WEBVTT Kind: captions Language: en 00:00:00.180 --> 00:00:04.750 align:start position:0% [Music] 00:00:04.750 --> 00:00:04.760 align:start position:0% [Music] 00:00:04.760 --> 00:00:07.710 align:start position:0% [Music] [Applause] 00:00:07.710 --> 00:00:07.720 align:start position:0% [Applause] 00:00:07.720 --> 00:00:09.030 align:start position:0% [Applause] and<00:00:07.839> you're<00:00:08.000> going<00:00:08.120> to<00:00:08.200> be<00:00:08.320> able<00:00:08.519> to<00:00:08.719> to<00:00:08.840> try 00:00:09.030 --> 00:00:09.040 align:start position:0% and you're going to be able to to try 00:00:09.040 --> 00:00:12.709 align:start position:0% and you're going to be able to to try your<00:00:09.200> prediction<00:00:09.599> Market<00:00:10.160> uh<00:00:10.679> live<00:00:11.679> so<00:00:12.480> let's 00:00:12.709 --> 00:00:12.719 align:start position:0% your prediction Market uh live so let's 00:00:12.719 --> 00:00:14.509 align:start position:0% your prediction Market uh live so let's start<00:00:13.360> so<00:00:13.519> the<00:00:13.679> goal<00:00:13.839> is<00:00:13.960> to<00:00:14.080> learn<00:00:14.320> about 00:00:14.509 --> 00:00:14.519 align:start position:0% start so the goal is to learn about 00:00:14.519 --> 00:00:17.310 align:start position:0% start so the goal is to learn about prediction<00:00:14.879> market<00:00:15.120> and<00:00:15.240> outcome<00:00:15.760> tokens<00:00:16.760> and 00:00:17.310 --> 00:00:17.320 align:start position:0% prediction market and outcome tokens and 00:00:17.320 --> 00:00:19.470 align:start position:0% prediction market and outcome tokens and your<00:00:17.720> goal<00:00:18.039> for<00:00:18.240> the<00:00:18.439> game<00:00:18.880> is<00:00:19.000> going<00:00:19.119> to<00:00:19.240> be<00:00:19.359> to 00:00:19.470 --> 00:00:19.480 align:start position:0% your goal for the game is going to be to 00:00:19.480 --> 00:00:21.830 align:start position:0% your goal for the game is going to be to have<00:00:19.600> the<00:00:19.760> highest<00:00:20.160> amount<00:00:20.400> of<00:00:20.560> tokens<00:00:21.439> it's 00:00:21.830 --> 00:00:21.840 align:start position:0% have the highest amount of tokens it's 00:00:21.840 --> 00:00:24.269 align:start position:0% have the highest amount of tokens it's uh<00:00:22.279> irrespective<00:00:23.160> of<00:00:23.400> what<00:00:23.519> the<00:00:23.640> other<00:00:23.880> player 00:00:24.269 --> 00:00:24.279 align:start position:0% uh irrespective of what the other player 00:00:24.279 --> 00:00:26.870 align:start position:0% uh irrespective of what the other player have<00:00:25.039> you<00:00:25.160> don't<00:00:25.400> want<00:00:25.599> to<00:00:25.880> have<00:00:26.359> more<00:00:26.599> token 00:00:26.870 --> 00:00:26.880 align:start position:0% have you don't want to have more token 00:00:26.880 --> 00:00:28.509 align:start position:0% have you don't want to have more token than<00:00:27.000> the<00:00:27.119> other<00:00:27.439> you<00:00:27.560> just<00:00:27.679> want<00:00:27.840> to<00:00:28.119> get<00:00:28.400> the 00:00:28.509 --> 00:00:28.519 align:start position:0% than the other you just want to get the 00:00:28.519 --> 00:00:32.350 align:start position:0% than the other you just want to get the highest<00:00:28.800> amount<00:00:29.000> of<00:00:29.080> token<00:00:29.359> for<00:00:29.560> yourself 00:00:32.350 --> 00:00:32.360 align:start position:0% 00:00:32.360 --> 00:00:34.389 align:start position:0% so<00:00:32.599> prediction<00:00:33.000> Market<00:00:33.360> Basics<00:00:33.920> so<00:00:34.079> what<00:00:34.200> is<00:00:34.280> a 00:00:34.389 --> 00:00:34.399 align:start position:0% so prediction Market Basics so what is a 00:00:34.399 --> 00:00:36.350 align:start position:0% so prediction Market Basics so what is a prediction<00:00:34.760> Market<00:00:35.480> a<00:00:35.600> prediction<00:00:35.960> Market<00:00:36.239> is 00:00:36.350 --> 00:00:36.360 align:start position:0% prediction Market a prediction Market is 00:00:36.360 --> 00:00:38.069 align:start position:0% prediction Market a prediction Market is a<00:00:36.559> way<00:00:37.079> to<00:00:37.239> make<00:00:37.440> prediction<00:00:37.760> about<00:00:37.960> the 00:00:38.069 --> 00:00:38.079 align:start position:0% a way to make prediction about the 00:00:38.079 --> 00:00:41.869 align:start position:0% a way to make prediction about the future<00:00:39.079> uh<00:00:39.239> using<00:00:39.879> markets<00:00:40.680> where<00:00:40.920> people<00:00:41.600> can 00:00:41.869 --> 00:00:41.879 align:start position:0% future uh using markets where people can 00:00:41.879 --> 00:00:44.790 align:start position:0% future uh using markets where people can place<00:00:42.559> order<00:00:43.160> on<00:00:43.640> what<00:00:43.800> will<00:00:44.000> happen<00:00:44.360> so<00:00:44.559> for 00:00:44.790 --> 00:00:44.800 align:start position:0% place order on what will happen so for 00:00:44.800 --> 00:00:47.670 align:start position:0% place order on what will happen so for example<00:00:45.800> we<00:00:45.960> will<00:00:46.079> win<00:00:46.280> the<00:00:46.360> US<00:00:46.600> election<00:00:47.559> you 00:00:47.670 --> 00:00:47.680 align:start position:0% example we will win the US election you 00:00:47.680 --> 00:00:49.189 align:start position:0% example we will win the US election you can<00:00:47.879> get<00:00:48.039> tokens<00:00:48.360> of<00:00:48.520> trump<00:00:48.840> you<00:00:48.960> can<00:00:49.079> get 00:00:49.189 --> 00:00:49.199 align:start position:0% can get tokens of trump you can get 00:00:49.199 --> 00:00:52.349 align:start position:0% can get tokens of trump you can get token<00:00:49.480> of<00:00:49.600> Aris<00:00:50.120> and<00:00:50.280> if<00:00:50.399> Trump<00:00:50.680> wins<00:00:51.480> well<00:00:52.039> the 00:00:52.349 --> 00:00:52.359 align:start position:0% token of Aris and if Trump wins well the 00:00:52.359 --> 00:00:54.670 align:start position:0% token of Aris and if Trump wins well the Trump<00:00:52.640> token<00:00:52.920> will<00:00:53.079> redeem<00:00:53.800> for<00:00:54.039> some<00:00:54.199> money 00:00:54.670 --> 00:00:54.680 align:start position:0% Trump token will redeem for some money 00:00:54.680 --> 00:00:56.750 align:start position:0% Trump token will redeem for some money if<00:00:54.840> Aris<00:00:55.160> wins<00:00:55.480> the<00:00:55.600> AR<00:00:56.000> token<00:00:56.239> will<00:00:56.359> redem<00:00:56.640> for 00:00:56.750 --> 00:00:56.760 align:start position:0% if Aris wins the AR token will redem for 00:00:56.760 --> 00:00:58.790 align:start position:0% if Aris wins the AR token will redem for some<00:00:56.879> money<00:00:57.800> and<00:00:58.000> by<00:00:58.120> looking<00:00:58.359> at<00:00:58.480> the<00:00:58.600> price 00:00:58.790 --> 00:00:58.800 align:start position:0% some money and by looking at the price 00:00:58.800 --> 00:01:00.630 align:start position:0% some money and by looking at the price of<00:00:58.920> the<00:00:59.120> token<00:00:59.719> you<00:01:00.000> can<00:01:00.120> make<00:01:00.280> prediction 00:01:00.630 --> 00:01:00.640 align:start position:0% of the token you can make prediction 00:01:00.640 --> 00:01:02.150 align:start position:0% of the token you can make prediction about<00:01:00.840> the 00:01:02.150 --> 00:01:02.160 align:start position:0% about the 00:01:02.160 --> 00:01:04.710 align:start position:0% about the future<00:01:03.160> so<00:01:03.399> this<00:01:03.519> can<00:01:03.719> also<00:01:03.920> allow<00:01:04.159> you<00:01:04.280> to<00:01:04.439> get 00:01:04.710 --> 00:01:04.720 align:start position:0% future so this can also allow you to get 00:01:04.720 --> 00:01:07.429 align:start position:0% future so this can also allow you to get more<00:01:04.960> complex<00:01:05.360> signal<00:01:06.360> such<00:01:06.520> as<00:01:06.680> for<00:01:06.880> example 00:01:07.429 --> 00:01:07.439 align:start position:0% more complex signal such as for example 00:01:07.439 --> 00:01:09.749 align:start position:0% more complex signal such as for example what<00:01:07.560> will<00:01:07.720> be<00:01:07.880> the<00:01:08.119> price<00:01:08.640> of<00:01:08.840> Bitcoin<00:01:09.560> if 00:01:09.749 --> 00:01:09.759 align:start position:0% what will be the price of Bitcoin if 00:01:09.759 --> 00:01:11.870 align:start position:0% what will be the price of Bitcoin if Aris<00:01:10.119> wins<00:01:10.680> versus<00:01:11.080> what<00:01:11.200> would<00:01:11.320> be<00:01:11.439> the<00:01:11.600> price 00:01:11.870 --> 00:01:11.880 align:start position:0% Aris wins versus what would be the price 00:01:11.880 --> 00:01:14.870 align:start position:0% Aris wins versus what would be the price of<00:01:12.080> Bitcoin<00:01:12.799> if<00:01:12.960> Trump 00:01:14.870 --> 00:01:14.880 align:start position:0% of Bitcoin if Trump 00:01:14.880 --> 00:01:17.310 align:start position:0% of Bitcoin if Trump wins<00:01:15.880> and<00:01:16.320> what<00:01:16.439> do<00:01:16.560> we<00:01:16.680> need<00:01:16.799> to<00:01:16.960> make<00:01:17.119> a 00:01:17.310 --> 00:01:17.320 align:start position:0% wins and what do we need to make a 00:01:17.320 --> 00:01:19.990 align:start position:0% wins and what do we need to make a prediction<00:01:17.720> market<00:01:18.479> so<00:01:18.640> you<00:01:18.759> need<00:01:18.920> a<00:01:19.080> question 00:01:19.990 --> 00:01:20.000 align:start position:0% prediction market so you need a question 00:01:20.000 --> 00:01:21.950 align:start position:0% prediction market so you need a question you<00:01:20.119> need<00:01:20.320> a<00:01:20.520> list<00:01:21.159> of 00:01:21.950 --> 00:01:21.960 align:start position:0% you need a list of 00:01:21.960 --> 00:01:24.030 align:start position:0% you need a list of outcomes<00:01:22.960> like<00:01:23.200> who<00:01:23.320> will<00:01:23.439> win<00:01:23.600> the<00:01:23.680> election 00:01:24.030 --> 00:01:24.040 align:start position:0% outcomes like who will win the election 00:01:24.040 --> 00:01:26.390 align:start position:0% outcomes like who will win the election for<00:01:24.240> example<00:01:25.119> you<00:01:25.240> need<00:01:25.439> an<00:01:25.600> oracle<00:01:26.119> you<00:01:26.240> need 00:01:26.390 --> 00:01:26.400 align:start position:0% for example you need an oracle you need 00:01:26.400 --> 00:01:29.109 align:start position:0% for example you need an oracle you need a<00:01:26.600> way<00:01:27.159> to<00:01:27.640> report<00:01:28.400> the<00:01:28.560> outcome<00:01:28.840> of<00:01:28.960> this 00:01:29.109 --> 00:01:29.119 align:start position:0% a way to report the outcome of this 00:01:29.119 --> 00:01:31.390 align:start position:0% a way to report the outcome of this Market<00:01:29.920> so<00:01:30.040> for<00:01:30.159> example<00:01:30.479> reality<00:01:30.960> or<00:01:31.320> and 00:01:31.390 --> 00:01:31.400 align:start position:0% Market so for example reality or and 00:01:31.400 --> 00:01:34.350 align:start position:0% Market so for example reality or and claros<00:01:32.280> and<00:01:32.520> I<00:01:32.640> see<00:01:32.799> the<00:01:32.920> reality<00:01:33.200> F<00:01:33.680> there<00:01:34.200> and 00:01:34.350 --> 00:01:34.360 align:start position:0% claros and I see the reality F there and 00:01:34.360 --> 00:01:37.230 align:start position:0% claros and I see the reality F there and lot<00:01:34.479> of<00:01:34.600> claros<00:01:34.920> Team<00:01:35.200> there<00:01:36.200> you<00:01:36.320> need<00:01:36.600> a<00:01:36.880> time 00:01:37.230 --> 00:01:37.240 align:start position:0% lot of claros Team there you need a time 00:01:37.240 --> 00:01:39.670 align:start position:0% lot of claros Team there you need a time where<00:01:37.399> you<00:01:37.520> can<00:01:37.640> start<00:01:38.479> uh<00:01:38.600> to<00:01:39.000> uh<00:01:39.159> resolve<00:01:39.560> the 00:01:39.670 --> 00:01:39.680 align:start position:0% where you can start uh to uh resolve the 00:01:39.680 --> 00:01:41.749 align:start position:0% where you can start uh to uh resolve the market<00:01:40.520> and<00:01:40.680> obviously<00:01:41.040> you<00:01:41.159> need<00:01:41.280> to<00:01:41.439> get<00:01:41.560> an 00:01:41.749 --> 00:01:41.759 align:start position:0% market and obviously you need to get an 00:01:41.759 --> 00:01:45.749 align:start position:0% market and obviously you need to get an underlying<00:01:42.280> token<00:01:43.280> what<00:01:43.479> you<00:01:43.600> will<00:01:44.200> earn<00:01:45.079> if 00:01:45.749 --> 00:01:45.759 align:start position:0% underlying token what you will earn if 00:01:45.759 --> 00:01:48.870 align:start position:0% underlying token what you will earn if your<00:01:46.079> prediction<00:01:46.960> is 00:01:48.870 --> 00:01:48.880 align:start position:0% your prediction is 00:01:48.880 --> 00:01:51.590 align:start position:0% your prediction is successful<00:01:49.880> so<00:01:50.280> the<00:01:50.479> basic<00:01:50.960> of<00:01:51.159> prediction 00:01:51.590 --> 00:01:51.600 align:start position:0% successful so the basic of prediction 00:01:51.600 --> 00:01:54.469 align:start position:0% successful so the basic of prediction Market<00:01:52.600> you<00:01:52.719> will<00:01:53.000> have<00:01:53.640> uh<00:01:53.880> one<00:01:54.040> token<00:01:54.360> that 00:01:54.469 --> 00:01:54.479 align:start position:0% Market you will have uh one token that 00:01:54.479 --> 00:01:56.510 align:start position:0% Market you will have uh one token that we<00:01:54.680> call<00:01:54.840> the<00:01:54.960> underlying<00:01:55.399> token<00:01:56.039> so<00:01:56.280> here<00:01:56.399> in 00:01:56.510 --> 00:01:56.520 align:start position:0% we call the underlying token so here in 00:01:56.520 --> 00:01:59.350 align:start position:0% we call the underlying token so here in my<00:01:56.719> side<00:01:57.000> it's<00:01:57.200> die<00:01:58.000> where<00:01:58.159> you<00:01:58.280> are<00:01:58.600> here<00:01:59.240> uh 00:01:59.350 --> 00:01:59.360 align:start position:0% my side it's die where you are here uh 00:01:59.360 --> 00:02:02.230 align:start position:0% my side it's die where you are here uh is<00:01:59.479> going<00:01:59.560> to<00:01:59.680> be<00:02:00.280> the<00:02:00.439> coin<00:02:00.719> that<00:02:00.840> you<00:02:01.240> have 00:02:02.230 --> 00:02:02.240 align:start position:0% is going to be the coin that you have 00:02:02.240 --> 00:02:05.630 align:start position:0% is going to be the coin that you have you<00:02:02.439> put<00:02:02.640> it<00:02:03.039> into<00:02:03.320> this<00:02:03.600> market<00:02:04.600> and<00:02:04.840> then<00:02:05.479> you 00:02:05.630 --> 00:02:05.640 align:start position:0% you put it into this market and then you 00:02:05.640 --> 00:02:07.870 align:start position:0% you put it into this market and then you will<00:02:05.880> get<00:02:06.079> one<00:02:06.320> token<00:02:06.880> of<00:02:07.240> each<00:02:07.520> of<00:02:07.680> the 00:02:07.870 --> 00:02:07.880 align:start position:0% will get one token of each of the 00:02:07.880 --> 00:02:09.990 align:start position:0% will get one token of each of the potential<00:02:08.200> outcomes<00:02:09.160> so<00:02:09.360> here<00:02:09.479> you<00:02:09.640> put<00:02:09.759> some 00:02:09.990 --> 00:02:10.000 align:start position:0% potential outcomes so here you put some 00:02:10.000 --> 00:02:12.390 align:start position:0% potential outcomes so here you put some die<00:02:10.520> and<00:02:10.640> then<00:02:10.759> you<00:02:10.920> get<00:02:11.080> some<00:02:11.280> token<00:02:11.680> for<00:02:12.280> the 00:02:12.390 --> 00:02:12.400 align:start position:0% die and then you get some token for the 00:02:12.400 --> 00:02:13.750 align:start position:0% die and then you get some token for the Democrats<00:02:12.840> winning<00:02:13.080> the<00:02:13.200> election<00:02:13.640> the 00:02:13.750 --> 00:02:13.760 align:start position:0% Democrats winning the election the 00:02:13.760 --> 00:02:17.030 align:start position:0% Democrats winning the election the Republican<00:02:14.200> winning<00:02:14.440> the<00:02:14.560> election<00:02:15.319> or<00:02:16.160> some 00:02:17.030 --> 00:02:17.040 align:start position:0% Republican winning the election or some 00:02:17.040 --> 00:02:19.430 align:start position:0% Republican winning the election or some else<00:02:17.720> winning<00:02:18.040> the<00:02:18.200> election<00:02:19.040> and<00:02:19.160> when<00:02:19.280> you 00:02:19.430 --> 00:02:19.440 align:start position:0% else winning the election and when you 00:02:19.440 --> 00:02:21.910 align:start position:0% else winning the election and when you look<00:02:19.560> at<00:02:19.720> the<00:02:19.920> price<00:02:20.480> of<00:02:20.640> the<00:02:20.840> tokens<00:02:21.720> that 00:02:21.910 --> 00:02:21.920 align:start position:0% look at the price of the tokens that 00:02:21.920 --> 00:02:23.670 align:start position:0% look at the price of the tokens that gives<00:02:22.080> you<00:02:22.280> some<00:02:22.519> probability<00:02:23.319> of<00:02:23.480> this 00:02:23.670 --> 00:02:23.680 align:start position:0% gives you some probability of this 00:02:23.680 --> 00:02:26.309 align:start position:0% gives you some probability of this particular<00:02:24.360> event 00:02:26.309 --> 00:02:26.319 align:start position:0% particular event 00:02:26.319 --> 00:02:28.190 align:start position:0% particular event happening<00:02:27.319> so<00:02:27.440> we're<00:02:27.599> going<00:02:27.720> to<00:02:27.840> start<00:02:28.000> our 00:02:28.190 --> 00:02:28.200 align:start position:0% happening so we're going to start our 00:02:28.200 --> 00:02:31.790 align:start position:0% happening so we're going to start our first<00:02:28.440> game<00:02:29.160> so<00:02:29.959> before<00:02:30.200> that<00:02:30.400> everyone<00:02:31.400> take 00:02:31.790 --> 00:02:31.800 align:start position:0% first game so before that everyone take 00:02:31.800 --> 00:02:35.229 align:start position:0% first game so before that everyone take for<00:02:32.239> 500<00:02:33.120> worth<00:02:33.599> of<00:02:33.840> coins<00:02:34.400> so<00:02:34.640> pod<00:02:34.840> leader 00:02:35.229 --> 00:02:35.239 align:start position:0% for 500 worth of coins so pod leader 00:02:35.239 --> 00:02:37.869 align:start position:0% for 500 worth of coins so pod leader give<00:02:35.560> 500<00:02:36.040> wors<00:02:36.319> of<00:02:36.480> coins<00:02:37.040> to<00:02:37.319> everyone<00:02:37.680> in 00:02:37.869 --> 00:02:37.879 align:start position:0% give 500 wors of coins to everyone in 00:02:37.879 --> 00:02:38.790 align:start position:0% give 500 wors of coins to everyone in your 00:02:38.790 --> 00:02:38.800 align:start position:0% your 00:02:38.800 --> 00:02:41.790 align:start position:0% your pod<00:02:39.800> 500<00:02:40.480> worth<00:02:40.800> of<00:02:40.959> coins<00:02:41.239> to<00:02:41.400> everyone<00:02:41.680> in 00:02:41.790 --> 00:02:41.800 align:start position:0% pod 500 worth of coins to everyone in 00:02:41.800 --> 00:03:18.550 align:start position:0% pod 500 worth of coins to everyone in your<00:02:42.000> pod 00:03:18.550 --> 00:03:18.560 align:start position:0% 00:03:18.560 --> 00:03:20.990 align:start position:0% oh<00:03:18.680> we<00:03:18.799> don't<00:03:18.959> have<00:03:19.080> any<00:03:19.280> P<00:03:19.480> leader 00:03:20.990 --> 00:03:21.000 align:start position:0% oh we don't have any P leader 00:03:21.000 --> 00:03:23.270 align:start position:0% oh we don't have any P leader there<00:03:22.000> who<00:03:22.200> the<00:03:22.319> P<00:03:22.519> leader<00:03:22.760> there<00:03:22.879> is<00:03:22.959> no<00:03:23.120> P 00:03:23.270 --> 00:03:23.280 align:start position:0% there who the P leader there is no P 00:03:23.280 --> 00:03:28.509 align:start position:0% there who the P leader there is no P leader<00:03:23.640> there<00:03:24.480> wait<00:03:25.760> uh<00:03:26.760> can<00:03:26.959> you<00:03:27.959> can<00:03:28.040> you<00:03:28.120> be 00:03:28.509 --> 00:03:28.519 align:start position:0% leader there wait uh can you can you be 00:03:28.519 --> 00:03:42.429 align:start position:0% leader there wait uh can you can you be leader<00:03:28.920> there<00:03:29.920> yeah<00:03:30.120> okay<00:03:30.680> yeah<00:03:31.040> this 00:03:42.429 --> 00:03:42.439 align:start position:0% 00:03:42.439 --> 00:03:44.869 align:start position:0% P<00:03:43.439> what's<00:03:43.599> happening<00:03:44.319> the<00:03:44.400> people<00:03:44.599> at<00:03:44.720> the 00:03:44.869 --> 00:03:44.879 align:start position:0% P what's happening the people at the 00:03:44.879 --> 00:03:47.949 align:start position:0% P what's happening the people at the back<00:03:45.080> are<00:03:45.439> empty<00:03:46.280> someone<00:03:46.680> there<00:03:47.640> or<00:03:47.720> I<00:03:47.840> could 00:03:47.949 --> 00:03:47.959 align:start position:0% back are empty someone there or I could 00:03:47.959 --> 00:03:49.670 align:start position:0% back are empty someone there or I could ask<00:03:48.159> everyone<00:03:48.400> to<00:03:48.560> get<00:03:48.640> up<00:03:48.760> and<00:03:49.120> there<00:03:49.239> is<00:03:49.319> no<00:03:49.480> P 00:03:49.670 --> 00:03:49.680 align:start position:0% ask everyone to get up and there is no P 00:03:49.680 --> 00:03:51.270 align:start position:0% ask everyone to get up and there is no P leader<00:03:50.000> over<00:03:50.239> there<00:03:50.799> does<00:03:50.879> they<00:03:51.000> have<00:03:51.200> they 00:03:51.270 --> 00:03:51.280 align:start position:0% leader over there does they have they 00:03:51.280 --> 00:03:53.789 align:start position:0% leader over there does they have they have<00:03:51.360> the<00:03:51.480> coin<00:03:51.680> or<00:03:51.840> not<00:03:52.400> they<00:03:52.519> have<00:03:52.680> coins 00:03:53.789 --> 00:03:53.799 align:start position:0% have the coin or not they have coins 00:03:53.799 --> 00:03:56.630 align:start position:0% have the coin or not they have coins yeah<00:03:54.799> uh<00:03:55.480> maybe<00:03:55.720> Mick<00:03:56.000> Mick<00:03:56.239> can<00:03:56.360> you<00:03:56.480> take 00:03:56.630 --> 00:03:56.640 align:start position:0% yeah uh maybe Mick Mick can you take 00:03:56.640 --> 00:03:59.949 align:start position:0% yeah uh maybe Mick Mick can you take this<00:03:56.840> p 00:03:59.949 --> 00:03:59.959 align:start position:0% 00:03:59.959 --> 00:04:01.630 align:start position:0% do<00:04:00.040> they<00:04:00.159> have<00:04:00.319> cards<00:04:01.159> no<00:04:01.280> you<00:04:01.400> don't<00:04:01.519> have 00:04:01.630 --> 00:04:01.640 align:start position:0% do they have cards no you don't have 00:04:01.640 --> 00:04:02.910 align:start position:0% do they have cards no you don't have cards<00:04:01.920> there<00:04:02.040> is<00:04:02.159> nothing<00:04:02.400> here<00:04:02.519> I<00:04:02.599> don't<00:04:02.720> know 00:04:02.910 --> 00:04:02.920 align:start position:0% cards there is nothing here I don't know 00:04:02.920 --> 00:04:04.710 align:start position:0% cards there is nothing here I don't know how<00:04:03.079> you<00:04:03.200> even<00:04:03.360> got<00:04:03.519> the<00:04:03.640> coin<00:04:04.239> so<00:04:04.439> if<00:04:04.519> you<00:04:04.599> want 00:04:04.710 --> 00:04:04.720 align:start position:0% how you even got the coin so if you want 00:04:04.720 --> 00:04:06.910 align:start position:0% how you even got the coin so if you want to<00:04:04.840> play<00:04:05.000> you<00:04:05.120> have<00:04:05.239> to<00:04:05.360> go<00:04:05.480> in<00:04:05.720> some<00:04:05.879> other<00:04:06.120> pod 00:04:06.910 --> 00:04:06.920 align:start position:0% to play you have to go in some other pod 00:04:06.920 --> 00:04:38.469 align:start position:0% to play you have to go in some other pod this<00:04:07.439> has<00:04:07.560> to<00:04:07.680> be<00:04:07.840> empty 00:04:38.469 --> 00:04:38.479 align:start position:0% 00:04:38.479 --> 00:04:41.950 align:start position:0% so<00:04:38.880> now<00:04:39.199> pod<00:04:39.479> leaders<00:04:40.400> take<00:04:40.880> the<00:04:41.120> first<00:04:41.639> sheet 00:04:41.950 --> 00:04:41.960 align:start position:0% so now pod leaders take the first sheet 00:04:41.960 --> 00:04:46.870 align:start position:0% so now pod leaders take the first sheet of<00:04:42.360> mm<00:04:43.160> which<00:04:43.280> is<00:04:43.520> cat<00:04:43.880> and<00:04:44.199> dog<00:04:45.199> and<00:04:45.680> put<00:04:46.639> a 00:04:46.870 --> 00:04:46.880 align:start position:0% of mm which is cat and dog and put a 00:04:46.880 --> 00:04:50.230 align:start position:0% of mm which is cat and dog and put a token<00:04:47.880> where<00:04:48.120> it's<00:04:48.280> in<00:04:48.440> bold<00:04:49.000> italan<00:04:49.520> bold<00:04:50.000> on 00:04:50.230 --> 00:04:50.240 align:start position:0% token where it's in bold italan bold on 00:04:50.240 --> 00:04:52.550 align:start position:0% token where it's in bold italan bold on both<00:04:50.400> of<00:04:50.520> the<00:04:50.800> markets<00:04:51.800> put<00:04:51.919> a<00:04:52.080> token<00:04:52.440> where 00:04:52.550 --> 00:04:52.560 align:start position:0% both of the markets put a token where 00:04:52.560 --> 00:04:58.070 align:start position:0% both of the markets put a token where it's<00:04:52.720> in 00:04:58.070 --> 00:04:58.080 align:start position:0% 00:04:58.080 --> 00:05:00.189 align:start position:0% bold<00:04:59.080> everybody 00:05:00.189 --> 00:05:00.199 align:start position:0% bold everybody 00:05:00.199 --> 00:05:02.670 align:start position:0% bold everybody yeah<00:05:00.360> you<00:05:00.479> have<00:05:00.600> to<00:05:00.759> take<00:05:01.240> the<00:05:01.360> sheet<00:05:01.880> here<00:05:02.240> and 00:05:02.670 --> 00:05:02.680 align:start position:0% yeah you have to take the sheet here and 00:05:02.680 --> 00:05:05.590 align:start position:0% yeah you have to take the sheet here and the<00:05:02.840> cat<00:05:03.000> and<00:05:03.320> dog<00:05:04.320> cat<00:05:04.479> and<00:05:04.600> dog<00:05:05.280> everyone 00:05:05.590 --> 00:05:05.600 align:start position:0% the cat and dog cat and dog everyone 00:05:05.600 --> 00:05:09.270 align:start position:0% the cat and dog cat and dog everyone take<00:05:05.720> a<00:05:05.880> cat<00:05:06.000> and 00:05:09.270 --> 00:05:09.280 align:start position:0% 00:05:09.280 --> 00:05:11.469 align:start position:0% dog<00:05:10.280> is<00:05:10.400> there<00:05:10.520> a<00:05:10.639> poer<00:05:11.039> here<00:05:11.160> there<00:05:11.240> is<00:05:11.360> no 00:05:11.469 --> 00:05:11.479 align:start position:0% dog is there a poer here there is no 00:05:11.479 --> 00:05:14.310 align:start position:0% dog is there a poer here there is no poer 00:05:14.310 --> 00:05:14.320 align:start position:0% 00:05:14.320 --> 00:05:21.710 align:start position:0% here<00:05:15.320> uh 00:05:21.710 --> 00:05:21.720 align:start position:0% 00:05:21.720 --> 00:05:24.790 align:start position:0% wait<00:05:22.720> yeah<00:05:22.880> you<00:05:23.000> take<00:05:23.199> it<00:05:23.400> and<00:05:23.520> you<00:05:23.720> put<00:05:24.440> a<00:05:24.560> coin 00:05:24.790 --> 00:05:24.800 align:start position:0% wait yeah you take it and you put a coin 00:05:24.800 --> 00:05:42.150 align:start position:0% wait yeah you take it and you put a coin I<00:05:24.919> gave<00:05:25.080> you<00:05:25.199> a<00:05:25.360> coin<00:05:26.280> on<00:05:26.919> the<00:05:27.080> B<00:05:27.400> stuff 00:05:42.150 --> 00:05:42.160 align:start position:0% 00:05:42.160 --> 00:05:43.749 align:start position:0% so<00:05:42.360> put<00:05:42.520> the 00:05:43.749 --> 00:05:43.759 align:start position:0% so put the 00:05:43.759 --> 00:05:46.110 align:start position:0% so put the coins<00:05:44.759> put<00:05:44.880> the<00:05:45.000> coins<00:05:45.280> there<00:05:45.400> you<00:05:45.520> don't<00:05:45.919> yeah 00:05:46.110 --> 00:05:46.120 align:start position:0% coins put the coins there you don't yeah 00:05:46.120 --> 00:05:48.029 align:start position:0% coins put the coins there you don't yeah this<00:05:46.400> the<00:05:46.520> small<00:05:46.759> coins<00:05:47.360> you<00:05:47.479> put<00:05:47.639> the<00:05:47.800> small 00:05:48.029 --> 00:05:48.039 align:start position:0% this the small coins you put the small 00:05:48.039 --> 00:05:50.629 align:start position:0% this the small coins you put the small coin<00:05:48.280> for<00:05:48.440> the<00:05:48.600> amm<00:05:49.600> you<00:05:49.800> have 00:05:50.629 --> 00:05:50.639 align:start position:0% coin for the amm you have 00:05:50.639 --> 00:05:55.110 align:start position:0% coin for the amm you have it<00:05:51.639> you<00:05:51.840> have 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repeat<00:06:15.080> the<00:06:15.240> first<00:06:15.520> basics<00:06:15.960> of<00:06:16.080> the 00:06:16.830 --> 00:06:16.840 align:start position:0% okay what repeat the first basics of the 00:06:16.840 --> 00:06:19.189 align:start position:0% okay what repeat the first basics of the like<00:06:17.000> just<00:06:17.319> the<00:06:17.479> first<00:06:17.720> moment<00:06:18.240> some<00:06:19.080> they 00:06:19.189 --> 00:06:19.199 align:start position:0% like just the first moment some they 00:06:19.199 --> 00:06:21.510 align:start position:0% like just the first moment some they should<00:06:19.360> be<00:06:19.520> po<00:06:19.680> leer<00:06:20.080> everywhere<00:06:20.599> and<00:06:21.400> this 00:06:21.510 --> 00:06:21.520 align:start position:0% should be po leer everywhere and this 00:06:21.520 --> 00:06:23.990 align:start position:0% should be po leer everywhere and this should<00:06:21.639> be<00:06:21.800> po<00:06:21.919> leer<00:06:22.280> everywhere<00:06:23.280> like<00:06:23.800> pod 00:06:23.990 --> 00:06:24.000 align:start position:0% should be po leer everywhere like pod 00:06:24.000 --> 00:06:26.350 align:start position:0% should be po leer everywhere like pod leaders<00:06:24.360> who<00:06:24.479> should<00:06:24.680> be<00:06:24.800> able<00:06:25.000> to<00:06:25.599> uh<00:06:26.039> execute 00:06:26.350 --> 00:06:26.360 align:start position:0% leaders who should be able to uh execute 00:06:26.360 --> 00:06:33.230 align:start position:0% leaders who should be able to uh execute the<00:06:26.479> amm 00:06:33.230 --> 00:06:33.240 align:start position:0% 00:06:33.240 --> 00:06:35.550 align:start position:0% so<00:06:33.800> if<00:06:34.000> anybody<00:06:34.440> has<00:06:34.560> some<00:06:34.720> issue<00:06:34.960> and<00:06:35.120> do<00:06:35.280> not 00:06:35.550 --> 00:06:35.560 align:start position:0% so if anybody has some issue and do not 00:06:35.560 --> 00:06:39.469 align:start position:0% so if anybody has some issue and do not have<00:06:36.160> the<00:06:36.560> dog<00:06:37.240> the<00:06:37.360> C<00:06:37.720> dog<00:06:38.120> paper<00:06:38.560> raise<00:06:38.800> your 00:06:39.469 --> 00:06:39.479 align:start position:0% have the dog the C dog paper raise your 00:06:39.479 --> 00:06:44.749 align:start position:0% have the dog the C dog paper raise your hand<00:06:40.479> if<00:06:40.639> anybody<00:06:41.000> has<00:06:41.120> an 00:06:44.749 --> 00:06:44.759 align:start position:0% 00:06:44.759 --> 00:06:48.710 align:start position:0% issue<00:06:45.759> okay<00:06:46.280> so<00:06:47.080> you<00:06:47.240> all<00:06:47.440> have<00:06:47.639> the<00:06:47.800> 500<00:06:48.240> coins 00:06:48.710 --> 00:06:48.720 align:start position:0% issue okay so you all have the 500 coins 00:06:48.720 --> 00:06:50.270 align:start position:0% issue okay so you all have the 500 coins right<00:06:49.160> everyone<00:06:49.479> has 00:06:50.270 --> 00:06:50.280 align:start position:0% right everyone has 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--> 00:07:02.550 align:start position:0% cat tokens if you seeing that it's a cat or<00:07:00.720> you<00:07:00.840> can<00:07:01.000> buy<00:07:01.240> dog's<00:07:01.560> token<00:07:02.120> if<00:07:02.240> you<00:07:02.319> think 00:07:02.550 --> 00:07:02.560 align:start position:0% or you can buy dog's token if you think 00:07:02.560 --> 00:07:05.589 align:start position:0% or you can buy dog's token if you think that<00:07:02.680> it's<00:07:02.800> a<00:07:02.960> dog<00:07:03.960> and<00:07:04.120> the<00:07:04.360> price<00:07:04.879> is<00:07:05.080> given 00:07:05.589 --> 00:07:05.599 align:start position:0% that it's a dog and the price is given 00:07:05.599 --> 00:07:07.629 align:start position:0% that it's a dog and the price is given to<00:07:05.800> you<00:07:06.080> on<00:07:06.280> the<00:07:06.479> amm 00:07:07.629 --> 00:07:07.639 align:start position:0% to you on the amm 00:07:07.639 --> 00:07:09.869 align:start position:0% to you on the amm sheet<00:07:08.639> and<00:07:08.800> what<00:07:08.919> you<00:07:09.039> can<00:07:09.160> also<00:07:09.400> do<00:07:09.599> if<00:07:09.720> you 00:07:09.869 --> 00:07:09.879 align:start position:0% sheet and what you can also do if you 00:07:09.879 --> 00:07:13.830 align:start position:0% sheet and what you can also do if you wish<00:07:10.759> you<00:07:10.919> can<00:07:11.599> give<00:07:11.879> a<00:07:12.120> 100<00:07:12.479> coins<00:07:13.240> and<00:07:13.479> get<00:07:13.680> a 00:07:13.830 --> 00:07:13.840 align:start position:0% wish you can give a 100 coins and get a 00:07:13.840 --> 00:07:17.350 align:start position:0% wish you can give a 100 coins and get a complete<00:07:14.199> set<00:07:14.759> of<00:07:15.080> both<00:07:15.840> so<00:07:16.000> you<00:07:16.120> have<00:07:16.360> open 00:07:17.350 --> 00:07:17.360 align:start position:0% complete set of both so you have open 00:07:17.360 --> 00:07:20.469 align:start position:0% complete set of both so you have open the<00:07:18.080> box<00:07:18.360> a<00:07:18.639> right<00:07:18.759> you<00:07:18.879> have<00:07:19.000> all<00:07:19.120> the<00:07:19.199> Box<00:07:19.479> a 00:07:20.469 --> 00:07:20.479 align:start position:0% the box a right you have all the Box a 00:07:20.479 --> 00:07:22.749 align:start position:0% the box a right you have all the Box a okay<00:07:21.199> so<00:07:21.520> now<00:07:21.639> you<00:07:21.759> can<00:07:21.919> start<00:07:22.160> to<00:07:22.319> trade<00:07:22.599> on 00:07:22.749 --> 00:07:22.759 align:start position:0% okay so now you can start to trade on 00:07:22.759 --> 00:07:25.710 align:start position:0% okay so now you can start to trade on with<00:07:22.879> this<00:07:23.319> amm<00:07:24.319> buying<00:07:24.680> or<00:07:24.800> selling<00:07:25.120> tokens 00:07:25.710 --> 00:07:25.720 align:start position:0% with this amm buying or selling tokens 00:07:25.720 --> 00:07:26.749 align:start position:0% with this amm buying or selling tokens of<00:07:25.919> cat<00:07:26.080> and 00:07:26.749 --> 00:07:26.759 align:start position:0% of cat and 00:07:26.759 --> 00:07:29.110 align:start position:0% of cat and dogs<00:07:27.759> and<00:07:27.960> if<00:07:28.039> you<00:07:28.160> have<00:07:28.280> any<00:07:28.479> question<00:07:28.800> at<00:07:28.960> any 00:07:29.110 --> 00:07:29.120 align:start position:0% dogs and if you have any question at any 00:07:29.120 --> 00:07:36.189 align:start position:0% dogs and if you have any question at any point<00:07:29.520> don't<00:07:29.720> hesitate<00:07:30.039> to<00:07:30.120> raise<00:07:30.360> your 00:07:36.189 --> 00:07:36.199 align:start position:0% 00:07:36.199 --> 00:07:54.309 align:start position:0% hand 00:07:54.309 --> 00:07:54.319 align:start position:0% 00:07:54.319 --> 00:07:56.629 align:start position:0% yeah<00:07:55.319> you<00:07:55.479> have<00:07:55.680> the<00:07:55.840> you<00:07:55.919> have<00:07:56.039> your<00:07:56.199> coins<00:07:56.520> no 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wait it was here was they not have the<00:08:25.560> coins<00:08:26.560> so<00:08:26.800> you<00:08:26.919> need<00:08:27.080> to<00:08:27.199> have<00:08:27.280> the<00:08:27.400> coin 00:08:27.710 --> 00:08:27.720 align:start position:0% the coins so you need to have the coin 00:08:27.720 --> 00:08:30.790 align:start position:0% the coins so you need to have the coin here<00:08:27.919> on<00:08:28.199> your<00:08:29.199> C<00:08:29.639> dog<00:08:29.879> so<00:08:30.000> you<00:08:30.159> have<00:08:30.280> the<00:08:30.440> coins 00:08:30.790 --> 00:08:30.800 align:start position:0% here on your C dog so you have the coins 00:08:30.800 --> 00:08:33.149 align:start position:0% here on your C dog so you have the coins here<00:08:31.599> okay 00:08:33.149 --> 00:08:33.159 align:start position:0% here okay 00:08:33.159 --> 00:08:36.550 align:start position:0% here okay so<00:08:34.159> this<00:08:34.320> means<00:08:34.640> that<00:08:34.800> you<00:08:34.919> can<00:08:35.159> from<00:08:35.320> the<00:08:35.560> bank 00:08:36.550 --> 00:08:36.560 align:start position:0% so this means that you can from the bank 00:08:36.560 --> 00:08:39.190 align:start position:0% so this means that you can from the bank you<00:08:36.680> can<00:08:36.880> buy<00:08:37.120> token<00:08:37.440> of<00:08:37.680> cat<00:08:38.039> at<00:08:38.240> 50<00:08:38.959> and<00:08:39.080> then 00:08:39.190 --> 00:08:39.200 align:start position:0% you can buy token of cat at 50 and then 00:08:39.200 --> 00:08:42.310 align:start position:0% you can buy token of cat at 50 and then you<00:08:39.320> move<00:08:39.560> it<00:08:39.880> up<00:08:40.880> or<00:08:41.399> you<00:08:41.519> can<00:08:41.680> buy<00:08:41.880> token<00:08:42.159> of 00:08:42.310 --> 00:08:42.320 align:start position:0% you move it up or you can buy token of 00:08:42.320 --> 00:08:46.190 align:start position:0% you move it up or you can buy token of dog<00:08:42.519> at<00:08:42.680> 50<00:08:43.000> and<00:08:43.120> then<00:08:43.200> you<00:08:43.279> move<00:08:43.479> it<00:08:43.760> up 00:08:46.190 --> 00:08:46.200 align:start position:0% dog at 50 and then you move it up 00:08:46.200 --> 00:08:50.110 align:start position:0% dog at 50 and then you move it up and<00:08:47.200> yes<00:08:47.399> and<00:08:47.480> you<00:08:47.600> have<00:08:47.720> to<00:08:47.839> open<00:08:48.440> the<00:08:48.600> box<00:08:49.120> a 00:08:50.110 --> 00:08:50.120 align:start position:0% and yes and you have to open the box a 00:08:50.120 --> 00:08:53.230 align:start position:0% and yes and you have to open the box a has<00:08:50.360> everyone<00:08:50.680> open<00:08:50.959> the<00:08:51.080> box<00:08:51.480> a<00:08:52.480> pod<00:08:52.760> leaders 00:08:53.230 --> 00:08:53.240 align:start position:0% has everyone open the box a pod leaders 00:08:53.240 --> 00:08:56.190 align:start position:0% has everyone open the box a pod leaders have<00:08:53.360> you<00:08:53.519> open<00:08:53.680> the<00:08:53.839> box 00:08:56.190 --> 00:08:56.200 align:start position:0% 00:08:56.200 --> 00:08:59.230 align:start position:0% a<00:08:57.200> yeah<00:08:57.360> open<00:08:57.600> the<00:08:57.760> box<00:08:58.040> a<00:08:58.519> and<00:08:58.640> you<00:08:58.760> will<00:08:58.920> see 00:08:59.230 --> 00:08:59.240 align:start position:0% a yeah open the box a and you will see 00:08:59.240 --> 00:09:01.829 align:start position:0% a yeah open the box a and you will see the<00:08:59.480> token<00:08:59.959> no<00:09:00.079> no<00:09:00.279> that's<00:09:00.560> that's<00:09:00.680> the<00:09:00.839> Box<00:09:01.079> a 00:09:01.829 --> 00:09:01.839 align:start position:0% the token no no that's that's the Box a 00:09:01.839 --> 00:09:05.829 align:start position:0% the token no no that's that's the Box a so<00:09:02.079> here<00:09:02.200> we<00:09:02.320> need<00:09:02.440> a<00:09:02.600> pod<00:09:03.279> leader<00:09:04.279> uh<00:09:04.880> p<00:09:05.440> p<00:09:05.760> can 00:09:05.829 --> 00:09:05.839 align:start position:0% so here we need a pod leader uh p p can 00:09:05.839 --> 00:09:09.710 align:start position:0% so here we need a pod leader uh p p can you<00:09:05.920> be<00:09:06.079> pod<00:09:06.279> leader 00:09:09.710 --> 00:09:09.720 align:start position:0% 00:09:09.720 --> 00:09:12.310 align:start position:0% there<00:09:10.720> just<00:09:10.959> take<00:09:11.079> a<00:09:11.200> seat<00:09:11.480> here<00:09:11.680> and<00:09:12.040> uh<00:09:12.200> take 00:09:12.310 --> 00:09:12.320 align:start position:0% there just take a seat here and uh take 00:09:12.320 --> 00:09:16.829 align:start position:0% there just take a seat here and uh take a<00:09:12.440> seat<00:09:12.600> and<00:09:12.720> Lead<00:09:12.959> this 00:09:16.829 --> 00:09:16.839 align:start position:0% 00:09:16.839 --> 00:09:19.430 align:start position:0% pod<00:09:17.839> so<00:09:18.160> what<00:09:18.320> is<00:09:18.640> here<00:09:18.800> we<00:09:18.920> don't<00:09:19.079> have<00:09:19.240> P 00:09:19.430 --> 00:09:19.440 align:start position:0% pod so what is here we don't have P 00:09:19.440 --> 00:09:21.910 align:start position:0% pod so what is here we don't have P leader 00:09:21.910 --> 00:09:21.920 align:start position:0% 00:09:21.920 --> 00:09:24.389 align:start position:0% here<00:09:22.920> where<00:09:23.040> is<00:09:23.120> the<00:09:23.279> P 00:09:24.389 --> 00:09:24.399 align:start position:0% here where is the P 00:09:24.399 --> 00:09:26.509 align:start position:0% here where is the P leader<00:09:25.399> are<00:09:25.480> you<00:09:25.600> leading<00:09:25.839> a 00:09:26.509 --> 00:09:26.519 align:start position:0% leader are you leading a 00:09:26.519 --> 00:09:34.829 align:start position:0% leader are you leading a p<00:09:27.519> are<00:09:27.640> you<00:09:27.760> leading<00:09:28.160> a<00:09:28.320> pod 00:09:34.829 --> 00:09:34.839 align:start position:0% 00:09:34.839 --> 00:09:41.110 align:start position:0% uh<00:09:35.600> so<00:09:36.480> here<00:09:37.480> each<00:09:37.720> chip<00:09:38.600> uh<00:09:39.240> each<00:09:39.800> 100<00:09:40.440> uh<00:09:40.680> they 00:09:41.110 --> 00:09:41.120 align:start position:0% uh so here each chip uh each 100 uh they 00:09:41.120 --> 00:09:42.829 align:start position:0% uh so here each chip uh each 100 uh they get<00:09:41.320> one<00:09:41.680> that's<00:09:41.800> the<00:09:41.920> cat<00:09:42.079> and<00:09:42.240> dog<00:09:42.440> ones<00:09:42.720> you 00:09:42.829 --> 00:09:42.839 align:start position:0% get one that's the cat and dog ones you 00:09:42.839 --> 00:09:47.550 align:start position:0% get one that's the cat and dog ones you have<00:09:42.959> the<00:09:43.040> cat<00:09:43.200> and<00:09:43.320> dog<00:09:43.519> in<00:09:44.040> box 00:09:47.550 --> 00:09:47.560 align:start position:0% 00:09:47.560 --> 00:09:49.670 align:start position:0% a<00:09:48.560> so 00:09:49.670 --> 00:09:49.680 align:start position:0% a so 00:09:49.680 --> 00:09:53.389 align:start position:0% a so here<00:09:50.680> you<00:09:51.160> you<00:09:51.279> can<00:09:51.480> buy<00:09:51.839> at<00:09:52.040> this<00:09:52.279> price<00:09:53.200> and 00:09:53.389 --> 00:09:53.399 align:start position:0% here you you can buy at this price and 00:09:53.399 --> 00:09:55.870 align:start position:0% here you you can buy at this price and you<00:09:53.519> can<00:09:53.680> sell<00:09:54.000> at<00:09:54.120> the<00:09:54.320> price<00:09:54.720> just<00:09:54.959> above<00:09:55.480> any 00:09:55.870 --> 00:09:55.880 align:start position:0% you can sell at the price just above any 00:09:55.880 --> 00:10:00.269 align:start position:0% you can sell at the price just above any amount<00:09:56.880> one<00:09:57.120> by<00:09:57.399> one<00:09:58.399> so<00:09:58.680> Circle 00:10:00.269 --> 00:10:00.279 align:start position:0% amount one by one so Circle 00:10:00.279 --> 00:10:02.030 align:start position:0% amount one by one so Circle you<00:10:00.399> can<00:10:00.600> have<00:10:00.880> like<00:10:01.279> if<00:10:01.480> multiple<00:10:01.839> people 00:10:02.030 --> 00:10:02.040 align:start position:0% you can have like if multiple people 00:10:02.040 --> 00:10:04.990 align:start position:0% you can have like if multiple people want<00:10:02.160> to<00:10:02.279> buy<00:10:02.480> at<00:10:02.560> the<00:10:02.640> same<00:10:02.839> time 00:10:04.990 --> 00:10:05.000 align:start position:0% want to buy at the same time 00:10:05.000 --> 00:10:08.750 align:start position:0% want to buy at the same time yes<00:10:06.000> can<00:10:06.079> I<00:10:06.200> shove<00:10:06.560> on<00:10:06.959> that<00:10:07.959> what's<00:10:08.160> my<00:10:08.480> what 00:10:08.750 --> 00:10:08.760 align:start position:0% yes can I shove on that what's my what 00:10:08.760 --> 00:10:10.949 align:start position:0% yes can I shove on that what's my what size<00:10:09.079> can<00:10:09.200> I<00:10:09.360> bet<00:10:09.600> before<00:10:09.800> it<00:10:09.920> moves<00:10:10.760> you<00:10:10.839> can 00:10:10.949 --> 00:10:10.959 align:start position:0% size can I bet before it moves you can 00:10:10.959 --> 00:10:14.470 align:start position:0% size can I bet before it moves you can do<00:10:11.079> one<00:10:11.320> by<00:10:11.480> one<00:10:11.839> so<00:10:11.959> you<00:10:12.079> have<00:10:12.240> here 00:10:14.470 --> 00:10:14.480 align:start position:0% do one by one so you have here 00:10:14.480 --> 00:10:18.389 align:start position:0% do one by one so you have here have<00:10:15.480> so<00:10:16.320> give<00:10:17.040> uh<00:10:17.399> how<00:10:17.519> much<00:10:17.720> size<00:10:18.000> can<00:10:18.120> I<00:10:18.279> put 00:10:18.389 --> 00:10:18.399 align:start position:0% have so give uh how much size can I put 00:10:18.399 --> 00:10:21.069 align:start position:0% have so give uh how much size can I put in<00:10:18.560> before<00:10:19.000> the<00:10:19.560> no<00:10:19.640> it's<00:10:19.760> already<00:10:20.000> one<00:10:20.200> by<00:10:20.360> one 00:10:21.069 --> 00:10:21.079 align:start position:0% in before the no it's already one by one 00:10:21.079 --> 00:10:24.509 align:start position:0% in before the no it's already one by one so<00:10:21.240> you<00:10:21.320> have<00:10:21.440> to<00:10:21.600> pay<00:10:21.800> 50<00:10:22.360> you<00:10:22.519> pay<00:10:22.760> 50<00:10:23.600> 50<00:10:24.120> okay 00:10:24.509 --> 00:10:24.519 align:start position:0% so you have to pay 50 you pay 50 50 okay 00:10:24.519 --> 00:10:26.389 align:start position:0% so you have to pay 50 you pay 50 50 okay that's<00:10:24.760> my<00:10:24.959> Max<00:10:25.320> size<00:10:25.680> I<00:10:25.800> can<00:10:25.920> do<00:10:26.079> at<00:10:26.200> this 00:10:26.389 --> 00:10:26.399 align:start position:0% that's my Max size I can do at this 00:10:26.399 --> 00:10:28.630 align:start position:0% that's my Max size I can do at this price<00:10:26.760> and<00:10:26.880> now<00:10:27.120> it's<00:10:27.279> moving<00:10:27.880> yeah<00:10:28.320> okay<00:10:28.519> you 00:10:28.630 --> 00:10:28.640 align:start position:0% price and now it's moving yeah okay you 00:10:28.640 --> 00:10:31.590 align:start position:0% price and now it's moving yeah okay you put<00:10:28.800> that<00:10:28.920> back<00:10:29.040> into 00:10:31.590 --> 00:10:31.600 align:start position:0% 00:10:31.600 --> 00:10:34.509 align:start position:0% okay 00:10:34.509 --> 00:10:34.519 align:start position:0% okay 00:10:34.519 --> 00:10:37.870 align:start position:0% okay I'm<00:10:35.519> you're<00:10:35.680> going<00:10:35.760> to<00:10:35.839> be<00:10:36.040> B 00:10:37.870 --> 00:10:37.880 align:start position:0% I'm you're going to be B 00:10:37.880 --> 00:10:41.430 align:start position:0% I'm you're going to be B holding<00:10:38.880> you<00:10:39.160> get<00:10:39.279> the<00:10:39.399> cat<00:10:39.880> cat<00:10:40.160> B<00:10:41.160> here<00:10:41.279> and 00:10:41.430 --> 00:10:41.440 align:start position:0% holding you get the cat cat B here and 00:10:41.440 --> 00:10:46.030 align:start position:0% holding you get the cat cat B here and this<00:10:41.720> isna<00:10:42.720> the<00:10:42.839> cat<00:10:43.480> thanks<00:10:43.639> for<00:10:43.760> the<00:10:43.880> exit 00:10:46.030 --> 00:10:46.040 align:start position:0% this isna the cat thanks for the exit 00:10:46.040 --> 00:10:49.710 align:start position:0% this isna the cat thanks for the exit liquidity<00:10:47.040> the<00:10:47.200> dog<00:10:47.440> press<00:10:47.760> is<00:10:47.880> too<00:10:48.120> good 00:10:49.710 --> 00:10:49.720 align:start position:0% liquidity the dog press is too good 00:10:49.720 --> 00:10:52.710 align:start position:0% liquidity the dog press is too good now<00:10:50.720> so<00:10:50.920> do<00:10:51.040> we<00:10:51.480> anyway<00:10:51.880> we<00:10:52.000> can<00:10:52.480> understand 00:10:52.710 --> 00:10:52.720 align:start position:0% now so do we anyway we can understand 00:10:52.720 --> 00:10:53.949 align:start position:0% now so do we anyway we can understand what<00:10:53.040> yeah<00:10:53.120> because<00:10:53.360> there<00:10:53.440> should<00:10:53.560> be<00:10:53.680> a<00:10:53.760> p 00:10:53.949 --> 00:10:53.959 align:start position:0% what yeah because there should be a p 00:10:53.959 --> 00:10:57.430 align:start position:0% what yeah because there should be a p leader<00:10:54.240> here<00:10:54.360> why<00:10:54.480> don't<00:10:54.639> we<00:10:54.760> have<00:10:54.839> a<00:10:54.920> p<00:10:55.120> leader 00:10:57.430 --> 00:10:57.440 align:start position:0% leader here why don't we have a p leader 00:10:57.440 --> 00:11:00.269 align:start position:0% leader here why don't we have a p leader here<00:10:58.440> oh<00:10:58.560> you<00:10:58.639> are<00:10:58.839> here<00:10:59.040> right<00:10:59.680> okay<00:11:00.040> can<00:11:00.120> you 00:11:00.269 --> 00:11:00.279 align:start position:0% here oh you are here right okay can you 00:11:00.279 --> 00:11:02.310 align:start position:0% here oh you are here right okay can you leave<00:11:00.480> this<00:11:00.680> SP<00:11:01.480> yeah 00:11:02.310 --> 00:11:02.320 align:start position:0% leave this SP yeah 00:11:02.320 --> 00:11:05.949 align:start position:0% leave this SP yeah yeah<00:11:03.320> so<00:11:03.480> it's 00:11:05.949 --> 00:11:05.959 align:start position:0% 00:11:05.959 --> 00:11:11.269 align:start position:0% 5050<00:11:06.959> I<00:11:07.079> was<00:11:07.279> talking 00:11:11.269 --> 00:11:11.279 align:start position:0% 00:11:11.279 --> 00:11:13.069 align:start position:0% with 00:11:13.069 --> 00:11:13.079 align:start position:0% with 00:11:13.079 --> 00:11:15.389 align:start position:0% with okay 00:11:15.389 --> 00:11:15.399 align:start position:0% okay 00:11:15.399 --> 00:11:17.910 align:start position:0% okay yeah<00:11:16.399> do<00:11:16.480> you<00:11:16.600> have<00:11:16.720> a<00:11:16.880> PO<00:11:17.360> oh<00:11:17.480> yeah<00:11:17.600> you<00:11:17.680> have<00:11:17.800> a 00:11:17.910 --> 00:11:17.920 align:start position:0% yeah do you have a PO oh yeah you have a 00:11:17.920 --> 00:11:20.990 align:start position:0% yeah do you have a PO oh yeah you have a poer<00:11:18.399> here 00:11:20.990 --> 00:11:21.000 align:start position:0% 00:11:21.000 --> 00:11:23.110 align:start position:0% okay 00:11:23.110 --> 00:11:23.120 align:start position:0% okay 00:11:23.120 --> 00:11:25.590 align:start position:0% okay yes<00:11:24.120> yeah<00:11:24.240> you<00:11:24.320> have<00:11:24.440> the<00:11:24.560> coin<00:11:24.920> okay<00:11:25.200> put<00:11:25.360> it 00:11:25.590 --> 00:11:25.600 align:start position:0% yes yeah you have the coin okay put it 00:11:25.600 --> 00:11:35.590 align:start position:0% yes yeah you have the coin okay put it and<00:11:25.760> start<00:11:26.160> to<00:11:26.279> under<00:11:26.519> your<00:11:26.720> p 00:11:35.590 --> 00:11:35.600 align:start position:0% 00:11:35.600 --> 00:11:39.310 align:start position:0% okay<00:11:36.279> here<00:11:37.040> what<00:11:37.399> here<00:11:37.680> reason<00:11:38.399> you<00:11:38.560> have<00:11:38.680> the 00:11:39.310 --> 00:11:39.320 align:start position:0% okay here what here reason you have the 00:11:39.320 --> 00:11:42.870 align:start position:0% okay here what here reason you have the Pod<00:11:40.800> so<00:11:41.800> oh<00:11:41.959> thank<00:11:42.079> you<00:11:42.320> you<00:11:42.360> are<00:11:42.480> starting 00:11:42.870 --> 00:11:42.880 align:start position:0% Pod so oh thank you you are starting 00:11:42.880 --> 00:11:45.550 align:start position:0% Pod so oh thank you you are starting here<00:11:43.519> and<00:11:43.680> every<00:11:43.880> time<00:11:44.040> you<00:11:44.240> move<00:11:45.120> you<00:11:45.399> are 00:11:45.550 --> 00:11:45.560 align:start position:0% here and every time you move you are 00:11:45.560 --> 00:11:47.629 align:start position:0% here and every time you move you are going<00:11:45.639> to<00:11:45.800> move<00:11:46.120> the<00:11:46.279> the 00:11:47.629 --> 00:11:47.639 align:start position:0% going to move the the 00:11:47.639 --> 00:11:50.949 align:start position:0% going to move the the coin<00:11:48.639> and<00:11:48.839> what<00:11:49.000> you<00:11:49.079> can<00:11:49.279> also<00:11:49.560> do<00:11:50.480> is<00:11:50.600> you<00:11:50.720> can 00:11:50.949 --> 00:11:50.959 align:start position:0% coin and what you can also do is you can 00:11:50.959 --> 00:11:53.389 align:start position:0% coin and what you can also do is you can give<00:11:51.399> 100<00:11:52.040> and<00:11:52.200> get<00:11:52.320> a<00:11:52.519> complete<00:11:52.839> set<00:11:53.000> so<00:11:53.200> both 00:11:53.389 --> 00:11:53.399 align:start position:0% give 100 and get a complete set so both 00:11:53.399 --> 00:11:57.790 align:start position:0% give 100 and get a complete set so both a<00:11:53.519> cat<00:11:53.680> and<00:11:53.760> a<00:11:53.880> dog<00:11:54.079> if<00:11:54.160> you<00:11:54.240> want<00:11:54.360> to<00:11:54.440> sell<00:11:54.720> them 00:11:57.790 --> 00:11:57.800 align:start position:0% 00:11:57.800 --> 00:12:01.269 align:start position:0% after<00:11:58.800> what 00:12:01.269 --> 00:12:01.279 align:start position:0% 00:12:01.279 --> 00:12:03.269 align:start position:0% cart<00:12:01.480> and<00:12:01.639> dog<00:12:01.839> are<00:12:01.959> in<00:12:02.079> the<00:12:02.200> card<00:12:02.440> set<00:12:02.639> in<00:12:02.880> the 00:12:03.269 --> 00:12:03.279 align:start position:0% cart and dog are in the card set in the 00:12:03.279 --> 00:12:07.910 align:start position:0% cart and dog are in the card set in the pack<00:12:04.000> a<00:12:05.000> it's<00:12:05.120> in<00:12:05.240> the<00:12:05.399> pack 00:12:07.910 --> 00:12:07.920 align:start position:0% 00:12:07.920 --> 00:12:47.430 align:start position:0% a<00:12:08.920> yeah<00:12:09.079> open<00:12:09.320> it<00:12:09.519> is<00:12:09.680> inside 00:12:47.430 --> 00:12:47.440 align:start position:0% 00:12:47.440 --> 00:12:51.189 align:start position:0% so<00:12:48.440> CLA<00:12:48.760> can<00:12:48.880> you<00:12:49.000> take<00:12:49.160> this<00:12:49.560> p<00:12:50.560> take<00:12:50.760> the<00:12:50.920> sh 00:12:51.189 --> 00:12:51.199 align:start position:0% so CLA can you take this p take the sh 00:12:51.199 --> 00:12:54.629 align:start position:0% so CLA can you take this p take the sh the<00:12:51.279> share<00:12:51.720> here<00:12:51.920> and<00:12:52.160> take<00:12:52.360> this 00:12:54.629 --> 00:12:54.639 align:start position:0% 00:12:54.639 --> 00:13:00.509 align:start position:0% P<00:12:55.639> so 00:13:00.509 --> 00:13:00.519 align:start position:0% 00:13:00.519 --> 00:13:03.790 align:start position:0% so<00:13:01.079> how<00:13:01.760> uh<00:13:02.320> if<00:13:02.440> they<00:13:02.639> give<00:13:02.760> me<00:13:03.040> a<00:13:03.240> 100<00:13:03.680> they 00:13:03.790 --> 00:13:03.800 align:start position:0% so how uh if they give me a 100 they 00:13:03.800 --> 00:13:06.430 align:start position:0% so how uh if they give me a 100 they should<00:13:04.199> get<00:13:04.480> one<00:13:05.240> if<00:13:05.360> they<00:13:05.519> give<00:13:05.639> you<00:13:05.880> 100<00:13:06.199> they 00:13:06.430 --> 00:13:06.440 align:start position:0% should get one if they give you 100 they 00:13:06.440 --> 00:13:14.069 align:start position:0% should get one if they give you 100 they they<00:13:06.600> get<00:13:06.839> that<00:13:07.120> and<00:13:07.279> then<00:13:07.399> the<00:13:07.560> cat<00:13:08.199> also 00:13:14.069 --> 00:13:14.079 align:start position:0% 00:13:14.079 --> 00:13:16.949 align:start position:0% okay<00:13:15.079> so<00:13:15.320> for<00:13:15.600> for<00:13:15.760> example<00:13:16.120> he<00:13:16.240> is<00:13:16.399> giving<00:13:16.680> me 00:13:16.949 --> 00:13:16.959 align:start position:0% okay so for for example he is giving me 00:13:16.959 --> 00:13:21.470 align:start position:0% okay so for for example he is giving me a<00:13:17.199> 100<00:13:17.839> yeah<00:13:18.839> uh<00:13:19.120> so<00:13:19.680> so<00:13:20.040> what<00:13:20.199> what<00:13:20.320> do<00:13:20.440> I<00:13:20.600> do 00:13:21.470 --> 00:13:21.480 align:start position:0% a 100 yeah uh so so what what do I do 00:13:21.480 --> 00:13:22.590 align:start position:0% a 100 yeah uh so so what what do I do what<00:13:21.560> do<00:13:21.639> you<00:13:21.720> want<00:13:21.800> to<00:13:21.920> do<00:13:22.040> you<00:13:22.120> want<00:13:22.199> to<00:13:22.320> buy 00:13:22.590 --> 00:13:22.600 align:start position:0% what do you want to do you want to buy 00:13:22.600 --> 00:13:25.870 align:start position:0% what do you want to do you want to buy cat<00:13:22.800> or<00:13:22.920> you<00:13:23.000> want<00:13:23.160> to<00:13:23.320> buy<00:13:23.880> dog<00:13:24.880> so<00:13:25.399> you<00:13:25.519> can 00:13:25.870 --> 00:13:25.880 align:start position:0% cat or you want to buy dog so you can 00:13:25.880 --> 00:13:28.030 align:start position:0% cat or you want to buy dog so you can you<00:13:25.959> can<00:13:26.079> only<00:13:26.279> give<00:13:26.480> 50<00:13:27.199> you<00:13:27.360> give<00:13:27.560> 50<00:13:27.880> and<00:13:27.959> you 00:13:28.030 --> 00:13:28.040 align:start position:0% you can only give 50 you give 50 and you 00:13:28.040 --> 00:13:31.189 align:start position:0% you can only give 50 you give 50 and you will<00:13:28.199> get<00:13:28.360> one<00:13:28.519> token<00:13:28.760> of<00:13:28.920> cat<00:13:29.560> okay<00:13:30.040> 50<00:13:31.000> you 00:13:31.189 --> 00:13:31.199 align:start position:0% will get one token of cat okay 50 you 00:13:31.199 --> 00:13:35.750 align:start position:0% will get one token of cat okay 50 you get<00:13:31.399> the<00:13:31.600> token<00:13:32.079> of<00:13:32.240> the<00:13:32.360> small<00:13:32.880> small<00:13:33.560> one<00:13:34.560> 100 00:13:35.750 --> 00:13:35.760 align:start position:0% get the token of the small small one 100 00:13:35.760 --> 00:13:39.389 align:start position:0% get the token of the small small one 100 one<00:13:36.760> and<00:13:36.959> then<00:13:37.959> uh<00:13:38.199> you<00:13:38.360> move<00:13:38.639> cat<00:13:38.839> up<00:13:38.959> no<00:13:39.079> no<00:13:39.199> no 00:13:39.389 --> 00:13:39.399 align:start position:0% one and then uh you move cat up no no no 00:13:39.399 --> 00:13:42.269 align:start position:0% one and then uh you move cat up no no no you<00:13:39.560> you<00:13:39.760> just<00:13:40.240> uh<00:13:40.560> you<00:13:40.720> just<00:13:40.880> put<00:13:41.000> it<00:13:41.160> in<00:13:41.360> the 00:13:42.269 --> 00:13:42.279 align:start position:0% you you just uh you just put it in the 00:13:42.279 --> 00:13:44.350 align:start position:0% you you just uh you just put it in the in<00:13:42.399> the 00:13:44.350 --> 00:13:44.360 align:start position:0% in the 00:13:44.360 --> 00:13:47.590 align:start position:0% in the bank<00:13:45.360> 60<00:13:45.720> for<00:13:45.959> cat<00:13:46.360> now<00:13:47.000> now<00:13:47.120> you<00:13:47.199> have<00:13:47.320> to<00:13:47.440> pay 00:13:47.590 --> 00:13:47.600 align:start position:0% bank 60 for cat now now you have to pay 00:13:47.600 --> 00:13:49.829 align:start position:0% bank 60 for cat now now you have to pay 60<00:13:47.920> for<00:13:48.160> cat<00:13:48.760> or<00:13:49.160> what<00:13:49.279> you<00:13:49.399> can<00:13:49.519> do<00:13:49.680> if<00:13:49.760> you 00:13:49.829 --> 00:13:49.839 align:start position:0% 60 for cat or what you can do if you 00:13:49.839 --> 00:13:51.870 align:start position:0% 60 for cat or what you can do if you want<00:13:50.040> you<00:13:50.160> can<00:13:50.320> pay<00:13:50.600> 100<00:13:51.320> and<00:13:51.440> you<00:13:51.560> get<00:13:51.680> a 00:13:51.870 --> 00:13:51.880 align:start position:0% want you can pay 100 and you get a 00:13:51.880 --> 00:13:53.509 align:start position:0% want you can pay 100 and you get a complete<00:13:52.160> set<00:13:52.320> so<00:13:52.440> you<00:13:52.519> get<00:13:52.639> both<00:13:52.880> cat<00:13:53.040> and 00:13:53.509 --> 00:13:53.519 align:start position:0% complete set so you get both cat and 00:13:53.519 --> 00:13:57.110 align:start position:0% complete set so you get both cat and dogs<00:13:54.519> you<00:13:54.639> can<00:13:54.759> use<00:13:54.920> it<00:13:55.040> to<00:13:55.199> sell<00:13:55.839> it<00:13:56.839> but<00:13:56.959> to 00:13:57.110 --> 00:13:57.120 align:start position:0% dogs you can use it to sell it but to 00:13:57.120 --> 00:13:59.670 align:start position:0% dogs you can use it to sell it but to sell<00:13:57.320> it<00:13:57.480> you<00:13:57.639> sell<00:13:57.880> to<00:13:58.040> the<00:13:58.240> price<00:13:58.600> above 00:13:59.670 --> 00:13:59.680 align:start position:0% sell it you sell to the price above 00:13:59.680 --> 00:14:00.949 align:start position:0% sell it you sell to the price above you<00:13:59.839> buy<00:14:00.079> to<00:14:00.160> the<00:14:00.279> current<00:14:00.560> price<00:14:00.759> and<00:14:00.880> you 00:14:00.949 --> 00:14:00.959 align:start position:0% you buy to the current price and you 00:14:00.959 --> 00:14:08.990 align:start position:0% you buy to the current price and you sell<00:14:01.160> to<00:14:01.279> the<00:14:01.399> price<00:14:01.600> which<00:14:01.720> is<00:14:01.839> just 00:14:08.990 --> 00:14:09.000 align:start position:0% 00:14:09.000 --> 00:14:12.870 align:start position:0% above<00:14:10.000> no<00:14:10.279> you<00:14:10.399> can<00:14:10.560> either<00:14:10.920> buy<00:14:11.160> to<00:14:11.320> the<00:14:11.480> amm 00:14:12.870 --> 00:14:12.880 align:start position:0% above no you can either buy to the amm 00:14:12.880 --> 00:14:17.110 align:start position:0% above no you can either buy to the amm here<00:14:13.880> you<00:14:14.040> either<00:14:14.320> buy<00:14:14.519> to<00:14:14.639> the<00:14:14.759> amm<00:14:15.560> okay<00:14:16.279> or 00:14:17.110 --> 00:14:17.120 align:start position:0% here you either buy to the amm okay or 00:14:17.120 --> 00:14:19.030 align:start position:0% here you either buy to the amm okay or you<00:14:17.320> are<00:14:17.720> minting<00:14:18.120> a<00:14:18.240> complete<00:14:18.560> set<00:14:18.759> so<00:14:18.880> you 00:14:19.030 --> 00:14:19.040 align:start position:0% you are minting a complete set so you 00:14:19.040 --> 00:14:21.069 align:start position:0% you are minting a complete set so you give<00:14:19.279> 100<00:14:19.519> and<00:14:19.639> you<00:14:19.720> get 00:14:21.069 --> 00:14:21.079 align:start position:0% give 100 and you get 00:14:21.079 --> 00:14:25.150 align:start position:0% give 100 and you get both 00:14:25.150 --> 00:14:25.160 align:start position:0% 00:14:25.160 --> 00:14:28.430 align:start position:0% yes<00:14:26.160> if<00:14:26.279> you<00:14:26.440> put<00:14:27.320> 200<00:14:27.600> you<00:14:27.680> will<00:14:27.839> get<00:14:28.040> both<00:14:28.279> of 00:14:28.430 --> 00:14:28.440 align:start position:0% yes if you put 200 you will get both of 00:14:28.440 --> 00:14:31.629 align:start position:0% yes if you put 200 you will get both of those<00:14:28.759> yeah<00:14:29.360> you<00:14:29.639> get<00:14:29.839> both<00:14:30.040> sets<00:14:31.000> why<00:14:31.279> you<00:14:31.440> get 00:14:31.629 --> 00:14:31.639 align:start position:0% those yeah you get both sets why you get 00:14:31.639 --> 00:14:33.629 align:start position:0% those yeah you get both sets why you get both<00:14:31.839> sets<00:14:32.120> if<00:14:32.240> you<00:14:32.360> put 00:14:33.629 --> 00:14:33.639 align:start position:0% both sets if you put 00:14:33.639 --> 00:14:35.790 align:start position:0% both sets if you put 200<00:14:34.639> and<00:14:34.720> then<00:14:34.880> after<00:14:35.079> you<00:14:35.199> can<00:14:35.360> sell<00:14:35.600> it<00:14:35.720> if 00:14:35.790 --> 00:14:35.800 align:start position:0% 200 and then after you can sell it if 00:14:35.800 --> 00:14:38.310 align:start position:0% 200 and then after you can sell it if you<00:14:35.880> want<00:14:36.000> to<00:14:36.160> take<00:14:36.279> a 00:14:38.310 --> 00:14:38.320 align:start position:0% you want to take a 00:14:38.320 --> 00:14:40.470 align:start position:0% you want to take a position<00:14:39.320> no<00:14:39.440> no<00:14:39.560> you<00:14:39.639> can<00:14:39.720> set<00:14:39.959> it<00:14:40.199> here<00:14:40.320> to 00:14:40.470 --> 00:14:40.480 align:start position:0% position no no you can set it here to 00:14:40.480 --> 00:14:44.590 align:start position:0% position no no you can set it here to the<00:14:40.639> amm<00:14:41.040> you<00:14:41.120> can<00:14:41.320> go<00:14:41.480> and<00:14:41.759> set<00:14:42.000> it<00:14:42.600> there<00:14:43.600> yeah 00:14:44.590 --> 00:14:44.600 align:start position:0% the amm you can go and set it there yeah 00:14:44.600 --> 00:14:48.110 align:start position:0% the amm you can go and set it there yeah uh<00:14:44.839> wait<00:14:45.680> here<00:14:46.680> uh<00:14:47.519> you<00:14:47.600> need<00:14:47.720> to<00:14:47.839> be<00:14:47.959> in<00:14:48.040> the 00:14:48.110 --> 00:14:48.120 align:start position:0% uh wait here uh you need to be in the 00:14:48.120 --> 00:14:50.189 align:start position:0% uh wait here uh you need to be in the middle<00:14:48.360> of<00:14:48.480> the<00:14:48.600> Pod<00:14:48.880> it's<00:14:49.000> not<00:14:49.120> going<00:14:49.240> to<00:14:49.360> work 00:14:50.189 --> 00:14:50.199 align:start position:0% middle of the Pod it's not going to work 00:14:50.199 --> 00:14:54.189 align:start position:0% middle of the Pod it's not going to work otherwise<00:14:51.199> go<00:14:51.360> to<00:14:51.480> the<00:14:51.600> middle<00:14:51.880> of<00:14:52.000> the<00:14:52.279> Pod 00:14:54.189 --> 00:14:54.199 align:start position:0% otherwise go to the middle of the Pod 00:14:54.199 --> 00:14:58.350 align:start position:0% otherwise go to the middle of the Pod yeah<00:14:55.199> can<00:14:55.360> can<00:14:55.519> you<00:14:56.519> yeah<00:14:57.199> move<00:14:57.440> move<00:14:57.759> one<00:14:58.120> one 00:14:58.350 --> 00:14:58.360 align:start position:0% yeah can can you yeah move move one one 00:14:58.360 --> 00:15:00.790 align:start position:0% yeah can can you yeah move move one one here<00:14:58.519> can<00:14:58.639> you<00:14:58.800> both<00:14:59.079> move<00:14:59.279> one<00:14:59.440> on<00:14:59.600> the<00:14:59.800> right 00:15:00.790 --> 00:15:00.800 align:start position:0% here can you both move one on the right 00:15:00.800 --> 00:15:09.150 align:start position:0% here can you both move one on the right and<00:15:01.000> and<00:15:01.160> go 00:15:09.150 --> 00:15:09.160 align:start position:0% 00:15:09.160 --> 00:15:13.030 align:start position:0% here<00:15:10.160> so<00:15:10.360> what's<00:15:10.519> happening<00:15:10.920> here<00:15:11.800> are 00:15:13.030 --> 00:15:13.040 align:start position:0% here so what's happening here are 00:15:13.040 --> 00:15:36.430 align:start position:0% here so what's happening here are you<00:15:14.040> okay<00:15:14.279> but<00:15:14.600> still<00:15:14.759> at 00:15:36.430 --> 00:15:36.440 align:start position:0% 00:15:36.440 --> 00:15:39.389 align:start position:0% yeah<00:15:37.160> we're<00:15:37.480> not<00:15:37.959> understanding<00:15:38.880> so<00:15:39.120> are<00:15:39.240> you 00:15:39.389 --> 00:15:39.399 align:start position:0% yeah we're not understanding so are you 00:15:39.399 --> 00:15:42.749 align:start position:0% yeah we're not understanding so are you in<00:15:39.480> a<00:15:39.639> pod<00:15:39.839> where<00:15:40.000> there<00:15:40.079> is<00:15:40.199> a<00:15:40.319> pod 00:15:42.749 --> 00:15:42.759 align:start position:0% 00:15:42.759 --> 00:15:44.949 align:start position:0% leader<00:15:43.759> do<00:15:43.839> you<00:15:43.959> have<00:15:44.079> a<00:15:44.199> pod<00:15:44.360> leader<00:15:44.680> here<00:15:44.800> or 00:15:44.949 --> 00:15:44.959 align:start position:0% leader do you have a pod leader here or 00:15:44.959 --> 00:15:48.389 align:start position:0% leader do you have a pod leader here or not<00:15:46.040> no<00:15:47.040> if<00:15:47.120> you<00:15:47.279> don't<00:15:47.480> have<00:15:47.600> a<00:15:47.759> pod<00:15:47.920> leader<00:15:48.279> go 00:15:48.389 --> 00:15:48.399 align:start position:0% not no if you don't have a pod leader go 00:15:48.399 --> 00:15:51.150 align:start position:0% not no if you don't have a pod leader go to<00:15:48.560> a<00:15:48.680> pod<00:15:48.920> where<00:15:49.040> there<00:15:49.160> is<00:15:49.279> a<00:15:49.440> pod 00:15:51.150 --> 00:15:51.160 align:start position:0% to a pod where there is a pod 00:15:51.160 --> 00:15:53.509 align:start position:0% to a pod where there is a pod leader<00:15:52.160> oh<00:15:52.279> you're<00:15:52.440> the<00:15:52.560> Pod<00:15:52.720> leader<00:15:53.160> okay<00:15:53.279> so 00:15:53.509 --> 00:15:53.519 align:start position:0% leader oh you're the Pod leader okay so 00:15:53.519 --> 00:15:55.749 align:start position:0% leader oh you're the Pod leader okay so yeah<00:15:54.040> are<00:15:54.120> you<00:15:54.240> undering<00:15:54.680> the<00:15:54.839> P<00:15:55.519> can<00:15:55.600> you 00:15:55.749 --> 00:15:55.759 align:start position:0% yeah are you undering the P can you 00:15:55.759 --> 00:16:00.150 align:start position:0% yeah are you undering the P can you please<00:15:56.160> explain<00:15:56.519> this<00:15:56.839> part<00:15:57.839> so<00:15:59.279> we<00:15:59.440> can<00:16:00.000> we 00:16:00.150 --> 00:16:00.160 align:start position:0% please explain this part so we can we 00:16:00.160 --> 00:16:01.949 align:start position:0% please explain this part so we can we can<00:16:00.319> pay 00:16:01.949 --> 00:16:01.959 align:start position:0% can pay 00:16:01.959 --> 00:16:05.030 align:start position:0% can pay 100<00:16:02.959> and<00:16:03.120> one<00:16:03.319> dog<00:16:03.800> if<00:16:03.880> you<00:16:04.079> pay<00:16:04.399> 100<00:16:04.639> you<00:16:04.880> get 00:16:05.030 --> 00:16:05.040 align:start position:0% 100 and one dog if you pay 100 you get 00:16:05.040 --> 00:16:07.389 align:start position:0% 100 and one dog if you pay 100 you get one<00:16:05.240> cat<00:16:05.399> and<00:16:05.560> one<00:16:05.720> dog<00:16:06.040> right<00:16:06.720> all<00:16:07.079> you<00:16:07.199> can 00:16:07.389 --> 00:16:07.399 align:start position:0% one cat and one dog right all you can 00:16:07.399 --> 00:16:08.990 align:start position:0% one cat and one dog right all you can pay<00:16:07.560> to<00:16:07.720> the<00:16:07.839> market<00:16:08.120> maker<00:16:08.480> the<00:16:08.639> current 00:16:08.990 --> 00:16:09.000 align:start position:0% pay to the market maker the current 00:16:09.000 --> 00:16:11.230 align:start position:0% pay to the market maker the current price<00:16:09.600> but<00:16:09.759> you<00:16:09.839> will<00:16:10.000> get<00:16:10.160> only<00:16:10.399> one<00:16:10.600> side<00:16:11.120> and 00:16:11.230 --> 00:16:11.240 align:start position:0% price but you will get only one side and 00:16:11.240 --> 00:16:12.350 align:start position:0% price but you will get only one side and when<00:16:11.399> you<00:16:11.519> do<00:16:11.680> that<00:16:11.800> you're<00:16:11.959> going<00:16:12.040> to<00:16:12.160> move 00:16:12.350 --> 00:16:12.360 align:start position:0% when you do that you're going to move 00:16:12.360 --> 00:16:13.269 align:start position:0% when you do that you're going to move the 00:16:13.269 --> 00:16:13.279 align:start position:0% the 00:16:13.279 --> 00:16:15.990 align:start position:0% the token<00:16:14.279> okay<00:16:14.600> if<00:16:14.720> you<00:16:15.120> buy<00:16:15.360> one<00:16:15.560> cat<00:16:15.800> is<00:16:15.920> going 00:16:15.990 --> 00:16:16.000 align:start position:0% token okay if you buy one cat is going 00:16:16.000 --> 00:16:17.550 align:start position:0% token okay if you buy one cat is going to<00:16:16.120> the<00:16:16.240> next<00:16:16.399> cat<00:16:16.560> is<00:16:16.639> going<00:16:16.720> to<00:16:16.839> cost<00:16:17.040> 60 00:16:17.550 --> 00:16:17.560 align:start position:0% to the next cat is going to cost 60 00:16:17.560 --> 00:16:20.790 align:start position:0% to the next cat is going to cost 60 right<00:16:18.040> do<00:16:18.160> we<00:16:18.319> have<00:16:18.440> to<00:16:19.319> buy<00:16:20.319> you<00:16:20.399> can<00:16:20.560> also 00:16:20.790 --> 00:16:20.800 align:start position:0% right do we have to buy you can also 00:16:20.800 --> 00:16:22.430 align:start position:0% right do we have to buy you can also sell<00:16:21.040> but<00:16:21.160> you<00:16:21.240> sell<00:16:21.440> to<00:16:21.560> the<00:16:21.720> price<00:16:21.959> which<00:16:22.079> is 00:16:22.430 --> 00:16:22.440 align:start position:0% sell but you sell to the price which is 00:16:22.440 --> 00:16:26.790 align:start position:0% sell but you sell to the price which is above<00:16:23.440> and<00:16:23.680> also<00:16:23.880> you<00:16:24.040> move<00:16:24.199> the 00:16:26.790 --> 00:16:26.800 align:start position:0% 00:16:26.800 --> 00:16:29.629 align:start position:0% token<00:16:27.800> have 00:16:29.629 --> 00:16:29.639 align:start position:0% token have 00:16:29.639 --> 00:16:30.749 align:start position:0% token have yeah<00:16:29.759> like<00:16:29.920> the<00:16:30.040> bank<00:16:30.199> is<00:16:30.279> going<00:16:30.399> to<00:16:30.519> give<00:16:30.639> you 00:16:30.749 --> 00:16:30.759 align:start position:0% yeah like the bank is going to give you 00:16:30.759 --> 00:16:31.910 align:start position:0% yeah like the bank is going to give you back<00:16:30.880> the 00:16:31.910 --> 00:16:31.920 align:start position:0% back the 00:16:31.920 --> 00:16:34.990 align:start position:0% back the money<00:16:32.920> the<00:16:33.079> bank<00:16:33.480> can<00:16:33.639> do<00:16:33.839> the<00:16:34.079> you<00:16:34.319> the<00:16:34.440> bank 00:16:34.990 --> 00:16:35.000 align:start position:0% money the bank can do the you the bank 00:16:35.000 --> 00:16:37.870 align:start position:0% money the bank can do the you the bank yes<00:16:35.639> go<00:16:35.920> here<00:16:36.319> and<00:16:36.440> you<00:16:36.519> will<00:16:36.680> give<00:16:36.880> back<00:16:37.040> the 00:16:37.870 --> 00:16:37.880 align:start position:0% yes go here and you will give back the 00:16:37.880 --> 00:16:40.189 align:start position:0% yes go here and you will give back the money<00:16:38.880> so<00:16:39.199> you<00:16:39.440> what<00:16:39.519> do<00:16:39.560> you<00:16:39.639> want<00:16:39.759> to<00:16:39.880> buy<00:16:40.120> you 00:16:40.189 --> 00:16:40.199 align:start position:0% money so you what do you want to buy you 00:16:40.199 --> 00:16:41.949 align:start position:0% money so you what do you want to buy you want<00:16:40.319> to<00:16:40.399> buy<00:16:40.560> a<00:16:40.639> cat<00:16:40.800> or<00:16:40.880> a 00:16:41.949 --> 00:16:41.959 align:start position:0% want to buy a cat or a 00:16:41.959 --> 00:16:45.710 align:start position:0% want to buy a cat or a dog<00:16:42.959> okay<00:16:43.079> let's<00:16:43.440> you<00:16:43.519> want<00:16:43.600> to<00:16:43.720> buy<00:16:43.839> a<00:16:44.360> cat<00:16:45.360> so 00:16:45.710 --> 00:16:45.720 align:start position:0% dog okay let's you want to buy a cat so 00:16:45.720 --> 00:16:46.749 align:start position:0% dog okay let's you want to buy a cat so you<00:16:45.880> give 00:16:46.749 --> 00:16:46.759 align:start position:0% you give 00:16:46.759 --> 00:16:49.710 align:start position:0% you give 100<00:16:47.759> to<00:16:47.920> the<00:16:48.079> bank<00:16:48.519> okay<00:16:48.880> you<00:16:49.000> will<00:16:49.160> get<00:16:49.360> 50 00:16:49.710 --> 00:16:49.720 align:start position:0% 100 to the bank okay you will get 50 00:16:49.720 --> 00:16:51.670 align:start position:0% 100 to the bank okay you will get 50 back<00:16:50.519> and<00:16:50.639> you<00:16:50.720> want<00:16:50.880> it<00:16:51.000> to<00:16:51.079> get<00:16:51.199> a<00:16:51.360> cat<00:16:51.560> and 00:16:51.670 --> 00:16:51.680 align:start position:0% back and you want it to get a cat and 00:16:51.680 --> 00:16:52.990 align:start position:0% back and you want it to get a cat and now<00:16:51.839> it's<00:16:52.000> mve<00:16:52.240> and<00:16:52.360> now<00:16:52.480> the<00:16:52.560> next<00:16:52.759> cat<00:16:52.920> is 00:16:52.990 --> 00:16:53.000 align:start position:0% now it's mve and now the next cat is 00:16:53.000 --> 00:16:57.710 align:start position:0% now it's mve and now the next cat is going<00:16:53.079> to<00:16:53.199> cost 00:16:57.710 --> 00:16:57.720 align:start position:0% 00:16:57.720 --> 00:17:00.110 align:start position:0% 60<00:16:58.720> yes<00:16:58.920> that's<00:16:59.040> not<00:16:59.160> the<00:16:59.279> right<00:16:59.600> cat<00:16:59.880> that's 00:17:00.110 --> 00:17:00.120 align:start position:0% 60 yes that's not the right cat that's 00:17:00.120 --> 00:17:04.270 align:start position:0% 60 yes that's not the right cat that's the<00:17:01.040> yeah<00:17:01.399> the<00:17:01.560> 100<00:17:01.800> cat<00:17:02.079> yeah<00:17:02.839> and<00:17:03.240> this<00:17:03.360> one 00:17:04.270 --> 00:17:04.280 align:start position:0% the yeah the 100 cat yeah and this one 00:17:04.280 --> 00:17:05.990 align:start position:0% the yeah the 100 cat yeah and this one this<00:17:04.400> is<00:17:04.520> the<00:17:04.720> dog<00:17:05.120> yeah<00:17:05.240> and<00:17:05.360> you<00:17:05.439> can<00:17:05.600> buy<00:17:05.799> it 00:17:05.990 --> 00:17:06.000 align:start position:0% this is the dog yeah and you can buy it 00:17:06.000 --> 00:17:09.470 align:start position:0% this is the dog yeah and you can buy it and<00:17:06.120> it's 00:17:09.470 --> 00:17:09.480 align:start position:0% 00:17:09.480 --> 00:17:17.309 align:start position:0% moved<00:17:10.480> it's<00:17:10.640> independent 00:17:17.309 --> 00:17:17.319 align:start position:0% 00:17:17.319 --> 00:17:21.069 align:start position:0% yeah<00:17:18.400> okay<00:17:19.400> what<00:17:20.079> so<00:17:20.319> what<00:17:20.480> what<00:17:20.559> are<00:17:20.679> you<00:17:20.799> do 00:17:21.069 --> 00:17:21.079 align:start position:0% yeah okay what so what what are you do 00:17:21.079 --> 00:17:23.270 align:start position:0% yeah okay what so what what are you do what<00:17:21.160> are<00:17:21.280> you<00:17:21.520> here<00:17:22.079> do<00:17:22.199> you<00:17:22.280> have<00:17:22.400> a<00:17:22.480> p<00:17:22.640> leer 00:17:23.270 --> 00:17:23.280 align:start position:0% what are you here do you have a p leer 00:17:23.280 --> 00:17:26.789 align:start position:0% what are you here do you have a p leer here<00:17:24.280> you<00:17:24.400> don't<00:17:24.600> have<00:17:24.760> AER<00:17:25.400> here<00:17:25.640> right<00:17:26.240> oh<00:17:26.400> no 00:17:26.789 --> 00:17:26.799 align:start position:0% here you don't have AER here right oh no 00:17:26.799 --> 00:17:30.029 align:start position:0% here you don't have AER here right oh no you<00:17:27.039> theer<00:17:27.640> right 00:17:30.029 --> 00:17:30.039 align:start position:0% you theer right 00:17:30.039 --> 00:17:33.310 align:start position:0% you theer right I<00:17:30.160> use 00:17:33.310 --> 00:17:33.320 align:start position:0% 00:17:33.320 --> 00:17:36.710 align:start position:0% a<00:17:34.320> so<00:17:34.640> you<00:17:34.840> have<00:17:35.080> cat<00:17:35.240> and 00:17:36.710 --> 00:17:36.720 align:start position:0% a so you have cat and 00:17:36.720 --> 00:17:39.350 align:start position:0% a so you have cat and dogs<00:17:37.720> we<00:17:37.840> don't<00:17:37.960> have<00:17:38.080> the 00:17:39.350 --> 00:17:39.360 align:start position:0% dogs we don't have the 00:17:39.360 --> 00:17:46.350 align:start position:0% dogs we don't have the we<00:17:40.360> okay<00:17:41.039> so<00:17:41.320> you<00:17:41.480> have<00:17:41.640> opened<00:17:41.960> the<00:17:42.120> box 00:17:46.350 --> 00:17:46.360 align:start position:0% 00:17:46.360 --> 00:17:52.950 align:start position:0% a<00:17:47.360> you<00:17:47.520> gave<00:17:47.679> the<00:17:47.840> Box<00:17:48.160> a 00:17:52.950 --> 00:17:52.960 align:start position:0% 00:17:52.960 --> 00:17:55.230 align:start position:0% there<00:17:53.960> no<00:17:54.080> so<00:17:54.280> you<00:17:54.400> have<00:17:54.640> the<00:17:54.840> the<00:17:54.960> cat<00:17:55.120> and 00:17:55.230 --> 00:17:55.240 align:start position:0% there no so you have the the cat and 00:17:55.240 --> 00:18:00.190 align:start position:0% there no so you have the the cat and dogs<00:17:55.520> over<00:17:55.720> there 00:18:00.190 --> 00:18:00.200 align:start position:0% 00:18:00.200 --> 00:18:01.909 align:start position:0% so<00:18:00.600> what<00:18:00.760> have<00:18:01.080> what<00:18:01.200> have<00:18:01.280> you<00:18:01.400> done<00:18:01.640> like<00:18:01.799> you 00:18:01.909 --> 00:18:01.919 align:start position:0% so what have what have you done like you 00:18:01.919 --> 00:18:03.350 align:start position:0% so what have what have you done like you you<00:18:02.000> split<00:18:02.320> into<00:18:02.520> how<00:18:02.600> many<00:18:02.840> pods<00:18:03.120> here<00:18:03.280> are 00:18:03.350 --> 00:18:03.360 align:start position:0% you split into how many pods here are 00:18:03.360 --> 00:18:06.909 align:start position:0% you split into how many pods here are you<00:18:03.559> many<00:18:03.760> how<00:18:03.880> many 00:18:06.909 --> 00:18:06.919 align:start position:0% 00:18:06.919 --> 00:18:16.630 align:start position:0% pod<00:18:07.919> yeah<00:18:08.360> just<00:18:08.559> do<00:18:09.080> one<00:18:09.440> pod<00:18:10.000> uh<00:18:10.520> like<00:18:10.799> we 00:18:16.630 --> 00:18:16.640 align:start position:0% 00:18:16.640 --> 00:18:24.149 align:start position:0% do<00:18:17.640> they<00:18:17.760> have<00:18:17.880> no 00:18:24.149 --> 00:18:24.159 align:start position:0% 00:18:24.159 --> 00:18:28.029 align:start position:0% leader<00:18:25.159> they<00:18:25.280> have<00:18:25.400> no<00:18:26.080> none<00:18:26.240> of<00:18:26.440> these<00:18:27.039> three 00:18:28.029 --> 00:18:28.039 align:start position:0% leader they have no none of these three 00:18:28.039 --> 00:18:31.149 align:start position:0% leader they have no none of these three so<00:18:28.200> can<00:18:28.280> you<00:18:28.360> do<00:18:28.480> a<00:18:29.120> can<00:18:29.200> you<00:18:29.280> do 00:18:31.149 --> 00:18:31.159 align:start position:0% so can you do a can you do 00:18:31.159 --> 00:18:34.750 align:start position:0% so can you do a can you do there<00:18:32.159> all<00:18:33.159> different<00:18:33.520> place<00:18:34.240> why<00:18:34.320> do<00:18:34.440> we<00:18:34.559> have 00:18:34.750 --> 00:18:34.760 align:start position:0% there all different place why do we have 00:18:34.760 --> 00:18:37.029 align:start position:0% there all different place why do we have three<00:18:35.039> things<00:18:35.320> here<00:18:35.559> what<00:18:35.640> is<00:18:35.840> that<00:18:36.760> why<00:18:36.919> is 00:18:37.029 --> 00:18:37.039 align:start position:0% three things here what is that why is 00:18:37.039 --> 00:18:38.360 align:start position:0% three things here what is that why is that<00:18:37.280> this<00:18:37.760> this<00:18:37.919> is 00:18:38.360 --> 00:18:38.370 align:start position:0% that this this is 00:18:38.370 --> 00:18:51.510 align:start position:0% that this this is [Music] 00:18:51.510 --> 00:18:51.520 align:start position:0% 00:18:51.520 --> 00:18:54.390 align:start position:0% not<00:18:52.520> should<00:18:52.720> go<00:18:52.919> down<00:18:53.200> by<00:18:53.400> how<00:18:53.600> much<00:18:54.039> what<00:18:54.159> you 00:18:54.390 --> 00:18:54.400 align:start position:0% not should go down by how much what you 00:18:54.400 --> 00:18:59.110 align:start position:0% not should go down by how much what you put<00:18:54.760> in<00:18:55.760> was<00:18:56.840> effective<00:18:57.840> possible<00:18:58.240> to<00:18:58.799> buy<00:18:58.960> or 00:18:59.110 --> 00:18:59.120 align:start position:0% put in was effective possible to buy or 00:18:59.120 --> 00:19:02.430 align:start position:0% put in was effective possible to buy or sale<00:18:59.480> more<00:18:59.679> than<00:18:59.880> one<00:19:00.240> no<00:19:01.039> one<00:19:01.240> by<00:19:01.400> one<00:19:02.080> one<00:19:02.280> by 00:19:02.430 --> 00:19:02.440 align:start position:0% sale more than one no one by one one by 00:19:02.440 --> 00:19:05.029 align:start position:0% sale more than one no one by one one by one<00:19:02.640> yeah<00:19:03.360> prediction 00:19:05.029 --> 00:19:05.039 align:start position:0% one yeah prediction 00:19:05.039 --> 00:19:06.909 align:start position:0% one yeah prediction Market<00:19:06.039> but<00:19:06.159> that's<00:19:06.280> going<00:19:06.400> to<00:19:06.480> be<00:19:06.559> hard<00:19:06.799> to 00:19:06.909 --> 00:19:06.919 align:start position:0% Market but that's going to be hard to 00:19:06.919 --> 00:19:09.149 align:start position:0% Market but that's going to be hard to get<00:19:07.080> if<00:19:07.200> you<00:19:07.919> now<00:19:08.200> like<00:19:08.320> it's<00:19:08.480> already<00:19:09.039> way 00:19:09.149 --> 00:19:09.159 align:start position:0% get if you now like it's already way 00:19:09.159 --> 00:19:10.750 align:start position:0% get if you now like it's already way more<00:19:09.320> people<00:19:09.520> than<00:19:09.679> expected<00:19:10.000> so<00:19:10.159> I<00:19:10.240> can't<00:19:10.600> get 00:19:10.750 --> 00:19:10.760 align:start position:0% more people than expected so I can't get 00:19:10.760 --> 00:19:13.510 align:start position:0% more people than expected so I can't get anyone<00:19:11.320> in 00:19:13.510 --> 00:19:13.520 align:start position:0% anyone in 00:19:13.520 --> 00:19:16.630 align:start position:0% anyone in sorry<00:19:14.600> yeah<00:19:15.600> does<00:19:15.760> the<00:19:15.880> price<00:19:16.080> of<00:19:16.200> one<00:19:16.360> token 00:19:16.630 --> 00:19:16.640 align:start position:0% sorry yeah does the price of one token 00:19:16.640 --> 00:19:31.470 align:start position:0% sorry yeah does the price of one token influence<00:19:17.080> the<00:19:17.200> other<00:19:17.559> no<00:19:18.039> no 00:19:31.470 --> 00:19:31.480 align:start position:0% 00:19:31.480 --> 00:19:33.590 align:start position:0% so<00:19:31.799> you<00:19:32.080> what<00:19:32.200> you<00:19:32.320> can<00:19:32.480> also<00:19:32.720> do<00:19:32.960> you<00:19:33.080> can<00:19:33.240> give 00:19:33.590 --> 00:19:33.600 align:start position:0% so you what you can also do you can give 00:19:33.600 --> 00:19:37.070 align:start position:0% so you what you can also do you can give 100<00:19:34.159> and<00:19:34.360> get<00:19:34.679> a<00:19:34.840> set<00:19:35.039> of<00:19:35.200> B 00:19:37.070 --> 00:19:37.080 align:start position:0% 100 and get a set of B 00:19:37.080 --> 00:19:39.070 align:start position:0% 100 and get a set of B tokens 00:19:39.070 --> 00:19:39.080 align:start position:0% tokens 00:19:39.080 --> 00:19:41.390 align:start position:0% tokens yeah<00:19:40.080> so<00:19:40.200> if<00:19:40.280> you<00:19:40.360> want<00:19:40.559> you<00:19:40.640> can<00:19:40.799> give<00:19:41.039> 100<00:19:41.280> to 00:19:41.390 --> 00:19:41.400 align:start position:0% yeah so if you want you can give 100 to 00:19:41.400 --> 00:19:44.990 align:start position:0% yeah so if you want you can give 100 to the<00:19:41.559> bank<00:19:42.280> and<00:19:42.440> get<00:19:42.720> both<00:19:43.200> cat<00:19:43.440> and<00:19:43.880> dogs<00:19:44.880> that 00:19:44.990 --> 00:19:45.000 align:start position:0% the bank and get both cat and dogs that 00:19:45.000 --> 00:19:47.190 align:start position:0% the bank and get both cat and dogs that can<00:19:45.120> be<00:19:45.240> useful<00:19:45.559> if<00:19:45.640> you<00:19:45.720> want<00:19:45.840> to<00:19:45.960> sell<00:19:46.200> them 00:19:47.190 --> 00:19:47.200 align:start position:0% can be useful if you want to sell them 00:19:47.200 --> 00:19:48.590 align:start position:0% can be useful if you want to sell them because<00:19:47.520> here<00:19:47.760> the<00:19:47.880> price<00:19:48.120> of<00:19:48.240> both<00:19:48.440> are 00:19:48.590 --> 00:19:48.600 align:start position:0% because here the price of both are 00:19:48.600 --> 00:19:51.750 align:start position:0% because here the price of both are increasing<00:19:49.360> so<00:19:49.520> you<00:19:49.640> can<00:19:49.880> get<00:19:50.000> some<00:19:50.240> profit<00:19:50.760> by 00:19:51.750 --> 00:19:51.760 align:start position:0% increasing so you can get some profit by 00:19:51.760 --> 00:19:54.190 align:start position:0% increasing so you can get some profit by giving<00:19:52.080> a<00:19:52.799> getting<00:19:53.080> both<00:19:53.240> a<00:19:53.400> cat<00:19:53.520> and<00:19:53.640> a<00:19:53.760> dog 00:19:54.190 --> 00:19:54.200 align:start position:0% giving a getting both a cat and a dog 00:19:54.200 --> 00:19:59.470 align:start position:0% giving a getting both a cat and a dog and<00:19:54.360> selling<00:19:54.720> both<00:19:55.400> yeah 00:19:59.470 --> 00:19:59.480 align:start position:0% 00:19:59.480 --> 00:20:02.909 align:start position:0% is<00:19:59.600> that<00:19:59.840> correct 00:20:02.909 --> 00:20:02.919 align:start position:0% 00:20:02.919 --> 00:20:15.510 align:start position:0% yeah<00:20:03.919> so<00:20:04.400> here<00:20:04.600> there<00:20:04.720> is<00:20:04.919> nothing 00:20:15.510 --> 00:20:15.520 align:start position:0% 00:20:15.520 --> 00:20:17.710 align:start position:0% right<00:20:16.520> yeah<00:20:16.640> you<00:20:16.720> set<00:20:16.919> it<00:20:17.000> to<00:20:17.080> the<00:20:17.200> price<00:20:17.520> just 00:20:17.710 --> 00:20:17.720 align:start position:0% right yeah you set it to the price just 00:20:17.720 --> 00:20:21.590 align:start position:0% right yeah you set it to the price just up<00:20:18.120> yeah<00:20:18.679> and<00:20:18.799> you're<00:20:19.000> moving<00:20:19.280> the 00:20:21.590 --> 00:20:21.600 align:start position:0% 00:20:21.600 --> 00:20:25.430 align:start position:0% price<00:20:22.600> you<00:20:22.720> sell<00:20:23.000> both<00:20:23.600> yeah<00:20:23.799> and<00:20:23.960> so<00:20:24.880> you<00:20:25.039> pay 00:20:25.430 --> 00:20:25.440 align:start position:0% price you sell both yeah and so you pay 00:20:25.440 --> 00:20:34.630 align:start position:0% price you sell both yeah and so you pay 100<00:20:25.960> and<00:20:26.120> you<00:20:26.280> got<00:20:26.919> one<00:20:27.919> 14<00:20:28.240> so<00:20:28.360> you<00:20:28.480> got<00:20:28.919> 40<00:20:29.360> of 00:20:34.630 --> 00:20:34.640 align:start position:0% 00:20:34.640 --> 00:20:37.830 align:start position:0% profit<00:20:35.640> so<00:20:36.000> it's<00:20:36.200> not<00:20:36.440> buying<00:20:37.039> it's<00:20:37.200> a<00:20:37.360> minting 00:20:37.830 --> 00:20:37.840 align:start position:0% profit so it's not buying it's a minting 00:20:37.840 --> 00:20:43.750 align:start position:0% profit so it's not buying it's a minting so<00:20:38.000> you<00:20:38.080> are<00:20:38.240> minting<00:20:38.640> complete 00:20:43.750 --> 00:20:43.760 align:start position:0% 00:20:43.760 --> 00:20:48.149 align:start position:0% set<00:20:44.960> yeah<00:20:45.960> for<00:20:46.280> 100<00:20:46.520> you<00:20:46.640> get 00:20:48.149 --> 00:20:48.159 align:start position:0% set yeah for 100 you get 00:20:48.159 --> 00:21:18.750 align:start position:0% set yeah for 100 you get both<00:20:49.159> no<00:20:49.280> matter<00:20:49.520> what<00:20:49.679> the<00:20:49.840> price<00:20:50.159> yeah 00:21:18.750 --> 00:21:18.760 align:start position:0% 00:21:18.760 --> 00:21:20.590 align:start position:0% so<00:21:18.960> do<00:21:19.039> you<00:21:19.120> have<00:21:19.240> the<00:21:19.559> leader 00:21:20.590 --> 00:21:20.600 align:start position:0% so do you have the leader 00:21:20.600 --> 00:21:23.830 align:start position:0% so do you have the leader here<00:21:21.600> and<00:21:21.760> that's<00:21:21.960> the<00:21:22.120> current<00:21:22.760> uh<00:21:23.159> okay<00:21:23.720> and 00:21:23.830 --> 00:21:23.840 align:start position:0% here and that's the current uh okay and 00:21:23.840 --> 00:21:26.590 align:start position:0% here and that's the current uh okay and it's<00:21:24.320> it's<00:21:24.440> back<00:21:24.600> to<00:21:24.720> 50/50<00:21:25.400> right<00:21:26.039> it<00:21:26.159> moved 00:21:26.590 --> 00:21:26.600 align:start position:0% it's it's back to 50/50 right it moved 00:21:26.600 --> 00:21:34.110 align:start position:0% it's it's back to 50/50 right it moved up<00:21:26.760> and<00:21:26.919> down<00:21:27.120> it's<00:21:27.279> back<00:21:27.400> to<00:21:27.520> 5050<00:21:28.240> okay 00:21:34.110 --> 00:21:34.120 align:start position:0% 00:21:34.120 --> 00:21:36.669 align:start position:0% okay<00:21:34.760> why<00:21:34.840> is<00:21:34.919> the<00:21:35.039> price 00:21:36.669 --> 00:21:36.679 align:start position:0% okay why is the price 00:21:36.679 --> 00:21:39.230 align:start position:0% okay why is the price t50<00:21:37.679> did<00:21:37.799> you 00:21:39.230 --> 00:21:39.240 align:start position:0% t50 did you 00:21:39.240 --> 00:21:41.110 align:start position:0% t50 did you do<00:21:40.240> okay 00:21:41.110 --> 00:21:41.120 align:start position:0% do okay 00:21:41.120 --> 00:21:44.990 align:start position:0% do okay okay<00:21:42.120> okay<00:21:43.159> so<00:21:44.159> what<00:21:44.360> what<00:21:44.559> do<00:21:44.640> you<00:21:44.720> want<00:21:44.840> to 00:21:44.990 --> 00:21:45.000 align:start position:0% okay okay so what what do you want to 00:21:45.000 --> 00:21:47.990 align:start position:0% okay okay so what what do you want to buy<00:21:45.279> cat<00:21:45.559> or<00:21:46.279> dogs 00:21:47.990 --> 00:21:48.000 align:start position:0% buy cat or dogs 00:21:48.000 --> 00:21:51.029 align:start position:0% buy cat or dogs I<00:21:49.000> you<00:21:49.120> want<00:21:49.240> to<00:21:49.360> buy<00:21:49.520> dogs 00:21:51.029 --> 00:21:51.039 align:start position:0% I you want to buy dogs 00:21:51.039 --> 00:21:52.669 align:start position:0% I you want to buy dogs right 00:21:52.669 --> 00:21:52.679 align:start position:0% right 00:21:52.679 --> 00:21:56.789 align:start position:0% right so<00:21:53.679> where<00:21:53.799> are<00:21:53.960> your 00:21:56.789 --> 00:21:56.799 align:start position:0% 00:21:56.799 --> 00:22:04.630 align:start position:0% tokens<00:21:57.799> where<00:21:57.960> are<00:21:58.200> this 00:22:04.630 --> 00:22:04.640 align:start position:0% 00:22:04.640 --> 00:22:08.390 align:start position:0% so<00:22:05.640> and<00:22:05.880> where<00:22:05.960> are<00:22:06.120> the<00:22:06.400> cats<00:22:07.400> where<00:22:07.640> the 00:22:08.390 --> 00:22:08.400 align:start position:0% so and where are the cats where the 00:22:08.400 --> 00:22:12.630 align:start position:0% so and where are the cats where the cats<00:22:09.400> uh<00:22:10.200> over<00:22:10.840> there<00:22:11.840> why<00:22:11.960> has<00:22:12.120> the<00:22:12.200> cats<00:22:12.440> over 00:22:12.630 --> 00:22:12.640 align:start position:0% cats uh over there why has the cats over 00:22:12.640 --> 00:22:15.029 align:start position:0% cats uh over there why has the cats over there<00:22:12.799> like<00:22:13.080> are<00:22:13.200> you<00:22:13.679> okay<00:22:14.200> you<00:22:14.320> got<00:22:14.480> no<00:22:14.600> one 00:22:15.029 --> 00:22:15.039 align:start position:0% there like are you okay you got no one 00:22:15.039 --> 00:22:17.029 align:start position:0% there like are you okay you got no one oh<00:22:15.320> I<00:22:15.480> I<00:22:15.559> got<00:22:15.679> the<00:22:15.799> one<00:22:16.159> understand<00:22:16.400> so<00:22:16.679> the 00:22:17.029 --> 00:22:17.039 align:start position:0% oh I I got the one understand so the 00:22:17.039 --> 00:22:19.830 align:start position:0% oh I I got the one understand so the here<00:22:17.200> is<00:22:17.320> the<00:22:17.480> C<00:22:17.760> is<00:22:17.880> a<00:22:18.080> cat<00:22:18.240> and<00:22:18.400> dog<00:22:18.720> right<00:22:19.200> yes 00:22:19.830 --> 00:22:19.840 align:start position:0% here is the C is a cat and dog right yes 00:22:19.840 --> 00:22:30.190 align:start position:0% here is the C is a cat and dog right yes oh<00:22:20.159> okay 00:22:30.190 --> 00:22:30.200 align:start position:0% 00:22:30.200 --> 00:22:31.710 align:start position:0% because<00:22:30.480> this<00:22:30.640> C<00:22:30.840> is<00:22:31.039> both<00:22:31.279> like<00:22:31.440> there's<00:22:31.600> a 00:22:31.710 --> 00:22:31.720 align:start position:0% because this C is both like there's a 00:22:31.720 --> 00:22:34.390 align:start position:0% because this C is both like there's a two<00:22:31.840> category<00:22:32.240> inside<00:22:32.679> and<00:22:32.760> the<00:22:32.919> dog<00:22:33.880> yeah<00:22:34.240> so 00:22:34.390 --> 00:22:34.400 align:start position:0% two category inside and the dog yeah so 00:22:34.400 --> 00:22:39.870 align:start position:0% two category inside and the dog yeah so we<00:22:34.520> didn't<00:22:34.720> know<00:22:34.960> this<00:22:35.240> C<00:22:35.520> have<00:22:35.640> to 00:22:39.870 --> 00:22:39.880 align:start position:0% 00:22:39.880 --> 00:22:44.310 align:start position:0% become<00:22:40.880> so 00:22:44.310 --> 00:22:44.320 align:start position:0% 00:22:44.320 --> 00:22:47.190 align:start position:0% going<00:22:45.320> just<00:22:45.520> merge<00:22:45.840> the<00:22:46.000> Pod<00:22:46.320> like<00:22:46.600> just<00:22:46.919> go 00:22:47.190 --> 00:22:47.200 align:start position:0% going just merge the Pod like just go 00:22:47.200 --> 00:22:48.909 align:start position:0% going just merge the Pod like just go all<00:22:47.480> around<00:22:47.799> in<00:22:47.919> the<00:22:48.000> middle<00:22:48.279> and<00:22:48.400> merge<00:22:48.640> your 00:22:48.909 --> 00:22:48.919 align:start position:0% all around in the middle and merge your 00:22:48.919 --> 00:22:51.950 align:start position:0% all around in the middle and merge your pod<00:22:49.919> do<00:22:50.120> only<00:22:50.320> one<00:22:50.520> pod<00:22:50.960> you<00:22:51.440> you<00:22:51.600> only<00:22:51.760> have 00:22:51.950 --> 00:22:51.960 align:start position:0% pod do only one pod you you only have 00:22:51.960 --> 00:22:53.510 align:start position:0% pod do only one pod you you only have like<00:22:52.120> one<00:22:52.320> set<00:22:52.520> of<00:22:52.679> card<00:22:52.919> do<00:22:53.080> only<00:22:53.240> it's<00:22:53.360> only 00:22:53.510 --> 00:22:53.520 align:start position:0% like one set of card do only it's only 00:22:53.520 --> 00:22:56.310 align:start position:0% like one set of card do only it's only one<00:22:53.720> p<00:22:54.360> yeah<00:22:54.720> okay 00:22:56.310 --> 00:22:56.320 align:start position:0% one p yeah okay 00:22:56.320 --> 00:22:59.430 align:start position:0% one p yeah okay so<00:22:57.320> everyone<00:22:57.799> move<00:22:58.240> to<00:22:58.760> the<00:22:58.840> center<00:22:59.159> to<00:22:59.279> make 00:22:59.430 --> 00:22:59.440 align:start position:0% so everyone move to the center to make 00:22:59.440 --> 00:23:04.630 align:start position:0% so everyone move to the center to make your 00:23:04.630 --> 00:23:04.640 align:start position:0% 00:23:04.640 --> 00:23:07.669 align:start position:0% P<00:23:05.640> put<00:23:05.840> this<00:23:06.000> in<00:23:06.120> the<00:23:06.240> center<00:23:06.960> so<00:23:07.120> the<00:23:07.440> you<00:23:07.559> need 00:23:07.669 --> 00:23:07.679 align:start position:0% P put this in the center so the you need 00:23:07.679 --> 00:23:08.990 align:start position:0% P put this in the center so the you need a 00:23:08.990 --> 00:23:09.000 align:start position:0% a 00:23:09.000 --> 00:23:11.630 align:start position:0% a ship<00:23:10.000> put<00:23:10.240> this<00:23:10.480> here<00:23:10.799> okay<00:23:11.039> the<00:23:11.360> you<00:23:11.480> need 00:23:11.630 --> 00:23:11.640 align:start position:0% ship put this here okay the you need 00:23:11.640 --> 00:23:14.470 align:start position:0% ship put this here okay the you need this<00:23:12.200> ship<00:23:13.200> you<00:23:13.360> have<00:23:13.480> your<00:23:13.600> ship<00:23:14.000> right<00:23:14.240> yeah 00:23:14.470 --> 00:23:14.480 align:start position:0% this ship you have your ship right yeah 00:23:14.480 --> 00:23:16.470 align:start position:0% this ship you have your ship right yeah 5<00:23:15.120> so<00:23:15.279> now<00:23:15.440> you<00:23:15.520> can<00:23:15.679> buy<00:23:15.919> cats<00:23:16.159> and<00:23:16.279> you<00:23:16.360> can 00:23:16.470 --> 00:23:16.480 align:start position:0% 5 so now you can buy cats and you can 00:23:16.480 --> 00:23:25.710 align:start position:0% 5 so now you can buy cats and you can buy<00:23:16.679> dogs<00:23:17.559> so<00:23:17.919> have<00:23:18.080> to<00:23:18.400> seate<00:23:18.919> the 00:23:25.710 --> 00:23:25.720 align:start position:0% 00:23:25.720 --> 00:23:28.669 align:start position:0% C<00:23:26.720> so<00:23:26.880> you<00:23:27.000> have<00:23:27.159> the<00:23:27.279> bank<00:23:27.600> right<00:23:28.520> do<00:23:28.600> you 00:23:28.669 --> 00:23:28.679 align:start position:0% C so you have the bank right do you 00:23:28.679 --> 00:23:30.470 align:start position:0% C so you have the bank right do you think<00:23:28.799> you<00:23:28.840> can<00:23:28.960> under<00:23:29.200> the<00:23:29.360> Pod<00:23:30.000> huh<00:23:30.240> you<00:23:30.360> can 00:23:30.470 --> 00:23:30.480 align:start position:0% think you can under the Pod huh you can 00:23:30.480 --> 00:23:34.590 align:start position:0% think you can under the Pod huh you can under<00:23:30.760> the<00:23:30.960> Pod<00:23:31.960> under<00:23:32.440> you<00:23:32.520> can<00:23:32.640> under<00:23:33.000> the 00:23:34.590 --> 00:23:34.600 align:start position:0% under the Pod under you can under the 00:23:34.600 --> 00:23:38.909 align:start position:0% under the Pod under you can under the Pod<00:23:36.000> how<00:23:37.000> so<00:23:37.760> you<00:23:37.919> are<00:23:38.039> playing<00:23:38.320> the<00:23:38.480> bank 00:23:38.909 --> 00:23:38.919 align:start position:0% Pod how so you are playing the bank 00:23:38.919 --> 00:23:41.830 align:start position:0% Pod how so you are playing the bank right<00:23:39.400> okay<00:23:39.720> so<00:23:40.000> if<00:23:40.080> you<00:23:40.200> are<00:23:40.440> there<00:23:40.640> please<00:23:40.880> go 00:23:41.830 --> 00:23:41.840 align:start position:0% right okay so if you are there please go 00:23:41.840 --> 00:23:44.190 align:start position:0% right okay so if you are there please go closer<00:23:42.840> if<00:23:42.960> you<00:23:43.080> are<00:23:43.279> there<00:23:43.480> please<00:23:43.679> go<00:23:43.799> closer 00:23:44.190 --> 00:23:44.200 align:start position:0% closer if you are there please go closer 00:23:44.200 --> 00:23:51.830 align:start position:0% closer if you are there please go closer this<00:23:44.400> pod<00:23:44.600> does<00:23:44.760> not<00:23:44.960> exist<00:23:45.279> this<00:23:45.400> is<00:23:45.520> a 00:23:51.830 --> 00:23:51.840 align:start position:0% 00:23:51.840 --> 00:23:54.110 align:start position:0% p 00:23:54.110 --> 00:23:54.120 align:start position:0% p 00:23:54.120 --> 00:23:56.269 align:start position:0% p so<00:23:55.120> you<00:23:55.240> want<00:23:55.440> to 00:23:56.269 --> 00:23:56.279 align:start position:0% so you want to 00:23:56.279 --> 00:23:58.990 align:start position:0% so you want to buy<00:23:57.279> uh<00:23:57.640> can<00:23:58.279> okay<00:23:58.440> okay<00:23:58.520> so<00:23:58.640> if<00:23:58.720> you<00:23:58.799> want<00:23:58.919> to 00:23:58.990 --> 00:23:59.000 align:start position:0% buy uh can okay okay so if you want to 00:23:59.000 --> 00:24:06.590 align:start position:0% buy uh can okay okay so if you want to buy<00:23:59.279> cat<00:24:00.240> where<00:24:00.360> are<00:24:00.520> the<00:24:00.760> cats 00:24:06.590 --> 00:24:06.600 align:start position:0% 00:24:06.600 --> 00:24:08.950 align:start position:0% here 00:24:08.950 --> 00:24:08.960 align:start position:0% here 00:24:08.960 --> 00:24:13.950 align:start position:0% here 50<00:24:09.960> 50<00:24:10.640> you<00:24:11.000> 100<00:24:11.480> right<00:24:12.320> you<00:24:12.520> get<00:24:12.679> 50<00:24:13.080> back<00:24:13.840> and 00:24:13.950 --> 00:24:13.960 align:start position:0% 50 50 you 100 right you get 50 back and 00:24:13.960 --> 00:24:15.830 align:start position:0% 50 50 you 100 right you get 50 back and you<00:24:14.039> get<00:24:14.400> cat<00:24:14.960> and<00:24:15.120> then<00:24:15.279> the<00:24:15.440> price<00:24:15.600> of<00:24:15.720> the 00:24:15.830 --> 00:24:15.840 align:start position:0% you get cat and then the price of the 00:24:15.840 --> 00:24:17.590 align:start position:0% you get cat and then the price of the cat<00:24:16.039> is 00:24:17.590 --> 00:24:17.600 align:start position:0% cat is 00:24:17.600 --> 00:24:22.149 align:start position:0% cat is increasing 00:24:22.149 --> 00:24:22.159 align:start position:0% 00:24:22.159 --> 00:24:24.710 align:start position:0% okay<00:24:23.159> everybody<00:24:23.799> everybody<00:24:24.200> can<00:24:24.320> do<00:24:24.480> the<00:24:24.600> same 00:24:24.710 --> 00:24:24.720 align:start position:0% okay everybody everybody can do the same 00:24:24.720 --> 00:24:27.070 align:start position:0% okay everybody everybody can do the same thing<00:24:24.960> and<00:24:25.120> get<00:24:25.279> tokens<00:24:25.679> of<00:24:25.880> cats<00:24:26.039> or 00:24:27.070 --> 00:24:27.080 align:start position:0% thing and get tokens of cats or 00:24:27.080 --> 00:24:30.110 align:start position:0% thing and get tokens of cats or dogs<00:24:28.080> okay<00:24:28.440> so<00:24:28.760> right<00:24:28.880> now<00:24:29.039> if<00:24:29.240> 60<00:24:29.720> if<00:24:29.840> you<00:24:29.960> want 00:24:30.110 --> 00:24:30.120 align:start position:0% dogs okay so right now if 60 if you want 00:24:30.120 --> 00:24:32.510 align:start position:0% dogs okay so right now if 60 if you want to<00:24:30.360> buy<00:24:30.720> buy<00:24:30.960> cat<00:24:31.279> I<00:24:31.360> have<00:24:31.480> to<00:24:31.640> pay<00:24:31.799> 60<00:24:32.240> right<00:24:32.399> no 00:24:32.510 --> 00:24:32.520 align:start position:0% to buy buy cat I have to pay 60 right no 00:24:32.520 --> 00:24:34.190 align:start position:0% to buy buy cat I have to pay 60 right no you<00:24:32.600> have<00:24:32.679> to<00:24:32.799> pay<00:24:32.960> 60<00:24:33.240> to<00:24:33.360> buy<00:24:33.480> a<00:24:33.640> cat<00:24:34.039> then 00:24:34.190 --> 00:24:34.200 align:start position:0% you have to pay 60 to buy a cat then 00:24:34.200 --> 00:24:37.149 align:start position:0% you have to pay 60 to buy a cat then going<00:24:34.360> to<00:24:34.840> 7<00:24:35.840> and<00:24:35.919> it's<00:24:36.039> going<00:24:36.159> to<00:24:36.240> go<00:24:36.360> to<00:24:36.480> 7<00:24:36.840> yes 00:24:37.149 --> 00:24:37.159 align:start position:0% going to 7 and it's going to go to 7 yes 00:24:37.159 --> 00:24:38.950 align:start position:0% going to 7 and it's going to go to 7 yes this<00:24:37.279> doesn't<00:24:37.559> move<00:24:37.960> this<00:24:38.120> doesn't<00:24:38.360> move<00:24:38.600> no 00:24:38.950 --> 00:24:38.960 align:start position:0% this doesn't move this doesn't move no 00:24:38.960 --> 00:24:41.310 align:start position:0% this doesn't move this doesn't move no but<00:24:39.120> what<00:24:39.240> you<00:24:39.320> can<00:24:39.480> do<00:24:39.679> at<00:24:39.880> any<00:24:40.159> time<00:24:40.880> is<00:24:41.200> you 00:24:41.310 --> 00:24:41.320 align:start position:0% but what you can do at any time is you 00:24:41.320 --> 00:24:43.310 align:start position:0% but what you can do at any time is you can<00:24:41.480> pay<00:24:41.760> 100<00:24:42.039> to<00:24:42.159> get<00:24:42.320> a<00:24:42.440> set<00:24:42.640> of<00:24:42.799> both<00:24:43.120> cats 00:24:43.310 --> 00:24:43.320 align:start position:0% can pay 100 to get a set of both cats 00:24:43.320 --> 00:24:46.430 align:start position:0% can pay 100 to get a set of both cats and<00:24:43.440> dogs<00:24:44.200> okay<00:24:45.200> this<00:24:45.279> is<00:24:45.559> first<00:24:45.919> round<00:24:46.320> this 00:24:46.430 --> 00:24:46.440 align:start position:0% and dogs okay this is first round this 00:24:46.440 --> 00:24:49.190 align:start position:0% and dogs okay this is first round this is<00:24:46.960> only<00:24:47.760> only<00:24:48.000> one<00:24:48.240> card<00:24:48.600> no<00:24:48.720> matter<00:24:48.919> how<00:24:49.080> much 00:24:49.190 --> 00:24:49.200 align:start position:0% is only only one card no matter how much 00:24:49.200 --> 00:24:51.149 align:start position:0% is only only one card no matter how much I<00:24:49.360> buy<00:24:49.520> also<00:24:49.720> one<00:24:49.919> card<00:24:50.440> how<00:24:50.559> much<00:24:50.799> what<00:24:51.000> no 00:24:51.149 --> 00:24:51.159 align:start position:0% I buy also one card how much what no 00:24:51.159 --> 00:24:53.590 align:start position:0% I buy also one card how much what no matter<00:24:51.440> how<00:24:51.559> much<00:24:51.760> I<00:24:51.919> bought<00:24:52.200> also<00:24:52.640> one<00:24:53.480> you 00:24:53.590 --> 00:24:53.600 align:start position:0% matter how much I bought also one you 00:24:53.600 --> 00:24:56.590 align:start position:0% matter how much I bought also one you will<00:24:53.760> get<00:24:54.039> 100<00:24:54.320> if<00:24:54.440> it's<00:24:54.559> a 00:24:56.590 --> 00:24:56.600 align:start position:0% will get 100 if it's a 00:24:56.600 --> 00:25:04.269 align:start position:0% will get 100 if it's a cat<00:24:57.600> no<00:24:58.000> uh<00:24:58.159> if<00:24:58.480> a<00:24:58.640> cat<00:24:58.880> you<00:24:58.960> will<00:24:59.120> get<00:24:59.640> 100<00:25:00.640> oh 00:25:04.269 --> 00:25:04.279 align:start position:0% 00:25:04.279 --> 00:25:08.590 align:start position:0% okay<00:25:05.360> so<00:25:06.360> to<00:25:06.600> buy<00:25:07.320> you<00:25:07.440> have<00:25:07.559> to<00:25:07.720> buy<00:25:07.880> 60<00:25:08.520> and 00:25:08.590 --> 00:25:08.600 align:start position:0% okay so to buy you have to buy 60 and 00:25:08.600 --> 00:25:10.470 align:start position:0% okay so to buy you have to buy 60 and then<00:25:08.720> you<00:25:08.799> will<00:25:08.960> get<00:25:09.080> one 00:25:10.470 --> 00:25:10.480 align:start position:0% then you will get one 00:25:10.480 --> 00:25:14.110 align:start position:0% then you will get one cut<00:25:11.480> yeah<00:25:11.600> now<00:25:11.720> you<00:25:11.840> buy<00:25:12.039> 60<00:25:12.919> get<00:25:13.200> you<00:25:13.320> get<00:25:13.480> one 00:25:14.110 --> 00:25:14.120 align:start position:0% cut yeah now you buy 60 get you get one 00:25:14.120 --> 00:25:20.310 align:start position:0% cut yeah now you buy 60 get you get one cut<00:25:15.120> and<00:25:15.240> this<00:25:15.399> is<00:25:15.600> going 00:25:20.310 --> 00:25:20.320 align:start position:0% 00:25:20.320 --> 00:25:23.190 align:start position:0% up<00:25:21.320> okay 00:25:23.190 --> 00:25:23.200 align:start position:0% up okay 00:25:23.200 --> 00:25:26.070 align:start position:0% up okay here<00:25:24.200> consensus<00:25:24.760> yeah<00:25:24.960> yeah<00:25:25.120> that's<00:25:25.399> okay 00:25:26.070 --> 00:25:26.080 align:start position:0% here consensus yeah yeah that's okay 00:25:26.080 --> 00:25:33.990 align:start position:0% here consensus yeah yeah that's okay that<00:25:26.240> that's<00:25:26.440> good 00:25:33.990 --> 00:25:34.000 align:start position:0% 00:25:34.000 --> 00:25:38.870 align:start position:0% we<00:25:34.200> have<00:25:35.200> is<00:25:35.360> this<00:25:35.640> is 00:25:38.870 --> 00:25:38.880 align:start position:0% 00:25:38.880 --> 00:25:42.789 align:start position:0% this<00:25:39.880> so<00:25:40.120> what<00:25:40.279> you<00:25:40.399> can<00:25:40.600> do<00:25:41.399> is<00:25:41.760> you<00:25:41.919> can<00:25:42.440> pay 00:25:42.789 --> 00:25:42.799 align:start position:0% this so what you can do is you can pay 00:25:42.799 --> 00:25:45.549 align:start position:0% this so what you can do is you can pay 100<00:25:43.159> to<00:25:43.360> get<00:25:43.559> both<00:25:43.840> cats<00:25:44.039> and<00:25:44.320> dogs<00:25:45.320> and<00:25:45.399> in 00:25:45.549 --> 00:25:45.559 align:start position:0% 100 to get both cats and dogs and in 00:25:45.559 --> 00:25:48.669 align:start position:0% 100 to get both cats and dogs and in this<00:25:45.720> case<00:25:45.880> you<00:25:45.960> can<00:25:46.080> make<00:25:46.200> some<00:25:46.399> profit 00:25:48.669 --> 00:25:48.679 align:start position:0% this case you can make some profit 00:25:48.679 --> 00:25:52.310 align:start position:0% this case you can make some profit right<00:25:49.679> oh<00:25:49.799> no<00:25:50.200> it's<00:25:50.440> okay<00:25:50.720> yeah<00:25:51.480> so<00:25:51.799> if<00:25:51.919> you<00:25:52.039> pay 00:25:52.310 --> 00:25:52.320 align:start position:0% right oh no it's okay yeah so if you pay 00:25:52.320 --> 00:25:54.590 align:start position:0% right oh no it's okay yeah so if you pay 100<00:25:52.600> you<00:25:52.679> will<00:25:52.840> get<00:25:53.080> both<00:25:54.080> and<00:25:54.159> you<00:25:54.279> can<00:25:54.399> sell 00:25:54.590 --> 00:25:54.600 align:start position:0% 100 you will get both and you can sell 00:25:54.600 --> 00:25:56.789 align:start position:0% 100 you will get both and you can sell it<00:25:54.760> back<00:25:54.880> to<00:25:54.960> the<00:25:55.080> market<00:25:55.720> and<00:25:55.840> you<00:25:55.919> can<00:25:56.440> no<00:25:56.640> you 00:25:56.789 --> 00:25:56.799 align:start position:0% it back to the market and you can no you 00:25:56.799 --> 00:25:59.310 align:start position:0% it back to the market and you can no you can<00:25:57.000> sell<00:25:57.120> it<00:25:57.240> only<00:25:57.880> you<00:25:58.000> sell<00:25:58.440> to<00:25:58.600> the<00:25:58.799> up<00:25:59.159> so 00:25:59.310 --> 00:25:59.320 align:start position:0% can sell it only you sell to the up so 00:25:59.320 --> 00:26:01.669 align:start position:0% can sell it only you sell to the up so you<00:25:59.440> will<00:25:59.600> sell<00:25:59.760> it<00:25:59.880> only<00:26:00.039> for<00:26:00.240> 90<00:26:01.240> so<00:26:01.399> it's<00:26:01.520> not 00:26:01.669 --> 00:26:01.679 align:start position:0% you will sell it only for 90 so it's not 00:26:01.679 --> 00:26:02.470 align:start position:0% you will sell it only for 90 so it's not going<00:26:01.760> to 00:26:02.470 --> 00:26:02.480 align:start position:0% going to 00:26:02.480 --> 00:26:04.110 align:start position:0% going to work<00:26:03.480> it's<00:26:03.600> going<00:26:03.679> to<00:26:03.799> work<00:26:03.919> but<00:26:03.960> you're<00:26:04.039> going 00:26:04.110 --> 00:26:04.120 align:start position:0% work it's going to work but you're going 00:26:04.120 --> 00:26:06.070 align:start position:0% work it's going to work but you're going to<00:26:04.240> lose<00:26:04.440> money<00:26:05.120> so<00:26:05.240> for<00:26:05.399> now<00:26:05.600> the<00:26:05.720> the<00:26:05.840> prices 00:26:06.070 --> 00:26:06.080 align:start position:0% to lose money so for now the the prices 00:26:06.080 --> 00:26:07.830 align:start position:0% to lose money so for now the the prices are 00:26:07.830 --> 00:26:07.840 align:start position:0% are 00:26:07.840 --> 00:26:10.830 align:start position:0% are good<00:26:08.840> yeah<00:26:09.480> hey<00:26:09.600> one<00:26:09.840> question<00:26:10.399> yeah<00:26:10.600> can<00:26:10.720> you 00:26:10.830 --> 00:26:10.840 align:start position:0% good yeah hey one question yeah can you 00:26:10.840 --> 00:26:13.430 align:start position:0% good yeah hey one question yeah can you meet<00:26:11.159> multiple<00:26:11.559> times<00:26:12.320> yes<00:26:13.000> you<00:26:13.120> can<00:26:13.200> me<00:26:13.360> how 00:26:13.430 --> 00:26:13.440 align:start position:0% meet multiple times yes you can me how 00:26:13.440 --> 00:26:18.190 align:start position:0% meet multiple times yes you can me how many<00:26:13.600> times<00:26:14.080> as<00:26:14.200> many<00:26:14.360> time<00:26:14.799> so<00:26:14.880> there's<00:26:15.080> not 00:26:18.190 --> 00:26:18.200 align:start position:0% 00:26:18.200 --> 00:26:23.389 align:start position:0% one<00:26:19.200> show<00:26:19.440> show<00:26:19.600> me<00:26:20.200> no<00:26:20.320> no<00:26:20.440> I 00:26:23.389 --> 00:26:23.399 align:start position:0% 00:26:23.399 --> 00:26:26.149 align:start position:0% me<00:26:24.399> the<00:26:24.520> should<00:26:24.760> talk<00:26:25.520> the<00:26:25.600> should<00:26:25.840> talk<00:26:26.039> is 00:26:26.149 --> 00:26:26.159 align:start position:0% me the should talk the should talk is 00:26:26.159 --> 00:26:31.909 align:start position:0% me the should talk the should talk is normal 00:26:31.909 --> 00:26:31.919 align:start position:0% 00:26:31.919 --> 00:26:35.190 align:start position:0% so<00:26:32.480> what's<00:26:32.919> happening<00:26:33.919> in<00:26:34.120> this 00:26:35.190 --> 00:26:35.200 align:start position:0% so what's happening in this 00:26:35.200 --> 00:26:38.590 align:start position:0% so what's happening in this SP<00:26:36.200> if<00:26:36.440> we<00:26:36.720> if<00:26:36.840> we<00:26:37.000> sell<00:26:37.399> if<00:26:37.480> we<00:26:37.600> sell<00:26:37.799> a<00:26:37.960> dog 00:26:38.590 --> 00:26:38.600 align:start position:0% SP if we if we sell if we sell a dog 00:26:38.600 --> 00:26:41.950 align:start position:0% SP if we if we sell if we sell a dog yeah<00:26:39.360> we<00:26:39.720> we<00:26:39.919> get<00:26:40.240> 50<00:26:41.039> no<00:26:41.240> you<00:26:41.360> get<00:26:41.520> the<00:26:41.679> price 00:26:41.950 --> 00:26:41.960 align:start position:0% yeah we we get 50 no you get the price 00:26:41.960 --> 00:26:43.870 align:start position:0% yeah we we get 50 no you get the price up<00:26:42.399> so<00:26:42.559> we<00:26:42.640> will<00:26:42.799> get<00:26:42.919> 40 00:26:43.870 --> 00:26:43.880 align:start position:0% up so we will get 40 00:26:43.880 --> 00:26:47.870 align:start position:0% up so we will get 40 only<00:26:44.880> 40<00:26:45.159> you<00:26:45.360> get<00:26:45.480> 40<00:26:46.000> only<00:26:47.000> so<00:26:47.360> sell<00:26:47.559> one<00:26:47.720> by 00:26:47.870 --> 00:26:47.880 align:start position:0% only 40 you get 40 only so sell one by 00:26:47.880 --> 00:26:50.990 align:start position:0% only 40 you get 40 only so sell one by one<00:26:48.360> so<00:26:48.520> you<00:26:48.640> sell<00:26:48.880> one<00:26:49.080> dog<00:26:49.720> right<00:26:50.640> so<00:26:50.880> it's 00:26:50.990 --> 00:26:51.000 align:start position:0% one so you sell one dog right so it's 00:26:51.000 --> 00:26:54.789 align:start position:0% one so you sell one dog right so it's going<00:26:51.120> to<00:26:51.279> go<00:26:51.440> here<00:26:51.559> and<00:26:51.679> you<00:26:51.799> get<00:26:52.000> 40<00:26:53.000> ah<00:26:53.799> okay 00:26:54.789 --> 00:26:54.799 align:start position:0% going to go here and you get 40 ah okay 00:26:54.799 --> 00:26:56.950 align:start position:0% going to go here and you get 40 ah okay so<00:26:55.000> you<00:26:55.120> get 00:26:56.950 --> 00:26:56.960 align:start position:0% so you get 00:26:56.960 --> 00:26:59.149 align:start position:0% so you get 40<00:26:57.960> okay 00:26:59.149 --> 00:26:59.159 align:start position:0% 40 okay 00:26:59.159 --> 00:27:02.909 align:start position:0% 40 okay okay<00:26:59.480> okay<00:27:00.080> okay<00:27:01.080> now<00:27:01.520> now<00:27:01.640> it's<00:27:01.799> your 00:27:02.909 --> 00:27:02.919 align:start position:0% okay okay okay now now it's your 00:27:02.919 --> 00:27:05.590 align:start position:0% okay okay okay now now it's your turn<00:27:03.919> you<00:27:04.039> can<00:27:04.279> like<00:27:04.440> as<00:27:04.559> long<00:27:04.760> as<00:27:05.200> there<00:27:05.279> is<00:27:05.440> no 00:27:05.590 --> 00:27:05.600 align:start position:0% turn you can like as long as there is no 00:27:05.600 --> 00:27:07.149 align:start position:0% turn you can like as long as there is no multiple<00:27:06.000> people<00:27:06.200> wanted<00:27:06.480> to<00:27:06.760> play<00:27:06.960> at<00:27:07.080> the 00:27:07.149 --> 00:27:07.159 align:start position:0% multiple people wanted to play at the 00:27:07.159 --> 00:27:09.389 align:start position:0% multiple people wanted to play at the same<00:27:07.360> time<00:27:08.320> you<00:27:08.399> can<00:27:08.559> play<00:27:08.760> whenever<00:27:09.080> you<00:27:09.200> want 00:27:09.389 --> 00:27:09.399 align:start position:0% same time you can play whenever you want 00:27:09.399 --> 00:27:11.590 align:start position:0% same time you can play whenever you want if<00:27:09.520> you're<00:27:09.720> multiple<00:27:10.240> make<00:27:10.399> a<00:27:10.520> queue<00:27:10.880> but<00:27:11.080> uh 00:27:11.590 --> 00:27:11.600 align:start position:0% if you're multiple make a queue but uh 00:27:11.600 --> 00:27:13.630 align:start position:0% if you're multiple make a queue but uh do<00:27:11.799> do<00:27:11.919> we<00:27:12.039> need<00:27:12.279> do<00:27:12.360> we<00:27:12.480> need<00:27:12.799> that<00:27:12.960> to<00:27:13.200> to<00:27:13.360> Su 00:27:13.630 --> 00:27:13.640 align:start position:0% do do we need do we need that to to Su 00:27:13.640 --> 00:27:17.430 align:start position:0% do do we need do we need that to to Su up<00:27:14.640> 100<00:27:15.000> always<00:27:16.000> no<00:27:16.320> no<00:27:16.640> no<00:27:17.000> it<00:27:17.120> doesn't<00:27:17.320> need 00:27:17.430 --> 00:27:17.440 align:start position:0% up 100 always no no no it doesn't need 00:27:17.440 --> 00:27:20.110 align:start position:0% up 100 always no no no it doesn't need to<00:27:17.520> S<00:27:17.799> to<00:27:18.039> 100<00:27:18.520> but<00:27:18.640> you<00:27:18.760> can<00:27:18.919> give<00:27:19.200> 100<00:27:19.520> and<00:27:19.679> get 00:27:20.110 --> 00:27:20.120 align:start position:0% to S to 100 but you can give 100 and get 00:27:20.120 --> 00:27:28.630 align:start position:0% to S to 100 but you can give 100 and get both<00:27:21.120> okay 00:27:28.630 --> 00:27:28.640 align:start position:0% 00:27:28.640 --> 00:27:32.149 align:start position:0% okay<00:27:28.919> so<00:27:29.960> you<00:27:30.960> this<00:27:31.200> part<00:27:31.440> is 00:27:32.149 --> 00:27:32.159 align:start position:0% okay so you this part is 00:27:32.159 --> 00:27:35.430 align:start position:0% okay so you this part is working<00:27:33.159> and<00:27:33.279> you<00:27:33.399> are<00:27:33.559> you<00:27:33.880> you<00:27:34.000> stay<00:27:34.159> at 00:27:35.430 --> 00:27:35.440 align:start position:0% working and you are you you stay at 00:27:35.440 --> 00:27:59.149 align:start position:0% working and you are you you stay at 5050<00:27:36.440> okay 00:27:59.149 --> 00:27:59.159 align:start position:0% 00:27:59.159 --> 00:28:00.590 align:start position:0% you<00:27:59.320> can<00:27:59.440> trade<00:27:59.679> with<00:27:59.840> other<00:28:00.080> player<00:28:00.399> if<00:28:00.480> you 00:28:00.590 --> 00:28:00.600 align:start position:0% you can trade with other player if you 00:28:00.600 --> 00:28:02.669 align:start position:0% you can trade with other player if you wish<00:28:00.919> it's 00:28:02.669 --> 00:28:02.679 align:start position:0% wish it's 00:28:02.679 --> 00:28:43.750 align:start position:0% wish it's okay<00:28:03.679> minting<00:28:04.039> does<00:28:04.159> not<00:28:04.279> move<00:28:04.480> the<00:28:04.600> price<00:28:05.039> no 00:28:43.750 --> 00:28:43.760 align:start position:0% 00:28:43.760 --> 00:28:46.110 align:start position:0% yeah<00:28:44.679> it<00:28:44.760> doesn't<00:28:44.960> need<00:28:45.080> to<00:28:45.240> Su<00:28:45.440> up<00:28:45.640> now<00:28:45.880> it's 00:28:46.110 --> 00:28:46.120 align:start position:0% yeah it doesn't need to Su up now it's 00:28:46.120 --> 00:28:48.630 align:start position:0% yeah it doesn't need to Su up now it's price<00:28:46.720> probability<00:28:47.360> yeah<00:28:47.799> it's<00:28:47.919> a<00:28:48.039> price<00:28:48.360> yeah 00:28:48.630 --> 00:28:48.640 align:start position:0% price probability yeah it's a price yeah 00:28:48.640 --> 00:28:55.909 align:start position:0% price probability yeah it's a price yeah it's<00:28:48.760> a<00:28:49.000> price 00:28:55.909 --> 00:28:55.919 align:start position:0% 00:28:55.919 --> 00:29:00.190 align:start position:0% probability<00:28:56.919> okay<00:28:57.039> so<00:28:57.240> everyone<00:28:57.559> finished 00:29:00.190 --> 00:29:00.200 align:start position:0% 00:29:00.200 --> 00:29:03.230 align:start position:0% so<00:29:01.200> please<00:29:01.559> if<00:29:01.679> you<00:29:01.840> have<00:29:02.039> any<00:29:02.519> last<00:29:02.799> question 00:29:03.230 --> 00:29:03.240 align:start position:0% so please if you have any last question 00:29:03.240 --> 00:29:06.870 align:start position:0% so please if you have any last question tell<00:29:03.440> me<00:29:03.919> before<00:29:04.159> we<00:29:04.320> finish<00:29:04.559> the<00:29:04.760> first<00:29:05.240> uh 00:29:06.870 --> 00:29:06.880 align:start position:0% tell me before we finish the first uh 00:29:06.880 --> 00:29:10.190 align:start position:0% tell me before we finish the first uh round 00:29:10.190 --> 00:29:10.200 align:start position:0% 00:29:10.200 --> 00:29:13.830 align:start position:0% what<00:29:11.200> what<00:29:11.320> is 00:29:13.830 --> 00:29:13.840 align:start position:0% 00:29:13.840 --> 00:29:16.269 align:start position:0% it<00:29:14.840> okay<00:29:15.039> any<00:29:15.279> last 00:29:16.269 --> 00:29:16.279 align:start position:0% it okay any last 00:29:16.279 --> 00:29:19.190 align:start position:0% it okay any last question<00:29:17.279> is<00:29:17.399> there<00:29:17.600> any<00:29:17.799> last 00:29:19.190 --> 00:29:19.200 align:start position:0% question is there any last 00:29:19.200 --> 00:29:21.549 align:start position:0% question is there any last question<00:29:20.200> all<00:29:20.399> the<00:29:20.559> P<00:29:20.760> are 00:29:21.549 --> 00:29:21.559 align:start position:0% question all the P are 00:29:21.559 --> 00:29:24.509 align:start position:0% question all the P are working<00:29:22.559> okay<00:29:23.000> okay 00:29:24.509 --> 00:29:24.519 align:start position:0% working okay okay 00:29:24.519 --> 00:29:28.509 align:start position:0% working okay okay so<00:29:25.519> everyone<00:29:26.440> we're<00:29:26.640> goingon<00:29:26.799> to<00:29:27.080> now<00:29:27.799> uh<00:29:28.159> stop 00:29:28.509 --> 00:29:28.519 align:start position:0% so everyone we're goingon to now uh stop 00:29:28.519 --> 00:29:31.990 align:start position:0% so everyone we're goingon to now uh stop the<00:29:28.960> amm<00:29:29.960> oh<00:29:30.919> last<00:29:31.159> order<00:29:31.640> we're<00:29:31.760> going<00:29:31.880> to 00:29:31.990 --> 00:29:32.000 align:start position:0% the amm oh last order we're going to 00:29:32.000 --> 00:29:37.509 align:start position:0% the amm oh last order we're going to stop<00:29:32.200> the 00:29:37.509 --> 00:29:37.519 align:start position:0% 00:29:37.519 --> 00:29:40.630 align:start position:0% amm<00:29:38.519> last<00:29:38.799> order<00:29:39.200> last 00:29:40.630 --> 00:29:40.640 align:start position:0% amm last order last 00:29:40.640 --> 00:29:44.830 align:start position:0% amm last order last order<00:29:41.640> do<00:29:41.760> we<00:29:41.880> have<00:29:42.000> a<00:29:42.120> last 00:29:44.830 --> 00:29:44.840 align:start position:0% 00:29:44.840 --> 00:29:52.590 align:start position:0% order<00:29:45.840> okay<00:29:46.000> so<00:29:46.200> every<00:29:46.559> everything<00:29:46.799> is<00:29:46.960> done 00:29:52.590 --> 00:29:52.600 align:start position:0% 00:29:52.600 --> 00:29:55.710 align:start position:0% perfect<00:29:53.600> so<00:29:54.000> please<00:29:54.320> SP<00:29:54.559> leader<00:29:54.919> close<00:29:55.200> the 00:29:55.710 --> 00:29:55.720 align:start position:0% perfect so please SP leader close the 00:29:55.720 --> 00:30:00.470 align:start position:0% perfect so please SP leader close the amm<00:29:56.720> and<00:29:56.880> so<00:29:57.080> now<00:29:57.240> we're<00:29:57.399> going<00:29:57.519> to<00:29:58.240> uh<00:29:59.480> first 00:30:00.470 --> 00:30:00.480 align:start position:0% amm and so now we're going to uh first 00:30:00.480 --> 00:30:03.029 align:start position:0% amm and so now we're going to uh first if<00:30:00.640> you<00:30:01.159> if<00:30:01.320> the<00:30:01.559> price<00:30:01.919> of<00:30:02.080> the<00:30:02.279> dog<00:30:02.679> in<00:30:02.840> your 00:30:03.029 --> 00:30:03.039 align:start position:0% if you if the price of the dog in your 00:30:03.039 --> 00:30:05.590 align:start position:0% if you if the price of the dog in your pod<00:30:03.519> yeah<00:30:03.640> you<00:30:03.960> the<00:30:04.120> ammr<00:30:04.600> Clos<00:30:05.200> it's<00:30:05.399> not 00:30:05.590 --> 00:30:05.600 align:start position:0% pod yeah you the ammr Clos it's not 00:30:05.600 --> 00:30:08.269 align:start position:0% pod yeah you the ammr Clos it's not possible<00:30:05.840> to<00:30:06.000> trade<00:30:06.399> anymore<00:30:07.399> is<00:30:07.559> the<00:30:07.840> price 00:30:08.269 --> 00:30:08.279 align:start position:0% possible to trade anymore is the price 00:30:08.279 --> 00:30:10.430 align:start position:0% possible to trade anymore is the price of<00:30:08.399> the<00:30:08.600> dog<00:30:08.919> is<00:30:09.120> higher<00:30:09.399> in<00:30:09.559> your<00:30:09.760> pod<00:30:10.159> raise 00:30:10.430 --> 00:30:10.440 align:start position:0% of the dog is higher in your pod raise 00:30:10.440 --> 00:30:11.669 align:start position:0% of the dog is higher in your pod raise the 00:30:11.669 --> 00:30:11.679 align:start position:0% the 00:30:11.679 --> 00:30:14.750 align:start position:0% the hand<00:30:12.679> is<00:30:12.840> the<00:30:13.080> price<00:30:13.440> of<00:30:13.600> the<00:30:13.760> dog<00:30:14.120> is<00:30:14.279> higher 00:30:14.750 --> 00:30:14.760 align:start position:0% hand is the price of the dog is higher 00:30:14.760 --> 00:30:17.750 align:start position:0% hand is the price of the dog is higher raise<00:30:14.960> your<00:30:15.559> hand<00:30:16.559> here's<00:30:16.799> the<00:30:16.919> dogs<00:30:17.159> are 00:30:17.750 --> 00:30:17.760 align:start position:0% raise your hand here's the dogs are 00:30:17.760 --> 00:30:21.549 align:start position:0% raise your hand here's the dogs are higher<00:30:18.760> the<00:30:18.919> dogs<00:30:19.159> are<00:30:19.360> higher<00:30:19.720> here 00:30:21.549 --> 00:30:21.559 align:start position:0% higher the dogs are higher here 00:30:21.559 --> 00:30:25.269 align:start position:0% higher the dogs are higher here okay<00:30:22.559> the<00:30:22.720> dogs<00:30:22.960> are<00:30:23.159> higher<00:30:23.919> okay<00:30:24.919> if<00:30:25.080> the 00:30:25.269 --> 00:30:25.279 align:start position:0% okay the dogs are higher okay if the 00:30:25.279 --> 00:30:27.750 align:start position:0% okay the dogs are higher okay if the cats<00:30:25.640> are<00:30:25.919> higher<00:30:26.399> raise<00:30:26.679> your<00:30:26.840> hand<00:30:27.440> if<00:30:27.559> your 00:30:27.750 --> 00:30:27.760 align:start position:0% cats are higher raise your hand if your 00:30:27.760 --> 00:30:31.110 align:start position:0% cats are higher raise your hand if your p<00:30:28.120> as<00:30:28.320> cat<00:30:28.600> price<00:30:28.919> higher<00:30:29.360> raise<00:30:29.600> your<00:30:30.120> hand 00:30:31.110 --> 00:30:31.120 align:start position:0% p as cat price higher raise your hand 00:30:31.120 --> 00:30:33.269 align:start position:0% p as cat price higher raise your hand okay<00:30:31.399> cat<00:30:31.640> price<00:30:31.960> cat 00:30:33.269 --> 00:30:33.279 align:start position:0% okay cat price cat 00:30:33.279 --> 00:30:36.430 align:start position:0% okay cat price cat price<00:30:34.279> so<00:30:34.480> we<00:30:34.600> see<00:30:34.799> four<00:30:35.159> pods<00:30:35.640> with<00:30:36.200> cats 00:30:36.430 --> 00:30:36.440 align:start position:0% price so we see four pods with cats 00:30:36.440 --> 00:30:38.110 align:start position:0% price so we see four pods with cats being<00:30:36.679> higher<00:30:37.039> and<00:30:37.159> three<00:30:37.440> with<00:30:37.600> dogs<00:30:37.840> being 00:30:38.110 --> 00:30:38.120 align:start position:0% being higher and three with dogs being 00:30:38.120 --> 00:30:40.669 align:start position:0% being higher and three with dogs being higher<00:30:39.120> and<00:30:39.240> so<00:30:39.440> now<00:30:39.600> you<00:30:39.720> will<00:30:39.919> get<00:30:40.360> the 00:30:40.669 --> 00:30:40.679 align:start position:0% higher and so now you will get the 00:30:40.679 --> 00:30:44.230 align:start position:0% higher and so now you will get the reveal<00:30:41.679> and<00:30:42.519> that<00:30:42.720> was<00:30:42.880> a 00:30:44.230 --> 00:30:44.240 align:start position:0% reveal and that was a 00:30:44.240 --> 00:30:51.669 align:start position:0% reveal and that was a [Applause] 00:30:51.669 --> 00:30:51.679 align:start position:0% 00:30:51.679 --> 00:30:56.070 align:start position:0% cat<00:30:52.679> so<00:30:53.559> now<00:30:54.559> if<00:30:54.679> you<00:30:54.840> have<00:30:55.039> dog<00:30:55.320> tokens<00:30:55.960> they 00:30:56.070 --> 00:30:56.080 align:start position:0% cat so now if you have dog tokens they 00:30:56.080 --> 00:30:59.110 align:start position:0% cat so now if you have dog tokens they are<00:30:56.240> worth<00:30:56.559> nothing 00:30:59.110 --> 00:30:59.120 align:start position:0% are worth nothing 00:30:59.120 --> 00:31:00.590 align:start position:0% are worth nothing and<00:30:59.320> if<00:30:59.440> you<00:30:59.519> have<00:30:59.760> cat<00:31:00.000> tokens<00:31:00.360> you<00:31:00.440> can 00:31:00.590 --> 00:31:00.600 align:start position:0% and if you have cat tokens you can 00:31:00.600 --> 00:31:02.389 align:start position:0% and if you have cat tokens you can redeem<00:31:01.000> them<00:31:01.320> for<00:31:01.679> the<00:31:01.799> amount<00:31:02.000> of<00:31:02.159> Point 00:31:02.389 --> 00:31:02.399 align:start position:0% redeem them for the amount of Point 00:31:02.399 --> 00:31:10.990 align:start position:0% redeem them for the amount of Point written<00:31:02.639> on 00:31:10.990 --> 00:31:11.000 align:start position:0% 00:31:11.000 --> 00:31:15.590 align:start position:0% them<00:31:12.000> 50<00:31:12.799> oh<00:31:13.039> okay 00:31:15.590 --> 00:31:15.600 align:start position:0% 00:31:15.600 --> 00:31:33.549 align:start position:0% okay<00:31:16.600> wiely 00:31:33.549 --> 00:31:33.559 align:start position:0% 00:31:33.559 --> 00:31:34.870 align:start position:0% they<00:31:33.679> are<00:31:33.840> asking<00:31:34.159> if<00:31:34.279> they<00:31:34.399> can<00:31:34.559> keep<00:31:34.720> the 00:31:34.870 --> 00:31:34.880 align:start position:0% they are asking if they can keep the 00:31:34.880 --> 00:31:36.149 align:start position:0% they are asking if they can keep the card<00:31:35.120> as<00:31:35.279> a 00:31:36.149 --> 00:31:36.159 align:start position:0% card as a 00:31:36.159 --> 00:31:38.990 align:start position:0% card as a souvenir<00:31:37.159> yeah<00:31:38.159> it's<00:31:38.279> okay<00:31:38.600> they<00:31:38.679> can<00:31:38.840> keep 00:31:38.990 --> 00:31:39.000 align:start position:0% souvenir yeah it's okay they can keep 00:31:39.000 --> 00:32:07.310 align:start position:0% souvenir yeah it's okay they can keep the<00:31:39.120> card<00:31:39.360> it's<00:31:39.600> okay 00:32:07.310 --> 00:32:07.320 align:start position:0% 00:32:07.320 --> 00:32:10.029 align:start position:0% okay<00:32:07.480> so<00:32:07.679> did<00:32:07.840> you<00:32:07.960> all<00:32:08.120> manage<00:32:08.360> to<00:32:08.880> redeem<00:32:09.880> if 00:32:10.029 --> 00:32:10.039 align:start position:0% okay so did you all manage to redeem if 00:32:10.039 --> 00:32:14.350 align:start position:0% okay so did you all manage to redeem if there<00:32:10.159> is<00:32:10.360> any<00:32:10.639> question<00:32:11.039> raise<00:32:11.240> your 00:32:14.350 --> 00:32:14.360 align:start position:0% 00:32:14.360 --> 00:32:19.110 align:start position:0% hand<00:32:15.360> so<00:32:15.559> no<00:32:15.799> question<00:32:16.320> let's<00:32:16.559> go<00:32:17.480> to<00:32:17.639> the<00:32:17.799> next 00:32:19.110 --> 00:32:19.120 align:start position:0% hand so no question let's go to the next 00:32:19.120 --> 00:32:21.190 align:start position:0% hand so no question let's go to the next element<00:32:20.120> so<00:32:20.399> now<00:32:20.559> we're<00:32:20.679> going<00:32:20.799> to<00:32:20.919> open 00:32:21.190 --> 00:32:21.200 align:start position:0% element so now we're going to open 00:32:21.200 --> 00:32:25.750 align:start position:0% element so now we're going to open another 00:32:25.750 --> 00:32:25.760 align:start position:0% 00:32:25.760 --> 00:32:28.350 align:start position:0% market<00:32:26.760> so<00:32:27.120> this<00:32:27.240> is<00:32:27.360> going<00:32:27.440> to<00:32:27.559> be<00:32:27.639> a 00:32:28.350 --> 00:32:28.360 align:start position:0% market so this is going to be a 00:32:28.360 --> 00:32:31.070 align:start position:0% market so this is going to be a Market<00:32:29.360> about<00:32:29.720> whether<00:32:30.000> or<00:32:30.240> not<00:32:30.679> I'm<00:32:30.840> going<00:32:30.919> to 00:32:31.070 --> 00:32:31.080 align:start position:0% Market about whether or not I'm going to 00:32:31.080 --> 00:32:33.710 align:start position:0% Market about whether or not I'm going to say<00:32:31.320> the<00:32:31.559> word<00:32:32.039> there<00:32:32.559> in<00:32:32.720> the 00:32:33.710 --> 00:32:33.720 align:start position:0% say the word there in the 00:32:33.720 --> 00:32:36.029 align:start position:0% say the word there in the mic<00:32:34.720> if<00:32:34.840> I'm<00:32:34.960> going<00:32:35.039> to<00:32:35.200> say<00:32:35.360> the<00:32:35.519> word<00:32:35.880> there 00:32:36.029 --> 00:32:36.039 align:start position:0% mic if I'm going to say the word there 00:32:36.039 --> 00:32:39.990 align:start position:0% mic if I'm going to say the word there in<00:32:36.159> the<00:32:36.320> mic<00:32:37.039> so<00:32:37.639> if<00:32:38.399> within<00:32:38.799> 10<00:32:39.080> slide<00:32:39.480> I<00:32:39.639> say 00:32:39.990 --> 00:32:40.000 align:start position:0% in the mic so if within 10 slide I say 00:32:40.000 --> 00:32:41.629 align:start position:0% in the mic so if within 10 slide I say this 00:32:41.629 --> 00:32:41.639 align:start position:0% this 00:32:41.639 --> 00:32:45.590 align:start position:0% this word<00:32:42.639> this<00:32:43.200> specific<00:32:43.639> token<00:32:44.639> the<00:32:44.840> token<00:32:45.440> on 00:32:45.590 --> 00:32:45.600 align:start position:0% word this specific token the token on 00:32:45.600 --> 00:32:47.590 align:start position:0% word this specific token the token on the<00:32:45.760> left<00:32:45.960> is<00:32:46.039> going<00:32:46.159> to<00:32:46.320> redeem<00:32:47.080> otherwise 00:32:47.590 --> 00:32:47.600 align:start position:0% the left is going to redeem otherwise 00:32:47.600 --> 00:32:49.830 align:start position:0% the left is going to redeem otherwise that<00:32:47.720> will<00:32:47.840> be<00:32:47.960> the<00:32:48.039> other<00:32:48.240> token<00:32:48.519> which<00:32:48.639> will 00:32:49.830 --> 00:32:49.840 align:start position:0% that will be the other token which will 00:32:49.840 --> 00:32:53.470 align:start position:0% that will be the other token which will redeem<00:32:50.840> so<00:32:51.519> all<00:32:52.080> all<00:32:52.320> the<00:32:52.480> Pod<00:32:52.840> remove<00:32:53.240> the<00:32:53.360> cat 00:32:53.470 --> 00:32:53.480 align:start position:0% redeem so all all the Pod remove the cat 00:32:53.480 --> 00:32:56.269 align:start position:0% redeem so all all the Pod remove the cat and<00:32:53.639> dog<00:32:53.840> amm<00:32:54.279> this<00:32:54.440> amm<00:32:54.760> is<00:32:54.919> over<00:32:55.919> and<00:32:56.080> take 00:32:56.269 --> 00:32:56.279 align:start position:0% and dog amm this amm is over and take 00:32:56.279 --> 00:32:59.310 align:start position:0% and dog amm this amm is over and take the<00:32:56.440> second<00:32:56.760> amm 00:32:59.310 --> 00:32:59.320 align:start position:0% the second amm 00:32:59.320 --> 00:33:01.470 align:start position:0% the second amm about<00:32:59.559> this<00:32:59.760> particular<00:33:00.200> word<00:33:00.880> that<00:33:01.080> I<00:33:01.200> can't 00:33:01.470 --> 00:33:01.480 align:start position:0% about this particular word that I can't 00:33:01.480 --> 00:33:14.110 align:start position:0% about this particular word that I can't say<00:33:01.760> or<00:33:01.919> maybe<00:33:02.120> I<00:33:02.200> will<00:33:02.320> say<00:33:02.519> it<00:33:02.840> we<00:33:02.960> will<00:33:03.080> see 00:33:14.110 --> 00:33:14.120 align:start position:0% 00:33:14.120 --> 00:33:18.470 align:start position:0% that<00:33:15.120> are<00:33:15.240> you<00:33:15.360> trying<00:33:15.559> to<00:33:15.639> trick 00:33:18.470 --> 00:33:18.480 align:start position:0% 00:33:18.480 --> 00:33:23.389 align:start position:0% me<00:33:19.799> so<00:33:20.799> if<00:33:21.120> this<00:33:21.360> world<00:33:21.799> if<00:33:21.919> I<00:33:22.039> say<00:33:22.279> the<00:33:22.440> word<00:33:23.320> if 00:33:23.389 --> 00:33:23.399 align:start position:0% me so if this world if I say the word if 00:33:23.399 --> 00:33:26.430 align:start position:0% me so if this world if I say the word if I<00:33:23.519> say<00:33:23.799> the<00:33:24.200> word<00:33:25.200> you<00:33:25.279> will<00:33:25.559> get<00:33:25.880> the<00:33:26.039> token<00:33:26.320> on 00:33:26.430 --> 00:33:26.440 align:start position:0% I say the word you will get the token on 00:33:26.440 --> 00:33:28.230 align:start position:0% I say the word you will get the token on the<00:33:26.559> left<00:33:26.799> which<00:33:26.919> will<00:33:27.080> redeem<00:33:27.799> if<00:33:27.880> I<00:33:28.039> don't 00:33:28.230 --> 00:33:28.240 align:start position:0% the left which will redeem if I don't 00:33:28.240 --> 00:33:30.070 align:start position:0% the left which will redeem if I don't say<00:33:28.519> it<00:33:28.760> within<00:33:29.039> 20<00:33:29.360> slide<00:33:29.679> you<00:33:29.760> will<00:33:29.880> get<00:33:30.000> the 00:33:30.070 --> 00:33:30.080 align:start position:0% say it within 20 slide you will get the 00:33:30.080 --> 00:33:37.750 align:start position:0% say it within 20 slide you will get the token<00:33:30.320> on<00:33:30.440> the<00:33:30.600> right<00:33:30.799> which<00:33:30.919> will 00:33:37.750 --> 00:33:37.760 align:start position:0% 00:33:37.760 --> 00:33:41.310 align:start position:0% rede<00:33:38.760> and<00:33:39.000> P<00:33:39.240> pan<00:33:39.799> where<00:33:39.960> is<00:33:40.480> the 00:33:41.310 --> 00:33:41.320 align:start position:0% rede and P pan where is the 00:33:41.320 --> 00:33:43.389 align:start position:0% rede and P pan where is the suitcase<00:33:42.320> I<00:33:42.399> need<00:33:42.559> the<00:33:42.679> suitcase<00:33:43.159> because 00:33:43.389 --> 00:33:43.399 align:start position:0% suitcase I need the suitcase because 00:33:43.399 --> 00:33:44.950 align:start position:0% suitcase I need the suitcase because there<00:33:43.519> is<00:33:43.760> your<00:33:43.919> stuff<00:33:44.240> inside<00:33:44.519> under<00:33:44.720> the 00:33:44.950 --> 00:33:44.960 align:start position:0% there is your stuff inside under the 00:33:44.960 --> 00:33:48.230 align:start position:0% there is your stuff inside under the suitcase<00:33:45.960> where<00:33:46.080> is<00:33:46.159> the 00:33:48.230 --> 00:33:48.240 align:start position:0% suitcase where is the 00:33:48.240 --> 00:33:50.149 align:start position:0% suitcase where is the suitcase<00:33:49.240> you<00:33:49.360> have<00:33:49.480> to<00:33:49.600> find<00:33:49.760> that<00:33:49.919> as<00:33:50.000> soon 00:33:50.149 --> 00:33:50.159 align:start position:0% suitcase you have to find that as soon 00:33:50.159 --> 00:33:51.830 align:start position:0% suitcase you have to find that as soon as<00:33:50.320> possible<00:33:50.760> because<00:33:51.080> it<00:33:51.200> disappear<00:33:51.600> this 00:33:51.830 --> 00:33:51.840 align:start position:0% as possible because it disappear this 00:33:51.840 --> 00:33:56.269 align:start position:0% as possible because it disappear this like<00:33:52.159> uring<00:33:52.679> the 00:33:56.269 --> 00:33:56.279 align:start position:0% 00:33:56.279 --> 00:33:59.430 align:start position:0% workshop<00:33:57.279> or 00:33:59.430 --> 00:33:59.440 align:start position:0% workshop or 00:33:59.440 --> 00:34:08.829 align:start position:0% workshop or no<00:33:59.559> you<00:33:59.679> can<00:33:59.840> keep<00:34:00.039> the 00:34:08.829 --> 00:34:08.839 align:start position:0% 00:34:08.839 --> 00:34:11.990 align:start position:0% C 00:34:11.990 --> 00:34:12.000 align:start position:0% 00:34:12.000 --> 00:34:14.389 align:start position:0% yeah<00:34:13.000> is<00:34:13.159> the<00:34:13.320> question<00:34:13.560> is<00:34:13.760> whether<00:34:14.000> or<00:34:14.119> not<00:34:14.280> I 00:34:14.389 --> 00:34:14.399 align:start position:0% yeah is the question is whether or not I 00:34:14.399 --> 00:34:19.310 align:start position:0% yeah is the question is whether or not I will<00:34:14.520> say<00:34:14.800> this 00:34:19.310 --> 00:34:19.320 align:start position:0% 00:34:19.320 --> 00:34:35.109 align:start position:0% word<00:34:20.320> someone<00:34:20.599> is<00:34:20.720> trying<00:34:20.960> to<00:34:21.079> trick<00:34:21.359> me 00:34:35.109 --> 00:34:35.119 align:start position:0% 00:34:35.119 --> 00:34:38.909 align:start position:0% why<00:34:35.240> is<00:34:35.320> the<00:34:35.480> big 00:34:38.909 --> 00:34:38.919 align:start position:0% 00:34:38.919 --> 00:34:41.109 align:start position:0% suitcase<00:34:39.919> where<00:34:40.040> is<00:34:40.159> the<00:34:40.280> big 00:34:41.109 --> 00:34:41.119 align:start position:0% suitcase where is the big 00:34:41.119 --> 00:34:53.589 align:start position:0% suitcase where is the big suitcase<00:34:42.119> like<00:34:42.280> someone<00:34:42.560> took<00:34:42.760> my<00:34:42.919> big 00:34:53.589 --> 00:34:53.599 align:start position:0% 00:34:53.599 --> 00:35:16.710 align:start position:0% suitcase<00:34:54.599> oh 00:35:16.710 --> 00:35:16.720 align:start position:0% 00:35:16.720 --> 00:35:28.390 align:start position:0% what<00:35:16.880> happened 00:35:28.390 --> 00:35:28.400 align:start position:0% 00:35:28.400 --> 00:35:29.670 align:start position:0% like<00:35:28.680> where<00:35:28.800> where<00:35:28.920> is<00:35:29.000> the<00:35:29.119> content<00:35:29.359> on<00:35:29.520> my 00:35:29.670 --> 00:35:29.680 align:start position:0% like where where is the content on my 00:35:29.680 --> 00:35:32.870 align:start position:0% like where where is the content on my suit 00:35:32.870 --> 00:35:32.880 align:start position:0% 00:35:32.880 --> 00:35:38.310 align:start position:0% case<00:35:33.880> yeah<00:35:34.040> the<00:35:34.119> content 00:35:38.310 --> 00:35:38.320 align:start position:0% 00:35:38.320 --> 00:35:40.270 align:start position:0% disappeared<00:35:39.320> like<00:35:39.480> I<00:35:39.560> have<00:35:39.680> some<00:35:39.839> content<00:35:40.160> for 00:35:40.270 --> 00:35:40.280 align:start position:0% disappeared like I have some content for 00:35:40.280 --> 00:36:12.150 align:start position:0% disappeared like I have some content for the<00:35:40.400> workshop<00:35:40.760> which<00:35:40.880> is 00:36:12.150 --> 00:36:12.160 align:start position:0% 00:36:12.160 --> 00:36:23.510 align:start position:0% uh<00:36:12.280> that's<00:36:12.440> prob<00:36:12.760> number<00:36:13.079> four 00:36:23.510 --> 00:36:23.520 align:start position:0% 00:36:23.520 --> 00:36:25.790 align:start position:0% five<00:36:24.520> it's<00:36:24.800> it's<00:36:24.960> okay<00:36:25.359> it's<00:36:25.440> okay<00:36:25.599> I<00:36:25.680> have 00:36:25.790 --> 00:36:25.800 align:start position:0% five it's it's okay it's okay I have 00:36:25.800 --> 00:36:37.270 align:start position:0% five it's it's okay it's okay I have everything 00:36:37.270 --> 00:36:37.280 align:start position:0% 00:36:37.280 --> 00:36:39.030 align:start position:0% so<00:36:37.560> why<00:36:37.880> interesting<00:36:38.359> things<00:36:38.640> that<00:36:38.760> we<00:36:38.880> are 00:36:39.030 --> 00:36:39.040 align:start position:0% so why interesting things that we are 00:36:39.040 --> 00:36:42.030 align:start position:0% so why interesting things that we are seeing<00:36:39.720> here<00:36:40.720> is<00:36:41.040> how<00:36:41.240> the<00:36:41.400> market<00:36:41.800> can 00:36:42.030 --> 00:36:42.040 align:start position:0% seeing here is how the market can 00:36:42.040 --> 00:36:44.670 align:start position:0% seeing here is how the market can potentially<00:36:42.520> affect<00:36:43.160> reality<00:36:44.160> because<00:36:44.400> I<00:36:44.480> see 00:36:44.670 --> 00:36:44.680 align:start position:0% potentially affect reality because I see 00:36:44.680 --> 00:36:46.589 align:start position:0% potentially affect reality because I see a<00:36:44.760> bunch<00:36:45.040> of<00:36:45.200> people<00:36:45.520> trying<00:36:45.839> to<00:36:46.040> make<00:36:46.160> me<00:36:46.319> say 00:36:46.589 --> 00:36:46.599 align:start position:0% a bunch of people trying to make me say 00:36:46.599 --> 00:36:47.430 align:start position:0% a bunch of people trying to make me say the 00:36:47.430 --> 00:36:47.440 align:start position:0% the 00:36:47.440 --> 00:36:50.670 align:start position:0% the word<00:36:48.440> so<00:36:49.359> it's<00:36:49.520> not<00:36:49.760> necessarily<00:36:50.319> the<00:36:50.480> main 00:36:50.670 --> 00:36:50.680 align:start position:0% word so it's not necessarily the main 00:36:50.680 --> 00:36:52.950 align:start position:0% word so it's not necessarily the main goal<00:36:50.839> of<00:36:50.960> prediction<00:36:51.400> Market<00:36:52.400> but<00:36:52.560> you<00:36:52.720> could 00:36:52.950 --> 00:36:52.960 align:start position:0% goal of prediction Market but you could 00:36:52.960 --> 00:36:55.150 align:start position:0% goal of prediction Market but you could potentially<00:36:53.359> use<00:36:53.599> prediction<00:36:54.000> Market<00:36:54.359> to 00:36:55.150 --> 00:36:55.160 align:start position:0% potentially use prediction Market to 00:36:55.160 --> 00:36:57.750 align:start position:0% potentially use prediction Market to incentivize<00:36:55.920> some<00:36:56.160> particular<00:36:57.000> stakeholder 00:36:57.750 --> 00:36:57.760 align:start position:0% incentivize some particular stakeholder 00:36:57.760 --> 00:37:03.829 align:start position:0% incentivize some particular stakeholder to<00:36:57.960> do<00:36:58.079> a<00:36:58.240> particular 00:37:03.829 --> 00:37:03.839 align:start position:0% 00:37:03.839 --> 00:37:06.030 align:start position:0% thing<00:37:04.839> you<00:37:04.960> you<00:37:05.079> could<00:37:05.240> see<00:37:05.400> that<00:37:05.599> so<00:37:05.800> here<00:37:05.920> we 00:37:06.030 --> 00:37:06.040 align:start position:0% thing you you could see that so here we 00:37:06.040 --> 00:37:08.829 align:start position:0% thing you you could see that so here we have<00:37:06.160> a<00:37:06.800> participant<00:37:07.800> uh<00:37:08.000> we<00:37:08.160> is<00:37:08.280> saying<00:37:08.680> that 00:37:08.829 --> 00:37:08.839 align:start position:0% have a participant uh we is saying that 00:37:08.839 --> 00:37:11.829 align:start position:0% have a participant uh we is saying that it's<00:37:09.200> a<00:37:09.760> something<00:37:10.079> similar<00:37:10.400> to<00:37:10.640> assination 00:37:11.829 --> 00:37:11.839 align:start position:0% it's a something similar to assination 00:37:11.839 --> 00:37:13.950 align:start position:0% it's a something similar to assination Market<00:37:12.839> I<00:37:12.920> don't<00:37:13.079> think<00:37:13.319> prediction<00:37:13.680> Market 00:37:13.950 --> 00:37:13.960 align:start position:0% Market I don't think prediction Market 00:37:13.960 --> 00:37:15.790 align:start position:0% Market I don't think prediction Market are<00:37:14.079> very<00:37:14.240> suitable<00:37:14.640> to<00:37:14.760> make<00:37:15.000> assassination 00:37:15.790 --> 00:37:15.800 align:start position:0% are very suitable to make assassination 00:37:15.800 --> 00:37:19.109 align:start position:0% are very suitable to make assassination Market<00:37:16.800> but<00:37:17.280> they<00:37:17.440> could<00:37:18.119> inadvertently 00:37:19.109 --> 00:37:19.119 align:start position:0% Market but they could inadvertently 00:37:19.119 --> 00:37:21.670 align:start position:0% Market but they could inadvertently become<00:37:19.720> one<00:37:20.720> and<00:37:20.880> that's<00:37:21.119> why<00:37:21.240> you<00:37:21.400> have<00:37:21.560> to 00:37:21.670 --> 00:37:21.680 align:start position:0% become one and that's why you have to 00:37:21.680 --> 00:37:23.430 align:start position:0% become one and that's why you have to make<00:37:21.839> sure<00:37:22.040> that<00:37:22.400> your<00:37:22.560> rule<00:37:22.800> do<00:37:22.920> not<00:37:23.079> allow 00:37:23.430 --> 00:37:23.440 align:start position:0% make sure that your rule do not allow 00:37:23.440 --> 00:37:26.750 align:start position:0% make sure that your rule do not allow that<00:37:24.119> so<00:37:24.319> for<00:37:24.480> example<00:37:24.760> in<00:37:24.920> claros<00:37:25.800> we<00:37:26.079> have<00:37:26.640> as 00:37:26.750 --> 00:37:26.760 align:start position:0% that so for example in claros we have as 00:37:26.760 --> 00:37:28.829 align:start position:0% that so for example in claros we have as an<00:37:26.880> arbitrator<00:37:27.800> we<00:37:27.920> have<00:37:28.000> a<00:37:28.119> set<00:37:28.240> of<00:37:28.359> rule<00:37:28.599> on 00:37:28.829 --> 00:37:28.839 align:start position:0% an arbitrator we have a set of rule on 00:37:28.839 --> 00:37:30.950 align:start position:0% an arbitrator we have a set of rule on what<00:37:28.960> we<00:37:29.079> can<00:37:29.240> rule<00:37:30.079> and<00:37:30.240> what<00:37:30.359> we<00:37:30.480> cannot<00:37:30.720> rule 00:37:30.950 --> 00:37:30.960 align:start position:0% what we can rule and what we cannot rule 00:37:30.960 --> 00:37:34.950 align:start position:0% what we can rule and what we cannot rule on<00:37:31.839> and<00:37:32.400> Market<00:37:32.839> which<00:37:33.000> are<00:37:33.760> antical<00:37:34.760> are 00:37:34.950 --> 00:37:34.960 align:start position:0% on and Market which are antical are 00:37:34.960 --> 00:37:37.510 align:start position:0% on and Market which are antical are going<00:37:35.040> to<00:37:35.240> be<00:37:35.800> uh<00:37:36.040> rule<00:37:36.359> as<00:37:36.520> invalid<00:37:37.200> so<00:37:37.400> they 00:37:37.510 --> 00:37:37.520 align:start position:0% going to be uh rule as invalid so they 00:37:37.520 --> 00:37:39.150 align:start position:0% going to be uh rule as invalid so they will<00:37:37.720> not<00:37:38.040> resolve 00:37:39.150 --> 00:37:39.160 align:start position:0% will not resolve 00:37:39.160 --> 00:37:42.430 align:start position:0% will not resolve normally<00:37:40.160> and<00:37:40.560> this<00:37:40.720> for<00:37:40.880> example<00:37:41.319> happened<00:37:42.319> a 00:37:42.430 --> 00:37:42.440 align:start position:0% normally and this for example happened a 00:37:42.440 --> 00:37:44.790 align:start position:0% normally and this for example happened a couple<00:37:42.640> of<00:37:42.839> week<00:37:43.160> ago<00:37:44.160> where<00:37:44.319> you<00:37:44.480> had<00:37:44.599> a 00:37:44.790 --> 00:37:44.800 align:start position:0% couple of week ago where you had a 00:37:44.800 --> 00:37:47.870 align:start position:0% couple of week ago where you had a question<00:37:45.480> about<00:37:46.240> some<00:37:46.520> amas<00:37:46.880> leader<00:37:47.359> being 00:37:47.870 --> 00:37:47.880 align:start position:0% question about some amas leader being 00:37:47.880 --> 00:37:50.030 align:start position:0% question about some amas leader being removed<00:37:48.800> like<00:37:49.160> about<00:37:49.359> some<00:37:49.520> amas<00:37:49.800> leader 00:37:50.030 --> 00:37:50.040 align:start position:0% removed like about some amas leader 00:37:50.040 --> 00:37:53.589 align:start position:0% removed like about some amas leader being<00:37:50.319> control<00:37:50.599> of<00:37:51.000> amas<00:37:52.000> and<00:37:52.920> obviously<00:37:53.440> the 00:37:53.589 --> 00:37:53.599 align:start position:0% being control of amas and obviously the 00:37:53.599 --> 00:37:55.750 align:start position:0% being control of amas and obviously the most<00:37:53.880> likely<00:37:54.760> way<00:37:55.040> that<00:37:55.200> he<00:37:55.280> will<00:37:55.400> not<00:37:55.520> be<00:37:55.640> in 00:37:55.750 --> 00:37:55.760 align:start position:0% most likely way that he will not be in 00:37:55.760 --> 00:37:58.190 align:start position:0% most likely way that he will not be in control<00:37:56.240> will<00:37:56.359> be<00:37:56.720> him<00:37:56.880> being<00:37:57.079> killed 00:37:58.190 --> 00:37:58.200 align:start position:0% control will be him being killed 00:37:58.200 --> 00:38:01.109 align:start position:0% control will be him being killed so<00:37:59.200> here<00:37:59.440> the<00:37:59.599> Oracle<00:38:00.480> returned<00:38:00.760> that<00:38:00.880> it<00:38:01.000> was 00:38:01.109 --> 00:38:01.119 align:start position:0% so here the Oracle returned that it was 00:38:01.119 --> 00:38:09.430 align:start position:0% so here the Oracle returned that it was the<00:38:01.240> invalid 00:38:09.430 --> 00:38:09.440 align:start position:0% 00:38:09.440 --> 00:38:11.109 align:start position:0% Market 00:38:11.109 --> 00:38:11.119 align:start position:0% Market 00:38:11.119 --> 00:38:22.309 align:start position:0% Market yeah 00:38:22.309 --> 00:38:22.319 align:start position:0% 00:38:22.319 --> 00:38:25.990 align:start position:0% yeah<00:38:23.319> so<00:38:23.760> for<00:38:24.079> us<00:38:25.040> if<00:38:25.200> the<00:38:25.359> main<00:38:25.560> source<00:38:25.839> of 00:38:25.990 --> 00:38:26.000 align:start position:0% yeah so for us if the main source of 00:38:26.000 --> 00:38:27.870 align:start position:0% yeah so for us if the main source of uncertainty<00:38:26.640> is<00:38:26.760> something<00:38:27.040> which<00:38:27.160> is<00:38:27.520> moral 00:38:27.870 --> 00:38:27.880 align:start position:0% uncertainty is something which is moral 00:38:27.880 --> 00:38:29.430 align:start position:0% uncertainty is something which is moral we<00:38:27.960> will<00:38:28.119> refuse<00:38:28.440> to 00:38:29.430 --> 00:38:29.440 align:start position:0% we will refuse to 00:38:29.440 --> 00:38:31.710 align:start position:0% we will refuse to arbitrate<00:38:30.440> if<00:38:30.599> there<00:38:30.760> is<00:38:31.000> other<00:38:31.240> sources<00:38:31.599> of 00:38:31.710 --> 00:38:31.720 align:start position:0% arbitrate if there is other sources of 00:38:31.720 --> 00:38:33.470 align:start position:0% arbitrate if there is other sources of uncertainty<00:38:32.440> like<00:38:32.599> for<00:38:32.760> example<00:38:33.079> if<00:38:33.200> Trump 00:38:33.470 --> 00:38:33.480 align:start position:0% uncertainty like for example if Trump 00:38:33.480 --> 00:38:35.589 align:start position:0% uncertainty like for example if Trump was<00:38:33.640> assassinated<00:38:34.160> before<00:38:34.359> the<00:38:34.599> election 00:38:35.589 --> 00:38:35.599 align:start position:0% was assassinated before the election 00:38:35.599 --> 00:38:38.750 align:start position:0% was assassinated before the election will<00:38:35.880> probably<00:38:36.599> arbitrate<00:38:37.599> because<00:38:38.359> the<00:38:38.480> main 00:38:38.750 --> 00:38:38.760 align:start position:0% will probably arbitrate because the main 00:38:38.760 --> 00:38:40.510 align:start position:0% will probably arbitrate because the main uncertainty<00:38:39.359> is<00:38:39.520> not<00:38:39.760> whether<00:38:40.040> Trump<00:38:40.280> will<00:38:40.400> be 00:38:40.510 --> 00:38:40.520 align:start position:0% uncertainty is not whether Trump will be 00:38:40.520 --> 00:38:41.630 align:start position:0% uncertainty is not whether Trump will be killed<00:38:40.800> it's<00:38:40.960> whether<00:38:41.119> he<00:38:41.200> will<00:38:41.319> win<00:38:41.520> the 00:38:41.630 --> 00:38:41.640 align:start position:0% killed it's whether he will win the 00:38:41.640 --> 00:38:43.470 align:start position:0% killed it's whether he will win the election<00:38:41.920> or<00:38:42.079> not<00:38:42.599> so<00:38:42.760> the<00:38:42.880> main<00:38:43.119> source<00:38:43.359> of 00:38:43.470 --> 00:38:43.480 align:start position:0% election or not so the main source of 00:38:43.480 --> 00:38:44.990 align:start position:0% election or not so the main source of uncertainty<00:38:43.920> is<00:38:44.000> a<00:38:44.160> vote<00:38:44.359> of<00:38:44.440> the<00:38:44.599> American 00:38:44.990 --> 00:38:45.000 align:start position:0% uncertainty is a vote of the American 00:38:45.000 --> 00:38:47.470 align:start position:0% uncertainty is a vote of the American people<00:38:45.720> not<00:38:45.880> a<00:38:46.040> potential<00:38:46.400> assassination<00:38:47.200> so 00:38:47.470 --> 00:38:47.480 align:start position:0% people not a potential assassination so 00:38:47.480 --> 00:38:50.069 align:start position:0% people not a potential assassination so there<00:38:47.880> we<00:38:48.000> will<00:38:48.160> have<00:38:48.560> rule<00:38:48.920> on<00:38:49.040> this<00:38:49.240> Market 00:38:50.069 --> 00:38:50.079 align:start position:0% there we will have rule on this Market 00:38:50.079 --> 00:38:52.069 align:start position:0% there we will have rule on this Market well<00:38:50.400> at<00:38:50.520> least<00:38:50.760> that's<00:38:51.000> that<00:38:51.280> for<00:38:51.520> me<00:38:51.839> I<00:38:51.920> would 00:38:52.069 --> 00:38:52.079 align:start position:0% well at least that's that for me I would 00:38:52.079 --> 00:39:05.349 align:start position:0% well at least that's that for me I would have<00:38:52.240> ruled<00:38:52.560> this<00:38:52.680> Market<00:38:53.079> valid<00:38:53.319> as<00:38:53.480> valid 00:39:05.349 --> 00:39:05.359 align:start position:0% 00:39:05.359 --> 00:39:07.829 align:start position:0% yeah<00:39:06.359> you<00:39:06.480> you<00:39:06.599> trade<00:39:06.880> within<00:39:07.119> your<00:39:07.319> pod<00:39:07.599> only 00:39:07.829 --> 00:39:07.839 align:start position:0% yeah you you trade within your pod only 00:39:07.839 --> 00:39:46.790 align:start position:0% yeah you you trade within your pod only within<00:39:08.079> your<00:39:08.400> pod<00:39:09.400> yeah 00:39:46.790 --> 00:39:46.800 align:start position:0% 00:39:46.800 --> 00:39:49.390 align:start position:0% yeah<00:39:47.800> sometimes<00:39:48.040> they<00:39:48.160> want<00:39:48.280> to<00:39:48.440> say<00:39:48.640> in<00:39:48.800> the<00:39:48.960> A 00:39:49.390 --> 00:39:49.400 align:start position:0% yeah sometimes they want to say in the A 00:39:49.400 --> 00:39:52.270 align:start position:0% yeah sometimes they want to say in the A and<00:39:49.920> S<00:39:50.520> yeah<00:39:51.040> if<00:39:51.160> you<00:39:51.480> if<00:39:51.560> you<00:39:51.680> sell<00:39:51.920> you<00:39:52.079> sell 00:39:52.270 --> 00:39:52.280 align:start position:0% and S yeah if you if you sell you sell 00:39:52.280 --> 00:40:08.950 align:start position:0% and S yeah if you if you sell you sell to<00:39:52.359> the<00:39:52.560> price<00:39:52.839> just<00:39:53.040> above 00:40:08.950 --> 00:40:08.960 align:start position:0% 00:40:08.960 --> 00:40:10.670 align:start position:0% so<00:40:09.160> if<00:40:09.280> you<00:40:09.400> sell<00:40:09.640> you<00:40:09.760> sell<00:40:09.960> to<00:40:10.119> the<00:40:10.319> price 00:40:10.670 --> 00:40:10.680 align:start position:0% so if you sell you sell to the price 00:40:10.680 --> 00:40:20.910 align:start position:0% so if you sell you sell to the price above<00:40:11.280> and<00:40:11.400> you<00:40:11.480> move<00:40:11.760> it 00:40:20.910 --> 00:40:20.920 align:start position:0% 00:40:20.920 --> 00:40:23.069 align:start position:0% yeah<00:40:21.920> it<00:40:22.040> doesn't<00:40:22.280> need<00:40:22.400> to<00:40:22.520> be<00:40:22.640> balanced<00:40:23.000> the 00:40:23.069 --> 00:40:23.079 align:start position:0% yeah it doesn't need to be balanced the 00:40:23.079 --> 00:40:25.150 align:start position:0% yeah it doesn't need to be balanced the market<00:40:23.480> don't<00:40:23.640> need<00:40:23.760> to<00:40:23.839> be<00:40:23.960> balanced<00:40:24.839> if<00:40:25.000> the 00:40:25.150 --> 00:40:25.160 align:start position:0% market don't need to be balanced if the 00:40:25.160 --> 00:40:27.470 align:start position:0% market don't need to be balanced if the markets<00:40:25.480> are<00:40:25.920> unbalanced<00:40:26.920> what<00:40:27.000> you<00:40:27.119> can<00:40:27.319> can 00:40:27.470 --> 00:40:27.480 align:start position:0% markets are unbalanced what you can can 00:40:27.480 --> 00:40:30.630 align:start position:0% markets are unbalanced what you can can do<00:40:27.800> is<00:40:28.480> give<00:40:28.680> a<00:40:28.839> 100<00:40:29.160> coin<00:40:29.800> and<00:40:29.960> get<00:40:30.079> a<00:40:30.240> token<00:40:30.480> of 00:40:30.630 --> 00:40:30.640 align:start position:0% do is give a 100 coin and get a token of 00:40:30.640 --> 00:40:35.349 align:start position:0% do is give a 100 coin and get a token of both<00:40:31.480> and<00:40:31.599> you<00:40:31.680> can<00:40:31.839> make<00:40:31.960> some 00:40:35.349 --> 00:40:35.359 align:start position:0% 00:40:35.359 --> 00:40:38.670 align:start position:0% profit<00:40:36.359> if<00:40:36.960> you<00:40:37.119> want<00:40:37.400> you<00:40:37.520> can<00:40:37.680> give<00:40:38.040> 100<00:40:38.319> coin 00:40:38.670 --> 00:40:38.680 align:start position:0% profit if you want you can give 100 coin 00:40:38.680 --> 00:40:39.829 align:start position:0% profit if you want you can give 100 coin and<00:40:38.839> get<00:40:39.040> both 00:40:39.829 --> 00:40:39.839 align:start position:0% and get both 00:40:39.839 --> 00:40:43.190 align:start position:0% and get both tokens<00:40:40.839> and<00:40:40.960> then<00:40:41.119> you<00:40:41.240> can<00:40:41.400> sell 00:40:43.190 --> 00:40:43.200 align:start position:0% tokens and then you can sell 00:40:43.200 --> 00:40:56.870 align:start position:0% tokens and then you can sell them<00:40:44.200> you<00:40:44.280> can<00:40:44.440> already<00:40:44.720> get<00:40:44.920> both<00:40:45.160> for<00:40:45.640> 100 00:40:56.870 --> 00:40:56.880 align:start position:0% 00:40:56.880 --> 00:41:26.230 align:start position:0% [Music] 00:41:26.230 --> 00:41:26.240 align:start position:0% 00:41:26.240 --> 00:42:08.630 align:start position:0% 6<00:41:27.720> that's<00:41:28.000> good 00:42:08.630 --> 00:42:08.640 align:start position:0% 00:42:08.640 --> 00:42:11.390 align:start position:0% yeah<00:42:09.640> if<00:42:09.760> you<00:42:09.880> want<00:42:10.079> you<00:42:10.200> can<00:42:10.359> also<00:42:11.160> you<00:42:11.240> can 00:42:11.390 --> 00:42:11.400 align:start position:0% yeah if you want you can also you can 00:42:11.400 --> 00:42:16.349 align:start position:0% yeah if you want you can also you can also<00:42:11.640> give<00:42:11.839> those<00:42:12.200> back<00:42:12.359> and<00:42:12.520> get 00:42:16.349 --> 00:42:16.359 align:start position:0% 00:42:16.359 --> 00:42:19.870 align:start position:0% 100<00:42:17.359> no<00:42:18.240> you<00:42:18.400> can<00:42:18.880> if<00:42:18.960> you<00:42:19.040> want<00:42:19.160> to<00:42:19.280> get<00:42:19.480> 100 00:42:19.870 --> 00:42:19.880 align:start position:0% 100 no you can if you want to get 100 00:42:19.880 --> 00:42:23.950 align:start position:0% 100 no you can if you want to get 100 you<00:42:20.000> have<00:42:20.119> to<00:42:20.200> give<00:42:20.319> a<00:42:20.480> complete 00:42:23.950 --> 00:42:23.960 align:start position:0% 00:42:23.960 --> 00:42:28.190 align:start position:0% set<00:42:24.960> you<00:42:25.319> get<00:42:25.480> the<00:42:25.720> price<00:42:26.040> just<00:42:26.319> above 00:42:28.190 --> 00:42:28.200 align:start position:0% set you get the price just above 00:42:28.200 --> 00:42:40.030 align:start position:0% set you get the price just above okay<00:42:28.760> just<00:42:29.000> above<00:42:29.559> yeah<00:42:30.000> just<00:42:30.200> above 00:42:40.030 --> 00:42:40.040 align:start position:0% 00:42:40.040 --> 00:42:44.510 align:start position:0% yeah 00:42:44.510 --> 00:42:44.520 align:start position:0% 00:42:44.520 --> 00:42:47.270 align:start position:0% no<00:42:45.520> okay<00:42:45.640> so<00:42:45.880> sometime<00:42:46.319> markets<00:42:46.920> do<00:42:47.079> not 00:42:47.270 --> 00:42:47.280 align:start position:0% no okay so sometime markets do not 00:42:47.280 --> 00:42:49.549 align:start position:0% no okay so sometime markets do not resolve<00:42:47.760> immediately<00:42:48.720> so<00:42:48.920> this<00:42:49.119> Market<00:42:49.440> is 00:42:49.549 --> 00:42:49.559 align:start position:0% resolve immediately so this Market is 00:42:49.559 --> 00:42:51.549 align:start position:0% resolve immediately so this Market is gonna<00:42:49.839> stay<00:42:50.079> on<00:42:50.680> because<00:42:50.880> for<00:42:51.079> now<00:42:51.280> it's<00:42:51.359> still 00:42:51.549 --> 00:42:51.559 align:start position:0% gonna stay on because for now it's still 00:42:51.559 --> 00:42:52.950 align:start position:0% gonna stay on because for now it's still undetermined<00:42:52.200> we<00:42:52.319> still<00:42:52.440> don't<00:42:52.599> know<00:42:52.760> if<00:42:52.839> I'm 00:42:52.950 --> 00:42:52.960 align:start position:0% undetermined we still don't know if I'm 00:42:52.960 --> 00:42:55.109 align:start position:0% undetermined we still don't know if I'm going<00:42:53.040> to<00:42:53.160> say<00:42:53.319> the<00:42:53.440> word<00:42:53.640> or<00:42:53.839> not<00:42:54.839> uh<00:42:54.960> and 00:42:55.109 --> 00:42:55.119 align:start position:0% going to say the word or not uh and 00:42:55.119 --> 00:42:58.829 align:start position:0% going to say the word or not uh and we're<00:42:55.280> going<00:42:55.359> to<00:42:55.520> go<00:42:55.680> to<00:42:56.160> another<00:42:56.599> Market 00:42:58.829 --> 00:42:58.839 align:start position:0% we're going to go to another Market 00:42:58.839 --> 00:43:01.030 align:start position:0% we're going to go to another Market so<00:42:59.079> another<00:42:59.400> type<00:42:59.599> of<00:42:59.760> Market<00:43:00.760> please 00:43:01.030 --> 00:43:01.040 align:start position:0% so another type of Market please 00:43:01.040 --> 00:43:03.270 align:start position:0% so another type of Market please everyone<00:43:01.440> everyone<00:43:01.839> we're<00:43:02.000> going<00:43:02.079> to 00:43:03.270 --> 00:43:03.280 align:start position:0% everyone everyone we're going to 00:43:03.280 --> 00:43:05.710 align:start position:0% everyone everyone we're going to explain<00:43:04.280> please<00:43:04.559> everyone<00:43:04.880> silence<00:43:05.319> a<00:43:05.440> bit 00:43:05.710 --> 00:43:05.720 align:start position:0% explain please everyone silence a bit 00:43:05.720 --> 00:43:08.630 align:start position:0% explain please everyone silence a bit thank<00:43:05.920> you<00:43:06.559> yeah<00:43:06.839> so<00:43:07.040> another<00:43:07.319> type<00:43:07.480> of<00:43:07.640> Market 00:43:08.630 --> 00:43:08.640 align:start position:0% thank you yeah so another type of Market 00:43:08.640 --> 00:43:11.549 align:start position:0% thank you yeah so another type of Market uh<00:43:08.800> is<00:43:09.040> scalar<00:43:09.440> market<00:43:10.319> so<00:43:10.800> not<00:43:10.960> only<00:43:11.200> we<00:43:11.319> can 00:43:11.549 --> 00:43:11.559 align:start position:0% uh is scalar market so not only we can 00:43:11.559 --> 00:43:14.069 align:start position:0% uh is scalar market so not only we can predict<00:43:12.319> event<00:43:13.240> but<00:43:13.359> we<00:43:13.440> can<00:43:13.559> also<00:43:13.760> try<00:43:13.920> to 00:43:14.069 --> 00:43:14.079 align:start position:0% predict event but we can also try to 00:43:14.079 --> 00:43:17.470 align:start position:0% predict event but we can also try to predict<00:43:14.720> values<00:43:15.720> so<00:43:15.960> for<00:43:16.160> example<00:43:16.680> here<00:43:17.359> we 00:43:17.470 --> 00:43:17.480 align:start position:0% predict values so for example here we 00:43:17.480 --> 00:43:19.790 align:start position:0% predict values so for example here we will<00:43:17.640> want<00:43:17.800> to<00:43:17.960> predict<00:43:18.640> the<00:43:18.839> inflation<00:43:19.319> in 00:43:19.790 --> 00:43:19.800 align:start position:0% will want to predict the inflation in 00:43:19.800 --> 00:43:23.470 align:start position:0% will want to predict the inflation in 2015<00:43:20.800> and<00:43:20.920> to<00:43:21.160> do<00:43:21.359> that<00:43:22.280> we<00:43:22.480> set<00:43:22.640> up<00:43:22.760> a<00:43:22.920> range<00:43:23.359> we 00:43:23.470 --> 00:43:23.480 align:start position:0% 2015 and to do that we set up a range we 00:43:23.480 --> 00:43:24.990 align:start position:0% 2015 and to do that we set up a range we can<00:43:23.599> say<00:43:23.800> from<00:43:24.000> zero<00:43:24.280> to 00:43:24.990 --> 00:43:25.000 align:start position:0% can say from zero to 00:43:25.000 --> 00:43:27.670 align:start position:0% can say from zero to 10%<00:43:26.000> and<00:43:26.160> now<00:43:26.319> we<00:43:26.440> will<00:43:26.640> have<00:43:26.800> some<00:43:27.160> up<00:43:27.359> token 00:43:27.670 --> 00:43:27.680 align:start position:0% 10% and now we will have some up token 00:43:27.680 --> 00:43:30.950 align:start position:0% 10% and now we will have some up token and<00:43:27.880> down<00:43:28.359> token<00:43:29.359> so<00:43:29.640> if<00:43:29.760> the<00:43:29.960> inflation<00:43:30.559> is 00:43:30.950 --> 00:43:30.960 align:start position:0% and down token so if the inflation is 00:43:30.960 --> 00:43:32.710 align:start position:0% and down token so if the inflation is higher<00:43:31.960> than 00:43:32.710 --> 00:43:32.720 align:start position:0% higher than 00:43:32.720 --> 00:43:36.270 align:start position:0% higher than 10%<00:43:33.720> the<00:43:33.920> up<00:43:34.119> token<00:43:34.400> are<00:43:34.520> going<00:43:34.599> to<00:43:35.119> redeem<00:43:36.119> if 00:43:36.270 --> 00:43:36.280 align:start position:0% 10% the up token are going to redeem if 00:43:36.280 --> 00:43:39.950 align:start position:0% 10% the up token are going to redeem if the<00:43:36.440> inflation<00:43:37.079> is<00:43:37.920> lower<00:43:38.440> or<00:43:38.640> 0%<00:43:39.520> the<00:43:39.720> down 00:43:39.950 --> 00:43:39.960 align:start position:0% the inflation is lower or 0% the down 00:43:39.960 --> 00:43:43.390 align:start position:0% the inflation is lower or 0% the down token<00:43:40.200> is<00:43:40.319> going<00:43:40.440> to<00:43:40.920> redeem<00:43:41.920> but<00:43:42.280> if<00:43:43.240> the 00:43:43.390 --> 00:43:43.400 align:start position:0% token is going to redeem but if the 00:43:43.400 --> 00:43:45.349 align:start position:0% token is going to redeem but if the inflation<00:43:43.839> is<00:43:44.079> actually<00:43:44.480> within<00:43:44.800> the<00:43:44.960> range 00:43:45.349 --> 00:43:45.359 align:start position:0% inflation is actually within the range 00:43:45.359 --> 00:43:47.150 align:start position:0% inflation is actually within the range so<00:43:45.559> between<00:43:45.839> 0o<00:43:46.119> and 00:43:47.150 --> 00:43:47.160 align:start position:0% so between 0o and 00:43:47.160 --> 00:43:50.829 align:start position:0% so between 0o and 10%<00:43:48.160> both<00:43:48.440> tokens<00:43:49.160> are<00:43:49.359> going<00:43:49.520> to<00:43:49.839> redeem 00:43:50.829 --> 00:43:50.839 align:start position:0% 10% both tokens are going to redeem 00:43:50.839 --> 00:43:53.390 align:start position:0% 10% both tokens are going to redeem proportionally<00:43:51.720> so<00:43:51.880> if<00:43:52.000> it's<00:43:52.160> 8%<00:43:53.000> the<00:43:53.160> up 00:43:53.390 --> 00:43:53.400 align:start position:0% proportionally so if it's 8% the up 00:43:53.400 --> 00:43:56.710 align:start position:0% proportionally so if it's 8% the up token<00:43:53.640> is<00:43:53.760> going<00:43:53.839> to<00:43:54.000> redeem<00:43:54.839> for<00:43:55.520> uh<00:43:55.640> 80<00:43:56.040> cent 00:43:56.710 --> 00:43:56.720 align:start position:0% token is going to redeem for uh 80 cent 00:43:56.720 --> 00:43:59.030 align:start position:0% token is going to redeem for uh 80 cent and<00:43:57.119> done<00:43:57.319> token<00:43:57.559> is<00:43:57.640> going<00:43:57.720> to<00:43:57.880> redeem<00:43:58.200> for<00:43:58.319> 20 00:43:59.030 --> 00:43:59.040 align:start position:0% and done token is going to redeem for 20 00:43:59.040 --> 00:44:01.150 align:start position:0% and done token is going to redeem for 20 cent<00:44:00.040> so<00:44:00.240> this<00:44:00.359> is<00:44:00.520> interesting<00:44:00.960> because 00:44:01.150 --> 00:44:01.160 align:start position:0% cent so this is interesting because 00:44:01.160 --> 00:44:02.790 align:start position:0% cent so this is interesting because that's<00:44:01.280> how<00:44:01.400> you<00:44:01.480> can<00:44:01.640> estimate<00:44:02.000> value<00:44:02.359> and<00:44:02.720> if 00:44:02.790 --> 00:44:02.800 align:start position:0% that's how you can estimate value and if 00:44:02.800 --> 00:44:04.630 align:start position:0% that's how you can estimate value and if you<00:44:02.920> saw<00:44:03.160> at<00:44:03.280> the<00:44:03.359> start<00:44:03.559> of<00:44:03.680> the<00:44:03.800> workshop<00:44:04.559> I 00:44:04.630 --> 00:44:04.640 align:start position:0% you saw at the start of the workshop I 00:44:04.640 --> 00:44:07.109 align:start position:0% you saw at the start of the workshop I was<00:44:04.760> showing<00:44:05.079> you<00:44:05.240> the<00:44:05.440> Bitcoin<00:44:05.839> price<00:44:06.119> market 00:44:07.109 --> 00:44:07.119 align:start position:0% was showing you the Bitcoin price market 00:44:07.119 --> 00:44:08.790 align:start position:0% was showing you the Bitcoin price market and<00:44:07.359> this<00:44:07.520> was<00:44:07.720> the<00:44:07.839> scalar<00:44:08.200> Market<00:44:08.599> to 00:44:08.790 --> 00:44:08.800 align:start position:0% and this was the scalar Market to 00:44:08.800 --> 00:44:11.349 align:start position:0% and this was the scalar Market to estimate<00:44:09.559> the<00:44:09.680> value<00:44:09.920> of<00:44:10.000> the<00:44:10.119> Bitcoin 00:44:11.349 --> 00:44:11.359 align:start position:0% estimate the value of the Bitcoin 00:44:11.359 --> 00:44:15.589 align:start position:0% estimate the value of the Bitcoin price<00:44:12.359> so<00:44:12.680> now<00:44:12.880> we're<00:44:13.079> going<00:44:13.160> to<00:44:13.359> go<00:44:14.400> to<00:44:15.400> this 00:44:15.589 --> 00:44:15.599 align:start position:0% price so now we're going to go to this 00:44:15.599 --> 00:44:17.870 align:start position:0% price so now we're going to go to this Market<00:44:16.119> about<00:44:16.400> my<00:44:16.599> age<00:44:17.119> so<00:44:17.280> you<00:44:17.400> can<00:44:17.520> go<00:44:17.640> on<00:44:17.760> the 00:44:17.870 --> 00:44:17.880 align:start position:0% Market about my age so you can go on the 00:44:17.880 --> 00:44:21.870 align:start position:0% Market about my age so you can go on the age<00:44:18.400> market<00:44:19.400> and<00:44:19.640> the<00:44:19.800> goal<00:44:20.000> is<00:44:20.079> to<00:44:20.280> find<00:44:21.200> uh 00:44:21.870 --> 00:44:21.880 align:start position:0% age market and the goal is to find uh 00:44:21.880 --> 00:44:25.270 align:start position:0% age market and the goal is to find uh old<00:44:22.240> I<00:44:22.359> am<00:44:23.000> so<00:44:23.240> if<00:44:23.400> I'm<00:44:23.640> like<00:44:23.800> 40<00:44:24.240> for<00:44:24.440> example 00:44:25.270 --> 00:44:25.280 align:start position:0% old I am so if I'm like 40 for example 00:44:25.280 --> 00:44:28.109 align:start position:0% old I am so if I'm like 40 for example the<00:44:25.559> up<00:44:25.839> token<00:44:26.480> will<00:44:26.680> redeem 00:44:28.109 --> 00:44:28.119 align:start position:0% the up token will redeem 00:44:28.119 --> 00:44:32.750 align:start position:0% the up token will redeem for<00:44:29.119> 40<00:44:30.040> and<00:44:30.160> the<00:44:30.319> Don<00:44:30.599> token<00:44:31.160> will<00:44:31.400> redeem<00:44:32.000> for 00:44:32.750 --> 00:44:32.760 align:start position:0% for 40 and the Don token will redeem for 00:44:32.760 --> 00:44:35.510 align:start position:0% for 40 and the Don token will redeem for 60<00:44:33.760> so<00:44:34.000> everyone<00:44:34.520> know<00:44:35.000> and<00:44:35.160> keep<00:44:35.359> the 00:44:35.510 --> 00:44:35.520 align:start position:0% 60 so everyone know and keep the 00:44:35.520 --> 00:44:37.549 align:start position:0% 60 so everyone know and keep the previous<00:44:35.880> Market<00:44:36.720> the<00:44:36.880> previous<00:44:37.240> Market 00:44:37.549 --> 00:44:37.559 align:start position:0% previous Market the previous Market 00:44:37.559 --> 00:44:39.190 align:start position:0% previous Market the previous Market about<00:44:37.760> the<00:44:37.880> world<00:44:38.160> it's<00:44:38.319> still<00:44:38.559> open<00:44:38.880> you<00:44:39.000> can 00:44:39.190 --> 00:44:39.200 align:start position:0% about the world it's still open you can 00:44:39.200 --> 00:44:43.190 align:start position:0% about the world it's still open you can still<00:44:39.800> trade<00:44:40.040> on<00:44:40.160> it<00:44:40.319> if<00:44:40.400> you<00:44:40.520> want<00:44:40.760> at<00:44:40.880> some 00:44:43.190 --> 00:44:43.200 align:start position:0% 00:44:43.200 --> 00:44:47.589 align:start position:0% point<00:44:44.200> so<00:44:44.480> open<00:44:45.000> the<00:44:45.119> speaker<00:44:45.480> AG 00:44:47.589 --> 00:44:47.599 align:start position:0% point so open the speaker AG 00:44:47.599 --> 00:44:50.510 align:start position:0% point so open the speaker AG market<00:44:48.599> and<00:44:48.800> in<00:44:49.040> this 00:44:50.510 --> 00:44:50.520 align:start position:0% market and in this 00:44:50.520 --> 00:44:53.430 align:start position:0% market and in this market<00:44:51.520> you<00:44:51.960> you<00:44:52.079> obviously<00:44:52.400> know<00:44:52.599> I'm<00:44:52.760> not<00:44:53.319> a 00:44:53.430 --> 00:44:53.440 align:start position:0% market you you obviously know I'm not a 00:44:53.440 --> 00:44:56.630 align:start position:0% market you you obviously know I'm not a negative<00:44:53.880> age<00:44:54.400> and<00:44:54.680> I'm<00:44:55.040> not<00:44:55.359> 100<00:44:55.599> years<00:44:55.800> old 00:44:56.630 --> 00:44:56.640 align:start position:0% negative age and I'm not 100 years old 00:44:56.640 --> 00:44:59.150 align:start position:0% negative age and I'm not 100 years old so<00:44:57.440> the<00:44:57.599> tokens<00:44:57.880> are<00:44:58.040> going<00:44:58.160> to<00:44:58.319> redeem<00:44:58.880> not 00:44:59.150 --> 00:44:59.160 align:start position:0% so the tokens are going to redeem not 00:44:59.160 --> 00:45:00.870 align:start position:0% so the tokens are going to redeem not completely<00:44:59.839> both<00:45:00.079> token<00:45:00.319> are<00:45:00.480> going<00:45:00.559> to 00:45:00.870 --> 00:45:00.880 align:start position:0% completely both token are going to 00:45:00.880 --> 00:45:03.030 align:start position:0% completely both token are going to redeem<00:45:01.880> but<00:45:02.040> you<00:45:02.200> you<00:45:02.319> don't<00:45:02.480> know<00:45:02.680> exactly 00:45:03.030 --> 00:45:03.040 align:start position:0% redeem but you you don't know exactly 00:45:03.040 --> 00:45:04.990 align:start position:0% redeem but you you don't know exactly for<00:45:03.240> how<00:45:03.400> much<00:45:03.839> so<00:45:04.000> if<00:45:04.119> I'm<00:45:04.319> older<00:45:04.680> the<00:45:04.800> up 00:45:04.990 --> 00:45:05.000 align:start position:0% for how much so if I'm older the up 00:45:05.000 --> 00:45:06.390 align:start position:0% for how much so if I'm older the up token<00:45:05.200> is<00:45:05.280> going<00:45:05.359> to<00:45:05.440> read<00:45:05.720> more<00:45:06.160> if<00:45:06.280> I'm 00:45:06.390 --> 00:45:06.400 align:start position:0% token is going to read more if I'm 00:45:06.400 --> 00:45:07.870 align:start position:0% token is going to read more if I'm younger<00:45:06.800> the<00:45:06.920> D<00:45:07.119> token<00:45:07.319> is<00:45:07.400> going<00:45:07.520> to<00:45:07.599> read 00:45:07.870 --> 00:45:07.880 align:start position:0% younger the D token is going to read 00:45:07.880 --> 00:45:31.770 align:start position:0% younger the D token is going to read more 00:45:31.770 --> 00:45:31.780 align:start position:0% 00:45:31.780 --> 00:45:46.950 align:start position:0% [Music] 00:45:46.950 --> 00:45:46.960 align:start position:0% 00:45:46.960 --> 00:45:54.150 align:start position:0% yeah<00:45:47.960> that's 00:45:54.150 --> 00:45:54.160 align:start position:0% 00:45:54.160 --> 00:45:58.589 align:start position:0% E<00:45:55.160> I<00:45:55.280> know<00:45:55.599> but<00:45:55.760> I'm<00:45:55.839> not<00:45:56.000> going<00:45:56.079> to<00:45:56.240> reveal<00:45:56.520> it 00:45:58.589 --> 00:45:58.599 align:start position:0% E I know but I'm not going to reveal it 00:45:58.599 --> 00:46:41.870 align:start position:0% E I know but I'm not going to reveal it at<00:45:58.760> least<00:45:58.920> not<00:45:59.160> yet 00:46:41.870 --> 00:46:41.880 align:start position:0% 00:46:41.880 --> 00:46:44.430 align:start position:0% that's<00:46:42.119> B<00:46:42.559> you<00:46:42.720> have<00:46:42.960> B<00:46:43.160> you<00:46:43.280> don't<00:46:43.440> have<00:46:43.599> B<00:46:44.319> I 00:46:44.430 --> 00:46:44.440 align:start position:0% that's B you have B you don't have B I 00:46:44.440 --> 00:46:50.630 align:start position:0% that's B you have B you don't have B I can<00:46:44.640> give<00:46:44.760> you<00:46:44.880> a 00:46:50.630 --> 00:46:50.640 align:start position:0% 00:46:50.640 --> 00:46:54.309 align:start position:0% b<00:46:51.640> we<00:46:51.800> don't<00:46:52.119> have<00:46:52.319> the<00:46:52.480> speaker<00:46:53.000> on<00:46:54.000> we<00:46:54.160> don't 00:46:54.309 --> 00:46:54.319 align:start position:0% b we don't have the speaker on we don't 00:46:54.319 --> 00:47:04.309 align:start position:0% b we don't have the speaker on we don't have<00:46:54.480> speakers 00:47:04.309 --> 00:47:04.319 align:start position:0% 00:47:04.319 --> 00:47:05.440 align:start position:0% or<00:47:04.520> D 00:47:05.440 --> 00:47:05.450 align:start position:0% or D 00:47:05.450 --> 00:47:11.309 align:start position:0% or D [Music] 00:47:11.309 --> 00:47:11.319 align:start position:0% 00:47:11.319 --> 00:47:15.069 align:start position:0% and<00:47:12.319> so<00:47:12.480> if<00:47:12.559> you<00:47:12.760> missing<00:47:13.079> it<00:47:13.200> I<00:47:13.760> have<00:47:14.760> B<00:47:14.880> is 00:47:15.069 --> 00:47:15.079 align:start position:0% and so if you missing it I have B is 00:47:15.079 --> 00:47:18.750 align:start position:0% and so if you missing it I have B is candle<00:47:15.760> B<00:47:15.920> is 00:47:18.750 --> 00:47:18.760 align:start position:0% 00:47:18.760 --> 00:47:22.630 align:start position:0% candle<00:47:19.760> no<00:47:20.079> m<00:47:20.599> in<00:47:20.720> each<00:47:20.920> P<00:47:21.920> okay<00:47:22.079> it's<00:47:22.280> not<00:47:22.440> only 00:47:22.630 --> 00:47:22.640 align:start position:0% candle no m in each P okay it's not only 00:47:22.640 --> 00:47:28.510 align:start position:0% candle no m in each P okay it's not only one<00:47:22.839> thing<00:47:23.400> so<00:47:24.200> you<00:47:24.359> have<00:47:24.520> it<00:47:24.880> this<00:47:25.000> is 00:47:28.510 --> 00:47:28.520 align:start position:0% 00:47:28.520 --> 00:47:50.390 align:start position:0% or<00:47:29.520> we 00:47:50.390 --> 00:47:50.400 align:start position:0% 00:47:50.400 --> 00:47:53.309 align:start position:0% don'tk<00:47:51.400> is<00:47:51.520> that<00:47:51.680> Pro<00:47:51.880> 7<00:47:52.520> the<00:47:52.640> starting<00:47:53.000> prices 00:47:53.309 --> 00:47:53.319 align:start position:0% don'tk is that Pro 7 the starting prices 00:47:53.319 --> 00:47:59.670 align:start position:0% don'tk is that Pro 7 the starting prices for<00:47:53.599> these<00:47:54.599> so 00:47:59.670 --> 00:47:59.680 align:start position:0% 00:47:59.680 --> 00:48:03.190 align:start position:0% starting<00:48:00.160> there<00:48:01.359> okay<00:48:02.359> so<00:48:02.640> what<00:48:02.800> which<00:48:02.960> token 00:48:03.190 --> 00:48:03.200 align:start position:0% starting there okay so what which token 00:48:03.200 --> 00:48:10.589 align:start position:0% starting there okay so what which token you<00:48:03.319> want<00:48:03.440> to 00:48:10.589 --> 00:48:10.599 align:start position:0% 00:48:10.599 --> 00:48:15.510 align:start position:0% buy<00:48:11.599> so<00:48:11.760> you<00:48:11.839> want<00:48:11.960> to<00:48:12.119> buy<00:48:12.920> okay<00:48:13.040> so<00:48:13.160> you<00:48:13.319> pay 00:48:15.510 --> 00:48:15.520 align:start position:0% buy so you want to buy okay so you pay 00:48:15.520 --> 00:48:19.430 align:start position:0% buy so you want to buy okay so you pay 30<00:48:16.520> the<00:48:16.680> price<00:48:16.920> increases<00:48:17.599> here<00:48:18.440> and<00:48:18.599> you<00:48:18.760> get 00:48:19.430 --> 00:48:19.440 align:start position:0% 30 the price increases here and you get 00:48:19.440 --> 00:48:22.750 align:start position:0% 30 the price increases here and you get the<00:48:20.440> no<00:48:20.559> that's<00:48:20.720> the<00:48:20.880> weight<00:48:21.240> that's<00:48:21.440> not<00:48:21.760> this 00:48:22.750 --> 00:48:22.760 align:start position:0% the no that's the weight that's not this 00:48:22.760 --> 00:48:25.309 align:start position:0% the no that's the weight that's not this this<00:48:22.880> is 00:48:25.309 --> 00:48:25.319 align:start position:0% 00:48:25.319 --> 00:48:28.390 align:start position:0% the<00:48:26.319> that<00:48:26.440> wasn't 00:48:28.390 --> 00:48:28.400 align:start position:0% the that wasn't 00:48:28.400 --> 00:48:31.430 align:start position:0% the that wasn't so<00:48:29.400> if<00:48:29.520> you<00:48:29.800> bu<00:48:30.000> so<00:48:30.599> so<00:48:30.839> here<00:48:31.040> you<00:48:31.119> are<00:48:31.280> not 00:48:31.430 --> 00:48:31.440 align:start position:0% so if you bu so so here you are not 00:48:31.440 --> 00:48:34.069 align:start position:0% so if you bu so so here you are not necessarily<00:48:31.960> betting<00:48:32.960> on<00:48:33.240> something<00:48:33.760> in<00:48:33.880> the 00:48:34.069 --> 00:48:34.079 align:start position:0% necessarily betting on something in the 00:48:34.079 --> 00:48:36.150 align:start position:0% necessarily betting on something in the abstract<00:48:35.000> you<00:48:35.160> are<00:48:35.319> looking<00:48:35.559> at<00:48:35.680> the<00:48:35.800> current 00:48:36.150 --> 00:48:36.160 align:start position:0% abstract you are looking at the current 00:48:36.160 --> 00:48:40.750 align:start position:0% abstract you are looking at the current price<00:48:37.119> so<00:48:37.440> here<00:48:37.680> your<00:48:37.960> price<00:48:38.559> is<00:48:39.240> 32<00:48:40.240> so<00:48:40.520> if<00:48:40.599> you 00:48:40.750 --> 00:48:40.760 align:start position:0% price so here your price is 32 so if you 00:48:40.760 --> 00:48:43.030 align:start position:0% price so here your price is 32 so if you think<00:48:41.040> that<00:48:41.200> I<00:48:41.319> am<00:48:41.559> older<00:48:41.960> than<00:48:42.119> 32<00:48:42.640> you<00:48:42.800> should 00:48:43.030 --> 00:48:43.040 align:start position:0% think that I am older than 32 you should 00:48:43.040 --> 00:48:51.430 align:start position:0% think that I am older than 32 you should buy 00:48:51.430 --> 00:48:51.440 align:start position:0% 00:48:51.440 --> 00:48:54.109 align:start position:0% up 00:48:54.109 --> 00:48:54.119 align:start position:0% up 00:48:54.119 --> 00:48:56.390 align:start position:0% up exactly<00:48:55.119> so<00:48:55.280> you<00:48:55.359> should<00:48:55.680> have<00:48:55.920> your<00:48:56.160> like<00:48:56.280> for 00:48:56.390 --> 00:48:56.400 align:start position:0% exactly so you should have your like for 00:48:56.400 --> 00:48:57.870 align:start position:0% exactly so you should have your like for yourself<00:48:56.839> you<00:48:56.920> should<00:48:57.079> have<00:48:57.200> some<00:48:57.440> estimate 00:48:57.870 --> 00:48:57.880 align:start position:0% yourself you should have some estimate 00:48:57.880 --> 00:49:00.910 align:start position:0% yourself you should have some estimate of<00:48:58.040> what<00:48:58.160> is<00:48:58.319> my<00:48:58.520> age<00:48:59.119> you<00:48:59.240> look<00:48:59.400> at<00:48:59.520> the<00:48:59.920> market 00:49:00.910 --> 00:49:00.920 align:start position:0% of what is my age you look at the market 00:49:00.920 --> 00:49:02.990 align:start position:0% of what is my age you look at the market is<00:49:01.040> the<00:49:01.200> market<00:49:01.480> correct<00:49:02.040> don't<00:49:02.240> do 00:49:02.990 --> 00:49:03.000 align:start position:0% is the market correct don't do 00:49:03.000 --> 00:49:05.109 align:start position:0% is the market correct don't do anything<00:49:04.000> if<00:49:04.280> the<00:49:04.400> market<00:49:04.760> you<00:49:04.839> think<00:49:05.000> is 00:49:05.109 --> 00:49:05.119 align:start position:0% anything if the market you think is 00:49:05.119 --> 00:49:07.990 align:start position:0% anything if the market you think is incorrect<00:49:05.799> you<00:49:05.920> can<00:49:06.079> either<00:49:06.359> buy<00:49:06.640> up<00:49:06.839> or<00:49:07.079> down 00:49:07.990 --> 00:49:08.000 align:start position:0% incorrect you can either buy up or down 00:49:08.000 --> 00:49:09.789 align:start position:0% incorrect you can either buy up or down whether<00:49:08.200> or<00:49:08.400> not<00:49:08.839> you<00:49:08.960> think<00:49:09.200> this<00:49:09.359> Market<00:49:09.640> is 00:49:09.789 --> 00:49:09.799 align:start position:0% whether or not you think this Market is 00:49:09.799 --> 00:49:13.589 align:start position:0% whether or not you think this Market is too<00:49:10.040> high<00:49:10.200> or<00:49:10.319> too 00:49:13.589 --> 00:49:13.599 align:start position:0% 00:49:13.599 --> 00:49:16.789 align:start position:0% lowet<00:49:14.599> it<00:49:14.760> says<00:49:15.079> I'm<00:49:15.280> 32<00:49:15.839> here<00:49:16.119> here<00:49:16.280> I<00:49:16.400> say<00:49:16.559> I 00:49:16.789 --> 00:49:16.799 align:start position:0% lowet it says I'm 32 here here I say I 00:49:16.799 --> 00:49:19.150 align:start position:0% lowet it says I'm 32 here here I say I 32 00:49:19.150 --> 00:49:19.160 align:start position:0% 32 00:49:19.160 --> 00:49:21.750 align:start position:0% 32 exactly<00:49:20.160> this<00:49:20.280> is<00:49:20.559> the<00:49:20.799> price<00:49:21.079> of<00:49:21.240> the<00:49:21.400> da 00:49:21.750 --> 00:49:21.760 align:start position:0% exactly this is the price of the da 00:49:21.760 --> 00:49:25.030 align:start position:0% exactly this is the price of the da token<00:49:22.760> the<00:49:22.920> da<00:49:23.240> token<00:49:23.599> is<00:49:23.720> going<00:49:23.839> to<00:49:24.040> redeem 00:49:25.030 --> 00:49:25.040 align:start position:0% token the da token is going to redeem 00:49:25.040 --> 00:49:31.510 align:start position:0% token the da token is going to redeem 200<00:49:25.480> minus<00:49:25.799> my<00:49:25.960> age 00:49:31.510 --> 00:49:31.520 align:start position:0% 00:49:31.520 --> 00:49:34.870 align:start position:0% so<00:49:32.520> so<00:49:32.680> if<00:49:32.760> you<00:49:32.839> think<00:49:33.040> that<00:49:33.200> I<00:49:33.280> am<00:49:33.799> younger<00:49:34.799> if 00:49:34.870 --> 00:49:34.880 align:start position:0% so so if you think that I am younger if 00:49:34.880 --> 00:49:37.270 align:start position:0% so so if you think that I am younger if you<00:49:35.000> think<00:49:35.160> that<00:49:35.280> I<00:49:35.359> am<00:49:35.480> younger<00:49:35.880> than<00:49:36.160> 30<00:49:37.160> you 00:49:37.270 --> 00:49:37.280 align:start position:0% you think that I am younger than 30 you 00:49:37.280 --> 00:49:53.789 align:start position:0% you think that I am younger than 30 you can<00:49:37.440> buy<00:49:37.599> the<00:49:37.720> Don 00:49:53.789 --> 00:49:53.799 align:start position:0% 00:49:53.799 --> 00:49:57.230 align:start position:0% token<00:49:55.200> yeah<00:49:56.200> minute 00:49:57.230 --> 00:49:57.240 align:start position:0% token yeah minute 00:49:57.240 --> 00:49:59.950 align:start position:0% token yeah minute yeah<00:49:57.760> uh<00:49:57.920> I<00:49:58.040> just<00:49:58.160> came<00:49:58.400> late<00:49:58.599> so<00:49:58.839> I<00:49:59.640> end<00:49:59.799> the 00:49:59.950 --> 00:49:59.960 align:start position:0% yeah uh I just came late so I end the 00:49:59.960 --> 00:50:02.069 align:start position:0% yeah uh I just came late so I end the session<00:50:00.520> so<00:50:00.720> what<00:50:00.799> is<00:50:00.960> this<00:50:01.119> game<00:50:01.280> all<00:50:01.440> about 00:50:02.069 --> 00:50:02.079 align:start position:0% session so what is this game all about 00:50:02.079 --> 00:50:04.710 align:start position:0% session so what is this game all about can<00:50:02.200> you<00:50:02.799> pick<00:50:02.920> up<00:50:03.040> a<00:50:03.200> pod<00:50:03.799> pick<00:50:03.960> up<00:50:04.079> a<00:50:04.200> pod<00:50:04.400> and 00:50:04.710 --> 00:50:04.720 align:start position:0% can you pick up a pod pick up a pod and 00:50:04.720 --> 00:50:07.230 align:start position:0% can you pick up a pod pick up a pod and ask 00:50:07.230 --> 00:50:07.240 align:start position:0% 00:50:07.240 --> 00:50:10.870 align:start position:0% the<00:50:08.240> you<00:50:08.359> need<00:50:08.520> an<00:50:08.799> Oracle<00:50:09.799> and<00:50:10.280> I'm<00:50:10.640> working 00:50:10.870 --> 00:50:10.880 align:start position:0% the you need an Oracle and I'm working 00:50:10.880 --> 00:50:13.710 align:start position:0% the you need an Oracle and I'm working at<00:50:11.000> Clos<00:50:11.359> which<00:50:11.440> is 00:50:13.710 --> 00:50:13.720 align:start position:0% 00:50:13.720 --> 00:50:32.789 align:start position:0% Oracle<00:50:14.720> hi 00:50:32.789 --> 00:50:32.799 align:start position:0% 00:50:32.799 --> 00:50:37.510 align:start position:0% let<00:50:32.880> me<00:50:33.040> see 00:50:37.510 --> 00:50:37.520 align:start position:0% 00:50:37.520 --> 00:50:47.230 align:start position:0% your<00:50:38.520> I<00:50:38.760> I<00:50:38.839> saved<00:50:39.200> two<00:50:39.400> days 00:50:47.230 --> 00:50:47.240 align:start position:0% 00:50:47.240 --> 00:50:49.270 align:start position:0% ago 00:50:49.270 --> 00:50:49.280 align:start position:0% ago 00:50:49.280 --> 00:50:53.549 align:start position:0% ago what<00:50:50.280> the<00:50:50.520> maximum<00:50:50.920> is 00:50:53.549 --> 00:50:53.559 align:start position:0% 00:50:53.559 --> 00:50:57.470 align:start position:0% 100<00:50:54.559> so<00:50:55.520> the<00:50:55.720> age<00:50:56.000> up<00:50:56.240> token<00:50:56.720> is<00:50:56.839> redeeming<00:50:57.240> for 00:50:57.470 --> 00:50:57.480 align:start position:0% 100 so the age up token is redeeming for 00:50:57.480 --> 00:51:00.470 align:start position:0% 100 so the age up token is redeeming for my<00:50:57.760> age<00:50:58.480> the<00:50:58.720> age<00:50:59.079> Don<00:50:59.440> token<00:50:59.880> is<00:51:00.040> redeeming 00:51:00.470 --> 00:51:00.480 align:start position:0% my age the age Don token is redeeming 00:51:00.480 --> 00:51:09.230 align:start position:0% my age the age Don token is redeeming for<00:51:00.880> 100<00:51:01.400> minus<00:51:01.799> my 00:51:09.230 --> 00:51:09.240 align:start position:0% 00:51:09.240 --> 00:51:10.990 align:start position:0% age 00:51:10.990 --> 00:51:11.000 align:start position:0% age 00:51:11.000 --> 00:51:14.270 align:start position:0% age yeah<00:51:12.000> this<00:51:12.160> is<00:51:12.359> one<00:51:12.720> is<00:51:12.960> younger 00:51:14.270 --> 00:51:14.280 align:start position:0% yeah this is one is younger 00:51:14.280 --> 00:51:18.510 align:start position:0% yeah this is one is younger here<00:51:15.280> this<00:51:15.400> is<00:51:15.640> age<00:51:15.880> up<00:51:16.880> no<00:51:17.040> no<00:51:17.280> no<00:51:18.079> age<00:51:18.319> down 00:51:18.510 --> 00:51:18.520 align:start position:0% here this is age up no no no age down 00:51:18.520 --> 00:51:20.829 align:start position:0% here this is age up no no no age down this<00:51:18.599> one<00:51:18.720> is<00:51:18.839> age<00:51:19.079> down<00:51:19.400> age 00:51:20.829 --> 00:51:20.839 align:start position:0% this one is age down age 00:51:20.839 --> 00:51:23.190 align:start position:0% this one is age down age down 00:51:23.190 --> 00:51:23.200 align:start position:0% down 00:51:23.200 --> 00:51:28.510 align:start position:0% down yeah<00:51:24.200> I<00:51:24.400> think<00:51:25.319> by<00:51:25.480> orell<00:51:26.000> if<00:51:26.119> I<00:51:26.240> think 00:51:28.510 --> 00:51:28.520 align:start position:0% yeah I think by orell if I think 00:51:28.520 --> 00:51:32.549 align:start position:0% yeah I think by orell if I think so<00:51:29.520> you<00:51:30.079> so<00:51:30.359> here<00:51:31.000> it's<00:51:31.160> not<00:51:31.400> about<00:51:31.920> exact<00:51:32.280> just 00:51:32.549 --> 00:51:32.559 align:start position:0% so you so here it's not about exact just 00:51:32.559 --> 00:51:34.829 align:start position:0% so you so here it's not about exact just what<00:51:32.680> you<00:51:32.799> think<00:51:33.440> it's<00:51:33.680> about<00:51:34.079> whether<00:51:34.680> you 00:51:34.829 --> 00:51:34.839 align:start position:0% what you think it's about whether you 00:51:34.839 --> 00:51:38.309 align:start position:0% what you think it's about whether you think<00:51:35.079> the<00:51:35.280> market<00:51:36.119> is<00:51:36.400> overvaluing<00:51:37.359> or 00:51:38.309 --> 00:51:38.319 align:start position:0% think the market is overvaluing or 00:51:38.319 --> 00:51:41.150 align:start position:0% think the market is overvaluing or undervaluing<00:51:39.319> so<00:51:39.680> here<00:51:40.200> you<00:51:40.319> have 00:51:41.150 --> 00:51:41.160 align:start position:0% undervaluing so here you have 00:51:41.160 --> 00:51:47.589 align:start position:0% undervaluing so here you have 68<00:51:42.160> so<00:51:42.400> if<00:51:42.599> you<00:51:42.799> think<00:51:43.880> that<00:51:44.880> I<00:51:45.000> am<00:51:45.760> uh<00:51:46.599> younger 00:51:47.589 --> 00:51:47.599 align:start position:0% 68 so if you think that I am uh younger 00:51:47.599 --> 00:51:50.030 align:start position:0% 68 so if you think that I am uh younger than<00:51:48.160> no<00:51:48.400> younger<00:51:48.760> than 00:51:50.030 --> 00:51:50.040 align:start position:0% than no younger than 00:51:50.040 --> 00:51:52.349 align:start position:0% than no younger than 32<00:51:51.040> younger<00:51:51.440> than<00:51:51.559> 32<00:51:51.920> because<00:51:52.079> you<00:51:52.160> have<00:51:52.240> to 00:51:52.349 --> 00:51:52.359 align:start position:0% 32 younger than 32 because you have to 00:51:52.359 --> 00:51:54.589 align:start position:0% 32 younger than 32 because you have to do<00:51:52.559> 100<00:51:52.839> minus<00:51:53.079> the<00:51:53.240> price<00:51:54.200> if<00:51:54.240> you<00:51:54.359> think<00:51:54.480> that 00:51:54.589 --> 00:51:54.599 align:start position:0% do 100 minus the price if you think that 00:51:54.599 --> 00:51:57.150 align:start position:0% do 100 minus the price if you think that I<00:51:54.680> am<00:51:54.799> younger<00:51:55.119> than<00:51:55.280> 32<00:51:55.680> you<00:51:55.760> should<00:51:55.960> buy<00:51:56.960> and 00:51:57.150 --> 00:51:57.160 align:start position:0% I am younger than 32 you should buy and 00:51:57.160 --> 00:51:59.750 align:start position:0% I am younger than 32 you should buy and if<00:51:57.240> you<00:51:57.440> think<00:51:57.960> that<00:51:58.359> I<00:51:58.480> am<00:51:58.680> older<00:51:59.079> than<00:51:59.240> 30<00:51:59.680> you 00:51:59.750 --> 00:51:59.760 align:start position:0% if you think that I am older than 30 you 00:51:59.760 --> 00:52:02.270 align:start position:0% if you think that I am older than 30 you should<00:52:00.040> buy<00:52:00.319> the<00:52:00.599> up<00:52:00.839> token 00:52:02.270 --> 00:52:02.280 align:start position:0% should buy the up token 00:52:02.280 --> 00:52:07.030 align:start position:0% should buy the up token okay<00:52:03.280> think<00:52:03.640> get 00:52:07.030 --> 00:52:07.040 align:start position:0% 00:52:07.040 --> 00:52:12.090 align:start position:0% it<00:52:08.040> so<00:52:08.359> how<00:52:08.559> old<00:52:08.720> do<00:52:08.799> you<00:52:08.920> think<00:52:09.119> I<00:52:09.280> am<00:52:10.559> 34<00:52:11.559> or 00:52:12.090 --> 00:52:12.100 align:start position:0% it so how old do you think I am 34 or 00:52:12.100 --> 00:52:24.270 align:start position:0% it so how old do you think I am 34 or [Music] 00:52:24.270 --> 00:52:24.280 align:start position:0% 00:52:24.280 --> 00:52:26.990 align:start position:0% 30<00:52:25.280> yes 00:52:26.990 --> 00:52:27.000 align:start position:0% 30 yes 00:52:27.000 --> 00:52:31.230 align:start position:0% 30 yes you<00:52:27.119> need 00:52:31.230 --> 00:52:31.240 align:start position:0% 00:52:31.240 --> 00:52:32.870 align:start position:0% what 00:52:32.870 --> 00:52:32.880 align:start position:0% what 00:52:32.880 --> 00:52:36.870 align:start position:0% what so<00:52:34.359> here<00:52:35.359> you<00:52:35.480> are<00:52:35.599> not<00:52:35.760> making<00:52:36.000> a<00:52:36.160> bet<00:52:36.359> in<00:52:36.480> the 00:52:36.870 --> 00:52:36.880 align:start position:0% so here you are not making a bet in the 00:52:36.880 --> 00:52:40.589 align:start position:0% so here you are not making a bet in the abstract<00:52:37.880> but<00:52:38.000> you<00:52:38.119> are<00:52:38.319> predicting<00:52:39.599> whether 00:52:40.589 --> 00:52:40.599 align:start position:0% abstract but you are predicting whether 00:52:40.599 --> 00:52:43.109 align:start position:0% abstract but you are predicting whether uh<00:52:40.839> my<00:52:41.119> age<00:52:41.799> is<00:52:42.000> higher<00:52:42.319> or<00:52:42.480> lower<00:52:42.799> than<00:52:43.000> what 00:52:43.109 --> 00:52:43.119 align:start position:0% uh my age is higher or lower than what 00:52:43.119 --> 00:52:44.710 align:start position:0% uh my age is higher or lower than what this<00:52:43.280> Market<00:52:43.559> is<00:52:43.720> currently<00:52:44.079> giving 00:52:44.710 --> 00:52:44.720 align:start position:0% this Market is currently giving 00:52:44.720 --> 00:52:47.349 align:start position:0% this Market is currently giving currently<00:52:45.119> the<00:52:45.280> market<00:52:45.720> is<00:52:45.880> giving<00:52:46.200> 30<00:52:47.079> so<00:52:47.240> if 00:52:47.349 --> 00:52:47.359 align:start position:0% currently the market is giving 30 so if 00:52:47.359 --> 00:52:49.829 align:start position:0% currently the market is giving 30 so if you<00:52:47.440> think<00:52:47.680> that<00:52:47.839> I<00:52:47.920> am<00:52:48.079> older<00:52:48.520> than<00:52:48.720> 30<00:52:49.599> you 00:52:49.829 --> 00:52:49.839 align:start position:0% you think that I am older than 30 you 00:52:49.839 --> 00:52:53.109 align:start position:0% you think that I am older than 30 you should<00:52:50.079> buy<00:52:50.319> the<00:52:50.520> age<00:52:50.799> up<00:52:51.319> token<00:52:52.319> if<00:52:52.440> you<00:52:52.599> think 00:52:53.109 --> 00:52:53.119 align:start position:0% should buy the age up token if you think 00:52:53.119 --> 00:52:57.069 align:start position:0% should buy the age up token if you think that<00:52:53.280> I<00:52:53.400> am<00:52:53.599> younger<00:52:54.720> than<00:52:55.720> uh<00:52:56.720> how<00:52:56.839> much<00:52:56.960> you 00:52:57.069 --> 00:52:57.079 align:start position:0% that I am younger than uh how much you 00:52:57.079 --> 00:52:59.470 align:start position:0% that I am younger than uh how much you have<00:52:57.160> to<00:52:57.319> pay<00:52:57.480> for<00:52:57.640> that<00:52:58.040> then<00:52:59.000> how<00:52:59.119> much<00:52:59.240> do<00:52:59.359> I 00:52:59.470 --> 00:52:59.480 align:start position:0% have to pay for that then how much do I 00:52:59.480 --> 00:53:01.230 align:start position:0% have to pay for that then how much do I have<00:52:59.599> to<00:52:59.680> pay<00:53:00.160> cost<00:53:00.440> for 00:53:01.230 --> 00:53:01.240 align:start position:0% have to pay cost for 00:53:01.240 --> 00:53:04.349 align:start position:0% have to pay cost for that<00:53:02.240> well<00:53:02.359> it's<00:53:02.599> here<00:53:02.760> you<00:53:02.839> can<00:53:02.960> see 00:53:04.349 --> 00:53:04.359 align:start position:0% that well it's here you can see 00:53:04.359 --> 00:53:07.910 align:start position:0% that well it's here you can see here<00:53:05.359> so<00:53:05.520> if<00:53:05.599> you<00:53:05.720> want<00:53:05.839> to<00:53:06.000> buy<00:53:06.200> the<00:53:06.440> age<00:53:07.000> up 00:53:07.910 --> 00:53:07.920 align:start position:0% here so if you want to buy the age up 00:53:07.920 --> 00:53:10.309 align:start position:0% here so if you want to buy the age up token<00:53:08.920> it's<00:53:09.200> uh 00:53:10.309 --> 00:53:10.319 align:start position:0% token it's uh 00:53:10.319 --> 00:53:14.230 align:start position:0% token it's uh 30<00:53:11.319> and<00:53:11.440> it's<00:53:11.559> going<00:53:11.680> to<00:53:12.119> redeem<00:53:13.119> for<00:53:13.559> my<00:53:13.839> age 00:53:14.230 --> 00:53:14.240 align:start position:0% 30 and it's going to redeem for my age 00:53:14.240 --> 00:53:16.829 align:start position:0% 30 and it's going to redeem for my age so<00:53:14.400> if<00:53:14.480> you<00:53:14.559> think<00:53:14.760> that<00:53:14.920> my<00:53:15.079> age<00:53:15.280> is<00:53:15.520> above<00:53:15.880> 30 00:53:16.829 --> 00:53:16.839 align:start position:0% so if you think that my age is above 30 00:53:16.839 --> 00:53:19.230 align:start position:0% so if you think that my age is above 30 you<00:53:16.960> will<00:53:17.119> make<00:53:17.280> some<00:53:17.599> profit<00:53:18.599> but<00:53:18.760> if<00:53:18.880> my<00:53:19.040> age 00:53:19.230 --> 00:53:19.240 align:start position:0% you will make some profit but if my age 00:53:19.240 --> 00:53:21.910 align:start position:0% you will make some profit but if my age is<00:53:19.640> under<00:53:20.640> if<00:53:20.760> it's<00:53:20.920> under<00:53:21.160> 30<00:53:21.520> you<00:53:21.599> will<00:53:21.720> lose 00:53:21.910 --> 00:53:21.920 align:start position:0% is under if it's under 30 you will lose 00:53:21.920 --> 00:53:24.270 align:start position:0% is under if it's under 30 you will lose some<00:53:22.319> money<00:53:23.319> so<00:53:23.480> you<00:53:23.599> are<00:53:23.720> not<00:53:23.880> making<00:53:24.119> a 00:53:24.270 --> 00:53:24.280 align:start position:0% some money so you are not making a 00:53:24.280 --> 00:53:26.030 align:start position:0% some money so you are not making a prediction<00:53:24.640> in<00:53:24.760> the<00:53:24.960> abstract<00:53:25.720> you<00:53:25.839> are 00:53:26.030 --> 00:53:26.040 align:start position:0% prediction in the abstract you are 00:53:26.040 --> 00:53:27.710 align:start position:0% prediction in the abstract you are predicting<00:53:26.520> toward<00:53:26.799> the<00:53:26.920> value<00:53:27.240> not<00:53:27.440> just<00:53:27.599> an 00:53:27.710 --> 00:53:27.720 align:start position:0% predicting toward the value not just an 00:53:27.720 --> 00:53:30.030 align:start position:0% predicting toward the value not just an outcome<00:53:28.160> toward<00:53:28.440> the<00:53:28.559> value<00:53:29.359> and<00:53:29.680> for<00:53:29.880> that 00:53:30.030 --> 00:53:30.040 align:start position:0% outcome toward the value and for that 00:53:30.040 --> 00:53:36.030 align:start position:0% outcome toward the value and for that you<00:53:30.160> have<00:53:30.240> to<00:53:30.359> look<00:53:30.520> at<00:53:30.680> market 00:53:36.030 --> 00:53:36.040 align:start position:0% 00:53:36.040 --> 00:53:38.349 align:start position:0% prices<00:53:37.040> the<00:53:37.200> age<00:53:37.440> up<00:53:37.640> is<00:53:37.760> the<00:53:37.880> one<00:53:38.079> with<00:53:38.240> the 00:53:38.349 --> 00:53:38.359 align:start position:0% prices the age up is the one with the 00:53:38.359 --> 00:53:40.230 align:start position:0% prices the age up is the one with the old<00:53:38.680> guy<00:53:38.839> and<00:53:39.000> the<00:53:39.119> age<00:53:39.359> down<00:53:39.559> is<00:53:39.640> the<00:53:39.839> guy<00:53:40.040> with 00:53:40.230 --> 00:53:40.240 align:start position:0% old guy and the age down is the guy with 00:53:40.240 --> 00:53:51.030 align:start position:0% old guy and the age down is the guy with one<00:53:40.359> with<00:53:40.440> the<00:53:40.680> young 00:53:51.030 --> 00:53:51.040 align:start position:0% 00:53:51.040 --> 00:54:10.430 align:start position:0% guy<00:53:52.040> so<00:53:52.240> I'm<00:53:52.359> 34<00:53:53.160> here<00:53:53.559> okay 00:54:10.430 --> 00:54:10.440 align:start position:0% 00:54:10.440 --> 00:54:20.549 align:start position:0% I'm<00:54:10.599> 36 00:54:20.549 --> 00:54:20.559 align:start position:0% 00:54:20.559 --> 00:54:28.230 align:start position:0% here<00:54:21.559> yeah 00:54:28.230 --> 00:54:28.240 align:start position:0% 00:54:28.240 --> 00:54:31.990 align:start position:0% yeah<00:54:29.240> so<00:54:30.000> if<00:54:30.119> you<00:54:30.200> think<00:54:30.440> that<00:54:30.599> I'm<00:54:30.839> older<00:54:31.280> than 00:54:31.990 --> 00:54:32.000 align:start position:0% yeah so if you think that I'm older than 00:54:32.000 --> 00:54:35.270 align:start position:0% yeah so if you think that I'm older than 30<00:54:33.000> you<00:54:33.119> can<00:54:33.359> buy<00:54:33.799> age<00:54:34.079> up<00:54:34.839> because<00:54:35.040> it's<00:54:35.160> going 00:54:35.270 --> 00:54:35.280 align:start position:0% 30 you can buy age up because it's going 00:54:35.280 --> 00:54:38.030 align:start position:0% 30 you can buy age up because it's going to<00:54:35.400> redeem<00:54:35.680> for<00:54:35.839> my<00:54:36.440> age<00:54:37.440> if<00:54:37.559> you<00:54:37.640> think<00:54:37.839> that<00:54:37.960> I 00:54:38.030 --> 00:54:38.040 align:start position:0% to redeem for my age if you think that I 00:54:38.040 --> 00:54:42.109 align:start position:0% to redeem for my age if you think that I am<00:54:38.240> younger<00:54:39.240> you<00:54:39.359> can<00:54:39.559> buy<00:54:39.880> age<00:54:40.559> down<00:54:41.559> okay 00:54:42.109 --> 00:54:42.119 align:start position:0% am younger you can buy age down okay 00:54:42.119 --> 00:54:45.030 align:start position:0% am younger you can buy age down okay because<00:54:42.880> so<00:54:43.240> that's<00:54:44.079> because<00:54:44.359> Age<00:54:44.599> dawn<00:54:44.920> is 00:54:45.030 --> 00:54:45.040 align:start position:0% because so that's because Age dawn is 00:54:45.040 --> 00:54:53.349 align:start position:0% because so that's because Age dawn is gonna<00:54:45.319> redeem<00:54:46.400> 400<00:54:47.400> minus<00:54:47.839> my 00:54:53.349 --> 00:54:53.359 align:start position:0% 00:54:53.359 --> 00:54:55.829 align:start position:0% age<00:54:54.359> oh<00:54:54.920> just<00:54:55.040> put<00:54:55.200> this<00:54:55.319> one<00:54:55.480> this<00:54:55.599> one<00:54:55.720> is 00:54:55.829 --> 00:54:55.839 align:start position:0% age oh just put this one this one is 00:54:55.839 --> 00:54:57.829 align:start position:0% age oh just put this one this one is just<00:54:56.040> in<00:54:56.520> just<00:54:56.680> like<00:54:57.000> three<00:54:57.359> this<00:54:57.440> one<00:54:57.680> just 00:54:57.829 --> 00:54:57.839 align:start position:0% just in just like three this one just 00:54:57.839 --> 00:54:59.230 align:start position:0% just in just like three this one just three<00:54:58.040> of 00:54:59.230 --> 00:54:59.240 align:start position:0% three of 00:54:59.240 --> 00:55:01.470 align:start position:0% three of this<00:55:00.240> so<00:55:00.440> don't<00:55:00.599> don't<00:55:00.760> bother<00:55:01.079> with<00:55:01.200> this<00:55:01.319> one 00:55:01.470 --> 00:55:01.480 align:start position:0% this so don't don't bother with this one 00:55:01.480 --> 00:55:03.109 align:start position:0% this so don't don't bother with this one just<00:55:01.599> in<00:55:01.720> case<00:55:01.880> you<00:55:01.960> had<00:55:02.119> too<00:55:02.240> many<00:55:02.400> people<00:55:02.720> but 00:55:03.109 --> 00:55:03.119 align:start position:0% just in case you had too many people but 00:55:03.119 --> 00:55:06.390 align:start position:0% just in case you had too many people but okay 00:55:06.390 --> 00:55:06.400 align:start position:0% 00:55:06.400 --> 00:55:12.390 align:start position:0% okay<00:55:07.400> this<00:55:07.480> is<00:55:07.599> the<00:55:07.720> token<00:55:08.000> you<00:55:08.079> want<00:55:08.200> to<00:55:08.319> use 00:55:12.390 --> 00:55:12.400 align:start position:0% 00:55:12.400 --> 00:55:15.549 align:start position:0% yeah<00:55:13.400> yeah<00:55:13.720> so<00:55:13.960> here<00:55:14.119> you<00:55:14.240> have<00:55:14.359> to<00:55:14.520> look<00:55:15.400> at 00:55:15.549 --> 00:55:15.559 align:start position:0% yeah yeah so here you have to look at 00:55:15.559 --> 00:55:17.950 align:start position:0% yeah yeah so here you have to look at the<00:55:15.760> market<00:55:16.760> and<00:55:16.920> if<00:55:17.000> you<00:55:17.119> think<00:55:17.319> the<00:55:17.480> market 00:55:17.950 --> 00:55:17.960 align:start position:0% the market and if you think the market 00:55:17.960 --> 00:55:18.750 align:start position:0% the market and if you think the market is 00:55:18.750 --> 00:55:18.760 align:start position:0% is 00:55:18.760 --> 00:55:23.029 align:start position:0% is underestimating<00:55:19.760> or<00:55:20.079> overestimating<00:55:21.039> my 00:55:23.029 --> 00:55:23.039 align:start position:0% underestimating or overestimating my 00:55:23.039 --> 00:55:25.470 align:start position:0% underestimating or overestimating my age<00:55:24.039> so<00:55:24.359> here<00:55:24.520> if<00:55:24.599> you<00:55:24.680> think<00:55:24.880> that<00:55:25.000> I<00:55:25.079> am<00:55:25.200> older 00:55:25.470 --> 00:55:25.480 align:start position:0% age so here if you think that I am older 00:55:25.480 --> 00:55:27.029 align:start position:0% age so here if you think that I am older than<00:55:25.680> 30<00:55:26.000> you<00:55:26.079> should<00:55:26.319> should<00:55:26.440> buy<00:55:26.680> up<00:55:26.880> if<00:55:26.960> you 00:55:27.029 --> 00:55:27.039 align:start position:0% than 30 you should should buy up if you 00:55:27.039 --> 00:55:32.829 align:start position:0% than 30 you should should buy up if you think<00:55:27.200> that<00:55:27.319> I<00:55:27.440> am<00:55:27.559> younger<00:55:28.240> you<00:55:28.319> should<00:55:28.559> buy 00:55:32.829 --> 00:55:32.839 align:start position:0% 00:55:32.839 --> 00:55:36.029 align:start position:0% down<00:55:33.839> you<00:55:34.039> done<00:55:34.839> so<00:55:35.119> it's<00:55:35.440> you<00:55:35.640> for<00:55:35.760> now<00:55:35.920> you 00:55:36.029 --> 00:55:36.039 align:start position:0% down you done so it's you for now you 00:55:36.039 --> 00:55:38.950 align:start position:0% down you done so it's you for now you have<00:55:36.160> to<00:55:36.280> pay 00:55:38.950 --> 00:55:38.960 align:start position:0% 00:55:38.960 --> 00:55:41.470 align:start position:0% 70<00:55:39.960> and<00:55:40.160> and<00:55:40.359> this<00:55:40.559> token<00:55:40.839> is<00:55:40.920> going<00:55:41.039> to<00:55:41.160> redeem 00:55:41.470 --> 00:55:41.480 align:start position:0% 70 and and this token is going to redeem 00:55:41.480 --> 00:55:45.390 align:start position:0% 70 and and this token is going to redeem for<00:55:41.720> 100<00:55:41.960> minus<00:55:42.359> my 00:55:45.390 --> 00:55:45.400 align:start position:0% 00:55:45.400 --> 00:55:48.109 align:start position:0% age<00:55:46.400> this<00:55:46.520> one<00:55:46.680> is<00:55:46.960> 100<00:55:47.280> minus<00:55:47.599> my<00:55:47.720> age<00:55:48.000> this 00:55:48.109 --> 00:55:48.119 align:start position:0% age this one is 100 minus my age this 00:55:48.119 --> 00:55:50.670 align:start position:0% age this one is 100 minus my age this one<00:55:48.240> is<00:55:48.359> my 00:55:50.670 --> 00:55:50.680 align:start position:0% 00:55:50.680 --> 00:55:52.390 align:start position:0% age 00:55:52.390 --> 00:55:52.400 align:start position:0% age 00:55:52.400 --> 00:55:57.349 align:start position:0% age yeah<00:55:53.400> yeah<00:55:54.160> it's 00:55:57.349 --> 00:55:57.359 align:start position:0% 00:55:57.359 --> 00:55:58.910 align:start position:0% you<00:55:57.480> can<00:55:57.640> mint<00:55:57.880> a<00:55:58.000> complete<00:55:58.280> set<00:55:58.480> and<00:55:58.559> sell<00:55:58.799> the 00:55:58.910 --> 00:55:58.920 align:start position:0% you can mint a complete set and sell the 00:55:58.920 --> 00:56:01.470 align:start position:0% you can mint a complete set and sell the age<00:55:59.119> down<00:55:59.359> if<00:55:59.440> you<00:55:59.520> want<00:55:59.799> to<00:56:00.799> so<00:56:01.119> to<00:56:01.200> me<00:56:01.400> a 00:56:01.470 --> 00:56:01.480 align:start position:0% age down if you want to so to me a 00:56:01.480 --> 00:56:03.710 align:start position:0% age down if you want to so to me a complete<00:56:01.760> set<00:56:01.880> you<00:56:02.000> give<00:56:02.240> 100<00:56:02.440> and<00:56:02.559> you<00:56:02.640> get 00:56:03.710 --> 00:56:03.720 align:start position:0% complete set you give 100 and you get 00:56:03.720 --> 00:56:07.710 align:start position:0% complete set you give 100 and you get both<00:56:04.720> yeah<00:56:05.599> you<00:56:05.960> 100<00:56:06.160> you 00:56:07.710 --> 00:56:07.720 align:start position:0% both yeah you 100 you 00:56:07.720 --> 00:56:12.950 align:start position:0% both yeah you 100 you get 00:56:12.950 --> 00:56:12.960 align:start position:0% 00:56:12.960 --> 00:56:16.870 align:start position:0% and<00:56:13.960> what<00:56:14.240> is<00:56:14.400> that<00:56:14.559> the<00:56:14.680> idea<00:56:15.079> yeah 00:56:16.870 --> 00:56:16.880 align:start position:0% and what is that the idea yeah 00:56:16.880 --> 00:56:19.470 align:start position:0% and what is that the idea yeah buy<00:56:17.880> if<00:56:18.160> if<00:56:18.280> the<00:56:18.480> price<00:56:18.720> are<00:56:18.960> too<00:56:19.160> much 00:56:19.470 --> 00:56:19.480 align:start position:0% buy if if the price are too much 00:56:19.480 --> 00:56:22.510 align:start position:0% buy if if the price are too much diverging<00:56:20.480> that's<00:56:20.680> a<00:56:21.319> profitable<00:56:21.799> strategy 00:56:22.510 --> 00:56:22.520 align:start position:0% diverging that's a profitable strategy 00:56:22.520 --> 00:56:24.150 align:start position:0% diverging that's a profitable strategy to<00:56:22.720> give<00:56:23.000> 100<00:56:23.200> and<00:56:23.359> get<00:56:23.480> both<00:56:23.839> sometime<00:56:24.079> you 00:56:24.150 --> 00:56:24.160 align:start position:0% to give 100 and get both sometime you 00:56:24.160 --> 00:56:26.870 align:start position:0% to give 100 and get both sometime you can<00:56:24.280> make<00:56:24.480> profit<00:56:24.720> by<00:56:24.839> doing<00:56:25.119> that 00:56:26.870 --> 00:56:26.880 align:start position:0% can make profit by doing that 00:56:26.880 --> 00:56:29.910 align:start position:0% can make profit by doing that and<00:56:27.039> and<00:56:27.240> this<00:56:27.359> is<00:56:27.599> the<00:56:28.359> AG<00:56:29.119> like<00:56:29.680> it's<00:56:29.799> going 00:56:29.910 --> 00:56:29.920 align:start position:0% and and this is the AG like it's going 00:56:29.920 --> 00:56:32.150 align:start position:0% and and this is the AG like it's going to<00:56:30.079> resolve<00:56:30.599> to<00:56:30.760> your<00:56:30.960> actual<00:56:31.319> age<00:56:31.640> to<00:56:31.760> my<00:56:31.920> age 00:56:32.150 --> 00:56:32.160 align:start position:0% to resolve to your actual age to my age 00:56:32.160 --> 00:57:04.270 align:start position:0% to resolve to your actual age to my age yeah 00:57:04.270 --> 00:57:04.280 align:start position:0% 00:57:04.280 --> 00:57:05.829 align:start position:0% okay<00:57:04.440> if<00:57:04.520> you<00:57:04.640> have<00:57:04.760> any<00:57:04.920> last<00:57:05.200> question 00:57:05.829 --> 00:57:05.839 align:start position:0% okay if you have any last question 00:57:05.839 --> 00:57:09.589 align:start position:0% okay if you have any last question before<00:57:06.039> we<00:57:06.160> close<00:57:06.400> the 00:57:09.589 --> 00:57:09.599 align:start position:0% 00:57:09.599 --> 00:57:12.230 align:start position:0% market<00:57:10.599> okay<00:57:10.760> so<00:57:10.920> now<00:57:11.079> we<00:57:11.200> GNA<00:57:11.480> we<00:57:11.559> are<00:57:11.720> closing 00:57:12.230 --> 00:57:12.240 align:start position:0% market okay so now we GNA we are closing 00:57:12.240 --> 00:57:15.230 align:start position:0% market okay so now we GNA we are closing the<00:57:12.440> age<00:57:12.920> Market<00:57:13.920> the<00:57:14.079> World<00:57:14.400> Market<00:57:14.760> is<00:57:14.880> still 00:57:15.230 --> 00:57:15.240 align:start position:0% the age Market the World Market is still 00:57:15.240 --> 00:57:18.029 align:start position:0% the age Market the World Market is still there<00:57:15.960> so<00:57:16.599> everyone<00:57:16.960> we<00:57:17.079> are<00:57:17.200> closing<00:57:17.599> the<00:57:17.760> age 00:57:18.029 --> 00:57:18.039 align:start position:0% there so everyone we are closing the age 00:57:18.039 --> 00:57:22.990 align:start position:0% there so everyone we are closing the age market<00:57:18.880> amm<00:57:19.880> and<00:57:20.520> I'm<00:57:21.240> 32<00:57:22.240> so<00:57:22.480> this<00:57:22.599> means<00:57:22.839> the 00:57:22.990 --> 00:57:23.000 align:start position:0% market amm and I'm 32 so this means the 00:57:23.000 --> 00:57:25.190 align:start position:0% market amm and I'm 32 so this means the up<00:57:23.240> token<00:57:23.520> are<00:57:23.680> going<00:57:23.760> to<00:57:23.920> redeem<00:57:24.240> for<00:57:24.440> 32<00:57:25.039> and 00:57:25.190 --> 00:57:25.200 align:start position:0% up token are going to redeem for 32 and 00:57:25.200 --> 00:57:28.430 align:start position:0% up token are going to redeem for 32 and the<00:57:25.359> down<00:57:26.280> for 00:57:28.430 --> 00:57:28.440 align:start position:0% the down for 00:57:28.440 --> 00:57:32.270 align:start position:0% the down for 68<00:57:29.440> I've<00:57:29.599> look<00:57:29.799> at<00:57:29.920> a<00:57:30.039> few<00:57:30.319> pod<00:57:31.160> and<00:57:31.319> we<00:57:31.440> could 00:57:32.270 --> 00:57:32.280 align:start position:0% 68 I've look at a few pod and we could 00:57:32.280 --> 00:57:35.829 align:start position:0% 68 I've look at a few pod and we could see<00:57:33.280> the<00:57:33.480> age<00:57:33.760> in<00:57:33.880> the<00:57:34.039> Pod<00:57:34.319> was<00:57:34.520> between<00:57:34.799> 30<00:57:35.200> to 00:57:35.829 --> 00:57:35.839 align:start position:0% see the age in the Pod was between 30 to 00:57:35.839 --> 00:57:39.990 align:start position:0% see the age in the Pod was between 30 to 36<00:57:36.839> so<00:57:37.680> maybe<00:57:37.960> on<00:57:38.359> average<00:57:38.640> maybe<00:57:38.880> 33<00:57:39.720> so<00:57:39.880> we 00:57:39.990 --> 00:57:40.000 align:start position:0% 36 so maybe on average maybe 33 so we 00:57:40.000 --> 00:57:41.549 align:start position:0% 36 so maybe on average maybe 33 so we can<00:57:40.079> see<00:57:40.240> we<00:57:40.359> had<00:57:40.440> a<00:57:40.559> pretty<00:57:40.799> nice<00:57:41.079> estimation 00:57:41.549 --> 00:57:41.559 align:start position:0% can see we had a pretty nice estimation 00:57:41.559 --> 00:57:52.150 align:start position:0% can see we had a pretty nice estimation of<00:57:41.720> my<00:57:41.880> age<00:57:42.200> with<00:57:42.319> this 00:57:52.150 --> 00:57:52.160 align:start position:0% 00:57:52.160 --> 00:57:56.230 align:start position:0% mechanism<00:57:53.160> so<00:57:53.319> you<00:57:53.400> can<00:57:53.559> redeem<00:57:53.920> your<00:57:54.119> token 00:57:56.230 --> 00:57:56.240 align:start position:0% mechanism so you can redeem your token 00:57:56.240 --> 00:57:57.309 align:start position:0% mechanism so you can redeem your token yeah<00:57:56.359> if<00:57:56.440> you<00:57:56.520> have<00:57:56.640> any<00:57:56.839> question<00:57:57.119> don't 00:57:57.309 --> 00:57:57.319 align:start position:0% yeah if you have any question don't 00:57:57.319 --> 00:57:58.670 align:start position:0% yeah if you have any question don't hesitate<00:57:57.599> to<00:57:57.720> raise<00:57:57.920> your<00:57:58.079> hand<00:57:58.280> and<00:57:58.440> I<00:57:58.520> will 00:57:58.670 --> 00:57:58.680 align:start position:0% hesitate to raise your hand and I will 00:57:58.680 --> 00:58:01.670 align:start position:0% hesitate to raise your hand and I will come 00:58:01.670 --> 00:58:01.680 align:start position:0% 00:58:01.680 --> 00:58:04.549 align:start position:0% help 00:58:04.549 --> 00:58:04.559 align:start position:0% help 00:58:04.559 --> 00:58:09.430 align:start position:0% help yeah<00:58:05.559> from<00:58:06.240> ogre<00:58:07.240> um<00:58:08.000> Clos<00:58:08.480> is<00:58:08.680> a<00:58:09.000> let's<00:58:09.160> say<00:58:09.280> a 00:58:09.430 --> 00:58:09.440 align:start position:0% yeah from ogre um Clos is a let's say a 00:58:09.440 --> 00:58:12.349 align:start position:0% yeah from ogre um Clos is a let's say a scalable<00:58:10.000> version<00:58:10.280> of<00:58:10.440> ogre<00:58:11.440> and<00:58:11.599> also<00:58:11.839> allows 00:58:12.349 --> 00:58:12.359 align:start position:0% scalable version of ogre and also allows 00:58:12.359 --> 00:58:14.309 align:start position:0% scalable version of ogre and also allows a<00:58:12.520> different<00:58:12.839> sort<00:58:13.039> of<00:58:13.160> use<00:58:13.440> cases<00:58:13.960> because<00:58:14.200> we 00:58:14.309 --> 00:58:14.319 align:start position:0% a different sort of use cases because we 00:58:14.319 --> 00:58:18.789 align:start position:0% a different sort of use cases because we have<00:58:14.760> a<00:58:15.760> tree<00:58:16.160> of<00:58:16.400> Courts<00:58:17.400> we<00:58:17.520> have<00:58:17.640> a<00:58:17.720> tree<00:58:17.960> of 00:58:18.789 --> 00:58:18.799 align:start position:0% have a tree of Courts we have a tree of 00:58:18.799 --> 00:58:20.990 align:start position:0% have a tree of Courts we have a tree of Courts<00:58:19.799> yeah<00:58:19.920> so<00:58:20.200> orur<00:58:20.480> is<00:58:20.599> just<00:58:20.760> doing 00:58:20.990 --> 00:58:21.000 align:start position:0% Courts yeah so orur is just doing 00:58:21.000 --> 00:58:22.549 align:start position:0% Courts yeah so orur is just doing prediction<00:58:21.400> Market<00:58:21.960> well<00:58:22.160> well<00:58:22.240> no<00:58:22.359> he's<00:58:22.440> not 00:58:22.549 --> 00:58:22.559 align:start position:0% prediction Market well well no he's not 00:58:22.559 --> 00:58:26.390 align:start position:0% prediction Market well well no he's not doing<00:58:22.720> much<00:58:22.960> because<00:58:23.119> he<00:58:23.359> more<00:58:23.799> dead<00:58:24.680> uh 00:58:26.390 --> 00:58:26.400 align:start position:0% doing much because he more dead uh 00:58:26.400 --> 00:58:28.309 align:start position:0% doing much because he more dead uh but<00:58:26.839> uh<00:58:27.520> for<00:58:27.640> claros<00:58:28.039> you<00:58:28.119> can<00:58:28.200> have 00:58:28.309 --> 00:58:28.319 align:start position:0% but uh for claros you can have 00:58:28.319 --> 00:58:29.990 align:start position:0% but uh for claros you can have prediction<00:58:28.720> Market<00:58:29.280> You<00:58:29.359> Can<00:58:29.520> Have<00:58:29.720> Anything 00:58:29.990 --> 00:58:30.000 align:start position:0% prediction Market You Can Have Anything 00:58:30.000 --> 00:58:32.029 align:start position:0% prediction Market You Can Have Anything You<00:58:30.119> Can<00:58:30.200> Have<00:58:30.559> curation<00:58:31.559> you<00:58:31.640> can<00:58:31.720> have<00:58:31.839> some 00:58:32.029 --> 00:58:32.039 align:start position:0% You Can Have curation you can have some 00:58:32.039 --> 00:58:34.349 align:start position:0% You Can Have curation you can have some insurance<00:58:33.039> and<00:58:33.440> as<00:58:33.520> a<00:58:33.640> jural<00:58:34.079> you're<00:58:34.160> going<00:58:34.280> to 00:58:34.349 --> 00:58:34.359 align:start position:0% insurance and as a jural you're going to 00:58:34.359 --> 00:58:36.750 align:start position:0% insurance and as a jural you're going to stti<00:58:34.559> in<00:58:34.680> a<00:58:34.839> particular<00:58:35.520> court<00:58:36.520> and<00:58:36.640> you're 00:58:36.750 --> 00:58:36.760 align:start position:0% stti in a particular court and you're 00:58:36.760 --> 00:58:38.549 align:start position:0% stti in a particular court and you're going<00:58:36.839> to<00:58:36.960> be<00:58:37.119> drawn<00:58:37.559> in<00:58:37.799> only<00:58:38.000> in<00:58:38.119> the<00:58:38.240> court 00:58:38.549 --> 00:58:38.559 align:start position:0% going to be drawn in only in the court 00:58:38.559 --> 00:58:40.430 align:start position:0% going to be drawn in only in the court that<00:58:38.720> you<00:58:38.880> are<00:58:39.240> specifically<00:58:39.720> want<00:58:40.000> to<00:58:40.160> be 00:58:40.430 --> 00:58:40.440 align:start position:0% that you are specifically want to be 00:58:40.440 --> 00:58:43.829 align:start position:0% that you are specifically want to be participating<00:58:41.039> in<00:58:41.839> and<00:58:42.079> also<00:58:42.400> contrary<00:58:42.880> to<00:58:43.400> um 00:58:43.829 --> 00:58:43.839 align:start position:0% participating in and also contrary to um 00:58:43.839 --> 00:58:47.630 align:start position:0% participating in and also contrary to um to<00:58:44.039> Aur<00:58:45.039> uh<00:58:45.160> with<00:58:45.319> scaros<00:58:46.240> you<00:58:46.359> will<00:58:46.839> um<00:58:47.400> be 00:58:47.630 --> 00:58:47.640 align:start position:0% to Aur uh with scaros you will um be 00:58:47.640 --> 00:58:50.589 align:start position:0% to Aur uh with scaros you will um be randomly<00:58:48.079> drawn<00:58:48.839> you<00:58:48.960> don't<00:58:49.160> H<00:58:49.480> everyone<00:58:50.240> to 00:58:50.589 --> 00:58:50.599 align:start position:0% randomly drawn you don't H everyone to 00:58:50.599 --> 00:58:53.390 align:start position:0% randomly drawn you don't H everyone to to<00:58:50.760> stake<00:58:51.119> on<00:58:51.400> anything<00:58:52.160> it's<00:58:52.400> only<00:58:53.119> uh<00:58:53.280> the 00:58:53.390 --> 00:58:53.400 align:start position:0% to stake on anything it's only uh the 00:58:53.400 --> 00:58:54.750 align:start position:0% to stake on anything it's only uh the draw<00:58:53.720> which<00:58:53.839> are 00:58:54.750 --> 00:58:54.760 align:start position:0% draw which are 00:58:54.760 --> 00:58:56.950 align:start position:0% draw which are drawn<00:58:55.760> so<00:58:56.119> most<00:58:56.200> of<00:58:56.319> the<00:58:56.400> time<00:58:56.559> it<00:58:56.640> it<00:58:56.760> takes 00:58:56.950 --> 00:58:56.960 align:start position:0% drawn so most of the time it it takes 00:58:56.960 --> 00:58:59.309 align:start position:0% drawn so most of the time it it takes only<00:58:57.119> a<00:58:57.240> small<00:58:57.480> amount<00:58:57.760> of<00:58:58.119> work<00:58:58.359> from<00:58:58.520> jals 00:58:59.309 --> 00:58:59.319 align:start position:0% only a small amount of work from jals 00:58:59.319 --> 00:59:03.630 align:start position:0% only a small amount of work from jals and 00:59:03.630 --> 00:59:03.640 align:start position:0% 00:59:03.640 --> 00:59:06.029 align:start position:0% thenur<00:59:04.640> is<00:59:04.720> a<00:59:04.839> bit<00:59:05.000> similar<00:59:05.359> but<00:59:05.799> also<00:59:05.960> you 00:59:06.029 --> 00:59:06.039 align:start position:0% thenur is a bit similar but also you 00:59:06.039 --> 00:59:07.789 align:start position:0% thenur is a bit similar but also you choose<00:59:06.359> your<00:59:06.520> own<00:59:06.760> dispute<00:59:07.200> while<00:59:07.280> in<00:59:07.440> Clos 00:59:07.789 --> 00:59:07.799 align:start position:0% choose your own dispute while in Clos 00:59:07.799 --> 00:59:09.430 align:start position:0% choose your own dispute while in Clos you<00:59:07.920> don't<00:59:08.400> in<00:59:08.520> Clos<00:59:08.839> you<00:59:08.880> choose<00:59:09.079> your<00:59:09.200> court 00:59:09.430 --> 00:59:09.440 align:start position:0% you don't in Clos you choose your court 00:59:09.440 --> 00:59:11.190 align:start position:0% you don't in Clos you choose your court but<00:59:09.559> not<00:59:09.640> your<00:59:09.760> own<00:59:09.920> dispute<00:59:10.480> but<00:59:10.680> both 00:59:11.190 --> 00:59:11.200 align:start position:0% but not your own dispute but both 00:59:11.200 --> 00:59:13.349 align:start position:0% but not your own dispute but both project<00:59:12.200> like<00:59:12.359> both<00:59:12.559> mechanism<00:59:13.000> are<00:59:13.160> pretty 00:59:13.349 --> 00:59:13.359 align:start position:0% project like both mechanism are pretty 00:59:13.359 --> 00:59:16.510 align:start position:0% project like both mechanism are pretty similar<00:59:14.280> because<00:59:14.480> we<00:59:14.599> are<00:59:14.760> both<00:59:15.440> taking<00:59:16.440> we 00:59:16.510 --> 00:59:16.520 align:start position:0% similar because we are both taking we 00:59:16.520 --> 00:59:19.029 align:start position:0% similar because we are both taking we are<00:59:16.680> both<00:59:16.880> taking<00:59:17.599> this<00:59:17.799> from<00:59:18.079> trustcoin<00:59:18.839> so 00:59:19.029 --> 00:59:19.039 align:start position:0% are both taking this from trustcoin so 00:59:19.039 --> 00:59:21.630 align:start position:0% are both taking this from trustcoin so trustcoin<00:59:19.599> was<00:59:20.079> this<00:59:20.160> Ching<00:59:20.599> mechanism<00:59:21.440> made 00:59:21.630 --> 00:59:21.640 align:start position:0% trustcoin was this Ching mechanism made 00:59:21.640 --> 00:59:23.910 align:start position:0% trustcoin was this Ching mechanism made by<00:59:21.799> po<00:59:22.000> star<00:59:22.400> except<00:59:22.640> the<00:59:22.760> guy<00:59:22.880> was<00:59:22.960> a<00:59:23.079> maxi<00:59:23.599> bit 00:59:23.910 --> 00:59:23.920 align:start position:0% by po star except the guy was a maxi bit 00:59:23.920 --> 00:59:26.750 align:start position:0% by po star except the guy was a maxi bit Maxi<00:59:24.240> so<00:59:24.400> he<00:59:24.520> never<00:59:24.720> managed<00:59:25.000> to<00:59:25.079> release<00:59:25.440> the 00:59:26.750 --> 00:59:26.760 align:start position:0% Maxi so he never managed to release the 00:59:26.760 --> 00:59:27.670 align:start position:0% Maxi so he never managed to release the it<00:59:26.920> was 00:59:27.670 --> 00:59:27.680 align:start position:0% it was 00:59:27.680 --> 00:59:29.549 align:start position:0% it was trustcoin<00:59:28.680> trustcoin<00:59:29.119> set<00:59:29.280> up<00:59:29.440> this 00:59:29.549 --> 00:59:29.559 align:start position:0% trustcoin trustcoin set up this 00:59:29.559 --> 00:59:31.789 align:start position:0% trustcoin trustcoin set up this mechanism<00:59:30.079> initially<00:59:31.079> uh<00:59:31.240> but<00:59:31.400> they<00:59:31.559> never 00:59:31.789 --> 00:59:31.799 align:start position:0% mechanism initially uh but they never 00:59:31.799 --> 00:59:33.470 align:start position:0% mechanism initially uh but they never release<00:59:32.359> like<00:59:32.480> the<00:59:32.599> guy<00:59:32.799> was<00:59:33.000> wanted<00:59:33.240> to<00:59:33.319> make 00:59:33.470 --> 00:59:33.480 align:start position:0% release like the guy was wanted to make 00:59:33.480 --> 00:59:37.829 align:start position:0% release like the guy was wanted to make it<00:59:33.559> on<00:59:33.720> bitcoin<00:59:34.160> which<00:59:34.359> was<00:59:35.079> I<00:59:35.200> think 00:59:37.829 --> 00:59:37.839 align:start position:0% it on bitcoin which was I think 00:59:37.839 --> 00:59:40.710 align:start position:0% it on bitcoin which was I think invisible<00:59:38.839> and<00:59:39.200> uh<00:59:39.440> oh<00:59:39.599> uma<00:59:39.880> uma<00:59:40.160> is<00:59:40.359> looking<00:59:40.599> a 00:59:40.710 --> 00:59:40.720 align:start position:0% invisible and uh oh uma uma is looking a 00:59:40.720 --> 00:59:43.309 align:start position:0% invisible and uh oh uma uma is looking a bit<00:59:41.000> similar 00:59:43.309 --> 00:59:43.319 align:start position:0% bit similar 00:59:43.319 --> 00:59:44.990 align:start position:0% bit similar to 00:59:44.990 --> 00:59:45.000 align:start position:0% to 00:59:45.000 --> 00:59:48.510 align:start position:0% to mechanism<00:59:46.079> um<00:59:47.079> or<00:59:47.640> it's<00:59:47.720> a<00:59:47.799> mix<00:59:48.000> of<00:59:48.119> both<00:59:48.319> let's 00:59:48.510 --> 00:59:48.520 align:start position:0% mechanism um or it's a mix of both let's 00:59:48.520 --> 00:59:51.150 align:start position:0% mechanism um or it's a mix of both let's say<00:59:49.200> but<00:59:49.319> it's<00:59:49.760> you<00:59:50.119> everyone<00:59:50.359> vote<00:59:50.599> on 00:59:51.150 --> 00:59:51.160 align:start position:0% say but it's you everyone vote on 00:59:51.160 --> 00:59:53.109 align:start position:0% say but it's you everyone vote on everything<00:59:52.160> but<00:59:52.280> also<00:59:52.520> keep<00:59:52.680> in<00:59:52.799> mind<00:59:52.960> like 00:59:53.109 --> 00:59:53.119 align:start position:0% everything but also keep in mind like 00:59:53.119 --> 00:59:56.390 align:start position:0% everything but also keep in mind like poly<00:59:53.359> Market<00:59:53.720> is<00:59:53.960> using<00:59:54.559> Uma<00:59:55.559> uh<00:59:55.839> but<00:59:56.280> in 00:59:56.390 --> 00:59:56.400 align:start position:0% poly Market is using Uma uh but in 00:59:56.400 --> 00:59:59.390 align:start position:0% poly Market is using Uma uh but in practice<00:59:56.720> like<00:59:56.920> have<00:59:57.039> some<00:59:57.480> key<00:59:57.960> so<00:59:58.960> it's<00:59:59.119> not 00:59:59.390 --> 00:59:59.400 align:start position:0% practice like have some key so it's not 00:59:59.400 --> 01:00:04.430 align:start position:0% practice like have some key so it's not like<01:00:00.079> real<01:00:00.440> centralized 01:00:04.430 --> 01:00:04.440 align:start position:0% 01:00:04.440 --> 01:00:07.470 align:start position:0% usage<01:00:05.440> poly<01:00:05.680> Market<01:00:06.079> Oracle<01:00:06.680> is<01:00:06.799> working<01:00:07.319> so 01:00:07.470 --> 01:00:07.480 align:start position:0% usage poly Market Oracle is working so 01:00:07.480 --> 01:00:10.589 align:start position:0% usage poly Market Oracle is working so is<01:00:07.599> they<01:00:07.720> making<01:00:07.960> a<01:00:08.079> call<01:00:08.280> to<01:00:08.839> Yar<01:00:09.839> um<01:00:10.160> but<01:00:10.359> also 01:00:10.589 --> 01:00:10.599 align:start position:0% is they making a call to Yar um but also 01:00:10.599 --> 01:00:13.270 align:start position:0% is they making a call to Yar um but also they<01:00:10.720> have<01:00:10.839> some<01:00:11.119> admin<01:00:12.119> which<01:00:12.240> can<01:00:12.480> overrule 01:00:13.270 --> 01:00:13.280 align:start position:0% they have some admin which can overrule 01:00:13.280 --> 01:00:15.349 align:start position:0% they have some admin which can overrule umaa<01:00:13.559> if<01:00:13.680> they<01:00:13.760> want<01:00:13.920> to<01:00:14.799> and<01:00:14.960> umaa<01:00:15.240> is 01:00:15.349 --> 01:00:15.359 align:start position:0% umaa if they want to and umaa is 01:00:15.359 --> 01:00:28.789 align:start position:0% umaa if they want to and umaa is everyone<01:00:15.680> but<01:00:15.839> on<01:00:15.960> everything 01:00:28.789 --> 01:00:28.799 align:start position:0% 01:00:28.799 --> 01:00:30.910 align:start position:0% okay<01:00:28.920> so<01:00:29.160> now<01:00:29.319> we<01:00:29.440> have<01:00:29.599> another 01:00:30.910 --> 01:00:30.920 align:start position:0% okay so now we have another 01:00:30.920 --> 01:00:32.910 align:start position:0% okay so now we have another Market<01:00:31.920> which<01:00:32.039> is<01:00:32.160> going<01:00:32.240> to<01:00:32.359> be<01:00:32.480> a<01:00:32.599> scalar 01:00:32.910 --> 01:00:32.920 align:start position:0% Market which is going to be a scalar 01:00:32.920 --> 01:00:36.430 align:start position:0% Market which is going to be a scalar Market<01:00:33.359> the<01:00:33.480> weight<01:00:34.160> market<01:00:35.160> and<01:00:35.559> uh<01:00:35.880> here<01:00:36.319> I 01:00:36.430 --> 01:00:36.440 align:start position:0% Market the weight market and uh here I 01:00:36.440 --> 01:00:39.950 align:start position:0% Market the weight market and uh here I have<01:00:36.640> some<01:00:37.160> item<01:00:37.880> that<01:00:38.160> we<01:00:38.280> can<01:00:38.640> light<01:00:39.240> to<01:00:39.400> make 01:00:39.950 --> 01:00:39.960 align:start position:0% have some item that we can light to make 01:00:39.960 --> 01:00:43.549 align:start position:0% have some item that we can light to make smell<01:00:40.960> made<01:00:41.160> by<01:00:41.359> pon<01:00:41.599> pon<01:00:41.760> by<01:00:41.880> the<01:00:41.960> way<01:00:42.960> uh<01:00:43.200> and 01:00:43.549 --> 01:00:43.559 align:start position:0% smell made by pon pon by the way uh and 01:00:43.559 --> 01:00:46.670 align:start position:0% smell made by pon pon by the way uh and so<01:00:44.559> what<01:00:44.720> you're<01:00:44.880> going<01:00:45.000> to<01:00:45.319> do<01:00:46.319> is<01:00:46.559> you're 01:00:46.670 --> 01:00:46.680 align:start position:0% so what you're going to do is you're 01:00:46.680 --> 01:00:48.430 align:start position:0% so what you're going to do is you're going<01:00:46.799> to<01:00:46.920> try<01:00:47.079> to<01:00:47.280> determine<01:00:48.000> what<01:00:48.119> is<01:00:48.240> the 01:00:48.430 --> 01:00:48.440 align:start position:0% going to try to determine what is the 01:00:48.440 --> 01:00:53.990 align:start position:0% going to try to determine what is the weight<01:00:48.760> in<01:00:49.039> gram<01:00:49.760> of<01:00:50.000> this 01:00:53.990 --> 01:00:54.000 align:start position:0% 01:00:54.000 --> 01:00:58.230 align:start position:0% item<01:00:55.000> someone<01:00:55.440> to<01:00:55.640> trying 01:00:58.230 --> 01:00:58.240 align:start position:0% 01:00:58.240 --> 01:01:00.190 align:start position:0% so<01:00:58.559> you<01:00:58.680> have<01:00:58.880> this 01:01:00.190 --> 01:01:00.200 align:start position:0% so you have this 01:01:00.200 --> 01:01:02.470 align:start position:0% so you have this item<01:01:01.200> what<01:01:01.319> you<01:01:01.400> have<01:01:01.599> this<01:01:01.760> item<01:01:02.240> and<01:01:02.359> you 01:01:02.470 --> 01:01:02.480 align:start position:0% item what you have this item and you 01:01:02.480 --> 01:01:05.069 align:start position:0% item what you have this item and you have<01:01:02.599> to<01:01:02.760> try<01:01:03.000> to<01:01:03.400> determine<01:01:04.359> the<01:01:04.520> weight<01:01:04.880> in 01:01:05.069 --> 01:01:05.079 align:start position:0% have to try to determine the weight in 01:01:05.079 --> 01:01:08.150 align:start position:0% have to try to determine the weight in gram<01:01:05.400> of<01:01:05.559> this<01:01:05.760> item<01:01:06.760> so<01:01:07.200> everyone<01:01:07.720> take<01:01:07.960> the 01:01:08.150 --> 01:01:08.160 align:start position:0% gram of this item so everyone take the 01:01:08.160 --> 01:01:11.029 align:start position:0% gram of this item so everyone take the weight<01:01:08.559> amm<01:01:09.079> set<01:01:09.280> up<01:01:09.400> the<01:01:09.559> weight<01:01:09.799> amm<01:01:10.640> you<01:01:10.760> can 01:01:11.029 --> 01:01:11.039 align:start position:0% weight amm set up the weight amm you can 01:01:11.039 --> 01:01:12.870 align:start position:0% weight amm set up the weight amm you can still<01:01:11.280> keep<01:01:11.440> the<01:01:11.559> word<01:01:11.799> am<01:01:12.160> the<01:01:12.280> word<01:01:12.480> am<01:01:12.799> is 01:01:12.870 --> 01:01:12.880 align:start position:0% still keep the word am the word am is 01:01:12.880 --> 01:01:14.710 align:start position:0% still keep the word am the word am is still<01:01:13.160> there<01:01:13.839> and<01:01:13.960> now<01:01:14.079> you<01:01:14.200> have<01:01:14.319> the<01:01:14.480> weight 01:01:14.710 --> 01:01:14.720 align:start position:0% still there and now you have the weight 01:01:14.720 --> 01:01:17.510 align:start position:0% still there and now you have the weight amm<01:01:15.480> where<01:01:15.599> you<01:01:15.720> want<01:01:15.920> to 01:01:17.510 --> 01:01:17.520 align:start position:0% amm where you want to 01:01:17.520 --> 01:01:23.230 align:start position:0% amm where you want to estimate<01:01:18.520> the<01:01:18.760> weight<01:01:19.039> of<01:01:19.240> this<01:01:19.880> item 01:01:23.230 --> 01:01:23.240 align:start position:0% 01:01:23.240 --> 01:01:25.630 align:start position:0% blind<01:01:24.240> well<01:01:24.599> if<01:01:24.720> you<01:01:24.799> are<01:01:25.000> blind<01:01:25.400> you<01:01:25.480> should 01:01:25.630 --> 01:01:25.640 align:start position:0% blind well if you are blind you should 01:01:25.640 --> 01:01:31.190 align:start position:0% blind well if you are blind you should probably<01:01:26.000> not<01:01:26.119> participate<01:01:26.599> in<01:01:26.720> the 01:01:31.190 --> 01:01:31.200 align:start position:0% 01:01:31.200 --> 01:01:35.309 align:start position:0% market<01:01:32.200> so<01:01:32.359> if<01:01:32.440> you<01:01:32.520> want<01:01:32.680> to<01:01:32.760> see<01:01:32.960> the 01:01:35.309 --> 01:01:35.319 align:start position:0% 01:01:35.319 --> 01:01:37.829 align:start position:0% item<01:01:36.319> I'm<01:01:36.440> showing<01:01:36.720> the 01:01:37.829 --> 01:01:37.839 align:start position:0% item I'm showing the 01:01:37.839 --> 01:01:39.870 align:start position:0% item I'm showing the item<01:01:38.839> no<01:01:39.000> you<01:01:39.119> cannot<01:01:39.319> feel<01:01:39.480> it<01:01:39.559> you<01:01:39.640> can<01:01:39.760> just 01:01:39.870 --> 01:01:39.880 align:start position:0% item no you cannot feel it you can just 01:01:39.880 --> 01:01:48.349 align:start position:0% item no you cannot feel it you can just see 01:01:48.349 --> 01:01:48.359 align:start position:0% 01:01:48.359 --> 01:01:51.829 align:start position:0% it<01:01:49.839> yeah<01:01:50.839> you<01:01:50.960> can<01:01:51.119> take<01:01:51.240> a<01:01:51.359> picture<01:01:51.680> if<01:01:51.760> you 01:01:51.829 --> 01:01:51.839 align:start position:0% it yeah you can take a picture if you 01:01:51.839 --> 01:01:53.269 align:start position:0% it yeah you can take a picture if you want 01:01:53.269 --> 01:01:53.279 align:start position:0% want 01:01:53.279 --> 01:01:58.670 align:start position:0% want to<01:01:54.279> no<01:01:54.640> you<01:01:54.720> can<01:01:54.880> touch<01:01:55.160> but<01:01:55.279> you<01:01:55.400> cannot<01:01:56.079> uh 01:01:58.670 --> 01:01:58.680 align:start position:0% 01:01:58.680 --> 01:02:00.950 align:start position:0% weighted<01:01:59.680> someone<01:02:00.039> is<01:02:00.160> trying<01:02:00.400> to<01:02:00.520> trick<01:02:00.760> me 01:02:00.950 --> 01:02:00.960 align:start position:0% weighted someone is trying to trick me 01:02:00.960 --> 01:02:02.950 align:start position:0% weighted someone is trying to trick me again<01:02:01.240> you 01:02:02.950 --> 01:02:02.960 align:start position:0% again you 01:02:02.960 --> 01:02:12.109 align:start position:0% again you know 01:02:12.109 --> 01:02:12.119 align:start position:0% 01:02:12.119 --> 01:02:14.150 align:start position:0% yeah<01:02:13.119> that's<01:02:13.319> the 01:02:14.150 --> 01:02:14.160 align:start position:0% yeah that's the 01:02:14.160 --> 01:02:23.069 align:start position:0% yeah that's the item<01:02:15.160> it 01:02:23.069 --> 01:02:23.079 align:start position:0% 01:02:23.079 --> 01:02:25.470 align:start position:0% is<01:02:24.079> what<01:02:24.200> is<01:02:24.319> the<01:02:24.480> weight<01:02:24.680> in<01:02:24.880> gram<01:02:25.160> of<01:02:25.279> this 01:02:25.470 --> 01:02:25.480 align:start position:0% is what is the weight in gram of this 01:02:25.480 --> 01:02:29.789 align:start position:0% is what is the weight in gram of this item 01:02:29.789 --> 01:02:29.799 align:start position:0% 01:02:29.799 --> 01:02:44.390 align:start position:0% yes<01:02:30.000> it 01:02:44.390 --> 01:02:44.400 align:start position:0% 01:02:44.400 --> 01:02:47.549 align:start position:0% is<01:02:45.400> only<01:02:45.640> look<01:02:45.880> only 01:02:47.549 --> 01:02:47.559 align:start position:0% is only look only 01:02:47.559 --> 01:02:49.870 align:start position:0% is only look only look<01:02:48.559> uh<01:02:48.720> it's<01:02:48.839> an<01:02:49.039> item<01:02:49.240> it's<01:02:49.359> smelling<01:02:49.680> nice 01:02:49.870 --> 01:02:49.880 align:start position:0% look uh it's an item it's smelling nice 01:02:49.880 --> 01:02:54.510 align:start position:0% look uh it's an item it's smelling nice you<01:02:49.960> can<01:02:50.039> smell<01:02:50.319> it<01:02:50.440> you 01:02:54.510 --> 01:02:54.520 align:start position:0% 01:02:54.520 --> 01:02:58.390 align:start position:0% know<01:02:55.520> right 01:02:58.390 --> 01:02:58.400 align:start position:0% 01:02:58.400 --> 01:03:00.710 align:start position:0% it's<01:02:58.799> uh<01:02:59.079> to<01:02:59.760> make<01:02:59.920> some<01:03:00.119> nice<01:03:00.279> smell<01:03:00.520> you<01:03:00.599> know 01:03:00.710 --> 01:03:00.720 align:start position:0% it's uh to make some nice smell you know 01:03:00.720 --> 01:03:02.470 align:start position:0% it's uh to make some nice smell you know you<01:03:00.799> can<01:03:00.920> smell<01:03:01.160> it<01:03:01.359> no<01:03:01.640> don't<01:03:01.799> don't<01:03:01.960> touch<01:03:02.160> it 01:03:02.470 --> 01:03:02.480 align:start position:0% you can smell it no don't don't touch it 01:03:02.480 --> 01:03:04.150 align:start position:0% you can smell it no don't don't touch it because<01:03:03.119> it<01:03:03.240> will<01:03:03.359> be<01:03:03.520> unfair<01:03:03.839> and<01:03:03.920> I<01:03:04.000> don't 01:03:04.150 --> 01:03:04.160 align:start position:0% because it will be unfair and I don't 01:03:04.160 --> 01:03:07.630 align:start position:0% because it will be unfair and I don't have<01:03:04.319> time 01:03:07.630 --> 01:03:07.640 align:start position:0% 01:03:07.640 --> 01:03:15.190 align:start position:0% to<01:03:08.640> it's<01:03:08.839> done<01:03:09.160> by<01:03:09.480> my 01:03:15.190 --> 01:03:15.200 align:start position:0% 01:03:15.200 --> 01:03:19.430 align:start position:0% girlfriend<01:03:16.200> so<01:03:16.440> the 01:03:19.430 --> 01:03:19.440 align:start position:0% 01:03:19.440 --> 01:03:23.549 align:start position:0% item<01:03:20.440> so<01:03:20.599> you<01:03:20.760> try<01:03:21.160> to<01:03:21.400> estimate<01:03:22.079> how<01:03:22.200> many 01:03:23.549 --> 01:03:23.559 align:start position:0% item so you try to estimate how many 01:03:23.559 --> 01:03:26.829 align:start position:0% item so you try to estimate how many grams<01:03:24.640> no<01:03:25.640> yeah<01:03:26.039> there<01:03:26.200> is<01:03:26.359> there<01:03:26.559> too<01:03:26.680> many 01:03:26.829 --> 01:03:26.839 align:start position:0% grams no yeah there is there too many 01:03:26.839 --> 01:03:29.029 align:start position:0% grams no yeah there is there too many people<01:03:27.200> so<01:03:27.960> we<01:03:28.079> will<01:03:28.240> not<01:03:28.400> have<01:03:28.520> time<01:03:28.640> to<01:03:28.799> get 01:03:29.029 --> 01:03:29.039 align:start position:0% people so we will not have time to get 01:03:29.039 --> 01:03:31.789 align:start position:0% people so we will not have time to get everyone<01:03:29.319> to<01:03:29.799> hey<01:03:30.039> someone<01:03:30.319> is<01:03:30.799> cheating 01:03:31.789 --> 01:03:31.799 align:start position:0% everyone to hey someone is cheating 01:03:31.799 --> 01:03:33.829 align:start position:0% everyone to hey someone is cheating someone<01:03:32.079> is 01:03:33.829 --> 01:03:33.839 align:start position:0% someone is 01:03:33.839 --> 01:03:35.670 align:start position:0% someone is cheating<01:03:34.839> but<01:03:34.920> you<01:03:35.000> can<01:03:35.119> take<01:03:35.240> a<01:03:35.319> picture<01:03:35.599> if 01:03:35.670 --> 01:03:35.680 align:start position:0% cheating but you can take a picture if 01:03:35.680 --> 01:03:38.390 align:start position:0% cheating but you can take a picture if you<01:03:35.760> want<01:03:35.920> to<01:03:36.200> look<01:03:36.319> at<01:03:36.480> it<01:03:37.160> a 01:03:38.390 --> 01:03:38.400 align:start position:0% you want to look at it a 01:03:38.400 --> 01:03:40.670 align:start position:0% you want to look at it a lot<01:03:39.400> it's<01:03:39.559> just<01:03:39.720> done<01:03:39.920> by<01:03:40.039> my<01:03:40.160> girlfriend<01:03:40.559> it's 01:03:40.670 --> 01:03:40.680 align:start position:0% lot it's just done by my girlfriend it's 01:03:40.680 --> 01:03:42.940 align:start position:0% lot it's just done by my girlfriend it's not<01:03:40.799> a<01:03:40.920> brand<01:03:41.240> like<01:03:41.480> it's<01:03:42.119> it's<01:03:42.279> made<01:03:42.480> in<01:03:42.599> my 01:03:42.940 --> 01:03:42.950 align:start position:0% not a brand like it's it's made in my 01:03:42.950 --> 01:03:47.190 align:start position:0% not a brand like it's it's made in my [Laughter] 01:03:47.190 --> 01:03:47.200 align:start position:0% 01:03:47.200 --> 01:03:52.910 align:start position:0% kitchen<01:03:48.359> uh<01:03:49.359> this<01:03:49.480> is<01:03:49.680> the<01:03:50.319> up<01:03:50.559> token 01:03:52.910 --> 01:03:52.920 align:start position:0% kitchen uh this is the up token 01:03:52.920 --> 01:03:56.470 align:start position:0% kitchen uh this is the up token toen<01:03:53.920> the<01:03:54.079> world<01:03:54.319> thing<01:03:54.920> it's<01:03:55.160> the<01:03:55.319> wall<01:03:55.839> item 01:03:56.470 --> 01:03:56.480 align:start position:0% toen the world thing it's the wall item 01:03:56.480 --> 01:04:05.029 align:start position:0% toen the world thing it's the wall item not<01:03:56.720> just<01:03:56.920> the<01:03:57.079> wax<01:03:57.440> the<01:03:57.559> world 01:04:05.029 --> 01:04:05.039 align:start position:0% 01:04:05.039 --> 01:04:10.710 align:start position:0% item<01:04:06.039> so<01:04:07.039> if<01:04:07.200> the<01:04:07.559> weight<01:04:08.279> is<01:04:09.119> above<01:04:10.119> 40<01:04:10.480> gram 01:04:10.710 --> 01:04:10.720 align:start position:0% item so if the weight is above 40 gram 01:04:10.720 --> 01:04:12.750 align:start position:0% item so if the weight is above 40 gram you<01:04:10.839> can<01:04:11.000> buy<01:04:11.240> up<01:04:11.880> if<01:04:11.960> you<01:04:12.079> think<01:04:12.240> the<01:04:12.440> weight 01:04:12.750 --> 01:04:12.760 align:start position:0% you can buy up if you think the weight 01:04:12.760 --> 01:04:15.829 align:start position:0% you can buy up if you think the weight is<01:04:13.319> below<01:04:14.319> 50<01:04:14.680> gram<01:04:14.960> you<01:04:15.079> can<01:04:15.240> buy<01:04:15.400> the<01:04:15.559> Don 01:04:15.829 --> 01:04:15.839 align:start position:0% is below 50 gram you can buy the Don 01:04:15.839 --> 01:04:39.589 align:start position:0% is below 50 gram you can buy the Don token 01:04:39.589 --> 01:04:39.599 align:start position:0% 01:04:39.599 --> 01:04:42.109 align:start position:0% only<01:04:39.839> smell<01:04:40.359> it 01:04:42.109 --> 01:04:42.119 align:start position:0% only smell it 01:04:42.119 --> 01:04:44.269 align:start position:0% only smell it because<01:04:43.119> it<01:04:43.240> would<01:04:43.400> be<01:04:43.520> unfair<01:04:43.880> I<01:04:43.960> don't<01:04:44.119> have 01:04:44.269 --> 01:04:44.279 align:start position:0% because it would be unfair I don't have 01:04:44.279 --> 01:04:51.460 align:start position:0% because it would be unfair I don't have time<01:04:44.400> to<01:04:44.599> give<01:04:44.760> it<01:04:44.880> to<01:04:45.480> everyone 01:04:51.460 --> 01:04:51.470 align:start position:0% 01:04:51.470 --> 01:05:11.230 align:start position:0% [Music] 01:05:11.230 --> 01:05:11.240 align:start position:0% 01:05:11.240 --> 01:05:24.630 align:start position:0% you<01:05:11.400> get 01:05:24.630 --> 01:05:24.640 align:start position:0% 01:05:24.640 --> 01:06:10.269 align:start position:0% the<01:05:25.680> e 01:06:10.269 --> 01:06:10.279 align:start position:0% 01:06:10.279 --> 01:06:12.990 align:start position:0% so<01:06:11.279> did<01:06:11.480> you<01:06:11.640> all<01:06:11.799> managed<01:06:12.119> to<01:06:12.400> determine<01:06:12.880> the 01:06:12.990 --> 01:06:13.000 align:start position:0% so did you all managed to determine the 01:06:13.000 --> 01:06:17.120 align:start position:0% so did you all managed to determine the weight<01:06:13.200> of<01:06:13.319> this 01:06:17.120 --> 01:06:17.130 align:start position:0% 01:06:17.130 --> 01:06:19.230 align:start position:0% [Applause] 01:06:19.230 --> 01:06:19.240 align:start position:0% [Applause] 01:06:19.240 --> 01:06:21.750 align:start position:0% [Applause] candle<01:06:20.240> keep<01:06:20.440> in<01:06:20.559> mind<01:06:21.039> the<01:06:21.200> markets<01:06:21.559> are 01:06:21.750 --> 01:06:21.760 align:start position:0% candle keep in mind the markets are 01:06:21.760 --> 01:06:26.829 align:start position:0% candle keep in mind the markets are still<01:06:22.039> open<01:06:22.680> the<01:06:22.839> market<01:06:23.640> are<01:06:23.880> still<01:06:24.200> open 01:06:26.829 --> 01:06:26.839 align:start position:0% still open the market are still open 01:06:26.839 --> 01:06:36.430 align:start position:0% still open the market are still open yes<01:06:27.839> yeah<01:06:28.240> the<01:06:28.400> market<01:06:28.680> are<01:06:28.799> still 01:06:36.430 --> 01:06:36.440 align:start position:0% 01:06:36.440 --> 01:07:01.789 align:start position:0% open<01:06:37.440> the<01:06:37.559> market<01:06:37.839> are<01:06:38.039> still<01:06:38.200> open<01:06:39.000> in<01:06:39.200> mind 01:07:01.789 --> 01:07:01.799 align:start position:0% 01:07:01.799 --> 01:07:05.670 align:start position:0% I<01:07:01.920> can<01:07:02.119> print<01:07:02.359> it<01:07:02.760> I'm<01:07:02.920> the<01:07:03.000> one<01:07:03.160> who<01:07:03.279> made 01:07:05.670 --> 01:07:05.680 align:start position:0% 01:07:05.680 --> 01:07:11.549 align:start position:0% it<01:07:06.680> what<01:07:07.039> it's<01:07:07.240> avable<01:07:08.240> I<01:07:08.319> made 01:07:11.549 --> 01:07:11.559 align:start position:0% 01:07:11.559 --> 01:07:14.870 align:start position:0% it<01:07:12.559> want 01:07:14.870 --> 01:07:14.880 align:start position:0% 01:07:14.880 --> 01:07:19.829 align:start position:0% to<01:07:15.880> yeah<01:07:16.000> they<01:07:16.079> can<01:07:16.200> still<01:07:16.400> buy 01:07:19.829 --> 01:07:19.839 align:start position:0% 01:07:19.839 --> 01:07:24.069 align:start position:0% here<01:07:20.839> so<01:07:21.039> keep<01:07:21.200> in<01:07:21.319> mind<01:07:21.760> the<01:07:21.880> market<01:07:22.240> is<01:07:23.079> open 01:07:24.069 --> 01:07:24.079 align:start position:0% here so keep in mind the market is open 01:07:24.079 --> 01:07:42.549 align:start position:0% here so keep in mind the market is open still<01:07:24.240> open 01:07:42.549 --> 01:07:42.559 align:start position:0% 01:07:42.559 --> 01:07:45.390 align:start position:0% oh 01:07:45.390 --> 01:07:45.400 align:start position:0% oh 01:07:45.400 --> 01:07:47.230 align:start position:0% oh yeah<01:07:46.400> open<01:07:46.599> you 01:07:47.230 --> 01:07:47.240 align:start position:0% yeah open you 01:07:47.240 --> 01:07:49.670 align:start position:0% yeah open you can 01:07:49.670 --> 01:07:49.680 align:start position:0% can 01:07:49.680 --> 01:07:51.510 align:start position:0% can yeah 01:07:51.510 --> 01:07:51.520 align:start position:0% yeah 01:07:51.520 --> 01:07:54.390 align:start position:0% yeah yeah<01:07:52.520> yeah<01:07:52.839> that<01:07:53.039> market<01:07:53.559> was<01:07:53.920> instantly 01:07:54.390 --> 01:07:54.400 align:start position:0% yeah yeah that market was instantly 01:07:54.400 --> 01:07:56.470 align:start position:0% yeah yeah that market was instantly closed<01:07:54.839> or<01:07:55.520> the<01:07:55.640> point<01:07:55.880> that's<01:07:56.119> the<01:07:56.200> point<01:07:56.359> I'm 01:07:56.470 --> 01:07:56.480 align:start position:0% closed or the point that's the point I'm 01:07:56.480 --> 01:07:59.349 align:start position:0% closed or the point that's the point I'm going<01:07:56.559> to 01:07:59.349 --> 01:07:59.359 align:start position:0% 01:07:59.359 --> 01:08:03.589 align:start position:0% make<01:08:00.359> yeah<01:08:00.480> it's<01:08:00.559> still<01:08:00.720> open<01:08:01.279> yeah 01:08:03.589 --> 01:08:03.599 align:start position:0% make yeah it's still open yeah 01:08:03.599 --> 01:08:05.950 align:start position:0% make yeah it's still open yeah yeah<01:08:04.599> so<01:08:04.799> keep<01:08:04.960> in<01:08:05.079> mind<01:08:05.240> the<01:08:05.400> market<01:08:05.799> both 01:08:05.950 --> 01:08:05.960 align:start position:0% yeah so keep in mind the market both 01:08:05.960 --> 01:08:10.789 align:start position:0% yeah so keep in mind the market both Market<01:08:06.279> are<01:08:06.440> still 01:08:10.789 --> 01:08:10.799 align:start position:0% 01:08:10.799 --> 01:08:14.430 align:start position:0% open<01:08:11.799> I<01:08:11.920> can't<01:08:12.200> un<01:08:12.480> say<01:08:12.720> it<01:08:13.720> it's<01:08:13.880> not<01:08:14.079> possible 01:08:14.430 --> 01:08:14.440 align:start position:0% open I can't un say it it's not possible 01:08:14.440 --> 01:08:44.910 align:start position:0% open I can't un say it it's not possible to<01:08:14.599> UNS<01:08:14.839> say<01:08:15.000> it 01:08:44.910 --> 01:08:44.920 align:start position:0% 01:08:44.920 --> 01:08:46.269 align:start position:0% yeah 01:08:46.269 --> 01:08:46.279 align:start position:0% yeah 01:08:46.279 --> 01:08:54.430 align:start position:0% yeah yeah 01:08:54.430 --> 01:08:54.440 align:start position:0% 01:08:54.440 --> 01:09:01.000 align:start position:0% yeah<01:08:55.480> oh<01:08:55.600> this<01:08:55.719> one<01:08:55.839> we<01:08:55.920> can<01:08:56.080> remove<01:08:56.400> it's 01:09:01.000 --> 01:09:01.010 align:start position:0% 01:09:01.010 --> 01:09:10.390 align:start position:0% [Music] 01:09:10.390 --> 01:09:10.400 align:start position:0% 01:09:10.400 --> 01:09:12.749 align:start position:0% finished<01:09:11.400> okay<01:09:11.640> so<01:09:11.799> now<01:09:12.000> we're<01:09:12.199> closing<01:09:12.600> the 01:09:12.749 --> 01:09:12.759 align:start position:0% finished okay so now we're closing the 01:09:12.759 --> 01:09:15.229 align:start position:0% finished okay so now we're closing the CLE<01:09:13.199> Market<01:09:13.679> the<01:09:13.839> market<01:09:14.480> of<01:09:14.600> the<01:09:14.719> CLE<01:09:15.080> is 01:09:15.229 --> 01:09:15.239 align:start position:0% CLE Market the market of the CLE is 01:09:15.239 --> 01:09:25.590 align:start position:0% CLE Market the market of the CLE is closed 01:09:25.590 --> 01:09:25.600 align:start position:0% 01:09:25.600 --> 01:09:28.110 align:start position:0% so<01:09:25.839> everyone<01:09:26.199> silence<01:09:26.759> please<01:09:27.759> everyone 01:09:28.110 --> 01:09:28.120 align:start position:0% so everyone silence please everyone 01:09:28.120 --> 01:09:30.870 align:start position:0% so everyone silence please everyone silence<01:09:28.600> please<01:09:29.319> so<01:09:29.719> here<01:09:30.400> we<01:09:30.560> had<01:09:30.719> this 01:09:30.870 --> 01:09:30.880 align:start position:0% silence please so here we had this 01:09:30.880 --> 01:09:33.470 align:start position:0% silence please so here we had this market<01:09:31.159> and<01:09:31.359> whether<01:09:31.640> I<01:09:31.719> will<01:09:31.839> say<01:09:32.040> the<01:09:32.199> word 01:09:33.470 --> 01:09:33.480 align:start position:0% market and whether I will say the word 01:09:33.480 --> 01:09:35.630 align:start position:0% market and whether I will say the word candle<01:09:34.480> but<01:09:34.640> the<01:09:34.759> issue<01:09:35.000> with<01:09:35.120> this<01:09:35.239> Market<01:09:35.560> is 01:09:35.630 --> 01:09:35.640 align:start position:0% candle but the issue with this Market is 01:09:35.640 --> 01:09:37.030 align:start position:0% candle but the issue with this Market is that<01:09:35.799> we<01:09:35.920> will<01:09:36.080> not<01:09:36.279> really<01:09:36.480> know<01:09:36.799> when<01:09:36.960> we 01:09:37.030 --> 01:09:37.040 align:start position:0% that we will not really know when we 01:09:37.040 --> 01:09:39.110 align:start position:0% that we will not really know when we will<01:09:37.239> know<01:09:37.600> because<01:09:37.839> you<01:09:37.960> will<01:09:38.120> not<01:09:38.279> know<01:09:38.960> when 01:09:39.110 --> 01:09:39.120 align:start position:0% will know because you will not know when 01:09:39.120 --> 01:09:41.030 align:start position:0% will know because you will not know when I<01:09:39.199> will<01:09:39.359> say<01:09:39.600> it<01:09:40.199> and<01:09:40.319> you<01:09:40.400> will<01:09:40.560> not<01:09:40.719> know<01:09:40.920> when 01:09:41.030 --> 01:09:41.040 align:start position:0% I will say it and you will not know when 01:09:41.040 --> 01:09:42.870 align:start position:0% I will say it and you will not know when I<01:09:41.159> will<01:09:41.640> or<01:09:41.960> you<01:09:42.040> will<01:09:42.159> not<01:09:42.319> know<01:09:42.520> when<01:09:42.640> I<01:09:42.719> will 01:09:42.870 --> 01:09:42.880 align:start position:0% I will or you will not know when I will 01:09:42.880 --> 01:09:46.189 align:start position:0% I will or you will not know when I will go<01:09:43.000> to<01:09:43.120> slide<01:09:43.839> 20<01:09:44.839> so<01:09:45.400> for<01:09:45.600> you<01:09:45.759> it's<01:09:45.960> good<01:09:46.120> you 01:09:46.189 --> 01:09:46.199 align:start position:0% go to slide 20 so for you it's good you 01:09:46.199 --> 01:09:47.950 align:start position:0% go to slide 20 so for you it's good you are<01:09:46.359> Traders<01:09:46.960> you<01:09:47.080> can<01:09:47.239> make<01:09:47.359> some<01:09:47.520> money<01:09:47.839> like 01:09:47.950 --> 01:09:47.960 align:start position:0% are Traders you can make some money like 01:09:47.960 --> 01:09:49.349 align:start position:0% are Traders you can make some money like you<01:09:48.080> have<01:09:48.199> something<01:09:48.520> which<01:09:48.640> is<01:09:48.839> known<01:09:49.199> and 01:09:49.349 --> 01:09:49.359 align:start position:0% you have something which is known and 01:09:49.359 --> 01:09:50.749 align:start position:0% you have something which is known and you<01:09:49.440> can<01:09:49.600> get<01:09:49.799> basically<01:09:50.159> free<01:09:50.359> money<01:09:50.640> by 01:09:50.749 --> 01:09:50.759 align:start position:0% you can get basically free money by 01:09:50.759 --> 01:09:52.950 align:start position:0% you can get basically free money by buying<01:09:51.000> the<01:09:51.120> token<01:09:51.400> candle<01:09:52.400> but<01:09:52.520> for<01:09:52.679> the 01:09:52.950 --> 01:09:52.960 align:start position:0% buying the token candle but for the 01:09:52.960 --> 01:09:55.990 align:start position:0% buying the token candle but for the liquidity<01:09:53.440> provider<01:09:53.960> it's<01:09:54.159> very<01:09:54.400> bad<01:09:55.719> and<01:09:55.840> so 01:09:55.990 --> 01:09:56.000 align:start position:0% liquidity provider it's very bad and so 01:09:56.000 --> 01:09:57.870 align:start position:0% liquidity provider it's very bad and so for<01:09:56.120> a<01:09:56.239> lot<01:09:56.360> of<01:09:56.520> markets<01:09:57.080> where<01:09:57.239> we<01:09:57.400> don't<01:09:57.600> know 01:09:57.870 --> 01:09:57.880 align:start position:0% for a lot of markets where we don't know 01:09:57.880 --> 01:09:59.990 align:start position:0% for a lot of markets where we don't know when<01:09:58.040> we<01:09:58.159> know<01:09:58.800> it's<01:09:59.000> extremely<01:09:59.400> risky<01:09:59.679> to<01:09:59.800> put 01:09:59.990 --> 01:10:00.000 align:start position:0% when we know it's extremely risky to put 01:10:00.000 --> 01:10:02.830 align:start position:0% when we know it's extremely risky to put liquidity<01:10:00.800> because<01:10:01.120> as<01:10:01.280> soon<01:10:02.199> as<01:10:02.360> the<01:10:02.520> answer 01:10:02.830 --> 01:10:02.840 align:start position:0% liquidity because as soon as the answer 01:10:02.840 --> 01:10:05.830 align:start position:0% liquidity because as soon as the answer to<01:10:02.960> the<01:10:03.120> question<01:10:04.040> is<01:10:04.239> publicly<01:10:04.600> known<01:10:05.600> people 01:10:05.830 --> 01:10:05.840 align:start position:0% to the question is publicly known people 01:10:05.840 --> 01:10:07.790 align:start position:0% to the question is publicly known people are<01:10:05.960> going<01:10:06.080> to<01:10:06.239> jump<01:10:06.560> on<01:10:06.679> the<01:10:06.840> amm<01:10:07.400> and<01:10:07.560> take 01:10:07.790 --> 01:10:07.800 align:start position:0% are going to jump on the amm and take 01:10:07.800 --> 01:10:11.070 align:start position:0% are going to jump on the amm and take all<01:10:07.960> the<01:10:08.159> token<01:10:08.840> of<01:10:09.000> the<01:10:09.239> right<01:10:09.560> answer<01:10:10.560> so 01:10:11.070 --> 01:10:11.080 align:start position:0% all the token of the right answer so 01:10:11.080 --> 01:10:14.110 align:start position:0% all the token of the right answer so here<01:10:11.760> if<01:10:11.880> you<01:10:12.000> are<01:10:12.239> here<01:10:12.679> about<01:10:13.080> the<01:10:13.800> about<01:10:14.000> the 01:10:14.110 --> 01:10:14.120 align:start position:0% here if you are here about the about the 01:10:14.120 --> 01:10:16.830 align:start position:0% here if you are here about the about the CLE<01:10:15.080> immediately<01:10:15.840> you're<01:10:16.040> going<01:10:16.159> to<01:10:16.360> go<01:10:16.520> to<01:10:16.679> a 01:10:16.830 --> 01:10:16.840 align:start position:0% CLE immediately you're going to go to a 01:10:16.840 --> 01:10:20.550 align:start position:0% CLE immediately you're going to go to a price<01:10:17.520> of<01:10:17.800> 100<01:10:18.560> and<01:10:18.760> the<01:10:19.159> amm<01:10:20.159> is<01:10:20.320> going<01:10:20.440> to 01:10:20.550 --> 01:10:20.560 align:start position:0% price of 100 and the amm is going to 01:10:20.560 --> 01:10:22.990 align:start position:0% price of 100 and the amm is going to sell<01:10:20.800> some<01:10:21.000> token<01:10:21.679> which<01:10:22.239> at<01:10:22.400> this<01:10:22.560> point<01:10:22.840> it's 01:10:22.990 --> 01:10:23.000 align:start position:0% sell some token which at this point it's 01:10:23.000 --> 01:10:25.510 align:start position:0% sell some token which at this point it's are<01:10:23.199> publicly<01:10:23.600> known<01:10:23.880> to<01:10:24.120> be<01:10:24.280> worth<01:10:24.640> 100<01:10:25.320> for 01:10:25.510 --> 01:10:25.520 align:start position:0% are publicly known to be worth 100 for 01:10:25.520 --> 01:10:27.910 align:start position:0% are publicly known to be worth 100 for way<01:10:25.719> less<01:10:25.880> than<01:10:26.120> 100<01:10:27.080> so<01:10:27.320> that's<01:10:27.480> why<01:10:27.600> you<01:10:27.719> see 01:10:27.910 --> 01:10:27.920 align:start position:0% way less than 100 so that's why you see 01:10:27.920 --> 01:10:29.310 align:start position:0% way less than 100 so that's why you see most<01:10:28.120> of<01:10:28.239> the<01:10:28.320> prediction<01:10:28.719> Market<01:10:29.040> will<01:10:29.159> be 01:10:29.310 --> 01:10:29.320 align:start position:0% most of the prediction Market will be 01:10:29.320 --> 01:10:31.229 align:start position:0% most of the prediction Market will be stuff<01:10:29.600> like<01:10:29.760> elections<01:10:30.560> because<01:10:30.840> election 01:10:31.229 --> 01:10:31.239 align:start position:0% stuff like elections because election 01:10:31.239 --> 01:10:34.350 align:start position:0% stuff like elections because election you<01:10:31.320> have<01:10:31.440> a<01:10:31.640> very<01:10:32.640> uh<01:10:33.280> cut<01:10:33.480> of<01:10:33.640> date<01:10:33.960> where<01:10:34.199> you 01:10:34.350 --> 01:10:34.360 align:start position:0% you have a very uh cut of date where you 01:10:34.360 --> 01:10:36.189 align:start position:0% you have a very uh cut of date where you know<01:10:34.600> when<01:10:34.719> you<01:10:34.840> know<01:10:35.560> but<01:10:35.679> if<01:10:35.760> you<01:10:35.840> are<01:10:35.960> making 01:10:36.189 --> 01:10:36.199 align:start position:0% know when you know but if you are making 01:10:36.199 --> 01:10:38.910 align:start position:0% know when you know but if you are making a<01:10:36.320> market<01:10:36.640> for<01:10:36.840> example<01:10:37.760> will<01:10:38.440> the<01:10:38.600> war<01:10:38.800> in 01:10:38.910 --> 01:10:38.920 align:start position:0% a market for example will the war in 01:10:38.920 --> 01:10:41.070 align:start position:0% a market for example will the war in Ukraine<01:10:39.320> stop<01:10:39.880> well<01:10:40.000> you<01:10:40.080> don't<01:10:40.239> know<01:10:40.360> when<01:10:40.520> it 01:10:41.070 --> 01:10:41.080 align:start position:0% Ukraine stop well you don't know when it 01:10:41.080 --> 01:10:45.350 align:start position:0% Ukraine stop well you don't know when it stop<01:10:42.080> or<01:10:42.280> it<01:10:42.400> doesn't<01:10:42.880> stop<01:10:43.880> so<01:10:44.719> for<01:10:45.000> of<01:10:45.159> those 01:10:45.350 --> 01:10:45.360 align:start position:0% stop or it doesn't stop so for of those 01:10:45.360 --> 01:10:46.950 align:start position:0% stop or it doesn't stop so for of those markets<01:10:45.760> it<01:10:45.920> tend<01:10:46.120> to<01:10:46.239> be<01:10:46.360> extremely<01:10:46.679> hard<01:10:46.840> to 01:10:46.950 --> 01:10:46.960 align:start position:0% markets it tend to be extremely hard to 01:10:46.960 --> 01:10:48.950 align:start position:0% markets it tend to be extremely hard to get<01:10:47.120> liquidity<01:10:48.120> so<01:10:48.320> what<01:10:48.400> you<01:10:48.520> can<01:10:48.640> do<01:10:48.760> you<01:10:48.840> can 01:10:48.950 --> 01:10:48.960 align:start position:0% get liquidity so what you can do you can 01:10:48.960 --> 01:10:51.149 align:start position:0% get liquidity so what you can do you can subsidize<01:10:49.440> the<01:10:49.640> liquidity<01:10:50.640> knowing<01:10:50.920> that<01:10:51.080> the 01:10:51.149 --> 01:10:51.159 align:start position:0% subsidize the liquidity knowing that the 01:10:51.159 --> 01:10:53.110 align:start position:0% subsidize the liquidity knowing that the liqu<01:10:51.440> provider<01:10:51.800> will<01:10:51.960> lose<01:10:52.159> money<01:10:52.840> but<01:10:52.960> then 01:10:53.110 --> 01:10:53.120 align:start position:0% liqu provider will lose money but then 01:10:53.120 --> 01:10:54.390 align:start position:0% liqu provider will lose money but then they<01:10:53.199> should<01:10:53.400> get<01:10:53.560> more<01:10:53.760> in<01:10:53.880> the<01:10:54.199> in<01:10:54.280> the 01:10:54.390 --> 01:10:54.400 align:start position:0% they should get more in the in the 01:10:54.400 --> 01:10:56.510 align:start position:0% they should get more in the in the liquidity<01:10:54.760> subsidies 01:10:56.510 --> 01:10:56.520 align:start position:0% liquidity subsidies 01:10:56.520 --> 01:10:59.990 align:start position:0% liquidity subsidies or<01:10:56.840> we<01:10:56.920> will<01:10:57.080> need<01:10:57.239> to<01:10:57.360> have<01:10:57.560> other<01:10:57.960> form<01:10:58.960> of<01:10:59.440> uh 01:10:59.990 --> 01:11:00.000 align:start position:0% or we will need to have other form of uh 01:11:00.000 --> 01:11:02.430 align:start position:0% or we will need to have other form of uh market<01:11:00.320> makers<01:11:01.159> which<01:11:01.320> do<01:11:01.520> not<01:11:01.679> allow<01:11:01.960> you<01:11:02.159> to 01:11:02.430 --> 01:11:02.440 align:start position:0% market makers which do not allow you to 01:11:02.440 --> 01:11:05.390 align:start position:0% market makers which do not allow you to just<01:11:03.159> buy<01:11:03.440> and<01:11:03.560> sell<01:11:03.800> at<01:11:03.920> any<01:11:04.120> time<01:11:04.719> so<01:11:05.159> we<01:11:05.239> are 01:11:05.390 --> 01:11:05.400 align:start position:0% just buy and sell at any time so we are 01:11:05.400 --> 01:11:08.149 align:start position:0% just buy and sell at any time so we are working<01:11:06.000> also<01:11:06.480> at<01:11:06.800> with<01:11:06.960> with<01:11:07.159> here<01:11:07.640> on<01:11:07.840> making 01:11:08.149 --> 01:11:08.159 align:start position:0% working also at with with here on making 01:11:08.159 --> 01:11:12.110 align:start position:0% working also at with with here on making some<01:11:08.600> mix<01:11:09.080> of<01:11:09.640> amm<01:11:10.040> and<01:11:10.159> auction<01:11:11.040> so<01:11:11.440> that<01:11:11.920> you 01:11:12.110 --> 01:11:12.120 align:start position:0% some mix of amm and auction so that you 01:11:12.120 --> 01:11:15.590 align:start position:0% some mix of amm and auction so that you have<01:11:12.280> some<01:11:12.600> one<01:11:12.840> or<01:11:12.960> two<01:11:13.199> hour<01:11:14.199> to<01:11:14.840> over<01:11:15.199> beid 01:11:15.590 --> 01:11:15.600 align:start position:0% have some one or two hour to over beid 01:11:15.600 --> 01:11:16.870 align:start position:0% have some one or two hour to over beid other<01:11:15.840> people<01:11:16.080> who<01:11:16.159> are<01:11:16.320> interacting<01:11:16.760> with 01:11:16.870 --> 01:11:16.880 align:start position:0% other people who are interacting with 01:11:16.880 --> 01:11:19.189 align:start position:0% other people who are interacting with the<01:11:17.000> market<01:11:17.280> maker<01:11:18.239> specifically<01:11:18.679> for<01:11:18.880> Market 01:11:19.189 --> 01:11:19.199 align:start position:0% the market maker specifically for Market 01:11:19.199 --> 01:11:20.830 align:start position:0% the market maker specifically for Market where<01:11:19.400> we<01:11:19.480> don't<01:11:19.640> know<01:11:19.800> when<01:11:19.960> we<01:11:20.080> know<01:11:20.560> to<01:11:20.719> make 01:11:20.830 --> 01:11:20.840 align:start position:0% where we don't know when we know to make 01:11:20.840 --> 01:11:22.310 align:start position:0% where we don't know when we know to make it<01:11:21.000> way<01:11:21.159> less<01:11:21.360> risky<01:11:21.640> for<01:11:21.840> liquidity 01:11:22.310 --> 01:11:22.320 align:start position:0% it way less risky for liquidity 01:11:22.320 --> 01:11:24.350 align:start position:0% it way less risky for liquidity providers<01:11:23.120> so<01:11:23.320> this<01:11:23.640> for<01:11:23.840> now<01:11:24.000> has<01:11:24.120> not<01:11:24.239> been 01:11:24.350 --> 01:11:24.360 align:start position:0% providers so this for now has not been 01:11:24.360 --> 01:11:26.470 align:start position:0% providers so this for now has not been implemented<01:11:24.960> that<01:11:25.400> like<01:11:25.520> a<01:11:25.600> research<01:11:26.280> uh 01:11:26.470 --> 01:11:26.480 align:start position:0% implemented that like a research uh 01:11:26.480 --> 01:11:28.630 align:start position:0% implemented that like a research uh Direction<01:11:27.400> but<01:11:27.480> it's<01:11:27.640> a<01:11:27.840> huge<01:11:28.120> par<01:11:28.480> for 01:11:28.630 --> 01:11:28.640 align:start position:0% Direction but it's a huge par for 01:11:28.640 --> 01:11:30.270 align:start position:0% Direction but it's a huge par for prediction<01:11:29.000> Market<01:11:29.719> uh<01:11:29.840> to<01:11:30.000> provide 01:11:30.270 --> 01:11:30.280 align:start position:0% prediction Market uh to provide 01:11:30.280 --> 01:11:36.310 align:start position:0% prediction Market uh to provide liquidity<01:11:31.239> uh<01:11:31.400> the<01:11:31.719> revolution 01:11:36.310 --> 01:11:36.320 align:start position:0% 01:11:36.320 --> 01:11:39.830 align:start position:0% loss<01:11:37.320> and<01:11:37.560> so<01:11:37.800> now<01:11:38.040> on<01:11:38.199> the<01:11:38.400> weight<01:11:38.639> of<01:11:38.760> the 01:11:39.830 --> 01:11:39.840 align:start position:0% loss and so now on the weight of the 01:11:39.840 --> 01:11:42.550 align:start position:0% loss and so now on the weight of the candle<01:11:40.840> the 01:11:42.550 --> 01:11:42.560 align:start position:0% candle the 01:11:42.560 --> 01:11:46.590 align:start position:0% candle the weight<01:11:43.560> is<01:11:44.159> 226 01:11:46.590 --> 01:11:46.600 align:start position:0% weight is 226 01:11:46.600 --> 01:11:57.470 align:start position:0% weight is 226 gram<01:11:47.600> you<01:11:47.760> can 01:11:57.470 --> 01:11:57.480 align:start position:0% 01:11:57.480 --> 01:11:59.110 align:start position:0% but<01:11:57.679> you<01:11:57.800> can<01:11:57.960> check<01:11:58.239> here<01:11:58.400> if<01:11:58.480> you<01:11:58.600> want<01:11:58.760> to<01:11:59.040> if 01:11:59.110 --> 01:11:59.120 align:start position:0% but you can check here if you want to if 01:11:59.120 --> 01:12:01.390 align:start position:0% but you can check here if you want to if you<01:11:59.199> don't<01:11:59.360> try<01:11:59.639> the<01:11:59.719> orle<01:12:00.199> you<01:12:00.320> can<01:12:01.120> it's<01:12:01.239> on 01:12:01.390 --> 01:12:01.400 align:start position:0% you don't try the orle you can it's on 01:12:01.400 --> 01:12:03.270 align:start position:0% you don't try the orle you can it's on the<01:12:01.560> balance<01:12:01.920> there<01:12:02.080> if<01:12:02.159> you<01:12:02.239> want<01:12:02.360> to 01:12:03.270 --> 01:12:03.280 align:start position:0% the balance there if you want to 01:12:03.280 --> 01:12:05.590 align:start position:0% the balance there if you want to check<01:12:04.280> so<01:12:04.480> this<01:12:04.639> means<01:12:04.880> that<01:12:05.000> the<01:12:05.159> up<01:12:05.320> token 01:12:05.590 --> 01:12:05.600 align:start position:0% check so this means that the up token 01:12:05.600 --> 01:12:07.149 align:start position:0% check so this means that the up token are<01:12:05.800> going<01:12:05.880> to<01:12:06.000> redeem<01:12:06.280> for<01:12:06.520> 100<01:12:06.760> and<01:12:06.840> the<01:12:06.960> down 01:12:07.149 --> 01:12:07.159 align:start position:0% are going to redeem for 100 and the down 01:12:07.159 --> 01:12:10.430 align:start position:0% are going to redeem for 100 and the down token<01:12:07.440> redeem<01:12:07.760> for<01:12:08.440> zero<01:12:09.440> oh<01:12:09.600> Market<01:12:09.840> is<01:12:09.960> done 01:12:10.430 --> 01:12:10.440 align:start position:0% token redeem for zero oh Market is done 01:12:10.440 --> 01:12:12.550 align:start position:0% token redeem for zero oh Market is done oh<01:12:11.080> yeah<01:12:11.280> the<01:12:11.400> market<01:12:11.679> about<01:12:11.880> the<01:12:12.000> weight<01:12:12.239> is 01:12:12.550 --> 01:12:12.560 align:start position:0% oh yeah the market about the weight is 01:12:12.560 --> 01:12:15.110 align:start position:0% oh yeah the market about the weight is uh 01:12:15.110 --> 01:12:15.120 align:start position:0% 01:12:15.120 --> 01:12:18.550 align:start position:0% closed<01:12:16.120> it's<01:12:16.239> closed<01:12:16.560> also<01:12:16.880> yeah<01:12:17.080> yeah<01:12:18.080> so<01:12:18.320> no 01:12:18.550 --> 01:12:18.560 align:start position:0% closed it's closed also yeah yeah so no 01:12:18.560 --> 01:12:20.189 align:start position:0% closed it's closed also yeah yeah so no both<01:12:18.719> Market<01:12:19.000> are<01:12:19.199> closed<01:12:19.600> there<01:12:19.679> is<01:12:19.840> no<01:12:19.960> open 01:12:20.189 --> 01:12:20.199 align:start position:0% both Market are closed there is no open 01:12:20.199 --> 01:12:23.110 align:start position:0% both Market are closed there is no open market<01:12:20.880> left<01:12:21.880> and<01:12:22.000> you<01:12:22.080> can<01:12:22.239> redeem<01:12:22.679> the<01:12:22.840> up 01:12:23.110 --> 01:12:23.120 align:start position:0% market left and you can redeem the up 01:12:23.120 --> 01:13:24.110 align:start position:0% market left and you can redeem the up token<01:12:23.840> on<01:12:24.040> the<01:12:24.199> price<01:12:24.880> on<01:12:25.000> the<01:12:25.239> wait<01:12:25.440> sorry 01:13:24.110 --> 01:13:24.120 align:start position:0% 01:13:24.120 --> 01:13:54.030 align:start position:0% yeah 01:13:54.030 --> 01:13:54.040 align:start position:0% 01:13:54.040 --> 01:14:33.430 align:start position:0% for<01:13:55.080> e 01:14:33.430 --> 01:14:33.440 align:start position:0% 01:14:33.440 --> 01:14:35.550 align:start position:0% okay<01:14:33.639> so<01:14:34.440> what<01:14:34.560> do<01:14:34.679> we<01:14:34.840> what<01:14:34.920> do<01:14:35.000> you<01:14:35.159> define 01:14:35.550 --> 01:14:35.560 align:start position:0% okay so what do we what do you define 01:14:35.560 --> 01:14:39.110 align:start position:0% okay so what do we what do you define here<01:14:36.440> uh<01:14:36.760> we<01:14:36.920> found<01:14:37.199> a<01:14:37.320> limitation<01:14:38.159> of<01:14:38.320> scalar 01:14:39.110 --> 01:14:39.120 align:start position:0% here uh we found a limitation of scalar 01:14:39.120 --> 01:14:42.149 align:start position:0% here uh we found a limitation of scalar markets<01:14:40.120> please<01:14:40.360> everyone<01:14:40.719> silence<01:14:41.199> everyone 01:14:42.149 --> 01:14:42.159 align:start position:0% markets please everyone silence everyone 01:14:42.159 --> 01:14:44.669 align:start position:0% markets please everyone silence everyone please<01:14:43.159> so<01:14:43.520> we<01:14:43.679> found<01:14:43.880> the<01:14:43.960> limitation<01:14:44.440> of 01:14:44.669 --> 01:14:44.679 align:start position:0% please so we found the limitation of 01:14:44.679 --> 01:14:47.030 align:start position:0% please so we found the limitation of scalar<01:14:45.040> markets<01:14:46.040> in<01:14:46.239> that<01:14:46.560> you<01:14:46.719> have<01:14:46.840> to 01:14:47.030 --> 01:14:47.040 align:start position:0% scalar markets in that you have to 01:14:47.040 --> 01:14:51.390 align:start position:0% scalar markets in that you have to specify<01:14:47.960> ranges<01:14:49.040> and<01:14:50.040> if<01:14:50.159> your<01:14:50.360> outcome<01:14:51.159> is 01:14:51.390 --> 01:14:51.400 align:start position:0% specify ranges and if your outcome is 01:14:51.400 --> 01:14:53.709 align:start position:0% specify ranges and if your outcome is outside<01:14:51.760> of<01:14:51.840> the<01:14:52.000> range<01:14:52.920> just<01:14:53.239> using<01:14:53.560> the 01:14:53.709 --> 01:14:53.719 align:start position:0% outside of the range just using the 01:14:53.719 --> 01:14:55.310 align:start position:0% outside of the range just using the market<01:14:54.080> price<01:14:54.320> is<01:14:54.520> not<01:14:54.679> going<01:14:54.760> to<01:14:54.840> be<01:14:55.159> very 01:14:55.310 --> 01:14:55.320 align:start position:0% market price is not going to be very 01:14:55.320 --> 01:14:58.229 align:start position:0% market price is not going to be very inform<01:14:56.280> informative<01:14:57.280> um<01:14:57.440> we<01:14:57.560> even<01:14:57.760> saw<01:14:58.000> that 01:14:58.229 --> 01:14:58.239 align:start position:0% inform informative um we even saw that 01:14:58.239 --> 01:15:01.830 align:start position:0% inform informative um we even saw that on<01:14:58.440> most<01:14:58.760> pods<01:14:59.360> the<01:14:59.600> price<01:15:00.360> of<01:15:00.560> the<01:15:00.960> up<01:15:01.440> was<01:15:01.639> not 01:15:01.830 --> 01:15:01.840 align:start position:0% on most pods the price of the up was not 01:15:01.840 --> 01:15:04.229 align:start position:0% on most pods the price of the up was not even<01:15:02.080> at<01:15:02.480> 100<01:15:03.239> so<01:15:03.400> we<01:15:03.520> see<01:15:03.679> like<01:15:03.840> here<01:15:04.000> we<01:15:04.120> have 01:15:04.229 --> 01:15:04.239 align:start position:0% even at 100 so we see like here we have 01:15:04.239 --> 01:15:06.590 align:start position:0% even at 100 so we see like here we have a<01:15:04.400> huge<01:15:04.760> Miss<01:15:05.120> in<01:15:05.239> the<01:15:05.400> prediction<01:15:05.800> potential 01:15:06.590 --> 01:15:06.600 align:start position:0% a huge Miss in the prediction potential 01:15:06.600 --> 01:15:09.629 align:start position:0% a huge Miss in the prediction potential like<01:15:07.280> if<01:15:07.440> the<01:15:07.560> market<01:15:07.840> was<01:15:08.000> close<01:15:08.239> to<01:15:08.520> 100<01:15:09.520> you 01:15:09.629 --> 01:15:09.639 align:start position:0% like if the market was close to 100 you 01:15:09.639 --> 01:15:11.709 align:start position:0% like if the market was close to 100 you would<01:15:09.920> have<01:15:10.120> gotten<01:15:10.400> the<01:15:10.600> information<01:15:11.480> that 01:15:11.709 --> 01:15:11.719 align:start position:0% would have gotten the information that 01:15:11.719 --> 01:15:14.310 align:start position:0% would have gotten the information that the<01:15:12.000> the<01:15:12.120> weight<01:15:12.360> is<01:15:12.560> probably<01:15:13.080> 100<01:15:13.360> or<01:15:13.520> more 01:15:14.310 --> 01:15:14.320 align:start position:0% the the weight is probably 100 or more 01:15:14.320 --> 01:15:16.550 align:start position:0% the the weight is probably 100 or more but<01:15:14.480> here<01:15:14.639> it<01:15:14.760> was<01:15:14.960> not<01:15:15.159> even 01:15:16.550 --> 01:15:16.560 align:start position:0% but here it was not even 01:15:16.560 --> 01:15:19.750 align:start position:0% but here it was not even 100<01:15:17.560> so<01:15:18.360> for<01:15:18.560> scalar<01:15:18.880> Market<01:15:19.199> to<01:15:19.280> be<01:15:19.440> good<01:15:19.600> at 01:15:19.750 --> 01:15:19.760 align:start position:0% 100 so for scalar Market to be good at 01:15:19.760 --> 01:15:23.510 align:start position:0% 100 so for scalar Market to be good at giving<01:15:20.040> you<01:15:20.920> uh<01:15:21.360> scalar<01:15:21.880> outcomes<01:15:22.880> you<01:15:23.040> need 01:15:23.510 --> 01:15:23.520 align:start position:0% giving you uh scalar outcomes you need 01:15:23.520 --> 01:15:25.950 align:start position:0% giving you uh scalar outcomes you need to<01:15:23.719> have<01:15:24.000> initial<01:15:24.400> range<01:15:24.679> which<01:15:24.800> are<01:15:25.159> good<01:15:25.760> and 01:15:25.950 --> 01:15:25.960 align:start position:0% to have initial range which are good and 01:15:25.960 --> 01:15:29.229 align:start position:0% to have initial range which are good and it's<01:15:26.159> only<01:15:26.560> an<01:15:26.760> estimator<01:15:27.639> of<01:15:27.760> the 01:15:29.229 --> 01:15:29.239 align:start position:0% it's only an estimator of the 01:15:29.239 --> 01:15:32.430 align:start position:0% it's only an estimator of the value<01:15:30.239> if<01:15:31.120> this<01:15:31.320> value<01:15:31.639> Falls<01:15:32.080> within<01:15:32.320> the 01:15:32.430 --> 01:15:32.440 align:start position:0% value if this value Falls within the 01:15:32.440 --> 01:15:34.110 align:start position:0% value if this value Falls within the range<01:15:32.719> you<01:15:32.800> have<01:15:32.880> to<01:15:33.040> make<01:15:33.159> the<01:15:33.360> assumption 01:15:34.110 --> 01:15:34.120 align:start position:0% range you have to make the assumption 01:15:34.120 --> 01:15:36.310 align:start position:0% range you have to make the assumption that<01:15:34.280> the<01:15:34.400> value<01:15:34.639> fall<01:15:35.000> within<01:15:35.239> the<01:15:35.360> range<01:15:36.199> if 01:15:36.310 --> 01:15:36.320 align:start position:0% that the value fall within the range if 01:15:36.320 --> 01:15:38.030 align:start position:0% that the value fall within the range if there<01:15:36.440> are<01:15:36.600> some<01:15:36.840> risk<01:15:37.199> of<01:15:37.360> the<01:15:37.480> value<01:15:37.679> falling 01:15:38.030 --> 01:15:38.040 align:start position:0% there are some risk of the value falling 01:15:38.040 --> 01:15:40.550 align:start position:0% there are some risk of the value falling outside<01:15:38.360> of<01:15:38.440> the<01:15:38.560> range<01:15:39.280> you<01:15:39.400> will<01:15:39.600> end<01:15:39.800> up<01:15:40.440> uh 01:15:40.550 --> 01:15:40.560 align:start position:0% outside of the range you will end up uh 01:15:40.560 --> 01:15:44.070 align:start position:0% outside of the range you will end up uh with<01:15:40.679> a<01:15:40.960> bias<01:15:41.840> estimate<01:15:42.400> of<01:15:42.560> this<01:15:42.760> value<01:15:43.719> so 01:15:44.070 --> 01:15:44.080 align:start position:0% with a bias estimate of this value so 01:15:44.080 --> 01:15:47.629 align:start position:0% with a bias estimate of this value so another<01:15:44.600> limitation<01:15:45.600> of<01:15:46.000> of<01:15:46.120> prediction 01:15:47.629 --> 01:15:47.639 align:start position:0% another limitation of of prediction 01:15:47.639 --> 01:15:50.950 align:start position:0% another limitation of of prediction markets<01:15:48.639> so<01:15:48.960> now<01:15:49.159> we're<01:15:49.320> going<01:15:49.440> to<01:15:49.679> go<01:15:50.320> to 01:15:50.950 --> 01:15:50.960 align:start position:0% markets so now we're going to go to 01:15:50.960 --> 01:15:55.270 align:start position:0% markets so now we're going to go to scalar<01:15:51.440> Market<01:15:52.360> well<01:15:52.480> multiscalar<01:15:53.120> Market 01:15:55.270 --> 01:15:55.280 align:start position:0% scalar Market well multiscalar Market 01:15:55.280 --> 01:15:57.629 align:start position:0% scalar Market well multiscalar Market so<01:15:55.480> what<01:15:55.600> can<01:15:55.760> we<01:15:55.920> do<01:15:56.440> we<01:15:56.560> can<01:15:56.760> estimate<01:15:57.400> we<01:15:57.480> can 01:15:57.629 --> 01:15:57.639 align:start position:0% so what can we do we can estimate we can 01:15:57.639 --> 01:16:00.070 align:start position:0% so what can we do we can estimate we can estimate<01:15:58.080> values<01:15:58.920> but<01:15:59.040> we<01:15:59.120> can<01:15:59.280> also<01:15:59.520> estimate 01:16:00.070 --> 01:16:00.080 align:start position:0% estimate values but we can also estimate 01:16:00.080 --> 01:16:02.990 align:start position:0% estimate values but we can also estimate proportions<01:16:01.080> so<01:16:01.239> for<01:16:01.440> example<01:16:01.920> we<01:16:02.040> can<01:16:02.199> make<01:16:02.360> a 01:16:02.990 --> 01:16:03.000 align:start position:0% proportions so for example we can make a 01:16:03.000 --> 01:16:05.310 align:start position:0% proportions so for example we can make a multiscalar<01:16:03.600> market<01:16:04.520> where<01:16:04.760> we<01:16:04.880> want<01:16:05.080> to 01:16:05.310 --> 01:16:05.320 align:start position:0% multiscalar market where we want to 01:16:05.320 --> 01:16:08.430 align:start position:0% multiscalar market where we want to estimate<01:16:06.239> how<01:16:06.440> many<01:16:07.000> seat<01:16:07.600> in<01:16:07.719> the<01:16:07.840> Europe<01:16:08.360> in 01:16:08.430 --> 01:16:08.440 align:start position:0% estimate how many seat in the Europe in 01:16:08.440 --> 01:16:11.310 align:start position:0% estimate how many seat in the Europe in the<01:16:08.560> European<01:16:08.960> Parliament<01:16:09.960> with<01:16:10.719> each<01:16:11.000> party 01:16:11.310 --> 01:16:11.320 align:start position:0% the European Parliament with each party 01:16:11.320 --> 01:16:15.390 align:start position:0% the European Parliament with each party will<01:16:11.560> get<01:16:12.440> so<01:16:13.480> here<01:16:14.480> you<01:16:14.600> don't<01:16:14.840> take<01:16:15.080> position 01:16:15.390 --> 01:16:15.400 align:start position:0% will get so here you don't take position 01:16:15.400 --> 01:16:17.310 align:start position:0% will get so here you don't take position on<01:16:15.560> a<01:16:15.760> particular<01:16:16.280> value<01:16:16.840> you<01:16:17.000> take<01:16:17.159> a 01:16:17.310 --> 01:16:17.320 align:start position:0% on a particular value you take a 01:16:17.320 --> 01:16:19.590 align:start position:0% on a particular value you take a position<01:16:17.600> on<01:16:17.719> a<01:16:17.880> particular<01:16:18.320> share<01:16:19.159> so<01:16:19.360> in<01:16:19.480> the 01:16:19.590 --> 01:16:19.600 align:start position:0% position on a particular share so in the 01:16:19.600 --> 01:16:22.149 align:start position:0% position on a particular share so in the European<01:16:20.000> Parliament<01:16:20.840> well<01:16:21.400> the<01:16:21.560> amount<01:16:21.800> of 01:16:22.149 --> 01:16:22.159 align:start position:0% European Parliament well the amount of 01:16:22.159 --> 01:16:24.350 align:start position:0% European Parliament well the amount of of<01:16:22.280> seties<01:16:22.719> is<01:16:22.880> fixed<01:16:23.639> but<01:16:23.800> here<01:16:23.920> we<01:16:24.040> will<01:16:24.159> see 01:16:24.350 --> 01:16:24.360 align:start position:0% of seties is fixed but here we will see 01:16:24.360 --> 01:16:26.030 align:start position:0% of seties is fixed but here we will see we<01:16:24.480> will<01:16:24.920> have<01:16:25.040> a<01:16:25.159> market<01:16:25.520> where<01:16:25.639> we<01:16:25.800> don't 01:16:26.030 --> 01:16:26.040 align:start position:0% we will have a market where we don't 01:16:26.040 --> 01:16:29.070 align:start position:0% we will have a market where we don't even<01:16:26.239> know<01:16:27.159> uh<01:16:27.560> the<01:16:27.880> the<01:16:28.040> range<01:16:28.600> the<01:16:28.719> potential 01:16:29.070 --> 01:16:29.080 align:start position:0% even know uh the the range the potential 01:16:29.080 --> 01:16:31.669 align:start position:0% even know uh the the range the potential range<01:16:29.280> of<01:16:29.480> of<01:16:29.600> the<01:16:29.960> value<01:16:30.960> so<01:16:31.120> let's<01:16:31.360> go<01:16:31.480> to 01:16:31.669 --> 01:16:31.679 align:start position:0% range of of the value so let's go to 01:16:31.679 --> 01:16:32.510 align:start position:0% range of of the value so let's go to this 01:16:32.510 --> 01:16:32.520 align:start position:0% this 01:16:32.520 --> 01:16:42.149 align:start position:0% this Market<01:16:33.520> you<01:16:33.639> can<01:16:33.920> open<01:16:34.600> uh<01:16:34.800> the<01:16:35.000> next<01:16:35.239> two 01:16:42.149 --> 01:16:42.159 align:start position:0% 01:16:42.159 --> 01:16:44.709 align:start position:0% boxes<01:16:43.159> and<01:16:43.360> here<01:16:43.520> we're<01:16:43.679> going<01:16:43.760> to<01:16:43.960> try<01:16:44.159> to 01:16:44.709 --> 01:16:44.719 align:start position:0% boxes and here we're going to try to 01:16:44.719 --> 01:16:48.070 align:start position:0% boxes and here we're going to try to estimate<01:16:45.719> how<01:16:45.880> many<01:16:46.360> participant<01:16:47.360> do<01:16:47.520> we<01:16:47.719> have 01:16:48.070 --> 01:16:48.080 align:start position:0% estimate how many participant do we have 01:16:48.080 --> 01:16:51.390 align:start position:0% estimate how many participant do we have from<01:16:48.360> each<01:16:48.960> continent<01:16:49.960> so<01:16:50.239> open<01:16:51.000> take<01:16:51.239> the 01:16:51.390 --> 01:16:51.400 align:start position:0% from each continent so open take the 01:16:51.400 --> 01:16:55.830 align:start position:0% from each continent so open take the continent<01:16:51.920> amm 01:16:55.830 --> 01:16:55.840 align:start position:0% 01:16:55.840 --> 01:16:57.350 align:start position:0% in<01:16:56.000> this<01:16:56.159> room 01:16:57.350 --> 01:16:57.360 align:start position:0% in this room 01:16:57.360 --> 01:17:01.149 align:start position:0% in this room yeah<01:16:58.360> so<01:16:58.639> the<01:16:59.400> you<01:16:59.560> want<01:16:59.719> to<01:17:00.600> estimate<01:17:01.040> the 01:17:01.149 --> 01:17:01.159 align:start position:0% yeah so the you want to estimate the 01:17:01.159 --> 01:17:03.229 align:start position:0% yeah so the you want to estimate the share<01:17:01.679> of<01:17:01.880> participant<01:17:02.440> per<01:17:02.639> continent<01:17:03.080> in 01:17:03.229 --> 01:17:03.239 align:start position:0% share of participant per continent in 01:17:03.239 --> 01:17:04.070 align:start position:0% share of participant per continent in this 01:17:04.070 --> 01:17:04.080 align:start position:0% this 01:17:04.080 --> 01:17:07.110 align:start position:0% this room<01:17:05.080> in<01:17:05.280> this<01:17:05.440> room<01:17:05.760> yeah<01:17:06.360> yeah<01:17:06.480> I<01:17:06.600> know<01:17:07.000> at 01:17:07.110 --> 01:17:07.120 align:start position:0% room in this room yeah yeah I know at 01:17:07.120 --> 01:17:09.709 align:start position:0% room in this room yeah yeah I know at the<01:17:07.239> morning<01:17:07.920> they<01:17:08.080> gave<01:17:08.280> you<01:17:09.159> the<01:17:09.320> global 01:17:09.709 --> 01:17:09.719 align:start position:0% the morning they gave you the global 01:17:09.719 --> 01:17:41.229 align:start position:0% the morning they gave you the global amount 01:17:41.229 --> 01:17:41.239 align:start position:0% 01:17:41.239 --> 01:17:43.870 align:start position:0% so<01:17:41.520> where<01:17:41.920> you<01:17:42.400> just<01:17:42.960> were<01:17:43.199> living<01:17:43.560> before 01:17:43.870 --> 01:17:43.880 align:start position:0% so where you just were living before 01:17:43.880 --> 01:17:48.709 align:start position:0% so where you just were living before coming 01:17:48.709 --> 01:17:48.719 align:start position:0% 01:17:48.719 --> 01:17:51.310 align:start position:0% here<01:17:49.719> oh<01:17:50.320> no<01:17:50.600> Let's<01:17:50.719> do<01:17:50.960> let's<01:17:51.080> do<01:17:51.199> where 01:17:51.310 --> 01:17:51.320 align:start position:0% here oh no Let's do let's do where 01:17:51.320 --> 01:17:52.830 align:start position:0% here oh no Let's do let's do where you're<01:17:51.440> born<01:17:51.760> like<01:17:52.120> where<01:17:52.199> are<01:17:52.320> you<01:17:52.440> from<01:17:52.719> like 01:17:52.830 --> 01:17:52.840 align:start position:0% you're born like where are you from like 01:17:52.840 --> 01:17:54.350 align:start position:0% you're born like where are you from like answer<01:17:53.159> the<01:17:53.360> question<01:17:53.639> it's<01:17:53.840> subjective 01:17:54.350 --> 01:17:54.360 align:start position:0% answer the question it's subjective 01:17:54.360 --> 01:17:56.709 align:start position:0% answer the question it's subjective people<01:17:54.600> may<01:17:54.880> have<01:17:55.040> different<01:17:55.360> answer<01:17:55.679> to<01:17:55.880> that 01:17:56.709 --> 01:17:56.719 align:start position:0% people may have different answer to that 01:17:56.719 --> 01:17:58.590 align:start position:0% people may have different answer to that the<01:17:56.840> question<01:17:57.120> is<01:17:57.360> where<01:17:57.800> I'm<01:17:57.920> going<01:17:58.000> to<01:17:58.400> ask 01:17:58.590 --> 01:17:58.600 align:start position:0% the question is where I'm going to ask 01:17:58.600 --> 01:18:41.189 align:start position:0% the question is where I'm going to ask is<01:17:58.719> where<01:17:58.880> are<01:17:59.000> you<01:17:59.159> from 01:18:41.189 --> 01:18:41.199 align:start position:0% 01:18:41.199 --> 01:18:44.149 align:start position:0% you<01:18:41.320> have<01:18:41.440> to<01:18:41.560> put<01:18:41.719> one<01:18:41.960> here 01:18:44.149 --> 01:18:44.159 align:start position:0% you have to put one here 01:18:44.159 --> 01:18:59.189 align:start position:0% you have to put one here also<01:18:45.159> oh<01:18:45.840> okay<01:18:46.840> Asia<01:18:47.280> is 01:18:59.189 --> 01:18:59.199 align:start position:0% 01:18:59.199 --> 01:19:01.510 align:start position:0% what<01:19:00.199> uh<01:19:00.320> I<01:19:00.400> can<01:19:00.600> give<01:19:00.719> you<01:19:00.880> some<01:19:01.040> you<01:19:01.159> can<01:19:01.320> come 01:19:01.510 --> 01:19:01.520 align:start position:0% what uh I can give you some you can come 01:19:01.520 --> 01:19:50.110 align:start position:0% what uh I can give you some you can come pick<01:19:01.920> some<01:19:02.199> here 01:19:50.110 --> 01:19:50.120 align:start position:0% 01:19:50.120 --> 01:19:52.910 align:start position:0% yeah<01:19:51.120> in<01:19:51.280> this<01:19:51.480> room<01:19:52.040> not<01:19:52.239> the<01:19:52.400> death<01:19:52.600> gun<01:19:52.800> in 01:19:52.910 --> 01:19:52.920 align:start position:0% yeah in this room not the death gun in 01:19:52.920 --> 01:19:55.310 align:start position:0% yeah in this room not the death gun in this<01:19:53.120> room 01:19:55.310 --> 01:19:55.320 align:start position:0% this room 01:19:55.320 --> 01:20:53.430 align:start position:0% this room too<01:19:55.600> easy 01:20:53.430 --> 01:20:53.440 align:start position:0% 01:20:53.440 --> 01:21:10.350 align:start position:0% it's<01:20:53.560> a<01:20:53.760> war<01:20:54.040> room<01:20:54.440> not<01:20:54.880> your<01:20:55.080> part<01:20:55.239> it's<01:20:55.360> a<01:20:55.480> W 01:21:10.350 --> 01:21:10.360 align:start position:0% 01:21:10.360 --> 01:21:32.830 align:start position:0% room<01:21:11.360> yeah 01:21:32.830 --> 01:21:32.840 align:start position:0% 01:21:32.840 --> 01:22:09.590 align:start position:0% bet 01:22:09.590 --> 01:22:09.600 align:start position:0% 01:22:09.600 --> 01:22:52.189 align:start position:0% with<01:22:09.719> the 01:22:52.189 --> 01:22:52.199 align:start position:0% 01:22:52.199 --> 01:22:54.189 align:start position:0% that's<01:22:52.360> the<01:22:52.639> percentage<01:22:53.639> not<01:22:53.800> the<01:22:53.920> amount 01:22:54.189 --> 01:22:54.199 align:start position:0% that's the percentage not the amount 01:22:54.199 --> 01:22:55.350 align:start position:0% that's the percentage not the amount that's<01:22:54.280> a 01:22:55.350 --> 01:22:55.360 align:start position:0% that's a 01:22:55.360 --> 01:22:57.990 align:start position:0% that's a percentage<01:22:56.360> and<01:22:57.120> you<01:22:57.280> may<01:22:57.440> not<01:22:57.639> even<01:22:57.800> know 01:22:57.990 --> 01:22:58.000 align:start position:0% percentage and you may not even know 01:22:58.000 --> 01:22:59.750 align:start position:0% percentage and you may not even know what<01:22:58.120> is<01:22:58.199> the<01:22:58.320> total<01:22:58.560> amount<01:22:59.120> so<01:22:59.360> here<01:22:59.480> you<01:22:59.600> are 01:22:59.750 --> 01:22:59.760 align:start position:0% what is the total amount so here you are 01:22:59.760 --> 01:23:21.189 align:start position:0% what is the total amount so here you are estimating<01:23:00.480> a 01:23:21.189 --> 01:23:21.199 align:start position:0% 01:23:21.199 --> 01:23:27.430 align:start position:0% percentage<01:23:22.199> in<01:23:22.600> Asia<01:23:23.600> Ria 01:23:27.430 --> 01:23:27.440 align:start position:0% 01:23:27.440 --> 01:23:33.790 align:start position:0% both<01:23:28.440> both<01:23:29.360> yeah<01:23:30.120> so<01:23:30.280> you're<01:23:30.440> going<01:23:30.560> to<01:23:30.880> need 01:23:33.790 --> 01:23:33.800 align:start position:0% 01:23:33.800 --> 01:23:36.189 align:start position:0% to<01:23:34.800> no<01:23:35.199> it's<01:23:35.280> going<01:23:35.400> to<01:23:35.520> depend<01:23:35.800> what<01:23:35.960> people 01:23:36.189 --> 01:23:36.199 align:start position:0% to no it's going to depend what people 01:23:36.199 --> 01:23:38.350 align:start position:0% to no it's going to depend what people answer<01:23:37.080> so<01:23:37.400> if<01:23:37.520> they<01:23:37.679> consider<01:23:38.120> themselves 01:23:38.350 --> 01:23:38.360 align:start position:0% answer so if they consider themselves 01:23:38.360 --> 01:23:42.629 align:start position:0% answer so if they consider themselves European<01:23:38.800> or<01:23:38.920> if<01:23:39.000> they<01:23:39.120> consider<01:23:39.560> themselves 01:23:42.629 --> 01:23:42.639 align:start position:0% 01:23:42.639 --> 01:24:00.830 align:start position:0% Asian<01:23:43.639> yeah 01:24:00.830 --> 01:24:00.840 align:start position:0% 01:24:00.840 --> 01:24:04.430 align:start position:0% okay<01:24:01.000> so<01:24:01.199> the<01:24:01.320> market<01:24:01.639> are 01:24:04.430 --> 01:24:04.440 align:start position:0% 01:24:04.440 --> 01:24:06.669 align:start position:0% closing<01:24:05.440> the<01:24:05.560> market<01:24:05.880> are<01:24:06.040> closing<01:24:06.440> and<01:24:06.560> I'm 01:24:06.669 --> 01:24:06.679 align:start position:0% closing the market are closing and I'm 01:24:06.679 --> 01:24:10.149 align:start position:0% closing the market are closing and I'm going<01:24:06.800> to<01:24:06.920> ask<01:24:07.120> you 01:24:10.149 --> 01:24:10.159 align:start position:0% 01:24:10.159 --> 01:24:13.189 align:start position:0% now<01:24:11.159> so<01:24:11.360> please<01:24:11.679> everyone<01:24:12.120> the<01:24:12.280> market<01:24:12.560> are 01:24:13.189 --> 01:24:13.199 align:start position:0% now so please everyone the market are 01:24:13.199 --> 01:24:15.350 align:start position:0% now so please everyone the market are closing<01:24:14.199> do<01:24:14.360> your<01:24:14.560> last<01:24:14.800> trade<01:24:15.120> and<01:24:15.280> the 01:24:15.350 --> 01:24:15.360 align:start position:0% closing do your last trade and the 01:24:15.360 --> 01:24:23.110 align:start position:0% closing do your last trade and the market<01:24:15.600> are 01:24:23.110 --> 01:24:23.120 align:start position:0% 01:24:23.120 --> 01:24:25.310 align:start position:0% closing<01:24:24.120> okay<01:24:24.440> here<01:24:24.719> can<01:24:24.880> can<01:24:24.960> you<01:24:25.080> close<01:24:25.239> the 01:24:25.310 --> 01:24:25.320 align:start position:0% closing okay here can can you close the 01:24:25.320 --> 01:24:27.430 align:start position:0% closing okay here can can you close the market<01:24:25.560> close<01:24:25.760> the 01:24:27.430 --> 01:24:27.440 align:start position:0% market close the 01:24:27.440 --> 01:24:32.790 align:start position:0% market close the market<01:24:28.440> market<01:24:28.719> are<01:24:29.280> closed 01:24:32.790 --> 01:24:32.800 align:start position:0% 01:24:32.800 --> 01:24:35.149 align:start position:0% okay<01:24:33.800> okay<01:24:33.960> so 01:24:35.149 --> 01:24:35.159 align:start position:0% okay okay so 01:24:35.159 --> 01:24:38.070 align:start position:0% okay okay so everyone<01:24:36.159> please<01:24:36.560> silence<01:24:37.239> silence<01:24:37.679> everyone 01:24:38.070 --> 01:24:38.080 align:start position:0% everyone please silence silence everyone 01:24:38.080 --> 01:24:40.910 align:start position:0% everyone please silence silence everyone please<01:24:39.000> so<01:24:39.280> if<01:24:39.440> you<01:24:39.560> are<01:24:39.760> from<01:24:40.000> Europe<01:24:40.639> raise 01:24:40.910 --> 01:24:40.920 align:start position:0% please so if you are from Europe raise 01:24:40.920 --> 01:24:43.790 align:start position:0% please so if you are from Europe raise your<01:24:41.119> hand<01:24:41.480> if<01:24:41.600> you<01:24:41.719> are<01:24:41.840> from<01:24:42.199> Europe<01:24:43.199> 1<01:24:43.520> two 01:24:43.790 --> 01:24:43.800 align:start position:0% your hand if you are from Europe 1 two 01:24:43.800 --> 01:24:46.350 align:start position:0% your hand if you are from Europe 1 two three<01:24:44.119> four<01:24:44.480> five<01:24:44.800> six 01:24:46.350 --> 01:24:46.360 align:start position:0% three four five six 01:24:46.360 --> 01:24:52.350 align:start position:0% three four five six seven8<01:24:47.360> nine<01:24:47.679> 10<01:24:48.239> 11<01:24:49.239> 12<01:24:50.159> 13<01:24:50.719> 14<01:24:51.400> 15<01:24:51.800> so<01:24:51.960> 15 01:24:52.350 --> 01:24:52.360 align:start position:0% seven8 nine 10 11 12 13 14 15 so 15 01:24:52.360 --> 01:24:55.070 align:start position:0% seven8 nine 10 11 12 13 14 15 so 15 Europe<01:24:53.360> okay 01:24:55.070 --> 01:24:55.080 align:start position:0% Europe okay 01:24:55.080 --> 01:24:57.510 align:start position:0% Europe okay if<01:24:55.199> you<01:24:55.320> are<01:24:55.480> from<01:24:55.760> Asia<01:24:56.280> raise<01:24:56.520> your 01:24:57.510 --> 01:24:57.520 align:start position:0% if you are from Asia raise your 01:24:57.520 --> 01:25:02.550 align:start position:0% if you are from Asia raise your hand<01:24:58.520> one<01:24:58.840> two<01:24:59.199> three<01:24:59.719> four<01:25:00.320> five<01:25:01.159> six<01:25:01.639> seven<01:25:02.080> 8 01:25:02.550 --> 01:25:02.560 align:start position:0% hand one two three four five six seven 8 01:25:02.560 --> 01:25:11.149 align:start position:0% hand one two three four five six seven 8 9<01:25:02.880> 10<01:25:03.159> 11<01:25:03.600> 12<01:25:04.400> 14<01:25:04.960> 15<01:25:05.679> 16<01:25:06.080> 17<01:25:07.080> 18<01:25:08.119> 19<01:25:09.480> 20<01:25:10.480> so<01:25:10.679> 20 01:25:11.149 --> 01:25:11.159 align:start position:0% 9 10 11 12 14 15 16 17 18 19 20 so 20 01:25:11.159 --> 01:25:15.550 align:start position:0% 9 10 11 12 14 15 16 17 18 19 20 so 20 from<01:25:11.440> Asia 01:25:15.550 --> 01:25:15.560 align:start position:0% 01:25:15.560 --> 01:25:18.709 align:start position:0% okay<01:25:16.560> if<01:25:16.679> you<01:25:16.800> are<01:25:17.000> from<01:25:17.199> North<01:25:17.560> America<01:25:18.440> raise 01:25:18.709 --> 01:25:18.719 align:start position:0% okay if you are from North America raise 01:25:18.719 --> 01:25:21.590 align:start position:0% okay if you are from North America raise your<01:25:19.360> hand<01:25:20.360> one<01:25:20.679> two 01:25:21.590 --> 01:25:21.600 align:start position:0% your hand one two 01:25:21.600 --> 01:25:25.149 align:start position:0% your hand one two three<01:25:22.880> four<01:25:23.880> five 01:25:25.149 --> 01:25:25.159 align:start position:0% three four five 01:25:25.159 --> 01:25:27.629 align:start position:0% three four five five<01:25:25.480> from<01:25:25.639> North 01:25:27.629 --> 01:25:27.639 align:start position:0% five from North 01:25:27.639 --> 01:25:30.030 align:start position:0% five from North America<01:25:28.639> if<01:25:28.719> you<01:25:28.840> are<01:25:29.000> from<01:25:29.239> South<01:25:29.520> America 01:25:30.030 --> 01:25:30.040 align:start position:0% America if you are from South America 01:25:30.040 --> 01:25:33.709 align:start position:0% America if you are from South America raise<01:25:30.239> your<01:25:30.480> hand<01:25:31.480> one<01:25:32.040> two<01:25:32.520> three<01:25:32.880> four<01:25:33.360> five 01:25:33.709 --> 01:25:33.719 align:start position:0% raise your hand one two three four five 01:25:33.719 --> 01:25:36.790 align:start position:0% raise your hand one two three four five six<01:25:34.119> seven<01:25:35.000> eight 01:25:36.790 --> 01:25:36.800 align:start position:0% six seven eight 01:25:36.800 --> 01:25:38.470 align:start position:0% six seven eight nine 01:25:38.470 --> 01:25:38.480 align:start position:0% nine 01:25:38.480 --> 01:25:41.030 align:start position:0% nine nine<01:25:39.480> oh<01:25:39.639> in<01:25:39.800> Europe<01:25:40.040> I<01:25:40.159> forgot<01:25:40.440> to<01:25:40.520> put<01:25:40.719> myself 01:25:41.030 --> 01:25:41.040 align:start position:0% nine oh in Europe I forgot to put myself 01:25:41.040 --> 01:25:42.310 align:start position:0% nine oh in Europe I forgot to put myself so<01:25:41.159> that's 01:25:42.310 --> 01:25:42.320 align:start position:0% so that's 01:25:42.320 --> 01:25:45.350 align:start position:0% so that's 16<01:25:43.320> and<01:25:43.679> if<01:25:43.800> you<01:25:43.880> are<01:25:44.040> from<01:25:44.280> Africa<01:25:44.760> raise<01:25:45.040> your 01:25:45.350 --> 01:25:45.360 align:start position:0% 16 and if you are from Africa raise your 01:25:45.360 --> 01:25:51.790 align:start position:0% 16 and if you are from Africa raise your hand<01:25:46.480> one<01:25:47.480> two<01:25:48.280> two<01:25:48.440> from 01:25:51.790 --> 01:25:51.800 align:start position:0% 01:25:51.800 --> 01:25:54.550 align:start position:0% Africa<01:25:52.800> and<01:25:53.000> if<01:25:53.119> you<01:25:53.239> are<01:25:53.360> from<01:25:53.560> oania<01:25:54.360> raise 01:25:54.550 --> 01:25:54.560 align:start position:0% Africa and if you are from oania raise 01:25:54.560 --> 01:26:00.590 align:start position:0% Africa and if you are from oania raise your<01:25:54.719> hand<01:25:56.080> one<01:25:57.080> one<01:25:57.360> one<01:25:57.600> one<01:25:57.920> one<01:25:58.639> okay 01:26:00.590 --> 01:26:00.600 align:start position:0% your hand one one one one one okay 01:26:00.600 --> 01:26:19.550 align:start position:0% your hand one one one one one okay one<01:26:01.800> so<01:26:02.800> let's<01:26:03.000> do<01:26:03.119> the 01:26:19.550 --> 01:26:19.560 align:start position:0% 01:26:19.560 --> 01:26:53.229 align:start position:0% total<01:26:20.560> 53 01:26:53.229 --> 01:26:53.239 align:start position:0% 01:26:53.239 --> 01:27:39.270 align:start position:0% spe<01:26:54.239> e 01:27:39.270 --> 01:27:39.280 align:start position:0% 01:27:39.280 --> 01:27:41.790 align:start position:0% okay<01:27:39.440> so<01:27:39.639> now<01:27:39.800> you<01:27:39.960> have<01:27:40.400> the<01:27:40.560> value<01:27:41.520> that<01:27:41.679> the 01:27:41.790 --> 01:27:41.800 align:start position:0% okay so now you have the value that the 01:27:41.800 --> 01:27:44.310 align:start position:0% okay so now you have the value that the token<01:27:42.040> will<01:27:42.320> redeem<01:27:43.320> they<01:27:43.520> redeem<01:27:43.920> for<01:27:44.080> the 01:27:44.310 --> 01:27:44.320 align:start position:0% token will redeem they redeem for the 01:27:44.320 --> 01:27:46.390 align:start position:0% token will redeem they redeem for the percentage<01:27:45.280> not<01:27:45.480> the<01:27:45.639> absolute<01:27:46.000> value<01:27:46.239> they 01:27:46.390 --> 01:27:46.400 align:start position:0% percentage not the absolute value they 01:27:46.400 --> 01:27:49.189 align:start position:0% percentage not the absolute value they redeem<01:27:46.639> for<01:27:46.800> the 01:27:49.189 --> 01:27:49.199 align:start position:0% 01:27:49.199 --> 01:27:52.510 align:start position:0% percentage<01:27:50.360> and<01:27:51.360> what's<01:27:51.800> interesting<01:27:52.360> that 01:27:52.510 --> 01:27:52.520 align:start position:0% percentage and what's interesting that 01:27:52.520 --> 01:27:54.950 align:start position:0% percentage and what's interesting that we<01:27:52.600> can<01:27:52.760> show<01:27:53.000> that<01:27:53.840> your<01:27:54.199> really<01:27:54.440> were<01:27:54.719> good 01:27:54.950 --> 01:27:54.960 align:start position:0% we can show that your really were good 01:27:54.960 --> 01:27:56.950 align:start position:0% we can show that your really were good at<01:27:55.119> estimating<01:27:55.679> that<01:27:55.920> like<01:27:56.040> I<01:27:56.119> saw<01:27:56.440> a<01:27:56.560> bunch<01:27:56.760> of 01:27:56.950 --> 01:27:56.960 align:start position:0% at estimating that like I saw a bunch of 01:27:56.960 --> 01:28:00.070 align:start position:0% at estimating that like I saw a bunch of PODS<01:27:57.760> where<01:27:57.960> the<01:27:58.119> price<01:27:58.360> of<01:27:58.639> Asia<01:27:59.560> even<01:27:59.800> went 01:28:00.070 --> 01:28:00.080 align:start position:0% PODS where the price of Asia even went 01:28:00.080 --> 01:28:02.229 align:start position:0% PODS where the price of Asia even went to<01:28:00.280> the<01:28:00.719> max<01:28:01.040> to<01:28:01.199> the<01:28:01.520> maximum<01:28:01.880> amount<01:28:02.080> of 01:28:02.229 --> 01:28:02.239 align:start position:0% to the max to the maximum amount of 01:28:02.239 --> 01:28:03.270 align:start position:0% to the max to the maximum amount of value<01:28:02.440> in<01:28:02.560> the 01:28:03.270 --> 01:28:03.280 align:start position:0% value in the 01:28:03.280 --> 01:28:07.070 align:start position:0% value in the amm<01:28:04.280> so<01:28:05.199> you<01:28:05.320> can<01:28:05.440> see<01:28:05.639> that<01:28:05.760> it's<01:28:05.880> a<01:28:06.080> very<01:28:06.560> good 01:28:07.070 --> 01:28:07.080 align:start position:0% amm so you can see that it's a very good 01:28:07.080 --> 01:28:10.310 align:start position:0% amm so you can see that it's a very good mechanism<01:28:08.080> for<01:28:08.280> doing<01:28:09.040> estimation<01:28:10.040> of<01:28:10.199> the 01:28:10.310 --> 01:28:10.320 align:start position:0% mechanism for doing estimation of the 01:28:10.320 --> 01:28:12.030 align:start position:0% mechanism for doing estimation of the future<01:28:10.760> where<01:28:10.960> here<01:28:11.119> obviously<01:28:11.560> I<01:28:11.679> I<01:28:11.800> can't 01:28:12.030 --> 01:28:12.040 align:start position:0% future where here obviously I I can't 01:28:12.040 --> 01:28:14.790 align:start position:0% future where here obviously I I can't wait<01:28:12.960> a<01:28:13.119> week<01:28:13.360> for<01:28:13.520> a<01:28:13.639> future<01:28:13.960> event<01:28:14.480> so<01:28:14.679> I'm 01:28:14.790 --> 01:28:14.800 align:start position:0% wait a week for a future event so I'm 01:28:14.800 --> 01:28:17.350 align:start position:0% wait a week for a future event so I'm showing<01:28:15.040> you<01:28:15.239> this<01:28:16.040> event<01:28:16.440> happening<01:28:16.800> in<01:28:17.239> a 01:28:17.350 --> 01:28:17.360 align:start position:0% showing you this event happening in a 01:28:17.360 --> 01:28:19.709 align:start position:0% showing you this event happening in a couple<01:28:17.600> of<01:28:18.000> minutes<01:28:19.000> but<01:28:19.119> you<01:28:19.199> can<01:28:19.320> see<01:28:19.520> that 01:28:19.709 --> 01:28:19.719 align:start position:0% couple of minutes but you can see that 01:28:19.719 --> 01:28:21.910 align:start position:0% couple of minutes but you can see that here<01:28:19.920> on<01:28:20.159> this<01:28:20.360> particular<01:28:20.800> room<01:28:21.480> the<01:28:21.600> market 01:28:21.910 --> 01:28:21.920 align:start position:0% here on this particular room the market 01:28:21.920 --> 01:28:26.430 align:start position:0% here on this particular room the market were<01:28:22.159> very<01:28:22.360> efficient<01:28:22.760> in<01:28:23.000> estimating<01:28:23.520> that 01:28:26.430 --> 01:28:26.440 align:start position:0% 01:28:26.440 --> 01:28:42.270 align:start position:0% so<01:28:26.679> everyone<01:28:26.920> you<01:28:27.040> can<01:28:27.199> redeem<01:28:27.719> the 01:28:42.270 --> 01:28:42.280 align:start position:0% 01:28:42.280 --> 01:28:45.149 align:start position:0% tokens<01:28:43.280> you're 01:28:45.149 --> 01:28:45.159 align:start position:0% tokens you're 01:28:45.159 --> 01:28:47.229 align:start position:0% tokens you're redeeming<01:28:46.159> okay<01:28:46.400> okay<01:28:46.679> no<01:28:46.800> no<01:28:46.920> don't<01:28:47.040> do<01:28:47.159> the 01:28:47.229 --> 01:28:47.239 align:start position:0% redeeming okay okay no no don't do the 01:28:47.239 --> 01:28:48.950 align:start position:0% redeeming okay okay no no don't do the mat<01:28:47.440> it's<01:28:47.560> already 01:28:48.950 --> 01:28:48.960 align:start position:0% mat it's already 01:28:48.960 --> 01:28:51.030 align:start position:0% mat it's already written<01:28:49.960> so<01:28:50.119> you<01:28:50.239> don't<01:28:50.360> need<01:28:50.480> to<01:28:50.560> do<01:28:50.679> the<01:28:50.800> mat 01:28:51.030 --> 01:28:51.040 align:start position:0% written so you don't need to do the mat 01:28:51.040 --> 01:28:52.790 align:start position:0% written so you don't need to do the mat I<01:28:51.159> gave<01:28:51.320> you<01:28:51.400> the<01:28:51.600> percentage<01:28:52.280> on<01:28:52.440> the<01:28:52.560> in<01:28:52.679> the 01:28:52.790 --> 01:28:52.800 align:start position:0% I gave you the percentage on the in the 01:28:52.800 --> 01:29:16.790 align:start position:0% I gave you the percentage on the in the slide 01:29:16.790 --> 01:29:16.800 align:start position:0% 01:29:16.800 --> 01:29:21.350 align:start position:0% yes 01:29:21.350 --> 01:29:21.360 align:start position:0% 01:29:21.360 --> 01:29:23.590 align:start position:0% yeah<01:29:22.360> I<01:29:22.480> gave<01:29:22.600> you<01:29:22.719> the<01:29:22.840> percentage<01:29:23.320> so<01:29:23.480> the 01:29:23.590 --> 01:29:23.600 align:start position:0% yeah I gave you the percentage so the 01:29:23.600 --> 01:29:26.310 align:start position:0% yeah I gave you the percentage so the each<01:29:23.760> redem<01:29:24.119> for<01:29:24.239> the 01:29:26.310 --> 01:29:26.320 align:start position:0% each redem for the 01:29:26.320 --> 01:29:27.910 align:start position:0% each redem for the percentage 01:29:27.910 --> 01:29:27.920 align:start position:0% percentage 01:29:27.920 --> 01:29:32.709 align:start position:0% percentage huh<01:29:28.920> it's<01:29:29.080> based<01:29:29.239> on<01:29:29.360> the<01:29:29.480> percentage<01:29:29.880> I<01:29:30.000> gave 01:29:32.709 --> 01:29:32.719 align:start position:0% 01:29:32.719 --> 01:29:36.590 align:start position:0% you 01:29:36.590 --> 01:29:36.600 align:start position:0% 01:29:36.600 --> 01:29:40.830 align:start position:0% 38<01:29:37.600> get<01:29:37.800> 38<01:29:38.199> for<01:29:38.320> the<01:29:38.440> Asian 01:29:40.830 --> 01:29:40.840 align:start position:0% 01:29:40.840 --> 01:29:44.430 align:start position:0% token<01:29:41.840> for<01:29:42.040> each<01:29:42.199> of<01:29:42.360> your<01:29:42.520> token<01:29:43.000> you<01:29:43.199> get<01:29:43.440> 38 01:29:44.430 --> 01:29:44.440 align:start position:0% token for each of your token you get 38 01:29:44.440 --> 01:30:23.229 align:start position:0% token for each of your token you get 38 coins 01:30:23.229 --> 01:30:23.239 align:start position:0% 01:30:23.239 --> 01:30:26.350 align:start position:0% we<01:30:23.360> have<01:30:23.520> one<01:30:24.000> last<01:30:24.159> round<01:30:24.400> after<01:30:25.080> that<01:30:26.080> no<01:30:26.239> no 01:30:26.350 --> 01:30:26.360 align:start position:0% we have one last round after that no no 01:30:26.360 --> 01:30:27.750 align:start position:0% we have one last round after that no no we<01:30:26.480> have<01:30:26.560> a<01:30:26.639> bit<01:30:26.800> more<01:30:27.000> because<01:30:27.199> they<01:30:27.360> were 01:30:27.750 --> 01:30:27.760 align:start position:0% we have a bit more because they were 01:30:27.760 --> 01:30:45.950 align:start position:0% we have a bit more because they were already<01:30:28.040> laid<01:30:28.840> before<01:30:29.840> I<01:30:29.960> have<01:30:30.119> the 01:30:45.950 --> 01:30:45.960 align:start position:0% 01:30:45.960 --> 01:30:48.510 align:start position:0% prompter<01:30:46.960> okay<01:30:47.560> everyone 01:30:48.510 --> 01:30:48.520 align:start position:0% prompter okay everyone 01:30:48.520 --> 01:30:50.390 align:start position:0% prompter okay everyone redeemed<01:30:49.520> everyone 01:30:50.390 --> 01:30:50.400 align:start position:0% redeemed everyone 01:30:50.400 --> 01:30:52.669 align:start position:0% redeemed everyone redeem<01:30:51.400> so<01:30:51.600> if<01:30:51.679> you<01:30:51.800> haven't<01:30:52.080> redeem<01:30:52.440> in<01:30:52.520> your 01:30:52.669 --> 01:30:52.679 align:start position:0% redeem so if you haven't redeem in your 01:30:52.679 --> 01:30:54.550 align:start position:0% redeem so if you haven't redeem in your pod<01:30:52.960> raise<01:30:53.199> your<01:30:53.400> hand<01:30:54.119> if<01:30:54.239> you<01:30:54.360> haven't 01:30:54.550 --> 01:30:54.560 align:start position:0% pod raise your hand if you haven't 01:30:54.560 --> 01:30:55.350 align:start position:0% pod raise your hand if you haven't finished 01:30:55.350 --> 01:30:55.360 align:start position:0% finished 01:30:55.360 --> 01:31:15.070 align:start position:0% finished redeeming<01:30:56.360> oh 01:31:15.070 --> 01:31:15.080 align:start position:0% 01:31:15.080 --> 01:31:25.830 align:start position:0% okay<01:31:16.080> you<01:31:16.560> redeem<01:31:17.560> everything<01:31:17.960> redeemed 01:31:25.830 --> 01:31:25.840 align:start position:0% 01:31:25.840 --> 01:31:29.109 align:start position:0% okay<01:31:26.000> so<01:31:26.199> please<01:31:26.920> everyone<01:31:27.920> everyone<01:31:28.400> silence 01:31:29.109 --> 01:31:29.119 align:start position:0% okay so please everyone everyone silence 01:31:29.119 --> 01:31:33.750 align:start position:0% okay so please everyone everyone silence thank<01:31:29.719> you<01:31:30.719> please<01:31:31.000> everyone<01:31:31.719> silence<01:31:32.719> so<01:31:33.520> for 01:31:33.750 --> 01:31:33.760 align:start position:0% thank you please everyone silence so for 01:31:33.760 --> 01:31:36.189 align:start position:0% thank you please everyone silence so for now<01:31:34.360> we've<01:31:34.600> been<01:31:34.760> using<01:31:35.119> markets<01:31:35.880> to<01:31:36.040> make 01:31:36.189 --> 01:31:36.199 align:start position:0% now we've been using markets to make 01:31:36.199 --> 01:31:37.750 align:start position:0% now we've been using markets to make prediction<01:31:36.639> about<01:31:36.800> the 01:31:37.750 --> 01:31:37.760 align:start position:0% prediction about the 01:31:37.760 --> 01:31:40.590 align:start position:0% prediction about the future<01:31:38.760> but<01:31:39.280> the<01:31:39.480> question<01:31:39.880> is<01:31:40.080> how<01:31:40.239> can<01:31:40.400> we 01:31:40.590 --> 01:31:40.600 align:start position:0% future but the question is how can we 01:31:40.600 --> 01:31:43.990 align:start position:0% future but the question is how can we use<01:31:41.320> those<01:31:41.560> prediction<01:31:42.000> to<01:31:42.199> make<01:31:42.480> a<01:31:42.679> better 01:31:43.990 --> 01:31:44.000 align:start position:0% use those prediction to make a better 01:31:44.000 --> 01:31:47.510 align:start position:0% use those prediction to make a better decision<01:31:45.000> so<01:31:45.480> here<01:31:45.679> in<01:31:45.840> this<01:31:46.360> example<01:31:47.360> you 01:31:47.510 --> 01:31:47.520 align:start position:0% decision so here in this example you 01:31:47.520 --> 01:31:49.950 align:start position:0% decision so here in this example you will<01:31:47.679> have<01:31:47.800> a<01:31:48.080> market<01:31:49.080> who<01:31:49.239> will<01:31:49.400> be<01:31:49.560> the 01:31:49.950 --> 01:31:49.960 align:start position:0% will have a market who will be the 01:31:49.960 --> 01:31:51.669 align:start position:0% will have a market who will be the candidate<01:31:50.360> of<01:31:50.480> the<01:31:50.600> Democrat 01:31:51.669 --> 01:31:51.679 align:start position:0% candidate of the Democrat 01:31:51.679 --> 01:31:53.669 align:start position:0% candidate of the Democrat Party<01:31:52.679> and<01:31:52.800> you<01:31:52.920> will<01:31:53.040> get<01:31:53.159> a<01:31:53.280> token<01:31:53.480> of<01:31:53.600> this 01:31:53.669 --> 01:31:53.679 align:start position:0% Party and you will get a token of this 01:31:53.679 --> 01:31:55.790 align:start position:0% Party and you will get a token of this maret<01:31:53.920> Market<01:31:54.719> but<01:31:54.920> then<01:31:55.080> you<01:31:55.159> can<01:31:55.360> put<01:31:55.600> this 01:31:55.790 --> 01:31:55.800 align:start position:0% maret Market but then you can put this 01:31:55.800 --> 01:31:58.709 align:start position:0% maret Market but then you can put this token<01:31:56.320> into<01:31:56.600> another<01:31:57.000> Market<01:31:58.000> which<01:31:58.159> will<01:31:58.360> be 01:31:58.709 --> 01:31:58.719 align:start position:0% token into another Market which will be 01:31:58.719 --> 01:32:01.550 align:start position:0% token into another Market which will be which<01:31:58.920> party<01:31:59.199> will<01:31:59.360> win<01:31:59.520> the<01:32:00.159> election<01:32:01.159> so 01:32:01.550 --> 01:32:01.560 align:start position:0% which party will win the election so 01:32:01.560 --> 01:32:04.709 align:start position:0% which party will win the election so here<01:32:02.520> you<01:32:02.679> put<01:32:02.840> some<01:32:03.119> die<01:32:03.880> you<01:32:04.040> get<01:32:04.199> some<01:32:04.360> Biden 01:32:04.709 --> 01:32:04.719 align:start position:0% here you put some die you get some Biden 01:32:04.719 --> 01:32:06.790 align:start position:0% here you put some die you get some Biden token<01:32:05.600> you<01:32:05.760> put<01:32:05.920> the<01:32:06.040> Biden<01:32:06.320> token<01:32:06.560> into 01:32:06.790 --> 01:32:06.800 align:start position:0% token you put the Biden token into 01:32:06.800 --> 01:32:10.109 align:start position:0% token you put the Biden token into another<01:32:07.400> market<01:32:08.400> and<01:32:08.600> now<01:32:09.360> you<01:32:09.520> get<01:32:09.639> a<01:32:09.760> token 01:32:10.109 --> 01:32:10.119 align:start position:0% another market and now you get a token 01:32:10.119 --> 01:32:13.550 align:start position:0% another market and now you get a token which<01:32:10.239> will<01:32:10.400> redeem<01:32:10.800> for<01:32:11.239> die<01:32:12.239> if<01:32:12.800> Biden<01:32:13.119> is<01:32:13.239> a 01:32:13.550 --> 01:32:13.560 align:start position:0% which will redeem for die if Biden is a 01:32:13.560 --> 01:32:16.270 align:start position:0% which will redeem for die if Biden is a candidate<01:32:14.560> and<01:32:15.119> the<01:32:15.280> Democratic<01:32:15.760> party<01:32:16.000> wins 01:32:16.270 --> 01:32:16.280 align:start position:0% candidate and the Democratic party wins 01:32:16.280 --> 01:32:17.470 align:start position:0% candidate and the Democratic party wins the 01:32:17.470 --> 01:32:17.480 align:start position:0% the 01:32:17.480 --> 01:32:20.149 align:start position:0% the election<01:32:18.480> the<01:32:18.600> other<01:32:18.880> token<01:32:19.480> they<01:32:19.639> don't 01:32:20.149 --> 01:32:20.159 align:start position:0% election the other token they don't 01:32:20.159 --> 01:32:23.910 align:start position:0% election the other token they don't trade<01:32:21.159> for<01:32:21.719> die<01:32:22.360> they<01:32:22.560> trade<01:32:23.440> for<01:32:23.639> the 01:32:23.910 --> 01:32:23.920 align:start position:0% trade for die they trade for the 01:32:23.920 --> 01:32:26.070 align:start position:0% trade for die they trade for the underlying<01:32:24.440> so<01:32:24.639> here<01:32:24.880> Biden<01:32:25.639> so<01:32:25.880> here<01:32:26.000> you 01:32:26.070 --> 01:32:26.080 align:start position:0% underlying so here Biden so here you 01:32:26.080 --> 01:32:28.910 align:start position:0% underlying so here Biden so here you have<01:32:26.199> a<01:32:26.360> Biden<01:32:27.000> Democrat<01:32:27.560> token<01:32:28.560> that<01:32:28.679> you 01:32:28.910 --> 01:32:28.920 align:start position:0% have a Biden Democrat token that you 01:32:28.920 --> 01:32:32.030 align:start position:0% have a Biden Democrat token that you trade<01:32:29.600> with<01:32:29.800> Biden<01:32:30.239> token<01:32:31.239> and<01:32:31.400> if<01:32:31.560> this<01:32:31.719> token 01:32:32.030 --> 01:32:32.040 align:start position:0% trade with Biden token and if this token 01:32:32.040 --> 01:32:35.470 align:start position:0% trade with Biden token and if this token is<01:32:32.199> worth<01:32:32.480> 30<01:32:32.840> Biden<01:32:33.400> token<01:32:34.400> you<01:32:34.679> have<01:32:35.119> a 01:32:35.470 --> 01:32:35.480 align:start position:0% is worth 30 Biden token you have a 01:32:35.480 --> 01:32:37.870 align:start position:0% is worth 30 Biden token you have a conditional<01:32:35.880> probability<01:32:36.880> that<01:32:37.119> if<01:32:37.360> Biden<01:32:37.760> is 01:32:37.870 --> 01:32:37.880 align:start position:0% conditional probability that if Biden is 01:32:37.880 --> 01:32:39.070 align:start position:0% conditional probability that if Biden is a 01:32:39.070 --> 01:32:39.080 align:start position:0% a 01:32:39.080 --> 01:32:42.709 align:start position:0% a candidate<01:32:40.080> Democratic<01:32:40.600> party<01:32:41.400> will<01:32:41.679> have<01:32:41.920> 30% 01:32:42.709 --> 01:32:42.719 align:start position:0% candidate Democratic party will have 30% 01:32:42.719 --> 01:32:45.629 align:start position:0% candidate Democratic party will have 30% chance<01:32:43.639> of<01:32:43.880> winning<01:32:44.199> the 01:32:45.629 --> 01:32:45.639 align:start position:0% chance of winning the 01:32:45.639 --> 01:32:48.790 align:start position:0% chance of winning the election<01:32:46.639> so<01:32:47.040> you<01:32:47.159> can<01:32:47.560> shange<01:32:48.080> the 01:32:48.790 --> 01:32:48.800 align:start position:0% election so you can shange the 01:32:48.800 --> 01:32:51.790 align:start position:0% election so you can shange the market<01:32:49.800> and<01:32:49.960> what<01:32:50.080> can<01:32:50.199> you<01:32:50.400> do<01:32:50.600> with<01:32:50.800> that 01:32:51.790 --> 01:32:51.800 align:start position:0% market and what can you do with that 01:32:51.800 --> 01:32:53.350 align:start position:0% market and what can you do with that well<01:32:51.960> we're<01:32:52.119> going<01:32:52.199> to<01:32:52.360> start<01:32:53.040> we're<01:32:53.199> going<01:32:53.280> to 01:32:53.350 --> 01:32:53.360 align:start position:0% well we're going to start we're going to 01:32:53.360 --> 01:32:55.310 align:start position:0% well we're going to start we're going to start<01:32:53.520> to<01:32:53.600> show<01:32:53.719> that<01:32:53.960> that<01:32:54.639> so<01:32:54.880> I<01:32:54.960> need<01:32:55.159> a 01:32:55.310 --> 01:32:55.320 align:start position:0% start to show that that so I need a 01:32:55.320 --> 01:32:57.590 align:start position:0% start to show that that so I need a volunteer<01:32:56.000> someone<01:32:56.280> who<01:32:56.400> is<01:32:56.520> not<01:32:56.719> vegan<01:32:57.480> a 01:32:57.590 --> 01:32:57.600 align:start position:0% volunteer someone who is not vegan a 01:32:57.600 --> 01:32:59.830 align:start position:0% volunteer someone who is not vegan a non-vegan<01:32:58.119> volunteer 01:32:59.830 --> 01:32:59.840 align:start position:0% non-vegan volunteer 01:32:59.840 --> 01:33:02.030 align:start position:0% non-vegan volunteer please<01:33:00.840> non-vegan 01:33:02.030 --> 01:33:02.040 align:start position:0% please non-vegan 01:33:02.040 --> 01:33:04.390 align:start position:0% please non-vegan volunteer<01:33:03.040> okay<01:33:03.199> you<01:33:03.320> can 01:33:04.390 --> 01:33:04.400 align:start position:0% volunteer okay you can 01:33:04.400 --> 01:33:07.870 align:start position:0% volunteer okay you can come<01:33:05.400> uh<01:33:06.199> okay 01:33:07.870 --> 01:33:07.880 align:start position:0% come uh okay 01:33:07.880 --> 01:33:11.709 align:start position:0% come uh okay so<01:33:08.880> the<01:33:09.040> volunteer<01:33:09.520> will<01:33:09.679> have<01:33:09.880> the<01:33:10.480> choice<01:33:11.480> of 01:33:11.709 --> 01:33:11.719 align:start position:0% so the volunteer will have the choice of 01:33:11.719 --> 01:33:15.990 align:start position:0% so the volunteer will have the choice of either<01:33:12.000> trying<01:33:13.000> a<01:33:13.159> cricket<01:33:13.840> snack<01:33:14.840> or<01:33:15.760> some 01:33:15.990 --> 01:33:16.000 align:start position:0% either trying a cricket snack or some 01:33:16.000 --> 01:33:18.149 align:start position:0% either trying a cricket snack or some fried<01:33:16.400> fish 01:33:18.149 --> 01:33:18.159 align:start position:0% fried fish 01:33:18.159 --> 01:33:22.790 align:start position:0% fried fish skin<01:33:19.159> and<01:33:19.400> here<01:33:19.639> we<01:33:20.080> have<01:33:21.080> two<01:33:21.639> markets<01:33:22.400> so<01:33:22.600> one 01:33:22.790 --> 01:33:22.800 align:start position:0% skin and here we have two markets so one 01:33:22.800 --> 01:33:26.189 align:start position:0% skin and here we have two markets so one market<01:33:23.239> on<01:33:23.840> what<01:33:23.960> will<01:33:24.119> he<01:33:24.719> choose<01:33:25.719> but<01:33:25.960> after 01:33:26.189 --> 01:33:26.199 align:start position:0% market on what will he choose but after 01:33:26.199 --> 01:33:29.830 align:start position:0% market on what will he choose but after trying<01:33:26.760> it<01:33:26.880> will<01:33:27.080> give<01:33:27.239> a<01:33:28.199> a<01:33:28.360> rating<01:33:28.760> out<01:33:28.960> of 01:33:29.830 --> 01:33:29.840 align:start position:0% trying it will give a a rating out of 01:33:29.840 --> 01:33:33.070 align:start position:0% trying it will give a a rating out of 10<01:33:30.840> and<01:33:30.960> you<01:33:31.080> have<01:33:31.239> Market<01:33:31.560> on<01:33:31.760> this<01:33:31.920> rating<01:33:32.880> so 01:33:33.070 --> 01:33:33.080 align:start position:0% 10 and you have Market on this rating so 01:33:33.080 --> 01:33:34.270 align:start position:0% 10 and you have Market on this rating so that's<01:33:33.199> going<01:33:33.320> to<01:33:33.400> be<01:33:33.719> conditional<01:33:34.000> Market 01:33:34.270 --> 01:33:34.280 align:start position:0% that's going to be conditional Market 01:33:34.280 --> 01:33:36.870 align:start position:0% that's going to be conditional Market you<01:33:34.400> will<01:33:34.560> have<01:33:34.639> a<01:33:34.880> conditional<01:33:35.199> Market<01:33:35.880> on 01:33:36.870 --> 01:33:36.880 align:start position:0% you will have a conditional Market on 01:33:36.880 --> 01:33:39.470 align:start position:0% you will have a conditional Market on what<01:33:37.080> would<01:33:37.320> be<01:33:37.480> the<01:33:37.679> rating<01:33:38.199> given<01:33:39.199> if<01:33:39.320> he 01:33:39.470 --> 01:33:39.480 align:start position:0% what would be the rating given if he 01:33:39.480 --> 01:33:42.229 align:start position:0% what would be the rating given if he picks<01:33:39.840> the<01:33:40.280> cricket<01:33:41.280> or<01:33:41.679> what<01:33:41.800> would<01:33:41.960> be<01:33:42.119> the 01:33:42.229 --> 01:33:42.239 align:start position:0% picks the cricket or what would be the 01:33:42.239 --> 01:33:45.790 align:start position:0% picks the cricket or what would be the rating<01:33:42.639> given<01:33:43.520> if<01:33:43.639> he<01:33:43.800> picks<01:33:44.239> the 01:33:45.790 --> 01:33:45.800 align:start position:0% rating given if he picks the 01:33:45.800 --> 01:33:49.750 align:start position:0% rating given if he picks the fishkin<01:33:46.800> so<01:33:47.000> you<01:33:47.119> can<01:33:47.679> open<01:33:48.679> the 01:33:49.750 --> 01:33:49.760 align:start position:0% fishkin so you can open the 01:33:49.760 --> 01:33:54.790 align:start position:0% fishkin so you can open the amm<01:33:50.760> with<01:33:51.639> uh<01:33:51.840> cregor<01:33:52.280> fishkin 01:33:54.790 --> 01:33:54.800 align:start position:0% amm with uh cregor fishkin 01:33:54.800 --> 01:33:56.310 align:start position:0% amm with uh cregor fishkin and<01:33:55.000> what<01:33:55.119> is<01:33:55.280> important<01:33:55.679> is<01:33:55.800> on<01:33:55.920> the<01:33:56.080> first 01:33:56.310 --> 01:33:56.320 align:start position:0% and what is important is on the first 01:33:56.320 --> 01:33:58.750 align:start position:0% and what is important is on the first two<01:33:56.560> token<01:33:57.360> they<01:33:57.480> are<01:33:57.600> trading<01:33:57.920> for 01:33:58.750 --> 01:33:58.760 align:start position:0% two token they are trading for 01:33:58.760 --> 01:34:01.629 align:start position:0% two token they are trading for coins<01:33:59.760> but<01:34:00.040> then<01:34:00.719> the<01:34:00.880> other<01:34:01.199> tokens<01:34:01.520> they 01:34:01.629 --> 01:34:01.639 align:start position:0% coins but then the other tokens they 01:34:01.639 --> 01:34:04.669 align:start position:0% coins but then the other tokens they don't<01:34:01.880> trade<01:34:02.199> for<01:34:02.440> coins<01:34:03.360> they<01:34:03.600> trade<01:34:04.280> for<01:34:04.520> the 01:34:04.669 --> 01:34:04.679 align:start position:0% don't trade for coins they trade for the 01:34:04.679 --> 01:34:06.629 align:start position:0% don't trade for coins they trade for the underlying 01:34:06.629 --> 01:34:06.639 align:start position:0% underlying 01:34:06.639 --> 01:34:09.350 align:start position:0% underlying token<01:34:07.639> so<01:34:07.840> the<01:34:08.040> first<01:34:08.280> two<01:34:08.560> tokens<01:34:08.960> they<01:34:09.080> trade 01:34:09.350 --> 01:34:09.360 align:start position:0% token so the first two tokens they trade 01:34:09.360 --> 01:34:12.310 align:start position:0% token so the first two tokens they trade for<01:34:09.600> coins<01:34:10.480> the<01:34:10.639> four<01:34:11.000> last<01:34:11.239> token<01:34:12.000> they<01:34:12.159> don't 01:34:12.310 --> 01:34:12.320 align:start position:0% for coins the four last token they don't 01:34:12.320 --> 01:34:14.390 align:start position:0% for coins the four last token they don't trade<01:34:12.600> for<01:34:12.840> coins<01:34:13.560> they<01:34:13.719> trade<01:34:14.000> for<01:34:14.199> the 01:34:14.390 --> 01:34:14.400 align:start position:0% trade for coins they trade for the 01:34:14.400 --> 01:34:16.590 align:start position:0% trade for coins they trade for the underlying<01:34:15.000> token<01:34:15.639> which<01:34:15.760> is<01:34:15.920> written<01:34:16.239> on<01:34:16.440> the 01:34:16.590 --> 01:34:16.600 align:start position:0% underlying token which is written on the 01:34:16.600 --> 01:34:19.470 align:start position:0% underlying token which is written on the on<01:34:16.719> the 01:34:19.470 --> 01:34:19.480 align:start position:0% 01:34:19.480 --> 01:34:21.510 align:start position:0% sheet<01:34:20.480> and<01:34:20.600> if<01:34:20.679> you<01:34:20.800> have<01:34:20.920> any<01:34:21.080> question<01:34:21.400> as 01:34:21.510 --> 01:34:21.520 align:start position:0% sheet and if you have any question as 01:34:21.520 --> 01:34:27.590 align:start position:0% sheet and if you have any question as usual<01:34:21.840> you<01:34:21.960> can<01:34:22.119> call<01:34:22.320> me 01:34:27.590 --> 01:34:27.600 align:start position:0% 01:34:27.600 --> 01:34:29.790 align:start position:0% uh<01:34:27.760> you<01:34:27.920> can<01:34:28.159> participate<01:34:28.679> in<01:34:28.800> the<01:34:29.000> market<01:34:29.440> yes 01:34:29.790 --> 01:34:29.800 align:start position:0% uh you can participate in the market yes 01:34:29.800 --> 01:34:37.430 align:start position:0% uh you can participate in the market yes but<01:34:29.960> please<01:34:30.159> don't<01:34:30.320> tell 01:34:37.430 --> 01:34:37.440 align:start position:0% 01:34:37.440 --> 01:34:39.669 align:start position:0% everyone<01:34:38.440> and<01:34:38.560> so<01:34:38.800> keep<01:34:38.960> in<01:34:39.119> mind<01:34:39.360> you<01:34:39.440> can 01:34:39.669 --> 01:34:39.679 align:start position:0% everyone and so keep in mind you can 01:34:39.679 --> 01:34:42.030 align:start position:0% everyone and so keep in mind you can always<01:34:39.960> meant<01:34:40.320> complete<01:34:40.679> set<01:34:41.600> if<01:34:41.679> you<01:34:41.800> want 01:34:42.030 --> 01:34:42.040 align:start position:0% always meant complete set if you want 01:34:42.040 --> 01:34:43.550 align:start position:0% always meant complete set if you want you<01:34:42.159> may<01:34:42.360> not<01:34:42.520> want<01:34:42.679> to<01:34:42.800> trade<01:34:43.040> in<01:34:43.159> the<01:34:43.280> market 01:34:43.550 --> 01:34:43.560 align:start position:0% you may not want to trade in the market 01:34:43.560 --> 01:34:45.390 align:start position:0% you may not want to trade in the market of<01:34:43.719> what<01:34:43.840> would<01:34:43.960> be<01:34:44.080> the<01:34:44.159> snack<01:34:44.440> chosen<01:34:45.280> but 01:34:45.390 --> 01:34:45.400 align:start position:0% of what would be the snack chosen but 01:34:45.400 --> 01:34:47.109 align:start position:0% of what would be the snack chosen but you<01:34:45.480> may<01:34:45.679> just<01:34:45.840> want<01:34:46.000> to<01:34:46.119> trade<01:34:46.400> on<01:34:46.560> the 01:34:47.109 --> 01:34:47.119 align:start position:0% you may just want to trade on the 01:34:47.119 --> 01:34:49.270 align:start position:0% you may just want to trade on the conditional<01:34:47.480> Market<01:34:48.480> on<01:34:48.679> the<01:34:48.800> rating 01:34:49.270 --> 01:34:49.280 align:start position:0% conditional Market on the rating 01:34:49.280 --> 01:34:50.430 align:start position:0% conditional Market on the rating conditional<01:34:49.560> on<01:34:49.639> the<01:34:49.800> particular<01:34:50.119> snack 01:34:50.430 --> 01:34:50.440 align:start position:0% conditional on the particular snack 01:34:50.440 --> 01:34:58.390 align:start position:0% conditional on the particular snack being<01:34:50.560> chosen 01:34:58.390 --> 01:34:58.400 align:start position:0% 01:34:58.400 --> 01:35:00.030 align:start position:0% I<01:34:58.520> will<01:34:58.719> be 01:35:00.030 --> 01:35:00.040 align:start position:0% I will be 01:35:00.040 --> 01:35:01.950 align:start position:0% I will be back 01:35:01.950 --> 01:35:01.960 align:start position:0% back 01:35:01.960 --> 01:35:14.350 align:start position:0% back oh<01:35:02.960> okay 01:35:14.350 --> 01:35:14.360 align:start position:0% 01:35:14.360 --> 01:35:17.510 align:start position:0% okay<01:35:15.360> if<01:35:15.480> you<01:35:15.600> have<01:35:15.719> any<01:35:15.960> question<01:35:16.320> raise<01:35:16.560> your 01:35:17.510 --> 01:35:17.520 align:start position:0% okay if you have any question raise your 01:35:17.520 --> 01:35:31.910 align:start position:0% okay if you have any question raise your hand<01:35:18.520> yeah 01:35:31.910 --> 01:35:31.920 align:start position:0% 01:35:31.920 --> 01:35:34.470 align:start position:0% you<01:35:32.040> have<01:35:32.159> the<01:35:32.400> token<01:35:32.719> or<01:35:33.119> there<01:35:34.119> can<01:35:34.239> you<01:35:34.280> show 01:35:34.470 --> 01:35:34.480 align:start position:0% you have the token or there can you show 01:35:34.480 --> 01:35:37.430 align:start position:0% you have the token or there can you show the<01:35:34.600> token<01:35:35.199> yeah<01:35:36.199> yeah<01:35:36.320> you<01:35:36.400> have<01:35:36.560> F<01:35:36.760> skin<01:35:37.159> but 01:35:37.430 --> 01:35:37.440 align:start position:0% the token yeah yeah you have F skin but 01:35:37.440 --> 01:35:38.790 align:start position:0% the token yeah yeah you have F skin but you<01:35:37.560> have<01:35:37.719> the<01:35:37.800> smaller<01:35:38.119> one<01:35:38.400> you<01:35:38.600> put<01:35:38.719> the 01:35:38.790 --> 01:35:38.800 align:start position:0% you have the smaller one you put the 01:35:38.800 --> 01:35:48.030 align:start position:0% you have the smaller one you put the smaller<01:35:39.080> one 01:35:48.030 --> 01:35:48.040 align:start position:0% 01:35:48.040 --> 01:35:51.270 align:start position:0% here<01:35:49.040> token<01:35:49.440> for<01:35:49.679> these<01:35:50.040> I<01:35:50.199> I<01:35:50.679> some<01:35:50.920> for<01:35:51.119> the 01:35:51.270 --> 01:35:51.280 align:start position:0% here token for these I I some for the 01:35:51.280 --> 01:35:55.790 align:start position:0% here token for these I I some for the plums<01:35:51.760> and<01:35:51.960> for<01:35:52.239> the<01:35:52.840> other 01:35:55.790 --> 01:35:55.800 align:start position:0% 01:35:55.800 --> 01:35:57.550 align:start position:0% uh<01:35:55.920> you<01:35:56.000> don't<01:35:56.199> have<01:35:56.360> them<01:35:56.639> here<01:35:57.239> can<01:35:57.360> you 01:35:57.550 --> 01:35:57.560 align:start position:0% uh you don't have them here can you 01:35:57.560 --> 01:36:25.709 align:start position:0% uh you don't have them here can you check<01:35:57.800> over<01:35:58.040> there<01:35:58.280> I<01:35:58.400> think<01:35:58.639> over<01:35:58.880> there 01:36:25.709 --> 01:36:25.719 align:start position:0% 01:36:25.719 --> 01:36:27.990 align:start position:0% and<01:36:25.840> so<01:36:26.080> here<01:36:26.280> you<01:36:26.400> have<01:36:26.600> tokens<01:36:27.080> of<01:36:27.320> like<01:36:27.520> 10 01:36:27.990 --> 01:36:28.000 align:start position:0% and so here you have tokens of like 10 01:36:28.000 --> 01:36:31.149 align:start position:0% and so here you have tokens of like 10 50<01:36:28.440> and<01:36:29.000> 300<01:36:30.000> so<01:36:30.239> if<01:36:30.360> you<01:36:30.480> are<01:36:30.639> buying<01:36:30.960> you<01:36:31.040> are 01:36:31.149 --> 01:36:31.159 align:start position:0% 50 and 300 so if you are buying you are 01:36:31.159 --> 01:36:53.709 align:start position:0% 50 and 300 so if you are buying you are buying<01:36:31.600> two<01:36:31.880> token<01:36:32.159> of<01:36:32.320> 50<01:36:32.679> for<01:36:32.840> example 01:36:53.709 --> 01:36:53.719 align:start position:0% 01:36:53.719 --> 01:36:55.310 align:start position:0% for<01:36:53.880> now<01:36:54.040> you<01:36:54.119> don't<01:36:54.239> need<01:36:54.400> to<01:36:54.520> use<01:36:54.639> a 01:36:55.310 --> 01:36:55.320 align:start position:0% for now you don't need to use a 01:36:55.320 --> 01:36:58.229 align:start position:0% for now you don't need to use a 300<01:36:56.320> but<01:36:57.000> so<01:36:57.199> for<01:36:57.400> example<01:36:57.800> here<01:36:57.920> if<01:36:58.000> you<01:36:58.080> are 01:36:58.229 --> 01:36:58.239 align:start position:0% 300 but so for example here if you are 01:36:58.239 --> 01:37:01.149 align:start position:0% 300 but so for example here if you are paying<01:36:58.840> you<01:36:58.960> can<01:36:59.119> get<01:36:59.280> two<01:36:59.480> token<01:36:59.800> of<01:37:00.000> 50<01:37:01.000> but 01:37:01.149 --> 01:37:01.159 align:start position:0% paying you can get two token of 50 but 01:37:01.159 --> 01:37:02.709 align:start position:0% paying you can get two token of 50 but because<01:37:01.560> this<01:37:01.719> token<01:37:02.080> you're<01:37:02.239> going<01:37:02.320> to<01:37:02.639> you 01:37:02.709 --> 01:37:02.719 align:start position:0% because this token you're going to you 01:37:02.719 --> 01:37:05.229 align:start position:0% because this token you're going to you can<01:37:02.880> use<01:37:03.080> it<01:37:03.199> into<01:37:03.760> those<01:37:03.960> other 01:37:05.229 --> 01:37:05.239 align:start position:0% can use it into those other 01:37:05.239 --> 01:37:07.189 align:start position:0% can use it into those other markets<01:37:06.239> that's<01:37:06.400> why<01:37:06.560> we<01:37:06.719> also<01:37:06.920> give<01:37:07.040> you 01:37:07.189 --> 01:37:07.199 align:start position:0% markets that's why we also give you 01:37:07.199 --> 01:37:11.229 align:start position:0% markets that's why we also give you token<01:37:07.400> of<01:37:07.560> 10 01:37:11.229 --> 01:37:11.239 align:start position:0% 01:37:11.239 --> 01:37:14.270 align:start position:0% then<01:37:12.239> so<01:37:12.639> here<01:37:13.239> first<01:37:13.520> you<01:37:13.639> can<01:37:13.760> get<01:37:13.960> quicket 01:37:14.270 --> 01:37:14.280 align:start position:0% then so here first you can get quicket 01:37:14.280 --> 01:37:16.590 align:start position:0% then so here first you can get quicket and<01:37:14.400> fishkin<01:37:15.280> and<01:37:15.800> you<01:37:16.000> you<01:37:16.119> can<01:37:16.239> open<01:37:16.480> the 01:37:16.590 --> 01:37:16.600 align:start position:0% and fishkin and you you can open the 01:37:16.600 --> 01:37:18.229 align:start position:0% and fishkin and you you can open the last<01:37:16.960> box<01:37:17.280> I<01:37:17.360> think<01:37:17.679> you<01:37:17.800> will<01:37:17.920> have<01:37:18.040> in<01:37:18.159> the 01:37:18.229 --> 01:37:18.239 align:start position:0% last box I think you will have in the 01:37:18.239 --> 01:37:21.310 align:start position:0% last box I think you will have in the last<01:37:18.880> box 01:37:21.310 --> 01:37:21.320 align:start position:0% last box 01:37:21.320 --> 01:37:24.189 align:start position:0% last box yeah<01:37:22.320> oh<01:37:22.520> because<01:37:22.760> they<01:37:22.960> gave<01:37:23.119> us<01:37:23.840> I<01:37:23.960> have<01:37:24.080> a 01:37:24.189 --> 01:37:24.199 align:start position:0% yeah oh because they gave us I have a 01:37:24.199 --> 01:37:28.790 align:start position:0% yeah oh because they gave us I have a promter<01:37:24.600> with<01:37:24.679> a<01:37:24.840> timer<01:37:25.199> here<01:37:25.719> 520<01:37:26.719> 520<01:37:27.560> was<01:37:28.560> uh 01:37:28.790 --> 01:37:28.800 align:start position:0% promter with a timer here 520 520 was uh 01:37:28.800 --> 01:37:31.709 align:start position:0% promter with a timer here 520 520 was uh because<01:37:29.719> like<01:37:30.239> I<01:37:30.360> have<01:37:30.560> here<01:37:30.800> like<01:37:31.480> giving 01:37:31.709 --> 01:37:31.719 align:start position:0% because like I have here like giving 01:37:31.719 --> 01:37:33.550 align:start position:0% because like I have here like giving like<01:37:31.880> 17 01:37:33.550 --> 01:37:33.560 align:start position:0% like 17 01:37:33.560 --> 01:37:36.070 align:start position:0% like 17 minutes<01:37:34.560> because<01:37:35.000> the<01:37:35.119> last<01:37:35.600> team<01:37:35.920> they 01:37:36.070 --> 01:37:36.080 align:start position:0% minutes because the last team they 01:37:36.080 --> 01:37:37.990 align:start position:0% minutes because the last team they finish<01:37:36.760> a<01:37:36.880> bit<01:37:37.040> later<01:37:37.320> so<01:37:37.480> I<01:37:37.600> we<01:37:37.679> don't<01:37:37.880> have 01:37:37.990 --> 01:37:38.000 align:start position:0% finish a bit later so I we don't have 01:37:38.000 --> 01:37:39.709 align:start position:0% finish a bit later so I we don't have the<01:37:38.119> 10<01:37:38.280> minute<01:37:38.520> to<01:37:38.679> set<01:37:38.840> up<01:37:39.080> the<01:37:39.199> the<01:37:39.280> space 01:37:39.709 --> 01:37:39.719 align:start position:0% the 10 minute to set up the the space 01:37:39.719 --> 01:37:42.790 align:start position:0% the 10 minute to set up the the space but<01:37:39.800> this<01:37:39.920> gonna<01:37:40.119> be<01:37:40.239> the<01:37:40.400> last<01:37:40.920> uh<01:37:41.639> element<01:37:42.639> I 01:37:42.790 --> 01:37:42.800 align:start position:0% but this gonna be the last uh element I 01:37:42.800 --> 01:37:46.870 align:start position:0% but this gonna be the last uh element I do<01:37:43.000> this<01:37:43.400> one<01:37:43.560> and<01:37:43.679> after<01:37:43.920> I<01:37:44.040> finish 01:37:46.870 --> 01:37:46.880 align:start position:0% 01:37:46.880 --> 01:37:51.950 align:start position:0% it 01:37:51.950 --> 01:37:51.960 align:start position:0% 01:37:51.960 --> 01:37:57.310 align:start position:0% yeah<01:37:52.960> yeah 01:37:57.310 --> 01:37:57.320 align:start position:0% 01:37:57.320 --> 01:37:59.430 align:start position:0% and<01:37:57.520> what<01:37:57.639> will<01:37:57.800> be<01:37:57.920> the 01:37:59.430 --> 01:37:59.440 align:start position:0% and what will be the 01:37:59.440 --> 01:38:01.910 align:start position:0% and what will be the rating<01:38:00.440> if<01:38:00.679> this<01:38:00.800> is<01:38:01.199> the<01:38:01.280> particular<01:38:01.679> snack 01:38:01.910 --> 01:38:01.920 align:start position:0% rating if this is the particular snack 01:38:01.920 --> 01:38:06.229 align:start position:0% rating if this is the particular snack which<01:38:02.040> is 01:38:06.229 --> 01:38:06.239 align:start position:0% 01:38:06.239 --> 01:38:10.070 align:start position:0% chosen<01:38:07.239> who<01:38:07.400> was<01:38:07.520> the<01:38:07.719> guy<01:38:07.920> who<01:38:08.080> was<01:38:08.880> Chen<01:38:09.880> no 01:38:10.070 --> 01:38:10.080 align:start position:0% chosen who was the guy who was Chen no 01:38:10.080 --> 01:38:11.350 align:start position:0% chosen who was the guy who was Chen no he<01:38:10.159> say<01:38:10.280> he<01:38:10.360> will<01:38:10.520> come 01:38:11.350 --> 01:38:11.360 align:start position:0% he say he will come 01:38:11.360 --> 01:38:20.669 align:start position:0% he say he will come back 01:38:20.669 --> 01:38:20.679 align:start position:0% 01:38:20.679 --> 01:38:47.950 align:start position:0% yeah<01:38:21.679> oh<01:38:21.880> yeah<01:38:22.040> he's<01:38:22.199> back<01:38:22.360> he's<01:38:22.520> back 01:38:47.950 --> 01:38:47.960 align:start position:0% 01:38:47.960 --> 01:38:56.750 align:start position:0% you<01:38:48.119> think<01:38:48.920> a 01:38:56.750 --> 01:38:56.760 align:start position:0% 01:38:56.760 --> 01:39:16.550 align:start position:0% that's<01:38:57.239> up 01:39:16.550 --> 01:39:16.560 align:start position:0% 01:39:16.560 --> 01:39:23.550 align:start position:0% up<01:39:17.560> what 01:39:23.550 --> 01:39:23.560 align:start position:0% 01:39:23.560 --> 01:39:27.589 align:start position:0% like<01:39:23.840> what<01:39:25.119> no<01:39:26.119> is 01:39:27.589 --> 01:39:27.599 align:start position:0% like what no is 01:39:27.599 --> 01:39:46.750 align:start position:0% like what no is there 01:39:46.750 --> 01:39:46.760 align:start position:0% 01:39:46.760 --> 01:39:57.470 align:start position:0% oh<01:39:47.760> yeah 01:39:57.470 --> 01:39:57.480 align:start position:0% 01:39:57.480 --> 01:40:00.149 align:start position:0% yeah<01:39:58.480> no 01:40:00.149 --> 01:40:00.159 align:start position:0% yeah no 01:40:00.159 --> 01:40:05.030 align:start position:0% yeah no 100<01:40:01.480> yeah<01:40:02.480> two<01:40:02.960> so<01:40:03.199> you<01:40:03.320> will<01:40:03.520> get<01:40:04.040> 100<01:40:04.320> of<01:40:04.480> each 01:40:05.030 --> 01:40:05.040 align:start position:0% 100 yeah two so you will get 100 of each 01:40:05.040 --> 01:40:08.270 align:start position:0% 100 yeah two so you will get 100 of each so<01:40:05.239> that<01:40:05.360> would<01:40:05.520> be<01:40:05.760> like<01:40:06.280> two<01:40:07.040> of<01:40:07.239> 50<01:40:07.840> or<01:40:08.119> one 01:40:08.270 --> 01:40:08.280 align:start position:0% so that would be like two of 50 or one 01:40:08.280 --> 01:40:17.669 align:start position:0% so that would be like two of 50 or one of<01:40:08.440> 50<01:40:08.760> and<01:40:08.920> five<01:40:09.080> of 01:40:17.669 --> 01:40:17.679 align:start position:0% 01:40:17.679 --> 01:41:06.149 align:start position:0% 10<01:40:18.679> oh<01:40:18.840> yeah<01:40:19.080> I<01:40:19.159> saw<01:40:19.360> I<01:40:19.440> saw<01:40:19.960> the<01:40:20.119> GU<01:40:20.360> there 01:41:06.149 --> 01:41:06.159 align:start position:0% 01:41:06.159 --> 01:41:09.629 align:start position:0% oh<01:41:07.159> no<01:41:07.239> no<01:41:07.360> the<01:41:07.480> rating<01:41:07.679> is<01:41:07.880> to<01:41:08.080> 10<01:41:09.080> rating<01:41:09.400> is 01:41:09.629 --> 01:41:09.639 align:start position:0% oh no no the rating is to 10 rating is 01:41:09.639 --> 01:41:16.189 align:start position:0% oh no no the rating is to 10 rating is of<01:41:09.800> 10 01:41:16.189 --> 01:41:16.199 align:start position:0% 01:41:16.199 --> 01:41:19.270 align:start position:0% yeah<01:41:17.199> they<01:41:17.320> can 01:41:19.270 --> 01:41:19.280 align:start position:0% yeah they can 01:41:19.280 --> 01:41:22.669 align:start position:0% yeah they can only<01:41:20.280> no<01:41:20.400> no<01:41:20.800> you<01:41:21.080> you<01:41:21.400> you<01:41:21.560> put<01:41:22.000> uh<01:41:22.320> like<01:41:22.480> one 01:41:22.669 --> 01:41:22.679 align:start position:0% only no no you you you put uh like one 01:41:22.679 --> 01:41:26.030 align:start position:0% only no no you you you put uh like one like<01:41:22.840> that<01:41:23.000> and<01:41:23.360> five<01:41:23.599> like<01:41:24.000> that<01:41:25.000> for<01:41:25.159> example 01:41:26.030 --> 01:41:26.040 align:start position:0% like that and five like that for example 01:41:26.040 --> 01:41:28.709 align:start position:0% like that and five like that for example you<01:41:26.199> need<01:41:26.560> you<01:41:26.639> need<01:41:26.800> to<01:41:26.880> do<01:41:27.159> 100<01:41:27.480> total<01:41:28.480> so<01:41:28.639> if 01:41:28.709 --> 01:41:28.719 align:start position:0% you need you need to do 100 total so if 01:41:28.719 --> 01:41:30.830 align:start position:0% you need you need to do 100 total so if you<01:41:28.840> mean<01:41:29.080> to<01:41:29.239> complete<01:41:29.560> set<01:41:29.960> or<01:41:30.080> if<01:41:30.159> you<01:41:30.280> buy 01:41:30.830 --> 01:41:30.840 align:start position:0% you mean to complete set or if you buy 01:41:30.840 --> 01:41:35.669 align:start position:0% you mean to complete set or if you buy if<01:41:30.960> you<01:41:31.080> buy<01:41:31.280> here<01:41:32.080> you<01:41:32.199> will<01:41:32.440> buy<01:41:33.320> uh 01:41:35.669 --> 01:41:35.679 align:start position:0% 01:41:35.679 --> 01:41:38.310 align:start position:0% well<01:41:36.679> you<01:41:36.760> can<01:41:37.000> for<01:41:37.280> 100<01:41:37.639> for<01:41:37.880> 100<01:41:38.080> you<01:41:38.159> will 01:41:38.310 --> 01:41:38.320 align:start position:0% well you can for 100 for 100 you will 01:41:38.320 --> 01:41:44.470 align:start position:0% well you can for 100 for 100 you will get<01:41:39.000> you<01:41:39.119> will<01:41:39.360> get 01:41:44.470 --> 01:41:44.480 align:start position:0% 01:41:44.480 --> 01:41:46.830 align:start position:0% that<01:41:45.480> and<01:41:45.599> then<01:41:45.760> if<01:41:45.880> you<01:41:45.960> want<01:41:46.119> you<01:41:46.239> can 01:41:46.830 --> 01:41:46.840 align:start position:0% that and then if you want you can 01:41:46.840 --> 01:41:49.510 align:start position:0% that and then if you want you can actually<01:41:47.840> um<01:41:48.360> take<01:41:48.599> some<01:41:48.760> position<01:41:49.080> on<01:41:49.280> those 01:41:49.510 --> 01:41:49.520 align:start position:0% actually um take some position on those 01:41:49.520 --> 01:41:53.270 align:start position:0% actually um take some position on those Market<01:41:50.320> why<01:41:50.560> be<01:41:50.719> neutral<01:41:51.560> on<01:41:52.040> those<01:41:53.040> you<01:41:53.239> you 01:41:53.270 --> 01:41:53.280 align:start position:0% Market why be neutral on those you you 01:41:53.280 --> 01:41:57.149 align:start position:0% Market why be neutral on those you you don't<01:41:53.400> even<01:41:53.560> need<01:41:53.800> to<01:41:54.719> make<01:41:55.199> a<01:41:56.199> like<01:41:56.360> a<01:41:56.760> bet<01:41:56.960> on 01:41:57.149 --> 01:41:57.159 align:start position:0% don't even need to make a like a bet on 01:41:57.159 --> 01:42:04.990 align:start position:0% don't even need to make a like a bet on this<01:41:57.560> you<01:41:57.679> can<01:41:57.800> make<01:41:57.960> the<01:41:58.080> pred<01:41:58.480> only<01:41:58.679> on<01:41:58.960> the 01:42:04.990 --> 01:42:05.000 align:start position:0% 01:42:05.000 --> 01:42:12.229 align:start position:0% rating 01:42:12.229 --> 01:42:12.239 align:start position:0% 01:42:12.239 --> 01:42:16.149 align:start position:0% yeah<01:42:13.239> oh<01:42:13.360> no<01:42:13.480> no<01:42:13.599> so<01:42:13.719> you<01:42:13.880> get<01:42:14.239> 100<01:42:15.239> 100<01:42:15.480> total 01:42:16.149 --> 01:42:16.159 align:start position:0% yeah oh no no so you get 100 100 total 01:42:16.159 --> 01:42:18.589 align:start position:0% yeah oh no no so you get 100 100 total you<01:42:16.320> have<01:42:16.440> the<01:42:16.599> 10<01:42:16.840> where<01:42:16.960> are<01:42:17.040> the<01:42:17.440> 10<01:42:18.440> you 01:42:18.589 --> 01:42:18.599 align:start position:0% you have the 10 where are the 10 you 01:42:18.599 --> 01:42:21.709 align:start position:0% you have the 10 where are the 10 you have<01:42:18.719> some<01:42:19.000> token<01:42:19.280> of<01:42:19.440> 10<01:42:20.239> token<01:42:21.080> this<01:42:21.199> token 01:42:21.709 --> 01:42:21.719 align:start position:0% have some token of 10 token this token 01:42:21.719 --> 01:42:24.709 align:start position:0% have some token of 10 token this token no<01:42:21.880> you<01:42:21.960> have<01:42:22.199> C<01:42:22.440> of<01:42:22.560> 10<01:42:22.800> also 01:42:24.709 --> 01:42:24.719 align:start position:0% no you have C of 10 also 01:42:24.719 --> 01:42:27.189 align:start position:0% no you have C of 10 also I<01:42:24.800> think<01:42:25.000> there's 01:42:27.189 --> 01:42:27.199 align:start position:0% I think there's 01:42:27.199 --> 01:42:30.510 align:start position:0% I think there's somewhere<01:42:28.199> here<01:42:28.760> here<01:42:29.760> I 01:42:30.510 --> 01:42:30.520 align:start position:0% somewhere here here I 01:42:30.520 --> 01:42:32.709 align:start position:0% somewhere here here I think<01:42:31.520> be<01:42:31.840> 10 01:42:32.709 --> 01:42:32.719 align:start position:0% think be 10 01:42:32.719 --> 01:42:45.470 align:start position:0% think be 10 somewhere<01:42:33.719> 10<01:42:34.719> for<01:42:34.840> the<01:42:34.960> fish<01:42:35.520> right<01:42:36.520> fish<01:42:36.719> can 01:42:45.470 --> 01:42:45.480 align:start position:0% 01:42:45.480 --> 01:42:48.470 align:start position:0% yeah<01:42:46.480> I<01:42:46.639> just<01:42:46.920> gave<01:42:47.280> so<01:42:47.440> here<01:42:47.599> you<01:42:47.719> have<01:42:47.840> to<01:42:48.040> buy 01:42:48.470 --> 01:42:48.480 align:start position:0% yeah I just gave so here you have to buy 01:42:48.480 --> 01:42:50.229 align:start position:0% yeah I just gave so here you have to buy with<01:42:48.679> the<01:42:48.880> underlying<01:42:49.400> token<01:42:49.800> so<01:42:50.040> here<01:42:50.159> you 01:42:50.229 --> 01:42:50.239 align:start position:0% with the underlying token so here you 01:42:50.239 --> 01:42:51.510 align:start position:0% with the underlying token so here you have<01:42:50.360> your<01:42:50.480> fish<01:42:50.719> skin<01:42:50.880> you<01:42:50.960> can<01:42:51.119> buy<01:42:51.280> fish 01:42:51.510 --> 01:42:51.520 align:start position:0% have your fish skin you can buy fish 01:42:51.520 --> 01:42:54.430 align:start position:0% have your fish skin you can buy fish skin<01:42:51.760> up<01:42:51.920> or<01:42:52.040> Fishin<01:42:52.400> down 01:42:54.430 --> 01:42:54.440 align:start position:0% skin up or Fishin down 01:42:54.440 --> 01:42:56.830 align:start position:0% skin up or Fishin down you<01:42:54.560> can<01:42:54.760> me<01:42:55.000> the<01:42:55.199> set<01:42:55.560> by<01:42:55.840> giving<01:42:56.560> this<01:42:56.719> and 01:42:56.830 --> 01:42:56.840 align:start position:0% you can me the set by giving this and 01:42:56.840 --> 01:42:59.790 align:start position:0% you can me the set by giving this and you<01:42:56.920> will<01:42:57.080> get<01:42:57.199> a<01:42:57.320> cent<01:42:57.599> of<01:42:58.159> up<01:42:58.280> and<01:42:58.440> down<01:42:58.800> yeah 01:42:59.790 --> 01:42:59.800 align:start position:0% you will get a cent of up and down yeah 01:42:59.800 --> 01:43:02.589 align:start position:0% you will get a cent of up and down yeah yeah<01:43:00.560> yeah<01:43:00.719> and<01:43:00.800> you<01:43:00.880> can<01:43:01.000> me<01:43:01.199> a<01:43:01.360> set<01:43:01.520> of<01:43:01.679> fish 01:43:02.589 --> 01:43:02.599 align:start position:0% yeah yeah and you can me a set of fish 01:43:02.599 --> 01:43:08.430 align:start position:0% yeah yeah and you can me a set of fish up<01:43:02.760> and<01:43:02.920> down<01:43:03.119> if<01:43:03.199> you 01:43:08.430 --> 01:43:08.440 align:start position:0% 01:43:08.440 --> 01:43:18.310 align:start position:0% wish<01:43:09.440> 100<01:43:09.800> 100 01:43:18.310 --> 01:43:18.320 align:start position:0% 01:43:18.320 --> 01:43:31.830 align:start position:0% yeah<01:43:19.320> exactly 01:43:31.830 --> 01:43:31.840 align:start position:0% 01:43:31.840 --> 01:43:33.870 align:start position:0% okay<01:43:32.320> last 01:43:33.870 --> 01:43:33.880 align:start position:0% okay last 01:43:33.880 --> 01:43:35.830 align:start position:0% okay last trade<01:43:34.880> last 01:43:35.830 --> 01:43:35.840 align:start position:0% trade last 01:43:35.840 --> 01:43:39.910 align:start position:0% trade last trade<01:43:36.840> where<01:43:37.000> is<01:43:37.119> our<01:43:37.320> volunteer<01:43:38.119> okay 01:43:39.910 --> 01:43:39.920 align:start position:0% trade where is our volunteer okay 01:43:39.920 --> 01:43:41.910 align:start position:0% trade where is our volunteer okay here 01:43:41.910 --> 01:43:41.920 align:start position:0% here 01:43:41.920 --> 01:43:44.310 align:start position:0% here so<01:43:42.920> what<01:43:43.080> we<01:43:43.199> saw<01:43:43.480> is<01:43:43.599> that<01:43:43.840> there<01:43:43.960> are<01:43:44.040> a<01:43:44.119> lot 01:43:44.310 --> 01:43:44.320 align:start position:0% so what we saw is that there are a lot 01:43:44.320 --> 01:43:47.709 align:start position:0% so what we saw is that there are a lot of<01:43:44.520> PODS<01:43:45.360> where<01:43:45.639> both<01:43:46.040> stay<01:43:46.320> around<01:43:46.639> 50<01:43:47.599> but 01:43:47.709 --> 01:43:47.719 align:start position:0% of PODS where both stay around 50 but 01:43:47.719 --> 01:43:50.709 align:start position:0% of PODS where both stay around 50 but you<01:43:47.960> Al<01:43:48.239> so<01:43:48.440> have<01:43:48.599> some<01:43:48.840> pods<01:43:49.800> where<01:43:50.560> the 01:43:50.709 --> 01:43:50.719 align:start position:0% you Al so have some pods where the 01:43:50.719 --> 01:43:53.390 align:start position:0% you Al so have some pods where the cricket<01:43:51.159> stays<01:43:51.599> at<01:43:51.800> 50<01:43:52.520> but<01:43:52.679> the<01:43:52.760> fish<01:43:53.280> the 01:43:53.390 --> 01:43:53.400 align:start position:0% cricket stays at 50 but the fish the 01:43:53.400 --> 01:43:56.109 align:start position:0% cricket stays at 50 but the fish the fish<01:43:53.599> skin<01:43:53.880> goes<01:43:54.080> to<01:43:54.320> 70<01:43:55.159> so<01:43:55.440> you<01:43:55.560> can<01:43:55.800> actually 01:43:56.109 --> 01:43:56.119 align:start position:0% fish skin goes to 70 so you can actually 01:43:56.119 --> 01:43:58.830 align:start position:0% fish skin goes to 70 so you can actually use<01:43:56.400> this<01:43:57.040> as<01:43:57.159> a<01:43:57.280> tool<01:43:57.520> to<01:43:57.679> help<01:43:57.880> your<01:43:58.080> decision 01:43:58.830 --> 01:43:58.840 align:start position:0% use this as a tool to help your decision 01:43:58.840 --> 01:44:00.750 align:start position:0% use this as a tool to help your decision on<01:43:59.040> what<01:43:59.199> do<01:43:59.280> you<01:43:59.360> want<01:43:59.520> to<01:43:59.719> to<01:43:59.920> take<01:44:00.560> because 01:44:00.750 --> 01:44:00.760 align:start position:0% on what do you want to to take because 01:44:00.760 --> 01:44:02.830 align:start position:0% on what do you want to to take because you<01:44:00.840> can<01:44:00.960> see<01:44:01.159> that<01:44:01.320> the<01:44:02.239> because<01:44:02.440> you<01:44:02.520> can<01:44:02.679> see 01:44:02.830 --> 01:44:02.840 align:start position:0% you can see that the because you can see 01:44:02.840 --> 01:44:05.470 align:start position:0% you can see that the because you can see the<01:44:03.000> market<01:44:03.880> believe<01:44:04.880> you<01:44:05.000> will<01:44:05.199> get<01:44:05.320> the 01:44:05.470 --> 01:44:05.480 align:start position:0% the market believe you will get the 01:44:05.480 --> 01:44:07.189 align:start position:0% the market believe you will get the higher<01:44:05.800> rating<01:44:06.119> to<01:44:06.239> the<01:44:06.320> fish<01:44:06.560> K<01:44:06.760> than<01:44:06.880> to<01:44:06.960> the 01:44:07.189 --> 01:44:07.199 align:start position:0% higher rating to the fish K than to the 01:44:07.199 --> 01:44:09.589 align:start position:0% higher rating to the fish K than to the cricket<01:44:08.199> because<01:44:08.800> lot<01:44:08.960> of<01:44:09.119> PODS<01:44:09.360> there<01:44:09.440> are 01:44:09.589 --> 01:44:09.599 align:start position:0% cricket because lot of PODS there are 01:44:09.599 --> 01:44:11.430 align:start position:0% cricket because lot of PODS there are 5050<01:44:10.280> and<01:44:10.400> you<01:44:10.480> have<01:44:10.599> some<01:44:10.760> pod<01:44:11.000> which<01:44:11.080> are<01:44:11.239> at 01:44:11.430 --> 01:44:11.440 align:start position:0% 5050 and you have some pod which are at 01:44:11.440 --> 01:44:14.750 align:start position:0% 5050 and you have some pod which are at 50<01:44:11.760> 70<01:44:12.719> so<01:44:13.000> here<01:44:13.159> you<01:44:13.280> can<01:44:13.440> use<01:44:13.760> the<01:44:13.920> market<01:44:14.639> as 01:44:14.750 --> 01:44:14.760 align:start position:0% 50 70 so here you can use the market as 01:44:14.760 --> 01:44:18.350 align:start position:0% 50 70 so here you can use the market as a<01:44:14.880> tool<01:44:15.119> to<01:44:15.280> make<01:44:15.400> a<01:44:15.880> decision<01:44:16.880> so<01:44:17.679> which<01:44:18.159> uh 01:44:18.350 --> 01:44:18.360 align:start position:0% a tool to make a decision so which uh 01:44:18.360 --> 01:44:20.390 align:start position:0% a tool to make a decision so which uh snack<01:44:18.679> are<01:44:18.760> you<01:44:18.840> going<01:44:18.960> to<01:44:19.119> choose<01:44:20.119> I<01:44:20.199> will 01:44:20.390 --> 01:44:20.400 align:start position:0% snack are you going to choose I will 01:44:20.400 --> 01:44:24.030 align:start position:0% snack are you going to choose I will choose<01:44:20.719> the<01:44:21.000> fish<01:44:22.000> and<01:44:22.239> I<01:44:22.400> do<01:44:22.599> that<01:44:22.760> from<01:44:22.880> the 01:44:24.030 --> 01:44:24.040 align:start position:0% choose the fish and I do that from the 01:44:24.040 --> 01:44:33.189 align:start position:0% choose the fish and I do that from the beginning<01:44:25.040> so<01:44:25.599> I<01:44:25.880> I<01:44:26.000> took<01:44:26.760> r<01:44:27.760> on<01:44:28.119> fish 01:44:33.189 --> 01:44:33.199 align:start position:0% 01:44:33.199 --> 01:44:34.750 align:start position:0% oh 01:44:34.750 --> 01:44:34.760 align:start position:0% oh 01:44:34.760 --> 01:44:37.229 align:start position:0% oh so<01:44:35.760> the<01:44:35.880> fish<01:44:36.199> is<01:44:36.320> showan<01:44:36.800> and<01:44:36.960> what<01:44:37.080> is 01:44:37.229 --> 01:44:37.239 align:start position:0% so the fish is showan and what is 01:44:37.239 --> 01:44:39.229 align:start position:0% so the fish is showan and what is interesting<01:44:37.840> here<01:44:38.400> is<01:44:38.560> because<01:44:38.800> we<01:44:38.920> had<01:44:39.080> an 01:44:39.229 --> 01:44:39.239 align:start position:0% interesting here is because we had an 01:44:39.239 --> 01:44:42.990 align:start position:0% interesting here is because we had an actor<01:44:39.920> which<01:44:40.639> could<01:44:40.960> influence<01:44:41.400> the<01:44:42.000> market 01:44:42.990 --> 01:44:43.000 align:start position:0% actor which could influence the market 01:44:43.000 --> 01:44:45.270 align:start position:0% actor which could influence the market well<01:44:43.280> this<01:44:43.760> actor<01:44:44.159> took<01:44:44.480> the<01:44:44.639> token<01:44:44.960> of<01:44:45.159> what 01:44:45.270 --> 01:44:45.280 align:start position:0% well this actor took the token of what 01:44:45.280 --> 01:44:46.350 align:start position:0% well this actor took the token of what he<01:44:45.400> was<01:44:45.520> going<01:44:45.639> to 01:44:46.350 --> 01:44:46.360 align:start position:0% he was going to 01:44:46.360 --> 01:44:47.990 align:start position:0% he was going to do 01:44:47.990 --> 01:44:48.000 align:start position:0% do 01:44:48.000 --> 01:44:55.109 align:start position:0% do okay<01:44:49.000> we<01:44:49.199> let<01:44:49.360> you<01:44:49.480> finish<01:44:49.760> it 01:44:55.109 --> 01:44:55.119 align:start position:0% 01:44:55.119 --> 01:44:58.750 align:start position:0% so<01:44:55.320> what<01:44:55.440> is<01:44:55.520> the<01:44:55.679> rating<01:44:55.960> out<01:44:56.119> of<01:44:56.760> 10<01:44:57.760> seven<01:44:58.599> so 01:44:58.750 --> 01:44:58.760 align:start position:0% so what is the rating out of 10 seven so 01:44:58.760 --> 01:45:02.350 align:start position:0% so what is the rating out of 10 seven so the<01:44:58.920> rating<01:44:59.239> is<01:44:59.840> seven<01:45:00.840> so<01:45:01.320> you<01:45:01.520> have<01:45:02.199> the 01:45:02.350 --> 01:45:02.360 align:start position:0% the rating is seven so you have the 01:45:02.360 --> 01:45:05.310 align:start position:0% the rating is seven so you have the fishkin<01:45:02.960> token<01:45:03.440> which<01:45:03.880> redeemed<01:45:04.880> and<01:45:05.040> you 01:45:05.310 --> 01:45:05.320 align:start position:0% fishkin token which redeemed and you 01:45:05.320 --> 01:45:08.470 align:start position:0% fishkin token which redeemed and you also<01:45:05.760> have<01:45:06.599> the<01:45:06.760> fishkin<01:45:07.440> up<01:45:07.719> redeeming<01:45:08.199> for 01:45:08.470 --> 01:45:08.480 align:start position:0% also have the fishkin up redeeming for 01:45:08.480 --> 01:45:10.510 align:start position:0% also have the fishkin up redeeming for seven<01:45:08.840> and<01:45:09.000> the<01:45:09.159> fish<01:45:09.440> skin<01:45:09.800> down<01:45:10.080> redeeming 01:45:10.510 --> 01:45:10.520 align:start position:0% seven and the fish skin down redeeming 01:45:10.520 --> 01:45:12.030 align:start position:0% seven and the fish skin down redeeming for 01:45:12.030 --> 01:45:12.040 align:start position:0% for 01:45:12.040 --> 01:45:14.390 align:start position:0% for three<01:45:13.040> oh<01:45:13.199> no<01:45:13.320> all<01:45:13.480> the<01:45:13.599> market<01:45:13.840> are<01:45:13.960> closed 01:45:14.390 --> 01:45:14.400 align:start position:0% three oh no all the market are closed 01:45:14.400 --> 01:45:16.149 align:start position:0% three oh no all the market are closed all<01:45:14.560> the<01:45:14.639> market<01:45:14.880> are<01:45:15.040> closed<01:45:15.320> and<01:45:16.000> the 01:45:16.149 --> 01:45:16.159 align:start position:0% all the market are closed and the 01:45:16.159 --> 01:45:18.070 align:start position:0% all the market are closed and the workshop<01:45:16.520> is<01:45:16.639> also<01:45:16.800> closed<01:45:17.320> that<01:45:17.480> was<01:45:17.599> the 01:45:18.070 --> 01:45:18.080 align:start position:0% workshop is also closed that was the 01:45:18.080 --> 01:45:27.229 align:start position:0% workshop is also closed that was the last<01:45:19.080> that<01:45:19.239> was<01:45:19.360> the<01:45:19.480> last<01:45:19.679> element 01:45:27.229 --> 01:45:27.239 align:start position:0% 01:45:27.239 --> 01:45:29.310 align:start position:0% so<01:45:27.400> I<01:45:27.520> let<01:45:27.679> you<01:45:27.800> redeem<01:45:28.480> and<01:45:28.760> uh<01:45:28.880> so<01:45:29.080> thanks 01:45:29.310 --> 01:45:29.320 align:start position:0% so I let you redeem and uh so thanks 01:45:29.320 --> 01:45:31.229 align:start position:0% so I let you redeem and uh so thanks everyone<01:45:29.679> for<01:45:29.920> for<01:45:30.040> coming<01:45:30.280> to<01:45:30.440> this 01:45:31.229 --> 01:45:31.239 align:start position:0% everyone for for coming to this 01:45:31.239 --> 01:45:33.750 align:start position:0% everyone for for coming to this Workshop<01:45:32.239> I<01:45:32.400> hope<01:45:32.599> it<01:45:33.000> allowed<01:45:33.320> you<01:45:33.400> to 01:45:33.750 --> 01:45:33.760 align:start position:0% Workshop I hope it allowed you to 01:45:33.760 --> 01:45:35.510 align:start position:0% Workshop I hope it allowed you to understand<01:45:33.880> how<01:45:34.000> prediction<01:45:34.360> Market<01:45:34.679> Works 01:45:35.510 --> 01:45:35.520 align:start position:0% understand how prediction Market Works 01:45:35.520 --> 01:45:37.750 align:start position:0% understand how prediction Market Works how<01:45:35.679> you<01:45:35.800> can<01:45:35.960> use<01:45:36.199> those<01:45:36.520> to<01:45:37.320> predict<01:45:37.639> the 01:45:37.750 --> 01:45:37.760 align:start position:0% how you can use those to predict the 01:45:37.760 --> 01:45:39.629 align:start position:0% how you can use those to predict the future<01:45:38.560> at<01:45:38.719> least 01:45:39.629 --> 01:45:39.639 align:start position:0% future at least 01:45:39.639 --> 01:45:42.589 align:start position:0% future at least probabilistically<01:45:40.639> to<01:45:41.000> evaluate<01:45:42.000> potential 01:45:42.589 --> 01:45:42.599 align:start position:0% probabilistically to evaluate potential 01:45:42.599 --> 01:45:46.270 align:start position:0% probabilistically to evaluate potential future<01:45:43.000> values<01:45:44.000> and<01:45:44.239> also<01:45:44.880> as<01:45:45.040> a<01:45:45.159> tool<01:45:45.400> to<01:45:45.960> help 01:45:46.270 --> 01:45:46.280 align:start position:0% future values and also as a tool to help 01:45:46.280 --> 01:45:49.030 align:start position:0% future values and also as a tool to help decision<01:45:47.280> as<01:45:47.440> we<01:45:47.560> saw<01:45:47.840> with<01:45:48.080> the<01:45:48.320> fishkin<01:45:48.840> and 01:45:49.030 --> 01:45:49.040 align:start position:0% decision as we saw with the fishkin and 01:45:49.040 --> 01:45:51.750 align:start position:0% decision as we saw with the fishkin and Cricket<01:45:49.800> market<01:45:50.800> so<01:45:51.080> thanks<01:45:51.360> everyone<01:45:51.639> for 01:45:51.750 --> 01:45:51.760 align:start position:0% Cricket market so thanks everyone for 01:45:51.760 --> 01:45:53.870 align:start position:0% Cricket market so thanks everyone for coming<01:45:51.960> to<01:45:52.080> the<01:45:52.199> workshop<01:45:53.239> and<01:45:53.400> if<01:45:53.480> you<01:45:53.599> could 01:45:53.870 --> 01:45:53.880 align:start position:0% coming to the workshop and if you could 01:45:53.880 --> 01:45:56.870 align:start position:0% coming to the workshop and if you could please<01:45:54.239> help<01:45:54.880> to<01:45:55.080> put<01:45:55.320> back<01:45:55.480> the<01:45:55.679> coin<01:45:56.280> in<01:45:56.440> the 01:45:56.870 --> 01:45:56.880 align:start position:0% please help to put back the coin in the 01:45:56.880 --> 01:45:59.149 align:start position:0% please help to put back the coin in the boxes<01:45:57.880> and<01:45:58.040> the<01:45:58.199> card<01:45:58.480> if<01:45:58.599> you<01:45:58.719> also<01:45:58.920> put<01:45:59.040> them 01:45:59.149 --> 01:45:59.159 align:start position:0% boxes and the card if you also put them 01:45:59.159 --> 01:46:01.229 align:start position:0% boxes and the card if you also put them in<01:45:59.280> the<01:45:59.360> boxes<01:45:59.639> that<01:45:59.719> would<01:45:59.880> be<01:46:00.000> great<01:46:00.239> also<01:46:01.080> so 01:46:01.229 --> 01:46:01.239 align:start position:0% in the boxes that would be great also so 01:46:01.239 --> 01:46:02.709 align:start position:0% in the boxes that would be great also so thanks<01:46:01.480> everyone<01:46:01.760> and<01:46:01.880> if<01:46:02.000> you<01:46:02.080> can<01:46:02.239> help<01:46:02.440> us 01:46:02.709 --> 01:46:02.719 align:start position:0% thanks everyone and if you can help us 01:46:02.719 --> 01:46:04.310 align:start position:0% thanks everyone and if you can help us for<01:46:02.920> cleanup<01:46:03.360> that<01:46:03.480> will<01:46:03.599> be<01:46:03.719> great<01:46:03.960> in<01:46:04.040> order 01:46:04.310 --> 01:46:04.320 align:start position:0% for cleanup that will be great in order 01:46:04.320 --> 01:46:06.910 align:start position:0% for cleanup that will be great in order not<01:46:04.440> to<01:46:04.599> delay<01:46:05.159> uh<01:46:05.599> anything<01:46:06.480> so<01:46:06.679> thanks 01:46:06.910 --> 01:46:06.920 align:start position:0% not to delay uh anything so thanks 01:46:06.920 --> 01:46:10.950 align:start position:0% not to delay uh anything so thanks everyone<01:46:07.159> for<01:46:07.760> coming<01:46:08.760> and<01:46:09.199> uh<01:46:09.560> hope<01:46:09.840> you<01:46:10.800> I 01:46:10.950 --> 01:46:10.960 align:start position:0% everyone for coming and uh hope you I 01:46:10.960 --> 01:46:19.189 align:start position:0% everyone for coming and uh hope you I got<01:46:11.119> you<01:46:11.280> interested<01:46:11.639> in<01:46:11.760> prediction 01:46:19.189 --> 01:46:19.199 align:start position:0% 01:46:19.199 --> 01:46:22.470 align:start position:0% markets<01:46:20.199> sir<01:46:20.880> yeah<01:46:21.599> where<01:46:21.760> can<01:46:21.880> I<01:46:22.080> get<01:46:22.199> a<01:46:22.320> set 01:46:22.470 --> 01:46:22.480 align:start position:0% markets sir yeah where can I get a set 01:46:22.480 --> 01:46:26.480 align:start position:0% markets sir yeah where can I get a set of<01:46:23.159> to<01:46:23.360> teach<01:46:23.599> at<01:46:23.679> the<01:46:23.800> local<01:46:24.080> high<01:46:24.239> school