Markets continued to move up with CM10 (6.1%)Key gainers were XLM/USD (16.1%) and NEO/USD (10.6%),
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and conducted an intimate, friends and family launch party in the heart of SF on Friday April 13th. There were over 50 people at the event — community managers from , and along with founders of potential partners such as , , ; venture capitalists, developers and many more.
The event started off with a quick pitch of the SpringRole product where I went further into my own personal story reasons around creating the SpringRole project that I also wrote about in a previous blog post . Then we went on to questions from the attendees.
We had great discussions prompted from questions from the audience particularly around the UX of — how can we solve for onboarding non crypto users? How do we build applications or browsers to integrate Web3? The event helped confirm the demand for and interest in the project, and attendees joined our Telegram community as a result of the event in order to follow our progress.
Our next event will be at the World Blockchain Forum in Dubai on April 16th and 17th and we are looking forward to receiving the same type of positive reception and interest that we received in San Francisco. If you will be at World Blockchain Forum, please do not hesitate to reach out to me at my email, kartik@springrole.com. Looking forward to sharing with you more positive progress.
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I am a woman, a veteran, and an MBA from Columbia Business School. I have worked with amazing companies in the investment banking, alternative financing, and marketplace lending spaces. Recently, I transitioned into a career in the crypto ecosystem. I have had the opportunity to meet a wide variety of people in the blockchain world, from visionaries looking to disrupt existing ecosystems to scammers looking to make a quick buck. With my background in fintech startups and venture debt, I expected nothing less. But what has pained me the most is my experience at Crypto Sanctum — a New York City event which “drugged” its attendees by serving cannabis-infused food and drinks. Yes, you read it right, Crypto Sanctum .
The result of this indiscretion is that I feel violated and will be forced to see every crypto event with suspicion. That is not how you empower a community and change the world. The actions of a few bad apples can ruin the reputation of an entire industry.
Here’s How The Crypto Sanctum Shenanigans Went Down
It is important to know the chain of events so there is some clarity. I attended an amazing conference called , which was held at UCLA, and I connected with a lot of great people. They invited me to the Crypto Sanctum event, and I was excited to attend. But there were a few red flags that I should have seen, one of which was the official email organizers sent out prior to the event. They emailed specifically to make sure attendees did not mention that the event was being held at Benville Studios in the Flatiron district. But why the big secrecy?
The event itself was mediocre, at best. I arrived at noon and met with a client uptown who had to leave early. Therefore, I did not get caught up in the drugging brouhaha, but many of my friends were not so fortunate.
When I returned to the conference that evening, I sat down to eat and to speak with other conference-goers. When I heard what had transpired, I became worried as I had just consumed a meal prepared at the event. Many others who had eaten the food were feeling the side effects. Some were wasted, and some felt dizzy, but all of them were disgusted.
The Aftermath and a Bigger Issue
, a decentralized network database focused on personal data, had sponsored the event and its CEO was quick to pass the buck to the event organizer. Crypto Sanctum management sent a “cryptic” email apologizing, then pushed the blame to an unnamed “third party individual organizer” who executed all the food selection. Not only was it unprofessional, but it looked like a downright lie. According to the Twitterverse and Telegram rumor mills, the news of this issue began spreading at the start of the event itself. I find it hard to believe that organizers were not party to it from the beginning or, at best, were not aware of the situation in the first couple of hours.
But there is a more important issue. What does this event mean for the crypto industry? Not only does it delegitimize the work of thousands of entrepreneurs and other professionals looking to bring crypto into the mainstream, but it could have led to a nasty aftermath if any of the attendees had been in a serious accident, or worse, due to this intentional drugging. Some of us had to meet with clients and business partners after the event, and I am sure many would have panicked because they could not understand what was happening to them. The original email from Crypto Sanctum, which read, their even would be “full of amazing culinary and immersive experience” now seems an innuendo for what was about to follow.
What The Crypto Community Can Learn From This
The Crypto Sanctum event must be an eye opener for the larger crypto community. Brushing it as a one-off event will set a very dangerous precedent. During a time where #MeToo has thrown down the high and mighty of the media and entertainment world, we need to weed out the bad actors who are giving the crypto industry a bad name. We are serious business people looking to build businesses and grow the crypto ecosystem. If we confront this culture and nip it in the bud, we would be able to escape Jamie Dimon’s indictment that. It’s time to begin self-regulating our behavior.
Holding the crypto community to a higher moral standard is the only way to move forward. We all want to bring blockchain to the masses, but such incidents can hamper institutional adoption and create a self-fulfilling perception that the crypto world is a front for drugs and tax evasion. We have crossed the Rubicon, and we can either take this incident as a “misguided joke” or we can stand up as a community and make sure that such incidents are not tolerated under any circumstances.
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An Update on the Progress of our EOS Clone
As we bring you updates regarding new partnerships with exchanges and wallet providers we feel it is important to also keep you updated with our technological progress at Enumivo. With that in mind our latest update is focused on exactly that.
Since the EOS team have been releasing files to their Github repository our lead developer has been working tirelessly to get the source code compiled and an ENU test-net up and running which, for the most of it, has been pretty straight forward.
An area in which a considerable amount more time is being spent than expected is the task of rebranding the entire blockchain. As this requires entering the core of the software, and bios, it is something which we need to be extremely careful with due to unforeseen ramifications rearing their head further down the line.
As the project continues to develop we are starting to get to know the technical details of the ENU blockchain and are leaning toward the idea that, at first, Enumivo will begin with one block producer which allows developers to deploy smart contracts and develop dApps.This will be the case until the ENU voting system is up and running — the community needs to be able to vote for the new block producers.
While this is still early days we have been noticing advancements which can be made to the Enumivo blockchain and will work on implementing these advancements in due time.
The overall goal with the repacking and rebranding of EOS is to keep the ENU Git repository zero commits behind the EOS one, so far we are managing to cope well with their changes and are being given confidence in our ability to meet our scheduled targets.
