For those of you who missed the livestream tonight from Ambrosus team in Berlin, here is a small breakdown of the most important points to take away:
• Mr. Versetti has clarified that the Masternode model will be multi-tiered. However, more details concerning this model will not be released until the EDCON conference in Canada around May 5th (
https://kryptocal.com/event/18214/token-economics-release). One benefit of this setting is that there will be experienced representatives from the industry present who can give quality feedback when the model is unveiled.
• The newly hired CMO (Chief Marketing Officer) is Mr. Stephen Croncota. Mr. Croncota was previously CMO at Versace. In his talk with the audience Mr. Croncota stressed his desire to make Ambrosus more well-known, and emphasized the importance of transparency and honesty.
• Throughout the talk Dr. Vlad Trifa and Mr. Versetti stressed the power of keeping Ambrosus open source. They discussed how the revolutionary changes Ambrosus will bring to the food and pharmaceutical industries are often times difficult for current companies to accept (i.e. Monsanto), however, especially in terms of demonstrating quality, Ambrosus will be essential for companies wanting to demonstrate their authenticity (the example was given of Asian companies who will have the opportunity to use Ambrosus to demonstrate a European Union level quality of their products).
• Dr. Vlad Trifa also was very keen to emphasize how the Ambrosus NET registers ‘events’. What this ultimately means is that not only food, or medicine can be tracked in the Ambrosus system: but rather, any asset that may require an ‘event’ so as to be assembled (i.e. Car Parts) will also be eligible for Ambrosus tracking.
• Mr. Versetti discussed a couple of real use cases for Ambrosus. Most importantly, he mentioned a company (currently under NDA) but valued at around 22 billion. As well as two other companies: one valued at around 2 billion and the other in-between 2 to 4 billion. His use cases were the Chocolate and Coffee industries.
• A key question asked was about possible expansion and geographical location. Mr. Versetti stressed how Ambrosus already has more than enough opportunity in Europe, however a lot of European countries assemble their products (or get their produce) in Asia. On a different point, Mr. Versetti stressed the importance of engaging with both public (i.e. government) and private actors so as to ensure that certain import-export or tariff barriers are taken into account. Finally, Mr. Versetti discussed the partnership with the UN Sustainable Food Program and put the call out for any company working with the program in developing countries to get in touch if they desire to.
• One final general point is that both Mr. Versetti and Dr. Trifa were very keen to emphasize how Ambrosus will be compatible with many other systems in the blockchain and IoT space. The Ambrosus project is ultimately planning for the long term: smart cities, more complete blockchain adoption and open source participation, etc.
Credits to
mondaysblow
