EX-99 10 document_9.txt Plasma DEX - Altcoin.io.mp4 (2m 32s) 1 speaker (Speaker 1) [0:00:00] Speaker 1: What is Plasma? Plasma is a design philosophy for off-chain applications originally introduced by Vitalik Buterin and Joseph Poon in their white paper titled Plasma: Scalable Autonomous Smart Contracts. Now, on the Ethereum Network today, we can really only process about 10 to 15 transactions per second. So, if you've used other decentralized exchanges, much of which are built on the Ethereum Network, you'll notice that they're really slow, they're clunky. Generally, this leads to low liquidity because of low adoption. Plasma helps scale out transactional outputs so we can really start competing with other centralized exchanges, but also we are able to still offer trust lists and secure trading, where you are fully in control of your tokens at all times. What's really special about Plasma is it enables us to create our own sidechain. How this works is we're able to essentially go to our own blockchain that communicates back down to the root Ethereum chain to ensure that all the trades on our decentralized exchange are trust list and secure but still extremely fast. No more waiting for your orders to be filled or having your transactions not go through. Our exchange is gonna have the characteristics that we believe are needed to really compete with a centralized exchange, such as a [Ensign] trust list trading engine. A great user experience, blockchain interoperability, and high liquidity. When it comes to liquidity, we're releasing something called the AllCoin SDK. The goal behind this is to help us power potentially hundreds, or even thousands, of other decentralized exchanges or decentralized applications to create a shared pool of liquidity. This is similar to something like 0x, but we're building it with simplicity in mind so it's something that everyone can use and you don't necessarily need to be a developer to utilize this development kit. With the top decentralized exchange on average seeing about $10 million in trading volume but the top centralized exchange seeing over $1.5 to $2 billion in daily trading volume, it's time to really work together, because fragmented liquidity is a problem that we all face. We hope to power decentralized exchanges all across the globe so we can really raise the liquidity numbers and the daily trading volumes that you see in secure decentralized exchanges. Thank you. [0:02:29]