pay attention to boring content. And they don't need to do any of that because they're in power, right? Exactly. You know how many bent So I've been to where the entire audience is like looking at their phones with their ipads or the computers on DH checking out on the content, you know. So if you really want to engage people, you need to make sure that the experience really resonates with them. And having said that, you need to use technology because we live in this kind of on live world and people say to me like What's on line like you ever drive was sat Now you know you're driving, but you're being instructed by an application and a lot of what we do today, whether you're finding the bank on your phone, your dentist or your phone or you're doing this or that, we're connected in both ways. And so I think that's really important that we recognize that you can't tell people to turn their phones off. You can't necessarily, you know, use technology and interruptive way. It needs to be part of how people live their lives around this. >> So I have observed that we do a lot of these events and that's it becomes like rock concerts, and sometimes you say, Wow, this is a little over the top Now that's not from inferring right. That's not necessarily a bad thing. If your audience is into it, if your audience is, you know, some guy who provisions lungs, you know every day and gets out to Las Vegas once a year. Maybe that's an OK thing. I think it is. It's really understanding the audience. >> It is understanding the audience. And I think it is a good okay thing. And, you know, you want to have your audience entertained, engaged and, you know, have fun. And I want to tell people about it. Like I'm in Las Vegas. You're not, You know, they're like, you want people to get really fired up about what you're doing. And and and by the way, they're going to give your brand credit for that. They're going to say, you know, bam. I was at this event. Was it rocked? It was amazing. There was great entertainment. There is also a great content. There was great networking, you know, And the beer wasn't all that cheap. So, you know, you get all that stuff together and you have a really great time. >> So you're built your now building out a team? Yeah. Yeah. Tell me about tell me about the team and your vision. >> Okay, So, m c. I is a big company. We're in sixty three countries around the world, so we're not small fry. But the truth is, you know, the A big part of our business had been P. C. A. Is PCO professional. Congress organizes a lot of association events, and that's something and meetings, planning. And that's one thing. And of course, today experiences. They're changing. And it's not about just the logistics. It's really about again. Understand your audience, using strategy and creative to create compelling experiences. And that's what I'm CIA experience is doing. And we're doing it here in the UK we're getting set up, and it's going really, really well, and we're going to roll it out, you know, it's going to It's going to go around the world. So, um, we're working with some Fantastic brand's doing some fantastic project so we're all really excited. >> So what? Follow up question. But other than that, you're awesome. You are. You really have been an expert at this. You've You've worked. You know, I'd G worked G p j worked at Freeman, and I'm not on. Yeah, yeah. You've seen it around too much. You've seen the good, the bad and the ugly. And now you've taken that experience and you're bringing it to M. C. I experience no pun intended and you're trying to build out a sort of a next generation experience from Butt. But other than the fact that you're awesome, why should I work with you? >> Well, I tell you, you know, I think that the most of the clients that we work with come to us saying, You know, we don't know. We don't know And I think that's really, really important. I always tell this story. It's called the It's called the Drunkards Paradox, where a drunk man is underneath the lamppost pounding the ground and another man walks by. And so So what do you doing? And he says, I'm looking for my keys. And so the other guy gets down on his hands and knees. He's padding around. And then he said, Did you drop your keys right here under the lamppost? Because no, I dropped them across the street in the dark. Well, then why are you looking here? Because the light is much better here. And I have I tell you that I have a lot of experience in this business and events professionals on DH. Even some experience agencies tend to look where the light is better not where the breakthrough ideas are, and I think we are committed to making sure that we were really closely replying to really understand their brand, really understand who they're trying to build relationships with and and beg, borrow and steal from other disciplines, you know, in an intersectional way to create new kinds of opportunities for engagement. >> One of the things that mantra inside one of the many monsters inside of Amazon has raised the bar. I was at their UK headquarters yesterday, and she raised the bar signs all over the place. It's not a rinse and repeat culture. That's really what you're saying here that is easy to rinse and repeat. It's easy to look for the keys where the light the light is better, right? But that's not transformational. That's not transformation. It's really awesome. Having I'LL give you the last word the conference >> are Well, I think the conference was It was a great day here, and I think, you know, just just testimony to that is how long people stayed and stayed till the very end. You know, they were they were engaged and lots of great conversations were going on, you know, so fantastic. Well done. A WS and Amazon Web services and, um, yeah. More to come. >> Pleasure having you. Thanks for coming. All right. Thank you for watching everybody. That's a wrap here from London. Check out silicon angle dot com for all the news. The cube dot net is where all you find all these videos. Wicked bond dot com for the research Is David Dante signing out from London? Thanks for watching.