hello to everybody coming to you live live live from new york city february 4th um great day today markets are roaring right i think uh amazon had great numbers last night and looks like everybody changed their mind and decided that it's risk on again right um as always we have zach with us coming in from reno and we have two special guests we'll talk about them later uh but we have a few things uh that looks a few things went live right overnight yes spicy spicy things on top of it yeah so we'll cover all that so for the luna lovers it's live in the wallet right now and as you know it takes a lot of effort to get through the legal hurdles and the compliance hurdles and all the things that are involved in getting these things approved and integrated and tested and then the messaging and everything else and actually here in the audience we have somebody who works on that every day so if you wonder uh who is holding it up no just kidding who gets all these things who you you met before so ron uh ron and i and the rest of the team were here till midnight last night making sure that everything all the t's were crossed the eyes were dotted and we can do a successful launch so thanks ron and you see you can see he's getting less sleep than even me yeah i did go home and come back yes i had to kick him out at five minutes to midnight i was like okay guys do you need pillows or you're going home which one is it going to be but obviously you can see a big acceleration in january and february of the things that we're releasing and you haven't seen anything yet i mean the i was just talking to ron about the long list of things that we can't talk about i was like can we talk about this can we talk about this and so on so i was like no no no no no so but we can definitely talk about luna going live and as we said uh next week solana is going live yeah that's exciting also uh we launched the higher yield for sale tokens and now if you're a platinum you're earning 6.42 starting today instead of the 5.1 percent so a big big boost for the sell token hodlers and uh what else you're going to spill the beans or something or no you're going to i mean it's not all uh tightly coins we have uh transactions we have other things other things we're doing congratulate credo right right so so credit announced a big ground that was it 400 million 380 oh 460 million dollar valuation and uh this time celsius did make an investment we we are partners with credo and we obviously wish them well and very excited about all the success that they're having so uh we are big supporters you know we invested in one inch we invested in uh other uh protocols yeah including a big one i can't even announce that when is that going live everyone ron is the one that said that's keeping everything under wraps but it's like uh all of 2021 we were building and building we were planting the seeds and now those seeds are starting to sprout and growing everything is sprouting exactly yeah so so it is coming in you know it's like a flood now and and uh you know it's good because now our prep for all of these amas is what uh what we can squeeze into one ama and what has to be overflow to the next one because it's too much stuff to talk about well we have a whole lot we're very bullish on the amount of slides that we have each yeah thanks ryan yeah thanks ron for coming and again thanks you and your team for doing uh a lot of the work again compliance legal right contractual relationships all the stuff uh you know celsius mining celsius x so a lot of different initiatives that require a lot of legal work making sure again we're compliant in many countries and and ron dodge is hiring so if you have crypto experience and uh you're passionate about what we're doing and you have legal skills right you should definitely come and and apply so talking about jobs and hiring we have a special guest from atlanta uh trenchano ramos who's been with us for quite some time hi john cena how are you hello how's everybody doing how are you doing alex i'm good i'm er i'm uh you know i can't can't wait to get a little bit of sleep over the weekend i'm like i need to catch up on my z's you know like been being a very busy few weeks in a good way you know so um but uh you know you you we always every show we try to make your life easier by explaining to people that we have over a hundred open jobs open opportunities and i wanted to uh give you an opportunity to actually talk about it and explain to people because i think a lot of people are like you know i applied three times no one got back to me or or you know like i don't understand why i don't fit into the into the job description look at all my experience so maybe share with uh all of our viewers what's the process and how to use best practices to actually get to be part of the amazing celsius community well so i'll start out with happy friday i'm like you i'm excited that it's friday um and fridays are usually a really good day for us because of the ama and um you're always sending out all the you know pitches for us to let people know hey we're hiring this is what you need to do email us so we appreciate that thank you and um hi to zach hi to the community and everyone um so yeah we we have a lot of positions that are open and i tell you i think the last time i was on the ama at that time i think there may have only been myself and maybe a couple of other people and we're trying to get through all of the resumes the emails that are coming in so thankfully we did hire more recruiters um our recruiting team our talent acquisition team they we have about nine recruiters in the entire team they're about 13 because we have people sourcing trying to get through the resumes and the emails and then we have the recruiters who are calling and screening so the team is growing but i tell you i think our community is growing much faster so it takes us a little bit of time to get through those resumes but um one of the things that you know we did last year was we opened up this celsius opportunities so that you even if you couldn't find a particular role that you thought you were interested in you could submit your information to us that way we realized then that we still didn't have enough people to to sort through and to find people and to find the right roles for them but um this year what we want to do is really focus on bringing in people who have crypto experience a love for crypto love for celsius and what we do and how we do it and they also have the skills um to do the jobs for all of these positions that we have open so we're asking you uh to be creative um to highlight your crypto experience um you know we're going to show and talk a little bit about some of the positions that we have open but if you're interested in one of those positions then you know send us an email to jobs at celsius.com saying hey you know i'm an hr professional with crypto experience are you know i own you know crypto i hold crypto and i love celsius um highlight yourself make the title of the email crypto experience okay and and maybe let's put that slide with all the contact information so you know who to send information to so again depending on what your job is or what your role is you have to understand we have 5 000 resumes right so there's a lot of competition so you have to stand out right and and and to stand out you gotta emphasize i worked for this in this company i built this product i launched this stuff and you know i did i participated in this uh you know dao or ico or whatever those are the things that differentiate you from many other applicants who might have also relevant experience yeah and it's not just we have networks yeah the sometimes it takes more than once right the consistency and the the um trying over period time too it's not always the first application that gets seen but um keep trying keep trying and and eventually we'll we'll find those best people yeah that's we're asking people to highlight themselves but yeah you're right zach sometimes it will take two or three times please don't get discouraged you know we are doing our best to get through all of the resumes we are looking to um we're bringing in a new system to help us manage the volume and the number of resumes that we get to provide responses to everybody to make sure that we're getting back to everyone to say hey we have your resume we're reviewing it and the goal is to review those resumes and to get back to people within 72 hours what we're finding is a lot of time it's taken about seven days but don't give up yep and again our needs change so if you applied three months ago and we didn't have a role for you we may have a role for you now so like zach said uh you have to resubmit or you have to see a different post a different job opening and try to go for it and we'll we'll spend some time later on in the show to kind of go through the details of of actually what are the positions what do they represent what do they mean usually we skip through those pretty quickly you know we just show you here's what tushar needs here is what ron deutsch needs and so on and and you have to figure it out here you have a chance to also post your questions to trenchetta and and and get specific answers of a you know i have this skill or that skill or i work remote or anything like that and and really understand what celsius is willing to do and not willing to do some things we just can't do right but some teams needs need hand on uh look like for example our vegas team needs you to be on location and be part of that office to be in the call center or to be part of the lending team or whatever but many other jobs can be done remote all right so we'll get back to that in a minute we do have another guest with us today and georgie from uh public mint and uh jordy's coming to us from portugal right from uh bravo yes exactly to dubai to the bank some of you may remember we were in uh in lisboa and just a few months ago if you how long ago was that i can't even my brain is all mixed up was it three months ago in yeah it's been it was i think november last year where were we yeah when were we in portugal oh is that for the web summit three months ago yes confirmed three months ago so um um yeah we were at the web summit conference so it was like there was like 60 000 people from all over uh also a week later was the solana hackathon yeah and uh um so george's uh uh just launched uh on their mobile app they just launched the yield product as a partnership with celsius as you know we have many partners if you want to know who they are they're all listed on our website and public means is one of the new partners that we just launched the yield program with and georgie thanks for uh thanks for uh coming to the ama my pleasure so so portugal is is a lot of people talking about um um countries that are adopting crypto and they're all excited about el salvador and about uh you know some other small countries but portugal is one of the most crypto friendly places in the world right so maybe tell us you live there you get to spend time with the community every day we were just tourists in and out yeah well portugal is very open for for the outside um we're a relatively small country a lot of a lot of people here speak you know portuguese english french spanish um and we've we've seen more and more people move down here um primarily as as people started adopting you know more of a remote type of of work um and i think it's uh it started part of it is because uh for instance lisbon has you know great weather it's a great city to live in but increasingly there's a there's a bigger and bigger community in the crypto space out here um from um from a governmental uh perspective it's it's interesting to see how people in the government are aware of crypto it's not as if they're they don't know what's happening but they've take they've kind of taken a a hands back approach and say you know let's see where this goes let's see um where where how this evolves before we actually start uh trying to do anything with it um and more importantly we've seen like i'm part of a group with around 300 people here in portugal um and in that group we have um like one of the top lawyers from what would be the portuguese sec uh we have people in government that join and are just just sharing and learning from the community so uh that's that's really good then there's a financial aspect of how you know uh in portugal we it's gains on crypto are not taxed yet uh and i say yet because i'm not sure this is something that is going to last forever but there's a good approach of you know standing back and letting people uh innovate in this space well i think it's one of the fewest very few places in the world maybe the only place in the world where you can have uh gains on crypto convert them into fiat and not have any taxes also very low cost of living compared to some of the other european and north american cities so so you get to keep all the money you make and you can live with quality of life yeah yes you can live like a king when we were there somebody offered us uh to buy a castle and that castle cost less than uh uh an apartment here in new york city so yeah i was very tempted you know but my years my portuguese is not good enough you know i i'm uh uh no fa la portuguez you know so it's okay we speak english it's fine so anyway so let's let's talk a little bit about your experience of partnering with celsius because you know a lot of people kind of are want to create an app or they want to create a service and usually again it's very hard to build everything yourself i think the crypto community is very good at creating these building blocks right of either d5 protocols or c5 protocols and if you pull them together you assemble them well then you can launch a product like you guys did so tell us about your experience partnering with celsius yeah so i've i've known celsius since basically since you guys started um i've used the products myself so when we're out looking for partners um you're you know a an easy choice um and integrating with the with celsius uh at the technical level was pretty straightforward i think took our team less than a month less than a month less than a week to to build the actual integration tested um and they're you know just pretty responsive in terms of getting the legal agreements on doing you know due diligence um it took a little bit of the early time to do that did you just give him a compliment to our lawyer that was here on the call before on the probably yes very good all right because rarely we give them a compliment you know we always just call them and say why isn't it ready why is it late when can we launch it it's the same with it you know when you have you know people on the business side and they want to see the product out there i think there needs to be an appreciation for the things you don't know and and one of the things that i've learned in the last few years working with a larger variety of roles in the crypto space is to actually you know value compliance value legal valid contractual relations if you don't have those things it might seem like you're doing going fast but then you get to to the size of celsius or even as public medias and you you'd see their absence right you'd notice their absence so our experience with celsius and with the whole integration process and the partnering process was pretty pretty straightforward and pretty pretty good yeah and one of the reasons why we partner with many companies is because they can develop the things that we either don't have time or we don't have the expertise to do and and you can see many of the partners that we have uh cover different services of different solutions or do things differently than we do and one of the things we just talked about right before we started ama was launching the app in portuguese or in in spanish and so on which again we just don't have the resources to to get done and obviously you guys should have that expertise in house so those are uh great reasons to partner and work together with others to expand the crypto community right and make make these services available to others as well yeah on that note um i also i also didn't think that you know on celsius side you have i see it as you have two prongs right one on one side you are offering loans and on the other side you're capturing you know um liquidity in order to evolve that process um and it's part of your business model we on the other hand we're only focused on reaching out to people to offer the yield component because you are already handling everything else so we can afford to try and pursue uh a less tech savvy uh audience uh because we are very single focused on the the yield offering and not on the you know uh we also do loans basically our crypto collateral and so on and so forth so the infrastructure you build allows us to to do something and be very very focused on that yeah georgie getting a question from our users here um asking can you explain how the earn feature works um is it just on stable coins does it work on fiat what is this new product that you're launching with us right so the the earned program is essentially started off as an idea to kind of deal risk where your yield is coming from um so we're partnering with a group of c fine device solutions uh and spreading funds around so as to the risk the where the the actual uh yield generation process and it works with fiat as well as stable coins so this is built on top of the infrastructure that public built which is essentially a blockchain based blockchain uh dollar-based uh blockchain sorry uh dollar-based blockchain where the dollar is the native currency of the blockchain so whenever you load funds whether it's via ustc stablecoins or via wire transfer or ace or other other other mechanisms we're essentially sending out those funds to custodial partners and then when you choose to move those funds into um into the earned program those funds get sent to our yield partners right um so it works for any kind of dollars because once dollars are on on the public blockchain it no longer matters how they were or how they came in whether it was stablecoin or actual fiat they just become dollars on chain which are then transferred to to these partners hope that answers the question yep no thank you very much and uh thanks for partnering with us with celsius and we obviously wish you the best and let's let's come up with new features new capabilities so we can expand the community and next time we're in portugal we're going to come and see you in braga we're going to go for sure because you know we we hired a but we we we went on a on a bus tour with the whole uh team but you know we only got to kashkaish we never got to go north than that oh gosh that's like going to the us and never leaving manhattan exactly we got we got to go to new jersey and that's it you know yeah yeah well so um what is braga famous for what is the local uh well um there's there's the you know the pg version of that but bruce lee brag is known for its food uh and for being a very uh old religious uh site right there was one of the three roman cities in the in the peninsula um that's not the case anymore but there it's you can still see all the influence and all the churches like from where i live i look around and i can see 13 churches so it's it's crazy there's a lot of presence there it's a really old city so it's really really nice to visit and visit around you know in america uh if something is 200 years old we we say that it's ancient but when you go to portugal things are 3 000 years old you know and they're still standing so uh so just a different completely different uh my skin of history and still you know i i drove on some roman roads that were not maintained now for over 2 000 years it's still still perfectly good we have to pick our roads every year after after winter you know so we still have to learn some tricks from the romans thank you very much and we'll we'll uh we'll see you uh we'll see you soon thank you and you're invited to come over to our telegram group as well and if you have any other questions um we'll be there thanks for having me yeah all right so um so again besides luna which is obviously very exciting top 10 uh uh coin we also added doge right so if you are uh uh you know if you are a dog lover it's live in the wallet it's one of the very few places where you can actually earn yield on doge and on top of it you'll be able to wrap the assets and actually use it on other chains when we launch celsius x later on in february towards the end of the month we will be enabling wrapping of assets if you've seen the hack that solana had they had a bridge hack right so they wrapped each and somebody managed to steal that heath because they operate on layer two uh celsius and celsius x are working on a layer zero solutions we are natively issuing assets on different chains without the ability of hackers to look at the code or grab the coins or basically um do any kind of flash loans or any any kind of hacks or uh interference into the the minting or the burning of these assets right so uh celsius uh is really leaning towards the safer more secure c5 implementation of it versus the pure d5 implementation that solana and others are trying to do and again if you haven't read the vitalik's post you should because you can see vitalik is also leaning towards c5 as the long-term solution for uh minted assets and uh vitalik and i actually are doing teaching a class at mit two weeks from now and so i think he's doing the class about uh proof of stake and i'll be doing the crowd class about smart contracts and defy so mit is that uh minnesota institute of uh tech or what is that place machinski institute of technology yeah uh we named it now so so uh uh yeah look mit is a one of the best tech schools in the world and obviously we the united states of america has some of the best schools i would never get admitted as a student there my grades were just not good enough to go to mit but now i get to teach a class there it's the same class actually that gensler uh used to teach so uh thank you that for inviting me and for uh keeping educating people training people uh he's the professor who's actually teaching the class i'm just a visiting uh lecturer so or whatever visiting guest a but but my point is really that again that that you look at vitalik you look at what jack dorsey is talking about you look at what the most technical savvy people are focused on they're talking about very similar things to what celsius already built right so we are two or three years ahead of the curve here and if you have not attended our event this week we won twitter spaces with the founder one of the founders of polygon with the founder of quick swap really announcing uh the current the first launch of this implementation and as part of it we will be actually putting uh hundreds of millions of dollars worth of liquidity on quick swap together on on top of polygon right to enable uh basically the creation and the the trading of these different minted assets right so so we're very excited we aided avax and dodge and luna and a bunch of other assets and many of these are going to be available on this l2 where you can transact for one penny right so very excited about that the event was recorded i hope next week the video will be available and we'll post at least segments of it on our youtube but you'll be able to go to quick swap and uh watch the full event it was an hour and a half with a lot of really good questions from the community all right so and and this is just one chapter of what we're doing with polygon and so uh we will be making a few additional announcements i'm very excited about them but you'll find out about them later all right so um crossing off some of the items here so a few more few more things that we're announcing uh if you're taking a loan until now you could only do three years we now added the four and five year options so when you go into the loan option and even the five year option you can extend that again and again so if you if you're worried about oh my loan is going to come due longer durations are now available i think celsius has the longest durations and we already have people that have stayed with us you know the for three years renewed their loan without any issues and so we want these loans for as long as possible right because when you take a loan your fees your interest is what's paying the rest of the community right so those are things that are good for you and good for the community we have collateral so we're not worried about your repayment uh so those are very exciting things so go ahead try try the new loan features take a small loan check it out one percent loan right then no one else offers that so if you're paying one percent but i think this came from a demand of a lot of people wanted to make uh very large purchases some people want to buy commercial real estate some people buying houses and they were concerned about keeping that loan open long term and so now with these five years options you can extend it to even 10 or maybe 15 years and make those major purchases with confidence using a loan from celsius yeah you can brag about the huddler you are like being uh look i'm doing five year clips with celsius you know it's like uh put puts you in a whole different uh category and pay a much lower interest rate that's right yeah you save a lot of money on that it's uh definitely uh um you know take take a one percent loan and pay off the 24 credit card loans that you have right pay off all that credit card debt believe me you'll feel better about it you'll have more cash and get rid of all of that debt all right so we let's show the promo codes again we have still a lot of live promo codes you guys can use and so again there is a live list updated list on the website if you're if you if you're not sure about it all you can always go to the website take a look at it and also let's run the ether promo you can make up to six hundred dollars by just putting some more heath to work at celsius all right so yeah so that's a think of that six hundred dollars as a yield booster right you put you put some money to work and then celsius gives you even more eath uh to crank it up right so whatever uh yields you're seeing somewhere else do the math you'll see that celsius gives you more right so uh free money from celsius right we need that eth we need to put it to work um so trenchetto let's talk a little bit about again these positions i know we have uh several slides so maybe let's put the first light up and and you can walk us through the opportunities yeah and also alex you're you're going to be at mit so we're also going to have um our couple people from my talent acquisition team at mit with you um so for those who are in the area for those students um this will be a good opportunity if they're interested to work for celsius so we'll be there with you we're going to look for opportunity to just meet with others in the community to make sure that we're available and i'm finding all of the wonderful talent that we can um and since i'm here today we are talking about some of the hr positions that we have open so like i said we are you know we have all of these resumes coming in we have all of our leaders and managers who are saying hey we need help we need more people so um and you know we want to actually attract people and hire people who have the crypto experience and who can also join us and do these jobs so in hr we're looking for um executive hr business partners to partner up with our leaders um to make sure that we're driving and supporting the business as best as we can and we're looking for someone on the west coast we're looking for someone on the east coast also um we're looking for some hr generalists and we're also looking for more recruiters and in hr we're looking for people who have crypto experience if you you know like i said if you have a love for crypto and then let us know just highlight that hey um send us an email to jobs at celsius.network
and in the subject heading just say you know i am crypto and i am celsius snakes recruiter or celsius next um hr business partner and for those roles we are looking for people in addition to being you know uh lovers of crypto and celsius people who understand hr who have some of the basic fundamental experience and expertise to help manage you know our payroll our benefits we also have learning and development opportunities where we have to roll out training for our employees but anything related to employment then hr would handle that so we're looking for people who understand some of them that experience the knowledge the background and then um you know we were talking about some of the traveling that we've done alex you've been doing a lot of traveling we meet people everywhere a huge part of what hr does is we also have to make sure that we can employ people that we have the right operations in place which we everybody saw run on earlier he's a key part of that him and the legal team we work really closely with him to make sure that we're employing people the right way we're providing the right benefits um and we're looking to expand where we do that so um people who can help us with this expansion would also be great um so many different areas yeah so so a lot of people you know they show up and then we'll ask them oh do you have a celsius wallet no uh did you use any of our services no uh so what do you do oh i'm a big defy guy okay well you you if you have no interest in what celsius does right you might be really excited about something else and then it's hard for us to really believe that you're going to become a celsius and you're going to do good first and do well and so on so it's very important that you show us that you want to be part of community you heard georgie right before before he became a celsius partner he used the service right he used it for several years and then he came in and said okay guys i want to partner with you right so so these are very important pieces that tell us that show us uh uh that you're really here for the right reasons you know uh josh who was on on the last ama right two years being an ambassador putting together the community doing events right and and that that dedication comes through and through and it was so easy to hire the guy right so so just definitely you need to put that on your resume right i organized this event for celsius in whatever in in canada or in whatever right i i attended these places i did this i did that right i i referred 200 people to celsius right this these are the things that show dedication and it makes so much easier for the team to hire you because then they're like oh of course look this guy or this lady's already they already they know everything they know more than me about celsius right so so i think if you're serious about this you see the opportunity you want to become part of the team make it easier for yourself to get across the finish line and then highlight those items so let's i can agree with you more on that um you know that celsius being a community focused organization everything we're doing here is for the community and so understanding our product understanding our community or coming from the community i think is vitally important to the culture of the company and helps us push our mission forward so huge huge support on that statement yeah and most of the people you've seen on the show including zach used to be ambassadors right so so if you don't know what ambassador does a go to our website and sign up as an ambassador talk to scott and other people and and get involved right that's that if you're serious about that finding the opportunity in celsius being an ambassador is halfway there right that brings you closer to the company you interact with employees people put in a good words good word for you they refer they send your resume to trenchetta it's on the top of our inbox and and that's how we get things done right so all right so we have a bunch of uh slides here maybe trencher if you want to talk about some of these uh opportunities so what we've been seeing is uh we've this is the slide on the positions that we have open with product um product we have senior director senior product manager and so in these positions right here we're looking for people either in tel aviv or belgrade even san francisco and the reason being is because we have employees there and a lot of times we want to these groups people working in these positions need to collaborate with a group and then we also want to make sure we have them set up for success so they have teams that they're working with that they can partner with um and that they can get acclimated um to celsius in the company and uh before this slide i think we may have shown a few positions that we have open and marketing and as well as compliance now compliance these are really really important roles they work very closely with legal as well the preferred locations of course would be new york las vegas dallas and tampa because we want to make sure that these positions and the people who feel them are in these main hubs and we are looking for people who can help us with our kyc onboarding um here we have a list of marketing positions that um we're looking to hire for and to feel and you know i'm just watching the comments alex and i i'm seeing people say you know hey i mean i have a love for crypto and i have traditional experience no crypto experience right so in those situations i think you highlight that you um have a love for crypto that you own crypto you've worked in traditional companies but you really want to get into the crypto industry um highlight that um from a growth perspective and then i think maybe people have heard tuchara talk a little bit about some of the positions that he's looking for particularly the same locations new york tel aviv san francisco because these are the roles that are going to help celsius continue to grow continue to scale and they do have very specific job requirements however and we list those out in the job descriptions where these positions are posted on linkedin on our celsius website um but like we said you can send an email to jobs at celsius and the subject fill highlight you know i am crypto i am celsius snake's you know product manager or growth manager um and those are the emails that we're going to give priority to um those are the people yeah i think we have a history of um i really like to see your personality as well famously what waseem's um cold email to alex the subject was i want to be a foot soldier in the fight against the banks and like showing that level of charisma and excitement i think really makes you stand out um and then being a celsius on top of it and now he's climbing walls every day right he's he's out there climbing he's like uh instead of a foot soldier now he's like a wall climber like yeah he's part in the mountain uh mountain brigade i know so uh look we on the serious note the the uh dig into the product right you want to be on the product team on the growth team or whatever dig in and say okay i know how to fix this so i think you guys didn't implement the apis right or here are my ideas about cell token here's how i would launch celsius x right here is what you guys are doing wrong in mining or whatever right so so showing some initiatives showing that you care right you you doing that that's like volunteering saying hey i want the community to earn more right tells us that you could do gooder uh uh and and that you really wanna uh uh you know basically contribute be part of a team you're a giver instead of a taker right all those things are traits uh that we're looking for because when we put you put you into this team with that team uh uh we wanna make sure that you get started you get you you go running right away instead of like somebody showing up not knowing anything about crypto and then we have to spend six months uh getting them up to speed so it is it's a huge learning curve i mean just even understanding how to do simple transactions or having different wallets or understanding the main players it is understanding crypto is like a job skill in this industry so yeah you know language yeah it's like learning a new language and you you saw my portuguese wasn't too good but i sp i speak fluent crypto you know that's uh i'm pretty pretty i picked up that language pretty good you know um all right so we covered all the jobs again and there are many other opportunities if you don't see a good fit uh doesn't mean we don't we don't want you right so you can always come in and explain to us okay look i have these skills uh or you can start in a in one job do a good job there first and then transition with a lot of movement inside the company uh so those are things that we definitely want to uh focus on so that's one of the the best things about working with celsius is that flexibility and alex you really promote uh people working in the areas that they love and they enjoy doing so um you know i've been able to move around the company a little bit and move to a position that i really love and i've seen other people do the same and really appreciate having that flexibility internally and i think that's the only thing about it the people that we recruited like you look at last year you know we hired over 600 people right um they all came in loving celsius and wanted to do whatever they could to help they came in some of them would specialize experience and skills in one role but then when the opportunity came about for them to help out somewhere else you know they had their hands raised and you know that is absolutely the talent that we're looking for yeah so uh i i still hear everybody on tv on the news talking about inflation inflation inflation we are creating deflation right i mean is that a good thing or a bad thing because people are confused you know they were educated their entire life that deflation is a bad thing so let maybe let's show the slide that talks about celsius versus all the other inflationary guys right so if you were paying attention last week it was minus 0.42 now it's minus 0.63 meaning we are creating more deflation we're accelerating the deflation and we're doing that by increasing our burn right so let's show those chart the burn chart and right here we go so you can see record burn this week 84 000 right that increase is what's driving the deflation if you have a fixed number of cell tokens and you're burning more that means you're accelerating deflation when you burn 84 000 cell tokens that translates into every other cell token owner having less competition right there's less sell tokens competing for all of the yield that is being created by celsius so you can see i'd like to point out if we could go back to that last chart um the growth in this burn is primarily coming from more and more users earning and sell and more and more assets earning in sales since we opened up u.s accredited so we can see how how this u.s accredited launch has really affected the flywheel um and we hope to continue to see this kind of trend right and it's a rollout right it's going to take some time for us to get everybody on board to get everybody accredited get them to switch over get them to see that they're earning more for them to click on more and more assets to earn and sell but it's already happening you can see the wheel the flywheel is accelerating more assets more yield more yield sorry more more people more users more assets more assets more yield more yield more people earning and sell so let's let's show the weekly numbers as well uh yep very strong numbers this week uh registration 16 800 inflows 388 million outflows 272 million with a very strong net positive transfer of and sixteen million dollars worth of crypto incredible right more us in coin yes that's more assets more people earning and sell a burn goes up i mean it's almost like we built a a very beautiful system here alex i think i think you did an amazing job uh yeah but i hear we have competition i heard that uh we have competition from paris is that true is that is that just a rumor or it's actually happening from paris this dad joke just went straight over my head i didn't catch this one paris hilton launched in her own is that is that a rumor or is that true here we go you see so you won yield or you won paris so uh you know i guess these days anyone can launch anything you know like no but look the nft space is exploding in a good way in a positive way right there's a lot of experimentation going on as i mentioned we are we put our hat into the ring we're gonna be launching something as well we've been cooking something pretty big and you know that's why ron deutsch doesn't get any sleep one of the reasons why he's not getting any sleep all right so um you know trencher i know again you've been a leader in celsius again thank you for joining you you showed leadership helped bring many other people into the team and this month is uh black history month and i know you're this is dear to your heart so i wanted to give you an opportunity to talk about it and uh share the knowledge and the love with with our community as well well so it's dear to my heart but here's a wonderful thing the wonderful thing is that it's dear to celsius heart you know we talk about um celsius being a disruptor right so celsius disrupting the the financial industry and i think celsius also does an amazing job at um disrupting the status quo um disrupting the status quo so that many people have the opportunity for financial freedom and you know and i've talked about this and i talk about this a lot with my team as well as with others i think one of the greatest experiences you can have as a professional is to work for organization that values diversity not only in our words but also in our actions and it's not something that we just focus on once a year but every day we want to make sure that you know all of our community members all of the candidates who apply to us all have equal opportun opportunity for job for growth for financial freedom and celsius promotes that lives that breathes that um in everything that we do so we're not just disrupting the financial industry we're also disrupting status quo as it relates to diversity equity and inclusion and i think that is one of the greatest experiences you can have as a professional and it's one of yet many things that makes celsius great yeah and you had a beautiful quote there so i'm gonna let's bring it back give you an opportunity to share it with our community as i said one of the greatest professional experiences you can have is working for an organization that values diversity not only in their words but also their actions not just once a year but every day um i wanna yeah i wanted to pause on that just because uh again a lot of people talk about it a lot of people have it in their charter we have to do this versus uh actually making sure it it is part of the organization it's part of the dna right and everybody lives that every day right giving people the opportunity that's what celsius community is all about right we're all together the whole point about celsius is all of us together achieving financial freedom it's it means different things for different people but we're not leaving anybody else behind right we're all going to use best practices we're all going to huddle together we all gonna make sure that the product the services we have the opportunities we give the education right including other people all those things are are what we do every day it's not just one once a year or a month a year that we kind of stop and start thinking about it we do need reminders so this month is a good reminder to say hey did you leave anybody behind are you really caring for these people or you're just putting it on your charter to make sure that somebody else can go and say yes these people have diversity they added uh one person of color to their board or whatever for me that doesn't mean anything right for me it's all about are you providing equal opportunity are you providing uh you know equal access equal treatment and again helping the people that need help right the the people that don't have the opportunity again i'm an immigrant i came in with nothing right and this country gave me an opportunity so this is about remembering to give back remembering to spend time on that again doing good first then doing well right then not at the same time doing good first and and many of our people you know uh are givers you know like uh bethany runs out of here sometimes early because she has to go to the soup kitchen or she has to go to volunteer and here and there and that's what make celsius employees special right when you see that you know that they are they're at the right place they're the right company they came to work at the right place again when you submit your resume to tranchetta highlight those things show her that you are a giver show her that you care about others because we can teach you crypto but we cannot teach you to be a giver and care for other people all right um we have a birth thank you yes so i wanted to make sure we highlighted this a second time because i i felt like we skipped over it a little bit and again this is the the core foundation of what we are all right so we have a burn we do a burn every week so let's uh press the button and feel the burn the temperature is rising the temperature is rising the temperature is rising staying right on the track the temperature is rising spin it in y'all for those of you haven't noticed that number used to be fifty thousand then sixty thousand and seventy thousand eighty four thousand sell tokens and people still send me emails and say our message is saying why are you burning these things you know so again when there's less of if you want to read up on deflation don't go and read what the inflation people are telling you right you have to read austrian economics and understand supply and demand and understand how in this scenario deflation is good for you it's not bad for you right and yeah it's kind of interesting how like it traditional economic thoughts have been dominated by this idea of oh yes printing more money will help everybody and that's not the case in any way well again you you got a twelve hundred dollar check and the big companies got billions of dollars so they gave you a few crumbs a few crumbs and you think you're doing great meanwhile they printed 40 of all the money that ever existed and gave it to all the rich people so how that inflation of money helps you you get the crumbs the leftovers from the crumbs okay that's how little you got okay and if you don't know what i'm talking about do the math 200 million americans who got paid 1200 versus 10 trillion dollars that they printed where did all the money go americans barely got few hundred billion dollars right just four or five percent of all the money that got printed 95 went to the fat cats 95 okay that's how bad it is all right we um we attended uh ces right to char uh represented celsius there so we have a video roll from the event and we did a great job i think they're kind of educating people about crypto about yield about uh where are we going from here why this is important so let's play that out see a future where the concept of crypto or even the word crypto kind of fades into the background and this is just another opportunity for me to take my money and do something and all this technology is more stuff that happens for the for the elite people behind the scenes or the nerds behind the scenes to figure out look at the arc of all the technologies we've had so far right one of the things is our celsius founder was also the one of the founders of voip voice over ip yeah now all almost all of the phone calls we make these days are all going through voice over ip how many people can explain what voice over ips no one can and they don't care right the fact that we can make cheap calls internationally and the and it's crystal clear uh you know calls that's all that matters and so if you take that technology and bring it back to crypto that's basically what it is it's like the promise that was made to me does it work is it secure can i trust this all the the other technologies on the back end now there's there's going to be some of these crypto natives that really want to know you know which uh chain are you on and like do i need to write smart contracts and get a slightly higher yield and do i do staking right there's always going to be people like that yeah great job to share thanks for that appearance um so also to talking about jobs and stuff we do have a bug bounty program if you can find anything wrong with our systems again knock on wood we didn't have any hacks but if you can find any vulnerability that is usually a hiring ticket right there and you don't even have to fix it you just have to show us that you dug through the system and found something that our hundreds of engineers didn't find right that's like an instant employment uh uh ticket right you get straight to the front of the line so i need those emails sorry i need those emails and and females yes emails and females so we need we need more women also uh so again uh put that right in the header right and again we we are it's very important for us to have try to get to 50 or more or more females in celsius again we cannot win this revolution if there's only 15 percent women in crypto we cannot we guaranteed to fail because we're competing against other platforms like the chinese yuan like uh cbdc's and so on and they already have the entire population including about 52 percent women which is the i think the average worldwide right just a little bit more than that so so what's important is that you know if you look at the most progressive organizations or the progressive companies the most successful what you find about those companies is that they are leading the way as it relates to diversity um and diversity you know um race gender uh all of those things they're driving equality and the in inclusion these are the companies who are leading the way and paving the way and others are following and celsius you know as i said is one of those companies who's leading the way um and being a disruptive to the status quo making sure that we're focusing on um and providing um equality as it relates to diversity and inclusion right and you should highlight that right if you're a female engineer highlight that some of our best product managers and and programmers and so on are women and it makes our product better right because again if we're just designing a product by man for men guaranteed it will not work well when when when our when our some of our users or female are going to use it they're like what what i don't know how to use this thing this is not friendly okay so so it's a very important piece for us again qa uh every part of the product origination or customer service or uh compliance again all of these jobs obviously are open uh for female as well as for males and you just have to prove convince us that you are the best candidate for the job all right um all right let me cover the news we have a bunch of uh news articles here so i'm sharing my screen the content is just jam-packed and last week and this week too it's we got a solid hour and a half of just announcements and news and updates and this is awesome yeah so look bitcoin is up almost 10 today uh rocketing uh up and uh uh basically bucking the trend right zach was saying right before we started the the show that uh crypto is uh definitely uh uh not behaving the way the market is right you can see that uh we were holding very well compared to the qqqs right they were going down but we were holding and now that the queues are going up a little bit you can see that the crypto market is just ripping higher and we always say to people look you never know when this is going to happen so if you don't if you're not ready if you're not there and you're going to miss days like today where when it's up almost 10 percent in a few minutes right this is just a very short period of time uh you're never going to catch up so sitting on the sidelines and trying to time the market uh here you had lunch and you missed 10 spike right that's it you miss five days like this and and you will never catch up with bitcoin so what celsius does better than most right is that we're always in the market and we're earning yield on top of it meaning we're beating the index again if you're not following uh me on twitter or celsius please do so uh we need your help in basically spreading the news like this show share the show with others that's how we are bringing people into crypto right and we create these videos to educate and help others uh join our community and i post regularly um here's our post with public mint and georgie that we just had as well as obviously many many other uh pieces of content our launch with quick swap and polygon so if you're missing all these things uh that's because you're not following celsius or me on this channel so again i was on invest answers um i think this um what do we have now 70 000 views so pretty good uh attendance and uh george is always uh sorry james is always a great interviewer he is a great guest and great content i watch him regularly so if you don't follow him it definitely you need to right he's almost what is it almost half a million followers so let's listen to him for a minute on this tuesday morning with alex michinski uh i refer to him as the true robin hood of the crypto world alex all right we can stop right there the true robin hood okay so uh what we are we we give we give to our community what others want and not robin hood not uh fidelity not charles schwab will give you any of the sec lending income yet celsius does that every week every monday right so again block works we love black works they cover the news pretty well here is um trad fight talent flocking into crypto so if you haven't read the article uh covers uh the top executives that celsius has been able to attract and again if you uh follow them on the news they have a lot of great content and a lot of people who are in the crypto sphere and so a lot of great stuff here that you can basically benefit great way to also learn about the top content learn about d5 about nft is about core crypto uh and and really get in the news uh i highly recommend the content over here so a great place to learn things uh so again follow invest answers on his twitter handle we also did uh a we are going to be talking carl's going to be talking at the nftnyc event we've been speaking there for the last i think three or four years uh religiously great event uh which you must attend if you have anything to do with nfts you gotta be in this event and get to know all the people who are around it and we also did a panel for the serbian entrepreneurship uh group and kind of talked about celsius is this is my third company in serbia uh so we have you know uh created hundreds of jobs over there and really a great place where we hire great talent and again thousands and thousands of celsius in in serbia we announced a quick swap and celsius x partnership so again this is a post on medium if you haven't read it great content here that explains why this is so special again celsius is the uh the launch partner for chain link for the asset verification for ccip uh also launch partner for polygon launch partner for quick swap and other chains and these are all unique things that you can see celsius is a leader in the space creating new capabilities that others are just wishing they had and all that helps the community we charge no fees for minting or for wrapping assets so when that launches later this month we're going to unite pools of liquidity across many different chains which is going to create much more much faster adoption and much more yield to everybody in d5 and c5 the imf right the imf is urging el salvador to d
2022-02-10