GAINS AMA with StrongNode — September 16

GAINS Associates

7 min readSep 22, 2022

On Friday, September 16, we had the pleasure to welcome to our Telegram chat:

Daniel Saito, cofounder

We asked him questions about the development of StrongNode.

Some sentences have been slightly edited for readability but the meaning has been conserved.

Introduction

Q — Ayeley from GAINS: Please introduce yourself. Tell us about your journey with StrongNode.

A — Daniel from StrongNode: I am Daniel Saito, the CEO, and founder of StrongNode. I have been involved in technology for over 30 years now. I was self-taught in programming and started working at 16. I started 2 ISPs in both the USA (dedicated to gaming) and Japan (consumer ISP). I worked with a team that deployed 2 satellites into space for a News Corp venture in Japan. I also worked at the NTT DoCoMo R&D for designing the framework for the “security enclave” in 4G devices.

Eventually, I ran a widely successful open-source database company called MySQL. I have advised and worked on various other projects in the past like WAX, Bluzelle, OST, and others before working on StrongNode

About StrongNode

Q — Ayeley from GAINS: Can you tell us a little about the StrongNode project?

A — Daniel from StrongNode: StrongNode is an Infrastructure-as-a-Service technology company that leverages edge computing and blockchain technologies and harvests idle computing power from common digital devices. We are the first project of the incubation lab entity TkyoLabs. StrongNode is a Web 3.0 infrastructure without any servers.

The StrongNode approach has an ESG (Environmental, Social, and Governance) aspect where we understand that there is a “significant” digital footprint at the mass consumer level that can be retooled and refocused to help process “data” on the edge network (last mile). We hope to crack the digital divide issue and the e-waste issue at the same time. In addition, our platform provides an eco-friendly solution for those who want to avoid the high energy costs of traditional data centers.

Q — Telegram user Crypto Trader: You have said that STRONG NODE is “A Leader in the Green Tech”. Why do you say so?

A — Daniel from StrongNode: I think that what makes us stand out is how StrongNode’s efforts for “Computing with a Purpose.” Macro events around the world contribute to this a good example is ETH which was responsible for 0.2% of overall energy consumption in the world 😅. It doesn’t help with Bitcoin’s increasing energy consumption has triggered a passionate debate about the sustainability of the digital currency. We want to introduce the idea of GREEN MINING and we want to make “Computing for a Purpose” a reality. We are officially in a recession with macro events whether it is war or plague there are supply chain issues, and that unpowered/unused laptop in your desk drawer can be retooled to make your supplemental income.

Q — Telegram user Spotify: Who can be Edge Customers? How can they start using the Edge Network? What Would they have to give?

A — Daniel from StrongNode: Anyone with an internet connection and computer or mobile phone, Basically a digital device

Q — Telegram user Moeen: For What kind of different Industries, “Strongnode Innovation Lab” is Creating the solutions? Can You Please Talk about that?

A — Daniel from StrongNode: Working on solutions that help build out the blueprints of Web 3.0 as there are many pillars that $SNE has to define. First, we are tackling privacy and security. Then we have other projects in the pipeline with other CEOs whether it is a DAO or a new service. But my focus is to make sure we build out the proper building blocks that enable web 3

Token

Q — Ayeley from GAINS: Tell us about the $SNE token utility.

A — Daniel from StrongNode: $SNE is the native token of the StrongNode economy. We have vendors willing to rent out computing time and resources in exchange for the $SNE token and it also forms the backbone of our wider ecosystem’s economy.

Our $SNE token can be used on our platform for our Enterprise or Retail and End User services (Edge Customers), Edge Seeders or the individuals with the compute resources, and the Edge Innovators or projects running on the StrongNode Edge technology.

Partnerships

Q — Ayeley from GAINS: Do you have any partnerships worth mentioning?

A — Daniel from StrongNode: We have several partnerships in the works. But to highlight our partnerships, we have a great partnership with GAINS (glad to be here) and others that are pending a press announcement (we are sandbagging our announcements). It’s a down market. We keep our heads down and develop the business and the tech. Sandbagging announcements and waiting for the TA analysis against crypto to recover

But one partnership we can talk about is “Stardust”. Great tech, great partnership! We are using their tech to do all the wallet management. But we are working with them to get scale and plan to hit scale.

Another crypto project we have partnered with is Splinterlands. The idea is to help build a community for the crypto community, to have a mutual place where everyone can talk about games and crypto. But all in all, we have about dozen partnerships down the pipeline.

Q — Telegram user Chaise NewWeLL: Tell us About the partnership between StrongNode and GAINS Associates.

A — Daniel from StrongNode: GAINS has always been a close partner of ours and you guys and gals have worked with us as a sounding board. We think GAINS is an extension of our community (since you were there since day 1). Besides Alex is a cool cat too.

We want to have the folks at GAINS the first alpha on what we are working on. We will have more AMAs and plan on covering with other groups. But we feel GAINS like family

Q — Telegram user Sozib 176: Where can I find and get token information? What are the options to process to allow users to get $SNE tokens?

A — Daniel from StrongNode: We are on CoinGecko

Business Development

Q — Ayeley from GAINS: We have a lot of investors from GAINS anxious about your success. Can you tell us about some milestones reached?

A — Daniel from StrongNode:

1./ The $SNE LP Staking Farm on Tokensfarm is still going strong. We have successfully staked 311.85M $SNE tokens.

2./ As of today, our Tokensfarm $SNE-MATIC pool is tracking 117.04% APY as we have currently extended the liquidity pool rewards. So if you haven’t staked your $SNE tokens now, this would be a good time to lock in your place in the LP pool.

3./ Bridge code is complete and undergoing 3rd party code audit.

4./ StrongNodeID is complete and ready to be shipped (white label customers are lining up for this service)

5./ Exchange listings (and more to come..)

6./ Working to be chain dependent as we are planning to move over to ETH and other chains.

7./ AnzenVPN is our solution for distributed VPN. Like no other this implementation has not yet been done yet technologically (yes I know of other dVPN vendors) but we take a different approach.

8./ partnerships, partnerships, partnerships.

So yeah we have been busy behind the scene. Yet we are committed to delivering the SNE solution as we are identifying the building blocks that makeup WEB3.0. A lot of work to be done still as this is a long-term project for us. We have not sold any $SNE tokens and all staff/employees/team tokens are locked up for 4 years.

Q — Ayeley from GAINS: Talk of community, how would you rate community support for the StrongNode project thus far, and what can we do to provide the best support to your project?

A — Daniel from StrongNode: Community support has been extremely valuable to $SNE as the community helps build the product with us.

In open-source technology, we lean in on working with the community to drive code contributions and ideas against products. You guys and gals have been great in giving us the feedback on product and designing it with our close community.

With our $1B exit from MySQL, a lot of community activity helped get to our price, so we know the value of community!

It’s been an action-packed three days and we are very grateful you made time to visit our communities and tell us about all the wonderful things you have been up to so far — Ayeley Commodore-Mensah from GAINS Associates
Well, you folks are our investors so I owe it to you folks to let you know what’s going on behind the scenes. Thank you for having us for the past three days, it was fun. Check out our socials. Also, follow remember to follow me on Twitter — Daniel Saito from StrongNode

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