Quick sound check. Um, and everyone can see me. Thank you.
Um, everyone for making the the time today. Um, a lot of updates I'm going to walk you through um, in uh, in a moment. I'll just give you an overview of what uh what plans is going to say.
But as I committed to you on the previous call and the time before that um I will I will be hosting these calls and giving updates as regularly consistently um and methodically as possible, giving you um transparent feedback, real-time updates uh when we can. We want to make sure that we um we keep keep everyone updated as frequently as possible. Obviously, I know we have a bunch of people reaching out, whether it's to myself, Ahmed, Brian, um, and the crew.
Ahmed actually was just messaging me earlier. He's he sends his, um, his greetings to everyone. Um, and, uh, and obviously Ahmed is is completely as has always been leading the charge on the marketing front.
I'll walk through in a little bit uh, you know, what Brian is leading the charge on with regards to the, um, w with the the audit. But basically today what I'm going to walk folks through is the road map in terms of how it looks for the remainder of August uh for September and for October um including uh including precisely when we will uh resume with partner withdrawals um as well as the u an upcoming event uh in Bali which is pretty exciting. So mixing news today, but you know the commitment from my side that as frequently as possible, we'll we'll have these calls uh make sure that people have uh the correct information, the appropriate information uh as we navigate through this.
And as I'd said before, you know, and you'll see with some of the things that that we're working on, uh the goal here is is is to come back stronger, uh come back better, uh come back more efficient, more structured, more institutionalized, and uh to truly be a a best-in-class uh you know, operator and and and leader um on in on this frontier frontier age technology system that we that we operate in. Before I kick off, you know, we have we have a full room today as we always do and you know, genuinely I I go out to this company doesn't exist um without this community, without this network um with what has been built and so I say from myself and behalf of the entire team here that uh you know that is um incredibly important to us. It's incredibly critical to us.
uh and our goal here again is to deliver timely results in a institutionalized manner and come back stronger [clears throat] than we've ever been before. So with that said, I'm going to walk you through a presentation now. As I mentioned, we'll have an update on the uh audit as well as how things will play out through the remainder of August into uh September and as well as October.
So with that said, I'm just going to share my screen quickly here. Um, all right. So, that should be good.
All right. Uh, with that said, let's jump uh let's jump straight into it. We've got a a full house here.
I'll I'll be as thorough and um and and efficient here as possible with with specifically noting where where to pay special attention on some of the updates. Uh so starting as I said before uh Brian Brian Ben is obviously leading the charge here on the um on the audit uh and the recovery process side. Um he and his team are are executing and conducting an extremely um methodical uh and and comprehensive audit as as part of this.
Again, this is a a critical component in making sure that we can complete the recovery in a timely fashion as well as come back uh you know better and stronger than we we we were before. Um obviously during this process uh you know some some of the company counts have been temporarily frozen. Again I say temporarily frozen so not permanently but temporarily.
Um you know the team is actively working day and night uh Brian and his team to uh fully understand review um and uh and again comprehensively analyze uh the situation and produce the uh the the final results uh and and and a complete audit. Again, the completion of this audit will determine uh will assist in determining the next steps here uh in the recovery process which I'll go through uh in in more slice cover. But again, in a nutshell, that process is undergoing.
Um Brian is leading the charge. We want to be as comprehensive, as methodical, as institutionalized as possible to to execute that flawlessly and get things up and running here as smoothly and timely as possible. We we we realize, you know, time is of the essence for us, our partners, for the community.
And so, again, from from from my seat here, just to let you know that that on that front, Brian and his team are working extensively day and night to to move as quickly as humanly possible. Um, on that front, moving on. Okay.
So, I've mentioned before I want to walk you through how things are going to look for August, how they're going to look for September and October and uh and beyond. So, again, if if I to sum up what August looks like, it's recovery and restorations. And we will also be having our narolabs.
io um release, and I'll go through what what products will will be encompassed on that. But again, we want to sum up um uh August in in two words. I say recovery and restoration.
So here's some some dates to pay attention to and again when we we spend a lot of time uh guys uh you know obviously coming into these updates making sure that the dates we put here are ones that we can stand behind and ones that we can execute on. So when I say here now um uh between August 10, we've already started obviously. So now between August 10 and the 15th so probably by by the end of the weekend um we'll have narrow labs beta and the initial back office um up and running.
uh as I'd mentioned on a previous call here, our goal here is to really have a best-in-class back office and support infrastructure um with the uh the renewed version of uh of Narolabs. Again, just so you know, that'll be narrowabs. io, a complete refresh um as as I'd mentioned before.
Um, but again, I want to stress something on this that we're we're doing everything conceivably possible to make sure that the back office support infrastructure here is truly um best-in-class and and marries with the um with the trading environment that we're able to uh to to provide. So, it's something I'm I'm I'm excited about. I I believe it will be sincerely believe it will be successful over the long term.
And we're making sure we do things uh right and uh and have something that uh that folks will be really really not just proud of but can see profitable results from and uh and something that has longevity. Right? This is not about today or tomorrow.
We want something here that will take us well into the future uh and beyond. So obviously our our narrow lab dashboard will we will continue to evolve that right it's definitely not going to be stagnant it's not going to be you know a one and done the goal there is to keep delivering um new products new features um new new new new updates as we evolve and this will become this is already a primary focus of ours so we'll be adding updates uh to that following the uh the the beta after August for the rest of August as well as then September and into October and then uh beyond. But again, as I'd uh said on one of the first first of these update calls, we have our support from our institutional partners and investors from our our venture partners and we are deploying a significant amount of uh of resources into making sure what we deliver here is truly um ready for the world stage.
So let's um talk about the quantum alpha restoration. Um so you know obviously I mentioned on the um the first slide here and again a lot of this revolves around our uh our audit process um and completing that in a timely and methodical manner. We expect um quantum uh excuse me, we expect our quantum alpha payouts right will resume uh you know as the as the recovery process continues again and uh I've said this before but I want to I want to stress it again because it's critically important during this transition period you know Quantum Alpha will continue to earn the trading returns uh you can continue submitting the withdrawal requests um our temporary projected monthly returns as as we've said before approximately 2 to 3% um until things are are are recovered and resumed and and back up live up and running.
Um and obviously we have the restoration of the partner compensation structure associated with uh with quantum alpha. So again, we expect our quantum alpha payouts to resume um as soon as the uh recovery process not just continues but completes here alongside with the audit and we'll continue to provide as soon as we can um specific very specific times around that. Again, Brian and his team are actively uh really putting a lot of time and resources into moving that along as quickly as as humanly possible on that front.
That's the summary on the uh the quantum alpha restoration, the returns, the withdrawal requests um and the partner compensation structure. So let's talk [clears throat] you know the last time we spoke we we really um we jumped into uh talking about right obviously we have you know various products that are out there we need to look at them not just in isolation but holistically um but I want to just touch now on you know obviously our centralized product recovery. So again, we we really had to roll up our sleeves here and go through every single one um of the engines uh you know where any exposure was, where any weaknesses were um and and it's a full audit on the system as a whole as well as each of the centralized product.
So and as I also previously mentioned um these audits are uh you know they're both technical and security in nature. Our goal here is to be you know fully transparent. We want to get up and running uh better and stronger than we were before and we're now doing everything in our power to make sure that we're taking the right steps at the right time and moving as quick as we can in a safe and controlled environment.
Um you know on this front. So once we've completed our uh technical and uh security audits uh we will then move forward with the restoration of both the XAI bot uh the XI Pro uh the Zeus bot and as well as our um RWA. So again if um if it wasn't clear there's a sequencing here right once binary theme have uh have completely uh have completed the audit and we can begin with our recovery we then move on to our centralized product recovery and uh and those products um listed there um you know and obviously the products here will return progressively um again as as as these required audits um are complete verified uh we can produce the results um and we can feel that we're operating uh in a very transparent and structured safe and secure environment.
Again, the goal here, recover, restore, sorry, restore, recover, build, go stronger into the future, right? Each step unfortunately does take time, right? And we are working as quickly as we can to uh to do this as efficiently as possible.
Again, appreciate everyone's patience. We we've we've all had a lot of people reaching out. Um this is this is the messaging here that I'll I'll delivering previously that I'm delivering today and that I'll continue to deliver on a consistent basis and the moment we have you know specific dates specific times uh we will deliver those to the community immediately.
Community has always and will always be uh the center uh of this company. We we appreciate that. We're aware of that and uh our goal here is to is to honor that as we do this in a structured way.
So that covers August. Um what does uh what what does September hold? So you know as I've said I keep saying as I've said previously but I'm stressing these messages because these are um these are important things a lot of investment a lot of capitals going into the renewed neurolabs and so September will bring along with that um dashboard expansion.
Um so what will that look like? And this is something I'm incredibly excited about. Uh I think you will too.
I'm also excited that uh it will be done in an institutional manner with the required uh back office support. Um so throughout September you will continue to see uh dashboard upgrades with new functionality and products added. Um again here we we we want to be best-in-class.
We want to be delivering the right tools, the right inter interface uh the right experience both from the front and the back office perspective um to to our narolabs. io uh infrastructure. So once we built on the uh initial once we have the beta release out we will then obviously expand the dashboard and we really want to we want to make these tools as as robust and as as cutting edge as possible.
So whether it's new products, whether it's upgraded tools, uh whether it's additional ecosystem services, back office support, VIP support, whatever that whatever that looks like, and I'll go into what some of those look like in a moment. Um but that's what you'll start to see pretty consistent uh development on and releases throughout September 2026. Um again our functionality will be introduced progressively uh once we feel things are safe they tested they trusted uh and and we feel very good about them uh and I think this is something that will uh truly make us build back here uh better and stronger than we were before and uh and something that uh which is near and dear to to to the whole team is the longevity here.
We want something that will last us well into the future and remain a industry leader um for many years to come. So as part of this um as part of this uh this upgrade and this renewed neurolabs what is the what is the trading infrastructure look like? What will we be able to offer?
So we obviously will as I mentioned we will be expanding that beyond just a single product. We want to have um truly a comprehensive uh and robust trading environment that will have you know m multiple multiple solutions, multiple algos, multiple bots. Uh really something that I would like to see here be a one-stop shop for both novice and professional traders alike.
Uh so again from what you will see here is additional trading parts um integration of different trading algos ability to introduce third party trading solutions which is uh which is which is incredibly exciting um and then you know there will be we want to create opportunities here for other companies and third parties to uh to utilize our platform to launch their own trading products on. Um, you know, this is uh this is something that there's been a lot of interest on from the uh more institutionalized folks who want to leverage our uh infrastructure uh and introduce third party um trading products onto the platform. So again, the goal here is to create a a a best-in-class institutional-like decentralized trading platform at narolabs.
io IO and we are spending a significant amount of resources in in bringing that uh bringing that live and so so will be an incredibly exciting month for that. So stay tuned. There will obviously be a lot more updates uh between now and then.
I'm going to show you that. Um you know what will some of these um ecosystem opportunities look like? We're going to have things there'll be there'll be financing.
There'll be new partner bonus models. There'll be strategic partnership opportunities. Um and and obviously this is all encompassed in the expansion of our Narolabs ecosystem.
Um and again uh the goal here we've got incredibly bright people working on things behind the scenes. We know what what will move the market. We know what people are looking for.
Um and we know the the infra that we've already got. And so the question here is you know how how much can we scale this? how efficiently and safely can we scale this and and safety is a number one priority here.
That's you know that that's that that'll be said now be said multiple times. Um but again all of this along with not just this uh ecosystem opportunities but having truly a uh institutional level uh back office and support infrastructure to to line up with this nextg um trading in infrastructure. Uh later on we'll walk through some of these what these financing opportunities will look like.
Um but again I think September as you see some of these updates go live you'll be incredibly excited about what we are what we are delivering and we we'll feel great because we know that it is something that we can uh we can trust. Uh we want things to be completely transparent. We want things to be safe and secure for everyone uh in in the ecosystem.
Again, the goal here is not just to restore and recover, but to rebuild stronger, right? Rebuild better uh and and rebuild with longevity in mind, s positioning us well into the future. So, what have we covered so far?
Just a quick recap. Brian and and co are continuing to push forward on the audit front. We've gone through what uh what the road map will look like for August.
I've gone through what uh what what we're planning to go live with in September, and we'll have updates on that. And so then that brings us into October. And October will will result in even further ecosystem expansion.
Again, here the goal is not to be static. The goal is to not have a one- hit wonder of a product, but to truly have a diversified, comprehensive um institutionalized trading platform where different products can plug and play, different institutional partners can come on board um and we can, you know, hopefully, and this is the goal here, to truly be right up there at the top as as as a best-in-class trading infrastructure. So in October you'll see even a a further upgrade um to our Narolabs dashboard.
Um again we will continue to add products as uh as frequently as makes sense provided that they are going to be useful impactful um and uh and again with the idea that there is they are accretive in nature to the ecosystem. We're not going to put something on just for the sake of it having it on. We want something that be accreted either has greater functionality, more tools, um greater exposure, deeper connectivity to various algorithms.
So whatever that would look like, the goal here is to really provide improved products, additional products, complimentary products, and products that are accreative to uh to to narrow as a whole. Bearing in mind, we want things to be convenient. We want them to be user friendly.
Um, and we want we want obviously to drive drive engagement forward uh well into the future here. And so again, a lot of time a lot of capital is being deployed to uh to to bring these developments live in September and uh and October. So definitely will be a lot of updates to come here in the coming weeks.
one of those um one of those products uh that we'll see and this is something that you know there's there's other companies out there providing it um I think when we when we think of the use case for stable coins and we think about how crypto is more deeply ingrained in our financial ecosystems as a whole um having collateralized assets having leasing platforms um having having these sort of tools available to our partners to our community to our users to our institutional um partners is critical and so our leasing platform is planned as an additional um expansion within the ecosystem. Um and uh we have we will have a full suite of uh of products and services around that. Again, this is by no means um revolutionary uh in the crypto space, but it's something that uh in our perspective is a fantastic asset and functionality feature to have if you truly are going to have a best-in-class fully diversified and and functioning ecosystems.
Um and so [clears throat] the leasing platform is one that uh we're incredibly excited about. And again even outside of this as these um as these uh as these tools and functionality become available we will be having real time real time calls real time updates um but again leasing platform is uh is one that's near and dear and I think one that will put us on the map and will create a significant amount of uh of opportunity uh for our partners for our community uh for the ecosystem as a whole. Another one that um I'm incredibly excited about here, but is is uh and and was something that uh has always has always been there and um I think it is so much room for for growth here and and room for expansion.
Um and that's with regards to the Neo Bank. So Neo Bank, we we plan on expanding our financial infra. We want to have new products here.
Uh but this is truly uh our products here are not something that we are going to be creating in a vacuum. These are products that are going to be built out of uh the needs uh from users and partner networks. Right?
We we we know the requests. We know what people want. We know what they need.
We know what potential competitors are doing and we know what it will take to push the Neo Bank uh forward into a market leading uh leading position. So again, we're going to have a a a pretty heavy suite here of uh financial products and we're introduction of a newly a completely newly developed card. Um one thing important to know here, the card here will have a limit of up to $50,000 uh per month, which is substantial um and in my opinion far beyond anything else at least that I've seen out there from a competitor perspective.
Um and obviously all this is in while while still maintaining the preservation of our um existing partner network uh within the neo bank. So again just taking a step back here if we if you look at between the neo bank expansion with the the products and services we'll bring on board there as well as leasing I think you can see what I what I've been the message I've been trying to deliver along the way here and that is to build back stronger better features expand in all the areas that we we know we can drive growth we know we can drive change and we know we can deliver uh products and services that are needsbased uh and and and and ones that we know our community will truly relish the opportunity to have. So again outside of the when I started I said when we talk about August we talk about restoration recovery when we talk about September and October we're talking about development we're talking about products and we're talking about growth and these are just some of the the highlights to flag there.
again uh there will be very regular uh updates especially as we as we go live with certain things. So [clears throat] next uh on on the agenda um which is incredibly exciting um I'll try and do this with the same uh the same energy that that Shane delivers but he is he's one of a kind. Um but incredibly excited to announce here that our our Bali event for for 2026 uh will be October 16 to October 18.
Um you know and the goal here is obviously we should be uh by that time in our position that is restored, recovered and rebuilding stronger. And so the dovetailing effect uh is really something we're we're aiming to get there and get get folks really excited, rejuvenated. Um and and uh you obviously be seeing a lot of updates, a lot of developments, a lot of new products, new features by that point.
Um and so this will be an exclusive ORM event. As always, it will bring up to around 250 partners and leaders again from around the world. Um, and truly just creating uh an unforgettable experience and and and rewarding the folks that have worked so hard.
Again, I've I've said this before, I'll say it again and I'll continue to say it as many times as necessary. This company does not exist without the network. It does not exist without the community.
Right? And that is why our priorities are restoration, recovery, safety, security, new products, new features. Continue to deliver to you uh and make our communities stronger, more profitable.
Um, so we can build something well into the future here. So again, that'll be Bali October 16 to 18, 2026. So it's about two months away.
Um, a little bit more on the on the Bali event. Um, just with uh, you know, some nice nice palm trees on the back of this one. But um I think what what the the goal here as well will really to um to to to bring to the conclusion like I just said on on on previously right it'll it'll be the inflection point of this restoration recovery in August rebuilding redeveloping of September development progression in October.
So the dovetailing and the marriage of of those things, we want to celebrate that uh w with the leaders um and with the community in in Bali and really this will be the final stage uh of our recovery and uh and the step forward into our um ecosystem development and growth. So whether it's the launch of orbit one, our Neurolabs dashboard with expanded products, uh what we hope will be in place on the NeoAK side, um all the additional tools and features again here as I as I talk to this as I talk to you guys here and uh you know I I love doing these things live where I can see everyone and feel the energy. But it is here and again we did not come up with this date lightly.
Um this is not just uh you know October seems like a good month. This really is the the focal point um where we want to uh have the past truly behind us and the future truly in front of us all together better and stronger than we have ever been uh before. So again, October 16 to 18 uh in in Bali, um it will will be the uh the the truly the I don't want to say the independence day or the the the next stage, but it will mark the the the the end of an era and the start of a of a brand new incredibly exciting chapter uh in in in in our history.
So [clears throat] to uh to just then go through some of the details for those of you who aren't familiar um who are new um but you will have the um achiever level which uh have obviously a leader level and a VIP level. Each one of these is qualification for two with achiever being um $50,000 uh USDT in direct sales. 75,000 for the leader level and 125,000 uh for the direct sales level.
For each one of those, obviously, you'll receive um an invitation for two um to the event, which is three nights at um at uh is truly a premium resort. And uh I'm sure everyone that goes will will be able to have a pretty phenomenal it's going to be a phenomenal experience, a phenomenal time uh for everyone's there. you know, there'll be full flight compensation um and uh and so on.
So, October 16 to 18 um next chapter in in our history, one that uh I'm excited about. I'm excited to again put the past behind us and do it in a methodical structured way. August, recovery, restoration.
September, development, growth. October.